16 Jun 2020

Abandoned plans: Building industry at risk of cracking

From Nine To Noon, 9:10 am on 16 June 2020

As the government details 11 job-rich infrastructure projects it hopes will repair the economy, there are warnings of a looming crash in the building industry. A new survey from the Property Council has found 70 per cent of pre-Covid commercial and industrial proposals and 50 per cent of residential builds face being delayed or cancelled due to market uncertainty. Property Council chief executive Leonie Freeman joins Kathryn.  Also AUT construction management professor John Tookey, who says the government's projects aren't enough to save the industry, and is forecasting builders and other construction workers will leave for work overseas.

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