ComCom to investigate building materials pricing: Robertson

An ITM wood yard; building materials inflation to be probed.

Tue, 11 May 2021

The New Zealand Building Industry Federation says it welcomes a government market study into building materials pricing, but it needs to factor in transport and compliance costs. On Monday, finance minister Grant Robertson told a pre-budget business briefing in Auckland the Commerce Commission will shift its focus to building materials and hardware stores once it had finished looking into whether groceries were being fairly priced. Robertson’s comments follow recent price hikes and supply constraints across the sector, which has...

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