Fletcher-commissioned Deloitte report shows building material costs are low

Fri, 17 May 2019

By Jenny Ruth May 17 (BusinessDesk) - The cost of building materials in New Zealand account for between 16-24 percent of the cost of residential housing development costs, depending on the type of building and location, according to a study by accounting firm Deloitte. If the development was done using only products sourced from Fletcher Building wherever possible, the potential cost contribution would be between 6-11 percent of the cost, again depending on location and type of building, Deloitte’s 128-page study says. Fletcher commission...

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