NZ government seeks to save money on building materials as annual spending set to double

Mon, 21 Oct 2013

By Tina Morrison Oct. 22 (BusinessDesk) – New Zealand’s government is looking for ways to save money on building materials as its annual spend is predicted to more than double for the next five to eight years, driven by the Canterbury rebuild and leaky building remediation. Government agencies are forecast to increase their annual spending on building supplies to $3.3 billion from a previous base of $1.5 billion a year, the Ministry of Business, Innovation and Employment said in a discussion document. Canterbury is expected to account for 54...

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