Property

'Hundreds' of companies will go to the wall, as Gib dries up

Brent Melville
Fri, 10 Jun 2022

'Hundreds' of companies will go to the wall, as Gib dries up

Brealey says it will just 'get worse' at the expense of jobs. (Image: Simplicity Living)

Brent Melville
Fri, 10 Jun 2022

Frustrated builders are being forced to source plasterboard offshore on the back of a supply bottleneck that could force hundreds of businesses to go under by the end of this year.Auckland construction company Simplicity Living, owned by KiwiSaver provider Simplicity, has ordered 182,000 square metres of plasterboard from Bangkok, Thailand, enough to cover its initial requirements across its first 550 build-to-rent homes in Mt Albert, Mt Wellington, Point England and Onehunga.Naylor Love construction is also known to have imported a small quant...

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'Hundreds' of companies will go to the wall, as Gib dries up

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