'Relentless’ price increases choking life out of construction

'Relentless’ price increases choking life out of construction
Pricing home builds is a 'moving feast', builders say. (Image: Getty)
Brent Melville
It’s mid-February and builder Ross Fickling says he’s already faced up to two hefty price increases and delays to key building materials needed to finish off residential jobs.Fickling, who’s run RGF Construction on Auckland’s North Shore for the past seven years, has three sites on the go but said the costing for each was a "moving feast".That presents problems for him as a builder and then, problems for the developer or owner.Colour steel and aluminium joinery prices have jumped between 10%-to-20% while some c...

More Infrastructure

Analysts downgrade Channel Infrastructure
Infrastructure

Analysts downgrade Channel Infrastructure

The move follows BP's selling its stake.

Ian Llewellyn 21 Jun 2024
Counting cones cost: transport minister warns of 'infestation'
Infrastructure

Counting cones cost: transport minister warns of 'infestation'

Simeon Brown says NZTA will start counting traffic management costs from September.

Oliver Lewis 21 Jun 2024
BP exits Channel Infrastructure in $46m deal
Infrastructure

BP exits Channel Infrastructure in $46m deal

BP follows Mobil and exits former Marsden Point oil refinery business.

Oliver Lewis 19 Jun 2024
Email from CCHL boss reveals dividend frontloading trade-offs
Infrastructure

Email from CCHL boss reveals dividend frontloading trade-offs

Paul Silk sent his email shortly before the director exodus.

Oliver Lewis 18 Jun 2024