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Malcolm Fleming: NZ Certified Builders CEO on the rise in construction business liquidations
Published 4 months, 3 weeks ago
Description
2026 has been a rough year for New Zealand's construction sector, with multiple businesses going bust in January alone.
Reports show there were 22 applications to put building or property related companies into liquidation over the 7 days from January 20 to January 27.
NZ Certified Builders CEO Malcolm Fleming says this reflects the tough conditions that have impacted the market over the last two years.
"Any liquidation is a bad news story, it's devastating for the builder, the homeowner, the sub-trades and supplier."
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