Small builders under the pump from Aussie banks
Despite record levels of building activity profit margins are beginning to narrow.
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Hawke’s Bay
Property experts say the New Zealand subsidiaries of the big four Australian banks are starving little builders in this country.
As a result, New Zealand could be facing an estimated $20 billion housing hole as small building companies struggle to get finance.
The Australian-owned trading
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Sally Lindsay
Tue, 03 Apr 2018
Tue, 03 Apr 2018
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