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Why are so many construction companies failing?

Nearly 100 rebuild-related companies have gone into liquidation or receivership in Christchurch.
 
Sally Lindsay and Chris Hutching talk about the latest in property news in Property Talk on NBR Radio and on demand on MyNBR Radio.

Sally Lindsay
Mon, 19 Oct 2015

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An increasing number of building firms went belly-up last year despite the Christchurch and Auckland building booms and this is expected to get worse.

Nearly 100 rebuild-related companies have gone

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Sally Lindsay
Mon, 19 Oct 2015
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Why are so many construction companies failing?
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