As of November 2023, a survey found that the leading reason for unsuccessful financial performance among building and construction businesses in New Zealand was due to higher building costs, with over 70 percent of respondents citing this reason. Lower margins and project cancellations were also key contributors to negative financial performance among building and construction businesses.
Leading reasons for negative financial performance among building and construction businesses over the last 12 months in New Zealand as of November 2023
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MBIE (New Zealand). (April 19, 2024). Leading reasons for negative financial performance among building and construction businesses over the last 12 months in New Zealand as of November 2023 [Graph]. In Statista. Retrieved June 28, 2025, from https://www.statista.com/statistics/1364523/new-zealand-reasons-for-negative-financial-performance-among-construction-businesses/
MBIE (New Zealand). "Leading reasons for negative financial performance among building and construction businesses over the last 12 months in New Zealand as of November 2023." Chart. April 19, 2024. Statista. Accessed June 28, 2025. https://www.statista.com/statistics/1364523/new-zealand-reasons-for-negative-financial-performance-among-construction-businesses/
MBIE (New Zealand). (2024). Leading reasons for negative financial performance among building and construction businesses over the last 12 months in New Zealand as of November 2023. Statista. Statista Inc.. Accessed: June 28, 2025. https://www.statista.com/statistics/1364523/new-zealand-reasons-for-negative-financial-performance-among-construction-businesses/
MBIE (New Zealand). "Leading Reasons for Negative Financial Performance among Building and Construction Businesses over The Last 12 Months in New Zealand as of November 2023." Statista, Statista Inc., 19 Apr 2024, https://www.statista.com/statistics/1364523/new-zealand-reasons-for-negative-financial-performance-among-construction-businesses/
MBIE (New Zealand), Leading reasons for negative financial performance among building and construction businesses over the last 12 months in New Zealand as of November 2023 Statista, https://www.statista.com/statistics/1364523/new-zealand-reasons-for-negative-financial-performance-among-construction-businesses/ (last visited June 28, 2025)
Leading reasons for negative financial performance among building and construction businesses over the last 12 months in New Zealand as of November 2023 [Graph], MBIE (New Zealand), April 19, 2024. [Online]. Available: https://www.statista.com/statistics/1364523/new-zealand-reasons-for-negative-financial-performance-among-construction-businesses/
