News

Big lift in Canterbury reconstruction

Wednesday 5th of September 2012

By comparison, non-residential building work contracted by 5.6%.

Canterbury’s reconstruction activity is gathering pace, with residential building work up 27% in the quarter and 60% up on its June 2011 lows.

But Westpac senior economist Anne Boniface said more work was going on in Canterbury than the statistics suggest.

“Even this sizable lift is likely to un...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.