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Speaker 1: The house renovations are basically keeping builders busy at the moment.

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Speaker 1: In the year to February, construction jobs went backwards two

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Speaker 1: point one percent. Manufacturing was down one point six These

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Speaker 1: are the numbers out yesterday. That's nearly eight thousand jobs

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Speaker 1: gone in a year. Malcolm Fleming, New Zealand certified builders

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Speaker 1: SEEO with us this morning. Hey Malcolm, good morning. Right,

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Speaker 1: jobs going well? Where are the workers going?

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Speaker 2: Was he? For the last two years has been pretty

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Speaker 2: tough for the construction industry, with some reporting talking about

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Speaker 2: fifteen thousand plus jobs depart of the sector of people

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Speaker 2: who have other left the industry to other industries here

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Speaker 2: in New Zealand or it departed overseas and as you say,

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Speaker 2: to destroy has been a key destination.

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Speaker 1: What proportion of the work here now is renolds versus

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Speaker 1: new builds versus state housing stuff like that.

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Speaker 2: If I look at our membership and what they're telling me,

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Speaker 2: over half of their workload going forward is in the

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Speaker 2: renovation area. That's one area of the market that has

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Speaker 2: stole up. Looking at Stax in New Zealand's the statistics

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Speaker 2: over the last twelve months or so. Most other things

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Speaker 2: have fallen away.

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Speaker 1: What would it normally be.

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Speaker 2: It would be renovations would be low below fifty percent.

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Speaker 2: New builds the area that has sort of fallen away

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Speaker 2: quite a lot, and so well qualified builders with the

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Speaker 2: ability to do so move across and can do things

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Speaker 2: like renovations and small commercial works and other parts of

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Speaker 2: the market.

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Speaker 1: Malcolm, if you were pricing a job today, I was

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Speaker 1: thinking about this this morning. Pricing a job today versus

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Speaker 1: say February before the war began, back in the golden times,

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Speaker 1: how much extra would you be building into a job.

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Speaker 2: Well, talking to merchants over the last couple of weeks,

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Speaker 2: we're starting the irregular increases to materials starting to flow

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Speaker 2: on through. It's always reminiscent of COVID times across twenty

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Speaker 2: twenty twenty twenty two when there is almost fort mine

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Speaker 2: the updates to the merchantists. So they range really sort

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Speaker 2: of fuel prices that are being added on, and they're

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Speaker 2: addings of four percent eight percent. This is an indication

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Speaker 2: across the board. But these are fuel costs that have

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Speaker 2: been put onto the delivery of products and added to

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Speaker 2: the delivery cost.

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Speaker 1: And therefore would the price of a build go up

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Speaker 1: four to eight percent potentially right.

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Speaker 2: At the moment, in the middle of all this, the

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Speaker 2: cost of build is going up.

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Speaker 1: Appreciate your time this morning, Malcolm, Thanks for being with me.

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Speaker 1: Malcolm Fleming, who is certified to build a CEO.

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Speaker 2: For more from Early Edition with Ryan Bridge.

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Speaker 1: Listen live to news Talks. It'd be from five am weekdays,

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