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Speaker 1: Heather Do for ce Ellen.

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Speaker 2: Now, almost three quarters of builders think that the industry

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Speaker 2: is in for another tough year. Unfortunately, this is according

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Speaker 2: to a new survey of six hundred and fifty Kiwi builders.

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Speaker 2: Seventy six percent or rather sixty seven percent of them

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Speaker 2: don't think that they don't have as much work as

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Speaker 2: they did last year. Seventy percent of them think industry

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Speaker 2: conditions will decline over the next twelve months, which is

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Speaker 2: the vast majority of them. So you've got to believe

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Speaker 2: what you're hearing. Ebos died the survey and Matt Dooda

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Speaker 2: is the managing director.

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Speaker 3: Hey, Matt, heather good evening, how much.

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Speaker 2: Longer do you think these guys can hang on?

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Speaker 3: Well, let's provide some context here. I think the report

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Speaker 3: confirms what we've been seeing and building consent numbers in

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Speaker 3: anecdotal reports really just suggests that we've got significant capacity

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Speaker 3: today and that capacity is going to remain for some time.

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Speaker 3: I think the overall message for people here is if

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Speaker 3: you're actually been considering a project where it's a renovation

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Speaker 3: or a new build, I think the window over the

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Speaker 3: next one months is going to be the best time.

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Speaker 3: Probably in the next five years to get stuck into

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Speaker 3: a project, because you're going to find you've got builders

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Speaker 3: and architects available when you want them, and we've got

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Speaker 3: married with building prices, building product prices at stabilized rates,

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Speaker 3: and competitive labor rates as well. So I think we

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Speaker 3: should try and encourage the demand for building in terms

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Speaker 3: of you know, for those hanging on, we're builders to

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Speaker 3: operate on tight margins, so having continuity of works really

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Speaker 3: important to them. So there are some concerns here, particularly

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Speaker 3: for smaller builders who told us that, hey, they're doing

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Speaker 3: this toughest and have had the most significantly reduced workloads.

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Speaker 2: So I would imagine that you guys would be particularly worried,

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Speaker 2: or people who are worried about the stuff would be

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Speaker 2: particularly worried about the twenty one percent or thereabouts who

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Speaker 2: are working at about at zero to forty nine percent capacity, Right,

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Speaker 2: I mean, you're not doing half the work you could

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Speaker 2: you doing. Who are these people? Are they the sole traders?

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Speaker 2: Are they the small guys?

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Speaker 3: Yeah, it's definitely skewed towards the smaller, smaller companies. I

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Speaker 3: would however, mention that you know, some of the larger

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Speaker 3: companies have actually got significant pipelines that are more positive

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Speaker 3: about the future, and it also urged people to think

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Speaker 3: that are just to remind them there's some regional differences here,

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Speaker 3: so there's different levels of demand depending on where we

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Speaker 3: are in the country. But you know, in terms of

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Speaker 3: the actual financial stability, you know, we're actually seeing the

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Speaker 3: report that you know, most builders they're responsible, and they

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Speaker 3: are actually responding like anyone tightening their fiscal belt. They've

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Speaker 3: mentioned multiple factors to looking to drive greater efficiency. They're

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Speaker 3: open to utilizing new products and technology, and certainly thinking

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Speaker 3: about widening their portfolio of services, particularly into the renovations market.

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Speaker 3: So it's good to see.

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Speaker 2: Hey, I was quite fascinated to hear that some builders

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Speaker 2: are wary of the new law that's going to remove

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Speaker 2: the requirement for the local certification of material. I would

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Speaker 2: have thought that they would want it to want it

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Speaker 2: to be easy to get this stuff in.

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Speaker 1: I hither, the way I read the report, I actually

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Speaker 1: see that the majority of builders are actually supportive of

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Speaker 1: loosening the rules to allow more important product.

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Speaker 3: But I do think that a number of them just

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Speaker 3: have a word of caution for the government to make

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Speaker 3: sure that not all product is considered equal, So let's

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Speaker 3: think about taps and toilets differently from windows and structural

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Speaker 3: elements and roofing products.

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Speaker 2: Yeah, that's actually a very good point, Matt. Thanks so much, mate, appreciated.

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Speaker 2: Look after yourself. It's Matt, due to Eboss's managing director.

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Speaker 3: For more from Hither Duplessy Allen Drive, listen live to

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Speaker 3: news talks.

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