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Speaker 1: Some insight into our construction sector, which in some ways,

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Speaker 1: of course, has been the poster child for job losses

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Speaker 1: in the last couple of years. We're at a six

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Speaker 1: year low, sixteen thousand fewer jobs, total revenue down five

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Speaker 1: percent to ninety four billion. But but buckle up, they

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Speaker 1: think twenty six is recovery time. Carl Taylor's the CEO

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Speaker 1: of Combined Building Supplies co OP, and is back with us.

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Speaker 1: Carl morning, Good morning, Mike, how are you very well?

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Speaker 1: Thank you? Is this the bottom?

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Speaker 2: I think we are at the bottom. It's certainly still

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Speaker 2: tough out there, like I've been mentioned to use for

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Speaker 2: quite a while now, But in fact, we actually surveyed

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Speaker 2: a lot of our members last month and fifty four

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Speaker 2: percent of them say the same. They're pretty steady. Was

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Speaker 2: thirty seven percent still slowing. So it's still pretty bleak.

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Speaker 2: But feels like we are on the bottom here.

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Speaker 1: That the horizontal vertical thing that you guys deal with,

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Speaker 1: is there divergence in that when this twenty six vibe

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Speaker 1: comes around, are you building up or out or it

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Speaker 1: doesn't matter.

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Speaker 2: It's a bit of everything, really. I mean, we're seeing

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Speaker 2: the civil sector certainly booming. There's a lot of specifically

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Speaker 2: down stairs at the infrastructure work going on, but residential

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Speaker 2: new housing I would have said, pretty pretty dead. Client

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Speaker 2: hesitation's probably still the biggest issue with a lot of

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Speaker 2: the members that I talk through. They've got clients that

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Speaker 2: just can't make up their mind whether they want to

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Speaker 2: spend some money or not. And if they are sp

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Speaker 2: any money, it appears to be back in that renovation

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Speaker 2: work still whe they're not having to quite spend as much.

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Speaker 1: Nothing wrong with a good reno, though, Carl keeps.

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Speaker 2: The economy flowing, keeps tills going.

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Speaker 1: You had a good barthroom there. When you've got a

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Speaker 1: lot of joy in a bathroom, fully tiled bathroom, you

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Speaker 1: get a lot of pleasure out of that.

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Speaker 2: Yes, it's still good spending. It's still money going to tell,

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Speaker 2: so any works good work. At the moment I think

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Speaker 2: to the guys.

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Speaker 1: Do you have a definitive answer? Because this is politics

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Speaker 1: and I follow that very closely. So the argument is

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Speaker 1: this labor will tell you the procurement the pipelines rubbish,

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Speaker 1: and this government's canceled everything. The government will tell you

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Speaker 1: that the problem was the interest rates were too high

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Speaker 1: because the last lot buggered the place. What's true.

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Speaker 2: Well, what I would say is the one thing that

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Speaker 2: government's done this time I think in our for our

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Speaker 2: sector is that they are doing everything they've promised to

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Speaker 2: do when they went into government. The last government I

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Speaker 2: couldn't even get in front of the construction minister, where

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Speaker 2: this one they actually listen. So I feel as if

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Speaker 2: they are doing what we require in the sector.

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Speaker 1: Yeah, okay, so twenty six are you going to have problems?

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Speaker 1: Given sixteen thousand have left, I'm assuming many have gone

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Speaker 1: to places like Australia, You're going to have hiring troubles.

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Speaker 2: Yeah, that's happening already. I think I was in Australia

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Speaker 2: only last week. It doesn't appear to be that much

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Speaker 2: greener there. The wages are certainly higher, travels more expensive,

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Speaker 2: so it's about the same. And believe it or not,

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Speaker 2: building costs I still sit around that two thousand and

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Speaker 2: four thousand. So yeah, there's going to be a problem,

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Speaker 2: but at least when it does crank back in, we're

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Speaker 2: going to have a long time to be able to

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Speaker 2: try and bring those people back or at least rehire again.

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Speaker 1: Anyway, good stuff, Carl, Always a pleasure to have you

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Speaker 1: on the program, Carl Taylor, I don't think you brought

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Speaker 1: into my renovated bathroom thing quite as enthusiastically as I

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Speaker 1: was thinking.

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Speaker 2: You get a lot of joy out of bathroom.

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Speaker 1: I get mendus joy out of bathrooms at two thirty

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Speaker 1: in the morning. My floor is nice and warm, and

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Speaker 1: my tarwel rail's hot, and my my, my aged brass heads.

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Speaker 1: Look you hang on, hang on, hang on, hang on.

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Speaker 2: I don't think we.

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Speaker 1: It is sorry. Who was the construction minister? Posto and

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Speaker 1: Meghan Woods couldn't get in front of the construction minister Posto?

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Speaker 1: Williams and Meghan Woods, what a surprise.

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Speaker 2: For more from the Mike Asking Breakfast, listen live to

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