Hays Construction Industry Report New Zealand FY24/25

Key findings from the Hays Construction Industry Report New Zealand FY24/25

Despite there being a perfect storm of opportunities including housing shortages, population growth, civic expansion and targeting of net-zero, some businesses are struggling to capitalise on them.

Elevated material costs, continued supply chain disruption and the green revolution are all challenges the industry needs to solve in the years ahead – and that’s not even mentioning the chronic skills shortages.

Skills in the construction industry are already inadequate for what is needed now, and this deficit is only going to grow as the move towards green construction builds. Shortages will only continue to expand as the profile of the skillsets the industry needs continues to change and evolve.

Covering commercial, infrastructure and residential construction, this report addresses the biggest challenges and opportunities facing New Zealand’s construction industry.

Construction Report Cover

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About the Hays Construction Industry Report New Zealand FY24/25

This report examines the current state of the construction industry, what it’s biggest challenges will be in the year ahead, and what skills businesses will be needing to solve for these hurdles. Download the report to discover how the construction industry can develop a robust future by adapting quickly in a rapidly evolving landscape.

56.3b	4.4%
The amount the industry was worth in 2023.	The increase in total construction output in the year ended March 2023.

37%	200k
The number of NZ construction business leaders that feel positive about the economy.	The number of homes expected to be greenlit for construction in the next six years.