14 Apr 2023

Academic doubts crane numbers indicate resilience

From Morning Report, 7:51 am on 14 April 2023

An academic specialising in construction doubts that a high-number of cranes on building sites is a true indication the sector is showing resilience.

The latest crane index from quantity surveyors, Rider Levett Bucknall shows a record 157 long-term cranes on construction sites nationally in March.

Claims that building-inflation has peaked, has also raised the eye-brows of AUT Professor John Tookey.

He says it's just too early to start getting excited.

Tookey spoke to Corin Dann.