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Soaring building costs strike sour note for NZ's 'rock star' economy

Severe labour shortage pushing up wages as home demand from record migration drives construction boom
Tuesday, June 27, 2017 - 05:50

Wellington

NEWLY qualified New Zealand carpenters are commanding six-figure salaries and construction costs have risen by half in under three years, symptoms of an unprecedented building boom straining the South Pacific nation's much-envied economy.

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