Construction

GIB plasterboard supply shortage 'dire' - Master Builders

17:24 pm on 14 June 2022

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"Absolutely dire". That's Master Builders' summary of the GIB shortage that's left projects unfinished and some businesses struggling to stay afloat.

Fletcher Building has an effective monopoly with about 95 percent of market and says its producing as much GIB as fast as it can and no one could have anticipated the significant jump in demand.

Today industry leaders met with the Ministry of Business, Innovation and Employment to talk about solutions to the plasterboard shortage.

Master Builders chief executive David Kelly was at the meeting and joins Lisa Owen.