New Zealand: reasons for positive financial performance among construction businesses 2022

In financial year 2022, a survey found that the leading reason for successful financial performance among building and construction businesses in New Zealand was due to higher customer demand for work to be completed than originally projected, with over 56 percent of respondents citing this reason.

Leading reasons for positive financial performance among building and construction businesses over the last 12 months in New Zealand in financial year 2022

Characteristic	Share of respondents
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Release date

November 2022

More information

Region

New Zealand

Survey time period

April to June 2022

Number of respondents

212*

Age group

18 years and older

Special properties

respondents are business owners/managers

Supplementary notes

*overall, 1,029 business owners/managers were surveyed, but only 212 respondents had a positive financial performance.

Original survey question: what are the main reasons for this (having a successful financial year)?

For the companies surveyed, the financial year ran from 1 April, 2021 to 31 March, 2022.

Values are weighted.

Respondents include those working in residential building construction, non-residential building construction, heavy and civil engineering construction, land development and site preparation services, building structural services, building installation services, building completion services, other building construction services, scientific research services, and architectural, engineering and technical services.

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