| From Homesoverseas.co.uk: New Zealand Property developers have called for an urgent government bailout, as a considerable fall in construction activity, culminates in the loss of thousands of industry jobs. Some construction companies have slashed up to 30% of their workforce over the past year or so, according to the Urban Development Institute of Australia (UDIA).
Its feared that up to 50,000 more jobs could be cut, says state president Brett Gillan of Queensland and Federal Governments..... Full Article: Source
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