The GDP has grown as expected – rising 0.2% in the June quarter. 

Construction was the biggest boost, up 2.7%, driven by more residential building projects. 

It's the largest increase in construction activity since the June 2023 quarter.  

Master Builders CEO Ankit Sharma told Ryan Bridge they've been seeing steady signs of improvements in both business and consumer confidence, so it's good to see that confidence turning into real growth. 

LISTEN ABOVE 

The GDP has grown as expected – rising 0.2% in the June quarter.&nbsp;
Construction was the biggest boost, up 2.7%, driven by more residential building projects.&nbsp;
It's the largest increase in construction activity since the June 2023 quarter. &nbsp;
Master Builders CEO Ankit Sharma told Ryan Bridge they've been seeing steady signs of improvements in both business and consumer confidence, so it's good to see that confidence turning into real growth.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Ankit Sharma: Master Builders CEO on the construction sector being a primary driver in GDP growth

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1f5e5e26-c563-40ea-a3eb-b4c8017bc188/transcript