Auckland-based Scarbro Construction has today declared insolvency and called in liquidators.

The building company has stopped work on five active construction sites- and experts warn this won't be the only construction business in trouble this year.

AUT Construction Management professor John Tookey wasn't expecting Scarbro to dissolve, but says that any construction company can go belly-up.

John Tookey says Scarbro's liquidation has likely come down to a cash flow crisis generated by a contract or sub-contract going wrong.

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Auckland-based Scarbro Construction has today declared insolvency and called in liquidators.
The building company has stopped work on five active construction sites- and experts warn this won't be the only construction business in trouble this year.
AUT Construction Management professor John Tookey wasn't expecting Scarbro to dissolve, but says that any construction company can go belly-up.
John Tookey says Scarbro's liquidation has likely come down to a cash flow crisis generated by a contract or sub-contract going wrong.
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With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

John Tookey: AUT Construction Management professor on Auckland-based Scarbro Construction entering liquidation

The Australian federal budget is set to be delivered tonight, and it's promising big changes.

Treasurer Jim Chalmers says the budget will feature 'more than the usual amount of savings and more than the usual amount of reform'.

Australian correspondent Murray Olds says this will appeal to younger voters, as concerns have been raised about intergenerational inequality and the housing market. 

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The Australian federal budget is set to be delivered tonight, and it's promising big changes.
Treasurer Jim Chalmers says the budget will feature 'more than the usual amount of savings and more than the usual amount of reform'.
Australian correspondent Murray Olds says this will appeal to younger voters, as concerns have been raised about intergenerational inequality and the housing market.&nbsp;
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Oliver Peterson: Australian correspondent ahead of the 2026 Australian federal budget being handed down

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/692ce578-906d-444b-92c6-b4480059a6d3/transcript

Luke Metcalf is poised to leave the Warriors.

The NRL club have confirmed they have agreed to a request from Metcalf's management to talk with other clubs.

It's unclear whether they would allow an immediate release for the halfback, who only re-signed until 2028 late last year.

Sportstalk host D'Arcy Waldegrave explained further.

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Luke Metcalf is poised to leave the Warriors.
The NRL club have confirmed they have agreed to a request from Metcalf's management to talk with other clubs.
It's unclear whether they would allow an immediate release for the halfback, who only re-signed until 2028 late last year.
Sportstalk host D'Arcy Waldegrave explained further.
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D'Arcy Waldegrave: Sportstalk host on whether Luke Metcalf can leave the Warriors

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9365996d-6e27-4e73-b2a1-b44800567dde/transcript

The Police Association says a new pay offer doesn't meet struggling officers' needs.

The union says they'd effectively get a 0.6 percent bump, with nothing for managers.

Police Association President Steve Watt says the impacted officers have found this offer 'tough' to accept, given the demands of the job. 

"We've asked for five percent, we understand that CPI is still to come out, but we understand that the CPI figure is going to be around that four to five percent. And the reality is, for our members, anything under CPI is essentially a pay cut." 

LISTEN ABOVE

The Police Association says a new pay offer doesn't meet struggling officers' needs.
The union says they'd effectively get a 0.6 percent bump, with nothing for managers.
Police Association President Steve Watt says the impacted officers have found this offer 'tough' to accept, given the demands of the job.&nbsp;
"We've asked for five percent, we understand that CPI is still to come out, but we understand that the CPI figure is going to be around that four to five percent. And the reality is, for our members, anything under CPI is essentially a pay cut."&nbsp;
LISTEN ABOVE

Steve Watt: Police Association President on the new pay bump being promised to officers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9483d8ac-96dc-4e09-99fc-b44800508915/transcript

John Tookey: AUT Construction Management professor on Auckland-based Scarbro Construction entering liquidation

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