7 Dec 2022

Commerce Commission releases final report on building supplies

From Morning Report, 6:14 am on 7 December 2022

The Commerce Commission released its final report into the building supplies industry yesterday and announced an investigation into Fletcher Building's GIB rebate scheme, which competitors claimed was creating an unfair marketplace. 

Fletchers has a 94 per cent of the plasterboard market and was giving big discounts to companies which bought in bulk, effectively locking out competition. 

Fletchers announced it would drop the scheme shortly after the report came out. 

We asked a representative for Fletcher Building to come on the show, but they declined. 

Building Industry Federation spokesperson Julien Leys spoke to Corin Dann.