Carl Taylor: Combined Building Supplies CEO on the Government requiring mandatory warranties for new home builds and renos

Fears the Government's new construction requirements will unintentionally create a monopoly. The Government's announced mandatory warranties for new homes three storeys or less, and all renos worth at least $100,000.  Building and Construction Minister Chris Penk says it's intended to protect homeowners from cowboys.   Combined Building Supplies Chief Executive Carl Taylor told Mike Hosking there's been difficulty in the past to get insurers on board.  He says there is work to change this, because there is much need for more competition in this space.  LISTEN ABOVE  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.