ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Construction Professor warns diesel prices could cause industry crisis

Author
Newstalk ZB,
Publish Date
Fri, 17 Apr 2026, 7:04pm
Photo / Bloomberg
Photo / Bloomberg

Construction Professor warns diesel prices could cause industry crisis

Author
Newstalk ZB,
Publish Date
Fri, 17 Apr 2026, 7:04pm

A construction expert says customers could soon face price hikes of 25%.

Stats NZ data shows petrol prices rose almost 19% last month, while diesel prices were up almost 43%.

AUT Professor John Tookey says the industry heavily relies on oil for producing and transporting materials.

He says the destruction of oil wells and processing facilities in the Middle East could take years or decades to rebuild. 

Tookey says, if it continues, there will be major problems which could become the new normal.

LISTEN ABOVE

Take your Radio, Podcasts and Music with you