This franchise agreements have now been terminated by the NZ master franchisee.
Economist Paul Dales says NZ could be looking at GDP growth easing to 2.3% this year and 2% the year after.
"Building construction activity is recovering strongly"
Economic forecaster BIS Shrapnel is predicting record high numbers of building consents.
However, it looks more like a plateau than a falling off, says Shamubeel Eaqub.
Confidence in investment has eased over the past six months, according to a survey by AECOM.
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