Aug 24, 2026 – 12.00pmThe chief executive of the country’s largest supplier of bathtubs, taps and shower screens says it’s too risky to make forecasts about the housing and renovations market beyond the end of the year because of uncertainty about the effects of falling house prices and government tax policies.But Reece chief executive Peter Wilson said sales across the company’s 678 outlets in Australia and New Zealand were still growing, in part as builders worried that products would become more expensive as cost increases from the conflict in the Middle East became increasingly difficult to avoid.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Reece warns house construction outlook is too uncertain as prices fall
The bathroom suppliers giant recorded a fall in profit over the year, largely because of weakness in the US. But its local operation shave their own troubles.
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