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AAP
AAP
Business
Luke Costin

Developer malaise means Woolies is behind more malls

Woolworths says it's taking a more active role in the construction sector to roll out more malls. (Joel Carrett/AAP PHOTOS)

Close to half of new shopping centres are being built by Australia's largest supermarket chain, as traditional developers try to sit out eye-watering construction costs.

Woolworths has told a supermarket inquiry the COVID period disrupted the construction market and led the supermarket giant to adopt a more active role, as it had in the wake of the 2008 global financial crisis.

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