Fletcher's CEO on dividend cut, $301m hit in full-year result
Hurdles lie ahead for construction company - but analysts are upbeat.
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Latest fromConstruction
$90m Remuera site: Fast-track approval sought for 185-unit retirement village
Developers using the Government’s fast-tracking method to win approval for huge scheme.
Fletcher Building full-year: Revenue, net profit hit by cost rises
NZICC, the housing market and disastrous weather have affected the big Kiwi company.
House market rebound fails to ignite
More competitive prices and a ‘get in now’ attitude' not enough to fire a recovery.
Strewth! SkyCity's $49m for prosecution of Adelaide business
Strweth! Penalty could vary wildly from estimates.
'Falling into disrepair': Demolition begins at Waiwera Thermal Resort
'An ongoing struggle to secure the site against vandalism, which degraded the property.'
Major new centre-track Ellerslie feature: 388-space car park
Existing car park land beside SH1 due to be sold in a deal yet to settle.
Business hub: First woman, first non-engineer becomes Beca boss
Amelia Linzey on her planned legacy, biggest project, and the one she's worked on longest.
Sunk: 'NZ's favourite fishing store' TopCatch owes $3m+
'The fish are cunning, be prepared,' the store says on social media.
New $30m-plus Mitre 10 Mega opens in Silverdale
Expect some good forwards and backs: staff recruitment drive at the local rugby club.
How will NZ get $210b of crucial new infrastructure funded, built?
National is a fan of PPPs and has big plans for new ones if it gets elected.
NZ's wealthiest school planning 191 rented apartments in Epsom
Dated motel and vacant site at 76 to 80 Great South Rd to be new residential community.
BlackRock says new $100m-plus stake notice 'administrative error'
Drama from Australia on the day would-be target issues annual result.
Fletcher Building to make $105m in cost provisions for NZICC
The company, which reports its result next week, is sticking with its guidance.
‘Pitiful’ lack of progress in $1 billion infrastructure fund
"It’s pitiful under-delivery. It makes KiwiBuild look successful."
Metlifecare wants to build new hospital block, residents remain in existing building
Feedback must be in by August 28 via written submissions.
Shareholder advocate suing Nido promoter, Maat directors over $41m investor losses
"An extraordinarily high loss for a New Zealand commercial property syndication."
NZ's newest city: When we will be able to move to Drury East?
The Drury East developers are thinking decades ahead for the project's future.
Bunnings consults on laying off 100 NZ staff from HQ
"Our team continues to grow as we actively recruit roles across our store network."
Inside billionaires' mega-makeover for $39.3m mansion
Faux British country/Camelot style gone as the changes bring more moody, minimalist flair.
Kiwi Property's Drury East site: First stage of works for a new city the size of Napier
You’ve got to have some imagination to think like Schwartfeger and Mackenzie.
Auckland house prices fell nearly $1000 a day from June to July
Sales numbers up, but prices falling back.
Fisher & Paykel Healthcare v Auckland Council on land plan
Strategy 'has significant implications for our plans for our growth in New Zealand'.
Lives of 50,000 retirement village residents could change in proposed shakeup
"We’re very pleased with this as a starting point as well as the tenor of the proposals."
Three reasons Epic Craft Beer failed
Brewer got $210,000 Covid cash for 14 staff - even that wasn't enough for it to survive.
Locals rally against waterfront golf club closing
Impact of the course closure a blow to 'hundreds of members'.
$100m sell-off: Kiwi richlister quits NZ for Australia
Ben Cook says he loves NZ, but time right for "business, family and lifestyle" reasons.
Where Auckland rents spiralled fastest: Average now $642/week
Steep rises in an area where many can’t afford to own homes, so are long-term tenants.
Ryman Healthcare shareholder returns ‘unsatisfactory’, AGM hears
'We recognise this and are working hard to recover your faith.' - Claire Higgins.
Shrinking office: The company dropping desk area from 70pc to 35pc
What a post-lockdown commercial fitout looks like: here's catering for new working styles.
Wayne Brown wants retreat: 600 council staff moving into new office regardless
Staff shifting from the Orewa, Henderson offices and those previously at Takapuna.
$31.5m pledged. Not a cent on the St James yet. Why?
Bielby had at times wondered if he wanted to carry on with the project.
What happens next at Whakapapa, Tūroa skifields: First liquidators' report out
Liquidators will keep trading through the 2023 winter ski season.
Worker taken to hospital after accident at retirement village site
Hundreds of new apartments and a hospital rising on the 2.6ha site fronting St Johns Rd.