Latest from Construction

Fletcher Building slashes maximum CEO pay

Total maximum remuneration is now $2m lower that $5.8m.

Jury is out over whether homeowners will be left in the cold under building regime overhaul

Questions remain over who will pay for defective work.

'Active investigation': Asbestos concerns over fire doors at Auckland convention centre

Fletcher Building says it is working to figure out potential impacts on the project.

Construction cartel: Secret Auckland company admits bid corruption

The admission of guilt comes eight months after co-defendant MaxBuild was sentenced.

Amazon construction freeze: PM at tech giant's launch but massive Auckland site sits abandoned

Amazon announced it would spend $7.5 billion in 2021.

'Miscommunication' in update on 56-level Seascape apartment tower: Property Insider

As a new builder is set to sign the contract to complete, the developer clarifies facts.

Big revaluations spur Metlifecare to 25% net profit rise

Despite housing downturn, company sales remain strong: 332 new units, care suites built.

Plan for McDonald’s Newmarket drive-through sparks concern over nearby schools

A McDonald's spokesman dismisses a claim it targets sites near schools as 'spurious'.

'Community concern': Iwi collective planning 70 homes on pony club site

Marutūāhu wants to build on the land now used by the Meadowbank Pony Club for grazing.

'Actively looking to sell' – SkyCity CEO on dash for cash

Plans are advanced to sell two big assets as well as the capital raise: is $490m possible?

'Delayed economic recovery in NZ' – SkyCity CEO on 42% profit drop

$200m of asset sales also identified: Carparks in Auckland as well as 99 Albert St.

Three achievements for Fletcher Building: Andrew Reding

'It's a very patchy, volatile market' – Fletcher's Andrew Reding.

Fletcher Building makes $419m loss after 'one of the most demanding years'

Company sued waterproofers over NZICC but is being sued by SkyCity over the same building.

Construction sector loses 16,000 jobs in two years

New report says the sector employed 310,000 people in 2024 but that has fallen to 294,000.

Property Insider: Bird's eye-view of burned New World Victoria Park – first drone footage shows demolition starting

The massive job of demolishing large parts of building has begun; reopening not 'til '27.

Finish date forecast for NZ’s tallest apartment tower as structural integrity confirmed

Shundi Customs' general manager gives an update on the once-stalled apartment tower.