As Wellington Airport's $58 million airport terminal extension rises out of the ground, more than 15,000 passengers continue to fly in and out each day.

Part of troubled housing development empire Tribeca Homes has been placed into liquidation by creditors.

Auckland's rapidly expanding economy has prompted the city's biggest private developer to announce $220 million of new work.

Donghua Liu demolished a stone wall and cut down trees allegedly without permission on land where he plans to build an ambitious housing project in Auckland.

New Zealand shares rose yesterday, paced by Fletcher Building, as investors were drawn to firms that have under-performed the benchmark index.

New Zealand's biggest private property developer, Mansons TCLM, is planning three big new Auckland office blocks worth $220 million.

Auckland building contractor Valiant Homes has collapsed with creditors chasing almost $5 million from it.

Construction of Ponsonby's new $220 million Vinegar Lane and Cider Building projects is well under way.

Carter Holt Harvey's cladding sheets and systems used in 880 school buildings were "inherently defective", the Court of Appeal has heard.

Building activity has reached its strongest growth rate in almost 15 years and is up sharply in the latest quarter, but critics say it is still not helping relieve Auckland's housing crisis.

It has been a big week for the sharemarket as the reporting season continues and stocks make big price moves.

New Zealand shares rose yesterday, paced by Chorus as its first-half earnings met with market expectations. Xero rose to a four-month high as a seller exited the stock.

Fletcher Building spent $57 million on land in the latest half year, well up on the $28 million it spent in the last full year.

New Zealand's biggest off-site housing manufacturer received a $287,500 Government grant before Prime Minister John Key opened its Kumeu factory.

Bad business purchases here and in Australia hit Fletcher Building's bottom line result yesterday, leaving some shareholders keen to sell.

A Supreme Court ruling that clears up a contentious area of insolvency law could put a hand brake on liquidators trying to claw back funds.

The Supreme Court has today unanimously reversed an earlier ruling on liquidators' abilities to claw back money, which subcontractors and tradespeople had rallied against.

An industry chief has welcomed the new Matrix house-building factory in Trentham.

Northcote MP Jonathan Coleman won't say whether he supports the SkyPath proposed for beneath the Auckland Harbour Bridge but he is in favour of people using the bridge.

John Key says the SkyCity convention centre plan grew in both size and "flashness" until public backlash persuaded the Government not to spend any more money on it.

Rising New Zealand commercial and house-building could buoy this week's Fletcher Building result as analysts highlighted domestic activity as a big profit driver.

Arch Hill residents have won concessions from big-box retailer Bunnings in an attempt to minimise the effects of the controversial new store on their Auckland neighbourhood.

Neighbours have failed to stop Ryman Healthcare getting consent for a $100 million-plus village between Greenlane and One Tree Hill.

Scaffolding has been taken down before work is completed on what was promoted as Auckland's newest five-star luxury hotel.

New Zealand's first factory turning out finished houses has opened in Wellington, aiming to produce up to 500 places annually.