
Brian Gaynor: Companies must lift earnings performance
The NZX will run out of steam unless companies, particularly the larger ones, can take advantage of the stronger economy, writes Brian Gaynor.
The NZX will run out of steam unless companies, particularly the larger ones, can take advantage of the stronger economy, writes Brian Gaynor.
The New Zealand Institute of Economic Research expects the economy to grow 3 per cent this year.
A strong New Zealand building recovery drove the country's biggest listed entity to push up half-year earnings 5 per cent and leave analysts expecting a strong second half.
BlueScope Steel, Australia's largest steelmaker and owner of the New Zealand Steel mill, has agreed to buy assets of Fletcher
Some Aucklanders say a new skyscraper in downtown Auckland is a blot on the landscape. Others think it's a landmark building that will revitalise the area. Anne Gibson reports
A retirement village developer spending $500 million in Auckland says building in the city is hard because Auckland Council is extremely slow to process consent applications.
Building consent for New Zealand's tallest new skyscraper could be granted next year if all goes to plan.
Money that Mainzeal Property & Construction owed to its staff, a trading bank and Inland Revenue has been largely repaid.
Change of venue for half-year figures reflects 'significant operations in Australia'.
New Zealand building consents for residential housing rose 7.6% in December, taking the annual level of new permits to a six-year high.
Ground work preparations are well under way on the new Fonterra headquarters site in the Viaduct Harbour area on the corner of Fanshawe St and Halsey St.
Banking boss Sir Ralph Norris is being tipped by insiders to become the new chairman of New Zealand's biggest listed company.
Construction workers are at Auckland University's Newmarket campus site, preparing former warehouses for the first students to move in from late July.
This column is about two companies at opposite ends of the NZX. The first is Fletcher Building. The other is Renaissance Corporation.
NZ shares rose to a two-month high, paced by Chorus, Kathmandu and Sky Network Television as the prospects of strong economic growth drew retail investors to the equity market.
A boost in new apartment consents led to an 11 per cent rise in the number of new dwellings consented in November 2013, according to Statistics NZ.
Legal action against Carter Holt Harvey for price fixing in the Auckland timber market is worrying industry heads, who believe revelations of the activity could tarnish the whole building trade.
Legal advice might be needed before the Building and Construction Minister can reveal a list of 14 potentially lethal buildings which owners are refusing to have assessed.
Balmoral residents and their local MP Phil Goff are angry about plans for a large expansion of The Warehouse.
Mark Adamson, the boss of Fletcher Building, has seen the share price double at New Zealand's biggest listed company.
Australia's economic growth isn't losing pace and might have even picked up a little as the non-mining sectors of the economy start to recover.
Tower cranes have once again begun to bristle on Auckland's skyline as the construction sector hits better times.