Latest from Australia Business

Trading halt for Fletcher Building, $700m capital raise announced

Troubled business listed here and in Australia plans to tap investors for huge sum.

How Hawkins won giant $800m new Auckland Airport terminal contract

Downer-owned builder wins huge job, the largest private infrastructure job of its type.

First Kmart, now $235m new funds for Mark Gunton's Westgate

Consortium money will allow the further expansion of Auckland's Westgate.

Westgate's traffic 'disaster': Owner to square off with council in court

Mark Gunton plans robust appeal to traffic decision.

Explained: Why would Kmart expand in this tough retail environment?

Boss from across the Tasman explains the reasoning behind Kmart's expansion here.

Colossal new Kmart for Auckland: Biggest NZ store planned

Vast new discounter to be built on greenfields site opposite Westgate Lifestyle Centre.

Property Insider: 'Terrific time to look at NZ' for $1.6b investor

Big investor says New Zealand has compelling opportunities.

Retail crime in NZ hinders Michael Hill result

Michael Hill has posted a disappointing result after tough year of local retail crime.

Pink filled hotels - now Eden Park wants to double concert events

'Having a performer of this calibre play at Eden Park was a huge win for Auckland.'

Sold for A$170m: Fletcher's Australian plumbing business Tradelink

A$10m of the deal has been deferred and might not be paid till 2026, company says.

Fletcher's Iplex: leaky pipe class action launched in Australia

Around 30,000 homes in Perth are thought to be involved.

Ryman reviewing new residents' fixed weekly fees: 'Quite a financial drag'

'The fixed fee has hurt us. No one expected rates to go up 15% per annum."

First liquidator's report out on Actura NZ: debts of $3.6m listed

Director blamed the pandemic as well as a failure to secure urgent funding to keep going.

'No card, no play': SkyCity to bring new cards to NZ, Adelaide next year

Casino cards are on the way - but how might they work to stop problem gamblers?

Property Insider: New SkyCity CEO starts; NZ’s highest outdoor office garden

Michael Ahearne has gone. Now ex-army officer Jason Walbridge has returned from Las Vegas.

Why giant American investor wants to take over Arvida Group for $2b

Sector penalised by rapid increases in interest rates in the past 12 to 18 months - Solly.