BusinessPipe dream gone bad: Fletcher Building's Iplex deal terms cementedTerms of the agreement announced as sealed today mirror those set on August 30.13 Nov 02:42 AM
PremiumPremiumBusinessMarket conditions 'challenging': Downer NZ pushes up revenue, profitDowner-owned Hawkins won the new $800m Auckland Airport contract, announced in September.03 Nov 10:51 PM
PremiumPremiumBusinessSkyCity AGM: Shareholder criticism for non-compliance, regulatory actions by authoritiesShareholder said company had been mismanaged and asked about accountability.31 Oct 01:21 AM
PremiumPremiumBanking and financeWhy Fletcher Building needs $700m in extra capital'Capital raise keeps the wolves from the door' - analyst Andrew Scott of Morgan Stanley.23 Sep 12:08 AM
Banking and financeTrading halt for Fletcher Building, $700m capital raise announcedTroubled business listed here and in Australia plans to tap investors for huge sum.22 Sep 08:53 PM
PremiumPremiumAirlinesHow Hawkins won giant $800m new Auckland Airport terminal contractDowner-owned builder wins huge job, the largest private infrastructure job of its type.17 Sep 12:00 AM
Banking and financeFirst Kmart, now $235m new funds for Mark Gunton's WestgateConsortium money will allow the further expansion of Auckland's Westgate.11 Sep 03:58 AM
PremiumPremiumConstructionWestgate's traffic 'disaster': Owner to square off with council in courtMark Gunton plans robust appeal to traffic decision.11 Sep 01:00 AM
PremiumPremiumConstructionExplained: Why would Kmart expand in this tough retail environment?Boss from across the Tasman explains the reasoning behind Kmart's expansion here.10 Sep 08:00 PM
Banking and financeColossal new Kmart for Auckland: Biggest NZ store plannedVast new discounter to be built on greenfields site opposite Westgate Lifestyle Centre.10 Sep 05:00 PM
PremiumPremiumBanking and financeProperty Insider: 'Terrific time to look at NZ' for $1.6b investorBig investor says New Zealand has compelling opportunities.09 Sep 05:00 PM
PremiumPremiumRetailRetail crime in NZ hinders Michael Hill resultMichael Hill has posted a disappointing result after tough year of local retail crime.01 Sep 09:34 PM
PremiumPremiumConstructionCasino doors shut next week: What happens to 700 SkyCity Auckland staff?Will staff be paid? Will they have to come to work still? Work shifts? What will they do?01 Sep 05:00 PM
AnalysisAnne GibsonExploding liability: Fletcher paying $168m for Perth pipe disasterIplex will pay 80%, Western Australian Government to pay 20% to help homeowner victims.30 Aug 02:05 AM
ConstructionFletcher Building poised for announcement on leaky pipesAfter complaints about pipes in Australia, company has been in mediation.29 Aug 09:00 PM
RetailChomping down bigtime: Fast-food giant expanding in NZNew outlets across the country contributed to the New Zealand arm performing strong.29 Aug 12:03 AM
PremiumPremiumConstructionSkyCity forecasts earnings for 2025, delivers loss for latest yearHorizon Hotel opened, NZ International Convention Centre due to open next year.22 Aug 04:08 AM
ConstructionSkyCity makes $143.3m reported net lossSoft economy, cost-of-living pressures here and in Australia and regulatory issues cited.21 Aug 08:53 PM
PremiumPremiumConstructionFletcher Building gives warning on 2025 'challenging' year'We expect it will take time to see the flow-through to consenting and actual work.'21 Aug 12:28 AM
Banking and finance$227m loss: Fletcher delivers disappointing resultLosses from Higgins, intense competition, poor trading conditions feature in huge loss.20 Aug 08:59 PM
ConstructionAndrew Reding appointed Fletcher Building chief executiveHe has held roles at Graeme Hart's Rank Group in the US.19 Aug 08:48 PM
PremiumPremiumConstructionPink 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.'15 Aug 12:27 AM
ConstructionSold for A$170m: Fletcher's Australian plumbing business TradelinkA$10m of the deal has been deferred and might not be paid till 2026, company says.11 Aug 09:09 PM
ConstructionFletcher's Iplex: leaky pipe class action launched in AustraliaAround 30,000 homes in Perth are thought to be involved.06 Aug 05:50 AM
PremiumPremiumAged careRyman 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."01 Aug 04:53 AM
PremiumPremiumBanking and financeFirst liquidator's report out on Actura NZ: debts of $3.6m listedDirector blamed the pandemic as well as a failure to secure urgent funding to keep going.24 Jul 04:15 AM
PremiumPremiumInvestment'No card, no play': SkyCity to bring new cards to NZ, Adelaide next yearCasino cards are on the way - but how might they work to stop problem gamblers?23 Jul 01:34 AM
PremiumPremiumConstructionProperty Insider: New SkyCity CEO starts; NZ’s highest outdoor office gardenMichael Ahearne has gone. Now ex-army officer Jason Walbridge has returned from Las Vegas.22 Jul 05:00 PM
PremiumPremiumAged careWhy giant American investor wants to take over Arvida Group for $2bSector penalised by rapid increases in interest rates in the past 12 to 18 months - Solly.22 Jul 12:13 AM
PremiumPremiumBanking and finance'Gutted': SkyCity chief on five-day shutdown'We failed with this customer and for that we are deeply sorry.'18 Jul 01:37 AM
InvestmentSkyCity casino to shut for five days, licence suspended temporarilyFailures spanned five years from February 2018 until March 2023.17 Jul 08:38 PM
PremiumPremiumBanking and financeProperty Insider: How to still get $10k off a new house; apartment prices cut by 25%One company is offering eligible buyers money for deposits so they can afford a house.15 Jul 11:00 PM
PremiumPremiumConstructionGiant new 1.7ha warehouse: Cotton On expands in NZOriginally opened here in 2006. Now has 1000-plus staff in around 100 stores in NZ.10 Jul 10:26 PM
PremiumPremiumConstructionNew house at Gibbs Farm sculpture park on NZ's Best Homes with Phil Spencer'Leveraging our innovative reputation in the pursuit of creating remarkable homes'.08 Jul 02:00 AM