Fletcher negotiates easier bank covenants but says it doesn't need them yet
Fletcher has agreed not to pay a dividend until it returns to normal covenants.
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Latest from Building & Construction
Auckland Home Show go-ahead a ray of hope for economy
The Auckland Home Show will be the first major post-Covid-lockdown retail event in 2020.
NZ firms 'fuming' as $371m KiwiRail contract goes overseas
Fletchers and Downer have reportedly lost the contract to Chinese and South African firms.
$35m bill to fix apartment block
A court case is under way against the Auckland Council to recover $35m in repairs.
How pandemic hit house-building consents
2168 new homes consented in April, lowest for a month in nine years
Ngāti Whātua changes plans at first free-market housing subdivision
'A third room seems sensible as a flexible space' - Donnelly
How Covid-19 is reshaping urban lives
Harry de Quetteville asks: Will our cities ever be the same again?
'No price on paradise': Who's building on city's biggest waterfront site?
$15m new house, initially planned in 2016, now under way
270 Newmarket insurance staff moving to CBD next year
"You lose your culture if you have all your people working from home all the time."
Before and after the fire: First look inside SkyCity convention centre
How much progress is being made?
Property giant puts $500m development on hold
Mansons TCLM says now is not the right time to start construction.
Two American film studios eye south Auckland production sites
"You could possibly end up with more than one film studio at Drury" - Hughes
Goodman result: Revenue up, net profit down 18 per cent
The company's net profit is down from $319.5m to $261m.
Reserve Bank warning: $40b sector 'vulnerable'
Commercial property "could exacerbate downturn" - Reserve Bank
Funding for property development and subdivisions dries up
Developers will have to hold on until financiers feel more confident again.
Retirement giant Arvida sees profit slide 28%
Unit resales and sales stopped in lockdown, PPE expenses rose
DIYers rejoice - Government scraps costly building consents for small home projects
The move will save homeowners $18 million in consenting costs each year.
Reach for the sky: NZ's tallest apartment tower up, record price sought for penthouse
NZ's tallest apartment tower could set a second record - on price.
Why Ngāti Whātua Ōrākei put retirement village rebuild 'on hold'
NZ Strong started there in January - now all work has stopped
Editorial: Where to now for Fletcher Building?
Editorial: The Fletcher's story has been NZ's story, so it's woes are widely felt.
Hammer blow with 1500 jobs lost: Four reasons Fletcher so hard hit
Commercial Bay had 1800 workers, now reduced to just 800.
Fletcher won't continue wage subsidy, wants independence
Fletcher announced earlier today it would cut 1,500 jobs.
Fletcher to lay off 1500 staff, predicts 30 per cent drop in building consents
No details yet about which divisions the 1000 staff work in.
Budget 2020: $5b housing spend up questioned after Kiwibuild debacle
"Demand for social housing will increase" NZ Housing Foundation.
$1.6b trade training package: 'I've never seen anything like it'
Building and Construction ITO CEO says "I've never seen anything like this in my career".
Ryman's Australia plans progress in the face of activists
Activist claims have been disputed.
Bunnings commits to opening two big new outlets after signalling seven closures
Plans for new store announced early 2016 - opening July
Go NZ! Local app helps Kiwis return safely to work
"Learning how to manage entirely remotely is one challenge" - Simon Yock
Don't pick 'wood-first' favourites - Concrete NZ
Favouring one industry could cost jobs in others, the Government has been warned.
Fletcher fights Commercial Bay subbie in multi-million dollar lawsuit
The subcontractor disputes liquidated damages and other charges Fletcher tried to impose.
One of NZ's largest property projects in doubt
Precinct Properties defers $298m Queen Street project with 11-level waterfront hotel.
Auckland roofer abused elderly, vulnerable - even liquidator
Jailed roofer 'has caused real harm in the community'.
Million-dollar scam: Auckland roofing boss jailed for fraud
Sam Spence sentenced for actions with his Compass Roofing.