Focus: Fletcher announces $660m loss

13 Feb, 2018 08:05 PM

NZX-listed giant Fletcher Building has just announced $660 million total losses from its Buildings and Interiors division, the resignation of chairman Sir Ralph Norris and told shareholders they will get no dividends.

Russia's Ukraine Incursion, Wellington Water Scandal and Cyclone Alfred | NZ Herald News Update

Russia's Ukraine Incursion, Wellington Water Scandal and Cyclone Alfred | NZ Herald News Update

Russia increases its Ukraine offensive, Wellington Water faces scrutiny, and Cyclone Alfred triggers insurance chaos in Australia.

Markets with Madison: State of KiwiSaver

Business|markets with madison

Markets with Madison: State of KiwiSaver

KiwiSaver funds have returned between 4-10% on average over 10 years. What investment opportunities are funds eyeing next, and should we expect fees to fall or rise as a result?

Your 2025 Z Manu World Champions are crowned!

Your 2025 Z Manu World Champions are crowned!

Reporter Eden is at the Z Manu World Champs, where New Zealand’s best manu superstars are battling it out in the Grand Finals. Who will take the top prizes this year?

NZ Athletics 1500m final - Dead heat

NZ Athletics 1500m final - Dead heat

A rare dead heat in the 1500 metres at the national athletics championships in Dunedin between Sam Tanner, 24, and Sam Ruthe, 15. Video / AthleticsNZ

Missile launch a fort for NZ Defence Force

Missile launch a fort for NZ Defence Force

A Penguin missile was fired for he first time from a Seasprite helicopter recently in a world first for New Zealand. Video / NZ Defence Force

Two vehicle crash leaves people in critical condition

Two vehicle crash leaves people in critical condition

Police responded to a two-vehicle crash on Junction Road near the intersection with Waiwakaiho Road West, Burgess Park. Video / Supplied

Deaths, injuries in wake of ex-tropical cyclone Alfred | NZ Herald News Update

Deaths, injuries in wake of ex-tropical cyclone Alfred | NZ Herald News Update

Deaths, injuries in wake of ex-tropical cyclone Alfred. Fatal crash in Dairy Flat. Destiny Church disrupt another Pride event. Video / NZ Herald

Fairway Redemption

Fairway Redemption

NZ Open champion Ryan Peake has gone from being a banged-up gang member to a man with the golf world at his feet.

Pā Reo - Episode 2

Pā Reo - Episode 2

Pā Reo at Te Wānanga o Raukawa embraces the Living Building Challenge, blending , tino rangatiratanga and a deep commitment to a sustainable future. Video / Faultline Films

Damage shown as Ex-Cyclone Alfred hits the Gold Coast

Damage shown as Ex-Cyclone Alfred hits the Gold Coast

Damage is shown in this video as Ex-Cyclone Alfred hits the Gold Coast this weekend. Video / Lulu Wood

Ex-cyclone Alfred touches down in Australia as Labour makes Kiwis promises | NZ Herald News Update

Ex-cyclone Alfred touches down in Australia as Labour makes Kiwis promises | NZ Herald News Update

Ex-cyclone Alfred touches down in Australia, being downgraded. Chris Hipkins delivered his State Of The Nation address yesterday. Video / NZ Herald

Gattung gets real

Gattung gets real

Dame Theresa Gattung on the highs and lows of a life lived at the top. Video / Michael Craig

'Being from Upper Hutt gives you that badge'

'Being from Upper Hutt gives you that badge'

Upper Hutt resident Rachael Ayling is amped for the city's Bogan Day Out festival. Video / Mark Mitchell

How preparing for the worst led to joy

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How preparing for the worst led to joy

Glenda saw the future, made a plan – and found her best life.

Inside rugby's Head Injury Assessment test

Inside rugby's Head Injury Assessment test

NZ Herald rugby writer Liam Napier undergoes, and fails, rugby's head knock assessment test. Video / NZHerald

Helen Clark on State of the Nation

Helen Clark on State of the Nation

Helen Clark speaks to media after Chris Hipkins' State of the Nation speech. Video / Dean Purcell

Helen Clark on New Zealand's position on the war in Ukraine

Helen Clark on New Zealand's position on the war in Ukraine

Helen Clark front's media on New Zealand's position globally on the war in Ukraine. Video / Dean Purcell

Australia braces for Cyclone Alfred

Australia braces for Cyclone Alfred

Cyclone Alfred is expected to hit early Saturday morning with 4 million people affected between southeast Queensland and upper New South Wales. Video / NZ Herald / AFP

NZ Herald Live: Chris Hipkins speaks to Auckland Business Chamber

New Zealand|politics

NZ Herald Live: Chris Hipkins speaks to Auckland Business Chamber

Chris Hipkins speaks to the Auckland Business Chamber

Winston Peters sacks Phil Goff and Air NZ CEO resigns | NZ Herald News Update

Winston Peters sacks Phil Goff and Air NZ CEO resigns | NZ Herald News Update

Winston Peters answers questions about whether he informed the Prime Minister of Phil Goff's sacking and Air New Zealand CEO Greg Foran resigns. Video / NZ Herald

Markets with Madison: Cyber threats

Business|markets with madison

Markets with Madison: Cyber threats

Cybersecurity is a booming industry with attacks from private and state-sponsored hackers utilising AI. What are companies and governments doing to protect our information?

Auckland driver almost rammed during Manukau road rage incident

Auckland driver almost rammed during Manukau road rage incident

An aggressive ute almost rammed Auckland driver off the road during a heated incident in Manukau city centre.

Auckland family pleads for compassion amid deportation crisis

Auckland family pleads for compassion amid deportation crisis

Tina Veaila faces deportation with her New Zealand-born sons after her husband was deported to Tonga. Video / Alyse Wright / Ben Dickens

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Glenmorangie BD Brand Story - live Thurs 13th March

Glenmorangie BD Brand Story - live Thurs 13th March

Winston Peters speaks to media after sacking Phil Goff

Winston Peters speaks to media after sacking Phil Goff

Foreign Affairs Minister Winston Peters speaking to media after sacking Phil Goff. Video / Mark Mitchell

Phone recording between Auckland businessman Carel Vijoen and a Westpac bank employee

Phone recording between Auckland businessman Carel Vijoen and a Westpac bank employee

Phone recording between Auckland businessman Carel Vijoen and a Westpac bank employee discussing suspicious transactions in and out of his account.

U.S. Pulls Aid to Ukraine, Auckland Fire Update, Nursing Training Boost | NZ Herald News Update

U.S. Pulls Aid to Ukraine, Auckland Fire Update, Nursing Training Boost | NZ Herald News Update

The U.S. steps back on Ukraine intelligence aid, Auckland fire continues, and nursing training sees a boost.

Company tackles e-waste mountain

Business|companies

Company tackles e-waste mountain

Greenbox's Wayne Angus tells us how the company will confront a huge computer dumping problem. Video / Sylvie Whinray

Inside the Rovers: Match Fit

Inside the Rovers: Match Fit

Hard work has begun on the training pitch ahead of big football season ahead for Napier City Rovers.

Ice hockey - the new rugby?

Ice hockey - the new rugby?

New Zealand is the best at rugby, is ice hockey domination next? Reporter Jack is hitting the rink to find out why Kiwi kids are flocking to Canada’s national sport.

The Pure Food Co's Sam Bridgewater on the company's new Australian deal

The Pure Food Co's Sam Bridgewater on the company's new Australian deal

The Pure Food Co's Sam Bridgewater talks about the company's new deal with Regis Aged Care in Australia, and how the business has found success. Video / Dean Purcell

Institute of Architects' gold medal awarded to two Wellington architects

Business|companies

Institute of Architects' gold medal awarded to two Wellington architects

Hugh Tennent and Ewan Brown of Tennent Brown Architects take the top NZIA honour for 2024, announced in March 2025. Video / Te Kāhui Whaihanga New Zealand Institute of Architects

Black smoke from industrial fire spews across Auckland

Black smoke from industrial fire spews across Auckland

Black smoke was seen belching across the Auckland sky from a fire in an industrial area. Video / Dean Purcell

Trump says tariffs to bring 'a little disturbance'

Trump says tariffs to bring 'a little disturbance'

The United States economy is set to see some "disturbance" from tariffs, President Donald Trump says, but he touts levies as a tool that would help domestic industries boom.

Belle – A Performance of Air

Belle – A Performance of Air

Dance, acrobatics, lighting and sound collide in a breathtaking performance for the senses. Video / Alex Burton

NZ Herald Live: Reserve Bank Board Chair fronts media following Adrian Orr’s resignation

NZ Herald Live: Reserve Bank Board Chair fronts media following Adrian Orr’s resignation

Reserve Bank Board Chair Neil Quigley will front a brief media stand up at the Reserve Bank Museum

Rolled concrete mixer on Christchurch's SH76

Rolled concrete mixer on Christchurch's SH76

One person has been seriously injured after a concrete truck crashed on Christchurch's SH76.

Erica Stanford explains why she hasn't yet met with David Seymour

Erica Stanford explains why she hasn't yet met with David Seymour

Education Minister Erica Stanford explains why she hasn't yet met with David Seymour. Video / Mark Mitchell

Nicola Willis fronts the media following the resignation Adrian Orr

Nicola Willis fronts the media following the resignation Adrian Orr

Finance Minister Nicola Willis fronting the media at Parliament following the resignation of RBNZ Governor Adrian Orr. Video / Mark Mitchell

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