
$1.85m deal for Carter's timber cartel
Carter Holt Harvey has agreed with the Commerce Commission that it should pay a $1.85m penalty for its part in a timber price fixing cartel with a division of Fletcher Building.
Carter Holt Harvey has agreed with the Commerce Commission that it should pay a $1.85m penalty for its part in a timber price fixing cartel with a division of Fletcher Building.
Many businesses think the raising of the official cash rate by the Reserve Bank was precipitate.
The long-vacant ex-Auckland Star site between Fort St and Shortland St could soon get a carpark.
Fletcher Residential has approval to create 479 housing lots or sections in seven stages on the Manukau Golf Course.
NZ's largest construction company will bring some of the world's biggest builders here for the $4 billion-plus new public private partnership contracts it wants to win.
The construction of the motorway interchange at the northern end of Auckland's new Waterview connection has moved a step closer to completion.
Building activity slowed in the final three months of 2013 as non-residential work dropped for a second quarter.
A house construction rebound here and in Australia, the earthquake rebuild and cost-cutting will boost operating earnings Fletcher Building's interim result.
A leading recruitment boss has identified construction workers as most likely to receive a pay rise from their boss 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.
A lawyer who grossly overcharged his former golfing buddy has been struck off the Law Society's register, and ordered to repay almost $500,000 in overcharged fees.
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.
Plans for New Zealand's tallest skyscraper, to rise in the heart of Auckland, have been unveiled today.
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.
Community leader says that scale of Three Kings development will leave locals 'aghast'.
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.
The new house up the road was ready to move into and the beginnings of a front lawn were visible over a rickety picket fence less than waist-high.
Balmoral residents and their local MP Phil Goff are angry about plans for a large expansion of The Warehouse.
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.
May 12, 2013, marked the fifth anniversary of the Wenchuan earthquake in the Sichuan Province of China.
Tower cranes have once again begun to bristle on Auckland's skyline as the construction sector hits better times.