Fletcher Building chairman Ralph Waters paid tribute today to the company's outgoing chief executive, Jonathan Ling.

New Zealand's house building activity shrank in the first three months of the year as most new work was largely in non-residential construction.

New Zealand business confidence fell for the first time in seven months, according to the National Bank Business Outlook.

The pace of residential building issuance slowed last month, even as demand increased for new housing in Auckland.

CERA Lead Engineer Carl Devereaux gives a bit of background on the second-tallest building demolition in Christchurch, following the effects of the 2010 earthquake.