PremiumPremiumConstructionDu Val Group: Andrew Bayly quizzed over statutory managementComplexity and scale meant immediate government intervention was required - Bayly.22 Aug 04:00 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
Banking and financeGovernment steps in: Du Val Group placed in statutory managementAndrew Bayly and the FMA issued statements about why this happened and what's next.21 Aug 07:14 AM
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
PremiumPremiumBanking and financeWhen will we know more about Du Val's interim receivership?Report went in last Friday, PwC says. Nothing has been released in public yet.20 Aug 04:38 AM
ConstructionAndrew Reding appointed Fletcher Building chief executiveHe has held roles at Graeme Hart's Rank Group in the US.19 Aug 08:48 PM
PremiumPremiumConstructionEmpire gets largest Vital shareholder to back 50.01% takeover offerVital is due to deliver its full-year result next Tuesday.19 Aug 07:41 PM
PremiumPremiumConstructionDeath, rocks, doubters, tunnellers and Dublin: CRL's Sean Sweeney'Would have preferred to stay in New Zealand. I love New Zealand. I’m a passionate Kiwi.'19 Aug 05:00 PM
New ZealandAuckland floods: Council offers buyout to homeowner $180k under CVCouple describe offer as 'bewildering' but council insists process is fair.16 Aug 05:00 PM
PremiumPremiumLifestyleWould you sink $7500 a day into a superyacht? Developer rents out boat after taking it off the marketMatthew Horncastle has changed up his lifestyle during the property downturn.15 Aug 11:00 PM
New ZealandLeaky school's rebuild delayed; now deemed earthquake-proneTaihape Area School's rebuild is now scheduled for 2025.15 Aug 01:04 AM
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
PremiumPremiumBanking and financeAfter 23 years in Las Vegas, Jason Walbridge returns as new SkyCity chief executiveProud Kiwi and gaming specialist who served five years in the New Zealand Army.14 Aug 05:00 PM
PremiumPremiumNew Zealand'It’s absolutely absurd': Review of 'prohibitive' insulation rules welcomedNorthlanders welcome a Government review of building codes making houses unaffordable.14 Aug 05:00 PM
PremiumPremiumConstructionFranklins Bathrooms Liquidation: Westpac among creditors owed $31.2mCreditors now face a potential shortfall in the tens of millions.13 Aug 05:45 AM
PremiumPremiumConstructionGraeme Hart’s Carter Holt Harvey Equities liquidated in group overhaulThe liquidation is being carried out as part of the rationalisation of the group.'12 Aug 09:29 PM
PremiumPremiumBanking and financeWill the Du Val founders' reality TV show ever hit our screens?Du Val show might air overseas initially, producer says.12 Aug 08:14 PM
EditorialEditorial: Houdini couldn't make that many families disappear from the emergency housing listOPINION: The Govt says there are 32% less households living in motels.12 Aug 05:05 PM
PremiumPremiumConstruction'Surprise, intrigue' at three-home building which appears as oneCould this be a new prototype for terraced housing on medium-density Auckland sites?12 Aug 05:00 PM
PremiumPremiumConstructionProperty Insider: Fletcher Construction ‘restructures’ teams, Williams Corporation boss on investor returns'Investors with us for years, they get paid quarterly. We’ve never missed a payment.'12 Aug 05:00 PM
PremiumPremiumAged careRetirement giant wins fast-track consent for 13-level block at $500m villageBuilding to rise in Parnell after a joint venture between developer and charitable entity.12 Aug 02:17 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
New Zealand'Super lonely‘: Woman has no neighbours as housing development reviewedKāinga Ora bulldozed everything around her, but isn't returning 'to put housing back up'.11 Aug 09:07 PM
KahuMāori housing advocacy group want to know MSD's strategyTe Matapihi says it fears for vulnerable communities.11 Aug 06:59 PM
PremiumPremiumNew Zealand'Defects and misrepresentation': Six key issues with remote building inspectionsThe Government wants councils to use remote inspections as the default approach.11 Aug 05:00 PM
New ZealandPlans unveiled for new park on wasteland at Auckland’s Wynyard QuarterThe park has been allocated $119 million.11 Aug 12:58 AM
New ZealandKids 'painted on damaged asbestos panels' at unnamed schoolDocuments reveal ‘widespread non-compliance’ over asbestos in schools.08 Aug 08:19 PM
PremiumPremiumConstruction$300m Auckland skyscraper: Construction work 'paused' indefinitelyAuckland Council is 'aware that work is currently paused on the Seascape development'.08 Aug 07:47 PM
ConstructionFoodstuffs North Island fined $3.25m for anti-competitive land covenantsFoodstuffs fined for efforts to hinder rivals from opening or expanding.08 Aug 01:54 AM
PremiumPremiumBanking and financeOwners of Du Val-managed Lakewood Plaza units pay millions after water mains burst'Millions of dollars in repairs, ridiculously expensive': owner paying $30,000.07 Aug 09:17 PM
New ZealandGisborne CBD eyesores: Mayor seeks new rules for building upkeepGisborne's mayor urges Govt for stronger laws to tackle derelict buildings in CBDs.07 Aug 05:00 PM
PremiumPremiumBanking and financeDu Val investor worried after interim receivership'It’s been nearly two years since I’ve been paid anything.' - Du Val investor06 Aug 09:17 PM
New ZealandMen's Shed Whanganui launches bold plan'It’s not only for us old fellas - it's for the new ones coming on.'06 Aug 05:00 PM