Ouch! Karaka land deal drew $10k/day penalty interest rate
To quickly get the $13m it needed to settle the deal, Mega went hunting for finance.
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Latest fromBuilding & Construction
Erebus memorial scrapped despite engineers’ recommendations
Plans were abandoned for safety concerns, engineers outlined a way to go ahead with it.
Updated Auckland waterfront stadium proposal set to be announced days after Eden Park 2.0 unveiling
Auckland Waterfront Consortium welcomes discussions of a new possible stadium.
Future of former central Top 10 holiday park revealed
The Rotorua Top 10 Holiday Park closed early last year.
Far North’s only indoor pool closes after part of roof falls off, hits staff member
Swimmers look forward to re-opening after training in chilly outdoor pools.
Wharenui build to use quake-resistant Māori method
The technique, mīmiro, will be used to rebuild a historic Bay of Plenty wharenui.
Sacked building boss claims he's owed $1.7m in bonuses
The general manager lost his job following a company restructuring process.
Breaking down concrete barriers: Visually impaired apprentice with autism excels
Todd Maitland shows why people from all backgrounds should consider a career in trades.
Environment Minister allows Auckland Council reprieve on Government intensification push after floods, cyclone
'Extension to enable staff to investigate flooding impacts and its implications': Parker
Police station opens, four years after original damaged in fire
Police say it is the second station to be solar-powered in New Zealand.
Joiner still loves his job after two decades
Craig Martin has celebrated 20 years of working at Kitchen Creators.
New hospital for Hawke's Bay? MP says it’s ‘time’; officials say it’s ‘some way off’
Hawke’s Bay is on the cusp of a $700m to $1b hospital upgrade, Anna Lorck says.
Landlord says $13.8m street upgrade 'highway for criminals'
The design and layout also helped criminals because signs and posts had been removed.
Watch: Inside Kiwi billionaire's new 2.7ha Chinese factory
'Factory a game-changer in growth'; US$200m in sales forecast this year.
'Too exposed': Michael Hill forced to close its most ram-raided store
The store was one of the first three to open, traded from that location for four decades.
Land of the long red tape: Is it time to loosen NZ’s building restrictions?
A prominent developer is bemoaning New Zealand's red tape.
Who wants $14.9m from biggest builder to fail this year?
Name anything you see happening on a building site and those supplying stuff are on list.
Could Fletcher's Perth leaky pipe problem cost more than A$15m?
Investors may have to mull "worst-case scenario" in leaky pipe issue.
Lifting the lid on Scarbro failure: Construction companies owe $14m
Biggest NZ builder to declare insolvency this year: McGrathNicol says who's owed what.
Fletcher Building in leaky pipe probe
Up to 1200 West Australia homes 'experienced leaks', probe underway by authority.
Apartment pioneer caught up in Scarbro liquidation - what's next?
Leuschke Group designed the complex with 112 residences, 12 apartments and seven shops.
Millions owed: Director has second modular building company collapse within months
Cabin and shed-maker collapse leaves almost $1m in debt to more than 70 creditors.
Sir Paul Adams, Ted Manson: Raised in state houses, billion-dollar sales success
What can we learn from them? What is their new direction these days?
Scarbro liquidator: Building sites being transferred back to customers
Information about the failure due out on Monday, explaining the fate of around 60 staff.
Northlander injured while preparing to go through the Panama Canal
Givealittle page set up for builder in ICU in a Panamanian hospital.
Record crane count reflects busy building sector
Queenstown had the biggest increase: crane numbers shot from eight last year to 15 now.
Defying the odds: How Madam Woo survived financial woes
'One of the few successful voluntary administrations that’s occurred in New Zealand.'
Fluoride failure to raining street lamps - when will Wellington officials learn?
OPINION: Faulty street lamps have come crashing to the ground, risking injury or death.
Business backing huge solar farm fails, creditors want $12.3m
Council said the venture supported its aspirations. Now, it is a creditor.
Wellington’s falling street lamps: 17,000 at risk of failure
Wellington City Council has revealed its findings from an urgent investigation.
The real lesson being learned by tradie apprentices amid 'rife' poaching
OPINION: It concerns me these future industry leaders could think such antics are okay.
Giant Sydney-HQ real estate chain coming here
Local manager says agency looking at up to 20 offices in New Zealand.