Latest from Construction

SkyCity makes $143.3m reported net loss

Soft economy, cost-of-living pressures here and in Australia and regulatory issues cited.

Government steps in: Du Val Group placed in statutory management

Andrew Bayly and the FMA issued statements about why this happened and what's next.

Fletcher Building gives warning on 2025 'challenging' year

'We expect it will take time to see the flow-through to consenting and actual work.'

$227m loss: Fletcher delivers disappointing result

Losses from Higgins, intense competition, poor trading conditions feature in huge loss.

When will we know more about Du Val's interim receivership?

Report went in last Friday, PwC says. Nothing has been released in public yet.

Andrew Reding appointed Fletcher Building chief executive

He has held roles at Graeme Hart's Rank Group in the US.

Empire gets largest Vital shareholder to back 50.01% takeover offer

Vital is due to deliver its full-year result next Tuesday.

Death, 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.'

Pink 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.'

Sold for A$170m: Fletcher's Australian plumbing business Tradelink

A$10m of the deal has been deferred and might not be paid till 2026, company says.

Kids 'painted on damaged asbestos panels' at unnamed school

Documents reveal ‘widespread non-compliance’ over asbestos in schools.

$300m Auckland skyscraper: Construction work 'paused' indefinitely

Auckland Council is 'aware that work is currently paused on the Seascape development'.

Fifty years of fixing Whanganui’s roads

There was 'a lot of shovelling' in the early days for Robbie Atkinson.

Foodstuffs North Island fined $3.25m for anti-competitive land covenants

Foodstuffs fined for efforts to hinder rivals from opening or expanding.

Owners of Du Val-managed Lakewood Plaza units pay millions after water mains burst

'Millions of dollars in repairs, ridiculously expensive': owner paying $30,000.

Du Val investor worried after interim receivership

'It’s been nearly two years since I’ve been paid anything.' - Du Val investor

Fletcher's Iplex: leaky pipe class action launched in Australia

Around 30,000 homes in Perth are thought to be involved.

Granny flats proposal will not address housing market failures, council says

Removing or reducing consent requirements would have minimal impact on costs.