Dairy giant plans to move into new 1.6ha international headquarters early next year.

More Fonterra job cuts have raised questions about whether the dairy giant will need all the space it has leased in new upmarket Auckland headquarters.

Construction firm chief does damage control after suggesting that builders who carried out shoddy repair work on quake damaged homes had "gone back to Ireland".

Fletcher boss Mark Adamson says the company is dealing with legacy issues - and this is the 'dark before the dawn.'

Fletcher Building chief is calling for 'realistic dialogue' over housing affordability, writes Graham Skellern.

Fletcher Building's June 2015 annual result out today showed revenue climbed 3 per cent but net earnings fell 20 per cent.

Profit fell to $270 million in the year ended June 30, from $339 million a year earlier, the company said.

Dual-listed giant Fletcher Building is tipped to push up annual operating earnings 4 per cent to $652 million when it declares its full-year result tomorrow.

Fletcher's application to have Auckland's Three Kings Quarry rezoned as residential begins this week.

New Zealand shares rose yesterday, paced by Genesis Energy, Contact Energy and Mighty River Power in a relief rally as Meridian Energy's instalment came due.

Construction is due to resume at the weekend on the giant Waterview motorway interchange project after the discovery of faulty concrete forced it to a halt a fortnight ago.

Fletcher Building subsidiary Fletcher Living has just won a huge Government contract to build 191 new Christchurch houses.

Weak, substandard concrete has been delivered to 70 sites from an Auckland plant, says Firth owner Fletcher Building.

Faulty concrete has now been discovered in The University of Auckland's $200m city campus science redevelopment and expansion.

Work on up to 35 residential and commercial projects will need to be redone after faulty concrete was supplied and used in building work.

The Canterbury rebuild's imminent conclusion and business sales will push New Zealand's biggest listed business to make operating earnings of between $650 million to $690 million - the lower end of....

NZ's biggest listed company has revealed how one of its businesses made faulty and weak concrete and sent it out to many building sites, including the Waterview project.

The Singaporean Government's sovereign wealth fund is expanding its New Zealand property holdings after taking a 49 per cent stake in 10 major properties for about $1.2 billion in the last year.

New Zealand shares fell, led by Fonterra Shareholders' Fund, after the world's biggest dairy exporter lowered its guidance for dividends

New Zealand shares rose yesterday, paced by Fletcher Building, as investors were drawn to firms that have under-performed the benchmark index.

New Zealand shares rose yesterday, paced by Chorus as its first-half earnings met with market expectations. Xero rose to a four-month high as a seller exited the stock.

Fletcher Building spent $57 million on land in the latest half year, well up on the $28 million it spent in the last full year.

Fletcher Building's new $77 million hi-tech Formica Group plant in China is running at close to half-capacity, two years after it opened.

Bad business purchases here and in Australia hit Fletcher Building's bottom line result yesterday, leaving some shareholders keen to sell.