
$227m loss: Fletcher delivers disappointing result
Losses from Higgins, intense competition, poor trading conditions feature in huge loss.
Losses from Higgins, intense competition, poor trading conditions feature in huge loss.
A$10m of the deal has been deferred and might not be paid till 2026, company says.
Around 30,000 homes in Perth are thought to be involved.
New hotel opens today, offering 303 rooms and with an initial 65 staff.
The two waterproofing businesses have denied any liability for the October, 2019 blaze.
Cement supplies might be needed from other domestic and offshore businesses.
Locals were commissioned to make art within the new hotel to showcase this country.
One company is offering eligible buyers money for deposits so they can afford a house.
Fletcher Building is missing key leaders.
'Risks will remain until the project is completed,' Fletcher said of unfinished NZICC.
The amount is far worse than the approximately $5m initially thought to be owed.
BNZ, Fletchers, Carters, Steel & Tube, plumbers and roofers are among those owed money.
'Negotiations over the Perth pipe problems are confidential and have not yet concluded.'
Full cost to put new pipes into a Perth place has been estimated at A$80,000 per home.
Golden Bay has replaced more than half of its coal but wants to do more.
The scale of financial trouble the builder contracted by Kāinga Ora is in is revealed.
Most businesses built fewer homes, yet modular builder HouseMe's completions skyrocketed.
The former Port of Tauranga boss is seen as a desirable candidate.
Lease is for 48 years, land is classified as sensitive, across the road from beach.
One project was the bane of his career.
A 12-point list of the many builder failures lately.
In the second of his new mid-week columns, Liam Dann answers reader questions.
How to keep tradies on your site? Could a pie-dispensing machine help retain them?
Big new commercial hub and logistics centre is planned.
Fletcher Building's shares rallied in a soft market.
More than 300 NZ retirement villages and 71 operators ranked according to best practice.
The NZ market eked out a slight gain despite a surge among international markets.
The hunt for a permanent CEO continues, but interim boss appointed.
From apartment hell to apartment opening: The Ridge and The Greenhouse span the spectrum.
Moody's might downgrade after big net loss and more cost blowouts.