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
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
PremiumPremiumMarkets with MadisonInside story: How Infratil became a $10b giant in 30 yearsFrom Z Energy to data centres: Infratil's 18.7 per cent annual return journey.16 Aug 05:00 PM
PremiumPremiumBanking and financeCitadel and DE Shaw slashed Nvidia holdings ahead of market routFinancial Times: Sharp divisions among managers over the outlook for chip-making giant.15 Aug 07:24 PM
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
ConstructionTakeover offer for NZX listed Vital by Herbert's Empire Capital TrustOffer is 34% above the last trading price, Empire's statement said.14 Aug 12:22 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
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
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
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
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
PremiumPremiumInvestmentStock Takes: Which KiwiSaver funds were hit hardest by this week’s market volatility?And why this earnings season could be largely irrelevant to the sharemarket's performance.08 Aug 05:00 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
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
ConstructionFletcher's Iplex: leaky pipe class action launched in AustraliaAround 30,000 homes in Perth are thought to be involved.06 Aug 05:50 AM
PremiumPremiumBanking and finance'Rent will continue' - Du Val to worried apartment landlordAround 500 people live in the high-rise.06 Aug 12:00 AM
PremiumPremiumBanking and finance'What I learned': Why Ben Wilson converted offices to apartmentsSeveral CBD office buildings in Auckland have been converted into apartments, hotels.05 Aug 05:00 PM
PremiumPremiumAirlinesDu Val Group in receivership: Why the FMA and police swooped, and what next?One increasingly worried subcontractor complained of being owed around $500,000.02 Aug 04:30 AM
Banking and financeAuckland property developer placed into interim receivership, police at propertyAround 120 investors put money into Du Val entities.02 Aug 02:13 AM
Construction$458m sale of Auckland’s Vero tower ditched: Year’s biggest property deal offSkyscraper deal gets flushed after Hong Kong suitors don't progress.01 Aug 09:49 PM
ConstructionFive-day SkyCity casino closure dates outFive days in a row and weekdays were always anticipated. No weekend shutdown.01 Aug 08:58 PM
PremiumPremiumAged careRyman reviewing new residents' fixed weekly fees: 'Quite a financial drag''The fixed fee has hurt us. No one expected rates to go up 15% per annum."01 Aug 04:53 AM
PremiumPremiumConstruction'The idea was to design an artificial sky' - architect Gordon Moller on new SkyCity hotelNew hotel opens today, offering 303 rooms and with an initial 65 staff.31 Jul 05:00 PM
PremiumPremiumConstructionHeart disease killed Queenstown hotel developer Kevin CarlinPolice confirmed there were no suspicious circumstances. No official inquiry is necessary.31 Jul 02:21 AM