Staff "devastated and the damage is extensive".

'I’ll be hoping in a year’s time, we’ll be back to 5000 employees again,' says CEO.

Anne Gibson analyses latest house price data, mortgage rates and Fletcher downgrade.

At least four big challenges drive company to announce layoffs.

NZICC to be classified as a significant item in company’s half-year result.

Of the 23 units, 10 per cent deposits have been paid on 19 places.

'The corner of our property went. We saw it go and heard it. It’s just a big thud.'

A Government survey has found few landlords are passing on costs, despite tax changes.

Even the Government money wasn’t enough to keep it going so the owner called it quits.

"It was like a wild animal. You know you don’t know what you are looking at?"

"This boom was happening before the pandemic."

"Probably looks worse than it is. We’re certainly a lot better off than other people."

Wilkinson wants to concentrate almost solely on retirement village assets.

'Completing this work could take a protracted period of time' - economist.

'We are delighted with how the construction is progressing.'

Patience and determined negotiating put him on the property ladder.