Building and construction
Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
1st Oct 24, 5:00am
13
Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
Forsyth Barr analysts say after its latest capital raising, Fletcher Building will have in the past decade raised $1.5b in capital and sold $1.8b in assets to fund $2.6b of 'significant items' and losses
24th Sep 24, 4:10pm
14
Forsyth Barr analysts say after its latest capital raising, Fletcher Building will have in the past decade raised $1.5b in capital and sold $1.8b in assets to fund $2.6b of 'significant items' and losses
Fletcher Building indicates that paying down its debt is in order to prevent a fire sale of assets
23rd Sep 24, 12:04pm
21
Fletcher Building indicates that paying down its debt is in order to prevent a fire sale of assets
Fletcher Building hires Jarden to look at options for its residential business as the group reports a $227 million loss for the June financial year
21st Aug 24, 10:37am
13
Fletcher Building hires Jarden to look at options for its residential business as the group reports a $227 million loss for the June financial year
The Minister for Building and Construction is concerned that building inspection capacity won't be able to meet industry demand when construction picks up again
9th Jul 24, 3:55pm
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The Minister for Building and Construction is concerned that building inspection capacity won't be able to meet industry demand when construction picks up again
Fletcher Building extends some of its loan terms and negotiates a higher debt ceiling - should this be necessary
4th Jun 24, 9:44am
2
Fletcher Building extends some of its loan terms and negotiates a higher debt ceiling - should this be necessary
Generation Rent author Shamubeel Eaqub on where renting's at in NZ, where it has come from and where it's heading
20th May 24, 12:40pm
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Generation Rent author Shamubeel Eaqub on where renting's at in NZ, where it has come from and where it's heading
After a Fletcher Building update with 'few redeeming features' analysts see a risk that the company's net debt 'moves up' in the first half of the next financial year
15th May 24, 10:01am
14
After a Fletcher Building update with 'few redeeming features' analysts see a risk that the company's net debt 'moves up' in the first half of the next financial year
Fletcher Building is warning that profits for the year to June could be as much as $140 million lower than it forecast less than three months ago
13th May 24, 10:08am
48
Fletcher Building is warning that profits for the year to June could be as much as $140 million lower than it forecast less than three months ago
Construction sector leads the way as monthly liquidations hit a nine year high, credit bureau Centrix says
30th Apr 24, 2:48pm
13
Construction sector leads the way as monthly liquidations hit a nine year high, credit bureau Centrix says
[updated]
Fletcher Building makes after-tax loss of $120 million for the half year and won't pay a dividend; puts Australian Tradelink subsidiary up for sale after a $122 million writedown; warns on potential 'material' impact of Australian leaky pipes problem
14th Feb 24, 8:52am
46
Fletcher Building makes after-tax loss of $120 million for the half year and won't pay a dividend; puts Australian Tradelink subsidiary up for sale after a $122 million writedown; warns on potential 'material' impact of Australian leaky pipes problem
Fletcher Building tells the ASX its chief executive Ross Taylor may be about to leave as the company contemplates issuing earnings guidance likely to 'materially vary' from current analysts' forecasts
13th Feb 24, 9:19am
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Fletcher Building tells the ASX its chief executive Ross Taylor may be about to leave as the company contemplates issuing earnings guidance likely to 'materially vary' from current analysts' forecasts
Forsyth Barr analysts say Fletcher Building has now made $420 million worth of provisions on the convention centre project in the past 12 months and the latest ones 'bring into question management controls and board oversight'
8th Feb 24, 9:13am
18
Forsyth Barr analysts say Fletcher Building has now made $420 million worth of provisions on the convention centre project in the past 12 months and the latest ones 'bring into question management controls and board oversight'
Construction giant Fletcher Building expects to sell about 650 dwelling units in the nearly-finished financial year to June - which compares with targets a year ago of over 1000
21st Jun 23, 11:34am
13
Construction giant Fletcher Building expects to sell about 650 dwelling units in the nearly-finished financial year to June - which compares with targets a year ago of over 1000
NZIER’s quarterly survey of business opinion shows RBNZ winning inflation battle and causing recession
4th Apr 23, 2:00pm
23
NZIER’s quarterly survey of business opinion shows RBNZ winning inflation battle and causing recession
[updated]
Auckland storm flooding could delay construction projects by months, keep construction inflation high
31st Jan 23, 12:15pm
46
Auckland storm flooding could delay construction projects by months, keep construction inflation high
Academic says building supplies market study isn't bold enough to bring real competition
7th Dec 22, 7:55am
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Academic says building supplies market study isn't bold enough to bring real competition
[updated]
Commerce Commission finds rebates paid to merchants to sell building supplies like GIB are hampering competition
6th Dec 22, 9:27am
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Commerce Commission finds rebates paid to merchants to sell building supplies like GIB are hampering competition
One floor, three consents and a plasterboard shortage: this developer is walking away
15th Oct 22, 9:54am
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One floor, three consents and a plasterboard shortage: this developer is walking away
Westpac economists say an 'abundant' supply of housing in Auckland would help to stem the 'exodus' from the city and bring demand and supply back towards balance
5th Sep 22, 11:45am
13
Westpac economists say an 'abundant' supply of housing in Auckland would help to stem the 'exodus' from the city and bring demand and supply back towards balance
'Broken' and 'plagued' by issues; why builders and plumbers think an app could help solve NZ's consenting conundrum
1st Sep 22, 10:21am
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'Broken' and 'plagued' by issues; why builders and plumbers think an app could help solve NZ's consenting conundrum
Tackling the plasterboard crisis; A manufacturer, council inspector and the Minister weigh in on what's being done
30th Aug 22, 3:05pm
4
Tackling the plasterboard crisis; A manufacturer, council inspector and the Minister weigh in on what's being done
MBIE says the market has responded to plasterboard crisis, with imports hitting $2.5m in July
25th Aug 22, 5:00am
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MBIE says the market has responded to plasterboard crisis, with imports hitting $2.5m in July
Kiwibank economists now see house prices falling 13% by the end of the year followed by a 'slow' recovery
24th Aug 22, 11:29am
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Kiwibank economists now see house prices falling 13% by the end of the year followed by a 'slow' recovery
Fletcher Building acknowledges this has 'been a difficult time' for many customers as it reports a 42% lift in annual profits
17th Aug 22, 9:27am
10
Fletcher Building acknowledges this has 'been a difficult time' for many customers as it reports a 42% lift in annual profits