Building and construction
[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
38
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
13
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
26
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
63
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
20
'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
19
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
77
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
David Hargreaves bemoans the lack of foresight of NZ governments - which is about to be demonstrated again with a forthcoming downturn in housing construction
2nd Aug 22, 12:37pm
65
David Hargreaves bemoans the lack of foresight of NZ governments - which is about to be demonstrated again with a forthcoming downturn in housing construction
Builders report 80% to 90% slump in new home inquiries and fear another 2009/10-style bust
21st Jul 22, 5:00am
124
Builders report 80% to 90% slump in new home inquiries and fear another 2009/10-style bust
Fletcher Building says residential 'backlog' will support robust market volumes for next 12-18 months; plasterboard shortage to end by October
22nd Jun 22, 12:08pm
19
Fletcher Building says residential 'backlog' will support robust market volumes for next 12-18 months; plasterboard shortage to end by October
Government establishes taskforce to investigate ways of increasing plasterboard supplies
21st Jun 22, 2:08pm
37
Government establishes taskforce to investigate ways of increasing plasterboard supplies
Ardern concerned GIB shortages hurting housing supply; expects Woods to move later this week as critics call for supermarket-style breakup of Fletcher’s monopoly
20th Jun 22, 7:48pm
45
Ardern concerned GIB shortages hurting housing supply; expects Woods to move later this week as critics call for supermarket-style breakup of Fletcher’s monopoly
Ex-RBNZ Deputy Governor and Acting Governor Grant Spencer says the RBNZ should've started increasing the OCR sooner to combat inflation, gives his outlook for inflation
17th Jun 22, 12:57pm
54
Ex-RBNZ Deputy Governor and Acting Governor Grant Spencer says the RBNZ should've started increasing the OCR sooner to combat inflation, gives his outlook for inflation
ANZ economists see 'a relatively middle of the road outlook' for a period of weaker-than-average house price growth over 2022, but a gradual return to average over 2023
17th Nov 21, 3:01pm
18
ANZ economists see 'a relatively middle of the road outlook' for a period of weaker-than-average house price growth over 2022, but a gradual return to average over 2023
Westpac claims a New Zealand first with a dedicated mortgage product for prefabricated homes
14th Mar 19, 7:38am
3
Westpac claims a New Zealand first with a dedicated mortgage product for prefabricated homes
Local government grappling with construction sector challenges
New data reveals construction sector bosses are pessimistic about the future, but Housing and Urban Development Minister Phil Twyford says he has an ‘action plan’
16th Aug 18, 3:48pm
26
New data reveals construction sector bosses are pessimistic about the future, but Housing and Urban Development Minister Phil Twyford says he has an ‘action plan’