Building and construction

Fletcher Building says 'macroeconomic pressures' are expected to persist and economic activity to remain subdued at 'below mid-cycle levels' for the remainder of the financial year

Fletcher Building says 'macroeconomic pressures' are expected to persist and economic activity to remain subdued at 'below mid-cycle levels' for the remainder of the financial year

Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix

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

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

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

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

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

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

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

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

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

Construction sector leads the way as monthly liquidations hit a nine year high, credit bureau Centrix says

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 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

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'

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

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