Latest from Construction

Fletcher directors enjoy pay rises despite poor investor returns
Increases come despite a precipitous drop in the share price.

Fletcher Building posts $164m profit
Company still facing tough Australian conditions and construction challenges.

Precinct Properties boosts underlying profit, tweaks dividend policy
Listed landlord Precinct Properties posts its result on the NZX.

Queenstown area monster deal could be in $100m range
9ha of land near Queenstown could be the area's top real estate deals.

Engineer 'lied' over quake-damage inspection
Misleading report uncovered during court action.

Watch: How Auckland Airport's designers can see into the future
Designers of multi billion dollar project using gaming computers to map future.

Auckland property developer says he's proof that KiwiBuild works
"It's been built in just nine months and its proves KiwiBuild works" - Shane Brealey

Economist has three-point house-building reform plan
Three major changes suggested for the house-building sector: Eaqub

Watch: New $790m Westfield Newmarket - first shops opening
Sneak peek inside Auckland's new giant mall project.

Building product company faces criminal charges
Commerce Commission charged Global Fibre8 Limited and its director Tangi Tuake.

Auckland building consents hit record in year to June
The building sector remains inundated with work.

Julien Leys: We do not want a Grenfell disaster in NZ
COMMENT: Rise of imported materials adds to concerns about products being fit for use.

Real estate agency owed $400k as apartment company folds
Sargeson Apartment company in voluntary administration.

Retirement villages promise to clean up 'complicated' contracts
Concerns remain about how long the changes might take.

'I would invest in Ryman, but not live there' - shareholder on nurse comments
"The quality of care is not as good as she has seen elsewhere" - Ryman shareholder.

Why won't this $26m resort-like property sell?
Bay of Islands property on the market for 17 months

Watch: Zut alors - French out in force in Link Alliance signing
The formal signing did not occur until today, because of the project's complexity.

$4.4b City Rail Link milestone: tunnel contract signed
A milestone today with tunnel contract signed and sealed

Man says unlicensed builder drove him to bankruptcy
A property owner ended up $30,000 in debt to a hardware store.

NZ short of 130,000 homes, could rise to 150,000
Population growth has outstripped housing supply again.

Repayment uncertain: Failed construction business owes creditor $23m
Orange H Group, part of McConnell Ltd, retained a number of legacy and ongoing projects.

$200m leaky building lawsuit: Litigants win latest round against James Hardie
"I adopt the argument for the plaintiffs" - Justice Christian Whata, High Court

Revealed: The best trams for Auckland's $6b plans
The biggest tram builder in the world provided a glimpse at Auckland's future.

Apartment site being offloaded at half price
The vendors are selling at a substantial loss.

James Kellow: Why is Auckland's Unitary Plan defying the critics?
COMMENT: Massive overhaul of zoning in Auckland has led to better housing prospects.

$1b Commercial Bay helps Precinct add $162m to valuations
Revaluation of Auckland's Commercial Bay tower helped its owner push up its portfolio.

CBD traffic woes: Nelson St could re-open tonight
Auckland CBD could return to normal four days after panel fell from building.