
F&P at record on higher profit
New Zealand shares rose as Fisher & Paykel Healthcare advanced to a record after lifting its annual profit guidance. Xero fell as its first-half results showed a slower pace of growth.
New Zealand shares rose as Fisher & Paykel Healthcare advanced to a record after lifting its annual profit guidance. Xero fell as its first-half results showed a slower pace of growth.
West Auckland is about to get a boost, with a big landlord announcing a $36 million expansion and upgrade of New Lynn's shopping mall.
Labour's housing spokesman Phil Twyford has raised concerns about anti-competitive building industry practices after the world's second biggest wallboard maker said it was reviewing its structure in New Zealand.
Builder Shane Brealey is selling his 83.2 per cent stake in NZ Strong to Amalgamated Builders' executive chairman Chris Hunter.
October was a crazy month for financial markets.
Professional investors have questioned the value to Goodman Property Trust of Singapore's Government Investment Corporation's acquisition of a 49 per cent stake in Auckland's Viaduct Quarter.
Singapore's sovereign wealth fund has bought a half stake in some of Auckland's newest commercial buildings in the Viaduct Quarter.
Fletcher Construction's efforts here during World War II and its aftermath are detailed in a second huge volume about the business.
Fletcher Building has forecast an 11 per cent operating earnings uplift by as much as $66 million this financial year but some shareholders still expressed dissatisfaction at yesterday's AGM in Auckland.
New Zealand shares gained for a third day yesterday, paced by Contact Energy and TrustPower, as investors spooked by recent volatility sought high-yield stocks. Fisher & Paykel Healthcare rose to a record.
A big court case over one of Auckland's most ill-fated apartment tower developments is set down to be heard early next year.
A specialist building and construction lawyer has backed a Supreme Court decision on an apartment owner's access to his Auckland block.
Auckland's job numbers are growing, with 21,000 added in the past year.
It's lunchtime and Timaru is bustling. Stop a local and ask why, and most will give you the same answer: Allan Hubbard.
Major centres are sprouting a growing crane population, with 76 cranes now on big sites.
Graham Darlow, Fletcher Construction chief executive, pays tribute to his engineering father Bob Darlow for inspiring him in his career and giving him his most precious possession.
Finance Minister Bill English says rising land values in Auckland caused by planning constraints have made it "illegal to build a house under half a million dollars".
Auckland is being rebuilt before our eyes, as projects worth at least $10 billion-plus rise across the city.
Work at four of Fletcher Building's main manufacturing plants in Auckland is on hold because of the power cut still affecting the city.
Is six storeys the new height for apartment buildings in zones approved for four storeys?
An Auckland-based building society is accused of making "deceptive" statements about a fund it manages and claims it holds US$6.2 billion of assets.
Applications to build new houses and apartments have hit a new seven-year high but the rate of growth is slowing.
A dispute over building defects at one of Auckland's biggest shopping malls was on the electronic online High Court list last Thursday.
Burglars forced entry to an eco house being built in Christchurch - stealing a fully-constructed wall from the lounge. Is it a case of industrial espionage?
Property and construction bosses want the Government to reform the Resource Management Act, an extension of Special Housing Areas, the creation of more affordable housing in Auckland and Christchurch and perhaps the introduction of some form of capital ga