The collapse of Mainzeal Property and Construction will cost Auckland ratepayers millions to settle a leaky-building claim.

Raja Sharma invested his life savings in an apartment in Hobson Gardens after falling in love with New Zealand and immigrating with his wife to Auckland.

New Zealand's commercial construction sector has been nailed into the ground by the recession, industry chiefs say, and Mainzeal Property and Construction's receivership came after a string of others.

Angry subcontractors are trying to retrieve their tools locked in a Wellington Mainzeal construction site after the company went into receivership.

Work has stopped on a number of Mainzeal developments around Auckland today after the construction firm was placed into receivership yesterday.

Fallout from the Mainzeal receivership is hitting listed lines company, Horizon Energy.

Mainzeal Property and Construction - one of New Zealand's largest construction companies - has gone into receivership.

This year is shaping up to be a very busy one for new sharemarket listings...

The entrance of a European building products giant into the Christchurch rebuild market will increase competition in the industry.

One of New Zealand's largest mechanical engineering firms has expanded its presence in the mining equipment sector through its acquisition of a North Island manufacturer.

Economic activity in Canterbury is gathering pace, according to the January edition of the ASB Bank's Cantometer.

Australian workers are being sought for a large Auckland building project beginning soon, outraging NZ First leader Winston Peters, who says Kiwis have been snubbed.

The building sector has taken off and Canterbury earthquake repairs are one of its biggest drivers.

New Zealand shares rose on the first trading day of 2013, following gains on Wall Street, as investors drove up companies that have featured on broker lists for 2013, such as PGG Wrightson and Ryman Healthcare.

Fletcher Construction was fined $45,000 today for a health and safety breach while workers pulled down Christchurch's quake-battered Hotel Grand Chancellor.

The New Zealand economy grew at a slower pace than expected in the September quarter, pushed up by increased building activity.

Auckland builder George Levick expects tougher new seismic standards to be a big boost to the construction sector.

There's been a surprisingly big jump in building activity, with the biggest quarterly gain in the past ten years, driven by construction work in Canterbury and the upper North Island.