How much government support is Fletcher Building getting?

How much government support is Fletcher Building getting?
Jenny Ruth
The amount of government support Fletcher Building is getting through the coronavirus crisis goes considerably beyond the $66.3 million in wage subsidies.Fletcher is also getting advance payments from the New Zealand Transport Agency on all its projects as part of the government's measures to ensure the construction industry faces as little disruption as possible.The government is hoping the industry and its infrastructure projects will provide much-needed economic stimulus once the lockdown ends.That could come as soon as next week if the...

More Finance

‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.

Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Andy Macdonald 15 Sep 2025
Real estate industry wants AML levy exemption
Finance

Real estate industry wants AML levy exemption

The real estate industry is warning an AML levy will drive up costs in the sector.

Michael Neilson 15 Sep 2025
Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.