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

Unscrambling EGS investment in Trump's world
Finance

David Chaplin: Unscrambling EGS investment in Trump's world

The US rush from ESG investments labels is well under way.

David Chaplin 05 Feb 2025
Forsyth Barr on Spark's 'incumbent's dilemma'
Finance

Forsyth Barr on Spark's 'incumbent's dilemma'

Falling market share and margins in the broadband market look entrenched.

Pattrick Smellie 05 Feb 2025
Coal and gold added to critical minerals list
Finance

Coal and gold added to critical minerals list

Banks and insurance companies threatened with regulatory retaliation if they block mining.

Ian Llewellyn 31 Jan 2025
Powell says US Fed in no hurry to cut rates after pause
Finance

Powell says US Fed in no hurry to cut rates after pause

The decision follows three consecutive rate reductions.