Calls grow for resignations at Fletcher

Calls grow for resignations at Fletcher
Fletcher Building chair Bruce Hassall is under pressure. (Image: Supplied)
Brent Melville
Rebecca Stevenson
Victoria Young
Pattrick Smellie
Corporate New Zealand is agog at the drama unfolding at Fletcher Building, with one merger and acquisition specialist describing the company’s statements to the NZ and Australian stock exchanges as “unprecedented”.As well as the fact that the Australian securities exchange (ASX) published the whole disclosure while the NZ stock exchange (NZX) held some details back, the announcement before Wednesday’s half-year earnings result that chief executive Ross Taylor is “considering his position” has stunned observer...

More Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025
Food scrap U-turn chills waste sector investment
Infrastructure

Food scrap U-turn chills waste sector investment

The Government’s backtrack on the food waste mandate undermines investor confidence.

Cécile Meier 30 Jun 2025
'There are some firms in NZ I won’t touch'
Policy

'There are some firms in NZ I won’t touch'

Adam Feeley on the reluctance to call out poor performers in NZ infrastructure sector.

Oliver Lewis 30 Jun 2025