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

Ministry of Transport shelves key freight study update
Infrastructure

Ministry of Transport shelves key freight study update

‘Seven years is a long time between drinks in terms of a study.’

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees
Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees

The port says it's working with KiwiRail on 'long-term arrangements'. 

Oliver Lewis 04 Jul 2025
‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Oliver Lewis 02 Jul 2025
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.

Oliver Lewis 01 Jul 2025