Is Fletcher unable to increase Gib prices?

Is Fletcher unable to increase Gib prices?
Fletcher chief executive Ross Taylor has promised the plasterboard shortage will be sorted by October. (Image: NZME)
Jenny Ruth
One fallout from last month’s plasterboard shortage “scandal” is that it appears Fletcher Building is having to hold prices for political reasons.That’s at a time when plasterboard prices are rising in Australia, which has faced similar shortages to those in New Zealand.It seems obvious that Fletcher wouldn’t want to risk making headlines accusing it of profit gouging as it works to overcome the shortage, something chief executive Ross Taylor promised would be sorted by October.That’s especially so at a time...

More Infrastructure

Details of fast-track conflicts of interest released
Policy

Details of fast-track conflicts of interest released

Shane Jones disclosed eight conflicts of interest.

Jem Traylen 11 Oct 2024
Ferry improvements critical for Beachlands development
Infrastructure

Ferry improvements critical for Beachlands development

Upgrades needed 'so as not to impede' huge East Auckland housing scheme.

Oliver Lewis 11 Oct 2024
'Get creative on BTR funding', developer urges
Finance

'Get creative on BTR funding', developer urges

Banks are pricing build-to-rent at higher risk than they have to, operators say.

Maria Slade 11 Oct 2024
Wellington Council votes to halt process to sell airport stake
Infrastructure

Wellington Council votes to halt process to sell airport stake

The sale has become a point of intense political contention in the capital.

Gregor Thompson 10 Oct 2024