NZSA, Simplicity call for Fletcher chair Bruce Hassall to resign

NZSA, Simplicity call for Fletcher chair Bruce Hassall to resign
Chair Bruce Hassall took the helm in 2018 after massive losses. (Image: supplied)
Jenny Ruth
The New Zealand Shareholders’ Association and non-profit fund manager Simplicity are calling for Fletcher Building chair Bruce Hassall to resign and for all other directors to stand for re-election at the next annual shareholders’ meeting.The two organisations are also calling for independent reviews of Fletcher’s culture and risk, saying the company’s privileged position as the dominant player in its industry has led to an internally focused culture.They're also complaining about how highly paid the chair and direct...

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