SkyCity to sue Fletcher Building for conference centre delays, FBU says no breaches

SkyCity to sue Fletcher Building for conference centre delays, FBU says no breaches
The New Zealand International Convention Centre is now expected to open in Feb 2026. (Image: NZME)
Rebecca Howard
SkyCity Entertainment Group says it will be filing legal proceedings against Fletcher Building and The Fletcher Construction Company for losses due to delays in the completion of the New Zealand International Convention Centre.  SkyCity claims it is entitled to liquidated damages of more than $330 million under the contract with Fletchers.“The NZICC [NZ International Convention Centre] was originally scheduled to take approximately three years to build, and it has now taken almost 10,” SkyCity chief executive Jason Walbridge sa...

More Markets

NZ sharemarket ends lower, spike in oil prices
Markets Market Close

NZ sharemarket ends lower, spike in oil prices

Australian, Hong Kong and Japanese share markets were all down after the attack.

Jamie Gray 13 Jun 2025
Bremworth wins $2m Kāinga Ora wool carpet contract
Primary Sector

Bremworth wins $2m Kāinga Ora wool carpet contract

The NZX-listed carpet market says the contract is of huge strategic value.

Staff reporters 13 Jun 2025
New Meridian boss warns market intervention comes with high risk
Markets

New Meridian boss warns market intervention comes with high risk

Mike Roan says electricity prices will come down in his term as CEO.

Ian Llewellyn 13 Jun 2025
NZ sharemarket flat amid global fears of Iran strike
Markets Market Close

NZ sharemarket flat amid global fears of Iran strike

NZ investors are looking with concern at rumblings in the Middle East.

Tom Raynel 12 Jun 2025