Staying afloat is a case of ‘subbie beware’

Staying afloat is a case of ‘subbie beware’
A shuttered Du Val site. Mark Lovich was forced to listen to empty promises from the group’s founder. (Image: Jason Dorday)
Maria Slade
Mark Lovich may have just spent $60,000 to recover $60,000, or he may be $120,000 in the hole.Either way, the co-founder and managing director of Lovich Floors would rather risk it than let the Auckland developer who owes his floor coverings business off the hook.Although it’s been several years since Nest or Invest Group failed to pay Lovich Floors for work on the Sullivan Ave terraced housing development in Māngere Bridge, a building adjudication decision in the flooring firm’s favour landed just last week.The company was warned t...

More Opinion

Polarisation: from talkback to the trading desk
Opinion

Dileepa Fonseka: Polarisation: from talkback to the trading desk

Political polarisation is becoming more of a worry for NZ investors.

The All’s, the In’s, the outs and AI …
Opinion

Simon Robertson: The All’s, the In’s, the outs and AI …

Discussing the future of the West and humanity is bone-chilling.

Simon Robertson 13 Sep 2025
Search and rescue: Google given a lifeline
Opinion

Peter Griffin: Search and rescue: Google given a lifeline

The digital economy deserves more than ceremonial change.

Peter Griffin 10 Sep 2025
The great inflation moderation
Economy

Cameron Bagrie: The great inflation moderation

There is always a cost associated with inflation.

Cameron Bagrie 09 Sep 2025