ComCom study sets sights on Fletcher’s

ComCom study sets sights on Fletcher’s
The Commerce Commission reverts to ‘playbook’, is looking at building costs. (Image: file)
Brent Melville
Fletcher Building and Carter Holt Harvey will be firmly in the crosshairs of the Commerce Commission after the regulator said its building study will closely examine concrete and cement, plasterboard and timber.Manufacturers of cladding, windows, insulation and steel products are also captured in the study, whereas electrical and plumbing build elements weren’t included from the outset.In its latest progress report, published this week, ComCom said the study will also rely on “particular examples” to make their cases and infor...

More Property

Property owners homeless after joint ventures gone wrong
Property

Property owners homeless after joint ventures gone wrong

Two homeowners are ruing the day they joined forces with developer Anthony Corin.

Maria Slade 03 Mar 2025
No equity raise for Summerset, CEO Scott Scoullar says
Property

No equity raise for Summerset, CEO Scott Scoullar says

The company reported record sales settlements in its full-year earnings.

Gregor Thompson 28 Feb 2025
DDL receivers get High Court approval to modify land covenant
Property

DDL receivers get High Court approval to modify land covenant

The DDL Homes group collapsed in 2022/2023 owing about $40 million.

John Anthony 28 Feb 2025
Soft trading flips Ryman’s equity raise dynamics
Property

Soft trading flips Ryman’s equity raise dynamics

Concern for retail shareholders has given way to concern for underwriters.

Gregor Thompson 28 Feb 2025