Fletcher wins dispute with former accountant

Fletcher wins dispute with former accountant
Victoria Young
Fletcher Building has won a court case against a former employee who complained he was pressured to sign off accounts that weren’t accurate. Grant Johnston had been an accountant at the listed construction firm for almost 30 years when he resigned in May 2017. He brought an Employment Court case alleging Fletcher breached its employment contract and forced him to resign. Johnston said he disagreed with the way bids were capitalised and the valuation of losses at the Christchurch Justice and Emergency Precinct. As early as December 201...

More Property

Analysts eye upside in property sector as values stabilise
Property

Analysts eye upside in property sector as values stabilise

On average, listed property companies are trading at a 22% discount to NTA.

Gregor Thompson 04 Jun 2025
Private building consent body offers competition
Property

Private building consent body offers competition

The country's first independent consenting authority is targeting group builders.

Maria Slade 04 Jun 2025
Stuff/TradeMe go head to head with NZME
Property

Stuff/TradeMe go head to head with NZME

The marriage of online advertising portals with news producers continues.

Pattrick Smellie 03 Jun 2025
Argosy signals succession plan
Property

Argosy signals succession plan

Argosy Property has signalled its management and governance succession plan.The listed property company told the market on Tuesday that directors Chris Gudgeon and Mike Pohio will not stand for re-election at the coming annual general meeting (AGM) in July. The firm also said tha...

Gregor Thompson 03 Jun 2025