Is Fletcher unable to increase Gib prices?

Is Fletcher unable to increase Gib prices?
Fletcher chief executive Ross Taylor has promised the plasterboard shortage will be sorted by October. (Image: NZME)
Jenny Ruth
One fallout from last month’s plasterboard shortage “scandal” is that it appears Fletcher Building is having to hold prices for political reasons.That’s at a time when plasterboard prices are rising in Australia, which has faced similar shortages to those in New Zealand.It seems obvious that Fletcher wouldn’t want to risk making headlines accusing it of profit gouging as it works to overcome the shortage, something chief executive Ross Taylor promised would be sorted by October.That’s especially so at a time...

More Infrastructure

Leighs opts out of Scott Base build
Infrastructure

Leighs opts out of Scott Base build

The Antarctic contractor is focused on offices, healthcare and apartments.

Two housing projects snare first fast-track panels
Policy

Two housing projects snare first fast-track panels

Applications opened on Feb 7. Now we have our first panels.

Oliver Lewis 08 May 2025
Methanex secures winter electricity supply again
Infrastructure

Methanex secures winter electricity supply again

Electricity generators are anxious to avoid winter power price spikes.

Pattrick Smellie 08 May 2025
Transpower proposes $1.4b replacement for ageing Cook Strait electricity cables
Infrastructure

Transpower proposes $1.4b replacement for ageing Cook Strait electricity cables

Transpower is proposing a $1.4 billion spend on replacing the ageing electricity cables linking the North and South Islands across the Cook Strait.The state-owned power transmission company released a consultation paper today setting out its proposals to replace key components of...

Staff reporters 07 May 2025