'Relentless’ price increases choking life out of construction
The same rampant price hikes that have allowed Fletcher Building to report surging profits are undermining builders' ability to finish jobs, and drying up developers' funding lines.
$900m Interislander terminals on a fast track
Environment minister David Parker has referred proposed upgrades to the Interislander Wellington ferry terminal to an expert panel to fast-track the KiwiRail project.
Legalising lower dosage cannabis products could 'ignite industry'
The NZ medicinal cannabis sector could be worth $2 billion by 2030, driven by the use of low dosage products, but that will require a change in the rules.
The chips are down: SkyCity tables $33.7m loss
SkyCity saw almost $100 million shaved off its revenues for the half-year, plunging to a loss on the back of a 107-day shut down of its Auckland casino and hotel precinct.