Fletcher CEO focused on deteriorating Australian operations
Fletcher Building chief executive Ross Taylor is planning a visit to Australia in September and will likely stay there until after Christmas since most of his family live there. Taylor has already visited Australia once since the coronavirus crisis hit, enduring quarantine per...
Fletcher confirms $196m annual loss, CEO pay falls 40%
As foreshadowed last week, Fletcher Building confirmed an annual net loss of $196 million due to further provisions for legacy construction losses and the impact of the coronavirus crisis.And the annual report shows chief executive Ross Taylor's remuneration has also taken a...
Summerset says tradie tenders down 3-12%
Summerset Group's build progamme has been slowed by the coronavirus crisis but one side effect is that tradies are cutting their prices by anywhere between 3 percent and 12 percent.
Westpac won't pay a first-half dividend, ANZ decision still pending
Westpac Banking Corp has decided it won't pay a first-half dividend despite assuring investors that its balance sheet is strong. "Given the desire to retain a strong balance sheet and the ongoing uncertainty in the operating environment, the board has now decided it is prudent...
Prev
