Analysts pan new Fletcher provision: 'a lump of coal for Xmas'
Fletcher Building had been saying for years that its losses on high-rise construction were fully provided for.
Jenny Ruth: Muddled thinking by Ryman’s board
Ryman Healthcare’s board has just been tinkering around the edges of the company’s debt problem rather than properly addressing it.
Jenny Ruth: What the Commerce Commission’s building supplies study told us
The market share of structural timber used in residential construction has dropped to 73% in 2020, from 93% in 2013.
Fletcher only just now aware of $150m SkyCity cost blowout
CEO Ross Taylor says the company told the market as soon as it became aware of the extra costs beyond the $1b previously revealed.