News in Brief

News in Brief
Fletcher completes Fiji sale
News in Brief

Fletcher completes Fiji sale

Fletcher Building says it has completed the sale of 50% of its Fiji construction for $20 million with a non-cash impairment of $15m to be recorded on its financial statements.The sale to the Fiji National Provident Fund and Fijian Holdings was previously announced on June 19.Cons...

Staff reporters 31 Jul 2024
Housing consents drop 24% to lowest level in five years
News in Brief

Housing consents drop 24% to lowest level in five years

All regions had fewer new homes consented in the year ended June 2024 compared to 2023. 

Tom Raynel 31 Jul 2024
Fund management companies show diverse profitability in 2024
News in Brief

Fund management companies show diverse profitability in 2024

Milford Funds generated the biggest profits for its owners.

Staff reporters 30 Jul 2024