News in Brief
News in Brief
Property
Liquidators called in at Wgtn's Armstrong Downes Commercial
Work on The Paddington, a 152-unit terraced housing development on Taranaki St, Wellington, is frozen after its builder moves into receivership.
Infrastructure
Fletcher appoints Phillip Boylen to head construction division
Phillip Boylen previously headed divisions accounting for about 70% of the construction division.
Finance
Kiwi Group completes $45m sale of Kiwi Insurance to nib NZ
Kiwi Group is also looking at selling Kiwi Wealth.
Markets
market close
NZ shares tread water
Pushpay Holdings led the local market higher as investors continued to buy the company's shares on news it had been approached by interested buyers.
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