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Raiders of NZ's logs: Consumers will pay for timber crisis
Property

Raiders of NZ's logs: Consumers will pay for timber crisis

New Zealanders can't compete with government-backed buyers from China and Russia, wood processing and manufacturing boss Jon Tanner says.

Commerce Commission to make enquiries into Carter Holt timber issue
Property EXCLUSIVE

Commerce Commission to make enquiries into Carter Holt timber issue

Carter Holt Harvey has halted supply of structural timber to ITM, Mitre10 and Bunnings but not to its subsidiary or Fletcher's Placemakers chain.

Victoria Young 29 Mar 2021
Precinct to pay $215m for management contract, no shareholder vote
Property

Precinct to pay $215m for management contract, no shareholder vote

NZX has granted Precinct a waiver so it doesn't need to get shareholder approval to buy the management contract for $215 million.

Jenny Ruth 29 Mar 2021
Kāinga Ora may be key to timber woes – Red Stag
Property

Kāinga Ora may be key to timber woes – Red Stag

There might be a practical way for the government to help ease the timber shortage. 

Paul McBeth 29 Mar 2021