Property
Explore the latest property news by BusinessDesk.
Infrastructure
Building work to stay elevated with residential permits at 45-year high
By Paul McBeth Aug. 30 (BusinessDesk) - Economists expect construction work will stay elevated over the next year or two as the number of new residential building permits remain at 45-year highs and may get a tailwind from cheaper finance. Some 35,472 residential building...
Markets
Scales lifts 1H sales across all divisions, reaffirms annual guidance
By Rebecca Howard Aug. 28 (BusinessDesk) - Agribusiness Scales Corporation reported revenue growth in all divisions in the first half and reiterated full-year guidance for increased underlying earnings. The company said net profit for the six months to June 30 was $121.8 mi...
Economy
Analysts pan Fletcher results, one comparing it to Fonterra
By Jenny Ruth Aug. 26 (BusinessDesk) - Fletcher Building managing director Ross Taylor’s hopes that the market will recognise his achievements to date have been dashed. Analysts have panned the 2019 annual results, albeit that they were well-signalled, with some cutting the...
Infrastructure
RESEND: Are Fletcher's NZ earnings at the top of the cycle?
(Resends after early publication) By Jenny Ruth Aug. 21 (BusinessDesk) - Fletcher Building says activity in all parts of its New Zealand markets is “elevated’’ but its managing director doesn’t want to say whether current earnings should be viewed as top-of-the-cycle result...
Prev
Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
Followers will be emailed
articles by Oliver