Property
Explore the latest property news by BusinessDesk.
Infrastructure
Fletcher CEO focused on deteriorating Australian operations
Fletcher Building chief executive Ross Taylor is planning a visit to Australia in September and will likely stay there until after Christmas since most of his family live there. Taylor has already visited Australia once since the coronavirus crisis hit, enduring quarantine per...
Infrastructure
Fletcher confirms $196m annual loss, CEO pay falls 40%
As foreshadowed last week, Fletcher Building confirmed an annual net loss of $196 million due to further provisions for legacy construction losses and the impact of the coronavirus crisis.And the annual report shows chief executive Ross Taylor's remuneration has also taken a...
Infrastructure
Summerset says tradie tenders down 3-12%
Summerset Group's build progamme has been slowed by the coronavirus crisis but one side effect is that tradies are cutting their prices by anywhere between 3 percent and 12 percent.
Economy
Industrial tenants able to shrug off covid impacts best, lease data show
Industrial tenants continued to be the most desirable though July, with 88 percent of their leases paid on time and above the average across overall commercial leases of 85 percent for the month. This average is up from 80 percent in June but still below the pre-covid monthly ave...
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