Property
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Infrastructure
Fletcher flags $300 mln share buyback, uses Formica funds to cut debt
By Paul McBeth June 26 (BusinessDesk) - Fletcher Building plans to buy back as much as $300 million of stock, with the bulk of the billion-dollar Formica sale proceeds being used to cut debt. The country's biggest listed construction firm is hosting investors in Sydney tod...
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Policy
OECD joins KiwiBuild critics as 'reset' looms
By Pattrick Smellie June 25 (BusinessDesk) - The government should reallocate KiwiBuild funding to social and rental housing rather than take on higher levels of financial risk than housing policies of other countries to assist KiwiBuild buyers who are "sufficiently well off t...
Policy
Ardern backs Twyford as Thursday Cabinet reshuffle looms
By Pattrick Smellie June 24 (BusinessDesk) - Prime Minister Jacinda Ardern went out of her way to defend the record of Housing and Urban Development Minister Phil Twyford while announcing her "relatively minor" Cabinet portfolio reshuffle will be unveiled on Thursday. Twyfo...
Infrastructure
Kiwi Property eyes residential development for mixed-use centres
By Jenny Ruth June 20 (BusinessDesk) - Kiwi Property Group is considering adding residential property to its mixed-use centres, although no decisions have been made about how to go about it, chair Mark Ford told the annual shareholders' meeting. “It's certainly something we...
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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.
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articles by Oliver