The Supreme Court has upheld a ruling that a group of Hamilton realtors colluded to pass on a hike in Trade Me’s property listing fees.The Lodge and Monarch agencies and their respective directors Jeremy O’Rourke and Brian King were the hold-outs in a 2015 case brought by the ant...
The proposal to restructure Vital Healthcare Property Trust and list it on ASX has been shot down by unitholders, although they will still have to wear the estimated $8 million cost. Of those voting, 33.8 percent voted against. BusinessDesk understands the three institutional...
Fletcher Building is asking staff in New Zealand who aren't working through the nation's shutdown to take a progressive paycut over the next 12 weeks starting at 20 percent for the first four weeks and reaching 70 percent for the final three weeks. Senior executives who will w...
Construction firms and asset owners are going to have to get creative if the country is to maintain a pipeline of work to help it navigate the economy through the post-covid-19 recession, Crown Infrastructure Partners chair Mark Binns says.There is no shortage of potential projec...