A horror half-year result has exposed major issues for Fletcher Building.

One of/The largest construction companies in New Zealand reported a 120-million-dollar loss earlier this week, causing their share prices to plummet and forcing multiple key resignations.

Fletcher Building is not the only organisation in the industry reeling from losses, as a grim outlook of declining consents and rising building costs suggests a tough time ahead.

So, what is driving these woes, and how widespread is the issue around the country?

Today on The Front Page, NZ Herald’s Property Insider Anne Gibson weighs in on Fletcher’s losses and who might be next.

A horror half-year result has exposed major issues for Fletcher Building.
One of/The largest construction companies in New Zealand reported a 120-million-dollar loss earlier this week, causing their share prices to plummet and forcing multiple key resignations.
Fletcher Building is not the only organisation in the industry reeling from losses, as a grim outlook of declining consents and rising building costs suggests a tough time ahead.
So, what is driving these woes, and how widespread is the issue around the country?
Today on The Front Page, NZ Herald’s Property Insider Anne Gibson weighs in on Fletcher’s losses and who might be next.

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.