There’s a view that the entire Fletcher Building board should go as the company's Chief Executive and Chair call it quits.

The company's half-year financial result was announced alongside the two resignations, a first-half loss of $120-million.

Shares have plummeted.

Simplicity Founder Sam Stubbs told Mike Hosking that he believes the board would struggle to tell shareholders why they should stay.

He claims the company's been a 'trainwreck' for some time now.

LISTEN ABOVE

There’s a view that the entire Fletcher Building board should go as the company's Chief Executive and Chair call it quits. 
The company's half-year financial result was announced alongside the two resignations, a first-half loss of $120-million. 
Shares have plummeted. 
Simplicity Founder Sam Stubbs told Mike Hosking that he believes the board would struggle to tell shareholders why they should stay. 
He claims the company's been a 'trainwreck' for some time now. 
LISTEN ABOVE

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The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Sam Stubbs: Simplicity Founder on Fletcher Building's shares plummeting after the announcement of their half-year financial results

More signs of life in the economy, as the services sector expands for a third straight month.  

The BNZ-BusinessNZ Performance of Services Index rose to 51.2 in August – it's strongest result since September 2023. 

New orders and business rose to 55.2, while retail climbed above 50 for the first time since January.  

BNZ Senior Economist Doug Steel told Mike Hosking the new orders number is the bright spot on the survey and gives them hope that recovery is going to broaden. 

He says exports are a pretty big driver of things picking up, especially primary exports, which is then driving activity in areas like transport and storage.  

LISTEN ABOVE  

More signs of life in the economy, as the services sector expands for a third straight month. &nbsp;
The BNZ-BusinessNZ Performance of Services Index rose to 51.2 in August – it's strongest result since September 2023.&nbsp;
New orders and business rose to 55.2, while retail climbed above 50 for the first time since January. &nbsp;
BNZ Senior Economist Doug Steel told Mike Hosking the new orders number is the bright spot on the survey and gives them hope that recovery is going to broaden.&nbsp;
He says exports are a pretty big driver of things picking up, especially primary exports, which is then driving activity in areas like transport and storage. &nbsp;
LISTEN ABOVE &nbsp;

Doug Steel: BNZ Senior Economist on the services sector expanding in the BNZ-BusinessNZ Performance of Services Index

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/142ad6b1-4c7c-4f57-bc97-b4c50174470c/transcript

One of the greatest snow sport athletes of all time is heading to our shores this week. 

Shaun White is launching his new Snow League World Challenge at Cardrona this weekend, the event preceding the league's second season. 

The highly decorated snowboarder told Mike Hosking he's been coming to New Zealand for a long time, and so naturally, he had to bring the league here.  

"It's actually one of my favourite places to go," White said. 

"So when I was thinking about bringing my event, the Snow League, y'know, around the world, I was like, we have to stop in New Zealand." 

Snow League is something White's dreamed of doing since he was competing himself, and says it's been nice to be able to use his voice in the sport to make it better for everyone else.  

"I definitely don't think we're where we want to be – we're growing still, we're trying new things, and that's why we're so excited to come to New Zealand," he told Hosking. 

"But the future is looking bright." 

LISTEN ABOVE  

One of the greatest snow sport athletes of all time is heading to our shores this week.&nbsp;
Shaun White is launching his new Snow League World Challenge at Cardrona this weekend, the event preceding the league's second season.&nbsp;
The highly decorated snowboarder told Mike Hosking he's been coming to New Zealand for a long time, and so naturally, he had to bring the league here. &nbsp;
"It's actually one of my favourite places to go," White said.&nbsp;
"So when I was thinking about bringing my event, the Snow League, y'know, around the world, I was like, we have to stop in New Zealand."&nbsp;
Snow League is something White's dreamed of doing since he was competing himself, and says it's been nice to be able to use his voice in the sport to make it better for everyone else. &nbsp;
"I definitely don't think we're where we want to be – we're growing still, we're trying new things, and that's why we're so excited to come to New Zealand," he told Hosking.&nbsp;
"But the future is looking bright."&nbsp;
LISTEN ABOVE &nbsp;

Shaun White: Highly decorated snowboarder on bringing the Snow League to NZ, upcoming second season

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d96392c9-a4d6-4955-94b6-b4c5016c376d/transcript

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 15th of September, we've got good news across the board with tourism numbers passing pre-Covid levels, net migration doubling, and the services sector seeing the strongest result in more than two years. 

Is the UK about to split up? Leaders of Wales, Scotland, and Northern Ireland have met to discuss their right to seek independence. 

The G.O.A.T snowboarder and arguably the greatest snow sports athlete, Shaun White is winging his way here to launch his new competition in Cardrona. 

Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. 

LISTEN ABOVE  

On the Mike Hosking Breakfast Full Show Podcast for Tuesday 15th of September, we've got good news across the board with <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/louise-upston-tourism-minister-on-july-visitor-numbers-surpassing-pre-covid-levels/">tourism numbers passing pre-Covid levels</a>, <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/tobias-tohill-uvisa-immigration-advisor-on-net-migration-hitting-highest-level-in-two-years-at-20-300/">net migration doubling</a>, and the services sector seeing the strongest result in more than two years.&nbsp;
Is the UK about to split up? <a href="https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/audio/anand-menon-kings-college-european-politics-and-foreign-affairs-professor-on-the-leaders-of-wales-scotland-and-northern-ireland-pushing-for-independence-from-uk/">Leaders of Wales, Scotland, and Northern Ireland</a> have met to discuss their right to seek independence.&nbsp;
The G.O.A.T snowboarder and arguably the greatest snow sports athlete, Shaun White is winging his way here to launch his new competition in Cardrona.&nbsp;
Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.&nbsp;
LISTEN ABOVE &nbsp;

Full Show Podcast: 15 September 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/542c9860-e001-44b2-b01b-b4c5015d7444/transcript

Sam Stubbs: Simplicity Founder on Fletcher Building's shares plummeting after the announcement of their half-year financial results

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