Fletcher posts $322m loss
This result was a big turnaround on its previous $301 million profit.
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Latest from Construction
Construction sector in 'race to the bottom'
Companies taking on projects to win revenue rather than chase profit, says industry boss
Brian Gaynor: Fletcher's Norris a victim of his own success?
COMMENT: Lack of past mistakes left chairman ill-equipped when things went wrong.
Fran O'Sullivan on Fletchers fiasco: Why Norris effectively fired himself
Announcement a watershed moment for Fletcher Building.
NZH: How did Fletcher Building miscalculate so badly?
NZ Herald: How did Fletcher Building gets its major project bids so wrong?
Fletcher Building unit lost nearly a billion dollars in last two years
Shareholders won't get a dividend for last six months.
Fletcher Building downgrades sitting at $400m-plus as announcement looms
Today's announcement is likely to involve further downgrades for the business.
Fletcher to front in Ash Wednesday revelations
Company has warned it is in danger of breaching bank lending covenants.
Les Mills' 333-space Auckland carpark
Gym goers will no longer have to cross the road to attend Les Mills.
John Beveridge: Chinese lesson in how to rebuild housing
COMMENT: Bias about NZ having superior builders is naive.
Fletcher Building investors worried: will shareholders pay?
Fletcher Building might seek money from investors.
Fletcher trading halt extended, in talks with banks
Fletcher was expected to make a market announcement this morning.
NZ shares sheltered from the storm
10% drop takes US into 'correction' territory, but local reaction in New Zealand is muted.
Fletcher, Fonterra - time to get a grip
OPINION: Blue-chip duo need to face up to problems at loss-making operations.
Fletcher Building expects further losses, shares halted
Fletcher Building said it expects further losses at its building and interiors business.
Worker told to 'f*** off' wins ERA case
A building apprentice told to "f**k off" from his job has won an employment relations case
Decent earnings season on the cards
Fletcher Building and a2 Milk among firms expected to get a lot of investor attention.
Watch: Nine-level units by Takapuna home to create 's***hole'
Takapuna homeowner complains of nine-level apartment block.
'Like prison cells': Nimbys lay into Housing NZ's emergency homes for poor
Housing NZ has called on those criticising the project to suspend judgment.
Rachel Dunne: Foreign investment laws need reform
COMMENT: NZ companies with small shareholders from abroad can be caught up in OIO net.
Fletcher Building calls in Mister Fix-it
Australian newcomer brings fresh eye to construction giant's troubles.
Construction firm fined $100k after worker injured
A construction firm has been fined $45,500 after a worker received serious injuries.
$2b town centre, 2500 residences planned for Drury
New $2b-plus town centre is planned on southern inner reaches of Manukau Harbour.
NZ must act on gender equality: Dame Jenny Shipley
Dame Jenny Shipley is bridging the gap between politics and business.
Watch: Firth builds new $30m masonry block plant
Firth opens new $30m masonry block plant.
Why we can't build our way out of housing crisis
Labour's proposed KiwiBuild policy could actually fuel the problems they claim to solve.
Satellite cities are more affordable
COMMENT: Satellite cities are more affordable than houses on Auckland's edge.
Work starts on new $116m Grafton building
Construction work started today on a $116m Auckland University building.
Hillside city homes chosen in House of the Year
Homes across the country were recognised for their excellence.