Latest from Construction

Casino's bid for funding fails

SkyCity asked for taxpayers to pay for the marketing and promotion of the international convention centre, but the Government ruled it out.

New pressure on Shipley

Another company linked to Dame Jenny Shipley is under pressure and may be forced to stop operating by September if it cannot meet new Reserve Bank requirements.

Fletcher eyes Mainzeal jobs rescue

Fletcher Building engineers are assessing Mainzeal Property & Construction sites and the company hopes to finish some of the 40 jobs and employ subcontractors and some members of Mainzeal's 400 staff.

Fletcher Building profits up on NZ pickup

Select treatment for SkyCity won't stop deal

SkyCity got special treatment in its pitch to build the international convention centre - but nothing which will get in the way of a formal deal being struck.

Mainzeal predicted to hurt industry

If work on Mainzeal Property and Construction's sites is frozen for another six weeks, national construction activity could be depressed by up to 3 per cent, says an economist.

$75m cost cut tipped for Fletcher

Fletcher Building chief executive Mark Adamson could slice costs by $75 million, as the construction giant tries to pare back spending to bolster its bottom line.

Dominion Finance judge steps down

A High Court judge has stepped down from hearing the case of three men associated with Dominion Finance.

PM stands by Shipley as Genesis chair

Prime Minister John Key has given his qualified support to Jenny Shipley remaining chair of the soon-to-be-listed power company Genesis.

Contractor fails in bid to take gear

A mainzeal contractor has been issued with a trespass order after trying to remove $1 million worth of equipment from an apartment building yesterday morning.

Subbies stopped on Mainzeal sites

Mainzeal failure lands debt on ratepayers

The collapse of Mainzeal Property and Construction will cost Auckland ratepayers millions to settle a leaky-building claim.

Stop work leaves leaky apartment dweller facing uncertain future

Raja Sharma invested his life savings in an apartment in Hobson Gardens after falling in love with New Zealand and immigrating with his wife to Auckland.

Recession hammered building firms, say chiefs

New Zealand's commercial construction sector has been nailed into the ground by the recession, industry chiefs say, and Mainzeal Property and Construction's receivership came after a string of others.

Mainzeal subcontractors: 'It's theft'

Angry subcontractors are trying to retrieve their tools locked in a Wellington Mainzeal construction site after the company went into receivership.

Mainzeal work halts

Work has stopped on a number of Mainzeal developments around Auckland today after the construction firm was placed into receivership yesterday.

Mainzeal crash bad news for Horizon

Fallout from the Mainzeal receivership is hitting listed lines company, Horizon Energy.

Builder likely to come back stronger - analyst