Fletcher Building
Leaky pipe saga goes back decades, traumatised WA home owners warn
Families traumatised by decades of what they describe as “ticking time-bomb” plumbing pipes are pleading for compassion after being excluded from a deal to remediate newer homes.
- by Claire Ottaviano
Latest
Exclusive
Construction
WA leaky pipes fix could hit $1 billion: BGC
New figures the home builder has released have blown previous cost estimates out of the water.
- by Claire Ottaviano
‘The buck stops with us’: Fletcher Building’s CEO and chairman to step down
New Zealand’s largest construction firm’s shares tanked after it reported a $113 million half-year loss and that its CEO and chairman will leave later this year.
- by Tracy Withers
Updated
Construction
Blame game: BGC braces for $700 million plumbing bill over deluge of faulty pipes
Iplex says its own investigation points to installation as the cause of the burst pipes while construction giant BGC says it is struggling to respond to 46 leaks a week.
- by Sarah Brookes
Opinion
Coronavirus pandemic
Housing construction poised to fall off a cliff
The Housing Industry Association’s dire forecasts for new housing construction make for chilling reading both for building materials companies and for the broader economy.
- by Elizabeth Knight
ASX closes higher after RBA pours cold water on rate cut bets
The S&P/ASX 200 closed 0.4 per cent higher on Wednesday thanks to gains in materials and information technology.
- by David Scutt and Lucy Battersby
Fletcher Building to sell Formica to Broadview Holding for $1.2b
Fletcher said the sale marked the end of its plan to sell non-core assets and confirmed its intention to reinstate dividends in its 2019 financial year.
Housing downturn has 'some distance to run', builder warns
One of the nation’s biggest building products companies, Fletcher Building, blamed a “sharp contraction” in the housing market as it slashed its profit outlook.
- by Nick Toscano
cbd
Analysis
Nothing constructive about Ralph Norris's Fletcher Building board
The disasters that have befallen Fletcher Building were meant to hold one clear lesson - the board needed construction experience.
- by Colin Kruger
Wesfarmers squashes talk of Fletcher Building stake
Wesfarmers has confirmed that it has not bought a stake in New Zealand construction and materials company Fletcher Building.
- by Patrick Hatch
Fund buys 5 per cent of possible Wesfarmers target Fletcher for mystery owner
Sydney based fund manager Ellerston Capital has amassed a 5 per cent stake on behalf of a secret investor in Fletcher Building.
- by Patrick Hatch
Original URL: https://www.smh.com.au/topic/fbu-lt