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Fletcher Building

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Joan Wotton’s home has been subject to multiple repairs after pipe leaks.

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.

  • Claire Ottaviano

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Of 471 BGC homes completed in the second quarter of 2020, 245, or 52 per cent, experienced a burst, the builder says.

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.

  • Claire Ottaviano
Sydney construction is powering the state's economy.

‘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.

  • Tracy Withers
BGC is anticipating a costly remediation bill in the wake of soaring reports of burst and faulty pipes in homes across Western Australia.

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.

  • Sarah Brookes
Housing dwellings starts

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.

  • Elizabeth Knight
The local sharemarket edged higher on Wednesday despite a speech from the RBA governor pushing out the odds of a near-term rate cut.

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.

  • David Scutt and Lucy Battersby
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Fletcher Building CEO Ross Taylor said the divestment of Formica completed the company's strategy to exit non-core businesses.

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

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.

  • Nick Toscano
Nothing constructive about Ralph Norris's Fletcher Building board

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.

  • Colin Kruger
Wesfarmers squashes talk of Fletcher Building stake

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. 

  • Patrick Hatch

Original URL: https://www.watoday.com.au/topic/fbu-lt