Articles by Anne Gibson
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Business
Commerce Commission taking legal action over GIB customer rebates
Friday, 1 November 2024, 11:20amThe Commerce Commission is taking action against Fletcher Building’s Winstone Wallboards over customer rebates on its Gib-branded...
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Business
Trading halt for Fletcher Building, $700m capital raise announced
Monday, 23 September 2024, 10:59amTroubled dual-listed building giant and manufacturer Fletcher Building has gone into a trading halt, announcing it wants...
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Business
Colossal new Kmart for Auckland: Biggest NZ store planned
Wednesday, 11 September 2024, 7:07am- Melbourne-based boss announced a vast new Kmart store for Auckland’s Westgate. - At 6700sq m, this is planned to be the...
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Business
Fletcher Building’s Iplex Pipelines Australia: $168m hit for Perth leaky pipes
Friday, 30 August 2024, 2:44pmIplex Pipelines Australia, a subsidiary of NZX and ASX-listed Fletcher Building, will provide A$155m ($168m) to pay for the...
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Business
'NZ's biggest Asian supermarket' opening at Westgate
Tuesday, 27 August 2024, 9:16amA new $20 million Asian food store will open at Auckland’s Westgate this Thursday, with one of its operators saying it will...
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Business
Auckland property developer placed into interim receivership, police at property
Friday, 2 August 2024, 1:13pmThe High Court has put Auckland apartment developer Du Val Capital Partners and other Du Val Group companies into interim...
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Business
Five-day SkyCity casino closure dates out
Friday, 2 August 2024, 11:03amSkyCity Entertainment Group has announced the dates of its five-day shut-down of the Auckland casino after an agreement with...
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Business
'Pay up': Council wants $200k from Gulf Harbour Country Club owner for fire costs
Friday, 19 July 2024, 1:37pmAuckland Council wants the company that owns Gulf Harbour Country Club to reimburse it $200,000-plus for post-fire demolition...
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Business
SkyCity casino to shut for five days, licence suspended temporarily
Thursday, 18 July 2024, 8:49amSkyCity Entertainment Group will shut its Auckland casino for five days after an Internal Affairs prosecution for breaches...
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Auckland
Queenstown’s Westwood Group buys Ponsonby Central
Tuesday, 2 July 2024, 3:32pmQueenstown’s Westwood Group has bought Auckland restaurant/cinema/office hub Ponsonby Central, estimated to be valued at...
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Business
Cartel ran 'virtually uninterrupted' for nearly 20 years
Tuesday, 2 July 2024, 11:43amA Canterbury cleaning company has been fined $51,000 for engaging in a cartel, the Commerce Commission says. The High Court...
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Business
Crossing the bridge: One NZ leaving North Shore for new $550m site
Tuesday, 25 June 2024, 11:28amAround 1200 staff at the national headquarters or support office of One NZ will leave Takapuna’s Smales Farm for Mansons...
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Business
SkyCity shares tumble on suspended dividend, profit downgrade
Thursday, 6 June 2024, 12:01pmSkyCity shares tumbled after it downgraded its earnings expectations for the 2024 financial year and suspended dividends...
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Business
Precinct Properties' $300m-plus Auckland splurge
Wednesday, 5 June 2024, 9:25amNZX-listed landlord Precinct Properties is making a $300 million-plus Auckland apartment development push in a three-pronged...
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National
'Like containers' - new Chinese-built apartments shock Sandringham
Tuesday, 28 May 2024, 9:26amNew public housing units craned onto a Sandringham site have shocked locals who said the places looked more like shipping...
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Business
SkyCity strikes deal with Internal Affairs over anti-money laundering breaches
Tuesday, 21 May 2024, 9:59amSkyCity has struck a deal with the Department of Internal Affairs to resolve court proceedings started in February for non-compliance...
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Business
A touch of Egypt in Auckland: What's behind this rooftop film set?
Wednesday, 1 May 2024, 11:07amA towering Egyptian-themed temporary film set has been built above Auckland’s Les Mills International’s carpark. Phillip...
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National
Protected Norfolk Island Pine was felled for more development
Wednesday, 24 April 2024, 11:03amA giant Norfolk Island Pine in Papatoetoe which was felled made way for more development, although the owner told a court...
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Business
Sir Colin Giltrap, philanthropist and Giltrap Group founder, dies
Thursday, 18 April 2024, 10:07amSir Colin Giltrap, the philanthropist and businessman who founded the influential and powerful Giltrap Group about 60 years...
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Auckland
Houses for sale flood Auckland market, hit 11-year peak
Tuesday, 5 March 2024, 1:14pmThe number of Auckland houses for sale with one agency has hit an 11-year peak to the point where 5382 properties are now...
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Crime
Police arrest two women after fire-activating thieves hit Mitre 10 Westgate
Monday, 19 February 2024, 2:19pmPolice have arrested two women after what they termed “a brazen theft” using the fire alarm at Mitre 10 Westgate. Inspector...
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Business
Ryman Healthcare downgrades profit outlook, cites slower sales, lower margins
Monday, 19 February 2024, 10:24amNew Zealand’s biggest listed retirement company, Ryman Healthcare, has downgraded its profit outlook from $300 million-$330m...
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Business
Fletcher Building makes $120m loss, CEO and chair resign
Wednesday, 14 February 2024, 9:31amFletcher Building has made a $120 million net loss after tax in its interim result and its chief executive has resigned,...
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Business
Fletcher Building: $180m extra for NZ International Convention Centre, car parks
Monday, 5 February 2024, 10:51amFletcher Building has delivered grim news today on two big projects, taking a $180 million hit to accounts. The company’s...