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Podcast: The Front Page
Episode: Inside Fletcher Building's big loss - and wider worries for the construction industry
Description: A horror half-year result has exposed major issues for Fletcher Building. One of/The largest construction companies in New Zealand reported a 120-million-dollar loss earlier this week, causing their share prices to plummet and forcing multiple key resignations. Fletcher Building is not the only organisation in the industry reeling from losses, as a grim outlook of declining consents and rising building costs suggests a tough time ahead. So, what is driving these woes, and how widespread is the issue around the country? Today on The Front Page, NZ Herald’s Property In...