Fletcher Building’s board will take a 20 percent pay cut as the building giant continues to struggle with losses in its building and interiors business.

The niche dairy products company, Lewis Road Creamery, has found a major new shareholder to fund its expansion.

Trading in Fletcher Building shares has been suspended ahead of announcements tomorrow about its profit outlook, a review of last year’s loss-making projects, and a new chief executive.

About 100 Fletcher Building workers from Waikato to Northland are going on strike this morning in frustration at stalled pay negotiations.

The new government could help revive forestry by favouring wooden buildings, the Wood Council of New Zealand says.

Mediawatch – The politicians who negotiated our new government were pursued by a press pack throughout the process. Why did reporters spend draining days following their every move?

A shared vehicle system could reduce the number of cars in cities to a little as 4 percent of current numbers, new research shows.

Traditional media are not as threatened by social media as news managers say, the Commerce Commission said today during the Stuff/NZME merger hearing.

Immigration has come down from its record peak, with one economist saying the economy could slow as a result.

Analysis – Is NZ heading for an economic slowdown? RNZ’s business editor Gyles Beckford takes a look at the numbers.