Premier House, a heritage building with various style additions, is the new residence of the Prime Minister after renovations were completed. Valued at $37 million, the property received interior updates like a new paint job and curtains. The move marks a shift from the PM’s Wellington apartment to the official residence.
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Fletcher Building expects $575m to $781m hit to bottom line: New losses forecast
Fletcher Building has projected significant items impacting its financial results, estimating losses between $573 million and $781 million for the fiscal year ending June 30, 2025. Prior to accounting for these losses, the company anticipates earnings before interest and tax (EBIT) of $386.4 million to $391.4 million, with institutional investors expressing concerns over lowered profit expectations. Need More Context? 🔎
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