A Kiwi with a history of driving offences, Daniel Phillip Hancy, 39, has been deported from Australia after crashing into a motorcyclist and two cars while intoxicated, resulting in significant injuries to one individual. He has been held in a Brisbane immigration detention center pending an appeal regarding his immigration status. However, the Administrative Review Tribunal of Australia upheld the immigration minister’s decision to cancel Hancy’s visa due to his criminal behavior, leading to his imminent return to New Zealand.
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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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