Fulton Hogan, the privately-held construction firm, says it has ironed out the problems associated with its Pacific Highway project in New South Wales and has recorded a strong first-half result, without disclosing what it is. The Christchurch-based company resolved contractual matters on the rain-delayed Pacific Highway project, which was seen as one of the major causes behind its 90 percent …

Snakk Media, the latest brainchild of Hyperfactory co-founder Derek Handley, almost doubled its share price upon listing on the stock exchange’s small-cap NZAX bourse, and signalled plans for a share purchase plan in the second quarter. The stock traded at 12 cents, almost twice the 6.5 cents it listed at, in a compliance listing on the market, meaning no funds …

New Zealand’s building work grew for a fifth quarter in the final three months of 2012, though the pace of residential construction growth slowed in the period. The volume of all building work grew a seasonally adjusted 1.8 percent in the three months ended Dec. 31, slowing from a 9.8 percent pace of expansion in the September period, according to …