Robert MacCulloch: Auckland University economics professor says the entire Fletcher Building company needs to be broken up - Heather du Plessis-Allan Drive

One business expert says a change in leadership isn't enough to save Fletcher Building.

Yesterday, Chief Executive Ross Taylor and Chair Bruce Hassall both announced their resignation following some lower-than-anticipated half-year results.

Auckland University economics professor Robert MacCulloch says the entire company should be broken up altogether.

"The company should be nationalised, the Government should buy the company and break it up into little bits and sell those bits beck to private operators."

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