Active, planning role urged for new infrastructure body

Gavin Evans
Wed, 22 May 2019

By Gavin Evans May 23 (BusinessDesk) - A proposed national infrastructure commission needs to address gaps in regional planning and could play a more active role in setting standards for smaller councils to work to, lawmakers heard yesterday. The New Zealand Infrastructure Commission needs to be more than just another version of the Productivity Commission if it is to really improve the planning and resilience of the country’s infrastructure, Engineering NZ senior policy advisor Neil Miller says. “There’s a danger that it becomes anoth...
Primary Sector
$25m for Milford tunnel as Southland gets pre-election funding
Brent Melville | Thu, 16 Jul 2020

The Homer Tunnel, a transport lifeline into and out of Milford Sound, Fiordland, will receive a $25 million upgrade as part of a swathe of pre-election government investment into Southland that also i...

Economy
Cheaper petrol, accommodation through lockdown tames inflation
Paul McBeth | Thu, 16 Jul 2020

Cheaper petrol and accommodation slowed the annual pace of inflation through the covid-19 lockdown, more than offsetting price spikes in other consumer goods. The consumers price index shrank 0.5 p...

Retail
Delegat profits up 37%
Victoria Young | Thu, 16 Jul 2020

Wine maker Delegat Group's unaudited profit after tax for the year to June 30 rose 37 percent to $64.1 million, the company reported. The figure includes fair value movements in its vines and deriv...