Engineering an area of focus for PGF

Engineering an area of focus for PGF
Gavin Evans
The country’s engineering sector will be receiving more support from the Provincial Growth Fund, officials told MPs yesterday.Last month, the fund committed almost $28 million to engineering firms in Southland and Otago - almost $20 million of which went to upgrade KiwiRail’s Hillside workshops in Dunedin.Robert Pigou, head of the Ministry of Business, Innovation and Employment’s provincial development unit, said the Hillside investment fits with KiwiRail’s plans to upgrade the Coastal Pacific and Tranz Scenic tourist services, and its planned...

More Economy

RBNZ seen cutting OCR by 25 bps, flagging easing bias
Economy

RBNZ seen cutting OCR by 25 bps, flagging easing bias

RBNZ is expected to cut its OCR rate to 3% on Wednesday.

Gas insider explains energy pain and solutions
Economy

Gas insider explains energy pain and solutions

Find more energy or face ongoing deindustrialisation, says GIC.

Liquidators looking for buyer for Wellington events company
Economy

Liquidators looking for buyer for Wellington events company

Hiremaster said it is one of Wellington's largest event equipment rental companies.

Gregor Thompson 15 Aug 2025
Crowdfunders told to expect loss as Peoples Coffee sold
Retail

Crowdfunders told to expect loss as Peoples Coffee sold

"I wanted the business to be owned by the people."

Gregor Thompson 14 Aug 2025