Transport focus in first reveal of $12b infrastructure spend

Transport focus in first reveal of $12b infrastructure spend
Paul McBeth
The government lifted the veil on the well-flagged transport component of its $12 billion of extra infrastructure spending in a programme seen as creating up to 1,000 jobs in the coming year.Prime Minister Jacinda Ardern was flanked by senior ministers, including her deputy, Winston Peters, and Finance Minister Grant Robertson, outlining the $6.8 billion of new spending on a mix of road and rail projects. Some were projects announced by the previous administration, but left unfunded.“This is a once-in-a-lifetime opportunity to invest in New Zea...

More Economy

RBNZ assistant governor resigns
Economy

RBNZ assistant governor resigns

The announcement comes just weeks after governor Adrian Orr suddenly quit.

John Anthony 17 Apr 2025
Annual inflation lifted 2.5% in the first quarter
Economy

Annual inflation lifted 2.5% in the first quarter

The lift was a tad higher than RBNZ forecasts. 

Staff reporters 17 Apr 2025
Slight inflation lift won't stop rate cuts thanks to trade war
Economy

Slight inflation lift won't stop rate cuts thanks to trade war

Most economists expect annual inflation lifted to 2.4% in 1Q.

Rebecca Howard 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025