Exodus to impact Auckland's covid recovery

Exodus to impact Auckland's covid recovery
'City of colour' facing a slow recovery (Image: BusinessDesk)
Brent Melville
Auckland Transport said public transport patronage ramped up to 54% of pre-pandemic levels this week, carrying a daily 204,000 passengers.AT’s metro services acting manager Darek Koper only expects those numbers to climb, helped along by half price transport fares which helped drive a 44% spike in HOP cards sales in the first week after the cuts were introduced.Consumer spending across the city of sails was also broadly up last month. Credit card transaction data from Worldline reported an increase in eftpos retail transactions to almost...

More Property

Fletcher Building MD: ‘It hurts to make these cuts’
Property

Fletcher Building MD: ‘It hurts to make these cuts’

An emotional Andrew Reding says staff understand why the firm has to cut back.

Fletcher Building puts ‘noise’ in the past
Property

Fletcher Building puts ‘noise’ in the past

New directors say shareholders are right to expect more, and they intend to deliver.

Property for Industry says valuation cycle turning
Infrastructure

Property for Industry says valuation cycle turning

It cites strong occupancy, lease terms behind and sees strong 2026.

Staff reporters 21 Oct 2025
Promoter ducked inquiries about inappropriate AdWords use
Property

Promoter ducked inquiries about inappropriate AdWords use

Finbase created 'false impression' its financial products were low-risk, FMA says.

Maria Slade 16 Oct 2025