Exodus to impact Auckland's covid recovery

'City of colour' facing a slow recovery (Image: BusinessDesk)

Fri, 06 May 2022

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...

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Markets

Another solar farm gets the nod from Genesis

Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...

Ian Llewellyn 9:40am

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