Cyclone Gabrielle: who's profiting from the Hawke's Bay rebuild?

Cyclone Gabrielle: who's profiting from the Hawke's Bay rebuild?
The damage to Brookfields bridge outside Napier on Feb 19. (Image: Getty)
Riley Kennedy
Cyclone Gabrielle ripped much of the North Island's East Coast to pieces. Critical infrastructure was brought down, creating a pipeline of years’ worth of work to rebuild. In the second part of BusinessDesk's series on the Hawke's Bay recovery, we look at who might profit from its aftermath.Gavin O’Connor admitted that if you were a roading contractor in Hawke’s Bay towards the end of last year, things were looking a bit quiet.“The forward outlook wasn’t looking all that healthy. There were project...

More Finance

FNZ extends controversial catch-up offer
Finance

FNZ extends controversial catch-up offer

Fintech FNZ has extended its deadline for “catch-up” equity offers, as employee shareholders say discontent grows.In March, the global fintech offered its class B shareholders a “catch-up” offer after it revealed their holdings could be massively diluted following its August capi...

Victoria Young 16 Apr 2025
The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Blackbull backs Eden Bradfield into Elevation funds
Finance

Blackbull backs Eden Bradfield into Elevation funds

The Christopher Swasbrook-established fund gets new investors and portfolio manager.

Govt eagle-eyed on ComCom interchange fees decision
Finance

Govt eagle-eyed on ComCom interchange fees decision

Open banking depends on sustainable interchange fees, Minister Scott Simpson says.

Pattrick Smellie 11 Apr 2025