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

No longer 'boutique' Generate is executing, CEO says
Finance

No longer 'boutique' Generate is executing, CEO says

The fund manager is now the seventh-largest KiwiSaver provider.

Gregor Thompson 09 May 2025
ANZ half-year profit surges on non-cash gains
Finance

ANZ half-year profit surges on non-cash gains

Cash earnings were flat, and net interest margin rose slightly.

Pattrick Smellie 08 May 2025
BNZ preserves margins on flat half-year
Finance

BNZ preserves margins on flat half-year

BNZ outranks its Australian cousins for customer preference.

Pattrick Smellie 07 May 2025
Westpac's NZ net interest margin expands again
Finance

Westpac's NZ net interest margin expands again

Net interest margins rose in NZ, but shrank for the group as a whole.

Pattrick Smellie 05 May 2025