Plenary, Infrastructure NZ ‘disappointed’ by courthouses PPP funding miss

Plenary, Infrastructure NZ ‘disappointed’ by courthouses PPP funding miss
The Ministry of Justice unsuccessfully sought funding in Budget 2025 for its PPP courthouse project to replace courts in Rotorua, pictured, and Auckland. (Image: NZME)
Oliver Lewis
One of the largest private infrastructure investors in Australia expressed disappointment at the New Zealand Government not funding a major courthouse replacement project in Budget 2025.Ministers promoted the project – a public-private partnership (PPP) to build and maintain new facilities in Auckland and Rotorua – to investors at the NZ Infrastructure Investment Summit in March.In a press release from the summit, Courts Minister Nicole McKee said the project was one of real significance, with an estimated capital investment of over...

More Finance

Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025
Heartland Group’s Q1 trading solid, not without challenges
Finance

Heartland Group’s Q1 trading solid, not without challenges

Heartland Group reports solid Q1 performance as NZ business conditions challenging.

Staff reporters 24 Oct 2025
Kiwibank eyes a fairer fight with the Aussie big four
Finance

Kiwibank eyes a fairer fight with the Aussie big four

Kiwibank, partway through a $500m capital hike, sells growth and culture stories.

Andy Macdonald 23 Oct 2025
FNZ case adds plaintiffs in latest legal twist
Finance

FNZ case adds plaintiffs in latest legal twist

Employee shareholders at FNZ are using a second entity.

Victoria Young 22 Oct 2025