How to get private capital into public infrastructure: Napier's example

How to get private capital into public infrastructure: Napier's example
The regional council kept majority ownership in the Napier's port and received $100m from the sale to invest into a "future fund". (Image: Napier Port)
Todd Dawson
Over the past eight weeks, Napier Port has been a community base for the ongoing response to Cyclone Gabrielle as our region continues what will be a long recovery for our homes and businesses, our primary production sector and our infrastructure.In the immediate aftermath of the cyclone, the port was the only entry point to Napier as our roading and rail networks were compromised from all sides. KiwiRail and Waka Kotahi have done an admirable job of restoring some access, but repairing the network fully is going to take a very long time a...

More Finance

December interest rate cut uncertain: Fed governor
Finance

December interest rate cut uncertain: Fed governor

Lisa Cook says the timing of further reductions will depend on new data.

Bayly to banks: ‘Just get on with it’
Finance

Bayly to banks: ‘Just get on with it’

Minister Andrew Bayly is impatient for the changes needed to improve competition.

Ben Moore 20 Nov 2024
‘Regulatory failure’ let NZ’s payments fall behind
Finance

‘Regulatory failure’ let NZ’s payments fall behind

NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.

Ben Moore 19 Nov 2024