Cost blowout: Airport terminal project cost doubles

Cost blowout: Airport terminal project cost doubles
Carrie Hurihanganui says a combination of factors drove the blow-out. (Image: Auckland Airport)
Ella Somers
The price tag on Auckland International Airport’s new domestic terminal has roughly doubled from last year’s suggested "$1 billion-plus" to $2.2 billion, the airport announced today.On top of that, the operator for New Zealand's main international gateway revealed that connecting the domestic and international terminals would cost an additional $1.7b, taking total redevelopment costs for the two terminals to $3.9b.The announcement sparked criticism from airlines, who complained about the impact on ticket prices once th...

More Infrastructure

Our man in Argentina
Policy

Our man in Argentina

What happens when a pescatarian goes to the home of beef?

Oliver Lewis 14 Jan 2025
Fast-track panels to be set up from Feb 7
Policy

Fast-track panels to be set up from Feb 7

Application cost details expected in coming weeks. 

Oliver Lewis 10 Jan 2025
Rail tunnel important for coal exports to reopen
Infrastructure

Rail tunnel important for coal exports to reopen

Miner Bathurst Resources suffered a financial hit from the West Coast tunnel closure.

Oliver Lewis 08 Jan 2025
Infratil $480m injection prevents CDC devaluation
Infrastructure

Infratil $480m injection prevents CDC devaluation

The value of Infratil's holding has grown tenfold since acquisition. 

Gregor Thompson 07 Jan 2025