'Crude' Mainzeal compensation questioned

'Crude' Mainzeal compensation questioned
Victoria Young
Justice David Goddard asked many questions on quantum at yesterday’s Mainzeal Court of Appeal hearing, but appeared unsatisfied with the answers. “So…you can do it a whole bunch of ways, which produce wildly different outcomes, and there’s no expert evidence,” he said to Jenny Shipley’s lawyer Michael Arthur. The answer, in short, was yes, although Arthur said trial judge Justice Francis Cooke had used what evidence he had available to him to come with up the $36 million figure that Shipley and the other three directors were held liable f...

More Infrastructure

‘Remarkable growth’: Fulton Hogan posts higher profit
Economy

‘Remarkable growth’: Fulton Hogan posts higher profit

Fulton Hogan paid a total dividend of $180.4m for 2025.

Duncan Bridgeman 05 Nov 2025
EPA head quits with fast-track changes
Policy

EPA head quits with fast-track changes

The latest fast-track reforms go far beyond supermarket resource consenting.

Could your KiwiSaver soon own your local water system?
Finance

Could your KiwiSaver soon own your local water system?

Founder Sam Stubbs says 90% of Kiwis back the idea of owning local utilities.

Garth Bray 03 Nov 2025
Big names for Wellington Water board
Finance

Big names for Wellington Water board

Credit rating agency warns that water reforms are no council debt panacea.

Pattrick Smellie 31 Oct 2025