'Price shock': $150m blowout for Christchurch stadium

'Price shock': $150m blowout for Christchurch stadium
A design render of Christchurch's new stadium, Te Kaha. (Image: Supplied)
Oliver Lewis
The cost of Christchurch’s new stadium has blown out to as much as $683 million, $200m more than its initial budget.Christchurch City Council chief executive Dawn Baxendale and Barry Bragg, chair of the board overseeing the project, presented the cost update at a briefing on Wednesday.“It’s fair to say we’ve gone from a price rise to a price shock,” Bragg said, adding the doubling or even trebling of commodity prices caused by global supply chain issues and the war in Ukraine had led to an exponential increase in t...

More Infrastructure

What Infratil likes about Contact Energy
Infrastructure

What Infratil likes about Contact Energy

Infratil is keeping its options open, while TECT diversifies.

Asset recycling: privatisation or better housekeeping
Policy

Asset recycling: privatisation or better housekeeping

On asset recycling, Silvana Schenone cites Marie Kondo rather than Milton Friedman.

New directors appointed to NZ infrastructure boards
Infrastructure

New directors appointed to NZ infrastructure boards

New directors have been appointed to the boards of Crown Infrastructure Delivery (CID), National Infrastructure Funding and Financing (NIFFCo), and the New Zealand Infrastructure Commission.Infrastructure Minister, Chris Bishop, highlighted the expertise the new and reappointed d...

BD AI 16 Oct 2025
'Meth' ministry moves: staffing data sought for four-way merger
Infrastructure

'Meth' ministry moves: staffing data sought for four-way merger

Work is progressing on a four-ministry merger with the pejorative nickname ‘Meth’.

Dileepa Fonseka 14 Oct 2025