Project 'health checks' sought as infrastructure blowouts continue

Project 'health checks' sought as infrastructure blowouts continue
Nicola Willis, moments after announcing the government had rejected a bid for extra funding from KiwiRail for its ferry replacement project. (Image: BusinessDesk)
Oliver Lewis
In the context of seemingly endless infrastructure cost blowouts, finance minister Nicola Willis has asked ministers to conduct health checks of key projects in their portfolios.Willis delivered her anticipated mini budget on Wednesday, outlining $7.4 billion of savings she described as a downpayment to help cover the cost of tax cuts the government intends to unveil at the budget next year.The mini-budget, which Labour attacked as failing to provide a coherent economic plan, was released alongside Treasury's half-year economic and fiscal u...

More Infrastructure

Fletcher exits Pūhoi toll road investment
Infrastructure

Fletcher exits Pūhoi toll road investment

The $20.2m sale ends Fletcher’s equity role in the Pūhoi to Warkworth toll road.

Staff reporters 10 Nov 2025
EPA’s Allan Freeth sets record straight
Primary Sector

EPA’s Allan Freeth sets record straight

Resignation news a simple case of "bad timing", says environment watchdog CEO.

Pattrick Smellie 07 Nov 2025
War on Nature v Going for Growth
Opinion

Pattrick Smellie: War on Nature v Going for Growth

Some big environmental eggs were broken this week to 'go for growth'.

Pattrick Smellie 07 Nov 2025
‘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