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

Air NZ crew confirm strike action
Retail

Air NZ crew confirm strike action

FAANZ president Craig Featherby said members felt they had no choice but to strike.

Staff reporters 21 Nov 2025
Reform wave reshapes energy sector as investors circle NZ
Infrastructure

Reform wave reshapes energy sector as investors circle NZ

Nearly half of surveyed offshore investors planning an acquisition.

Ian Llewellyn 21 Nov 2025
Goodman Property looks to full-year earnings growth
Infrastructure

Goodman Property looks to full-year earnings growth

The REIT lifts interim profit, as well as per-unit earnings and net tangible assets.

Andy Macdonald 20 Nov 2025
The back-to-front ferry deal
Opinion

Pattrick Smellie: The back-to-front ferry deal

Will the wharves be ready when the new ferries arrive?

Pattrick Smellie 20 Nov 2025