Treasury turns to KPMG principal for ferry advice

Treasury turns to KPMG principal for ferry advice
The grounding of the Aratere highlighted the need for new ferries. (Image: NZME)
Oliver Lewis
Treasury has shoulder-tapped an experienced infrastructure professional to assist with advice around possible new Interislander ferries.Issues with the existing fleet were brought to the fore again over the weekend when Aratere, on a freight-only sailing out of Picton, lost steering and ran aground in the Marlborough Sounds.No one was injured and minimal damage has been discovered so far, but the incident – which comes after the Kaitaki lost power and drifted towards the Wellington coast last year – served to highlight the risks ass...

More Infrastructure

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.

US$411b on the table: will NZ claim a slice?
Primary Sector

US$411b on the table: will NZ claim a slice?

Infrastructure will be a major focus of the NZ EU Summit, but Ukraine might be too.

Dileepa Fonseka 24 Oct 2025
Wellington Airport's half-year passenger numbers down, net loss up
Infrastructure

Wellington Airport's half-year passenger numbers down, net loss up

A fall in domestic passenger numbers has been blamed on Air NZ's fleet problems.

Staff reporters 23 Oct 2025
Marsden Maritime Holdings CEO Rosie Mercer standing down
Infrastructure

Marsden Maritime Holdings CEO Rosie Mercer standing down

Marsden Maritime Holdings' chief executive, Rosie Mercer, is stepping down at the end of the year.After three years in the job, she said the decision was a natural transition point for her and the company, as Marsden Maritime Holdings (MMH) was in a strong position and well-p...

Ian Llewellyn 23 Oct 2025