Infrastructure Exclusive

Treasury wanted local, not crown leadership on Christchurch stadium

Oliver Lewis
Fri, 29 Jul 2022

Treasury wanted local, not crown leadership on Christchurch stadium
Officials said there was a real risk of Christchurch's $683 million new stadium project, Te Kaha, exceeding its budget. (Image: Christchurch City Council).
Oliver Lewis
Fri, 29 Jul 2022
Treasury officials strongly favoured a council-led approach for the delivery of the new Christchurch stadium, newly released documents show.This is significant because some commentators have suggested that Christchurch mayor Lianne Dalziel and Christchurch city council executives spurned offers for the crown to lead delivery of the now $683 million project. If this had happened, the crown would have assumed more risk and taken responsibility for at least part of the cost overruns.Briefings from Treasury officials to the then greater Christchurc...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
A2 shares plunge over FDA formula deferral
Staff reporters | Wed, 10 Aug 2022

A2 shares dropped 11% to $5.01 in early morning trading opened but made up a bit of lost ground by the end of the day.

Tourism needs to 'embrace' job-sharing to spur recovery – report
Brent Melville | Wed, 10 Aug 2022

An industry that lost more than a third of its workforce during the pandemic needs to start thinking differently about work sharing.

Primary Sector
A2 Milk gets shot down because of issues in application
Rebecca Howard | Wed, 10 Aug 2022

The FDA continues to work around the clock to address current supply challenges, including reviewing a number of requests from manufacturers for enforcement discretion, as quickly as possible, a spokesperson said. 

A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.

Energy of the future: Why we need innovation

The Tomorrow’s Energy Today conference is looking at ways to develop a clean, affordable and reliable energy future, says Brendan Winitana, chair of the Sustainable Energy Association New Zealand (SEANZ).