Property

Watercare will find $122m to help keep council afloat

Brent Melville
Tue, 15 Sep 2020

Water infrastructure charges levied into Auckland's hot property development market could provide enough liquidity to keep council from drowning in debt, says outgoing Watercare chief executive Raveen Jaduram.The anticipated higher returns, which will come in the form of infrastructural growth charges, will form a large part of 'debt impact mitigation' which Watercare estimates could come in at $122 million. That's almost half the expected $224 million in capital spending and $15 million in operational costs projected as part of...

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Opinion

GLENN TURNER: Running NZ Cricket into the ground

Glenn Turner | Sun, 20 Sep 2020

The world is in the middle of a pandemic, and those running sport are crying out for special treatment because of the dubious state of their finances.

Primary Sector

Fonterra boss pleased with profit but still has work to do

Rebecca Howard | Sat, 19 Sep 2020

Fonterra is well on track to revamping the cooperative, boosting earnings and slashing debt, but chief executive Miles Hurrell says the job isn’t done.

Opinion FREE

JEHAN CASINADER: People who are struggling won’t always ask for help

Jehan Casinader | Sat, 19 Sep 2020

Companies that think an Employee Assistance Programme counts as a wellbeing policy need to think again.