Dusty work: inner city businesses 'forgotten', abandoned

Dusty work: inner city businesses 'forgotten', abandoned
Aotea Square: shut down until mid 2023. (Image: CRL)
Brent Melville
Business owners in Auckland central say lockdowns and construction have created a ‘perfect storm’ for trading – making last year a torrid affair.The level of work in the city is at its highest level in eight years, largely driven by civil and infrastructure work. That includes the $4.6 billion City Rail Link, and Watercare’s $1.2b central interceptor tunnel project. The rail link, the country’s biggest infrastructural spend, marked a major hurdle just ahead of Christmas when its tunnel boring machine broke thr...

More Retail

Star on a losing streak, but what about SkyCity?
Retail

Star on a losing streak, but what about SkyCity?

Australasian casinos are disproving the idea that the house always wins.

Dileepa Fonseka 14 Jan 2025
Hospitality spending hit hardest in 2024
Retail

Hospitality spending hit hardest in 2024

Core retail spending grew at the slowest rate in five years.

Gregor Thompson 13 Jan 2025
Spotlight profits bounced back in 2024
Retail

Spotlight profits bounced back in 2024

The home goods store reported a 64.5% uptick in profits for 2024.

Gregor Thompson 13 Jan 2025
Briscoe Group downgrades FY guidance after slow December
Retail

Briscoe Group downgrades FY guidance after slow December

The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.

Gregor Thompson 10 Jan 2025