New Matariki and Queen holidays will add $5m to CRL project

New Matariki and Queen holidays will add $5m to CRL project
CRL's Sean Sweeney says new holidays are adding to the cost of the project. (Image: NZME)
Brent Melville
The public holiday to honour Queen Elizabeth II will add $1 million to the overall cost of the City Rail Link, according to its chief executive, Sean Sweeney.That's in addition to the estimated $4m bill that the new Matariki holiday will impose on the country's biggest transport project by the time it's complete in 2025.The one-off holiday and state memorial service were announced on Monday, to mark the death of a monarch who reigned for more than 70 years.However, the addition of those contractual holiday costs was a drop in the bu...

More Retail

Briscoe Group says tax changes will hit FY net profit by $7.4m
Retail

Briscoe Group says tax changes will hit FY net profit by $7.4m

New legislation affects depreciation on commercial buildings.  

Rebecca Howard 05 Jul 2024
Liquidators investigate sale of three Pizza Hut stores
Retail

Liquidators investigate sale of three Pizza Hut stores

Maloita sold three Wellington Pizza Hut stores prior to its liquidation.

John Anthony 05 Jul 2024
Laybuy receivers considering offers
Retail

Laybuy receivers considering offers

About 10,000 merchants had signed up to the buy-now pay-later service.

John Anthony 05 Jul 2024
Foodstuffs alleges defamation over merger opinion piece
Retail

Foodstuffs alleges defamation over merger opinion piece

Chapman Tripp lawyers sent letters to the University of Auckland and Stuff.

Gregor Thompson 03 Jul 2024