Infrastructure

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NZOG minorities remain divided
Infrastructure

NZOG minorities remain divided

Shareholders in New Zealand Oil & Gas remain divided, with none of the rebel board candidates nominated as a vote against major shareholder OG Oil & Gas attracting more than 7.5 percent support at today’s annual meeting. Investors, still angry at the firm’s handling of the sch...

Gavin Evans 12 Dec 2019
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Fuel market study expected to cost $2.5m
Infrastructure

Fuel market study expected to cost $2.5m

The Commerce Commission’s study of retail fuel competition is expected to have cost about two-thirds more than was budgeted for that type of market study.Commission chair Anna Rawlings told MPs today that the cost of the fuel study, the first under new powers granted to the compe...

Gavin Evans 12 Dec 2019
Govt urged to bridge tourism infrastructure shortfall
Infrastructure

Govt urged to bridge tourism infrastructure shortfall

Local councils need to make better use of central government tools to make sure tourism infrastructure is up to scratch, according to the Productivity Commission.Record levels of international tourism have stretched facilities up and down the country, however, those visitors more...

Paul McBeth 12 Dec 2019
Auckland port relocation decision by mid-2020, says Jones
Infrastructure

Auckland port relocation decision by mid-2020, says Jones

New Zealand First is pressing for a Cabinet decision on relocating Auckland's main port facilities to Northport, near Whangarei, in the first half of next year, ahead of the 2020 election.Associate Transport Minister Shane Jones said in a statement today that a "short work progra...

Pattrick Smellie 12 Dec 2019