Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Z Energy cuts forecast by $60m citing 'unprecedented' discounting
By Gavin Evans Sept. 12 (BusinessDesk) - Z Energy has cut its earnings guidance by $60 million, citing “unprecedented” discounting and weaker than expected margins at the Marsden Point refinery. The firm says its earnings before interest, tax, depreciation, amortisation and...
Policy
China 'hopes' NZ will let Huawei into 5G, despite US 'bullying'
By Pattrick Smellie Sept. 12 (BusinessDesk) - China's ambassador to New Zealand, Wu Xi, says her government hopes New Zealand will let Chinese telecommunications company Huawei provide equipment for the country's 5G network despite "trade bullying" from the United States. I...
Economy
Watch and prepare to adopt new technologies - Productivity Commission
By Gavin Evans Sept. 12 (BusinessDesk) - New Zealand should monitor the impact of new technologies on labour markets internationally while looking for ways to improve our capacity to take them up and adapt to any changes that result, the Productivity Commission says. While...
Markets
MARKET CLOSE: NZ shares fall in light trading; power companies come off the boil
By Paul McBeth Sept. 10 (BusinessDesk) - New Zealand shares fell with the major electricity generator-retailers giving up some of their recent gains. Air New Zealand led the market lower. The S&P/NZX 50 Index declined 60.35 points, or 0.5 percent, to 11,142.58. Within the...
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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