Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Law & Regulation
Air NZ loses jet fuel disruption claim against Z Energy
By Gavin Evans June 7 (BusinessDesk) - Air New Zealand has lost its bid for compensation from Z Energy for losses during the September 2017 fuel shortages in Auckland. The national carrier had gone to the High Court seeking compensation from both BP and Z, arguing the firms...
Policy
Transmission Gully contractor lodges material claim against NZTA
By Paul McBeth June 7 (BusinessDesk) - With less than a year until it’s scheduled to open, the contractor tasked with building and maintaining the 27-kilometre Transmission Gully highway north of Wellington has lodged a claim big enough for the New Zealand Transport Agency to...
Property
NZ building activity hits three-year high in March quarter
By Rebecca Howard June 7 (BusinessDesk) - New Zealand's building activity hit a three-year high in the March quarter as non-residential building volume growth continued to push higher and as residential construction was also strong. The volume of building work put in plac...
Services
Mercury eyes $300M capital bond offer to refinance existing notes paying 6.9%
By Paul McBeth June 7 (BusinessDesk) - Mercury NZ plans to raise up to $300 million of subordinated capital bonds, which it will use to refinance an equal amount of listed debt currently paying 6.9 percent interest. The electricity generator and retailer said it plans to s...
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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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