Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
Contractor retentions regime a lemon, industry told
A legal expert says the retentions regime meant to protect subcontractors has turned out to be a lemon that will not protect them in the vast majority of construction company collapses. Martelli McKegg partner Geoff Hardy told delegates at an industry conference that the law whic...
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Infrastructure
Wellington Drive remains in the black as it raises operating forecast
Wellington Drive Technologies has posted a $580,000 net profit for the nine months ended September. However, that's down from the first-half net profit of $770,000 and the company says the full-year bottom line will be about break even. Despite the bottom-line decline the com...
Infrastructure
OMV plans further maintenance at Pohokura
OMV plans further maintenance at the Pohokura gas field next year, which may reduce production from the offshore portion of the field. The company, which took over as field operator in December, had already signalled a two-week shutdown of Pohokura’s onshore processing plant i...
Infrastructure
Transmission changes may discourage new generation - Tilt, Oji
Tilt Renewables says proposed changes to transmission pricing may make it harder to fund new generation projects, particularly regional projects or those developed by smaller players.The Electricity Authority’s plan to allocate some transmission costs on the basis of estimated be...
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