Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
Slowing new car market sees Kiwis squeezing more out of ageing fleet
By Paul McBeth Aug. 16 (BusinessDesk) - The slowing market for new car sales has weighed on dealers' earnings but has been a boon for the likes of Super Cheap Auto as people try to get more out of their ageing vehicles. Motor Industry Association data show new car registrat...
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Infrastructure
ComCom pushes Fonterra on impact of carbon reductions
By Rebecca Howard Aug. 15 (BusinessDesk) - The Commerce Commission wants more information from Fonterra Cooperative Group on what it thinks the cost of cutting carbon emissions will have on the milk price paid to farmers. Fonterra’s manufacturing sites source around 40 per...
Infrastructure
Cannasouth issues shares to fund cultivation facility
By Paul McBeth Aug. 14 (BusinessDesk) - Cannasouth will raise another $1 million from an issue of new shares, just two months after its initial public offer, to fund a joint venture to build and own a cannabis cultivation facility. The medicinal cannabis research firm, whi...
Infrastructure
Vodafone lands Microsoft executive for business role
By Victoria Young Aug. 13 (BusinessDesk) - Vodafone New Zealand boss Jason Paris has made a key appointment to the telco’s executive team, snaring Microsoft executive Lindsay Zwart. Heading up the division which sells products to businesses, as opposed to individual consum...
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