Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Listed Companies
Nine left up to A$5.8M in Stuff after fibre sale to Vocus
Vocus Group paid A$7.7 million to boost its broadband customer numbers by 20,000 when it snapped up Stuff Fibre earlier this year. The sale took place in the run-up to Stuff chief executive Sinead Boucher buying the New Zealand media group and its ongoing liabilities for $1....
Property
Fletcher confirms $196m annual loss, CEO pay falls 40%
As foreshadowed last week, Fletcher Building confirmed an annual net loss of $196 million due to further provisions for legacy construction losses and the impact of the coronavirus crisis.And the annual report shows chief executive Ross Taylor's remuneration has also taken a...
Property
Summerset says tradie tenders down 3-12%
Summerset Group's build progamme has been slowed by the coronavirus crisis but one side effect is that tradies are cutting their prices by anywhere between 3 percent and 12 percent.
Services
Govt fund takes A$1m stake in Thinxtra
New Zealand Green Investment Finance has invested A$1 million in Thinxtra to encourage local firms to deploy the internet-of-things technology to reduce costs and emissions. The investment, the bank’s second, is an “enabler” and should encourage more use of the technology, whi...
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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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articles by Oliver