Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Listed Companies
Govt in talks with Air NZ on virus package
Finance Minister Grant Robertson says he is still in talks with national carrier Air New Zealand, which is excluded from a $600 million package for the aviation sector.The government outlined an indicative plan – subject to Cabinet approval - in the broader aviation sector to pro...
Listed Companies
Mainfreight says world's freight lanes remain open
Mainfreight said the world's freight trade lanes remain open and that its own trading this calendar year remains ahead of where it was in 2019."Although we are heading into a period of uncertainty, the world's freight trade lanes remain open," the company told NZX."All 275 of Mai...
Markets
Auckland Airport, Vista can dividends; F&P Health on the up
Auckland International Airport and Vista Group International both cancelled dividends to protect their balance sheets as the global pandemic clouds their outlook.However, breathing mask respirator maker Fisher & Paykel Healthcare raised its earnings guidance as the benefit of a w...
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Markets
Brian Gaynor: BRIAN GAYNOR: Oil prices dive - what’s the problem?
The sharp decline in oil prices is a simple case of Economics 101, particularly the laws of supply and demand.United States production of petroleum and other liquids has increased dramatically in recent years and it is now the world’s largest producer by a wide margin. Only 15 ye...
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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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