Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Retail
2degrees to lay off 120 staff, slash costs as covid-19 hits revenue
Two Degrees Mobile will lay off 120 staff as part of a wider cost-cutting drive to offset the decline in revenue brought on by the covid-19 crisis.The country’s third mobile player said it’s working through a range of initiatives to strip out costs and plans to cut its 1,200-stro...
Primary Sector
Processors push wooden construction as part of covid-19 recovery
Making wooden construction a priority in government and public buildings will reduce long-term emissions, boost national income and encourage development of a bigger domestic processing industry, forestry advocates say.Processors are urging the government to implement a national...
Development of OMV discovery could deliver $1b-plus to Crown
Development of an oil and gas discovery off the Taranaki coast has the potential to deliver the government more than $1 billion in royalties and taxes and could help secure long-term energy supply if there is sufficient gas to warrant piping it ashore.Energy consultancy Enerlytic...
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OMV makes 'exciting' offshore Taranaki gas find
OMV has reported gas and liquids in the final well of its recent offshore drilling campaign.Full testing wasn’t able to be completed because of the covid-19 lockdown, but the company said the well, drilled to a depth of more than four kilometres, showed hydrocarbons in several la...
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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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