Infrastructure

Explore the latest infrastructure news by BusinessDesk. 
Summerset says tradie tenders down 3-12%
Infrastructure

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.

Jenny Ruth 19 Aug 2020
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Govt fund takes A$1m stake in Thinxtra
Infrastructure

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...

Gavin Evans 18 Aug 2020
Mercury guides to higher 2021 earnings, dividend
Infrastructure

Mercury guides to higher 2021 earnings, dividend

Mercury NZ increased its dividend for a 12th straight year despite low inflows for its Waikato hydro system and the impact of the covid-19 lockdown. And the country’s third-largest electricity retailer is signalling a further increase next year, with growth in the business and...

Gavin Evans 18 Aug 2020
BRENT MELVILLE: Auckland's big ratepayer-owned Co's need reining in
Infrastructure

BRENT MELVILLE: Auckland's big ratepayer-owned Co's need reining in

Last week's release of a 99-page report into Auckland’s council-owned companies, has confirmed what most ratepayers already know; they act as a law unto themselves. The $650,000 independent review, commissioned by Mayor Phil Goff and the first since the supercity's format...

Brent Melville 18 Aug 2020