Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Property
Steel & Tube plans up to 200 staff layoffs
Steel & Tube is planning to make up to 200 staff redundant and warned restructuring efforts and other costs will hurt this year's bottom line.
Economy
Brian Gaynor: BRIAN GAYNOR: Why oil prices fell below zero
Negative oil prices early this week attracted substantial media commentary. How could this happen, and does it tell us anything about the global economy at present?
Law & Regulation
Council backs $75m underwrite for Wellington airport
Wellington City Council has agreed to underwrite a $75 million loan facility as part of refinancing efforts by the city’s airport.The details of the underwrite, to be provided with fellow airport shareholder Infratil, were still to be worked out between the airport and Infratil,...
Primary Sector
Bathurst loses appeal against US$40m performance payment
Bathurst Resources has lost its appeal against a US$40 million performance payment on coal production from its mothballed Buller operations. The company, New Zealand’s biggest coal miner, said it’s reviewing its legal options after the Court of Appeal confirmed the 2018 decisi...
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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