Infrastructure
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Infrastructure
Puhoi to Warkworth PPP claim adds pressure to stretched land transport fund
The New Zealand Transport Agency has provided for an $83 million claim on the unfinished $709.5 million Puhoi to Warkworth road, adding even more pressure to an already stretched budget.The project is the second public-private partnership used by the NZTA and, like Transmission G...
Infrastructure
Govt risk from Tamarind's onshore activities limited - Woods
The government says it has taken additional measures to ensure Tamarind Resources meets obligations under its remaining New Zealand oil and gas licences. The firm, which surrendered the offshore Tui oil field earlier this year after the collapse of its Tamarind Taranaki busine...
Infrastructure
Air NZ sees underlying loss of up to $120m
Air New Zealand expects to report an underlying loss of up to $120 million in the June year due to the covid-19 pandemic, and that’s before one-off hits of up to $624 million. The national carrier said it expects to report a pre-tax loss before significant items of up to $120...
Infrastructure
IEA lifts oil demand forecast on China, India rebound
A faster than expected recovery in China and India has prompted the International Energy Agency to raise its forecast for global oil use this year. The agency is expecting demand to average 91.7 million barrels a day in 2020 – a reduction of 8.1 million barrels from last year...
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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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