Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
Light rail decision coming; Twyford won't discuss cost blowout
Transport Minister Phil Twyford has confirmed a Cabinet decision on the Auckland light rail project will be made "shortly", countering a suggestion by New Zealand First leader Winston Peters yesterday that the ambitious project had been suspended. However, Twyford dodged quest...
Infrastructure
Trustpower trims dividend, forecast for covid impacts
Trustpower is picking a modest lift in operating earnings for the current financial year, reflecting dry conditions in the North Island and an expected increase in bad debts from the covid-19 crisis. New Zealand’s fifth-largest retailer today reported a 16 percent drop in earn...
Infrastructure
Napier Port reports 'material' freight reduction, cancels interim dividend
Freight volumes through Napier Port last month were down 40 percent and the company is expecting May's trade to also be down “materially” on the same period last year. The company, which today reported a 39 percent increase in net profit for the six months ended March 31, has...
Infrastructure
More private investment needed in low-emission energy post-covid
Keeping the world’s transition to a lower carbon economy on track post-covid will require greater private sector investment, New Zealand energy executives heard last week. The public spending that will be required to get countries out of the global recession underway will leav...
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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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