Infrastructure
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Infrastructure
Fletcher cancels dividend, suspends buyback, withdraws guidance
Fletcher Building is withdrawing its annual profit guidance, cancelling its first-half dividend and suspending its share buyback programme to focus on preserving liquidity through the coronavirus crisis. The company has also paused the process of selling its Rocla business....
Infrastructure
Aurora gets virus extension on $5m fine
Dunedin electricity distributor Aurora Energy has gained additional latitude over the payment of almost $5 million of penalties due to the coronavirus crisis.The firm, which is planning a $400 million, three-year programme to catch up on over-due maintenance and meet a surge in d...
Infrastructure
Airlines told to find ways to keep freight moving
Transport Minister Phil Twyford wants airlines to put forward proposals to keep capacity on key air freight routes for at least the next six months.Up to $330 million will be made available to ensure those routes are maintained, and to deal with any other issues that may arise in...
Infrastructure
Nanny agency aims to provide childcare to essential workers
An agency that normally specialises in matching au pairs with families is working to assist families of workers performing essential services with children at home because of the coronavirus crisis.The agency, Dream Childcare, is also calling on workers who have been laid off but...
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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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