Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Property
Convention centre fire 'immaterial' to SkyCity's 2020 operating earnings
Casino operator SkyCity Entertainment Group says the impact of the Auckland international convention centre fire will be "immaterial" to the group's operating earnings in the 2020 financial year.However, an assessment of the fire's impact on reported and normalised net profit aft...
Trustpower trims FY guidance after 1H earnings plunge
Trustpower has trimmed its full-year earnings guidance after low hydro inflows and repair costs to a power station cut the company’s underlying first-half profit by 25 percent.The company is expecting earnings before interest, tax, depreciation, amortisation and changes in financ...
Policy
Methane satellite mission control in New Zealand
An international space mission to help tackle climate change will be based in New Zealand as the government works toward a goal of net-zero carbon emissions by 2050.Research, Science and Innovation Minister Megan Woods announced the government is putting $26 million toward Methan...
Z, partners eye $32m-plus spend on Auck airport fuel supply
Z Energy and its partners in the Wiri fuel terminal believe it may cost more than $32 million to increase jet fuel storage there and on the site’s pipeline to Auckland International Airport.Z, BP and Mobil are investigating options to increase fuel delivery capacity to the airpor...
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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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