Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Property
Stride sees flat dividend for another year as profit falls on smaller revaluation gain
By Paul McBeth May 29 (BusinessDesk) - Stride Property Group posted a 20 percent drop in annual profit due to a smaller property revaluation gain. It expects to pay a flat dividend for another year as it continues with a new strategy of managing other people's properties as we...
Markets
Harker says Tilt wants to keep faith with retail shareholders
By Jenny Ruth May 29 (BusinessDesk) - Tilt Renewables decided to write to shareholders outlining the reasons why it isn’t paying a final dividend to pay “full respect” to its broad investor base, particularly its retail shareholders, says chair Bruce Harker. Many of those s...
Property
Advent Gold defers listing plan after Waihi decision
By Gavin Evans May 29 (BusinessDesk) - Advent Gold has deferred plans for an initial share offer on the ASX following the government’s rejection of a land sale for a new tailings operation at OceanaGold’s Waihi mine. The firm, which has an exploration permit near Reefton an...
Economy
NZ can play role in minerals-intensive shift to low-carbon - Parker
By Gavin Evans May 28 (BusinessDesk) - The global shift to a lower carbon economy will require greater development of mineral resources and New Zealand is well-placed to show how that can be done, Economic Development Minister David Parker says. Rapidly developing energy te...
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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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