First Gas floats shovel-ready project speedup in virus wake
Gas distributor First Gas is looking at whether it can bring forward some projects to contribute to a national pipeline of infrastructure work and to help provide engineering work in Taranaki. The company, with fellow gas distributors Powerco and Vector, today announced a paym...
Weak innovation, competition factors in low productivity
Weaknesses in innovation, international connections, management capability and ownership structures may be holding back the country’s top-performing businesses, the Productivity Commission says. Most of the country’s most productive firms are “well behind” their global peers i...
Electricity use lifts as business switches back on
Electricity demand is about 4 percent higher than a week ago as firms started preparing for limited operations under the more relaxed lockdown rules effective today.Up to 400,000 people were expected to be returning to work today after a five-week shutdown of the economy, joining...
Council backs $75m underwrite for Wellington airport
Wellington City Council has agreed to underwrite a $75 million loan facility as part of refinancing efforts by the city’s airport.The details of the underwrite, to be provided with fellow airport shareholder Infratil, were still to be worked out between the airport and Infratil,...
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