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Infrastructure
Ports of Auckland drops dividend; outlook darkens
Ports of Auckland won’t pay a first-half dividend to the city as its automation programme eats into earnings and the coronavirus outbreak weighs on transport movements.The port operator said it wouldn’t make an interim payment and expected to pay a lower annual dividend than the...
Economy
Exports to China take hit from covid-19
Cumulative exports to China from Jan. 27 to Feb. 23 may be around $300 million, or 19 percent, lower than they would have been without covid-19, according to provisional data from Stats NZ. The government statistics agency emphasised today’s data is provisional and is “an early...
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