Infrastructure
NZ manufacturing activity expands on month in April but down on year
By Rebecca Howard May 17 (BusinessDesk) - New Zealand's April manufacturing activity expanded versus March but was well down on the year as demand growth continues to cool. The Bank of New Zealand-Business NZ performance of manufacturing index rose 1 point to a seasonally a...
Genesis signs up to 20-year supply agreement for Tilt-built Waverly wind farm
By Paul McBeth May 17 (BusinessDesk) - Genesis Energy and Tilt Renewables have signed a 20-year supply agreement, laying the foundation for the construction of a 31-turbine wind farm in Waverley, South Taranaki. The power companies finalised the deal, which will see Genesi...
Wellington Airport lifts annual earnings on passenger growth
By Paul McBeth May 16 (BusinessDesk) - Wellington International Airport lifted annual earnings 6.3 percent as the capital city's gateway continued to benefit from rising passenger numbers. Earnings before interest, tax, depreciation and amortisation rose to $101.4 million...
ComCom says 5G build excluding Huawei could cost more
By Paul McBeth May 16 (BusinessDesk) - Excluding Chinese telecommunications firm Huawei Technologies risks driving up the cost of building a 5G mobile network and undermining competition in its development, according to a draft mobile market study. Spark New Zealand had pl...
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