Fletcher Building subsidiary wants to increase production at its Hunua quarry to about 5.4 million tonnes of aggregate a year.
The New Zealand arm of giant Australian civils contractor Downer EDI boosted earnings on the back of construction gains, while slashing subcontractor costs.
Country’s busiest port has continued its momentum into the first part of the year, with trade volume up 5.9% to 6.6 million tonnes.
AP Moller-Maersk’s wishlist extends to a hub-and-spoke system on each island, although regulations would need to be tweaked.
High traffic helped boost net profits after tax by 81%.
Developers are being told growth charges are treated differently from development contributions.
The utility admits it hasn’t made provision in its 10-year plan for disposing of waste products, as it faces capacity limits at its biosolid dump site.
Details of the deal will be announced later this year.
Sale could proceed early next year, but final price will have to meet ministers’ ‘value-for-money expectations’.
Auckland rates a ‘zero’ on energy resilience to potential weather or other shocks, says report.