Taxpayer-funded full and final settlement of $144 million with Hyundai was ‘only fair’, Winston Peters says.
Capital costs related to AT’s now-fast tracked rail project to remove level crossings are likely headed to at least half a billion dollars, but could also be in ‘never-never’ land.
Estimated at $80m to $100m more than 10 years ago, the cost of the Waitaha hydro scheme is yet to be updated.
Putting port work into the fast lane has win-win benefits, but plans have already been ‘in the works’ for five years.
No-one is saying whether port infrastructure still requires substantial upgrades, irrespective of ferry replacement decision.
Buddle Findlay chair Jennifer Caldwell explains Ireland’s commitment to long-term infrastructure planning is linked to a 10-year, €165b fund.
Operating costs for the supercity spiralled $940 million beyond what was planned, prompted by $685m in spending on storm-affected properties.
Annual accounts show KiwiRail struggling, and cancelling the order for two rail-enabled Cook Strait ferries has cost it $468.8m, so far.
Watercare’s tether to its Auckland Council parent will be untied next year, leaving the country’s biggest utility adrift and needing to refinance $3.6b in debt.
McKinsey's bottom-up review had only involved talking to managers, not the workers.