Port companies more rocked by earthquakes than Covid, Auditor-General finds
Impairments on post-quake investment have had massive impacts on Wellington and Canterbury ports.
The Auditor-General's report into the country's port companies have revealed that a profit slump over Covid had more to do with earthquakes than a pandemic-clogged supply chain.
The 2019/2020 audit of the country's 12 port companies, which are all largely or wholly council-owned, found that
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