Capex stories
Councils face pressure to back long-delayed water reforms as NZD $761 million in funding is tied to fixing ageing networks and service failures.
Construction firms warn that without tender dates, thousands of workers could be laid off despite USD $2.6 billion already allocated.
Billions in COVID-19 spending could be used to unlock projects, create jobs and speed New Zealand’s economic recovery, Infrastructure NZ says.
Smaller operators are gaining cheaper, portable container-handling options as C-Lifts win orders in more than 20 countries.
Early input from facilities managers could cut costs and improve new buildings' long-term quality, according to a BRANZ report.
Road maintenance is up, but state highway investment is down sharply, heightening fears of a future infrastructure deficit as traffic grows.
Small businesses can now access safer, cleaner warehouse lifting gear as a new electric forklift range promises lower running costs and more uptime.
Upstream spending is rebounding as oil majors push through more low-risk projects, with sanctions set to nearly double to 25 this year.
Oil and gas groups face pressure to diversify as analysts forecast wind and solar could absorb more capital by 2030, despite limited production gains.
Nuplex Industries eyes 8.2% earnings boost in 2015 as it hones focus on global resins, offloading ANZ businesses.
Telecom has revised its financial guidance and stated its willingness to work with the government on its fibre rollout.
TelstraClear reports flat half-year results with revenue at NZD $348 million offset by increased costs, reflecting the subdued economic environment.
As tech budgets tighten in Australia and New Zealand, CIOs are turning to cloud and data virtualisation to rationalise IT portfolios and slash costs.
The company has increased its 2018 CAPEX guide range to €425m-€450m to cater for several data centre expansions.
Hyperscale operators' Q1 capex soared to USD $27 billion, driven by immense outlays from Google, Microsoft, Amazon, Apple, and Facebook, says Synergy Research.
Google, Microsoft, Amazon, Apple, and Facebook continue to balloon in the hyperscale data centre market with spending reaching an all-time high.
New Zealand businesses are predicted to reach NZD$65 billion in capital formation in 2017, and set a new record of $70 billion in 2018.
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