News: Beware risks to economy says Infometrics

Gareth Kiernan

Gareth Kiernan

According to Infometrics, the New Zealand economy is entering 2017 in good spirits, and it is forecasting GDP growth over the three years to June 2019 will average more than 3% per annum.

But Infometrics chief forecaster Gareth Kiernan believes the stable outlook for growth masks several risks that hang over the economy.

“Mortgage holders in Auckland look particularly vulnerable to even modest interest rate rises that are likely to occur in the next 2-3 years,” says Kiernan. Continue reading “Beware risks to economy says Infometrics” »

Gareth Kiernan According to Infometrics, the New Zealand economy is ...

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News: Mackays to Peka Peka opening in February

The new Mackays to Peka Peka Expressway which is part of the Wellington Northern Corridor is scheduled to open this month, four months ahead of the original June 2017 completion date.

A completion event will be held on Thursday 16 February with the road opening to traffic later this month.

The Expressway is a $630 million, 18km four-lane expressway along the Kāpiti Coast, and includes 18 bridges and 16km of walking and cycle ways. Continue reading “Mackays to Peka Peka opening in February” »

The new Mackays to Peka Peka Expressway which is part of the Wellingto ...

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News: Renault Group acquires EV commercial manufacturer

The Renault Group is acquiring another French company called Power Vehicle Innovation (PVI), to accelerate the growth of its light commercial vehicle business.

PVI assisted Renault on the development and electrification of the new Renault Master Z.E. which it displayed at the Brussels Motor Show on January 13.

The new Master Z.E is launching towards the end of 2017 and it will extend the Renault brand’s existing range of electric LCVs. Continue reading “Renault Group acquires EV commercial manufacturer” »

The Renault Group is acquiring another French company called Power Veh ...

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News: Electric bus trial begins in Auckland and Wellington

NZ Bus began trialling its new BYD eBus in Auckland and Wellington this week as part of its strategy to lead the transition to electric-powered public transport.

“The trial will enable the company to assess whether this fully electric bus, can meet the challenges of New Zealand’s landscape and the specific requirements of bus networks in Auckland and Wellington,” says NZ Bus chief executive Zane Fulljames.

“We are committed to leading the industry towards an electric-powered bus fleet, as was reflected in our announcement last year to invest NZ$43m in Wrightspeed electric powertrain technology to be retrofitted to buses in our existing fleet,” says Fulljames. Continue reading “Electric bus trial begins in Auckland and Wellington” »

NZ Bus began trialling its new BYD eBus in Auckland and Wellington thi ...

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Statistics: Year begins with another record for new vehicle registrations

The new year has begun with another highest month ever for new vehicle registrations – indicating 2017 could continue the market’s record setting run.

A total of 13,823 new vehicles were registered, up a massive 16% year on year, and well ahead of the average 9.5% growth seen last year.

“This is the strongest ever start to a new sales year with record levels of new vehicles purchased by New Zealand businesses and consumers across the passenger and commercial sectors,” Motor Industry Association chief executive David Crawford says. Continue reading “Year begins with another record for new vehicle registrations” »

The new year has begun with another highest month ever for new vehicle ...

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News: Ranger leads rising new commercial market in January

Not only did the Ford Ranger again take the mantle of New Zealand’s top-selling new vehicle in January, but it also helped to drive a 23% increase year-on-year in commercial vehicle registrations. Continue reading “Ranger leads rising new commercial market in January” »

Not only did the Ford Ranger again take the mantle of New Zealand's to ...

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News: Demand for air freight on the rise

New data released by the International Air Transport Association (IATA) shows increasing demand for global air freight.

The demand, measured in freight tonne kilometres (FTKs) grew by 3.8% in 2016 compared to 2015.

This is nearly double the industry’s average growth rate of 2% over the last five years. Continue reading “Demand for air freight on the rise” »

New data released by the International Air Transport Association (IATA ...

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News: Submissions invited for Drury to Paerata safety improvements

The public is being invited to have their say and learn more about work to improve safety on State Highway 22 between Drury and Paerata.

The planned work is providing immediate improvements to reduce death, and severe injury crashes ahead of longer term solutions for the 9 kilometre stretch of highway west of the State Highway 1 Drury Interchange, to the township of Paerata.

A series of open days will allow the public to see what safety treatments are proposed and talk to New Zealand Transport Agency staff who can answer questions and listen to feedback. Continue reading “Submissions invited for Drury to Paerata safety improvements” »

The public is being invited to have their say and learn more about wor ...

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News: Work starting on Pekatahi Bridge next week

The New Zealand Transport Agency is advising motorists using State Highway 2 between Awakeri and Taneatua in the Bay of Plenty that a detour via State Highway 30 and Whakatane will be in place from next week, while work is carried out on Pekatahi Bridge.

The detour is expected to apply for at least three months to allow replacement of the bridge’s deteriorating timber deck and removal of the existing railway tracks.

The detour via State Highway 30, Hinemoa Street and Arawa Road in Whakatane and Taneatua Road, will add about 20 minutes to a journey, with longer delays possible during peak periods. Continue reading “Work starting on Pekatahi Bridge next week” »

The New Zealand Transport Agency is advising motorists using State Hig ...

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News: Harrison Grierson announces merger with T2

New Zealand-owned professional engineering and design consultancy, Harrison Grierson, is merging with traffic and transportation engineering specialists, T2.

The new business, called HGT2, will continue to operate from T2’s current Auckland CBD premises, with minimal change to personnel roles and responsibilities.

“It is the first merger in Harrison Grierson’s 131-year history and is a significant milestone for both companies,” says managing director, Glen Cornelius. Continue reading “Harrison Grierson announces merger with T2” »

New Zealand-owned professional engineering and design consultancy, Har ...

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