Dileepa Fonseka

5 days ago | businessdesk.co.nz | Dileepa Fonseka

Workplace Relations and Safety Minister Brooke van Velden is giving WorkSafe six months to adjust to a new way of operating, according to a version of a Cabinet paper on WorkSafe changes that was emailed to BusinessDesk.Van Velden has announced a new effort to get WorkSafe to concentrate on what she terms a more “focused” set of priorities, where WorkSafe focuses on key “critical” safety risks for workers, along with providing more guidance to businesses on how they can meet health and safety...

1 week ago | businessdesk.co.nz | Dileepa Fonseka

On The Money (OTM) is our column of general frippery we observed within the worlds of business and government this week.If Reserve Bank of New Zealand (RBNZ) governor Christian Hawkesby is gunning to keep the top job, you’d never know it from what he said at the official cash rate announcement last week.Hawkesby was named governor in April for a six-month period. The appointment can be extended by up to three months with written notice.Does he even want the job long term?

1 week ago | businessdesk.co.nz | Dileepa Fonseka

Northland Regional Council chair Geoff Crawford says taking Marsden Maritime Holdings private with Port of Tauranga and Tupu Tonu will make it easier to push for a rail connection to Northport.Crawford thought having Port of Tauranga onboard with the expansion of Northport would help get the rail link to the port built and unlock more value in the company."We can't really develop our port into a world-class, deepwater port without the rail link, and so the lobbying that, obviously, Ports of...

1 week ago | businessdesk.co.nz | Dileepa Fonseka

One NZ is looking at regular fee reviews for customers as connection numbers plateau. Earnings before interest, taxes, depreciation, and amortisation and fair value adjustments (ebitdaf) were $604.8 million for the financial year ended March 31 2025, up $4.7m (1%) on the prior year. During a presentation to investors, Infratil chief executive Jason Boyes said the One NZ result was one of the “standout operating performances” seen across Infratil’s portfolio.

1 week ago | businessdesk.co.nz | Dileepa Fonseka

It is rare to hear a commentator on artificial intelligence talking about the development of any form of artificial intelligence reaching its limits, so it is surprising when Deloitte's national generative AI lead, Amanda Williamson, acknowledges it is possible.