Oct 26 • 6M

Dawn Chorus: Dubai of the South Pacific?

NZ Herald reports Dubai's DP World port wants to buy lease to run Ports of Auckland; Mayor Brown opposed; Fair Pay bill passes; Macquarie pulling out of SkyCity carparks deal

Upgrade to listen

Appears in this episode

Bernard Hickey
The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.
Episode details

TLDR: Dubai’s DP World ports operation is kicking the tyres on buying the Ports of Auckland operations on a long lease, but not the land, Bernard Orsman reports this morning in the NZ Herald.

Executives from DP World are organising meetings with port officials and other investors, possibly as soon as next week. Photo: Lynn Grieveson/Getty Images

Elsewhere, Macquarie Bank is set to abandon its NZ$220m bid for 650 carparks under SkyCity’s casino and hotels operation in Auckland.

In the news overseas and here overnight and this morning:

Listen to this episode with a 7-day free trial

Subscribe to The Kākā by Bernard Hickey to listen to this episode and get 7 days of free access to the full post archives.