sharetrader
Page 9 of 74 FirstFirst ... 56789101112131959 ... LastLast
Results 81 to 90 of 736
  1. #81
    Senior Member
    Join Date
    Sep 2001
    Location
    Wellington, , New Zealand.
    Posts
    626

    Default

    I'm a little surprised that MMH didn't move upwards after 2pm today's CGT announcement today.

    As outlined in the article below, NZ First is wields a lot of power within the coalition. Does this make it more likely that the NZ First policy of relocating the Ports of Auckland to Northland will happen?

    https://www.newsroom.co.nz/2019/04/1...elds-the-power

  2. #82
    Member
    Join Date
    Apr 2007
    Location
    North Shore, Auckland , New Zealand.
    Posts
    452

    Default

    Quote Originally Posted by Scrunch View Post
    I'm a little surprised that MMH didn't move upwards after 2pm today's CGT announcement today.

    As outlined in the article below, NZ First is wields a lot of power within the coalition. Does this make it more likely that the NZ First policy of relocating the Ports of Auckland to Northland will happen?

    https://www.newsroom.co.nz/2019/04/1...elds-the-power
    I Think the issue is that this government is all talk and no action.

  3. #83
    Advanced Member
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    2,468

    Default

    Quote Originally Posted by ScrappyO View Post
    I Think the issue is that this government is all talk and no action.
    . Yes, agree. And that is why they gave Shane a big cheque book so at least something would get done. While the rest were buried in committees and coalition discussions.

  4. #84
    Ignorant. Just ignorant.
    Join Date
    Jan 2005
    Location
    Wrong Side of the Tracks
    Posts
    1,587

    Default

    Quote Originally Posted by Scrunch View Post
    I'm a little surprised that MMH didn't move upwards after 2pm today's CGT announcement today.

    As outlined in the article below, NZ First is wields a lot of power within the coalition. Does this make it more likely that the NZ First policy of relocating the Ports of Auckland to Northland will happen?

    https://www.newsroom.co.nz/2019/04/1...elds-the-power
    Out of idle curiosity, how much road and rail infrastructure would need to be added, upgraded, or reconfigured to cope with such a move? How much of the existing Auckland-based logistics ecosystem would have to move north?

    Enough to make it impractical?

  5. #85
    Herbacious
    Join Date
    Sep 2007
    Posts
    437

    Default

    Quote Originally Posted by GTM 3442 View Post
    Out of idle curiosity, how much road and rail infrastructure would need to be added, upgraded, or reconfigured to cope with such a move? How much of the existing Auckland-based logistics ecosystem would have to move north?

    Enough to make it impractical?
    The main issue is that the northern rail line needs a fairly substantial upgrade, my understanding is that it passes through a number of tunnels, none of which are big enough to cope with containers. So that's going to be a multi billion dollar job. They need a rail spur to Marsden Point but that's already been confirmed as happening. Otherwise once you've done that work you basically just bring everything down via rail to Wiri and distribute from there.

  6. #86
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,487

    Default

    https://www.stuff.co.nz/business/opi...ds-robust-case

    https://www.stuff.co.nz/business/112...ing-group-told

    First part of Report released on what to do with upper north island ports.

    Basically, huge investments in infrastructure needed - specifically rail.

    Second & third parts will move into recommendations.

    Interesting times ahead but don't hold your breath - Winston Peters has just broken his promise to be the first into the Pike River Coal mine.

  7. #87
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,487

    Default

    https://www.nzherald.co.nz/business/...ectid=12227376

    The grubby little political Missy (conning NZers with shams and scams in Kiwibuild, Shane Jones & CGT) could very well decide to properly back this one and cement in Winston's legacy too?

  8. #88
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
    Posts
    4,411

    Default

    Quote Originally Posted by mondograss View Post
    The main issue is that the northern rail line needs a fairly substantial upgrade, my understanding is that it passes through a number of tunnels, none of which are big enough to cope with containers. So that's going to be a multi billion dollar job. They need a rail spur to Marsden Point but that's already been confirmed as happening. Otherwise once you've done that work you basically just bring everything down via rail to Wiri and distribute from there.

    Mono, Not to forget that the rail will have to be double tracked , tunnels, bridges cuttings el al.

    Phil Twit was the one that said the rail link cannot be extended past Waitakere for Auckland commuter trains because the track needed massive upgrading, the same could be said for the whole of the Nth Auckland line.

  9. #89
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,697

    Default

    Quote Originally Posted by Balance View Post
    https://www.nzherald.co.nz/business/...ectid=12227376

    The grubby little political Missy (conning NZers with shams and scams in Kiwibuild, Shane Jones & CGT) could very well decide to properly back this one and cement in Winston's legacy too?
    Agree its a filthy no brainer , brilliant.

  10. #90
    Advanced Member
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    2,468

    Default Upper North Island Supply Chain

    Now that I am Northlander and holding a few MMH shares and while enjoying a winters day, I've been paying a bit more attention to what is going on in Wellington.
    A couple of links attached, the second one to the first report which is "interesting" reading.
    https://www.transport.govt.nz/multi-...hain-strategy/
    https://www.transport.govt.nz/assets...tegy_Final.pdf

    A few snippets....might be to many ?

    "Our view is that Port of Tauranga capitalised on the public infrastructure provided to the Bay of Plenty region which subsequently has made the port a success. We will therefore be considering whether similar investment in Northland would provide similar results for the region and Northport. "

    "Ports of Auckland occupies 77ha on the Auckland waterfront. Its current location is generating concerns of social licence and prompting public debate about whether there are better alternative uses for its land. "

    "While Ports of Auckland reports a lower tax rate of 10.2%, investigations show this is artificially lowered through its access to the tax losses of a fellow owned council subsidiary, which has allowed Ports of Auckland to appear more profitable than it otherwise would. The impact of this accounting treatment will need to be reviewed as this option is not available to other port owners and may be a perverse incentive."

    "The Ports of Auckland reports that the 77ha, on which it sits, has a book value of approximately $735m ($955/sqm), ……"

    and

    "Ports of Auckland reported land value of $533/sqm is lower than that of comparable industrial land in the Auckland Central Business District. In recent times, neighbouring land sales have been between $2500/sqm and $7500/sqm giving total land values between $2bn and $6bn, based on best alternative use. This represents an approximate return of between 0.8% and 2.5% to shareholders. Considering the dividend of around $50 million paid to Auckland Council each year9, although more work is required to confirm this, this calculation does suggest a potentially hidden subsidy. This excludes the massive social, cultural, environmental and economic value that would be created by transforming this property into a globally iconic waterfront. "

    "Stakeholders provided examples of current issues with the rail network including: 
    The lack of rail connection to Northport (Northport and Nelson are the only ports in New Zealand without a rail connection) 
    The North Auckland line between Auckland and Whangarei has a number of issues.
    For example, while other lines have had improvements to their tunnels over time, many of the tunnels on the North Auckland line remain too low to accommodate, industry standard, high-cubed containers. 
    The Northland rail network has had no capital investment for the last few decades and has been in a managed decline. 
    Lack of an East to West rail corridor in Auckland 
    Some cited issues with the Auckland rail network arising from the fact that freight needs to compete with passenger services. 
    The risk to Port of Tauranga arising from its reliance on the rail line through the Kaimai tunnel."

    "We believe that the success of Port of Tauranga and smaller investments such as the relocation of the port from Whangarei to Northport were as a result of strategic vision rather than detailed business cases which have difficulty anticipating and valuing the mulit-generational benefits crated by catalytic infrastructure. Much of the infrastructure in New Zealand today was also justified on the basis of vision rather than business case. There is a need to be deliberately strategic in developing and evaluating investment options for the supply chain of the Upper North Island;....."

    Interesting stuff (I thought anyway), More there for anyone interested. Hope folk are.
    Anyway.....time to get back outside.

    Cheers RTM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •