IFT - Infratil

[artemis]

I heard someone on the wireless say 2 years expiry for Snapper but not sure exactly how that works.

[Bjauck]

I heard someone on the wireless say 2 years expiry for Snapper but not sure exactly how that works.

I looked up the snapper terms:
11.The Card (including any Stored Value remaining thereon) will expire if the Card is not used, and no Stored Value or Time Passes are added to the Card, for a continuous period of two (2) years. When a Card expires, any Stored Value remaining on the Card will be forfeited on the date the Card expires.
https://www.snapper.co.nz/terms-of-use/

Should AT have gone with Snapper after all?

you can apply to have the HOP balance refreshed. A bit of a hassle I would think.

[mondograss]

Actually the issue occurs if you load money to the HOP card, but then don't use it. You have to use it once to complete the transaction but after that you're fine. It's a bit stupid but it's not the case that if you stop using the card for 2 months you lose the balance.

[Bjauck]

Actually the issue occurs if you load money to the HOP card, but then don't use it. You have to use it once to complete the transaction but after that you're fine. It's a bit stupid but it's not the case that if you stop using the card for 2 months you lose the balance.

Probably not a problem for frequent users. For casual users who credit their card using a credit card, but do not know when they will be using it, it could be very inconvenient if they find their hop card cannot be used when they do need to use public transport. However a bonus for HOP is that, if unused, it remains valid for six years as opposed to two years for snapper.

[huxley]

Sounds like they should have used Snapper Services

[huxley]

https://www.stuff.co.nz/travel/trave...upply-shortage

Gosh, if only we had another international airport somewhere in the North Island...

[777]

https://www.stuff.co.nz/travel/trave...upply-shortage

Gosh, if only we had another international airport somewhere in the North Island...

Wellington.

[kiora]

Interesting
"But they are an asset class investors need to watch. Analysts in the sector argue that a long-term investment in a modern data centre will provide a secure income stream. The sector is also less vulnerable to economic downturns, given the ongoing digital revolution.

The competition to house computer systems is heating up. The New Zealand data centre services market is expected to reach $272 million by 2020, driven by high growth in data traffic."
https://www.bayleys.co.nz/totalprope...dkNEIifQ%3D%3D

[Zaphod]

There's certainly a market for niche international data centres residing in NZ, especially given its long history of stable government, low levels of corruption, strong enforcement of the rule of law, and neutral status on the international stage. In terms of supplying general facilities to the wider world, other locations are better able to provide lower latency to key markets, scalability and access to qualified human resources.

[Zaphod]

Wellington.

HLZ has the advantage of proximity and the ability to improving infrastructure at much lower cost. There are some weather related issues such as fog, but modern ILS systems present on larger aircraft (e.g. CAT IIIB, CAT IIIC) would render this mostly a non issue.

I suspect given HLZ's lacklustre passenger numbers (they are now the 10th busiest well behind NPL at 9th), they will be looking at both this option and becoming a freight hub. It will however IMO be a difficult sell to carriers.