Government guarantee for Transmission Gully crucial for banks
Treasury advised it would be easier, quicker for government to restate its legal position re financing.
Brent Edwards
Mon, 31 May 2021
Hot Topic
Hawke’s Bay
Official papers reveal the government had to give an assurance to the banks involved in financing the Transmission Gully project after last year’s Covid-19 lockdown delayed the project further.
A Treasury paper dated September 24 last year, obtained by the NBR under the Official Information
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Brent Edwards
Mon, 31 May 2021
Contact the Writer: brent@nbr.co.nz
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Government guarantee for Transmission Gully crucial for banks
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