New Zealand’s Tower exhausts A$39.5mn of annual A$50mn large-event budget
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New Zealand’s Tower exhausts A$39.5mn of annual A$50mn large-event budget

Samuel Casey
19 July 2023
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New Zealand carrier Tower Limited has pegged large-events costs following the May Auckland floods and cyclones Judy and Kevin at A$39.5mn ($27mn).

The losses leave A$10.5mn of the carrier’s A$50mn large-events allowance for the remainder of the year to 30 September 2023.

The

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Samuel Casey
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