A scenic train trip from Christchurch to Greymouth on the TranzAlpine costs nearly $2000 for a family of four, comparable to flights to Australia, making it unaffordable for many New Zealanders despite its popularity. The train, one of New Zealand’s Great Journeys, covered over 220 kilometers each way and carried 190,000 passengers last year, generating $34.5 million in revenue.
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Absolute Traffic Solutions liquidated over $1.1m Inland Revenue debt, 85 staff sacked
Eighty-five employees at Auckland's Absolute Traffic Solutions lost their jobs after the company faced liquidation due to $1.1 million in debts to the Inland Revenue, including $937,000 in GST and $192,000 in PAYE tax. Following the liquidation, about 60 staff have been re-employed on short-term contracts as the liquidator intends to sell the business. Want More Context? 🔎
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