The discovery of asbestos in KiwiRail trains built in China -
after Dunedin's Hillside Engineering Workshops was overlooked
for the work - shows what can go wrong with cost-cutting,
Dunedin Mayor Dave Cull says.
The Dunedin City Council risks more ''volatile'' returns from
its $76 million Waipori Fund if it opts for an ethical
investment strategy that shuns the likes of the armament and
tobacco industries, the council says.