Chinese company Shanghai Pengxin has confirmed that it is
aiming to buy a $70 million farm in the central North Island,
which would be second-largest foreign purchase of New Zealand
Strong northwest winds are creating problems in Otago today,
felling power lines, fanning a large scrub fire and prompting
warnings for motorists.
John Banks claims he has new evidence he will take to the
Court of Appeal that will exonerate him.
A South Dunedin community backlash has forced the Dunedin
City Council to delay its decision on the sale of a public
car park, after the bungled process infuriated both a theatre
and the area's business association.
It might be third time lucky for a multimillion-dollar luxury
development at Walter Peak, across Lake Wakatipu from
Oceana Gold remains on target to achieve its full-year
production guidance, having posted a first-half after-tax
profit of $US56 million ($NZ64.1 million).
Christchurch City Council has revealed today that it faces a
funding black hole of up to $900 million to help rebuild the
earthquake-wrecked city, and is set to start public
consultation on "at least a partial" sale of its assets.
Fine wines, controversial French delicacies and a protected
species of fish have all been slapped on the taxpayers' tab
by government ministers.
The sheep and beef sector stands to gain by a potential
$845 million in added value during the next 20 years once a
new Dunedin-based genetics research and development entity
hits its stride. Yvonne O'Hara reports.
An explosion caused by a gas leak in Taiwan's second city
killed 22 peeople, injured 270 and sent flames shooting 15
storeys into the air, a government agency said.
Strong winds have felled trees across Tasmania, killing a
woman and leaving 10,000 homes and businesses without power.
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