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  • Hauraki iwi gifted $50m for dairy complex

    25 November 2013 5:49 PM 24

    The Crown has gifted more than $50 million to five Hauraki iwi to purchase the Pouarua Dairy Complex on the Hauraki Plains. The purchase follows the government's agreement to provide an advance payment ahead of the Hauraki Collective's comprehensive Treaty settlement. The collective's chair Paul Majurey says Pouarua Dairy Complex is a significant purchase

  • Brokers surprised at dropping Air NZ price

    20 November 2013 8:13 AM 32

    They're sitting at $1.58, down from $1.65 - which was the rate the Government sold 20 per cent of its stake in the airline. Mark Lister of Craigs Investment Partners says the weakening of the price has come as quite a surprise. "Looking at the build that obviously was completed yesterday which started at $160 and finished up at $1.65, that suggested

  • Construction industry grown but still lacks capacity

    20 November 2013 6:56 AM 27

    The construction industry has grown by 10,000 firms since 2002, but still lacks capacity to deal with the massive demand of the Christchurch rebuild and the Auckland housing boom. The data has been revealed in the Government's Construction Sector Report released this afternoon. Economic Development Minister Steven Joyce says the construction sector now employ