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Subbies face shortfall in Rilean retentions fund

Paul McBeth
Tue, 31 Aug 2021

What the second stage of the Remarkable Residences will look like. (Image: supplied)
Paul McBeth
Tue, 31 Aug 2021
Subcontractors who worked on the Remarkables Residences subdivision near Queenstown look likely to be left out of pocket as the liquidator deals with fixing shoddy work and a shortfall in retentions.EY’s Rhys Cain and Rees Logan were appointed liquidators of the Rilean Construction group of companies in October last year as the building firm struggled with escalating costs. Rilean’s Central Otago unit completed the first stage of six in the $200 million residential development in Frankton, with the 56 townhouses selling like hotcake...

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400 trainee pilots allowed into NZ
Brent Melville | Sat, 23 Oct 2021

Pilot trainees will make up 40% of the latest cohort of international students allowed in from mid-2022, with an assumption that tight border rules will still be in place.

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Personalised audio at a relatively affordable price point. It's a winning combination.

On the Money
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We have a rare opportunity to align significant public infrastructure investment with urgent climate change reform, but time is short and we all need to act.

Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.