Caniwi commits another $26m to property portfolio
By Pattrick Smellie July 24 (BusinessDesk) - Wellington-based investment group Caniwi Capital has spent $26 million in two regional commercial property plays: $21 million for a specialist cool store in the so-called 'Golden Triangle between Auckland, Hamilton and Tauranga, and...
Deluge misses southern hydro lakes
By Pattrick Smellie July 24 (BusinessDesk) - Last weekend may have been Oamaru's wettest since daily rainfall records began in 1950, but the deluge that hit eastern coastal parts of the South Island over the weekend all but missed the southern hydro lakes, which remain at crit...
Govt embraces targeted rates to spur urban infrastructure for housing
By Pattrick Smellie July 23 (BusinessDesk) - The government's latest response to the Auckland housing shortage will see central government and private sector firms invest in 'special purpose vehicles' to fund essential roading, water and drains that Auckland Council can't fund...
Labour's alternative Budget reprioritises $17bn over four years
By Pattrick Smellie July 19 (BusinessDesk) - A Labour Party-led government would rejig tax and spending priorities to redirect $17 billion over four years to build up public health and education, put an extra 1,000 police on the beat and boost low and middle-income households...
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