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Queenstown Airport in High Court fight to keep $2.7 million tax deductions
By Sophie Boot March 14 (BusinessDesk) - Queenstown Airport's runway end safety area is more than just land and the airport should be able to claim depreciation for its construction, it has claimed in Wellington's High Court this morning. The airport is in dispute with the...
Irrigation NZ rejects tourism and environmentalist call for five-year ban on new water schemes
By Fiona Rotherham March 14 (BusinessDesk) - Lobby group Irrigation New Zealand has hit back at calls for a five-year ban on new irrigation schemes in the wake of the dairy downturn as being out of step with who reaps the benefit from them. The Tourism Export Council and th...
SFO investigates Auckland property developer Leonard Ross
By Paul McBeth March 14 (BusinessDesk) - The Serious Fraud Office is investigating Auckland property developer Leonard Ross and the outcome will determine whether apartment owners in one of his projects will pursue their own legal claim against him. The white-collar crime...