Property
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Private equity to buy Huka Lodge
An agreement has been made to sell Taupo’s Huka Lodge to a US private equity firm in a deal requiring Overseas Investment Office approval. The luxury lodge was put up for sale as part of the bitter feud between businessmen Michael Kidd and Alexander van Heeren.The Overseas Invest...
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Law & Regulation
Ebert receivers head back to court
The receivers for Ebert Construction are heading back to court to get approval for final distributions from the failed construction company’s retention fund. The distribution of retention funds by PwC receivers John Fisk and Lara Bennett has been closely watched in the constructi...
Funds needed to free up land for housing - Infrastructure NZ
A report showing nationwide housing unaffordability highlights problems with how central and local government operate, Infrastructure New Zealand says. The Demographia International Housing Affordability Survey showed New Zealand has a market median multiple of seven, meaning the...
Markets
Brian Gaynor: BRIAN GAYNOR: Cliff Cook – NZ Businessman of the Decade
Cook guaranteed $12.5 million of A2 Milk bank loans and took up a 71 percent equity raising shortfall when the milk company was on the brink of collapseCliff Cook is nominated by this column as New Zealand businessman of the decade for two main reasons.He floated Metlifecare, the...
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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articles by Oliver