A Plea to Restrict the Queenstown Airport from Issuing Shares

teleconferenceA teleconference is said to have taken place on Thursday, following the three to five-day High Court hearing concerning the Queenstown Airport Corporation and Auckland International Airport Ltd, which is due to take place next year.

The $10 Challenge Starts Today!

Cure KidsThe Novotel $10 Queenstown Challenge would start from today. The event that helps in raising funds for the charity, Cure Kids would be a treat to watch as 17 teams would be participating in the race that spans for a time period of three days.

Fury as city boss quits

Michael RedmanThe senior councilors of the Hamilton City have criticised the decision of allowing the chief executive Michael Redman to leave the firm early because of a top job with the Auckland super city. Some of the councilors have said he will steal the business off Hamilton. Mr. Redman was confirmed as the chief executive of a organization controlled by the council within the Auckland super city.

Sale slow for Auckland houses

real estateFor the fourth month, the rate of growth at house sales market is slow. As per Barfoot & Thompson, Auckland’s biggest real estate firm’s estimates, the percentage of houses has been slipped by 25% in September 2010, compared to the same month previous year.

The rate of growth in house sale at September 2010 is 8.1% more than August 2010.

Five Star directors in court

Neill WilliamsFormer Five Star directors Neill Williams and Marcus MacDonald are ordered to appear in the District Court of Auckland on today with their colleagues Anthony Bowden and Nicholas Krik after pleading guilty to the Companies Office charges in the last month. Krik and Bowden will appear in the court in the next week.

Auckland council severance payments examined

 Auckland council severance payments examinedThe Auditor General is investigating the severance payments of the chief executives of the eight local councils of Auckland. The Auditor General will also consider the payments which are to be paid at the end of this month as a part of the local government reforms of the region.

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