July 1 2010 will see a hike in the taxi fares in Canberra by almost 2.48%. Detailing the prices, it has been announced that the flag-fall for the usual hiring of the taxi will augment to $4.50, and the rate per kilometer from 6 a.m. and 9 p.m. will increase to $1.80, during the weekends.

The value of the labor on Victoria's M80 ring road upgrade, as announced by Leighton Holdings Ltd. subsidiary Thiess, has been fixed up at $623 million. He also added that the scope of jobs between the Calder Freeway and Sydney Road has been brought to completion.

Meridian Energy entered a High Court battle over plans for the country's biggest wind farm and is appealing an Environment Court decision stymieing Project Hayes in Central Otago.

Contact Energy's Clyde Dam on the Clutha River was the last major power station built in the South Island constructed during the 1980s and commissioned in 1992.

In order to consider that a proposal to reimburse the creditors in May Wang's failed property development Company, 2c in the dollar is "as good as it gets", they have asked for more time. The Chinese businesswoman was due to face creditors in her failed Dynasty Group in Auckland today. She is fronting a $1.5 billion bid to buy up New Zealand dairy farms.

As the ASX aims to transfer market supervision to the corporate regulator in August 2010, it has appointed Kevin Lewis as the Chief Compliance Officer.

Mr. Lewis is expected to take up his new role of Group Executive and Chief Compliance Officer on July 19, with these roles overruling those held by Eric Mayne, who will leave ASX in September, the exchange says.

After the Company declared that it had begun mining at its second mine and was on way to quadruple exports by the end of this calendar year, the Shares in Atlas Iron Ltd mounted.

The shares of Atlas were up nine cents, or 4.19%, at $2.24 at 1431 AEST.