Kaitangata skate park proposal becoming reality
Source: odt.co.nz Work on a skate park for Kaitangata has finally begun. The 300sq m park in Exmouth St has been two years in the making and Kaitangata skate park development group chairman Dallas Storer hopes work that began at the end of last week will be completed this month. The skate park is beside the current BMX track and the jump park in Kaitangata. The group has raised nearly $85,000 of an original budget of $100,000, but thanks to support from business owners and the community,...
Thu 3rd Mar 2016Full post
Aliens sightings in Fiordland - Hollywood blockbuster set to be filmed here?
Source: stuff.co.nz Hollywood heavyweight Michael Fassbender could be heading to Southland as rumours swirl the latest film in the Alien franchise is set to start shooting there. At this year's Golden Globes, director Ridley Scott said he'd been choppering across the lower half of New Zealand in the lead-up to filming the blockbuster Alien: Covenant. The film, starring Fassbender, is the sequel to Scott's sci-fi hit Prometheus, Alien: Covenant and it takes place in the...
Sun 21st Feb 2016Full post
Rate cut expectations
Source: nzherald.co.nz ASB chief economist Nick Tuffley says population growth in New Zealand accounts for much of our current economic growth (such as it is) - which is perhaps why the government is not keen to cut migrant numbers and take the pressure off the demand for housing. Around 5000 people settle in New Zealand every month, with many spending money on housing, furnishings, clothes and cars. Tourism is masking the downturn in dairy income. But it is the push for economic growth...
Wed 17th Feb 2016Full post
Property prices in New Zealand outside of Auckland reach new record
Source: Propertywire.com Property prices and sales in New Zealand increased in December with median home values, excluding Auckland, reaching a new record. Sales were up 3.5% year on year but fell 9.1% compared with November, according to the latest index from the Real Estate Institute of New Zealand. The median prices of a home nationwide increased by 1.2% month on month and 3.3% year on year to $465,000, a rise of $15,000. Excluding Auckland the rise was 8%, taking the median to...
Tue 26th Jan 2016Full post
Plan to give courthouse to community
Source: Otago Daily Times A trust that hopes to buy the former Lawrence courthouse from its new Auckland owners and turn it into a multipurpose centre says it is a bit ‘‘gob-smacked'' that its long-held dream may soon come true. The category one building on the list of Heritage New Zealand's historic places was sold to a couple from Auckland in mid-December last year, following the death in 2014 of its previous owner, Dunedinlawyer Mike Newell. Speaking for the Newell family,...
Tue 26th Jan 2016Full post
Courthouse heritage listed
Source: odt.co.nz The former Balclutha Courthouse has been added to Heritage New Zealand's list of historic places. The building, on the corner of Paisley and Renfrew Sts, was listed as a category two historic place on January 21. Buildings on the list of category two historic places were described as having "historical or cultural significance or value''. The courthouse was described as "aesthetically, architecturally and historically significant''. Being on the list did not grant a...
Tue 19th Jan 2016Full post
Interest rate war spells good year for homeowners
Source: stuff.co.nz New Zealand's mortgage lenders could be gearing up for an interest rate war, with two banks already slashing their home loan rates. A Christchurch mortgage broker said homeowners should "do the numbers" to see whether the potential savings of the lower rates would outweigh the cost breaking out of a current fixed rate. Bank of New Zealand and SBS have kicked off the first flurry of activity for the new year with SBS attempting to lure Kiwis back from holiday with...
Mon 18th Jan 2016Full post