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King Country Energy (KCE) acquired 100% of the Mangahao power station assets in 2012. The rationale for the acquisition was to enhance KCE’s ability to maintain and grow value for the benefit of all Shareholders in an increasingly competitive and challenging market.
National’s plan to tinker with land supply is an epic fail in the eyes of tens of thousands of New Zealanders desperately trying to buy their first home, says Labour Leader David Shearer.
Balfour Beatty is awarded a major contract in Melbourne, Australia as part of the NetworX Alliance team by Victoria’s Road Authority (VicRoads).
Interislander will be giving its flagship passenger ferry - the Kaitaki - a bit of a spruce up this winter.
A bill to urgently increase the supply of land and affordability of housing has passed its first reading 104 votes to 15 in Parliament tonight and has been sent to a select committee for urgent consideration.
The Government confirmed today in the Budget it will push ahead with changes to the thin capitalisation rules that invest in New Zealand.
Auckland Mayor Len Brown has welcomed the introduction of legislation for housing accords, but says he will be seeking clarification on a number of points to ensure the final legislation is consistent with the draft Auckland Housing Accord.
Budget 2013 provides a permanent $6.65 million increase in annual funding for Inland Revenue to pursue property investment tax compliance, which is expected to return about $45 million a year, Revenue Minister Peter Dunne says.
Special legislation to enable councils and the Government to streamline new housing developments in areas where housing is least affordable will be introduced to Parliament today.
The Government is investing in a new three-year insulation programme, which will deliver warmer, drier and healthier homes to communities in most need, Energy and Resources Minister Simon Bridges says.
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