Helicopter Crash Update
Police yesterday completed
their scene examination and victim recovery work at the site
where helicopter wreckage was found on Wednesday (21
November) near Humboldt Creek, Fiordland.
remains will now be formally identified through a forensic
process. This could take a number of weeks.
Aviation Authority will be investigating the cause of the
Police have also now referred the matter to the
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Mighty River: 'Mum And Dad’ Investors Myth Busted
Green Party research, confirmed by Treasury, shows that half of the shares in Mighty River Power that National sold to retail investors went to just 13,000 people and that 10 percent of the retail shares went to just 400 wealthy people and organisations, Green Party Co-leader Dr Russel Norman said today.
The sale of Mighty River Power saw 113,000 retail investors, referred to as ‘mum and dad’ investors by the National Government, buy 26.9 percent of the company. Analysis by the Greens and Treasury shows that half of those shares were, in fact, purchased by fewer than 13,000 people who bought an average of nearly $35,000 worth of shares...
“The truth is that 98 percent of New Zealanders bought no shares at all. Half the retail shares went to just 0.3 percent of the population, and a tiny group of just 400 wealthy individuals and organisations got 10 percent of the retail shares. More>>