Old Waimakariri Bridge closed due to high river levels
3 January 2013
Old Waimakariri Bridge closed due to
high river levels
The Old Waimakariri Bridge was
closed on Wednesday afternoon due to high river levels. It
is expected that the bridge will be reopened by the end of
the week, once the water level subsides and the structure
can be checked. A notice will be issued when it is
Please note this does not affect the main
Waimakariri Bridge on State Highway
© Scoop Media
On The Reserve Bank And Auckland Housing
The ‘crisis – what crisis?’ response by the government to the Auckland housing price bubble is no longer acceptable.
So says Reserve Bank governor Grant Spencer – who used unusually frank language in his speech and subsequent interviews yesterday to call for a capital gains tax, and to generally chastise central and local government for their inaction on a threat to the country’s economic health and financial stability.
That threat has been real for some time. The housing price bubble has already created a currency bubble... Undaunted, the government keeps calling this situation a success story. More>>