Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Tainui Group Holdings welcomes Board of Inquiry decision

MEDIA RELEASE


Tainui Group Holdings and Chedworth Properties welcome Plan Change for Ruakura


Hamilton, 5 August 2014. Tainui Group Holdings (TGH) and Chedworth Properties have welcomed an interim decision by the Board of Inquiry to approve the re-zoning of land at Ruakura from ‘rural’ to ‘employment and residential’ uses.

TGH Chief Executive Mike Pohio says the decision is very pleasing, however the companies will take more time to study the Board of Inquiry’s finding while it awaits the final decision, expected in around mid-September.

“The six week Board of Inquiry process has been very comprehensive. During this time we have made a point of listening very closely to the various concerns and suggestions raised in the hearings. We have altered our plans to accommodate feedback wherever possible,” Mr Pohio said.

“We are excited about the potential of Ruakura both for Waikato-Tainui and the people of Hamilton. Our vision is to build a real community at Ruakura with an exciting mix of high-quality ‘work, live and play’ elements.”

The plans include a logistics hub that will make Hamilton and the Waikato a more prosperous and better place to live, with the potential to generate over 10,000 jobs, and better utilise rail to take up to 65,000 truck journeys off the road each year.

The plans also include a new residential subdivision on the city’s East side by Chedworth Properties.

“This interim decision by the Board of Inquiry gives us more clarity on the planning framework and we look forward to working closely with the local community and Councils over the coming months as we work through the next planning steps,” Mr Pohio said.


-ends-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Agreements: TPP Minus US Starting To Gain Ground

The Japanese government is picking up the pace on reviving the Trans-Pacific Partnership trade and investment deal, with talks scheduled next month among the 11 countries left in the pact after the withdrawal by the US after the election of president Donald Trump. More>>

ALSO:

PACER:

Prices Up 2.2%: Annual Inflation Highest In Over Five Years

"Rising petrol prices along with the annual rise in cigarette and tobacco tax lifted inflation," prices senior manager Jason Attewell said. "Petrol prices in New Zealand are closely linked to global oil prices, and cigarettes and tobacco taxes rise in the March quarter each year". More>>

ALSO:

Undertaxed? NZ Income Tax Rate Second Lowest Among Developed Nations

New Zealand workers pay the second smallest portion of their income to the government among developed nations and less than half the average ratio of their Organisation for Economic Cooperation and Development peers. More>>

ALSO:

Cyclone Cook: Round Up Of This Week’s Weather

One of the significant impacts this week was flooding due to excessive rainfall amounts. Rainfall amounts topped out at 350mm over the past 60 hours in parts of northwest Nelson, with 200mm+ measurements recorded about Coromandel Peninsula, and between 150-200mm in the Kaimai Ranges. Rainfall amounts of between 30-50mm were commonplace elsewhere. More>>

ALSO:

Earlier: Batten Down The Hatches For Cyclone Cook

Although fast-moving, Cyclone Cook will be destructive and MetService Expert Meteorologists have issued Severe Wind Warnings for the whole of the North Island apart from Northland... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news