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

 

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Ruataniwha Dam: Consent Conditions Could Mean Reduced Intensity

Legal advice sought by the Hawke’s Bay Regional Council on the Ruataniwha Dam consent conditions has confirmed that farmers who sign up to take water from the dam could be required to reduce the intensity of their farming operation to meet the catchment’s strict nitrogen limit. More>>

Health And Safety: Bill Now Sees Rules Relaxed For Small Businesses

Health and safety law reform sparked by the Pike River coalmine disaster has been reported back from the industrial relations select committee with weakened requirements on small businesses to appoint health and safety representatives and committees. More>>

ALSO:

Bearing Fruit: Annual Fruit Exports Hit $2 Billion For First Time

The value of fruit exported rose 20 percent (up $330 million) for the June 2015 year when compared with the year ended June 2014. Both higher prices and a greater quantity of exports (up 9.0 percent) contributed to the overall rise. More>>

ALSO:

Interest Rates: NZ Dollar Jumps After RBNZ Trims OCR

The New Zealand dollar jumped more than half a US cent after Reserve Bank governor Graeme Wheeler cut the official cash rate by a quarter-point and said the currency needs to be lower, while dropping a reference to criteria that justified intervention. More>>

ALSO:

Drones: New 'World-Class' Framework For UAVs

The rules, which come into effect on 1 August, recognise the changing environment and create a world-class framework that accommodates ongoing development while still ensuring the safety of the public, property and other airspace users. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news