Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Support For Forsyth Barr Stadium A Major Milestone

Forsyth Barr Stadium At University Plaza

For immediate release 3 March 2009

Government Support For Forsyth Barr Stadium A Major Milestone

The Stadium Trust has welcomed the Government’s letter confirming that it will underwrite development of the Forsyth Barr Stadium at University Plaza as a major milestone. Stadium Trust Chairman Malcolm Farry says: “We are extremely grateful to the Government for its support and its recognition of the stadium’s important role in regional economic development.

We acknowledge the competing demands on Government funding and appreciate its decision to support the development of this iconic community infrastructure for the Otago region at this time.

“Following the Government’s decision, Otago Regional Council voted today to confirm its funding commitment of $37.5 million. We thank the Council for their continued support and the shared vision to develop community infrastructure of lasting benefit to the Otago region.

“The Government support, combined with the Dunedin City Council, Otago Regional Council, Community Trust of Otago and University of Otago support and ongoing private sector fundraising, will achieve the remaining budget for the stadium development. We now look ahead with renewed confidence to construction starting this year, and to the creation of new jobs that will bring.

“The Stadium Trust is continuing to sell memberships, hospitality products and sponsorships and will do so throughout the stadium construction period with the goal of achieving or exceeding the private sector funding target.

“Contrary to some published reports, the Trust remains on track to achieve its private sector funding target of $45.5 million,” he said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Our Local Responses To The Global Problems Of Inflation

In the United Kingdom, inflation is running at its highest rate in 30 years. In the US, inflation hit 7% during 2021. You wouldn’t want to be in Estonia, where inflation has just hit 12%. Across the Eurozone – the measurement methods vary – inflation is averaging out at 5%. In Canada, inflation is running at its highest level in 30 years. Inflation is not simply a problem afflicting developed countries. In a developing country like Brazil inflation is running at its highest level in seven years...


Government: Building And Shaping A City: Future-proofing Auckland Transport Infrastructure
The Government is bringing Auckland’s transport infrastructure into the future by moving forward with an additional Waitematā Harbour crossing, progressing light rail from Auckland’s CBD to the airport, and creating a linked-up rapid transport network as part of a 30-year plan... More>>

The Treasury: Financial Statements Of The Government Of NZ For The 5 Months Ended 30 November 2021
Interim Financial Statements of the Government of New Zealand for the 5 months ended 30 November 2021... More>>


Government: Announces Three Phase Public Health Response To Omicron
The Government has announced a three phase Omicron plan that aims to slow down and limit the spread of an outbreak, Associate Minister of Health, Dr Ayesha Verrall announced today. “Through the course of managing Omicron, we will be taking a phased approach. As case numbers grow both testing and isolation approaches will change in response... More>>

Ministry Of Transport: Have Your Say On The Future Of Road User Charges
Te Manatū Waka Ministry of Transport is inviting New Zealanders to submit their views on improving the Road User Charges system, says Secretary for Transport, Peter Mersi... More>>

TradeMe: New Zealand Rents Climb $40 Per Week In One Year

New Zealand’s national median rent climbed $40 a week in 2021 to reach $560 in December, according to Trade Me’s latest Rental Price Index. Trade Me Property Sales Director Gavin Lloyd said last month’s national median weekly rent showed an 8 per cent annual increase... More>>

Transparency International: New Zealand Retains Top Ranking In Annual Corruption Perceptions Index
New Zealand is once again ranked least corrupt in the world by Transparency International’s annual Corruption Perceptions Index. This year New Zealand’s score of 88 out of 100 is unchanged resulting in it being first equal with Denmark and Finland... More>>




InfoPages News Channels