Archive for the 'Auckland economy' Category

$377m to be spent adding 3000 bedrooms to state houses, mostly in Auckland

Press Release – New Zealand Government
Housing Minister Nick Smith today announced two initiatives which will result in the building of up to 3000 new state house bedrooms and 500 new homes. Read more »

Council shouldn’t help Holy Trinity Cathedral, says candidate

Press Release – Stephen Berry
Affordable Auckland Waitemata & Gulf Council candidate Stephen Berry says not one cent of ratepayer money should go to Holy Trinity Cathedral for any reason. “It is far out of the bounds of core Council services to be giving millions of dollars of other people’s money to religious organisations. The Cathedral’s application should be dismissed immediately.” Read more »

SKyCity to build $402m convention centre; gets more slot machines, gambling tables

Report from BusinessDesk
SkyCity Entertainment Group has gained a 27-year extension to its Auckland casino licence and can add 230 slot machines and 40 gaming tables in exchange for meeting the $402 million construction, fit-out and land costs of a new convention centre in the city. Read more »

Convention centre will benefit NZ economy, says tourism association

Press Release – Tourism Industry Association
The new international convention centre in Auckland will create substantial economic benefits for the whole country, the Tourism Industry Association New Zealand (TIA) says. Read more »

Len Brown wants assurance of no more gambling harm to community

Press Release – Auckland Council
Len Brown has welcomed agreement between the government and Skycity on a national convention centre to be built in Auckland, but says he will need to be convinced that proposed measures to minimise problem gambling are sufficiently robust. Read more »

More gambling will damage communities and families, says Salvation Army

Press Release – Salvation Army
Those behind the SkyCity Convention Centre have failed to take the damage to communities and families into their cost-benefit analysis. The Salvation Army is disappointed little weight has been given to the social impact of increasing the number of pokie machines and gambling tables at SkyCity Casino. Read more »

SkyCity hits jackpot with a “dangerous and reckless deal,” says Labour

Press Release – New Zealand Labour Party
John Key has today signed the Mother of All Deals with SkyCity allowing it to make millions off the backs of problem gamblers for 35 years and prevent any future government from putting a stop to it, says Labour Leader David Shearer. Read more »

“More gambling concessions than they could have dreamt of…” say Greens

Press Release – Green Party
SkyCity has been dealt a royal flush by the Government who has handed it a list of gambling concessions the casino could never have dreamed of in exchange for a convention centre for Auckland, the Green Party said today. Read more »

Auckland needs Convention Centre, says Michael Barnett

Press Release – Auckland Chamber of Commerce
The Heads of Agreement confirming an International Convention Centre will be built in central Auckland is exactly the positive boost Auckland and New Zealand needs, says Michael Barnett, head of the Auckland Chamber of Commerce. Read more »

Sky City gains at expense of community groups

Press Release – Community Gaming Association
Community groups and clubs throughout New Zealand will be potential losers following the Government decision to allow a further 230 slot machines into Sky City as part of the convention centre deal, according to Community Gaming Association Executive Director Brian Corbett. Read more »

Flavell disappointed at social costs of of SkyCity deal

Press Release – The Maori Party
Māori Party Whip Te Ururoa Flavell has indicated his disappointment at revelations of the Government’s deal for a new convention centre where SkyCity will pay for a $400 million centre in exchange for 230 additional pokie machines, 52 more gaming tables and an extension on its casino licence until 2048. Read more »

Len Brown “taking wider, pragmatic view” of Convention Centre deal

Opinion from Councillor Cameron Brewer
Auckland Mayor Len Brown’s support of the proposed $402m New Zealand International Convention Centre announced by the Government and SkyCity this morning will rile a lot of his own supporters. However Mr Brown’s taking the right position given the significant economic benefits it will bring the city and country. Read more »

NZ house sales fall, but Auckland and Christchurch stay strong

BusinessDesk report by Paul McBeth
The number of New Zealand house sales slipped from a six-year high last month, with prices deflating a little, though the national market is still being driven by the country’s two biggest cities, Auckland and Christchurch. Read more »

Why are NZ building costs 30% higher than Australia? Inquiry begins

Press Release – New Zealand Government
A market study into residential construction costs has been released today for public input by the Government. “The costs of building a house in New Zealand are too high as identified by the Productivity Commission’s report. This issues paper and market study is about identifying why some house construction costs are as much as 30 per cent more expensive than Australia and how we can get costs down,” Housing Minister Dr Nick Smith said. Read more »

First half of new Wairau Creek Bridge completed

Press Release – Auckland Transport
Auckland Transport has reached the halfway mark in its $4.2 million upgrade of the Wairau Road/Forrest Hill Road and Nile Road/Forrest Hill Road intersections on the North Shore. Read more »

Len Brown and Nick Smith agree on plan to increase Auckland’s housing supply

Press Release – New Zealand Government
An Auckland Housing Accord has been agreed today by Housing Minister Dr Nick Smith and Auckland Mayor Len Brown to urgently increase the supply and affordability of housing in Auckland. Read more »

Their deal won’t solve the problem – “too little, too late,” says Shearer

Press Release – New Zealand Labour Party
The Government’s housing accord will not solve the country’s housing affordability crisis, and is too little too late, says Labour Leader David Shearer. Read more »

Mayor caves in to government desire for speculator profits, says Minto

Press Release – John Minto
Land speculators and property developers can expect windfall profits from today’s announcement for fast-track approval of housing developments. Read more »

Housing deal will provide real action and targets, say developers

Press Release – Property Council Of New Zealand
Property Council New Zealand welcomes legislative changes to fast track selected housing developments in Auckland. Read more »

Housing accord won’t fix affordable housing crisis, say Greens

Press Release – Green Party
The Green Party are pleased to see progress on the issue of housing affordability in Auckland, but says that we still have a long way to go. “This afternoon’s release of the Auckland Housing Accord sets out a first step forward for Auckland’s housing crisis, but it’s only one step,” said Green Party Co-leader Metiria Turei. Read more »

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