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Archive for April, 2013

‘Serious questions’, but no criminal charges for collapse of Hanover Finance

News release from Serious Fraud Office
The Serious Fraud Office (SFO) has completed its investigation of Hanover Finance Limited, bringing to an end its investigations into the 2007/08 finance company collapses. That process, which saw SFO investigate 15 separate companies, resulted in criminal prosecutions in relation to nine companies. Overall, 23 individuals have faced charges laid by SFO.

The last of the investigations, into Hanover Finance Limited and related companies, took 32 months. SFO today announced it will not be proceeding with criminal charges in this case. Read more »

Auckland Airport’s expected returns of 8% are ‘reasonable’, says regulator

Report from BusinessDesk by Paul McBeth
Auckland International Airport, the country’s main gateway, isn’t profiteering and is a expecting reasonable return over the coming four years, according to the antitrust regulator. The airport has an expected annual return of 8 percent over the 2013-2017 pricing period, at the top end of the Commerce Commission’s estimated range for a reasonable return of between 7.1 percent and 8 percent, the regulator said in a statement. Read more »

Auckland Airport says its charges are “highly competitive”

Press Release – Auckland Airport
Auckland Airport has welcomed the Commerce Commission’s draft report released today, which shows Auckland Airport has operated transparently and constructively within the regulatory framework for the benefit of the travelling public and New Zealand’s economic growth.  Read more »

Piha and Muriwai at risk? Auckland deep sea oil watchdog group launched

Press Release – Deep Sea Oil Watch
A new deep sea oil watchdog group has been formed in Auckland in response to the government’s announcement yesterday that deep sea oil drilling could take place off Auckland’s West Coast beaches. Read more »

Lack of planning for Auckland’s three harbours – report wants integration

Press Release – Committee For Auckland
The Committee for Auckland is strongly recommending that Auckland Council address a lack of planning for the region’s three harbours: the Waitemata/Hauraki Gulf, Kaipara and Manukau harbours.
Read more »

Hireme to be captain of Kiwi Ferns at World Cup; “an inspirational leader”

Press Release – New Zealand Rugby League
Saturday was a special day for the Kiwi Ferns – New Zealand’s world champion women’s rugby league team. For starters, at a function at Te Mahurehure Marae in Pt Chevalier, Sir Owen Glenn announced that the Vodafone Warriors would be the Kiwi Ferns’ major sponsor for their World Cup campaign in the UK this July. That was a huge boost for the team of 24, who are looking to win a fourth consecutive World Cup. Read more »

Ex-Blackcap Matt Horne announced as new Auckland Aces coach

Press Release – Auckland Cricket
Former Blackcap Matt Horne has been appointed as the new coach of the Auckland Aces. Horne has been Auckland Cricket’s network coach for the last four years and in that time has guided both the Auckland A and U19 side to national titles as well as taking charge of the New Zealand U19 side at the World Cup. Read more »

PM to learn about his body with new digital technology

Press Release – Life Education Trust
Prime Minister John Key is about to learn the complexity of his body and what he needs to do to look after it and remain healthy. Read more »

Top Doctoral Theses to be awarded Vice-Chancellor’s Prize

Press Release – University of Auckland
The five top University of Auckland PhD theses for 2012 will be presented at the University’s ‘Celebrating Research Excellence’ function to be held tomorrow 5-7pm at the marquee on Old Government House lawn. Read more »

Former Mainzeal Hq back on the market for sale

Press Release – Baileys
The former high-profile headquarters of failed construction firm Mainzeal has been placed back on the market for sale or lease. Read more »

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