Queenstown subdivision gets strong interest
Demand from Aucklanders for a new multi-million dollar Queenstown subdivision has been strong, with more than 30 sites selling in two months.
Peregrine Ridge is a new neighbourhood on the northern terraces at Jack's Point, 9 km from Queenstown airport.
The developer, Dean Franklin, said the sites had been popular because they represented strong value for money, and the announcement of night flights would help Aucklanders make the of the most of their time in Queenstown.
Trustpower's Snowtown Wind Farm finished
New Zealand's fifth largest electricity retailer and generator said its largest-single-asset, the Snowtown Wind Farm in South Australia, was complete.
Trustpower said the windfarm spanned 32 kms of the Hummocks and Buranga ranges, north of Adelaide.
It said the site now provided enough power to supply to 230,000 South Australian homes, equivalent to 10 percent of South Australia's total electricity consumption.
RIS Group threatened over delivery of annual report
The stock exchange operator, NZX, said if R-I-S Group did not provide its annual report by the time the market closed on Friday, it would suspend trading in its shares.
RIS, a shell company with a market value of $745,000, was supposed to lodge its report no later than the end of October.
The company was also late in filing its preliminary results in September.