Called the Wynyard Quarter Innovation Precinct, it will house business incubators, research and development institutions, and business development providers. 

THIS PAGE WILL BE UPDATED AS RESULTS ROLL IN

The Warehouse
PREIVEW: All flat at the big red shed

Cash-strapped companies are accusing Inland Revenue of delaying tax refunds according to a report in NBR's print edition.

They say they have overpaid their provisional tax and now demand their funds back.

Tax experts spoken to by NBR said the IRD is being "quite reserved" about paying GST refunds and provisional tax.

"We're seeing it quite a lot and have been for months," Kensington Swan partner Peter Speakman, who specialises in taxation, said.