Heartland Bank appointed receivers to the group in April and is owed close to $8.9m under various security agreements.
The bank’s latest tourism sector report says more scale is needed.
UPDATE: The Fifa Women’s World Cup Fan Festival will not open today as planned. The timing of the tragedy termed ‘just awful’ as city hosts its biggest sporting event ever.
Greg Olliver-owned business says it has unsuccessfully sought to make the club financially viable for the past two years.
Electricity Authority’s $1.4m a year funding ‘more than enough’ to run site without switching fees, says Global Compare Group.
Multiple injuries and deaths confirmed, including male offender, following shooting incident at downtown construction site.
Ads with a cast of thousands in exotic locales may be a thing of the past once carbon emissions start being measured.
NBR has reported extensively on Validus. Links to all of those stories are below.
Drivers threatened to not take fares for a week in acrimonious industrial dispute with bus operator.
Unaudited financial statements released ahead of crucial $5.5m cap raise.