Property Talk: Will our cruise ship industry be damaged by poor port infrastructure?
Sally Lindsay and Chris Hutching talk about the latest in property news on NBR Radio and on demand on MyNBR Radio.
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Although the New Zealand’s cruise ship industry is poised for record seasons, it could be knocked back by inferior port infrastructure.
Longer ships, carrying about 5000 passengers, will start visiting the country from the end of next year, but Auckland has nowhere to berth them.
Cruise industry experts say this will colour people’s thinking about the country. Sally Lindsay discusses the dilemma.
Thousands of Christchurch properties will probably get hit with higher insurance premiums after the council tagged LIMs with flood warnings after a report by Tonkin & Taylor on an expected rise in sea levels in the next 50-100 years.
Chris Hutching finds the decision to tag the LIMs was taken without consultation with homeowners across the city and the report is based only on modelling.
Class actions against cladding manufacturer James Hardie will be vigorously defended by the company.
A Wellington law firm has filed proceedings in the High Court against James Hardie on behalf of two clients and is asking other people with leaky homes to join the self-funded action, while in Auckland about 1000 claimants are getting ready to file court proceedings in a $100 million plus action. Sally Lindsay looks at the cases.
Farms for sale in the South Island are a result of a restructure at NZ Pastures and half the company shares are being offered for sale.
Chris Hutching discovers they are not dairy farms but beef and lamb grazing unit worth a combined $100 million.
NBR Radio
Wed, 12 Aug 2015
Wed, 12 Aug 2015
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Property Talk: Will our cruise ship industry be damaged by poor port infrastructure?
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