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Commuters can expect to drive the entire Waikato Expressway at 110kmh once the highway is fully open mid next year, Waka Kotahi says. The long stretch of road from Hampton Downs to Tamahere would be one of only two highways in the country that has a 110kmh speed limit. The transport agency will start consulting […]
The New Zealand bed manufacturer Sleepyhead plans to move its factory out of Auckland. The plan involves building a 100,000 square meter factory and 1100 affordable homes in northern Waikato. While many in the community welcome the billion-dollar investment, the Waikato Regional Council has several concerns. The two parties will enter into meditation. In New […]
New Zealand’s property market experienced the highest number of residential property sales for the month of February in 14 years. Real Estate Institute of New Zealand (REINZ) found a 14.6 per cent year-on-year increase in property sales for New Zealand in February 2021, from 6951 sales in 2020 to 7964 sales. The Auckland market made […]
The community-owned economic development fund South Waikato Investment Fund Trust (SWIFT) is working closely with training provider Toi Ohomai Institute of Technology to construct a new $14 million South Waikato Trades Training Centre in Tokoroa. The development at 30 – 32 Chambers Street is scheduled for completion in 2022 and will cater for up to […]
The Opotiki District Council will implement a new town centre masterplan, as a way of ‘revitalising’ the downtown area. The Council endorsed the plan at the latest meeting on January 27. Opotiki Mayor Lyn Riesterer says Opotiki is at the start of a period of large-scale change. “The Masterplan is about creating a vision of […]
Plans to upgrade one of New Zealand’s most dangerous intersections could be the South Waikato’s economic making. In early 2020 the Government announced a $58-million project to install a roundabout at the Piarere State Highway 1/29 intersection north of Tīrau after years of serious crashes. Whilst the project won’t kick off until 2022, Waikato River […]
The new South Waikato Trades Training Centre is making strong progress with the funding contracts being signed to complete the $14m project. Professional services firms have been appointed to undertake the next phases of design, engineering and cost management for the Centre. The project is being led by the South Waikato Investment Fund Trust (SWIFT) […]
KiwiRail’s project for two new InterIslander ferries is progressing, with the operator signing a letter of intent for them to built at a South Korean shipyard. The letter is a non-binding agreement that allows both parties to progress to more detailed contract negotiations. KiwiRail chief executive Greg Miller said the decision to choose the Hyundai […]
Spending on groceries, furniture and electronics boosted New Zealand’s December 2020 sales compared with December 2019, but accommodation and fuel spending were low, the country’s statistics department Stats NZ said on Tuesday. Total retail card spending rose 3.5 percent in December 2020, up 250 million New Zealand dollars (178 million U.S. dollars), compared with the […]
New Zealand’s primary sector’s economic prospects are bright despite the significant challenges from COVID-19, Agriculture, Trade and Export Growth Minister Damien O’Connor said on Tuesday. The latest Situation and Outlook for Primary Industries report forecast food and fibre export revenue of more than 47.5 billion NZ dollars for the year ending in June 2021, and […]
