Property

Waitara leasehold land plan still far from a done deal

Crown involvement in the Waitara leasehold land proposal is far from a done deal.

Thursday, April 01st 2004

Minister in Charge of Treaty of Waitangi Negotiations Margaret Wilson made that position clear yesterday after the New Plymouth District Council vote on Tuesday night.

The council resolved to sell the 146ha of land to the Government, which in turn would add it to its Treaty settlement with Te Atiawa.

Mayor Peter Tennent said there had been plenty of dialogue between the council and the Government, including Prime Minister Helen Clark and he was confident the proposal would go ahead.

But that plan ran into several snags yesterday.

It started with Ms Wilson saying there were issues still to be worked through between the Crown and the council.

Then New Plymouth lawyer Dennis King filed a statement of claim in the High Court against the NPDC on behalf of the Waitara Leaseholders Association.

Read More - Opens in a new window
Heartland Bank - Online 1.85
ICBC 2.15
SBS Bank Special 2.19
HSBC Premier 2.19
HSBC Special 2.25
Kainga Ora - First Home Buyer Special 2.25
The Co-operative Bank - First Home Special 2.29
Kiwibank Special 2.49
The Co-operative Bank - Owner Occ 2.49
ANZ Special 2.50
TSB Special 2.50
Heartland Bank - Online 2.35
ICBC 2.35
HSBC Premier 2.45
Kiwibank Special 2.49
SBS Bank Special 2.49
China Construction Bank Special 2.65
Resimac 2.79
TSB Special 2.89
The Co-operative Bank - Owner Occ 2.89
Westpac Special 2.89
ANZ Special 2.90
China Construction Bank Special 2.99
HSBC Premier 3.19
ICBC 3.19
Kainga Ora 3.37
Bluestone 3.54
Select Home Loans 3.54
Resimac 3.54
SBS Bank Special 3.59
The Co-operative Bank - Owner Occ 3.79
TSB Special 3.79
Westpac Special 3.79
ANZ Blueprint to Build 1.68
ASB Back My Build 1.79
Heartland Bank - Online 1.95
Resimac 3.39
Bluestone 3.49
Select Home Loans 3.49
ICBC 3.69
Kiwibank Special 3.75
Kiwibank 3.75
Kiwibank - Offset 3.75
The Co-operative Bank - Owner Occ 4.40

More Stories

LVRs kicking in for Auckland house prices

Friday, July 16th 2021

LVRs kicking in for Auckland house prices

The loan-to-value (LVR) restrictions reintroduced by the Reserve Bank are having a far greater effect on Auckland house prices than anywhere else in New Zealand.

Dire shortage of properties for sale

Wednesday, July 14th 2021

Dire shortage of properties for sale

The total number of properties for sale across the country dropped by 33.3% last month. The second lowest level of inventory ever, REINZ data shows.

ASB hikes rates across the board

Wednesday, July 14th 2021

ASB hikes rates across the board

ASB has become the first major bank to hike interest rates across the board as New Zealand's economic outlook improves.

Investors urged to bolt in long-term rates

Tuesday, July 13th 2021

Investors urged to bolt in long-term rates

With high inflation just around the corner, ANZ Bank, the country’s biggest mortgage lender, says mortgaged property investors would be wise to fix at least some of their borrowings at longer-term rates.