Trilogy International New Zealand LLC, Tesbrit B.V. and Hautaki Trust bought 4.8 million shares at US$1 per share, in the telecommunications company 2 degrees. In March, 2degrees announced it had almost doubled their market share too 11%, of the nation’s 5.237 million mobile phone users. Hautaki Trust has kept its
Day: June 16, 2011
Today at Parliament, Treaty Negotiations Minister Chris Finlayson signed agreements in principle with representatives from Ngāti Rangiwewehi and Tapuika. The agreements include financial redress of $6 million, a Crown apology for the grievances and the vesting of recreational and scenic reserves to each iwi. The agreement includes agreed historical accounts and
This week the Minister of Housing Phil Heatley announced that an appropriation of $40 million for 2011/12 will be used to establish a Social Housing Unit (SHU) within the Department of Building and Housing. The unit will be semi-autonomous, and its Executive will have direct reporting responsibilities to Ministers.
This week Prime Minister John Key announced that the Justice and Electoral select committee report to Parliament on the Alcohol law reform bill will be delayed. The report which was due to be tabled in Parliament on June 23 has been changed to August 30.