banks

Government handout rejected

By MATTHEW MCKEW NZSki's said ‘thanks, but no thanks’ to the government after being offered just $500,000 of the $2.7 million it asked for. Chief executive Paul Anderson says the company behind Coronet Peak, The Remarks and Mt Hutt’s ‘‘grateful’’ but ‘‘respectfully declined’’...
You could excuse Wakatipu home owners with big mortgages on high-priced properties being pretty nervous at the minute, given the Covid-19-induced implosion of this area's main industry, tourism.  However, Arrowtown-based Roost Mortgage Brokers principal Mark Pullar tells Mountain Scene there...
By GUY WILLIAMS Accommodation providers are threatening a rates revolt if Queenstown’s council proceeds with an inflation-adjusted rise. Apartment operator and former mayoral candidate Nik Kiddle, who leads the Lakes District Accommodation Sector group, says its 70 members want a rates...
By PHILIP CHANDLER A long-time Queenstown realtor believes the local property market will ride out the Covid-19 pandemic relatively unscathed. Harcourts Queenstown principal Kelvin Collins says his confidence is based on the fundamentals of the market being sounder than during earlier...
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