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Kerr seeks injunction over $36m claim by BNZ

Receivers seek to enforce guarantees secured by mortgages.
Companies associated with
NBR Rich Lister George Kerr have filed legal action against BNZ as the bank seeks to recover a $36 million debt in default.
BNZ appointed Neale Jackson and Natalie Burrett of Calibre Partners as receivers of income to Kerr’s companies Galt Nominees and Glencoe Land (Joint Venture) on December 14.
In their first report filed to the Companies Office, the receivers said Galt and Glencoe Land had guaranteed debts owed by a third Kerr company, Lothian Partners Capital.
The guarantees were secured over mortgages on property at New Chums Beach in the Coromandel and Crown Terrace, Queenstown. ....

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New Zealand's Best Beach: Tasman's Kaiteriteri and Coromandel's Matarangi

New Zealand s Best Beach: Tasman s Kaiteriteri and Coromandel s Matarangi
18 Jan, 2021 04:00 PM
5 minutes to read
NZ Herald is searching for New Zealand s Best Beach 2021 and thanks to your nominations, we have hundreds of Kiwi beaches on our longlist. Clarke Gayford, Paige Hareb, Rodney Bell, Daniel Faitaua, Max Jones wade in on the best bits of Kiwi coast.
NZ Herald is searching for New Zealand s Best Beach 2021 and thanks to your nominations, we have hundreds of Kiwi beaches on our longlist. Clarke Gayford, Paige Hareb, Rodney Bell, Daniel Faitaua, Max Jones wade in on the best bits of Kiwi coast.
NZ Herald ....

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Six up-and-coming holiday hot spots

With peace, beauty and convenience, why not live year round at Invercargill s Beach Road Holiday Park?
With Kiwis embracing domestic travel during the pandemic and interest rates at record lows, holiday homes are in hot demand, real estate agents say.
But with New Zealand house prices surging, setting record median prices for four months in a row, many are looking outside traditional holiday hot spots for their baches and cribs.
Destination Great Lake Taupo/Supplied
Omori, by the Kuratau River on the southern shores of Lake Taupo, is an up-and-coming destination with holiday home buyers, Mayne says.
Century 21 New Zealand owner Derryn Mayne said she has seen an explosion of interest in coastal properties over the past nine months thanks, in part, to the rise in remote working and Kiwis discovering new parts of the country. ....

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