The final cost of the controversial Waimea dam is $211 million, double the initial projection of $104.5 million, despite facing delays and controversy since work began in 2019. The project, beset by geological issues and Covid-19 pandemic disruptions, has been criticized for its cost overruns, with economist Peter Fraser highlighting the burden placed on ratepayers. Waimea Water chief executive Mike Scott defended the project, citing geotechnical challenges, pandemic impacts, construction delays, and inflation as factors contributing to the increased cost, while emphasizing the dam’s benefits for the region.
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Foodstuffs, Gilmours accused of cartel conduct: Commerce Commission to take supermarket, wholesaler to court
Grocery giants Foodstuffs North Island and Gilmours are facing legal action from the Commerce Commission for alleged cartel conduct, including blocking a supplier from direct trading with a customer. The commission plans to file civil proceedings, citing breaches of the Commerce Act and the Grocery Industry Competition Act linked to agreements with a national grocery supplier. Explain It To Me Like I'm 5: Food companies Foodstuffs North Island and Gilmours are in trouble for not...
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