https://www.rnz.co.nz/assets/news_crops/114625/eight_col_infratil.jpg?1607406111 Australia’s largest pension fund has made an audacious takeover bid worth nearly $5.4 billion for local utilities investor Infratil. Infratil could realise more than $500 million from selling its Australian energy assets. Photo: AAP AustralianSuper has offered the equivalent of $7.43 for each Infratil share, in cash and shares, for the top-10 company, a 22 percent premium on Infratil’s closing price today. The fund said said it wanted to negotiate with Infratil over a scheme of arrangement, which is an agreed deal needing a lower level of shareholder approval. AustralianSuper Head of Infrastructure, Nik Kemp, said it was attracted by Infratil’s high quality portfolio of infrastructure assets in New Zealand and Australia. “As a well capitalised and long term investor, we see significant potential to invest in the growth of Infratil’s assets over the long term on behalf of AustralianSuper’s members, which allows us to provide significant value to ...

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https://www.beehive.govt.nz/sites/default/files/2017-11/beehive-red-og_0.png The Royal Commission of Inquiry into the Terror Attack in Christchurch on March 15 has delivered a comprehensive report that will form the basis of a significant work programme to make New Zealand a safer and ultimately I hope, a more cohesive country. When we set up the inquiry I said I wanted no stone left unturned to find out how the March 15 attack happened, what could have been done to stop it and how we can keep New Zealanders safe. Today we have answers. On the matters of how the attack occurred and what could have been done to stop it the Commission found no failures within any Government agencies that would have allowed the terrorists planning and preparation to be detected. But they did identify many lessons to be learnt and significant areas needing change. There are two in particular I wish to highlight. The first ...

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https://www.elanka.com.au/wp-content/uploads/2020/12/Sembuwatta-Lake-Matale.jpg   Situated in the premises of Elkaduwa Plantation adjacent to Campbell Lane Forest Reserve amidst verdant spectacular vistas, Sembuwatta Lake is a picturesque man-made lake similar to a magnificent painting. Located in *Matale District and situated at an elevation of 1140 meters, Sembuwatta Lake is a mass stretch of deep emerald green natural spring water. Towering above the Lake are thick pine forests, rolling carpets of tea, misty mountains outlined with dark green trees and cool blasts of wind. Sembuwatta Lake is popular as a “paradise” by local and foreign tourists.  The serene atmosphere of the Lake and its surroundings is only disturbed by the rustling of leaves of nearby trees as they sway in the cool mountain air. At times, the location is mist engulfed, especially by mid afternoon but the mist shifts with wind rendering a cinematic experience. Grayish-brown colored huts with wooden structures and thatched roofs ...

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https://www.rnz.co.nz/assets/news/236379/eight_col_Fauci.jpg?1594874340 Top US diseases expert Dr Anthony Fauci has warned of another surge in Covid cases after Christmas – even with the rise following Thanksgiving still being tackled. Photo: AFP He said the longer Christmas/New Year period may be even more of a challenge. The US is seeing peak infections of close to 200,000 a day on average with record numbers of people in hospital. California is under a strict new lockdown, with other states announcing record increases. President Donald Trump has been accused of playing down measures such as mask wearing but the US has also had to deal with different states taking different approaches to tackling the virus. Dr Fauci, who has been asked by President-elect Joe Biden to be his Covid chief medical adviser, told CNN his concerns for Christmas were the same as his concerns for Thanksgiving, “only this may be even more compounded because it’s ...

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   Video Source: abc 07.47. (7/12/2020) touchdown,  Monday morning, you guessed it. The first International flight into Melbourne, coming from Colombo, Sri Lanka has made it safely, now to face the new, much tougher entry requirements that will be required of both the Airline crew and the passengers, quarantined under very strict conditions, overseen, this time, by ADF (Australian Defence Force) Personnel, as it should have been, in the first place, anyway.         First down, again, since June 2020, and it really does not matter where in the World they come from, visitors could well be carrying the dreaded Covid bug (without even knowing it), and Victoria Australia, of all places, is certainly not going to make the same mistakes they made initially, leading to the toughest restrictions in Australia, in an effort to eradicate C.V,19., this one, too little, it now seems, and far too late, to ...

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https://www.rnz.co.nz/assets/news_crops/114579/eight_col_P435.jpg?1607382336 The Reserve Bank (RBNZ) has confirmed limits on risky property lending are officially on the way back, but does not expect they will have much impact on house prices. The absence of LVRs has been blamed in part for the surge in house prices. Photo: RNZ / Richard Tindiller It has started consultation on reimposing loan to value ratios (LVRs) from March next year. RBNZ Deputy Governor Geoff Bascand said the economy and property market had recovered stronger than expected and the amount of riskier lending had increased. “Lending at higher LVRs has risen, particularly for investors, and there are signs that this trend is accelerating.” “The Reserve Bank is concerned that increases in highly-leveraged borrowing, if continued, could lead to emerging risks to financial stability.” The LVRs were suspended in April as part of a raft of measures to support the economy and households when Covid-19 struck. They ...

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https://www.beehive.govt.nz/sites/default/files/2017-11/beehive-red-og_0.png The Government has today announced a raft of initiatives in its response to the recommendations to the Royal Commission of Inquiry into the Terrorist Attack on Christchurch Masjidain. These actions will promote inclusion for all New Zealanders while recognising and responding to the value diversity brings to our communities. The Government will support our diverse communities by: creating a Ministry for Ethnic Communities establishing an Ethnic Communities Graduate Programme providing wrap around services for the families of 51 Shuhadah and others affected by the attack establishing a National Centre of Excellence to focus on diversity, social cohesion, and preventing and countering violent extremism trialling support for young children to improve their self-regulation, resilience, and social skills The Government will tackle harmful behaviour and discrimination by: establishing the New Zealand Police programme Te Raranga, The Weave, to respond to hate crime and hate incidents Strengthening the capacity of the Human ...

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