New Zealand’s New Banknotes

New note with brighter colours and added security features

New Zealand’s bolder and brighter new banknotes will enter circulation from October 2015. Holographic features will help to ensure the notes easy to verify but harder to counterfeit. The transparent windows in the current banknotes will also be much larger in the new designs, featuring a greater level of both design and security.

The notes are at the forefront of technology according to Reserve Bank deputy-governor Geoff Bascand. Counterfeit rates are low in New Zealand compared with the rest of the world, but technology changes were making counterfeiting easier. The new notes would allow New Zealand to stay ahead of the game, he said.

The new banknotes will be released progressively, with the target date for the release of the $5 and $10 notes for October 2015. The new $20, $50 and $100 notes would be released in April 2016. Both current notes and the new notes will be circulated together as legal tender, and the Reserve Bank expected it would take 12-18 months for the majority of notes in circulation to be new.


Remarkables ski area opens to best conditions in 6 years

Skiers enjoy the new facilities at the Remarkables ski area

The new facilities at the Remarkables opened on Saturday with excellent ski conditions due to a 10 meter snow fall. The new ski area opened with 1.15 meters of snow on the trails and wall-to-wall skiing on and off piste.

Reaction to the new state of the art base building was overwhelmingly positive according to ski area manager Ross Lawrence. “The place is buzzing with a tremendous amount of energy created by happy skiers and snowboarders.”

NZSki chief executive Paul Anderson said he was delighted to see the most substantial ski area investment made in the Southern Lakes area come to life.

“Overall the upgrade increases the capacity of The Remarkables by 40 per cent which is good news for not only the ski industry but for all the businesses in Queenstown and the Southern Lakes that directly benefit as a result.”


New Listing – 142 Tucker Beach Road, Queenstown

High quality home with one hectare land parcel

Positioned and elevated above the banks of the Shotover River and facing north to Coronet Peak this is one of the finest riverfront locations in the Queenstown District.The one hectare land parcel is improved with a small vineyard of Pinot Noir grapes flanking the entrance driveway which winds down to the house.

Perfect for entertaining whatever the season, this is a unique Queenstown property that has been finished to the highest level.

For more information regarding this property please follow the link to:
142 Tucker Beach Road, Queenstown


Reduced – Two Waterfront Titles

Stunning Waterfront Property on Two Titles Reduced to Under $1,000,000

This property is all about the land, the clarity and the outstanding beauty. It will help you appreciate why this part of the Bay of Islands is one of Northland’s best kept secrets.

A very comfortable house exists on one lot but the opportunity to build an iconic home to maximize the location must be high on the list of dreams for anyone with a love of the real kiwi beach lifestyle.

For more information regarding this property please follow the link to:
Waipiro Bay Waterfront, Bay of Islands


Hong Kong’s Most Expensive Duplex Sells for $497 Million

Opus Designed by Frank Gehry is the Most Expensive Apartment in Hong Kong

Swire Properties has sold a duplex apartment at the ultra-swanky Opus Hong Kong in Mid-Levels for HK$497 million, setting a record as Asia’s most expensive flat.
The sale price represents a 4.25 per cent discount from the list price of HK$520 million on the development’s website.

Completed in 2012 Opus is a 12-storey super-deluxe property dubbed Hong Kong’s most expensive apartment block.

It is Canadian-American architect Frank Gehry’s first residential building in Asia and features an unusual twisted shape. Each unit has floor-to-ceiling windows and commands 360-degree views of Victoria Harbour and Mount Cameron.

The 5,188 sq ft duplex flat A, on the ground and first floors of Opus Hong Kong at 53 Stubbs Road and including 2 car parking spaces, was sold at HK$95,971 per square foot.

That breaks the previous record for price per square foot, set in April, when a company director with a Singaporean passport, Wang Shuang, paid HK$93,000 per square foot for a HK$433.8 million home on the 45th floor of 39 Conduit Road.


New Base Opens at Remarkables Ski Field

Remarkables Base Building and Facilities open June 20

The Remarkables ski area will celebrate its 30 year anniversary with the opening of its new state-of-the-art base building. Other developments include a new chair lift, improved roading, an increased number of car parks and access from car park to snow.

Designed to accommodate 3,500 guests per day, it will house the snowsport school, retail tenancies and rental equipment. The top floor features an extensive restaurant and cafe with a 10-metre-high glass frontage to the ski area that provides guests with extensive views of the ski area terrain and lifts.

According NZ Ski chief executive Paul Anderson “This is the most substantial ski area investment made in the Southern Lakes area since the base building upgrade at Coronet Peak in 2007,” Anderson says that.“Overall, the upgrade increases the capacity of the ski area by 40 per cent, from 2,500 to 3,500 skiers per day.”

Unique Work Space at Spendvision Headquarters

Daffodil Room at Spendvision Headquarters designed by AECOM

The interiors division of AECOM have captured the “young elegance” required by Spendvision, a transaction management company. Coders inhabit the colourful offices which are detailed with quirky references to computer lexicon.

Binary code wraps the walls of the meeting rooms telling stories and in-house jokes in addition to providing privacy. Black marker boards allow for easy notation and brainstorming during informal meetings. A dramatic internal staircase leads to the staff cafe, gaming area complete with table tennis, foosball and putting green.

Flexible zones around the central core of the building allow for more work spaces as the company expands. Meeting rooms are named after cities where the New Zealand company has offices, paying homage to its global presence.


McCahon Exhibition at Gow Langsford Gallery, Auckland

Available – Oil on Hardboard French Bay 1957

Colin McCahon: Chief of the Canoe is a collection of significant works by Colin McCahon showing from June 24 to July 18. The title of the exhibition borrows from the eight panelled The Canoe Tainui – an epical work from 1969 and metaphorically instates McCahon as a leader of twentieth century New Zealand art.

Colin McCahon: Chief of the Canoe brings together a grouping of masterworks and includes paintings from the Elias (1959), Visible Mysteries (1968), Rocks in the Sky (1976), and Jump (1974) series’ and an early religious work (1947).


Queenstown Snowfall Marks Beginning of Ski Season

Coronet Peak with ample snow opening June 13 – photo credit NZ Ski

CEO of NZ Ski, Paul Anderson said the latest southerly storm has given Queenstown’s Coronet Peak and The Remarkable’s the best possible start to winter with up to half a metre of snow blanketing both ski areas.  Ski fields will be opening around mid June beginning with Coronet Peak and Cardrona Alpine resort on the 13th.

“This sets us up for a great start to the 2015 season. We’ve got our groomers out working to pack down the snow on piste and with cold temperatures expected for the rest of the week, we can continue to make more snow on top of a fantastic natural base. The snowfall will help to ensure ideal conditions for guests on opening day.”

 

 


PRICE REDUCED BY $200,000 – 582 Speargrass Flat Road, Queenstown

Four bedroom home with privacy and space

Just a few kilometres from Arrowtown is this timeless country home, clad in cedar and stone, and set on 2.8 acres of beautiful parklike grounds. This is a substantial home which remains true to its style throughout with outstanding attention to detail. The open plan kitchen, dining and living areas have high ceilings, which fill the rooms with natural light and open out to the garden. A veranda wraps around the house creating great indoor / outdoor entertaining spaces.

For more information regarding this property follow the link to 582 Speargrass Flat Road, Queenstown


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