Highlanders news

UPDATED

### Channel 9 News Fri 16 Oct 2009 5.55pm
ODT’s Barry Stewart confirmed the chair of the Highlanders board, Stuart McLauchlan, has stood down. More in Saturday’s newspaper.

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### ODT Online Sat, 17 Oct 2009
Rugby: McLauchlan ends stint as Highlanders boss
By Steve Hepburn
Highlanders chairman Stuart McLauchlan is standing down from the position, denying he was pushed and saying he does not have enough time to dedicate to the role.
Read more

● DCC has yet to announce its Highlanders board member.

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Posted by Elizabeth Kerr

DCC $764,000 in the red

Timing is everything. The audit didn’t consider some of the issues [including stadium budget issues] that had caused ratepayer concern, such as the level of debt the council was carrying.

### ODT Online Fri, 16 Oct 2009
Audit NZ gives DCC a tick of approval
By David Loughrey
The Dunedin City Council ended the 2008-09 financial year $764,000 in the red, well down from an expected surplus of more than $18 million.
Read more

### ODT Online Fri, 16/10/2009 – 9:35am.
Comment by MDownes on DCC audit
So, the DCC is more than $18,764,000 out of pocket at the end of the financial year compared to what was expected and Audit NZ gives them a tick of approval? This financial outcome has been purely self-inflicted due to the new stadium with resulting sky-rocketing debt. To think the council gets a pat on the back for this shameful performance. You can get away with anything these days…

### ODT Online Fri, 16 Oct 2009
Revival lifts Waipori fund $3.5 million
By David Loughrey
A more buoyant economy in New Zealand and Australia has helped the Dunedin City Council’s Waipori fund claw back $3.5 million of its value, following hits the fund took during the recession.
Read more

Post by Elizabeth Kerr

Stadium Pic of the Day

I can almost imagine sitting up on those soon to be completed seats and taking in an event. The form is filling out.

Posted by Paul Le Comte