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Government pays $1.8m for natural gem in Nelson

The Government has purchased a 758 hectare Nelson property to ensure public access to Harwood's hole, the deepest vertical cave shaft in New Zealand.

Monday, April 26th 2004, 1:49AM

by The Landlord

Conservation Minister Chris Carter said the purchase of Canaan Downs Farm for $1.8 million ensured a "natural gem" would not be subdivided and sold off to developers.

Canaan Downs Farm covers an area around Takaka Hill next to the Abel Tasman National Park and is part of the last stronghold of a rare species of carnivorous land snail.

"The farm is the main access way to Harwood's Hole, a 176 metre marble shaft that is an increasingly popular destination for cavers and sightseers," Mr Carter said.


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ANZ 5.69 5.09 5.09 5.39
ANZ Blueprint to Build 7.39 - - -
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CFML Home Loans ▼6.05 - - -
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CFML Standard Loans ▼6.95 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
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Co-operative Bank - First Home Special - 4.35 - -
Co-operative Bank - Owner Occ 4.99 4.45 4.49 4.79
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Credit Union Auckland 7.70 - - -
First Credit Union Special - 4.79 4.95 -
First Credit Union Standard 6.49 5.39 5.55 -
Heartland Bank - Online ▼5.30 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 7.45 5.90 5.80 -
ICBC 5.39 4.25 4.59 4.79
Kainga Ora 6.29 4.75 4.75 4.99
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Kainga Ora - First Home Buyer Special - - - -
Kiwibank 5.65 5.39 5.39 5.65
Kiwibank - Offset 5.65 - - -
Kiwibank Special 6.15 4.49 4.49 4.85
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society ▼6.49 4.59 ▼4.59 -
Pepper Money Near Prime 6.55 - - -
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Unity First Home Buyer special - 3.99 - -
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