Kinloch, New Zealand
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Kinloch, New Zealand
Kinloch (from gd, Ceann Loch) is a small town on the most northerly bay of Lake Taupō, by road northwest of Taupō on the North Island Volcanic Plateau of New Zealand. It is in the Waikato region. History Sir Keith Holyoake, then the Deputy Prime Minister and Minister of Agriculture of New Zealand, purchased the land in 1953 in partnership with his friend Theodore Nisbet Gibbs and Gibbs' son Ian. The land, which had been purchased from Ngāti Tūwharetoa iwi in 1884, was a block of 5,385 acres largely covered in scrub and fern. In 1956 Holyoake's son purchased an additional 769-acre block of land to the west of the existing block, with additional lake frontage, from the Ngāti Tūwharetoa iwi. The land was originally named Whangamatā Station, but the town was renamed Kinloch partly to distinguish it from Whangamatā in the Bay of Plenty. Kinloch was developed into a holiday destination. The first sections were sold in 1959 for between NZ£550 to NZ£1500 each. The Kinloch m ...
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Lake Taupō
Lake Taupō (also spelled Taupo; mi, Taupō-nui-a-Tia or ) is a large crater lake in New Zealand's North Island, located in the caldera of the Taupō Volcano. The lake is the namesake of the town of Taupō, which sits on a bay in the lake's northeastern shore. With a surface area of , it is the largest lake by surface area in New Zealand, and the second largest freshwater lake by surface area in geopolitical Oceania after Lake Murray in Papua New Guinea. Motutaiko Island lies in the southeastern area of the lake. Lake Taupō has a perimeter of approximately and a maximum depth of . It is drained by the Waikato River (New Zealand's longest river), and its main tributaries are the Waitahanui River, the Tongariro River, and the Tauranga Taupō River. It is a noted trout fishery with stocks of introduced brown and rainbow trout. The level of the lake is controlled by Mercury Energy, the owner of the eight hydroelectric dams on the Waikato River downstream of Lake Taupō, usin ...
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New Zealand Pound
The pound (symbol £, £NZ. for distinction) was the currency of New Zealand from 1840 until 1967, when it was replaced by the New Zealand dollar. Like the pound sterling, it was subdivided into 20 shillings (abbreviation s or /) each of 12 penny, pence (symbol d). History Up until the outbreak of the World War I, First World War, the New Zealand pound was at parity with one pound sterling. As a result of the great depression of the early 1930s, the New Zealand agricultural export market to the UK was badly affected. Australian banks, which controlled the New Zealand exchanges with London, devalued the New Zealand pound to match the value of the Australian pound in 1933, from parity or £NZ 1 = £1 sterling to £NZ 1 = 16s sterling (£0.8). In 1948 it returned to parity with sterling or £NZ.1 = £1 sterling. In 1967, New Zealand decimalised its currency, replacing the pound with the New Zealand dollar, dollar at a rate of $NZ 2 = £NZ 1 (o ...
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