OIO

 

PHOTO: GETTY-IMAGES Matt Lauer before he lost his broadcasting job at NBC.

American broadcaster Matt Lauer dug much deeper into his wallet for Hunter Valley Station than the $13 million initially reported – he actually paid $17 million for it a year ago.

The $13m was the rating value for the 10,759 hectare Crown pastoral lease property overlooking Lakes Hawea and Wanaka.

At the time, recreational groups were angry the Overseas Investment Office (OIO) failed to insist on wider public access.

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