Need help with Towny plugin.

Whenever i type in /town new Gotham, i get a message that says "An internal error occured while trying to preform this command." This is the error report.

22:34:51 [INFO] [PLAYER_COMMAND] greeeneyguy7: /town new GOTHAM
22:34:51 [SEVERE] null
org.bukkit.command.CommandException: Unhandled exception executing command 'town
' in plugin Towny v0.79.1.0
at org.bukkit.command.PluginCommand.execute(PluginCommand.java:42)
at org.bukkit.command.SimpleCommandMap.dispatch(SimpleCommandMap.java:16
6)
at org.bukkit.craftbukkit.CraftServer.dispatchCommand(CraftServer.java:4
69)
at net.minecraft.server.NetServerHandler.handleCommand(NetServerHandler.
java:910)
at net.minecraft.server.NetServerHandler.chat(NetServerHandler.java:870)
at net.minecraft.server.NetServerHandler.a(NetServerHandler.java:853)
at net.minecraft.server.Packet3Chat.handle(Packet3Chat.java:33)
at net.minecraft.server.NetworkManager.b(NetworkManager.java:229)
at net.minecraft.server.NetServerHandler.a(NetServerHandler.java:118)
at net.minecraft.server.NetworkListenThread.a(NetworkListenThread.java:7
8)
at net.minecraft.server.MinecraftServer.w(MinecraftServer.java:554)
at net.minecraft.server.MinecraftServer.run(MinecraftServer.java:452)
at net.minecraft.server.ThreadServerApplication.run(SourceFile:490)
Caused by: java.lang.NullPointerException
at com.palmergames.bukkit.towny.object.TownyEconomyObject.getEconomyAcco
unt(TownyEconomyObject.java:175)
at com.palmergames.bukkit.towny.object.TownyEconomyObject.getHoldingBala
nce(TownyEconomyObject.java:147)
at com.palmergames.bukkit.towny.object.TownyEconomyObject.canPayFromHold
ings(TownyEconomyObject.java:207)
at com.palmergames.bukkit.towny.object.TownyEconomyObject._pay(TownyEcon
omyObject.java:44)
at com.palmergames.bukkit.towny.object.TownyEconomyObject.pay(TownyEcono
myObject.java:33)
at com.palmergames.bukkit.towny.command.TownCommand.newTown(TownCommand.
java:835)
at com.palmergames.bukkit.towny.command.TownCommand.parseTownCommand(Tow
nCommand.java:124)
at com.palmergames.bukkit.towny.command.TownCommand.onCommand(TownComman
d.java:95)
at org.bukkit.command.PluginCommand.execute(PluginCommand.java:40)
... 12 more
>

 

Are there any updates for Towny available for your craftbukkit version?