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  • Wealthy Auckland suburbs slugged again with big rates hikes

    National Business Review - Wednesday 22nd May, 2013

    Subscribe to NBR Print or NBR ONLINE paid content and be in to win the all-new BMW 320i xDrive Touring valued at $83,800 For the first time in New Zealand, the BMW 3 Series Touring is now available with BMW xDrive, the world's most sophisticated all-wheel drive system. Based on the award winning 3 Series Sedan, the Touring is set to raise the bar once again, starting from just $77,800* ...

  • Kiwi falls after Fed hints at slower money printing

    National Business Review - Wednesday 22nd May, 2013

    The New Zealand dollar fell after US Federal Reserve chairman Ben Bernanke said the central bank may taper monthly bond purchases at its next few meetings if it is confident of sustained gains in the economy. The kiwi dropped to 80.64 US cents from 81.47 cents at 5pm in Wellington yesterday. The trade-weighted index fell to 76.38 from 76.82 yesterday. The Dollar Index, a measure of the ...

  • Black Sticks lose sixth and final Test

    NZ City - Wednesday 22nd May, 2013

    Korea have beaten New Zealand 4-0 in their men's international hockey series in Auckland after winning the sixth and final Test 2-1.The visitors handled wet conditions on Wednesday well, scoring the only goal of the first half through Nam Young Lee and finding a winner via Hyun Woo Nam after New Zealand had equalised soon after halftime with a goal to Stephen Jenness.Coach Colin Batch says ...

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  • NBR TOP PROPERTIES Auckland vs Wellington

    National Business Review - Wednesday 22nd May, 2013

    This week its a battle between the Supercity and the "dying city". Here’s the best of the best in Wellington and Auckland, from $1 million-plus homes to CBD apartments to city-fringe ...

  • Hui being scheduled to discuss report on raids

    New Zealand Herald - Wednesday 22nd May, 2013

    A hui is being scheduled in Ruatoki to discuss a report that found police acted unlawfully during raids in the area six years ago. The Independent Police Conduct Authority released a blistering report yesterday into police actions, which found officers were unjustified in establishing road blocks and detaining and searching some people during the raids. Amongst the authority's recommendations ...

  • Update 1-New ZealandAustralia Morning Call-Global markets

    Reuters - Wednesday 22nd May, 2013

    -----------------------(06:35 / 2035 GMT)----------------------- Stock ...

  • While you were sleeping Fed opens door to QE easing

    National Business Review - Wednesday 22nd May, 2013

    US stocks and bonds fell, both giving up earlier gains, after Federal Reserve chief Ben Bernanke suggested the central bank might scale back stimulus measures as early as at its next meeting. "If we see continued improvement and we have confidence that that is going to be sustained, then we could in-in the next few meetings, we could take a step down in our pace of purchases," Mr ...

  • Helen Clark moves up ranks of powerful women

    TVNZ - Wednesday 22nd May, 2013

    UN Development Programme (UNDP) Administrator Helen Clark speaks during a meeting of Resident Coordinators and Resident Representatives of the UN in the Middle East and North Africa, in Rabat March 30, 2012 ...

  • Supercity plans nudged by rival merger idea

    TVNZ - Wednesday 22nd May, 2013

    Source: Photos.com The countdown to a Wellington supercity is about to begin. What has been a slow, lumbering journey towards local government amalgamation in the region got a jolt yesterday when the Masterton, Carterton and South Wairarapa district councils asked the Local Government Commission to merge them into a single entity. In doing so, they started a process that is likely to see ...

  • Kiwis booked on worlds first commercial space flight

    New Zealand Herald - Wednesday 22nd May, 2013

    Virgin Galactic's SpaceShipTwo under rocket power. Photo / AP A number of Kiwis have already stumped up a total of more than $1.8 million to book a place on the world's first commercial space flight. Virgin Galactic hopes to be taking commercial flights outside of the earth's atmosphere by 2014. Eight New Zealanders have signed up with House of Travel already. Expert agent ...

  • Kiwi firm makes app for Will Smith blockbuster

    New Zealand Herald - Wednesday 22nd May, 2013

    A New Zealand firm operating out of the UK has taken the lead role in developing the official app for new sci-fi thriller After Earth, starring father and son duo Will and Jaden Smith. BeyondTheStory - which started in Wellington in 2005 before relocating to London four years later- has created After Earth: Kitai's Journal for Sony Pictures Entertainment/Overbrook ...

  • Enraged pupil sees school go into lock down

    TVNZ - Wednesday 22nd May, 2013

    Source: ONE News An Invercargill primary school principal who called police yesterday to deal with an out-of-control pupil said it was the sensible thing to do in the circumstances. Classes at Fernworth Primary School were locked down and police called when an agitated 11-year-old boy became aggressive towards other pupils and threw school equipment around the hallway. Principal Anne ...

  • Kiwis fork out over $1.8m for Virgin space flights

    TVNZ - Wednesday 22nd May, 2013

    Branson confident of year-end space target Kiwi travellers are snapping up the chance to experience a trip of a lifetime, spending more than $1.8 million on space travel. Eight New Zealanders have forked out more than $200,000 each to book a place on the world's first commercial space flights. Tickets are being sold through House of Travel at a cost of $224,000. In an advertisement ...

  • Helen Clark ranked 21st most powerful woman

    New Zealand Herald - Wednesday 22nd May, 2013

    Helen Clark has been ranked as the 21st most powerful woman in the world by Forbes magazine. The head of the UN's development programme is the only New Zealander in the list of 100 women - and moves up from number 50 two years ago and 61 two years before that. It is the ninth time she has featured on the list. Helen Clark is in charge of a budget of almost $6 billion and a staff of 8000 in 177 ...

  • Surge in fake notes worries shopkeepers

    New Zealand Herald - Wednesday 22nd May, 2013

    Photo / NZPA Fake $100 notes are circulating in Auckland, with one group of businesses being targeted repeatedly. Several Otara businesses have received the counterfeit notes with one man recognised by several retailers as someone using the fake money. Bhajnam Kaur, 31, received one at her Chapel Downs dairy on Tuesday. It wasn't the first time and when she spoke to ...

  • KiwiRail eyeing asset cash

    New Zealand Herald - Wednesday 22nd May, 2013

    Labour transport spokesman Ian Lees-Galloway said he was not surprised the Government was tipping more cash into KiwiRail. Photo / Natalie Slade Struggling KiwiRail may soak up almost $600 million - or a tenth of the cash raised from partially privatising state-owned power companies, Budget documents reveal. In last week's Budget, Transport Minister Gerry Brownlee announced ...

  • Familys home raid heartbreak

    New Zealand Herald - Wednesday 22nd May, 2013

    Candy Atkinson says she's horrified such young children could think of destroying her family's home as they have. Photo / Christine Cornege Candy Atkinson and her three children huddle together in a friend's bedroom at night and struggle to sleep a week after a group of kids burgled and trashed their home. Four children, aged just 12 and 13, have been referred to Youth ...

  • NZ still the kid in intelligence family

    New Zealand Herald - Wednesday 22nd May, 2013

    Chief of Defence Force Lieutenant General Rhys Jones. Photo / Greg Bowker When it comes to the Five Eyes intelligence sharing grouping, it's like a family with the United States and Britain as parents, and New Zealand being the 5-year old that others were made to play with. That's how Chief of Defence Force Lieutenant General Rhys Jones described the grouping yesterday, while trying ...

  • Rent aid for new tenants only

    New Zealand Herald - Wednesday 22nd May, 2013

    Minister Nick Smith. Photo / Mark Mitchell Housing Minister Nick Smith has finally cleared up a mystery from last week's Budget - disclosing that only new tenants moving into community housing, and not existing tenants, will get state-subsidised rents. That explains how he was able to extend income-related rental subsidies to community housing tenants for an average of only $35 a week per ...

  • Residents inwardly bitter over officers actions

    New Zealand Herald - Wednesday 22nd May, 2013

    Tame Iti says he holds former Prime Minister Helen Clark responsible for the impact the Urewera raids have had on Tuhoe. Photo / Alan Gibson Residents of the eastern Bay of Plenty say there is still an "inner bitterness" towards police after the way they were treated during the Urewera raids. Jack Purewa, brother of activist Tame Iti, remembers being made to kneel for hours with no ...

  • New mum unaware of pregnancy

    New Zealand Herald - Wednesday 22nd May, 2013

    Erica Gunther and Thomas Jones, who says he was told by doctors he would be a father 10 minutes before Laurelin was delivered. Photo / Otago Daily Times Thomas Jones and Erica Gunther have the ultimate souvenir of their New Zealand holiday. Mr Jones, 23, from England, and his United States-born partner Ms Gunther, 22, had been in New Zealand for a few weeks when they had the biggest, and best, ...

  • Heating homes properly out of reach for many - survey

    New Zealand Herald - Wednesday 22nd May, 2013

    Photo / Thinkstock One in three New Zealanders can't afford to heat their homes properly in winter, an especially acute issue for younger people, a survey shows. A University of Otago public health professor said the findings were concerning because living in a cold house can have serious heath implications. A nationwide Canstar Blue survey of 2060 people found 74 per cent have changed ...

  • Pre-trial hearing adjourned for Kiwi in Canada

    New Zealand Herald - Wednesday 22nd May, 2013

    A pre-trial hearing for an ex pat New Zealander accused of murdering his wife in Canada has been adjourned. Former Napier city councillor Peter Beckett, 56, was due to stand trial at Salmon Arm Provincial Court for the murder of his wife Laura Letts-Beckett by allegedly pushing her off a boat in 2010. The pre-trial opened yesterday in Canada [Tuesday local time] but was adjourned ...

  • $100k car scam

    New Zealand Herald - Wednesday 22nd May, 2013

    An online car dealer has been snared placing thousands of fake bids on more than 500 of its own auctions. The Auto Co (Millennium) Ltd pilfered more than $100,000 from Trade Me users in a year by "shill bidding" on $1 reserve auctions. The company was the biggest motor trader on the site at the time and the case is the largest of its kind in New Zealand. The scam came ...

  • Storm chaser joins rescue effort as dream trip turns to nightmare

    New Zealand Herald - Wednesday 22nd May, 2013

    Neill Ellis travelled from his Bay of Plenty home to "Tornado Alley" in the United States to fulfil a lifelong dream. But what he saw when a huge twister ravaged the community of Moore on the outskirts of Oklahoma City was the stuff of nightmares. The Tauranga man was the only Kiwi in a group of storm-chasers - the others were Australians and Americans - on a five-week trip to the region, where ...

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