Latest Breaking Auckland News and Current Events
Banks flex muscle on Hanover
Auckland :: New Zealand | about 4 hours ago | Business News
Source: Wellington Dominion
Banks ranking ahead of Hanover Finance with mortgages on toxic property developments are foreclosing, forcing fire sales that could lose Hanover millions in writedowns. This will ultimately mean less money in the pot for Hanover's 17,000 investors, owed $505m.
3 news stories / 0 blog posts / 0 images / 0 videos / 0 voices
Shell drops fuel prices
Auckland :: New Zealand | about 3 hours ago | Business News
Source: New Zealand Herald
Friday Dec 05, 2008 Fuel prices are dropping by four cents a litre at Shell and Gull petrol stations this morning. Shell spokeswoman Kylie Reeves said the fall was due to a decrease in the international prices for refined fuel....
3 news stories / 0 blog posts / 15 images / 1 video / 0 voices
Ticket bargain for Beckham match (NZPA)
Auckland :: New Zealand | about 6 hours ago | Sports News
Source: Xtra News
Ticket bargain for Beckham match December 5, 2008, 11:14 am Soccer fans can see David Beckham's silky skills on the pitch tomorrow for a bargain half price, after ticket prices were slashed to boost the crowd.
4 news stories / 1 blog post / 2 images / 5 videos / 0 voices
NZ dollar falls after European rate cut (NZPA)
Auckland :: New Zealand | about 4 hours ago | Business News
Source: Xtra News
NZ dollar falls after European rate cut Friday December 5, 09:01 AM The New Zealand dollar tumbled against the euro after the European Central Bank cut its interest rates by 75 basis points to leave its benchmark rate at 2.5...
2 news stories / 1 blog post / 10 images / 4 videos / 0 voices
Mortgage battles emerge from finance company carnage
Auckland :: New Zealand | about 6 hours ago | Business News
Source: National Business Review
Relations between moneylenders are icing up in a frozen property market. McDouall Stuart’s recent report on the finance company sector points to a breakdown in relations between first and lower-ranking mortgagees. The lack of cooperation is on a scale not...
2 news stories / 0 blog posts / 0 images / 0 videos / 0 voices
BA told to choose in merger
Auckland :: New Zealand | about 15 hours ago | Business News
Source: Sydney Morning Herald
Qantas and the Spanish carrier Iberia to decide which airline it wants to deal with, as both insist parallel talks about mergers are not viable. It comes as Australian analysts cast doubts about the benefits to Qantas of a merger...
3 news stories / 1 blog post / 1 image / 3 videos / 1 voice
U of M plant study retracted from prestigious journal
Auckland :: New Zealand | about 5 hours ago | Technology News
Source: Canadian Broadcasting Corporation
A University of Manitoba study is being retracted from the science journal Nature. (CBC) The receptor had eluded scientists for two decades and was published and featured in the editor's summary in a January 2006 edition of Nature, one of...
2 news stories / 0 blog posts / 0 images / 0 videos / 0 voices
Bishop says Govt is considering infrastructure bank
Auckland :: New Zealand | about 11 hours ago | Technology News
Source: Australian Broadcasting Corporation
The Opposition has been questioning the Government about how it plans to work with the states to pay for infrastructure projects. Deputy Liberal leader Julie Bishop says Treasurer Wayne Swan has not ruled out setting up a bank. "Given the...
2 news stories / 0 blog posts / 2 images / 0 videos / 0 voices
Second ACC blowout threatens to erode benefit of tax cuts
Auckland :: New Zealand | about 9 hours ago | Political News
Source: New Zealand Herald
ACC Minister Nick Smith yesterday revealed officials wanted to increase levies on workers to cover a $1.33 billion shortfall in the earners account over the next three years...If Dr Smith follows the officials' advice, the average worker on $47,000 a...
2 news stories / 0 blog posts / 0 images / 0 videos / 0 voices
Hore rewarded for top year
Auckland :: New Zealand | about 16 hours ago | Sports News
Source: New Zealand Infotech Weekly
Hurricanes hooker Andrew Hore has headed off his more high-profile All Blacks teammates to be named New Zealand rugby's player of the year. Hore pipped All Blacks captain Richie McCaw and surprise finalist Piri Weepu to win New Zealand rugby's...
3 news stories / 1 blog post / 5 images / 5 videos / 0 voices
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