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Tales of incompetence and woe in quake city

Before homes can be repaired the EQC repair programme requires soil testing - and now, flood modelling too

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| Chris Hutching for NBR NZ Property Investor | Wednesday December 11, 2013 | 6 comments

"Chris ... thank you for a most informative article. A top-down bureaucratic disaster."

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MARKET CLOSE NZ: shares slip on Fonterra dividend cut

Wednesday December 11, 2013

Fonterra units sink back to issue price as product squeeze hurts dividend, earnings outlook
Chorus warns of more earnings pain from latest review on copper lines

Synlait Milk flags faster growth in 2014 as Fonterra cuts guidance

Paul McBeth | Wednesday December 11, 2013

Fonterra units sink back to issue price as product squeeze hurts dividend, earnings outlook

Jonathan Underhill | Wednesday December 11, 2013 | 9 comments

"The higher the price paid to farmers the greater margin is squeezed and the lower dividends through the fund. "

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Resource consents for Solid Energy's $60m Cypress mine expansion still valid – High Court

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| Stephanie Flores | Wednesday December 11, 2013 | 1 comment

Car Torque: Holden Axes Australian Assembly

David Linklater | Wednesday December 11, 2013

Ogilvy GM quits

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| Victoria Young | Wednesday December 11, 2013

Inner-city Auckland residents take Bunnings decision to Environment Court

NBR Staff | Wednesday December 11, 2013

Residents in Arch Hill have so far spent $50,000 to oppose a DIY retail store.

Bunnings gets consent for Grey Lynn site

Abano shareholders ask: Where have all the profits gone? Grant Samuel responds

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| Duncan Bridgeman | Wednesday December 11, 2013

Chorus warns of more earnings pain from latest review on copper lines

Paul McBeth | Wednesday December 11, 2013 | 11 comments

Seven ways to make the UFB rollout cheaper

"Nobody should be surprised that the regulator thinks Chorus is charging too much for these services"

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The LVR backdown - why it happened and what it means

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| Rob Hosking | Wednesday December 11, 2013 | 10 comments

"The Government should now also restrict foreign buyers to new-builds - as is the case in Australia."

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Wellington’s biggest leaky building battle goes another round

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| Victoria Young | Wednesday December 11, 2013

Court loosens weathertight homes criteria

$US200m startup promises Kiwis cheaper broadband via satellite but …

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| Chris Keall | Wednesday December 11, 2013

MRP freezes energy price until April 2015

Paul McBeth | Wednesday December 11, 2013 | 3 comments

NetSafe NZ warns of new ransomware threat following three attacks today

NBR Staff | Wednesday December 11, 2013 | 1 comment

CryptoLocker malware has hit consumers, small business people - who have to pay around $500 to get locked up computer files decrypted.

A Spy Year

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| Penny Pepperell of Capital Letter | Wednesday December 11, 2013

Beleaguered Cornwall Park trust board defends rental write down

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| Victoria Young for NBR NZ Property Investor | Wednesday December 11, 2013 | 2 comments

Bloopers from this morning’s John Banks hearing

Stephanie Flores | Wednesday December 11, 2013 | 12 comments

"It’s easy to criticise and do nothing."

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Man free-climbs Auckland's Metropolis in Samsung publicity stunt

NBR staff | Wednesday December 11, 2013

Hands on with Samsung's Galaxy Gear smart watch (PHOTOS, VIDEO)

NBR Business Pulse

When will Wheeler raise rates?

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Does the late change to LVR rules mean the Reserve Bank is becoming too politically sensitive?

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Paid content Tales of incompetence and woe in quake city
Paid content Shareholder group favours Kiwi internalisation
Paid content Wellington’s biggest leaky building battle goes another round
Paid content The LVR backdown - why it happened and what it means
Paid content Beleaguered Cornwall Park trust board defends rental write down
Reserve Bank backs down on loan rules

Sym	Price	Change
USD	0.8279	-0.0027	-0.33%
AUD	0.9070	-0.0012	-0.13%
EUR	0.6014	-0.0020	-0.33%
GBP	0.5040	-0.0009	-0.18%
HKD	6.4189	-0.0200	-0.31%
JPY	84.8110	-0.6350	-0.74%

Commodity	Price	Change	Time
Gold Index	1261.8	26.900	2013-12-10T00:
Oil Brent	109.1	-0.010	2013-12-10T00:
Oil Nymex	98.5	0.990	2013-12-10T00:
Silver Index	20.3	0.610	2013-12-10T00:

Symbol	Open	High	Last	%
NZX 50	4706.5	4716.5	4706.5	-0.05%
NASDAQ	4061.2	4074.0	4068.8	-0.20%
DAX	9093.3	9123.6	9114.4	0.05%
DJI	16024.1	16029.1	16025.5	-0.33%
FTSE	6523.3	6532.8	6523.3	0.10%
HKSE	23686.8	23693.5	23744.2	-1.71%
NI225	15509.9	15562.3	15611.3	-0.62%

1	G.J. Gardner Homes
2	University of Auckland
3	Westpac
4	BNZ
5	Reserve Bank of New Zealand

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