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Latest fromAustralasia

Beach houses draw record protests
There have been more than 1000 submissions against plans to build houses on an unspoilt Coromandel beach.

<i>John Armstrong</i>: A textbook example of crisis management
Watching John Key and Bill English dispose of South Canterbury Finance was a bit like watching a python swallowing an antelope.

South Canterbury bailout bill: $405 each
The Govt yesterday paid $1.775bn - or $405 for every person in NZ - to take control of failed moneylender South Canterbury Finance's assets.

Rich lister's fund gets paid first
A private equity fund is to receive a $100m taxpayer-funded payout from the Govt in order to make the receivership of South Canterbury Finance run more smoothly.

Orcon picks up iPad, Apple reassures on demand delays
As Apple reassures US iPad customers that it can fill demand, Orcon has become the first telco in New Zealand to sell the device.