Friday, April 04, 2008

Birthday cake ban at Auckland school more upsetting for media than parents

The principal of an Auckland primary school says the media seems more upset about a ban on birthday cakes than parents are. Students at Oteha Valley School will be banned from bringing birthday cakes to school to share with their classmates.


Auckland property market slow in March

Barfoot and Thompson, a leading Auckland real estate agency says house sales in the city last month fell by 56.2% compared to the same month last year giving them their slowest March in a decade.

In March 2007, it sold 1,444 homes in Auckland, while this year it sold 632.


New Zealand Stocks: Auckland Airport leading NZX down

The NZX 50 Index fell 0.48 to 3,629.50 today with Auckland International Airport Limited the biggest loss down 1 cent (0.4%) to $2.27. This follows their decision yesterday to defer a $200 million refit of its international terminal because new regulations and a potential slowdown in the global aviation market increased risks to returns on the investment.


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