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.

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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.

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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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