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The following articles are sourced from

Gen Y give up on home-owning dream: Veda
Tue, 23 Sep 2014 11:27
Credit reporting bureau Veda is warning that a new generation of young people, dubbed ''property orphans'', may be destined to be renters for life.


Prime Auckland CBD property for sale
Tue, 23 Sep 2014 15:53
A prime piece of downtown Auckland property with links to former bankrupt developer Andrew Krukziener is on the market.


Strike could cost NZ Refining $9m
Tue, 23 Sep 2014 17:44
Health and safety concerns threaten to shut down New Zealand's only oil refinery with workers planning to strike next month.


Kathmandu profit drops 4.5pc despite efforts
Tue, 23 Sep 2014 12:30
New stores and online sales growth failed to boost listed retailer Kathmandu's net profit, with a 4.5 per cent drop to $42.2 million in the year ending July 31.


Serepisos faces bankruptcy fight
Tue, 23 Sep 2014 13:16
Former high-flying property developer Terry Serepisos is facing opposition to being automatically discharged bankrupt next month.


Kirkcaldie & Stains' Harbour City Centre sale approved
Tue, 23 Sep 2014 12:23
The shareholders of Kirkcaldie & Stains have approved the $45.85 million sale of the Wellington department store's Harbour City Centre to property investor Charlie Zheng.


Free range egg fraud cops big fine in Aussie
Tue, 23 Sep 2014 14:46
One of Australia's biggest egg producers has misled consumers, trying to pass off product as free range when their hens were housed in crowded barns, the country's Federal Court has found.


SLI shares hard hit
Tue, 23 Sep 2014 13:45
Shares in Christchurch software company SLI slumped more than 10 per cent after some of the company's early investors took an early opportunity to sell down their stakes.


Trilogy hit as founding shareholder sells
Tue, 23 Sep 2014 13:43
Trilogy shares have been hit by "constant" selling by a founding shareholder in the past year, chairman Geoff Ross says.


19 jobs to go as Trackside exits Avalon
Tue, 23 Sep 2014 13:36
The New Zealand Racing Board will make 19 staff redundant when production of its Trackside television channels shifts from Avalon Studios to Auckland next month.


Falling dairy prices rock farmer confidence
Tue, 23 Sep 2014 13:33
Farmer confidence is shaky because of plunging dairy prices.


Port Nelson's dividend climbs to $5.2 million
Tue, 23 Sep 2014 12:58
Port Nelson Ltd has ended a good year with an extra $1 million in its dividend to its 50-50 shareholders, the Nelson city and Tasman district councils.


Evan Thornley causes stir with 'sexist' comments
Tue, 23 Sep 2014 11:52
Australian technology entrepreneur and former Victorian MP Evan Thornley says he "stuffed up" when he told a Sydney technology start-up conference that women were "often relatively cheap" to hire compared to men.


George Kerr attacks Epic board
Tue, 23 Sep 2014 11:12
A war of words between a troubled $80 million investment fund and listed company Pyne Gould Corporation has escalated after the fund's board described PGC directors as "irreconcilably conflicted".


Wherescape's NZX IPO put on ice
Tue, 23 Sep 2014 10:45
Auckland data warehousing company Wherescape says it is unlikely to float on the NZX this year.


Mitre 10 Mega worker unjustifiably sacked
Tue, 23 Sep 2014 10:39
Mitre 10 Mega has been ordered to pay thousands of dollars for unjustifiably firing a former Palmerston North employee accused of using the store's outdoor garden area as a ''pick up joint''.


Ponzi schemer David Hobbs forced to sell home
Tue, 23 Sep 2014 10:29
The Nelson-based ''mastermind'' of a A$30 million ($33 million) Ponzi scheme has been ordered to sell his home and business premises to recoup losses of Australian investors.


Strong demand boosts bull sales
Tue, 23 Sep 2014 10:02
The strong beef schedule for the 2014-15 season ensured bull sales were buoyant across this year's on-farm sales around the Waikato.


Man pleads not guilty to forestry death charge
Tue, 23 Sep 2014 09:30
The man charged with New Zealand's first forestry-related manslaughter has pleaded not guilty, and will head to trial next year.


Tesco execs suspended after profit error
Tue, 23 Sep 2014 07:52
Tesco, the world's second-largest supermarket chain, has suspended four executives and launched an accounting investigation after admitting its half-year profit was overstated by £250 million (NZ$503m).


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