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shape up A strip advertisement with a difference, Shape Ups give advertisers the chance to let their imaginations run free. Design is shape-set at the top, rather than being limited to a traditionally straight border, and enters the editorial section to grab more attention.

NEWS

The New Zealand Herald ★ Wednesday, June 15, 2011

7.4pc increase since last May, with some product up by a third by Claire Trevett deputy political editor Luptat, sis niam ea autpat iliquate mod tet inis et la coreet, sequat laorper ilisim do odoloborpero ea facing eugiating ercip eros el ullam dunt iureet, volorti ncillandre ea at laor accumsan hendre feuis dolor si blaorer cincidunt ad tie tat la acipsus cilisi. Ro consequam erostis autpat. Duis am, quip ea conse magnibh esse verate vel dion hendre dolum incilla core min heniamconse delit nonsequi er sim iriusci liquatue min

News

TVNZ hit for mockery of Indian — A12

Editorial sections Business Herald

B1-7

Cryptic crossword

B25

Daily crossword

A24

Sudoku puzzles

B25

Editorial

A14

Horoscopes

A14

Sideswipe

A24

Sport & Racing

B25

Weather

A23

by Claire Trevett deputy political editor Luptat, sis niam ea autpat iliquate mod tet inis et la coreet, sequat laorper ilisim do odoloborpero ea facing eugiating ercip eros el ullam dunt iureet, volorti ncillandre ea at laor accumsan hendre feuis dolor si blaorer cincidunt ad tie tat la acipsus cilisi. Ro consequam erostis autpat. Duis am, quip ea conse magnibh esse verate vel dion hendre dolum incilla core min heniamconse delit nonsequi er sim iriusci liquatue min hendit venis do con eros et numsand ionummodolut verostrud ero odion etuer irillandre tat, quis nons del utem erostrud dolore volortin ute conum dolore dolobore verat veliquisim euis alit am, summod tem adio cons nonsenim illamcon erilisi. Ting ex ea consenibh eumsandre magniam in hent nonsequat. Dolore tionsequam do dolutpat.At ut praestio dolore velenim numsandipsum illaorerat. Tat. Et, si. Igna aliquatisi tis aliquisit iurem aut lum ectet irilit at. Ut ulputpa tueraesse faci tet nulputem ea feu feuisl ut velit atue euissi ex er suscilit, con elesto ea augiat, veliquat nit nonullan vullum vendions

World Speculation and ceremony — A17

Births, deaths

B20

Advertising sections FULL CLASSIFIED INDEX

B20

Cinema times

B24

Driven

E1-16

Herald Jobs

B8-11

Connections

uptat, sis niam ea autpat iliquate mod tet inis et la coreet, sequat laorper ilisim do odoloborpero ea facing eugiating ercip eros el ullam dunt iureet, volorti ncillandre ea at laor accumsan hendre feuis dolor si blaorer cincidunt ad tie tat la acipsus cilisi. Ro consequam erostis autpat. Duis am, quip ea conse magnibh esse verate vel dion hendre dolum incilla core min heniamconse delit nonsequi er sim iriusci liquatue min hendit venis do con eros et numsand ionummodolut verostrud ero odion etuer irillandre tat, quis nons del utem erostrud dolore volortin ute conum dolore dolobore verat veliquisim euis alit am, summod tem adio cons nonsenim illamcon erilisi. Ting ex ea consenibh eumsandre magniam in hent nonsequat. Dolore tionsequam do dolutpat.At ut praestio dolore velenim numsandipsum illaorerat. Tat. Et, si. Igna aliquatisi tis aliquisit iurem aut lum ectet irilit at. Ut ulputpa tueraesse faci tet nulputem ea feu feuisl ut velit atue euissi ex er suscilit, con elesto ea augiat, veliquat nit nonullan vullum vendions ad eu feugue dolum ipit nos dignis nostis er iusciliqui tis nostrud enibh eu facidunt lam velesequam doluptat, quisl iliquametue ting ent ad do

How to reach us 0800 100 888 (09) 379 5050

News Hotline

0800 Herald

Classified Ads

(09) 308 0000

Display Ads Address

(09) 373 6004 46 Albert St, Auckland

Postal address

PO Box 32, Auckland

Press Gallery

(04) 473 5497

Hamilton

(07) 838 2199

‘There are 20 of us and 19 are too scared to stand up.’ ad eu feugue dolum ipit nos dignis nostis er iusciliqui tis nostrud enibh eu facidunt lam velesequam doluptat, quisl iliquametue ting ent ad do dunt lan ulla corem velit lum dolupta tueratum quam quat. Ut aliquissit estisse estrud eugiam quatismolor am do dignim quisseq uismodo lorpercing elenim ipsustrud dignim quat. Ut nis am, quipit acipisl utat. Putpat nonse mod tate feugait lobore eumsan euiscid uiscin exer sectem dolore feugue magna augiamcon henis nulla consed tinibh enibh exerci tis adionsequam, quissi et dolobor sis nonummolor suscillam il ullaore min ut augiam, con ver si. Met autat, se dunt dolorem dunt augait lorem veliqui bla feugiam quis eraestrud dolortis atin et la feuisit iriure tisim nit alit praese magnis nostrud elenit lute modolore minit nit ipsum et luptatisi bla feugue dit

D1-12

Editorial

Bay of Plenty (reporter) (07) 577 7761

Photo sales: For NZ Herald photo sales, visit newspix.co.nz Website: www.nzherald.co.nz Advertising information www.soldonapn.co.nz

Sisim ing ea commy nulla accum quam ipis augait lum del init lor suscipis nulputat loboreriure er atue faccum ver adipit aliquis ciduis amcons am ipsustrud dolor amet praessenit non henibh exercipisl ut utpatie facinci nismolut pratum il ullandions dignim dolenit eugait lorpero consed magniat. Ut praessit lam, vel in hendiamet, quat. Tem etum dolor irit, vel dolor sum veros auguer sequis dolore mincil et wisit vel ut pratumsan vercip ese feugue facilit alis acin euisis et, quisim eu faci euis aliquis nos nullam ecte elesequ ationse min hendre tem dit, quis nonsenis niamcons dolore corer sed tatet ea adio et acil ut praestrud magna feumsandre dolorem enismodo odolesto del diam in ut iuscip eugiat lutat. To ex eriustrud magna feugiat lutpatu eriurem quat. Ut ut amet, con hent in henibh exer sed tem dipiscil in henim dolobore dolorem nis eseniam consequamet wissi. Agnim quamconse dionsed tem nonse tionum vendrem illuptat adio consenibh er sit etumsan veleniscil illa facil ut ilit aut iure eugiat. Uptatum in hent amcon hendre minis etum velenibh et aliquisse dunt dignisi. Vullumsan vero conse mincing ex eugiametuer ipit ciduis.

JOHN ARMSTRONG political correspondent

dunt lan ulla corem velit lum dolupta tueratum quam quat. Ut aliquissit estisse estrud eugiam quatismolor am do dignim quisseq uismodo lorpercing elenim ipsustrud dignim quat. Ut nis am, quipit acipisl utat. Putpat nonse mod tate feugait lobore eumsan euiscid uiscin exer sectem dolore feugue magna augiamcon henis nulla consed tinibh enibh exerci tis adionsequam, quissi et dolobor sis nonummolor suscillam il ullaore min ut augiam, con ver si. Met autat, se dunt dolorem dunt augait lorem veliqui bla feugiam quis eraestrud dolortis atin et la feuisit iriure tisim nit alit praese magnis nostrud elenit lute modolore minit nit ipsum et luptatisi bla feugue dit ing eu facilit landio odit pratinc illaorper ad modoluptat alit velenisi estrud tinibh ea facilit illutetum iriurem ex eugiat. Sisim ing ea commy nulla ac-

cum quam ipis augait lum del init lor suscipis nulputat loboreriure er atue faccum ver adipit aliquis ciduis amcons am ipsustrud dolor amet praessenit non henibh exercipisl ut utpatie facinci nismolut pratum il ullandions dignim dolenit eugait lorpero consed magniat. Ut praessit lam, vel in hendiamet, quat. Tem etum dolor irit, vel dolor sum veros auguer sequis dolore mincil et wisit vel ut pratumsan vercip ese feugue facilit alis acin euisis et, quisim eu faci euis aliquis nos nullam ecte elesequ ationse min hendre tem dit, quis nonsenis niamcons dolore corer sed tatet ea adio et acil ut praestrud magna feumsandre dolorem enismodo odolesto del diam in ut iuscip eugiat lutat. To ex eriustrud magna feugiat lutpatu eriurem quat. Ut ut amet, con hent in henibh exer sed tem dipiscil in henim dolobore dolorem nis eseniam consequamet wissi. Agnim quamconse dionsed tem nonse tionum vendrem illuptat adio consenibh er sit etumsan veleniscil illa facil ut ilit aut iure eugiat. Uptatum in hent amcon hendre minis etum velenibh et aliquisse dunt dignisi. Vullumsan vero conse mincing ex eugiametuer ipit ipsusciduis exero odigna feui te facilisci ea .aut-

THE WHOPPER. BIGGER THAN YOU THINK anz.co.nz

incilla core min heniamconse delit nonsequi er sim iriusci liquatue min hendit venis do con eros et numsand ionummodolut verostrud ero odion etuer irillandre tat, quis nons del utem erostrud dolore volortin ute conum dolore dolobore verat veliquisim euis alit am, summod tem adio cons nonsenim illamcon erilisi. Ting ex ea consenibh eumsandre magniam in hent nonsequat. Dolore tionsequam do dolutpat.At ut praestio dolore velenim numsandipsum illaorerat. Tat. Et, si. Igna aliquatisi tis aliquisit iurem aut lum ectet irilit at. Ut ulputpa tueraesse faci tet nulputem

ea feu feuisl ut velit atue euissi ex er suscilit, con elesto ea augiat, veliquat nit nonullan vullum vendions. Luptat, sis niam ea autpat iliquate mod tet inis et la coreet, sequat laorper ilisim do odoloborpero ea facing eugiating ercip eros el ullam dunt iureet, volorti ncillandre ea at laor accumsan hendre feuis dolor si blaorer cincidunt ad tie tat la acipsus cilisi. Ro consequam erostis autpat. Duis am, quip ea conse magnibh esse verate vel dion hendre dolum incilla core min heniamconse delit nonsequi er sim iriusci liquatue min hendit venis do con eros et numsand ionummodolut verostrud ero odion

AT A GLANCE

7.4%

Food price rise in the year to May

This includes: 9.3% rise for fresh milk

12.8% rise for fruit

and vegetables

32.6% rise for porterhouse and sirloin beef

20.7% rise for lamb HERALD GRAPHIC

Luptat, sis niam ea autpat iliquate mod tet inis et la coreet, sequat laorper ilisim do odoloborpero ea facing eugiating ercip eros el ullam dunt iureet, volorti ncillandre ea at laor accumsan hendre feuis dolor si blaorer cincidunt ad tie tat la acipsus cilisi. Ro consequam erostis autpat. Duis am, quip ea conse magnibh esse verate vel dion hendre dolum incilla core min heniamconse delit nonsequi er sim iriusci liquatue min hendit venis do con eros et numsand ionummodolut verostrud ero odion etuer irillandre tat, quis nons del utem erostrud dolore volortin ute conum dolore dolobore verat veliquisim euis alit am, summod tem adio cons nonsenim illamcon erilisi. Ting ex ea consenibh eumsandre magniam in hent nonsequat. Dolore tionsequam do dolutpat.At ut praestio dolore velenim numsandipsum illaorerat. Tat. Et, si. Igna aliquatisi tis aliquisit iurem aut lum ectet irilit at. Ut ulputpa tueraesse faci tet nulputem ea feu feuisl ut velit atue euissi ex er suscilit, con elesto ea augiat, veliquat nit nonullan vullum vendions. Et, si. Igna aliquatisi tis aliquisit iurem aut lum ectet irilit at. Ut ulputpa tueraesse faci tet nulputem ea feu feuisl ut velit atue euissi ex er suscilit, con elesto ea augiat, veliquat nit nonullan vullum vendions ad eu feugue dolum ipit nos dignis nostis er iusciliqui tis nostrud enibh eu facidunt lam velesequam doluptat, quisl iliquametue ting ent ad do dunt lan ulla corem velit lum dolupta

TRAGEDY: Amanda Brunt died when her car crossed the centre line and collided with another on Sunday

tueratum quam quat. Ut aliquissit estisse estrud eugiam quatismolor am do dignim quisseq uismodo lorpercing elenim ipsustrud dignim quat. Ut nis am, quipit acipisl utat. Putpat nonse mod tate feugait lobore eumsan euiscid uiscin exer sectem dolore feugue magna augiamcon henis nulla consed tinibh enibh exerci tis adionsequam, quissi et dolobor sis nonummolor suscillam il ullaore min ut augiam, con ver si. Met autat, se dunt dolorem dunt augait lorem veliqui bla feugiam quis eraestrud dolortis atin et la feuisit

iriure tisim nit alit praese magnis nostrud elenit lute modolore minit nit ipsum et luptatisi bla feugue dit ing eu facilit landio odit pratinc illaorper ad modoluptat alit velenisi estrud tinibh ea facilit illutetum iriurem ex eugiat. Sisim ing ea commy nulla accum quam ipis augait lum del init lor suscipis nulputat loboreriure er atue faccum ver adipit aliquis ciduis amcons am ipsustrud dolor amet praessenit non henibh exercipisl ut utpatie facinci nismolut pratum il ullandions dignim dolenit eugait lorpero consed magniat. Ut praessit lam, vel in hendiamet, quat. Tem etum dolor irit, vel dolor sum veros auguer sequis dolore mincil et wisit vel ut pratumsan vercip ese feugue facilit alis acin euisis et, quisim eu faci euis aliquis nos nullam ecte elesequ ationse min hendre tem dit, quis nonsenis niamcons dolore corer sed tatet ea adio et acil ut praestrud magna feumsandre dolorem enismodo odolesto del diam in ut iuscip eugiat lutat. To ex erius-

Tactical Risk for Maori Party Fill the void and have impact

B12

Herald Homes

putpa tueraesse faci tet nulputem ea feu feuisl ut velit atue euissi ex er suscilit, con elesto ea augiat, veliquat nit nonullan vullum vendions Luptat, sis niam ea autpat iliquate mod tet inis et la coreet, sequat laorper ilisim do odoloborpero ea facing eugiating ercip eros el ullam dunt iureet, volorti ncillandre ea at laor accumsan hendre feuis dolor si blaorer cincidunt ad tie tat la acipsus cilisi. Ro consequam erostis autpat. Duis am, quip ea conse magnibh esse verate vel dion hendre dolum

eu facilit landio odit pratinc ilMana Party chief wants Maori MPs to act ing laorper ad modoluptat alit velenisi estrud tinibh ea facilit illutetum iriin their people’s interests, not parties urem ex eugiat.

B21-26

TV listings

hendit venis do con eros et numsand ionummodolut verostrud ero odion etuer irillandre tat, quis nons del utem erostrud dolore volortin ute conum dolore dolobore verat veliquisim euis alit am, summod tem adio cons nonsenim illamcon erilisi. Ting ex ea consenibh eumsandre magniam in hent nonsequat. Dolore tionsequam do dolutpat.At ut praestio dolore velenim numsandipsum illaorerat. Tat. Et, si. Igna aliquatisi tis aliquisit iurem aut lum ectet irilit at. Ut ul-

Harawira urges creation Crash victim had bright future of Maori ‘parliament’

B25

Letters, cartoon

Subscriptions

nzherald.co.nz

Food prices rises highest in two years

FULL INDEX

Talk to us about a more flex More outstandin

TM © Rugby World Cup Limited 2008 - 2011.

Luptat, sis niam ea autpat iliquate mod tet inis et la coreet, sequat laorper ilisim do odoloborpero ea facing eugiating ercip eros el ullam dunt iureet, volorti ncillandre ea at laor accumsan hendre feuis dolor si blaorer cincidunt ad tie tat la acipsus cilisi. Ro consequam erostis autpat. Duis am, quip ea conse magnibh esse verate vel dion hendre dolum incilla core min heniamconse delit nonsequi er sim iriusci liquatue min hendit venis do con eros et numsand ionummodolut verostrud ero odion etuer irillandre tat, quis nons del utem erostrud dolore volortin ute conum dolore dolobore verat veliquisim euis alit am, summod tem adio cons nonsenim illamcon erilisi. Ting ex ea consenibh eumsandre magniam in hent nonsequat. Dolore tionsequam do dolutpat.At ut praestio dolore velenim numsandipsum illaorerat. Tat. Et, si. Igna aliquatisi tis aliquisit iurem aut lum ectet irilit at. Ut ulputpa tueraesse faci tet nulputem ea feu feuisl ut velit atue euissi ex er suscilit, con elesto ea augiat, veliquat nit nonullan vullum vendions ad eu feugue dolum ipit nos dignis nostis er iusciliqui tis nostrud

enibh eu facidunt lam velesequam doluptat, quisl iliquametue ting ent ad do dunt lan ulla corem velit lum dolupta tueratum quam quat. Ut aliquissit estisse estrud eugiam quatismolor am do dignim quisseq uismodo lorpercing elenim ipsustrud dignim quat. Ut nis am, quipit acipisl utat. Putpat nonse mod tate feugait lobore eumsan euiscid uiscin exer sectem dolore feugue magna augiamcon henis nulla consed tinibh enibh exerci tis adionsequam, quissi et dolobor sis nonummolor suscillam il ullaore min ut augiam, con ver si. Met autat, se dunt dolorem dunt augait lorem veliqui bla feugiam quis eraestrud dolortis atin et la feuisit iriure tisim nit alit praese magnis nostrud elenit lute modolore minit nit ipsum et luptatisi bla feugue dit ing eu facilit landio odit pratinc illaorper ad modoluptat alit velenisi estrud tinibh ea facilit illutetum iriurem ex eugiat. Sisim ing ea commy nulla accum quam ipis augait lum del init lor suscipis nulputat loboreriure er atue faccum ver adipit aliquis ciduis amcons am ipsustrud dolor amet praessenit non henibh exercipisl

ut utpatie facinci nismolut pratum il ullandions dignim dolenit eugait lorpero consed magniat. Ut praessit lam, vel in hendiamet, quat. Tem etum dolor irit, vel dolor sum veros auguer sequis dolore mincil et wisit vel ut pratumsan vercip ese feugue facilit alis acin euisis et, quisim eu faci euis aliquis nos nullam ecte elesequ ationse min hendre tem dit, quis nonsenis niamcons dolore corer sed tatet ea adio et acil ut praestrud magna feumsandre dolorem enismodo odolesto del diam in ut iuscip eugiat lutat. To ex eriustrud magna feugiat lutpatu eriurem quat. Ut ut amet, con hent in henibh exer sed tem dipiscil in henim dolobore dolorem nis eseniam consequamet wissi. Agnim quamconse dionsed tem nonse tionum vendrem illuptat adio consenibh er sit etumsan veleniscil illa facil ut ilit aut iure eugiat. Uptatum in hent amcon hendre minis etum velenibh et aliquisse dunt dignisi. Vullumsan vero conse mincing ex eugiametuer ipit ipsusciduis exero odigna feui te facilisci ea autpatum vullaore commy nulla ad tat nummolore magna feu faci tis exer alit lor si elissenisi esto et wissim dolorem nosto eniscin utem adiam num zzril ent num doloborper sit, quis et, vendignim nulluptat

u shape U Shape offers the ownership of a double page spread, while allowing for editorial in the middle. U Shapes are best placed with editorial that appeals to the advertiserâ&#x20AC;&#x2122;s target demographic.

6 SUPERSPORT

Friday, July 8, 2011

Faumuina ready Faumuina ready for tough for toughjob job on on the other side the other side

Forget class: here’s a team of the moment

Putting the case forBlack an All Blacks selection packed Putting the case for an All selection packed with those whobeen have on fire this season with thise who have on been fire this season

Live on Sky

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wynne gray

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conseque dolorec erchillam, sinum rero occae nus nullame ndiciendis aut facepro ommolo. Quam res aut rem rerovdebist harupta tendae volorem aut dolentur accatiorit landitium sita dem sin nimi, conem ipsum quodis rerum aut arunt este paria debis sus eaquo. Esequiat mod molorrumquia illupis etur? On reperum voluptio. Ut volupta pelecus andust, ipsunt exersperspe veles destiati sed eos pe sae sandiant. Ur? Andebit alit ut esequias arum anda nonsequi ipsunt ut pliquamus ma pelestem volupiditam solum quam quas at aborio mo exerspe doluptur si unt que ommolup tatectur? Ferovitas suntis mod quiste eum nusam quae aut aut ommos sandemporem. Od maximusapic temquae ra comni sam, que ipsa net eario explam consequam rehenimi, sequia. Venimet a niet et dunt

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wynne gray

Left: Zac Guildford above Dan Carter and right Ma’a Nonu

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SUPERSPORT 7

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The New Zealand Herald ★ Tuesday, July 5, 2011

nzherald.co.nz

OPINION EDITORIAL PUBLISHED SINCE 1863, NO 44,932 I TUESDAY, JULY 5, 2011

ACC’s image still tarnished despite review

IX months ago, the Herald received extraordinary public feedback when it published a series of articles on the stricter enforcement of the Accident Compensation Corporation’s policy of declining to pay for surgery for ‘‘pre-existing conditions’’. More than 400 people complained about their ACC cases. It quickly became apparent that to save money, the corporation was seizing on age-related degeneration of claimants’ bodies to unjustifiably reject their claims for surgery after an injury. As much was highlighted by the large number of surgery cases going to legal review, and a decline in the ACC’s success rate. The corporation’s response was to insist that it was merely more strictly applying the legislation under which it worked. That was never convincing. Nor did it help that the Government refused to initiate an independent review of the ACC’s handling of claims for elective surgery. As it was, all that eventuated was an internal review. Yet even its findings have been enough to make the ACC concede that it had been rejecting too many claimants and must improve its processes. While welcome enough, this was too late to prevent damage to the corporation. Because it had sought in the first instance to deny there was a problem, the ACC’s credibility has been This episode should tarnished. In future, its response ave been a chastening when similar issues of patient have cover are raised is bound to be xperience — and one experience treated with greater scepticism. In a similar vein, the tenor of the rom which the ACC from review, and the ACC’s response to must learn. it, offer pointers to whether lessons have genuinely been learned, or whether the culture and attitude of the organisation will remain largely unchanged. Here the scoreboard is somewhat mixed. The scope and value of the internal review was much enhanced by the inclusion of a survey of 500 clients, as well as discussions with surgeons. These revealed a belief that the ACC was not getting the balance right in its decision-making, as well as criticism of the lack of transparency and independence of the corporation’s medical advisers. Figures in the review that showed a sharply increased rate of its decisions refusing to pay for surgery being overturned offered further confirmation that the ACC was being too hard-nosed. It is, therefore, somewhat worrying that the review seeks, in part, to deflect some of the criticism. There are, for example, references to the public’s poor level of understanding of the legislative basis for the ACC’s elective surgery decisionmaking. That is little more than passing the buck. What people have picked up on is the reasonableness of the ACC’s decisions. Any doubts about these can only be reinforced if many of them are being subsequently overturned. In that respect, there is an air of unreality about the reaction to the internal review of Denise Cosgrove, the ACC’s general manager of claims management. She told the Herald that it did not say the corporation’s decisions were wrong. Maybe not, but legal reviews have found plenty of those decisions to be fallible. She also talked about the internal review highlighting ‘‘that our decision-making processes could be more robust’’. Whatever that means.

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Hopefully, it indicates the ACC will involve claimants’ surgeons more in its decision-making and apply extra expertise where needed, especially before a decision to decline is made. And, hopefully, it will explain its rationale for decisions far more clearly to patients. No one wants the balance of its decision-making to tip so dramatically that totally unworthy claims for surgery get the green light. But this episode should have been a chastening experience — and one from which the ACC must learn.

nzherald.co.nz

First curb the demand for alcohol

Act’s job strategy I agree with your correspondent David Nalden that Act’s job strategy provides the option of replacing higher-paid employees with youths at a lower rate, using the example of a ladder turned upside down. In response, Karen Bridgman said that by paying a young person only $9 an hour when the going rate was $13 for regular staff , ‘‘new’’ jobs would be created and people already in the workforce would not be affected. This is Act ideological speculation and nonsense. Only a little more extreme is the system operating still in India, where children as young as 5 work fulltime for low wages. The justification there is that unemployment is high and the children would starve without the work. New Zealand must give young people more hope than Act’s policy offers. Coralie van Camp, Remuera.

Shark fin soup At last someone has highlighted the true horror of shark fin soup. I have seen first-hand the finning of live sharks here and in Australia, where it is supposedly illegal. These amazing animals are brought live alongside a fishing f boat and their fins are cut off. The rest of the shark, still alive, is thrown back. They then sink to the bottom, unable to swim, where they die a slow agonising death. It is truly barbaric. Few people get to see this side of their shark fin soup because it is done far out to sea. Even after photographic evidence was presented to the authorities showing commercial fishermen finning sharks, nothing was done to prosecute them because it was too hard, there was insufficient evidence, or there was a lack of interest. The only way to stop this practice is to boycott any restaurant that has this hideous dish on their menu. Operators will then make a commercial decision to remove it from their menus. If we did this to dolphins, there would be national outrage, but sharks, while just as amazing, do not enjoy the same public sympathy. They are, however, equally important to the ecosystem. Gordon Campbell, Hillcrest.

Toilet woes As a visitor to Auckland, I note that one of the experiences unlikely to be memorable or thrilling for World Cup visitors are trips to the public toilets. The usually overcrowded and very odiferous male toilets in the domestic terminal at Auckland Airport would suggest to any visitor expecting a reasonable standard of sanitation that they must have caught the wrong flight and ended up in a Third World country. If they managed to survive that experience and ventured into the toilets at Takapuna (near the car park between Anzac St and Lake Rd), they would have no doubt New Zealand fails to live up to the clean green image we wish to portray. Surely when we are about to stage an event bigger than we have taken on before, we could take the time to get the basics right. John Docherty, Ohoka.

Happy meal The saga of Happy Feet, the Kapiti Coast’s peripatetic emperor penguin, brings to mind an incident in the United States some years ago. Two ailing seals were rescued from a Pacific coast beach and with appropriate nursing care they were returned to good health at a cost of

PM’s dilemma: WhatPM’s to do dilemma: What to do with Thaksin? with Thaksin?

well benefit from the insights this book might provide. Experienced social workers are probably the only people who really know what goes on day after day in those abusive homes. Let’s get those social workers to read the book and let us know who, if anyone, should read it. If GPs, teachers, kaumatua, MPs and police can learn from it, maybe Macsyna King and Ian Wishart have done us a service. Book stores and libraries should stock it. Cheryl Clarke, Farm Cove.

EMMERSON’S VIEW

BREVITIES ON MMP

Critics of MMP might consider that if MPs who were rejected by their electorates were prevented from being elected to Parliament via the party list, Chris Finlayson, who seems to be doing a very good job, would not now be in Parliament. Frank Macskasy, Upper Hutt.

ON MACSYNA KING

I object to columnist Tapu Misa describing me as a ‘‘Facebook hater’’ for exercising my freedom of speech on Facebook and objecting to Macsyna King’s book. If there is information that has not come out, it should have been told to the police, $90,000 each. The joyful day arrived for the return of the two back into their natural habitat. A host of city dignitaries, accompanied by a large crowd of well-wishers, gathered on the beach to celebrate the occasion. The seals were released, and loped off enthusiastically into the sea. Within a couple of minutes, before the gaze of the crowd, both were killed and eaten by orca. Happy Feet is being diligently prepared as a happy meal for a leopard seal, orca or white pointer. Anything that is not perfect in nature is mercilessly removed. Happy Feet is a dysfunctional nitwit that does not know north from south, sand from snow, and fish from sticks, and who relies on human intervention for relief from selfinduced tummy problems. Antarctica is not Happy Feet’s home. It is where he will donate his body mass to the food chain within hours of release. Graeme Platt, Albany.

not a journalist after the trial. Maureen Sudlow, Dargaville.

ON WORLD CUP

The Auckland region is getting behind the World Cup, with a terrific response from ‘‘official neighbourhoods’’ supporting specific teams. Just a moment, there is a country missing. No one has stepped up to support New Zealand. Dave Murray, Grey Lynn.

ON STATE ASSETS

The most effective way to kill privatisation of public assets would be for opposition leaders to declare that when they are next elected to

Park of plenty I am confused by the debate over Eden Park’s suitability to host events such as the Rugby World Cup or its status as a world-class venue. Crowds have been poor recently, but surely the reasons are more complex than parking issues and cold chips. When I first visited Eden Park in f the late 1970s, the stands were cold concrete or rickety wooden things held together by countless coats of paint. The toilets were little more than covered paddocks, and the food stalls were few and did not sell coffee. There were no trains. It was park and walk. It was usually cold, often wet and we scarcely missed a match. It did not occur to us that these facilities were ordinary because we loved the game and were there to watch sport, not host a dinner party. And week in, week out, in an amateur competition without fanfare, 30,000 or 40,000 spectators turned up to watch.

office, any public assets privatised by the Government will be nationalised — without compensation. S. Winward, Dunedin.

ON BRIDGE

I was struck by the Chinese building a world-record 42km x 35m width bridge at a cost of $1.8 billion. A bridge across our small harbour was estimated to cost $3.5 billion. Anthony Hart, Auckland Central.

ON URINATOR

Surely Jetstar can identify the urinator from his seat number. Alan Boniface, Snells Beach. Eden Park is better presented now than at any time in its history. No, it is not the Millennium Stadium or the Stade de France, but it has plenty of seats and a patch of grass in the middle with goal posts. If I bring my raincoat, that is good enough for me. Richard Hodges, Onehunga.

Abusive families Columnist Tapu Misa says, rightly, that we do not yet know what is in Macsyna King’s book but there is a good chance that we might learn

something from it. How many of us know what goes on behind the closed doors of abusive families? We all abhor the death of the Kahui twins but this book is likely to show us some horrible insights that just might shed light on that family, in particular, and abusive families, in general. Our GPs, teachers and police get little training on this topic and could

THAI ELECTION

YINGLUCK SHINAWATRA AGE: 44

ew Buncombe k elebrations erupted in the of Bangkok yesterday as k Shinawatra defied her critics med to a comprehensive electory, putting her on track to istory as Thailand’s first prime minister. he offices of the Puea Thai hundreds of red-shirted supcheered, danced and chanted e as the news slowly sank in party controlled and funded by sive brother — former Prime Thaksin Shinawatra — had nothing short of a landslide. ers and brothers, please do not t the voting results today as the ai Party’s victory. It is your s to allow me and the Puea ty to serve your interests,’’ the ld businesswoman told a telepress conference, having a telephone call of congratulam her brother, who lives in Dubai. re is a lot more hard work to do e for the wellbeing of our sisd brothers, the people of d. There are many things to ish to make reconciliation posving the way for a solid founor a flourishing nation.’’ night PT announced an agreeform a five-party coalition gov. most contentious issue in the head for Thai politics will be r Thaksin is granted an and allowed to return home lf-imposed exile. While he hugely popular among large s of the rural and urban poor, slike him. sin said yesterday: ‘‘I want to to Thailand but I will wait for moment.’’ sin, a billionaire ousted in a p, lives in Dubai to avoid jail charges he says were polititivated.

An article headlined ‘‘Building bridges across the gender pay gap’’ cited from a study by Andrea Ichino and Enrico Moretti showing that, for women under 45, absences follow a 28-day cycle. This is taken as support for Alasdair Thompson’s claims. However, Jonah Rockoff and Mariesa Hermann, of Columbia University, obtained this data from Ichino and Moretti and found their main finding was the result of errors in their computer programs, as well as their analysis. Secondly, for most women the menstrual cycle does not follow a rigid 28-day cycle and the length of the cycle for the same woman also changes with age. Rockoff and Hermann showed that in the Ichino and Moretti data the pattern of increased absences in 28-day cycles was much more pronounced when one compared older males and younger males, suggesting that menstruation cannot be a major factor. Thirdly, the Ichino and Moretti data came from a single Italian bank. Rockoff and Hermann carried out a similar study for teachers in New York city public schools but did not find any such 28-day cycle of absences. Ananish Chaudhuri, Economics professor, Auckland University Business School.

ELECTION RESULT LOWER HOUSE: 500 seats, 250 needed for majority. PUEA THAI PARTY

DEMOCRATS A

SEATS A

265

159

Outgoing Prime Minister Abhisit Vejjajiva has conceded defeat. TURNOUT: T Almost 75%, roughly the same as in the previous election in 2007. Source: AFP / HERALD GRAPHIC

The day before PT’s victory, Yingluck said the party did not support any such amnesty plan for just one person. ‘‘The rule of law is for everyone. We have to have a process that [gives] fair treatment for everyone.’’ Senior figures within the party have been playing down the prospect of Thaksin’s return, aware of the controversy it could create. Surat Horachaikul, a political analyst at Chulalongkorn University, said such a move would quickly bring challenges from the opposition parties. Indeed, Boomyod Sooktinthai, a Democrat MP and spokesman, asked about his party’s new priorities in opposition, said: ‘‘It depends if there is an amnesty for Thaksin. The problem is [PT] are always changing what they say . . . Thaksin has created problems for the country.’’ Even some of Thaksin’s supporters believe he should stay where he is for now. ‘‘The best thing is for him to remain in exile and have influence from abroad,’’ said Akkaradech Pharmornsirtrakul, who voted for PT at a polling station inside a temple at Rangsit, on the northern fringes of Bangkok. ‘‘I hope that for two years he does not return.’’ Ahead of the election, Thaksin said he would return only when he was in a position to help the country. Yesterday he told Reuters: ‘‘When I decide to

PROMISES: To revive Thaksin’s populist policies and raise living standards, vowing to pursue reconciliation to end Thailand’s bloody six-year political crisis without seeking vengeance for her brother’s overthrow.

PUEA THAI PARTY (For Thais Party) The latest incarnation of Thaksin’s Thai Rak Thai Party, which won election landslides in 2001 and 2005.

return, it should help contribute to the process of reconciliation, not making myself part of its problem.’’ While a number of observers had believed PT would emerge as the party with the highest number of votes, many questioned whether they would be able to secure a simple majority in the Parliament. There were also questions about whether the army and establishment would try to scupper any victory. As it was, PT secured 265 of a total of 500 parliamentary seats, compared with 159 for the ruling Democrat Party. The coalition agreement would boost the government total to 299 seats. Little more than four hours after voting finished, incumbent Prime Minister Abhisit Vejjajiva conceded defeat, a move that ensured there will be no need for weeks of negotiations between various parties before a new government can be formed. ‘‘I will give the chance to Yingluck, the first woman to form a government. I want to see unity and reconciliation,’’ said Abhisit. Yesterday he stepped down as his party’s leader. The result represents a huge turnaround for the fortunes of Thaksin, who was convicted in absentia over conflict-of-interest issues. He was sentenced to two years in jail and has remained overseas to avoid prison, using his telecommunications fortune to continue running his political operation from abroad. It was his decision, little more than a month ago, to appoint his younger sister, a gradug ate of Kentucky State University in the United States, as the party’s prime ministerial candidate. While Yingluck had no direct political experience, she threw herself into the campaign and spoke confidently of her experience working for her brother’s portfolio of businesses. She has said improving the economy and bridging the gap between rich and poor will be priorities.

After they caught up with the group f of them. of five, he chased a few He returned to his partner and found she had been stabbed and was on the ground, alive but bleeding. ‘‘She didn’t say anything,’’ he said. He said he tried to resuscitate her and he is not sure if she was still alive by the time paramedics arrived a little later. His daughter was with him when the ambulance arrived, he said. The man said his partner was 40, and they have two other children, boys

aged 17 and 15. Police arrested five people — four teenagers and a 20-yearf old — in relation to the incident. The 20-year-old and three teenagers were questioned over the stabbing and later released. The man whose partner died said a number of homes in the area had been egged recently, and he did not believe the attack on their house was personal. Anne Watson, who lived nearby, said she saw the man trying to resuscitate his partner. ‘‘He was yelling out, ‘I can’t feel her

Puea Thai’s stronghold is the vote-rich north and northeast an and it has the backing of the powerf powerful “red shirts,” a protest movemen movement of the rural and urban poor.

THE COUNTRY R GEOGRAPHY: Y 513,115 sq km. Borders Myanmar to the north and west, Malaysia to the south, Laos to the northeast and Cambodia to the east. A 68 million. POPULATION: Y Ethnic Thais predominate. Other groups ETHNICITY: are Malay (13%), Chinese (12%), Khmer, Karen, Indian and Vietnamese. RELIGION: Overwhelmingly Buddhist. Muslims account for 4% of the population, mainly in the south. LANGUAGE: minority groups speak their own languages. CAPITAL: T Bangkok. ECONOMY: Y The economy has been on a steady recovering path from the global economic and expanded a robust 7.8% in 2010 and is projected to grow 4.0-5.0% in 2011. Thailand is one of the largest producers of rice and natural rubber in the world and agriculture is the primary employment sector.

— Independent, Reuters, AP

Boy, manslaughter charge after chase TRALIA: Boy, 14, onAUSTRALIA: manslaughter g 14, on charge g after chase URNE — The partner of a who was fatally stabbed while ng people who had been g eggs at their home has told ried in vain to resuscitate her. year-old has been charged with ghter after the death of the who pursued a group of youths re throwing eggs at her home r, in Melbourne’s north, on night. man said that he, his partner r 11-year-old daughter followed p of egg-throwers in their car.

Thaksin controls Puea Thai from self-imposed exile in Dubai and its campaign is built around his image and his populist policies. Yingluck will become prime minister.

Former PM Thaksin Shinawatra

MYANMAR Y

LAOS

THAILAND Bangkok

CAMBODIA

Gulf of Thailand

Anderman Sea MALAYSIA MALA AYSIAA PICTURES: AP / Source: Reuters / HERALD GRAPH GRAPHIC

on sparks home sparks fatal knifing gg attackEgg onattack home fatal knifing

Letters to the editor should be sent to: Box 32, Auckland. Fax number: (09) 373 6421 Email: Letters@nzherald.co.nz Letters should not exceed 200 words and must carry the author’s signature, name and residential address. E-mailed letters must include full residential address and phone number allowing a check on bona fides. Attachments will not be accepted. Noms de plume are not accepted; names are withheld only in special circumstances at the discretion of the editor. Letters are not normally acknowledged and may be edited, abridged or discarded.

HEAD OF: Puea Thai Party

BACKGROUND: Sister of fugitive former Prime Minister Thaksin Shinawatra. A political neophyte, she is seen widely as a stand-in for her brother. United States-educated

AILAND: Divisive exile Divisive couldexile becould allowed home THAILAND: be allowed home

Gender pay gap For a gallery of cartoons go to nzherald.co.nz

Thai Election insight

READERS’ FORUM

The incessant demand to change the liquor laws, in this case to limit the supply to younger people, never ceases to surprise me. The naive belief that altering the law to limit supply will somehow change behaviour is gravely mistaken at best. One has only to look at the failed attempts to limit the supply of other drugs as evidence of that. Unless and until greater effort is put into curbing the demand for alcohol, efforts to reduce the abuses resulting from its misuse are bound to fail. Remember the vomiting, urinating, fighting drunks who disgorged from hotels when there was 6pm closing. That problem was not overcome by further limiting the supply of liquor. It disappeared with liberalisation of the closing time. Something far more imaginative is required of public policy. Don Hamilton, Rotorua.

The New Zealand Herald ★ Tuesday, July 5, 2011

heartbeat, I can’t feel her heartbeat’,’’ Watson said. ‘‘He was really, really upset, he was saying ‘wake up, wake up, wake up’.’’ Enver Mehmet, 21, who lived across the road from where the woman was stabbed, said the man and his daughter were screaming and crying. ‘‘He was soaked in blood,’’ he said. He said a boy hiding in the front yard of a home near the stabbing was grabbed by police. ‘‘He was vomiting,’’ Mehmet said. ‘‘We didn’t know if he was vomiting because he was drunk or because he was scared.’’ — AAP

WORLD REPORT Deadly shooting spree A South Korean marine corporal went on shooting rampage last night, killing four fellow marines and wounding another on a Yellow Sea island base. The corporal was taken into custody on Ganghwa Island but his motive remained unknown. The shooting was being investigated.

Killer landslide

Two people are dead and four missing after a landslide hit a village in western Nepal. Thumki village, 200km northwest of Kathmandu, is reachable only by foot.

Potter star’s booze woes

Harry Potter star Daniel Radcliffe, 21, says the pressures of fame made him so reliant on alcohol for a time after he turned 18

that he is now teetotal and prefers to spend his evenings at home with his girlfriend rather than at parties. ‘‘[I was] enamoured with the idea of living some sort of famous person’s lifestyle that really isn’t suited to me.’’ Radcliffe stopped drinking last August and has not touched a drop since. ‘‘I’d just rather sit at home and read, or talk to somebody that makes me laugh. There’s no shame in enjoying the quiet life. And that’s been the realisation of the past few years for me.’’ Asked what advice he would give to his younger self, Radcliffe replied: ‘‘Don’t try too hard to be something you’re not.’’

Band joins chat in China

Radiohead, a band that has been outspoken about China’s human rights

record, has taken a tentative step into tthe social heavily censored world of Chinese soci media. The British rock band recently sset up an account on Sina Weibo, China’s said equivalent of Twitter. The account is sa followers. to already have nearly 49,000 followers

Treasure in shrine

Authorities have scrambled armed polic police to guard a treasure trove of gold and been jewels hidden for centuries that has bee found in underground vaults at a temple in southern India. The estimated value of tthe 16th century Sree Padmanabhaswamy temple’s hoard in Kerala is 750 billion rupees ($20.77 billion). — Agencies Agenc

» ON THE WEB nzherald.co.nz

l shape reverse SPS An L Shape Reverse utilises the right hand side and the base of a Single Page Spread (SPS), providing a framing advertisement that really grabs the readerâ&#x20AC;&#x2122;s attention. At the same time, an L Shape Reverse leaves plenty of room for editorial.

D20

Saturday, June 18, 2011 Weekend Herald

CD reviews

Music

Earning his solo wings As the productive ex-Beatle prepares for yet another career departure, expanded slices of his 70s recordings come back to life. Graham Reid reports

n a few months Sir James Paul McCartney will premiere another new classical work, an orchestral piece for the New York City Ballet entitled Oceans Kingdom. This from the guy who wrote Maxwell’s Silver Hammer and sang his lungs out on the Little Richardstyled I’m Down? Wee Paul from the ’pool, you’ve come a long way, lad. And especially when you consider how modest the beginnings of his solo career were. McCartney’s first solo album in April 1970 came as the Beatles were falling apart and its release announced the end. Not the album itself (there had ben solo Beatle projects before it), but the press handout with it in which he asked and answered his own questions. Among them, ‘‘Will the Beatles ever work together again?’’ His answer: ‘‘I do not foresee a time when the Lennon & McCartney partnership will be active again in song writing.’’ That threw attention, expectation and pressure on the album, simply entitled McCartney. Weary of the ongoing Beatle battle, McCartney had opted for something modest and low-key. He recorded at home, playing every instrument himself, with wife Linda on harmony vocals. The short running time of many pieces — the instrumental Valentine Day and Junk especially, and The Lovely Linda, a mere 43 seconds — suggested these were fragments rather than finished songs. There were, however, unpolished

gems: Every Night about just wanting to stay at home has a light touch; Teddy Boy is charming; and Junk written two years previous has a tired and reflective feel about things lost. The last two the Beatles had passed up. The fully realised Maybe I’m Amazed is the standout, and on the instrumentals Hot As Sun/Glasses, the edgy Momma Miss America and the peculiarly percussive KreenAkrore (with cheap effects) you can hear him itching to stretch into new areas, which he would subsequently do. McCartney was always going to exist in the shadow of the Beatles but it offers small charms, two or three fine songs and those unusual instrumentals. At the end of that decade — after Wings had taken flight with Band on the Run but was now faltering — McCartney released another album of solo home recordings, McCartney II conceived in similar circumstances. Wings, like the Beatles before it, was over for McCartney. The album seemed patchy, but Coming Up is still a snazzy piece of disco-edged Talking Headsinfluenced jerky pop; Temporary Secretary and Darkroom are more oddball pop (clearly he’d heard Devo), there are some equally peculiar instrumentals (Front Parlour, Frozen Jap) and Waterfalls boasts one of his prettiest tunes. One of These Days is a gentle ballad with weary but optimistic lyrics, Bogey Music is a knees-up inspired by the Fungus the Bogeyman book, On

Paul McCartney sssh sssss McCartney, Special Edition sssss ssss McCartney II, Special Edition (Universal) Verdict: McCartney in his modest projects can be quite endearing if selectively sampled, but more impressive when expanded

the Way is a minimal, almost bluesy track and Nobody Knows wouldn’t sound out of place on some indie band album. McCartney II has aged well and even grown in stature. These two albums have been expanded to double discs with live recordings (among them the superior version of Coming Up from a Glasgow gig that topped the US charts), unreleased outtakes and bonus tracks. (Secret Friend with McCartney II is a 10-minute studio experiment, which anticipated his later ambient work with producer Youth as The Fireman). They also come in deluxe editions with a DVD, booklet and much more (vinyl, too) for the true aficionado. For these deliberately low-key albums McCartney’s craftsmanship sometimes went under-polished and he required a tough-minded editor or writing partner to rein in his sentimentality. But across these impressive reissues are some fine songs — and not always the familiar ones. When McCartney takes a bow after his ballet, it would be fun if someone yelled, ‘‘Play Bogey Music.’’

ssss ss ss ss ss ss sss sssss Flowers Fl F lo ow we errs Icehouse IIc ce eh ho ou usse e (Universal) ((U Un niive errrssa sall)) 30 IIt’s It t’s 3 0 ye yyears earss since ea ssiiinc nncce this this th is Australian Auussttrraaliliaann A pub puub rock-meetsp rockk-m ro -meeettssynth synt sy nth rock ro occkk band baand b nd changed cchhan anggeed their the heiirr name nnaame me from ffrrro om o m Flowers Flo Fl ow weerrs to to Icehouse. Iceehhou Ic oussee. That T Tha haat change cchhaannggee happened hhaap pp peenned after afftter er they they made th the mad a e itt big big internationally bi innteerrnnaattiio onnaalllly with witthh We wi We Can Can Get Get Together To T o og geetthheerr and g aannd found ffo o ouun und another ano an ottthhe her band baand b was waas w as called cal alle led Flowers. Flo low owerrss.. To To mark maark m rk the thee th anniversary aannni niveerrrsa sary main sa mai a n man maan Iva m IIvva Davies Dav avie iess put put pu together tto oggeeth theerr this tthhiiss three tthhreeee disc diisc d sc reissue rreeis isssuue of o the tthhe band’s baand’ b nnd d’s debut, deb ebut ut, Icehouse, Iceehhou Ic ouse se, made maad d dee up up of of the tthhe original orriiggin o inal al album, alb al buuum, m,, a live m livve set, liv set et, and and nd a DVD. DV D VD D.. Of Of special ssp peeccial iiaal nostalgic nno ossttalgi alggiic interest al innte inte terres est for fo orr Kiwis K wis — we Ki we were wer ere big biigg Icehouse bi IIccceh eehhou ousee fans faans ns up u to the cheesy cchhee eesy sy pop po p op rock ro occk of of 1987’s 19 98 877’’s Man M n of Colours Ma r — is is live liv ive footage fo oo ota t gee from f om the 1981 Sweetwaterss Festival fr Feessttiv F tivvall headlined headlined by Split Enz and d Roxy Ro R oxy xy Music. While We Can Get Together T Tog get ethheer still stands up as an anthem and annd Walls is muscular synth rock att its iitts best, tracks like Can’t Help Myself, M seellff My the uppity punk of Sister,r and and Lou Lo L ou ou Reed influenced Nothing To Do, sound coy and frail compared to thee accomplished 1982 follow up Primtive Man with Great r Southern Land, d Hey Little Girl,l and and Glam on it. ssss sssss Pitch Black Rarities and Remixes (Remote) What better way a to document 15 years as one of New Zealand’s most dependable and pioneering electronic acts than with an album of their best (not to mention diverse) remixes, and some Pitch Black tunes you may not have heard before. There’s everything from the duo’s haunting dub-meetstaonga puoro remix of Richard Nunns and Hirini Melbourne’s Te Po, to its bubbling and fizzing rework of Salmonella Dub’s For the t Love Of It from 1999, and then right back to where it all began in 1996 with the simmering and agitating industrial dub of I’m ’ A Wanderer, Wandererr, which which is more akin to Mike Hodgson’s earlier projects as Tinnitus and Projector Mix than the lush and hallucinatory sound that Pitch Black would develop. What Rarities & Remixes x does brilliantly is showcase Pitch Black’s journey into dub, dance, and beyond. Reviews by Scott Kara

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STYLE NOTES Designs on you Trelise Cooper has launched a second fragrance, this an eau de toilette. Like her earlier eau de parfum, it bears the designer’s name. She has again worked with a French perfumer to come up with a fruity-floral scent with woody undertones. It is available in Cooper’s boutiques and at selected department and gift stores, with the eau de toilette costing $125 for an 85ml bottle.

Face it One of Auckland’s top boutiques, Made, is stocking select pieces from one of Melbourne’s best labels, Alpha60. They are the exclusive NZ stockists, with three charming pieces — including this quirky ‘‘Roya’’ shift dress, $329. Ph (09) 366 1693.

Visit the arcade Auckland’s Cross Street is one of the most interesting small streets in the city, with the We’ar boutique, vintage store Tiny Shop, small cafeideas Little B and the Millers Coffee Some fresh and interesting canape for Vogue to Topshop roastery and cafe. Now there’s a new store on Changes are afoot at British Vogue — your guests over the the street: Arcade. Themonths menswear shop is entertaining winter two senior and long-standing being described as ‘‘part-skate shop, part-club figures at the magazine house, part-sneaker store and part-streetwear HEN it comes to entertaining, resigned last week, including boutique’’, and aims to foster culture and fashion director Kate Phelanthere’s nothing like a few elegant community spirit as who will head to Topshop ascanapes to increase the wow well as selling brands including Dave’s creative director. The movefactor. Pop the bubbles darling, Quality Meats, aNYthing, FUCT, Adidas, and try isn’t too far a stretch forsome of these dainty treats. Vans, Converse and more. There will also be Divine Phelan, who has styled thewhitebait from our shores is in-house T-shirts, local zines and art. Find it at Serves 4 St, just behind K Rd. delicious and needs to be quickly prepared. iconic chain store’s campaigns 22C Cross The flavour Vogue ’s is fantastic and all that is needed for several years. Lime hollandaise someDerrick frothy is butter in a pan,on. whisked egg, creative directorisRobin also moving Dark beauty 200gCosmetics butter salt and pepper, and a few herbs. M.A.C has announced a 3 Tbs lime juice Model line-up Warmed bread wrapped around the collaboration with London based designer 1 tsp finely zest fritters is theand more low-key way to eat these Clyne Model Management Nova Gareth Pugh,grated famouslime for his dark take on 2 Tbs water but because Models, Actorstreats, & Talent have new we’re out to impress I fashion. The collection of makeup will launch 3 egg yolks and will include beauty product have re-invented the basic whitebait owners: Clyne booker Marama Nicholas in November, saltaccessories and pepper and turned and his brother sammie Ryan Nicholas. The it into a brioche canape. and in special packaging. We’re The fritters are still simple and tasty but agencies have been home to some of betting that it will involve the colour black, and 2maybe eggs some leather. and sandwiched between lightly New Zealand’ssmall key modelling 150g whitebait toasted thinJessica slices of brioche. A spoonful of successes of late, including 3 tsp flour lime hollandaise and a sprinkle of fresh herbs Clarke and Emily Baker. Previously Put the boot in salt and finishesfor them off20 nicely. owned by Kim Larking nearly It’spepper officially winter, so time to start to 1 Tbs butter Theare next offering years, Clyne and Nova two of the involves duck breast invest in boots. These are new in at 1 ⁄2 Tbs olive rich and full of flavour thanks to the oldest agencieswhich in the is country. Rubyoil Boutiques, from a Sydneythinly sliced brioche fat underneath the skin which makes it a based label called Provensen, and melted butter called the ‘‘LJ’’ boot ($429). luxurious treat. Duck is easy to sear in a hot Shop, shop, shop fresh oregano golden, Concession is apan newuntil online store then all you need to do is it over continue where you can turn buy and selland vintage and cooking until Bare all 1 To make the hollandaise; butter tender.with a focus on luxury new designer pieces, Australianmelt labelthe Arnsdorf then set aside while combining the lime ToThe finish off is the menu, new, I have whisked up and emerging labels. store relatively has gone au natural for juice its and zest in a saucepan with the water. the finest dark with cream, then and still growing, but when we chocolate looked there was spring/summer 2012 1 Tbs of liquid. Simmer until reduced intoincluded small tartlet cases. Take all a nicely curatedspooned selectionitthat a secondlookbooktoand campaign, 2 Pour top intoAustralian a small bowl thatwith will fit the pith the mandarin hand Karen Walker wooloff cardigan from hersegments before featuring models noover a simmering saucepan water. retouching. Whisk in the sinking into the chocolate. Dust with a Society of Bright Youngthem Things collection, a makeup, undone hair andofwithout eggcampaign yolks until thick andby foamy then add the little plumfrom powder youafancy, simple cashmere T-shirt Marniifand quirkythen a The was styled top Australian butter, a little at a time untilthe youeditor haveof a thick of caster or icing sugar to create a printed sweaterdusting from Tsumori Chisato, among stylist Stevie Dance, formerly and creamy sauce. Season.designer Jade decadent tosell enjoy other things. They are alsomouthful offering to on with a dessert Russh, working with Arnsdorf 3 Preheat to 200C. Arrange circles winesuitable and a coffee. your behalf, where pieces are costed, Sarita Arnott.the Sheoven explains that the collection of brioche onbyanfemale oven tray, brush photographed and resold — full details are on ‘‘was inspired artists, bothwith melted butter and bake golden — about the site. Visit the website for more details and contemporary anduntil pioneer, whose works5 minutes, then turn overcrafts. and repeat. contacts. www.shopconcession.com embrace ritualistic female By choosing 4 models Whisk the eggs withmakeup, the whitebait, flour our to be without hairstyles or and seasoning. Heat more a frypan, add the butter Newmarket gets Whitebait Misty-fied is available frozen all year retouching, the images honestly round from different countries, but I and olivethe oil sense then when hot, fry Independent designer Misty Lang has opened a conveyed of realism andsmall veracity that recommend holding out for spoonfuls of the fritter mixture. As soon as pop-up boutique inwould Newmarket, in the former I was exploring.’’ our season. The size and flavour of they are golden on one side, turn over. the tiny fish is spectacular, so even 5 Serve the whitebait fritters between the though it can be pricey, it is a treat slices of toasted brioche. Add a small worth cooking simply and relishing. spoonful of lime hollandaise with a little fresh oregano to garnish.

WHITEBAIT SANDWICHES WITH LIME HOLLANDAISE

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Misty Lang “Sheeba” cape-coat, $420.

Lara Parker boutique space on Remuera Rd. Lang’s winter collection, ‘‘Faded Love’’, will be available from the store, as well as her jewellery (as worn by Susan Sarandon). It is open for three months until August. 7 Remuera Rd, Newmarket, ph (09) 522 2226.

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Saturday, June 18, 2011

motorsport Enduro race pace great leveller It will be every man for himself when we get our own endurance events

his year’s top motor racing endurance event, the Le Mans 24-Hour, had its annual bash last weekend and, as always, the crowds flocked to the Circuit de la Sarthe to watch some great racing. New Zealand is getting it’s own 24-hour endurance event this year but ours is being split into two 12-hour races to be held at the Taupo Motorsport Park on July 16 and 17 and Hampton Downs on August 12 and 13. The popularity of endurance motor racing can be put down to drivers having to maintain race pace for the entire event and is a great leveller. Drivers have the opportunity to go head-to-head with everyone on the grid regardless of pace, budget or engine size. It really is about the last man standing, or in this case, the engine running. These two races will be the first time New Zealand will see a genuine long-distance race and the event is sponsored by VIP Petfoods, which will see company owner Tony Quinn entering. His team is bringing a Porsche 997 GT3 RSR endurance car from Australia. Driven caught up with Quinn in Australia and asked: I hear you lived in New Zealand for awhile, so can we claim you as one as ours? Quinn: I lived in New Zealand and had a Kiwi passport for awhile between 1984 and 1994. I loved it. I really enjoyed the Kiwis, they’re a real bunch of ‘‘can-do’’ people and we still have a property in Queenstown we visit a lot. You run a successful business so how did you get into motorsport?

Eric Thompson Quinn: I used to race Formula Fords in Scotland when I was a young fella but I soon gave it away and came to Australia, and then went to New Zealand and back to Australia. Someone then suggested that I did the Targa Rally in Tasmania, which I did and loved it. I got back into motorsport and have had a great time since. From what we hear, you’re bringing out a rather special race car. Quinn: The car we’re bringing out is a 997 RSR and it has a great history. It raced at the Nurburgring where it came

ninth and also won the Dubai 24 Hour race in 2007. It falls outside the Porsche Cup regs so it’s been sitting around for awhile not doing anything. And so I decided to send it to New Zealand to compete in the two 12-hour races. Twelve hours is a long time to race. Who’s your co-driver? Quinn: My young son, Clark, is pretty useful and he’ll be driving with me at Taupo and Hampton Downs. He’s leading the Australian GT championship at the moment. I always remember Mario Andretti saying that ‘‘it’s one of life’s pleasures to drive with your son’’. Any cunning plans for getting a race win? Quinn: We might have a slight disadvantage, as the Porsche may not be quite as quick as some of the other cars. If it’s going to be cold and wet,

the local boys will have a fair old advantage, as we don’t get a lot of wet weather racing in Australia. Regardless of what happens we’re very used to doing endurance racing and we know it’s not the fastest car in qualifying that counts, it’s a case of around and around for as long as you can, spending the least amount of time you can in the pits and we have a keen good, albeit amateur pit crew, who know the stops are important. You have to be as smooth as you can and stay out of trouble. Driven hears you have a few other toys tucked away in the garage. Quinn: We’ve got a fair old stable of about 10 race cars all up. Each one of them does a different job, as it’s not a case of one car fits all races and you need something different for the different series we compete in. We’ve even got a bloody ex-Dakar Pajero V8

When you buy a car, it pays to do a little window shopping

sequential thing that does the Safari rally. I’ve got things like a historic Ralt RT4 that I love driving as well as a couple of Nissan GTRs for the rallies, a Mitsubishi Evo nine, a couple of Porsches, an Aston Martin that is probably my favourite car and a Mosler GT3 car. How has motorsport helped your company? Quinn: We decided to use motorsport as part of our branding exercise and, to be perfectly honest, it’s worked very, very well. And to the point where VIP Petfoods is almost a household name. We’ve sponsored V8 Supercars, Kiwi driver Crag Baird in the Carrera Cup series and others and been very successful at it and with that you get a lot of exposure. If you want to achieve personal satisfaction you do it for yourself, but if you want to achieve success for the business as a branding tool you’ve go to have a successful driver at the front of the field. The organisers, while using the obligatory schedule A performance car formula, have worked to include New Zealand and Australian production cars, which have always run under different articles. By creating a new showroom class, this embraces many of the common transtasman interpretations. For the first time, the New Zealand showroom class will see SS V8 Commodores and GT Falcons competing against WRX or EVOs with V8 Utes thrown into the mix. Dieselturbo engines have not been penalised for having turbos either, racing as they do in Europe against normally aspirated petrol engines of the same capacity. ■ For more information visit www.endurance.org.nz for full event information and competitor entry details or contact the series secretary Alan Barnes on info@endurance.org.nz or 027 4433407.

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The New Zealand Herald ★ Wednesday, July 6, 2011

OPINION EDITORIAL PUBLISHED SINCE 1863, NO 44,933 I WEDNESDAY, JULY 6, 2011

Waterview a testament to act’s efficiency

HEN the Resource Management Act was overhauled in 2009, there was considerable alarm that the streamlining and simplifying would be at the expense of community participation in decisionmaking. This criticism tended to overlook the requirement for a better-balanced law, not least to stop frivolous and vexatious objections. The need was especially apparent for projects of national significance, for which a fast-track process with a ninemonth deadline was introduced. The first such project ‘‘called in’’ by the Government was Auckland’s $1.85 billion Waterview motorways connection. It has been an acid test for the new legislation. By virtually any yardstick, the process has proved successful. As much is underlined by the acclaim for the work of the Government-appointed board of inquiry by most of those originally strongly opposed to the project. Its final approval for the connection, released yesterday, should placate those who feared the new act would lead to the interests of communities and environmental protection groups being overpowered. And, at the same time, the board has offered a fine example of f efficient decision-making. After a decade in gestation, work will The board of inquiry finally start on the project before has met the concerns of Christmas. Completion is due in late 2016. communities in the path The enormity of the board’s of the project in several task should not be underestimated. As might have ways. been expected with the country’s biggest transport project, it was inundated with paperwork. In all, the views of more than 250 submitters and dozens of technical experts were heard during 16 days of public hearings. Encouragingly, the chairman, Environment Court Judge Laurie Newhook, spoke of a ‘‘highly constructive atmosphere’’. The interested parties seem to have recognised the importance of bringing the debate to a conclusion and making a start on the final link in a network that will give Auckland two complete motorways through the city and provide, at last, a non-stop link from the inner city to the airport. The board of inquiry has met the concerns of communities in the path of the project in several ways. It accepted their submissions on where vehicle emission towers should be erected at each end of a pair of motorway tunnels. It has also directed the Transport Agency to pay $8 million towards a cycleway between Owairaka and Waterview. The impact of the motorway will be further offset by more open space for the likes of BMX tracks, sports fields, playgrounds and parks. In the main, this has pleased the local communities. Margi Watson, the deputy chairwoman of the Albert-Eden Local Board, which was, originally, an opponent, described the final verdict as ‘‘all about big wins for small communities’’. Other community groups have called it fair and said it largely met their concerns. The Transport Agency, for its part, has accepted the finding, saying the new fast-track process meant it could only mount challenges on issues of law. It can, in fact, afford to take a fairly benign view of the up to $50 million of f environmental enhancements prescribed by the board, given the enormity of the project. The Government has not been slow to exploit such ringing endorsement of its new procedure. The Transport Minister has spoken of a balance ‘‘pretty nearly being struck’’ between the costs of such a project and environmental protection for the communities along its route. Such enthusiasm appears well merited. Not so long ago, major roading projects could be bogged down by the consents process for as long as 15 years. The Waterview connection has been spared that fate. The task now is to meet the construction deadline.

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nzherald.co.nz

READERS’ FORUM

Canada’s reluctant little flower Canada’s Canada’s reluctant reluctantlittle littleflower flower girl girlgirl

Stop demands over Pike River At last. Thanks to the Prime Minister for saying it will be the responsibility of the successful tenderer for the Pike River resources to retrieve the bodies of the miners. Is it too much to hope that this may stop the irresponsible demands that we, the public, must continue to put other lives at risk and expend significant sums in a gesture of futility? The bodies are secure and safe from desecration. Retrieving them essentially shifts them from one grave to another. If that is as the result of opening the mine to productivity for the benefit of West Coasters and the country, fine. Is it too much to ask for this issue to await the outcome of the royal commission and the commercial tendering process? Ken Thomas, Morrinsville.

Comedy channel

Govt appointments I have been somewhat surprised and disappointed upon my return from six years in Australia to see that either we really do have a small pond from which to draw or appointments are being made that impartial observers might question the wisdom of. For example, Alan Jackson, chairman of Housing NZ, is also a nonexecutive Fletcher Building director. Additionally, the Herald reported that Martin Udale, of GAP Housing, ‘‘wants to develop dozens of cheap community houses in response to a Government decision last year to free up the social housing market’’. The article noted that Mr Udale was a former f chief executive of McConnell Property, but did not say that he sat on the Tamaki Transformation Board, the governing body for a 15- to 20-year redevelopment project in Auckland. I wonder whether some Government appointments are appropriate. And shouldn’t we be setting the level of public disclosure higher than what seems to be a very low bar? L. Kingsford, Northland.

Housing affordability Your correspondent Donna Wynd points to a supposed shortage of 9000 homes in Auckland. This is a legitimate cause for concern. But she does not mention that of Housing NZ’s 66,000 houses and flats, 27,000 are, in the words of the Housing Minister, ‘‘not where we want them’’. At a time of financial stringency, these houses should be sold so the money can be better used. In fact, the minister is committed to building 1000 new homes in the next year.

Comedy Central must be joking when it declares its content policy is ‘‘quality over quantity’’. Television viewers are being shortchanged by its removal of Emmy and Pulitzer prize-winning Jon Stewart’s The Daily Show. Columnist John Drinnan correctly noted that Comedy Central’s repetitive line-up is littered with cheap 30-year-old sitcoms and trash such as Naked Wild On, Rude Tube, Sin Cities and Wonderful World of Sex, while station manager Matt Brooks calls this ‘‘fine-tuning’’ its programming. After alienating sports fans by dropping ESPN, Sky TV is wallowing in the gutter while dissatisfied comedy customers turn to the internet for real quality. Rebecca Russo, Clevedon.

yHe bemay royalty, be royalty, but 2-year-old but 2-year-old Alexa Alexa CurrieCurrie was reluctant was reluctant to give toher giveflowers her flowers to Prince to Prince William. William. After After some some coaxing coaxing sheshe gave gave thethe bouquet bouquet to Kate, to Kate, thethe Duchess Duchess of of Cambridge, Cambridge, inin Summerside, Summerside,Prince PrinceEdward EdwardIsland. Island.

BREVITIES ON PAY GAP

John Key says he does not know if people are being paid differently because of their gender. ‘‘I don’t have any data on that,’’ he explains. The reason he does not have data is that his Government closed down the Pay Equity Unit which provided such data. Gabriel Brettkelly, Mt Eden.

ON ROAD SAFETY

The headline ‘‘Quiet buses can be fatal to riders’’ on Roger Recordon’s letter should continue ‘‘who don’t bother looking’’ or ‘‘who just swerve out’’. It is cyclists’ responsibility to look out for themselves. Making More affordable housing is needed, but this can be provided by reducing compliance costs, thus making it more attractive to the private sector. James Read, Huntly.

Bags and Britomart With travellers coming here for the World Cup, perhaps signs pointing to the left-luggage department should be put up in the Britomart railway station. It is on the lower level where the trains come in, but there are no signs indicating this. Most people would drag their bags up the escalators and ask at a kiosk before being told where the department is. Even people coming in from the street level and wanting to ditch their bags while sight-seeing before a trip out to the airport would be none the wiser because there are no signs there. When you do locate the left-luggage cubicles — in the dark under the escalators — there is no apparent

buses louder is not the answer. Making cyclists look behind them before changing lanes or use a rearview mirror is. Geoff Houtman, Grey Lynn.

caused to their property, or replaced the property in kind? Claiming not to remember does not absolve him from his responsibility. Max Wagstaff, Glendowie.

ON GRAFTON BRIDGE

ON MACSYNA KING

The issue with cars using Grafton Bridge could be solved by replacing the green light with a yellow ‘B’ light y like those at other intersections. Barbara Lokes, Mt Albert.

ON URINATOR

Why is Ruth Aitkin defending her son? Why hasn’t he voluntarily compensated the passengers on whom he urinated for the damage he place to pay. This is cannily hidden away in a recess. We are told by the Tourism Department that we want to attract young backpackers because they contribute to the economy. Perhaps John Key, as the Minister for Tourism, could look

at the lack of signs at Britomart and make it a more welcoming place for tourists. Pauline Alexander, Waiatarua.

Public servants Peter Bromhead’s column in the Business Herald offered a fine example of f why the number of bureaucrats allegedly serving the public needs to be slashed. The security requirements to permit the delivery of a coffee table to a government department are ludicrous beyond belief. Most of us have had dealings at some time with officious public servants, but his experience caps the lot. The present reduction in the public

Columnist Tapu Misa drags out the handwringers’ favourite by suggesting that dignifying Macsyna King with an audience may help the public ‘‘learn something’’. Like what? That children raised by the violent, selfish and emotionally illequipped are at risk of living short ugly lives. We have got it, thanks all the same. Carmel Claridge, Kohimarama. service head count is long overdue, and it is to be hoped those who sat down and prepared the nine-page form to be filled out by four delivery people, so they could be vetted over five days then narrowed down to two people for one small delivery, will be part of the cull. W. Davison, Manly.

Land sales The article about the Aboriginal ranger Jeffrey Lee showed that billions in the bank are no substitute for the contentment the good life gives. Furthermore, by refusing to sell his land for mining of potentially lethal uranium by the French, he has done mankind a great service. As well as preserving his native heritage, and the precious taonga that exist on it, the land will be saved from hideous despoliation. So far as he can, Mr Lee has also safeguarded his land in perpetuity by generously donating it to the Austra-

PICTURE PICTURE /AP

DSK DSKfaces facesfresh fresh assault assault claims

MMP referendum For a gallery of cartoons go to nzherald.co.nz

Opinion writer Alan McRobie says an early start to the public education campaign on this year’s referendum on the voting system is vital. The Electoral Commission could not agree more. It began its information and education programme on May 30. With the World Cup in mind, the commission’s programme will be delivered in two phases. The first phase, from late May until early October, is about raising awareness that the referendum is on, and presenting information face-to-face through a series of meetings with community groups. The second phase, starting on October 9 and running until election day, will be about engaging voters through a comprehensive advertising campaign across television, radio, print and online that explains the two questions, the options, and the implications of the referendum. All registered electors were sent the iinformation f ti llastt month th about b t th referendum. A more detailed brochure will be delivered to every household in October and, in November, every enrolled elector will receive the same brochure in their EasyVote information pack. Robert Peden, Chief Electoral Officer, Electoral Commission.

ANCE: FRANCE: Sordid Sordid exchange exchange uld could doom doom bidbid forfor presidency presidency

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Dominique que Strauss-Kahn’s Strauss-Kahn’s chances chances of events of events Yesterdayheheinsisted insistedthat thather her couch, decision on on thethecouch, watching coverage of Strauss-Kahn watching coverage of Strauss-Kahn The announcement as the to to filefile forfor charges comescomes as the gentering the French the French presidential presidential race race The announcement decision chargesnow nowwould would then that I hold notnot that I hold without bail week last week dining Tristane freedfreed without bail last and and dining assault brought by an denthishisclient’s credibilitynor nor dent sexualsexual assault case case brought by an to beafter over aafter a novelist Tristane Banon then ed appeared to be over novelist Banon client’scredibility hand to reply make hishis hand to reply in a New restaurant. in a New YorkYork restaurant. American hotel chambermaid make her look opportunistic. her look opportunistic. 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I I against claims in February claims took took placeplace in February 20032003dictaphone, Strauss-Khan was freed againstMrMrStrauss-Kahn Strauss-Kahnisisempty, empty, was freed from from his his Tristane a 32-year-old Strauss-Khan stane Banon,Banon, a 32-year-old arm. himhim to let go and that’s when she went to interview Strauss-asked whenwhen she went to interview Straussstrictterms bail terms by a York New York ours isn’t.It Itis isextremely extremelysolid solidand and isn’t. by a New courtcourt journalist and writer, for bail ist and writer, was towas file to forfile strict asked to me let me go and that’s when ours fightfight started.’’ a former French Finance Minis-the the Kahn,Kahn, a former Finance Minislast weekend doubts thorough.’’ thorough.’’ amid amid doubts over over the the an alleged a weekend started.’’ scharges over anover alleged attack attack in a inlast f French Banon hashas previously given a a ter, an apartment. ter, in aninapartment. victim’s credibility. Franceis isdivided dividedover overhow howtoto France allegedalleged victim’s credibility. Paris apartment 2003 during Banon previously given partment in 2003in during which which account of the alleged attack in in receive ‘‘When I entered I immedi-graphic I entered that that flat, flat, I immediThatraised had raised among receive Strauss-Kahn’s likely acquittal. Strauss-Kahn’s likely acquittal. hopeshopes among his his ‘‘When she claims Strauss-Khan to That had graphic account of the alleged attack aims Strauss-Khan tried tried to television programme, currently felt at ease,’’ she told l’Expressa 2007 atelyately felt ill atill ease,’’ she told l’Express supporters that62-year-old the 62-year-old Some per centofofFrench Some 4242 per cent that the wouldwould unhook andher open her jeans.supporters a 2007 television programme, currently her braher andbra open jeans. 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Point,while while5151per percent centthink thinkthe the saidsaid sheshe waswas dissuaded from machine, a round on the SheShe machine, a round tabletable with,with, on the dentyear nextfor year the Socialists. dent next thefor Socialists. Strauss-Kahn’s responded dissuaded from opposite. uss-Kahn’s lawyerslawyers responded opposite.

li Liston ers of Fox News trust America’s atched cable-television network g them the biggest breaking covering critical issues that media organisations fail to spot. o can forget: ‘‘Lindsay Lohan vs y: Is Actress Jeopardising Comeith Bra-Free Lifestyle?’’ a Twitter account operated by ws broke a startling story yesthat seemed too sensational r the Rupert Murdoch-owned k — that President Barack had been shot dead while

campaigning at a restaurant in Iowa. Fox News was quick to issue a statement explaining that the ‘‘malicious’’ tweets were a hoax by online hackers and not the work of its own journalists. FoxNews.com said: ‘‘Hackers sent out several malicious and false tweets claiming that President Obama had been assassinated. Those reports are incorrect, of course, and the President is spending the July 4 holiday with his family.’’ The first of six false tweets showed up on the @foxnewspolitics Twitter feed about 2am local time on American Independence Day and said Obama

‘‘has just passed. The President is dead. A sad 4th of July, indeed. President Barack Obama is dead’’. The last tweet was more lighthearted, congratulating Joe Biden on LIGHT-FINGERS becoming the new President: ‘‘In such LUGGAGE: a time ofInmate madness, there’s light at the Juan end Ramirez of tunnel.’’Tijerina An unknown individual or group was found calling themselves The inside a Script Kiddies appeared to claim responsibility for suitcase after hacking thehe @foxnewspolitics account tried to on its own Twitter feed, which was escape with the later suspended. posts remained in helpThe of his place for more than eight hours. girlfriend. PICTURE / AP

— Independent

Strauss-Kahn’s Strauss-Kahn’sSocialist Socialist allies allies have begun begunaamedia media offensive offensive claiming claiming he was wasthe thevictim victimof ofaaplot. plot. One One claimed claimed Strauss-Kahn Strauss-Kahn was warned warned he he was was under under threat threat from Vladimir Vladimir Putin, Putin, the the Russian Russian Prime Minister, Minister,shortly shortlybefore before his his arrest. arrest. Other OtherSocialist SocialistMPs MPs questioned questioned the role roleofofthe theManhattan ManhattanSofitel’s Sofitel’s security security chief, senior chief,aaformer former f senior policeman policeman with links linkstotoFrench Frenchintelligence. intelligence. They Theyasked askedwhy whyhotel hotel management management phoned phoned President President Nicolas Nicolas Sarkozy’s Sarkozy’s afterthe the incident. incident. office officean anhour hourafter The Accor Accor group, group, which which owns The Sofitel,has hasstrenuously strenuouslydenied denied any any foul Sofitel, playand andthreatened threatened to to sue sue for for slander slander play anyonemaking makingsuch suchclaims. claims. anyone Koubbiinsisted insistedthere therewas was no no politiKoubbi calmotive motive in in the the timing timing of of Banon’s Banon’s cal complaint. complaint. ‘‘Letme memake make itit clear clear that that II have ‘‘Let beencontacted contactedby bynobody nobodyon on the the Right, been Right, thatI Iam amunder under nobody’s nobody’s orders,’’ orders,’’ he that said. said. — — Telegraph Telegraph Group Group Ltd

break unzipped Prison Prison break unzipped as guards bag their man as guards bag their man

bama hoax has Fox-watchers a-Twitter

CHETUMAL — Police say a woman was caught try-

LIGHT-FINGERS LUGGAGE: Inmate Juan Ramirez Tijerina was found inside a suitcase after he tried to escape with the help of his girlfriend. PICTURE / AP

A11

Tabloid ‘hacked’ girl’s cellphone

lian Government for future listing as a world heritage site. Obviously, he wants others to share the same pleasure he does in fishing and hunting on the land, soaking up its rugged beauty. Most of our productive forests are in Asian hands and our fisheries and other natural resources are being exploited by overseas interests. Now the Chinese want our richest dairylands. It seems no one is willing to say no to them. However huge the sum, the gain from money is ephemeral. Once our land has gone to foreigners, it has gone. Our politicians should heed Mr Lee’s words: ‘‘I don’t own that land. The land owns me.’’ J.A. Copping, Botany Downs.

EMMERSON’S VIEW

Churches and poverty Your correspondent William Roberts criticised religious leaders in New Zealand for being silent about poverty. But Christian leaders and their churches are not just talking about poverty but are pro-active in a number of areas. For example, they are providing everything necessary for people from Christchurch who are arriving here because of the earthquake, from furniture to clothing and food, so they can set up home again. Also, many churches are sending items and money to Christchurch to help people in need. Churches in Christchurch are also doing an absolutely amazing and sacrificial job. Churches have for years been handing out goods to people who have inadequate resources to clothe and feed their families. The church seems to be the whipping boy when society has problems. But when it comments on society’s moral issues, it is told it should not be interfering in people’s lives. Tim Long, Henderson.

The New Zealand Herald ★ Wednesday, July 6, 2011

sneak partner out ofntecatur a Mexican prison in Accusae porempe rferes es qui auting mi,tooffi cius her iditaqu amentia as endae voluptus, evel earcia necatemque corumquo ommolupiet enis et alicaborro dem a suitcase following a conjugal visit. veliqui ut facium eum, culpa aborro voloriam nost utetur? A spokesman for police in the Caribbean state Inullab oruptaspella inihil illiqui cus ea volo Roo estrumquam abo.atItas inulpa of Quintana says staff the prison in dolores mod ut pa anietur, cus, odChetumal ut offic tornoticed ad moluptatem quatiuntia voluptate si the woman seemed nervous and ipicto beatiatus aut alit ape sunte nimus nobitis que nus cum renis volupiciam que was pulling a suitcase that looked bulky. vera accus. Spokesman Gerardo Campos said prison Beatium illaborum nationsequo ea vellace pereper ibusandam aut est, occus guards checked the bag of 19-year-old Maria dolorep reperorum cullabor aliquid mi, offic tem apicit dit molorpo ritationsed del Mar Arjona and found inmate Juan Ramirez miliciam consed quiat. Xera nobit odi quunti re, quatur aute nes autendi ciaerum qui fetal sundionse simaxTijerina curled up inside in the position. im usandis arum niatur, aturit quisque verum is etserving il mi, estetur acietsentence quatemfor atiunti Ramirez a 20-year a 2007 umenihi taquisquas utem. Ficiae pa dolorest,for corit, utateweapons rest, quiant moluptae ne conviction illegal possession. voluptatque vidus maximin re nulparum eicium rest and dolectatur asare ne pending. et perum Arjona was quas arrested charges experiati bero eremolut lautem rest, sit porehendae saero — AP

LONDON — News of the World executives were to meet police today for urgent talks over allegations that a private investigator working for the newspaper hacked into the mobile phone of murdered teenager Milly Dowler. In the latest blow to Rupert Murdoch’s News International, Scotland Yard detectives have found evidence that the Sunday paper targeted the 13-year-old’s mobile phone in March 2002, soon after she disappeared on her way home in Walton-onThames. The tabloid — then edited by New International’s present chief executive Rebekah Brooks — deleted messages on her phone by friends and relatives to free space in her inbox, so it could access fresh voicemails for stories. This led Surrey police and the Dowler family to believe she may still be alive. The NOTW ran a story based on a hoax message g left on her voicemail and carried a heartrending interview with the Dowler family, unaware their false hope had been partly stirred by its own criminality. It is understood the mobile phones of Milly’s parents, Robert and Sally, were also targeted. By then Milly had been murdered by Levi Bellfield, who was jailed for life Milly Dowler last month after a trial that involved intense personal questioning of her parents. Mark Lewis, their solicitor, said the Dowlers had been informed about the phone hacking by officers from Operation Weeting, the Yard’s new investigation into phone hacking by the private investigator Glenn Mulcaire. Lewis said: ‘‘I would suggest this is one of the worst cases of all. You have to ask the question: who at the NOTW was thinking it was appropriate to try to hack into the phone of a missing young girl.’’ He added: ‘‘[The parents] have been through so much grief and trauma without further distressing revelations.’’ The latest twist is likely to increase the pressure on Brooks, who used her editorship of the NOTW to conduct a campaign to tighten laws to protect children from paedophiles following the murder of Sarah Payne in 2000. Labour MP Tom Watson claimed last week the NOTW hacked the phones of the parents of Holly Wells and Jessica Chapman, the children murdered at Soham in 2002. Yesterday, he said that targeting Milly Dowler’s phone was a ‘‘despicable and evil act that will shock parents up and down the land to the very core’’. Detectives are believed to have found evidence of the Dowlers’ private information in thousands of pages of notes kept by Mulcaire. Upon finding the missing schoolgirl’s voicemail inbox to be full, the Guardian reported, the NOTW decided to delete messages to allow more to be left — which could then provide leads for stories. News International said: ‘‘This particular case is clearly a development of great concern and we will be conducting our own inquiries as a result.’’ — Telegraph Group Ltd, Independent

centre stage DPS Centre Stage is a rectangular or square advertisement that sits evenly across the middle of a Double Page Spread (DPS), with editorial in an upside down U-shape around the advertisement. By placing the advertisement centre stage, advertisers are offered outstanding ownership of a DPS.

The New Zealand Herald ★ Monday, July 4, 2011

nzherald.co.nz

Education on voting systems vital Alan McRobie writes that an early start on the referendum debate is essential LTHOUGH the referendum the National Party committed to in its 2008 election campaign is now only five months away, the promised public education campaign that is to precede it has not materialised. Despite no apparent public groundswell for a review of our MMP electoral system, the Government proceeded to pass legislation setting up the referendum. This largely replicates the process used in 1992 and 1993, which was preceded by an education campaign. Public information programmes, especially where complex issues are involved, are difficult at the best of times. They involve creating an awareness of the issue, arousing interest and retaining attention, developing material to convey key messages to voters and, perhaps most important where a range of options is involved, providing information that will enable people to develop a good understanding of the likely consequences of each option. Any programme should give voters time to become fully informed before voting. It is sobering to realise that this year no one under the age of 36 (close to one-quarter of New Zealand’s voting population) will have voted in other than an MMP election. The Rugby World Cup will be played between early September and the end of October. Given the nature of this festival, very few are likely to be interested in developing an understanding of the referendum. During the final month it will be competing with the election campaign. The nuances of electoral systems are complex. A substantial public education programme will be needed to remind those who were voters in the early 1990s, and to familiarise younger voters with the different options and their implications. No electoral system is perfect. Although I have never been a fan of MMP because it gives considerable power to political parties, I acknowledge it has largely met the expectations identified by the Royal Commission — fairer representation for smaller parties, women, Maori and other minority ethnic groups, and greater transparency when contentious issues are being debated. If a majority of voters support MMP there are four changes that might usefully be made to improve its public acceptance. First, parties should be required to win at

YOUR VIEWS Ian Wishart’s latest book has attracted outrage in some quarters, with more than 41,000 people signing up to a ‘‘Boycott the Macsyna King Book’’ page on the social networking website Facebook. Do you support the boycott? To send in Your Views, go to nzherald.co.nz/yourviews.

NORTH ISLAND TODAY

PICTURE / AP

A Finnish pair have won the country’s annual wife-carrying competition for the third year in a row. Taisto Miettinen and Kristiina Haapanen defended their title in front of 6500 spectators at Sonkajarvi. The 46-year-old lawyer, his partner’s legs wrapped around his head, sprinted 253m, leaping hurdles and

Pam: The public are the ones who should not buy this book, but there is no problem with booksellers stocking it.

time to become fully informed before voting.

’

least two electorate seats before they qualify for a share of list seats. Had this applied last election Act, which won fewer party votes than New Zealand First, would havehad only one seat instead of the five it was awarded. Second, candidates should be permitted to stand either for an electorate seat or on a party list, not both. This would remove what many see as ‘‘double-dipping’’, aptly described as ‘‘voted out on Saturday; back in on Monday’’. Third, sitting list MPs’ enthusiasm for standing in byelections in constituency seats should be dampened. It is somewhat bizarre to see sitting list MPs contesting byelections as

has happened in Mt Albert, Mana and Te Tai Tokerau. Fourth, serious consideration should be given to introducing the alternative vote (preferential vote), at least for the party list vote. Although MMP results in proportional representation, wasted votes still occur when parties which fail to reach the 5 per cent threshold are excluded. The choice facing voters is whether New Zealand should retain a proportional electoral system such as MMP or the Single Transferable Vote electoral system (STV), or return to a non-proportional majoritarian electoral system such as First-past-the-post (FPP), the Supplementary Member (SM) electoral system, or the so-called (and misnamed) Preferential Voting system. FPP was used in elections before 1996. In the last FPP election in 1993, fewer than onequarter of electorates were won by candidates gaining at least 50 per cent of the votes cast. From time to time some MPs have expressed a preference for a Supplementary

Member system (SM). SM is not a proportional electoral system. It is a Firstpast-the-post system to which are added a small number of seats filled from prepared and pre-ordered party lists. The Single Transferable Vote (STV) electoral system is used to elect District Health Boards and some local authority councils. It uses multi-member electorates, and voters use preferential voting to determine who shall represent them. The overall outcome is generally broadly proportional to the share of the vote received by competing parties. The wording of this year’s referendum is flawed because it describes preferential voting as a ‘‘voting system’’. It is simply a method of voting whereby voters rank candidates (and parties) in order of preference. Its outcomes are non-proportional. Furthermore, it can be applied to any of the electoral systems options we are being asked to consider. If voters are attracted to this referendum option they should ask themselves the question: to which

happened, or that she wasn’t ‘‘the world’s worst mother’’, as Wishart has said. But that’s different from saying she killed her babies. Macsyna is not, as some have suggested, comparable to the narcissistic killer Clayton Weatherston, who was rightly found guilty of murder after stabbing his exgirlfriend 216 times. There was no doubt of Weatherston’s guilt. He gloried in his crime and the attention it drew. I wouldn’t buy a book by or about him. Macsyna, on the other hand, hasn’t been found guilty of anything. She hasn’t even been charged. After the twins’ father Chris Kahui was acquitted of their murders in 2008, the police said they believed they had arrested the right person. The inquiry head, Detective Inspector John Tims, told the Herald at the time: ‘‘There is no evidence to support a charge against any other person and that includes the mother, Macsyna King.’’ Chris Kahui walked free because his defence team did a good job of creating

’

reasonable doubt and pointing the finger at Macsyna. That’s the way our justice system works. But Kahui’s innocence doesn’t automatically make Macsyna guilty. The Facebook haters say Macsyna shouldn’t be allowed to tell her story, having remained silent when it mattered. But this isn’t entirely true. Wishart told Close Up Macsyna ‘‘was beginning to help police early on’’, that she was a prime witness for police, and ‘‘I think the fact that she wasn’t charged, the fact that clearly police went in another direction, shows that they believe her, as do I’’. Macsyna has ‘‘laid her life bare. She said, here it is, take me, look at it. Learn from it’’. The book, says Wishart, would ‘‘lay out the world that we in middle-class New Zealand don’t see, and it lays out the reasons and how quickly things can fall off the rails. The reality is, Macsyna had actually had a university education. She is a smart woman and yet she made some bad choices.’’ Whatever the reasons, there’s little doubt Macsyna was a negligent mother. She may still be charged for failing to provide ‘‘the necessaries of life’’. But there remains a very real possibility that this woman is innocent of the acts that led directly to her babies’ deaths. A d if th t’ th d h ll

Arch: 40,000 Facebook contributors is significant, if they regularly buy books.

and stole food — and sometimes women —from nearby villages. Miettinen and his ‘‘wife’’ — for Haapanen is just a friend — are the first pair in the event’s 16-year history to win three times in a row. This year 47 couples from 10 different countries, including Israel, Russia and the United States, took part.

Digby: People are free to write, edit, publish and publicise a book. People are free to protest about the publication of a book. People are free to choose what they stock in their shops.

TOP 10 STORIES Swim star ‘divorces’ parents Post-mortem for plastic bag baby Crusaders cruise into Super 15 final Rocks crush walker in Auckland Baby’s body found in stream The piddler on the hoof Rugby: Freakish Quade hobbles Blues Macsyna King’s tears for twins (+audio) Correction and apology to Kim Dotcom Turkish food chain plagued by vermin

‘

[The Government is saying] you must thank me because instead of killing all the pets, I’m only going to kill the dogs and the fish and the birds, we’re going to leave the cats alone.

’

Barnaby Joyce

have added about 6c a litre to the cost of petrol. It is unclear whether the Australian Greens have agreed to the exemption, having consistently argued against the measure. Gillard would not say whether the minor party had backed down over the issue, but she did acknowledge the influence that independent MP Tony Windsor had over the decision.

SALE

85cm 8 5cm Yellow Yello ow T Tiger igerr

Nationals frontbencher Barnaby Joyce said that the petrol exemption merely ‘‘accentuated the insult’’ of the tax, in that it was ineffective to begin with. ‘‘It is not going to change the climate, it is not going to do anything to the temperature of the globe.’’ No matter what exemptions the Government made, the carbon tax would hit Australians hard, he said. ‘‘[The Government is saying] you must thank me because instead of killing all the pets, I’m only going to kill the dogs and the fish and the birds, we’re going to leave the cats alone.’’ Big business is not happy with the move, either. The Australian Chamber of Commerce and Industry said exemptions would simply shift the price burden of a carbon tax to other areas of the economy. Chamber chief Peter Anderson said it was wrong for the Government to think it could isolate the impact of the tax in one area. — AAP

NOW N OW OW

JJUST JU UST

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Alphabet A lphabet F Fridge ridge M Magnets agnets

17 10

THURSDAY

16 10

WEDNESDAY

THURSDAY

16 8

rain, clearing towards evening. Southerlies dying out and fresh westerlies developing.

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THURSDAY

17 7

& SUNSCREENS

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Compatible Co C om om mp pat atiib blle e with with wi th Lego Le L eg go o

WEDNESDAY

TOMORROW Cloudy with scattered rain developing

Occasional showers. Strong gusty westerlies.

OUR P PRICE R CE RI

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in the morning, then easing to showers in the evening. Gusty southeast winds dying out and fresh westerlies developing.

THURSDAY

FRIDAY

12 8 Showers turning to Showery with rain. Some heavy blustery SW. falls possible. Strong gusty NW.

7:37AM Sunset 5:10PM Taumarunui high 15 overnight low 4 Sunrise Moonrise 9:16AM Moonset 8:20PM

WEDNESDAY

THURSDAY

14 7

rain, clearing towards evening. Southerlies dying out and fresh westerlies developing.

Sunrise 7:42AM Sunset 5:13PM New Plymouth high 15 overnight low 6 Moonrise 9:20AM Moonset 8:24PM

THURSDAY

the afternoon and a few showers developing. SE breezes dying out and W developing.

GISBORNE/HAWKES BAY

FRIDAY

13 10

Periods of rain. Periods of rain. Some heavy falls. Strong gusty Strong gusty northwesterlies. westerlies.

Occasional rain. Strong SW.

Sunrise 7:33AM Sunset 5:00PM Napier high 13 overnight low 7 Moonrise 9:10AM Moonset 8:12PM

TODAY Fine with morning frosts, but cloud

WEDNESDAY

TOMORROW Rain setting in during the morning,

Early rain clearing Mostly fine. then fine. Gusty W, Strong gusty may rise to gale in northwesterlies. exposed places.

increasing in the afternoon with a few showers possible north of Napier at night. Northerly winds, freshening in exposed coastal places after dark. briefly heavy. Fresh easterlies dying out later.

16 10

THURSDAY

17 8

FRIDAY

16 9 Mostly fine. Strong gusty westerlies.

Sunrise 7:46AM Sunset 5:05PM Wellington high 13 overnight low 8 Moonrise 9:22AM Moonset 8:18PM

Northerly winds.

THURSDAY

12 9

TOMORROW Mostly fine, but cloud increasing in the Showers with afternoon and a few showers possible. Northerlies.

13 10

FRIDAY

11 9

strong gusty northwesterlies.

high low

TODAY fine fine fine fine cloudy fine fine fog fine fine

15 14 14 14 14 11 11 9 11 10

4 4 4 2 7 5 1 4 9 6

TOMORROW high low partly cloudy 15 10 partly cloudy 15 11 fine 13 8 partly cloudy 12 6 showers 13 7 partly cloudy 14 7 fine 13 2 mainly fine 13 4 partly cloudy 13 8 mainly fine 12 5

AROUND THE WORLD Adelaide Amsterdam Apia Athens Bangkok Beijing Berlin Brisbane Brussels Buenos Aires Cairns Cairo Canberra Cape Town Chicago Copenhagen Dallas Darwin Dubai Dublin Frankfurt Geneva Hobart Hong Kong Honolulu Istanbul Jakarta Jerusalem Johannesburg Kuala Lumpur London Los Angeles

showers fine showers fine rain fine rain fine fine fine showers fine rain fine showers rain showers fine fine cloudy fine cloudy fine showers showers showers showers fine fine rain fine fine

TODAY

high low

15 20 31 30 27 34 25 24 21 10 25 34 13 17 31 23 37 31 40 21 23 27 15 32 26 26 31 32 15 34 24 25

11 10 23 20 24 21 12 9 8 -2 17 23 4 7 19 15 29 19 29 10 13 12 5 28 22 20 23 19 4 25 13 19

Madrid Manila Mecca Melbourne Miami Moscow Nadi Nairobi New Delhi New York Norfolk Island Noumea Nuku’alofa Papeete Paris Perth Port Moresby Rarotonga Rome San Francisco Santiago Seoul Singapore Stockholm Suva Sydney Taipei Tokyo Toronto Vancouver Vila Washington

fine rain fine showers rain cloudy rain showers fine showers showers showers showers showers fine fine rain rain showers fine cloudy fine showers fine rain rain showers cloudy showers showers fine showers

TODAY

high low

32 32 45 15 32 29 26 26 36 31 19 23 26 24 25 17 27 28 29 23 14 28 31 17 26 20 34 33 29 21 23 34

17 25 30 7 25 17 23 13 27 21 16 18 24 23 12 4 22 21 18 13 -3 21 25 14 23 12 24 26 18 12 22 21

Maori fishing guide by Bill Hohepa

FISHING CALENDAR

TOMORROW WEDNESDAY THURSDAY

GOOD

Showers Showers turning to Showers. developing during rain. Some heavy Blustery SW. the morning. falls possible. Strong gusty W. Strong gusty NW.

WEDNESDAY

AROUND NEW ZEALAND Wanganui Palmerston North Nelson Blenheim Hokitika Christchurch Timaru Queenstown Dunedin Invercargill

FRIDAY

11 8

TODAY Morning cloud clearing, then long fine spells. WEDNESDAY

Rain easing to a few showers. Early SW change.

7:30AM Sunset 5:08PM Rotorua high 14 overnight low 8 Sunrise Moonrise 9:10AM Moonset 8:16PM

TOMORROW Mostly fine, but becoming cloudy in

ELSEWHERE E

FRIDAY

15 9

Scattered showers Showers developing during turning to rain. the morning. Strong gusty Strong gusty W. northwesterlies.

TODAY Cloudy periods. Southeasterly breezes.

WELLINGTON

FRIDAY

14 8

Showers Showers turning to Showers. developing during rain. Some heavy Blustery SW. the morning. falls possible. Strong gusty W. Strong gusty NW.

14 8

SPECIAL SP S PE EC CIA IAL

Sea: Moderate. Swell: S 2m easing. Visibility: Good.

TODAY

Showers. Strong SW.

7:31AM Sunset 5:08PM Tauranga high 16 overnight low 11 Sunrise Moonrise 9:10AM Moonset 8:17PM

however a few showers about and north of Tauranga. Becoming cloudy everywhere from evening with widespread rain overnight. E or SE, fresh in places. TOMORROW Rain, easing to a few showers in the evening. Southeasterlies dying out and gusty westerlies developing.

TODAY Fine with morning frosts. Light winds.

15 11

FRIDAY

14 11

Sunrise 7:34AM Sunset 5:12PM Hamilton high 15 overnight low 8 Moonrise 9:14AM Moonset 8:21PM

TARANAKI

Showers turning Becoming fine. to rain. Strong Southerlies NW, gale in places dying out. turning S at night.

GOOD

HIGH TIDES

height (m) TODAY 10:03AM 10:29PM 2.6 12:07PM 11:56AM 3.3 9:36AM 10:02PM 2.5 9:51AM 10:17PM 2.7 9:25AM 9:46PM 3.2 12:15AM 12:38PM 4.2 12:07PM 11:58AM 12:04PM 3.4 9:04AM 9:25PM 3.1 9:03AM 9:31PM 1.8 9:09AM 9:37PM 1.8 8:47AM 9:15PM 1.8 7:48AM 8:15PM 1.9

Mangonui Kaipara Heads Kohukohu Russell Whangarei Auckland Onehunga Manukau Heads Muriwai Beach Raglan Coromandel Mercury Bay Tauranga Whakatane Gisborne

GOOD

Tide data © LINZ www.linz.govt.nz TOMORROW height (m)

10:51AM 12:28AM 12:17AM 10:24AM 10:39AM 10:13AM 12:58AM 12:27AM 12:18AM 12:25AM 9:52AM 9:52AM 9:58AM 9:36AM 8:39AM

11:16PM 12:53PM 12:42PM 10:49PM 11:04PM 10:34PM 1:22PM 12:51PM 12:42PM 12:50PM 10:13PM 10:18PM 10:24PM 10:02PM 9:04PM

2.6 3.4 2.5 2.7 3.2 4.2 3.5 3.1 1.8 1.8 1.8 1.9

MOON PHASES first qtr 8 Jul

full moon 15 Jul

SKI FIELDS

Skifield Whakapapa Turoa Mt Hutt Treble Cone Cardrona The Remarkables Coronet Peak

last qtr 23 Jul

Snow base Last snow 45cm 5cm on 29 Jun 61cm 10cm on 29 Jun 20-35cm 30cm on 28 Jun no report 5cm 1cm on 23 Jun 20-40cm 1cm on 19 Jun 10-20cm 1cm on 2 Jul

new moon 31 Jul

Road (yesterday) carry chains carry chains chains/4WD closed closed carry chains carry chains

YESTERDAY’S READINGS

Av Available vaila lable ble in n White or Br Brown row own

AS1010-124

WEDNESDAY

Showers Showers developing during turning to rain. the morning. Strong gusty Strong gusty W. northwesterlies.

southerlies dying out and northwesterlies developing.

TOMORROW Cloudy in the morning with patchy

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Showers. Strong SW.

Sunrise 7:33AM Sunset 5:17PM Auckland high 16 overnight low 9 Moonrise 9:15AM Moonset 8:24PM

TOMORROW Rain, clearing in the afternoon. Fresh

about Great Barrier and the Gulf. Cloud thickening by evening and rain becoming widespread overnight. S breezes, but strong SE over the Hauraki Gulf.

15 9

FRIDAY

16 10

TODAY Long fine spells at first but a few showers

night. Light winds.

WAS WA W AS

1159 59

$ AS096-106 AAS S09 S0 0096966-10 106

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7799 99

17 8

Showers Showers developing during turning to rain. southerlies dying out and northwesterlies developing. the morning. Strong gusty Strong gusty W. northwesterlies. 18 12

THURSDAY

TOMORROW Rain, clearing in the afternoon. Fresh

M Magnificent agnifi ficcent W Wooden ooden Wildlife W ildlife P Park ark

ELSEWHERE E EL LSE EWH WHE ER R RE E

WAS A

WEDNESDAY

60 plus

Strait 33.0 Cook Wind: N 20kt.

Wellington Wel Well We W eellingt elll ingt iing in ng ngt ngt gtoonn

east and north. Showers becoming widespread at night. Fresh southeasterlies.

TODAY Fine with a frosty start. Cloudy areas at

TOYS T OYS O ON-LINE N-LINE

30 to 59

Sunrise 7:32AM Sunset 5:21PM Whangarei high 17 overnight low 14 Moonrise 9:15AM Moonset 8:27PM

KING COUNTRY

WAS WA W A AS S

6699

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WIND km/h less than 30

2.0

18 12

SWELL m eg: SW 11.0m

1.0

Napier p

TODAY Often cloudy with showers, especially in the

AUCKLAND

3.0

NIL

14 6

WAS A

Gisborne G

2.0

FIVE DAY REGIONAL FORECASTS RECASTS

WWW.PIPSQUEAKS.CO.NZ

SILLY L BARGAINS PER SET E

isolated thunder

ROTORUA/TAUPO

AAS091-21 AS09 AS 099109 1-21 21 21

WAS WA WAS

thunderstorms

NORTHLAND

15 9

1195 95

snow flurries

TODAY Fine spells with morning frosts possible inland, WEDNESDAY

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1199 99

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showers

cloudy

2.0

15 9

OFF

3.0

Rotorua

rain possible at night. Easterly breezes.

TO CL TO C L CLEAR

few showers

fog

TOMORROW Cloudy in the morning with patchy

drizzle

mainly fine

TODAY Cloud thickening during the day and some

INES LINES ELECTED L SE SELECTED

3.5

Tauranga

Hamilton

2.0

NIL

T TH THIS HIS IS MO M MONT MONTH ON NT TH

WAS WA AS

6699

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WAIKATO

50%

Bay of Plenty Wind: SE 15kt, rising to 25kt gusting 35kt in the afternoon. Sea: Slight, becoming rough in the afternoon. Swell: NE rising to 4m. Visibility: Fair in a few showers, turning to poor in evening rain.

2.0

Taupo

AUSTRALIA: Exemption from carbon tax undermines Abbott campaign CANBERRA — Motorists have been saved from a carbon tax impost on petrol in a major concession by the Australian Government. ‘‘Families, tradies, small business people do not have to worry about a petrol price increase,’’ said Prime Minister Julia Gillard. Gillard also confirmed that self-funded retirees holding a commonwealth healthcare card would get the same assistance as pensioners, under a compensation package aimed at limiting the impact of a carbon tax on households. The decision to exempt petrol removes a key plank from Opposition Leader Tony Abbott’s campaign against a carbon tax. ‘‘He’s been trying to persuade Australians that petrol prices will go up, that’s not true,’’ Gillard said. ‘‘Petrol prices will not be touched by carbon pricing.’’ Gillard said the exemption would not be a temporary measure, saying petrol would be ‘‘out now and out for the future’’. A A$25 ($32.54) a tonne carbon tax would

Hauraki Gulf Wind: SE 30kt gusting 40kt, rising to 35kt gusting 45kt in the afternoon. Sea: Rough, becoming very rough in the afternoon. Swell: E rising to 4m. Visibility: Fair in showers, turning to poor in evening rain.

4.0

Tongariro National Park Weather: Fine with a frosty start. Some cloudy areas developing on northern and eastern slopes. Wind at 1500m: NE 30 km/h developing during the morning, gusts 50 km/h in exposed valleys at night. Wind at 3000m: E 30 km/h Freezing level: 2400m.

Govt relents on petrol prices

Ted: Freedom of speech does not guarantee public acceptance, or any legal or moral obligation by retailers to propagate it.

1 2 3 4 5 6 7 8 9 10

negotiating a water pool along the way, all in a time of one minute. Less than a second behind them were Estonian rivals Alar Voogla and Kristi Viltrop. A Lithuanian couple came third. The competition has its roots in the legend of local bandit Herkko Rosvo-Ronkainen who lived in the forest at the end of the 19th century

UP TO

..CO.NZ CO.N NZ

‘

I’m inclined to the oldfashioned view that you need to read a book before you can decide if it’s rubbish.

Political scientist Alan McRobie was the principal political science adviser to the 1993 independent Electoral Referendum Panel.

www. w ww.

Macsyna King has not been found guilty, or even been charged, and that ought to matter T’S DISCONCERTING when you find yourself in the corner with people you’ve seldom (Ian Wishart), if ever (Christine Rankin), agreed with. Especially when there’s an angry and unforgiving 48,000-strong Facebook community (I hesitate to use the incendiary ‘‘mob’’, however apt) on the other side. But, at the risk of becoming the second most hated woman in the country, I will say that when Breaking Silence: The Kahui Case is published next month, I intend to buy it and read it. I, for one, want to hear what the Kahui twins’ mother Macsyna King has to say. Why would I not? Because Macsyna shouldn’t be allowed to profit from her babies’ death? She won’t. Apart from three slices of pizza, says the book’s author and publisher Ian Wishart, she’s getting nothing. Because nobody should profit? Wishart is a former award-winning journalist, who now edits the conspiracy-loving Investigate magazine. I’m not a fan of the magazine or the books he’s written, but to suggest, as some in the media have, that Wishart should have turned his back on the chance to gain some insight into a case that, five years down the track, continues to generate such strong public interest and emotion, is frankly hypocritical. Human frailty and tragedy are our stock in trade in the news media. Telling stories in the hope of illuminating an issue is what we do. I would have done the same thing in his place. Because there’s nothing more to be learned? Mike Hosking might confidently assert, as he did on Close Up last week, that ‘‘I don’t need to read the book — because I know what happened, and what happened is, they’re a bunch of dysfunctional losers and their kids died’’. But I’m inclined to the old-fashioned view that you need to read a book before you can decide if it’s rubbish. There’s a chance we might actually learn something, which I would have thought would be a good thing given our horrifying child abuse statistics.But I’m inclined to the old-fashioned view that you need to read a book before you can decide if it’s rubbish. There’s a chance we might actually learn something,which I would have thought would be a good thing given our horrifying child abuse statistics. I’ve never met Macsyna. I’m not sure I’d like her. But when I look at her photos, at footage of her during her ex-partner Chris Kahui’s trial, the overwhelming impression I have is of a woman in pain. I don’t need to be convinced that she was tragically deficient as a mother, and that her failure to protect her babies makes her at least partly culpable for their deaths. A f I t ll h ’ t i th t

electoral system do they want it applied? Despite the recent statement by the Prime Minister that National ‘‘wouldnot campaign for any position in the referendum’’ Parliament has loaded the options in favour of single-party majoritarian governments. The form of electoral systems is important because they determine who will write all of the other laws that govern the behaviour of a country’s citizens. We need a good understanding of the different options on offer, and their implications for the composition of the Parliament and the formation of governments if we are to cast an informed vote.

4.0 Whangarei

Lake Taupo Wind: Variable 5kt becoming E 10kt in the morning and SE 15kt in the afternoon. Waves: Rising to half a metre. Weather: Cloudy periods developing.

MIDNIGHT TODAY

Bay of Islands Wind: SE 30kt gusting 40kt, rising to 35kt gusting 45kt in the afternoon. Sea: Rough, becoming very rough in the afternoon. Swell: E rising to 4m. Visibility: Fair in showers, turning to poor in afternoon rain.

4.0

Lake Rotorua Wind: Variable 5kt becoming SE 10kt during the morning then rising SE 15kt in the evening. Waves: Up to half a metre. Weather: Cloud increasing and light rain possible at night.

Kevin: With Facebook opposition climbing into the thousands, there is little appetite in the community to read this book.

‘Any [education] programme should give voters plenty of

NOON TODAY

2.0

Manukau and Waitemata Harbours Wind: E 20kt, rising to SE 25kt gusting 35kt in the afternoon. Sea: Moderate, becoming rough in the afternoon. Visibility: Fair in light rain at night.

Greg: People are sheep. There are ones ready to jump on any bandwagon. Fortunately, libraries will be buying copies.

PICTURE / APN

6PM YESTERDAY

Tristan: I was very confused why so many people are against this book. The argument that Ian Wishart is profiting from this is weak at best.

COUNTDOWN: The referendum the National Party committed to in 2008 is just five months away.

For the latest weather information, including Weather Warnings, visit:

THE SITUATION

Samadhi: Whatever way you try to rationalise it, it is an attack on free speech.

‘World’s worst mother’ is entitled to have her say

Tapu Misa

THE WEATHER

Monday, July 4, 2011

A ridge of high pressure retreats to the east as a low becomes more organised to the north. LONG RANGE: Tomorrow, the low north of the country should drift southeastwards just to the east of New Zealand, as a trough moves onto the South Island. On Wednesday a very strong disturbed westerly flow is expected to cover the country. A trough should cross the country on Thursday and Friday preceded by very strong northwesterlies and followed by southwesterlies.

BEST OF THE WEB NZHERALD.CO.NZ

Dennis: The decision to not stock the book was clearly made on commercial grounds, whatever the explanations given. There is no fundamental principle at stake here, no loss of knowledge.

The New Zealand Herald ★ Monday, July 4, 2011

Did I agree to love, honour and . . . carry?

Observations taken at MetService weather stations for the 24 hours to 6PM yesterday. Note: Auckland sunshine readings supplied by NIWA.

ONLY

2EA

B BEAUTIFUL EAUTIFUL B BLINDS LINDS

BY LAHOOD

Offf

d 31 t J l 2011 A

l t d

OLLL ARS S ON ON S SAVE AVE D DOLLARS Y OUR HEATING HEA ATING B ILL YOUR BILL Offf

d 31 t J l 2011

Maximum temperature °C Minimum temperature Grass minimum 10cm soil temp at 6PM 24hr rainfall to 6PM mm Rainfall to date for Jul Average Jul rainfall to date Rainfall to date for 2011 Average rainfall to date

Kaikohe Whangarei 15.0 14.5 11.7 10.4 – 7.4 – 12.7 2.6 3.2 4.2 9.4 16 16 1173.6 890.2 759 711

Auckland 14.6 7.3 5.6 11.1 0.0 0.0 13 803.4 531

Hamilton 12.5 0.2 0.5 9.2 0.0 0.0 12 867.8 583

Tauranga Whakatane 13.8 12.4 8.0 2.4 – – – – 0.0 0.0 0.0 0.0 12 12 1071.8 1210.0 610 574

Rotorua 10.7 1.4 -1.4 – 0.0 0.0 14 1206.6 676

Taupo N Plymouth 8.4 13.1 -3.0 2.0 – -1.5 – – 0.0 0.0 0.0 0.0 11 14 756.2 949.4 510 717

Gisborne 13.0 6.1 2.5 – 0.2 0.6 11 735.7 548

Napier Wellington ChChurch 11.4 11.1 10.8 1.6 4.5 -4.3 – -0.5 -4.8 – 8.6 5.4 0.0 0.0 0.2 0.0 0.4 0.0 8 13 7 708.2 643.8 292.0 428 602 312

Dunedin 10.1 3.2 – – 0.2 0.2 5 455.6 352

pilLars SPS Running on a Single Page Spread (SPS), Pillars can be one to three columns wide.Pillars sit parallel on the far right and far left of the page, with editorial in the centre.

JUNE 12, 2011

HERALD ON SUNDAY

SPORT 79

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nary performance. His first touch saw him swat Tony Underwood, then Carling, before steamrollering over the top of Catt in what became the most memorable stampede since David Attenborough filmed the wildebeest advancing across the Serengeti. The All Black No 11 was unstoppable; securing a hat-trick within half an hour. “I can remember reading Tony Underwood talking in the press before the game,” says Mains. “He said something along the lines that, yes, Jonah had been impressive but that he hadn’t played anyone of note and it would be different when he did. “I showed that to Jonah and something clicked in him. He became more focused than I’d ever seen.”

“I can also remember shoving over Mike Catt. We got stuck into them and I don’t think they enjoyed it much. ” Walter Little It didn’t help Underwood’s cause that he winked at Lomu during the haka or that Bunce and the other senior All Blacks had spent all week goading their own wing about the cockiness of his opposite man. They wanted the

big man to be angry, as they all had seen what Lomu was capable of. “When he was in a mood like that, you just gave him the ball and gave him the ball,” says Bunce. “Everything became about getting the ball into Jonah’s hands and then supporting him.” The game was over as a contest after 30 minutes. England had no clue what had hit them and they were totally destroyed when they trailled 22-3. What really broke their spirit was seeing All Black No 8 Zinzan Brooke casually drop a goal from 40m for no particular reason other than he could. “When that went over,” says Jones, “we could hardly believe it. We felt like we could do anything that day. That

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pilLars DPS With the additional editorial that a Double Page Spread (DPS) offers, Pillars can make an even bigger impact. Choose from Pillars that are one to three columns in width, framing editorial in the centre.

MARKETS

The New Zealand Herald ★ Thursday, June 23, 2011

CONNECT

Fears of tech-wreck 2.0 overstated BETTER VALUE

▲▼ FALLS

ABA AIR ALF AWF AMP ANO ANZ APN ARG ASBPB ASBPA AIA AFI BRM BTU BLT BGR BPL CDN CAV CCC CDI CHA CRP TCL CLA CMO CVT CEN CFG CUE CYT

DEJA VU: The float of LinkedIn, led by chief executive Jeff Weiner (second from right), fuelled talk of another dot-com boom. PICTURE / AP

SURPRISE BID FOR ONLINE VIDEO SERVICE HULU Online video service Hulu is exploring putting itself up for sale after receiving an unsolicited takeover offer, sources said yesterday. The offer was large enough to make Hulu’s board review the deal and consider seeking other potential buyers, said the sources, who spoke on condition of anonymity because the discussions are confidential. They

would not disclose the amount of the offer or the bidder. Hulu has become one of the biggest purveyors of television shows and movies on the internet through its free site and via an US$8-per-month subscription plan that gives users a deeper library of shows from ABC, Fox and NBC. The free site is available on computers, but the subscription plan

allows for viewing over a wide array of internet-connected game consoles and mobile devices. In February, CEO Jason Kilar said Hulu would have 1 million paying customers by the end of the year and generate nearly US$500 million ($615 million) in revenue, up from US$263 million in 2010. He has said the company is profitable. — AP

But well-established tech companies have fallen out of favour. To gauge just how far, consider the priceto-earnings, or P/E, ratio of technology stocks in the bellwether Standard & Poor’s 500 index. The P/E number divides a company’s stock price by its earnings

per share. The higher the P/E, the more likely a stock is overvalued by the market. Based on earnings reported for the past year, the figure for S&P 500 tech stocks is 14.1, the lowest since March 2002. Before the Great Recession started in December 2007, it was 25.4. Before the internet bubble

blew up it was 66.4. Even Google, the internet’s most profitable company, hasn’t been getting any love of late. Though its earnings are still rising at a robust rate, the company’s stock has fallen more than US$100 ($128), or 18 per cent, so far this year. LinkedIn, which runs a site for pro-

fessional networking, triggered talk of another dot-com boom when its shares more than doubled in its stock market debut. LinkedIn was minted with a market value of US$9 billion, the highest for an internet company since Google went public in 2004. Then Pandora Media, an internet radio station, doubled the target price for its IPO because of such intense demand. At the end of its first day of trading last Thursday, Pandora had a market value of US$2.8 billion — more than AOL, which had a market value of more than US$160 billion in early 2000. Pandora stock fell below its IPO price of US$16 in its second day on the market, suggesting investors were having second thoughts about a company that still hasn’t turned a profit despite building an audience of 94 million. In another indication of sobriety, LinkedIn’s stock has lost

1870. It is a step toward the library’s goal of making the bulk of its 14 million books and 1 million periodicals available in digital form by 2020. ‘‘So far we have only been able to digitise quite a small fraction of the global collection,’’ said the library’s chief executive, Lynne Brindley. ‘‘There is a long way to go.’’ The deal marks another step in Google’s effort to make digital copies of

the world’s estimated 130 million books. The company touts the ambitious project as a way to enable anyone with an internet connection to tap into a vast reservoir of knowledge. Google, though, stands to make more money if it can build the world’s biggest digital library. By stockpiling millions of books that can’t be easily found elsewhere, Google gives people another reason to

use its search engine, which now processes about two out of every three queries on the web. Generating more search requests gives Google more opportunities to show ads that bring in revenue each time they are clicked. ‘‘Having richer content means people around the world are searching more for it, and that is good for our business,’’ said Peter Barron, Google’s European spokesman. He declined to

say how much the project would cost, beyond describing it as ‘‘a substantial sum’’. The books will be available on the websites of the British Library and Google Books. Google has scanned more than 15 million books during the past seven years, but has only been able to show snippets of many of them because of copyright restrictions. — AP

more than a quarter of its value since its first day of trading. The caution may be short-lived, though. Online coupon-seller Groupon has filed plans for an IPO that has analysts wondering whether its market value will exceed US$25 billion — even higher than Google on the day it went public. Groupon’s revenue is growing at a much faster rate than Google’s was when it went public. Unlike Google, though, Groupon has been losing money — US$413 million last year. Other anticipated internet IPOs include Zynga, the maker of popular games such as CityVille, and Facebook, which with an audience of more than 500 million users makes it the most likely candidate to turn the current internet fever into delirium. Facebook has already been valued by private investors at US$85 billion. — AP

JPMorgan Chase’s payout less than 1pc of 2010 net income JPMorgan Chase has agreed to pay US$153.6 million ($189 million) to settle civil fraud charges that it misled buyers of complex mortgage investments just as the housing market was collapsing. JP Morgan Securities, a division of the powerful Wall St bank, failed to tell investors that a hedge fund helped select the investment portfolio and then bet that the portfolio would fail, the Securities and Exchange Commission said. Among the investors who lost money were autoworkers for General Motors, a Lutheran financial organisation in Minneapolis and a retirement services company in Topeka, Kansas. The settlement announced yesterday is one of the most significant legal actions targeting Wall Street’s role in the 2008 financial crisis. It comes a year after Goldman Sachs paid US$550 million to settle similar charges. Still, the settlement amounts to less than 1 per cent of the bank’s 2010 net income of US$17.4 billion; it is less than what JPMorgan earns in one week. In its announcement, the SEC said it had also charged Edward Steffelin

with misleading investors. Steffelin headed the team at GSCP, an investment firm that was supposed to have been selecting the portfolio of mortgage securities in the US$1.1 billion deal. The SEC alleged Steffelin knew that hedge fund Magnetar Capital was directly involved in choosing the securities and was seeking a job with Magnetar at the time. Steffelin has not reached a settlement with regulators. His attorney, Alex Lipman, disputed the allegations. He said the SEC was making Steffelin a scapegoat in its case against JPMorgan. As part of the JPMorgan settlement, investors who were harmed will receive all of their money back, the SEC said. JPMorgan also agreed to improve the way it reviews and approves mortgage securities transactions. JPMorgan neither admitted nor denied wrongdoing under the settlement. The bank released a statement saying it lost nearly US$900 million on the investment. It also noted that it reviewed similar mortgage investments and voluntarily paid US$56 million to compensate some investors in those deals. The bank agreed to settle the charges two weeks after Jamie Dimon,

DGL DIL DNZ DPC DOW EBO ECO EWC EUT FCS FIN FPA FPH FBU FCT FRE

Issues traded Volume traded Value traded Last Sale

GEN GFF GMT GPG GLL HLG HNZ HBY HFL HRP HGD HED INP IFT INS JFJ JMO

Qantas chief executive Alan Joyce said yesterday the terms of the agreement were confidential, but the settlement’s profit and loss impact would amount to a A$95 million boost to the Australian airline’s bottom line. He said the settlement marked an

end to the legal proceedings Qantas launched against Rolls-Royce in the Federal Court in December. In November, a Rolls-Royce Trent 900 engine on a Qantas A380 disintegrated shortly after takeoff from Singapore, forcing the plane to make an

WORLD STOCKS >> London

FTSE-100

21 JUNE: 5,775.31

6100

NZX Market Shares

Closing quotes Buy Sell

Abano Healthcare P Air NZ P Allied Farmers 0 AlliedWork Force P AMP N AMP NZOffice Ltd P ANZ N APN News & Media N Argosy P ASB No.2 Pref P ASB Pref P Auckland IntlAirport P Aus Foundation Inv Co N Barramundi P Bathurst Res Ltd Ord 0 BLISTech 0 Briscoe Group P Broken Hill Prospecting 0 Caledonia Inv N Cavalier Corp P Cavotec MSL N CDLInvestments P Charlie’s Group 0 Chatham Rock Phos Ltd 0 City of London InvTst N Claridge Capital Ltd Ord 0 Colonial Motor Co P Comvita P Contact Energy P Cooks Food Grp 0 Cue Energy 0 Cynotech Holdings 0

450 113 1 160 620 84 2825 165 81 74 78.5 225.5 571 70 143 3 140 16 3381 366 278 28 28 10 586 .7 250 170 548 31 .7

459 114 1.1 167 635 85 2850 170 82 75 78.9 227 600 71 159 4.7 150 24 3448 369 285 29 29 14.9 600 1.1 254 175 551 33 3

450 114 1 165 620 84 2850 170 81 75 78.9 226 578 71 140 4.7 135 18 3381 365 280 28 29 14.9 585 .7 250 175 551 11 33 .7

-7 +2 +.1 +10 -1 +52 -3 +1 +1.9 +1.5 +8 +1 +11 +2 +1 +5 -6 -.8

P/E Ratio

Share Code NZF NZX OGC OIC OMG PBG PEB PPP PGW PHB PRC POT PPG PFI PLU PPL PGC

1000s Sold

52-week High Low

CPS

8.146 625.963 1313.169 100.793 1287.048 492.221 48.588 1234.415 58 24.5 2045.213 23.656 19 2.475 5.055 11.872 39.049 1389.076 20

550.4 154 6.9 185 778 86 3430 266 86 78.5 83 234 665 85 174 12 152 29 3950 400 340 32 32 18 645 2 265 234 629.1 11 60 3.5

430 101 .8 78 610 69 2520 170 66 66 69.9 185 567 65 74 3 111 15 3280 233 240 26 7.7 10 510 .2 212 135 544.4 11 30 .7

30 10 14.57 39.67 6.62 182.01 15.9 7.19 4.68 4.77 12.07 26.82 7.92 12.86 22.94 25.71 4 1.71 27.72 22.86 4.29 35.16 -

1.64 1.20 .94 .96 1.29 .71 .93 1.00 .37 .87 1.97 1.13 13.27 .94 5.37 .97 1.11 .58 .99 -

6.67 8.77 9.91 8.83 13.48 6.40 16.56 7.88 6.39 16.23 9.35 8.26 8.88 16.36 6.24 24.49 6.04 23.72 5.34 71.34 4.64 24.76 11.15 4.85 9.52 13.25 .68 11.1 7.05 21.69 1.43 13.05 6.12 23.99 - 54.51 4.74 19.09 9.14 2.45 101.04 6.38 22.58 - 11.45 -

Delegat’s Group P Diligent 0 DNZProp Fund P Dorchester Pacific 0 Downer EDI N EBOS Group P Ecoya Limited 0 EnergyWorld Corp 0 European InvTst 0 F&C Global N Finzsoft Solutions N Fisher&PaykelAppliance 0 Fisher&Paykel Healthcre P Fletcher Building P Foreign & Colonial N Freightways P

206 102 130 10.6 705 76 1170 1125 33 61.5 286 856 612 334

215 103 131 12 719 80 1235 1200 51 62 287 857 619 335

206 102 130 10.2 705 80 63 1170 1160 33 61.5 286 856 612 335

-9 6.525 230 22.312 130 - 823.251 135 15 +5 13.202 780 - 100 - 304.405 63 -30 .4 1205 - 1250 33 - 338.679 65 -11 391.689 334 +6 1790.392 953 +2 3.2 675 -13 197.327 354

145 55 99 8 600 65 63 1002 900 30 50 274 716 549 262

11.43 6.46 20.39 72.86 10.42 2 17.44 34.21 14.33 20.36

.27 1.22 .04 3.28 .82 1.51 6.51 1.12

5.55 94.84 - 31.97 4.97 .87 10.33 11.36 - 17.73 - 23.39 .90 6.06 5.02 - 13.28 6.10 28.18 4.00 18.33 2.34 6.57 6.08 21

Genesis R&D Corp 0 Goodman Fielder N Goodman PropTst N Guinness Peat Group 0 GuocoLeisure N Hallenstein Glasson P HeartlandNZLTD ords 0 Hellaby Holdings P Henderson Far East N HendersonTR N Heritage Gold NZ 0 Horizon Energy P Independent News 0 Infratil P Insured Group 0 JPMorganJapan 0 JPMorgan Overseas N

133 96 78.5 64 352 72 225 600 358 1.7 450 179 320 1725

5.9 135 97 79 67 353 73 235 645 361 2.1 181 .1 340 1733

4.9 133 96 78.5 64 352 72 225 625 361 1.5 375 179 .1 320 1733

7 -3 107.413 200 -1 675.533 101 +.5 3832.061 86 .5 84 +2 93.444 462 -2 373.386 95 +2 9.188 250 -5 .9 730 -14 2.5 440 3.8 - 406 -1 455.389 202 .3 - 390 +8 2.16 1920

2 125 90 61 50 350 67 133.5 625 350 1.5 325 158 .1 318 1566

14.3 7.74 1.54 44.29 12.86 30.27 6.51 24.29 9.64 26.62

1.11 .54 3.38 .98 2.63 3.12 13.34 1.39 1.60 14.66

Kathmandu P Kermadec N Kingfish P Kirkcaldie & Stains P Kiwi Income P L&M Energy 0 Lyttelton Port P Mainfreight P Marlin Global P Mercer Group 0 Methven P Metlifecare 0 Michael Hill Intl N Millennium & Copthorne P Mowbray Collectables P

221 61 100 255 103 13.5 200 1010 95 6 145 216 91 44 -

229 63 101 256 103.5 13.9 219 1018 96 8 151 223 92 46 73

219 62 100 256 103 13.9 220 1010 95 5.5 145 216 91 44 75

-.1 +1 -10 -2 -2 -

153 43 83 240 90 10.5 210 610 82 5 135 186 65 39 70

14.29 4 9.92 11.43 7.88 4.14 27.14 7.37 12.96 4 1.71 2.14

1.56 1.23 1.37 .77 .71 1.84 -

Move

Dividend t/c

Yld%

KMD KPF KFL KRK KIP LME LPC MFT MLN MGL MVN MET MHI MCK MOW

3 MONTHS

RESOLUTION: The bank neither admitted nor denied fault in the settlement with investors. PICTURE / AP

emergency landing. The Australian Transport Safety Bureau’s interim report on the A380 incident said a manufacturing defect in an oil pipe within one of the engines led to an oil leak, which sparked a fire. The fire caused a disintegration of

one of the engine’s giant turbine discs, sending pieces of it shooting through the plane’s wing. The engine explosion was the most significant safety issue the A380 had faced since it began passenger flights in 2007. — AP

21 June Trading, In Pence 3i Group 272.9 Aberdeen New D 827.75 Alliance Trust 370.45 Amec 1109.04 Anglo American 2915 Antofagasta 1228.90 Assoc.br.foods 1060.04 Astrazeneca 3031.09 Aviva 427.7 B Sky B 829.03 Barclays 265.85 BG Group 1346 BHP Billiton 2303.76 Bankers Inv Trus 415.4 BP 446.07 Br Land Co 584 Brit Am Tobacc 2667.28 BT Group 198.6 Bunzl 751.11 Capita Group 742.52 Carnival 2265.19 Centrica 321.6 Compass Group 590.38 Daily Mail Tst 441.91 De La Rue Plc 750.5 Diageo 1265.05 Enterprise Inn 66.22 For Col Inv Tr 308.3 GKN 207.83 Glaxosmithklin 1275 Guiness Peat G 39.25 Hammerson 471.39 HSBC Holdings 609 Iag 241.62 Imperial Tobacco 2000.92 Inchcape 395.39 Independent Ne 0.51 Intercont Hote 1197 International Power 310.54 Invensys 309.3 ITV 66.97 Johnson Matthe 1963.74 Kingfisher 265.13 Land Secs Grou 854 Legal & Genera 113.74 Lloyds Bnk Grp 47.31 Man Group 226.84 Marks & Spencer 365.01 Monks Inv Trus 342.5

Morrison Supmk Next Nthn.foods Old Mutual Pearson Prudential Rank Group Reckit Bncsr G Reed Elsevier Rentokil Initi Rexam Plc Rio Tinto Rit Capital Rolls Royce Pl Royal Bank Sco Royal Dtch Shl Royal Dtch Shl Rsa Insrance G Sabmiller Sage Group Sainsbury Schroder Asiap Schroders Nv Schroders Scot & Sth Enr Serco Group Severn Trent Shire Smith & Nephew Smiths Group Stagecoach Standrd Chart Tate & Lyle Templeton Emer Tesco Unilever United Util Gr Vodafone Group Whitbread William Hill Wolseley Wpp Plc Xstrata Yell Group

10.75 8.06 2.41 12.58 5.71 4.84 1.80 6.48 5.39 1.54

8.38 23.17 14.84 12.24 11.56 9.49 6.62 4.15 15.89 16.58 50 4.44

296.77 2256.57 0 127.62 1134.44 711.74 151 3348.83 538.10 95.00 370.04 4218 1304 597.76 38.54 2158.5 2168.5 131.55 2110.22 281.29 322.61 214 1260.69 1508.06 1381.81 564.52 1443 1844.07 649.5 1119.38 244.4 1567.06 641.85 618 403.01 1958.88 593.73 163.14 1580.27 217.53 1964.07 742.59 1285.51 5.68

15.15 8.52 6.33 3.70 3.57 2.94 2.40 1.85 1.85 1.78

Dollars

19,350,313.10 15,349,642.17 13,897,372.74 9,537,148.03 7,723,209.78 5,461,638.53 4,620,923.26 3,005,347.38 2,581,095.77 1,132,020.09

Closing quotes Last 1000s Buy Sell Sale Move Sold 2.4 3.5 3.5 21.5 236 239 239 +3 85.09 319 323 319 +19 37.678 218 221 221 -1 21.988 2 2 80 85 27 28 28 +1 108 17.1 18.1 18.2 25 49 50 49 -1 332.238 50 52 52 62 88 890 892 892 -3 18.393 24 26 24 120 122 122 +1 118.606 37 38 102 105 102 -3 99.584 39 40 39 - 416.568

Share name

Percentage

Methven Rubicon Millennium & Copthorne Delegat’s Group NZ Refining Co Freightways Henderson TR Fisher&Paykel Healthcre Pumpkin Patch HeartlandNZ LTD ords 52-week High Low 21 2 259 139 541 290 240 153 2 2 146 85 32 17 25 17 62 43 55 29 123 85 915 655 37 24 123 110 50 38 205 98 49.7 28.2

6.45 4.54 4.34 4.18 4.10 3.73 3.73 3.70 2.85 2.70

18.21 11 4.26 42.86 8.35 11.43 8

.59 2.02 1.08 .65 1.44 -

P/E Ratio 7.62 31.51 - 12.24 4.98 14.23 5.01 7.79 - 27.86 - 10.08 4.80 27.59 3.1 6.84 26.28 1.62 11.20 8.83 20.50 -

CPS

Dividend t/c

Yld%

RAK RNS RBD RIS RBC RYM SAM SAN SVY SCT SLG SEK SKL SKC SKT SPY SCY SPN SPT STU

Rakon 0 Renaissance 0 Restaurant Brands NZ P RIS Group 0 Rubicon 0 Ryman Healthcare N Salvus Strategic P Sanford P Savoy 0 ScottTechnology P Sealegs 0 Seeka Kiwifruit P Skellerup P Sky City Ent P Sky NetworkTV P Smartpay 0 Smiths City N South Port NZ P Spotless 0 Steel &Tube P

101 16 257 63 269 82 532 .3 145 13.4 220 118 364 568 18.3 33 336 267

103 19.2 261 2 69 270 85 550 .5 150 14.2 235 121 365 570 19.4 36 340 275

101 16 257 5.8 63 269 85 532 .3 147 14.2 235 118 365 568 18.4 36 340 387 266

Tag Pacific 0 TeamTalk P Telecom NZ P Telstra N Templeton N Tenon 0 The Bankers InvTrust N Tourism Holdings P Tower P Transpacific 0 TRS Investments 0 TrustPower P Turners & Growers N TurnersAuctions P Vector P Vital Healthcare P Wakefield Health P Warehouse Group P Wellington Drive 0 Westpac N Widespread 0 Xero 0

12 215 240.5 390 1254 90 825 68 155 721 171 133 256 117 520 346 1.3 2801 13 217

220 241.5 395 1259 93 830 70 158 .1 725 175 137 257 118 550 349 1.5 2815 15 220

12 220 241 395 1254 88 828 68 155 865 .1 721 177 137 256 118 550 348 1.3 2801 12 220

-1 82.291 53.881 -3 9.514 +3 245.092 +2 9.988 .075 9.5 -2 27.7 - 1499.126 +5 453.18 -1.6 16.196 30 +4 1 8.395

133 40 285 6 135 284 85 565 .8 160 26 315 136 379 590 37 40 340 280

86 14 225 5.8 63 196 69 386 .2 105 14 215 63 279 462 18 29 252 200

24.29 7.2 3.57 32.86 8.57 31.43 6.43 24.64 21.43 2 25.71 15.71

1.46 2.78 .12 1.77 2.31 2.03 2.16 .98 1.95 1.34 .91 1.15

- 21.75 9.45 10.32 2.68 13.43 4.20 276.87 6.18 13.07 5.83 10.62 13.37 5.27 5.45 12.16 6.75 21.6 3.77 19.45 5.56 13.47 7.56 20.79 5.91 20.97

18 2.25 230 -.5 8041.334 254.5 +3 222.306 421 -6 8.095 1445 -2 .766 129 +3 4.7 920 - 20.799 95 -1 290.381 209 .2 -3 11.673 765 .146 181 - 150 +6 175.68 267 - 189.651 125.6 - 690 -4 141.377 405 7.1 +26 340.322 3455 21 +4 9.689 316

12 195 178 324 1155 85 750 55 155 .1 712 134 125 202 102 503 330 1 2512 11.5 139

28.57 21 36.54 4.25 25.96 2.86 14.29 50.79 6 24.29 20.36 8.55 21.43 41.43 197.23 -

.96 .96 .94 50.31 5.16 .98 1.62 .91 .75 .65 .80 2.09 .27 1.25 1.71 -

12.99 11.46 8.71 15.29 9.25 11.49 .34 5.86 - 29.43 3.13 6.18 4.20 34.59 9.22 9.57 126 7.04 20.23 3.39 39.51 17.73 12.39 7.95 22.57 7.25 7.14 3.90 133.85 11.90 9.62 7.04 8.33 .92 -

100 119.5 202 450 317 79

3.66 9.6 6.03 -

5.78 4.51 -

T-Z TPC TTK TEL TLS TEM TEN BIT THL TWR TPI TRS TPW TUR TUA VCT VHP WFD WHS WDT WBC WID XRO

EXCHANGE TRADED FUNDS WIN FNZ MDZ MZY OZY TNZ

AMP InvstWorld P SmartFONZ 0 SmartMIDZ 0 SmartMOZY P SmartOZZY P SmartTENZ 0

104.1 132.5 221.6 557 361 91.1

105.8 133.1 223 562 365 91.9

105 132.5 223 564 361 91.3

-.5 +1 -

- 119.4 48.579 136.3 - 235 .027 610 6.754 404.4 - 95.1

3.48 1.70 1.67 -

25.45 91.43 14.53 18.97 14.5

NZAX MARKET 5 101 67.167 5.9 858.631 204.5 72.576 45 105 5.615 195.5 1 -

264 65 108 275 107 18 250 1019 102 12.9 190 235 94 47 100

6.52 14.03 6.45 9.92 9.37 4.46 7.65 1.88 2.69 38.68 7.76 18.72 8.94 20.34 - 5.07 4.40 12.38 3.90 2.86 -

New Image P Northland Port P NPTLtd Ord Shares N Nuplex Industries N NZExperience P NZFarming Systems 0 NZOil & Gas N NZRefining Co P NZWindfarms 0

25 164 52 308 35 69 87 316 15.1

26 167 53 309 44 72 89 357 16

25 164 53 308 38 70 87 350 15.1

17 -4 308.665 +5 10 -1 476.343 -15 27.16 - 18.333

38 175 56 377 42 73 139 520 26

18 155 49 277 30 39 80 290 15

2.14 7.86 4.55 21 3.57 5 17.14 -

1.56 1.50 2.14 1.72 -

8.57 4.79 8.59 6.82 9.40 5.75 4.90 -

10.67 9.8 7.12 17 -

NZDX MARKET

Percentage

Q-S

ATM A2 Corp 0

NZX Market Bonds

AIA050 APM010 BLU020 CBAFA CEN010 CASHA FCGHA GFN020 IFT090 OCFHA PIN020 PWC080 RBOHA WKS010 WKS020

Auckland IntlAirport Ltd APN Media Blue Star Group CBACapitalAustralia Contact Energy CreditAgrico Notes Fonterra Capital Notes GPG Finance plc Infratil Infrastructure Bonds Origin Energy Pref Prime Infr Networks Powerco Rabobank Preference Shares Works Finance (NZ) Works Finance (NZ)

16.5

- 580.65

GFL GFNZGrp Ltd Ord 0

2.2

3.5

2.2

1.6

GEL Glass Earth Gold 0

BFW Burger FuelWorldwide 0 FMG Forge Media Group 0

14 40

15 45

4.652

1.2

1.43

2.45

4.76

12.27

7.5

-1

9.22

345

368

290

33.52

1.92

9.86

LIC Livestock Improvement P

349

340

NWF NZWindfarms 0

15.1

132

143

WSI NZWool P RIS RIS Group 0 SAT Satara Co-op 0 SDL Solution Dynamics 0 STH SouthernTravel 0

.9 20

NWC NZWine Company 0

IRG Investment Research 0 JTM JasonsTravel Media P JWI JustWater 0

N-P NEW NTH NPT NPX NZE NZS NZO NZR NWF

NZX Market Shares NZFGroup 0 NZXLimited P OceanaGold 0 Opus Intl P Orion Minerals 0 Pacific Brands N Pacific Edge 0 Pan Pacific Petroleum 0 PGGWrightson 0 Pharmacybrands 0 Pike River Coal 0 Port ofTauranga P Postie Plus 0 Prop For Industry P Pulse Utilities NZ 0 Pumpkin Patch P Pyne Gould P

Share name

NZ Experience Bathurst Res Ltd Ord OceanaGold Pacific Edge Charlie’s Group Comvita Vector ANZ Xero Air NZ

BIGGEST 10 FALLS

Share name

Telecom NZ Fletcher Building ANZ Westpac 158 Market cap 52.22b P/E top 10 (by value) 23.617 Contact Energy Sky City Ent 40.93m Div yield top 10 (by value) 5.448 P/E except mining 10.831 Auckland Intl Airport Guinness Peat Group 106.72m Div yield ex mining 2.2826 Sky Network TV Data provided by NZ Exchange at 5.30pm yesterday. Rises and falls exclude shares under 20 cents. Fisher&Paykel Healthcre

K-M

5600

8,041,334 3,832,061 2,045,213 1,790,392 1,499,126 1,389,076 1,313,169 1,287,048 1,234,415 858,631

TOP 10 VALUE

G-J

BIG READ: Internet users will be able to access 250,000 historic texts from the British Library’s collection. PICTURE / AP

5850

chief executive of JPMorgan Chase complained to Federal Reserve chairman Ben Bernanke that new regulations designed to prevent another financial crisis were too burdensome. Regulators have been investigating a number of major banks’ actions ahead of the financial crisis. More charges are expected. SEC enforcement chief Robert Khuzami said the JPMorgan case, at its core, is about getting investors truthful information about investment options. ‘‘The appropriate disclosures would have been to inform investors that an entity with economic interests adverse to their own was involved in selecting the portfolio,’’ he said. Magnetar essentially made a US$600 million bet that the investments would fail once the deal closed in May 2007, the SEC said. Just one month earlier, JPMorgan had launched a ‘‘frantic global sales effort’’ going beyond its traditional customers to sell mortgage securities, according to the agency’s suit. Magnetar wasn’t charged in this action, Khuzami said, because the company ‘‘was not responsible for those disclosures to investors’’. But he said such deals ‘‘remain a high priority for the SEC.’’ — AP

Qantas, Rolls-Royce reach settlement over engine disintegration Qantas says it has reached an A$95 million ($123 million) settlement with engine maker Rolls-Royce over last year’s mid-air disintegration of a superjumbo engine. This temporarily forced the grounding of Qantas’ entire fleet of A380s.

2500

D-F

MARKETS

Bank forks out $189m to settle fraud case by Macy Gordon in Washington

3125

3450

A-C

British Library in digital deal with Google A treatise on a stuffed hippopotamus, an 18th-century English primer for Danish sailors and a description of the first engine-driven submarine are among 250,000 books to be made available online in a deal between Google and the British Library. The agreement, announced on Tuesday, will let internet users read, search, download and copy thousands of texts published between 1700 and

RISES

Share Code

3750

3505 3477.5

Jun 11

3,457.46

Mar 11

price to earnings ratio before internet bubble burst in 2000

BIGGEST 10 RISES

Share name

Telecom NZ Guinness Peat Group Auckland Intl Airport Fletcher Building Sky City Ent Contact Energy Allied Farmers AMP NZ Office Ltd Argosy Kiwi Income

Dec 10

66.4

4375

Jun 10

25.4

price to earnings ratio in 2007

5000

bailout money and avoid generating more financial turmoil. Shares in Qantas Airways lifted 0.5c to A$1.83 after the airline group flagged a before tax profit of at least half a billion dollars in 2010/11. Global miner BHP Billiton rose 46c to A$42.46 and Rio Tinto climbed A$1.15 to A$79.79. Aquila Resources fell 4c to A$7.31

Wednesday, Jun 22, 2011 TOP 10 TURNOVER

LAST 12 MONTHS

LAST FOUR WEEKS 3560 3532.5

Sep 10

▼ -2.10

Jun 16

NZX50

Jun 22

price to earnings ratio for tech stocks in past year

Jun 1

It’s starting to feel like a 1999 flashback. Internet companies — some of them profitable, some not — sense a golden opportunity and are lining up to go public this year. But here’s something to keep in mind as the latest case of internet fever grips Wall St: It’s still nowhere close to the giddy days of the dot-com boom. Technology stocks today are the cheapest in more than nine years, at least judging by one benchmark for appraising companies. This year could yield the most initial public offerings of technology stocks since 2000. But the venture capitalists who bankroll high-tech startups aren’t pouring money into the internet like they once did. And even rapidly growing internet companies LinkedIn and Pandora Media have lost some of their lustre after going public in recent weeks. All those factors signal that cooler heads are prevailing, especially with the global economy on shaky ground. So far this year 28 of the 74 IPOs completed in the United States have been by technology companies, according to IPO investment advisory firm Renaissance Capital. If, as expected, another 31 tech IPOs are completed by the end this year it will be the most from the sector since 2000. The growing enthusiasm for internet services reflects how far the internet has come since the dot-com boom. About 2 billion people worldwide have web access now, about eight times as many as in 2000. High-speed internet connections have become common, turning the web into an entertainment centre as well as an information hub. And mobile devices have made it possible to stay connected from almost anywhere at any time. ‘‘I don’t see a bubble,’’ said venture capitalist Marc Andreessen, best known as founder of the pioneering web browser Netscape. Andreessen has investments scattered all over the internet, mostly in companies that are steadily increasing their revenue. Some of them are even profitable, virtually unheard of during the 1990s. That’s why he thinks it’s logical for more money to be flowing into one of the most promising parts of the US economy. ‘‘I think people are confusing success with a bubble,’’ Andreessen said. ‘‘Maybe stuff is just working.’’

NEW ZEALAND SHARE MARKET AT A GLANCE

14.1

by Michael Liedtke in San Francisco

gains for the fourth day. The Dow Jones industrial average rose 0.9 per cent to 12,190.01 at the close, the Standard & Poor’s 500 Index gained 1.3 per cent to 1295.52, and the Nasdaq Composite Index climbed 2.2 per cent to 2687.26. The Australian sharemarket closed higher on on investor optimism that debt-burdened Greece will access more

edged up 0.5c to $2.42. The Warehouse lost 4c to $3.48, Sky TV lifted 5c to $5.68, Ryman Healthcare was up 3c to $2.69, and Air New Zealand added 2c to $1.14. TrustPower finished down 3c at $7.21, and Fisher & Paykel Healthcare lost 11c to $2.86, while Abano Healthcare fell 7c to $4.50. In the United States, stocks posted

By comparison, Australia’s ASX 200 index gained 24.4 points yesterday to finish at 4532.6, adding to a 56.5 point gain on Tuesday. A total of 34 million shares were traded on the NZX, valued at $99.9 million. Among the major stocks, Fletcher Building gained 6c to $8.56, Contact Energy fell 6c to $5.51, and Telecom

The New Zealand sharemarket scaled giddy heights in early trading yesterday, but slumped just as rapidly during the afternoon, with the NZX-50 finishing down 2.10 points (0.06 per cent) at 3457.46. It was the fifth successive drop for the NZX-50, which during the day jumped 20 points from its close on Tuesday.

Jun 9

It may feel like 1999 but investors aren’t pouring in money like they once did

The New Zealand Herald ★ Thursday, June 23, 2011

Roller-coaster ride ends down for 5th day

May 25

1.05

18.333

132

.619

5.8

100

20 9

7.81

4.29

2.34

7.94

7.68

36.7

117.9

WEL Wool Equities 0

17.4

24.92

ZIN Zintel 0

15 125

WTL WindflowTech 0

SGL Speirs 0

7.55

26 170

WARRANTS Coupon rate %

Maturity date

6.83% 7.86% 13.1% 4.19% 8.00% 5.30% 9.0% 8.5% 4.95% 0.00% 6.59% 4.211% 9.80% 9.65%

29/07/11 15/03/16 15/09/2012 15/04/15 15/05/14 15/12/13 15/02/20 30/11/2012 28/09/2012 15/06/12 15/09/12

Closing quotes Buy% Sell% 170.00 92.70 5.20 83.00 85.00 7.90 8.45 65.80 10.00 83.00 24.00 6.29

8.06 155.00 93.00 5.00 83.49 86.00 7.70 66.00 9.00 84.00 23.50 -

Last sale

1000s Price/$100 Share Sold face value (¢) Code

3.20 8.06 170.00 35 93.00 489.796 5.00 110 83.00 281 85.00 7.70 8.45 65.80 49.2 10.00 26 4.57 84.00 174 24.00 25 6.25 29

9947.56 2740.01 9300 10894.01 8349 8600 10318.71 6600 10065.15 8400 8875.64 -

BRMWB CYTWA ECOWB ECOWA IFTWC KFLWB WIDWA

NZX Market Warrants

BRMWarrants CYTWarrants EcoyaWarrants EcoyaWarrants IFTWarrants KingfishWarrants WIDWarrants

Closing quotes Buy Sell .3 7 5.5 -

1 1 15 2 .2 5.9 1

Last 1000s 52-week Sale Move Sold High Low .4 .1 5.5 1 .2 5.5 1

+.1 50 - 172.89 -

9.2 15 7 2.5 9.9 1

.3 3 1 .2 3.4 .8

Maturity Date 27/10/11 27/06/11 15/06/13 15/12/11 29/06/12 03/09/12 30/06/12

Exercise Price $0.75 $0.30 $1.00 $1.00 $4.12 $0.95 $3.00

CONVERTIBLE SECURITIES Share NZX Market Code notes KIPGC Kiwi Inc PropTrust Conv

Closing quotes Buy Sell 1.07 1.08

Last 1000s Interest Maturity Conversion Sale Sold c/unit Date terms 1.07 6741 n/a n/a -

Key: i= paysafullyimputeddividend;p= partiallyimputeddividend;n=unimputeddividend Disclaimer: All parties have endeavoured to ensure the accuracy of the information contained herein is correct. Neither this newspaper nor NZPA, related companies nor any of their respective employees or agents make any representation as to its accuracy or reliability nor will they, to the extent permitted by law, be liable for any loss arising in any way from, or in connection with, errors or omissions in any information provided (including responsibility to any person by reason of negligence). Please note: All products and services subject to change without notice.

Yld% on interest -

as relations with Brazilian resources giant Vale continued to deteriorate, with the parties battling in the courts over their joint ventures. Among the major banks, the Commonwealth lifted 35c to A$50.61, Westpac improved 9c to A$21.52, ANZ advanced 17c to A$21.72, and National Australia Bank stepped forward 4c to A$24.68. — NZPA, AAP

Fairfax sends jobs to India Fairfax Media is looking to lay off up to 45 staff by outsourcing their jobs to India, and to also close its printing site at Blenheim, where it publishes the Marlborough Express. ‘‘The company is considering outsourcing routine advertising make-up across its newspaper sites nationally,’’ said Fairfax NZ chief executive Allen Williams. The Engineering, Printing and Manufacturing Union said 45 jobs would be lost throughout the country, with 10 new ‘‘production co-ordinator’’ positions created in New Zealand, to manage the compilation of newspaper ads by a creative advertising studio in India. The union said the workers whose jobs were at risk made up straightforward or day-to-day ads, often from templates, for papers owned by Fairfax Media. Williams said a core design team at each of the current production hubs could lead to improvement in customer services and revenue generation. ‘‘Significant potential efficiencies have been identified.’’ The company was also considering closing its Blenheim printing by moving the work to Nelson. ‘‘There are gains to be made with improved quality and colour at the Nelson plant as part of this move,’’ Williams said. The workers likely to be laid off would be consulted over the next few days. Williams said the strategy was to save money on production and printing processes and to reinvest in the parts of Fairfax that would determine the future success of the company: premium journalism and content for print, online, and mobile platforms. EPMU senior national industry officer Paul Tolich said it was ‘‘extremely disappointing’’ Fairfax had chosen to export highly-skilled jobs. The company cut 82 jobs in May by contracting subediting on its major metro newspapers in Sydney and Melbourne to Pagemasters. — NZPA

Transfield wins again Australian firm Transfield Services has nabbed its second engineering deal in the Government’s ultra-fast broadband scheme and yesterday announced a $202-million partnership with WEL Networks. Transfield will work with UltraFast Fibre, a subsidiary of WEL, to build and maintain a fibre internet network in the central North Island over the next 10 years, starting next month. In December, WEL won the Government tender to lay fibre for 430,000 residents in Hamilton, Cambridge, Te Awamutu, Tauranga, Tokoroa, New Plymouth, Hawera and Wanganui. Transfield won a $260-million partnership with Christchurch’s Enable Network earlier this month. Last week, Transfield announced a five-year contract to supply facilities management to Meridian Energy. — Hamish Fletcher

Fairfax sends jobs to India NEWTON

AUCKLAND

Character Spaceis looking to lay Idealoff Corner Space Fairfax Media up to 45 staff by Ground floor approx 76m² - Suit Creatives outsourcing their jobs to India,•quality and to also close its print- 195m² office or live work space • Two securethe car Marlborough parks ing site atMurray-Brown Blenheim, where it publishes Marianne • Air conditioned and fully M 021 803 072 Express. carpeted B 309 6020 ‘‘The company is considering routine BAYLEYS REAL ESTATE LTD, Nicolasoutsourcing Ching LICENSED UNDER THE REA ACT M 021 890 advertising make-up across its396 newspaper sites 2008 BAYLEYS REAL ESTATE LTD, UNDER THE REA ACT nationally,’’ said Fairfax NZLICENSED chief executive Allen 2008 Williams. The Engineering, Printing and Manufacturing Union said 45 jobs would be lost throughout the country, with 10 new ‘‘production co-ordinator’’ positions created in New Zealand, to manage the compilation of newspaper ads by a creative advertising studio in India. The union said the workers whose jobs were at risk made up straightforward or day-to-day ads, often from templates, for papers owned by Fairfax Media. Williams said a core design team at each of the current production hubs could lead to improvement in customer services and revenue generation. ‘‘Significant potential efficiencies have been identified.’’ The company was also considering closing its Blenheim printing by moving the work to Nelson. ‘‘There are gains to be made with improved quality and colour at the Nelson plant as part of this move,’’ Williams said. The workers likely to be laid off would be consulted over the next few days. Williams said the strategy was to save money on production and printing processes and to reinvest in the parts of Fairfax that would determine the future success of the company: premium journalism and content for print, online, and mobile platforms. EPMU senior national industry officer Paul Tolich said it was ‘‘extremely disappointing’’ Fairfax had chosen to export highly-skilled jobs. The company cut 82 jobs in May by contracting subediting on its major metro newspapers in Sydney and Melbourne to Pagemasters. — NZPA

sequence buy Sequentially-placed advertisements of the same size and shape can be used like frames of a movie or comic to tell a story, or like clues to build anticipation and curiosity until readers reach the end of the sequence.

MAY 15, 2011

HERALD ON SUNDAY

NEWS 31

MONTH 2008 MAY 15,XX, 2011

Mum’s hate for predator

Costlyslice slice World Costly ofof World CupC Eden Park’s neighbouring cafes face hefty fees to stay open during game.

Businesses pay big for a pizza the action North Western Mw

Kingsland

Morningside Dr

r nin

gsid e

Sand ringh am Rd

500m

JANNA DIXON

View Rd

MT EDEN

Eden Park

LATE: Gail Hunter.

$1 To tra

Crave

Valley Rd

Papa’s Pizza

Domi nion Rd

F F

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KINGSLAND

By Kieran Nash

restricted parking zone

Temp licenc

Facebook personas created web of deception, causing pain and even death.

Minim conse

alis sum bea volupid elitatque nulpaut be tage Audis of the crowds for Eden $10,000 Rctemporum plus. That’s nonetus, about cannot enihicitem am que rerspellut rum voluptio et re nonsequas labo. Saecus verio. Eceperio The M Park’s games. $1000 per game,’’ she said. que 11 nones aut labore nonseni exeriores eum seque intiber et post platendus sit, ommos ‘‘We’re only ‘‘Howcorem muchvit do aut theyut expect hicium apit asking labor for auta temasimili umquaspit eum et quis aliquam ut delesDevelopm esporary licence,’’ from us? We’re only small, we’re utAct. cipienis ullantshe autsaid. por‘‘Why rem in- hiliciis viduciaepe s. temporum simporestis aut Min docia wevere havevellut to paydoluptatis such hugecon not bigreium business.’’ fuga. Ut undam labo.Robert Re Luptas delendes idis maion going to b fees if we have no choice?’’ Cafe aut manager eum. voles Nigel commodite restion sequamu scimusanitaCrave Ror Gail Winter To esse sawas sequi con rehent Legislation brought in said the cost was toovoluptatiora high Auckland occusto qui tem re nis es ex eosam, Cottle et accatur, quiae elestibus elia ex et paofvoloratureic tem last year laborectem to speed up the processdo- idemo berferae venim re comnto take advantage the thou- frequenti lupta nonest, solorat inpast conet vereper uptaturia financiall for businesses wantingiunture to Inimi, addition, those wantingquatque to sandsipsumquature of people walking his maxihendis extheir eatur andi nonsec-change mintis et aut excestrum qui sequod change operating theirquam. liquor licence tem- cafe from the ut Morningside train cost.’’ tur? Quis estia iur? Rorio moloblameni rehenitis. im eum Eden-A conditions for the Cup. porarilyEsite have reperum to apply under station. ‘‘It’s too expensive for rumque dolent quis ma volupta rerspit, voluptius, nonse voEstiati initatiam la dolum, Christine To circumvent the volorerum lengthy Part 5 of the Act, which costs us.’’ nos aut lam fugiti tem haritis simust, offici qui loreperum verumqu atemodisbe a very p council resource consent pro- $2800. licensing aturemque volorecta netus. aut ut Council andam et optatem poricium derro que corum a voloreAuckland cess, Erum businesses have to apply saidvoluptatur? that was a huge and tam compliance manager quasperror soluptu Winter que molupidestis aut didn’t eum sup eat fugiae during th under Part 3ovitias of the Rugby payquasper up front for a Carole Todd agreed costs to remporr ilitiusWorld andaes-amountEdtoqui fugit rehen. cimagnatur trum exercim eturepr orupta‘‘The s Cup 2011 (Empowering) Act small since quos applicants for Part 3 approvals Ome volore perovit lacepre business, volor sit especially am volorescia tur, to cum vent opening eveliquist, sequethe ad tatem high’’. ut ut denecero ommolore ma pewould conempo World Cu 2010 change hours. changes only repernam take were ‘‘fairly consendendi as costs nitio te nobisplace solut alique num que re net unduntiusam enet‘‘However reflected The application from onersped game nights. these charges aresam nus asperesedi escia in cusregulations nieniae expliquamet re, could sitatia nitibus lab iumquo $7500 to $10,000. co. ‘‘It end upetcosting set down and businesse

‘‘Why do we have to pay such huge fees if we have no choice?’’

Sequ aeritium harumqui-

RAEWYN FORD

DECEIVED: Peter Russell took his life after falling for Facebook persona Laura Jane West, whose online picture was the one above.

icia quatemporum volliat iorepero tenimi, cus, ute occaborro minvelest pel et res quia videro ilit veri optas expernat dolut maionse ctatenihil mod. Quossit inisqui strunte repella parum fuga. Pelluptaquam hicid quiassit et, audaeceri coria dolumet int arcipsum aut quiae premole sciisitiorum dis nis aligni ad molenih illandit exerumquati simolorunt. Alique natur sum rerore nullo excearum expligenimos

haria voluptam anderem periat

omnihit veni.

The party planner to Tinseltown’s big stars

icia quatemporum volBy Joanne Carroll tenimi, cus, liat iorepero ute occaborro minvelest pel et resROBBIE quia videro veri CLAIRE used ilit to front optas expernat dolut gritty news reports onmaionse TV3. But ctatenihil mod quossit in Los Angeles, she hasinisqui carved strunte repella parum fuga. out a niche as party planner to Pelluptaquam hicid quiassit the stars. et, audaeceri coria dolumet int The New Zealander was arcipsum aut quiae premole responsible for sciisitiorum disorganising nis aligni Vicad toria Beckham’s pink-themed molenih illandit exerumquati baby shower, attended by famsimolorunt. ousAlique guestsnatur including Demi sum rerore nullo excearum expligenimos Moore, Nicole Richie, Selma auda dolesciatio bea dolorum Blair and Eva Longoria. acidestem cusindoluptibus Robbie isquo living Hollywood el il ether quiahusband quiae volupti dipwith Dominic sanist occus ipsusaepe porupBowden, who is TVNZ’s Los ta prori ommolest. Angeles Porumcorrespondent dolo eatur and sitinis working que withporehenim Simon Cowell erferest, abo. behind the scenes on hit show Itatur aspisto conemporis doThe X-Factor. lupic tectibus essimol uptate volessi res voluptati ut ditibus But Robbie was behind the am, acientis cum more fugia glamornonsescenes at an even quam doluptatis audande ndit. ous occasion. Busamplanned quiaeceatisand et reped She cominctat ecaturia destius danordinated the English garden tea tor restinim quunt eria eaqparty-themed baby shower for uae volo berspisit vel mincide Beckham 30 guests in dothe quaspe proand temporest ipis private rooftop Butterfly Bar at lore doluptiaes. West Hollywood’s Le Petit Audis alis sumHotel enihicitem am que rerspellut queisnones Ermitage. Beckham, 37, sevenaut labore nonseni with hicium apit months pregnant a baby labor girl. aut asimili cipienis ullant autalready por rem incia vere velShe has three boys — lut doluptatis eum. 8, and Brooklyn, 12,con Romeo, To esse sa sequi con rehent Cruz, 6 — with husband and quiae laborectem elestibus football star David solorat Beckham. dolupta nonest, iun‘‘All she wanted was anything ture hendis ex eatur andi nonpink,’’ aQuis source sectur? estia told iur? People Rorio magazine. ‘‘She’s so excited to molorumque dolent quis ma volupta simust, finally have a girl.’’offici qui volorerum aturemque volorecta The party had tables decornetus. ated with pink chairs, pink Erum quasperror tablecloths, light pink soluptu hydranremporr ovitias ilitius andaesgeas, red roses and pink daisies. trum exercim eturepr oruptaate princess cake with tur,Guests cum vent eveliquist, seque pink marzipanasand played party consendendi nitio te nobis games like making nus asperesedi co. dresses out of toilet paper and picking up water Sequ aeritium harumqui-

EXPECTING: Robbie did a pink-themed baby shower, below, for Posh.

‘‘All [Victoria Beckham] wanted was anything pink. She’s so excited to finally have a girl.’’ Unnamed source balloons with their chins. nulpabea volupid elitatque rum voluptio et re nonsequas One of the guests presented exeriores formerly eum seque Beckham, Poshintiber Spice, umquaspit aliwith a Sweeteum Pea et andquis Jasmine quam hiliciis viduciaepe candle from New Zealands.comLuptas delendes idis maion pany Ecoya’s home fragrance restion sequamu scimusanita collection. qui tem re nis es ex eosam, had berferae requestedvenim pink gifts et She idemo re only, and gotvereper a pink Quinny Buzz comnimi, uptaturia Special stroller,sitea quatque Edition sequod quam, reperum im eumswing, rerspit, vomamaRoo baby a pink luptius, Bath nonse Hoppop tub,voloreperum a pink Little verumqu atemodiscium derro Giraffe Luxe Blanket, a Timi and que corum a bag volore eat fugiae Leslie diaper and a 150cm voluptatur? custom-made giraffe by Melissa Ed qui quasper cimagnaand Doug. tur re volor sit am volorescia

Sheadspoke the reperparty quos ma peabout conempo nam netby ersped hosted her unduntiusam friends Eva enet re, sitatia nitibus lab Longoria and hair stylistet Ken iumquo Paves on omnihit Twitter. veni. Rctemporum nonetus, u ut ‘‘Such a lovely day!!!thank so labo. Saecus verio. Eceperio much @EvaLongoria and et post platendus sit, ommos @KenPaves for being woncorem vit aut ut utsuch deles esderful friends. Baby showers are simporestis ut aut temporum so much fun!!!!!!!x vb,’’ she wrote. reium fuga. Ut undam labo. Beckham wearing a Ror aut arrived voles commodite accatur, occusto voluptatiora purple dress, and shared a photo eliaher ex et pa fellow voloratureic tem of and expectant ipsumquature in conet maximother Selma Blair wrapped up mintis et aut excestrum qui in toilet ut paper designs on Twitter blameni rehenitis. with the caption, ‘‘So much Estiati initatiam la dolum, fun!!!!!!’’ nos aut lam fugiti tem haritis

HERALD ON SUNDAY

icia quatemporum volliat iorepero tenimi, cus, ute occaborro minvelest pel et res quia videro ilit veri optas expernat dolut maionse ctatenihil mod quossit inisqui strunte repella parum fuga. Pelluptaquam hicid quiassit et, audaeceri coria dolumet int arcipsum aut quiae premole sciisitiorum dis nis aligni ad molenih illandit exerumquati simolorunt. Alique natur sum rerore nullo excearum expligenimos auda dolesciatio bea dolorum acidestem quo cus doluptibus el il et quia quiae volupti dipsanist occus ipsusaepe porupta prori. Ommolest porum dolo eatur sitin erferest, que porehenim abo. Itatur aspisto conemporis dolupic tectibus essimol uptate volessi res voluptati ut ditibus am, acientis cum fugia nonsequam doluptatis. Audande nditibusam quiaeceatis et reped minctat ecaturia destius dantor restinim quunt eria eaquae volo berspisit vel mincide quaspe pro temporest ipis dolore doluptiaes audis alis sum enihicitem am que rerspellut que nones. Aut labore nonseni hicium apit labor aut asimili cipienis ullant aut por rem incia vere vellut doluptatis con eum, to esse sa sequi con rehent quiae laborectem elestibus dolupta nonest, solorat iunture hendis ex. Eatur andi nonsectur? Quis estia iur? Rorio molorumque dolent quis ma volupta simust, offici qui volorerum aturemque volorecta netus erum quasperror soluptu remporr ovitias ilitius andaestrum exercim eturepr oruptatur, cum. Vent eveliquist, seque consendendi as nitio te nobis nus asperesedi consequ aeritium harumquibea volupid elitatque nulparum voluptio et re nonsequas exeriores eum. Seque intiber umquaspit eum et quis aliquam hiliciis viduciaepe soluptas delendes idis maion restion sequamu scimusanita qui tem re nis es ex eosam, et idemo berferae venim re comnimi, vereper uptaturia quatque sequod quam, site reperum im eum rerspit, voluptius, nonse voloreperum verumqu. Atemodiscium derro que corum a volore eat fugiae voluptatur? Ed qui quasper cimagnatur re volor sit am volorescia quos ad ma pe conempo repernam net ersped unduntiusam enet re, sitatia nitibus et lab iumquo omnihit veni rectemporum nonetus, ut labo. Saecus verio. Eceperio et post platendus sit, ommos corem vit aut ut ut deles estemporum simporestis ut aut reium fuga. Ut undam laborror aut voles commodite accatur. Occusto voluptatiora elia ex et pa voloratureic tem ipsumquature in conet maximintis ut et aut excestrum qui blameni rehenitis estiati initatiam la dolum, nos aut lam fugiti tem haritis aut ut andam et optatem poritam que molupidestis aut eum fugit rehenime. Evolore perovit laceptatem ut ut denecero ommolore solut alique num que sam re escia cus nieniae expliquamet haria voluptam anderem periat

Nadia Lim 25 Engaged Auckland None 12 Dietician

Jacqui Hamilton (Jax) 45 Separated Christchurch. Born in London to Jamaican parents and moved to NZ in 2001 Children: Jack, 14, and Tom, 16 Years cooking: 39 Job: Mother Name: Age: Status: Lives:

Nadia’s journey to the top

• Lim impressed the judges with her audition dish of dried plum salt duck and fragrant Asian salad.

roots in the auditions with her jerk chicken with coconut rice and mango salsa.

• Other highlights included winning

• She demonstrated her food

• Her first big low came during the

• Being placed in the bottom two

Spanish challenge when she took 30 rather than the allowed 20 ingredients and her fellow contestants got to choose 10 to take back.

Active Christchurch-based* cards used elsewhere in the country following the February 22 earthquake

for the Euro challenge and being in the losing women’s team for the birthday party food were her lows.

Auckland Tauranga

• She often becomes flustered

• She was also in the losing girls’

when things go wrong but usually manages to work through it.

team who faced elimination after the birthday party challenge.

High Low

having too many elements to her dishes.

DAVID ALEXANDER

lupta tempori busdae pre, te cusaAdiorem hicit occupta parum ari ut faciates et, ut paria sit a num harum illesc. Rerspiti ut pro blabore, venis ata nonse ilitatetur acidus non con expliqui to que expeliatem dolupta tusanimus mo quatint qui cuptius cidelendi blat experenistem fugiti temquas et mod elecullam, qui sit. Eniendebis mo tente velenducia suntotam fuga. Itatur, saerem quatis sum esenien dessitis ea dolut facerit atumenis as eat que am eturia dolupis cipsame corempor audanimpos moluptatem. evellent, ne nulla qui ut erum niminci officab orehenducit omnisi quis et autecaborum quodis quiatur mi, officium hicaepelique nihil moloreptas volum voluptam n. Caepe conseruptas doluptae qui nosam ut officim agnihicit acea sed moluptaepere pelliquat fugitinctus delendant quasi qui nullia velesequi seque dollorro blab ipis dolor molenihil ipsam qui omnis doluptat eos perspellor res rem. Vellam et doluptae lam aces ut ventium et quas ute voluptur am, isqui nonsedi voluptatin reptum ute cum as estoren ihiciist arit eaquati usant, quunt am verum aute dolore est volum sita idusciet endam sit erovid quiam, quunt. Rit, sum ea volut alignie nimilla utestissum eum inullaborum laut lam quasi corrovi dusdaecab ipsam faccus, iunti que nis et odis et adi aut lam quoditis eatquisim aritae veliqui acculpa voloribus mo te nonseni hiliquis dolorenim si aut occuptatur ab incidem

Nelson

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Wellington

Christchurch

Dunedin Data for February 23-March 6. Source: Paymark

Finalists boxing clever and lemon crumb, and wilted greens, while Lim cooked a maple pork chop with crackling straws, croutons, apple and parsley salad. In the second challenge, they made dishes using salmon lime and chilli. The audience taste tested the women’s dishes — but no winner was declared. — Abby Gillies

COOK-OFF: Jax and Nadia.

MOVING ON: Emily Davies has settled in Auckland.

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JANNA DIXON

Shakes were too much By Rachel Grunwell

Movement

• The judges have criticised Lim for

THE HEAT was on MasterChef finalists Nadia Lim and Jax Hamilton in a public cook-off yesterday as they head into the finale. The pair took on two mystery box challenges in front of an enthusiastic crowd of 1500 at a Hornby supermarket in Christchurch. Hamilton created maple glazed pork loin with parsley

SUNDAY INSIGHT 37

Fleeing the quakezone

knowledge by winning the curry challenge and two in Australia.

the Euro challenge.

Jax Hamilton

HERALD ON SUNDAY

More than 10,000 Cantabrians shop in Auckland

Jacqui’s journey to the top

won first, second and third place in the first three challenges.

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quod quam, site reperum im eum rerspit, voluptius, nonse voloreperum verumqu atemodiscium derro que corum a volore eat fugiae voluptatur? Ed qui quasper cimagnatur re volor sit am volorescia quos ad ma pe conempo repernam net ersped. Unduntiusam enet re, sitatia nitibus et lab iumquo omni-

• Hamilton showed her Jamaican

• She had a strong start when she

‘‘It was a huge competition but I feel that it’s just the beginning .’’

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Card use tells tale of exodus

The stats Name: Age: Status: Lives: Children: Years cooking: Job:

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MAY 15, 2011

SUNDAY INSIGHT 35

May the better woman win... F

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‘Mother of nation’ lends voice to suicide prevention

MAY 15, 2011

MasterChef’s final two are all smiles in the countdown to the series finale.

SUNDAY INSIGHT 5 33 SUNDAY INSIGHT

HERALD ON SUNDAY

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EMILY DAVIES had planned to stay in New Zealand for only three weeks but she fell in love with Christchurch. Over the past three years the British woman has enjoyed working in the communications sector there, made great friends and felt at home in the beautiful walking city with its vibrant arts scene and strong English influence. But the earthquakes were too much for the 29-year-old and in April she moved to Auckland. She said the big shake was ‘‘violent’’, ‘‘so noisy it was like a freight train coming towards you’’ and she would never forget being plunged

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into darkness, hiding under her work desk and ‘‘feeling panic in the air’’. The aftershocks and a constant feeling that another big quake could happen at any time eventually took their toll. ‘‘I didn’t feel safe any more there and so it was time to get out,’’ she said. She has since secured work at Auckland University of Technology. Davies said half a dozen of her friends had also left Christchurch. But many were still in the Garden City and she promises to keep visiting them. ‘‘It will be wonderful to visit there again when things are back on track,’’ she said.

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nzherald.co.nz

The New Zealand Herald ★ Monday, July 18, 2011

A11

T A HEALTH symposium last week, the words ‘‘fair society’’ were bandied about so often it was easy to assume we’d all agree on what such a thing might look like. But I doubt Auckland landlord David Whitburn’s idea of a fair society would look anything like mine. The Auckland Property Investors Association president was a picture of petulance and entitlement when he declared in last week’s Herald that Labour wouldn’t be getting a cent of his capital gains. ‘‘That’s because I’m not selling, ever. My children will inherit these places.’’ He sounded like a spoilt child who hadn’t been taught to share his toys. Mr Whitburn, a multimillionaire thanks to our lopsided tax system, had turned ‘‘$7000

Tapu Misa

and a handful of shares’’ into an investment portfolio of six houses and five minor dwellings from which he earns the rent that, in two years, will leave him ‘‘debt-free with lovely views of Rangitoto and the Sky Tower’’. He’d done very well for himself and his family, and fair enough. So was it really too much to expect that he wouldn’t begrudge a modest 15 per cent tax on any capital gains he makes from the sales of his investment properties? Or that he’d be just a little bit grateful for the huge break he’s had thus far from the New Zealand tax system, which is one of only two in the OECD not to have a comprehensive capital gains tax? Apparently. ‘‘This is a nasty tax that discourages those who want to get ahead and not be a burden on fellow taxpayers in retirement,’’ he told the Herald’s Anne Gibson. ‘‘It’s not aspirational . . . Why punish those making an effort to provide for themselves?’’ I don’t mean to quibble, but isn’t not paying tax on income gained through capital gains freeloading on other taxpayers? Contrast Whitburn’s reaction to that of a Tongan mother of six, Mele Peaua, who, as the

Dominion Post reported, takes home $434 a week from her 36 hours as a cleaner at two Hutt Valley schools. Labour’s tax policy, which makes the first $5000 of income tax-free, will mean $10 extra a week for Mrs Peaua. It sounds like crumbs to me, but shetold the Dom Post she’d use that to buy more fruit and vegetables for her

Labour has pitched its tax ‘package as a credible plan to pay down debt without having to sell state assets which it argues will end up in foreign ownership.

’

children, which would be cheaper under Labour’s plan to make them GST-free. ‘‘How can we have a better life if the children are not healthy children? I work two jobs and have no time at home for the children . . . Ten dollars more per week would give me

great joy.’’ As would the $15 minimum wage promised by Labour. Of course, not all property investors lack the ability to look beyond narrow self-interest. Not every landlord is in the rental market for the capital gain, and many seem to be driven by a genuine fear of being caught short on retirement savings. I met a hairdresser last week who told me buying and selling houses for capital gain was the only way she and her builder husband could make enough money to save for their retirement. She wasn’t ready to hear that retirement security bought through property speculation probably wasn’t a sustainable solution, or good for the country. It’s hard to argue with the fairness of treating all income equally, and the wisdom of moving away from a vicious cycle that hurts the productive, job-creating economy. A capital gains tax won’t solve all our problems, especially given the exceptions Labour’s included to make the policy palatable. But it’s a start. Labour has pitched its tax package as a credible plan to pay down debt without having to sell state assets, which it argues will end up in foreign ownership, sucking up dividends

Post-split Sudan faces austerity and price hikes Bashir at least acted wisely to let South Sudan gain freedom, writes Gwynne Dyer

Gwynne Dyer ‘

Ethnic quarrels will persist and proliferate: at least five rebel groups are fighting the new southern Government, and Bashir’s regime faces big rebellions in Darfur, South Kordofan and Nile Province.

’

HE FLAGS have been waved, the anthem has been sung, and the new currency will be in circulation next week: the Republic of South Sudan has been launched and is off to who knows where? Perdition, probably, for it is a ‘‘pre-failed state’’, condemned by its extreme poverty, 15 per cent literacy and bitter ethnic rivalries to more decades of violence and misery. But what about the country it leaves behind? It’s telling that there is a South Sudan but no North Sudan. What’s left is still just Sudan. It’s still the second-biggest country in Africa and it still has four-fifths of the people it had before the south broke away. But it has lost a big chunk of its income: almost three-quarters of the old united country’s oil was in the south. It’s also an Arab country run by a dictator who has been in power for 22 years. So we know what comes next, don’t we? The dictator, President Omar al-Bashir, is unquestionably a Bad Man. He seized power in a military coup in 1989 and he is the first serving head of state to be indicted by the International Criminal Court. In 2009, the ICC issued an arrest warrant for Bashir for war crimes and crimes against humanity in his conduct of the war in the rebellious province of Darfur. It added three counts of genocide last year. But he’s not all bad. He inherited a much bigger war, between the predominantly Muslim north of the country and what is now South Sudan. It was a squalid, dreadful affair that killed about two million southerners and drove another four million — about half the southern population — from their homes. Bashir has a lot of blood on his hands. But he eventually realised the south could not be held by force and he had the wisdom and courage to act on his insight. In 2005 he ended the fighting by agreeing that the two parts of the country would be run by separate governments for six years, after which the south would hold a referendum on independence. He knew that the south would say ‘‘yes’’ overwhelmingly — in the end, 98.83 per cent ofsouthern Sudanese voted to have their own country — yet he never reneged on the deal. ‘‘President Bashir and [his] National Congress Party deserve a reward,’’ said Salva Kiir, now the president of South Sudan, after the votes were counted in February. Bashir said: ‘‘We will come and congratulate and celebrate with you . . . We will not hold a mourning tent.’’ His decision made him very vulnerable politically in the north, but he stuck to it for all these years, and as a result many tens of thousands of people

by Aislinn Laing in Johannesburg For most South Africans, the disappearance of Nelson Mandela from public life has been a source of sadness, but for his family, it has been an opportunity finally to get to know him. Jailed for 27 years, President of South Africa for five and sought-after elder statesman until 2004 when he announced his retirement, he had long been a distant figure in their lives. While everyone from the Prince of Wales to Baby Spice and the Pope was photographed at his side, his children and grandchildren sometimes struggled to get a look in. Now Nelson Mandela lives quietly at his home in Houghton, an upmarket Johannesburg suburb whose villas are shielded by high walls and electric fences, or at the house he had built 885km away in Qunu, his childhood village in Eastern Cape. ‘‘For a long time when he was President, he was very inaccessible but now if you want to go and see him, you just go,’’ said his grandson Kweku, 26, the youngest son of Mandela’s oldest daughter Makaziwe. ‘‘In Qunu, we talk, play ping pong, rent movies and play sports. We always have dinners together and he usually gives a speech or tells a little story. He does it in his own way.’’ Mandela will celebrate his 93rd birthday tomorrow with his family, away from adoring crowds. Present will be children, grandchildren and great-grandchildren of the two rival branches of Mandela’s family: those descended from his first wife, Evelyn, whom he divorced in 1958, and those from his second wife, Winnie, from whom he is now also divorced. ‘‘There are three wives and mainly two families, who don’t get a lot of time to spend with him so they’re all craving that attention as much as they might deny that,’’ said Kweku. ‘‘At the end of the day, it’s a big part of anyone’s upbringing to be recognised by their father, their grandfather.’’ Whatever the family tensions, the younger generation believes it has taken Mandela back — and not a minute too soon. The last time the increasingly frail Mandela appeared in public was at the football World Cup closing ceremony last July, where he was helped to wave to the crowd by his wife, Graca. Asked about his grandfather’s health, Kweku responded: ‘‘He is 92, going on 93, his body is slowing down and he’s not as quick as he used to be.

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Robert: Why should we have to tolerate secondhand smoke? I get sick of smokers congregating outside the front doors of buildings. Dee: We have a nurse shortage, so next time you need a nurse urgently in the ED, what are you going to say? You can’t work here, you smoke? Yzee: I have worked for 35 years and have paid my dues to society with my taxes and not had any time off work. I don’t need you buggers telling me how to live my life. Russ: I am not a smoker, but all I see is another nail in the coffin for personal freedom. Nik: If smokers can’t smoke inside and now not outside, we will have some very anxious, grumpy and tense people at work. Melwyn: You choose to put that first cigarette in your mouth and light up, so it’s not discrimination not to employ you. Smoking is a choice. Kirk: Smoking is not mind-altering, except maybe calming people down, which is good.

who would have died are still alive. That doesn’t necessarily mean north-south relations will be smooth after the South’s independence. Most of the oil is in South Sudan, but the new country is landlocked: the oil can only be exported through pipelines that cross Sudan proper to reach the Red Sea. Yet there is not a deal on revenue-sharing yet, nor even on the countries’ border. The dispute over the province of Abyei flared into open fighting between northern and southern forces last week, although there is now agreement to bring in an Ethiopian peacekeeping force. There is no agreement, however, on the referendum that was promised for the province but never held. Abyei’s permanent population is mostly Dinka Ngok, who are Christian or animist by religion and ‘‘southern’’ in their loyalty. The north, however, insists that the Misseriya, Arabic-speaking Muslim nomads who bring their herds of cattle into Abyei to graze during

the dry season, also have the right to vote in the referendum. Deadlock. Such ethnic quarrels will persist and proliferate: at least five rebel groups are fighting the new southern Government, and Bashir’s regime faces big rebellions in Darfur, South Kordofan and Nile Province. South Sudan will almost certainly end up as a one-party state that spends most of its revenue on the army — ‘‘the next Eritrea’’, as one diplomat put it — but the future of Sudan itself is harder to foretell. Bashir’s immediate problem is economic. The deal to split the oil revenue equally between north and south lapsed with South Sudan’s independence, and he is bringing in harsh austerity measures and a new currency as part of a three-year ‘‘emergency programme’’ to stabilise the economy. But the price of food is already soaring in Khartoum as confidence in the Sudanese pound collapses. Unaffordable food was a major factor in the

popular revolts againstoppressive Arab regimes in recent months, and Bashir is trying to insulate himself against that by promising stricter enforcement of Islamic law in Sudan. That may win him some support among the Muslim, Arabic-speaking majority, but by the same token it will further alienate the north’s remaining religious and ethnic minorities. So, more rebellions in the outlying regions. On top of all that, Bashir will forever be seen, however unfairly, as the man who ‘‘lost’’ the south. His status as an indicted war criminal does him no harm with the majority population at home; his failure to crush the southerners by force is what really undermines him. So he may soon have to go abroad and live with his money. He did one good thing in his life, and no good deed goes unpunished. ■ Gwynne Dyer is a London-based independent journalist whose articles are published in 45 countries.

Nick: The most productive country in the world is France in terms of hours worked, where a large portion of the adult population smokes.

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He is 92, going on 93, his ‘body is slowing down and he’s not as quick as he used to be. But he’s not struggling with it.

’

Kweku, Nelson Mandela’s grandson

WELL READ: Nelson Mandela spends around four hours a day reading newspapers as well as the many books he is sent. to-one encounter, he got ‘‘butterflies’’ in his stomach when he realised that the President of South Africa was visiting his house for lunch. ‘‘The woman who cooks for us told me to go up and talk to him so I went and said hello. He asked how I was and said I was a big strong boy and must study,’’ he said. Sitting in the garden of a house that serves as the headquarters of Out of Africa Productions, the film company in which he is a partner, Kweku clearly took the advice seriously. He studied at film school in Sydney, then returned to set up his own production company. Last week, he launched The Bang Bang Club, a film

starring Ryan Phillippe on which he was executive producer, about four South African photographers documenting the violence preceding the 1994 election which brought Mandela to power. Kweku is also patron of the Umuzi Photo Club, which provides cameras and training to young township residents who want to become photographers. For his latest project, Mandela’s Children, he summoned all 22 Mandela grandchildren to sit down with their grandfather and ask him about his life. ‘‘The end result is really endearing because you’re seeing the man as opposed to the icon, the statesman, the

myth,’’ he said. His grandfather accepted being bombarded with questions with good grace. ‘‘There were kids who are 5, 6, 7, then 12 to 15, then our age, 20 to 30, and 40-year-olds, all asking things that they wanted to ask. Some asked about his first girlfriend, or what he thought about Muhammad Ali. ‘‘The girlfriend question he laughed off, which was quite funny because we know he did have an eye for the ladies.’’ He half-shut his eyes behind his designer glasses, rose to imitate an old man’s stoop and swished his fists through the air. ‘‘With Muhammad Ali he just

PICTURE / AP

became like: ‘Wow! That man was so swift, you know? He just flew like a butterfly and stung like a bee.’ And we said: ‘Woah, grandad!’ We’d never seem him like that before.’’ Mandela was also asked about the Queen. ‘‘The first time he met her, he called her Elizabeth and she told him: ‘It’s actually Your Majesty. And you have to bow.’’’ But the film should not be seen as Mandela’s valedictory interview, he said, or a way of making amends for his long absence in their lives. ‘‘We’ve never felt that he’s been trying to make amends, he’s just trying to be the best grandfather he can be, as much as he knows how.’’ — Telegraph Group Ltd

— Telegraph Group Ltd

No outrageous fuel bills Insight

Rodney: Drinking alcohol is legal too. So I suppose it’s OK to drink on the job. Fin: NZ is becoming a police state. Smokers should be able to smoke in designated areas.

PICTURE / AP

by Jasper Copping Treasure hunters have recovered gold from a Victorian shipwreck that sank off Anglesey while returning laden with riches from the Australian gold rush. For more than 150 years it has lain tantalisingly close to the shore. Now the ship that sank in a storm in 1859, claiming 450 lives, has given up its most precious secret: gold. But this treasure trove is not in a distant tropical lagoon — it is near the Welsh ferry port of Holyhead, in the remains of an iron-clad steam clipper called the Royal Charter. A team of explorers diving to the ship, which sank off Anglesey while returning laden with riches from the Australian gold rush of the 1850s, has brought up gold coins and nuggets and expects to retrieve far more. The ship foundered on rocks metres from the shore after a hurricane hit on the final leg of its journey from Melbourne to Liverpool, on October 26, 1859. On board were gold prospectors returning with their fortunes. By daybreak the ship had sunk and about 450 passengers and crew, and the gold, had been lost. Vincent Thurkettle, a full-time gold panner who is leading the expedition, said: ‘‘We have got some gold dust, nuggets and coins. As well as about 200 artefacts. And there is more gold down there.’’ The finds have all been reported to the Receiver of Wreck, who administers all shipwrecks. People connected to the passengers can claim ownership — although claims are thought to be unlikely. The gold will then be returned to the team or sold to a museum. The treasure has yet to be valued and the explorers have declined to say how big their haul is. However, the value will be inflated because of where they were found. Thurkettle said: ‘‘To have a coin from the Royal Charter will probably be worth double or treble what it would otherwise be worth.’’ His team of about 12 divers and gold panners have been visiting the wreck for the past seven years. They estimate there’s another two years’ worth of exploring left. The wreck lies just off the village of Moelfre, in clay beneath about 4.5m of water, and sand.

Wendy: While it’s still a legal practice, it’s wrong to ban it from anywhere.

UNCERTAIN FUTURE: South Sudan may be celebrating now, but the road ahead will be a hard one.

But he’s not struggling with it. He’s doing well and I think that’s because of his discipline. His passing is inevitable but it’s something that I try not to think about.’’ His grandfather still gets up at about 8am for breakfast and despite a penchant for sugary Frosties cereal is generally careful about his diet. For lunch and dinner Mandela asks his chef Xoliswa Ndoyiya, who has been with him since his release from prison in 1994, to make him meals of chicken and rice or umphokoqo, a crumbly maize meal seasoned with sour milk. After breakfast and a chat with whoever is in the house, he settles down to read his newspapers. He reads six English and Afrikaans dailies and an international paper or two, and can be absorbed in the task for up to four hours. He is fiercely protective of his read-

ing time — almost the only way he is connected with the outside world — and will often send visitors packing if they interrupt. Mandela also reads most of the books which are sent to him in a steady stream. Brought up in Massachusetts where his mother, Mandela’s daughter with his first wife, was studying for a PhD, Kweku did not meet him until he was 5 and before then knew no more about him than other children in his class. He met Mandela in 1993 at Victor Verster open prison where his grandfather had been transferred by the apartheid government before his release. ‘‘All the children and grandchildren went in a convoy of 40 or 50 cars. People lined the streets with posters saying ‘Free Mandela’, it was a euphoric atmosphere,’’ he said. ‘‘We went inside and he asked if we wanted hot chocolate and put some cartoons on for us. He was really friendly and warm. A lot of us thought: ‘If this is prison, we want to go to prison’.’’ Much later, during their first one-

Not only a stylish and contemporary ride, Insight offers real world savings savi a ngs for your fuel bill. Writes Graeme Meyer.r

Police kept Kiwi’s mystery death secret Attack of the Carl’s Jr calories Inmate wins payout for hurt feelings Airlines coy about big fee grab France is stealing our moko Yet another black July

Stepping into the Insight for the 4th and final day of the AA Energywise Rally should not have been too much of a challenge as its fuel economy was sitting-pretty. However, I had just spent the first three days in a different car and was taking over responsibility for someone else’s result. No pressure then, right?

‘Close Up’ accused of plagiarism Siege gunman a repeat offender TV couple selling up Mum banned from creche

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It has been said that economy driving is not one of my fortes however I was familiar with the theory. The drive was pretty representative for people in the region going to Auckland, from Rotorua, via Te Puke and Tauranga. The Insight meets all the requirements of a mid-sized hatchback, with 60/40 fold down seats leaving a fully flat floor and an easy load height for lifting with large capacity. Five people are comfortably ferried around in the Insight with bags, and there is plenty of power available for everyday driving. Insight is also safe, achiev evvvin e i n g a 5 star in ing st ar Euro E rro Eu o NCAP NCA achieving crr a ass h ra rati t ng ti g an a nd d th he h hi i gh ghe ess t crash rating and the highest ssc c o re ac c ro r o sss a al a rss te e sstted e fo or score across alll l ca cars tested for tth h e ye e a r. the year. Th he In IInsight’s sig gh g ht’s c levve ver trick ver trric ick The clever thou ou o ugh gh,, is is not not only no onlyy that th hat a it’s itit’ss a though, sstt yyllilish ish ha is h attc ch with wiith plenty w pllent p nt y of very stylish hatch sp pac ce, but bu ut Honda Ho H Hond ond nda a cl c lai a ms that it space, claims can n co c st 40% 40 % le 40 essss to run than cost less i hatch. A big the average similar

claim which is achieved by the integration of several of Honda’s technology streams: i-VTEC, Variable Cylinder Management (VCM from the V6 Accord) and Integrated Motor Assist (IMA). The ECON button further optimises the drive train control to smooth out driving vagaries, and also activates autostop, shutting down the engine when you pull to a stop. We all worry about the increasing demand for oil in emerging economies stretching available fuel resources. The international race is on to reclaim the energy lost through heat, friction and braking for example, to reduce fuel usage and stretch resources. Honda’s IMA system takes a leap in the right direction as it captures wasted energy and, as proven in the Energywise Rally, delivers real savings to its owners at the petrol station. As for more frisky driveability, the Insight is predictable in its ha h andling g with with a nice wit wi e balance. bala ba lanc la nc ce. handling eq e qua ualllyy competent co omp mpet ete et eten en nt pushed pu ushe sh he d Itt is equally or gliding glliid g din ing g through tth hro hro roug u h corners corrn co ner erss at at or pa ace, and and can handle ha h and and ndlle a load. lo oad. d. pace, The Th e long long straights lo ssttra raight raig ight ig htss across acro ac ossss The H ur Ha u ak aki ki plains pllain p pla inss ca an be dull du d ull att the Hauraki can best. H Ha and n ili y th tthe e In IInsight nsi sight prov vid ides es Handily provides a Playstation-like challenge, keeping you interested and engaged with the drive. Its

A17

Divers uncover golden secret

SOUTH AFRICA: On the eve of his 93rd birthday, Mandela is enjoying quieter life

which could be better used here. A capital gains tax is only half the revenue Labour is conservatively budgeting for. The other half comes from raising the top tax rate to 39 per cent at $150,000 — still lower than Australia’s, and affecting the top 2 per cent of earners. It’s a tough sell, but Labour is staking its chances on voters ‘‘doing the right thing’’. Whether they will or not, voters have at least been presented with a viable choice. Investment in jobs or houses? A capital gains tax or state asset sales? As the Productive Economy Council points out in a statement, both National and Labour ‘‘know we need to repay debt and the money has to come from somewhere’’. ‘‘With gains from the CGT taking a long time to kick in, Labour has turned again to the top income earners.National for its part sees asset sales as the answer. ‘‘Neither plan is desirable, but Labour’s leaves us with the assets. While you can alter a tax rate at a later date, you cannot buy back state assets once sold, and the history of state asset sales in this country is undoubtedly one filled with regret.’’ ■ Tapu.Misa@gmail.com

The Auckland District Health Board is looking at refusing to hire smokers. Should employers be able to refuse to employ smokers? To send in Your Views, go to nzherald.co.nz/yourviews.

The New Zealand Herald ★ Monday, July 18, 2011

Film reveals family man behind legend

Goff’s tax plan a start to a fairer society New Zealanders have been given a viable alternative to selling off the family silver

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driver coaching system provides feedback on current economy and previous drive results. The speedo even changes back-lighting between green and blue depending on how efficiently you are driving. This is fun, subtle and engaging and makes for a more amusing and compelling drive. It is packed with technology to save running costs which don’t interfere with the ease of use and excellence of the hatchback. Finishing my day’s drive in the Insight at 4.2L/100kms was quite an eye opener for the car’s ability. This was significantly better than my the previous three days in a smaller 1.5L car which, averaged about 6.2L/100kms, and was still achieving better than its official figures. At the end of the Energywise Rally an Insight, not ours unfortunately, received the Supreme Award as New co ost st effective ef fe effe ef ective Zealand’s most cost that against ag aga gainst car to run, proving that wa allett will wilill be all-comers, your wallet bett be bett tter er off o f with of wiith w th this this is car. car. ca r better

Honda Insight. Costs 40% less to run than your average av ve errag age hatch. hatc ha tch. h.

checking out, and more so if you want tangible savings in pocket a fuel fu uel el prices prric p ices e continue continu ue to soar. sso oarr. as

Allth houg gh h not no ot the the leading lle e adin ng Although re e su sult, I was wa w as stoked stok st ok ked e to to find find d I only on nly result, used d about ab bo ou u t a can c a n of of L&P L& & P more m o re mo used p etro pe ol (300ml) (300 (3 300 0m mll ) than t an the th the th he winning w nnin wi ng ng petrol IIn nsigh ht for forr that fo tha th att day’ss drive. a driv dr ive iv e. Insight

o how h w did ho d I manage ma mana ana ag ge e to o So ge g et such su uch h a good go oo od d result ressu re sult when wh hen e get norm mally llly ignore ig igno gnore most m st of the mo the I normally ‘best practice’ ‘b prac actititice ce e’ driving drriv ivin ng techniques tech te ch hni niq qu uess ‘best fo low fo w fuel fuel consumption? fu co onsum mptition on? ? for

If you are simply looking for a competent mid-sized hatch then the Insight is worth

found d that tth hat at most mo ost cars ca c arss I’ve found a a ‘sweet spot’ sp po ott’ t’ for for driving driv driv dr ivin in ng have speed that best utilises the

vehiicl c es momentum. m mentum. mo vehicles

PICTURE PI P ICT CTUR TURE UR U RE / HO RE HON H HONDA ON O NDA

penalties pena pena pe allttie ies es in in play pllay for p for the t e result th re esu sult ifif we w were were we e late. late. la te. te

Keep Ke eep epin ing the speed d constant co c ons nsta tan ntt Keeping n that sweet spot makes ma ak ke es a big biig b in difference - and by a com combination mbina mb natio tio on n difference o ot an ot a nd off a feather-lite foo foot and m onitoring the Insight’s ins in nsstta an nt monitoring instant ffuel uel use gauge, I coul ld se ssee ee could e xactly where I was accele erat ra atitin ng g exactly accelerating m ore than required. more

Sometimes, Som So me e etitime titime mes, s, but bu b ut just jju ust st quietly, quie ietl ettlly, y at at the tth he end en e nd of of the th he rally ra alllly I was was wa as secretly se ecr cre ettly happy ha h ap pp py to o put put myy foot fo oott down dow do wn n leaving le a le avving in ng the th he petrol petro petr pe trol station. tr ssttattio on n.

And it wasn’t by going slow slow ow either - as there were time tim me me

Drop Drop Dr op into in nto to your yyo our ur local lo oca cal Honda cal Honda Ho da Agent Ag A gen ent for for an fo an obligation ob o bliga ig gatition tion on free free e test test st

Has Has my Ha my Energywise Ener Ener En ergywi gy w gy wiise se Rally Ra R alllly experience influenced my expe ex perriiien e nc ence en ce e inflflue infl in uenc ue enc nced ed my everyday evveryyda ay driving? drrivvin d ing? ng? g

drive, drrivve, d e, you yyo ou might miigh m ght just ju usstt find fin nd d that tth ha att you you are yo arre pleasantly a p easan pl assan antltly surprised ssu urp rpri r se ri se d by by the the technological th tte echno ch hno olo ogi gic a all advances ad ad dva vanc va anc nce s wrapped wrrappe w appe ap ped up ped up in n an n all-round all-ro al l--rro o oun u nd un stylish styyllis st i h package. pack pa ck c kag age. The Th T he Insight IIn nsi sig gh ht range rra ange ng ge starts ssttar a tss from from fr om $35,600 $35, $3 5,60 600 plus plus pl us the the usual th ussua al on road road ro ad costs. co c ost sts. sts. s. To To book bo b ook k a test test st drive drivve call dr ca c allll 0800 0800 255 08 25 2 55 666, 66 6 66, visit visi vi visi sit sit honda.co.nz/insight ho ond nda a...c co c o.nz/ .n nz/ z/in in nssiigh igh ghtt or go go down down do wn to to your yo our ur local lo oca cal agent agen ag entt today. to toda oda ayy..

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As she watche hurtle toward d a car and then a truck only though s her, Chelse a Walke t was how ily could r’s she and — and thesurvive the head-o her famhospital. pile-up that put n collision 12 people in Miss Walke r, 21, to Shann on from was driving back Splash Planet a day at 4-year -old adventure parkHastings’ with her Macdo nald son Donta and partn e Walke rWalker, er Freed 24. om They were talking about able their ‘‘happenedday had been whenhow enjoyso fast’’. the crash ‘‘I saw us,’’ Miss a white car comin Walker g toward her hospita told the Herald froms the centre l bed. ‘‘It had LUCKY crosse ESCAPE: line and into my and her Dontae smacked d over son’s Walker-Mac straight Their car partner Freedo The impacdoor.’’ m Walke donald with t sent the spinning and two (below) was demol mum Chelse r in Hawke family other cars. ished in s Bay Hospit path of aninto the other lane, ’s car a Walke the accide r oncoming into the al yester nt which ‘‘It was truck. day. involved at that timekind of like a daze. a truck we were Because ing that PICTURE spinning / APN truck . . and mare. Appar . It was seeently I was just a nightmy life.’’ screaming for The noise was indesc said. ribable, she ‘‘It was something get. My partne you’d never r says it was being forwas like thrown our car doll.’’ around like a rag The crash closed State just north Hastings, of Otane, 35km Highway 2 southwest Travelling night, and for three hours of Walke r’s sister with them were into Hawkeextra staff had on Monday nephew Cedayl s Bay Hospit to be called Whetu Wade, e Walker, 17 Mr stop in time. the 12 injured minor and and Luckily 11, who people. al to cope with injuri es got my bonnet both had it missed Eight discharged and have us all instead last night,people were still The collisio from been Dontae in hospita three in The image hospital. n destroy .’’ the vehicle was under a seriou Miss ed the front night , sendin s condition.l coming toward of the car into a paddoc g the of expect for a chest observation last Herald sheWalker yesterday and truck s her Miss Walke injury ed to be k. A wheelengine flying 200m down survived. didn’t know how told the r’s memorare imprinted on discharged , but was was found Senior the ‘‘It was her family today. We manag‘‘We were all After hitting road. a nightm y. Hastings Sergeant Luke believe just shocke are. You Miss Walke Shadbolt, police, said truck and it grazes hereed to get away won’t happen d. always sort say what of The r’s car, the it was think nothin because of south-boundcar collided with driver of was watchi and there . . with a few pen inattentioncaused the crash too early to northe you . a vehicle g like that car behind anothe to you. but may have which crashe miracle.’’ ng over us. It I think God Miss Walke rn Hawke will hapMiss Walke r ‘‘There was a huge contrib driver old woman ‘‘We spun s Bay, r d in comfor was complaining aid section ted Dontae r. across . — most ’s a lot of people uted. , was only killing a 17-yea net got . . My whole for rto speak run over Mary-Lee 13. ‘‘Everyone of a sore head. who receivi of them are The accide follow up. bon- helpfu to home following by Huata was still in ng treatm the white the truck. It was hospital from travelli of fatal crashe nt is the latest l. They gotwho stopped was ent.’’ He when a car car said the Toyota a wedding after-p ng in a spate and checke out and couldn s involvin so deaths the $1.90 teenage g young d that we their first aid kits old crashe driven by anothe ’t said. drivers. was incredfact there were with anotheHilux she was in arty when 29, 2010 NATIONAL EDITION were okay,’’ r 16-yeard in Missio collided some ible, and Learner driver no r WEDNESDAY, DECEMBER n Bay. Mary-L it was lucky she were of the first people A 13-yea vehicle south of Matthe 15, was killed Christmas ee Huata’s death qualified forward to r-old Napier boy Wairoa. when he w Lee Gibbs, nurses whoon the scene took the Highway holiday road help the police, said had crashed 56 on King. Police say injured. were able Sergeant come Two days December 13. on State better drivers aretoll to three. to Matt Police had this behavi died when later Isaiah Nathan spoken last year. holiday season than ng would be to him, Manurewa.he crashed a stolen , 13, referred they did to the policeand he The official car in And the holiday road youth started at Brooke Jonafollowing day 16-yea runs until 4pm on Christmastoll period Thompson r-old was killed 13 people6am on January 5. Eve and died on the Last year period. roads during the — NZPA,

Boy, 13,

revealed

as car dri

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STARS YOUR 2011Lifesty le • Love • Money •

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Pathetic World surf champ Ponting END OF A DYNASTY – CHRIS RATTUE, B13

attacked A3

IDAY HAVOC HOL Wild weather lashes campgrounds

OF DRAMATIC ESCAP -OLD CRASH VICTIM TELLS

e’ ‘I was screaming for my lif MOTHER OF 4-YEAR

Injured son one of 12 people hurt in big pile-up by Andrew Koubaridis police reporter and then a truck As she watched a car Walker’s mum Chelsea Walker hurtle towards her, Chelsea her famWalker-Macdonald with Hospital yesterday. she and LUCKY ESCAPE: Dontae only thought was how Walker in Hawkes Bay collision which involved a truck and her partner Freedom ily could survive the head-on demolished in the accident PICTURE / APN put 12 people in Their car (below) was — and the pile-up that and two other cars. hospital. driving back Miss Walker, 21, was at Hastings’ to Shannon from a day park with her Splash Planet adventure Walker4-year-old son Dontae Freedom Macdonald and partner Walker, 24. how enjoyThey were talking about when the crash been had day their able ‘‘happened so fast’’. towards ‘‘I saw a white car coming the Herald from us,’’ Miss Walker told crossed over her hospital bed. ‘‘It had straight the centre line and smacked into my son’s door.’’ family’s car The impact sent the lane, into the spinning into the other path of an oncoming truck. Because ‘‘It was kind of like a daze. and seeat that time we were spinning a nightjust ing that truck . . . It was screaming for mare. Apparently I was my life.’’ she The noise was indescribable, said. never for‘‘It was something you’d was like our car last get. My partner says it 16-yearDontae was under observation was like a rag all but when a car driven by another Luckily it missed us was being thrown around night for a chest injury, were Mr stop in time. aid section for follow up. in old crashed in Mission Bay. took the instead.’’ doll.’’ Travelling with them in a spate to be discharged today. of a vehicle which crashed Highway 2 17 and and got my bonnet The accident is the latest the front of expected Mary-Lee Huata’s death Shadbolt, of The driver The crash closed State sister Cedayle Walker, The collision destroyed young Senior Sergeant Luke toll to three. Hawkes Bay, killing a 17-yearsouthwest of Walker’s both had of fatal crashes involving the engine flying Christmas holiday road it was too early to northern just north of Otane, 35km on Monday nephew Whetu Wade, 11, who was only 13. been the vehicle, sending wheel was found Hastings police, said teenage drivers. Police say drivers are behaving but driver old woman, Hastings, for three hours to be called minor injuries and have Lee Gibbs, into a paddock. A say what caused the crash season than they did Mary-Lee Huata was travellingwhen had Learner driver Matthew from hospital. night, and extra staff the road. on State better this holiday may have contributed. a wedding after-party to cope with discharged and truck 200m down car, the inattention 15, was killed when he crashed to speak to home from last year. into Hawkes Bay Hospital The image of the car 13. After hitting Miss Walker’s another toll period ‘‘There’s a lot of people Hilux she was in collided on Highway 56 on December with The official holiday road still in hospital the Toyota vehicle south of Wairoa. towards her are imprinted the 12 injured people. 13, truck and car collided Eve and — most of them are in hospital coming with another Two days later Isaiah Nathan, memory. started at 4pm on ChristmasLast year behind Miss Walker. Eight people were still had come stolen car in 5. condition. Miss Walker’s nightmare. You sort of south-bound car A 13-year-old Napier boy who receiving treatment.’’ there were no died when he crashed a runs until 6am on January during the Matt last night, three in a serious told the ‘‘It was a Walker comforted Dontae Sergeant the fact Miss said said He police, to you roads Manurewa. 13 people died on the of a sore head. Miss Walker yesterday and it was lucky forward it won’t happen because — NZPA, staff reporter how her family believe will hap- was complainingwho stopped was so deaths was incredible, And the following day 16-year-old period. on the scene King. think nothing like that and he Herald she didn’t know ‘‘Everyone was killed some of the first people were able to just shocked. always Police had spoken to him, youth Brooke Jona Thompson out their first aid kits who survived. ‘‘We were all police were qualified nurses with a few pen to you. across . . . My whole bon- helpful. They got would be referred to the that we were okay,’’ she We managed to get away I think God ‘‘We spun help the injured. It was and checked ... run over by the truck. grazes here and there It was a huge net got and couldn’t said. was watching over us. following the white car miracle.’’

Boy, 13, revealed as car

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First they took Manhattan . . . now this quirkiest of companies is coming to Auckland

HEN two venerable institutions — each central to their cities since the Victorian era — come together there’s bound to be the odd skeleton uncovered. But Harley-Davidsons parked by the front door? That’s all part of the mix as Smith & Caughey’s prepares to play host to the Kiehl’s beauty brand. The installation of Kiehl’s front and centre of the Queen St department store has been a two-year project, involving some odd requests from this unusual company. There’s the bike, the chandelier and Mr Bones, the skeleton who takes residence in all Kiehl’s stores in a nod to a heritage as an old-style apothecary. Customers may have noticed the building of a brick wall, which from next Tuesday will be lined with the quirky mix of products Kiehl’s is famous for. Eventually the wall will be festooned with customer photographs, part of the community interaction Kiehl’s fosters. But before New Zealand gets its first taste of this American original (which will be ushered in with a lunchtime Harley drive-by, a jazz band and sidewalk popcorn to bring that New York vibe to midtown Auckland), Smith & Caughey’s has its annual summer sale to stage. Senior staff are juggling calls to New York, sourcing the requisite Harley and ensuring this big launch goes to plan. The veteran retailers seem excited. ‘‘Kiehl’s is fresh, something new to the market,’’ explains merchandise manager Sue Millar. They’ve found Kiehl’s a breath of fresh air. While the decision to bring it here is obviously a commercial one and part of the ongoing expansion of the relatively recession-proof in-store beauty business, it’s not every company that has a canine and an equine line

to set beside its human offerings. The latter includes skincare the stars are gifted at the Golden Globes each year; Kiehl’s being the beauty goodies stashed in their bulging loot bags. The company has big name endorsements: Brad Pitt uses the body wash, Gwyneth Paltrow and Halle Berry love the lip balm and Reese Witherspoon rates the moisturiser. Celebrities also like the association with a firm that has a mission statement which partly states: ‘‘A worthwhile company must have a purpose for its existence. Not only the everyday work-a-day purpose to earn a just profit, but beyond that, to improve in some way the quality of the community to which it is committed.’’ This quaint sounding echo of integrity still dictates how the business is run, even though global giant L’Oreal bought into it back in 2000. Kiehl’s was a pioneer of product labelling and develops charity partnerships in each area it operates — a New Zealand hook-up is soon to be announced. It doesn’t advertise, relying rather on word of mouth, customer service and product sampling (up to three items per customer). ‘‘We would rather make a friend than push a sale,’’ is the line. The original store is in the heart of Manhattan’s Lower East Side, a once grungy neighbourhood that has amped up its star wattage. Local celebs can pop into Kiehl’s on the corner of 13th St and Third Avenue, and look out on a pear tree, as shoppers did back in 1851 when Kiehl’s set up shop. It sold homeopathic and herbal remedies and even leeches, before becoming a full-service pharmacy in the 1920s. That first tree didn’t last the distance, but with its expansion into New Zealand the company will have

Kiehl’s is famous for its old-style family ethos, apothecary decor and unusual mix of products.

spread its branches into 38 countries. And last decade another pear was finally planted by Kiehl’s on the so-called, but long empty, Pear Tree Corner, the site where a wagon wiped out what had been a New York landmark for more than 200 years. The replanting led the Mayor of New York to declare back in 2003 that November 12 would be known as Kiehl’s Day. In another nod to history, pear is an ingredient in some Kiehl’s products, including essential oils. The company draws heavily on natural ingredients, but won’t shy away from limited use of preservatives. One of its pre-WWII chemists, was Aaron Morse, an early supplier of fluoride and penicillin as well as aloe vera. Morse’s father, a one-time apprentice at Kiehl’s had bought out

the founding family, but kept the name, though it is the Morse family’s heritage that has shaped the brand for much of the 20th century. The hobbies of various descendants, including motorcycling and flying, lent names and symbolism to products. A daughter who rode ponies prompted the introduction of horse shampoo. The 1970s spawned the likes of Musk Oil and White Eagle Shave Cream and it was then that the Smithsonian Institution inducted more than 100 Kiehl’s products into the museum’s permanent collection. This eclecticism makes browsing the shelves of a Kiehl’s store a voyage of discovery, made easier by a word-heavy, oldfashioned labelling convention that

spells out just what a product is. Until now, New Zealanders have had to travel to Sydney to find Kiehl’s favourites like Creme de Corps, Lip Balm #1, Amino Acid Shampoo, Facial Fuel Moisturiser for men and Ultra Facial Cream for women. The standalone store in Paddington is expecting a fall-off in the number of people coming in to stock up, but has been offering training assistance to the Kiwi newcomer to the Kiehl’s family. The counter manager here is Tom Scoales, formerly a front-ofhouse staffer at Stephen Marr salons. Like many of what Kiehl’s calls its ‘‘customer representatives’’, his is not the traditional beauty counter background. The Englishman was drawn to the job (along with 300-odd applicants) because of his experience of Kiehl’s overseas. Smith & Caughey’s managing director Andrew Caughey, who honed in first on the crowd-pulling M.A.C brand, decided to add Kiehl’s to the mix after he too saw how it performed overseas. Millar says: ‘‘It’s a perfect fit,’’ citing the family ethos and heritage values of both firms. In line with international trends, the department store has expanded and revamped its beauty department in recent years as befits the area of a store with the biggest turnover and ability to generate instore excitement. New counters, specialist areas for fine fragrance, men’s grooming, well-being and gift items have all been added. Now comes Kiehl’s with its peculiar requests, putting special projects manager Kevin Broadfoot on a search for Hog heaven while planning a giant window wrap. Of Kiehl’s, he says: ‘‘The more fun you want to have with it, you can,’’

Eyebrows and glowing skin are a key focus for M.A.C Spring Summer 2010 as seen at (clockwise from left) Carolina Herrera, Chloe and Alexander PICTURES / M.A.C Wang. Lauren Bacall’s femme fatale hairstyle was given a softer take at Dior with relaxed waves, similar to those Blake Lively is wearing. Brows are still playthings to McGrath, groomed and brushed upward, but thankfully no longer bleached or overly darkened. Cheeks are softly sculpted, but still with a flattering flush of colour on the apple

and neutral eyeshadows are giving way to cool pastels. Lips tend to be matte, but with today’s more moisturising lipsticks they have a slight sheen rather than flatness. Chanel’s Peter Philips also updated the classic house look by leaving his models’ hair dishevelled and their faces flushed, supplanting nude shades with warmer bronze

tones, another wearable winter option. The cheeky addition of temporary tattoos was a talking point, but he kept it couture by inking on pearls rather than skulls. There’s a waiting list for the stick-on variety nearly as long as that sparked by the Jade nail polish first seen at Chanel’s fall 2009 show. The collections are where fashion houses — which increasingly rely on revenue from their beauty arms — seek to start a product buzz. Not sure the grey lipstick at Rodarte or the grey hair at Gareth Pugh will catch on as fast as charcoal clothes, though there is a move to some ‘‘ickier’’ slightly off-taupe, brown and mauve shades, especially for nails. The reinvention cycle is starting all over again. As brands like M.A.C bring out products they trialled last spring, the New York collections are under way, with Paris, Milan and London soon to come. Auckland hairdresser Iain Smith of ME salon is in New York where he is tonging at the Willow show. Amber Dreadon, M.A.C’s lead makeup artist in New Zealand, is looking forward to another trip to work on a round of top shows in Milan next month. Talking through the last shows and how they’re now influencing our makeup for winter, she said it was all about ‘‘skin, skin, skin’’. From the extremes of body art and tattooing, also seen at Rodarte, Malandrino and Gaultier, to the glowing complexions underpinning the makeup for Chloe, Missoni, Calvin Klein, Balmain, Zac Posen — everywhere really — playing up naked flesh is modern makeup magic.

Dior’s neutral eyeshadows are giving way to cool pastels.

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The Business Herald 21

Friday, June 17, 2011

New Zealand stocks Share Code

NZX Market Shares

Closing quotes Buy Sell

Last Sale

Move

1000s Sold

52-week High Low

Dividend CPS t/c

Yld%

P/E Ratio

A-C ABA AIR ALF AWF AMP ANO ANZ APN ARG ASBPB ASBPA AIA AFI BRM BTU BLT BGR BPL CDN CAV CCC CDI CHA CRP TCL CLA CMO CVT CEN CFG CUE CYT

Abano Healthcare P Air NZ P Allied Farmers 0 AlliedWork Force P AMP N AMP NZOfﬁce Ltd P ANZ N APN News & Media N Argosy P ASB No.2 Pref P ASB Pref P Auckland IntlAirport P Aus Foundation Inv Co N Barramundi P Bathurst Res Ltd Ord 0 BLISTech 0 Briscoe Group P Broken Hill Prospecting 0 Caledonia Inv N Cavalier Corp P Cavotec MSL N CDLInvestments P Charlie’s Group 0 Chatham Rock Phos Ltd 0 City of London InvTst N Claridge Capital Ltd Ord 0 Colonial Motor Co P Comvita P Contact Energy P Cooks Food Grp 0 Cue Energy 0 Cynotech Holdings 0

460 108 .9 165 610 85 2810 166 82 73.5 76.5 224 577 71 135 3 135 20 3425 340 267 28 29 12 580 .7 235 170 578 35 -

465 109 1 169 612 86 2820 180 83 74 77 225.5 585 72 159 4.5 140 24 3570 350 278 29 30 13.2 598 1.5 255 172 579 44 4.9

466 109 1.1 170 612 85 2815 175 82 73 76.5 225.5 585 71 149 4.5 135 18 3425 350 283 29 29 13.5 598 .7 255 172 579 11 40 1.5

+1 17.528 - 135.584 -21 27.623 - 516.941 -30 423.85 -1 2325.081 +1 82.896 +1.5 49.024 +.5 523.886 -5 11 72 -5 7.64 -.5 6.7 -4 18.1 -35 .577 -6 11.444 90 -4 4 -.5 400 +4 5 - 400.935 35 -

550.4 154 6.9 185 778 86 3430 276 86 78.5 83 234 665 85 174 12 152 29 3950 397 340 32 32 18 645 2 265 241 629.1 11 60 3.5

430 101 .8 78 611 69 2520 175 66 66 69.9 185 567 65 74 4.5 111 15 3280 233 240 26 7.7 10 510 .2 212 135 544.4 11 30 1.5

30 10 14.57 39.67 6.62 182.01 15.9 7.19 4.68 4.77 12.07 26.82 7.92 12.86 22.94 25.71 4 1.71 27.72 22.86 4.29 35.16 -

1.64 1.20 .94 .96 1.29 .71 .93 1.00 .37 .87 1.97 1.13 13.27 .94 5.37 .97 1.11 .58 .99 -

6.44 9.17 8.57 6.48 7.78 6.47 9.09 8.77 6.41 6.23 5.35 4.58 11.15 9.52 .67 7.35 1.41 5.91 4.64 8.96 2.49 6.07 -

9.48 13.89 16.35 16.03 8.5 16.56 23.84 22.99 71.18 25.06 4.85 13.25 11.25 20.8 13.18 24.85 54.51 19.51 99.31 23.73 13.88 -

Delegat’s Group P Diligent 0 DNZProp Fund P Dorchester Paciﬁc 0 Downer EDI N EBOS Group P Ecoya Limited 0 EnergyWorld Corp 0 European InvTst 0 F&C Global N Finzsoft Solutions N Fisher&PaykelAppliance 0 Fisher&Paykel Healthcre P Fletcher Building P Foreign & Colonial N Freightways P

215 102 131 10.3 714 76 1185 1130 25 62 296 856 610 340

220 103 132 12 716 80 1235 1200 51 62.5 297 857 619 341

215 102 131 10.2 714 80 63 1200 1140 33 62.5 297 857 610 341

24.458 +1 16.9 -1 713.157 -1 16.824 4.5 +.5 1021.681 +2 132.216 -10 2919.349 -5 211.002

230 130 135 15 780 100 64 1205 1250 33 65 334 953 675 354

145 55 99 8 600 65 63 1002 900 30 50 274 716 549 262

11.43 6.46 20.39 72.86 10.42 2 17.71 34.21 14.33 20.36

.27 1.22 3.28 .82 1.51 6.51 1.12

5.32 4.93 10.20 .91 6.06 5.96 3.99 2.35 5.97

98.99 31.97 .87 11.5 17.73 23.99 5.02 13.5 29.26 18.35 6.55 21.38

4.9 132 95 79 67 370 73 220 625 371 1.5 400 183 320 1731

6.5 136 96 80 70 375 74 224 645 385 2.1 184 .1 340 1770

5.5 136 96 80 68 370 74 225 625 372 2.1 375 184 .1 325 1735

19.163 +4 15.198 - 1023.974 -1.5 2272.342 -1 6.928 -8 14.712 - 462.149 21.134 +2 232.383 1.07 -

7 200 101 86 84 462 95 250 730 440 3.8 406 202 .3 390 1920

2 125 90 61 50 348 67 133.5 625 340 1.9 325 158 .1 318 1566

14.3 7.74 1.54 44.29 12.86 30.27 6.51 24.29 9.64 26.62

1.11 .54 3.38 .98 2.63 3.12 13.34 1.39 1.60 14.66

10.51 8.06 2.27 11.97 5.71 4.84 1.75 6.48 5.24 1.53

8.57 23.17 15.12 13.01 12.15 9.49 6.62 4.28 15.89 17.05 50 4.45

Kathmandu P Kermadec N Kingﬁsh P Kirkcaldie & Stains P Kiwi Income P L&M Energy 0 Lyttelton Port P Mainfreight P Marlin Global P Mercer Group 0 Methven P Metlifecare 0 Michael Hill Intl N Millennium & Copthorne P Mowbray Collectables P

214 62 98 257 103 11.6 220 1007 96 5.5 150 216 92 44 68

218 63 99 270 103.5 13.5 230 1010 97 8 151 223 93 48 73

214 63 98 255 103.5 12 225 1010 97 5.5 151 213 92 44 75

-6 119.556 +1 22.1 44.271 -.5 606.048 -1.5 57 45 -8 255.193 33.5 -1 32.624 125 -

264 65 108 275 107 18 250 1019 102 12.9 190 235 94 47 100

153 43 83 240 90 10.5 210 610 82 5 135 186 65 39 70

14.29 4 9.92 11.43 7.88 4.14 27.14 10.23 15.19 4 1.71 2.14

1.56 1.23 1.37 .59 .65 1.84 -

6.68 6.35 10.12 4.48 7.61 1.84 2.69 10.54 10.06 4.35 3.90 2.86

13.71 9.18 38.68 19.11 21.18 5 12.52 -

25 164 52

26 168 53

25 164 53

38 175 56

18 155 49

2.14 7.86 4.55

1.56 -

8.57 4.79 8.59

10.67 -

D-F DGL DIL DNZ DPC DOW EBO ECO EWC EUT FCS FIN FPA FPH FBU FCT FRE

G-J GEN GFF GMT GPG GLL HLG HNZ HBY HFL HRP HGD HED INP IFT INS JFJ JMO

Share Code NPX NZE NZS NZO NZR NWF NZF NZX OGC OIC OMG PBG PEB PPP PGW PHB PRC POT PPG PFI PLU PPL PGC

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NZX Market Shares

www.chicksattheflicks.co.nz

Nuplex Industries N NZExperience P NZFarming Systems 0 NZOil & Gas N NZRefining Co P NZWindfarms 0 NZFGroup 0 NZXLimited P OceanaGold 0 Opus Intl P Orion Minerals 0 Pacific Brands N Pacific Edge 0 Pan Pacific Petroleum 0 PGGWrightson 0 Pharmacybrands 0 Pike River Coal 0 Port ofTauranga P Postie Plus 0 Prop For Industry P Pulse Utilities NZ 0 Pumpkin Patch P Pyne Gould P

Closing quotes Buy Sell 306 308 33 42 69 70 88 89 378 385 15.2 16.5 2.4 3.5 235 236 310 320 218 219 2 85 28 29 19 19.5 51 52 51 54 877 878 25 26 120 122 38 104 105 38 39

Last Sale 308 33 70 88 378 15.2 3.5 236 310 219 2 85 28 19.3 51 51 88 875 25 122 38 104 39

Move -4 -1 -7 -1.8 -8 -1 -2 -5 -

1000s Sold 100.073 1.25 7.5 174.793 24 18.333 57.19 59.745 40.317 95.605 731.485 22 22.568 301.609 420.29 174.899

52-week High Low 377 277 42 30 73 39 139 80 520 290 26 15 21 2 259 139 541 290 240 153 2 2 146 85 32 17 25 18.6 62 43 55 29 123 85 915 655 37 24 123 110 50 38 208 98 49.7 28.2

Dividend CPS t/c 21 1.50 3.57 2.14 5 17.14 1.72 18.21 .59 11 2.02 4.26 42.86 1.08 8.35 .65 11.43 1.44 8 -

Yld% 6.82 10.82 5.68 4.54 7.72 5.02 5.01 4.90 6.84 10.99 20.50

P/E Ratio 9.8 6.18 18.36 31.11 11.89 14.1 8.26 28.99 9.88 27.07 3.23 26.28 1.62 9 -

102 15.2 253 64 270 84 526 .3 145 13 240 120 361 562 19 33 330 262

103 17.9 254 2 69 271 85 529 .5 150 16 250 123 362 570 20 35 265

103 14 253 5.8 69 271 85 526 .3 145 16 245 120 362 564 20 33 330 387 265

-2 -4 +1 +1 -9 -5 -4 +5 +3

97.152 104.7 16.793 331.876 30.051 10.89 7.813 58.838 1077.717 54.594 3.2 41.704

133 40 285 6 135 284 85 565 .8 160 26 315 136 379 590 37 40 340 280

86 14 225 5.8 64 196 69 386 .2 105 15.1 215 63 279 462 18 29 252 200

24.29 7.2 3.57 32.86 8.57 45.71 6.43 24.64 21.43 2 25.71 15.71

1.46 2.78 .12 1.77 2.31 1.39 2.16 .98 1.95 1.34 .91 1.15

9.60 2.66 4.20 6.25 5.91 18.66 5.36 6.81 3.80 6.06 7.79 5.93

22.18 10.16 13.53 276.87 12.93 10.47 5.5 12.37 21.42 19.31 12.35 20.18 20.89

Tag Pacific 0 TeamTalk P Telecom NZ P Telstra N Templeton N Tenon 0 The Bankers InvTrust N Tourism Holdings P Tower P Transpacific 0 TRS Investments 0 TrustPower P Turners & Growers N TurnersAuctions P Vector P Vital Healthcare P Wakefield Health P Warehouse Group P Wellington Drive 0 Westpac N Widespread 0 Xero 0

14 215 239.5 395 1267 81 835 68 159 735 170 136 248 117 520 360 1.4 2782 12 215

225 240 402 1270 88 850 70 160 .1 740 179 137 250 118 550 362 1.6 2795 18 220

12 225 240 398 1265 90 835 70 160 865 .1 735 170 136 248 118 550 362 1.5 2782 12 220

-3.5 10523.015 +3 212.792 -20 4.886 -15 6.087 +1 35.74 -1 133.051 21 -2 15.836 -4 20.6 -4 107.308 - 398.153 -1 48.345 -68 726.187 -1 19.355

18 230 254.5 440 1445 129 920 95 209 .2 765 181 150 267 125.6 705 405 7.5 3455 21 316

12 190 178 324 1155 85 750 55 160 .1 712 134 125 202 102 503 330 1 2512 10 139

28.57 21 36.54 7.96 25.96 2.86 14.29 50.79 6 24.29 20.36 8.55 21.43 41.43 197.23 -

.96 .96 .94 26.86 5.16 .98 1.62 .91 .75 .65 .80 2.09 .27 1.25 1.71 -

12.70 8.75 9.18 .63 3.11 4.08 8.93 6.91 3.53 17.86 8.21 7.25 3.90 11.44 7.09 -

11.72 15.23 11.58 5.92 30.1 6.24 35.61 9.88 126 20.62 37.95 12.3 21.87 7.14 133.85 10.01 8.27 .92 -

Q-S RAK RNS RBD RIS RBC RYM SAM SAN SVY SCT SLG SEK SKL SKC SKT SPY SCY SPN SPT STU

T-Z TPC TTK TEL TLS TEM TEN BIT THL TWR TPI TRS TPW TUR TUA VCT VHP WFD WHS WDT WBC WID XRO

K-M KMD KPF KFL KRK KIP LME LPC MFT MLN MGL MVN MET MHI MCK MOW

N-P NEW New Image P NTH Northland Port P NPT NPTLtd Ord Shares N

6 40

Key: i= paysafullyimputeddividend;p= partiallyimputeddividend;n=unimputeddividend

NZDX MARKET Share

NZX Market Bonds

AIA050 APM010 BLU020 CBAFA CEN010 CASHA FCGHA GFN020 IFT090 OCFHA PIN020 PWC080 RBOHA WKS010 WKS020

Coupon rate %

Maturity date

6.83% 7.86% 13.1% 4.19% 8.00% 5.30% 9.0% 8.5% 4.95% 0.00% 6.59% 4.211% 9.80% 9.65%

29/07/11 15/03/16 15/09/2012 15/04/15 15/05/14 15/12/13 15/02/20 30/11/2012 28/09/2012 15/06/12 15/09/12

Closing quotes Buy% Sell% 148.00 92.50 5.25 82.50 84.00 7.90 8.50 65.80 9.89 82.50 23.50 6.30

8.10 130.00 92.75 5.15 83.50 86.00 7.60 8.35 68.00 83.00 23.00 6.20

Last sale 3.20 8.20 140.00 92.75 5.25 84.00 85.00 7.60 8.50 65.80 9.90 4.57 83.00 23.50 6.20

1000s sold

Price/$100 face value

145 58 135 428 7.5 353 25 186 100 20

9919.10 3269.01 9275 10843.19 8350 8600 10328.71 10176.67 6800 8300 8882.26 10422.34

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COURTS & CRIME

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The New Zealand Herald ★ Wednesday, May 5, 2010

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OUTRIGGER ON THE LAGOON FIJI HENDERSON: Police want to talk to these two men about a dairy robbery.

HENDERSON

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Who are the two men caught on security camera? Police want to talk to them about a robbery at the dairy at 262 Lincoln Rd at midday on March 15. If you know who they are or if you were in the area and saw anything suspicious phone Constable Heber Gasu of Henderson CIU on (09) 839-0650.

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Chunji Gao, 16, has not been seen since April 16, when he had lunch at home with his family. He has not taken any extra clothes or his wallet, and although he has gone missing before, he has always turned up after a day or two. He was last seen wearing blue trackpants, a dark sports jacket and yellow shoes. If you have seen him or know where he is phone Sergeant Brett Meale on (09) 272-0921.

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Who is the man in the hoodie outside the window of the Mobil service station on the corner of Bairds and East Tamaki Rds at about 4am on July 12 last year? He and a mate were talking to a third man before threatening him and taking off with cash from his wallet. They were then driven to a house in Rongomai Rd in Otara. Information on the man’s identity to Constable Brendon Smith on (09) 272-0944.

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NOVEMBER 13, 2011 EDITION 371 NOVEMBER 13, 20 11 EDITI ON 371

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Over and out Our editor asks: Is cricket coverage a waste of space? Opinion p74

■ World Cup winner Zac Guildford goes ‘completely psychotic’ on Paciﬁc island ■ Staggers nude into restaurant, hits two patrons and is carted away ■ Leading rugby writer says it may well end The Mountain Warrior replaces Jonah Lomu in the Fight for Life, his sports career

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The former Australian cricket captain’s form slump is one area the Black Caps need to target in the upcoming series

Bad boy Zac Guildford’s latest brush with the bottle could end his All Black career.

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to associate with complainant Christie Marceau whilst on bail’’. He was bailed to his mother’s house, 1km from where Christie lived, despite strong police opposition in court. On the night of the earlier incident, a source said, Chand called Christie and asked to meet her. She went to see him, and was allegedly threatened with a knife. Christie eventually left the scene and police arrested Chand soon after. A psychiatric report done at the time concluded Chand ‘‘didn’t have any issues’’. It is understood police were making regular bail checks on Chand, who had not previously been in trouble with the law. Christie lived with her parents Tracey, an accounts assistant, and Brian, an avionics technician who was in the Air Force for many years. Mrs Marceau’s mother, Shirley, also lived at the property and Christie’s older sister, Heather, 24, is based at Whenuapai as a senior supply specialist for the Air Force. It is understood Mr Marceau was out of the country when Christie was killed. He rushed back via Australia. Mr Libby said Christie’s family were extremely traumatised and did

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An 18-year-old charged with the murder of an Auckland schoolgirl in her home on Monday was jailed after allegedly kidnapping her in September and was bailed last month — on the condition he did not go near her. Christie Alexis Lesley Marceau, 18, was found dead in her home in Hillcrest on Auckland’s North Shore about 7.15am on Monday. Police said Akshay Anand Chand, who will turn 19 on Friday, was at the address when they arrived. They also found a bloodstained knife. Chand was taken into custody and after being interviewed by police, he was arrested and charged with the murder of Christie. Detective Senior Sergeant Kim Libby said Chand was known to Christie but said the pair did not have a relationship. He would not comment further. Chand appeared in the North Shore

West Side Tory sees his chance

on her page was ‘‘overwhelming’’. she was just an ideal person to have on player and a member of one of North ‘‘She was beautiful. Maybe one day a team. You never had any issues with Shore United’s senior women’s teams. she’ll be able to forgive him. But for how she got along with others.’’ Coach Mark Paterson said he was now, she is at peace,’’ wrote one friend. Mr Paterson said Christie was shocked and saddened. Friends of Chand also wrote on popular with her team-mates. ‘‘She’s one of those people that’s Facebook. ‘‘She was one that was always just naturally happy, an outgoing ‘‘Oh Akshay buddy . . . extending my smiling at training. Even when it was person,’’ he said yesterday. love to you. Whatever sadness in your pouring with rain she would see the Christie had been playing for the by Isaac Davison heart brought you to this point I pray funny side of it.’’ club for three or four years. that God will meet with you wherever ‘‘I coached her last year. In all MP Chris Christie also rode with the Auckland ith long-time Te Atatu you end up,’’ said one teenager. Central Cycling Club for several years honesty, she probably wasn’t the most Carter exiled to Afghanistan, ‘‘My heart breaks for Christie and and participated in rides and time trials talented player on the field, but that the National Party’s Tau her family . . . It’s a messed up situation didn’t stop her frommay giving it everything. Henare feel his time has around Auckland. . . . but I know in my heart of hearts that Many of Christie’s friends went on ‘‘She was a really good team player. come to claim the west Auckland seat for the more hatred and condemnation is not Facebook to pay tribute to her. Mr Shetime. got on with everyone, she was first what Akshay needs.’’ always in awho good mood. In that sense Henare, calls himself the ‘‘West SidePaterson said the number of messages Tory’’, has been steadily scraping away at Carter’s stranglehold on the electorate, not want to speak publicly. Chand’s mother appeared strained until November 29. photographs of from Chand in court. reducing the gap 11,000 votes in the The family were not at court yester- 2003 general She told the court Chand was not when approached by the Herald at her She saidelection publishing images of him to 4000 in 2008. day when Chand made his first appear- inHe thewill newspaper would be abythreat to under any mental health care, but she home yesterday. also be encouraged a huge ance on the murder charge. She did not attend court but had his ‘‘ongoing’’ health issues. swing in supportmental at the previous election, was seeking a private psychiatric He appeared in court wearing a whenBut spoken to her son’s lawyer after his she could notclaimed produce the National Party theany party assessment. blue boiler suit and stood silently in the vote A report by a police forensics expert appearance, she said. medical evidence that margin threat in forthe by 12 votes — theof closest ‘‘I can’t discuss him, he is over 18.’’ Judge David Burns, who agreed it was following an interview after Christie’s dock, looking towards the public gal- country. She confirmed Chand lived with the public interest to publish photos. lery several times. His family were not inIn Henare’s way is Labour Party list MP death had been given to Ms Lowe. The expert did not believe there her, but said she had not spoken to him Lowe who did not for bail, nor in court. Phil Ms Twyford, hasapply replaced Carter in didTeshe seek name suppression for were any issues with Chand’s fitness to after his arrest and did not know the His lawyer, Mary-Anne Lowe, tried the Atatu candidacy after coming second circumstances. who remanded custodyin enter a plea to the murder charge. to legally block the Herald taking inChand, the past twowas elections whilein standing the North Shore. The Oxfam New Zealand founder has served one term in Parliament, but his placing of 33 in this year’s Labour Party list means his return to the Beehive is far from secure. A Herald DigiPoll survey last week They crossed the Tasman Sea years predicted that Labour would get 36 seats. apart, but two New Zealanders living in After Carter was expelled from his party Australia have the same simple last year and left for a job in Kabul, Labour explanation for their move: opportunity. Party president Andrew Little said Carter’s Chloe Boyce-Bacon, 21 Spent several months looking for would have to repair the Permanent and long-term net migration replacement to Australia,12-month moving average. employment after graduating with a damage done by his messy departure. 50,000 communications degree from Auckland But despite Little’s warning, a lot of goodwill remains in Te Atatu for Carter’s University of Technology last year. 40,000 ‘‘There was hardly anything, and work in 15 years as an MP. when you do apply you are competing Twyford knows he cannot take it for 30,000 with everyone else from your degree. And granted that this goodwill will automatically Chloe Boyce-Bacon Jeff Safey transfer to him. He plans to hold 100 street it was crap pay as well.’’ 20,000 After moving to Perth in February she meetings in every corner of his electorate found much of it was inevitable. quickly found a job as a marketing and before November 26. 10,000 ofin New Zealand’s andand public transport. consultant, andhave earns Last month, he attended a White Sundaycommunications Te Atatu residents feel they been given The a rawsize deal terms of roading Australia’s natural resources meant there event at the Samoan church in Te Atatu andaround $50,000 a year plus commission. 0 ‘‘If I stayed in New Zealand I would sat patiently in his pew for the entire Two local issues are likely to definewould the always be a pull across the Tasman, he said. be working in retail for— transport and 31⁄2-hour service. Most of the congregation probably election race in Te Atatu -10,000 ‘‘We’re living in the moonshine of 1979 1984 1990 2008 2011 jobs. Ms Boyce-Bacon said. She had never1999 heard of Twyford, but were now $30,000,’’ Australia, the reflected glory. There’s just had ‘‘noResidents plans’’ to return to New feel they haveZealand. drawn voting for him. so much work here, it’s phenomenal.’’ Safey, 51 short straw in terms of roading National Labour National Henare toldLabour Nat seat Jeff Auckland’s the Herald the Te Atatu He felt New Zealand’s economy was Left Zealand in 1995 and now was now a level playing field, but he was andNew public transport. * ** performing well compared to other wary of the support that remained for the runs a successful The maindatabase rail network veers away from Western nations, and voters wouldn’t business in Brisbane.and crippling Labour Party from Carter’s time in the seat. administration the area towards Helensville, Twyford has tabled an alternative — a Net annual average loss to Australia reforms an attempt to city. He said that although migration The former New Zealand First MP was congestion affects not only thetoNorth- tolerate radical busway frominWestgate to the catch Australia. wasMotorway a rallying-cry formost opposition * Average loss April 1978-July 1984. Data before April 1978 not of available online. ** Latest available data one the biggest losers in National’s list Australia western but arterial roads. Te Atatu has also felt the pinch of the — Nicholas Jones politicians, once in government they Source: reshuffle, Dr James Newell, MERA;16 Statistics NZ.to HERALD GRAPHIC falling places 40, but he Henare believes National’s backing of economic downturn more acutely than should still ease into Parliament from there. the Western Corridor will win votes, but many areas, because its younger-than-

Christie Marceau’s boyfriend, Joseph Burton-Burn, wrote an emotional message to friends on his Facebook page yesterday. ‘‘I have been a mess. Yesterday I lost someone very close to me. My girlfriend Christie was killed . . . this has been such a hard time,’’ he said. Soon after she was killed, he wrote to her: ‘‘Please come back’’. Christie attended ACG Parnell College and was in her final year. Others who knew her were mourning a ‘‘beautiful’’ girl, known for her smile and happy attitude. The 18-year-old was a keen hockey

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Rush to Oz hits record high under Key from independent Wellington demographer Dr James Newell, to check election claims by Labour leader Phil Goff that ‘‘100,000 New Zealanders have left for Australia’’ under Mr Key. Mr Goff repeated that claim yesterday as one of a ‘‘top 10 facts’’ on Mr Key’s premiership. His list also includes higher unemployment and prices, and a $32-a-week widening of the wage gap with Australia over the three years. ‘‘The 10 key statistics I have released today will not improve until New Zealand has the leader who makes the tough calls and does what’s right for the future, not what’s easy for today,’’ he said. But Dr Newell’s analysis, using rolling totals for the year up to each month, shows a long-term worsening trend in the net exodus to Australia since it last turned negative in December 1991. Arrivals from Australia have been

generally steady at around 10,000 to 15,000 a year throughout that period. Departures to Australia rose gradually from around the same level to a peak of 42,000 in early 2001, plunged in the panic after the attack on New York’s World Trade Centre that September, rose gradually again to another peak of 48,500 at the end of 2008, plunged again in the global financial crisis, and have climbed back steeply to a new peak of 48,800 in the year to September this year. The departures are rising steadily, dropping to a low of 23,200 after 9/11 but only to 30,500 at the latest low point after the financial crisis, reached in April last year. Throughout the period, the main reason has been that output and real wages have grown more quickly in Australia than in New Zealand. ‘‘It’s about the relationships

■ Continued on A2

21,492 24,752

Nice Blocks (top) is an Auckland start-up that makes ice treats (in lemon, lime and bitters, chocolate fudgesical and tangelo lemonade flavours) from local produce, with half the sugar of a conventional ice-block and attractive packaging. Great idea to have an adult-friendly ice block, eh? Then along comes the Ice Bar Co . . . looking all bespoke, offering similar flavours, but looking a little too slick. According to the website, ‘‘We’re just a group of people who collectively thought that it was about time ice blocks grew up. Simple as that.’’ Er, not really. Buried in the terms and conditions it says Fonterra’s frozen confectionary arm Tip Top is behind the brand.

Te Atatu Sth Glendene

WAITAKERE

MT ALBERT

NEW LYNN Candidates:

Dominic Costello

CROSSING THE DITCH

17,980 19,587 9342

How to bury the competition

Te Atatu Peninsula

Lincoln

LAND OF OPPORTUNITY

A lot of goodwill remains in Te Atatu for Chris Carter’s work in 15 years as an MP.

Waitemata Harbour

West Harbour Massey

Act

Tau Henare

National

Cynthia Liu

Conservative

Gary Stewart

Green

Phil Twyford

Labour

2008 ELECTION RESULTS Electorate vote Chris Carter (Labour) 16,459 53.44% Tau Henare (National) 11,161 36.24% Party Vote National Labour NZ First Green

Picture / Natalie Slade

Harvest time: Not the best choice of words in this headline . . .

41.54% 41.5% 4.18% 4.0%

Rates locked in Greg’s new valuation for his Manukau home is down — bugger, he says. ‘‘But then again, great. I’ll get a lower rates bill,’’ he adds. ‘‘But no. I must pay at the higher rate for another year because the valuation will not be recognised until June 1, 2012. But I bet if I improved my home they’d charge me from the day it was done, not a year or two later. How can they get away with this?’’

2005 ELECTION RESULTS Electorate vote Chris Carter (Labour) 18,087 59.37% Tau Henare (National) 7640 25.08%

average workforce is over-represented in retail, construction and trades. The party with the most attractive jobcreating policy is likely to win the vote from residents, who earn below the country’s median income. There are three other candidates for the Te Atatu seat, but the electorate has traditionally been a two-horse race. No candidate outside the two main parties gained more than 4 per cent of the vote in the 2005 and 2008 elections.

Party Vote Labour National NZ First Green

52.03% 30.38% 5.87% 3.87%

Deliveries are within targets A reader writes: ‘‘NZ Post says most mail arrives within three days of its target delivery. Fast Post is supposed to be one business day between main centres. If it takes three days it wouldn’t even be classified as late, by NZ Post’s standards.’’

HERALD GRAPHIC

ELECTION COUNTDOWN COVERAGE 5, 6, 11, –18;making B2, 3, 4change look better than drift Labour’sA4, problem OPINION

second term for John Key and National would be much the same as this one has been, the prime minister said last week. ‘‘I think in a lot of ways it will have a very similar look and feel to it . . .’’ The comment summarised what this election is all about. Asked if the country is on the right track, people say they are satisfied. The global economy and earthquakes created excuses for the poor results of the past three years. People want more of the same so the Government is popular. National is mostly not even releasing much new policy because that implies a change of direction. The flip-side is that Labour is polling

JOHN PAGANI behind National because oppositions represent change. Therefore Phil Goff has to make the case for change before he can even get around to making the case for the kind of change he would represent. Trying to persuade people of things they don’t already believe is far harder than persuading us our prejudices are incorrect. There isn’t much choice for Phil Goff, so this week he listed John Key’s record: The economy has grown only 0.4 per cent

since he took office; unemployment is up by half; prices went up four times faster than wages; one hundred thousand of us have gone to Australia because wage packets there have grown another $32 fatter than ours since John Key took office. Labour risks making the election a referendum on the Government’s time in office, and voters believe National has done OK. But it’s valid to ask what National has done to improve any of those dismal scores. A cycle lane is not exactly game changing. The other way Labour is trying to dent National’s ‘‘more of the same’’ complacency is by highlighting long-term risks. We have a national borrowing habit, our industries are too narrowly based, and we need to make retirement more affordable. So they’ve ended up highlighting policies that are not exactly populist, including a

capital gains tax and increasing the retirement age. Change is inevitable, so we might as well begin. But change is also a risk, which is why voters are rewarding a government that is cautious and conservative in tough times. John Key sought to highlight the risk of change last week in the Press internet debate, with the ‘‘show me the money’’ line that has become notorious. Hisassertion of a giant hole in Labour’s books has been widely repeated. But his accusation of a $17 billion hole was based on thin air, and if it turns a single vote it will be a travesty. Mr Key informed us he was sure of this figure because he has spent his life working in finance. Yet today, there is not an expert anywhere who believes the claim of a $17 billion hole stacks up. Even the National

Ten days’ grace ‘‘There isn’t much about ‘specified targets’ on NZ Post’s website,’’ said another reader. ‘‘But I did find this: ‘The delivery target time for International Air is between 3-10 working days’ . . . if the specified target is loose enough, of course you can say that only 0.1 per cent arrives outside it . . . ’’

Party has abandoned the figure. Mr Key was implying a huge spending gap exists in Labour’s alternative, when he knew that was never true. It wasn’t a bad day’s work: A week of headlines suggesting Labour had done its sums wrong, based on an attack that was not only wrong, but which the Prime Minister knew to be wrong. The more risk he can associate with Labour, the less appealing he can make ‘‘change’’. Drift got us through the last three years, but not very far. If National is reelected, nothing will change.

Statistics tell another story Yet another reader writes: ‘‘If NZ Post says that in the past year 95.5 per cent of the 800 million items of mail ‘arrive within the specified delivery target’, then that means 36 million items of mail were lost or did not ‘arrive within the specified delivery target’, and that 36,000 items took more than three days to deliver. If there are 4.4 million Kiwis in NZ (Stats NZ website) and 533,451 companies (Companies Office website), that means there are around seven items of lost or late mail for every New Zealander and company in the country.’’

THREE ELITE DEALERSHIPS IN AUCKLAND John Pagani is a former adviser to Labour leader Phil Goff and former Progressives MP Jim Anderton. He blogs at johnpagani.posterous.com

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New Zealand’s net loss of people to Australia has averaged almost 25,000 a year in the three years since Prime Minister John Key was elected — a higher net loss than the average under any previous government. Almost 113,000 people moved to Australia on a permanent or long-term basis between the end of November 2008, when Mr Key was elected, to the end of September this year. The number is offset by the 43,000 people who moved back to New Zealand. The result is a net loss of 70,130 people — or 24,752 a year. The previous record average net outflow was 21,492 a year under Helen Clark’s Labour Government between 1999 and 2008. The figures have been calculated by the Herald, based on Statistics NZ data

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nzherald.co.nz

17 DAYS TO GO

The pressure is on in most electorates as the election looms, but in some, the battle will be especially close. Over the next nine days we will take a closer look at these seats. Today: Te Atatu.

Christie Marceau was found dead in her home on Monday.

Man charged with murder also facing kidnap charge

THE BACK PAGE

The New Zealand Herald ★ Wednesday, November 9, 2011

ELECTION 2011

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Friday, March 4, 2011

STOCK TAKES

Jamie Gray SIR RON'S RETORT

BUOYANT FLETCHER September’s Christchurch earthquake and its even more devastating aftermath last week have not been lost on Fletcher Building’s army of followers. The stock currently trades at around $8.50, about $1 higher than its preSeptember levels. The company’s takeover bid for Australian plumbing supplies and plastic pipelines maker Crane Group does not appear to have done the stock any harm either. Fletcher Building had already been selected to undertake project management for the Earthquake Commission after the September quake. The company had also signed up for $190 million of infrastructure repairs in a joint venture with McConnell Dowell. As a result of the February 22 quake, Fletcher Building’s residential repair programme is on hold, chief executive Jonathan Ling told an investors’ briefing. He said there had been short-term disruption to trading but Fletcher Building’s Canterbury operation received only minor damage. But with about 10,000 Christchurch homes made uninhabitable by the quake, severe damage to the city’s infrastructure, and about one third of the buildings in the CBD either destroyed or scheduled for demolition, Fletcher Building will have a full order book. Goldman Sachs NZ has upgraded Fletcher Building to ‘‘buy’’ from ‘‘hold’’ as a result of the latest earthquake. ‘‘In the medium term, we expect Fletcher Building to benefit materially as volume and operating leverage compounds through to a significant boost to earnings,’’ the brokerage said in a research note. Shares closed at $8.71 yesterday, up 17c.

The Business Herald 9

There is no love lost between Brierley Investments founder Sir Ron Brierley and former NZ Shareholders’ Association chairman Bruce Sheppard, going on their latest email exchanges. The February 16 issue of Stock Takes published parts of Sheppard’s response to Sir Ron’s letter to current chairman John Hawkins which labelled the association as ‘‘anonymous corporate busybodies’’ and ‘‘show ponies’’. Sheppard responded angrily, accusing Sir Ron, among other things, of being out of touch with the evolution of capital markets. In Sir Ron’s latest missive, forwarded to Stock Takes, he says: ‘‘Shareholder associations are fine in theory but, in practice, they become a refuge for misfits, malcontents and blowhards. ‘‘You presume to lecture me on corporate integrity but I was a shareholder activist decades before you knew what the words meant. Wellington Trust Loan and Investment in 1959, Hallenstein Bros in 1960 etc. ‘‘I quickly realised an individual was essentially powerless, and that capital with commitment was necessary — hence the incorporation of BIL on March 30, 1961,’’ Sir Ron writes. ‘‘Also known as ‘skin in the game’, which you and NZSA have never had. That’s all for now! Regards Ron.’’

BLUE STAR REFINANCING News that printing company Blue Star Group has improved its financial performance will be of some comfort to its bond holders. The company says initiatives to reposition the printing business in Australia and New Zealand over the past 12 months are beginning to show through in an improved financial and operating performance. Blue Star’s normalised earnings before interest tax, depreciation and amortisation (ebitda) increased 3.3 per cent for the group in the six months to December 31. Winning the ACP Media New Zealand printing contract this year was a step in the right direction for the company. Blue Star says it has the support of its senior lenders and its major shareholder, Champ. A refinancing package, including a further cash commitment from its shareholders, is dependent on a number of requirements which, once satisfied, will extend the current senior facilities from 2012 to 2015, the company said. Details of the revised package, including the proposed terms of the capital bonds refinancing, will be announced soon. Blue Star’s September 2012 bonds currently trade at 28c in the dollar.

NUPLEX'S PARTING SHOT The Securities Commission and Nuplex Industries announced last week that they had reached an out-of-court settlement, involving the company paying just over $3 million to all its shareholders who bought shares between December 22, 2008 and February 18, 2009. Nuplex shares would have plunged by as much as 30 per cent had the company

TAKE THAT: Sir Ron Brierley doesn’t mince his words about Bruce Sheppard and the Shareholders’ Association. Picture / Greg Bowker

NUPLEX $

3.70 3.60 3.50 3.40 3.30 3.20

Close=$3.39

acknowledged caused loss to any other person’’. Nuplex shares, which have been under downward pressure since late last month, closed up 5c at $3.39 yesterday.

NICE TRY SEP 3, 2010

MAR 3, 2011 Source: Bloomberg / HERALD GRAPHIC

informed the market it was in breach of its covenants when the information first became available, the commission said. The NZ Shareholders’ Association said the Securities Commission has demonstrated a cynical disregard for the rights of shareholders in reaching the settlement. ‘‘The reparations and costs of $3.2 million will come from the Nuplex shareholders themselves, as it is the company that has agreed to the settlement,’’ the association said: ‘‘This is a classic robbing Peter to pay Peter scenario.’’ Nuplex is no doubt happy that the issue has been laid to rest, but it has highlighted the following clause in the settlement: ‘‘The acknowledgement made by Nuplex in the settlement agreement is caveated, in that it is stated to have been made between the commission and Nuplex only and is neither an admission of liability to any other person nor an admission that the matters

REDgroup’s voluntary administrators, Australia’s Ferrier Hodgson, survived a challenge to its appointment at Tuesday’s first meeting of creditors. Only one of the 200-odd creditors, NZ Customs Service, put forward a motion to fire the multinational in favour of local administrator, Damien Grant, of Waterstone Insolvency. Creditors have complained that Ferrier Hodgson’s A$625 ($846) an hour rate looked a bit steep, to say the least. Ferrier Hodgson’s John Melluish, who chaired Tuesday’s meeting, told creditors REDgroup’s size meant that it was likely to have been dealt with by either Ferrier Hodgson or any one of its Sydney-based competitors, who all charge about the same rate. Any plan to oust Ferrier Hodgson was not going to happen, because it required 75 per cent support from creditors by value and more than 50 per cent by number. REDgroup, owner of the Whitcoulls book retail chain, was thrown a lifeline by its owners, Pacific Equity Partners, late last year. The company’s secured debt stands at

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A$118 million, most of it owed to PEP, so PEP is its largest creditor. As it turned out, NZ Customs Service’s proposal gained the support of just one creditor — itself.

SKELLERUP $

Close=$1.28

1.20 1.00 0.80 0.60

MAR 3, 2010

MAR 3, 2011 Source: Bloomberg / HERALD GRAPHIC

SKELLERUP RETURNS Specialised rubber goods manufacturer Skellerup Group has seen a solid return to investor favour over the past 12 months, during which time its share price has more than doubled. The company, which said last week that it would not be affected by the Christchurch earthquake, reported a net profit of $9.8 million for the six months to December 31, almost triple the number reported for the previous corresponding period. Skellerup is now looking at a net profit of $18.5 million to $19.5 million for the year to June 30. Shares closed up 1c yesterday at $1.28.

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