Greece approves austerity plan

12:01pm LATEST: Greek parliament approves a deeply unpopular austerity bill to secure a second international bailout and avoid a messy default.

Freightways profit soars

11:53am Strong performance has seen express package and information management company Freightways' profit rise 16 per cent in the December half-year.

Night milking for sleepy time

Specialised milk collected from cows at night is claimed to help people with sleep disorders.

Shares fall ahead of Greek vote

Market open

11:04am New Zealand shares fell at the open, as investors pulled back on their holding in riskier assets ahead of a key vote in Greece on the latest package of austerity measures.

Bathurst court date possible today

11:04am Bathurst Resources is likely to have a date for an Environment Court hearing on the miner's plans to expand a coal project after a pre-hearing conference today.