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Should the Christchurch City Council sell some of its assets?

Yes, it is the most sensible way to raise money

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Related story: Council asset sales mooted to help raise $900m

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Business

Mine delay costs Bathurst

Bathurst Resources escarpment mine Coalminer posts a $188.9 million annual loss after it slashed the value of its Buller project.

Lyttelton Port 'unsafe'

Brad Fletcher Union leader questions ability of Lyttelton Port's $1m-a-year chief executive after port's third death.

Porters plans chair lift

Porters chair lift Porters' skifield is installing its first chairlift and promising a major revamp of the learners' slope.

Consents at six-year-high

Construction generic Auckland and Canterbury continue to lead the way as about $1.38b of building work gets the green light last month.

Mercer Group slides into the red

coins money new zealand kiwi The stainless steel fabricator has posted an annual loss of $483,000.

  VALUE MOVEMENT
NZX50 5,214.555 arrow -22.959 -0.44%
ASX200 5,625.900 arrow 1.500 0.00%
DOW 17,079.570 arrow -42.400 -0.30%
NASDAQ 4,557.690 arrow -11.900 -0.30%
FTSE 6,805.800 arrow -24.900 -0.40%
NIKKEI 15,424.590 arrow -35.300 -0.20%
H-SENG 24,742.060 arrow 1.100 0.00%

NZX50 20 min delay, others last close

Indices Top Movers Currencies
  PRICE MOVEMENT
PPP 0.079 arrow 0.023 41.07%
VML 0.017 arrow 0.002 13.33%
NWF 0.056 arrow 0.006 12.00%
MGL 0.175 arrow -0.020 -10.26%
PIL 0.045 arrow 0.003 7.14%
EUT 14.390 arrow 0.750 5.50%
RBC 0.390 arrow 0.020 5.41%

Price as at 6:50 pm, 29 Aug

Indices Top Movers Currencies
RATE
Australian Dollar 0.897
Euro 0.635
British Pound 0.505
Hong Kong Dollar 6.492
Japanese Yen 87.090
Singapore Dollar 1.045
US Dollar 0.838

Price as at 12:10 am, 30 Aug

Consents at six-year-high

Construction generic Auckland and Canterbury continue to lead the way as about $1.38b of building work gets the green light last month.

HomeStart help on housing ladder

Grant could help nearly 12,000 first or second-home buyers in Canterbury.

Bigger grants for pricier homes

Nats' lure for home buyers

Land key to housing crisis

killick.strap The high price of Christchurch land is 'crazy' given it is not a densely populated city, says World Bank planner.

'Food hub' for central city site

A bare site in Victoria St in central Christchurch is to become a container food hub - perhaps with a weekend farmers market alongside.

Council making money out of thin air

Trying to lighten ratepayers' load

Town Hall repairs in limbo

The council wants to hear from firms keen to rebuild the Town Hall although the project may not go ahead.

New-tech heat plan for centre

Andre Lovatt Cool new technology will heat some of Christchurch's oldest buildings if tests under way now prove the concept is feasible.

Coffee and Jam sessions mark first birthday

A novel effort to bolster entrepreneurship in Canterbury celebrates its first birthday tomorrow.

Matchmaker to the arts

Charity seeks talent to fund

Cupboard never bare with hi-tech kit

A new workplace medical kit could end the days of depleted first aid cupboards.