subject: 17 October, 2004 
----- WYSIWYG NEWS ------------------------------ 
Copyright, Brian Harmer  

At Greta Point, in Evans Bay, there is a restaurant that, 
in its present incarnation, is called Eden. Early this 
week, I had occasion to take a guest lecturer there for 
an early dinner before putting him on a plane back to 
Auckland. After a grey and somewhat scruffy start to the 
day, the city turned on a perfect evening, and the 
restaurant provided the perfect vantage point from which 
to view it. This is not intended as an advert for Eden, 
though I usually enjoy the food there, even if I do 
resent vegetables or salad being "extra". The restaurant 
is partially on piles over the water, and looks from 
Greta Point across the remains of the old patent slip and 
South across the harbour towards Kilbirnie. To the East, 
the view is directly across the bay to the hills and the 
cutting that guard Miramar peninsula from the West. 
Beyond the peninsula, the perfect golden clarity of the 
late afternoon light picked out the high peaks across the 
harbour. We were seated against the Eastern windows, and  
had an uninterrupted view of the sea at our feet and the 
bay beyond. The water below us was glassy calm and 
provided a perfect place for the kayakers who were 
performing seemingly effortless laps around a circuit 
denoted by a set of coloured buoys. Strands of the 
seaweed known as "Neptune's necklace floated by. A sudden 
ripple in the otherwise still water marked the emergence 
of a shag from a fishing expedition, apparently 
unsuccessfully. A large flock of terns swooped by in 
perfect formation, following some mysterious invisible 
pathway as if they were on rails.  Since it was the 
evening rush hour, a steady succession of Boeing 737s and 
the occasional Airbus made their growling ascent under 
noise abatement procedures to the North, and between 
times,  the lesser fry, ATRs, Saabs, Jetstreams and 
Metroliners buzzed by at lower altitude. A fleet of small 
yachts emerged from the Evans Bay Marina and made small 
progress until a light wind arose to ruffle the 
previously perfect surface with a very light chop. Then 
it picked up. Suddenly the yachts were flying, as yachts 
in Wellington are wont to do. Evans Bay runs more or less 
North and South between the bulk of Mt Victoria to the 
West and the Miramar Peninsula to the East. Thus, 
daylight saving notwithstanding, the shadows of evening 
fall early across the water, leaving only the hills 
beyond in light. So it was as our meal came to an end and 
I delivered my guest back to the terminal before 
returning home.

The rest of the week seemed characterised by wind and 
driving rain. Great sheets of it drifting diagonally 
across the landscape from the South. And wind! Buffeting 
howling hissing wind. The Hutt River, when it was visible 
through the rain, turned from its normal lethargic silver 
blue to a sullen somewhat swollen brown surge. The new 
works I referred to last week disappeared under the 
rising water. The big yellow diggers sitting unattended 
on their mounds of rock appeared to be floating on the 
water. Until today that is. A bright blue day, with no 
wind, and only the still swollen river to remind us the 
midweek deluge. 
         
---- 
Any text above this point, and all subsequent material in 
parentheses, and concluded with the initials "BH" is the 
personal opinion of Brian Harmer as editor of this 
newsletter, or occasionally "HH" will indicate an opinion 
from Helen. In all cases they are honest expressions of 
personal opinion, and are not presented as fact.  
 
All news items (except where noted otherwise) are 
reproduced by kind permission of copyright owner, 
Newstalk ZB News All copyright in the news items 
reproduced remains the property of The Radio Network 
Limited. 
 
----  
Formatting this week is generously sponsored by Lydia in 
Nova Scotia. Thank you so much Lydia 
 
On with the news: 
 
Monday, 11 October 
~~~~~~~~~~~~~~~~~~ 
 
DIVE SQUAD SEARCH FOR CHCH WOMAN 
-------------------------------- 
 
The police dive squad will resume their search for a 
missing Christchurch woman tomorrow. They have been 
scouring rivers and creeks around the Punchbowl car park 
in Arthur's Pass today for any sign of Carla Scott. 
Senior Sergeant Stu Munro says Ms Scott's silver Subaru 
Legacy was found abandoned in the area last Tuesday and 
there has been no sign of her since. He says there is a 
possibility she could have slipped into a creek in the 
area. 
(Ms Scott is the daughter of a colleague whose anguish I 
can only guess at. My heartfelt sympathy goes out to Dr 
and Professor Scott in this horrendous period of 
uncertainty. - BH) 
 
NO QUICK FIX FOR LOW VOTER TURNOUT 
---------------------------------- 
 
Experts are warning that there is no quick fix to low 
voter turnout. Fewer than half the country's registered 
voters decided to exercise their democratic right in the 
local body elections, which has prompted calls for an 
inquiry into postal voting. Christine Cheyne of Massey 
University says Hutt City saw turnout drop to 26 percent 
when it dropped postal voting in 1992. That shot back up 
to 46 percent when voting by mail was reinstated three 
years later. Dr Cheyne says voter knowledge about 
candidates and what local government does are key factors 
influencing turnout. 

(I think 35% was the figure for Lower Hutt this time - 
BH) 
 
NATIONAL WOMEN'S LAST BABY 
-------------------------- 
 
After more than a quarter of a million babies, National 
Women's has shut the doors at its Epsom site. The 
country's largest specialist women's hospital has moved 
across town to new facilities at Auckland Hospital. 
Delivery Suite Educator, Margaret Berry, says it was a 
particularly busy last day, with eleven babies born. The 
last one was a healthy boy at two minutes past twelve 
this afternoon. Margaret Berry says all the patients have 
now gone, and there is not even a chair left to sit on.  
 
POLICE WELCOME GUILTY PLEA 
-------------------------- 
 
Wanaka police have welcomed a guilty plea in the Possum 
Bourne trial. Michael Barltrop today pleaded guilty to 
aggravated, careless use of a vehicle causing death. 
Wanaka police were among the first on the scene when 
Barltrop collided with the rally legend during a practice 
for the Race to the Sky event at Easter last year. Acting 
Sergeant Cameron Sigley says he is pleased Possum 
Bourne's family will not have to suffer the ordeal of a 
trial. However he is disappointed it took 18 months for 
Barltrop to accept responsibility. Race to the Sky 
promoter Grant Aitken is also relieved to have closure on 
the tragedy. He says the event will always be connected 
to Possum Bourne's memory.  
 
(I would love to know what went on behind the scenes that 
brought about the change of plea - BH) 
 
NO COMMENT FROM TE ARAWA ON BRASH SPEECH 
---------------------------------------- 
 
Te Arawa is refusing to comment on a speech by National's 
leader. National fears the proposed return of the Rotorua 
lakes to Maori will deny other New Zealanders their use. 
Leader Don Brash has publicly confirmed his party's 
opposition to the proposal. He says Labour is simply 
reversing a 1922 deal between Te Arawa and the Crown 
which should not be re-visited. Dr Brash says the lakes 
should belong to everyone. He says the Government is 
clearly unwilling to bring the Treaty of Waitangi 
settlement process to an end. Dr Brash says the country 
has spent far too long looking in the rear view mirror. 
He says he supports a lump sum payment of $10 million 
going to the iwi in recognition of the eroding value 
inflation has had on an annuity offered in 1922. However 
he rejects any title being handed over. Te Arawa is not 
commenting on Dr Brash's proposals. 

(Arawa did comment, in fact. They pointed out to Dr Brash 
that the claim was based not on Treaty principles, but on 
common law. - BH)

CLARK PAYS TRIBUTE TO SHADBOLT 
------------------------------ 
 
Helen Clark has paid tribute to Maurice Shadbolt for his 
valuable and important contribution to literature in New 
Zealand. She says the news of his death is very sad. Miss 
Clark says Maurice Shadbolt was one of New Zealand's 
leading literary figures, ranking as one of our finest 
ever novelists and short-story writers. She says he won 
many awards in his career and was awarded a CBE for 
services to literature in 1989. Miss Clark says there was 
a unique spirit and energy to his work and he will be 
widely mourned. Maurice Shadbolt was born in Auckland in 
1932. As well as working as a newspaper journalist, he 
also wrote the scripts for, and directed documentary 
films for the New Zealand National Film Unit in 1957. His 
epic trilogy "Season of the Jew", "Monday's Warriors" and 
"The House of Strife" are said to be among the most 
important works of historical fiction produced by a New 
Zealand writer. Maurice Shadbolt died at a hospital in 
Taumarunui, aged 72, suffering from Alzheimer's Disease.  
 
AGEING SAAB AIRCRAFT REPLACED BY DASH-8S 
---------------------------------------- 
 
Air New Zealand will pay $350 million to replace some of 
its aging regional aircraft. Seventeen De Havilland Dash-
8 Q300 turbo-prop aircraft will take over from the Saab 
340A planes which currently form the backbone of the 
airline's provincial network. The Dash-8 is the most 
successful regional airliner in the world, with more than 
400 in service around the globe. Air New Zealand will 
purchase the aircraft at a cost of approximately $350 
million which will be funded via debt. The new planes 
start arriving in July next year, with one joining the 
fleet every six weeks, completing the delivery process 
within two years. They will be serviced and operated by 
Air New Zealand's Air Nelson subsidiary. Each Dash-8 has 
50 seats, while the Saabs have 33. Air Nelson says the 
Saabs have been excellent workhorses, but the fleet's 
average age is 17 years. The new aircraft is faster, 
quieter and has more room than the Saab. Air New Zealand 
managing director and chief executive, Ralph Norris, says 
the new aircraft type will provide a welcome boost for 
the regions and the additional seating will allow them to 
provide an overall increase in passenger capacity to meet 
customer demand and less restricted payload on regional 
routes. The aircraft has 50 passenger seats each with a 
comfortable 31-32 inch seat pitch featuring New Zealand 
blue leather upholstery and large overhead lockers on 
both sides of the cabin for stowage of carry on luggage. 
The Q300 travels at a cruise speed of 285 knots (compared 
to 265 knots for the Saab 340A), has an active noise 
reduction system and an auxiliary power unit to enable 
air conditioning to be run while the aircraft is on the 
ground.  
 
Tuesday 12 October 
~~~~~~~~~~~~~~~~~~ 
 
ABORTION LAW CHANGE REVAMPED 
---------------------------- 
 
Critics of a proposed law change which would have seen 
parents told if their under-16-year-old daughters sought 
an abortion are claiming a victory. National's Judith 
Collins has conceded defeat and has radically revamped 
her proposal. Her new amendment is based on the 
presumption that a doctor will inform the parents of an 
underage girl if she wants to terminate her pregnancy. If 
the girl wants her pregnancy kept secret, the reason 
would have to be given to a Family Court judge. The judge 
would then order the appropriate care if that was needed. 
Ms Collins claims her new plan will still be a 
significant victory for girls and parents. She denies her 
change of tack is a back-down but concedes a compromise 
was needed.  

(I think there needs to be some balance between the young 
person's need for privacy, and the rights and obligations 
of the parents. One thing I am sure of, is that schools 
are NOT the right people to make such a decision, and I 
have serious doubts about some GPs - BH)

RECORD YEAR FOR TVNZ 
-------------------- 
 
Television New Zealand is rolling in cash, at least until 
the bulk of it goes to the Government. The broadcaster 
has had a record year, the first full year under the 
Government's charter. TVNZ returned a net surplus of just 
over $28 million and has declared a dividend of almost 
$38 million for the Government. Advertising revenue rose 
by ten percent during the year to $335 million. The 
company's drive to shed the highly paid celebrity culture 
still sees Paul Holmes on more than $700,000 with the 
next highest paid, probably CEO Ian Fraser, on more than 
$600,000. One hundred and twenty four employees earn more 
than $100,000 a year. TVNZ chief executive Ian Fraser 
acknowledges the network has a heavy commercial load. He 
says a similar state television company in Ireland plays 
just six minutes of ads an hour, which can be expanded to 
eight. He claims TVNZ plays no more than 13 minutes an 
hour and says that would have to be reduced if you want 
the company to be more of a public broadcaster. However 
Mr Fraser says he would prefer to make more New Zealand 
programmes than cut advertising.  

(Not bad considering the expenditure on wine was capped 
at a mere $65 per bottle! :-/ - BH) 

CROWN HEADS TO SUPREME COURT 
----------------------------
 
The Crown is heading to the Supreme Court in a bid to 
overturn a court decision in favour of Ahmed Zaoui. The 
Court of Appeal instructed the Government it must prove 
without a doubt the Algerian is a high threat to national 
security if it wishes to deport him. It also awarded Mr 
Zaoui $12,000 compensation. But Attorney-General Margaret 
Wilson says it was never the intention of the Crown to 
deport Mr Zaoui. She says regardless of the outcome of 
the security risk review, New Zealand would still abide 
by its international obligations. Ms Wilson says in light 
of that, it is important the real test must be clarified 
by the Supreme Court.  
 
(This isn't clarification, in my opinion, this is 
stalling. - BH)
 
BURTON KNEW ABOUT WAIOURU - MARK 
-------------------------------- 
 
The Defence Minister is being accused of knowing about 
some abuse at Waiouru Regular Force cadet school two 
years ago. New Zealand First MP Ron Mark says he and 
National MP Shane Ardern brought the case of the shooting 
of cadet Grant Bain to the attention of Mark Burton in 
May 2002. But he says the minister dismissed it. Ron Mark 
quoted a letter from Mark Burton in Parliament which 
showed Mr Burton saying he was satisfied the matter had 
been dealt with as best it can, given that 21 years have 
passed since the "tragic accident" occurred. 

(Columnist Rosemary McLeod mused on whether it was 
reasonable to expect that people who are being trained to 
kill on our behalf should be adhere to normal societal 
standards ... I am paraphrasing very loosely ... I can 
see a grain of logic in the question, but I think that if 
we do not expect our military, and especially the 
officers to adhere to the rules of civilization, then we 
and other countries would live in fear of our own defence 
force. Yes I know that some countries already do.  - BH) 

WARNING FOR PHONE CARD COMPANIES 
-------------------------------- 
 
The Commerce Commission is warning pre-paid phone card 
companies to stop deceptive practices. It has written to 
22 businesses, telling them to withdraw advertising and 
cards that breach the Fair Trading Act. Fair Trading 
director Deborah Battell says consumers face a number of 
problems, including non-existent help lines, 'toll-free' 
numbers that cost, and special conditions that are not 
mentioned. She says the Commission will take tougher 
action against companies that do not change.  

GOVERNMENT IN DIPLOMATIC OVERDRIVE 
---------------------------------- 
 
There is fury in the Prime Minister's office over a story 
that appeared in one of India's biggest circulating 
English language newspapers today. It quoted her as 
telling India to sign the Comprehensive Nuclear Test Ban 
Treaty. A journalist from the Hindustan Times was brought 
to New Zealand by Foreign Affairs in advance of her trip 
to India next week. Miss Clark says the journalist is 
unlikely ever again to get to interview a New Zealand 
leader. She says this country would never tell another 
country to do anything. She claims the journalist made up 
quotes and attributed them to her, describing the article 
in the Hindustan Times as a "low level beatup". Miss 
Clark was also quoted as saying Kashmir was a nuclear 
flashpoint but she denies using the word nuclear. She 
says it is obvious to any commentator, though, that 
Kashmir is a flashpoint. The Indian Foreign Affairs 
ministry in New Delhi has been contacted by Wellington in 
an effort to put the record straight.  

GOVERNMENT RULES OUT WTO APPLE APPEAL 
------------------------------------- 
 
The Government has ruled out an appeal to the WTO over 
Australia's ban on New Zealand apples. The ban was set to 
be lifted, but that was put off in the run-up to the 
federal election. Pipfruit growers here say an appeal is 
fast-becoming a real option and the situation cannot go 
on forever. However, Trade Negotiations Minister Jim 
Sutton says New Zealand has not yet reached the point of 
a WTO appeal. He says it should not have to come to that. 
Mr Sutton says New Zealand has a good relationship with 
Australia and enjoys one of closest trading and 
investment relationships in the world. 
 
(Peace in our time? - BH)  

Wednesday, 13 October 
~~~~~~~~~~~~~~~~~~~~~ 
 
DRIVERS FEEL OIL PRICE PINCH 
---------------------------- 
 
New Zealand drivers are starting to feel the effects of 
surging oil prices. World prices have set new highs for 
the sixth day in a row. A deliberate fire at a Nigerian 
refinery pipeline, which has cut production, and a strike 
in the world's seventh biggest exporter, have caused the 
latest international rise. US light crude is trading at 
$US54 a barrel. Prices have now risen 66 percent this 
year. In New Zealand, prices at the pump have remained 
static for the past few weeks with 91 grade selling at 
between $1.20 and $1.22 a litre, however, the four major 
oil companies have increased prices by around 2c a litre 
overnight.

(Currently, $1.259 per litre of 91 octane <sigh!> - BH) 
 
LINE DRAWN IN CHILD NEGLECT CASE 
-------------------------------- 
 
Christchurch police are drawing a line in the sand over 
an alleged case of child neglect. A 25-year-old mother 
and a 41-year-old grandmother are appearing in the 
Christchurch District Court this afternoon charged with 
wilful neglect. It relates to a six-year-girl being found 
in a distressed state in the underground car-park of the 
Christchurch Casino in the early hours of this morning. 
Christchurch Police Area Commander David Lawrie says this 
may be an isolated case, but the police want to send out 
a clear message that children should not be the ones to 
suffer while adults responsible for them gamble at the 
casino. Police say the pair were intoxicated when 
apprehended inside the Christchurch Casino. Mr Lawrie 
says the young girl is now with other family members. He 
says this situation is very sad, and raises the question 
whether enough is being done to mitigate the effects of 
problem gambling. 
 
ZAOUI APPEAL A "HARDLINE APPROACH" 
--------------------------------- 
 
Ahmed Zaoui's legal team says the Government's appeal to 
the Supreme Court over the Algerian refugee is a 
"hardline approach". The Government says it needs 
clarification of what the Inspector-General of Security 
must take into account when reviewing the security risk 
certificate issued against Mr Zaoui. The Appeal Court has 
ruled he must consider human rights. Lawyer Deborah 
Manning says the High and Appeal Courts have clarified 
the law and she questions how much clearer the Government 
needs it. She says the Supreme Court move leaves Mr Zaoui 
in prison without being charged while the security risk 
certificate review is delayed yet again. Mr Zaoui has 
been in prison since December 2002. The Court of Appeal 
instructed the Government it must prove without a doubt 
the Algerian is a high threat to national security if it 
wishes to deport him. It also awarded Mr Zaoui $12,000 
compensation. But Attorney-General Margaret Wilson says 
it was never the intention of the Crown to deport Mr 
Zaoui. She says regardless of the outcome of the security 
risk review, New Zealand would still abide by its 
international obligations. Ms Wilson says in light of 
that, it is important the real test must be clarified by 
the Supreme Court. 

(A TVNZ documentary this week appeared to me to undermine 
almost all of the possible reasons for treating him as 
other than a simple refugee. I think our government 
departments have tried seriously to mislead the public on 
this. - BH)
 
BREAST SCREENING PROG EXCEEDS TARGET 
------------------------------------ 
 
The National Breast Screening Programme is bucking the 
trend in health care provision by exceeding its target 
for women screened in the last three months. Eight 
thousand screenings have been carried out since July, 
three times the number targeted for. The effort is being 
put down to the hard work of radiographers and 
administration staff. However they still have a long way 
to go with a target of 22,000 women set for the year 
ending July. The increases follow an extension to the 
National Breast Screening Programme which now covers 
women aged 45 to 49 and 65 to 69. 
 
DEPUTY MAYOR CASTS CLOUD OVER V8 RACE 
------------------------------------- 
 
The head of the controlling faction within the new 
Auckland City Council has virtually signalled the death 
of the proposed V8 Supercar race. Deputy mayor Bruce 
Hucker says the resource consent process has still to be 
completed and no final decisions have been made. However 
he says he and the other City Vision councillors have 
been elected on a platform which includes stopping the 
street race. Dr Hucker says if they now change their 
minds, it will show the promises they made are not worth 
the paper they were written on. Mayor-elect Dick Hubbard 
has indicated he now favours allowing the race to go 
ahead. 
 
(By sheer numbers, Dr Hucker looks set to be the 
eminence-gris of Auckland city. Dick Hubbard wears the 
chain, but Dr Hucker gets to pull it! Or am I mistaken? - 
BH) 
 
LICENCE CHANGES FOR OLDER DRIVERS 
--------------------------------- 
 
The elderly may find it easier to get around after a 
review of driving legislation. Transport Safety Minister 
Harry Duynhoven is reviewing the rules for senior 
citizens which would include the option of a conditional 
licence permitting people to drive within a 10 kilometre 
radius of their home. Mr Duynhoven says mobility for all 
people, particularly the elderly, is a huge issue. "We 
realise that for many older people the ability to drive 
is the key to continued independence. Losing their 
licence can have a profound impact on their lives. At the 
same time, we have to balance maintaining mobility for 
older drivers with the need to provide for the safety of 
all road users." The current system requires people aged 
80 and over to renew their licence every two years. The 
proposed amendment to the Driver Licensing Rule will give 
people six months to renew their licence when it expires, 
instead of the current 60 days. The "automatic only" 
condition will be removed, so that older people who sit 
their licence in an automatic transmission vehicle will 
also be able to drive either an automatic or manual 
vehicle. The policy changes are likely to be approved 
early next year and introduced later in 2005. Grey Power 
National President Graham Stairmand is welcoming the 
announcement, calling it a positive step towards removing 
barriers to mobility for older New Zealanders. There has 
been a 66 percent increase in the number of drivers aged 
80 and over since 1999, when the current licensing system 
was introduced. 
 
AIDS FOUNDATION CALLS FOR CONDOM ACTION 
---------------------------------------- 
 
The AIDS Foundation says unsafe sex can only be avoided 
by taking action. The Durex Global Sex Survey shows an 
alarming number of New Zealanders put themselves at risk 
of HIV and sexually transmitted infections by not using 
condoms. New Zealanders are well ahead of the world 
average when it comes to having unsafe sex without 
knowing their partner's sexual history. AIDS Foundation 
director Rachael Le Mesurier says being aware of the risk 
is not enough and it must be followed by the positive 
action of using condoms. 
 
SEARCH RESUMES FOR PIHA MODEL 
----------------------------- 
 
Search and rescue teams are back in the Piha area on 
Auckland's west coast, this morning, looking for any 
trace of a missing 25-year-old woman, Iraena Asher. 
Iraena Asher has not been seen for almost two days, after 
going missing at Piha on Auckland's west coast. Thirty 
search and rescue personnel, along with family and 
friends, are combing the area which includes bushland. 
The family of a missing 25-year-old Auckland woman has 
made an emotional appeal for the return of their 
daughter. The family has issued a statement through the 
police, saying they love Iraena dearly and their first 
and foremost concern is her safety and well-being. They 
say her actions and behaviour prior to her disappearance 
are out of character. 
 
AIR NZ LOOKS TO NEW OPPORTUNITIES 
--------------------------------- 
 
Australia's Competition Tribunal has just given the green 
light to the proposed Air New Zealand - Qantas alliance. 
The decision overturns an earlier ruling by the 
Australian Competition and Consumer Commission against 
the plan. Air New Zealand managing director Ralph Norris 
says they will be reviewing today's ruling in detail and 
will then seek advice on what options it opens up. He 
says they will need to find paths that do not conflict 
with last month's New Zealand High Court decision which 
backed the NZ Commerce Commission in turning down the 
alliance. Mr Norris has attacked the New Zealand High 
Court for rejecting the proposed Qantas merger, in the 
face of Australian approval. Last month the New Zealand 
High Court rejected a similar appeal of the Commerce 
Commission's negative ruling. Mr Norris says the 
Australian review process was more robust. He says the 
tribunal members started their review a month before the 
High Court, and delivered their decision a month after. 
He says Australian approval of its proposed alliance with 
Qantas changes the landscape, opening up new 
opportunities. He says the ACT has given the planned tie-
up a five-year approval. Mr Norris says the airlines are 
looking at options which could bring them close to the 
original merger plan, but which would circumvent New 
Zealand refusal to allow the alliance. Meantime, an 
aviation commentator says he would have been surprised if 
Australian regulators had not upheld the appeal over the 
proposed tie-up. Aviation Transport World senior editor 
Geoff Thomas says the airlines were able to introduce new 
evidence in the ACT appeal, which they were not allowed 
to do in the New Zealand High Court. However the deal 
still cannot proceed because it requires permission in 
both countries. 
 
Thursday, 14th October 
~~~~~~~~~~~~~~~~~~~~~~
 
TRANZ RAIL ACTION A TEST CASE 
----------------------------- 
 
There is a lot riding on the Securities Commission's 
first case of alleged insider trading. The Commission is 
taking action against four former Tranz Rail directors 
and two investors. The former Tranz Rail employees named 
in the proceedings are managing director Michael Beard, 
chief financial officer Mark Bloomer and directors Carl 
Ferenbach and David Richwhite. New Zealand Herald 
business columnist Fran O'Sullivan says it is an 
important case for a number of reasons. She says not only 
is the Commission is taking on some high-profile 
businessmen, but it is also the first test of new 
legislation. Ms O'Sullivan says everyone, particularly 
the Government and other securities lawyers, will want to 
see how the case plays out. It is the first time the 
Securities Commission has used its powers to take court 
action for insider trading. Its inquiry focuses on the 
sale of shares in the first half of 2002, before the 
Tranz Rail price began to fall. At the start of that year 
the share price was four dollars - but by April 2003 it 
had fallen to just 30 cents. The Securities Commission 
says it has been investigating the matter for more than a 
year. The case carries up to $133 million in penalties. 
 
COURT FEES TOO HIGH 
------------------- 
 
Parliament's Regulations Review Committee is hearing 
submissions on court fees, which have been increasing 
since 2001. The Law Society says costs have increased 
significantly, in some cases up 1,500 percent. President 
Chris Darlow believes that is stopping people from taking 
cases to court. He says it is unacceptable to have a 
public court system with fees so high that people are 
being forced into private arbitration. Mr Darlow says 
there is a place for arbitration, but not at the expense 
of a proper public justice system. 
 
(The Law Society might also contemplate whether $300 per 
hour is a reasonable fee for legal representation. - BH) 
 
HOUSE PRICES FALLING 
-------------------- 
 
A drop in house prices is seen as a sign the economy is 
slowing. One report says average house prices in Auckland 
are falling by as much as $500 a day. One real estate 
agency says the average price in the region peaked at 
$456,000 in May and is now down to $414,000. Rising 
interest rates are partly blamed. The New Zealand 
Institute of Economic Research's latest survey confirms 
the economy is slowing. Senior economist Doug Steel says 
the housing market and service sector are pointers to 
what is happening. He adds a drop in borrowing is 
probably related to housing. 
 
ARTHUR'S PASS SEARCH ABANDONED 
------------------------------ 
 
Police have abandoned the search at Arthur's Pass for 
missing Christchurch woman Carla Scott. Senior Sergeant 
Stu Munro says they have thoroughly searched every likely 
place she might have been and are confident she is not in 
any of them. Miss Scott's bank accounts and cell phone 
have not been used since Tuesday, the same day she left 
her car and belongings at Arthur's Pass. Senior Sergeant 
Stu Munro says they really do not know what has happened 
to her. He says she could be a victim of foul play or 
does not want to be found, but there is no evidence to 
point to either scenario. 
 
LUCKY ESCAPE FOR KIWI IN SUDAN 
------------------------------ 
 
A New Zealander has had a lucky escape in an incident in 
Sudan which has left two fellow Save the Children Fund 
aid workers dead. Alister Shields was working with a 
British programme manager and a Sudanese engineer in a 
previously inaccessible area. The Briton and Sudanese 
were in a vehicle which struck a land mine. Mr Shields 
was in another vehicle and was unhurt. Save the Children 
Fund director John Bowis says staff have been temporarily 
evacuated from the Zagawa region. But he does not imagine 
it will be for very long. Mr Bowis says that will enable 
a debriefing and security review, and to make sure the 
group was not being targeted. He says it highlights the 
danger aid workers face. 
 
POLICE COMPLAINTS TO REVIEW ARMY DEATH 
-------------------------------------- 
 
The Police Complaints Authority will investigate all the 
issues raised over the death of 17-year-old Army cadet 
Grant Bain in 1981. Acting police commissioner Steve Long 
also wants any files that may still exist over the 
original investigation. He says any police officer or 
former officer identified as having a role in the matter 
will be questioned. Fellow-cadet Andrew Read was charged 
with careless use of a firearm following the shooting of 
Grant Bain. He was fined and ordered to do community 
work. He died some years later in a logging accident. 
Grant Bain's family allege an Army and police cover-up 
and want to know why Mr Read did not face more serious 
charges. They also believe the focus of a second inquiry 
into the cadet's death, carried out by the Defence Force 
is too narrow. Defence Minister Mark Burton says the 
investigation can only consider the actions of Defence 
personnel up to half an hour after the fatal shooting. At 
that point the case was handed over to police. Grant's 
brother Murray says it is clear the Army's involvement 
went well past 30 minutes after the shooting. 
 
COMMERCE COMMISSION WARNS BUS CO 
-------------------------------- 
 
The Commerce Commission is warning the Stagecoach bus 
company in Auckland it must adhere to perceived promises 
over its Big Ticket Sale. Earlier this year Stagecoach 
advertised Big Tickets with discounted monthly passes for 
August, September and October, stating the offer was 
valid until October 31. However the Commerce Commission 
received complaints when notices went up saying the Big 
Ticket Sale would finish on October 10. Stagecoach has 
told the Commission it intended to offer three months 
cheaper travel, not three months in which to buy the 
discounted travel. The Commission says the wording was 
open to interpretation, but is pleased with Stagecoach's 
reaction, which includes an apology, extending the 
purchase offer to the end of the month and reimbursing 
customers who think they have lost out. 
 
CIVIL CLAIMS LAWS TO BE REVIEWED 
-------------------------------- 
 
Civil claims procedures in district courts could be in 
for a major shakeup. Submissions close today with the Law 
Society's Rules Committee on changes to district court 
practice. Auckland District Law Society courts committee 
convener Max Rawnsley says that because of the magnitude 
of the changes, wide input has been sought from the 
profession. He says the object is to try to eliminate 
most proceedings that end up filed in the district court. 
The new procedures would mean many claims would be 
resolved with proceedings being filed. At present 94 
percent of district court claims are settled before a 
defence is filed. 
 
Friday, 15 October 
~~~~~~~~~~~~~~~~~ 
 
POLICE SEARCH FOR MAN IN IRAENA CASE 
------------------------------------ 
 
Police looking for missing model Iraena Asher are now 
searching a Piha house for forensic evidence and trying 
to locate its occupant, a man in his forties. The man 
left the house at the weekend without paying rent. 
Meanwhile, police have also revealed 25-year-old Ms Asher 
made a 111 call from Piha at 9pm on Sunday night. They 
sent a taxi, not a patrol car, but Ms Asher had 
disappeared. Police then got a call just after one on 
Monday morning to say she had gone missing from the home 
of a local who had taken her in, after finding her 
wandering semi-naked along the road. Six minutes after 
getting that call, police sent a patrol car to Piha. An 
investigation is underway into their handling of the 
affair. Police have today called off their land search 
but have sent up a plane to search the Piha coast. 
 
CHALLENGE FACING UNIONS - CTU 
----------------------------- 
 
The Council of Trade Unions says the biggest challenge 
facing unions is to build the union movement's power in 
order to give workers a stronger voice. CTU president 
Ross Wilson told the Police Association's conference in 
Wellington that unions played a key role in empowering 
workers to take part in debates about the country's 
economic and social future. He says the unions have a 
legitimate role in using their collective strength to 
influence Government and business. 
 
BIG APPLE CALLS KIWI FILM-MAKERS 
-------------------------------- 
 
A couple of young Wellington movie-makers have made a 
film which has been invited to screen at the New York 
Film Festival. They now need help from the public to make 
their dream come true. Gary Davies and Mike Hohaia's 
movie, "Flatmates Wanted", was filmed on a shoe-string 
budget, costing just $1500. It is being shown at a 
benefit screening at midnight tomorrow night to raise 
funds to get them to New York. Davies says the trip to 
New York could boost their future careers by putting them 
in touch with some of the movie industry's movers and 
shakers. 
 
TWO DIVERS DIE OFF NAPIER 
------------------------- 
 
Searchers have found the bodies of two divers missing off 
the Napier coast. The group of four divers left the 
Hawke's Bay Sports and Fishing Club at around 3pm 
yesterday to dive at Pania Reef. Two have been found 
alive. He was one of a party of four who failed to return 
from a trip to Pania Reef yesterday afternoon. The divers 
left the Hawke's Bay Sports and Fishing Club around three 
yesterday afternoon. Senior Sergeant John Lovatt says 
their boat was swamped at about 7pm last night and the 
divers were in the water from then on. Mr Lovatt says the 
group had drifted from Pania Reef to Awatoto. The search 
got underway at seven this morning after their families 
reported them overdue. Two coastguard vessels, a plane, 
helicopter and several fishing boats were involved in the 
search for the fourth diver, and the boat the group went 
out in. 
 
SPECIAL NEEDS CHILDREN WELCOMED BACK 
------------------------------------ 
 
Cambridge High School is welcoming back special needs 
children as the new regime makes changes. Under previous 
principal Alison Annan, such children were told they 
would get no special treatment from the school. Twenty-
four families sent their children to Hamilton schools, 20 
kilometres away. However parent Gavin Marriott says the 
new commissioner for the school, Dennis Finn, has had no 
hesitation in making the change. There will be a public 
meeting in the first week of next month to map a way 
forward for what is new territory for Cambridge High 
School. 
 
(Further evidence of the absolute necessity for a change 
at Cambridge! - BH) 
 
AIR NZ GROUND CREW STRIKE 
-------------------------- 
 
Around 400 Air New Zealand ground staff at Auckland and 
Christchurch airports walked off the job at 2am, amid 
conflicting opinions on the impact it will have on 
passengers. The workers include some of those who staff 
the check-in counters. They will stay on strike until 
midnight. Food and Service Workers Union advocate 
Alistair Duncan, believes the strike will have a 
significant impact on Air New Zealand and some of its 
client airlines. Mr Duncan apologises to passengers for 
the situation, but says they are left with little choice. 
Air New Zealand's group general manager Rob Fyfe, says 
other staff have been redeployed to fill the gaps. He 
says Air New Zealand entered mediation with the SFWU this 
week in good faith and with a view to resolving the 
issue. He says the union is asking for a six percent wage 
rise, twice the amount the airline has settled with other 
unions. Mr Fyfe says the union's claim would set a 
benchmark that would undermine the company's performance 
and see airfares rise. Mr Fyfe says the SFWU walked away 
from the negotiating table on September 3, a move Air New 
Zealand believes was premature. "At no time did the union 
seek to re-enter negotiations with the company or seek 
mediation before issuing a strike notice. Since this 
time, the SFWU has not substantively changed their 
claim." Around 10,000 Air New Zealand customers are 
expected to travel through Auckland's international and 
domestic terminals today. The airline is asking 
passengers to check in 30 minutes prior to domestic 
departures and three hours before international 
departures to ensure flights depart on time. Air New 
Zealand is investigating allegations that some union 
members threatened colleagues with reprisals, if they did 
not join the strike. 
 
CHANGI PRISON COMES TO NEW ZEALAND 
---------------------------------- 
 
A part of the Second World War's more notorious history 
will soon be on display at the Airforce Museum in 
Christchurch. With the help of the New Zealand High 
Commission and authorities in Singapore it has obtained 
portions of Changi prison which was demolished earlier 
this year. Although Changi was built by the British in 
the 1930s for 450 prisoners, it was turned into a prison 
for thousands more men, women and children, both 
civilians and armed services, following the occupation of 
Singapore by the Japanese. Airforce Museum Collection 
Manager David Watmuss says some New Zealand air force and 
navy personnel were incarcerated there. He says it is 
part of New Zealand's national history and helps people 
understand where kiwis come from. David Watmuss says the 
artifacts include a cell door, part of the perimeter 
wall, as well as windows from the prison's clocktower. 
 
FORENSICS EXAMINE MISSING WOMAN'S CAR 
------------------------------------- 
 
Police are studying forensic tests from the car of a 
missing Christchurch woman in the hope of finding any 
clue to her disappearance. Twenty-six-year-old Carla 
Scott's vehicle was found in the Punchbowl car park near 
Arthur's Pass a week and a half ago. Senior Sergeant Stu 
Munro says that while police have finished their search 
at Arthur's Pass, they are still investigating her 
disappearance. Ms Scott's cellphone and bank card have 
not been used since when she was last seen at a 
Christchurch petrol station and at a shop in Arthur's 
Pass on October 5. 
 
SHADBOLT'S WRITING-SHED INSPIRATIONAL 
------------------------------------- 
 
There are moves to make the Waitakere home of Maurice 
Shadbolt a writers' residence. The author died on Sunday, 
seven years after being diagnosed with Alzheimer's 
Disease. Shadbolt's private funeral will be held at St 
Matthews in the City in central Auckland on Friday 
morning. The author of numerous novels, short stories and 
plays won many of New Zealand's top literary awards over 
a period of more then 40 years. His works include 
Strangers and Journeys, which is considered by critics to 
be one of New Zealand's best novels. Waitakere mayor Bob 
Harvey says Shadbolt's writing shed overlooks the Manukau 
Harbour and would provide inspiration to other writers. 
But he is quick to add that any decision lies with the 
Shadbolt family. 
 
LIQUIDATORS SEEK ACCESS CLIENTS 
------------------------------- 
 
Liquidators are trying to get in touch with the remaining 
5,000 people left out of pocket by the collapse of Access 
Brokerage. Value-wise, 84 percent of claims have been 
paid out, but this only represents 48 percent of the 
failed sharebroker's clients. Liquidators will be writing 
to those still owed money and placing advertisements 
asking them to get in touch. They say most claims are 
small, but some are worth as much as $70,000.

THE FINANCIAL PAGE
~~~~~~~~~~~~~~~~~~
Date: 15 October 2004        Brian Dooley
                             Wellington  New Zealand

CURRENCIES
~~~~~~~~~~
The currency codes given below conform to ISO 4217, which
can be found at http://www.xe.net/currency/iso_4217.htm.

The rates given are for telegraphic transfer.

To Buy NZD 1.00

USD  0.6870
AUD  0.9410
GBP  0.3825
JPY  75.51
CAD  0.8628
EUR  0.5558
HKD  5.3656
SGD  1.1586
ZAR  4.5587
CHF  0.8670

INTEREST RATES (%)
~~~~~~~~~~~~~~~~~~
Call  : 6.25
90 Day: 6.73


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