The Government has released significant proposals to reform the EQC Act including no longer covering contents insurance.
FMA chief executive Rob Everett says the agreement was "carefully considered" and is a better outcome for investors than a costly and lengthy trial.
Cash-strapped schools are increasingly having to spend money on legal battles with parents upset their children weren't selected for sports teams and musicals.
Thousands of Greeks who voted to say 'No' to bailout austerity measures crowded into central Athens to celebrate a landslide referendum victory.
Greece is "heading for chaos" following its rejection of a bailout package that came with strict austerity conditions, says to a local high-profile economist.
Carli Lloyd completed her World Cup final hat-trick in some style after scoring from halfway.
Sonny Bill Williams admits family loyalties may be divided when he runs out on Apia Park against Manu Samoa on Wednesday.
Colin Craig has a smile on his face after his most vocal critic within the Conservative Party quit.
Waitaki residents are being assured Oamaru Hospital services won't be scaled back despite proposed funding cuts.
Danny Lee has claimed his first PGA Tour victory, winning the 2015 Greenbrier Classic after a four-way playoff.
Australia has announced a $4 billion investment in its agriculture sector, even though there's an oversupply in the dairy sector, fuelled by China's slowing economy.
It takes something special to become a world champion. But to be a world champion twice over, and by the age of nine, takes a serious amount of talent and determination to succeed.
Hayden Paddon has produced another impressive drive, finishing one spot off the podium in Rally Poland.
The orphaned baby daughter of All Black Jerry Collins and partner Alana Madill is well enough to return to Canada with her relatives.
New Zealand judicial leader and former Chief Justice Sir Ronald Davison has died aged 94.
Britain's Princess Charlotte has been christened in an intimate ceremony in the royal baby's second public appearance since her birth nine weeks ago.
Don't ever take a bite out of George Edwards' finger unless you're prepared to face the consequences head on.
I want that world's best "impact" player ready to make his mark at the 50th minute at the World Cup.
Fire crews are treating a blaze which tore through Whakatane Intermediate School as suspicious.
Questions have been raised in the case of a Dunedin psychiatrist jailed for poisoning his wife, after international medical experts disputed the jury's finding and new confessions emerged.
Questions have been raised in the case of a Dunedin psychiatrist jailed for poisoning his wife, after international medical experts disputed the jury's finding and new confessions have emerged.
For the Highlanders it was their first title, but last night it was the last chance for two Hurricane greats, as Ma'a Nonu and Conrad Smith walked off Westpac Stadium for the last time without their fairytale finish.
One man in All Blacks camp was particularly happy for the Highlanders AAA Israel Dagg, having started his Super Rugby career in the Deep South before shifting to the Crusaders.
New Zealander Nela Zisser has missed out on the top spots in the annual Nathan's Hot Dog Eating Contest on July 4th at Coney Island in New York.
When 100 iron men were erected on a beach in northwestern England as an art exhibit, many locals complained that they were a safety or environmental hazard.
An assault in Nelson yesterday is now being treated as a homicide investigation after the 46-year-old victim died in hospital.
Thousands of southern fans packed into Dunedin Airport this morning to welcome home their new Super Rugby champions.
Greeks have started casting ballots in the closely watched bail-out referendum.
Fullback Israel Dagg is confident his lengthy spell on the sidelines won't be an issue if he's called up for the All Blacks' opening Test against Samoa.
The Conservative Party's credibility has taken another hit, with the man who says he was acting board chairman resigning and claiming he was sick of abuse from former leader Colin Craig.
New Zealander Hayden Paddon remains on course for his pre-event target of a top-five finish with one day to go in Rally Poland.
The Highlanders touched down in Dunedin this afternoon to the warmest of welcomes after winning the franchise's first Super Rugby title last night in Wellington.
Rugby is more than a sport for the people of Otago, it's a way of life.
The decisive moment in arguably the greatest ever Super Rugby final has split opinion in the rugby public.
Euphoria reigned in the Highlanders dressing room as the reality of a first Super Rugby title hit home.
Highlanders head coach Jamie Joseph had nothing but praise for his charges after their captivating Super Rugby Final win over the Hurricanes.
Hurricanes head coach Chris Boyd didnAAAt mince any words when it can came to offering his thoughts on his side's heart-breaking Super Rugby Final loss.
The Highlanders unleashed Super Rugby's version of daylight robbery against the Hurricanes to claim a maiden title, beating the Hurricanes 21-14 in a thriller.
Brendon McCullum scored 158 not out, the highest total in English Twenty20 history, as Birmingham Bears crushed Derbyshire in the NatWest T20 Blast.
Serena Williams has set up a Wimbledon last-16 showdown with sister Venus after surviving a major scare.
The general feeling around Wellington is that whoever wins this match will be respected by both sets of fans, unlike if it had been a more traditional rivalry.
The quake-damaged eastern suburbs of Christchurch have something to celebrate, thanks to a group of dedicated golfers.
American Alex Honnold is the star guest at Central Otago's Mountain Film Festival, which celebrates the skill of extreme athletes and the filmmakers who follow them.
A British man has a plan to bring another Garden of Eden to New Zealand, and plant it right in the middle of Christchurch.
Two former classmates have had a most unusual reunion in Florida; she is a judge, and he a burglary suspect appearing before her.
Video highlights, live updates as they happen and all the action as the Hurricanes take on the Highlanders in the Super Rugby Final in Wellington.
A recent government survey showed only 14 percent of schools felt all their teachers were up to speed on using digital devices for learning.
The woman found dead at a property in the seaside settlement of Waldronville has been identified and an investigation has been launched.
Satellite imagery shows China is growing by nearly 1.5 hectares every day, as it builds up its islands in the South China Sea.
Kiwi driver Hayden Paddon has finished day two of Rally Poland sitting in fifth place on the standings.
A 15-month-old baby boy found with unexplained injuries has died in Christchurch.
A baby in Turkey drifted about 1km out to sea on a small inflatable before sunbathers raised the alarm.
Greece's Prime Minister Alexis Tsipras has had a rock-star welcome at an Athens rally as he seeks to revive support for a "No" vote in a referendum.
Tens of thousands flock to Wellington for Super Rugby final
Farmers got more bad news this week, as dairy prices fell to a six-year low, the eighth straight decline in the global dairy trade auction.
Economic Development Minister Steven Joyce does not believe falling dairy prices will lead to a recession.
Tonight's Super Rugby finalists have not only been two of the most consistent performers throughout the season,they've also been responsible for some of the most entertaining tries.
Andrew Gourdie offers his thoughts on All Whites coach Anthony Hudson's criticism of the Olympic Qualifying tournament.
A visiting chemistry teaching fellow from the University of Cambridge has brought his bag of tricks to New Zealand in a bid to show it's more than just a flash in the pan.
The Penrith Panthers have made straightforward work of a depleted South Sydney Rabbitohs side, notching a 20-6 win at Pepper Stadium.