9 Apr 2009

Thursday's newspaper headlines

12:02 pm on 9 April 2009

Chief executives racked up big pay increases last year; biggest NZ housing slump on record appears to be tailing off; stoush over authenticity of Colin McCahon painting.

NZ Herald

The paper reports Waitakere City Council saying Auckland ratepayers will pay at least $550 each in restructuring costs for a super-city.

The family of Jasmatbhai Patel, 78, who died after an apparent road-rage incident, have paid tribute to the father and grandfather who subscribed to the peaceful principles of Mahatma Ghandi.

An art world stoush has broken out over the authenticity of a Colin McCahon painting that sold at auction for $50,000 this week.

Dominion Post

The paper quotes the family of Mr Patel as saying 'justice will be done' in regards to the arrest of the man charged with his assault.

The [Dominion Post reports that despite the recession, chief executives continued to rack up big pay increases last year. A new remuneration survey show base salaries for CEOs rose by 5.2%.

The world's first airmail envelope has been sold by a New Zealand dealer for almost $250,000. The 140-year-old stamped envelope, mailed from France to Australia, was auctioned in Sydney by Otaki dealer Mowbray Collectables.

The Press

The Press reports the biggest New Zealand housing slump on record appears to be tailing off as investors return to the market.

A doctor who spotted fugitive William Stewart allegedly breaking into the Darfield supermarket earlier this week says he chased the man 'without thinking'.

Mid-Canterbury volunteer firefighter Barry Keen, who spent 20 years helping those with intellectual disabilities, is being mourned following his death at a call out.

Otago Daily Times

The paper says supermarket giant Progressive Enterprises has bought a large area of land in South Dunedin to develop a multi-million-dollar Countdown.

The pathologist who carried out the post mortem on the Princess of Wales after she was killed in a car crash 12 years ago is to be a defence witness at the David Bain murder trial.