1Glittering Prizes How is Michael Hill Jeweler continuing to perform so well in a declining market? A look at the growth strategies of this cut-price jeweler.

2Big This Week A look at local business news headlines.

3Australian Report Housing finance figures are falling but should reducing inflation be the Australian Government's main priority?

4Big This Week A look at international business news headlines.

5Corporate Maneuvers The New Zealand Army is putting business people through a series of mental and physical tests to assess their leadership and teamwork skills in a new pilot programme called Executive Stretch.

6Opinion Leader Businessman Peter Churchouse believes there is a need for a more positive mood in New Zealand.

7Awards 1. High Flier - Countrywide Banking Corporation which beat its forecasted profit by 15.1% 2. Low Flier - Hamilton based property and trading group Trans Equity Holdings which suffered a $6.54 million loss for the year after earlier predicting a profit. 3. Quote of the Week - "... at best it meant nothing at all to most of the market while at worst the North Island was seen as a chewed chop and the South Island as a scrawny steak." - Designers Society Executive Director Michael Smythe talking about European reaction to a meat company using a map on a logo.