Leave a comment if your happy today in New Zealand!!
- Are recent mortgage rate increases justified? Banks accused of putting profits ahead of NZ’s economic recovery
Are banks putting profits ahead of NZ’s economic recovery?http://dlvr.it/TPnNw2 - Media Insider: Air NZ sends flight safety video into holding pattern; RNZ faces shake-up at highest level; NBR v IRD stand-off heats up; The spicy battle for KFC account
IRD v NBR subscription stand-off heats up; KFC creative pitch: A spicy advertising battle.http://dlvr.it/TPmKwB - Kitea Health closes $13m raise, lines up human trials in the US
Specialist Aussie funds back capital raise.http://dlvr.it/TPlGL8 - Retailing Normans buying ex-Beca HQ; Seascape developer gives update; Ryman abandons Moondah; Waikato steel plant planned, Mowbray move – Property Insider
The last 2025 column, reporting on the billionaire Normans and a big building deal.http://dlvr.it/TPj5CK - Small Business: Bark to match the bite with Howler Hotdogs
Jo Williamson talks to Tom Raynel about her small business Howler Hotdogs.http://dlvr.it/TPh9F0 - Finally NZ’s Paris Climate Agreement charade is as good as over – Heather du Plessis-Allan
OPINION: Nicola Willis has signalled New Zealand will not spend $23b overseas on trees.http://dlvr.it/TPgRYq - Media Insider: Journalist Ian Wishart v RNZ and Broadcasting Standards Authority – the High Court case over a story about a run of hot weather in Hamilton
An RNZ story about Hamilton’s weather is at the centre of High Court legal action.http://dlvr.it/TPfbV2 - Deloitte Top 200: Chief executive of the year – Sky TV’s Sophie Moloney
Sophie Moloney’s five-year turnaround has lifted Sky’s share price to around $3.50.http://dlvr.it/TPdTbB - Guardians of Gold collapse: Retiree fights for missing $26k bullion bar
She is ‘outraged’ he has started two new companies with creditors still owed big money.http://dlvr.it/TPcKq0 - The unavoidable reason New Zealand will need to tax capital – Inside Economics
ANALYSIS: Liam Dann takes a deeper dive into the week’s economic news.http://dlvr.it/TPb8Wl - Media Insider: ‘Appalling’, ‘insensitive’: Sky TV’s bizarre response following longtime customer’s death
‘The Sky appears more profound as we express our sorrow for the loss…’http://dlvr.it/TPYzLz - Rotorua car dealership Barry Grouby Motors closes for good
There have been plenty of happy customers, but it hasn’t always been plain sailing.http://dlvr.it/TPXyKW - Pop the bubbly, the economic recovery is here (finally) – Liam Dann
OPINION: Never mind the arrival of Ikea; the economic recovery has arrived.http://dlvr.it/TPXJDn - Building farm resilience: Cyber threats and climate volatility – Angus McCullough
OPINION: For agribusinesses, cyber risk isn’t just about stolen data.http://dlvr.it/TPWYtF - Luxon’s KiwiSaver move is good, now raise the Super age – Matthew Hooton
OPINION: The eligibility age could be raised by three months a year from April 2026.http://dlvr.it/TPVd1T - Lifting Kiwisaver contributions to 12% makes sense – when the whole scheme is fixed
OPINION: Nearly 26% of New Zealanders say they’re struggling to get by financially.http://dlvr.it/TPTdMw - Media Insider: Former Real Housewife of Auckland seeks legal advice after Eye magazine editor-in-chief’s email
A once-close partnership has collapsed, with lawyers set to step in.http://dlvr.it/TPSbhx - Opinion: NZ’s justice system is shaped to increase the billable hours of lawyers
OPINION: Few can afford to go to court, so why not expand the Disputes Tribunal?http://dlvr.it/TPRZd9 - Billionaire family turns India’s gold obsession into a fortune
The Muthoot family is reaping the benefits of an exploding gold market.http://dlvr.it/TPQgNX - Labubu futures and AI frenzy show capitalism’s weird new frontiers – Liam Dann
OPINION: Nvidia’s latest result had market-watchers holding their breath.http://dlvr.it/TPQ11y - Log prices stay flat as weak China demand and ETS reforms hit confidence – Marcus Musson
OPINION: NZU values plunged 20% after the Government signalled ETS reform.http://dlvr.it/TPPCyh - Media Insider: IRD faces legal threat over NBR paywall access; Three frontrunners for TVNZ Breakfast; Jenny-May Clarkson’s new role; Bunnings drops NPC sponsorship; PM v paper in Samoa
Bunnings pulls out of NPC rugby sponsorship; latest magazine and newspaper readerships.http://dlvr.it/TPN9tq - Inside Economics: The real reason economists are confident the recovery is coming
ANALYSIS: Liam Dann takes a deeper dive into the week’s economic news.http://dlvr.it/TPL2r1 - Media Insider: Kiwibank appoints Together as new advertising agency, parts ways with OMD on eve of seismic global merger
Decision comes on the eve of seismic advertising merger and Kiwibank’s own big plans.http://dlvr.it/TPK25M - WorkSafe warning after man killed when crane touched powerlines
WorkSafe has guidelines for working near overhead powerlines and advises extreme care.http://dlvr.it/TPJ5b7 - Balcony collapse leaves Auckland man paralysed, engineer finds ‘serious risks’ at Queenstown Airbnb
Fin Paddison was in Queenstown with friends.http://dlvr.it/TPHQyd - Expert’s idea to combat the ‘billions’ scammers spend on social media scam ads
Leaked documents said Meta projected it would make US$16b from scam ads last year.http://dlvr.it/TPGdf6 - Investors eye signs of economic recovery as reporting season begins – Stock Takes
About 20-odd companies are due to report results over the next few weeks.http://dlvr.it/TPFbwb - The quiet gold rush testing New Zealand’s appetite for mining wealth
Gold prices have surged past $7000 an ounce, driving new mine projects.http://dlvr.it/TPDWwM - Inside Economics: Is the brain drain keeping unemployment down? Plus, green shoots ahead
ANALYSIS: Is the brain drain distorting our own unemployment rate?http://dlvr.it/TPCRGx - Media Insider: Price poke – Appliance Outlet’s cheeky billboard logo dig at Noel Leeming, Harvey Norman and JB Hi-Fi
Marketing expert welcomes rare head-to-head, David v Goliath advertising battle.http://dlvr.it/TPBN6j - Media Insider: Wellington advertising agency loses six key staff, wins $15.5 million Electoral Commission election contract
Electoral Commission ‘confident’ in its plans and was made aware of loss of agency staff.http://dlvr.it/TP9PFl - Family finance: How adult children can help parents in retirement – Nadine Higgins
One in three first-home buyers now rely on family help to get on the ladder.http://dlvr.it/TP8gNq - The Business of the All Blacks: Should the All Blacks brand be removed from Sevens jerseys? NZR chairman David Kirk understands the argument
As NZ Rugby sells the All Blacks’ winning legacy globally, it may need to get ruthless.http://dlvr.it/TP7pvN - Media Insider: KFC hacker ad draws 50 complaints; The race to be TVNZ 6pm newsreader; Screen Production Rebate boost; Troy Bowker buys property housing Stuff printing press
Troy Bowker buys Stuff printing-press building; Screen Production Rebate changes revealed.http://dlvr.it/TP6fyD - $20b milestone: Kiwi tech firms enjoy another boom year, but local jobs fall sharply – Tin200 report
PLUS: Debate continues over how we define our tech sector.http://dlvr.it/TP5VhD - Former Reserve Bank Governor Adrian Orr threatens legal action against one of his fiercest critics, Michael Reddell
Central banking magazine and blogger remove allegedly defamatory article.http://dlvr.it/TP4Hfj - Indian Trade Minister’s visit signals momentum towards Free Trade Agreement – Bhav Dhillon
OPINION: The deal could double New Zealand’s export growth with India.http://dlvr.it/TP351L - The economy should emerge leaner and meaner after long downturn – Liam Dann
OPINION: As painful as it has been, our economy needed to rebalance.http://dlvr.it/TP1GhH - All Blacks v Ireland: The Business of the All Blacks – Richie McCaw on building the brand, the state of the game and his frustrations over TMO, kicking
Inside the All Blacks’ mystique: NZR brings out its trump card in US to help build brand.http://dlvr.it/TP0PMT - We need to fix the flaws in our electoral system – Nick Clark
OPINION: One proposal would expand Parliament to 170 MPs to improve representation.http://dlvr.it/TNyG4G - Amazon cuts staff by 14,000 as it invests in AI
Vice-president Beth Galetti says the shift frees resources to fund Amazon’s AI ambitions.http://dlvr.it/TNxBV0 - Media Insider: NBR reaches settlements with national law firm, fund managers over ‘stealing’ of subscription news content
NBR says settlements set a precedent – and warning – over firms sharing paywall passwords.http://dlvr.it/TNw7lX - Planning a funeral? How to avoid paying too much – The Prosperity Project
With the average cost of funerals climbing, affordable options are emerging.http://dlvr.it/TNvBlW - Sports cars, fighter jets and family dinner: How Rocket Lab’s Sir Peter Beck unwinds
The billionaire jokes he ‘probably won’t be winning any awards’ for father of the year.http://dlvr.it/TNtXDC - EU trade chief backs Luxon’s push for CPTPP‑EU partnership – Fran O’Sullivan
OPINION: EU trade chief Maroš Šefčovič praised Christopher Luxon’s global trade advocacy.http://dlvr.it/TNsl7f - The rise and fall of Comvita, DGL falls foul of the ASX and a failed bid for Metroglass – Stock Takes
Founder Alan Bougen is rallying investors to oppose the Florenz bid.http://dlvr.it/TNrgy4 - Torpedo7 owner on why it decided to move the retail brand back to online-only
The six remaining Torpedo7 stores will become The Outlet outlets by February 2026.http://dlvr.it/TNqbDx - Airbus and Cathay sign $122m sustainable aviation fuel deal; Oil company says eclectic mix needed to slash emissions
Bankers complained about and oil company weighs in as demand for travel surges.http://dlvr.it/TNpV0K - Here’s what will really affect jobs in the age of AI
Demand for radiologists has increased as AI becomes part of their workflow.http://dlvr.it/TNnPgS - Media Insider: Advertising industry shake-up – independent agency Bastion Shine poaches six key staff from VML
The move targets one of NZ’s best creative agencies ahead of several Government tenders.http://dlvr.it/TNmPzN - The economy is recovering, but brace yourself, there’s bad news coming – Liam Dann
OPINION: Don’t let the grim headlines rattle you, things are getting better.http://dlvr.it/TNlknv - Is it a good idea to sell our house and rent in retirement? – Mary Holm
OPINION: There are more long-term lease options available now.http://dlvr.it/TNkzC0 - Johnson & Johnson faces UK lawsuit over talc cancer claim
The claim spans 1965 to 2023 and alleges J&J knew its talc contained asbestos.http://dlvr.it/TNjxGL - Apple updates iPad Pro, MacBook Pro, Vision Pro with M5 chip
All three devices feature Apple’s new M5 chip and unchanged pricing.http://dlvr.it/TNhqJz - Inside Economics: Why big events like Taylor Swift concerts don’t really boost the economy
ANALYSIS: Liam Dann answers reader questions and looks into the week’s economic news.http://dlvr.it/TNgg0m - Local body election voting needs to go digital or face even lower turnout – Ben Goodale
Auckland’s 2025 local election turnout has plunged to just 25%.http://dlvr.it/TNfXlB - Crypto market reels as Trump’s China tariff threat fuels insider trading allegations
An anonymous trader reportedly gained $300m by shorting Bitcoin and Ether.http://dlvr.it/TNdVtq - Renting out your bach? Beware the tax trap that could cost you dearly – Mary Holm
OPINION: It sounds like a conversation with an accountant is needed before doing this.http://dlvr.it/TNbwsL - Media Insider: TVNZ profit turnaround – CEO Jodi O’Donnell’s bonus revealed; Top screen boss resigns, sounds warning; Cannabis, pizza don’t mix, rules watchdog
Jodi O’Donnell leads TVNZ back to profit; Top screen industry CEO resigns, sounds warning.http://dlvr.it/TNZqVj - Is the Reserve Bank gold-plating its regulations? – Roger Partridge
OPINION: Nicola Willis now has power to push for a full independent review of the policy.http://dlvr.it/TNYh78 - Armourguard challenges banks’ bid for collective cash‑in‑transit talks
Banks want Commerce Commission approval to jointly renegotiate terms.http://dlvr.it/TNXVrH - Black Pineapple’s cocktail catering subsidiary owes Inland Revenue over $680k, founder disputes overdrawn account claim
Inland Revenue is owed more than $687,000 across multiple claims.http://dlvr.it/TNWHj7 - Why a financial expert says you should cancel your credit card – The Prosperity Project
Expert says spending beyond your means is a raw deal for your future self.http://dlvr.it/TNV8Cq - Is private health insurance worth it? – Diana Clement
Public waiting lists can push patients to pay privately or crowdfund care.http://dlvr.it/TNTMW5 - AI deepfakes and companion apps: How NZ can lead the world on child safety – Cecilia Robinson
OPINION: AI harms are hitting kids faster than parents and the Government can keep up.http://dlvr.it/TNSTr0 - Foreign buyers circle: Why New Zealand companies are suddenly in play – Stock Takes
Bremworth, Fonterra’s Mainland and Restaurants Brands are all in play.http://dlvr.it/TNRGfD - The Warehouse Group 2025 results: Net loss narrows to $2.8m
The Warehouse Group cut its net loss to $2.76m from $54.2m last year.http://dlvr.it/TNQ0yh - New Zealand Winegrowers reports bumper 2025 harvest with exports up 5% by volume but value down
US sales fell 4% to $762m, dragging the overall export value down slightly.http://dlvr.it/TNNjfY - Eke Panuku’s legacy and what will replace it; Allan Young reflects; Patrick Dougherty’s move; Mark Fraser on nearly five years at Kāinga Ora – Property Insider
‘Guiding urban renewal projects across the Auckland region’ – Allan Young’s achievements.http://dlvr.it/TNMb5G - Ten reasons why Auckland food business Bake & Beans failed, liquidator seeks buyer
Gourmet pies, cakes and savouries made by companies hit by a combination of events.http://dlvr.it/TNLXRw - How AI could upskill and future-proof Kiwi secondary school students
BusinessNZ says the updated curriculum will better equip future workers.http://dlvr.it/TNKpMD - Where to put a lump sum just sitting around – Darcy Ungaro
When your timeframe’s short, just save it.http://dlvr.it/TNK0Qw - Media Insider: TVNZ chair Alastair Carruthers stepping down early; The Traitors Australia defects to NZ; Ex-Herald editor urges Media Council to review cold-case story ruling
Outspoken ex-NZME investor turns to Sky TV; Ex-Herald ed criticises Media Council ruling.http://dlvr.it/TNHv3M - White Tiger Rotorua restaurant to reopen under new owner after $1.4m collapse
It closed in May but its new owner is planning a ‘grand comeback’.http://dlvr.it/TNGnXg - Mood of the Boardroom: NZ CEOs rank Government ministers and Labour leaders, Luxon and Willis fail to make top 10
150 business leaders give their verdict on the Govt in the Mood of the Boardroom survey.http://dlvr.it/TNFfrw - Trump’s US$100,000 H-1B visa fee: After initial shock, NZ firm sees workarounds
‘E-3 tsunami’ feared as a result of the huge fee applied to H-1B visas.http://dlvr.it/TNDXSQ - Trump’s H-1B visa order clarified as one-time US$100k fee for new petitions
Indian nationals make up nearly three-quarters of all new H-1B visa recipients.http://dlvr.it/TNBmvN - Why digital-first care is New Zealand’s best chance to fix health system – Cecilia Robinson
OPINION: How to build a fair and modern health system.http://dlvr.it/TN9xyd - KiwiSaver choice that could cost retirees almost $30,000
Retired women hold just 16% of their KiwiSaver in growth funds.http://dlvr.it/TN8rMc - Alarming US public debt means New Zealand Government should be more prudent – Bryce Wilkinson
OPINION: Net interest charges reached US$934b in 11 months, more than defence.http://dlvr.it/TN7jzT - GDT: Dairy prices slip again, down 0.8% in latest auction
Cheddar rises but mozzarella plunges in third straight GDT price decline.http://dlvr.it/TN6ZrD - Aviation Action Plan released: Changes for Ōhakea, regional airlines, aim to speed up new drone rules
Drones, Ōhakea, a pilot shortage and regional airlines all get attention in the new plan.http://dlvr.it/TN5RcT - Online grocer Paddock to Pantry expands product range in push against supermarket duopoly
A $10m South Auckland distribution hub is fuelling the rapid expansion.http://dlvr.it/TN4NWT - Should you keep your first home as a rental when upgrading? – Nadine Higgins
OPINION: Borrowing against your new home may leave you unable to claim tax breaks.http://dlvr.it/TN3grv - Southern Cross chief Nick Astwick on premiums, ageing and why health is your greatest asset – Money Talks
Nick Astwick was planning to be a detective before the banking sector swept him away.http://dlvr.it/TN2tW8 - Media Insider: Regional media firm, 20 jobs saved in rescue deal led by local identity
Firm owed more than $600,000 and most creditors will miss out – but jobs have been saved.http://dlvr.it/TN1n6v - A labour law reform that works for workers – Roger Partridge
OPINION: The bill removes unjustified dismissal rights for earners above $180,000.http://dlvr.it/TN0dlX - Briscoe Group flags cautious full-year forecast despite resilient sales
Briscoe Group’s net profit fell 11.8% to $29.3m in the first half while revenue was flat.http://dlvr.it/TMzSwS - Commerce Commission takes CityFitness to court over allegedly misleading membership prices
Advertised membership prices allegedly didn’t include a compulsory 3% “transaction fee”.http://dlvr.it/TMyK6h - Why your loved ones need you to write a will – The Prosperity Project
Neglecting to leave clear instructions can cause chaos for those you care about.http://dlvr.it/TMxDPl - The tax and legal minefields to be aware of when retiring overseas – Diana Clement
OPINION: Smooth sailing abroad starts with knowing these legal basics.http://dlvr.it/TMwSc3 - The hidden cost of hoarding cash: Nick Stewart
OPINION: With NZ’s economic headwinds, sitting on cash isn’t the safe option.http://dlvr.it/TMvdXh - UDC Finance makes bumper profit but credit losses climb – Stock Takes
The company booked a credit impairment charge of $39.8m in the 15 months to March 31.http://dlvr.it/TMtTdw - Time to unscramble New Zealand’s government – Roger Partridge
NZ has 81 ministerial portfolios across 28 ministers and 43 departments.http://dlvr.it/TMsGfv - Where NZ’s Airbnb guests come from and how much they spend on an average stay
Domestic guests made up 55% of Airbnb stays in NZ last year.http://dlvr.it/TMps1K - Jetstar fined $2.25m for misleading customers about compensation
Jetstar misled some customers about their refund rights after cancelled flights.http://dlvr.it/TMnnBG - Scammers are using my image to lure people into losing money – Nadine Higgins
OPINION: Scammers are using images of well-known Kiwi financial experts in online scams.http://dlvr.it/TMn5tY - The KiwiSaver provider that doesn’t pay contributions on top of salaries for staff – Mary Holm
OPINION: It’s not against the law but goes against the ‘spirit’ of the scheme.http://dlvr.it/TMmMZ2 - What rights do consumers have in a receivership and how you can protect yourself
And why you should try to avoid paying a deposit, if you can.http://dlvr.it/TMlLqb