New Zealand News Update for August 6, 2024
Disclaimer: News is constantly changing. For the most current and comprehensive information, please visit New Zealand news websites directly.
Key News Points
Based on available information, here are some potential news topics that might be relevant for New Zealand on August 6, 2024:
- Weather: New Zealand’s weather can be quite dynamic. Check for updates on any storms, heavy rain, or wind warnings.
- Economy: Keep an eye on economic indicators, such as interest rates, inflation, and employment figures.
- Politics: There might be developments in New Zealand’s political landscape, including government policies, party stances, or election-related news.
- Agriculture: News related to the agricultural sector, such as dairy prices, farming conditions, or export issues, could be prominent.
- Tourism: Updates on the tourism industry, including visitor numbers, new attractions, or travel advisories, might be available.
Reliable New Zealand News Sources
To get the most accurate and up-to-date news, I recommend checking many other reputable New Zealand news outlets here on our site.
Would you like to focus on a specific news category or region within New Zealand?
- Inside: Investigation escalates Trump’s long-running feud with Powell over interest rate levels
NY Times: Trump has attacked Powell for resisting his demands to slash interest rates.http://dlvr.it/TQJFzV - As sure as Night ’n Day: Family-run business that rose from a corner dairy to 54 franchise stores – can it disrupt supermarket duopoly?
How a world-famous shop for Otago students became NZ’s third-biggest grocery retailer.http://dlvr.it/TQHJsg - Five New Year’s resolutions we should make as a country – Cecilia Robinson
OPINION: Why we should choose optimism over cynicism.http://dlvr.it/TQGZHV - NZ sharemarket ends first week up over 1% – Market close
The S&P/NZX 50 Index closed at 20.61 points or 0.15%.http://dlvr.it/TQFgJQ - Lunch with … Anna Mowbray – the rich-list high-flyer on the keys to business success, raising a blended family with an ex-All Black and her values: ‘I’m definitely a Scrooge!’‘[Ali is] such an incredible person; a big softie – he’s so open, so vulnerable, so real.’http://dlvr.it/TQDYkd
- NZ stocks edge higher after Wall St powers ahead – Market close
Fisher and Paykel Healthcare climbed 3%, doing most of the local heavy lifting.http://dlvr.it/TQCSYn - NZ sharemarket continues upwards trajectory – Market close
US oil companies buoyant on Trump plan for them to rebuild Venezuela’s oil industry.http://dlvr.it/TQBLgv - ManageMyHealth informing GP clinics affected by cyber attack before contacting individuals later this week
Company apologises and admits it could have communicated more clearly.http://dlvr.it/TQ9Hc1 - The big obstacles to Trump’s plan for a Venezuelan oil windfall
Venezuela now pumps about one million barrels a day, under 1% of global oil supply.http://dlvr.it/TQ8MpH - Tesla loses EV crown to China’s BYD in 2025 as sales slip
BYD sold 2.26 million EVs last year to overtake its US rival run by Elon Musk.http://dlvr.it/TQ7dtg - Media Insider: 26 predictions for New Zealand media in 2026 (and how our 2025 predictions fared)
The best-read and most engaging Media Insider stories of past 12 months and more CEO Q&As.http://dlvr.it/TQ6qTY - Failed property developer Ritesh Mani must pay $750,000 to supplier, court orders
Twice-bankrupted Ritesh Mani’s Eco-Smart Homes owed more than $750,000 to a supplier.http://dlvr.it/TQ60TH - Election 2026 a toss-up as Luxon India deal, AI revolution reshape economy – Richard Prebble
OPINION: My forecasts for the year ahead.http://dlvr.it/TQ5H4z - Holiday blues make for quiet end to NZX year – Market close
NZX’s 2025 performance trails 2024 but is up 3% for the year.http://dlvr.it/TQ4RTx - Deep Blue
Television, 1995 Setting sail across the South Pacific, Deep Blue follows a 10-month voyage through remote and wild oceans and islands. This 13-episode documentary series is presented by American filmmaker Mike deGruy, alongside filmmaker Peta Carey and musician Ole Maiava. Aboard the yacht Evohe, the team dive with a stunning variety of marine life, explore… Read more: Deep Blue - Gull, NPD merger should bring fuel prices down with low-cost business model – AA
The merged NPD-Gull group would control about 240 fuel sites nationwide.http://dlvr.it/TQ2qNs - Why you should consider investing outside of New Zealand – Mary Holm
OPINION: The NZ sharemarket makes up about 0.1% of all the shares in the world.http://dlvr.it/TQ2DJX - The cost of keeping principals: Pay packets at top private schools
One private school’s principal earns more than Cabinet ministers.http://dlvr.it/TQ1Ynt - Media Insider: Six media chief executives, six questions for 2026 – hear from the bosses of TVNZ, NZME, RNZ, Stuff, Sky TV, and MediaWorksTheir words – TVNZ, NZME, RNZ, Stuff, Sky & MediaWorks bosses on 2025 and what lies ahead.http://dlvr.it/TQ0w24
- Rodd & Gunn’s new $10m+ four-storey global flagship in Melbourne heritage building
‘Level of detail and how each floor of the store works is incredible,’ says Mike Beagley.http://dlvr.it/TQ0G6p - How the Whitakers bought their first Waikato dairy farm in their 30s
Their strict budgets, low early interest and off-farm income reduced debt fast.http://dlvr.it/TPzPHP - Deloitte Top 200 2025: Top 30 financial institutions lift profits 10.6% in 2025
Motor Trade Finance debuts at rank 27 with assets of $1228m.http://dlvr.it/TPyRlv - Pāmu Landcorp boss promises better financial performance, says there are ‘conversations’ around its future
Mark Leslie told Newstalk ZB the Crown would ‘like to release some capital’.http://dlvr.it/TPxZvx - Waikato’s Newstead Orchard: Future secured as new partner takes over operations
Annie Perkins has bought into the business, learning alongside John Woolford.http://dlvr.it/TPwtC4 - Kaikōura developer Garry Robertson launches defamation action against district council and senior official
A council official called Garry Robertson a ‘complete prick’ and a ‘consummate taker’.http://dlvr.it/TPw1Kj - Media Insider: John Campbell’s new Morning Report role – RNZ’s robust board discussions; Girls Uninterrupted podcast ends; Sky TV sport content facelift; Westpac agency moves
Sky Sport’s content facelift; Westpac’s big agency move; Warehouse marketing shake-up.http://dlvr.it/TPtxXd - LawVu hits $400m valuation, buys European firm ClauseBase to boost its AI push
A Bay of Plenty start-up signs up some big-name global customers.http://dlvr.it/TPss9d - Media Insider: Julian Batchelor v TVNZ defamation case – former TVNZ presenter Peter Williams takes stand in support of Jim Grenon-funded Batchelor claim
Julian Batchelor is suing TVNZ and an academic in a defended hearing over a 2023 story.http://dlvr.it/TPrpPN - GDP preview: How strong is the economy? September quarter data due
GDP data for the September quarter, due this week, are expected to show a strong bounce.http://dlvr.it/TPqn17 - No reprieve for Nicola Willis expected from Treasury forecasts, as return to surplus in question
The return to surplus may be pushed out again.http://dlvr.it/TPptDn - Surviving in ‘25: Was the year really as bad as it felt? – Liam Dann
OPINION: It ain’t over yet… Liam Dann tempts fate with his year in review.http://dlvr.it/TPpCP1 - 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