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New Zealand News Highlights for August 7, 2024
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New Zealand Business Opportunities is Here
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Buy Watches Online NZ: Casio, Seiko, Citizen, Women’s and Men’s Listings
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- Newshub – Live at 6pm – Final Episode (5 July 2024)
Television, 2024, (Full Length) In April 2024 media conglomerate Warner Bros Discovery confirmed the closure of the Newshub newsroom. At 6pm on 5 July, Newshub delivered its final prime time bulletin. Presenters Samantha Hayes and Mike McRoberts keep their emotions in check to deliver the day’s big stories, including government funding for cancer drugs and… Read more: Newshub – Live at 6pm – Final Episode (5 July 2024) - Tourism Holdings forecasts $27m-$34m profit amid US market challenges
The business says it may need to make a goodwill impairment on its US assets.http://dlvr.it/TLk5HH - Tesla’s slump in sales accelerates as EV tax credit’s future looks shaky
Tesla’s global sales dropped 13.5% in the second quarter.http://dlvr.it/TLhvDt - Fiji’s path to equality offers lessons for New Zealand’s race debate – Richard Prebble
OPINION: Fiji’s 2013 Constitution ended the race-based electoral system.http://dlvr.it/TLggjX - I Am Living with HIV (First Episode)
Television, 2018, (Full Length) After a chance encounter with a travelling musician in 1993, Marama Mullen had no idea her life was about to change forever. Peter Mwai hid the fact he was HIV-positive and had knowingly infected multiple women, including Marama. In the first episode of documentary series I Am, Marama shares a candid… Read more: I Am Living with HIV (First Episode) - Media Insider: ‘Needs to grow … a bigger set of balls’ – BSA rejects complaint about Newstalk ZB’s Ryan Bridge’s reference to Prime Minister Christopher Luxon
A listener said the phrase was vulgar and disrespectful to the Prime Minister’s office.http://dlvr.it/TLfKNZ - Property v Bitcoin: Exploring which is best for Kiwi investors – Darcy Ungaro
Bitcoin’s value has surged to over US$100,000 since 2012.http://dlvr.it/TLdHNB - The Good Word – Series Three
Television, 2011, (Full Length Episodes) Literature — local and global — is celebrated and critiqued in the third season of The Good Word. Across 15 episodes, presenter Emily Perkins hosts a book club where three panelists provide their thoughts on a novel. Actor Jennifer Ward-Lealand , ex censor Bill Hastings and broadcaster Gordon McLauchlan are… Read more: The Good Word – Series Three - Australia’s age assurance trial shows path for NZ online safety – Cecilia Robinson
OPINION: Age estimation can be off by 18 months, posing some challenges.http://dlvr.it/TLcfpB - The ToolShed’s rise: From one van to 30 stores nationwide
The Giles family remains deeply involved, with Graeme’s son and nephew in key roles.http://dlvr.it/TLbym7 - L’Oréal boosts NZ operations with new $6m South Auckland distribution centre
L’Oréal’s NZ sales hit $180m in 2024, commanding 26% of the beauty market.http://dlvr.it/TLZy3p - Dairy exports vital for NZ economy despite butter price concerns: Dr Jacqueline Rowarth
Opinion: If the export income increases, New Zealanders are better off.http://dlvr.it/TLYt0H - Financial Markets Authority to crack down on bankers, advisers and lawyers amid uptick in mortgage fraud
FMA also concerned about migrants being conned by financial advisers.http://dlvr.it/TLXmx9 - Auditor-General: New Zealand energy sector needs more investment for reliability
Achieving net zero by 2050 will require increased spending in the electricity sector.http://dlvr.it/TLWjYl - Fletcher Building joint venture resolves dispute with NZTA over Puhoi motorway delay
Fletcher Building says it will gain $56 million from the Puhoi motorway settlement.http://dlvr.it/TLVfz8 - I want to revalue our home before a Family Court hearing and have my child give evidence too – The Ex-Files
OPINION: The court discourages involving children in disputes, to protect their welfare.http://dlvr.it/TLTzbY - Milk and bread to the door? Supermarkets adapt as small order deliveries take off
Supermarkets like FreshChoice Epsom now stay open until 9pm for online orders.http://dlvr.it/TLTHhd - Media Insider: Philip Polkinghorne pitches a book; TVNZ v Sky for Olympic TV rights; Can Brad Pitt and Formula 1 film turbocharge NZ’s box office?
Can Brad Pitt and F1 turbocharge NZ’s box office? TVNZ boss opens up on finances.http://dlvr.it/TLSHPx - Multi-millionaire Auckland landlord questions Healthy Homes standards for rentals
Peter Lewis is upgrading his 12 rentals but has questioned why others are exempt.http://dlvr.it/TLRFTY - Israel-Iran attacks: Israel to begin bringing back citizens stranded abroad
All of Israel’s commercial aircraft were sent outside of the country.http://dlvr.it/TLQ7Hk - Hart family business Walter & Wild acquires Hansells Masterton out of receivership
Walter & Wild, the new owner, initially placed Hansells into receivership.http://dlvr.it/TLP2wc - How to access KiwiSaver funds after separation – The Ex-Files
OPINION: I can’t afford to pay out my ex-partner – what can I do?http://dlvr.it/TLMKtV - Repco NZ pays $123m dividend to US owner, defies economic funk with big profits
Repco’s profits have doubled to $30m since 2019.http://dlvr.it/TLLcKG - Air India plane crash: Indian aviation’s close connection with New Zealand and student pilots
Hundreds of student pilots will need support after the crash, aviation leader says.http://dlvr.it/TLKXks - Retail spending dips as Kiwis tighten belts in May
Economist Satish Ranchhod says retail spending likely to remain ‘soft for a while’.http://dlvr.it/TLJSXH - Jetstar ditches Singapore-based operator for more New Zealand, Australia focus
Aircraft will be redeployed to New Zealand and Australia from Asia.http://dlvr.it/TLHLP8 - Opinion: China offers NZ certainty and long-term prosperity – Ambassador Wang Xiaolong
Opinion: ‘The key to our success lies in dialogue, collaboration and mutual benefit.’http://dlvr.it/TLGFsj - Spark delays 3G shutdown, Commerce Commission fields multiple complaints about retailers still selling 3G devices
Many devices beyond phones rely on 3G.http://dlvr.it/TLFG2r - Commercial property versus residential: Scott O’Neill shares insights – Nadine Higgins
Commercial property yields in NZ range from 5% to 8.38%, higher than residential.http://dlvr.it/TLDcPb - First look: James Kirkpatrick Group starts building $1b Wiri warehouse hub
Heir’s vision becomes a reality: ‘Dad wanted this to be the best’ – James Kirkpatrick jnr.http://dlvr.it/TLCvSQ - Media Insider: Stuff removes fake video of ‘delivery driver’ eating food on doorstep; Major moves and departures in advertising industry; Radio Awards – Heather du Plessis-Allan’s big win
Heather du Plessis-Allan’s big night at Radio Awards; TVNZ drops award-winning series.http://dlvr.it/TLBsKB - Jeffrey Epstein invested with Peter Thiel, and his estate is reaping millions
New York Times:http://dlvr.it/TL9l5F - Are errands and household tasks OK on a slow workday?
New York Times: Is it ok do the laundry or start cooking dinner during work time?http://dlvr.it/TL8ZSt - NZME targets $12m savings as shareholders vote on Steven Joyce joining board as chair
Shareholders vote on a new look board, including former National MP Steven Joyce.http://dlvr.it/TL7PCK - Mental health support at work is not optional – Peter Simunovich
OPINION: Businesses invested in mental health during the pandemic but many are regressing.http://dlvr.it/TL6F7m - From foster care to own boss: How teen mum Alicia McKay defied the odds
At 36, Alicia McKay is an internationally successful consultant, author and speaker.http://dlvr.it/TL5RzF - Healthcare turf war: The tussle for public funds in the business of general practice
Family practice funding feud: a fight for public money.http://dlvr.it/TL4hTM - Smith & Caughey’s closure sparks retail frenzy and nostalgia
The store’s ‘End of an Era Sale’ began on Wednesday, attracting lines around the block.http://dlvr.it/TL3hfk - Media Insider podcast: Media and Communications Minister Paul Goldsmith on RNZ ratings, TVNZ financials and the state of his industry reforms
Media Insider podcast: Minister’s advice to RNZ – never lose sight of core radio business.http://dlvr.it/TL2gkx - Joint venture: Three medical cannabis firms propose roll-up into one united firm
Three major NZ cannabis firms plan to merge into Helius Health by June.http://dlvr.it/TL1cbS - Cast Aluminium Bistro Table And Chairs SetICYMI: Patio Accessory Things The set is perfect for any size garden, this bistro set is made from cast aluminium and is perfectly sized for two people to dine. The set would look great on a patio or decking area and would be ideal for enjoying those summer evenings outdoors from Charles Bentley.http://dlvr.it/TKyvl1http://dlvr.it/TKzxPv
- Tired of political attacks, Elon Musk turns back to Mars and autonomous cars
The billionaire is disenchanted with Washington and worried about his safety, sources say.http://dlvr.it/TKzZyY - Cast Aluminium Bistro Table And Chairs SetThe set is perfect for any size garden, this bistro set is made from cast aluminium and is perfectly sized for two people to dine. The set would look great on a patio or decking area and would be ideal for enjoying those summer evenings outdoors from Charles Bentley.http://dlvr.it/TKyvl1http://dlvr.it/TKz7ZT
- How solar and batteries fit with Meridian Energy, NZ’s biggest hydro generator
Meridian’s Ruakākā Bess is NZ’s first large-scale grid battery storage system.http://dlvr.it/TKyvkp - Karaka homeowner complains of loud sounds from cladding on new $1.27m home, builder says nothing wrong
Sound’s a known behaviour of the product and not a sign of a defect, says Fletcher Living.http://dlvr.it/TKyChw - Budget 2025: $4.95b for agriculture to drive growth and innovation
‘When our rural communities do well, the whole country benefits.’http://dlvr.it/TKx9y4 - Media Insider: RNZ funding to be slashed by $18m over next four years, minister expects stronger audience reach, trust levels
Government announces a boost for regional journalism; RNZ faces $18m cut over four years.http://dlvr.it/TKw4N0 - ACC’s sexual abuse liability at risk of becoming another pay equity fiscal cliff – Richard Prebble
OPINION: Politicians need to learn budgeting lessons from pay equity disaster.http://dlvr.it/TKtztv - Callaghan Innovation lays off start-up support team, Auckland mayor makes tech grab
Budget day is desk clear-out day for Callaghan’s commercialisation team.http://dlvr.it/TKspxm - Budget 2025’s tricky balance of surplus and growth challenges – Hayden Wilson
Opinion: Is there light at the end of the tunnel?http://dlvr.it/TKrfwN - Employment law changes are a setback for NZ workers – Sasha Borissenko
OPINION: The Government is waging war on employment rights.http://dlvr.it/TKqsV2 - Pay equity ‘underhand move’ erodes democracy in NZ – Dellwyn Stuart
The Government used urgency to change pay equity rules last week.http://dlvr.it/TKq2sy - On the Up: NZ e-learning firm Chameleon signs TikTok, ANZ, NRL
Founder realises he has a blind spot – then corrects it.http://dlvr.it/TKntNz - Fishing company Sanford doubles half year profit to $34m
The result comes off the back of good returns for Sanford’s salmon farming operation.http://dlvr.it/TKmk17 - Why the Waitangi Tribunal ‘should be disestablished’ – Richard Prebble
OPINION: Parliament needs to return to original purpose of Crown honouring promises.http://dlvr.it/TKlXJX - Allevia Hospital Epsom project is NZ’s biggest private hospital expansion
It will be NZ’s only private hospital with both intensive care and high-dependency units.http://dlvr.it/TKkL7F - Media Insider: Newstalk ZB political editor Jason Walls to join TVNZ as business correspondent, replacing Katie Bradford
Walls has been ZB political editor since January 2023.http://dlvr.it/TKjBpF - Auckland couple’s struggle after sudden job losses and redundancy payout battle
Now Didi van Heerden has been awarded $207,000 from the company and its director.http://dlvr.it/TKhR3Y - Media Insider: From heartbreak emerges an enduring media legacy – Globox digital billboard firm acquired by Lumo
‘It allows me to focus on myself and the kids and figure out life without Allan.’http://dlvr.it/TKgc1n - NZ avocado industry eyes North America, Asia for export growth
NZ Avocado plans to diversify export markets, focusing on North America and Asia.http://dlvr.it/TKfScC - Winton Land’s Northbrook Wānaka: first $60m 32-home stage done, nearly half sold
Nothing for under $1m here: the starting point is $1.24m, but prices go up to $4.5m.http://dlvr.it/TKdFbp - Sky TV founder Craig Heatley’s company joins Hopper Developments on $220m Bay of Islands marina plans
A forecast 140 jobs are to be created over 30 years if plans are allowed to proceed.http://dlvr.it/TKZnxT - Media Insider: NZME’s new-look executive team – editor-in-chief returns to the top table, chief commercial officer leaving company
The changes come a month before the company’s critical shareholders’ meeting.http://dlvr.it/TKYdSS - Banking on blame: Scam reforms too little, too late – Sasha Borissenko
OPINION: NZ’s scam prevention lags behind global standards – here’s why.http://dlvr.it/TKXr24 - Elections in Canada and Australia signal shift away from Trump-style politics – Steven Joyce
Canada’s Liberal Party made a stunning comeback, winning a plurality of seats.http://dlvr.it/TKWzQf - Real estate boss Martin Cooper, Cooper & Co fined for misconduct in Real Estate Authority probe
Business under pressure during Covid times and ‘significant’ sales downturn: Martin Cooperhttp://dlvr.it/TKVnS3 - Online supermarket Paddock to Pantry to triple range with new warehouse, opening second store
The online supermarket is pitching itself as a real alternative to the big players.http://dlvr.it/TKTbbF - Fog-caster start-up Pyper Vision signs deal with British Airways
A Kiwi inks a new deal as she aims to cut hassles fog inflicts on passengers and pilots.http://dlvr.it/TKSNzW - 120 jobs on the line as Fonterra plans closure of Hamilton Canpac site
Fonterra plans to close the Hamilton canning and packaging facility in July.http://dlvr.it/TKRC22 - ‘Trusted’ builders to certify their own work
The changes are the latest in the Government’s moves to make building more efficient.http://dlvr.it/TKQ362 - How America’s indebtedness is trimming Donald Trump’s wings – Jenée Tibshraeny
Market turbulence is seen as more than a bout of volatility.http://dlvr.it/TKPHK1 - Is MMP still right for NZ? Reflecting on 30 years of electoral change – Bruce Cotterill
OPINION: Critics argue MMP leads to disproportionate influence by fringe parties.http://dlvr.it/TKNTVS - Wendy’s NZ expansion planned under new US giant Flynn Group’s ownership
Greg Flynn is the CEO of Flynn Group, one of the largest franchise operators globally.http://dlvr.it/TKMNJD - Cottage cheese craze causes demand increase, with no sign of slowing
Fonterra has noticed the high-protein, low-calorie dairy food’s popularity is on the up.http://dlvr.it/TKL9zP - Historical Tuakau Hotel plans $5m expansion amid heritage tourism boom
The hotel has been in the Tuakau community for 150 years.http://dlvr.it/TKK104 - Taking flight: How Air New Zealand brokered its Dreamliner revamp deal amid Covid lockdowns
Air NZ’s 787 retrofits cost $35m each at S.T. Engineering in Singapore.http://dlvr.it/TKHsHQ - How China took over the world’s rare earths industry
New York Times: China’s rare earth dominance leaves US vulnerable amid export halt.http://dlvr.it/TKGtkK - AI in courtrooms: Legal system grapples with GenAI challenges – Sasha Borissenko
AI tools risk breaching privacy by using sensitive, suppressed information.http://dlvr.it/TKGBZW - NZ’s infrastructure crisis: Unlocking Crown assets for renewal – Roger Partridge
OPINION: New Zealand faces a $210 billion infrastructure deficit with ageing systems.http://dlvr.it/TKFRgF - Cyclone Tam live updates: Moderate risk of thunderstorms as storm remains over Tasman Sea
A potential low-system is set to form on the northeast coast of New Zealand.http://dlvr.it/TKDVwX - Auckland Council report opposes Westmere helipad application for Anna Mowbray, Ali Williams: submissions released
All 1397 public submissions are out: 91% or 1277 opposed, 108 supporting, 12 are neutral.http://dlvr.it/TKBBC0 - NZ horticultural exports: Vietnam expansion eyed after success with apples, cherries and kiwifruit
New Zealand earned $172m from horticultural exports to Vietnam in 2024.http://dlvr.it/TK92JV - Champions for Change summit in Northland: Inclusive workforces vital for NZ’s future
More than 80 business leaders met at Waitangi to discuss workplace inclusion.http://dlvr.it/TK7vhK - Thousands without internet in West Auckland
An issue was reported to Chorus last night.http://dlvr.it/TK791W - NZ businessman Terry Serepisos among victims as alleged fraudster faces Swiss court
Prosecutors claim New Zealand victims bankrolled private jet and a Spanish football club.http://dlvr.it/TK6NCg - Wood, hemp sectors want to join wool in new Government construction rules
“Highly disappointed that this procurement policy hasn’t been extended to wood products.”http://dlvr.it/TK5J0f - Why the bond market is at the centre of Trump’s tariff turnaround – The Front Page
‘Bond markets are widely considered to be the most powerful political force in the world’http://dlvr.it/TK459z - OCR decision: RBNZ takes ‘dovish’ tone, expected to cut rates further on tariff downturn
The RBNZ cut the OCR by 25 basis points but hinted that it is prepared to go further.http://dlvr.it/TK2sg7 - New Zealand’s high school robotics title holders scramble for world championships funding after previous backers withdraw
The previous backers have pulled out.http://dlvr.it/TK1fXG - Trump’s Liberation Day move depresses NZ wholesale interest rates, Kiwi dollar
NZ wholesale interest rates have fallen after the US introduced higher tariff charges.http://dlvr.it/TK0ShG - Why family trusts are no longer as attractive as they used to be – Sasha Borissenko
OPINION: Last week the trustee tax rate increased from 33% to 39%.http://dlvr.it/TJzg1d - Auckland Zoo in legal clash over accessible bathroom design
Construction of accessible bathroom at Auckland Zoo triggers year-long standoff.http://dlvr.it/TJyqQF - Takeovers Panel probes Jim Grenon’s NZME share purchases
The Auckland businessman is wanting an overhaul of NZME’s board.http://dlvr.it/TJxgq7 - The Body Shop NZ owes $12 million, mall landlords among creditors
$147k was owed to employees, but all were paid during administration.http://dlvr.it/TJwSjF - What KiwiSaver investors should do after a bad start to 2025 for world sharemarkets
The S&P 500 is down by almost 5% while the local NZX50 has dropped 6.4%.http://dlvr.it/TJvDM8 - NZ sharemarket rebounds, led by Tower block sale
The S&P/NZX 50 Index closed at 12,312.6, up 42.6 points or 0.35%.http://dlvr.it/TJsvpJ - Media Insider: NZME board comes out firing at Jim Grenon over editorial control, governance concerns; delays annual shareholders’ meeting until June
NZME board raises concerns over governance, independence and editorial control.http://dlvr.it/TJrp0Q - Supermarket duopoly: What Nicola Willis’ adviser thinks about breaking up Foodstuffs and Woolworths – Jenée Tibshraeny
ANALYSIS: Will making groceries more affordable become Nicola Willis’ legacy?http://dlvr.it/TJr2dQ - Are leaders rewarded for profile, not performance?: Bruce Cotterill
OPINION: Jill Barad received a US$50 million severance after leaving Mattel in 2000.http://dlvr.it/TJqDhZ - NZ sharemarket dips, Ryman Healthcare rebounds from 13-year low
The NZ sharemarket closed down 28.39 points or 0.23%.http://dlvr.it/TJmxpr
See the enlightenment of online listing NZ cultural events among great people in a place of creative historical passions and New Zealand News.
- Newshub – Live at 6pm – Final Episode (5 July 2024)Television, 2024, (Full Length) In April 2024 media conglomerate Warner Bros Discovery confirmed the closure of the Newshub newsroom. At 6pm on 5 July, Newshub delivered its final prime time bulletin. Presenters Samantha Hayes and Mike McRoberts keep their emotions in check to deliver the day’s big stories, including government funding for cancer drugs and… Read more: Newshub – Live at 6pm – Final Episode (5 July 2024)
- Tourism Holdings forecasts $27m-$34m profit amid US market challengesThe business says it may need to make a goodwill impairment on its US assets.http://dlvr.it/TLk5HH
- Tesla’s slump in sales accelerates as EV tax credit’s future looks shakyTesla’s global sales dropped 13.5% in the second quarter.http://dlvr.it/TLhvDt
- Fiji’s path to equality offers lessons for New Zealand’s race debate – Richard PrebbleOPINION: Fiji’s 2013 Constitution ended the race-based electoral system.http://dlvr.it/TLggjX
- I Am Living with HIV (First Episode)Television, 2018, (Full Length) After a chance encounter with a travelling musician in 1993, Marama Mullen had no idea her life was about to change forever. Peter Mwai hid the fact he was HIV-positive and had knowingly infected multiple women, including Marama. In the first episode of documentary series I Am, Marama shares a candid… Read more: I Am Living with HIV (First Episode)
- Media Insider: ‘Needs to grow … a bigger set of balls’ – BSA rejects complaint about Newstalk ZB’s Ryan Bridge’s reference to Prime Minister Christopher LuxonA listener said the phrase was vulgar and disrespectful to the Prime Minister’s office.http://dlvr.it/TLfKNZ
- Property v Bitcoin: Exploring which is best for Kiwi investors – Darcy UngaroBitcoin’s value has surged to over US$100,000 since 2012.http://dlvr.it/TLdHNB
- The Good Word – Series ThreeTelevision, 2011, (Full Length Episodes) Literature — local and global — is celebrated and critiqued in the third season of The Good Word. Across 15 episodes, presenter Emily Perkins hosts a book club where three panelists provide their thoughts on a novel. Actor Jennifer Ward-Lealand , ex censor Bill Hastings and broadcaster Gordon McLauchlan are… Read more: The Good Word – Series Three
- Australia’s age assurance trial shows path for NZ online safety – Cecilia RobinsonOPINION: Age estimation can be off by 18 months, posing some challenges.http://dlvr.it/TLcfpB
- The ToolShed’s rise: From one van to 30 stores nationwideThe Giles family remains deeply involved, with Graeme’s son and nephew in key roles.http://dlvr.it/TLbym7
- L’Oréal boosts NZ operations with new $6m South Auckland distribution centreL’Oréal’s NZ sales hit $180m in 2024, commanding 26% of the beauty market.http://dlvr.it/TLZy3p
- Dairy exports vital for NZ economy despite butter price concerns: Dr Jacqueline RowarthOpinion: If the export income increases, New Zealanders are better off.http://dlvr.it/TLYt0H
- Financial Markets Authority to crack down on bankers, advisers and lawyers amid uptick in mortgage fraudFMA also concerned about migrants being conned by financial advisers.http://dlvr.it/TLXmx9
- Auditor-General: New Zealand energy sector needs more investment for reliabilityAchieving net zero by 2050 will require increased spending in the electricity sector.http://dlvr.it/TLWjYl
- Fletcher Building joint venture resolves dispute with NZTA over Puhoi motorway delayFletcher Building says it will gain $56 million from the Puhoi motorway settlement.http://dlvr.it/TLVfz8
- I want to revalue our home before a Family Court hearing and have my child give evidence too – The Ex-FilesOPINION: The court discourages involving children in disputes, to protect their welfare.http://dlvr.it/TLTzbY
- Milk and bread to the door? Supermarkets adapt as small order deliveries take offSupermarkets like FreshChoice Epsom now stay open until 9pm for online orders.http://dlvr.it/TLTHhd
- Media Insider: Philip Polkinghorne pitches a book; TVNZ v Sky for Olympic TV rights; Can Brad Pitt and Formula 1 film turbocharge NZ’s box office?Can Brad Pitt and F1 turbocharge NZ’s box office? TVNZ boss opens up on finances.http://dlvr.it/TLSHPx
- Multi-millionaire Auckland landlord questions Healthy Homes standards for rentalsPeter Lewis is upgrading his 12 rentals but has questioned why others are exempt.http://dlvr.it/TLRFTY
- Israel-Iran attacks: Israel to begin bringing back citizens stranded abroadAll of Israel’s commercial aircraft were sent outside of the country.http://dlvr.it/TLQ7Hk
- Hart family business Walter & Wild acquires Hansells Masterton out of receivershipWalter & Wild, the new owner, initially placed Hansells into receivership.http://dlvr.it/TLP2wc
- How to access KiwiSaver funds after separation – The Ex-FilesOPINION: I can’t afford to pay out my ex-partner – what can I do?http://dlvr.it/TLMKtV
- Repco NZ pays $123m dividend to US owner, defies economic funk with big profitsRepco’s profits have doubled to $30m since 2019.http://dlvr.it/TLLcKG
- Air India plane crash: Indian aviation’s close connection with New Zealand and student pilotsHundreds of student pilots will need support after the crash, aviation leader says.http://dlvr.it/TLKXks
- Retail spending dips as Kiwis tighten belts in MayEconomist Satish Ranchhod says retail spending likely to remain ‘soft for a while’.http://dlvr.it/TLJSXH
- Jetstar ditches Singapore-based operator for more New Zealand, Australia focusAircraft will be redeployed to New Zealand and Australia from Asia.http://dlvr.it/TLHLP8
- Opinion: China offers NZ certainty and long-term prosperity – Ambassador Wang XiaolongOpinion: ‘The key to our success lies in dialogue, collaboration and mutual benefit.’http://dlvr.it/TLGFsj
- Spark delays 3G shutdown, Commerce Commission fields multiple complaints about retailers still selling 3G devicesMany devices beyond phones rely on 3G.http://dlvr.it/TLFG2r
- Commercial property versus residential: Scott O’Neill shares insights – Nadine HigginsCommercial property yields in NZ range from 5% to 8.38%, higher than residential.http://dlvr.it/TLDcPb
- First look: James Kirkpatrick Group starts building $1b Wiri warehouse hubHeir’s vision becomes a reality: ‘Dad wanted this to be the best’ – James Kirkpatrick jnr.http://dlvr.it/TLCvSQ
- Media Insider: Stuff removes fake video of ‘delivery driver’ eating food on doorstep; Major moves and departures in advertising industry; Radio Awards – Heather du Plessis-Allan’s big winHeather du Plessis-Allan’s big night at Radio Awards; TVNZ drops award-winning series.http://dlvr.it/TLBsKB
- Jeffrey Epstein invested with Peter Thiel, and his estate is reaping millionsNew York Times:http://dlvr.it/TL9l5F
- Are errands and household tasks OK on a slow workday?New York Times: Is it ok do the laundry or start cooking dinner during work time?http://dlvr.it/TL8ZSt
- NZME targets $12m savings as shareholders vote on Steven Joyce joining board as chairShareholders vote on a new look board, including former National MP Steven Joyce.http://dlvr.it/TL7PCK
- Mental health support at work is not optional – Peter SimunovichOPINION: Businesses invested in mental health during the pandemic but many are regressing.http://dlvr.it/TL6F7m
- From foster care to own boss: How teen mum Alicia McKay defied the oddsAt 36, Alicia McKay is an internationally successful consultant, author and speaker.http://dlvr.it/TL5RzF
- Healthcare turf war: The tussle for public funds in the business of general practiceFamily practice funding feud: a fight for public money.http://dlvr.it/TL4hTM
- Smith & Caughey’s closure sparks retail frenzy and nostalgiaThe store’s ‘End of an Era Sale’ began on Wednesday, attracting lines around the block.http://dlvr.it/TL3hfk
- Media Insider podcast: Media and Communications Minister Paul Goldsmith on RNZ ratings, TVNZ financials and the state of his industry reformsMedia Insider podcast: Minister’s advice to RNZ – never lose sight of core radio business.http://dlvr.it/TL2gkx
- Joint venture: Three medical cannabis firms propose roll-up into one united firmThree major NZ cannabis firms plan to merge into Helius Health by June.http://dlvr.it/TL1cbS
- Cast Aluminium Bistro Table And Chairs SetICYMI: Patio Accessory Things The set is perfect for any size garden, this bistro set is made from cast aluminium and is perfectly sized for two people to dine. The set would look great on a patio or decking area and would be ideal for enjoying those summer evenings outdoors from Charles Bentley.http://dlvr.it/TKyvl1http://dlvr.it/TKzxPv
- Tired of political attacks, Elon Musk turns back to Mars and autonomous carsThe billionaire is disenchanted with Washington and worried about his safety, sources say.http://dlvr.it/TKzZyY
- Cast Aluminium Bistro Table And Chairs SetThe set is perfect for any size garden, this bistro set is made from cast aluminium and is perfectly sized for two people to dine. The set would look great on a patio or decking area and would be ideal for enjoying those summer evenings outdoors from Charles Bentley.http://dlvr.it/TKyvl1http://dlvr.it/TKz7ZT
- How solar and batteries fit with Meridian Energy, NZ’s biggest hydro generatorMeridian’s Ruakākā Bess is NZ’s first large-scale grid battery storage system.http://dlvr.it/TKyvkp
- Karaka homeowner complains of loud sounds from cladding on new $1.27m home, builder says nothing wrongSound’s a known behaviour of the product and not a sign of a defect, says Fletcher Living.http://dlvr.it/TKyChw
- Budget 2025: $4.95b for agriculture to drive growth and innovation‘When our rural communities do well, the whole country benefits.’http://dlvr.it/TKx9y4
- Media Insider: RNZ funding to be slashed by $18m over next four years, minister expects stronger audience reach, trust levelsGovernment announces a boost for regional journalism; RNZ faces $18m cut over four years.http://dlvr.it/TKw4N0
- ACC’s sexual abuse liability at risk of becoming another pay equity fiscal cliff – Richard PrebbleOPINION: Politicians need to learn budgeting lessons from pay equity disaster.http://dlvr.it/TKtztv
- Callaghan Innovation lays off start-up support team, Auckland mayor makes tech grabBudget day is desk clear-out day for Callaghan’s commercialisation team.http://dlvr.it/TKspxm
- Budget 2025’s tricky balance of surplus and growth challenges – Hayden WilsonOpinion: Is there light at the end of the tunnel?http://dlvr.it/TKrfwN
- Employment law changes are a setback for NZ workers – Sasha BorissenkoOPINION: The Government is waging war on employment rights.http://dlvr.it/TKqsV2
- Pay equity ‘underhand move’ erodes democracy in NZ – Dellwyn StuartThe Government used urgency to change pay equity rules last week.http://dlvr.it/TKq2sy
- On the Up: NZ e-learning firm Chameleon signs TikTok, ANZ, NRLFounder realises he has a blind spot – then corrects it.http://dlvr.it/TKntNz
- Fishing company Sanford doubles half year profit to $34mThe result comes off the back of good returns for Sanford’s salmon farming operation.http://dlvr.it/TKmk17
- Why the Waitangi Tribunal ‘should be disestablished’ – Richard PrebbleOPINION: Parliament needs to return to original purpose of Crown honouring promises.http://dlvr.it/TKlXJX
- Allevia Hospital Epsom project is NZ’s biggest private hospital expansionIt will be NZ’s only private hospital with both intensive care and high-dependency units.http://dlvr.it/TKkL7F
- Media Insider: Newstalk ZB political editor Jason Walls to join TVNZ as business correspondent, replacing Katie BradfordWalls has been ZB political editor since January 2023.http://dlvr.it/TKjBpF
- Auckland couple’s struggle after sudden job losses and redundancy payout battleNow Didi van Heerden has been awarded $207,000 from the company and its director.http://dlvr.it/TKhR3Y
- Media Insider: From heartbreak emerges an enduring media legacy – Globox digital billboard firm acquired by Lumo‘It allows me to focus on myself and the kids and figure out life without Allan.’http://dlvr.it/TKgc1n
- NZ avocado industry eyes North America, Asia for export growthNZ Avocado plans to diversify export markets, focusing on North America and Asia.http://dlvr.it/TKfScC
- Winton Land’s Northbrook Wānaka: first $60m 32-home stage done, nearly half soldNothing for under $1m here: the starting point is $1.24m, but prices go up to $4.5m.http://dlvr.it/TKdFbp
- Sky TV founder Craig Heatley’s company joins Hopper Developments on $220m Bay of Islands marina plansA forecast 140 jobs are to be created over 30 years if plans are allowed to proceed.http://dlvr.it/TKZnxT
- Media Insider: NZME’s new-look executive team – editor-in-chief returns to the top table, chief commercial officer leaving companyThe changes come a month before the company’s critical shareholders’ meeting.http://dlvr.it/TKYdSS
- Banking on blame: Scam reforms too little, too late – Sasha BorissenkoOPINION: NZ’s scam prevention lags behind global standards – here’s why.http://dlvr.it/TKXr24
- Elections in Canada and Australia signal shift away from Trump-style politics – Steven JoyceCanada’s Liberal Party made a stunning comeback, winning a plurality of seats.http://dlvr.it/TKWzQf
- Real estate boss Martin Cooper, Cooper & Co fined for misconduct in Real Estate Authority probeBusiness under pressure during Covid times and ‘significant’ sales downturn: Martin Cooperhttp://dlvr.it/TKVnS3
- Online supermarket Paddock to Pantry to triple range with new warehouse, opening second storeThe online supermarket is pitching itself as a real alternative to the big players.http://dlvr.it/TKTbbF
- Fog-caster start-up Pyper Vision signs deal with British AirwaysA Kiwi inks a new deal as she aims to cut hassles fog inflicts on passengers and pilots.http://dlvr.it/TKSNzW
- 120 jobs on the line as Fonterra plans closure of Hamilton Canpac siteFonterra plans to close the Hamilton canning and packaging facility in July.http://dlvr.it/TKRC22
- ‘Trusted’ builders to certify their own workThe changes are the latest in the Government’s moves to make building more efficient.http://dlvr.it/TKQ362
- How America’s indebtedness is trimming Donald Trump’s wings – Jenée TibshraenyMarket turbulence is seen as more than a bout of volatility.http://dlvr.it/TKPHK1
- Is MMP still right for NZ? Reflecting on 30 years of electoral change – Bruce CotterillOPINION: Critics argue MMP leads to disproportionate influence by fringe parties.http://dlvr.it/TKNTVS
- Wendy’s NZ expansion planned under new US giant Flynn Group’s ownershipGreg Flynn is the CEO of Flynn Group, one of the largest franchise operators globally.http://dlvr.it/TKMNJD
- Cottage cheese craze causes demand increase, with no sign of slowingFonterra has noticed the high-protein, low-calorie dairy food’s popularity is on the up.http://dlvr.it/TKL9zP
- Historical Tuakau Hotel plans $5m expansion amid heritage tourism boomThe hotel has been in the Tuakau community for 150 years.http://dlvr.it/TKK104
- Taking flight: How Air New Zealand brokered its Dreamliner revamp deal amid Covid lockdownsAir NZ’s 787 retrofits cost $35m each at S.T. Engineering in Singapore.http://dlvr.it/TKHsHQ
- How China took over the world’s rare earths industryNew York Times: China’s rare earth dominance leaves US vulnerable amid export halt.http://dlvr.it/TKGtkK
- AI in courtrooms: Legal system grapples with GenAI challenges – Sasha BorissenkoAI tools risk breaching privacy by using sensitive, suppressed information.http://dlvr.it/TKGBZW
- NZ’s infrastructure crisis: Unlocking Crown assets for renewal – Roger PartridgeOPINION: New Zealand faces a $210 billion infrastructure deficit with ageing systems.http://dlvr.it/TKFRgF
- Cyclone Tam live updates: Moderate risk of thunderstorms as storm remains over Tasman SeaA potential low-system is set to form on the northeast coast of New Zealand.http://dlvr.it/TKDVwX
- Auckland Council report opposes Westmere helipad application for Anna Mowbray, Ali Williams: submissions releasedAll 1397 public submissions are out: 91% or 1277 opposed, 108 supporting, 12 are neutral.http://dlvr.it/TKBBC0
- NZ horticultural exports: Vietnam expansion eyed after success with apples, cherries and kiwifruitNew Zealand earned $172m from horticultural exports to Vietnam in 2024.http://dlvr.it/TK92JV
- Champions for Change summit in Northland: Inclusive workforces vital for NZ’s futureMore than 80 business leaders met at Waitangi to discuss workplace inclusion.http://dlvr.it/TK7vhK
- Thousands without internet in West AucklandAn issue was reported to Chorus last night.http://dlvr.it/TK791W
- NZ businessman Terry Serepisos among victims as alleged fraudster faces Swiss courtProsecutors claim New Zealand victims bankrolled private jet and a Spanish football club.http://dlvr.it/TK6NCg
- Wood, hemp sectors want to join wool in new Government construction rules“Highly disappointed that this procurement policy hasn’t been extended to wood products.”http://dlvr.it/TK5J0f
- Why the bond market is at the centre of Trump’s tariff turnaround – The Front Page‘Bond markets are widely considered to be the most powerful political force in the world’http://dlvr.it/TK459z
- OCR decision: RBNZ takes ‘dovish’ tone, expected to cut rates further on tariff downturnThe RBNZ cut the OCR by 25 basis points but hinted that it is prepared to go further.http://dlvr.it/TK2sg7
- New Zealand’s high school robotics title holders scramble for world championships funding after previous backers withdrawThe previous backers have pulled out.http://dlvr.it/TK1fXG
- Trump’s Liberation Day move depresses NZ wholesale interest rates, Kiwi dollarNZ wholesale interest rates have fallen after the US introduced higher tariff charges.http://dlvr.it/TK0ShG
- Why family trusts are no longer as attractive as they used to be – Sasha BorissenkoOPINION: Last week the trustee tax rate increased from 33% to 39%.http://dlvr.it/TJzg1d
- Auckland Zoo in legal clash over accessible bathroom designConstruction of accessible bathroom at Auckland Zoo triggers year-long standoff.http://dlvr.it/TJyqQF
- Takeovers Panel probes Jim Grenon’s NZME share purchasesThe Auckland businessman is wanting an overhaul of NZME’s board.http://dlvr.it/TJxgq7
- The Body Shop NZ owes $12 million, mall landlords among creditors$147k was owed to employees, but all were paid during administration.http://dlvr.it/TJwSjF
- What KiwiSaver investors should do after a bad start to 2025 for world sharemarketsThe S&P 500 is down by almost 5% while the local NZX50 has dropped 6.4%.http://dlvr.it/TJvDM8
- NZ sharemarket rebounds, led by Tower block saleThe S&P/NZX 50 Index closed at 12,312.6, up 42.6 points or 0.35%.http://dlvr.it/TJsvpJ
- Media Insider: NZME board comes out firing at Jim Grenon over editorial control, governance concerns; delays annual shareholders’ meeting until JuneNZME board raises concerns over governance, independence and editorial control.http://dlvr.it/TJrp0Q
- Supermarket duopoly: What Nicola Willis’ adviser thinks about breaking up Foodstuffs and Woolworths – Jenée TibshraenyANALYSIS: Will making groceries more affordable become Nicola Willis’ legacy?http://dlvr.it/TJr2dQ
- Are leaders rewarded for profile, not performance?: Bruce CotterillOPINION: Jill Barad received a US$50 million severance after leaving Mattel in 2000.http://dlvr.it/TJqDhZ
- NZ sharemarket dips, Ryman Healthcare rebounds from 13-year lowThe NZ sharemarket closed down 28.39 points or 0.23%.http://dlvr.it/TJmxpr