* The Reserve Bank has lowered the OCR by 0.5%, citing subdued economic activity.
* Retail banks, including Kiwibank, ANZ, and ASB, promptly reduced their variable rates.
* Finance Minister Nicola Willis welcomed the cut, highlighting potential relief for households and businesses.
The Reserve Bank of New Zealand has announced a 0.
* A man died in a water-related incident in Milford Sound, Southland, yesterday afternoon.
* Emergency services were alerted to two people needing help in the water at 12:50pm.
* One other person sustained minor injuries, and the incident is being referred to the Coroner.
A man has died following a water-related
* New Zealand’s banks will launch the Confirmation of Payee service by November 2024.
* This service helps customers ensure the payee’s name matches the account number before payments.
* Full implementation across digital banking platforms is expected by Easter 2025.
New Zealand’s retail banks are set to introduce the
* New Zealand’s banks will launch the Confirmation of Payee service by November 2024.
* This service helps customers ensure the payee’s name matches the account number before payments.
* Full implementation across digital banking platforms is expected by Easter 2025.
New Zealand’s retail banks are set to introduce the
* The Reserve Bank has lowered the OCR by 0.5%, citing subdued economic activity.
* Retail banks, including Kiwibank, ANZ, and ASB, promptly reduced their variable rates.
* Finance Minister Nicola Willis welcomed the cut, highlighting potential relief for households and businesses.
The Reserve Bank of New Zealand has announced a 0.
* A man died in a water-related incident in Milford Sound, Southland, yesterday afternoon.
* Emergency services were alerted to two people needing help in the water at 12:50pm.
* One other person sustained minor injuries, and the incident is being referred to the Coroner.
A man has died following a water-related
* TVNZ has proposed shutting down its 1News website by February 2025 for cost savings.
* The proposal aims to achieve $30 million in savings and streamline TVNZ’s digital strategy.
* TVNZ staff were informed today, with feedback being sought before a final decision is made.
TVNZ is proposing to close its
* Air New Zealand cuts capacity on three domestic routes due to reduced demand.
* Invercargill to Wellington flights to end in January 2025 amid global engine issues.
* Airline schedules changes for Queenstown, Dunedin, and New Plymouth routes.
Air New Zealand is reducing capacity on three domestic routes by flying smaller planes
* New $30 million fund to support councils in cleaning up vulnerable contaminated sites.
* The fund replaces the Contaminated Sites Remediation Fund and covers more remediation projects.
* Eligible councils can apply to protect communities and the environment from potential risks.
The Government has launched a new $30 million Contaminated Sites and
* The PPTA is proposing to allow membership for teachers working in charter schools.
* David Seymour views this as a positive shift towards accepting charter schools.
* Charter school teachers may gain collective bargaining rights through PPTA membership.
The Post Primary Teachers' Association (PPTA) is proposing to allow teachers from charter
* Air New Zealand to cut direct Invercargill-Wellington flight from January 2025.
* Mayor Clark and Southland Business Chamber CEO raise concerns over regional connectivity.
* Air New Zealand cites low demand and aircraft shortages for cutting the direct route.
Air New Zealand has announced it will discontinue its direct flights between Wellington
