Author: Press Room
New rules will make gift cards more generous – but not until next year, and shoppers are being warned to be wary this Christmas.From March next year, gift cards will be required to have an expiry date not less than three years from the date the card was sold.But the law change only takes effect for cards sold from that point so people are being warned to check the terms and conditions of any they buy this month.National MP Dan Bidois said during the final reading of the bill to enact the change that people in New Zealand could be…
Dairy prices are at near two-year low after the eighth consecutive fall in the global auction overnight.The average price at the auction fell 4.3% to US$3507 a tonne, following the 3% drop in the previous auction two weeks ago.The price of whole milk powder, which strongly influences the payout to farmers, fell 2.4% to US$3364 a tonne.The Global Dairy Trade Price Index fell to its lowest level since January 2024.NZX dairy analyst Rosalind Crickett said the latest auction saw weak bidding amid oversupply in the market.”Regional buying again was dominated by North Asia which accounted for 50% of total product…
The number of companies going broke has increased in recent months as creditors take a harsh view, but they are down on a year ago amid signs of economic recovery.The latest report from BWA Insolvency for the September quarter showed a 5% rise in the number of insolvencies to 777 on the previous quarter, but down 6% on the same period in 2024.BWA Insolvency principal Bryan Williams said the number of insolvencies reflected an economic “game of two halves”.”On one side, you’ve got irrepressible forward-looking indicators-share prices rising, real estate agents bouncing back, building permits up, and even ready-mix concrete…
Airbus engineers have found defects on a wider set of A320 fuselage panels as they prepare to inspect hundreds of jets for a flaw that the company’s chief executive says is hurting deliveries. A presentation to airlines seen by Reuters showed that the total number of planes needing inspections for recently discovered quality problems on metal panels at the front of some planes was 628, including 168 already in service. This figure also includes 245 in assembly lines, according to the presentation, of which industry sources said about 100 are earmarked for delivery this year. A further 215 are in an earlier stage…
Former police commissioner Andrew Coster has quit his new role at the Social Investment Agency in the wake of the Jevon McSkimming scandal.Public Service Commissioner Sir Brian Roche confirmed the news this afternoon. “I respect Mr Coster’s decision. It was the right thing to do,” Sir Brian said.He resigned just 12 months into a five-year term.Read: Andrew Coster’s full statement on his resignationCoster has been under fire since the release of a damning IPCA report, in which the authority said it found “serious misconduct” among the upper echelons of police during the handling of former deputy police commissioner McSkimming.”I also…
The Kiwi iteration of IKEA’s app has gone live — featuring prices for many of the thousands of items available for purchase from tomorrow. The 34,000m2 store in Auckland’s Sylvia Park will open to customers on Thursday, selling around 7500 products from flatpack furniture sets to smaller, everyday household necessities. Its opening was expected to cause widespread traffic delays and “mayhem” around the already-busy shopping area. IKEA’s loyalty programme had previously been rolled out nationwide, offering members exclusive discounts and early updates ahead of opening day. First look inside finished Auckland IKEA, food on offer – Watch on TVNZ+In August,…
Six60 and Synthony will headline the first concert at Christchurch’s One New Zealand Stadium next year.They will lead the ‘Once In A Lifetime’ show on May 16 in what organisers say will be a landmark moment for New Zealand’s live music scene.Fans could expect a full Six60 set featuring new music alongside their biggest hits, a full Synthony set blending dance anthems with a live orchestra, and a collaborative finale where the two acts join forces to reimagine Six60’s hits with Synthony’s signature orchestral-electronic sound.Six60 said in a statement was a “real honour” to play the inaugural show at the…
A man has been arrested after police raided a property in Dunedin and found 820 kilograms of allegedly stolen pounamu. Police executed a search warrant on Monday and seized 820kg of allegedly stolen pounamu samples that had been cut and were for sale. A 29-year-old man was arrested for obstruction and appeared in the Dunedin District Court. He was released on bail. Further charges regarding the stolen mineral were being considered. Te Rūnanga o Makaawhio chairman Paul Madgwick said Ngāi Tahu first filed a complaint with the police after the sale and supply of pounamu, both online and within the…
Linkin Park will be returning to New Zealand for the first time in over a decade, announcing a one-off show in Auckland for next year. The nu-metal outfit will play at Auckland’s Spark Arena on Wednesday, March 18. It will be the first time the band has played in New Zealand since 2013. Ticket information is available via Live Nation. Linkin Park rose to prominence in the early 2000s with hits like Numb and In the End. The group went on hiatus in 2017 after the tragic death of then-singer Chester Bennington. In 2023, they reformed, announcing Emily Armstrong as…
The 27-year-old Northland woman charged with neglect after a two-year-old girl was discovered alive in a suitcase on board an Intercity bus is seeking a defence of insanity.This was confirmed in the Auckland District Court today by the woman’s lawyer, Kate Goodman-Creed. She said she had sought a psychiatric report, which would be referred to the Crown, for it to assess and decide whether to commission one of its own. Under the Criminal Procedure (Mentally Impaired Persons) Act, a court can find a case against a person is proven, but can rule they are not criminally responsible by reason of…