Author: Press Room
By Susan Edmunds of RNZ Whether you were in the mood for Coldplay, Pearl Jam, Crowded House or the Queenstown marathon, there was no shortage of gigs and events to get to in November. But it appears anyone trying to fly to one might have had to shell out a bit more than normal – and Consumer NZ says it is further proof there is a need for a market study into domestic aviation. Stats NZ data shows domestic airfares were up 10.8 percent in November compared to October, the biggest increase since July 2023. Domestic accommodation prices also rose, up 6.9 percent over the…
Many people are used to eking things out between paydays, but once you reach retirement and you’re not working, this is no longer an option.Retirement can last for several decades for many, so it’s important to keep your money working even when you’re not.Fisher Funds’ Wealth Advice Lead, Laura O’Reilly, has some tips for entering this new chapter with confidence and ensuring your nest egg can see you through.Advisers would generally plan out a client’s retirement to age 90, and there are several options to consider when you reach the big milestone of 65, whether you are retired or continue…
Two of Arthur Easton’s children have urged anyone with information about their father’s killing to “do the right thing and come forward”. It’s the first time the family has spoken publicly since the murder, police said.Easton, 52 at the time of his death, was killed 39 years ago on October 13, 1985 at his home in Auckland’s Papakura.Police said a male intruder entered the Grove Road home at about 8pm that day. Easton and his two teenage sons confronted him, leading to a “violent altercation” that resulted in Easton’s death, police said.Patrick Easton appealed for anyone with information about the…
A New Plymouth man was lost for words after finding out he’d won $23.3 million with Lotto Powerball after popping into the supermarket over the weekend.The man, who wished to remain anonymous, had picked up a Power Dip while doing his grocery shop at Woolworths Spotswood ahead of Saturday’s draw.He then went back to the supermarket on Sunday afternoon to “grab a few things” with his sister.”As we walked in, she said, ‘Hey did you know someone won $23 million here last night’, so I fished around in my wallet and thought I’d better check my ticket while I was…
A tyre company has been fined $243,000 for breaches of the Fair Trading Act when extended warranties were charged to customers without their awareness or consent.The charges were filed by the Commerce Commission. Beau Ideal Limited, formerly trading as Beaurepaires and which now trades under the name Advantage Tyre Solutions, sold extended warranties called ‘Road Hazard Cover’ that provided tyre care and repairs for the first 12 months after the tyres were purchased.The company’s invoicing system automatically added Road Hazard Cover to all customer quotes for tyre purchases and relied on customers to opt-out if they did not want the…
Starmer said the energy partnership with Norway would help boost growth and protect against fluctuations in energy prices, such as those that happened after the 2022 Russian invasion of Ukraine. ADVERTISEMENTBritish Prime Minister Keir Starmer is visiting Norway where he will unveil plans for a green energy deal on a two-day trip to northern Europe.Starmer is expected to visit a cross-border carbon capture site and hold talks with his Norwegian counterpart, Jonas Gahr Støre, to discuss the pact which is expected to be signed in spring next year.Starmer said the energy partnership with Norway would help boost growth and protect…
Half year update (HYEFU) expected to show bigger deficits for longerReturn to budget surplus likely pushed out a further year to 2028/29Economic and financial forecasts weaker in near termLikely increase in borrowing of around $6 billion in 2026-28 The government’s financial outlook is expected to deteriorate as a sluggish economy and weaker tax take further delay a return to budget surplus and cause an increase in borrowing. The Half Year Economic and Fiscal Update (HYEFU) will be released on December 17 with updated financial and economic forecasts for the next few years and comparison against this year’s Budget in…
One person had died following a motorcycle crash during the early hours of this morning in Waikato. The crash occurred on Morrison Road in Pukekawa and was reported to emergency services at around 5.35am today. “There do not appear to have been any other vehicles involved in the crash,” police said. Enquiries into the circumstances of the crash are currently underway.
An abandoned proposal by the Dunedin City Council to sell Aurora Energy cost more than $240,000, but several councillors say the information-gathering exercise was worthwhile. Kevin Gilbert was one councillor who argued the council had to take a serious look at possibilities. “There were legitimate benefits to both the option of selling Aurora and in keeping it,” he said. Cr Brent Weatherall was another. “The mammoth exercise for councillors and residents was extremely cost-effective considering the magnitude of the city’s most valuable organisation and large public consultation process,” he said. Now that the decision had been made not to sell,…
One person has died, and seven others are injured following a two-vehicle crash near Stratford in Taranaki last night. Emergency services were called to State Highway 3 near Monmouth Road in Pembroke at around 11pm. “One person was located deceased, and seven others were located in a moderate to serious condition,” police said. Hato Hone St John responded to the crash with three ambulances, one rapid response unit and one first response unit. It said seven people were transported to Taranaki Base Hospital, with one in a critical condition, one in a serious condition and five in a moderate condition.The…