Those producer prices were -0.2% lower in April than March and recall March also recorded a fall from February. Their services sector expanded faster at 56.8, and their factory sector shifted from a contraction in April to a modest expansion in May. In Europe, their early look at May PMIs shows their services sector still expanding at a good pace, but their factory sector still in a small contraction. And the NZ Government 10 year bond rate is at 4.42% and down -3 bps bp from yesterday. Analysts expect a +25 bps rise to 5.50% although financial markets have priced in an equal chance of a +25 bps or +50 bps rise.

Alistair Jamison, relatively newly appointed CEO of the Radio Broadcasters Association (RBA) discusses why he believes audio has a bright future. The success of audio in Aotearoa will be directly linked to advertisers and agencies understanding the audio landscape and the many strengths audio has to draw on. The one thing that is universal across all that kōrero is a passion for and belief in a bright future for the audio industry. Over time that has changed and I believe the range of audio advertising strengths gives audio unparalleled options for advertisers. I suspect the same is the case here in Aotearoa, but I believe with a strong and consistent audio industry narrative that this perception gap can be closed and the future for the commercial audio industry is very bright.

Wednesday’s Rugby News 24/05/2023Today’s Rugby News has Hooper considering his post-Super options, Cron encouraging Folau Fainga’a to ease back on the BS, Aaron Mauger to step down from coaching Moana Pasifika and NZ Sevens players accused of “gamesmanship”. Hooper to play last Super game in Sydney next weekThe SMH reports that 31 year old Michael Hooper is nearing the end of a five year contract and has informed NSW Rugby he will not be continuing in Super Rugby. That means the Waratahs’ tight clash with Moana Pasifika on Saturday week at Allianz Stadium is almost certainly Hooper’s last game at home. He also took a series of light-hearted pot shots at individuals within the Brumbies’ team. Mauger has been with Moana Pasifika since the club’s 2022 Super Rugby debut, but has decided to step down from the role to prioritise his family.

World Health Organization (WHO) published this video item, entitled “7000 people join WHO’s fourth Walk the Talk Geneva event” – below is their description. WHO staged its fourth Walk the Talk: Health for All Challenge event in Geneva on 21 May 2023. The free, public event promoted the importance of physical activity, healthy lifestyles and collaboration for health. It was held on the eve of the 76th World Health Assembly and in conjunction with WHO’s 75th anniversary. More information: https://www.who.int/news-room/events/detail/2023/05/21/default-calendar/walk-the-talk-geneva-2023 World Health Organization (WHO) YouTube ChannelGot a comment?

1News published this video item, entitled “The story of Thomas Edmonds.” – below is their description. Thomas Edmonds didn’t only know to make good baking powder, he was a marketing maestro. He gave his cookbooks away for free, so home bakers would use his product to make their recipes, and he came up with a catchy slogan and a logo, which endures to this day. Archival footage courtesy of Ngā Taonga Sound & Vision and the Aotearoa New Zealand Film Heritage Trust. 1News YouTube Channel

nzherald.co.nz published this video item, entitled “Assaults on police skyrocket, outrage at kiwi treatment & Prince Harry loses case | nzherald.co.nz” – below is their description. Assaults on police skyrocket, Miami Zoo breaks its silence and Prince Harry’s latest plea for police protection in the latest New Zealand Herald headlines. Full story: https://bit.ly/3q7YTnP Subscribe and be notified of breaking news: https://goo.gl/LP45jX Check out our playlists: https://goo.gl/Swd249 Like NZ Herald on Facebook: https://goo.gl/tUC4oq Follow NZ Herald on Instagram: https://goo.gl/oLicXe Follow NZ Herald on Twitter: https://goo.gl/Wi6mbv nzherald.co.nz YouTube ChannelGot a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

Sustainable FuturePolarising carbon capture tech back on NZ radarThe energy sector wants the Government to urgently introduce regulations enabling carbon capture and storage in New Zealand, as a way to cut CO2 emissions. New proposed standards from the US’s Environmental Protection Agency, an organisation which supports carbon capture, contain a critical edge. He says it’s not just the traditional smokestack/fossil fuel production areas where carbon capture technology could potentially be exciting. But there’s so much potential in there.”Moving onto Government’s radarSo, where is the Government on the issue of carbon capture and storage? Twelve years on, what does the Government think of the push from Energy Resources and others for action on carbon capture?

It’s widely believed that wind and solar power can achieve this. Solar power disappears completely every night and drops by 50 per cent or more during cloudy days. This brings with it a new operating regime where stations that were designed to operate continuously have to follow unpredictable fluctuations in wind and solar power. For every MW of wind or solar power in California, $120 million would need to be spent on storage. But if we had 100 per cent nuclear backup for solar and wind, we wouldn’t need the wind and solar plants at all.

Allan Adams. Photo / Pea Sea ArtBy RNZLast week, a package was sent to the Port Chalmers gallery Pea Sea Art addressed to Allan Adams - a well-known homeless man living in the area. In it, the photographer asked for one photo to be given to Adams and the other to be sold on his behalf. The photograph of Allan Adams and the letter. Photo / Pea Sea ArtIn 2001, he ended up in Dunedin, where he has been since.

Speaking to media, Luxon denied using AI, saying: “No, [National isn’t using AI to make ads], not that I’m aware of.” Photo / Alex CairnsSpeaking to media, Luxon denied using AI, saying: “No, [National isn’t using AI to make ads], not that I’m aware of.” Photo / Alex CairnsThe National Party has been exposed for using artificial intelligence-generated art in political attack ads without the knowledge of leader Christopher Luxon. Speaking to media, Luxon denied using AI, saying: “No, [National isn’t using AI to make ads], not that I’m aware of.”A National Party spokesperson said, however: “Yes we have used AI to create some stock images. “You are making an accusation that we are using it, I am not sure that we are [using AI]. Luxon last week announced tax receipts to show taxpayers where their money was being spent, and deputy leader Nicola Willis’ suggestion AI could write them. Labour, meanwhile, said it hadn’t used AI in any adverts and didn’t intend to.

Large dogs will be allowed to travel on Auckland Transport buses for eight weeks from Sunday, subject to terms and conditions. Wood’s tour was at the NZ Bus depot on Wynyard Quarter on Tuesday, where he met with speaking bus drivers and union representatives. His visit follows the Budget 2023 announcement of a $49.3 million investment in bus driver wages and improving bus driver conditions – on top of the 2022 budget investment of $62m. “I'll just be really clear that our bus drivers do an enormously important job for us. After increasing bus wages and restoring suspended services, AT would roll out phase two of its ‘Public Transport Turnaround programme:’ contactless payment on public transport, priority for buses at intersections and more bus lanes.

Entain Set To Take Over New Zealand Tab as Final Approval ArrivesPosted on: May 23, 2023, 07:50h. Entain is officially ready to receive the keys to New Zealand Tab (Tab NZ). To secure this, the 460 full-time employees at Tab NZ were to be guaranteed job security for a minimum of two years. Entain, which will control Tab NZ for the next 25 years, will keep the Tab NZ brand. Tab NZ Loses CEOEntain agreed not to reduce the current workforce at Tab NZ, which it has done.

Photo: NZ HeraldMore than 500 job losses have been confirmed at the Auckland Council and its agencies as part of Mayor Wayne Brown’s cost-cutting budget. Auckland Council chief executive Jim Stabback has announced 160 jobs will be lost and about 200 fulltime equivalent jobs are going at the council’s economic development agency Tātaki Auckland Unlimited. Auckland Council chief executive Jim Stabback has announced the loss of 160 roles and signalled more change is coming. Tātaki has 1021 fulltime equivalent staff across its businesses, which include Auckland Zoo, Auckland Art Gallery, NZ Maritime Museum and Auckland stadiums. The job losses, including some existing vacancies, are in addition to the announcement that 150 jobs are going at Auckland Transport and 16 at the property arm Panuku Development Auckland.

An Invercargill fish store worker described chasing down a man who allegedly stole a charity donation box. Duty manager Josie Ross said while it was scary for the staff, it was not unusual. Ms Ross said a man came in and ordered some crab sticks and half a scoop of chips. Ms Ross said she told him to get out of her store, which prompted him to take the donation box from the counter and run away with it. A worker who was trying to stop him was pushed on to the road by the alleged thief.

Nightly news bulletin from Tuesday, May 23, 2023. Top stories: Highlanders star Aaron Smith gears up for an emotional farewell in his final home game; an Otago University graduate is making history as first Saudi Arabian woman to journey to space; and the RoyalGolden Fleece Exhibition showcases the best of its kind in the country. The South Today features stories from Dunedin, Christchurch, Otago, Southland, and other regions across the South Island. The team covers local people, local issues and puts a local spin on national news.