NZ stocks end choppy week with decline
“Steel & Tube highlighted the continuing challenging environment with residential and commercial construction slowing, and for some companies maybe they haven’t reached the bottom yet,” Solly said. Sales volumes declined 8 million to 35.5 million tonnes during the period ending October. Steel & Tube said some improvement is expected from mid-2025 as interest rate cuts start to stimulate activity in the construction and manufacturing sectors. Infratil gained 14c to $12.65; Restaurant Brands was up 7c or 2.07% to $3.45; and Millennium & Copthorne Hotels NZ increased 6c or 3.35% to $1.85. It will likely maintain lower margins for an extended period to achieve greater market penetration and boost profitability.
Source:New Zealand Herald
November 15, 2024 06:05 UTC
Child abuse images: Preschool teacher charged
A woman working as a preschool teacher has been arrested and charged with possessing objectionable child abuse images. A parent whose child attends the centre told the Herald it was “sickening” to learn the woman had been caring for young children. Parents had been told there was nothing to suggest children at the centre had been subject to abuse. The woman is charged with possessing objectionable child abuse images. “He disclosed to us that she is being charged with possession ... of objectionable material and child abuse images.
Source:New Zealand Herald
November 15, 2024 05:46 UTC
The 4B Movement grows in popularity: Why US women are swearing off men – The Front Page
“Whether they choose to or not, this content ends up in their social media feeds and becomes normalised. Recently, a male white nationalist influencer and Holocaust denier’s social media post – where he coined the phrase ‘Your body, my choice’ –- went viral and fuelled some of this 4B discussion. Billington said this shows there is a real chance insults targeted at women online can easily translate to the real world. Listen to the full episode for more on the 4B Movement, and how young men and women are interacting online. The Front Page is a daily news podcast from the New Zealand Herald, available to listen to every weekday from 5am.
Source:New Zealand Herald
November 15, 2024 03:03 UTC
Man facing raft of driving charges
Photo: ODT filesA Dunedin man on bail and drink-driving blasted past police while doing over double the speed limit, it is alleged. The 27-year-old man was also passing traffic on the wrong side of the road and blaring his horn at other drivers. Police activated their lights and signalled for him to pull over, but he continued driving and turned left into Forbury Rd. While there, he recorded a breath alcohol level of 781mcg - three times the legal limit of 250mcg. He was charged with breaching bail, driving while suspended, excess breath alcohol and was currently on active charges for more driving related matters, unrelated to last night or the incident a fortnight ago.
Source:Otago Daily Times
November 14, 2024 22:24 UTC
Senior Māori MPs Rawiri Waititi, Shane Jones trade blows on haka, pornography after Treaty bill row
Put that in your article.”Members of Te Pāti Māori perform a haka in front of ACT MPs during the first reading of the Treaty Principles Bill in Parliament on Thursday. Maipi-Clarke approached Seymour with her colleagues and co-leaders Waititi and Debbie Ngarewa-Packer to challenge him over his Treaty Principles Bill. Te Pāti Māori co-leader Rawiri Waititi speaking during the first reading of the Treaty Principles Bill yesterday. But Waititi said a haka was “a natural tool that we use to support our debate”. Use every Māori tool you have to support your kaupapa [cause].
Source:New Zealand Herald
November 14, 2024 22:00 UTC
Ratepayers' $1 million used to keep ODT afloat
Crux has discovered that Allied Press (publisher of the ODT, Mountain Scene and Central Otago News) is receiving unusual levels of financial support from local ratepayers. Both the Queenstown Lakes District Council and Dunedin City Council have disclosed a number of "non-approved - non-list" news publishers being paid for council advertising. Many of the key stories Crux has investigated since 2018 tend not to appear in Allied Press titles. $577,761QLDC - Allied Press spend (Mountain Scene etc). Regards Sandy (Graham) Chief Executive Dunedin City Council.
Source:Otago Daily Times
November 14, 2024 21:03 UTC
Open mike 15/11/2024
an excerpt from a much more detailedreport that I published over at Carbon Brief today. See that for more details on climate model/observation comparisons, sea ice extent, and other climate variables. In myThis is a re-post from The Climate Brink , and...
Source:Stuff
November 14, 2024 19:39 UTC
Kayaker Lui Nifo’s courage a major factor in safe rescue of Manawanui crew in Samoa, says New Zealand Defence Force
Nifo helped find, guide and evacuate crew on to safe areas so they could come ashore. The Chief of Defence Force (CDF), Air Marshal Tony Davies, awarded Nifo a high-level commendation for his involvement. “His courage and determined efforts, in what was an extremely complex and deteriorating environment, were a major factor in the entire crew of Manawanui being safely rescued,” Davies said. HMNZS Manawanui supply ship hit a reef before catching fire and sinking last month off Samoa. The Double Down responded immediately and helped with rescue operations throughout the evening by transferring the Manawanui crew from life rafts to the cable ship MS Lodbrog.
Source:New Zealand Herald
November 14, 2024 19:14 UTC
Editorial: Is Air New Zealand’s latest safety video a slam dunk?
An Air NZ executive says it looks at the sequencing of messaging and then at building entertainment and engagement storytelling around that. In the 15 years since the airline’s safety videos first hit seat-back screens (and equally importantly, social media) – the Air NZ safety videos haven’t all been hits but they have grabbed attention. The safety information that lurks deeply in some may have been imparted to a wider audience than a dull public safety message. Air safety is in sharper focus with a number of high-profile, serious turbulence incidents in the last 12 months. Emirates has this year been running a “no-nonsense safety video” and it is as advertised.
Source:New Zealand Herald
November 14, 2024 17:33 UTC
Food prices drop for October - but still up annually
Monthly food prices fell 0.9 percent in October compared with September, according to figures released by Stats NZ today. The largest contributor to the fall was vegetables, down 7.2 percent. But a rise in fruit prices, up 0.6 percent, partly offsets that. NZ Herald business editor at large Liam Dann explains what this means for the state of the economy - and inflation. LISTEN ABOVE
Source:New Zealand Herald
November 14, 2024 13:07 UTC
This Government’s day of shame
Written By: mickysavage - Date published: 10:33 am, November 14th, 2024 - 62 commentsCategories: act, Christopher Luxon, david seymour, national, racism, same old national, treaty settlements - Tags:This is the day that Act’s dogwhistle Lets Change the Treaty bill is set to be debated in Parliament. It was meant to be introduced next Thursday, the same day that a large Hikoi was meant to arrive at Parliament. But in a big F*(k you to the movement Seymour brought the introduction day forward. The change will have the benefit that Christopher Luxon will be out of the country when the bill is debated. The letter said the coalition’s bill sought to “redefine in law the meaning of te Tiriti, by replacing the existing ‘Treaty principles’ with new Treaty principles which are said to reflect the three articles of te Tiriti”.
Source:New Zealand Herald
November 14, 2024 10:07 UTC
Health NZ Commissioner steps in to stop staff losing Milo
Photo: RNZThe man in charge of the country's public health system has stepped in to ensure all staff can still have a drink of Milo at work. Authorised staff will be able to make Milo purchases using the same system as before. Before the intervention of the Commissioner, purchase of Milo was to be limited to when it was required "for clinical reasons or under contractual arrangements". "I know from our staff on the frontline that they particularly enjoy Milo, and it should continue to be available to them." "This feels like the Commissioner is micromanaging a budget and that's concerning when making cuts," one clinical staff member said.
Source:New Zealand Herald
November 14, 2024 09:19 UTC
Sky TV talks tough on rugby, expects softening revenue, possible extra satellite migration costs
Moloney has reiterated several times she expects a deal by year’s end, given both parties need about 12 months to accommodate logistics. “We have entered these discussions in a significantly improved position to when we last negotiated the Sanzaar rights in 2019,” Bowman said. The broadcaster warned in August that Optus manufacturing delays meant an interim solution would need to be found – and by May 2025. The preferred option is a satellite that could be moved in space to the same position as the current D2 (160 degrees East). While Optus is on the hook for most of the costs, Sky says it has “conservatively” increased the upper limit of its satellite migration contingency from $10-$15m to $20m.
Source:New Zealand Herald
November 14, 2024 01:37 UTC
Sky talks tough on rugby amid ‘softening’ revenue
Subscribe to BusinessDeskUnlock access to all stories with this special annual deal for just $99. Sale ends Monday 18 November 2024 11.59pm. Stay informed on business, government and financial developments across New Zealand. Subscription renews at $349. We are serious about journalism.
Source:New Zealand Herald
November 14, 2024 01:14 UTC
Latest Auckland bus attack leaves driver in hospital with fractured ribs and eye damage
A bus driver suffered facial injuries after he was attacked by a passenger following racial abuse in September on the Number 18 bus in Avondale. In September, Auckland bus driver Rajnish Trehan was attacked in a racially charged tirade after an unruly passenger refused to pay. Two months ago, Mayor Wayne Brown urged Auckland Transport to “get on with the rollout” of perspex screens to protect bus drivers. The Government is increasing police patrols on public transport and may make offences against public transport users an aggravated factor at sentencing, but Police Minster Mark Mitchell said there are “deep intergenerational problems” at play. Police would like to hear from anyone who might have witnessed the attack on the bus driver at St Lukes and has information to share.
Source:New Zealand Herald
November 13, 2024 21:15 UTC