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4 Jul 2024

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OCR: Expectations increase for a 2024 rate cut
Predictions are increasing that a cut is coming soon.

The Caesar salad turns 100 years old
Italian immigrant Caesar Cardini is said to have invented the dish in 1924 at his restaurant, in Tijuana, Mexico. It was a steamy night, and Cardini was struggling to feed an influx of Californians.

Person dies in Manapouri house fire, others unaccounted for, police say
Police say they are still working to account for all residents.

Jeff Bezos to sell another $5bn of Amazon shares
In February, Mr Bezos announced that he would sell shares in technology giant worth around $8.5bn.

Fatima Payman quits Labor 'with a heavy heart but a clear conscience'
First-term senator Fatima Payman will quit Labor to sit on the crossbench, after becoming the first Labor MP in decades to defy her party in a vote to recognise Palestinian statehood.

IRD targets cryptocurrency users not declaring it in taxable income
IRD had identified 227,000 cryptocurrency users in NZ who made about 7 million transactions with a value of $7.8b in the last tax year.

China's BYD opens EV factory in Thailand, first in Southeast Asia

New Zealand to support better education outcomes in Nauru
New Zealand is committing five million dollars to support education in Nauru.

Who are the McKays? New Zealand woman dies in US robbery but businessman husband unharmed
Patricia McKay is being remembered as a wonderful person who "loved being a grandmother" following her death outside a US shopping centre.

Government wants to 'flood the market' to make houses more affordable - will it work?
There are questions, but these changes to where you can build, and what you can build, will make a difference, experts say.

‘Worst debate I’d ever seen’: Tova podcast unpacks the state of US politics
Brian Tyler Cohen, an American political commentator with an audience of millions, spoke to Tova O'Brien about that presidential debate.

First event at new Christchurch stadium could be Crusaders game
Operators of Christchurch's new central city stadium say a home Crusaders game would be an "emotional" and fitting opener once gates finally open in two years time.

Human remains found of missing girl, 12, taken by crocodile in remote NT creek
Northern Territory police have found human remains belonging to a 12-year-old girl who is suspected to have been taken by a crocodile in a Northern Territory remote creek.

Two arrested in relation to Auckland jewellery store robbery
The store’s owner suffered a fractured skull after being struck multiple times with a hammer during the armed robbery.

Chocolate bandit steals 250 blocks of Whittakers finest
The alleged offender was charged with multiple counts of burglary and shoplifting.

Antarctica: Lower cost plan to develop Scott Base released
Antarctica New Zealand is downgrading its plans for the redevelopment of Scott Base and seeking to extend the life of its current buildings where possible to curb escalating costs.

‘Extremotolerant’ Moss Could Grow on Mars

Oranga Tamariki's Chappie Te Kani to take medical leave
The chief executive will be undergoing surgery in mid-September but is expected back by the end of the year.

Man faces multiple shoplifting charges after spate of supermarket thefts
A man is being accused of a spate of thefts, including an incident where he attempted to take more than 200 chocolate blocks in South Auckland.

Oil prices slip after data points to cooling U.S. economy

Amazon to Build High-Security Data Center for Australia

Why Razor has relegated Beauden Barrett
All Blacks coach Scott Robertson said Beauden Barrett took news of his demotion “like a true pro’’.

Vege growers lettuce see inside new state-of-the-art facility
Tucked away on a side street, a South Taranaki business has cut the ribbon on a 900m² tunnel house.