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		<title>Ancient Port, New Voyages: Ningbo’s Smart Manufacturing Expands Global Trade Footprint via Maritime Silk Road</title>
		<link>https://livenews.co.nz/2026/07/09/ancient-port-new-voyages-ningbos-smart-manufacturing-expands-global-trade-footprint-via-maritime-silk-road/</link>
		
		<dc:creator><![CDATA[MIL OSI]]></dc:creator>
		<pubDate>Thu, 09 Jul 2026 11:46:26 +0000</pubDate>
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					<description><![CDATA[Source: Media Outreach COLOMBO, SRI LANKA- Media OutReach Newswire – 9 July 2026 – On July 4, 2026, the cultural exchange event Encounter &#038; Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka took place in Colombo. On July 4, 2026, the cultural exchange event Encounter &#038; Insight: Dialogue Between Ningbo, China and Colombo, Sri ... <a title="Ancient Port, New Voyages: Ningbo’s Smart Manufacturing Expands Global Trade Footprint via Maritime Silk Road" class="read-more" href="https://livenews.co.nz/2026/07/09/ancient-port-new-voyages-ningbos-smart-manufacturing-expands-global-trade-footprint-via-maritime-silk-road/" aria-label="Read more about Ancient Port, New Voyages: Ningbo’s Smart Manufacturing Expands Global Trade Footprint via Maritime Silk Road">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
<p>COLOMBO, SRI LANKA-  Media OutReach Newswire – 9 July 2026 – On July 4, 2026, the cultural exchange event  <i>Encounter &#038; Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka</i> took place in Colombo. </p>
<figure data-image-width="0" data-image-height="0" align="center"><figcaption class="">
<div align="left">       <i>On July 4, 2026, the cultural exchange event Encounter &#038; Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka took place in Colombo.</i>     </div>
</figcaption></figure>
<p> Separated by thousands of miles, the two millennia-old port cities reconnected, leveraging their ports as a bond and cultural exchanges as a cohesive force to hold in-depth talks on integrated port-city development and bilateral economic and trade connectivity. </p>
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<div></div>
<p> This cross-Indian Ocean dialogue echoes the ancient Maritime Silk Road while charting a brand-new outbound development path. As a pivotal starting port of the ancient Maritime Silk Road, Ningbo is building a new global trade landscape powered by smart manufacturing. </p>
<div></div>
<div></div>
<p> A thousand years ago, merchant vessels from Mingzhou Port set sail southward loaded with Yue Kiln celadon porcelain, passing through Ceylon to deliver Oriental crafts across the Indian Ocean coasts. Precious gemstones and spices traveled the same sea route back to regions south of the Yangtze River, laying the groundwork for the earliest cultural exchange between the two ports through trade. Today, the cargo carried by giant cargo ships has undergone a dramatic transformation. Beyond traditional daily necessities, intelligent equipment, digital home appliances and industrial robots now dominate shipments. </p>
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<p> Official statistics show that Ningbo’s exports of intelligent equipment, including mechanical arms and industrial robots, hit 440 million yuan in 2025, surging more than 40% year-on-year. From January to May this year, Ningbo’s exports of mechanical and electrical products maintained steady growth, reaching 247 billion yuan, a 4.1% year-on-year increase and accounting for 58.0% of the city’s total export volume. The new energy foreign trade sector saw explosive growth, with exports of new energy vehicles, lithium batteries, and photovoltaic products jumping 138.4% year-on-year, with electric vehicle exports skyrocketing 215.9%. Smart manufactured goods are continuously expanding the scope of Ningbo’s foreign trade. </p>
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<p> Complementing the Colombo forum, an exhibition highlights Ningbo’s outstanding going-global enterprises and their products, vividly illustrating the profound shift in Ningbo’s trade structure. </p>
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<p> Alongside time-honored Maritime Silk Road staples such as celadon porcelain and silk, Ningbo’s smart manufactured products—including AI translation glasses, intelligent outdoor gear and digital small home appliances—occupy prominent display spaces across the venue. In Sri Lanka, Ningbo smart water meters are widely adopted nationwide, while handheld cooling fans and intelligent kitchen appliances have entered ordinary households. </p>
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<div></div>
<p> Leveraging Colombo Port’s transshipment advantages, massive volumes of Ningbo smart manufactured goods are distributed onward to Europe, the Middle East and beyond. What Ningbo exports today is no longer mere commodities, but a complete outbound solution integrating technology, brand value and after-sales services. </p>
<div></div>
<p> Faced with mounting challenges including homogeneous global market competition and rising trade barriers, Ningbo’s manufacturing sector has abandoned the old model of low-cost OEM production, relying on intelligent transformation to consolidate its competitive edge in overseas markets. </p>
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<div></div>
<p> Over more than a decade of digital transformation efforts, Ningbo has achieved full digital upgrading of all industrial enterprises above designated size. A large number of local factories have built unmanned black-light workshops and flexible production lines, escaping vicious price competition through continuous technological iteration. Represented by five specialized, sophisticated, distinctive and innovative enterprises dubbed Ningbo’s “Five Little Tigers”—famous for their core proprietary technologies, including highly sophisticated visual inspection equipment, heat-resistant materials, sun-proof coatings, puncture-proof materials and self-drilling fasteners—these niche manufacturers have developed differentiated technical routes and full-spectrum production capacity, cementing irreplaceable competitiveness for Ningbo smart manufacturing on global markets. </p>
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<p> Beyond trade expansion, Ningbo has built a supporting cultural communication system to ensure “products go global, accompanied by local culture”. </p>
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<p> The launch of Sri Lanka’s first “One-Meter Cultural Space” cultural station during the Colombo event marks a tangible milestone of Ningbo’s go-global initiative. Built on enterprises’ overseas outlets, these miniature cultural exhibition halls integrate intangible cultural heritage crafts, urban stories and smart products, enabling overseas clients to experience cutting-edge manufacturing while gaining insight into Ningbo’s profound cultural heritage. </p>
<div></div>
<div></div>
<p> During the twin-city story-sharing session, Ningbo entrepreneurs based in Sri Lanka and local designers blending Chinese and Sri Lankan aesthetics shared stories of bilateral exchanges. Economic and trade ties have evolved into a bond for people-to-people communication, bridging divides in cross-cultural trade. </p>
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<p> From Tang-dynasty celadon porcelain sailing across the Indian Ocean to intelligent equipment shipping to every corner of the globe, Ningbo, the ancient Maritime Silk Road port, has preserved its enduring gene of openness. Where exchanges once relied purely on commodity trade, today smart manufacturing underpins a stable, diversified and high-value-added global trade network. </p>
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<p> The Ningbo-Colombo dialogue stands as a vivid microcosm of this transformation: the port still links lands and seas, yet the core of its trade has undergone a full intelligent upgrade. </p>
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<p> Rooted in its historical legacy as a key Maritime Silk Road hub, Ningbo has consolidated its industrial foundation through a decade of digital development, expanded global market reach via worldwide port networks, and softened trade cooperation through cultural exchanges. This brand-new outbound shipping route forged by smart manufacturing has not only reshaped the city’s foreign trade landscape, but also delivered a replicable port-city development model for Chinese manufacturing to go global. </p>
<p>Hashtag: #NingboSmartManufacturing #MaritimeSilkRoad #GlobalTrade</p>
<p>The issuer is solely responsible for the content of this announcement.</p>
<p>  – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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		<title>Midea Group and Hutchison Ports Sign MoU</title>
		<link>https://livenews.co.nz/2026/07/09/midea-group-and-hutchison-ports-sign-mou/</link>
		
		<dc:creator><![CDATA[MIL OSI]]></dc:creator>
		<pubDate>Thu, 09 Jul 2026 10:34:41 +0000</pubDate>
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					<description><![CDATA[Source: Media Outreach At Shenzhen Port Global Supply Chain High-Quality Development Conference 2026Unlocking Global Network Synergies to Build a Stable and Efficient Supply Chain HONG KONG SAR – Media OutReach Newswire – 9 July 2026 – At the Shenzhen Port Global Supply Chain High-Quality Development Conference 2026, Midea Group (Midea), the global smart home and ... <a title="Midea Group and Hutchison Ports Sign MoU" class="read-more" href="https://livenews.co.nz/2026/07/09/midea-group-and-hutchison-ports-sign-mou/" aria-label="Read more about Midea Group and Hutchison Ports Sign MoU">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
<p><strong>At Shenzhen Port Global Supply Chain High-Quality Development Conference 2026</strong><br /><strong>Unlocking Global Network Synergies to Build a Stable and Efficient Supply Chain</strong></p>
<p>HONG KONG SAR – Media OutReach Newswire – 9 July 2026 – At the Shenzhen Port Global Supply Chain High-Quality Development Conference 2026, Midea Group (Midea), the global smart home and technology giant, and Hutchison Port Holdings Limited (Hutchison Ports), the world’s leading port investor, developer, and operator, announced the signing of a Memorandum of Understanding (MoU). Guided by the shared vision of “Benefitting from New APEC Opportunities, Forging a New Future for Port and Shipping Cooperation”, the two parties will deepen their global strategic partnership over the next two years, combining their respective strengths and resources to co-create a highly resilient, efficient, and mutually beneficial global supply chain ecosystem.</p>
<p><figure data-width="100%" data-caption="Sam Shi, General Manager of the International Supply Chain Capability Center of Midea Group (first from left) and Ken Chou, Group Commercial Director of Hutchison Ports (first from right), signed the MoU under the witness of Lewis Fu, President of Midea International (second from left) and Eric Ip, Group Managing Director of Hutchison Ports (second from right)." data-caption-display="block" data-image-width="0" data-image-height="0" class="c6" readability="5"><figcaption class="c5" readability="10">
<p><em>Sam Shi, General Manager of the International Supply Chain Capability Center of Midea Group (first from left) and Ken Chou, Group Commercial Director of Hutchison Ports (first from right), signed the MoU under the witness of Lewis Fu, President of Midea International (second from left) and Eric Ip, Group Managing Director of Hutchison Ports (second from right).</em></p>
</figcaption></figure>
</p>
<p>In response to the evolving global trade landscape, these two industry leaders are actively collaborating to bring together their strategic assets and global networks. Midea’s expanding manufacturing footprint overseas seamlessly aligns with Hutchison Ports’ extensive network of global port resources, establishing a perfect synergy particularly in key markets such as Thailand, Indonesia, Egypt, Vietnam and Mexico. As Midea accelerates its international expansion, its global logistics requirements are experiencing robust growth. This partnership will secure global maritime logistics corridors for Midea, ensuring stable and efficient delivery. Concurrently, Midea’s continuously growing cargo volumes will significantly boost throughput across Hutchison Ports’ terminals, in turn attracting more international shipping routes to call at its facilities.</p>
<p>Lewis Fu, President of Midea International, said “Under our globalisation strategy, securing reliable logistics services is fundamental to Midea’s sustained business growth. We are delighted to deepen our collaboration with Hutchison Ports. Through practical initiatives, such as data integration and priority lanes during peak seasons, we can further enhance supply chain synergy and operational efficiency. This gives us full confidence in steadily achieving our global shipping target of 1.5 million TEUs by 2027.”</p>
<p>Eric Ip, Group Managing Director of Hutchison Ports, said “As a world-leading technology enterprise, Midea Group is an incredibly valued strategic partner for Hutchison Ports. Midea’s massive and rapidly growing export volumes will inject strong momentum into our terminals. By leveraging our high-efficiency operational standards, advanced digital capabilities, and tailored service frameworks, we will provide reliable logistical support for Midea’s global expansion, establishing a new benchmark for industry collaboration.”</p>
<p>Under the MoU, this deepened collaboration will initially be launched using Hutchison Ports’ Yantian International Container Terminals (YANTIAN) as a key strategic anchor point, focusing on the following areas:</p>
<ul>
<li><strong>Green Logistics and Digitalization</strong> <strong>Construction</strong>: Both parties will actively explore sustainable transport solutions that comply with local regulations and authorities. By integrating Midea’s business system with YANTIAN’s terminal operating system, they will achieve real-time information sharing and seamless workflow connectivity, significantly enhancing cargo handling and transport efficiency.</li>
</ul>
<ul>
<li><strong>Port Operation Support:</strong> Addressing industry choke points such as peak-season logistical delays and capacity constraints, Hutchison Ports will open priority lanes for Midea during peak seasons. This will expedite the pick-up, return, and reloading of Midea’s cargo, ensuring highly efficient dispatch operations and reinforcing the stability of Midea’s supply chain.</li>
</ul>
<ul>
<li><strong>Port Extension</strong> <strong>Services</strong> <strong>and Multimodal</strong> <strong>Transportation</strong>: The partners will jointly develop rail freight solutions connecting inland Chinese ports to YANTIAN, alongside comprehensive terminal logistics support including container yards, warehousing, and other value-added services.</li>
</ul>
<p>Looking ahead, Midea and Hutchison Ports aim to progressively scale up the successful collaboration model established at YANTIAN across Hutchison Ports’ vast global network. Both parties will continue to strengthen their strategic alignment on a global level, jointly exploring innovative green and digital logistics solutions to set a new benchmark for smarter, greener, and more resilient global supply chains.</p>
<p><em>The issuer is solely responsible for the content of this announcement.</em></p>
<p>  – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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		<title>CGTN: Navigating the South China Sea Before GPS</title>
		<link>https://livenews.co.nz/2026/07/09/cgtn-navigating-the-south-china-sea-before-gps/</link>
		
		<dc:creator><![CDATA[MIL OSI]]></dc:creator>
		<pubDate>Thu, 09 Jul 2026 09:49:55 +0000</pubDate>
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					<description><![CDATA[Source: Media Outreach BEIJING, CHINA – Media OutReach Newswire – 9 July 2026 – Ten years after the South China Sea arbitration, CGTN has published an article exploring the story of the Genglubu – a handwritten navigation manual that guided generations of Hainan fishermen long before GPS, shedding light on a chapter of South China ... <a title="CGTN: Navigating the South China Sea Before GPS" class="read-more" href="https://livenews.co.nz/2026/07/09/cgtn-navigating-the-south-china-sea-before-gps/" aria-label="Read more about CGTN: Navigating the South China Sea Before GPS">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
<p>BEIJING, CHINA – Media OutReach Newswire – 9 July 2026 – Ten years after the South China Sea arbitration, CGTN has published an article exploring the story of the <em>Genglubu</em> – a handwritten navigation manual that guided generations of Hainan fishermen long before GPS, shedding light on a chapter of South China Sea history unfamiliar to many outside the region.</p>
<figure data-width="100%" data-caption="image-1.jpeg" data-caption-display="none" data-image-width="1280" data-image-height="720" class="c4">
<div class="youtube" frameborder="0" allowfullscreen="true" width="768" height="432" src="//www.youtube.com/embed/lp3ffBh4emk"> </div>
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<p>Before GPS. Before weather forecasts. Before satellite navigation.</p>
<p>How did generations of Chinese sailors find their way across the South China Sea, one of the world’s busiest and most challenging waterways?</p>
<p>A new CGTN documentary, <em>Genglubu</em>: Charting the South China Sea, explores the answer through a little-known ancient navigation manual passed down for generations of fishermen in Tanmen, Hainan Province. The <em>Genglubu</em> recorded routes, compass bearings and sailing distances, helping fishermen navigate reefs, islands and open seas. The documentary follows the fishermen who crossed the sea, the families who preserved their knowledge and a maritime tradition that connected China with Southeast Asia and beyond.</p>
<p><strong>The People Who Brought the <em>Genglubu</em> to Life</strong></p>
<p>To outsiders, the <em>Genglubu</em> looks like a secret code. A single line of just fourteen Chinese characters can contain an entire sea route: the departure point, direction, destination, distance and estimated sailing time.</p>
<p>“Generation after generation, Hainan fishermen rode the waves – not to rule the sea, but to make their living from it.”</p>
<p>Xin Lixue, Curator, China (Hainan) Museum of the South China Sea</p>
<p>The documentary follows veteran fishing boat captains whose lives were inseparable from the sea. Wang Shitao first went to sea at the age of nine. At twelve, his fishing boat was caught in a typhoon. Everyone else on board died. Clinging to a piece of floating timber, he drifted alone for three days. Four years later, another violent storm struck. Once again, he was the only survivor. Yet each time, he returned to the sea. Late in life, reflecting on decades spent sailing the South China Sea, he summed up his feelings:</p>
<p>“I love the South China Sea. I hate it. I miss it.”</p>
<p>Wang Shitao, fishing boat captain</p>
<p>The sea demanded sacrifice even as it provided a livelihood. A storm or mishap could wipe out an entire crew.</p>
<p>“Children and brothers should never sail on the same boat.”</p>
<p>Wang Shubao, fishing boat captain</p>
<p><strong>A Maritime Tradition Connecting Asia</strong></p>
<p>The documentary challenges the common assumption that the <em>Genglubu</em> was only about the South China Sea. Research on the Liang Family <em>Genglubu</em> reveals routes extending to Singapore, Malacca and Indonesia, showing that Hainan fishermen also played a role in regional maritime trade.</p>
<p>“Hainan fishermen also took part in overseas trade.”</p>
<p>Zhao Jueqi, China (Hainan) Museum of the South China Sea</p>
<p>Not every route was written in words. Some <em>Genglubu</em> manuscripts contain mountain-and-water charts. They combine sketches of coastlines with compass bearings, water depth and sea conditions. These drawings helped sailors identify islands, reefs and coastlines and determine their position at sea.</p>
<p>“The Americans and the British produced their own navigational records, which identify the Chinese as being engaged very heavily in fishing on these islands and other forms of economic activity.”</p>
<p>Anthony Carty, International Law Sholar</p>
<p>Today, satellites, weather stations and lighthouses have transformed navigation across the South China Sea. But the purpose remains the same: helping sailors travel safely and return home. <em>Genglubu</em>: Charting the South China Sea traces a maritime tradition shaped by generations of ordinary people. It is a story of navigation, memory and resilience, one that forms part of the shared maritime heritage of Asia.</p>
<p><em>The issuer is solely responsible for the content of this announcement.</em></p>
<p>  – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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		<title>Banking and Finance – ASB increases interest rates in response to OCR</title>
		<link>https://livenews.co.nz/2026/07/09/banking-and-finance-asb-increases-interest-rates-in-response-to-ocr/</link>
		
		<dc:creator><![CDATA[LiveNews Publisher]]></dc:creator>
		<pubDate>Thu, 09 Jul 2026 05:52:50 +0000</pubDate>
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					<description><![CDATA[Source: ASB ASB is increasing its variable home loan rates by 25 basis points. Savings on Call and Savings Plus products are also increasing by 15 and 20 basis points, respectively. ASB’s Executive General Manager Personal Banking Adam Boyd says “Interest rate increases can be difficult for many households. We have also recently reduced some ... <a title="Banking and Finance – ASB increases interest rates in response to OCR" class="read-more" href="https://livenews.co.nz/2026/07/09/banking-and-finance-asb-increases-interest-rates-in-response-to-ocr/" aria-label="Read more about Banking and Finance – ASB increases interest rates in response to OCR">Read more</a>]]></description>
										<content:encoded><![CDATA[<div dir="ltr">Source: ASB</p>
<p>ASB is increasing its variable home loan rates by 25 basis points. Savings on Call and Savings Plus products are also increasing by 15 and 20 basis points, respectively. </p>
<p>ASB’s Executive General Manager Personal Banking Adam Boyd says “Interest rate increases can be difficult for many households. We have also recently reduced some of our long-term fixed home loan terms by up to 30 basis points. We encourage any customers feeling any pressure with their mortgages to get in touch with us early to work through options.</p>
<p>“We also know many customers will be working hard to build their savings, and these increases will help them with their goals.” </p>
<p class="MsoNormal"><span>  </span></p>
<table cellspacing="0" cellpadding="0" border="1">
<tbody>
<tr>
<td>
<p class="MsoNormal"><span><b>Home Loan</b></span></p>
</td>
<td>
<p class="MsoNormal"><span><b>Current Rates</b> </span></p>
</td>
<td>
<p class="MsoNormal"><span><b>New Rates</b> </span></p>
</td>
<td>
<p class="MsoNormal"><span><b>Rate Change</b> </span></p>
</td>
</tr>
<tr>
<td>
<p class="MsoNormal"><span>Housing Variable </span></p>
</td>
<td>
<p class="MsoNormal"><span>5.79%</span></p>
</td>
<td>
<p class="MsoNormal"><span>6.04%</span></p>
</td>
<td>
<p class="MsoNormal"><span>+ 0.25 bps </span></p>
</td>
</tr>
<tr>
<td>
<p class="MsoNormal"><span>Orbit Variable</span></p>
</td>
<td>
<p class="MsoNormal"><span>5.89% </span></p>
</td>
<td>
<p class="MsoNormal"><span>6.14%</span></p>
</td>
<td>
<p class="MsoNormal"><span>+ 0.25 bps </span></p>
</td>
</tr>
</tbody>
</table>
<p>ASB’s new variable home loan rates are effective from Tuesday 14th July for new customers, and from Wednesday 15thJuly for existing customers. </p>
<p class="MsoNormal"><span><i> </i></span></p>
<table cellspacing="0" cellpadding="0" border="1">
<tbody>
<tr>
<td>
<p class="MsoNormal"><span><b>Savings</b> </span></p>
</td>
<td>
<p class="MsoNormal"><span><b>Band</b> </span></p>
</td>
<td>
<p class="MsoNormal"><span><b>Current Rates</b> </span></p>
</td>
<td>
<p class="MsoNormal"><span><b>New Rates</b> </span></p>
</td>
<td>
<p class="MsoNormal"><span><b>Rate Change</b> </span></p>
</td>
</tr>
<tr>
<td>
<p class="MsoNormal"><span>Savings On Call &#038; ASB Cash Fund*</span></p>
</td>
<td>
<p class="MsoNormal"><span>All Balances </span></p>
</td>
<td>
<p class="MsoNormal"><span>0.10% </span></p>
</td>
<td>
<p class="MsoNormal"><span>0.25%</span></p>
</td>
<td>
<p class="MsoNormal"><span>+ 0.15 bps </span></p>
</td>
</tr>
<tr>
<td>
<p class="MsoNormal"><span>Savings Plus**</span></p>
</td>
<td></td>
<td>
<p class="MsoNormal"><span>1.60%</span></p>
</td>
<td>
<p class="MsoNormal"><span>1.80%</span></p>
</td>
<td>
<p class="MsoNormal"><span>+ 0.20 bps </span></p>
</td>
</tr>
<tr>
<td>
<p class="MsoNormal"><span>Headstart*</span></p>
</td>
<td>
<p class="MsoNormal"><span>All Balances</span></p>
</td>
<td>
<p class="MsoNormal"><span>1.80%</span></p>
</td>
<td>
<p class="MsoNormal"><span>1.95%</span></p>
</td>
<td>
<p class="MsoNormal"><span>+ 0.15 bps</span></p>
</td>
</tr>
</tbody>
</table>
<p>*These changes are effective from 15th July<br />**This change is effective from 3rd August.</p>
<p>ASB has practical information for customers on the current interest rate environment available on its website as well support to help customers take control of their financial wellbeing and achieve their goals at its Financial Wellbeing Hub: <a href="https://www.asb.co.nz/banking-with-asb/financial-wellbeing.html" target="_blank" rel="noopener noreferrer">https://www.asb.co.nz/banking-with-asb/financial-wellbeing.html</a></p>
</div>
<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>Health Education – ProCare celebrates top Pacific nursing graduates from Unitec</title>
		<link>https://livenews.co.nz/2026/07/09/health-education-procare-celebrates-top-pacific-nursing-graduates-from-unitec/</link>
		
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		<pubDate>Thu, 09 Jul 2026 05:07:55 +0000</pubDate>
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					<description><![CDATA[Source: ProCare ProCare has recognised two outstanding Pacific nursing graduates from Unitec Institute of Technology, awarding scholarships as part of its commitment to strengthening New Zealand’s future primary care workforce. The ProCare Metua Bates-Faasisila Top Pacific Nurse Award recognises final year Bachelor of Nursing students who have achieved excellent academic results and shown a strong ... <a title="Health Education – ProCare celebrates top Pacific nursing graduates from Unitec" class="read-more" href="https://livenews.co.nz/2026/07/09/health-education-procare-celebrates-top-pacific-nursing-graduates-from-unitec/" aria-label="Read more about Health Education – ProCare celebrates top Pacific nursing graduates from Unitec">Read more</a>]]></description>
										<content:encoded><![CDATA[<div dir="ltr">Source: ProCare</p>
<p>ProCare has recognised two outstanding Pacific nursing graduates from Unitec Institute of Technology, awarding scholarships as part of its commitment to strengthening New Zealand’s future primary care workforce.</p>
<p>The ProCare Metua Bates-Faasisila Top Pacific Nurse Award recognises final year Bachelor of Nursing students who have achieved excellent academic results and shown a strong commitment to supporting Pacific health. This marks the fifth year of Pacific nursing students being recognised with scholarships from ProCare.</p>
<p>Gabrielle Lord, Nursing Director and General Manager of Clinical and Practice services at ProCare, says the award reflects ProCare&#8217;s commitment to supporting and encouraging more Pacific nurses into primary care careers.</p>
<p>“Working in primary care gives clinicians a unique and meaningful opportunity to directly support their communities through preventative and ongoing health care delivered close to home.</p>
<p>“Pacific nurses play an essential leadership role within their communities, helping people navigate the health system and access the care and support they need. We are proud to support emerging nursing leaders who are passionate about improving health outcomes for Pacific peoples.”</p>
<p>The 2026 recipients, Grace McCormick (Tongan/Niuean/Māori) and Michael Kapisi (Niuean), both from Auckland, were recognised at a special awards ceremony at the Pacific Centre in Mt Albert recently by Viv Pole, Head of Pacific Health at ProCare.</p>
<p>Grace, who received her award in absentia due to being overseas, says she has always been passionate about making a meaningful difference for Pacific communities struggling to access care. </p>
<p>“What inspired me to pursue nursing was that there continues to be a significant shortage of Pacific and Māori nurses in our healthcare system. I want to help drive positive change by providing culturally responsive care and advocating for equitable health change.”</p>
<p>Grace looks forward to continuing to build her knowledge and clinical experience, working towards Nurse Practitioner training.</p>
<p>Michael is also pursuing the Nurse Practitioner pathway, with the goal of working in primary care. When he received the award, he shared his hopes of contributing to a healthcare system that reflects the Pacific community and their culture.</p>
<p>“I would encourage more Pacific students to consider nursing as a career pathway, so that we can continue to see more Pacific faces represented in healthcare,” he says.</p>
<p>Lord says investing in Pacific nursing graduates is an important step towards building a workforce that is equitable, culturally connected, and responsive to community needs.</p>
<p>“Practices in the ProCare Network serve over 70,000 Pacific patients, so naturally, Pacific healthcare is a key priority for us. By supporting and investing in students who are working towards this same goal, we are helping to develop a workforce that has the skills, knowledge and perspective to provide our Pacific communities with the essential care they deserve.”</p>
<p>About ProCare<br />ProCare is a leading healthcare provider that aims to deliver the most progressive, pro-active and equitable health and wellbeing services in Aotearoa. We do this through our clinical support services, mental health and wellness services, virtual/tele health, mobile health, smoking cessation and by taking a population health and equity approach to our mahi.</p>
<p>As New Zealand’s largest Primary Health Organisation, we represent a network of general practice teams and healthcare professionals who provide care to more than 640,000 patients across Auckland and Northland. These practices serve the largest Pacific and South Asian populations enrolled in general practice and the largest Māori population in Tāmaki Makaurau. For more information go to <a href="http://www.procare.co.nz/" target="_blank" rel="noopener noreferrer">www.procare.co.nz</a> </p>
</div>
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		<title>Politics – Taking solar subsidies from gas fund is &#8220;senseless&#8221; – GasNZ</title>
		<link>https://livenews.co.nz/2026/07/09/politics-taking-solar-subsidies-from-gas-fund-is-senseless-gasnz/</link>
		
		<dc:creator><![CDATA[LiveNews Publisher]]></dc:creator>
		<pubDate>Wed, 08 Jul 2026 23:37:49 +0000</pubDate>
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					<description><![CDATA[Source: GasNZ GasNZ says Labour&#8217;s solar policy released today undermines its benefits by pulling the subsidy from National&#8217;s $200m Gas Security Fund. Jeffrey Clarke, chief executive of GasNZ, says it is senseless to steal subsidy money for home solar from a fund intended to underpin essential uses of gas. “This is a one-dimensional policy for ... <a title="Politics – Taking solar subsidies from gas fund is &#8220;senseless&#8221; – GasNZ" class="read-more" href="https://livenews.co.nz/2026/07/09/politics-taking-solar-subsidies-from-gas-fund-is-senseless-gasnz/" aria-label="Read more about Politics – Taking solar subsidies from gas fund is &#8220;senseless&#8221; – GasNZ">Read more</a>]]></description>
										<content:encoded><![CDATA[<div dir="ltr">
<div>Source: GasNZ</div>
<div></div>
<p>GasNZ says Labour&#8217;s solar policy released today undermines its benefits by pulling the subsidy from National&#8217;s $200m Gas Security Fund.</p>
<div>Jeffrey Clarke, chief executive of GasNZ, says it is senseless to steal subsidy money for home solar from a fund intended to underpin essential uses of gas.</div>
<div>“This is a one-dimensional policy for a multi-dimensional problem.  A few more homes might get solar to supplement their supply, but at far greater cost to the economy and energy system.</div>
<div>“More solar is good, but this policy achieves it by undermining something more important – the security of gas supply.</div>
<div>Clarke says the Gas Security Fund will result in more gas options for businesses and the energy system that needs it – including green energy such as biomethane.</div>
<div>“We cannot escape the fact that gas is currently irreplaceable in industry, commerce and even in the electricity system.”</div>
<div>“Renewable gas is essential for industries that need gas for heating processes that electricity cannot easily replicate. Renewable biomethane can provide this, just as natural gas does now,” Clarke says.</div>
<div>Renewable biomethane gas produced from organic waste has the potential to replace up to half of the expected demand for natural gas by 2050. [See GasNZ Biomethane Strategy: <a href="https://gasnz.org.nz/biomethane" target="_blank" rel="noopener noreferrer">https://gasnz.org.nz/biomethane</a> ]</div>
<div>About GasNZ</div>
<div>GasNZ represents renewable gas, natural gas and LPG companies. Its vision is that renewable gases, including biogases and hydrogen gas, are a material part of the energy mix in Aotearoa.</div>
<div>Its members cover all gas energy fuels and all parts of the gas chain: gas producers; gas distributors; gas wholesalers and retailers; and gas equipment suppliers.<br />GasNZ is committed to a net-zero carbon future. <a href="http://www.gasnz.org.nz/" target="_blank" rel="noopener noreferrer">www.GasNZ.org.nz</a></div>
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		<title>Infrastructure – Some regions expected to be hit harder than others, as flood damage to infrastructure is expected to grow</title>
		<link>https://livenews.co.nz/2026/07/09/infrastructure-some-regions-expected-to-be-hit-harder-than-others-as-flood-damage-to-infrastructure-is-expected-to-grow/</link>
		
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		<pubDate>Wed, 08 Jul 2026 17:07:49 +0000</pubDate>
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					<description><![CDATA[Source: New Zealand Infrastructure Commission New research by Earth Sciences New Zealand, commissioned by the New Zealand Infrastructure Commission, Te Waihanga, explores how flood damage to infrastructure could change under different climate scenarios. It shows that, across the scenarios modelled, flood damage is expected to increase over the coming decades, with the impacts felt unevenly across ... <a title="Infrastructure – Some regions expected to be hit harder than others, as flood damage to infrastructure is expected to grow" class="read-more" href="https://livenews.co.nz/2026/07/09/infrastructure-some-regions-expected-to-be-hit-harder-than-others-as-flood-damage-to-infrastructure-is-expected-to-grow/" aria-label="Read more about Infrastructure – Some regions expected to be hit harder than others, as flood damage to infrastructure is expected to grow">Read more</a>]]></description>
										<content:encoded><![CDATA[<div dir="ltr">
<div>
<h2><span>Source:</span><span class="gmail-Apple-converted-space"> </span><span>New Zealand Infrastructure Commission</span><br /></h2>
</div>
<div>
<div>New research by Earth Sciences New Zealand, commissioned by the New Zealand Infrastructure Commission, Te Waihanga, explores how flood damage to infrastructure could change under different climate scenarios. It shows that, across the scenarios modelled, flood damage is expected to increase over the coming decades, with the impacts felt unevenly across the country.</div>
<div>The Commission’s cover note, ‘When waters rise: Climate change, regional risk and infrastructure investment’, summarises the research and highlights that flood-related financial losses are expected to increase significantly under these scenarios and, in most regions, exceed those from any other natural hazard over the coming decades.</div>
<div>“Infrastructure decisions made today will shape New Zealand for decades. While we cannot predict exactly how the future will unfold, scenarios help us consider a range of plausible futures, understand the implications of different choices, and build infrastructure that is more resilient to uncertainty,” says Graham Campbell, Director – Economics and Research, New Zealand Infrastructure Commission.</div>
<div>“Financial losses to infrastructure rise significantly under any modelled climate scenario. Under a scenario with high greenhouse gas emissions, the annual cost of inland flood damage to New Zealand’s infrastructure – our roads, our powerlines and other critical services – is estimated to increase from $300 million per year in 2025 to around $465 million in 2075. Coastal flooding damages are expected to almost double: from $165 million per year in 2025 to around $325 million in 2075.”</div>
<div>Dr Nick Horspool, Senior Natural Hazard Risk Scientist, Earth Sciences New Zealand, says the flooding will not be experienced evenly across the country.</div>
<div>“Some regions, like Hawke’s Bay and Manawatū-Whanganui, face high expected losses relative to the overall size of their infrastructure networks – around double the national average. Regions such as Auckland, Wellington, and Taranaki tend to face lower losses proportionate to infrastructure exposed.</div>
<div>“The research shows that most of the increase in inland flooding losses under a high greenhouse gas emission scenario occurs over the coming decades, while coastal flooding losses grow gradually but at an accelerating rate over time,” Horspool says.</div>
<div>“We also modelled future losses to private buildings like homes and businesses, helping Te Waihanga assess the need for future flood protection investments. Like infrastructure, this modelling also finds that annual flood damage to private buildings is forecast to grow significantly over the next 50 years. This is particularly true in places like the West Coast, Hawke’s Bay, and the Bay of Plenty.”</div>
<div>Campbell says that making the right decisions requires knowing the size of the risk and the cost of inaction.</div>
<div>“If we don’t size the risk, investment decisions risk being either too cautious or too costly. The research shows that flood losses are real and growing, but also that they can be best managed with strong asset management practices, using insurance costs to help assess options, and prioritising cost-effective flood protection infrastructure. The right response will differ by region, sector, and hazard,” Campbell says.</div>
<div>This work provides a high-level understanding of the scale of potential damage to our infrastructure networks from natural hazards. It provides an evidence base to support one of the National Infrastructure Plan&#8217;s top ten priorities – identifying cost-effective flood risk infrastructure.</div>
<div>Notes:</div>
<div>
<ul>
<li>The research, research note and associated data book will be available on the Te Waihanga website from 5.00am 9 July.</li>
<li>Average annual losses (AAL) are the expected financial cost of damage from natural hazards each year, averaged over many years. In some years, damages will be much higher than the AAL, while in other years it will be lower.</li>
<li>Under the SSP3-7.0 climate scenario, average annual losses for infrastructure from inland flooding are expected to grow from about $300 million per year in 2025 to almost $465 million by 2075. Coastal flooding losses are expected to grow from $165 million per year in 2025 to $325 million in 2075. These losses reflect the financial book value losses to infrastructure, not the full replacement value.</li>
<li>Key regions with highest increases in flood losses to infrastructure relative to their network size under the SSP3-7.0 climate scenario:</li>
<li>Hawke’s Bay: From $43 million in 2025 to around $89 million by 2075</li>
<li>West Coast: From $12 million in 2025 to around $24 million in 2075</li>
<li>Nelson-Tasman: From $13 million in 2025 to around $25 million in 2075</li>
<li>Manawatū-Whanganui: From $53 million in 2025 to around $85 million in 2075</li>
<li>Bay of Plenty: From $45 million in 2025 to around $78 million in 2075.</li>
<li>In 2025 and in total dollar terms, Auckland is the region with the highest flood losses at around $66 million. However, by 2075, climate change sees Auckland flood losses (around $97 million) overtaken by Canterbury (around $113 million) and Waikato (around $107 million) in the SSP3-7.0 scenario.</li>
<li>Average annual flood (inland and coastal) losses to private buildings are expected to grow from $270 million per year in 2025 to around $420 million per year by 2075 in the SSP3-7.0 scenario. These losses reflect the replacement value of private buildings.</li>
<li>Regions with highest private building losses as a share of asset value include West Coast, Hawke’s Bay, Bay of Plenty, and Nelson-Tasman.</li>
<li>These flooding estimates do not include the losses related to rainfall-induced landslides or predict future growth or development patterns.</li>
</ul>
</div>
</div>
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		<title>Singaporeans don’t cancel brands – they silently leave them, Ogilvy’s inaugural 2026 APAC Believability Index reveals</title>
		<link>https://livenews.co.nz/2026/07/08/singaporeans-dont-cancel-brands-they-silently-leave-them-ogilvys-inaugural-2026-apac-believability-index-reveals/</link>
		
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		<pubDate>Wed, 08 Jul 2026 10:04:18 +0000</pubDate>
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					<description><![CDATA[Source: Media Outreach 92% of Singapore consumers silently disengage when brand believability is lost Only 5.9%% would post about a negative brand experience on social media Singapore emerges as a high-trust but low-tolerance market where institutional credibility and operational proof matter most SINGAPORE – Media OutReach Newswire – 8 July 2026 – Ogilvy released its ... <a title="Singaporeans don’t cancel brands – they silently leave them, Ogilvy’s inaugural 2026 APAC Believability Index reveals" class="read-more" href="https://livenews.co.nz/2026/07/08/singaporeans-dont-cancel-brands-they-silently-leave-them-ogilvys-inaugural-2026-apac-believability-index-reveals/" aria-label="Read more about Singaporeans don’t cancel brands – they silently leave them, Ogilvy’s inaugural 2026 APAC Believability Index reveals">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
<ul>
<li><em>92% of Singapore consumers silently disengage when brand believability is lost</em></li>
<li><em>Only 5.9%% would post about a negative brand experience on social media</em></li>
<li><em>Singapore emerges as a high-trust but low-tolerance market where institutional credibility and operational proof matter most</em></li>
</ul>
<p>SINGAPORE – Media OutReach Newswire – 8 July 2026 – Ogilvy released its first <strong>2026 APAC</strong> <strong>Believability Index: The Power of Proof</strong><em>,</em> a comprehensive study examining how consumers across Asia-Pacific (APAC) determine what and who they believe in an increasingly complex information environment shaped by AI-generated content, misinformation, fragmented media and declining confidence in corporate claims.</p>
<p><figure data-width="100%" data-caption="Ogilvy APAC - Believability Index 2026 visual" data-caption-display="none" data-image-width="0" data-image-height="0" class="c4"> </figure>
</p>
<p>The regional and Singapore insights were revealed at an event at the Ogilvy Singapore office attended by more than 60 invited guests including global, regional and local brands, not-for-profit organisations, and government agencies.</p>
<p>Conducted in partnership with YouGov, the research surveyed 7,176 respondents across the markets of Australia, Indonesia, Singapore, Malaysia, the Philippines, Hong Kong SAR, and Mainland China, including <strong>1,050 respondents in Singapore</strong>.</p>
<p>The report reveals that <strong>organisations are dangerously overlooking a reputational blind spot that directly impacts revenue.</strong> A staggering 93% of APAC consumers quietly disengage when believability in a brand or organisation is lost, with almost half (48%) stopping their purchases entirely.</p>
<p>In Singapore, the findings reveal a distinct local paradox: <strong>Singapore is a high-trust market, but not a high tolerance one.</strong> While Singapore consumers place significantly greater belief in Government, institutional and credentialed sources compared with much of the region, they are also deeply pragmatic and unforgiving when brands fail to deliver on their core promises.</p>
<p>The report finds that <strong>92% of Singapore consumers silently disengage when brand believability is lost</strong>, while <strong>only 5.9% would post about a negative brand experience on social media</strong>. This suggests that the most pressing reputation risk for brands in Singapore may not be public outrage, but quiet withdrawal – with customers switching providers, stopping purchases, avoiding brand content, deleting apps or simply never returning.</p>
<p>In response to these findings, Ogilvy has launched its <strong>Believability Diagnostic Tool</strong>, powered by an enterprise-grade AI agent, built and housed in WPP Open. The Believability Agent is designed to help C-Suite leaders identify the <strong>“Say-Do Gap”</strong> between what brands promise and what customers experience – enabling organisations to detect potential silent disengagement before it affects business performance.</p>
<p><figure data-width="100%" data-caption="Ogilvy's inaugural 2026 APAC Believability Index reveals" data-caption-display="none" data-image-width="0" data-image-height="0" class="c4"> </figure>
</p>
<p><strong>Richard Brett, President of PR&#038; Influence, Ogilvy Asia Pacific</strong>, said: “Believability has evolved from a PR challenge into a commercial imperative. In a world of AI slop and synthetic content, misinformation and growing skepticism, the brands that succeed will be those that can prove what they say. Singapore is a particularly important market because believability here is deeply anchored in institutional credibility and operational delivery. Consumers may not always complain publicly when belief is lost, but they will act – and often, they will act silently.”</p>
<p><strong>Akashah Q, Managing Director for PR &#038; Influence, Social, Ogilvy Singapore and Malaysia,</strong> added: “The Singapore data shows that silence should not be mistaken for satisfaction. A stable sentiment dashboard or low complaint volume may hide a much bigger commercial risk. Singaporeans are careful when assessing proof – they value official sources, factual correctness and operational competence. For brands, the implication is clear: Believability is built not only by what you say, but by whether your actions, service and evidence consistently back it up. If not, they will politely but brutally break up with you. The reputational crisis of the future may not begin with a hashtag. It may begin with silence.”</p>
<p><strong>Key Singapore Findings from the Ogilvy APAC 2026 Believability Index:</strong></p>
<p><span class="c6">1. Singaporeans do not always cancel brands. They silently leave them.</span><br />The most dangerous reputation risk in Singapore may be the one brands cannot see. When Singapore consumers lose belief in a brand, <strong>92%</strong> <strong>take silent actions</strong> (vs 93% across APAC). More than half (<strong>54.4%</strong>) stop purchasing the brand’s products or services entirely, while <strong>33.5%</strong> switch to a more believable competitor. A further <strong>37.3%</strong> become wary and suspicious of similar brands, products or services and 19.7% simply avoid the brand’s content without telling anyone.</p>
<p>In contrast, only <strong>5.9%</strong> would post a negative brand experience on social media (vs 10% in APAC), and only <strong>9.5%</strong> would leave a negative review or public comment.</p>
<p><strong><em>Implications:</em></strong> The findings indicate that brands relying primarily on public complaints, social listening or visible sentiment may be missing the larger commercial reality: Customers have already left, without leaving a public trace.</p>
<p><span class="c6">2. Competence over purpose</span><br />Purpose, values and ESG commitments still matter, but in Singapore, they cannot compensate for operational failure,</p>
<p>The study found that <strong>42.1%</strong> of Singapore consumers abandoned a brand in the past year because its product or service did not deliver on what was promised. This significantly outweighs the <strong>23.2%</strong> who walked away over poor business ethics and the <strong>14.4%</strong> who left due to exaggerated environmental or sustainability claims.</p>
<p><strong><em>Implications:</em></strong> The findings suggest that Singapore consumers are not asking brands to choose between purpose and performance. They are asking brands to prove purpose through performance.</p>
<p>Operational integrity and factual correctness emerged as among the strongest drivers of believability in Singapore, reinforcing the importance of delivering consistently on the basics before brands can credibly make broader claims.</p>
<p><span class="c6">3. Institutional credibility is Singapore’s believability baseline</span><br />Across APAC, people rely on different sources of authority. In some markets, belief is built from the ground up through peers, lived experience and word of mouth. In Singapore, the believability architecture looks a little different – it stands out as one of the region’s clearest institutional-trust markets.</p>
<p><strong>61%</strong> of Singaporeans find government sources, politicians and officials highly believable<br />– more than double the rest of the region overall (Australia, Indonesia, Philippines, Malaysia) at <strong>26%</strong>. In addition, <strong>82.4%</strong> say credibility, including official, credentialed or backed-up sources, is the leading factor in believing new information. Social media platforms sit much lower as a source of believability, at <strong>12.7%</strong>.</p>
<p>This contrasts with more relational trust markets such as Australia and the Philippines, where people with lived experience and peer recommendations play a more dominant role.</p>
<p><strong><em>Implications:</em></strong> For organisations, this means that communication strategies which work in one APAC market may not automatically build belief in Singapore. In high-stakes sectors such as finance, health, technology, food safety, sustainability and public infrastructure, brands need stronger institutional anchors: Official statements, named spokespeople, transparent data, third-party validation, academic or technical expertise and clear operational proof.</p>
<p><span class="c6">4. Action over apology</span><br />Singapore consumers do not reject apologies, but they do reject them without evidence of action.</p>
<p>The study found that <strong>56.2%</strong> of Singaporeans say that brands must actively correct a mistake or fix a problem before they will believe the brand again. This outranks public acknowledgement or apology, cited by <strong>46.8%</strong> of respondents.</p>
<p>Encouragingly, lost belief is not necessarily permanent. <strong>78.7%</strong> of Singapore consumers believe lost believability can be regained, while only <strong>15.1%</strong> believe that once belief is lost, it is gone forever.</p>
<p><strong><em>Implications:</em></strong> The implication for brands is that the crisis response must be action-first. Consumers want to know what has been fixed, who is accountable, what will change, how recurrence can be prevented and how progress will be proven.</p>
<p><span class="c6">5. Different generations leave and return on different terms</span><br />The study also found that believability is lost and rebuilt differently across age groups in Singapore.</p>
<p><em>Millennials</em> appear to be among the most commercially sensitive audiences, with <strong>68%</strong> stopping engagement with a brand due to lack of belief in the past 12 months – the highest of any generation. For this group, belief is often won or lost through customer experience, service recovery and responsiveness.</p>
<p><em>Baby Boomers</em> show stronger reliance on institutional sources, with <strong>69%</strong> finding Government or institutional sources highly believable. However, once trust is broken, they are more likely to make a clean break, with <strong>60%</strong> stopping purchases when doubts rise.</p>
<p><em>Gen Zs</em> are more willing to give brands another chance, with only <strong>8%</strong> saying trust is permanently lost once broken. However, they also demand more proof of change, with <strong>64%</strong> expecting brands to actively correct mistakes and <strong>44%</strong> wanting brands to communicate in more transparent and evidence-based ways.</p>
<p><strong><em>Implications:</em></strong> The findings point to a new generational reality: Younger consumers may forgive faster, but they also audit harder. <strong><em><strong><em><br /></em></strong></em></strong></p>
<figure data-width="80%" data-caption="Ogilvy SG - Believability Index Infographic" data-caption-display="none" data-image-width="0" data-image-height="0" class="c4"> </figure>
<p>To help leaders navigate this shift and operationalise the findings, <strong>Ogilvy’s Believability Diagnostic Tool</strong> uses a multi-agent architecture that pairs Ogilvy’s proprietary seven-year Believability dataset with behavioural science cognitive engine to analyse a brand’s “Say-Do Gap” to measure the actual distance between its marketing promises and actual customer experience.</p>
<p>By triangulating corporate messaging against verified customer and employee sentiment, the tool calculates a brand’s <strong>Believability Elasticity</strong> to see how far a corporate promise can stretch before customers silently disengage – and impact the bottomline.</p>
<p>For Singapore where 92% of consumers say they silently disengage when believability is lost, this elasticity is especially important. Once the threshold is exceeded, the consequence may not be outrage. It may be attrition.</p>
<p><em>@Ogilvy Singapore on LinkedIn</em><em>@Ogilvy Singapore on Instagram</em></p>
<p>The full <strong>Ogilvy APAC 2026 Believability Index: The Power of Proof</strong> is downloadable here.</p>
<p><strong>Hashtag:</strong> #BelievabilityIndex2026 #ThePowerofProof #Ogilvy</p>
<p><em>The issuer is solely responsible for the content of this announcement.</em></p>
<p>  – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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		<title>NZ Economy – A rate rise to get ahead of the curve – Cotality Analysis</title>
		<link>https://livenews.co.nz/2026/07/08/nz-economy-a-rate-rise-to-get-ahead-of-the-curve-cotality-analysis/</link>
		
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		<pubDate>Wed, 08 Jul 2026 04:26:51 +0000</pubDate>
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					<description><![CDATA[Source: Cotality – Analysis / Commentary by Chief Property Economist Kelvin Davidson. Today’s decision to raise the official cash rate by 0.25% to 2.50% wasn’t universally expected, but seems to reflect the Committee’s view that increases back to a more neutral level (perhaps 3%) were inevitable at some point so they may as well start ... <a title="NZ Economy – A rate rise to get ahead of the curve – Cotality Analysis" class="read-more" href="https://livenews.co.nz/2026/07/08/nz-economy-a-rate-rise-to-get-ahead-of-the-curve-cotality-analysis/" aria-label="Read more about NZ Economy – A rate rise to get ahead of the curve – Cotality Analysis">Read more</a>]]></description>
										<content:encoded><![CDATA[<div dir="ltr">Source: Cotality – Analysis / Commentary by Chief Property Economist Kelvin Davidson.</p>
<div>Today’s decision to raise the official cash rate by 0.25% to 2.50% wasn’t universally expected, but seems to reflect the Committee’s view that increases back to a more neutral level (perhaps 3%) were inevitable at some point so they may as well start now – even though fuel prices have eased and second-round inflation risks have probably receded too. </div>
<div>As opposed to the 3-3 split on the Committee last time around, this was a unanimous rise. The associated commentary with the decision also noted that further OCR increases will probably be necessary, but the timing is uncertain right now, depending on how the incoming data evolves and obviously whether the US-Iran peace deal proves to be lasting. </div>
<div>We had been leaning towards a hold today, on the basis that there doesn’t seem to be immediate pressure to curb inflation and delayed rate rises might just give the economy more time to get going again. But an OCR rise was never going to be a total shock either, given the RBNZ had been signalling increases even before the Iran conflict broke out. </div>
<div>For the housing market, it’s really just (subdued) business as usual. On one hand, the US-Iran peace deal has already seen lower fuel prices and a boost to consumer confidence, as well as falls in mortgage rates (although these may not run any further). </div>
<div></div>
<div>A continued economic recovery in the coming months, even if/when the OCR rises again, would tend to bolster sales volumes and property values too. </div>
<div>But a fresh boom seems very unlikely. Indeed, listings remain elevated, giving buyers the balance of power on pricing. The election – and potential tax changes – appears to be dampening investors’ moods too. </div>
<div>Meanwhile, a mindset shift also seems to be underway, with a lot of questions being asked about long-run capital growth prospects in a world where new housing supply looks to have taken a permanent step higher.</div>
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		<title>Legislation – Accessibility Standards Bill creates opportunity for more accessible New Zealand</title>
		<link>https://livenews.co.nz/2026/07/08/legislation-accessibility-standards-bill-creates-opportunity-for-more-accessible-new-zealand/</link>
		
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		<pubDate>Wed, 08 Jul 2026 04:02:01 +0000</pubDate>
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					<description><![CDATA[Source: Access Matters Aotearoa (AMA) Auckland, New Zealand – Access Matters Aotearoa (AMA) welcomes the introduction of the Accessibility Standards Bill by New Zealand First, a Member’s Bill in the name of Jenny Marcroft, as an important opportunity to build cross-party support for lasting accessibility reform. AMA Co-Chair Amy Hogan says disabled people and those with ... <a title="Legislation – Accessibility Standards Bill creates opportunity for more accessible New Zealand" class="read-more" href="https://livenews.co.nz/2026/07/08/legislation-accessibility-standards-bill-creates-opportunity-for-more-accessible-new-zealand/" aria-label="Read more about Legislation – Accessibility Standards Bill creates opportunity for more accessible New Zealand">Read more</a>]]></description>
										<content:encoded><![CDATA[<div dir="ltr">Source: Access Matters Aotearoa (AMA)</p>
<p>Auckland, New Zealand – Access Matters Aotearoa (AMA) welcomes the introduction of the Accessibility Standards Bill by New Zealand First, a Member’s Bill in the name of Jenny Marcroft, as an important opportunity to build cross-party support for lasting accessibility reform.</p>
<p>AMA Co-Chair Amy Hogan says disabled people and those with access needs deserve accessibility planned from the outset, rather than relying on goodwill, exceptions and workarounds.</p>
<p>“For more than three decades, disabled people, advocates, families and community organisations have called for stronger accessibility legislation. </p>
<p>Accessibility affects participation in education, employment, housing, healthcare, transport, information and community life. Good accessibility standards benefit everyone.</p>
<p>The Accessibility Standards Bill is an opportunity to advance practical reforms, making accessibility simpler, fairer and more consistent across New Zealand.”</p>
<p>Dr Rebekah Graham, AMA Co-Chair, says today’s announcement is a constructive step towards improving a system that has left too many New Zealanders facing avoidable barriers. </p>
<p>“Too often, disabled people are expected to adapt to systems, environments and services that were never designed to be accessible in the first place.</p>
<p>Stronger accessibility standards help prevent barriers before they even happen and provide government agencies, businesses, service providers, and communities with clearer guidance on what accessibility looks like in everyday situations.”</p>
<p>Through its Kōrero for Change programme, Accessible Futures Summit, policy research, and engagement with lived-experience leaders, AMA has worked alongside hundreds of participants and organisations to identify practical solutions to improve accessibility across New Zealand – many of which are addressed in the first draft of the Accessibility Standards Bill. </p>
<p>Hogan says AMA encourages all political parties to engage as the Accessibility Standards Bill progresses.</p>
<p>“Accessibility reform belongs to all New Zealanders. Lasting change will require broad support across Parliament and across society.</p>
<p>We welcome New Zealand First’s commitment, and encourage all political parties to work together toward a more accessible New Zealand, one that works better for disabled people, people with access needs, older people, families, carers, businesses and the wider community.</p>
<p>As the Bill progresses, we look forward to constructive engagement with disabled people and people with access needs, community organisations, businesses, and government agencies, as we work together towards a more accessible New Zealand.”</p>
<p>About Access Matters Aotearoa</p>
<p>Access Matters Aotearoa is a solutions-driven, non-partisan advocacy trust working to secure strong accessibility legislation so everyone in Aotearoa New Zealand can participate fully.</p>
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		<title>Legislation – NZ Government taking the country down a chilling path – Amnesty International</title>
		<link>https://livenews.co.nz/2026/07/08/legislation-nz-government-taking-the-country-down-a-chilling-path-amnesty-international/</link>
		
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		<pubDate>Wed, 08 Jul 2026 02:23:02 +0000</pubDate>
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					<description><![CDATA[Source: Amnesty International Aotearoa New Zealand “We are once again seeing the Government rush through legislation without adequate oversight and the opportunity for us all to have a say. The Climate Change Response Amendment Bill has just been introduced under urgency. This change is constitutionally significant, yet people have been given a very small window to ... <a title="Legislation – NZ Government taking the country down a chilling path – Amnesty International" class="read-more" href="https://livenews.co.nz/2026/07/08/legislation-nz-government-taking-the-country-down-a-chilling-path-amnesty-international/" aria-label="Read more about Legislation – NZ Government taking the country down a chilling path – Amnesty International">Read more</a>]]></description>
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<div>
<h2><span>Source:</span><span class="gmail-Apple-converted-space"> </span><span>Amnesty International Aotearoa New Zealand</span><br /></h2>
</div>
<div>
<div>“We are once again seeing the Government rush through legislation without adequate oversight and the opportunity for us all to have a say. The Climate Change Response Amendment Bill has just been introduced under urgency. This change is constitutionally significant, yet people have been given a very small window to share their views. This is not what happens in a healthy, thriving, representative democracy.”</div>
<div>Amnesty International Aotearoa New Zealand’s Movement Building and Advocacy Director, Lisa Wood said in a statement today.</div>
<div>Woods says the Conservation Amendment Bill and the Climate Change Response (Tort Liability) Bills should be stopped.</div>
<div>“When the people we elect to govern limit communities being heard on the things that impact us, when the powerful decide in situations of such significance like this that they don’t need the transparency, accountability and participation we should expect, they erode the foundations of a stable society. These Bills risk people losing trust in our government and institutions to listen or to do the best for us.</div>
<div>“Good decision making comes from a foundation based on Te Tiriti o Waitangi that provides a place for us all to belong, one that includes a diversity of perspectives. We need decision makers to actively maintain this foundation to build a stable home for all of us.</div>
<div>“However, this is not what we’re seeing. The Climate Change Response Amendment Bill would bar people from taking climate-related tort claims to court, cutting off an important avenue for access to justice. The Conservation Bill risks weakening protections for public conservation land, and both Bills threaten to undermine Te Tiriti o Waitangi and the rights of tangata whenua.</div>
<div>“New Zealanders must seriously question what path this is all leading us down. We strongly encourage people to have a say on these Bills and take a stand for the kind of society we want.”</div>
<div>Submissions on the following Bills are due 13 July 2026.</div>
<div>
<ul>
<li>Climate Change Response (Tort Liability) Amendment Bill (the Bill). This Bill amends the Climate Change Response Act 2002 creating a bar on the ability of people to bring claims against greenhouse gas emitters for climate-related harm.</li>
</ul>
</div>
<div>
<ul>
<li>Conservation Amendment Bill proposes significant changes to how public conservation land is managed.</li>
</ul>
</div>
<div>Read the submissions made by Amnesty International Aotearoa New Zealand here:</div>
<div><a href="https://amnesty.org.nz/submission-environment-committee-conservation-amendment-bill/" rel="noreferrer noopener" target="_blank">https://amnesty.org.nz/submission-environment-committee-conservation-amendment-bill/</a></div>
<div><a href="https://amnesty.org.nz/submission-climate-change-response-tort-liability-amendment-bill/" rel="noreferrer noopener" target="_blank">https://amnesty.org.nz/submission-climate-change-response-tort-liability-amendment-bill/</a></div>
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		<title>Economy – OCR increase to 2.50% to return inflation to 2% – Reserve Bank</title>
		<link>https://livenews.co.nz/2026/07/08/economy-ocr-increase-to-2-50-to-return-inflation-to-2-reserve-bank/</link>
		
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		<pubDate>Wed, 08 Jul 2026 02:16:52 +0000</pubDate>
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					<description><![CDATA[Source: Reserve Bank of New Zealand (RBNZ) 8 July 2026 – The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to 2.50 percent. Following the partial reopening of the Strait of Hormuz, global oil prices have fallen markedly. Other petrochemical prices have also moved lower. As a result, near-term ... <a title="Economy – OCR increase to 2.50% to return inflation to 2% – Reserve Bank" class="read-more" href="https://livenews.co.nz/2026/07/08/economy-ocr-increase-to-2-50-to-return-inflation-to-2-reserve-bank/" aria-label="Read more about Economy – OCR increase to 2.50% to return inflation to 2% – Reserve Bank">Read more</a>]]></description>
										<content:encoded><![CDATA[<div dir="ltr">Source: Reserve Bank of New Zealand (RBNZ)</p>
<p>8 July 2026 – The Monetary Policy Committee today reached consensus to increase the OCR by 25 basis points to 2.50 percent.</p>
<p>Following the partial reopening of the Strait of Hormuz, global oil prices have fallen markedly. Other petrochemical prices have also moved lower. As a result, near-term inflation pressures have eased.</p>
<p>Although energy prices have decreased, the effects of the shock will linger for some time and the outlook for medium-term inflation pressures remains uncertain. The stance of monetary policy is calibrated to bring inflation back to target without causing unnecessary economic instability.</p>
<p>Global growth has been resilient to the effects of tariffs and conflict in the Middle East, largely because of strong AI-related investment and spending on defence and economic security. Headline inflation in New Zealand&#8217;s trading partners has increased but is expected to ease to close to 2 percent in 2027. Markets expect global policy rates to increase above pre-conflict levels, as central banks may need to respond to persistent energy-driven inflation pressures.</p>
<p>New Zealand&#8217;s economic recovery was underway before the Middle East conflict, but lost momentum in the June quarter as the oil shock weighed on economic activity. Growth is expected to resume in the September quarter as these effects fade and confidence improves. Over the medium term, inflation returning to the 2 percent target mid-point will lift household purchasing power and help support a sustained recovery in growth and employment.</p>
<p>The outlook for medium-term inflation pressures depends on the extent to which recent cost increases feed through into higher prices. Spare capacity in the economy is expected to limit firms&#8217; ability to pass on higher costs, meaning many businesses may need to absorb them in margins. However, some firms may look to rebuild margins as demand recovers. If sustained, a lower exchange rate could also add to medium-term inflation pressures.</p>
<p>With inflation still above target and economic activity expected to strengthen, some further reduction in monetary stimulus is likely to be required to return inflation to the 2 percent target mid-point. Future OCR decisions will depend on how incoming data, price-setting behaviour, and the strength of economic activity affect medium-term inflation pressures.</p>
<p>Read the full statement and Record of meeting: <a href="https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&#038;id=9eb7b7605a&#038;e=f3c68946f8" target="_blank" rel="noopener noreferrer">https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&#038;id=9eb7b7605a&#038;e=f3c68946f8</a></p>
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		<title>Hotel in Bugis Singapore: Where to Stay for Culture, Dining and Heritage</title>
		<link>https://livenews.co.nz/2026/07/08/hotel-in-bugis-singapore-where-to-stay-for-culture-dining-and-heritage/</link>
		
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		<pubDate>Wed, 08 Jul 2026 01:04:40 +0000</pubDate>
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					<description><![CDATA[Source: Media Outreach SINGAPORE – Media OutReach Newswire – 8 July 2026 – For travellers searching for a luxury hotel in Bugis Singapore, Frasers House, a Luxury Collection Hotel, Singapore offers a refined base for culture, dining and heritage discovery. Set in the vibrant Bugis and Bras Basah district, the hotel places guests close to ... <a title="Hotel in Bugis Singapore: Where to Stay for Culture, Dining and Heritage" class="read-more" href="https://livenews.co.nz/2026/07/08/hotel-in-bugis-singapore-where-to-stay-for-culture-dining-and-heritage/" aria-label="Read more about Hotel in Bugis Singapore: Where to Stay for Culture, Dining and Heritage">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
<p>SINGAPORE – Media OutReach Newswire – 8 July 2026 – For travellers searching for a luxury hotel in Bugis Singapore, Frasers House, a Luxury Collection Hotel, Singapore offers a refined base for culture, dining and heritage discovery. Set in the vibrant Bugis and Bras Basah district, the hotel places guests close to Arab Street, Kampong Glam and Marina Bay while delivering unparalleled luxury and essential city connections.</p>
<p><strong>Heritage-Inspired Luxury in the Heart of Bugis</strong><br />Bugis is one of Singapore’s most compelling districts, connecting heritage streets, cultural landmarks, dining destinations and transport links, making it well suited for both leisure and business stays.</p>
<p><strong>Rooms and Suites Rooted in Singapore’s Story</strong><br />The Frasers House rooms and suites are designed as refined residential retreats. Featuring 406 luxury guest accommodations, guests can choose between the sleek Main Tower or the stunning Heritage Wing, where the beautiful heritage-inspired design draws direct inspiration from traditional Singapore shophouse living.</p>
<p><strong>World-Class Culinary &#038; Destination Experiences</strong><br />From authentic Italian plates at LUCE to sophisticated afternoon teas at The Lobby Lounge, Frasers House dining offers a masterfully curated culinary portfolio. A major highlight includes Man Fu Yuan, an award-winning Cantonese restaurant celebrated for its culinary craftsmanship. From business lunches to celebratory dinners and leisurely weekends, these diverse venues cater to every occasion.</p>
<p>Beyond dining, guest stays are enhanced by immersive Frasers House experiences. Take part in a Curated Sensory Journey to reveal local hidden gems, or unwind at the 24-hour fitness hub and luxury outdoor swimming pool.</p>
<p><strong>Meetings, Weddings and Social Events in Bugis</strong><br />For corporate gatherings, private celebrations, and refined social occasions, Frasers House events and weddings provide tailored sophistication. With over 1,000 square metres of flexible, pillarless event space and multiple versatile venues, the property pairs premier hotel services with an unbeatable central Singapore location, making it an exceptionally practical choice for hosts and guests alike.</p>
<p><strong>Plan Your Stay at Frasers House, a Luxury Collection Hotel, Singapore</strong><br />Planning a cultural city break, business stay, dining-led weekend or special occasion, Frasers House offers a luxury hotel in Bugis Singapore where heritage, contemporary comfort and destination discovery come together.</p>
<ul>
<li dir="ltr">Address: 80 Middle Road, Singapore 188966</li>
</ul>
<ul>
<li dir="ltr">Transit: 20 minutes from Changi Airport; steps from Bugis MRT Station</li>
</ul>
<ul>
<li dir="ltr">Event Space: 8 event rooms including the pillarless Grand Ballroom</li>
</ul>
<p>Advance booking is recommended for preferred room categories, dining reservations and event planning.</p>
<p> https://www.marriott.com/en-us/hotels/sinlb-frasers-house-a-luxury-collection-hotel-singapore/overview/<br /> https://www.facebook.com/FrasersHouse/<br /> https://www.instagram.com/frasershousesingapore</p>
<p><em>The issuer is solely responsible for the content of this announcement.</em></p>
<p>  – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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		<title>Natural Disasters – Families displaced by Venezuela earthquakes at risk of infection amid water and sanitation shortages</title>
		<link>https://livenews.co.nz/2026/07/08/natural-disasters-families-displaced-by-venezuela-earthquakes-at-risk-of-infection-amid-water-and-sanitation-shortages/</link>
		
		<dc:creator><![CDATA[LiveNews Publisher]]></dc:creator>
		<pubDate>Wed, 08 Jul 2026 00:08:11 +0000</pubDate>
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		<guid isPermaLink="false">https://livenews.co.nz/2026/07/08/natural-disasters-families-displaced-by-venezuela-earthquakes-at-risk-of-infection-amid-water-and-sanitation-shortages/</guid>

					<description><![CDATA[Source: Save the Children Hundreds of people displaced by Venezuela’s devastating earthquakes are sharing extremely limited toilets in informal camps, while others are risking returning to damaged homes to use bathrooms despite fears the buildings could collapse, Save the Children said. Thousands of people sheltering in tents for the past 12 days are without regular access ... <a title="Natural Disasters – Families displaced by Venezuela earthquakes at risk of infection amid water and sanitation shortages" class="read-more" href="https://livenews.co.nz/2026/07/08/natural-disasters-families-displaced-by-venezuela-earthquakes-at-risk-of-infection-amid-water-and-sanitation-shortages/" aria-label="Read more about Natural Disasters – Families displaced by Venezuela earthquakes at risk of infection amid water and sanitation shortages">Read more</a>]]></description>
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<div>
<h2><span>Source:</span><span class="gmail-Apple-converted-space"> </span><span>Save the Children</span><br /></h2>
</div>
<div>
<div>Hundreds of people displaced by Venezuela’s devastating earthquakes are sharing extremely limited toilets in informal camps, while others are risking returning to damaged homes to use bathrooms despite fears the buildings could collapse, Save the Children said.</div>
<div>Thousands of people sheltering in tents for the past 12 days are without regular access to safe drinking water, running water and toilets, putting them at risk of skin infections, diarrhea and gastrointestinal illnesses, with children particularly vulnerable. Women and girls are having to manage their periods without privacy, clean water and sanitary products.</div>
<div>In some informal camps, there are only one or two pre-existing toilets, some of which were damaged by the earthquake, shared among hundreds of displaced people. Many people are instead defecating and urinating outdoors, including in places where children play.</div>
<div>Ongoing thundershowers and high daytime temperatures risk exacerbating the spread of infections.</div>
<div><b>Gabriela-, 31, is a doctor working with Paluz,</b><span class="gmail-Apple-converted-space"> </span>a Save the Children local partner running mobile health clinics for people affected by the earthquake.</div>
<div><b>Gabriela- said:</b><span class="gmail-Apple-converted-space"> </span>“People are defecating out in the open, whether it&#8217;s in the woods, behind rubble, or right in the sea, which means that the water that they are bathing in is contaminated. This can cause skin diseases and eye irritations.”</div>
<div><b>Isabel-, 44, from Caracas</b><span class="gmail-Apple-converted-space"> </span>was displaced with her husband and three children and now lives in a tent in front of the building in which the family used to live.<span class="gmail-Apple-converted-space"> </span><b>Her oldest child, David-,9,</b><span class="gmail-Apple-converted-space"> </span>was already suffering from a kidney problem. David’s condition worsened after the family had to leave their home due to the lack of toilets and poor sanitation in the camp. He received treatment at Paluz’s mobile clinic, supported by Save the Children.</div>
<div>“Mostly you just have to wait for someone else to go before you can go [to the toilet] too,” said Isabel. “What I see as a priority is having some portable toilets because bathrooms are a big issue.”</div>
<div>Informal camps are lacking a regular supply of drinking water, forcing families to buy bottled water or rely on donations with families rationing bottled water, fearing it will run out.</div>
<div><b>Gabriela- said:</b><span class="gmail-Apple-converted-space"> </span>“Right now people are getting water donations in bottles. But as soon as that water runs out, people will resort to whatever water they can get and we don’t know if that water is filtered, chlorinated, or boiled.”</div>
<div>Some families in La Guaira, the area hardest-hit by the earthquake, are collecting untreated river water to drink, cook and wash, putting them at risk of gastrointestinal infections.</div>
<div><b>Fatima Andraca, Country Director for Save the Children in Venezuela said:</b></div>
<div>“With every passing day since the earthquakes in Venezuela, the toll this disaster is taking on children grows. Thousands of children are sheltering outside with no regular access to drinking water, toilets or showers, exposing them to a ticking time bomb of new health risks.</div>
<div>“Women and girls are having to manage their periods without privacy, clean water and sanitary products which is incredibly stressful.</div>
<div>“People in the earthquake affected areas urgently need safe drinking water and latrines and mobile health care if they do get sick.”</div>
<div>More than 3,340 people have been confirmed dead following the back-to-back 7.2- and 7.5-magnitude earthquakes that struck on 24 June, while about 680,000 children have been affected according to the UN. The earthquake also damaged waste management systems and water pipelines.</div>
<div>Save the Children is on the ground in Venezuela, working with authorities and local partners and is distributing hygiene kits and essential supplies, providing primary healthcare through mobile clinics, running safe spaces where children can access mental health support. The organisation will also be providing clean water and coordinated child protection services with key stakeholders.</div>
<div>Save the Children is an independent, impartial child rights organisation with our focus on the urgent humanitarian needs of children and families in Venezuela.</div>
<div>Save the Children has been working in Venezuela since 2018. Since the humanitarian crisis started to rapidly deteriorate a few years ago, Save the Children has been scaling its response through local partners to support the increasing number of children in need. Save the Children is delivering health, nutrition, education, child protection, shelter, water, sanitation and hygiene and food security and livelihoods support.</div>
<div>-Names changed to protect identity</div>
</div>
<div>
<div></div>
<div><b>About Save the Children NZ:</b></div>
<div>Save the Children works in 120 countries across the world. The organisation responds to emergencies and works with children and their communities to ensure they survive, learn and are protected.</div>
<div>Save the Children NZ currently supports international programmes in Fiji, Cambodia, Bangladesh, Laos, Nepal, Vanuatu, Solomon Islands and Papua New Guinea. Areas of work include child protection, education and literacy, disaster risk reduction and climate adaptation, and alleviating child poverty.</div>
</div>
</div>
<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>Hong Kong Residential Purchasing Power Released as Prices and Sales Rise, CRE Investment Momentum Sustains</title>
		<link>https://livenews.co.nz/2026/07/07/hong-kong-residential-purchasing-power-released-as-prices-and-sales-rise-cre-investment-momentum-sustains/</link>
		
		<dc:creator><![CDATA[MIL OSI]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 10:07:06 +0000</pubDate>
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		<guid isPermaLink="false">https://livenews.co.nz/2026/07/07/hong-kong-residential-purchasing-power-released-as-prices-and-sales-rise-cre-investment-momentum-sustains/</guid>

					<description><![CDATA[Source: Media Outreach Core Grade A Offices Lead Rental Recovery, Hong Kong Island High Streets Outperform Kowloon Residential Market: Q2 residential transaction numbers increased by 19% q-o-q and 32% y-o-y to reach more than 22,150 units. Home prices rose by 2.5% during April and May, bringing a cumulative 7.4% increase for the first five months, ... <a title="Hong Kong Residential Purchasing Power Released as Prices and Sales Rise, CRE Investment Momentum Sustains" class="read-more" href="https://livenews.co.nz/2026/07/07/hong-kong-residential-purchasing-power-released-as-prices-and-sales-rise-cre-investment-momentum-sustains/" aria-label="Read more about Hong Kong Residential Purchasing Power Released as Prices and Sales Rise, CRE Investment Momentum Sustains">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
</p>
<h2 class="mo-black" lang="en" xml:lang="en">Core Grade A Offices Lead Rental Recovery, Hong Kong Island High Streets Outperform Kowloon</h2>
<div readability="261.36253041363">
<ul>
<li><strong>Residential Market:</strong> Q2 residential transaction numbers increased by 19% q-o-q and 32% y-o-y to reach more than 22,150 units. Home prices rose by 2.5% during April and May, bringing a cumulative 7.4% increase for the first five months, with growth recorded across different segments.</li>
<li><strong>Grade A Office Market:</strong> Citywide net absorption reached 396,100 sq ft in Q2, with new leases mainly driven by the banking &#038; finance and insurance sectors. Core areas such as Greater Central witnessed significant rental pick up, offsetting rental corrections in non-core submarkets. Cushman &#038; Wakefield expects the overall office market rental level to rise by +4% to +6% in 2026.</li>
<li><strong>Retail Market:</strong> Overall retail sales maintained steady growth on the back of sustained rises in inbound visitors and a stronger RMB. High street vacancy rates in Causeway Bay and Central remained at 0% in Q2, with Hong Kong Island leading a rental growth recovery.</li>
<li><strong>Capital Markets:</strong> Hong Kong’s commercial real estate investment market sustained the momentum carried over from late 2025. Supported by demand from end-users and still-attractive pricing levels across property sectors, total large-sized (>HK$100 million) non-residential transaction volume for the 1H 2026 period recorded HK$23.2 billion, up 84% y-o-y.</li>
</ul>
<p>HONG KONG SAR – Media OutReach Newswire – 7 July 2026 – Global real estate services firm Cushman &#038; Wakefield today held its <em>Hong Kong Property Markets</em> <em>1H</em> <em>2026 Review and</em> <em>2H 2026</em> <em>Outlook</em> press conference. Residential market activity remained robust as transaction numbers surpassed 22,000 cases in Q2, the highest quarterly record since Q2 2021. Grade A office market net absorption reached 396,100 sq ft in Q2, with rental level recovery mainly driven by core areas. Greater Central rents continued to pick up by 4.1% q-o-q in Q2, supporting the citywide rental level to grow by 1.9% q-o-q. In the retail sector, total retail sales continued to recover steadily, while high street store vacancy in Causeway Bay and Central returned to 0%, supporting stronger rental performance on Hong Kong Island and outpacing Kowloon. In the capital markets, end-users and well-capitalized investors bottom-fished amid attractive office asset pricing. Living sector and residential site transactions are expected to be the market focus in the upcoming months.</p>
<p><figure data-width="100%" data-caption="Cushman&#038;Wakefield_Charts" data-caption-display="none" data-image-width="0" data-image-height="0" class="c4"> </figure>
</p>
<p><strong class="c5">Grade A office leasing market:</strong> <strong class="c5">Leasing momentum driven by banking &#038; finance and insurance sectors, rental recovery led by core area</strong><strong class="c5">s</strong><br />Driven by take-up at recent new entrants into the market, citywide office market net absorption reached 396,100 sq ft in the quarter, mainly led by Greater Central and Greater Tsimshatsui. The total new leased area reached 1.2 million sq ft in Q2, underpinned by activities from the banking &#038; finance and insurance sectors. Rents in Greater Central continued to pick up, rising by a further 4.1% q-o-q in Q2 for total growth of 9.7% in 1H 2026, while rental level growth of 2.9% q-o-q was seen in Wanchai/ Causeway Bay. In contrast, rents in non-core areas remained soft, with all four non-core submarkets experiencing rental corrections in Q2 and 1H. The recovery in core areas has supported citywide rental growth of 1.9% q-o-q in Q2 and 4.3% for 1H 2026. In the absence of new completions in Q2, the overall availability rate fell by 0.5 percentage points q-o-q to 19.5%.</p>
<p><strong>John Siu, Managing Director, Hong Kong, Cushman &#038; Wakefield</strong>, said, “Despite the uncertainties arising from recent stock market volatility and geopolitical tensions, leasing demand from the banking &#038; finance and insurance sectors is expected to remain resilient, backed by ongoing wealth management activities, an active IPO pipeline, and long-term operational needs from finance-related institutions. These two sectors accounted for around 60% of Grade A office new leased area in 1H 2026, compared with 38% in 2024. Following strong rental growth in Greater Central in 1H 2026, the upwards momentum is expected to moderate in 2H. Full-year rental growth in the submarket is projected in the +10% to +12% range. This will help offset the impact of rental corrections in certain non-core submarkets, and support the citywide Grade A office rental level to rise by +4% to +6% in 2026, revised upward from the previous forecast of +1% to +3%.”</p>
<p><strong class="c5">Retail leasing market: High street vacancy in Causeway Bay and Central holds at 0%</strong><strong class="c5">, more overseas brands to establish presence in Hong Kong</strong><br />Sustained rises in inbound visitors, along with the wealth effect from an improving residential market and a stronger RMB, have continued to support steady growth in Hong Kong’s retail market. As at May 2026, the city’s overall retail sales marked thirteen consecutive months of y-o-y growth, while total retail sales for the January to May 2026 period recorded HK$171.5 billion, up 10.6% y-o-y. Sales growth was recorded in all key retail categories. The Jewellery &#038; Watches sector remained the most popular among tourists, posting y-o-y growth of 26.2%, followed by the Fashion &#038; Accessories and Medicines &#038; Cosmetics sectors, which grew 5.4% and 5.2%, respectively.</p>
<p>The overall high street vacancy rate rose mildly to 5.4% in Q2 from 4.2% in Q1, chiefly driven by greater vacancies in Kowloon. Causeway Bay and Central both continued to register zero vacancies through the quarter, while vacancy rates in Tsimshatsui and Mongkok rose to 8.3% and 8.6%, respectively. Despite this, new leasing activity was witnessed across core retail districts, with relatively strong leasing demand from pharmacies and jewellery &#038; watches retailers.</p>
<p>As for high street retail rents, rental recovery in Hong Kong Island continued to outperform Kowloon. Causeway Bay and Central recorded q-o-q increases of 1.0% and 0.8%, respectively, with both local and international retailers displaying preferences for these two prime high-street hubs. At the same time, the relatively affordable and reasonable rental levels in Mongkok attracted a wider range of brand entries into the district, bringing q-o-q rental growth to 0.5%. However, with the slowdown among luxury retailers, rental levels in Tsimshatsui remained under pressure, declining by 1.1% q-o-q. In the F&#038;B sector, landlords have been more willing to offer discounts amid high availability, resulting in F&#038;B rents across four key retail districts recording q-o-q declines within a 1% range.</p>
<p><strong>John Siu</strong> commented, “Looking ahead, we expect the Hong Kong retail market to remain on a steady recovery trajectory in 2H 2026, supported by continued growth in inbound tourist numbers and recovering tourist spending amid a stronger RMB. Given still-attractive rental levels, we also expect ongoing entries of new retailers, especially from international brands who view the Hong Kong market as a strategic launchpad for regional expansion in Asia. Causeway Bay and Central are likely to remain active for leasing activities, underpinned by strong tourist footfall. We forecast high street retail rents in Causeway Bay and Central to lead a recovery and increase by 3% to 5% in 2H 2026, while we project Tsimshatsui and Mongkok to pick up modestly in the range of 1% to 2%.”</p>
<p><strong class="c5">Residential market:</strong> <strong class="c5">Prices and sales</strong> <strong class="c5">rise in 1H</strong><strong class="c5">, interest</strong> <strong class="c5">rate uncertainty may weigh on</strong> <strong class="c5">2H</strong> <strong class="c5">sentiment</strong><br />The Hong Kong residential market continued to gain momentum in Q2, with overall sentiment and transactions remaining active despite the disruptions brought on by ongoing geopolitical uncertainties. Both primary and secondary sales were strong in Q2, with the total number of residential sales and purchases agreements reaching more than 22,150 cases in the quarter, up 19% q-o-q and 32% y-o-y (Chart 3), bringing the total transaction number for the 1H 2026 period to more than 40,800 cases, a new high for the same period since 2021. As at June, the monthly number of residential sales and purchases agreements exceeded 5,000 units for 16 consecutive months, reflecting sustained buyer confidence and demand from investors. Strong sales at new launches saw primary market transactions take a 32% share of total transactions between January and May.</p>
<p><strong>Edgar Lai, Senior Director, Valuation and Advisory Services, Hong Kong, Cushman &#038; Wakefield,</strong> highlighted, “Home prices continued to increase in Q2 2026. Rating and Valuation Department data suggests that the overall residential price index picked up 2.5% in the two months from April to May, bringing 7.4% YTD growth. Meanwhile, our Cushman &#038; Wakefield mid-and-small size units price index shows that home prices rose by 4% q-o-q and 9% in 1H. Our tracking of popular housing estates shows that price growth was witnessed across different market segments. Prices at City One Shatin, representing the mass market, rose 4.7% q-o-q, while prices at Taikoo Shing, representing the mid-market, grew by 8.6% q-o-q. Residence Bel-Air, representing the luxury segment, also recorded a notable 6.7% q-o-q rise. However, following the sustained release of pent-up demand over the past year, coupled with rising stock market volatility in June and tighter cross-border capital controls from the Chinese mainland, our June Verbal Enquiry index indicates that buyer enquiries moderated towards the end of the quarter, compared with the peak seen in April and May.”</p>
<p><strong>Rosanna Tang, Deputy Managing Director, Head of Research, Hong Kong, Cushman &#038; Wakefield</strong>, added, “The Hong Kong residential market extended its positive momentum in Q2, with overall transaction activity remaining vibrant. Total residential transaction numbers in the quarter exceeded 22,150 cases, marking a new high since Q2 2021. Looking ahead to 2H, uncertainties in interest rate movements are expected to widen. Some potential buyers may again observe how geopolitical developments and stock market trends are affecting capital flow and market sentiment. Yet, given the resilient housing demand in the city, backed by rising numbers from incoming talent and non-local students, Hong Kong residential market is expected to remain stable in 2H. We anticipate full-year transactions in 2026 to reach approximately 75,000 units, while home prices to pick up by close to 10%. In terms of rents, rental index picked up by 1.8% in the first five months in 2026, rising 18% from the last bottom in 2023. Rental growth is expected to be moderate and stay within 5% y-o-y in 2026.”</p>
<p><strong class="c5">Non-residential investment market (deals</strong><strong class="c5">exceeding HK$100 million):</strong> <strong class="c5">Transaction momentum sustains, with end-user</strong><strong class="c5">s leading office transactions</strong><br />Amid the still-attractive pricing across property sectors, the Hong Kong commercial real estate investment market largely sustained the transaction momentum carried over from 2H 2025. The city’s non-residential investment market for deals exceeding HK$100 million recorded 50 transactions in 1H 2026, with total transaction volume rising 84% y-o-y to HK$23.2 billion, although down 16% from the HK$27.8 billion seen in the 2H 2025 period. (Chart 4). In 1H 2026, local buyers remained the major source of capital, accounting for more than 70% of the total consideration. Foreign capital comprised 19% of 1H 2026 total transaction volume, drawn by discounted property prices and conversion projects with value-added angles. By asset class, the office sector accounted for 54% of total investment consideration, followed by around 23% from the hotel / rental housing sector.</p>
<p><strong>Tom Ko, Executive Director and Head of Capital Markets, Hong Kong, Cushman &#038; Wakefield,</strong> concluded, “In 1H 2026, office sales transactions continued to account for the largest share of both consideration and deal count, indicating a recovery in the investment ecosystem. During this round of consolidation, end-user buyers acted to capture bottom-fishing opportunities, with multiple large-scale office deals concluded. Our recent publication in May 2026, <em>Hong Kong Office Building Investment Back in Focus: A Market Reassessment</em>, suggests the significant capital value adjustment has reset entry levels and reopened the market to end-users seeking bottom-fishing opportunities, especially for education institutions, banks and financial institutions, as well as leading Chinese mainland corporates.</p>
<p>“Notably, some end-user buyers are cash-rich and therefore less sensitive to banks’ cautious lending stance toward commercial properties, and to interest rate movements. Office capital values are projected to follow the recovery in rents. Coupled with the declining availability of distressed office assets, the current market encourages end-users to accelerate their decision-making to consider bottom-fishing ahead of the subsequent upcycle. Looking ahead to 2H 2026, we believe demand from end-users and the living sector will remain the major drivers of investment activity. The market has also witnessed growing momentum in private residential sites transactions, with investors strategically expanding land banks amid a buoyant residential market. We expect to see more transactions in this segment through the remainder of the year. Against this backdrop, the 2026 full-year investment volume is now forecast to reach more than HK$40 billion.”</p>
<p>Please click here to download photo and presentation deck.</p>
<p>(From left to right) <strong>Tom Ko</strong>, Executive Director and Head of Capital Markets, Hong Kong, Cushman &#038; Wakefield; <strong>John Siu</strong>, Managing Director, Hong Kong, Cushman &#038; Wakefield; <strong>Rosanna Tang</strong>, Deputy Managing Director, Head of Research, Hong Kong, Cushman &#038; Wakefield and <strong>Edgar Lai</strong>, Senior Director, Valuation and Advisory Services, Hong Kong, Cushman &#038; Wakefield.</p>
<p><strong>Hashtag:</strong> #Cushman&#038;Wakefield</p>
<p><em>The issuer is solely responsible for the content of this announcement.</em></p>
</div>
<p> – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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		<title>Household labour force survey estimated working-age population: June 2026 quarter – Stats NZ information release</title>
		<link>https://livenews.co.nz/2026/07/07/household-labour-force-survey-estimated-working-age-population-june-2026-quarter-stats-nz-information-release/</link>
		
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		<pubDate>Tue, 07 Jul 2026 08:17:04 +0000</pubDate>
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		<category><![CDATA[Statistics]]></category>
		<guid isPermaLink="false">https://livenews.co.nz/2026/07/07/household-labour-force-survey-estimated-working-age-population-june-2026-quarter-stats-nz-information-release/</guid>

					<description><![CDATA[Source: Statistics New Zealand Household labour force survey estimated working-age population: June 2026 quarter – information release 1 July 2026 The household labour force survey estimated working-age population table shows the population benchmarks used to produce household labour force survey estimates for the upcoming labour market statistics release. Visit our website to read the full information ... <a title="Household labour force survey estimated working-age population: June 2026 quarter – Stats NZ information release" class="read-more" href="https://livenews.co.nz/2026/07/07/household-labour-force-survey-estimated-working-age-population-june-2026-quarter-stats-nz-information-release/" aria-label="Read more about Household labour force survey estimated working-age population: June 2026 quarter – Stats NZ information release">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Statistics New Zealand</p>
<p><b>Household labour force survey estimated working-age population: June 2026 quarter – information release</b></p>
<p><b>1 July 2026</b></p>
<p>The household labour force survey estimated working-age population table shows the population benchmarks used to produce household labour force survey estimates for the upcoming labour market statistics release.</p>
<p><b>Visit our website to read the full information release:</b></p>
<ul>
<li><a href="https://comms.communications.stats.govt.nz/ch/122749/1yrvj/676/RNQ00OoKNz3VQLRNS0Pe3MaEG6gXPFAL5c4Qv8KG.html" target="_blank" rel="noreferrer noopener">Household labour force survey estimated working-age population: June 2026 quarter</a></li>
</ul>
<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>Annual number of home consents up 19 percent – Building consents issued: May 2026 – Stats NZ news story and information release</title>
		<link>https://livenews.co.nz/2026/07/07/annual-number-of-home-consents-up-19-percent-building-consents-issued-may-2026-stats-nz-news-story-and-information-release/</link>
		
		<dc:creator><![CDATA[LiveNews Publisher]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 08:16:59 +0000</pubDate>
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		<guid isPermaLink="false">https://livenews.co.nz/2026/07/07/annual-number-of-home-consents-up-19-percent-building-consents-issued-may-2026-stats-nz-news-story-and-information-release/</guid>

					<description><![CDATA[Source: Statistics New Zealand Annual number of home consents up 19 percent – news story   2 July 2026 There were 39,737 new homes consented in New Zealand in the year ended May 2026, up 19 percent compared with the year ended May 2025, according to figures released by Stats NZ today. “The annual increase in ... <a title="Annual number of home consents up 19 percent – Building consents issued: May 2026 – Stats NZ news story and information release" class="read-more" href="https://livenews.co.nz/2026/07/07/annual-number-of-home-consents-up-19-percent-building-consents-issued-may-2026-stats-nz-news-story-and-information-release/" aria-label="Read more about Annual number of home consents up 19 percent – Building consents issued: May 2026 – Stats NZ news story and information release">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Statistics New Zealand</p>
<p><b>Annual number of home consents up 19 percent – news story</b></p>
<p> </p>
<p><b>2 July 2026</b></p>
<p>There were 39,737 new homes consented in New Zealand in the year ended May 2026, up 19 percent compared with the year ended May 2025, according to figures released by Stats NZ today.</p>
<p>“The annual increase in new home consents followed declines in May for the last three years, and consent numbers remain below the record peak reached in 2022,” economic indicators spokesperson Michelle Feyen said.</p>
<p>There were 18,271 stand-alone houses consented in the year ended May 2026, up 17 percent compared with the previous year.</p>
<p>There were 21,466 multi-unit homes consented, up 20 percent over the same period.</p>
<p>Of the multi-unit homes consented in the year ended May 2026, compared with the year ended May 2025, there were:</p>
<ul>
<li>17,230 townhouses, flats, and units (up 22 percent)</li>
<li>2,554 apartments (up 20 percent)</li>
<li>1,682 retirement village units (up 3.4 percent).</li>
</ul>
<p><b>Visit our website to read the full news story and information release and to download CSV files:</b></p>
<ul>
<li><a href="https://comms.communications.stats.govt.nz/ch/122749/1yt39/677/_hsH.b9rFYTlodW4GGw7Qgt1rDiyZm5mAkf77pLz.html" target="_blank" rel="noreferrer noopener">Annual number of home consents up 19 percent</a></li>
<li><a href="https://comms.communications.stats.govt.nz/ch/122749/1yt39/678/_hsH.b9rFYTlodW4GGw7yA.ivh03q1S5J05v_dSR.html" target="_blank" rel="noreferrer noopener">Building consents issued: May 2026</a></li>
<li><a title="CSV files for download" href="https://comms.communications.stats.govt.nz/ch/122749/1yt39/570/_hsH.b9rFYTlodW4GGw7qB_nXU6agXmKfiK66oU4.html" target="_blank" rel="noreferrer noopener">CSV files for download</a></li>
</ul>
<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>National accounts (income, saving, assets, and liabilities): March 2026 quarter – Stats NZ information release</title>
		<link>https://livenews.co.nz/2026/07/07/national-accounts-income-saving-assets-and-liabilities-march-2026-quarter-stats-nz-information-release/</link>
		
		<dc:creator><![CDATA[LiveNews Publisher]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 08:16:57 +0000</pubDate>
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		<guid isPermaLink="false">https://livenews.co.nz/2026/07/07/national-accounts-income-saving-assets-and-liabilities-march-2026-quarter-stats-nz-information-release/</guid>

					<description><![CDATA[Source: Statistics New Zealand National accounts (income, saving, assets, and liabilities): March 2026 quarter – information release   2 July 2026 We have developed experimental quarterly estimates for institutional sector accounts and balance sheets, to provide more timely data on New Zealand’s economy. We have published these experimental estimates on a quarterly basis since the first ... <a title="National accounts (income, saving, assets, and liabilities): March 2026 quarter – Stats NZ information release" class="read-more" href="https://livenews.co.nz/2026/07/07/national-accounts-income-saving-assets-and-liabilities-march-2026-quarter-stats-nz-information-release/" aria-label="Read more about National accounts (income, saving, assets, and liabilities): March 2026 quarter – Stats NZ information release">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Statistics New Zealand</p>
<p><b>National accounts (income, saving, assets, and liabilities): March 2026 quarter – information release</b></p>
<p> </p>
<p><b>2 July 2026</b></p>
<p>We have developed experimental quarterly estimates for institutional sector accounts and balance sheets, to provide more timely data on New Zealand’s economy. We have published these experimental estimates on a quarterly basis since the first release for the March 2021 quarter.</p>
<p><b>Key facts</b></p>
<p><b>Quarterly income and outlay accounts</b><br />
In the March 2026 quarter, compared with the December 2025 quarter (in seasonally adjusted terms):</p>
<ul>
<li>household saving increased $610 million to $2.2 billion</li>
<li>household net disposable income rose 2.1 percent ($1.4 billion):
<ul>
<li>compensation of employees rose 1.2 percent ($595 million)</li>
<li>income tax paid by households fell 2.3 percent ($370 million)</li>
<li>income of self-employed businesses (entrepreneurial income) received by households rose 2.8 percent ($337 million)</li>
<li>social assistance benefits in cash rose 1.2 percent ($146 million)</li>
<li>interest received by households fell 6.8 percent ($197 million)</li>
</ul>
</li>
<li>household final consumption expenditure rose 1.2 percent ($742 million)</li>
<li>non-financial business enterprises saving fell $275 million to $6.0 billion</li>
<li>central government saving fell $717 million to -$2.4 billion</li>
<li>interest received by financial business enterprises fell 1.3 percent ($124 million)</li>
<li>interest paid by financial business enterprises fell 3.2 percent ($323 million).</li>
</ul>
<p><b>Visit our website to read the full information release and to download CSV files:</b></p>
<ul>
<li><a href="https://comms.communications.stats.govt.nz/ch/122749/1p0p7/679/87krJC7CFY7N9hZ.MTf54ROmhkBaMoZpl58ic3gt.html" target="_blank" rel="noreferrer noopener">National accounts (income, saving, assets, and liabilities): March 2026 quarter</a></li>
<li><a title="CSV files for download" href="https://comms.communications.stats.govt.nz/ch/122749/1p0p7/570/87krJC7CFY7N9hZ.MTf5qB_nXU6agXmKfiK66oU4.html" target="_blank" rel="noreferrer noopener">CSV files for download</a></li>
</ul>
<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>Dwelling and household estimates: June 2026 quarter – Stats NZ information release</title>
		<link>https://livenews.co.nz/2026/07/07/dwelling-and-household-estimates-june-2026-quarter-stats-nz-information-release/</link>
		
		<dc:creator><![CDATA[LiveNews Publisher]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 08:01:39 +0000</pubDate>
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		<guid isPermaLink="false">https://livenews.co.nz/2026/07/07/dwelling-and-household-estimates-june-2026-quarter-stats-nz-information-release/</guid>

					<description><![CDATA[Source: Statistics New Zealand Dwelling and household estimates: June 2026 quarter – information release 7 July 2026 National dwelling and household estimates are used for many purposes including planning, policy formation, business decisions, and as ‘bottom lines’ in the calculation of market coverage rates. Key facts At 30 June 2026, the estimated number of: private dwellings ... <a title="Dwelling and household estimates: June 2026 quarter – Stats NZ information release" class="read-more" href="https://livenews.co.nz/2026/07/07/dwelling-and-household-estimates-june-2026-quarter-stats-nz-information-release/" aria-label="Read more about Dwelling and household estimates: June 2026 quarter – Stats NZ information release">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Statistics New Zealand</p>
<p><b>Dwelling and household estimates: June 2026 quarter – information release</b></p>
<p><b>7 July 2026</b></p>
<p>National dwelling and household estimates are used for many purposes including planning, policy formation, business decisions, and as ‘bottom lines’ in the calculation of market coverage rates.</p>
<p><b>Key facts</b><br />
At 30 June 2026, the estimated number of:</p>
<ul>
<li>private dwellings is 2,124,800</li>
<li>households is 2,072,000.</li>
</ul>
<p><b>Visit our website to read the full information release:</b></p>
<ul>
<li><a href="https://comms.communications.stats.govt.nz/ch/122749/1p51q/680/egL3WOxfNrgWm2UWCfCrFfLFCgg_gUrcB8CVn4v6.html" target="_blank" rel="noreferrer noopener">Dwelling and household estimates: June 2026 quarter</a></li>
</ul>
<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>Prudential Singapore tops global MDRT Culture of Excellence (COE) Awards with 29 agency leaders recognised in 2026</title>
		<link>https://livenews.co.nz/2026/07/07/prudential-singapore-tops-global-mdrt-culture-of-excellence-coe-awards-with-29-agency-leaders-recognised-in-2026/</link>
		
		<dc:creator><![CDATA[MIL OSI]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 05:37:29 +0000</pubDate>
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		<guid isPermaLink="false">https://livenews.co.nz/2026/07/07/prudential-singapore-tops-global-mdrt-culture-of-excellence-coe-awards-with-29-agency-leaders-recognised-in-2026/</guid>

					<description><![CDATA[Source: Media Outreach Agency leader Bryan Phang is the sole COE (Diamond Agency) winner to achieve four consecutive award wins; Prudential’s solid showing underpinned by its strong knowledge sharing and mentorship culture SINGAPORE – Media OutReach Newswire – 7 July 2026 – Prudential Singapore (“Prudential”) achieved the strongest showing globally in the 2026 Million Dollar ... <a title="Prudential Singapore tops global MDRT Culture of Excellence (COE) Awards with 29 agency leaders recognised in 2026" class="read-more" href="https://livenews.co.nz/2026/07/07/prudential-singapore-tops-global-mdrt-culture-of-excellence-coe-awards-with-29-agency-leaders-recognised-in-2026/" aria-label="Read more about Prudential Singapore tops global MDRT Culture of Excellence (COE) Awards with 29 agency leaders recognised in 2026">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
</p>
<h2 class="mo-black" lang="en" xml:lang="en">Agency leader Bryan Phang is the sole COE (Diamond Agency) winner to achieve four consecutive award wins; Prudential’s solid showing underpinned by its strong knowledge sharing and mentorship culture</h2>
<div readability="130.36424903723">SINGAPORE – Media OutReach Newswire – 7 July 2026 – Prudential Singapore (“Prudential”) achieved the strongest showing globally in the 2026 Million Dollar Round Table (MDRT) Culture of Excellence (COE) Awards, with 29 agency leaders recognised out of 68 winners worldwide. This was up from 13 winners in 2025, reflecting the strong progress made by Prudential’s agency force. Accounting for more than two in five award recipients this year, Prudential had the highest number of MDRT COE Award winners globally.</p>
<p>The MDRT COE Award recognises agency leaders who deliver strong outcomes across six dimensions of agency management<sup>1</sup>: production, retention, recruitment, persistency, whole person, and MDRT or MDRT Academy membership.</p>
<p><strong>Mr Rom Lee, Chief Agency Officer, Prudential Singapore, said</strong>: “Having 29 agency leaders recognised on the global MDRT Culture of Excellence Awards, up from 13 last year, is a strong affirmation of the standards our leaders set for themselves and their teams. Beyond individual achievement, it reflects a culture grounded on discipline, a strong MDRT sharing culture and a deep commitment to helping customers make confident financial decisions.</p>
<p>“We have worked to create an environment where financial representatives can grow their careers, perform at a high level and be recognised for their achievements. As customer needs continue to evolve, this culture of excellence will remain central to how we develop a trusted, future-ready agency.”</p>
<p>MDRT COE Award winner <strong>Mr Bryan Phang, Financial Services Director, Prudential Singapore</strong>, is the only Diamond Agency recipient globally to achieve this distinction for a fourth consecutive year. This year, the agency went a step further by achieving all six criteria of the Award. <strong>Said Mr Phang</strong>: “Earning this recognition for a fourth consecutive year is meaningful. The best teams make each other better. For us, it’s about developing people, building leaders and creating a culture that can sustain success over time. We hope this recognition raises the bar for what strong agency culture and high standards can achieve.”</p>
<p>New MDRT COE Award winner, <strong>Ms Chiam Shu Yi, Wealth Director, Prudential Financial Advisers Singapore</strong>, Platinum Agency, is recognised for developing the careers of young and mid-career financial representatives. <strong>Said Ms Chiam</strong>: “Success is never built alone. The greatest fulfilment in leadership is investing in people, helping them discover hidden confidence, and reach milestones which they thought were out of reach. By supporting others, you empower them to grow, succeed, and build lives and careers they are proud of.”</p>
<p>Agency leaders awarded the MDRT Culture of Excellence Award include:</p>
<table class="c6">
<tbody readability="26.5">
<tr class="c5" readability="29">
<td class="c4" readability="4">
<div readability="7">
<p><span class="c3">Diamond Agency (five out of six criteria met)</span></p>
<div>
<ul>
<li>Ang Wei Boon, Financial Services Manager</li>
</ul>
</div>
<div>
<ul>
<li>Augustine Seah, Senior Executive Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Bryan Phang, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Dexter Goh, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Han Chi Teng, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Joyce Chan, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Nicole Ng, Senior Financial Services Manager</li>
</ul>
</div>
<div>
<ul>
<li>Shalyn Lee, Senior Executive Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Tan Chin Sian, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Wesley Ee, Associate Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Yugi Toh, Senior Executive Wealth Director</li>
</ul>
</div>
</div>
</td>
<td class="c4" readability="4">
<div readability="7">
<p><span class="c3">Platinum Agency (four out of six criteria met)</span></p>
<div>
<ul>
<li>Chiam Shu Yi, Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Diana Ng, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Joe Goh, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Jaslyn Ng, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Kenny Siew, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Thomas Lee, Senior Executive Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Tricia Tan, Senior Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Zinc Goh, Executive Wealth Director</li>
</ul>
</div>
</div>
</td>
</tr>
<tr class="c5" readability="24">
<td class="c4" readability="4">
<div readability="7">
<p><span class="c3">Gold Agency (three out of six criteria met)</span></p>
<div>
<ul>
<li>Alvis Thor, Group Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Andrew Ang, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Gerald Wu, Executive Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Jaden Wang, Executive Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Jeffrey Yen, Senior Financial Services Manager</li>
</ul>
</div>
<div>
<ul>
<li>Jocelyn Kau, Senior Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Josephine Ho, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Ng Ling Hoong, Financial Services Manager</li>
</ul>
</div>
<div>
<ul>
<li>Shannon Loke, Group Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Tracy Chia, Financial Services Director</li>
</ul>
</div>
</div>
</td>
<td class="c4" readability="4">
<div readability="7">
<p><span class="c3">Three-time consecutive Award winners</span></p>
<div>
<ul>
<li>Augustine Seah, Senior Executive Wealth Director</li>
</ul>
</div>
<div>
<ul>
<li>Joyce Chan, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Han Chi Teng, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Jaslyn Ng, Financial Services Director</li>
</ul>
</div>
<div>
<ul>
<li>Jaden Wang, Executive Wealth Director</li>
</ul>
</div>
</div>
</td>
</tr>
</tbody>
</table>
<p>Prudential’s agency force has continued to deliver strong results and a consistently growing number of qualifiers. In 2026, it had 1,425 MDRT qualifiers, including 186 Court of The Table (TOT) and 73 Top of the Table (TOT) qualifiers, as well as 29 MDRT COE Award winners.</p>
<p>Prudential continues to invest in capability building across its agency force through training and professional development pathways. These include the Financial Consultant Induction Programme (FCIP) for new joiners, which leads to an Institute of Banking and Finance Qualified (Level 1) certification, as well as leadership development tracks such as the Chartered Insurance Agency Manager designation.</p>
<p>The company also equips financial representatives to serve affluent and high-net-worth customers through its in-house High Net Worth Skill Up Series and external programmes including the Certified Affluent Wealth Adviser and Advanced Affluent Wealth Adviser courses by the Wealth Management Institute. In 2024, Prudential also enhanced its Management Associate Programme (MAP) to support fresh graduates and young professionals pursuing a career as financial representatives<sup>2</sup>.</p>
<p>Prudential has 5,400 financial representatives with its tied agency and financial advisory arm, Prudential Financial Advisers Singapore, as of 31 December 2025.</p>
<p>1 For more information on criteria for MDRT Culture of Excellence Awards, please visit: https://www.mdrtcenter.org/culture-of-excellence-awards<br />2 For more information about the enhanced Management Associate Programme, visit: https://www.prudential.com.sg/about/newsroom/press-release/2024/prudential-ramps-up-hiring</p>
<p> https://www.prudential.com.sg/<br /> https://sg.linkedin.com/company/prudential-assurance-company-singapore<br /> https://www.facebook.com/PrudentialSingapore/<br /> https://www.instagram.com/prudentialsingapore/</p>
<p><strong>Hashtag:</strong> #Prudential #PrudentialSingapore #MDRTCOE #MDRTCultureofExcellenceAward</p>
<p><em>The issuer is solely responsible for the content of this announcement.</em></p>
</div>
<p> – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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		<title>Complaints to Utilities Disputes are up by 62% as more Kiwis seek help</title>
		<link>https://livenews.co.nz/2026/07/07/complaints-to-utilities-disputes-are-up-by-62-as-more-kiwis-seek-help/</link>
		
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		<pubDate>Tue, 07 Jul 2026 04:31:42 +0000</pubDate>
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		<guid isPermaLink="false">https://livenews.co.nz/2026/07/07/complaints-to-utilities-disputes-are-up-by-62-as-more-kiwis-seek-help/</guid>

					<description><![CDATA[Source: Utilities Disputes More than 27,000 New Zealanders contacted Utilities Disputes last year for help with electricity, gas, water and telecommunications issues, as complaints reached record levels. Utilities Disputes&#8217; 2025/26 Annual Report shows formal complaints increased by 62% to 13,554. Despite the sharp rise, 93% of complaints were resolved within 10 days. The increase continues a ... <a title="Complaints to Utilities Disputes are up by 62% as more Kiwis seek help" class="read-more" href="https://livenews.co.nz/2026/07/07/complaints-to-utilities-disputes-are-up-by-62-as-more-kiwis-seek-help/" aria-label="Read more about Complaints to Utilities Disputes are up by 62% as more Kiwis seek help">Read more</a>]]></description>
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<h2><span>Source:</span><span class="gmail-Apple-converted-space"> </span><span>Utilities Disputes</span><br /></h2>
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<div>
<div>More than 27,000 New Zealanders contacted Utilities Disputes last year for help with electricity, gas, water and telecommunications issues, as complaints reached record levels.</div>
<div>Utilities Disputes&#8217; 2025/26 Annual Report shows formal complaints increased by 62% to 13,554. Despite the sharp rise, 93% of complaints were resolved within 10 days.</div>
<div>The increase continues a longer-term trend, with complaints rising more than 500% over the past five years.</div>
<div>Utilities Disputes Commissioner Neil Mallon says: “the increase in complaints is due to a combination of factors, including tough economic conditions, price increases and a willingness by consumers to take action when you don’t think you’re being treated fairly.”</div>
<div>“While many people see complaints as a negative, we see them as an opportunity to make a difference. With household budgets under pressure and utility costs rising, people are paying much closer attention to their bills and the service they receive. When something doesn&#8217;t seem right, we&#8217;re here to provide an independent, fair assessment.”</div>
<div>Utilities Disputes provides a free, fast and effective service to help resolve disputes between consumers and utility providers.</div>
<div>“Electricity, gas, telecommunications, or water are essentials we all rely on. It is vital kiwi consumers and providers can access a fair and independent channel to resolve complaints. By resolving disputes quickly and fairly, we help restore a consumer&#8217;s trust in their provider and give the provider the opportunity to demonstrate they take their customers’ concerns seriously, says Mr Mallon.”</div>
<div>Utilities Disputes also issued over 4,500 complaint summaries on behalf of utility consumers in the last year. These are short, succinct written accounts of the customer’s complaint and what needs to happen to address it, which lets the provider know what they need to do to get it sorted.</div>
<div>The most common issues raised by consumers involve complaints about a customer service issue (52%) including difficulties in getting through to the provider, as well as failures to act as agreed and poor complaint handling. Billing complaints were the second most common issue, raised in 47% of complaints, with complaints relating to affordability, unclear or disputed bills.</div>
<div>Mr Mallon says complaint data is one of the organisation&#8217;s most valuable tools for improving the utility sector.</div>
<div>“Every complaint tells a story. By identifying recurring issues and sharing what we learn with providers and regulators, we help drive improvements that benefit all New Zealand consumers. Resolving systemic issues lifts the level of service we all receive and is good for everyone – consumers and companies alike.”</div>
<div>Find out more about systemic insights here –</div>
<div><a href="https://www.udl.co.nz/en/our-publications-and-schemes/systemic-reports/" target="_blank" rel="noopener noreferrer">https://www.udl.co.nz/en/our-publications-and-schemes/systemic-reports/</a></div>
<div><b>Background</b></div>
<div>Utilities Disputes is a free and independent dispute resolution service resolving consumer complaints about electricity, gas, water, and broadband installation on shared property. It has a simple and clear purpose – to sort complaints between utility providers and consumers through prevention and education. Our mission is to be fast, fair and effective.</div>
<div><b>Key facts</b></div>
<div></div>
<div>
<ul>
<li>Utilities <span>Disputes is a free service for consumers</span></li>
</ul>
</div>
<div></div>
<div></div>
<div>
<ul>
<li>27,045 <span>Kiwis contacted us to access our services</span></li>
</ul>
</div>
<div></div>
<div></div>
<div>
<ul>
<li>4,536 <span>complaint summaries produced and sent to providers on behalf of </span><span>customers</span></li>
</ul>
</div>
<div></div>
<div></div>
<div>
<ul>
<li>62% increase <span>in the number of complaints compared to the previous financial </span><span>year</span></li>
</ul>
</div>
<div></div>
<div></div>
<div>
<ul>
<li>13,554 <span>complaints (8,536 in 2024-2025) which </span><span>is 55 (rounded) per working day</span></li>
</ul>
</div>
<div></div>
<div></div>
<div>
<ul>
<li>Most <span>common complaint involves a customer service issue at 52%</span></li>
</ul>
</div>
<div></div>
<div></div>
<div>
<ul>
<li>Second <span>most common at 47% is billing</span></li>
</ul>
</div>
<div></div>
<div></div>
<div>
<ul>
<li>Many <span>complaints have multiple issues eg: billing and customer </span><span>service</span></li>
</ul>
</div>
<div></div>
<div></div>
<div>
<ul>
<li><a href="https://www.udl.co.nz/en/our-publications-and-schemes/systemic-reports/" target="_blank" rel="noopener noreferrer">Systemic insights</a><span class="gmail-Apple-converted-space"> </span>–<span class="gmail-Apple-converted-space"> </span><a href="https://www.udl.co.nz/en/our-publications-and-schemes/systemic-reports/" target="_blank" rel="noopener noreferrer">https://www.udl.co.nz/en/our-publications-and-schemes/systemic-reports/</a> </li>
<li><a href="https://www.udl.co.nz/assets/Publications-and-schemes/Annual-Reports/2026-Annual-Report_2025-2026-web..pdf" target="_blank" rel="noopener noreferrer">LINK to ANNUAL REPORT</a><span>: <a href="https://www.udl.co.nz/assets/Publications-and-schemes/Annual-Reports/2026-Annual-Report_2025-2026-web..pdf" target="_blank" rel="noopener noreferrer">https://www.udl.co.nz/assets/Publications-and-schemes/Annual-Reports/2026-Annual-Report_2025-2026-web..pdf</a></span></li>
</ul>
</div>
</div>
</div>
<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>As EVs Become the Majority of New Car Registrations in Singapore, Allianz Highlights a Shift in Ownership Mindset</title>
		<link>https://livenews.co.nz/2026/07/07/as-evs-become-the-majority-of-new-car-registrations-in-singapore-allianz-highlights-a-shift-in-ownership-mindset/</link>
		
		<dc:creator><![CDATA[MIL OSI]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 02:50:27 +0000</pubDate>
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					<description><![CDATA[Source: Media Outreach SINGAPORE – Media OutReach Newswire – 7 July 2026 – Electric vehicles (EVs) have reached a defining milestone in Singapore. Allianz Insurance Singapore says the national EV conversation is evolving beyond adoption towards a fundamental shift in how drivers think about vehicle ownership, as EVs now account for the majority of new ... <a title="As EVs Become the Majority of New Car Registrations in Singapore, Allianz Highlights a Shift in Ownership Mindset" class="read-more" href="https://livenews.co.nz/2026/07/07/as-evs-become-the-majority-of-new-car-registrations-in-singapore-allianz-highlights-a-shift-in-ownership-mindset/" aria-label="Read more about As EVs Become the Majority of New Car Registrations in Singapore, Allianz Highlights a Shift in Ownership Mindset">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
<p>SINGAPORE – Media OutReach Newswire – 7 July 2026 – Electric vehicles (EVs) have reached a defining milestone in Singapore. Allianz Insurance Singapore says the national EV conversation is evolving beyond adoption towards a fundamental shift in how drivers think about vehicle ownership, as EVs now account for the majority of new car registrations.</p>
<p>This shift coincides with enhanced national EV charging safety standards that took effect in April 2026, reflecting growing attention on the operational, safety and ownership implications of electric mobility as EV usage scales across the island – from where and how vehicles are charged, to how they are repaired, supported and protected over time.</p>
<p>“As electric vehicles become more popular, the conversation is moving beyond adoption to ownership,” said Hicham Raissi, Chief Executive Officer, Allianz Insurance Singapore.</p>
<p>“Drivers are no longer just choosing EVs for their technology, but are increasingly focused on what it takes to protect, maintain and support them over time.”</p>
<p>Electric vehicles differ fundamentally from conventional petrol cars. They rely on high-voltage battery systems, electric drivetrains, electronic control units and increasingly software‑enabled driving features, all of which represent a significant proportion of vehicle value. These differences introduce ownership considerations that are distinct from internal combustion vehicles, particularly as EVs become the default choice for many drivers.</p>
<p>In response to these evolving ownership realities, Allianz Insurance Singapore became one of the first general insurers in the market to introduce an insurance solution specifically designed for electric vehicles, with the launch of Allianz Electric Motor Protect in 2021. The coverage is built around how EVs are used and supported in practice, including considerations for electric and electronic components such as high-voltage systems and batteries, protection linked to private home charging setups, and risks associated with increasingly connected vehicles and advanced driver assistance systems. It also reflects real-world usage scenarios such as charging-related incidents and portable charging equipment, alongside the need for consistent repair quality over time.</p>
<p>“As EV adoption transitions into everyday ownership, insurance plays a foundational role in supporting this shift in mindset,” added Raissi.</p>
<p>“Our focus is on ensuring protection frameworks evolve alongside mobility, so drivers can navigate electric vehicle ownership with clarity and confidence.”</p>
<p>Allianz Electric Motor Protect is currently available to electric vehicle owners in Singapore. Coverage terms and conditions apply. To find out more about Allianz Electric Motor Protect, visit: https://www.allianz.sg/individual-solutions/allianz-electric-motor-protect.html</p>
<p>Protected up to specified limits by SDIC.</p>
<p> https://www.allianz.sg/<br /> https://www.linkedin.com/company/allianzinsuressg/<br /> https://www.facebook.com/allianzsg<br /> https://www.instagram.com/allianz.sg/</p>
<p><strong>Hashtag:</strong> #AllianzInsuranceSingapore</p>
<p><em>The issuer is solely responsible for the content of this announcement.</em></p>
<p>  – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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		<title>ChildFund NZ – Fatal floods hit Rohingya refugee camps just weeks after fires</title>
		<link>https://livenews.co.nz/2026/07/07/childfund-nz-fatal-floods-hit-rohingya-refugee-camps-just-weeks-after-fires/</link>
		
		<dc:creator><![CDATA[LiveNews Publisher]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 02:22:57 +0000</pubDate>
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					<description><![CDATA[Source: ChildFund New Zealand Disaster has become a cycle that children living in the world’s largest refugee camps cannot escape,” says ChildFund CEO Josie Pagani. Just weeks after a devastating fire destroyed vital food-growing gardens in Cox’s Bazar, deadly monsoon rains have hit. Nine people are dead, including one child killed in a landslide. More are ... <a title="ChildFund NZ – Fatal floods hit Rohingya refugee camps just weeks after fires" class="read-more" href="https://livenews.co.nz/2026/07/07/childfund-nz-fatal-floods-hit-rohingya-refugee-camps-just-weeks-after-fires/" aria-label="Read more about ChildFund NZ – Fatal floods hit Rohingya refugee camps just weeks after fires">Read more</a>]]></description>
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<div>
<h2><span>Source:</span><span class="gmail-Apple-converted-space"> </span><span>ChildFund New Zealand</span><br /></h2>
</div>
<div>
<div>Disaster has become a cycle that children living in the world’s largest refugee camps cannot escape,” says ChildFund CEO Josie Pagani.</div>
<div>Just weeks after a devastating fire destroyed vital food-growing gardens in Cox’s Bazar, deadly monsoon rains have hit.</div>
<div>Nine people are dead, including one child killed in a landslide. More are injured, nearly 400 have been forced from their homes, and almost 800 shelters are damaged or destroyed.</div>
<div>“Heavy rain is not just bad weather for these children. It can mean landslides, destroyed make-shift homes, disrupted learning, and serious risks to safety.”</div>
<div>Two hundred and fifty millimeters of rain fell in a single day.</div>
<div>“An already vulnerable population will struggle to cope without support.</div>
<div>Ten years ago they had to flee violence in Myanmar, leaving their country and their homes behind. Now they face flooded shelters, damaged facilities, and the threat of more rain.</div>
<div>Children need safe places to learn, recover and be protected. Learning Centres, Early Childhood Education Centres, Women and Girls Safe Spaces – the very facilities set up to give these children some stability are among those now flooded.”</div>
<div>Heavy rainfall means the risk of landslides and flash flooding remains high, and forecasters are warning there is more to come. The priority is to keep children away from hazardous areas, support families who have been displaced, and protect essential services.</div>
<div>“Our partners on the ground have activated emergency response teams. But the scale of what&#8217;s needed will only grow if this rain continues.”</div>
<div>ChildFund New Zealand has a long-standing emergency appeal supporting Rohingya refugee children and families living in Cox&#8217;s Bazar, where more than 1.1 million people remain displaced.</div>
<div>“These children are facing crisis after crisis with nowhere else to go. They need the world to keep paying attention” says Josie Pagani.</div>
<div>ChildFund New Zealand’s<span class="gmail-Apple-converted-space"> </span><a href="https://childfund.org.nz/child-refugee-crisis" target="_blank" rel="noopener noreferrer">Child Refugee Crisis Appeal</a><span class="gmail-Apple-converted-space"> </span>remains open to those who wish to support children and communities facing ongoing displacement and repeated disasters.  </div>
</div>
</div>
<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>Sudan: More than 5,500 children displaced by escalating violence in El Obeid in past two weeks</title>
		<link>https://livenews.co.nz/2026/07/07/sudan-more-than-5500-children-displaced-by-escalating-violence-in-el-obeid-in-past-two-weeks/</link>
		
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		<pubDate>Tue, 07 Jul 2026 02:16:48 +0000</pubDate>
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					<description><![CDATA[Source: Save the Children More than 5,500 children are among the 11,000 people newly displaced in the wake of escalating violence in and around the city of El Obeid in North Kordofan, Sudan, with thousands more at risk, Save the Children said [1]. The latest displacement in over three years of war comes amid intensified hostilities ... <a title="Sudan: More than 5,500 children displaced by escalating violence in El Obeid in past two weeks" class="read-more" href="https://livenews.co.nz/2026/07/07/sudan-more-than-5500-children-displaced-by-escalating-violence-in-el-obeid-in-past-two-weeks/" aria-label="Read more about Sudan: More than 5,500 children displaced by escalating violence in El Obeid in past two weeks">Read more</a>]]></description>
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<div>
<h2><span>Source:</span><span class="gmail-Apple-converted-space"> </span><span>Save the Children</span><br /></h2>
</div>
<div>
<div>More than 5,500 children are among the 11,000 people newly displaced in the wake of escalating violence in and around the city of El Obeid in North Kordofan, Sudan, with thousands more at risk, Save the Children said [1].</div>
<div>The latest displacement in over three years of war comes amid intensified hostilities around the city, with the UN warning that up to 500,000 civilians are at risk of being targeted in large-scale atrocities and could be displaced if the situation escalates.</div>
<div>This warning follows increased drone strikes that have killed civilians and destroyed civilian infrastructure, resulting in severe fuel and water shortages, while siege-like conditions in the city have left thousands of people trapped and cut off from basic services.</div>
<div>Humanitarian access to El Obeid, a critical commercial and humanitarian hub for the region, is becoming increasingly constrained, with several major access routes into the city disrupted or closed, Save the Children said.</div>
<div>At the same time, the onset of the rainy season and an ongoing cholera outbreak in Kordofan with over 300 cases, confirmed by the State Ministry of Health, is creating further risks for children who are unable to access healthcare. New displacement into already overcrowded camps is increasing the likelihood of the outbreak worsening.</div>
<div>As families arrive in displacement sites and into local communities, they face increasingly difficult living conditions. Many are struggling to access adequate shelter, clean water, healthcare and education services, while overcrowding is placing additional pressure on already limited resources.</div>
<div>Emad-, who lives with his children, wife and members of his extended family in El Obeid, witnessed the latest drone attacks. He told Save the Children: “Throughout June, the situation in El Obeid was extremely challenging, drones rained heavily in and around the city. About 11 fuel stations were hit, along with fuel tankers coming to El Obeid. Additionally, tankers sitting idle inside the city were also hit including water tankers. There seems to be a systemized targeting that directly affected the economic situation, causing price hikes and water shortages, where two jerrycans now go for almost 6,000 Sudanese pounds ($10).”</div>
<div>Save the Children is particularly concerned about the growing psychological toll on children, many of whom have witnessed violence, lost loved ones, or been forced to flee multiple times in the past three years.</div>
<div>Sudan is home to the world’s largest displacement crisis with about<span class="gmail-Apple-converted-space"> </span><a href="https://news.un.org/en/story/2026/04/1167281" target="_blank" rel="noopener noreferrer">14 million people</a><span class="gmail-Apple-converted-space"> </span>or a quarter of the population, forced to flee their homes.</div>
<div>Francesco Lanino, Deputy Country Director for Save the Children in Sudan, said:</div>
<div>“For children, displacement is far more than the loss of a home. It often means losing access to school, healthcare, clean water and the support networks that help them feel safe and protected. Many have already been displaced multiple times, and without urgent action to protect civilians, maintain humanitarian access and prevent further violence, thousands of children could be forced to flee while facing increasing risks to their safety, health and wellbeing.”</div>
<div>Across Sudan, children continue to bear the brunt of the conflict. Children under 18 make up about 55% of the country&#8217;s displaced population, highlighting the disproportionate impact of violence and displacement on children&#8217;s safety, wellbeing and future.</div>
<div>Save the Children continues to operate in and around El Obeid, providing health, nutrition, water, sanitation, education and child protection services despite growing access challenges.</div>
<div>Save the Children is calling for the protection of civilians, safe and sustained humanitarian access, and increased support for displaced children and families in North Kordofan and across Sudan. Without urgent action, needs are expected to increase significantly in the coming weeks, placing thousands more at risk.</div>
<div>Save the Children has worked in Sudan since 1983 and provides programming for children and families affected by conflict, displacement, extreme poverty and hunger.</div>
<div><b>Notes:</b></div>
<div>[1] According to data from Save the Children teams in El Obeid, Sudan.</div>
<div>-Name changed to protect identities.</div>
</div>
<div>
<div></div>
<div><b>About Save the Children NZ:</b></div>
<div>Save the Children works in 120 countries across the world. The organisation responds to emergencies and works with children and their communities to ensure they survive, learn and are protected.</div>
<div>Save the Children NZ currently supports international programmes in Fiji, Cambodia, Bangladesh, Laos, Nepal, Vanuatu, Solomon Islands and Papua New Guinea. Areas of work include child protection, education and literacy, disaster risk reduction and climate adaptation, and alleviating child poverty.</div>
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<p><a href="http://milnz.co.nz/mil-osi-aggregation/" target="_blank" rel="noopener noreferrer">MIL OSI</a></p>
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		<title>AEON Bank Biz Powers Up Business Growth with Term Financing-i and Working Capital Financing-i</title>
		<link>https://livenews.co.nz/2026/07/07/aeon-bank-biz-powers-up-business-growth-with-term-financing-i-and-working-capital-financing-i/</link>
		
		<dc:creator><![CDATA[MIL OSI]]></dc:creator>
		<pubDate>Tue, 07 Jul 2026 02:05:23 +0000</pubDate>
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					<description><![CDATA[Source: Media Outreach AEON Bank (M) Berhad is Malaysia’s first digital Islamic bank, licensed and regulated by Bank Negara Malaysia and the Ministry of Finance. Officially launched on 26 May 2024, we currently offer a suite of Shariah-compliant products and services for the Personal Banking and Business Banking (AEON Bank Biz) customers. Our Personal Banking ... <a title="AEON Bank Biz Powers Up Business Growth with Term Financing-i and Working Capital Financing-i" class="read-more" href="https://livenews.co.nz/2026/07/07/aeon-bank-biz-powers-up-business-growth-with-term-financing-i-and-working-capital-financing-i/" aria-label="Read more about AEON Bank Biz Powers Up Business Growth with Term Financing-i and Working Capital Financing-i">Read more</a>]]></description>
										<content:encoded><![CDATA[<p>Source: Media Outreach</p>
<p>AEON Bank (M) Berhad is Malaysia’s first digital Islamic bank, licensed and regulated by Bank Negara Malaysia and the Ministry of Finance. Officially launched on 26 May 2024, we currently offer a suite of Shariah-compliant products and services for the Personal Banking and Business Banking (AEON Bank Biz) customers.</p>
<p>Our Personal Banking offerings are 100% accessible online via the AEON Bank app, where customers can activate and access the deposit Savings Account-i, AEON Bank x Visa Debit Card-i, Personal Financing-i, Term Deposit-i, Savings Pot, DuitNow QR, Zakat, Takaful, JomPay, utility bill payments, as well as a range of digital payment services with strategic partners and merchants. Moreover, AEON Bank has developed the Neko Missions, Malaysia’s first gamified digital banking interactive rewards programme and ‘Neko Sensei’, the AI-powered personal financial coach.</p>
<p>On 8 August 2025, AEON Bank (M) Berhad officially introduced AEON Bank Biz with the integrated cash management capabilities anchored by the Business Current Account-i, alongside Biz Term Deposit-i, Biz QR, Term Financing-i and Working Capital Financing-i. AEON Bank Biz focuses on streamlined processes for account onboarding, credit assessments and financial services, utilising AI-driven fintech solutions to enable simplified procedures, faster approvals, and an enhanced digital banking experience for businesses in Malaysia.</p>
<p>For eligible deposit-based products under AEON Bank and AEON Bank Biz, such as the Savings Account-i, Savings Pot, Term Deposit-i, Business Current Account-i and Biz Term Deposit-i, the deposits are protected up to RM250,000 per depositor. AEON Bank is a member of Perbadanan Insurans Deposit Malaysia (PIDM) and the deposit protection is automatic and free.</p>
<p>Being part of the AEON Group conglomerate, AEON Bank (M) Berhad is equally held by AEON Financial Service Co. Ltd. (AFS Japan) and AEON Credit Service (M) Berhad (ACSM). AFS Japan is responsible for the AEON Group’s financial services businesses, with strong roots in the retail sector which operates in Japan and 10 countries across Asia. AEON Group is Japan’s largest retail group and it is a pure holding company that comprises eight core businesses.</p>
<p>AEON Group Malaysia consists of several entities, namely, AEON Co. (M) Bhd, AEON Credit Service (M) Berhad, AEON Bank (M) Berhad, AEON BiG (M) Sdn Bhd, AEON Fantasy (M) Sdn Bhd, AEON Delight (M) Sdn Bhd, AEON Global Supply Chain Sdn Bhd and Malaysian AEON Foundation (MAF). AEON Group has been a recognisable household brand with more than 200 years of history and evolution in Japan since the Edo era, along with 4 decades of growth in Malaysia, providing consumers with daily financial solutions and diversified retail convenience.</p>
<p>Our cloud native agility and AI optimisation, combined with the strength of our Shariah finance DNA, Malaysian tenacity and Japanese roots are our distinguishing factors, while the integration across the AEON ecosystem gives us a competitive advantage of being the only bank in Malaysia with its own nationwide retail network. On top of that, AEON Points loyalty programme offers customers value-added benefits and meaningful rewards for their online shopping and in-store purchases.</p>
<p>AEON Bank (M) Berhad is committed to empowering the community in pursuing their financial aspirations and achieve economic independence, while cultivating a more inclusive financial future for all. We will continue to contribute towards positioning Malaysia as the Islamic banking hub in the region and fostering the growth of the nation’s digital economy.</p>
<p> – Published and distributed with permission of <a href="http://www.media-outreach.com/" target="_blank" rel="nofollow">Media-Outreach.com.</a></p>
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