MIL-OSI: Data > Intelligence > News
Source: Kiwibank Yes, the RBNZ cut 50bps today, as expected. RBNZ officials have proven to be nibble, again, and thankfully. The economy needs help. But the main message from today’s MPS is the lowering (again) of the OCR track. The RBNZ are signalling more cuts, sooner. The RBNZ has effectively matched market pricing, and moved closer … Read more
Source: New Zealand Sotheby’s International Realty (NZSIR) Noah’s Ark is now up for sale in Christchurch, New Zealand. The distinctive property – believed to be the only ark for sale in the world – is expected to attract international interest. Listed by leading real estate agency New Zealand Sotheby’s International Realty (NZSIR), the (approximate) 860 … Read more
Source: New Zealand Transport Agency 19 February 2025 2:58 pm | NZ Transport Agency Waka Kotahi Greymouth’s High St (SH6) will be closed between Shakespeare St and Morice St next Wednesday night, 26 February, says NZ Transport Agency Waka Kotahi (NZTA). The highway will be resurfaced between 8 pm and 6 am, weather permitting. NZTA … Read more
Source: Green Party Today’s OCR cut will fail to soothe the long-term pain Christopher Luxon’s Government is inflicting upon our communities. “Luxon’s Government had options to cool demand in the economy. Instead of sharing resources around so everyone could get through the hard times, they threw jobs, public services and livelihoods on the scrapheap,” says … Read more
Source: New Zealand Transport Agency 19 February 2025 2:29 pm | NZ Transport Agency Waka Kotahi UPDATE: 2:25 pm:The crash site has been cleared and State Highway 6 has reopened in both directions. Some delays are possible as queued traffic clears. 1:25 pm: Drivers travelling on the inland route between Nelson and Springs Junction can … Read more
Source: New Zealand Transport Agency 19 February 2025 2:11 pm | NZ Transport Agency Waka Kotahi UPDATE: 2:10 pmThe Terrace Tunnel is now open in both directions. NZTA/Waka Kotahi and the Wellington Transport Alliance thank drivers for their patience and cooperation while this incident was resolved. UPDATE 1:55 pm: The Terrace Tunnel is now open … Read more
Source: ACT Party The Government must keep cutting to keep the interest rate relief coming, says ACT Leader David Seymour in response to a 0.5 point cut in the Official Cash Rate. “Households who’ve done it tough through a cost-of-living crisis are seeing their sacrifices pay off. Today’s good news can be credited in part … Read more
Source: New Zealand Government The Reserve Bank’s positive outlook indicates the economy is growing and people can look forward to more jobs and opportunities, Finance Minister Nicola Willis says. The Bank today reduced the Official Cash Rate by 50 basis points. It said it expected further reductions this year and employment to pick up in … Read more
Source: ASB ASB is dropping variable interest rates across personal, business and rural lending by 0.50%, passing on today’s Official Cash Rate (OCR) cut in full. ASB’s Executive General Manager Personal Banking Adam Boyd says, “In the past six months, we’ve reduced our variable rates by nearly 2%, and we’re pleased to be passing on … Read more
Source: PSA The Government’s setting up of a crisis health working group won’t help a failing health system unless increased investment is urgently made. The so-called health assurance unit will operate within Te Kawa Mataao Public Service Commission. “This is a crisis of the Government’s own making and the unit is another sign of desperation,” said … Read more
Source: Media Outreach Owned and operated by JustCo, the 24,000 sqft space blends refined hospitality, experience and design inspired by the rhythm of Tokyo Station SINGAPORE – Media OutReach Newswire – 19 February 2025 – The Collective opens its inaugural flagship at GranTokyo South Tower, presenting a new era of inspired workspace for discerning professionals. … Read more
Source: ACT Party ACT Agriculture spokesperson Mark Cameron is welcoming Federated Farmers’ latest Farm Confidence Survey, which shows farmer confidence has jumped to a 10-year high, but says there is more work to be done – including resolving challenges posed by our climate commitments. “Finally, we’ve got a Government committed to letting farmers farm, and it’s … Read more
Source: Eastern Institute of Technology – Tairāwhiti 46 seconds ago Aspiring automotive professionals at EIT had a unique opportunity to witness history in motion as three Bugatti classics made their way onto the Hawke’s Bay campus. The three rare vehicles, this year’s featured French marque, travelled from around the country for the Art Deco Festival. … Read more
Source: New Zealand Government Agriculture Minister, Todd McClay and Minister for Māori Development, Tama Potaka today congratulated the finalists for this year’s Ahuwhenua Trophy, celebrating excellence in Māori sheep and beef farming. The two finalists for 2025 are Whangaroa Ngaiotonga Trust and Tawapata South Māori Incorporation Onenui Station. “The Ahuwhenua Trophy is a prestigious award celebrating the vital … Read more
Source: Auckland Council Watercare has finished cementing the concrete foundations and plinths to support the state-of-the-art upgrades at the Wellsford Wastewater Treatment Plant. Made from reinforced concrete, the nine plinths were installed on top of 99,000 litres of concrete that was poured one week earlier. Each of the plinths will support a tank that will … Read more
Source: New Zealand Government The Government is continuing to respond to the Royal Commission of Inquiry into Abuse in Care by establishing a fund to honour those who died in care and are buried in unmarked graves, and strengthen survivor-led initiatives that support those in need. “The $2 million dual purpose fund will be available … Read more
Source: Royal Australasian College of Surgeons (RACS) Te Whare Piki Ora o Māhutonga – the Royal Australasian College of Surgeons (RACS) – says proposed cuts to Te Whatu Ora’s digital services were made with reference to financial considerations, not clinical ones. It argues any projected cost savings don’t factor in the potential impact on clinical … Read more
Source: Tribal Group Wellington, February 5, 2025 – Tribal Group, a leading provider of education technology, is delighted to announce its partnership with The Royal New Zealand College of General Practitioners (the College). Following an extensive evaluation process, the College has selected Tribal’s ebs learner management system to assist the transformation of their learner experience … Read more
Source: Fonterra Fonterra Co-operative Group Ltd has today provided an update on the process to divest its global Consumer business and integrated businesses Fonterra Oceania and Sri Lanka. Fonterra CEO Miles Hurrell says the Co-op’s decision to pursue a divestment is grounded in an understanding of where it creates the most value for farmers … Read more
Source: Statistics New Zealand Business price indexes: December 2024 quarter – 19 February 2025 – Business price indexes (BPI) includes the producers price index (PPI), capital goods price index (CGPI), and farm expenses price index (FEPI). Key factsIn the December 2024 quarter compared with the September 2024 quarter: the output producers price index (PPI) fell … Read more
Source: Federated Farmers Farmer confidence has risen to its highest level in over a decade, rebounding from record lows in recent years. Federated Farmers’ latest Farm Confidence Survey shows falling interest rates, rising incomes and more favourable farming rules have all played a major role in that improvement. “I’ve definitely noticed a significant shift in the mood … Read more
Source: Finance and Mortgage Advisers Association of New Zealand (FAMNZ) RBNZ interest rate decision – “If as expected, the Reserve Bank of New Zealand (RBNZ) reduces the official cash rate, we call on all banks to quickly pass on the full reduction to both new and existing borrowers. “Our message to borrowers who do not … Read more
Source: New Zealand Government A busy intersection on SH5 will be made safer with the construction of a new roundabout at the intersection of SH28/Harwoods Road, as we deliver on our commitment to help improve road safety through building safer infrastructure, Transport Minister Chris Bishop says. “Safety is one of the Government’s strategic priorities in … Read more
Source: New Zealand Police (District News) Police are attending a serious crash in Hunua. At around 9am, two vehicles collided at the intersection of Paparimu and Hunua roads. One person is currently in a critical condition and will be airlifted to Auckland City Hospital. The Serious Crash Unit will examine the scene. Diversions are in … Read more
Source: Plant and Food New Zealand – Press Release/Statement: Headline: The challenge of gene editing a plant (NT) Gene editing is a new technology with the potential to breed new crops faster. With changing regulations worldwide on how gene editing can be incorporated into food production systems, what does it actually take to gene edit … Read more
Source: New Zealand Police (District News) Police are attending a serious crash in Pukekohe this morning. The crash occurred at around 9.15am, involving a vehicle and pedestrian at the intersection of Ward and Wellington streets. The pedestrian is currently in a serious condition. Police are aware that traffic has built up in the area, and … Read more
Source: New Zealand Transport Agency Work to ensure the continued safety of wire rope barriers on State Highway 1 Ara Tūhono – Pūhoi to Warkworth motorway got underway this week. Crews are carrying out maintenance on a 5km section of barriers located between the Johnstones Hill tunnels and the Watson Rd bridge crossing (the third … Read more