Source: Ara Ake
- Helping flexibility providers become discoverable to potential buyers on an open-access flexibility platform.
- Supporting providers already visible on these platforms to grow and enhance capacity or improve reliability.
Source: MetService
Covering period of Monday 8 – Thursday 11 September
The cooler temperatures, clear skies, and calm conditions that kick off the beginning of the second week of spring will be in stark contrast to the end of the week, with MetService forecasting wet and windy weather to move up the country from the early hours of Tuesday.
A clear and bright Monday morning came with an extra treat of a lunar eclipse, glimpsed as the moon set. With a ridge of high pressure extending over most of the country, cloud-free skies allowed a vast swathe of the population to view the astronomical phenomenon.
While Tuesday will also start off frosty and fresh, the impending change in the weather will not be far away. The first signs will be an increase in cloud and a switch in the wind: fresh southerly winds give way to gusty northwesterly winds about the southern South Island on Tuesday. Rain accompanies this change in weather, heaviest in the west and possibly thundery there also.
MetService meteorologist Clare O’Connor says, “The front tracking northward up the country has a lot going on: heavy rain and thunderstorms right along the entire western coast; the chance of severe gale northwesterly winds for Canterbury High Country and the lower North Island; and potentially a fresh dump of spring snow for the southern ski fields. This week is really embodying what we think of as spring conditions.”
Later in the week, another shift in weather is expected. As the first front moves off to the east, a new one sinks down from the north. While still a few days away, it is already expected to pack a punch across the upper North Island.
O’Connor adds, “The northern North Island will escape the worst of the weather earlier in the week, but that will change come Thursday. Again, we are expecting heavy rain, potentially gale westerly winds, and maybe even some thunderstorms to have an impact over this area.”
With changeable weather prevailing this week, keeping up to date with the weather at metservice.com will be paramount, especially when deciding whether to take your raincoat or sunglasses – or maybe even both.
Source: Palestine Forum of New Zealand
Every year on 8 September, the world observes International Literacy Day, a reminder of the power of education to break cycles of poverty, open opportunities, and build just, peaceful societies. Literacy is not only about the ability to read and write, but also about dignity, empowerment, and the right to a future.
For Palestinians, however, this right is under constant threat. Decades of occupation, siege, and violence have devastated schools, universities, and libraries. In Gaza, entire educational institutions have been reduced to rubble. Teachers and students have been displaced, arrested, and even killed. What should be safe spaces for learning have been transformed into places of mourning.
Despite these hardships, the Palestinian people have always valued education as a form of resistance and resilience. Palestinian literacy rates remain among the highest in the Arab world, a testament to their deep commitment to knowledge and the belief that education is a pathway to freedom. Parents still encourage their children to read, to study, and to dream, even under bombardment. Books are shared, lessons continue in tents and ruins, and stories are passed down as acts of survival.
On this International Literacy Day, we must not only celebrate the global progress in education but also recognize the injustice faced by millions of Palestinian children who are denied their basic right to learn. Literacy should never be a privilege; it is a human right.
To stand in solidarity with Palestine on this day is to affirm that every child deserves a classroom, every teacher deserves safety, and every community deserves the chance to learn and thrive without fear.
Education is resistance. Literacy is freedom. Palestine deserves both.
Palestine Forum of New Zealand
Source: New Zealand Superannuation Fund
The New Zealand Superannuation Fund has beaten its key performance benchmarks, generating a pre-tax return of 11.84 percent after costs for the year ended 30 June 2025.
Total fund size was up $8.4 billion from a year earlier, ending the 2025 financial year at $85.1 billion.
Jo Townsend, CEO of fund manager the Guardians of New Zealand Superannuation, said that while much of the result was down to the continuing strength of global equity markets, the Guardians’ active investment strategies had also had a positive impact on the Fund’s performance.
“Two numbers are of particular importance to us,” Ms Townsend said.
“The first is net return, or the return over and above the government’s cost of capital.
“For the past year, the 90-Day Treasury bill rate was 4.61 percent, making our net return 7.24 percent – to put it another way, maintaining the Fund this year has made the Crown $5.5 billion better off,” said Ms Townsend.
Ms Townsend said the Fund’s other key benchmark was value add, which expresses how successful the Guardians’ active investment strategies have been.
“We derive that by comparing our Actual Returns with the benchmark returns generated by our Reference Portfolio, which is a notional, passively-managed portfolio of bonds and shares that we believe would meet our mandate,” Ms Townsend said.
“For FY25, our value-added was 0.98 percent. In other words, we added $745 million to the earnings we would have achieved by following a passive, index-tracking strategy.”
Ms Townsend said that while short-term results were a useful check on the portfolio, the Guardians’ mandate and purpose – Sustainable Investment Delivering Strong Returns for All New Zealanders – meant the Fund’s long-term results told a more important story.
“Over the past 20 years, we have consistently outperformed our long-run expectations, generating an average annual return of 9.92%,” Ms Townsend said.
“Certainly, part of that is down to some well-thought-out and well-implemented active investment strategies: during that time, those strategies have generated close on $20 billion more than a passive strategy with the same level of market risk would have returned.
“However, we must also recognise that much of the Fund’s success is due to the exceptionally strong performance of global markets over the past 20 years – despite two once-in-a-generation crises in the Global Financial Crisis and COVID-19.”
Earlier this year, international sovereign wealth fund experts GlobalSWF named the Super Fund the world’s best-performing sovereign wealth fund over the past 10 and 20 years.
Ms Townsend said while it was satisfying to have the Fund’s results recognised internationally, it was important to remember that different funds operated in different contexts.
“Over the last 20 years our long term investment horizon has allowed us to pursue growth-oriented investment strategies through market ups and downs and to take advantage of short-term volatility and uncertainty,” Ms Townsend said.
Ms Townsend said the clarity of the Guardians’ mandate was also a significant advantage for the NZ Super Fund.
“We operate with a clear legislative mandate and independence from the government of the day, which allows us to remain focused on the long term and make investment decisions on a purely commercial basis. That has been central to the success we have had.”
Fund Performance as at 30 June 2025 (unaudited)
Totals may not equal the sum of underlying components due to rounding. Returns for periods longer than one year are annualised. Table excludes provisions for New Zealand tax.