- More details on the major events on the second leg of the Dental for All roadshow (running 7-17 September 2025) are available here.
- FrankAdvice’s research, showing (on a conservative estimate, using the CBAx tool) that the current dental system is costing the country $2.5bn in lost productivity and $3.1bn in reduced quality of life, is available online here.
Advocacy – Dental Advocacy Group “Seeing Significant Unmet Need” on Dental in Nationwide Roadshow, Begins Second Part of National Tour
A+ credit rating will boost social housing delivery
Source: New Zealand Government
News that the Community Housing Funding Agency has achieved an A+ credit rating from S&P Global will mean more social homes can be delivered more cost effectively, Housing Minister Chris Bishop says.
“Currently, Community Housing Providers (CHPs) account for 16 per cent of our social homes, or around 14,000 houses, while Kāinga Ora provides about 73,000 social homes.
“Organisations like The Salvation Army, Accessible Properties NZ Ltd, and Te Āhuru Mōwai Ltd Partnership, among others, do a great job providing housing and other support to people in need. This Government wants the CHP sector to grow and thrive.
“My ambition for the social housing system is for a level playing field between CHPs and Kāinga Ora. The underlying ownership of a house – whether public or private – should be irrelevant. What matters is the provision of warm, dry homes to those who need them, along with social support if required.
“We call this competitive neutrality. In some areas and for some people, CHPs are the answer. In other areas, Kāinga Ora will be the way to go. But while KO’s borrowing is done through the Crown, CHPs have until recently had to access debt from the private market at higher rates meaning it’s been more expensive for them to deliver social homes.
“Earlier this year, the Government moved to level the playing field between Kāinga Ora and CHPs by establishing Crown lending facilities of up to $150 million for the Community Housing Funding Agency (CHFA). This support was conditional on CHFA obtaining a credit rating.
“I’m pleased that CHFA has today received an A+ credit rating from international ratings agency S&P Global.
“This credit rating means they will be able to access capital more easily at lower rates. This means they can pass those savings on to CHPs who can then deliver social housing at lower costs.
“This very good credit rating will unlock lower borrowing costs for CHFA and for CHPs, meaning they’ll be able to deliver more social homes for less.
“For many CHPs, it will mean headline interest rates reduce by up to 1.00%, lowering their annual interest bills by 15-20%.
“Lowering the borrowing costs for CHPs will have two key benefits.
“For existing and soon-to-be-signed social housing contracts including those funded through Budgets 2024 and 2025, CHPs moving to new loan terms financed by CHFA could save up to $75,000 over the 20 to 25-year average term of existing contracts. CHPs can reinvest these savings into social programmes and will require less upfront and ongoing funding from the Crown to compete to build new social and affordable housing places.
“For new CHP social housing, the Government is expected to save $115k-$120k per house over the life of a 25-year IRRS contract[1]. This means we can do more to help people in need with the same amount of funding.
“For example, in Budget 2024, $140m funded 1,500 CHP social housing places – but with 1% cheaper borrowing rates, that same amount could fund 1,767 places, an 18% increase of 267 houses.
“Getting value for every taxpayer dollar we spend is a core priority for this Government, so it’s encouraging to see that the Crown’s loan to CHFA is resulting in more efficient social housing delivery and better value for taxpayers.”
[1] Assumes a 1% in interest rate saving over the full term of the contract.
Note to editor:
The Community Housing Funding Agency (CHFA) brings together philanthropists, fund managers, Government funding and leading charities to tackle New Zealand’s social housing challenges.
CHFA was launched by Community Finance in 2024 and aggregates the finance requirements for CHPs around New Zealand, unlocking lower cost finance at scale to support the delivery of social housing. It is the largest lender to CHPs in New Zealand.
Fatal crash: Taieri-Allanton Road/SH1, Allanton
Source: New Zealand Police
Police can confirm that one person has died following a two-vehicle crash on East Taieri-Allanton Road/SH1 at around 1:30pm yesterday.
One other person sustained moderate injuries.
The Serious Crash Unit attended, and the road has now reopened.
ENDS
Issued by the Police Media Centre.
Road closed: Omahu Road, Hastings
Source: New Zealand Police
Omahu Road, Hastings, is closed following a serious incident that has left one person critically injured and two others with serious injuries.
Emergency services were notified of the incident about 2:20am and the road was closed shortly afterwards.
Motorists should expect delays and take alternative routes.
The road is expected to remain closed until later today.
Police are making enquiries.
ENDS
Issued by the Police Media Centre.
Appeal for information to locate missing person, Aydan
Source: New Zealand Police
Police are still urgently appealing for sightings of 39-year-old Aydan, who has now not been seen for three weeks.
Aydan was last seen in Chartwell in the early hours Sunday 17 August in Snell Drive, believed to be driving his 2016 Grey Mazda ute, registration QYA209.
Detective Sergeant Jonathan Carter says he has not been heard from since, and his family are desperate to find out what has happened to him.
“It’s not like Aydan to be out of contact this long, and we know they’re increasingly worried as time goes by.
“Over the past few weeks, Police have followed up numerous leads and worked through any information provided by the public.
“We’re grateful to everyone who has shared information so far, but sadly we still have not been able to locate Aydan.”
One aspect currently being considered is that Aydan may have parked up in a rural or bush area, and Police want to appeal to the wider Waikato/Bay of Plenty region for any sightings of him or his vehicle.
“Maybe you’ve gone hunting and seen a vehicle parked up and not thought much of it, and then returned another time and it’s still there. We’re looking for anything out of the ordinary like that.
“If you have noticed a Grey Mazda ute somewhere across the region and think something might not be quite right, we would like to hear from you.”
If you have any information, please contact Police via 105, either over the phone or online, referencing file number 250819/5160.
ENDS
Issued by the Police Media Centre.
Media advisory: Police appeal for Te Anihana Pomana
Source: New Zealand Police
Media are invited to attend a stand up with Detective Senior Sergeant Martin Friend in relation to ongoing appeals to locate missing 25-year-old woman Te Anihana Pomana.
Police will hold the stand up later this morning at the Auckland Central Police Base on Federal Street.
WHO:
Detective Senior Sergeant Friend will speak to media and take questions.
Te Anihana’s mother, Catherine Anderson, will also be present.
WHAT:
Te Anihana’s mother will read a message, but has indicated she doesn’t wish to take questions.
Following the stand up, flyers are being distributed to local businesses which media are able to capture.
WHERE:
Auckland Central Police Base, located at 210 Federal Street.
WHEN:
The stand-up will begin at 10.30am, please arrive beforehand to allow time to set up.
RSVP:
Media are asked to RSVP to media@police.govt.nz
ENDS
Hong Kong Joins the Nation in Commemorating the 80th Anniversary of Victory in the Chinese People’s War of Resistance
Source: Media Outreach
HONG KONG SAR – Media OutReach Newswire – 4 September 2025 – Hong Kong joined nationwide activities to mark the 80th Anniversary of Victory in the Chinese People’s War of Resistance against Japanese Aggression and the World Anti-Fascist War. September 3 is designated as Victory Day in China, marking the end of the longest-running campaign in the war against fascism (1931-1945).
John Lee, Chief Executive the Hong Kong Special Administrative Region, led a delegation of about 360 local government officials, war veterans and representatives from various sectors of the community to attend Victory Day activities in Beijing, including a massive military parade.
Before the parade, President Xi Jinping delivered a speech to commemorate Victory Day, noting that the Chinese people made a major contribution to the salvation of human civilization and the defense of world peace with immense sacrifice in the war.
During the War of Resistance, Hong Kong was an important stronghold for the anti-Japanese and national salvation movement. It did not only function as a vital transit hub for wartime supplies from abroad, but also hosted the Hong Kong Independent Battalion of the Dongjiang Column, which stood as the sole organised armed force consistently resisting the Japanese and conducted operations behind enemy lines, making significant contributions to the country.
In commemorating the 80th anniversary of the victory of the Chinese People’s War of Resistance, Hong Kong upholds the spirit of “remembering history, honoring martyrs, cherishing peace, and creating a great future”.
As President Xi said during a Victory Day reception: “At all times, we must advocate the common values of humanity, resolutely defend international fairness and justice, and ensure righteousness prevails and brightness shines in our world.”
Meanwhile, a series of commemorative activities have been organised in Hong Kong, including exhibitions, educational activities and film screenings to enable citizens to understand this important piece of history, promote the spirit of patriotism, and cultivate a sense of love and responsibility for the country.
Over 180 pieces of War of Resistance relics are on display at the “United in Arms, Standing for Peace – 80th Anniversary of the Chinese Victory in the War of Resistance Exhibition” at the Hong Kong Museum of History (until December 15), which is jointly organised with the National Museum of China.
More details about the 80th Anniversary activities in Hong Kong are available from www.80avictory.gov.hk.
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
NZ-AU: Robin Energy Ltd. Announces the Delivery of its Second Vessel
Source: GlobeNewswire (MIL-NZ-AU)
LIMASSOL, Cyprus, Sept. 04, 2025 (GLOBE NEWSWIRE) — Robin Energy Ltd (NASDAQ: RBNE), (“Robin Energy” or the “Company”), an international ship-owning company providing energy transportation services globally, announced today that on September 3, 2025 it took delivery of the LPG Carrier Dream Syrax, the 2015-built vessel the acquisition of which was previously announced on July 10, 2025. The vessel was delivered following the completion of its scheduled drydock and special survey. The acquisition was funded entirely with cash on hand.
The vessel is currently employed under a time-charter contract with a reputable counterparty at a rate of $337,000 per calendar month with earliest redelivery expected in late December 2025.
Petros Panagiotidis, Chairman and Chief Executive Officer of Robin Energy, commented: “The delivery of the Dream Syrax, which has doubled the size of our fleet in a very short time since our listing, enhances our earnings capacity and reinforces our ability to generate stable cash flows for shareholders. We continue to target growth opportunities through selective acquisitions that will further strengthen our fleet profile and create long-term value, supported by our debt-free balance sheet and robust cash position.”
About Robin Energy Ltd.
Robin Energy is an international ship-owning company providing energy transportation services globally. Robin Energy owns one Handysize tanker vessel and one LPG carrier that carry petrochemical gases and refined petroleum products worldwide.
For more information, please visit the Company’s website at www.robinenergy.com. Information on our website does not constitute a part of this press release.
Cautionary Statement Regarding Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, including those related to the charterer’s redelivery of the vessel. We are including this cautionary statement in connection with this safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending” and similar expressions identify forward-looking statements.
Forward-looking statements are subject to risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future and/or are beyond our control or precise estimate. Such risks, uncertainties and other factors include those factors discussed under “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 and our other filings with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov. Except to the extent required by applicable law, we disclaim any intention or obligation to update publicly or revise any forward‐looking statements, whether as a result of new information, future events or otherwise.
CONTACT DETAILS
For further information please contact:
Investor Relations
Robin Energy Ltd.
Email: ir@robinenergy.com
– Published by The MIL Network
NZ-AU: Toro Corp. Announces the Completion of the Sale of the LPG Carrier Dream Syrax
Source: GlobeNewswire (MIL-NZ-AU)
LIMASSOL, Cyprus, Sept. 04, 2025 (GLOBE NEWSWIRE) — Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announces that on September 3, 2025, it completed the previously announced sale of the Dream Syrax a 2015-built 5,000 cbm LPG Carrier vessel by delivering the vessel to its new owner.
About Toro Corp.
Toro Corp. is a global energy transportation services provider, operating a modern fleet of oceangoing vessels. Toro Corp. owns three LPG carrier vessels and one MR tanker vessel that transport petrochemical gases and refined petroleum products worldwide.
Toro is incorporated under the laws of the Republic of the Marshall Islands. The Company’s common shares trade on the Nasdaq Capital Market under the symbol “TORO”.
For more information, please visit the Company’s website at www.torocorp.com. Information on our website does not constitute a part of this press release.
Cautionary Statement Regarding Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. We are including this cautionary statement in connection with this safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending” and similar expressions identify forward-looking statements.
Forward-looking statements are subject to risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future and/or are beyond our control or precise estimate. Such risks, uncertainties and other factors include, but are not limited to, uncertainties related to the Company’s and its counterparty’s ability to consummate the transaction discussed herein, as well as those factors discussed under “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 and our other filings with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov. Except to the extent required by applicable law, we disclaim any intention or obligation to update publicly or revise any forward‐looking statements, whether as a result of new information, future events or otherwise.
CONTACT DETAILS
For further information please contact:
Investor Relations
Toro Corp.
Email: ir@torocorp.com
– Published by The MIL Network
Value of building work put in place: June 2025 quarter – Stats NZ information release
|