Source: Eastern Institute of Technology – Tairāwhiti
Serious crash, Saddle Road, Woodville
Source: New Zealand Police (District News)
Police are responding to a serious crash on Saddle Road, Woodville.
Emergency services were alerted to the two-vehicle crash near the Hope Road intersection at around 11.10am.
Initial indications suggest there are injuries.
The Serious Crash Unit has been advised.
The road is closed, and motorists are advised to avoid the area and follow diversions.
ENDS
Mining Sector – Business costs can’t increase to modernise DoC – Straterra
Source: Straterra Inc
Local News – Pump track planned for Porirua’s Postgate Park
Source: Porirua City Council
Release: PSA survey proves Govt’s cuts are hurting patients
Source: New Zealand Labour Party
The National Government’s decision to cut jobs and freeze recruitment of health care workers is hurting frontline services and harming patients.
“The PSA’s health workforce survey shows 81 percent of health workers believe the cuts and restructuring they’ve been subjected to over the last year have hurt the services they deliver,” Labour health spokesperson Ayesha Verrall said.
“Our healthcare workers are enduring job cuts, underfunding and a hiring freeze, and they can see every day the impact that it’s having on their ability to help people in need.
“The survey of almost 1300 health workers shows that cuts and hiring freezes result in longer waiting lists and burnt out staff, both of which can contribute to poorer health for patients.
“Cuts to services mean people can’t get the care and treatment they need to help their condition improve right now. Their condition can also worsen long-term creating greater cost to the health system and lower quality of life for patients in the future.
“National talked a big game during the election campaign, promising both tax cuts and improved health services, but now we’re seeing New Zealanders paying the price.
“This government is failing to deliver what they promised and is taking New Zealand’s health system backwards,” Ayesha Verrall said.
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Govt urged to rule out any involvement in AUKUS
Source: Green Party
The Green Party is calling on the Prime Minister to rule out joining the AUKUS military pact in any capacity following the scenes in the White House over the weekend.
“President Trump’s appalling treatment of his Ukrainian counterpart is a clear warning that we must avoid AUKUS at all costs,” says the Green Party’s Foreign Affairs Spokesperson, Teanau Tuiono.
“Aotearoa must stand on an independent and principled approach to foreign affairs and use that as a platform to promote peace.
“What we saw in the White House at the weekend laid bare the volatility and danger of the Trump leadership – nothing good can come from deepening our links to this administration.
“Christopher Luxon should read the room and rule out joining any part of the AUKUS framework.
“We believe Aotearoa New Zealand should steer clear of AUKUS regardless of who is in the White House, but Trump’s transactional and hyper-aggressive foreign policy makes the case to stay out stronger than ever.
“Our country must not join a campaign that is escalating tensions in the Pacific and talking up the prospects of a war which the people of our region firmly oppose.
“Advocating for, and working towards, peaceful solutions to the world’s conflicts must be an absolute priority for our country,” says Teanau Tuiono.
Northland News – No major changes for NRC Annual Plan
Source: Northland Regional Council
Serious Crash, Whitemans Road, Silverstream
Source: New Zealand Police (District News)
Police are responding to a crash involving a vehicle and a pedestrian on Whitemans Road near Gard Street, Silverstream, Upper Hutt.
The crash was reported around 9:50am.
Initial indications suggest there are serious injuries.
The Serious Crash Unit has been advised.
The road is blocked and motorists are advised to take an alternate route.
ENDS
Issued by Police Media Centre
Economy – RBNZ Stats Alert Business Expectations Survey: Concluding development update ahead of regular publication
3 March 2025 – We would like to thank all the businesses taking part in the development of the new Tara-ā-Umanga Business Expectations Survey as we build a representative sample survey of New Zealand businesses.
Following a successful development phase, we plan to commence ongoing quarterly publication in mid-May 2025 (for the June quarter) in advance of the 28 May Monetary Policy Statement, in line with the timing of our other expectation surveys.
This new survey includes several hundred businesses from different sectors around the country, from small to large firms. It is separate from the existing Survey of Expectations including expert forecasters and economists, and industry leaders (Table M14, 1987 – onwards), which will continue.
Business Expectations Survey, final testing:
We completed our development of Tara-ā-Umanga Business Expectations Survey with a fourth pilot survey in January 2025. The testing phase has allowed us to test the survey methodology over multiple waves, build the sample size over time, and creates a one-year span of quarterly data. A public consultation on the survey was undertaken during March 2024.
Tara-ā-Umanga Business Expectations Survey: Concluding development update outlines our lessons learnt from the latest testing activities and resulting design decisions.
The achieved sample size has built to 389 responding businesses in pilot 4 (383 in pilot 3, 251 in pilot 2 and 68 in pilot 1).
We maintained consistent design decisions and survey weighting methods from pilot 3. Additional data analysis, using pilot 4 data, provides confidence that these choices are suitable for a high-quality ongoing survey. (ref. https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=1c3701d2d8&e=f3c68946f8 )
While the pilot survey results are experimental, the new series are already demonstrating the value of a large representative sample survey. For example, by facilitating estimates of expectations broken down by business size and industry. It should be noted that while this survey represents a significant uplift in our expectations data, more observations are needed to enable us to estimate the relationship between these data and ultimate inflation outcomes.
Background information
Inflation expectations are important because households and businesses reflect their expectations in their price- and wage-setting decisions. Improving the quality of our expectation surveys is part of the wider response to our 2022 review of how we formulate and implement our monetary policy. In this review, we identified several areas where better data could support high quality monetary policy decision-making.
For further information please see Tara-ā-Umanga Business Expectations Survey: Survey design and development: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=84645fcafe&e=f3c68946f8
For the latest Monetary Policy Statement see Monetary Policy Statement February 2025: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=81002ac320&e=f3c68946f8
Higher meat export prices boost terms of trade – Stats NZ media and information release: International trade: December 2024 quarter
Source: Statistics New Zealand
Higher meat export prices boost terms of trade – 3 March 2025 – Export prices increased more than import prices in the December 2024 quarter, which led to a 3.1 percent rise in the terms of trade, according to figures released by Stats NZ today.
The terms of trade represent the ratio of export prices to import prices. They can be interpreted as a measure of New Zealand’s purchasing power on the international stage and as an indicator of the relative strength of the New Zealand economy.
The total export price index rose 3.2 percent and the import price index rose 0.1 percent in the December 2024 quarter, compared with the September 2024 quarter.
Export prices for meat products, which are New Zealand’s second largest export commodity by value, rose 6.8 percent in the December quarter. Lamb prices rose 7.0 percent, while beef and veal prices rose 6.1 percent.
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