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☆ Triathlon: Man, 53, dies during swimming leg of Noosa event in Australia
▼ + stars: | 2023-11-06 | by ( Manav Tanneeru | Ben Church | ) edition.cnn.com time to read: +1 min

CNN —A 53-year-old man died Sunday during the swimming leg of the Noosa Triathlon in Australia. Queensland Police said a man, from Victoria, Australia, was pulled from the water in the early morning and was found unresponsive. “Emergency services attempted to revive the man, but he was declared deceased at the scene,” a police spokesperson said. In a statement on Facebook, the Noosa Triathlon said it was “deeply saddened” to confirm the death of a race participant. In addition to the world class field of athletes, the triathlon also caters for non-competitive participants.

Persons: ”, “, Australia’s Ashleigh Gentle, New Zealand’s Hayden Wilde Organizations: CNN, Noosa Triathlon, Australia . Queensland Police, Police, Noosa, Facebook, New Locations: Australia, Victoria, Queensland, Noosa Heads

Here are the meanings of the 10 hardest words that have also been used in New York Times articles. Working with future Confederate Gen. Edward Porter Alexander, Myer developed the Army’s “wigwag” flag system. (June 24, 2019)10. atilt — askew:Think compression tops patterned à la one-shouldered tanks and sweatpants chopped up and wrapped into lappa-like long shorts. And the star of the Liberian flag strategically placed throughout, though slightly atilt, as though being blown sideways in a sprinter’s wake. — Clean Energy, Cherished Waters and a Sacred California Rock Caught in the Middle (Oct. 24, 2023)The list of the week’s easiest words:

Persons: callaloo, bok choy, Rose Nzada, Ned Rorem, wigwag —, Edward Porter Alexander, Myer, libidinal, efflorescence, John Turturro, venule, —, tailcoat, They’re, cloaca, atilt — askew, — Telfar Clemens, Waters Organizations: New York Times, Community, Confederate, Liberian, Clean Energy Locations: New, West, Cameroon, Bronx, Central, Northern, Southern California, Gaviota, California

☆ New Zealand Is Becoming a First Choice for Second Homes
▼ + stars: | 2023-11-03 | by ( Michael Croley | ) www.nytimes.com time to read: +1 min

When Jim Rohrstaff moved to New Zealand in 2014 to help Ric Kayne manage and start his private golf club, Tara Iti, he didn’t know what the future held. Te Arai sits on the same stretch of Pacific coastline as Tara Iti, on New Zealand’s North Island, and is home to two public golf courses. Mr. Rohrstaff and Mr. Kayne wanted to replicate the feeling of 17-mile drive there, about 60 miles north of Auckland. New Zealand has long been known for its impressive seaside courses, such as Kauri Cliffs and Cape Kidnappers. When it opened in 2015, Tara Iti helped further cement the island nation as a top golf destination.

Persons: Jim Rohrstaff, Ric Kayne, Tara Iti, Rohrstaff, Te Arai, Arai, Kayne, Mike Keiser, “, ” Organizations: Tara, Southern Hemisphere, Tara Iti, Golf Locations: New Zealand, Monterey Peninsula, Coast of California, Tara, New, Auckland . New Zealand, Bandon

☆ Olympic Hopefuls Needed a Home. A Retirement Community Stepped Up.
▼ + stars: | 2023-11-02 | by ( Scott Cacciola | More About Scott Cacciola | ) www.nytimes.com time to read: +2 min

“We’ll walk off the ice, and they’ll go, ‘Why did you play that shot?’” Mr. Sargon, 30, said. That became clear to Mr. Sargon a few weeks ago when he joined Mr. Hood at a curling tournament in Okotoks, about 25 miles south of Calgary. As soon as their match began, Mr. Sargon and Mr. And while it is hugely popular in Canada, curling does have some historical ties to New Zealand.

Persons: they’ll, Mr, Sargon, Hood, Mike McEwen, “, ”, Linda Smith, Mike McEwen could’ve Organizations: Mr, Miners Locations: Okotoks, Calgary, Canada, New Zealand, Scotland

☆ Siya Kolisi says South Africa’s title can unite country where ‘so much is going wrong’
▼ + stars: | 2023-10-30 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —Captain Siya Kolisi said on Saturday that South Africa’s second consecutive Rugby World Cup title has the potential to unite the country, after he led the team to an enthralling 12-11 victory over New Zealand in the final. “There is so much going wrong in our country, we are the last line of defence,” Kolisi told broadcaster ITV Sport. Not just on the rugby field but in life in general,” added Kolisi. Siya Kolisi has led South Africa to two consecutive World Cup titles. The win maintained the country’s perfect record in Rugby World Cup finals, securing a record fourth win to make the Springboks the most successful country in the competition’s history.

Persons: Siya Kolisi, ” Kolisi, “, ”, Kolisi –, Port Elizabeth –, Zealand’s Richie McCaw, Nelson, can’t, Kolisi, Hugo Pfeiffer, Cyril Ramaphosa, Boks ’, Deon Davids, Sam Cane, “ Siya Kolisi, Tshidiso Mnisi Organizations: CNN, Rugby, New Zealand, ITV Sport, IMF, Springboks, Kolisi Foundation, ” Rugby, Reuters Locations: France, Zwide, Port Elizabeth, South Africa, Africa

☆ New Zealand's Prime Minister-elect Luxon says coalition negotiations continue
▼ + stars: | 2023-10-24 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

Christopher Luxon, Leader of the National Party waves to supporters at his election party after winning the general election to become New Zealand’s next prime minister in Auckland, New Zealand, October 14, 2023. REUTERS/David Rowland/File Photo Acquire Licensing RightsWELLINGTON, Oct 25 (Reuters) - New Zealand’s Prime Minister-elect Christopher Luxon said on Wednesday that negotiations were ongoing with potential coalition partners ACT New Zealand and New Zealand First, as the country awaits final results of the general election. Luxon’s conservative National Party and preferred coalition partner ACT won a one-seat majority in the general election Oct. 14. However, this majority could be eroded after special votes are counted and final results are released Nov. 3. He said once special votes are counted, the parties will move quickly to form a government.

Persons: Christopher Luxon, David Rowland, ” Luxon, Lucy Craymer, Rod Nickel Organizations: National Party, New, REUTERS, Rights, Zealand’s, ACT New, New Zealand, ACT, Labour, Thomson Locations: Auckland , New Zealand, ACT New Zealand, New, Zealand

CHRISTCHURCH, New Zealand (AP) — An inquiry that began Tuesday into New Zealand’s worst mass-shooting will examine — among other issues — the response times of police and medics and whether any of the 51 people who were killed could have been saved. The inquiry represents the first time authorities will outline the details of how they responded to the March 2019 shooting. One of the issues under examination is whether an emergency door in the Al Noor mosque was functioning at the time of the shooting — and if not, why not. Farrant gave evidence that the shooting began at 1:40 p.m. at the Al Noor mosque, where 44 people were killed, and the first emergency calls began about a minute later. Ambulance staff entered the Al Noor mosque at 2:15 p.m., Farrant said, and began removing victims eight minutes later.

Persons: Brenton Tarrant, Brigitte Windley, ”, Craig Farrant, Farrant, Al Noor, Al Organizations: Associated Press, Linwood Islamic Center, . Ambulance Locations: CHRISTCHURCH, New Zealand, Christchurch, Al Noor, Linwood

☆ Inquiry into New Zealand's deadliest shooting to start on Tuesday
▼ + stars: | 2023-10-20 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

Farid Ahmed, survivor of the Christchurch shootings where her wife Husna was killed, is joined in prayer with his neighbours, during his visit to offer thanks for their support, in Christchurch, New Zealand, March 24, 2019. REUTERS/Edgar Su/File Photo Acquire Licensing RightsWELLINGTON, Oct 20 (Reuters) - A coroner's inquiry into the death of 51 Muslim worshippers in 2019 in New Zealand’s deadliest shooting will start on Tuesday, hoping to establish what happened after the attack started and make recommendations to prevent deaths in the future. Armed with high-capacity semi-automatic weapons, Australian Brenton Tarrant, 32, killed 51 people and injured dozens when he opened fire on Muslim worshippers on March 15, 2019, in Christchurch. Tarrant released a racist manifesto shortly before the attack and streamed the shootings live on Facebook. A Royal Commission of Inquiry in 2020 found that security agencies were almost exclusively focused on the perceived threat of Islamist terrorism before the massacre.

Persons: Farid Ahmed, Husna, Edgar Su, Brenton Tarrant, Tarrant, ” Tarrant, Lucy Craymer, Christian Schmollinger Organizations: REUTERS, Rights, Facebook, New, Coroners, Royal Commission of, Thomson Locations: Christchurch, Christchurch , New Zealand, New, New Zealand

Already given one career lifeline this season, Ricciardo missed the last five races with a broken left hand. But he returns this week to the U.S. Grand Prix, where the 34-year-old Australian has a history of having some cheeky fun. Long time no see," Ricciardo said to the group of his fellow drivers when he walked into Thursday's news conference. The hand feels good,” Ricciardo said, adding that the bone break that required surgery was worse than initially expected. Eventually there will have to be a serious side to the racing, which has not been so good for Ricciardo in recent years.

Persons: Daniel Ricciardo, Ricciardo, “, ” Ricciardo, I'm, ”, Red Bull, Lando Norris, AlphaTauri, Nyck De Vries, Liam Lawson, It’s, Lawson, Max Verstappen, Lewis Hamilton, George Russell, Ferrari's Charles Leclerc, “ Charles, ” Haas, Kevin Magnussen, Hamilton, let's, ” Hamilton, Williams, Logan Sargeant, Aston, Lance, Estebon Ocon, ” Sargeant Organizations: U.S, University of Texas Longhorns, Renault, McLaren, Austin, FIA, Qatar Grand Prix Locations: AUSTIN, Texas, Americas, Austin, Ricciardo, Hungary, Belgium, TEXAS, Qatar

☆ New Zealand PM-elect Luxon says Willis 'locked in' as finance minister
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

Christopher Luxon, Leader of the National Party waves to supporters at his election party after winning the general election to become New Zealand’s next prime minister in Auckland, New Zealand, October 14, 2023. REUTERS/David Rowland/File Photo Acquire Licensing RightsOct 17 (Reuters) - New Zealand's prime minister-elect, Christopher Luxon, said that Nicola Willis was "locked in" to become the country's next finance minister, at a Tuesday news conference as talks continued with likely coalition partners. Luxon's centre-right National Party and preferred coalition partner ACT New Zealand won a razor-thin electoral victory on Saturday, together securing 61 seats in 121-seat parliament. Willis, National's finance spokesperson, was widely expected to become minister of finance, according to media reports. "The only two people we've locked in is Prime Minister Chris Luxon and Finance Minister Nicola Willis," Luxon told reporters, without giving details on the rest of his cabinet.

Persons: Christopher Luxon, David Rowland, Nicola Willis, Luxon, Willis, Chris Luxon, Renju Jose, Aurora Ellis Organizations: National Party, New, REUTERS, ACT New Zealand, ACT, New Zealand, Labour, Thomson Locations: Auckland , New Zealand, New Zealand, Sydney

☆ Explainer: New Zealand voted for change, what happens now?
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +3 min

Christopher Luxon, Leader of the National Party arrives at his election party after winning the general election to become New Zealand’s next prime minister in Auckland, New Zealand, October 14, 2023. National won 50 seats and the right-wing, free-market ACT Party won 11, securing a majority of just one seat in the 121-seat parliament, according to provisional results from the Electoral Commission. If they do, National may need the support of populist New Zealand First and its leader Winston Peters to form a government. National's leader Christopher Luxon said he would wait for the final count to come in but was talking with both ACT and New Zealand First. Parliament has to meet with six weeks of the official election result but there is no date for when a government must be formed.

Persons: Christopher Luxon, David Rowland, Winston Peters, Luxon, Nicola Willis, Zealand First's Peters, Brooke van Velden, Lucy Craymer, Lincoln Organizations: National Party, New, REUTERS, Rights, Party, National, ACT Party, Electoral, ACT, New Zealand, WHO, Labour Party, APEC, BE, Zealand, Thomson Locations: Auckland , New Zealand, Zealand, Wellington

☆ Airline CEO-turned-politician Luxon to lead New Zealand to the right
▼ + stars: | 2023-10-15 | by ( Lucy Craymer | ) www.reuters.com time to read: +3 min

Christopher Luxon, Leader of the National Party arrives at his election party after winning the general election to become New Zealand’s next prime minister in Auckland, New Zealand, October 14, 2023. The former Air New Zealand chief executive, Luxon became leader of the centre-right National Party at the end of 2021, boosting its popularity until winning Saturday's general election. National won 50 seats and its preferred coalition partner, ACT New Zealand, won 11, securing a majority of one seat in the 121-seat parliament, according to provisional results from the Electoral Commission. I'm there to represent all New Zealanders," Luxon told Reuters earlier this year. A millionaire father of two with several homes across the country, Luxon is learning the Maori language and is a Taylor Swift fan, quoting her in televised debates and interviews.

Persons: Christopher Luxon, David Rowland, Luxon, Taylor Swift, Lucy Craymer, William Mallard Organizations: National Party, New, REUTERS, Rights, Labour, Air New Zealand, Party, National, ACT New Zealand, Electoral, Unilever, Air New, New Zealanders, All Blacks, national rugby team, Zealanders, Reuters, Thomson Locations: Auckland , New Zealand, New Zealand, Air New Zealand, Ukraine, Russia, New

☆ New Zealand Prime Minister-elect Luxon to get cracking on building coalition relationships
▼ + stars: | 2023-10-15 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

Christopher Luxon, Leader of the National Party waves to supporters at his election party after winning the general election to become New Zealand’s next prime minister in Auckland, New Zealand, October 14, 2023. REUTERS/David Rowland/File Photo Acquire Licensing RightsWELLINGTON, Oct 16 (Reuters) - New Zealand's prime minister-elect, Christopher Luxon, said on Monday while his party was waiting for special votes to be counted, they would also "get cracking" on building relationships with both ACT New Zealand and New Zealand First. Luxon's centre-right National Party and preferred coalition partner ACT won a razor-thin electoral victory on Saturday, together securing 61 seats in 121 seat parliament. Luxon told government-funded Radio New Zealand on Monday that National would be waiting for the special votes to be counted but were going to get started on building relationships and having conversations with both ACT and New Zealand First. He added he would ideally like to have a government formed before the APEC meeting in November but that this will depend on the special votes and how negotiations have progressed.

Persons: Christopher Luxon, David Rowland, Luxon, Lucy Craymer, Sandra Maler Organizations: National Party, New, REUTERS, Rights, ACT New, New Zealand, ACT, National, APEC, Labour, Thomson Locations: Auckland , New Zealand, ACT New Zealand, New, Luxon's, New Zealand, Wellington

Christopher Luxon, Leader of the National Party waves to supporters at his election party after winning the general election to become New Zealand’s next prime minister in Auckland, New Zealand, October 14, 2023. He said he had spoken with the leader of the conservative ACT New Zealand, David Seymour, twice on Saturday and believed the two parties would work constructively. National "will be coalescing with the ACT party and also with New Zealand First and we just don't know yet what dynamic that's going to bring." National's campaign manager Chris Bishop warned the party might lose at least one seat when the special votes are counted. If National and ACT lose a seat, they would need to reach an agreement with the populist New Zealand First.

Persons: Christopher Luxon, David Rowland, ” Luxon, David Seymour, Bryce Edwards, Edwards, Chris Bishop, Luxon, Winston Peters, Peters, Anthony Albanese, Lucy Craymer, Mark Potter, Chizu Nomiyama, William Mallard Organizations: National Party, New, REUTERS, Rights, ACT New Zealand, National, ACT, Electoral, Victoria University of Wellington, New Zealand, Labour, Thomson Locations: Auckland , New Zealand, Auckland, Australia

☆ Voting closes in New Zealand election, counting set to begin
▼ + stars: | 2023-10-14 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

[1/3] People head to the polls to vote in the general election in Auckland, New Zealand October 14, 2023. REUTERS/David Rowland Acquire Licensing RightsWELLINGTON, Oct 14 (Reuters) - Voting closed in New Zealand’s general election at 7:00 p.m. (0600 GMT) on Saturday and counting was set to start, with provisional results due later this evening. Polls predict that the nationalist New Zealand First Party will hold the balance of power. The party was Labour's coalition partner in 2017 but has said it will not work with Labour again. In the 2023 election a party or coalition needs 61 of Parliament's 120 seats to form a government.

Persons: David Rowland, Lucy Craymer, John Mair Organizations: REUTERS, Rights, ACT Party, New Zealand First Party, Labour, New, Thomson Locations: Auckland , New Zealand, New, New Zealand

☆ New Zealand PM Elect Luxon Expected to Start Coalition Negotiations
▼ + stars: | 2023-10-14 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

By Lucy CraymerWELLINGTON (Reuters) - New Zealand’s Prime Minister-elect Christopher Luxon and his centre-right National Party are expected to start negotiations with the ACT Party Sunday, after the two parties won a slim majority in the general election. The conservative National Party won 50 seats and the ACT Party won 11, securing a majority of just one seat in the 121 seat parliament, according to provisional results from the Electoral Commission. Chris Bishop, National Party Campaign Chairperson, said on TVNZ political show Q+A that Luxon had already spoken with ACT leader David Seymour and senior National members would meet this afternoon to discuss coalition negotiations. Bishop said he expected National would lose at least one seat once these votes were counted. Under New Zealand’s mixed member proportional system it is very uncommon for a single party to form government, although Jacinda Ardern’s Labour government did in 2020.

Persons: Lucy Craymer WELLINGTON, Christopher Luxon, Luxon, Chris Bishop, David Seymour, Bishop, Lucy Craymer, Mark Potter Organizations: Reuters, Zealand’s, National, ACT Party Sunday, National Party, ACT Party, Electoral, TVNZ, ACT, New Zealand, Labour Locations: New Zealand

☆ New Zealand election: Voters goes to the polls in a narrow race
▼ + stars: | 2023-10-13 | by ( Helen Regan | ) edition.cnn.com time to read: +7 min

New Zealand Prime Minister Chris Hipkins at Parliament on July 26, in Wellington, New Zealand. New Zealand National Party leader Christopher Luxon speaks during a National Party campaign rally on October 10 in Wellington, New Zealand. Before becoming prime minister, he was minister of education, minister of police, minister for the public service, and leader of the house. Hipkins’ main contender Luxon is a businessman and former CEO of Air New Zealand who became leader of the National Party in 2021. Voters get two votes on the ballot: one for a candidate in their local constituency and one for the party.

Persons: Jacinda Ardern, Christopher Luxon, Chris Hipkins, Winston Peters, Ardern, Hagen Hopkins, demagogues, Hipkins, Sophia Ha, ” Ha, “, ” Alex Wareham, ”, It’s, Wareham, Luxon Organizations: CNN, National Party, Labour Party, Radio NZ, NZ, Labour, Zealand, New Zealand National Party, Getty, Air New Locations: Zealand, New Zealand, Hipkins ., Wellington , New Zealand, Christchurch, Wellington, Auckland, Sydney, United States, United Kingdom, Covid, Air New Zealand, New

☆ New Zealand National Party's Luxon to lead new government
▼ + stars: | 2023-10-13 | by ( Lucy Craymer | ) www.reuters.com time to read: +3 min

[1/4] Christopher Luxon, Leader of the National Party waves to supporters at his election party after winning the general election to become New Zealand’s next prime minister in Auckland, New Zealand, October 14, 2023. REUTERS/David Rowland Acquire Licensing RightsWELLINGTON, Oct 14 (Reuters) - New Zealand's centre-right National Party led by Christopher Luxon will form a new government with its preferred coalition party ACT, as Prime Minister Chris Hipkins conceded his Labour Party could not form a government after Saturday's general election. The National Party, now in opposition, had 39% of the votes with 92% counted, while the ACT party had 9%. "On the numbers tonight National will be in the position to lead the next government," Luxon, a former executive who once ran Air New Zealand and entered politics just three years ago, told supporters in Auckland. The National-ACT majority is slim and the two parties may need support from the populist New Zealand First Party to form a government.

Persons: Christopher Luxon, David Rowland, Chris Hipkins, Ben Thomas, Jacinda Ardern, Hipkins, Maori's, Gareth Hughes, Nanaia Mahuta, Lucy Craymer, Edmund Klamann Organizations: National Party, New, REUTERS, Rights, ACT, Labour Party, Electoral, Air New, National, Zealanders, Labour, New Zealand First Party, Coalition, Green Party, New Zealand, Thomson Locations: Auckland , New Zealand, Air New Zealand, Auckland, New Zealand, New Zealanders

☆ New Zealand's economy poses challenge for election victor
▼ + stars: | 2023-10-11 | by ( Lucy Craymer | ) www.reuters.com time to read: +5 min

[1/2] Christopher Luxon, Leader of the National Party, speaks at the New Zealand National Party’s election campaign launch in Auckland, New Zealand, September 3, 2023. That will stiffen the challenge for the nation's two major parties, the centre-left Labour Party and the centre-right National Party, to deliver its agenda where rising prices and government debt have been hot-button election issues. At the same time government borrowing costs are increasing and the country’s ballooning current account deficit poses a risk to the country’s credit rating. Kelly Eckhold, chief economist at Westpac New Zealand said tough fiscal choices face an incoming government. ($1 = 1.6551 New Zealand dollars)Reporting by Lucy Craymer Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Christopher Luxon, David Rowland, won’t, Kelly Eckhold, ”, Lucy Craymer, Shri Navaratnam Organizations: National Party, New Zealand National, REUTERS, Rights, Labour Party, Bank, Bank of New, National, Statistics New Zealand, Reserve Bank of New, Labour, NZ, Westpac New Zealand, Zealand, Thomson Locations: Auckland , New Zealand, Bank of New Zealand, New Zealand, Zealanders, Reserve Bank of New Zealand

☆ New Zealand election winner will face defence spending decisions
▼ + stars: | 2023-10-11 | by ( Lucy Craymer | ) www.reuters.com time to read: +3 min

REUTERS/Romeo Ranoco/File Photo Acquire Licensing RightsWELLINGTON, Oct 11 (Reuters) - Whoever wins New Zealand’s election on Saturday is going to have to make some difficult decisions on investment and staffing for a defence force struggling with aging equipment and personnel shortages. The centre-right National Party led by Christopher Luxon is expected to emerge as the largest party in the Saturday vote with Prime Minister Chris Hipkin’s Labour Party coming second. Both Labour and the National Party have said they'd like to increase defence spending but have not promised to do so. Underspending on the military and the challenges it faces are well documented and it is becoming increasingly difficult to postpone costly decisions, defence analysts say. The Labour Party has campaigned on a policy of introducing an authority to set pay rates.

Persons: Te, Romeo Ranoco, Christopher Luxon, Chris Hipkin’s, “, ”, Anna Powles, Lucy Craymer, Robert Birsel Organizations: Royal New Zealand Navy, REUTERS, Rights, New Zealand Defence Force, National Party, Chris Hipkin’s Labour Party, Labour, National, ACT, Gross, Centre for Defence, Security, Massey University, New Zealand, Labour Party, Thomson Locations: Manila, Philippines, New Zealand, Pacific, South Pacific

☆ New Zealand Labour party support rises, NZ First remains kingmaker, polls show
▼ + stars: | 2023-10-10 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

Christopher Luxon, leader of the New Zealand National Party, holds a media conference after casting his vote in the general election in Auckland, New Zealand, October 2, 2023. In the Oct. 14 vote, the centre-right National Party, led by Christopher Luxon, is expected to emerge as the largest party with 34% of the vote, while Chris Hipkins' Labour Party is sitting on 30% of the vote, the Guardian Essential poll showed. A Newshub-Reid Research poll also released on Wednesday similarly found the populist party set to play kingmaker come election day. The poll also recorded a slight jump in support for Labour and a dip for the Nationals, who polled at 27.5% and 34.5%, respectively. Earlier polls gave the centre-right bloc of National and the ACT Party a larger proportion of the vote, although most recent polls put NZ First in position of kingmaker.

Persons: Christopher Luxon, David Rowland, Chris Hipkins, Te Pati, Reid, kingmaker, Luxon, Chris Bishop, Lucy Craymer, Sharon Singleton, Stephen Coates, Gerry Doyle Organizations: New Zealand National Party, REUTERS, Rights, New Zealand First Party, Labour Party, National Party, Guardian, National, ACT, Labour, Greens, Te, New Zealand, Reid Research, Nationals, New, ACT Party, NZ, Thomson Locations: Auckland , New Zealand, New Zealand

☆ New Zealand's Economy Poses Challenge for Election Victor
▼ + stars: | 2023-10-10 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +4 min

That will stiffen the challenge for the nation's two major parties, the centre-left Labour Party and the centre-right National Party, to deliver its agenda where rising prices and government debt have been hot-button election issues. “The Reserve Bank will need the government to do its bit if it is to cap the cash rate at the 5.5% it currently suggests,” analysts at Bank of New Zealand said in a note. DEBT, AND MORE DEBTThe biggest challenge for many New Zealanders is mortgage rates. At the same time government borrowing costs are increasing and the country’s ballooning current account deficit poses a risk to the country’s credit rating. Kelly Eckhold, chief economist at Westpac New Zealand said tough fiscal choices face an incoming government.

Persons: Lucy Craymer WELLINGTON, won’t, Kelly Eckhold, ”, Lucy Craymer, Shri Navaratnam Organizations: Reuters, Labour Party, National Party, Bank, Bank of New, National, Statistics New Zealand, Reserve Bank of New, Labour, NZ, Westpac New Zealand, Zealand Locations: Bank of New Zealand, New Zealand, Zealanders, Reserve Bank of New Zealand

☆ NZ central bank holds rates, signals higher hurdle to further hikes; kiwi tumbles
▼ + stars: | 2023-10-04 | by ( Lucy Craymer | ) www.reuters.com time to read: +3 min

View of an entrance to the Reserve Bank of New Zealand in Wellington, New Zealand November 10, 2022. “Interest rates are constraining economic activity and reducing inflationary pressure as required,” the central bank said in a statement. The past RBNZ rate hikes have sharply slowed New Zealand’s economy but recent data showed it was tracking above central bank expectations at 0.9% quarterly growth. The central bank releases a comprehensive update of economic indicators and the forecast official cash rate track when it publishes its quarterly Monetary Policy Statement (MPS), which is due on Nov. 29. “The Bank appears content to wait for restrictive policy settings to fully feed through to the real economy,” analysts at Capital Economics in a note.

Persons: Lucy Craymer, ”, Kelly Eckhold, “ Organizations: WELLINGTON, Reuters, Reserve Bank of New, REUTERS, Bank of New Zealand, New Zealand, Westpac NZ, U.S . Federal Reserve, Capital Economics Locations: Reserve Bank of New Zealand, Wellington , New Zealand, Global, New Zealand

☆ New Zealand farmers set for right-wing protest vote over climate change policies
▼ + stars: | 2023-09-27 | by ( Lucy Craymer | ) www.reuters.com time to read: +4 min

Warning that livelihoods are at stake, farmers are looking to conservative candidates who will unwind or delay these Labour policies. The two will travel the length of New Zealand over 10 days to encourage rural communities to vote for a change. Farmers in New Zealand have staged several protests in the past two years against growing regulations and agricultural emission schemes. New Zealand will also become the first country in the world to tax farmer for methane from animals from 2025. Wayne Langford, president of farmer lobby group Federated Farmers, said recent policies had been impractical, difficult to implement and caused significant frustrations.

Persons: Praveen Menon, Bryce McKenzie, Laurie Paterson, John Deere, ”, McKenzie, Chris Hipkins, James Shaw, Wayne Langford, it's, Langford, Lucy Craymer, Michael Perry Organizations: REUTERS, Rights, New Zealand Labour Party, Farmers, ACT, Taxpayers, Union, Curia, National, Labour, Green Party, Federated Farmers, New Zealand, Thomson Locations: Hawke's Bay , New Zealand, Southland, New Zealand, Rural, Zealanders, Netherlands, Zealand

☆ New Zealand banks to introduce new measures to prevent scams
▼ + stars: | 2023-09-15 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsWELLINGTON, Sept 15 (Reuters) - New Zealand banks on Friday said they would introduce new steps to counter scams targeted at its customers including establishing a national Anti-Scam centre, combining resources to combat money laundering and increasing public awareness. Roger Beaumont, chief executive of the New Zealand Banking Association, which represents all large banks based in New Zealand, said in a statement that the joint commitment by retail banks is expected to have a positive impact in tackling fraud and scams. In the second quarter of 2023 1,950 scams were reported with people losing NZ$4.2 million ($2.48 million), according to data from the New Zealand government’s Computer Emergency Response Team. Australia, where four of New Zealand’s largest retail banks are headquartered, is also introducing similar new measures. ($1 = 1.6915 New Zealand dollars)Reporting by Lucy Craymer Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Thomas White, Roger Beaumont, Beaumont, Lucy Craymer, Shri Navaratnam Organizations: REUTERS, Rights, New Zealand Banking Association, NZ, Zealand, Thomson Locations: New Zealand, Australia

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