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BlinkPay Unveils Instant Payments for NZ
BlinkPay Unveils Instant Payments for NZ

20 August 2025, 10:23 PM

New Zealand could soon see money moving within seconds, after BlinkPay announced it has developed the country’s first open banking-enabled real-time payments technology.The system, now ready for rollout, allows payments to settle instantly rather than waiting half-hourly or overnight. BNZ has become the first major bank to back the capability, with BlinkPay calling for other banks to join.BlinkPay CEO Adrian Smith says the change could transform everyday life for New Zealanders. From tradespeople receiving payment as soon as a job is done, to emergency funds reaching families instantly, the benefits are wide-reaching. Businesses could also improve cash flow through immediate invoice payments.The current system, which processes in batches, has long been reliable but causes delays in time-sensitive situations. Real-time payments would remove this lag, allowing faster insurance payouts, rental bond transfers, and even property settlements.BNZ CEO Dan Huggins says the initiative will give people more choice and certainty.“It works alongside the existing payment system, expanding options rather than replacing them,” he says.For Coasties, instant payments could mean quicker wages for contractors, faster refunds when plans change, and more secure ways to pay or receive money directly through their bank.BlinkPay says the system doesn’t require a new app, just broad adoption across banks. With industry-wide participation, New Zealand could soon join other countries already running on real-time payments.Seen something local we should cover?Let us know at [email protected]

ANZ Report Warns of KiwiSaver Gaps
ANZ Report Warns of KiwiSaver Gaps

20 August 2025, 12:32 AM

ANZ’s latest KiwiSaver Insights Report, Turning the Tide, has called for urgent bipartisan action to strengthen New Zealand’s retirement savings system.The report highlights encouraging engagement from younger generations, with 27% of 16–17-year-olds contributing in June–July despite not receiving government or employer matches. A 15-year-old starting full-time work at 21 could save $1.16 million by age 65, or $689,000 if they buy a home at 35.Generational contribution trends show Gen Z at 53%, Millennials around 60%, Gen X at 68–72%, and Baby Boomers at 60%, with one third of pre-1946 members still contributing. Regional disparities persist, with South Island regions exceeding 70% engagement compared to just over 60% in Auckland and Northland.The gender gap remains significant. Men’s average balance is $38,206 compared to $32,133 for women, a difference that widens to $17,000 by age 64. Younger members are more likely to select growth-oriented funds, with 64% of Gen Alpha choosing Growth compared to 41% of Gen Z and 35% of Millennials.Fiona Mackenzie, Managing Director of ANZ Investments, said New Zealand is at a pivotal moment. She urged a review of KiwiSaver settings, including gradually increasing default contribution rates, adjusting the retirement age, supporting disadvantaged savers, and expanding financial literacy.For Hibiscus Coast families, the findings are a timely reminder of how important it is to start saving early. With many locals balancing KiwiSaver as both a pathway to first-home ownership and long-term retirement planning, policy changes will directly affect the way Coast households prepare for the future.Seen something local we should cover?Let us know at [email protected]

Cheese Recall Over Listeria Risk
Cheese Recall Over Listeria Risk

19 August 2025, 9:02 PM

New Zealand Food Safety is backing a recall of several imported French cheeses after the possible presence of Listeria monocytogenes was detected.The recall, led by importer Goodfood Group Limited, affects Food Snob and Mon Ami brand Brie and Camembert products sold nationwide.Products included are:Food Snob Classic French Brie 125g and 200gFood Snob Classic French Camembert 125g and 200gMon Ami Double Cream French Brie Petit 125gMon Ami Mild & Creamy French Camembert Petit 125gThe products were made in France and sold through supermarkets and retail outlets nationwide, including on the Hibiscus Coast.They have not been re-exported.“The concern with this product is that it may contain Listeria, a foodborne bacterium that can make you sick,” says New Zealand Food Safety deputy director-general Vincent Arbuckle.“Listeriosis infection can be serious among vulnerable groups, such as pregnant people and their unborn babies, newborns, the elderly, and those with weakened immune systems. It is particularly dangerous during pregnancy because it can cause miscarriage, premature labour or stillbirth, and infection in the new-born baby.”The advice is not to eat these cheeses.They can be returned to the place of purchase for a refund, or thrown out.Healthy adults are less at risk, but for vulnerable groups symptoms can take two to three weeks to appear.Anyone concerned after eating these products should contact their health professional or call Healthline on 0800 611 116.Know something local worth sharing?Send it to [email protected] — we’ll help spread the word.

Thinking about solar?
Thinking about solar?

19 August 2025, 8:16 PM

If you're wondering solar power is a good option for your house, there are a few questions to work through, the Energy Efficiency and Conservation Authority (EECA) says.It has produced a new checklist that offers guidance.EECA lead adviser Gareth Gretton said any decision should start with a basic assessment of the house's roof."Is your roof suitable for solar? The number one other thing, I think, is really the condition of your roof."You really wouldn't want to put a new solar panel on to an old roof that needed replacement or a significant amount of maintenance within a 10-to-15-year period."Ideally, you're really putting it on a pretty new roof that's not going to need any attention for the entire life of the solar system, which would be about 30 years."You should expect these solar panels to be up on your roof for really quite a long time and not require any maintenance other than a bit of cleaning."The system should also be sized to match a household's energy use, he said. New Zealand households typically have anything from eight or nine solar panels through to about 20, but heavy users can have more if roof space and house orientation permits.A system with 10 panels might cost about $12,000."The question there is really, how much energy you use and when you use it and that will influence whether you should go for a slightly bigger or a slightly smaller system."Gretton said people would also need to check their electricity meter could handle exporting power. Most systems export power that is not used back to the grid. Power companies pay for that power, although they currently pay less than a household would pay for power it consumers."That's kind of a chance thing at the moment, whether the meter that you currently have is going to be suitable," Gretton said."If it's not suitable, then that's something that you want to get sorted before you go and install a solar system that then can't actually be connected."He said households should also look at whether their hot water system was controlled.It would be important to check that quotes they received were offering the same thing, he said.Some houses have multiple-phase power that can be dealt with in different ways."The easiest thing really is if you just have single phase, because then you install a single phase inverter and that inverter will be able to put the power directly into your household circuits and you'll be able to use as much as you can. But if you've got three phases, then it's kind of a question of do you still have a single phase inverter and one phase gets loaded up more or do you go for a three-phase inverter that can put it onto different phases and does that three phase inverter have the capacity to do different things on different phases? So it's it's getting really into details, but you know these are the kind of things that make a bit of difference and good installers will be able to guide homeowners through these kind of decisions."Dr Gareth Gretton, Energy Efficiency and Conservation Authority Photo: SUPPLIED/EECAPeople should also check the inverter in a system would be able to work with demand flexible systems."We think the future is going to be increasing flexibility, which basically means that we get to use the grid to its best advantage. Having smart inverters is a big part of that. It's essentially ensuring that we get more and more devices on the grid that are capable of behaving in a smart way."To maximise the return, people could consider including a battery in their systems so they could store and use more of their own solar power, especially in the evening, EECA said.It said households could improve the return they received from a solar energy system with smart energy use, such as installing timers on hot water systems, and using apps and home energy management systems. Generally, the best return on investment is when power can be used as it is generated.Gretton said for most households right now, batteries would not improve their return on investment but that was expected to change over time.Other things to think about were whether a house was in a wind zone, whether the roof would need scaffolding to have panels installed and whether there could be corrosion if a house was next to the sea.Gretton said panels were usually suitable up to very high or extra high wind zones."But there are wind zones even above that where you basically have to consult an engineer. So it's just making sure that your installer has actually looked at what wind zone you're in and has therefore taken that into account when designing the system."Meanwhile, Westpac released a report on Tuesday looking at the future for solar power.It noted that New Zealand had adopted solar later than its peers."In part that reflects the historical dominance of other renewable energy sources in electricity generation in New Zealand. The opposite is true in the EU, US and Australia, where fossil fuels (and nuclear) have historically dominated."In many of these countries, solar adoption has been supported by generous government subsidies and support measures that have allowed local manufacturers to gain scale. That was not a consideration in New Zealand."The report noted that power demand in New Zealand tended to peak in the morning and evening, when solar was not available."Contrast that to Australia, which also has a mid-day peak during summer, when solar is most prevalent."But New Zealanders were now getting into solar quickly, it noted. Data indicated that solar accounted for 1.3 percent of electricity in 2023 but that had probably risen to more than 2 percent in the first quarter of this year."The accelerated uptake of solar in New Zealand more recently reflects falling costs and the increased viability of installing it, despite a comparatively low average solar irradiance or surface power density …Growth of adoption in New Zealand reflects declining costs, rapid advances in solar technology, and our ongoing efforts to reduce carbon emissions."The report said solar would be critical if the electricity system was to cater for more demand as transportation and heating electrifies and new industries, such as hyperscale data centres expand."The cost of residential installations continues to fall, but at around $12k for a 5KW system, it's still expensive for most households. However, electricity prices have risen by an average 23 percent since 2019 with the average New Zealand household now paying $2400 per year. That means that the payback for solar has now fallen to between five to seven years."According to Rewiring Aotearoa, borrowing against a mortgage to install solar means the average household will pay 13c/kWh. That falls to 7c without a mortgage. By comparison, the wholesale price of electricity is about 17c/kWh."Falling upfront installation and declining battery costs should make solar more attractive to households. How much though depends on whether wholesale electricity prices rise or fall."Other factors include buy-back rates for surplus electricity sold back into the grid. These currently range from 8c per kWh to 17c depending on the electricity retailer, but should rise with the introduction of new rules by the Electricity Authority. "

Why has trust in news fallen?
Why has trust in news fallen?

19 August 2025, 12:39 AM

We live in an age of declining trust in public institutions: parliament, the health and education systems, courts and police have all suffered over the past decade, both in New Zealand and internationally.And, of course, trust in the news has declined precipitously, according to regular surveys, including our own research.So, it might be tempting to roll declining trust in news media into this wider decline of trust in public institutions in general.But this is where our research disagrees.News isn’t just another institution like the state, a corporation or a non-profit organisation.Ideally, it’s the democratic expression of the public interest in these things.An institutional approach may help us explore the structural issues democracies face (for example, critiquing the nature of media ownership).But it also generalises, and risks obscuring the specifics of the trust problem public interest journalism faces.Nor does it recognise the distinctiveness of the “social contract of the press” – the necessary bond of trust between journalism and its audiences, which is key to the success of the wider social contract between the public and its institutions.News is out of syncOur research shows trust in news has plummeted from 58% of New Zealanders agreeing they can trust “most of the news most of the time” in 2020, to just 32% in 2025.Survey respondents tell us they perceive the news to be politically biased (both left and right), and because too much seems to be opinion masquerading as news.These seemed very different from the trust issues faced by government, business and non-governmental organisations (NGOs).Declining trust in those institutions has been driven more by wars, financial crises, the rise of populism and the COVID pandemic.To differentiate journalism’s trust issues, we explored whether falling trust in news was (or wasn’t) linked to declines in trust in other social institutions.We looked at research from the Reuters Institute for the Study of Journalism and the global Edelman Trust Barometer, as well as our own research.We found the trajectories of trust levels for other social institutions – governments, business, NGOs – showed clear links to each other as they rose and fell, more or less in sync, over time.Trust in news, however, has been in its own lane, perhaps influenced by the others, but clearly not tethered to them.A fall in trust in government and politics, in other words, is not a predictor of a fall in trust in news.Global levels of trustGlobally, we found trust in government, business and NGOs fell and then rose, roughly together, from 2020 to 2024.While not tracking each other exactly, there’s a clear grouping of data points.From 2020, trust in all of them (including media in general – television, internet, radio and movies) fell rapidly and levelled out in 2021 before rising again slightly by 2024.Trust in news itself, however, behaved in almost exactly opposite ways, rising from 2020 to 2021 before falling again and levelling out in 2023.Given its impact, the global pandemic is likely a cause for these changes in 2020.However, as trust in government fell, news media – to which the public has historically turned in a crisis – actually rose.Trust levels in New ZealandIn New Zealand, things were very different.While it fell globally, trust in institutions in New Zealand rose from 2020, before falling in 2022.Trust in news, however, was not rising in the early days of the pandemic as it was elsewhere.It was falling. And it continued to fall steadily until 2023. (In 2024, it would fall even more dramatically, but that data was not captured by this study.)Both sets of data – global and local – show trust in news doing largely the opposite of what trust in government and other institutions has been doing, rising when they were falling and vice versa.When journalism does its job well and exposes failings in government, we would indeed expect one to rise and the other to fall.So, we can see there may well be links between changes in levels of trust.But we can also see trust levels are not responding in unison to external sociopolitical pressures.In focus groups, we explored if there were connections between trust in news and trust in government.Older New Zealanders who didn’t trust the news told us there were institutions they mistrusted: banks, insurance companies and universities, some to very high levels, and mostly born from personal experience.But they did not particularly mistrust government as an institution.And we found no direct link between their mistrust of news and their mistrust of other social institutions.Which supports the evidence we found in the global and local trust data trends.It seems the trust problems democracies have with their news services need to be addressed on their own terms, not as part of an overall picture.Authors:Greg Treadwell Senior Lecturer in Journalism, Auckland University of Technology and Merja Myllylahti Senior Lecturer, Co-Director Research Centre for Journalism, Media & Democracy, Auckland University of Technology.

Housing Sales Up Despite Fewer Listings
Housing Sales Up Despite Fewer Listings

18 August 2025, 10:26 PM

Sales activity lifted across New Zealand in July 2025, according to new figures from the Real Estate Institute (REINZ), even as fewer homes came onto the market. Listings were down 4.2% compared to last July, while sales rose 4% nationwide, suggesting buyers remain active despite tighter supply.REINZ Chief Executive Lizzy Ryley said the seasonal pattern is clear. “We’re seeing the usual winter slowdown in listings, but buyers are still out there. The lift in sales compared to last July suggests there’s solid interest despite fewer new homes coming to market.”The national median price nudged up 1.8% year-on-year to $767,250. Auckland recorded a 2.6% rise to $975,000. Excluding Auckland, the median price increased 3.9% to $695,000. Eleven regions saw annual price gains, with Nelson and Otago showing the sharpest growth.For Coasties, the numbers reflect what many are noticing in local open homes – fewer new properties listed, but steady demand. While some vendors are holding off until spring, salespeople say most are realistic and prepared to meet the market now.Across the country, the number of days to sell eased slightly to 48, while auctions made up 13.5% of sales. Inventory dipped by 0.4%, leaving just over 30,000 properties for sale.Ryley noted that while buyers remain active, they are not rushing. “With steady days to sell, it’s clear people feel they have time to weigh up their options.”Seen something local we should cover?Let us know at [email protected]

Government Unveils Building Consent Overhaul
Government Unveils Building Consent Overhaul

18 August 2025, 9:03 PM

The Government is planning the biggest shake-up of the building consent system since 2004, aiming to cut delays and lower costs for builders and homeowners.Building and Construction Minister Chris Penk says the changes are needed because consenting red tape is slowing projects and driving up costs.He noted that a typical standalone house in New Zealand is now 50 percent more expensive to build than in Australia.The first change will scrap the current “joint and several liability” model, which often leaves councils paying the full bill when building defects arise. Instead, a new “proportionate liability” system will make each party responsible only for their share of the work. Options such as mandatory home warranties and professional indemnity insurance are being explored to protect building owners.The second reform will allow councils to consolidate their Building Consent Authority functions. With 66 authorities nationwide, builders currently face inconsistent interpretations of the Building Code. Consolidation is expected to bring consistency, reduce paperwork, and save ratepayers money.For the Hibiscus Coast, where housing demand and infrastructure growth are pressing issues, the reforms could make it easier to get projects moving and reduce the risk of costly delays.A Bill to amend the Building Act is expected to be introduced to Parliament in early 2026.Know something local worth sharing?Send it to [email protected] — we’ll help spread the word.

Auckland Council to go ahead with plans to cut Takapuna Golf Course
Auckland Council to go ahead with plans to cut Takapuna Golf Course

17 August 2025, 9:23 PM

Auckland Council says it will go ahead with a plan that will cut Takapuna Golf Course to nine-holes, despite pleas from the community to preserve the course.Council met with the representatives from the course on Friday, and assessed its alternative solution to drain floodwater in to the nearby Shoal Bay.The plan was recently endorsed by pro-golfer Dame Lydia Ko.Council said it had decided to progress with its previous plan to turn half of the course into flood storage and understood this was challenging for the golfing community - especially those in Takapuna.It had confirmed its plan to proceed with converting half of the 18-hole course into flood storage in July, rejecting the community's proposal to maintain the entire course and saying it was "unfeasible".Director resilience and infrastructure Barry Potter said communities had made it clear that work could not be delayed further."We have assessed the alternative option of a diversion to Shoal Bay, engaged independent consultants to peer review our findings, and spoken with our iwi partners and agencies including NZTA Waka Kotahi," he said."On the basis of these considerations, the council is progressing with the wetland and dry detention option it has previously signalled."Its decision was about saving lives, protecting homes and businesses, and strengthening the city against flood risk, Potter said."With this in mind, there will be no further consideration given to alternative options. The concept phase is now complete, and our work continues to progress to the preliminary and detailed design phase."Potter said the Auckland Anniversary floods in January 2023 had a devastating impact on Auckland, and many of those badly hit were still dealing with the fallout."Wairau was one of the hardest hit areas and tragically saw the loss of lives. This project, co-funded with central government, is about preventing a tragic situation like this from happening again."

Local Small Businesses Tap Into Support
Local Small Businesses Tap Into Support

17 August 2025, 7:55 PM

Nearly 4,500 small businesses across New Zealand connected with the Regional Business Partner (RBP) Network in 2024/25, the highest engagement outside the COVID-19 period.That’s a 7% rise on last year and 13% more than in 2022/23.The RBP Network, delivered with business chambers, economic development agencies and Poutama Trust, offers tailored advice to help small businesses grow.Alongside Business Mentors New Zealand (BMNZ), it’s been a lifeline for many, including some on the Hibiscus Coast, where owners are keen to build resilience and adapt to change.Director Business & Consumer Diana Loughnan says businesses value the practical support.“Customer satisfaction is high, and many businesses are sharing their positive experiences with others,” she says.A major focus this year has been preparing mentors and advisors to guide businesses through AI adoption.Funded by the Ministry of Business, Innovation and Employment (MBIE), the training helps identify where AI can add value and provides step-by-step guidance without the need for big budgets or tech teams.MBIE has also increased BMNZ funding by $350k a year for the next two years, enabling support for an extra 750 businesses annually.For local business owners, it means more opportunities to access expert advice, whether it’s planning for growth, getting through challenges, or exploring new technology to stay competitive.Seen something local we should cover?Let us know at [email protected]

Gas Shortages Threaten NZ Industries
Gas Shortages Threaten NZ Industries

16 August 2025, 11:17 PM

A fresh survey of New Zealand’s largest gas users has painted a grim picture for the months ahead, with warnings of soaring costs, shrinking supply and potential shutdowns.The Industrial and Consumers Gas Survey, released on Tuesday, shows some businesses can’t secure contracts beyond September, and those who can are facing price hikes of 20–40% or more. EMA Head of Advocacy Alan McDonald says the situation is already leading to reduced production and job losses.The problem is particularly severe for manufacturers reliant on gas-powered equipment, such as greenhouse vegetable growers, milk powder producers and baby formula manufacturers. Transitioning to other energy sources would require huge investment, with costs and geography making alternatives like electricity or geothermal out of reach for many.McDonald says importing more coal or diesel is an ironic consequence of pushing too quickly toward renewables without keeping gas as a transition fuel. “Elsewhere in the world, gas is recognised as the viable bridge while renewables scale up,” he says.The forum also highlighted that many businesses see the government’s $200m exploration co-investment fund as too little, too late, given years of policy uncertainty. Without a reliable supply, McDonald warns of further factory closures and “de-industrialisation” of the economy.For NZ industries, particularly food producers and manufacturers, the findings could signal higher operating costs, tighter margins and potential job impacts in the near future.Seen something local we should cover?Let us know at [email protected]

Electricity Authority launches probe of energy pricing
Electricity Authority launches probe of energy pricing

16 August 2025, 12:21 AM

The Electricity Authority is investigating concerns about energy pricing, contract availability and business conduct in the electricity and gas markets.The authority said the investigation followed concerns raised by the Northern Infrastructure Forum and other organisations."We take all concerns raised seriously, and any concerns related to consumer trust or market fairness demand attention," authority chair Anna Kominik said."We have started a review under section 16 of the Act focused on business consumers' access to electricity contracts, including commercial and industrial consumers."Section 16 enabled the authority to use formal information gathering powers to look more closely into pricing and other terms offered to business consumers.The authority said it was working closely with the Commerce Commission, which recently launched a new whistleblowing tool to make reporting easier.The authority said the scope and timeframe of the review would be refined as the investigation developed.Meanwhile, big electricity retailers will have to offer cheaper prices for off-peak power use prices, and fair prices to people who sell surplus power to the grid from roof top solar panels at peak times.The Electricity Authority announced last month it was changing sector rules to require retailers with more than five-percent market share to offer time of use prices from the middle of next year, after a report by a joint task force of the authority and the Commerce Commission.The changes were aimed to give consumers more choice in how and when they use power, and put downward pressure on prices.Also last month, a letter was sent to Prime Minister Christopher Luxon calling for an urgent reform of the sector as soaring power prices undermine confidence and productivity.It took aim at the four big power generation companies Genesis, Contact, Mercury and Meridian, also referred to as gentailers, because they compete at the retail level.It was signed by groups representing big and small energy users, small retail energy suppliers, and a cross-section of industry organisations representing a broad range of sectors.

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