Breaking the 'rinse, rebuild, repeat' cycle

Chris Hipkins hit all the right notes in his statement to parliament. (source: Getty)

Wed, 22 Feb 2023

The political response to Cyclone Gabrielle this week has been vintage New Zealand: excellent crisis management accompanied by the announcement of a new job for Brian Roche.You had only to switch on your television, radio, or open up your social media apps to see people piling into fundraising campaigns, rushing to circulate public emergency messages and offering to ferry goods to disaster zones.Some emergency chiefs were so overwhelmed with the dedication of first responders they were telling reporters their staff refused to rest. At Hipk...

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Economy

ANZ increases cash profit as net interest margins get squeezed

ANZ New Zealand has reported a 4% increase in its half-yearly profit despite pressure squeezing its margins.The bank's cash profit increased to $1.15 billion in the six months to March, up from $1.1b in the same period last year, but stable compared to the second half of its...

Riley Kennedy 10:50am

Law & Regulation