Photo / Jesse WoodIt’s National Volunteer Week Te Wiki Tūao ā-Motu, and several Te Awamutu organisations have used this to highlight some of their work. Golfers donate to volunteer firefightersA company golf tournament for staff, clients and supporters of the Hamilton branch of Dimond Roofing held last month at Stewart Alexander Golf Club has benefited Te Awamutu Volunteer Fire Brigade. The $3480 donation will be used to support emergency incident response in the Te Awamutu community. Te Awamutu Volunteer Fire Brigade property manager Qualified Firefighter Deane Mark thanks Dimond Roofing Hamilton sales representative Wayne Smith for their support. Te Awamutu Citizens Advice BureauCitizens Advice Bureau (CAB) in Te Awamutu have highlighted the dedication of its volunteers who generously give their time to support the community’s wellbeing and enrich the lives of others.

June 20, 2024 05:39 UTC

But in December 2019, it suddenly started shining brighter than ever. Now, astronomers believe they are witnessing something never before seen: the awakening of a black hole in real time. AdvertisementThe researchers say black holes, upward of 100,000 times the size of the sun, exist at the center of most galaxies, including the Milky Way. But the black hole in this galaxy, located 300 million light-years away in the constellation Virgo, is unusual in that it is clearly visible. Galaxies do light up for other reasons, such as supernova explosions or tidal disruption events — when a star gets too close to a black hole and is torn apart.

June 20, 2024 04:53 UTC

Photo / APOverall, the Government and businesses have taken a relatively sleepy approach to the AI (artificial intelligence) boom. But an investment in one of the biggest artificial intelligence stars, chipmaker Nvidia, has paid off big-time for the New Zealand Superannuation Fund. By May this year, it had upped its stake slightly to 778,519, which became 7,785,190 after Nvidia’s 10:1 stock split earlier this month, an NZ Super Fund spokesman confirmed this morning. The latest jump means the $75.5b NZ Super Fund’s stake in the chipmaker is now worth US$1.06b or around $1.75b. But nevertheless, the NZ Super Fund has been notably more front-foot than our other major fund, run by ACC – which beyond its more conservative investing remit is headed by something of a tech boom sceptic.

June 20, 2024 03:36 UTC

And for households and business, in general, the downturn grinds on. How does this downturn compare to previous? BNZ chief economist Mike Jones says this downturn is different in a few ways. Economist Shamubeel Eaqub said the recession was showing up first in things like falling company profits and overdue tax. Jones said the downturn was also being felt through inflation and cost of living pressure, rather than aggressive job cuts at this stage.

June 20, 2024 03:14 UTC

Heightened imports of biofuel will be needed for any significant “greening” of New Zealand’s electricity supply, according to a new report. The report casts doubt on the viability of the previous government’s plans to make electricity 100% renewable by 2030. However, the WSP report suggests using biofuels for peak electricity use is easier said than done, for reasons of expense and practicality. The report also finds fault with biodiesel, saying using it to fire an electricity peaking plant would produce very expensive power. The report concludes that electricity peaking generators powered by imported biofuels are realistic, and says some infrastructure for gas importation already exists.

June 20, 2024 02:57 UTC





Here's our summary of key economic events overnight that affect New Zealand with news of some very large global tensions starting to boil hotter. Their monitoring of the benchmark 30 year mortgage rate showed it slipped below 7% last week, its lowest since late March. The Australian 10 year bond yield is up +3 bps at 4.23%. The China 10 year bond rate is down -1 bp at 2.26%. The NZ Government 10 year bond rate is now at 4.60% and down -6 bps from yesterday.

June 20, 2024 01:40 UTC

One Plus One welcomes two new staff membersIndependent communications agency One Plus One Communications has announced the appointment of two new team members. Liz Holt and Hannah Kronast have joined the business as Group Account Director and Senior Account Manager, respectively. Kronast joins the agency with a strong corporate communications background, most recently as Account Manager at communications and marketing agency Anthem. One Plus One Managing Director, Kelly Bennett, says he’s thrilled to introduce such exceptional talent and expertise to the team. Their blend of experience, fresh perspectives, and passion to deliver outstanding work make them both wonderful additions to One Plus One.

June 20, 2024 00:04 UTC

“I knew I needed to find stable work and get us out of there,’’ says Rob. The neighbouring business turned out to be local charity Koha Kai, who provide training and employment for the disability community. “He’s personable, he’s always smiling and singing and he’s just a great person to have around,’’ says Janice. Around the same time, Rob and his son were offered a new Kainga Ora home in Appleby, Invercargill. Having both a stable home and a regular income have been life-changing for Rob and Tamawhero.

June 19, 2024 23:17 UTC

Kelvin Davidson, chief economist at property research firm Corelogic, said average rent as a share of average household income had reached a record high of 22 percent. More than 25 percent of disposable income was going on rent for renting households, it calculated, ninth in the world. In Gisborne, rent share of income from an average job was near 45 percent. Rent growth might slow a bit further but rental affordability doesn't look like it's going to improve in the near term… renting is going to remain pretty expensive. It's not easy whether you're paying a mortgage or paying rent.

June 19, 2024 22:29 UTC

Other scams fabricated that Gayford performed a prank that “led to tragedy”, while more fake ads and stories claim to present an article about a “deleted” Gayford interview. Meta has been approving ads from scammers who are running fake news stories to act as a window for Bitcoin scam. At the time the Herald searched Meta’s ads library records on June 12, there were hundreds of scam ads that had been approved and were active, with the latest scam ads approved by Meta as recently as June 16. The ads approved are fake news stories that were generated by scammers. In 2022, Australia’s competition watchdog filed a lawsuit against Meta alleging the social media giant failed to prevent scammers using its platform to promote fake ads featuring well-known people.

June 19, 2024 21:41 UTC

Three left-wing councillors typically viewed as part of Wellington Mayor Tory Whanau's council majority have said she can no longer rely on their unconditional support; an apparently crumbling of her support. But NZ Herald Wellington Issues reporter Georgina Campbell thinks this could be the making of Whanau as a mayor, now that she has to reach across political alliances to other councillors to pass her initiatives. She joined Wellington Mornings host Nick Mills to talk through the issue and a rise in Covid cases in the Wellington region. LISTEN ABOVE

June 19, 2024 12:49 UTC

Written By: notices and features - Date published: 5:30 pm, June 19th, 2024 - 10 commentsCategories: Daily review - Tags:Daily review is also your post. This provides Standardistas the opportunity to review events of the day. The usual rules of good behaviour apply (see the Policy). Don’t forget to be kind to each other …Share this: FacebookLinkedInRedditPinterestMastodonTwitterPrintEmail

June 19, 2024 10:37 UTC

It is typical of the conditions we see in general practice…could be this, could be that The issues raised offhandedly by the departing patient wi

June 19, 2024 10:13 UTC

Residential rents remained largely flat in April, with the national median rent barely moving since late last year. According to the latest bond data from Tenancy Services, the national median rent was $600 a week in April and has been unchanged at that level since December last year, apart from January when it crept up to $608 a week before dropping back to $600 in February. However, compared to April last year the national median rent was up by $25 a week (4.4%). Around the country the change in median rent over the 12 months to April ranged from zero in Nelson to $90 a week (16.4%) in Gisborne, which now has the second highest median rent in the country after Auckland. A similar trend is evident with rents in Hawke's Bay - refer to the table below for the full regional figures.

June 19, 2024 09:39 UTC

Emergency services were called to reports of a "sudden death" in Rānui at about 7.50am on Tuesday. Photo: StuffThe mother of the baby is Auckland woman Ayla Stanley-Hunt. Stuff can reveal Stanley-Hunt lost a baby at four months in April 2022 while living at the same address. "The Coroner also noted that methamphetamine could not be excluded as a factor in Tiana's death, either as an independent physiological effect or by exacerbating Tiana's vulnerability to death from unsafe sleeping practices." When police arrived after Tiana's death they also found the bassinet full of other household items.

June 19, 2024 07:04 UTC