“That’s to be expected - indeed it would be staggering if it didn’t happen, in light of the substantial rise in interest rates over the last two years,” Gordon said. In wholesale interest rates, the two-year swap rate eased to 5.37 per cent from 5.39. “Demand is being weighted down by rising interest rates. We may see the unemployment rate rising to 5-5.5 per cent in 2024.”But as the labour market loosened, its inflationary impulse would soften. “But it’s only one data point, and a backwards-looking one – business survey, inflation and labour market data over the coming quarters will be key things to watch.”Liam Dann is Business Editor at Large for the New Zealand Herald.

However, AI uses personal information at new levels of power and speed, which comes with unique privacy issues. These include:Consent – AI tools collect and process mass amounts of data, including personal information, often without consent or awareness. Further, AI systems can be tricked or deceived by being fed malicious or misleading data, undermining the accuracy or reliability of AI systems. AI using personal information is primarily regulated through the Privacy Act 2020 (Privacy Act) in New Zealand. Ethical and cultural considerations – implement a framework for assessing the ethical and cultural implications of your use of AI systems.

Written By: notices and features - Date published: 6:05 am, June 15th, 2023 - 17 commentsCategories: climate change, uncategorized - Tags: greenpeace, Rosemary PenwardenPress release from Greenpeace Aotearoa 14/6/23Grandmother and climate activist Rosemary Penwarden was today found guilty of two charges brought against her for sending a satirical letter notifying oil industry conference speakers that the 2019 PEPANZ Petroleum Conference had been postponed until further notice due to the climate crisis. Penwarden says she is disappointed but undeterred from her climate activism. She claims that the charges were orchestrated by the oil industry in what she labelled as a cynical legal strategy designed to suppress climate activism. “The oil industry should know, though, that we have Rosemary’s back and that their heavy-handed bully tactics will only result in more people standing against their climate-wrecking industry. Using a reverse sting operation, Greenpeace caught the oil industry spies red-handed, and it later came to light that school children involved in School Strikes for Climate had also been targeted.

The economy in the first quarter entered a recession, falling 0.1 per cent, in line with market expectations. Data from Stats NZ this morning showed how the economy performed in the first three months of 2023. And revised data showed GDP contracted by 0.7 per cent in the final quarter of 2022, worse than the 0.6 per cent recorded earlier. In the minutes following the release, the New Zealand dollar fell to US61.96c from US62.13c. NZ Herald Business Editor at Large, Liam Dann, joined Kerre Woodham to discuss the development.

There are power outages across north Auckland areas, concentrated in Warkworth. Widespread power and internet issues have been causing havoc in the Auckland region on Wednesday, closing businesses and schools on the coldest day of the year so far. READ MORE:* Auckland floods: Fewer than 100 power outages across region, down from 3000* Weather: Parts of Auckland still without power, a day after strong winds downed trees* Covid-19: Power outages for Auckland suburbs despite residents being in lockdown“It’s caused a huge disruption to businesses and schools on the coldest day of the year so far,” the local said. The Chorus outage map showed outages in most of the central-east Auckland suburbs, spreading out to Onehunga, and into Māngere. A Vector spokesperson said they were alerted to a power outage north of Auckland earlier today, due to fallen power lines.

The Independent Electoral Review out today has included a recommendation to ‘affect the Treaty of Waitangi andPrinciples’ and make it one of the Act’s ‘explicit objectives’. What ‘principles’ are they talking about exactly? Our Electoral Act is the foundation of unwavering equality for every New Zealander

The Gisborne Herald has joined a host of New Zealand publishers in reaching agreements to join Google News Showcase, a programme paying publishers to curate content and build deeper relationships with readers. Other national, regional and local titles joining Google News Showcase this month include Stuff, Allied Press, The Spinoff, Ashburton Guardian, Mahurangi Matters and Hibiscus Matters, The Wairarapa Times-Age and the Wanaka App. Google NZ country director Caroline Rainsford said these agreements showed Google’s commitment to New Zealand’s news industry. Stuff chief executive Sinead Boucher said the agreement acknowledged the value Stuff’s trustworthy journalism provided to Kiwis all over the motu. “We’re pleased to reach terms with Google to ensure our content reaches News Showcase readers,” said Boucher.

nzherald.co.nz published this video item, entitled “Young mothers seek the light at Masterton teen parenting unit, Puawānanga | nzherald.co.nz” – below is their description. Set on the grounds of Mākoura College in Masterton is the teen parent unit where mums aged 14 to 20 can continue their studies, while their children are looked after. Full story: https://bit.ly/lf1600 Public Interest Journalism funded through NZ On Air. Subscribe and be notified of breaking news: https://goo.gl/LP45jX Check out our playlists: https://goo.gl/Swd249 Like NZ Herald on Facebook: https://goo.gl/tUC4oq Follow NZ Herald on Instagram: https://goo.gl/oLicXe Follow NZ Herald on Twitter: https://goo.gl/Wi6mbv nzherald.co.nz YouTube ChannelGot a comment? Please note comments are moderated before publication.

1News published this video item, entitled “Qantas launches direct New York flights to rival Air NZ” – below is their description. It marks the first time Qantas has flown from Auckland to an international destination outside of Australia in over 20 years. 1News YouTube ChannelGot a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

The International Money Fund is warning the Government to rein in spending. S&P Global Ratings is also saying the country's near-record trade deficit remains a “key credit risk” for New Zealand. NZ Herald Wellington business editor Jenee Tibshraeny says the Government did a lot to stimulate the economy during Covid-19, creating more demand for imports. "What we saw was demand for imports shot up- we all did lots of online shopping. Tourism, export education, that all dropped off."

Written By: notices and features - Date published: 5:30 pm, June 14th, 2023 - 14 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: TwitterFacebook

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Independent creative agency Special has appointed David Day as Chief Creative Officer. Day joins Jennifer Black, CEO and Emily Harlock, CSO to form the leadership team for the London agency. In his time at CPB London, Day has grown the creative agency winning multiple accounts including The Glenlivet, Tinder, Asics and most recently Marie Curie. Last month, Special New Zealand was named ‘Global Creative Agency of the Year’ by Campaign for the second time in as many years. Day will lead the London office of Special alongside Black and Harlock, bringing his start-up experience, creative leadership and pitch-winning talent to grow the agency and drive its creative and design output.

Johns Hopkins Sparks Backlash by Defining Lesbians As ‘Non-Man’Outrage has been expressed online at Johns Hopkins University over its non-binary-inclusive definition of “lesbian” in its glossary of LGBTQ+ terms. The new woke word conclave just erased lesbians. TDB Recommends NewzEngine.comHas it occurred to anyone that lesbians liked being women and not non-men? Remember, if you have ANY issue with Lesbians being erased, the Disinformation Project will come after you! Drag zoom panels???

CCTV captured the moment thieves took off with war cannon away from Ōkahu Bay. Photo: PoliceNew images show the moment thieves took off with a 205-year-old decommissioned war cannon on the back of a truck in the middle of the night. At around 3.15am on June 1, thieves used a crane to lift the weapon onto the back of a blue flatbed truck. At the time it was in storage at the Ōrākei Marina near Ōkahu Bay in Auckland and was just hours away from its relocation to a secure storage site, as reported by Stuff. The Crimean War cannon, which has been in Auckland for 163 years and situated at Ōkahu Bay for 71 years, was gifted to New Zealand in the mid-1800s.