Human trials about to take place on universal flu vaccine

Source: Radio New Zealand

File photo. CDC

If you get a regular flu vaccine, you may be well aware that it protects against the most prevalent strains. But because influenza viruses evolve rapidly, the flu vaccine is updated annually to provide protection against new strains.

A universal flu vaccine looks to change that, providing protection against all strains of the flu – past, present, and future.

It’s a step closer to becoming a reality, with the first human trials about to take place for Centivax’s universal vaccine Centiflu 01 in Australia.

US-based immunoengineer and founder of Centivax, Dr Jacob Glanville, who is leading the trials, told RNZ’s First Up Centiflu 01 was designed to solve the problem that flu vaccines have.

“This is a single vaccine that you don’t need to change, and it focuses the immune response on parts of flu viruses that never change. So, we are expecting the efficacy, the proportion of people who take the vaccine and then don’t get sick, to be much higher than current flu shots,” he said.

Dr Glanville said the vaccine’s animal trials showed the immune response was better than the commercial vaccines, which he said are 10-60 percent effective.

“Your immune system has basically a limited budget of antibodies and T-cells that it chooses to respond randomly, normally against a virus,” he said.

“We are just adjusting that budget to make it entirely focused on the best parts of the virus to focus on.”

Dr Glanville said that while a normal flu shot doesn’t work against future viruses, hence the need for annual shots, his company’s vaccine continued to provide protection from viruses 15 years later.

“You don’t know where flu is going to mutate, except you know it’s not going to mutate on these spots that haven’t changed in thousands of years,” he said.

“… That’s sort of the big transition here. It’s making flu shots into like a normal vaccine. One that you take, and then it provides anticipatory future protection for years to come.”

Phase one of trials in Australia is the first step in a broader programme that will enrol roughly 300 healthy volunteers in the Northern and Southern Hemispheres.

Phase two of the trials would commence next year, and phase three in 2028, Dr Glanville said.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/human-trials-about-to-take-place-on-universal-flu-vaccine/

Corey Peters sixth in Super-G at Winter Games

Source: Radio New Zealand

Corey Peters at the Milano Cortina 2026 Winter Paralympics. © Photosport 2026 Jeff Crowe / Photosport

New Zealand paralympian Corey Peters has finished sixth in the men’s Super-G sitting at the Paralympic Winter Games in Italy.

Competing in soft snow conditions, Peters produced a solid run to record 1:15.42, but ultimately the Beijing 2022 silver medallist finished short of a podium repeat.

The 42-year-old finished fifth in the downhill earlier in the programme.

Jeroen Kampschreur of the Netherlands bounced back from the disappointment of registering a DNF in the downhill to take gold in a time of 1:13.08.

Defending champion Jesper Pedersen of Norway, who claimed gold in the downhill two days earlier, took silver in 1:13.80, with Andrew Kurka of the USA clinching bronze a further 0.15 seconds adrift.

“It was a good run with minimal mistakes, but I just didn’t attack it like the podium guys did and I got a little wide on some turns where I could have tightened the line a bit more,” Peters said afterwards.

“The conditions again were really soft and I could feel through some of the turns that the ski was wanting to break away in that sugary, slushy snow.”

Peters, who is competing at his fourth Paralympic Winter Games, turns his attention to the Men’s Giant Slalom Sitting – his final event at Milano Cortina 2026 – which takes place on Friday 13 March.

“The downhill and Super-G are my favourite events but coming off a podium finish at my last World Cup in Veysonnaz, Switzerland before the Games, a medal is not off the cards. It’s just a matter of going out there, enjoying the moment and skiing as hard as I can.”

Peters claimed men’s giant slalom silver on his Paralympic Winter Games debut in Sochi 2014. He added downhill bronze at PyeongChang 2018 before winning downhill gold and super-G silver at Beijing 2022.

Adam Hall opens his games with the men’s giant slalom standing on Friday.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/corey-peters-sixth-in-super-g-at-winter-games/

The price of instant gratification

Source: Radio New Zealand

Buy Now Pay Later schemes including Afterpay are popular with consumers, with one million Kiwis using them. Screenshot

Financial watchdogs want the rules about Buy Now Pay Later schemes strengthened, saying the last tweak didn’t work.

It’s been described as both a lifeline, and a trap.

Buy Now Pay Later (BNPL) has been in New Zealand for about eight years. It’s still a relatively new product, but one million Kiwis use one of the four companies providing it.

However a new report from Consumer NZ and FinCap, with research done by Victoria University, has raised concerns about the damage BNPLs are doing to some borrowers.

The report says a regulatory tweak in the rules in 2024 did nothing to help prevent harm, and financial mentors report people are trying to break into their KiwiSaver schemes to pay their debt.

The report recommends tightening the rules further to get better protection for consumers.

Today on The Detail, we talk to Michael Saadat, the International Head of Policy at Block, Afterpay’s Australian parent company, who says it’s not necessary for the New Zealand government to bring in any additional regulation.

“We think the evidence and the data should really drive any consideration of whether new regulation is required, and the data clearly shows that additional regulation, when it exists for other credit products, hasn’t delivered better consumer outcomes.”

He says such extra regulation brings additional costs which ultimately have to be passed on to consumers, “but also, we don’t want a situation where for example it’s harder for Kiwis to get access to a product like Afterpay, and that means that they have to go and find alternatives which are much more expensive, much less safe … and we just don’t think that’s a great outcome.

“We think the current regulatory settings have struck the right balance.”

Saadat says the New Zealand regulations are a clear example of how you can balance consumer protections with the need to promote innovation and foster safer consumer products.

He says our credit data collection agency, Centrix, which Afterpay must provide reports to, says New Zealanders who use BNPL products are in a healthy position.

“Traditional credit products like personal loans, credit cards and mortgages actually remain the primary drivers of hardship for New Zealanders.”

Centrix data says that 97 percent of the New Zealand BNPL transactions over Black Friday and Cyber Monday were paid off before or on the dates payments were due.

“Which again tells you that consumers are using the product in the way it was meant to be used. They’re using it wisely, it’s helping them budget for their purchases, and they’re not getting into trouble.

“It really is becoming a really mainstream product that consumers are using to help manage their spending,” Saadat says.

Asked why the bad press and the call for more regulation, he says that “financial mentors are experiencing consumers at the coal face who are in financial difficulty”.

“They would see consumers who’ve gotten themselves into trouble with all sorts of different products that they might have taken up. That is something that informs their approach to these issues, but fundamentally when we’re thinking about what policy settings should be in place, we do need to look across all consumers and understand what the overall consumer experience is.”

The Consumer NZ/FinCap report has three recommendations for Buy Now Pay Later lending.

It wants affordability assessment requirements introduced; a rule that lenders can’t charge unreasonable late fees; and it wants other lending like phone handset deals and in-store payment schemes that have late fees included in credit law protections.

Report author Victoria Stace, a senior lecturer at Victoria University of Wellington whose research is in areas of consumer credit and financial protection, says because BNPL didn’t have an interest component, it was outside of credit rules until 2024, when it was brought within the CCCFA rules – although in a limited way.

“If it’s used well, and you pay off your instalments without defaulting, it can work out better [than credit cards] because it’s an interest-free arrangement,” she says.

However, financial mentors are saying that of the clients they’re seeing with money troubles, more people have BNPL debt as a proportion of their overall debt than before the 2024 regulatory fixes.

Stace also suspects that BNPL credit is being used to pay off other debt.

Check out how to listen to and follow The Detail here.

You can also stay up-to-date by liking us on Facebook or following us on Twitter.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/the-price-of-instant-gratification/

War on the wallet: Iran conflict a ‘worst of worlds’ scenario

Source: Radio New Zealand

Motorists drive past a plume of smoke rising from a reported Iranian strike in the industrial district of Doha, 1 March 2026. MAHMUD HAMS / AFP

A worst of worlds scenario for consumers is how one economist is describing the dual effects of the Middle East conflict on both inflation and economic growth.

The war and the resulting supply worries are pushing up global oil prices, with Brent Crude climbing above US$100 a barrel on Monday, to reach its highest level since 2022.

The ensuing price jumps at the petrol pump will not only affect people’s wallets directly, they are expected to flow right through the wider economy.

“Petrol prices are a key input to so many businesses, and so as their costs rise, that’s likely to push up costs on the other side as well,” BNZ head of research Stephen Toplis said.

“And that’s not even taking into consideration the increased cost of doing business, like insurance costs rising, and the fact that you may not be able to use freight routes that you previously used.”

The deflation flipside

Toplis said with the fuel price increases acting like a tax on people’s income, the less money they have to spend elsewhere, which tends to mute economic growth, creating a deflationary effect.

“The Reserve Bank’s got this awful challenge of trying to be very aware of the immediate inflationary challenges versus the deflationary challenges further on down the track,” he said.

“But given we’ve already got rising inflation expectations, given that prices will pick up, given that annual inflation might remain at 3 percent or more for a little while, then there’s certainly going to be, I think, in the immediate future, more pressure on the central bank to bring forward its rate hikes without getting too carried away about things.”

Based on current data, September is BNZ’s pick for a hike in the Official Cash Rate (OCR).

The conflict’s effects are frustrating for New Zealand, said Toplis, because it has been a long climb out of a dark economic hole for the country.

“The recovery was fragile and any shock of any description is highly unwelcome at the moment and certainly one of this size couldn’t have come at a worse possible time,” Topliss said.

Markets match the Mid East turmoil

After a muted greeting to the start of the conflict in which markets took a “wait and see” approach, the ongoing conflict saw Australasian markets crash on Monday.

The New Zealand share market had its worst session since April 2025, meanwhile Australian and Asian markets also plummeted.

The benchmark NZX50 dropped 3.1 percent or 421 points, with across the board falls in shares as investors worry about the potential economic fallout from higher oil prices.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/war-on-the-wallet-iran-conflict-a-worst-of-worlds-scenario/

Local government minister Simon Watts can’t guarantee rates cap won’t increase social housing rents

Source: Radio New Zealand

Local government minister Simon Watts. RNZ / Mark Papalii

The local government minister cannot guarantee a rates cap will not cause higher costs for tens of thousands of social housing tenants.

Simon Watts said the final rates cap policy was still being designed, but did not anticipate it would cause higher costs for those living in roughly 10,000 council-owned rental homes.

Advice from the Ministry of Housing and Urban Development (MHUD) to the Department of Internal Affairs said if rate rises were restricted and replaced with more user charges then the impact would likely be a rent increase for those living in council homes, which was predominantly pensioners.

It would also lead to increased levels of housing need, MHUD said.

Green MP Tamatha Paul said this “crucial advice” was omitted from the Cabinet paper Watts presented to his colleagues.

The advice also stated councils would likely shift to market rents for properties it owned, and rely on higher accommodation supplement payments for tenant assistance.

Yet, the impact of an increased Accommodation Supplement had not been costed by the government.

This would especially impact older New Zealanders, the advice read, advice that was not included in the Cabinet paper on the policy.

Watts told RNZ he was confident the concerns raised by officials, particularly around rents, were not going to be a concern.

“The rates capping final policy model has not been finalised yet.

“On that basis, the concerns that have been raised, in my view, are not predicated on what the final design of the policy will be.”

He said the government did not “anticipate” the rates cap would have an impact on council services like council-owned rental homes.

Asked if he could guarantee the cost increase would not occur, he would not. Instead he reiterated the government was not far from finalising the policy following a round of consultation.

He said it would be the appropriate time to comment once that was announced, and the advice could be compared to the final policy.

Paul said the minister did not have any evidence to back up his assurances, and was concerned 10,000 households in New Zealand would be hit with a “crisis in their weekly bills”.

“Unless he was going to put some specific carve out in the rates cap that councils could continue to collect rates for council housing subsidies, then I don’t understand how he’s supposed to stop that from happening.”

Green MP Tamatha Paul. VNP / Phil Smith

She was worried the minister did not consider council housing as part of local government’s core functions, and instead was a “nice to have”.

Paul said many people did not understand councils were some of the “biggest landlords” for pensioners and elderly people on fixed incomes who would not be able to “weather a dramatic rent increase”.

Watts told RNZ it was not the government’s intent to adversely impact any specific group, and wanted to make sure he was putting in place a policy that was going to provide benefit across the board.

“Where there are concerns that that may have an implication on one group over another, then we want to work through that and take that on board.”

The advice from MHUD was not included in Watts’ Cabinet paper on rates capping, because ministers got a lot of advice from officials “across the board, across a variety of areas”, he said.

‘Devastating for Dunedin’ – housing advocate

Leader for the Otago Housing Alliance, Aaron Hawkins, said the outcome of the minister’s policy decisions could be “devastating in Dunedin”.

“If councils had to charge market rents, it would simply be unaffordable,” said Hawkins, who was also running in the Dunedin City Council by-election.

Leader for the Otago Housing Alliance, Aaron Hawkins. RNZ / Nate McKinnon

There were more than 900 units owned by council in Dunedin, the vast majority of them homing older people living alone on fixed incomes.

Currently a single bedroom unit for a council tenant was $150 a week, whereas the current median rent for a one bedroom apartment in St Kilda was $375 a week, he said.

The maximum accommodation supplement in Dunedin is $80, “so there’s no way they’ll be able to afford the balance”.

“We’ll have hundreds of older residents looking for somewhere else to go, and there isn’t anywhere else obvious for them to go.”

He also was not suprised the advice was not in the Cabinet paper. He said rates capping was nothing more than a slogan, and no way to run a city let alone a country.

“People need to understand the implications of that, and this is one very stark example of where we are heading.”

Hawkins explained Dunedin would be impacted more than anywhere else because the council chose to maintain control of its supply of community housing, rather than transferring ownership in various forms into community trusts or community housing providers.

“That was the right thing to do, but it certainly does mean that the city is more exposed to this kind of outcome.”

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/local-government-minister-simon-watts-cant-guarantee-rates-cap-wont-increase-social-housing-rents/

More scope for private sector to ease public healthcare woes, report says

Source: Radio New Zealand

A new report is calling for more collaboration between the public and private health sectors. Unsplash / RNZ

A new report from Westpac NZ is calling for more, and faster, collaboration between the public and private health sectors.

The Future Role of Private Healthcare in New Zealand report found the public health system was under growing pressure, with an ageing population and wider social challenges pushing demand ever further beyond capacity.

The end result was longer waiting times and widening health inequalities, particularly for Māori and Pasifika, said Westpac NZ industry economist Paul Clark.

He said the private sector was already delivering a range of services, including elective procedures.

“The opportunities for greater collaboration between the private sector and public health don’t stop there. We see scope for greater private involvement in areas such as infrastructure development in underserved communities, the upgrading of IT systems and the adoption of digital technologies,” said Clark.

The report recommended using public-private partnerships to improve efficiency, lower costs and expand timely access to diagnostics, rehabilitation, and elective care through more predictable service arrangements.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/more-scope-for-private-sector-to-ease-public-healthcare-woes-report-says/

Robin Beets was killed at a dementia unit but his family don’t want the other patient charged

Source: Radio New Zealand

Robin Walter Beets, 84, died in November 2023. Supplied

The death of an elderly man at a dementia unit following an altercation with another patient was a “tragic outcome that was preceded by a sudden eruption of anger without a known cause or warning”, a coroner says.

Police decided not to charge the patient with manslaughter. The family of the man did not want the patient charged and said the “best outcome is to ensure this doesn’t happen again to other families”.

Coroner Ruth Thomas’ report into the death of Robin Walter Beets in November 2023 was released to RNZ.

The report said the 84-year-old was living in the Stokeswood Care Home dementia unit in Lower Hutt.

Nurses and caregivers said Beets was a “gentleman” and a “lovely guy”.

In August 2023 Beets was assessed as needing Dementia Level 3 secure residential care and placed in the dementia unit operated by BUPA Care Service.

The unit co-ordinator said Beets required full assistance with daily living, orientation and direction.

“She said he liked to keep himself busy, he had previously worked as an engineer and would try to fix things like the stereo at the dementia unit even when it was working fine. He would sometimes move furniture around, which would frustrate other residents who became triggered by the noise of the moving,” the coroner said.

Coroner Thomas’ report discusses another patient who was staying at the facility. Staff recorded the patient could become “triggered by loud noises at times”.

“The staff had a care plan in place to manage [the patient’s] behaviour with de-escalation techniques and medication as needed. The staff found this was effective as he was easy to calm down and re-direct.”

A medical note for the patient said his “unsettled and aggressive behaviour” on some afternoons was due to sundowning.

“Sundowning is a deterioration in cognitive function and occurs in the late afternoon or evening. [The patient’s] medication regime was adjusted, and this was helpful in reducing his agitation. Staff were aware of this behaviour and would redirect and distract [the patient].”

On the evening of 9 November, 2023, Beets was seated at a table with two other residents near a bookshelf. The other patient was sitting at a different table with other residents.

A nurse said she was walking along a corridor when she heard the emergency alarm went off, so she ran back to the dementia lounge.

She saw Beets lying on his back near the bookshelf and the other patient was “on his knees with Mr Beets”.

The patient was shouting at Beets and was pointing at him with his hand “like the gesture you use to tell a person off”.

A caregiver said she was looking at some medication alongside a colleague and could hear some residents talking as well as the sound of chairs moving behind her and the patient shouting.

“In her peripheral vision she saw [the patient] near Mr Beets’ table. They were both standing, facing each other and [the patient] was holding Mr Beets’ collar. Mr Beets stepped backwards away from [the patient] and fell onto the floor.”

She described seeing the patient kneeling next to Beets with his arm raised and his fist clenched.

“Mr Beets was screaming in pain and [the patient] was yelling.”

The caregiver ran over and told the patient to stop and helped him to stand up. Another staffer got the patient away from the area.

The caregiver then noticed the dining chair Beets had been sitting on was on the floor, and thought he may have tripped over it.

The other caregiver who was also looking at the medication reported seeing both men standing face to face by the bookshelf.

The patient was holding Beets’ shirt collar. She described the patient as holding his right arm up with a closed fist.

“She then saw Mr Beets take two to three steps backwards, trip over a dining chair that was behind him, and fall to the ground.” She also saw the patient fall to the ground.

Beets was eventually transferred to Hutt Hospital where he underwent hip surgery the following day. There were no complications from the surgery, however his health declined in the days afterwards and he developed aspiration pneumonia. Beets died on 20 November.

A falls investigation report, carried out by BUPA, recommended new registered nurses receive further education to increase their knowledge of the fall prevention management in the dementia unit. The shared learning lessons part of the review said the unit had a staff meeting about early detection and intervention of residents in an altercation and ensuring clear documentation of an event and management.

Police sought an expert opinion from a consultant psychiatrist as part of its investigation. The psychiatrist said the patient would be “entirely unable to understand the charge, nature, purpose or consequences of court proceedings, unable to instruct defence counsel, unable to enter a plea and unable to participate in a hearing”.

It was his opinion that the patient would be unfit to stand trial. Police decided not to charge the man with manslaughter. As part of the investigation, police spoke with Beets’ family who said they did not want anyone charged adding “the best outcome is to ensure this doesn’t happen again to other families, in Stokeswood, or any care facility.”

Coroner Thomas said Beets’ family had questioned the circumstances surrounding his fall to understand whether anything could have been done to prevent it.

A Coroners Court Clinical Advisor reviewed the evidence and said the incident was “very unfortunate but unpredictable and not preventable”.

“Although incidents like this can be assumed at some level to probably have some sort of trigger in the person’s mind, it is often impossible, even in retrospect, to identify what it was. I am of the view, based on the provided information, that the staff provided very good care for [the patient], and did everything in their power to prevent the assault.”

Coroner Thomas said her assessment of the evidence in the inquiry revealed a “tragic outcome that was preceded by a sudden eruption of anger without a known cause or warning”.

“The staff had been actively managing [the patient’s] behaviour in the unit, but tragically on this occasion with no warning of a change in [the patient’s] behaviour, and both staff momentarily facing away from where the incident started, there was not enough time for staff to pre-emptively intervene and redirect [the patient] before he had grabbed Mr Beets by his collar. This incident took the staff by surprise, was unpredictable and I do not find the staff could have done more to prevent this altercation and therefore the tragic consequences that followed.”

In a statement to RNZ, Beets’ family said he was a “much-loved” husband, father, Grandad and Poppa who was “very practical, mechanically capable and a friend to many in Petone”.

“He was a very caring man, had a great laugh and was always willing to help others.”

Beets was diagnosed with dementia formally in early 2021, and as he deteriorated the family made the decision to go into full-time care in August 2024.

“Dementia is a terrible disease for both the individual and their family. As is expressed in the report, we have never wanted the other party who also suffered from this disease to be charged or punished for this incident.

“What was important for us as a family was to see if there were lessons to be learnt which may prevent another family suffering a loss in the same way. We appreciate the thorough work done by both the Police and the Coroner, especially that the specific questions we asked were addressed within her report. We also note the internal review that the Care Facility undertook which resulted in additional training and support being put in place.”

A BUPA spokesperson said acknowledged the coroner’s findings and the conclusion that this incident was “unpredictable and surprising”.

“Our thoughts remain with Mr Beets’ family, and we recognise the distress this event caused them. Moments like this are profoundly sad for everyone involved, and we continue to extend our sincere sympathy to the family.”

Aged Care Association chief executive Tracey Martin said in a statement to RNZ the case highlighted a “broader and growing reality”.

“Aged residential care is supporting residents with increasingly complex behavioural and clinical needs, particularly within dementia care settings.

“Dementia units are caring for people with significant behavioural and psychological symptoms, often in environments that were not originally designed for the intensity of today’s care requirements. As the acuity of residents rises, so too does the need for workforce support, training, clinical backup, and appropriate funding settings.”

She said while the coroner had not made recommendations, the case reinforced the importance of “continued investment in dementia capability, staff training, and system settings that recognise the complexity of modern aged care”.

Detective Inspector John van den Heuvel said as New Zealand’s median age continued to rise, the number of people living with dementia was also expected to grow.

“While fatal incidents within dementia units remain rare, resident‑on‑resident assaults do occur from time to time that require Police investigation. This can be a difficult and sad situation to deal with for everyone involved.”

People living with dementia often experienced significant cognitive impairment, meaning they may not fully comprehend their actions or form the intent required to be held criminally responsible, he said.

“As a result, the evidential test for prosecution is frequently not met, and pursuing criminal charges is unlikely to be in the public interest. Police assess these matters carefully and in close consultation with medical specialists, care providers, and legal advisors. In cases involving a death the coroner is also consulted.”

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/robin-beets-was-killed-at-a-dementia-unit-but-his-family-dont-want-the-other-patient-charged/

NZ economy ‘on precipice’ as markets wobble, oil price rises

Source: Radio New Zealand

Economist Shamubeel Eaqub said there would be a wider inflation effect for New Zealand, beyond the increase in petrol prices that has already begun. Screengrab / Facebook

New Zealand’s economy is on a “precipice”, one economist says, as the country faces increasing pressure as a result of war in Iran.

The price of oil has almost doubled from where it was at the start of the year, pushing up fuel prices and creating the potential for inflation across a wide range of goods and services.

Economist Shamubeel Eaqub said there would be a wider inflation effect for New Zealand, beyond the increase in petrol prices that has already begun.

“The way to think about it is where it originates… essentially, the Middle East provides up to 80 percent of the crude oil to the main refineries we buy oil from in South Korea and Singapore. Already in Singapore, the refining crack spread – the difference between refined product versus crude, has increase from $3.5 to $35. That means 10c more at the pump, roughly. That’s the first wave.”

“The second is around how we use oil in so many parts of the economy. It’s true that for transport we’re far less dependent, that was the case in the past. But there are particular industries and regions that are very influenced by it. The biggest is, of course, aviation. I feel sorry for Air New Zealand… if you look at the aviation fuel prices, they have skyrocketed because it has to be processed from a particular type of crude.

“It’s all the transport sectors. It’s us driving cars, the diesel for our trucks, which is really the backbone of logistics in New Zealand is diesel. It comes through there.”

He said construction would be the most affected industry initially. “Paint, plastics, paint, chemicals, you name it. Everything is related or affected by the price of oil. Then it’s people like the agricultural sector, hugely affected through fertiliser, diesel… particularly dairy and horticulture.”

He said it could also have an effect on consumer risk appetite, which would influence air travel and tourism.

“If the conflict lasts longer, prices go up, it might damage demand for our goods and services that we export, which then turns to jobs and slows down an already precarious recovery that I hope we continue to have.”

ANZ chief economist Sharon Zollner told RNZ the increase in oil prices had been “quite exponential.”

“It’s a pretty substantial shock that is negative for activity and growth.”

She said it would be inflationary beyond the price of petrol because fuel was an input into “pretty much everything”.

“All goods generally need to be moved around,” Zollner said.

Sharp increases in gas prices led to higher fertiliser prices, which could affect food costs.

“There’s a train of thought that thinks of economics as energy transformed, that’s how important energy is. If it spikes up, then down again quickly, there’s no harm done. If it stays high, it’s a problem.”

ANZ chief economist Sharon Zollner says the increase in oil prices had been “quite exponential.” ABC / Luke Bowden

She said there was already evidence in surveys that businesses’ inflation expectations were increasing, which added pressure.

“We’ve seen the New Zealand dollar come off a couple of cents which makes not only oil more expensive but all imports.”

Finance Minister Nicola Willis said on Monday that there could be a range of potential consequences for supply chains, trade, inflation and future economic activity. She said the Commerce Commission had been asked to step up its fuel price monitoring.

What does it mean for interest rates?

How the Reserve Bank is likely to respond is not yet clear – it could be argued that it will need to increase interest rates to combat inflation, or decrease them to soften the blow to the economy.

“The kind of inflation we’re talking about is supply shock increases,” Eaqub said. “Which could become embedded if the economy is too strong. But the flip side is the economy might not be strong enough and we spiral. So we’re kind of in that precipice at the moment, just as the war is on a precipice.”

Zollner said the Reserve Bank would be weighing up the inflation effect against the fact it was bad for growth and employment if the war was sustained.

“People aren’t sure whether this makes the bank likely to raise rates sooner or later… It’s difficult for markets to deal with.”

Westpac chief economist Kelly Eckhold said petrol prices were on track to return to levels not seen since the invasion of Ukraine.

Beyond that, he said it seemed reasonable to expect inflation could pick up, but he did not think interest rates would follow quickly.

He said the Reserve Bank would probably view the increase as being for a finite period, and demand could be reduced in future because of it, as well as there being more pressure on household budgets.

“They’ll probably be thinking that if they look forward 18 months ahead, which is around about the period where a policy action now would have its impact, if anything, the issue might be a need to move interest rates the other way.

He said there was a risk that for the next three to six months the economic recovery would “take a pause”.

“Consumer confidence in particular, I think, is often related to changes in fuel prices because that’s a really frequently purchased item in the budget. So, you know, I can easily imagine that there might be a bit of a hiccup or a delay in the recovery that goes for a little while.”

Westpac chief economist Kelly Eckhold said petrol prices were on track to return to levels not seen since the invasion of Ukraine. Supplied / LinkedIn

He said it was not impossible that the government might act to cut the fuel tax again, as had happened last time petrol prices spiked. Eaqub agreed. Willis said on Monday that the Government was not considering it.

Infometrics chief forecaster Gareth Kiernan said it felt a bit like the 2025 US tariffs again.

“Suddenly, a whole lot going down overseas and any hopes of a recovery sort of getting hit in the kneecaps again.”

He said the longer the conflict continued, the worse it would be for the New Zealand economy.

But he was less convinced that it wouldn’t mean higher interest rates.

“There’s a real risk there with the economy.”

He said 10 years ago, businesses facing cost pressures tried to cut costs elsewhere.

“Whereas now you go and talk to businesses and there is still a sense that if cost pressures are coming through, we had no choice but to pass them on five years ago when everybody was in the same boat and everything was rising in price.

“But we feel like there’s a pretty good chance we could do that again… it hasn’t taken long for transport organisations, companies to be going, okay, I’ve got a fuel adjustment factor in place and you’re going to be feeling that from next week… There is a real risk that inflation does [pick up] and possibly that the Reserve Bank might just be a little bit slow to realise what’s going on.

“Which means, ultimately, they need to be raising rates sooner and probably further as well, despite the fact that economic growth and the economy are not in a particularly great space.”

Sign up for Money with Susan Edmunds, a weekly newsletter covering all the things that affect how we make, spend and invest money.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/nz-economy-on-precipice-as-markets-wobble-oil-price-rises/

One in two large businesses successfully attacked by cybercriminals in last year

Source: Radio New Zealand

Almost one in two large businesses were successfully attacked by cybercriminals in the last year. Unsplash / RNZ

AI-empowered cybercriminals are attacking businesses at unprecedented speeds with more than 80 percent of phishing emails containing AI-generated content that is difficult to detect.

Kordia’s 10th annual New Zealand Business Cyber Security Report indicates 44 percent of large businesses were successfully attacked in the past 12 months, and 61 percent suffered a serious business disruption, including extortion in one-in-five cases.

Vulnerabilities exploited

“This year’s survey actually showed that we had a lot more voice-based and video-based attacks reported by participants,” Kordia-owned Aura Information Security general manager Patrick Sharp said, adding that biometric data had been used for a long time to authenticate users.

“One of the problems with using things like voice or your face as a form of authentication is that you can never change it.”

Harsher penalties and ecucation

Top of the wish list was for government-supported, educational programmes to raise cyber security awareness, with harsher penalties for businesses who failed to protect data and mandatory reporting requirements for businesses hit by major attacks.

“To date, New Zealand’s privacy laws have not been as punitive as other countries’ when it comes to privacy breaches,” it said.

For example, New Zealand penalties of up to NZ$10,000 were available for a small number of offences – compared to maximum penalties of more than A$50m in Australia.

“The EU, UK and Australia are all explicitly tying cyber resilience to director accountability, expanding mandatory incident reporting, and moving from voluntary guidance to enforceable standards,” it said.

“These are decisive moves to unify government and business standards to defend against the scourge of state and criminal threat actors assaulting their countries.”

Global trends

Among Kordia’s findings was a Microsoft Digital Defence Report 2025, which found AI-assisted phishing campaigns achieved click-through rates of around 54 percent, compared with 12 percent for traditional phishing emails.

Sharp said AI-assisted attacks preyed on people’s emotions.

“They’ll try to get you to do something because they have ingratiated themselves with you, or because they’re threatening, or because they’re trying to pressure you to do something. So if you feel pressure to do something, if you feel slightly uncomfortable about it, there’s not someone you know or anything like that. Just don’t trust it,” he said.

McKinsey reported phishing volumes increased 1200 percent from 2022 to 2025, targeting an organisation every 39 seconds with a daily economic loss totalling $18m.

New Zealand’s concerns

Kordia’s survey of business leaders found 24 percent were concerned about the misuse of AI in their business, with improper use among the top three cyber-security priorities.

Survey respondents were focused on improving or implementing employee training, maintaining best practice, higher security and software for detection with more frequent updates and improved response coordination.

Threat perceptions varied by business size.

Smaller organisations with 50-99 employees were most concerned about phishing and ransomware attacks leading to extortion, with organisations with 100-200 employees concerned over AI misuse and malicious insider threats.

Larger businesses with 201-500 employees were most concerned about distributed denial-of-service (DDoS) attacks, which could disrupt operations, while those with more than 500 employees saw AI-generated cyber-attacks as a major threat.

Half of the business leaders said they would be willing to pay a ransom to a cyber criminal, and 8 percent of them had paid a ransom over the past year.

Insurance costs reflect risks

“Companies are certainly still using insurance, but it’s not the first thing they should be doing. The first thing companies should be doing is trying to reduce their risk down to the minimum level possible,” Sharp said.

While 17 percent of businesses made a claim on their cyber insurance over the past year, the cost of insurance was beyond the reach for many businesses, who were absorbing the costs, which included the loss of sensitive information, interrupted supply chains, fines and extortion.

A third of the businesses who suffered an attack estimated it took two months to resolve the issue, while a third doubted they could recover from a major attack.

Yet, 25 percent had not taken steps to secure the data, had no cyber security awareness programmes or had not practiced an incident response plan.

The World Economic Forum indicated the surge in successful attacks was compounded by a widening skills gap, with just 14 percent of organisations employing the right cyber talent, as the skills gap grew by 8 percent since 2024.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/10/one-in-two-large-businesses-successfully-attacked-by-cybercriminals-in-last-year/

‘Sovereignty at stake’, Iranian diaspora says

Source: Radio New Zealand

Women members of Iran’s Red Crescent society stand near smoke plumes from an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026. AFP

On 28 February, Iran’s Supreme leader Ayatollah Ali Khamenei was killed by joint US and Israel attacks on his residence. A further week of strikes on Iran have targeted nuclear and military sites, including airfields, radar, and naval facilities.

The Red Crescent estimates the death toll has topped 1000 people across Iran, including at least 165 girls killed when their school was bombed in the city of Minab. Iran has retaliated against military and civilian targets across the Gulf states, and Israel has also attacked Hezbollah in Lebanon.

As the strikes continue, Iranians living here in New Zealand talk to Kadambari Raghukumar about their views on the war and the divide in the community that it has amplified.

Mahdis Azarmandi, an expert in Peace and Conflict studies and senior lecturer at University of Canterbury said: “I think what people need to understand that this war is motivated and it’s a continuation of the genocide in Gaza, the war in Lebanon, of the restructuring of West Asia. So it has to be seen politically in a broader context of how to rearrange the, you know, Middle East or West Asia more accurately. And that has been underway for a period of time. And Iran, as one of the few countries left that retains sovereignty, is a threat to the reordering of that part of the world.”

Many in the Iranian community are divided over the conflict.

Rubble of destroyed buildings is pictured at the site of an Israeli airstrike that targeted Rweiss neighbourhood in Beirut’s southern suburbs, on March 8, 2026. AFP

While some Iranians around the world have celebrated the death of Khamenei and welcome the attacks, there are large numbers denouncing the assault on Iran and decrying the attack on their nation’s sovereignty.

Mahdis said: “This is not just about people who opposed the war and people who are celebrating the war in some park. It means that entire families and communities are going to be completely divided for a very long time. So that is what concerns me on a personal level. I think it’s that how many relationships are broken right now because of it.”

Separating the personal from the current politics is hard, Mahdis tells Raghukumar – especially for those who had to leave Iran during the 70s or 80s – either during the rule of the last Shah of Iran, Mohamed Reza Pahlavi, or after he was deposed in 1979, when the first Supreme Leader, the Grand Ayatollah Khomeini took power.

Mahdis said: ” I think I am constantly living through all of these layers of personal experience. So the personal experience of being in a diaspora Iranian with a particular kind of relationship to the Islamic Republic and who sees these things not in isolation from each other, but in conjunction. And I think that is what differentiates the people who are now more concerned and maybe taking a step back and defending the sovereignty of Iran, which I think is what is at stake.”

Smoke rises from the site of an Israeli airstrike that targeted the southern Lebanese village of Kfar Tibnit on March 5, 2026. RABIH DAHER / AFP

The current bombings came after weeks of negotiations between Iran and US and are viewed by many commentators as a breach of international law.

Dr Behzad Dowran has been living in New Zealand for eight years. He said: “From the past, we can remember they invaded many countries. And the result was just, innocent people were killed over there. And nothing but misery they gifted to those countries.”

In January, Dowran happened to be in Tehran, a witness to the violent protests that saw thousands of people killed. Behzad said “nobody can imagine being attacked by negotiators”.

“We have had many internal issues, many internal problems, mismanagement or wrong policies, many things. But we have had this experience, and we were going to manage it in a way internally to solve it.

“It is not easy to solve these sort of problems when you have long term of sanctions. But we managed it, more or less. But they attacked the country just in the middle of negotiations.”

Dowran said he was “very angry” because it violated international law.

“Nobody has the right, no country has the right to invade another country and kill the head of another country. And I am sorry and I am very sad that I see my Iranian comrades here think this is a thing that they may celebrate.”

Another Iranian, who preferred to remain anonymous for concerns of their safety, told Here Now that “the Iranian community is very diverse. Whatever the people inside Iran want that is what should matter most. Many people believe that a lasting solution must come from inside Iran, not imposed from outside”.

“Different approaches doesn’t we mean are enemies to one another. Most of us want the same ultimate goal -a better, freer, more dignified future for Iranians. But the ways we reach that goal may be very different.”

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/sovereignty-at-stake-iranian-diaspora-says/

Leman murder trial: Closing arguments heard in High Court

Source: Radio New Zealand

Michael Scott Rodger is on trial for murdering Richard Leman. RNZ / Nathan Mckinnon

Crown prosecutors have been accused of being “underhanded and dishonest” by ignoring crucial evidence around the brutal killing of a Canterbury man, a High Court jury has heard.

Michael Scott Rodger, 46, is accused of murdering Richard Leman, 41, whose body was found in the boot of his own car parked at an abandoned house in Tyler Street in Rangiora in April 2023.

Leman’s torso was found in the car but his head, legs and arms are still missing.

Rodger denies shooting or killing the father-of-three.

Closing arguments were heard in the High Court at Christchurch on Monday in front of Justice Jonathan Eaton.

The jury heard from Crown prosecutor Barnaby Hawes for more than two hours, where he explained the case against Rodger was “overwhelming”.

In response, Rodger’s defence lawyer Ethan Huda said there were legitimate questions around the circumstances of Leman’s death.

He explained the Crown had failed to mention, in its closing arguments, evidence from a pathologist who found Leman could have been stabbed before being shot.

“There’s a reasonable doubt about what happened at the crime scene. There’s a reasonable doubt as to what happened around the time of death,” Huda said.

“I suggest…that when you get to [the pathologist’s] evidence during your deliberation, the Crown’s case evaporates into the thin air like candy floss. It’s good to look at, it’s even good to taste from a certain angle, but it’s fluff.

“It’s disrespectful to 12 members of the jury to think you can hide evidence from them. A pathetic attempt at proving its case.”

The Crown argues Rodger shot Leman twice, first in the leg, then a fatal shot to his chest.

Richard Leman’s torso was found in a car, but his head, legs and arms are still missing. Supplied / NZ Police

Earlier in the trial, pathologist Dr Leslie Anderson said Leman was also stabbed in the back.

The defence said key Crown witnesses Morgan Grant and Sara Plimmer, who were with Leman the night he died, did not reference a stabbing during their respective testimonies.

The defence also outlined a text message exchange between Grant and another person, three days after Leman’s murder, which referenced the involvement of not one, but multiple “fugitives”.

In his closing arguments for the Crown, Hawes told jurors “objective evidence” proved there was only one possible killer.

“I suggest the way to approach the case is to start with what is fixed and independent, the pathology, the CCTV and telecommunications records, and all the forensic work and the linkages back to Mr Rodger,” he said.

“Any other possible explanation you’re looking at bring it back to this core, objective evidence. When you do that, I suggest the evidence clearly converges on one person and one person only and that is Mr. Rodger.”

Hawes said the accused’s claim that another unidentified person was the killer remained implausible.

“Mr. Roger would have you believe he’s unlucky.

“It’s not simply bad luck, that he was at the scene. It certainly was for Richard Leman. It’s not bad luck that both eyewitnesses name him as the perpetrator.

“I suggest he’s not unlucky, I suggest he’s guilty.”

The Crown said no-one gave Leman first-aid or called emergency services and Leman died within minutes.

The jury heard that Rodger threatened to kill Grant and Plimmer, took Leman’s drugs and cash and dragged his body into another room.

Justice Eaton was due to sum up the case on Tuesday before the jury retires for deliberations.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/leman-murder-trial-closing-arguments-heard-in-high-court/

Government working ‘around the clock’ to help New Zealanders stranded in Middle East

Source: Radio New Zealand

Royal New Zealand Air Force C-130J Hercules prepares to leave for the Middle East on 7 March. Kaye Albyt

New Zealanders in the Middle East should attempt to leave by road or commercial flights as soon as it is safe to do so, the Ministry of Foreign Affairs and Trade (MFAT) said.

The government was working “around the clock” on plans to assist Kiwis stranded in the region, an MFAT spokesperson said.

Efforts were focused on overland options to support New Zealanders to leave Qatar, Bahrain and Kuwait.

MFAT had contacted New Zealanders in those countries who had expressed interest in government-assisted departure, but support provided would depend on factors, including the security environment and cooperation of foreign governments, the spokesperson said.

MFAT warned that travel disruption has now extended well beyond the region.

Airlines that normally transit Middle East airspace to connect Europe and Asia faced significantly longer routes and higher fuel costs, which had been compounded by Russian and Ukrainian airspace also being closed to most airlines.

For those countries where the airspace remained closed, MFAT advised sheltering in place and following the advice of local authorities at all times.

This included ensuring enough food and water supplies, torches, batteries, and medications.

Commercial airlines were increasing the number of flights operating and were the fastest way for New Zealanders to get home, MFAT said.

By Monday morning, 3694 New Zealanders had registered as in the region via the Safe Travel site.

A MFAT spokesperson said the majority (2213) were in the United Arab Emirates. Around 900 New Zealanders have registered from Qatar and Saudi Arabia combined, and 121 in Egypt.

Less than 100 Kiwis were in each of Kuwait, Israel and the Occupied Palestinian Territories, Bahrain, Jordan, Iraq, Lebanon and Oman, and 36 in Iran.

MFAT said its ability to assist New Zealanders in Iran was extremely limited.

The Embassy in Tehran, which closed in mid-January, would remain closed until further notice.

New Zealanders in Iran needing support should contact the consular emergency line or the New Zealand Embassy in Turkey.

The Safe Travel site reported Qatar’s Civil Aviation Authority (QCAA) had announced the partial re-opening of airspace and some resumption of flights out of Doha.  

The services would  operate on designated contingency routes with limited capacity, and with the support of Qatar’s Armed Forces, allowing for airline-run evacuation flights.

Qatar Airlines had been in direct contact with customers to offer this option, MFAT said.

“We strongly encourage New Zealanders who want to leave Qatar, particularly those who have existing bookings with Qatar Airways, to urgently contact your airline and travel agent to seek further information. “

There was one commercial flight scheduled to leave Doha on Monday, travelling to Perth.

There could be long delays getting through to airlines, given very high demand, but people should stay on the line until answered and use official channels like chat or call centres, not social media, MFAT said.

All airlines and airports continued to stress that passengers should not proceed to the airport unless their airline has confirmed their specific flight is operating.

It urged people to register via the Safe Travel website, to check the website and Facebook for any updates, and to avoid government buildings, military sites and facilities, such as energy infrastructure, including oil production facilities and US Embassies, which could be targeted in military strikes.

Two Defence Force Hercules are in the region and poised to assist if commercial flights become unavailable, a MFAT spokesperson said.

One departed from Whenuapai on Saturday, and another was being redirected to the Middle East from Asia.

On the weekend, Defence Minister Judith Collins said she could not provide specific routes, timings or destinations for security reasons, but that if evacuations took place, the planes would bring people to safer locations where they could board commercial flights back to New Zealand.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/government-working-around-the-clock-to-help-new-zealanders-stranded-in-middle-east/

‘Rockets and feathers’ effect: The phenomenon behind soaring gas prices

Source: Radio New Zealand

RNZ / Dan Cook

Do petrol prices rise faster when oil increases, than they fall when it drops?

A number of motorists have got in touch with RNZ over the weekend, complaining that it appears that when the price of oil rises, petrol companies respond quickly with higher fuel prices. But when the price of oil drops, the relief does not flow through as fast.

The oil price is now over US$100 per barrel and 95 has reached $3 a litre in some parts of the country. Gaspy said the average price of 91 was $2.64 on Monday afternoon.

Murat Ungor, an economist at Otago University, said it was a known phenomenon.

“Economists have a name for it: the ‘rockets and feathers’ effect. This label suggests asymmetries in the immediate adjustment to a cost change as well as in the number of periods needed for a complete adjustment.”

He said it reflected rational responses to market structure, search costs and competitive dynamics.

“Whilst the pattern disadvantages consumers during price decline periods, it emerges from well-understood economic mechanisms including inventory management, menu costs, asymmetric search behaviour, and oligopolistic market structure.

“Policy interventions focusing on enhancing price transparency and maintaining competitive market structures can mitigate, though not eliminate, asymmetric price transmission.”

He said it was a pattern seen in the UK and US, too.

“Competition authorities across the globe have long been interested in the question of whether retail gasoline and diesel prices rise more quickly than they fall, relative to the movements in underlying input costs.

“So why does this happen? There are a few reasons working together. First, when oil prices go up, petrol stations need to replace their fuel at higher costs, so they raise prices quickly to avoid losing money. All stations face the same pressure, so prices jump across the board within days. But when oil prices drop, there is less urgency. Stations can keep prices higher for longer because most customers do not actively shop around for cheaper fuel when prices are falling gradually.”

He said that it was not price fixing as much as it was fuel retailers responding to competitive pressure and consumer behaviour.

“When you are more likely to notice and complain about rising prices than slowly falling ones, stations can get away with slower cuts. Price comparison apps and websites can help by making it easier to find the cheapest fuel, which forces stations to compete more on price. But the rockets-and-feathers pattern is unlikely to disappear completely. It is baked into how the retail fuel market works.”

In 2024, a focus report from the Commerce Commission said that its analysis showed fuel companies were quicker to increase petrol prices than to lower them.

“There is no evidence that fuel companies ultimately fail to pass through the cost increases or decreases to consumers, rather the speed at which companies do this varies. This effect is present for Regular 91 and Premium 95. The commission estimates that if fuel companies drop prices as quickly as they increase them when costs change, consumers would save in the order of $15 million a year.”

But Simplicity chief economist Shamubeel Eaqub was not convinced it was such a problem. He said it could be that people were more sensitive to price rises than they were to price falls.

“Using 20 years of weekly MBIE data, the rockets-and-feathers hypothesis is not confirmed with the well-specified models. The popular intuition may reflect cognitive bias, structural factors like taxes being a large fixed component of retail prices, or something else. I certainly don’t see the rockets and feather effect in the data.”

Z did not have anyone available to speak. BP said it was monitoring the situation closely.

“There are a number of factors that influence prices. We continue to review bp Connect prices every day to ensure competitiveness in the market. The bp website has more information on the facts about fuel pricing. There are also a number of independent bp operators all around the country who set their own prices and manage their own operations.”

Sign up for Money with Susan Edmunds, a weekly newsletter covering all the things that affect how we make, spend and invest money.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/rockets-and-feathers-effect-the-phenomenon-behind-soaring-gas-prices/

Rugby: Injury-hit Black Ferns Sevens outlast Australia in Vancouver thriller

Source: Radio New Zealand

New Zealand’s women’s team celebrate with the trophy after defeating Australia to win the HSBC SVNS Vancouver rugby sevens tournament. AFP / DON MACKINNON

An injury-depleted Black Ferns Sevens side pulled off a hard fought victory over Australia in the Vancouver Sevens final on Monday.

Reduced to just three players on their reserves bench with Braxton Sorensen-McGee, Jazmin Felix-Hotham and Manaia Nuku unavailable, the odds were stacked against the Black Ferns, who have got the better of Australia in three of their four previous title clashes during the series.

Leading 12-5 at halftime, New Zealand appeared to be running out of steam as the Aussies reeled them in level the scores at 17-17 with a couple of minutes left on the clock before a late try Alena Saili sealed the victory for the Black Ferns.

Player of the match Jorja Miller was the crucial point of difference between the two teams.

Miller scored one and set up a second in a full-throttle final as the Black Ferns Sevens held off Australia maintain their perfect winning record in Vancouver.

Miller said the adversity faced by the team during the tournament made the win more meaningful.

“I am so proud of this team, I’m so honoured to wear this black jersey. We’ve had a few girls go down this weekend … it means a lot more to us than just rugby,” the

And, on International Women’s Day she remembered who had inspired her. “When I was younger I was looking up to the greats, amazing players like Portia and Sarah Hirini.

“I hope that, as a team, we can inspire young girls and young boys to play rugby.”

USA beat France in the third-place play-off to end a nine-tournament wait for a podium finish, while Canada got the home crowd on their feet as they claimed fifth, and Japan claimed seventh at the end of an end-to-end play-off against Great Britain.

In the men’s draw, South Africa toppled Spain to take out the title.

South Africa beat and Spain 38-12 in the men’s final.

The All Blacks Sevens failed to reach the semifinal stage after losing to both of the eventual finalists during pool play.

The series now heads to New York for the next weekend’s tournament.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/rugby-injury-hit-black-ferns-sevens-outlast-australia-in-vancouver-thriller/

Airlines may look to cut flights as fuel prices soar, airline boss says

Source: Radio New Zealand

Duane Emeny, chief operating officer of Air Chathams. Sharon Brettkelly

Airlines may have to cut the number of flights as they grapple with the soaring price of aviation fuel, according to the boss of a New Zealand airline.

The chief executive of Air Chathams says the rising cost of oil is costing the small airline some $140,000 extra a month in fuel.

The conflict in Iran has closed the Strait of Hormuz, a vital shipping route carrying about 20 percent of the world’s oil and gas.

It’s pushed the global oil prices higher. The benchmark Brent Crude rose 18 percent or by US$18 to US$110 a barrel shortly after trading resumed on Monday at 11am NZT.

Air Chathams chief executive Duane Emeny told Checkpoint that prices were certainly on their way up.

Emeny said fuel was the company’s third most expensive cost, behind people and maintenance, and it’s causing significant cost increases for the airline.

“Every time the fuel costs go up by 10 cents, for a small airline like Air Chathams, that’s about $300k on to the bottom line for us. As you can imagine, with an increase of about $60 a barrel to what we are seeing at the moment, which is around the $115 mark, you are looking at annual costs of about 1.65 million increase, or $140k a month,” he said.

“So, it’s really, really significant, especially for a small airline.”

Emeny said the airline may have to cut the number of flights should the price of jet fuel remain so high.

“If you can’t afford to put aeroplanes in the air, then you’ve got to look at that and say ‘do I cut back my schedule, do I provide less connectivity because of this cost and then wait until it comes right and eases?’.”

“… All airlines will be looking at this, the big ones and the little ones,” Emeny said.

He’d like the government to look at ways to soften the blow on airlines.

“It’s an uncontrollable. We just have to grin and bear it,” Emeny said.

“I would just say, if there is any opportunity for the government to look at some of the mechanisms they do control – [Civil Aviation Authority] CAA levies, cost of airways, those sort of things – maybe there’s some short-term measures we can look at to support airlines.”

He said pausing those levies would be a welcome relief, saving the airline around $200,000 a month.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/airlines-may-look-to-cut-flights-as-fuel-prices-soar-airline-boss-says/

Kaikōura farmer fined $35k for failing to register hundreds of cattle

Source: Radio New Zealand

Trevor Bolton, failed to track or register the movements of cattle on and off his farms. (File photo) RNZ / Nate McKinnon

A Kaikōura dairy farmer has been fined $35,000 for failing to register hundreds of cattle or track their movements on and off his farms.

Trevor Ronald Bolton, 59, was sentenced at the Kaikōura District Court on March 6, after pleading guilty to three charges under the National Animal Identification and Tracing (NAIT) Act.

Under the act, the movement of all cattle or deer must be declared to Operational Solutions for Primary Industries within 48 hours.

Animals must also be fitted with a NAIT tag and registered in the system by the time the animal is 180 days old or before it is moved off a farm. 

A Ministry for Primary Industries (MPI) investigation found Bolton had not registered 269 animals, failed to declare 571 animals that were moved off-farm and failed to declare the movement of 83 animals onto his two large dairy farms.

He was fined $11,666 for each of the failures.

MPI district manager of animal welfare and NAIT compliance upper south Paul Soper said the system was critical in tracing animals to manage disease or biosecurity incursions.

“This farmer’s failures under the NAIT Act related to almost 1000 animals. As we have learned from our experience with Mycoplasma bovis it only takes one animal to cause a problem,” he said.

Soper said MPI took non-compliance with the animal tracing rules seriously.

“Put simply, when people in charge of animals disregard or fail to live up to their NAIT obligations they put the whole agricultural sector at risk,” he said.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/kaikoura-farmer-fined-35k-for-failing-to-register-hundreds-of-cattle/

Taihoro reborn: Team NZ launches upgraded AC75 ahead of America’s Cup defence

Source: Radio New Zealand

Emirates Team New Zealand’s new AC75 sailing on Auckland’s Hauraki Gulf James Somerset

Team New Zealand’s boat Taihoro is officially out of the shed and ready to hit the water ahead of next year’s America’s Cup.

The team relaunched their AC75 at their Wynyard Point base in Auckland on Monday, a milestone in a campaign that is focussed on securing a historic fourth consecutive victory in Naples in 2027.

While Taihoro is the same vessel that dominated the waters of Barcelona, it has undergone a significant refit to meet the new 38th America’s Cup rules.

Team New Zealand chief executive officer Grant Dalton said “to outsiders, there may not be a huge amount that is apparently different”.

“From the outside it looks similar.”

Under strict cost-containment measures, teams are restricted to their legacy hulls used in the last Cup.

To remain compliant, Team New Zealand’s designers worked within razor-thin margins, limited to three specific modification categories:

  • Cockpit Reconfiguration: Extensive work to transition the deck layout for the new crew requirements.
  • Structural Rebuilds: The team was permitted to rebuild up to 4sqm of the hull using the same shape but different materials, allowing for localised strengthening or weight optimisation.
  • Functional Rebates: Modifications were made to add rebates to maximize aerodynamic efficiency.

Team New Zealand’s head of design Dan Bernasconi said despite the same hulls being used again, the rules still allow for some significant technological developments and improvements in the AC75’s.

“The hulls have always been one of the most noticeable features on an America’s Cup yacht, but because the hulls spend so much time out of the water, there is actually not that much difference in the performance of hulls, maybe five seconds around the race course across all of the boats in Barcelona.

“So the class rule and design parameters still allow for important gains and difference in performance from the foils, sails and control systems for example. As with every iteration of the same class of boat, there is no doubt the racing will be a lot closer this time around between all teams.

“So, as always, winning will be a massive challenge for the whole team.”

Team New Zealand first unveiled Taihoro ahead of the 2024 America’s Cup in Barcelona. LLUIS GENE / AFP

Chief operating officer Kevin Shoebridge also expected a step up in performance.

“Internally, our philosophy is to always drive innovation and technology, so we think Taihoro ‘2.0’ will be a great step on from what we saw in Barcelona.” .

The most radical visual transformation lies in the crew pod on either side of the AC75.

The cyclors, who used leg power to provide hydraulic pressure have been retired as per the Protocol. In their place sits a standardised battery system for use across all teams.

This high-capacity battery is now the primary source of power for the yacht’s complex foil and sail control systems.

This technological leap has direct consequences for the crew, moving the challenge from physical exertion to digital discipline, as sailors must manage finite battery limits throughout the race.

Crew sizes have shrunk from eight down to five.

With an odd number of crew, roles are becoming more fluid, or roles like flight control and sail trimming may be further consolidated.

Skipper Nathan Outteridge said there is a lot of anticipation around what the roles of the five sailors will be.

“When you look across all of the teams, the question is who will be in the different positions.

“For us, we have a fresh new team which is an exciting mix of young talent and experience so what that eventually looks like in July next year we don’t know right now. That’s part of what the next block sailing Taihoro is about.”

One certainty in the coming days is Olympic gold and silver medallist Jo Aleh is set to become the first woman to crew an AC75 as a new rule introduced to extend the pathways beyond the AC40’s and Women’s America’s Cup to the America’s Cup itself.

A notable addition to the new layout is a dedicated guest racer pod, designed to allow a non-crew member to experience the raw G-forces of an AC75 at full flight, a feature not seen since the days of the version 5 IACC boats in 2007.

Team New Zealand will be utilising the guest racer spot throughout their sailing block in Auckland over the coming weeks.

The relaunch ceremony was centred around the cultural traditions that have come to define the team’s identity with Iwi Manaaki Ngāti Whātua Ōrākei presiding over the event, blessing Taihoro once again.

The blessing reconnected the vessel with its name, meaning “to move swiftly as the sea between both sky and earth”.

Aucklanders and America’s Cup followers will not have to wait long to see the Taihoro in action.

With the AC75 ready to go sailing, the first seen in the 38th America’s Cup cycle, the team will begin an intensive testing block immediately. Over the coming weeks, Taihoro will be a regular fixture on the Hauraki Gulf, flying across the water as the crew acclimates to the new dynamics of the freshly evolved AC75 before the team refocuses on AC40 racing at the first Preliminary Regatta in Cagliari, Sardinia in May.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/taihoro-reborn-team-nz-launches-upgraded-ac75-ahead-of-americas-cup-defence/

Luxon: Bad poll result ‘not a major focus’ for National

Source: Radio New Zealand

The Prime Minister continues to insist he has the backing of his party and colleagues, and that he has only discussed last week’s disastrous poll “in passing”.

The Taypayers Union-Curia poll last week put National on 28.4 percent – its lowest result since he became leader.

Speaking at his post-Cabinet media conference this afternoon, Christopher Luxon said polling was not a major focus of discussion with his ministers and fellow National MPs.

He said the media had “gone a bit bananas” on the poll result, and his support amongst the caucus was solid.

He said he did not need to talk to members of his party over the weekend to know he had their support.

“I talk to my ministers and MPs all of the time. In passing I talked about the poll results, but I talked about lots of other things.”

He said the poll had not been a “major focus”.

“I can reassure you I’ll be the leader going into the election on November 7.”

Luxon said the poll result was just one of many, and that only one poll really mattered to him.

“Every day I’m talking to Kiwis and the key thing is their poll – and they tell me they’re frustrated with the cost of living and frustrated with the speed of the economic recovery, and that’s what they want us to do.”

He added that the kinds of numbers seen in last week’s poll were “not going to happen” on Election Day.

Prime Minister Christopher Luxon. RNZ / Angus Dreaver

Riding the economic shockwaves

Finance Minister Nicola Willis also spoke at this afternoon’s press conference, and sought to give reassurance the government could respond to any economic shocks caused by the conflict in the Middle East.

Willis said the potential impacts to GDP depended on how long the conflict lasted – saying it could be between -0.2 to -0.4 percent, but beyond that it depended on the global trajectory for growth.

She said there were so many different scenarios that she could not give precise figures.

“We are already seeing impacts in the price New Zealanders pay for petrol and we can anticipate a range of potential consequences for supply chains, trade, inflation and future economic activity.”

Willis did say it was unlikely the government will cut fuel excise taxes.

“I’d love to be able to say I can take away the pain right now, but I’m conscious that short term gain could lead to longer term pain, and I’m mindful that any immediate actions do come with a longer term cost.”

She said while there is a lot of volatile in global oil prices, the government does not expect fuel companies to take advantage of rising prices.

“We have asked the Commerce Commission to step up its monitoring of fuel prices and if necessary to call out any suspect pricing behaviour by retailers.”

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/luxon-bad-poll-result-not-a-major-focus-for-national/

Te Papa, botanical gardens added to measles locations of interest

Source: Radio New Zealand

Te Papa was one of the locations visited by the tourist in February. CC4.0

A tourist who was in New Zealand while infected with measles visited Te Papa museum and the Wellington botanical gardens.

On Sunday, Health New Zealand confirmed 13 other measles locations of interest linked to the traveller between 23-27 February.

The case was confirmed after they left the country.

Trains, tourist spots, Parliament tours and both Wellington and Auckland airports are among the locations of interest.

The health agency has added Te Papa and the Wellington Botanical Gardens to the list on Monday afternoon.

The person visited Te Papa Museum on 26 February between 10am and 1pm and Wellington Botanical Gardens on he same day between 1pm and 2.30pm.

Health New Zealand said anyone who suspected they had measles should phone ahead before visiting their doctor so they could take precautions to stop it spreading.

Symptoms include a runny nose, fever, cough, sore watery eyes and a rash that develops a few days after the fever.

“We remind everyone that measles is one of the most highly contagious illnesses of all infectious diseases and spreads very easily. Anyone who was at a location of interest should monitor for symptoms of measles,” said Dr Emma Sherwood, a public health specialist at Health NZ.

“When given after 12 months of age, two doses of the MMR vaccine protects 99 percent of people and gives the best long-lasting protection. It is still possible for people who are vaccinated to get the illness, but it is much less likely.”

Locations of interest

23/02/2026 (7:30am to 8:30am) Train HVL Epuni to Upper Hutt

23/02/26 (9:30pm to 1:00pm) Nga Manu Reserve, Waikanae

23/02/26 (12:15pm to 4:15pm) Adrenaline Forest, Porirua

23/02/2026 (4pm to 5:30pm) Train HVL Upper Hutt to Epuni

24/02/2026 (9am to 10am) Train HVL Epuni to Wellington Station

24/02/2026 (3pm to 4pm) Train HVL Wellington Station to Epuni Station

25/02/26 (5:15pm to 8:30pm) Fraser Park Sportsville / Ricoh Sports Centre

26/02/2026 (8.30am to 9.30am) Train HVL Epuni to Wellington Station

26/02/2026 (10am to 1pm) Te Papa Museum

26/02/26 (12:00pm to 1:30pm) Cable Car, 280 Lambton Quay, Wellington

26/02/26 (1pm and 2.30pm) Wellington Botanical Gardens

26/02/26 (1:30pm to 4:00pm) Parliament Tour (bespoke tour for educational group)

26/02/26 (4:10pm to 8:20pm) Wellington Airport Domestic Terminal

26/02/26 (8:30pm to10:30pm) Auckland Airport Domestic Terminal

26/02/26-27/02/26 (9:00pm to 1:00am) Auckland Airport’s International Terminal

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/te-papa-botanical-gardens-added-to-measles-locations-of-interest/

‘What’s going on?’: Kiwi cricketer Brett Randell on the five-ball blitz that created history

Source: Radio New Zealand

Central Stags paceman Brett Randell captured global headlines after becoming the first player to claim a triple hat-trick in the 254-year history of first class cricket. www.photosport.nz

After taking his fifth wicket in five balls, a perplexed Brett Randell looked to his teammates for an explanation.

“What was going on? I don’t think anyone knew what was going on. We were coming into the huddle after each of the wickets and their reactions were the same as mine, just ‘what’s going on?’”

The Central Districts bowler rewrote the record books on Sunday after becoming the first player to claim a triple hat-trick in the 254-year history of first class cricket.

He achieved the feat during a Plunket Shield match against Northern Districts at McLean Park in Napier.

“It’s a once in a lifetime thing and I’m just going to try and stay grounded and go into next game, just trying to emulate the same plans, but recognising that the same thing’s probably not going to happen again,” Randell said.

The accomplishment had still not fully sunk in for Randell.

“It was pretty crazy. I still can’t really believe it, I don’t think I will for a while.”

He described a surreal feeling as the wickets kept tumbling. Randell’s dismissals read bowled, bowled, caught behind, caught at slip, bowled.

“I was just trying to stay level headed and just keep putting the ball in the same area because it was clearly working. That was about it really, couldn’t believe what was happening, but still trying to stay in the same area that I had been doing for the previous few balls.

“We talk about not really not searching for wickets. So I was just trying to put the ball in the same area because it had got wickets already. So I just thought, why not? I’m just going to keep trying to put it in the same area and see what happens.

“I managed to snaffle another couple. Then the couple in the over after that as well, I was just trying to do the same thing.”

As for his favourite, he said they were all “pretty good”.

“I think the first one I was quite happy with because of the balls proceeding it, I had a plan come to fruition. Then they just kept coming off. So I’d say all of them are pretty equal.”

Commenters online attempted to take the gloss off the feat, questioning whether or not the third wicket was legitimate.

“I thought it hit glove initially. I spoke to Joe (Carter) this morning and he said he would have gone up as well, but he was pretty adamant that he didn’t hit it.

“I mean, at the end of the day, the umpire put his finger up and that’s all there is to it.”

Having captured global headlines, Randell said he was simply trying to enjoy the moment.

“The messages from family and friends have been crazy. Everyone just can’t really believe it. From friends all around the world as well that I’ve played cricket with – it was a really special moment.”

A veteran of the first-class scene, Randell, who represented New Zealand at under-19 level, made his debut for Northern Districts in 2017. He said he still had ambitions of a Black Caps’ call-up.

“I’ve moved around quite a bit, those sorts of selections or recognition will come or they won’t. At the end of the day, I’m just trying to put out some good performances for the Stags and be the best cricketer and best person I can be.”

Though he said he had shared plenty of memorable moments with the Stags, from a personal standpoint, the triple hat-trick sits alone as his finest hour on a cricket pitch.

“I don’t think there is any topping it, unless I can join a fellow teammate of mine Ajaz Patel and get 10 in an innings.”

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/09/whats-going-on-kiwi-cricketer-brett-randell-on-the-five-ball-blitz-that-created-history/