OCR cut to 3%, job cuts announced by Te Wānanga o Aotearoa, and unlocking the mystery of our 'silent' earthquakes.
1 Live: Reserve Bank cuts Official Cash Rate
The Official Cash Rate has been cut by 25 basis points and is now at 3%, the Reserve Bank announced today.
The change had been widely expected by economists, and had already been priced in by the big four banks, which cut interest rates for borrowers and savers last week.
2 Police on any potential negotiations with Tom Phillips
The detective in charge of the hunt for Tom Phillips and his three children says negotiations with the fugitive had "always been on the table".
Speaking with Paddy Gower Has Issues last night, Detective Senior Sergeant Andrew Saunders said police were open to discussions with Phillips to ensure his children were returned home safely.
Phillips and his three children – Jayda, Maverick and Ember – went missing from Marokopa in December 2021.
3 Te Wānanga o Aotearoa announces job cuts in proposed 'redesign'
The largest Māori tertiary provider in the country has announced a proposed "organisational redesign" that will cut around 60 roles.
The measures were announced today by Te Wānanga o Aotearoa in a new strategy, Te Pae Tawhiti 2030, saying it aimed to map out the institution’s future direction to deliver "innovative, values-led education for learners of today" and "generations to come".
4 New Zealand soldier sentenced, dismissed for attempted espionage
A soldier with links to far-right groups who thought he was spying on New Zealand has been sentenced to two years in military detention and dismissed from the army.
At a court martial hearing at Linton Military Camp, near Palmerston North, the soldier, whose name is temporarily suppressed, this week admitted charges of attempted espionage, dishonestly accessing a computer system and possessing objectionable material.
5 Hidden faults may unlock the mystery of NZ's 'silent' earthquakes
Beneath the waves off New Zealand’s east coast, scientists have uncovered a hidden network of ancient faults that may hold the key to understanding mysterious slow-motion earthquakes.
A new international study, published in Science Advances, identified hidden fault structures called polygonal fault systems (PFS) as a major influence on the behaviour of the north Hikurangi subduction zone.
Earth Sciences NZ marine geologist Philip Barnes said the discovery would help explain why slow earthquakes occurred where they did.
Watch: Why Jenny-May Clarkson is making 'long-awaited' netball comeback
A call from an old mate convinced the former Silver Fern and Breakfast host to step back on the court.
ONE SCUMMY PROBLEM
How long has it been since you last cleaned your bathroom? If it’s been longer than you planned, you might see a build up of scum, slime or mould around your taps, between the tiles and on the edges of the bath or shower floor.
But why is this sometimes pink or orange? And can this pink slime make us sick? Fungi expert Michael Taylor explains.
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