Five Big Things That Happened Today: Wednesday, May 27

4:30pm

Reserve Bank holds OCR at 2.25%; Mysterious illness knocks out Palmerston North teen every three days; Potential for 6.8m quake from faultline in Auckland's south – study.

Reserve Bank maintains Official Cash Rate at 2.25%

The Reserve Bank of New Zealand has released the latest Official Cash Rate decision.

Economists were widely anticipating the Reserve Bank to hold rate at its current 2.25%.

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Mysterious illness knocks out Palmerston North teen every three days

A 14-year-old Palmerston North girl who has lost consciousness every three days for almost two years does not know who she is, where she is, or even what her parents look like, every time she wakes up.

"It's like waking up in another world, but you don't know what world you've come from," says Amelia Guest.

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Potential for 6.8m quake from faultline in Auckland's south – study

Researchers have discovered the potential for a "major earthquake" with "serious consequences" for parts of Auckland, with a possible magnitude of 6.8.

The Mangatangi Fault, which runs alongside the Hunua Ranges in southern Auckland, has now been identified as active by the researchers at University of Auckland.

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Watch: News in 90 seconds: Ostrich carries out scooter hit-and-run

An unsuspecting electric scooter rider was given a shock after the ostrich chased her down and sent her crashing to the ground.

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ONE BUDGET EXPLAINER

Billions in defence spending, public service cuts, social housing changes, and a Winston Peters "leak" have already been revealed ahead of tomorrow's Budget, with Finance Minister Nicola Willis promising more to come.

Here's what we know so far.

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