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NZNE Newsletter #2 Monday, November 28th, 2022

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3 Waters: Near dictatorial powers to be given to iwi reps

If passed, the legislation will see virtually all water in the country exclusively under iwi control.- Mahuta is accused of orchestrating a tribal takeover on behalf of the Tanui tribe.

Youth “crimewave” terrorises businesses and communities

Glengarry Wines reports 42 ram raids over 18 months. - A dairy worker is murdered in PM Ardern's electorate. - Foodstuffs rolls out Facial Recognition Technology at several of its North Island locations.

Wayne Brown works to deliver on campaign promises

Brown calls for the resignation of the Ports of Auckland board. - Auckland council is weighing up options to plug a nearly $300m shortfall. - Pricey climate action initiatives in question.

OCR, up it goes!

OCR rises to 4.25% from 3.5%. - During COVID, the Government printed around $67b - The money printing may be the reason RBNZ is pumping the brakes and telling Kiwis to tighten their belts.

Bus driver shortage continues

Transport Minister Michael Wood says it's a “crisis”. - Major centres are hundreds of drivers short with thousands of trips cancelled. -The Government is struggling to attract more drivers.

An energy update

Mandates will require fuel companies to hold minimum reserves. - Spokespeople say added costs will hit consumers. - The Commerce Commission has new powers to adjust prices they say are "unfair".

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