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News
New Fauci documents reignite debate over Covid origins
17+ min ago (370+ words) Newly released US intelligence documents have reignited one of the most contentious debates of the pandemic: how Covid-19 began. The documents, released by U.S. Director of National Intelligence Tulsi Gabbard in one of her final actions in the role, include internal…...
OpenAI model escapes sandbox, hacks Hugging Face
2+ hour, 48+ min ago (303+ words) If that is the state of play at the top of the industry, the New Zealand firm plugging an autonomous agent into customer service, data analysis or legal review is operating on far thinner controls than it thinks. The United…...
NZ jobs market hands pay leverage to employers
2+ hour, 48+ min ago (448+ words) For employers benchmarking pay decisions, the 2-3% band is now the market norm. That is the number to anchor to. A workforce that feels trapped will stay put. It will not necessarily work harder, innovate, or advocate for the business. The…...
NZ earthquake risk is a business balance-sheet issue
2+ hour, 48+ min ago (291+ words) His message was blunt. “We live in New Zealand. We will get more earthquakes. Where they will happen is more or less anywhere in the country,” he said. NEMA director of Civil Defence Emergency Management John Price named the real…...
Petrol past $3 squeezes NZ business margins first
2+ hour, 48+ min ago (639+ words) Brent crude rose back above US$100 a barrel on Friday, and NZ Herald business editor Liam Dann says that will push retail petrol prices “well past $3 a litre in the coming days”. The trigger is a double blow: the US…...
Typhoon Noul hits Guangdong, NZ supply chain risk
2+ hour, 48+ min ago (609+ words) Typhoon Noul is bearing down on Guangdong with maximum sustained winds of 145km/h near its centre, and by Saturday afternoon more than 340,000 people had been evacuated across the province. China’s National Meteorological Centre issued its highest-tier red typhoon alert, and…...
NZ coarse wool finds new horticulture markets
2+ hour, 48+ min ago (444+ words) The agronomic problem wool solves is genuine. Native and ornamental seedlings lose their first-year fight for moisture against pasture grasses. Wool mulch holds water and suppresses weeds. Wool propagation pots biodegrade below the soil line, letting roots grow straight through…...
What the Chinese missile told the Pacific
1+ day, 52+ min ago (348+ words) A Chinese submarine fired a long-range ballistic missile into the South Pacific on 6 July, and New Zealand was given only hours’ notice before it happened. The test drew swift criticism from the United States, Japan, Australia and New Zealand, all…...
RMS collapse leaves $10m owed, boat missing
1+ day, 2+ hour ago (365+ words) BDO’s Andrew McKay and Rees Logan say directors Fred Witton and Ross Troughton have provided no satisfactory response on the boat’s whereabouts. Witton told Stuff: “We’re definitely not to blame. They were all in control of the receivers by the…...
20% of NZ townhouses selling at a loss
1+ day, 2+ hour ago (402+ words) New Zealand spent a decade betting that if you let developers build density, the market would take it. On supply, the bet paid off. On absorption, it is now unravelling in real time. Auckland alone has nearly 14,000 properties for sale,…...