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The Latest Breaking News from Newsroom.co.nz

Budget 2023 won't move dial on R&D 'hole'

The Govt is committed to a target of getting investment to 2% of GDP as a way to “help build a high-skill, knowledge-based and more productive economy”. This is not a Budget to get us there.

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Disabled employment subsidies spark concerns

An initiative to pay disabled people the minimum wage has had mixed reactions from the community, with fears businesses will continue to exploit cheap labour.

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Budget 2023: Dropping $5 charge good for health, and business

Some pharmacies calling for scrapping prescription charges may in fact benefit

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This week's bestselling books

The latest Nielsen BookScan New Zealand bestseller list, described by Steve Braunias

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A disappointing Budget for the climate

The Government risks running out of money for the climate response if it keeps blunting its carbon-cutting tools and raiding climate funds.

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Council to cough up share of $1b CRL blow-out

Budget 2023 revealed Auckland Council won't be getting a deal on its $500m obligation.

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Compo in the wind if Onslow plan proceeds

Officials working on the NZ Battery Project acknowledge a workforce of 4000 descending on tiny Roxburgh would see locals “shoulder the impact” of a scheme with national benefits

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Robertson becomes ever less the visionary leader

In the Budget James Shaw was the only minister to link how a sustainable, climate-compatible economy generates wealth in all its forms. Every minister should have made variations on that theme

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'Bullshit ambush': Gas levy urgently passed on Budget night

A rapid, last-minute amendment to laws governing the levies paid by fossil gas field operators was passed through Parliament on Thursday night.

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Budget 2023: Hipkins' pragmatic push puts National in tight spot

Chris Hipkins' first Budget as Prime Minister was deliberately unambitious compared to those under Jacinda Ardern - but a shared appreciation for universalism has put National in an awkward spot.

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Champion Pulse coach bows out to run new school

Yvette McCausland-Durie wants to end her national league coaching days as a four-time champion with the Pulse. She tells Suzanne McFadden about her next challenge restarting an historic Māori boys’ school and a possible future with the Silver Ferns.

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Cheaper childcare not so 'win-win'

Budget 2023 makes childhood education cheaper and boosts teacher pay, but long delays in rolling out new policy has people in the sector scratching their heads

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Why local councils want to sell their assets

Auckland Council could cash out $2 billion worth of shares in the airport – and it's not the only council considering asset sales to balance the budget.

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Budget 2023: Jibes and jabs from the Opposition

From the “no frills” Budget to the “blowout” Budget, the speeches in the House on Thursday had plenty of one-liners and no shortage of over-used catchphrases. Political editor Jo Moir was there to watch it all.

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Budget stems gaming brain drain in nick of time

Budget 2023's tax rebate for New Zealand's game developers is half Australia's offering.

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Budget 2023: Climate fund slashed by $800m

While nearly $2 billion of new climate-related spending was announced in Budget 2023, funding for future policies was cut by $800 million.

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Budget's main relief slow to land for parents

The cornerstone of the Government’s cost-of-living package won’t kick in for almost a year. It isn’t the big ideas Budget Grant Robertson would have liked to deliver and leaves it exposed to attacks from the Opposition in election year, writes political editor Jo Moir.

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Budget 2023: ECE expansion, prescription changes in 'pragmatic' plan

The Finance Minister has unveiled a measured Budget as New Zealand is forecast to avoid recession - but low growth and peak unemployment expected to hang around.

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Budget 2023: No ‘major’ new taxes but $80b more tax revenue

High-earning New Zealanders moved nearly $6 billion income a year into trusts after the Government introduced a new 39c personal tax rate – but now Inland Revenue will chase it down.

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Govt orders inquiry into anti-competitive land covenants

First petrol stations, then supermarkets, then building supplies merchants. Now the Commerce Minister has asked for a wide-reaching inquiry into the use of land covenants to block competition, and cites meat processing plants as a place to start.

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All hail the book of the year

Jane Stafford on the novel that won the 2023 Ockham fiction prize on Wednesday night

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SailGP ignored order to halt Lyttelton race

Super-fast boats raced on despite the presence of dolphins nearby

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Luxon's 'coalition of chaos' may yet come to pass

It looks as though the Green Party is at last being anointed as Labour’s preferred partner, but it will need a strong showing from the Greens to have any chance of leading the next government

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Wayne Brown softens on social service cuts

The outcry against proposed cuts to social, arts and culture services has seen Auckland mayor Wayne Brown promise to go a little easier with the shears

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The stand-off between a philanthropist and Victoria University

A dispute over how a $10 million research grant gets used has exposed the tension between academic freedom and university funding.

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