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The Latest Breaking News from Jonathan Milne

Fisher Funds loses $80m in bank collapse – just the start of the hit to KiwiSavers

A Newsroom investigation shows the big funds manager had gone big on Signature Bank – money it will never see again. But it says other funds are down as well. Jonathan Milne reports.

Newsroom.co.nz

Amid fears for small players, big banks agree to a competition inquiry

Is NZ developing a two-tier banking system? There’s concern smaller savings institutions may be placed at greater risk, if customers follow Americans' flight to big banks this week. Jonathan Milne reports.

Newsroom.co.nz

Ousted health chair reveals plan for 'many hundreds' of job cuts

Te Whatu Ora staff to be consulted on managerial and administrative lay-offs to reduce duplication between former DHBs: 'I hate it,' says Rob Campbell, 'but they do happen'. Jonathan Milne reports.

Newsroom.co.nz

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Credit agency warns NZers are blind to 'astronomical' costs of fixing Three Waters

Bigger councils are building 'gold-plated' plants because their ratepayers won't have to pick up the tab; smaller councils are nervous about being amalgamated and shut down. Jonathan Milne reports.

Newsroom.co.nz

Et voilà! Here's something someone else prepared a little earlier

National and Labour's solutions to the undisputed problem of Three Waters aren't that different, writes Jonathan Milne. The difference is not over how the water infrastructure is managed, but simply who does it.

Newsroom.co.nz

Reserve Bank would back a Commerce Commission probe into bank profits

Some retirees could face a cold and hungry winter, as costs rise and banks slow-pedal their term deposit interest rates. It's allowing the big banks to maintain high margins and send record dividends back to their Australian owners. Jonathan Milne reports.

Newsroom.co.nz

Crackdown: Pawnbrokers and payday lenders target cyclone victims

Commerce Commission files court action to regulate pawn loans, but too late for vulnerable communities of Hawkes Bay and Tairāwhiti. Jonathan Milne reports.

Newsroom.co.nz

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'Please don't profiteer': Rising prices worry builders in cyclone aftermath

Some construction suppliers are 'jumping on the gravy train' – and builders say they won't forget. Jonathan Milne reports.

Newsroom.co.nz

Homeless flood victims plead for urgent Govt help to retreat from devastated houses

West Auckland flood victims are working together to persuade ministers to set in place a compensation scheme to enable the managed retreat from homes they are too fearful to live in again. Jonathan Milne reports.

Newsroom.co.nz

'There can be no future without fishing' – Cawthron science boss

Volker Kuntzsch criticises NZ's meat, dairy and plant-based proteins, saying they're not sustainable like fisheries. Jonathan Milne reports.

Newsroom.co.nz

I bought air-freighted mangoes; if you don't approve, bite me!

The rain this summer is without precedent; the increase in local fruit and vege prices will be similarly unparalleled. Jonathan Milne reports.

Newsroom.co.nz

Retreating home and business owners need publicly-funded compo

The eye-opening discovery that some of the worst-damaged houses in Auckland weren't on the coast, but were high on the hills, gives weight to a new report on compensating managed retreat from climate change. Jonathan Milne reports.

Newsroom.co.nz

'Dream turns to nightmare' as foundations of building industry erode

Civil construction firms are hitting rock bottom, caught between this summer's tropical downpours and rising concrete prices, reports Jonathan Milne.

Newsroom.co.nz

Inferior overseas honey being passed off as mānuka – new research

The discovery that Serbia, Spain and the UK are producing their own 'mānuka honey' has highlighted the significance of a looming NZ legal decision on trademarking the brand. Jonathan Milne investigates.

Newsroom.co.nz

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Newsroom.co.nz

Rich Lister Olympian goes to ground in new row over his aggressive alcohol sales

Foodstuffs admits not one, but three of its Pak'nSave supermarkets were offloading short-dated beer – some at prices the Government calls 'irresponsible'. Jonathan Milne reports.

Newsroom.co.nz

Pak'nSave's 67c beers are 'simply irresponsible'

Minister condemns supermarket's 'targeted and aggressive' marketing of $3.99 six-packs, amid calls to speed up review of Sale of Alcohol Act. Jonathan Milne reports.

Newsroom.co.nz

State of emergency: Auckland floods 'a wake-up call'

The Prime Minister has gone down to the Beehive bunker to help coordinate the emergency response, as the Insurance Council warns that some Aucklanders whose homes and business are flooded face very hard times ahead. Jonathan Milne reports.

Newsroom.co.nz

Kiwi tech success story becomes the face of Chris Hipkins' workforce crisis

Never mind the chief executives and TV cameras in the CBD – it was a small business grouping in west Auckland that had the new Prime Minister and Deputy Prime Minister as a captive audience, to talk through the challenges for struggling employers. Jonathan Milne reports.

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Newsroom.co.nz

Rocks ahead! Leaders struggle at the helm of the world economy

As food prices soar a near record 11.3 percent today, there's a new outcrop of inflation looming, Jonathan Milne reports. NZ and the world now face a hard landing in which millions may lose their livelihoods.

Newsroom.co.nz

Socks, frocks and saving Wellington from self-indulgence

Writing at Newsroom, Jonathan Milne has described a capital city of politicians and grey bureaucrats that the rest of New Zealand loves to hate – so Wellington's new mayor flies him down to wine and dine him and persuade him otherwise.

Newsroom.co.nz

NZ bolsters emergency oil stocks backed by offer of Marsden Point storage

New Zealand pre-ordered more oil stocks just before Russia invaded Ukraine, which have increased government reserves this month – at a critical time.

Newsroom.co.nz

Parking penalties: When good advocacy journalism goes bad

On being pinged parking penalties at hospital, Jonathan Milne saw a chance to champion change – but says his naive hopes were dashed in an unexpected way.

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