Market Close: Spark hits 14-year low as NZ sharemarket falls 0.8%

Post author By New Zealand Blog News Service
Post date March 17, 2025

A2 Milk soars, Smartpay surges amid takeover bids, NZ stocks dip.
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Tory Whanau may have to sell Wellington mayoralty to make ends meet September 20, 2024
Tory Whanau has revealed that she’s struggling so much financially that she may have to part with her beloved mayoralty, that of New Zealand’s capital city, if she’s to fund her ever-diminishing lifestyle. Whanau was elected to lead Wellington in 2022, winning an overwhelming victory against the incumbent mayor: the evil version of Jason Gunn. […]
Ben Uffindell
Ukrainian militia receives defective shipment of pagers that just send and receive messages September 18, 2024
There’s been a major setback for one Ukrainian-backed militia on the Russian border, after the group ordered a large shipment of pagers to use as improvised explosive devices. The plan was to litter the pagers throughout abandoned homes and buildings in hopes of wounding Russian soldiers. But upon arrival of the shipment, routed through the […]
Ben Uffindell
Government directs Te Puni Kōkiri to conduct Māori Language Week in English September 17, 2024
The coalition government has issued a directive to Te Puni Kōkiri, the Ministry of Māori Development, instructing them that – in the interests of clear communication – they are to conduct this year’s Māori Language Week primarily or exclusively in English. The directive is in line with the Government’s policy – signaled when they came […]
Ben Uffindell
Government celebrates fact that New Zealand’s healthcare is so good people are queuing up for it at 5am September 17, 2024
At yesterday’s post-cabinet press conference, Prime Minister Christopher Luxon, flanked by his Health Minister Shane Reti and someone we can’t independently verify was a real sign language interpreter, announced that he had some positive news for the country. “Alright team, I’m just going to hand over to uh, Dr. Shane, because I think he’s got […]
Ben Uffindell
Heartwarming: Thoughtful driver uses indicator to tell you what they’ve just done September 17, 2024
It’s 4:10pm in the morning, and you’re in the middle lane heading north on the great southern motorway of our nation’s capital, Auckland. There are no cars directly in front of you, but quite a few in the lane to your left. Suddenly, without warning, a black ute enters your lane, cutting in front of […]
Ben Uffindell
NPC teams will now be allowed to actually use the Ranfurly Shield in play September 17, 2024
Following decades of controversy, the governing body of New Zealand rugby, New Zealand Rugby, has ruled that the team currently holding the Ranfurly Shield may once again use it in play during the National Provincial Championship (NPC). The ruling restores the utility of a prize that for many years was rendered merely symbolic, after the […]
Ben Uffindell
Police say they won’t respond to bomb threats anymore as ‘it’s never anything’ September 16, 2024
Police Commissioner Andrew Coster says that New Zealand’s police force will no longer respond to bomb threats, in an attempt to cut costs and redirect police resources to less boring activities. Coster said that threat response and bomb disposal was a “fairly obvious” area for downsizing, as bomb threats are “never anything”, a “huge waste […]
Ben Uffindell
Air New Zealand flight attendant named CEO after one year on job November 30, 2021
New Zealand’s national carrier, Air New Zealand, has expressed great enthusiasm in announcing its new CEO today: 51-year-old Nathan Guy, a flight attendant who has spent about 1200 hours on the job. Guy joined the company as a fresh-faced, wide-eyed flight attendant serving now-reduced domestic routes in November of 2020, and has since spent a […]
Ben Uffindell
National Party board denies it unanimously agreed to Collins’ Faustian bargain with Satan November 26, 2021
National Party president Peter Goodfellow is today issuing a strong denial on behalf of the party’s board, saying they did not, at any point, agree to the Faustian bargain that National leader Judith Collins struck with the Evil One, Son of Perdition, the Devil Satan himself. When Collins became the leader of the National Party […]
Ben Uffindell
Super Saturday recap: Patrick Gower doesn’t know what he’s supposed to do October 16, 2021
It was Aotearoa’s first national day of action in over ten years, the first since 2010, when Prime Minister John Key tried to inspire us to clean up our nation’s berms. It didn’t work. Today, New Zealand’s berms are worse than ever. But history is not destiny, and other cliches. Today, we tried again, this […]
Ben Uffindell

Concert raises more than $10k for Christchurch police officer March 18, 2025
An all female lineup of musicians sang their hearts out last Thursday night to help raise funds for a Christchurch police officer's $800,000 cancer treatment.
KiwiSaver: Can you afford to contribute 10%? March 18, 2025
At present, the default position is for employees to contribute 3% of their gross pay to KiwiSaver. Photo: Getty Images By Susan Edmunds of RNZ If the government is making changes to KiwiSaver contribution rates, the amount we are putting aside for retirement should be pushed up to 10% of incomes, providers say.
How much more are renters paying since Covid? March 18, 2025
Photo: Getty Images By Susan Edmunds New Zealand renters have had a 25 percent increase in their median bills in the five years since Covid hit, Trade Me data shows.
Power cut hits 11,000 in Central Otago March 18, 2025
Photo: ODT Files A power cut left more than 11,000 Central Otago Aurora Energy customers in the dark last night.
Ella Jenkins
His world is oysters: bagging bluffies hard mahi March 18, 2025
Many sets of hands touch an oyster before it gets to the public. PHOTOS: STEPHEN JAQUIERY/ODT By Tess Brunton of RNZ Whether eagerly plucked from the pottle or freshly shucked and served with Champagne, bluffies are in high demand across the country from March to August.
TVNZ job cuts expected to save broadcaster $8.9m March 18, 2025
Photo: RNZ By Katie Todd of RNZ TVNZ expects to save $5.6 million from the 48.5 full time jobs slashed late last year - and another $3.3 million by not replacing vacant roles - according to data released under the Official Information Act.
Contentious peninsula bach may get to stay March 18, 2025
The Woodwards are a step closer to retaining their family bach after the Te Pataka o Rakaihautu Banks Peninsula Community Board recommended it be granted a 25-year lease. Photo: Supplied Port Levy bach owners have been left frustrated after a reprieve was granted to a contentious neighbouring holiday home.
Kees Chalmers
Job cuts expected to save TVNZ $9 million March 18, 2025
Photo: RNZ By Katie Todd of RNZ TVNZ expects to save $5.6 million from the 48.5 full time jobs slashed late last year - and another $3.3 million by not replacing vacant roles - according to data released under the Official Information Act.
Surfer rescued off Scarborough coast March 18, 2025
Photo: Coastguard Sumner A surfer had to be rescued at a Christchurch beach on Tuesday afternoon after getting into trouble in rough conditions.
Waka Kotahi slows down the reversing of speed limits March 18, 2025
Photo: RNZ Waka Kotahi is putting the brakes on 16 sections of state highway that were to automatically revert to their previous higher speed limits.

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