New Zealand Financial News

(Reuters) — Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge $1 annual fee for basic features.

match will air live on Indian television via Star Sports channels. Indian viewers can also enjoy free live streaming of these matches on the Disney+Hotstar app and website.

Claims by big four accounting firms that they need specialised skills in their consulting businesses to deliver quality audits have been questioned after former PwC Australia chief executive Luke Sayers said he tried to sell the firm’s consulting arm during his time as leader.

Investing.com-- New Zealand consumer inflation grew less than expected in the third quarter on softer import prices, taking more pressure off the Reserve Bank to raise interest rates further this year.

By Lucy Craymer

Hamas. Israel's shekel sank to a nearly eight-year low, after the country's prime minister, Benjamin Netanyahu, vowed to «demolish Hamas» in retaliation for the rampage on Oct. 7 that killed 1,300 people in the worst attack on civilians in Israel's history. U.S.

Michael Ahearne, chief executive of SkyCity Entertainment, will depart the company in March as the Adelaide casino owner braces for a potential multimillion-dollar fine and the loss of its New Zealand licence.

NEW DELHI : As the cricket frenzy reached a fever pitch when India and Pakistan clashed on Saturday, the restaurant industry in major cities experienced a substantial boost in business. Restaurant chains like Massive Restaurants, the operator of Farzi Cafe, and other popular chains like Cafe Delhi Heights, said business was 15-30% higher than a typical weekend, as India started batting around 6 pm. “We had our highest-ever Saturday lunch and pre-dinner sales.

The value of 99 Bikes-owner Pedal Group has almost halved since the peak of cycling mania during the coronavirus pandemic, as an oversupply of bicycles bites.

Click here to read the full reportEngland vs Afghanistan Live: England have squared off against Afghanistan in a pair of ODIs, emerging victorious on both occasions. Both these high-stakes matches unfolded during World Cup tournaments. Their last clash happened in June 2019, where England dominated with a colossal score of 397/6, sealing the win by a margin of 150 runs.

By Praveen Menon

Kane Williamson has been ruled out of the team's immediate World Cup matches with a fractured thumb, but head coach Gary Stead is optimistic the batter will be back in action at some stage of the tournament. After spending nearly seven months on the sidelines with a knee injury, Williamson made 78 not out in his return to action in the team's comprehensive victory against Bangladesh on Friday. The 33-year-old, however, was struck by a throw while running between the wickets during the match, which now makes him uncertain for the tournament. Tom Blundell will travel to India as cover, but Williamson will remain with the team with the hope of being available for the back end of group play next month, New Zealand Cricket said in a statement on Saturday. «Firstly, we're all feeling for Kane to have this occur after all his hard work to return from his knee injury,» Stead said. «While it's disappointing news, the initial diagnosis has given us some optimism he can still feature later in the pool play following a period of rest and rehabilitation. »Kane is clearly a massive part of our side and a world class player and captain — so we'll look to give him every opportunity we can to return in the tournament." Blundell was picked ahead of Henry Nicholls, who suffered a mild side-strain during a Plunket Shield warm-up match the week. «Tom's been with the one-day side on tours to Pakistan and Bangladesh and performed well,» Stead said. «He covers multiple positions in the batting order and his wicket-keeping skills are also an added bonus as a back-up.» The 2019 runners-up have kicked off their campaign for a maiden World Cup title with a hat-trick of victories.

By Lucy Craymer

National Party led by Christopher Luxon held a strong lead in New Zealand's general election on Saturday, with 20% of the vote counted. The National Party, which is currently in opposition, had 41.4% of the votes to 26% for the current governing party Labour, according to the Electoral Commission. The conservative National Party's preferred coalition partner, the ACT party, had 9.2%. New Zealand's Electoral Commission said that National and ACT would have 63 of the usual 120 seats in parliament, sufficient for them to form a government without the help of a third minor party. However, the number of seats in New Zealand's parliament can go above 120 if a party wins more electorate seats than is proportional to its share of the party vote.

By Lucy Craymer

Reuters. Since 1996, New Zealand has employed a mixed-member proportional system.

But, one number has been largely overlooked: 96. That is the number of steps a batsman has to walk, coming down from the lofty height of the dressing room to ground zero, before he steps onto the playing surface. Once out in the middle, every player knows how to tune out of the deafening roar of the crowd and focus on the ball coming towards him.

Fletcher Building has accused Western Australia’s largest homebuilder BGC of blame-shifting and making unfounded allegations over plumbing pipe leaks in 11 per cent of new houses built in WA between 2017 and 2022 which used a specific Fletcher product.

(Reuters) — New Zealand's Auckland International Airport said on Friday Chief Financial Officer Phil Neutze had resigned, after over a decade-long stint with the country's biggest airport operator.

Rahul, spinners need to click for India KL Rahul repaid the selectors’ faith in him by producing two match-winning innings in quick succession: against Pakistan in the Asia Cup and against Australia in India’s opening match of the World Cup. He is the glue that can bind the middle order. The rate at which he is capable of scoring bolsters India’s prospects in the middle overs. His form is crucial to India’s chances in this tournament.

The major banks have survived APRA’s stress tests underscoring the strength of the banking system in a hard landing scenario of 10 per cent unemployment, high inflation, and a one-third decline in house prices.