Investment property report sparks questions

Source: Radio New Zealand

RNZ

Property investors say new research shows that they contribute significant amounts to the country’s economy – but not everyone is convinced.

Work by Infometrics, commissioned by the New Zealand Property Investors Federation, showed that private residential property investors contributed $24.8 billion to gross domestic product, or 5.9 percent of GDP, and sustained 126,000 full-time equivalent jobs.

Federation advocacy manager Matt Ball said it directly countered the narrative that property investors were unproductive.

“Providing rental housing doesn’t just produce economic activity, it’s an enabler of economic activity throughout the economy,” he said.

“A well-functioning rental market allows workers, students, and families to live where they need to be. Without private investors providing most rental properties, the economy simply wouldn’t operate effectively.”

Infometrics chief executive Brad Olsen said investors were often thought of as one singular group but there was a clear difference between speculators and property investors more generally.

“What we’ve found is that not only is there a substantial level of economic contribution and workforce that are indirectly supported by property investment in New Zealand, but the work that’s coming through, it does provide economic value in terms of places for people to live.

“The new builds that come through, the maintenance and repair spend, that’s a lot of continual year-on-year activity that emerges in the economy.

“That’s not what I think people think of when they think of property investors.”

Infometrics chief executive Brad Olsen. RNZ / Samuel Rillstone

He said investors spent $4.1 billion in the year on maintenance and improvements.

But Council of Trade Unions policy director Craig Renney said if rental housing was owned by people who lived in it, that would generate maintenance work, too.

“Let’s assume someone buys a unit of housing and they have it as a private rental and then they replace the kitchen, great, that creates GDP. But that’s making an assumption that if it was in private ownership as an owner occupied property it wouldn’t do the same thing, which is clearly not a valid thing to hold true.

“A private owner might well maintain it to a higher standard than a landlord.”

Ball said it would not be the case that the properties were all otherwise owner-occupied.

“The rental sector exists and always will, it’s just a question of how big it is.”

Olsen said in some cases there would be an element of displacement.

“But you’re still getting a fairly large amount of work that comes out sort of just constantly year on year.”

He said the research did not take into account what investment activity did to property values.

He said first-home buyers tended not to buy the cheapest properties and investors were sometimes in a different part of the market.

“The sort of flow on effects through to other parts of the economy are important and we see that probably most in terms of the sort of employment effects… we calculated that 109 different industries do see some sort of effect.

“It’s concentrated particularly around construction and given that as a large employer that’s important. But it does go through to other areas and one of the reasons that we approached the analysis the way we did was to try and provide that broader scope of what’s the sort of flow-on effects.

“It’s not just the immediate impact of property investment at day one, it’s where does that go? You know, if you’ve got those 126,000 workers that are supported by property investment, 5 percent out of the workforce, where do they spend their money?

“And then you’ve got the nearly $11 billion or so that was coming through on new builds.”

But Shamubeel Eaqub, chief economist at Simplicity, said there were wider questions to ask, and any industry could be portrayed as being large when set out in the same way.

“The issue to consider is the necessity – provision of housing – versus the margin – where additional capital goes in the economy.

“I don’t think the critique has ever been that no property ownership is good. It’s whether we have disproportionate allocation of capital – we do – that distorts the market and creates efficiency and equity issues.”

Ball said the report had been commissioned to address claims that providing rental accommodation was “unproductive speculation”, or people just buying and selling houses for profit.

“The report shows it’s not.”

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England netball coach Jess Thirlby steps down to focus on family

Source: Radio New Zealand

Jess Thirlby former head coach of England. © Photosport Ltd 2021 www.photosport.nz

England netball coach Jess Thirlby has stepped down just four months out from the Commonwealth Games in Glasgow.

She steps down with immediate effect in a decision she said was “best for me and my family”.

Thirlby had been in the job for almost seven years after replacing Tracey Neville in 2019.

Thirlby said she was stepping down in order to focus on her family.

“It is with a heavy heart that I share my decision to step down from my role as head coach at England Netball, effective immediately,” Thirlby said in a statement.

“This is not a decision I had ever thought I would have to make but I need to turn my attention onto supporting my incredible family.

“On reflection, I was mistaken to not prioritise and process the loss of my father at the time of his death, instead, and without regret, travelling with the team for the World Cup and the subsequent series in New Zealand.

“Everything I have done since has been to prioritise the England Roses and with this in mind, I feel that stepping down as head coach now is best for me and my family.”

Thirlby’s assistant Anna Stembridge will lead the side into the Commonwealth Games with former captain Olivia Murphy becoming assistant coach.

England won the Commonwealth Games gold medal in 2018 but missed out on the medals in 2022.

The Silver Ferns beat England 2-1 in their series in Britain late last year.

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‘Morning Report: ‘Sewer pit’ – Chris Hipkins looks to battle ‘absolutely untrue’ posts

Source: Radio New Zealand

Labour leader Chris Hipkins says he doesn’t think it is in anyone’s best interests to be arguing over details of his marriage break-up in public.

It comes after he rejected allegations made against him by his ex-wife.

On Wednesday, Hipkins told Morning Report says “all sorts” of additional unsubstantiated claims were now being added from parts of the internet.

He said he has sought legal advice, not about his ex-wife’s posts, but about further allegations being published online that were “absolutely untrue”.

“The online world is a bit of a sewer pit.”

He said he had worked hard to protect his family from the spotlight in politics, especially his children, and wanted them to grow up with a sense of normality.

“Our marriage broke up. That was a traumatic thing. Clearly there are always going to be lots of regrets in a situation like that.”

Hipkins denies the unsubstantiated claims.

Labour leader Chris Hipkins. RNZ / Mark Papalii

The allegations – which do not relate to any unlawful activity – were posted on Jade Paul’s private Facebook page on Sunday evening but have since been removed.

Each of the claims, which relate to accusations of a lack of support during the marriage and after, were put to Hipkins directly on Tuesday. He denied them all in turn.

Hipkins on Tuesday said marriage breakups were very difficult, and there would always be disagreements or “things that you regret” when relationships break up, but “a public forum like this is not the way to litigate those”.

Asked if his children were okay, Hipkins choked up and said: “My kids are.. my kids are with her, so I don’t know.”

Asked if the situation could be damaging for Labour, he said he hoped not, and said standing down wasn’t something he considered.

More to come…

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Person critically injured after scooter, vehicle collide in Auckland CBD

Source: Radio New Zealand

A police car seen behind a cordon as officers attend an incident. RNZ

A person has been critically injured after a scooter and vehicle crashed in central Auckland on Wednesday morning.

Police are at the intersection of Mayoral Drive and Cook Street.

The injured person has been taken to hospital.

Cordons are in place on Mayoral Drive near the intersection of Greys Avenue and Cook Street, as well as at the intersection with Hobson and Cook Streets.

Police say motorists should avoid the area if possible.

The Serious Crash Unit will attend, with a scene examination and crash investigation to begin.

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Iran war will lead to more supermarket price rises – Foodstuffs boss

Source: Radio New Zealand

RNZ

Shoppers will take another hit when the impact of the Iran war hits the supermarket shelves, a Foodstuffs boss says.

Households have already been feeling the pressure over the last year as shown by the release of new Stats NZ data.

Prices were up 4.5 percent on an annual basis in February, with mince up 23.2 percent, and sirloin steak 21.5 percent.

There have been warnings that the cost of food may rise further as producer and transportation costs increase, due to the Middle East conflict.

Foodstuffs North Island chief executive Chris Quin said before the Middle East war, two factors were driving prices up despite a drop in inflation.

New Zealand lived in a global economy and when export prices were strong, such as for red meat and fish, Kiwis had to pay more for them.

As well, bad weather hit fruit and vegetable growing.

Retail grocery prices went up around 3.7 percent, he said, which was lower than the overall 4.5 percent announced yesterday.

Supermarkets tried not to pass on all their costs and to manage their costs as efficiently as possible.

Asked if supermarkets were taking the same margin as a year ago, he said they were or were taking even less.

Regarding the Iran war, suppliers were talking about the pressure they were were under but it had not impacted on prices so far.

The cost of diesel was of particular concern both for transport and the impact it had on plastic products.

“It is unclear at this point how much of an impact it will have but it’s going to be very hard to suppress that impact depending on how long it lasts as well.”

The impact of the war was still to be felt on supermarket shelves.

“It’s a live conversation now but it’s not showing up on prices so far.”

There was no concern about getting supply as goods didn’t travel through the Strait of Hormuz, Quin said.

“It is unclear at this point how much of an impact it’s going to have.”

Quin expected that if there was fuel rationing the supermarket sector would be a priority.

He was happy with discussions underway with the government.

Fertiliser being applied on a farm. 123RF

Domestic food production a priority

The flow-on effects from the conflict in Iran are being felt by farmers.

Fuel prices are up, and the Middle East is also a major player in fertiliser trade, producing about 40 percent of the world’s nitrogen fertilisers.

That’s a double hit for arable farmers, who rely on fertiliser to grow crops and diesel to run their machinery.

Federated Farmers arable chairperson David Birkett said without a doubt food prices would increase due to the conflict’s impact.

Higher costs of processing and transport were the two key factors, he told Morning Report.

If there was to be any rationing of diesel, farmers should be among those on the priority list.

“Domestic food production should be given some level of prioritisation when it comes to fuel.”

The arable sector was the biggest user of diesel, Birkett said. Harvesting was almost finished and crops would then be resown.

“The diesel price has affected us straight away, which is quite interesting given that the government says we have six weeks’ supply on hand.

“Yet the price goes up instantaneous when the war starts so there’s obviously some cost recovery being done there from the fuel companies I’d imagine.”

If diesel was rationed, that would be “a real challenge” for farmers, especially arable farmers who needed to use machinery.

The two main fertiliser cooperatives have indicated they already have supply to last through autumn which meant settled prices for “a little bit”, Birkett said.

However, for the peak demand time of spring, farmers were already concerned about both supply and price.

He did not expect prices to rise as high as the pandemic when prices doubled after all production stopped.

“Time will tell I guess.”

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Morning Report live: Chris Hipkins faces questions after rejecting claims by ex-wife

Source: Radio New Zealand

Labour leader Chris Hipkins. RNZ / Mark Papalii

Chris Hipkins is speaking to Morning Report shortly. You can listen on the player above, your app or your local RNZ frequency.

Labour leader Chris Hipkins is set to face question on Morning Report after rejecting allegations made against him by his ex-wife.

The allegations – which do not relate to any unlawful activity – were posted on Jade Paul’s private Facebook page on Sunday evening but have since been removed.

Each of the claims, which relate to accusations of a lack of support during the marriage and after, were put to Hipkins directly. He denied them all in turn.

Hipkins said marriage breakups were very difficult, and there would always be disagreements or “things that you regret” when relationships break up, but “a public forum like this is not the way to litigate those”.

Asked if his children were okay, Hipkins choked up and said: “My kids are.. my kids are with her, so I don’t know.”

Asked if the situation could be damaging for Labour, he said he hoped not, and said standing down wasn’t something he considered.

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Surge in prison sexual assault allegations linked to new complaints system, Corrections says

Source: Radio New Zealand

The highest number of sexual assault allegations made by prisoners against staff in the 2024/25 financial year was recorded at Auckland Prison. RNZ / Samuel Rillstone

The Department of Corrections says a sharp rise in allegations of sexual assault by prisoners against staff is largely due to the introduction of a digital complaints function on in-prison kiosks.

However, a prisoner advocacy group says the increase reflects longstanding issues that were only now becoming visible.

Figures released to RNZ under the Official Information Act show there were 615 allegations of sexual assault made by prisoners against staff in the 2024/25 financial year, with the highest numbers recorded at Auckland Prison (152) and Mt Eden Corrections Facility (127).

However, Corrections said the “overwhelming majority” of those complaints were not substantiated.

Of the total, 343 were recorded as entered in error, 82 were withdrawn by prisoners and 99 were referred to alternative complaints processes because they did not relate to staff misconduct. The figures show 91 were not upheld, while just three allegations were upheld and one resulted in Police charges.

So far in the 2025/26 financial year, 153 allegations had been recorded, with similar trends in outcomes.

Corrections attributed the increase in complaints since 2023 to a new feature added to prisoner kiosks, allowing inmates to directly submit allegations against staff.

The President of the Corrections Association, Floyd Du Plessis, described the kiosks as fixed, wall-mounted touchscreen terminals available to prisoners in day rooms.

“They’re similar to an iPad-type system,” he said. “They’re bolted to the wall, and prisoners can access them during the day.”

Through the kiosks, inmates could communicate with case managers, request to speak with staff, access information, order canteen items and lodge complaints.

The complaints function covered a wide range of issues, from prisoner rights and general concerns to allegations about staff conduct, Du Plessis said.

Corrections said the kiosks also included a free-text field, which the department said had shown many complaints categorised as sexual assault were not, in fact, allegations of that nature.

Du Plessis said in his view many of the complaints were “malicious” or stemmed from misunderstandings of routine prison procedures.

He pointed to examples where prisoners had made sexual assault allegations following standard rub-down searches, which were part of daily safety protocols.

“There’s nothing sexual in that … it’s just a duty staff have to perform,” he said.

“While we do have a small number of these complaints that do come through, it is very small, and most of the allegations that do come through end up having no result because there’s no substance or basis to it,” he said.

The union wanted a limit on the number of complaints a prisoner could file each day.

“At this point, removing the complaints wouldn’t be reasonable … but potentially limiting the number of complaints a prisoner can make on any day – absolutely,” he said.

Du Plessis said complaints were initially assessed by senior officers, with further action depending on their seriousness. In some cases, staff could be reassigned or suspended while investigations were carried out.

He said access to CCTV footage often allowed incidents to be reviewed quickly.

“If it’s blatantly malicious, then it can very quickly be resolved and the staff member is not affected,” he said.

‘Kiosks didn’t cause the problem’ – advocate

However, People Against Prisons Aotearoa spokesperson, Dr Emmy Rākete, rejected the suggestion that kiosks were behind the rise in allegations.

People Against Prisons Aotearoa spokesperson Emilie Rākete. RNZ / Mabel Muller

“The introduction of digital kiosks has allowed the full extent of this problem to finally be visible for the first time,” she said.

“The kiosks didn’t cause an increase to occur. They’re just letting us get a clearer view at how many people in prison feel that they’ve been sexually violated by Corrections staff.”

Rākete said her organisation’s advocacy work with prisoners meant the figures were “not surprising”.

“It’s broadly in line with what incarcerated people have been telling us … that this is a problem, that this happens and that when it does happen, there are very few avenues to address it.”

Rākete also questioned Corrections’ interpretation of the data, particularly the high number of complaints that were withdrawn or not upheld.

“To point to every complaint that didn’t end in an investigation or charges being placed and say that it was frivolous, that doesn’t really hold a lot of weight with us,” she said.

She said prisoners’ dependence on staff could influence whether complaints proceeded.

“People in prisons are totally dependent on the institution … they are totally vulnerable to people running these institutions.”

Rākete said withdrawals should not be taken at face value.

“If I was raped in prison by a prison guard and I finally had an anonymous means to place that complaint and someone came knocking on my door … I can think of a lot of ways that I could be compelled to withdraw that complaint.”

She called for stronger independent oversight of complaints.

“There needs to be clearer external means of investigating and protecting the rights of incarcerated people.”

Private prison data missing

Corrections noted that the figures did not include Auckland South Corrections Facility, which was operated by Serco New Zealand under a public-private partnership and maintained a separate complaints system.

Rākete said that raised serious concerns about transparency and accountability.

“People have a right not to get raped … the Crown can’t subcontract out work that violates people’s rights to private contractors and wash its hands of the situation.”

She said the public had a right to know how many allegations were being made in privately run prisons.

Rākete said the spike in complaints following the introduction of kiosks should be treated as a warning sign, not dismissed.

“The fact that as soon as Corrections provided a more anonymous means of reporting sexual violence … there was an immediate uptick in reports … should be very concerning.

“That to me indicates that there is a problem here that this new system has made visible for the first time.”

The Department of Corrections was approached for comment.

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Is Nicola Willis’s ‘worst-case’ scenario not bad enough?

Source: Radio New Zealand

Finance Minister Nicola Willis. RNZ / Mark Papalii

Finance Minister Nicola Willis might be being optimistic if she thinks inflation at 3.7 percent is a “worst case scenario”, one economist says.

Willis told media on Monday that in the event of a prolonged conflict in Iran, lasting until the end of the year, inflation could hit that level, as modelled by Treasury.

Infometrics chief forecaster Gareth Kiernan said that seemed light.

Data on Tuesday showed food prices up 4.5 percent over a year, alcohol and tobacco up 0.2 percent month-on-month and electricity up 1.6 percent month-on-month, a bigger jump than expected. Domestic airfares were up 12.8 percent compared to January and more than 10 percent over a year.

“It just makes me a bit nervous in terms of how realistic it is to expect inflation to moderate through the course of this year.

“There are so many little bits you can look at and go oh there’s issues there … which suggests it’s going to be perhaps more difficult to get it back down to 2 percent than the Reserve Bank might have been anticipating.”

He said he would be redoing forecasts over the next couple of weeks and would increase his expectations.

Infometrics chief forecaster Gareth Kiernan. RNZ / Rebekah Parsons-King

“My instinctive reaction to the number from the Finance Minster yesterday of 3.7 percent being a worst-case scenario … it felt too light to be a worst-case scenario.”

At ANZ, senior economist Miles Workman said the bank’s had updated its forecast.

“The Middle East conflict is no longer shaping up to be a short, sharp shock.”

It now thinks inflation will peak at an annual rate of 3.6 percent in the third quarter of the year, with oil prices hovering around US$100 a barrel for some time yet before falling again towards the end of the year.

“Base effects, together with the assumption that oil prices eventually normalise, see annual inflation troughing at 1.4 percent in Q3 2027 before stabilising around 2 percent over the medium term. There are risks on both sides of this.”

Westpac said it now did not expect inflation to get below 3 percent until the end of the year.

Mike Jones, chief economist at BNZ, said it would be the second quarter data on for inflation that bore the full brunt of the direct effect of rising fuel prices, although there would be some impact on the March month of the first quarter.

“Things are clearly still moving around but we recently bumped up our Q1 inflation forecast to 2.9 percent , with Q2 rising to 3.6 percent.

“As always there are overs and unders to balance [from Tuesday’s data] … But we’re left with a bit of upside risk on that 2.9 percent forecast for Q1. We didn’t see quite the extent of seasonal declines in fresh fruit and vegetable prices we’d factored in.”

ANZ said it did not think the change to the outlook for inflation would affect its official cash rate predictions yet.

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Anxious, desensitised: How teens learn about news now

Source: Radio New Zealand

When 18-year-old Wellington student Estella wants a different take on the latest war in the Middle East – or the conflict in Palestine or the Ukraine invasion – she has a quick scroll through her boyfriend’s social media feeds.

Even though they share similar political views, his feed tends to skew to the political right, whereas her feed leans to the left. This aligns with an emerging political pattern: young women, including those in New Zealand, are significantly more likely to identify as left-wing than their male peers.

His feed has more “action” footage like bombs exploding and fighter jets screeching through the sky. The videos on Estella’s feeds pull at the heartstrings with victims, including children, being pulled from bombed-out buildings.

An example of content from the current Middle East war on the social media feed of a New Zealand teenager.

supplied

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Speed limit confusion: NZTA reverses hundreds of fines

Source: Radio New Zealand

Motorists had received fines for driving above 30km/h on 16 November. File photo. RNZ / Samuel Rillstone

Hundreds of speeding fines issued on a single day in Lower Hutt have been cancelled and refunded, after NZTA Waka Kotahi decided road signs had created confusion about the speed limit.

The transport agency issued 279 fines for speeding captured by a mobile safety camera on Rata Street on 16 November.

Motorists had received fines for driving above 30km/h on that day. Some had even been issued multiple fines for the same day.

Locals complained online and to the agency, saying road signs did not make a 30km/h limit clear.

A variable speed limit sign near Rata Street School, which caps the speed at 30km/h during school drop-off and pick-up times, created confusion as to what the speed limit was outside of these times.

Another sign further down the street signals a 30km/h limit but has a ‘Kura/School’ warning on it, implying there is another school zone, despite not being near a school.

Nikki Anglesey was fined $170 for going 51km/h down the road, which she thought had a limit of 50km/h, as there were no schools near where she was driving and it was a Sunday during the summer school holidays – well outside of school pick-up and drop-off times.

“It’s the first time I’ve had a speeding ticket in forever. I was kind of shocked because of the amount.”

She originally “shrugged it off” but decided to challenge the fine because she thought the signs were “really not clear”.

After Anglesey’s appeal was rejected, she requested more details about where the camera was and on what basis the fine was issued.

“I got very vague responses to that,” she said.

Anglesey consulted the NZTA’s website to find out the speed limit on Rata Street, but was given conflicting answers.

“If you click on the street, it will say 30[km/h], but if you put in your address, it will say 50[km/h].”

She decided to apply to go to court. But the case never got that far.

Following a review by NZTA, the transport authority decided on a blanket reversal of all fines for that day, acknowledging that signs had “created a genuine uncertainty”.

“NZTA acknowledges that the speed limit signage in place at this site was not clear,” it said in a statement.

“Concerns were raised by affected drivers that the different signs caused confusion about the time period that the 30 km/h speed limit was enforceable. We accept this situation was confusing for drivers and this is why we rescinded the infringement notices we issued.”

Anglesey found the letter notifying her of this decision “interesting”.

“They don’t give you much detail, but they said: ‘we’ve changed it because of public feedback’. That’s kind of weird. Shouldn’t you change it because the signage is not right? Or because no one still knows what the speed is on the street?

“Somebody, whoever’s in charge, needs to make a decision on what the speed actually is and whether that’s consistent for the whole street.”

Anna Chinn, an RNZ staffer, received three fines for that Sunday, when her partner had been driving.

“I have had maybe in my entire adult life two speeding tickets. That’s news to us that it’s 30[km/h] all the way on Rata Street.”

Chinn was ecstatic when she found the fines had been cancelled or were being refunded.

“Getting three speeding fines refunded is just like three Christmases coming at once.

“I’m grateful to everybody who had the capacity and went the whole hog and made sure that NZTA refunded those tickets.”

Speed limit changes causes confusion

Rata Street had a 50km/h speed limit outside of the school zone up until 2024, when the limit on the street was reduced to 30km/h.

In January 2025, the central government required local councils to reverse all speed limits lowered since January 2020 back to their previous limits by 1 July and introduce variable speed limits outside schools during pick-up and drop-off times.

Outside Rata Street School, the speed limit is 30km/h at all times.

The council is rolling out speed limit reversals near schools in batches, with Rata Street School in the third and last one.

Streets with schools in the first batch had speed limits outside of drop-off and pick-up times revert to 50km/h in January. Those in phase two are currently implementing changes.

A Hutt City Council spokesperson said: “There are variable speeds on Rata Street and motorists need to be vigilant especially when driving past the schools on this street.

“We are making some changes that will make things clearer for motorists and we have been in touch with the community about this.”

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