All Whites looking beyond history-making farewell win

Source: Radio New Zealand

All Whites Eli Just and Kosta Barbarouses. www.photosport.nz

If the All Whites did not have bigger challenges on the horizon a history making win over Chile might have been more than a footnote in the broader plan.

Wanting a statement victory on home soil during a send-off ahead of the Football World Cup, a 4-1 win over a team from a region as strong as South America was a way to do it. Even if the visitors were down to 10 men after 27 minutes.

The All Whites had not beaten a South American team in 19 previous attempts.

New Zealand had not beaten any team in their last eight games.

The last time the All Whites scored more than three goals was a year ago.

While Chile failed to qualify for the World Cup, a win over the world number 55 side is a scalp that Darren Bazeley’s side can take confidence from as they look ahead to a group at the World Cup that includes Iran, Egypt and Belgium.

Immediately after the game at Eden Park, Bazeley had mixed feelings about how the Fifa Series had played out after a disappointing loss to Finland on Friday.

“We wanted to win both games,” Bazeley said.

“We don’t get too carried away with tonight, we didn’t get too carried away with the Finland result. We know these games are what they are and we still know we’ve got a lot of work to do before the World Cup.”

All White Joe Bell wants wins. Andrew Cornaga/www.photosport.nz

Timing can be everything and winning can be a habit and experienced midfielder Joe Bell believed the All Whites were going to peak at the right moment.

“It takes time changing that mentality when you play against teams like Chile and these top opponents to recognise that it’s beyond an expectation to perform against them and maybe get a draw, it’s the drive to try to get wins and results.

“We’re going to take confidence from it. I think we’ve been building in confidence, and it’s been a long journey that we’re trying to time correctly going into the World Cup, that we’re a little bit more result-focused now than the performance.”

Goal scoring had been one of the All Whites’ challenges in recent times. So to get four different players’ names on the scoresheet – Kosta Barbarouses, Eli Just, Ben Waine and Jesse Randall – was not only good for the individuals who were wanting to make an impression ahead of the naming of the World Cup squad but also for a team playing without their injured captain and leading goalscorer Chris Wood.

“I’m not expecting some magic pill that suddenly we’re going to start scoring four goals every game, but I think we’re going to take a lot from this game,” Bell said.

“I think we can all agree that we looked far more aggressive, we were creating more chances, and that’s been something that we’ve been focused on for a long time now.

“So we’re going to have to stay focused, take the learning points, and just continue it.”

Match referee Michael Oliver shows Dario Osoria of Chile the red card against the All Whites. Andrew Cornaga/www.photosport.nz

The memory of the upset win over Chile on a drizzly Monday night in Auckland in front of over 13,000 fans, many of whom were supporting Chile, will be fresh in the players’ minds when they reconvene with the national side in June.

Bazeley points out that whenever the team goes into camp they look at their last performance. Even though he thinks the team will have learnt more from the Finland loss than the Chile result, the win will still get plenty of video review time.

“It’s not easy playing against 10 men. Sometimes that becomes even harder, especially against a South American team that’s probably got the ability to play with 10. So I thought we were pretty comfortable doing that,” Bazeley said.

But not every player who will be part of the review will have played in the victory.

By mid-May Bazeley has to have finalised his 26-man World Cup squad and with six players missing the Fifa Series through injury, some players who were involved in the two games in Auckland will not be at the World Cup.

Bazeley said all players were getting the same message when it came to World Cup selections.

“We’re in contact with the wider group of players that we monitor.

“These guys were here with us but they’re not receiving different messages to players that are not here, including Chris Wood and other players on that long list.

“We’ll be close to confirming our pre-World Cup schedule soon, because we’re close to confirming another [warm up] game.

“Then we’ll get the dates of when the squad needs to be selected by and obviously get that out to the players so everybody knows.”

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Nurses caring for killer mistakenly believed he was there for ‘respite’

Source: Radio New Zealand

Leslie Raymond Parr killed his mother in 2024, more than two decades after killing his partner Fiona Maulolo in 1997. Supplied

Nurses caring for a killer at a forensic inpatient unit mistakenly believed he was there for “respite” as his notes were not accessible to them, a review into his care has revealed.

This meant the man, Leslie Parr – who killed his ex-partner in 1997 – did not receive a “comprehensive” mental state assessment required to identify any underlying symptoms of psychosis.

Five days after he was released back into the community he killed again, this time his mother.

The review also revealed that Parr, who had a diagnosis of schizophrenia and substance use disorder, tested positive for cannabis when he was admitted to the facility.

RNZ earlier revealed Leslie Raymond Parr killed his mother in 2024, more than two decades after killing his partner Fiona Maulolo in 1997.

Do you know more? Email sam.sherwood@rnz.co.nz

The revelations of a second killing prompted the Chief Victims Advisor to call for a Royal Commission of Inquiry into forensic mental health facilities.

Fiona Maulolo Supplied

A “high-level” summary report into the case was released by Health New Zealand after the Supreme Court dismissed Parr’s application for leave to appeal a decision declining name suppression.

The report said Parr, referred to as “Person A”, had a diagnosis of schizophrenia and substance use disorder (mainly cannabis and alcohol).

Parr was released back into the community in 2012 as a special patient to independent living under the care of the Forensic Community Mental Health Team (FCMHT). Then, in 2021, his legal status was changed from special patient to being managed under the Mental Health Act under a Community Treatment Order.

The order required a patient to attend for treatment and accept treatment as prescribed. However, he was also no longer subject to the same restrictions as a special patient and had declined to continue with urinary drug screening (UDS) tests, did not want FCMHT to engage with whānau; had declined consent to whānau being provided with a copy of his wellness plan and had declined home visits by the FCMHT.

On 23 May 2024, Parr was arrested following an assault of a relative. The report said the co-response team contacted the Mental Health After Hours Team and after a crisis mental health assessment Parr was admitted to an inpatient stay at Stanford House, an extended secure forensic inpatient unit, for a period of assessment.

He remained as an inpatient for a week before being discharged to resume community care under the FCMHT on 30 May.

A follow-up appointment was arranged for 4 June. He arrived about midday and was administered his usual medication.

Later that afternoon a relative called Parr’s case manager to raise concerns about Parr’s mental health.

The case manager provided the relative with the responsible clinician’s phone number and updated them of the relative’s concerns. An appointment with Parr’s clinician was organised for 48 hours later.

In the early hours of 5 June Parr was arrested for killing his mother a day prior.

The report included the findings and recommendations of an external review of services provided by Central Forensic Mental Health Services team(CFMHS), an internal review of the services provided by Stanford House by Whanganui Mental Health Services, and a services review by the FCMHT, CFMHS and Whanganui Mental Health Services more broadly.

The findings of the internal review of services provided by Stanford House said the admission process was “safe” with the appropriate outcome of a directed period of admission.

“Some aspects of the procedure were identified as ‘grey areas’ needing clarification for future admissions”.

However, there was a “lack of clarity of the location and purpose of admission”.

The responsible clinician who was employed by CFMHS entered notes into the Mental Health, Addiction and Intellectual Disability Service (MHAIDS) patient system.

“The notes were not accessible to the Stanford House nursing staff and they did not see the Responsible Clinician’s assessment of Person A or the plan for the admission.

“This led to a misinterpretation by the staff that Person A was at Stanford House for respite/reset and did not receive the comprehensive mental state assessment that was required to identify any underlying symptomatology of psychosis.”

The review recommended establishing a process to ensure intentions of the psychiatrist, the Director of Area Mental Health Services and responsible clinician around admission location to Stanford House and the purpose are clearly communicated to all staff.

It also recommended working with the Mental Health Medical Directors with oversight of MHAIDS and Whanganui clinicians to develop a standardised section of the admission documentation to include a comprehensive plan to cover the first 48 hours of assessment, care and treatment on admission.

The review also found that Stanford House staff were not recently trained or experienced in providing the more acute forensic care required for patients who, like Parr, were admitted urgently unplanned.

“Documentation of mental state assessments was inconsistent across shifts. Evaluating underlying aspects of mental state for any clinician viewing consecutive shifts documentation of mental state was not achievable because there was insufficient detail recorded.

“The inpatient care plans are not fit for purpose and lacked sufficient details in goals, interventions, and evaluations significantly limiting the effectiveness of assessment and observation and the overall depth of the understanding of ‘what was going on for Person A’.”

It was recommended the Stanford House nursing staff were upskilled in thorough, more acute mental state assessment and consistent documentation of the acute forensic patient.

The review also revealed that when Parr was admitted to Stanford House on 23 May he was directed to provide a UDS sample. This was the first time he’d been directed to do so since December 2022 as testing was no longer required or made a condition once he ceased being a special patient. He had also “consistently refused” to consent when being asked to previously.

“The sample taken at Stanford house tested positive for cannabis.”

The review recommended ensuring community forensic pathway patients were “well supported” by Alcohol and Other Drug (AOD) clinicians if they have or develop substance use problems.

It was also recommended they engage all community clinicians in discussion regarding a successful way of negotiating with patients, at the time of reclassification, that would “motivate and move them” to provide urine drug screens when there was a high suspicion of alcohol and other drug use.

There was also “limited face to face whānau involvement” in Parr’s wellbeing plan.

“Family were not present at discharge hui despite having valuable insight into Person A’s substance use and daily challenges.

“Standards emphasise the expectation of active involvement of patient’s whānau in their care where possible.”

The findings of the external review, which the report said was still being finalised, included that FCMHT did not uphold MHAIDS Whānau Framework and Whānau Participation Policy and that there was an absence of senior medical staff and diffuse clinical leadership.

“Throughout and prior to the period of investigation there was a lack of a specialist psychiatrist within the FCMHT.”

Concerns were also raised in the review regarding the model of forensic community care.

“There was discrepancy between senior leadership views of the role and purpose of the forensic community team and those of clinicians. There were also differences in understanding and expectations regarding urine drug screens (UDS).”

There was also no agreed Service Level Agreement in place that described the relevant roles and responsibilities of Whanganui District and CFMHS in the care of forensic community clients in Whanganui.

“Due to well-established and collegial relationships, all parties worked in a coordinated manner through the review period. However, the complexity of the interservice relationships created gaps in service delivery.”

The review also found that not all FCMHT team members who interacted with Parr documented the interactions in the notes on a regular basis.

The external review had four “positive findings” including that FCMHT staff made “good efforts” to integrate key information across the separated clinical records of CFMHS and Whanganui District.

The review also said after Parr killed his mother there was “excellent collaboration” by all parties including police and crisis mental health services to ensure Parr was “safely transferred to an appropriate acute forensic inpatient setting as quickly as possible”.

Several recommendations had been identified as a result of the reviews. They were grouped into six themes including whānau engagement, clinical leadership and senior medical staff and model of forensic community care.

In response to questions from RNZ on Monday about the report HNZ national director of mental health and addictions Phil Grady said the reviews identified the practical and legal challenges of enforcing urine drug screening for people receiving care in the community under a Community Treatment Order.

“As a result, the reviews recommended that services clearly set out expectations and processes for urine drug screening for all relevant clients. Work to implement this recommendation is underway.”

In relation to nursing staff believing Parr was at Stanford House for “respite”, Grady said the reviews characterised this is a “system and process issue, rather than an individual failure”.

He said the reviews also highlighted several “improvement areas to reduce the risk of similar misunderstandings in the future”.

“The reviews found that a gap in information‑sharing contributed to misinterpretation of the purpose of the admission and affected how assessment processes were carried out during the admission period.

“These findings form part of the overall learning from the reviews and underpin several of the recommendations focused on assessment processes, documentation, and communication between services. Health NZ is actively progressing implementation of review recommendations.”

Chief Victims Advisor Ruth Money told RNZ on Monday she remained “very concerned about the length of time these reviews and then subsequent implementation of actions take”.

“Each review identifies similar issues to the last, which is why an independent inquiry across all regions that establishes nationwide best practice and improvement actions that are mandatory is my continuing advice to the Government.

“While this environment is complex, the multiple incident reports highlight that tragic events like this are preventable. Improvements should be made proactively, not reactively after someone has been tragically killed.”

Grady earlier said HNZ recognised that questions had been raised about aspects of Parr’s care and the decisions made at the time.

“These were complex clinical decisions based on the information available, and the external review has carefully examined those concerns.

“Where the review has identified areas that could be clearer or stronger, such as expectations around drug screening, information sharing, and clinical oversight, we are acting on those findings to improve consistency and strengthen practice across the service.”

An external review of the care Parr received was being finalised.

“We are committed to implementing any recommended changes so that we continue to strengthen the quality and safety of the care we provide.”

Director of Mental Health Dr John Crawshaw earlier said once the external review is available, he would consider whether any further actions were required.

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Care workers’ unions take Health NZ to court over travel costs as petrol prices soar

Source: Radio New Zealand

Great Barrier Island care worker Kerris Adlam. Supplied

Care workers’ unions are taking legal action against Health NZ, with carers in remote areas saying the price of petrol is so high they are losing money visiting their more remote clients.

The Public Service Association (PSA) and E tū have jointly filed an Employment Relations Authority claim against the health agency on the basis that it is illegal for employers to dictate how workers spend their money, yet the agency requires workers to pay for fuel and car maintenance.

The health agency denies carers are their employees, telling RNZ vehicle matters were the responsibility of third-party contracted providers.

Great Barrier Island workers driving hundreds of kilometres to see remote clients

Support worker Kerris Adlam lived on Great Barrier Island, where the price of petrol had reached $4.50 a litre, and diesel was not far behind.

She worked for Aotea Family Support Group, a charitable trust whose clients ranged from the injured or elderly, to those with mental health issues, to those needing palliative care – basically, anyone who had been allocated care hours by Te Whatu Ora.

Unable to afford the travel costs, Adlam told RNZ she had recently pared back her hours to three days a week, and was now driving a total of 164 kilometres, seeing three to four patients a day.

“I’ve budgeted myself now $60 a week for diesel, and now it doesn’t cover my costs”, she said.

Right now, Health NZ covered some of the fuel costs – namely, travel between clients. But it did not cover the cost of getting to that first client or getting home again, or taking the client to the supermarket or appointments.

The health agency funds the trust, which pays the carers.

By Adlam’s maths, she was getting just over 50 cents per kilometre, which did not come close to covering her costs.

“I jam as many people in as I can,” she said. “And the problem with that is […] I’m having to lump those care hours together, which means in the long run, their care is kind of unbalanced.

“Some people might need multiple visits during the day, but you just can’t do it, you can’t justify it, because you don’t get paid – you’re paying to have a job.”

She said care worker’s salaries had been low for a number of years now, and the price of fuel had just widened the gap.

“We’re not asking for a massive pay raise, we just want to be paid fairly. Which is, if it costs that much to go to someone’s place, then you pay them it.”

If not, some carers might start refusing to travel to far-away clients.

“We’re going to start seeing tragedies, we’re going to start seeing people not getting the care they need.”

Aotea Family Support Group general manager Angeline Young explained that mileage to travel between clients was covered, but trips to the first client of the day and home from the last were not.

Nor were trips to take clients to the supermarket or appointments.

“A lot of our clients don’t actually have vehicles,” she said. “We don’t have a public transport system on the island, so unless the care worker is taking them, they don’t get to go.”

While some carers were doing it tough, Young said she would not let affect their clients.

“If I can’t get more money out of Health New Zealand, I will use our crisis fund, because that’s what it’s there for.”

The charity had recently trailed a shuttle service for seniors to travel from the end of the island to the middle, using a small amount of one-off funding, which had been successful.

That could be expanded out, Young said, to take the burden of acting as a taxi off care workers.

Unions take legal action on basis of Wages Protection Act

The PSA and E tū were seeking a declaration from the Employment Relations Authority that Health NZ had not complied with the Wages Protection Act, affecting about 23,000 home support workers.

They were arguing that since HNZ was the funder of all home support workers, it was in a legal sense the controlling third party and therefore in breach of the section which said employers were not entitled to impose any requirement on any workers about how wages were spent.

According to the court documents, care workers were paid amounts ranging from the minimum wage up to approximately $29.10 an hour.

PSA national secretary Fleur Fitzsimons. RNZ / Samuel Rillstone

PSA national secretary Fleur Fitzsimons said by forcing workers to fund their own vehicle costs and accepting a mileage allowance that had not been increased in four years, the health agency was effectively dictating how workers’ wages were spent.

“These workers are providing an essential public service, funded by Health NZ,” she said. “They are among the lowest-paid workers in the country and had their pay equity claim cancelled. Yet they are the only publicly funded workers required to supply and maintain such significant tools of their trade as a car.”

They were seeking a declaration from the ERA that Health NZ had not complied with the Wages Protection Act.

She said Health NZ had the power to lift the mileage rate – which had not changed since 2022 – and it should do so with urgency.

HNZ denies care workers are their employees, puts onus back on providers

In a statement, HNZ’s Martin Hefford, acting director for funding, community and mental health, denied that care workers were employees of the health agency.

“In situations where Health New Zealand purchases home and community support services, the workers are employed by the contracted provider, not by Health New Zealand,” he said.

“The use of vehicles, and other employment agreement terms are a matter for the third-party provider that employs the workers.”

He said HNZ’s current funding arrangements recognised cost pressures faced by providers and their workforces, including fuel costs.

“Health New Zealand is currently considering funding settings for 2026/27, including the impact of rising fuel prices on third party providers.”

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Maritime NZ detains Bluebridge’s Connemara ferry in Wellington after inspection

Source: Radio New Zealand

Bluebridge ferry the Connemara berthing at Picton wharf, helped by a tug, after earlier hitting the wharf while attempting to berth. RNZ/Anthony Phelps

Maritime NZ has detained Bluebridge’s Connemara at its Wellington berth after more than a week of cancelled crossings.

It has been 10 days since a technical fault forced the suspension of the ship’s services.

Connemara – which usually sailed four times daily – had not crossed the Cook Strait since 21 March, with cancelled sailings leaving passengers frustrated and scrambling to find alternative travel.

Maritime NZ said Connemara was detained following a “Port State Control Inspection” on Friday.

“As a result of findings identified from the inspection process, a decision has been made to detain the ferry.

“Currently, the ferry is berthed at Wellington, and the detention notice means it cannot sail until the notice has been lifted,” it said.

Neither Bluebridge nor Maritime NZ provided details on what the technical fault was.

StraitNZ Bluebridge spokesperson, Will Dady confirmed the detention but still hoped to return Connemara to scheduled services by Tuesday evening.

“We’d like to again apologise and reassure our customers we’re doing everything we can to get back to our regular service as soon as possible.”

A spokesperson for Maritime NZ said Bluebridge was responsible for making the repairs and sailings could only resume once the detention noticed had been lifted.

They said Maritime NZ appreciated the impact of continued cancellations on people and freight.

“Once the issues have been rectified and checked and approved by its classification society surveyor, its flag state (Bahamas), and our inspectors, we will remove the detention.”

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How many self-employed people are earning less than minimum wage?

Source: Radio New Zealand

Many self-employed people are earning less than the median wage. (File photo) 123RF

Self-employment is not proving a path to higher incomes for many New Zealanders, new data from Inland Revenue shows.

Many self-employed people were earning less than the median wage, and more than half of those for whom it was their main income stream were not even earning the minimum.

The data supplied to RNZ shows the median income among people who report wages or salaried income in the 2024 tax year was $62,115.

Self-employed people whose self-employed income was more than 50 percent of their taxable income had a median income of less than $45,000.

People reporting business income, and self-employment as a lesser part of their income, had median incomes in line with wage and salary earners.

More business income-earners were at the top end of the income scale.

Inland Revenue said 70 percent of people who reported self-employment income as more than 50 percent of their taxable income were earning less than the median income of all workers, compared to 58 percent of those earning wages and salaries and 55 percent of those with business income making up the majority of their earnings.

In addition, 53 percent of those who were primarily self-employed were earning less than the median wage.

Infometrics chief forecaster Gareth Kiernan said it could reflect the progression of a new business.

“When a person starts out, some will form companies, but many will just work for themselves – and then as their workload increases, they start to take on other people and/or progress to a different trading model, meaning that they shift into the business income categories instead.”

At the University of Otago, economist Dr Murat Ungor said there was a clear skew in the data.

Dr Murat Ungor. (File photo) Supplied

“The lower-income pattern emerges specifically when you narrow the focus to the unincorporated self-employed.

“Their overall median is $50,446, and among those for whom self-employment makes up more than half of total income, it falls further to $44,721; below even the all-individuals median of $45,232.

“By contrast, those who combine self-employment with wages report a much healthier $54,875. The skew, in other words, is concentrated among people whose primary source of income is self-employed income/sole-trader activity.

“Roughly seven in ten people who depend mainly on self-employment report taxable incomes below the national median wage, compared with fewer than six in ten wage earners. One might interpret this as a meaningful gap.”

He said there could be an element of how income was reported affecting the data.

“A salaried employee earning $70,000 typically reports close to that full amount as taxable income, whereas a sole trader invoicing $100,000 or more may deduct vehicle expenses, home office costs, depreciation, subcontractor payments, and prior losses before arriving at a taxable figure, which might land in the $40,000 to $60,000 range despite strong underlying turnover.

“The remainder of the gap reflects genuine earnings volatility. Seasonal work, contract gaps, business start-up losses, and part-year trading all make annual taxable income look weaker for sole traders than for wage earners with stable PAYE salaries.”

He said tough economic conditions recently probably amplified patterns that were already present.

“The lower-income skew among primarily self-employed individuals seems to be a persistent structural feature of how sole-trader income is measured and reported. That said, difficult economic conditions would make it more pronounced, increasing the share of people in the early-loss or low-revenue phase at any given time.”

He said some of the people reporting income of less than $20,000 a year, for example, could be early in their business life.

“Interest rates were high throughout this period as the Reserve Bank sought to reduce inflation by constraining demand, and economic growth was low or even negative in each quarter.

“Someone launching a business in that environment would plausibly show low or nil taxable income in their first filing, not because the business model is flawed, but simply because the conditions were tough and start-up costs absorbed early revenue.

“In general, in many countries, when employment markets tighten, some people move into self-employment not entirely by choice. This kind of reluctant or necessity-driven self-employment tends to produce lower and more volatile incomes than planned entrepreneurship. It seems reasonable that this pattern could also apply to New Zealand during a difficult economic cycle.”

Simplicity chief economist Shamubeel Eaqub said there could be a lot of variation in people’s experience of self-employment.

Simplicity chief economist Shamubeel Eaqub. (File photo) Supplied

“There some industries like arts, recreation, where you have to be a self-employed person to be able to do your job, right? If you think about, you know, if you’re a personal trainer, for example.

“And the issue with that data is that we just don’t have any idea what it is that they do, whether it requires a lot of capital outlay, if it doesn’t, how long they work, that kind of stuff.”

He said any costs that were being claimed to reduce income would be business costs reducing what people earned.

“It’s interesting that those people who tend to own businesses tend to have incomes that are a bit more top-heavy versus those who tend to be self-employed and wage earners are somewhere in the middle.”

Hnry chief executive James Fuller said income was not always the primary reason for pursuing self-employment, and when combined with those who earned business income, self-employed people were on average earning more than those working for other people.

Hnry chief executive James Fuller. (File photo) Supplied/Hnry

“While the varied nature of self-employment, encompassing a wide range of sectors and job types including, but not limited to, midwives, personal trainers, doctors, tradies, travel and tourism, gig workers, contractors, and side hustlers, makes it challenging to definitively provide the average earnings of a self-employed person; the data from Stats NZ relating to the income of those who are self-employed and do not have employees is the most representative and reliable measure of earnings across various sectors.

“Findings in the independent Sole Trader Pulse show that many sole traders consider factors beyond earnings in their decision to be self-employed, the October 2025 STP revealed that 46 percent said they had chosen to be self-employed to avoid being employed by someone else altogether and data from June 2025 showed that 76 percent valued the flexibility to choose the way they worked, as a result of being a sole trader.”

He said a desire for more flexibility, control and work-life balance were often drivers in the decision to pursue self-employment.

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Economic recovery likely delayed until 2027 due to Middle East conflict – report says

Source: Radio New Zealand

ASB has re-written its economic forecasts. (File photo) 123RF

  • ASB rewrites forecasts because of Middle East conflict
  • Slashes 2026 growth forecast to 1.3 pct from 2.9 pct
  • Raises inflation forecast to 4.2 pct mid year, before gradually easing
  • Duration of conflict will dictate severity of economic shock
  • RBNZ faces growth-prices dilemma
  • RBNZ expected to focus beyond short term shock, hold rates until year end

The economic recovery has likely been delayed until next year because of the Middle East conflict, according to a new report from ASB.

The bank joined other local forecasters in downgrading the economic outlook, with significant cuts to growth, higher inflation, lower investment, household consumption, and higher unemployment.

ASB chief economist Nick Tuffley said before the conflict and consequent surge in oil prices the economy was ready for a modest recovery through the year supported by lower interest rates and easing inflation pressures.

“With the new headwinds of higher fuel prices and potential fuel scarcity, that recovery is now unlikely to take place until 2027.”

Tuffley said the economy was set to contract in the three months ended June, with annual growth falling to 1.3 percent from its previous forecast of 2.9 percent as higher fuel prices hit consumer spending, disrupt tourism and lower business investment.

At the same time inflation was forecast to rise to 4.2 percent in the June quarter before gradually easing to the high 3 percent level early next year.

He said the severity of the impact depended on how long the conflict lasted and that was like asking “how long is a piece of string”.

“If the conflict eases sooner than expected, the outlook would improve quickly. But for now, households and businesses need to be prepared for a tougher, more uncertain period.”

At this stage ASB was forecasting elevated energy prices through to September.

RBNZ dilemma

Tuffley said the conflict has also given the Reserve Bank (RBNZ) a challenge between higher inflation and inflation expectations, and the hit to growth.

He said the RBNZ governor Anna Breman had recently signalled the central bank would be inclined to “look through” the immediate short term inflation impact

ASB was sticking to its pre-conflict forecast that the official cash rate would likely be raised by the end of the year.

Tuffley said the RBNZ had been looking to the slack in the soft economy to counter inflation pressures, but this had not yet occurred with inflation at 3.1 percent at the end of last year, which was not a good starting point to cope with the oil price shock.

“In time, the OCR is still likely to go up, but we don’t see the RBNZ rushing,” Tuffley said, but adding the risks were skewed to the downside.

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Iran war brings risks and opportunities, investment manager says

Source: Radio New Zealand

The war in Iran continues to unsettle global financial markets, including New Zealand’s NZX top 50 index. Quin Tauetau

The war in Iran continues to unsettle global financial markets, including New Zealand’s NZX top 50 index, which fell 1.4 percent on Monday.

Amova Asset management’s global asset team had been briefing investors as it worked through various war scenarios, risks, and opportunities across global and local equities, as well as fixed income markets.

Amova New Zealand’s portfolio manager Alan Clarke said the impact was being felt in equity markets around the world, but also in the bond market, putting upward pressure on long-term interest rates.

He said the closure of the Strait of Hormuz had been a potential threat for decades, and its closure had proved the point for countries all around the world.

“New Zealand, thankfully, is sort of insulated from a lot of this, but not from the energy shock, if it is to play out as a big problem for the next few months,” he said, adding bigger markets had taken a harder hit than New Zealand.

“Once the conflict is over, the markets will quickly recover.

“This is a bigger short term hurdle to get over, but there’s plenty of positive news out there in the longer term as well.”

Clarke said there were a number of global companies that had been oversold in recent weeks, since the war began.

“A lot of the names that have been sort of oversold, are some really good quality businesses and a whole bunch of industries that, you know, pretty good, long-term earnings, growth outlooks and trading at valuations we haven’t seen for a few years. So that’s an opportunity.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

Earthquake of magnitude 7 strikes Vanuatu Islands

Source: Radio New Zealand

Luganville town in Santo, Sanma Province (File photo). Supplied/Lily Lui

No tsunami warning has been issued after a magnitude 7.3 quake in Vanuatu.

The US Geological Service said the quake hit 35 kilometres northeast of Luganville, off the island of Sanma, about 9.45pm on Monday.

It was 115 kilometres deep.

The US Tsunami Warning Center said there was no tsunami threat from the earthquake.

It’s not known if there has been any damage on nearby islands.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

All Whites beat Chile 4-1 in Fifa Series at Eden Park

Source: Radio New Zealand

All White Eli Just, left, celebrates his goal against Chile. www.photosport.nz

The All Whites upset a 10-man Chile 4-1 to score a historic victory in their final home game before the Football World Cup.

A goal from Kosta Barbarouses on the half hour mark, a second from Eli Just 10 minutes later, one for Jesse Randall on the hour mark and a goal for Ben Waine in the 71st minute set up New Zealand’s first win over a team from South America in 20 attempts.

Kosta Barbarouses scores a goal past Chile’s Lawrence Vigouroux in the Fifa series men’s international football match at Eden Park. Andrew Cornaga/www.photosport.nz

The All Whites thought they had the opening goal of the game at Eden Park in the 12th minute when Tyler Bindon headed the ball into the back of the net from a set piece but he was off-side.

Fifteen minutes later Chile went down to 10 men when Dario Osorio got a red card for his second yellow in four minutes and then the All Whites took advantage.

Barbarouses’ goal, finished off an inswinging ball from Tim Payne, was his first for the All Whites since he scored in the final of the World Cup qualifiers a year ago.

Just, who has been in good goal-scoring form for his club side Motherwell, recorded his ninth goal for the national team but had to wait close to four minutes for confirmation by VAR to check if he was off-side.

Jesse Randall scores against Chile in the Fifa series men’s international football match at Eden Park. Andrew Cornaga/www.photosport.nz

After the break, Randall’s second goal for the All Whites and Ben Waine’s finishing at a second attempt sealed a win that will give fans confidence of what this group can achieve at the Football World Cup.

Chile’s Gonzalo Tapia scored the consolation goal in the 83rd minute.

See how the match unfolded here:

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New Zealanders getting costly dental work overseas, business owner says

Source: Radio New Zealand

Cedric Fauntleroy

A Waikato business owner who hosts dental tours to Vietnam says people are saving up to tens-of-thousands of dollars by getting their work done offshore.

It comes as calls grow louder for oral care to be integrated into New Zealand’s public healthcare system.

More than 1000 New Zealanders took part in a recent Talbot Mills Research survey, commissioned by advocacy group Dental For All.

Participants were asked whether they supported dental care being brought into the public healthcare system.

In findings released on Monday, 83 percent of participants said they supported the move. Twelve percent opposed the move and 5 percent were unsure.

Dental For All campaigner Hana Pilkinton-Ching said it would cost between $1-2b per year to integrate dental care into the public health system.

Earlier this month Damien Nikora from The Current Place took his first group of seven people to Da Nang for treatments including crowns, implants and extractions.

He started the tours after he paid $1700 for dental work in Vietnam, a procedure which was quoted for $22,000 in New Zealand.

Nikora told Checkpoint some dental procedures in New Zealand were too expensive.

“It’s a nightmare. It’s basically a mortgage, it’s absolutely ridiculous,” he said.

He said clients who had been quoted $90,000 for work in New Zealand, ended up paying $10,000 for the procedure in Vietnam.

“They’re absolutely stoked, there’s plenty of tears,” he said.

“They can’t believe they get to have a little holiday, get to deal with something that they’ve been traumatised or dealt since they were kids.

“It’s pretty awesome, it’s a really cool buzz.”

The cost of essential dental care in New Zealand was a barrier for people getting the work done, Nikora said.

He said none of his 250-plus clients had reported any post-procedure problems over the past two years since starting the tours.

The New Zealand Dental Association said complications were more likely to occur in patients who underwent complex treatment overseas, such as implants or crowns.

Chief Executive Dr Mo Amso said anyone travelling overseas for dental tourism needed to make sure the clinic they were attending was reputable.

Nikora said his tours usually ran for about 10 days and people were able to do online consultations before departing New Zealand.

“They get to talk with the dentists themselves. It’s pretty thorough,” he said.

“So the dentists know what to do with each client.”

ACC does not cover medical procedures or treatments performed outside of New Zealand.

Despite the lack of cover, Nikora felt it was worth the risk.

“The people we’ve dealt with haven’t had any problems,” he said.

“In the end what it comes down to is either never getting their teeth done here in New Zealand because they can never afford it.

“If they get the opportunity to be able to do it professionally and affordably, they’re more than willing to take that chance.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand