Tower reports record profits, more customers, fewer big-claim events

Source: Radio New Zealand

The company forecasted an underlying profit for the coming year between $55m-65m. RNZ / Dan Cook

Insurance company Tower has reported record profits, as increased numbers of customers drove premium income, while it had a low level of big-claim events.

Key numbers for the year ended September compared with a year ago:

  • Net profit $83.7m v $74.3m
  • Underlying profit $107.2m v $83.5m
  • Gross written premium $600m v $595m
  • Large event costs $7.2m v claim back $2.3m
  • Full year dividend 24.5 cents per share v 9.5 cps

The New Zealand-owned company extended its recovery and return to profit, as it sold more policies, boosting its premium income, and benefited from below-average large claims.

“This is an exceptional result, underpinned by Tower’s transformation, driven by investment in our digital platform and continued focus on underwriting discipline, technology, data and efficiency,” chief executive Paul Johnston said.

The company added 5000 new customers to 318,000, as it concentrated on lower-risk policies and competitive pricing, which boosted its housing-insurance revenue.

The bottom-line result was affected by increased Canterbury earthquake claims cost estimates, the ongoing cost of customer remediations and a provision for software impairment.

The company said the Dunedin floods of October 2024 and Cyclone Tam in April were treated as big events, costing $7m.

Storms that hit the country in late October were expected to cost about $4.5m and would be accounted in the coming year’s accounts.

Johnston said the past couple of years had been out of the ordinary and were not likely to continue.

“We expect conditions that influenced the FY24 and FY25 results, such as relatively benign weather and prior-year rating flowing through the portfolio, to normalise in the coming year.”

The company forecasted an underlying profit for the coming year between $55m-65m and has set aside $45m to cover big-disaster claims.

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

Launch catches fire on Auckland’s Hauraki Gulf, firefighter injured

Source: Radio New Zealand

Launch on fire on Auckland’s Hauraki Gulf, near Browns Island. Supplied/Facebook

A launch caught fire in Auckland’s Hauraki Gulf this morning, near Browns Island.

Fire and Emergency were called to the incident about 8.15am.

It said the 38-foot-long launch (about 11 metres) was well ablaze, when firefighters arrived on the scene.

FENZ said no-one was injured and about eight firefighters were still working to extinguish the fire.

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

Police acknowledge IPCA findings regarding Wellington incident

Source: New Zealand Police

Police acknowledge and accept the findings of the Independent Police Conduct Authority (IPCA) into the deployment of tasers by three officers in Wellington in January 2025.

On 9 January, Police were responding to an urgent family harm incident on Cockayne Road, Wellington, where a man with a weapon was chasing a woman holding a baby in the street.

Acting Wellington District Commander Inspector Nick Thom says officers involved assessed the situation and responded accordingly, to ensure the safety of the public.

“Officers deployed their tasers to stop a dangerous situation evolving into something that could have been much worse.

“Our officers have made good decisions and the IPCA investigation supports that.

“Police are often working in fast paced, dynamic environments, and although it is the expectation, I am pleased with the decisions made by staff.”

The IPCA found all three officers were justified in using their tasers in defence of themselves and others.

ENDS

Issued by the Police Media Centre

Inquiry into handling of the Tom Phillips case announced by government

Source: Radio New Zealand

An inset of Tom Phillips at one of his campsites. RNZ / Supplied / Police

The government has announced an inquiry into the handling of the Tom Phillips case by government authorities.

Phillips died following a shootout with police, when they were called to reports of a burglary in the early hours of 8 September, after 1358 days in the bush with his children.

Phillips shot a police officer several times during the shootout.

On Thursday, Attorney-General Judith Collins announced a public inquiry would be held into the disappearance of the Phillips children.

“The inquiry will look into whether government agencies took all practicable steps to ensure the safety and welfare of the Phillips children,” Collins says.

“The decision to establish a public inquiry reflects the significant public interest and concern for the children’s welfare over the almost four years they were missing.

Police believe the Phillips family moved regularly between several sites. NZ Police / Supplied

“It is important that we establish the facts and determine whether agencies could take steps to prevent, or resolve similar situations more quickly and effectively in the future.”

The terms of reference had been developed with the privacy and welfare of the children in mind. The inquiry would therefore be conducted in private and without public hearings.

Collins said the inquiry must also respect the independence of the courts and would not include findings on judicial decisions.

The Honourable Justice Simon Moore, KC, has been appointed as the sole member of the inquiry.

The inquiry would deliver a final report with recommendations by 21 July 2026.

An injunction preventing the media from publishing certain details related to the investigation into Phillips remains in place.

Family’s primary campsites

Last month, police released several photos of what are believed to be the family’s primary campsites. Police had discovered two large, established and “heavily concealed structures” in recent weeks in dense bush surrounding Marokopa.

Detective Superintendent Ross McKay said inquiries to date indicated the Phillips family moved regularly between these sites, the makeshift camps near Te Anga Rd and other locations around Marokopa.

“For the last few weeks, police have been piecing together information and building a picture of Phillips’ movements.

“What is now clear is that Phillips moved regularly from coast to farm to bush in a complex manner that meant he was unlikely to be stumbled across.”

Local search and rescue staff located the new sites – one to the north of Marokopa, the other to the east – which included partially buried, semi-permanent structures concealed by large amounts of vegetation.

The sites included partially buried, semi-permanent structures concealed by large amounts of vegetation. NZ Police / Supplied

“Approaching Phillips in such circumstances would have been extremely dangerous.

“As we’ve said previously, we knew he had firearms and was motivated to use them.”

Investigators had removed a significant number of items from the camps, all of which would now be forensically examined.

“This is a protracted and labour-intensive exercise that forms part of our ongoing enquiries to identify anyone who may have assisted Phillips.

“We continue to make good progress and believe he was assisted by a small number of people at different stages over the last four years.”

All campsites had been cleared and police would not be releasing their specific whereabouts.

McKay earlier said the vast area in which Phillips kept the children was difficult, steep terrain almost completely obscured from all angles by dense bush.

“At various times during the operation, police specialist units such as Special Tactics Group, Armed Offenders Squad, Search and Rescue and Tactical Operations Group, were used.”

Police also had support from the New Zealand Defence Force.

“Police never stopped trying – thousands of hours were dedicated to the search,” McKay said.

“Intelligence played an important role in informing decisions and planning for possible outcomes.

“We also knew, based on previous actions and behavioural science analysis, that Phillips was unlikely to surrender easily and was prepared to put the children in harm’s way.

“The primary objective was locating and returning the children safely.”

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

Inquiry into the Phillips children disappearance

Source: New Zealand Government

Attorney-General Judith Collins has today announced a Public Inquiry will be held into the disappearance of the Phillips children. 

“The Inquiry will look into whether government agencies took all practicable steps to protect the safety and welfare of the Phillips children,” Ms Collins says.

“The decision to establish a Public Inquiry reflects the significant public interest and concern for the children’s welfare over the almost four years they were missing.

“It is important that we establish the facts and determine whether agencies could take steps to prevent or resolve similar situations more quickly and effectively in the future.” 

The Terms of Reference have been developed with the privacy and welfare of these especially vulnerable children in mind. The Inquiry will therefore be conducted in private and without public hearings.

It must also respect the independence of the courts and will not include findings on judicial decisions. 

The Honourable Justice Simon Moore KC has been appointed as the sole member of the Inquiry.

Mr Moore served as a Judge of the High Court for 11 years, including six years as the Executive Judge for Auckland. Following his retirement from the High Court in 2024, he was appointed Chair of the Electoral Commission Board.

The Inquiry will deliver a final report with recommendations by 21 July 2026.

Carving returned to marae after more than 100 years

Source: Radio New Zealand

Hāmama is back at Rānana Marae after more than 100 years away. Supplied

After more than 100 years in museum exhibitions and storerooms, a carving is back at the marae it was taken from.

The tekoteko Hāmama arrived back at Rānana Marae in the Whanganui district in November, after years of petitioning to have it returned.

Dr Rawiri Tinirau helped uncover the carving’s provenance and told Morning Report it was a special day for the marae when Hāmama was returned.

“Given that the craving Hāmama has been absent from us for such a long time, it was a nice way to spend the day with each other and welcome him home.”

Hapū descendants, local iwi and members of the community gathered at the marae to celebrate the homecoming of Hāmama, which was acquired by the Dominion Museum in 1912, and had been part of the national collection for over 100 years.

Tinirau said there was some ambiguity as to whether Hāmama was taken properly.

“There was certainly some ambiguity over the tekoteko’s provenance, and if you have a look at those early records within the museum, it talked about it being a purchase from a J Thompson.

“But other than that, we were unable to uncover who J Thompson was.”

Tinirau said it was by looking through old photos that they could identify the tekoteko and match it with the marae.

Tinirau said his mum was also able to help identify Hāmama during a visit to the Dominion Museum in the 1980s when she saw some old footage of an expedition up the Whanganui River from the 1920s.

Carved in the 1870s-1880s the tekoteko is an example of the unique carving from the Whanganui region.

“Hāmama was one of our ancestors that must have been an important man because he was named as one of the significant ancestors in the Rānana block where the Rānana Marae is situated. And if you have a look at him, he definitely displays characteristics that are unique to Whanganui River carving.

“For example, he has bulbous eyes, he clutches his tongue. He has, four fingers and a thumb on each hand. His knees are slightly interlocking and facing inward. So those suggest that the carvers definitely came from the Whanganui River.”

After Hāmama was identified, Tinirau was involved in petitioning and letter writing to get the carving back to Rānana Marae, and said the museum “didn’t really have repatriation protocols” and couldn’t deal with requests at the time.

“It wasn’t until the last five or six years that we’ve reengaged with Te Papa and really pushed this kaupapa through.”

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

Reserve Bank refresh continues

Source: New Zealand Government

Former investment banker Rodger Finlay has been appointed Chair of the Reserve Bank and businesswoman Rhiannon McKinnon has been appointed to the Bank’s Board. 

“The appointments are the latest milestones in the refresh of the Reserve Bank, Finance Minister Nicola Willis says.

“The Bank now has a new Chair, a new Governor who starts next week, new members of the Board and Monetary Policy Committee, a new Financial Policy Committee, and a new, more modest, funding agreement. In addition, it is operating under a fresh set of expectations from the Government that require it to place greater emphasis on banking competition.”

Nicola Willis says Rodger Finlay has been Deputy Chair of the Bank since February 2023 and has been exercising the functions of the Chair since August.

“I have confidence in him to lead the work to deliver on the Government’s expectations for increased accountability, transparency and fiscal discipline and to focus on the Bank’s statutory responsibilities. 

“He has experience governing large, complex organisations in both the private and public sectors. Past governance roles include chairing NZ Post, Kiwi Group Holdings, NZ Oil and Gas and PGG Wrightson.

Rhiannon McKinnon is a Chartered Financial Analyst and former chief executive of Kiwi Wealth where she managed $10 billion in funds. She coaches and advises CEOs and has had board roles with the NZ Film Commission, CFA Society of NZ and Dress for Success Wellington. 

Rodger Finlay’s appointment is for the remainder of his current term which is to 30 June 2027. Rhiannon McKinnon’s appointment is for five years to 30 November 2030.

Crash, SH2, Melling

Source: New Zealand Police

A crash involving a motorcycle and car has blocked the southbound lanes of State Highway 2 at Melling.

The crash happened on Western Hutt Road, just south of Melling Link Road, about 8am.

One person is being treated for serious injuries and there will be ongoing delays while emergency services work at the scene.

Police would like to thank motorists for their understanding.

ENDS

Issued by the Police Media Centre

How feral cats spread toxoplasmosis risk across hundreds of Kiwi farms

Source: Radio New Zealand

Ruth Kuo

Feral cats are responsible for spreading toxoplasmosis, which can cause “abortion storms” on sheep farms. Methods of control, such as annual culls, have come under fire from animal welfare advocates.

Content warning: This story describes the killing of animals, including an image of a trapped feral cat

It was over beers in a woolshed that the decision was made: Feral cats would be part of the North Canterbury Hunting Competition.

“We just sort of looked around and went, ‘Yeah, might as well’,” says organiser Matt Bailey.

“Unbeknown to us, it would go off like a powder keg within a matter of days of posting something on social media.”

What the farmers thought was a no-brainer decision to add another pest to the competition shocked cat lovers. The backlash was immediate and sponsors of the rural fundraising event came under attack on social media.

But, if anything, the outcry from animal rights advocates made the decision to include feral cats even more popular with farmers and sponsors.

“They poked the bear and it’s probably backfired for them because it’s gotten people off their asses and out there hunting,” says Bailey.

Three years on from the woolshed conversation, the cat category remains popular. This year, contestants entered 326 dead cats for the June weighing-in weekend.

Bailey suspects the real number of feral cats culled was higher. Farmers ran out of freezer space to store the bodies, he says.

“I knew guys catching 10 a week, and they weren’t keeping them.”

This year, there was no backlash from animal rights advocates, which Bailey reckons is down to increased awareness of the damage feral cats do.

It is one topic where hard-core conservationists and farmers find common ground. Feral cats decimate native wildlife and pose a disease risk to farm animals, and dolphins.

They are found on all types of farms, according to Bailey. On dairy farms feral cats are often spotted near milking sheds or hay sheds. They are also commonly seen near offal holes, or in Bailey’s case at lambing time, in paddocks eating afterbirth.

He said he had not heard anyone report an increase in rat numbers after removing cats, adding that if rats do appear, bait stations can be used.

And to critics who argue that trapping, neutering, and releasing feral cats is better than culling them, Bailey has a blunt response: “They’re killing our native birds and not shagging them.”

How feral cats can spread disease

There is no official estimate of how many feral cats there are in New Zealand. The number of 2.4 million is often cited, but some believe the true number is far higher.

Their number creates a disease risk for every farm in the country, says NZ Veterinary Association sheep and beef branch president and vet Alex Meban.

Toxoplasmosis is carried through cats and spread through their droppings. Tens of thousands of oocysts produced by the parasite can be in cat poo, which when accidentally ingested by sheep via grass, hay or water, can be infectious.

Toxoplasmosis can also be passed to humans through contaminated soil, water or unwashed vegetables, and is particularly dangerous during pregnancy or to people with compromised immune systems, but it also affects dolphins and farm animals, such as sheep.

For farmers, there are no outward signs of the disease until lambing time. That is when an “abortion storm” can occur, which is when more than five percent of ewes lose lambs.

“It can be devastating,” says Meban. Last season one farmer realised he had lost 30 percent of foetuses during scanning.

“We asked the question about wild cats, the answer was yep, there are lots of wild cats. They hadn’t really considered it to be an issue until scanning time.”

Lamb losses like this can mean the difference between breaking even or not for a year for a farmer.

There is a vaccine for the disease, and Meban says it only takes one season of heavy lambing loss to convince a farmer to vaccinate flocks. The vaccine costs between $3 and $5 and offers lifelong protection.

If lambs are worth $150 each, he says it does not take much for the vaccine to pay for itself. Vaccination should go hand-in-hand with reducing cat numbers on farms, he says.

Farmer trappers

A Federated Farmers pest survey last year, which had 700 responses, found 37 percent were actively managing feral cats, says the organisation’s meat and wool chairperson Richard Dawkins.

The survey showed 2868 cats were culled by farmers over a 12 month period.

Anecdotally, Dawkins says he has heard the number of feral cats is on the rise. He also points to the increased risk of toxoplasmosis and impacts native wildlife.

“I have one farmer report to me that on a braided riverbed, they had a cat take out 90 percent of a fledge of young birds in a colony that was on a river Island,” Dawkins says. The cat ate 60 of the chicks of a black fronted tern colony.

Farmers have told him live capture traps are the most effective, but these need to be checked daily, which is a time-consuming exercise for farmers with large blocks.

A feral cat caught by a farmer. Supplied

Cats need to be included in regional council pest management plans, but without extra funding of staffing, “it just becomes words on paper to be honest,” Dawkins says.

Increased public education would help, as would support for desexing domestic cats.

The problem increases around holiday periods, which could be caused by people dumping pets, Dawkins says.

“They’re a pretty loveable animal, and people may think they’re releasing them to run free and have a good life, but they may not understand those implications,” he says.

Alternatives to killing

The Animal Justice Party was one of the groups that expressed concern at the inclusion of feral cats in hunting competitions. Committee member Bridget Thompson says the party sees all animals as sentient and objects to the killing of feral cats.

The line between companion cats, strays living close to communities, and feral cats can be tricky for people to discern.

“The problem there is that if people cannot make the distinction, you get self proclaimed eco-warriors in the cities, thinking that if they go out and kill any cat community or companion, they are doing a good thing.”

Trapping and desexing is also not the preferred option, Thompson says. Instead, she would like a biological solution.

“We would like to see serious science into interrupting the fertility cycle.”

She acknowledges nothing like this exists at present.

Predator fences are also an option until science catches up.

“There’s a range of non-violent alternatives to current methods of population control.”

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

Man charged over stabbing in Auckland

Source: Radio New Zealand

RNZ / Angus Dreaver

A man has been charged after handing himself in at a police station, over a stabbing in the Auckland suburb of Henderson on Wednesday.

A man was found seriously injured on Edsel Street around 2.40pm.

A 45-year-old went to the Henderston Police Station on Wednesday night and was taken into custody.

Detective Senior Sergeant Megan Goldie, of Waitematā CIB, said the victim and the accused man knew each other.

He’s facing a charge of wounding with intent to cause grievous bodily harm.

He is due to appear in the Waitākere District Court today.

Goldie said the victim was in a stable condition at Auckland City Hospital.

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