Larry Williams Drive

Electricity prices have reached the highest sustained level on record.It reached €325 per megawatt-hour yesterday.A year ago, the average price was less than €50. Compared to here, we pay around $200.Milford Asset Management Investment Analyst Dr Deborah Lambie joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jacinda Ardern has stressed the need for regenerative tourism in Sydney.She said that we need to promote clean, green tourism and tourism that embeds Maori values.She also wants airlines to shift towards using cleaner types of fuel. NZ Herald Wellington Business Editor Jenée Tibshraeny joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

He Waka Eke Noa needs some critical tweaks to work.This is according to the Climate Change Commission.For now, they recommend cracking on with the existing plan to get farmers to pay for their climate emissions.Climate Change Commission chair Rod Carr joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jacinda Ardern has emphasised the need for regenerative tourism at a tourism conference in Sydney.She wants tourists who come down here to feel good about themselves when it comes to climate change.Covid case numbers have surpassed 10,000 for the first time since April.As a result, the debate to return to the Red light setting has returned, with many experts calling to go back, but the Government are a bit more hesitant.Christchurch City Council has ripped up thousands of dollars of invoices incurred following anti-mandate protests over the summer.More than $50,000 was invoiced to the Freedom and Rights Coalition over protests in and around Cranmer Square.Meanwhile, Auckland Council has decided a section of Queen Street is only allowed low-emission vehicles.Jack Tame and Nick Mills joined Heather du Plessis-Allan on The HuddleSee omnystudio.com/listener for privacy information.

The confirmed death toll from a mass shooting at an Independence Day parade in Chicago has risen to seven.The 21-year-old suspect has been charged with several counts of murder.US correspondent Katherine Firkin told Heather du Plessis-Allan the oldest identified victim was 88.“Tragically, the younger victims so far were the mother and father of a young boy. They were actually with their child at the parade and what a tragedy that that child is now parentless.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

Interest rates may have already reached their peak.In May 2020, borrowers taking out a standard one-year rate were paying an average of 3.2 percent, but that increased to just over 5 percent in May this year.It comes as ANZ, BNZ and Westpac cut their two-year fixed mortgage rates.Squirrel Mortgages CEO John Bolton says told Heather Du Plessis Allan the OCR will keep increasing, but longer-term fixed rates are peaking.“Looks like New Zealand’s economy is slowing down quite quickly. We’ve had a lot of bad news lately, that’s sort of starting to dampen down how fast and how far the market believes the Reserve Bank’s gonna have to push the OCR up.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

A new commissioner is being set up for supermarkets.The Government is setting it up to keep an eye on the sector to hold it to account and ramp up competition.It would be based within the Commerce Commission and review competition in the sector annually.Commerce and Consumer Affairs Minister David Clark joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Global oil prices slumped 10 percent overnight.But we may not make a noticeable difference to the price at the pump.AA Fuel Analyst Terry Collins told Heather du Plessis Allan we won't see the price go down immediately.“We’ve seen this before. It dropped down in early March, it did the same thing, it’s at the same levels, but it dropped 9.5 percent overnight, it’s already picked up 3 percent the next day, so it’s just extremely volatile.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

Regenerative tourism is the key message from the Prime Minister's speech at a tourism meeting in Sydney.Jacinda Ardern says she wants tourists who come down here to feel good about themselves when it comes to climate change.But just what does the Prime Minister mean when it comes to regenerative tourism?RealNZ CEO Stephen England-Hall joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jacinda Ardern has welcomed Australia's decision to make flood assistance available to Kiwis caught up in the New South Wales floods.She said it was significant and bodes well for her upcoming meeting with Anthony Albanese, while also saying it was "pretty much the opposite" to what Scott Morrison would've done.Ardern is still resisting the idea of moving back to Red.It comes as New Zealand surpasses 10,000 for the first time since April.Ayesha Verrall has also played it down.A new supermarket watchdog has been set up.Commerce and Consumer Affairs Commissioner David Clark says the new Grocery Commissioner will hold the sector to account and ramp up competition.Newstalk ZB Deputy Political Editor Jason Walls joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Reece Walsh is going to be staying in Australia.The 19-year-old playmaker will join the Brisbane Broncos next year to stay close to his family.A "Kiwi" is through to the Wimbledon semi-finals.Kiwi-born British tennis player Cameron Norrie, who switched national allegiances at 17, will face Novak Djokovic in his semi-final.Meanwhile, Nick Kyrgios has been charged with assaulting his ex-girlfriend.Sportstalk host D'Arcy Waldegrave joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

A protest veteran is pleased Christchurch City Council has ripped up thousands of dollars of invoices incurred following multiple protests over the summer.It's wiped more than $50,000 invoiced to the Freedom and Rights Coalition over protests in and around Cranmer Square.John Minto told Heather du Plessis-Allan there's never been a protest anywhere in New Zealand charged fees for traffic management that he's aware of.“I think Christchurch City Council is just having it on because it was Destiny Church and they knew it wasn’t a popular organisation.”LISTEN ABOVESee omnystudio.com/listener for privacy information.

A GDT auction is taking place.It's expected to head largely sideways, and even with high dairy prices, the dollar is playing ball.The red meat sector has seen a drop in volume but a growth in value.The Country executive producer Rowena Duncum joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

New Zealand is being eyed up as a country of choice for overseas businesses looking to expand.A number of franchises from fast food to beauty services are set to launch on our shores in the next year or two.New Zealand is top of the list for franchise destinations, and we're the most franchised country per head of population.Franchising lawyer Stewart Germann joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Jacinda Ardern is still in the early days of her trade trip to Australia.But it hasn't been smooth sailing.Ardern has been at odds with ANZ New Zealand chief executive Antonia Watson over immigration.BusinessDesk managing director Pattrick Smellie joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

More fuel protests on UK motorways as fuel prices hit $3.88 a litre.Kate Middleton becomes Camilla's photographer for a magazine.Manchester United's Cristiano Ronaldo wants to leave the club.UK correspondent Enda Brady joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

Female cricketers will be paid the same as male cricketers.A five-year pay deal has been agreed between NZC, the Players Association and the six regional cricket associations.Business confidence has dropped to its lowest levels since March 2020.NZIER say that 62 percent of businesses expect economic conditions to deteriorate, with 37 percent of businesses saying the lack of labour is restricting them to grow.A school in Auckland has gone back to online learning.Carmel College will do this for the rest of the week, citing staff issues caused by illnesses, including Covid-19.Two parents are suing TikTok for the deaths of their 8 and 9-year-old children.The kids died from taking part in the 'blackout challenge' – where users choke themselves to the point of unconsciousness.David Farrar and Hayden Munro joined Heather du Plessis-Allan on The HuddleSee omnystudio.com/listener for privacy information.

Trade Me job listings have fallen 5 percent compared to this time last year.However, wages are still climbing as employers are fighting to secure talent.The data shows that the nationwide average salary is now at $66,000.Trade Me Jobs sales director Matt Tolich joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

New Zealand Cricket has announced they'll now be paying women cricketers just as much as the men.A five-year pay deal has been agreed between the NZC, the Players Association and the six regional cricket associations.It means that White Ferns can now earn as much as $160,000 a year.White Ferns captain Sophie Devine joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.

First, it was public hospitals warning of staff and bed shortages.And now aged care is joining in the calls.A new report released shows that there isn't enough funding to care for patients and they are increasingly in need of care.NZ Aged Care Association clinical advisor Rhonda Sheriff joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.