ANZ to shutter $3bn wholesale funds arm Investment News

SummaryHollywood star Jason Momoa has become a shareholder in Grey Door Ltd, the company behind The Bunker, a popular bar in Queenstown, New Zealand. The 45-year-old actor, known for his roles in Game of Thrones, Aquaman, and Dune, is reportedly house-hunting in Central Otago, indicating a desire for a more permanent residence in the area. Momoa has been frequenting Queenstown for outdoor activities and filming projects, suggesting a strong connection to the region. Full Article

The All Blacks have secured a multimillion-dollar sponsorship deal with Toyota for naming rights to their training kit, following the premature exit of Ineos. This agreement aligns with New Zealand Rugby's strategy to partner with consumer brands, enhancing local marketing efforts and providing additional sponsorship revenue. While Ineos had previously paid around US$12 million annually, Toyota's deal focuses solely on the training kit, with NZR still negotiating a different buyer for the rights to the...

SummaryPolice are investigating an unexplained death at a Feilding property, home to an elderly mother and her son, who were described as private individuals. A police car has been stationed outside the residence on Campbell St, where a scene examination commenced after officers responded to the location around 12:50 PM on Tuesday, following the discovery of a deceased individual. Neighbours noted the presence of multiple police officers at the scene as the investigation continues throughout...

Auckland commuters are warned of potential speed restrictions and closures on the Auckland Harbour Bridge due to forecasted severe winds, with gusts reaching 90km/h expected between 4am and 9am, triggering an amber alert. Cook Strait ferries have been cancelled until Saturday due to 10m swells from the storm, while heavy rain and snow are anticipated in Canterbury, raising concerns of flooding and slips. The NZ Transport Agency issued alerts for winds of 75-85km/h likely to...

Banned driver Isaac Alexander Ginty, 24, has added new driving convictions to his already extensive record of 11 offences, despite being banned until 2029. Judge Peter Hobbs described Ginty’s history as “appallingly bad” and sentenced him to community detention and community work. Ginty acknowledged his mistakes and expressed a desire to improve, receiving support from his father and employer, while he faced eight charges of driving while disqualified in the Nelson District Court. Full Article

Finance Minister Nicola Willis has identified “billions” in savings to be redirected towards new spending in the 2025 Budget. In an interview, she indicated that these savings might include a potential means-testing of the KiwiSaver subsidy, although she ruled out changes to the Winter Energy Payment and the Emissions Trading Scheme. While also considering means-testing for the Best Start payment for new parents, Willis did not confirm any specific changes, leaving the possibility open for...