Here come the sums – Newsroom

Four New Zealanders are involved in a lawsuit seeking compensation from Singapore Airlines following Flight 321, which experienced a severe drop of 54 meters in less than a second on May 21, 2024, resulting in one death and over 70 injuries. The flight, carrying 211 passengers and 18 crew members from London to Singapore, encountered turbulence that caused significant chaos in the cabin. Australian law firm Carter Capner Law is advocating for compensation exceeding $1...

The Government released its 2025 Budget, featuring a $6.6 billion tax change aimed at stimulating economic growth, alongside cuts exceeding $21 billion over four years. Approximately 180,000 families will experience a 0.5% increase in their effective marginal tax rate, although other tax credit changes will ensure they remain better off, despite concerns that the higher rate may discourage work. Additionally, while a reduction in the corporate tax rate was considered, officials opted for a 20%...

Nearly 9000 young people will lose their eligibility for unemployment benefits in 2027 due to new government rules. The 2025 Budget introduces a change that shifts the financial responsibility for 18- and 19-year-olds back to their parents instead of the state. Consequently, single individuals in this age group will not qualify for income support if they are not employed or studying, provided their parents can support them. Full Article

A second "run it straight" contest, Up the Guts, has been cancelled a day after a similar event was pulled. Organiser Kimami Ngaluafe announced on social media that the scheduled event in Glen Innes on May 25 was halted after Auckland Council intervened with Barfoot & Thompson Stadium. Ngaluafe stated that while the council claimed they were not doing anything wrong, they simply disapproved of the event. Full Article

Google New Zealand reported a revenue of $87.2 million for the year ending December 31, 2024, an increase from $84.3 million the previous year. This revenue figure accounts for $1.05 billion in in-house service fees paid to its US parent, up from $959 million last year. The Interactive Advertising Bureau (IAB) noted that search, in which Google holds a 96.8% market share, represents the largest digital advertising category in New Zealand, with total digital ad...

A Lotto player in Porirua has won a staggering $17.2 million in the First Division Powerball draw, comprising a $17 million Powerball win and an additional $200,000 from a First Division split. The winning ticket was sold at New World Whitby, where staff are now preparing for the prize claim. Owner-operator Nicola Hallett confirmed the supermarket was notified of the win shortly after the draw. Full Article