Three-time America’s Cup-winning helmsman Peter Burling will not be returning to Emirates Team New Zealand for the next Cup cycle, as discussions between team management and Burling did not result in an agreement. Team NZ confirmed the news, noting the changing requirements for team members due to the more regular cycles of the America’s Cup, with a greater focus on integrating key sailors with the design team. Grant Dalton, team chief executive, praised Burling’s central role in the team’s success over the past 10 years, emphasizing the unprecedented achievements enjoyed with Burling at the helm.
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On the rise: Inflation up 2.5% in first quarter
The Consumers Price Index inflation rate increased 2.5% in the 12 months to March 2025, according to Stats NZ. This rise follows a 2.2% annual increase in December 2024 and slightly exceeds economists' forecasts, with a 0.9% increase in the first quarter of 2025. The annual inflation rate remains within the Reserve Bank of New Zealand’s target band of 1 to 3% for the third consecutive quarter, a significant change from the period between June...
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