Home loan borrowers should see rates below 5% before too long, one mortgage expert says.The official cash rate is expected to be lowered by another 50 basis points in February, and further cuts are predicted later in the year.Wholesale rates have fallen since the last OCR cut, and the two-year…

New Zealanders travelling to or through the UK will need an Electronic Travel Authorisation (ETA) to enter the country from this week on.They cost £10 – just over NZ$22 to apply for, are valid for two years, allowing multiple journeys for stays of up to six months at a time,…

A bottlenose dolphin that became entangled in a net in Auckland waters has now been freed.On Tuesday the Department of Conservation (DOC) appealed for sightings of the subadult, or juvenile, dolphin which was travelling with a fully grown dolphin.It was first reported to DOC’s hotline on December 29.DOC operations manager…

An Invercargill brewery’s owners are feeling frustrated and fear for the future of their business after restrictions they consider “anti-competitive” were imposed for their new off-licence shop located within a licensing trust area. Gadoochi Brewery owners Nicola McGilvray and Chris Ellenden will appeal the decision from the Invercargill District Licensing…

A Powerball player from Wellington is $7 million richer after winning Lotto’s Powerball First Division last night. The winning numbers were 14, 15, 20, 32, 33, 34, the Bonus Ball was 13 and the Powerball was 9.The winning ticket was sold on MyLotto.The prize is made up of $6 million…

By Susan Edmunds of RNZ Home loan borrowers should see rates below 5 percent before too long, one mortgage expert says. The official cash rate is expected to be lowered by another 50 basis points in February, and further cuts are predicted later in the year. Wholesale rates have fallen…

A plan to change the fortunes of the embattled Fiordland airport is one step closer.Since its inception, Te Anau Airport Manapouri has run at a loss with shortfalls ranging from $217,000 to almost $320,000 across the last five years alone.But owner Southland District Council views the facility as a “strategic…

Liam Payne’s medical cause of death has been confirmed as “polytrauma”.The former One Direction singer died in October 2024 aged 31 after falling from a third floor balcony at the Casa Sur hotel in Buenos Aires, Argentina.A UK inquest opening has confirmed he died from “polytrauma”, which is a medical…

Members of three central North Island iwi have elected a board of trustees to manage their $28.5 million Treaty settlement.Nine trustees — three from each of the iwi Uenuku, Tamahaki and Tamakana — have been elected to the first board of Te Korowai o Wainuiārua.Te Korowai o Wainuiārua is the…

Ōpōtiki District Council dog control staff have confirmed that four dogs that bailed up a woman outside a Ford Street property on December 27 were from the same household as those that seriously wounded a woman in September.In the latest incident, a woman in her 60s was badly frightened when…