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MetService National Weather Update: April 28

MetService National Weather Update: April 28

NZ Herald28-04-2025

Flooding on Ross Rd in Parua Bay, Whangārei. Video / Kathy Wallace
Kerikeri River at full spate after wet weather. Video / Ian Johnston
The US is considering a 'harder' approach to Russia. Pope Francis' funeral sees thousands gather at Vatican City. Massive explosion at major Iranian port. Video / NZ Herald
A massive explosion at Iran's Shahid Rajaee port has killed at least 8, and injured many more. Video / AFP
Diagnosed at 45 with stage 4 cancer, Jackie Robertson wants earlier bowel screening — and a better chance for others. Video \ Jason Dorday
Pope Francis is farewelled at a funeral ceremony in the Vatican's St Peter's Square. Video / AFP
Thousands, including US President Donald Trump, Britain's Prince William and Ukraine President Volodymyr Zelenskyy, have gathered in the Vatican for Pope Francis' funeral.
North Shore residents have had their first glimpse of the devastation caused by the recent fire at the Abilities Group recycling plant on Hill Rd. Video / NZ Herald
Mourners turn out in huge numbers for Pope Francis. Fatal crash in Rotorua. Kremlin, US peace talks 'constructive'. Video / NZ Herald
Now based in Las Vegas, Kiwi comic Sam Wills is heading home for a special anniversary show.
Two firefighters had to be rescued last night after their aerial unit broke down, stranding them above the flames in a cloud of heavy smoke.
A man has been critically injured following a stabbing on Coburg St in Henderson Valley. Video / NZ Herald
Wendy's NZ owner Greg Flynn, chief executive and founder of Flynn Group, talks to Tom Raynel about the NZ business and his plans for growth in Australia. Video / Alyse Wright
Thousands have gathered for Anzac Day services around the country as Kiwis remember our fallen servicemen and women. Video / Cherie Howie / NZ Herald
Coverage of the dawn service for Anzac Day live from. Wellington. Video / TVNZ

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SMEG returns to New World
SMEG returns to New World

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time9 hours ago

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SMEG returns to New World

New World is serving up kitchen style with its latest promotion. This article was prepared by New World and is being published by the New Zealand Herald as advertorial. New World is once again serving up a big dollop of kitchen style with its latest promotion. For the past six years, these eagerly awaited campaigns have been elevating kitchens across the country. This year, New World has once again, partnered with premium brand SMEG to offer a kitchenware collection that combines luxury with everyday functionality. The promotion launches June 9 and runs until August 31, or while stocks last. New World's retail marketing manager Sarah Austin says the SMEG kitchenware range was chosen for its premium quality and useability. As with previous promotions, the range is expected to be hugely popular. 'Our promotions are all about giving customers the chance to add a little bit of wonderful to their weekly shop,' she says. 'We know New Zealanders are familiar with and love the SMEG brand, but treating themselves to quality kitchenware isn't often a priority. This promotion gives New World shoppers the chance to elevate their kitchen space with a touch of luxury and can collect stickers just by doing their usual shop.' The SMEG range is finished in high gloss while the brasier is cast iron, making it ideal for low-and-slow cooking and safe for both the stovetop and oven. The range has been chosen so customers can choose the items they like, without needing to collect the whole set, with one sticker collected for every $20 spent in store and online**. Items can be collected by redeeming between 20 stickers for the utensil rest to 55 stickers for the larger baker. Shoppers can also use a combination of stickers and cash to collect items. The cast iron braiser is a Clubcard exclusive and only available with 45 stickers and a cash top-up. Value is top of mind this year and New World's fresh and improved Clubcard programme offers a truly rewarding shopping experience with our own New World Dollars – a currency that turns everyday shopping into real value. With no minimum spend, customers earn every time they shop and can redeem New World Dollars like cash in-store or online. Combined with exclusive Clubcard deals, prize opportunities, and exciting campaigns like SMEG, it's easier than ever for Kiwis to get more from their grocery shop – all backed by our enhanced app for a seamless, personalised experience and rewards for every dollar you spend. Throughout the SMEG promotion New World teams across Aotearoa will be helping customers to keep track of what stock is available and what's running out. 'We anticipate the promotion is going to be super popular, and it's important to remember it's only while stocks last,' says Sarah. 'Some items will be more sought after than others, so customers should redeem their stickers as soon as they have enough for their chosen pieces, or they may lose out.' You can keep an eye on your local New World's Facebook page for updates on stock availability and take note of the in-store signage about what's available and what might be running low. As we always say, if you really want a particular item, don't sit on your stickers, they are strictly while stocks last.

Kiwi Investment Volumes On Wall Street At Near Record Levels
Kiwi Investment Volumes On Wall Street At Near Record Levels

Scoop

time9 hours ago

  • Scoop

Kiwi Investment Volumes On Wall Street At Near Record Levels

The latest figures show New Zealanders' ownership of US securities, including shares and bonds, hit US$67.1 billion in March 2025, more than double the value of five years ago. The value of Kiwi's investments in Wall Street has reached a near record high, according to new data from the US Treasury. The latest figures show New Zealanders' ownership of US securities, including shares and bonds, hit US$67.1 billion in March 2025, more than double the value of five years ago.[1] Shares in listed companies are the largest investment, with US$51.3 billion in US stocks and exchange-traded funds (ETFs) – a 152% increase over the same month in 2020. US government and corporate bonds account for another US$14.8 billion. Michael McCarthy, Australia and New Zealand CEO of share-trading platform moomoo, says the data highlights the growing scale of international reach and diversification by Kiwi investors. He says New Zealand's low interest-rate environment in recent years has pushed investors to seek higher yields abroad, especially in US equities and tech-heavy indices, which have delivered strong returns post-COVID. McCarthy says fintech platforms are now democratising entry into international markets for younger investors, who have a particular interest in US tech stocks and ETFs. 'We have seen that the relatively strong Kiwi dollar in the earlier post-pandemic period made US investments more attractive and affordable for Kiwi investors. 'There was an awareness that exposure to US assets could provide a hedge against domestic inflation and NZD depreciation, especially relevant given recent macroeconomic volatility. 'We have also seen large institutional investors, such as the NZ Super Fund and KiwiSaver providers, steadily increase their exposure to global equities to diversify risk and chase international growth,' he says. McCarthy says growing local demand from retail investors has seen them launch its trading platform in NZ this week, to lower barriers to entry by offering the lowest fees in the local market for unlimited US trades as well as the widest range of US stocks and ETFs. Founded in Silicon Valley in 2018, moomoo has grown to over 25 million users in the US, Singapore, Australia, Japan, Canada, Hong Kong and Malaysia. The platform's New Zealand launch follows its entry into the trans-Tasman market, where it recorded the most downloads of any online broker app within its first two years. Kiwi traders will now be able to trade more than 22,000 stocks and ETFs across the US, Australia and Hong Kong, including more than 15,000 US stocks and ETFs for only US$99c per trade (NZ$1.66). McCarthy says the platform has been designed to accommodate both novice and experienced investors. 'One of the unique features of moomoo is its ability to enable 'social investing', whereby the online community of global users are able to support and learn from one another, including sharing investing ideas and insights on stocks. 'This allows everyone from beginners to seasoned investors to learn investment strategies and share this experience with other users around the world. We also offer structured learning experiences and additional educational resources to assist users on their investment journey.' McCarthy says these resources help investors explore market trends, identify opportunities and make informed decisions that align with their risk levels and goals. He says the platform also allows 24-hour US trading, every trading day, eliminating significant time zone barriers to enable local investors to capitalise on opportunities at any time. 'The US Treasury data shows New Zealand has a strong investing culture, and we see growing demand for more sophisticated tools that empower retail investors to navigate global markets with confidence. 'We are able to provide real-time market data, AI-powered analytics, advanced charting tools and curated news from financial media outlets. These features help reduce the complexity of financial markets into intuitive, actionable insights that are integrated into the platform's interface. McCarthy says as part of its New Zealand launch, moomoo is offering new users $0 commission trading on Australian and US stocks for the first 30 days, with free reward stocks for users upon eligible deposits. He says with the moomoo app now available in New Zealand, local investors can also access options trading and dividend reinvestment plans for US stocks, catering to the diverse investment needs of New Zealanders. . Accessed June 1, 2025.

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