Latest news with #Carlyon
Int'l Cricket Council
11-07-2025
- Sport
- Int'l Cricket Council
Italy and the Netherlands qualify for the ICC Men's T20 World Cup 2026
Italy won the toss and elected to bat first, posting a competitive 134/7 at the end of their allotted overs. Their top contributors were number six and seven batters, Ben Manenti (30) and Grant Stewart (25), with Roelof van der Merwe the pick of the Netherlands' bowlers, returning a Player of the Match winning three wickets for 15 runs. In reply, openers Max O'Dowd (47 not out) and Michael Levitt (34), put on 71 runs for the opening stand, including 66 runs in the powerplay. Levitt's was the only wicket to fall in the eighth over before captain, Scott Edwards (37 not out), entered the fray, adding a 64-run partnership for the third wicket to get their side to victory and the Men's T20 World Cup. In the other fixture of the day, Jersey beat Scotland for the first time, but their excitement could not last as they received news of Italy confirming their place in the 15th over of their match against the Netherlands. Scotland posted 133/7 in their 20 overs after being put into bat first by Jersey. It was another case of the middle and lower orders to the rescue when they found themselves on 64 for six in the 11th over before Matthew Cross (43 not out) and Mark Watt (28) top scored for their side, securing a respectable total. Harrison Carlyon and Benjamin Ward were the dangermen with the ball in hand with Carlyon taking three wickets for 26 runs and Ward two for 24. Jersey's reply got off to a good start in spite of the early loss of Carlyon for 15 in the third over. Nick Greenwood smashed 49 runs from 36 deliveries to help their side to 81 in the 12th over before he was trapped lbw by Chris Greaves (two for 26). After the fall of Greenwood's wicket, Jersey suffered a batting collapse that saw them lose eight wickets for 48 runs. In the end, they needed five runs from four deliveries and captain Charles Perchard (one not out) and Jake Dunford (four not out) held their nerves to clinch their historic win off the final delivery of the match.
BBC News
08-07-2025
- Sport
- BBC News
Jersey beat Guernsey to keep 2026 T20 World Cup hopes alive
ICC Men's T20 World Cup Europe Qualifier, Voorburg Cricket Club, The HagueJersey 160-4 (20): Carlyon 63, Jenner 48; Bichard 2-36Guernsey 138-5 (20): Stokes 62*, O Nightingale 57; Carlyon 2-8Jersey win by 22 runs Match scorecard Jersey beat Guernsey by xxx runs to win the first meeting between the Channel Island rivals in a T20 World Cup qualifier. The win keeps alive Jersey's hopes of reaching the finals in India and Sri Lanka next Guernsey's first-ever campaign in the final round of qualifying for a T20 World Cup is all but over with one game left against hosts first Jersey recovered from a tough start to make 160-4 as Harrison Carlyon scored 63 and Luke Bichard taking reply Guernsey's top order collapse against the spin of Carlyon and Dominic Blampied as they slumped to 4-3 off three overs - costing them any hopes of a Stokes and Ollie Nightingale's 122-run fourth wicket stand restored some competitiveness to the Guernsey the Sarnians fell 22 runs short as they made 138-5 in their 20 overs. Having narrowly lost their opening game to the Netherlands before seeing their match with Italy abandoned due to rain Jersey know victory over Scotland on Friday could secure their place at the T20 World Cup. Having won the toss Guernsey put Jersey into bat on a slow field after days of heavy rain - and it was a decision that was vindicated almost immediately when Nick Greenwood was caught and bowled for a first-ball duck by Anthony Stokes with the fourth ball of the day. His replacement Zak Tribe was caught for six off Luke Bichard's bowling in the sixth over to leave Jersey on opener Carlyon and Jenner came together for a key 73-run stand before Carlyon was unfortunately run out as Jenner's shot was deflected onto the stumps by Adam Martel at the non-striker's end with Carlyon heading down the knock of 63 came off 50 balls and included a six and six fours, while the big hitting Jenner went on to make 48 before being bowled by Bichard trying to sweep over the wicketkeeper having hit three sixes and two fours in his 33-ball innings to leave Jersey on 133-4 off 17 Sumerauer hit 26 not out off 14 balls as Jersey ended on 160-4. Guernsey's struggles with the bat began very early as having seen Ben Fitchet survive a very strong appeal with the final ball of the first over Martin Dale Bradley was trapped by Blampied with the next ball for bowled Tom Nightingale for 1 with the first ball of the next over before taking Fitchet's wicket with the final delivery as Guernsey were left on 4-3 off three overs. But Matt Stokes and skipper Ollie Nightingale steadied the innings with an excellent fourth-wicket partnership of 122 - including hitting 50 runs between the ninth and 14th overs as they tried to haul Guernsey back up to Jersey's run rate. Nightingale registered his maiden international half century as he made 57 off 52 balls before he was run out with three balls left of the final over. Stokes' 62 not out came off 49 balls and was his second half century against Jersey in as many games as his side fell 22 runs short.
Scoop
11-06-2025
- Business
- Scoop
Concerns KiwiSaver Is Being Used As ‘Piggy Bank' To Solve Financial Woes
Article – RNZ A growing number of New Zealanders are making hardship withdrawals from their retirement savings. , Money Correspondent KiwiSaver is in danger of being considered a 'piggy bank' to solve all of New Zealanders' financial woes, one provider says, and too many people are tapping into their savings on hardship grounds. Founder of Kōura KiwiSaver scheme Rupert Carlyon was wary of calls for settings to be changed to allow people to use their money to buy farms. He said KiwiSaver was already being called on to solve the country's housing and infrastructure crises. Carlyon said changing the rules to allow more withdrawals sent the wrong message to people, who should be using KiwiSaver for their retirement. Instead, they were tapping into KiwiSaver in growing numbers. In April, 4220 people withdrew savings for financial hardship reasons, up from 3700 in April 2024. They withdrew a combined $37.6 million. 'It encourages more and more people to think about it like a piggybank. It's scary what's happening in that space,' he said. He said he saw people making repeated hardship withdrawals, depleting their balance. 'People come back multiple times with the same claims… it's hard to figure out what's real and what's not.' He said it would now not be possible to close the 'hardship loophole' because people expected it to be available and any change could dent confidence in the scheme. But he said it should be tightened up so there was a limit on the number of withdrawals that could be made within a certain timeframe. 'The other part is it's very resource intensive. We spend on average up to six hours per financial hardship claim… It's hard on staff because they often have to say no when they want to say yes.' A spokesperson for Public Trust, one of the KiwiSaver supervisors, said people were not required to repay hardship withdrawals if it was found they were not necessary. 'Their future self might not thank them for dipping into their retirement savings. We see situations of real and urgent need… there are strict rules and checks in place to help ensure withdrawals are only approved for genuine financial hardship, and applicants need to sign a legal declaration confirming their situation. 'If someone doesn't use funds as intended, it could affect their ability to make another hardship withdrawal in the future.'
Scoop
11-06-2025
- Business
- Scoop
Concerns KiwiSaver Is Being Used As 'Piggy Bank' To Solve Financial Woes
KiwiSaver is in danger of being considered a "piggy bank" to solve all of New Zealanders' financial woes, one provider says, and too many people are tapping into their savings on hardship grounds. Founder of Kōura KiwiSaver scheme Rupert Carlyon was wary of calls for settings to be changed to allow people to use their money to buy farms. He said KiwiSaver was already being called on to solve the country's housing and infrastructure crises. Carlyon said changing the rules to allow more withdrawals sent the wrong message to people, who should be using KiwiSaver for their retirement. Instead, they were tapping into KiwiSaver in growing numbers. In April, 4220 people withdrew savings for financial hardship reasons, up from 3700 in April 2024. They withdrew a combined $37.6 million. "It encourages more and more people to think about it like a piggybank. It's scary what's happening in that space," he said. He said he saw people making repeated hardship withdrawals, depleting their balance. "People come back multiple times with the same claims… it's hard to figure out what's real and what's not." He said it would now not be possible to close the "hardship loophole" because people expected it to be available and any change could dent confidence in the scheme. But he said it should be tightened up so there was a limit on the number of withdrawals that could be made within a certain timeframe. "The other part is it's very resource intensive. We spend on average up to six hours per financial hardship claim... It's hard on staff because they often have to say no when they want to say yes." A spokesperson for Public Trust, one of the KiwiSaver supervisors, said people were not required to repay hardship withdrawals if it was found they were not necessary. "Their future self might not thank them for dipping into their retirement savings. We see situations of real and urgent need… there are strict rules and checks in place to help ensure withdrawals are only approved for genuine financial hardship, and applicants need to sign a legal declaration confirming their situation. "If someone doesn't use funds as intended, it could affect their ability to make another hardship withdrawal in the future."
Scoop
24-05-2025
- Business
- Scoop
Budget 2025: What Will KiwiSaver Changes Mean For Your Balance?
An increase in default KiwiSaver contribution rates announced in Thursday's Budget could leave KiwiSaver members more than $100,000 better off at retirement - but there is a warning that not everyone will benefit. As part of the Budget, a number of changes were announced to KiwiSaver. The government will halve the member tax credit available to people who contribute at least $1042 in a year to $260.72. When the scheme was first launched, the government provided a matching $1042. The cut is expected to save the government $400 million a year. Employer and government contributions will be made available to 16- and 17-year-olds. Previously, they had only applied to those aged 18 to 65. The default contribution rate for both employees and employers will increase in two stages to 4 percent from 1 April, 2028. Employees can opt to stay on the lower 3 percent rate, matched by their employer, but that will reset to the new default rate after 12 months. Impact of higher contributions KiwiSaver managers estimated that the increase to a default contribution rate of 4 percent, plus 4 percent for an employer, would make a material difference to KiwiSaver members' final outcomes. Murray Harris, head of KiwiSaver at Milford, calculated that someone who was 35, earning the average wage with a KiwiSaver balance of $25,000 in a balanced fund, could have an extra $56,000 (inflation adjusted) at 65. That would give them $50 a week more to spend, he said. At Sharesies, general manager of funds Matt Macpherson said without adjusting for inflation, the increase for a 30-year-old currently earning $75,000 a year with $30,000 saved in a growth fund would be $175,000 at 65. Harris said the increase would help to close the gap between what it cost to live in retirement and what NZ Super would provide. But he said it would have been good to see contributions extended to people over 65, as well as teenagers. Some KiwiSaver providers said the increase was not likely to be enough. Kōura founder Rupert Carlyon said 4 percent plus 4 percent was better than 3 percent plus 3 percent. "But it's well short of six plus six, which would have brought us in line with Australia, and it's nowhere near the 15 percent OECD average pension contribution. We have a long way to go, but it's better than nowhere." Dean Anderson, founder of Kernel Wealth, said the government should have followed Australia's lead and set a path detailing how contributions would increase over time. "I don't know why we couldn't have gone further, with a long-term plan." Carlyon said he was worried by stats showing that half of employers used a "total remuneration" approach to KiwiSaver. This means that rather than providing a contribution on top of a person's salary, they are offered a total salary amount and the employee decides whether to contribute to KiwiSaver from that total. Carlyon said he was worried this would become more common as a way for employers to avoid the additional contribution. "This is probably net positive for balances over time, but not for everyone - only a select group of people who have employers who do the right thing." Reduction in member tax credit Macpherson said the impact of the smaller tax credit could compound out to $21,000 less for the 30-year-old earning $75,000 that he used as an example for the higher contribution calculation. He said some people were being left behind, "in particular self-employed". He said he saw many self-employed people contributing to Sharesies' scheme at the level to get the member tax credit - they would now have their returns reduced. Retirement Commissioner Jane Wrightson said low-income earners, Māori, women and self-employed people would be hit hardest by the reduction. "It's a shame there are so few government incentives for a scheme that underpins private saving for retirement. I would at least have liked to see some of the savings from reducing government contributions be applied to serving those groups where we see the widest retirement savings gaps." But other providers said the impact of the credit was not material for most KiwiSaver members. Anyone who was earning at least $50,000 a year and contributing 3 percent would have received the full payment. "As much as I hate to see tweaking to KiwiSaver and removing incentives erodes confidence, when you're looking to find balance in the economy and make a saving, on a cost benefit basis, it's probably okay."
