What’s in the newspapers - Nov 29
The Labour Party will monetise its party conference by running a $1500-a-head fundraising business seminar in Whanganui on Friday where ministers are gathering for the party's annual conference; and banks could take a more lenient approach to assessing whether borrowers can afford a mortgage, the Reserve Bank has suggested .
* The New Zealand Herald
In the New Zealand Herald, a dietician says New Zealand should dump a children’s health check tool that can lead to preschoolers being labelled fat and unhealthy when they might not be.Pegasus Health dietician Lucy Carey criticised the effectiveness of the weight-height Body Mass Index (BMI) test in a New Zealand Medical Journal article published today. The test is used by health professionals during the Ministry of Health’s Before School Checks (B4SC).
In other news, the Labour Party will monetise its party conference by running a $1500-a-head fundraising business seminar in Whanganui on Friday where ministers are gathering for the party's annual conference. Wealthy businesses and advocates are expected to help raise at least $40,000 for Labour's campaign coffers as they rub shoulders with a wide range of the party's ministers and MPs, including Prime Minister Jacinda Ardern.
In business news, data conducted by price comparison website PriceSpy reveals that Black Friday sales aren't always worth the hype.While there are savings to be had, PriceSpy found that one in almost 10 products listed on its website actually increased in price on Black Friday, and that discounts offered on some products were way below what consumers expected from the flash discount day.
* The Dominion Post
In the Dominion Post,"considerable" delays could see the Transmission Gully motorway only just make a 2020 opening.Construction began on the 27 kilometre-long road in 2015, with April 2020 initially touted as the month traffic would finally flow onto four-lanes connecting Linden in north Wellington to Paekakariki on the Kapiti Coast.
In other news, patients are having their hopes dashed by being put on waiting lists for elective surgery when there is no chance they will be seen within the four month threshold. The interim chief executive of the Hawke's Bay District Health Board, Craig Climo, has told management that more control was required over the number of people entering the system.
In business news, banks could take a more lenient approach to assessing whether borrowers can afford a mortgage, the Reserve Bank has suggested.All banks use a test interest rate to determine whether borrowers can meet the repayments on loans they want to take out.
In The Press, ‘‘after 40 years, on behalf of today’s Government, the time has come to apologise for the actions of an airline then in full state ownership, which ultimately caused the loss of the aircraft and the loss of those you loved. We will never know your grief, but I know the time has come to say I am sorry.’’- Prime Minister Jacinda Ardern
In other news, an unseasonal day of high air pollution in Christchurch has authorities scratching their heads to figure out the cause. The Garden City recorded its seventh high air pollution day of the year on Wednesday. Timaru also recorded puzzling high pollution readings on Tuesday and Wednesday.
In business news,there are fewer female chief executives at NZX-listed companies than there are chief executives named Mark, a Stuff survey shows.A review of the NZX main board found five women heading up companies, while there were eight companies run by a "Mark", including the NZX's Mark Peterson.
Help us create a sustainable future for independent local journalism
As New Zealand moves from crisis to recovery mode the need to support local industry has been brought into sharp relief.
As our journalists work to ask the hard questions about our recovery, we also look to you, our readers for support. Reader donations are critical to what we do. If you can help us, please click the button to ensure we can continue to provide quality independent journalism you can trust.