AGP Executive Report
Last update: 8 hours agoBanking Leadership: ANZ NZ chief executive Antonia Watson will retire at the end of the 2026 financial year, with Ben Kelleher set to succeed her. Public Service Neutrality: Experts warn ministers are increasingly concerned about politicisation in the public service after recent Public Service Act changes, arguing career neutrality is being tested. Markets & Investing: Rocket Lab shares jumped after Nasdaq-100 inclusion was announced (effective June 22), lifting broader “space” sentiment ahead of a potential SpaceX IPO. Local Government Reform: Kaikōura residents fear losing local voice as merger talks gather pace, with options like a ward or community board on the table. Wellington Transport Perk: A tax-free public transport fare scheme is rolling out via an employee pre-tax deduction model, promising at least 30% commuting cost cuts. Online Safety: A new report from Mana Mokopuna puts children’s views at the centre of the debate on digital safety and under-16 social media restrictions. Cruise Recovery: Picton cruise bookings are up 23% for the coming season, signalling a slow return after tough years. Food & Consumer: Darrell Lea is investigating mould complaints tied to specific Rocklea Road chocolate packs.
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