India–NZ trade politics: Coalition partners are clashing over India FTA immigration settings, with NZ First alleging covert changes and Trade Minister Todd McClay pushing back over “misinformation” and possible legal fallout. AI security: A Cambridge report warns advanced AI could let criminals and hostile states run cheaper, faster cyberattacks and accelerate fraud and disinformation. NZX & FX: The NZX 50 ended the week fractionally lower as Freightways and Fletcher Building rallied on rate-hike hopes and a weaker kiwi, while tech worries lingered. Local government rates: Wellington City is consulting on a major rates shake-up, moving toward land-value based charging, while Rangitīkei kept average increases to 6.4% (below earlier forecasts). Auckland market licence: Māngere Markets Trust says it’s “very disappointed” after losing the Māngere Markets licence after 29 years, pointing to a local board-led EOI process and Auckland Council’s decision. Dairy export push: Foreign firms are backing dairy’s green and digital transition, with NZ dairy brands continuing to expand in Vietnam. Health & safety: Food Safety NZ is investigating complaints over recalled NZ Muscle creatine products, with multiple items pulled from shelves. Business & tech expansion: Revolut is expanding in New Zealand with a business platform for SMEs, as banks and fintech compete for growth.