Markets & Funding: The NZX 50 rose for a second week, up 1% on Friday to 13,495.63, helped by Infratil’s $103m share turnover and a smaller-than-feared settlement at SkyCity, while Meridian jumped 5.4% and Fisher & Paykel Healthcare slipped. Banking & Mortgages: Westpac says lower longer-term funding costs are feeding through to new fixed mortgage specials at 5.29% (3 years), 5.39% (4) and 5.49% (5), as markets price further OCR tightening. AI & Advertising: OpenAI expanded ChatGPT ads to Korea and also rolled out an ads manager in the U.K., with ads only for free/Go users and not on paid plans. World Cup Security: The FBI says it has intercepted at least 28 drones around SoFi Stadium and fan zones in Los Angeles, as counter-drone teams race to identify threats. Local Governance & Culture: Auckland’s mayor Wayne Brown dismissed a New Zealand First push to scrap the Independent Māori Statutory Board as “dumb, racist stuff,” arguing it undermines Te Tiriti obligations. Conservation Policy: Forest & Bird warns the Government’s conservation land reform could expose high-profile areas to sale or exchange, with critics calling the consultation rushed. Property & Crime: Christchurch theft spree offender Jennette Wikaira admitted charges and is set to be sentenced in September after targeting 11 victims.