Trans-Tasman Politics: Christopher Luxon and Anthony Albanese traded “tongue-in-cheek” barbs after their leaders’ meeting, a reminder that NZ–Australia ties are managed as much through public tone as policy. Aviation Costs: Air New Zealand says fuel hedging and fare rises have only cushioned 25–40% of higher jet-fuel costs, with more increases likely into 2027. Regional Connectivity: Iata’s Asia-Pacific chief questioned whether airlines should be expected to run loss-making regional routes, arguing state funding may be needed where connectivity is a national need. Housing & Energy: Fletcher Living’s Canterbury solar trial promises “zero power bills” for five years, but the savings are still based on estimates pending real-world results. Health & Equity: Pharmac’s move to consider funding Wegovy puts a spotlight on NZ’s obesity burden and the equity gap created by private costs. Fisheries: Orange roughy protections tighten as new data shows severe stock decline, with temporary seamount closures and seasonal restrictions. Construction Outlook: New building data points to a sharp slowdown, with Auckland and Wellington hit hardest, raising concerns for jobs and confidence. Business Deal: Heartland’s proposed $620m TSB purchase would create a larger “challenger bank” with a regional focus.