New foreign buyers' exemption; Jetstar fined for misleading NZ customers; Australia and NZ compared as Kiwi exodus continues.
1 Foreign buyers: Overseas investors allowed to buy homes worth over $5m
Overseas-based investors who hold a investor residence visa will now be allowed to buy a house in New Zealand, Prime Minister Christopher Luxon has announced.
The visa offered residency to those who: Invested a minimum of $5 million into New Zealand; passed a good character test; and had acceptable health.
Luxon said the minimum value of a house that could be bought by the visa holders was $5 million, a price tag on less than 1% of New Zealand's housing supply.
2 Driver comes forward after near-miss with child caught on camera in Christchurch
The driver of an SUV involved in a near-miss with a child at a Christchurch intersection has come forward to police and been dealt with through "enforcement action".
The incident, captured on video and shared by police last week, showed the grey SUV turning right through a red arrow while a green pedestrian signal was active.
3 Jetstar fined $2.25 million for misleading New Zealand customers
Jetstar NZ has been fined $2.25 million in a "landmark case" for misleading customers over their compensation rights when flights are delayed or cancelled.
The sentence was delivered in the Auckland District Court this morning by Judge Brooke Gibson in what's been described as "one of the biggest penalties ever imposed" under the Fair Trading Act.
4 Symptoms a NZ woman ignored before she was diagnosed with cancer
When Jenna Ellen began her first round of IVF, she was filled with excitement at the thought of finally starting a family with the love of her life.
But, instead of the journey of her dreams, the then-31-year-old Auckland hairdresser was told she had stage 3 cancer.
5 Spring outlook: La Nina in play as wintry blasts give way to warmer spells
1News weather expert Daniel Corbett says Spring, which officially starts today, is arriving with a bang. He explains what we can expect in the coming days and weeks.
Watch: NZ and Australia compared - how the numbers stack up as Kiwi exodus continues
Two years after he started his stint as 1News Australia Correspondent, Aziz Al-Sa'afin re-examines whether the grass really is greener in the lucky country.
ONE BIG EXPENSE
Prices are officially stabilising, but you probably won't be noticing that at the supermarket.
Finance journalist Frances Cook suggests some other ways to cut costs.
SHARE ME