Machete found in Auckland reserve during probe into killing, bank forecasts aggressive action to come for OCR, and who's the All Blacks' most important player - Jordie or Ardie?
Machete found in Auckland reserve during probe into Kyle Whorrall's killing
Police have found a machete in an Auckland reserve five months after the killing of student Kyle Whorrall at a bus stop in April.
Whorrall, 33, was struck with a "large, bladed weapon" at a bus stop in the suburb of St Johns on April 19, sustaining "unsurvivable injuries" and later dying in hospital. Police said two assailants were involved in the attack.
Bank predicts OCR may hit 2.25% by Christmas
ASB has forecast aggressive action from the Reserve Bank to "jumpstart" the economic recovery, predicting successive rate cuts to bring the Official Cash Rate (OCR) to 2.25% by Christmas.
Released today, the bank's latest Economic Forecast Update highlighted that while the recovery was taking longer than hoped, resilient export performance and improving consumer spending were providing a "strong foundation for cautious optimism".
Fast food operator Restaurant Brands receives full takeover offer
Fast food operator Restaurant Brands has received a full takeover offer from its major shareholder, Madrid-based Finaccess Restauración, valuing the company at $630 million.
Finaccess already owned 75% of Restaurant Brands, which operated the KFC, Pizza Hut, Taco Bell and Carl's Jr brands in New Zealand.
Watch News in 90 Seconds: Vehicle crashes into restaurant, fire started
Today’s headlines, including a big bank’s prediction for interest rates, Trump’s warning over a Gaza peace plan, and the Wallabies get reinforcements for the clash against the All Blacks
WHO IS THE ONE?
With one Rugby Championship round remaining, 1News rugby experts Scotty Stevenson and Patrick McKendry rake over the big issues for the All Blacks – and reveal their picks for the best player of the tournament.
SHARE ME