A mayor in a region of New Zealand, who recently suggested using reverse mortgages to fund various cost-of-living increases faced by the nation’s retirees, is pushing back against the backlash his comments created. Tim Cadogan, who serves as mayor of the Central Otago district in south central New Zealand, recently fielded a question from a [...]read moreNew Zealand mayor slammed for recommending reverse mortgages
New Zealand Foreign Minister Winston Peters says alleged cyberattack ‘unacceptable’ New Zealand has accused Chinese state-sponsored hackers of infiltrating parliament, joining the United States and United Kingdom in accusing Beijing of malicious cyberactivity. New Zealand Foreign Minister Winston Peters said on Tuesday that the cyberattack was “unacceptable” and his country’s concerns had been conveyed directly [...]read moreNew Zealand says Chinese ‘state-sponsored’ group hacked parliament | Cybersecurity News
Political parties trade blame for economic slump that follows aggressive interest rate hikes to tame inflation. New Zealand has slipped into its second recession in less than 18 months, according to government figures. New Zealand’s gross domestic product (GDP) shrank by 0.1 percent during the October-December period, following a 0.3 percent contraction in the third [...]read moreNew Zealand slips into second recession in 18 months | Business and Economy