Heather du Plessis-Allan Drive

OpenAI recently reached an agreement for Sam Altman to return as CEO days after his ousting. It caps frenzied discussions about the future of the start-up at the centre of the artificial intelligence boom. As well as Altman's return, the ChatGPT maker has agreed in principle to partly reconstitute the board of directors that had dismissed him. Sam Dickie from Fisher Funds explains what this means...

Good news for Kiwi bakers out there- egg prices are on their way down. Eggs have been in short supply - and expensive - since the start of the year when a ban on battery-caged hens came into effect, sparking shortages across the country. The Country's Rowena Duncum says thing brings a positive conclusion to a turbulent year. LISTEN ABOVE   See omnystudio.com/listener for privacy information.

Westpac is cutting some of its longer-term fixed special home loan rates- making it the first major bank to do so. The bank's two- and three-year fixed home loan rates will drop 10 basis points to 6.99 percent and 6.75 percent, and the four-year and five-year rates will drop to 6.69 percent and 6.49 percent. NZ Herald business editor at large Liam Dann explains what this means for the wider market...

Wildfires ravaging through Perth are expected to continue for several days, as firefighters work to contain the blaze.  At least 10 homes have been lost, while over 500 people are without electricity and 100 transmission lines have been impacted by the extreme conditions. Australian correspondent Murray Olds says over 125 firefighters are out on the ground, with several injuries reported. LISTEN A...

A stop clock will be introduced on a trial basis in men’s white-ball games from December to April to regulate the amount of time taken between overs. If the bowling team is not ready within 60 seconds of the previous over being completed, a five-run penalty will be imposed the third time this occurs in an innings. Sportstalk host D'Arcy Waldegrave explains the practical applications of this rule c...

New Zealanders can soon expect to see a clear picture of what the new Government will do. Prime Minister-elect Chris Luxon has confirmed coalition negotiations between National, ACT and New Zealand First have wrapped up. Luxon says the agreements are before the respective parties for sign off- and he'll reveal his Cabinet and their policies tomorrow. ZB political editor Jason Walls says all eyes w...

Meal kit delivery service My Food Bag's latest profits have more than halved as customers seek to cut costs. The company's half year profit shows a significant decline, and a planned dividend has been axed.   Devon Funds Head of Retail Greg Smith says customers have been forced to cut back amid increased interest rates and inflation. "Their average value has gone down- meanwhile, obviously costs h...

One Auckland man is stepping up his Movember activism beyond growing facial hair. Robbie Wearing has run a marathon every day of this month - rain or shine - to raise awareness for the cause. He says he's only completed a handful of marathons in his lifetime before November of this year- making this the biggest challenge he's taken on. "I get up and just think- yeah, I'm really lucky to be able to...

A Gisborne woman's died in a police cell overnight- a day after being convicted of her father's murder. 63-year-old Lynne Maree Martin was yesterday found guilty of killing 88-year-old Ronald Allison by burning down his house. After what was thought to be forever a cold case, his daughter was arrested and charged with murder just last year. ZB reporter Chelsea Daniels says it was revealed a police...

All three parties in the incoming Government have agreed on a coalition deal- which will be signed tomorrow. A joint statement from Chris Luxon, David Seymour and Winston Peters has announced negotiations to form a government that will deliver for all New Zealanders have concluded. ACT party leader David Seymour says the new Government will be ready to tackle the 'substantial' challenges impacting...

A controversial sex education book for teenagers that was pulled from shelves in Australia has been given an unrestricted rating by our chief censor. The classification means parents can decide for themselves if the book is right for their teenagers. Family First spokesperson Sue Reid says they've got concerns around the age appropriateness. She says the book is pitched at 14 year olds, but looks...

Gang members from around the country are expected to descend upon Auckland for a tangi. William 'Bird' Hines' farewell is expected to be the largest gang funeral in New Zealand history. He had years of poor health from type two diabetes and was released from prison on compassionate grounds. The Herald's Jared Savage says he had a ferocious reputation and younger gang members looked up to him. "He...

I think David Seymour has reason to be pretty salty if he isn't given the Deputy Prime Minister’s job. This is not really about whether the job is really a job or whether it's just ceremonial. The fact is- it is a title. And that title implies seniority, it means whoever gets the Deputy Prime Minister role is the second most senior person in the Government. And it would be pretty bizarre if Nation...

UK Prime Minister Rishi Sunak has made it clear that the sovereignty of the Falkland Islands is not up for discussion. Argentina's new Prime Minister Javier Milei recently claimed it was time to 'get them back' and his Government would work to get sovereignty. In a 2013 referendum, the people of the Falkland Islands voted 99.8 percent in favour of remaining a UK overseas territory. UK Prime Minist...

Tonight on The Huddle, Jordan Williams from the Taxpayers' Union and Ali Jones from Red PR joined in on a discussion about the following issues of the day- and more!  Nicola Willis has confirmed she won't be the Deputy Prime Minister, and Luxon said she was never in the running. Is this true? Who are our picks for the role? The incoming Government will have to find a quarter of a billion dollar to...

There's early signs that mortgage rates could be on the downswing again. New Zealand's wholesale interest rates have fallen sharply over the last month- and both the two-year and ten-year swap rates have dropped. NZ Herald Wellington business editor Jenee Tibshraeny says banks still have yet to move their rates down, despite these early signs. LISTEN ABOVE See omnystudio.com/listener for privacy i...

Nvidia's latest quarterly results have surpassed expectations amid increased demand for AI. Demand for Nvidia’s graphics processing units has been exceeding supply, and the company has tripled its year on year revenue.  Milford Asset Management's Felix Fok explains why the company is thriving amongst the AI wave.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Chris Luxon says he didn't lobby for his party deputy, Nicola Willis, to be Deputy Prime Minister. The role remains one of the last sticking points of Coalition negotiations, with policies and other ministerial positions largely agreed. Willis today said she wasn't in the race and Winston Peters or David Seymour are likely to get the job. ZB political editor Jason Walls says it's looking likely th...

Elon Musk has confirmed that advertising revenue from X, formerly Twitter, will be donated to war-torn Gaza and the hospitals in Israel.   The move comes amid increased backlash against Musk, after he posted support for anti-Semitic content on the site.  US correspondent Dan Mitchinson says Apple, Disney and IBM have already paused advertising on X. LISTEN ABOVE See omnystudio.com/listener for pri...

A fruitful season's in the wind for Kiwifruit growers this year. Zespri's seasonal November forecast projects record returns for all its fruit crops. The fruit company is putting it down to growers' efforts to improve quality, despite harsh conditions in recent years. Zespri Head of Global Public Affairs Michael Fox says strong market demand, respect for the brand and strong supply chain partnersh...

Used car distributor Turners Automotive has gone from strength to strength in recent months. The company saw revenue increase 16 percent to $213.9 million, while its after-tax profit rose by 8 percent. Chief Executive Todd Hunter says the combination of a shifting market and a successful ad campaign is helping the company sell more cars. "It's the Tina effect, it's been very good for our lead gene...

Experts are firing back at the assertion that the perfect steak can be cooked in the microwave. One scientist recently made the bold claim that the best way to prepare a steak is to skip traditional cooking methods- and heat it with a microwave. Beef + Lamb Chef MacLean Fraser says it's unlikely that microwaving a defrosted steak will produce the best result. "There's a few things you should never...

The new Government needs to find a quarter of a billion dollars to settle a pay parity deal with early childhood teachers. A previous cost estimate for the settlement was found to be vastly too low. NZEI says the outgoing Government committed to paying teachers. National Secretary Stephanie Mills says problems in the sector must be sorted - or things will only get worse. "If we want to stop the re...

Tātaki Auckland Unlimited today confirmed that SailGP has chosen not to stage their March 2024 event in Auckland. The unavailability of Wynyard Point land as a spectator facility proved to be a barrier, as the land had been contaminated by oil tanks from the old tank farm. Chief Executive Nick Hill says it was always going to be a long complicated process to get that land back. "You need to get to...

Israel has agreed to a hostage swap with Hamas, but it's unclear where all the people kidnapped from Israel are. The assault on Gaza will be paused four days, in exchange for 50 women and children kept by the Palestinian military group. Israel says it will return three Palestinians for every hostage - and each 10 hostages released will extend the pause on hostilities another day. Times of Israel U...