AGP Executive Report
Last update: 6 hours agoRugby: All Blacks captain Scott Barrett is ruled out for up to five months after back surgery is confirmed, forcing him to miss the historic South Africa tour and July Nations Championship Tests. Economy: The Reserve Bank kept the Official Cash Rate at 2.25% in a split decision, with Governor Anna Breman using a casting vote; it also signalled hikes are likely sooner than expected. Markets: NZX 50 rose as the kiwi dollar climbed after the OCR call, with Infratil a standout gainer and banks among the laggards. Environment: New Zealand scraps its standalone Ministry for the Environment, folding it into a new “mega-ministry” for cities, environment, regions and transport—prompting sharp criticism from Greens and Labour. Local government: A Wairarapa leader warns councils could be forced into a Wellington “super city” if amalgamation decisions aren’t made by the August deadline. Sport (cricket): The Black Caps begin an Ireland one-off Test at Stormont, with Ireland missing Paul Stirling and New Zealand looking to sharpen red-ball rhythm ahead of England. Community: Auckland Samoa basketball is set for the Independence tournament in Samoa, bringing young Pacific athletes home through sport.
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