Airbnb rates in Christchurch have fallen for the first time in five years, as hosts flood the market before the new stadium opens.

The Press reports average short-term rental income dropped to $105 a night last year - down $2 annually.

Construction market analyst Mike Blackburn says multi-unit builds are dominating the city, with some apartments just 39 square metres with no carpark.

"These are units that are part of 20 or 30 units in a block, and they're specifically being built and being marketed and sold as Airbnb units."

LISTEN ABOVE

Airbnb rates in Christchurch have fallen for the first time in five years, as hosts flood the market before the new stadium opens.
The Press reports average short-term rental income dropped to $105 a night last year - down $2 annually.
Construction market analyst Mike Blackburn says multi-unit builds are dominating the city, with some apartments just 39 square metres with no carpark.
"These are units that are part of 20 or 30 units in a block, and they're specifically being built and being marketed and sold as Airbnb units."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Mike Blackburn: construction market analyst on Airbnb rates in Christchurch dropping

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/db4fbe69-266f-4c1f-a7fc-b3f300417e0c/transcript

Microsoft has today announced it will double its existing AI and digital skilling commitment in New Zealand, with a plan to train up over 200,000 Kiwis by 2028.

The company has observed this training will help many businesses, with survey data showing 59 percent of Kiwi business leaders say productivity must increase.

Microsoft's national chief technology officer, Sarah Carney, says upskilling will help unlock more opportunities for New Zealand's future.  

"Skilling is how you unlock that. Teach people how to use the tools and set them free." 

LISTEN ABOVE

Microsoft has today announced it will double its existing AI and digital skilling commitment in New Zealand, with a plan to train up over 200,000 Kiwis by 2028.
The company has observed this training will help many businesses, with survey data showing 59 percent of Kiwi business leaders say productivity must increase.
Microsoft's national chief technology officer, Sarah Carney, says upskilling will help unlock more opportunities for New Zealand's future.&nbsp;&nbsp;
"Skilling is how you unlock that. Teach people how to use the tools and set them free."&nbsp;
LISTEN ABOVE

Sarah Carney: Microsoft's national chief technology officer on the company's plan to digitally upskill 200,000 Kiwis

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3d0dafc1-48f4-40ff-9ccd-b4330078ec37/transcript

Auckland-based company Lanaco had its EcoStatic air filters on board the Artemis II mission, NASA's first crewed lunar flyby in 50 years.

The filters were also on board an unmanned flight in 2022.

They can be used during a fire on board, which presents unique challenges in a weightless environment, because there’s not only smoke and other toxic particles, but water droplets floating around as well.

The Country's Jamie Mackay explained further.

LISTEN ABOVE

Auckland-based company Lanaco had its EcoStatic air filters on board the Artemis II mission, NASA's first crewed lunar flyby in 50 years.
The filters were also on board an unmanned flight in 2022.
They can be used during a fire on board, which presents unique challenges in a weightless environment, because there’s not only smoke and other toxic particles, but water droplets floating around as well.
The Country's Jamie Mackay explained further.
LISTEN ABOVE

Jamie Mackay: The Country host on the Auckland-based wool company involved in the Artemis II mission

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e6662b73-0468-49c2-a6a0-b43300757ced/transcript

Well, blow me down - they had a leadership vote in caucus, called by Chris Luxon himself, and he survived.

Good on him for doing that. That is exactly what I said  he had to do if he wanted to shut this stuff down for the next week and a bit that Parliament has left to sit.

And even if you think sticking with Chris Luxon was the wrong call by the National Party - which, by the way, I do; I still think he needs to go before the election - you’ve got to respect the fact he had the courage to do this.

Leadership votes are always a big risk. They’re always a guess. It doesn’t matter what the MPs say to you. It doesn’t matter if they tell you they’re going to support you. When it comes down to it, and it’s a secret ballot, it’s always a roll of the dice. It takes real steel to do that and he had it.

Now the question, of course, is: is that it? Right - is it going to be quiet all the way through to November’s election?He’s going to be the leader, nothing more to say? Not necessarily.

I think this increases his chances of staying on because it has to have killed off any spill momentum his detractors might have had - at least for now. And it has to have lifted his confidence, which in turn has to lift his media performance, surely to God.

But ultimately, none of that really matters. It’s the polls that determine his future. If National keeps on this downward trend they’ve been on for two years, and if it drops another 2 percent and is sitting on 27-point-something in the next few weeks, all of this is just going to start up again. MPs will see themselves at risk of losing their jobs, they’ll freak out and the chatter will resume.

What this does do is, first, buy him a significant amount of time to lift those polls. And second, it has to earn him a grudging respect from his MPs, who now have to look at this and say he’s more of a formidable opponent than they might have thought.

Even if it’s just grudging respect for calling the bluff of the leakers, that’s what he’s done. It turns out they never had the numbers they pretended they had.

LISTEN ABOVE

Well, blow me down - they had a leadership vote in caucus, called by Chris Luxon himself, and he survived.
Good on him for doing that. That is exactly what I said &nbsp;he had to do if he wanted to shut this stuff down for the next week and a bit that Parliament has left to sit.
And even if you think sticking with Chris Luxon was the wrong call by the National Party - which, by the way, I do; I still think he needs to go before the election - you’ve got to respect the fact he had the courage to do this.
Leadership votes are always a big risk. They’re always a guess. It doesn’t matter what the MPs say to you. It doesn’t matter if they tell you they’re going to support you. When it comes down to it, and it’s a secret ballot, it’s always a roll of the dice. It takes real steel to do that and he had it.
Now the question, of course, is: is that it? Right - is it going to be quiet all the way through to November’s election?He’s going to be the leader, nothing more to say? Not necessarily.
I think this increases his chances of staying on because it has to have killed off any spill momentum his detractors might have had - at least for now. And it has to have lifted his confidence, which in turn has to lift his media performance, surely to God.
But ultimately, none of that really matters. It’s the polls that determine his future. If National keeps on this downward trend they’ve been on for two years, and if it drops another 2 percent and is sitting on 27-point-something in the next few weeks, all of this is just going to start up again. MPs will see themselves at risk of losing their jobs, they’ll freak out and the chatter will resume.
What this does do is, first, buy him a significant amount of time to lift those polls. And second, it has to earn him a grudging respect from his MPs, who now have to look at this and say he’s more of a formidable opponent than they might have thought.
Even if it’s just grudging respect for calling the bluff of the leakers, that’s what he’s done. It turns out they never had the numbers they pretended they had.
LISTEN ABOVE

Perspective with Heather du Plessis-Allan: You've got to respect Chris Luxon's courage

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/101da818-ef39-4581-a6cb-b433006ad0d2/transcript

Mike Blackburn: construction market analyst on Airbnb rates in Christchurch dropping

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