The Finance Minister has accused mayors and councillors of ignoring their bases when it comes to spending. 

Speaking at Thursday's Local Government New Zealand conference on Wednesday, Chris Luxon told councils to tighten their belts and stop wasteful spending.

Nicola Willis says city and regional councils have lost touch with their ratepayers.

"For mayors and councillors, in some cases, to be so out of touch with that - is a real worry."

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The Finance Minister has accused mayors and councillors of ignoring their bases when it comes to spending. 
Speaking at Thursday's Local Government New Zealand conference on Wednesday, Chris Luxon told councils to tighten their belts and stop wasteful spending.
Nicola Willis says city and regional councils have lost touch with their ratepayers.
"For mayors and councillors, in some cases, to be so out of touch with that - is a real worry."
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

Nicola Willis: Finance Minister on Prime Minister Luxon telling local councils to stop wasteful spending

Italian media are reporting prosecutors have begun an official investigation of New Zealander James Cutfield, captain of the British flagged superyacht that sank of Sicily last week.

Reuters is not able to independently verify the decision and says being placed under investigation doesn't imply guilt or mean formal charges will follow.

On the weekend Italian prosecutors announced a manslaughter investigation - but at that stage were not investigating anyone in particular.

UK correspondent Gavin Grey says reports are unconfirmed.

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Italian media are reporting prosecutors have begun an official investigation of New Zealander James Cutfield, captain of the British flagged superyacht that sank of Sicily last week.
Reuters is not able to independently verify the decision and says being placed under investigation doesn't imply guilt or mean formal charges will follow.
On the weekend Italian prosecutors announced a manslaughter investigation - but at that stage were not investigating anyone in particular.
UK correspondent Gavin Grey says reports are unconfirmed.
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Gavin Grey: UK correspondent on captain James Cutfield facing investigation over Bayesian superyacht sinking

US Federal Reserve chair Jerome Powell has hinted interest rate cuts could be coming from September.

In a recent address, Powell indicated upside risks to inflation have diminished, and the downside risks to employment have increased.

Harbour Asset Management's Shane Solly says these comments struck the right tone with markets, causing sharemarkets to go up as a result.

LISTEN ABOVE

US Federal Reserve chair Jerome Powell has hinted interest rate cuts could be coming from September.
In a recent address, Powell indicated upside risks to inflation have diminished, and the downside risks to employment have increased.
Harbour Asset Management's Shane Solly says these comments struck the right tone with markets, causing sharemarkets to go up as a result.
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Shane Solly: Harbour Asset Management spokesperson on the US potentially cutting interest rates

More and more businesses have begun utilising AI for recruiting staff - and jobseekers have concerns.

Spark, Kmart and Woolworths all use Sapia.ai software to conduct automated chat and video interviews with an AI-based 'smart interviewer'.

Chief executive and platform founder Barb Hyman says the AI eliminates the bias human recruiters bring to job interviews.

LISTEN ABOVE

More and more businesses have begun utilising AI for recruiting staff - and jobseekers have concerns.
Spark, Kmart and Woolworths all use Sapia.ai software to conduct automated chat and video interviews with an AI-based 'smart interviewer'.
Chief executive and platform founder Barb Hyman says the AI eliminates the bias human recruiters bring to job interviews.
LISTEN ABOVE

Nicola Willis: Finance Minister on Prime Minister Luxon telling local councils to stop wasteful spending

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