Inflation's officially higher than it's supposed to be. 

Latest Stats NZ data shows inflation's reached 3.1% – up from 3% at the last update three months ago. 

That's above the Reserve Bank's target range of 1 to 3%. 

The Herald's Liam Dann told John MacDonald it's also well above the Reserve Bank's forecast of 2.7%. 

He says there were hopes inflation was starting to fall again, so to see a rise like this isn't good at face value. 

LISTEN ABOVE 

Inflation's officially higher than it's supposed to be.&nbsp;
Latest Stats NZ data shows inflation's reached 3.1% – up from 3% at the last update three months ago.&nbsp;
That's above the Reserve Bank's target range of 1 to 3%.&nbsp;
The Herald's Liam Dann told John MacDonald it's also well above the Reserve Bank's forecast of 2.7%.&nbsp;
He says there were hopes inflation was starting to fall again, so to see a rise like this isn't good at face value.&nbsp;
LISTEN ABOVE&nbsp;

Join Kerre Woodham one of New Zealand’s best loved personalities as she dishes up a bold, sharp and energetic show Monday to Friday 9am-12md on Newstalk ZB. News, opinion, analysis, lifestyle and entertainment – we’ve got your morning listening covered.

Kerre Woodham Mornings Podcast

Liam Dann: NZ Herald Business Editor on the annual inflation rate rising to 3.1%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f0d1e733-0ef9-45cc-a4d7-b3da01754247/transcript

Ambulances have been seen coming and going from the site of a major search operation at the base of Mount Maunganui. 

Multiple people remain unaccounted for after yesterday morning's landslide, with crews working through the night to shift a massive amount of dirt and debris. 

A source has told the Herald as many as nine people are potentially trapped. 

Herald Senior Investigative Reporter Michael Morrah is on the scene and told John McDonald there's a huge amount of activity. 

He says the disaster identification team, search and rescue team, and sniffer dogs are working through the debris. 

LISTEN ABOVE 

Ambulances have been seen coming and going from the site of a major search operation at the base of Mount Maunganui.&nbsp;
Multiple people remain unaccounted for after yesterday morning's landslide, with crews working through the night to shift a massive amount of dirt and debris.&nbsp;
A source has told the Herald as many as nine people are potentially trapped.&nbsp;
Herald Senior Investigative Reporter Michael Morrah is on the scene and told John McDonald there's a huge amount of activity.&nbsp;
He says the disaster identification team, search and rescue team, and sniffer dogs are working through the debris.&nbsp;
LISTEN ABOVE&nbsp;

Michael Morrah: NZ Herald Investigative Reporter gives an update on the rescue efforts in Mount Maunganui

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/539c5684-a903-450b-9958-b3da016f41d7/transcript

People still aren't accounted for in Mount Maunganui's Beachside Holiday Park after a landslide roared into the campsite at the base of the mountain at about 9.30 this morning.  

Images show a caravan on its side inside the nearby the hot pools.  

Newstalk ZB Sport reporter Brian Kelly says about 30 police cars have arrived – the most he's seen in the town.   

He says there’s a couple of helicopters, seven or eight fire engines, and a digger on scene, and the only comment he’s gotten is from a police officer who was sprinting past, saying the slip is bad. 

The torrential rain that's lashed the North Island's east coast has caused flooding, slips, and road closures. 

LISTEN ABOVE 

People still aren't accounted for in Mount Maunganui's Beachside Holiday Park after a landslide roared into the campsite at the base of the mountain at about 9.30 this morning. &nbsp;
Images show a caravan on its side inside the nearby the hot pools. &nbsp;
Newstalk ZB Sport reporter Brian Kelly says about 30 police cars have arrived – the most he's seen in the town. &nbsp;&nbsp;
He says there’s a couple of helicopters, seven or eight fire engines, and a digger on scene, and the only comment he’s gotten is from a police officer who was sprinting past, saying the slip is bad.&nbsp;
The torrential rain that's lashed the North Island's east coast has caused flooding, slips, and road closures.&nbsp;
LISTEN ABOVE&nbsp;

Brian Kelly: Newstalk ZB Sports reporter on the slip that hit tents and campers at a Mount Maunganui campsite

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/281a73ef-655d-4f12-8b31-b3d90173a1e8/transcript

The Prime Minister's keen to raise the retirement age -- but it's not possible in coalition with New Zealand First.

The Government is halving its KiwiSaver contribution rate -- and canning if people earning more than 180-thousand dollars.

The default rate of worker and business contributions to KiwiSaver will rise over time.

Chris Luxon told Kerre Woodham pushing out the retirement age to 67 makes sense.

He says Labour doesn't think it’s a good idea, and New Zealand First does not want to move that forward.

Luxon also spoke about the cuts the government made to make funding available elsewhere. 

Budget 2025 includes 21 billion dollars of cost-savings - 13 billion of that from the controversial change to pay equity law - raising claim thresholds.

Prime Minister Chris Luxon told Kerre Woodham these are difficult choices, but there's no way they could afford that.

LISTEN ABOVE OR WATCH HERE

The Prime Minister's keen to raise the retirement age -- but it's not possible in coalition with New Zealand First.
The Government is halving its KiwiSaver contribution rate -- and canning if people earning more than 180-thousand dollars.
The default rate of worker and business contributions to KiwiSaver will rise over time.
Chris Luxon told Kerre Woodham pushing out the retirement age to 67 makes sense.
He says Labour doesn't think it’s a good idea, and New Zealand First does not want to move that forward.
Luxon also spoke about the cuts the government made to make funding available elsewhere.&nbsp;
Budget 2025 includes 21 billion dollars of cost-savings - 13 billion of that from the controversial change to pay equity law - raising claim thresholds.
Prime Minister Chris Luxon told Kerre Woodham these are difficult choices, but there's no way they could afford that.
LISTEN ABOVE OR WATCH HERE

Best of 2025: Christopher Luxon still wants to raise the retirement age, despite opposition

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/227c211c-124e-4ba1-aa2b-b3bf0141ad41/transcript

Liam Dann: NZ Herald Business Editor on the annual inflation rate rising to 3.1%

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