 1. Exited staff:A recent poll from PasswordManager.com revealed that 40% of full-time U.S. employees are using login credentials from a previous employer to access accounts, tools, and services. Fifteen % were still using these credentials, while 40% reported having done so for a year. Six in 10 of these employees said they were able to access their former work accounts because their employer never changed the password. A cybersecurity expert warned organisations that they put themselves at risk for not properly offboarding an employee. As part of the exit process, all company access should be revoked from the former employee. If this does not happen, the company exposes itself to unnecessary risk, such as data breaches, intellectual property theft, financial loss, disruption of operations, and reputational damage |
| 2. Market growth: New Zealand’s estimated population was 5,311,100 on 31 December 2024. In 2024 the population grew by 47,800 people, or 0.9 percent. Net migration contributed 27,100 to growth, and natural increase contributed 20,700. The North Island’s resident population reached 4 million in late 2023, and in June 2024 the South Island’s population was at 1,242,300. (23% NZ population)  |
| 3. Aware of Substandard repairs: A NZTA light vehicle structural repair certifier can inspect repairs and provide a report. Here’s why and how this is a good approach:Their Role: A NZTA structural repair certifier’s duty is to ensure that a vehicle repaired after significant damage to its structure, chassis, suspension, or occupant protection system is within “safe tolerance” of the manufacturer’s specifications.Expert Opinion: The certifier is an independent, Waka Kotahi NZ Transport Agency-appointed professional who is required to follow the Vehicle Inspection Requirements Manual (VIRM) for light vehicle repair certification. Their report will be based on these official standards and is considered a credible and objective assessment.Dispute Resolution: In the event of a dispute between you, your insurance company, and the repair provider, a report from a structural repair certifier provides a clear, technical basis for your claim. It outlines whether the repairs meet the required safety standards and identifies any deficiencies.What certifiers do: The certifier’s inspection may be comprehensive, involving the disassembly of parts to thoroughly check the work. They can issue a report that details their findings. Even if a vehicle has been repaired and is already on the road, a certifier can be employed to supervise a repair or provide a report in the event of a dispute. |
| 4. Substandard repairs – suggested steps: Find a Certifier: You can find a list of specialist repair certifiers on the RepairCert NZ website.Request a full Inspection of the repairs to the vehicle.Ask the certifier to provide a detailed written report outlining their findings, including any areas where the repairs do not meet the required standards.Submit the Report to your insurance company and the repair provider as evidence of the substandard work. This will give you a strong position to request that the repairs be corrected to the required standard. |
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| 5. EV Range Anxiety: The Australian Automobile Association (AAA) conducted EV tests as part of its Real-World Testing program to assess whether electric vehicles travel as far on a single battery charge as advertised. The tested EVs’ driving range was between five and 23 per cent less in real driving conditions than recorded in laboratory tests by their manufacturer. The 2022 Kia EV 6 and the 2024 Tesla Model Y both had driving ranges of 8 per cent less in the real-world tests than recorded in laboratory tests. The 2024 Tesla Model 3 had a real-world range of 441km on a full charge, 14 per cent less than the 513km achieved in the lab. The 2023 BYD Atto 3 recorded the largest variation from its lab test, with a real-world range of 369km on a single charge – 23% less than the 480km recorded in its laboratory test. |
| 6. IAG New Zealand announced an insurance profit for financial year ending June 2025 of AU$606 million, (NZD666m) up from AU$457 million with a reported insurance margin of 27.4% (FY24: 22.5%), stating the result, reflects the lower cost of natural disasters.“New Zealand is highly exposed to natural hazards and weather-related disasters and their growing impacts,” said Amanda Whiting, CEO of IAG New Zealand. “We must remain financially strong to be able to pay claims and help our customers recover from the next big event, and today’s results help us do this.” |