Heather du Plessis-Allan Drive

Air New Zealand's chief executive warns that their fares are unlikely to go back to pre-pandemic levels.

The company today reported a full-year underlying profit of $585 million on operating revenue of $6.3 billion, up 9 per cent on pre-Covid levels.

This result is a turnaround on pre-tax losses of $725m last year. 

CEO Greg Foran says customers should expect prices to come down as they add more seats, but they'll never match 2019's offerings.

"There are so many dynamics at play, but if I look ahead and say- what's going to happen to, say, North America over Christmas? We've got about 40 percent more capacity in there, we're back flying to what we were- I think we'll see prices ease."

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Christchurch rapists Roberto and Danny Jaz have been sentenced to lengthy jail terms.

Danny has 16 and a half years, and Roberto, 17 years- the pair must serve at least half before parole is possible.

Roberto Jaz told a a pre-sentence report writer he did nothing wrong.

Herald reporter Anna Leask says  he claims the abuse was consensual- and he doesn't accept the Judge's verdict.

"Which is unfathomable, when you look at the evidence and the outcome. Danny Jaz has refused to engage. It's his right, but he's refused to engage with report writers, so we don't actually know what he's thinking."

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National MP Tim Van der Molen has been censured following allegations of violence.

The Privileges Committee has found he engaged in threatening and physically intimidating behaviour against Labour MP Shanan Halbert in a stand-off at the Transport Select Committee.

National leader Chris Luxon has stripped him of his portfolios.

ZB senior political correspondent Barry Soper says he's seen worse behaviour from MPs over the years, which shows standards have changed.

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The All Blacks are fielding as close to a full strength side as possible for Saturday morning's last pre-World Cup test against South Africa in London.

Outside of starting hooker Dane Coles and Luke Jacobson featuring at blindside for the injured Shannon Frizell, the rest of the run-on side is close to what might meet France in the opening match of the tournament.

Sportstalk host D'Arcy Waldegrave weighs in on what we can expect from this match.

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A man's running for Parliament as an independent - who last year was found not guilty by reason of self defence, after instructing his son to cut a finger off a teen home invader.

Farmer William Bruce Burr appeared in a Hamilton High court trial last year.

He's standing in the Taranaki-King Country electorate.

He says he expects to win votes on a platform of fixing law and order.

"There's just got to be a change, because I've got grandkids- our community, our country is just unbelievable."

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A 40-year old woman in the UK has undergone the region's first successful womb transplant.

The woman donated her uterus to her younger sister, who plans to undergo IVF later this year.

UK correspondent Gavin Grey says the procedure comes with several risks, but hundreds of women have contacted Oxford Transplant Centre about receiving similar procedures. 

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Tonight on The Huddle, Jack Tame from ZB's Saturday Mornings and Q&A and Business Mentors NZ CEO Sarah Trotman joined in on a discussion about the following issues of the day- and more!

There's growing calls for David Seymour to apologise following his controversial comments about sending Guy Fawkes into the Ministry of Pacific Peoples after he seemingly doubled down. Should he apologise, or does ACT have bigger issues to worry about?

National MP Michael Woodhouse says he lost out on a good list placing due to diversity. Was National right to prioritise an equal spread of men and women? How important is diversity for political parties? 

The Taxpayers Union has called for an immediate end to parties for bureaucrats after the Department for Internal Affairs spent $16,000 on a welcome party- does this need to be reigned in? 

The Australian Government is considering banning bosses from contacting their employees outside of working hours- unless they’re getting paid for it. Could this work?

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Retail spending is continuing to decline as people opt to spend less money, according to new Stats NZ data.

The total volume of retail sales fell 1 percent in the June quarter compared to the March quarter in the third consecutive quarterly decline, following on from March and December.

Infometrics principal economist Brad Olsen says inflation and interest rates are finally hitting consumers, forcing households to tighten their belts as more people join the economy.

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ANZ has followed in ASB's footsteps in lifting mortgage and term deposit rates.

Most of the increases target mortgages with two or more years, raising most of those rates by 20 basis points.

NZ Herald Wellington business editor Jenee Tibshraeny says ANZ is blaming rising wholesale interest rates and inflation for these hikes- but it's tough to say if this is a justification. 

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ANZ has followed in ASB's footsteps in lifting mortgage and term deposit rates.

Most of the increases target mortgages with two or more years, raising most of those rates by 20 basis points.

NZ Herald Wellington business editor Jenee Tibshraeny says ANZ is blaming rising wholesale interest rates and inflation for these hikes- but it's tough to say if this is a justification. 

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See omnystudio.com/listener for privacy information.