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New Zealand declares National State of Emergency

Published

1 year ago

February 14, 2023

ticker NEWS

New Zealand has declared a National State of Emergency due to the impact of Cyclone Gabrielle.

The Minister for Emergency Management signed the declaration early Tuesday morning.

This is only the third time in New Zealand’s history that a National State of Emergency has been declared.

Thousands are without power in New Zealand as a tropical cyclone hits part of the country.

Gabrielle was downgraded from a category two to a category one storm before it made landfall.

“It’s a one in 100 year weather event and we seem to be getting a lot of them at the moment,” said Prime Minister Chris Hipkins.

But New Zealand is bracing for even more severe weather.

The regions of Northland and Auckland are under a state of emergency.

Professor Ian Young from the University of Melbourne said climate change is prompting western countries to act.

“Right now, the annual impact of coastal flooding is about 0.3% of global GDP. And we estimate that if we do nothing that will rise to about 3% of GDP,” he said.

Air New Zealand has cancelled over 500 flights with services expected to resume on Tuesday.

The airline is adding 11 extra flights to help with the recovery effort.

Meanwhile, the New Zealand Defence Force has located 150 staff throughout Auckland and neighbouring regions.

“This is part of a growing problem for low lying countries. Look at developed nations particularly those in Asia, places like Bangladesh, in particular areas in Egypt, in the Delta of the Nile, for instance.

“These are relatively low elevation areas, so they’re particularly vulnerable to sea level rise and to extreme coastal flooding,” Professor Young said.

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Why Australia is becoming the new home of the Hollywood blockbuster

Published

2 days ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending