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New Zealand will phase out smoking to citizens born after 2008

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2 years ago

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New Zealand has become the first country to legislate a tobacco ban for young people

Wellington lawmakers have passed legislation, which will see a near-complete ban of tobacco products.

It means citizens born after 2008 will not be able to purchase cigarettes or tobacco products.

New Zealand’s Health Minister Ayesha Verrall said the legislation is a step towards a smoke-free future.

“Thousands of people will live longer, healthier lives, and the health system will be NZ$5 billion better off from not needing to treat the illnesses caused by smoking.”

Around 8 per cent of New Zealanders currently smoke—the lowest figure in the nation’s history.

“It means nicotine will be reduced to non-addictive levels and communities will be free from the proliferation and clustering of retailers who target and sell tobacco products in certain areas,” Dr Verrall said.

The legislation seeks to decrease the number of younger people purchasing tobacco products.

It means 40-year-olds will not be able to buy cigarettes by 2040.

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Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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ASX positioned for strong start after positive stock rebound

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2 days ago

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September 10, 2024

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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3 days ago

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September 9, 2024

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Treasury Secretary believes the U.S. are on track for a “safe landing”

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3 days ago

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September 9, 2024

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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