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A New Zealand property management firm has been fined for using a QR code instead of displaying a rent amount on a physical “for rent” sign, reigniting debate around how rigidly tenancy advertising laws should be enforced in a rapidly shifting rental market.

The Reserve Bank has trimmed the Official Cash Rate by 0.25 percentage points, reducing it to 2.25% in a move that confirms monetary policy has shifted firmly into support mode. LJ Hooker Head of Research Mathew Tiller said the Bank is responding to below-trend growth and easing inflation pressures.

The Kiwi-built version of Noah’s ark has finally found its new owners. The striking timber-clad replica, perched high on Clifton Hill in Sumner, Christchurch, has sold after months of curiosity and national attention — and the buyers plan to make it their home.