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Commerce Commission moves to cap Visa, Mastercard business card fees
The Commerce Commission is proposing new interchange fee caps on Mastercard and Visa commercial credit cards that will lower costs for businesses by some $40 million a year.

The draft decision said New Zealand businesses paid about $125m a year in interchange fees to accept Mastercard and Visa commercial credit cards. ⌘ Read more

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Stop-starting infrastructure investment estimated to cost $11.8b over 25 years
The stop-starting of infrastructure investment in recent decades could have cost New Zealand more than $11.8 billion, a new report estimates.

Amid concern that high fuel costs may prompt the deferring or cancelling of projects, sector groups Civil Contractors NZ, Infrastructure NZ, and Water NZ have commissioned an economic analysis of the “true cost” of stopping … ⌘ Read more

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New science priorities will give more bang for buck: PM science adviser
New Zealand needs to get more impact out of its science research system ahead of any major funding increases, says Government science leader John Roche.

Roche is the Prime Minister’s chief science adviser and is deputy chair of the PM’s science, innovation and technology advisory council. The council has driven a programme to [reprioritise](https://businessdesk.co.nz/article/opinion/b … ⌘ Read more

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Sri Lanka eyes direct air links as NZ seeks South Asian gateway during visit by Foreign Minister Vijitha Herath
Sri Lanka’s Foreign Minister says the country wants direct air links with New Zealand, support for deeper trade ties and sees a continuing role for Fonterra in the country even after the co-operative [sold](https://businessdesk.co.nz/article/primary-sector/bonjour-lactalis-howdy-abbott-new-mainland-and-synl … ⌘ Read more

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Watson’s ‘right-hand man’ fails in counterclaims bid in looming US$101m fraud trial
Entrepreneur Owen Glenn’s successful case against fallen tycoon Eric Watson, marred by a still unpaid $50 million award following a London fraud trial in 2018, is about to get another airing.

Watson again has star billing in a trial, this time in a US$101m (NZ$170m) fraud case alongside 14 defendants, including Watson’s son Sam, who is chief executive of A … ⌘ Read more

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Oil shock a drag, not derailment for NZ economy: EY
New Zealand is likely to face a moderate economic drag rather than a derailment from the global oil shock, even if crude prices rise as high as US$125 (NZ$211.43) a barrel, EY modelling suggests – though the firm warns the shock is landing on an economy with limited room to absorb it.

Ernst & Young New Zealand’s modelling of three oil price scenarios found that the overall GDP impact would remain below that of several of th … ⌘ Read more

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[$] Open-source security is not a solo activity
Over time, many open-source maintainers face the same problem: they
lack the time to do all of the work that their project needs, and no
one else is stepping up to provide adequate help. Maintainers, though,
are often reluctant to throw in the towel. The result is suboptimal
all around; the maintainer is stressed out, project quality suffers,
and users face security risks that they may not be fully aware of. At
the 2026 [Open\
Source Summit North America](https://events.linuxfoundation. … ⌘ Read more

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[$] BPF in the agentic era
Alexei Starovoitov gave “less of a presentation, more of a scream of
realization” at the BPF track of the 2026
Linux Storage, Filesystem,\
Memory-Management, and BPF Summit. He shared a set of ideas for how BPF could
change to avoid being swept away by the sea-change in programming represented by modern
large language models (LLMs) and the coding agents based on them.
In a follow-up session, the discussion covered
more problems with how coding agents use tools … ⌘ Read more

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Tridgell: rsync and outrage
Andrew Tridgell has written a blog\
post responding to complaints that he has begun using LLM tools in
his work maintaining rsync:

Like many developers of open source packages I’ve been hit by a
flood of security reports lately in my role as the rsync
maintainer. Many of those reports are AI generated (not all though,
there are some notable ones with very careful and high quality manual
analysis).

As t … ⌘ Read more

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Security updates for Wednesday
Security updates have been issued by Debian (php-twig), Fedora (hplip, python-wsgidav, roundcubemail, and xorg-x11-server), Oracle (compat-openssl10, httpd:2.4, and kernel), Red Hat (osbuild-composer), SUSE (busybox, cloudflared, cockpit, cups, ffmpeg-4, gnutls, google-osconfig-agent, helm, hplip, kernel, kubelogin, libjxl, libsoup, libunbound8, LibVNCServer-devel, mapserver, nvidia-open-driver-G06-signed, nvidia-open-driver-G07-signed, openssh, python-idna, qemu, rqlite, shadowsocks … ⌘ Read more

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NZ sharemarket flat while US stocks skyrocket
It was all quiet on the New Zealand sharemarket, and investors were captivated by one of the fastest rises from the United States S&P 500 Index in its long history, fuelled by AI-linked stocks.

The S&P/NZX 50 Index slid gradually throughout the day in a choppy session, closing at 13,115.08, down 55.63 points, or 0.42%. ⌘ Read more

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SBS Bank’s profit slips as tech-overhaul expenses weigh
SBS Bank’s after-tax profit slipped lower in the March year as its modernisation expenses acted as bottom-line ballast amid a performance the deposit taker called resilient.

“This has been a year of steady progress for SBS,” group chief executive Mark McLean said, while noting the overall challenging economic environment. ⌘ Read more

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Rio Tinto’s NZ aluminium arm posts $176m profit
Rio Tinto’s New Zealand aluminium business remained strongly profitable in 2025, with parent company Pacific Aluminium posting a $176 million profit as sales revenue rose to $1.49 billion and production increased at Tiwai Pt.

Pacific Aluminium (New Zealand), which owns 100% of New Zealand Aluminium Smelters (NZAS), reported pre-tax profit of $246m for the year ended Dec 31, 2025. ⌘ Read more

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Financial Markets Authority files 61 charges over alleged mortgage fraud
New Zealand’s financial regulator has filed 61 charges against six individuals over an alleged mortgage fraud.

The charges were filed at the Manukau District Court by the Financial Markets Authority (FMA) under the Crimes Act 1961, the Secret Commissions Act 1910 and the Financial Markets Authority Act 2011. ⌘ Read more

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MOVE Logistics pays tribute to founder Jim Ramsay
MOVE Logistics has paid tribute to founder Jim Ramsay, who has died.

Described by the NZX-listed firm as a pioneer of the trucking and logistics industry, Ramsay had a 50-year career during which he bought New Plymouth-based trucking company Hooker Bros in 1988, growing this 30-truck business through acquisitions into the Transport Investments Group, now called MOVE Logistics. ⌘ Read more

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QuiznessDesk, Wednesday, June 03
New Zealander Taika Waititi has only directed one film that he did not write. It was a Marvel Cinematic Universe film. What’s the film?
The Ural Mountains form a natural border between which two continents?
The Barbary lion went extinct in the wild around how many years ago? 80, 120, or 200?
What “C” peak in Queenstown, New Zealand, is a skiing mountain, whose name is the same as a crown that is commonly worn by lesser royalties, such as those with peerage?
In … ⌘ Read more

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ComCom to file charges against BP over incorrect pricing
In a statement on Wednesday morning, the Commerce Commission announced it would file charges against BP under the Fair Trading Act for allegedly failing to provide customers with discounts to which they were entitled.

ComCom’s deputy chair, Anne Callinan, said, “We expect big businesses to take the time and effort to get pricing and promotions right. ⌘ Read more

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In-reply-to » @lyse By the way, which site generator are you using? I kind of miss having code blocks with syntax highlighting and that generic yellow highlighting thing is pretty cool, too.

@movq@www.uninformativ.de It’s the “Lyse types the entire HTML by hand” generator. Yes, no kidding. I write articles so rarely, that I can do that once in a while. It’s fun to some degree, but also not.

After some time, I finally recorded some Vim macros to insert <b>…</b>, <var>…</var>, <span class=s>…</span> etc. around the tokens. This helped a little bit. But I was still questioning my mental state doing it like that. I also had to fix a bunch of the end tags by hand, because the word movement wasn’t enough or the end movement went too far. Quite the annoying process for sure.

But I think the HTML looks a wee bit nicer and is maybe even semantically a little bit better than having only <span>s everywhere. I find the <span class="whatever"> just soo awfully long. Of course, I never look at the code again, but knowing, that e.g. there is a <b> and it saves so many bytes in comparison, makes me happy. It is a more elegant solution in my opinion. Not by much, but better nonetheless. It’s a matter of simplicity. Admittedly, even I can’t avoid the <span>s alltogether. Oh well. On the other hand, I’m sure that this does not make any difference whatsoever. I bet, nobody and nothing, like a screenreader, analyzes the HTML for that, where this would be truly useful.

Oh! Maybe text browsers, though. It just occurred to me while composing this reply. :-) Haha, I lost my bet quickly. w3m picks up at least the <b> for keywords and builtin types, <u> for filenames and <i> for comments. Yey. No different styles for <var> and <mark>, unfortunately. elinks only renders the bold. It’s cool that I had the right intuition right from the beginning, despite being unable to pinpoint it. :-)

All the <span> hell with common syntax highlighters is a downer for me that keeps me from looking more into them. If I wrote more articles, I might rig something up with Pygments. At least that’s somehow positively connotated in my brain. Not sure if it actually deserves it, but I dealt with that in some loose form (can’t even remember) years and years ago. Apparently, it wasn’t too terrible.

To prepare the table of contents, I used grep and sed with some manual intervention in the end. The entire process can be improved. Absolutely.

You wrote your own site generator, didn’t you?

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