There's growing calls for New Zealand to regulate AI, amid concerns that the nation is falling behind on this matter.

It's been revealed that Meta has been data scraping the accounts of users in New Zealand and Australia due to the lack of regulations - in order to train AI.

AI expert Dr Andrew Lensen says the EU is leading the way with its AI Act - and it's something other countries should be looking into.

"It has its own issues or criticisms, but it's still a really good piece to sort of start looking at as a starting point."

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Move over Murdoch family - there's a new set of media moguls looking to make a name for themselves.

Larry Ellison, founder of the software firm Oracle, and his son David are orchestrating media deals which could see them owning big names like CNN, Paramount and TikTok.

Fisher Funds expert Sam Dickie explains further.

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Wool prices have seen a significant rise this week, and there's a few key factors behind this development.

Currently, wool prices are on the longest rise since 1987 - and while these prices are mostly benefitting Australian farmers, there's hope Kiwis could benefit from this demand too.

The Country's Hamish McKay explained further.

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The Warehouse Group's chief executive is confident he can turn the retail giant around.

It's reporting an annual net loss of $2.76 million dollars - a major improvement from last year's $54.2 million dollar loss.

Noel Leeming is performing the best, with revenue up 3.3 percent.

Chief executive Mark Stirton says they're moving away from a digital focus to give more attention to shoppers in-store.

"Our urban areas are where we've got a lot more competition - we probably haven't invested enough in the store experience, and things like lighting and visual merchandising and the way we present our product."

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A property mogul developing some of Wellington’s most infamous quake-prone sites has voiced support for recent Government changes, but says these won't slow down his large-scale projects.

Eyal Aharoni is currently working on reopening the long-closed Reading Cinema complex on Courtenay Place and the nearby Amora Hotel, which closed in 2019 and 2017 respectively because of earthquake damage.

Earlier this week, the Government confirmed it was watering down existing earthquake strengthening rules in a bid to balance safety and affordability.

Aharoni revealed why he's still determined to get these projects done.

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The Government recently unveiled its highly-anticipated energy sector announcement and it's prompted good news for the energy companies.

The share price for New Zealand's major gentailers raised on the NZX, with Meridian seeing a 5 percent increase.

Milford Asset Management's Michael Luke explained further.

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The Government finally unveiled its plan to address issues impacting the energy sector, and it's prompted a mixed response.

The country's largest power companies have responded positively, and their shares have jumped on the NZX as a result.

Meanwhile, consumers and other businesses have voiced concerns this doesn't address the status quo.

Consumer NZ CEO Jon Duffy has criticised this announcement - and claimed this doesn't move the country forward at all.

"Let's remember - last year, one in five consumers had trouble paying their bill, 19 percent of people missed paying their bill on time, 56 percent of people are concerned about the price of energy. This does nothing to address that."

EMA Head of Advocacy Alan McDonald says this announcement is 'underwhelming' - and claimed it wouldn't stop the closure of any mills.

"It's too late for that, there's nothing really in there short-term that offers and kind of assistance for those people already in that spiral, they're looking at tough decisions to close or downsize."

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The Australian Reserve Bank will keep the Official Cash Rate on hold at at 3.6 percent.

The RBA's Governor, Michele Bullock, says Australia is in a 'difficult position', but they're committed to addressing inflation.

HSBC chief economist Paul Bloxham explained further.

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