Finance Minister Nicola Willis says the change is expected to save the Government $209m over four years.
And UK PM Sir Keir Starmer faces increasing pressure to resign.
Rich Lister Hart-Hawkesby family donate $1m at invite-only gala event.
The Xero founder was last year inducted to the hall, which honours individuals who have made a significant and lasting impact on the economic and social development of the country.
The administrators have sold the business to a firm that claims to be the fastest growing scaffolding firm in New Zealand.
And UK PM Keir Starmer facing pressure after regional elections favour Reform party.
A fresh inflation print is due out this week as a few more tech names report earnings.
The New Zealand cleantech company is now pitching itself as a solution to critical minerals supply issues.
Corporate America remains strong as the US earnings reporting season comes to a close.
It follows the ride transport company entering voluntary administration in March.