Asteroid Risk in USA Explodes Real Estate Prices in New Zealand

Real Estate prices in parts of New Zealand are reaching atmospheric highs after authorities announced that the risk of Asteroid 1997 XF11 hitting Earth close to New York State on 28 October 2028 has been raised to 1100:1. Earlier indications were that this asteroid estimated to be between 1.3 and 2.8 km in diameter would pass at about 2.4 times the distance of the moon. Calculations have now established that it will pass between the moon’s orbit and could possibly impact. 

Whilst 1100:1 are still pretty good odds, the damage would be catastrophic and not limited to lives lost as the impact could be the equivalent of a million megatons of TNT. This could easily impact on climate change and consequently crops and many other aspects of climate change. Whilst the President has urged people to not panic and carry on as normal, the test project ‘Don Quixote‘ between the European Space Agency and NASA failed in spectacular fashion, leaving many people racing to new lives in New Zealand and Australia, ‘just in case’.

In Auckland, developers have been building a new city called New Hope, on the West Coast between Hamilton and Auckland and properties are selling at lightning pace. Existing properties all over New Zealand and areas in New South Wales and Queensland in Australia have increased by 800% since the announcement and are showing no signs of touching down. There has also been significant construction movement around the new US military base north of Darwin Australia which now houses over 15,000 US Marines. No public announcements have been made around this expansion or the reasons behind it.

Many Kiwis have sold their properties taking advantage of the increase in property values, but others are saying they can’t even afford to rent in their own country and this is stirring up heated sentiments. The Prime Minister has pointed out the new job opportunities and that there is plenty of undeveloped land in New Zealand. She pointed out that the important issues are not around land prices but in beefing up agriculture and utility resources to allow New Zealand to be to some degree self-sufficient should petrol and other imported resources become scarce should the strike actually occur.

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Westfield Kills Two Birds with One Stone with EV Charging at Malls

Westfield has stemmed the tide of decreasing shoppers in malls this winter by providing dozens of Electric Vehicle charging stations at shopping malls around New Zealand and Australia. Over the last couple of years many people have been buying electric vehicles, but have found that the range of up to 160km, which wasn’t too bad during summer, reduced dramatically with the use of air conditioning and window heating to warm the car in winter.

This reduced range combined with a continuing decrease in the frequency of people going to shopping malls provided the impetus for Westfield to come up with a new loyalty program for shoppers combined with a mobile application.

Effectively by using their mobile loyalty app, shoppers are rewarded with credits they can use of various purchases, one of which can be redeemed by parking at one of the EV charging stations at the mall. This not only encourages people to visit the mall, but also to stay longer, whilst electric car owners make sure that their car is fully charged before they leave the mall. The application lets loyalty shoppers know when there is a car park available and guides them to it. It also alerts them when the car is fully charged.

A spokesperson for Westfield New Zealand said that already in the last 2 months they had seen significant use of the charging stations and many retailers, particularly fashion and the food halls and cafes have seen a regrowth in trade.

Event Cinemas have also announced that they are going to trial a number of EV chargers in selected movie theatres in Australia in conjunction with their CINE BUZZ loyalty program. Each time a CINE BUZZ member has purchased 5 movie tickets they will be entitled to a full car charge for free.