Top 10 news links at 10 am for Tuesday, Nov 28

National may cancel the market study into bank profits and just do a select committee inquiry; Wellington Water warns of $30b repair bill over 30 years; Global and local scoops of the day

Nicola Willis’ first move was ‘spilling the tea’ on what she called the ‘sobering’ state of the nation’s books, but she had better be able to back that up in the HYEFU. Photo: Lynn Grieveson / The Kākā

TL;DR: Here’s my pick of top 10 news links elsewhere at 10 am on Tuesday November 28, including:

1. Nicola Willis claiming surprise at opening the books, when the PREFU is supposed to stop that very thing;

2. National considering dropping the market study into banking in favour of a select committee inquiry;

3. Wellington Water warning mayors it will cost $30 billion to fix the region’s pipes over 30 years;

4. New Zealand’s climate diplomats are changing their stance on a fossil fuels phaseout at COP as they fly to Dubai;

5. A full review of MPs pay has been launched and may prove problematic for the new Government;

6. The local scoop of the day is from Mihingarangi Forbes of Mata Investigates about growing concerns about Māori Carbon Collective and its elusive managing director;

7. The global scoop of the day is from the BBC on how the UAE planned to use COP to do lots of oil and gas deals;

8. The deep-dive of the day is on population policy, or the lack of it;

9. The Op-Ed of the day is on National’s crime and justice policy; and,

10. The Substack of the day is on how much US wellbeing has actually improved under the Joe Biden.

The full detail and analysis is below the fold for paying subscribers.

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When cheap shots can be expensive