"A strange environment" - housing and inflation, Auckland still vulnerable to flooding, Commonwealth Games in Christchurch 50 years on, Stanley Cup craze

The latest inflation news was slightly better than expected at 4.7 per cent. But the domestic side of inflation is dropping more slowly with rents and rates being two of the biggest contributors. So what's going on? Economist Shamubeel Equb joins Newsable to explain. It's a year since the Auckland floods so is the city any better prepared? 50 years after Christchurch hosted the Commonwealth Games, the Mayor is suggesting the city does it all again and the craze around re-useable Stanley cups.