The funeral for a teenage driver killed in a speedway crash in Northland will be held at her home track in Mt Maunganui.

Mt Maunganui's Wilhelmus Peters has been getting mail and phone calls for the NZ First leader since the change of Govt two years ago.

Telecom shares sank to new a low on the NZ sharemarket today, while rises in Fletcher Building, Contact Energy and other leaders helped carry the market higher.

Twelve people will face drugs charges after heavily armed police raided Tauranga properties over the past four days.

Relaxed coastal suburb attracts a range of residents.