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Episode Transcript
Good afternoon, I'm railing Ramsay. This is your afternoon news
fix for Thursday, the fourteenth of May. The Finance Minister
says there's no risk of Air New Zealand needing a
bailout despite its forecast of a massive loss. The national
carrier says it could have an up to three hundred
and ninety million dollar loss for the financial year to
June thirty, mainly from fuel costs. The Crown last bailed
(00:26):
out the airline in twenty twenty, lending nine hundred million dollars.
Nikola Willis says the company's balance sheet is more resilient
than during the pandemic.
Speaker 2 (00:35):
They learned their lesson and they've made sure that they've
got much more liquidity available to them such that they're
able to withstand this current shock.
Speaker 1 (00:43):
Donald Trump's lavishing praise on China's she Geneping as the
two presidents meet face to face in Beijing. They're expected
to discuss thorny issues over two days that could set
the tone for their ongoing relationship. She's called for China
and the US to be partners, not rivals, and Trump's
called him a great leader. Skyne News as Jonathan Kursley
(01:05):
says Trump wanted to portray an image of warm outreach.
Speaker 2 (01:08):
It was interesting too to hear him publicly talk about
the idea of the direct leader to leader consultations when
he's saying if we had a problem, I would call
you or you would call me and we would sort
it out.
Speaker 1 (01:20):
The Energy ministers blaming Labour's oil and gas exploration ban
for record low estimates of natural gas supply. MB data
shows the likely amount of natural gas to be extracted
from known fields has fallen twenty three percent to seven
hundred and thirty one peta dules. Eight gas fields are
expected to close between now and twenty thirty six. Simeon
(01:43):
Brown says the declines incredibly concerning.
Speaker 2 (01:45):
The last government's policies were highly destructive and those numbers
are a result of their decision to ban all and
gas exploration.
Speaker 1 (01:53):
The government's progressing with plans to introduce move on orders
for rough sleepers. Legislations today been at It is to
allow police to move people from a certain area for
up to twenty four hours if they're begging, rough sleeping,
breaching the peace or displaying disorderly behavior. Justice Minister Paul
Goldsmith says there are a variety of views about how
(02:14):
far this should go a recommendation from the Minister of
Advisory Group on Retail Clime, which had a wider amount
of consultation involved in that. The Government signed a city
and regional deal with todong A City and Western Bay
of Plenty Councils. It focuses on transport and social infrastructure,
land and housing development, export growth and economic diversification. Political
(02:38):
reporter Troy Mattich has more.
Speaker 3 (02:40):
The government and Western Bay of Plenty agree to jointly
fund projects bolstering proceeds from local asset recycling with a
Crown Uplift. Funding rates will be considered case by case.
Local Government Minister Simon Watts says an oversight board will
coordinate and be accountable for delivery.
Speaker 1 (02:59):
In sport, Wellington Phoenix captain Alex Rufer has revealed he
won't recommit to the A League club until he's explored
other options. Six Wellington Phoenix women have been named in
Professional Footballers Australia's eighteen strong Team of the season, with
Bev Priestman voted Coach of the Year by PFA members
(03:19):
and Australia's confirmed its entry for next years America's Cup
with Olympic Gold medal as Tom Slingsby spearheading and Ossie
syndicate for the first time since two thousand. That is
your latest news fix. We'll be back with the next
update tomorrow morning from the news Talk zed B newsroom
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