Afternoon Edition: 27 November 2024

The Afternoon Edition of News Fix for 27 November 2024, straight from the Newstalk ZB newsroom - bringing you everything you need to know in news, politics, business, entertainment and sport.

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Episode Transcript

Speaker 1 (00:04):
Good afternoon, I'm railing Ramsey. This is your afternoon news.
Fixed for Wednesday, the twenty seventh of November. The Reserve
Bank says the economy should recover next year, although it
won't feel that way to many. It's cut their official
cash rate fifty basis points to four point twenty five percent.
Governor Adrian Or says it should help economic growth pick

(00:25):
up by encouraging investment in spending, but productivity has been falling.
Global conditions are uncertain and many people are out of work.
Employment growth is expected to remain weak until at least
mid twenty twenty five, and for some financial stress will
take time to ease. Finance Minister Nicola Willis says the

(00:45):
impact of the OCR cut will depend on a household's
individual mortgage.

Speaker 2 (00:50):
To give one example, a family with a twenty five
year five hundred thousand dollars mortgage could expect to be
about one hundred and eighty dollars a fortnight better off
than it was just a few months ago.

Speaker 1 (01:02):
Fears of flow on effects from more cost cutting at
Health New Zealand. The Public Service Association says the Health
Agency is cutting a net fourteen hundred and seventy eight rolls.
That's about seven hundred already. Vacant Health says it's spending
more than it has in its budget. PSA health sector
lead Ashok Shanka says it will let jobs in data

(01:24):
the Public Health Service Houra, Howura, Mai and Pacific Health.
Having the workers will basically mean that we'll have a
lot more outages. Services may need to be canceled because
clinicians can't get the data and the information. A person
has been taken to Waikato Hospital in a critical condition
after a serious two vehicle crash that is closed State

(01:47):
Highway one net Tiedo. Other injuries are likely. All is
falling silent in Lebanon, with a ceasefire between Israel and
Hasbilla coming into effect. Israel's Prime Minister be Ya Manetta
yahoo confirmed this morning his Security Cabinet voted ten to
one for the truce. Israeli troops will begin withdrawing over

(02:08):
the next four sixty days. Middle East scholar Hussin Ebesh
told the BBC he thinks the cease fire will hold.
Israelis have accomplished everything they're going to be able to
accomplish in Lebanon, and it's time for all of them
to pull back. And in addition, I think Irani is
very keen for his balla to stop, rebuild, regroup. Adondain

(02:30):
drink driver has been dabbed in by a collision alert
from his own iPhone. Police told the ODT they were
sent a vehicle collision alert at two am near a pub.
Officers found an uninjured twenty two year old near a
crash car. He admitted drinking fifteen RTDs before hitting a
truck and trailer while speeding and looking at his phone

(02:54):
to Sport and New Zealand Rugby are weighing up the
option of taking an all blacks home test against France
to the United States next year. The Herald understands Enzenara
talking to the French Rugby Federation about shifting one of
three July tests to be part of a double header
with England and the USA Eagles. Here we boxer Joseph

(03:16):
Parker is linked to a challenge against IBF titleholder Daniel
Dubois on the cards set for February twenty second in
Saudi Arabia, and the NBA is fined the Atlanta Hawks
for sitting All Star guard Trey Young out during a
clash against the Boston Celtics, and that is your latest
news fix. We'll be back with the next update tomorrow

(03:37):
morning from the news talks EDB newsroom.