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May 28, 2025 3 mins
The Afternoon Edition of News Fix for 28 May 2025, straight from the Newstalk ZB newsroom - bringing you everything you need to know in news, politics, business, entertainment and sport.

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Speaker 1 (00:04):
Good afternoon, I'm railing Ramsey. This is your afternoon news
fixed for Wednesday, the twenty eighth of May. The Finance
Minister says the Reserve banks twenty five basis point ocr
cut today highlights the importance of good government. It's now
on three point twenty five percent and forecaster hit a
two point nine percent low point for December. Core inflation

(00:26):
is dropping, but food and energy prices are likely to
rise over winter. Nikola Willis says she was struck by
the Bank statement on global uncertainty.

Speaker 2 (00:36):
That for me underscores how important it is right now
that we have responsible for school and economic management. We
cannot take New Zealand's economic recovery for granted.

Speaker 1 (00:46):
Canterbury schools are getting one hundred and sixty one million dollars,
including one hundred and eight million just for Selwyn. That
fundings for a new twelve classroom school, fifty two classes
at existing schools and buying a new site. The remaining
fifty three millionaires for fifty one new classes and wider Canterbury,
including a new school. Education Minister Ericus Stanford says being

(01:09):
strategic is important. I want parents to know that they
can raise a family here they can feel confident that
there will be schools for their children and classrooms for
their children, and that's why we are also land banking
here as well. The Prime Minister is brushing off criticism
from Wellington's mayor in a burst of political tip for tat.
Speaking to Newstalk said Be the Prime Minister hit out

(01:29):
at the city's cycle way rollout and water management. Tory
Farno says Chris Luckson should focus on coalition issues and
the problematic government school lunches, not punching down on the capitol.
Luckson says he's positive about Wellington's future or.

Speaker 2 (01:45):
My comment was a lot less ideology and a lot
more common sense solutions to problems that existed.

Speaker 1 (01:50):
Downpours and gales are moving west to east across the country.
Orange heavy rain warnings apply for parts of the Bay
of Plenty and the Tasman Ranges easing Lake tonight, and
the Richmond and Bryant Rangers have a heavy rain watch
until ten pm. Med Services John Law says the heaviest
rain will head north from the top of the South Island.

Speaker 2 (02:12):
Chatter through and towards the nighttime that rain moves across
the North side, heaviest in the western side.

Speaker 1 (02:17):
Oblique winds up to ninety five k and hour could
hit Auckland's Harbor Bridge tonight and State Highway sixers reopen
through the lower Buller Gorge with slips cleared and waterways redirected.
More debris being cleared from rivers and drains between Nungahua
Junction and Westport, making delays still lightly A sharp surgeon.

(02:39):
Profit for one of our largest companies, Fisher and pikel Healthcare,
has surpassed its own and market expectations with a forty
three percent increase in annual profit with more business reporter
Michael's Circle.

Speaker 2 (02:52):
The company's been boosted by record turnover topping two billion dollars,
but it's continuing to monitor changes to tariff policy, with
its manufacturings bit between New Zealand and Mexico and almost
half its revenue coming from the US and Sport.

Speaker 1 (03:05):
The Hurricanes have moved Reuben Love back to fullback and
installed Brett Cameron at ten for their final round home
Super Rugby game against Moana Pacifica on Saturday. All Blacks
wing Marke tala Is, a return from the three week suspension,
will bolster the Blues for their must win game against
the Waratahs and the Indiana Excuse me, The Indiana Pacers

(03:29):
are one win away from their first NBA Finals visit
since two thousand, after beating the New York Next for
a three to one Eastern Conference series lead. That's your
latest news fix, and we'll be back with more tomorrow.
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