Episode Transcript
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Speaker 1 (00:04):
Good afternoon. I'm Malcolm Jordan and this is your midday
news fix for Thursday, the tenth of July. The Associate
Justice Minister says her shakeup of anti money laundering rules
will ease pressure on small businesses. Nicole McKee says the
current laws mean many face high levels of complexity and
time consuming scrutiny. She's creating a new customer due diligence
(00:25):
test to be used on businesses where money laundering or
terrorist financing is deemed to be low risk. McKee says
existing rules are overkilled. This is because the laws and
requirements are prescriptive, highly complex, and not sufficiently risk based.
The Resources Minister is standing up for the country's largest
gold mine, with hundreds of jobs now at risk. Central
(00:48):
Otago's McCrae's gold mine had plans for expansion rejected after
it applied for a Wildlife Act permit so it could
clear vegetation on its site. The Department of Conservation declined
the permit lit last month, stating expansion could lead to
the death of up to ten thousand lizards with no
relocation plan. Shane Jones says, if it comes down to
(01:09):
saving human jobs or lizards, it's an easy choice. It's
a trade off. I'm always going to stand up for
humans before either bureaucratic serpents or slithering lizards. A man's
due in court this morning charged with the murder of
another man in Hamilton. Police were called to reports of
shots being fired on Belmont Avenue in Chartwell just after
six thirty last night and found a thirty one year
(01:30):
old man dead at the scene. Police claim the alleged
defender stole a car at gunpoint on Gordonton Road shortly
after midnight and was ultimately stopped by road spikes. In Naruwawahia,
a twenty year old man's been arrested and charged with murder,
aggravated robbery and failing to stop for police. A search
is underway for a missing diver at West Auckland's Fattipooh
(01:52):
Beach after police were alerted around five thirty am, and
the rider of a dirt bike involved in a crash
in Hamilton yesterday afternoon has died in hospital. Warnings we
can expect the government, warnings, We can't expect the government
to keep stepping in as the cost of climate damage
to people's homes rapidly grows. An independent report reveals annual
(02:14):
losses from the weather related events over the next twenty
five years could increase by a quarter. It highlights the
need for more information about the effects of natural hazards
so homeowners and the market can prepare. Chair Matt Winneray
says it's financially unsustainable to keep treating the government as
the de facto insurance. What we're saying is create some
(02:35):
certainty around it, transition to a position where people have
fair warning confidence that enough beneficiaries will be interested in
helping clean up the flood hit Upper South Island. The
government activated a beneficiary task force in Tasman and Marlborough
after severe weather in the last two weeks. Social Development
Ministerilois Upstin says there are six hundred work ready beneficiaries
(02:58):
in Tasman alone. The fortieth anniversary of the fatal bombing
of the Rainbow Warrior has been remembered this morning with
a service at Auckland's Viaduct to Sport. Timothy Tabatavanaway is
set to become All Black one thousand, two hundred and
twenty eight and the fifth player to debut this season,
presuming he comes off the bench against France in Saturday
(03:19):
second test Paris Saint Germain and have beaten Real Madrid
Fournil to reach the final of football's Club World Cup,
and a Spanish court has sentenced current Brazil coach Carlo
Ancelotti to a one year suspended prison term and a
seven hundred and fifty four thousand dollars fine for tax
fraud from his twenty thirteen to fifteen tenure as Reil
(03:42):
Madrid manager. I'm Malcolm Jordan. That's your latest news fix.
We'll be back with the next update at five pm
from the news Talk ZB newsroom.