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Episode Transcript
Good afternoon. I'm Malcolm Jordan and this is your midday
news facts for Monday, the eleventh of May. Peace talks
remain at an impass, with Donald Trump calling Iran's response
to a US proposal totally unacceptable. Little public information has
been released about the fourteen point memorandum itself and the
Iranian response, which was delivered via Pakistani mediators. Trump said
(00:25):
to have drawn a red line to Iran's nuclear ambitions
and is seeking to restore the flow of traffic in
the Strait of hoor Moos. Nikola Willis says she isn't
annoyed Worth Winston Peters for leaking a budget detail. Peter's
told News Talk sedb the final fee free year for
university students will end, calling it himself a budget leak.
(00:46):
The Finance Minister confirmed the news on Friday, but Willis
told TVNZ there's no bab please.
Speaker 2 (00:51):
We understand this is an issue that we've been in
discussions with New Zealand First about for some time and
ultimately I've decided that there is a better use for
that funding.
Speaker 1 (01:02):
And the Prime Minister says it will mean some savings,
but money will also be reallocated to things like trades training. Meanwhile,
the Prime Minister says we're victims of our Golden Visa
scheme's success. It's drawn in one point four billion dollars
in its first year, mostly going to managed funds. Questions
have been raised by businesses concerned they haven't been invited
(01:24):
to the many invest in z networking events in the
past year. Chris Luckson says the visa helps the start
up community invest in capital, letting them scale up or
find new markets. We're going to have to look at
maybe broadening out the asset classes because there's actually.
Speaker 2 (01:38):
So much money coming into some of those sectors.
Speaker 1 (01:41):
A government agency was advised more flexible working from home
rules would not make a significant difference in costs. Senior
political reporter Azariah Hall has the story.
Speaker 3 (01:51):
The Ministry of Business, Innovation and Employment mb sought advice
from the Public Service Commission in late March in response
to price spikes. A PSC spokesperson says there's no reason
to change working from home settings and it's unlikely to
ease supply or reduce prices and would be hard to justify.
Speaker 1 (02:11):
A former National Party leader isn't convinced the next election's
outcome is as sure as suggested by a new poll.
The New Zealand Herald Motu Research poll of polls puts
the probability of the coalition winning a second term at
eighty eight point three percent. Simon Bridges says the results
are modeled off polls going back to twenty fourteen, which
(02:31):
shouldn't be relevant. He says, despite what Winston Peters may say,
there aren't two concrete political blocks.
Speaker 3 (02:38):
Hew Zealand first as a swing party, and I don't
think we can ignore that.
Speaker 1 (02:42):
Actually on the trend are there's a two party option
for them as well. Middle East attentions are adding to
a housing market downturn, with prices falling in many areas.
Economist to Tony Alexander's latest real estate agency survey reveals
a net forty four percent say house prices are dropping.
He told my Costing things were starting to change before
(03:03):
the war kicked off because of rising mortgage rates. To Sport,
Shane van Gisbergen's underlined his NASCAR street racing dominance after
victory at Watkins Glen in upstate New York. All seven
of his wins have come in that format. The proposed
launch of the privately backed NZ twenty cricket competition will
be pushed back a year. The Super Smash is expected
(03:26):
to continue in the interim and west Ham captain Jared
Bowen has questioned a var inconsistencies after a goal was
disallowed in their one NUL Premier League Football defeat to
Arsenal due to goalkeeper interference. They subsequently remain in the
relegation zone. I'm Malcolm Jordan. That's your latest news fix.
We'll be back with the next update at five pm
(03:47):
from the news Talk zb newsroom.
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