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March 12, 2025 3 mins
The Midday Edition of News Fix for 13 March 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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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 thirteenth of March. The government's
hoping to dazzle venture hungry investors with a host of
business opportunities to counter the infrastructure deficit. More than one
hundred offshore companies are at the Investments summit in Auckland,
along with local names in business and politics. It's part

(00:25):
of the government's push for growth through more projects and
public private partnerships. Prime Minister Chris Luxon says New Zealand's
never being closer to the world, but we can't do
it alone. The government will work more with industries to
deliver much of the infrastructure and the projects that we
will be showcasing to you over the next two days,
and the Finance Minister is also pulling out all stops

(00:46):
to convince investors to consider New Zealand. Nikola Willis has
addressed the summit delegates, selling the country as a great
place to do business, worth safe boarders, good international relations
and extensive trading networks. Out are prepared according to high
international standards and are released in a timely fashion. Stability

(01:07):
is our middle name. Matamata Piaco Mayor Adrian Wilcock has
vowed to do whatever she can to prevent future tragedies.
After a student was fatally struck by a train. Police
and work Safe have launched an investigation into the death
near Muttamata College yesterday afternoon. Wilcock emphasized the importance of
the coroner's report for making safety recommendations. Sunflowers and other

(01:31):
colorful bouquets have been laid next to the tracks outside
Matamata College. Confidence Proposed changes to the Foreign Investment Fund
will remove major barriers for foreign investors. The governments working
on changes which would see new migrants taxed on a
realization basis for interests not easily disposable and acquired before

(01:53):
coming to New Zealand. It's expected to be included in
the next taxation bill in August. Revenue Ministers Timon Watt
says it applies to those who became tax residents in
or after April last year. I think of certainty to
investors right now, knowing, okay, I know how this was
going to work. That's an upside for me. The government's
announceday suite of changes to boost rural telecommunication services. It

(02:18):
includes permanently allowing for fiber providers to install fiber in
shared access points like driveways, and making changes to allow
for rural providers to align with Chorus. Police are crediting
increased visibility for an improved public perception. The New Zealand
Crime and Victims Survey shows sixty nine percent of recipients

(02:40):
had high confidence and trust in police in the year
to October twenty twenty four. It's two percent higher than
the previous survey. With improved satisfaction in services and responsiveness,
hopes that postal voting in local elections could soon be
a thing of the past. Local government New Zealand And
wants to move to in person voting booths for council elections.

(03:05):
To sport, Daniel Dubois has knocked out any chance of
rescheduling his boxing fight with Joseph Parker after allegedly pulling
out due to illness for the February twenty two bout
in Saudi Arabia. He's instead initiated talks to fight Alexander Usik.
Hurricanes co captain Asafa Oma has declared he's ready to

(03:26):
return after a delay in recovering from off season foot
surgery and American third seed Cocoa Goff has been stunned
in the round of sixteen at the Indian Wells Tennis
Tournament by Belinda Benchich of Switzerland. 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.
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