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Episode Transcript
Good afternoon. I'm Malcolm Jordan and this is your midday
news figs for Thursday, the twentieth of March. New Zealand
is out of technical recession. Latest GDP figures from stats
n Z show our economy grew zero point seven percent
between October and December. With more business reporter Michael sergle.
Speaker 2 (00:22):
Our economy contracted one point one percent in the preceding
two quarters. Economists had been expecting a growth rate in
between zero point three and zero point five percent over
the three month period. Our recovery from recession is expected
to be gradual and uneven.
Speaker 1 (00:36):
Meanwhile, Fonterra farmers are in line for a large payout
on interim results, the co ops lifting its dividend to
twenty two cents a share from fifteen in the previous
comparable period. It's reporting its first half profit increased eight
percent to seven hundred and twenty nine million dollars. Chief
executive Miles Hurrel says it's a strong first half.
Speaker 2 (00:57):
Do you focus on delivering the strongest farmer offering announced
new funding for farmers with lower mission's milk and expeded
the six milk price program.
Speaker 1 (01:05):
The Prime Minister is pushing back on Labour's accusations New
Zealand is abandoning its anti nuclear principles. A joint statement
from Chris Luxen and Indian Prime Minister Narendra Modi has
acknowledged the value of India joining the Nuclear Suppliers Group.
Labour leader Chris Hipkins says in the past New Zealand
objected to India adjoining the pact over concerns nuclear materials
(01:29):
could be used for weapons, but Luxen's firm on his stants, Yeah,
there is no change to our position at all.
Speaker 2 (01:35):
We will work with good faith, but working on the
criterion framework that we always in the position we've always had.
Speaker 1 (01:40):
Rains are pounding parts of Hawks Bay and Gisbon today.
Met Service has issued an Orange heavy rain warning for
the Widoa District and southern Gisbon until midnight. It warns
up to one hundred and ten millimeters could fall today,
with rising rivers and surface flooding possible. A sense of
unea that President Donald Trump may impose Russian demands on
(02:04):
Ukraine after Ukraine's agreed to a temporary ceasefire, but Russia's
only accepted a partial ceasefire. A jump from the number
of children and young people receiving orders or adult sentences.
Younger New Zealanders are delivered different sentences, but for serious
offenses may get orders or adult sentences, and for very
(02:25):
serious offending they can be sentenced in the adult court.
Emily Ansel reports the.
Speaker 3 (02:30):
Statistics from the Ministry of Justice show a nineteen percent
increase overall in twenty twenty four compared to the previous year.
There's also been a sixteen percent increase for Samariki and
Ranga Tahimadi. It follows Ministry data from December showing youth
crime is steadily decreasing.
Speaker 1 (02:48):
The New Zealand Defense Force has confirmed its consulting with
civilian staff on potential job cuts. Affected people have been
notified in advance. Former Warriors player Waiongi Korpu has been
named as the TV host charged with drug possession. He'll
go to trial with nine others in twenty twenty seven.
And Malaysia has approved a fresh shirch for the wreckage
(03:11):
of Malaysia Airlines Flight MH three seventy more than a
decade after it vanished to sport. Joseph Parker's lip synced
to the Shania Twain number you're still the one along
Cutty Cutty Beach. In a bid to lure heavyweight boxing
champion Alexander Usik into a mandatory title defense. Chiefs coach
Clayton McMillan has confirmed lock At Tupo VI is fit
(03:35):
for tomorrow's super rugby match against Mowana Pacifica in Puka
Kohe after he played through a knee knock against the Blues.
H I'm Malcolm Jordan. That's your latest news fix. We'll
be back with the next update at five pm from
the newstalk ZB newsroom.
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