Episode Transcript
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Speaker 1 (00:04):
Good afternoon. I'm Malcolm Jordan and this is your midday
news figs for Tuesday, the twenty second of July. A
much smaller bill for a new medical school at Waikato
University than projected. The Government's announced that'll put in almost
eighty three million dollars and more than one hundred and
fifty millions coming from the university, supported by donors. Pre
(00:24):
election estimates settled on about three hundred and eighty million dollars.
Prime Minister Chris Luxon says the difference is not due
to downsizing, just much more precise economic analysis of actually what.
Speaker 2 (00:36):
Is going to cost.
Speaker 1 (00:37):
The Commerce Commission isn't standing in the way of SkyTV
buying TV three and three now for a dollar. Here
is Business reporter Michael Sergele on the purchase of Discovery's
New Zealand TV arm.
Speaker 2 (00:49):
The move we'll see New Zealand's two main commercial TV
companies become one. But the companies say the Commerce Commission
has looked at the commercial circumstances and has advised it
won't be considering the matter further. Warner Brothers Discovery has
revealed the TV group was no longer commercially viable on
its own despite a major restructure last year.
Speaker 1 (01:09):
A greyhound trainer says the government should provide compensation if
it won't overturn its dog racing ban. The sport's being
phased out by next July. The government's planning how to
rehome fifteen hundred dogs and pondering whether the tab should
help pay. Trainer Craig Roberts says headlike financial compensation. He says,
(01:30):
it's not like a regular business failure.
Speaker 2 (01:32):
Government are stealing our lordlihoods and their businesses away from us.
Speaker 1 (01:38):
The government's touting its efforts to raise incomes and push
down prices, despite inflation rising to two point seven percent.
Incomes for many households aren't keeping up with latest Westpac
research showing disposable incomes increased just zero point nine percent.
Finance and Economic Growth Minister Nikola Willis says they've made
a concerted effort to folk on growing the economy and
(02:01):
containing inflation. Freezing of petrol taxes, orgage payments have gone
down in many parts of the country. Rents are decreasing
that we're progressing work on rates caps. A private investigator
is criticizing the lack of regulations on buying covert cameras.
An Auckland man is facing up to three years in
jail for making covert intimate videos of sixty four women,
(02:25):
including inside a new Market clothing store. The investigators Daniel
Torrenson says this is under reported and it's much too
easy to get cameras. Consumer New Zealand has launched another
campaign against what it calls misleading supermarket pricing. The advocacy
group is calling for a mandatory supermarket pricing accuracy code,
(02:47):
automatic compensation and tougher penalties. Chief executive John Duffy says
shoppers are often charged more at the checkout than what's
shown on the shelf. He says the feedback he's been
getting from consumers has been eye opening. We got six
hundred complaints in a matter of weeks alleging pricing errors
and misleading promotional activity to sport. Thirty four year old
(03:09):
Silver Ferns captain amelia An Echinasio is unavailable for the
international netball season. Former NBA center Taco Fall is parting
ways with the Breakers ahead of the Australian NBL basketball
season midway through his contract. Former Zimbabwe captain Brendan Taylor
is poised to face New Zealand in a cricket Test,
(03:29):
four days after his three and a half year ban
is lifted for pocketing money off match fixes, and forty
five year old Venus Williams will return to Grand Slam
tennis in the mixed doubles at the US Open. 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.