Midday Edition: 26 August 2025

The Midday Edition of News Fix for 26 August 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

Speaker 1 (00:04):
Good afternoon. I'm Susie Nordquist and this is your midday
news fix for Tuesday, the twenty sixth of August. Labour
says an EWE led grocery store could be the answer
to problems in the supermarket sector. The government insists an
update on plans to improve competition is on the way. Meanwhile,
Labour's Penna Hannaday says it had plans in the works

(00:24):
when it was last in power.

Speaker 2 (00:26):
We were working closely with EWE to introduce a third
grocery provider into the market to allow our farmer to
experience cheaper cope.

Speaker 1 (00:34):
Party leader Chris Hipkins says it doesn't have any specific
proposal at this stage. We've said to those who are
looking at the supermarket grocery sector and looking at potentially
bringing more competition there that we're open to a conversation
about what government support might look like. A new development
in the sale of Fonterra's consumer arm, the dairy co
Op has agreed to sell brands like Anchor and Mainland

(00:57):
to French dairy giant like Tarlie's pending far I'm a
shareholder and regulatory approval with more his business reporter Michael Sergle.

Speaker 2 (01:05):
The deal was initially for just over three point eight
billion dollars, but Fontia has now reached an agreement with
Australia's Bigger Cheese that will allow bigger licenses held by
Fontira's Australian businesses to be included in the sale. That
will bring the total value off the sale to more
than four point two billion dollars.

Speaker 1 (01:21):
Retirement is falling to the back of people's minds for
a large chunk of self employed kiwis. A report by
their Retirement commission and Accounting for Henry shows just forty
four percent of self employed people actively contribute to KIWI
save It. This is compared to seventy eight percent of employees.
Retirement Commissioner Jane Wrightson says people are investing in their

(01:44):
businesses and making short term investments in themselves four hundred
and twenty thousand at minimum, because I think there'll be
more now our people identify a self employed and their
retirement planning isn't great. A media expert believes TVNZ has
made a bold move in securing the right for next
year's FIFA World Cup. The broadcaster will be charging customers

(02:04):
for the first time streaming all one hundred and four
football games over the tenements thirty nine days, including replays
and highlights. Under an event pass, All of New Zealand's
games will be free to wear, alongside a handful of others.
Sky Sport carried the rights during the last World Cup,
and TV producer Dame Julie Cresty isn't convinced it came

(02:24):
down to a bidding war this time around. Sky would
have been very calculated on what they thought they could
afford to pay, and they probably set a level and
then decided that was all they were going to pay.
Yew Zealand Fashion Whek is back with a bang after
being canned last year. The event on Auckland's waterfront showcases
the country's talents to local and international audiences. It was

(02:46):
announced last year the event would transition to a biennial
event instead of annual due to low consumer confidence. New
Zealand designer Juliet Hogan says it's been a challenging couple
of years, but she's confident in the industry. They've got
a huge amount to offer and I think it's getting
through this period and then allowing ourselves to shine once
we've kind of got through this really challenging economic time

(03:07):
to sport now and a triple blow for the black
Caps heading towards their home spring. Injuries have ruled Will O'Rourke,
Glenn Phillips and Finn Allen out of the white Ball
series against Australia in October. A stoppage time goal from
sixteen year old Rio Ingemoa has earned Liverpool a victory
away against Newcastle in football's Premier League. I'm Susie Nordquist

(03:29):
and that is your latest news fix. We will be
back with the next update at five pm from the
news Talk Set Venues room.