Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:04):
Good morning. I'm never Rettimanu and this is your morning
news fix for Thursday, ninth of October. In this update,
the chief economist of our largest bank says further cuts
to the official cash rate are far from guaranteed. The
Reserve Bank slash the cash rate by fifty basis points
to two point five percent, but it's not giving any
indication of what it will do next. Am Z chief
(00:26):
economist Sharon Zolner says the central Bank will be waiting
for more economic data before it makes its next move.
If the data's point stock cup fifty, if it's just
a bit blood, I'll cut to five. For the outside,
they may not cut it off. They've really lost all
their options. Open de Party Maldi is expected to release
a reset plan today. The parties aiming to speak publicly
(00:48):
about its plans and its MP's after Takuta Ferris double
down on comments labeled as racist by some and after
Money and men Or Kapakini was demoted as party whip
or any Kaperda will present a maid in speech to
Parliament before the party's co leaders are expected to speak
on their next steps. Worries are proposed by law to
(01:09):
crack down on freedom camping, and the Queenstown Lakes District
will set a president for other councils. The new by
law proposes fifteen designated freedom camping sites after a surge
in the district and goes before councilors this week. If enacted,
people freedom camping on other sites could face fines of
at least four hundred dollars. New Zealand Motor Caravan Association's
(01:31):
James Imlack says other councils could start doing the same thing.
What will end up seeing is far fewer sites fumism
and fantasy go camping, despite the fact that we've all
spent all this time on needs bit of money to
try and improve the system. Investigators are searching East Auckland
for anyone connected to the double homicide of a father
and son. They've confirmed the Buckland's beach blaze last week,
(01:55):
which killed the thirty six and eleven year olds, was
deliberately lit. Three people escaped the fire and an accelerant
was found at the scene. Detective Inspector Tofi l'l Famonouena
Vaya Lure is seeking any footage of people in the
area before the fire, and he says they don't have
a person of interest yet, but hope's information from the
public will help. The grim mood of Central Wellington businesses
(02:18):
has been laid there In a new survey, the local
Chamber of Commerce has canvassed forty senior business leaders employing
about one thousand people in the CBD. Almost two thirds
are performing this same or worse financially than the same
time last year. A majority are very dissatisfied with the
City Council and also blame weak consumer confidence in demand.
(02:40):
Only ten percent are optimistic the capital's economy will be
substantially better in a year. And in sport, a historic
passing night from guard Parker Jackson Cartwright, with a club
record seventeen assists, has helped the Breakers snap a winless
anbl basketball campaign start one hundred and seventeen eighty eight
over the Hawk In Auckland netball, New Zealand's key sponsors
(03:03):
are hanging in on mass while the Dame Noling Todo
a Silver Fern's coaching mediation Saga lingers the New Zealand
Rugby Players Association needs a scroll of questions answered before
they will consider backing the fledgling Saudi backed three point
sixty competition. I'm Nevaretti. Manu that your latest news fix.
We'll be back with the next update at midday. From
the newstalk ZB newsroup