Episode Transcript
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Speaker 1 (00:02):
Good morning. I'm never ready, Manu, and this is your
morning news fix for Wednesday, thirteenth of May. In this update,
the Trade Minister says he expects the US government to
announce a trade investigation into our lamb imports to the
US in the coming weeks. It could be used as
the basis for imposing higher tariffs on our lamb. Todd
(00:23):
McClay says he's talking to US counterparts, but it's ultimately
Donald Trump's decision, and if Trump decides he's at a
bad lamb shop, it's unclear what will happen. Federated Farmer's
Meat and Wool chair Richard Dawkins told Ryan Bridge our
lamb exports give American consumers a taste for lamb, which
benefits American producers as well. The man taking the country's
(00:46):
biggest polluters to court for their alleged contributions in climate
change is calling a proposed law change in absolute disgrace.
In twenty twenty four, the Supreme Court ruled Mark Smith's
case against seven companies could seed to trial. Now the
government's preparing to change the law to prevent companies from
being found liable for climate harm, with the law applying
(01:08):
to current cases, including Smith's. Mark Smith says government shouldn't
be making determinations on cases currently before the courts. Christchurch
City Council's planning to give the Anglican Church another fifteen
million dollars to restore christ Church Cathedral. It's proposing using
thirty five point eight million dollars of the forecast forty
(01:30):
four point four million dollars in savings from its annual
budget to fund some of the city's quake damaged heritage buildings.
Australia's Treasurer is calling his latest budget the most consequential
in decades. The Labor government is raising taxes on investment
properties and some trust funds, giving the revenue bank to
(01:50):
workers with a new two hundred and fifty dollars tax break.
A surplus isn't expected until twenty thirty six, and gross
debt will hit one trillion dollars for the first time
this financial year. Treasurer Jim Chalmers says this budget is
about helping Australia be resilient and ambitious in the face
of adversity. Homeowners are holding onto properties longer than before.
(02:14):
Latest data by property information firm Cautality shows the medium
hold period for profitable resales is now ten years, the
equal longest period on record. Chief property economist Calvin Davidson
says people are keeping properties for longer because the housing
market's been so flat. Judith Collins is looking back on
(02:34):
some of her achievements as she says goodbye to twenty
four years in Parliament. The senior National MP has delivered
her valedictory speech to Parliament as she prepares to move
on to heading the Law Commission. She says she's most
proud of campaigning for an inquiry into the impact of
Agent Orange on New Zealand troops during the Vietnam War
and introducing a ban on smoking in prisons. Colins says
(02:57):
she's also proud to have been the first Minister of
Space and not only the world but in the universe.
In sport, former All Blacks coach John Hart has saluted
incumbent Dave Rennie's decision to recruit seventy nine year old
Sir Graham Henry as an independent selector, saying age is
irrelevant to the skill set. A return to the Warriors
(03:19):
starting lineup for co captain Mitch Barnett has seen form
prop Jackson Ford benched for Sunday's NRL Magic Round match
with the Broncos in Brisbane. Jose Moreno is the favorite
to become Real Madrid's football manager a second time, thirteen
years after his first spell. The move follows the club's
trophyless season. I'm never retty Marnho, and that your latest
(03:39):
news fix. We'll be back with the next update at
midday from the news Talk zb newsroom.