October 16, 2024 • 3 mins
The Morning Edition of News Fix for 17 October 2024, straight from the Newstalk ZB newsroom - bringing you everything you need to know in news, politics, business, entertainment and sport.
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Speaker 1 (00:04):
Good morning, I'm never ready, Manu, and this is your
morning news fix for Thursday, seventeenth of October. In this update,
concerns the Reserve Bank may be acting too slowly in
bringing down the official cash rate. Inflation is banked within
the target range at two point two percent ASB Senior
economist Mark Smith now expects THEOCR to drop to four
(00:25):
point twenty five percent before Christmas and a three point
twenty five percent sometime next year. Is as the central
Bank may prove to have been too slow, contributing to
economic scarring and sizable job losses. We like the remain
recession over much of this year with the rest of
the unemployment rates approaches six percent by the middle of
next year. Tori Farno is warning of some tough decisions
(00:48):
ahead for the capitol. The Wellington mayor is meeting with
local government Minister Simeon Brown this morning following a tense
meeting with counselors yesterday afternoon. Farno wants to keep funding
for water, infrastructure and housing, but avoid higher than expected
rates rises. Councilors Ray Chung, Iona Panet and Ben McNulty
admit there are lots of disagreements among counselors about the
(01:11):
best way forward. The Council would never agree on anything,
very very difficult. We've had lots of big arguments. This
is not the first or the last one, but we're
moving on where you put Wellington first. Trouble in the
health system is filtering through to acc ACC has reported
a seven point two billion dollar deficit a year after
posting an almost one billion dollar surplus in response as
(01:33):
proposing hikes for levees or two levees rather for vehicle owners,
wayjourners and business owners praise for a bipartisan effort to
help abuse survivors. Parliament has passed a bill which will
allow people to quickly dissolve abuse marriages once a protection
order has passed. Auckland University law professor Mark Hennigan says
(01:53):
it's a great replacement to the current laws. This enables
them once they show the protection order to the court
to grant the otherwise they're going to wait two years
in the marriage state to someone who has been abusing him.
The bill was passed with support from every party. A
veterans charity believes the veterans ministers picking the low bearing fruit.
With changes to ANZAC day laws. Chris Pink has announced
(02:16):
the public holiday will soon officially recognize veterans and conflicts
after nineteen sixty six no Daft Charitable Trust co founder
Aaron Wood says it's a good change, but it's not
going to make much of a difference. He says there's
much more pressing issues for veterans, such as easy access
to support services. Even Chris Pine mentioned that there's more
that could be done and more that should be done,
(02:37):
and he's good right with that. There is more that
should be done, and we wait with bita breath for
him to do more. Jasin Ardun has formally received her
dame hood, more than a year after being granted the title.
The former Prime Minister was presented the award by Prince
William at an investiture ceremony at Windsor Castle in Sport.
Britannia have secured two race wins over Team New Zealand
(02:57):
in the America's Cup final match, using the deficit to
four to two in the first to seven series off
the coast of Barcelona. German Thomas Tukel has been confirmed
as manager of the England men's football team. Expect halfback
Cam roy Gard to return to Test rugby next weekend
against Japan and Yokohama after rehabilitating a seven month knee
(03:17):
injury and finally persistent rain has prevented any play on
the opening day of the first cricket Tests between India
and New Zealand at Benglaru. I'm never ready, man who
In the latest news. FIS will be back with the
next update at midday from the newstalk ZB newsroom.
Good morning, I'm never ready, Manu, and this is your
morning news fix for Thursday, seventeenth of October. In this update,
concerns the Reserve Bank may be acting too slowly in
bringing down the official cash rate. Inflation is banked within
the target range at two point two percent ASB Senior
economist Mark Smith now expects THEOCR to drop to four
(00:25):
point twenty five percent before Christmas and a three point
twenty five percent sometime next year. Is as the central
Bank may prove to have been too slow, contributing to
economic scarring and sizable job losses. We like the remain
recession over much of this year with the rest of
the unemployment rates approaches six percent by the middle of
next year. Tori Farno is warning of some tough decisions
(00:48):
ahead for the capitol. The Wellington mayor is meeting with
local government Minister Simeon Brown this morning following a tense
meeting with counselors yesterday afternoon. Farno wants to keep funding
for water, infrastructure and housing, but avoid higher than expected
rates rises. Councilors Ray Chung, Iona Panet and Ben McNulty
admit there are lots of disagreements among counselors about the
(01:11):
best way forward. The Council would never agree on anything,
very very difficult. We've had lots of big arguments. This
is not the first or the last one, but we're
moving on where you put Wellington first. Trouble in the
health system is filtering through to acc ACC has reported
a seven point two billion dollar deficit a year after
posting an almost one billion dollar surplus in response as
(01:33):
proposing hikes for levees or two levees rather for vehicle owners,
wayjourners and business owners praise for a bipartisan effort to
help abuse survivors. Parliament has passed a bill which will
allow people to quickly dissolve abuse marriages once a protection
order has passed. Auckland University law professor Mark Hennigan says
(01:53):
it's a great replacement to the current laws. This enables
them once they show the protection order to the court
to grant the otherwise they're going to wait two years
in the marriage state to someone who has been abusing him.
The bill was passed with support from every party. A
veterans charity believes the veterans ministers picking the low bearing fruit.
With changes to ANZAC day laws. Chris Pink has announced
(02:16):
the public holiday will soon officially recognize veterans and conflicts
after nineteen sixty six no Daft Charitable Trust co founder
Aaron Wood says it's a good change, but it's not
going to make much of a difference. He says there's
much more pressing issues for veterans, such as easy access
to support services. Even Chris Pine mentioned that there's more
that could be done and more that should be done,
(02:37):
and he's good right with that. There is more that
should be done, and we wait with bita breath for
him to do more. Jasin Ardun has formally received her
dame hood, more than a year after being granted the title.
The former Prime Minister was presented the award by Prince
William at an investiture ceremony at Windsor Castle in Sport.
Britannia have secured two race wins over Team New Zealand
(02:57):
in the America's Cup final match, using the deficit to
four to two in the first to seven series off
the coast of Barcelona. German Thomas Tukel has been confirmed
as manager of the England men's football team. Expect halfback
Cam roy Gard to return to Test rugby next weekend
against Japan and Yokohama after rehabilitating a seven month knee
(03:17):
injury and finally persistent rain has prevented any play on
the opening day of the first cricket Tests between India
and New Zealand at Benglaru. I'm never ready, man who
In the latest news. FIS will be back with the
next update at midday from the newstalk ZB newsroom.
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