Morning Edition: 18 June 2025

The Morning Edition of News Fix for 18 June 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 morning. I never ready Manu, and this is your
morning news fix for Wednesday, eighteenth of June. In this update,
food inflation is up rising four point four percent annually. Meat, poultry,
and fish had the biggest annual increases, while butter, milk,
and cheese drove grocery prices. Butters surged by more than

(00:24):
fifty one percent over the year. Independent economist Cameron Bagery
told Ryan Bridge the numbers are creeping up, but the
composition of the inflation matters more than the inflation itself.

Speaker 2 (00:35):
So what we keep a pretty close on is what's
called non trade will flash, which is semester conflation. That's
the peace that the Reserve Bank can control. It's galivated,
it's all being heading so out we're taken with a
comfort of debt.

Speaker 1 (00:46):
The coroner is calling for compulsory nationwide life jacket use
following the death of a ten year old boy in
the Monaco Harbor. Open Justice reports. Ryder Farrigill and his mother,
Gemma died in November twenty twenty two after a boat
carrying five people campsized near Clark's Beach. They both drowned
after hours of clinging to the overturned Hull and even

(01:08):
after reaching the relative safety of a sandbar. Food Stuff
says confident staff from a fire damaged Auckland supermarket will
be well looked. After a large blaze at New World
Victoria Park yesterday sent smoke bidding over the central city,
taking about ten hours to extinguish. Fire crews have been
tending to hot spots overnight, with a building expected to

(01:30):
be handed back today. Foodstuff's North Island CEO Chris Quinn
says once they clarified the situation, they'll make a plan
with each and every employee. South Island economies continue to
stand tall. Canterbury, the West Coast, Otago and Marlborough have
nabbed their top four spots on asb's Regional Economic Scoreboard,

(01:50):
which rates regions based on year on year growth. Chief
economist Nick Toughley says the South Islands housing market is
robust and employment is held up better than the Norse.
He says areas like Otago have also had the benefit
of strong tourism, while there's been a lot of good
on farm returns. More New Zealand businesses are directing their
attention to growth. The two degrees twenty twenty five shaping

(02:13):
Business study suggests forty five percent of business leaders are
optimistic about the year ahead. It compares to thirty four
percent last year and forty percent in twenty twenty one.
But Chief executive Mark Caleader says there are still challenges.

Speaker 2 (02:27):
We're still in the servi recessionary based economy. They're still
inflation impacting businesses. There's a lower household spinning that's also
impacting them. Against the backdrop of all of it, I
think they can see line of sight, just things improving.

Speaker 1 (02:38):
A jam packed agenda for the Prime Minister as his
mission to boost our profile in China kicks off, Christopher
Luxen's touchdown in Shanghai today will be all about championing
New Zealand products to Chinese consumers at a number of events.
Luckson's next stop is Beijing, where he will meet with
President Ji Jinping. In sport, Silverfun's vice captain Kate Kevenin

(03:00):
is calling for flexibility in New Zealand's eligibility rules after
revealing she's had conversations with Australian netball clubs. Arena Sablenka
has branded her comments as unprofessional. After losing the French
Open tennis final to Cocoa Golf. She's apologized for attributing
the result to mistakes rather than her opponent's performance. Queensland

(03:21):
League coach Billy Slater has challenged former New South Wales
prop Aaron Woods claim he's a grub ahead of tonight's
second State of Origin mansion Perth. I'm never ready man.
Who ema your latest newsweeks We'll be back with the
next update at midday from the news Talk ZB news
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