Episode Transcript
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Speaker 1 (00:05):
Good morning. I never readimanu and this is your morning
news fix for Wednesday, twenty seventh of August and this update.
New Zealand's economy could be growing faster than Australia's. New
research by Westpac suggests how economic growth rate could reach
two point four percent this year and three point one
percent next year. Australia's forecaster growth two percent this year
(00:28):
and two point two percent next year. However, senior economist
Satish Ranchold says unemployments likely to remain higher here for
some time. Australia is still seeing some firm economic conditions. Importantly,
it's labor market is likely to remain stronger than now
for sometime yet. Nikola Willis admits public sector cutbacks have
been affecting Wellington's economy. Willis, who was Public Service Minister
(00:52):
during the first round of job cuts, concedes the restraints
impacted Wellington, but she says economic growth must come from
the capital businesses, not the public service. The government's introducing
yet another investor visa to attract business people to our shores.
A new business investor visa will give foreign business people
investing two million dollars into an existing Kiwi business a
(01:15):
fast track to residency. If a business is worth one
or two million dollars, the applicant would have to buy it,
and if it's worth more that have to invest at
least a quarter of its total value. It will open
for applications in November. A heavily armed man remains on
the run in dense bushland in rural Victoria after killing
two police officers in a cold blooded shooting ambush. The
(01:38):
town of Porpunker is about three hundred kilometers northeast of
Melbourne and has spent the night in lockdown. Police are
throwing every available resource into tracking the fugitive who killed
two of their own and seriously injured a third. Ten
officers were met with gunfire as they attended a property
yesterday morning to execute a search warrant. One of New
(01:59):
Zealand's worst sex offenders is accused of approaching christ Church
school girls and offering them cash in exchange for inappropriate favors.
A fifty three year olds being arrested after reports of
concern in the Mery Vale and sent Albans areas earlier
this month. Aren Zed have named him as Leo Darren Goodwin,
who has multiple convictions for violence and rape against women
(02:21):
dating back to the nineteen nineties. Goodwin appeared in court yesterday,
charred with breaching his preventive detention and parole conditions. He
was reminded in custody and will appear again next month.
Taylor Swift and Travis Kelcey have announced their engagement. The
fourteen time Grammy winner and three time Super Bowl champion
shared the news on social media. The couple gushed over
(02:44):
each other about two weeks ago when Swift announced her
new album on Calsey's New Heights podcast. This is sort
of what I've been writing songs about wanting to happen
to me since I was a teenager, and I was
sitting there at the Airs Tour listening to every single
one of the songs like I Know what she wants
me to do. In sport, Cadillac have named thirty five
year olds VULTREI bot Us and Sugio Perez as the
(03:07):
driver lineup for their debut Formula One season next year.
Panthers coach Ivan Cleary has opted to rest sixteen players
and one nine hundred and forty three games of experience
for tomorrow's NRL penultimate Round league match against the Bulldogs.
The winner of November's Australian Golf Open at Royal Melbourne
will celebrate with the added bonus of a Master's invite.
(03:29):
The victor already gets a ticket to the Open Championship.
I'm never retty manhu ement your latest news fix. We'll
be back with the next update of midday from the
newstalk ZB newsroom.