Afternoon Edition: 10 July 2024

The Afternoon Edition of News Fix for 10 July 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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Episode Transcript

Speaker 1 (00:04):
Good afternoon. I'm Jody Gill and this is your afternoon
news fix for Wednesday, the tenth of July. Economists are
unsurprised the official cash rates stayed put today, although caught
off guard by something else. The OCI is remaining at
five point five percent, where it struck since last year.
But Inframetrics principal economist Brad Olsen says the Reserve Bank's

(00:25):
tone is flip flopping. After signaling potential interest rate rises
in May.

Speaker 2 (00:31):
Are now almost hinting at a cut, saying that that
confidence that inflation will get back to within the target
range of one to three percent by the end of
this year.

Speaker 1 (00:40):
Northland's MP says Transpower is morally obliged to compensate people
affected by last month's power cut. Nearly one hundred thousand
people were left in the dark when a tar toppled
after maintenance crews unbolted three legs of a pylon at once.
Transpars David Knight says businesses that suffered a loss should
contact their tricity retailer and lodge a claim with their

(01:02):
insurance company. But Grant McCallum claims this happened because of
incompetence and negligence. This is not an act of God
like giving a lightning strike or a big storm. We
all kind of accept that we've got to have our
own insurance of interruption, but this is none of those.
The National Bars Screening programs reached a new milestone distributing
two million home screening kits. The program, which began in

(01:25):
twenty seventeen, as detected at twenty four hundred and ninety
five cancers as of last month. Political reporter to Malsa
Jackson has more.

Speaker 3 (01:34):
Health Minister Shane Retti says the program's only one part
of the government plan to improve cancer outcomes. At last month,
announced to boost to Farmac's budget to fund up to
twenty six cancer drugs. Retti says consultation began on Friday
for the first targeted treatments, including one for colorectal cancer.

Speaker 1 (01:52):
The Prime Minister spent his day rubbing shoulders with top
Republican and Democrat lawmakers on Capitol Hill, but the main
event his trip to Washington, d C. Comes tomorrow, sitting
down with world leaders at the NATO Summit. Political editor
Jason Walls is traveling with the Prime Minister.

Speaker 3 (02:09):
I am looking forward Prime Minister to a great discussion
over the less about issue's key to the usns at
E light.

Speaker 2 (02:16):
It didn't take much to win over Democrat John Ossif
this morning, but Luxeon's got bigger fish to fry. Tomorrow,
He's meeting with Canadian Prime Minister Justin Trudeau on the
sidelines of NATO, followed by bilateral with French President Emmanuel Macron.
Luxin says his time with both men is an opportunity
to deepen New Zealand's relationship with their respective countries.

Speaker 1 (02:37):
In sport, the World Anti Doping Agency has been cleared
of any wrongdoing or showing bias and its handling of
the case involving twenty three Chinese swimmers who tested positive
for a Bann's substance before the twenty twenty one Tokyo Olympics.
Leonel Messi's led Argentina to the Copa America Football Final,
scoring his first goal of the tournament in the Hunell's

(03:00):
semi final victory over Canada and New Jersey. Cruiserweight boxer
David Neeker will fight former WBO light heavyweight challenger Blake
Capparello on September fourteenth at Auckland's Viaduct Events Center. I'm
Jody Gill. That's your latest newsfax. We'll be back with
the next update tomorrow morning. From the news Talk zed

(03:21):
B newsroom.