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August 11, 2024 3 mins
The Morning Edition of News Fix for 12 August 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

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Speaker 1 (00:04):
Good morning. I'm never ready, Manu, and this is your
morning news fix for Monday, twelfth of August. In this update,
the sun is setting on New Zealand's most successful Olympic
campaign ever. We now have twenty medals, with the bronze
for Ali Wallaston and another gold for cyclist Elise Andrews
at the Venodrome overnight around.

Speaker 2 (00:24):
The Bedcancy Pedalty on your chapter in New Zealand Cycling History,
she can and lysanders it's a tuttle gold medalist in Paris.

Speaker 1 (00:32):
New Zealand ends the Olympics with ten gold, seven silver
and three bronze. Dame Lisa Carrington and Finn Butcher have
been confirmed as the flag bearers for this morning's closing ceremony,
and we'll have more shortly in sport confirmation the Christ
Church Cathedral's restoration project will probably be mothballed is being
viewed as a blow to Central City businesses. The government

(00:54):
won't step in to help plug a one hundred and
fourteen million dollar funding hole. Central City Business Association chair
Annabel Turley says it's disappointing, but she understands given the
huge financial burden on taxpayers, that's definitely concerning for those
businesses because no one really wants to see the sacral moscot. Meanwhile,
new figures show Wellington is the only region not an

(01:17):
economic recovery. A new report from Kiwibank paints a hopeful
picture for recovery across the country with decreasing inflation and
increasing wages, but there are no signs of improvement for
the capital, with public service cuts being blamed for the
glum outlook. Quieban chief economist Jared currsays it won't change
anytime soon. Well, Anthon's doing it tough. You can just

(01:37):
see it in their activity dat, you can see it
in their healthy market, you can just see it in
all economic indicators.

Speaker 2 (01:43):
It's pretty bad.

Speaker 1 (01:45):
There's a mixed bag for Auckland. In the latest State
of the City report, which compares our largest city to
other cities around the world. It's found Auckland's work life
balance is improved and the city is getting better at
handling crises. But Committee for Auckland director Mark Thomas says
Auckland is lagging behind when it comes to technology, productivity
and transport, and he says those aren't the only issues.

Speaker 2 (02:06):
Knowledge, skills and educational outcomes.

Speaker 1 (02:08):
So we're we're training good people at local universities, but
too many of them are going overseas. New data reveals
New Zealand State Housing provider has sold off one hundred
and sixty seven properties since twenty nineteen. That's despite a
promise by the previous Labor government to not sell off
Kuyinga Order homes while it was in power. Political editor
Jason will says the numbers.

Speaker 2 (02:28):
Kanger Aura raised more than eighty million dollars through the sales,
including selling two Remuerra properties for two point three million
dollars each. A spokesperson says these homes were built more
than seventy years ago and have been owned by the
agency since the nineteen forties. Kanger Aura says the money
made through the sales is reinvested back into the overall

(02:50):
housing portfolio.

Speaker 1 (02:51):
And in sports you heard earlier, cyclist Elise Andrews has
secured a second triumph in the velodrome at the Paris Olympics,
this time in the sprint. There that's the record tenth
gold for New Zealand at a Games, surpassing the eight
at Los Angeles in nineteen eighty four. Meanwhile, teammate Elie
Wallaston has claimed bronze in the Omnium. The American women's

(03:12):
basketball dynasty continues, winning their eighth straight gold by defeating
France in the final, and the Warriors playoff hopes are
dwindling after a golden point lost to the Dolphins in
the league's NRL. I'm never ready man who and that
your latest news. FAKS will be back with the next
update at midday from the newstalk ZB News roup.
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