Episode Transcript
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Speaker 1 (00:04):
Good afternoon. I'm Railing Ramsey. This is your afternoon news
fix for Wednesday, the fourteenth of August. Welcome relief for
many households and businesses. The Reserve Bank has cut the
official cash rate twenty five basis points to five point
twenty five percent and is forecasting at least one more
cut this year. Governor Adrian Or says today's cut was
(00:25):
an easy decision. He says the Bank's committee there's now
confident inflation is returning to the one to three percent target.
It's been about building the committee's confidence to get moving
and we're at that point now. The heralds Liam Dan
says the Reserve Bank is still signaling tough times ahead.
They say the economy has materially weakened and it looks
(00:47):
like they're saying that we could well be in another recession.
The Finance Minister says the rates drop is welcome relief
for families and businesses. Letting keywis pay less interest on
mortgage loans and credit cards. Nikolas as it shows hard
economic conditions are easing, in turn giving businesses confidence to
invest and hire. Police are treating a large bag of
(01:10):
lollies donated to Auckland City Mission, believed to have come
from overseas as fully contaminated with meth. Rinda brand pineapple
sweets are handed out in parcels were handed out in
parcels over several weeks and samples have now been forensically tested.
Up to four hundred people may have received them, and
(01:30):
at least sixteen lollies have been recovered so far. Detective
Inspector Glenn Baldwin says three people needed medical assistance after
tasting a lolly and spitting it out. A charity worker
was taken to Auckland City Hospital yesterday evening having experienced
some symptoms which would be consistent with consumption of meth amphetamine,
(01:50):
and he says two young people were also taken to hospital,
but everyone's been discharged. Drug Foundation Deputy Director Ben Burksang
says dependency is unlikely after just a taste. Berg Saying
says anyone concerned about potentially consuming the lollies can contact
health or drug and alcohol services. There are people who
(02:11):
may have had these who have prior experiences of addiction.
That may be a challenging time for them at the moment.
The man in charge of Health New Zealand says the
agency must and will live within its means. Lester Levy
email staff to address the presentation yesterday that suggested significant
frontline cuts. He told them it directly conflicted with his
(02:34):
thinking and should be dismissed. Is now told the Health
Innovator's Summit in Auckland more about his plan. Lev says
Health New Zealand needs to rationalize its planning because it
has too many priorities. Have very clear priorities with their
focuses for organization in a discipline or organization, and will
(02:56):
change whatever needs to be changed. The PPTA continues to
so express concern about charter schools. The first should be
opening next year, with applicants being contacted next month. The
government plans to convert thirty five state schools to charter schools,
the first expected to be smaller ones. PPGA president Chris
Abercrombie suggests it'll take local ownership from schools. Public school
(03:19):
wish to be public. Your local community should be in
charging your local school, Mister fism the case of charter
schools in Sport. Eight time Olympic gold medalist Dame Lisa
Carrington is undecided on whether she'll commit to competing at
the twenty twenty eight Los Angeles Games, winning Olympic gold
and qualifying for the LPG Hall of Fame. As yet
(03:41):
to sink in for golfer Lydia Coe, she's preparing for
the Scottish Open starting tomorrow night, a tune up for
next week's Women's Open Major and can You Order? Poy
hopes the chance to partner with Kate Heffernan in the
mid court could set her up for a return to
the silver Ferns after moving from the Tactics to the Stea.
(04:01):
I'm railing Ramsey. That's your latest news fix. We'll be
back with the next update tomorrow morning from the News
Talk cd B newsroom.