August 20, 2024 • 3 mins
The Midday Edition of News Fix for 21 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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Speaker 1 (00:04):
Good afternoon. I'm Malcolm Jordan and this is your midday
newsfix for Wednesday, the twenty first of August. Police have
opened consultation on plans to cull corporate staff, reducing a
net one hundred and seventy rolls. Commissioner Andrew Costa has
an ounceday proposal to disestablish two hundred and forty eight jobs,
one hundred and twenty eight already vacant and create seventy
(00:27):
eight Azariah Hall reports.
Speaker 2 (00:29):
Staff for giving feedback on the proposal for final decisions
to be made in October. Police are also running a
separate voluntary redundancy process not open to constables or frontline workers.
Voluntary redundancies and in.
Speaker 1 (00:43):
November applause from the Banking Association for the Commerce Commission's
survey of the regulatory environment and its impacts on competition.
The Commission found little competition in personal banking and highlighted
the big profits turned by Australian owned banks. It recommends
giving Kiwi Bank greater access to capital to better compete.
(01:04):
Association Chief executive Roger Beaumont says they think banks are
probably the most regulated industry in the country that has
a huge impact on the processes, for example, that a
new bank coming into the market needs to go through
in order to become a registered bank. Maybe's Port is
likely to be impacted by plans to shut down two
(01:25):
Central North Island mills. Winstone Pulp International has announced its
intentions to close the Cuttiyoy Pulp Mill and Tonguey Wise
saw Mill after electricity bills have risen by six hundred
percent in just a few years. More than two hundred
jobs are on the line. Jami Wealth Director Andrew Callaher
says Winstone's is a big cargo customer for the port.
Speaker 2 (01:48):
Anans to two hundred jobs affected.
Speaker 1 (01:50):
This is tough for region already for set with challenges
consequence of unsustainable energy prices that of course affects volumes
through the port. Tolong As new Mare says the will
need assistance into the future. The Prime Ministers, speaking of
today's Local Government New Zealand conference, he's expected to ask
councils to cut their own cloth before asking the government
(02:10):
for money. Mahe Drysdale says he's looking to cut costs
locally but would like central help with things like infrastructure.
Speaker 2 (02:18):
The government saying we need you to grow. We don't
have the money to grow, so we need some tools
and options to.
Speaker 1 (02:24):
Enable us to do that. Our heritage advocate says rebuilding
christ Church Cathedral is the most important part of the
city's post quake jigsaw. The projects short eight eighty five
million dollars and has paused indefinitely. Christ Church Civic Trust
spokesperson Mark Belton says the cathedral's a historic achievement and
(02:45):
the heart of the city.
Speaker 2 (02:47):
It is for the whole country, the most signal, most
important heritage church building.
Speaker 1 (02:53):
The inter Islander Ferry Ariti will be out of service
from Saturday to Tuesday next week. It's getting a new
gearbox part that's needed replacement since May. To sport, the
bosses of the Men's World Tennis Tour are welcoming Yarnick
Sinner remaining free to play. It comes despite the world
number one twice testing positive for a banned substance in March.
(03:16):
One of the country's top cycling events has put the
brakes on after thirty six years. The New Zealand Cycle
Classic has been canceled next year due to rising costs
and a struggle to find a naming rights sponsor. Manchester
City's Phil Foden has scooped the Professional Footballers Association Men's
Player of the Year award for the twenty twenty three
(03:37):
to twenty four season. I'm Malcolm Jordan. That's your latest
news fix. We'll be back with the next update at
five pm from the news Talk zb newsroom
Good afternoon. I'm Malcolm Jordan and this is your midday
newsfix for Wednesday, the twenty first of August. Police have
opened consultation on plans to cull corporate staff, reducing a
net one hundred and seventy rolls. Commissioner Andrew Costa has
an ounceday proposal to disestablish two hundred and forty eight jobs,
one hundred and twenty eight already vacant and create seventy
(00:27):
eight Azariah Hall reports.
Speaker 2 (00:29):
Staff for giving feedback on the proposal for final decisions
to be made in October. Police are also running a
separate voluntary redundancy process not open to constables or frontline workers.
Voluntary redundancies and in.
Speaker 1 (00:43):
November applause from the Banking Association for the Commerce Commission's
survey of the regulatory environment and its impacts on competition.
The Commission found little competition in personal banking and highlighted
the big profits turned by Australian owned banks. It recommends
giving Kiwi Bank greater access to capital to better compete.
(01:04):
Association Chief executive Roger Beaumont says they think banks are
probably the most regulated industry in the country that has
a huge impact on the processes, for example, that a
new bank coming into the market needs to go through
in order to become a registered bank. Maybe's Port is
likely to be impacted by plans to shut down two
(01:25):
Central North Island mills. Winstone Pulp International has announced its
intentions to close the Cuttiyoy Pulp Mill and Tonguey Wise
saw Mill after electricity bills have risen by six hundred
percent in just a few years. More than two hundred
jobs are on the line. Jami Wealth Director Andrew Callaher
says Winstone's is a big cargo customer for the port.
Speaker 2 (01:48):
Anans to two hundred jobs affected.
Speaker 1 (01:50):
This is tough for region already for set with challenges
consequence of unsustainable energy prices that of course affects volumes
through the port. Tolong As new Mare says the will
need assistance into the future. The Prime Ministers, speaking of
today's Local Government New Zealand conference, he's expected to ask
councils to cut their own cloth before asking the government
(02:10):
for money. Mahe Drysdale says he's looking to cut costs
locally but would like central help with things like infrastructure.
Speaker 2 (02:18):
The government saying we need you to grow. We don't
have the money to grow, so we need some tools
and options to.
Speaker 1 (02:24):
Enable us to do that. Our heritage advocate says rebuilding
christ Church Cathedral is the most important part of the
city's post quake jigsaw. The projects short eight eighty five
million dollars and has paused indefinitely. Christ Church Civic Trust
spokesperson Mark Belton says the cathedral's a historic achievement and
(02:45):
the heart of the city.
Speaker 2 (02:47):
It is for the whole country, the most signal, most
important heritage church building.
Speaker 1 (02:53):
The inter Islander Ferry Ariti will be out of service
from Saturday to Tuesday next week. It's getting a new
gearbox part that's needed replacement since May. To sport, the
bosses of the Men's World Tennis Tour are welcoming Yarnick
Sinner remaining free to play. It comes despite the world
number one twice testing positive for a banned substance in March.
(03:16):
One of the country's top cycling events has put the
brakes on after thirty six years. The New Zealand Cycle
Classic has been canceled next year due to rising costs
and a struggle to find a naming rights sponsor. Manchester
City's Phil Foden has scooped the Professional Footballers Association Men's
Player of the Year award for the twenty twenty three
(03:37):
to twenty four season. I'm Malcolm Jordan. That's your latest
news fix. We'll be back with the next update at
five pm from the news Talk zb newsroom
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