Episode Transcript
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Speaker 1 (00:04):
Good afternoon. I'm Malcolm Jordan and this is your midday
news fix for Friday, the twenty third of August. More
than one hundred thousand bank customers could have years of
interest and fees on home loans refunded. Jordan Dune has more.
Speaker 2 (00:17):
Banking class actions, says A and Z and ASB didn't
properly inform all refund customers after breaching New Zealand consumer
protection laws. The Court of Appeal is ruling that every
customer affected from the breach is now automatically part of
the class action, unless they choose to opt out. Lawyer
Scott Russell says it amounts to one of the largest
class actions in the country's history.
Speaker 1 (00:39):
Fonterra is lifting its forecast farm gate milk price after
this week's rise in global dairy prices. The midpoint has
lifted from eight dollars to eight dollars fifty per kilo
of milk solids. The Dairy co Op has also made
changes to its payment schedule that will see farmers paid
earlier in the season. The Country's Jamie Mackay says the
sectors in a good position. The NXX milk price forecast
(01:03):
mid nine dollars thirty three. At those sort of numbers,
dairy farmers are starting to cook with cash. Fonterra also
now expects its final earnings from the past year to
be at the top end of its forecast range. A
Maori academic is highlighting the importance of EWEI consultation on
water issues. A regulatory impact statement on the government's Local
(01:25):
Water Dune Well Plan states there's been a lack of
engagement with EWI so far. It replaces the previous government's
Three Waters Plan, which Local Government Minister Simeon Brown has
slammed as a divisive, co governed mega entity approach. Auckland
University Maori Studies lecturer Doctor Daniel Hikoroa hopes new plans
(01:46):
can be inclusive.
Speaker 2 (01:47):
It's it's important that we have consulted in that regards
because surely we want to view best information available to
the included.
Speaker 1 (01:55):
A man's being bitten by a police dog while being
arrested following a fleeing driver incident in Otago. Police say
the man was live streaming himself driving at one hundred
and sixty five kilometers an hour between Dunedin and au
Amaru last night. Karmala Harris is hours away from officially
accepting a landmark presidential nomination. It's the fourth and final
(02:19):
day of the Democratic National Convention in Chicago, and anticipations
building for the vice president's keynote address. Harris will formerly
be the first black woman and Asian American to lead
a major US political party to election. Italian divers are
now focusing on recovering one body after a super yacht
(02:39):
sank off the coast of Sicily. The Bayesian, was hit
by a storm before sinking fifty meters below the surface.
Authorities have recovered six bodies, including British tech billionaire Mike
Lynch and banker Jonathan Bloomer. The missing body is believed
to be Lynch's eighteen year old daughter Hannah. The BBC's
Mark Lowan is on scene and says there are questions
(03:01):
over whether the body is in the wreck.
Speaker 2 (03:03):
So possibly. I'm just amount of time until it's found.
Unless it has indeed go out to see then it's
a much much harder surgeon.
Speaker 1 (03:09):
Whittakers says it's assessing the damage after a fire broke
out in its pody to a chocolate factory last night.
It's the sole production facility for all Whittakers products, with
the company saying it's working to minimize any disruption to sport.
All Black Sevens flyer Leroy Carter has signed with the
Chiefs on a two year Super Rugby Pacific contract starting
(03:29):
next year. Carter can play both wing and halfback. Olympic
silver medallist to Maddie Lee Weshy has had to settle
for sixth in the women's shot put at the latest
Diamond League Track and Field meat in Lusan, with the
best effort of eighteen point sixty six meters and the
Kiwis and Kiwi Ferns will play their Australian counterparts in
christ Church to open Rugby League's Pacific Championships on October
(03:51):
twenty seven. 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.