Midday Edition: 18 September 2024

The Midday Edition of News Fix for 18 September 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 Malcolm Jordan and this is your midday
NEWSFACS for Wednesday, the eighteenth of September. Family members of
Ariqi Rigby have packed the Monaco District Court as the
man accused of killing her appeared. Rigby was found dead
in a burnt out car in Hawke's Bay about two
years ago. A thirty two year old now faces murder
and arson chargers. One family member sobbed loudly and yelled

(00:29):
justice for Ariki as the accused stood in the dock.
A heavy start to the day for seventy five workers.
They've learned they'll almost certainly lose their jobs with the
closure of Auckland's Penrose mill. Og Fiber Solutions has confirmed
it will close its Penrose mill in December, citing drastically
rising energy prices as a key reason. At To Negotiation

(00:53):
specialist Joe Gallagher was at this morning's announcement with workers.

Speaker 2 (00:57):
But essentially Irun was told today that they losing the job.
So it's a pretty somber morning for everyone.

Speaker 1 (01:03):
A Canterbury milk processor lives to fight another day. Sinlay
shareholders have voted to approve a two hundred and eighteen
million dollar capital injection by its two larger shareholders, A
Too Milk and Bright Dairy. It's part of the company's
mission to restore its balance sheet and payoff debt. The
company had warned of votes went the other way, they'd

(01:25):
be forced into an insolvency process. Board chair George Adams
says this was the outcome they were hoping for. I'm
delighted it was a really strong between thirty four and
ninety six percent in favor, so I think that's a
resounding success for our shohlders and the business. Deteriorating mental
health in New Zealand's children, an Informed Futures Report highlights

(01:49):
and urgent need to foster resilience in young people due
to increasing levels of psychological distress. Doctor Felicia Lowe told
Mike Costing, it's not good enough that twenty percent of
our fifteen to twenty four year olds are struggling.

Speaker 2 (02:04):
Percent twenty percent too many. I mean it's one in five.
We want every single young person in New Zealand to
be able to thrive in life.

Speaker 1 (02:12):
Consumer confidence has picked up as pessimism over the economic
outlook starts to ease. The latest Westpac McDermott Miller Consumer
Confidence Index rows nine points in the September quarter to
ninety point eight. Jamie Cunningham reports.

Speaker 2 (02:27):
Economist Cities ranch Hodds says the cost of living crisis
remains front of mind for most Kiwi families. He says
many people are still feeling the squeeze despite tax cuts
providing some relief. But ranch Hodd says there's an optimistic
outlook for the coming year as falling inflation will flow
through to back pockets eventually.

Speaker 1 (02:47):
Official projections revealed the possible impact of climate change over
this century. It includes New Zealand being up to three
degrees warmer by twenty ninety, with more hot days and
less rain in the North Island. To sport, a new
manufacturer will be on the V eight supercars grid alongside

(03:07):
Ford and Chevrolet in twenty twenty six. Toyota will field
a minimum of four cars in the series. The Black
Caps will sample a rarity during their first cricket test
against Verlanka in Gaul, starting this afternoon. A rest day
has been set for Saturday to accommodate the local presidential elections,
and spring Box coacher Rassi Erasmus has made ten starting

(03:32):
changes to the side that beat the All Blacks in
Cape Town for Sunday's Rugby Championship test away against Argentina.
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.