Midday Edition: 05 November 2024

The Midday Edition of News Fix for 05 November 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
news fix for Tuesday, the fifth of November. Many American
voters will be voting based on local problems as they
head into the polling booth in the coming twenty four hours.
Kamala Harris and Donald Trump are making their final pitch
to voters on the eve of election day, with latest
polling showing a tight race. US embassies David Gerenbeck says

(00:28):
Americans will also be choosing senators, governors, and congress. He
told newstalk edb's Wellington Mornings. It continues to be a
very divisive election and.

Speaker 2 (00:38):
A lot of times when people go to vote, they're
focused on some of those local issues in most local
elections as much or even more than they're focused on
the national level.

Speaker 3 (00:46):
So this is the crux of democracy.

Speaker 1 (00:49):
The economic downturn could get worse before it gets better.
That's the Reserve Banks view in its latest semi annual
Financial Stability Report. Business reporter Michael sergel as the details.

Speaker 3 (01:01):
The central banks, whose households are reducing discretionary spending and
businesses have put investment plans on hold, while business confidence
is recovering as both inflation and interest rates fall, there
is a risk of significant further weakening.

Speaker 1 (01:15):
The Reserve Bank says the banking sector remains in a
good position to support households and businesses, including effectively handling
any potential loan defaults. The jury presiding over the murder
trial of tingzun Chaw in christ Church has been released
for the morning. Shannon Johnstone has more.

Speaker 2 (01:34):
Charles accused of killing Yan fey Bao, who disappeared in
July last year, with her body found more than a
year later. The third week's beginning was delayed yesterday because
a jury member was sick, just as Lisa Preston started
today with a chambers discussion, and the jury is due
back in court from midday.

Speaker 1 (01:51):
Community projects in Wellington are at risk of losing funding
as the City Council looks for budget cuts. It's rethinking
its long term plan after abandoning plans to sell shares
in Willington Airport. The Mayor's office has cited more than
a dozen planned projects at risk, including work on cycleways,
the Civic Square, Candala swimming pool and a new central

(02:13):
Chinese garden. Torri Farno sis she won't consider cutting spending
on water, infrastructure and social housing or increasing rates. The
Prime Minister won't say whether people running youth boot camps
can use force. A leaked ministerial document from the Children's
Minister suggests giving military style boot camp providers the power

(02:34):
to use force could increase the potential risk of abuse.
It says not providing these powers could mean that staff
could face legal risks when preventing young people from absconding
or harming themselves or others. Christopher Luxen told Mike Cosking
the power to use force is ultimately a decision for
program operators. I'm just not in that position might comment

(02:56):
on that as to why it would be used, to
how it would be used for restraints or other things.
Firefighters have been battling a fire inside a mosque in
Auckland's New Lynn on Astley Avenue this morning, and the
music world is grieving the loss of one of its
most influential names. Music producer and composer Quincy Jones has
died peacefully at is Barely a home, aged at ninety

(03:18):
one to Sport. Britain's Telegraph newspaper reports the Lions and
New Zealand Rugby are exploring the staging of a match
in the United States as part of the twenty twenty
nine tour, and Blackcap spinner AJS Patel has revealed a
number of players were plagued by illness during their unprecedented
three nel Test cricket series sweep of India. Away, I'm

(03:40):
Malcolm Jordan. That's your latest news fix. We'll be back
with the next update at five pm from the newstalk
ZB newsroom.