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January 14, 2025 4 mins
The Midday Edition of News Fix for 15 January 2025, 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

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Speaker 1 (00:04):
Good afternoon. I'm Malcolm Jordan and this is your midday
news fix for Wednesday, the fifteenth of January. Two fishermen
are safe after their trawler rapidly sank near coo Oh
Island in the Hoaki Gulf. The trawler was returning home
when its skipper reported the vessel taking on water off
Moto Recerica Island in the Cooh Bay, north of Auckland.

(00:25):
The fisherman turned the vessel towards the nearest land to investigate,
but the boat sank too quickly. Cooh volunteer Coastguard says
its crew were alerted just before nine last night and
they responded about thirty five minutes later thanks to the
quickness of volunteers. Rising consumer confidence is the key to
improving the outlook for businesses. The latest quarterly survey of

(00:50):
business opinion from the Institute of Economic Research shows a
net nine percent of firms expect general economic conditions to improve,
to jump from a net four percent feeling downbeat three
months prior. Business New Zealand's Katherine Bird says falling interest
rates should play a role in improving consumer confidence, meaning

(01:11):
hope for businesses. That's everything from retail spinning to building,
and of course the building takes offered in that flows
through into manufacturing supply chains as well. Recent international factors
are likely to push up the price of petrol in
New Zealand. Prices are expected to rise about ten to
twenty cents a liter over the coming weeks off the

(01:31):
back of US Russia tensions and a week in New
Zealand dollar. American sanctions against Russia's energy industry last week
caused the price of oil to reach its highest level
in five months. AA Principal policy advisor Terry Collins says
our dollar is the weakest it's been against the US
since late twenty twenty two. As those external cost pressures

(01:54):
come through, it'll be reflected at the county. Wins around
Los Angeles haven't been as strong as feared, but the
fire risk remains high. Powerful guests are still forecast in
the next twenty four hours, with authorities warning they could
be life threatening. A local environmentalist to told Newstalks dB
all of the dangerous, dangerous debris that fell in the

(02:16):
first wave of fires is still around and being tossed
in the air. The Eton and Palisades fires are so
far the second and fourth most destructive in California state history.
A thirty year old man who escaped police custody in
Topur on Monday evening is back in police custody. The
man handed himself in at the Topor police station shortly

(02:40):
after nine am today. A ceasefire in Gaza has still
believed closer than ever as Israeli leaders hold an urgent
security meeting. Katari mediators say the final details for a
deal after being reviewed with all major issues resolved. BBC
correspondent Tom Bayman says the fine print of a potential

(03:02):
deal has essentially remained the same since May. Yet there's
a catch and incoming Trump administration.

Speaker 2 (03:09):
Both sides simply didn't have the same degree of certainty
that they would get both the terms on offer now,
but also the guarantee of an American administration for pushing
it through.

Speaker 1 (03:21):
The nervous wait is over for one hundred and sixty
thousand students who sat in CEA last year in z QA,
says it's post to the results online to Sport. Liverpool
and Nottingham Forest have drawn one all in Premier League
Football to sit first and second respectively on the table.
All White's captain the Chris Woods Strucker's thirteenth goal of

(03:42):
the season for Forest in the eighth minute, and the
Crusaders have confirmed to David Harvilli as their captain for
this year's Super Rugby season, replacing All Black skipper Scott Barrett.
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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