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Episode Transcript
Good afternoon. I'm railing Ramsey. This is your afternoon news
fix for Wednesday, the twenty first of May. Confidence our
energy supply will last us through the winter. The Electricity
Authority's latest assessment of supply security suggests we have sufficient coal,
water and gas. Major Electricity Users Group chair John Harbard
(00:25):
says electricity prices have fallen since recent rainfall. He says
things are also helped by contactsteal to buy gas from
heavy user method x.
Speaker 2 (00:34):
Wholesale prices are still much higher than they should be,
but we won't be seeing the peaks that we saw
last year unless you know, something completely unexpected happens.
Speaker 1 (00:42):
Labors says a tax break to global tech giants sends
Keywi's a clear message. Revenue Minister Simon Watts has announced
the Digital Services Tax Bill. With nearly one hundred million
dollars a year. It's being pulled from the coalition's pipeline
of laws, a bill inherited from the last government. It
would have imposed a three percent tax on revenue from
(01:04):
New Zealand customers for companies like Facebook and Google. Chris
Hipkins is asking why scraping that is a priority.
Speaker 2 (01:12):
Giving a text break to Google and Facebook wouldn't be
top of my list for things the government should be
focused on, particularly when they're cutting the pay of low
PAIDKII woman.
Speaker 1 (01:20):
Confirmation of hundreds of job cuts at public housing agency
Kayeing Order. The agencies today confirmed it'll remove a net
six hundred and twenty rolls. Ninety four of those are vacant.
Chief Executive Matt Crockett says caying A Order has a
back to basics focus and a reduced volume of activity.
It says these decisions were let it focus on providing
(01:41):
and managing state housing. A record number of businesses have
been looking for advice on restructuring. Inquiries to the Employers
and Manufacturers Association advice line spiked in the first quarter
of this year with four hundred and three queries. Twenty
five hundred businesses liquidated last year. Head of Advocacy and Strategy,
(02:03):
Alan MacDonald says workplace pressures from COVID nineteen, high inflation,
and rising interest rates have continued.
Speaker 2 (02:11):
Everyone's hoping that the turnaround, the recovery, whatever you want
to call it, was going to be in twenty twenty five,
but it increasingly looks like twenty six, or at least
the back end of this year anyway, a.
Speaker 1 (02:21):
Rural Canterbury school students and hospital in a moderate condition
reportedly assaulted by another child. Emergency services were called to
Oxford Area School outside christ Church at about two this afternoon.
A Tatanaki man's been sentenced to twelve months home detention
for setting fire to a house bus in Munaia twenty
(02:43):
years ago, killing a man inside. Open Justice reports, thirty
eight year old Frederick Martine King pleaded guilty to the
manslaughter of Michael Slade at the High Court at New Plymouth.
Claudia O'Neill has more.
Speaker 3 (02:56):
The twenty seven year old laborer was sleeping when King,
who'd been drinking, lit a piece of paper and a
bus window in August two thousand and five. Kingk confess
last June, which factored into his reduced sentence. The courts
accepted he admitted to the fire in two thousand and six,
but it was absent from police records.
Speaker 1 (03:14):
Two Sport All Blacks captain Scott Barrett is back from
a finger injury for the Crusaders as they welcome the
Highlanders in the penultimate round of Super Rugby this weekend.
Warriors Duo Lekahalesima and twenty one year old Jacob Laban,
who have already made an impact in first grade, have
signed deals stretching to the end of twenty twenty nine,
(03:36):
and the Oklahoma City Thunder have turned on a second
half show to demolish the Minnesota Timberwolves one fourteen to
eighty eight in Game one of the NBA's Western Conference Finals.
That is your latest news fix. We'll have more for
you tomorrow morning from the news Talk zb newsroom.
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