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May 23, 2025 3 mins
The Afternoon Edition of News Fix for 23 May 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 railing Ramsey. This is your afternoon news
fix for Friday, the twenty third of May. The contentious
Regulatory Standards Bill has swept through its first reading in Parliament.
The bill aims to give the Ministry for Regulation more
power and has today been voted forward by National Act
in New Zealand. First Labour's Willie Jackson says this is

(00:26):
another bad faith law promoting private property rights over the
common good.

Speaker 2 (00:31):
The Regulatory Standards Will represents, Madam Speaker, a dangerous and
threatening assault on the values of this country, opening up
legislation as everyone has pointed out to corporate influence.

Speaker 1 (00:44):
The first round of budget initiatives has passed into law
under urgency in a bill including the new Investment Tax
Incentive Scheme and changes to Kiwisaver and Working for Families
Cost Savings. In the budget notably stopped one hundred and
fifty projects, as well as canceling major pay equity claims
and raising their threshold. Prime Minister Chris Luxon says it's

(01:07):
not guaranteed more public sector jobs will face the acts.
As digital technology is embraced.

Speaker 3 (01:13):
Think about how many businesses today are using people in
different ways. Working alongside technology, so you know, but you
don't also run in an efficient system just to keep
a bureaucracy in place and keep doing the way we've
been working since signing seventy five.

Speaker 1 (01:26):
Fears changing key we save that could put some off it.
The government's hud its contribution to two hundred and sixty
dollars and introduced to CAP accounting company Henry says sole
traders can't benefit from employers matching employee contributions. CEO James
Fuller says the reduced government amount makes them more likely

(01:47):
to quit. Already starting to hear that some sole traders
are looking at alternative places to put their money to
plan for their retirement. The government contribution was the one
incentive that they had to actually use. Kiwisaver Spayers Union
says changing rates rebates for seniors and the budget just
shifts the cost to taxpayers. The threshold at which SuperGold

(02:08):
cardholders are eligible for rates relief has gone to forty
five thousand, adding in about sixty six thousand more people taxpays.
Union spokesperson James Ross says local government Minister Simon Watts
is letting councils off the hook.

Speaker 4 (02:23):
Councilors should start running in this thing, but government certainly
shouldn't be giving them a get out of jail free
card for it.

Speaker 1 (02:30):
A key we Surf Life Saving and Athletics competitor is
banned from the sport for three years for possessing and
trafficking banned substances. Customs intercepted a parcel address to Morgan
Foster containing peptides last September. Claudia O'Neill has more.

Speaker 4 (02:47):
The substances can increase muscle mass, enhance recovery and reduce
body fat in a band in sport. Foster admitted breaching
anti doping rules, saying he bought the substances for another
person the sports tribunals and posted three year ban based
on the low level of the trafficking violation in sport.

Speaker 1 (03:04):
Melbourne victory winger Daniel Larzani dubbed Auckland FC one dimensional,
but Black Knight's Ford gajeurmo Mai is happy to be
called that if it continues to be a winning formula.
In their A League semi final series, the Oklahoma City
Thunder have gone to nil up over the Minnesota Timberwolves

(03:25):
in their NBA Western Conference Final series. With a one
eighteen to one O three one on their home court,
and the Ruapuna Motorsport Park has enticed the supercars circuit
to christ Church for the first time. That is your
latest news fix. We'll be back with the next update
tomorrow morning from the News Talk ZDB newsroom
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