Episode Transcript
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Speaker 1 (00:04):
Good morning. I'm never ready, Manu, and this is your
morning news fix for Thursday, twenty ninth of May. In
this update, the time of holding out for a lower
interest rate may soon be over. The Reserve banks cut
the official cash rate twenty five basis points to three
point twenty five percent and is now forecasting it will
(00:24):
reach a low of two point nine percent in December.
Many households are currently on floating or six month fixed
term interest rates, but Assistant Governor Karen Silk says that
situation is likely to change in the coming months. Our expectation,
and we're already starting to see it, is that we'll
see homeowners start to move back into that one and
two year level. And as that happens, I think that's
(00:46):
where you'll start to see and settle. The vocational ministers
blaming the nightmare of National Polytech tepul Kinga for the
lagging number of international students. Post COVID data shows there
are about seventy five thousand national students in New Zealand
last year, down from one hundred and twenty five twenty sixteen.
Penny Simmons told Ryan Bridge the last government made a
(01:09):
mistake by centralizing politics as nobody knew what it was overseas.
Speaker 2 (01:14):
Whether you're offering courses and in Vocagul or Auckland, you
had to have the same price opened. Numbers have come
back a little quicker, but certainly the regions say just
haven't come back at all.
Speaker 1 (01:25):
Tepukinga will be disestablished by January. More people are reporting
sexual assault to the police. The Ministry of Justice Key
Stories report shows assaults themselves they remained steady, but the
number of reported assaults has increased from seven percent to
thirty two percent. The report analyzes data from the Crime
(01:46):
and Victim Survey. Ministry General Manager of Sector Insights Rebecca
Parrish says more awareness of the issue is likely the
reason why.
Speaker 2 (01:54):
Obviously being quite a lot of campaigns like them in
two movements. The White Ribbon campaign can also just given
the reporting on some quite high profile cases.
Speaker 1 (02:04):
At the same time, burglaries have fallen in the past
seven years and no decisions been made on who will
replace former Deputy Police Commissioner Jevin mcskimming. The recruitment process
for a new Deputy Police Commissioner could take four to
six months. Mike Pannett and Jill Rogers are thought to
be front runners for the role. Businesses are said to
(02:25):
be scared to speak out about high energy prices due
to the risk of retaliation from power companies. Auckland Business
Chamber chair Simon Bridges says it's a troubling insight and
points to serious issues with the way market power is
being exercised. Energy Minister Simon Watts sees it as disappointing,
but says he hasn't heard those concerns directly. It comes
(02:48):
after a survey from the Chambers of Commerce Network which
found eighty eight percent of respondents have seen an increase
in energy costs in the past year. In sport, New
South Wales have won the opening State of Origin League
match eighteen six over Queensland and Brisbane. Egoshfiontek has advanced
to the third round at Rolin Garross and Herbert to
(03:10):
become the first woman in the Open Tennis era to
win four straight majors on clay. Zag del Toro has
extended his advantage in Cycling's Zero Datalia from twenty six
to forty one seconds after winning the seventeenth stage a
one hundred and fifty five kilometre Mountainous League by four seconds.
Four stages remain. I'm Nevaretti Manu that your latest news
(03:33):
FOKS will be back with the next update at midday
From the newstalk ZB news room