July 25, 2025 • 3 mins
The Midday Edition of News Fix for 26 July 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):
No the news talk sadby newsroom, this is newsfacs. In
this update, international payment business Wise wants more transparency on
foreign transactions, revealing they cost US hundreds of millions each year.
Research commission by Wise shows hidden payment fees cost New
Zealand consumers a total of six hundred and sixty seven
(00:24):
million dollars in twenty twenty three. It also shows the
actual costs of international transactions is hidden in the exchange
rate markup. Country manager Tristan Dakins says, at the moment
this is completely legal. We see there's a big problem.
It's a huge financial drain and unfortunately these financial impacts
are on everyday news Yanders. The stage is set as
(00:48):
Mount rope Who offers top to bottom skiing across the
mountain for the first time this season. Both Focker Popper
and Turoa are opening its main lifts this weekend after
a window of perfect snowmaking conditions. Both ski fields are
thrilled to get the twenty twenty five season underway after
a rocky few years with minimal snow. Rupe Who District
(01:08):
Mayor Western Curtains says big crowds are expected, which is
fantastic for everyone. He says from a community perspective, it's
very exciting and he hopes the economy will build from that.
The South Island seems to be outperforming the North as
we crawl our way out of a recession. Kiwi Bang's
latest report reveals economic activities picking up across most of
(01:31):
the country, but recovery remains fragile. It suggests booms in
agriculture and tourism have aided recovery in places like Otago
and Southland, but chief economist Jared Kurr says moves towards
growth stimulating policy should help major cities like Auckland and
Wellington catch up. As that happens, we'll see her the
(01:51):
strength springing out into the regions and the whole economy
will start bouncing back, hope. In twenty twenty six, fire
crews have spent the morning battling a fire amongst a
series of buildings airmarked for demolition in North Auckland. Fire
and emergency were called to the old Massi University campus
on Eastbourne Road just before seven this morning. The fire
(02:13):
is now under control. That's news. In sports, a mixed
reaction from Len Lawson after qualifying eleventh for tonight's sprint
race it formerly one's Belgian Grand Prix. The Gimi driver
admits there's a hint of frustration after missing the third
and final phase of qualifying by just two point zero
four of a second. It's just small margins, which is
(02:33):
crazy around here because it's such a long lap. So yeah,
I think I has been fast. Was on a lap
there was probably plenty good enough, but had a small
issue in the lastcher cane and it's just tiny things
that make a difference. Championship leader Oscar piastre claimed pole position.
Long time England teammate Oli Pope is backing Joe Route
to go after one of cricket's biggest records. Roots hit
(02:54):
one hundred and fifty on the third day of the
Fourth Test against India to jump into second on the
all time Test run scorers' list. Golfer Steve Alcott slipped
down the leaderboard to be four shots off the pace
after a three over past second round at the Senior
Open in England. That sport. I'm Sandy Hodge. For more news,
(03:15):
listen to News Talk said Be Live on iHeartRadio.
No the news talk sadby newsroom, this is newsfacs. In
this update, international payment business Wise wants more transparency on
foreign transactions, revealing they cost US hundreds of millions each year.
Research commission by Wise shows hidden payment fees cost New
Zealand consumers a total of six hundred and sixty seven
(00:24):
million dollars in twenty twenty three. It also shows the
actual costs of international transactions is hidden in the exchange
rate markup. Country manager Tristan Dakins says, at the moment
this is completely legal. We see there's a big problem.
It's a huge financial drain and unfortunately these financial impacts
are on everyday news Yanders. The stage is set as
(00:48):
Mount rope Who offers top to bottom skiing across the
mountain for the first time this season. Both Focker Popper
and Turoa are opening its main lifts this weekend after
a window of perfect snowmaking conditions. Both ski fields are
thrilled to get the twenty twenty five season underway after
a rocky few years with minimal snow. Rupe Who District
(01:08):
Mayor Western Curtains says big crowds are expected, which is
fantastic for everyone. He says from a community perspective, it's
very exciting and he hopes the economy will build from that.
The South Island seems to be outperforming the North as
we crawl our way out of a recession. Kiwi Bang's
latest report reveals economic activities picking up across most of
(01:31):
the country, but recovery remains fragile. It suggests booms in
agriculture and tourism have aided recovery in places like Otago
and Southland, but chief economist Jared Kurr says moves towards
growth stimulating policy should help major cities like Auckland and
Wellington catch up. As that happens, we'll see her the
(01:51):
strength springing out into the regions and the whole economy
will start bouncing back, hope. In twenty twenty six, fire
crews have spent the morning battling a fire amongst a
series of buildings airmarked for demolition in North Auckland. Fire
and emergency were called to the old Massi University campus
on Eastbourne Road just before seven this morning. The fire
(02:13):
is now under control. That's news. In sports, a mixed
reaction from Len Lawson after qualifying eleventh for tonight's sprint
race it formerly one's Belgian Grand Prix. The Gimi driver
admits there's a hint of frustration after missing the third
and final phase of qualifying by just two point zero
four of a second. It's just small margins, which is
(02:33):
crazy around here because it's such a long lap. So yeah,
I think I has been fast. Was on a lap
there was probably plenty good enough, but had a small
issue in the lastcher cane and it's just tiny things
that make a difference. Championship leader Oscar piastre claimed pole position.
Long time England teammate Oli Pope is backing Joe Route
to go after one of cricket's biggest records. Roots hit
(02:54):
one hundred and fifty on the third day of the
Fourth Test against India to jump into second on the
all time Test run scorers' list. Golfer Steve Alcott slipped
down the leaderboard to be four shots off the pace
after a three over past second round at the Senior
Open in England. That sport. I'm Sandy Hodge. For more news,
(03:15):
listen to News Talk said Be Live on iHeartRadio.
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