Episode Transcript
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Speaker 1 (00:04):
Good morning, I'm never reatymnu and this is your morning
news fix for Wednesday, twenty fourth of September and this update.
Energy issues are weighing on the minds of business leaders.
The Herald's annual Mood of the Boardroom survey shows they're
less optimistic about the economy than they were a year ago.
Rising energy prices are the biggest domestic concern, ahead of
(00:26):
issues like inflation, infrastructure, government policy, and cyber threats. General
geopolitical volatility is the biggest international worry, ahead of the
specific factors like US China tariffs and US tariffs concerns.
Changes around leaven title wins could see workers encouraged to
take cash instead of holidays. The replacement of the Holidays
(00:49):
Act will zee a raft of changes, including flexibility of
being able to take only the hours needed off work
rather than a full day. There will also be more
flexibility for workers to cash up leave if they have
a large balance. Workers First Union General Secretary Dennis Marger
says many businesses could exploit workers to take the money
(01:10):
over annual leave, especially with these tough economic conditions. He
says they want workers to take leave and rest. Donald
Trump has used as UEN addressed to say recognizing a
Palestinian state rewards her mass. Britain and France have formally
recognized the state, joining the likes of Australia and Canada.
(01:30):
Trump has lashed out at many nations during his speech
at the UN General Assembly, touching on climate change, immigration
and global conflicts. He says the act of YUI members
to recognize Palestine encourages continued conflict in the Middle East.
Instead of giving in to Homas's ransom demands, those who
want peace should be united with one message, release the
(01:54):
hostages now. Foreign Minister Winston Peters is also in New
York and will tell the UEN on set today morning
what our approach to a Palestine state is. The government's
being urged to let the Reserve Bank do its job
without interference. It's set to announce the new governor of
the Central Bank this afternoon. Oliver Hartwich, the executive director
(02:14):
of the New Zealand Initiative business think tank, says the
Reserve Bank needs to maintain its independence and remain focused
on addressing inflation. He says government politicians also need to
let the Central Bank do their job job seek as
a continuing to feel the impact of the weaker economy
and labor market when it comes to the salaries they're
(02:34):
being offered. Latest data from job websites Seek shows advertised
salaries have risen just two percent in the past year.
That's well below the rate of inflation and is a
stark contrast to the five point one percent rise in
salaries recorded in the same period two years earlier. Seek
New Zealand manager Rob Clark says it's a reflection of
(02:56):
lower demand for labor as we have seen for the
last eighteen months to two years. It's just been a
slow decline in the growth rate of every cellarists which
have increased, but just at a slowing rate. In sport,
Naomi Osaka will return to the ASB Tennis Classic next
year and what she hopes is another crack at bungee
jumping off Auckland Sky Tower. Her tournament debut in January
(03:18):
ended when she retired injured from the final. While upper
set England will come to Australia with a six prong
battery of pace bowlers in a sixteen strong squad as
they attempt to regain cricket sashes. Harold Dickey bird, one
of cricket's most famous umpires has died aged ninety two.
He stood in sixty six Tests and featured in three
(03:40):
World Cup finals. I'm never retty, Manu, and that your
latest news fix. We'll be back with the next update
at midday from the newstalk ZB newsroom