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Episode Transcript
Good afternoon. I'm railing Ramsey. This is your afternoon news
fix for Monday, the twentieth of October. More progress on
government roads of national significance. The NZTA boards endorsing all
the investment cases. They include highway sections in Northland, Nelson,
Hamilton and Wellington and a second Mount Vic Tunnel. Political
(00:25):
reporter Ethan Griffiths has more.
Speaker 2 (00:27):
Ztas approved more than six hundred and seventy five million
dollars in funding for consent and design, investigation and early
works for the projects. More than five hundred and fifteen
million dollars is expected to be used to acquire local
property to let projects start.
Speaker 1 (00:43):
Inflation continues to be hardest on those with only just enough.
Inflation hit three percent in the year to September, driven
by higher costs for power rates, rents and food. The
heralds Liam Dan says those whose money goes mainly on
those essentials will have felt it more of.
Speaker 3 (00:59):
Your spending most of your income to just get by
week to week, and that's going on rent, booed power
and or rates that is going to be clearly higher.
Speaker 1 (01:09):
Labour's announced its first major election policy, keeping some details
under wraps. It's pitching a future fund to invest in
Kiwi businesses with an initial two hundred million dollar government
contribution and existing assets. Leader Chris Hipkins isn't confirming Witch assets.
Speaker 2 (01:26):
There is some.
Speaker 3 (01:27):
Commercial sensitivities involved. There's also a need to manage a
process to work alongside the people who would potentially be
affected by that.
Speaker 1 (01:35):
Finance spokesperson Barbara Edmond says they want the fund as
soon as possible.
Speaker 3 (01:39):
I'd make no apology for the fact that we have
to start somewhere, and I believe that this is one
way we can create a future where our families and
Kiwis want to stay here.
Speaker 1 (01:48):
Severe weather is wreaking havoc in the South, grounding some
Dunedin planes and closing roads. Orange TV rain warnings cover Westland,
Canterbury and Fieldland and strong wind warnings for Marlboro and Canterbury.
Slips have closed Westland's Heart Jackson Road. Met Services Lewis
Ferris says it's been windest in high spots. I've seen
(02:09):
gus get to around that one hundred and twenty kilometer
an our mark around Port Charma's deleed An Airport, even
at rocks for Airport around that one hundred and tenth
lower hour mark A and Z slamming the government excluding
its legal case from lending law changes. The government's accepting
Select Committee recommendations on the Credit Contracts and Consumer Finance
(02:30):
Amendment Bill. It means loan disclosure errors before and after
twenty nineteen will be dealt with the same ongoing court
cases will be exempt, Jordan Dunn.
Speaker 3 (02:41):
Reports, an z NZ CEO Antnia Watson says the carve
out is unfair and it's surprising MP's are okay with
a case going a hed under law recognized as bad.
She says it sits a poor president and asks what
happened to treating everyone equally under the law.
Speaker 1 (02:59):
Former Prime Minister Jim Bolger's funeral is being held at
his local church this week. A requiem mass will be
held at eleven am on Thursday at Our Lady of
Carpet Catholic Church in Sport. Lou Vincent has attributed a
positive reception from former teammates and cricket fans for helping
him re emerge in the sport after his life ban
(03:20):
for match fixing was overturned. Kiwi squash gun Paul Cole
is through to the round of sixteen at the US Open.
Reckons is now more chilled and adept at coping with
the pressures of top level squash. Coach Giancarlo Italiano has
revealed the Wellington Phoenix communal approach to goal scoring for
this A League season, saying if every attacker nets four
(03:43):
or five times, the next will have a great year.
That is your latest news fix. We'll be back with
the next update tomorrow morning from the news Talk zb newsroom.
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