Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:04):
Good morning, I'm never ready, Manu, and this is your
morning news fix for Monday, twenty fourth of November. In
this update, National's first election promise could make life more
difficult for small businesses. Leader Christopher Luxen wants workers and
employers to lift their default kei we saver contributions each
to six percent by twenty thirty two. Small Business Voice
(00:27):
managing director Max Whitehead says the policy ignores the difficulties
many small businesses are facing trying to stay afloat at
the moment. Says it's basically another tax on businesses. Whitehead
says this will only add to their problems when many
are closing their doors. Our one hundred and twenty three
MP's owner combined three hundred and seventy nine million dollars
(00:50):
worth of property. Our newsrooms found National MPs dominated the
property rich list, Ringy Tekes Sue's Redmain leading the charge
with a twenty four point three million dollar portfolio. Christopher
Luxen's second on the podium with fifteen point two million
dollars worth of property. AX PALMJ. Palmer is fifth. New
(01:11):
Zealand First's top showing is Winston Peters at eleventh. Then
Labour's Willie Jackson comes in at seventeenth. Counter Proposals to
the USPA's plan for Russia's invasion of Ukraine are emerging
as European, US and Ukrainian officials hash out discussions in Switzerland.
Russia's backing the twenty eight point plan, which would include
(01:32):
Ukraine seeding territory and did chefforts to join NATO. US
President Donald Trump's accusing Ukrainian leaders of showing zero gratitude
over US peace efforts. Europe is pushing the US to
give a stronger security guarantee for Ukraine, similar to a
NATO one. MSD officials have warned the government benefit changes
(01:53):
could lead to increased demand on food banks. In November
next year, job seeker eligibility changing so eighteen and nineteen
year olds is subject to a parental income test in
order to prevent people from staying in a cycle of welfare.
The steep insurance price hikes we've been seeing in recent
decades now appear to be over the average quote for
(02:16):
one house, one contents, and one comprehensive car policy on
insurance comparison website Quashed has increased just two percent in
the past year, but Kiwis are still paying more than
a third more for insurance now than there were three
years ago. Billions are at stake for small businesses this
holiday season of buyers shop elsewhere. Accounting Service zero reveals
(02:39):
eleven billion dollars could into our small business sector if
consumers move just ten percent of their spending away from
big business. The urging shoppers to choose locally as Black
Friday and Christmas approach retail ends in Chief Executive Carolyn
Young says larger offshore providers can lag in product quality,
and she says at local vendors must comply with the
(03:01):
Trading Act, consumer guarantees and safety standards. In sport, Formula
one's World Championship has been reignited after both McLaren cars
were disqualified from the Las Vegas Grand Prix due to
technical infringements. Race winner Max fished up and remains within
striking distance of the title with two races left. Cricket
(03:21):
Australia is facing an estimated three million dollar loss from
the two day Ashes opener in Perth due to miss
ticket revenue. All Blacks Forwards coach Jason Ryan accepts questions
will be asked of where his side sits two years
from rugby's World Cup after a ten to win three
loss season. I'm never atty Manu that your latest news
(03:43):
fix will be back, with the next update at midday
from the newstalk zb newsroom