Morning Edition: 27 November 2025

The Morning Edition of News Fix for 27 November 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

Speaker 1 (00:04):
Good morning, I never ready Manu, and this is your
morning news fix for Thursday, twenty seventh of November. In
this update, the Reserve Bank's Assistant governor says banks could
cut interest rates further if they want to. The Central
Banks dropped the official cash rate twenty five basis points
to two point twenty five percent in what may be
the last cut of the current cycle. Mortgage rates have

(00:26):
been falling significantly and bank markups have returned to normal levels.
While most banks have already priced in current OCR cuts,
Karen Silk says they could still offer lower rates if
they want to. She says margins are healthy and banks
definitely have room to compete for customers. Northland businesses are
taking class action against Transpower and its Lines maintenance contractor

(00:50):
over widespread power outages. In June last year, a pylon
fell in Glorate, north of Helensville, cutting power to almost
the entire Northland region. An investigation found a relatively inexperienced
and inadequately supervised Omexom worker removed nuts from three of
the pylon's four legs. Law firms Lee Salmon, Long and

(01:11):
Piper Aldermen are leading the opt out class action against
the companies, with backing from Omni Bridgeway. Piper Alderman partner
Hannah Brown says that this outage was entirely preventable and
those responsible should be held to account. The Herald can
reveal a group of survivors of torture at Lake Alice
Hospital will receive redress payments ranging between one hundred and

(01:34):
sixty and six hundred thousand dollars. Last year, a Royal
Commission of Inquiry outlined widespread abuse in state and faith
based institutions over seventy years. A newly released report by
independent arbiter Paul Davison k C assesses the accounts of
thirty seven survivors. The group has opted for an independent
review of their cases. Rather than immediate one hundred and

(01:57):
fifty thousand dollar payment offered by the government, Davison has
allocated redress payments based on the relative severity of the
torture they experienced. The government's move to inject billions into
Auckland's Devonport Naval base and other defense infrastructure is expected
to boost morale in the force. Deputy Chief of Navy
Commodore Carl Woodhead says sailors want to know the nations

(02:19):
as committed to them as they are to it. A
number of debts and injuries of being reported in Hong Kong,
where a fire has been burning through multiple high rise
apartment buildings. The complex in the Taipaul district is home
to thousands of people, many of them elderly. Oyster farmers
working the Mahudangi River north of Auckland have been doubt

(02:40):
another blow last Wednesday, there was a spill from Warkworth's
Elizabeth Street overflow point. It follows the largest spill of
the year just three weeks ago. Mahoudangy Oyster Farmer's Association
president Lynnette Dunn says frequent spills this year have damaged
their reputation. In sport three times was Grand Slam Singles

(03:00):
Tennis champion Stan Vavrinka will play next year's ASB Classic
for the first time since two thousand and seven. South
Africa have beaten India by four hundred and eight runs
on the fifth day of the second cricket Test in
Kuwahati to complete a two nil series sweep. Former Black
Caps coach John Bracewell believes India is poised to establish

(03:21):
global control of t twenty franchise leagues in conjunction with
the international game because of the entrepreneur's ability to buy
teams as well as players. I'm Nevaretti, Manu the you
latest news fax. We'll be back with the next update
at midday from the news doalg ZB newsroom