Afternoon Edition: 06 May 2026

The Afternoon Edition of News Fix for 06 May 2026, straight from the Newstalk ZB newsroom - bringing you everything you need to know in news, politics, business, entertainment and sport.

See omnystudio.com/listener for privacy information.

Episode Transcript

Speaker 1 (00:02):
Good afternoon. I'm railing Ramsey. This is your afternoon news
fixed for Wednesday, the sixth of May. Acts welcoming the
death of the Broadcasting Standards Authority, but wants the government
to move quickly. The Media and Communications Minister today announce
the regulator is unfit for a modern media environment and

(00:22):
will be scrapped. Acts. Laura McClure says it's long overdue
and the government needs to pass legislation.

Speaker 2 (00:29):
It's about time. I've been advocating and pushing for this
for the last even months. Get taken the government a
little bit of time to read the room and get
on board.

Speaker 1 (00:38):
Finding a job now is probably harder than at the
start of the year. Stads en Z data shows the
unemployment rate dips lightly in the March quarter to five
point three percent, but it's expected to continue rising throughout
twenty twenty six as businesses deal with costs and uncertainty
spurred by the Iran War. The Herald's Liam Dan says

(00:58):
most businesses aren't cutting staff, but many are putting off
creating new jobs. As a business was thinking about expansion
and all that sort of stuff, they probably put things
on hold for a few months to see what happens,
I guess. Meanwhile, the reserved banks confident our banks can
weather any storms from the Iran war. Its latest financial
stability report agrees we face significant impacts. Governor Arna Breman

(01:24):
says banks would be resilient even if unemployment was ten
and a half percent, GDP contracted six point five percent
and house prices fell thirty five percent, but she says
such severity is extremely unlikely. He says a considerably more
severe scenario than we are expecting from their current situation.

(01:45):
A man and his wife are facing home detention and
tens of thousands and fines for importing prohibited goods.

Speaker 2 (01:52):
Marcus Allen reports their company Kaiyuan three sixty five Limited
imported thousands of illegal items from China from late twenty
twenty two to early twenty twenty five that included knives, bayonets,
cannabis and methanphetamine, utensils, knuckle dusters, and military style air guns.
The company has been fined forty five thousand dollars and

(02:13):
the wife must pay a twelve hundred dollar fine. The
fifty year.

Speaker 1 (02:16):
Old mans received five months home detention. Concerns about AI
replacing paid arts sector roles could be misplaced and MASSA
university study has looked into the current use and impacts
of using AI canvassing industry representatives. Lead researcher Dave Carter
says although people worry AI could take jobs, none could

(02:38):
name any examples. It is as many people see it
as a time saver instead.

Speaker 2 (02:43):
I don't mean what happened in the future, but at
the moment those folk are concerned with using a tool
and changing the type of work that the people are
paying do.

Speaker 1 (02:51):
The Crusaders horses have been spotted trotting out at christ
Church's new One end Z Stadium. There was wide backlash
over the decision to retire the iconic equines because of
space issues at Takaha. A Crusader spokesperson says this was
a first physical test and in more sport. The Hurricanes

(03:12):
will be with ut Camroy guard for the run up
to the Super Rugby playoffs. Your Blacks halfback has suffered
a calf strain in sideline for three to four weeks,
meaning he could miss the rest of the regular season. Meanwhile,
Blues coach Vancotta has retained Sam Knock and Stephen Peulfetta
nine to ten for their visit to the Crusaders on

(03:33):
Friday night wins on home court for the Oklahoma City
Thunder and Detroit Pistons to start their respective NBA semi
Finals series. That's your latest news fix, and we'll have
another update for you tomorrow morning from the news Talk
Seed b Newsroom