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Over in the UK, inflation has dropped to 2.3 percent, the lowest in 3 years. It heaps pressure on the Bank of England to cut high interest rates - and gives the Government a welcome boost. UK correspondent Gavin Grey says this drop is significant - but it's not as low as predicted. LISTEN ABOVE See omnystudio.com/listener for privacy information.…
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Tonight on the Huddle, journalist Clare de Lore and Jack Tame from ZB's Saturday Mornings and Q&A joined in on a discussion about the following issues of the day - and more! Te Pati Māori managed to raise a few eyebrows over their comments about Children's Minister Karen Chhour, with the party accusing her of having disdain for her own people. Was …
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Experts say Gentrack is well placed to capture the opportunities created by changes to the utilities and airport sectors. A surging Gentrack gave the New Zealand sharemarket and the company reporting season a positive tone with strong revenue growth and an earnings upgrade. Milford Asset Management's Jeremy Hutton explains Gentrack's financial grow…
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The Reserve Bank left the OCR unchanged today - but people may have to hold out for rate cuts. RBNZ Governor Adrian Orr revealed the bank considered hiking rates past 5.5 percent, and there's still scope for a potential hike this year. The committee also pushed out its projected timeframe for its first OCR cut from mid-2025 to around September 2025…
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Te Pati Māori managed to raise a few eyebrows over their comments about the Children's Minister. Karen Chhour's bill to remove section 7AA from the Oranga Tamariki Act passed its first reading yesterday. Responding to the Bill, Te Pati Māori has said since Chhour was raised by Pakeha, she has a disconnection and a disdain for her own people. ZB sen…
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Fireworks as the defence wraps up in Donald Trump's hush money case. The former president is facing charges of falsifying business documents after allegedly paying off porn star Stormy Daniels. Trump's decided not to take the stand, and jurors will now prepare for deliberations. US correspondent Dan Mitchinson says unless any significant news break…
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New Zealand Rugby Players' Association boss Rob Nichol has lambasted the provincial unions' proposal for governance reform, which will be voted on at next week's special general meeting. The body have threatened to divorce New Zealand Rugby if that option is selected. Sportstalk host D'Arcy Waldegrave explains further. LISTEN ABOVE See omnystudio.c…
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On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 22 May 2024, the Reserve Bank has delivered a "hawkish shock" today. Kiwibank Chief Economist tells Heather the RBNZ even considered hiking the Official Cash Rate, with cuts now further into the distance. Children's Minister Karen Chhour is hitting back at Te Pati Maori which qu…
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One expert has warned flights with severe turbulence could become more common, due to climate change. Overnight, one person was killed and several were injured after a Singapore Airlines flight hit turbulence and descended 1,800 meters in three minutes. Former airline pilot and safety consultant Doug Moss says clear air turbulence is difficult to d…
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One former International Criminal Court prosecutor says the US was 'out of line' by attacking the court for seeking arrest warrants for Israel's PM. The ICC's is looking to get an arrest warrant for Prime Minister Benjamin Netanyahu and Defence Minister Yoav Gallant. Sir Geoffrey Nice says the US is 'very unwise' to oppose the actions of the Court.…
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The Government says scrapping the First Home Grant scheme is another example of tough decisions it has to make this Budget. It has also announced $140 million in new funding for 1500 new social housing places. Housing Minister Chris Bishop says everyone sympathises with first home buyers, but they have to focus on a more vulnerable group of people.…
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The Children's Minister says the word racism is chucked around too much in Parliament. A Bill by Karen Chhour that removes some Treaty obligations from the Oranga Tamariki Act passed its first reading yesterday. It's prompted fiery and emotional speeches in the House, and Labour's Children's Spokesperson called Chhour a 'sell out'. On social media,…
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The founder of I Am Hope says every cent of a funding boost will go into mental health counsellors. The Government has announced the Budget will include $24 million going into Mike King's Gumboot Friday initiative over four years. It gives under-25s free counselling. King says kids often take on the stress of adults around them. "It's huge for the …
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Now, on this decision by the Government to cut the First Home Buyers Grant in order to put the money into social housing instead- I've got to be honest, on principle, it's not the kind of thing I love. Because I'd personally much rather the Government give a helping hand to Kiwis trying to do the right thing rather than constantly bailing out the d…
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An economist says there's a risk the Reserve Bank won't cut the OCR until next year. It's kept the Official Cash Rate at 5.5 percent today, unchanged over a year with seven consecutive holds. Kiwibank's, Jarrod Kerr says there is worry it won't be cut until February. However, his bank's outlook remains the same. "Our forecast has inflation dropping…
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The New Zealand Rugby Players' Association have outlined a plan to replace the governing body if the vote at next week's special general meeting goes against them. Last year's independent review formed the basis of a proposal to overhaul the governance structure. Canterbury Rugby chair Pete Winchester says this eleventh-hour update is likely to gal…
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It's been predicted over £10 billion could be given to the victims impacted by Britain's infected blood scandal. More than 30,000 people received infected blood and products in the 1970s and 80s, from the state-funded National Health Service. 3,000 people died, and thousands more contracted hepatitis or HIV. UK correspondent Enda Brady says Prime M…
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The chief prosecutor of the International Criminal Court has applied for arrest warrants against Israeli Prime Minister Benjamin Netanyahu and top Hamas leaders. Prosecutor Karim Khan says these warrants have been put forward for alleged crimes committed during the Hamas-led October 7 attack and the subsequent war on Gaza. Geopolitical analyst Geof…
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Fonterra CEO Miles Hurrell says his phone's been 'running hot' following last week’s announcement. Fonterra plans to divest its consumer businesses, including Anchor and Mainland - overseas operations Fonterra Oceania and Fonterra Sri Lanka. The Country's Jamie Mackay reveals which investors have been expressing interest. LISTEN ABOVE See omnystudi…
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All eyes are on the Reserve Bank, ahead of tomorrow's OCR update. The RBNZ is predicted to hold the cash rate steady at 5.5 percent - potentially marking a full year since the last rate change. Infometrics principal economist Brad Olsen predicts the new forecast hasn't moved since February. LISTEN ABOVE See omnystudio.com/listener for privacy infor…
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National's David MacLeod has admitted to making a high-profile slip-up. Macleod has lost his select committee roles for failing to declare 19 candidate donations, worth $168,000. He says he mistakenly believed those 2022 donations were already logged. ZB senior political correspondent Barry Soper says this could set MacLeod's political career back.…
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Over in Australia, Northern Territory police could soon enact more snap curfews under new legislation. The 'Police Administration Bill' gives the Police Commissioner the ability to implement three-day curfews in the region. Australian correspondent Murray Olds says this comes off the back of a 'successful' three week curfew for minors in Alice Spri…
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The Warriors have welcomed back some injured players ahead of their clash against the Dolphins at Mt Smart this weekend. Marata Niukore, Rocco Berry, Freddy Lussick and Te Maire Martin and Charnze Nicoll-Klokstad are some of the names confirmed to play on Sunday's match. Sportstalk host D'Arcy Waldegrave explains further. LISTEN ABOVE See omnystudi…
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On the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday, 21 May 2024, the Defence Force has begun its rescue mission of Kiwis stuck in New Caledonia. Foreign Minister Winston Peters tells Heather why French authorities have been so reluctant to let them in. Can you smoke a spliff on the weekend and drive the next day? Transport Minister…
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Tonight on The Huddle, Nick Mills from ZB's Wellington Mornings and government relations consultant Kaine Thompson joined in on a discussion about the following issues of the day - and more! The Government has confirmed they plan to roll out roadside drug testing later this year, allowing police to randomly screen drivers to crack down on drug-driv…
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