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Midday Report for Friday 16 May 2014
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Midday Rural News for 16 May 2014
12:35 PM.News from the rural and farming sectors. Audio
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Midday Sports News for 16 May 2014
12:26 PM.More revelations surrounding former Black Cap Lou Vincent and match fixing emerge. Audio
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Midday Markets
12:24 PM.Don Lewthwaite at First NZ Capital with the latest from the markets. Audio
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Reserve Bank increases estimated impact of lending restrictions
12:21 PM.The Reserve Bank has published a paper saying that its restriction on lending to people with small deposits means house prices are 3.3 percentage points lower than they otherwise would have been. Audio
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Who is the tax man targeting for improved compliance?
12:19 PM.A tax specialist says it isn't clear who the Inland Revenue will be targetting with its extra funding to improve tax compliance. Audio
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Dropping anti-dumping tariffs probably won't hurt Fletchers
12:18 PM.An analyst says temporarily suspending anti-dumping duties on building products, including plasterboard, probably won't have much impact on Fletcher Building. Audio
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Goodman bidder says it won't offer more than 1.37b Aus dollar
12:17 PM.Goodman Fielder's third largest shareholder has raised its takeover offer to 1.37 billion Australian dollars and says it won't increase it further, unless a competing bid emerges. Audio
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Midday News for 16 May 2014
12:00 PM.A review of the Christchurch City Council's strategic assets says it could make about 1.4 billion dollars and Parliament remains under urgency to debate budget legislation. Audio