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Midday Report for Wednesday 5 August 2015
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Midday News for 5 August 2015
12:00 PM.Children are rescued from a restaurant fire which killed three people. A bank forecasts mass job losses for Christchurch. Audio
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Unemployment edges up, while wages remain muted
12:17 PM.The labour market is starting to feel the effects of the slowing economy. Official figures show the pace of employment growth slowed, rising zero-point-3 percent to 2-point-36 million in the three… Read more Audio
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Contact Energy's share price leads other energy companies up
12:19 PM.Contact Energy's share price has bounced around following Origin Energy's sale of its 53 percent stake at 4-dollars-65 a share. Contact's share price hit a high of 5-dollars-10 this morning, before… Read more Audio
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A cut in forecast dairy payout certain this Friday - economist
12:21 PM.An economist says there's only one way Fonterra can go with its forecast payout to farmers this Friday - and that's down. Dairy prices plunged again in the latest global dairy auction, with the key… Read more Audio
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Intueri Education lowers full year profit forecast
12:24 PM.Intueri Education Group has lowered its forecast full year earnings by as much as 18 percent, due to lower demand for training and higher compliance costs. The vocational education provider says its… Read more Audio
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Two of Auckland Airport's senior managers resign
12:25 PM.Auckland Airport says two of its top senior managers have resigned following a review of the company's direction and strategy, which included executive remuneration. The chief executive of Auckland… Read more Audio
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Midday Markets for 5 August 2015
12:26 PM.For the latest from the markets we're joined by James Malden at Macquarie Private Wealth. Audio
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Midday Sports News for 5 August 2015
12:26 PM.New Zealand swimmer Lauren Boyle is honoured to swim alongside the best Audio
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Midday Rural News for 5 August 2015
12:35 PM.News from the rural and farming sectors. Audio