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Midday Report for Wednesday 18 November 2015
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Midday News for 18 November 2015
12:00 PM.The Minister says a report on homeless children is appalling and multiple deaths in Australian bushfires. Audio
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Banks lower forecast payout to dairy farmers
12:17 PM.Analysts' forecasts for milk payouts have been slashed after the third consecutive fall in Fonterra's latest global dairy auction. Audio
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Kiwi Property's first half net profit rises 51 percent
12:19 PM.Retail and office property investor and developer, Kiwi Property, says its first half net profit is up more than 51 percent, driven by solid rental income and lower borrowing costs. Audio
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Precinct Properties sees risks in rising construction costs
12:21 PM.The office and retail property developer, Precinct Properties, says it's well placed to increase returns to shareholders but it says its margins are under pressure from rising constructution costs. Audio
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Fletcher Building sees New Zealand driving financial strength
12:22 PM.The country's biggest listed company, Fletcher Building, says it's making its own luck in driving its earnings and that's coming from a comparatively strong New Zealand market. Audio
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Inflation expectations retreat
12:23 PM.Inflation expectations have weakened, but an economist says the Reserve Bank will hold off on lowering interest rates. Audio
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Midday Markets for 18 November 2015
12:24 PM.For the latest from the markets we're joined by James Grigor at Macquarie Private Wealth. Audio
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Midday Sports News for 18 November 2015
12:26 PM.Roger Federer has ended world tennis number one Novak Djokovic's 23-match winning streak with a 7-5 6-2 win over the the Serb, to book a semi-final berth at the ATP World Tour Finals in London. Audio
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