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Midday Report for Tuesday 23 August 2016
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Midday Rural News for 23 August 2016
12:35 PM.News from the rural and farming sectors. Audio
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Midday Sports News for 23 August 2016
12:26 PM.The All Blacks hooker Dane Coles is confident the squad's replacement players will be up to speed with the team's fast paced game plan come Saturday's test against the Wallabies in Wellington. Audio
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Business briefs
12:25 PM.The property investor, Kiwi Property Group, is offering up to 75- million of 7-year fixed rate bonds, with discretion to offer up to 50 million dollars more in oversubscriptions. Audio
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Midday Markets for 23 August 2016
12:23 PM.For the latest from the markets we're joined by Brad Gordon from Macquarie Private Wealth. Audio
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RBNZ governor points to another rate cut, defends policy stance
12:22 PM.As you may have heard in the news, another interest rate cut looks likely after the governor of the Reserve Bank mounted a strong defence of policy and the way he's implementing it. Audio
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Comvita reports steady profit
12:21 PM.The natural foods and honey producer, Comvita, has reported a steady profit of 18-point-5 million dollars on the back of rising demand from China and Australia. Audio
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Fliway reports stronger full-year result despite challenges
12:21 PM.The share price of the freight transport company, Fliway, rose almost 15 percent this morning following a doubling of its annual profit. Audio
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Refining New Zealand half-year profit slides
12:20 PM.The operator of the Marsden Point oil refinery has had a sharp fall in first half profit, because of lower margins and an oversupply of fuel products. Audio
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Tourism Holdings reports record result
12:18 PM.The campervan rental company, Tourism Holdings, has reported a record result, off the back of a booming tourism market and growth overseas. Audio
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Mercury's FY profit beats expectations
12:17 PM.Mercury, formerly known as Mighty River Power, has reported a strong annual profit ahead of market expectations, reflecting better operating earnings. Audio
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Midday News for 23 August 2016
12:00 PM.Auckland businessman William Yan will pay out 43-million dollars over money laundering claims and health authorities begin testing for the new threat to Havelock North's water. Audio