Midday Report

For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital. Audio

The biggest local oil and gas explorer, New Zealand Oil & Gas, plans to delist from the Australian Stock Exchange, but will continue trading on the NZX as usual. Audio

The technology manufacturer, Rakon, has become a cornerstone shareholder in Australia's Thinxtra, a communications network technology company. Audio

Employees have started the year with an upbeat tone, with optimism about the labour market. Audio

New Zealand has been named as a significant base for trusts used by overseas individuals to hide their business dealings for tax or other reasons. Audio

Serco is ordered to pay millions for its mismanagement of Mt Eden prison; There's concern that New Zealand is being used by the world's elite to hide wealth and avoid tax. Audio

News from the rural and farming sectors. Audio

Lydia Ko makes a solid start to the first major of the year. Audio

In other business news... Kiwi Property says its retail and office property portfolio has risen by 7 percent. Audio

For the latest from the markets we're joined by Brad Gordon at Macquarie Private Wealth. Audio

Over to Australia now... and ANZ Banking Group's recent warning about escalating bad debts has thrown a spotlight on valuations in the heavyweight banking sector. Audio

Sir Ron Brierley's takeover bid for the former Wellington retailer, Kirkcaldie & Stains, has met resistence as the board recommends shareholders reject the offer. Audio