Midday Report

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

The country is to get a second undesea cable link to the UNited States with the backers of the Hawaiki internet cable saying they have secured the money to go ahead with the project. Audio

The government is asked to offer help to those caught up in holiday pay problems; A lack of resources may stymie a flagship project for at-risk children. Audio

News from the rural and farming sectors. Audio

Christchurch Airport is to build a 200-room four-and-a-half star hotel near its main terminal. Audio

The New Zealand cricket captain Kane Williamson says the Black Caps bowling attack developed as a unit during the World T20. Audio