Morning Report for Wednesday 10 December 2014

8:56 AM.Shark cage diving is drawing tourists to the Southland Coastline but there's concern among locals that the thrill seeking activity is making sharks more aggressive. Audio

8:51 AM.The decision to introduce a Maori ward in New Plymouth seems destined to be overturned in a citizens-initiated referendum and Mayor Andrew Judd says he's already kissed his mayoral chains good-bye. Audio

8:49 AM.Fonterra has dropped its farmgate milk price forecast to 4 dollars 70 a kilo of milk solids. Audio

8:46 AM.The playwright, Helen Pearse-Otene, believes New Zealand does not understand the financial gains to be made from supporting tangata whenua; A member of the Iwi Chairs Forum says creating a single body… Read more Audio

8:44 AM.School guidance counsellors say they are battling huge workloads because more secondary school students are coming to them with increasingly serious problems. Audio

8:39 AM.Having earlier described it as a waste of money, the government's now inching toward the prospect of setting up a register of foreign property buyers. Audio

8:33 AM.A brief update of movements in the financial sector. Audio

8:29 AM.Thousands of residents living in homes made vulnerable to flooding and liquefaction by the Christchurch earthquakes will find out today how they'll be compensated. Audio

8:20 AM.The likely re-election of Japan's government is not expected to make it any easier to conclude a Pacific-wide trade deal. Audio

8:15 AM.Security expert Dr Paul Buchanan from 36th Parallel Assessments discusses a scathing report from the Senate Intelligence Committee which says the CIA routinely misled both the White House and Congress… Read more Audio

8:10 AM.The Finance Minister says he does not accept that inequality leads to poor economic growth. Audio

8:07 AM.An update from the team at RNZ Sport. Audio

7:55 AM.New Zealand's contingency plans in the event of a deep sea oil disaster have been shrugged off as 'laughable.' Audio

7:50 AM.As New Zealand's feeling the pressure to agree to an extradition treaty with China, the Law Commission says a complete overhaul of extradition laws is overdue. Audio

7:46 AM.Whanganui man Antony de Malmanche has spoken out from a Bali jail where he's in custody for allegedly smuggling drugs into the country. Audio

7:42 AM.An elderly couple is in Wellington Hospital after a home invasion in Waikanae on the Kapiti coast. Audio

7:40 AM.Fonterra is expected to lower its forecast milk payout for this season this morning. Audio

7:37 AM.Just two weeks after it was introduced, the government's new anti-terrorism legislation has passed its final reading. Audio

7:25 AM.A United States report into the CIA's controversial interrogation methods after the 9/11 attacks has found the techniques were not only ineffective, but their use was misrepresented to the government.

7:20 AM.Labour's finance spokesperson, Grant Robertson responds to OECD report. Audio

7:11 AM.It's long been claimed that inequality is unfair, now a new report says it makes us all poorer. Audio

7:07 AM.An update from the team at RNZ Sport. Audio

6:59 AM.Looking at the markets. Audio

6:58 AM.A significant fall in the price of fuel is giving New Zealander's more to spend on other things. Audio

6:57 AM.An analysis of traffic flows suggests the economy is still trying to grow at a faster pace than is sustainable, despite a flattening in November. Audio

6:55 AM.Trade Me says its purchase of some new booking software will make it easier for tenants and property managers to make arrangements to view its portfolio of rental properties. Audio

6:54 AM.NZX has appointed Craigs Investment Partners to become the market maker for its fast growing exchange traded funds business, otherwise known as E-T-Fs. Audio

6:51 AM.The Shippers Council says the best economic outcome for New Zealand ports is to have two container hubs in each of the main islands. Audio

6:48 AM.A large United States-based financial services company has taken a near 5-and-a-half percent stake in the accounting software firm, Xero. Audio

6:41 AM.The western world's leading thinktank the OECD says increasing inequality cost the New Zealand economy more than 10 percentage points between 1990 and 2010. Audio

6:28 AM.A member of the Iwi Chairs Forum says creating a single body to represent Maori at a national level would be 'mission impossible'; The playwright Helen Pearse-Otene believes New Zealand does not… Read more Audio

6:22 AM.News from the rural and farming sector. Audio

6:20 AM.A 10-year pact to address the Pacific region's chronic problems of poverty, slow economic growth, food security and youth unemployment was signed in Auckland last night. Audio

6:16 AM.The latest from the Pacific region. Audio

6:07 AM.An update from the team at RNZ Sport. Audio

6:00 AM.National's response to OECD report; Labour's take on inequality's effects; CIA report to show US tortured prisoners; Government's terrorist fighters legislation passes final reading; Fonterra expected… Read more Audio