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Morning Report for Thursday 26 February 2015
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Top Stories for Thursday 26 February 2015
6:00 AM.Baby formula exporters are crying foul, they say they're being pushed out of business as China sets up formula plants here. Early childhood centres say new food safety regulations are another bit of… Read more Audio
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Paid parental bill fails...kind of
6:10 AM.Allegations of political betrayal and deception were levelled in Parliament last night as the Government killed off a bill that would have given new parents in exceptional circumstances more time off… Read more Audio
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Morning Rural News for 26 February 2015
6:19 AM.News from the rural and farming sector. Audio
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Blood found on ceiling, walls, hallway, of Lundy home
6:23 AM.Graphic details of blood at the Lundys' home being found on the ceiling, walls, hallway, spare room and even as far as the kitchen sink was presented in the High Court in Wellington yesterday. Audio
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Te Manu Korihi News for 26 February 2015
6:26 AM.A former Maori Language Commissioner is blaming some iwi for the loss of the Maori language; A Whanganui sports organisation has added the letter 'h' to its name, saying the change reflects the… Read more Audio
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Chinese investment in NZ is bigger then expected
6:39 AM.A Wall Street Journal correspondent who was in New Zealand this month says Chinese investment here appears much larger than the figures indicate. Audio
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Australia considering hefty new fees for foreign home buyers
6:41 AM.Foreign investors buying Australian houses or businesses may be hit with hefty new fees. Audio
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Xero shares jump on capital raising, appointment of new US head
6:46 AM.Xero shares leapt as much as 27 percent yesterday after the accounting software company raised almost 150 million dollars and appointed a new head of its operations in the United States. Audio
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Air New Zealand plans a global expansion
6:49 AM.Air New Zealand will extend its presence globally, starting flights to Argentina from the end of the year. Audio
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Ebos has about $300m to make acquisitions
6:51 AM.Ebos has about 300 million dollars available to make further acquisitions without needing to raise more capital. Audio
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Precinct Properties seeks $174.1m to fund development plans
6:52 AM.Precinct Properties is seeking to raise 174 point 1 million dollars from shareholders to fund future developments. Audio
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A2 Milk says US launch won't spread its resources too thinly
6:54 AM.A2 Milk says it won't be spreading its resources too thinly when it launches in the United States in the fourth quarter of this year. Audio
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Wynyard Group full-year loss doubles
6:56 AM.Wynyard Group has almost doubled its annual loss, as it accelerated its growth plans. Audio
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Tourism Holdings on track for full-year net profit of $17m
6:57 AM.Tourism Holdings says it's on track to deliver a full-year profit of 17 million dollars, with strong demand to rent its campervans from international visitors. Audio
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Multinational companies in China struggle to recruit
6:58 AM.Multinational companies operating in China are struggling to recruit top executives. Audio
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Morning markets for 26 February 2015
6:59 AM.The Dow Jones Index is up 17 points to 18,226. Audio
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Chinese firms dominating NZ infant formula sector
7:11 AM.China is grabbing control of New Zealand's infant formula industry - halving the amount of exports and shutting smaller players out of the market, according to a group representing the exporters. Audio
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Challenging times for baby formula exporters.
7:14 AM.And, listening to that is the Honorary Professor of Agri-food systems at Lincoln University, Keith Woodford. Audio
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ECE groups see threat in food regulations
7:20 AM.Early childhood centres say new food safety regulations will force many of them to stop feeding children. Audio
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Labour's social development spokeswoman stood down
7:23 AM.It wasn't a good day for Labour yesterday with Labour's social development spokeswoman Carmel Sepuloni being stood down after it was revealed her mother is facing multiple charges of welfare fraud. Audio
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Buses replace train services between Wellington and Porirua
7:27 AM.Buses will replace train services between Wellington and Porirua this morning after a branch fell on overhead lines yesterday, causing major disruptions. Our reporter Paloma Migone has more on this… Read more Audio
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Queensland fruit fly bumps the Pasifika Festival from venue
7:29 AM.Auckland's fruit fly infestation has forced organisers to move The Pasifika Festival. Audio
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Report into codeine overdose angers father
7:37 AM.The father of a boy who was given 10 times the intended amount of codeine before routine surgery, is appalled those who made the error have not been punished. Audio
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Iraqi ambassador says NZ troops in Iraq will be safe
7:42 AM.The Iraqi Ambassador to New Zealand says he hopes New Zealand military trainers will be stationed in Iraq for months rather than years. Audio
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Tourism New Zealand should do more to help overseas drivers.
7:50 AM.Tourism New Zealand is defending the job it's doing in driving home the road safety message for to overseas visitors. Audio
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Haast residents frightened by tourist drivers
7:54 AM.People living on the South Island's west coast are so concerned about some of the driving by tourists that they're having to take matters into their own hands. Audio
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Wgtn city council proposes rates hike of 3.9%
7:57 AM.The Wellington City Council is proposing to raise rates and borrow more money to kickstart projects including a new film museum and a longer airport runway. Audio
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Infant Formula Exporters association
8:11 AM.China is grabbing control of New Zealand's infant formula industry - halving the amount of exports and shutting smaller players out of the market, according to a group representing the exporters. Audio
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Early childhood centres say lunches could go
8:16 AM.Early childhood centres say a tough new stance by food safety authorities means some could have to stop giving food to children. Audio
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Buses replace train services between Wellington and Porirua
8:21 AM.Train services from Porirua to the city have been replaced by bus services due to a branch over the track. Audio
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Iraqi ambassador happy NZ has committed troops
8:23 AM.The Iraqi Ambassador to New Zealand says he's happy New Zealand has committed military troops to Iraq to help in the fight against Islamic State. Audio
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Comparison of IS to Nazi Germany 'ludicrous'
8:27 AM.As fears grow for even more Christians possibly captured by Islamic State, the movement's comparisons with Nazi Germany or the Soviet Union are being watered down. Audio
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Markets Update for 26 February 2015
8:31 AM.A brief update of movements in the financial sector. Audio
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Paris drone mystery deepens with more sightings
8:36 AM.Drones have appeared over landmarks in central Paris for the second night running and police are no closer to knowing who is operating them. Audio
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Mobile phone harm study finds falling brain cancer in NZ.
8:40 AM.A New Zealand study has concluded that cellphone use does not not increase the risk of brain tumours. Audio
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Study shows cancer survival worse in NZ than Australia
8:43 AM.Another study has been published showing New Zealanders are more likely to die from cancer than Australians. Audio
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Te Manu Korihi News for 26 February 2015
8:49 AM.A guardian of the Maori pre-school movement says she's never known a time when Maori have been so disparate; A Whanganui sports organisation has added the letter 'h' to its name, saying the change… Read more Audio
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Farmers reliant on Opuha Dam take financial hit
8:52 AM.Farmers reliant on South Canterbury's Opuha irrigation scheme are set to take a big financial hit now that the tap has been turned off. Audio
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Christchurch public consider quake memorial options
8:55 AM.The husband of a woman who died in the CTV building during the February 2011 earthquake is encouraging the public to have their say on a memorial to honour the 185 people who lost their lives four… Read more Audio