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Morning Report for Thursday 14 May 2015
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Top Stories for Thursday 14 May 2015
6:00 AM.Widespread doubt the Reserve Bank can do enough to dampen a rampant Auckland property market. Peter Gardner waits for Chinese judges to rule whether he's guilty of smuggling drugs and three hundred… Read more Audio
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Morning Rural News for 14 May 2015
6:24 AM.News from the rural and farming sector. Audio
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Te Manu Korihi News for 14 May 2015
6:28 AM.The Crown entity, Landcorp, is eager to go ahead with selling farms in Pukehina that had been at the centre of a Court of Appeal judgement that's found in its favour; The Maori Centre of Research… Read more Audio
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Labour says Reserve Bank taking housing crisis seriously
6:40 AM.The Labour Party says it's time the Government stepped in to deal with foreign property speculators Audio
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RBNZ wants to rein in Auckland's property investors
6:49 AM.The Reserve Bank says reining in property investors is critical in cooling Auckland's overheated housing market. Audio
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Bankers Association predicts LVRs will ease further
6:54 AM.Meanwhile, borrowers outside of Auckland do get a reprieve, with the existing 10 percent limit on new mortgage lending to potential borrowers with deposits of less than 20 percent rising to 15… Read more Audio
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Lobby groups urge the Govt to follow Australia
6:55 AM.Two lobby groups are urging the Government to follow its Australian counterpart. Audio
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Bank touting for business
6:56 AM.The world's second largest bank will be actively touting for New Zealand exporters' business when it fronts up to Export NZ's Go Global conference in Auckland today. Audio
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Trade Me Property Index shows 35% rise in 5 years
6:58 AM.Trade Me Property says the average asking price for houses has risen 35 percent in the past 5 years. Audio
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Morning markets for 14 May 2015
6:58 AM.Wall Street is mixed after flat retail data from the US in April. Audio
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30% deposit plans won't put off Akl investors
7:11 AM.House buyers in Auckland doubt the Reserve Bank's efforts to discourage property investors in the city will dampen prices. Audio
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Finance Minister welcomes steps to curb housing prices in Akl
7:14 AM.Listening to that was the Finance Minister, Bill English. Audio
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NZer in China awaits verdict on drug smuggling charges
7:21 AM.A young New Zealand man facing the death penalty in China had just five hours to put his case in his trial on drugs charges. Audio
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Traffic chaos as flooding hits north of Wellington
7:27 AM.It's commuter chaos on the Kapiti Coast north of Wellington today, with motorists describing 'massive deluges' which have caused slips and flooding and closed part of State Highway 1. Audio
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NZers living on Norfolk Island set to lose social benefits
7:34 AM.Three hundred New Zealanders living on Norfolk Island are about to lose their rights to social benefits. Audio
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Kiwis on Norfolk Island are feeling disenfranchised
7:38 AM.Geoff Bennett is a Kiwi who has lived on Norfolk Island for about 50 years. Audio
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More on traffic chaos as flooding hits north of Wellington
7:43 AM.Chris Reid is a producer at Radio New Zealand .. he is stuck just north of Paekakariki Audio
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Reduced opening hours for off-licenses in Akl
7:46 AM.A body that represents supermarket operators is considering appealing Auckland Council's draft Local Alcohol Policy. Audio
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Amtrak train crashes
7:48 AM.Rescue workers are sifting through the wreckage of the Amtrak train that derailed in Philadelphia. Audio
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Victim of Chch earthquake says design shows little empathy
7:56 AM.A woman who was badly injured in the February 2011 earthquake is critical of the proposed design of the Canterbury Earthquake Memorial. Audio
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Massive traffic disruption north of Wellington after flooding
8:11 AM.Walls of water and massive slips are facing commuters heading south to Wellington this morning. Audio
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Security analyst hits out at spy agency review panel.
8:16 AM.A security analyst says the people running the government's first full review of intelligence agencies are ill-equipped to do the job. Audio
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Bankers Assn doubts new rules will cool Auck property market
8:20 AM.In a bid to cool Auckland's overheated housing market, investors will soon need a 30 percent deposit before they can get a bank loan. Audio
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Reserve Bank urged to look at capital weightings
8:24 AM.The Reserve Bank also in that statement issued a warning about the high levels of debt in the dairy sector, saying this was a risk to the financial system. Audio
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Census collectors to go in 2018
8:28 AM.There's a massive change looming for the next census. Audio
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Markets Update for 14 May 2015
8:32 AM.A brief update of movements in the financial sector. Audio
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Study finds salt kills six times more people than car crashes
8:38 AM.New research out of Australia claims that salt kills more people than car crashes. Audio
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Concern that e-cigarettes adverts could attract non-smokers.
8:41 AM.Concerns have been raised that advertising e-cigarettes could attract non-smokers. Audio
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Te Manu Korihi News for 14 May 2015
8:46 AM.The Crown entity, Landcorp, is eager to go ahead with selling farms in Pukehina that had been at the centre of a Court of Appeal judgement that's found in its favour; New research from Statistics New… Read more Audio
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People sleeping outside as aftershocks continue in Nepal
8:50 AM.The death toll from Tuesday's earthquake in Nepal is now 80. Audio
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More universities eye up watch ban
8:55 AM.A student leader says the rising cost of university education is tempting some students to cheat to ensure the money and time spent on courses isn't wasted. Audio
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Auckland Writers Festival kicks off today...
8:58 AM.The organisers of the Auckland Writers' Festival are pegging this year's event as the biggest yet. Audio
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Retailers enjoy a spending boom in the March quarter
12:17 PM.A strong economy and lower fuel prices have prompted a strong boost in consumer spending. Audio
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NZD rises more than one and half cents against the US dollar
12:19 PM.The New Zealand dollar has jumped following weaker than expected retail sales figures in the United States. Audio
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Manufacturing sector slows
12:20 PM.Activity in the manufacturing sector has eased, but economists say it's too soon to tell if it reflects weakness in the economy, or the impact of holidays. Audio
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Midday markets
12:24 PM.For the latest from the markets we're joined by Brad Gordon at Macquarie Private Wealth. Audio
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Midday Rural News for 14 May 2015
12:35 PM.News from the rural and farming sectors. Audio