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Morning Report for Tuesday 26 April 2016
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Top Stories for Tuesday 26 April 2016
6:00 AM.Could a land tax be imposed on foreigners buying residential homes here? We have the Treasury report into whether Auckland Council can afford to fast track infrastructure to support new houses and the… Read more Audio
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30 year anniversary of the Chernobyl nuclear disaster
6:09 AM.Today marks the 30 year anniversary of the world's worst nuclear accident, the Chernobyl disaster. Audio
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Doubts Govt can meet renewable energy target
6:13 AM.The Climate Change Minister, Paula Bennett, may have jumped the gun by telling a global forum New Zealand is on track to generate 90 percent of its electricity from renewable sources. Audio
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Stalemate over probe into PNG fraud case
6:17 AM.Papua New Guinea's police anti-fraud squad remains unable to access its office and files amid a standoff over a major corruption case. Audio
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Early Business News for 26 April 2016
6:20 AM.A brief update of movements in the financial sector. Audio
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Peters says Key not being serious
6:36 AM.The New Zealand First leader, Winston Peters, says John Key's suggestion of a land tax for foreign buyers the Government might look at taxing land bought by overseas residents is a joke. Audio
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Residents relieved after Kokiri stand off
6:46 AM.Residents on the street where a man was found dead after a weekend siege in Porirua are relieved that no one else was hurt during the incident. Audio
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RBNZ to leave cash rate unchanged
6:50 AM.The big event this week is the Reserve Bank's review of the official cash rate on Thursday. Audio
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Fisher & Paykel Healthcare head brings continuity to top job
6:53 AM.The new head of Fisher & Paykel Healthcare says he brings continuity to the top job, as the healthcare appliance manufacturer aims to double in size every five years. Audio
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Jim Parker in Australia
6:55 AM.In Australia, Jim Parker reports the country's embattled banks have pledged to clean up their act after a run of scandals that have sparked calls for a royal commission into the industry. Audio
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Week ahead
6:57 AM.On the economic agenda, as we heard earlier, the Reserve Bank cash rate review is on Thursday, before then we'll have overseas merchandise trade for March out tomorrow. Audio
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Morning markets
6:58 AM.Wall Street weaker today amid low oil prices, weak earnings reports and the scheduled meeting of the Federal Reserve. Audio
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Business briefs
6:59 AM.The Saudi cabinet has approved economic reforms which aim to move the country away from its dependence on oil profits. Audio
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Government may consider imposing land tax on foreigners
7:10 AM.The Government will consider imposing a land tax on foreigners buying residential homes if new data due out soon reveals there's a problem Audio
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Treasury fails to find easy answers for Auckland housing crisis
7:14 AM.The Government's failed to find any easy new answers to Auckland's housing crisis, after getting Treasury to cast an eye over Auckland council's finances Audio
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Hopes fade of 90 percent renewable electricity goal
7:17 AM.Hopes are fading that New Zealand will reach its goal of having 90 per cent renewable electricity by 2025. Audio
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Cruz and Kasick join forces against Trump
7:21 AM.Two bitter rivals have teamed up in an effort to stop Donald Trump becoming the republican nominee for the President of the United States. Audio
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Prince's drug dealer reveals opiate addiction
7:25 AM.A man claiming to have dealt drugs to superstar Prince says the singer battled with an addiction to powerful opiates for more than 25 years. Audio
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Manhunt for shooter who killed eight in Ohio
7:33 AM.The manhunt continues for whoever killed eight people in a rural Ohio town. Audio
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US sends team to discuss NZ TPP obligations
7:37 AM.The United States is sending officials to New Zealand to look at how the country will put its obligations under the Trans Pacific Partnership into practice. Audio
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Labour urges crackdown on speculation: not a land tax
7:42 AM.Labour maintains the best way to discourage foreign property buyers is to ban them. Audio
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30th anniversary of the Chernobyl explosion
7:47 AM.Today marks the 30th anniversary of the Chernobyl explosion - the biggest nuclear disaster in history. Audio
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Temporary migrants struggle to stay in New Zealand
7:52 AM.Temporary migrants fighting to build a life in New Zealand say it can take them years and cost them thousands of dollars to convince Immigration officials they should be allowed to stay. Audio
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Australasian push is on to develop a single trans-Tasman visa
7:55 AM.The push is on to bring Australia and New Zealand even closer - with a single trans-Tasman visa. Audio
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PM's idea of land tax seen as a good one: but should go further
8:11 AM.A tax specialist thinks the idea of a land tax should be applied to all land buyers, not just foreigners. Audio
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Renewable electricity target a tough ask
8:15 AM.Hopes are fading that New Zealand will reach its goal of having 90 percent of electricity coming from renewable sources by 2025. Audio
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Warning as Government consider extradition treaty with China.
8:20 AM.As China's crack down on corruption continues the New Zealand government is considering entering into a formal extradition treaty with it. Audio
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Will Key's visit to China see trade improvements?
8:24 AM.The Prime Minister's trip to China last week saw doors being opened for our chilled meat exporters and a fifty million dollar deal for Amway China's elite salespeople to visit Queenstown. Audio
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Canadian hostage killed in the Philippines
8:27 AM.A Canadian hostage has been killed in the Philippines by a terror group affiliated to ISIS Audio
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Hillsborough inquest verdict due out later today
8:38 AM.The jury hearing an inquest into the deaths of 96 people in the Hillsborough football stadium disaster 27 years ago is expected to deliver its verdict later today. Audio
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Hayden Paddon's historic win 'huge'
8:45 AM.Rally New Zealand has hailed driver Hayden Paddon a 'hero' for wining the weekend's Rally Argentina. Audio
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Christchurch's Bridge of Remembrance reopens
8:50 AM.People can walk over Christchurch's Bridge of Remembrance once again, after nearly seven million dollars in earthquake repairs. Audio
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New London restaurant to open up in June encourages nude dining
8:54 AM.Care for a Rump steak with those fries? 'The Bunyadi' will be the first London restaurant to encourage naked dining when it opens in June. Audio
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Phil Kafcaloudes with news from Australia
8:56 AM.Time to chat to our Melbourne correspondent Phil Kafcaloudes. Audio