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Morning Report for Wednesday 25 May 2016
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Top Stories for Wednesday 25 May 2016
6:00 AM.Figures released by Labour shed light on how much home ownership rates have fallen in Auckland. 24 hours out from Budget 2016 we ask John Key just what's in store for those in need of emergency… Read more Audio
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French officials raid Paris office of Google
6:09 AM.Google's headquarters in Paris have been raided by French officials as part of an investigation into tax fraud. Audio
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Tourism report highlights shortage of hotel developments
6:13 AM.Tourism leaders say the Government may have to step up its role in hotel developments to entice more investors. Audio
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Expert calls for data quality push to back bowel screening
6:16 AM.A medical specialist says more information about quality standards is needed before more screening for bowel cancer gets under way. Audio
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Early Business News for 25 May 2016
6:19 AM.A brief update of movements in the financial sector. Audio
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Morning Rural News for 25 May 2016
6:26 AM.News from the rural and farming sector. Audio
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Government urged to do more in budget to dampen house prices
6:38 AM.Homeownership rates have fallen in more than 80-percent of the suburbs around Auckland. Audio
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New research shows Alpine Fault may be worse for Canterbury
6:43 AM.New research shows that if a major earthquake ruptures the Alpine Fault Christchurch is likely to suffer more intense damage than some areas closer to the fault. Audio
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Auckland worried about falling rugby numbers
6:45 AM.New Zealand Rugby has made Auckland a key priority in its five year plan as statistics reveal less than three percent of its population play rugby. Audio
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Incentives for hotel investment won't address short-term demand
6:50 AM.Booming tourism is behind a government plan to boost investment in hotels, but there's doubt if it will help in the short-term. Audio
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Tower confident but coy on full-year outlook
6:52 AM.Shares in insurance company Tower took a hefty hit yesterday -- falling 12 percent to a near three-month low. Audio
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Vista sees two-way street of opportunities in WePiao deal
6:55 AM.The cinema software company, Vista Group, says the new distribution business it's establishing with China's WePiao is more than just a one-way opportunity to sell software in China. Audio
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Morning markets for 25 May 2016
6:57 AM.Wall Street up strongly today -- tech and financial stocks higher -- on bets of an interest rate rise in the United States next month. Audio
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Business briefs
6:58 AM.The Taranaki-based, but Australian owned, power and gas distributor PowerCo has reported a slightly reduced full-year profit. Audio
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Government urged to do more in budget to dampen house prices
7:11 AM.Home ownership rates in Auckland are falling dramatically as investors make the most of the property boom. Audio
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John Key previews Budget 2016
7:11 AM.A short time ago we spoke with Prime Minister John Key and asked him whether rising house prices remain a priority for the government. Audio
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Motels for emergency housing 'not a long term solution'
7:26 AM.The Social Development Minister says entire motels could be leased to help those in need of emergency housing in Auckland. Audio
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Government plans for 26 new hotels
7:28 AM.An independent study published yesterday found 26 new hotels, with 4500 beds, need to be built in Auckland, Rotorua, Wellington, Christchurch and Queenstown over the next decade. Audio
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$150k benefit fraud punished with home detention
7:36 AM.A Nelson woman who racked up almost 150,000 dollars in benefit fraud was this week sentenced to home detention and order to repay $10,000. Audio
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Gastric surgery recommended as direct treatment for diabetes
7:41 AM.For the first time, leading health organisations are recommending gastric bypass surgery as a direct treatment for diabetes in severely obese patients. Audio
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Budgeting services set for a major shake up
7:46 AM.Budgeting services are facing an uncertain future as the Government prepares a major shake up of the sector. Audio
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Alpine Fault quake would severely damage Canterbury
7:52 AM.New research says Canterbury would suffer severe damage in an Alpine Fault earthquake. Audio
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600 tonnes of melted reactor fuel missing from Fukushima
7:55 AM.The operator of the Fukushima nuclear plant has admitted 600 tonnes of melted reactor fuel is still missing five years on from the disaster. Audio
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Wellington power cut
8:11 AM.Greg Skelton Wellington Electricity is on the phone. Audio
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Rising homeless numbers prompt public meeting in Tauranga
8:13 AM.As we heard on Morning Report yesterday Tauranga is booming and house prices are rising. But also rising is the level of homelessness in some parts of the city. Audio
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Govt accused of failing homeowners
8:17 AM.The Housing Minister Nick Smith has admitted a greater number of building inspections are failing. Audio
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Major shake up of budgeting services
8:23 AM.A major shift is underway for the services responsible for giving budgeting advice to those struggling to make ends meet. Audio
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Possible bowel screening move eagerly awaited in Budget
8:27 AM.There are high hopes in the health sector that wider screening for bowel cancer will get the go-ahead in tomorrow's Budget. Audio
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Markets Update for 25 May 2016
8:32 AM.A brief update of movements in the financial sector. Audio
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Auckland on NZR's radar
8:38 AM.Rugby has long been regarded as New Zealand's national game but the sports's leaders fear it could become irrelevant in the country's biggest city. Audio
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Rescuers honoured for daring feats
8:41 AM.A helicopter pilot, an off-duty surf life saver and a search and rescue volunteer have been recognised for saving lives during daring feats of rescue. Audio
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IGIS says SIS and GCSB still not as open with the public
8:46 AM.The Inspector General of Intelligence and Security says there is still plenty of scope for New Zealand's spy agencies to be more open with the public about what they do, in order to boost public trust… Read more Audio
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MH17 lawyer confident ahead of lawsuit
8:50 AM.The lawyer acting for families of New Zealand and Australian victims of the Malaysia Airlines flight shot down over Ukraine is confident he can make Russia pay compensation of 10 million dollars per… Read more Audio
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12th Festival of Pacific Arts underway in Guam
8:54 AM.The 12th Festival of Pacific Arts is underway in Guam with 27 Pacific countries and territories participating. Audio
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Tauranga artists hopes to "tattoo" sick kids at Starship
8:57 AM.A Tauranga artist's offer on Facebook to "tattoo" sick children at Starship Hospital has gone viral. Audio