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Morning Report for Thursday 26 May 2016
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Top Stories for Thursday 26 May 2016
6:00 AM.It's Budget Day -- our political editor Jane Patterson and economics correspondent Patrick O'Meara look at what might be in store. Homeless people in Auckland scoff at the Government's cash incentive… Read more Audio
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New deal to help Greek economy.
6:09 AM.After extensive talks in Brussels, Greece has agreed to a deal to access a further 10.3 Billion euros in loans. Audio
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Million dollar legal battle delays cycle trail project
6:14 AM.A million dollar legal battle is delaying completion of the Around the Mountains Cycle Trail in Southland, on top of costs which have already taken the project almost six million dollars over budget. Audio
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Early Business News for 26 May 2016
6:20 AM.A brief update of movements in the financial sector. Audio
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Paula Bennett denies blindsiding Finance Minister
6:39 AM.The Social Housing Minister says she doesn't need Cabinet approval to give state housing tenants and homeless in Auckland up to five-thousand dollars to move to the regions. Audio
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Chch residents frustrated at being shut out
6:43 AM.Christchurch residents frustrated at being shut out the decision making on the future of Chirstchurch's redzone are calling for more consultation from the new agency in charge of the area. Audio
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Jade Software makes another FY net loss with flat revenue
6:50 AM.The software firm, Jade, says it expects to see a 10 to 20 percent increase in revenue this financial year, but is still expecting to make another loss this year, and possibly the year after as well. Audio
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AFT hitches wagon to Maxigesic
6:52 AM.Recently-listed drug maker AFT Pharmaceuticals is banking on its main product, the painkiller Maxigesic, to drive the company's fortunes over the coming year. Audio
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Arvida targets development opportunities
6:54 AM.The listed retirement village operator, Arvida Group, is eyeing new green field developments for growth. Audio
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Investing in young workers important for future business
6:55 AM.A visiting expert on corporate culture and leadership says there are big gaps in businesses' investment in developing younger staff. Audio
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Z Energy still pikcing $25-30 mln savings from Caltex merger
6:57 AM.Z Energy is still banking on savings of up to 30 million dollars when it takes control of the Caltex petrol station network next month. Audio
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Morning markets for 26 May 2016
6:58 AM.Wall Street tracking higher on rising oil prices, with investors more open to the idea of interest rate rises in the United States earlier than first thought. Audio
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New Zealanders have their say on Budget 2016
7:11 AM.It's Budget Day and the Finance Minister, Bill English, will deliver his eighth amid signs the economy has picked up pace. Audio
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RNZ correspondents talk about what they're expecting in Budget
7:14 AM.RNZ will have extensive Budget coverage today - and our team will be led by our political editor Jane Patterson and our economics correspondent Patrick O'Meara - they're both with us. Audio
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$5000 moving grant for homeless needs jobs attached
7:26 AM.People living in state houses in one of Auckland's poorest suburbs say a cash injection of five thousand dollars to pack up and move to the regions is no incentive without job prospects attached to… Read more Audio
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Helen Clark under fire
7:29 AM.Helen Clark's leadership style at the United Nations Development Programme, has been criticised harshly as the battle for the UN's top job heats up. Audio
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$1 million legal fight over Southland cycle trail
7:37 AM.A battle has developed in Southland where Fish and Game is trying to move a planned cycle trail away from a famous trout fishing river. Audio
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Inspector General: Clinton violated email rules
7:42 AM.A critical report from the State Department's Inspector General is set to reignite the debate over Hillary Clinton's handling of emails while she was Secretary of State. Audio
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Marae urges others to open the doors to homeless
7:46 AM.Families living in cars and young men living under bridges. Those are some of the people Te Puea marae has helped in just the first few days of opening its doors to the homeless. Audio
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Wairoa gets $100 million and Crown acknowledgement
7:52 AM.Wairoa iwi say yesterday's initialling of their deed of settlement with the Crown is a powerful milestone in addressing the terrible injustices they suffered. Audio
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More time for Special Housing Areas
7:55 AM.More time might be given for landowners in Auckland to build on Special Housing Areas. Audio
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What to look for in Budget 2016- Economists
8:11 AM.The Finance Minister Bill English will present his eighth Budget, mapping out the Government's economic direction for the year, this afternoon. Audio
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Paula Bennett denies blindsiding Finance Minister
8:18 AM.The Social Housing Minister Paula Bennett denies blindsiding Bill English over a policy to give state housing tenants and homeless in Auckland up to five-thousand dollars to move to the regions. Audio
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Shifting Aucklanders only shifts problems - Whanganui trust
8:21 AM.Paula Bennett named Whanganui as one of the places with vacant state houses that Aucklanders could shift in to. Sian McGibbon of the Whanganui Housing Trust says when she asked to use three of those… Read more Audio
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Social housing groups slam motel policy
8:25 AM.A budgeting service says it could re-home four times as many families for the same amount of money Work and Income spends on putting one family into a motel. Audio
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A Coloado city overcomes affordable housing shortage
8:28 AM.As New Zealand wrangles with the solutions to more affordable housing, one city in Colorado has found its own solution. Audio
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Analysis on Fonterra's milk payout forecast
8:38 AM.As you've just been hearing Fonterra has announced its payout for the coming year. Audio
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Digitally restored documentary delights Ngati Whatua o Orakei
8:40 AM.Thirty eight years ago police and armed forces evicted protesters who were occupying Takaparawhau or Bastion Point on Auckland's waterfront. Audio
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Eviction looms for PNG student protesters
8:47 AM.Students at the University of Papua New Guinea have until five o'clock this evening to end their month long protest and leave the Port Moresby campus. Audio
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Researchers muddying Antarctic waters
8:53 AM.Researchers say human waste is contaminating Antarctica's pristine ocean -- affecting fish, seals, penguins and other marine creatures. Audio