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Morning Report for Wednesday 1 November 2017
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Top Stories for Wednesday 1 November 2017
6:00 AM.Will foreign buyers ban make difference in market?; Homes not 'commodities traded internationally' - David Parker; Blasts shake Invercargill pump station neighbours; Manus detention centre in chaos as… Read more Audio
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Foreign home-buyers to be banned by early 2018
6:09 AM.From early next year, foreigners will no longer be able to buy houses in New Zealand. The Government plans to change the Overseas Investment Act to classify houses as sensitive which will allow the… Read more Audio
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Early Business News for 1 November 2017
6:21 AM.A brief update of movements in the financial sector. Audio
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Govt's foreign home-buyer ban won't work - National
6:40 AM.The new Government has moved rapidly to ban foreigners from being able to buy existing houses in New Zealand, saying trade deals won't be affected. But the National Party says the ban will do nothing… Read more Audio
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Detainees defy deadline to quit Manus Island
6:43 AM.Detainees on Manus Island are defying a deadline to leave the immigration detention centre. Staff disappeared yesterday from the detention centre before locals reportedly entered and started looting… Read more Audio
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Possibility of Olympic glory spurs video gamers
6:47 AM.The prospect e-sports could be part of the Olympics in just seven years time has spurred video gamers to take the first steps to be formally recognised here. They've set up a federation in a bid to… Read more Audio
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Business News for 1 November 2017
6:50 AM.News from the business sector, including a market report. Audio
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Will foreign buyers ban make difference in market?
7:11 AM.Questions are being asked about the impact of the ban on foreigners buying existing homes in New Zealand. Real estate agents say the changes might create a little more paperwork, but that's about it. Audio
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Homes not 'commodities traded internationally' - David Parker
7:14 AM.The new Government has moved rapidly to ban foreigners from being able to buy houses in New Zealand saying trade deals won't be affected.
It will make changes to the Overseas Investment Act so homes… Read more Audio
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Blasts shake Invercargill pump station's neighbours
7:23 AM.Neighbours of a water pump station in Invercargill where there were explosions yesterday say the drama shook their nerves. All residents of Invercargill and Bluff are being asked to keep conserving… Read more Audio
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Manus detention centre in chaos as detainees hold out
7:27 AM.Refugees and asylum seekers on Manus Island are defying a deadline to leave the immigration detention centre. Water and power have been cut at the detention centre, and the refugees are fearful Papua… Read more Audio
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New govt's housing ban lacks detail - Steven Joyce
7:37 AM.In an effort to ease the housing crisis, Prime Minister Jacinda Ardern yesterday announced Labour would make changes to the Overseas Investment Act to classify residential housing as "sensitive". It… Read more Audio
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Midwife's prescription forgery prompts nationwide warning
7:43 AM.A former Auckland midwife who is forging presciptions for opiod painkillers for herself has prompted a nationwide warning from the Ministry of Health. The woman, who no longer holds an annual… Read more Audio
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Tighter controls to stop fake doctors practising
7:47 AM.A new system being adopted today is expected to prevent fake doctors from practising in this country. It will affect all doctors who want to work in this country but who have not trained either here… Read more Audio
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Pay equity legislation thrown out by new govt
7:51 AM.The Government is throwing out the pay equity law introduced by National, saying it makes it harder for people to make a claim for fair wages. The Minister for Women, Julie Anne Genter, says… Read more Audio
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TranzAlpine marks 30 years of scenic journeys
7:57 AM.It's often touted as one of the most scenic train trips in the world - and this month marks the 30th anniversary of the TranzAlpine train journey. Kiwirail's celebrating that milestone with a special… Read more Audio
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Trump lashes out as Mueller inquiry continues
8:11 AM.US President Donald Trump has fired up on Twitter today, lashing out at the media and his Democrat rivals as an FBI investigation into Russian meddling in last year's election closes in on the… Read more Audio
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Manus detainess hope PNG court will stop centre closure
8:17 AM.Lawyers for refugees and asylum seekers on Manus Island hope that the Supreme Court in Papua New Guinea will hear an injunction today to stop the closure of the centre and the forcible relocation of… Read more Audio
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Invercargill urged to conserve water after pump station blast
8:22 AM.Invercargill's council says it hopes a water pumping station that exploded yesterday will be repaired by this afternoon. Residents and businesses are being asked to conserve water until the Waikiwi… Read more Audio
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US politicians still seeking answers over Niger deaths
8:27 AM.The deaths of four American soldiers in Niger early last month in an ambush has prompted questions about what the US is doing in the central African country. The fallout from the incident also… Read more Audio
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Markets Update for 1 November 2017
8:32 AM.A brief update of movements in the financial sector. Audio
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NZ firefighter trains Syrians for bomb rescues, praises bravery
8:38 AM.A New Zealand firefighter who spent months training Syrian civilians in bomb rescues and emergency first aid has spoken of the bravery of those prepared to put their lives on the line. The Syrian… Read more Audio
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Mother of man killed in tank blast furious at his boss
8:41 AM.The mother of a man who was killed in a tank explosion says she's happy Huntly College has a scholarship for trainee welders in his name - but she doesn't want the firm he worked for to be associated… Read more Audio
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Name may change but charter schools confident of survival
8:48 AM.Their name and funding may change but charter school owners are confident their schools will survive under the new government. The schools expect the government will renegotiate their status with some… Read more Audio
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Restoration of Timaru historic Maori rock art underway
8:50 AM.An ecological restoration project is underway at a 10-hectare property near Timaru - home to one of the most significant collections of historic Maori rock art in New Zealand. The Ngai Tahu Rock Art… Read more Audio
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Tongan rugby league fans ditch school for chance to see stars
8:54 AM.Hundreds of Tongan rugby league supporters gathered in South Auckland to get last-minute signatures from the stars before they head south to Hamilton to face Samoa. The team beat Scotland in their… Read more Audio