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Morning Report for Tuesday 7 November 2017
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Top Stories for Tuesday 7 November 2017
6:00 AM.Paradise Papers: New details expose multinationals, Immigration public counter closures spark complaints, Immigration NZ defends front desk closures, Bill English discusses new opposition lineup, Paid… Read more Audio
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Solomons PM ousted by vote of no confidence
6:14 AM.Manassah Sogavare has been ousted as the Prime Minister of Solomon Islands in a vote of no-confidence in parliament. Yesterday's vote in Honiara was triggered by a series of defections from Mr… Read more Audio
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Immigration NZ to close public counters
6:17 AM.Immigration advisors and lawyers are skeptical the technology is in place to cope with proposed changes to New Zealand's overseas visa systems. In September, Immigration New Zealand sought submissions… Read more Audio
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Early Business News for 7 November 2017
6:20 AM.A brief update of movements in the financial sector. Audio
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NZ trust law 'robust' in face of Paradise Papers
6:40 AM.Auckland tax law expert Michael Littlewood says wouldn't be surprised if the Paradise Papers leak uncovers some illicit trust activity in New Zealand. More than 13 million documents, dubbed the… Read more Audio
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Business News for 7 November 2017
6:49 AM.News from the business sector, including a market report. Audio
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Paradise Papers: New details expose multinationals
7:10 AM.Yesterday a huge leak of financial documents revealed how the ultra-rich covertly invest their money in offshore tax havens. Today more details have come out about strategies used by multinational… Read more Audio
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Immigration public counter closures spark complains
7:23 AM.Immigration officials are being warned there'll be more overstayers if the department doesn't reverse its decision to close public counters and make people apply for visas online. Immigration experts… Read more Audio
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Immigration NZ defends front desk closures
7:28 AM.Immigration advisors and lawyers are skeptical the technology is in place to cope with proposed changes to New Zealand's overseas visa systems. In September, Immigration New Zealand sought submissions… Read more Audio
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Bill English demands more MPs on select committees
7:40 AM.The 52nd Parliament meets today for the first time for MPs to be sworn in and the Speaker to be elected. And for Bill English and his National MPs, it's a return to the opposition benches. He discuses… Read more Video, Audio
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Paid parental leave boost could hurt small businesses
7:48 AM.Paid parental leave is being increased - from July next year, the leave will be extended by a month to 22 weeks and it'll be extended yet again by another month in 2020. Business New Zealand says that… Read more Audio
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National govt's data-for-funding scheme scrapped
7:52 AM.The new Labour-led Government scraps National's controversial data-for-funding plan, calling it dangerous and unnecessary. The plan would've required social service providers to hand over personal… Read more Audio
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Melbourne Cup: $1b expected to be spent
7:55 AM.Just two New Zealand horses remain in today's Melbourne Cup field after two others were scratched at the weekend. The cup's oldest horse, Who Shot The Barman, was taken out of the field late on Sunday… Read more Audio
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Paradise papers reveal Apple's secret tax bolthole
8:13 AM.The Paradise papers have this morning revealed the world's most profitable firm, Apple, has a secretive tax structure that enable it to avoid billions in taxes. They reveal how Apple sidestepped a… Read more Audio
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Immigration advisers critical of plans to close counters
8:19 AM.Immigration officials are being warned there'll be more overstayers if the department doesn't reverse its decision to close public counters and make people apply for visas online. Immigration experts… Read more Audio
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More support demanded by families of suicide victims
8:25 AM.The daughter of a woman who took her own life says she's been left with no support, and has had to forgo a funeral for her mum as a result. Others who have lost family members to suicide say they also… Read more Audio
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Markets Update for 7 November 2017
8:29 AM.A brief update of movements in the financial sector. Audio
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Two Kiwi horses left in Melbourne Cup
8:36 AM.Today the fastest horse over 3.2 kilometres will win just under 4 million New Zealand dollars at the Melbourne Cup. This year there's only two New Zealand horses left in the race after the… Read more Audio
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Saudi Arabia purge continues, accounts frozen
8:41 AM.Saudi Arabian banks have reportedly started to freeze the accounts of those arrested in Crown Prince Mohammed bin Salman's anti-corruption purge. Eleven princes, four sitting ministers and dozens of… Read more Audio
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2017 on track to be among hottest years recorded
8:47 AM.The World Meteorological Organisation says 2017 is set to be the warmest year without an El Niño occurence, since temperatures were first recorded in the late 1800s. There've been heatwaves in Chile… Read more Audio
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Cracks in concrete floors behind Wellington quake damage
8:51 AM.As structural engineers continue to look into exactly how city high-rises perform in earthquakes, they're also calling for designers to take a precautionary approach to concrete floor slabs which have… Read more Audio
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One year, thousands of dollars to build Nelson rock wall
8:54 AM.A Nelson home-owner says it's taken more than a year and thousands of dollars to get a consent hearing to build a small rock wall outside his waterfront home. The city council's processing of resource… Read more Audio