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Morning Report for Tuesday 10 March 2020
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Top Stories for Tuesday 10 March 2020
6:00 AM.World markets are taking their biggest hit in years as virus fears spread and oil prices plunge. Sharp falls trigger temporary halts to trading on Wall Street. Business leaders here say the Government… Read more Audio
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Sports News for 10 March 2020
6:06 AM.The next three rounds of Japan's Top League rugby competition have been suspended following the arrest of a New Zealand player for alleged illegal drug use. Read more Audio
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Covid-19: Union denies strike is opportunistic after Ministry of Health dressing down
6:17 AM.The union representing lab workers has hit back at accusations from the director general of health that it's using the coronavirus situation as leverage in an industrial dispute.
Some laboratory… Read more Audio
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Two on trial for lighting fires in tinder-dry Tasman
6:20 AM.A trial has heard a couple was responsible for lighting two separate fires in the tinder-dry Tasman region during a complete fire ban.
Benjamin Durrant and Abigail Page are accused of lighting a fire… Read more Audio
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Early Business News for 10 March 2020
6:20 AM.A brief update from the business sector. Read more Audio
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Morning Rural News for 10 March 2020
6:22 AM.News from the rural and farming sector. Read more Audio
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Covid-19: Billions wiped from oil companies' market value
6:40 AM.A price war has wiped billions from the market value of the world's biggest oil companies after oil markets recorded one of the biggest price slumps in history.
Saudi Arabia's decision to increase… Read more Audio
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Covid-19: Government criticised over business package timing
6:47 AM.The government is facing criticism for not moving fast enough on a package to help businesses impacted by the coronavirus.
Yesterday Cabinet approved the development of a business continuity package… Read more Audio
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Covid-19: National Party calls business support 'flat footed'
6:51 AM.The National Party is calling for more urgency when it comes to supporting businesses affected by Covid-19, describing the government's attempts so far as "startlingly flat footed".
Yesterday Grant… Read more Audio
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Business News for 10 March 2020
6:53 AM.News from the business sector, including a market report. Read more Audio
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Sports News for 10 March 2020
7:06 AM.Japan rugby has been thrown into more turmoil but this time it's due to drugs and not the coronavirus. Audio
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Covid-19: US share trading suspended after sharp falls
7:15 AM.Trading in US shares was briefly suspended after sharp falls led to an automatic halt in the selling and buying of stocks.
Once trading resumed, the three major US stock indexes were down over 6… Read more Audio
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Covid-19: Finance Minister defends business continuity package
7:20 AM.The financial world is still in turmoil due to Covid-19.
BNZ is warning a recession is on the way, the cost of oil is crumbling and regional workers are struggling as business dries up.
The… Read more Audio
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Covid-19: Fears more airlines could go bust
7:26 AM.An airline analyst is predicting more airlines could go bust as the industry struggles with the disruption caused by Covid-19.
The editor of AirlineRatings.com Steve Creedy says the sudden and… Read more Audio
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Andrew Coster named new Police Commissioner
7:35 AM.Andrew Coster has been named the new commissioner of the police.
He replaces Mike Bush, who retires at the end of the month.
RNZ police reporter Ben Strang has more details about the new… Read more Audio
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Covid-19: New Zealand market set for more volatility
7:39 AM.The New Zealand market is set for another volatile day as markets continue to feel the effects from Covid-19. The benchmark NZX Top 50 Index ended down 2.9 percent, by 334 points to 11-thousand-and 92… Read more Audio
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Covid-19: What Kiwis have been stocking up on
7:43 AM.New Zealanders have been stocking up on rubber gloves and pasta in the wake of Covid-19.
While Aussies are scrapping over toilet paper, figures show New Zealanders are also stocking up on cleaning… Read more Audio
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Christchurch mosque attacks: Examining the long term psychological effects
7:46 AM.As the country and Christchurch prepare to mark the first anniversary of the mosque attacks, many of those who survived are still struggling with the impact of that day.
A psychologist helping… Read more Audio
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Anti-smoking group calls Quit Group spending 'deplorable waste'
7:50 AM.Anti-smoking group ASH is decrying what it calls a deplorable waste of money by Quit Group - the charity originally commissioned to run Quitline.
Yesterday RNZ revealed that five years after Quit… Read more Audio
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Pedestrian advocate criticises plan to put bikes on footpaths
7:54 AM.The government is considering changing the rules to allow people to ride bikes up 15 kilometres an hour on the footpath.
Riders would have to give way to pedestrians and people in wheelchairs.
It's… Read more Audio
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Sports News for 10 March 2020
8:06 AM.Hockey New Zealand has cancelled a trip by the Black Sticks Men and Women's teams to play Pro League games in the Netherlands and Germany due to the coronavirus. Read more Audio
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Covid-19: BNZ economists predict recession
8:10 AM.BNZ's economists say it is probable not just plausible New Zealand's economy will enter a recession as the economy struggles with the coronavirus outbreak.
In a market update the bank advised it was… Read more Audio
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Covid-19: World oil prices drop sharply
8:16 AM.Markets around the world suffered dramatic losses on Monday as a new oil war sparked by the Covid-19 outbreak sent crude prices plummeting.
Just after markets opened, crude prices briefly dropped as… Read more Audio
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Covid-19: IT sector warning cyber security at risk
8:18 AM.If you find yourself working from home to avoid the coronavirus - you might unknowingly be at risk of another virus altogether.
An expert in the IT sector is warning of an increased risk of cyber… Read more Audio
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Market Update for 10 March 2020
8:30 AM.A brief update on the movements in the financial sector. Read more Audio
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Northland fire restrictions still in place despite rain
8:36 AM.Some rain may have fallen in the north, but fire restrictions remain in place.
Last week a fire threatened at least 10 houses. Investigations are ongoing, but time, location and conditions point… Read more Audio
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Many Hurunui district buildings still unsafe post earthquake
8:40 AM.Less than a third of Hurunui district's buildings red-stickered after the 2016 Kaikoura earthquake in have been fixed or demolished.
That leaves more than fifty that are still too unsafe to enter.
… Read more Audio
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Covid-19: Japanese political scientist slams his govt
8:44 AM.A Japanese political scientist says his government's response to the coronavirus outbreak has been "staggeringly incompetent" and is warning about the country hosting the Olympics in July.
Koichi… Read more Audio
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South Island company develops biodegradable coffee cup
8:47 AM.After more than two years of research, a South Island company has developed the country's first plastic-free, biodegradable coffee cup.
Christchurch-based Glopac wants to go a step further and make… Read more Audio