Morning Report

The Prime Minister has been forced to backtrack on his claims that New Zealand has a world class foreign trust system that doesn't need changing. John Key defended the rules covering foreign trusts… Read more Audio

An update from the team at RNZ Sport. Audio

In Australia voters go to the polls soon, and the issue of tax cuts for corporates has become a big issue. Audio

Investors were less than enthusiastic about the debut of the media and entertainment company, NZME, on the local stock exchange. It closed at 80 cents yesterday and took the best part of an hour… Read more Audio

A rate cut by the Reserve Bank in August is becoming almost a certainty in the wake of the British vote to exit the European Union. The market volatility that has arisen and the overall rise in the… Read more Audio

The Government has also outlined its next steps to crack down on tax avoidance by multinational companies. They include stronger rules preventing excessive payments from a New Zealand company to its… Read more Audio

A senior tax partner at PwC, Geof Nightingale says proposed changes to the foreign trust regime will go a long way to underpinning New Zealand's reputation and deter tax dodging and money laundering. Audio

Child Youth and Family says Moko Rangitoheriri's killers were on its radar before before the toddler's death. Tania Shailer and David William Haerewa have been given the highest sentence ever imposed… Read more Audio

An update from the team at RNZ Sport. Audio

The tougher rules for foreign trusts an inquiry has recommended will weed out any crooks using foreign trusts to hide their money here. Political reporter Benedict Collins has the story. Audio

News from the rural and farming sectors. Audio

A brief update of movements in the financial sector. Audio