Morning Report

An update from the team at RNZ Sport. Audio

Kirkcaldie and Stains, the Wellington retailer that's in the final stages of closing down, says it will pay more than half a million dollars to break a lease for a warehouse property in Petone. Audio

American stocks are a touch softer, weak Chinese trade numbers and a dip in oil prices have dampened sentiment. Audio

Oil prices have hit their highest levels in three months, but an industry body says there's a long way to go before it gets back to sustainble levels. Audio

Inflation looks set to have stayed at multi-year lows, if the ANZ bank's latest monthly gauge is anything to go by. Audio

There is something of a silver lining to the dark cloud of another cut in Fonterra's payout forecast - for investors at least. Audio

Industry watchers believe there are some bright spots that could help lift the payout for next season. Audio

An economist says Fonterra's lower forecast payout to dairy farmers only adds further pressure for the Reserve Bank to cut the official cash rate. Audio

The United Nations is deeply concerned about a tentative deal between the European Union and Turkey over the migrant crisis. Audio

The Finance Minister says a small group of dairy farmers will probably now be in trouble because of low milk prices. Audio

News from the rural and farming sector. Audio

A brief update of movements in the financial sector. Audio