Episodios
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ASB is reporting a one percent increase in net profit, for last year's second half.
Profit margins remained flat, but home lending grew five percent and business and rural lending increased two percent.
CEO Vittoria Short says this is a sign the economy is turning a corner for the better after a lengthy downturn.
"Inflation's back in target range, we know that the OCR or interest rates are moving downwards to more neutral levels and what we can see is that our customers, who have been doing it tough and are stressed - our actions are helping."
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There's some agreement with a plea from the Public Service Minister for sector bosses to be more genuine - but questions have also been raised.
Judith Collins has advised public service leaders to show respect for taxpayers in their communications - and to treat the money as their own.
She asks them to be sure they're not speaking 'gobbledygook', or sounding superior.
PSA Acting National Secretary, Fleur Fitzsimons, says she shares some opinions with Collins.
"She talked about using plain English, the importance of free and frank advice and the value of public servants. It's a bit rich to hear some of that from a Government, though, that has cut so many jobs."
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A McFlurry of controversy is over in Wānaka - with a proposal for the region's first-ever McDonald's declined.
The District Council has turned the fast food giant's resource application down after strong pushback from locals concerned about food waste and pollution.
It planned a 450-metre site by the Mount Iron Roundabout.
Deputy mayor Quentin Smith says in the proposed setting - McDonald's wasn't a good fit.
He explained if McDonald's had wanted to set up in the town centre or a commercial zone, it's likely little could be done to stop it.
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Two Sydney nurses may not yet know they've been stood down over anti-Semitic comments.
A video has been posted to social media of the pair in uniform, saying they'd rather kill Israeli people than treat them.
The Australian Government has launched an investigation.
Australian correspondent Andrew MacFarlane says the nurses work night shifts, so may still be asleep.
"So while the health department in has said they've been stood down and are likely to be fired, the pair of them might not actually know that just yet."
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Seafood New Zealand says new fishery proposals will keep workers safer.
Public consultation is open on loosening up on extending or reducing catch limits.
The reform would also restrict access to fishing vessel camera video - to officials and the courts.
Seafood NZ CEO, Lisa Futschek says the public has no need to access the footage.
"Unfortunately, we see some pretty bad behaviour and attitudes towards our fishers - who are bullied and verbally and sometimes physically abused."
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A report's been tabled in Parliament, recommending a Te Pati Maori MP apologise for deliberately misleading the House.
In a debate in September last year,Takuta Ferris described MPs as being masters of obscuring the truth.
Ferris denied an accusation he'd called MPs liars - language considered un-parliamentary - and it was referred to the Privileges Committee.
ZB senior political correspondent Barry Soper says Ferris needs to apologise.
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Donald Trump met Jordan's King Abdullah today, amid ongoing discussions about redeveloping Gaza and potentially reducing aid for the US-allied Arab country if it refuses to resettle Palestinians.
Trump's proposal, floated one week ago, for the US to take over Gaza, move residents over and turn the war-ravaged territory into the 'Riviera of the Middle East' has been met with disapproval from various Arab nations.
US correspondent Dan Mitchinson says King Abdullah has also voiced disapproval with Trump's proposal for Gaza.
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Warren Gatland has left his role as Wales head coach by 'mutual agreement' after a record run of 14 straight Test defeats, the Welsh Rugby Union announced today.
Cardiff head coach Matt Sherratt will take temporary charge for the side’s remaining three Six Nations games against title favourites Ireland, Scotland and England.
Sportstalk host D'Arcy Waldegrave explains further.
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The Media and Communications Minister says cutting funding for NZ on Air and the Film Commission isn't on the table.
The Government is asking for feedback on five proposals, aiming to help local media go up against international competitors.
One includes merging the Commission and NZ on Air.
Paul Goldsmith says the two categories are becoming far less distinct - and a merger could even give both more funds.
"Rather than having two organisations doling it out - if you had one, that could be a more efficient way of doing it. We're not suggesting changing the overall funding levels, that's just how it's administered."
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Over in the UK, the Government has launched a crackdown on illegal immigrants.
The Labour-led Government has revealed that since they came to power, they have deported 19,000 people out of the UK - including failed asylum seekers and illegal immigrants.
UK correspondent Enda Brady says this may have been inspired by Nigel Farage's Reform Party - which is seeing a significant boost in the polls.
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The Prime Minister has copped some backlash over the state of the economy during his morning media round.
This follows two disappointing showings for the coalition in the polls, with Chris Luxon's standing as preferred Prime Minister taking a hit.
Luxon has stayed optimistic - and Infometics Principal Economist Brad Olsen is hopeful things will turn around later in the year.
"Those interest rates are coming down - but it takes a bit of time for everyone to re-fix onto them. And at the same time, data out recently showed that the unemployment rate has been going up. So I do think we're in that odd period...but there are those greener shoots showing through."
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The Country's Jamie Mackay took a trip up to the Big Smoke - and got to sit in on a memorable parliamentary session.
Both Luxon and Hipkins got some jabs in at each other, and Greens co-leader Chloe Swarbrick questioned the quality of the coalition's school lunch plan, and challenged the Prime Minister to eat one.
Jamie Mackay joined Ryan Bridge to recap the day.
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Tonight on The Huddle, Auckland Councillor Richard Hills and Jordan Williams from the Taxpayers' Union joined in on a discussion about the following issues of the day - and more!
Kāinga Ora has unveiled their tougher new approach to address rent debt. Is this move justified - or a step too far?
Greens co-leader Chloe Swarbrick brought some lunchboxes into the House and challenged Prime Minister Luxon to eat one after claims they were inedible. What do we make of this?
There's concern in Tauranga, with many residents saying mayor Mahe Drysdale should move from Cambridge to the city. Drysdale says it's been difficult finding a house in their preferred school zone - do we think he needs to move?
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Questions have been raised over how much tax Netflix is currently paying in New Zealand.
Research indicates there are over 1.3 million Netflix users in New Zealand paying at least $18.50 per month each.
However, new reports reveal the company apparently doesn't meet the $11 million revenue threshold to make finances public - indicating Netflix pays a smaller-than-expected tax bill.
Edward Miller, an expert from the Centre for International Corporate Tax Accountability and Research, says many Kiwi users are justified in wanting to learn more about what Netflix pays.
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On the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday, 13 November 2024, Kainga Ora boss Matt Crockett tells Ryan Bridge the state housing agency is going to start evicting tenants who don't pay rent.
Trade Minister Todd McClay reacts to Donald Trump's announcement of 25% taxes on NZ steel and aluminium.
NZ Rugby is suing its major sponsor Ineos, alleging the company breached its six-year sponsorship contract.
An economist says we need to start talking about means testing NZ Super.
Plus, the Huddle debates whether a mayor should live in the city they're the mayor of.Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.
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The Tai Rāwhiti mill that ran for 30 years before it was shut down in late 2023 is set to re-open in the coming months, with new Australian owners.
About 87 staff were impacted by Japanese-owned Juken's decision to close the mill - amid financial difficulties and weak demand for Japanese housing wood products.
Millari Group of Australia confirmed in a statement that it will upgrade and re-establish the 25-hectare site in Gisborne over the coming months.
Mill general manager Shane Wilson says more details will be revealed over the next few weeks - with repairs and upgrades needed to boost operations.
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The Trade Minister is laying bare the cost of Donald Trump's tariffs for New Zealand.
The US President is imposing 25 percent tariffs for all steel and aluminium imports - and says there'll be no exceptions.
Todd McClay says that's not surprising, following similar moves by Trump in his first term.
He says it won't significantly impact us, especially compared to exports like beef and wine.
"For New Zealand exporters, we will face about an extra $5 million of tariffs - plus or minus - that's on about $150 million total of exports."
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An economist says New Zealand needs to have a tough conversation about superannuation.
Finance Minister Nicola Willis yesterday told Newstalk ZB the scheme needs to become sustainable and a debate about age eligibility will be needed eventually.
Bagrie Economics says raising the age makes sense, with the average life expectancy up a lot.
Cameron Bagrie says we can't keep kicking the can down the road.
"More than 50 percent of all welfare spending is going towards New Zealand's Superannuation - and some people need that money, but there's a chunk of society that I don't think need that money and they're double dipping."
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One of New Zealand Rugby's major sponsors has found itself offside with the national body.
In a recent statement, NZR has confirmed they're launching legal action against petrochemical company Ineos for breaching a deal worth around eight million dollars a year.
NZ Rugby views Ineos' non-payment of the first instalment of 2025 as confirmation they've exited the six-year agreement early - and have 'no option' but to begin proceedings.
Former CEO David Moffett says this is a big step for NZR, but they haven't been left with any other options.
"In a situation like this, the only people that are going to win are the lawyers. There will be damage done to both brands, but hopefully NZ Rugby have got some really strong legal advice."
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Kāinga Ora's hoping more tenants will stay on top of rent after it's written off debts.
It's announced a tougher stance on rental debt - and will end tenancies for people who skip rent with no attempt to get back on track.
But it also says it'll forgive and reduce debt for consistently paying customers owing more than 12 weeks’ rent.
Chief executive Matt Crockett says the debt otherwise becomes too daunting for tenants to tackle.
"We are going to manage it more closely, earlier, so that we never have customers that have more than 12 weeks. This is about cleaning up the situation we've got at the moment and resetting to move forward with a more pragmatic approach."
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