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Morning Report

with Geoff Robinson & Simon Mercep

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Audio from Friday 25 May 2012

Not all audio is available due to copyright restrictions.

06:00 Top Stories for Friday 25 May 2012

It's been called drab, dull and the "yawn" budget ..but is it just what the economy needs? We'll have a special panel with us to review Bill English's fourth Budget and we'll look at other news, including reaction to the prison sentences handed down for some of the Urewera Four. (29′20″)

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06:11 Budget called lacklustre and poorly directed

If you weren't aware, yesterday afternoon the Finance Minister Bill English delivered his fourth Budget. (2′34″)

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06:14 John Pask, says it was a reponsible budget

The Business New Zealand economist, John Pask, says it was a reponsible budget with not too many surprises. (44″)

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06:15 Concern at changes to asset testing

Greypower's national president, Roy Reid, says he was concerned at changes to asset testing for rest home care. (1′02″)

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06:16 Primary school leaders dismayed by Budget

The president of the education union, the Educational Institute, Ian Leckie, says the Budget shows the government does not value education. (1′00″)

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06:17 Pacific News for 25 May 2012

The latest from the Pacific region. (4′02″)

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06:21 Morning Rural News for 25 May 2012

News from the rural and farming sector. (5′17″)

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06:26 Manu Korihi News for 25 May 2012

An Otago University Professor of Maori Studies, is highly critical of announcements in the budget for tertiary education; The director of a Maori anti-tobacco organisation says an increase in cigarette prices will stress out already stretched families; The Maori Party MP, Te Ururoa Flavell, says a police apology to the people of Ruatoki is a slap in the face for everyone involved in the Urewera raids of 2007; The budget has delivered in cut for iwi radio - which was set up more than 20 years ago to promote the Maori language and local dialects. (3′23″)

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06:37 Budget wins approval from ratings agency

The credit rating agency, Standard and Poor's has given yesterday's budget its cautious approval but cited New Zealand's high level of personal debt and dependance on savings as a reason for concern. (4′05″)

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06:41 Government accused of raiding children's piggy banks

The Government's tax measures were passed through their initial stages at Parliament last night. (2′47″)

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06:47 Morning Business for 25 May 2012

News from the business sector including a market report. (12′33″)

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07:10 Budget criticised for making life harder for many

The Prime Minister says the budget will strengthen New Zealand's economic resilience - and have the books back in surplus. (3′16″)

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07:14 'Petty' tax changes slated by Opposition parties

Opposition parties say minor tax changes in yesterday's budget are petty and will do nothing to promote economic growth. (3′47″)

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07:17 Economists say Treasury's growth forecasts are too optimistic

Economists say the Budget's forecasts for economic growth are too optimistic. (55″)

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07:18 Zero ambition budget ?

To talk more about yesterday's budget we're now joined in our studios by: Ganesh Nana, a senior economist at the economic forecaster Berl, the Council of Trade Unions' president Helen Kelly, Bruce Goldsworthy, the acting chief executive from the Employers and Manufacturers Association and our political editor Brent Edwards. (13′04″)

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07:37 Ruatoki community says Iti has become a political prisoner

People from the Ruatoki community are angry and frustrated two of the Urewera four have been jailed, saying the pair have become political prisoners. (4′11″)

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07:41 Rena captain and navigational officer to be sentenced today

The captain and navigation officer of the cargo ship Rena will be sentenced today in the Tauranga District Court. (3′58″)

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07:46 Sports News for 25 May 2012

An update from the team at RNZ Sport. (2′46″)

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07:50 Fonterra shareholders' council chair quits

The chairman of Fonterra's Shareholders Council has resigned over his opposition to proposed changes to the company's ownership structure. (3′08″)

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07:52 Letter outlines risks to Chinese businessman

A letter written in support of a Chinese businessman whose citizenship case was backed by the Labour MP, Shane Jones, outlines the risk he would have faced if he returned to China. (3′02″)

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07:56 Muster of Kaimanawa horses starts today

The two-yearly muster of Kaimanawa wild horses will start today near the Desert Road in the Central North Island. (3′06″)

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08:09 Economists say Treasury's Budget forecasts lack credibility

Back now to our budget coverage. (3′04″)

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08:12 Finance Minister defends Budget

The credit rating agency, Standard and Poor's has given yesterday's budget its cautious approval but says New Zealand's high level of personal debt and dependence on savings is a concern. (4′12″)

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08:16 Labour says Budget disappointing

The Labour Party was quick to tag the Budget "zero growth and zero hope" and "a departure lounge budget". (3′50″)

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08:20 Tertiary groups gloomy over Budget

The vice-chancellor of Canterbury University, Rod Carr, says universities are barely better off at all as a result of the budget. (44″)

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08:21 Senior doctors say health funding much less than needed

The senior doctors' union says the increase in health spending is far short of what's needed and doctors and services will suffer. (1′03″)

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08:22 Brendan Walker, from Imperial Tobacco

Brendan Walker, from Imperial Tobacco, says the price increase on cigarettes and tobacco is going to lead to more counterfeit and smuggled products. (44″)

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08:23 What does the business community make of yesterday's Budget?

Over the past week we've been canvassing opinions and expectations about the Budget within the business community. (4′33″)

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08:27 Crowd packs Kaikohe hall for Aussie job recruiters

One of the criticisms targeted at the Budget by Labour was it does nothing to keep New Zealanders from moving to Australia. (3′22″)

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08:30 Markets Update for 25 May 2012

A brief update of movements in the financial sector. (45″)

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08:37 Sports News for 25 May 2012

An update from the team at RNZ Sport. (3′57″)

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08:41 Hilary Clinton admires NZ campaign for Security Council seat

The United States Secretary of State, Hillary Clinton, has told reporters that she admires New Zealand's campaign for a seat on the United Nations Security Council. (3′11″)

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08:44 Gwaze jury begins deliberations today

The jury in the retrial of former Zimbabwean vet, George Gwaze, will begin its deliberations today. (3′59″)

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08:48 Manu Korihi News for 25 May 2012

The Maori Party MP, Te Ururoa Flavell, says a police apology to the people of Ruatoki is a slap in the face for everyone involved in the Urewera raids of 2007; An Otago University Professor of Maori Studies, is highly critical of announcements in the budget for tertiary education; The director of a Maori anti-tobacco organisation says a big increase in cigarette prices will stress out already stretched families; The budget has delivered in cut for iwi radio - which was set up more than 20 years ago to promote the Maori language and local dialects. (3′32″)

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08:51 PNG deputy PM storms court

In Papua New Guinea the government and judiciary have been thrown into fresh turmoil after the country's deputy prime minister stormed into the Supreme Court and demanded the arrest of the nation's chief justice. (2′52″)

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08:54 Kiwi hiphop team goes global

That's Jennifer Lopez, who tonight will grace New Zealand television screens in the American Idol finale. (2′19″)

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08:57 Kerry-Anne Walsh with news from Australia

Let's have a chat to our Canberra correspondent Kerry-Anne Walsh. (1′54″)

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The Team

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Edited by Martin Gibson

email: morningreport@radionz.co.nz

The most authoritative and comprehensive coverage of local and world events to be found on morning radio happens from 6:00am to 9:00am every weekday on Radio New Zealand National.

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