Morning Report

Friday 29 April 2016, with Guyon Espiner & Philippa Tolley

Not all audio is available due to copyright restrictions.

Top Stories for Friday 29 April 2016

6:00 AM.John Key faces awkward questions in the fallout over the Panama Papers. Rules around using Kiwisaver funds for home buying are being changed and HomeStart scheme given second chance.

Sports News for 29 April 2016

6:06 AM.An update from the team at RNZ Sport.

E Tu Union celebrates victory at Tiwai Pt

6:11 AM.Hundreds of smelter workers at the Tiwai Point aluminion smelter are in line for their share of a multi-million dollar payout.

Manus court decision has Canberra scrambling for solution

6:15 AM.The fate of 850 asylum seekers and refugees detained illegally on Papua New Guinea's Manus Island is uncertain after a PNG court struck a blow to Canberra's policy of sending its asylum seekers abroad.

Early Business News for 29 April 2016

6:22 AM.A brief update of movements in the financial sector.

Morning Rural News for 29 April 2016

6:26 AM.News from the rural and farming sector.

Farm at centre of an OIO inquiry

6:39 AM.The Prime Minister says the overseas buyers of a Taranaki farm in 2014 could be made to sell it if the Overseas Investment Office determines they are not of good character.

At least 27 dead in Syria hospital bombing

6:42 AM.At least 27 people have been killed in an airstrike overnight against a hospital in the Syrian city of Aleppo.

Z Energy will know today whether it can buy rival Caltex

6:51 AM.The fuel retailer, Z Energy, looks set to get the green light today to buy its rival Caltex for 785-million dollars.

RBNZ seen holding rates for a few years

6:53 AM.The Reserve Bank could end up leaving interest rates steady for the next three or more years.

FMA says Asian trade agreement increases investment options

6:55 AM.The Financial Markets Authority says a new Asian trade agreement will increase the number of investment choices for New Zealanders.

Social bonds unknown investment territory for NZ

6:56 AM.A fund manager says it remains to be seen whether social bonds will be a fit for wholesale investors in New Zealand.

Morning markets for 29 April 2016

6:58 AM.Wall Street is weaker after US economic growth fell sharply in the first quarter to the slowest pace in two years as consumer spending softened and a strong dollar continued to hit exports.

Sports News for 29 April 2016

7:07 AM.An update from the team at RNZ Sport.

Foreign land buyers have conviction for toxic waste leak

7:11 AM.Ripples from the Panama Papers continue to throw up awkward questions for the Government.

RNZ's political editor on latest into Panama papers

7:16 AM.Listening to that was RNZ's political editor Jane Patterson.

HomeStart scheme given second chance.

7:21 AM.The Government's KiwiSaver HomeStart scheme is about to be opened up to people who have already owned homes.

Three 'objectionable' Wicked campervans ordered off the road

7:28 AM.Three Wicked Campers vans have been ordered off the road by the chief censor.

Red Cross condems bombing of Syrian hospital

7:35 AM.At least 27 people are dead after an airstrike on a hospital overnight in the Syrian city of Aleppo, with the number of casualties expected to rise.

Little visits troops - but doubts remain

7:39 AM.Despite being opposed to the deployment of New Zealand troops to Iraq, the Labour Party leader, Andrew Little, says he is proud of the work the troops are doing.

A shakeup for the fire service is on the way

7:42 AM.A single national fire service is expected to be announced by the Government today.

Community on alert for Onehunga's young groper

7:46 AM.A young serial sex attacker linked to daylight gropings in Onehunga remains on the run this morning.

Ban on frameless toughened glass fast tracked

7:51 AM.A ban is being fast tracked on frameless toughened glass being used around decks and pools or as any type of balustrade because of safety fears.

Prince found to have prescription drugs

7:55 AM.New reports out of the US suggest Prince was found to have prescription drugs on him when he died last week.

Leicester City seeks to defy 5000:1 odds

7:57 AM.Calling Leicester City the underdogs doesn't go far enough to describe team's rise to the top of European football.

Sports News for 29 April 2016

8:07 AM.An update from the team at RNZ Sport.

Huge quake hits off Vanuatu

8:11 AM.There's been a magnitude 7.3 quake off Vanuatu. Tthe quake occurred just after 7.30 this morning and at a depth of 10 kilometres. RNZ International's Johnny Blades joins us.

Govt bowed to pressure from the foreign trust industry

8:13 AM.It's claimed the Government bowed to pressure from the foreign trust industry to leave its rules unchanged, despite warnings that the country's reputation could be harmed.

The Greens, The PM, his lawyer and a review of foreign trusts

8:17 AM.The Green Party Co-leader James Shaw has been listening to that.

Are there flaws in latest plans to cool the housing market?

8:23 AM.The Property Institute says the Government's latest idea to cool the housing market could have the opposite effect.

Northland Council defends dairy pollution stats.

8:27 AM.The Northland Regional Council's defending its track record in dealing with dairy pollution.

Markets Update for 29 April 2016

8:31 AM.A brief update of movements in the financial sector.

Lack of government guarantee could be holding up social bonds

8:37 AM.The Government's plan to use private investors to front up the cash for social services, rather than using tax payer money, may have hit a stumbling block, and it could be the lack of a government guarantee holding it up.

Future still unclear for asylum seekers and refugees

8:41 AM.The Australian government says it could take several months to resolve the future of the refugees and asylum seekers detained on Manus Island.

Wellington airport lodges resource consent

8:46 AM.Wellington Airport has formally applied for approval to lengthen its runway and opponents of the plan say they'll be fighting it all the way.

Stokes Valley residents want more police.

8:49 AM.Residents of a Lower Hutt suburb have launched a petition calling for a greater police presence after a spate of violent crimes in the area.

Tui take off in Canterbury

8:52 AM.Tui are making a dramatic comeback in the lowlands of Canterbury.

Kerry-Anne Walsh with news from Australia

8:56 AM.Let's have a chat to our Canberra correspondent Kerry-Anne Walsh.