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Morning Report for Tuesday 31 August 2010
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Top Stories for Tuesday 31 August 2010
6:00 AM.South Canterbury Finance to make announcement on it's future to stock exchange; financial commentary on Hubbard; construction sector on brink of collapse; Auckland residents fear higher fees for… Read more Audio
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Construction industry hit by downturn
6:11 AM.As many as twenty-thousand jobs could be lost from the construction industry, according to a new report from the Institute of Economic Research. Audio
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Greens say new Auckland CCO appointee's reek of old boys club
6:13 AM.The Green Party says the appointees to the boards of Auckland's new powerful council controlled organisations reek of a pakeha Old Boys club. Audio
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Pacific News for 31 August 2010
6:18 AM.The latest from the Pacific region. Audio
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Morning Rural News for 31 August 2010
6:22 AM.News from the rural and farming sector. Audio
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Waatea News for 31 August 2010
6:28 AM.News from the Waatea team. Audio
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Fate of South Canterbury Finance to be announced this morning
6:38 AM.The fate of one of the country's largest finance companies is due to be announced later this morning. Audio
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Morning Business for 31 August 2010
6:47 AM.News from the business sector including a market report. Audio
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SCF to make announcement on it's future to stock exchange
7:10 AM.In just over two hours the future of one of the country's largest finance companies could be decided. Audio
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Financial commentator on Hubbard
7:17 AM.We are joined by stockbroker and financial commentator Chris Lee. Audio
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Construction sector on brink of collapse
7:22 AM.A new report says the construction industry is on the brink of collapse and will shed twenty thousand jobs over the next 18 months. Audio
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Auckland residents fear higher fees for waste-water
7:26 AM.Auckland's water rates may be getting cheaper, but residents still don't know the long term cost of wastewater. Audio
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Auckland's Bird Cage tavern begins its move
7:28 AM.One of Auckland's oldest hotels is about to be moved to make way for a multi-million dollar motorway upgrade. Audio
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Investors in other Hubbard companies fear fall out from SCF
7:35 AM.South Canterbury Finance is working to avoid receivership, and is to announce what its calling a progress report in about two hours from now. Audio
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Thousands of operations post poned as medical staff strike
7:40 AM.Thousands of people around the country are expected to have their surgery cancelled or postponed in coming days, as radiographers and laboratory staff continue to take industrial action. Audio
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Sports News for 31 August 2010
7:45 AM.An update from the team at RNZ Sport. Audio
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Kiwirail signs $3m deal with IBM to make trains run on time
7:48 AM.Kiwirail has signed a three million dollar deal with the global technology giant, IBM, in an effort to get its trains running on time. Audio
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Report on IPCC says body must steer away from advocating policy
7:52 AM.A report on the UN Intergovernmental Panel on Climate Change, or IPCC, says the body must steer away from advocating policy or risk damaging its credibility. Audio
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Reports Pakistan may dump players accused of match fixing
7:56 AM.There are reports Pakistan may dump players caught up in the betting scandal revealed in a news of the world undercover investigation. Audio
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Timaru, Sth Canterbury communities hit badly by SCF problems
8:09 AM.South Canterbury Finance says its negotiating with a preferred bidder to provide the cash injection needed to keep the company afloat. Audio
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Forecaster - non residential construction on verge of collapse
8:15 AM.The Institute of Economic Research is predicting the construction industry will shed twenty thousand jobs in the next 18 months. Audio
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Banks relax conditions for home loans
8:19 AM.Banks are relaxing conditions for home loans, as they work to breath life back into the ailing residential property market. Audio
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Police move to defend protective vests after criticism in court
8:22 AM.The Police are rejecting criticisms of stab-proof vests, despite a senior officer telling a major trial that the armour was more of a hindrance than a help. Audio
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90 day trial not a"fire at will"order - law firm
8:25 AM.One of New Zealand's top law firms is warning employers that the ninety-day probation period is not a licence to fire at will. Audio
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Markets Update for 31 August 2010
8:29 AM.A brief update of movements in the financial sector. Audio
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Sports News for 31 August 2010
8:34 AM.An update from the team at RNZ Sport. Audio
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Health ministry panel faces neurosurgery campaigners
8:38 AM.Over a thousand Dunedin residents told the Health Ministry why neurosurgery services should be retained in the city at a public meeting last night. Audio
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Government looks at preventing wealthy receiving benefits
8:42 AM.The government's looking at introducing further ways to prevent wealthy people from receiving welfare benefits. Audio
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Waatea News for 31 August 2010
8:46 AM.News from the Waatea team. Audio
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Rise in motorbike deregistration since hike in ACC levies
8:48 AM.Motorcyclists say figures, showing a major increase in bikes being deregistered and taken off the road, is hard evidence that new ACC levies are too high. Audio
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Bones discovered in NSW's Belanglo State Forest
8:52 AM.A human skull and other bones has been discovered in the forest that was used by notorious Australian serial killer, Ivan Milat, to conceal the bodies of his victims. Audio
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U.S. Open begins under blue skies at Flushing Meadows
8:57 AM.Number five seed Robin Soderling has avoided becoming the first big casualty of the U.S. Open with a 7-5 6-3 6-7 5-7 6-4 first-round victory over Andreas Haider-Maurer. Audio