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Morning Report for Tuesday 3 November 2015
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Japanese galloper the favourite in today's Melbourne Cup
8:54 AM.A Japanese galloper appears to be the one to beat in this afternoon's Melbourne Cup. Audio
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Council hoping to claw back costs of failed subdivision
8:49 AM.The Whangarei mayor Sheryl Mai says her council is hoping to claw back at least some of the costs of a failed subdivision that's lumbered the ratepayers with a huge repair bill. Audio
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Commercial fishermen says new campaign alarmist propaganda
8:43 AM.A commercial fisherman operating from the North Island town of Raglan says a conservation group is using alarmist propaganda to highlight the plight of dolphins. Audio
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Operation Katipo underway in the South Island.
8:40 AM.Imagine this - a rebel militia has seized political power, there are protests on the streets, a giant refugee camp in the Marlborough Sounds and New Zealand's navy, soldiers and air force have been… Read more Audio
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Multi-million dollar injection for Maori boarding school
8:36 AM.Hawke's Bay's Te Aute College is making plans for multi-million dollar makeover after receiving a welcome financial boost from local iwi. Audio
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Markets Update for 3 November 2015
8:31 AM.A brief update of movements in the financial sector. Audio
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PNG Government looks to slash spending as revenue collapses
8:28 AM.Economists are warning Papua New Guinea faces a collapse in government revenue of historic proportions. Audio
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Govt asking question - "What is education for?"
8:24 AM.The law that dictates our education system does not clearly state what New Zealand's education goals are. Audio
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Climate change likely to cut snow seasons
8:20 AM.Skiiers and snowboarders could be feeling the heat from global warming as soon as 2040 with rising temperatures reducing snow fall and likely to reduce the length of ski seasons. Audio
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Mental health advocate 'extremely' concerned
8:16 AM.A long-time mental health advocate says it is extremely concerning the police are being required to deal with mental health patients when it is not their job. Audio
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Banking sector faces criticism as profits reach record highs
8:10 AM.The country's biggest banks have been accused of creaming it, as their profits soar. Audio
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Rimutaka rail tunnel celebrates 60th Anniversary
7:55 AM.One of New Zealand's engineering marvels is 60 years old today. Audio
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TAB preparing for big Melbourne Cup spend
7:50 AM.The excitement of the Rugby World Cup doesn't appear to have dampened New Zealanders' enthusiasm for the Melbourne Cup. Audio
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Review asks: what is education for?
7:47 AM.The government has begun a review of the Education Act and it is asking the most fundamental question of all - what is education for? Audio
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Dotcom says 'rotten' evidence used at extradition hearing
7:42 AM.Kim Dotcom's defence has come out swinging at the internet entreprenuer's extradition hearing, accusing prosecutors of presenting "rotten" evidence. Audio
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Investigations continue into downed Russian plane
7:38 AM.Investigations continue into what caused a Russian passenger jet to crash in Egypt. Audio
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Bank profits hit a record high
7:25 AM.Bank profits have hit a record high - and there are few signs of retreat. Audio
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Work and Income 'battered beneficiaries' list growing rapidly
7:22 AM.The number of beneficiaries telling Work and Income they're victims of domestic abuse is growing rapidly. Audio
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RWC pub punters generally very well behaved
7:18 AM.Bars are hailing the success of extending drinking hours for the Rugby World Cup and say it shows licencing laws should be relaxed. Audio
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Police struggling to cope with mental health patients
7:13 AM.Listening to that was the Police Association chief executive Greg O'Connor. Audio
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Police inundated with calls on mental health issues
7:10 AM.Police officers are having to deal with more than a hundred cases a day involving what they term acutely distressed mentally ill people. Audio
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Morning markets for 3 November 2015
6:58 AM.Wall Street is higher today after factory activity data came in slightly above expectations. Audio
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China, Japan, Sth Korea talk new trade group
6:57 AM.In the alphabet soup that characterises the global trade sector, a new acronym is emerging - C-J-K. Audio
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Abano Healthcare says its first half earnings may fall
6:56 AM.Medical and dental businesses operator Abano Healthcare says its first half earnings may fall as much as 14 percent because of the slowing Australian economy. Audio
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Co-operative money businesses quietly thriving
6:53 AM.And while the focus has been on the record billions earned by the Australian-owned banks, there's a small band of local minnows operating in the sector -- the credit unions and mutual building… Read more Audio
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Analyst on bank results
6:52 AM.And staying with banking, it's been a bumper profit season for the country's top four banks, who reported record profits worth around 4-point-5 billion dollars profit between them. Audio
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Westpac NZ sees strong growth in business lending
6:50 AM.Westpac New Zealand says falling interest rates, a weaker economy, lower dairy prices and increasing competition for digital customers is keeping it under pressure. Audio
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WiNZ list of battered beneficiaries is getting longer.
6:43 AM.The number of beneficiaries telling Work and Income they're victims of domestic abuse is up 50 percent. Audio
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Police mental health calls are a budget issue- Labour
6:39 AM.The police are dealing with more than one-hundred cases every day involving what they call acutely distressed mentally ill people. Audio
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Early business news
6:20 AM.Our business reporter Jonathan Mitchell is in, with what's happening in the financial world, and it sounds like you have a lot on banking today. Audio
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Japan's RWC success a boost ahead of next tournament
6:16 AM.England 2015 is done and dusted but the outbreak of rugby fever which swept Japan in recent weeks means the country is already looking forward to hosting the 2019 tournament. Audio
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Australian anti-republicans unhappy
6:13 AM.Anti-republicans in Australia have railed against Prime Minister Malcolm Turnbull's decision to ditch knights and dames Audio
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Kremlin not ruling out a terrorist attack on plane
6:09 AM.The Russian airline whose plane crashed in Egypt's Sinai (SIN-eye) peninsula with the loss of two-hundred-and-twenty-four lives, says "an external influence" was the only possible reason for the… Read more Audio
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Top Stories for Tuesday 3 November 2015
6:00 AM.Police are dealing with a huge increase in people with serious mental health problems. We ask what's happening and why? Bars declare extended the drinking hours for the Rugby World Cup a success, and… Read more Audio