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Episodes
  • Kay Oliver: UK Correspondent on the conflict between the Tories and Labour over unemployment plans
    Nov 26 2024

    The UK’s Tory party is accusing Labour of stealing their ideas around unemployment resolution.

    Labour MP Liz Kendall says that her party intends on generating new jobs and an employment scheme, while her counterpart Helen Whately said that is her party’s idea repackaged.

    This comes as youth unemployment is at 14.8%, up 12% from last year.

    UK Correspondent Kay Oliver told Ryan Bridge that Kendallsaid the scheme her party is designing intends on getting people off benefits, getting them employed and making it easier to find work.

    She says the Tories are complaining that Labour has had 14 years to come up with their own plans and they think it is quite rich for them to steal what they see as their own unique ideas.

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    3 mins
  • Michael Barnett: Former Auckland Business Chamber CEO on the death of Nikki Kaye
    Nov 26 2024

    Nikki Kaye is being remembered as a strong voice for the Auckland Central electorate.

    She died on Saturday aged 44 from cancer.

    Kaye served as Auckland Central MP from 2008 until 2020.

    She was also a cabinet minister and briefly deputy leader of the National Party.

    Former Auckland Business Chamber Chief Executive Michael Barnett told Ryan Bridge she took the seat as a young liberal.

    He says she was quite happy to have a different opinion around transport, where a port should go, or the LGBT community and same sex marriage.

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    4 mins
  • Mike Jones: BNZ Chief Economist on the predicted cuts to the OCR
    Nov 26 2024

    The Reserve Bank is widely expected to cut the Official Cash Rate today from 4.75% to 4.25%.

    It was cut by the same margin in October.

    ANZ's already cutting most of its home loan rates ahead of this afternoon's decision.

    BNZ Chief Economist Mike Jones told Ryan Bridge he can see some of the logic for a 75 basis point move.

    But he says those big moves tend to be reserved for crisis situations, and we're not in one of those.

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    2 mins

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