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**** CKPT FOR WED 1 OCT2008
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1700 to 1707 NEWS
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ECONOMY-DEAL:The global credit crunch has derailed a 220 million dollar corporate deal aimed at revitaqlising the struggling NZ meat industry. The rural services firm PGG Wrightson has been unable to get the money it needs to buy a half stake in the meat processor Silver Fern Farms. PGG chairman Craig Norgate says the banks' refusal is a sign of the times, and he will know by the end of the week whether the deal with Silver Fern Farms can go ahead but commentators say it's looking unlikely. CUTS
NZ-ECONOMY: The sharemarkets around the world moved off the panic button today as they followed Wall Street which snapped back overnight. Here the benchmark NZX 50 recovered yesterday's losses. But one local financial advisor is warning it's not over yet. Patrick Jackson says the markets are now in what he calls capitulation. PREREC
US-ECONOMY: In the United States the Senate has agreed to vote tomorrow on a revamped version of the 700 billion US dollar bailout plan that was rejected by the House of Representatives yesterday. Here's the BBC's correspondent, Jonathan Beale. PREREC
AUCKLAND-PARTS: A distressed family has spoken today of the shock of finding out that parts of their baby's body had been kept by the Auckland District Health Board by mistake. Four day old Lazariah Mar had some of his heart tissue removed during surgery in August but died after the operation. A month later they received a letter saying the DHB still had some of his remains. Here's grandmother Mere Ngakoti. PREREC
Meanwhile the Auckland District Health Board has released a statement saying it appologises, and is working with the family.
AUCKLAND-CRIME: South Auckland police say they're worried people as young as 16 are walking the streets drunk and armed with knives, following a brawl at a liquor store. They say the fight yesterday evening in Otara began when the store owner confronted a man he suspected of shoplifting. Dectective Senior Sergeant Dave Pizzini joins me now. LIVE
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BUSINESS NEWS
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WAITANGI: There's been a steady stream of New Zealand families visiting Waitangi today - and for the first time in 71 years, there's been no entry fee. The Waitangi National Trust, which runs the historic site, removed the twelve-dollar charge this morning - and held a breakfast to celebrate. Lois Williams was at the event: PKG
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17.30 HEADLINES
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POLITICS-CRIME: The National Party is accusing the Government of having its head in the sand over the level of violent crime recorded in the latest crime statistics. Both the police and the Government say a jump in the level of violent crime recorded in the latest figures is down to a surge in domestic violence offences. Penny Smith reports. PKG
CHCH-MISSING: Christchurch police are stepping up their enquiry into the disappearance of a woman who has now been missing for a week. 28 year old Tisha Lowry was last seen around midday last Thursday and was reported missing to police on Sunday. Detective Senior Sergeant Virginia Le Bas joins us now. LIVE
EDUCATION-PPTA: The PPTA says plans by both Labour and National to keep more young people in school or training are creating considerable nervousness among schools. The union today welcomed an announcement by the Labour leader, Helen Clark, that a review of staffing will be carried out to ensure schools are able to handle greater numbers of students. Our education correspondent, Gael Woods, reports. PKG
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WAATEA NEWS
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SOMALIA-HIJACK: The tense standoff between the United States Navy and Somali pirates who hijacked a ship laden with tanks and heavy weapons has escalated into a shootout. The pirates have denied reports that they've turned on each other leaving three of them dead. The ABC's Emily Burke reports : PKG
HUNTING-DEER: The Department of Conservation is asking hunters to stop a deer hunting practice which could put human lives at risk. In the past two weeks residents in Queen Charlotte Sound say hunters on boats have been spotlighting to track deer, then shooting at the foreshore to target feeding deer. DoC's Sounds area manager, Roy Grose, says spotlightlighting poses a real risk to bystanders. PREREC
AUCKLAND-FATAL: The children of Austin Hemmings have spoken at his funeral, saying their father was a good samaritan and paid the ultimate sacrifice in giving his life. The Auckland man was fatally stabbed outside his city centre workplace last week, And this afternoon around a thousand people bid him farewell. Ben Brown was there. PKG