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0609 NZ NEWSPAPERS
0611 MāORI NEWS
0616 NEWS STORY: DOLLAR - US move to bolster yen also helps NZ dollar but intervention doesn't alter NZ govt's plans to reconsider spending. I/v with ANZ chief economist Paul Stewart. (Karen Gregory-Hunt)
0620 RURAL NEWS DAIRY COMPANIES Dairy Group and Kiwi expected to announce agreement today that will see them join forces to process milk for export. (Kevin Ikin) CROWN PASTORAL LAND ACT passed, more than 3 years after introduction, reforms pastoral leases covering 2.5 million ha of South Island high country. Also speeds up tenure review under which farmers can freehold most productive leasehold land in return for giving up other areas for conservation. (Kevin Ikin) BEEF EXPO - shorthorn breed takes top prize for 3rd year running. head of Shorthorn Society, David Holmes, says it's sign of new breed to NZ coming in to illegible own. (Sarah Willis) HAND INJURIES - Meat NZ contracts Massery Univ's ergonomics programme to carry out research into preventing knife-induced hand injuries, bane of meat processing plants. (Catherine Harris) DAIRY SHARES - Marlborough Cheese and Tatua Dairy companies concerned about losing large percentage of value of companies if forced to sell Dairy Board shares back to Board but, following meeting, most of industry now supports companies being able to retain shares if they wish. (Catherine Harris)
0625 SPORTS STORY WORLD CUP SOCCER organisers embarrassed by thieves stealing 15,000 tikcets oand over $1 million from Paris office. Parisians seem lukewarm about Cup finals.
0630 NEWS/WEATHER
0636 NEWS STORY: CIVIL AVIATION - Pilots Assn says CAA's safety audit systems have been of concern for some years. Comment follows release of Transport Accident Investigation Commission's report into fatal United Aviation crash in Tararua ranges last year. Report strongly critical of CAA. Comment from CAA head Kevin Ward, Pilots' Assn president Noel Bamber, Labour MP Mark Gosche and aviation journalist Lex Bloxham. (Blair McLaren) illegible INTERNATIONAL PAPERS
0642 MANA NEWS TAINUI Trust Board hits back after recent barrage of bad publicity. MāORI ALL BLACKS - divided loyalties for family during international against Tonga.
0651 BUSINESS AND FINANCIAL NEWS: JAPAN - ECONOMY - US deputy Treasury Secretary Lawrence Summers arrives in Tokyo for crucial meeting to finalise policies to review Japanese economy. Bnaking reform widely expected to be at top of agenda. Comment from US banking consultant Burt Ely. (BBC) FINANCE/MARKETS MARKET REVIEW SUPERANNUATION - Infometrics report for savings and investment industry says bill for state-provided super will increase by around 200% if govt does nothing and next generation will carry the cost. (Bronwen Evans) DAIRY COMPANIES NZ Dairy Group and Kiwi expected to announce today they're combining export milk processing. Development is part of industry's preparation for export deregulation. (Kevin Ikin) SALARIES - INCENTIVES - Australian-based Equity Strategies says executive incentives getting more complex as companies seek real returns for big salaries. Edward Wright says modern share incentive packages not confined to top managers. BRITAIN - FINANCIAL SECTOR - govt moves to radical shake-up, sets up Financial Services Authority bringing together 9 independent organisations which previously supervised separate parts of sector such as banks, building societies etc. Ex-patriate NZer Philip Thorpe one of 3 managing directors - i/ved. (Gyles Beckford) AUSTRALIA - AMP SHARES - some investors screaming about prices they paid for shares in first wild moments on sharemarket, finger pointed at stock exchange's automated trading system.
0700 INTRO/NEWS AIR NZ jumbo jet has to abort flights across Pacific for 2nd time within 24 hours. Company blames engine trouble, plane same on forced to make emergency landing earlier in week after engine caught fire. Live i/v with spokesman David Beatson. CIVIL AVIATION - family of pilot Tim Thompson, whose death sparked report critical of CAA, says people should be concerned about way aircraft safety is checked. Transport Accident Investigation Commission critical of CAA for not illegible on concerns about United Aviation's safety systems. Live i/v with Tim Thompson's father, Mark Thompson; live i/v with air accident inspector Ken Matthews, in charge of investigation into Tim Thompson's accident. PRISON ESCAPE - some Muriwai residents leaving homes as armed police continue search for 4 dangerous escaped prisoners suspected of hiding in area northwest of AK. Live i/v with Snr Sgt Ian Campion. JAPAN - ECONOMY - will recovery caused by US intervention to shore up yen last? PM Hashimoto vows to review tax rates and clean up loans mess. I/v with correspondent Tony Boyd - does he believe US intervention will help get Japanese economy back on track? (Mng Rpt); is it fair to claim Japan has done nothing but persuade US to spend a lot money on its behalf? I/v with Bill Glasgall, "Businessweek". (Mng Rpt)
0730 NEWS/WEATHER/SPORTS NZ PAPERS FINANCE UPDATE MITSUBISHI CLOSES - last NZ assembled car produced this morning at Porirua plant, victim of import tariff cuts, falling sales and fluctuating exchange rates. Toyota, Nissan and Honda will also shut down plants this year. Live i/v with Porirua Business Development Society's Jim Wallace. AUCKLAND - METROWATER - AK City Council decides by 14 votes to 11 to keep controversial corporatised water company but opponents warn battle not over. Live i/v with reporter Eileen Cameron, with comment from Mayor Les Mills. AUCKLAND - SEWAGE - small ceremony by Manukau harbour today marks start of biggest environmental clean-up project ever undertaken in NZ. $324 million being spent to remove sewage oxidation ponds and return large part of harbour to marine recreation area, clean enough to swim and fish in. (Todd Niall) FERRY - historic steam ferry "SS Toroa" being raised from AK harbour this morning after sinking in storm at Birkenhead wharf 3 weeks ago. Live i/v with Mike Dimond, spokesman for Toroa Preservation Society. RUGBY - TEST between England and NZ at Carisbrooke tomorrow, first test since Carisbrooke's $7.5 million upgrade last year. Ticket sales slow at first but excitement is growing. (Graham McKerracher) DIABETES - researchers at Massachusetts Inst of Technology start preliminary clinical trials on technique using ultrasound wabes to allow fluids to pass through skin without needle. 40 people dependent on insulin injections being tested to see how effectively glucose can be drawn from under skin using ultrasound. (RTR)
0800 NEWS/WEATHER PRISON ESCAPE - police alert continues at Muriwai. Police suspect escapees from Paremoremo may be responsible for break-in at fire station in which 4 sets of tramping boots and wet weather gear taken. Live i/v with reporter Todd Niall. CIVIL AVIATION Authority welcomes inquiry into its performance being set up by Transport minister Maurice Williamson. Authority director Kevin Ward i/ved. (Mng Rpt); International Civil Aviation Authority in Montreal doesn't monitor performance of its members but says it is considering setting up worldwide monitoring programme. (Mng Rpt) ECONOMY - rollercoaster ride this week for dollar and interest rates, and govt preparing for any further downturns by considering spending cuts. Review of the week with Bankers Trust economist David Plank and chair of Chambers of Commerce, Michael Barnett. (Mng Rpt) SEA LION DEATHS - team of scientists leaves today for Auckland Islands to gather more information about cause of deaths. Tests by Massey Univ and overseas laboratories have failed to discover why more than 1600 perished in islands earlier this year. (Andrea Rush) INTERNATIONAL PAPERS LOST CHILDREN - British children forced to emigrate to NZ just after WWII share stories, many of them accounts of abuse, with House of Commons inquiry team. Live i/v with David Hinchcliff, head of Parliamentary select committee inquiry team.
0830 NEWS/SPORTS illegible - ENGLAND/NZ TEST - preview with commentators John McBeth and Keith Quinn. CHILDREN - TELEVISION - WN's Capital E exhibition centre running ON-TV children's programme, in partnership with Hutt Valley telecomms company Saturn. Programme winning praise from parents and teachers and Capital E wants to market product further afield. (Karen Gregory-Hunt) WEEKEND WEATHER MITSUBISHI CLOSES - Caitlin Cherry reports live from plant as last car is produced. FRIDAY FEEDBACK OZ SPOT - live i/v with correspondent Phil Kafcaloudes. (One Nation's "print more money" idea; Sydney rents/mortgages rise; Ross River fever)