Ask to use material, get more information or tell us about an item
0600 NEWS/WEATHER
0609 NZ NEWSPAPERS
0611 NEWS STORY SHARE MARKET - NZ market predicted to fall when it opens this morning but not as badly as on Wall St over weekend. NZ's will be first market to open following record fall in US. (Mark Torley) ZIMBABWE - LAND INVASIONS - President Mugafe returns from visit to Cuba, refuses to order end to black invasions of white-owned farms despite murder of white farmer David Stevens. Land occupiers are mainly members of war veterans' association, leader Agrippa Gava says invasions will continue until al 1 white farmers are gone. Many farmers have already fled their homes because of illegible violence, some have gathered for meeting to discuss crisis. (BBC)
0620 RURAL NEWS DAIRY RESTRUCTURING - Fed Farmers' dairy section takes unusual step of calling emergency meeting to determine plan of action for restructuring dairy industry, probable delegates will be asked to vote on whether farmers should push for Dairy Board shares to go back to farmers. (Diana Leufkens) BEE PEST - Beekeepers Assn urges beekeepers to comply with MAF restrictions on hive and bee movements imposed on whole of North Island. Police have been called in to investigate 3 cases of beekeepers accused on breaching movement restrictions; Honey Advisory Council doesn't expect Varroa mite to have any impact on exports of honey and other hive products, although prices likely to increase if mite wipes out hives. (Kevin Ikin) BEE POLLINATION - AgResearch white clover breeder Chris Mercer has asked if bumbelbees and osmia bees could be bred in greater numbers for pollination purposes, but entomologist Dr Barry Donovan says it's unlikely bees other than honeybees could be reared in sufficient numbers to fix any future pollination problems. (Diana Leufkens)
0625 SPORTS STORY RUGBY - SUPER 12 - live i/v with commentator John McBeth re weekend's matches.
0630 NEWS/WEATHER
0635 NEWS STORY U.S. - IMF/WORLD BANK PROTESTS - at least 3 finance ministers unable to attend meetings of world financial leaders as thousands of protestors block roadways to prevent delegations getting through. Washing correspondent Bill Wax reports so far protests have been noisy but not violent. (Feature Story) INTERNATIONAL PAPERS MANA NEWS PRIVY COUNCIL - Māori law lecturer calls for South Pacific appellate court to replace Privy Council.
0650 BUSINESS NEWS U.S. - WALL ST FALLS - size and scale of falls on Dow Jones and NASDAQ indices may have been a shock but there's no doubt warning signs were there for some time, especially for the over-hyped technology sector. Comment from correspondent Richard Quest; where will it end? Comment from New York analysyt John Murphy. U.S. - INFLATION figure worse than expected, with March monthly headline rate at
0.8% and core rate at
0.4%, posing challenge to belivers in "new economy" of high growth, low interest rates, low inflation and raises likelihood of more aggressive rise in interest rates by Federal Reserve. omment from Bruce Steinberg, Merrill Lynch chief economist in New York. N.Z. MARKETS - managing director of Cavill White Securities, Don Turkington, doesn't think fallout from Wall St will be as severe in NZ, given there hasn't been same hysteria, but he's not expecting a good day. (Gyles Beckford) FINANCE/MARKETS WEEK AHEAD ECONOMIC FIGURES due tihis week, release of latest inflation figures and Reserve Bank's review of official cash rate. Consensus among economic forecasters is that CPI will rise by more than 3-quarters of percent for March quarter, giving annual rate of 1.8% but there appears to be even money on whether Reserve Bank will raise official cash rate. Live i/v with Bernard Hodgettsd, ANZ Bank chief economist. GLOBAL INVESTMENT COMPANY - backers of new fund in telecomms sector plan to stay clear of asset bubbles. US-based Massachusetts Financial Services and Australian broking firm Intersuisse in NZ promoting new investment company Tcom World. (Gyles Beckford) BUSINESS BRIEFS
0700 INTRO/NEWS U.S. - IMF/WORLD BANK PROTESTS - thousands of protestors in Washington DC try to stop meeting of IMF and World Bank have violent clashes with police in full riot gear. Demonstrations organised by Mobilisation for Global Justice which, among other things, calls for cancellation of debt repayments for poor countries. Live i/v with correspondent Bill Wax; how much impact have protestors had on IMF meeting? I/v with correspondent Richard Quest. (Mng Rpt) N.Z. SHARE MARKET - will it be sheltered from Wall St's fall? Live i/v with Ian Waddell, broker with Ord Minnett. AUSTRALIA - SHARE MARKET - anxious time for investors following Wall St's fall. "Australian Financial Review" economics correspondent Steve Koukoulos predicts rough day ahead. (Mng Rpt) ZIMBABWE - LAND INVASION - white farmer David Stevens abducted and killed by black war veterans. Neigbour John Osborne witnesses the murder, says situation out of control. I/v with correspondent Andrew Meldrum. (Mng Rpt) BEE PEST - several beekeepers under investigation for flouting restrictions on moving bees and hives. Whole of North Island declared controlled area by MAF because of discovery of Varroa mite. (Mary-Jane Aggett) illegible WEATHER/SPORTS NZ PAPERS FINANCE UPDATE CANCER SMEARS INQUIRY - 2nd week. I/v with Health correspondent Rae Lamb what emphasis will be this week. (Mng Rpt) GISBORNE COUNCIL ROW - mayor John Clarke says he's taking legal advice over demand to pay for 16 cases of wine and expensive dinner in London as part of Gisborne's Millennium celebration launch in Britain. Mayor and chief exec already criticised in Audit Office reports for spending $50,000 without council approval to stage London launch which they and their wives attended. Councillor Meng Foon says although payment later formally approved by council, bill for launch went way over budget and mayor and chief exec should pay extra out of their own pockets; live i/v with John Clarke. CONTRACEPTION - CATHOLIC BISHOP Patrick Dunn says he's not advocating young people should use contraceptives but is quoted in "Sunday Star Times" as saying if young people indluge in casual sex, they should protect themselves by taking "all the precautions they could". Bishop has already sparked controversy by offering cash handouts to help pregnant women keep babies rather than having abortion. Live i/v wiith Bishop Dunn. BEER AWARD - small Central Otago brewery, Wanaka Beerworks, beats off more than 200 entries form around world to win NZ International Beer Award. (Shona Geary
0800 NEWS/WEATHER U.S. - IMF/WORLD BANK PROTESTS - protestors block intersections around IMF HQ in Washington to try and prevent IMF delegates getting through to meeting. Police have barricaded several blocks of central city around IMF building. Protests organised by Mobilisation for Global Justice - live i/v with one of the leaders, Mark Weisbrot. ECONOMC FIGURES - as well as turmoil on Wall St, several other significant events this week for NZ economy. Live i/v with Economics correspondent Stephen Harris. TECHNOLOGY FLOATS - uncertainty on international share markets leads to nervousness among some internet companies about to list. In Britain, Yes TV delays 600 milion pound float and in US, Altavista postpones its float. In NZ, dot-com company E-Star, which was to have listed on local share market today, has put plans on hold. Live i/v with chief exec Matthew Derby. CREDIT LAW - REVIEW warns too many people signing up for loans without knowing what they're letting themselves in for. Consumer Affairs ministry releases 2 discussion documents as part of review of current consumer credit legislation. One issue being considered is how to make sure people who pay off loans early aren't hit with unfair fees. Comment from Consumers' Inst head David Russell, David Tripe of Massey Univ's Banking Centre and Keith Manch, ministry. (Veronika Meduna) POLICE SEARCH CASE - Dr David Small, Canty Univ education lecturer, suing Attorney-General for $300,000 in compensation and exemplary damages, claims police conducted unjustified search of his property in 1996 and only way he can get explanation is put them on witness stand under oath. Dr Small i/ved live.
0830 NEWS/WEATHER/SPORTS RUSSIA - PUTIN VISITS BRITAIN - president-elect Vladimir Putin arrives in Britain for first foreign trip since winning election, will hold talks with PM Tony Blair and have informal meeting with Queen Elizabeth. Mr Putin hopeful of warm welcome but issue of Chechnya threatens to cast cloud over trip. Live i/v with Britain correspondent Paul Chapman. INTERNET RETAIL - retailers concerned about costs of having to set up own internet sites in order to keep up with explosion of internet shopping in NZ. Some businesses still sceptical about e-commerce being real threat. (Corin illegible) DARGAVILLE RAILWAY - TranzRail re-opens branch line to town, first train arrives today. Line closed in 1998 after local dairy company closed down but growth of forestry in area has created enough log traffic for 2 trains a day between Dargaville and Waiotira. Live i/v with Kaipara mayor Graeme Ramsay. INTERNATIONAL PAPERS BLACK ROBINS - increase in numbers of endangered bird prompts Conservation Dept to set up 3rd sanctuary for it. Live i/v with DoC technical support officer for Chatham Islands, Hillary Aikman. OZ SPOT - live i/v with Phil Kafcaloudes. (Kosovo refugees update; Ruper Murdoch has prostate cancer; University of Melbourne survey found 50 percent of wome and 2/3 of men were overweight. (surveyed 10,000 people)