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News and Current Affairs.
Main Stories:
New Zealand corporates and companies are making a big impression on the Australian share markets following Roger Douglas’ deregulation of the economy; a seminar “Kiwi Conquest” has just been held in Sydney. Speakers: Colin Reynolds (Chase Corporation), Roger Douglas (Minister of Finance), Edna Carew (Financial Journalist), Richard Mews (Stockbroker), John Charrington (Stockbroker).
A report on the Mafia and Mafioso who dominate New York city.
A fire in the Sandoz chemical plant in Switzerland has damaged the ecology of the Rhine River.
A report on “full bodied” winemaking in Burgundy, France.
Erno Rubik has developed another mechanical puzzle, Rubik’s magic.
A report on children’s etiquette courses in the United States.
News Summary:
The two largest food producers in Australasia have announced a $3.4 billion merger. New Zealand’s Watties Industries and Australia’s Goodman-Fielder Ltd are forming an international food group to compete in world markets. Speakers: Cliff Lyon (Managing Director, Watties), Pat Goodman (Chairman, Watties and Goodman Fielder).
The arms for hostages deal with Iran scandal continues in the United States.
Philippines President Corazon Aquino is setting up a new cabinet after a coup attempt.
Sea rescue off Irish coast.
The Turkish consulate in Melbourne has been bombed.
Pop John Paul is celebrating mass in Canberra after finishing his hectic 48 hour tour of New Zealand.
The Government is about to reap a $7 billion windfall. As state departments are being made into corporations they are being made to buy their assets from the Government.
Doctors fear that a new type of health clinic being set up by a South Auckland trade union will lead the country into a two-tier medical system. The Government has approved plans by the Hotel and Hospital Workers’ Union to open its own subsidised health centre. Speaker: Dr Michael Cooper (Medical Association), Mark Gosche (Hotel and Hospital Workers Union).
The trial of the secretary of the Voluntary Euthanasia Society continued in the High Court in Auckland today. Leo Joseph Stack has denied counselling or alternatively inciting a woman to commit suicide.
A new Forest Services building was opened in Thames to day, just days after the announcement the forestry office there is to close.
Mike Tyson is the new and youngest ever world heavyweight boxing champion.
Finance news.