0600 NEWS/SPORTS/WEATHER
0609 NZ NEWSPAPERS
0616 NEWS STORY: WEALTH SHARE - study by Massey Univ Economics professor Srikanta Chatterjee reveals 80% of households now share 7% less of nations's wealth than in 1983. Top 10% of households have increased share by 14% Prof Chatterjee i/ved. (A1 Morrison)
0620 RURAL NEWS PRODUCER BOARDS DEREGULATION debate at Fed Farmers conference ends without firm resolution from farmers on issue. Many seem unconvinced deregulation is necessary sacrifice for free trade. (Catherine Harris); deregulation also focus of conference in WN on regulation and marketing of primary produce. (Kevin illegible) illegible Industry Assn's confernce ends in AK with members looking at productive time ahead and protestors looking at locked doors. Comment from exec director Bob Diprose. (Diana Leufkens)
0625 SPORTS STORY
0630 NEWS/WEATHER
0636 NEWS STORY: PAPUA NEWS GUINEA - TIDAL WAVE - NZ tsunami expert Dr Alistair Barnett urges NZ authorities to learn from PNG's experience and face NZ's own tsunami risk. (Cushla Managh)
0639 INTERNATIONAL PAPERS
0642 MANA NEWS MāORI RADIO - developments next week which broadcasters hope will advance cause. NZ WARS - discussion on TV series continues.
0651 BUSINESS AND FINANCIAL NEWS: illegible AIRPORT SHARE issues looks set to deliver "mums and dads" result wanted by govt; Public issue closed heavily oversubscribed, with scaling back of large applications a certainty. (Gyles Beckford) U.S. FEDERAL RESERVE chair Alan Greenspan sends another shudder through Wall St, tells House Banking Committee that stock market will eventually suffer significant correction. (AAP) FINANCE/MARKETS MARKET REVIEW AUSTRALIA - TELSTRA - govt says it won't sell more than 49% for now. Govt had provoked backlash among its rural backbenchers when it proposed privtising its remaining 2-thirds share. (AAP) AUSTRALIA - INFLATION - low annual rate shows few singns of recent sharp fall in exchange rate. Figures point to continuation of current monetary policy. (Gyles Beckford) LOCAL GOVERNMENT - FINANCING - lawyer Martin Wiseman says local govt slow in taking advantage of new era of financing that's opened up to it. Law change on July 1 abolished need for govt approval for big projects and ending power of ratepayers to demand poll on proposal. (Adam Hollingworth) N.Z. DAIRY GROUP matches record milk payout to farmers for 97-98 season, pays suppliers margin of 51 cents per kilo of milk solids, overdairy Board's basic price of $3.00 (Kevin Ikin) BUSINESS BRIEFS
0700 INTRO/NEWS WEALTH SHARE - Massey Univ's Prof Srikanta Chatterjee finds gap between NZ's rich and poor is now one of the widest in world's developed economics. Four out 5 households now have smaller share of country's total income than they did 16 years ago. Live i/v with Economics correspondent Bronwen Evans; live i/v with Political editor Al Morrison; live i/v with Finance minister Bill Birch; live i/v with Labour's Finance spokesperson Michael Cullen; further live i/v with Al Morrison. PAPUA NEW GUINEA - TIDAL WAVE - aid workers still pulling bodies from sea, many of them children. PNG now appears to have "lost" a generation. Living face threats of disease, homelessness and hunger. (Cushla Managh); i/v with Dr Meno Sveare, surgeon at Raihu field hospital at Aitape. (Mng Rpt)
0730 NEWS/WEATHER/SPORTS NZ PAPERS FINANCE UPDATE U.S - DOW INDEX having another rocky day, falls 105 points as markets digest Federal Reserve chair Alan Greenspan's warning that inflation remains risk to economy. Live i/v with correspondent Patrick O' Connell. MIDEAST - PEACE PROCESS - Israel calls on US to try to rescue peacemaking process after talks with Palestinians collapse. Live i/v with "Jerusalem Report" editor David Horovitz. AUCKLAND AIRPORT SHARES - airport could have up to 150,000 small owners, a new experience for NZ airports, with councils in partnership investors. (Eric Frykberg) GANG FUNDS - govt move to scrap funding to community groups with links to criminal gangs angers those who work with patch members in youth aid programmes. Comment from Associate Social Welfare minister Nick Smith, Youth Court judge David Carruthers, Stephanie Cooke of WN City Council, and lawyer Marie Dyrhberg. (Caitlin Cherry); live i/v with Robert Te Whare, Mokai Kainga Māori Centre.
0800 NEWS/WEATHER WEALTH SHARE - live discussion on Prof Chatterjee's study with BERL economist Kel Sanderson, FINSEC secretary Paul Goulter and Peter Townsend, chief exec of Canty Employer's Chamber of Commerce. PAPUA NEW GUINEA - TIDAL WAVE - PM Bill Skate annouces changes to relief effort, co-ordination of flights, supply delivery and flow of information passes from state emergency controllor to police. I/v with Mr Skate's press officer Chris Hawkins; live i/v with RNZI reporter Bruce Hill at Vainamo with illegible Army medical team. INTERNATIONAL PAPERS SUPERANNUATION - govt criticised from both sides of House for putting off decision on super portability for Pacific Islands. Comment from MPs Arthur Anae, Philip Field, and Don McKinnon, Pacific Island Affairs minister. (Clare Pasley) TREATY OF WAITANGI - details released of Derek Quigley's private member's Bill setting deadlines on settling treaty claims and establishing council to improve race relations. Derek Quigley says Bill would see full and final settlement of all claims to Tribunal by 2010. Māori Affairs minister Tau Henare questions whether there's a hidden agenda; live i/v with Derek Quigley.
0830 NEWS/SPORTS WEALTH SHARE - reporter Kiri Coughlan visits homes of some of those who are now finding it harder to work way into middle class wage band. OBITUARY - ALAN SHEPARD, first Americant to fly in space, dies at age of 74. Live i/v with astronomer Sir Patrick Moore about Shepard's contribution to space travel. PRISONS - govt's decision to build more prisons rather than invest in keeping people out of jail criticised by British researcher Andrew Coyle, International Prison Studies Centre. He's i/ved live. CAMBODIA - ELECTION - concern elections will be marred by fraudulence and fears by opposition parties that security forces of strongman Hun Sen will intimidate voters. I/v with correspondent Caroline Gluck. FRUIT AND VEG REPORT with Jack Forsythe.