0600 NEWS/SPORTS/WEATHER
0609 NZ NEWSPAPERS
0611 MāORI NEWS
0616 NEWS STORY: NEIL KIRTON - NZ First caucus meeting this morning crucial for dissident MP. He may not wait to be expelled from party but may leave it today. Comment from Mr Kirton, Jenny Bloxham and United MP Peter Dunne. (Clare Pasley)
0620 RURAL NEWS FLOODS - WAIKATO farmers worst affected by floods could take up to 3 months to get back full use of land. Fed Farmers' Waikato vice president, John Vincent, says 17 of 70 farms affected by flooding have suffered serious disruption. (Kevin Ikin) illegible - lack of demand in main European markets and growing stockpiles of unsold frozen vension bring prices down to 5 year low, but one exporter says picture not as bleak as many are saying. (Kevin Ikin) SHARE MILKER - Northland dairy farmer Barry Barfoote, whose property is being picketed over sharemilking dispute, says he may sue Fed Farmers for damages. Police have enabled dairy company milk tanker to get onto his property but Mr Barfoote says he's had to dump thousands of litres of milk because of the Picket. (Lois Williams)
0625 NEWS STORY U.S. - WELFARE REFORM - experiment in Wisconsin lowers unemployment but at a social cost. Get-tough welfare policy, touted as possible model for NZ, has helped drop unemployment rate to 2%. (Judy Lessing)
0630 NEWS/WEATHER
0636 NEWS STORY: AUCKLAND AIRPORT SHARES - float heavily over-subscribed. State Owned Enterprises minister Tony Ryall i/ved about the float and whether similar privatisations will follow. (Bronwen Evans)
0639 INTERNATIONAL PAPERS
0642 MANA NEWS MāORI MIGRATION - scientists confirm migration was around 800 years ago and was planned. Māori lecturer add it wasn't all one-way traffic.
0651 BUSINESS AND FINANCIAL NEWS: AUCKLAND AIRPORT SHARES issued at $1.80 with many shareholders getting only minimum parcel of 556 shares because of heavy demand. Many brokers believe shares will list at around $2.00 but Phil Briggs, Equity Research, says investors shouldn't expect big premium; Don Turkington, Cavill white Securities, more upbeat, says in all privatisations politicians will always lean towards individual investors even though dividends won't be large, says float is shot in the arm. (Adam Hollingworth) FINANCE/MARKETS AUSTRALIA - TAX REFORM - federal cabinet expected to approve PM John Howard's long-awaited reform package. Lynchpin is broad-based goods and services tax. (Zandra Sharpe) BUSINESS BRIEFS
0700 INTRO/NEWS POWER FAILURE - supply to eastern Bay of Plenty restored overnight after Transpower reconfigured other available transformers from Far North. 9,000 people from Opotiki to Cape Runaway lost power when 2 major transformers blew up. Live i/v with Transpower spokesman Clive Bull; live i/v with Opotiki District mayor Donald Riesterer. COALITION - predictions that Neil Kirton will choose to remain in parliament as independent rather than NZ First MP, leaving govt without a majority. Govt has already had discussions with United MP Peter Dunne who's indicated he's prepared to shore up govt. Mr Dunne i/ved. (Mng Rpt); live i/v with Political editor Al Morrison. AUCKLAND AIRPORT SHARES - airport expected to list on sharemarket today at a premium. Live i/v with Economics correspondent Bronwen Evans.
0730 NEWS/WEATHER/SPORTS NZ PAPERS FINANCE UPDATE NORTHLAND wakes up to fine day after days of torrential rain and wettest July on record. 350 mls of rain fell in last 3 days. causing houses to be evacuated and road closed because of slips. State Highway 16 at Woodville to remain closed until next week because of major slip. Live i/v with Joe Askew, Whangarei District Council. PAPUA NEW GUINEA - TIDAL WAVE - authorities decide not to blow up parts of bar across Sissano lagoon, at centre of area devastated by tsunamis. Hundreds of bodies decoposing in lagoon but RNZI reporter Bruce Hill says for technical and cultural reasons the military won't blast open channels to let sea flush the area. Bruce Hill i/ved live. BRITAIN - CABINET RESHUFFLE sees several ministers sacked. Labour Party rules meant P< Tony Blair had to appoint members of shadow cabinet to new govt but now he heads team of his choice. (Keith Chalkley) SHARE MILKER - Northland farmer Barry Barfoote, whose farm is being picketed, refusing to release herd of cows owned by sharemilker, says he's holding them as security against legal costs he's owed. Protestors say sharemilker has been unfairly treated. Live i/v with Barry Barfoote; live i/v with picketers spokesman Bill Guest.
0800 NEWS/WEATHER POWER FAILURE - Transpower confident it can keep electrcity supply going in eastern Bay of Plenty until transformers are repaired. Andrew McRae reports live from Opotiki; how did people manage during blackout? Live i/v with farmer Gordon Goult and supermarket owner Ron White. AUCKLAND AIRPORT SHARES - AK local authorities now biggest shareholders in company, collectively holding 48% of shares. Live i/v with AK City deputy mayor David Hay and Manukau mayor Sir Barry Curtis. INTERNATIONAL PAPERS JAPAN - NEW PRIME MINISTER - new leader of Liberal Democrat Party, Keizo illegible, to be installed as PM and name his cabinet when parliament resumes on Thursday. Global markets looking him for action to pull Japan out of worst recession since WWII but does he have the answers? I/v with correspondent Tanya Katterns. (Mng Rpt) CAMBODIA - ELECTIONS - counting begins, up to 90% turnout. Both deposed co-premier Prince Ranariddh's FUNCINPEC party and ruling CPP of Second PM Hun Sen claim to be leading race for power. (Eric Fryberg) AUSTRALIA - TAX REFORM - final touches to package expected when cabinet meets today. Package includes GST, tax cuts, and abolition of other sales taxes. Live i/v with correspondent Michelle Grattan.
0830 NEWS/SPORTS MOTOR RALLY - Carlos Sainz wins Motor Rally of NZ, becomes most successful rally driver in history, 22nd world rally championship win. Live i/v with NZ driver Possum Bourne. RECREATIONAL FISHING Council decides to take part in managing salt water fishery which it says is in danger of depletion, believes recreational fishery could be lost if it and public don't get involved. Live i/v with president Bob Brustall. SKIFIELD operators hurting as July temperatures move into record highs. Lack of snow forces 8 Canty skifields to close while in North Island there hasn't been enough snow for fields to open. (Andrea Rush); live i/v with Hamish McPherson, Turoa skifield, and Devon Mackie, Powderhorn Chateau. AUSTRIA - MINE COLLAPSE - efforts to find 10 miners, buried underground for more than week, intensity after one of their colleagues was brought out alive. 24 year old Georg Hainzl in surprisingly good health after being trapped without food and water for 10 days. I/v with correspondent Louise Potterton.