News and Current Affairs.
Main Stories:
Sacked Finance Minister Roger Douglas has claimed that he could have done a far better job than David Lange over the past year. At a large rally organised by Rogernomics supporters known as the “Backbone Club” Douglas promised to abide by the outcome of tomorrows Labour Party leadership vote, but said that the battle over issues would go on. Speaker: Roger Douglas (Former Finance Minister).
A special Eyewitness Poll shows that Lange is the preferred Labour Party leader amongst current Cabinet Ministers and between himself and Douglas. But Douglas is trusted more than Lange amongst most voters and remains the favoured Finance Minister.
Speculation remains about whether Mike Moore will stand in tomorrows leadership ballot. Speaker: David Caygill (Finance Minister).
David Caygill and Opposition Finance Spokesperson Ruth Richardson are interviewed about economic policy.
Other Stories:
Fears of more meatworks closures have been fuelled today by the huge $97 million loss announced by meat company Waitaki International. Speaker: David Lange (Prime Minister).
Local manufacturers say that jobs have been saved by the Government’s decision to retain the current level of tariff protection.
Two men have been charged in connection with Auckland’s latest armed hold-up. Meanwhile a hotelier was killed last night during a robbery on the North Shore, and two men are in custody in connection with an armed hold-up of the Tirau Post Office. Speaker: Brian Davies (Assistant Police Commissioner).
Fiji’s Cabinet is meeting tomorrow to discuss the critical issue of Sunday bans.
Vanuatu’s Parliament has begun proceedings to sack the country’s President.
Election results are coming through from Sri Lanka.
A National Unity Government has been formed in Israel and Yassir Arafat is in Europe seeking support for a Middle East peace plan.
Finance news.