Heather du Plessis-Allan Drive

The third quarter of the US earnings season is still going on, and the tech and media industry has been taking a hit. Share prices for Amazon and Google have dropped down, by 7 percent and 10 percent respectively, but Meta's results showcase a 26 percent shares loss. Deborah Lambie from Milford Asset Management explained why Meta's shares are being impacted so hard. Slowing advertising speed, comp...

New Zealand's official unemployment rates remain unchanged at 3.3 percent. This is a near record low, but how long will these numbers stay the same?  Infometrics Principal Economist Brad Olsen explained that the market is still running quite hot, and the odds of these unemployment numbers going up are quite high.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Today on The Huddle: Ben Thomas from Capital PR and Jack Tame, host of Q&A and ZB's Saturday Mornings joined us to discuss the following topics- and more! Over in Gore, the mayoralty vote being close enough couldn't justify a recount. Former mayor Tracy Hicks didn't realise that, should the rules be overturned? Starship can't take $570k of race horsing money due to existing partnership obligat...

The Government has recently announced that they will be running affordability checks on 'Buy Now, Pay Later' schemes to ensure Kiwi consumers don't get themselves in debt.  The checks are said to kick in for loans over $600, and platforms like AfterPay and Laybuy (the biggest BNPL providers) will need to have a hardship process and belong to a disputes team.  Jake Lilley, FinCap Senior Policy Advi...

Gore's mayoralty is confirmed after a judge declined a request for a recount. Ben Bell has been confirmed in the top job, replacing Tracy Hicks, who lost the role by eight votes. Hicks says he's disappointed and surprised by the call. He says he's been told a close voting result isn't a good enough reason for a recount, which is news to him. LISTEN ABOVE   See omnystudio.com/listener for privacy i...

Rage in Taranaki after potholes have reopened on a main road one week after repairs were completed. State Highway 45 had been resealed and repainted at Tokaora, but the holes in the road still weren't fixed. South Taranaki Mayor Phil Nixon says it's unbelievable. "The whole thing is rough, there's hollows where they've dug out and repaired in the past that you still sort of rock through all sealed...

A charities law expert says it's advisable charities have a donations policy online. Horse breeder Mark Chittick says he was told Starship Children's Hospital couldn't accept his offer of $570,000 dollars, because it was associated with horse racing. The Starship Foundation says it's unable to accept all donations due to existing partnership obligations. Charities law expert Sue Barker, says guida...

A leading economist says house prices still have some way to drop because they're coming off a high base. The Reserve Bank's today released its twice-yearly Financial Security Report, predicting lending rates and household debt will continue to rise, and house prices keep falling. It comes on the same day Stats NZ figures show unemployment is stagnant at 3.3 percent. Kiwibank's Jarrod Kerr says ho...

Georgie Dansey, the Labour Party's candidate for the upcoming Hamilton West byelection was spotted at an ambush protest against Andrew Little. The TEU ambushed Andrew Little at a University of Waikato event where Andrew Little was announcing the contents of a spending package aimed at improving students' mental health.  Political editor Barry Soper shared his thoughts on this event and what it may...

Following Elon Musk's purchase of Twitter, people have been wondering about how to proceed with the platform. Top executives are leaving the platform, and Elon Musk has laid off many board members and plans on implementing more changes going forward. Left-leaning celebrities and advertisers are growing wary as well, as Elon Musk has made some concerning statements about what he plans to do with th...

The Black Caps played against England in the latest T20 match against England, and the result was underwhelming. The Black Caps ended up falling behind and losing to England by 20 runs. They could still bounce back in their upcoming match against Ireland on Friday, but tonight's result was a significant loss. D'Arcy Waldegrave, host of Sportstalk, broke down the disappointing results from last nig...

Pharmac has recently decided to re-evaluate their policy that paediatric cancer medication is automatically funded without an assessment.  Pharmac has always automatically funded all medicine used to treat paediatric cancer, and this policy has been in place since 2005. Patient Voice Aotearoa advocate Fiona Tolich doesn't approve that re-evaluating this policy is even up for discussion, and that m...

Over in the UK, computers and 3D machining robots have made perfect replicas of Greek marble sculptures. The computers have used the Greek marble statues taken from the Parthenon and recreated them perfectly with the robots crafting them. UK correspondent Josella Waldren explained what this technology could mean for the British Museum, as there has been some debate over whether or not they should...

Australia's Reserve Bank has lifted its cash rate by 25 basis points to 2.85 percent. The Central Bank says it remains resolute in its determination to get inflation back between 2 and 3 percent. HSBC Chief Economist Paul Bloxham explained that this rate hike was mostly expected, according to data from economists. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Country's Jamie Mackay recently had an opinion piece out in the New Zealand Herald about why this Government is so reviled by the rural sector. The piece described how Kiwi farmers have been responding to the Government in recent months, and how the latest emissions tax scheme has been poorly received. Jamie Mackay expanded on the piece further and share how the rural sector can stand up to th...

Today on The Huddle: We were joined by Ali Jones from Red PR and Tim Wilson from Maxim Institute to discuss the following topics- and more!  Farmers are trying to crowdfund to try save this station from being turned into carbon farming- is this a turning point? It was Melbourne Cup day today, did you watch it? What did you think? Te Whatu Ora chair Rob Campbell says he wants nurses to be on the gr...

The Chief Executive of NZ King Salmon has resigned effective immediately earlier today. Grant Rosewarne has been CEO there for 13 years and hasn't given any explanation for his departure so far. Pattrick Smellie from BusinessDesk explained why this may have happened, as Grant Rosewarne had been blamed for the elevated salmon deaths in Marlborough Sounds. LISTEN ABOVE See omnystudio.com/listener fo...

Mangaohane Station is currently up for sale, where the land is expected to be converted into carbon credit forestry.  Local farmers want to save Mangaohane Station and keep it as a functional piece of farmland, and they're crowdfunding to save the area from being bought out and used for trees. One farmer who wants to prevent Mangaohane Station from being sold for forestry is Derek Daniell, CEO of...

Auckland Transport says it's called for immigration changes to help address bus driver shortages. The organisation has removed nearly 1000 regularly cancelled services from its timetable. Mayor Wayne Brown today called it a public transport crisis and said AT, Waka Kotahi, KiwiRail and the Immigration Minister should move to an emergency footing to maintain services. AT's Richard Harrison says the...

A push to get overseas nurses moved onto the green list for immigration. Te Whatu Ora has decided against moving nurses around the country to help alleviate continued stress on emergency departments. But Board Chair Rob Campbell says an immigration fast track for overseas nurses would be helpful.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Earlier today, Prime Minister Jacinda Ardern attended an annual Hui in Auckland where security concerns were discussed.  Following the Hui, she spoke to the media about the problem New Zealand is having with disinformation, and how it's one of the biggest security concerns facing the nation. Political editor Barry Soper explained Jacinda Ardern's statements further. LISTEN ABOVE See omnystudio.com...

Over in Australia, an activist attempted to sabotage the 2022 Melbourne cup in the lead up to the event. This activist poured 1000 litres of oily sludge on the Flemington as a form of protest.  Murray Olds, Australian correspondent, joined us to explain what the activist was aiming to accomplish, as it was believed the activist was motivated by problem gambling. LISTEN ABOVE See omnystudio.com/lis...

The next T20 cricket match is scheduled for tonight, with New Zealand expected to face off against England. England had previously been expected to play against Australia last Friday, but the match was abandoned due to rain. D'Arcy Waldegrave, host of Sportstalk, joined us to explain that the weather won't be England's worst concern ahead of the match.  LISTEN ABOVE See omnystudio.com/listener for...

Will it be the weather that stops the race that stops the nation? The Melbourne Cup starts at 5pm our time, with rain, wind, and a top of 14 degrees predicted. 3AW sports reporter Jordan Tunbridge joined us from Flemington to talk about how the rain may impact the horses. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Over in the UK, the Government is facing pressure to address the worsening conditions at a migrant processing centre. Home Secretary Suella Braverman is under scrutiny for not processing the backlog of migrants currently housed, with more asylum seekers arriving by the day. UK correspondent Gavin Grey explained the worsening situation further. LISTEN ABOVE   See omnystudio.com/listener for privacy...