Federated Farmers say some farmers feel like the Government has abandoned them two months after Cyclone Gabrielle.

An additional $23-million has been approved by the Government to help those affected, bringing the total to $78 million.

More than half of the 6,000 applications have already been approved, with $37 million so far paid out.

But Federated Farmers Acting Gisborne-Wairoa President Charlie Reynolds told Mike Hosking they need a lot more money.

He says every month that goes past without mass help, equates to another year of clean up.

LISTEN ABOVE

Federated Farmers say some farmers feel like the Government has abandoned them two months after Cyclone Gabrielle.
An additional $23-million has been approved by the Government to help those affected, bringing the total to $78 million.
More than half of the 6,000 applications have already been approved, with $37 million so far paid out.
But Federated Farmers Acting Gisborne-Wairoa President Charlie Reynolds told Mike Hosking they need a lot more money.
He says every month that goes past without mass help, equates to another year of clean up.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Charlie Reynolds: Federated Farmers say some farmers feel like the Govt has abandoned them two months after Cyclone Gabrielle

National's Nicola Willis is putting the rosier Government books - unveiled today - down to Kiwis' hard work, but won't say whether they'll be repaid a dividend in the form of tax cuts. 

Forecasts predict the next two years' deficits will be much smaller, and the 2028/29 surplus nearly $2 billion larger than earlier expected. 

But much of that improvement is down to income-tax bracket creep, and more revenue from GST and company tax. 

Willis says her focus is getting debt down, to buffer against any future shock.

"Those are National's budget responsibility rules - we have to deliver on those before we start dishing out the dividend." 

LISTEN ABOVE

National's Nicola Willis is putting the rosier Government books - unveiled today - down to Kiwis' hard work, but won't say whether they'll be repaid a dividend in the form of tax cuts.&nbsp;
Forecasts predict the next two years' deficits will be much smaller, and the 2028/29 surplus nearly $2 billion larger than earlier expected.&nbsp;
But much of that improvement is down to income-tax bracket creep, and more revenue from GST and company tax.&nbsp;
Willis says her focus is getting debt down, to buffer against any future shock.
"Those are National's budget responsibility rules - we have to deliver on those before we start dishing out the dividend."&nbsp;
LISTEN ABOVE

Nicola Willis: Finance Minister on the pre-election opening of the Government books

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/24f30bd8-593b-4f6a-a5d5-b4d400539e77/transcript

Economists are expecting the Reserve Bank of Australia to lift the OCR up again this evening.

A rise of 25 basis points is projected, meaning the OCR could go up as high as 4.60 percent.

Ahead of the announcement, Australian correspondent Murray Olds says this projected increase will put more pressure on the federal Government, especially in the eyes of homeowners.

LISTEN ABOVE

Economists are expecting the Reserve Bank of Australia to lift the OCR up again this evening.
A rise of 25 basis points is projected, meaning the OCR could go up as high as 4.60 percent.
Ahead of the announcement, Australian correspondent Murray Olds says this projected increase will put more pressure on the federal Government, especially in the eyes of homeowners.
LISTEN ABOVE

Murray Olds: Australian correspondent on whether the RBA is set to lift the OCR again

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d99ed7cd-f2a2-4c57-8d53-b4d400487166/transcript

Bill Gates is the latest big name in the tech sector to issue a warning about AI amid rising concerns.

Gates says the technology needs to be regulated and warns that AI can't keep going unchecked and that existing 'kill switches' aren't enough.

US correspondent Richard Arnold says Gates is calling for a better 'monitoring system' to stop AI from causing harm. 

LISTEN ABOVE

Bill Gates is the latest big name in the tech sector to issue a warning about AI amid rising concerns.
Gates says the technology needs to be regulated and warns that AI can't keep going unchecked and that existing 'kill switches' aren't enough.
US correspondent Richard Arnold says Gates is calling for a better 'monitoring system' to stop AI from causing harm.&nbsp;
LISTEN ABOVE

Richard Arnold: US correspondent on Bill Gates warning that AI growth can't keep 'going unchecked'

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/601ea22f-8047-436f-8305-b4d20163406d/transcript

Charlie Reynolds: Federated Farmers say some farmers feel like the Govt has abandoned them two months after Cyclone Gabrielle

In 1 playlist(s)

Best of Business

Social links

Follow podcast

Recent clips