A sad day for Newshub staff with closure confirmed, and about 250 jobs lost.

Warner Bros. Discovery have told staff there's no planned deal 'at this stage' with third parties.

Newshub investigations reporter Michael Morrah says it's tough.

"It's a huge loss for the country and for democracy- and of course, it's devastating for us here at Newshub."

Newshub's newsroom, website and TV news will go offline on July 5.

LISTEN ABOVE

A sad day for Newshub staff with closure confirmed, and about 250 jobs lost.
Warner Bros. Discovery have told staff there's no planned deal 'at this stage' with third parties.
Newshub investigations reporter Michael Morrah says it's tough.
"It's a huge loss for the country and for democracy- and of course, it's devastating for us here at Newshub."
Newshub's newsroom, website and TV news will go offline on July 5.
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

Michael Morrah: Newshub investigative reporter on the 'devastating' loss of Newshub as closure confirmed

A potential insurance policy for those who can't move away from gas for energy, as the Government charges ahead with its plans for an importing facility. 

The terminal will be housed in Taranaki - with the Government aiming to have a build contract locked down mid-year.

It's imposing a levy to help pay for an import liquefied natural gas facility, which it says will save households $50 a year on power bills.

Mercury Chief Executive Stew Hamilton says New Zealand is running out of gas, faster than expected.

"We need to encourage consumers and households to get off gas, but not all forms of businesses, for example, can get off gas. So we need to come up with other forms of energy for them." 

LISTEN ABOVE

A potential insurance policy for those who can't move away from gas for energy, as the Government charges ahead with its plans for an importing facility.&nbsp;
The terminal will be housed in Taranaki - with the Government aiming to have a build contract locked down mid-year.
It's imposing a levy to help pay for an import liquefied natural gas facility, which it says will save households $50 a year on power bills.
Mercury Chief Executive Stew Hamilton says New Zealand is running out of gas, faster than expected.
"We need to encourage consumers and households to get off gas, but not all forms of businesses, for example, can get off gas. So we need to come up with other forms of energy for them."&nbsp;
LISTEN ABOVE

Stew Hamilton: Mercury Energy CEO on the Government's plan to build a new LNG import facility

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f4e10990-0481-4b2d-b9bb-b3ed0069dd35/transcript

A small West Coast town might be about to strike gold again.

Canadian mining company Rua Gold has discovered a 2.5 kilometre stretch of gold and other minerals at Auld Creek near Reefton - with plans announced to fast-track an underground mine.

The company aims to produce 60,000 ounces of gold annually by 2028.

Vice-president Simon Delander says they're also going after the antimony.

He explained that's a strategic mineral - and there's lots of interest in Japan and the US.

LISTEN ABOVE

A small West Coast town might be about to strike gold again.
Canadian mining company Rua Gold has discovered a 2.5 kilometre stretch of gold and other minerals at Auld Creek near Reefton - with plans announced to fast-track an underground mine.
The company aims to produce 60,000 ounces of gold annually by 2028.
Vice-president Simon Delander says they're also going after the antimony.
He explained that's a strategic mineral - and there's lots of interest in Japan and the US.
LISTEN ABOVE

Simon Delander: Rua Gold vice-president on the company's plan to expand over the West Coast

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b2184eb6-56b5-4252-bb08-b3ed00652497/transcript

The Justice Minister says his retail crime advisory group has been successful and productive.

It'll been cut short, ending in May - not the planned September - after three members resigned last month.

It leaves just two members, chair and dairy owner Sunny Kaushal and liquor retailer, Ash Parmar. 

Paul Goldsmith says he could have appointed more people for the next six months or wrapped it up early. 

"The simpler thing to do was say - look, you've got a couple of things you need to finish, you've got three months to do that and then we'll go off on our merry way. The Government's got lots of ideas to work with." 

LISTEN ABOVE

The Justice Minister says his retail crime advisory group has been successful and productive.
It'll been cut short, ending in May - not the planned September - after three members resigned last month.
It leaves just two members, chair and dairy owner Sunny Kaushal and liquor retailer, Ash Parmar.&nbsp;
Paul Goldsmith says he could have appointed more people for the next six months or wrapped it up early.&nbsp;
"The simpler thing to do was say - look, you've got a couple of things you need to finish, you've got three months to do that and then we'll go off on our merry way. The Government's got lots of ideas to work with."&nbsp;
LISTEN ABOVE

Paul Goldsmith: Justice Minister defends early end to retail crime advisory group

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/12b3b08e-f3cb-4c20-ab38-b3ed005a2629/transcript

Michael Morrah: Newshub investigative reporter on the 'devastating' loss of Newshub as closure confirmed

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