A Wellington City Councillor believes Government intervention is necessary.

Councillors have met urgently this afternoon to discuss changes to the city's Long Term Plan.

The budget needs revision after the Council backed out of selling its airport shares, leaving a funding hole worth hundreds of millions of dollars.

Mayor Tory Whanau will talk with Local Government Minister Simeon Brown tomorrow.

Diane Calvert says she thinks they need a facilitator.

"It's taken us two years for this to sort of come to a boiling point, but we've seen it building up over a time." 

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A Wellington City Councillor believes Government intervention is necessary.
Councillors have met urgently this afternoon to discuss changes to the city's Long Term Plan.
The budget needs revision after the Council backed out of selling its airport shares, leaving a funding hole worth hundreds of millions of dollars.
Mayor Tory Whanau will talk with Local Government Minister Simeon Brown tomorrow.
Diane Calvert says she thinks they need a facilitator.
"It's taken us two years for this to sort of come to a boiling point, but we've seen it building up over a time."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Diane Calvert: Wellington City Councillor says the Government needs to step in and intervene

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f40cef54-c590-415b-9c85-b20b0059e223/transcript

Unemployed people living with obesity in the UK could receive weight-loss jabs to help get them back into work.

Health Secretary Wes Streeting has announced a £280 million investment from pharmaceutical giant Eli Lilly to develop new treatments to combat the rising obesity epidemic. 

UK correspondent Gavin Grey says illnesses relating to obesity cost the NHS billions every year - with negative outcomes set to impact the economy.

LISTEN ABOVE

Unemployed people living with obesity in the UK could receive weight-loss jabs to help get them back into work.
Health Secretary Wes Streeting has announced a £280 million investment from pharmaceutical giant Eli Lilly to develop new treatments to combat the rising obesity epidemic.&nbsp;
UK correspondent Gavin Grey says illnesses relating to obesity cost the NHS billions every year - with negative outcomes set to impact the economy.
LISTEN ABOVE

Gavin Grey: UK correspondent on the UK Government giving unemployed people weight-loss jabs to get them back to work

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4de3dccc-e32e-4e3b-8e02-b20b00813c67/transcript

As the world's ageing population is expected to grow over the coming decades, investors have turned their attention to vision care.

As people get older, the need for corrective lenses and treatment goes up - meaning investors are looking to take advantage of increased demand.

Milford Asset Management analyst Deborah Lambie reveals the companies that stand to benefit from this.

LISTEN ABOVE

As the world's ageing population is expected to grow over the coming decades, investors have turned their attention to vision care.
As people get older, the need for corrective lenses and treatment goes up - meaning investors are looking to take advantage of increased demand.
Milford Asset Management analyst Deborah Lambie reveals the companies that stand to benefit from this.
LISTEN ABOVE

Deborah Lambie: Milford Asset Management analyst on investors turning towards vision care amid ageing population boom

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c63cdc71-6780-4b03-85d2-b20b007e1eaa/transcript

The Accident Compensation Corporation concedes there’s room for it to tighten its processes, as it proposes increasing the levies it charges to help pay for rising claims costs.

ACC said, in its just-released annual report, that “lower-than-expected rehabilitation performance” contributed towards it reporting a wider-than-expected $7.2 billion deficit in the year to June.

In the previous year, it reported a $911 million surplus.

NZ Herald Wellington business editor Jenee Tibshraeny unpacked the factors behind the deficit - and examined how the insurer could turn things around.

LISTEN ABOVE

The Accident Compensation Corporation concedes there’s room for it to tighten its processes, as it proposes increasing the levies it charges to help pay for rising claims costs.
ACC said, in its just-released annual report, that “lower-than-expected rehabilitation performance” contributed towards it reporting a wider-than-expected $7.2 billion deficit in the year to June.
In the previous year, it reported a $911 million surplus.
NZ Herald Wellington business editor Jenee Tibshraeny unpacked the factors behind the deficit - and examined how the insurer could turn things around.
LISTEN ABOVE

Jenee Tibshraeny: NZ Herald Wellington business editor on the Accident Compensation Corporation reporting a $7.2 billion deficit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0b3c25e6-59fd-414e-829b-b20b007be026/transcript

Diane Calvert: Wellington City Councillor says the Government needs to step in and intervene

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