Stock markets have rebounded and oil prices have dropped below yesterday's forecast, following recent comments from US President Donald Trump.

Trump indicated the war in the Middle East could be over 'very soon', and it's led to ripple effects across sharemarkets all over the world.

Matt Goodson from Salt Funds Management says it's unclear if the US can walk away from this conflict or if the Strait of Hormuz will reopen in time.

LISTEN ABOVE

Stock markets have rebounded and oil prices have dropped below yesterday's forecast, following recent comments from US President Donald Trump.
Trump indicated the war in the Middle East could be over 'very soon', and it's led to ripple effects across sharemarkets all over the world.
Matt Goodson from Salt Funds Management says it's unclear if the US can walk away from this conflict or if the Strait of Hormuz will reopen in time.
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

Matt Goodson: Salt Funds Management managing director on the markets fluctuating amid Middle East conflict

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/330e0ba7-d56d-44e7-a2cb-b409006b0cd7/transcript

Public health experts have noticed this latest Covid wave is worsening as fewer Kiwis are getting vaccination boosters and tests, and it's renewed debate about sick leave.

Wastewater analysis from PHF Science shows that the number of cases is at the highest rate it's been for over six months, and Health NZ says there's been 50 hospitalisations and 19 deaths from the virus this week.

Otago University associate professor Paula O'Kane says it's important to let sick leave accrue every year - and stay consistent as Kiwis move jobs.

"It would give people access to better sick leave, it might discourage misuse of sick leave, and when people are actually sick for a longer period of time, they're better covered. So it would really help to deal with issues around people's long-term illness, for example." 

LISTEN ABOVE

Public health experts have noticed this latest Covid wave is worsening as fewer Kiwis are getting vaccination boosters and tests, and it's renewed debate about sick leave.
Wastewater analysis from PHF Science shows that the number of cases is at the highest rate it's been for over six months, and Health NZ says there's been 50 hospitalisations and 19 deaths from the virus this week.
Otago University associate professor Paula O'Kane says it's important to let sick leave accrue every year - and stay consistent as Kiwis move jobs.
"It would give people access to better sick leave, it might discourage misuse of sick leave, and when people are actually sick for a longer period of time, they're better covered. So it would really help to deal with issues around people's long-term illness, for example."&nbsp;
LISTEN ABOVE

Paula O'Kane: Otago University associate professor calls for changes to be made to sick leave

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7cc95d56-a85e-4c53-ac22-b40a005afc49/transcript

There's predictions Heinz Wattie's won't be the last to shutter operations this year.

It's proposing closing three manufacturing facilities in Auckland, Christchurch and Dunedin, and packing operations in Hastings - with 350 jobs at risk.

It also plans to phase out sales of products including frozen vegetables, impacting growers.

The Employers and Manufacturers Association's Alan McDonald says others will go.

"We keep hearing rumblings of others getting ready to exit, significant-sized manufacturers as well as smaller ones. De-industrialisation's been happening, prompted by some very high electricity prices." 

LISTEN ABOVE

There's predictions Heinz Wattie's won't be the last to shutter operations this year.
It's proposing closing three manufacturing facilities in Auckland, Christchurch and Dunedin, and packing operations in Hastings - with 350 jobs at risk.
It also plans to phase out sales of products including frozen vegetables, impacting growers.
The Employers and Manufacturers Association's Alan McDonald says others will go.
"We keep hearing rumblings of others getting ready to exit, significant-sized manufacturers as well as smaller ones. De-industrialisation's been happening, prompted by some very high electricity prices."&nbsp;
LISTEN ABOVE

Alan McDonald: EMA Head of Advocacy on Heinz Wattie's shutting down at least three manufacturing facilities

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/69e8668b-9af8-48cc-b9f3-b40a00533345/transcript

The Public Service Commissioner says giving about 10,000 non-union primary teachers the option to accept pay offers has been a long time coming.

Sir Brian Roche today confirmed boards can make individual employment offers to non-NZEI teachers from today, after the union rejected three recent deals.

Education Minister Erica Stanford says they can get pay rises of up to 4.7 percent within 12 months.

Roche says in a normal course of events, he'd carry on NZEI bargaining as usual.

"We are still keeping going with them, but I got to the point where I could no longer justify withholding an offer."

LISTEN ABOVE

The Public Service Commissioner says giving about 10,000 non-union primary teachers the option to accept pay offers has been a long time coming.
Sir Brian Roche today confirmed boards can make individual employment offers to non-NZEI teachers from today, after the union rejected three recent deals.
Education Minister Erica Stanford says they can get pay rises of up to 4.7 percent within 12 months.
Roche says in a normal course of events, he'd carry on NZEI bargaining as usual.
"We are still keeping going with them, but I got to the point where I could no longer justify withholding an offer."
LISTEN ABOVE

Sir Brian Roche: Public Service Commissioner on the Government offering non-union teachers pay rises

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3714a1ce-41c7-4818-bad1-b40a004efc43/transcript

Matt Goodson: Salt Funds Management managing director on the markets fluctuating amid Middle East conflict

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