Software stocks have taken a dive, and it's prompted concern among economists.

This follows a difficult month for the sector, with many of them seeing their shares drop by 40 percent as a result of AI.

Milford Asset Management's Michael Luke explained further.

LISTEN ABOVE

 

Software stocks have taken a dive, and it's prompted concern among economists.
This follows a difficult month for the sector, with many of them seeing their shares drop by 40 percent as a result of AI.
Milford Asset Management's Michael Luke explained further.
LISTEN ABOVE
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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

Michael Luke: Milford Asset Management expert on software stocks plunging

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/77cde85c-6497-4f37-9554-b3e700744df3/transcript

FIFA President Gianni Infantino is reportedly looking into lifting the governing body's ban on Russia.

Russian national teams and clubs were suspended from all competitions by FIFA and Uefa in February 2022, following the invasion of Ukraine.

UK correspondent Mike Pearse explained further.

LISTEN ABOVE

FIFA President Gianni Infantino is reportedly looking into lifting the governing body's ban on Russia.
Russian national teams and clubs were suspended from all competitions by FIFA and Uefa in February 2022, following the invasion of Ukraine.
UK correspondent Mike Pearse explained further.
LISTEN ABOVE

Mike Pearse: UK correspondent on FIFA President Gianni Infantino looking to lift Russia ban

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ee4b67fd-f3f2-432e-91f0-b3e7007acf76/transcript

The Government has launched a review into soaring home insurance costs - to take place over a six-month period.

This investigation comes as AA Insurance moves to pause new home insurance offers across the South Island.

NZ Herald Wellington business editor Jenee Tibshraeny unpacked what we can expect from this deep dive.

LISTEN ABOVE

The Government has launched a review into soaring home insurance costs - to take place over a six-month period.
This investigation comes as AA Insurance moves to pause new home insurance offers across the South Island.
NZ Herald Wellington business editor Jenee Tibshraeny unpacked what we can expect from this deep dive.
LISTEN ABOVE

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government's planned review into insurance premiums

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1c4b40ef-b0ad-464b-a50f-b3e700781b56/transcript

Reports from across the ditch that a historic State of Origin rugby league game in New Zealand is all but a done deal.

The Daily Telegraph's reporting that the New Zealand Government has paid $5 million to secure game two of the 2027 Origin series at Eden Park.

The money will come from the $70 million Major Events Fund, designed to attract big events to New Zealand.

Former Kiwis and Warriors coach Tony Kemp says this is a big deal for New Zealand - and the event will likely sell out.

"It'll be sold out within minutes - unless you know somebody, you probably won't get a ticket. I don't think people understand just how big State of Origin is down here."

LISTEN ABOVE

Reports from across the ditch that a historic State of Origin rugby league game in New Zealand is all but a done deal.
The Daily Telegraph's reporting that the New Zealand Government has paid $5 million to secure game two of the 2027 Origin series at Eden Park.
The money will come from the $70 million Major Events Fund, designed to attract big events to New Zealand.
Former Kiwis and Warriors coach Tony Kemp says this is a big deal for New Zealand - and the event will likely sell out.
"It'll be sold out within minutes - unless you know somebody, you probably won't get a ticket. I don't think people understand just how big State of Origin is down here."
LISTEN ABOVE

Tony Kemp: former Kiwis and Warriors coach on Eden Park reportedly hosting State of Origin game

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/835362bf-a0ee-402e-a1e5-b3e700723da1/transcript

Michael Luke: Milford Asset Management expert on software stocks plunging

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