Relief in sight for Australian winemakers, as China proposes ending crippling tariffs in exchange for suspending a dispute lodged with the WTO.

These tariffs were introduced in 2020, and contributed to a wine glut that created an oversupply of 2.8 billion bottles.

NZ Wine Chief Executive Philip Gregan says winemakers on this side of the Tasman are relieved for their Australian counterparts.

"We've been really feeling for our Australian colleagues, they've been enduring a very hard time. The actions taken by China have had a huge impact on their industry."

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Relief in sight for Australian winemakers, as China proposes ending crippling tariffs in exchange for suspending a dispute lodged with the WTO.
These tariffs were introduced in 2020, and contributed to a wine glut that created an oversupply of 2.8 billion bottles.
NZ Wine Chief Executive Philip Gregan says winemakers on this side of the Tasman are relieved for their Australian counterparts.
"We've been really feeling for our Australian colleagues, they've been enduring a very hard time. The actions taken by China have had a huge impact on their industry."
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

Philip Gregan: NZ Wine Chief Executive on China ending tariffs on Australian wine exporters

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.

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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

Philip Gregan: NZ Wine Chief Executive on China ending tariffs on Australian wine exporters

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