Early Edition with Kate Hawkesby

New research is coming out about how much tax New Zealand's rich are paying. The Inland Revenue report will estimate the effective tax rate of the wealthiest families, taking into account their full economic income, rather than just taxable income.  Deloitte Tax Partner Robyn Walker told Kate Hawkesby it's expected to show they're paying tax rates that are lower than marginal tax rates. But she says Treasury is also releasing their report on tax rates of the average New Zealander and expects that to say a large section of that population is also paying below marginal tax rate. LISTEN ABOVESee omnystudio.com/listener for privacy information.

UK diplomats and their families have been evacuated from war-torn Sudan. Fighting broke out two weeks ago between Sudan's national army and rival paramilitary group, the Rapid Support Forces. The two sides have been sharing power since a coup in 2021, but there's been disagreement about how to lead the country. UK correspondent Gavin Grey told Roman Travers that the UK nationals living in Sudan remain in the country. He says they feel abandoned by the British Government, being left there with no power and limited food and water. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Some principals begin a two month work ban this morning over a recent pay offer. Those working in primary and area schools will pause the work they do with the Education Ministry, including all work outside of 8am to 5pm weekdays, apart from board meetings. NZEI President Mark Potter says this is about sending a message. He says they need action from the Ministry, because the Ministry needs principals. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Modified technology from the wine industry could potentially save hundreds of thousands of lives every year. New Zealand researchers are developing a medical device in the hopes of preventing about 1.5 million deaths annually caused by surgical complications. Auckland University's Surgical and Translational Research Centre director and professor John Windsor says there's no easy way of measuring oxidative stress; a feature common in many diseases. But he says pilot clinical studies show this technology enables it to be accurately measured at the patient's bedside. Windsor says the challenge is now making the equipment easy to use. LISTEN ABOVESee omnystudio.com/listener for privacy information.

There's never been a more important time to introduce a stringent bonding policy to encourage qualified Kiwi's to remain in New Zealand.  From July first this year, New Zealanders who've been on the Special Category Visa and who've lived in Australia for at least four years, will be able to gain Australian citizenship.  The most ironic outcome from the new immigration policy announced for Australia last week, is that our very own prime minister has become an advocate for more of our highly qualified citizens to make the move across the Tasman. Prime Minister Chris Hipkins is quoted as saying that it's a blimmin' good day for Kiwis living in Australia.  You may blimmin' well be right Chris, but it doesn't take the leader of a country to realise that it's also not so blimmin' fantastic for people contemplating whether or not they’ll stay here.  Perhaps he should've added to that sentence: dear Australia, please let us know if there's anything else we can do to make your lives easier, including not having to tra

I doubt that many of us will ever forget the protest action that took place for three weeks on the grounds of Parliament that began in February last year, lasting 23 days.  Apart from the Springbok tour protests back in 1981 that lasted 56 days, I’ve not seen that level of barbaric, dishevelled and uncivilised behaviour in our society before.  The protest in Wellington last year was hard to watch and even harder to stop watching.  I’m hoping I never see it again, but given the false prophets that maraud maliciously amongst the vulnerable through the internet and organisations claiming to be churches, the reality is likely to be different.  The 200 page Independent Police Conduct Authority report that was released yesterday shows that the police handled the situation well faced with extreme provocation.   I wonder how many police have rethought their career, given the very poor direction given by senior staff who took too long to decide the best plan of action, tip-toeing around the parliamentary rose gardens

The Tertiary Education Union is shocked by the number of jobs potentially on the chopping block at Otago University. Several hundred staff could be made redundant as dwindling student numbers takes a toll. They're down by about 670 so the university needs to reduce its annual budget by $60 million. Union National Secretary Sandra Grey joined Roman Travers. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Victims of retail crime are getting a further $9 million in support. Police minister Ginny Andersen has made the announcement, topping up the crime prevention fund to $15 million . It goes towards the likes of fog cannons, security sirens and CCTV systems. Dairy and Business Owners Group chair Sunny Kaushal joined Tim Dower to discuss. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Coromandel businesses are crossing fingers for a bumper Anzac weekend after its local economy lost $30-million in the year's first quarter. A driving lottery has begun via the coastal route until Tuesday as State Highway 25A remains closed to vehicles. It features cameras in secret locations from Thames all the way around to Waihi, photographing random vehicles. Prizes include stays at a beach resort, dive trips and dozens of oysters Destination Hauraki Coromandel's Hadley Dryden told Roman Travers January's poor weather made it a tough summer for local operators. He says for a community reliant on tourism and visitors, it's been hugely significant. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

The soaring cost of living is pushing every one of us to reconsider which groceries remain a priority.  For some, this may mean going without limes in their evening cocktails, but for many, the reality is that fresh fruit, vegetables and many forms of meat are no longer affordable for each and every meal.   Adjusting one's intake of the aforementioned will undoubtedly have a negative effect on people's health in time to come.   Proof of that can already be seen along with other socioeconomic impacts in areas of the country where people never been able to afford a consistently high standard of food.  Many are now buying chooks and learning the finer points of animal husbandry in order to avoid the soaring cost of eggs from supermarkets and other purveyors of these omelette essentials.   The move makes a lot of sense - but knowing about your councils' bylaws regarding how our fickle, feathered, fowl friends can be kept is also a major consideration.  The last thing you want is your neighbour running foul to the

Our current period of high inflation isn't over yet. Latest figures due out this morning are expected to show consumer prices rose between 6.9 percent and 7.2 percent in the year to March. ASB Senior Economist Mark Smith told Roman Travers says two major factors are driving the high inflation rate. "One is food prices really have rocketed and the second thing is housing costs remain really elevated, despite the softer housing market." LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Questions over whether the costs justify hosting the 2034 Commonwealth Games. The New Zealand Olympic Committee has expressed interest in bidding for the event, under a new hosting model which now allows nations to host as a whole. Last year's Games in Birmingham was backed by $1.55 billion New Zealand of public and government funding. Games commentator Brendan Telfer told Roman Travers the costs have seriously escalated since we last hosted in 1990. He reckons given the galloping inflation that by 2034, it'll cost us at least $2 billion. LISTEN ABOVESee omnystudio.com/listener for privacy information.

How many times in recent decades have you heard the call for a better and fairer tax system?   How many times have we heard governments saying that the tax system needs to be looked at?   Well, I've got some good news for those at the upper end of income earning who may have been wondering when the tax axe was about to fall, forcing them to haemorrhage more.  It turns out, our tax system is pretty fair and equitable after all.   A new study completed for tax consultancy firm  OliverShaw concludes that the wealthy in New Zealand pay most of the tax collected.  OliverShaw is headed by the former deputy commissioner at IRD, Robin Oliver.  Oliver says that the higher their income, the more they pay. Those earning lower incomes end up paying less tax because of the various tax credits, and other payments they’re eligible to receive.   One of the key highlights of this study, is that the highest income earners are often in a better position to minimise their tax through investment in tax friendly assets.   When Chr

The Government has announced new pricing for Kiwis getting their drivers licenses. They will be reducing the cost of resitting tests, reportedly saving new drivers $5.5 million a year. But if you're unlucky enough to pass on your first try, you'll end up paying more. Ōtorohanga mayor Max Baxter has been an advocate for lower fees and joined Roman Travers to discuss. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Global Dairy Trade price index has recorded its first increase in two months. This morning's auction showed a 3.2 per cent climb since the last trading event earlier this month, this is the first gain after four consecutive falls. Amy Castleton, dairy analyst at NZX joined Roman Travers. LISTEN ABOVESee omnystudio.com/listener for privacy information.

One of the key benefits of any vehicle that's well branded with company logos, is that when you see appalling acts of stupidity unfolding around you on our roads, created as a by result the selfish acts of drivers in these vehicles, you know exactly who to call.   Yesterday I had to drive from central Auckland to one of the southern suburbs and back again. I was surprised at some of the deplorable acts of driving I saw buy those that call themselves professional drivers, as well as those by people who just don't care about anyone else, but themselves.  The first incident that captivated me was a bloke on a dirt bike wearing a ski mask; the unsubtle uniform of a potential bank robber, before I realised that there was no helmet in his costume paraphernalia. Another ACC statistic waiting be collated.   Given a green light, I moved into the intersection, only to realise that several vehicles were clearly in a rush and proceeded to run the red light.   I can only presume that their vehicles contained melting ice c

National says the move by Labour to tackle class sizes is an attempt to appease unions. The announcement aimed at Years 4 to 8 students, reduces the ratio from one teacher to 29 students, down to 28. It'll be initiated from 2025 and means recruiting 320 more teachers. National Education Spokesperson Erica Stanford told Roman Travers it's less a policy announcement and more a sweetener. She says that's why they did it in the school holidays and if they wanted to make a big announcement, they would have made a big song and dance about it. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Concerns as job burnout continues to affect our doctors. Massey University data analysis shows the risk for medical doctors is 22.7 percent, compared to 12.2 percent for other workforces. Burnt out doctors are nearly five times more likely to seriously consider quitting the profession, over their non-burnt-out colleagues. Association of Salaried Medical Specialists Executive Director Sarah Dalton says Roman Travers more needs to be done to retain the workforce. “In order to bring people in, we need to be offering competitive terms and conditions. Compared to  Australia, we’re not even in the ballpark.” LISTEN ABOVESee omnystudio.com/listener for privacy information.

New Zealand’s looming recession is tipped to be twice as deep as previously thought, with Kiwis being warned to prepare for a tough rest of the year. The bleaker forecast, from economists at ASB, comes as food prices rise at their fastest annual rate in more than 30 years and many struggle to afford the basics. ASB is predicting a 2 per cent contraction to gross domestic product (GDP) by early 2024, which is double the 1 per cent economic shrink that the bank forecast in its last quarterly update. And the country’s expected recession is likely to set in earlier than expected, according to the latest ASB Economic Forecast released today, with GDP falling 0.6 per cent in the December 2022 quarter. Wellington university student Aidan Donoghue said he has hardly bought any fruit or vegetables in the last year. Photo / Mark Mitchell ASB’s chief economist Nick Tuffley said high-interest rates and inflation will continue to restrain consumer spending in the coming year, with homeowners feeling the strain and pain

The Government is being slammed after some frontline police were told to consider the necessity of arrests, due to Rimutaka Prison nearing capacity. An email to Wellington staff revealed our largest prison is nearing maximum occupancy, and warns repeat breach of bail and warrant offenders may be remanded in custody for longer than usual. It says officers should consider that before making an arrest. Corrections Association President, Floyd Du Plessis told Roman Travers that it's ridiculous and the result of ignored warnings about staffing shortages. He says public safety is coming second to political direction, which is a serious concern. LISTEN ABOVESee omnystudio.com/listener for privacy information.