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Scoop Today - New News

HEADLINES

NZ Reserve Bank Interest Rates Follow The Fed - Up
What’s Wrong With Money? Asks New Group
Maori Fisheries Delay Costs Millions
Airways Redundancy Payments Were Agreed
Who's A Racist? Maori Given Radio Frequency Option
Scoop Is In The House
Scoop Sludge: Sludge Report #5
Scoop Arts: New Movies

St Stephen’s Hui Needed To Counter Violence - Report Called For
Minister Responsible For Punting?
Not Making It Easy For Migrants?
Telecom & Rural Services
Algerian Asylum Seeker Unfairly Detained?
More Schooling For Early Childhood Teachers
ERB Submissions & Reaction
More Funding For Family Violence Prevention
Car Costs Go Up
No More “Marriage”?
Sport Centres
Controversy Over A New Northland Prison

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TODAY'S PICTURE: http://img.scoop.co.nz/stories/images/0005/37061c1043f749820f84.jpeg
http://www.scoop.co.nz/stories/BU0005/S00093.htm
MONEY GETS MORE EXPENSIVE

TOP SCOOPS


NZ Reserve Bank Interest Rates Follow The Fed - Up

- The New Zealand Reserve Bank has raised the official cash rate interest rate by 0.5% to 6.5% this morning warning of growing inflationary pressures. The move follows hot on the heels of a decision of the US Federal Reserve to also raise interest rates by 0.5%. The new OCR indicates a floating mortgage rate of around 9%. See…RBNZ - Summary of economic projections [1] , RBNZ: OCR set at 6.5 per cent [2] and RBNZ: Overview And Policy Assessment [3] in the Business wire.
REACTION
- JIM ANDERTON - Anderton comment on the OCR [4] .
- ACT - Interest Rate Hike Shows Anderton A King Canute [5] .
- EMPLOYERS & MANUFACTURERS - Interest Rate Rise Threatens Recession [6] .


[1] - http://www.scoop.co.nz/stories/BU0005/S00094.htm
[2] - http://www.scoop.co.nz/stories/BU0005/S00093.htm
[3] - http://www.scoop.co.nz/stories/BU0005/S00092.htm
[4] - http://www.scoop.co.nz/stories/PA0005/S00364.htm
[5] - http://www.scoop.co.nz/stories/PA0005/S00363.htm
[6] - http://www.scoop.co.nz/stories/PO0005/S00102.htm


What’s Wrong With Money? Asks New Group

- “Our banking system is built on a lie. It is rotten at the core, and now we are called upon to hold our humanity high, reach into the heart of the financial system and clean out the stinking rot.” So says new Lobby Group New Zealand Banking Reform. See... Time To Start Talking Reform Of The Banking System [1] in the Politics wire for a link to where you can join a discussion about money.


[1] - http://www.scoop.co.nz/stories/PO0005/S00094.htm


Maori Fisheries Delay Costs Millions

- “Around one million dollars of Mäori wealth is being destroyed every month by delays in allocating fisheries assets to iwi,” Harry Mikaere, Chairman of the Treaty Tribes Coalition, told the annual Mäori Commercial Fisheries Conference in Nelson today. See... Millions Of Dollars Of Maori Wealth Destroyed [1] . For further background into the Treaty Tribes Coalition see... Treaty Tribes Coalition - Background [2] . For an explanation of The Treaty Tribe Coalition’s Optimum Allocation Model for allocating resources see…Treaty Tribes - The Optimum Allocation Model [3] in the Politics wire. For more reaction see below.
REACTION
- NZIER Report - Treaty Tribes - The NZIER Report [4] .
- NATIONAL - Time to move forward on allocation of fisheries [5]


[1] - http://www.scoop.co.nz/stories/PO0005/S00100.htm
[2] - http://www.scoop.co.nz/stories/PO0005/S00099.htm
[3] - http://www.scoop.co.nz/stories/PO0005/S00098.htm
[4] - http://www.scoop.co.nz/stories/PO0005/S00097.htm
[5] - ”http://www.scoop.co.nz/stories/PA0005/S00372.htm”


Airways Redundancy Payments Were Agreed

- The PSA – the union representing Airways Corporation technicians – today said payments made to ‘a airways technician was made under legal collective contracts and agreed redundancy provisions.’ See... Redundancy payment in line with contract – PSA [1] in the Politics wire. Also see... Airways’ Staff Selloff [2] in the Headlines wire.


[1] - http://www.scoop.co.nz/stories/PO0005/S00095.htm
[2] - http://www.scoop.co.nz/stories/HL0005/S00070.htm


Who's A Racist? Maori Given Radio Frequency Option

- A representative Maori trust will be given the exclusive right to purchase 15MHz of IMT 2000 (3G) spectrum (“special block”) to help promote Maori participation in the “knowledge economy”. See... 2GHz AUCTION: INFORMATION SHEET [1] . Also see... 2GHz AUCTION – CABINET DECISIONS [2] . Is the deal a racist settlement? Are the opposition racist? See below.
REACTION
- GOVERNMENT APPOINTMENT - Pan-Maori Trust Presents Big Opportunities [3] .
- NATIONAL - Body Snatchers get Dover's credibility [4] .
- ACT - ACT Condemns Racist Radio Auction [5] .
- NATIONAL - Cabinet's spectrum decision "racially divisive" [6] .
- GOVERNMENT - Shame On Shipley [7] .


[1] - http://www.scoop.co.nz/stories/PA0005/S00332.htm
[2] - http://www.scoop.co.nz/stories/PA0005/S00331.htm
[3] - http://www.scoop.co.nz/stories/PO0005/S00103.htm
[4] - http://www.scoop.co.nz/stories/PA0005/S00361.htm
[5] - http://www.scoop.co.nz/stories/PA0005/S00345.htm
[6] - http://www.scoop.co.nz/stories/PA0005/S00349.htm
[7] - http://www.scoop.co.nz/stories/PA0005/S00356.htm


Scoop Is In The House

- Today's questions concern: Weak Dollar - The Economy - Petrol Prices - Airways - Maori Spectrum - Asylum Seekers - Maori Spectrum - Sale Of Terralink - TPK Report On Waitara - High Performance Sport - Public Service - Pacific Island People And Spectrum. See... SCP HOUSE: Questions Of The Day - May 17 [1] in the Headlines wire.


[1] - http://www.scoop.co.nz/stories/HL0005/S00075.htm


Scoop Sludge: Sludge Report #5

- NZ Joins The Wrong Side In Sierra Leone - Sludge Discovers Terrorist Tendencies - Maori Spectrum - Is This Partnership? - Maori Fisheries - Collision Warning - Is Trevor Getting Paranoid? - West Coast Logging - Government Gets Worst Of All Worlds. See... The Sludge Report #5 [1] .

[1] - http://www.scoop.co.nz/stories/HL0005/S00074.htm


Scoop Arts: New Movies

- HAPPY, TEXAS : When two prison escapees - fraud offender Harry Sawyer (Jeremy Northam) and Wayne Wayne Wayne Jnr. (Steve Zahn) - arrive in the small Texan town of Happy in their getaway mobile home, they are mistaken for Pageant Masters brought in to coach the towns entrants in the districts "Little Miss Fresh Squeezed" Pre-Teen Beauty Pageant. For more about this see... Rialto Film Club [1] in the Arts & Culture wire.


[1] - http://www.scoop.co.nz/stories/CU0005/S00029.htm


MORE SCOOPS


St Stephen’s Hui Needed To Counter Violence - Report Called For

- The first steps have been taken today to set up a series of hui with the families of boys attending St Stephens School following the latest violent assault on a pupil at the school. See... MP Calls For Hui With St Stephens’ Families [1] in the Parliament wire. See also... Minister call for report on St Stephens [2] .


[1] - http://www.scoop.co.nz/stories/PA0005/S00374.htm
[2] - http://www.scoop.co.nz/stories/PA0005/S00359.htm


Minister Responsible For Punting?

- The mystery continues about what exactly John Wright does as a Parliamentary Under-Secretary, says United New Zealand leader, Hon Peter Dunne. See... John Wright - The Mystery Is Resolved [1] in the Parliament wire.


[1] - http://www.scoop.co.nz/stories/PA0005/S00375.htm


Not Making It Easy For Migrants?

- The Minister of Immigration, Lianne Dalziel, is making ad hoc changes to Returning Residents' Visa policy when there is virtually no evidence of abuse of the existing rules, says Opposition Immigration spokesperson Marie Hasler. See... Minister's Ad Hoc Changes Penalise Migrants [1] . The Minister of Immigration, Lianne Dalziel, says Cabinet has rescinded the previous Government's decision to grant indefinite Returning Residents' Visas to applicants from the moment residence is approved. See... New Returning Residents' Visa policy announced [2] both in the Parliament wire.


[1] - http://www.scoop.co.nz/stories/PA0005/S00358.htm
[2] - http://www.scoop.co.nz/stories/PA0005/S00344.htm


Telecom & Rural Services

- Deputy Prime Minister Jim Anderton is concerned that Telecom will force Rural NZ to pay more for access to new technologies. Telecom has advised a Ministerial Inquiry into Telecommunications that it would like other companies to help pay for Kiwishare the agreement which makes local calling free. See... Concern Telecom will force Rural NZ to pay more [1] in the Parliament wire.


[1] - http://www.scoop.co.nz/stories/PA0005/S00370.htm


Algerian Asylum Seeker Unfairly Detained?

- Justice for Asylum Seekers (JFAS) is once again concerned that asylum seekers have been imprisoned in Mt Eden Prison and in particular at the on going detention of an Algerian man. See... Seeking Fair & Humane Treatment For Asylum Seekers [1] in the Politics wire.


[1] - http://www.scoop.co.nz/stories/PO0005/S00093.htm


More Schooling For Early Childhood Teachers

- “When Minister Mallard flexes his muscles parental choice is doomed, and early childhood teachers tremble” says Libertarianz Leader Peter Cresswell of Mallard’s plan to force Head Teachers at Early Childhood Centres back to school. See... ‘Forced Retraining’ Removes Parents’ Choice [1] in the Politics wire.


[1] - http://www.scoop.co.nz/stories/PO0005/S00092.htm


ERB Submissions & Reaction

- The facts do not support the claim that joblessness rose under the Employment Contracts Act, says Employers' Federation chief executive Anne Knowles. See... ECA claim not supported by the facts - Knowles [1] in the Politics wire.


[1] - http://www.scoop.co.nz/stories/PO0005/S00096.htm


More Funding For Family Violence Prevention

– Funding to secure the continuation of specialist family violence programmes will be provided in the Budget, the Social Services and Employment Minister Steve Maharey announced today. See... Funding for family violence services confirmed [1] in the Parliament wire.


[1] - http://www.scoop.co.nz/stories/PA0005/S00373.htm


Car Costs Go Up

- Green Party co-leader Rod Donald says National Party predictions that the cost of new cars would fall as a result of tariff cuts have failed to materialise. See... Car prices increase despite free trade [1] in the Parliament wire.


[1] - http://www.scoop.co.nz/stories/PA0005/S00367.htm


No More “Marriage”?

- New Zealand First MP, Hon Brian Donnelly, today said that the significant Government changes to the Matrimonial Property Bill essentially abolish the concept of marriage in our society. See... Government Plans To Abolish Concept Of Marriage [1] in the Parliament wire.


[1] - http://www.scoop.co.nz/stories/PA0005/S00365.htm


Sport Centres

- The Government will fund three high performance sport centres as part of its plans to support excellence in sport. See... Govt support for high performance sport centres [1] in the Parliament wire.


[1] - http://www.scoop.co.nz/stories/PA0005/S00369.htm


A New Northland Prison

- Northland prison will go ahead at Ngawha, but extra funding will be made available nationwide for re-habilitation, and an Iwi Liaison person in the North will be set up to continue consultation, Matt Robson Minister of Corrections announced today. See... New style re-hab prison gets go-ahead in Northland [1] . The go-ahead for a prison at Ngawha is great news for the Northland community, says Northland MP John Carter. See... Light finally turns green for Northland Prison [2] . Green MP Nandor Tanczos says that Corrections Minister Matt Robson appeared to have been captured by his officials. See... New Prison Highlights Further Failings Of System [3] in the Parliament wire.


[1] - http://www.scoop.co.nz/stories/PA0005/S00338.htm
[2] - http://www.scoop.co.nz/stories/PA0005/S00339.htm
[3] - http://www.scoop.co.nz/stories/PA0005/S00340.htm


ENDS


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