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National Radio 7am Bulletin

Terralink – Airways – St Stephens – Zimbabwe – Maori Spectrum – Petrol Prices – US Interest Rates – Kiwi Interest Rates – Fisheries Commission

TERRALINK: There are concerns over the privatisation of another SOE Terralink, formerly part of Land Information NZ. Concerns relate to whether the SOE protected the value in its intellectual property. A Select Committee inquiry is to be held into the sale.

AIRWAYS: Airways is likely to have an inquiry from the Auditor General into its plans to invest in UK Air Traffic Control.

ST STEPHENS: There has been another assault at the troubled St Stephen’s school in Auckland.

ZIMBABWE: Don McKinnon has met with President Mugabe in Auckland and discussed election observers.

MAORI SPECTRUM: Political opposition to plans to settle 2Ghz spectrum on a Maori Trust is focussed on allegations the proposals are racist.

PETROL PRICES: Petrol companies have all increased the price of petrol by five cents. They have blamed international crude prices.

US INTEREST RATES: The US Federal Reserve has raised interest rates to 6.5%.

NZ INTEREST RATES: Mortgage holders will find out this morning if there is a raise in NZ. The base – OCR - rate is at present 6%. Most economists expect it to be raised to 6.5%.

FISHERIES COMMISSION: Waitangi Fisheries Commission membership is expected to be a hot topic at two fishing industry conferences this week

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