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TV3 News

Olympics - Superyacht Row - Philippino Steal - REAL vs NBR - Five Cent Shortage

OLYMPICS: Let the Games Commence. The greatest show on Earth is about to begin. Greg Norman brings traffic to a standstill on the Harbour bridge. Olivia Newton John and Pat Rafter in white too. Rafter says it feels really good. Dawn Fraser also acknowledged as she carries the flame. Eventually Mayor reads a statement. Fireworks and flame lit. Blyth Tait named as Captain of NZ Team. A City of Aborginal people say the police and government are holding the games and wants people to start talking peace with them now – not only once the games are over. 60-70 of the Kiwi team are not participating in the opening ceremony. Some of these will be competing tomorrow.

SUPERYACHT ROW: A big boat is being removed from a New Zealand superyacht company. The hull of the boat was ordered by a Casino operator called Marnell from Las Vegas. The owners of Mea Culpa obtained an order to receive the hull of a boat. It is being moved to a Mt Wellington boat yard for completion. The High Court said Sensation’s cutting up of a superstructure mould constituted a contempt of court. The Marine Exporters group is not commenting on the dispute.

PHILIPPINO STEAL: A Dunedin man has been jailed for five years the theft of money from a construction yard. Leishman stole money from the Druids society and from his construction yard. He started stealing to pay for the extravagant spending of his Philippino wife, a judge said. The money had been used to build a mansion and purchase a hardware business in the Phillipines. The man was described as a lonely alcoholic. His former wife has now married someone else.

REAL Vs NBR: A real estate company called REAL says a report in the NBR about it is inaccurate.

FIVE CENT SHORTAGE: A shortage of five cent pieces is concerning the Reserve Bank who is having to import them due to a shortage. A simple test of whether it is worth having is whether it will be picked up in the street. It isn’t and then a truck parks on top if it. The Reserve Bank says there are 476 million of them out there somewhere. A survey of retailers found stores need them for change but that they don’t get spent. The coins are costing 4.5 cents each to make. The new shiny one – just imported - was picked up in the street very quickly, but.

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