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The Government has announced measures it will take to counter the economic recession. It includes changes to superannuation, an early phase-out of tariffs, and an investigation into the sale of Contact Energy. Clare Pasley reports plus liver with Jenny Shipley and comment from Bronwen Evans
1715 BUSINESS HEADLINE
A 150 year long campaign is coming to an end for the Ngai Tahu people. Debate on the third and final reading of the bill covering the tribe's 170-million dollar treaty settlement with the Crown is underway now. Live interview with Chris Wikaira. With actuality in the House from Doug Graham and Dover Samuels, also Danny Watson [Waitaha spokesman]
A second New Zealand athlete has fallen victim to the heat while competing in an international race overseas. New Zealand was shocked and saddened by the collapse of Craig Barrett last week while competing in the 50 kilometre walk at the Commonwealth Games, in Kualar Lumpur. Report from Nick Hirst/.
1730 HEADLINES
We now return to our main story: the Government's new economic programme unveiled this afternoon to cope with the recession. The Prime Minister Jenny Shipley's made a formal statement to Parliament, confirming it plans to sell Contact Energy, and phase out tariffs by the new timetable of 2006. Liver with Clare Pasley.
The Waitangi Fisheries Commissioner whose house was searched by the police last week says he may sue the Commission. I/v with Shane Jones.
[illegible] world premiere of Rush! a musical set in the goldrush days of Central Otago is now playing in Dunedin's Regent Theatre. Package from Graham McKerracher.
SPORTS
The US continues to come under heavy criticism over its missile attack last month on a Sudanese factory which it said was involved in manufacturing chemical weapons. I/v with delegation member Sara Flounders.
1750 MANA NEWS
Concerns over the financial state of the International Monetary Fund could be realised next week as the Fund and the World Bank hold their annual meetings. Recently there have been calls for reform of the international financial institutions and some, like the American Treasury Secretary, think the IMF needs fundamental restructuring. i/v from Judy Lessing.
1800 NEWS