Top Of The Morning News Digest

Tuesday, 14 July 2015, 8:37 am
Press Release: NewsRoom_Plus

Top Of The Morning News Digest

* NewsRoom_Digest from 13 July 2015 available at Eveningreport.nz - see http://info.scoop.co.nz/EveningReport.nz

* RNZ 7am - Top 5 items for 14 July 2015

1. The Greek Prime Minister Alexis Tsipras has returned to Athens and gone straight into a meeting with ministers after agreeing to sweeping new austerity measures in return for a third international bailout. The bailout is conditional on Greece passing agreed reforms by Thursdaymorning. The measures include tax rises, pension cuts, changes to employment law, and the movement of state assets into a trust fund to pay for the recapitalisation of banks. The deal has left Europe divided.

2. David Mahon, managing director of Mahon China Investment Management, says real data on foreign buyers is needed before primitive generalisations are made. The Labour Party says it is not backing down on suggestions foreign Chinese buyers are flooding the Auckland market. Mahon says some in China are perplexed as to why New Zealand’s property market is so open to foreign buyers.

3. Figures from top Chinese property website Juwai.com show New Zealand is among the most popular countries for online searches by people in China seeking properties overseas. The site has more than 2.4 million listings in more than in 58 countries. Spokesperson Dave Platter says New Zealand has risen from 12th in popularity on the site a year ago, to 5th today. He says it is because it is easy and relatively inexpensive to buy here, though most would-be buyers have a New Zealand connection.

4. Christchurch’s Mayor Lianne Dalziel wants the Government to further increase the size of buyout offers to uninsured homeowners still living in the city’s red zones to the full capital value to enable them to leave. Cera can’t say when public consultation about the future use of the red zones will begin.

5. Fresh research shows most parents have no idea what their children are doing online. The internet security company Norton polled more than 600 people with children under 16 and found three quarters of parents are oblivious to their children’s online lives, and says the survey shows many people are not doing enough to keep their children safe online.

ENDS

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