Lately for Thursday 5 May 2022

10:18 Feel-good marketing ploy may destroy suppliers

The Countdown price freeze might be good news for consumers but market analysts worry it will have grave unintended consequences. The Australian owned supermarket giant has committed to freezing the prices of 500 products from the 9th of May till end of winter.

But speaking to RNZ"s Checkpoint, Countdown's Steve Mills couldnt guarantee its suppliers won't bear the cost in their margins.

Professor of Agri-business, at Lincoln, Hamish Gow says he's cocerned suppliers will bear the cost and be squeezed out.

10:25 Derogatory comments "good news" for discerning investors

Derogatory comments made publically by CEO of DGL Group, Simon Henry may be somewhat perversely, "good news" for investors. 

Speaking to NBR, Mr Henry described My Food Bag founder, Nadia Lim as "little bit of eurasian fluff". Lim hit back saying Henry's words highlight the vile stigma many women of colour face in business.

Shareholders Association CEO Oliver Mander says some investors may find it helpful to know the true colours of the man.

10:30  NCEA students get a tune-up

The Auckland Philharmonia Orchestra is livestreaming a free concert to all New Zealand secondary schools next week, Thursday May 12th and it's thought to be the first time a professional orchestra in Aotearoa has live-streamed a full orchestral performance, especially designed to support New Zealand students and their NCEA curriculum.

10:45 Stuffed Kiwi destined for space

NASA first launched a super pressure balloon from a base at the Wanaka airport seven years ago and the team in New Zealand would have continued with their work except Covid-19 forced them to shut up shop and head back to the States in 2020.

With the borders open, they're back, and NASA's Balloon Programme is underway again, with a launch scheduled for next week if the weather is good..... and a little stuffed kiwi will be onboard. Karyn Hay speaks with Chief of NASA's Balloon programme, Debbie Fairbrother.