Midday Report for Thursday 11 December 2014

12:35 PM.News from the rural and farming sectors. Audio

12:27 PM.Auckland City are through to the quarter-finals of football's Club World Cup in Morocco and Manchester City have qualified for the knock-out stage of the Champions League after beating Roma 2-nil in… Read more Audio

12:25 PM.For the latest from the markets we're joined by Angus Marks at First NZ Capital. Audio

12:23 PM.Xero now has over 400-thousand small business customers around the world, but a breakdown of the customer growth by region won't be available until March. Audio

12:21 PM.The Financial Markets Authority wants to ensure market players understand the rules, before the regulator has to come-calling. Audio

12:19 PM.The New Zealand dollar gained nearly one-and-a-half US cents this morning in reaction to the Reserve Bank re-asserting its bias towards raising interest rates. Audio

12:17 PM.The Reserve Bank governor has held interest rates steady, as expected, but has signalled a further three hikes in the official cash rate, or OCR, by the end of 2017. Audio

12:00 PM.The Reserve Bank says the next interest rate hike is likely to be at the end of next year, petrol prices have fallen again. Audio