Nine To Noon for Thursday 21 July 2022

 

 

09:05 Cost of day-to day living threatening retirees' financial future

Concerns the high cost of day-to-day living is seeing people taking an eye off their financial future, threatening the ability to afford to retire.  This week we saw a thirty-two year inflation high, increasing 7.3 percent since the June 2021 quarter.  The Retirement Commission has been gathering insights into the cost of living's impact on long term savings, finding a steady decrease in people actively saving for retirement, from 52% in 2021 to 47% in 2022. 93% of Kiwis' rank 'cost of living' as their biggest concern.

09:20 Politics professor Tim Bale on the final two in the Tory leadership race

 

Rishi Sunak and Liz Truss are the last candidates left standing following the final vote by Conservative MPs on who will replace Boris Johnson as their leader. Sunak, the former Chancellor, topped the final ballot with 137 votes and Truss, the Foreign Secretary, overturned a narrow lead held by Trade Minister Penny Mordaunt in the latest vote, securing her place in the run-of by 113 votes to 105. Tim Bale, Professor of Politics at Queen Mary University of London, joins Kathryn to talk through what happens next.

09:35: What is your credit score saying about you, and what can negatively impact it?

Credit reporting agencies gather and sell information about individual's credit histories to get a sense of how risky you are in relation to money.  This information can be used by lenders, landlords, insurance companies, even employers.  Many people don’t realise they have a problematic score. Kathryn speaks with Citizen's Advice Bureau's Andrew Hubbard.

09:45 UK: Tory leadership race narrows, extreme heat continues

UK correspondent Harriet Line touches on the Tory leadership race and the heatwave raging across the country which led the Fire Service in London to have its busiest day since World War II.  Harriet Line is Chief Political Correspondent Daily Mail.

10:05 Alex Duff: Le Fric - the Business of the Tour de France

A multi-millionaire octogenarian widow and her two children who have kept tight control of the Tour de France despite numerous hostile takeover bids, are the focus of a new book.  The world's most famous cycling event generates an estimated $160 million New Zealand dollars a year, with a fifth being paid out in dividends for the Amaury family.  Business journalist Alex Duff investigates the family in his book Le Fric or The Money: Family, Power and Money: The Business of the Tour de France.  In it he argues that various cycling teams over the years have considered rebellions and breakaways to wrest some control and more of the money.  But ultimately, they need the race more than the Amaury family needs them.  Kathryn discusses with Alex Duff.

10:30 10-point action plan to enhance athletes' well-being

High Performance Sport has released an action plan following a critical independent inquiry finding the organisation's high performance model is broken and needs to be "reimagined". Commissioned after the suspected suicide of Olympic cyclist Olivia Podmore in August last year, the findings and recommendations of the 104-page report were released in May.  Kathryn speaks with Stuff's National Correspondent specialising in sport Dana Johannsen.

10:35 Book review: No Other Place to Stand: An Anthology of Climate Change Poetry from Aotearoa New Zealand, edited by Jordan Hamel, Rebecca  Hawkes, Erik Kennedy and Essa Ranapiri

Phil Vine reviews No Other Place to Stand:  An Anthology of Climate Change  Poetry from Aotearoa New Zealand, Edited by Jordan Hamel, Rebecca  Hawkes, Erik Kennedy and Essa Ranapiri, published by Auckland University Press

10:45 The Reading

'Baby No Eyes', part nine. Written by Patricia Grace.

11:05 Tech:  TikTok's data collection, mobile tower sales, VR & productivity 

Tech correspondent Bill Bennett joins Kathryn to talk about new Australian research into how much data is being collected about users of Chinese-owned TikTok and why it's concerning, what's behind a decision by Spark and Vodafone to sell their mobile towers and whether virtual reality actually increases productivity.

 

11:25 Deb Rewiri: traditional Maori parenting practices, part 2

Neuroscience educator Deb Rewiri returns with why it has never been so important to get on board with traditional Maori parenting practices, and what help is at hand to support struggling whānau to embrace indigenous parenting approaches.
 

11:45 Film & TV: Where the Crawdads Sing, Persuasion, WWDITS, Virgin River

Film and TV reviewer James Croot looks at the film adaptation of Delia Owens' novel Where the Crawdads Sing (cinemas), a new and controversial adaptation of Jane Austen's Persuasion (Netflix), and seasons four of What We Do in the Shadows (Neon) and Virgin River (Netflix).