Heather du Plessis-Allan Drive

A shareholder vote to approve a takeover bid for Comvita has not gathered enough votes to proceed.   The bid from Florence to buy Comvita at 80 cents a share required 75% support from shareholders to go through.   Although the official vote count has not been released, we know that the numbers fall short of the margin.   Octagon Chief Investment Officer Paul Robertshawe told Heather duPlessis-Allan that anything is possible going forward, however it’s unlikely that Florence will raise their offer.   LISTEN ABOVESee omnystudio.com/listener for privacy information.

An Australian Mayor is warning of the unforeseen consequences of a rates cap.  Minister of Local Government Simon Watts says he will advance rate cap policy discussions before the end of the year. Sue Heins, mayor of the Northern Beaches Council in New South Wales, told a Local Government New Zealand conference it leads to councils making impossible choices. She told Heather du Plessis-Allan it leads to things like delayed infrastructure repairs and sports grounds with outdated facilities.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Whitcoulls is being accused of censorship and moral panic - because it's hiding a literary journal with risqué content.  Copies of Folly Journal have been pulled off Whitcoulls shelves around the country and are now only offered when customers ask for it. Editor and Founder of Folly Journal Emily Broadmore told Heather duPlessis-Allan that Whitcoulls hasn't explained specifically why their books have been removed from stores.  'We have no idea. We've just been told that it's offensive, but we can't figure it out.' LISTEN ABOVESee omnystudio.com/listener for privacy information.

An Auckland retirement village is looking to ban electric vehicles because of safety. Forty-seven residents at Fairview Lifestyle Village in Albany have got into a row with management over the decision. One resident told our newsroom the village claims EV's are a fire risk. Drive Electric chair Kirstin Corson told Heather Du Plessis-Allan that it's completely unreasonable. She says EV's are 25 percent less likely to catch fire than a petrol or diesel vehicle. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Retirement Commission's calling on leaders to strengthen our retirement income system while we can. It's retirement income policy review's found a longer-term political focus is needed to ensure future generations' certainty.  It makes 12 recommendations, from moving more quickly to implement Kiwisaver reforms to harder strategies such as a new cross-party accord.  Commissioner Jane Wrightson says this issue should be thought about holistically.   She says we have time to make changes, adding there will be a million people over 65 by 2029, and 1.5-million by the 2050s.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Labour's climate spokesperson says she's attending the UN's annual climate summit to become better informed.  Deborah Russell will join Climate Change Minister Simon Watts and a New Zealand delegation at COP30 in Brazil.  Climate scientists have warned the world's likely to blow past 1.5 degrees of warming.  Russell says we'll be faced with absolute disaster if we can't pull this back somehow.  She told Heather du Plessis-Allan that she wants to learn more about methane - and some of world's solutions around agriculture.  Russell says that's a pressing problem in New Zealand and it helps if as many of us as possible know as much as possible.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Te Pati Māori has had an eventful week, with two prominent MPs being ousted from the party.   Party leader John Tamihere said that this was done to prevent an internal coup – however that may not be the case.   Senior Political Correspondent Barry Soper told Heather duPlessis-Allan that a, “attempted takeover of the party's leadership was a made-up story.”  LISTEN ABOVE See omnystudio.com/listener for privacy information.

A law group wants to see a culture shift at Police - while also welcoming an Inspector-General. The new position was announced, in response to a scathing IPCA report. It identified a number of issues around how Police's senior leadership team failed to deal with complaints about then-Deputy Commissioner Jevon McSkimming in a timely and respectful manner. Defence Lawyers' Association co-Chair Elizabeth Hall told Heather du Plessis-Allan the culture at Police needs to change. She says if people don't feel they can talk or raise complaints that will be listened to, then information flow will not take place.See omnystudio.com/listener for privacy information.

Over in the UK, there's reports of dissatisfaction in the political ranks. There are fears from those loyal to Sir Keir Starmer that his job might be under immediate threat, with rumours circulating the Labour leader might be rolled.  UK correspondent Enda Brady says Labour's popularity has taken a hit in new polls and concerns are mounting ahead of the upcoming Budget. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The price of gold continues to hit new highs, and speculators are wondering whether they should invest. Gold has seen the strongest year since the 1970s, largely thanks to volatile markets and economic uncertainty.  Fisher Funds expert Sam Dickie explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.