Login Required

This content is restricted to University of Auckland staff and students. Log in with your username to view.

Log in

More about logging in

  • 1Experts say interest rates are set to remain low following today's decision by the Reserve Bank Governor to keep interest rates the same. However, he is painting a gloomy picture of the NZ economy.

    • Start 0 : 00 : 57
    • Finish 0 : 06 : 26
    • Duration 05 : 29
    Speakers
    • Elyse Guise (Home Buyer)
    • Gareth Vaughan (interest.co.nz)
    • David Kneebone (Sorted Spokesman)
    • Corin Dann (TVNZ Political Editor - live from Parliament)
    • Alan Bollard (Reserve Bank Governor)
    • John Key (PM - National)
    • David Parker (Labour Finance Spokesman)
    • Winston Peters (NZ First Leader)
    Live Broadcast
    • No
    Commercials
    • No
  • 2Controversial legislation allowing asset sales has passed another hurdle in parliament, despite protestors calling on the Government to slow down and allow debate on the issue.

    • Start 0 : 06 : 26
    • Finish 0 : 08 : 08
    • Duration 01 : 42
    Speakers
    • voxpop
    • Russel Norman (Green Party Co-Leader)
    • John Key (PM - National)
    • Winston Peters (NZ First Leader)
    • Steven Joyce (Economic Development Minister)
    • Clayton Cosgrove (Labour MP)
    Live Broadcast
    • No
    Commercials
    • No
  • 3The latest from the trial of Ewen MacDonald, who is accused of murdering his brother-in-law, Feilding farmer Scott Guy in 2010.

    • Start 0 : 08 : 08
    • Finish 0 : 10 : 24
    • Duration 02 : 16
    Speakers
    • Snr Constable Terry Moore (Reading Ewen MacDonald's Statement)
    • Det Sgt David Thompson (Investigating Officer)
    • voice of Peter Coles (Defence Lawyer)
    Live Broadcast
    • No
    Commercials
    • No
  • 4Other news.

    • Start 0 : 10 : 24
    • Finish 0 : 11 : 27
    • Duration 01 : 03
    Live Broadcast
    • No
    Commercials
    • No
  • 5One of the families caught up in a Tongan immigration scam have managed to recover eight of the family members' passports.

    • Start 0 : 11 : 27
    • Finish 0 : 13 : 35
    • Duration 02 : 08
    Speakers
    • Fetongi Malupo (Accused Businessman)
    • Barry Smedts (Immigration Advisors' Authority)
    Live Broadcast
    • No
    Commercials
    • No
  • 6Actor Lucy Lawless and seven other environmental activists have appeared in court to face charges related to their illegal occupation of a Shell oil drilling ship earlier this year.

    • Start 0 : 13 : 35
    • Finish 0 : 15 : 25
    • Duration 01 : 50
    Speakers
    • Lucy Lawless (Actor and Activist)
    Live Broadcast
    • No
    Commercials
    • No
  • 7Other news.

    • Start 0 : 17 : 28
    • Finish 0 : 20 : 27
    • Duration 02 : 59
    Live Broadcast
    • No
    Commercials
    • No
  • 8The crisis in Syria has now put the US and Russia at loggerheads with the US Secretary of State accusing Russia of supplying helicopters and arms to the Syrian Government.

    • Start 0 : 20 : 27
    • Finish 0 : 20 : 52
    • Duration 00 : 25
    Live Broadcast
    • No
    Commercials
    • No
  • 9Other news.

    • Start 0 : 20 : 52
    • Finish 0 : 33 : 50
    • Duration 12 : 58
    Live Broadcast
    • No
    Commercials
    • No
  • 10JP Morgan's Chief Executive has fronted up to Congress to accept responsibility and apologise for the loss of $2 billion in a trading debacle.

    • Start 0 : 33 : 50
    • Finish 0 : 36 : 00
    • Duration 02 : 10
    Speakers
    • Mike Mayo (Author, "Exile on Wall Street")
    • Nathan Vardi (Forbes.com)
    Live Broadcast
    • No
    Commercials
    • No
  • 11Other news.

    • Start 0 : 36 : 00
    • Finish 1 : 00 : 35
    • Duration 24 : 35
    Live Broadcast
    • No
    Commercials
    • No
Primary Title
  • One News at 6
Date Broadcast
  • Thursday 14 June 2012
Start Time
  • 18 : 00
Finish Time
  • 19 : 00
Duration
  • 60:00
Channel
  • TV One
Broadcaster
  • Television New Zealand
Classification
  • Not Classified
Owning Collection
  • Chapman Archive
Broadcast Platform
  • Television
Languages
  • English
Captioning Languages
  • English
Captions
Live Broadcast
  • Yes
Rights Statement
  • Made for the University of Auckland's educational use as permitted by the Screenrights Licensing Agreement.
Genres
  • News
Hosts
  • Simon Dallow (Host)
  • Wendy Petrie (Host)
It was an icy start to the day in many places, minus`6 in Waiouru. There was freezing fog for Hamilton, but plenty of winter sunshine for western places. Icy winds carried just a few showers out over the eastern coastline. Some snow in the forecast, I'll tell you where and how low it'll settle shortly. Right now, it's 6 o'clock. Due to the live nature of ONE News we apologise for the lack of captions for some items. This is ONE News, with Wendy Petrie and Peter Williams. Tonight, money matters. Shelling out less for your mortgage ` interest rates are set to stay low as the Reserve Bank keeps the Official Cash Rate the same. 'Don't be a puppet, Peter Dunne' ` pressure on the MP to stop the sale of state assets. Lawless Lucy and other Greenpeace protesters appear in court after illegally boarding an oil-drilling ship. And champion or cheat? The world's most famous cyclist rides into drug controversy once again. Good news for mortgage holders and those of you looking at borrowing ` interest rates are set to stay low. That's what the experts are saying after the country's top banker kept the official cash rate, which influences what you pay the banks, at 2.5%. But the Reserve Bank governor is also painting a gloomy picture of the NZ economy. In a moment political editor Corin Dann looks at the challenges we face on a national scale, but first Sarah Batley is with some happy homeowners. Unpacking and settling in ` this is Elyse and Rohan Guise's first home. They say it was a difficult buy, with so much competition on the market. By the time we found something either on the internet or through the paper, by the time you rung up to ask to have a look through, it was already gone. She says they decided to buy partly because interest rates are so low, and they're not alone. Experts say conditions have never been better for borrowers and the property market is where they're looking to spend. This is reinforcing that the official cash rate is not going up anytime soon, that fixed mortgage rates have been coming down of late with banks competing aggressively. For instance, when a customer cancels a mortgage and changes banks they're normally charged a penalty fee. But there are some banks offering to cover that break fee, which can be several thousand dollars. Low rates do make taking on more debt an attractive option. But we'd encourage people to take on debt for the right reasons and to concentrate on shrinking it, paying it off as fast as you can. Of course lower mortgage rates also mean savers suffer with lower deposit rates. But while savers shop around for their best deals, borrowers need to decide whether to go with a fixed or floating mortgage. The banks in recent times have been cutting their fixed term mortgages and in many cases they're now lower than the floating rates. So we would suspect there's a bit of a trend back towards fixing at the moment. At the moment all three of our facilities to the home loan are floating. There is an option to fix the larger portion of our loan. The Guise family taking a bit of a wait-and-see approach on that question ` not too different to the man with influence over what happens to them. Sarah Batley, ONE News. The Reserve Bank governor's outlook is no encouragement for the government. Allan Bollard says there's no way John Key will get the books back in surplus in the next three years. Political editor Corin Dann looks at the conflicting economic predictions. Corin. not a huge surprise that we didn't see a cut in the official cash rate today. Alan Bollard needs to keep things up his sleeve in case things get really bad in Europe. But this was a gloomy outlook. In last month's Budget, the government proudly paraded Treasury forecasts showing a return to surplus in 2014-15. But the Reserve Bank says its more up-to-date numbers tell a different story. A consequence of all of that is we do have a different fiscal track. We take another two years for the government to get back into surplus. Prime Minister John Key was out looking at a new youth retail training programme today,... 'Great coffee' - that's a reference. Hire me. ...and the last thing he needed was a lesson from the Reserve Bank governor. The best we can do is accept that he's factoring in a tougher time for the rest of the world. We need to acknowledge that, but I think we've got to got to continue with our programme. There's nothing different that we'd want to do at ths time. Allan Bollard, in fact, listed a number of headwinds for the economy, including falling export prices, although Europe is the main worry. We don't think eurozone issues are going to clear up on Sunday, after the Greek election, or for some time after that. Perhaps more problematic for the government, as it looks to balance the books and pay for superannuation and health, is Dr Bollard's suggestion the global financial crisis has scarred NZ and reduced the speed at which it can grow. It means that NZ will be growing at a third of the rate of our trading partners. So this is NZ's problem. It's not the fault of other countries. We are an export-dependent nation, and we are doing nothing about fixing up that part, which is a major elemental problem in NZ's economy at the moment and has been for years. If there is one glimmer of hope, it remains a rebuild in Christchurch, with the Reserve Bank forecasting it to play a big part in the country's recovery. So, Corin, as we reported at the start, these are good times for the housing market. But that could be a worry for Alan Bollard, couldn't it? he will be watching this closely. He won't mind the defence in the housing market at the moment. but he cannot afford another boom. He won't allow it to happen. he may try sandbagging the banks so they can't lend as much. Thanks, Corin Dann, in Parliament. And for more on the economic outlook, check out our website, onenews.co.nz, where you can also compare the banks' mortgage and term deposit rates. Just in the past half hour controversial legislation allowing asset sales passed another stage in Parliament. But strong opposition continues, with protesters today calling for the government to slow down and let people have their say. Political reporter Jessica Mutch was there. They don't want asset sales, so they're putting pressure on MPs, and using a puppet to do it. They say Peter Dunne's one vote controls the fate of the bill, and they want him to change his mind and stop assets sales going ahead. We've got to fight these things right the way through. Opposition parties are still fighting ` they want a Citizens' Initiated Referendum, Gidday, will you sell the assets sales? and have thousands of signatures. The Greens are calling for an amendment to the legislation. They want to stop asset sales until after the referendum. We think it is important that the people of NZ are given the opportunity to have their voice heard on whether we should proceed with assets sales. John Key says they have ` it's called a general election. National won with the biggest result it's ever had in MMP history and Labour had the worst result it's had in MMP history, so the people of NZ have spoken. John Key is accused of ramming the legislation through parliament, and this afternoon the issue was thrashed out in the debating chamber. It's about treason, it's about treachery, it's about betrayal. The National led government is committed to getting on top of debt, protecting and growing our economy. Once these assets are gone, they are gone. So there's opposition... CHEERING but time's running out. Mighty River Power is set to be sold later in the year. Jessica Mutch, ONE News. The accused's own account of what happened on the morning Feilding farmer Scott Guy was killed has been read in court. Ewen MacDonald says he dropped everything and rushed to the scene, and thought he might've been the intended victim. Simon Bradwell is covering the trial. The man speaking is a police officer, but the words are Ewen MacDonald's ` in a statement to police shortly after Scott Guy's death. 'I stopped behind the stock truck on the road, 'and I could see Scottie lying on the driveway in front of his ute.' Within hours, Ewen MacDonald was wondering,... 'Was it meant for me?' He put his theory to police, who began casting a wide net for the killer. Drugs, burglaries; we were looking at any criminal associations and those sorts of things; extramarital affairs. As well as the possibility Scott Guy was a victim of mistaken identity. All of those inquiries found... came to zero. Police compiled a list of 60 persons of interest. They eventually focused on just one ` Ewen MacDonald, accused of killing Scott Guy in a feud over the family farm. < The termination of the inquiry phase? Correct, yes. < And the interview of Mr MacDonald on DVD, which we'll see in the next day or so. Yes. In another statement to police, Ewen MacDonald lied about vandalising and painting graffiti on a Scott Guy property ` blaming kids when he had actually done it himself. The Crown has suggested the Guy farm shotgun was the murder weapon. But in cross-examination, police admitted several firearms ` including shotguns ` were stolen in the district in the months before the killing; one just a month earlier, 15km from the Guy farm. < Six firearms, including two semi-automatic shotguns were taken. Correct. < And 800 rounds of shotgun ammunition. Police were unable to say if any of that's been recovered and unable to identify a mystery man, smelling of alcohol, who came looking for Scott Guy before he was killed ` fitting the defence claim that another weapon and another man killed Scott Guy. Simon Bradwell, ONE News. Poor communication and a lack of preparation led to the deaths of the Weekes triplets and 16 others in a fire in Doha last month. A report released by the Qatar government found the fire was caused by faulty electrical wiring in a fluorescent light in the roof of a Nike shop around 10.50am. Smoke quickly spread to the childcare centre next door. Firefighters arrived at the Villagio Mall 15 minutes later, but they didn't realise children were chapped for another half an hour. but they didn't realise children were trapped for another half an hour. A search-and-rescue team struggled to get to the day-care centre and removed the first trapped person two hours after the fire started. 13 children, four teachers and two firefighters died from smoke inhalation. The report says the childcare centre was not licensed as a nursery, but as an activity centre. And the mall was not connected to warning systems designed to deal with an emergency. A criminal investigation into the fire is underway. One of the families caught up in an immigration scam revealed exclusively on ONE News last night have managed to reclaim eight of their passports. It's unclear how many more passports are still outstanding, and the family's money is yet to be returned. Sharon Fergusson was there as they finally got results. Mele Finau would like her passport back. She gave it to Fetongi Malupo in December, along with $290. Many other Tongans did the same, in return for promises of permanent residency. Do you have anyone's passport that you might be able to return today? I do. That's the family. Fetongi Malupo says he gave the money and passports to fellow Tongan Kolini Tatafu. Are those the passports you were after? Yeah. Is there a reason that you've had them since December? To Mrs Tatafu? Kolini? Yeah. Why has she had them since December? Last night on ONE News, Fetongi Malupo claimed Kolini Tatafu was taking the passports and money. We tried to contact her again today, but she once again she proved elusive. In 2004, we uncovered a pensioner-housing scam Kolini Tatafu was running. Today, Mr Malupo said Kolini will send him the money she took from the family ` more than $2300 ` and he'll pass it on. Do you expect to see the money? The Immigration Advisers Authority, whose job it is to check immigration agents, knew of the fake residency offers in May, but says it couldn't find complainants willing to come forward. We encourage people who have been subject to a scam to come forward to either us or NZ police so we can have a look at it. Because if people don't do that, it just continues to happen. The organisation says don't be afraid ` it's independent and not interested in whether someone is an overstayer. Sharon Fergusson, ONE News. The woman known as Xena, Warrior Princess is vowing to continue her fight for Greenpeace. Actress Lucy Lawless and seven other activists have admitted to boarding an oil drilling ship during a protest. They spent four days occupying the exploration vessel in Taranaki. Ruth Wynn-Williams was at court. Lucy Lawless arrived at court in Auckland with a supporting cast of activists. The eight Greenpeace protesters spent four days making a stand against deep sea drilling on board the shell oil ship The Noble Discoverer. Today, though, their appearance was only brief. I stand by what we did and our need to do it. They plead guilty to one charge each of unlawfully boarding the ship at Port Taranaki in February. Originally charged with burglary, the actress, who once featured in an advertisement for Shell,... ...told reporters it's the oil company that's committing a crime. They are robbing our children of their birthright to a clean and healthy planet, and they know it. Shell oil would make no comment, simply saying it's a legal matter and one for police. It's understood The Noble Discoverer is set to continue its work, and is right now near Seattle. The actress-turned-activist also hopes the protest action won't affect her work. I don't believe so, but we'll see how that plays out. But she's got one appearance booked ` in court for sentencing in September, when she'll be called by her married name, Lucy Tappert. No longer Lawless, but hoping to be discharged without conviction, and sticking with Greenpeace. I'm sure my association with them will go on. I'm not sure what shape that will take. A guilty plea, but not turning her back on action. Ruth Wynn-Williams, ONE News. Next on ONE News ` we hear from the NZer who's adamant Lance Armstrong is a drug cheat. Also, they're oh so close ` look who's the Queen's companion as her husband recovers from his illness. The link between a famous movie scene and the lead up to London's Olympics, and from exotic dancing to hitting out in the ring ` the NZ boxers set to make history at the games. Then at 7 ` our modern world may have it all, but is city life making us lazy? The debate on whether Lance Armstrong's a drug cheat has stepped up a gear tonight, and a NZer who was once his teammate says it's about time. The champion cyclist has been charged by America's anti-doping agency and was immediately banned from competing in triathlons. This from our US correspondent Jack Tame. He beat cancer for seven victories in the toughest cycling race on earth. Drug cheat or not, Lance Armstrong's Tour de France feats seemed nothing short of superhuman. If we all come to the start line butt naked, he's got something extra there, there's no doubt about it, Did you see Lance Armstrong receiving transfusions? Yes. More than once? Ah yes, multiple times. And you saw him using EPO? I had, yeah. I also received some from him. Compelling comments from two who rode alongside Armstrong. Now the US anti-doping agency is charging the cycling champ-turned multisport star. It says testing shows that Armstrong used blood transfusions, growth hormones and drug masking agents, and it has witnesses. Absolutely not. Never. Not once? > Not once. Armstrong's always denied doping. Now he's saying the charges are... It could yet be months before any evidence is heard. Well, I suspect this case will tease out a lot of information about other cyclists, and it may be that that's sufficient to take cases against them, too. A guilty verdict could see him stripped of the seven titles, and it could cost Armstrong even more. We've just had a look in this Nike flagship store. Inside there are dozens of products from Lance Armstrong's official brand. And as well as Nike, he boasts ten other major sponsors. Remember, the last American superstar to fall very publicly from grace lost millions in sponsors' contracts. For a man so often at the peak of the podium, a tumble from the top could be even greater. Jack Tame, ONE News, New York. And there've been plenty of spectacular falls from grace for Tour de France winners, among them Floyd Landis himself. He's now being investigated for fraud, related to a defence fund he set up to try to clear his name after being stripped of the 2006 title for drug use. Spaniard Alberto Contador claimed contaminated meat was to blame after losing his 2010 crown for failing a dope test. And the first German to win the tour, Jan Ullrich, has become a hair product ambassador with the slogan, 'doping for the hair'. The 1997 champion was banned for two years for a blood-doping scandal. The crisis in Syria now has two Cold War enemies at loggerheads, as the conflict escalates. The crisis in Syria now has two Cold War enemies at loggerheads, as the conflict escalates. US Secretary of State Hillary Clinton has accused Russia of supplying the Syrian government with more helicopters and arms. The Russians insist they're not doing anything illegal. France is also turning up the heat, saying the UN should get the power to enforce Kofi Annan's peace plan. The Queen's been out and about again as she counts down to her official birthday celebration. There's still doubt about whether her husband will make it to this weekend's trooping the colour, but as the BBC's Nicholas Witchell reports, she isn't short of company. She's continuing on her Jubilee travels, but without her husband. The rest of the family is rallying around. Today the Queen was joined by Prince William and the Duchess of Cambridge on a visit to Nottingham. Thousands of people had come out to greet the Queen. Accompanied by William and Catherine, there was a walkabout in the city centre and then an appearance on the balcony of the city's Council House. A familiar figure waving, and what this summer has become a familiar sight ` large crowds and cheers being given. And then, in a local park, the Queen named one of the playing fields, which will be a permanent legacy of this Jubilee. CHILDREN SING Prince William is the patron of the playing fields initiative. How grateful we all are to you How grateful we all are to you for the extraordinary devotion and love you've shown to the people of this country and the Commonwealth. Get set... STARTING GUN FIRES William went off to start a race, leaving the Queen with the family's newest member as her only royal companion. Conversation seemed to flow. Everyone seemed relaxed. If there is any concern about the Duke of Edinburgh's health, it wasn't apparent. It's 10 days now since the Duke was taken ill. His convalescence is said to be going well. The hope is that he'll be able to join the Queen for her official birthday parade, Trooping the Colour, on Saturday. The Queen will certainly hope he'll be there. The Duke will want to be there. Equally, the Queen will not want to risk her husband's recovery. And as Prince Philip recovers, here's a vision he's bound to remember. 'CHARIOTS OF FIRE' THEME Well, that famous opening scene from the Chariots of Fire movie has now been recreated. Torch bearers are re-enacting it 31 years on as part of the relay leading up to next month's London Olympics. The schoolchildren are jogging on the same beach used in the Oscar-winning film. Weather time now, and things are taking a tumble again tonight, Karen. Yes, especially down south and in the areas with clear skies. Waiouru started the day on minus-6 this morning, and it was freezing fog for Hamilton. There's a wee front flicking up over the North Island tonight, some patchy falls for Taranaki this afternoon and evening. For weather, see tvnz.co.nz I'll be back with your Friday forecast, and a look ahead to the weekend, after sport. Just ahead on ONE News, the blood debate ` should gay men still be banned from donating? And a furry friend ` why we could be seeing more seals on our beaches. They're young and dangerous. Tonight ` one mother's quest to get these young offenders on the straight and narrow. Plus, our modern world may have it all, but is city life making us lazy? And it just ended up being worse. Like, how did that happen, guys? Come on. Close Up at 7, TV ONE. The Kathmandu Winter Sale is now on, with up to 60% off a massive range. There's huge savings on fleece, thermals, down jackets, rainwear, packs and much more. Don't miss the Kathmandu Winter Sale. 1 A lack of blood can cost lives. TE PAP HAS BEEN SAVED FROM A FUNDING CUT PUBLIC PROTEST STOPPED IT Now there's renewed debate on World Blood Donor Day on whether people like gay men are being discriminated against. Arrun Soma explains. Tony Simpson is fighting for his own bloodlines. He's a gay man and wants people like him to be able to donate blood. You should not, as it were, tar everybody with the same brush. The rules are a man who's had sex with another man within five years can't give blood. Also banned are prostitutes, people who've lived in parts of Africa, and those who have lived in Britain, France and Ireland in the '80s and '90s, when mad cow disease got into the food supply They're precautions to protect people needing blood. Transfusion is the most effective way for a blood-borne virus like HIV to be passed on. But with the Blood Service crying out for donors, Rainbow Wellington argues not all active gay men have HIV. We think that it's taking a category of persons and effectively stigmatising them for being a member of that category. Whereas, in fact, this is a question of individual behaviour. In the past five years, the Human Rights Commission's received nine complaints from men denied the opportunity to donate blood because of their sexual orientation. We don't consider it discrimination, because the most important thing around the blood supply is that it's 100% safe. The Aids Foundation says gay men are 44 times more at risk of having HIV and testing won't always pick up the virus. At this time, we do not have robust systems available to do that. And hence, pending their development, we need to continue with these exclusions of all men who've had sex with other men. While Rainbow Wellington says it's discrimination, all agree blood safety comes first. Arrun Soma, ONE News. A band that's been heard for nearly a century has been making a big noise. MARCHING BAND PLAYS The US Marine Forces Pacific band helped mark the 70th anniversary of American troops coming here during the Second World War. The band heads to Auckland and Christchurch next week for more public concerts. It was formed in 1918 and travels the Pacific. A marine mammal's been spotted basking on Auckland's beaches, and it's set to become a more common sight. A jogger spotted the seal at Campbell's Bay on the North Shore and alerted ONE News. The Conservation Department says about a dozen seals are seen in our biggest city each winter. It says that number's likely to rise as the seal population recovers from a decline as a result of hunting in the 18th and 19th centuries. Updating tonight's top stories ` the police grilling of the man accused of murdering Scott Guy is set to be played in court. The Crown says the DVD of Ewen MacDonald's 5.5 hour interview will be shown in a day or two. A statement from MacDonald was read today, saying he feared he could've been the intended victim. The controversial asset sales legislation has just passed its second stage in Parliament, despite protests the government is fast-tracking the process. Economic Development Minister Steven Joyce says there's approval for the partial sales because National won last year's election. And the Reserve Bank governor is painting a gloomy picture of NZ's economy. Alan Bollard says there's no way John Key will get the books back in surplus in the next three years. But there is some good news for mortgage holders, with interest rates set to stay low after the official cash rate was kept at 2.5%. 8 store for some banking executives in America's financial giant JP Morgan Chase over a $2b trading loss. Their boss has fronted up to Congress saying he's sorry for the loss and ultimately responsible. But he says some executives could be made to pay back salaries or bonuses in the wake of the debacle. Here's ABC's David Muir. It was a harsh spotlight today for the bank CEO with the normally golden glow. JP Morgan chief Jamie Dimon, celebrated for bringing his bank through the financial crisis untainted, is unscathed no longer. < MAN: Jamie Dimon's a crook! Angry protesters greeted Dimon before his grilling on Capitol Hill. And across this country, a simpler question ` just four years after the financial crisis, how on earth did a bank this big make a trade this risky? Billions were lost within weeks. Dimon had first said this was just 'a tempest in a teapot', but today sounded a much different tone. I was dead wrong. At one point, Dimon said that risky trade 'morphed into something else.' What did it morph into? Russian roulette? It morphed into something I can't justify. It was just too risky for our company. A humbling moment for the CEO with humble roots who had long been credited with being a master of risks. Jamie Dimon is somebody who grew up in Queens. He's still very much like the guy in the playground ` he has sharp elbows, and he'll argue until you 100% convince him wrong. And... And when you do, he does what he did in Capitol Hill today. Exactly. And then he says, 'I was wrong.' I am absolutely responsible. The buck stops with me. Dimon acknowledged today the complex trade was flawed; poorly reviewed. In the wake of the financial collapse, it was Dimon who was the loudest arguing against new oversight, new regulations. Today he said, 'Bring me back. I'll help break them.' Me and lots of other folks will do whatever you want. We'll even get apartments down here. The trademark charm this grandson of a Greek immigrant used to forge his reputation, tonight rebuilding it. Is that a sign of a CEO who knows the temperature of the American people? I think it's a CEO who's been humbled. He has been humbled. He's a guy who manoeuvred the biggest bank in the nation away from the financial crisis, and now he's been humbled. He's clearly acting that way. Andrew's here with sport. Are we seeing a glimpse into the All Blacks' future? More on Cane next as we go live to the Test city. Also tonight, New South Wales bites back in Sydney as more fireworks hit State of Origin. Plus, float like a butterfly; sting like a bee ` two new Kiwis make Olympic history. And, believe it or not, a hole-in-one on a par-four at the US Open. It's like a throw back to the old days of All Blacks rugby. The selectors have picked an almost unchanged starting 15 to play Ireland in the second test in Christchurch. So here's the 15. Adam Thomson on the blindside flank is the only switch from Eden Park, with Victor Vito out injured. Young Chief Sam Cane, the back up openside flanker, takes his place on the bench. For more on Cane, let's go live to Blair Norton at the test venue in Christchurch. ANDREW, SINCE HE MADE THE WIDER TRAINING GROUP, THE SIMILARITIES HAVE BEEN DRAWN BETWEEN SAM CANE AND ALL BLACKS CAPTAIN RICHIE MCCAW. NOW CANE (20), WHO GREW UP ON A REPOROA DEER FARM, HAS A CHANCE TO JOIN HIS ILLUSTRIOUS SKIPPER AS AN ALL BLACKS FLANKER. Sam Cane proves the adage 'everything has a price' ` a Test debut hitting him in the pocket. Yeah, plenty of family coming down. < Run out of tickets? Oh, I had to buy some extras. Just three years ago, Cane was signed by Bay of Plenty from Reporoa College, near Rotorua. A dozen Super appearances; now a Test. In the first Test, two Tests, we could conceivably have blooded four new players. So we felt that was enough at this point. Cane admits he's been trying to pick the brain of captain Richie McCaw as much as possible. Such as running lines, defence lines ` just small adjustments. And I'm just trying to pick on those things all the time, listen to what he's talking about; eavesdropping in some conversations. For Adam Thomson, getting his hands on the six jersey has taken longer. It's just his eighth start at blindside in five years of Test football, after Jerome Kaino's stranglehold on the jersey. Victor had his opportunity, and we always knew it was going to be a battle for that six jersey and we were going to get a crack at it each. Unfortunately, he's been injured, so I get that chance this week. Ironically, the one area where the All Blacks are looking for improvements is the breakdown. If the Irish look at the tape, as they will, they'll see they made some headway there. And, I guess, when they slowed the ruck down is when they probably came in the game the most. The loose trio will provide most intrigue, with Cane sure to get game time; McCaw likely shifting late in the game ` perhaps a sign of things to come? Bob Parker, what has the test match meant to Christchurch this week? REINFORCES OUR PRIDE OUR RESILIENCE BUILT IN 100 DAYS IT'LL BE FUN THIS IS THE BEST PLACE TO WATCH RUGBY IN NZ SENDS A POWERFUL MESSAGE WE ARE ON OUR WAY BACK WE CAN ACHIEVE IT'LL BE AN EVEN BETTER WIN THE ATMOSPHERE IS AMAZING Thanks, Blair. Blair Norton live from AMI Stadium in Christchurch. Ireland's revealed their hand for the second test, making four changes to their battered and bruised team. Despite a fair chunk of their players missing training for most of the week, the Irish believe they can improve. We have to think about our performance, and not really... We aren't really concerned about the result. We have to play a lot better than we did and not concede as many turnovers. And Blues lock Filo Paulo has been suspended for five weeks, ending his Super Rugby season. Paulo was involved in a fight in last weekend's North-South game, punching South lock Tom Donnelly. New South Wales has kept the State of Origin league series alive with a bruising 16-12 win over Queensland in Sydney. This time the home team was on the right side of another controversial referee's call. Australia correspondent Steve Marshall has more. A performance to put their names to. There you go, matey. On a night that included a singing Seal and a canine intent on keeping the match ball, the Blues finally found their inner beast. A magnificent opening exclamation! Robbie Farrah was a demon in defence, racking up a record 64 tackles with his seriously ill mum in mind. You go out there and you play for your family, and your play for the jersey, and that's what I tried to do tonight. Brett Stewart drew first blood for the Blues, but a defensive lapse gifted Queensland a 6-4 half-time lead. It's gone to ground. Picked up by Queensland! Cooper Cronk's professional foul on Todd Carney earned him a spell in the sin bin, and the Blues took full advantage. Stuart! He's got the pace. He's inside 20. He's inside 10. And, like game one, another contentious try was allowed to stand. Morris will score. The ref ruled the ball was stripped and not lost forward onto Jarryd Hayne's boot. On the big screen, to me, it looked like he lost control of the ball. Cronk returned to the cauldron, and Greg Inglis ignited the famous late Queensland surge. The Maroons should have levelled. It was a vital moment. It spurred the Blues on to a gutsy victory, but the job's half done. We've shown you and our supporters that we can win an Origin game. But we have to prove to ourselves that we can win an Origin series. A tough mission ahead in Maroons' territory in three weeks' time. Steve Marshall, ONE News,Sydney. NZ Olympic rower Mahe Drysdale has had a narrow escape on the streets of Munich. The single sculler was cycling as part of his training when he was knocked off his bike, sustaining a shoulder injury. He has an MRI scan in around three hours. Drysdale will be out of the boat for four days, meaning he'll miss this weekend's World Cup Regatta in Munich. The injury won't affect his Olympic campaign. Two former dancers will make Olympic history after being confirmed as the only NZ boxers heading to London. and will become the first women to fight at the games. Stephen Stuart reports. Siona Fernandes breaking out her classical Indian dance moves, which have helped get her to the Olympics as a flyweight boxer. You could term her an exotic dancer ` Portuguese parents, but raised in India and arriving in NZ with a degree in performance dance. The fitness instructor only took up boxing two and a half years ago and found her previous background helped her balance in her new sport. A lot of speed comes from dancing, because you practise everything in three different speeds. Right from slow to the fastest, you can go in the same movement. So, absolutely, it does transfer to boxing. The 29-year-old is in the 51kg class, and while it might sound cliched, she does punch above her weight. She's got a lot of spark. She's very strong for her weight. I mean... For a 51kg girl, she's really got some pop. Her Olympic teammate, South African-born Alexis Pritchard, also has a dancing background. But now the 28-year-old cake-decorating physiotherapist is dishing out tap in the 60kg division. If I can get my feet moving and my range going, you know, shorter people effectively can't get to me. And they won't rattle Fernandes either. Discipline is, like, the big word; commitment. And I seem to be that sort ` like, I like a little bit of, 'Hey, tame me,' you know? With no men qualifying, the pair of smiling assassins will carry NZ's boxing Olympic hopes. I have been known to state publicly I was against female boxing. What about now? No, I'm not against it at all. And they can't wait to put their best foot forward. Stephen Stuart, ONE News. Eight weeks ago, Kiwi triathlete Kate McIlroy could barely run, recovering from a calf tear. Now she's back training at full capacity, confident of being at her best for the Olympics in just seven weeks. The 30-year-old is in the south of France with the rest of the Kiwi team, and will race in the Kitzbuehel World Cup event next weekend. A few self-doubts every now and then, but that was probably before I left NZ. Now that things are tracking well and I've increased my volume, and I'm pretty much back at full running volume, as what I'd normally be, I feel like I'm really on track now, for London. The decision whether an athlete is fit enough to compete at the games will come down to head coach Greg Fraine and his management team. Reserves Debbie Tanner and Clark Ellice are also training with the squad in France. The Netherlands are facing early elimination from football's Euro 2012 following a 2-1 defeat at the hands of Germany. Striker Mario Gomez scored two goals in the first half. Gomez again! He has the confidence and the class to do just that. This boy's on fire. Robin van Persie's bullet-like strike the only time the German defences were beaten, and Danish fans had an up and down afternoon with their side stung by Portugal. A second half fight back saw the Danes tie the scores at 2 all, but Portugal broke the deadlock three minutes from time to win 3-2. And Portugal will eliminate the Dutch if they beat them on Monday. Finally in sport, the magic just keeps coming out of the US Golf Open, which starts tomorrow at the Olympic course in San Francisco. Spaniard Alvaro Quiros was teeing off on the 288-yard par-four seventh in a practise round, but no one was expecting this... the 29-year-old got a big confidence boost out of that. And Andy Zhang, the Chinese 14-year-old who'll be the youngest person to play the Open has also been preparing. Tiger Woods silenced any questions about whether Zhang should be there. Hey, he qualified. He earned a spot. You know, I` I tried out when I was 15, and it's not too young if you can do it. Tiger's shaping as a favourite for the Open, as he chases a 15th major victory. POSSIBLY... Thanks, Andrew. After the break, Karen's here with the weather. One mother's personal mission. See why her determination has these teens on the straight and narrow. And the doping rumours have been rife for years. Lance Armstrong's former teammate and whistle-bowler on the seedy side of cycling. And is urban living turning us into sloths? Close Up's here next, TV ONE. Hello again. Still got the chilly southerly flow over us. A few showers for eastern areas, but it was mainly fine in the west and north. A few more snow showers on the way from tonight. These are the roads and passes to keep an eye on over the next couple of days. for weather, see tvnz.co.nz Fine and crisp in the north and west of the South Island. Grey skies, showers and southerly winds everywhere else. Snow down to 400m in the south and 500m in the east. The snow showers become more frequent and heavy in inland parts of North Canterbury in the afternoon. Snow will also affect the higher roads of Marlborough. Showers gradually clearing from the middle portion of the North Island, and then northern places as the front moves on. Showers continue in the south, with a few catching the eastern coastline as well. Later in the day, the showers will become heavier around Wellington and Wairarapa. for weather, see tvnz.co.nz That's all from me. Have a nice evening. And that's ONE News for Thursday.
Speakers
  • Alan Bollard (Reserve Bank Governor)
  • Barry Smedts (Immigration Advisors' Authority)
  • Clayton Cosgrove (Labour MP)
  • Corin Dann (TVNZ Political Editor - live from Parliament)
  • David Kneebone (Sorted Spokesman)
  • David Parker (Labour Finance Spokesman)
  • Det Sgt David Thompson (Investigating Officer)
  • Elyse Guise (Home Buyer)
  • Fetongi Malupo (Accused Businessman)
  • Gareth Vaughan (interest.co.nz)
  • John Key (PM - National)
  • Lucy Lawless (Actor and Activist)
  • Mike Mayo (Author, "Exile on Wall Street")
  • Nathan Vardi (Forbes.com)
  • Russel Norman (Green Party Co-Leader)
  • Snr Constable Terry Moore (Reading Ewen MacDonald's Statement)
  • Steven Joyce (Economic Development Minister)
  • voice of Peter Coles (Defence Lawyer)
  • voxpop
  • Winston Peters (NZ First Leader)