1Finance Minister Roger Douglas has informed Caucus that he can no longer continue in his role under David Lange's leadership, and that if Caucus re-elects Lange as Prime Minister, he will resign his position. David Lange retaliated by firing Douglas from Cabinet and replacing him with David Caygill, prompting Associate Finance Minister Trevor De Cleene to resign in sympathy with Douglas.
The foreign currency market went into a panic, leading to the New Zealand dollar plummeting in value.
Reaction from Australia, and a background of the rise and fall of Roger Douglas. Followed by a live interview with political reporter Alastair Carthew.
- Start 0 : 00 : 12
- Finish 00 : 23 : 38
- Duration 23 : 26
Reporters
- Rae Lamb (Reporter, Television New Zealand)
- Chris Ryan (Reporter, Television New Zealand)
- Cathy Campbell (Reporter, Television New Zealand)
- Mark Sainsbury (Reporter, Television New Zealand)
- Susan Wood (Reporter, Television New Zealand)
- Pauline Hudson (Reporter, Television New Zealand)
- Richard Long (Interviewer)
Speakers
- Roger Douglas (Minister of Finance, Labour Party)
- David Lange (Prime Minister, Labour Party)
- David Caygill (Minister of Finance, Labour Party)
- Geoffrey Palmer (Deputy Prime Minister, Labour Party)
- Ruth Dyson (President, Labour Party)
- Richard Prebble (Former Minister of State Owned Enterprises [SOEs], Labour Party)
- Rodney Payne (Spokesman, Bankers' Trust)
- Jon Cimono (Chairman, Auckland Stock Exchange)
- Jim Bolger (Opposition Leader, National Party)
- Brian Chamberlin (President, Federated Farmers)
- Ken Douglas (President, Council of Trade Unions [CTU])
- Don Brash (Governor, Reserve Bank of New Zealand)
- Sue Bradford (Spokesperson, Unemployed Workers)
- Trevor de Cleene (Undersecretary for Finance, Labour Party)
- Alastair Carthew (Political Reporter, Television New Zealand [TVNZ])
Associated
- Sir Ron Trotter (Chair, New Zealand Business Roundtable)
2Today saw the biggest electricity strike in New Zealand history. Rolling power cuts caused disruption to businesses, chaos on the roads and hardships in homes.
- Start 00 : 27 : 14
- Finish 00 : 30 : 04
- Duration 02 : 50
Reporters
- Tsehai Tiffin (Reporter, Television New Zealand)
Locations
- Auckland, New Zealand (Auckland)
- Wellington, New Zealand (Wellington)
- Christchurch, New Zealand (Canterbury)
- Dunedin, New Zealand (Otago)
- Huntly, New Zealand (Waikato)
3American television network NBC is entering the New Zealand market, buying a stake in TV3. However a date for the launch of TV3 has still not been decided.
- Start 00 : 30 : 04
- Finish 00 : 32 : 16
- Duration 02 : 12
Reporters
- Stephen Christensen (Reporter, Television New Zealand)
Speakers
- Trevor Egerton (Chief Executive, TV3)
4Horror stories about the Clapham Junction train crash in London have emerged today. Was it an accident waiting to happen? Could it have been prevented?
- Start 0 : 36 : 25
- Finish 00 : 38 : 19
- Duration 01 : 54
Reporters
- Liam Jeory (Reporter, Television New Zealand)
Associated
- Margaret Thatcher (British Prime Minister, Conservative Party)
Locations
- London, United Kingdom (England)
5Soviet leaders have pledged to improve the shambolic way aid and relief is being distributed to the survivors of the Armenian earthquake, and have also declared war on looters.
- Start 00 : 38 : 19
- Finish 00 : 40 : 00
- Duration 01 : 41
Reporters
- Barry Petersen (Reporter, CBS)
Locations
- Yerevan, Armenia (Yerevan)
6Palestinian leader Yasser Arafat addressed the United Nations (UN) for the first time in fourteen years today, and came close to explicitly recognising Israel. Most of the delegates were impressed with his speech, with the exception of Israel and the United States who doubted his sincerity.
- Start 00 : 40 : 00
- Finish 00 : 41 : 00
- Duration 01 : 00
Contributors
- Yasser Arafat (Leader, Palestine Liberation Organisation [PLO])
Locations
- Genève, Switzerland (Geneva)
7Representatives from South Africa, Angola and Cuba have met in Namibia and signed an agreement ending more then 100 years of White rule in the territory. South Africa agreed to grant Namibia independence, in return for Cuba's promise that it will withdraw 50,000 troops from Angola.
- Start 00 : 41 : 00
- Finish 00 : 41 : 18
- Duration 00 : 18
8Irish Attorney General John Murray has announced that Catholic priest Father Patrick Ryan will not be handed over to Britain to be tried as an Irish Republican Army (IRA) terrorist,
- Start 00 : 41 : 18
- Finish 00 : 41 : 33
- Duration 00 : 15