Midday Report

First it was selling off Auckland Airport shares - now Auckland's mayor has a new money-raising plan to lease out the city's port.

Wayne Brown says he will consult Aucklanders on what he's calling the Auckland Future Fund - a new regional wealth fund which would boost climate change resilience and help reduce any future rate rises.

One of the proposals would see the council-owned Ports of Auckland leased out to an operator or investor and the money reinvested in the new fund.

Auckland Deputy mayor Desley Simpson spoke to Charlotte Cook.

Pressure is mounting on the new Prime Minister Christopher Luxon to rein in his Deputy Winston Peters - less than one week into the job.

Already the New Zealand First leader and Deputy Prime Minister is at the centre of controversy.

Earlier this week he issued a directive for RNZ and TVNZ to reduce the use of te Reo and claimed the media has been bribed by the previous government.

New Zealand On Air board member, Andrew Shaw, resigned on Tuesday after openly criticising Peters on social media.

Labour leader Chris Hipkins says the Prime Minister has already lost control of his Cabinet.

RNZ Deputy Political Editor Craig McCulloch spoke to Charlotte Cook.

A New Zealand charity ship stranded in Fiji will be home by Christmas after enough money was raised for repairs.

The Koha and its crew of volunteers were providing medical aid to isolated communities in Fiji when an issue with the tailshaft left them stranded in Lautoka with a $300,000 bill.

Youth with a Mission Ships Managing Director Marty Emmett spoke to Charlotte Cook.

Latest figures from Trade Me show the housing market is starting to turn.

Its Property Price Index for October shows average asking prices increased across every region in the country, with the national average asking price up 2.4 percent to $860,750.

Trade Me Property Sales Director Gavin Lloyd spoke to Charlotte Cook.

Vegetables New Zealand is optimistic the new government has food security front of mind and will back the expansion of vegetable growing areas in New Zealand.

Susan Murray has the rural news.

The Hurricanes Poua have been dealt a blow ahead of next year's Super Rugby Aupiki competition with World Cup winning Black Ferns winger Ayesha Leti-l'iga ruled out of the entire season with a serious knee injury.

Stephen Hewson has sports.

Airports and utilities software developer Gentrack is back in the black, driven by strong revenue growth.

Anan Zaki has the business news.

Thirty-three years after David Tamihere was convicted of the murders of Swedish tourists Urban Hoglin and Heidi Paakkonen the case is being heard in the Court of Appeal on Tuesday.

He was granted a rare Royal Prerogative of Mercy in 2020, after two key elements of the Crown case were proven wrong.

Reporter Jemima Huston has been in court and spoke to Charlotte Cook.

The new coalition government will hold its first Cabinet meeting on Tuesday.

The Cabinet will have 20 ministers - 14 from National, and three each from ACT and NZ First. National will have five Ministers outside Cabinet, with two from ACT and one from New Zealand First.

There will be a lot of fresh faces sitting around the table - as the government hopes to get cracking on its 100-day plan.

The Prime Minister Christopher Luxon says fixing the economy is his "number one job".

He also plans to repeal the fair pay act and Resource Management Act, visit Australia, and write and release its mini budget by Christmas.

Former National Party leader Simon Bridges was both a minister in and outside of cabinet and knows how the newbies will be feeling.

Bridges spoke to Charlotte Cook.

State Highway Two south of Wairoa has reopened - but is down to one lane - as work continues to clear a slip where a person was killed and another seriously injured in a crash on Sunday.

Dozens of roads in and around the Wairoa and Tai Rāwhiti regions have been affected as the region mops up yet again after another bout of heavy rain.

Waka Kotahi acting regional manager of maintenance and operations Mark Owens spoke to Charlotte Cook.