The Panel with Niki Bezzant and Bill Ralston (Part 1)

The government has announced a new repair package for people who bought quake-damaged homes, expected to cost around $300 million. Markets have tumbled around the world in the past 24 hours. RNZ's Business Editor Gyles Beckford brings us the latest and explains what it means and whether the world might be headed for a recession. New Zealand has the 11th-lowest net debt-to-GDP ratio out of 183 countries around the world. RNZ's Gyles Beckford joins the panel to explain why, and whether we need to change our philosophy. National's Deputy Leader, Paula Bennett is to vacate her Upper Harbour electoral seat to oversee the party's campaign for the 2020 election, which has prompted speculation that it's being vacated for outgoing Air New Zealand chief executive Christopher Luxon. For people who aren't great at spelling, AutoCorrect was like a gift from the gods ... but is it having knock-on effects on useful skills?