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Speaker 1: Pressing the newsmakers to get the real story. It's Ryan

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Speaker 1: Bridge on either Duper c Ellen Dre with one New

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Speaker 1: Zealand coverage like no one else new saw senb Good afternoon.

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Speaker 2: Coming up on the show, we'll go to the US

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Speaker 2: on Greenlands. Another key we firm amputates and cells to

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Speaker 2: the French pleachers joining Fonterra. Four shark attacks in Australia,

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Speaker 2: New South Wales and the space of two days. They're

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Speaker 2: saying don't swim in the ocean for a week around Sydney.

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Speaker 2: China's population problem is a two milks problem. Also, we're

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Speaker 2: in the UK, we're in Australia and they have just

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Speaker 2: passed by the way across the Tasman The hate speech

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Speaker 2: laws will be across that with Murray Olds shortly.

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Speaker 3: Ryan Bridge was at.

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Speaker 2: The movies recently and the first three ads that came up,

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Speaker 2: you know when you watched the shorts beforehand, they were

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Speaker 2: kind of interesting. We had a fast food add I

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Speaker 2: think it was KFC, something chicken. We had a Burger

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Speaker 2: fuel ad and then for dessert to top things off,

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Speaker 2: we had a way Go viad. There was a chunky

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Speaker 2: woman climbing. I think I can say that there was

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Speaker 2: a chunky woman climbing stairs out of breath. Then there

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Speaker 2: was a chubby guy. See I'm being equal opportunity here.

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Speaker 2: Everyone gets a serve chubby guy struggling to get into

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Speaker 2: a wetsuit. And the message was simple, take this drug

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Speaker 2: and you will get your life back. And if you

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Speaker 2: look at the fattest, well the biggest countries in the

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Speaker 2: world obesity rates, this is we are a podium finish.

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Speaker 2: We are the third biggest in the developed world. The

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Speaker 2: Americans are. Unsurprisingly, you won't be surprised to hear that

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Speaker 2: they are ahead of us. If you go to the movies,

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Speaker 2: you can see calls and effect in the space of

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Speaker 2: about three minutes of ads. Too much process food plus

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Speaker 2: lack of exercise equals obesity divided now of course by wagovi,

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Speaker 2: which will potentially solve everything, or does it.

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Speaker 4: Now?

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Speaker 2: The debate is about who should pay. And I heard

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Speaker 2: an argument yesterday which is kind of interesting because you

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Speaker 2: hear about people putting all the weight back on once the

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Speaker 2: drugs wear off. If the state or the government pays

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Speaker 2: for the drugs, the argument goes that you might be

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Speaker 2: less likely to keep the weight off because you're not

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Speaker 2: as financially invested in the outcome as you would be

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Speaker 2: if you paid for it out of your own money.

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Speaker 2: Is it more effective if paid for by an individual?

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Speaker 2: That's the question. Now I don't know the answer to

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Speaker 2: that question. But the problem we have here in New

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Speaker 2: Zealand and look, it's not a bad thing in most cases,

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Speaker 2: but the problem we have in New Zealand which they

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Speaker 2: don't have in America, is a public health system, a

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Speaker 2: publicly funded health system where the cost of being obese

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Speaker 2: and heart disease, diabetes, etc. Is worn by all of us,

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Speaker 2: by everybody. They reckon the indirect costs of obesity as

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Speaker 2: the health epidemic that it is is somewhere between seven

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Speaker 2: and nine billion dollars a year in New Zealand. The

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Speaker 2: cost of handing out free way Gov, i'msure, but could

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Speaker 2: be as high as three million dollars a year if

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Speaker 2: everyone who really needed it got it. Now. Farmac's budget

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Speaker 2: is one point seven billion dollars a year right now,

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Speaker 2: so it is you know, double Farmac's current budget potentially.

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Speaker 2: So the question for farm Mac is simple, do the

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Speaker 2: costs outweigh the benefits? And if you fund the drug,

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Speaker 2: will people stay on it and actually keep the weight off.

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Speaker 2: In the US, you've got the Trump administration flipping the

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Speaker 2: food pyramid and on its head, basically putting protein at

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Speaker 2: the top. There's an Eat Real Food campaign that they're

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Speaker 2: running over there that make America healthy again. Given the

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Speaker 2: amount of fast food and wag over ads that we

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Speaker 2: are being bombarded with here in New Zealand, would it

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Speaker 2: not be sensible to also have some ads telling people about,

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Speaker 2: you know, eating meat, eating dairy, eating fresh fruit and vegetables.

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Speaker 2: Should we not be seeing ads like that every day

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Speaker 2: in this country? Bran is the number text love to

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Speaker 2: hear from you. Just gone ten after four. Now school's

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Speaker 2: in for almost in for the year, but without the

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Speaker 2: number of teachers that are needed with the new term

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Speaker 2: just days away. Schools are short hundreds of teachers and

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Speaker 2: principles and it's from early childhood centers right through to

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Speaker 2: secondary schools. About seventy five percent of vacancies are in

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Speaker 2: the North Island, with one hundred and twenty five in

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Speaker 2: Auckland alone. Joining me now is Vicky Barry, who is

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Speaker 2: principal at Northcote College. Good afternoon, good afternoon, how are

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Speaker 2: you good? Thank you? Is this a big problem at

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Speaker 2: your school.

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Speaker 5: Getting quality teachers is one of the most significant challenges

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Speaker 5: we face. That's at my school and across New Zealand.

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Speaker 5: We are working tirelessly to try and attract and retain

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Speaker 5: great teachers. And we are still a couple of teachers

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Speaker 5: short at Northcote College for the beginning of the new year.

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Speaker 5: So we're working hard to resolve that before students return.

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Speaker 2: Right, is that likely to happen or will you go

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Speaker 2: and to term a couple of teachers down.

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Speaker 5: Yeah, we are confident that we'll be able to cover

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Speaker 5: the timetable, but we are working hard to find the

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Speaker 5: right people in particular subjects. So you know, there are

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Speaker 5: some real pinch points. Carpentry and construction is one for us.

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Speaker 5: We need a new teal Maori teacher which where yeah,

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Speaker 5: where we don't really need until the beginning of term two,

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Speaker 5: but would like to have them on board before then.

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Speaker 5: So yeah, So wasn't that the biggest difference for students?

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Speaker 5: Nothing else matters anymore?

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Speaker 2: Yeah, no, I agree with that. So carpentry, construction malded classes.

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Speaker 2: Who will teach them in the meantime? Do you have

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Speaker 2: relief teachers? How does it work?

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Speaker 5: We've got some flexibility within the timetable and the teachers

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Speaker 5: that we've already got. So we're making changes to the

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Speaker 5: timetable to cover it temporarily, but we look forward to

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Speaker 5: having permanent people in those roles.

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Speaker 2: And you said quality teachers, are you getting lots of

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Speaker 2: people who apply her?

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Speaker 4: Bit?

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Speaker 2: Crap?

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Speaker 5: There are always applicants for jobs who we wouldn't appoint

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Speaker 5: And that's really like, I really appreciate you picking up

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Speaker 5: on that, because it isn't a shortage of supply of teachers,

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Speaker 5: it's a shortage of quality teachers. The issue so deserve

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Speaker 5: equality teacher.

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Speaker 2: I agree with that. What's wrong with them? The ones

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Speaker 2: you don't peck?

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Speaker 5: I think in New Zealand we are asking teachers to

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Speaker 5: do some really particular things. We need really good teachers

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Speaker 5: in New Zealand. New Zealand students are not likely to

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Speaker 5: sit in a row and hang off every word of

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Speaker 5: teacher says. They actually require an energetic, enthusiastic, quality teacher

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Speaker 5: to engage them and give them the success that they need.

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Speaker 5: I think teaching is particularly challenging in New Zealand, and

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Speaker 5: there's an equity issue. We need to do a great

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Speaker 5: job for all teachers some students are really easy to teach.

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Speaker 5: The rewards come from being successful with students who need

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Speaker 5: us more, students who benefit more from quality teachers.

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Speaker 2: That's the third time you mentioned New Zealand students. Are

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Speaker 2: you getting are you saying without saying? And I can

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Speaker 2: understand why you're cautious, but are you getting lots of

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Speaker 2: overseas applications? And when they come to teach in the class,

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Speaker 2: the students either aren't engaged or aren't energized by them.

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Speaker 5: We avoid appointing anyone who who won't be successful because

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Speaker 5: actually that's not fear on the teaching colleague or on

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Speaker 5: the students. So there are applicants who don't make it

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Speaker 5: through our recruitment process because they can't demonstrate their aptitude.

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Speaker 5: And we know we advertise for the sort of teachers

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Speaker 5: that we want out.

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Speaker 2: Of interest, so that the classes that you know, you

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Speaker 2: don't fill in your average year. What percentage of the

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Speaker 2: applicants would you say are from New Zealand trained teachers

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Speaker 2: versus overseas.

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Speaker 5: Depends completely on the It depends completely on the on

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Speaker 5: the role. So sometimes, yeah, sometimes we would have more

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Speaker 5: applicants from overseas than we have from within New Zealand

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Speaker 5: and we're teachers, so that's you know, we're in a

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Speaker 5: creditor employer and we work with immigration in New Zealand

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Speaker 5: yet visas and yeah, we've employed some fantastic teachers from overseas.

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Speaker 2: All right, Vicky, interesting stuff, appreciate your time, Thank you

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Speaker 2: for being with me. That's Vicky Barry, principal at Northcote

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Speaker 2: College and Auckland. And Vicky was saying that they take

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Speaker 2: a bunch of teachers. They have had a bunch of

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Speaker 2: teachers from overseas in the past, some of them have

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Speaker 2: been very good. Also that she's been a principal there

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Speaker 2: for twenty years at Northcote and it was the teacher

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Speaker 2: shortage was a problem when she started. It's still a

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Speaker 2: problem now, like we're not fixing the problem is basically

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Speaker 2: the gist of it, and you need graduates, and to

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Speaker 2: get graduates, you need graduates who are going to get

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Speaker 2: good salaries. And do we have good salaries? Well, I mean,

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Speaker 2: if you go across the Testament, no we don't, not right,

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Speaker 2: I mean, well I think they're pretty good salaries, but

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Speaker 2: they're certainly not going to match what they're paying you

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Speaker 2: on New South Wales I would have thought sixteen minutes

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Speaker 2: after four, you're on News Talks MB nine ninety two

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Speaker 2: the numbers text and we'll be with Darcy next.

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Speaker 1: It's the Heather to Bussy Alan Drive Full Show podcast

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Speaker 1: on iHeartRadio powered by News TALKSB.

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Speaker 2: News Talks INB. It is nineteen minutes after four, Ryan,

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Speaker 2: here we go wait for the election. Labor will make

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Speaker 2: a promise if in government that they will pay for

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Speaker 2: the way goo V drugs, the weight loss drugs. In

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Speaker 2: other words, we will have to pay more taxes to

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Speaker 2: fund it. It's a fair question, Ryan, this is an

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Speaker 2: easy fixed. Government needs to subsidize healthy food, fruit and vegetables. Look,

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Speaker 2: I completely agree it's a fantastic idea, but it's it's

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Speaker 2: a rainbows and butterflies and money falls grows on trees idea.

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Speaker 2: Because where are you going to get the money for

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Speaker 2: that to subsidize healthy food? I mean the only well

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Speaker 2: the only way really you could do it is by

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Speaker 2: taxing bad food. So you would have to text the

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Speaker 2: hell out of sugar or drinks or something to pay

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Speaker 2: for something like that. I would have thought, And Keith

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Speaker 2: is just winding me up. Keith says, why don't we

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Speaker 2: given the rise of obesity process food's a great opportunity

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Speaker 2: to promote a vegan diet. A beans over beef advert

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Speaker 2: before the film started would have been a great idea, Keith. No,

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Speaker 2: even my vegan friends and I've got two of them

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Speaker 2: are eating fish. And when it went up for lunch

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Speaker 2: of them on the weekend, they're eating fish. I'm like,

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Speaker 2: you got this is a joke.

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Speaker 3: Anyway, there was a sport with tab power plays better

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Speaker 3: than log figure odds are eating bet responsibly, dars.

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Speaker 6: I'm not racist, but come on, two of my best friends.

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Speaker 7: Aren't you?

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Speaker 6: That's what you said. That's what it came out to me, like.

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Speaker 2: Hi, how are you good? How are you?

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Speaker 6: I'm marvelous, good to see you again.

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Speaker 2: I am almost now Tony Brown he's got a no

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Speaker 2: exit course, so basically he has to stay with the

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Speaker 2: with the so Africans.

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Speaker 8: Do you really honestly believe in this day and age

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Speaker 8: that any contracts mean anything at all?

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Speaker 2: Ever, Well, you can be bought out of it. Yes,

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Speaker 2: So you think this is a nothing story.

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Speaker 6: Well it's a story.

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Speaker 8: But I look at sport contracts specifically. You can get

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Speaker 8: out of any sport contract you want if you want

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Speaker 8: to get out enough, you can get out and we'll

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Speaker 8: use the classic athlete one.

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Speaker 6: Oh you know for the family. I'm his home. Doesn't

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Speaker 6: know what's written down.

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Speaker 8: So if he wants to come and Jamie Joseph gets

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Speaker 8: the job and he wants to go up, but it will.

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Speaker 2: Happen, Darcy, I love it. How we've already moved on

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Speaker 2: to who's the number two? The media is made of

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Speaker 2: its mind. It's Jamie Joseph. And who's he going to

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Speaker 2: bring with him?

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Speaker 8: Well, it'd be bizarre if Jamie Joseph didn't get the job.

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Speaker 8: He's a guy came back from Japan to get the

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Speaker 8: job and he didn't get the job.

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Speaker 6: Second time around. Now he's hanging around game. Well, I'm

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Speaker 6: not the Highlanders. All the jobs come up. Yeah, they

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Speaker 6: put his hand up, of course, and he worked with

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Speaker 6: Tony Brown. I want to do go back to Japan

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Speaker 6: and grab Todd Blackheader. Andre, we don't know. My main

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Speaker 6: thing around speculating, Well, of course this nature a bores

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Speaker 6: a vacuum. They fall it full of talkback.

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Speaker 2: All Whites have announced a couple of matches at Eden Park.

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Speaker 2: This is in March, yep.

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Speaker 8: This is just before they go off.

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Speaker 3: To the FIFA World Cup.

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Speaker 6: Great good gel and Finland.

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Speaker 8: They're playing and it's there are a couple of high rate,

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Speaker 8: high enough ranking teams like you know, I think, oh

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Speaker 8: fifty sixties type of thing they both sit at. But

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Speaker 8: the more rehearsal this team get not necessarily about the

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Speaker 8: quality opposition, but the different styles South American and European

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Speaker 8: football very very handy. But it's a matter about getting

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Speaker 8: into a fly and a rhythm and understanding what you

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Speaker 8: are doing and how you play your game more as

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Speaker 8: how you defend against another game.

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Speaker 2: I have a quick question for you, because we've got

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Speaker 2: the Winter Olympics and next month COMM Games and FIFA

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Speaker 2: World Cup. In terms of New Zealand audience, have those

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Speaker 2: three events, what will be the most watched.

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Speaker 6: Fifif yeah, I would say FIFA dominates.

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Speaker 2: Everything and no want to watch COMM games?

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Speaker 8: Well probably not like will, but you know, I'm a

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Speaker 8: sport tragic, the sports tragic.

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Speaker 6: Will they watch it on TV?

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Speaker 8: I don't think they'll fly to America to watch it.

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Speaker 8: They might fly to Canada and Mexico to watch it,

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Speaker 8: but apparently quite a few tickets have gone here. And no,

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Speaker 8: we're not really going to go. There's a few people

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Speaker 8: a bit terrified about ice and I don't want to

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Speaker 8: go there. And I kind of get there too.

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Speaker 6: But no, FIFA is the mother of all sports.

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Speaker 2: One. This ye Hayden pattern is on your show here,

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Speaker 2: Yes he is.

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Speaker 8: He starts as WRC return at Monte Carlo. So we'll

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Speaker 8: talk to him about that this evening on.

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Speaker 2: The program, brilliant looking forward to it. Dars good to

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Speaker 2: see you. Minutes after four year on News Talks, Hebb.

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Speaker 1: Cutting through the noise to get the facts. It's Ryan

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Speaker 1: Bridge on hither duplicy Ellen Drive with one New Zealand

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Speaker 1: coverage like no one else.

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Speaker 3: News Talks B.

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Speaker 2: It is News TALKSB twenty six minutes after four Ryan,

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Speaker 2: I noticed that we spoke to a principle about this

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Speaker 2: teacher short so called teacher children. I mean, it is real,

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Speaker 2: but how dramatic is it? I guess is the question.

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Speaker 3: Ryan.

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Speaker 2: I noticed that the principal said, we have plenty of teachers,

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Speaker 2: but some teachers are not great communicators. I can't keep

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Speaker 2: the students engaged. It's been an issue with teachers that

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Speaker 2: aren't gifted as teachers. This comes back to the criteria

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Speaker 2: of accepting a certain type of person at teacher Training College. Well,

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Speaker 2: I don't know what that certain or who that certain

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Speaker 2: type of person is, but I can remember because we

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Speaker 2: were talking about relief teachers. Some of the most memorable

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Speaker 2: teachers I had were relief teachers, I guess because they

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Speaker 2: would come in and do fun stuff like they didn't

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Speaker 2: really have to. You know that there was a woman

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Speaker 2: who came in and she would sing. I can remember

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Speaker 2: a teacher who would sing to us songs that we'd

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Speaker 2: never heard before, like Catholic primary school and she's singing

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Speaker 2: like pop hits. Not that I was at Gloria Vale,

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Speaker 2: but just you know, a little unusual, come in and

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Speaker 2: do something a little unorthodox and leave an impression.

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Speaker 9: So your suggestion to the education minister and all the teachers,

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Speaker 9: Ryan is that more of them need to start singing

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Speaker 9: pop music, and.

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Speaker 2: I think problems will turn around. I think so. I know,

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Speaker 2: I'm just saying that, don't write a relief teacher off.

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Speaker 2: I guess that's my point. They're not all you know,

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Speaker 2: They're not all bad and boring. Twenty seven minutes after

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Speaker 2: four news talks, ind B will get to Murray Old's

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Speaker 2: Out of Australia next and we will head to the

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Speaker 2: US on Greenland after five.

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Speaker 3: Hard questions. Strong opinion.

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Speaker 1: Ryan Bridge on hither duplicy Ellen drive with one New

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Speaker 1: Zealand and the power of satellite mobile news talks in

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Speaker 1: Bay to father.

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Speaker 2: And news talks and be great to head the company.

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Speaker 2: We'll hit to Australia very surely, Murrayolds standing by four

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Speaker 2: shark attacts in two days. And now wait for it.

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Speaker 2: This is Australia being Australia, but a crocodile attack as well,

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Speaker 2: just to throw that in for good measure. Murray Oldserby

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Speaker 2: with usened just a second after five. It's Greenland out

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Speaker 2: of the US. Let's take a look around the world.

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Speaker 1: It's the world wires on news dogs, Eddy Drive.

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Speaker 2: From the UK. Starmer is calling for calm, calm the

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Speaker 2: farm please over Greenland. Trump's making all sorts of threats

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Speaker 2: at the moment.

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Speaker 10: Mature alliances are not about pretending differences don't exist on Greenland.

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Speaker 10: The right way to approach an issue of this seriousness

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Speaker 10: it's through calm discussion between allies.

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Speaker 2: Now there's a reason not to panic. And the former

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Speaker 2: economic advisor to Donald Trump, I think sums this up

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Speaker 2: rather well. We'll get to him a little later in

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Speaker 2: the show. Also over in Australia, Elbow is pushing his

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Speaker 2: new gun laws and hate speech laws through the Australian Parliament. Today,

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Speaker 2: he's had to abandon some bits of his proposed hate

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Speaker 2: speech laws because he couldn't get enough support for them

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Speaker 2: in the Senate. Basically, some Labor senators and backbenches are

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Speaker 2: a bit annoyed about this compromised by the PM.

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Speaker 3: Language radicalizes.

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Speaker 11: Language is a precursor to heat, and unless we address that,

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Speaker 11: we will not be completely safe.

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Speaker 2: Finally, this afternoon, a cow in Australia, man, we're doing

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Speaker 2: a lot of Australian news today, are we? Oh Austria.

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Speaker 2: Answer has corrected me. Thank goodness, because it was like

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Speaker 2: we might as well do this show out of Sydney, Austria.

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Speaker 2: An Austrian cow has taught herself how to use a broom.

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Speaker 2: An Australian cow obviously couldn't do that. They're not smart enough.

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Speaker 2: Veronica is their name, Swiss brown cow. She uses the

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Speaker 2: broom as a backscratcher when she needs to hit those

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Speaker 2: hard to reach spots. Research to say that the fact

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Speaker 2: that Veronica can use a tool like this suggests that

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Speaker 2: cows might be smarter than we thought they were.

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Speaker 1: International correspondence with ends and eye insurance, peace of mind

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Speaker 1: for New Zealand business.

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Speaker 2: She may be smart, but she's still yummy and she right.

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Speaker 2: Let's go now to Murray Olds out of Australia. Murray,

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Speaker 2: good afternoon.

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Speaker 4: You're clearly not a vegan. Yeah, very good afternoon.

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Speaker 2: Now tell us the gun laws have gone through, is

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Speaker 2: that right? And the hate speech laws have gone through,

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Speaker 2: but there've been changes.

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Speaker 4: Oh absolutely, And look it's fascinating really to watch this.

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Speaker 4: And then we had Bondai Beach.

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Speaker 12: Now a month on we've got recalled Parliament and Labour's

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Speaker 12: basically getting through its two pieces of legislation, but with

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Speaker 12: help from different sides of politics.

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Speaker 13: It's interesting.

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Speaker 12: On the hate speech stuff, the Government refused to go

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Speaker 12: far enough of the Greens, and the Greens were necessary

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Speaker 12: in the Upper House to get it through because Labor

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Speaker 12: doesn't have the numbers upstairs does in the lower House

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Speaker 12: ninety four seats in the one hundred and fifty seed Parliament,

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Speaker 12: so Labor can basically do what it likes in the

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Speaker 12: lower House, you still need the House of reviewed Us

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Speaker 12: to sign off. So what's in the hate speech a laws.

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Speaker 12: Not everyone's happy as you played that clip there. The

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Speaker 12: hate speech laws will pass the lower House with the

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Speaker 12: order the Liberal Party right the country Rump the Nationals

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Speaker 12: who are also in what's left of the coalition. They

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Speaker 12: go to abstain these muppets say, we haven't had enough

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Speaker 12: time to look at it. The hats are too tight.

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Speaker 12: The governor of the Liberal Party reached a deal to

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Speaker 12: change some elements of the labor package. Labor will ban

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Speaker 12: specific hate groups. The Liberals insisted on all groups promoting

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Speaker 12: violence be captured under the legislation. That seems fair enough.

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Speaker 12: It sets out how hate groups can be identified and

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Speaker 12: designated and sanctioned, and requires that the Opposition leader of

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Speaker 12: the day be briefed if another a neo Nazi group

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Speaker 12: pops up. Because these halfwords have already disbanded on the

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Speaker 12: threat of this government legislation going through. There's to be

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Speaker 12: stronger visa laws and deportation laws, and the opposition gets

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Speaker 12: that as well. Laws will also be subject to a

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Speaker 12: review every two years. So yes, there's no specific anti

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Speaker 12: semitism clauses in this bill, but I think that's going.

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Speaker 4: To be revisited at a later date. As far as

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Speaker 4: guns are concerned.

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Speaker 12: The Nationals say, no, they're penalizing farmers because idiots in

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Speaker 12: the city go and shoot people. But the government says, well,

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Speaker 12: how many guns do farmers need. They've already got permission

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Speaker 12: to have ten guns to target feral animals goats and

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Speaker 12: kangaroos and.

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Speaker 4: Pigs and whatnot. Do you really need more than ten?

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Speaker 12: And you know, sporting shooters are saying, well, we need

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Speaker 12: different guns for different things. Well, okay, let's make exemptions

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Speaker 12: for these people if we get to that point. The

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Speaker 12: government's got what it wanted up to a certain point,

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Speaker 12: so let's see how they go. Now, the parliament will

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Speaker 12: go away once this stuff goes through, they'll come back

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Speaker 12: and you know there's going to be continued political sniping

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Speaker 12: over this.

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Speaker 2: You just know, well, so what's the big change. It's

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Speaker 2: now up to ten. You can't have more than ten guns?

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Speaker 4: Is that it ye had ten guns? You can't have

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Speaker 4: any more than ten guns.

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Speaker 12: The Nationals are saying, well, what about country people, we

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Speaker 12: need more than what the hell for?

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Speaker 4: Why do you need more than ten weapons?

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Speaker 2: Now?

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Speaker 12: You know you need a big shoddy for a fat

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Speaker 12: pig coming down the gully out you for sure, bam,

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Speaker 12: And that big pig's on the ground.

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Speaker 2: Murray, don't get in the water. Don't get in the water.

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Speaker 2: I mean it's bad enough on land, but don't get

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Speaker 2: in the water either. Around Sydney, I.

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Speaker 12: Said to you yesterday I had a very good friend.

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Speaker 12: I was spoken to him in the newsroom yesterday morning.

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Speaker 12: He said, Mark, my words, is going to be more.

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Speaker 12: There are a lot of bull sharks out there. The water

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Speaker 12: is very very murky where the ocean meets rivers that

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Speaker 12: are running off full of overflow because of weekend rain.

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Speaker 12: It's stirring up lots of bait, fish, deadhels are washing out.

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Speaker 12: To see, it's like a buddy shark buffet. And he

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Speaker 12: said just watch, and sure enough, not long after it

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Speaker 12: hung up from you, yesterday there was a shark attack

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Speaker 12: only three hundred meters down the beach from where I'm living,

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Speaker 12: and a young man had his leg very very badly,

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Speaker 12: very badly bitten. Apparently, the call went out for an

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Speaker 12: urgent supply of blood, and the param after they treated

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Speaker 12: this fellow on the beach, they high tailed it across

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Speaker 12: town heading to the hospital, and police were coming the

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Speaker 12: other way with thirteen bags of blood and they belt

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Speaker 12: at the blood into this kid as fast as they

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Speaker 12: could go. Saved his life and now he's recovering in hospital,

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Speaker 12: still critical but recovering. So extraordinary. But not only that,

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Speaker 12: that's four. That's four attacks Sunday up and down the

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Speaker 12: New South Wales coast. There was another one this morning.

438
00:22:28,440 --> 00:22:30,280
Speaker 12: A guy got off with the skin of his teeth.

439
00:22:30,800 --> 00:22:35,280
Speaker 12: He's in hospital too, but only with scrapes and cuts

440
00:22:35,320 --> 00:22:35,960
Speaker 12: and bruises.

441
00:22:36,480 --> 00:22:37,560
Speaker 4: He didn't lose anything.

442
00:22:37,840 --> 00:22:40,240
Speaker 12: But what about in queen I mean, I'm amazing anyone

443
00:22:40,240 --> 00:22:41,480
Speaker 12: who ever wants to come in, but he have a

444
00:22:41,520 --> 00:22:45,240
Speaker 12: holiday here because there's been a crocodile attack in far

445
00:22:45,359 --> 00:22:46,320
Speaker 12: North Queensland.

446
00:22:47,119 --> 00:22:48,080
Speaker 4: Again lucky.

447
00:22:48,880 --> 00:22:53,359
Speaker 12: A man was attacked near Ingham about nine o'clock this morning.

448
00:22:54,080 --> 00:22:56,480
Speaker 12: He had bites to his back, his legs and a hand,

449
00:22:56,520 --> 00:22:59,359
Speaker 12: but will puncture wounds. But I'll tell you what, if

450
00:22:59,359 --> 00:23:01,680
Speaker 12: you've been up close to a crocodile, hew, you get away.

451
00:23:01,480 --> 00:23:04,159
Speaker 4: From one of those things is amazing. But faster. They

452
00:23:04,200 --> 00:23:06,480
Speaker 4: are faster than the Olympic sprinters.

453
00:23:07,080 --> 00:23:08,399
Speaker 2: So what do you do in some of them? Just

454
00:23:08,440 --> 00:23:13,200
Speaker 2: stay home with the econn on, don't go out, don't

455
00:23:13,240 --> 00:23:14,200
Speaker 2: go out, don't go out.

456
00:23:14,280 --> 00:23:14,800
Speaker 4: That's right.

457
00:23:14,960 --> 00:23:17,119
Speaker 2: Good to have you on as allays. That's Murriold's out

458
00:23:17,119 --> 00:23:22,680
Speaker 2: of Australia, just gone eighteen minutes away from five now Bridge. Ryan,

459
00:23:22,720 --> 00:23:25,439
Speaker 2: this is about the well hext. I'll just quickly read you.

460
00:23:25,480 --> 00:23:28,320
Speaker 2: This is a shark expert David Baxter on the shark

461
00:23:28,320 --> 00:23:31,440
Speaker 2: attacks over in Australia. He says, the fact is, he's

462
00:23:31,480 --> 00:23:34,679
Speaker 2: saying this is not a joke. I'm not being alarmist.

463
00:23:35,119 --> 00:23:38,919
Speaker 2: This is dead set serious. Do not go in the

464
00:23:38,960 --> 00:23:41,879
Speaker 2: water for seven days anywhere near Sydney, he said. The

465
00:23:41,920 --> 00:23:44,960
Speaker 2: fact is the conditions were just right for a species

466
00:23:45,040 --> 00:23:48,439
Speaker 2: like a bull shark. We've got dirty water, a lot

467
00:23:48,480 --> 00:23:50,240
Speaker 2: of the runoffs from the creeks and the drains. It

468
00:23:50,400 --> 00:23:53,760
Speaker 2: stimulates the curiosity of the sharks. The shark is just

469
00:23:53,880 --> 00:23:57,840
Speaker 2: one big, living, sensory creature that can sense and taste

470
00:23:57,920 --> 00:24:01,000
Speaker 2: the water. And then they obvious you don't have hands,

471
00:24:01,359 --> 00:24:03,320
Speaker 2: so how do they feel about Well, they do it

472
00:24:03,359 --> 00:24:05,399
Speaker 2: with their mouth and as soon as they realize that

473
00:24:05,440 --> 00:24:07,879
Speaker 2: you're a human they hopefully stop attacking you. But in

474
00:24:07,920 --> 00:24:10,480
Speaker 2: the meantime they've severed one of your arteries. So that's

475
00:24:10,520 --> 00:24:13,560
Speaker 2: the problem for us. Seventeen minutes away from five, we'll

476
00:24:13,560 --> 00:24:16,000
Speaker 2: get to some of your feedback and news out of Parliament.

477
00:24:16,040 --> 00:24:19,680
Speaker 1: Next politics was centric credit, check your customers and get

478
00:24:19,680 --> 00:24:20,480
Speaker 1: payment certainty.

479
00:24:20,640 --> 00:24:22,760
Speaker 2: Boarding to five, we'll get to Azari Hell out of

480
00:24:22,760 --> 00:24:25,480
Speaker 2: Parliament just a second. The NATS are doing their conference

481
00:24:25,480 --> 00:24:28,720
Speaker 2: in christ Church and we'll hopefully get a well, we

482
00:24:28,760 --> 00:24:33,359
Speaker 2: should get an election date announced tomorrow. Now the big

483
00:24:33,400 --> 00:24:36,480
Speaker 2: story today, well in the world of show business is

484
00:24:36,680 --> 00:24:41,000
Speaker 2: Brooklyn Beckham and his wife and they're sort of feud

485
00:24:41,400 --> 00:24:45,080
Speaker 2: with Posh and Becks. And look, we'll get into this

486
00:24:45,119 --> 00:24:46,800
Speaker 2: after five point thirty tonight because we're going to speak

487
00:24:46,800 --> 00:24:48,800
Speaker 2: to a correspondent who's all across it, knows all the

488
00:24:48,840 --> 00:24:51,080
Speaker 2: ins and outs. It is Posh, the mother in law

489
00:24:51,080 --> 00:24:55,640
Speaker 2: from hell. Apparently she was inviting women who Brooklyn had

490
00:24:55,800 --> 00:25:00,800
Speaker 2: previously dated into the sort of families to making it

491
00:25:00,880 --> 00:25:03,000
Speaker 2: awkward for the new wife, all that sort of stuff,

492
00:25:03,280 --> 00:25:05,240
Speaker 2: the worst things you can imagine a mother in law

493
00:25:05,320 --> 00:25:08,280
Speaker 2: could do. She's being accused of doing by Brooklyn. Anyway,

494
00:25:08,320 --> 00:25:10,720
Speaker 2: the most interesting part of the story I didn't realize

495
00:25:10,960 --> 00:25:14,600
Speaker 2: they kept calling Brooklyn Brooklyn Peltz Beckham, and I was thinking,

496
00:25:14,680 --> 00:25:17,280
Speaker 2: is this what is this they have? So he has

497
00:25:17,359 --> 00:25:19,800
Speaker 2: taken her name and she has taken his name. They've

498
00:25:19,840 --> 00:25:23,600
Speaker 2: combined the name, so they are mister and missus Peltz Beckham.

499
00:25:24,720 --> 00:25:27,080
Speaker 2: And that's all fine, Like whatever, it's up to you.

500
00:25:27,160 --> 00:25:28,879
Speaker 2: It's your life. You go and live it. You do

501
00:25:28,920 --> 00:25:31,080
Speaker 2: what you want to do. But what happens when you

502
00:25:31,119 --> 00:25:33,080
Speaker 2: have kids? What do they do? You know people with

503
00:25:33,200 --> 00:25:35,159
Speaker 2: double barreled last names, what do your kids do? Do

504
00:25:35,240 --> 00:25:37,520
Speaker 2: they have like four barrel last names? Do you know

505
00:25:37,520 --> 00:25:40,080
Speaker 2: what I mean? Doesn't it become very hard for them?

506
00:25:40,280 --> 00:25:42,000
Speaker 2: And how do you pass that on? That would be

507
00:25:42,080 --> 00:25:45,400
Speaker 2: my only point on the story. Anyway, we'll find out

508
00:25:45,400 --> 00:25:47,800
Speaker 2: where the posh really is the worst mother in law

509
00:25:47,920 --> 00:25:51,119
Speaker 2: in the world. After five point thirty Ryan Bridge Shadow

510
00:25:51,160 --> 00:25:55,280
Speaker 2: is Aarria Hall in Wellington is Aaria? Good afternoon, Good afternoon,

511
00:25:55,280 --> 00:25:57,800
Speaker 2: It's good to be with you. So the National Party

512
00:25:57,840 --> 00:26:00,000
Speaker 2: caucus is that kicking off today or is it tomorrow?

513
00:26:01,119 --> 00:26:01,359
Speaker 14: Yeah?

514
00:26:01,480 --> 00:26:05,640
Speaker 15: National Party Caucus kicking off tomorrow in christ Church. State

515
00:26:05,680 --> 00:26:08,920
Speaker 15: of the Nation was yesterday. Quite a bit going.

516
00:26:08,720 --> 00:26:12,159
Speaker 2: On though, absolutely. Do you think we will get I

517
00:26:12,160 --> 00:26:14,399
Speaker 2: mean he's pretty much said we will. The election date.

518
00:26:14,280 --> 00:26:18,000
Speaker 15: Tomorrow, Yeah, The chatter going around right now, speculation on

519
00:26:18,160 --> 00:26:21,000
Speaker 15: when the twenty twenty six election will be We are

520
00:26:21,200 --> 00:26:25,160
Speaker 15: expecting that to probably be announced tomorrow. As I've said,

521
00:26:25,680 --> 00:26:28,480
Speaker 15: State of the Nation took place yesterday. The PM they're

522
00:26:28,520 --> 00:26:30,679
Speaker 15: highlighting a bit of a vision for the year ahead,

523
00:26:30,760 --> 00:26:34,159
Speaker 15: most of the focus on the economic recovery. Labor though

524
00:26:34,200 --> 00:26:36,399
Speaker 15: has been suggesting that National is playing a bit of

525
00:26:36,400 --> 00:26:39,600
Speaker 15: a blame game here, saying Chris Luxon should focus on

526
00:26:39,640 --> 00:26:42,400
Speaker 15: his own policy and the party he leads rather than

527
00:26:42,440 --> 00:26:45,840
Speaker 15: sort of pointing the finger. No new policies yet, No

528
00:26:45,960 --> 00:26:48,679
Speaker 15: election date was announced yet. The PM, though, did go

529
00:26:48,760 --> 00:26:52,200
Speaker 15: into some of the priorities for the election ahead, similar

530
00:26:52,200 --> 00:26:55,960
Speaker 15: things that he said before, notably increasing the superage. Also

531
00:26:56,000 --> 00:27:00,480
Speaker 15: a huge focus on keeping spending responsible. The big question though,

532
00:27:00,680 --> 00:27:03,360
Speaker 15: that we are expecting an answer to at the caucus

533
00:27:03,359 --> 00:27:07,359
Speaker 15: retreat when is the twenty twenty sixth general election. The

534
00:27:07,400 --> 00:27:10,440
Speaker 15: Prime Minister Chris Luxin will make that call. We're likely

535
00:27:10,440 --> 00:27:13,960
Speaker 15: getting an announcement either tomorrow or within the next few days,

536
00:27:14,000 --> 00:27:17,840
Speaker 15: so that will be absolutely massive. Election days usually are

537
00:27:17,960 --> 00:27:21,040
Speaker 15: set at these caucus retreats the start of the political year,

538
00:27:21,400 --> 00:27:23,880
Speaker 15: really putting a date on when the campaign is all

539
00:27:23,920 --> 00:27:27,080
Speaker 15: starting and also when it's all wrapping up because Parliament

540
00:27:27,160 --> 00:27:29,879
Speaker 15: is coming back soon. One thing, though, is for certain,

541
00:27:30,000 --> 00:27:32,240
Speaker 15: it will be on as Saturday that is written in

542
00:27:32,320 --> 00:27:35,159
Speaker 15: law has to be. There's also some other things to

543
00:27:35,200 --> 00:27:38,400
Speaker 15: get around here. It probably shouldn't be during a Rugby

544
00:27:38,440 --> 00:27:41,119
Speaker 15: World Cup match, which is quite hilarious to be honest.

545
00:27:41,440 --> 00:27:44,119
Speaker 15: Also probably shouldn't be around school holidays. But other than that,

546
00:27:44,680 --> 00:27:48,520
Speaker 15: it really is anyone's guess what Saturday, though it remains

547
00:27:48,520 --> 00:27:51,320
Speaker 15: to be seen that question will be answered tomorrow. A

548
00:27:51,320 --> 00:27:54,680
Speaker 15: lot of people's money is on November seventh. Some political

549
00:27:54,680 --> 00:27:58,080
Speaker 15: commentators crunching the numbers, there the last possible day it

550
00:27:58,160 --> 00:28:02,120
Speaker 15: can happen December nineth teenth, although you'd have to expect

551
00:28:02,119 --> 00:28:05,199
Speaker 15: sort of long ish coalition negotiations that may play a

552
00:28:05,280 --> 00:28:08,800
Speaker 15: factor in a potentially earlier date. People would not really

553
00:28:08,840 --> 00:28:12,120
Speaker 15: want parties to be chatting around Christmas time going through

554
00:28:12,160 --> 00:28:15,480
Speaker 15: those lengthy negotiations. I would be shocked if it was

555
00:28:15,560 --> 00:28:16,160
Speaker 15: in December.

556
00:28:16,280 --> 00:28:18,880
Speaker 2: Yeah, no, we certainly won't be. Now let's talk about

557
00:28:18,920 --> 00:28:21,159
Speaker 2: the Indian FTA. So we know LUCKX has made a

558
00:28:21,160 --> 00:28:23,040
Speaker 2: big deal of this, and it is a big deal.

559
00:28:23,200 --> 00:28:25,760
Speaker 2: I mean it is in twenty thirty years, it is

560
00:28:25,800 --> 00:28:27,040
Speaker 2: going to be a big deal if you look at

561
00:28:27,080 --> 00:28:29,560
Speaker 2: what China did for us. But are the other parties

562
00:28:29,600 --> 00:28:32,240
Speaker 2: on board New Zealand. You know Winston doesn't like it.

563
00:28:32,280 --> 00:28:34,600
Speaker 2: We know that, But what about labor? They're crucial.

564
00:28:35,720 --> 00:28:38,800
Speaker 15: Yeah, so the PM Chris Luxon, he has spoken fondly

565
00:28:38,920 --> 00:28:41,760
Speaker 15: of the FTA with India, as you say, something New

566
00:28:41,800 --> 00:28:45,280
Speaker 15: Zealand first has opposed, but something Labor is still yet

567
00:28:45,280 --> 00:28:47,920
Speaker 15: to have a position on. The PM says that it

568
00:28:47,960 --> 00:28:51,160
Speaker 15: will make businesses more competitive, it will create jobs here

569
00:28:51,200 --> 00:28:53,920
Speaker 15: at home and lift wages. It does show some difference

570
00:28:53,920 --> 00:28:56,960
Speaker 15: within the coalition. Winston Peter's calling it out doesn't seem

571
00:28:57,000 --> 00:29:00,640
Speaker 15: that Keen, meanwhile, acts seems supportive if they're saying it's

572
00:29:00,720 --> 00:29:03,880
Speaker 15: quite small in the grand scheme of immigration in New Zealand,

573
00:29:03,920 --> 00:29:07,400
Speaker 15: about sixteen hundred people a year on those temporary skilled

574
00:29:07,560 --> 00:29:10,640
Speaker 15: visas compared to about one hundred and forty thousand people

575
00:29:11,080 --> 00:29:13,920
Speaker 15: overall in the year in terms of immigration. We are

576
00:29:13,920 --> 00:29:16,880
Speaker 15: seeing that disagreement play out. I do have a statement

577
00:29:16,960 --> 00:29:19,760
Speaker 15: from the Labor Leader's office saying that Chris Hopkins has

578
00:29:19,800 --> 00:29:24,280
Speaker 15: outlined Labor will discuss the India FTA as a caucus. However,

579
00:29:24,640 --> 00:29:27,440
Speaker 15: the caucus hasn't met yet, so no word on whether

580
00:29:27,520 --> 00:29:30,240
Speaker 15: labor supports it or it doesn't. It will be a

581
00:29:30,280 --> 00:29:33,520
Speaker 15: big topic of discussion though. You'd imagine once Parliament comes back,

582
00:29:33,880 --> 00:29:35,920
Speaker 15: surely that would have to be one of the first

583
00:29:36,120 --> 00:29:37,600
Speaker 15: things on the agenda for labor.

584
00:29:37,720 --> 00:29:40,760
Speaker 2: Yeah. Absolutely, Avsari appreciate that. Thank is Zara House, senior

585
00:29:40,840 --> 00:29:44,160
Speaker 2: political correspondent with US from Wellington nine minutes away from five.

586
00:29:44,880 --> 00:29:46,720
Speaker 2: You would have to say, labor, our labor will have

587
00:29:46,800 --> 00:29:48,600
Speaker 2: will have no choice but to say yes to the

588
00:29:48,600 --> 00:29:51,400
Speaker 2: India FDA and help national pass it. I mean, look

589
00:29:51,400 --> 00:29:53,800
Speaker 2: at how the legacy of Helen Clark and fill GoF

590
00:29:53,920 --> 00:29:57,640
Speaker 2: with China. You can't you can't look at gift force

591
00:29:57,640 --> 00:29:59,600
Speaker 2: in the mouth nine to five news talks. You'd be

592
00:30:00,400 --> 00:30:02,400
Speaker 2: when we come back to tell you about Greenland. There's

593
00:30:02,440 --> 00:30:04,480
Speaker 2: a couple of commentators out of the US. Well, one's

594
00:30:04,480 --> 00:30:06,720
Speaker 2: not even a commentator. He's actually been in the business.

595
00:30:07,440 --> 00:30:10,160
Speaker 2: He is the vice president of IBM. He's had something

596
00:30:10,200 --> 00:30:12,040
Speaker 2: to say about Greenland, which I think is probably the

597
00:30:12,080 --> 00:30:13,840
Speaker 2: most sensible thing that's been said about in the last

598
00:30:13,840 --> 00:30:15,680
Speaker 2: twenty four hours. I'll tell you what it is next.

599
00:30:16,160 --> 00:30:20,800
Speaker 1: The headlines and the hard questions. It's the mic Hosking Breakfast.

600
00:30:20,560 --> 00:30:24,200
Speaker 16: Man profits an interest rates, so Amzda hiked the floating rates.

601
00:30:24,240 --> 00:30:27,080
Speaker 16: So today becunning in the squirrel mortgage's boss who suggests

602
00:30:27,120 --> 00:30:29,200
Speaker 16: that will add twelve millions to the bank's bottom lines,

603
00:30:29,240 --> 00:30:29,720
Speaker 16: and he's with us.

604
00:30:29,760 --> 00:30:31,280
Speaker 3: Trick hereers do others follow?

605
00:30:31,400 --> 00:30:33,960
Speaker 17: No, because all pan zeb was doing was adjusting to

606
00:30:34,000 --> 00:30:35,120
Speaker 17: where other banks were.

607
00:30:35,280 --> 00:30:36,080
Speaker 2: That's not Agoppoli.

608
00:30:36,160 --> 00:30:38,520
Speaker 16: That's a scandal. That's into the Minister of Finance to

609
00:30:38,560 --> 00:30:39,959
Speaker 16: fix the competition problem.

610
00:30:40,040 --> 00:30:42,200
Speaker 17: Well, no, it's not a scandal. It's just the way

611
00:30:42,400 --> 00:30:44,800
Speaker 17: the banking sister and our goopolis where you had a

612
00:30:45,000 --> 00:30:47,640
Speaker 17: zens on your show last year and nationally said you

613
00:30:47,640 --> 00:30:49,280
Speaker 17: put your price down. If I matches, then it's a

614
00:30:49,360 --> 00:30:51,080
Speaker 17: race to the bottom and no one wins. So why

615
00:30:51,160 --> 00:30:54,280
Speaker 17: Boba was almost implication who wins the banks? Who loses

616
00:30:54,320 --> 00:30:54,880
Speaker 17: the customer?

617
00:30:55,160 --> 00:30:58,000
Speaker 16: Back tomorrow at six am the mic Hosking Breakfast with

618
00:30:58,160 --> 00:31:01,120
Speaker 16: a Vida News Talk zeb five.

619
00:31:00,920 --> 00:31:03,640
Speaker 2: Minutes away from five, Trump and Greenland. We're going to

620
00:31:03,680 --> 00:31:05,680
Speaker 2: head to the US after five o'clock. Look, there's a

621
00:31:05,720 --> 00:31:08,280
Speaker 2: reason the markets aren't flipping out about this. They've learned

622
00:31:08,280 --> 00:31:11,920
Speaker 2: the lesson from a Liberation Day from last year and

623
00:31:12,000 --> 00:31:14,640
Speaker 2: they realize that he's just he's a lot of hottier

624
00:31:14,640 --> 00:31:17,320
Speaker 2: in talk. A lot of threats been thrown around at

625
00:31:17,320 --> 00:31:19,760
Speaker 2: the moment. He's not going to invade a NATO ally,

626
00:31:20,440 --> 00:31:23,960
Speaker 2: is he. It's a negotiating tactic. He wants a mineral

627
00:31:24,000 --> 00:31:27,400
Speaker 2: deal over Greenland. This is according to IBM's vice GM

628
00:31:27,400 --> 00:31:30,520
Speaker 2: and Gary Cohne. Now, he was Trump's advisor on the economy.

629
00:31:30,520 --> 00:31:33,120
Speaker 2: He was director of the White House National Economic Council

630
00:31:33,160 --> 00:31:34,800
Speaker 2: back He's a smart guy. He knows what he's talking

631
00:31:34,800 --> 00:31:38,120
Speaker 2: about back in Trump's first term. So he's done an

632
00:31:38,120 --> 00:31:42,240
Speaker 2: interview he said, I reckon, this is just a negotiation tactic.

633
00:31:42,360 --> 00:31:45,560
Speaker 2: We've seen it from him before. All he wants is

634
00:31:45,560 --> 00:31:49,120
Speaker 2: an increased military presence on the island. But he also

635
00:31:49,240 --> 00:31:54,080
Speaker 2: wants to negotiate an off take agreement for the largely

636
00:31:54,200 --> 00:31:57,440
Speaker 2: untapped supplies of rare earth minerals that they have in Greenland.

637
00:31:58,440 --> 00:32:00,320
Speaker 2: So there you go. I don't think that this is

638
00:32:00,320 --> 00:32:03,000
Speaker 2: going to be like everyone's saying World War three, you know,

639
00:32:03,120 --> 00:32:05,240
Speaker 2: the end of NATO. I don't know. I think that's

640
00:32:05,240 --> 00:32:07,960
Speaker 2: a bit overcooked. And if you're looking for more evidence,

641
00:32:08,760 --> 00:32:11,240
Speaker 2: I have it for you. There is and again another

642
00:32:11,280 --> 00:32:14,720
Speaker 2: smart guy who we've used before. Matthew Kronigg is his name.

643
00:32:14,760 --> 00:32:17,120
Speaker 2: He is with the Atlantic Council. This is a think tank.

644
00:32:17,680 --> 00:32:19,760
Speaker 2: He says. I think in a few weeks this will

645
00:32:19,800 --> 00:32:25,240
Speaker 2: all be resolved. We have had it within NATO disagreements before,

646
00:32:25,520 --> 00:32:28,200
Speaker 2: over you know, in the nineteen fifties over the Suez Canal,

647
00:32:28,760 --> 00:32:32,280
Speaker 2: and those have been resolved. He says. Both sides will

648
00:32:32,320 --> 00:32:34,600
Speaker 2: realize they have more to lose than they have to

649
00:32:34,640 --> 00:32:37,720
Speaker 2: gain from confrontation, and that should happen in pretty good order.

650
00:32:38,080 --> 00:32:40,840
Speaker 2: So we'll go to the US on Greenland after five

651
00:32:40,920 --> 00:32:45,080
Speaker 2: here on News Talk ZB plus. In keeping with our

652
00:32:45,280 --> 00:32:49,160
Speaker 2: theme of good news on the economy, we have fantastic

653
00:32:49,200 --> 00:32:50,760
Speaker 2: news and I'm going to share that with you after

654
00:32:50,760 --> 00:32:54,240
Speaker 2: five as well. You know last week you had your

655
00:32:54,600 --> 00:32:59,360
Speaker 2: manufacturing numbers. Today we had services. That's three quarters of

656
00:32:59,400 --> 00:33:02,400
Speaker 2: the economy. Good news coming, good news coming after five

657
00:33:02,440 --> 00:33:03,920
Speaker 2: o'clock here on News.

658
00:33:03,680 --> 00:33:04,440
Speaker 3: Talks IB.

659
00:33:06,600 --> 00:33:07,200
Speaker 14: So, I'll give it.

660
00:33:07,520 --> 00:33:09,880
Speaker 3: What you do say, girl, I know you a little

661
00:33:09,880 --> 00:33:10,440
Speaker 3: too sane.

662
00:33:10,600 --> 00:33:14,040
Speaker 8: Are you ston a satellite to tell him?

663
00:33:14,080 --> 00:33:15,520
Speaker 2: Tell him, tell him, you.

664
00:33:17,680 --> 00:33:22,960
Speaker 18: Tell him, tell him.

665
00:33:23,240 --> 00:33:26,400
Speaker 1: The only drive show you can try to ask the questions,

666
00:33:26,760 --> 00:33:27,480
Speaker 1: get the answers.

667
00:33:27,680 --> 00:33:30,400
Speaker 3: Find the facts and give the analysis.

668
00:33:30,640 --> 00:33:34,040
Speaker 1: Ryan Bridge on Hither Duplicy Ellen Drive with One New

669
00:33:34,120 --> 00:33:37,680
Speaker 1: Zealand and the power of satellite mobile news Talks ZIBB.

670
00:33:38,320 --> 00:33:41,560
Speaker 2: Seven after five News took ZIBB Trump's frits over Greenland.

671
00:33:41,560 --> 00:33:44,640
Speaker 2: He's not ruling out military action to take the Arctic island.

672
00:33:44,720 --> 00:33:47,120
Speaker 2: But is this serious or is this bluster? Is a

673
00:33:47,160 --> 00:33:51,280
Speaker 2: negotiation tactic? He says tariffs are coming to his European allies.

674
00:33:51,360 --> 00:33:53,800
Speaker 2: Some are worried NATO might be at risk of collapse.

675
00:33:53,960 --> 00:33:56,640
Speaker 2: And then there's a story about UTU for missing out

676
00:33:56,680 --> 00:33:59,720
Speaker 2: on the Nobel Peace Prize. US correspondent Jonathan Kurzley is

677
00:33:59,760 --> 00:34:01,760
Speaker 2: with US now. Jonathan can welcome to the show.

678
00:34:03,120 --> 00:34:05,600
Speaker 14: Ryan, A good afternoon, and good afternoon all the listeners.

679
00:34:05,640 --> 00:34:08,120
Speaker 2: So this whole let's start with the Nobel Peace Prize thing.

680
00:34:08,360 --> 00:34:10,319
Speaker 2: Is this a serious story or what?

681
00:34:11,960 --> 00:34:12,200
Speaker 12: Yeah?

682
00:34:12,480 --> 00:34:16,000
Speaker 14: This is quite extraordinary. I mean, well, we saw the exchange,

683
00:34:16,040 --> 00:34:18,719
Speaker 14: if you like, between story the leader of Norway and

684
00:34:18,920 --> 00:34:22,080
Speaker 14: President Trump today in which he essentially said, and that

685
00:34:22,200 --> 00:34:25,839
Speaker 14: is the US president that, considering your country, decided not

686
00:34:25,920 --> 00:34:28,760
Speaker 14: to give me the Nobel Peace Prize for having stopped

687
00:34:28,760 --> 00:34:31,200
Speaker 14: eight wars plus I no longer feel an obligation to

688
00:34:31,239 --> 00:34:34,600
Speaker 14: think purely of peace. Now, it's quite an extraordinary remark

689
00:34:34,680 --> 00:34:37,160
Speaker 14: to point in the direction of Norway that essentially he

690
00:34:37,280 --> 00:34:39,880
Speaker 14: is saying to them, you didn't give me the peace Prize,

691
00:34:39,880 --> 00:34:42,759
Speaker 14: so now I'm just going to take Greenland, or at

692
00:34:42,840 --> 00:34:48,440
Speaker 14: least try to. He's been increasing his serious tone about

693
00:34:48,880 --> 00:34:51,160
Speaker 14: wanting Greenland over the course of the last couple of weeks,

694
00:34:51,160 --> 00:34:53,360
Speaker 14: and then they started way back just after he was inaugurated.

695
00:34:53,400 --> 00:34:56,800
Speaker 14: He essentially said yeah, I want Greenland, and everybody went, oh, okay,

696
00:34:56,880 --> 00:35:01,359
Speaker 14: but you know how why and really and now it's

697
00:35:01,400 --> 00:35:04,040
Speaker 14: deadly serious, deadly serious, to the point that you had

698
00:35:04,040 --> 00:35:06,319
Speaker 14: the British Prime Minister se Keir Staler up today in

699
00:35:06,320 --> 00:35:09,239
Speaker 14: an almost love actually moment trying to say to the

700
00:35:09,320 --> 00:35:13,320
Speaker 14: US President back off. This is a move for Greenlanders only,

701
00:35:13,560 --> 00:35:16,480
Speaker 14: and for the Danes because it is a Danish territory.

702
00:35:16,640 --> 00:35:19,480
Speaker 14: But this exchange was just extraordinary.

703
00:35:20,400 --> 00:35:23,399
Speaker 2: Yeah, so let's talk about the what does he want?

704
00:35:23,440 --> 00:35:26,600
Speaker 2: Why is he doing it? He can send more troops

705
00:35:26,600 --> 00:35:28,799
Speaker 2: in there right now if he wanted to, but he's not.

706
00:35:29,680 --> 00:35:31,040
Speaker 2: Is it the minerals he's after?

707
00:35:32,200 --> 00:35:35,360
Speaker 14: It's entirely natural resources? I mean, he talks about it

708
00:35:35,400 --> 00:35:39,200
Speaker 14: and wanting to strategically because he says that there are

709
00:35:39,280 --> 00:35:42,879
Speaker 14: Chinese ships and Russian ships floating around. Well, I mean

710
00:35:43,680 --> 00:35:46,320
Speaker 14: in a way, yes, Russian ships go into the Arctic

711
00:35:46,560 --> 00:35:49,160
Speaker 14: is a long long way from China. It's the other

712
00:35:49,400 --> 00:35:53,240
Speaker 14: side of the Arctic from China. But this is entirely

713
00:35:53,280 --> 00:35:57,200
Speaker 14: about resources. It's entirely when his cabinet ministers say it

714
00:35:57,239 --> 00:35:59,640
Speaker 14: is strategic, it is strategic. But it's strategic from the

715
00:36:00,120 --> 00:36:03,360
Speaker 14: essence of critical minerals and natural resources that he wants

716
00:36:03,400 --> 00:36:06,160
Speaker 14: to be able to get access to. Some of these

717
00:36:06,200 --> 00:36:10,399
Speaker 14: resources are critical for the construction of missiles and the

718
00:36:10,480 --> 00:36:14,160
Speaker 14: bolstering of defense resources. So it's critical on that front.

719
00:36:14,600 --> 00:36:17,800
Speaker 14: But think of it too that everything that Donald Trump sees,

720
00:36:17,880 --> 00:36:21,359
Speaker 14: he sees through the lens of business, he sees through

721
00:36:21,360 --> 00:36:23,480
Speaker 14: the lens of growth, and he sees through the lens

722
00:36:23,480 --> 00:36:26,680
Speaker 14: of power. And in his idea, having greenland and having

723
00:36:26,760 --> 00:36:30,040
Speaker 14: its resources would bolster the US economy, would bolster the

724
00:36:30,120 --> 00:36:33,680
Speaker 14: US military, and would increase his own strength in the world.

725
00:36:33,760 --> 00:36:36,359
Speaker 14: And that's exactly why he is saying this, and that's

726
00:36:36,400 --> 00:36:39,239
Speaker 14: exactly why he's trying to make this move. He's going

727
00:36:39,280 --> 00:36:42,600
Speaker 14: to go to Davos, the World Economic Forum in Switzerland

728
00:36:42,719 --> 00:36:45,880
Speaker 14: tomorrow and will make a speech the day after, and

729
00:36:46,080 --> 00:36:48,440
Speaker 14: all of his visit he's going to be framed entirely

730
00:36:48,520 --> 00:36:51,960
Speaker 14: around what is he actually doing with Greenland and what

731
00:36:52,000 --> 00:36:54,400
Speaker 14: is he actually going to say to the European leaders

732
00:36:54,440 --> 00:36:57,440
Speaker 14: that he sees there, because they're telling him, and they're

733
00:36:57,480 --> 00:37:00,480
Speaker 14: pretty united on this, that they want him to back down,

734
00:37:00,600 --> 00:37:03,560
Speaker 14: to calm the language, to move back from it. The

735
00:37:03,719 --> 00:37:06,879
Speaker 14: European nations have been increasing their own military presence. That's

736
00:37:06,920 --> 00:37:09,880
Speaker 14: been part of his argument is that Europe should be

737
00:37:09,880 --> 00:37:12,520
Speaker 14: trying to bolster its own backyard and protect its own

738
00:37:12,600 --> 00:37:15,520
Speaker 14: backyard a little bit better. But for a huge part

739
00:37:15,600 --> 00:37:18,440
Speaker 14: of this for him is it is about getting access

740
00:37:18,560 --> 00:37:20,680
Speaker 14: to critical minerals and natural resources.

741
00:37:20,800 --> 00:37:23,960
Speaker 2: Jonathan appreciate that Jonathan Kursley, a US correspondent, course, he

742
00:37:24,080 --> 00:37:28,280
Speaker 2: can get the critical minerals without taking Greenland by force

743
00:37:28,400 --> 00:37:31,239
Speaker 2: or even buying Greenland. All that would require is a

744
00:37:31,280 --> 00:37:34,080
Speaker 2: deal and that is potentially what he is trying to

745
00:37:34,120 --> 00:37:38,160
Speaker 2: negotiate right now through Force ten after five Brian Bridge

746
00:37:38,320 --> 00:37:40,959
Speaker 2: Fletcher has taken a leaf out of Fonterra's book sold

747
00:37:40,960 --> 00:37:44,120
Speaker 2: part of its business to the French Vanci Construction has

748
00:37:44,120 --> 00:37:46,400
Speaker 2: agreed to buy Fletcher's construction Arm for at least three

749
00:37:46,480 --> 00:37:49,320
Speaker 2: hundred and fifteen million bucks, possibly more. Still needs Overseas

750
00:37:49,320 --> 00:37:51,920
Speaker 2: Investment Office approval. ComCom has to get involved as well.

751
00:37:51,960 --> 00:37:54,480
Speaker 2: Mark mister investment director Craig's Investment partners with me. Mark,

752
00:37:54,480 --> 00:37:56,399
Speaker 2: good evening, Good to have you on the show.

753
00:37:56,480 --> 00:37:57,040
Speaker 14: Thank Ryan.

754
00:37:57,480 --> 00:37:59,480
Speaker 2: Now is this well? First of all, what are the

755
00:37:59,480 --> 00:38:00,200
Speaker 2: markets think of this?

756
00:38:01,840 --> 00:38:04,560
Speaker 19: Market liked it. The share price was up a little

757
00:38:04,560 --> 00:38:06,680
Speaker 19: more than two percent today, which is a good result

758
00:38:06,760 --> 00:38:10,000
Speaker 19: because it was a week day. The index was down

759
00:38:10,080 --> 00:38:12,680
Speaker 19: and there's a sea of red on the screen because

760
00:38:12,680 --> 00:38:16,759
Speaker 19: of all the concerns around what we're seeing overseas that

761
00:38:16,840 --> 00:38:19,000
Speaker 19: you just were speaking about with the previous guests. So

762
00:38:19,960 --> 00:38:24,680
Speaker 19: to be up two point four percent, biggest top, biggest

763
00:38:24,719 --> 00:38:27,080
Speaker 19: positive mover in the indeed X fifty. I think the

764
00:38:27,120 --> 00:38:28,640
Speaker 19: market likes what it sees.

765
00:38:28,440 --> 00:38:30,600
Speaker 2: Given the problems, and we know about the problems, they've

766
00:38:30,600 --> 00:38:32,920
Speaker 2: been well documented over the last few years. Does this

767
00:38:33,040 --> 00:38:34,799
Speaker 2: look like the start of a turnaround?

768
00:38:36,680 --> 00:38:38,640
Speaker 19: Well, I think they'll need to get a few runs

769
00:38:38,719 --> 00:38:41,120
Speaker 19: on the board from here to give us a bit

770
00:38:41,120 --> 00:38:44,239
Speaker 19: more evidence of that. But shareholders will be happy it

771
00:38:44,280 --> 00:38:46,440
Speaker 19: won't be a surprise. They have signaled us for a

772
00:38:46,440 --> 00:38:50,279
Speaker 19: little while now. List division has been really challenging for

773
00:38:50,360 --> 00:38:54,480
Speaker 19: a while, you know, delays, cost over runs, low margins,

774
00:38:55,200 --> 00:38:58,520
Speaker 19: and Fletchers does want to simplify its business, reduce its

775
00:38:58,640 --> 00:39:01,759
Speaker 19: debt levelsocus a little bit more on the things that

776
00:39:01,840 --> 00:39:05,719
Speaker 19: it wants to move forward with. So this is a

777
00:39:05,719 --> 00:39:08,240
Speaker 19: big step towards doing that. It will allow the company

778
00:39:08,239 --> 00:39:11,680
Speaker 19: to pay down debt. They haven't had a dividend since

779
00:39:11,719 --> 00:39:14,480
Speaker 19: twenty twenty three, so I think they want to get

780
00:39:14,840 --> 00:39:17,560
Speaker 19: into a position where they can reduce debt levels and

781
00:39:17,680 --> 00:39:22,560
Speaker 19: start paying dividends again. So it doesn't completely get them

782
00:39:22,560 --> 00:39:24,640
Speaker 19: out of the dog box that they've been them for

783
00:39:24,800 --> 00:39:27,760
Speaker 19: many years now, but it's a step in the right direction.

784
00:39:27,880 --> 00:39:31,000
Speaker 2: Appreciate that. Mark Mark mister Craig's investment partner's investment director

785
00:39:31,040 --> 00:39:34,440
Speaker 2: with us. It is twelve after five Bryant Bridge to China.

786
00:39:34,600 --> 00:39:37,320
Speaker 2: They are trying to double the birth rate. So currently

787
00:39:37,680 --> 00:39:40,680
Speaker 2: for it's one child per woman that is the current

788
00:39:41,040 --> 00:39:43,520
Speaker 2: birth rate. They need to double that. Of course, replacing

789
00:39:43,520 --> 00:39:46,120
Speaker 2: your population you need two point one, so they are

790
00:39:46,200 --> 00:39:50,239
Speaker 2: far off, way off it. Thank you. One child policy. Well,

791
00:39:50,239 --> 00:39:51,960
Speaker 2: a whole bunch of factors really have gone into it,

792
00:39:51,960 --> 00:39:54,680
Speaker 2: but that certainly didn't help. Now what they are doing

793
00:39:54,920 --> 00:39:58,000
Speaker 2: to try and fix this is a couple of things.

794
00:39:59,000 --> 00:40:04,439
Speaker 2: One is increase the tax on condoms. This is true,

795
00:40:04,480 --> 00:40:07,279
Speaker 2: this true story out of China. So the condoms will

796
00:40:07,320 --> 00:40:10,160
Speaker 2: be subject to a thirteen percent value added tax as

797
00:40:10,200 --> 00:40:15,040
Speaker 2: of January first, and they will make childcare and matchmaking

798
00:40:15,160 --> 00:40:18,719
Speaker 2: services duty free. So you basically get if you want

799
00:40:18,760 --> 00:40:20,440
Speaker 2: to have kids, that's going to be cheaper to do that,

800
00:40:21,000 --> 00:40:23,560
Speaker 2: and they will try and make it more expensive to

801
00:40:23,680 --> 00:40:27,399
Speaker 2: stop you having them. So yeah, there you go. Good

802
00:40:27,440 --> 00:40:29,840
Speaker 2: luck birth control pills they're also going up in price.

803
00:40:29,920 --> 00:40:32,600
Speaker 2: This is true, This is happening in China. Questions will

804
00:40:32,600 --> 00:40:35,440
Speaker 2: that work? And if you are if the reason that

805
00:40:35,520 --> 00:40:37,239
Speaker 2: you are, you know, do you just go on? It's

806
00:40:37,280 --> 00:40:40,360
Speaker 2: thirteen percent more for a condom? I just like use one.

807
00:40:40,680 --> 00:40:44,919
Speaker 2: Good luck kids. Fourteen after five News Talks VB News

808
00:40:44,920 --> 00:40:47,640
Speaker 2: TALKSB is sixteen minutes after five. We were just talking

809
00:40:47,640 --> 00:40:51,800
Speaker 2: about the falling population rate or birth rate in China.

810
00:40:51,960 --> 00:40:54,720
Speaker 2: It's also having an effect on the A to milk

811
00:40:54,840 --> 00:40:56,960
Speaker 2: share price. We'll talk about that after six with an

812
00:40:57,000 --> 00:41:01,480
Speaker 2: expert from Forsyth Bard architects in two days. This is

813
00:41:01,520 --> 00:41:04,520
Speaker 2: in New South Wales. The latest to surfer thirty nine

814
00:41:04,560 --> 00:41:07,120
Speaker 2: year old guy. He's actually not in too bad shape,

815
00:41:07,120 --> 00:41:09,720
Speaker 2: but two of the earlier victims they remain in critical

816
00:41:09,760 --> 00:41:13,200
Speaker 2: condition in hospital. Clinton Duffy is curator of Marine biology

817
00:41:13,200 --> 00:41:15,279
Speaker 2: at Aukrom Museum with me tonight, good evening.

818
00:41:16,040 --> 00:41:16,640
Speaker 3: Good evening.

819
00:41:17,080 --> 00:41:19,200
Speaker 2: So this is bull sharks. What's going on with the

820
00:41:19,239 --> 00:41:21,000
Speaker 2: bull sharks.

821
00:41:21,680 --> 00:41:25,480
Speaker 20: Bull Sharks are a tropical species that's very common in

822
00:41:25,520 --> 00:41:28,520
Speaker 20: coastal waters, but they also live in freshwater as well,

823
00:41:29,920 --> 00:41:31,839
Speaker 20: and so at this sort of time of the year,

824
00:41:31,880 --> 00:41:37,160
Speaker 20: they're pushing further south and that they can actually be

825
00:41:37,320 --> 00:41:40,440
Speaker 20: reasonably common in the Sydney area, particularly inside the harbor.

826
00:41:41,120 --> 00:41:44,680
Speaker 2: And it's the rain is making them kind of what

827
00:41:44,760 --> 00:41:47,520
Speaker 2: is it doing exactly to their senses that that's making

828
00:41:47,560 --> 00:41:49,120
Speaker 2: them potentially aggressive.

829
00:41:50,800 --> 00:41:55,000
Speaker 20: So bull sharks are adapted to feeding on carrion that

830
00:41:55,040 --> 00:41:59,840
Speaker 20: has washed down from large tropical rivers, so that you know,

831
00:42:00,200 --> 00:42:03,279
Speaker 20: used to eating the carcasses of land animals that get

832
00:42:03,320 --> 00:42:07,759
Speaker 20: swept down down to the sea and floods, and so

833
00:42:07,800 --> 00:42:12,600
Speaker 20: they quin very strongly to freshwater plumes resulting from food floods,

834
00:42:12,960 --> 00:42:15,480
Speaker 20: and so they're in there looking for things, you know,

835
00:42:15,640 --> 00:42:18,360
Speaker 20: large large things, either in trouble or already dead, to

836
00:42:18,400 --> 00:42:18,799
Speaker 20: feed on.

837
00:42:20,080 --> 00:42:23,759
Speaker 2: Not humans, but because there's fresh water, they're like it's

838
00:42:23,800 --> 00:42:25,719
Speaker 2: like when something's in the oven, you can smell it.

839
00:42:27,120 --> 00:42:30,080
Speaker 20: Yeah, I mean so they humans aren't part of their

840
00:42:30,080 --> 00:42:32,120
Speaker 20: normal diet. But they're one of the few species of

841
00:42:32,200 --> 00:42:35,479
Speaker 20: sharks that are built. You know, they have a heavy

842
00:42:35,600 --> 00:42:37,560
Speaker 20: enough build to actually take on something the size of

843
00:42:37,600 --> 00:42:41,400
Speaker 20: a human being. So they're in there looking for a

844
00:42:41,440 --> 00:42:44,480
Speaker 20: free meal and anything struggling in the water. And people

845
00:42:44,560 --> 00:42:50,080
Speaker 20: often look pretty awkward uncordinated in the water compared to

846
00:42:50,120 --> 00:42:55,200
Speaker 20: a shark. So yeah, times like this, you know, they

847
00:42:55,200 --> 00:42:56,480
Speaker 20: can be mistaken for dinner.

848
00:42:56,680 --> 00:42:58,840
Speaker 2: Clinton, would you be going surfing off the coast of

849
00:42:58,880 --> 00:42:59,680
Speaker 2: Sydney right now?

850
00:43:00,520 --> 00:43:06,160
Speaker 20: Well, I don't go surfing full stop, but yeah, conditions

851
00:43:06,200 --> 00:43:09,919
Speaker 20: look fairly sketchy, and certainly there's a lot of bull

852
00:43:09,960 --> 00:43:12,600
Speaker 20: shark activity. It sounds like it's right up and down

853
00:43:12,680 --> 00:43:15,359
Speaker 20: the sort of the northern New South Wales coast. I

854
00:43:15,400 --> 00:43:17,879
Speaker 20: have been in the water with three very large bull

855
00:43:17,920 --> 00:43:24,080
Speaker 20: sharks off Queensland, but fairly sort of you know, calm conditions,

856
00:43:24,360 --> 00:43:26,759
Speaker 20: clear water. Could see what was going on, we could

857
00:43:26,760 --> 00:43:29,560
Speaker 20: both get the measure of each other, so I didn't

858
00:43:29,560 --> 00:43:30,879
Speaker 20: feel too concerned.

859
00:43:32,920 --> 00:43:37,600
Speaker 2: And that was on purpose or by chance, well yeah,

860
00:43:37,680 --> 00:43:39,319
Speaker 2: kind of it was actually by chance.

861
00:43:39,360 --> 00:43:41,000
Speaker 20: I was speaking diving on the wreck of the Young

862
00:43:41,040 --> 00:43:44,239
Speaker 20: Gala and pop down over the side, right down onto

863
00:43:44,239 --> 00:43:46,440
Speaker 20: the bottom and had three big bull sharks come and

864
00:43:46,520 --> 00:43:47,320
Speaker 20: checking out.

865
00:43:47,960 --> 00:43:50,840
Speaker 2: If they can see you. Water's clear, there's no fresh

866
00:43:50,880 --> 00:43:53,920
Speaker 2: water running off, there's been no rain. Are they actually

867
00:43:54,200 --> 00:43:55,319
Speaker 2: non threatening to us?

868
00:43:56,840 --> 00:44:00,239
Speaker 20: Generally most sharks, you know, having a clue what a

869
00:44:00,320 --> 00:44:05,000
Speaker 20: human being is, and they tend to tend to avoid

870
00:44:05,040 --> 00:44:08,200
Speaker 20: objects they're not familiar with. But you know, at times

871
00:44:08,239 --> 00:44:11,839
Speaker 20: bull sharks have attacked people in clear water off quite

872
00:44:11,880 --> 00:44:16,040
Speaker 20: often surfers, but also sometimes people jumping off boats and

873
00:44:16,120 --> 00:44:19,160
Speaker 20: wore jetties. You know, they sort of kee into those

874
00:44:19,200 --> 00:44:24,520
Speaker 20: sorts of stimuli like loud splashes and things like that,

875
00:44:24,719 --> 00:44:28,840
Speaker 20: and jetties and boats that they're often used to scavenging

876
00:44:28,880 --> 00:44:32,279
Speaker 20: around those for off or throwing off them. So you know,

877
00:44:32,520 --> 00:44:35,239
Speaker 20: a person off a boat or a jetty can seem

878
00:44:35,320 --> 00:44:37,719
Speaker 20: like something falling or being thrown off of one of

879
00:44:37,760 --> 00:44:38,680
Speaker 20: those platforms.

880
00:44:39,080 --> 00:44:41,040
Speaker 2: The most important question, do we get bull sharks in

881
00:44:41,040 --> 00:44:41,600
Speaker 2: New Zealand?

882
00:44:42,719 --> 00:44:43,400
Speaker 13: No, we don't.

883
00:44:44,000 --> 00:44:46,800
Speaker 20: There have been the occasional report, but they almost always

884
00:44:46,800 --> 00:44:51,360
Speaker 20: turned out to be misidentifications of bronze whalers with close relatives.

885
00:44:51,360 --> 00:44:54,040
Speaker 3: But they're fish heaters.

886
00:44:54,200 --> 00:44:57,000
Speaker 20: But yeah, the waters would have to warm up an

887
00:44:57,040 --> 00:44:59,319
Speaker 20: awful lot before bull sharks would make home here.

888
00:44:59,480 --> 00:45:02,200
Speaker 2: Good news and thank you. Clinton Duffy, curator of Marine

889
00:45:02,239 --> 00:45:04,640
Speaker 2: Biology at Auckland Museum, on the shark attacks across the

890
00:45:04,640 --> 00:45:07,000
Speaker 2: Tasman twenty one minutes after five that there's a guy

891
00:45:07,040 --> 00:45:09,880
Speaker 2: over there, like a shark expert in Sydney who said,

892
00:45:10,520 --> 00:45:13,279
Speaker 2: quite seriously, he used a lot of expletives in his

893
00:45:13,360 --> 00:45:15,640
Speaker 2: post because he wanted to get the point across. Do

894
00:45:15,800 --> 00:45:19,200
Speaker 2: not go swimming for seven days in the beaches around

895
00:45:19,239 --> 00:45:22,400
Speaker 2: Sydney at all. It is a feeding frenzy, is the

896
00:45:22,400 --> 00:45:25,200
Speaker 2: way he described it. They are so riled up. Do

897
00:45:25,280 --> 00:45:26,759
Speaker 2: not get in the water. So there you go. If

898
00:45:26,760 --> 00:45:28,279
Speaker 2: you've got friends and family there, you might want to

899
00:45:28,280 --> 00:45:30,839
Speaker 2: pass that on, especially if they're going out surfing. Now

900
00:45:30,920 --> 00:45:33,319
Speaker 2: it is twenty one minutes after five. Next I'll tell

901
00:45:33,320 --> 00:45:35,640
Speaker 2: you some good news about the economy. After five thirty

902
00:45:35,680 --> 00:45:36,680
Speaker 2: we'll get into the Beckhams.

903
00:45:37,000 --> 00:45:39,200
Speaker 3: Digging deeper into the day's headlines.

904
00:45:39,400 --> 00:45:42,239
Speaker 1: It's Ryan Bridge on hither DUP c Ellen dry with

905
00:45:42,520 --> 00:45:45,920
Speaker 1: one New Zealand coverage like no one else news talks,

906
00:45:45,920 --> 00:45:46,279
Speaker 1: there'd be.

907
00:45:46,600 --> 00:45:48,799
Speaker 2: Five twenty four on news talks. There'll be more good

908
00:45:48,840 --> 00:45:51,359
Speaker 2: news on the economy front for you, and we always

909
00:45:51,400 --> 00:45:53,319
Speaker 2: keep your cross the numbers here on ZB as you know.

910
00:45:53,440 --> 00:45:56,000
Speaker 2: And it feels like forever since we've been able to

911
00:45:56,040 --> 00:45:59,280
Speaker 2: share some good news on the PMI and the PSI front.

912
00:45:59,560 --> 00:46:03,000
Speaker 2: PSI I, remember as your services sector, quite important because

913
00:46:03,040 --> 00:46:06,319
Speaker 2: it's about two thirds of our GDP and it's been

914
00:46:06,320 --> 00:46:09,640
Speaker 2: in the doldrums for years actually now, so for the

915
00:46:09,680 --> 00:46:13,799
Speaker 2: first time in two years it has moved into expansion territory.

916
00:46:13,840 --> 00:46:17,560
Speaker 2: It is growing fantastic, sitting at fifty one point five.

917
00:46:17,640 --> 00:46:21,399
Speaker 2: Remember anything over fifty is growth, below is contraction. We're

918
00:46:21,440 --> 00:46:25,400
Speaker 2: still below the average fifty two point eight, but we

919
00:46:25,480 --> 00:46:28,960
Speaker 2: jumped four point three points on November for December, so

920
00:46:29,040 --> 00:46:31,839
Speaker 2: that is fantastic news. Now, the PMI for December, this

921
00:46:31,880 --> 00:46:35,600
Speaker 2: is your manufacturing index that was sitting at fifty six

922
00:46:35,680 --> 00:46:38,520
Speaker 2: point one last week, up four point four points on

923
00:46:38,600 --> 00:46:42,680
Speaker 2: November and above the average which is fifty two point five.

924
00:46:42,920 --> 00:46:47,560
Speaker 2: The number again fifty six point one yesterday we had

925
00:46:47,600 --> 00:46:51,200
Speaker 2: more positive numbers on the residential construction front, which I

926
00:46:51,239 --> 00:46:54,640
Speaker 2: shared with you. This means it is official. A recovery

927
00:46:54,920 --> 00:46:58,960
Speaker 2: is happening. It is real. All the usual caveats apply,

928
00:46:59,120 --> 00:47:01,600
Speaker 2: which you probably sick of people saying by now that

929
00:47:01,640 --> 00:47:05,520
Speaker 2: it's unevenly felt. The recoveries are that way in nature,

930
00:47:05,600 --> 00:47:07,880
Speaker 2: et cetera, et cetera. But just go down to your

931
00:47:07,880 --> 00:47:10,239
Speaker 2: local shops, go to your local restaurant. You can see

932
00:47:10,280 --> 00:47:13,080
Speaker 2: this happening in action. It doesn't mean that we will

933
00:47:13,080 --> 00:47:15,839
Speaker 2: all feel rich overnight, of course, but it does mean

934
00:47:15,960 --> 00:47:18,080
Speaker 2: that people are spending again, and that has got to

935
00:47:18,120 --> 00:47:21,160
Speaker 2: be a good thing. Inflation is coming down, mortgages are

936
00:47:21,160 --> 00:47:27,640
Speaker 2: getting cheaper. Let's not forget in our cards swiping frenzy.

937
00:47:28,080 --> 00:47:30,360
Speaker 2: Let's not forget how we got here in the first place.

938
00:47:30,880 --> 00:47:33,600
Speaker 2: Let's make sure that we don't let governments and reserve

939
00:47:33,680 --> 00:47:39,279
Speaker 2: bankers get carried away next time. Ryan Bridge by twenty six. Now,

940
00:47:39,320 --> 00:47:40,759
Speaker 2: one of the things you might go and spend your

941
00:47:40,760 --> 00:47:44,960
Speaker 2: money on is movies, and boy, do you spend a

942
00:47:44,960 --> 00:47:47,160
Speaker 2: lot of money going to the movies these days. I

943
00:47:47,200 --> 00:47:50,440
Speaker 2: was very pleased to hear some comments made by a

944
00:47:50,520 --> 00:47:54,200
Speaker 2: woman named Clear Bins now Clear Bins is the creative

945
00:47:54,239 --> 00:47:57,759
Speaker 2: director of Picture House Cinemas in the UK. She has

946
00:47:57,880 --> 00:48:02,520
Speaker 2: just been awarded this year's Bafter for Outstanding British Contribution

947
00:48:02,719 --> 00:48:07,440
Speaker 2: to Cinema. So congratulations to Clear. Claire has come out

948
00:48:07,040 --> 00:48:13,759
Speaker 2: and sharpened a message and delivered a message to the studios.

949
00:48:14,760 --> 00:48:16,920
Speaker 2: Three hours is too long for a movie. If you

950
00:48:17,000 --> 00:48:20,640
Speaker 2: want people to go to the cinema, make your movies shorter.

951
00:48:21,000 --> 00:48:24,239
Speaker 2: This is her message and it appears to be getting through.

952
00:48:24,800 --> 00:48:27,480
Speaker 2: Killers of the Flower Moon was two hundred and six minutes?

953
00:48:27,560 --> 00:48:30,280
Speaker 2: Did anyone go see that? The Bruceless was two hundred

954
00:48:30,280 --> 00:48:33,279
Speaker 2: and fifteen minutes? Avatar. I tried to take my niece

955
00:48:33,320 --> 00:48:35,840
Speaker 2: to nephew to Avatar. They said, no way, three hours

956
00:48:35,920 --> 00:48:39,960
Speaker 2: twenty no thank you. One battle after the other that

957
00:48:40,120 --> 00:48:41,759
Speaker 2: was more than three hours. I did go to that.

958
00:48:42,200 --> 00:48:44,840
Speaker 2: So it seems like, you know, at least from the

959
00:48:44,920 --> 00:48:48,799
Speaker 2: cinema perspective, we could have someone on our side to

960
00:48:48,800 --> 00:48:51,799
Speaker 2: try and get the movie length down. Bad for your back,

961
00:48:51,840 --> 00:48:54,760
Speaker 2: I mean, how you meant to hold on to your cope?

962
00:48:55,280 --> 00:48:56,680
Speaker 2: So you're going to go to do your business at

963
00:48:56,719 --> 00:48:59,760
Speaker 2: some point, don't you? So keep them short? Please.

964
00:49:01,080 --> 00:49:05,319
Speaker 1: Today's newsmakers talk to Ryan first, Ryan Bridge on Heather

965
00:49:05,400 --> 00:49:08,840
Speaker 1: dupisy Ellen Drive with One New Zealand and the Power

966
00:49:08,880 --> 00:49:36,520
Speaker 1: at Satellite Mobile News Talks by.

967
00:49:23,880 --> 00:49:26,319
Speaker 2: Five away from second two talk. B's great to have

968
00:49:26,440 --> 00:49:28,280
Speaker 2: your company. We'll get to the huddle in just the second.

969
00:49:28,280 --> 00:49:31,160
Speaker 2: Tim Wilson and Alie Jones will be with us after sex.

970
00:49:31,160 --> 00:49:33,240
Speaker 2: We're also going to talk more about a too milk

971
00:49:33,360 --> 00:49:37,759
Speaker 2: and its problem with China's population right now. It was

972
00:49:37,760 --> 00:49:40,360
Speaker 2: staying in Australia actually for a second, so there was

973
00:49:40,440 --> 00:49:43,960
Speaker 2: and we spoke about this. Last year. Australia's biggest coal plant,

974
00:49:44,040 --> 00:49:47,399
Speaker 2: coal fired power plant, was going to close down. It's

975
00:49:47,400 --> 00:49:49,839
Speaker 2: been given a two year extension so we'll stay open

976
00:49:49,880 --> 00:49:52,120
Speaker 2: three or twenty twenty nine. This is in New South Wales.

977
00:49:52,160 --> 00:49:55,799
Speaker 2: They did a message to the AX today. A couple

978
00:49:55,840 --> 00:49:59,200
Speaker 2: of problems. One, well, they're worried about blackouts and you

979
00:49:59,239 --> 00:50:02,759
Speaker 2: would rather have coal power, coal find power then no

980
00:50:02,960 --> 00:50:06,799
Speaker 2: power at all. The other problem they've got is the renewables.

981
00:50:06,840 --> 00:50:10,720
Speaker 2: The uptick and renewables has been lower than expected. Surprise, surprise,

982
00:50:11,280 --> 00:50:14,840
Speaker 2: So what is happening. Well, they are keeping open the

983
00:50:15,040 --> 00:50:17,200
Speaker 2: coal fired power plants and there are a couple of

984
00:50:17,200 --> 00:50:19,920
Speaker 2: them around Australia and they will be staying open for longer.

985
00:50:20,680 --> 00:50:24,640
Speaker 2: And they spoke on the sky today to Shadow Industrial

986
00:50:24,640 --> 00:50:29,040
Speaker 2: Relations Employment. Mister Tim Wilson talked about the extension for

987
00:50:29,080 --> 00:50:31,640
Speaker 2: this power station three to twenty twenty nine. Reacting to

988
00:50:31,680 --> 00:50:34,839
Speaker 2: the news, but also the deals that the government state

989
00:50:34,880 --> 00:50:37,120
Speaker 2: governments in New South Wales and Victoria are doing.

990
00:50:37,160 --> 00:50:40,480
Speaker 21: Hey, listen, we know full well that Victoria's got secret

991
00:50:40,520 --> 00:50:44,400
Speaker 21: deals with the coal operators or coal generators to extend

992
00:50:44,400 --> 00:50:46,880
Speaker 21: their life. I expect New South government, New South Wales

993
00:50:46,920 --> 00:50:50,520
Speaker 21: government will do the same. They all talk all renewables,

994
00:50:50,600 --> 00:50:53,759
Speaker 21: but in reality it's a very different story. Of course,

995
00:50:53,760 --> 00:50:57,839
Speaker 21: they've had the same complete u turn with gas. There's

996
00:50:57,840 --> 00:51:01,120
Speaker 21: a point where economics and physics sticks energy. It's not

997
00:51:01,320 --> 00:51:03,520
Speaker 21: just ideology as the Labor Party would like.

998
00:51:03,640 --> 00:51:05,759
Speaker 2: Yeah, quite a reasonable thing to say, I would have thought.

999
00:51:05,840 --> 00:51:09,080
Speaker 2: And you know our government who changed the rules on

1000
00:51:09,200 --> 00:51:11,880
Speaker 2: methane and our targets etc. And there was all of

1001
00:51:11,920 --> 00:51:14,960
Speaker 2: this hoo ha, all of this pushback from the media

1002
00:51:15,160 --> 00:51:18,719
Speaker 2: and from the green groups. They said, oh no, no,

1003
00:51:18,800 --> 00:51:21,040
Speaker 2: our trading partners will hate this, you know, will be

1004
00:51:21,360 --> 00:51:25,680
Speaker 2: in breach of our trading agreements. I'm sorry, you're extending

1005
00:51:25,719 --> 00:51:30,040
Speaker 2: the life of coal fired power plants in Australia and

1006
00:51:30,120 --> 00:51:34,600
Speaker 2: giving us stick about cows burping to feed people. No, no,

1007
00:51:34,719 --> 00:51:38,600
Speaker 2: it doesn't make sense. Bran twenty three away from Sex Now.

1008
00:51:39,440 --> 00:51:41,160
Speaker 2: Big story of the day, of course, is the Beckham

1009
00:51:41,160 --> 00:51:45,760
Speaker 2: family feud getting quite spicy. David and Victoria's eldest son, Brooklyn,

1010
00:51:45,800 --> 00:51:49,120
Speaker 2: has been estranged from his superstar appearance for most of

1011
00:51:49,160 --> 00:51:50,960
Speaker 2: twenty twenty five. In fact, it apparently it's been a

1012
00:51:50,960 --> 00:51:53,600
Speaker 2: couple of years now, but up until now it's been

1013
00:51:53,719 --> 00:51:57,120
Speaker 2: pretty uncertain. It's been under the covers. What caused the riff?

1014
00:51:57,239 --> 00:52:00,759
Speaker 2: Today Brooklyn posted a lengthy statement on instant. He says

1015
00:52:00,800 --> 00:52:04,600
Speaker 2: the feud is all about his parents disapproval of his wife.

1016
00:52:05,000 --> 00:52:09,120
Speaker 2: This is the billionaire heiress Nicola Peltz. But what exactly

1017
00:52:09,200 --> 00:52:10,680
Speaker 2: are the gripes? Well here to break it down, as

1018
00:52:10,719 --> 00:52:14,320
Speaker 2: Alexandria Funnel, a TV producer and host of the Beefing

1019
00:52:14,400 --> 00:52:19,279
Speaker 2: podcast Alexandria, good evening, Hello, how are you very well?

1020
00:52:19,320 --> 00:52:20,879
Speaker 2: Thank you? So what's Brooklyn said?

1021
00:52:22,160 --> 00:52:22,279
Speaker 3: So?

1022
00:52:22,480 --> 00:52:26,520
Speaker 22: Basically, he's taken to Instagram, where all family feuds should

1023
00:52:26,560 --> 00:52:30,080
Speaker 22: be aired not and he's basically confirmed some of the

1024
00:52:30,200 --> 00:52:34,560
Speaker 22: long held, long standing rumors, which was about what the

1025
00:52:34,600 --> 00:52:39,120
Speaker 22: gripes are. So he said to me, the most interesting

1026
00:52:39,360 --> 00:52:43,160
Speaker 22: thing is him saying his mother stole his first dance,

1027
00:52:43,400 --> 00:52:47,120
Speaker 22: so instead of it being his wife, they had famous

1028
00:52:47,120 --> 00:52:49,960
Speaker 22: singer Mark Anthony up there singing a romantic song and

1029
00:52:50,040 --> 00:52:54,640
Speaker 22: he introduced the most beautiful woman in the room, Victoria Beckham,

1030
00:52:54,760 --> 00:52:59,000
Speaker 22: up for the first dance. And apparently Victoria got up

1031
00:52:59,000 --> 00:53:02,280
Speaker 22: there and danced with Brooklyn instead of his actual wife,

1032
00:53:02,320 --> 00:53:05,480
Speaker 22: and Brooklyn has said she danced. It was one of

1033
00:53:05,560 --> 00:53:08,680
Speaker 22: the most humiliating experiences of his life. So that's probably

1034
00:53:08,680 --> 00:53:11,760
Speaker 22: the most salacious thing to come out, and that's long rumored.

1035
00:53:11,800 --> 00:53:13,279
Speaker 22: So a lot of people who were there have been

1036
00:53:13,440 --> 00:53:15,879
Speaker 22: talking about this so the last year or.

1037
00:53:15,800 --> 00:53:18,440
Speaker 2: Two, and that's weird. I mean, let's be honest, that's weird.

1038
00:53:18,520 --> 00:53:22,680
Speaker 2: But the other interesting one Alexandria is that she was

1039
00:53:23,000 --> 00:53:29,000
Speaker 2: posh was apparently bringing girls into their lives from Brooklyn's

1040
00:53:29,080 --> 00:53:32,000
Speaker 2: past to make it awkward for the new wife.

1041
00:53:32,600 --> 00:53:37,560
Speaker 22: Correct. So the rumors around that was that I don't

1042
00:53:37,600 --> 00:53:39,960
Speaker 22: know whether Victoria was introducing them, but one of the

1043
00:53:40,040 --> 00:53:45,320
Speaker 22: younger Beckham brothers was dating one of Brooklyn's exes, bringing

1044
00:53:45,360 --> 00:53:48,239
Speaker 22: them into the fold inviting them to family events, which

1045
00:53:48,280 --> 00:53:51,320
Speaker 22: made Brooklyn and his partner obviously very uncomfortable.

1046
00:53:52,080 --> 00:53:52,920
Speaker 5: But if he.

1047
00:53:53,040 --> 00:53:56,200
Speaker 22: Suggested that that's what happened, then I do I tend

1048
00:53:56,200 --> 00:53:57,080
Speaker 22: to believe him.

1049
00:53:57,360 --> 00:53:59,799
Speaker 2: Yeah, I think there's with this smoke, This fire is

1050
00:53:59,800 --> 00:54:02,480
Speaker 2: the What does this read like to you? Alexandria is

1051
00:54:02,840 --> 00:54:06,919
Speaker 2: entitled the rich kid who's upseted as parents? What's the beef?

1052
00:54:07,960 --> 00:54:11,160
Speaker 22: Well, that's the first thing that you think, right, You think, well, yes,

1053
00:54:11,360 --> 00:54:14,440
Speaker 22: because he accuses them of only caring about Brand Beckham.

1054
00:54:14,480 --> 00:54:17,279
Speaker 22: But we need to think Brand Beckham has, you know,

1055
00:54:17,520 --> 00:54:20,160
Speaker 22: supported the entire of the family for a long time.

1056
00:54:20,360 --> 00:54:22,920
Speaker 22: None of them have jobs, none of them earn any money,

1057
00:54:23,120 --> 00:54:26,160
Speaker 22: so in a lot of ways it's important that they

1058
00:54:26,239 --> 00:54:30,680
Speaker 22: do it protect Brand Beckham. So on one hand, you think, well, yes,

1059
00:54:30,880 --> 00:54:33,080
Speaker 22: all they care about is Brand Beckham, and that would

1060
00:54:33,080 --> 00:54:36,520
Speaker 22: be annoying as a kid. But at the other end

1061
00:54:36,600 --> 00:54:38,600
Speaker 22: of the spectrum, it's like, well, none of you have

1062
00:54:38,680 --> 00:54:41,640
Speaker 22: jobs or your own brand outside of Brand Beckham.

1063
00:54:41,239 --> 00:54:42,280
Speaker 5: So what do you expect.

1064
00:54:42,320 --> 00:54:44,840
Speaker 22: You can't have it both ways. But yeah, from a

1065
00:54:44,920 --> 00:54:48,480
Speaker 22: rich kid's perspective, I guess he only knows what he knows.

1066
00:54:48,480 --> 00:54:51,680
Speaker 22: Similar to Prince Harry, and their version of.

1067
00:54:51,640 --> 00:54:55,319
Speaker 2: Trauma is that it does have a hairy whiff to it,

1068
00:54:55,320 --> 00:54:56,319
Speaker 2: doesn't it a mix?

1069
00:54:58,320 --> 00:55:02,240
Speaker 22: Apparently they have teamed up up as well. They're friends

1070
00:55:02,600 --> 00:55:05,560
Speaker 22: in La. Yeah they are, and they're using their pr

1071
00:55:05,640 --> 00:55:06,759
Speaker 22: firm allegedly.

1072
00:55:07,239 --> 00:55:11,239
Speaker 2: Alexandria, So you your job tele here, TV producer, host

1073
00:55:11,320 --> 00:55:14,440
Speaker 2: of the Beefing podcast. What TV show are you producing?

1074
00:55:14,880 --> 00:55:15,839
Speaker 2: How did you get into beach?

1075
00:55:17,400 --> 00:55:17,440
Speaker 13: So?

1076
00:55:18,200 --> 00:55:21,560
Speaker 22: I no longer produce TV, but my most recent shows

1077
00:55:21,600 --> 00:55:24,480
Speaker 22: were Married at First Side of Master Chef. But I know,

1078
00:55:27,320 --> 00:55:31,520
Speaker 22: you know, you see how I got into beef and yeah,

1079
00:55:31,560 --> 00:55:36,600
Speaker 22: the Beefing is just about celebrities, stouches and political beefs

1080
00:55:36,600 --> 00:55:39,120
Speaker 22: and whatever. And I also host a podcast called that

1081
00:55:39,160 --> 00:55:42,279
Speaker 22: Showbierz Baby, which is sort of where it all came from. Yeah,

1082
00:55:42,360 --> 00:55:44,280
Speaker 22: so I'm a guess. I just love beef.

1083
00:55:44,480 --> 00:55:48,520
Speaker 2: Yeah. And this is your full time job, yeah, more

1084
00:55:48,600 --> 00:55:49,040
Speaker 2: or less.

1085
00:55:50,719 --> 00:55:51,040
Speaker 14: Yeah.

1086
00:55:51,080 --> 00:55:53,240
Speaker 22: And I do a lot of media commentary around Married

1087
00:55:53,280 --> 00:55:58,279
Speaker 22: at First Side and write columns and like, and.

1088
00:55:59,160 --> 00:56:02,080
Speaker 2: You have a career doing this. Good on you, Alexandria,

1089
00:56:02,080 --> 00:56:04,720
Speaker 2: appreciate your time. Alexandria Funnel, He's with a TV producer,

1090
00:56:04,760 --> 00:56:08,719
Speaker 2: host of the Beefing podcast, all about people having fights.

1091
00:56:09,080 --> 00:56:12,000
Speaker 2: Eighteen away from six the Huddle with.

1092
00:56:12,040 --> 00:56:15,200
Speaker 1: New Zealand Souderby's International Realty, a name you can trust

1093
00:56:15,280 --> 00:56:16,840
Speaker 1: locally and globally.

1094
00:56:17,200 --> 00:56:20,120
Speaker 2: Right, we've got our own beef tonight. Joining the huddle

1095
00:56:20,400 --> 00:56:23,800
Speaker 2: is Tim Wilson from the Maximum Institute and Allie Jones

1096
00:56:23,840 --> 00:56:25,759
Speaker 2: from Red PR Good evening to.

1097
00:56:25,760 --> 00:56:30,080
Speaker 23: You both, Hi, medium, rare or just see it.

1098
00:56:30,800 --> 00:56:35,120
Speaker 11: I'm wanting yeah, no medium, Well done for me?

1099
00:56:35,320 --> 00:56:39,040
Speaker 2: Okay, okay, Ellie thoughts on Brooklyn Beckham.

1100
00:56:40,320 --> 00:56:42,000
Speaker 11: Oh it's a big yawn.

1101
00:56:42,080 --> 00:56:42,360
Speaker 8: Really.

1102
00:56:42,520 --> 00:56:45,120
Speaker 11: I hate this kind of stuff. I've always hated it,

1103
00:56:45,160 --> 00:56:47,880
Speaker 11: but I just heard what your guests said then, And

1104
00:56:48,000 --> 00:56:50,680
Speaker 11: look that dance thing is really odd. I mean, you

1105
00:56:50,840 --> 00:56:53,600
Speaker 11: know that the first dance is with the person that

1106
00:56:54,120 --> 00:56:58,439
Speaker 11: you are marrying or have married, So why on earth

1107
00:56:58,560 --> 00:57:01,239
Speaker 11: the mother would get up? That is very odd. But

1108
00:57:01,840 --> 00:57:05,360
Speaker 11: he sounds immature and posh, sounds like she's been a

1109
00:57:05,400 --> 00:57:07,879
Speaker 11: bit tone death to some of this stuff too. But look,

1110
00:57:07,880 --> 00:57:10,719
Speaker 11: you wouldn't have brand Beckham, or the Kardashians or any

1111
00:57:10,760 --> 00:57:13,600
Speaker 11: of these without this kind of stuff going on. So

1112
00:57:13,640 --> 00:57:16,040
Speaker 11: it's really just part of the court, is Tim.

1113
00:57:17,360 --> 00:57:17,560
Speaker 3: Yeah.

1114
00:57:17,600 --> 00:57:19,600
Speaker 23: I mean I think you observed that he seems to

1115
00:57:19,640 --> 00:57:22,800
Speaker 23: be dipping into the Prince Harry Rulbalker family interaction, which

1116
00:57:23,360 --> 00:57:27,520
Speaker 23: my understanding is that that one doesn't end well. I think, yeah,

1117
00:57:27,560 --> 00:57:32,480
Speaker 23: it's sad because actually the most wonderful relationship you know,

1118
00:57:32,560 --> 00:57:37,160
Speaker 23: that we know of is harmonious family relationships. But they

1119
00:57:37,240 --> 00:57:40,800
Speaker 23: take what is it humility because we don't know it all.

1120
00:57:40,840 --> 00:57:44,720
Speaker 23: They take forgiveness because often those we love most stuff up,

1121
00:57:44,800 --> 00:57:46,760
Speaker 23: and they take privacy. And I know it's at the

1122
00:57:46,880 --> 00:57:49,200
Speaker 23: end of the guy's post, it's like, oh, we want

1123
00:57:49,280 --> 00:57:52,480
Speaker 23: are peace, privacy and happiness? Well, you haven't gone about it.

1124
00:57:52,560 --> 00:57:54,960
Speaker 23: And can I just say something positive? My parents today

1125
00:57:55,080 --> 00:57:57,800
Speaker 23: sixty four years of marriage. They're celebrating it and I

1126
00:57:57,840 --> 00:58:02,240
Speaker 23: wouldn't have the life I have without them, So to them.

1127
00:58:01,680 --> 00:58:04,680
Speaker 2: That's nice. Why didn't go into a four page Instagram

1128
00:58:04,720 --> 00:58:08,040
Speaker 2: post about that about how awesome they are?

1129
00:58:08,120 --> 00:58:09,480
Speaker 3: Yeah? You know what, I don't know.

1130
00:58:09,520 --> 00:58:11,320
Speaker 23: I don't know how much traction that'll get on ter.

1131
00:58:11,560 --> 00:58:13,400
Speaker 23: I think that I think beef seals.

1132
00:58:13,400 --> 00:58:16,400
Speaker 11: Exactly only one person in your family. Tim, haven't you

1133
00:58:16,480 --> 00:58:19,240
Speaker 11: got that drunk uncle or someone is that you're not

1134
00:58:19,320 --> 00:58:20,760
Speaker 11: like Walton's.

1135
00:58:20,440 --> 00:58:23,960
Speaker 23: Or oh no, I've got I've got three wonderful sisters.

1136
00:58:24,160 --> 00:58:27,320
Speaker 23: And also I'm adopted siem in touch with my birth

1137
00:58:27,360 --> 00:58:28,120
Speaker 23: families as well.

1138
00:58:28,200 --> 00:58:30,240
Speaker 9: So it's a it's a it's a it's.

1139
00:58:30,160 --> 00:58:30,880
Speaker 23: A great cloak.

1140
00:58:31,080 --> 00:58:33,320
Speaker 2: Oh good. Now when we come back, I wanted to

1141
00:58:33,320 --> 00:58:36,040
Speaker 2: ask you about both about Greenland and Trump and whether

1142
00:58:36,080 --> 00:58:38,520
Speaker 2: you think this is a negotiation tactic or whether you

1143
00:58:38,560 --> 00:58:40,240
Speaker 2: think this he's actually deadly serious.

1144
00:58:40,280 --> 00:58:45,240
Speaker 1: That's next the Huddle with New Zealand Southeby's International Realty,

1145
00:58:45,560 --> 00:58:47,480
Speaker 1: the only truly global.

1146
00:58:47,080 --> 00:58:49,880
Speaker 2: Brand thirteen to six. Tim Wilson and Allie Jones on

1147
00:58:49,880 --> 00:58:51,960
Speaker 2: the Huddle tonight, Tim, I will start with you on

1148
00:58:52,040 --> 00:58:56,280
Speaker 2: Trump and Greenland. So obviously you were US correspondent for

1149
00:58:56,320 --> 00:58:58,840
Speaker 2: many years. You know the place in and out. Is

1150
00:58:58,880 --> 00:59:01,200
Speaker 2: this a negotiation team? Do you think from Trump to

1151
00:59:01,200 --> 00:59:04,000
Speaker 2: get a mineral deal or do you think he serious

1152
00:59:04,000 --> 00:59:06,720
Speaker 2: about actually, I don't know, maybe even taking military action.

1153
00:59:07,920 --> 00:59:10,520
Speaker 23: Look, I think I think it's sort of geopolitical version

1154
00:59:10,560 --> 00:59:13,919
Speaker 23: of the out of the deal extended. And I don't

1155
00:59:13,920 --> 00:59:16,640
Speaker 23: know if it's about minerals. I do think it's about geopolitics.

1156
00:59:17,360 --> 00:59:22,400
Speaker 23: We are certainly in the post rules based order era.

1157
00:59:22,520 --> 00:59:25,120
Speaker 23: This is the age of empire. I mean just just

1158
00:59:25,200 --> 00:59:27,960
Speaker 23: recently Canada signed a trade deal with China, and the

1159
00:59:28,000 --> 00:59:30,480
Speaker 23: PM said, we have to take the world as we

1160
00:59:30,560 --> 00:59:33,840
Speaker 23: find it, not as we want it to be. International

1161
00:59:33,920 --> 00:59:36,560
Speaker 23: law was, actually, we think about it, the rules system

1162
00:59:36,680 --> 00:59:40,600
Speaker 23: was based on American power. Now, having said that, I think,

1163
00:59:40,640 --> 00:59:43,320
Speaker 23: you know this deal, Trump is behaving like a three

1164
00:59:43,360 --> 00:59:46,120
Speaker 23: year old on a sugar binge. So you know, why

1165
00:59:46,160 --> 00:59:48,360
Speaker 23: would you trust America? And the other thing about this

1166
00:59:48,560 --> 00:59:50,440
Speaker 23: is like, you know, he's complaining, Oh, I'm doing this

1167
00:59:50,480 --> 00:59:52,920
Speaker 23: because you didn't get the Nobel Prize. You didn't give

1168
00:59:52,960 --> 00:59:55,440
Speaker 23: me the Nobel price. Didn't that nice lady from Venezuela

1169
00:59:55,480 --> 00:59:57,160
Speaker 23: give them the prize? Side, I don't know what the

1170
00:59:57,160 --> 00:59:57,640
Speaker 23: problem is.

1171
00:59:57,880 --> 01:00:00,800
Speaker 2: You got it eventually, didn't he It's a bit like that.

1172
01:00:00,960 --> 01:00:03,320
Speaker 2: I keep saying, you know, America. You know, if you

1173
01:00:03,360 --> 01:00:05,720
Speaker 2: had to pack between Russia and China, America, I mean,

1174
01:00:05,720 --> 01:00:07,440
Speaker 2: you would go with America every time, because at least

1175
01:00:07,440 --> 01:00:10,200
Speaker 2: it's a democracy. But I've noticed now I keep saying

1176
01:00:10,400 --> 01:00:12,080
Speaker 2: it's a democracy for now.

1177
01:00:14,040 --> 01:00:17,520
Speaker 11: Yeah, and I think that that comparison is becoming less

1178
01:00:17,560 --> 01:00:20,880
Speaker 11: and less plausible to be frank, I mean, I agree

1179
01:00:20,920 --> 01:00:24,160
Speaker 11: with Tim. I think no one should try and rationalize anything.

1180
01:00:24,200 --> 01:00:28,360
Speaker 11: Donald Trump says he is a meglo, maniac, petulant, seventy

1181
01:00:28,440 --> 01:00:31,760
Speaker 11: nine year old child, and I look, I do tend

1182
01:00:31,760 --> 01:00:34,840
Speaker 11: to agree that the Denmark debacle is all about power.

1183
01:00:35,600 --> 01:00:39,040
Speaker 11: I do think it's more geopolitical potentially than the minerals

1184
01:00:39,080 --> 01:00:42,960
Speaker 11: that seems to have come from one chap who's actually

1185
01:00:43,280 --> 01:00:46,120
Speaker 11: in the AI business that depends on these minerals, So

1186
01:00:46,160 --> 01:00:49,200
Speaker 11: that's interesting. I've been watching a Netflix series called Hitler

1187
01:00:49,240 --> 01:00:52,800
Speaker 11: and the Nazis Evil on trial. It is chilling, and

1188
01:00:52,840 --> 01:00:56,960
Speaker 11: the similarities to the way, you know, Hitler came to

1189
01:00:57,040 --> 01:01:00,320
Speaker 11: power and what Trump is doing surrounding him off with

1190
01:01:00,480 --> 01:01:03,920
Speaker 11: people is just frightening. And I just hope that the

1191
01:01:03,960 --> 01:01:06,640
Speaker 11: world just keeps standing up to Trump as much as possible.

1192
01:01:07,240 --> 01:01:09,439
Speaker 2: I don't think that he is a rational human being.

1193
01:01:09,440 --> 01:01:11,600
Speaker 2: I don't think that he's something we should aspire to be.

1194
01:01:11,760 --> 01:01:13,560
Speaker 2: But comparing him to Hitler.

1195
01:01:14,400 --> 01:01:18,120
Speaker 11: Oh absolutely, And what he's doing, you know, when you no, no, no,

1196
01:01:18,160 --> 01:01:21,400
Speaker 11: when you look at actually what Trump has done is

1197
01:01:21,440 --> 01:01:27,000
Speaker 11: so far as creating civil and rest unrest internally around Minneapolis,

1198
01:01:27,040 --> 01:01:30,480
Speaker 11: exactly what Hitler did, being the person that's going to

1199
01:01:30,520 --> 01:01:35,760
Speaker 11: save the disenfranchised Germans after World War One, that's what

1200
01:01:36,160 --> 01:01:40,000
Speaker 11: Trump is doing to the disenfranchised Americans. Seriously watching it,

1201
01:01:40,080 --> 01:01:42,320
Speaker 11: I'm going, oh my god, they could be talking about

1202
01:01:42,360 --> 01:01:43,000
Speaker 11: Donald Trump.

1203
01:01:43,360 --> 01:01:47,400
Speaker 23: Well, the Hitler came out of a populist agenda, there's

1204
01:01:47,440 --> 01:01:49,720
Speaker 23: no question. But I have yet to see Trump rounding

1205
01:01:49,800 --> 01:01:51,840
Speaker 23: up people based on the fact that they're Jews and

1206
01:01:51,960 --> 01:01:52,840
Speaker 23: confining them too.

1207
01:01:53,320 --> 01:01:57,600
Speaker 11: Well, he's certainly running them up based on his alleged

1208
01:01:57,680 --> 01:02:03,280
Speaker 11: or they're alleged immigration status. So he's certainly sidelining people,

1209
01:02:03,280 --> 01:02:05,040
Speaker 11: which is exactly what Hitler did.

1210
01:02:05,520 --> 01:02:08,040
Speaker 2: Yeah, but he's not doing it on the basis of race.

1211
01:02:08,120 --> 01:02:10,240
Speaker 2: Is He's doing it on the basis of their immigration

1212
01:02:10,440 --> 01:02:13,080
Speaker 2: immigration status, which is illegal immigration.

1213
01:02:13,520 --> 01:02:15,680
Speaker 11: Yeah, well, yeah, I know, but the principle is still

1214
01:02:15,720 --> 01:02:16,560
Speaker 11: exactly the same.

1215
01:02:17,440 --> 01:02:18,920
Speaker 2: And I don't think it is, Ellie, I don't think

1216
01:02:18,960 --> 01:02:21,200
Speaker 2: it is. I think it's I think it's very different.

1217
01:02:21,840 --> 01:02:27,120
Speaker 2: One was about, you know, sending Jews to the.

1218
01:02:27,080 --> 01:02:29,080
Speaker 21: Gas concentration camps.

1219
01:02:29,520 --> 01:02:32,520
Speaker 2: This is about rounding up migrants have come into the

1220
01:02:32,520 --> 01:02:34,680
Speaker 2: country illegally.

1221
01:02:34,800 --> 01:02:38,560
Speaker 11: That's not what happened initially you watched the documentary. What

1222
01:02:39,080 --> 01:02:42,400
Speaker 11: Hitler did was pick up people, pull up people, round

1223
01:02:42,480 --> 01:02:46,280
Speaker 11: up people who were against him. It wasn't Jews. Initially,

1224
01:02:46,640 --> 01:02:49,080
Speaker 11: those desk camps didn't come up till right till the

1225
01:02:49,160 --> 01:02:52,000
Speaker 11: end of the war. Initially it was political prisoners and

1226
01:02:52,040 --> 01:02:54,520
Speaker 11: they put them into concentration camp. It's exactly the same

1227
01:02:54,520 --> 01:02:55,280
Speaker 11: thing Trump's doing.

1228
01:02:56,560 --> 01:02:58,000
Speaker 23: We might have to agree to disagree.

1229
01:02:58,120 --> 01:03:00,280
Speaker 2: I think we might. I think we might, and I

1230
01:03:00,320 --> 01:03:02,080
Speaker 2: think we might leave it there too. Thanks both so

1231
01:03:02,120 --> 01:03:04,400
Speaker 2: much for being with PS and sim Wilson and Ellie

1232
01:03:04,480 --> 01:03:07,200
Speaker 2: Jones on the huddle. It is nine minutes to six.

1233
01:03:08,360 --> 01:03:11,840
Speaker 1: It's the Heather dupas Allen Drive Full Show podcast on

1234
01:03:12,040 --> 01:03:16,000
Speaker 1: iHeart Radio powered by News TALKSB.

1235
01:03:17,080 --> 01:03:19,200
Speaker 2: News Talks B. It is six minutes away from six's

1236
01:03:19,280 --> 01:03:22,600
Speaker 2: You can imagine text Betweene's gone nuts after Ali said

1237
01:03:22,600 --> 01:03:26,200
Speaker 2: that Trump was basically Hitler, which is never a great

1238
01:03:26,200 --> 01:03:28,200
Speaker 2: way to start an argument. I mean, yeah, you can,

1239
01:03:28,400 --> 01:03:30,400
Speaker 2: you can be against and you can hate some of

1240
01:03:30,440 --> 01:03:34,680
Speaker 2: the stuff that he's doing. Which are you really advancing

1241
01:03:34,720 --> 01:03:37,800
Speaker 2: an argument by saying he's comparing him to Hitler? I

1242
01:03:37,840 --> 01:03:41,760
Speaker 2: don't think so. Because Hitler sent six million Jews to

1243
01:03:41,960 --> 01:03:44,680
Speaker 2: concentration camps and killed them, didn't he? And Trump is

1244
01:03:44,760 --> 01:03:47,680
Speaker 2: nowhere near that, is he He's just well, I mean

1245
01:03:47,720 --> 01:03:50,760
Speaker 2: not just, but he is deporting migrants who are in

1246
01:03:50,840 --> 01:03:55,360
Speaker 2: the country illegally at this stage, Ryan can't believe you

1247
01:03:55,440 --> 01:03:58,080
Speaker 2: let that raving lunatic on your show. Ryan, what a

1248
01:03:58,120 --> 01:04:02,600
Speaker 2: statement comparing Trump to Hitler's discreting that was ridiculous. Ryan,

1249
01:04:04,240 --> 01:04:08,000
Speaker 2: That lady is totally and morally wrong. Even though I

1250
01:04:08,040 --> 01:04:10,720
Speaker 2: don't like Trump myself, that was outrageous. I mean, you

1251
01:04:10,720 --> 01:04:12,200
Speaker 2: can just imagine it goes on and on and on.

1252
01:04:13,600 --> 01:04:15,400
Speaker 2: Leta's talk about something else, Shall we produce a.

1253
01:04:15,400 --> 01:04:17,640
Speaker 9: Law is just pouring some cold water on the text machine.

1254
01:04:17,960 --> 01:04:18,840
Speaker 9: Smoke's coming out of it.

1255
01:04:18,920 --> 01:04:23,560
Speaker 2: Yeah, yes, it's steaming. Hey, let's talk about sharks, shall

1256
01:04:23,600 --> 01:04:27,480
Speaker 2: we in Australia? And oh no, actually no, that's what

1257
01:04:27,640 --> 01:04:29,919
Speaker 2: wasn't sharks. It was the they've just passed their hate

1258
01:04:29,960 --> 01:04:32,880
Speaker 2: speech laws and they've passed the gun laws. And we

1259
01:04:32,880 --> 01:04:34,880
Speaker 2: were talking to Murray Old's the earlier in the show,

1260
01:04:35,000 --> 01:04:38,800
Speaker 2: and the gist or the essence of the gun law

1261
01:04:38,880 --> 01:04:42,439
Speaker 2: changes is you can't own more than ten guns. And

1262
01:04:42,760 --> 01:04:45,240
Speaker 2: farmers are like, well, I might want to own more

1263
01:04:45,280 --> 01:04:46,680
Speaker 2: than that, or I do own more than that, and

1264
01:04:46,720 --> 01:04:49,440
Speaker 2: I need more than that. And there was lots of

1265
01:04:49,480 --> 01:04:52,960
Speaker 2: feedback about that. And this one is from George Ryan,

1266
01:04:53,040 --> 01:04:56,200
Speaker 2: do you play golf. If you do, how many golf

1267
01:04:56,200 --> 01:04:58,800
Speaker 2: clubs do you have? If it's more than one, is

1268
01:04:58,840 --> 01:05:01,320
Speaker 2: that not too many? Or you use different clubs for

1269
01:05:01,360 --> 01:05:05,120
Speaker 2: different jobs. It's the same with firearms, different firearms for

1270
01:05:05,200 --> 01:05:08,080
Speaker 2: a different purpose. Thank you, George. And I think this

1271
01:05:08,160 --> 01:05:11,120
Speaker 2: is part of the problem that we city folk don't

1272
01:05:11,200 --> 01:05:14,520
Speaker 2: understand country folk, and country folk don't really understand the

1273
01:05:14,600 --> 01:05:17,440
Speaker 2: mindset of city folk. That is the problem they're having

1274
01:05:17,480 --> 01:05:19,920
Speaker 2: in Australia with the gun laws right now, so that

1275
01:05:20,400 --> 01:05:23,959
Speaker 2: more water to go under that bridge. On the sharks, Ryan,

1276
01:05:24,000 --> 01:05:25,880
Speaker 2: too many sharks. We need to go back to eating

1277
01:05:25,920 --> 01:05:28,560
Speaker 2: shark and our fish and chips taste good and no bones,

1278
01:05:28,800 --> 01:05:33,760
Speaker 2: says David Ryan, which is about the least controversial thing

1279
01:05:33,800 --> 01:05:36,800
Speaker 2: you could say on this show right now, Ryan, what

1280
01:05:36,880 --> 01:05:39,480
Speaker 2: an ideal time for Tourism New Zealand to whip up

1281
01:05:39,520 --> 01:05:42,080
Speaker 2: some ads to be played in Australia with our nice

1282
01:05:42,200 --> 01:05:45,480
Speaker 2: safe waterways and thank you Timm. You're not the only

1283
01:05:45,520 --> 01:05:49,160
Speaker 2: person to text in about this today. Why don't we

1284
01:05:49,240 --> 01:05:53,680
Speaker 2: run a campaign that's basically you know, we're not Australia.

1285
01:05:54,080 --> 01:05:56,040
Speaker 2: You won't get eaten by a shark. They've had a

1286
01:05:56,040 --> 01:05:59,200
Speaker 2: crocodile attack in far North Queensland in the last twenty

1287
01:05:59,200 --> 01:06:03,520
Speaker 2: four hours as well. Tammy sorry, another text to points

1288
01:06:03,560 --> 01:06:05,640
Speaker 2: out Ryan there was also a woman on Fraser Island

1289
01:06:05,680 --> 01:06:09,480
Speaker 2: who'd been found dead surrounded by dingoes. So do they

1290
01:06:10,080 --> 01:06:12,680
Speaker 2: run some kind of campaign that basically points out you

1291
01:06:12,720 --> 01:06:14,960
Speaker 2: can freely walk through the bush here.

1292
01:06:15,000 --> 01:06:15,640
Speaker 4: You know, don't have to.

1293
01:06:15,600 --> 01:06:18,200
Speaker 2: Worry about long grass and snakes. You know this is

1294
01:06:18,200 --> 01:06:21,600
Speaker 2: a friendly country were nothing bad will ever happen to

1295
01:06:21,640 --> 01:06:26,360
Speaker 2: you unless you're attacked by Ellie Jones. You're on news

1296
01:06:26,360 --> 01:06:28,360
Speaker 2: talks in Big it's coming up to Sex. We'll talk

1297
01:06:28,400 --> 01:06:30,760
Speaker 2: a two milk and China's population after.

1298
01:06:30,600 --> 01:06:56,680
Speaker 24: News games for you person on over again?

1299
01:06:59,760 --> 01:07:03,120
Speaker 3: What down? What were the major calls and how will

1300
01:07:03,120 --> 01:07:04,200
Speaker 3: it affect the economy?

1301
01:07:04,280 --> 01:07:08,120
Speaker 1: The big business questions on the Business Hour with Ryan

1302
01:07:08,160 --> 01:07:10,920
Speaker 1: Bridge and Mass Insurance and investments.

1303
01:07:11,200 --> 01:07:13,000
Speaker 3: Your futures in good hands?

1304
01:07:13,240 --> 01:07:13,880
Speaker 4: News Talks.

1305
01:07:13,880 --> 01:07:16,560
Speaker 2: That'd be good evening seven after six Tuesday night. Great

1306
01:07:16,560 --> 01:07:19,160
Speaker 2: to have your company coming up shortly, Jamie mckaye, Host

1307
01:07:19,160 --> 01:07:21,280
Speaker 2: of the Country. We'll get to show Paul blox and

1308
01:07:21,360 --> 01:07:23,880
Speaker 2: the rock star economist out of the out of Australia

1309
01:07:23,920 --> 01:07:25,600
Speaker 2: for US, I should say in de Brady is in

1310
01:07:25,640 --> 01:07:30,480
Speaker 2: the UK. First, China's birth rate has slowed to a crawl. Basically,

1311
01:07:30,600 --> 01:07:33,760
Speaker 2: it's bad news for a two milk. Why because A

1312
01:07:33,880 --> 01:07:36,439
Speaker 2: two milk does a lot of business in China. When

1313
01:07:36,440 --> 01:07:38,600
Speaker 2: the news came out that their birth rate was now

1314
01:07:38,640 --> 01:07:42,360
Speaker 2: only six point six three per one thousand people, A

1315
01:07:42,520 --> 01:07:45,880
Speaker 2: two's share price plummeted. In fact, the share price fall

1316
01:07:46,000 --> 01:07:48,880
Speaker 2: was so bad, so sudden, that the ACX actually paused

1317
01:07:48,960 --> 01:07:51,880
Speaker 2: trading for a bit and asked A two for a

1318
01:07:52,000 --> 01:07:54,720
Speaker 2: please explain? Is everything okay? Is there anything more you

1319
01:07:54,760 --> 01:07:57,920
Speaker 2: need to tell us? Matt Montgomery is a full size

1320
01:07:57,920 --> 01:08:00,000
Speaker 2: bar senior and listening's with me now, Matt. Good evening,

1321
01:08:00,920 --> 01:08:03,160
Speaker 2: good evening, right, thanks having me, Good to have you.

1322
01:08:03,280 --> 01:08:04,960
Speaker 2: Why is this so bad for A two?

1323
01:08:06,600 --> 01:08:08,880
Speaker 7: Yeah? So, I mean I wouldn't go as far to

1324
01:08:08,920 --> 01:08:11,640
Speaker 7: say so bad. But if you think about the context

1325
01:08:11,720 --> 01:08:14,160
Speaker 7: of A two, about two thirds of their revenue is

1326
01:08:14,840 --> 01:08:18,640
Speaker 7: Chinese formula, and it's the majority of their earnings. So,

1327
01:08:19,479 --> 01:08:23,760
Speaker 7: as you mentioned birth Chinese birth rates were out yesterday afternoon.

1328
01:08:23,800 --> 01:08:27,040
Speaker 7: They were down seventeen percent year on year and about

1329
01:08:27,400 --> 01:08:31,479
Speaker 7: ten percent below what we had expected, and a similar

1330
01:08:31,479 --> 01:08:35,200
Speaker 7: magnitude relative to what A two had expected, so it's

1331
01:08:34,479 --> 01:08:38,880
Speaker 7: the key value driver for the business. But what I

1332
01:08:38,920 --> 01:08:41,200
Speaker 7: would emphasize is that you know, this has been a

1333
01:08:41,240 --> 01:08:44,320
Speaker 7: trend for some time in China, the declining birth rates,

1334
01:08:44,320 --> 01:08:47,599
Speaker 7: and that hasn't precluded A two from growing. So they've

1335
01:08:47,640 --> 01:08:51,240
Speaker 7: been able to take market share, and clearly looking forward

1336
01:08:51,320 --> 01:08:54,040
Speaker 7: for them to grow, they're going to have to continue

1337
01:08:54,080 --> 01:08:56,639
Speaker 7: to take market share in light of these trends.

1338
01:08:56,960 --> 01:08:58,720
Speaker 2: Yeah, it might be fewer babies, but they're still a

1339
01:08:58,760 --> 01:08:59,840
Speaker 2: hall of a lot of them, right.

1340
01:09:00,840 --> 01:09:03,280
Speaker 7: Yeah, So seven point nine to two million was the

1341
01:09:03,360 --> 01:09:06,400
Speaker 7: number yesterday. That was down from nine point five to

1342
01:09:06,400 --> 01:09:09,880
Speaker 7: four million in the year prior. It's quite a skip

1343
01:09:10,000 --> 01:09:14,040
Speaker 7: change when you think about your twenty sixteen twenty seventeen

1344
01:09:14,120 --> 01:09:17,920
Speaker 7: berths was sort of sixteen seventeen eighteen million a year,

1345
01:09:17,960 --> 01:09:21,880
Speaker 7: so it's been quite a sharp reduction versus less than

1346
01:09:21,920 --> 01:09:24,519
Speaker 7: a decade ago. But as you point out, it's still

1347
01:09:25,080 --> 01:09:25,960
Speaker 7: quite a big number.

1348
01:09:26,160 --> 01:09:28,040
Speaker 2: How's share price doing now? Is it recovered?

1349
01:09:28,800 --> 01:09:29,040
Speaker 14: Yeah?

1350
01:09:29,120 --> 01:09:32,360
Speaker 7: So share price fell about eleven percent yesterday on the

1351
01:09:32,400 --> 01:09:35,320
Speaker 7: insiet X. It fell a further one percent today, so

1352
01:09:35,520 --> 01:09:39,759
Speaker 7: you know, meaningfully more muted reaction and as you mentioned,

1353
01:09:39,800 --> 01:09:43,080
Speaker 7: it got put into Holt on the Australian Stock Exchange

1354
01:09:43,160 --> 01:09:46,880
Speaker 7: yesterday as part of a regulation over there, when a

1355
01:09:46,920 --> 01:09:49,759
Speaker 7: stock falls by more than ten percent without an announcement

1356
01:09:49,840 --> 01:09:52,960
Speaker 7: by the company, it automatically goes into a halt.

1357
01:09:53,880 --> 01:09:57,280
Speaker 2: Where else are they looking to do business? Man, Well,

1358
01:09:57,280 --> 01:09:59,519
Speaker 2: I mean, obviously they're not just doing business in China,

1359
01:09:59,560 --> 01:10:01,280
Speaker 2: But where are the growth opportunities?

1360
01:10:02,080 --> 01:10:04,640
Speaker 7: Yeah, so you two, as I mentioned, two thirds of

1361
01:10:04,680 --> 01:10:08,400
Speaker 7: the revenue as in formula in China. That still remains

1362
01:10:09,000 --> 01:10:11,719
Speaker 7: an area of growth with them, as I mentioned, because

1363
01:10:11,760 --> 01:10:15,920
Speaker 7: they are taking market shares. Outside of that, You've got

1364
01:10:16,080 --> 01:10:19,519
Speaker 7: value drivers through the liquid milk business in Australia and

1365
01:10:19,560 --> 01:10:23,120
Speaker 7: the US. And actually, I think more interestingly than both

1366
01:10:23,160 --> 01:10:25,200
Speaker 7: of those is that they're starting to expand into the

1367
01:10:25,320 --> 01:10:30,480
Speaker 7: Vietnamese market from an formula perspective, and they are expanding

1368
01:10:30,520 --> 01:10:34,000
Speaker 7: the product range within China, so going into the adults

1369
01:10:34,040 --> 01:10:36,840
Speaker 7: and senior powders market in China, which is growing sort

1370
01:10:36,840 --> 01:10:40,240
Speaker 7: of twenty to thirty percent perandom for them, and they

1371
01:10:40,280 --> 01:10:43,200
Speaker 7: have been launching sort of kids powders within China to

1372
01:10:43,840 --> 01:10:48,400
Speaker 7: try sort of prolonged the life cycle of their consumer base,

1373
01:10:48,960 --> 01:10:53,599
Speaker 7: transitioning from infant formula then into kids powder. So yes,

1374
01:10:53,680 --> 01:10:56,839
Speaker 7: the headline numbers week, but they are diversifying the business

1375
01:10:56,880 --> 01:11:01,320
Speaker 7: and having success and growing share, but also that divestification.

1376
01:11:02,080 --> 01:11:04,000
Speaker 2: Hey have you done your big rate race yet?

1377
01:11:04,040 --> 01:11:04,240
Speaker 4: Matt?

1378
01:11:06,360 --> 01:11:06,559
Speaker 3: Yeah?

1379
01:11:06,560 --> 01:11:06,880
Speaker 14: I did.

1380
01:11:07,000 --> 01:11:09,679
Speaker 7: I did a decent round a month until ago.

1381
01:11:09,920 --> 01:11:11,760
Speaker 2: So what was it again? Remind me?

1382
01:11:13,800 --> 01:11:16,559
Speaker 7: I was the Keffler Challenge down on the Kiffler track

1383
01:11:17,120 --> 01:11:22,000
Speaker 7: around Milford. Yeah, one of four point fifties. I wasn't alone,

1384
01:11:22,040 --> 01:11:25,920
Speaker 7: but I wasn't exactly breaking course records like like some people.

1385
01:11:26,400 --> 01:11:27,120
Speaker 2: Where'd you place?

1386
01:11:28,640 --> 01:11:35,920
Speaker 7: I was sort of top top quart ale, let's say.

1387
01:11:34,960 --> 01:11:36,439
Speaker 2: And was it sixty k's Have I got that?

1388
01:11:37,880 --> 01:11:38,120
Speaker 4: Yeah?

1389
01:11:38,200 --> 01:11:42,240
Speaker 2: It was good on you. You haven't broken yourself. Well

1390
01:11:42,280 --> 01:11:45,840
Speaker 2: done top quartile, he says, Matt, think you met Montgomery

1391
01:11:45,920 --> 01:11:48,519
Speaker 2: for soth past senior analyst time as eleven after six?

1392
01:11:50,240 --> 01:11:52,360
Speaker 2: Now New Zealand's gott a bit of good press overnight.

1393
01:11:52,400 --> 01:11:54,920
Speaker 2: This is in the United States. This is an unlikely

1394
01:11:55,120 --> 01:11:58,360
Speaker 2: Game of Thrones reunion that's strolling this up. Jason Mamaia

1395
01:11:58,479 --> 01:12:01,360
Speaker 2: has appeared on The Today's. He was asked a question

1396
01:12:01,479 --> 01:12:08,400
Speaker 2: by his former co star Amelia Clark aka Denarius Tigarian.

1397
01:12:08,680 --> 01:12:10,800
Speaker 2: I don't know, I don't watch the show, but you

1398
01:12:10,880 --> 01:12:14,559
Speaker 2: will if you know Game of Thrones. Have a listen, Hey, Jason,

1399
01:12:14,840 --> 01:12:15,360
Speaker 2: remember me.

1400
01:12:16,160 --> 01:12:17,439
Speaker 18: I have a question for you.

1401
01:12:17,920 --> 01:12:19,680
Speaker 12: I'm going to do a job in New Zealand and

1402
01:12:19,720 --> 01:12:23,920
Speaker 12: I want to know what is Jason Momoa's top island tips.

1403
01:12:24,160 --> 01:12:26,839
Speaker 2: Okay, this is a gift from the gods to tourism

1404
01:12:26,880 --> 01:12:29,400
Speaker 2: New Zealand. You would have had to think he's basically

1405
01:12:29,439 --> 01:12:30,960
Speaker 2: a local here in New Zealand, as you know.

1406
01:12:31,040 --> 01:12:31,200
Speaker 3: Now.

1407
01:12:31,320 --> 01:12:34,040
Speaker 2: Star kept his tips close to his chest, though, but

1408
01:12:34,120 --> 01:12:35,479
Speaker 2: he did recommend one thing.

1409
01:12:35,600 --> 01:12:37,120
Speaker 25: You gently want to go to him and I, and

1410
01:12:37,200 --> 01:12:39,280
Speaker 25: you want to meet some of the you know, go

1411
01:12:39,600 --> 01:12:41,760
Speaker 25: to one of the Ewi's and so I'm hoping their

1412
01:12:41,840 --> 01:12:43,720
Speaker 25: production allows them to come in. You want to have

1413
01:12:43,880 --> 01:12:45,519
Speaker 25: like home, and you want to have an ace meal

1414
01:12:46,400 --> 01:12:49,599
Speaker 25: a traditional way, and I think I will tell her

1415
01:12:49,640 --> 01:12:51,160
Speaker 25: where the place is to go, because I don't want

1416
01:12:51,160 --> 01:12:51,639
Speaker 25: the world to.

1417
01:12:51,600 --> 01:12:52,240
Speaker 3: Know where to go.

1418
01:12:52,800 --> 01:12:54,720
Speaker 2: Well, it sounded like he was kind of struggling for

1419
01:12:54,760 --> 01:12:56,400
Speaker 2: an answer there to me. I don't know about you,

1420
01:12:56,840 --> 01:12:59,920
Speaker 2: but you'd have to say, I mean, there are may

1421
01:13:00,120 --> 01:13:02,280
Speaker 2: and cultural experiences you can do here in New Zealand,

1422
01:13:02,280 --> 01:13:04,720
Speaker 2: and they should be one hundred percent applauded, and they

1423
01:13:04,720 --> 01:13:07,519
Speaker 2: are and people love them. But I think the main

1424
01:13:07,600 --> 01:13:09,360
Speaker 2: reason people come to New Zealand is to look at

1425
01:13:09,360 --> 01:13:12,479
Speaker 2: the mountains, isn't it. You know, there's beautiful things, the

1426
01:13:12,560 --> 01:13:15,640
Speaker 2: beautiful natural things to see here, and that would be

1427
01:13:15,680 --> 01:13:20,080
Speaker 2: the driving force. But you cannot deny once they get here,

1428
01:13:20,320 --> 01:13:23,240
Speaker 2: when they go and do those cultural experiences, they absolutely

1429
01:13:23,280 --> 01:13:26,040
Speaker 2: froth over them, don't they, particularly the Americans. Thirteen after

1430
01:13:26,080 --> 01:13:27,960
Speaker 2: six News Talk, said b Jamie McKay.

1431
01:13:28,080 --> 01:13:31,880
Speaker 1: Next, it's the Heather Duper c Allen Drive Full Show

1432
01:13:31,960 --> 01:13:35,639
Speaker 1: podcast on iHeartRadio empowered by News Talk ZEBB.

1433
01:13:36,640 --> 01:13:39,720
Speaker 2: News Talks ZB It is six sixteen. Paul Bloxham, that's

1434
01:13:39,720 --> 01:13:42,800
Speaker 2: your rock star economists, chief economist at HSBC. He's gonna

1435
01:13:42,800 --> 01:13:46,280
Speaker 2: be with us after six thirty tonight. AHSBC is predicting

1436
01:13:46,320 --> 01:13:50,320
Speaker 2: this year we will achieve above trend GDP growth two

1437
01:13:50,360 --> 01:13:52,559
Speaker 2: and a half percent, he reckons, and remember last year

1438
01:13:52,560 --> 01:13:55,880
Speaker 2: it was zero point four percent. Quite weak, bo. It's

1439
01:13:55,880 --> 01:13:58,760
Speaker 2: still going in the right direction, but quite weak. He

1440
01:13:58,840 --> 01:14:01,240
Speaker 2: has a warning though, for POL petitions this election year.

1441
01:14:01,280 --> 01:14:03,400
Speaker 2: Paul Bloxham joined us after six thirty.

1442
01:14:04,800 --> 01:14:07,880
Speaker 3: The Rural Report on hither do for see Allen.

1443
01:14:07,720 --> 01:14:10,200
Speaker 2: Drive Now the milk powder price something we watched closely.

1444
01:14:10,200 --> 01:14:13,360
Speaker 2: There's a dairy auction tonight, and we know the last

1445
01:14:13,520 --> 01:14:16,800
Speaker 2: nine ouctions of twenty twenty five they went backwards. We've

1446
01:14:16,840 --> 01:14:20,000
Speaker 2: had one increase since then, will we get another. Jamie

1447
01:14:20,040 --> 01:14:22,439
Speaker 2: McKay hosted the Country with us tonight, Jamie Good Evening

1448
01:14:23,280 --> 01:14:23,599
Speaker 2: O Goday.

1449
01:14:23,680 --> 01:14:25,559
Speaker 26: Ryan, Hey, just before we get onto that, a bit

1450
01:14:25,600 --> 01:14:28,879
Speaker 26: of a shout out to the farmers, especially in Northland.

1451
01:14:28,920 --> 01:14:31,160
Speaker 26: I've been hammered and they're going to get hammered again

1452
01:14:31,200 --> 01:14:33,240
Speaker 26: tomorrow and some of that rain's going to spread to

1453
01:14:33,920 --> 01:14:37,160
Speaker 26: eastern parts of the of the rest of the North Island.

1454
01:14:37,200 --> 01:14:41,479
Speaker 26: So our thoughts are with you, okay. So interestingly, yeah,

1455
01:14:41,680 --> 01:14:44,479
Speaker 26: like nine in a row, and then we had this

1456
01:14:44,640 --> 01:14:48,080
Speaker 26: massive bounce back six point three percent in the index,

1457
01:14:48,200 --> 01:14:51,599
Speaker 26: seven point two percent for whole milk powder. Is it

1458
01:14:51,640 --> 01:14:55,439
Speaker 26: a dead cat bounce or is it a correction? I

1459
01:14:55,479 --> 01:14:57,280
Speaker 26: guess tonight will tell.

1460
01:14:57,520 --> 01:14:57,680
Speaker 14: Now.

1461
01:14:57,720 --> 01:15:01,920
Speaker 26: The futures market earlier this afternoon was expecting a small

1462
01:15:02,000 --> 01:15:04,200
Speaker 26: rise about one and a half percent for whole milk

1463
01:15:04,200 --> 01:15:07,280
Speaker 26: powder and two point three percent for skim milk powder.

1464
01:15:07,280 --> 01:15:09,080
Speaker 26: I don't know how they figure all that out, Ryan,

1465
01:15:09,120 --> 01:15:11,920
Speaker 26: but those were the numbers given to me. However, at

1466
01:15:11,920 --> 01:15:15,960
Speaker 26: five o'clock this afternoon, we got the milk production numbers

1467
01:15:16,000 --> 01:15:20,360
Speaker 26: in for December. They're up three point one percent. Farmers

1468
01:15:20,439 --> 01:15:23,920
Speaker 26: are growing lots of grass around the country, no real

1469
01:15:24,000 --> 01:15:26,679
Speaker 26: droughts on at the moment with this sort of weather.

1470
01:15:27,040 --> 01:15:30,800
Speaker 26: And also they've been encouraged to add supplements into the

1471
01:15:30,840 --> 01:15:33,519
Speaker 26: diet produce a bit more milk, so that might send

1472
01:15:33,520 --> 01:15:35,639
Speaker 26: a signal to the buyers that there's plenty of milk

1473
01:15:35,680 --> 01:15:39,040
Speaker 26: coming out of New Zealand. We will wait and see

1474
01:15:39,080 --> 01:15:40,600
Speaker 26: on that one, but I put it to you that

1475
01:15:40,680 --> 01:15:43,560
Speaker 26: even as steady as she goes result tonight would be

1476
01:15:43,600 --> 01:15:44,160
Speaker 26: a good one.

1477
01:15:44,360 --> 01:15:46,360
Speaker 2: Yeah, one hundred percent. The last thing we want is

1478
01:15:46,439 --> 01:15:50,439
Speaker 2: more collapse. Now, do you want to have a look

1479
01:15:50,479 --> 01:15:52,240
Speaker 2: at the into the crystal ball for us, for the

1480
01:15:52,320 --> 01:15:54,000
Speaker 2: rural sector more generally.

1481
01:15:54,840 --> 01:15:58,439
Speaker 26: Well, why not, Ryan, you're reading my mind talking about

1482
01:15:58,439 --> 01:16:02,759
Speaker 26: crystal balls. Start with dairy. That's the biggest act in town.

1483
01:16:03,400 --> 01:16:05,240
Speaker 26: It's got Look, I don't have a doubt that it's

1484
01:16:05,320 --> 01:16:09,640
Speaker 26: got a great future. Although it is it's not surprising,

1485
01:16:09,680 --> 01:16:11,760
Speaker 26: but the ease at which other countries were able to

1486
01:16:11,800 --> 01:16:14,799
Speaker 26: turn on the tap in response to these high global

1487
01:16:14,840 --> 01:16:17,599
Speaker 26: prices we've had in the past season has yet another

1488
01:16:17,680 --> 01:16:22,679
Speaker 26: salient reminder of the cyclical nature of commodities. So dairy yep,

1489
01:16:22,960 --> 01:16:25,519
Speaker 26: it's calling. It's jets awe but at the moment, but

1490
01:16:25,920 --> 01:16:31,880
Speaker 26: good future. It's not so easy for competing nations to

1491
01:16:31,960 --> 01:16:34,800
Speaker 26: turn on the tap when it comes to beef and

1492
01:16:34,880 --> 01:16:37,320
Speaker 26: sheep meat production. You know, we've had drought in the

1493
01:16:37,439 --> 01:16:41,320
Speaker 26: US and Australia. The resultant rebuilding of the herds and

1494
01:16:41,400 --> 01:16:45,800
Speaker 26: the flocks has limited the number available for slaughter. We've

1495
01:16:45,840 --> 01:16:49,439
Speaker 26: had disease outbreaks in South America. So I say good

1496
01:16:49,479 --> 01:16:52,040
Speaker 26: on the sheep and beef farmers, Ryan. For too long

1497
01:16:52,080 --> 01:16:54,920
Speaker 26: they've been the poor relation of the dairy farmers. And

1498
01:16:54,960 --> 01:16:57,880
Speaker 26: I hope, and I'm hoping like hell, the renaissance of

1499
01:16:57,960 --> 01:17:02,240
Speaker 26: pastoral farming for red meat production will halt the ecological

1500
01:17:02,280 --> 01:17:06,479
Speaker 26: disaster that has been the planting of monoculture pines on

1501
01:17:06,600 --> 01:17:10,240
Speaker 26: highly productive pastoral land and shock horor in some cases

1502
01:17:10,280 --> 01:17:13,679
Speaker 26: arable land. Now I'll move to forestry, our fourth biggest

1503
01:17:13,800 --> 01:17:17,160
Speaker 26: export earner. I reckon the world's a washed with trees,

1504
01:17:17,160 --> 01:17:19,040
Speaker 26: and I'm a wee bit worried about the future for

1505
01:17:19,040 --> 01:17:24,000
Speaker 26: forestry and especially the future for sending unprocessed logs on

1506
01:17:24,040 --> 01:17:27,919
Speaker 26: a slow boat to China, will the cost outweigh the benefit.

1507
01:17:28,040 --> 01:17:33,320
Speaker 26: This is high volume, lower value. We're sending them over

1508
01:17:33,320 --> 01:17:36,120
Speaker 26: there to be boxing for building sites as surely a

1509
01:17:36,200 --> 01:17:38,759
Speaker 26: rich irony in the fact that we're planting pine trees

1510
01:17:38,800 --> 01:17:42,400
Speaker 26: for sequestration carbon farming. If you want, when we have

1511
01:17:42,560 --> 01:17:45,920
Speaker 26: such a high carbon footprint, if we chop them down

1512
01:17:46,240 --> 01:17:49,320
Speaker 26: and export them. But Ryan, I'll finish on this very

1513
01:17:49,360 --> 01:17:51,960
Speaker 26: positive note. If I gaze into my crystal wall for

1514
01:17:52,080 --> 01:17:55,519
Speaker 26: twenty to fifty a quarter of a century from here,

1515
01:17:55,840 --> 01:17:58,480
Speaker 26: I think the star of the stable will be horticulture,

1516
01:17:58,520 --> 01:18:02,599
Speaker 26: more particularly key we thru it's a nutritional super food.

1517
01:18:03,160 --> 01:18:05,840
Speaker 26: It's ready packed for export. You don't have to wrap

1518
01:18:05,840 --> 01:18:08,240
Speaker 26: anything around it. It's got a skin. And in a

1519
01:18:08,280 --> 01:18:11,240
Speaker 26: world wanting to eat healthy, burgeoning middle class and the

1520
01:18:11,360 --> 01:18:13,320
Speaker 26: likes of India where we've got a free trade deal,

1521
01:18:13,720 --> 01:18:17,080
Speaker 26: kiwi fruit is ideally poised. And the other thing to

1522
01:18:17,360 --> 01:18:19,840
Speaker 26: think of when you think of kiwi fruit as no

1523
01:18:19,960 --> 01:18:23,800
Speaker 26: animal must make the ultimate sacrifice when you eat kiwi fruit.

1524
01:18:23,840 --> 01:18:25,120
Speaker 26: There's my thoughts, Ryan.

1525
01:18:25,240 --> 01:18:27,360
Speaker 2: Do you are you skin on or skin off? Because

1526
01:18:27,360 --> 01:18:30,120
Speaker 2: someone told me that you should with kiwi fruit, always

1527
01:18:30,160 --> 01:18:32,160
Speaker 2: eat the skin, that's where most of the nutrients, says.

1528
01:18:32,160 --> 01:18:33,240
Speaker 2: I don't know if that's true or not.

1529
01:18:34,240 --> 01:18:38,240
Speaker 26: I'm skin off on that one. Although I used to

1530
01:18:38,240 --> 01:18:41,160
Speaker 26: love kiwi fruit green, now I've progressed to kiwi fruit

1531
01:18:41,200 --> 01:18:43,960
Speaker 26: gold and I can't go back to green. But apparently,

1532
01:18:44,400 --> 01:18:46,519
Speaker 26: and the host tells me this, and he is the

1533
01:18:46,600 --> 01:18:50,360
Speaker 26: dying of all health matters, that green kiwi fruit's better

1534
01:18:50,360 --> 01:18:53,400
Speaker 26: for you than gold. The gold tastes better, and the

1535
01:18:53,439 --> 01:18:56,000
Speaker 26: Asians love the red. And as long as we don't

1536
01:18:56,000 --> 01:18:59,760
Speaker 26: get these terrible, terrible weather events, fingers crossed for the

1537
01:18:59,760 --> 01:19:02,559
Speaker 26: North Island in the next couple of days. Look, I

1538
01:19:02,600 --> 01:19:05,759
Speaker 26: reckon kiwi for it's a superfood that's got a super future.

1539
01:19:05,840 --> 01:19:08,320
Speaker 2: Okay, great, you're right here. If there was anyone was

1540
01:19:08,360 --> 01:19:09,920
Speaker 2: going to know which of them you should eat for

1541
01:19:09,960 --> 01:19:12,840
Speaker 2: health benefits, it would be it would be Hosking. Appreciate that,

1542
01:19:12,880 --> 01:19:14,960
Speaker 2: Thank you very much. That is Jamie McKay, Host of

1543
01:19:14,960 --> 01:19:16,280
Speaker 2: the Country. Twenty one minutes.

1544
01:19:16,000 --> 01:19:18,759
Speaker 3: After six Bryan Bridge Friday.

1545
01:19:18,800 --> 01:19:21,599
Speaker 2: We're getting December quarter a CPI updates, so you know

1546
01:19:21,680 --> 01:19:24,640
Speaker 2: that we had last year the September quarter it was

1547
01:19:24,800 --> 01:19:28,280
Speaker 2: three percent. June was two point seven. So we ticked up.

1548
01:19:28,640 --> 01:19:30,840
Speaker 2: Are we going to tick up again or even hold

1549
01:19:30,840 --> 01:19:33,679
Speaker 2: at three percent? That wouldn't be great because Arna Bremen,

1550
01:19:33,800 --> 01:19:36,479
Speaker 2: the Swedish new Swedish head of the Reserve Bank of

1551
01:19:36,520 --> 01:19:40,519
Speaker 2: New Zealand, she's making her call next month first call

1552
01:19:41,000 --> 01:19:43,040
Speaker 2: on the well, I mean not just to her but

1553
01:19:43,080 --> 01:19:47,639
Speaker 2: also the board on the OCR. So wouldn't be great

1554
01:19:47,680 --> 01:19:50,040
Speaker 2: if we were at three percent. If we were higher,

1555
01:19:50,080 --> 01:19:53,679
Speaker 2: it would be probably terrible because she has said quite

1556
01:19:53,760 --> 01:19:58,799
Speaker 2: openly the focus is on and solely on inflation. Twenty

1557
01:19:58,800 --> 01:20:00,760
Speaker 2: two after six show next.

1558
01:20:01,200 --> 01:20:04,400
Speaker 1: Efforts to do with money It matters to you? The

1559
01:20:04,640 --> 01:20:09,719
Speaker 1: Business Hour with Ryan Bridge and Mass Insurance and investments.

1560
01:20:09,280 --> 01:20:12,599
Speaker 3: Your futures in good hands used talk ZBB.

1561
01:20:12,640 --> 01:20:15,000
Speaker 2: Six twenty five on zb You know yesterday we were

1562
01:20:15,000 --> 01:20:17,800
Speaker 2: talking about chocolate and the fact that coca beans are

1563
01:20:17,840 --> 01:20:20,799
Speaker 2: so expensive now is very hard to come by, and

1564
01:20:20,880 --> 01:20:25,240
Speaker 2: therefore they're using substitutes for chocolate, and we talked about

1565
01:20:25,479 --> 01:20:30,280
Speaker 2: food likes or chocolate like substances. Today's reading this interesting

1566
01:20:30,320 --> 01:20:34,240
Speaker 2: article about food like substances. In general. We are eating

1567
01:20:34,320 --> 01:20:36,400
Speaker 2: more and more of them. In fact, in America they

1568
01:20:36,439 --> 01:20:38,799
Speaker 2: reckon half you die is not actually food it's food

1569
01:20:39,000 --> 01:20:41,280
Speaker 2: like substances. It's just stuff that they've made up to

1570
01:20:41,320 --> 01:20:43,960
Speaker 2: be like food when it's not, or it's ultra process

1571
01:20:44,040 --> 01:20:46,760
Speaker 2: to the point where it's hardly recognizable. You know, to

1572
01:20:46,880 --> 01:20:48,479
Speaker 2: keep it on the shelf, to give it the shelf life.

1573
01:20:48,520 --> 01:20:51,040
Speaker 2: They pump it full of lots of crap. There's a

1574
01:20:51,080 --> 01:20:54,680
Speaker 2: guy called Dr. Mark Hyman, and he said, I just

1575
01:20:54,680 --> 01:20:57,439
Speaker 2: thought this was an interesting way to look at it.

1576
01:20:57,520 --> 01:21:00,439
Speaker 2: He said, it's it's not like medicine food. This is

1577
01:21:00,520 --> 01:21:05,000
Speaker 2: whole food. It's not like medicine. It is medicine, pointing

1578
01:21:05,000 --> 01:21:10,120
Speaker 2: out that thousands of bioactive compounds and plants influence inflammation, detoxification,

1579
01:21:10,280 --> 01:21:13,439
Speaker 2: and disease risk. Everything you put in your body, he says,

1580
01:21:13,640 --> 01:21:16,559
Speaker 2: is a drug that's going to help you or harm you.

1581
01:21:17,479 --> 01:21:21,680
Speaker 2: Food functions as medicine because what you eat actively influences

1582
01:21:21,720 --> 01:21:26,240
Speaker 2: that inflammation, metabolism, your overall health. And it's not just

1583
01:21:26,320 --> 01:21:29,000
Speaker 2: him saying this, it's healthy experts everywhere. And I think

1584
01:21:29,040 --> 01:21:32,720
Speaker 2: we do forget that whatever you're eating, you know what

1585
01:21:33,000 --> 01:21:36,240
Speaker 2: you are what you eat basically, and if you're eating crap,

1586
01:21:36,560 --> 01:21:38,360
Speaker 2: well you'll look like crap too, won't you.

1587
01:21:39,200 --> 01:21:42,000
Speaker 3: There's no business like show business.

1588
01:21:46,680 --> 01:21:48,479
Speaker 2: Yeah, you know a Netflix show is about to start

1589
01:21:48,479 --> 01:21:51,160
Speaker 2: because you know that sound. Have you been watching Netflix

1590
01:21:51,160 --> 01:21:53,840
Speaker 2: and thought, why are they explaining the plot to me

1591
01:21:54,000 --> 01:21:57,200
Speaker 2: like I'm a five year old? Well, it's not bad writing.

1592
01:21:57,280 --> 01:22:01,479
Speaker 2: Turns out this is actually mandated by the studio. For years,

1593
01:22:01,600 --> 01:22:04,360
Speaker 2: you would have heard these rumors that Netflix makes writers

1594
01:22:05,120 --> 01:22:08,800
Speaker 2: craft their dialogue in a way that viewers who are

1595
01:22:08,800 --> 01:22:11,960
Speaker 2: scrolling on their phones instead of actually watching the show

1596
01:22:12,040 --> 01:22:14,960
Speaker 2: can still understand what's going on At Terrible of Us.

1597
01:22:15,400 --> 01:22:18,040
Speaker 2: Until now this was all just a rumor. But Matt

1598
01:22:18,120 --> 01:22:21,000
Speaker 2: Damon and Ben Affleck they've got a new film out.

1599
01:22:21,360 --> 01:22:25,080
Speaker 2: They've confirmed it, promoting the Netflix action movie on the

1600
01:22:25,120 --> 01:22:29,160
Speaker 2: Joe Rogan Experience. They revealed that some of the sneaky

1601
01:22:29,200 --> 01:22:31,640
Speaker 2: tricks that Netflix is using to keep us glued to

1602
01:22:31,720 --> 01:22:36,480
Speaker 2: our screens. Damon says, the company requests that plot details

1603
01:22:36,560 --> 01:22:41,400
Speaker 2: get repeated four or five times for half paying attention audiences,

1604
01:22:41,400 --> 01:22:44,360
Speaker 2: and even action sequences now have changed to adjust to

1605
01:22:44,400 --> 01:22:44,919
Speaker 2: the formula.

1606
01:22:45,280 --> 01:22:47,760
Speaker 27: You usually have like three set pieces, one in the

1607
01:22:47,760 --> 01:22:49,599
Speaker 27: first act, one on the second one, and the third

1608
01:22:49,640 --> 01:22:52,200
Speaker 27: and now they're like, can we get a big one

1609
01:22:52,240 --> 01:22:54,240
Speaker 27: in the first five minutes to get somebody. You know,

1610
01:22:54,280 --> 01:22:57,439
Speaker 27: we want people to stay yeah, tuned in and ken

1611
01:22:57,920 --> 01:23:00,960
Speaker 27: and you know, it wouldn't be terrible if you reiterated

1612
01:23:01,000 --> 01:23:03,559
Speaker 27: the plant three or four times in the dialogue because

1613
01:23:03,720 --> 01:23:06,200
Speaker 27: people are on their phones while they're you know what

1614
01:23:06,280 --> 01:23:06,559
Speaker 27: I mean.

1615
01:23:07,560 --> 01:23:10,400
Speaker 2: Yep, that's us. It seems that Netflix machine hasn't done

1616
01:23:10,439 --> 01:23:14,160
Speaker 2: too much damage though. The film which is called Rip,

1617
01:23:15,280 --> 01:23:17,439
Speaker 2: is on Netflix now. It's getting really good reviews. So

1618
01:23:17,479 --> 01:23:20,439
Speaker 2: if you're looking for something to do tonight while scrolling

1619
01:23:20,479 --> 01:23:23,240
Speaker 2: on Facebook or wherever you are listening to ZB, whatever

1620
01:23:23,240 --> 01:23:26,360
Speaker 2: you're doing, Rip sounds pretty good. Used TALKB we'll get

1621
01:23:26,400 --> 01:23:29,240
Speaker 2: to our rockstar economist after news and to the UK

1622
01:23:29,360 --> 01:23:30,280
Speaker 2: before top of the l.

1623
01:23:32,280 --> 01:23:34,080
Speaker 3: Oh, my goodness in with my.

1624
01:23:36,280 --> 01:23:40,160
Speaker 1: Crouching with numbers and getting the results. It's Ryan Bridge

1625
01:23:40,200 --> 01:23:43,600
Speaker 1: on the Business Hour with mass insurance and investments.

1626
01:23:43,720 --> 01:23:46,679
Speaker 3: Your futures in good hands. Used talk ZIB.

1627
01:23:47,400 --> 01:23:48,840
Speaker 17: We last.

1628
01:23:58,600 --> 01:24:00,599
Speaker 2: Pretty four away from seven News to so people get

1629
01:24:00,600 --> 01:24:02,320
Speaker 2: to end the Brady out of the UK before top

1630
01:24:02,360 --> 01:24:04,040
Speaker 2: of the R. We'll also get to Paul Block, some

1631
01:24:04,160 --> 01:24:06,680
Speaker 2: chief economists at HSBC in just a few seconds. Out

1632
01:24:06,680 --> 01:24:09,600
Speaker 2: of Australia. This is from Hamish because we were just

1633
01:24:09,640 --> 01:24:12,880
Speaker 2: talking about the new Netflix show from Matt Damon and

1634
01:24:12,960 --> 01:24:17,320
Speaker 2: Ben Afflick. The rip it's called how Much says It's okay?

1635
01:24:17,520 --> 01:24:20,559
Speaker 2: Watched it the other night. Gets an IMDb rating of

1636
01:24:20,640 --> 01:24:23,759
Speaker 2: six point nine, which is about right he reckons, Damon

1637
01:24:23,840 --> 01:24:25,880
Speaker 2: and Afflick carry it, although towards the end it gets

1638
01:24:25,880 --> 01:24:29,920
Speaker 2: a bit ott. What is it with shows going like

1639
01:24:30,080 --> 01:24:32,439
Speaker 2: no one knows when to call a time? And I

1640
01:24:32,439 --> 01:24:34,679
Speaker 2: guess that you become a victim of your own success

1641
01:24:34,720 --> 01:24:38,200
Speaker 2: because if a show rates, then the producers want more

1642
01:24:38,360 --> 01:24:41,599
Speaker 2: because it's rating and they can make money out of it.

1643
01:24:41,920 --> 01:24:44,720
Speaker 2: But then you end up with four seasons when it

1644
01:24:44,720 --> 01:24:47,240
Speaker 2: should have only been two or two and a half

1645
01:24:47,320 --> 01:24:51,240
Speaker 2: or three. So I think that that's a big problem

1646
01:24:51,240 --> 01:24:55,719
Speaker 2: that particularly Netflix has. I've been watching one called Tehran

1647
01:24:56,280 --> 01:25:02,080
Speaker 2: about it's an espionage one. It's about spies and it's

1648
01:25:02,120 --> 01:25:06,479
Speaker 2: about moss Ad in Tehran and Revolutionary Guard. It's quite good,

1649
01:25:07,000 --> 01:25:08,960
Speaker 2: but I am in a season and a half in

1650
01:25:09,840 --> 01:25:13,080
Speaker 2: and I've just realized that it's three maybe even four

1651
01:25:13,200 --> 01:25:15,840
Speaker 2: seas I think three seasons at this stage with one

1652
01:25:15,840 --> 01:25:19,400
Speaker 2: to be renewed three seasons long, and I'm like, how

1653
01:25:19,560 --> 01:25:22,240
Speaker 2: long can you drag this out? You know? But they do,

1654
01:25:22,479 --> 01:25:24,599
Speaker 2: they do, and obviously if people keep watching, they'll keep

1655
01:25:24,640 --> 01:25:26,559
Speaker 2: making money. It'll keep happening twenty three.

1656
01:25:26,360 --> 01:25:28,400
Speaker 3: To seven, Ray and Bridge.

1657
01:25:28,960 --> 01:25:32,320
Speaker 2: Never mind the old cautious talk about green shoots. Confidence

1658
01:25:32,479 --> 01:25:35,360
Speaker 2: is back in our economist predictions for the year ahead,

1659
01:25:35,360 --> 01:25:38,439
Speaker 2: which is a great thing. HSBC predicting above trend GDP

1660
01:25:38,600 --> 01:25:40,479
Speaker 2: growth two and a half percent this year. This is

1661
01:25:40,600 --> 01:25:43,400
Speaker 2: up from a very weak point four last year. There

1662
01:25:43,439 --> 01:25:45,760
Speaker 2: is a warning though an election year, politicians should be

1663
01:25:45,760 --> 01:25:49,240
Speaker 2: focusing on pro growth economic reform to lift productivity. Paul

1664
01:25:49,280 --> 01:25:52,519
Speaker 2: Bloxham is HSBC's chief economists with me now, Paul good evening,

1665
01:25:53,640 --> 01:25:58,400
Speaker 2: Good eight. Why are you so confident about our economic recovery? Well,

1666
01:25:58,400 --> 01:26:00,200
Speaker 2: I mean it's underway. We've seen the PMO, I was

1667
01:26:00,240 --> 01:26:04,200
Speaker 2: seeing the PSI. So the ingredients are there, that's right.

1668
01:26:04,479 --> 01:26:06,400
Speaker 28: Well, so you've got quite a few of the ingredients,

1669
01:26:06,439 --> 01:26:09,840
Speaker 28: I mean the ingredients. We think primarily that all interest

1670
01:26:09,920 --> 01:26:12,160
Speaker 28: rates have come down a long way, and so monetary

1671
01:26:12,160 --> 01:26:15,639
Speaker 28: conditions are quite loose and below neutral and mid blow

1672
01:26:15,720 --> 01:26:18,960
Speaker 28: neutral cash rates setting from the RBNZ and that should

1673
01:26:19,040 --> 01:26:21,080
Speaker 28: provide some support. I think it already is, and that's

1674
01:26:21,120 --> 01:26:24,599
Speaker 28: partly reflecting in the pmis and the consumer and business

1675
01:26:24,640 --> 01:26:28,000
Speaker 28: confidence consumer spendings picked up a bit, so that's part

1676
01:26:28,040 --> 01:26:29,519
Speaker 28: of it. And then the other part of the story

1677
01:26:29,680 --> 01:26:32,720
Speaker 28: is that well, dairy and meat prices have still been

1678
01:26:32,800 --> 01:26:34,880
Speaker 28: are still fairly high. Dury prices have come off their peaks,

1679
01:26:34,880 --> 01:26:37,240
Speaker 28: but they're still quite high relative to history. So we've

1680
01:26:37,240 --> 01:26:39,960
Speaker 28: seen quite a large boost of rural incomes. And the

1681
01:26:39,960 --> 01:26:42,320
Speaker 28: first step had been that the rural sector seemed to

1682
01:26:42,320 --> 01:26:44,040
Speaker 28: be using a lot of that to pay down debt,

1683
01:26:44,400 --> 01:26:46,479
Speaker 28: and it of course had more of a supporting effect

1684
01:26:46,520 --> 01:26:48,720
Speaker 28: in the South Island, but we think that this year

1685
01:26:48,720 --> 01:26:50,839
Speaker 28: we're going to start to see more of it spread

1686
01:26:50,840 --> 01:26:54,560
Speaker 28: through the broader economy. Is the farm sector booster income

1687
01:26:54,640 --> 01:26:56,840
Speaker 28: starts to spit through to other parts of the country

1688
01:26:56,840 --> 01:26:58,240
Speaker 28: as well, and that's typically how it works.

1689
01:26:58,240 --> 01:26:59,639
Speaker 13: It usually takes it's.

1690
01:26:59,640 --> 01:27:01,800
Speaker 28: Usually that lag might have been a bit longer this

1691
01:27:01,840 --> 01:27:04,280
Speaker 28: time around, but we think those two are the big

1692
01:27:04,320 --> 01:27:07,160
Speaker 28: forces that are likely to be driving the recovery that,

1693
01:27:07,200 --> 01:27:09,400
Speaker 28: as you say, is starting to show signs of arriving

1694
01:27:09,439 --> 01:27:10,639
Speaker 28: already and is.

1695
01:27:10,680 --> 01:27:13,400
Speaker 13: Likely to leave lift growth.

1696
01:27:13,600 --> 01:27:15,639
Speaker 28: And finally, I mean you've had a couple of years

1697
01:27:15,680 --> 01:27:19,080
Speaker 28: of really weak growth in New Zealand, you'd say almost

1698
01:27:19,080 --> 01:27:22,200
Speaker 28: three years actually of really weak conditions and finally you're

1699
01:27:22,200 --> 01:27:25,439
Speaker 28: starting to get an upswing in growth. In fact, you know,

1700
01:27:25,479 --> 01:27:27,080
Speaker 28: one of the other things to point out is that

1701
01:27:27,280 --> 01:27:28,840
Speaker 28: if you do get two and a half percent growth,

1702
01:27:28,880 --> 01:27:31,000
Speaker 28: which is our forecast, we're sort of the top edge

1703
01:27:31,000 --> 01:27:34,519
Speaker 28: of consensus, you'd be outpacing the growth across the Tasman.

1704
01:27:34,600 --> 01:27:36,080
Speaker 13: I don't think Australia is going to be able to

1705
01:27:36,080 --> 01:27:36,759
Speaker 13: grow that fast.

1706
01:27:36,760 --> 01:27:39,519
Speaker 28: In fact, I think Australia can't grow really much faster

1707
01:27:39,560 --> 01:27:41,280
Speaker 28: than it's growing already, which is just a bit over

1708
01:27:41,320 --> 01:27:44,920
Speaker 28: two percent. And so New Zealand might very well outperform

1709
01:27:45,560 --> 01:27:47,360
Speaker 28: Australia this particular this year.

1710
01:27:47,439 --> 01:27:50,080
Speaker 2: Yeah, it's about time too. We've got a lot of

1711
01:27:50,120 --> 01:27:52,600
Speaker 2: making up to do. Of course, Now what about the

1712
01:27:53,080 --> 01:27:58,040
Speaker 2: tea word you the tariffs and Trump because he's markets

1713
01:27:58,040 --> 01:28:01,000
Speaker 2: haven't reacted, you know, Greenland for example, strong tariffs around

1714
01:28:01,000 --> 01:28:03,280
Speaker 2: markets haven't reacted in the same way that they might

1715
01:28:03,320 --> 01:28:06,479
Speaker 2: have reacted twelve months ago. Have we kind of learned

1716
01:28:06,479 --> 01:28:09,320
Speaker 2: to listen from that and are we there for less

1717
01:28:09,360 --> 01:28:12,000
Speaker 2: concerned about a disruption on that front?

1718
01:28:13,280 --> 01:28:15,080
Speaker 28: Well, I think there's a lot in that and it's

1719
01:28:15,120 --> 01:28:17,120
Speaker 28: a big question I mean, I think if you look

1720
01:28:17,160 --> 01:28:21,519
Speaker 28: back over the past year, the experience last year that

1721
01:28:21,720 --> 01:28:24,120
Speaker 28: the tariff effect wasn't as large as was expected. That

1722
01:28:24,200 --> 01:28:26,840
Speaker 28: was partly because actually, in the end, the tariffs weren't

1723
01:28:26,880 --> 01:28:31,360
Speaker 28: as high. In the end, we also saw that, you know,

1724
01:28:32,400 --> 01:28:35,439
Speaker 28: the story, the story was still quite well supported by

1725
01:28:35,920 --> 01:28:38,640
Speaker 28: a lot of other factors like the AI expansion and

1726
01:28:38,680 --> 01:28:42,160
Speaker 28: the data center investment story, and that kept global trade

1727
01:28:42,320 --> 01:28:45,040
Speaker 28: holding up pretty well. Now we expect as we run

1728
01:28:45,080 --> 01:28:47,799
Speaker 28: through this year that that's going to be the primary,

1729
01:28:48,040 --> 01:28:50,760
Speaker 28: a key source of growth too. We're reasonably positive on

1730
01:28:50,920 --> 01:28:54,080
Speaker 28: global growth this year, but you have to keep in

1731
01:28:54,120 --> 01:28:57,000
Speaker 28: mind that it could play out differently. It depends on

1732
01:28:57,200 --> 01:29:00,400
Speaker 28: what happens with the tariffs. It depends on how these

1733
01:29:00,439 --> 01:29:03,960
Speaker 28: geopolitical developments we're watching right now do play out. Markets,

1734
01:29:04,000 --> 01:29:06,719
Speaker 28: as you say, have responded so far with a sense

1735
01:29:06,760 --> 01:29:09,679
Speaker 28: that you know, things won't you know, things are still okay,

1736
01:29:10,439 --> 01:29:13,400
Speaker 28: and then the markets have discounted.

1737
01:29:12,800 --> 01:29:14,479
Speaker 13: All a lot of the bad news.

1738
01:29:14,479 --> 01:29:16,439
Speaker 28: But it's you know, there's still a risk there that

1739
01:29:16,439 --> 01:29:17,639
Speaker 28: we need to watch quite carefully.

1740
01:29:18,240 --> 01:29:20,240
Speaker 2: When do we start feeling it. This is the big

1741
01:29:20,280 --> 01:29:23,240
Speaker 2: political Christian heading into an election year. You know, it's

1742
01:29:23,240 --> 01:29:25,519
Speaker 2: one thing to talk about it when do people feel it.

1743
01:29:27,040 --> 01:29:28,400
Speaker 28: I think one of the big things will be the

1744
01:29:28,439 --> 01:29:32,360
Speaker 28: labor market turning around, and so the pick up in confidence,

1745
01:29:32,400 --> 01:29:34,800
Speaker 28: the improvement and conditions, the fact that business, the business

1746
01:29:34,800 --> 01:29:37,000
Speaker 28: sector is starting to look better and the consumers are

1747
01:29:37,000 --> 01:29:39,080
Speaker 28: starting to spend a bit more. When that actually starts

1748
01:29:39,120 --> 01:29:42,639
Speaker 28: to feed through to firms starting to do more hiring

1749
01:29:43,040 --> 01:29:45,679
Speaker 28: and the labor markets starting to improve, and that then

1750
01:29:45,960 --> 01:29:48,160
Speaker 28: creating enough jobs that it starts to put down with pressure,

1751
01:29:48,400 --> 01:29:50,559
Speaker 28: we get to start to see the unemployment rate coming down.

1752
01:29:51,400 --> 01:29:54,120
Speaker 28: That also might start to see fewer people leaving and

1753
01:29:54,160 --> 01:29:56,519
Speaker 28: more people coming back from Australia as well, which has

1754
01:29:56,560 --> 01:29:58,240
Speaker 28: been a feature of the story over the past couple

1755
01:29:58,280 --> 01:30:00,920
Speaker 28: of years. But I think the two the turning in

1756
01:30:00,960 --> 01:30:02,760
Speaker 28: the labor market is going to be one of the

1757
01:30:02,840 --> 01:30:04,679
Speaker 28: main things that's going to make it start to feel

1758
01:30:04,720 --> 01:30:06,880
Speaker 28: a bit better. I think another thing to point to

1759
01:30:06,960 --> 01:30:10,800
Speaker 28: would be when we start to see the housing market improve.

1760
01:30:10,600 --> 01:30:11,040
Speaker 4: A bit more.

1761
01:30:11,240 --> 01:30:13,880
Speaker 28: You know, New Zealand's had a very weak housing market

1762
01:30:13,920 --> 01:30:16,200
Speaker 28: for the past couple of years, but I think once

1763
01:30:16,240 --> 01:30:19,559
Speaker 28: the labor market turns, that will also support some a

1764
01:30:19,560 --> 01:30:21,720
Speaker 28: bit of an upswing in the housing market, that combination

1765
01:30:22,080 --> 01:30:25,200
Speaker 28: will get things going and we're expecting that to play

1766
01:30:25,240 --> 01:30:25,880
Speaker 28: out through the year.

1767
01:30:26,080 --> 01:30:28,960
Speaker 2: When you say the Australian economy can't grow or sort

1768
01:30:29,000 --> 01:30:32,240
Speaker 2: of tapping out it too percent, what's holding it back.

1769
01:30:33,120 --> 01:30:36,800
Speaker 13: Well, it's already operating it near its capacity, I mean.

1770
01:30:36,960 --> 01:30:39,400
Speaker 28: And so a part of that story is that we

1771
01:30:39,439 --> 01:30:43,200
Speaker 28: didn't have as big an economic downturn after the pandemic.

1772
01:30:43,320 --> 01:30:44,559
Speaker 13: So if you think back.

1773
01:30:44,520 --> 01:30:48,320
Speaker 28: To the story, inflation surged after the pandemic and central

1774
01:30:48,320 --> 01:30:51,120
Speaker 28: banks lifted interest rates to slow their economies down, and

1775
01:30:51,160 --> 01:30:52,400
Speaker 28: in New Zealand's case.

1776
01:30:52,520 --> 01:30:53,720
Speaker 13: The economy slowed down a lot.

1777
01:30:53,800 --> 01:30:56,120
Speaker 28: You barely had any growth for two and a half years,

1778
01:30:56,400 --> 01:30:58,680
Speaker 28: and that's been left you with a lot of spare capacity.

1779
01:30:59,000 --> 01:31:00,720
Speaker 28: So that now that you're in an economic ups when

1780
01:31:00,760 --> 01:31:03,040
Speaker 28: you've got capacity to draw back in and get the

1781
01:31:03,080 --> 01:31:06,200
Speaker 28: economy going and grow a bit faster. In Australia's case,

1782
01:31:06,240 --> 01:31:09,559
Speaker 28: the RBA didn't lift interest rates as much, the economy

1783
01:31:09,560 --> 01:31:11,920
Speaker 28: didn't slow as much, and as a result of that,

1784
01:31:12,000 --> 01:31:14,679
Speaker 28: even a bit of an upswinging growth which we saw

1785
01:31:14,720 --> 01:31:17,719
Speaker 28: through last year has been enough to absorb that spare

1786
01:31:17,800 --> 01:31:21,200
Speaker 28: capacity and get us back to operating at full capacity.

1787
01:31:21,240 --> 01:31:25,280
Speaker 28: We're operating at full employment, so the economy doesn't seem

1788
01:31:25,320 --> 01:31:27,360
Speaker 28: to be able to grow any faster than this sort

1789
01:31:27,400 --> 01:31:29,400
Speaker 28: of two percent rate that we're running out at the moment.

1790
01:31:29,760 --> 01:31:31,320
Speaker 28: And what that's going to mean, I think, you know,

1791
01:31:31,680 --> 01:31:33,880
Speaker 28: at least our Australian view is that the RBA will

1792
01:31:33,920 --> 01:31:36,760
Speaker 28: probably have to start lifting interest rates this year to

1793
01:31:36,880 --> 01:31:40,080
Speaker 28: lean into it, because we are already operating at our capacity.

1794
01:31:40,080 --> 01:31:42,559
Speaker 28: But what it also means is that that run rate,

1795
01:31:42,720 --> 01:31:45,160
Speaker 28: that potential growth rate we're seeing, the two percent, is

1796
01:31:45,200 --> 01:31:47,760
Speaker 28: not particularly impressive. We need to focus a lot more

1797
01:31:47,800 --> 01:31:50,960
Speaker 28: on doing reform to lift productivity and allow us to

1798
01:31:51,000 --> 01:31:52,880
Speaker 28: be able to maybe grow a bit faster and lift

1799
01:31:52,880 --> 01:31:53,479
Speaker 28: living standards.

1800
01:31:53,520 --> 01:31:53,680
Speaker 3: More.

1801
01:31:53,800 --> 01:31:57,519
Speaker 2: Productivity obviously a big, well bigger problem for us than

1802
01:31:57,560 --> 01:32:00,840
Speaker 2: it is for you though, right given the state of

1803
01:32:00,880 --> 01:32:05,920
Speaker 2: our of our wages, you know, still tracking thirty forty

1804
01:32:05,960 --> 01:32:09,600
Speaker 2: percent behind Australia. What you know, when it comes to

1805
01:32:09,640 --> 01:32:13,240
Speaker 2: politics election year, what should they be saying to us

1806
01:32:13,800 --> 01:32:15,080
Speaker 2: to actually fix that?

1807
01:32:16,600 --> 01:32:19,320
Speaker 28: Well, I think productivity, you've got to think about levels

1808
01:32:19,360 --> 01:32:21,240
Speaker 28: and changes. And I know this is getting into a

1809
01:32:21,240 --> 01:32:23,800
Speaker 28: lot of detail, but yes, the level of productivity in

1810
01:32:23,840 --> 01:32:27,400
Speaker 28: New Zealand is lower than Australia's that's true, but both

1811
01:32:27,439 --> 01:32:30,960
Speaker 28: countries have had really quite sluggish growth in productivity. Australia's

1812
01:32:30,960 --> 01:32:34,240
Speaker 28: productivity growth has stalled in recent years. So you know,

1813
01:32:34,400 --> 01:32:37,960
Speaker 28: to that point, both countries need to focus on reform

1814
01:32:38,000 --> 01:32:41,879
Speaker 28: agendas pro growth reform agendas that will help to support growth.

1815
01:32:42,160 --> 01:32:45,200
Speaker 28: And you know, a part of that is a continued

1816
01:32:45,240 --> 01:32:47,800
Speaker 28: focus on improving the tax system in both countries, in

1817
01:32:47,800 --> 01:32:51,000
Speaker 28: Australia and New Zealand, and a lot of the story

1818
01:32:51,080 --> 01:32:54,200
Speaker 28: is also to focus on trying to get investment in

1819
01:32:54,280 --> 01:32:57,040
Speaker 28: areas where exports can grow more, where we can sell

1820
01:32:57,080 --> 01:33:00,400
Speaker 28: more into the global into the global economy. In Australia case,

1821
01:33:00,760 --> 01:33:05,960
Speaker 28: attracting more investment into critical minerals and potentially services exports

1822
01:33:06,000 --> 01:33:09,160
Speaker 28: and those areas in New Zealand's case obviously supporting the

1823
01:33:09,160 --> 01:33:14,120
Speaker 28: ongoing dairy meat agricultural farming story, but also other areas

1824
01:33:14,160 --> 01:33:17,360
Speaker 28: like technology we're seeing you know, we're seeing more investment

1825
01:33:17,439 --> 01:33:20,800
Speaker 28: in technology and AI and so on, and those sorts

1826
01:33:20,800 --> 01:33:23,519
Speaker 28: of exports are I think an increasing area where both

1827
01:33:23,520 --> 01:33:25,880
Speaker 28: countries have some opportunities if we can grasp them.

1828
01:33:26,040 --> 01:33:28,160
Speaker 2: Paul, always good to chat, appreciate your time, Paul. Blocks

1829
01:33:28,160 --> 01:33:31,240
Speaker 2: some Chief Economist HSBC. It's quarter to seven News Talk

1830
01:33:31,280 --> 01:33:33,080
Speaker 2: c B into Brady out of the UK next.

1831
01:33:33,680 --> 01:33:37,320
Speaker 1: Whether it's macro micro or just plain economics, it's all

1832
01:33:37,479 --> 01:33:41,480
Speaker 1: on the Business Hour with Ryan Bridge and Mass Insurance

1833
01:33:41,560 --> 01:33:42,400
Speaker 1: and investments.

1834
01:33:42,560 --> 01:33:45,679
Speaker 3: Your futures in good hands. News Talk ZIBB.

1835
01:33:46,320 --> 01:33:49,280
Speaker 2: Twelve away from seven. You're on News Talk cib and

1836
01:33:49,400 --> 01:33:52,360
Speaker 2: you're reacting to Trump and his threats on Greenlands. Star

1837
01:33:52,439 --> 01:33:54,880
Speaker 2: has spoken once. He said it's asking the Brady UK

1838
01:33:54,920 --> 01:33:56,080
Speaker 2: correspondent in the Good Evening.

1839
01:33:57,360 --> 01:34:00,639
Speaker 18: Hey, Ryan, he's kind of sitting on the fence, Rey Starmer.

1840
01:34:00,680 --> 01:34:04,439
Speaker 18: He's not being hugely critical of Trump. Look, Starmer's in

1841
01:34:04,479 --> 01:34:08,200
Speaker 18: a very awkward position here because more than anyone in Europe,

1842
01:34:08,280 --> 01:34:10,040
Speaker 18: he has gone out of his way to try and

1843
01:34:10,080 --> 01:34:12,760
Speaker 18: be friends with Trump and Trump's America and trying to

1844
01:34:12,800 --> 01:34:16,479
Speaker 18: stay on side, give them that unprecedented second state visit

1845
01:34:16,600 --> 01:34:20,559
Speaker 18: in September of last year. So I think privately he'll

1846
01:34:20,600 --> 01:34:23,360
Speaker 18: be very very angry that Trump is doing this, or

1847
01:34:23,360 --> 01:34:25,519
Speaker 18: certainly seems to be very keen to be pushing on

1848
01:34:25,600 --> 01:34:32,000
Speaker 18: and taking Greenland. European reaction. People are shocked. People are

1849
01:34:32,040 --> 01:34:35,640
Speaker 18: trying to come up with alternatives, and there is a

1850
01:34:35,640 --> 01:34:38,400
Speaker 18: lot of feeling in Europe that it's time to use

1851
01:34:38,479 --> 01:34:42,080
Speaker 18: what they call the trade bazooka. This is the anti

1852
01:34:42,120 --> 01:34:45,680
Speaker 18: coercial instrument ACI that the European Union came up with

1853
01:34:45,760 --> 01:34:49,439
Speaker 18: three years ago and has never used. It's basically a

1854
01:34:49,520 --> 01:34:54,360
Speaker 18: series of tariffs for any non EU country that blackmails

1855
01:34:54,360 --> 01:34:58,840
Speaker 18: the European Union with trade tariffs. So there's a push

1856
01:34:58,880 --> 01:35:01,440
Speaker 18: in Europe to do that. Hit him back with tariff's

1857
01:35:01,840 --> 01:35:04,280
Speaker 18: Starmer's trying to be the reasonable one, just say, look,

1858
01:35:04,320 --> 01:35:06,360
Speaker 18: let's all work together and come to a compromise.

1859
01:35:07,320 --> 01:35:11,920
Speaker 2: In so Georgia, Maloney's saying the Trump whisperer, she's on

1860
01:35:12,000 --> 01:35:14,840
Speaker 2: his side too, isn't she. Hey, what about Harry in

1861
01:35:14,920 --> 01:35:16,960
Speaker 2: court this case against the Daily Mail.

1862
01:35:18,240 --> 01:35:21,400
Speaker 18: Yes, so he's back in England for the week today

1863
01:35:21,600 --> 01:35:24,439
Speaker 18: later today will be day two of this hearing at

1864
01:35:24,439 --> 01:35:26,960
Speaker 18: the High Court, and it is Harry and a group

1865
01:35:27,000 --> 01:35:30,559
Speaker 18: of celebrities including Elton John who Harry has known obviously

1866
01:35:30,560 --> 01:35:33,519
Speaker 18: all his life because of Elton's friendship with Diana, his mother.

1867
01:35:34,720 --> 01:35:36,519
Speaker 18: Who else is in that list as well? You've got

1868
01:35:36,520 --> 01:35:39,759
Speaker 18: Sadie Frost who's an actress, Liz Hurley, the model and actress.

1869
01:35:40,479 --> 01:35:43,479
Speaker 18: This group of celebrities, including Harry, all feel that the

1870
01:35:43,479 --> 01:35:46,240
Speaker 18: publishers of The Daily Mail and Mail on Sunday have

1871
01:35:46,520 --> 01:35:50,040
Speaker 18: acted illegally in their news gathering activities over the years

1872
01:35:50,080 --> 01:35:54,000
Speaker 18: in relation to stories about them. Now, Harry's lawyer spoke

1873
01:35:54,080 --> 01:35:57,120
Speaker 18: yesterday in court. Harry was there, Elton John was watching

1874
01:35:57,160 --> 01:36:01,080
Speaker 18: online alongside his husband David Furnish, who's also included in

1875
01:36:01,120 --> 01:36:05,200
Speaker 18: the class action. Harry's lawyer said that the stories about

1876
01:36:05,240 --> 01:36:08,519
Speaker 18: him got so bad and so personal that Harry was

1877
01:36:08,560 --> 01:36:12,120
Speaker 18: completely paranoid about everyone in his life. If he did something,

1878
01:36:12,200 --> 01:36:14,519
Speaker 18: it would be in the papers the next day. And

1879
01:36:14,600 --> 01:36:17,920
Speaker 18: of course the allegation is that the newspaper and their

1880
01:36:18,040 --> 01:36:21,839
Speaker 18: private investigators and journalists were hacking into people's mobile phones,

1881
01:36:21,880 --> 01:36:25,559
Speaker 18: listening to messages, getting stories that way, and you using

1882
01:36:25,560 --> 01:36:28,840
Speaker 18: other nefarious means. So today would be day two of

1883
01:36:28,880 --> 01:36:31,880
Speaker 18: the hearing. We may well hear Harry speak in person today,

1884
01:36:32,560 --> 01:36:35,759
Speaker 18: but he's home. He had a smile going into court yesterday,

1885
01:36:35,840 --> 01:36:37,960
Speaker 18: though we're told he will not be seeing his dad

1886
01:36:38,560 --> 01:36:41,400
Speaker 18: or his brother Prince William, who are both north of

1887
01:36:41,400 --> 01:36:44,320
Speaker 18: the border in Scotland on royal duty work today.

1888
01:36:45,040 --> 01:36:48,120
Speaker 2: Neet staying with family feuds for Siken Brooklyn Bickham. If

1889
01:36:48,160 --> 01:36:51,280
Speaker 2: we heard anything from Posho Bigs in response to this

1890
01:36:51,520 --> 01:36:53,799
Speaker 2: four page long Instagram pot.

1891
01:36:54,760 --> 01:36:56,960
Speaker 18: Not a word yet, but I would imagine keep across

1892
01:36:57,000 --> 01:36:59,920
Speaker 18: their instagrams today we may see lovely family photographs of

1893
01:37:00,120 --> 01:37:03,280
Speaker 18: everyone apart from Brooklyn, enjoying themselves in what he calls

1894
01:37:03,320 --> 01:37:08,639
Speaker 18: brand Beckham. He has absolutely torched his family. In that post,

1895
01:37:08,960 --> 01:37:11,640
Speaker 18: he says he doesn't want to reconcile. There was a

1896
01:37:11,680 --> 01:37:14,479
Speaker 18: report a week ago saying that they were only talking

1897
01:37:14,520 --> 01:37:19,120
Speaker 18: through solicitors, and mostly Brooklyn solicitors, saying to the parents, solicitors,

1898
01:37:19,520 --> 01:37:21,960
Speaker 18: leave me alone, do not talk about me, do not

1899
01:37:22,120 --> 01:37:25,360
Speaker 18: contact me. He's gone one further with this. It's quite

1900
01:37:25,400 --> 01:37:28,640
Speaker 18: a big, detailed post. We'd always known that there have

1901
01:37:28,680 --> 01:37:31,040
Speaker 18: been some sort of an incident surrounding the wedding. In

1902
01:37:31,080 --> 01:37:35,240
Speaker 18: twenty two to Nicola Peltz, the American actress and heiress,

1903
01:37:35,520 --> 01:37:39,280
Speaker 18: he appears to confirm that, saying that at the eleventh

1904
01:37:39,280 --> 01:37:42,599
Speaker 18: hour his mother pulled out of making Nichola's wedding dress.

1905
01:37:43,560 --> 01:37:47,400
Speaker 18: Other incidents at He says that the most humiliating experience

1906
01:37:47,439 --> 01:37:49,000
Speaker 18: of his life was when he was called up for

1907
01:37:49,040 --> 01:37:52,679
Speaker 18: his first dance with his new bride and his mother

1908
01:37:52,920 --> 01:37:55,800
Speaker 18: danced on him. That is the phrase he used. His

1909
01:37:55,920 --> 01:37:59,719
Speaker 18: mother danced on him in front of five hundred guests.

1910
01:37:59,760 --> 01:38:02,479
Speaker 18: He said that he was humiliated. So I don't think

1911
01:38:02,520 --> 01:38:06,000
Speaker 18: this is going to end anytime soon. It's sad, but

1912
01:38:06,120 --> 01:38:09,160
Speaker 18: look there we are. It's I told to myself earlier

1913
01:38:09,200 --> 01:38:11,880
Speaker 18: on imagine if Prince Harry could use Instagram. That's how

1914
01:38:11,920 --> 01:38:12,400
Speaker 18: bad it is.

1915
01:38:13,120 --> 01:38:16,920
Speaker 2: Yeah, good point, and just the phrase dounced on him

1916
01:38:16,960 --> 01:38:20,240
Speaker 2: as a little disturbing. Appreciate your timing to thank you.

1917
01:38:20,240 --> 01:38:22,880
Speaker 2: Into Brady, a UK correspondent. It is seven away from seven.

1918
01:38:22,920 --> 01:38:23,880
Speaker 2: You're on News Talks EDB.

1919
01:38:25,080 --> 01:38:28,360
Speaker 1: It's the Heather Too plus allan drive full show podcast

1920
01:38:28,439 --> 01:38:31,480
Speaker 1: on iHeartRadio powered by News Talk ZBB.

1921
01:38:32,240 --> 01:38:35,080
Speaker 2: News Talk said B it is five minutes away from seven.

1922
01:38:35,560 --> 01:38:38,600
Speaker 2: Pauline Hanson and One Nation are now head of the

1923
01:38:38,640 --> 01:38:42,760
Speaker 2: coalition and the polls in Australia. Nigel Farage is and

1924
01:38:42,960 --> 01:38:45,599
Speaker 2: Reform ahead of all other major parties in the polls

1925
01:38:45,640 --> 01:38:48,720
Speaker 2: in the UK. And I think this year the thing

1926
01:38:48,760 --> 01:38:51,439
Speaker 2: to watch is where the Winston were. How close Winston

1927
01:38:51,479 --> 01:38:54,559
Speaker 2: Peter's in New Zealand first get to overtaking the Labor

1928
01:38:54,600 --> 01:38:58,960
Speaker 2: Party vote, because if you think about it. Labor's dead

1929
01:38:59,000 --> 01:39:01,120
Speaker 2: in the water. They're not to go anywhere. So what

1930
01:39:01,160 --> 01:39:03,880
Speaker 2: do labor voters do? Where do they go? New Zealand? First,

1931
01:39:04,080 --> 01:39:07,479
Speaker 2: he's already on up, touching ten percent once you adding

1932
01:39:07,520 --> 01:39:11,479
Speaker 2: a few disgruntled labor voters. Look at that survey from

1933
01:39:11,520 --> 01:39:15,280
Speaker 2: the unions yesterday, from the CTU, who do you hate

1934
01:39:15,280 --> 01:39:18,120
Speaker 2: the most? Who do you like the most? Winston was

1935
01:39:18,160 --> 01:39:20,920
Speaker 2: more popular than the labor leader and that tells you something.

1936
01:39:21,040 --> 01:39:25,400
Speaker 2: So I think the thing to watch coming into election

1937
01:39:25,520 --> 01:39:29,120
Speaker 2: year is Winston Peters v. Labor And it's what are

1938
01:39:29,120 --> 01:39:32,240
Speaker 2: we going out to? Poison?

1939
01:39:32,439 --> 01:39:35,160
Speaker 9: Every rose has its thorn to play us out tonight, Ryan,

1940
01:39:36,000 --> 01:39:38,160
Speaker 9: So Poison were meant to get together because their first

1941
01:39:38,160 --> 01:39:40,040
Speaker 9: album came out in nineteen eighty six, so this year

1942
01:39:40,080 --> 01:39:42,080
Speaker 9: would be the fortieth anniversary. They were meant to get

1943
01:39:42,120 --> 01:39:45,360
Speaker 9: back together for a big fortieth anniversary tour. But apparently

1944
01:39:45,400 --> 01:39:47,800
Speaker 9: that's no on, no longer going to happen because the

1945
01:39:47,880 --> 01:39:50,719
Speaker 9: drummer Ricky Rocket. Ricky Rocket is the drummer of Poison.

1946
01:39:50,800 --> 01:39:53,479
Speaker 9: He has told media that apparently they couldn't agree on

1947
01:39:53,520 --> 01:39:57,439
Speaker 9: the money. Apparently, the lead singer, Brett Michaels, according to that.

1948
01:39:57,479 --> 01:39:59,160
Speaker 9: We only have Ricky's side of this, but he says

1949
01:39:59,200 --> 01:40:02,360
Speaker 9: Brett wanted six times as much in terms of getting paid,

1950
01:40:02,640 --> 01:40:04,800
Speaker 9: and Ricky was like, well, sob this So I'm not

1951
01:40:04,840 --> 01:40:06,599
Speaker 9: going to do some work so someone else can get

1952
01:40:06,600 --> 01:40:08,559
Speaker 9: paid six times when I'm getting paid. So it all

1953
01:40:08,560 --> 01:40:11,360
Speaker 9: fell apart. So yeah, that's those rock stars, I guess

1954
01:40:11,439 --> 01:40:12,160
Speaker 9: Ryan that is.

1955
01:40:12,280 --> 01:40:15,160
Speaker 2: And that's your You know, your your lead, your front

1956
01:40:15,200 --> 01:40:17,600
Speaker 2: man always wants a bit more, doesn't it. Hey, I

1957
01:40:17,680 --> 01:40:19,880
Speaker 2: appreciate it as thanks for all your emails and your

1958
01:40:19,880 --> 01:40:21,040
Speaker 2: feedback today see tomorrow.

1959
01:40:23,840 --> 01:40:30,600
Speaker 25: The second says it.

1960
01:40:39,200 --> 01:40:42,360
Speaker 1: For more from hither Duplessy Allen Drive. Listen live to

1961
01:40:42,479 --> 01:40:45,519
Speaker 1: news talks it'd be from four pm weekdays, or follow

1962
01:40:45,560 --> 01:40:47,320
Speaker 1: the podcast on iHeartRadio