1
00:00:01,800 --> 00:00:08,640
Speaker 1: The issues, the interviews and the inside Ryan Bridge new

2
00:00:08,680 --> 00:00:12,080
Speaker 1: for twenty twenty four on the early edition with Smith City,

3
00:00:12,160 --> 00:00:15,280
Speaker 1: New Zealand's furniture Beds and a play at store New Stalks.

4
00:00:15,320 --> 00:00:16,360
Speaker 2: It'd be good morning.

5
00:00:16,440 --> 00:00:19,640
Speaker 3: It is six after five, coming up this morning before six.

6
00:00:19,840 --> 00:00:23,320
Speaker 3: Adrianaw's big day today. Willy drop, Willie hold, We'll look

7
00:00:23,320 --> 00:00:26,320
Speaker 3: at that. Gavin Gray's in the UK. A thirteen year

8
00:00:26,360 --> 00:00:29,400
Speaker 3: old girl is pleading guilty over the riots there, but

9
00:00:29,760 --> 00:00:32,680
Speaker 3: for what we'll ask him. Before five point thirty We've

10
00:00:32,720 --> 00:00:36,120
Speaker 3: got the Board of Airline Reps on tourism data not

11
00:00:36,200 --> 00:00:38,440
Speaker 3: looking good there. It is six after five.

12
00:00:39,840 --> 00:00:41,400
Speaker 2: The agenda, and it.

13
00:00:41,360 --> 00:00:44,240
Speaker 3: Is when stay the fourteenth of August. Tensions are continuing

14
00:00:44,280 --> 00:00:46,479
Speaker 3: to rise in the Middle East, with fairs that Iran

15
00:00:46,560 --> 00:00:49,720
Speaker 3: could attack Israel as soon as this week. I know

16
00:00:49,800 --> 00:00:51,680
Speaker 3: they have been saying that for a couple of weeks now.

17
00:00:51,880 --> 00:00:54,240
Speaker 3: The US is sending one of its aircraft carriers, the

18
00:00:54,360 --> 00:00:56,760
Speaker 3: USS Abraham Lincoln, to the region, as well as the

19
00:00:56,880 --> 00:01:00,440
Speaker 3: USS Georgia submarine. US officials so they want to see

20
00:01:00,640 --> 00:01:05,080
Speaker 3: de escalation, not war. What we're focused on is continuing

21
00:01:05,080 --> 00:01:07,679
Speaker 3: to de escalate diplomatically.

22
00:01:07,800 --> 00:01:10,440
Speaker 4: Our hope in our intent is to make sure that

23
00:01:10,880 --> 00:01:11,920
Speaker 4: an attack doesn't happen.

24
00:01:12,560 --> 00:01:17,280
Speaker 3: Housing of full affordability remains low despite dropping property values

25
00:01:17,319 --> 00:01:20,480
Speaker 3: and rising incomes. Poor Objects says the time needed to

26
00:01:20,560 --> 00:01:23,960
Speaker 3: save for a deposit is the lowest since COVID, at

27
00:01:24,000 --> 00:01:26,880
Speaker 3: just over ten years. That compares to thirteen years to

28
00:01:26,959 --> 00:01:31,200
Speaker 3: save back in COVID days. Meanwhile, rent is consuming twenty

29
00:01:31,240 --> 00:01:33,600
Speaker 3: eight percent of household income, the most in at least

30
00:01:33,600 --> 00:01:37,080
Speaker 3: twenty years. Chief property economist Calvin davids And says the

31
00:01:37,080 --> 00:01:39,080
Speaker 3: full picture is still far from ideal.

32
00:01:39,240 --> 00:01:41,000
Speaker 5: There's still a lot of strain on the market.

33
00:01:41,040 --> 00:01:43,399
Speaker 6: Housing affordability has improved a little bit on.

34
00:01:43,319 --> 00:01:46,399
Speaker 5: Some measures and not on others, so there's still pressure there.

35
00:01:46,480 --> 00:01:48,960
Speaker 5: Morlgitrates something and really still the key challenge.

36
00:01:48,720 --> 00:01:49,280
Speaker 6: For a lot of people.

37
00:01:49,600 --> 00:01:53,160
Speaker 3: Nas Is Mars insight lander has discovered water below the

38
00:01:53,200 --> 00:01:54,600
Speaker 3: surface of the Red planet.

39
00:01:55,000 --> 00:01:55,560
Speaker 2: Excuse me.

40
00:01:56,280 --> 00:01:58,840
Speaker 3: It's been recording seizemic activity on the planet for the

41
00:01:58,840 --> 00:02:03,200
Speaker 3: past four years, with analysis showing that seismic signals of

42
00:02:03,400 --> 00:02:07,240
Speaker 3: liquid water believed to be ten to twenty kilometers below

43
00:02:07,280 --> 00:02:10,240
Speaker 3: the surface. The desert like planet shows signs there were

44
00:02:10,280 --> 00:02:14,040
Speaker 3: at once rivers, oceans, and lakes on the surface. More

45
00:02:14,080 --> 00:02:15,800
Speaker 3: than three billion years ago.

46
00:02:16,919 --> 00:02:19,799
Speaker 7: News and Views you trust to start your day is

47
00:02:19,960 --> 00:02:23,680
Speaker 7: early edition with Ryan Bridge and Smith City, New Zealand's

48
00:02:23,680 --> 00:02:25,359
Speaker 7: furniture beds and a flying store.

49
00:02:25,520 --> 00:02:26,600
Speaker 2: News Talk said they.

50
00:02:27,040 --> 00:02:30,919
Speaker 3: We start this morning with this really rarely concerning story

51
00:02:31,160 --> 00:02:35,320
Speaker 3: about lollies. The Auckland City Mission is warning there are

52
00:02:35,360 --> 00:02:40,280
Speaker 3: potentially lethal levels of methan fettering and donated lollies that

53
00:02:40,360 --> 00:02:44,240
Speaker 3: were given out in food parcels. Somebody ate one fell

54
00:02:44,320 --> 00:02:49,560
Speaker 3: ill and the testing three hundred doses and one lolly

55
00:02:49,720 --> 00:02:52,840
Speaker 3: three hundred doses of meth in one lolly. Police say

56
00:02:53,280 --> 00:02:56,519
Speaker 3: that these lollies may have been distributed over several weeks

57
00:02:57,040 --> 00:03:01,400
Speaker 3: in Auckland. So if you have in your possession a

58
00:03:01,639 --> 00:03:06,880
Speaker 3: Render brand pineapple lolly, retail sized packages apparently were handed out.

59
00:03:07,000 --> 00:03:09,000
Speaker 3: If you have one of those, or if you know

60
00:03:09,160 --> 00:03:13,280
Speaker 3: somebody who gets food parcels, please let them know do

61
00:03:13,440 --> 00:03:17,320
Speaker 3: not eat these. Contact the City Mission and contact the police.

62
00:03:17,360 --> 00:03:21,800
Speaker 3: These are Render brand Pineapple lollies. They tested one lolly

63
00:03:21,919 --> 00:03:25,240
Speaker 3: and it had three grams of meth in it. Three

64
00:03:25,280 --> 00:03:28,800
Speaker 3: grams in one lolly, you'd have to imagine it's the

65
00:03:28,840 --> 00:03:32,840
Speaker 3: whole lolly is just meth. The average the common dose

66
00:03:32,960 --> 00:03:37,560
Speaker 3: is ten to twenty five milligrams, so up to three

67
00:03:37,640 --> 00:03:42,520
Speaker 3: hundred doses in one lolly. So yeah, please please if

68
00:03:42,560 --> 00:03:44,440
Speaker 3: you know anyone who gets food parcels, if you get

69
00:03:44,480 --> 00:03:46,800
Speaker 3: food parcels, do not consume them. Please call the police.

70
00:03:47,120 --> 00:03:49,120
Speaker 3: And he begs the question, doesn't it Did somebody do

71
00:03:49,200 --> 00:03:53,840
Speaker 3: this deliberately? Did you know with somebody importing meth and

72
00:03:53,840 --> 00:03:56,400
Speaker 3: these ended up in the wrong hands by accident? I

73
00:03:56,440 --> 00:03:58,640
Speaker 3: don't know. But they're going to have a press conference,

74
00:03:58,680 --> 00:04:01,440
Speaker 3: that is the City Mission and the Drug Foundation at

75
00:04:01,480 --> 00:04:03,960
Speaker 3: about eleven o'clock this morning, just gone ten after five.

76
00:04:05,160 --> 00:04:09,200
Speaker 3: Big day today obviously, our fight against inflation, our ocr

77
00:04:09,240 --> 00:04:12,800
Speaker 3: announcement that is two pm today. In the US overnight

78
00:04:12,880 --> 00:04:15,240
Speaker 3: the down s and P five hundred were up. They

79
00:04:15,280 --> 00:04:17,920
Speaker 3: had some good inflation data in that it was weaker

80
00:04:17,960 --> 00:04:23,159
Speaker 3: than expected the July Producer Price Index. All eyes on

81
00:04:23,480 --> 00:04:26,479
Speaker 3: their CPI and their retail sales figures which are coming

82
00:04:26,480 --> 00:04:29,960
Speaker 3: out in the next couple of days. But it's good

83
00:04:29,960 --> 00:04:33,720
Speaker 3: news in a sense, isn't it for the US? And

84
00:04:33,760 --> 00:04:36,960
Speaker 3: they'll be looking for a rate cut as are we today.

85
00:04:37,640 --> 00:04:52,120
Speaker 8: T five still find so much you.

86
00:04:54,400 --> 00:04:56,880
Speaker 7: The news you need this morning and the in depth

87
00:04:56,920 --> 00:05:00,920
Speaker 7: analysis early edition with Ryan Bridge and this City, New

88
00:05:01,000 --> 00:05:03,880
Speaker 7: Zealand's furniture beds had a playing store News.

89
00:05:03,640 --> 00:05:06,080
Speaker 3: Talk, said Bird, seen after five on news Talk said

90
00:05:06,080 --> 00:05:09,320
Speaker 3: b Brad, I agree with you, Brad as text in

91
00:05:09,600 --> 00:05:12,040
Speaker 3: nine two nine two. The number can't see adriena or

92
00:05:12,120 --> 00:05:14,880
Speaker 3: cutting early. He will wait until next time, but his

93
00:05:15,080 --> 00:05:20,520
Speaker 3: monetary policy wording will change to strongly looking at a

94
00:05:20,600 --> 00:05:23,320
Speaker 3: cut in the near future. I think you might be

95
00:05:23,360 --> 00:05:25,560
Speaker 3: on the money there. It'll be all about the wording

96
00:05:25,600 --> 00:05:29,200
Speaker 3: around it, rather than him actually coming out today and

97
00:05:29,200 --> 00:05:32,440
Speaker 3: saying yep, we're cut cutting rates. That is happening at

98
00:05:32,440 --> 00:05:35,600
Speaker 3: two pm, thirteen after five. Now the government's taking genetic

99
00:05:35,760 --> 00:05:38,360
Speaker 3: editing out of the lab that's been confirmed from as

100
00:05:38,400 --> 00:05:42,239
Speaker 3: early as next year. Low risk and well understood gene

101
00:05:42,240 --> 00:05:46,320
Speaker 3: technologies can be used outside of the laboratory settings without

102
00:05:46,360 --> 00:05:50,200
Speaker 3: any regulation. It's been banned for thirty years. A dedicated

103
00:05:50,279 --> 00:05:53,960
Speaker 3: regulator will be set up to manage the gene technologies.

104
00:05:54,000 --> 00:05:57,679
Speaker 3: And Michael Buntz is with the Otaga University in Curtain University,

105
00:05:57,760 --> 00:06:01,200
Speaker 3: is a professor genetics expert. He's with us this morning. Mike,

106
00:06:01,240 --> 00:06:06,560
Speaker 3: Good morning, Good morning Ryan. What has changed in genomencing

107
00:06:06,720 --> 00:06:10,400
Speaker 3: since nineteen ninety six or since the late nineties.

108
00:06:11,760 --> 00:06:15,200
Speaker 6: An awful lot since over the last thirty years, we've

109
00:06:15,200 --> 00:06:18,040
Speaker 6: gone from things like the human genome costing four billion

110
00:06:18,080 --> 00:06:21,080
Speaker 6: dollars and taking a decade complete to now been done

111
00:06:21,160 --> 00:06:23,880
Speaker 6: for about one thousand dollars in a day. And we've

112
00:06:23,880 --> 00:06:26,360
Speaker 6: had the advent of new things, you know, other jargon

113
00:06:26,520 --> 00:06:29,960
Speaker 6: such as CRISPA, which is the ability to edit genes.

114
00:06:30,080 --> 00:06:34,040
Speaker 6: So we've got lots of genetic information out there, and

115
00:06:34,080 --> 00:06:36,640
Speaker 6: we've got the ability to sort of find and replace

116
00:06:36,720 --> 00:06:38,240
Speaker 6: function within the genome if you like.

117
00:06:38,600 --> 00:06:41,440
Speaker 3: So it's quicker, it's more efficient. Is it safer?

118
00:06:43,360 --> 00:06:43,920
Speaker 2: Yes, it is.

119
00:06:44,320 --> 00:06:46,680
Speaker 6: So these new precision editing tools, as I said, it's

120
00:06:46,680 --> 00:06:48,640
Speaker 6: a bit of a fine and replaced within a document,

121
00:06:48,760 --> 00:06:50,960
Speaker 6: so we're able to sort of look for a specific

122
00:06:51,000 --> 00:06:54,200
Speaker 6: word within a document and replace it with another piece

123
00:06:54,240 --> 00:06:58,000
Speaker 6: of genetic code quite easily. So it's moved into the

124
00:06:58,000 --> 00:07:02,200
Speaker 6: realm of called precision editing. So we've always edited the

125
00:07:02,279 --> 00:07:06,520
Speaker 6: DNA of the organisms around us, especially things like crops

126
00:07:06,520 --> 00:07:09,840
Speaker 6: et cetera, because they we've done it through selective breeding

127
00:07:09,840 --> 00:07:12,520
Speaker 6: over thousands of years, but that is speeding up this.

128
00:07:12,720 --> 00:07:15,240
Speaker 6: So now we've got these gene editing tools which are

129
00:07:16,280 --> 00:07:21,520
Speaker 6: sort of almost indistinguishable away from from domestic breeding that's

130
00:07:21,520 --> 00:07:23,040
Speaker 6: occurred over over decades.

131
00:07:23,600 --> 00:07:27,280
Speaker 3: So we've been doing this outside already, and now we're

132
00:07:27,280 --> 00:07:28,720
Speaker 3: going to be able to do it in the labs.

133
00:07:31,000 --> 00:07:33,320
Speaker 6: Oh, we've been you know, I guess that that through

134
00:07:33,320 --> 00:07:37,840
Speaker 6: that domestication process and choosing different variants right similar golden

135
00:07:37,920 --> 00:07:39,600
Speaker 6: kiwi fruit. We've been doing it for I think, and

136
00:07:39,640 --> 00:07:42,120
Speaker 6: now we're going to sort of like speed up that process.

137
00:07:42,480 --> 00:07:44,520
Speaker 6: And and you know what, the government has signaled in

138
00:07:44,600 --> 00:07:47,480
Speaker 6: this new gene Technology bill, and we're still light on

139
00:07:47,560 --> 00:07:49,480
Speaker 6: details about what it's going to do, but it's going

140
00:07:49,560 --> 00:07:51,400
Speaker 6: to it's going to bring us in line with what's

141
00:07:51,400 --> 00:07:54,800
Speaker 6: happening internationally. We're saying some of these low risk applications,

142
00:07:55,680 --> 00:07:58,880
Speaker 6: we're going to move away from, you know, a fully

143
00:07:58,960 --> 00:08:01,640
Speaker 6: precautionary approach that we've got in the moment into into

144
00:08:01,680 --> 00:08:03,760
Speaker 6: something that's slightly more permissive.

145
00:08:04,080 --> 00:08:06,680
Speaker 3: And slightly more grown up in the approach. We're taking

146
00:08:07,200 --> 00:08:11,200
Speaker 3: what there's a pine tree example that you talk about.

147
00:08:11,440 --> 00:08:12,160
Speaker 3: What is that?

148
00:08:14,000 --> 00:08:16,480
Speaker 6: Yeah, well, there's lots of applications of the gene technology.

149
00:08:16,520 --> 00:08:19,560
Speaker 6: We're using it for making medicines such as in zelin.

150
00:08:19,600 --> 00:08:22,640
Speaker 6: At the moment, we're using it for cancer cells. But

151
00:08:22,720 --> 00:08:26,120
Speaker 6: when we're talking about you know, planting things in New

152
00:08:26,200 --> 00:08:29,680
Speaker 6: Zealand for the first time. We've got lots of genetically

153
00:08:29,720 --> 00:08:33,520
Speaker 6: modified organisms in New Zealand at the moment in terms

154
00:08:33,520 --> 00:08:37,679
Speaker 6: of medicines and food. But when we're talking about using

155
00:08:37,720 --> 00:08:41,600
Speaker 6: it actually growing our own material in New Zealand, we've

156
00:08:41,600 --> 00:08:43,280
Speaker 6: got to look at examples of that. Or one of

157
00:08:43,320 --> 00:08:47,080
Speaker 6: those examples is a sterile pine tree. So we know

158
00:08:47,200 --> 00:08:49,640
Speaker 6: about the problem of wilding pines in New Zealand that

159
00:08:49,679 --> 00:08:55,040
Speaker 6: they spread into the conservation estate and onto farmlands. And

160
00:08:55,120 --> 00:08:57,440
Speaker 6: you know, one of the applications that's been touted is

161
00:08:57,480 --> 00:08:59,319
Speaker 6: just when you put a pine tree in the ground,

162
00:08:59,320 --> 00:09:02,120
Speaker 6: if it can't reap juice, stays where it is, so

163
00:09:02,160 --> 00:09:04,080
Speaker 6: we don't end up with this big seed bank sort

164
00:09:04,080 --> 00:09:06,320
Speaker 6: of moving all around New Zealand.

165
00:09:07,120 --> 00:09:09,120
Speaker 3: So we can desecx pine trees.

166
00:09:10,559 --> 00:09:13,760
Speaker 6: We can, and that you know, Scion has been developing

167
00:09:13,760 --> 00:09:17,160
Speaker 6: that technology for years and you know, a huge industry

168
00:09:17,160 --> 00:09:20,920
Speaker 6: for New Zealand, but also a major environmental problems. So

169
00:09:21,240 --> 00:09:24,160
Speaker 6: these are the sort of win win examples that the

170
00:09:24,200 --> 00:09:27,360
Speaker 6: government wants to take a closer look at rather than

171
00:09:27,400 --> 00:09:32,600
Speaker 6: this sort of quite precautionary approach. So it's not really

172
00:09:32,600 --> 00:09:35,559
Speaker 6: been banned in New Zealand. That's the wrong set of technology,

173
00:09:35,600 --> 00:09:40,400
Speaker 6: but it's been so precautionary and there's been so much

174
00:09:40,800 --> 00:09:44,960
Speaker 6: red tape and hoop jumping that's going on that it's

175
00:09:45,000 --> 00:09:46,400
Speaker 6: starting to create problems for us.

176
00:09:46,920 --> 00:09:50,240
Speaker 3: Really interesting and I'm very excited to see where some

177
00:09:50,280 --> 00:09:53,280
Speaker 3: of this research might lead. It's Michael Buntz. He is

178
00:09:53,559 --> 00:09:57,520
Speaker 3: a genetics expert. He's with Otaga and Kirton University as

179
00:09:57,520 --> 00:10:01,000
Speaker 3: a professor. Eighteen minutes after five. Coming up next, we're

180
00:10:01,000 --> 00:10:05,000
Speaker 3: going to look at tourism. Why is our post COVID boom,

181
00:10:05,200 --> 00:10:08,400
Speaker 3: well not boom, but recovery starting to falter.

182
00:10:09,280 --> 00:10:12,280
Speaker 7: The first word on the News of the Day early

183
00:10:12,400 --> 00:10:16,079
Speaker 7: edition with Ryan Bridge and Smith City, New Zealand's furniture

184
00:10:16,120 --> 00:10:17,360
Speaker 7: Beds and a playing store.

185
00:10:17,559 --> 00:10:19,080
Speaker 2: News Talk said, good.

186
00:10:18,960 --> 00:10:21,320
Speaker 3: Morning, it's five point twenty on Ryan Bridge and if

187
00:10:21,360 --> 00:10:23,760
Speaker 3: you like a drink and you're over sixty, bad news

188
00:10:23,800 --> 00:10:26,959
Speaker 3: for you. Coming up just after five point thirty. Also,

189
00:10:27,040 --> 00:10:30,400
Speaker 3: quick update on the situation in Russia. This is Ukraine's

190
00:10:30,440 --> 00:10:35,320
Speaker 3: incursion into Russia. Zelensky has said he is not interested

191
00:10:35,360 --> 00:10:38,720
Speaker 3: in holding this land. He says Poutin must be forced

192
00:10:38,800 --> 00:10:42,400
Speaker 3: into peace negotiations, so they're basically going to continue this

193
00:10:42,520 --> 00:10:47,600
Speaker 3: offensive until Moscow agrees to peace. Twenty one after five. Now,

194
00:10:48,400 --> 00:10:51,840
Speaker 3: our tourism recovery appears to have stalled. The number of

195
00:10:51,840 --> 00:10:54,600
Speaker 3: overseas arrivals reached three point two million in the year

196
00:10:54,600 --> 00:10:57,360
Speaker 3: a joune. That sounds good, but it's down seventeen percent

197
00:10:57,960 --> 00:11:01,960
Speaker 3: on pre pandemic peaks and still hovering it around eighty

198
00:11:02,000 --> 00:11:05,880
Speaker 3: percent of pre COVID levels for the year. It comes

199
00:11:05,920 --> 00:11:08,400
Speaker 3: at a time where visa charges are going up in

200
00:11:08,440 --> 00:11:11,439
Speaker 3: the international visitor levy could rise by as much as

201
00:11:11,600 --> 00:11:14,840
Speaker 3: three times to one hundred dollars for many tourists outside

202
00:11:14,840 --> 00:11:17,160
Speaker 3: of Australia in the Pacific. Cath O'Brien's with the Board

203
00:11:17,160 --> 00:11:19,720
Speaker 3: of Airline Representatives is with us this morning. Cath, Good morning,

204
00:11:20,640 --> 00:11:23,240
Speaker 3: Good morning. How do we compare, How does our recovery

205
00:11:23,280 --> 00:11:25,320
Speaker 3: post COVID compare to other countries?

206
00:11:26,360 --> 00:11:28,240
Speaker 9: Yeah, look, I think you know, New Zealand's among those

207
00:11:28,280 --> 00:11:31,439
Speaker 9: countries that had its borders closed for longer, so we

208
00:11:32,160 --> 00:11:35,040
Speaker 9: are slower to recover. And you know, last Timmer we

209
00:11:35,200 --> 00:11:38,880
Speaker 9: enjoyed a great sort of boom recovery from COVID and

210
00:11:38,960 --> 00:11:41,160
Speaker 9: saw a lot of travel watches fantastic and saw a

211
00:11:41,160 --> 00:11:45,120
Speaker 9: lot of tourists returning to New Zealand. What we're seeing now, though,

212
00:11:45,720 --> 00:11:50,720
Speaker 9: is that kind of recovery stop, which is unusual in

213
00:11:50,760 --> 00:11:52,400
Speaker 9: the world.

214
00:11:54,320 --> 00:11:59,320
Speaker 10: And unusual and compared to what, yeah, like unusual in

215
00:11:59,360 --> 00:12:01,760
Speaker 10: that you know, we've got We've got other countries who

216
00:12:01,800 --> 00:12:04,960
Speaker 10: would see tourism continue to grow and New Zealand appears

217
00:12:05,040 --> 00:12:09,319
Speaker 10: to be seeing tourism are numbers kind of stalling, which

218
00:12:09,400 --> 00:12:10,160
Speaker 10: makes us strange.

219
00:12:10,240 --> 00:12:13,880
Speaker 9: Right, So looking ahead to the summer twenty twenty four,

220
00:12:14,040 --> 00:12:17,640
Speaker 9: so airlines have planned their schedules and we can see

221
00:12:17,640 --> 00:12:20,360
Speaker 9: that New Zealand as a total country will receive just

222
00:12:20,440 --> 00:12:24,920
Speaker 9: two percent more services than we saw last year, which

223
00:12:24,960 --> 00:12:28,400
Speaker 9: is far less than we would love to see. So

224
00:12:28,880 --> 00:12:31,160
Speaker 9: you know that that is going to bring us to

225
00:12:31,200 --> 00:12:33,320
Speaker 9: you a tourists and in a time that that's happening,

226
00:12:33,720 --> 00:12:37,040
Speaker 9: you know, to increase our VisiC costs so very deeply

227
00:12:37,160 --> 00:12:40,480
Speaker 9: and so suddenly is really counterproductive.

228
00:12:40,800 --> 00:12:42,439
Speaker 3: What is behind us, do you think?

229
00:12:44,679 --> 00:12:47,520
Speaker 9: Yeah, that's a really good question. New Zealand appears to

230
00:12:47,559 --> 00:12:51,960
Speaker 9: be losing market share, so we seem to sort of

231
00:12:52,040 --> 00:12:54,200
Speaker 9: be losing the fight and being a great place to

232
00:12:54,280 --> 00:12:56,800
Speaker 9: go to. You know, there are other nature based economies

233
00:12:56,800 --> 00:13:01,040
Speaker 9: that offer far more inexpensive holidays. You know, I'm looking

234
00:13:01,160 --> 00:13:04,640
Speaker 9: here at the likes of Indonesia, Thailand, Vietnam. You know,

235
00:13:04,679 --> 00:13:08,280
Speaker 9: those economies are seeing some great, some great recoveries and

236
00:13:08,280 --> 00:13:13,880
Speaker 9: and noticably Vietnam has taken its visitor a rival charge

237
00:13:13,920 --> 00:13:17,520
Speaker 9: to zero to encourage that to happen at New Zealand?

238
00:13:17,800 --> 00:13:20,319
Speaker 3: Does that make a difference? Does that make a difference

239
00:13:20,400 --> 00:13:22,160
Speaker 3: because we're obviously going to look at hiking us. Does

240
00:13:22,160 --> 00:13:23,400
Speaker 3: it actually stop people?

241
00:13:24,480 --> 00:13:24,680
Speaker 10: Yeah?

242
00:13:24,800 --> 00:13:27,240
Speaker 9: I think it actually really does because it's the total

243
00:13:27,320 --> 00:13:30,760
Speaker 9: cost of the journey, and especially when New Zealand is

244
00:13:30,920 --> 00:13:34,520
Speaker 9: you know, a really long way away often for many travelers,

245
00:13:34,520 --> 00:13:37,000
Speaker 9: a very expensive place to commit to coming to. In

246
00:13:37,080 --> 00:13:40,520
Speaker 9: any case, then that to add, you know, hundreds of

247
00:13:40,559 --> 00:13:42,959
Speaker 9: dollars of cost, and here we're seeing Jesus rise. A

248
00:13:43,040 --> 00:13:45,600
Speaker 9: visitor visa is now three hundred and forty one dollars

249
00:13:45,679 --> 00:13:48,520
Speaker 9: for an individual, and then what are we going to

250
00:13:48,520 --> 00:13:51,000
Speaker 9: add the international visit Olivia at another hundred dollars on

251
00:13:51,040 --> 00:13:53,559
Speaker 9: top of that, So four hundred and forty you haven't

252
00:13:53,559 --> 00:13:54,440
Speaker 9: even bought a ticket.

253
00:13:54,520 --> 00:13:57,520
Speaker 3: Yet, Yeah, that's a really good point. Actually, gosh, it

254
00:13:57,559 --> 00:14:00,199
Speaker 3: sounds a bloody expensive, doesn't it when you put it that.

255
00:14:00,520 --> 00:14:02,480
Speaker 3: Thank you for your time this morning, Cath O'Brien borught

256
00:14:02,480 --> 00:14:06,840
Speaker 3: a airline representatives. I can remember traveling around South America,

257
00:14:07,040 --> 00:14:09,079
Speaker 3: Central America, that kind of stuff when I was younger,

258
00:14:09,360 --> 00:14:11,920
Speaker 3: and the Galapagus Islands. I mean we had to pay

259
00:14:11,920 --> 00:14:14,440
Speaker 3: a one hundred dollars I think it was one hundred

260
00:14:14,559 --> 00:14:18,120
Speaker 3: US dollars visitor levy. But of course it's the Glaphicas Islands.

261
00:14:18,360 --> 00:14:18,560
Speaker 2: You know.

262
00:14:18,640 --> 00:14:21,160
Speaker 3: You go there because David Edinburgh went there, you know,

263
00:14:21,160 --> 00:14:23,040
Speaker 3: and you want to see it all, so you just

264
00:14:23,120 --> 00:14:25,240
Speaker 3: pay it. But geez, when you're talking about five hundred

265
00:14:25,240 --> 00:14:27,200
Speaker 3: bucks before, as Cat said, you've even bought a ticket.

266
00:14:27,480 --> 00:14:28,920
Speaker 3: Twenty four after five the.

267
00:14:29,000 --> 00:14:33,320
Speaker 7: Early Edition Full Show podcast on iHeartRadio powered by News

268
00:14:33,400 --> 00:14:34,880
Speaker 7: Talks at Me just.

269
00:14:34,760 --> 00:14:37,640
Speaker 3: Go on twenty six minutes after five. It's still hard,

270
00:14:37,800 --> 00:14:40,360
Speaker 3: but still worth it. This is buying a house. There's

271
00:14:40,440 --> 00:14:42,760
Speaker 3: new Core Logic data out this morning. It's a housing

272
00:14:42,800 --> 00:14:47,400
Speaker 3: affordability report looks at median property values versus median income

273
00:14:47,560 --> 00:14:50,600
Speaker 3: for households. Let's put all the details assigned for a

274
00:14:50,600 --> 00:14:53,960
Speaker 3: second and cut to the chase. Basically, the good news

275
00:14:54,040 --> 00:14:59,280
Speaker 3: for you, houses are worth about ten times household and sorry,

276
00:14:59,320 --> 00:15:02,360
Speaker 3: now we're seven point nine percent household income. They were

277
00:15:02,480 --> 00:15:06,800
Speaker 3: worth ten times, so that is good news. Also good news,

278
00:15:07,040 --> 00:15:10,480
Speaker 3: the time it takes to save for a deposit is

279
00:15:10,560 --> 00:15:15,000
Speaker 3: now ten years. I know this is good news because

280
00:15:15,000 --> 00:15:17,000
Speaker 3: it's better than the thirteen years that it took in

281
00:15:17,040 --> 00:15:19,600
Speaker 3: twenty twenty one. So that's the good news. The bad

282
00:15:19,680 --> 00:15:23,080
Speaker 3: news from the start of this morning, mortgage payments fifty

283
00:15:23,120 --> 00:15:27,200
Speaker 3: four percent of your median household income fifty four percent,

284
00:15:27,240 --> 00:15:30,040
Speaker 3: and that is ten percent above the average. So there's

285
00:15:30,080 --> 00:15:32,920
Speaker 3: good news in there's bad news. It's hard but not

286
00:15:32,960 --> 00:15:36,800
Speaker 3: impossible for most people and still very much worth it.

287
00:15:36,920 --> 00:15:40,440
Speaker 3: Long term values go up, there's the stability of owning

288
00:15:40,440 --> 00:15:43,600
Speaker 3: your own place, and there's great stories like this Auckland

289
00:15:43,640 --> 00:15:46,160
Speaker 3: twenty year old Lewis Pollock, who was in the news

290
00:15:46,200 --> 00:15:49,720
Speaker 3: the other day, left school early, worked in retail, became

291
00:15:49,720 --> 00:15:53,280
Speaker 3: a manager. He works hard for his money and he saves,

292
00:15:53,600 --> 00:15:55,920
Speaker 3: had no help from his parents, and he's brought his

293
00:15:55,960 --> 00:15:58,560
Speaker 3: first house at twenty. He's a homeowner and he's saying

294
00:15:58,560 --> 00:16:01,880
Speaker 3: to other young people, you can do it. If you

295
00:16:01,920 --> 00:16:03,680
Speaker 3: put your mind to it. Now, I know this is

296
00:16:03,720 --> 00:16:08,280
Speaker 3: not possible for everyone. You know, in some circumstances it

297
00:16:08,440 --> 00:16:10,400
Speaker 3: just wouldn't allow you to be able to put the

298
00:16:10,440 --> 00:16:15,560
Speaker 3: money aside to save. But for most young people it's hard,

299
00:16:16,240 --> 00:16:20,920
Speaker 3: but not impossible and well worth the effort. Twenty eight

300
00:16:21,000 --> 00:16:24,680
Speaker 3: after five in Bridge brich Lots that come just before six,

301
00:16:24,680 --> 00:16:27,160
Speaker 3: we're talking about the ocr which will obviously have an

302
00:16:27,200 --> 00:16:29,640
Speaker 3: impact on whether you can afford the house that you

303
00:16:29,720 --> 00:16:31,880
Speaker 3: might have just purchased, whether you can afford to make

304
00:16:32,120 --> 00:16:34,120
Speaker 3: the mortgage payments on that. We're going to talk to

305
00:16:34,480 --> 00:16:38,600
Speaker 3: a Jardin economist just before six for his take. Also

306
00:16:38,720 --> 00:16:41,880
Speaker 3: this morning, if you are over sixty and you enjoy

307
00:16:41,920 --> 00:16:45,600
Speaker 3: a tipple, well, i'll tell you after our five thirty news,

308
00:16:46,800 --> 00:16:49,360
Speaker 3: bad news, bad news for you. Will you listen to

309
00:16:49,400 --> 00:16:52,120
Speaker 3: the news. Will you listen to the warnings? Probably not.

310
00:16:52,440 --> 00:16:55,480
Speaker 3: Gavin Gray is in the UK a thirteen year old

311
00:16:55,520 --> 00:17:00,080
Speaker 3: girl has pleaded guilty to charges in relation to the

312
00:17:00,200 --> 00:17:04,000
Speaker 3: riots over in the UK. What has she been charged with?

313
00:17:04,720 --> 00:17:07,000
Speaker 3: We'll look at that with Kevin. That is coming up

314
00:17:07,040 --> 00:17:09,520
Speaker 3: after the five thirty news as well. You're on news

315
00:17:09,520 --> 00:17:10,280
Speaker 3: Talk Sidby.

316
00:17:38,080 --> 00:17:38,760
Speaker 2: Get ahead of.

317
00:17:38,760 --> 00:17:42,480
Speaker 7: The headlines Ryan Bridge You for twenty twenty four on

318
00:17:42,720 --> 00:17:46,400
Speaker 7: early edition with Smith City, New Zealand's furniture Bids.

319
00:17:46,119 --> 00:17:58,720
Speaker 2: And a playing store. News Talk SIDB, Good.

320
00:17:58,520 --> 00:18:00,560
Speaker 3: Morning, it is twenty four minutes away from six year

321
00:18:00,600 --> 00:18:02,840
Speaker 3: on news Talk said be great to have your company

322
00:18:02,920 --> 00:18:07,000
Speaker 3: just before six an economists on today's big OCR decision.

323
00:18:07,040 --> 00:18:09,600
Speaker 3: We'll get to that shortly. Also, we're live to the

324
00:18:09,680 --> 00:18:12,280
Speaker 3: UK with Gavin Gray right now. If you love a

325
00:18:12,400 --> 00:18:15,840
Speaker 3: drink and you are over the age of sixty, listen up.

326
00:18:16,280 --> 00:18:18,480
Speaker 3: This is a new big study one hundred and thirty

327
00:18:18,480 --> 00:18:21,520
Speaker 3: five adults. They looked at sixty plus. They tracked them

328
00:18:21,520 --> 00:18:27,640
Speaker 3: for twelve years. Virtually any amount of alcohol will increase

329
00:18:27,680 --> 00:18:30,359
Speaker 3: your risk of cancer from the first drop. You know

330
00:18:30,400 --> 00:18:32,480
Speaker 3: that people used to say, oh, one glass of red wine,

331
00:18:32,840 --> 00:18:36,440
Speaker 3: that's out. They reckon. There are no heart benefits from

332
00:18:36,520 --> 00:18:42,280
Speaker 3: even small amounts of alcohol, so put your drinks down. Interestingly,

333
00:18:42,720 --> 00:18:45,480
Speaker 3: the reason that there were serious flaws and previous studies

334
00:18:45,520 --> 00:18:50,520
Speaker 3: they reckon because the abstainers as a group include lots

335
00:18:50,520 --> 00:18:52,520
Speaker 3: of people who are seriously ill. You know, if you're ill,

336
00:18:52,600 --> 00:18:56,800
Speaker 3: you stop drinking and you still have health issues and

337
00:18:56,840 --> 00:18:59,920
Speaker 3: you might die earlier. So it made the drinkers look

338
00:19:00,080 --> 00:19:06,000
Speaker 3: better because they were counting the of stainers as you know,

339
00:19:06,760 --> 00:19:11,359
Speaker 3: sort of a control group anyway, So that was apparently false.

340
00:19:12,160 --> 00:19:13,560
Speaker 3: Will this make you stop drinking?

341
00:19:14,600 --> 00:19:14,800
Speaker 11: No?

342
00:19:15,200 --> 00:19:18,600
Speaker 3: Probably not. And do they actually look at social and

343
00:19:19,240 --> 00:19:20,960
Speaker 3: you know, you go to the pub, you talk to

344
00:19:20,960 --> 00:19:24,560
Speaker 3: your friends, you interact. What about those benefits do they

345
00:19:24,560 --> 00:19:27,560
Speaker 3: look at those? What about the mental health benefits from

346
00:19:27,640 --> 00:19:28,560
Speaker 3: letting off some steam?

347
00:19:28,920 --> 00:19:29,119
Speaker 9: You know?

348
00:19:31,440 --> 00:19:33,400
Speaker 3: Nineteen is the number to text twenty two.

349
00:19:33,320 --> 00:19:34,960
Speaker 2: To six rayam Bridge.

350
00:19:35,119 --> 00:19:37,080
Speaker 3: We're going to come and Proctor and dned and Culum.

351
00:19:37,160 --> 00:19:40,520
Speaker 3: Good morning to you. Two new witnesses are going to

352
00:19:40,520 --> 00:19:44,040
Speaker 3: give evidence in this coronial in quest of Locky Jones.

353
00:19:45,359 --> 00:19:48,320
Speaker 3: Yea morning, Ryan, that's correct. That will happen today.

354
00:19:48,320 --> 00:19:50,720
Speaker 12: This is Lockey Jones, the three year old who died

355
00:19:50,720 --> 00:19:53,600
Speaker 12: in twenty nineteen, found in a Council oxidation pond about

356
00:19:53,600 --> 00:19:57,320
Speaker 12: a kilometer from his home. Police quickly concluded the boy

357
00:19:57,359 --> 00:19:59,960
Speaker 12: had drowned, but Lockey's father, Paul Jones, believes his son

358
00:20:00,160 --> 00:20:03,639
Speaker 12: was murdered. Lockey's half brother, Jonathan Scott, will be called

359
00:20:04,119 --> 00:20:08,000
Speaker 12: for a second time today alongside the new witnesses. Back

360
00:20:08,040 --> 00:20:11,600
Speaker 12: in May, Scott denied allegations of storing Lockey's body in

361
00:20:11,640 --> 00:20:16,560
Speaker 12: a freezer, but did admit to buying cannabis while others searched.

362
00:20:16,200 --> 00:20:18,960
Speaker 3: For his brother on the night he disappeared. Yeah, a

363
00:20:19,000 --> 00:20:21,800
Speaker 3: really interesting but sad case. Callen, thank you for that.

364
00:20:21,840 --> 00:20:26,000
Speaker 3: How's the weather in Ternedin today? Fine? Today? Northwesterly he's

365
00:20:26,080 --> 00:20:28,600
Speaker 3: easing and the high seventeen today, thank you. Blake. Benny

366
00:20:28,640 --> 00:20:31,480
Speaker 3: is in christ Church this morning, Blake, good morning to you.

367
00:20:31,520 --> 00:20:34,480
Speaker 3: Tell me about this this well, the people calling for

368
00:20:34,520 --> 00:20:37,159
Speaker 3: a divorce from Environment Canterbury.

369
00:20:37,800 --> 00:20:40,560
Speaker 4: Yes, so this is our calls for South Island councils

370
00:20:40,560 --> 00:20:43,919
Speaker 4: and it simply puts stems from North Otago farmer David Douglas,

371
00:20:44,000 --> 00:20:46,120
Speaker 4: who is fed up with too many layers of governance.

372
00:20:46,359 --> 00:20:49,040
Speaker 4: He's leading a group campaigning for the Southern councils from

373
00:20:49,040 --> 00:20:51,399
Speaker 4: white Tucky to Selwyn to merge into a form of

374
00:20:51,520 --> 00:20:54,919
Speaker 4: unitary council. Douglas says the areas have so much in

375
00:20:55,000 --> 00:20:58,640
Speaker 4: common and proper governance would work well. He's visiting all

376
00:20:58,640 --> 00:21:02,480
Speaker 4: the councils to pitch the of this new breakaway organization,

377
00:21:02,880 --> 00:21:06,320
Speaker 4: which would be a combination of a territorial and regional council.

378
00:21:06,680 --> 00:21:09,919
Speaker 4: Now Environment Canterbury says it's aware of the discussions but

379
00:21:10,040 --> 00:21:13,880
Speaker 4: acknowledges any potential shakeup is a decision for central government.

380
00:21:14,160 --> 00:21:15,800
Speaker 3: How's the weather today? Fine?

381
00:21:15,840 --> 00:21:20,080
Speaker 4: With morning Frost's northerly is developing this afternoon high fourteen brilliant.

382
00:21:20,119 --> 00:21:22,199
Speaker 3: Thank you Max Tols and Wellington Max. I saw this

383
00:21:22,440 --> 00:21:25,400
Speaker 3: story on the news last night, this girl's school that's

384
00:21:25,400 --> 00:21:29,560
Speaker 3: having to evacuate because there is quake prone building, and

385
00:21:29,600 --> 00:21:32,600
Speaker 3: it seemed curious, did the ministry tell them that it

386
00:21:32,640 --> 00:21:34,840
Speaker 3: was quite prone or not? What's going on here?

387
00:21:35,160 --> 00:21:38,840
Speaker 13: Yeah, okay, so we spoke to principal Julia Davidson. She

388
00:21:39,040 --> 00:21:42,760
Speaker 13: says that the Ministry of Education didn't tell them, but

389
00:21:43,000 --> 00:21:46,200
Speaker 13: knew about this quake prone building back in twenty twenty

390
00:21:46,240 --> 00:21:49,000
Speaker 13: and didn't do anything about it. And so you've now

391
00:21:49,040 --> 00:21:53,000
Speaker 13: got they've discovered this that the building meets fifteen percent

392
00:21:53,040 --> 00:21:57,679
Speaker 13: of the standard. The building typicly caters for up to

393
00:21:57,680 --> 00:22:00,720
Speaker 13: four hundred kids and teachers. So you've got weeks of

394
00:22:00,760 --> 00:22:05,000
Speaker 13: disruption ahead for Wellington Girls College. Students are again learning

395
00:22:05,000 --> 00:22:07,960
Speaker 13: from home today they did yesterday as well. Parents are

396
00:22:07,960 --> 00:22:12,359
Speaker 13: calling urgent meetings, the school says. The school is again

397
00:22:12,400 --> 00:22:16,760
Speaker 13: criticizing the Ministry for not for inaction. The school wants

398
00:22:16,840 --> 00:22:20,040
Speaker 13: the building bold, but the principal told us they believe

399
00:22:20,080 --> 00:22:22,440
Speaker 13: the ministry just wants to strengthen the block. A few

400
00:22:22,440 --> 00:22:24,600
Speaker 13: girls from the school planning and holding a protest on

401
00:22:24,640 --> 00:22:28,200
Speaker 13: Parliament's lawn this morning to complain about that government's inaction.

402
00:22:29,040 --> 00:22:30,960
Speaker 3: Well, I've been good on them. I suppose they're not

403
00:22:31,040 --> 00:22:34,640
Speaker 3: at school so they'll have time on their hands. Max, Max,

404
00:22:34,680 --> 00:22:36,200
Speaker 3: how's the weather today for that protest?

405
00:22:36,600 --> 00:22:39,520
Speaker 13: It should be fine in Northerlya's twelve, the High Central.

406
00:22:39,200 --> 00:22:42,600
Speaker 3: Brilliant, thank you. Neither is in Auckland never. This story

407
00:22:43,000 --> 00:22:45,560
Speaker 3: is just frightening.

408
00:22:45,760 --> 00:22:47,879
Speaker 11: It is frightening. So what's happening?

409
00:22:47,920 --> 00:22:48,080
Speaker 6: Is it?

410
00:22:48,160 --> 00:22:50,000
Speaker 11: The Drag Foundation's warning people?

411
00:22:50,040 --> 00:22:50,200
Speaker 10: Now?

412
00:22:50,240 --> 00:22:54,600
Speaker 11: This is after Rinda branded pineapple lollies. They were found

413
00:22:54,600 --> 00:22:57,960
Speaker 11: to contain up to three hundred doses of myth. Now

414
00:22:58,240 --> 00:23:01,600
Speaker 11: they would donated to the Auckland City Mission for goodness sake,

415
00:23:01,880 --> 00:23:04,480
Speaker 11: So the mission obviously had no idea, gave them out

416
00:23:04,520 --> 00:23:07,399
Speaker 11: and an unknown number of food parcels and mission in

417
00:23:07,440 --> 00:23:10,280
Speaker 11: their Helen Robinson says a recipient told them that the

418
00:23:10,320 --> 00:23:13,200
Speaker 11: lollies had a funny taste, and so then they thought well,

419
00:23:13,200 --> 00:23:15,040
Speaker 11: bring in them, bring them back in and they had

420
00:23:15,080 --> 00:23:19,000
Speaker 11: them tested and the lolly came back showing potentially lethal

421
00:23:19,240 --> 00:23:23,639
Speaker 11: levels of meth amphetamine. So the Drug Foundation executive director,

422
00:23:23,680 --> 00:23:26,080
Speaker 11: Sarah Helm, We've gone to her and she says, look,

423
00:23:26,160 --> 00:23:29,520
Speaker 11: each lolly, this is I can't believe this. Each lolly.

424
00:23:29,600 --> 00:23:33,280
Speaker 11: So the rapt lollies contained about three grams of myth,

425
00:23:33,320 --> 00:23:35,360
Speaker 11: which is up to three hundred doses.

426
00:23:36,160 --> 00:23:39,199
Speaker 3: It's frightening. The thing is, you'd have to assume, and

427
00:23:39,240 --> 00:23:41,080
Speaker 3: this is just speculation, we have to assume that the

428
00:23:41,119 --> 00:23:46,040
Speaker 3: whole lolly is meth Yes, three grams, and then you think, well,

429
00:23:46,080 --> 00:23:50,239
Speaker 3: why would there be myth? Is it being imported? You know?

430
00:23:50,320 --> 00:23:53,520
Speaker 3: And did somebody not realize that these lollies were with it?

431
00:23:53,600 --> 00:23:54,040
Speaker 3: That's right?

432
00:23:54,119 --> 00:23:57,000
Speaker 11: I mean where all of this, how this all eventuated?

433
00:23:57,040 --> 00:23:58,919
Speaker 11: I mean it's the story of the day here for Auckland,

434
00:23:58,920 --> 00:24:00,720
Speaker 11: because we're all talking about in the news and going,

435
00:24:01,080 --> 00:24:03,240
Speaker 11: my goodness, and especially for a city mission, for the

436
00:24:03,240 --> 00:24:05,560
Speaker 11: Auckland City Mission. Totally you're sitting there, so the police

437
00:24:05,560 --> 00:24:07,840
Speaker 11: are on the case anyway, they're now investigating.

438
00:24:07,359 --> 00:24:09,320
Speaker 3: And there's a presser at eleven this morning, isn't there

439
00:24:11,080 --> 00:24:13,720
Speaker 3: an't you I'd just like to add my value where

440
00:24:13,800 --> 00:24:16,760
Speaker 3: I can go. Man, how's the weather today?

441
00:24:17,000 --> 00:24:17,200
Speaker 4: Fine?

442
00:24:17,240 --> 00:24:20,080
Speaker 11: Partly clouded this afternoon. Auckland's SiGe fifteen brilliant.

443
00:24:20,080 --> 00:24:22,920
Speaker 3: Thank you, it is eighteen minutes away from six News

444
00:24:22,920 --> 00:24:26,879
Speaker 3: talks he'd be. Since nineteen eighteen, Smith City has served

445
00:24:26,880 --> 00:24:30,000
Speaker 3: communities throughout New Zealand with quality furniture, beds and home

446
00:24:30,040 --> 00:24:34,000
Speaker 3: appliances and great deals. Over one hundred years later, the

447
00:24:34,040 --> 00:24:37,720
Speaker 3: flagship store is still in its original location and still

448
00:24:37,760 --> 00:24:40,320
Speaker 3: one hundred percent New Zealand owned and operated, so shopping

449
00:24:40,359 --> 00:24:43,800
Speaker 3: with Smith City supports Kiwi business. They boast eighteen stores

450
00:24:43,800 --> 00:24:46,800
Speaker 3: across New Zealand, including the new Wido Park Outlet store

451
00:24:46,800 --> 00:24:49,280
Speaker 3: in Auckland, which is now open. They stop everything you

452
00:24:49,359 --> 00:24:52,080
Speaker 3: need for your home, including beds, furniture appliances from the

453
00:24:52,080 --> 00:24:55,159
Speaker 3: world's leading brands like Samsung, l G Bosh Fisher and

454
00:24:55,160 --> 00:24:57,600
Speaker 3: pike Ll Lazy Boys Sleepy Here, just to name a few.

455
00:24:57,920 --> 00:25:00,280
Speaker 3: And don't worry about getting the best deal. Brought you

456
00:25:00,359 --> 00:25:04,119
Speaker 3: back with a price promise they will match any competitors price,

457
00:25:04,160 --> 00:25:06,760
Speaker 3: so why would you shop anywhere else? Even better, they've

458
00:25:06,800 --> 00:25:08,679
Speaker 3: teamed up with our mates at Air New Zealand to

459
00:25:08,680 --> 00:25:11,560
Speaker 3: bring air points to Smith's City. You can start making

460
00:25:11,600 --> 00:25:14,440
Speaker 3: plans for your next holiday and earn airpoints dollars while

461
00:25:14,480 --> 00:25:16,520
Speaker 3: you shop. It's a win win. Smith City can deliver

462
00:25:16,560 --> 00:25:19,080
Speaker 3: anywhere in New Zealand and has finance options and flexible

463
00:25:19,080 --> 00:25:23,240
Speaker 3: payment options to suit any budget. Experience their legendary instore

464
00:25:23,320 --> 00:25:26,040
Speaker 3: service or shop online. Smithcity dot co dot.

465
00:25:25,920 --> 00:25:30,840
Speaker 7: NZ International correspondence with Zed Eye Insurance Peace of Mind

466
00:25:30,880 --> 00:25:31,879
Speaker 7: for New Zealand Business.

467
00:25:33,280 --> 00:25:35,720
Speaker 3: Kevin Gray is a UK and Europe correspondent. He's with

468
00:25:35,800 --> 00:25:39,960
Speaker 3: US Live Gavin Good Morning, Morning Ron. A thirteen year

469
00:25:39,960 --> 00:25:42,439
Speaker 3: old girl has pleaded guilty over charges to do with

470
00:25:42,520 --> 00:25:43,320
Speaker 3: those riots.

471
00:25:43,400 --> 00:25:47,800
Speaker 14: What for. Yes, this was for a protest to the

472
00:25:47,880 --> 00:25:52,080
Speaker 14: hotel housing asylum seekers in Aldershot, to the south and

473
00:25:52,240 --> 00:25:54,800
Speaker 14: west of London. It's a former army town. Still got

474
00:25:54,800 --> 00:25:57,960
Speaker 14: at big army presence there and prosecutor said the girls

475
00:25:58,000 --> 00:26:00,720
Speaker 14: among a crowd gathered outside a hotel well that was

476
00:26:00,760 --> 00:26:03,640
Speaker 14: being used to house asylum seekers and she was seen

477
00:26:03,680 --> 00:26:07,359
Speaker 14: punching and kicking at the entrance of the hotel. Of

478
00:26:07,400 --> 00:26:09,879
Speaker 14: course the asylum seekers inside, I dare say it were

479
00:26:09,960 --> 00:26:13,560
Speaker 14: pretty terrified. A police officer was injured when disorder broke

480
00:26:13,640 --> 00:26:16,400
Speaker 14: out at the demonstration. There were roughly two hundred protesters

481
00:26:16,400 --> 00:26:19,600
Speaker 14: there dating back onto the thirty first of July. The

482
00:26:19,640 --> 00:26:23,160
Speaker 14: girl can't be named for legal reasons, and at Basingstone Magistrates'

483
00:26:23,160 --> 00:26:26,080
Speaker 14: Court she sat with her parents and it was a

484
00:26:26,119 --> 00:26:30,440
Speaker 14: short hearing and the prosecutor said that actually, do you

485
00:26:30,520 --> 00:26:35,439
Speaker 14: know what if this had been a girl of sentencing age,

486
00:26:35,480 --> 00:26:37,560
Speaker 14: in other words, not a young girl as she was,

487
00:26:37,920 --> 00:26:42,760
Speaker 14: then she would have been recommending a two year custodial sentence. Yesterday, Ryan,

488
00:26:43,080 --> 00:26:45,800
Speaker 14: two twelve year old boys became the youngest to be

489
00:26:45,840 --> 00:26:47,840
Speaker 14: convicted following recent disorder.

490
00:26:48,440 --> 00:26:52,320
Speaker 3: Given a quick update on the wildfires that are riding

491
00:26:52,440 --> 00:26:54,160
Speaker 3: near Ethens and Grace.

492
00:26:54,840 --> 00:26:58,280
Speaker 14: Yeah, they've sort of peeped out into smaller hotspots which

493
00:26:58,280 --> 00:27:01,080
Speaker 14: are still being fought. But sadly we now know that

494
00:27:01,119 --> 00:27:03,560
Speaker 14: there has been at least one victim. It's a sixty

495
00:27:03,600 --> 00:27:05,840
Speaker 14: three year old woman whose body was found in a

496
00:27:05,840 --> 00:27:08,919
Speaker 14: burnt out factory just on the outskirts of Athen, the

497
00:27:09,000 --> 00:27:11,719
Speaker 14: first confirmed victim of the far that's torn through one

498
00:27:11,760 --> 00:27:15,560
Speaker 14: hundred thousand acres of land, leaving dozens more injured. Colleagues

499
00:27:15,600 --> 00:27:17,959
Speaker 14: said she'd been too scared to jump from the building

500
00:27:18,000 --> 00:27:20,760
Speaker 14: as the flames came close, and she then became trapped

501
00:27:20,760 --> 00:27:24,960
Speaker 14: inside and died. So this situation still very very tense

502
00:27:25,080 --> 00:27:30,760
Speaker 14: in Greece, particularly around Athens, with the temperature still very high.

503
00:27:31,160 --> 00:27:34,640
Speaker 3: Kevin, thanks so much for that, Kevin Gray, UK europe correspondent.

504
00:27:34,720 --> 00:27:37,879
Speaker 3: It is twelve to six, Ryan Bridge, and it is

505
00:27:37,960 --> 00:27:40,920
Speaker 3: ocr day today. Economists, well, I mean take you pick

506
00:27:41,080 --> 00:27:43,879
Speaker 3: some say one thing, some say another ASB predicting a

507
00:27:43,880 --> 00:27:46,760
Speaker 3: cut of twenty five basis points B and zied Kiwi

508
00:27:46,760 --> 00:27:49,640
Speaker 3: Bank also think that they will cut a in zid.

509
00:27:49,720 --> 00:27:52,240
Speaker 3: Isn't rolling out a cut that's sitting on the fence,

510
00:27:52,320 --> 00:27:54,600
Speaker 3: isn't it? West Pek and Kiwi Bank think rates will

511
00:27:54,600 --> 00:27:58,639
Speaker 3: be held. John Kern is a Jardin economists, investment strategists

512
00:27:58,640 --> 00:28:00,520
Speaker 3: and crystal ballgeyser. He's with us this morning.

513
00:28:00,520 --> 00:28:02,840
Speaker 5: Hey John, Yeah, good morning, Ryan.

514
00:28:03,160 --> 00:28:03,919
Speaker 3: What are you picking?

515
00:28:04,000 --> 00:28:04,280
Speaker 2: Cut?

516
00:28:04,320 --> 00:28:06,000
Speaker 3: Hoold engage? What's he going to do?

517
00:28:06,880 --> 00:28:10,800
Speaker 5: Look, I'm erring on the side of a hold today.

518
00:28:11,400 --> 00:28:13,720
Speaker 5: It is a close run thing though, and we can

519
00:28:13,760 --> 00:28:17,680
Speaker 5: see that through the disparity of views. We're seen.

520
00:28:19,240 --> 00:28:22,680
Speaker 3: How important is the language that's used around the decision.

521
00:28:24,680 --> 00:28:27,119
Speaker 5: I think it will be incredibly important I mean, this

522
00:28:27,280 --> 00:28:31,200
Speaker 5: is a full monetary policy statement out today, so this

523
00:28:31,240 --> 00:28:36,640
Speaker 5: will have refreshed forecasts or predictions from the Reserve Bank,

524
00:28:37,240 --> 00:28:42,400
Speaker 5: and I expect that although they may hold today, they

525
00:28:42,440 --> 00:28:47,560
Speaker 5: will signal that interest rate cuts are coming very soon,

526
00:28:48,520 --> 00:28:51,120
Speaker 5: much sooner than they previously indicated.

527
00:28:51,840 --> 00:28:56,320
Speaker 3: What will that mean for mortgages If they signal cuts

528
00:28:56,320 --> 00:28:58,840
Speaker 3: are coming to do mortgages rates drop?

529
00:29:00,160 --> 00:29:00,320
Speaker 1: Yes?

530
00:29:00,400 --> 00:29:04,840
Speaker 5: I think they will because what happens is the banks

531
00:29:04,960 --> 00:29:10,160
Speaker 5: anticipate cuts down the track, and particularly for those fixed

532
00:29:10,280 --> 00:29:15,280
Speaker 5: term interest rates, the one and two year, three year rates,

533
00:29:16,080 --> 00:29:21,280
Speaker 5: you will see most likely some cuts to those rates,

534
00:29:21,360 --> 00:29:26,240
Speaker 5: even if the Reserve Bank stays on hold, but signals

535
00:29:26,280 --> 00:29:30,120
Speaker 5: that cuts are coming, perhaps as early as October.

536
00:29:30,680 --> 00:29:33,320
Speaker 3: Okay, well that sounds promising. We'll have to wait and see, obviously,

537
00:29:33,360 --> 00:29:37,280
Speaker 3: for two pm this afternoon. Asb reckons that we're effectively

538
00:29:37,360 --> 00:29:39,760
Speaker 3: under three percent inflation, now, I mean, obviously there's a

539
00:29:39,800 --> 00:29:42,080
Speaker 3: time lag with data, etc. Do you agree with that?

540
00:29:43,080 --> 00:29:46,600
Speaker 5: Yeah, I think I do agree with that. There is

541
00:29:47,400 --> 00:29:50,640
Speaker 5: very clear that inflation is coming down. Then even the

542
00:29:50,680 --> 00:29:55,040
Speaker 5: Reserve Bank admits that they'll be within their one three

543
00:29:55,120 --> 00:29:58,840
Speaker 5: percent target band by the third quarter of this year,

544
00:29:59,000 --> 00:30:02,720
Speaker 5: So you know, it's quite clear, and people are expecting

545
00:30:02,760 --> 00:30:06,480
Speaker 5: that too. Inflation expectations are coming down and they are

546
00:30:06,520 --> 00:30:08,840
Speaker 5: expecting things to ease off further.

547
00:30:09,720 --> 00:30:12,800
Speaker 3: All right, John, thanks so much for your predictions. Hold

548
00:30:12,920 --> 00:30:17,280
Speaker 3: from John, but expecting some language softening around cuts later

549
00:30:17,320 --> 00:30:21,080
Speaker 3: this year. John Karen is the Jardin economist and investment strategist.

550
00:30:21,120 --> 00:30:23,400
Speaker 3: It has just gone nine minutes away from six y're

551
00:30:23,440 --> 00:30:26,360
Speaker 3: on news Talk, said B. Interestingly, when it comes to

552
00:30:26,600 --> 00:30:33,520
Speaker 3: the time lag, the delay when rates were rising, people

553
00:30:33,800 --> 00:30:36,800
Speaker 3: had fixed at lower rates for longer, so you go

554
00:30:36,880 --> 00:30:39,080
Speaker 3: long and low when rates are low, and as they

555
00:30:39,120 --> 00:30:42,400
Speaker 3: started rising, it takes longer for that to kick in,

556
00:30:42,520 --> 00:30:46,960
Speaker 3: whereas now you know, people are shorter and higher. You're

557
00:30:47,000 --> 00:30:50,600
Speaker 3: going six months or a year, so actually the effect

558
00:30:51,040 --> 00:30:54,600
Speaker 3: should be more immediate on the way down than it

559
00:30:54,640 --> 00:30:58,600
Speaker 3: is on the way up. It is nine away from six.

560
00:31:01,680 --> 00:31:06,080
Speaker 7: On your radio and online on iHeartRadio. Early edition with

561
00:31:06,280 --> 00:31:09,640
Speaker 7: Ryan Bridge and Smith City, New Zealand's Furniture, Beds and

562
00:31:09,720 --> 00:31:11,560
Speaker 7: a playing Store on news Talk, said B.

563
00:31:11,840 --> 00:31:14,080
Speaker 3: Good morning, you're an early edition on news Talk, said B.

564
00:31:14,480 --> 00:31:17,000
Speaker 3: And it is six to six. Mike Hosking is here.

565
00:31:17,040 --> 00:31:18,240
Speaker 3: Good morning, Mike morning.

566
00:31:18,520 --> 00:31:20,160
Speaker 15: Quick quiz for you want to play a quiz game.

567
00:31:20,680 --> 00:31:23,400
Speaker 3: You okay it when you do this? Times you asked

568
00:31:23,440 --> 00:31:25,440
Speaker 3: me times tables and I sound stupid.

569
00:31:25,520 --> 00:31:28,040
Speaker 15: No, it's not timetables. It's just it's an interesting thing.

570
00:31:28,040 --> 00:31:29,960
Speaker 15: It's one of the most interesting pieces of news. I

571
00:31:30,000 --> 00:31:31,920
Speaker 15: think I've gotten the last twenty four hours. Now, if

572
00:31:31,920 --> 00:31:35,880
Speaker 15: you've seen the story, don't pretend you haven't seen the story,

573
00:31:35,920 --> 00:31:38,560
Speaker 15: so you then look like a genius. Okay, okay, because

574
00:31:38,560 --> 00:31:40,000
Speaker 15: this is one of those things that I think you're

575
00:31:40,040 --> 00:31:44,960
Speaker 15: going to be surprised. What percentage of garages in this country?

576
00:31:45,080 --> 00:31:49,000
Speaker 3: Oh, I haven't seen this a carpeted Oh.

577
00:31:49,360 --> 00:31:52,280
Speaker 15: Would you wenty twenty percent? See now, I would have

578
00:31:52,320 --> 00:31:53,800
Speaker 15: gone fifty to fifty personally?

579
00:31:53,880 --> 00:31:57,360
Speaker 3: Really? Oh yeah, absolutely, I've never even stepped foot in

580
00:31:57,440 --> 00:32:01,600
Speaker 3: a carpeted garage. Are you poor? Clearly?

581
00:32:02,080 --> 00:32:08,360
Speaker 15: So the answer the answer is the answer.

582
00:32:08,160 --> 00:32:09,800
Speaker 3: Why would you drive on carpet?

583
00:32:10,120 --> 00:32:13,280
Speaker 15: Because look, I've got carpeted garages, and I've always had

584
00:32:13,480 --> 00:32:15,680
Speaker 15: I've always had carpet of garages. And once you have carpet,

585
00:32:15,840 --> 00:32:16,840
Speaker 15: there's no there's no way back.

586
00:32:16,880 --> 00:32:18,440
Speaker 3: Do you know I don't even have a garage.

587
00:32:18,600 --> 00:32:20,400
Speaker 2: Oh no, wonder you are poor?

588
00:32:20,840 --> 00:32:21,719
Speaker 3: Back on the streets.

589
00:32:21,760 --> 00:32:23,640
Speaker 15: Oh, for goodness, say what happened to your contract?

590
00:32:23,680 --> 00:32:23,840
Speaker 9: To you?

591
00:32:23,960 --> 00:32:26,280
Speaker 15: Normally I think you must be the only Zibbie host

592
00:32:26,280 --> 00:32:29,000
Speaker 15: who doesn't have a garage. Now something's gone wrong there anyway.

593
00:32:29,240 --> 00:32:33,160
Speaker 15: The answer, the answer is ninety three percent.

594
00:32:33,320 --> 00:32:35,000
Speaker 3: No, it's not yes, it is. I don't believe it.

595
00:32:35,080 --> 00:32:37,960
Speaker 15: It's well, it's it's the So the ike of people

596
00:32:38,080 --> 00:32:40,000
Speaker 15: did this big survey around New Zealand, right because they're

597
00:32:40,000 --> 00:32:41,720
Speaker 15: coming to the country and they're working out what we

598
00:32:41,760 --> 00:32:45,880
Speaker 15: feel about homes. What's important? You know, what's the dream?

599
00:32:46,000 --> 00:32:48,040
Speaker 15: You know, renovations of a kitchen turns out.

600
00:32:47,960 --> 00:32:48,720
Speaker 3: To be it's a line.

601
00:32:48,760 --> 00:32:51,760
Speaker 15: They're lying ninety three percent. You can't lie when you

602
00:32:51,800 --> 00:32:53,240
Speaker 15: go to somebody's house and go do you have a

603
00:32:53,240 --> 00:32:54,160
Speaker 15: carpet of garage?

604
00:32:54,240 --> 00:32:56,480
Speaker 3: They're not going to go. So they went did they check?

605
00:32:57,080 --> 00:33:01,800
Speaker 15: They feel that what you now do is impugning the

606
00:33:01,880 --> 00:33:04,520
Speaker 15: reputation about Keia, one of the biggest global players in

607
00:33:04,520 --> 00:33:05,880
Speaker 15: the furniture market in the world.

608
00:33:05,880 --> 00:33:08,479
Speaker 3: Was there. Do you have underlay when your course you've got?

609
00:33:09,360 --> 00:33:09,920
Speaker 3: Of course you do.

610
00:33:10,160 --> 00:33:13,960
Speaker 15: Of course, of course you don't just go yes, you

611
00:33:14,160 --> 00:33:16,400
Speaker 15: soften it up. Have you never seen Garrett Well for

612
00:33:16,440 --> 00:33:18,000
Speaker 15: a person it hasn't even got a garage. I don't

613
00:33:18,000 --> 00:33:19,959
Speaker 15: even know why I'm talking to you about this, but

614
00:33:20,480 --> 00:33:23,800
Speaker 15: isn't that a stunning number? I think it's lone ninety

615
00:33:23,840 --> 00:33:24,479
Speaker 15: three percent?

616
00:33:24,560 --> 00:33:24,880
Speaker 3: Anyway.

617
00:33:24,960 --> 00:33:27,760
Speaker 15: The other thing the problem with houses in this country

618
00:33:28,040 --> 00:33:31,480
Speaker 15: is the entrance way is cluttered. The vast majority of

619
00:33:31,520 --> 00:33:32,800
Speaker 15: New Zealand entrance.

620
00:33:32,560 --> 00:33:35,280
Speaker 3: Ways you have cut and so the time on your hand. No,

621
00:33:35,360 --> 00:33:35,960
Speaker 3: you've got key.

622
00:33:36,040 --> 00:33:38,720
Speaker 15: No, this is how they're stocking their stores, right.

623
00:33:40,120 --> 00:33:40,400
Speaker 3: Is that?

624
00:33:40,440 --> 00:33:42,360
Speaker 15: What you need is something nice here in the entrance

625
00:33:42,400 --> 00:33:44,160
Speaker 15: way so you're not dropping your keys on the floor

626
00:33:44,120 --> 00:33:44,720
Speaker 15: or putting the kids.

627
00:33:44,760 --> 00:33:47,680
Speaker 3: Say so, you have been hoodwink by marketing genius. No,

628
00:33:48,240 --> 00:33:48,600
Speaker 3: I don't.

629
00:33:48,960 --> 00:33:51,360
Speaker 15: I am surprised at ninety three and I would be

630
00:33:51,480 --> 00:33:54,960
Speaker 15: tempted to agree with you that it's a stunningly large number.

631
00:33:55,040 --> 00:33:56,920
Speaker 15: A stunningly large number. But do you think of all

632
00:33:56,920 --> 00:33:59,880
Speaker 15: the new builds in this country. Most people would go

633
00:34:00,120 --> 00:34:01,840
Speaker 15: up and on their garage when they're doing a new build.

634
00:34:01,840 --> 00:34:03,000
Speaker 15: It's like heat pumps, isn't it.

635
00:34:03,480 --> 00:34:03,840
Speaker 9: Jeez?

636
00:34:04,080 --> 00:34:07,840
Speaker 3: If I had time right, we could relate their hopes.

637
00:34:07,880 --> 00:34:09,719
Speaker 15: We could really go down this right hole.

638
00:34:09,840 --> 00:34:11,360
Speaker 3: I'll see you tomorrow. Mike's next.

639
00:34:15,400 --> 00:34:18,040
Speaker 2: For more from News Talk st B. Listen live on

640
00:34:18,120 --> 00:34:19,399
Speaker 2: air or online, and

641
00:34:19,560 --> 00:34:21,879
Speaker 7: Keep our shows with you wherever you go with our

642
00:34:21,920 --> 00:34:23,640
Speaker 7: podcasts on iHeartRadio