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Speaker 1: Pressing the newspakers to get the real story. It's hither

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Speaker 1: duper c Ellen drive with one New Zealand let's get connected.

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Speaker 2: News Talk said, be.

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Speaker 3: Hey, good afternoon. Coming up today. Nikola Willis the Finance Minister.

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Speaker 3: On that GDP number that we got this morning. The

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Speaker 3: mom of the missing matter Corper Kids has released that

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Speaker 3: letter from their dad. We're gonna have a chat to

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Speaker 3: Karen Rutherford, the news Hube journalist. All over the story

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Speaker 3: and Wellington City Council's a shambles. I'll get you across

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Speaker 3: the latest details and we're going to speak to Sammy

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Speaker 3: and Brown, the local government minister, on whether it's time

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Speaker 3: to intervene.

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Speaker 2: Heather Dup for Cy Allen Right.

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Speaker 3: The GDP figures. The last time we got the GDP

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Speaker 3: figures was three months ago, and I remember telling you

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Speaker 3: at the time that my brother was thinking of shutting

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Speaker 3: his shop because business has got that bad. And the

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Speaker 3: update today is he shut a shop. He and his

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Speaker 3: business partner decided to pull the pin. They did that

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Speaker 3: last month. End of the month. They had a great spot.

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Speaker 3: They were on Ponsonby Road, heaps of foot traffic. But

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Speaker 3: even in a reasonably affluent place like Pons in Auckland,

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Speaker 3: the wallets snap shut, the sales dropped, and they just

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Speaker 3: could not make it work anymore. Now, the reason I'm

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Speaker 3: telling you this is because that is the real life

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Speaker 3: experience of what we see when we look at the

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Speaker 3: GDP figures. What those figures are telling us in numbers,

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Speaker 3: it's people shutting their businesses, it's people giving up on

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Speaker 3: their dreams. It's people having to in some cases sell

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Speaker 3: their homes. That's what these numbers tell us. According to

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Speaker 3: today's numbers, technically we're out of recession. But I would

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Speaker 3: really pause before celebrating on this because geez, I mean

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Speaker 3: it is by a whisker, right, it's zero point two percent,

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Speaker 3: which means that when it gets revised, which it always

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Speaker 3: does in the following weeks, there is a chance that

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Speaker 3: they might revise it down. There is a chance it

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Speaker 3: might go below negative again, and then technically we're back

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Speaker 3: in recession again. I mean, that's how close the thing is, right.

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Speaker 3: So there seems to be three reasons why we managed

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Speaker 3: to just eke out a positive instead of flatlining or

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Speaker 3: coming in on the negative. And that is a bumper key.

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Speaker 3: We fruit harvest, our dairy farmers and the fact that

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Speaker 3: we pumped two hundred and forty thousand people into the

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Speaker 3: country in a year. We've learned by now that that

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Speaker 3: number masks a lot, right, that immigration number pulls us

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Speaker 3: through when really it's masking what's going on. If you

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Speaker 3: really want to measure GDP properly, you have to look

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Speaker 3: at the per capita number. What's going on there, and

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Speaker 3: that's gone backwards. It's gone backwards for eighteen months straight now.

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Speaker 3: So what I'm trying to say is for eighteen months

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Speaker 3: we have been getting poorer and poorer and poorer. Just

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Speaker 3: in the last year alone, the per capita number is

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Speaker 3: negative two point four percent. That's what's really happening to

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Speaker 3: the country. That's what's really happened in the last year,

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Speaker 3: negative two point four percent. Are shrinking in the economy. Now,

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Speaker 3: having said all of this, right, that's what we're That

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Speaker 3: is the reality of what's going on at the moment.

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Speaker 3: That is the reality of what's gone on in the

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Speaker 3: last few months. I'm still optimistic now. The reason I'm

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Speaker 3: optimistic is because I reckon we're through almost If we're

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Speaker 3: not already through the hardest, but we're almost through the

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Speaker 3: hardest bit. We're in the middle of winter. This is

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Speaker 3: the hard slog. On the other side of it, it's

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Speaker 3: going to have to be better than this. I reckon,

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Speaker 3: we are going to get a cut in the ocr

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Speaker 3: this c I know adrianaw was trying. It took doom

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Speaker 3: and gloom into us, But I reckon he's jewel boning.

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Speaker 3: I reckon it'll be November we get a cut. And

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Speaker 3: the reason I say that is because what you're seeing

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Speaker 3: in the contracting numbers all around this country is too

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Speaker 3: bad for him to leave us like this too much longer.

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Speaker 3: He is going to have to put us out of

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Speaker 3: our misery soon. Also, you talk to business, there are

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Speaker 3: green shoots. I mean to be fair, they are few

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Speaker 3: and far between, but they are there. So Yes, it's rough. Yes,

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Speaker 3: the number is just on the right side of positive,

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Speaker 3: and it's really not buying much. And I wouldn't be

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Speaker 3: celebrating about it. But I'm going to take whatever positive

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Speaker 3: news I can out of this right now, together, do

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Speaker 3: see two ninety two is the text number. Also talk

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Speaker 3: to as I say, Nikola Willis will be with us

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Speaker 3: after five o'clock now stonehenge, I mean, jeez, you'll have

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Speaker 3: seen this by now, right Stonehenge, which is one of

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Speaker 3: the UK's oldest monuments, has been vandalized with orange powder

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Speaker 3: by the Just Stop Oil protesters. Two people have been

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Speaker 3: arrested and both Rishi Sunac and Kiostama, the guys who

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Speaker 3: are running for Prime Minister at the moment, have condemned

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Speaker 3: the action. In a statement, the group said, continuing to

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Speaker 3: burn coal, oil and gas will result in the death

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Speaker 3: of millions. We have come together to defend humanity or

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Speaker 3: we risk everything now. Carol Cohen is a member of

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Speaker 3: climate protest group Extinction Rebellion in New Zealand and is

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Speaker 3: with us now. Hey, Carol cureda.

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Speaker 4: How are you, Heather?

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Speaker 3: I'm well, thank you. Do you think they've gone a

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Speaker 3: little bit far here?

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Speaker 4: Well, it's hard to say, isn't it, Because you have

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Speaker 4: got some responsibility with using corn start. It's going to

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Speaker 4: run off next time it rains. It's not damaging stones.

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Speaker 4: It's making a point that you know, we've got a

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Speaker 4: climate crisis. Eighty percent of our population is concerned about

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Speaker 4: the climate. Most of your listeners will be concerned about

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Speaker 4: the climate. And yet we've got governments not only here

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Speaker 4: in New Zealand but all around the world who are

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Speaker 4: just stalling on taking action. And when they say that,

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Speaker 4: you know, thousands are going to or they say, I

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Speaker 4: forget want number millions die millions. Yes, well, we've got

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Speaker 4: people dying now. We have three thousand or so a

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Speaker 4: year in New Zealand dying of air pollution. We've had

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Speaker 4: people in India right now dying of heat exhaustion because

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Speaker 4: of the heatwave and so on and so forth.

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Speaker 3: So, Carol, I mean, do you think that any when

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Speaker 3: these two people turn up and they're spraying the orange

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Speaker 3: stuff on Stonehenge, do you think that people look at

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Speaker 3: that and go, oh man, we've got to do something

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Speaker 3: about the climate. Or do they look at them go

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Speaker 3: packer clowns.

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Speaker 4: I think you get both. If we think of our

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Speaker 4: experience here in this country over the ady One tour,

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Speaker 4: that we had people going, you know that you shouldn't

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Speaker 4: be out on the street, you shouldn't be trying to

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Speaker 4: disrupt rug feet and you had other people saying, I don't.

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Speaker 3: Know that there's any equivalents because back in at the

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Speaker 3: Springbok tour you had a lot of people taking to

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Speaker 3: the streets. It was a really big group. You get

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Speaker 3: to to just oil people. I mean It's a tiny

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Speaker 3: handful of crazies.

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Speaker 4: Isn't it. This is a one off thing that's happened

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Speaker 4: with only two people. Yeah, they have streets. They've had

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Speaker 4: so many protests. They stop the they interrupt sports, they

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Speaker 4: interrupt traffic. They it's just ongoing and it's big.

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Speaker 3: Hmm.

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Speaker 4: Okay at twenty thousand in the streets a couple of

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Speaker 4: weekends ago.

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Speaker 3: Carol, I'm kind of perplexed by the choice of Stonehenge,

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Speaker 3: because I mean, the stones aren't doing anything to the climate,

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Speaker 3: are they. This just looks like a tension.

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Speaker 4: Seeing Yeah, I know, and you know chose it.

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Speaker 5: I don't know.

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Speaker 4: Why would it be appropriate for us here to I

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Speaker 4: don't know, do a to serverity protest with Queen Victoria statues.

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Speaker 4: Would that be irrelevant?

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Speaker 3: Why don't you vandalize some cycle ways?

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Speaker 4: Well, we want cycle ways. I'll tell you what I've

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Speaker 4: done here. We have gone on and symbolically shut them

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Speaker 4: down and declared it a climate.

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Speaker 3: You shouldn't do that, Carol. Didn't you just hear what

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Speaker 3: I said about the GDP. The reason that we're technically

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Speaker 3: out of recessions because are dairy farmers. You've got a helpful.

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Speaker 4: Terror I know, well, yeah, I know you have to

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Speaker 4: for the GDP, But are you going to do GDP

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Speaker 4: over climate crisis when we have got and houses that

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Speaker 4: are unlivable from last year's floods and cyclones? And why

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Speaker 4: did we have such a terrible cyclone's terrible floods? They

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Speaker 4: worked out it was about sixty percent worse because of

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Speaker 4: the climate.

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Speaker 3: Right, Well, you still need the GDP to be able

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Speaker 3: to fix those houses. Carol, thank you. I really appreciate

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Speaker 3: you having a chat to us. It's Carol Cohen, Extinction Rebellion,

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Speaker 3: Tommacky Makoto spokesperson. Now, this is another headline Boeing didn't

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Speaker 3: need a I mean, as if Boeing hasn't had enough

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Speaker 3: bad headlines, and as if they weren't just getting absolutely

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Speaker 3: slammed before those politicians in the US here yesterday, get

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Speaker 3: a load of this one. This is the headline today

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Speaker 3: Boeing faults leave two astronauts stranded in all bit. Yeah,

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Speaker 3: not only are they stuffing up what's happening on planet Earth,

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Speaker 3: but they're stuffing up space as well. Apparently, the Boeing

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Speaker 3: spacecraft that was designed to bring back a couple of

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Speaker 3: American astronauts from the International Space Station has faults water shock,

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Speaker 3: so they're going to have to stay there for two

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Speaker 3: weeks longer than planned. Sixteen past four.

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Speaker 1: Digging deeper into the day's headlines, it's Heather duper c

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Speaker 1: Allen drive with one New Zealand one giant leap for

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Speaker 1: business U storgs'd.

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Speaker 3: Be Darcy water Grave Sports Talk hoosters would be arout

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Speaker 3: right now, Hey Darcy.

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Speaker 6: Hello Heather.

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Speaker 3: What's going on with the football Ferns.

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Speaker 7: I don't know.

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Speaker 8: Does anybody know facilitators are being rolled out to help

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Speaker 8: what's going on with yet Ka Klimkova.

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Speaker 3: Down with the players?

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Speaker 7: Well, you'd presume that would be the case.

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Speaker 8: I don't know how much more deep it is, but

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Speaker 8: I think that New Zealand Football are pretty good at keeping.

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Speaker 7: Things under wraps. They don't want none to see here,

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Speaker 7: especially if there's trouble.

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Speaker 8: At mel But I suppose you wonder, and again I

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Speaker 8: don't know. I'm just throwing some ideas out there around there.

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Speaker 8: What has yet Klimkov achieved so far as the head

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Speaker 8: coach of the football Ferns.

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Speaker 3: Has she not been very good?

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Speaker 9: No?

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Speaker 3: Have they got worse?

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Speaker 8: I don't think they've improved I don't think we've seen

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Speaker 8: any advance in what they do on the pitch and

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Speaker 8: how they play, and I think that's a worry, especially

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Speaker 8: when you consider we've got the Olympic Games coming up,

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Speaker 8: which is even more of a concern. When you think

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Speaker 8: she was stood down or moved to one side, or

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Speaker 8: quiet into whatever they want to call it, only a

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Speaker 8: couple of months out from the Olympic Games, that suggests

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Speaker 8: there's been some serious community of breakdowns within that side.

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Speaker 9: Now.

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Speaker 8: Whether it's an outside influence, I don't know, but not

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Speaker 8: having access and having your head coach, if your football

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Speaker 8: Fern's not there. You look at the World Cup and

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Speaker 8: it started with a hiss and a rule fantastic and

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Speaker 8: then it just went up after that. I think team

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Speaker 8: selections in that side were poor. I think they look

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Speaker 8: to favorites players that have performed before, not players that

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Speaker 8: informed at the time. I don't think that worked. I

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Speaker 8: don't think New zeal On Football handled that whole tournament

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Speaker 8: particularly well when it came to and you would have

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Speaker 8: experienced this as well, getting players on air, actually building

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Speaker 8: on the momentum that that Football World Cup had triggered.

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Speaker 8: So it doesn't really strike me as strange that this

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Speaker 8: is a bit eight funded if you know what it happens.

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Speaker 3: Okay, so they're bringing the facilitators to sort out whatever's

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Speaker 3: going on in there, and then what and then hopefully

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Speaker 3: they repair things that we can carry on.

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Speaker 7: Well hopefully.

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Speaker 8: I don't question here and a lot of football people

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Speaker 8: because I'm not one of those just look at the

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Speaker 8: team and go it's not gonely wish. It's on a

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Speaker 8: long long term content. We don't know why because nothing's

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Speaker 8: really changed on.

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Speaker 3: What happens.

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Speaker 7: We don't hear anything.

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Speaker 3: Tell me about what's going on with TMO at Twicken

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Speaker 3: This sounds fascinating.

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Speaker 8: Well I was fascinating. It sounds stupid, it really does.

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Speaker 8: So what they're looking at doing and Twitter. They've got

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Speaker 8: a couple of games coming up, one of them being

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Speaker 8: a Barbarians game VPG Whales South Africa. The TMO is

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Speaker 8: going to be get this, wait for it, handed greater influence.

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Speaker 8: It's the last thing we want to do.

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Speaker 7: What to do whatever they want.

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Speaker 8: The ability to alert referees to knock ons and forward

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Speaker 8: passes in real times like it's only a trial at

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Speaker 8: the moment. These live referrals to be used when the

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Speaker 8: on field team, is mister clear an obvious incident, a

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Speaker 8: decision that doesn't need a formal But what have we

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Speaker 8: learned from this and the interruption of tmos They make

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Speaker 8: a mess of it.

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Speaker 7: We had that situation where Wayne Barnes and it was.

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Speaker 8: That Tom Foley, Yeah, and Tom Follyer No, no, no, no,

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Speaker 8: I've seen something that went back four phases.

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Speaker 6: Allowed to do it?

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Speaker 3: No, no, totally. But that is that's a different issue

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Speaker 3: to what we're talking about, because but if they're doing

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Speaker 3: things real time, that's going to be better than then

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Speaker 3: if they see a forward pass and they call it

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Speaker 3: immediately said that was a forward pass. You stop the game,

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Speaker 3: you deal with it. That's heaps better than allowing the

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Speaker 3: player to continue and then thereafter coming back.

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Speaker 8: Now, what it does, though, is it brings another chef

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Speaker 8: to the situation to stick the ladle into the pot,

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Speaker 8: and that I don't like. It means suddenly you've got

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Speaker 8: I'm the boss. No, no, I'm the box. Actually I

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Speaker 8: saw something, I'm the boss, and I think with Tom

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Speaker 8: Foley we saw Ego climb in there.

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Speaker 7: I saw something you talk to me.

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Speaker 3: I'm pretty sure the annoying face in the box.

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Speaker 8: I don't remember what he looked like, made an awful

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Speaker 8: decision of a quiesced to that decision, and it costs

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Speaker 8: or maybe not cost us a World Cup, but it

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Speaker 8: didn't help.

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Speaker 3: Have you got so? Have you got Peter alertiny On?

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Speaker 8: No, nobody's talked to you by one of the guys

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Speaker 8: early on. Peter, you talking about Super Rugby tonight.

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Speaker 3: I just googled. I just googled Tom Foley. It was

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Speaker 3: his annoying, his annoying.

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Speaker 7: It's a matter what people look like. Surely we're in radio.

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Speaker 8: We can't judge people on their looks right behind them.

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Speaker 7: Not saying, not saying anything about the way you look hither.

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Speaker 3: Because that would be untowarded me to take your spade

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Speaker 3: away from you.

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Speaker 8: No, no, no, I'll give it back to Simeon Brown

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Speaker 8: because he's got much better use for spades than I have.

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Speaker 3: As far as prastructure, I've wrapping this up. Okay, Super

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Speaker 3: Rugby at seven.

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Speaker 7: O'clock you join us on the program.

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Speaker 3: Thank you.

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Speaker 2: Digging deeper into the day's headlines.

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Speaker 1: It's hither duper c Allen drive with one New Zealand

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Speaker 1: let's get connected.

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Speaker 3: His talk said, be coming up twenty six past four now,

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Speaker 3: The mom of the missing Mater Corper Kids, released a

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Speaker 3: letter late last night from the father. As far as

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Speaker 3: I can tell, it's not dated, so we don't know

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Speaker 3: when he wrote this let. It's handwritten. I'm not gonna lie.

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Speaker 3: It looks like it was written by a twelve year old,

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Speaker 3: like that's that's some twelve year old writing. But anyway, whatever,

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Speaker 3: not to judge the man for like bad handwriting. Some

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Speaker 3: people have bad handwriting. Anyway. To get to the point, Heather,

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Speaker 3: so she said, I've decided to share a letter written

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Speaker 3: by Thomas to show that all is not as it seems.

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Speaker 3: And then the letter starts, I don't know what to

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Speaker 3: say or do to help you forgive me. I'm not

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Speaker 3: desperate to be with someone, or I would already have

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Speaker 3: done it. I don't want to be with someone. I

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Speaker 3: want to be with you, Catherine, the woman I've been

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Speaker 3: in love with for over seven years. I can't make

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Speaker 3: you forgive me. Only you can make that choice, and

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Speaker 3: I know you don't have to. If I ever give

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Speaker 3: up trying to make things right, I will regret it forever,

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Speaker 3: et cetera, et cetera. Anyway, The thing is, I read

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Speaker 3: it and thought Why are you releasing this? What is

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Speaker 3: the point of this? I don't get this, And the

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Speaker 3: only conclusion I can get to is that she is

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Speaker 3: getting blowback. That's what I think's gone on here. She's

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Speaker 3: gone public for the first time since the kids went missing.

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Speaker 3: People have started giving her a whole bunch of crap

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Speaker 3: for it because the community supports Tom Phillips, and so

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Speaker 3: she wants to prove that she's not the problem he is.

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Speaker 3: That's what I think is up. We'll have a chat

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Speaker 3: to Karen now, Karen Rutherford has actually met her and

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Speaker 3: spoken to her. This is the news Hub journalists been

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Speaker 3: all over the story. We're gonna have a chat to

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Speaker 3: her when she is with us about ten past five. Also, Heather,

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Speaker 3: the Just Stop Oil protest lost it a long time ago.

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Speaker 3: Stonehenge has nothing to do with climate change. The people

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Speaker 3: who built it did not use oil to crane the

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Speaker 3: stones in place, and the monument has been through many

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Speaker 3: changes of climate and is still standing. So, in fact,

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Speaker 3: shows the exact opposite of their argument. That's from Nikola,

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Speaker 3: which I think is a fair point to make.

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Speaker 5: Right.

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Speaker 3: This is the thing everybody get. I can understand if

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Speaker 3: you're having a protest at cars right, because they're running

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Speaker 3: on the fuel. They're running on this stuff that's making

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Speaker 3: the climate. It's hurting the climate. I get that. I

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Speaker 3: can may be sort of like stretched to you wanting

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Speaker 3: to deface the Mona Lisa or disrupt the tennis because

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Speaker 3: there's a bit of well involved there, like you know,

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Speaker 3: this is a bit oily, you know, and the balls

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Speaker 3: made with some oily stuff, aren't they like something like that?

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Speaker 3: The clothes, there'll be something, but Stonehenge did nothing to nobody.

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Speaker 10: Headline Next, the day's newsmakers talk to Heather First, Heather

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Speaker 10: Duperic Allen drive with One New Zealand Let's get connected

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Speaker 10: and news talk.

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Speaker 2: Z be.

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Speaker 3: Vary's Opas with us in ten minutes time. Nicola willis

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Speaker 3: with us after five o'clock. While so Nicholas going to

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Speaker 3: come and talk to us about what's going on in

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Speaker 3: the economy right the GDP that we've had out today,

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Speaker 3: which is just positive side, but only just. But while

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Speaker 3: we've got her, I'm going to ask her what's going

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Speaker 3: on with this complaint about a local bank and the

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Speaker 3: government's bond sale. This was front page of the Herald today.

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Speaker 3: There's been complaints to the Financial Markets Authority about twenty

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Speaker 3: twenty two a government bond sale. The allegation is that

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Speaker 3: a major local bank had manipulated the sale of government bonds,

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Speaker 3: which then ended up costing the tax payer thirty three

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Speaker 3: million dollars. Now well, same ish thing is alleged to

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Speaker 3: have happened over in Australia. Australia's corporate regulator is also

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Speaker 3: investigating aan Z over there for similar concerns. Now, Nikola

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Speaker 3: Willis has had a brief and she will have had

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Speaker 3: a briefing by now on what exactly has happened. She

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Speaker 3: says she'll be making a statement later in the day,

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Speaker 3: so when she's with us, we'll see if we can

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Speaker 3: get to the bottom and maybe ask her which the

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Speaker 3: banks it is. Heather Blair here first time text and

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Speaker 3: my question is how did the protesters get to Stonehenge.

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Speaker 3: I imagine they drove there unless Tory has built them

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Speaker 3: a nice little cycle way, probably twenty three away from five.

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Speaker 2: It's the world wires on news dogs. He'd be drive.

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Speaker 3: The head of Hezbolla says his fighters are ready to

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Speaker 3: respond if Israel steps up its attacks on Lebanon. Clashes

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Speaker 3: between Hezbolla and the israel defense forces near the Israel

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Speaker 3: Lebanon border have escalated over the last five weeks. Hassan

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Speaker 3: Nasrallah says that if the wall widens, Cyprus could become

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Speaker 3: involved as well.

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Speaker 11: The Cypriot government should be aware that the opening of

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Speaker 11: its airports and bases for Israeli military use would mean

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Speaker 11: the Cypriot government becomes part of the war, and the

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Speaker 11: resistance will deal with this part of the war.

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Speaker 3: Russian President Vladimir Putin has moved on from his tour

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Speaker 3: of North Korea to his tour of Vietnam. He's expected

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Speaker 3: to meet with the country's Prime minister and president to

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Speaker 3: discuss weapons sales and educational exchanges. A university professor in

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Speaker 3: Vietnam says Russia is still well regarded by the Vietnamese

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Speaker 3: public because of the Soviet Union's assistance in the Vietnam War.

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Speaker 12: We were hungry, dying, and in a very difficult situation.

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Speaker 12: Russia helped us with feud undommunition. Thanks to that, we

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Speaker 12: stood firm on the battlefield and held our ancestral LUNs.

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Speaker 3: And finally, a druid. Lots of crazy things happening at Stonehenge,

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Speaker 3: a druid in England is planning to cast a spell

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Speaker 3: at Stonehenge to help England beat Denmark and the Euros.

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Speaker 3: This is a sixty nine year old chap. King Arthur

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Speaker 3: Pendragon is his name, and nah, he wasn't born with

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Speaker 3: that name. Obviously. He reckons he can channel the country's

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Speaker 3: natural energy to the foot ball team while they're playing

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Speaker 3: the Dames in Frankfurt, and King Arthur Pendragon's pretty confident

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Speaker 3: it's going to work.

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Speaker 8: It may be seriously named after the Scandinavian god of

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Speaker 8: war Thor, but.

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Speaker 7: I'm predicting England to win two nil.

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Speaker 1: Come on, England International Correspondence with Ends and Eye Insurance,

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Speaker 1: Peace of mind for New Zealand Business.

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Speaker 3: Murray Old Ozzie Correspondence with US Now ho muz.

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Speaker 9: Very good afternoon, Heather.

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Speaker 3: Okay, how's this going down? The plan to build the

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Speaker 3: seven new nuclear plants?

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Speaker 9: Well, no surprise when I tell you that it depends

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Speaker 9: which way you vote. Over here, Coalition supporters, those who

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Speaker 9: like Peter Dutton are thropping Labor fans are saying it's

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Speaker 9: absolute nonsense what Dutton is proposing. I basically, the climate

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Speaker 9: wars are back on over here at big, big time,

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Speaker 9: and the opposition here there is gambling that I promised

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Speaker 9: to bring a nuclear power to this country will win

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Speaker 9: enough support to kick Labor out of oppose at the

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Speaker 9: next election. Peter Dutton's promising seven nuclear power plants at

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Speaker 9: seven different sites around Australia. Two he says will be

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Speaker 9: operational in eleven years if the Coalition gets up next

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Speaker 9: year at the election. He's promising to provide emissions free

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Speaker 9: baseload power, which of course is a critical part of

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Speaker 9: Australia's energy mix. Large scale reactors for New South Wales,

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Speaker 9: queenslanda Victoria, smaller units for South Australia and Western Australia,

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Speaker 9: all to be government owned. Okay, so good, so far

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Speaker 9: as I say. Coalition fans are saying new beauty. But

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Speaker 9: what the critics are saying as wow, it's going to

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Speaker 9: be well for a start off. Can you give us

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Speaker 9: some costings. Who's going to fund this? Well, the government

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Speaker 9: and taxpayers will own it. Who's going to build and

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Speaker 9: design it? The only ones getting built and design around

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Speaker 9: the world right now are being built and designed by

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Speaker 9: Russia and China. He's promising more detailed costings after the

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Speaker 9: next election. Will lay us you know, rightly saying, well,

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Speaker 9: hang on, how on earth can we back this kind

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Speaker 9: of bit vague and how much are we're going to

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Speaker 9: be up for? And the experts, the science, the science

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Speaker 9: leaders have here are saying nuclear power head that will

435
00:21:07,680 --> 00:21:13,080
Speaker 9: simply be massively more expensive than renewables. So again, the

436
00:21:13,200 --> 00:21:16,240
Speaker 9: climate wars are on and we're all most or for it.

437
00:21:16,280 --> 00:21:19,199
Speaker 3: Explained something to me though, because if it's falling largely

438
00:21:19,200 --> 00:21:21,200
Speaker 3: down political lines, right, so if you vote right, you're

439
00:21:21,200 --> 00:21:22,399
Speaker 3: going to love it, and if you vote left you're

440
00:21:22,400 --> 00:21:25,200
Speaker 3: going to hate it. Shouldn't people who vote left actually

441
00:21:25,200 --> 00:21:27,240
Speaker 3: be on board with this because your alliance is a

442
00:21:27,280 --> 00:21:30,520
Speaker 3: country on coal is way too high and anything to

443
00:21:30,560 --> 00:21:32,040
Speaker 3: help the climate would be a good thing for a

444
00:21:32,080 --> 00:21:33,159
Speaker 3: left wing voter, wouldn't it.

445
00:21:34,080 --> 00:21:37,439
Speaker 9: Well, yes it would, but to the extent that we

446
00:21:37,560 --> 00:21:39,159
Speaker 9: need to know how much we're going to be paying

447
00:21:39,280 --> 00:21:45,200
Speaker 9: for this very expensive nuclear option. Peter Dutton is look

448
00:21:45,320 --> 00:21:50,640
Speaker 9: the Citysirose is our premiere scientific organization in Australia. The

449
00:21:50,640 --> 00:21:53,080
Speaker 9: best scientific brains in the country have said, listen, this

450
00:21:53,160 --> 00:21:58,399
Speaker 9: will not be on time. It'll be way beyond twenty

451
00:21:58,440 --> 00:22:00,720
Speaker 9: forty when the first powers coming off the grid and

452
00:22:00,800 --> 00:22:04,320
Speaker 9: atomic energy plant we have no idea how much it's

453
00:22:04,320 --> 00:22:06,720
Speaker 9: going to cost, who's going to design and build it.

454
00:22:07,359 --> 00:22:10,200
Speaker 9: There's just all often the never never, And it's basically

455
00:22:10,280 --> 00:22:14,960
Speaker 9: splitting down this ideological line. The National Party hates renewables

456
00:22:15,080 --> 00:22:17,560
Speaker 9: to bugger off. We want to keep digging out coal

457
00:22:17,640 --> 00:22:20,120
Speaker 9: and farting cows and all the rest of it. And

458
00:22:20,280 --> 00:22:25,119
Speaker 9: Peter Dutton is trying to exploit the political prism, the

459
00:22:25,200 --> 00:22:28,919
Speaker 9: divide that exists in Australia. He's trying to exploit that

460
00:22:29,080 --> 00:22:31,960
Speaker 9: to win office. And fair enough, I mean, go your hardest,

461
00:22:31,960 --> 00:22:33,960
Speaker 9: Peter Dutton. But a lot of people aren't buying it.

462
00:22:34,000 --> 00:22:36,080
Speaker 9: I understand what you're saying about the left. Anything to

463
00:22:36,160 --> 00:22:39,000
Speaker 9: drive down a mission shore, but at what cost and

464
00:22:39,040 --> 00:22:41,159
Speaker 9: how long? That's the big questions.

465
00:22:41,320 --> 00:22:43,520
Speaker 3: Well, that is an argument that I would share with

466
00:22:43,560 --> 00:22:46,520
Speaker 3: the left. At what cost and how long? Hey, what

467
00:22:46,760 --> 00:22:49,280
Speaker 3: happened with this road rage incident in Sydney. How do

468
00:22:49,320 --> 00:22:51,840
Speaker 3: you go from being angry at someone to mowing them down?

469
00:22:52,520 --> 00:22:52,639
Speaker 5: Oh?

470
00:22:52,720 --> 00:22:56,439
Speaker 9: Exactly, And there's a whole bunch of different questions being asked.

471
00:22:56,960 --> 00:22:59,480
Speaker 9: The young guy twenty seven years old, he was hit

472
00:22:59,520 --> 00:23:02,080
Speaker 9: and run this morning, died at the scene in Western Sydney.

473
00:23:02,760 --> 00:23:05,120
Speaker 9: The police trying to find the driver victim wearing high

474
00:23:05,160 --> 00:23:08,720
Speaker 9: viz clothing. Road very very busy. Parents were dropping children

475
00:23:08,720 --> 00:23:11,480
Speaker 9: off at school very nearby the shopping center as well.

476
00:23:11,880 --> 00:23:15,120
Speaker 9: Some suggest it was a road ratage, a road rage incident,

477
00:23:15,160 --> 00:23:17,720
Speaker 9: based on witnesses who said, gee whiz, this guy was

478
00:23:17,800 --> 00:23:20,560
Speaker 9: driving awaund one thousand miles an hour. Very good description

479
00:23:20,600 --> 00:23:22,640
Speaker 9: of a ute involved. And now an appeal of course

480
00:23:22,680 --> 00:23:24,480
Speaker 9: for dash cam footage.

481
00:23:25,440 --> 00:23:27,560
Speaker 3: Mars, thank you. I really appreciate your time. As always,

482
00:23:27,560 --> 00:23:29,080
Speaker 3: look after yourself. We'll talk to you next week. That's

483
00:23:29,119 --> 00:23:34,200
Speaker 3: Murray Old's Australia correspondent. Sometimes speaking of power sometimes when

484
00:23:34,240 --> 00:23:36,760
Speaker 3: things are bad, I like to remind myself might be bad,

485
00:23:36,760 --> 00:23:40,199
Speaker 3: but it could be worse. So we are obviously we

486
00:23:40,240 --> 00:23:42,399
Speaker 3: know that we are facing our own power issues in

487
00:23:42,440 --> 00:23:44,760
Speaker 3: this country. If we do end up having a power

488
00:23:44,760 --> 00:23:48,199
Speaker 3: into outage this winter, just think and least we're not

489
00:23:48,280 --> 00:23:52,080
Speaker 3: equadal because that whole country of eighteen million people lost

490
00:23:52,119 --> 00:23:55,800
Speaker 3: power yesterday. The whole country, not just Northland. Wasn't just

491
00:23:55,800 --> 00:23:58,520
Speaker 3: like oh, Northland can't charge at CVS or you know,

492
00:23:58,840 --> 00:24:01,680
Speaker 3: a small pocket of over there and the command or

493
00:24:01,680 --> 00:24:04,960
Speaker 3: which generally tends to get hit the whole country lost

494
00:24:05,000 --> 00:24:08,800
Speaker 3: the power, all of it, the subways, the heater, iss

495
00:24:09,160 --> 00:24:11,359
Speaker 3: the traffic lights, all of it because of a failure

496
00:24:11,400 --> 00:24:13,920
Speaker 3: in the transmission line. So at least we're not that bad.

497
00:24:14,240 --> 00:24:15,240
Speaker 3: Sixteen away from.

498
00:24:15,080 --> 00:24:19,920
Speaker 1: Five politics with centrics, credit, check your customers and get payments, certainty.

499
00:24:19,920 --> 00:24:22,480
Speaker 3: Very so, sen your political correspondence with us. Now, Hey Barry,

500
00:24:22,520 --> 00:24:25,320
Speaker 3: good afternoon, Heather. So this is the first full quarter

501
00:24:25,720 --> 00:24:28,920
Speaker 3: GDP result for the government in the new government. And

502
00:24:29,240 --> 00:24:30,720
Speaker 3: as far as I mean, if you're going to take

503
00:24:30,760 --> 00:24:33,240
Speaker 3: a win, then I suppose zero point two percent.

504
00:24:34,080 --> 00:24:37,119
Speaker 6: There won't be any champagne corks being dropped in the

505
00:24:37,200 --> 00:24:40,560
Speaker 6: bee hive. I wouldn't have thought. But at least the

506
00:24:40,600 --> 00:24:45,320
Speaker 6: track is above zero or negative, So you know, zero

507
00:24:45,359 --> 00:24:47,720
Speaker 6: point two percent. I mean, it's neither here nor there.

508
00:24:48,040 --> 00:24:49,880
Speaker 6: Statistical margin of era of stuff.

509
00:24:50,040 --> 00:24:51,960
Speaker 3: We're probably going to be revised exactly.

510
00:24:52,000 --> 00:24:55,200
Speaker 6: But I think the thing that they'll take some heart

511
00:24:55,280 --> 00:24:58,200
Speaker 6: out of, and it comes as no surprise, it's a

512
00:24:58,280 --> 00:25:04,320
Speaker 6: primary sector that is essentially driven the GDP rate, and

513
00:25:04,640 --> 00:25:09,960
Speaker 6: that's great. Agriculture, forestry, fishing production. They all rose zero

514
00:25:10,040 --> 00:25:13,240
Speaker 6: point four percent, and I think that's pretty good. The

515
00:25:13,880 --> 00:25:17,959
Speaker 6: particularly forestry, the rise there was five point five percent

516
00:25:18,320 --> 00:25:23,679
Speaker 6: if you single that one out. The downside was construction,

517
00:25:23,880 --> 00:25:29,080
Speaker 6: which obviously is slow to get underway, but with the

518
00:25:29,119 --> 00:25:33,320
Speaker 6: fast track measures in place, one can only hope that

519
00:25:33,320 --> 00:25:35,320
Speaker 6: that'll have a bit of a lift. So it was

520
00:25:35,359 --> 00:25:38,879
Speaker 6: down just over three percent in the first three months

521
00:25:38,920 --> 00:25:41,360
Speaker 6: of this year. It's interesting, though, isn't it when you

522
00:25:41,440 --> 00:25:44,560
Speaker 6: look at GDP rates and we were all ready at

523
00:25:44,600 --> 00:25:47,480
Speaker 6: the second end of the second quarter. Now, well the

524
00:25:47,560 --> 00:25:50,439
Speaker 6: end of June next week we will be and we

525
00:25:50,560 --> 00:25:53,680
Speaker 6: have to wait another three months before we know what's

526
00:25:53,720 --> 00:25:56,439
Speaker 6: happening at the moment, you know. And I think the

527
00:25:56,560 --> 00:25:58,880
Speaker 6: data that comes out STAT.

528
00:25:58,600 --> 00:26:00,680
Speaker 3: Says it can't do it more regularly, too expensive.

529
00:26:00,800 --> 00:26:04,560
Speaker 6: Well I don't know why not, but ex well, how's

530
00:26:05,440 --> 00:26:06,600
Speaker 6: don't they have computers?

531
00:26:08,400 --> 00:26:11,480
Speaker 3: Marry Stats can't even do the census, so maybe they

532
00:26:11,520 --> 00:26:12,760
Speaker 3: don't have computers.

533
00:26:13,080 --> 00:26:15,800
Speaker 6: I'll be interested to see what Nikola Willis says. I'm

534
00:26:15,840 --> 00:26:20,200
Speaker 6: sure she's pretty realistic, but she said that earlier today

535
00:26:20,200 --> 00:26:23,520
Speaker 6: that New Zealanders are feeling the long shadow of the

536
00:26:23,880 --> 00:26:27,640
Speaker 6: prolonged period of inflation in this country, and of course

537
00:26:27,680 --> 00:26:30,800
Speaker 6: that's in the book of Adrian Or and what the

538
00:26:30,840 --> 00:26:33,800
Speaker 6: Reserve Bank will be doing. Don't expect to see much

539
00:26:33,920 --> 00:26:36,760
Speaker 6: movement in the OCR I would think on that front,

540
00:26:36,760 --> 00:26:39,639
Speaker 6: which is a bit unfortunate. But I looked around the

541
00:26:39,640 --> 00:26:43,960
Speaker 6: world to see what the GDP rates were like for

542
00:26:44,040 --> 00:26:47,480
Speaker 6: other countries, and you look at the country that Chris

543
00:26:47,560 --> 00:26:51,200
Speaker 6: Luxen has just left, Japan, they're only at zero point

544
00:26:51,359 --> 00:26:55,480
Speaker 6: nine percent for a year. You look at Fiji, where

545
00:26:55,520 --> 00:27:00,200
Speaker 6: he was recently, that's at three percent, Australia's at one point.

546
00:27:01,240 --> 00:27:04,280
Speaker 6: The United States, so they've come through COVID obviously pretty

547
00:27:04,280 --> 00:27:07,600
Speaker 6: well at two point seven percent a non enormous economy.

548
00:27:07,680 --> 00:27:10,520
Speaker 3: That sounds pretty good to me. Well, they're above yeah,

549
00:27:11,600 --> 00:27:14,119
Speaker 3: all above us. Hey, so the American print, you'll be

550
00:27:14,119 --> 00:27:17,320
Speaker 3: excited as a massive Trump supporter, you'll be ably fizzing

551
00:27:17,440 --> 00:27:18,680
Speaker 3: for the first presidential debate.

552
00:27:19,119 --> 00:27:19,359
Speaker 9: Yeah.

553
00:27:19,359 --> 00:27:21,280
Speaker 6: Well, you know, I got another email, and I've got

554
00:27:21,280 --> 00:27:24,920
Speaker 6: a couple of emails from the Republican campaign. They were

555
00:27:24,920 --> 00:27:27,080
Speaker 6: telling me this morning, this is the moment we've been

556
00:27:27,119 --> 00:27:30,160
Speaker 6: waiting for, Barry. We're just a few days away from

557
00:27:30,240 --> 00:27:34,560
Speaker 6: President Trump, our MAGA champion stepping into the ring with

558
00:27:34,720 --> 00:27:38,640
Speaker 6: crocod Joe Biden. The debate is this time next week,

559
00:27:39,440 --> 00:27:42,520
Speaker 6: and they're saying that we all know what will happen

560
00:27:42,560 --> 00:27:46,879
Speaker 6: in this debate. President Trump will dominate, Biden will be

561
00:27:46,920 --> 00:27:49,399
Speaker 6: as high as a kite, and the fake news media

562
00:27:49,600 --> 00:27:52,639
Speaker 6: will lie about the real winners. That they're pretty negative

563
00:27:52,640 --> 00:27:56,080
Speaker 6: at the beginning. Yeah, well, judging by the performance though,

564
00:27:56,080 --> 00:27:58,920
Speaker 6: I've got to say both men over the past twenty

565
00:27:58,960 --> 00:28:03,360
Speaker 6: four hours, you'd have to ask, what's the world coming to? Here?

566
00:28:03,359 --> 00:28:06,479
Speaker 13: They are My name is Joe Biden and Joe Biden's husband.

567
00:28:08,160 --> 00:28:13,040
Speaker 13: Thanks to all the members of Congress and homeless Security Secretary.

568
00:28:14,480 --> 00:28:16,080
Speaker 13: I'm not sure you're going to do you all the way,

569
00:28:16,720 --> 00:28:20,520
Speaker 13: but all kid decide Secretary Marcus as well as Secretary

570
00:28:20,840 --> 00:28:22,800
Speaker 13: with Sarah, everybody's is here.

571
00:28:23,240 --> 00:28:26,359
Speaker 14: Take a look at our inflation, our real inflation. They

572
00:28:26,400 --> 00:28:28,560
Speaker 14: said it was ten for the last couple of years.

573
00:28:28,600 --> 00:28:29,359
Speaker 2: Cumulatively.

574
00:28:29,720 --> 00:28:32,120
Speaker 14: You take a look at inflation and if you add

575
00:28:32,160 --> 00:28:35,320
Speaker 14: different categories, which said I think our inflation is between

576
00:28:35,320 --> 00:28:38,600
Speaker 14: forty and fifty percent. They said it's aid twenty two percent,

577
00:28:38,960 --> 00:28:40,239
Speaker 14: but I think you could double it.

578
00:28:40,800 --> 00:28:43,320
Speaker 6: Yeah, well, the official inflation right in the US is

579
00:28:43,360 --> 00:28:44,560
Speaker 6: three point seven percent.

580
00:28:45,360 --> 00:28:48,480
Speaker 3: Barry, Look, I know you hate Trump, but you have

581
00:28:48,560 --> 00:28:51,120
Speaker 3: to agree you'd rather take the more on over the

582
00:28:51,120 --> 00:28:51,920
Speaker 3: guy who can't talk.

583
00:28:51,960 --> 00:28:54,560
Speaker 6: Well, he's more articulate, There's no doubt about that.

584
00:28:55,800 --> 00:28:56,040
Speaker 9: To me.

585
00:28:56,320 --> 00:28:58,280
Speaker 6: To compare those two audio.

586
00:28:58,120 --> 00:29:00,680
Speaker 3: I mean you would have to take them on over

587
00:29:00,680 --> 00:29:03,480
Speaker 3: the guy who can't finish a sentence, come on, true.

588
00:29:03,200 --> 00:29:06,320
Speaker 6: That, But does he understand what's going on the economy?

589
00:29:06,440 --> 00:29:06,960
Speaker 6: Clearly not?

590
00:29:07,440 --> 00:29:14,160
Speaker 3: Does he? The other one doesn't understand? Jeez, honestly, Joe Biden, Hey, quickly, So,

591
00:29:14,320 --> 00:29:16,080
Speaker 3: Luxin's on his way back plane.

592
00:29:16,880 --> 00:29:19,360
Speaker 6: Yes, well, as I understand it. It's in the air

593
00:29:19,360 --> 00:29:21,400
Speaker 6: at the moment, not flying low altitude.

594
00:29:21,720 --> 00:29:22,000
Speaker 9: You'll be.

595
00:29:23,840 --> 00:29:26,800
Speaker 6: Luxon. Of course, before he left, he committed New Zealand

596
00:29:27,120 --> 00:29:30,960
Speaker 6: to doing more to defend and protect the Indo Pacific region.

597
00:29:31,800 --> 00:29:36,160
Speaker 6: What New Zealand can do, though measurably, is debatable. I mean,

598
00:29:36,240 --> 00:29:39,200
Speaker 6: our armed forces aren't great. We are, though, sending a

599
00:29:39,600 --> 00:29:44,920
Speaker 6: fring it up there and to monitor any transgressions to

600
00:29:45,000 --> 00:29:48,560
Speaker 6: the packed against North Korea. And as they these two,

601
00:29:48,800 --> 00:29:51,280
Speaker 6: as the Prime Minister of Japan and our prime minister

602
00:29:51,360 --> 00:29:56,720
Speaker 6: were discussing things a very short distance away, a short

603
00:29:56,720 --> 00:30:00,240
Speaker 6: plane ride away of course. For that, Vladimir Putin was

604
00:30:00,240 --> 00:30:01,480
Speaker 6: was with Ken Jong.

605
00:30:01,400 --> 00:30:01,920
Speaker 9: On and.

606
00:30:03,280 --> 00:30:07,560
Speaker 6: Yeah, so, and they were discussing. They were discussing and

607
00:30:08,160 --> 00:30:12,320
Speaker 6: making a commitment that if one is attacked, the other

608
00:30:12,440 --> 00:30:16,200
Speaker 6: rull protect it. So you know, again, like I said,

609
00:30:16,280 --> 00:30:18,880
Speaker 6: with the most powerful men in the world, as you

610
00:30:19,040 --> 00:30:21,760
Speaker 6: just heard, you know, you wonder what the world's coming to.

611
00:30:21,840 --> 00:30:22,600
Speaker 2: It doesn't sound good.

612
00:30:23,000 --> 00:30:24,920
Speaker 3: Thank you very much, really appreciate it. Bary So for

613
00:30:24,960 --> 00:30:27,520
Speaker 3: senior political correspondent seven away from five.

614
00:30:28,440 --> 00:30:32,360
Speaker 1: Putting the tough questions to the newspeakers, the mike asking breakfast.

615
00:30:32,400 --> 00:30:34,120
Speaker 15: As we suggested the carbon auction was going to be

616
00:30:34,160 --> 00:30:36,280
Speaker 15: another bust. No bids were made. The Minister of Climate

617
00:30:36,320 --> 00:30:38,840
Speaker 15: Change Simon Watts as well as if you put uncertainty

618
00:30:38,880 --> 00:30:40,760
Speaker 15: into the market, no one turns up as that fair.

619
00:30:41,040 --> 00:30:42,920
Speaker 16: I don't think it is fair. The reality is is

620
00:30:42,960 --> 00:30:45,960
Speaker 16: the effectiveness of the ets isn't desemined by an individual

621
00:30:46,000 --> 00:30:49,080
Speaker 16: market outcome. And what we saw yours demands wasn't meeting

622
00:30:49,160 --> 00:30:51,360
Speaker 16: the supply at the price which was in play on

623
00:30:51,400 --> 00:30:54,400
Speaker 16: the government market, and there was no participation. Those units

624
00:30:54,440 --> 00:30:56,640
Speaker 16: moved forward to the next auction. But you know these players,

625
00:30:56,680 --> 00:31:00,200
Speaker 16: if they want units, there is a secondary market and the.

626
00:31:00,160 --> 00:31:02,200
Speaker 15: Price you're setting your main market at if you just

627
00:31:02,240 --> 00:31:04,560
Speaker 15: transfer a whole lot of unsold stuff to the next action.

628
00:31:04,680 --> 00:31:06,480
Speaker 15: The same thing's going to happen like it did last year.

629
00:31:06,640 --> 00:31:09,479
Speaker 15: Back tomorrow at six am, the Mike Hosking Breakfast with

630
00:31:09,760 --> 00:31:12,440
Speaker 15: Jenuine News talk zedby here.

631
00:31:12,480 --> 00:31:13,920
Speaker 3: They tell the Blues coach is going to be an

632
00:31:13,960 --> 00:31:16,120
Speaker 3: invasion of red, yellow and black fans at Eden Park

633
00:31:16,160 --> 00:31:17,960
Speaker 3: and we're going to outnumber the Blue supporters just like

634
00:31:18,000 --> 00:31:19,880
Speaker 3: we did when we lifted the shield from them years ago.

635
00:31:19,960 --> 00:31:23,440
Speaker 3: Oh fighting talk from the old chiefs, and we are

636
00:31:23,440 --> 00:31:25,080
Speaker 3: going to speak to Verne Cott of the Blues head

637
00:31:25,080 --> 00:31:26,920
Speaker 3: coach in twenty minutes time, just get his take on

638
00:31:27,000 --> 00:31:29,560
Speaker 3: its full house at Eden Park, which is brilliant for

639
00:31:29,680 --> 00:31:32,440
Speaker 3: rugby and frankly rugby needed it hither. Have you got

640
00:31:32,480 --> 00:31:35,040
Speaker 3: any update on the Fiji trip with regards to the Principles,

641
00:31:35,080 --> 00:31:37,360
Speaker 3: because you said Simon was going to do the interview,

642
00:31:37,560 --> 00:31:44,080
Speaker 3: ash I asked Simon. Well, I didn't ask Simon because

643
00:31:44,080 --> 00:31:46,280
Speaker 3: I don't know. I got my people to ask Simon's

644
00:31:46,280 --> 00:31:48,000
Speaker 3: people if he could do the interview for Simon wasn't

645
00:31:48,000 --> 00:31:50,520
Speaker 3: into it and I can't. It's alot of men in

646
00:31:50,560 --> 00:31:52,400
Speaker 3: my life who say no to me, and Simon's just

647
00:31:52,440 --> 00:31:55,560
Speaker 3: another one. I'm just saying, Simon, you're on the list.

648
00:31:55,760 --> 00:31:59,120
Speaker 3: You're on the Mummy's cross at your list. Anyway, never mind,

649
00:31:59,160 --> 00:32:01,000
Speaker 3: we'll just move on from that. Have an update as

650
00:32:01,000 --> 00:32:03,920
Speaker 3: a result of Simon letting me down, but we'll find

651
00:32:03,960 --> 00:32:07,520
Speaker 3: it anyway. We'll see. Did you call Laura? Did you

652
00:32:07,520 --> 00:32:09,480
Speaker 3: call the other principle that the other principle knocked on?

653
00:32:11,280 --> 00:32:12,880
Speaker 3: I don't know if she's saying something, but she's just

654
00:32:12,880 --> 00:32:15,160
Speaker 3: shaking her head. I couldn't get through. That's because they're

655
00:32:15,160 --> 00:32:17,920
Speaker 3: in Fiji. Laura got to try the other line. Anyway, Hey,

656
00:32:18,160 --> 00:32:20,560
Speaker 3: I have got a yarn from you, or for you rather.

657
00:32:20,960 --> 00:32:25,480
Speaker 3: The worst recycler, probably in the entire country, in Ashburton,

658
00:32:25,600 --> 00:32:29,400
Speaker 3: of all places. This person. If you're not into recycling,

659
00:32:29,920 --> 00:32:32,960
Speaker 3: this person's attitude will give you hope. But if you

660
00:32:33,000 --> 00:32:35,640
Speaker 3: are into recycling, you are gonna hate this person. I'll

661
00:32:35,680 --> 00:32:38,440
Speaker 3: take you that yarn shortly. But next up Nikola Willis

662
00:32:38,520 --> 00:32:41,040
Speaker 3: the Finance Minister on that GDP figure we just got,

663
00:32:41,200 --> 00:32:44,680
Speaker 3: and then Karen Rutherford on the Missing Kid's mum releasing

664
00:32:44,680 --> 00:32:45,400
Speaker 3: that weird letter.

665
00:32:45,720 --> 00:33:22,720
Speaker 17: News Talks by.

666
00:33:15,960 --> 00:33:19,160
Speaker 1: The only drive show you can trust to ask the questions,

667
00:33:19,240 --> 00:33:22,840
Speaker 1: get the answers by the facts and give the analysis.

668
00:33:23,080 --> 00:33:26,600
Speaker 1: Heather due to clam drive with one New Zealand. Let's

669
00:33:26,680 --> 00:33:28,400
Speaker 1: get connected and news talk as.

670
00:33:28,240 --> 00:33:28,600
Speaker 2: They'd be.

671
00:33:31,120 --> 00:33:34,480
Speaker 3: Good afternoon. The economy grew zero point two percent in

672
00:33:34,520 --> 00:33:37,200
Speaker 3: the first quarter of this year, officially taking us out

673
00:33:37,200 --> 00:33:40,320
Speaker 3: of recession just but that figure has been propped up

674
00:33:40,320 --> 00:33:42,600
Speaker 3: by some massive immigration into the country. So the real

675
00:33:42,640 --> 00:33:44,360
Speaker 3: figure you need to look at, which a GDP per

676
00:33:44,400 --> 00:33:47,840
Speaker 3: capita shows it actually went backwards zero point three percent.

677
00:33:47,920 --> 00:33:49,440
Speaker 3: Nikola Willis is the Finance minister.

678
00:33:49,480 --> 00:33:51,680
Speaker 18: Hey, Nikola, hello here.

679
00:33:52,040 --> 00:33:54,360
Speaker 3: That number is so close to zero that I worry

680
00:33:54,440 --> 00:33:56,360
Speaker 3: it's going to get revised backwards, going to end up

681
00:33:56,400 --> 00:33:57,880
Speaker 3: in recession. What do you think the chances are?

682
00:33:59,080 --> 00:34:02,240
Speaker 18: Yeah, look rather a positive number than a negative number.

683
00:34:02,600 --> 00:34:04,840
Speaker 18: But I would be wrong to say it's all sorted.

684
00:34:05,000 --> 00:34:07,360
Speaker 18: Clearly we have a lot of work to go. There

685
00:34:07,400 --> 00:34:09,920
Speaker 18: are going to be better times ahead for our economy.

686
00:34:10,280 --> 00:34:13,000
Speaker 18: But the numbers are telling me the same thing as

687
00:34:13,040 --> 00:34:16,120
Speaker 18: the business owners, the employers and the families are telling me,

688
00:34:16,239 --> 00:34:19,319
Speaker 18: which is it's still pretty tough out there. Inflation still

689
00:34:19,360 --> 00:34:23,320
Speaker 18: isn't under control, interst rates are high, and we haven't

690
00:34:23,320 --> 00:34:26,000
Speaker 18: got growth back yet. Good news is the government is

691
00:34:26,040 --> 00:34:30,399
Speaker 18: doing everything right. We are forecasting inflation to come back

692
00:34:30,400 --> 00:34:33,520
Speaker 18: and to spand that means interest rates can drop and

693
00:34:33,600 --> 00:34:36,840
Speaker 18: growth will recover. We are doing everything we can and

694
00:34:37,000 --> 00:34:38,160
Speaker 18: are better times for head.

695
00:34:39,200 --> 00:34:40,680
Speaker 3: Do you think that we might be through the worst

696
00:34:40,680 --> 00:34:42,080
Speaker 3: of it or close to.

697
00:34:43,719 --> 00:34:46,280
Speaker 18: I think we will feel like we're through the worst

698
00:34:46,320 --> 00:34:49,080
Speaker 18: of it when we see that first cuts to the

699
00:34:49,120 --> 00:34:52,400
Speaker 18: official cash rate. That will be the moment when people

700
00:34:52,480 --> 00:34:55,279
Speaker 18: feel some air breeze through our economy.

701
00:34:55,400 --> 00:34:57,000
Speaker 3: I'm thinking that happens on November.

702
00:34:57,040 --> 00:35:00,239
Speaker 18: What do you think, I'm thinking It's not my job

703
00:35:00,280 --> 00:35:02,240
Speaker 18: to predict that or to be seen to be trying

704
00:35:02,239 --> 00:35:05,160
Speaker 18: to influence the Reserve Bank governor on that. What we

705
00:35:05,239 --> 00:35:07,920
Speaker 18: obviously need to see is inflation under control. We've had

706
00:35:07,960 --> 00:35:10,600
Speaker 18: almost three years of it out of control. We are

707
00:35:10,600 --> 00:35:14,520
Speaker 18: feeling the long shadow of a government that mismanaged the

708
00:35:14,560 --> 00:35:18,399
Speaker 18: economy through fuel on the inflation fire, and we've had

709
00:35:18,400 --> 00:35:21,840
Speaker 18: a longer deeper inflation crisis than many other countries around

710
00:35:21,880 --> 00:35:24,560
Speaker 18: the world. Interest rates have had to go high to

711
00:35:24,640 --> 00:35:27,040
Speaker 18: sort that. Then they've now been high for a year.

712
00:35:27,440 --> 00:35:31,040
Speaker 18: That hurts. No economy can escape the pain of that,

713
00:35:31,360 --> 00:35:33,200
Speaker 18: So we are now nuttling down to do the work

714
00:35:33,239 --> 00:35:36,080
Speaker 18: to get inflation behind us, so the interest rates can

715
00:35:36,120 --> 00:35:38,080
Speaker 18: come down, the Reserve Bank can do its job there,

716
00:35:38,320 --> 00:35:40,120
Speaker 18: and then we've got to grow this joint. We've got

717
00:35:40,120 --> 00:35:44,160
Speaker 18: a grow this place, get productivity and investment going again.

718
00:35:44,239 --> 00:35:47,080
Speaker 18: And we're all about those things. And so we've now

719
00:35:47,080 --> 00:35:49,120
Speaker 18: got a government's on the side of business and it's

720
00:35:49,280 --> 00:35:52,320
Speaker 18: very serious about lifting opportunity through everyone.

721
00:35:52,440 --> 00:35:54,200
Speaker 3: I know that you can't I know, you can't really

722
00:35:54,200 --> 00:35:56,439
Speaker 3: actually weigh into when the ocr cut's going to happen.

723
00:35:56,480 --> 00:35:57,800
Speaker 3: But I mean, if you look at the numbers that

724
00:35:57,840 --> 00:36:00,399
Speaker 3: we're seeing at the moment, it would be really hard

725
00:36:00,440 --> 00:36:02,080
Speaker 3: to imagine that he can keep us in this place

726
00:36:02,120 --> 00:36:04,680
Speaker 3: for a long time because things are so bad, aren't they.

727
00:36:05,800 --> 00:36:07,880
Speaker 18: Well, it's just no doubt there's a lot of people

728
00:36:07,960 --> 00:36:10,680
Speaker 18: who are doing it tough out there. And whether it's

729
00:36:11,080 --> 00:36:14,280
Speaker 18: families with a mortgage who are watching hundreds of dollars

730
00:36:14,680 --> 00:36:19,480
Speaker 18: without their bank account into their bank's account each fortnight,

731
00:36:20,239 --> 00:36:23,440
Speaker 18: whether it's the small businesses who are feeling fewer customers

732
00:36:23,520 --> 00:36:26,399
Speaker 18: coming through the door because they're spending all that money

733
00:36:26,400 --> 00:36:29,440
Speaker 18: on their mortgage. Across the economy, you're seeing pain.

734
00:36:30,160 --> 00:36:31,040
Speaker 19: To some extent.

735
00:36:31,560 --> 00:36:34,239
Speaker 18: You could argue this is the recession that there is

736
00:36:34,280 --> 00:36:38,160
Speaker 18: a bank governor admitted he was trying to engineer. We

737
00:36:38,239 --> 00:36:41,520
Speaker 18: are seeing the inflation numbers coming down. This is the

738
00:36:41,560 --> 00:36:45,920
Speaker 18: horrible hangover after the big spending party that the last

739
00:36:45,960 --> 00:36:49,080
Speaker 18: government embacked on. It's not good, but we are doing

740
00:36:49,160 --> 00:36:51,799
Speaker 18: everything to cure it as quickly as possible so that

741
00:36:51,800 --> 00:36:52,600
Speaker 18: we can get on and grow.

742
00:36:52,920 --> 00:36:54,480
Speaker 3: While I've got you, what do you know about this

743
00:36:54,560 --> 00:36:57,000
Speaker 3: complaint that was laid over the alleged manipulation of government

744
00:36:57,040 --> 00:36:57,960
Speaker 3: bonds by a bank?

745
00:36:59,360 --> 00:37:03,280
Speaker 18: Well, is to do with any complaints about financial markets?

746
00:37:03,360 --> 00:37:06,200
Speaker 18: Fit with the Financial Markets Authority. It's the them to

747
00:37:06,239 --> 00:37:09,680
Speaker 18: comment on. It's not appropriate for me to comment on

748
00:37:09,760 --> 00:37:10,440
Speaker 18: those matters.

749
00:37:10,520 --> 00:37:12,480
Speaker 3: They are not saying if they've taken any action? Do

750
00:37:12,560 --> 00:37:13,200
Speaker 3: you know if they have?

751
00:37:15,480 --> 00:37:17,759
Speaker 18: They are the only ones who are to comment on

752
00:37:17,800 --> 00:37:21,200
Speaker 18: those matters. There's a very proper separation between me as

753
00:37:21,200 --> 00:37:24,000
Speaker 18: the Minister of Finance and them as the financial market's

754
00:37:24,040 --> 00:37:27,720
Speaker 18: conduct authority. So they look into those matters, they comment

755
00:37:27,800 --> 00:37:30,799
Speaker 18: on those matters. It's not for me to tell them

756
00:37:30,800 --> 00:37:32,600
Speaker 18: what to say or to comment on these is.

757
00:37:32,880 --> 00:37:34,399
Speaker 3: Have you had a chat to them about maybe saying

758
00:37:34,400 --> 00:37:35,400
Speaker 3: a little bit more than they are.

759
00:37:37,400 --> 00:37:40,400
Speaker 18: I haven't chatted to them. I did ask to be

760
00:37:40,520 --> 00:37:43,480
Speaker 18: updated on this matter because of course it's important to

761
00:37:43,520 --> 00:37:47,280
Speaker 18: me that New Zealand's bond markets are conducted with absolute

762
00:37:47,320 --> 00:37:50,200
Speaker 18: integrity and on the advice that I have received, I

763
00:37:50,200 --> 00:37:52,120
Speaker 18: do not think that there is any challenge with the

764
00:37:52,160 --> 00:37:53,480
Speaker 18: conduct of our bond markets.

765
00:37:53,520 --> 00:37:56,000
Speaker 3: Good stuff, Nichola, thank you very much appreciated. It's Nichola Willis,

766
00:37:56,040 --> 00:37:57,080
Speaker 3: the Finance minister.

767
00:37:57,160 --> 00:37:58,359
Speaker 2: Held to see Allen.

768
00:37:58,560 --> 00:38:00,800
Speaker 3: The mother of the missing Matter Corporate children, has broken

769
00:38:00,840 --> 00:38:02,880
Speaker 3: her silence for a second time this week, sharing a

770
00:38:02,960 --> 00:38:05,600
Speaker 3: letter on social media that she says was written to

771
00:38:05,640 --> 00:38:08,960
Speaker 3: her by the father, Tom Phillips. Now, she says the letter,

772
00:38:09,000 --> 00:38:12,600
Speaker 3: which professes his love for her, shows quote that all

773
00:38:12,719 --> 00:38:14,920
Speaker 3: is not as it seems now. Karen Rutherford is a

774
00:38:14,920 --> 00:38:17,279
Speaker 3: Newshart reporter who's been closely following the story and is

775
00:38:17,320 --> 00:38:20,680
Speaker 3: with us. Now, Hey, Karen, hi, Heather, do any idea

776
00:38:20,680 --> 00:38:22,040
Speaker 3: why this woman's made this public?

777
00:38:23,800 --> 00:38:26,799
Speaker 19: Well, this is a private letter between two people and

778
00:38:26,920 --> 00:38:30,640
Speaker 19: it is interesting timing. On Tuesday night, obviously, the police

779
00:38:30,640 --> 00:38:34,320
Speaker 19: issued a video of Cat speaking and pleading with the

780
00:38:34,320 --> 00:38:38,160
Speaker 19: public of New Zealand to help, and then she releases

781
00:38:38,200 --> 00:38:42,160
Speaker 19: a letter which she says is from the children's father,

782
00:38:42,200 --> 00:38:45,520
Speaker 19: Tom Phillips. Now I have spoken to police. They don't

783
00:38:45,520 --> 00:38:48,680
Speaker 19: believe this is a recent letter and they also don't

784
00:38:48,760 --> 00:38:51,600
Speaker 19: feel it is relevant to the current investigation. This is

785
00:38:51,719 --> 00:38:55,320
Speaker 19: in the past. It's a custody issue between two people

786
00:38:55,400 --> 00:38:58,719
Speaker 19: and that's how it all started out. Sadly, it's become

787
00:38:58,760 --> 00:39:02,880
Speaker 19: a very public case here there, obviously because Tom Phillips

788
00:39:02,920 --> 00:39:07,440
Speaker 19: is accused of criminal intent with the alleged bank robbery

789
00:39:07,480 --> 00:39:09,239
Speaker 19: of the Tiquity A and Z as well as the

790
00:39:09,280 --> 00:39:13,719
Speaker 19: pup's superer, and he's also allegedly holding these children back

791
00:39:13,760 --> 00:39:17,759
Speaker 19: from health care and education. So that's you know, we're

792
00:39:17,800 --> 00:39:19,960
Speaker 19: also taxpayers and we're spending a lot of money on

793
00:39:20,760 --> 00:39:22,759
Speaker 19: a massive man hunt. So it becomes a matter of

794
00:39:22,800 --> 00:39:26,520
Speaker 19: public interests. But potentially this is a private matter, and

795
00:39:27,120 --> 00:39:31,160
Speaker 19: this is a woman who's choosing to share her dirty laundry.

796
00:39:31,200 --> 00:39:33,920
Speaker 3: I suppose why did she lose custody of the kids.

797
00:39:35,560 --> 00:39:39,200
Speaker 19: Look, there are issues on both sides, and I'm not

798
00:39:39,320 --> 00:39:43,080
Speaker 19: really able to go into that. We've chosen as a

799
00:39:43,520 --> 00:39:45,920
Speaker 19: news have not to go into the background because, as

800
00:39:45,960 --> 00:39:48,279
Speaker 19: I say, it is a private family thing. It only

801
00:39:48,320 --> 00:39:52,960
Speaker 19: becomes relevant when you know, search and rescue operations involve

802
00:39:53,040 --> 00:39:55,400
Speaker 19: people from all over the North Island, and criminal intent

803
00:39:55,440 --> 00:39:59,440
Speaker 19: becomes involved. So it let's to say she had no custody,

804
00:39:59,640 --> 00:40:04,120
Speaker 19: but Tom lost his custody when he took the children

805
00:40:04,160 --> 00:40:06,799
Speaker 19: for a second time, So faults on both sides. It's

806
00:40:06,840 --> 00:40:08,359
Speaker 19: about no one's squeaky clean here.

807
00:40:08,600 --> 00:40:12,360
Speaker 3: Now, I can I get that impression there are about

808
00:40:12,360 --> 00:40:14,520
Speaker 3: five days or something like that to get information through

809
00:40:14,560 --> 00:40:15,960
Speaker 3: to the cops. Do you think the cops do you

810
00:40:15,960 --> 00:40:19,320
Speaker 3: get the impression that they're closing in on him.

811
00:40:19,800 --> 00:40:23,000
Speaker 19: They made their strongest comment yet on Friday to us

812
00:40:23,000 --> 00:40:26,680
Speaker 19: in our story where they are detectiments acting detectments meant

813
00:40:26,680 --> 00:40:30,640
Speaker 19: that Andy Saulders said, look, you know, we are working

814
00:40:30,680 --> 00:40:33,480
Speaker 19: with the family on both sides, but there are wider

815
00:40:33,600 --> 00:40:37,280
Speaker 19: family and associates who are not forthright in their information.

816
00:40:37,680 --> 00:40:40,680
Speaker 19: And it was the strongest indication yet that they have

817
00:40:41,120 --> 00:40:43,480
Speaker 19: a net. They know who they're looking for, and they

818
00:40:43,520 --> 00:40:46,320
Speaker 19: know who they're targeting with this eighty thousand dollars award.

819
00:40:46,360 --> 00:40:49,479
Speaker 19: They are hoping that someone in that wider circle will cave,

820
00:40:50,120 --> 00:40:52,640
Speaker 19: and they know exactly who those people are. So yes,

821
00:40:52,760 --> 00:40:56,040
Speaker 19: I believe the net is closing, whether or not they

822
00:40:56,120 --> 00:40:57,440
Speaker 19: will have success.

823
00:40:57,520 --> 00:40:58,360
Speaker 20: Before the five.

824
00:40:58,239 --> 00:41:01,080
Speaker 19: Days runs out, they may well find that the reward

825
00:41:01,120 --> 00:41:03,560
Speaker 19: closes off and they still haven't got what they need,

826
00:41:03,800 --> 00:41:05,480
Speaker 19: but they will have information in hand.

827
00:41:05,760 --> 00:41:08,440
Speaker 3: Karen, thank you so much. Really appreciate your time. Karen Rutherford,

828
00:41:08,440 --> 00:41:11,200
Speaker 3: News Hub Reporter. Let's deal with the blues next. We'll

829
00:41:11,200 --> 00:41:13,360
Speaker 3: talk to the head coach quarter past. Hey, are you

830
00:41:13,440 --> 00:41:16,160
Speaker 3: tired of stressing out because of worry and constant challenges

831
00:41:16,160 --> 00:41:19,799
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832
00:41:19,840 --> 00:41:22,080
Speaker 3: you the support to cope better. Rescue Remedy is a

833
00:41:22,120 --> 00:41:24,880
Speaker 3: natural general supplement. It's made with the thirty eight original

834
00:41:24,920 --> 00:41:28,720
Speaker 3: barkflower extracts and has been trusted by millions of people

835
00:41:28,719 --> 00:41:31,280
Speaker 3: worldwide since all the way back in the nineteen thirties.

836
00:41:31,520 --> 00:41:33,440
Speaker 3: If you're struggling to manage your well being, if you're

837
00:41:33,440 --> 00:41:36,080
Speaker 3: finding quality sleep amidst an overactive mind a little hard

838
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Speaker 3: to get, then Rescue Remedy, the original barflower remedy could

839
00:41:39,640 --> 00:41:42,880
Speaker 3: be your answer. Doesn't feel leave you feeling drowsy, It

840
00:41:42,960 --> 00:41:46,520
Speaker 3: isn't habit forming. Rescue Remedy is a natural product that

841
00:41:46,560 --> 00:41:50,239
Speaker 3: supports calmness and emotional balance. So take a moment and

842
00:41:50,400 --> 00:41:52,480
Speaker 3: ask for the one and only Rescue Remedy at your

843
00:41:52,480 --> 00:41:55,560
Speaker 3: local pharmacy or your health store. Remember always read the

844
00:41:55,600 --> 00:41:57,800
Speaker 3: label takers directed. If the symptoms persist, you need to

845
00:41:57,800 --> 00:42:00,799
Speaker 3: see your healthcare professional. Rescue Remedy brought to you by

846
00:42:00,840 --> 00:42:01,799
Speaker 3: Farmer Broker.

847
00:42:01,520 --> 00:42:04,000
Speaker 2: Auckland Heather du for Seller coming up.

848
00:42:04,000 --> 00:42:06,440
Speaker 3: Nineteen past five. Now we got to deal with the rugby.

849
00:42:06,480 --> 00:42:08,200
Speaker 3: If you were hoping to get yourself to Eden Park

850
00:42:08,239 --> 00:42:09,839
Speaker 3: for the Super Rugby Final this week, and you're out

851
00:42:09,840 --> 00:42:12,120
Speaker 3: of luck because the sold out signs are up. If

852
00:42:12,120 --> 00:42:14,160
Speaker 3: the Blues win, it will be their first proper Super

853
00:42:14,200 --> 00:42:16,399
Speaker 3: Rugby title since two thousand and three. But you can't

854
00:42:16,480 --> 00:42:19,920
Speaker 3: underestimate the Chiefs. They've already knocked over the top seeded Hurricanes.

855
00:42:20,400 --> 00:42:22,040
Speaker 3: Verncotta is the Blues head coach.

856
00:42:22,120 --> 00:42:24,200
Speaker 20: Hey Vern, Hi, Heather, how are you?

857
00:42:24,280 --> 00:42:25,360
Speaker 3: I'm okay. You nervous?

858
00:42:27,400 --> 00:42:28,719
Speaker 9: Yeah, a little bit. You have to be.

859
00:42:28,760 --> 00:42:30,759
Speaker 20: It keeps you on edge. So yeah, there's a little

860
00:42:30,800 --> 00:42:31,879
Speaker 20: bit of that there.

861
00:42:32,040 --> 00:42:34,920
Speaker 3: Are you worried because of that performance that the Chiefs

862
00:42:34,920 --> 00:42:35,880
Speaker 3: put in last weekend?

863
00:42:37,280 --> 00:42:39,480
Speaker 20: Yeah, I'm not worried. I'm probably more confident than I

864
00:42:39,520 --> 00:42:43,359
Speaker 20: am worried. I'm nervous because we want to do well.

865
00:42:43,360 --> 00:42:46,279
Speaker 20: And I think that's the key driver on this. All

866
00:42:46,280 --> 00:42:49,240
Speaker 20: the boys care about what they do. They love the jersey,

867
00:42:49,239 --> 00:42:51,960
Speaker 20: they love the club and they want to play well

868
00:42:51,960 --> 00:42:54,359
Speaker 20: for each other and for the people to support them.

869
00:42:54,400 --> 00:42:57,920
Speaker 20: So worried and the sense that we're wearin.

870
00:42:58,000 --> 00:42:59,000
Speaker 9: We're prepared.

871
00:43:00,160 --> 00:43:02,080
Speaker 20: Because we're seeing what the Chiefs have done in the

872
00:43:02,160 --> 00:43:03,920
Speaker 20: last couple of weeks, so we know it's a final

873
00:43:03,960 --> 00:43:07,600
Speaker 20: and finals have played with utmost intensity and desire. So

874
00:43:08,360 --> 00:43:13,280
Speaker 20: we've locked at in and the boys have trained well

875
00:43:13,520 --> 00:43:16,040
Speaker 20: at the beginning of the week and you know, hopefully

876
00:43:16,040 --> 00:43:18,239
Speaker 20: for the game will well, it won't go all the

877
00:43:18,239 --> 00:43:21,279
Speaker 20: way we want, but hopefully we can dominate enough to

878
00:43:21,280 --> 00:43:22,040
Speaker 20: come away with a win.

879
00:43:22,280 --> 00:43:23,759
Speaker 3: Do you reckon you're going to have the majority of

880
00:43:23,800 --> 00:43:25,520
Speaker 3: the people in the stands wearing blue?

881
00:43:26,760 --> 00:43:26,960
Speaker 5: Yeah?

882
00:43:27,000 --> 00:43:30,560
Speaker 20: I think so. I hope so, And you know, at

883
00:43:30,560 --> 00:43:32,480
Speaker 20: the end of the game, hopefully if they're wearing something else,

884
00:43:32,520 --> 00:43:33,160
Speaker 20: I put blue on.

885
00:43:35,600 --> 00:43:39,279
Speaker 3: What do you reckon about, like the fact that you're

886
00:43:39,280 --> 00:43:42,600
Speaker 3: playing at Eden Park? Is that pressure because it's Eden Park?

887
00:43:42,680 --> 00:43:45,200
Speaker 3: Or is it actually helpful because it is You're in Auckland,

888
00:43:45,200 --> 00:43:46,640
Speaker 3: You're it's a home home crowd.

889
00:43:47,440 --> 00:43:47,640
Speaker 21: Yeah.

890
00:43:47,640 --> 00:43:49,360
Speaker 20: I think there's the comfort of having the home crowd,

891
00:43:49,400 --> 00:43:53,399
Speaker 20: but also the home field and the familiarity around walking

892
00:43:53,400 --> 00:43:55,960
Speaker 20: in the chain shed and and I think it's a

893
00:43:55,960 --> 00:43:57,919
Speaker 20: great thing. But you know, the game is a game,

894
00:43:57,960 --> 00:44:02,080
Speaker 20: and it's a making uncertain and complex affair. So just

895
00:44:02,120 --> 00:44:04,239
Speaker 20: being able to adapt, having that comfort coming in, but

896
00:44:04,320 --> 00:44:06,400
Speaker 20: making sure that when we hit the track, we're going

897
00:44:06,440 --> 00:44:08,399
Speaker 20: to have to be ready for anything. Yeah.

898
00:44:08,680 --> 00:44:10,239
Speaker 3: There was an opinion piece last week. I think it

899
00:44:10,239 --> 00:44:12,040
Speaker 3: was gregle Paul who wrote it, who said that you

900
00:44:12,080 --> 00:44:14,560
Speaker 3: guys have to win for the sake of the game

901
00:44:14,600 --> 00:44:17,320
Speaker 3: in Auckland and therefore in the country, what do you reckon?

902
00:44:18,360 --> 00:44:21,520
Speaker 20: We went for a self fest and that's the players.

903
00:44:22,280 --> 00:44:25,120
Speaker 20: They know the history. But it's not about weighing yourself

904
00:44:25,160 --> 00:44:26,960
Speaker 20: down with too much pressure. Are those you won't be

905
00:44:27,000 --> 00:44:29,080
Speaker 20: able to play? Take the right off? You shoulders think

906
00:44:29,080 --> 00:44:31,040
Speaker 20: about the performance, Think about a game. Think how you

907
00:44:31,040 --> 00:44:34,360
Speaker 20: can beat your best with your teammates for eighty minutes

908
00:44:34,560 --> 00:44:36,280
Speaker 20: and the rest will take care of itself.

909
00:44:36,400 --> 00:44:38,080
Speaker 3: Hey, isn't it nice that we're going to have a

910
00:44:38,080 --> 00:44:40,480
Speaker 3: different champion from the Crusaders for the first time since

911
00:44:40,520 --> 00:44:41,240
Speaker 3: twenty sixteen.

912
00:44:42,880 --> 00:44:43,960
Speaker 9: Yeah, yeah, I guess so.

913
00:44:46,239 --> 00:44:48,360
Speaker 20: I don't really think too much about that either we're

914
00:44:48,400 --> 00:44:51,960
Speaker 20: worried about the Chiefs, but we're not really into philosophical thoughts.

915
00:44:52,239 --> 00:44:55,080
Speaker 20: We know that the Chiefs are a tough opponent and

916
00:44:55,160 --> 00:44:56,520
Speaker 20: we'll have to be at our best.

917
00:44:56,680 --> 00:44:59,759
Speaker 3: Good stuff and best of like vern Kotta Blues head coach. Right,

918
00:45:00,680 --> 00:45:03,160
Speaker 3: let's deal with the shambles that is Wellington City Council.

919
00:45:03,239 --> 00:45:04,200
Speaker 3: Next five twenty two.

920
00:45:04,840 --> 00:45:07,400
Speaker 1: The name you trust to get the answers you need,

921
00:45:07,600 --> 00:45:10,720
Speaker 1: Heather Dup to see Allen drive with one New Zealand.

922
00:45:10,880 --> 00:45:13,120
Speaker 2: Let's get connected and news talk as they'd be.

923
00:45:13,440 --> 00:45:15,520
Speaker 3: Heather, when are you interviewing the Chiefs, coach? Or have

924
00:45:15,600 --> 00:45:17,279
Speaker 3: I missed that? Dave? You haven't missed that. We're doing

925
00:45:17,280 --> 00:45:19,320
Speaker 3: that tomorrow. Stay tuned. It's just stay tune all the

926
00:45:19,320 --> 00:45:22,120
Speaker 3: way through until then and you'll hear at five twenty four. Now,

927
00:45:22,440 --> 00:45:24,960
Speaker 3: the shenanigans at Wellington City Council have now got so

928
00:45:25,120 --> 00:45:28,160
Speaker 3: bad that the local government ministers had to pipe up

929
00:45:28,200 --> 00:45:29,799
Speaker 3: and get involved in this. This is the thing I've

930
00:45:29,800 --> 00:45:31,560
Speaker 3: been telling you about in the last few days. The

931
00:45:31,600 --> 00:45:34,719
Speaker 3: CEO at Wellington City Council decided she was god at

932
00:45:34,760 --> 00:45:38,480
Speaker 3: Babs Babs macarro and she decided to withhold information from

933
00:45:38,480 --> 00:45:43,640
Speaker 3: elected councils, and Simon Brown said he's quote appalled, and

934
00:45:43,680 --> 00:45:46,160
Speaker 3: then he said, quote the CEO is acting like a

935
00:45:46,200 --> 00:45:50,040
Speaker 3: politician when she should be acting like the CEO. Now

936
00:45:50,120 --> 00:45:52,799
Speaker 3: the CEO has withdrawn her decision and elected councilors are

937
00:45:52,840 --> 00:45:55,000
Speaker 3: able to get all the information they want, which is

938
00:45:55,520 --> 00:45:59,359
Speaker 3: exactly proper because hello democracy, now, come on, we are

939
00:45:59,520 --> 00:46:01,440
Speaker 3: way part us the point where the Minister could have

940
00:46:01,440 --> 00:46:03,359
Speaker 3: called the commissioners in on this lot, or at at

941
00:46:03,360 --> 00:46:06,120
Speaker 3: the very least called in a Crown monitor, because this

942
00:46:06,360 --> 00:46:11,120
Speaker 3: council is running the place into the ground. But I'll

943
00:46:11,120 --> 00:46:13,200
Speaker 3: tell you what, Simme and Brown, I Reckon is not

944
00:46:13,239 --> 00:46:15,359
Speaker 3: going to call in an intervention because it's too high

945
00:46:15,440 --> 00:46:17,680
Speaker 3: risk for him. I mean, I can understand exactly why

946
00:46:17,680 --> 00:46:20,240
Speaker 3: he wouldn't want to write to anyone not closely following

947
00:46:20,280 --> 00:46:22,520
Speaker 3: what's going on with Wellington City Council. If he calls

948
00:46:22,520 --> 00:46:24,279
Speaker 3: in an intervention, it's just going to look like the

949
00:46:24,360 --> 00:46:27,640
Speaker 3: National Party guy shutting down the country's only green mayor

950
00:46:27,880 --> 00:46:30,719
Speaker 3: and shutting down the country's most left leaning council. It'll

951
00:46:30,760 --> 00:46:34,160
Speaker 3: just become straight politics for most people. That council and

952
00:46:34,239 --> 00:46:37,160
Speaker 3: Tory Farno are the poster to children of the Left

953
00:46:37,320 --> 00:46:40,160
Speaker 3: and Tory, don't forget, has actually publicly made an enemy

954
00:46:40,200 --> 00:46:42,160
Speaker 3: of Simmy and Brown even before the Nats got elected.

955
00:46:42,200 --> 00:46:44,560
Speaker 3: She called him out personally. So it's way too high risk.

956
00:46:44,800 --> 00:46:47,120
Speaker 3: Means he needs to tread really carefully. Plus, if the

957
00:46:47,160 --> 00:46:50,640
Speaker 3: commissioners prove unpopular, which they sometimes do, just look at Torunger.

958
00:46:50,880 --> 00:46:53,319
Speaker 3: He will be the one that's blamed for it. But

959
00:46:53,360 --> 00:46:58,360
Speaker 3: more importantly, why stop them? Tory and her mates on

960
00:46:58,440 --> 00:47:02,200
Speaker 3: Wellington City Council are doing so much damaged the perception

961
00:47:02,280 --> 00:47:05,279
Speaker 3: of whether the Green Party can run anything. How many

962
00:47:05,360 --> 00:47:08,280
Speaker 3: of us around the country are sitting in our various

963
00:47:08,280 --> 00:47:11,280
Speaker 3: parts of the world looking down at Wellington and going whoop.

964
00:47:12,080 --> 00:47:14,279
Speaker 3: There's a big old lesson in electing people who've got

965
00:47:14,280 --> 00:47:16,680
Speaker 3: some nice ideas because they care about the climate, et cetera,

966
00:47:16,800 --> 00:47:20,560
Speaker 3: but they have absolutely no idea. This is in fact

967
00:47:20,680 --> 00:47:22,759
Speaker 3: so bad for the Green Party what's going on in

968
00:47:22,800 --> 00:47:26,120
Speaker 3: Wellington that even members of the Green Party are trying

969
00:47:26,120 --> 00:47:27,920
Speaker 3: to cut Tory Faro loose because that want to be

970
00:47:27,960 --> 00:47:30,720
Speaker 3: tainted by this nonsense. So why would Simeon Brown intervene

971
00:47:30,760 --> 00:47:34,640
Speaker 3: on that? As they say, never stop your enemy when

972
00:47:34,640 --> 00:47:35,760
Speaker 3: they're making a mistake.

973
00:47:36,520 --> 00:47:39,080
Speaker 2: Ever du for see Ellen Simeon is in.

974
00:47:38,960 --> 00:47:41,200
Speaker 3: Fact with us just after the headlines, will be with

975
00:47:41,280 --> 00:47:43,200
Speaker 3: us in about twelve minutes time. We'll ask him about

976
00:47:43,239 --> 00:47:46,880
Speaker 3: that now and listen to the interview because I guarantee

977
00:47:46,920 --> 00:47:48,600
Speaker 3: you I'm going to press him on whether he'll call

978
00:47:48,640 --> 00:47:50,920
Speaker 3: the intervention, and I'll bet you at no point will

979
00:47:50,920 --> 00:47:53,399
Speaker 3: he say he will, So just have a listen. Anyway, Listen,

980
00:47:53,480 --> 00:47:55,200
Speaker 3: I was telling you, I reckon, we might have found

981
00:47:55,200 --> 00:47:57,880
Speaker 3: the worst recycler in the country. It's a household in Ashburton.

982
00:47:57,920 --> 00:48:01,000
Speaker 3: Get a load of this. Okay, This lot have apparently

983
00:48:01,040 --> 00:48:04,160
Speaker 3: been using the yellow recycling bin as the rubbish bin

984
00:48:04,360 --> 00:48:07,160
Speaker 3: right they were doing it. The council was doing an audit.

985
00:48:07,200 --> 00:48:08,960
Speaker 3: They found these guys were doing it for two weeks,

986
00:48:09,239 --> 00:48:12,960
Speaker 3: so the council confiscated the yellow recycling bin. This family

987
00:48:13,040 --> 00:48:15,600
Speaker 3: just get themselves another one nick week there's another yellow

988
00:48:15,600 --> 00:48:18,640
Speaker 3: recycling bin who knows, But not only that, while they're

989
00:48:18,680 --> 00:48:21,240
Speaker 3: at it, they go and get themselves another two extra

990
00:48:21,320 --> 00:48:24,080
Speaker 3: red rubbish bins. So now they've got one yellow recycling

991
00:48:24,080 --> 00:48:27,440
Speaker 3: bin and three red rubbish bins out on for Coopcibe collection,

992
00:48:27,560 --> 00:48:30,239
Speaker 3: all at the same time. So the council confiscates the

993
00:48:30,239 --> 00:48:32,280
Speaker 3: two red rubbish bins, so they're just back to the original.

994
00:48:32,880 --> 00:48:35,560
Speaker 3: They go to the resident, want to talk to the resident,

995
00:48:35,960 --> 00:48:38,960
Speaker 3: what's up. The resident was quote extremely abusive to the

996
00:48:39,000 --> 00:48:42,759
Speaker 3: audit team and collection contractor. The contractor decided that the

997
00:48:42,880 --> 00:48:47,600
Speaker 3: usual education approach for incorrect recycling practices was unachievable, so

998
00:48:47,640 --> 00:48:49,600
Speaker 3: they basically just left them to it. And now when

999
00:48:49,640 --> 00:48:52,000
Speaker 3: the rubbish trucks come past, they treat all bins put

1000
00:48:52,000 --> 00:48:54,760
Speaker 3: out by that house as rubbish bins, not recycling bins.

1001
00:48:55,120 --> 00:48:57,600
Speaker 3: The incident was at the extreme worst end of the scale.

1002
00:48:57,920 --> 00:48:59,040
Speaker 3: Headline's next.

1003
00:49:00,680 --> 00:49:03,239
Speaker 1: On your smart speaker, on the iHeart app and in

1004
00:49:03,320 --> 00:49:05,919
Speaker 1: your car on your drive home, Heather due to see

1005
00:49:05,920 --> 00:49:09,360
Speaker 1: allan drive with one New Zealand let's get connected and.

1006
00:49:09,400 --> 00:49:12,040
Speaker 2: News talk as they'd be now.

1007
00:49:13,760 --> 00:49:17,280
Speaker 3: Bankcard not the hul fanning by Mark Sainsbury. David Barrow

1008
00:49:17,320 --> 00:49:19,600
Speaker 3: with us this evening. I am well into what Chris

1009
00:49:19,600 --> 00:49:22,080
Speaker 3: penk is doing at the moment. He is the Minister

1010
00:49:22,160 --> 00:49:25,360
Speaker 3: for Building and Construction taking another look at whether we

1011
00:49:25,440 --> 00:49:28,400
Speaker 3: need to change the way we're managing those earthquake prone buildings,

1012
00:49:28,400 --> 00:49:30,640
Speaker 3: whether we need to free up the legislation and the regulation.

1013
00:49:30,719 --> 00:49:33,680
Speaker 3: I mean, obviously we do. Come on look around Wellington.

1014
00:49:33,719 --> 00:49:36,480
Speaker 3: How many buildings are sitting there empty. It's completely stuffed

1015
00:49:36,480 --> 00:49:38,439
Speaker 3: the place up. I mean, between that and what else

1016
00:49:38,520 --> 00:49:41,839
Speaker 3: is going on with the council, it's complete shambles here.

1017
00:49:41,880 --> 00:49:44,560
Speaker 3: The why would that council in Ashburton just let people

1018
00:49:44,600 --> 00:49:48,120
Speaker 3: dump their rubbish anyway? Such a good question, because that's

1019
00:49:48,160 --> 00:49:50,640
Speaker 3: the moral of the story. The moral of the story

1020
00:49:50,719 --> 00:49:53,240
Speaker 3: is that the worst recycler in New Zealand gets away

1021
00:49:53,320 --> 00:49:55,480
Speaker 3: with it, and what does the council do? Like they win.

1022
00:49:56,040 --> 00:49:58,399
Speaker 3: The recycler wins because the council goes, oh, there's nothing

1023
00:49:58,480 --> 00:50:00,560
Speaker 3: we can do about it. Therefore, every single they've got

1024
00:50:00,560 --> 00:50:02,839
Speaker 3: outside their house as a red bin, it's a rubbish bin.

1025
00:50:03,160 --> 00:50:05,520
Speaker 3: Now they've got two rubbish bins. I want two rubbish bins.

1026
00:50:05,560 --> 00:50:08,359
Speaker 3: I want two rubbish bins instead of one rubbish bin

1027
00:50:08,400 --> 00:50:11,480
Speaker 3: and a recycling bin. But I don't think I'm going

1028
00:50:11,520 --> 00:50:13,600
Speaker 3: to get away with it because I don't live in Ashburden.

1029
00:50:14,280 --> 00:50:16,600
Speaker 3: I live in Auckland. But that's the moral of the story.

1030
00:50:16,640 --> 00:50:18,520
Speaker 3: Behave badly enough and they just give up. That's not

1031
00:50:18,600 --> 00:50:20,680
Speaker 3: very good. It's not a good example. Twenty three away

1032
00:50:20,680 --> 00:50:24,960
Speaker 3: from six ever do for see Ellen's Wellington council boss

1033
00:50:25,000 --> 00:50:27,800
Speaker 3: Barbara mccero has come under fire for threatening to withhold

1034
00:50:27,840 --> 00:50:32,360
Speaker 3: information from elected counselors. Now after media coverage, she withdrew

1035
00:50:32,400 --> 00:50:37,200
Speaker 3: the threat quite rightly. Simeon Brown is the Local Government Minister. Hi, Simeon,

1036
00:50:37,640 --> 00:50:39,799
Speaker 3: good evening. I mean, this is in the territory now

1037
00:50:39,840 --> 00:50:41,560
Speaker 3: where you could really call in the commissioners or a

1038
00:50:41,560 --> 00:50:42,560
Speaker 3: Crown monitor, couldn't you.

1039
00:50:44,040 --> 00:50:46,279
Speaker 22: Well, we've made our views very clear that they need

1040
00:50:46,320 --> 00:50:48,719
Speaker 22: to look at their policy. They've said they will. We're

1041
00:50:48,800 --> 00:50:51,719
Speaker 22: keeping a very close eye on this issue and my

1042
00:50:51,800 --> 00:50:54,920
Speaker 22: expectation is that councilors in Wellington have provided the information

1043
00:50:55,000 --> 00:50:57,760
Speaker 22: they need going into making a decision on the LTP.

1044
00:50:58,719 --> 00:51:01,279
Speaker 3: I read in one of the local papers today that

1045
00:51:01,360 --> 00:51:03,680
Speaker 3: if Wellington It's been said that if Wellington City Council

1046
00:51:03,680 --> 00:51:07,719
Speaker 3: cannot pass its long term plan then ministers will consider intervention.

1047
00:51:08,200 --> 00:51:11,160
Speaker 22: Will you Well, that is obviously a significant issue if

1048
00:51:11,160 --> 00:51:14,120
Speaker 22: they can't pass their long term plan. But the point

1049
00:51:14,160 --> 00:51:16,560
Speaker 22: that I've been making in terms of this issue is

1050
00:51:16,600 --> 00:51:20,120
Speaker 22: that the CEO of the council needs to realize that

1051
00:51:20,160 --> 00:51:23,319
Speaker 22: she is not elected and that the councilors and the

1052
00:51:23,360 --> 00:51:26,160
Speaker 22: mayor is, and that she needs to make sure they

1053
00:51:26,200 --> 00:51:29,120
Speaker 22: have all of the information needed so that they can

1054
00:51:29,320 --> 00:51:31,279
Speaker 22: make the decision they need to make on their long

1055
00:51:31,360 --> 00:51:34,719
Speaker 22: term plan. That is of critical importance to democracy in

1056
00:51:34,760 --> 00:51:37,479
Speaker 22: New Zealand and CEOs of councils should not be acting

1057
00:51:37,480 --> 00:51:37,919
Speaker 22: in this way.

1058
00:51:38,040 --> 00:51:40,560
Speaker 3: Do you believe that this is a widespread problem wider

1059
00:51:40,600 --> 00:51:43,160
Speaker 3: than just Wellington where you have we had these unelected

1060
00:51:43,160 --> 00:51:44,640
Speaker 3: officials who think they're the real boss.

1061
00:51:45,640 --> 00:51:48,480
Speaker 22: I am concerned about this issue in terms of some

1062
00:51:48,520 --> 00:51:52,200
Speaker 22: of the issues I've seen raised by some councilors across

1063
00:51:52,200 --> 00:51:56,200
Speaker 22: the country, in terms of where there's been lack of

1064
00:51:56,200 --> 00:52:01,160
Speaker 22: information provided or in some cases decisions made, who prevent

1065
00:52:01,280 --> 00:52:04,839
Speaker 22: members councilors from actually voting on particular issues because they

1066
00:52:06,160 --> 00:52:09,080
Speaker 22: management or may forward the view that they've got a

1067
00:52:09,080 --> 00:52:11,200
Speaker 22: predetermined view. I think this is an issue that needs

1068
00:52:11,200 --> 00:52:13,399
Speaker 22: a wider look at, and I've asked officials to do.

1069
00:52:13,440 --> 00:52:15,960
Speaker 20: That because my view is very clear.

1070
00:52:16,560 --> 00:52:20,360
Speaker 22: Elected members are elected by the public to make decisions

1071
00:52:20,960 --> 00:52:24,720
Speaker 22: and the council staff are not. They are public servants.

1072
00:52:24,760 --> 00:52:28,080
Speaker 22: They are there to serve the elected members and am

1073
00:52:28,120 --> 00:52:30,759
Speaker 22: sure they have the information needed to make decisions.

1074
00:52:30,880 --> 00:52:33,120
Speaker 3: Listen to me and just back to Wellington. Okay. I

1075
00:52:33,400 --> 00:52:35,360
Speaker 3: can understand why you might not want to get yourself

1076
00:52:35,360 --> 00:52:37,040
Speaker 3: involved in something like this, because you're just going to

1077
00:52:37,040 --> 00:52:39,880
Speaker 3: get yourself self involved in trouble if you call intervention in.

1078
00:52:40,080 --> 00:52:43,400
Speaker 3: But do you not need to think about Wellington because

1079
00:52:43,440 --> 00:52:45,759
Speaker 3: it is I mean as being run into the ground

1080
00:52:45,800 --> 00:52:46,440
Speaker 3: by these people.

1081
00:52:47,760 --> 00:52:52,120
Speaker 22: Well I think about Wellington from a lot. I spend

1082
00:52:52,160 --> 00:52:53,080
Speaker 22: a lot of my time in.

1083
00:52:53,440 --> 00:52:55,600
Speaker 3: What's it going to take to call in some outside

1084
00:52:55,600 --> 00:52:57,160
Speaker 3: help because these people are not up to it.

1085
00:52:57,960 --> 00:52:59,719
Speaker 22: Well, look, I guess the point i'd make is we're

1086
00:52:59,760 --> 00:53:03,279
Speaker 22: keeping a very close eye on this issue. In terms

1087
00:53:03,320 --> 00:53:06,160
Speaker 22: of this, I have written to the council and there

1088
00:53:06,239 --> 00:53:08,200
Speaker 22: was willing in city Council in the past in terms

1089
00:53:08,200 --> 00:53:12,080
Speaker 22: of the issue around there what infrastructure, so there has

1090
00:53:12,160 --> 00:53:14,640
Speaker 22: been I have used those powers in the past. I

1091
00:53:14,680 --> 00:53:18,080
Speaker 22: would just make the point though, there's there's a process

1092
00:53:18,080 --> 00:53:19,839
Speaker 22: that is underway in terms of the long term plan,

1093
00:53:20,560 --> 00:53:23,680
Speaker 22: and in terms of that process, the councilors are elected,

1094
00:53:23,960 --> 00:53:27,440
Speaker 22: the mayor is elected to make decisions and they need

1095
00:53:27,480 --> 00:53:29,759
Speaker 22: to go through that process. And in the meantime, the

1096
00:53:29,800 --> 00:53:33,640
Speaker 22: council staff need to ensure that the councilors have all

1097
00:53:33,680 --> 00:53:35,759
Speaker 22: of the information that I need to have to make

1098
00:53:35,760 --> 00:53:38,160
Speaker 22: those decisions. They are elected to make those decisions. They

1099
00:53:38,160 --> 00:53:41,839
Speaker 22: have the democratic right to make those decisions. And the mayor,

1100
00:53:42,080 --> 00:53:44,560
Speaker 22: the council chief executive needs to realize she is not elected.

1101
00:53:44,640 --> 00:53:46,680
Speaker 3: Yeah too, right now, listen, quick word is your energy

1102
00:53:46,719 --> 00:53:49,520
Speaker 3: hat on on the power outage in Northland? How can

1103
00:53:49,560 --> 00:53:51,840
Speaker 3: we have one transmission tower falling over and then it

1104
00:53:51,840 --> 00:53:53,080
Speaker 3: cuts power to the whole region.

1105
00:53:54,120 --> 00:53:57,920
Speaker 22: Oh look, it's It's obviously incredibly concerning for Northland. I've

1106
00:53:57,920 --> 00:54:01,400
Speaker 22: been in touch with Transpower a couple of occasions. This afternoon.

1107
00:54:01,400 --> 00:54:03,160
Speaker 22: There's going to be a full investigation as to what

1108
00:54:03,280 --> 00:54:07,160
Speaker 22: happened here. The priority at the moment is restoring the

1109
00:54:07,280 --> 00:54:10,960
Speaker 22: power to Northland. There is another transmission line going up

1110
00:54:11,440 --> 00:54:14,600
Speaker 22: obviously won't be able to carry enough load for Northland.

1111
00:54:14,680 --> 00:54:17,080
Speaker 22: So tonight there'll be about two thirds of power restored

1112
00:54:18,239 --> 00:54:21,799
Speaker 22: and they are working to have power restored at the

1113
00:54:21,800 --> 00:54:23,799
Speaker 22: earliest fully by tomorrow night.

1114
00:54:24,560 --> 00:54:26,880
Speaker 3: Sime, and thank you so much, really appreciate time as always.

1115
00:54:26,880 --> 00:54:29,640
Speaker 3: Simm And Brown, local government minister, also the Energy Minister.

1116
00:54:29,760 --> 00:54:32,600
Speaker 3: What did I tell you not going to call an

1117
00:54:32,600 --> 00:54:34,799
Speaker 3: intervention in court? It nineteen to.

1118
00:54:34,800 --> 00:54:40,040
Speaker 1: Six the huddle with New Zealand Southerby's International Realty exceptional

1119
00:54:40,080 --> 00:54:42,040
Speaker 1: marketing for every property.

1120
00:54:41,640 --> 00:54:43,000
Speaker 3: Right on the huddle with me this evening I got

1121
00:54:43,040 --> 00:54:44,200
Speaker 3: David Farah and Mark Sainsbury.

1122
00:54:44,239 --> 00:54:45,680
Speaker 5: Are you two Hello?

1123
00:54:46,120 --> 00:54:46,719
Speaker 9: There you have it.

1124
00:54:46,719 --> 00:54:48,640
Speaker 3: We're going to come back to Wellington City Council because

1125
00:54:48,680 --> 00:54:50,840
Speaker 3: unfortunately both of you have a vested interest in that.

1126
00:54:51,360 --> 00:54:54,160
Speaker 3: First though, David on the GDP figure, what do you

1127
00:54:54,200 --> 00:54:54,560
Speaker 3: make of that?

1128
00:54:55,880 --> 00:54:57,840
Speaker 20: Well, it's a small relief.

1129
00:54:57,880 --> 00:55:00,640
Speaker 5: There is not negative, that's what people were at expecting.

1130
00:55:00,760 --> 00:55:05,040
Speaker 5: But it's pretty anemic and it just shows you they're

1131
00:55:05,080 --> 00:55:08,920
Speaker 5: commonly still in a weak stake and that's why things

1132
00:55:09,000 --> 00:55:11,920
Speaker 5: need to change. If we didn't have such big immigration

1133
00:55:12,040 --> 00:55:14,800
Speaker 5: growth coming in, we wouldn't have had positive GDP.

1134
00:55:15,239 --> 00:55:17,440
Speaker 3: Yeah, are you seeing it? Saying so, I'm seeing it

1135
00:55:17,440 --> 00:55:19,520
Speaker 3: when I walk around Auckland, I'm seeing the shops that

1136
00:55:19,560 --> 00:55:21,120
Speaker 3: are closed and the people who are having a half

1137
00:55:21,239 --> 00:55:22,560
Speaker 3: hard time. Is the same in Wellington.

1138
00:55:23,520 --> 00:55:25,960
Speaker 22: Yeah, and people just start to mean people aren't spending.

1139
00:55:26,040 --> 00:55:27,560
Speaker 22: That's part of the part of the problem.

1140
00:55:28,360 --> 00:55:30,560
Speaker 9: You know, government starts spending.

1141
00:55:30,120 --> 00:55:32,880
Speaker 22: Businesses are spending, consumers aren't spending.

1142
00:55:33,440 --> 00:55:34,560
Speaker 9: You know, where's it all going?

1143
00:55:34,600 --> 00:55:36,319
Speaker 20: There is that sense of God help us.

1144
00:55:36,320 --> 00:55:37,920
Speaker 22: When is it going to get better? You know it's

1145
00:55:37,960 --> 00:55:39,640
Speaker 22: too late to move to os.

1146
00:55:39,360 --> 00:55:44,319
Speaker 3: Yeah, what too late in life? Saying so, saying are

1147
00:55:44,360 --> 00:55:46,040
Speaker 3: you striking as a risk taker?

1148
00:55:47,360 --> 00:55:50,799
Speaker 22: Oh yes, yeah, yeah, yeah, yeah, but it's look, it's

1149
00:55:50,840 --> 00:55:54,120
Speaker 22: just frustration. It's like and Wellington getting back later. But

1150
00:55:54,160 --> 00:55:56,680
Speaker 22: it's just you know, every day is like another problem.

1151
00:55:56,719 --> 00:55:59,719
Speaker 22: You know, it gets that point you just think I

1152
00:55:59,760 --> 00:56:00,640
Speaker 22: don't care anymore.

1153
00:56:00,800 --> 00:56:03,840
Speaker 3: You know, too much, it is a little. It does

1154
00:56:03,920 --> 00:56:06,799
Speaker 3: weigh you down. David, I reckon, I just reckon. It's

1155
00:56:06,840 --> 00:56:09,560
Speaker 3: too dark to leave us here with the ocr where

1156
00:56:09,560 --> 00:56:11,399
Speaker 3: it is for too much longer. I reckon. They cut

1157
00:56:11,400 --> 00:56:14,040
Speaker 3: in November, what do you think, Well, it.

1158
00:56:14,040 --> 00:56:16,839
Speaker 5: Would be nice if they did, but the last lot

1159
00:56:16,880 --> 00:56:23,959
Speaker 5: of inflation results you had, non tradable inflation are still

1160
00:56:24,000 --> 00:56:27,040
Speaker 5: at nearly six percent annually. Yeah, and you just can't

1161
00:56:27,080 --> 00:56:30,440
Speaker 5: do that. This is the problem. Even though there are

1162
00:56:30,600 --> 00:56:34,799
Speaker 5: signs where their companies doing okay. People paying mortgages have

1163
00:56:34,880 --> 00:56:38,560
Speaker 5: had interest rates double, and some people haven't even had

1164
00:56:38,560 --> 00:56:42,680
Speaker 5: that hit yet because they're fixed term. Yeah, in interest

1165
00:56:42,760 --> 00:56:45,920
Speaker 5: rates aren't going to drop, you know, maybe November maybe fedry,

1166
00:56:45,960 --> 00:56:50,200
Speaker 5: but even then, so until those interest rates drop, we

1167
00:56:50,400 --> 00:56:52,520
Speaker 5: probably can't expect there's gonna be a lot of money

1168
00:56:52,560 --> 00:56:54,680
Speaker 5: for investing. And that is the whole point. This is

1169
00:56:54,719 --> 00:56:57,240
Speaker 5: why you don't want high inflation in the first place,

1170
00:56:57,560 --> 00:56:59,240
Speaker 5: because the solution is nasty.

1171
00:56:59,320 --> 00:57:00,880
Speaker 3: Yeah, it would have been nice. I have maybe like

1172
00:57:01,000 --> 00:57:03,799
Speaker 3: Adrian had read that. But in his manual when he

1173
00:57:04,040 --> 00:57:07,759
Speaker 3: let inflation get to this point? Oh was it not?

1174
00:57:08,080 --> 00:57:10,160
Speaker 3: Was it not drawn with pictures of trees and stuff

1175
00:57:10,200 --> 00:57:13,000
Speaker 3: like that? You wouldn't have got many of the picture book. Hey,

1176
00:57:13,080 --> 00:57:16,000
Speaker 3: what do you make saying zo of those climate change

1177
00:57:16,040 --> 00:57:18,520
Speaker 3: protesters who went and tagged Stonehenge, did they go to

1178
00:57:18,600 --> 00:57:19,200
Speaker 3: Father's time?

1179
00:57:20,400 --> 00:57:20,680
Speaker 9: Look?

1180
00:57:20,840 --> 00:57:22,640
Speaker 22: I mean you sort of thing, what is too far

1181
00:57:22,760 --> 00:57:24,880
Speaker 22: with anything? I mean my sort of thing is you

1182
00:57:24,880 --> 00:57:27,800
Speaker 22: shouldn't be hurting people. But then what is everything then

1183
00:57:27,880 --> 00:57:30,680
Speaker 22: fair game? And you know where do you draw the line?

1184
00:57:30,720 --> 00:57:33,760
Speaker 22: The thing I get with that really weren't be over

1185
00:57:33,760 --> 00:57:37,600
Speaker 22: the Stonehenge. It's such a significant historical sight and now

1186
00:57:37,640 --> 00:57:39,720
Speaker 22: trying to make their I mean, the one I did

1187
00:57:39,840 --> 00:57:41,160
Speaker 22: enjoy was the people who.

1188
00:57:41,000 --> 00:57:43,720
Speaker 9: Put the cartoon faces over.

1189
00:57:43,560 --> 00:57:46,200
Speaker 22: Prince Charles's portrait at the other day, because I had

1190
00:57:46,200 --> 00:57:47,400
Speaker 22: a perspect screen on it.

1191
00:57:47,520 --> 00:57:49,040
Speaker 9: So they made their.

1192
00:57:49,320 --> 00:57:52,240
Speaker 22: Point, and it was cleaned up a moment after.

1193
00:57:52,720 --> 00:57:54,480
Speaker 20: But yeah, there is a problem and it.

1194
00:57:54,480 --> 00:57:58,960
Speaker 22: Becomes negative at some point you end up just getting

1195
00:57:58,960 --> 00:58:01,080
Speaker 22: on everyone's.

1196
00:58:00,280 --> 00:58:02,720
Speaker 3: Yeah, and yet you know what I think, David I

1197
00:58:02,760 --> 00:58:04,440
Speaker 3: Reckon says, I was on to something. I reckon. These

1198
00:58:04,440 --> 00:58:06,800
Speaker 3: guys are just so irritating. You're not listening to their

1199
00:58:06,800 --> 00:58:09,360
Speaker 3: message anymore. You're just like, do you just think that dicks?

1200
00:58:10,360 --> 00:58:13,000
Speaker 5: Look, there was an they are There was an interesting

1201
00:58:13,120 --> 00:58:17,240
Speaker 5: interview where someone tried to adjume that actually go and

1202
00:58:17,360 --> 00:58:21,360
Speaker 5: talk to them. And the people involved in this just

1203
00:58:21,600 --> 00:58:25,920
Speaker 5: want to irritate people. They believe in all, not just this,

1204
00:58:26,160 --> 00:58:29,320
Speaker 5: cause they're involved in all the causes, and they're about

1205
00:58:29,400 --> 00:58:32,280
Speaker 5: protests for the sake of protests. They're not actually about

1206
00:58:33,000 --> 00:58:35,960
Speaker 5: making change. You know, did you really think the UK

1207
00:58:36,200 --> 00:58:40,600
Speaker 5: government going to suddenly announce zero by two thousand futy

1208
00:58:40,720 --> 00:58:42,880
Speaker 5: because you stray painted on stone Hinge.

1209
00:58:43,400 --> 00:58:43,560
Speaker 2: No.

1210
00:58:44,200 --> 00:58:46,440
Speaker 5: The nice thing about this, and I could say that

1211
00:58:46,440 --> 00:58:50,320
Speaker 5: though Stonehenges appears has its own Twitter account and it

1212
00:58:50,440 --> 00:58:53,960
Speaker 5: actually responded to the protests by saying the paint doesn't

1213
00:58:53,960 --> 00:58:57,040
Speaker 5: necessarily come out, and you've broken the law and you're

1214
00:58:57,040 --> 00:59:02,000
Speaker 5: all go to jail for a long time. Treasure.

1215
00:59:03,760 --> 00:59:05,800
Speaker 3: Yes, good I like that. That's a bit of a set.

1216
00:59:05,920 --> 00:59:07,240
Speaker 22: Did you see the age of them have it?

1217
00:59:07,600 --> 00:59:07,800
Speaker 21: Yeah?

1218
00:59:07,800 --> 00:59:09,240
Speaker 3: They were ancient, they should know better.

1219
00:59:09,400 --> 00:59:11,240
Speaker 22: No, no, No, one was twenty one and the other

1220
00:59:11,360 --> 00:59:12,240
Speaker 22: was seventy three.

1221
00:59:12,440 --> 00:59:13,840
Speaker 3: Oh yeah, well.

1222
00:59:13,680 --> 00:59:14,440
Speaker 2: What does that tell you?

1223
00:59:14,400 --> 00:59:15,919
Speaker 3: A Saints? Ooh, you're stupid at both.

1224
00:59:16,880 --> 00:59:17,760
Speaker 22: It's a broad spect.

1225
00:59:19,520 --> 00:59:21,080
Speaker 3: That's right. All right, we'll take a break with you

1226
00:59:21,120 --> 00:59:23,320
Speaker 3: to come back and talk about Wellington City Council. It's

1227
00:59:23,360 --> 00:59:25,080
Speaker 3: fourteen away from six the.

1228
00:59:25,080 --> 00:59:29,760
Speaker 1: Huddle with New Zealand Southby's International Realty exceptional marketing for

1229
00:59:29,880 --> 00:59:30,680
Speaker 1: every property.

1230
00:59:31,000 --> 00:59:33,919
Speaker 3: Back with the Huddle, Mark Sainsbury, David Farrer, Mark, what

1231
00:59:34,000 --> 00:59:36,400
Speaker 3: do you reckon? Is it time for Wellington City Council

1232
00:59:36,440 --> 00:59:38,280
Speaker 3: to have the big boys called in on them and

1233
00:59:38,320 --> 00:59:39,320
Speaker 3: the grown ups take over?

1234
00:59:40,560 --> 00:59:43,640
Speaker 22: No? No, I mean look, I think it's getting fast

1235
00:59:43,640 --> 00:59:48,560
Speaker 22: towards that. But it's a pretty huge thing to dump

1236
00:59:48,600 --> 00:59:51,200
Speaker 22: for council. It's got to be, you know, and I

1237
00:59:51,200 --> 00:59:53,840
Speaker 22: think I think you were said pretty right earlier on

1238
00:59:54,160 --> 00:59:56,560
Speaker 22: you know what the result would be politically, You'd probably

1239
00:59:56,600 --> 00:59:59,280
Speaker 22: end up as a loser for them. There's a huge

1240
00:59:59,320 --> 01:00:02,000
Speaker 22: frustration in Wellington at the moment. I've got a lot

1241
01:00:02,000 --> 01:00:04,960
Speaker 22: of friends in the hospitality sector and they're just I mean,

1242
01:00:04,960 --> 01:00:08,680
Speaker 22: they're just weaking. You know, it is just And because

1243
01:00:08,680 --> 01:00:11,320
Speaker 22: he doesn't appear to be any sort of cohesive plan,

1244
01:00:11,440 --> 01:00:13,760
Speaker 22: I know that. And this is the big next thing

1245
01:00:13,880 --> 01:00:15,600
Speaker 22: is going to be the big three year plan. It's

1246
01:00:15,600 --> 01:00:17,840
Speaker 22: supposed to be getting signed off and all the supports

1247
01:00:17,920 --> 01:00:20,960
Speaker 22: crumbling and yeah, I mean I can see where you're

1248
01:00:20,960 --> 01:00:23,840
Speaker 22: coming from, either, what are you regal?

1249
01:00:24,440 --> 01:00:27,360
Speaker 3: Yeah, look, I agree. I obviously agree with Mark on

1250
01:00:27,400 --> 01:00:29,600
Speaker 3: this one, David that it is very high risk stuff

1251
01:00:29,600 --> 01:00:31,200
Speaker 3: for the minister to do it. But are we at

1252
01:00:31,240 --> 01:00:32,880
Speaker 3: that point yet or do we only get to the

1253
01:00:32,920 --> 01:00:34,720
Speaker 3: point if they can't pass the plan?

1254
01:00:36,040 --> 01:00:38,200
Speaker 5: Yeah, I think that's the sort of thing that triggers

1255
01:00:38,200 --> 01:00:42,080
Speaker 5: an intervenure. Just making bad decisions and being led round

1256
01:00:42,080 --> 01:00:46,720
Speaker 5: by the CEO and not being unified isn't actually enough.

1257
01:00:46,760 --> 01:00:50,520
Speaker 5: It's called democracy. You get what you're voted for. Wellingtonian's

1258
01:00:50,560 --> 01:00:53,480
Speaker 5: had three choices from here at the last election. They

1259
01:00:53,560 --> 01:00:57,880
Speaker 5: had lots of candidates to choose for the awards and

1260
01:00:57,920 --> 01:01:01,480
Speaker 5: the result is what we've got to view. It's not

1261
01:01:01,680 --> 01:01:05,000
Speaker 5: all the counselors. There is obviously a cultural problem at

1262
01:01:05,000 --> 01:01:08,200
Speaker 5: the council where the sea is trying to hide information

1263
01:01:08,600 --> 01:01:13,680
Speaker 5: or restrict it to the council and that's not just

1264
01:01:13,880 --> 01:01:16,320
Speaker 5: unique to Wellington. So I actually do think the government

1265
01:01:16,440 --> 01:01:19,880
Speaker 5: does need to move that regard and make it very

1266
01:01:19,920 --> 01:01:23,440
Speaker 5: clear that seeds can't tell counselors.

1267
01:01:23,520 --> 01:01:25,880
Speaker 3: No, yeah, absolutely, yeah.

1268
01:01:26,720 --> 01:01:28,400
Speaker 22: I was going to say part of the whole breakdown

1269
01:01:28,440 --> 01:01:31,560
Speaker 22: too was and sad because Ben McNulty I was on

1270
01:01:32,000 --> 01:01:33,919
Speaker 22: Nick Mills with them last week and he was telling

1271
01:01:34,040 --> 01:01:36,240
Speaker 22: us about how, you know, during the discussions and the

1272
01:01:36,280 --> 01:01:38,280
Speaker 22: pressure was coming on them, the sort of you know,

1273
01:01:38,800 --> 01:01:42,680
Speaker 22: the share sale, this top lawyer was brought and who

1274
01:01:42,720 --> 01:01:46,160
Speaker 22: basically told them that all be financially liable if they

1275
01:01:46,240 --> 01:01:49,840
Speaker 22: don't vote for it, and the councilor's box go, you.

1276
01:01:49,800 --> 01:01:52,600
Speaker 3: Know, and the top lawyer was paid for by.

1277
01:01:52,480 --> 01:01:56,320
Speaker 22: Whom I presend have been paid for by the.

1278
01:01:56,440 --> 01:01:59,920
Speaker 3: Council staff, trying to heavy the elected counselors again.

1279
01:01:59,800 --> 01:02:05,480
Speaker 22: Right, yeah, they were really dirty honesty tried to get

1280
01:02:05,520 --> 01:02:07,360
Speaker 22: a copy of it and you know, yeah.

1281
01:02:07,160 --> 01:02:09,320
Speaker 3: No, the whole thing sounds like an absolute disaster. Saying

1282
01:02:09,360 --> 01:02:12,120
Speaker 3: so Toma Portucker, who is the Conservation Minister, says we're

1283
01:02:12,120 --> 01:02:13,760
Speaker 3: not going to be able to save every species. Were

1284
01:02:13,760 --> 01:02:15,439
Speaker 3: basically because it's going to just cost too much money

1285
01:02:15,440 --> 01:02:16,880
Speaker 3: and we need to decide where we want to put

1286
01:02:16,880 --> 01:02:17,400
Speaker 3: our attention.

1287
01:02:17,640 --> 01:02:21,240
Speaker 22: Is he right, Well, that's what they're doing at the moment.

1288
01:02:21,320 --> 01:02:22,160
Speaker 9: I mean it was interesting.

1289
01:02:22,200 --> 01:02:23,520
Speaker 22: I went back and had a look at that that,

1290
01:02:23,720 --> 01:02:25,400
Speaker 22: you know, the report that did to the un on

1291
01:02:25,600 --> 01:02:27,960
Speaker 22: extinct So there was another report out last year which

1292
01:02:28,000 --> 01:02:31,280
Speaker 22: said that stats have to do the extinctions threatened the

1293
01:02:31,320 --> 01:02:35,120
Speaker 22: case it we'd said seventy five percent of indigenous reptile birds, bats,

1294
01:02:35,120 --> 01:02:38,920
Speaker 22: and fresh water pressure at risk. Look, we know you

1295
01:02:38,960 --> 01:02:41,400
Speaker 22: cannot save everything. I mean, that's that goes with that saying.

1296
01:02:41,440 --> 01:02:42,560
Speaker 22: But I think that's what they do.

1297
01:02:42,480 --> 01:02:43,000
Speaker 2: At the moment.

1298
01:02:43,640 --> 01:02:45,880
Speaker 22: I think they've got about a four hundred and six

1299
01:02:46,360 --> 01:02:50,840
Speaker 22: particularly endangered species that they concentrate on. Yeah, but you know,

1300
01:02:50,920 --> 01:02:52,920
Speaker 22: you get onto the saying, oh they're stopping on motorway

1301
01:02:52,960 --> 01:02:55,480
Speaker 22: because there's a couple of snails in the way and

1302
01:02:55,520 --> 01:02:57,680
Speaker 22: this sort of thing. You know, that sort of plays

1303
01:02:57,720 --> 01:03:01,360
Speaker 22: into the Shane Jones handbook. But we do have to

1304
01:03:01,400 --> 01:03:03,920
Speaker 22: protect our environment and this is our our you know,

1305
01:03:04,000 --> 01:03:06,040
Speaker 22: this is our tingure and we need to we need

1306
01:03:06,080 --> 01:03:07,840
Speaker 22: to protect it. So, yeah, it's a bit.

1307
01:03:07,720 --> 01:03:08,440
Speaker 9: Of a worry where the.

1308
01:03:08,440 --> 01:03:11,120
Speaker 22: Budget cuts for dot but then so they are for

1309
01:03:11,240 --> 01:03:12,160
Speaker 22: ever everyone else.

1310
01:03:12,320 --> 01:03:14,600
Speaker 3: Yeah, I mean, David, people are getting really upset about

1311
01:03:14,640 --> 01:03:17,280
Speaker 3: that about his comment, But his comment is just that

1312
01:03:17,400 --> 01:03:19,240
Speaker 3: is the reality of the situation, isn't it.

1313
01:03:19,760 --> 01:03:24,120
Speaker 5: Everything has a cost benefit analysis to it. Otherwise speed

1314
01:03:24,160 --> 01:03:28,400
Speaker 5: limits would be ten kilometers per hour. Houses would cost

1315
01:03:28,560 --> 01:03:30,920
Speaker 5: me well even more than they cost to world, like

1316
01:03:31,040 --> 01:03:35,000
Speaker 5: five million dollars to have the best safety standard. We

1317
01:03:35,040 --> 01:03:41,480
Speaker 5: actually have eighty thousand species in New Zealand. Biodiversity is important.

1318
01:03:41,560 --> 01:03:46,000
Speaker 5: I think it should be a priority, especially with birds

1319
01:03:46,120 --> 01:03:51,840
Speaker 5: and animals, but it's just common sense. You can't guarantee

1320
01:03:53,280 --> 01:03:56,040
Speaker 5: that every species will be saved for all time because

1321
01:03:56,080 --> 01:03:58,800
Speaker 5: that's not actually how the world works for us.

1322
01:03:58,440 --> 01:04:01,200
Speaker 3: That's true. Actually, hey guys, it's always a pleasure to

1323
01:04:01,200 --> 01:04:02,440
Speaker 3: talk to the pair of you. Thank you so much

1324
01:04:02,440 --> 01:04:04,480
Speaker 3: and best of luck with your counsel. David Farreh and

1325
01:04:04,520 --> 01:04:07,000
Speaker 3: Mark Sainsbury seven away from six, on.

1326
01:04:07,040 --> 01:04:09,720
Speaker 1: Your smart speaker, on the iHeart app and in your

1327
01:04:09,720 --> 01:04:10,240
Speaker 1: car on.

1328
01:04:10,200 --> 01:04:11,000
Speaker 2: Your drive home.

1329
01:04:11,320 --> 01:04:15,680
Speaker 1: Heather Duplicy allan drive with one New Zealand one Giant

1330
01:04:15,760 --> 01:04:18,320
Speaker 1: Leap for Business News Talk SEBB.

1331
01:04:18,440 --> 01:04:21,320
Speaker 3: Four away from six. Heather, regarding the rubbish bins When

1332
01:04:21,360 --> 01:04:22,920
Speaker 3: I lived in London. I was a little bit naughty

1333
01:04:22,960 --> 01:04:24,479
Speaker 3: one week and we put a bunch of old bricks

1334
01:04:24,520 --> 01:04:26,680
Speaker 3: into the bin, like twenty of them, and when it

1335
01:04:26,720 --> 01:04:28,600
Speaker 3: was emptied into the truck it made a huge noise

1336
01:04:28,640 --> 01:04:31,200
Speaker 3: and the driver shouted general curses into the neighborhood air.

1337
01:04:31,280 --> 01:04:34,080
Speaker 3: He didn't pick up our rubbish for two months, which

1338
01:04:34,160 --> 01:04:38,400
Speaker 3: was four empties. Must have been fortnightly. Wife was rather cross.

1339
01:04:38,480 --> 01:04:40,520
Speaker 3: Never did it again, and maybe Ashburton should follow that

1340
01:04:40,560 --> 01:04:43,120
Speaker 3: operational guidance. This is the thing about that Andy though.

1341
01:04:43,200 --> 01:04:46,840
Speaker 3: I feel like Ashburton took an assessment of old mate

1342
01:04:46,840 --> 01:04:48,920
Speaker 3: who was running all the bins, and just thought, if

1343
01:04:48,920 --> 01:04:51,200
Speaker 3: we don't pick up this guy's trash, isn't gonna dumput

1344
01:04:51,240 --> 01:04:52,400
Speaker 3: on the side of the road, Like he's gonna be

1345
01:04:52,440 --> 01:04:54,400
Speaker 3: one of those guys, do you know what I mean? So,

1346
01:04:55,040 --> 01:04:57,240
Speaker 3: I mean this is like, this is like a handbook

1347
01:04:57,280 --> 01:04:58,520
Speaker 3: for the rest of us. Right, if you don't want

1348
01:04:58,520 --> 01:05:00,040
Speaker 3: to do the recycling, you've just got to go. So

1349
01:05:00,120 --> 01:05:04,160
Speaker 3: you've got to really lean into being really bad, like

1350
01:05:04,400 --> 01:05:06,320
Speaker 3: really bad, because then they'll pack up your rubbish. But

1351
01:05:06,360 --> 01:05:09,000
Speaker 3: if you're just sort of like slightly bad, they're gonna

1352
01:05:09,160 --> 01:05:10,920
Speaker 3: they're not gonna get involved in it. Listen, there is

1353
01:05:10,920 --> 01:05:13,040
Speaker 3: a little bit of an update on just a little

1354
01:05:13,040 --> 01:05:14,960
Speaker 3: bit more to know about the Wellington situation.

1355
01:05:15,560 --> 01:05:15,840
Speaker 5: Now.

1356
01:05:16,600 --> 01:05:19,120
Speaker 3: The thing that Sammon Brown is quite concerned about is

1357
01:05:19,120 --> 01:05:20,640
Speaker 3: the possibility, which is what we were just talking to

1358
01:05:20,680 --> 01:05:23,040
Speaker 3: the huddle about the possibility that Wellington City Council is

1359
01:05:23,040 --> 01:05:24,880
Speaker 3: not going to be able to pass its next budget.

1360
01:05:25,640 --> 01:05:28,320
Speaker 3: They can only pass the next budget if they sell

1361
01:05:28,400 --> 01:05:30,600
Speaker 3: the airport shares, because that is how short they are

1362
01:05:30,640 --> 01:05:35,400
Speaker 3: on money. Now twisting this, apparently the Regional Council is

1363
01:05:35,480 --> 01:05:39,040
Speaker 3: considering buying the shares in the airport that Wellington City

1364
01:05:39,040 --> 01:05:43,360
Speaker 3: Council wants to share, wants to sell to help Wellington

1365
01:05:43,480 --> 01:05:46,160
Speaker 3: City Council. They had a meeting about it. They looked

1366
01:05:46,160 --> 01:05:47,840
Speaker 3: at the options. They're going to look at the options.

1367
01:05:48,440 --> 01:05:51,640
Speaker 3: It's a little contentious though, because apparently the councilors on

1368
01:05:51,760 --> 01:05:54,280
Speaker 3: the Regional Council are not keen right. One said they're

1369
01:05:54,280 --> 01:05:57,080
Speaker 3: not allowed to speak about it. They're gagged. Another said

1370
01:05:57,080 --> 01:05:59,120
Speaker 3: they believe the idea was cooked up as a bid

1371
01:05:59,160 --> 01:06:02,640
Speaker 3: to soothe tensions on the left. Now they have to

1372
01:06:02,640 --> 01:06:05,560
Speaker 3: be really careful here the Regional Council because the Wellington

1373
01:06:05,600 --> 01:06:08,320
Speaker 3: City Council is already a shambles. It is not the

1374
01:06:08,360 --> 01:06:10,920
Speaker 3: place of the regional Council to bail out the city

1375
01:06:10,960 --> 01:06:13,560
Speaker 3: Council by buying shares that they're trying to offload. The

1376
01:06:13,600 --> 01:06:15,360
Speaker 3: only time you buy those shares is if it's in

1377
01:06:15,400 --> 01:06:17,600
Speaker 3: your rate payers best interrists. If it's not in your

1378
01:06:17,680 --> 01:06:20,040
Speaker 3: ratepayers best interests, don't buy them because otherwise you're just

1379
01:06:20,080 --> 01:06:22,400
Speaker 3: doing that for political reasons, just to help the Left

1380
01:06:22,400 --> 01:06:24,560
Speaker 3: from soiling itself, and that's not you do not spend

1381
01:06:24,560 --> 01:06:26,800
Speaker 3: how much two hundred and seventy eight million dollars on

1382
01:06:26,840 --> 01:06:34,040
Speaker 3: that Chris pink nets.

1383
01:06:33,200 --> 01:06:37,960
Speaker 1: We're business inside the business hour, we'd hinder due to

1384
01:06:38,040 --> 01:06:40,680
Speaker 1: clan and my hr on News.

1385
01:06:40,960 --> 01:06:44,560
Speaker 3: B even in coming up to the next hour, we're

1386
01:06:44,600 --> 01:06:46,960
Speaker 3: halfway through the years of Sam Dickie's going to look

1387
01:06:46,960 --> 01:06:49,160
Speaker 3: at the investing environment for the second half compared to

1388
01:06:49,200 --> 01:06:51,200
Speaker 3: what we've already been through in the first half. Jamie

1389
01:06:51,280 --> 01:06:54,400
Speaker 3: McKay on why the rural contractors hate those median barriers

1390
01:06:54,400 --> 01:06:57,760
Speaker 3: and Liam dan on the GDP print seven past six.

1391
01:06:57,840 --> 01:06:59,600
Speaker 3: Now the government has launched a review into how we

1392
01:06:59,640 --> 01:07:03,400
Speaker 3: manage it earthquake prone buildings, the NBS system we currently

1393
01:07:03,480 --> 01:07:05,800
Speaker 3: use as run into controversy in recent years. For example,

1394
01:07:05,800 --> 01:07:07,640
Speaker 3: you may remember when a block at Hut Hospital was

1395
01:07:07,640 --> 01:07:10,080
Speaker 3: found a couple of years ago to be earthquake prone,

1396
01:07:10,080 --> 01:07:12,040
Speaker 3: so all the patients had to move out, and then

1397
01:07:12,080 --> 01:07:14,720
Speaker 3: it was apparently just the cladding panels that were earthquake prone,

1398
01:07:14,760 --> 01:07:16,360
Speaker 3: and then it turned out that even the panels were

1399
01:07:16,400 --> 01:07:18,680
Speaker 3: probably fine, and the patient's wall allowed to move back in.

1400
01:07:19,080 --> 01:07:21,560
Speaker 3: Chris pink is the Minister for Building and Construction and

1401
01:07:21,600 --> 01:07:25,480
Speaker 3: joins us. Now, hey, Chris Braving, The fact that you're

1402
01:07:25,480 --> 01:07:27,400
Speaker 3: doing this review says to me that you think the

1403
01:07:27,480 --> 01:07:29,000
Speaker 3: law is too onerous? Is that fair?

1404
01:07:30,240 --> 01:07:33,920
Speaker 23: Short answer? Yes, people have told us it's unworkable. A

1405
01:07:33,920 --> 01:07:37,800
Speaker 23: lot of cases people simply can't afford to remediate, but

1406
01:07:38,040 --> 01:07:41,000
Speaker 23: not necessarily allowed to do that in the way that

1407
01:07:41,040 --> 01:07:43,320
Speaker 23: they want or need. Sometimes they can't even demolish if

1408
01:07:43,320 --> 01:07:46,680
Speaker 23: there's a heritage status so complicated such a situation needs

1409
01:07:46,720 --> 01:07:49,160
Speaker 23: to changeing we're keen to make it easier for people.

1410
01:07:49,080 --> 01:07:53,280
Speaker 3: Is it I mean, is it too complicated, too inflexible,

1411
01:07:53,440 --> 01:07:55,640
Speaker 3: or is it too onerous or is it both?

1412
01:07:56,560 --> 01:07:57,680
Speaker 9: Yeah, look it might be both.

1413
01:07:57,960 --> 01:08:01,000
Speaker 23: I think the complicated nature of it is a major

1414
01:08:01,400 --> 01:08:04,240
Speaker 23: piece of weak that we need to attack. You referred

1415
01:08:04,280 --> 01:08:07,880
Speaker 23: to that situation of uncertainty with the City Hospital. Lots

1416
01:08:07,880 --> 01:08:10,800
Speaker 23: of other I get playing out all around New Zealand,

1417
01:08:11,400 --> 01:08:13,400
Speaker 23: and that's when you've got a bit of a dispute

1418
01:08:13,440 --> 01:08:16,680
Speaker 23: or misunderstanding about where things lie. But even just on

1419
01:08:16,720 --> 01:08:20,080
Speaker 23: the terms of the current measurance system, you've got a

1420
01:08:20,120 --> 01:08:24,639
Speaker 23: percentage and it's something like seven percent. You know, it's

1421
01:08:24,680 --> 01:08:27,559
Speaker 23: just barely on that top third. But then you've got

1422
01:08:27,560 --> 01:08:29,320
Speaker 23: people who say, well, that's not good enough for us

1423
01:08:29,320 --> 01:08:31,320
Speaker 23: to do because they're nervous about health and safety. What

1424
01:08:31,360 --> 01:08:34,040
Speaker 23: does that mean to their liability? And you've got other

1425
01:08:34,080 --> 01:08:36,280
Speaker 23: ones which might be say thirty five and that's it's

1426
01:08:36,280 --> 01:08:39,160
Speaker 23: above the line and actually it's authentibly okay, but doesn't

1427
01:08:39,160 --> 01:08:41,559
Speaker 23: sound too flesh. So we maybe need a bit of

1428
01:08:41,560 --> 01:08:44,240
Speaker 23: a cleaner, more straightforward system. So we're seeing if we

1429
01:08:44,280 --> 01:08:46,640
Speaker 23: can come up with something it's a bit more spacefuld

1430
01:08:46,680 --> 01:08:47,559
Speaker 23: for people to grapple with.

1431
01:08:47,760 --> 01:08:51,800
Speaker 3: Okay, something straightforward, but also would you consider lowering the

1432
01:08:51,840 --> 01:08:52,839
Speaker 3: standard of weabers?

1433
01:08:54,080 --> 01:08:57,479
Speaker 23: Yeah, well, I think what we've got to approach is

1434
01:08:57,720 --> 01:09:01,760
Speaker 23: the question from a cost being a foot ratio perspective,

1435
01:09:01,840 --> 01:09:04,679
Speaker 23: which I know will sound challenging for people who ask

1436
01:09:05,040 --> 01:09:08,280
Speaker 23: whether we're going to make it less safe, But I

1437
01:09:08,280 --> 01:09:10,320
Speaker 23: think at the moment we've got a scenario where we're

1438
01:09:10,640 --> 01:09:14,120
Speaker 23: very cautious, very conservative, and while we all love that idea,

1439
01:09:14,280 --> 01:09:16,519
Speaker 23: and the reality is what we're probably doing is protecting

1440
01:09:16,560 --> 01:09:19,799
Speaker 23: against buildings from being damaged, we need to protect against

1441
01:09:19,880 --> 01:09:22,439
Speaker 23: lives being lost. But below that we've got to accept that,

1442
01:09:22,600 --> 01:09:24,439
Speaker 23: you know, unless we want to pay you know, the

1443
01:09:24,479 --> 01:09:27,680
Speaker 23: million dollar per life saved or per building saved, then

1444
01:09:27,720 --> 01:09:29,400
Speaker 23: it's simply not stacking up, you know, I have to

1445
01:09:29,400 --> 01:09:31,200
Speaker 23: think about other things that we could spend that money

1446
01:09:31,200 --> 01:09:34,360
Speaker 23: on and save more lives. So just a Narali conversation

1447
01:09:34,400 --> 01:09:36,160
Speaker 23: that we've got to have. But the review set up

1448
01:09:36,160 --> 01:09:39,040
Speaker 23: to take into account everyone's views who wants to contribute,

1449
01:09:39,200 --> 01:09:40,920
Speaker 23: you know, along those lines, as well as getting into

1450
01:09:40,960 --> 01:09:43,000
Speaker 23: that detail around the technical stuff too.

1451
01:09:43,360 --> 01:09:45,719
Speaker 3: Do you think, just like on another note, but related,

1452
01:09:45,840 --> 01:09:47,760
Speaker 3: do you think that you need to do something about

1453
01:09:47,800 --> 01:09:50,840
Speaker 3: the empty buildings that are sitting around places like Wellington

1454
01:09:50,960 --> 01:09:53,960
Speaker 3: basically abandoned because the owners just can't be faft doing

1455
01:09:54,000 --> 01:09:55,040
Speaker 3: the earthquake strengthening.

1456
01:09:56,280 --> 01:09:58,400
Speaker 23: Yeah, I think it's a very fair question. There's an

1457
01:09:58,439 --> 01:10:01,120
Speaker 23: earthquake pro and element So that is also brought a

1458
01:10:01,200 --> 01:10:05,439
Speaker 23: question about you know, we're heavy handed if people leave

1459
01:10:06,080 --> 01:10:10,680
Speaker 23: buildings derialic because they can't be bothered sometimes overseas owners,

1460
01:10:10,760 --> 01:10:13,240
Speaker 23: but not necessarily. So that's all going to be within

1461
01:10:13,280 --> 01:10:15,840
Speaker 23: the scope of the review. So we're quite ambitious in

1462
01:10:15,880 --> 01:10:19,040
Speaker 23: terms of asking all those kind of hard questions. So

1463
01:10:19,080 --> 01:10:21,719
Speaker 23: we'll see what the review comes up with, but hopefully

1464
01:10:21,720 --> 01:10:23,600
Speaker 23: we can come up with something sensible because you know,

1465
01:10:23,640 --> 01:10:25,559
Speaker 23: the whole city and the whole community and the whole

1466
01:10:26,160 --> 01:10:28,960
Speaker 23: provincial town, as the case may be deserved other than

1467
01:10:29,080 --> 01:10:31,559
Speaker 23: just to have these derelict buildings and empty lots and

1468
01:10:31,760 --> 01:10:34,280
Speaker 23: partmenting us. You know, an I saw in a danger

1469
01:10:34,280 --> 01:10:36,320
Speaker 23: in themselves best. The irony, of course is that you

1470
01:10:36,400 --> 01:10:39,080
Speaker 23: have heritage protection, end up with something that you can't

1471
01:10:39,080 --> 01:10:42,000
Speaker 23: do anything with and it ends up becoming quite an

1472
01:10:42,040 --> 01:10:44,040
Speaker 23: I saw in the opposite of what we're trying to

1473
01:10:44,040 --> 01:10:45,040
Speaker 23: achieve with them A very good.

1474
01:10:44,960 --> 01:10:47,080
Speaker 3: Point, actually, Chris, thank you very much. Chris Pink, Minister

1475
01:10:47,120 --> 01:10:49,040
Speaker 3: for Building and Construction in case in point. Just what

1476
01:10:49,120 --> 01:10:51,240
Speaker 3: Chris was talking about was that building I forget the

1477
01:10:51,320 --> 01:10:53,600
Speaker 3: name of it on Welling in Wellington. That's next to

1478
01:10:53,640 --> 01:10:57,680
Speaker 3: the Old Ama Hotel where the reason that that is

1479
01:10:57,680 --> 01:11:00,160
Speaker 3: shut is because it's earthquake prone. So what happened? Some

1480
01:11:00,200 --> 01:11:02,759
Speaker 3: homeless guy makes his way and falls down three flights

1481
01:11:02,800 --> 01:11:05,360
Speaker 3: of stairs and gets hurt. So even the fact that

1482
01:11:05,400 --> 01:11:07,800
Speaker 3: it's just sitting there abandoned is now a dangerous thing

1483
01:11:07,840 --> 01:11:11,000
Speaker 3: as well. Heither if they are spending such significant money

1484
01:11:11,000 --> 01:11:13,160
Speaker 3: and resources trying to find this guy, this is the

1485
01:11:13,200 --> 01:11:15,600
Speaker 3: mater Corpa dad, and they genuinely have concerns for the

1486
01:11:15,680 --> 01:11:17,800
Speaker 3: children's welfare, why don't they stop mucking around and make

1487
01:11:17,840 --> 01:11:20,040
Speaker 3: the reward an irresistible amount of money, for example a

1488
01:11:20,040 --> 01:11:22,799
Speaker 3: million bucks. That's not a bad point because the amount

1489
01:11:22,840 --> 01:11:25,360
Speaker 3: of money, so that the reward is eighty thousand, But

1490
01:11:25,400 --> 01:11:27,000
Speaker 3: the amount of money that they will be spending on

1491
01:11:27,040 --> 01:11:29,920
Speaker 3: the police resources right the coppers being there instead of

1492
01:11:29,920 --> 01:11:31,439
Speaker 3: doing all the other things that they could be doing

1493
01:11:31,439 --> 01:11:34,280
Speaker 3: and should be doing, will be reasonably significant and probably

1494
01:11:34,280 --> 01:11:36,680
Speaker 3: into the several hundreds of thousands of dollars. So if

1495
01:11:36,720 --> 01:11:38,840
Speaker 3: not the millions, so fairpoint, why not just put in

1496
01:11:38,880 --> 01:11:42,040
Speaker 3: a whole lot of cash and get the goods now

1497
01:11:43,520 --> 01:11:47,559
Speaker 3: that stuff in investigation into the Chinese interference in our

1498
01:11:47,560 --> 01:11:52,680
Speaker 3: democracy has named another Chinese National Party NBA MP is

1499
01:11:52,720 --> 01:11:58,240
Speaker 3: being potentially problematic. It's the first terminalist MP Nancy Lou.

1500
01:11:58,960 --> 01:12:02,639
Speaker 3: Now what's gone on with this is that I think

1501
01:12:02,680 --> 01:12:05,120
Speaker 3: we've all sort of talked around this for a long time,

1502
01:12:05,160 --> 01:12:07,360
Speaker 3: but finally we are now at the point where we

1503
01:12:07,400 --> 01:12:11,559
Speaker 3: are calling Jiang Yang the former National MP and alleged

1504
01:12:11,720 --> 01:12:14,120
Speaker 3: Chinese spy. So we're just saying it out loud. Okay,

1505
01:12:14,320 --> 01:12:16,360
Speaker 3: So these guys have already fingered this is the stuff.

1506
01:12:16,400 --> 01:12:19,640
Speaker 3: Investigation have already fingered him as an alleged form as

1507
01:12:19,640 --> 01:12:22,720
Speaker 3: an alleged Chinese spy. They've gone back through some old

1508
01:12:22,760 --> 01:12:24,479
Speaker 3: interviews that he did. They found an interview that he

1509
01:12:24,520 --> 01:12:27,519
Speaker 3: did back in twenty twenty with the Chinese language media

1510
01:12:27,520 --> 01:12:31,200
Speaker 3: outlet PANNEDA TV thirty seven and Nancy Lou not yet

1511
01:12:31,240 --> 01:12:33,880
Speaker 3: a National MP, just a civilian at that point. Nancy

1512
01:12:33,920 --> 01:12:36,360
Speaker 3: Lou was with him in the studio and he says

1513
01:12:36,720 --> 01:12:40,120
Speaker 3: he had trained Nancy to stand for the National Party

1514
01:12:40,520 --> 01:12:43,240
Speaker 3: for a long time and he had kept its secret

1515
01:12:43,280 --> 01:12:46,679
Speaker 3: from his colleagues. And he says Nancy has taken over

1516
01:12:46,800 --> 01:12:52,479
Speaker 3: from me, which begs the question how like how taken over?

1517
01:12:53,040 --> 01:12:56,400
Speaker 3: For like how much? All the jobs or just the

1518
01:12:56,520 --> 01:12:58,120
Speaker 3: MP Jobs thirteen plus.

1519
01:12:58,080 --> 01:13:01,480
Speaker 2: Six, crunching the numbers and getting the results.

1520
01:13:01,680 --> 01:13:05,000
Speaker 1: It's Heather Duplicy Allen with the Business Hours thanks to

1521
01:13:05,120 --> 01:13:07,720
Speaker 1: my HR, the HR platform.

1522
01:13:07,240 --> 01:13:10,439
Speaker 2: For SME on US talks EDB. If it's to do

1523
01:13:10,560 --> 01:13:12,599
Speaker 2: with money, it matters to you.

1524
01:13:12,840 --> 01:13:16,639
Speaker 1: The Business Hour with Heather Duplicy Allen and my HR

1525
01:13:16,960 --> 01:13:19,559
Speaker 1: the HR platform for SME US talks EDB.

1526
01:13:19,840 --> 01:13:22,120
Speaker 3: Jamie McKay's with us in a ticket sixteen past six.

1527
01:13:22,520 --> 01:13:24,680
Speaker 3: We've broken out of recession officially. How good is that?

1528
01:13:24,680 --> 01:13:26,840
Speaker 3: But it's margin of era stuff. The economy grew zero

1529
01:13:26,880 --> 01:13:29,479
Speaker 3: point two percent in Q one. That's the upper end

1530
01:13:29,479 --> 01:13:32,240
Speaker 3: of expectations. Liam Dan's, the Herald's Business editor at large

1531
01:13:32,240 --> 01:13:33,160
Speaker 3: and with us Liam.

1532
01:13:32,960 --> 01:13:34,120
Speaker 9: Hello, good.

1533
01:13:34,160 --> 01:13:36,080
Speaker 3: I Heather got to take a win when we get one, right.

1534
01:13:37,040 --> 01:13:41,519
Speaker 20: I guess Look, I'm pretty downbeat about it. I think

1535
01:13:42,400 --> 01:13:44,679
Speaker 20: it's all about per capita, really, isn't it, in terms

1536
01:13:44,680 --> 01:13:46,960
Speaker 20: of how people are feeling on the ground. I basically

1537
01:13:47,040 --> 01:13:49,720
Speaker 20: don't want to be the guy shouting about, oh, it's

1538
01:13:49,760 --> 01:13:53,200
Speaker 20: all over when we know that it's not all over

1539
01:13:53,320 --> 01:13:55,240
Speaker 20: and that the next few months are going to be

1540
01:13:55,240 --> 01:13:59,360
Speaker 20: pretty tough. To me, it's really all about when those

1541
01:13:59,400 --> 01:14:02,639
Speaker 20: interestrates coming down, So you know, we could talk about

1542
01:14:02,720 --> 01:14:06,200
Speaker 20: February or May or September if you're the Reserve bank.

1543
01:14:06,240 --> 01:14:09,599
Speaker 20: But I think the idea of a downturn we're still

1544
01:14:09,720 --> 01:14:10,479
Speaker 20: very much in it.

1545
01:14:11,080 --> 01:14:13,040
Speaker 3: Yeah, I mean, I was, I was saying earlier, and

1546
01:14:13,080 --> 01:14:14,800
Speaker 3: I still think that whether they're going to move in

1547
01:14:14,880 --> 01:14:17,160
Speaker 3: November because of just how stuffed we are. But I mean,

1548
01:14:17,520 --> 01:14:20,120
Speaker 3: as somebody pointed out before, the inflation doesn't warrant that.

1549
01:14:20,320 --> 01:14:26,559
Speaker 20: Does it. It doesn't warrant in terms of yeah, well November. No,

1550
01:14:26,720 --> 01:14:28,720
Speaker 20: it doesn't yet. I mean, look, it could you could

1551
01:14:28,800 --> 01:14:31,640
Speaker 20: be quite right, and I hope you are that that

1552
01:14:32,040 --> 01:14:34,960
Speaker 20: because it's so bad, particularly in that services sector. We're

1553
01:14:34,960 --> 01:14:36,640
Speaker 20: seeing that coming off a bit of a cliff, and

1554
01:14:36,840 --> 01:14:38,920
Speaker 20: you know that that end of the economy that's you

1555
01:14:38,960 --> 01:14:41,360
Speaker 20: know that we really feel is where all that non

1556
01:14:41,400 --> 01:14:44,880
Speaker 20: tradable inflation was so. Non tradable inflation is sticky. It's

1557
01:14:44,880 --> 01:14:47,439
Speaker 20: something like five point eight percent, and tradeable, which is

1558
01:14:48,040 --> 01:14:50,320
Speaker 20: imported food and oil and stuff, is down one point

1559
01:14:50,439 --> 01:14:53,600
Speaker 20: six or something very low. The non tradable is the

1560
01:14:53,600 --> 01:14:56,800
Speaker 20: bad stuff. We know that people are afraid that it

1561
01:14:56,800 --> 01:14:59,240
Speaker 20: will stick there and will be But actually if the

1562
01:14:59,280 --> 01:15:02,519
Speaker 20: economy really tanks and you know in those areas that

1563
01:15:02,560 --> 01:15:05,200
Speaker 20: we saw today under the hood on the GDP, it

1564
01:15:05,280 --> 01:15:07,599
Speaker 20: could come away quite fast. So yeah, you're right. There's

1565
01:15:07,640 --> 01:15:11,400
Speaker 20: a few economists Tony Alexander and Kiwi Bank who still think,

1566
01:15:11,880 --> 01:15:14,639
Speaker 20: and some of the international ones capital economics and things

1567
01:15:14,880 --> 01:15:19,920
Speaker 20: still think November as possible. It confuses that having that

1568
01:15:20,280 --> 01:15:22,519
Speaker 20: zero point to growth. In some ways, it would have

1569
01:15:22,560 --> 01:15:25,080
Speaker 20: been cleaner if we'd actually gone, oh, it's really really terrible.

1570
01:15:25,120 --> 01:15:27,040
Speaker 20: The top line still down, we're still in recession.

1571
01:15:27,040 --> 01:15:30,160
Speaker 3: But hey, how many more inflation numbers do we get

1572
01:15:30,160 --> 01:15:32,240
Speaker 3: before November? We've got one in October, don't.

1573
01:15:32,040 --> 01:15:35,360
Speaker 20: We that's a good question. We must have two more,

1574
01:15:35,880 --> 01:15:37,120
Speaker 20: I think, yeah.

1575
01:15:37,120 --> 01:15:40,280
Speaker 3: Two more for it to come back and then and

1576
01:15:40,800 --> 01:15:41,400
Speaker 3: convince Adrian.

1577
01:15:41,479 --> 01:15:43,760
Speaker 20: Yeah, and as you know, we don't get we don't

1578
01:15:43,760 --> 01:15:47,720
Speaker 20: get the data quickly enough to really really give them

1579
01:15:47,800 --> 01:15:50,680
Speaker 20: much opportunity to turn around. They'll be nervous because you know,

1580
01:15:50,800 --> 01:15:54,000
Speaker 20: we can't control that tradeable So if you'll see in

1581
01:15:54,040 --> 01:15:57,840
Speaker 20: the UK that they've got the CPI inflation down around

1582
01:15:57,840 --> 01:15:59,920
Speaker 20: two percent and they're still not coming because they're not

1583
01:16:00,120 --> 01:16:03,040
Speaker 20: tradeable inflation is up around you know, five point eight

1584
01:16:03,120 --> 01:16:05,559
Speaker 20: six percent or something and that's the bit that reserve

1585
01:16:05,600 --> 01:16:08,920
Speaker 20: bank central banks can control. And so if you've got

1586
01:16:08,920 --> 01:16:10,880
Speaker 20: that up high and then you have an oil shock

1587
01:16:11,000 --> 01:16:13,799
Speaker 20: or something like that, then you're back into the horrible

1588
01:16:13,800 --> 01:16:17,639
Speaker 20: stagulation and everything. So you know, I understand why they're nervous.

1589
01:16:17,680 --> 01:16:22,080
Speaker 20: We want to see it, you know, squashed and killed off. Yeah,

1590
01:16:22,400 --> 01:16:23,559
Speaker 20: November hope, soy.

1591
01:16:23,439 --> 01:16:25,840
Speaker 3: Yeahs fingers cross, let's go for that, Liam, Thank you

1592
01:16:25,920 --> 01:16:28,599
Speaker 3: so much. Liam Dan the Herald's Business editor are large here.

1593
01:16:28,720 --> 01:16:30,320
Speaker 3: As I've said before, you should be born in New

1594
01:16:30,400 --> 01:16:32,519
Speaker 3: Zealand to become a member of parliament. That's from Paul.

1595
01:16:34,800 --> 01:16:37,120
Speaker 3: There are countries that do that, and you can see

1596
01:16:37,120 --> 01:16:39,400
Speaker 3: why there are countries that do that, right, because then

1597
01:16:39,439 --> 01:16:42,320
Speaker 3: you don't have the old problem where you've got people

1598
01:16:42,320 --> 01:16:45,760
Speaker 3: being accused of being Chinese spies. But that's probably not

1599
01:16:45,840 --> 01:16:48,080
Speaker 3: workable in New Zealand because I think I don't know

1600
01:16:48,120 --> 01:16:51,120
Speaker 3: what the number is now, but the number of people

1601
01:16:51,160 --> 01:16:56,120
Speaker 3: living in this country who are migrants is enormous. It'd

1602
01:16:56,160 --> 01:16:58,160
Speaker 3: be well over twenty percent, if it's not even higher

1603
01:16:58,240 --> 01:17:02,479
Speaker 3: than that. Now, you can't you just can't democratically exclude

1604
01:17:02,479 --> 01:17:04,599
Speaker 3: those people, right, That would just be such a distinct

1605
01:17:04,640 --> 01:17:06,439
Speaker 3: thing to do, because then what you'd end up doing

1606
01:17:06,880 --> 01:17:09,920
Speaker 3: is you wouldn't have any MPs. There is value in

1607
01:17:09,960 --> 01:17:13,600
Speaker 3: some MPs representing the migrant Chinese community, there absolutely is.

1608
01:17:13,600 --> 01:17:16,559
Speaker 3: I mean, those people have pretty specific and unique problems

1609
01:17:16,800 --> 01:17:19,839
Speaker 3: and interests, and so having somebody in Parliament who represents

1610
01:17:19,920 --> 01:17:23,920
Speaker 3: them as fair absolutely fair enough. I don't think, Yeah,

1611
01:17:23,960 --> 01:17:25,280
Speaker 3: I just don't think you can do it in New Zealand.

1612
01:17:25,280 --> 01:17:28,719
Speaker 3: But I take your sentiment listen that I've been waiting

1613
01:17:28,760 --> 01:17:30,559
Speaker 3: for this and I'm very happy to see that the

1614
01:17:30,640 --> 01:17:32,639
Speaker 3: job has been filled. This is the New Zealand Olympics

1615
01:17:32,680 --> 01:17:35,720
Speaker 3: Games mascot gig. The woman is this is the sweetest job.

1616
01:17:35,760 --> 01:17:37,800
Speaker 3: I don't know if you realize this, but absolutely is

1617
01:17:37,800 --> 01:17:39,640
Speaker 3: the sweetest gig that was going in New Zealand for

1618
01:17:39,680 --> 01:17:42,880
Speaker 3: ages right gone now. Obviously Kate Thompson, head of Physical

1619
01:17:43,000 --> 01:17:45,920
Speaker 3: Education and how the Carpety College has got it, she

1620
01:17:46,120 --> 01:17:47,720
Speaker 3: wasn't intending to get it. She tried to get the

1621
01:17:47,800 --> 01:17:49,479
Speaker 3: kids at Carpety College to do it because she saw

1622
01:17:49,479 --> 01:17:52,000
Speaker 3: what a wonderful opportunity it was, but absolutely no one

1623
01:17:52,040 --> 01:17:54,759
Speaker 3: wanted to enter. So the day before the entries closed

1624
01:17:54,760 --> 01:17:56,240
Speaker 3: she was like, oh well, somebody has to do it older.

1625
01:17:56,760 --> 01:17:59,439
Speaker 3: So she got her class to help her with a video.

1626
01:18:00,280 --> 01:18:02,160
Speaker 3: They went into the gym I think or something and

1627
01:18:02,200 --> 01:18:05,120
Speaker 3: recorded it. She got another teacher to film it. The

1628
01:18:05,160 --> 01:18:07,800
Speaker 3: film and design teacher did all of the editing and

1629
01:18:07,840 --> 01:18:10,200
Speaker 3: then one of the sports captains put it on Instagram

1630
01:18:10,320 --> 01:18:12,040
Speaker 3: and she got the gig. So as a result, they're

1631
01:18:12,040 --> 01:18:14,840
Speaker 3: flying her to Paris. They're putting her up an accommodation.

1632
01:18:15,240 --> 01:18:18,479
Speaker 3: She gets to go to some events, gets to hang

1633
01:18:18,520 --> 01:18:20,880
Speaker 3: out with the athletes, heye, which is great because she's

1634
01:18:20,880 --> 01:18:22,600
Speaker 3: the head of physical education and house so she'll be

1635
01:18:22,640 --> 01:18:24,400
Speaker 3: fitters all now, don't give him a run for their money.

1636
01:18:24,520 --> 01:18:26,639
Speaker 3: And all she has to do to have that sweet

1637
01:18:26,640 --> 01:18:29,320
Speaker 3: gig is make a clown of herself when she's dressed

1638
01:18:29,360 --> 01:18:30,760
Speaker 3: as a kiwi. How good is that?

1639
01:18:30,800 --> 01:18:34,160
Speaker 2: Six twenty one The Rural Report on the Heather Duper

1640
01:18:34,240 --> 01:18:38,479
Speaker 2: c Elan Drive with Anne's Kofoods, New Zealand's Finest Beef.

1641
01:18:38,320 --> 01:18:41,360
Speaker 3: And Lamb, twenty four Pasts and Jamie mckaie Hosts of

1642
01:18:41,360 --> 01:18:42,360
Speaker 3: the Countries of Us Evening.

1643
01:18:42,439 --> 01:18:44,160
Speaker 21: Jamie, can I hear that?

1644
01:18:44,320 --> 01:18:44,400
Speaker 5: So?

1645
01:18:44,479 --> 01:18:46,200
Speaker 3: Shane Jones was on the show and he was just

1646
01:18:46,240 --> 01:18:46,800
Speaker 3: having a crack.

1647
01:18:46,920 --> 01:18:50,120
Speaker 21: Was he oh, just having a crack racking up the Greenies?

1648
01:18:50,200 --> 01:18:53,080
Speaker 21: Hue name it. Look, we were gonna talk. He was

1649
01:18:53,120 --> 01:18:55,400
Speaker 21: filling in for Winston Peter's on yesterday's show, and we

1650
01:18:55,400 --> 01:18:58,000
Speaker 21: were going to talk about live animal export, which were.

1651
01:19:00,760 --> 01:19:04,519
Speaker 3: Jamie, are you there? The Greenies have cut his line.

1652
01:19:04,720 --> 01:19:06,759
Speaker 3: They have We're going to talk about the live animal

1653
01:19:06,760 --> 01:19:10,280
Speaker 3: export Greenies to cut the line. Hey, while I've actually

1654
01:19:10,280 --> 01:19:12,400
Speaker 3: speaking of which this is actually important, So we'll see

1655
01:19:12,400 --> 01:19:13,560
Speaker 3: if we can get Jamie up. I just got to

1656
01:19:13,560 --> 01:19:16,800
Speaker 3: tell you quickly. Transpower is asking households north of Walkworth

1657
01:19:16,840 --> 01:19:19,760
Speaker 3: who do not have power to please reduce the power outage.

1658
01:19:19,560 --> 01:19:22,400
Speaker 3: They the power usage. Rather, they say they don't yet

1659
01:19:22,439 --> 01:19:23,760
Speaker 3: know when the power is going to be back on

1660
01:19:23,800 --> 01:19:25,880
Speaker 3: for everyone, but it's going to take at least until

1661
01:19:26,200 --> 01:19:29,880
Speaker 3: late tomorrow at the earliest, so you're in for the

1662
01:19:29,920 --> 01:19:32,519
Speaker 3: long haul. Northland people with power are being told to

1663
01:19:32,640 --> 01:19:35,160
Speaker 3: use less. For example, turn off the heaters, turn off

1664
01:19:35,160 --> 01:19:37,720
Speaker 3: the lights and rooms you're not using, use your large

1665
01:19:37,720 --> 01:19:42,639
Speaker 3: appliance as sparingly, only charge your electric vehicles as needed.

1666
01:19:42,920 --> 01:19:46,120
Speaker 3: Six twenty five and Jamie McKay's back, cal I say, Jamie, well.

1667
01:19:46,080 --> 01:19:48,240
Speaker 21: Someone turned the power out and the need an apologies

1668
01:19:48,240 --> 01:19:50,639
Speaker 21: for that, Heather. So anyhow, he tees off against Jill.

1669
01:19:51,080 --> 01:19:55,160
Speaker 21: Just send us new political program about leading with kindness

1670
01:19:55,200 --> 01:19:57,519
Speaker 21: and empathy. And I suggested to him that there's probably

1671
01:19:57,560 --> 01:20:00,759
Speaker 21: a few frogs and lizards around the cun who reckon

1672
01:20:01,080 --> 01:20:03,800
Speaker 21: he should sign up for this program here But anyhow,

1673
01:20:03,800 --> 01:20:06,679
Speaker 21: I'm just quoting him here. He said, Martua Shane Jones

1674
01:20:07,240 --> 01:20:10,040
Speaker 21: from Katya always speaks about himself and the third person.

1675
01:20:10,280 --> 01:20:13,200
Speaker 21: It's not going to tolerate ever, any of that jewy

1676
01:20:13,240 --> 01:20:16,639
Speaker 21: eyed naivete It'll be a long day in hell before

1677
01:20:16,680 --> 01:20:19,719
Speaker 21: I join that pearl clutching group. And then I suggested

1678
01:20:19,760 --> 01:20:22,280
Speaker 21: to him that perhaps he could learn to speak to

1679
01:20:22,320 --> 01:20:25,280
Speaker 21: people with hope and optimism rather than fear or blame,

1680
01:20:25,640 --> 01:20:28,639
Speaker 21: to unite rather than divide, and away he went again.

1681
01:20:28,840 --> 01:20:32,599
Speaker 21: He said, just cinders over there emotionally colonizing another part

1682
01:20:32,640 --> 01:20:35,479
Speaker 21: of the world, and the less I encounter of it

1683
01:20:35,800 --> 01:20:38,439
Speaker 21: the better. And then we got to live animal export,

1684
01:20:38,479 --> 01:20:40,679
Speaker 21: and this is where he really took off. He said,

1685
01:20:40,960 --> 01:20:43,240
Speaker 21: I think we should go ahead sooner rather than later

1686
01:20:43,320 --> 01:20:46,439
Speaker 21: with exporting animals. And if a few rams die on

1687
01:20:46,479 --> 01:20:48,960
Speaker 21: the way, well that's just part of life. We can't

1688
01:20:49,000 --> 01:20:53,240
Speaker 21: preserve every single creature in the pursuit of fiscal solvency.

1689
01:20:53,400 --> 01:20:55,679
Speaker 21: Get real, So that's to change.

1690
01:20:56,680 --> 01:20:58,880
Speaker 3: You've been wavering on this, you haven't been sure we

1691
01:20:58,960 --> 01:21:01,560
Speaker 3: sit on the live animally sports. Has he changed your minds?

1692
01:21:01,560 --> 01:21:02,320
Speaker 3: You firmed you up.

1693
01:21:04,400 --> 01:21:07,960
Speaker 21: Look, honestly, it's a very divisive it's a divisive issue,

1694
01:21:08,080 --> 01:21:09,920
Speaker 21: and I think I've said to you that, to this

1695
01:21:10,400 --> 01:21:13,240
Speaker 21: to you before, Heather. I think New Zealand farming has

1696
01:21:13,280 --> 01:21:15,160
Speaker 21: split down the middle on this one. Yes, it's a

1697
01:21:15,160 --> 01:21:20,679
Speaker 21: half billion dollar income earner, but there are some negatives

1698
01:21:20,680 --> 01:21:22,000
Speaker 21: with it as well. But I will say, you know,

1699
01:21:22,120 --> 01:21:25,320
Speaker 21: like the animal wealthy standards on these live exports ships

1700
01:21:25,400 --> 01:21:27,559
Speaker 21: is vastly different to what we had in the past.

1701
01:21:27,760 --> 01:21:30,160
Speaker 3: Yeah, hey, what's the problem with the median barriers?

1702
01:21:32,320 --> 01:21:34,320
Speaker 21: Well, the median barriers. Let me have a look at

1703
01:21:34,360 --> 01:21:36,000
Speaker 21: that one. I thought we were talking about the ravo

1704
01:21:36,400 --> 01:21:37,040
Speaker 21: farmer comfort.

1705
01:21:37,120 --> 01:21:38,839
Speaker 3: I'm fascinated by the median barriers.

1706
01:21:39,280 --> 01:21:41,200
Speaker 21: All right, Well, go with the median barriers or you

1707
01:21:41,240 --> 01:21:43,080
Speaker 21: don't even start me on the orange cones here that

1708
01:21:43,160 --> 01:21:45,160
Speaker 21: We'll just go with the median barriers at the moment.

1709
01:21:45,439 --> 01:21:48,679
Speaker 21: So the rural contractors say the median barriers and barriers

1710
01:21:48,680 --> 01:21:51,920
Speaker 21: are making roads unsafe and causing them stress for those

1711
01:21:52,000 --> 01:21:55,000
Speaker 21: driving tractors with lines of cars behind them. These are

1712
01:21:55,000 --> 01:21:57,320
Speaker 21: the tractors with the mowers or the silence makers or

1713
01:21:57,360 --> 01:22:00,679
Speaker 21: whatever as they're making the way down. Obviously, the cars

1714
01:22:00,840 --> 01:22:03,960
Speaker 21: can't get passed if there's a median barrier in the

1715
01:22:04,160 --> 01:22:07,720
Speaker 21: middle of the road. So these contractors driving tractors on

1716
01:22:07,800 --> 01:22:10,320
Speaker 21: long stretches a road are being faced with abuse and

1717
01:22:10,400 --> 01:22:13,400
Speaker 21: being clipped by other drivers who can't pass them because

1718
01:22:13,439 --> 01:22:17,000
Speaker 21: of those barriers. The guy who's running the Rural Contractors

1719
01:22:17,080 --> 01:22:20,599
Speaker 21: group a chat by the name of Andrew Olsen said, look,

1720
01:22:21,120 --> 01:22:23,880
Speaker 21: and members are telling us it's becoming quite stressful because

1721
01:22:23,880 --> 01:22:26,599
Speaker 21: they're traveling down the road and they're tractors or machinery,

1722
01:22:26,640 --> 01:22:28,720
Speaker 21: which they're entired to do, and then they end up

1723
01:22:28,720 --> 01:22:32,320
Speaker 21: with dozens of cars with impatient drivers like me behind them.

1724
01:22:32,320 --> 01:22:32,639
Speaker 9: He said.

1725
01:22:32,680 --> 01:22:36,000
Speaker 21: It can be easily fixed by just putting casting bays

1726
01:22:36,280 --> 01:22:40,120
Speaker 21: or areas where contractors could easily and safely pull over

1727
01:22:40,160 --> 01:22:42,719
Speaker 21: to let the others pass, and actually campa van drivers

1728
01:22:42,720 --> 01:22:43,920
Speaker 21: could follow that leader as well.

1729
01:22:44,640 --> 01:22:46,320
Speaker 3: It's actually not a bad piece. It's not a bad

1730
01:22:46,320 --> 01:22:48,479
Speaker 3: idea at all. Jamie, thank you so much. As always

1731
01:22:48,600 --> 01:22:50,960
Speaker 3: Jamie McKay hosts of the Country, Right Sam Dickie's next

1732
01:22:50,960 --> 01:22:52,479
Speaker 3: He's going to tell us what the next half of

1733
01:22:52,479 --> 01:23:00,640
Speaker 3: the year holds for the investor needs to zibyay.

1734
01:23:01,920 --> 01:23:05,200
Speaker 1: Crunching the numbers and getting the results. It's headed due

1735
01:23:05,240 --> 01:23:08,599
Speaker 1: for Cea Ellen with the Business Hours thanks to my HR,

1736
01:23:08,880 --> 01:23:13,360
Speaker 1: the HR platform for SME on news talksb Cool.

1737
01:23:19,320 --> 01:23:21,080
Speaker 3: Heather Rhymers in the Wide and Upper a couple of

1738
01:23:21,080 --> 01:23:23,600
Speaker 3: weeks ago, it has been infected with median barriers and

1739
01:23:23,720 --> 01:23:27,639
Speaker 3: eighty k per hour speed limits on long straight roads

1740
01:23:27,720 --> 01:23:30,240
Speaker 3: that have been one hundred k's since that speed limit

1741
01:23:30,280 --> 01:23:34,840
Speaker 3: came in. It was totally stupid. Yeah, medium barriers. Pretty

1742
01:23:34,840 --> 01:23:36,760
Speaker 3: good for saving lives, but pretty good for getting you

1743
01:23:36,800 --> 01:23:39,840
Speaker 3: frustrated at the same time. Christ Church, by the way,

1744
01:23:39,880 --> 01:23:41,720
Speaker 3: just in the last few hours, has been voted New

1745
01:23:41,760 --> 01:23:45,679
Speaker 3: Zealand's Happiest City. This is a little index that starts

1746
01:23:45,720 --> 01:23:47,600
Speaker 3: the twenty twenty four Happy City Index done by the

1747
01:23:47,640 --> 01:23:50,559
Speaker 3: London based Institute for Quality Life Christe They've got like

1748
01:23:51,000 --> 01:23:54,120
Speaker 3: a gold category which is the top thirty seven country,

1749
01:23:54,360 --> 01:23:56,400
Speaker 3: top thirty seven cities as they see it in the

1750
01:23:56,439 --> 01:23:58,439
Speaker 3: world and christ Church is the only city to feature

1751
01:23:58,439 --> 01:24:06,760
Speaker 3: in that top thirty seven Denmark's second largest city, RHUs. Yeah,

1752
01:24:06,800 --> 01:24:08,439
Speaker 3: and I got it right. Apparently the German looked at me.

1753
01:24:08,479 --> 01:24:10,080
Speaker 3: That's why we need a European here for this kind

1754
01:24:10,120 --> 01:24:12,360
Speaker 3: of like weird names you've never heard of before. Aarhus

1755
01:24:13,040 --> 01:24:15,519
Speaker 3: that's already called the city of smiles that's in the

1756
01:24:15,520 --> 01:24:20,519
Speaker 3: top spot. Then Zurich, then Berlin about that, yeah, then

1757
01:24:21,600 --> 01:24:24,360
Speaker 3: somewhere in Sweden, somewhere in Netherlands, I Amsterdam. Of course

1758
01:24:24,360 --> 01:24:26,640
Speaker 3: they are because they're geting Stone the whole time. And

1759
01:24:26,800 --> 01:24:28,920
Speaker 3: all of the top seventeen cities are in Europe or

1760
01:24:28,960 --> 01:24:31,400
Speaker 3: the UK. And then the first one that's from anywhere

1761
01:24:31,400 --> 01:24:34,799
Speaker 3: else comes in at number eighteen. It's Minneapolis in New Zealand.

1762
01:24:34,920 --> 01:24:38,960
Speaker 3: Christ Church is thirty two, Wellington is fifty, and Auckland

1763
01:24:39,040 --> 01:24:45,000
Speaker 3: is seventy two. How is Wellington fifty? How is Wellington fifty?

1764
01:24:45,520 --> 01:24:48,479
Speaker 3: The only explanation for Wellington b I mean, like, we've

1765
01:24:48,479 --> 01:24:51,200
Speaker 3: featured Wellington in the show today at nauseum as none

1766
01:24:51,240 --> 01:24:53,759
Speaker 3: of it's been good. So the only way that Wellington

1767
01:24:53,800 --> 01:24:57,639
Speaker 3: can possibly be at fifty is because this was done

1768
01:24:57,720 --> 01:25:01,360
Speaker 3: before Tory became the mayor and before the job cuts

1769
01:25:01,360 --> 01:25:03,839
Speaker 3: in the public sector, because you know it's not there anymore.

1770
01:25:03,880 --> 01:25:05,000
Speaker 3: Right twenty two away from.

1771
01:25:04,880 --> 01:25:07,559
Speaker 2: Seven Heather du clohendegraded with.

1772
01:25:07,600 --> 01:25:09,479
Speaker 3: Us in just about ten minutes time. We're thereabouts. Now

1773
01:25:09,520 --> 01:25:12,640
Speaker 3: we're almost halfway at the at the halfway point for

1774
01:25:12,680 --> 01:25:14,720
Speaker 3: the year. Of course, question is how different is the

1775
01:25:14,720 --> 01:25:17,240
Speaker 3: investing environment now versus the start of the year. And

1776
01:25:17,240 --> 01:25:19,280
Speaker 3: to answer that question we have Sam Dickey of Fisher

1777
01:25:19,280 --> 01:25:19,840
Speaker 3: Funds with us.

1778
01:25:19,840 --> 01:25:22,479
Speaker 20: A Sam, Heather, Now, are you so very well?

1779
01:25:22,520 --> 01:25:24,560
Speaker 3: Thank you so remind us of the economic backdrop and

1780
01:25:24,600 --> 01:25:26,800
Speaker 3: the investing environment as we started the year.

1781
01:25:28,280 --> 01:25:31,559
Speaker 5: Yes, So if we look at it through growth the

1782
01:25:31,680 --> 01:25:34,960
Speaker 5: lenses of and growth, inflation, interest rates, and equities to

1783
01:25:35,000 --> 01:25:38,120
Speaker 5: set up on January one was the market was still

1784
01:25:38,120 --> 01:25:40,720
Speaker 5: pretty cautious about US economic growth, for example, so they

1785
01:25:40,720 --> 01:25:43,680
Speaker 5: are only forecast in a poultry one percent growth for

1786
01:25:43,800 --> 01:25:48,679
Speaker 5: the year. Inflation had been tamed, but not completely conquered.

1787
01:25:48,680 --> 01:25:51,320
Speaker 5: So global inflation, you remember back in the day it

1788
01:25:51,360 --> 01:25:52,960
Speaker 5: was at a high of ten percent and it was

1789
01:25:53,000 --> 01:25:54,519
Speaker 5: at about five and a half percent of the start

1790
01:25:54,560 --> 01:25:58,439
Speaker 5: of the year. Bond investors had a slightly bitter year

1791
01:25:58,479 --> 01:26:00,240
Speaker 5: in twenty twenty three, so they were feeling a little

1792
01:26:00,280 --> 01:26:02,960
Speaker 5: bit less grim after the worst year in one hundred

1793
01:26:02,960 --> 01:26:05,760
Speaker 5: and fifty years the year before, but still nothing to

1794
01:26:05,760 --> 01:26:06,519
Speaker 5: write home about.

1795
01:26:06,640 --> 01:26:06,920
Speaker 20: Men.

1796
01:26:07,160 --> 01:26:10,320
Speaker 5: Finally, on the share market, those investors were feeling pretty

1797
01:26:10,320 --> 01:26:12,960
Speaker 5: good about life as they entered twenty twenty four. Remember

1798
01:26:12,960 --> 01:26:15,320
Speaker 5: the strong rebound in equity markets in twenty twenty three

1799
01:26:15,680 --> 01:26:18,880
Speaker 5: and within that, remember the twenty twenty three stock market

1800
01:26:19,080 --> 01:26:21,519
Speaker 5: performance was driven by a narrow bunch of stocks, and

1801
01:26:21,520 --> 01:26:24,920
Speaker 5: I'm sure you remember the magnificent seven heather, Yeah, totally.

1802
01:26:24,920 --> 01:26:26,000
Speaker 3: What does the backdrop look like.

1803
01:26:25,960 --> 01:26:28,920
Speaker 5: Now, though it's shifted a bit so through those shame

1804
01:26:29,160 --> 01:26:33,559
Speaker 5: the same lenses. The US economy has just surprised positively

1805
01:26:33,640 --> 01:26:36,000
Speaker 5: all year, so economists are now expecting two and a

1806
01:26:36,040 --> 01:26:39,240
Speaker 5: half percent growth for that all important economy, up from

1807
01:26:39,240 --> 01:26:43,320
Speaker 5: that one percent initial forecast. Global inflation has fallen a

1808
01:26:43,360 --> 01:26:45,719
Speaker 5: little bit further, but still not fully wrestled to the ground.

1809
01:26:46,280 --> 01:26:48,360
Speaker 5: Bond investors are still waiting for their day in the

1810
01:26:48,400 --> 01:26:51,959
Speaker 5: sun and returns are approximately flat, and share market investors

1811
01:26:52,000 --> 01:26:55,120
Speaker 5: are enjoying another solid six months. So global equities are

1812
01:26:55,160 --> 01:26:58,120
Speaker 5: up twelve percent, But there is one little wrinkle heater,

1813
01:26:58,240 --> 01:27:00,639
Speaker 5: So you and I took back in March to April

1814
01:27:00,680 --> 01:27:04,679
Speaker 5: about the nice broadening out of the stock market rally

1815
01:27:04,760 --> 01:27:07,519
Speaker 5: after that very narrow rally in twenty twenty three, which

1816
01:27:07,600 --> 01:27:11,920
Speaker 5: was funny enough, correlated with that nice continuous positive surprise

1817
01:27:11,960 --> 01:27:15,240
Speaker 5: in the US economic growth. Well, right now that US

1818
01:27:15,280 --> 01:27:18,520
Speaker 5: economic growth is still solid, but it's no longer accelerating,

1819
01:27:18,680 --> 01:27:21,519
Speaker 5: and the stock market rally is again really really narrow,

1820
01:27:21,640 --> 01:27:24,759
Speaker 5: so it's only been driven by less than a handful

1821
01:27:24,760 --> 01:27:27,000
Speaker 5: of stocks now, so Google, Apple and n Video.

1822
01:27:27,439 --> 01:27:30,280
Speaker 3: That's interesting. Remind us of the themes we've seen. What

1823
01:27:30,320 --> 01:27:31,760
Speaker 3: are the investments that are working and what are the

1824
01:27:31,760 --> 01:27:32,280
Speaker 3: ones that are not.

1825
01:27:33,920 --> 01:27:35,799
Speaker 5: You and I've talked about it most of them, but

1826
01:27:35,880 --> 01:27:38,000
Speaker 5: if we just picked three over the last six months

1827
01:27:38,000 --> 01:27:40,640
Speaker 5: we've talked about so you and I talked about how

1828
01:27:40,680 --> 01:27:44,240
Speaker 5: Google and Apple were considered AI laggards or losers, which

1829
01:27:44,280 --> 01:27:47,719
Speaker 5: seemed absurd, and the lesson there is when high quality

1830
01:27:47,760 --> 01:27:51,439
Speaker 5: companies are called losers, investors should basically pay attention. The

1831
01:27:51,479 --> 01:27:55,200
Speaker 5: second thing is we talked about how commodity prices and

1832
01:27:56,080 --> 01:27:58,560
Speaker 5: doctor copper in particular is a really good barometer of

1833
01:27:58,600 --> 01:28:01,280
Speaker 5: the health of the economy, and incident that price has

1834
01:28:01,320 --> 01:28:03,759
Speaker 5: fallen a bit lately after a very strong run earlier.

1835
01:28:03,760 --> 01:28:07,720
Speaker 5: And the other thing we talked about was how geopolitics

1836
01:28:07,760 --> 01:28:10,560
Speaker 5: are of course sad, and elections garner a heck of

1837
01:28:10,560 --> 01:28:14,280
Speaker 5: a lot of headlines, they typically don't derail long term

1838
01:28:14,360 --> 01:28:15,560
Speaker 5: stock market investors.

1839
01:28:16,840 --> 01:28:20,240
Speaker 3: Why I mean, Sam, is it normal for a backdrop

1840
01:28:20,280 --> 01:28:21,240
Speaker 3: to change so much?

1841
01:28:22,840 --> 01:28:25,080
Speaker 5: It's not. It's not normal. And if you look back

1842
01:28:25,120 --> 01:28:28,439
Speaker 5: over say the last twenty years or so, and if

1843
01:28:28,479 --> 01:28:32,000
Speaker 5: we used analyst forecasts of US GDP for the year ahead,

1844
01:28:32,280 --> 01:28:36,280
Speaker 5: normally those forecasts will move around by maybe half a percent,

1845
01:28:36,320 --> 01:28:39,519
Speaker 5: maybe a percent until they land on the final actual number.

1846
01:28:39,600 --> 01:28:41,840
Speaker 5: So that sort of think about that as forecasting era.

1847
01:28:42,680 --> 01:28:46,640
Speaker 5: Since COVID analysts are having a nightmare forecasting US and

1848
01:28:46,720 --> 01:28:50,040
Speaker 5: global GDP grow, so the difference between the initial forecast

1849
01:28:50,600 --> 01:28:52,439
Speaker 5: and that final number can be as wide as two

1850
01:28:52,520 --> 01:28:55,400
Speaker 5: two and a half percent, so three to four times

1851
01:28:55,400 --> 01:28:56,679
Speaker 5: the normal forecasting era.

1852
01:28:57,000 --> 01:28:58,240
Speaker 3: What does that mean for investors?

1853
01:28:59,640 --> 01:29:01,360
Speaker 5: I think it means you stick to your knitting, so

1854
01:29:01,600 --> 01:29:03,559
Speaker 5: you take a really long term view and you invest

1855
01:29:03,600 --> 01:29:07,040
Speaker 5: in high quality, long term growth companies, and you shouldn't

1856
01:29:07,120 --> 01:29:11,120
Speaker 5: normally be swayed by macro economic forecasts because they're normally wrong.

1857
01:29:11,200 --> 01:29:14,320
Speaker 5: But especially so now in a post COVID world.

1858
01:29:14,840 --> 01:29:17,360
Speaker 3: Yeah, brilliant advice. Thank you very much. Sam appreciated it

1859
01:29:17,400 --> 01:29:19,680
Speaker 3: has always talked again next week that Sam Dickey for

1860
01:29:19,840 --> 01:29:22,200
Speaker 3: your funds. Hither it's not the scene to barriers so

1861
01:29:22,280 --> 01:29:24,519
Speaker 3: often it's the barriers on the left where they can't

1862
01:29:24,560 --> 01:29:26,559
Speaker 3: move over. Thank you for that. Well, that's exactly why

1863
01:29:26,600 --> 01:29:28,240
Speaker 3: you need a passing lane on the left day. But

1864
01:29:28,280 --> 01:29:32,120
Speaker 3: then you actually need them to use it, you really do. Hey, Finally,

1865
01:29:32,800 --> 01:29:35,800
Speaker 3: we give public transport so much grief because it leads

1866
01:29:35,840 --> 01:29:39,160
Speaker 3: us down so frequently. But finally, there is something really

1867
01:29:39,160 --> 01:29:41,800
Speaker 3: smart that's happening in public transport that, as you think,

1868
01:29:41,920 --> 01:29:44,240
Speaker 3: is going to it's going to bear fruit very soon.

1869
01:29:44,280 --> 01:29:46,320
Speaker 3: In Auckland. You're going to be able to get on

1870
01:29:46,360 --> 01:29:48,680
Speaker 3: a bus and just use your credit card or your

1871
01:29:48,680 --> 01:29:50,439
Speaker 3: debit card or your phone or whatever to pay for

1872
01:29:50,479 --> 01:29:52,600
Speaker 3: the bus fare. At the moment, if you try to

1873
01:29:52,600 --> 01:29:54,320
Speaker 3: catch a bus, you need like a hop card or something.

1874
01:29:54,360 --> 01:29:55,920
Speaker 3: I don't really know. You need to at card. I

1875
01:29:55,920 --> 01:29:57,800
Speaker 3: don't not wanting it. You need a card. You need

1876
01:29:57,840 --> 01:29:59,920
Speaker 3: a card that I don't have. You need a card.

1877
01:30:00,360 --> 01:30:02,519
Speaker 3: Where do you get the card? I don't know? You

1878
01:30:02,560 --> 01:30:04,320
Speaker 3: have to go maybe down to the ferry terminal or

1879
01:30:04,360 --> 01:30:06,200
Speaker 3: something like that, and buy the card. Who can be bothered?

1880
01:30:06,479 --> 01:30:07,680
Speaker 3: Who can be faffed with it? And I think, do you

1881
01:30:07,720 --> 01:30:09,800
Speaker 3: have to put money on the card as well? Oh no,

1882
01:30:10,240 --> 01:30:12,000
Speaker 3: I cannot be faffed with all that kind of thing,

1883
01:30:12,080 --> 01:30:13,680
Speaker 3: just all the off chance that maybe one day I

1884
01:30:13,760 --> 01:30:16,840
Speaker 3: catch a bus. Now you don't need that anymore. Game changer.

1885
01:30:17,040 --> 01:30:18,880
Speaker 3: Auckland's the first place in the country that's going to

1886
01:30:18,920 --> 01:30:21,439
Speaker 3: have it rolled out. It will happen this year. Second

1887
01:30:21,479 --> 01:30:25,640
Speaker 3: place in the country, tim Areu, Tim of Vegas, I

1888
01:30:25,720 --> 01:30:28,559
Speaker 3: knew you were a big deal. Then christ Church early

1889
01:30:28,640 --> 01:30:30,679
Speaker 3: next year they have plenty and in the cargo mid

1890
01:30:30,720 --> 01:30:33,640
Speaker 3: next year, Wellington, hawks Bay late next year. All the

1891
01:30:33,680 --> 01:30:35,080
Speaker 3: other regions in the country are going to get it

1892
01:30:35,120 --> 01:30:38,440
Speaker 3: by the end of twenty twenty six. As I say, brilliant,

1893
01:30:38,680 --> 01:30:41,400
Speaker 3: because what it means is like, for example, if you've

1894
01:30:41,400 --> 01:30:43,479
Speaker 3: got family members who live in Wellington, and we do,

1895
01:30:43,800 --> 01:30:45,280
Speaker 3: and then they come up to Auckland and they love

1896
01:30:45,280 --> 01:30:47,200
Speaker 3: catching the bus in Wellington because they got whatever the

1897
01:30:47,240 --> 01:30:49,280
Speaker 3: card there is called, like a snaper card or something

1898
01:30:49,320 --> 01:30:52,439
Speaker 3: like that. Who knows whatever, who knows are they come

1899
01:30:52,520 --> 01:30:55,000
Speaker 3: here to Auckland, they do not have a card that

1900
01:30:55,040 --> 01:30:56,680
Speaker 3: they can use. They can't catch the bus, but they

1901
01:30:56,680 --> 01:30:58,160
Speaker 3: love catching the bus. Now they can just use a

1902
01:30:58,200 --> 01:31:01,160
Speaker 3: credit card. I don't know if Sammy and Brown is

1903
01:31:01,200 --> 01:31:03,360
Speaker 3: responsible for that. He's the minister announcing it, but if

1904
01:31:03,400 --> 01:31:07,200
Speaker 3: he is game changer sixteen away from seven, whether it's.

1905
01:31:07,240 --> 01:31:10,519
Speaker 2: Macro microbe or just playing economics, it's.

1906
01:31:10,360 --> 01:31:13,360
Speaker 1: All on the Business Hour with Heather Duplicy, Allen and

1907
01:31:13,600 --> 01:31:17,880
Speaker 1: my HR, the HR platform for SME used talksb hither.

1908
01:31:17,920 --> 01:31:19,439
Speaker 3: You know there is an answer to being able to

1909
01:31:19,520 --> 01:31:21,680
Speaker 3: use the same thing to pay for public transport. It's

1910
01:31:21,680 --> 01:31:22,679
Speaker 3: this sole thing called cash.

1911
01:31:22,720 --> 01:31:23,240
Speaker 5: Haha.

1912
01:31:24,280 --> 01:31:27,320
Speaker 3: Not in Auckland. You cannot get on the bus and

1913
01:31:27,439 --> 01:31:28,160
Speaker 3: use cash.

1914
01:31:28,200 --> 01:31:29,240
Speaker 24: This was so embarrassing.

1915
01:31:29,280 --> 01:31:29,479
Speaker 6: Heither.

1916
01:31:29,640 --> 01:31:32,639
Speaker 24: A couple of years ago, I realized that my hopcard

1917
01:31:32,720 --> 01:31:34,519
Speaker 24: must have fallen out of my pocket or something. So

1918
01:31:34,520 --> 01:31:36,240
Speaker 24: I quickly fell out and I did have some change,

1919
01:31:36,240 --> 01:31:37,599
Speaker 24: so I got up and stuck it in a little

1920
01:31:38,000 --> 01:31:40,200
Speaker 24: change tray on the bus, and the bus driver just

1921
01:31:40,240 --> 01:31:42,280
Speaker 24: looked at me like I was an absolute idiot and

1922
01:31:42,360 --> 01:31:45,320
Speaker 24: was like, we haven't taken cash for about two years, mate.

1923
01:31:45,400 --> 01:31:47,639
Speaker 3: So two years ago they told you they hadn't taken

1924
01:31:47,680 --> 01:31:48,760
Speaker 3: cash in two years two years.

1925
01:31:48,800 --> 01:31:50,120
Speaker 24: Yeah, that would have been like three or four years

1926
01:31:50,120 --> 01:31:50,559
Speaker 24: ago now.

1927
01:31:50,520 --> 01:31:54,080
Speaker 3: So basically we stopped using cash in nineteen seventy five. Mate,

1928
01:31:54,240 --> 01:31:57,599
Speaker 3: thanks for the text, really appreciated into Brady our UK

1929
01:31:57,680 --> 01:31:58,640
Speaker 3: correspondence with us.

1930
01:31:58,680 --> 01:32:01,720
Speaker 21: Now, Hey Ender, Hey Hea, they're good to speak to

1931
01:32:01,720 --> 01:32:01,960
Speaker 21: you again.

1932
01:32:02,080 --> 01:32:04,080
Speaker 3: And did you see what happened to Tyler Swift's plan?

1933
01:32:04,240 --> 01:32:06,200
Speaker 3: Did you just see what happened to Tayler Swift's plane?

1934
01:32:07,720 --> 01:32:11,960
Speaker 21: Yes, So this is another headline by Just Stop Oil,

1935
01:32:12,160 --> 01:32:16,439
Speaker 21: fresh from targeting Stonehenge yesterday. They've managed to get a

1936
01:32:16,479 --> 01:32:21,680
Speaker 21: small group of protesters into Stanstead Airport. It's a private airfield.

1937
01:32:21,880 --> 01:32:24,519
Speaker 21: Standstad is a huge public airport obviously, but there's a

1938
01:32:24,560 --> 01:32:28,040
Speaker 21: private airfield attached to it, and there's a private jet

1939
01:32:28,040 --> 01:32:30,880
Speaker 21: there used by Taylor Swift, and that and others have

1940
01:32:30,960 --> 01:32:33,599
Speaker 21: been targeted by Just Stop Oil. So lots of paint

1941
01:32:34,000 --> 01:32:37,760
Speaker 21: thrown about. I would imagine a major investigation underway now

1942
01:32:38,160 --> 01:32:40,559
Speaker 21: and a lot of anger here. People really won't care

1943
01:32:40,560 --> 01:32:43,240
Speaker 21: about Taylor Swift's playing very much, but a lot of

1944
01:32:43,280 --> 01:32:46,080
Speaker 21: anger about what they did at Stonehenge yesterday.

1945
01:32:46,000 --> 01:32:48,240
Speaker 3: Doesn't help at all that the stuff is going to

1946
01:32:48,400 --> 01:32:50,479
Speaker 3: wash off. Apparently it's like a water base. Painters will

1947
01:32:50,520 --> 01:32:51,240
Speaker 3: just run off.

1948
01:32:52,600 --> 01:32:55,759
Speaker 20: So they're saying it's like made with corn powder or something.

1949
01:32:55,840 --> 01:33:00,639
Speaker 20: But look, Stonehenge has been there five thousand years, hasn't

1950
01:33:00,680 --> 01:33:04,559
Speaker 20: troubled Anyone doesn't contribute the climate change, is not involved

1951
01:33:04,560 --> 01:33:08,040
Speaker 20: in fossil fuel extraction. Apparently, they said they were making

1952
01:33:08,080 --> 01:33:10,200
Speaker 20: their point for the new government that they wanted to

1953
01:33:10,760 --> 01:33:13,320
Speaker 20: kind of bring the UK to a stance they'll get

1954
01:33:13,360 --> 01:33:18,000
Speaker 20: people's attention and get a confirmation from the next government

1955
01:33:18,000 --> 01:33:21,000
Speaker 20: if it is going to be labor that they will

1956
01:33:21,040 --> 01:33:25,120
Speaker 20: stop extracting fossil fuels in the North Sea. So look,

1957
01:33:25,680 --> 01:33:28,479
Speaker 20: they're just making themselves deeply, deeply unpopular.

1958
01:33:28,680 --> 01:33:31,919
Speaker 3: You too, Right now, have you got another Conservative candidate

1959
01:33:31,960 --> 01:33:33,360
Speaker 3: who's placed a bit on the election?

1960
01:33:35,160 --> 01:33:38,800
Speaker 20: Yes, so female candidate for the Conservatives standing in Bristol

1961
01:33:39,000 --> 01:33:41,720
Speaker 20: in the West of England. And the Gambling Commission are

1962
01:33:41,760 --> 01:33:46,000
Speaker 20: now handing over information to the authorities because yes, another

1963
01:33:46,040 --> 01:33:49,519
Speaker 20: bet went in predicting that there would be a July election.

1964
01:33:50,040 --> 01:33:52,439
Speaker 20: So in the last couple of weeks we've found out

1965
01:33:52,479 --> 01:33:56,919
Speaker 20: that Craig Williams, who is Parliamentary Private Secretary to Sunak,

1966
01:33:57,360 --> 01:34:00,639
Speaker 20: he placed a bet allegedly on there being the election.

1967
01:34:01,240 --> 01:34:04,439
Speaker 20: Last night we found out that a police protection officer

1968
01:34:04,479 --> 01:34:07,760
Speaker 20: who works very closely with Sunak, he allegedly placed the

1969
01:34:07,800 --> 01:34:10,400
Speaker 20: bet on there being a July election. And now the

1970
01:34:10,439 --> 01:34:13,600
Speaker 20: Conservative candidate in Bristol is trouble for in trouble for

1971
01:34:13,720 --> 01:34:14,639
Speaker 20: exactly the same.

1972
01:34:15,200 --> 01:34:15,400
Speaker 11: You know.

1973
01:34:15,680 --> 01:34:18,680
Speaker 20: Obviously word was getting out, its spread like wildfire, and

1974
01:34:18,760 --> 01:34:20,720
Speaker 20: some people thought they would cash in and get down

1975
01:34:20,800 --> 01:34:23,320
Speaker 20: the bookies. It's going to come back and bite them

1976
01:34:23,320 --> 01:34:24,599
Speaker 20: in the bomb a big time.

1977
01:34:24,800 --> 01:34:27,120
Speaker 3: Yeah, totally. Richie's going to lose the seat, isn't he.

1978
01:34:28,920 --> 01:34:32,000
Speaker 20: So the latest poll reckons that he will. That's by

1979
01:34:32,120 --> 01:34:35,160
Speaker 20: three hundred and eighty two votes. It'll be extremely tight.

1980
01:34:35,360 --> 01:34:39,520
Speaker 20: He's in Richmond in North Yorkshire, very affluent area, always conservative,

1981
01:34:39,800 --> 01:34:43,320
Speaker 20: he lives in a mansion, and the latest polling has

1982
01:34:43,320 --> 01:34:46,920
Speaker 20: not only electoral wipeout for his party but him having

1983
01:34:46,960 --> 01:34:51,280
Speaker 20: the utter i mean ignominy of being booted out of

1984
01:34:51,280 --> 01:34:55,760
Speaker 20: Parliament and not even saving his own seat. So I

1985
01:34:55,800 --> 01:34:58,320
Speaker 20: think the family trip to California and the move out

1986
01:34:58,360 --> 01:35:00,200
Speaker 20: of the UK's happening a lot quick.

1987
01:35:01,280 --> 01:35:03,160
Speaker 3: Here too, write I'm not surprised by this at all.

1988
01:35:03,240 --> 01:35:03,439
Speaker 6: End it.

1989
01:35:03,479 --> 01:35:06,880
Speaker 3: Thank you as always end of Brady our UK correspondent.

1990
01:35:07,280 --> 01:35:10,160
Speaker 3: I don't I think you can't just go around paint

1991
01:35:10,280 --> 01:35:13,360
Speaker 3: like these guys might have made a big mistake. I

1992
01:35:13,400 --> 01:35:15,800
Speaker 3: don't think you can just go around painting over planes.

1993
01:35:16,200 --> 01:35:17,920
Speaker 3: I think it's one of those am I wrong? Like

1994
01:35:17,920 --> 01:35:19,559
Speaker 3: there will be people who know more about the stuff

1995
01:35:19,600 --> 01:35:21,760
Speaker 3: than me, which is literally everybody. But I think that

1996
01:35:21,840 --> 01:35:24,360
Speaker 3: you have sensors on planes and you have to be

1997
01:35:24,439 --> 01:35:26,800
Speaker 3: really careful where you paint because otherwise, if you paint

1998
01:35:26,840 --> 01:35:29,120
Speaker 3: over the censor, you can have a crash. So I

1999
01:35:29,160 --> 01:35:31,880
Speaker 3: would imagine that these guys have caused a lot more

2000
01:35:31,920 --> 01:35:35,280
Speaker 3: carnage than they They just like cornflower, I'll just wash up. Now,

2001
01:35:35,320 --> 01:35:38,120
Speaker 3: Well what if it got stuck inside the censor and

2002
01:35:38,120 --> 01:35:41,080
Speaker 3: then Taita dies? Now you're in really big trouble, aren't you.

2003
01:35:41,160 --> 01:35:43,680
Speaker 3: Mate thought about that obviously not anyway, if you know

2004
01:35:43,760 --> 01:35:46,639
Speaker 3: more about that than me, which is which more most likely,

2005
01:35:46,880 --> 01:35:50,000
Speaker 3: please let me know. Nine two nine two Christich City

2006
01:35:50,040 --> 01:35:54,080
Speaker 3: Council is quitting local government New Zealand. Says that they've

2007
01:35:54,080 --> 01:35:56,080
Speaker 3: made the call that they're going to quit local government

2008
01:35:56,080 --> 01:35:58,760
Speaker 3: New Zealand because it's the annual membershop costs have gone

2009
01:35:58,800 --> 01:36:00,519
Speaker 3: up by more than twenty thousand dollars is just not

2010
01:36:00,600 --> 01:36:04,120
Speaker 3: value for money anymore. Also, a report to the council

2011
01:36:04,160 --> 01:36:06,000
Speaker 3: ahead of the decision had pointed out that if the

2012
01:36:06,040 --> 01:36:08,800
Speaker 3: council had left local government New Zealand, it would be

2013
01:36:08,880 --> 01:36:11,479
Speaker 3: free to advocate more effectively and more specifically on things

2014
01:36:11,479 --> 01:36:14,360
Speaker 3: that actually matter to the city, rather obviously than having

2015
01:36:14,400 --> 01:36:17,200
Speaker 3: to advocate on things to fall into line with this

2016
01:36:17,360 --> 01:36:20,720
Speaker 3: big body representing all councils. Because let's be honest about it, right,

2017
01:36:21,200 --> 01:36:24,920
Speaker 3: if you're a council I don't know, let's just name one, Ashburton, right,

2018
01:36:24,960 --> 01:36:27,000
Speaker 3: you probably don't care about the same stuff that Auckland

2019
01:36:27,000 --> 01:36:29,920
Speaker 3: Council cares about or kaipit. You probably don't share. I

2020
01:36:29,960 --> 01:36:32,479
Speaker 3: mean there'll be some but largely there'll be a lot

2021
01:36:32,479 --> 01:36:36,000
Speaker 3: of stuff you have completely divergent views on. This though,

2022
01:36:36,080 --> 01:36:38,879
Speaker 3: is very bad for local government New Zealand because Auckland

2023
01:36:38,880 --> 01:36:42,400
Speaker 3: already left last year, So now the two biggest cities

2024
01:36:42,439 --> 01:36:44,840
Speaker 3: in the country have left local government New Zealand, and

2025
01:36:44,880 --> 01:36:47,519
Speaker 3: frankly I think everybody else should as well. Local government

2026
01:36:47,520 --> 01:36:50,639
Speaker 3: New Zealand is appalling. It's a waste of time and energy.

2027
01:36:51,280 --> 01:36:52,919
Speaker 3: If you look at what's going on in the media.

2028
01:36:53,040 --> 01:36:54,840
Speaker 3: Look at the number of times they pop up. It

2029
01:36:54,920 --> 01:36:57,000
Speaker 3: seems to me that the biggest issue that local government

2030
01:36:57,040 --> 01:36:59,360
Speaker 3: New Zealand's got at the moment as far as their advocacy,

2031
01:36:59,720 --> 01:37:06,320
Speaker 3: is Maori Wards on councils. Really, if you think about

2032
01:37:06,320 --> 01:37:08,040
Speaker 3: all the stuff that these guys are facing, They've got

2033
01:37:08,080 --> 01:37:10,439
Speaker 3: infrastructure issues up and down the country, they've got water

2034
01:37:10,479 --> 01:37:14,120
Speaker 3: services issues, they've got massively increasing rates, on and on

2035
01:37:14,200 --> 01:37:17,559
Speaker 3: and on the list goes. But Maori Ward's huge deal

2036
01:37:17,600 --> 01:37:20,080
Speaker 3: for local government New Zealand. I would do any other

2037
01:37:20,120 --> 01:37:23,479
Speaker 3: council out there that's like, just get out, why are

2038
01:37:23,479 --> 01:37:25,280
Speaker 3: you wasting your time for seven away from seven?

2039
01:37:25,840 --> 01:37:29,760
Speaker 1: Whether it's macro, MicroB or just playing economics. It's all

2040
01:37:29,800 --> 01:37:33,439
Speaker 1: on the Business Hour with Heather Duplicy Allen and my HR,

2041
01:37:33,760 --> 01:37:36,840
Speaker 1: the HR platform for sme US talksp.

2042
01:37:37,080 --> 01:37:38,439
Speaker 3: Here that do you remember there was an Air New

2043
01:37:38,520 --> 01:37:40,759
Speaker 3: Zealand plane that crashed on a test flight in France

2044
01:37:40,840 --> 01:37:43,080
Speaker 3: due to improper painting and washing of a sensor. So

2045
01:37:43,120 --> 01:37:46,000
Speaker 3: this could absolutely cause serious problems. Thank you for remembering that.

2046
01:37:46,080 --> 01:37:48,680
Speaker 3: Fair point five away from seven. Hey, listen, here's the

2047
01:37:48,720 --> 01:37:51,680
Speaker 3: latest bit of gold from Trumpy at a rally. He

2048
01:37:51,760 --> 01:37:54,280
Speaker 3: suggested that Joe Biden, for the first debate, is going

2049
01:37:54,320 --> 01:37:55,280
Speaker 3: to be pumped up on coke.

2050
01:37:56,080 --> 01:37:57,400
Speaker 2: Joe Biden doesn't have a clue.

2051
01:37:57,400 --> 01:37:59,240
Speaker 14: Now we're going to watch, Is anybody going to watch

2052
01:37:59,280 --> 01:37:59,799
Speaker 14: the debate?

2053
01:38:05,479 --> 01:38:08,599
Speaker 2: He's gonna be so pumped up. He's gonna be pumped up.

2054
01:38:09,080 --> 01:38:11,240
Speaker 14: You know all that stuff that was missing about a

2055
01:38:11,280 --> 01:38:12,000
Speaker 14: month ago.

2056
01:38:11,800 --> 01:38:12,719
Speaker 7: From the White House?

2057
01:38:14,160 --> 01:38:18,840
Speaker 14: What happened? Somebody didn't pick up hundreds of thousands of

2058
01:38:18,920 --> 01:38:20,200
Speaker 14: dollars worth of cocaine.

2059
01:38:20,240 --> 01:38:21,559
Speaker 7: I wonder who that could uppen?

2060
01:38:22,400 --> 01:38:26,520
Speaker 14: I don't know, Actually I think it was Joe.

2061
01:38:27,240 --> 01:38:29,599
Speaker 3: Anyway, he seems to be referring to an incident where

2062
01:38:29,600 --> 01:38:31,200
Speaker 3: a bag of coke was found in the cubby hole

2063
01:38:31,240 --> 01:38:33,760
Speaker 3: at the White House last year. But that bag was

2064
01:38:34,280 --> 01:38:36,880
Speaker 3: less of a was in the bag was less than

2065
01:38:36,920 --> 01:38:40,679
Speaker 3: a gram, So even with inflation, it wouldn't be worth

2066
01:38:40,760 --> 01:38:42,439
Speaker 3: hundreds of thousands of dollars, would it ends?

2067
01:38:43,080 --> 01:38:45,160
Speaker 24: And Donald Trump strikes me as the sort of person

2068
01:38:45,160 --> 01:38:47,080
Speaker 24: who probably knows how much coke costs.

2069
01:38:47,200 --> 01:38:49,400
Speaker 3: Do you think so? I reckon he'd have other people

2070
01:38:49,439 --> 01:38:50,080
Speaker 3: buying it for him.

2071
01:38:50,160 --> 01:38:51,960
Speaker 24: Well, I mean, I'm not saying that he'd use I

2072
01:38:52,000 --> 01:38:53,680
Speaker 24: just think, you know, he knows people he's at the

2073
01:38:53,680 --> 01:38:54,120
Speaker 24: golf club.

2074
01:38:54,120 --> 01:38:56,160
Speaker 3: They probably you know inflation.

2075
01:38:56,400 --> 01:38:58,439
Speaker 24: Yeah, that's a very good point. Actually, forty to fifty percent.

2076
01:38:59,000 --> 01:39:01,639
Speaker 24: You're losing me by Taylor Swift to play us out

2077
01:39:01,640 --> 01:39:05,360
Speaker 24: tonight just in honor of her plane getting done by

2078
01:39:05,439 --> 01:39:07,880
Speaker 24: the by the protesters, who probably are losing a lot

2079
01:39:07,920 --> 01:39:09,120
Speaker 24: of the lot of the audience with.

2080
01:39:09,479 --> 01:39:11,000
Speaker 3: Yeah, i'd say, so you got by the way, go

2081
01:39:11,040 --> 01:39:12,680
Speaker 3: and watch the video because the pair of them, the

2082
01:39:12,880 --> 01:39:15,360
Speaker 3: two girls sort of mid twenties, i'd say, cut their

2083
01:39:15,360 --> 01:39:17,320
Speaker 3: way into the through the fence with a little like

2084
01:39:17,479 --> 01:39:21,360
Speaker 3: little little angle grinder thingy, and then they do that,

2085
01:39:21,439 --> 01:39:23,320
Speaker 3: they spray the paint all over the windows, and then

2086
01:39:23,320 --> 01:39:26,240
Speaker 3: they sit on the ground and hug each other. Yay,

2087
01:39:26,800 --> 01:39:29,160
Speaker 3: see you tomorrow. Enjoy your evening news talks. He'd be.

2088
01:39:34,280 --> 01:39:56,800
Speaker 25: Yesus les ill loosen me starffter ill loosen me star

2089
01:39:57,080 --> 01:40:03,160
Speaker 25: stop stop ill loosen me. I can't find a postmart

2090
01:40:03,360 --> 01:40:04,760
Speaker 25: won't start anymore.

2091
01:40:06,240 --> 01:40:09,360
Speaker 1: For more from Hither Duplessy Allen Drive listen live to

2092
01:40:09,479 --> 01:40:12,519
Speaker 1: news Talks it'd b from four pm weekdays, or follow

2093
01:40:12,560 --> 01:40:14,280
Speaker 1: the podcast on iHeartRadio.