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

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Speaker 1: tame on hither due to see Ellen drive with one

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Speaker 1: New Zealand Let's get connected news Falk saidb.

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Speaker 2: Sophia Christani's death was quote a tragic accident that could

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Speaker 2: have been prevented. That is the ruling of Corona Heather

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Speaker 2: Mackenzie and her conclusion reflecting on that tragic accident. In

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Speaker 2: twenty nineteen, after five o'clock rece evening on news Talks HEADB,

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Speaker 2: we will take you to Dunedin for reaction from the

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Speaker 2: Students Association at a Tiger university. Ask them what they

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Speaker 2: are doing to make sure that tragic history is not repeated.

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Speaker 2: As well as that Hurricane Milton is drawing ever closer

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Speaker 2: to the coast of Florida, and this one right off

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Speaker 2: the back of Hurricane Helene looks like an absolute monster.

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Speaker 2: So I'm going to give you the very latest on

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Speaker 2: that shortly. Right now, it's eight past four. Team news

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Speaker 2: slash two e year right billboard accused of being bad taste.

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Speaker 3: WHOA.

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Speaker 2: For a moment there, I thought I'd been transported back

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Speaker 2: to two thousand and six. Is it in good taste? No,

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Speaker 2: of course not it's a billboard for a beer company.

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Speaker 2: For goodness sake, of course it's in bad taste. And

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Speaker 2: let's be honest, I don't think I don't think anyone

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Speaker 2: has ever accused of Tui being in good taste, if

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Speaker 2: you get what I mean. Anyway, given the extent to

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Speaker 2: which the sensational details of the Polkinghorn case have been

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Speaker 2: scandalizing the nation over the last few months, it's hardly

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Speaker 2: a surprise to see the billboards pop up around the country.

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Speaker 2: I'll be honest with you, it doesn't upset me. But

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Speaker 2: if I were Pauline Hander's family, YEP, I might quite

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Speaker 2: reasonably feel a bit miffed at a company trying to

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Speaker 2: cash in on something related to my death. But here's

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Speaker 2: the thing, even if it did upset me, And sometimes

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Speaker 2: the most effective strategy for opposing some thing is actually

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Speaker 2: to contain your outrage, especially when that thing is designed

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Speaker 2: to outrage. And I actually feel the same way about

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Speaker 2: aspects of the Treaty Principles bill debate. You know, I

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Speaker 2: wonder if the most extreme opposition to act's proposal might

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Speaker 2: not ultimately help ACTS cause. And you know, perhaps for

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Speaker 2: those who most vehemently oppose ACT suggestions perhaps a more

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Speaker 2: considered opposition might be a bit calmer, might be a

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Speaker 2: bit quieter, and ultimately starve the issue from the attention

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Speaker 2: upon which it'll very likely thrive. Two E is banking

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Speaker 2: on controversy. I mean it has literally set up a

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Speaker 2: feedback line so that people can voice their outrage. But

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Speaker 2: if you really, if you really, sincerely have a problem

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Speaker 2: with their billboards, don't give them the attention, and hey,

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Speaker 2: just don't buy two team nine to two nine two

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Speaker 2: is the tech number if you want to get in

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Speaker 2: touch at newstalk zeb dot co dot nz get this.

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Speaker 2: Less than half of all the dogs impounded in Auckland

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Speaker 2: last year made it out alive, with an average of

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Speaker 2: eleven dogs euthanized every day. Auckland Council euthanized just over

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Speaker 2: four thousand dogs in the last financial year, up fifty

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Speaker 2: percent on the year before it. It marks the first

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Speaker 2: time in a decade that more dogs were euthanized than

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Speaker 2: re homed or returned to their owners, and the council

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Speaker 2: is pleading potential owners. Pleading with potential owners to properly

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Speaker 2: consider if they can actually commit to all of the

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Speaker 2: responsibilities that come with caring for a dog. Ali Wayitoor

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Speaker 2: is Auckland Council's manager of Animal Behavement Management and she's

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Speaker 2: with us this evening, Kelder.

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Speaker 4: Good Evening's Jack.

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Speaker 2: Why has there been such a rise in the number

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Speaker 2: of euthanized dogs.

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Speaker 4: Well, we've had a huge increase of twenty six percent

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Speaker 4: of the pounded dogs across our shelters over us around

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Speaker 4: three eighty three hundred dogs and unfortunately we as being

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Speaker 4: the lowest claim rate from dog owners in about ten

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Speaker 4: years and only forty three percent of those dogs have

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Speaker 4: been claimed, so unfortunately that leads to increased euthanasias, which

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Speaker 4: is half on everybody.

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Speaker 2: Yeah, it must be really painful, But why do you

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Speaker 2: think you've had so many more dogs being impounded in

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Speaker 2: the first place.

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Speaker 4: There's been a sort of a puppy boom across Auckland

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Speaker 4: since COVID. We've noticed that there's a lot of puppies

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Speaker 4: being dumped in parks and our shelters, all of people

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Speaker 4: trying to relinquish puppies. So I think that there are

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Speaker 4: people who are getting dogs which probably aren't in a

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Speaker 4: position where they should have a dog, and the funds

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Speaker 4: to look after them don't have the proper fencing, they're

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Speaker 4: letting them roam and they're ending up in our shelters.

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Speaker 2: But do you put that down to COVID. Is it

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Speaker 2: like a COVID hangover kind of thing?

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Speaker 4: Well, there, that indeed sext thing. So we're definitely seen

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Speaker 4: a puppy boon since then, and our known dog popular

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Speaker 4: each year has increased exponentially compared to pre COVID, So

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Speaker 4: there's definitely an isition in terms of desexing, and around

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Speaker 4: eighty three percent of the dogs in the last three

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Speaker 4: years through our shelters are entire and haven't been desex

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Speaker 4: so that gives us a bit of a picture of

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Speaker 4: what's happening out there.

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Speaker 2: Yeah, right, So eight hundred and fifty dogs had to

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Speaker 2: be euthanized because the shelters were full. So talk to

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Speaker 2: us though about the efforts that the team takes to

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Speaker 2: actually try and rehome the dogs.

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Speaker 4: So or the dogs that come through here, they're kept

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Speaker 4: for a minimum of seven days to allow the owners

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Speaker 4: to come forward and to claim the dog where the

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Speaker 4: dog is unclaimed, and some as we do, enable extensions

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Speaker 4: for owners who have genuine reason that they may be

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Speaker 4: a couple of days late, but the start they implement

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Speaker 4: test the dog, or we need to make sure that

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Speaker 4: any dog that we're potentially going to rehome is suitable

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Speaker 4: to go back into the community and won't pose a risk.

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Speaker 4: But the dogs that were ethnos due to capacity, there

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Speaker 4: were potentially adoptable dogs, but there's nowhere for them to go.

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Speaker 4: So when you look at that large number and the

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Speaker 4: four thousand dogs who put down, where do people think

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Speaker 4: that four thousand dogs are going to go every year

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Speaker 4: where they're going to be looked after, cared for, fed,

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Speaker 4: often unsocialized. So unfortunately, there's just very limited options for

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Speaker 4: those dogs other than to be euthanized.

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Speaker 2: So sad, I mean, how does it affect you and

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Speaker 2: your team?

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Speaker 5: Ali devastating.

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Speaker 4: They're all dog lovers, all of us in animal management them,

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Speaker 4: almost all of us have dogs, a lot of them

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Speaker 4: pound dogs, and it's really difficult, particularly on the shelter

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Speaker 4: staff who have to support the vets during euthanasias, but

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Speaker 4: also our field officers who are picking these dogs up

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Speaker 4: as well, and the abuse that they suffer at the

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Speaker 4: hands of the community and on Facebook, social media, that

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Speaker 4: sort of thing. So it's really devastating. But of course

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Speaker 4: the ultimate triest is paid by the dogs and the

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Speaker 4: owners who don't claim them are four thousand owners go

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Speaker 4: on and get another one from up the road and

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Speaker 4: the process starts all over again.

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Speaker 2: Does that happen quite often?

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Speaker 4: Well, constantly? Yeah, dog ends up in the pound, owner

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Speaker 4: doesn't claim it, we've been handed out like Lolli's. They

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Speaker 4: get another dog and that ends up in the pound

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Speaker 4: in six six months time. So that's the cycle that's happening.

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Speaker 4: And we're teaching where children are being taught and that's

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Speaker 4: the appropriate way to care for a dog in your position.

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Speaker 2: Yeah, so how do we break the cycle? What would

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Speaker 2: be your message?

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Speaker 4: Decet thing six de sts. You know, there's a lot

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Speaker 4: of the issues we're having are in these low socio

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Speaker 4: economic areas. So we do have some programs that we've

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Speaker 4: been running. One of them was to provide free D

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Speaker 4: sixteen four dogs. Claspider is menacing and also the high

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Speaker 4: risk of dog attack areas. We have limited funding for that,

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Speaker 4: and this high demand business has some issues with vet

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Speaker 4: capacity to keep up with the demand. But what it

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Speaker 4: really needs, and my view is for c central government

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Speaker 4: to support to look at the statistics, realize the enormity

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Speaker 4: of the situation, and to put together some form of

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Speaker 4: funding and campaign to help change people's behavior attitudes towards

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Speaker 4: desecting and roaming and provide some services to get these

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Speaker 4: dogs these sets because when we think, be foolish not

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Speaker 4: to think. There's ten female dogs having lists of puppies

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Speaker 4: across Auckland today, right and as we're desexing one hundred

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Speaker 4: a day, we're not keeping on top of it and

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Speaker 4: it's going.

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Speaker 5: To get worse.

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Speaker 2: Yeah, that's really tough. Thank you, Alie, really appreciate your time.

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Speaker 2: Ali Wyitour, who's Auckland City Council's Animal Management manager. Dog

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Speaker 2: attacksas year up fourteen percent in Auckland as well, and

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Speaker 2: it's incredible complaints from the public about abandoned almost treated

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Speaker 2: dogs up eighty percent in just a year. Thank you

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Speaker 2: for your feedback.

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Speaker 6: Jack.

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Speaker 2: When it comes down to it, there are lots of

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Speaker 2: apartments around now and many of them won't allow dogs.

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Speaker 2: Jack leave dogs to professional breeders. Make it so you

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Speaker 2: have to have a license for breeding dogs. They're living

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Speaker 2: creatures and deserve the same kind of rights as humans.

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Speaker 2: You've got my support on that one. I think it's

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Speaker 2: a really good idea. You have to have a license

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Speaker 2: to breed dogs if you're breeding them for sale. And

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Speaker 2: Jack regarding the toey billboards, absolutely love them. Think it's hilarious.

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Speaker 2: At the moment I saw them, I was so delighted

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Speaker 2: the towy billboards were back. Thank you for that, Aaron.

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Speaker 2: If you want to send us a message, nine to

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Speaker 2: two nine two is the text number. Don't forget that

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Speaker 2: standard text costs apply if you are doing that. A

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Speaker 2: couple of minutes we'll get our sporto's thoughts on news

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Speaker 2: that well. The message from Akira Yuani to Hoskinstitutu, don't

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Speaker 2: stick around New Zealand's done. You're dirty. Head to the

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Speaker 2: UK instead.

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Speaker 7: Digging deeper into the day's headlines, it's hither duper c

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Speaker 7: Allen drive with one usal a t one j of

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Speaker 7: leaf for business used talks'd be sport with the new

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Speaker 7: tab app downloaded today eighteen bed responsibly and.

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Speaker 2: The host of Sports Talk tonight from seven o'clock on

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Speaker 2: News Talks, he'd be Nick Bewley. Is a wea us highnak.

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Speaker 6: Good afternoon, Jack.

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Speaker 3: So.

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Speaker 2: Akira Yoani has urged Hoskins Tutu to switch to England

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Speaker 2: after the latest selection snub, although Hoskins tutu is going

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Speaker 2: to be playing for the New Zealand All Backs fifteen.

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Speaker 6: Correct.

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Speaker 8: Yeah, so he's still there or thereabouts, isn't he? After

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Speaker 8: being the Super Rugby Pacific Player of the Year. Hoskins setutu.

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Speaker 8: He didn't make that All Blacks fifteen squad last year. Jack,

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Speaker 8: and I guess after that point in time when Jason

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Speaker 8: Ryan was the All Black sports coach, then of course

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Speaker 8: under En Foster, but now under Scott Robertson as the

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Speaker 8: head coach, I guess it looked like the writing was

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Speaker 8: on the wall that Hoskins wouldn't be able to force

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Speaker 8: himself back into either squad, no matter how good his

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Speaker 8: form was in Super Rugby or MPC. But today he

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Speaker 8: is among twenty twenty nine man squad for that All

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Speaker 8: Blacks fifteen tour games against Munster and Georgia. I do wonder, though,

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Speaker 8: if he's sort of been taken along just to I'm

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Speaker 8: not necessarily taken along for a bit of a ride,

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Speaker 8: but there just to sort of say we want you here,

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Speaker 8: we want you in New Zealand, we want you as

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Speaker 8: an option, whether you're the fourth, sixth choice loose forward,

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Speaker 8: just please stay around as opposed to being lost to

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Speaker 8: another country. As you say, he's got three different options

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Speaker 8: in terms of eligibility. He's played for the All Blacks,

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Speaker 8: his father played for Fiji, so he could wait it

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Speaker 8: out and play for Fiji. And his mother was born

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Speaker 8: in England, so he's got options. I'm sure he'll have suitors.

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Speaker 8: He's an outstanding player, but for the time being he's

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Speaker 8: going to be in this development team for the All

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Speaker 8: Blacks and on the cusp of the All Blacks selection.

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Speaker 2: I mean Georgia, you know, it's hardly the world's I mean, like,

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Speaker 2: I don't want to speak too soon, but in terms

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Speaker 2: of the standard of opposition to the All Blacks, I've

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Speaker 2: been Monster might be a bit trickier, but Georgia really.

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Speaker 8: Yeah, it's in Montpellier as well, which is a nice

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Speaker 8: part of the world jack. But yeah, as a curious solution,

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Speaker 8: Georgia just no disrespect to them. They are there on

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Speaker 8: the way up. But yeah, I would have thought our

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Speaker 8: development side would beat Georgia rather convincingly. Munster different proposition

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Speaker 8: depends again on who's available for them, whether they'll play

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Speaker 8: some of their front line Irish internationals.

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Speaker 6: But I'm intrigued.

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Speaker 8: These are the next wave of telling. A lot of

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Speaker 8: guys like Peter Larquye, who I thought might be on

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Speaker 8: the cusp of all Black selection. On that in the

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Speaker 8: year tour squad that was named yesterday he features. We've

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Speaker 8: got a lock by the name of Fabian Holland who's

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Speaker 8: just become eligible. He grew up in the Netherlands.

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Speaker 2: He's in there.

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Speaker 8: So it's very much the next wave knocking on the doors.

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Speaker 8: These guys could be there at the twenty twenty seven

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Speaker 8: Rugby World Cup.

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Speaker 2: Stacy Jones has named his KEYWI squad for the Pacific Championship.

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Speaker 8: He has and poor old Stacy Jones first time of

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Speaker 8: course as a head coach and eight players is called

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Speaker 8: upon eight new players and Peter Herku out of Super League.

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Speaker 8: The reason I say poor old Stacy Jones is this

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Speaker 8: is because after a grueling NRL season, Jack, you know

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Speaker 8: this best part of I think it's twenty seven round

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Speaker 8: in the regular season plus four weeks of finals. A

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Speaker 8: bunch of his frontline players just aren't available through injury

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Speaker 8: or being told by their clubs you're better off having

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Speaker 8: a bit of a tidy up surgery and getting ready

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Speaker 8: for going around again in the NRAL in twenty twenty five,

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Speaker 8: so a lot of big names out, but at the

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Speaker 8: same time it will be interesting to see how some

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Speaker 8: of these young guys go. There's a guy made me

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Speaker 8: feel a bit old, born in two thousand and six.

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Speaker 8: He's only eighteen, Casey McLain. He's played a handful of

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Speaker 8: games for the Penrith Panthers, of course, you know what

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Speaker 8: a stellar system to be in and amongst with Ivan

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Speaker 8: Cleary in the last four years winning all those NRL titles.

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Speaker 2: But he's there.

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Speaker 8: Looking forward to seeing if he'll get an opportunity and

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Speaker 8: another one out of the Penrith system as well.

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Speaker 2: In Trent to toy.

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Speaker 8: Lal he plays a a bit in the Harves, a

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Speaker 8: bit at hooker, which is particularly a position of a

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Speaker 8: bit of an issue with some of those injuries, So

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Speaker 8: looking forward to that. We get them down here in

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Speaker 8: my neck of the woods, Jack and christ Church a

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Speaker 8: labor weekend against the kangaroos.

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Speaker 2: So yeah, good, that's gonna be a massive weekend. Thank

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Speaker 2: you so much, Nick. Nick Burley will be behind the

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Speaker 2: mic for Sport Talk this evening right after seven o'clock

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Speaker 2: news on News talks 'b right now, it's twenty three

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Speaker 2: past four.

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Speaker 1: The day's newsweakers talk to Jack first, Jack Dame on

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Speaker 1: Hither duple see Alan drive with one New Zealand Let's

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Speaker 1: get connected news talk.

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Speaker 2: Said, be thank you for your feedback this afternoon. He

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Speaker 2: some messages coming through. Get Ajax's Peter to parallel tooy

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Speaker 2: billboards and what to do with them and David Seymour

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Speaker 2: is an abuse of your position. Sorry, Peter, I'll take

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Speaker 2: that one. I wasn't paralleling David Seymour in the tooy billboards.

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Speaker 2: I was rather paralleling outrage. Sometimes. I just think that

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Speaker 2: lots of things in our culture, and certainly social media

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Speaker 2: plays a big role in this. Mean that people, when

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Speaker 2: they are upset, decide to get as loud as possible

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Speaker 2: when they're outraged. And sometimes I think a more effective

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Speaker 2: opposition if you are opposed to something, be at a billboard,

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Speaker 2: be at a piece of policy, is to not immediately

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Speaker 2: go from first to fifth, is to not immediately go

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Speaker 2: from zero to one hundred, and just to be a

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Speaker 2: little bit more considered in your response. That's what That's

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Speaker 2: the point I was trying to make Jack owning a

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Speaker 2: dog that is not de sext should be illegal and

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Speaker 2: the dog should be removed. If the law is broken,

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Speaker 2: only licensed dog breeders who meet strict requirements should allow

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Speaker 2: dogs should be allowed dogs that are not de sex.

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Speaker 2: I think it's a great idea. Doesn't have a problem

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Speaker 2: with me. Ninety ninety two. If you want to send

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Speaker 2: us some messon, we're going to get the latest on

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Speaker 2: the latest hurricane to hit the US.

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Speaker 1: Next the name you trust to get the answers you need,

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Speaker 1: Jack tame On, Heather Duplicy, Alan Drive with one New Zealand,

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Speaker 1: let's get connected.

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Speaker 6: And news talk.

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Speaker 3: As said, be.

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Speaker 9: Again News with Jack tame in for Heather.

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Speaker 2: She's just having a little bit of a break this week,

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Speaker 2: little bit of a rest, but she's going to be

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Speaker 2: back next week. Hey, after five o'clock, we're gonna get

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Speaker 2: the very latest on HMNZ s Manamanui. You know, we've

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Speaker 2: just been in little little tidbits of information over the

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Speaker 2: last few days. So last night on the show, Nicola

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Speaker 2: Willis told us that the ship had the equivalent the

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Speaker 2: ship equivalent of the third party insurance, which means the

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Speaker 2: ship itself was not insured, of course, but that parts

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Speaker 2: of the salvage slash cleanup were insured, although the Finance

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Speaker 2: minister didn't know exactly how much. For Sarma's government now

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Speaker 2: says that the oil spilled risk is its single biggest concern,

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Speaker 2: with confirmation the manamanus carrying one thousand tons of diesel

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Speaker 2: when it went down. So we're going to get the

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Speaker 2: very latest on that situation for you right after five o'clock.

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Speaker 2: Right now it is twenty four minutes to five.

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Speaker 1: It's the world wires on news.

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Speaker 3: Dogs'd be drive.

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Speaker 2: And strikes have continued in the Middle East, coming from

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Speaker 2: both sides of the border.

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Speaker 10: Vowing to continue a long war of attrition. Hamas fired

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Speaker 10: a volley of rockets at Tel Aviv, the attack causing

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Speaker 10: some shock but little damage. In Lebanon, Hesbla attacked Haifa,

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Speaker 10: a port city in the north as the Israelis launched

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Speaker 10: a massive response, one hundred aircraft targeting one hundred and

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Speaker 10: twenty sites in the space.

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Speaker 6: Of an hour.

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Speaker 2: Hurricane Milton is quickly becoming an absolute monster off.

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Speaker 11: The coast of Florida, up to one hundred and eighty

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Speaker 11: miles per hour, and in fact, it's forecast Jake to

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Speaker 11: get to one eighty five after midnight tonight and then

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Speaker 11: make landfall either as a Category four or a Category

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Speaker 11: three very close to Tampa. The forecast surge in Tampa

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Speaker 11: itself is now ten to fifteen feet.

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Speaker 2: Republicans are continuing to attack Kamala Harris's response to Hurricane Helene.

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Speaker 2: He's seen it at John Kelly.

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Speaker 12: Last couple of days. The Vice President goes on some

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Speaker 12: show called call Call Her Daddy, or call your Daddy,

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Speaker 12: or or hoosually Daddy and among others. She's talking about

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Speaker 12: about tamponch You know, the people of Appalachia right now

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Speaker 12: don't give a function about Tampanche.

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Speaker 3: They need water.

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Speaker 2: Meanwhile, Donald Trump has been relaying a message to the

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Speaker 2: women of America.

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Speaker 13: I say to the women, and I think I do

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Speaker 13: very well with the women. Actually, I think it's a

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Speaker 13: lot of fake polling. I think I do very well

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Speaker 13: because I say I will keep you safe. I'm not

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Speaker 13: not going to allow prisoners to come out from Venezuela

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Speaker 13: and many other countries all over the world, the Congo,

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Speaker 13: the Middle East. They come out from the Congo in

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Speaker 13: tremendous numbers. I am going to keep you safe. I'm

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Speaker 13: not gonna let people hurt you.

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Speaker 2: And finally had a bad day taken down. A UK

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Speaker 2: shopper has been taking the hospital after colliflower fell on

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Speaker 2: her heads. Sammy May was walking down the aisles when

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Speaker 2: the vegetable allegedly fell one point two meters from a

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Speaker 2: top shelf. My was treated in hospital for a headache,

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Speaker 2: nausea and dizziness. It was later diagnosed with post concussion syndrome.

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Speaker 1: International correspondence with Ends and Eye Insurance Peace of mind

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Speaker 1: for New Zealand business.

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Speaker 2: The Fank correspond to Murray Old is with us afternoon

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Speaker 2: yet a.

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Speaker 6: Murray Jack very good afternoon.

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Speaker 2: So October seventh was the one year anniversary of the

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Speaker 2: attacks in Israel, and Anthony Albanezi has been getting smashed

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Speaker 2: on the political optics of Israel twenty four hours.

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Speaker 14: Absolutely right, Yeah, look, look there are lots and lots

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Speaker 14: of moving parts and central among them. According to his critics,

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Speaker 14: Anthony Alberaniz, he has been more worried about domestic politics

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Speaker 14: than he has been for on the one hand, the extraordinary, hideous,

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Speaker 14: atrocious loss of Israeli lives a year ago at the

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Speaker 14: hands of those butchers from Harmas, but then also failing

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Speaker 14: to call out what Israel's been doing to the civilian

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Speaker 14: population of Gaza, with the United Nations saying at least

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Speaker 14: forty thousand people have been killed by the Israeli response,

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Speaker 14: most of them women and children. So politically he's in

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Speaker 14: a bit of a bind Albanesi because many seats that

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Speaker 14: Labour holds in the current Federal Parliament contain some of

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Speaker 14: the largest populations of Middle East Muslim people that have

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Speaker 14: moved and migrated to Australia. So he's very anxious, clearly

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Speaker 14: anxious given the closest of the upcoming election that Labor

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Speaker 14: for obvious reasons, Jack has not wanted to upset and

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Speaker 14: eighty and eight those very important voters in those very

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Speaker 14: important seats, and he's been getting kicked silly by Peter

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Speaker 14: Dutton in the Opposition over this. So finally, after twelve months,

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Speaker 14: he staggers to the line in Parliament today and puts

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Speaker 14: up a motion that condemns the Harmas attack, says that

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Speaker 14: Israel and the Jews around the world will always have

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Speaker 14: a day of pain on the anniversary of what happened,

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Speaker 14: and it must have been a cruel eternity, he said,

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Speaker 14: since the loss of twelve hundred lives and the kidnapping

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Speaker 14: of two hundred and fifty more Jews, but Peter Dutton

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Speaker 14: has slapped him silly. When it comes to will you

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Speaker 14: support this motion as condemnation, Dutton says no, because the

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Speaker 14: motion refers to every life matters, a reference there to

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Speaker 14: the Palestinian people who have been killed. Dunton says it

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Speaker 14: should only be about October seventh last year. It should

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Speaker 14: only about the be about the Hamas attack on Israel.

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Speaker 6: That's where it starts and finishes.

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Speaker 14: And I was reminded when I heard Dutton speaking of

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Speaker 14: the Parliament today. Thirty one years ago nineteen ninety three,

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Speaker 14: Paul Keating stands up in the Parliament, leans across the

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Speaker 14: dispatch box because John Houston's there, the Liberal leader, opposition leader,

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Speaker 14: leans across and says, mate, I'm going to do you slowly.

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Speaker 14: And it's just one of those epic keithing one liners

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Speaker 14: that resounded down the years. And that's exactly what it's

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Speaker 14: like for Albaniz. He doesn't know which way to turn.

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Speaker 2: Yeah, you can see that. Politically, I mean, this is

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Speaker 2: so tough. This is such a fraught subject everywhere, right,

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Speaker 2: but especially I mean.

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Speaker 6: What's happening in the y with the president and elected.

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Speaker 2: I mean that, but the populations in Australia. You have

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Speaker 2: a large Muslim population, a large Palestine, your large Lebanese population,

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Speaker 2: but also Jewish large popularly exactly a large Jewish population,

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Speaker 2: and so there's just you know it is. You can

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Speaker 2: just see how fraught this is for a politician to

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Speaker 2: try and navigate. And we've had a clash between the

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Speaker 2: New South Wales governor and a pro Palestine group over

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Speaker 2: the future of demonstrations in Sydney.

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Speaker 6: Yeah, for fifty two straight weeks.

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Speaker 14: Is an outfit called the Palestine Action Group which has

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Speaker 14: been on.

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Speaker 6: The streets of Sydney.

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Speaker 14: We're mainly in Hyde Park, which for those who know

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Speaker 14: the city, it's right on the CBD Lovely Park in

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Speaker 14: the middle of town. And they've had, you know, tens

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Speaker 14: of thousands of people go to these rallies every single week,

438
00:22:47,760 --> 00:22:50,440
Speaker 14: every Sunday for fifty two weeks. Ever since that a

439
00:22:50,520 --> 00:22:53,639
Speaker 14: trusted he happened, Well, the government has saenter this morning

440
00:22:53,720 --> 00:22:56,560
Speaker 14: the pretty broad head. It's looking at changing the rules

441
00:22:56,600 --> 00:23:01,720
Speaker 14: around whether you can and cannot keep on demonstrating every

442
00:23:01,760 --> 00:23:04,720
Speaker 14: single week. The Premier still up this morning Chris Men's

443
00:23:04,720 --> 00:23:07,000
Speaker 14: at a door stop and said, listen, the cost of

444
00:23:07,080 --> 00:23:10,040
Speaker 14: taxpayers is going to the roof, and the cost in

445
00:23:10,160 --> 00:23:14,560
Speaker 14: terms of police resources is also becoming unsustainable because every

446
00:23:14,600 --> 00:23:17,359
Speaker 14: time there's a protest you've got hundreds and hundreds and

447
00:23:17,440 --> 00:23:21,480
Speaker 14: hundreds of coppers, men and women out there guaranteeing public safety.

448
00:23:21,520 --> 00:23:23,359
Speaker 6: It's just a fact of life. You have to have that.

449
00:23:23,960 --> 00:23:26,679
Speaker 14: And what Men's was saying this morning again as the

450
00:23:26,720 --> 00:23:30,960
Speaker 14: reference of the political difficulties that leaders are facing, he said, listen,

451
00:23:31,000 --> 00:23:32,960
Speaker 14: you're allowed to protest, but we're going to be looking

452
00:23:33,000 --> 00:23:35,800
Speaker 14: at changing the rules. Well, you can't do that because

453
00:23:35,840 --> 00:23:38,840
Speaker 14: it's the Supreme Court in New South Wales that changes

454
00:23:38,880 --> 00:23:41,919
Speaker 14: any rules around peaceful, lawful gatherings.

455
00:23:42,240 --> 00:23:46,120
Speaker 6: There's no law against protesting. It's a free country.

456
00:23:46,320 --> 00:23:49,720
Speaker 14: But what Men's is trying to do is maybe set

457
00:23:49,800 --> 00:23:52,880
Speaker 14: the stage for some sort of tweaking of the rules

458
00:23:53,359 --> 00:23:57,520
Speaker 14: because without police around them, demonstrators have to apply to

459
00:23:57,600 --> 00:24:00,000
Speaker 14: police for permission under the rules in New South Wales.

460
00:24:00,760 --> 00:24:02,919
Speaker 14: If police say no, you can't do it this Sunday

461
00:24:02,920 --> 00:24:05,240
Speaker 14: because we haven't got enough offices, that has to go

462
00:24:05,280 --> 00:24:06,840
Speaker 14: to the Supreme Court for adjudication.

463
00:24:07,440 --> 00:24:09,199
Speaker 6: So where this is going to land, I don't know.

464
00:24:09,280 --> 00:24:11,159
Speaker 14: I spoke to both sides today when I was in

465
00:24:11,200 --> 00:24:17,760
Speaker 14: the newsroom and there's absolutely no possible resolution inside as

466
00:24:17,800 --> 00:24:19,040
Speaker 14: far as either side's concerned.

467
00:24:19,440 --> 00:24:21,880
Speaker 2: And you've got the opposition leader or the ex opposition

468
00:24:21,960 --> 00:24:24,760
Speaker 2: leader in South Australia now leaving parliament and then his

469
00:24:24,840 --> 00:24:25,640
Speaker 2: drugs scandal.

470
00:24:26,119 --> 00:24:28,440
Speaker 6: This is a mess. His name's David Spears. He's thirty

471
00:24:28,520 --> 00:24:29,520
Speaker 6: nine years old.

472
00:24:30,119 --> 00:24:33,240
Speaker 14: He is the former Liberal leader in South Australia. As

473
00:24:33,240 --> 00:24:36,560
Speaker 14: you say, he stepped down as opposition leader eight weeks ago,

474
00:24:37,119 --> 00:24:40,200
Speaker 14: and that was eight weeks before South Australian Police confirmed

475
00:24:40,240 --> 00:24:45,040
Speaker 14: he was facing two charges of supplying illegal drugs. Police

476
00:24:45,080 --> 00:24:47,920
Speaker 14: apparently raided two properties, one on Adelaide, one out on

477
00:24:48,000 --> 00:24:50,520
Speaker 14: the South Australian Riverland. Beautiful part of the world. There

478
00:24:50,560 --> 00:24:52,840
Speaker 14: they grow wine and all sorts of fruit and whatnot.

479
00:24:53,240 --> 00:24:58,080
Speaker 14: That must be his holiday home anyway. Spears reportedly cocaine

480
00:24:58,240 --> 00:25:00,640
Speaker 14: is the drug involved here. You don't know that from

481
00:25:00,640 --> 00:25:03,919
Speaker 14: police at this point. That's only what's being reported. But

482
00:25:04,080 --> 00:25:07,480
Speaker 14: David Spears, denying all the allegations, says his mental health

483
00:25:07,520 --> 00:25:10,800
Speaker 14: has been sliding, not surprisingly, needs to be with his

484
00:25:10,880 --> 00:25:13,080
Speaker 14: family and quote, he hasn't been my best self.

485
00:25:13,119 --> 00:25:15,760
Speaker 6: Well hello, come in, spinner.

486
00:25:16,080 --> 00:25:18,080
Speaker 14: He's at a hell of a time, and only a

487
00:25:18,080 --> 00:25:20,119
Speaker 14: minute ago he was you know I'm going to be

488
00:25:20,160 --> 00:25:23,680
Speaker 14: next premier. Well sadly, no, just mind the door doesn't

489
00:25:23,720 --> 00:25:24,880
Speaker 14: hit you on the bum on the way out.

490
00:25:25,480 --> 00:25:28,000
Speaker 2: And Murray finally, are all the Aussies who want out

491
00:25:28,000 --> 00:25:28,960
Speaker 2: of Lebanon out?

492
00:25:29,600 --> 00:25:30,080
Speaker 6: No they're not.

493
00:25:30,720 --> 00:25:33,479
Speaker 14: There are still many, many more. The government is arranging flights.

494
00:25:33,520 --> 00:25:36,840
Speaker 14: In fact, the first one got in last night to Sydney.

495
00:25:37,000 --> 00:25:39,760
Speaker 14: More are planned. I think a couple of planned this evening.

496
00:25:40,080 --> 00:25:43,280
Speaker 14: I think they're only coming into Sydney. There were about

497
00:25:43,320 --> 00:25:48,080
Speaker 14: fifteen sixteen thousand Australians living in Lebanon or visiting Lebanon.

498
00:25:48,359 --> 00:25:50,360
Speaker 14: That was the number that popped up last week when

499
00:25:50,359 --> 00:25:53,840
Speaker 14: the Israeli invasion began. The government saimp listen, whatever you

500
00:25:53,880 --> 00:25:55,800
Speaker 14: can get on a flight, don't worry about it as

501
00:25:55,840 --> 00:25:58,200
Speaker 14: not to Dubai, or it's not through London or Paris.

502
00:25:58,600 --> 00:26:00,119
Speaker 6: Get out of there if you can.

503
00:26:00,240 --> 00:26:03,160
Speaker 14: So the government is doing its best to as long

504
00:26:03,160 --> 00:26:06,800
Speaker 14: as the Beyroute International Airport remains open. The government says

505
00:26:06,800 --> 00:26:08,960
Speaker 14: it'll keep on putting on flights to get Ozzie's home.

506
00:26:09,280 --> 00:26:12,440
Speaker 2: Hey, thanks for your time, really appreciate it. Murray. Olds

507
00:26:12,480 --> 00:26:14,200
Speaker 2: are Australian correspondent. They're just so you know. In the

508
00:26:14,280 --> 00:26:18,639
Speaker 2: last few minutes, Roy Morgan has released its September New

509
00:26:18,720 --> 00:26:21,760
Speaker 2: Zealand Politics poll. You know they poll New Zealand politics

510
00:26:21,760 --> 00:26:25,720
Speaker 2: every month. It shows that the coalition government support has

511
00:26:25,760 --> 00:26:28,960
Speaker 2: increased again, up two points to fifty five percent now,

512
00:26:29,040 --> 00:26:32,440
Speaker 2: which is a very comfortable lead over the Labor Greens

513
00:26:32,520 --> 00:26:36,359
Speaker 2: to Party Maldi opposition that's down now at forty one percent.

514
00:26:36,400 --> 00:26:38,200
Speaker 2: So I'll give you the baseline numbers for the parties

515
00:26:38,200 --> 00:26:40,440
Speaker 2: that are in parliament. National is up one point five

516
00:26:40,440 --> 00:26:43,639
Speaker 2: percent according to Roy Morgan to thirty seven point five.

517
00:26:44,240 --> 00:26:48,240
Speaker 2: Labour is down three point five to twenty three percent.

518
00:26:49,240 --> 00:26:52,160
Speaker 2: The Greens have gone up one which is remarkable given

519
00:26:52,160 --> 00:26:55,879
Speaker 2: the Darling Tunner situation continues there at fourteen percent, Actors

520
00:26:55,880 --> 00:26:58,040
Speaker 2: at ten percent, up half a percent. New Zealand Verse

521
00:26:58,119 --> 00:27:01,280
Speaker 2: unchanged at seven point five, to Party Monet four percent

522
00:27:01,720 --> 00:27:03,520
Speaker 2: fourteen to five. You're rejectaying this is news.

523
00:27:03,520 --> 00:27:08,119
Speaker 1: Dorgsy'd be politics with centrics credit, check your customers and

524
00:27:08,160 --> 00:27:10,040
Speaker 1: get payments certainty New Storks.

525
00:27:10,080 --> 00:27:13,320
Speaker 2: He'd be senior political reporter. Sophie Trigger is with us killed.

526
00:27:13,119 --> 00:27:14,520
Speaker 15: A good afternoon, Jack.

527
00:27:14,680 --> 00:27:17,439
Speaker 2: So the fast track list has revealed a proposal to

528
00:27:17,520 --> 00:27:21,040
Speaker 2: nearly double the capacity of Auckland Prison. So what's happening there.

529
00:27:20,920 --> 00:27:23,440
Speaker 15: Yeah, that's right, Jack, a really interesting one to come

530
00:27:23,440 --> 00:27:26,520
Speaker 15: out of the list of potential fast track projects unveiled

531
00:27:26,560 --> 00:27:29,919
Speaker 15: over the weekend. So it's a proposal for Auckland Prison

532
00:27:30,000 --> 00:27:33,080
Speaker 15: and the project description says it would alter the prison's

533
00:27:33,160 --> 00:27:37,359
Speaker 15: designation conditions under Auckland's Unitary Plan via what's called a

534
00:27:37,440 --> 00:27:40,800
Speaker 15: nose of requirement, allowing the current cap on prisoner numbers

535
00:27:41,040 --> 00:27:43,240
Speaker 15: to be increased from six hundred and eighty one to

536
00:27:43,359 --> 00:27:46,480
Speaker 15: twelve hundred. The Department of Corrections says there are no

537
00:27:46,560 --> 00:27:49,240
Speaker 15: immediate plans to expand the prison, but it has applied

538
00:27:49,280 --> 00:27:52,359
Speaker 15: for fast tracking so it could respond quicker to any

539
00:27:52,400 --> 00:27:56,600
Speaker 15: future increases in demand. Now, Corrections Minister Mark Mitchell has

540
00:27:56,640 --> 00:27:59,399
Speaker 15: told The Herald he anticipates there being an increase of

541
00:27:59,440 --> 00:28:02,520
Speaker 15: people coming into the corrections system in the short term.

542
00:28:02,960 --> 00:28:05,119
Speaker 15: We know, of course, that the government has made tougher

543
00:28:05,240 --> 00:28:08,919
Speaker 15: sentences for serious offenders part of its crackdown on crime.

544
00:28:09,680 --> 00:28:12,879
Speaker 15: When the sentence singing reforms were announced by the Justice

545
00:28:12,920 --> 00:28:17,160
Speaker 15: Minister earlier this year. Measures like capping sentence discounts implementing

546
00:28:17,240 --> 00:28:20,720
Speaker 15: a sliding scale for early guilty please. For example, he said,

547
00:28:20,760 --> 00:28:23,920
Speaker 15: at that time it was estimated to add between fourteen

548
00:28:24,000 --> 00:28:27,600
Speaker 15: hundred and eighty to seventeen hundred and thirty prisoners per

549
00:28:27,760 --> 00:28:30,960
Speaker 15: ANNAM over ten years. So this does look very much

550
00:28:31,080 --> 00:28:35,240
Speaker 15: like more prison capacity could be needed, and Mitchell says

551
00:28:35,400 --> 00:28:40,200
Speaker 15: Corrections is being proactive amid forecast for prison population growth.

552
00:28:41,560 --> 00:28:44,320
Speaker 2: Now a debate is going ahead tonight between ex David

553
00:28:44,360 --> 00:28:47,080
Speaker 2: Seymour and Nazi Touris chief executive Helmet Modlegs. So what

554
00:28:47,120 --> 00:28:47,880
Speaker 2: can we expect?

555
00:28:48,400 --> 00:28:50,400
Speaker 15: Yes, this is going to be an interesting one, Jack.

556
00:28:50,440 --> 00:28:52,960
Speaker 15: The Treaty Principal's Bill has of course been in the

557
00:28:52,960 --> 00:28:58,960
Speaker 15: public consciousness for quite a while, and while the bill's architect,

558
00:28:59,080 --> 00:29:01,640
Speaker 15: David Seymour has been speaking about it since, you know,

559
00:29:01,760 --> 00:29:04,440
Speaker 15: before last year's election, tonight will be the first time

560
00:29:04,520 --> 00:29:07,320
Speaker 15: he publicly debates the bill and he will be going

561
00:29:07,360 --> 00:29:10,120
Speaker 15: head to head, as you say, with NATITOA chief executive

562
00:29:10,160 --> 00:29:14,000
Speaker 15: Helmet Modlick on the Working Group podcast. Both were on

563
00:29:14,160 --> 00:29:16,800
Speaker 15: news Talk z B earlier this morning, and here is

564
00:29:16,880 --> 00:29:19,960
Speaker 15: first what Seymour had to say to Mike Cosking ahead

565
00:29:20,000 --> 00:29:20,520
Speaker 15: of the debate.

566
00:29:21,000 --> 00:29:23,239
Speaker 16: I think it's going to be a good discussion, and

567
00:29:23,320 --> 00:29:25,440
Speaker 16: I think there'll be a model for what can happen

568
00:29:25,480 --> 00:29:28,560
Speaker 16: with this truitty Principles Bill, because ultimately there are people

569
00:29:28,600 --> 00:29:30,520
Speaker 16: that want it to be all bad and we can't

570
00:29:30,560 --> 00:29:32,560
Speaker 16: have an opinion and I shouldn't be able to say

571
00:29:32,600 --> 00:29:34,920
Speaker 16: anything because we're not experts. But I actually think that

572
00:29:35,000 --> 00:29:37,200
Speaker 16: New Zealand needs to mature a little bit to the

573
00:29:37,200 --> 00:29:39,760
Speaker 16: point where ordinary people can have an opinion about their

574
00:29:39,760 --> 00:29:41,320
Speaker 16: country's constitutional future.

575
00:29:41,920 --> 00:29:42,120
Speaker 3: Now.

576
00:29:42,160 --> 00:29:45,400
Speaker 15: Madlik said he reached out to Seymour immediately after. Seymour

577
00:29:45,440 --> 00:29:49,200
Speaker 15: said he wanted a national conversation about tatidity, and he

578
00:29:49,280 --> 00:29:52,520
Speaker 15: spoke to Ryan Bridge on early Editions, saying he's also

579
00:29:52,680 --> 00:29:53,480
Speaker 15: keen for a debate.

580
00:29:53,600 --> 00:29:54,160
Speaker 17: Have a listen.

581
00:29:54,520 --> 00:29:59,280
Speaker 18: The real issue isn't about the technicalities. The real issue

582
00:29:59,280 --> 00:30:03,400
Speaker 18: has always substance of hel civil society. Do we actually

583
00:30:03,440 --> 00:30:07,400
Speaker 18: believe in things like truth and justice and freedoms inequality

584
00:30:07,440 --> 00:30:10,200
Speaker 18: before the earth? We do, then, cool, let's look with

585
00:30:10,320 --> 00:30:13,240
Speaker 18: crystal clear eyes and what's that got us to where

586
00:30:13,240 --> 00:30:14,080
Speaker 18: we're at.

587
00:30:14,640 --> 00:30:17,480
Speaker 15: So the Treaty Principle's Bill, of course a big political

588
00:30:17,480 --> 00:30:21,240
Speaker 15: topic for a long time, and we've of course now

589
00:30:21,280 --> 00:30:25,040
Speaker 15: seen that Cabinet paper with Seymour's three proposed principles. We've

590
00:30:25,080 --> 00:30:26,960
Speaker 15: had a lot of feedback on this bill, of course,

591
00:30:27,000 --> 00:30:30,400
Speaker 15: from opposition parties, from the White Tongue Tribunal, from Ministry

592
00:30:30,400 --> 00:30:33,760
Speaker 15: of Justice officials, but we haven't yet seen Seymour take

593
00:30:33,800 --> 00:30:36,440
Speaker 15: part in a debate of this nature where he'll go

594
00:30:36,560 --> 00:30:39,840
Speaker 15: head to head with some of those criticisms. So definitely

595
00:30:39,840 --> 00:30:41,120
Speaker 15: an interesting one to watch.

596
00:30:41,200 --> 00:30:43,600
Speaker 2: Yeah, this can be really intriguing and very quickly, Sophie,

597
00:30:43,680 --> 00:30:46,480
Speaker 2: Health New Zealand's deficit has ballooned once again one point

598
00:30:46,520 --> 00:30:47,920
Speaker 2: seven six billion dollars.

599
00:30:48,000 --> 00:30:52,080
Speaker 15: Now, that's right, Jack, So of course Health New Zealand

600
00:30:52,120 --> 00:30:54,640
Speaker 15: hasn't been far from the headlines over the past few months.

601
00:30:54,680 --> 00:30:57,440
Speaker 15: Of course, the board was replaced with Commissioner Lester Levy

602
00:30:57,480 --> 00:31:01,440
Speaker 15: back in July, but documents from Health Select Committee suggests

603
00:31:01,480 --> 00:31:03,800
Speaker 15: the annual deficit could blow out to one point seventy

604
00:31:03,840 --> 00:31:07,960
Speaker 15: six billion, as you say, worse than predicted, and documents

605
00:31:08,120 --> 00:31:12,040
Speaker 15: from last month state that without intervention, that agencies estimated

606
00:31:12,040 --> 00:31:14,440
Speaker 15: to continue to lose about one hundred and forty seven

607
00:31:14,600 --> 00:31:18,000
Speaker 15: million dollars every month. That's, of course, on top of

608
00:31:18,040 --> 00:31:20,520
Speaker 15: the fact that we learned last week in the quarterly

609
00:31:20,600 --> 00:31:24,840
Speaker 15: report from the agency that the preliminary financial result for

610
00:31:24,880 --> 00:31:27,120
Speaker 15: the year to the end of June shows a nine

611
00:31:27,240 --> 00:31:30,880
Speaker 15: hundred and thirty four million dollar deficit. Earlier in quarter

612
00:31:30,920 --> 00:31:33,280
Speaker 15: three it was a two hundred and ninety nine million

613
00:31:33,280 --> 00:31:36,840
Speaker 15: dollar surplus forecast. So not only does the previous year

614
00:31:36,880 --> 00:31:39,040
Speaker 15: have a deficit larger than expected, but the year we're

615
00:31:39,080 --> 00:31:42,400
Speaker 15: currently in could be going the same way without serious intervention.

616
00:31:42,560 --> 00:31:46,080
Speaker 2: Yeah, hey, thanks, Sophy, appreciate it. That is Sophie trigger Newstalks.

617
00:31:46,120 --> 00:31:48,800
Speaker 2: He'd be senior political reporter seven to five on news doorgs.

618
00:31:48,840 --> 00:31:49,200
Speaker 6: He'd be.

619
00:31:51,800 --> 00:31:56,280
Speaker 1: Putting the tough questions to the newspakers, the mic asking breakfast.

620
00:31:55,840 --> 00:31:58,200
Speaker 19: Holl's so tight, you can't separate Harris from Trump. Our

621
00:31:58,240 --> 00:32:00,960
Speaker 19: favorite America watching Nick Bryant, what are your thoughts on

622
00:32:01,000 --> 00:32:01,840
Speaker 19: Harris as a candidate.

623
00:32:01,920 --> 00:32:03,760
Speaker 17: Well, I think she's a lot better candidate than we thought.

624
00:32:03,800 --> 00:32:05,120
Speaker 17: She was good a bit, but I do think she

625
00:32:05,120 --> 00:32:08,480
Speaker 17: still has weaknesses, particularly on the economy and particularly on immigration.

626
00:32:08,600 --> 00:32:09,000
Speaker 3: Exactly.

627
00:32:09,000 --> 00:32:11,200
Speaker 19: One of the things they are saying about her is

628
00:32:11,240 --> 00:32:13,280
Speaker 19: she doesn't actually say anything.

629
00:32:13,360 --> 00:32:15,960
Speaker 20: She just gabbles. It's a real problem for her.

630
00:32:16,000 --> 00:32:18,080
Speaker 17: She does serve up these words Salax and I think

631
00:32:18,080 --> 00:32:20,760
Speaker 17: the message on the economy has been really core. I

632
00:32:20,800 --> 00:32:22,960
Speaker 17: don't think Donald Trump's as strong a candidate as he

633
00:32:23,080 --> 00:32:25,320
Speaker 17: was in twenty sixteen. We were talking about the problems

634
00:32:25,320 --> 00:32:27,680
Speaker 17: with Kamala Harris's messaging. I think Trump has them too.

635
00:32:27,760 --> 00:32:30,000
Speaker 17: I mean, he's just not as articuler, he's not sharp,

636
00:32:30,120 --> 00:32:31,200
Speaker 17: he's not as match fit.

637
00:32:31,520 --> 00:32:34,280
Speaker 19: Back tomorrow at six am the Mike Hosking Breakfast with

638
00:32:34,360 --> 00:32:36,600
Speaker 19: the Jaguar f page used talk zbe.

639
00:32:36,480 --> 00:32:38,760
Speaker 2: The fascinating issue coming up after five o'clock. So if

640
00:32:38,760 --> 00:32:40,720
Speaker 2: you look at all the new housing stock being built

641
00:32:40,760 --> 00:32:42,640
Speaker 2: in New Zealand, less than twenty percent of the new

642
00:32:42,680 --> 00:32:46,480
Speaker 2: stock are two bedrooms one bedroom homes, less than ten

643
00:32:46,520 --> 00:32:48,280
Speaker 2: percent of the new stock. And of course we're investing

644
00:32:48,280 --> 00:32:51,400
Speaker 2: in all these new terroraced homes or townhouses, a lot

645
00:32:51,440 --> 00:32:53,239
Speaker 2: of which have steers, which is to say they are

646
00:32:53,280 --> 00:32:57,520
Speaker 2: not appropriate for retirees. The Retirement Commissioner wants us to

647
00:32:57,560 --> 00:32:59,520
Speaker 2: rethink things. She's going to be with us after five o'clock.

648
00:32:59,520 --> 00:33:01,320
Speaker 2: We're going to get the very latest on the situation

649
00:33:01,440 --> 00:33:04,480
Speaker 2: with the eighth gm n Z s MANAMNUI. Concerns from

650
00:33:04,480 --> 00:33:08,480
Speaker 2: the Sarman government about the potential environmental impact. It was

651
00:33:08,960 --> 00:33:11,440
Speaker 2: carrying a thousand tons of diesel when it went down.

652
00:33:11,480 --> 00:33:14,200
Speaker 2: To update you on that very shortly, News is next

653
00:33:14,280 --> 00:33:16,360
Speaker 2: you were Jacktame, This is newsdalg'.

654
00:33:16,000 --> 00:33:20,600
Speaker 1: Edb the only drive show you can trust to ask

655
00:33:20,640 --> 00:33:23,920
Speaker 1: the questions, get the answers by the facts and give

656
00:33:24,040 --> 00:33:27,200
Speaker 1: the analysis. Jack taine On, hither dup to c Alan

657
00:33:27,280 --> 00:33:31,840
Speaker 1: drive with one New Zealand let's get connected news talk ZENB.

658
00:33:33,760 --> 00:33:34,280
Speaker 6: Good evening.

659
00:33:34,280 --> 00:33:37,480
Speaker 2: There is still concern about the environmental impact from the

660
00:33:37,560 --> 00:33:41,880
Speaker 2: Manamanui ship sinking off the coast of Sarmor. The Navy

661
00:33:41,920 --> 00:33:44,280
Speaker 2: says the ship, which sunk after hitting a reef on Saturday,

662
00:33:44,360 --> 00:33:47,480
Speaker 2: had almost a thousand tons of diesel fuel on board.

663
00:33:47,800 --> 00:33:50,680
Speaker 2: Sarmon locals say turtles have perished and oil can be

664
00:33:50,760 --> 00:33:54,200
Speaker 2: smelt on some Sarman beaches, but officials say that's probably

665
00:33:54,280 --> 00:33:57,800
Speaker 2: from the original sinking, and an assessment today of the

666
00:33:57,840 --> 00:34:01,160
Speaker 2: wreck shows, at least from the outside, no sign that

667
00:34:01,200 --> 00:34:06,040
Speaker 2: the vessel is currently leaking. Wycuttle University marine scientist Chris

668
00:34:06,080 --> 00:34:09,480
Speaker 2: Battershill is with the Suce Evening Kilder. Chris got a

669
00:34:09,600 --> 00:34:12,279
Speaker 2: nine hundred and fifty tons of diesel fuel, so just

670
00:34:12,320 --> 00:34:13,799
Speaker 2: how significant is that risk.

671
00:34:15,360 --> 00:34:20,080
Speaker 21: It's a significant risk if it was lost very quickly

672
00:34:20,120 --> 00:34:23,440
Speaker 21: in a short period, and wouldn't you know, particularly if

673
00:34:23,480 --> 00:34:25,960
Speaker 21: there was a non shore wind at that time, so

674
00:34:26,280 --> 00:34:31,040
Speaker 21: that amount would be quite significant in coming ashore or

675
00:34:31,080 --> 00:34:38,000
Speaker 21: moving across a reef. Recent intelligence suggests that it's relatively

676
00:34:38,040 --> 00:34:40,880
Speaker 21: well contained on the ship, which is great news. So

677
00:34:41,520 --> 00:34:43,920
Speaker 21: if there's a way that it can be pumped out

678
00:34:43,960 --> 00:34:46,000
Speaker 21: as they did with the Arena, will be it in

679
00:34:46,120 --> 00:34:51,480
Speaker 21: slightly a shallower depths, then there's every chance that that

680
00:34:51,640 --> 00:34:55,240
Speaker 21: load of diesel can be taken out of the environment.

681
00:34:55,360 --> 00:34:59,120
Speaker 2: So Manamanui is currently sitting at about thirty meters that's

682
00:34:59,160 --> 00:35:02,520
Speaker 2: how deep it is right now, which is, like you say,

683
00:35:02,640 --> 00:35:04,960
Speaker 2: slightly deeper than the Arena, but obviously not out of

684
00:35:04,960 --> 00:35:09,399
Speaker 2: the reach of commercial and experienced divers. How complicated would

685
00:35:09,440 --> 00:35:12,520
Speaker 2: it be to try and pump that quantity of fuel

686
00:35:12,680 --> 00:35:13,279
Speaker 2: off the wreck.

687
00:35:14,920 --> 00:35:18,560
Speaker 21: They did it for the Arena in very very poor conditions.

688
00:35:18,600 --> 00:35:22,120
Speaker 21: The windows of opportunity were quite short because it's an

689
00:35:22,160 --> 00:35:26,719
Speaker 21: exposed location. There lots of open ocean of course coming in,

690
00:35:27,000 --> 00:35:30,160
Speaker 21: which is pretty much the same as being experienced in

691
00:35:30,320 --> 00:35:34,600
Speaker 21: Sarmah where the Manawanui is. I understood that she was

692
00:35:34,640 --> 00:35:37,919
Speaker 21: down at around one hundred and fifty meters, however, which

693
00:35:38,000 --> 00:35:42,400
Speaker 21: is quite significantly deeper. If it's thirty meters, that's great news.

694
00:35:43,360 --> 00:35:48,200
Speaker 21: That is well within the reach of most salvage operations.

695
00:35:48,280 --> 00:35:51,640
Speaker 21: Albeit they'll need to have a decompression chamber in all

696
00:35:51,640 --> 00:35:54,880
Speaker 21: of the other ordnance on board for the salvage divers. Yeah,

697
00:35:55,280 --> 00:35:56,960
Speaker 21: but if it's a bit deeper, it gets tricky.

698
00:35:57,120 --> 00:35:59,160
Speaker 2: No, I believe, I believe it is thirty. I believe

699
00:35:59,160 --> 00:36:02,319
Speaker 2: that the commodore has explained tonight that it's at about

700
00:36:02,320 --> 00:36:05,360
Speaker 2: thirty meters underwater off a reef, so we can go

701
00:36:05,400 --> 00:36:08,000
Speaker 2: to the Navy for confirmation. But obviously the shallower it is,

702
00:36:08,280 --> 00:36:10,800
Speaker 2: the better it is in terms of access for divers.

703
00:36:11,320 --> 00:36:14,160
Speaker 2: Obviously other conditions can affect things, are the currents, the

704
00:36:14,200 --> 00:36:16,400
Speaker 2: weather conditions, all those kinds of things. But the shallower

705
00:36:16,440 --> 00:36:18,480
Speaker 2: the better. They're looking to pump that fuel OFFT How

706
00:36:18,480 --> 00:36:20,360
Speaker 2: long do they have How quickly do they need to

707
00:36:20,400 --> 00:36:23,600
Speaker 2: move if they want to get this fuel OFFT before

708
00:36:23,640 --> 00:36:26,759
Speaker 2: the vessel itself is corroded and the tanks holding the

709
00:36:26,800 --> 00:36:29,040
Speaker 2: fuel are more likely to be breached.

710
00:36:30,560 --> 00:36:33,560
Speaker 21: The coroasion issue is probably not a significant one that

711
00:36:33,960 --> 00:36:37,800
Speaker 21: vessel will lasts for a very long time underwater. Even

712
00:36:38,760 --> 00:36:42,040
Speaker 21: the main problem is at thirty meters, it's still probably

713
00:36:42,080 --> 00:36:46,280
Speaker 21: within the reach of deeper, deeper oceanic swells, and as

714
00:36:46,320 --> 00:36:48,719
Speaker 21: we experience with the Rena once again using that as

715
00:36:48,719 --> 00:36:53,160
Speaker 21: an example, it was those storm events, the cyclonic events

716
00:36:53,160 --> 00:36:57,160
Speaker 21: coming in with deep ocean swells that move the ship

717
00:36:57,160 --> 00:37:01,440
Speaker 21: around and tended to beat it up quite severely, to

718
00:37:01,480 --> 00:37:04,319
Speaker 21: the extent that it's we're going to sway further and

719
00:37:04,360 --> 00:37:08,080
Speaker 21: further down the reef. When that's happening, yes, then there's

720
00:37:08,239 --> 00:37:12,000
Speaker 21: going to be issues structurally, and that's when there could

721
00:37:12,040 --> 00:37:13,879
Speaker 21: be other leaks opened up.

722
00:37:14,160 --> 00:37:17,840
Speaker 2: So Nicola Willis told us last night, Manha Manui effectively

723
00:37:17,840 --> 00:37:21,719
Speaker 2: had third party insurance or the naval ship equivalent of

724
00:37:21,800 --> 00:37:24,600
Speaker 2: third party insurance. So the ship's not ensured, but some

725
00:37:24,719 --> 00:37:30,280
Speaker 2: parts of the salvage and the response are insured, although

726
00:37:30,320 --> 00:37:32,640
Speaker 2: we don't know for how much at the stage, but

727
00:37:32,920 --> 00:37:36,240
Speaker 2: give us some perspective here, how much is an event

728
00:37:36,400 --> 00:37:38,160
Speaker 2: like this and trying to pump off the fuel the

729
00:37:38,200 --> 00:37:43,400
Speaker 2: whole response in salvage likely to cost.

730
00:37:41,680 --> 00:37:46,120
Speaker 21: To be certainly around fifty to one hundred million. I

731
00:37:46,160 --> 00:37:51,200
Speaker 21: would think for oceanic work quit that. I can't quite

732
00:37:51,200 --> 00:37:54,719
Speaker 21: recall what the arena cost in the end, but they

733
00:37:54,719 --> 00:37:58,040
Speaker 21: were also pulling us that vessel out of the water.

734
00:37:58,760 --> 00:38:02,640
Speaker 21: But it was it was the second most expensive ship

735
00:38:02,719 --> 00:38:06,279
Speaker 21: salverge omiration in the world, next to the cost of Concordia.

736
00:38:06,680 --> 00:38:08,280
Speaker 21: It was many hundreds of millions.

737
00:38:08,520 --> 00:38:12,320
Speaker 2: Yeah, I mean, obviously some differences right with the arena

738
00:38:12,320 --> 00:38:15,680
Speaker 2: of the arena was a larger containership, and obviously that the

739
00:38:16,000 --> 00:38:19,040
Speaker 2: environmental differences as well. But that being said, it's going

740
00:38:19,080 --> 00:38:21,560
Speaker 2: to be an extremely expensive operation, I mean if it

741
00:38:21,600 --> 00:38:24,200
Speaker 2: was anything like that. So it's basically the cost of

742
00:38:24,239 --> 00:38:25,839
Speaker 2: the ship in the first place, isn't it. Hey, thank

743
00:38:25,840 --> 00:38:27,839
Speaker 2: you very much, Chris, appreciate your time. That is why

744
00:38:27,960 --> 00:38:31,440
Speaker 2: Cuttle University marine scientist Chris Battershill Right now. It is

745
00:38:31,440 --> 00:38:35,000
Speaker 2: twelve minutes past five, and Corina says the death of

746
00:38:35,080 --> 00:38:38,840
Speaker 2: nineteen year old Otago University student Sophia Christani was a

747
00:38:39,000 --> 00:38:42,800
Speaker 2: preventable tragedy. She died at an overcrowded flat party on

748
00:38:42,920 --> 00:38:45,960
Speaker 2: Dundas Street five years ago, and Corona Heath and Mackenzie's

749
00:38:46,000 --> 00:38:48,960
Speaker 2: recommending that students take better safety meuss at large parties.

750
00:38:49,000 --> 00:38:51,799
Speaker 2: While acknowledging the tenants of the flat known as the

751
00:38:51,840 --> 00:38:56,560
Speaker 2: manor took some steps, just not enough. Ultimately, Otago University

752
00:38:56,600 --> 00:39:01,160
Speaker 2: Students Association president Keegan Wells is with us, Skelda, should

753
00:39:01,200 --> 00:39:04,160
Speaker 2: I have it going very well? Thank you? How much

754
00:39:04,200 --> 00:39:07,480
Speaker 2: has changed since twenty nineteen in terms of the safety

755
00:39:07,840 --> 00:39:09,200
Speaker 2: of students at parties?

756
00:39:11,400 --> 00:39:15,160
Speaker 22: I would argue almost everything has changed. I have a

757
00:39:15,200 --> 00:39:18,440
Speaker 22: decently unique experience because I was a student back in

758
00:39:18,480 --> 00:39:22,240
Speaker 22: twenty eighteen and twenty nineteen, and then the whole world

759
00:39:22,280 --> 00:39:26,279
Speaker 22: basically flipped on us during COVID, and we see a

760
00:39:26,280 --> 00:39:28,600
Speaker 22: different world that students live in in terms of safety

761
00:39:28,640 --> 00:39:31,600
Speaker 22: measures and in terms of size of parties and everything

762
00:39:31,600 --> 00:39:32,560
Speaker 22: along those lines.

763
00:39:33,520 --> 00:39:37,320
Speaker 2: One of the coroner's recommendations is that students hosting large

764
00:39:37,360 --> 00:39:42,040
Speaker 2: parties should register and monitor numbers on the night. Would

765
00:39:42,080 --> 00:39:43,480
Speaker 2: students actually do that?

766
00:39:45,320 --> 00:39:49,640
Speaker 22: Students already do that? Good. One party register was set

767
00:39:49,719 --> 00:39:52,440
Speaker 22: up in twenty eighteen in christ Church and students have

768
00:39:52,480 --> 00:39:55,759
Speaker 22: been registering their parties since then. I'm not going to

769
00:39:55,800 --> 00:39:58,239
Speaker 22: say that all parties are registered, because that's certainly not

770
00:39:58,360 --> 00:40:01,279
Speaker 22: the case. But I think we see a growing attitude

771
00:40:01,440 --> 00:40:06,640
Speaker 22: towards compliance. I guess that of students want their fellow

772
00:40:06,680 --> 00:40:08,359
Speaker 22: partygoers to be said, because at the end of the day,

773
00:40:08,360 --> 00:40:09,400
Speaker 22: they are their friends.

774
00:40:09,600 --> 00:40:13,480
Speaker 2: Yeah. The corner is also suggesting that the Students Association

775
00:40:13,800 --> 00:40:17,319
Speaker 2: like better integrate information about being safe at parties, the

776
00:40:17,440 --> 00:40:22,040
Speaker 2: risks of intoxification, how to safely host parties, and student

777
00:40:22,120 --> 00:40:25,640
Speaker 2: orientation and flooding resources. Have you already been doing that?

778
00:40:28,000 --> 00:40:33,000
Speaker 22: Maybe not specifically those points, but we have always been

779
00:40:33,040 --> 00:40:37,000
Speaker 22: in the business of harm reduction and advocacy for better

780
00:40:37,080 --> 00:40:39,520
Speaker 22: times for students, because at the end of the day,

781
00:40:39,680 --> 00:40:41,920
Speaker 22: if a party is more safe and everybody's a bit

782
00:40:41,960 --> 00:40:43,799
Speaker 22: more informed, it'll be more fun.

783
00:40:44,400 --> 00:40:48,880
Speaker 2: Yeah, But do students have an appetite for the safety

784
00:40:48,960 --> 00:40:50,759
Speaker 2: message when they're in the middle of O week and

785
00:40:50,840 --> 00:40:51,960
Speaker 2: they are looking to party.

786
00:40:53,800 --> 00:40:59,239
Speaker 22: Probably not at the forefront of their mind. I would say,

787
00:40:59,239 --> 00:41:03,759
Speaker 22: there's like way around it. It's more of a marketing exercise,

788
00:41:03,840 --> 00:41:05,879
Speaker 22: right of If you tell a student, hey, you should

789
00:41:05,920 --> 00:41:08,640
Speaker 22: probably read through your party, they might say why. But

790
00:41:08,680 --> 00:41:10,440
Speaker 22: if you say hey, if you read through your party,

791
00:41:10,800 --> 00:41:12,080
Speaker 22: you know, at the end of the year you get

792
00:41:12,120 --> 00:41:14,480
Speaker 22: free pizza and if they're sick, you know. So it's

793
00:41:15,040 --> 00:41:17,840
Speaker 22: some of about the way you frame these messages.

794
00:41:17,719 --> 00:41:19,839
Speaker 2: Or giving them the right end of us. Most thanks

795
00:41:19,880 --> 00:41:22,040
Speaker 2: for your time. Kegan. That is Kegan Welles, the Otago

796
00:41:22,160 --> 00:41:26,560
Speaker 2: University Students Association president, is just such such a sad story, that,

797
00:41:26,719 --> 00:41:28,920
Speaker 2: isn't it Before six o'clock on news Talks. He'd be

798
00:41:28,920 --> 00:41:32,319
Speaker 2: a really interesting message from the Retirement Commissioner who is

799
00:41:32,440 --> 00:41:36,840
Speaker 2: trying to encourage housing developers to look at some smaller options.

800
00:41:36,840 --> 00:41:39,520
Speaker 2: Of course, so much of housing these days, including high

801
00:41:39,520 --> 00:41:43,200
Speaker 2: density housing, is around the three bedroom, four bedroom, even

802
00:41:43,200 --> 00:41:45,799
Speaker 2: if it's high density stuff, so townhouses that kind of thing.

803
00:41:46,080 --> 00:41:48,160
Speaker 2: But she says we need many more one and two

804
00:41:48,200 --> 00:41:51,800
Speaker 2: bedroom houses, especially as our population ages, so that people

805
00:41:51,880 --> 00:41:54,439
Speaker 2: who are getting into the latter stages of their life

806
00:41:54,480 --> 00:41:57,200
Speaker 2: and are looking to downsize actually have better options than

807
00:41:57,200 --> 00:41:58,840
Speaker 2: are currently available. So we're going to catch up with

808
00:41:58,880 --> 00:42:01,640
Speaker 2: her very shortly. Next up, so is the twoy billboard

809
00:42:01,680 --> 00:42:05,880
Speaker 2: too much? Quarter past five on Newstork ZB. Thinking about

810
00:42:05,920 --> 00:42:09,439
Speaker 2: renovating your kitchen, here's an interesting development. This year sees

811
00:42:09,440 --> 00:42:12,120
Speaker 2: a new type of kitchen bench top enter the market

812
00:42:12,239 --> 00:42:16,920
Speaker 2: called Imperio, made of a new layered compound. Imperio offers

813
00:42:16,960 --> 00:42:20,520
Speaker 2: the texture and durability of stone without the presence of

814
00:42:20,560 --> 00:42:26,680
Speaker 2: toxic chemicals. Like silica. It's incredibly tough, single proof, scratch proof, crackproof,

815
00:42:26,960 --> 00:42:30,200
Speaker 2: moisture proof and heat resistant up to two hundred and

816
00:42:30,280 --> 00:42:34,160
Speaker 2: twenty degrees. Imperio is offered exclusively in New Zealand by

817
00:42:34,200 --> 00:42:36,840
Speaker 2: the O'Brien Group, a family owned business have been fitting

818
00:42:36,840 --> 00:42:41,280
Speaker 2: out Kiwi Kitchen since nineteen seventy two. They describe Imperio

819
00:42:41,440 --> 00:42:45,520
Speaker 2: as a surface for life, an ultra durable bench top

820
00:42:45,600 --> 00:42:48,719
Speaker 2: designed to stand up to a lifetime of use. Imperio

821
00:42:48,800 --> 00:42:51,640
Speaker 2: looks the part too. Available in a range of designs,

822
00:42:51,680 --> 00:42:55,200
Speaker 2: it provides a natural quality finish, making for a stylish

823
00:42:55,280 --> 00:42:58,160
Speaker 2: centerpiece to any home. Beast of all, it's a highly

824
00:42:58,200 --> 00:43:01,319
Speaker 2: affordable option to fit your budget. See for yourself at

825
00:43:01,400 --> 00:43:06,479
Speaker 2: Imperio dot n Z. Team twoy is under fire after

826
00:43:06,560 --> 00:43:11,400
Speaker 2: referencing Philip Polkinghorn's trial in their latest Year Right campaign.

827
00:43:11,760 --> 00:43:15,080
Speaker 2: The new billboards read back to being a respectable meth smoking,

828
00:43:15,160 --> 00:43:19,360
Speaker 2: sex worker loving doctor, then yeah right. Philip Polkinhorn was

829
00:43:19,360 --> 00:43:22,480
Speaker 2: found not guilty last month of murdering his wife Pauline Hannah,

830
00:43:22,520 --> 00:43:25,040
Speaker 2: after an eight week trial in the High Court at Auckland.

831
00:43:25,360 --> 00:43:28,440
Speaker 2: Marke Hutcheson is a marketing expert and his Weather's this

832
00:43:28,520 --> 00:43:32,759
Speaker 2: evening calder Mike, your reaction to these harmless fun or

833
00:43:32,840 --> 00:43:33,960
Speaker 2: something a bit more sinister.

834
00:43:34,760 --> 00:43:37,840
Speaker 23: No harmless fun, and we don't have enough of it.

835
00:43:38,040 --> 00:43:40,279
Speaker 24: I think we just need to poke more fun. It's

836
00:43:40,719 --> 00:43:43,320
Speaker 24: an old Kiwi tradition and it's called taking the piss,

837
00:43:43,360 --> 00:43:44,359
Speaker 24: and we don't need to.

838
00:43:44,280 --> 00:43:47,080
Speaker 23: Do more of it. We shouldn't be too gentle about it.

839
00:43:47,120 --> 00:43:50,840
Speaker 2: Okay, Just to totally play devil's advocate here, I'm just

840
00:43:51,040 --> 00:43:54,040
Speaker 2: thinking about if I was in Pauline Hannah's family right now,

841
00:43:54,280 --> 00:43:56,040
Speaker 2: how would they be feeling about it? Do you think?

842
00:43:56,920 --> 00:43:58,560
Speaker 23: Well, then it's all about Pauline Hannah.

843
00:43:58,840 --> 00:44:03,040
Speaker 24: I think she was the the tragic victim of a

844
00:44:03,080 --> 00:44:05,279
Speaker 24: bit of a charlatan and not a nice bloke. But

845
00:44:05,800 --> 00:44:09,240
Speaker 24: I think watson question is a the ethics of Polkinhorn

846
00:44:09,320 --> 00:44:12,400
Speaker 24: himself and also the jury system. Now, I just wonder,

847
00:44:12,560 --> 00:44:14,839
Speaker 24: but we should be able to just take the mickey

848
00:44:14,840 --> 00:44:15,480
Speaker 24: out of it if we can.

849
00:44:15,600 --> 00:44:17,399
Speaker 2: I am just going to remind everyone he was found

850
00:44:17,440 --> 00:44:19,080
Speaker 2: not guilty after that eight week trial.

851
00:44:19,480 --> 00:44:21,600
Speaker 23: But I understand, but he wasn't sorry, It wasn't it

852
00:44:21,640 --> 00:44:22,600
Speaker 23: wasn't innocent though.

853
00:44:23,320 --> 00:44:24,920
Speaker 2: Well he was found not guilt. Well, yes he was

854
00:44:24,920 --> 00:44:27,400
Speaker 2: found out he was found not guilty and and the

855
00:44:29,040 --> 00:44:32,520
Speaker 2: billboard itself represent represent you know, as you say, it

856
00:44:32,640 --> 00:44:36,640
Speaker 2: is obviously about Philip Polkinhorn rather than Pauline Hannett directly.

857
00:44:37,480 --> 00:44:39,319
Speaker 2: Are those the kind of conversations that that would be

858
00:44:39,400 --> 00:44:41,759
Speaker 2: had we I mean, I know, you've you've you've got

859
00:44:41,760 --> 00:44:44,000
Speaker 2: a rich history in this in this area. Those are

860
00:44:44,040 --> 00:44:46,760
Speaker 2: sort of conversations that advertising musicutives have when they're pitching

861
00:44:46,800 --> 00:44:47,320
Speaker 2: a campaign.

862
00:44:48,000 --> 00:44:49,240
Speaker 23: Absolutely. Absolutely.

863
00:44:49,360 --> 00:44:51,359
Speaker 24: In fact, I was involved in Chargeants when that whole

864
00:44:51,360 --> 00:44:53,400
Speaker 24: thing began, and the I guess it must have been

865
00:44:53,920 --> 00:44:57,080
Speaker 24: late nineties, early early two thousand and it was. It

866
00:44:57,120 --> 00:44:59,360
Speaker 24: was a it was a fun project. Everybody got involved

867
00:44:59,360 --> 00:45:00,920
Speaker 24: in it. It's a kind of a line now that

868
00:45:01,000 --> 00:45:03,439
Speaker 24: belongs to New Zealand. And I like the idea of them,

869
00:45:03,480 --> 00:45:06,279
Speaker 24: you know, asking for public feedback and that's it's part

870
00:45:06,280 --> 00:45:08,200
Speaker 24: of our tradition taking the mickey.

871
00:45:08,400 --> 00:45:10,360
Speaker 2: It certainly has become you know, whether you love or

872
00:45:10,400 --> 00:45:13,520
Speaker 2: hate them, it's I think it's fairly earned the iconic status.

873
00:45:13,520 --> 00:45:17,480
Speaker 2: And advertising law is this kind of thing effective, Like

874
00:45:17,560 --> 00:45:18,840
Speaker 2: does it does it actually sell.

875
00:45:18,719 --> 00:45:22,279
Speaker 23: Beer what it did at the time?

876
00:45:22,640 --> 00:45:25,280
Speaker 24: It certainly, and it puts the profile of the brand

877
00:45:25,360 --> 00:45:27,439
Speaker 24: up and it talks about the brand is not taking

878
00:45:27,440 --> 00:45:28,480
Speaker 24: itself too seriously.

879
00:45:28,840 --> 00:45:31,440
Speaker 23: Now we're not talking about fine dining.

880
00:45:31,719 --> 00:45:34,200
Speaker 24: We're talking about in the pub with your mates and

881
00:45:34,280 --> 00:45:35,240
Speaker 24: telling a few laps.

882
00:45:35,520 --> 00:45:37,320
Speaker 23: And that's essentially what it's about.

883
00:45:37,560 --> 00:45:39,520
Speaker 2: Is there a line? Is there a line? Do you

884
00:45:39,600 --> 00:45:41,279
Speaker 2: do you ever think or do you recall the time

885
00:45:41,280 --> 00:45:42,960
Speaker 2: when you think that you guys overstepped it?

886
00:45:44,120 --> 00:45:46,720
Speaker 24: Oh, we did on a number of occasions. And it's

887
00:45:46,760 --> 00:45:49,319
Speaker 24: it's like it's the togs, togs under these things. Yeah,

888
00:45:49,840 --> 00:45:54,160
Speaker 24: and there's there's no you couldn't legislate for it, but

889
00:45:54,520 --> 00:45:58,080
Speaker 24: you just know in your heart what's what's decent and

890
00:45:58,080 --> 00:46:01,960
Speaker 24: what's not, what's moral and what's not. And this is

891
00:46:02,320 --> 00:46:05,920
Speaker 24: I think plays to that classic key. It's a great story,

892
00:46:05,920 --> 00:46:08,520
Speaker 24: you know. And there father telling men before the battle

893
00:46:08,520 --> 00:46:13,560
Speaker 24: at Dell elevating General Freiburg took Monty, General Montgonery through

894
00:46:13,680 --> 00:46:16,600
Speaker 24: the Kiwi lines before the battle and as they're going through,

895
00:46:16,880 --> 00:46:19,440
Speaker 24: Monty said to Friybig, they're not very well disciplined.

896
00:46:19,440 --> 00:46:20,520
Speaker 23: Owne there, Freberg and.

897
00:46:21,040 --> 00:46:22,920
Speaker 24: He said what he means, so well, they're not saluting

898
00:46:23,000 --> 00:46:24,520
Speaker 24: And he said no, but if you wave to them

899
00:46:24,520 --> 00:46:28,279
Speaker 24: they'll wave back. I mean, that's that's key witness. Yeah, yeah,

900
00:46:28,480 --> 00:46:29,520
Speaker 24: take it too seriously.

901
00:46:29,640 --> 00:46:31,480
Speaker 2: Yeah, and look at the very least that the mere

902
00:46:31,560 --> 00:46:33,280
Speaker 2: fact that you and I are talking about this evening

903
00:46:33,360 --> 00:46:35,640
Speaker 2: is probably points to the success of this, at least

904
00:46:35,640 --> 00:46:38,320
Speaker 2: in their marketing sense. Thank you very much, Mike, appreciate

905
00:46:38,320 --> 00:46:40,960
Speaker 2: your time as always, great to chat. That's a marketing expert,

906
00:46:41,040 --> 00:46:42,640
Speaker 2: Mike hutters and let us know what you think. Nine

907
00:46:42,680 --> 00:46:44,640
Speaker 2: two nine two is the text number Jacket news talks.

908
00:46:44,640 --> 00:46:47,360
Speaker 2: He'db dot co dot z twenty two past five.

909
00:46:49,120 --> 00:46:51,680
Speaker 1: On your smart speaker, on the iHeart app and in

910
00:46:51,760 --> 00:46:54,800
Speaker 1: your car on your drive home it's Jack tame on

911
00:46:55,000 --> 00:46:58,640
Speaker 1: hither dupleic Alan drive with one New Zealand let's get

912
00:46:58,640 --> 00:46:59,719
Speaker 1: connected and news talk.

913
00:47:00,760 --> 00:47:02,960
Speaker 2: I went for a walk along cutting a happy road

914
00:47:02,960 --> 00:47:04,839
Speaker 2: the other night and I saw something that I had

915
00:47:04,840 --> 00:47:08,520
Speaker 2: not seen in the longest time. A new restaurant.

916
00:47:09,200 --> 00:47:09,640
Speaker 3: Yeah.

917
00:47:09,760 --> 00:47:11,719
Speaker 2: I didn't even step inside, but honestly, it felt like

918
00:47:11,760 --> 00:47:14,359
Speaker 2: a felt like a drink of cold water for a

919
00:47:14,400 --> 00:47:16,959
Speaker 2: parched man in the desert. When was the last time

920
00:47:17,000 --> 00:47:20,400
Speaker 2: I saw a new restaurant. It is, of course a rarity,

921
00:47:20,640 --> 00:47:24,320
Speaker 2: and hardly a sign by itself that the entire economy

922
00:47:24,400 --> 00:47:26,920
Speaker 2: is ready to take off. The number of new restaurants

923
00:47:26,920 --> 00:47:29,680
Speaker 2: in that part of town is still comfortably outnumbered by

924
00:47:29,680 --> 00:47:34,759
Speaker 2: the number of four lease signs sitting woefully in windows.

925
00:47:35,600 --> 00:47:38,040
Speaker 2: But as the Reserve Bank prepares for tomorrow's call on

926
00:47:38,080 --> 00:47:40,360
Speaker 2: the OCR, two things give me optimism that they're going

927
00:47:40,400 --> 00:47:43,399
Speaker 2: to be leaning more towards fifty basis points than twenty five.

928
00:47:43,560 --> 00:47:46,120
Speaker 2: The first number one is that if the economists are right,

929
00:47:46,160 --> 00:47:48,600
Speaker 2: and I realize that's always a big gift, well, inflation

930
00:47:48,719 --> 00:47:50,759
Speaker 2: is already back down within the target band one to

931
00:47:50,840 --> 00:47:54,120
Speaker 2: three and maybe even closer to two percent than we

932
00:47:54,320 --> 00:47:57,520
Speaker 2: dare to hope. It occurs to me that migration in

933
00:47:57,600 --> 00:48:02,200
Speaker 2: flows have really significantly slow in recent months, and that

934
00:48:02,480 --> 00:48:05,640
Speaker 2: in turn is reducing the upward pressure on rents, which

935
00:48:05,719 --> 00:48:08,120
Speaker 2: was one of the stickier parts of the inflation picture

936
00:48:08,239 --> 00:48:11,040
Speaker 2: over the last few quarters. So the next CPI data,

937
00:48:11,080 --> 00:48:13,920
Speaker 2: the next Consumer Price index, comes out next week, so

938
00:48:14,239 --> 00:48:17,600
Speaker 2: we get the OCR before we get inflation data. But

939
00:48:18,520 --> 00:48:21,279
Speaker 2: if that's the case, and we are within the target band,

940
00:48:21,360 --> 00:48:24,440
Speaker 2: and especially if we're somewhere closer to two percent on

941
00:48:24,480 --> 00:48:27,319
Speaker 2: inflation than three percent, so lower than two point five,

942
00:48:27,520 --> 00:48:29,680
Speaker 2: I reckon there is a pretty decent argument, the Reserve

943
00:48:29,719 --> 00:48:32,200
Speaker 2: Bank should be moving quickly to get us a whole

944
00:48:32,239 --> 00:48:35,120
Speaker 2: lot closer to a neutral cash rate. The second point

945
00:48:35,160 --> 00:48:37,600
Speaker 2: that gives me a bit of optimism is timing. So

946
00:48:37,640 --> 00:48:41,120
Speaker 2: if this were April, I might feel a little bit

947
00:48:41,160 --> 00:48:44,760
Speaker 2: more meh. But after tomorrow there is only one ocr

948
00:48:44,920 --> 00:48:47,520
Speaker 2: core before the summer break, and then it is a

949
00:48:47,600 --> 00:48:51,319
Speaker 2: long wait until February's next Decision's almost three months, So

950
00:48:51,800 --> 00:48:53,960
Speaker 2: while waiting to see what comes of the US election,

951
00:48:54,040 --> 00:48:58,279
Speaker 2: the Reserve Bank might rightly be concerned about being left

952
00:48:58,280 --> 00:49:00,799
Speaker 2: behind by other central banks around the world with that

953
00:49:00,880 --> 00:49:04,759
Speaker 2: three month break between innings. So the markets say yes

954
00:49:05,040 --> 00:49:07,920
Speaker 2: to fifty basis points, the banks are saying yes to

955
00:49:07,960 --> 00:49:11,400
Speaker 2: fifty basis points. As someone refixing his mortgage in three weeks,

956
00:49:11,440 --> 00:49:16,920
Speaker 2: I say yes, please, Jack, Team ninety two. Ninety two

957
00:49:17,000 --> 00:49:18,640
Speaker 2: is the text number. We will take a closer look

958
00:49:18,680 --> 00:49:20,759
Speaker 2: at that call and some of the data points that

959
00:49:20,800 --> 00:49:23,799
Speaker 2: are likely to inform the Reserve Bank's decision after six

960
00:49:23,800 --> 00:49:28,680
Speaker 2: o'clock this evening, Jack, fantastic twoy billboard hang handwringing. Woof

961
00:49:28,760 --> 00:49:31,960
Speaker 2: the lefties like you will always be offended by things

962
00:49:32,040 --> 00:49:33,759
Speaker 2: like this. I didn't say I was offended I said,

963
00:49:33,760 --> 00:49:36,080
Speaker 2: I wasn't offended. However, I don't want to speak for

964
00:49:36,080 --> 00:49:39,560
Speaker 2: Paul and Hannah's family because they might be Jack the

965
00:49:39,600 --> 00:49:42,560
Speaker 2: Twoy billboard is all right. I don't want a society

966
00:49:42,600 --> 00:49:45,040
Speaker 2: where we try to destroy every piece of humors, is kemp.

967
00:49:45,040 --> 00:49:47,840
Speaker 2: We will ask a huddle about that before six o'clock

968
00:49:47,880 --> 00:49:50,240
Speaker 2: this evening. It's almost five point thirty. News is next

969
00:49:50,280 --> 00:49:51,480
Speaker 2: on news dog ZDB.

970
00:49:54,520 --> 00:49:57,600
Speaker 1: Jack Tam cutting through the noise to get the facts.

971
00:49:57,719 --> 00:50:01,040
Speaker 1: It's Jack Tam on Heather Dupius, see Alan drive with

972
00:50:01,360 --> 00:50:04,200
Speaker 1: one New Zealand. Let's get connected and news talk as

973
00:50:04,239 --> 00:50:04,640
Speaker 1: it'd be.

974
00:50:13,000 --> 00:50:26,000
Speaker 3: Prere favor.

975
00:50:29,280 --> 00:50:33,120
Speaker 2: So the ocr is headed south. But banks are still stressed,

976
00:50:33,160 --> 00:50:38,120
Speaker 2: testing mortgage holders at about nine percent. Huh seems antithetical,

977
00:50:38,239 --> 00:50:40,800
Speaker 2: right if interest rates are supposed to be coming down anyway,

978
00:50:40,800 --> 00:50:42,600
Speaker 2: We're gonna take a closer look at that after sex

979
00:50:42,640 --> 00:50:44,800
Speaker 2: before sex o' cop huddlers. Then we'll get their thoughts

980
00:50:45,440 --> 00:50:49,520
Speaker 2: on the Manumnui's latest. Plus of course, those Twoy billboards.

981
00:50:49,600 --> 00:50:52,200
Speaker 2: Right now it is twenty three to six Jack Team,

982
00:50:52,320 --> 00:50:54,560
Speaker 2: and the Retirement Commissioner is calling for action on the

983
00:50:54,600 --> 00:50:58,040
Speaker 2: size of our new houses. With downsizing as you is

984
00:50:58,120 --> 00:51:01,320
Speaker 2: causing a massive headache for retire and older New Zealanders.

985
00:51:01,400 --> 00:51:04,480
Speaker 2: Get this, two bedroom houses make up less than twenty

986
00:51:04,520 --> 00:51:07,359
Speaker 2: percent of the new stock, one bedroom houses less than

987
00:51:07,360 --> 00:51:10,960
Speaker 2: ten percent, with new terraced housing obviously having stairs and

988
00:51:11,040 --> 00:51:14,320
Speaker 2: thus being unsuitable most of the time. Jane Writeson is

989
00:51:14,360 --> 00:51:18,719
Speaker 2: the Retirement Commissioner and is with us this evening Kielder Jack,

990
00:51:18,920 --> 00:51:20,239
Speaker 2: how much of an issue is this.

991
00:51:21,640 --> 00:51:24,080
Speaker 25: It's an emerging issue, is what it is. And it's

992
00:51:24,120 --> 00:51:28,000
Speaker 25: our job here at the Commission to just nudge people

993
00:51:28,040 --> 00:51:31,279
Speaker 25: to think harder about some of their future brands. I mean,

994
00:51:31,320 --> 00:51:33,200
Speaker 25: when you look at the new house builds, you can

995
00:51:33,239 --> 00:51:35,799
Speaker 25: see that we've got the three story townhouses. You can

996
00:51:35,840 --> 00:51:38,319
Speaker 25: see we've got the expensive apartments. You can see we've

997
00:51:38,320 --> 00:51:42,000
Speaker 25: got the five bedroom, five bathroom jobs a bit further out,

998
00:51:42,440 --> 00:51:45,680
Speaker 25: and none of these are particularly suitable for retirement, particularly

999
00:51:45,719 --> 00:51:48,800
Speaker 25: when you if you think you're going to fe out capital,

1000
00:51:48,840 --> 00:51:50,200
Speaker 25: would you sell your family home?

1001
00:51:51,239 --> 00:51:54,920
Speaker 2: If there is demand, Why isn't the supply Well, it's.

1002
00:51:54,760 --> 00:51:56,879
Speaker 25: A really good question. I think it tells you how

1003
00:51:56,920 --> 00:52:02,239
Speaker 25: hard to the housing market is to change. And there

1004
00:52:02,280 --> 00:52:04,279
Speaker 25: may well be supplied, but it may well be a

1005
00:52:04,280 --> 00:52:06,320
Speaker 25: bit late. It's hard to know. I mean, there's a

1006
00:52:06,360 --> 00:52:08,960
Speaker 25: big wave of people tiring over the next ten, ten,

1007
00:52:09,040 --> 00:52:12,680
Speaker 25: twenty years, and as we see with all the other

1008
00:52:12,760 --> 00:52:15,880
Speaker 25: issues around the housing market, it's a slow it's a

1009
00:52:15,920 --> 00:52:18,279
Speaker 25: slow burn, that's one of them. But this is more

1010
00:52:18,320 --> 00:52:20,000
Speaker 25: a bit of a wake up call just for people

1011
00:52:20,080 --> 00:52:22,919
Speaker 25: that are contemplating what they'll do in the next ten

1012
00:52:23,000 --> 00:52:25,160
Speaker 25: or twenty years, particularly if they're living in a house

1013
00:52:25,280 --> 00:52:28,840
Speaker 25: they've assumed they would sell and pocket some capital gains,

1014
00:52:28,840 --> 00:52:30,839
Speaker 25: because it won't be as easy as you think, which

1015
00:52:30,880 --> 00:52:32,520
Speaker 25: means thinking earlier is a good idea.

1016
00:52:32,680 --> 00:52:32,960
Speaker 6: Yeah.

1017
00:52:33,040 --> 00:52:35,640
Speaker 2: See, it actually benefits the whole country too, doesn't it.

1018
00:52:35,640 --> 00:52:39,239
Speaker 2: Because if we have housing stocks that suits people when

1019
00:52:39,480 --> 00:52:41,120
Speaker 2: you know they're getting on a little bit and they

1020
00:52:41,120 --> 00:52:45,440
Speaker 2: want to downsize, then that actually potentially frees up larger

1021
00:52:45,480 --> 00:52:49,520
Speaker 2: houses that they otherwise might not sell for families and

1022
00:52:49,640 --> 00:52:52,040
Speaker 2: people who have more than just two people under the roofs.

1023
00:52:52,480 --> 00:52:55,040
Speaker 25: Exactly, yeah myself.

1024
00:52:55,800 --> 00:52:57,880
Speaker 2: So how do we incentivize it? We how do we

1025
00:52:57,920 --> 00:52:58,799
Speaker 2: get a bit more action?

1026
00:53:00,360 --> 00:53:02,640
Speaker 25: I don't know how we do that other than keeping

1027
00:53:02,719 --> 00:53:05,279
Speaker 25: talking about it. You know, there may be some developers

1028
00:53:05,360 --> 00:53:09,680
Speaker 25: who see an opportunity here. There may be some opportunities

1029
00:53:09,719 --> 00:53:14,520
Speaker 25: in government housing policy, possibly as they're freeing up land

1030
00:53:14,560 --> 00:53:18,280
Speaker 25: for new developments. You know, I know that people generally

1031
00:53:18,280 --> 00:53:20,880
Speaker 25: don't like regulation in the space, but you know, if

1032
00:53:20,880 --> 00:53:23,719
Speaker 25: you go to make land available for a big development,

1033
00:53:23,760 --> 00:53:26,719
Speaker 25: it wouldn't be silly, would it to ensure that there

1034
00:53:26,719 --> 00:53:29,600
Speaker 25: are a range of housing sizes included in that development,

1035
00:53:29,920 --> 00:53:30,560
Speaker 25: Because what's.

1036
00:53:30,360 --> 00:53:32,960
Speaker 2: The danger that people at the moment end up overspending

1037
00:53:33,000 --> 00:53:34,040
Speaker 2: on those smaller houses.

1038
00:53:35,960 --> 00:53:38,920
Speaker 25: Well, especially if you're wanting a late model one, you know,

1039
00:53:39,040 --> 00:53:41,480
Speaker 25: because you know, the dream is that you retire to

1040
00:53:41,520 --> 00:53:43,840
Speaker 25: a smaller house, you don't need to do much maintenance.

1041
00:53:44,680 --> 00:53:46,320
Speaker 25: It's the size that you need, and it's in a

1042
00:53:46,400 --> 00:53:49,680
Speaker 25: place that is connected, that has got public transport, or

1043
00:53:49,719 --> 00:53:51,560
Speaker 25: as close to a hospital or the other things that

1044
00:53:51,600 --> 00:53:54,000
Speaker 25: you need. So all of these things adding up are

1045
00:53:54,000 --> 00:53:56,239
Speaker 25: a bit tricky, unless, of course, your particularly well off

1046
00:53:56,280 --> 00:53:57,480
Speaker 25: you can consort.

1047
00:53:57,080 --> 00:53:57,840
Speaker 5: Things out yourself.

1048
00:53:57,880 --> 00:54:00,640
Speaker 25: But you know, the majority of new zettlers so much

1049
00:54:00,680 --> 00:54:02,840
Speaker 25: so you just need to think harder about this and

1050
00:54:03,560 --> 00:54:05,960
Speaker 25: prodd some of the decision makers to understand that this

1051
00:54:06,040 --> 00:54:08,440
Speaker 25: is as much of an issue as housing our families.

1052
00:54:08,640 --> 00:54:12,560
Speaker 2: Speaking of prodding decision makers, moved to the boardroom last

1053
00:54:12,600 --> 00:54:16,880
Speaker 2: week and Nikola Willis and Barbara Edmonds from Labor agreeing

1054
00:54:16,960 --> 00:54:20,239
Speaker 2: to have a conversation about the future viability of superannuation.

1055
00:54:20,400 --> 00:54:22,920
Speaker 2: I felt as soon as I saw that headline like

1056
00:54:23,000 --> 00:54:24,440
Speaker 2: you would have some very strong thoughts.

1057
00:54:26,040 --> 00:54:28,319
Speaker 25: I do, and the Minister of Finances being a bit

1058
00:54:28,360 --> 00:54:32,160
Speaker 25: mischievous of course, as governments are trying to prod oppositions

1059
00:54:32,160 --> 00:54:34,160
Speaker 25: into doing things they want to do. But it's a

1060
00:54:34,200 --> 00:54:38,560
Speaker 25: really smart idea to have a conversation between major parties

1061
00:54:38,560 --> 00:54:40,239
Speaker 25: to go what do we think we want to do

1062
00:54:40,360 --> 00:54:44,000
Speaker 25: for retirement income policy in the wrong term, because the

1063
00:54:44,040 --> 00:54:46,200
Speaker 25: worst thing that could happen to New Zealanders, and that's

1064
00:54:46,200 --> 00:54:50,480
Speaker 25: both retires and taxpayers, frankly, is that you work between systems.

1065
00:54:50,760 --> 00:54:53,080
Speaker 25: The best thing that you can do is take advantage

1066
00:54:53,120 --> 00:54:56,000
Speaker 25: of all the evidence you've got and work together to

1067
00:54:56,040 --> 00:54:58,239
Speaker 25: take some quite hard and crunchy choices.

1068
00:54:58,600 --> 00:54:58,879
Speaker 15: You know.

1069
00:54:59,400 --> 00:55:03,120
Speaker 25: Usually this compromises on both sides. Usually you've got the

1070
00:55:03,200 --> 00:55:05,600
Speaker 25: kind of black hattery from Treasury which she is the

1071
00:55:05,600 --> 00:55:08,560
Speaker 25: country's going to afford nothing. And then you take another perspective,

1072
00:55:08,560 --> 00:55:11,880
Speaker 25: but what do the people need? And somewhere in between

1073
00:55:11,920 --> 00:55:14,760
Speaker 25: will be the answer. And I can only keep calling

1074
00:55:14,920 --> 00:55:17,359
Speaker 25: for a kind of cross party approach on this because

1075
00:55:17,360 --> 00:55:22,759
Speaker 25: it's hard and it certainly doesn't put itself into the

1076
00:55:22,800 --> 00:55:25,960
Speaker 25: great easy situation of three year electoral cite.

1077
00:55:26,280 --> 00:55:30,760
Speaker 2: You know, hey, thanks Janes, I appreciate it. It's no problem,

1078
00:55:30,800 --> 00:55:33,640
Speaker 2: Thank you, catch you said, Jane writes in The Retirement Commissioner.

1079
00:55:33,640 --> 00:55:35,680
Speaker 2: They're nineteen to six the Huddle.

1080
00:55:35,719 --> 00:55:40,080
Speaker 1: With New Zealand Southerby's international realty, local and global exposure

1081
00:55:40,120 --> 00:55:40,799
Speaker 1: like no other.

1082
00:55:41,040 --> 00:55:43,960
Speaker 2: On the huddle this evening the CEO of the Maximum Institute,

1083
00:55:44,000 --> 00:55:47,360
Speaker 2: Tim Wilson, and Alie Jones from red PR Elder corduer

1084
00:55:48,480 --> 00:55:52,080
Speaker 2: Hi Jack. So, then let's start off with the hm

1085
00:55:52,200 --> 00:55:56,040
Speaker 2: NZ s Manouanui locals there saying today that they can

1086
00:55:56,080 --> 00:55:59,200
Speaker 2: smell oil, that they're filmed a sea turtle struggling in

1087
00:55:59,200 --> 00:56:01,520
Speaker 2: the area around them, or though the Navy says for

1088
00:56:01,560 --> 00:56:04,240
Speaker 2: the time being, most of the almost one thousand tons

1089
00:56:04,239 --> 00:56:06,520
Speaker 2: of diesel on board the ship is still on board

1090
00:56:06,560 --> 00:56:09,280
Speaker 2: the ship. Tim, how much money should we be sinking?

1091
00:56:10,000 --> 00:56:14,239
Speaker 2: Is that term? Knowing the full context? How much money

1092
00:56:14,239 --> 00:56:16,800
Speaker 2: should we should we be sinking into the recovery and salvage?

1093
00:56:18,160 --> 00:56:20,560
Speaker 6: Yeah, well, look we need to determine how bad it is.

1094
00:56:20,600 --> 00:56:22,960
Speaker 26: And I think that there's been a sort of cascade

1095
00:56:22,960 --> 00:56:25,719
Speaker 26: of information about you. We saw that those images, but

1096
00:56:25,800 --> 00:56:28,600
Speaker 26: we don't really know exactly what's going on. The Navy

1097
00:56:28,640 --> 00:56:31,480
Speaker 26: says it's not leaking oil.

1098
00:56:31,640 --> 00:56:33,839
Speaker 20: There's still substantial amount of diesel in there.

1099
00:56:34,040 --> 00:56:36,319
Speaker 26: But of course, look when the kids spill something in

1100
00:56:36,360 --> 00:56:37,799
Speaker 26: our house, they have to clean it up. I think

1101
00:56:37,840 --> 00:56:41,239
Speaker 26: that's that's a good basis to move forward on. The

1102
00:56:41,280 --> 00:56:44,640
Speaker 26: problem is it's our ship, but it's since some More's territory,

1103
00:56:44,880 --> 00:56:47,680
Speaker 26: so there'll be limited I want there'll be limited resources there.

1104
00:56:47,719 --> 00:56:50,840
Speaker 26: I understand the Navy's going to send the Canterbury out tomorrow.

1105
00:56:50,960 --> 00:56:52,799
Speaker 26: Well that's you know, that's going to take some time

1106
00:56:52,800 --> 00:56:53,319
Speaker 26: to get up there.

1107
00:56:53,400 --> 00:56:53,560
Speaker 6: Yeah.

1108
00:56:53,640 --> 00:56:55,040
Speaker 2: Yeah, it's going to take a few days for the

1109
00:56:55,040 --> 00:56:58,520
Speaker 2: time being. Though there's nothing to suggest that the tanks

1110
00:56:58,520 --> 00:57:00,680
Speaker 2: that are holding the fuel have been breach or anything

1111
00:57:00,760 --> 00:57:02,480
Speaker 2: like that. The divers who went down today said that

1112
00:57:02,520 --> 00:57:05,000
Speaker 2: it all seems to be holding. But surely some More

1113
00:57:05,080 --> 00:57:06,880
Speaker 2: is going to want New Zealand to pour every resource

1114
00:57:06,920 --> 00:57:07,960
Speaker 2: available into this alley.

1115
00:57:08,719 --> 00:57:08,919
Speaker 20: Yeah.

1116
00:57:08,960 --> 00:57:10,719
Speaker 27: Well, and I think that's what we've heard so far.

1117
00:57:10,800 --> 00:57:13,080
Speaker 27: I think every time Christopher Luxon has talked on this

1118
00:57:13,200 --> 00:57:14,920
Speaker 27: in the last sort of twenty four hours. He's made

1119
00:57:14,920 --> 00:57:17,400
Speaker 27: it very clear that some more will be leading this

1120
00:57:18,040 --> 00:57:22,040
Speaker 27: and that New Zealand will be providing whatever resources are required.

1121
00:57:22,320 --> 00:57:24,120
Speaker 27: Just going back to what Tim said, you know about

1122
00:57:24,120 --> 00:57:25,880
Speaker 27: if the kids spill something at home, they have to

1123
00:57:25,880 --> 00:57:28,200
Speaker 27: clean it up. Well, if the kids spill something at

1124
00:57:28,200 --> 00:57:30,680
Speaker 27: home and then throw it over the fence into the neighbors,

1125
00:57:30,880 --> 00:57:32,920
Speaker 27: then they have to make good with the neighbors. And

1126
00:57:32,960 --> 00:57:35,200
Speaker 27: I think that's part of what's happened here as well.

1127
00:57:35,240 --> 00:57:38,240
Speaker 2: You know, this is Elliott.

1128
00:57:39,120 --> 00:57:41,360
Speaker 26: It depends how it depends how well you get on

1129
00:57:41,440 --> 00:57:43,360
Speaker 26: with the neighbors.

1130
00:57:43,600 --> 00:57:45,640
Speaker 27: Well, if you want to continue getting on well with

1131
00:57:45,720 --> 00:57:48,840
Speaker 27: the neighbors from I suggest that you know, this is

1132
00:57:49,240 --> 00:57:53,680
Speaker 27: a tourist area, it's an environmentally sensitive area, and it's

1133
00:57:53,720 --> 00:57:56,400
Speaker 27: someone's backyard for food. So we have to put into

1134
00:57:56,440 --> 00:57:57,400
Speaker 27: it whatever we need.

1135
00:57:57,280 --> 00:57:59,560
Speaker 2: To, Okay, Tim, the two E bill board is it?

1136
00:58:00,360 --> 00:58:00,680
Speaker 3: Yeah?

1137
00:58:01,120 --> 00:58:01,280
Speaker 20: Yeah?

1138
00:58:01,360 --> 00:58:04,600
Speaker 26: No, Well like you like you, like you're saying, Jack,

1139
00:58:04,640 --> 00:58:06,760
Speaker 26: we're talking about it, So job done. Look, I've got

1140
00:58:06,760 --> 00:58:11,880
Speaker 26: to say that I'm absolutely thermonuclear and furious, and that's

1141
00:58:11,920 --> 00:58:15,760
Speaker 26: because there's no hyphens in there. So as I understand

1142
00:58:15,880 --> 00:58:20,000
Speaker 26: AP style meth smoking, there's one hyphen sex worker loving.

1143
00:58:20,200 --> 00:58:23,600
Speaker 26: That's two hyphens. There's no hyphen there. Also, the guy

1144
00:58:23,760 --> 00:58:26,440
Speaker 26: is not a doctor, he's retired, so it's grammatically and

1145
00:58:26,560 --> 00:58:31,080
Speaker 26: factually untrue. Let's do something that's grammatical and factual. How

1146
00:58:31,120 --> 00:58:33,200
Speaker 26: about Jack tam hates offending people?

1147
00:58:33,440 --> 00:58:38,000
Speaker 2: You're right, hang on, you have an answer though. If

1148
00:58:38,000 --> 00:58:40,280
Speaker 2: we put the grammar to one side, is it is it?

1149
00:58:40,320 --> 00:58:44,680
Speaker 2: Is it on the right side of the tasteline viewed him.

1150
00:58:44,880 --> 00:58:49,240
Speaker 26: Ah, it's just it's here's the thing about humor.

1151
00:58:49,440 --> 00:58:52,280
Speaker 20: It's a man it sounds like fading.

1152
00:58:52,600 --> 00:58:54,720
Speaker 26: It's well, what I'm saying, is it It doesn't need

1153
00:58:54,760 --> 00:58:57,120
Speaker 26: to be as cheery as that one is. Yeah, isn't

1154
00:58:57,240 --> 00:59:00,600
Speaker 26: isn't the soul of brevity? I mean I think for

1155
00:59:01,400 --> 00:59:06,640
Speaker 26: obviously for the family of Philip Polkinghorn's wife, then then

1156
00:59:06,920 --> 00:59:10,360
Speaker 26: that's going to be sad, and I sympathize with them

1157
00:59:10,400 --> 00:59:12,360
Speaker 26: because that's a that's a public sadness.

1158
00:59:12,760 --> 00:59:14,360
Speaker 2: What do you think, Allie Well?

1159
00:59:14,400 --> 00:59:18,120
Speaker 27: I laughed, But as Tim said, I clearly this isn't

1160
00:59:18,160 --> 00:59:21,360
Speaker 27: funny to everyone. And I've heard, you know, have Pauline

1161
00:59:21,360 --> 00:59:25,840
Speaker 27: Hannah's family mentioned. I think this actually works for them.

1162
00:59:25,920 --> 00:59:29,560
Speaker 27: It's basically saying that this guy is a dick, and

1163
00:59:29,760 --> 00:59:31,959
Speaker 27: you know, and I think that that's what I get

1164
00:59:32,000 --> 00:59:35,120
Speaker 27: from that. But just because people not everyone will find

1165
00:59:35,120 --> 00:59:37,400
Speaker 27: this funny doesn't make it wrong all bad. I just

1166
00:59:37,400 --> 00:59:40,280
Speaker 27: think we're too easily offended these days. This has worked

1167
00:59:40,280 --> 00:59:42,600
Speaker 27: well for two years, you said, Tim, we're talking about it,

1168
00:59:42,840 --> 00:59:45,880
Speaker 27: but we just don't take risks anymore for fear of offending.

1169
00:59:46,120 --> 00:59:48,160
Speaker 27: And I wonder what the next stage is. Perhaps Tim,

1170
00:59:48,200 --> 00:59:50,280
Speaker 27: someone will be canceled, might be you.

1171
00:59:50,280 --> 00:59:55,040
Speaker 26: Know, well, can we cancel people for abusing misuse of hyphens?

1172
00:59:55,320 --> 00:59:55,880
Speaker 20: I'm into it.

1173
00:59:56,000 --> 00:59:58,960
Speaker 2: Sorry, don't get me start on fewer and less than Tim,

1174
00:59:59,000 --> 00:59:59,800
Speaker 2: otherwise we'll be here.

1175
01:00:01,880 --> 01:00:03,800
Speaker 27: Yeah, just before you go to the break. One thing

1176
01:00:03,800 --> 01:00:04,520
Speaker 27: I've been hearing this.

1177
01:00:04,640 --> 01:00:06,920
Speaker 3: There is no that I know I know.

1178
01:00:08,400 --> 01:00:11,160
Speaker 2: Right, And this is like here, if we're cracking down

1179
01:00:11,160 --> 01:00:13,720
Speaker 2: on grammar, there're you know, people in glasshouses, right, So

1180
01:00:13,800 --> 01:00:16,120
Speaker 2: there is no that we've got to say, at me

1181
01:00:16,160 --> 01:00:19,360
Speaker 2: INDs mona Anui hit a reef and went under, as

1182
01:00:19,360 --> 01:00:21,880
Speaker 2: opposed to the at me inss mona Anui hit a

1183
01:00:21,920 --> 01:00:24,000
Speaker 2: reef and went under. These things are hard to get right.

1184
01:00:24,120 --> 01:00:27,600
Speaker 2: I've only just got used to getting my daylight saving.

1185
01:00:27,640 --> 01:00:31,200
Speaker 2: This is my Daylight Savings. Ali, so he's up Ellie Jones,

1186
01:00:31,240 --> 01:00:33,040
Speaker 2: Tim Wilson our huddlers this evening. We're back in a

1187
01:00:33,040 --> 01:00:34,560
Speaker 2: couple of minutes fourteen to six.

1188
01:00:36,080 --> 01:00:39,840
Speaker 1: The Huddle with New Zealand Southeby's International Realty Elevate the

1189
01:00:39,880 --> 01:00:41,160
Speaker 1: marketing of your home.

1190
01:00:41,080 --> 01:00:42,960
Speaker 2: And on the Huddle this evening, Ellie Jones from red

1191
01:00:43,000 --> 01:00:45,960
Speaker 2: PR Tim Wilson, the CEO of the Maximum Institute. Elie

1192
01:00:45,960 --> 01:00:48,439
Speaker 2: an extraordinary interview earlier in the show with the head

1193
01:00:48,440 --> 01:00:51,240
Speaker 2: of the dog shelters for Auckland City Council. So Auckland

1194
01:00:51,240 --> 01:00:54,920
Speaker 2: Dog Shelters have been forced to euthanize about eleven dogs

1195
01:00:54,960 --> 01:00:58,440
Speaker 2: a day over the last financial years, more dogs than

1196
01:00:58,480 --> 01:01:00,520
Speaker 2: at any other point in the past decade. And I

1197
01:01:00,520 --> 01:01:02,280
Speaker 2: think the term that she used was that dogs have

1198
01:01:02,320 --> 01:01:04,920
Speaker 2: been handed round or puppies are handed round like Lolly's

1199
01:01:05,800 --> 01:01:07,880
Speaker 2: in some parts of Auckland. At the moment, I mean,

1200
01:01:07,880 --> 01:01:12,080
Speaker 2: this is terrible. Do you think it justifies greater regulations

1201
01:01:12,080 --> 01:01:14,960
Speaker 2: and restrictions on who can breed dogs?

1202
01:01:16,200 --> 01:01:18,360
Speaker 27: I don't know where you start, you know, is it

1203
01:01:18,400 --> 01:01:21,200
Speaker 27: the breeding and does that just make it then go underground?

1204
01:01:21,280 --> 01:01:24,760
Speaker 27: And I didn't hear the interview, but What was interesting

1205
01:01:25,320 --> 01:01:27,200
Speaker 27: about this issue is that I did go back and

1206
01:01:27,200 --> 01:01:29,120
Speaker 27: have a look at what the situation has been in

1207
01:01:29,200 --> 01:01:32,720
Speaker 27: christ Church, and in twenty twenty three June, covering the

1208
01:01:32,720 --> 01:01:36,360
Speaker 27: eleven months prior to that, there were two two hundred

1209
01:01:36,360 --> 01:01:39,680
Speaker 27: and forty six lost dogs reported to the City Council

1210
01:01:39,680 --> 01:01:42,560
Speaker 27: here in christ Church. Only five hundred and sixty five

1211
01:01:42,640 --> 01:01:45,160
Speaker 27: had to go to the dog shelter, and of those

1212
01:01:45,200 --> 01:01:48,600
Speaker 27: five hundred and sixty five all were either adopted or

1213
01:01:48,680 --> 01:01:51,720
Speaker 27: they ended up back home. None were euthanized or euthanized.

1214
01:01:52,280 --> 01:01:54,200
Speaker 27: So and I think one of the things that works

1215
01:01:54,240 --> 01:01:56,480
Speaker 27: there for us is that our team, which is awesome

1216
01:01:56,480 --> 01:01:58,720
Speaker 27: at the City Council, is that they work with other

1217
01:01:58,840 --> 01:02:02,280
Speaker 27: organizations like Dogs Watch and Bull Breed and they try

1218
01:02:02,360 --> 01:02:05,800
Speaker 27: really hard to adopt these dogs out using social media.

1219
01:02:05,520 --> 01:02:06,200
Speaker 20: And so forth.

1220
01:02:06,480 --> 01:02:07,880
Speaker 25: But I don't know how you stop this.

1221
01:02:08,000 --> 01:02:09,480
Speaker 27: I mean, this is clearly did they say in the

1222
01:02:09,520 --> 01:02:10,680
Speaker 27: interview it's a result of.

1223
01:02:12,240 --> 01:02:14,840
Speaker 2: Cost of living, combination of fact, but well, just I

1224
01:02:14,880 --> 01:02:17,080
Speaker 2: mean there's the COVID as well, which meant that dogs

1225
01:02:17,080 --> 01:02:19,520
Speaker 2: weren't being desex nearly as regularly as they had been

1226
01:02:19,560 --> 01:02:21,440
Speaker 2: in the past. That's the big one, right, And then

1227
01:02:21,760 --> 01:02:24,560
Speaker 2: basically people are taking on dogs. And I mean the

1228
01:02:24,640 --> 01:02:29,640
Speaker 2: example that the animal shelter management manager used with us

1229
01:02:30,000 --> 01:02:32,920
Speaker 2: was she said that dogs are sometimes people have them

1230
01:02:32,960 --> 01:02:34,520
Speaker 2: for a year or two, they get sick of them,

1231
01:02:34,560 --> 01:02:36,800
Speaker 2: they let them go, they abandon them, then they immediately

1232
01:02:36,840 --> 01:02:38,280
Speaker 2: go and get a new puppy. I mean, it's really

1233
01:02:38,320 --> 01:02:42,520
Speaker 2: it says a lot about responsibility, Tim, Yeah, it does, Jack.

1234
01:02:42,400 --> 01:02:45,480
Speaker 26: And owners needs to be made more accountable, I think

1235
01:02:45,480 --> 01:02:48,680
Speaker 26: because dogs behaving badly as a sign of humans behaving badly.

1236
01:02:49,000 --> 01:02:51,320
Speaker 26: And but what's particularly said is I think a quarter

1237
01:02:51,400 --> 01:02:55,280
Speaker 26: of those those dogs who were euthanized was because there

1238
01:02:55,320 --> 01:02:58,480
Speaker 26: was no room in the pound. Yeah, that is just

1239
01:02:58,760 --> 01:03:02,000
Speaker 26: that is just really that's that's that's really sad. And look,

1240
01:03:02,040 --> 01:03:03,240
Speaker 26: I'm going to I'm going to make a bit of

1241
01:03:03,240 --> 01:03:06,200
Speaker 26: a pivot here, but you think about what about those

1242
01:03:06,320 --> 01:03:09,720
Speaker 26: humans who have to quote unquote choose euthanasia because of

1243
01:03:09,920 --> 01:03:13,440
Speaker 26: no limited access to pelleative care and issues like that.

1244
01:03:13,480 --> 01:03:15,320
Speaker 26: We feel sorry for the dogs, but I think as

1245
01:03:15,320 --> 01:03:18,760
Speaker 26: we think about reviewing the euthanasia legislation through the lens

1246
01:03:18,800 --> 01:03:20,520
Speaker 26: of pelleative care, we look to that too.

1247
01:03:20,640 --> 01:03:22,880
Speaker 2: Well, that is definitely a pivot. Him.

1248
01:03:24,160 --> 01:03:25,080
Speaker 25: Can you remember that.

1249
01:03:25,160 --> 01:03:28,240
Speaker 27: Do you remember that promotion years ago where we were

1250
01:03:28,280 --> 01:03:30,160
Speaker 27: told that dogs were not just for Christmas?

1251
01:03:30,200 --> 01:03:30,800
Speaker 12: Do you remember that?

1252
01:03:30,880 --> 01:03:33,240
Speaker 2: Yeah, yeah, yeah, And I thought it.

1253
01:03:33,200 --> 01:03:36,120
Speaker 27: Was really effective. It was telling people you have a dog,

1254
01:03:36,200 --> 01:03:38,040
Speaker 27: you have it for the life of the dog. It's

1255
01:03:38,040 --> 01:03:39,840
Speaker 27: not something you just keep for Christmas.

1256
01:03:39,920 --> 01:03:40,320
Speaker 2: Yeah.

1257
01:03:40,360 --> 01:03:42,000
Speaker 27: And maybe there needs to be a bit more public

1258
01:03:42,080 --> 01:03:43,480
Speaker 27: information around them.

1259
01:03:43,480 --> 01:03:45,320
Speaker 2: I think it's going to be the decexing and I

1260
01:03:45,400 --> 01:03:49,680
Speaker 2: reckon for people who are selling dogs effectively breeding them.

1261
01:03:49,720 --> 01:03:52,400
Speaker 2: I think we could look at, you know, greater regulation

1262
01:03:52,440 --> 01:03:53,840
Speaker 2: around that as well. Thank you so much for your

1263
01:03:53,840 --> 01:03:56,320
Speaker 2: time and thoughts, guys, really thoughtful as always, our huddle

1264
01:03:56,360 --> 01:03:58,520
Speaker 2: this evening, Allie Jones and Tim Wilson, thank you for

1265
01:03:58,560 --> 01:04:01,600
Speaker 2: your vback as well. Jack to Jack, absolutely love the

1266
01:04:01,680 --> 01:04:05,480
Speaker 2: twoy billboards. Jack, the two billboards are great. Not so

1267
01:04:05,520 --> 01:04:07,760
Speaker 2: sure about there be ninety two ninety two if you

1268
01:04:07,800 --> 01:04:09,640
Speaker 2: want to get in touch. That is the text number.

1269
01:04:09,920 --> 01:04:11,760
Speaker 2: It is seven minutes to six year with Jack Tame.

1270
01:04:11,880 --> 01:04:12,640
Speaker 2: This is News Talks.

1271
01:04:12,640 --> 01:04:12,920
Speaker 20: He'd be.

1272
01:04:15,320 --> 01:04:17,960
Speaker 1: On your smart speaker, on the iHeart app and in

1273
01:04:18,000 --> 01:04:21,040
Speaker 1: your car on your drive home. Heather duple c Allen

1274
01:04:21,160 --> 01:04:25,080
Speaker 1: drive with one New Zealand one Giant Leap for Business

1275
01:04:25,400 --> 01:04:27,600
Speaker 1: News Talk SIB News Talks.

1276
01:04:27,600 --> 01:04:29,280
Speaker 2: He'd be thank you very much for your feedback.

1277
01:04:29,360 --> 01:04:29,600
Speaker 6: Jack.

1278
01:04:29,720 --> 01:04:33,040
Speaker 2: Absolutely disgusting that Auckland Council has been forced to put

1279
01:04:33,120 --> 01:04:35,560
Speaker 2: down so many dogs. A dog is part of your family.

1280
01:04:35,960 --> 01:04:39,040
Speaker 2: Anyone How any human being can be so cruel to

1281
01:04:39,040 --> 01:04:41,160
Speaker 2: an animal that they abandon it. I just do not

1282
01:04:41,360 --> 01:04:44,600
Speaker 2: understand it, says Steve. It's the puppy millers, all the

1283
01:04:44,600 --> 01:04:47,160
Speaker 2: people making designer dogs that think they're going to make

1284
01:04:47,240 --> 01:04:50,040
Speaker 2: heaps of money that I think is the big problem.

1285
01:04:50,120 --> 01:04:53,080
Speaker 2: People need to be held accountable. Sorry for the rant, No, Steve,

1286
01:04:53,200 --> 01:04:55,160
Speaker 2: do not apologize. I'm totally with you on that one.

1287
01:04:55,160 --> 01:04:57,000
Speaker 2: Totally with you. I think you hit the nail on

1288
01:04:57,040 --> 01:04:59,520
Speaker 2: the head. I mean those numbers are extraordinary. Eleven dogs

1289
01:04:59,520 --> 01:05:01,880
Speaker 2: a day for the last financial year for all con

1290
01:05:01,920 --> 01:05:04,000
Speaker 2: City Council. Just imagine what it's like on the staff

1291
01:05:04,040 --> 01:05:06,760
Speaker 2: working there. Because people working in animal shelters are people

1292
01:05:06,760 --> 01:05:10,960
Speaker 2: who love animals, they love dogs, you know, I just

1293
01:05:11,160 --> 01:05:14,560
Speaker 2: imagine having to go through that. It is really really tricky.

1294
01:05:15,320 --> 01:05:17,600
Speaker 2: We'll get to wear your feedback after six o'clock this evening.

1295
01:05:17,680 --> 01:05:19,840
Speaker 2: As well as that we're going to take a closer

1296
01:05:19,840 --> 01:05:23,360
Speaker 2: look at why the banks are still stress testing mortgage

1297
01:05:23,360 --> 01:05:27,760
Speaker 2: holders at nine percent, especially ahead of tomorrow's OCR announcement.

1298
01:05:27,880 --> 01:05:30,200
Speaker 2: I mean, most of the big banks, all of the

1299
01:05:30,240 --> 01:05:33,480
Speaker 2: retail banks in factor, are picking a fifty fifty basis

1300
01:05:33,520 --> 01:05:36,720
Speaker 2: point cut to the OCR, maybe a fifty basis point

1301
01:05:36,720 --> 01:05:39,120
Speaker 2: cut in the OCR coming up in November as well

1302
01:05:39,160 --> 01:05:42,200
Speaker 2: for the last OCR call before Christmas. If that is

1303
01:05:42,240 --> 01:05:46,200
Speaker 2: the case, if we're potentially looking down a situation where

1304
01:05:46,240 --> 01:05:49,680
Speaker 2: in six eight weeks time, the OCR is going to

1305
01:05:49,720 --> 01:05:51,760
Speaker 2: be one hundred basis points lower than it is right now,

1306
01:05:51,840 --> 01:05:54,320
Speaker 2: then why on earth are the banks stress testing at

1307
01:05:54,440 --> 01:05:57,600
Speaker 2: nine percent? I wonder if it has anything to do

1308
01:05:57,720 --> 01:06:00,720
Speaker 2: with a certain election being held at the start next month.

1309
01:06:01,120 --> 01:06:04,200
Speaker 2: As well as that news today or official documents released

1310
01:06:04,200 --> 01:06:06,520
Speaker 2: today on the health New Zealand budget blowout. It just

1311
01:06:06,520 --> 01:06:09,280
Speaker 2: gets getting bigger and bigger and bigger. One point seven

1312
01:06:09,760 --> 01:06:12,880
Speaker 2: billion dollars is the latest number. So we will give

1313
01:06:12,920 --> 01:06:16,800
Speaker 2: you all of the details on that very shortly. I

1314
01:06:16,800 --> 01:06:19,720
Speaker 2: mean one point seven billions. It's always sort of made

1315
01:06:19,760 --> 01:06:22,720
Speaker 2: up numbers at this point, isn't it. News is next though,

1316
01:06:23,120 --> 01:06:25,280
Speaker 2: It is just coming up to six o'clock. Jack tame

1317
01:06:25,360 --> 01:06:28,360
Speaker 2: in for Heather du plasy Allen. This is Newstalk ZEDB.

1318
01:06:43,120 --> 01:06:47,240
Speaker 1: What's what's down? What were the major calls and how

1319
01:06:47,320 --> 01:06:50,360
Speaker 1: will it affect the economy of the big business questions

1320
01:06:50,440 --> 01:06:54,479
Speaker 1: on the Business Hour with Jack Tam and My Hr

1321
01:06:54,800 --> 01:06:55,800
Speaker 1: on News TALKSB.

1322
01:07:00,400 --> 01:07:03,640
Speaker 2: This time tomorrow the Monetary Policy Committee for the Reserve

1323
01:07:03,680 --> 01:07:05,800
Speaker 2: Bank will have made their call, the second to last

1324
01:07:05,800 --> 01:07:09,720
Speaker 2: for twenty twenty four. Fifty basis points is what is

1325
01:07:09,760 --> 01:07:12,800
Speaker 2: being packed by most of most economists and the big

1326
01:07:12,840 --> 01:07:15,000
Speaker 2: banks at the moment. So what will that mean for

1327
01:07:15,080 --> 01:07:17,640
Speaker 2: our mortgage rates? What does it mean for a November

1328
01:07:17,680 --> 01:07:19,160
Speaker 2: cut as well? We'll take a look at that before

1329
01:07:19,200 --> 01:07:21,520
Speaker 2: seven o'clock this evening. Right now though it is seven

1330
01:07:21,600 --> 01:07:23,680
Speaker 2: past six, and Health New Zealand could be in the

1331
01:07:23,680 --> 01:07:26,920
Speaker 2: read by almost one point eight billion dollars by the

1332
01:07:27,000 --> 01:07:29,560
Speaker 2: end of the financial year. It's come from official documents

1333
01:07:29,600 --> 01:07:32,720
Speaker 2: released this afternoon that we're requested by the Health Select Committee.

1334
01:07:32,720 --> 01:07:34,600
Speaker 2: It shows that Health New Zealand was insisting it was

1335
01:07:34,640 --> 01:07:37,320
Speaker 2: on track to meet its twenty three to twenty four

1336
01:07:37,400 --> 01:07:39,800
Speaker 2: budget and provide more than half a billion dollars in

1337
01:07:39,880 --> 01:07:43,120
Speaker 2: savings right up until March of this year, before a

1338
01:07:43,200 --> 01:07:47,960
Speaker 2: sudden deterioration in its financial position. The Association of Salaried

1339
01:07:48,040 --> 01:07:52,000
Speaker 2: Medical Specialists executive director Sarah Dalton is with us this evening.

1340
01:07:52,080 --> 01:07:55,800
Speaker 2: Kill to Sarah Shelter Jeck, how are you doing very well? Thanks?

1341
01:07:55,800 --> 01:07:57,920
Speaker 2: So what is going on here? Why are they losing

1342
01:07:57,920 --> 01:07:58,560
Speaker 2: so much money?

1343
01:08:00,120 --> 01:08:04,080
Speaker 28: I'm not sure that that the picture here is quite

1344
01:08:04,160 --> 01:08:07,440
Speaker 28: what is being claimed. So I've had some of my

1345
01:08:07,560 --> 01:08:10,480
Speaker 28: team trying to pull through those papers, and as you

1346
01:08:10,520 --> 01:08:12,680
Speaker 28: probably know, there's more than four hundred and fifty pages

1347
01:08:12,720 --> 01:08:16,160
Speaker 28: that have humbled out today, so there's a lot in

1348
01:08:16,200 --> 01:08:19,160
Speaker 28: there to look at. And as far as we're concerned,

1349
01:08:19,360 --> 01:08:22,200
Speaker 28: what it seems to be showing is that we're still

1350
01:08:22,200 --> 01:08:25,160
Speaker 28: not investing enough in our health system. If you're trying

1351
01:08:25,200 --> 01:08:28,040
Speaker 28: to increase staffing in our health system, it costs more,

1352
01:08:28,040 --> 01:08:30,000
Speaker 28: and if you don't budget for that, then it's going

1353
01:08:30,040 --> 01:08:32,760
Speaker 28: to look like a blowout. So that's an issue, and

1354
01:08:32,800 --> 01:08:35,519
Speaker 28: that's really government choices right in terms of how they

1355
01:08:35,600 --> 01:08:39,439
Speaker 28: fund heals. We already had heard that a big chunk

1356
01:08:39,479 --> 01:08:43,000
Speaker 28: of that deficit is more than five hundred million dollars

1357
01:08:43,080 --> 01:08:48,080
Speaker 28: of pay equity money that hasn't been transferred across yet

1358
01:08:48,680 --> 01:08:52,559
Speaker 28: running a health system isn't cheap. All the pational groups,

1359
01:08:52,560 --> 01:08:55,200
Speaker 28: as far as we can see, still appear to be understaffed,

1360
01:08:55,240 --> 01:08:57,800
Speaker 28: and that's certainly what our members are telling us. But

1361
01:08:57,920 --> 01:09:00,240
Speaker 28: you know, both things can be true at the same time.

1362
01:09:00,280 --> 01:09:03,400
Speaker 28: That it is costing more as you staff up and

1363
01:09:03,479 --> 01:09:07,240
Speaker 28: you still don't have enough staff, right, And we're in

1364
01:09:07,280 --> 01:09:09,679
Speaker 28: a system that's been run down over many, many years,

1365
01:09:09,720 --> 01:09:14,400
Speaker 28: So staff's a big cost. Deferred maintenance costs as you

1366
01:09:14,439 --> 01:09:18,200
Speaker 28: start to address those things really expensive. And health CPI

1367
01:09:18,360 --> 01:09:23,439
Speaker 28: runs higher than average CPI, so you.

1368
01:09:23,439 --> 01:09:28,800
Speaker 2: Know, it's it's a combination. Yeah, it is.

1369
01:09:29,000 --> 01:09:29,360
Speaker 3: It is.

1370
01:09:29,439 --> 01:09:31,920
Speaker 28: So I'm not sure that we're seeing mismanagement. We're still

1371
01:09:31,960 --> 01:09:36,559
Speaker 28: seeing an under investment in our health system. But you know,

1372
01:09:36,600 --> 01:09:38,759
Speaker 28: the ways we account for it, the way the government

1373
01:09:39,760 --> 01:09:43,000
Speaker 28: chooses to push the money through, the way to fu

1374
01:09:43,120 --> 01:09:46,200
Speaker 28: to Order plans that spend over the year, all of

1375
01:09:46,240 --> 01:09:48,120
Speaker 28: those things will have an impact on the books. But

1376
01:09:48,200 --> 01:09:52,479
Speaker 28: I think what matters for most New Zealanders is can

1377
01:09:52,520 --> 01:09:54,040
Speaker 28: I get the care I need when I need it?

1378
01:09:54,400 --> 01:09:57,200
Speaker 2: Yeah, of course has to fus to Order been sufficiently

1379
01:09:57,280 --> 01:09:59,280
Speaker 2: transparent about its financial position.

1380
01:10:01,920 --> 01:10:05,320
Speaker 28: We don't really get to see the detail inside of

1381
01:10:05,360 --> 01:10:07,920
Speaker 28: those numbers. So I was just in a meeting today

1382
01:10:07,960 --> 01:10:12,080
Speaker 28: about a critically understaffed service and acute service and had

1383
01:10:12,080 --> 01:10:14,680
Speaker 28: a bit of hand ringing from the local boss and

1384
01:10:14,720 --> 01:10:17,080
Speaker 28: the regional boss about oh, well there, you know how

1385
01:10:17,080 --> 01:10:19,559
Speaker 28: difficult it is, and it's like, well, actually I don't.

1386
01:10:19,640 --> 01:10:22,240
Speaker 28: This is a core public health service that needs to

1387
01:10:22,280 --> 01:10:26,240
Speaker 28: be staffed. You're not proposing to close beds and nor

1388
01:10:26,280 --> 01:10:28,880
Speaker 28: should they, but you need to fund staffing to make

1389
01:10:28,960 --> 01:10:32,559
Speaker 28: that need. So we're looking at health the wrong way

1390
01:10:32,600 --> 01:10:36,040
Speaker 28: round and I think this government needs to own that.

1391
01:10:37,400 --> 01:10:38,840
Speaker 2: So how are we looking at the wrong way around?

1392
01:10:40,040 --> 01:10:42,400
Speaker 28: Well by saying what we'd like to help you with

1393
01:10:42,439 --> 01:10:46,880
Speaker 28: this obviously understaffed service, but you know we're running a

1394
01:10:46,920 --> 01:10:48,680
Speaker 28: bit short of money so we can't.

1395
01:10:48,360 --> 01:10:49,840
Speaker 4: Pay for that or it's difficult.

1396
01:10:50,200 --> 01:10:52,840
Speaker 28: Well hang on, isn't part of the social contract that

1397
01:10:52,920 --> 01:10:53,760
Speaker 28: you must.

1398
01:10:54,640 --> 01:10:57,400
Speaker 2: So what kind of intervention do we need or is

1399
01:10:57,400 --> 01:11:00,640
Speaker 2: it simply a case of getting the government to pony

1400
01:11:00,760 --> 01:11:01,639
Speaker 2: up even more money.

1401
01:11:02,680 --> 01:11:06,479
Speaker 28: Well, you know, obviously they're looking for a decent return

1402
01:11:06,520 --> 01:11:07,960
Speaker 28: on the money they put in, and they want to

1403
01:11:08,000 --> 01:11:10,880
Speaker 28: know the money is being spent wisely and appropriately. But

1404
01:11:11,000 --> 01:11:14,800
Speaker 28: for example, the minister's announcement about money being spent in

1405
01:11:14,840 --> 01:11:18,240
Speaker 28: the Palmerston North ed today they talked about six million

1406
01:11:18,280 --> 01:11:20,519
Speaker 28: dollars three and a half million dollars in the first year.

1407
01:11:20,760 --> 01:11:25,000
Speaker 28: It says it's coming out of of operating you know

1408
01:11:25,080 --> 01:11:28,880
Speaker 28: already agreed operational funding. So it's not new money, it's

1409
01:11:29,439 --> 01:11:33,400
Speaker 28: it's recycled money from somewhere else, or it's being taken

1410
01:11:33,920 --> 01:11:38,519
Speaker 28: from another party. Where is that coming from? So I

1411
01:11:38,520 --> 01:11:40,680
Speaker 28: think we need a little more visibility about where are

1412
01:11:40,720 --> 01:11:45,000
Speaker 28: the priority area is. Recently there was a news letter

1413
01:11:45,040 --> 01:11:48,559
Speaker 28: to staff from GIAPA inlist Levy saying, you know, we

1414
01:11:48,600 --> 01:11:51,000
Speaker 28: won't make cats to the clinical frontline. Well I don't

1415
01:11:51,000 --> 01:11:54,320
Speaker 28: agree about that, but let's just assume that for a moment.

1416
01:11:54,840 --> 01:11:56,840
Speaker 28: But we may be making some cuts from the National

1417
01:11:56,840 --> 01:11:59,400
Speaker 28: Public Health Service well, as far as we concern, that

1418
01:11:59,560 --> 01:12:01,479
Speaker 28: is also frontline. I've written to.

1419
01:12:01,439 --> 01:12:04,120
Speaker 4: Them asking what are those cuts, what's impact what you

1420
01:12:04,200 --> 01:12:07,280
Speaker 4: plan to do? Haven't had a response. So we need

1421
01:12:07,320 --> 01:12:11,080
Speaker 4: to understand what sits behind both the numbers but also

1422
01:12:11,720 --> 01:12:14,000
Speaker 4: the priorities for care. We're going to have to drill

1423
01:12:14,040 --> 01:12:14,880
Speaker 4: down into that a bit.

1424
01:12:15,200 --> 01:12:18,200
Speaker 2: Yeah, if you can look at it at this with

1425
01:12:19,280 --> 01:12:23,840
Speaker 2: whatever relationships and biases and all of those things put

1426
01:12:23,840 --> 01:12:27,960
Speaker 2: to one side. Can you acknowledge that there are inefficiencies

1427
01:12:28,240 --> 01:12:32,479
Speaker 2: and bloat within parts of Tifutu, water Health New Zealand

1428
01:12:32,520 --> 01:12:35,080
Speaker 2: and New Zealand's health system management at large?

1429
01:12:36,200 --> 01:12:39,680
Speaker 28: I don't know, to be honest, maybe I don't see it,

1430
01:12:39,720 --> 01:12:42,639
Speaker 28: but I only see part of the system. Right. What

1431
01:12:42,720 --> 01:12:49,240
Speaker 28: I see is that overcrowded wards and overcrowded eds cause

1432
01:12:49,240 --> 01:12:52,960
Speaker 28: and efficiencies which create costs. I also could say that

1433
01:12:53,120 --> 01:12:57,760
Speaker 28: a heavy reliance on locom staff costs heaps.

1434
01:12:57,560 --> 01:12:58,840
Speaker 2: Yeah, because they more right.

1435
01:12:58,920 --> 01:13:02,440
Speaker 28: Yeah, yeah, so I would call both those things in efficiencies,

1436
01:13:03,000 --> 01:13:06,559
Speaker 28: but they're all about shortages at their heart. We could

1437
01:13:06,600 --> 01:13:10,360
Speaker 28: also have, you know, an even more wide ranging discussion

1438
01:13:10,400 --> 01:13:17,280
Speaker 28: and saying that respiratory disease from damp houses, preventable diseases

1439
01:13:17,360 --> 01:13:23,040
Speaker 28: through poor diets, alcohol sugar lead people to spend time

1440
01:13:23,080 --> 01:13:25,680
Speaker 28: in hospital than might otherwise. Not, so that brings us

1441
01:13:25,720 --> 01:13:27,560
Speaker 28: back to public health. It also brings us back to

1442
01:13:27,560 --> 01:13:31,439
Speaker 28: a whole other things like warm, dry housing, affordable housing

1443
01:13:31,680 --> 01:13:33,400
Speaker 28: that sit well outside vote health.

1444
01:13:33,600 --> 01:13:36,360
Speaker 2: Yeah, yeah, that's tricky. I thank you so much, Sarah.

1445
01:13:36,360 --> 01:13:40,320
Speaker 2: We appreciate your perspective. Sarah Dalton is the executive director

1446
01:13:40,320 --> 01:13:43,639
Speaker 2: of the Association of Salary Medical specialist Brad Olsen from

1447
01:13:43,680 --> 01:13:46,759
Speaker 2: Informetrics with us next fourteen past six on news dogs EDB.

1448
01:13:47,720 --> 01:13:51,200
Speaker 1: Crunching the numbers and getting the results. It's Heather dupic

1449
01:13:51,360 --> 01:13:54,720
Speaker 1: Ellen with the Business Hours thanks to my HR, the

1450
01:13:54,920 --> 01:13:58,520
Speaker 1: HR platform for SME on NEWSGB.

1451
01:13:58,200 --> 01:14:00,559
Speaker 2: Sixteen pass six on Newstalks B. We've got some new

1452
01:14:00,600 --> 01:14:04,519
Speaker 2: insights into how companies view hybrid working and the use

1453
01:14:04,560 --> 01:14:07,479
Speaker 2: of AI. Hunter Campbell has just released more of their

1454
01:14:07,520 --> 01:14:10,120
Speaker 2: mood of the CFO report, and it found of the

1455
01:14:10,120 --> 01:14:13,400
Speaker 2: company surveyed, one in five reported their business had adopted

1456
01:14:13,439 --> 01:14:16,519
Speaker 2: stricter work from home policies in twenty twenty four. In

1457
01:14:16,600 --> 01:14:20,360
Speaker 2: for Metric, principal economist Brad Olson is with us this

1458
01:14:20,439 --> 01:14:24,320
Speaker 2: evening Calder Brad, is this surprising, Culder Jack, No, Well,

1459
01:14:24,360 --> 01:14:25,000
Speaker 2: I don't think so.

1460
01:14:25,040 --> 01:14:28,160
Speaker 29: I think it's really a necessity there for businesses who

1461
01:14:28,640 --> 01:14:30,920
Speaker 29: during the pandemic, of course, you had to allow a

1462
01:14:30,920 --> 01:14:35,240
Speaker 29: lot more working from home, otherwise business operations often wouldn't continue.

1463
01:14:35,640 --> 01:14:38,559
Speaker 29: But over the last year or so people have been saying, well, actually, look,

1464
01:14:38,640 --> 01:14:41,000
Speaker 29: let's try and get a little bit more of a

1465
01:14:41,000 --> 01:14:44,240
Speaker 29: policy in place that's understand what those implications are. Let's

1466
01:14:44,240 --> 01:14:46,680
Speaker 29: have more of a discussion. But I think also this

1467
01:14:46,720 --> 01:14:48,720
Speaker 29: is not sort of a binary either you must work

1468
01:14:48,720 --> 01:14:52,080
Speaker 29: in the office or you never work in the office environment.

1469
01:14:52,479 --> 01:14:54,840
Speaker 29: Looking through some of the survey results from the Hunter

1470
01:14:54,920 --> 01:14:57,800
Speaker 29: Campbell Mood of the CFO survey, what was interesting was

1471
01:14:57,800 --> 01:15:00,960
Speaker 29: that sure you do have sort of you've still got

1472
01:15:01,000 --> 01:15:03,360
Speaker 29: a lot of people working from home, but about forty

1473
01:15:03,400 --> 01:15:06,599
Speaker 29: one percent of businesses reported that there are more people

1474
01:15:06,640 --> 01:15:08,680
Speaker 29: working in the office now than twelve months ago. So

1475
01:15:08,960 --> 01:15:11,680
Speaker 29: there has been a bit more of that shift. And

1476
01:15:11,720 --> 01:15:13,240
Speaker 29: we see that as well in a lot of other

1477
01:15:13,360 --> 01:15:15,960
Speaker 29: data where it's really a bit of a lifestyle change

1478
01:15:16,000 --> 01:15:19,120
Speaker 29: right where you've got a lot of particularly you know,

1479
01:15:19,560 --> 01:15:22,280
Speaker 29: inn urban centers, where you've got the rise of the twits,

1480
01:15:22,320 --> 01:15:25,200
Speaker 29: the Tuesday, Wednesday, Thursday workers and people work at home

1481
01:15:25,280 --> 01:15:27,680
Speaker 29: on Mondays and Fridays. So I think what it is

1482
01:15:27,680 --> 01:15:31,280
Speaker 29: is that lifestyles are reshaping how you do businesses reshaping,

1483
01:15:31,600 --> 01:15:34,559
Speaker 29: and actually you've got to be careful with this hybrid

1484
01:15:34,600 --> 01:15:36,760
Speaker 29: working that you don't go too strict and actually risk

1485
01:15:36,840 --> 01:15:38,080
Speaker 29: losing some of your good workers.

1486
01:15:38,080 --> 01:15:39,960
Speaker 2: So there's a balance with all of them. Yeah, so

1487
01:15:40,040 --> 01:15:41,920
Speaker 2: talk to us a bit more about that. What else

1488
01:15:41,960 --> 01:15:44,000
Speaker 2: do we learn from the report about working from home

1489
01:15:44,040 --> 01:15:46,840
Speaker 2: trains Well, I think that the biggest one was that,

1490
01:15:46,880 --> 01:15:49,360
Speaker 2: you know, people are still looking at sort of how

1491
01:15:49,400 --> 01:15:52,200
Speaker 2: that shift looks over time, because there was still around

1492
01:15:52,240 --> 01:15:56,240
Speaker 2: eight percent of businesses that reported that more employees were

1493
01:15:56,240 --> 01:15:58,519
Speaker 2: now working from home than a year ago, So it's

1494
01:15:58,520 --> 01:16:01,280
Speaker 2: not sort of a one way street, one way direction.

1495
01:16:01,800 --> 01:16:04,479
Speaker 2: What's also I think coming through though, is that with

1496
01:16:04,640 --> 01:16:07,040
Speaker 2: that sort of shift to hybrid working, it's been enabled

1497
01:16:07,080 --> 01:16:09,599
Speaker 2: by a greater level of use of technology. Right, you know,

1498
01:16:09,800 --> 01:16:11,400
Speaker 2: go back a couple of years ago and you never

1499
01:16:11,439 --> 01:16:13,439
Speaker 2: had to say, well, you're stuck on mute because most

1500
01:16:13,479 --> 01:16:17,479
Speaker 2: people didn't do zoom, teable or whatever calls. What's also, though,

1501
01:16:17,560 --> 01:16:19,599
Speaker 2: become a lot more parent is that we're all using

1502
01:16:19,600 --> 01:16:22,439
Speaker 2: technology in a very different way. So AI was one

1503
01:16:22,439 --> 01:16:24,439
Speaker 2: of the other areas that, funnily enough, has sort of

1504
01:16:24,439 --> 01:16:27,479
Speaker 2: come through as a much sort of bigger part of

1505
01:16:27,520 --> 01:16:30,479
Speaker 2: what businesses are doing. About forty four percent of companies

1506
01:16:30,520 --> 01:16:33,400
Speaker 2: seem like they're currently using AI, which is probably a

1507
01:16:33,439 --> 01:16:36,280
Speaker 2: bit higher than I would have thought given that, you know,

1508
01:16:36,720 --> 01:16:39,080
Speaker 2: some of the Treasury results, for example, suggests that our

1509
01:16:39,160 --> 01:16:41,800
Speaker 2: uptake ism is good, but it also seems like our

1510
01:16:41,840 --> 01:16:43,959
Speaker 2: AI use is a little bit more.

1511
01:16:43,960 --> 01:16:46,719
Speaker 29: Sort of simplistic. We're using it for spelling and grammar,

1512
01:16:46,760 --> 01:16:50,000
Speaker 29: we're using it for translation services. We haven't given it

1513
01:16:50,240 --> 01:16:53,120
Speaker 29: and sort of told it the AI overlords to run

1514
01:16:53,240 --> 01:16:55,479
Speaker 29: yet with all of our data and make lots of

1515
01:16:55,479 --> 01:16:58,160
Speaker 29: big decisions. So I still think we're probably feeling our

1516
01:16:58,200 --> 01:17:01,400
Speaker 29: way through there. I'll makes you encouraged because we know

1517
01:17:01,479 --> 01:17:04,200
Speaker 29: we've got a productivity problem in this country, and so

1518
01:17:04,320 --> 01:17:07,559
Speaker 29: AI and technology that does have big advantages for us

1519
01:17:07,560 --> 01:17:08,040
Speaker 29: for the future.

1520
01:17:08,120 --> 01:17:10,720
Speaker 2: Yeah, this is the danger, right, because because I mean

1521
01:17:10,760 --> 01:17:15,760
Speaker 2: there are kind of infantestible options for AI, right, and

1522
01:17:16,080 --> 01:17:19,320
Speaker 2: applications for AI. There are so many different applications. I mean,

1523
01:17:19,360 --> 01:17:21,880
Speaker 2: the vast number were probably never even considered. But the

1524
01:17:21,960 --> 01:17:23,840
Speaker 2: way that many of us engage with AI in the

1525
01:17:23,840 --> 01:17:26,640
Speaker 2: first place, at least as consumers, was through chatbots. So

1526
01:17:26,680 --> 01:17:28,439
Speaker 2: that's the way we think about AI, right, But it's

1527
01:17:28,479 --> 01:17:31,519
Speaker 2: so much more than chat GBT totally.

1528
01:17:31,640 --> 01:17:33,639
Speaker 29: Well, and you look, I mean chat GPT can't tell

1529
01:17:33,680 --> 01:17:35,720
Speaker 29: me how many ares there are in the word strawberry.

1530
01:17:35,760 --> 01:17:38,400
Speaker 29: So I think there's also like there's a natural level

1531
01:17:38,439 --> 01:17:40,519
Speaker 29: of caution, right, And that was what one of the

1532
01:17:40,560 --> 01:17:42,760
Speaker 29: other things was that you know, CFOs also said that,

1533
01:17:42,920 --> 01:17:44,320
Speaker 29: you know, some of them were a bit cautious and

1534
01:17:44,439 --> 01:17:46,599
Speaker 29: a bit worried about it about sort of forty five

1535
01:17:46,640 --> 01:17:49,680
Speaker 29: percent of sorry, fifty five percent of CFO said they

1536
01:17:49,680 --> 01:17:52,240
Speaker 29: had some concerns around AI, not from it it's a

1537
01:17:52,280 --> 01:17:54,400
Speaker 29: bad thing, but more like, what are the processes you

1538
01:17:54,439 --> 01:17:55,960
Speaker 29: have to put in place, what's the right sort of

1539
01:17:56,120 --> 01:17:58,439
Speaker 29: you know, framework. And I think though as well, that

1540
01:17:58,720 --> 01:18:01,400
Speaker 29: big part where we often talk about AIS, that sort

1541
01:18:01,400 --> 01:18:03,639
Speaker 29: of the worry around risk of jobs, and I totally

1542
01:18:03,720 --> 01:18:06,879
Speaker 29: understand that. I think what's interesting, certainly in my own experience,

1543
01:18:06,880 --> 01:18:08,800
Speaker 29: and this was born out in the survey, was just

1544
01:18:08,840 --> 01:18:10,280
Speaker 29: how much sort of you can get a bit of

1545
01:18:10,280 --> 01:18:13,280
Speaker 29: productivity game without having to throw an entire task over,

1546
01:18:13,560 --> 01:18:15,680
Speaker 29: but you just make yourself so much more efficient. So

1547
01:18:15,920 --> 01:18:18,720
Speaker 29: I think thirty seven percent of CFOs report that in

1548
01:18:18,760 --> 01:18:22,200
Speaker 29: their business they use AI for the likes of meeting transcription. Now,

1549
01:18:22,240 --> 01:18:24,800
Speaker 29: someone who can never read my own handwriting, after I've

1550
01:18:24,800 --> 01:18:27,599
Speaker 29: scribbled some notes in a meeting, getting an email afterwards,

1551
01:18:27,640 --> 01:18:30,080
Speaker 29: it's not only a transcript, but a summary that says, hey, Brad,

1552
01:18:30,080 --> 01:18:31,920
Speaker 29: you said that you were going to do these couple

1553
01:18:32,000 --> 01:18:35,839
Speaker 29: of tasks afterwards. That has you know that is incredibly useful.

1554
01:18:36,200 --> 01:18:38,120
Speaker 29: That's the way you do it instead of saying, well

1555
01:18:38,160 --> 01:18:40,400
Speaker 29: you'll replace it. Well, actually you don't have to do

1556
01:18:40,439 --> 01:18:42,240
Speaker 29: as much of these other tasks. You've now got more

1557
01:18:42,240 --> 01:18:44,639
Speaker 29: time to do those high value adding tasks. That's where

1558
01:18:44,640 --> 01:18:46,760
Speaker 29: the benefit lies. That's a really really good point.

1559
01:18:46,800 --> 01:18:50,799
Speaker 2: Hey, you guys are still picking fifty basis points tomorrow, right, No, we're.

1560
01:18:50,640 --> 01:18:52,960
Speaker 29: One of the only ones that isn't. We're on team

1561
01:18:52,960 --> 01:18:55,880
Speaker 29: twenty five. But to be theajeck, I could definitely see

1562
01:18:56,080 --> 01:18:57,760
Speaker 29: a fifty basis point cap coming.

1563
01:18:57,800 --> 01:18:59,719
Speaker 2: However, I'm a little bit worried.

1564
01:18:59,720 --> 01:19:02,519
Speaker 29: This decision that comes out two pm tomorrow is a

1565
01:19:02,560 --> 01:19:05,200
Speaker 29: week before we get the latest inflation data, so that

1566
01:19:05,560 --> 01:19:08,439
Speaker 29: worries me. I'd be much more comfortable with twenty five

1567
01:19:08,520 --> 01:19:12,280
Speaker 29: tomorrow signaling there's a good chance of perhaps fifty come November,

1568
01:19:12,280 --> 01:19:15,400
Speaker 29: because also in November, the Reserve Bank's got a three

1569
01:19:15,439 --> 01:19:18,120
Speaker 29: month break. They can assess how things are going over summer.

1570
01:19:18,320 --> 01:19:20,160
Speaker 29: Might be a bit of an insurance policy, So what.

1571
01:19:20,040 --> 01:19:20,880
Speaker 2: Are you picking next week?

1572
01:19:20,920 --> 01:19:21,040
Speaker 20: Though?

1573
01:19:21,040 --> 01:19:23,519
Speaker 29: For the CPI at the moment, we're sort of in

1574
01:19:23,520 --> 01:19:25,560
Speaker 29: that two point three percent.

1575
01:19:25,320 --> 01:19:29,439
Speaker 2: Feet to come out bread well within the band it is.

1576
01:19:29,520 --> 01:19:31,639
Speaker 29: But this is my worry writers that over the last

1577
01:19:31,640 --> 01:19:33,400
Speaker 29: couple of days. You look back two weeks, all the

1578
01:19:33,400 --> 01:19:36,559
Speaker 29: bank economists were sitting at twenty five, maybe one at fifty.

1579
01:19:36,720 --> 01:19:39,960
Speaker 29: The last week, everyone's gone to fifty last night, but

1580
01:19:40,040 --> 01:19:41,960
Speaker 29: someone on the radio is like, we should go seventy five,

1581
01:19:41,960 --> 01:19:44,000
Speaker 29: And I just worry if that's the direction we go,

1582
01:19:44,040 --> 01:19:46,839
Speaker 29: and then we're all going, wow, everything is completely lost control.

1583
01:19:47,200 --> 01:19:50,519
Speaker 29: If the Reserve Bank does fifty or anything more, it's

1584
01:19:50,520 --> 01:19:52,679
Speaker 29: sort of as saying that it has already lost control

1585
01:19:52,720 --> 01:19:54,640
Speaker 29: of things and it's behind the eight ball. So I

1586
01:19:54,680 --> 01:19:57,280
Speaker 29: think that's why I think twenty five than fifty would

1587
01:19:57,320 --> 01:19:59,800
Speaker 29: be more considered. It's probably time for fifty. But that's

1588
01:19:59,840 --> 01:20:01,160
Speaker 29: not what they said last time.

1589
01:20:01,200 --> 01:20:04,160
Speaker 2: But why why if we are within the band, shouldn't

1590
01:20:04,160 --> 01:20:05,840
Speaker 2: the Reserve Bank cut to a neutral rate.

1591
01:20:06,760 --> 01:20:09,000
Speaker 29: But this is also the argument though, right for last

1592
01:20:09,000 --> 01:20:11,080
Speaker 29: time and the time before then, they've said, look, you know,

1593
01:20:11,360 --> 01:20:13,519
Speaker 29: look at the pretty pictures and you'll see what we

1594
01:20:13,600 --> 01:20:15,519
Speaker 29: were thinking. And that's pretty hard to look through. I

1595
01:20:15,520 --> 01:20:17,559
Speaker 29: think that this is the worry, though, Jack, you know,

1596
01:20:17,600 --> 01:20:19,519
Speaker 29: and I'll try and keep the short. The worry for

1597
01:20:19,640 --> 01:20:22,559
Speaker 29: me is that in a sense, I'd definitely be picking

1598
01:20:22,640 --> 01:20:25,559
Speaker 29: much larger cuts, but I worry that at what point

1599
01:20:25,640 --> 01:20:27,519
Speaker 29: then do we go, Well, the Reserve Bank said something,

1600
01:20:27,560 --> 01:20:29,519
Speaker 29: and we almost have to imply that they'll do the

1601
01:20:29,560 --> 01:20:32,680
Speaker 29: exact opposite the next time, so that all factors in.

1602
01:20:32,960 --> 01:20:33,519
Speaker 6: You could read the.

1603
01:20:33,600 --> 01:20:36,360
Speaker 29: Data anyway you want, fifty or twenty five, both very

1604
01:20:36,400 --> 01:20:37,559
Speaker 29: live options on the table.

1605
01:20:37,640 --> 01:20:40,400
Speaker 2: Very good. Thanks for your time and expertise has ever

1606
01:20:40,439 --> 01:20:42,920
Speaker 2: Brad brad Olsen in for Metrics Principal Economists. They are

1607
01:20:42,920 --> 01:20:44,280
Speaker 2: twenty three Part six.

1608
01:20:45,040 --> 01:20:48,639
Speaker 1: Crunching the numbers and getting the results is Jack Team

1609
01:20:48,960 --> 01:20:52,599
Speaker 1: with the Business Hour thanks to my HR the HR

1610
01:20:52,680 --> 01:20:55,760
Speaker 1: solution for busy s Emmys on news Talks.

1611
01:20:55,760 --> 01:20:58,160
Speaker 2: We six PAS nine on newstalks 'db host of the

1612
01:20:58,200 --> 01:21:00,960
Speaker 2: Country Jamie McKay is where US and amy ZESPRI is

1613
01:21:01,000 --> 01:21:03,759
Speaker 2: doubling down on its efforts to convince its New Zealand

1614
01:21:03,840 --> 01:21:06,840
Speaker 2: growers of the value of greater Northern Hemisphere supply.

1615
01:21:07,800 --> 01:21:09,760
Speaker 5: Yeah. Well, they want to keep the shelves and the

1616
01:21:09,800 --> 01:21:12,880
Speaker 5: supermarkets full, Jack, good afternoon or good evening, by the way,

1617
01:21:13,760 --> 01:21:16,920
Speaker 5: a full for twelve months of the year. So what

1618
01:21:16,920 --> 01:21:18,960
Speaker 5: they're going They've gone to their growers and they've asked

1619
01:21:19,000 --> 01:21:22,160
Speaker 5: them to consider up to licensing up to four hundred

1620
01:21:22,160 --> 01:21:25,400
Speaker 5: and twenty additional hectares per year over six years, all

1621
01:21:25,479 --> 01:21:28,040
Speaker 5: up about two and a half thousand hectares to try

1622
01:21:28,080 --> 01:21:32,519
Speaker 5: and fill that off season production lack lag if you want.

1623
01:21:32,760 --> 01:21:34,439
Speaker 5: Here in New Zealand, they had to crack a couple

1624
01:21:34,479 --> 01:21:38,200
Speaker 5: of years ago to try and get ten thousand hectares

1625
01:21:38,240 --> 01:21:42,400
Speaker 5: of Northern Hemisphere supply or orchard plantings, but it missed out.

1626
01:21:42,640 --> 01:21:45,960
Speaker 5: They need a seventy five percent threshold or approval to

1627
01:21:45,960 --> 01:21:49,120
Speaker 5: get it past. The goalie only got just under seventy.

1628
01:21:49,200 --> 01:21:52,519
Speaker 5: So the current proposal Jack is down size to two

1629
01:21:52,560 --> 01:21:55,880
Speaker 5: and a half thousand hectares mainly in Italy, France, Japan,

1630
01:21:56,000 --> 01:21:59,040
Speaker 5: Korea Grease half it'll be planted and Italy is sun

1631
01:21:59,040 --> 01:22:02,840
Speaker 5: Gold Grease interestingly, is right into the Kiwi fruit green.

1632
01:22:03,520 --> 01:22:06,800
Speaker 5: That'll help the supply there. Italy is the jewel in

1633
01:22:06,840 --> 01:22:08,840
Speaker 5: the company's crown, and believe it or not, they've had

1634
01:22:08,840 --> 01:22:13,240
Speaker 5: strong growers over there for over twenty years now. The

1635
01:22:13,280 --> 01:22:16,200
Speaker 5: problem for Zesbury or Zesbury Growers is if they don't

1636
01:22:16,240 --> 01:22:19,639
Speaker 5: accept this, there will be plenty of out of season

1637
01:22:19,800 --> 01:22:24,160
Speaker 5: suppliers in the Northern Hemisphere. Out of our season suppliers

1638
01:22:24,200 --> 01:22:27,240
Speaker 5: and the enormous hemisphere who would be very happy to

1639
01:22:27,280 --> 01:22:29,800
Speaker 5: fill those supermarket shells. So I think they've got to

1640
01:22:29,840 --> 01:22:32,320
Speaker 5: go with it. At least they control it, unlike what's

1641
01:22:32,360 --> 01:22:33,200
Speaker 5: happening in China.

1642
01:22:33,400 --> 01:22:37,320
Speaker 2: Yeah right, Jamie. No, Fonterra Pharma shareholders have decided to

1643
01:22:37,320 --> 01:22:39,719
Speaker 2: go through with the non assessment process for the Fontira

1644
01:22:39,800 --> 01:22:40,559
Speaker 2: direct is election.

1645
01:22:41,360 --> 01:22:43,880
Speaker 5: Jack. At times, I've been a bit critical of Fonterra

1646
01:22:44,000 --> 01:22:47,240
Speaker 5: and and the selection around the board because it's kind

1647
01:22:47,240 --> 01:22:50,240
Speaker 5: of like big Brother. They assess all the candidates and

1648
01:22:50,240 --> 01:22:52,000
Speaker 5: if they don't give you the tick of approval, you

1649
01:22:52,000 --> 01:22:54,680
Speaker 5: haven't got a dog show. But unfortunately, if you were

1650
01:22:54,720 --> 01:22:57,240
Speaker 5: a would be candidate and none have put their hands

1651
01:22:57,360 --> 01:22:59,880
Speaker 5: up this year, you would have been up against John Nichols.

1652
01:23:00,000 --> 01:23:02,000
Speaker 5: I don't really know much about John Nichols, but I

1653
01:23:02,040 --> 01:23:05,959
Speaker 5: know plenty about the other candidate, the director standing for reelection,

1654
01:23:06,080 --> 01:23:09,800
Speaker 5: Peter McBride. He's the chairman along with Miles Hurrell. He

1655
01:23:09,840 --> 01:23:12,760
Speaker 5: has turned the good ships on tra around, so that

1656
01:23:12,840 --> 01:23:15,320
Speaker 5: will be an absolute shoe on. So there you go.

1657
01:23:15,439 --> 01:23:17,440
Speaker 5: No changes around the board.

1658
01:23:19,320 --> 01:23:21,519
Speaker 2: Oh very good, Jamie, Thank you very much, sir. That

1659
01:23:21,640 --> 01:23:25,200
Speaker 2: is host of the Country Jamie McKay before seven o'clock

1660
01:23:25,240 --> 01:23:28,120
Speaker 2: on Newstalks EDB. We're going to take a closer look

1661
01:23:28,120 --> 01:23:31,000
Speaker 2: at why banks are still being so conservative with lending

1662
01:23:31,160 --> 01:23:33,880
Speaker 2: stress testing at nine percent when interest rates are coming down.

1663
01:23:34,320 --> 01:23:35,960
Speaker 2: It's almost like thirty. Their news is next to you

1664
01:23:36,000 --> 01:23:37,400
Speaker 2: with Jack tam on newstorgs B.

1665
01:23:43,320 --> 01:23:47,120
Speaker 1: Whether it's Macro micro or just playing economics, it's all

1666
01:23:47,200 --> 01:23:50,720
Speaker 1: on the Business Hour with Jack team and my HR.

1667
01:23:51,080 --> 01:24:02,320
Speaker 1: The HR solution for busy SMEs NEWSTALKSBEE.

1668
01:24:02,360 --> 01:24:05,360
Speaker 9: You can see it's stand these.

1669
01:24:08,800 --> 01:24:12,639
Speaker 2: If you're looking for a challenge, I would say warmer climbs,

1670
01:24:12,680 --> 01:24:15,879
Speaker 2: but I don't think that Tasmania really is warmer climes

1671
01:24:15,920 --> 01:24:20,880
Speaker 2: comparable climbs. Tasmania's largest farm is back on the market.

1672
01:24:21,200 --> 01:24:24,560
Speaker 2: They're expecting offers of more than one hundred million Australian

1673
01:24:24,560 --> 01:24:27,439
Speaker 2: dollars about one hundred and ten million. New Zealand Rushi

1674
01:24:27,560 --> 01:24:32,479
Speaker 2: Lagoon you if Ozzie's absolutely nailed the names. A Rushi

1675
01:24:32,560 --> 01:24:35,800
Speaker 2: Lagoon is the sprawling twenty two thousand hectare property. It's

1676
01:24:35,840 --> 01:24:39,280
Speaker 2: in the northeastern tip of Tasmania anyway. It's up for

1677
01:24:39,280 --> 01:24:40,559
Speaker 2: sale right now. So if you're going to call one

1678
01:24:40,600 --> 01:24:42,719
Speaker 2: hundred and ten million looking for a lifestyle change. Rushi

1679
01:24:42,800 --> 01:24:45,559
Speaker 2: Lagoon could be for you. Twenty three to seven, Jack

1680
01:24:45,640 --> 01:24:49,120
Speaker 2: Team and banks are still stress testing mortgage applicants at

1681
01:24:49,160 --> 01:24:53,000
Speaker 2: rates at eight point seven percent almost nine percent, as

1682
01:24:53,040 --> 01:24:57,439
Speaker 2: borrowers hope for another interest rate reprieve after that OCR

1683
01:24:57,479 --> 01:24:59,920
Speaker 2: announcement tomorrow. So one year mortgage rates have dropped to

1684
01:24:59,920 --> 01:25:02,759
Speaker 2: a about six point three percent. They peaked at seven

1685
01:25:02,800 --> 01:25:05,200
Speaker 2: point three percent back in January, so they've lost a

1686
01:25:05,240 --> 01:25:08,760
Speaker 2: four percent over the last eight or nine months. A

1687
01:25:08,840 --> 01:25:11,000
Speaker 2: and ZB and z k WE bank stress testing home

1688
01:25:11,040 --> 01:25:13,320
Speaker 2: buyers at eight point five percent. West Pack at ASP

1689
01:25:13,439 --> 01:25:15,479
Speaker 2: is slightly higher at eight point six five eight point

1690
01:25:15,560 --> 01:25:19,120
Speaker 2: seven respectively. Lee Hodgits is the national manager at the

1691
01:25:19,200 --> 01:25:22,280
Speaker 2: Finance and Bocage Advisors Association and it is with us

1692
01:25:22,280 --> 01:25:22,679
Speaker 2: this evening.

1693
01:25:22,720 --> 01:25:26,120
Speaker 30: Get a Lee, Hi, Jack, Are you going very well?

1694
01:25:26,160 --> 01:25:29,160
Speaker 2: Thanks? Why are they stress testing homeowners at almost nine

1695
01:25:29,160 --> 01:25:31,599
Speaker 2: percent when everyone reckons the OCR is coming down.

1696
01:25:33,200 --> 01:25:35,439
Speaker 30: I guess it's just the formula and the policy that

1697
01:25:35,880 --> 01:25:38,840
Speaker 30: each bank have, and they are all different. There is

1698
01:25:38,840 --> 01:25:41,680
Speaker 30: no flat sort of stress tests or a buffer rate

1699
01:25:42,120 --> 01:25:45,360
Speaker 30: that they add to say the variable loan rate. Here,

1700
01:25:46,360 --> 01:25:48,320
Speaker 30: I'll just take a step back. In Australia, if you're

1701
01:25:48,360 --> 01:25:51,280
Speaker 30: interest rate is eight percent, they'll add on three percent

1702
01:25:51,400 --> 01:25:54,160
Speaker 30: and you'll get tested at eleven percent and all the

1703
01:25:54,160 --> 01:25:57,040
Speaker 30: banks follow that. It's a regulated thing. So thank goodness

1704
01:25:57,040 --> 01:25:59,479
Speaker 30: we're not. We don't do that because we would be

1705
01:25:59,520 --> 01:26:02,960
Speaker 30: in a worsen a much more tricky position to get

1706
01:26:03,000 --> 01:26:05,599
Speaker 30: finance here in New Zealand. So all the banks, all

1707
01:26:05,600 --> 01:26:10,120
Speaker 30: the lenders do have different formulas how they come up

1708
01:26:10,160 --> 01:26:13,680
Speaker 30: with the stress testing a percentage, but a lot of

1709
01:26:13,720 --> 01:26:16,160
Speaker 30: it it could be between you know, two and three percent,

1710
01:26:16,479 --> 01:26:20,080
Speaker 30: but we're seeing that to be lower. Importantly, it's not

1711
01:26:20,200 --> 01:26:23,320
Speaker 30: against the fixed straight so yeah, we've seen some really

1712
01:26:23,320 --> 01:26:25,800
Speaker 30: good rates coming out for one year down to I

1713
01:26:25,800 --> 01:26:28,240
Speaker 30: think six point three five and a couple of special

1714
01:26:28,320 --> 01:26:31,479
Speaker 30: rates coming out too. But it's tested against the floating

1715
01:26:31,560 --> 01:26:32,840
Speaker 30: rate or the variable rate.

1716
01:26:33,960 --> 01:26:34,160
Speaker 28: Yeah.

1717
01:26:34,200 --> 01:26:36,760
Speaker 30: So that's that's the key here, Jack. If you come

1718
01:26:36,800 --> 01:26:40,920
Speaker 30: off for six months floating rate, you go on to

1719
01:26:41,000 --> 01:26:43,040
Speaker 30: that variable rate. So you could go from a six

1720
01:26:43,080 --> 01:26:47,040
Speaker 30: point interst rate and straight up to like an eight percentage.

1721
01:26:47,040 --> 01:26:50,640
Speaker 30: That's where things were heading, but hopefully we're moving downwards.

1722
01:26:50,680 --> 01:26:53,080
Speaker 30: But the key is it's against the floating rate.

1723
01:26:53,320 --> 01:26:57,080
Speaker 2: Yeah, right, So to what extent do the banks when

1724
01:26:57,120 --> 01:27:00,599
Speaker 2: they are making these considerations, to what extent did they

1725
01:27:00,640 --> 01:27:03,960
Speaker 2: involve their forecasts? So if banks are expecting interest rate

1726
01:27:04,000 --> 01:27:06,559
Speaker 2: cuts and a cut to the OCR, do they take

1727
01:27:06,600 --> 01:27:07,719
Speaker 2: that as part of their equation.

1728
01:27:08,640 --> 01:27:11,400
Speaker 30: Yeah, absolutely absolutely, And look I've spoken to a couple

1729
01:27:11,479 --> 01:27:13,120
Speaker 30: of the banks today just to get a bit of

1730
01:27:13,120 --> 01:27:17,240
Speaker 30: a understanding, a deeper understanding, I guess, and they all

1731
01:27:17,280 --> 01:27:20,360
Speaker 30: operate quite differently, but they do take in the OCR rates,

1732
01:27:20,400 --> 01:27:24,519
Speaker 30: so look at the economic climate, and they'll take a

1733
01:27:24,560 --> 01:27:27,120
Speaker 30: bunch of those factors into place before they set their

1734
01:27:27,439 --> 01:27:30,360
Speaker 30: their servicing rate, which is another word for the test rate.

1735
01:27:31,120 --> 01:27:34,320
Speaker 30: So yeah, so it's not one standard approach, but we

1736
01:27:34,360 --> 01:27:37,519
Speaker 30: don't have that really heavy regime that it's a high

1737
01:27:37,520 --> 01:27:40,000
Speaker 30: it's you know, three percent above the rate. And look

1738
01:27:40,000 --> 01:27:43,200
Speaker 30: as interest rates come down, and we're all expecting that

1739
01:27:43,360 --> 01:27:47,360
Speaker 30: to happen, of course tomorrow, we will see these stress

1740
01:27:47,400 --> 01:27:52,040
Speaker 30: testing or these testing rates come down as well. They

1741
01:27:52,080 --> 01:27:55,000
Speaker 30: came down slightly when we went downer point two five

1742
01:27:55,040 --> 01:27:58,000
Speaker 30: percent in August, and we'll see a little bit of

1743
01:27:58,000 --> 01:28:01,360
Speaker 30: a reduction here, which again will makes it more affordable

1744
01:28:01,800 --> 01:28:03,080
Speaker 30: for borrowers.

1745
01:28:03,479 --> 01:28:06,280
Speaker 2: So I mean, it is easy to grumble a little

1746
01:28:06,320 --> 01:28:08,880
Speaker 2: bit about in stress testing so high, but ultimately it's

1747
01:28:08,960 --> 01:28:12,120
Speaker 2: not just in the bank's interest to stress test their customers, right,

1748
01:28:12,160 --> 01:28:14,280
Speaker 2: This is actually in customer's interest as well to a

1749
01:28:14,280 --> 01:28:15,000
Speaker 2: certain extent.

1750
01:28:15,880 --> 01:28:19,599
Speaker 30: Yeah, and also to the consumer because if you if

1751
01:28:19,600 --> 01:28:21,800
Speaker 30: you go into a home loan, and it's usually a

1752
01:28:21,880 --> 01:28:24,680
Speaker 30: chunk of money you're borrowing from a bank, you want

1753
01:28:24,720 --> 01:28:26,559
Speaker 30: to make sure that you've got that buffer there so

1754
01:28:26,600 --> 01:28:29,200
Speaker 30: if interest rates do go up, you can afford to

1755
01:28:29,280 --> 01:28:32,200
Speaker 30: keep keep the loan, and that's the real key part.

1756
01:28:32,200 --> 01:28:35,400
Speaker 30: So it's protecting the consumer as well. So it's a

1757
01:28:35,439 --> 01:28:36,320
Speaker 30: bit of an all round time.

1758
01:28:36,400 --> 01:28:39,320
Speaker 2: I mean, it's like it's like the old subprime mortgage crisis, right,

1759
01:28:39,360 --> 01:28:41,599
Speaker 2: like if consumer if you can just go and sell

1760
01:28:41,640 --> 01:28:44,160
Speaker 2: any old mortgage rate to consumers and they don't necessarily

1761
01:28:44,240 --> 01:28:47,080
Speaker 2: understand the implications and they end up facing a much

1762
01:28:47,360 --> 01:28:50,559
Speaker 2: steeper interest rate than they were perhaps initially expecting, then

1763
01:28:50,720 --> 01:28:52,800
Speaker 2: that obviously isn't in their interests.

1764
01:28:53,040 --> 01:28:53,559
Speaker 4: That's right.

1765
01:28:53,640 --> 01:28:56,080
Speaker 30: That's right. So, yes, the banks makes some money out

1766
01:28:56,120 --> 01:28:57,600
Speaker 30: of it, and we all know that they make a

1767
01:28:57,640 --> 01:29:00,479
Speaker 30: lot of money, but we also want to protects and

1768
01:29:00,560 --> 01:29:04,200
Speaker 30: make sure that we can afford our home loans. I've

1769
01:29:04,200 --> 01:29:06,120
Speaker 30: got one coming off a fixed straight soon, so I'm

1770
01:29:06,160 --> 01:29:09,920
Speaker 30: looking eagerly at what's happening now on these these and

1771
01:29:09,960 --> 01:29:13,160
Speaker 30: again twelve one year, two years is what most people

1772
01:29:13,160 --> 01:29:15,840
Speaker 30: are refixing it at the moment. No one's sort of

1773
01:29:15,920 --> 01:29:18,280
Speaker 30: going any out further than that. These are consumers that

1774
01:29:18,320 --> 01:29:21,360
Speaker 30: are looking at refined or refixing their lines because there's

1775
01:29:21,360 --> 01:29:24,120
Speaker 30: that expectation that the rates will go down, and we're

1776
01:29:24,120 --> 01:29:27,360
Speaker 30: seeing those reductions in rates being factored into so that

1777
01:29:27,520 --> 01:29:30,160
Speaker 30: the twelve months even the two year rates to a

1778
01:29:30,240 --> 01:29:32,120
Speaker 30: degree at the moment, and things are looking good.

1779
01:29:32,439 --> 01:29:34,439
Speaker 2: Yeah what what what do you what sort of feedback

1780
01:29:34,439 --> 01:29:37,479
Speaker 2: of your members getting from customers. But as to the

1781
01:29:37,560 --> 01:29:40,000
Speaker 2: kind of sentiment for people who are looking to get

1782
01:29:40,000 --> 01:29:42,960
Speaker 2: into the property market sometimes soon or preps upgrade their place.

1783
01:29:42,880 --> 01:29:47,400
Speaker 30: Yeah, again, it's another little bit of hope that things

1784
01:29:47,400 --> 01:29:52,880
Speaker 30: will be more affordable. I think it's it's confidence in

1785
01:29:52,920 --> 01:29:55,719
Speaker 30: the market. They can borrow a little bit more money,

1786
01:29:55,760 --> 01:29:58,040
Speaker 30: and they know that interest rates forecast is looking at

1787
01:29:58,040 --> 01:30:02,280
Speaker 30: going down next year again, so it's giving people consumers

1788
01:30:02,320 --> 01:30:05,280
Speaker 30: that confidence to go in. But eyes wide open, and

1789
01:30:05,320 --> 01:30:06,960
Speaker 30: we don't want the rates to go down too quickly.

1790
01:30:07,000 --> 01:30:08,599
Speaker 30: Because then it's a bit of a free for all

1791
01:30:09,240 --> 01:30:11,479
Speaker 30: and we just need to make sure it's a managed reduction,

1792
01:30:11,600 --> 01:30:15,479
Speaker 30: but any reduction, and we're hoping it's point five tomorrow

1793
01:30:15,479 --> 01:30:20,160
Speaker 30: as well, and perhaps another a smaller drop towards November.

1794
01:30:20,360 --> 01:30:22,880
Speaker 2: Yeah, so you're thinking maybe a fifty tomorrow and twenty

1795
01:30:22,960 --> 01:30:23,679
Speaker 2: five in November.

1796
01:30:24,880 --> 01:30:26,840
Speaker 30: Yes, that could be wishful thinking, but that's sort of

1797
01:30:26,840 --> 01:30:29,439
Speaker 30: what we'd like to see. Definitely point five tomorrow, I

1798
01:30:29,439 --> 01:30:31,880
Speaker 30: think that will. It takes about, you know, twelve to

1799
01:30:31,960 --> 01:30:35,880
Speaker 30: eighteen months to see the effects of interstrate drops, you know,

1800
01:30:35,920 --> 01:30:37,760
Speaker 30: in the economy, so it takes a little while to

1801
01:30:38,360 --> 01:30:42,000
Speaker 30: see the outcomes of the disinterest rate drops on spending

1802
01:30:42,040 --> 01:30:46,559
Speaker 30: habits and the comfort with the consumers. So yeah, the standard,

1803
01:30:46,400 --> 01:30:49,120
Speaker 30: we start reducing it at a good rate and then

1804
01:30:49,520 --> 01:30:51,160
Speaker 30: we'll have a better year in twenty twenty five.

1805
01:30:51,360 --> 01:30:53,759
Speaker 2: Yeah, that's a significant lag a twelve to eighteen months

1806
01:30:53,760 --> 01:30:56,760
Speaker 2: and easy, you know, to forget that. Not everyone is

1807
01:30:57,240 --> 01:31:00,920
Speaker 2: fixing their mortgage or refixing their MOREGA the day after

1808
01:31:01,000 --> 01:31:03,920
Speaker 2: the o CR announcement. We actually have to wait quite

1809
01:31:03,960 --> 01:31:07,800
Speaker 2: until you're coming off a fixed period. But yeah, have

1810
01:31:07,920 --> 01:31:10,840
Speaker 2: you noticed the difference though, because people were fixing for

1811
01:31:10,960 --> 01:31:15,080
Speaker 2: longer periods generally on the way up, is does the

1812
01:31:15,160 --> 01:31:17,559
Speaker 2: lag change on the way down when people are generally

1813
01:31:17,600 --> 01:31:19,080
Speaker 2: fixing for shorter periods.

1814
01:31:19,640 --> 01:31:21,920
Speaker 30: Yeah, yeah, we are seeing that. So we're seeing i

1815
01:31:22,000 --> 01:31:24,639
Speaker 30: mean even six months. It's not there's a few, quite

1816
01:31:24,640 --> 01:31:26,519
Speaker 30: a few people going in on a six month rate

1817
01:31:26,560 --> 01:31:28,519
Speaker 30: because we know that, you know, within the next six

1818
01:31:28,560 --> 01:31:30,160
Speaker 30: months we'll see you.

1819
01:31:30,120 --> 01:31:31,560
Speaker 4: Know, further reductions.

1820
01:31:31,600 --> 01:31:34,280
Speaker 30: But people want that security of what their loan repayment's

1821
01:31:34,320 --> 01:31:37,320
Speaker 30: going to be for in the near future. So we

1822
01:31:37,400 --> 01:31:40,640
Speaker 30: are seeing six months, twelve months, and there are some

1823
01:31:40,720 --> 01:31:43,080
Speaker 30: people going in two years because we know that the

1824
01:31:43,160 --> 01:31:46,040
Speaker 30: rates will go down further, but that it's been factored

1825
01:31:46,040 --> 01:31:48,200
Speaker 30: in a little bit, sort of like five point sixty

1826
01:31:48,280 --> 01:31:51,640
Speaker 30: nine the figure I'm looking at at the moment for

1827
01:31:51,640 --> 01:31:55,400
Speaker 30: a two year fixed rate. So therefore, you know, that's

1828
01:31:55,439 --> 01:31:58,080
Speaker 30: already been priced in, and it would give someone some

1829
01:31:58,120 --> 01:32:00,000
Speaker 30: comfort that they could, you know, if they were locking

1830
01:32:00,040 --> 01:32:02,519
Speaker 30: in now if their loan is due to be refixed,

1831
01:32:02,520 --> 01:32:05,040
Speaker 30: now that it's two years of what is a reasonably

1832
01:32:05,040 --> 01:32:07,000
Speaker 30: good rate compared to what we've had in the last

1833
01:32:07,240 --> 01:32:07,720
Speaker 30: four years.

1834
01:32:07,720 --> 01:32:11,920
Speaker 2: So for example, yeah, right, that, Yeah, that seems seems

1835
01:32:11,960 --> 01:32:13,200
Speaker 2: to make a lot of sense. So you see it

1836
01:32:13,200 --> 01:32:16,120
Speaker 2: at twelve to eighteen months for the lag to be

1837
01:32:16,280 --> 01:32:19,040
Speaker 2: fully felt throughout the economy. But given the kind of

1838
01:32:19,080 --> 01:32:21,800
Speaker 2: pent up demand in the housing market, are you expecting

1839
01:32:22,240 --> 01:32:24,439
Speaker 2: a bounce back that perhaps comes a little faster.

1840
01:32:26,200 --> 01:32:29,040
Speaker 30: Yeah, And look that the inquiries have certainly ramped up

1841
01:32:29,400 --> 01:32:33,439
Speaker 30: with our members. I've spoken to a lot actually over

1842
01:32:33,479 --> 01:32:36,960
Speaker 30: the last couple of weeks about this, and inquiries have

1843
01:32:37,040 --> 01:32:39,400
Speaker 30: picked up. I think there's more property on the market

1844
01:32:39,600 --> 01:32:43,720
Speaker 30: and people are getting pre approvals again. Some banks are

1845
01:32:43,720 --> 01:32:47,080
Speaker 30: doing pre approvals more readily than they were before. But

1846
01:32:47,120 --> 01:32:49,080
Speaker 30: we should see some good activity as long as it's

1847
01:32:49,120 --> 01:32:51,599
Speaker 30: manageable and you know, the turnaround times and the banks

1848
01:32:51,600 --> 01:32:54,800
Speaker 30: can or with the volume increase, we've got to make

1849
01:32:54,840 --> 01:33:00,800
Speaker 30: sure that the banks can manage with servicing the knowl Yeah, everybody.

1850
01:33:00,880 --> 01:33:03,720
Speaker 30: And that's also mortgage advisors. You know, we've got a

1851
01:33:03,760 --> 01:33:06,439
Speaker 30: lot of people out there that introduce lines to the banks,

1852
01:33:06,439 --> 01:33:09,920
Speaker 30: are giving good advice to consumers and the customers out there,

1853
01:33:10,439 --> 01:33:12,360
Speaker 30: So it's all going to be managed well. I think

1854
01:33:12,400 --> 01:33:13,599
Speaker 30: that's the key to it as well.

1855
01:33:13,760 --> 01:33:16,120
Speaker 2: Yeah, Hey, thank you so much, Lee, really appreciate it.

1856
01:33:16,439 --> 01:33:19,519
Speaker 2: That is the manager of the Finance and Mortgage Devisors

1857
01:33:19,560 --> 01:33:22,840
Speaker 2: Association of New Zealand, Lee Hodgetts. I'll get to more

1858
01:33:22,840 --> 01:33:24,400
Speaker 2: of your feedback in a couple of minutes and we're

1859
01:33:24,439 --> 01:33:27,360
Speaker 2: taking you to UK and Europe. Next call it to seven.

1860
01:33:27,479 --> 01:33:29,200
Speaker 2: You're with jacktam on Newstalks EDB.

1861
01:33:29,880 --> 01:33:33,439
Speaker 1: Everything from SMEs sort of big corporates, The Business Hour

1862
01:33:33,680 --> 01:33:37,240
Speaker 1: with Jack Team and my HR the HR Solution for

1863
01:33:37,320 --> 01:33:40,080
Speaker 1: Busy SMS on Newstalks.

1864
01:33:39,560 --> 01:33:43,040
Speaker 2: EDB, Tom seven Non newstorgs EDB, UK correspondent in the

1865
01:33:43,080 --> 01:33:44,200
Speaker 2: Brady's with us high Ender.

1866
01:33:45,040 --> 01:33:47,040
Speaker 20: Hey Jack, good to speak to you, Agam you too.

1867
01:33:47,160 --> 01:33:50,680
Speaker 2: So who is now the second most powerful person in

1868
01:33:50,720 --> 01:33:51,679
Speaker 2: the UK government.

1869
01:33:52,560 --> 01:33:54,960
Speaker 20: Well, you'll never have heard of this fellow, and unless

1870
01:33:54,960 --> 01:33:58,680
Speaker 20: you're a major political geek focusing on the UK. He's

1871
01:33:58,720 --> 01:34:01,439
Speaker 20: actually Irish Morgan Sweeney is his name. He's from a

1872
01:34:01,439 --> 01:34:05,040
Speaker 20: town called mccroome in County Cork and he has just

1873
01:34:05,120 --> 01:34:07,960
Speaker 20: been made Chief of Staff in Number ten Downing Street

1874
01:34:08,040 --> 01:34:11,120
Speaker 20: by Keir Starmer. So it's clear there's been a power

1875
01:34:11,160 --> 01:34:13,639
Speaker 20: battle for the past one hundred odd days that Labor

1876
01:34:13,680 --> 01:34:18,000
Speaker 20: have been in power between one faction led by McSweeney,

1877
01:34:18,080 --> 01:34:21,320
Speaker 20: who was the strategist who oversaw the election victory and

1878
01:34:21,360 --> 01:34:23,680
Speaker 20: a woman called Sue Gray who was the chief of

1879
01:34:23,720 --> 01:34:27,240
Speaker 20: the Civil Service, and Starmer recruited her, got her into

1880
01:34:27,240 --> 01:34:29,600
Speaker 20: the Labor Party eighteen months ago with a view to

1881
01:34:29,680 --> 01:34:32,920
Speaker 20: basically imparting all of her knowledge about how the civil

1882
01:34:32,960 --> 01:34:36,160
Speaker 20: service works so Labor could get ready for government. There's

1883
01:34:36,200 --> 01:34:39,880
Speaker 20: been a series of let's call the missteps by Starmer's

1884
01:34:39,880 --> 01:34:42,200
Speaker 20: government since they've been in power, and I think she

1885
01:34:42,320 --> 01:34:46,320
Speaker 20: has fallen on her sword, and ultimately Morgan MacSweeney is

1886
01:34:46,360 --> 01:34:49,000
Speaker 20: now running the show at number ten. It needs to improve.

1887
01:34:49,280 --> 01:34:51,479
Speaker 2: Yeah, So is it going to be enough to turn

1888
01:34:51,520 --> 01:34:53,120
Speaker 2: things around for Kostama? Do you think?

1889
01:34:54,120 --> 01:34:54,360
Speaker 3: Yeah?

1890
01:34:54,400 --> 01:34:57,000
Speaker 20: Look, I think Look, it's early days and he has

1891
01:34:57,080 --> 01:35:00,840
Speaker 20: inherited a broken country. I mean literally, from the potholes

1892
01:35:00,840 --> 01:35:03,479
Speaker 20: in the roads we drive on to the National Health

1893
01:35:03,520 --> 01:35:06,639
Speaker 20: Service for seven million people are still waiting for treatment.

1894
01:35:07,120 --> 01:35:09,719
Speaker 20: Everything is broken. There is no money to fix anything.

1895
01:35:10,000 --> 01:35:13,080
Speaker 20: But what he needs to sharpen up on is internal discipline.

1896
01:35:13,320 --> 01:35:15,599
Speaker 20: You know, all these leaks coming out of Downing Street

1897
01:35:15,680 --> 01:35:18,880
Speaker 20: about the fact that Sue Gray was earning more than starmars.

1898
01:35:18,880 --> 01:35:20,920
Speaker 20: So she was the advisor and he's the Prime Minister

1899
01:35:20,960 --> 01:35:23,439
Speaker 20: and she was on six k year more just didn't

1900
01:35:23,439 --> 01:35:26,639
Speaker 20: make any sense. So they need to start getting into line.

1901
01:35:26,840 --> 01:35:30,000
Speaker 20: And you know, successful government's work when one person is

1902
01:35:30,000 --> 01:35:32,840
Speaker 20: making the decisions and everyone is on board with that,

1903
01:35:33,360 --> 01:35:36,120
Speaker 20: and clearly that has not been happening for some time here.

1904
01:35:36,600 --> 01:35:39,519
Speaker 2: Yeah, it's interesting, how I mean. So it's like you said,

1905
01:35:39,520 --> 01:35:42,559
Speaker 2: these are not necessarily household names, although they fast becoming

1906
01:35:42,720 --> 01:35:45,559
Speaker 2: in the UK. But chief of staff is absolutely vital

1907
01:35:45,600 --> 01:35:48,559
Speaker 2: and given Sue Gray's experience, you know, many will have

1908
01:35:48,600 --> 01:35:50,840
Speaker 2: been surprised to see these kind of tensions. Now an

1909
01:35:50,880 --> 01:35:54,040
Speaker 2: Irish politician has been caught spying for Rassia and yet

1910
01:35:54,120 --> 01:35:55,240
Speaker 2: he is still in parliament.

1911
01:35:56,160 --> 01:35:59,439
Speaker 20: You could not make this up, but he is still

1912
01:35:59,520 --> 01:36:03,120
Speaker 20: sitting in Parliament and everyone's asking who is this Irish

1913
01:36:03,120 --> 01:36:07,800
Speaker 20: politician caught spying for Russia? And what's happened basically is

1914
01:36:08,400 --> 01:36:11,800
Speaker 20: an actual spy from the Russian embassy has been seen

1915
01:36:11,840 --> 01:36:16,280
Speaker 20: in conversation with this person and observed by the Irish police,

1916
01:36:16,320 --> 01:36:19,960
Speaker 20: by the military, by intelligence, all carrying out surveillance work.

1917
01:36:20,360 --> 01:36:22,800
Speaker 20: And the feeling is that it was not money that

1918
01:36:22,920 --> 01:36:26,479
Speaker 20: was being offered, but it was access to a Russian woman,

1919
01:36:26,680 --> 01:36:31,000
Speaker 20: shall we say, in return for the Russians wanting introductions

1920
01:36:31,040 --> 01:36:35,160
Speaker 20: to paramilitaries. We still have terrorists, although they're not killing

1921
01:36:35,160 --> 01:36:37,400
Speaker 20: each other or anyone else, they still are around and

1922
01:36:37,439 --> 01:36:40,639
Speaker 20: they still have weapons in the North of Ireland. So

1923
01:36:40,920 --> 01:36:43,360
Speaker 20: this was a couple of years ago that the meetings

1924
01:36:43,360 --> 01:36:47,400
Speaker 20: were filmed and observed and basically the Russians I think

1925
01:36:47,439 --> 01:36:50,280
Speaker 20: were trying to stir up trouble in the North of Ireland.

1926
01:36:50,360 --> 01:36:53,760
Speaker 20: It was peak bregsit negotiation time. There was talk of

1927
01:36:53,800 --> 01:36:56,840
Speaker 20: a border down the Irish Sea, and obviously the six

1928
01:36:56,920 --> 01:36:59,519
Speaker 20: counties in the North of Ireland are currently still part

1929
01:36:59,520 --> 01:37:02,839
Speaker 20: of the United Kingdom and that was where the Russians

1930
01:37:02,840 --> 01:37:07,719
Speaker 20: thought they could foment public unrest by you know, having

1931
01:37:07,760 --> 01:37:11,920
Speaker 20: access to these paramilitary So this guy was prepared to

1932
01:37:11,960 --> 01:37:15,280
Speaker 20: effectively sell his country down to Swanee in return for sex.

1933
01:37:15,520 --> 01:37:15,960
Speaker 6: Wow.

1934
01:37:16,160 --> 01:37:21,680
Speaker 2: Yeah, probably not the first. That case, Sadley and Hi,

1935
01:37:21,760 --> 01:37:25,000
Speaker 2: the weagetha Christi libel case is going back to court.

1936
01:37:25,960 --> 01:37:29,280
Speaker 20: Yeah, you couldn't make this up. So the judge repeatedly

1937
01:37:29,320 --> 01:37:33,120
Speaker 20: warned these two women over what was effectively a rout

1938
01:37:33,280 --> 01:37:37,360
Speaker 20: about social media postings. In twenty nineteen. They were repeatedly

1939
01:37:37,400 --> 01:37:40,720
Speaker 20: told that every minute you spend in this court is

1940
01:37:40,800 --> 01:37:43,879
Speaker 20: costing astronomical cash in lawyers.

1941
01:37:44,280 --> 01:37:44,599
Speaker 3: Now.

1942
01:37:44,840 --> 01:37:47,800
Speaker 20: Colleen Rooney is married to Wayne Rooney, the soccer star.

1943
01:37:48,040 --> 01:37:51,719
Speaker 20: She has had a successful TV career herself. Rebecca Vardy

1944
01:37:51,840 --> 01:37:55,320
Speaker 20: is married to the soccer player Jamie Vardy, fellow England

1945
01:37:55,320 --> 01:37:57,960
Speaker 20: player at the time with Rooney, and the two women

1946
01:37:58,080 --> 01:38:00,599
Speaker 20: went at a big time in a libel case at

1947
01:38:00,600 --> 01:38:04,040
Speaker 20: the High Court, which Colleen Rooney effectively won and costs

1948
01:38:04,080 --> 01:38:08,080
Speaker 20: were then awarded against Rebecca Vardy. Why they're back in

1949
01:38:08,120 --> 01:38:10,760
Speaker 20: court is because Vardi has just received the legal bill

1950
01:38:10,840 --> 01:38:15,160
Speaker 20: from Rooney's lawyers and it amounts to three point two

1951
01:38:15,360 --> 01:38:19,920
Speaker 20: mill instead. And Vardy is pointing out the hang on.

1952
01:38:20,120 --> 01:38:23,080
Speaker 20: She's itemized that she looked at there's a hotel in

1953
01:38:23,120 --> 01:38:26,439
Speaker 20: London apparently where lawyers were staying sixteen hundred n z

1954
01:38:26,560 --> 01:38:28,880
Speaker 20: the night. There was mini bar bills, there was sub

1955
01:38:28,960 --> 01:38:32,280
Speaker 20: quote quote substantial meals. You can just imagine the kind

1956
01:38:32,280 --> 01:38:34,759
Speaker 20: of rock star lifestyle some of these lawyers were having

1957
01:38:35,040 --> 01:38:38,559
Speaker 20: all on expenses. Varney's not happening. It's in front of

1958
01:38:38,600 --> 01:38:41,800
Speaker 20: the judge and squat jack. That legal bill just keeps

1959
01:38:41,800 --> 01:38:42,360
Speaker 20: ticking up.

1960
01:38:42,560 --> 01:38:45,519
Speaker 2: Yeah, yeah it does. Hey, thank you so much. Inda

1961
01:38:45,600 --> 01:38:49,400
Speaker 2: appreciate your time in the Brady UK and your correspondent

1962
01:38:49,520 --> 01:38:51,479
Speaker 2: is seven to seven. You ajag time on news talks.

1963
01:38:51,479 --> 01:38:56,000
Speaker 1: He'd whether it's micro micro or just playing economics. It's

1964
01:38:56,080 --> 01:38:59,400
Speaker 1: all on the business with Hitt, Duplicy Ellen and my

1965
01:38:59,560 --> 01:39:02,919
Speaker 1: Ahob the HR platform for sused TALKIP.

1966
01:39:04,720 --> 01:39:07,400
Speaker 2: Well, the All Backs fifteen have been named. They've got

1967
01:39:07,400 --> 01:39:10,679
Speaker 2: to get a slightly unusual itinerary head. So they're playing

1968
01:39:10,720 --> 01:39:14,080
Speaker 2: Georgia and Munster. I was a bit I was a

1969
01:39:14,120 --> 01:39:16,280
Speaker 2: bit rough on Georgia earlier in the show. So and

1970
01:39:16,400 --> 01:39:18,240
Speaker 2: got a couple of texts about as well, those keen

1971
01:39:18,280 --> 01:39:20,559
Speaker 2: George and Rugby fans who are listening who said, actually,

1972
01:39:20,600 --> 01:39:22,360
Speaker 2: you know, the Georgie and Rugby team is a whole

1973
01:39:22,400 --> 01:39:23,920
Speaker 2: lot better than I might be giving them credit for.

1974
01:39:24,080 --> 01:39:25,519
Speaker 2: So we will see when they take on the All

1975
01:39:25,560 --> 01:39:28,400
Speaker 2: Backs fifteen. Anyway, Nick Buley is going to be going

1976
01:39:28,439 --> 01:39:32,479
Speaker 2: through that squad announcement for the All Backs fifteen this evening.

1977
01:39:32,520 --> 01:39:34,920
Speaker 2: He is on Sports Talk taking your calls after seven

1978
01:39:34,920 --> 01:39:38,280
Speaker 2: o'clock this evening as well. That is us though for

1979
01:39:38,360 --> 01:39:40,400
Speaker 2: this afternoon on drive. Thank you very much for your

1980
01:39:40,439 --> 01:39:43,479
Speaker 2: texts and emails and for Kensy and Ando for doing

1981
01:39:43,479 --> 01:39:46,720
Speaker 2: the tough stuff and oh the song to play as

1982
01:39:47,080 --> 01:39:48,680
Speaker 2: after they don't want Your God.

1983
01:39:49,080 --> 01:39:53,080
Speaker 31: A bit of music radio Taylor Swift. Everyone loves Taylor Swift,

1984
01:39:53,160 --> 01:39:55,600
Speaker 31: do they? Yeah, they do. You have to say that

1985
01:39:55,640 --> 01:39:56,599
Speaker 31: if you're in music radio.

1986
01:39:56,720 --> 01:39:57,840
Speaker 2: Yes, Donald Trump doesn't.

1987
01:39:58,200 --> 01:39:59,360
Speaker 31: No, that's true, tweeted out.

1988
01:39:59,360 --> 01:40:01,880
Speaker 2: I hate Taylor, Yeah, everyone else does.

1989
01:40:01,920 --> 01:40:02,080
Speaker 6: Though.

1990
01:40:02,160 --> 01:40:05,240
Speaker 31: He's a fickle little Amanda. She's become the richest female

1991
01:40:05,320 --> 01:40:07,840
Speaker 31: musician in the world. She's worth two point six billion

1992
01:40:07,920 --> 01:40:09,800
Speaker 31: dollars and she said she's going to give it order

1993
01:40:09,800 --> 01:40:10,240
Speaker 31: to fut to.

1994
01:40:10,320 --> 01:40:15,400
Speaker 2: Order, which is great. That'll get about to waterhole.

1995
01:40:15,560 --> 01:40:15,720
Speaker 6: Yeah.

1996
01:40:15,840 --> 01:40:18,160
Speaker 31: Yeah, so we get a new ship and they don't

1997
01:40:18,160 --> 01:40:19,120
Speaker 31: worry about how New Zealand.

1998
01:40:19,160 --> 01:40:21,840
Speaker 2: She's coming very good. We're back tomorrow. Till then, have

1999
01:40:21,960 --> 01:40:22,519
Speaker 2: a great evening.

2000
01:40:27,800 --> 01:40:30,960
Speaker 1: For more from Heather Duplessy Allen Drive, listen live to

2001
01:40:31,080 --> 01:40:34,120
Speaker 1: news Talks. It'd be from four pm weekdays, or follow

2002
01:40:34,160 --> 01:40:35,880
Speaker 1: the podcast on iHeartRadio.