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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 Heather due to see Ellen drive with one

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Speaker 1: New Zealand. Let's get connected and new Stalk said BYRD.

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Speaker 2: And New Zealand. Good afternoon, Welcome to Newstalk's EDB Jack

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Speaker 2: Taman the hot seat four Heather. For the remainder of

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Speaker 2: this week, one hundred thousand people and businesses one hundred

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Speaker 2: thousand customers in Northam were left without power after they've

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Speaker 2: forgot to keep the nuts on when they were upgrading

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Speaker 2: or testing that power pylon. Now Northland's MP says trans

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Speaker 2: Power needs to cough up. We'll give you the details

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Speaker 2: after five o'clock plus. Would you believe this benefits sanctions?

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Speaker 2: So the sanctions put on beneficiaries have increased fifty percent

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Speaker 2: over the last quarter. The Greens are not happy, though

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Speaker 2: they will be with us very shortly. Right now, it

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Speaker 2: is eight minutes past four up Team brain fog, a

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Speaker 2: raspy voice, weakness, confus usion, exhaustion. To be honest, the

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Speaker 2: COVID nineteen symptoms aren't actually too different from how US

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Speaker 2: President Joe Biden presents when he's perfectly healthy, but his

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Speaker 2: diagnosis today could mean an opportunity for the President to

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Speaker 2: step back from his public facing demands for a few days,

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Speaker 2: take stock of the crazy events of the last couple

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Speaker 2: of weeks, and finally finally pull pin on his campaign.

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Speaker 2: Right from the start of that woeful presidential debate performance,

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Speaker 2: I've personally felt that Joe Biden's candidacy is totally untenable.

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Speaker 2: If the Democrats are to have any chance of winning

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Speaker 2: the White House in November, they have to find a

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Speaker 2: way to push him out and unite around a younger,

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Speaker 2: better fresher candidate. News today out of the US is

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Speaker 2: that Senate Majority Leader Chuck Schumer has privately pressured Joe

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Speaker 2: Biden to stand down. Add to that House Minority Leader

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Speaker 2: Hakem Jeffreys who reportedly offered him the same message. That

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Speaker 2: means the two most powerful Democrats in Congress think that

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Speaker 2: their party's chances are not best served in November if

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Speaker 2: Joe Biden is still on the ticket. Personally, I love

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Speaker 2: the idea put forward by Bill Clinton's old advisor James Carvill,

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Speaker 2: he of the It's the Economy's Stupid advice. He reckons

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Speaker 2: that the Democrats should do a series of massive town

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Speaker 2: hall meetings one in the Midwest, one on the south,

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Speaker 2: one on the East coast, and one on the West coast.

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Speaker 2: Take Joe Biden completely out of it. Have Barack Obama

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Speaker 2: and Bill Clinton facilitate the four Big meetings, a handful

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Speaker 2: of potential Democrats competing against each other on stage, broadcast

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Speaker 2: live around the world. Turn it into American idol. But

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Speaker 2: you know, for presidential candidates. The Republican Convention underway right

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Speaker 2: now is giving the Dems a perfect example of how

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Speaker 2: a carefully crafted, made for TV extravaganza can amplify the

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Speaker 2: hype around a candidate. But to get there first, they

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Speaker 2: need Biden to step away. And bad as his COVID

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Speaker 2: nineteen diagnosis might be for Joe, this is probably their

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Speaker 2: single best chance.

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Speaker 3: Team ninety two.

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Speaker 2: Ninety two is the text number if you want to

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Speaker 2: get in touch, if you're gonna put me an email

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Speaker 2: jacket news to what was dB dot co dot nz

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Speaker 2: is the address you need. Ten past four three high

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Speaker 2: schools are defying orders from the Ministry of Education to

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Speaker 2: enroll students that have been expelled from other schools. So

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Speaker 2: in the Ministry has sent two hundred and sixty one

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Speaker 2: letters to schools in the past year legally forcing them

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Speaker 2: to enroll certain students, but three schools are refusing to comply.

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Speaker 2: Now we don't know which schools have refused, only that

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Speaker 2: two of them are in Auckland and one of them

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Speaker 2: is in Wyecuttle. Tim O'Connor is the headmaster of Auckland

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Speaker 2: Grammar and is with us this afternoon. Calder, good afternoon.

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Speaker 2: Let's get this out of the way. It is Auckland

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Speaker 2: Grammar one of those three schools, not on this occasion,

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Speaker 2: on this occasion, it has been in the past.

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Speaker 4: I certainly had discussions with the Ministry about their methodology

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Speaker 4: with directing schools to direct us to take students. Largely

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Speaker 4: they've been in the case of enrollment, people who are trying,

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Speaker 4: to my view or in the school's view at the time,

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Speaker 4: cheap the z own to win a place at the school.

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Speaker 2: Have you ever had occasions when a student who's been

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Speaker 2: expelled from another school, but as legally within your school zone,

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Speaker 2: you didn't want to enroll them.

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Speaker 4: No, I haven't had that sort of scenario. I think

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Speaker 4: one of the critical things for the general public fairware

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Speaker 4: of jack is that the complication for a principle and

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Speaker 4: for a board because this obligation actually lies with the

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Speaker 4: board rather than the principle is that the board has

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Speaker 4: an obligation to create a safe environment for the students

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Speaker 4: in its care. So it becomes a bit of a

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Speaker 4: conflict of interest really when the Ministry is then directing

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Speaker 4: a school or a board to accept a student who

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Speaker 4: has been beamed unsafe typically if they've been expelled or excluded,

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Speaker 4: then it will be for extreme behavior typically, right, and

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Speaker 4: so that student could compromise the safety of the new school.

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Speaker 2: So it's kind of antithetical that on one hand they're

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Speaker 2: getting the Ministry saying you have to enroll the student.

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Speaker 2: On the other hand, regulations as it stands say you

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Speaker 2: have to provide a safe environment for all students.

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Speaker 4: Yeah yeah, right, I can appreciate the position of the school, right.

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Speaker 2: Yeah, yeah, it's very tricky. I mean, these kids have

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Speaker 2: to go somewhere though, right, yes.

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Speaker 4: But what I'd encourage in the first instance is actually

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Speaker 4: the Ministry of Education communicate well with schools, and typically

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Speaker 4: my experiences, they don't. They will simply write you a

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Speaker 4: letter directing you to take a student, and then what happens,

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Speaker 4: of course, is a fight. Figuratively, so if the ministry

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Speaker 4: instead actually came to a school in person, the conversation

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Speaker 4: with the principal, explain what support they would wrap around

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Speaker 4: that student to enable them to experience some form of

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Speaker 4: what have the potential to experience success, Then you might

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Speaker 4: have a way forward. Unfortunately, we've sort of got bureaucracy

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Speaker 4: taking the easy option of just actually writing a letter

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Speaker 4: pumping about not communicating with schools, and so schools get

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Speaker 4: their backs up and say, you're not going to resource

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Speaker 4: us to take a student of high needs?

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Speaker 5: Why will we?

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Speaker 6: Yeah?

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Speaker 2: Yeah, yeah, I can understand how schools might take that position.

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Speaker 2: So what might that support look like? If it's a

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Speaker 2: student who's been expelled from another school, say, and potentially

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Speaker 2: presents a risk to students who are already enrolled in

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Speaker 2: your school, what would appropriate support look like?

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Speaker 4: Well, the whole part, it depends on the situation. Obviously,

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Speaker 4: not every student's going to be a different situation. If

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Speaker 4: it's a drug related matter, then I'd be asking for

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Speaker 4: appropriate testing to have taken place and for that to

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Speaker 4: be funded, for there to be additional support wrapped around

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Speaker 4: them in terms of additional counseling, in fact, specialized counseling,

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Speaker 4: for there to be ongoing drug testing, et cetera, et cetera,

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Speaker 4: and for the ministry to actually pick up those costs

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Speaker 4: so that there is a chance for that student to

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Speaker 4: experience success in the school and for the school not

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Speaker 4: to actually put other students at risk.

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Speaker 2: And your experience, are there occasions when the ministry does

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Speaker 2: do that or does a good job of that, will.

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Speaker 4: You have to push them to go there?

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Speaker 7: Right?

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Speaker 4: And that's the sort of the same thing, really, I

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Speaker 4: think is that the ministry is not there supporting the

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Speaker 4: school as much as it should, and instead, instead of

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Speaker 4: taking the easy option to go we'll make this problem

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Speaker 4: go away. We'll just direct them because we have the

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Speaker 4: power to do that and less instead of the conversation,

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Speaker 4: agree to some appropriate support. And it'll be cheaper to

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Speaker 4: do that than to have a student out of school

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Speaker 4: and then becoming, you know, a truant, someone who is

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Speaker 4: actually going to break the law, et cetera. Accester, Let's

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Speaker 4: put a bit of funding behind them to ensure that

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Speaker 4: they are attending school and that they are supported and

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Speaker 4: maybe experience some success.

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Speaker 2: And so what happens in a worst case scenario, if

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Speaker 2: that's the best case scenario, what happens if a ministry

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Speaker 2: and a school remain in an impasse and can't agree

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Speaker 2: about resourcing a student who the ministry says should be

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Speaker 2: enrolled at that school.

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Speaker 4: What happens then, well, the student has just remained out

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Speaker 4: of school, So what's going to happen. They're going to

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Speaker 4: have time on their hands, and who knows what the

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Speaker 4: home life is like and what sort of support there

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Speaker 4: is there, So it becomes very difficult where the student

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Speaker 4: actually has nowhere to go.

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Speaker 8: There are, of.

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Speaker 4: Course other programs. There is alternative education programs for students

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Speaker 4: who are in extreme situations who need to actually change

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Speaker 4: their behavior, change extreme behavior, and we'd always recommend that

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Speaker 4: that is a short term pathway. Reintegrating a student into

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Speaker 4: school is obviously the best option.

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Speaker 2: Yeah, hey, thank you so much. Tim, really appreciate your

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Speaker 2: time as always. That is to mopon the headmaster of

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Speaker 2: Auckland Grammar. Heaps of feedback coming through. Jack totally agree

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Speaker 2: with you, Totally agree. James Carvell has hit the nail

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Speaker 2: on the head. He's the freaking best. I think this

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Speaker 2: is a great opportunity for the Dems to finally roll

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Speaker 2: Joe Biden, or for Joe Biden to finally hear what

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Speaker 2: all of them are saying. Jack, thank you. The stat

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Speaker 2: about sanctions on beneficiaries going up fifty percent or more

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Speaker 2: than fifty percent is ebsy outstanding. Has made my day,

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Speaker 2: says Adam, Really, Adam, it's made your day ninety two

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Speaker 2: ninety two. If you want to flick us at Tech

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Speaker 2: sixteen past.

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Speaker 1: Four, digging deeper into the day's headlines, it's hither duper

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Speaker 1: c Allen Drive with one New Zealand one giant leap

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Speaker 1: for business US Talk.

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Speaker 2: Said b nineteen past four. You've a Jack Taime on Newstalks.

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Speaker 2: He'd be Jack. I understand the plight of the board

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Speaker 2: for those schools, but honestly, those poor kids being bumped

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Speaker 2: around knowing that no one wants to take them on,

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Speaker 2: it utterly breaks my heart as someone who didn't fit

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Speaker 2: in with the system. Yeah, sort of, there are fairls

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Speaker 2: like there are no winners of the situation, AE, but

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Speaker 2: thank you for that, Jamie, ninety two ninety two. If

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Speaker 2: you want to flick us the message, Darcy wa the

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Speaker 2: Grave is on Sports Talk this evening, and by goodness,

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Speaker 2: State of Origin was a violent affair.

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Speaker 9: Violent. It's one way of putting.

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Speaker 2: It, which is an incredibly bad spiritus.

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Speaker 9: It was a testoster zone, that's what it was, and

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Speaker 9: it spewed out of every pore of all the players

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Speaker 9: on there. Right from the get go. It just started

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Speaker 9: on fire and it didn't stop relentless. The physicality of

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Speaker 9: that game, the intent of the athletes is they basically

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Speaker 9: try and run right through you, not around you or

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Speaker 9: into you, but through over and they carry on. I

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Speaker 9: could not get over at the first forty minutes was exceptional,

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Speaker 9: and of course it was very, very tight. What makes

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Speaker 9: it even better. I used to be a Maroons fan.

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Speaker 9: I lived over there for a while. But the longer

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Speaker 9: it goes on, the less I care about who wins.

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Speaker 9: I just want to see in exchange it doesn't actually

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Speaker 9: bother me who comes out with the lollies at the

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Speaker 9: end of I want to see good rugby league. I

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Speaker 9: want to see hard rugby league. I don't think it

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Speaker 9: needs to be too aggressive. And the handbags at fifty

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Speaker 9: paces is all, but really, yeah, it's kind.

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Speaker 2: Of like an ice hockey, right.

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Speaker 9: They throw their gloves off and yeah, yeah, but the

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Speaker 9: display and toward the end of it, look for New

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Speaker 9: South Wales to do that at some corpus is something

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Speaker 9: else there. The heat in that stadium is extraordinary and

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Speaker 9: we know what the thought processes were around Michael McGuire

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Speaker 9: coaching that new South Welsh team and round me written

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Speaker 9: off and then they came back and absolutely bulldozed Queensland

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Speaker 9: and that second Matt So that's okay, we're back, came

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Speaker 9: for the last We've got it. Uh no you haven't.

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Speaker 9: And the brilliantly named Bradman best player of the day.

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Speaker 9: I think in the park that he looked exceptional.

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Speaker 2: Six debutants named in the all Black side to play

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Speaker 2: and black Black header back as well.

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Speaker 9: Yeah he's back on the open side flank and we

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Speaker 9: have got Ardie Savilla up the boots. But you go

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Speaker 9: back to the debutants, six of them, five of them

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Speaker 9: on the bench. There's three guys on the bench not

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Speaker 9: no Wah has had one test. Then the other two

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Speaker 9: De Groot and Jordi Barrett have had quite a few.

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Speaker 9: But you get to the stage at the game when

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Speaker 9: the Fijians are playing. I don't know what the weather's

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Speaker 9: going to be like in San Diego, hopefully hot like

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Speaker 9: this for Mica desk, so like this Marble desk. We

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Speaker 9: will broadcast on. It'll be a wonderful tight land for

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Speaker 9: them to hard land for them to run on. The

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Speaker 9: Fijians might get up and start going. The All Blacks

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Speaker 9: will try and keep them right in the middle, keep

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Speaker 9: them down and try and grind their way through. But

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Speaker 9: the Fijians start running away and we get to twenty

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Speaker 9: minutes to go, how likely Scott Robertson going to be

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Speaker 9: too empty? His bench with five decents on it. That's

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Speaker 9: a lot of pressure to put onto young guys. Yeah,

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Speaker 9: a lot of pressure. So we expect what I'd expect

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Speaker 9: that the game will start off with the hesson a

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Speaker 9: raw and I'm like Origin, and the All Blacks will

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Speaker 9: try and get out well ahead before they need the substitute.

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Speaker 10: Took it.

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Speaker 9: It is time, Scott Robinson, Maywell and dig go. You

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Speaker 9: know what, You're an All Black now get out there

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Speaker 9: and in your stripes the other fascinating sides of it.

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Speaker 9: And Justin Marshall joins us on the show this evening

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Speaker 9: up after seven o'clock on Sports Talk is Court and

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Speaker 9: I asked him, I said, or Ratima and he goes,

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Speaker 9: I don't care either way, it doesn't bother. So you

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Speaker 9: can tea or whatever. It is anyway, So courtis one test,

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Speaker 9: it's great, the other day amazing, hold them off the bench,

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Speaker 9: no test, So your half back pairing all Blacks has

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Speaker 9: a grand total of one test off the bench to

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Speaker 9: back up. That's more pressure. But you've got Ardie Savia

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Speaker 9: coming out a eight, help out, Damien McKenzie settling, and

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Speaker 9: it's on the outside and yeah there's some interesting course.

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Speaker 9: We'll talk all about it up after seven o'clock with

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Speaker 9: Just marsh.

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Speaker 2: It's it's not going to be the test aster zone

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Speaker 2: that this is right now and who that were before?

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Speaker 2: I love it well.

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Speaker 9: I made another one up on the weekend when things

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Speaker 9: get bad, the stress toss zone and that's any all

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Speaker 9: Black match at home because it's just full of means

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Speaker 9: stressing out, testosster zone, going through the roof, sitting in

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Speaker 9: the same space, a stress toster.

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Speaker 2: Stress tosters are very good, very good. You can see

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Speaker 2: he's a learned man. Twenty three past four on Newstalks,

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Speaker 2: he'd be.

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Speaker 3: Digging deeper into the day's headlines.

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Speaker 1: It's Jack Team on Heather Duple see allan drive with

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Speaker 1: one New Zealand let's get connected news.

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Speaker 2: Talks'd be it's pretty funny watching the Republican National Convention

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Speaker 2: because heaps of Donald Trump supporters have turned up in

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Speaker 2: Milwaukee and they started wearing these little ear patches. So

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Speaker 2: just like you know, Trump had the bandage right when

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Speaker 2: he came out on his right here he came out

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Speaker 2: in a dress or stood before the masses of Milwaukee

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Speaker 2: for the first time the other day. Apparently this good

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Speaker 2: reason that he has such a big bandage on his ear.

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Speaker 2: This is kind of gross, but his doctor said that

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Speaker 2: the bit that he got nicked on in the ear

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Speaker 2: is a part of the ear that apparently bleeds a lot,

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Speaker 2: and so they wanted to make sure he had a

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Speaker 2: really big bandage in case it became kind of weepy. Anyway,

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Speaker 2: that's disgusting, but all of his supporters have, of course

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Speaker 2: turned it into a really good thing. There are just

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Speaker 2: dozens of people at the Republican National Convention walking around

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Speaker 2: with giant white bandages on the air, which, regardless of

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Speaker 2: what you think about Trump, you have to concede it's

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Speaker 2: pretty funny. We're gonna be talking Joe Biden before five o'clock.

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Speaker 2: He's got COVID Jack. I wouldn't be surprised if he

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Speaker 2: doesn't recover from his COVID diagnosis, says Bruce, by design.

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Speaker 2: But then I keep a collection of tinfoil hats. Yes,

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Speaker 2: thank you for that, Jack. Unfortunately, the problem with Biden

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Speaker 2: is it's personal between him and Trump. If Biden steps aside,

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Speaker 2: then Trump will gloat that he ran away scared. Jadie Vance,

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Speaker 2: Trump's vice presidential pick, has spoken, so we'll bring you

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Speaker 2: some of his comments. Plus, the Mayor of France has

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Speaker 2: taken a dip in this end to prove that it's healthy.

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Speaker 10: But really, the.

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Speaker 3: Day's newswakers talk to Jack first.

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Speaker 1: Jack, dame on, hither Duplessy Allen drive with one New

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Speaker 1: Zealand let's get connected us talk.

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Speaker 5: Said be So.

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Speaker 2: Ross was concerned about some numbers I shared with you.

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Speaker 2: Stats out from the Ministry for Social Development today show

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Speaker 2: that the number of sanctions for beneficiaries have missed various

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Speaker 2: obligations has increased fifty percent at the end of June

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Speaker 2: compared to the same period last year. Right, so fifty

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Speaker 2: percent of the space of a year. Ross has said, Jack, percentages,

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Speaker 2: come on, they mean nothing. Let's just assume there were

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Speaker 2: very minimal numbers of standdowns and sanctions previously. Fifty percent

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Speaker 2: could be nothing. So I've looked it up. They've gone

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Speaker 2: from more than six thousand to ten thousand, right so,

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Speaker 2: which I think is a substantial increase. You would agree, Ross,

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Speaker 2: But ninety two ninety two is the text number if

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Speaker 2: you've got thoughts on that, And we'll be talking to

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Speaker 2: the Greens about it after five o'clock this evening. They

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Speaker 2: are not happy with the number of sanctions for beneficiaries,

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Speaker 2: especially as the unemployment rate continues to rise. Right now,

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Speaker 2: it is twenty four minutes to five.

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Speaker 1: It's the world wires on Newstalgsy Drive.

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Speaker 2: And yet more bad news for US President Joe Biden.

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Speaker 11: I was just on the phone with President Biden and

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Speaker 11: he shared his deep disappointment at not being able to

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Speaker 11: join us this afternoon. He just tested positive for COVID YEP.

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Speaker 2: Biden was campaigning in Las Vegas when he tested positive.

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Speaker 2: He's now returned to Delaware to recuperate. However, it's full

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Speaker 2: steam ahead at the Republican National Convention in Milwaukee. The

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Speaker 2: main event today was the first speech from jd. Vance

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Speaker 2: since he was named as Donald Trump's running mate. The

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Speaker 2: crowd started chanting his name as he walked to Sage

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Speaker 2: here is what some of JD Vance had to say.

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Speaker 12: Consider the lies they told you about Donald Trump, and

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Speaker 12: then look at that photo of him defiant, fist in

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Speaker 12: the air. When Donald Trump rose to his feet and

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Speaker 12: at Pennsylvania Field, all of America stood with him.

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Speaker 2: And finally the mayor of Paris has put her money,

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Speaker 2: we're amount and taken a dip in the river Seine

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Speaker 2: and Idalgo and one hundred other people went for a

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Speaker 2: swim in the river to prove that it's clean enough

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Speaker 2: for the Olympians to swim in a few weeks time.

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Speaker 2: She says the water is so clean she's going to

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Speaker 2: get a public swimming area set up on the river

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Speaker 2: after the games are over.

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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: Murray Old as well as from Australia this afternoon, Kay

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Speaker 2: Murray halfnudew Jack and speaking of unemployments, Australia is not

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Speaker 2: too different from New Zealand. In this department, the unemployment

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Speaker 2: rate has increased.

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Speaker 10: It's ticked up four point one percent the latest figure.

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Speaker 10: Despite the fact last month more than fifty thousand new

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Speaker 10: jobs extra jobs were created, most of them full time

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Speaker 10: so what's going on. Well, the simple fact of the

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Speaker 10: matter is more people now are looking for work because

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Speaker 10: of the cost of living crisis that's biting even harder

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Speaker 10: over here. This time last year, three and a half

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Speaker 10: percent was the unemployment rate. Now, pre COVID it was

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Speaker 10: over five percent. So the big question now, of course,

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Speaker 10: will interest rates have to go up to try and

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Speaker 10: hose down inflation. The Reserve Bank meets early in August,

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Speaker 10: and these job numbers will be of concern because look,

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Speaker 10: I mean, more people and work is good, right, more

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Speaker 10: people are working, there are more jobs being created. That's

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Speaker 10: also going to fuel inflation, is the fear because all

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Speaker 10: those extra pay packets who are washing around in the economy. Now,

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Speaker 10: for the Reserve Bank over here, public enemy number one

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Speaker 10: definitely is inflation. And some economists are now tipping the

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Speaker 10: bank's going to pull the trigger in August and lift

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Speaker 10: rates by a quarter of one percent that's the cash rate,

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Speaker 10: just to keep tapping the inflation break. And households need

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Speaker 10: that like a bang on the head.

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Speaker 2: Yeah, labor has taken aim at the embattled construction union.

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Speaker 10: Oh but heaven's above. I mean, it was just I mean,

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Speaker 10: the big question is why has it taken them so long?

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Speaker 10: I mean state governments and the federal labor government. They've

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Speaker 10: been in bed with unions ever since they were set up.

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Speaker 10: They were set up by unions. Where's big surprise that

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Speaker 10: labors in bed with unions. But here's the thing, this

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Speaker 10: is a bed mate you don't want because there have

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Speaker 10: been so many allegations against the look it's it's a

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Speaker 10: big omnibus union. The construction, the sea of him here, construction, forestry, mining,

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Speaker 10: blah blah blah. Most of them are fine. It's the

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Speaker 10: construction buffheads who, according to nine newspapers and sixty minutes

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Speaker 10: over here, the construction side of things have been absolutely

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Speaker 10: raughting the system, getting organized crimes, infiltrated building sites. Bikings

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Speaker 10: have got key jobs. We had the building the Master

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Speaker 10: Builders Association on the other morning. I know the guy

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Speaker 10: who runs it here in New South Wales. He says,

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Speaker 10: thousands of dollars change hands just to guarantee peace on

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Speaker 10: building sites. The union tells bosses, tells developers who they

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Speaker 10: can and can't hire. They cop bribes, as I said,

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Speaker 10: for on site peace, and those who don't pay well,

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Speaker 10: they just you know, a good luck getting a concrete

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Speaker 10: on time. Here's the thing. All these kickbacks and so

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Speaker 10: on can add thirty percent to the cost of a

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Speaker 10: building project. That's labor and materials and the builder's labor.

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Speaker 10: I'm bigger part of the builders labor as that was

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Speaker 10: outlawed by Bob Hawk all those years ago. The new

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Speaker 10: version of the twenty first century version, the Construction Union

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Speaker 10: is now being threatened with an independent administrator. Basically, the

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Speaker 10: people who have been running a show are going to

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Speaker 10: be kicked out and they are howling. So it's Peter Dutton,

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Speaker 10: and I bet Peter Dutton's winning a lot of friends

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Speaker 10: over here by saying, my mate, you but you will

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Speaker 10: you know, this is what you've reaped now, is what

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Speaker 10: you sewed. As soon as Labour won the last election

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Speaker 10: they abolished the building industry watchdog that was set up

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Speaker 10: by Scott Morrison. What do they expect?

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Speaker 2: Yeah, yeah, yeah, I'm not surprised. Hey, I have nothing

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Speaker 2: to base us on except for vibes, but I reckon

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Speaker 2: here in New Zealand among rugby league fans, I reckon

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Speaker 2: eightied and none would be Queensland Reds fans. So a

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Speaker 2: lot of disappointed people. Yeah, this is a lot of

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Speaker 2: disappointed people after last night.

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Speaker 10: But well, you know it is very tribal, no doubt

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Speaker 10: about that. I mean Richard Mwanga very interested to read

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Speaker 10: about him. This week. He was in the New South

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Speaker 10: Wales camp before the big game, big decider in Brisbane.

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Speaker 10: It was one game each New South Wales got pumped

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Speaker 10: in Sydney, went down in Melbourne. They absolutely smoked Queensland.

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Speaker 10: So you know, you get a decider in Queensland, that's

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Speaker 10: a big event. And Mwanga was making the point that

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Speaker 10: all of his family's Reds fans, he's the only one

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Speaker 10: who likes New South Wales anyway. It was I think,

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Speaker 10: hand on heart, one of the greatest games of the

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Speaker 10: rugby league I can remember. It was absolutely gripping. It

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Speaker 10: was brutal, huge hits, big tackles, you know, PenPoint kicking,

434
00:22:50,000 --> 00:22:52,440
Speaker 10: great passing and all paid at one hundred and one

435
00:22:52,520 --> 00:22:55,960
Speaker 10: miles an hour. Half time was two nil to got

436
00:22:56,000 --> 00:22:59,520
Speaker 10: only one penalty goal to all that had four two

437
00:22:59,520 --> 00:23:02,359
Speaker 10: to Queen's Land. And then the last ten eleven twelve

438
00:23:02,359 --> 00:23:05,159
Speaker 10: minutes New South Wales gets two tries to bust the

439
00:23:05,240 --> 00:23:09,000
Speaker 10: wide open. So it was fantastic with two unique moments Jack.

440
00:23:09,440 --> 00:23:12,200
Speaker 10: One guy was sin bend. He was sitting on the bench.

441
00:23:12,680 --> 00:23:14,679
Speaker 10: He wasn't even playing, but he's joined in a bit

442
00:23:14,680 --> 00:23:17,000
Speaker 10: of a stink on the sideline and I guess he

443
00:23:17,200 --> 00:23:20,280
Speaker 10: decides to wander in like a big puffed ola kauatu.

444
00:23:20,520 --> 00:23:23,159
Speaker 10: Who was who plays for my team? Manly, he's going

445
00:23:23,200 --> 00:23:26,959
Speaker 10: to get to two weeks banned from the game because

446
00:23:27,040 --> 00:23:29,719
Speaker 10: he wasn't even playing. He was in a suit, in

447
00:23:29,720 --> 00:23:32,640
Speaker 10: a blazer and a pair of chinos. He's gone waddling

448
00:23:32,920 --> 00:23:35,800
Speaker 10: the end of the little It wasn't even a fight.

449
00:23:36,000 --> 00:23:39,040
Speaker 10: It was a slap. Yeah, and who's decided to shove

450
00:23:39,080 --> 00:23:41,000
Speaker 10: his nose? And well thanks for that, Genia, Good on

451
00:23:41,119 --> 00:23:44,359
Speaker 10: you idiot. Anyway, New South Wales has bragging rights for

452
00:23:44,400 --> 00:23:44,880
Speaker 10: another year.

453
00:23:45,000 --> 00:23:47,320
Speaker 2: Yeah, yeah, very good. Hey, thanks so much time for

454
00:23:47,359 --> 00:23:49,680
Speaker 2: your time. Murray always appreciated that. Murray Old's with us

455
00:23:49,920 --> 00:23:52,120
Speaker 2: from Australia. Thank you so much for your feedback. He

456
00:23:52,119 --> 00:23:56,359
Speaker 2: he's a messages regarding all of the beneficed beneficiary sanctions

457
00:23:56,760 --> 00:23:59,920
Speaker 2: that have been issued in recent times, a fifty percent

458
00:24:00,160 --> 00:24:02,040
Speaker 2: increase at the end of the Dune quarter compared to

459
00:24:02,040 --> 00:24:05,200
Speaker 2: the year previously. Jack stuff. The greens tax belongs to

460
00:24:05,240 --> 00:24:07,520
Speaker 2: all of us. Well, I'm not sure that tax does

461
00:24:07,680 --> 00:24:10,439
Speaker 2: revenue maybe from taxes. If you've no work and you're

462
00:24:10,480 --> 00:24:12,679
Speaker 2: receiving tax payer money, then as far as I'm concerning,

463
00:24:12,680 --> 00:24:14,199
Speaker 2: you need to be responsible. You need to meet your

464
00:24:14,240 --> 00:24:17,919
Speaker 2: obligations in order to receive a beneficiary. Jack, If you're

465
00:24:17,920 --> 00:24:20,439
Speaker 2: getting our tax dollars to pay for a benefit, you

466
00:24:20,480 --> 00:24:22,359
Speaker 2: need to be held to account. You need to accept

467
00:24:22,440 --> 00:24:25,720
Speaker 2: there are obligations to follow. Ninety two to ninety two

468
00:24:25,840 --> 00:24:27,399
Speaker 2: is the text number if you've got some thoughts on

469
00:24:27,400 --> 00:24:30,840
Speaker 2: that to so you know. The liquidation report into SPQR

470
00:24:31,200 --> 00:24:34,920
Speaker 2: has been released this afternoon. Of course, the glitzy Ponsonby

471
00:24:35,040 --> 00:24:39,480
Speaker 2: Road establishment in Auckland, it owed more than two million

472
00:24:39,520 --> 00:24:44,080
Speaker 2: dollars all up to the IRD to staff and creditors,

473
00:24:44,119 --> 00:24:47,159
Speaker 2: so almost one and a half million dollars owed to

474
00:24:47,200 --> 00:24:49,199
Speaker 2: the IRD. Anyway, we'll take a closer to look at

475
00:24:49,200 --> 00:24:51,040
Speaker 2: that after five o'clock as well. Right now it is

476
00:24:51,119 --> 00:24:52,640
Speaker 2: sixteen to five.

477
00:24:53,880 --> 00:24:57,200
Speaker 1: Politics with Centrics Credit, check your customers and get payments

478
00:24:57,200 --> 00:24:58,280
Speaker 1: Certainty News Talks.

479
00:24:58,280 --> 00:25:01,159
Speaker 2: The b Political editor Jason Wall's is with us this afternoon.

480
00:25:01,280 --> 00:25:04,240
Speaker 2: High Jason, Good afternoon, Jack. So the PSA has won

481
00:25:04,280 --> 00:25:06,280
Speaker 2: its case against the Ministry of Education.

482
00:25:06,840 --> 00:25:09,159
Speaker 13: Indeed it has, and it was very happy about that.

483
00:25:09,200 --> 00:25:11,200
Speaker 13: They sent out a press release less than an hour

484
00:25:11,240 --> 00:25:14,920
Speaker 13: ago touting that they had basically claiming victory on this one.

485
00:25:14,960 --> 00:25:18,560
Speaker 13: The union had filed on Employment Relations Authority proceedings because

486
00:25:18,560 --> 00:25:21,520
Speaker 13: of what it said was the ministry's failure to comply

487
00:25:21,640 --> 00:25:24,760
Speaker 13: with the collective Agreement in relation to job losses forced

488
00:25:24,960 --> 00:25:27,800
Speaker 13: by the government's spending cuts. And unless you've lived under

489
00:25:27,800 --> 00:25:30,040
Speaker 13: a rock, you'll know exactly what I'm talking about in

490
00:25:30,119 --> 00:25:34,159
Speaker 13: terms of those spending cuts, job cuts across the public

491
00:25:34,240 --> 00:25:37,800
Speaker 13: service agency, every single ministry, and of course the Ministry

492
00:25:37,800 --> 00:25:41,520
Speaker 13: of Education was not exempt to this. The authority found

493
00:25:41,520 --> 00:25:45,320
Speaker 13: that the PSA's interpretation of the collective Agreement with the

494
00:25:45,359 --> 00:25:48,400
Speaker 13: Ministry staff had not been complied with by the Ministry,

495
00:25:48,400 --> 00:25:51,000
Speaker 13: and the PSA says there was no attempt to engage

496
00:25:51,040 --> 00:25:54,399
Speaker 13: with the PSA as an active participant in the change.

497
00:25:54,440 --> 00:25:54,600
Speaker 10: Now.

498
00:25:54,640 --> 00:25:56,119
Speaker 2: That's despite what.

499
00:25:56,000 --> 00:25:59,000
Speaker 13: The Ministry said. The Ministry said that it had engaged

500
00:25:59,040 --> 00:26:03,560
Speaker 13: in those conversations, but the Employment Relations Authority has ruled otherwise.

501
00:26:03,720 --> 00:26:06,600
Speaker 13: In a statement, the PSA said, the authority also agreed

502
00:26:06,640 --> 00:26:09,919
Speaker 13: with the PSA's position that the Ministry was required to

503
00:26:09,960 --> 00:26:13,480
Speaker 13: adopt a case by case approach to the outcome outcomes

504
00:26:13,480 --> 00:26:16,840
Speaker 13: for individuals. So this means that considering matters such as

505
00:26:17,440 --> 00:26:21,879
Speaker 13: retraining leave without pay, early retirement severance, and assisting people

506
00:26:21,880 --> 00:26:25,760
Speaker 13: into other work for each individual. So the Ministry now

507
00:26:25,800 --> 00:26:28,000
Speaker 13: has twenty eight days to file an appeal to the

508
00:26:28,000 --> 00:26:31,080
Speaker 13: Employment Court. This is pretty major, as the Ministry has

509
00:26:31,160 --> 00:26:35,040
Speaker 13: previously said if the legal action was successful, it would

510
00:26:35,040 --> 00:26:38,200
Speaker 13: have to start the job cutting process all over again.

511
00:26:38,880 --> 00:26:41,480
Speaker 13: Quote if the authority finds in favor of the PSA,

512
00:26:41,520 --> 00:26:43,520
Speaker 13: this is what the Ministry said at the time when

513
00:26:43,520 --> 00:26:46,440
Speaker 13: the proceedings started. We expect that the authority would require

514
00:26:46,680 --> 00:26:50,679
Speaker 13: the Ministry to pause all change processes. Further discussions with

515
00:26:50,720 --> 00:26:53,960
Speaker 13: the PSA would follow with the aim of reaching agreements

516
00:26:53,960 --> 00:26:56,359
Speaker 13: on specific changes. They went on to say that this

517
00:26:56,480 --> 00:27:00,199
Speaker 13: may lead to new amendment proposals that may require further

518
00:27:00,320 --> 00:27:04,400
Speaker 13: consultation before decisions are made in action. So it's already

519
00:27:04,640 --> 00:27:07,520
Speaker 13: paused laying off staff while this legal action happened. But

520
00:27:07,640 --> 00:27:10,560
Speaker 13: the Ministry said, no matter what happens, it would still

521
00:27:10,760 --> 00:27:13,200
Speaker 13: be cutting offs. It would still be cutting staff.

522
00:27:13,240 --> 00:27:13,639
Speaker 2: They said that.

523
00:27:13,640 --> 00:27:16,760
Speaker 13: They'd made every effort to find the money outside of

524
00:27:16,800 --> 00:27:20,119
Speaker 13: the reductions to head counts. However, the savings required to

525
00:27:20,160 --> 00:27:24,359
Speaker 13: meet Budget twenty four committed commitments are greater than what

526
00:27:24,440 --> 00:27:27,440
Speaker 13: we can do without reducing staff numbers. So what does

527
00:27:27,480 --> 00:27:29,840
Speaker 13: this mean. It means that everything is going to get

528
00:27:29,880 --> 00:27:30,919
Speaker 13: a lot more expensive.

529
00:27:30,960 --> 00:27:32,520
Speaker 2: I would say expect.

530
00:27:32,240 --> 00:27:36,000
Speaker 13: More offers of voluntary redundancies and more legal battles as

531
00:27:36,000 --> 00:27:38,359
Speaker 13: we go forward. And there's also the question of precedents,

532
00:27:38,440 --> 00:27:40,600
Speaker 13: because we do know that this is not the only

533
00:27:40,680 --> 00:27:43,399
Speaker 13: ministry that was grappling against the government's cuts.

534
00:27:43,720 --> 00:27:47,840
Speaker 2: Jason both Nikola Willis's Associate Finance ministers have committed somewhat

535
00:27:47,840 --> 00:27:49,600
Speaker 2: of a cardinalson what have they done.

536
00:27:50,080 --> 00:27:54,439
Speaker 13: Indeed, in short, they've undermined the independence of the Reserve Bank,

537
00:27:54,680 --> 00:27:57,000
Speaker 13: which is what ministers are not allowed to do under

538
00:27:57,000 --> 00:28:01,119
Speaker 13: any circumstances. The Reserve Bank sets into rets based on

539
00:28:01,400 --> 00:28:04,560
Speaker 13: its read of the economy, so it's deliberately keeping itself

540
00:28:04,560 --> 00:28:07,359
Speaker 13: at arm's length from ministers because they shouldn't be getting

541
00:28:07,400 --> 00:28:10,760
Speaker 13: involved as it could be perceived that they're politically meddling.

542
00:28:11,320 --> 00:28:13,879
Speaker 13: But that's all out the window for now. First with

543
00:28:13,960 --> 00:28:18,280
Speaker 13: Associate Minister Finance Minister and Acting Prime Minister David Seymour, who.

544
00:28:18,320 --> 00:28:22,400
Speaker 13: After yesterday's three point three percent inflation number was released,

545
00:28:22,840 --> 00:28:25,199
Speaker 13: he was asked the obvious question by reporters, should the

546
00:28:25,240 --> 00:28:26,879
Speaker 13: Reserve Bank cut interest rates?

547
00:28:26,960 --> 00:28:29,639
Speaker 14: Here's what he said, Well, I can't tell the Reserve

548
00:28:29,720 --> 00:28:31,679
Speaker 14: Bank governor what to do, but you don't believe an

549
00:28:31,720 --> 00:28:35,159
Speaker 14: economics degree to see people are hurting and flash is

550
00:28:35,200 --> 00:28:38,000
Speaker 14: going down fast and relief is required.

551
00:28:38,160 --> 00:28:40,360
Speaker 13: So he might argue that that was not an explicit

552
00:28:40,440 --> 00:28:44,360
Speaker 13: instruction saying that relief is required is pretty I would

553
00:28:44,400 --> 00:28:46,760
Speaker 13: say it's pretty close to being given directions. If it's

554
00:28:46,800 --> 00:28:49,920
Speaker 13: not explicitly saying it, it is getting pretty close to

555
00:28:49,960 --> 00:28:53,360
Speaker 13: the line. But there was absolutely no ambiguity around what

556
00:28:53,480 --> 00:28:56,760
Speaker 13: the other Associate Finance Minister said, Shane Jones, when he

557
00:28:56,800 --> 00:28:58,320
Speaker 13: spoke to the country earlier today.

558
00:28:58,760 --> 00:29:01,640
Speaker 15: Ah, of course we need to reduce the cost of money. Look,

559
00:29:01,680 --> 00:29:06,720
Speaker 15: I remember surviving through the global financial crisis that was

560
00:29:07,160 --> 00:29:09,920
Speaker 15: two thousand and eight twenty ten. My family had a

561
00:29:09,920 --> 00:29:13,840
Speaker 15: whole host of interests and economic enterprises. I think the

562
00:29:13,880 --> 00:29:17,280
Speaker 15: circumstances facing a lot of regional New Zealand enterprises are

563
00:29:17,280 --> 00:29:20,920
Speaker 15: worse now than they were back in the global financial crisis,

564
00:29:20,960 --> 00:29:24,800
Speaker 15: and sadly they're not seeing a monetary impulse coming from

565
00:29:24,800 --> 00:29:26,600
Speaker 15: the Reserve Bank. We're seeing the opposite.

566
00:29:26,680 --> 00:29:29,080
Speaker 13: So it's pretty unambiguous there in terms of what his

567
00:29:29,240 --> 00:29:32,960
Speaker 13: thoughts off in terms of what should happen, as I understand,

568
00:29:33,040 --> 00:29:35,880
Speaker 13: let's stand it. Nikola Willis is also keen to see

569
00:29:35,880 --> 00:29:38,280
Speaker 13: the Reserve Bank cut the OCR but she hasn't come

570
00:29:38,320 --> 00:29:41,000
Speaker 13: out and said that. I mean yet, no products there

571
00:29:41,040 --> 00:29:44,120
Speaker 13: for the Wild's most obvious statement. But the thing is

572
00:29:44,120 --> 00:29:46,480
Speaker 13: she hasn't come out explicitly and said it should happen

573
00:29:46,480 --> 00:29:49,040
Speaker 13: because it would be improper. So, you know, do I

574
00:29:49,080 --> 00:29:52,560
Speaker 13: think that Willis do I think that Jones and Seymour's

575
00:29:53,040 --> 00:29:55,240
Speaker 13: urging of the Reserve Bank or their comments will change

576
00:29:55,280 --> 00:29:57,840
Speaker 13: their mind. I think they're probably already in a position

577
00:29:57,840 --> 00:29:59,479
Speaker 13: where they're thinking of doing it.

578
00:29:59,480 --> 00:29:59,840
Speaker 2: Anyway.

579
00:30:00,000 --> 00:30:01,920
Speaker 13: I think it probably might happen earlier this year, but

580
00:30:02,000 --> 00:30:04,120
Speaker 13: it's pretty improper for them to do what they've done.

581
00:30:04,120 --> 00:30:06,040
Speaker 13: But I don't think it's ultimately going to change much.

582
00:30:06,200 --> 00:30:09,000
Speaker 2: Yeah, I mean, let's be honest, though, Jason, I mean,

583
00:30:09,240 --> 00:30:13,760
Speaker 2: the Reserve Bank are educated adults, surely that the Monetary

584
00:30:13,800 --> 00:30:16,520
Speaker 2: Policy Committee can actually say yes, of course politicians? What

585
00:30:16,680 --> 00:30:18,960
Speaker 2: is he cuts to the OCE era but actually we're

586
00:30:18,960 --> 00:30:21,440
Speaker 2: going to make decisions independent of what they want. That's

587
00:30:21,440 --> 00:30:23,440
Speaker 2: the whole purpose. Come like judges do when it comes

588
00:30:23,440 --> 00:30:25,280
Speaker 2: to sentencing. Surely we have to put a bit of

589
00:30:25,360 --> 00:30:27,719
Speaker 2: stock in these people's expertise. But thank you very much

590
00:30:27,720 --> 00:30:29,640
Speaker 2: for your time. That is news dogs. He'd be Political

591
00:30:29,800 --> 00:30:32,520
Speaker 2: editor Jason Walls. Right now it is eight to five.

592
00:30:33,680 --> 00:30:36,040
Speaker 3: Putting the tough questions to the newspeakers.

593
00:30:36,120 --> 00:30:38,400
Speaker 16: Some my asking, breakfast, what do we make of the

594
00:30:38,400 --> 00:30:41,160
Speaker 16: CPI number inflmation that's three point three, which was down

595
00:30:41,200 --> 00:30:43,640
Speaker 16: from four form of Finance Minister Stephen Joyce is what

596
00:30:43,640 --> 00:30:43,840
Speaker 16: this is.

597
00:30:43,840 --> 00:30:46,360
Speaker 5: The most important problem. If you look across the data,

598
00:30:46,480 --> 00:30:49,000
Speaker 5: is the non tradable still a bit high, but trending

599
00:30:49,040 --> 00:30:50,920
Speaker 5: in the right direction. And I think there's a real

600
00:30:51,040 --> 00:30:53,400
Speaker 5: risk of overshooting. I think they know that, and I

601
00:30:53,440 --> 00:30:56,200
Speaker 5: think what will probably happen is you'll get one cut

602
00:30:56,360 --> 00:30:59,320
Speaker 5: earlier than we were expecting, and I suspect they might

603
00:30:59,400 --> 00:31:01,600
Speaker 5: hold the next round of data.

604
00:31:01,760 --> 00:31:03,920
Speaker 16: Does that, though, go against orthodoxy in the sense that

605
00:31:03,960 --> 00:31:06,280
Speaker 16: you don't cut once and hold, you cut and then

606
00:31:06,320 --> 00:31:08,560
Speaker 16: you cut because you're confident you've done your job.

607
00:31:08,720 --> 00:31:10,880
Speaker 5: Yeah, ideally My point is looks full on a nine

608
00:31:10,920 --> 00:31:11,520
Speaker 5: page right.

609
00:31:11,600 --> 00:31:14,400
Speaker 16: Back tomorrow at six am the Mic Hosking Breakfast with

610
00:31:14,720 --> 00:31:16,440
Speaker 16: Jaguar Newstalk ZEDB.

611
00:31:18,120 --> 00:31:20,440
Speaker 2: Five five on News Talk ZDB. Tell you what that

612
00:31:21,360 --> 00:31:24,560
Speaker 2: Parisian mayor jumping into the Seine reminds me. Do you

613
00:31:24,600 --> 00:31:25,960
Speaker 2: remember a couple of years ago? I think it was

614
00:31:26,000 --> 00:31:29,840
Speaker 2: the chief Minister of the Punjab region in India decided,

615
00:31:30,320 --> 00:31:33,000
Speaker 2: like the chief Minister of Punjab State decided to drink

616
00:31:33,200 --> 00:31:35,280
Speaker 2: some holy water from a river to prove that the

617
00:31:35,360 --> 00:31:37,720
Speaker 2: river wasn't polluted. Well, it seems that the river was

618
00:31:37,800 --> 00:31:41,440
Speaker 2: extremely polluted, and like two days later the chief Minister

619
00:31:41,600 --> 00:31:44,040
Speaker 2: of Punjab was in hospital very seriously ill. Do you

620
00:31:44,040 --> 00:31:47,000
Speaker 2: remember that a couple of years ago. So as much

621
00:31:47,040 --> 00:31:48,920
Speaker 2: as the mayor of Paris might think that she has

622
00:31:48,960 --> 00:31:51,400
Speaker 2: proved something by diving into the Seine, at this point,

623
00:31:51,480 --> 00:31:54,960
Speaker 2: I suppose the real test and proving that the Seine

624
00:31:55,040 --> 00:31:57,760
Speaker 2: is ready for the summer Olympics will come in about

625
00:31:57,840 --> 00:32:00,000
Speaker 2: two to three days time. Where like at forty eight

626
00:32:00,160 --> 00:32:03,000
Speaker 2: our countdown clock after five o'clock, we're going to tell

627
00:32:03,000 --> 00:32:06,200
Speaker 2: you more about this letter from Northland MP Grant McCallum.

628
00:32:06,240 --> 00:32:09,040
Speaker 2: He sent a note to the head of Transpower demanding

629
00:32:09,040 --> 00:32:13,480
Speaker 2: that Transpower considers some sort of compensation. One hundred thousand customers,

630
00:32:13,520 --> 00:32:18,160
Speaker 2: of course, had power cut after contractors working on that

631
00:32:18,200 --> 00:32:21,960
Speaker 2: Transpower pylon took too many nuts off. At the same time,

632
00:32:22,600 --> 00:32:24,320
Speaker 2: he says, as part of the letter this quote, I

633
00:32:24,360 --> 00:32:27,240
Speaker 2: have had contact from constituents who lost twelve hundred dollars

634
00:32:27,320 --> 00:32:30,160
Speaker 2: from a day's lost business through to one with nearly

635
00:32:30,240 --> 00:32:33,680
Speaker 2: half a million dollars in total lossages due to the outage.

636
00:32:34,080 --> 00:32:36,640
Speaker 2: He says, telling these people to rely on the insurance

637
00:32:36,680 --> 00:32:39,560
Speaker 2: process is outrageous, and he suggested to the head of

638
00:32:39,560 --> 00:32:44,320
Speaker 2: Transpower then instead of insurance, instead of looking at individual claims,

639
00:32:44,400 --> 00:32:49,040
Speaker 2: Transpower puts in a blanket reduction on transmission costs for

640
00:32:49,160 --> 00:32:51,840
Speaker 2: all Northlanders for the next year. So we'll tell you

641
00:32:51,840 --> 00:32:55,200
Speaker 2: about that as well as that green MP Ricardo Menendez

642
00:32:55,280 --> 00:32:58,720
Speaker 2: march on why we shouldn't be sanctioning beneficiaries who don't

643
00:32:58,720 --> 00:33:00,720
Speaker 2: meet their obligations. In a course, we will take you

644
00:33:00,760 --> 00:33:02,720
Speaker 2: to the US for the very latest from the Republican

645
00:33:02,800 --> 00:33:06,600
Speaker 2: National Convention and President Joe Biden has COVID. Will this

646
00:33:06,800 --> 00:33:09,040
Speaker 2: be the chance he needs to take a bit of

647
00:33:09,080 --> 00:33:13,800
Speaker 2: time consider his options for November And finally, pull out

648
00:33:14,040 --> 00:33:15,120
Speaker 2: News is next.

649
00:33:16,600 --> 00:33:19,760
Speaker 1: The only drive show you can trust to ask the questions,

650
00:33:19,880 --> 00:33:23,320
Speaker 1: get the answers, by the facts and give the analysis.

651
00:33:23,520 --> 00:33:26,200
Speaker 1: Jack taim On hither due to c Allen Drive with

652
00:33:26,480 --> 00:33:29,960
Speaker 1: One New Zealand let's get connected news talk as the'd be.

653
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Speaker 2: The new government's call for more sanctions against beneficiaries who

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Speaker 2: don't meet their obligations appears to have been answered by

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Speaker 2: the Ministry of Social Development. The number of sanctions issued

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Speaker 2: by MSD in the second quarter of this year is

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Speaker 2: fifty percent higher than during the same period last year.

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Speaker 2: Social Development and Employment Minister Louise ups And says wider

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Speaker 2: use of sanctions will encourage more beneficiaries to get into work.

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Speaker 2: Ricardo Menendez March is the Green Party's spokesperson for Social

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Speaker 2: Development and Employment and joins us now killed up deck.

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Speaker 2: You're not happy about this.

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Speaker 17: We know benefit sanctions have never worked to actually support

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Speaker 17: people into employment, and all they do is actually push

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Speaker 17: people into poverty. So Louis Sutston's actually talking nonsense when

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Speaker 17: she claims the bill encourage people into employment by actually

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Speaker 17: stripping away their means of survival.

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Speaker 2: Who really is it that hard to turn up for

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Speaker 2: a meeting?

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Speaker 17: Let's make it clear, a lot of the people who

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Speaker 17: are on the benefit are living extremely stressful lives, often

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Speaker 17: shifting from hotel to motel experience and things like homelessness, violence,

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Speaker 17: or severe poverty. Some people actually in research, they've talked

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Speaker 17: about how being on the benefit it's almost like a

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Speaker 17: full time job by the nature of just how many

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Speaker 17: times you have to engage work and income while you're

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Speaker 17: just trying to survive as well.

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Speaker 2: So give us a worst case scenario, how much do

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Speaker 2: they have to turn up? What do they have to do?

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Speaker 17: Well, look, often, if you're already having to choose between

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Speaker 17: your bills and paying your rent, you may not even

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Speaker 17: be ab to, for example, to get enough money to

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Speaker 17: have credit on your phone. You may not be able

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Speaker 17: to afford the cost of transport. And at the same time,

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Speaker 17: let's not pretend that a lot of these meetings are

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Speaker 17: actually meaningful. A lot of the meetings that people are

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Speaker 17: dragged onto are TikTok exercises that don't help people getting

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Speaker 17: to meaningful employment. And if you're a parent with giving

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Speaker 17: responsibilities and you're forced to attend seminar aster seminar that

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Speaker 17: doesn't actually help you get a job, I can absolutely

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Speaker 17: see why people are being demoralized by a failed approach

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Speaker 17: that has not worked for decades.

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Speaker 2: That, Ricardo, if most of your social development doesn't apply sanctions,

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Speaker 2: what incentive is there for anyone to actually follow the

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Speaker 2: rules and meet their obligations.

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Speaker 17: Well, let's make this. Let's make the processes actually support

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Speaker 17: people into employment, because so far the so called obligations

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Speaker 17: and work seminars that people have to go to have

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Speaker 17: not shown to actually help people into employment. There's also

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Speaker 17: no research that shows benefits sanctions actually help people into employment.

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Speaker 17: There's no here o overseas, and so I think the

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Speaker 17: first step would be to make those works them in

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Speaker 17: ares tailored to ensure that we're connecting people into decent, safe,

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Speaker 17: well paid work rather than any shitty job, no matter

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Speaker 17: how poor it is, just for the sake of taking

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Speaker 17: a box.

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Speaker 2: Ricato, do you reckon, just philosophically, that there are some

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Speaker 2: people out there who just don't want to work.

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Speaker 17: There may be people with complex lives and caregiving arrangements,

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Speaker 17: but I don't think it's the minister's job to actually

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Speaker 17: dictate each person's individual kis.

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Speaker 2: So, just philosophically, do you believe there are some people

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Speaker 2: receiving benefits who just don't want to work.

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Speaker 17: Whether there may be one or ten, it does not

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Speaker 17: mean benefits help, but benefits sanctions have not been shown

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Speaker 17: to work. Jack, So I think just peddling with the

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Speaker 17: same failed approach want to actually help anyone. And it's

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Speaker 17: also quite rich for the government to be kicking people

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Speaker 17: off work, cutting jobs and pushing people into a benefit

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Speaker 17: well at the same time doubling down a punishment and

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Speaker 17: yet not being able to substantiate the millions of dollars

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Speaker 17: go into these works seminars that have not shown to

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Speaker 17: help people into good work. We've got plenty of reports

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Speaker 17: that show that people get just pushed into casual jobs

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Speaker 17: that end up costing more in choltcare that are insecure

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Speaker 17: as well.

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Speaker 2: Yeah, well, while we got you, Ricardo, have you have

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Speaker 2: you spoken to any of the other Green and peas

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Speaker 2: about potentially invoking the Waker jumping law with Darlene Tana.

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Speaker 17: Look, the party, people in the party will of course

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Speaker 17: have those conversations because it's a democratic party. But right

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Speaker 17: now our key message remains the same that Darlene needs

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Speaker 17: to resign and do the right time.

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Speaker 2: Have you have you had those conversations we have.

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Speaker 17: Not had a caucus meeting to discuss that.

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Speaker 2: If you've spoken to Jump, we have.

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Speaker 17: Not had those conversations, and the reality is we'll need

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Speaker 17: to actually have caucus meetings following Darlene's decision. She she

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Speaker 17: still has talked about how she's making up her mind

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Speaker 17: about what she'll do with her future, and we've made

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Speaker 17: it really clear to her that we think that the

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Speaker 17: best outcome would be for her to resign.

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Speaker 2: One last question, would you personally support putting the Waker

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Speaker 2: jumping decision to the party membership at the AGM?

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Speaker 17: To be honest, I haven't even thought of the off

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Speaker 17: the AGM at that point, because my hope is that

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Speaker 17: by the.

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Speaker 2: Name, come on, come on, you gotta have thought of it.

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Speaker 2: Come on. So if the option was we can we

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Speaker 2: can put this to a vote at the AGM for

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Speaker 2: Green Party members. Given your commitment to democracy and transparency,

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Speaker 2: would you support throwing that decision over to Green Party members?

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Speaker 17: I think that's a complete misinterpretation of how the bill

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Speaker 17: actually works because it does not rely on party members.

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Speaker 2: No, but if party members voted for you guys to

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Speaker 2: invoke it, would you support putting that decision to party

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Speaker 2: members for you as the caucus to then.

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Speaker 17: Invoke if members want to put a remat at the AGM.

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Speaker 17: But it's completely up to them. But the reality is,

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Speaker 17: and as we've said before, and as somebody who works

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Speaker 17: very closely on migrant exploitition issues, I think the right

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Speaker 17: thing for Darling to do would be to resign them.

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Speaker 2: Hey, thanks for your time. We really appreciate it. Riccardo

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Speaker 2: in India's March, it's twelve past five, Team Well, things

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Speaker 2: keep getting worse for President Joe Biden. He's been diagnosed

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Speaker 2: with COVID nineteen. He was due to make a speech

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Speaker 2: in Las Vegas, but it's now flowing home to self

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Speaker 2: isolate in Delaware. The White House pre sectury release a

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Speaker 2: statement saying he was vaxitted, boosted and experiencing mild symptoms.

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Speaker 2: One use US correspondent Logan Church is with us this

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Speaker 2: evening high Logan. Could this illness come at a worse

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Speaker 2: time for Joe Biden?

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Speaker 18: Well, Jack, it's a terrible time for Joe Biden. I mean,

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Speaker 18: just cast your mind back a couple of weeks ago,

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Speaker 18: and we had that disastrous debates that the former president

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Speaker 18: had agoth the current president had against Donald Trump, and

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Speaker 18: then the fallout from Vaz and since then, Joe Biden

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Speaker 18: has been in the fight for his political life. What

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Speaker 18: he needs to be doing right now is being also

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Speaker 18: in the campaign trail, holding rallies, showing his country and

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Speaker 18: the world that even at eighty one years old, he

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Speaker 18: is young enough and fit enough and with it's enough

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Speaker 18: to have another go at being president. And the last

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Speaker 18: thing that he needs to do right now is be

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Speaker 18: sitting in his home in Delaware, isolating while Donald Trump

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Speaker 18: has the spotlights.

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Speaker 5: Yeah.

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Speaker 2: A logan reports today that senior Democrats, including Chuck Schumer,

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Speaker 2: who's the Senate majority leader, have now told Biden he

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Speaker 2: should step aside. Adam Schiff has done the same, hackeing Jeffries,

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Speaker 2: Nancy Pelosi. I mean, for goodness sake, how much longer

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Speaker 2: can he withstand these calls?

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Speaker 18: Yeah, and those calls are just mounting by the day.

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Speaker 18: I've been spending a lot of time, obviously talking to

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Speaker 18: Republicans here in Milwaukee, where I'm at at the Republican

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Speaker 18: National Convention, but there's also a number of Democrats around

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Speaker 18: the city here I've been chatting to on my walks

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Speaker 18: around when we're filming, and many of them are just

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Speaker 18: wondering when Joe Biden will set aside, not a matter

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Speaker 18: of f it's very much when. Now it's understood that

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Speaker 18: the Democrats will be holding a virtual vote in early

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Speaker 18: August as to sort of decide where they want to

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Speaker 18: go in terms of their presidential peck ahead of their

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Speaker 18: national convention in mid August. But you've got to wonder

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Speaker 18: at this stage how long Joe Biden can really hold

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Speaker 18: on for. Of course, at this point Joe Biden, if

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Speaker 18: we look at his public statements, he doesn't want to

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Speaker 18: go anywhere at all of his rallies, at every chance

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Speaker 18: he's gone. He's publicly stated, very loudly, that he is

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Speaker 18: there to stay for better or for worse. He thinks

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Speaker 18: that he's the only man that can beat Donald Trump,

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Speaker 18: and he, as we know so far, it tends to

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Speaker 18: give it a good old crap. The problem for Joe Biden, though,

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Speaker 18: is an increasing number of his pasty don't think he's

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Speaker 18: up for it.

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Speaker 2: Yeah, Donald Trump speaks tomorrow at the Republican National Convention.

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Speaker 2: What are you expecting?

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Speaker 18: Well, it's quite interesting. So after the assassination attempt on

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Speaker 18: Donald Trump's life, his party, his campaign said that he

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Speaker 18: essentially throughout his plans campaign, his planned speech for tomorrow,

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Speaker 18: and totally rerose it. Now, if you think to what

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Speaker 18: a typical Donald Trump's speech is like, you can think

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Speaker 18: of things like a very fiery, combative language. We're not

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Speaker 18: expecting that tomorrow. We're expecting messages of unity and messages

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Speaker 18: are bringing the country together. So that's what we're expecting

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Speaker 18: from Donald Trump tomorrow at the Republican National Convention.

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Speaker 2: Very good, looking forward to it.

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Speaker 15: Thank you.

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Speaker 2: Logan Logan Church one US US correspondent live for US

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Speaker 2: from Milwaukee. It's quarter past five. Thank you for your feedback.

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Speaker 2: Heaves the texts coming in. Jeh, being on benefit is

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Speaker 2: busier than a full time job. Come on what planet is?

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Speaker 2: Ricardo Minen? There's March on ninety two ninety two if

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Speaker 2: you want to lick us a message. This evening. Cops

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Speaker 2: are back patrolling the streets of christ Church. The city's

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Speaker 2: new community beat teams have officially launched today in an

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Speaker 2: attempt to make the city safer. Eighteen police officers will

838
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Speaker 2: provide seven day coverage and since they started patrolling, the

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Speaker 2: apprehended two prolific shoplifters and recovered one thousand dollars worth

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Speaker 2: of stolen property. Leanne Watson is the CEO of Business

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Speaker 2: Canterbury and joins us now Calderly and are people noticing

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00:42:29,000 --> 00:42:29,680
Speaker 2: their presence?

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Speaker 19: They definitely are and it's really positive to see. It's

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Speaker 19: been an issue that our Business Cannery members have consistently

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Speaker 19: highlighted the need for greater presence and just visibility from

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Speaker 19: the police in some of those areas that we have

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Speaker 19: had some antisocial behavior, some criminal activity. It's not an

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Speaker 19: issue that's unique to christ Church. We've seen it nationwide.

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Speaker 19: So it's really really good to see this sort of

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Speaker 19: activity come back and see more police presence on some

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Speaker 19: of those key areas.

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Speaker 2: So how bigger difference does it actually make to criminals

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Speaker 2: if they know law enforcement are in the area.

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Speaker 19: Oh if I think it certainly exes it as a deterrent.

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Speaker 19: And what it does do is it provides some comfort

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Speaker 19: and some assurance for not only you know, the people

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Speaker 19: coming into these areas, whether they're shopping, whether they're coming

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Speaker 19: out for you know, meals, whether we're you know, for tourists.

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Speaker 19: It provides a level of comfort and assurance and it

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Speaker 19: also helps the business owners and operators know that there's

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Speaker 19: some extra support there for them. You know, these businesses

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Speaker 19: have been doing it really tough for a number of

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Speaker 19: years and this added pressure of antisocial behavior, and a

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Speaker 19: lot of it is antisocial behavior as well as some

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Speaker 19: of that criminal activity. This certainly helps and you know,

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Speaker 19: some of those things like shoplifting, if there's more place presence,

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Speaker 19: you know, hopefully we'll just see that decrease over time,

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Speaker 19: and that in itself will be helpful for those business lines.

869
00:43:53,239 --> 00:43:55,880
Speaker 2: And so do the officers literally just just walk around

870
00:43:55,960 --> 00:43:57,960
Speaker 2: or if business has got their number, can you kind

871
00:43:57,960 --> 00:43:59,960
Speaker 2: of call them quickly when something happens.

872
00:44:00,880 --> 00:44:03,160
Speaker 19: Well, I think it's a combination of both. You know,

873
00:44:03,160 --> 00:44:07,319
Speaker 19: it's really important that businesses continue to report any of

874
00:44:07,360 --> 00:44:10,040
Speaker 19: these sorts of incidences through the right channels because when

875
00:44:10,400 --> 00:44:12,600
Speaker 19: they do that, that provides really good data for the

876
00:44:12,640 --> 00:44:15,399
Speaker 19: police that then helps the police prioritize, you know, where

877
00:44:15,400 --> 00:44:18,960
Speaker 19: they spend their time and where they decline their efforts.

878
00:44:19,000 --> 00:44:21,040
Speaker 19: So I think it's a combination of both. Obviously, is

879
00:44:21,080 --> 00:44:24,360
Speaker 19: there's something that happens on the spot and the police

880
00:44:24,360 --> 00:44:26,720
Speaker 19: are in close proximity, I'm sure they'll address those things.

881
00:44:27,400 --> 00:44:29,279
Speaker 19: But other than that, it's just continuing to make sure

882
00:44:29,280 --> 00:44:31,399
Speaker 19: that they report those sorts of activities as well.

883
00:44:31,480 --> 00:44:33,560
Speaker 2: Very good Thanks for your time. Leeann Leanne Watson is

884
00:44:33,560 --> 00:44:35,959
Speaker 2: the CEO of Business Canterby. Thank you for your text

885
00:44:36,080 --> 00:44:38,839
Speaker 2: with exillience, Jack. If we are paying a benefit, then,

886
00:44:39,080 --> 00:44:41,080
Speaker 2: as far as I'm concerned, is the job seekers job

887
00:44:41,120 --> 00:44:42,960
Speaker 2: to turn up to a meeting just like the rest

888
00:44:42,960 --> 00:44:44,719
Speaker 2: of us. I can't choose not to turn up to

889
00:44:44,800 --> 00:44:47,400
Speaker 2: work or turn up to a meeting. Jack. I'm happy

890
00:44:47,400 --> 00:44:49,279
Speaker 2: with the sanctions, but what about applying some to the

891
00:44:49,280 --> 00:44:52,200
Speaker 2: board and executive team at sky City for failing to

892
00:44:52,239 --> 00:44:55,640
Speaker 2: comply with their requirements, says Bruce. Actually, after five thirty, Bruce,

893
00:44:55,680 --> 00:44:58,360
Speaker 2: we're going to be speaking with the chief operating officer

894
00:44:58,440 --> 00:45:00,480
Speaker 2: of sky City. So sky City is going to shutting

895
00:45:00,480 --> 00:45:03,200
Speaker 2: the casino for five days after they reached a deal

896
00:45:03,600 --> 00:45:06,600
Speaker 2: with the Department of a Turtle Affairs over some wrongdoing

897
00:45:06,600 --> 00:45:09,440
Speaker 2: in the casino. They weren't properly monitoring some people who

898
00:45:09,520 --> 00:45:11,440
Speaker 2: were gambling in the casino. So we're going to talk

899
00:45:11,480 --> 00:45:13,839
Speaker 2: to Callum Mallett after about that. After five point thirty

900
00:45:13,920 --> 00:45:17,360
Speaker 2: this evening, be interesting to see what days SkyCity chooses

901
00:45:17,440 --> 00:45:20,080
Speaker 2: to close down the casino will asking very shortly. Right now,

902
00:45:20,120 --> 00:45:21,360
Speaker 2: it's twenty one past five.

903
00:45:23,760 --> 00:45:26,280
Speaker 3: The then you trust to get the answers you need.

904
00:45:26,600 --> 00:45:29,920
Speaker 1: Jack tam On, Heather Duplice, Alan drive with one New

905
00:45:30,000 --> 00:45:31,120
Speaker 1: Zealand let's.

906
00:45:30,880 --> 00:45:32,799
Speaker 3: Get connected a news talk as they'd be.

907
00:45:33,520 --> 00:45:35,879
Speaker 2: I mean, it is curious that at the same time

908
00:45:36,040 --> 00:45:39,560
Speaker 2: as we are expecting the unemployment rate to substantially increase,

909
00:45:39,880 --> 00:45:42,640
Speaker 2: the government's making life for beneficiaries a whole lot tougher

910
00:45:42,640 --> 00:45:45,120
Speaker 2: than under the previous regime. They're doing a few different

911
00:45:45,120 --> 00:45:48,759
Speaker 2: things right. They are changing the indexing for benefits, which

912
00:45:48,800 --> 00:45:51,920
Speaker 2: means that beneficiaries will will receive less money than they

913
00:45:51,960 --> 00:45:55,680
Speaker 2: would have under the old system. They're introducing phone based

914
00:45:55,920 --> 00:45:59,680
Speaker 2: check in for job seekers, especially young job seekers receiving

915
00:45:59,680 --> 00:46:03,319
Speaker 2: a bean. And they're substantially cracking down on people who

916
00:46:03,400 --> 00:46:07,200
Speaker 2: don't meet the various requirements with benefit sanctions. So the

917
00:46:07,280 --> 00:46:09,720
Speaker 2: latest number from the Ministry of Social Development suggests benefit

918
00:46:09,760 --> 00:46:12,040
Speaker 2: sanctions have surged up more than fifty percent on the

919
00:46:12,080 --> 00:46:15,160
Speaker 2: same period last year to a total of more than

920
00:46:15,280 --> 00:46:19,960
Speaker 2: ten thousand. Now, say what you will about sanctions, I'm

921
00:46:20,040 --> 00:46:24,239
Speaker 2: sure personally that a carrot and stick approach is necessary

922
00:46:24,280 --> 00:46:28,160
Speaker 2: to get some people back to work. Although and when

923
00:46:28,200 --> 00:46:31,799
Speaker 2: looked up, the old Welfare Expert Advisory Group, and their

924
00:46:31,800 --> 00:46:35,360
Speaker 2: report agreed with Ricardo. It found there was no evidence

925
00:46:35,480 --> 00:46:38,840
Speaker 2: that actually sanctions were effective across the board and getting

926
00:46:38,880 --> 00:46:42,919
Speaker 2: people back to work. I got to say, though, there

927
00:46:42,960 --> 00:46:45,799
Speaker 2: is one part of the policy I really take issue with.

928
00:46:46,200 --> 00:46:48,320
Speaker 2: I think that a carrot and stick approach is fine

929
00:46:48,640 --> 00:46:51,640
Speaker 2: for some beneficiaries. If they miss their obligations, they can

930
00:46:51,680 --> 00:46:55,480
Speaker 2: be sanctioned. But I don't think there are any circumstances

931
00:46:55,520 --> 00:46:59,240
Speaker 2: that can morally justify cutting the benefit to someone with kids.

932
00:47:00,760 --> 00:47:02,919
Speaker 2: We don't know how many times that has happened under

933
00:47:02,920 --> 00:47:05,080
Speaker 2: this government, yet the data from the Ministry of Social

934
00:47:05,120 --> 00:47:08,200
Speaker 2: Development doesn't break it down. And don't forget labor sanctioned

935
00:47:08,320 --> 00:47:12,600
Speaker 2: beneficiaries who are pearents as well. But under the government's policy,

936
00:47:12,719 --> 00:47:14,880
Speaker 2: a parent on a benefit who fails to fulfill their

937
00:47:14,880 --> 00:47:18,320
Speaker 2: obligations can see their benefit cut up to fifty percent.

938
00:47:19,800 --> 00:47:22,920
Speaker 2: The thing is, though none of us choose who were

939
00:47:22,920 --> 00:47:25,840
Speaker 2: born to there are far too many kids in this

940
00:47:25,880 --> 00:47:29,800
Speaker 2: country born into unstable, unsafe homes. But they didn't choose

941
00:47:29,840 --> 00:47:33,000
Speaker 2: their appearance any more than you or I did. And

942
00:47:33,200 --> 00:47:38,120
Speaker 2: whatever punitive incentive might be realized by cutting a parent's benefit,

943
00:47:38,239 --> 00:47:41,400
Speaker 2: surely cannot justify the risk that, as a result of

944
00:47:41,440 --> 00:47:45,120
Speaker 2: cutting it, their kid goes hungry or cold for another night.

945
00:47:45,160 --> 00:47:48,239
Speaker 2: And let's be honest, that just costs us more down

946
00:47:48,280 --> 00:47:52,760
Speaker 2: the track. This is surely what social investment is all about.

947
00:47:53,120 --> 00:47:56,840
Speaker 2: A parent on a benefit, repeatedly failing in their obligations

948
00:47:57,160 --> 00:47:59,680
Speaker 2: should not be caused for a sanction. It should be

949
00:47:59,760 --> 00:48:04,759
Speaker 2: called for a more constructive intervention. Good Team ninety two

950
00:48:05,040 --> 00:48:07,120
Speaker 2: ninety two. This issue has certainly got your fired up

951
00:48:07,120 --> 00:48:08,960
Speaker 2: this evening. Jack the doll is the same as a

952
00:48:09,000 --> 00:48:11,799
Speaker 2: state house. It is a hand up as far as

953
00:48:11,880 --> 00:48:14,880
Speaker 2: I'm concerned. Simple, you've got obligations if you are receiving

954
00:48:14,920 --> 00:48:17,319
Speaker 2: that money. Craig says, this is exactly what's wrong with

955
00:48:17,440 --> 00:48:21,000
Speaker 2: New Zealand. He disagrees with Ricardo men Inde's march. He says,

956
00:48:21,200 --> 00:48:22,840
Speaker 2: when it comes down to it, you've got to be

957
00:48:22,880 --> 00:48:25,160
Speaker 2: up for any job. I've cleaned toilets, I've dug holes,

958
00:48:25,160 --> 00:48:27,360
Speaker 2: I've done everything in between. No such thing as a

959
00:48:27,360 --> 00:48:30,359
Speaker 2: shitty job. As the MP suggested, give us your thoughts.

960
00:48:30,440 --> 00:48:32,640
Speaker 2: Ninety two ninety two is the text number jacket Newstalk

961
00:48:32,719 --> 00:48:34,800
Speaker 2: ZIDB dot CO dot MZ. We will ask our huddle

962
00:48:34,800 --> 00:48:38,000
Speaker 2: about that before six o'clock, deceiving Richard Hill's and David

963
00:48:38,040 --> 00:48:40,640
Speaker 2: Farrer in with us. It's almost time for the five

964
00:48:40,719 --> 00:48:44,000
Speaker 2: thirty years you're with Jack Tame. This is Newstalk ZB.

965
00:48:46,120 --> 00:48:48,680
Speaker 1: On your smart speaker, on the iHeart app and in

966
00:48:48,760 --> 00:48:51,840
Speaker 1: your car on your drive home, it's Jack Tame on

967
00:48:52,000 --> 00:48:55,600
Speaker 1: Heather Duplicy Alan drive with one New Zealand let's get

968
00:48:55,640 --> 00:48:57,279
Speaker 1: connected and New Talk z B.

969
00:49:10,719 --> 00:49:14,600
Speaker 2: Northland MP Graham McCallum has sent a letter to the

970
00:49:14,680 --> 00:49:17,920
Speaker 2: head of Transpower demanding compensation for the good people of

971
00:49:18,000 --> 00:49:20,239
Speaker 2: north On one hundred thousand customers the course affected by

972
00:49:20,239 --> 00:49:22,799
Speaker 2: that power outage after the pylon fell over. Why because

973
00:49:22,840 --> 00:49:24,719
Speaker 2: the pilon didn't have the nuts securing it to the

974
00:49:24,760 --> 00:49:27,600
Speaker 2: ground anyway. He's come up with a novel but quite

975
00:49:27,680 --> 00:49:30,960
Speaker 2: reasonable suggestion. He suggested that Transpower should cut the transmission

976
00:49:31,000 --> 00:49:34,800
Speaker 2: fees for its Northland customers for the next year. Grant's

977
00:49:34,840 --> 00:49:36,520
Speaker 2: going to be with us after six o'clock this evening.

978
00:49:36,520 --> 00:49:38,680
Speaker 2: We'll ask our huddle about that very shortly as well.

979
00:49:38,880 --> 00:49:41,560
Speaker 2: David Farah, Richard Hill's the huddle for this evening right now.

980
00:49:41,600 --> 00:49:44,719
Speaker 2: It is twenty five minutes to sex Team and sky

981
00:49:44,760 --> 00:49:47,520
Speaker 2: City has agreed to shut its casino for five days

982
00:49:47,560 --> 00:49:50,600
Speaker 2: at a cost of about five million dollars. It comes

983
00:49:50,640 --> 00:49:54,480
Speaker 2: after an internal affairs investigation found twenty three incidents where

984
00:49:54,520 --> 00:49:58,240
Speaker 2: customers were able to gamble continuously. Sky City has admitted

985
00:49:58,320 --> 00:50:02,320
Speaker 2: it breached its harm minimization obligations. Callum Mallett, sky City's

986
00:50:02,400 --> 00:50:06,200
Speaker 2: chief operating officer, and is with us a scevning Hi Callum, Hi, Jack,

987
00:50:06,320 --> 00:50:08,799
Speaker 2: So what was the absolute worst case scenario here? What

988
00:50:08,880 --> 00:50:10,760
Speaker 2: was the longest continuous gambling case?

989
00:50:13,239 --> 00:50:16,759
Speaker 6: Well, Jack, in this stance, since there were twenty three

990
00:50:16,840 --> 00:50:21,239
Speaker 6: instances for one player, and you know, we have an

991
00:50:21,239 --> 00:50:24,680
Speaker 6: obligation at the five hour mark to ensure that we

992
00:50:24,719 --> 00:50:28,920
Speaker 6: have interactions with a customer, and we failed to do that,

993
00:50:29,280 --> 00:50:32,160
Speaker 6: and you know we're sorry for that and we are

994
00:50:32,239 --> 00:50:33,760
Speaker 6: focused on getting better.

995
00:50:33,960 --> 00:50:37,040
Speaker 2: So this was twenty three incidents where that player was

996
00:50:37,040 --> 00:50:40,920
Speaker 2: able to play for more than five hours, correct, yeesh?

997
00:50:41,520 --> 00:50:42,360
Speaker 2: How did this happen?

998
00:50:43,560 --> 00:50:45,759
Speaker 6: Well, it was over a four year period, Jack, And

999
00:50:46,400 --> 00:50:49,839
Speaker 6: you know, we rely on both people but also on

1000
00:50:49,920 --> 00:50:53,480
Speaker 6: technology to alert us to instances where people haven't had

1001
00:50:53,840 --> 00:50:56,279
Speaker 6: the required breaks that they need to under our host

1002
00:50:56,320 --> 00:51:00,560
Speaker 6: responsibility program. And we didn't get it right, and since

1003
00:51:00,600 --> 00:51:03,560
Speaker 6: twenty twenty one, we have been focused on a significant

1004
00:51:03,680 --> 00:51:07,960
Speaker 6: risk management transformation program, which is included adding significant numbers

1005
00:51:08,000 --> 00:51:12,399
Speaker 6: of people, significant competency and risk expertise from board level

1006
00:51:12,480 --> 00:51:15,839
Speaker 6: right the way through the business and ensuring that we

1007
00:51:16,040 --> 00:51:19,480
Speaker 6: are really focused on training. On top of that, we're

1008
00:51:19,520 --> 00:51:24,840
Speaker 6: also also introducing mandatory carded play across our New Zealand

1009
00:51:25,239 --> 00:51:27,799
Speaker 6: businesses from the middle of the next year. Essentially, what

1010
00:51:27,840 --> 00:51:30,080
Speaker 6: that means is if you don't have a card, you

1011
00:51:30,120 --> 00:51:32,160
Speaker 6: won't be able to play at our casinos and we

1012
00:51:32,200 --> 00:51:35,759
Speaker 6: will use those cards to help track time and and

1013
00:51:35,840 --> 00:51:39,080
Speaker 6: for people. But really importantly people themselves will be able

1014
00:51:39,120 --> 00:51:43,160
Speaker 6: to use that information to monitor themselves and will lock

1015
00:51:43,239 --> 00:51:46,000
Speaker 6: them shemes up. But you know' here dak Yeah, as

1016
00:51:46,200 --> 00:51:48,880
Speaker 6: one thing, you know, we're really gutted about this. We

1017
00:51:48,960 --> 00:51:52,160
Speaker 6: failed this customer and we're sorry for that and we're

1018
00:51:52,200 --> 00:51:53,920
Speaker 6: focused on getting better. Yeah.

1019
00:51:54,560 --> 00:51:57,279
Speaker 2: So when you say there was a technology fail as

1020
00:51:57,360 --> 00:51:59,719
Speaker 2: well as the human element in this, what was the

1021
00:51:59,719 --> 00:52:00,800
Speaker 2: technology fail?

1022
00:52:02,160 --> 00:52:04,680
Speaker 6: So we have we use a number of technologies. One

1023
00:52:04,680 --> 00:52:07,680
Speaker 6: of those technologies that we use at the time was

1024
00:52:07,719 --> 00:52:11,200
Speaker 6: an alert that essentially monitored how long people are on

1025
00:52:11,239 --> 00:52:14,360
Speaker 6: a machine for and then would send us an alert.

1026
00:52:14,480 --> 00:52:16,960
Speaker 6: And you know that wasn't set right. We fixed that.

1027
00:52:17,440 --> 00:52:18,319
Speaker 2: How does it know how long?

1028
00:52:18,360 --> 00:52:21,479
Speaker 6: So it's been on a machine when they're using a card?

1029
00:52:21,880 --> 00:52:22,040
Speaker 4: Ah?

1030
00:52:22,120 --> 00:52:25,400
Speaker 2: Right, So that was previously only our cards, Yeah, but

1031
00:52:25,719 --> 00:52:26,719
Speaker 2: not every one had to have.

1032
00:52:26,680 --> 00:52:30,680
Speaker 6: A card right, correct, And so we've introduced since twenty

1033
00:52:30,760 --> 00:52:34,840
Speaker 6: nineteen facial recognition technology, which not only helps us with

1034
00:52:35,000 --> 00:52:38,320
Speaker 6: excluded and banned players at the front door, but also

1035
00:52:38,440 --> 00:52:42,400
Speaker 6: helps us to monitor for continuous play for that long place.

1036
00:52:42,440 --> 00:52:45,160
Speaker 6: So we're making sure we have those chickens. But the

1037
00:52:45,160 --> 00:52:48,839
Speaker 6: technology is really important, but the people are the most

1038
00:52:48,840 --> 00:52:52,600
Speaker 6: important piece jack making sure that they're trained and looking

1039
00:52:52,600 --> 00:52:55,400
Speaker 6: for those signs and wrapping that care around the customers.

1040
00:52:55,719 --> 00:53:00,399
Speaker 6: There's fundamental. But there's no question mandatory carded play will

1041
00:53:00,440 --> 00:53:02,360
Speaker 6: be a significant help for us in this space.

1042
00:53:02,520 --> 00:53:06,120
Speaker 2: Yeah, so can you pick which days the casino will

1043
00:53:06,120 --> 00:53:06,680
Speaker 2: close down?

1044
00:53:08,480 --> 00:53:13,359
Speaker 6: We can't know the days. A natural of Friday, and

1045
00:53:13,600 --> 00:53:16,600
Speaker 6: we need to work with the d i ACA is

1046
00:53:16,640 --> 00:53:20,320
Speaker 6: on the basis the Gambling Commission signs off on this acreement.

1047
00:53:21,320 --> 00:53:24,399
Speaker 6: We will then choose a week that the DA needs

1048
00:53:24,440 --> 00:53:25,520
Speaker 6: to approve.

1049
00:53:25,600 --> 00:53:27,480
Speaker 2: What would be the busiest days of the week for

1050
00:53:27,520 --> 00:53:28,440
Speaker 2: the casino.

1051
00:53:29,160 --> 00:53:31,320
Speaker 6: Our Fridays and Saturdays traditionally.

1052
00:53:31,040 --> 00:53:35,560
Speaker 2: Right, so if the plan goes through, sky City will

1053
00:53:35,560 --> 00:53:37,440
Speaker 2: still be open on a Saturday, although would be closed

1054
00:53:37,480 --> 00:53:38,120
Speaker 2: on Friday night.

1055
00:53:39,520 --> 00:53:42,800
Speaker 6: Correctly, we close on the Friday night, putting aside the

1056
00:53:42,880 --> 00:53:45,319
Speaker 6: day's gap. You know, what we want to make sure

1057
00:53:45,440 --> 00:53:47,920
Speaker 6: that we reflect on here is that you know, we're

1058
00:53:47,960 --> 00:53:51,280
Speaker 6: really disappointed by this. We're guts and the financial penalty

1059
00:53:51,320 --> 00:53:53,880
Speaker 6: is one thing, and the impact you know, to start,

1060
00:53:53,960 --> 00:53:58,160
Speaker 6: et cetera. But you know, we failed here and we

1061
00:53:58,200 --> 00:54:00,880
Speaker 6: want to get better at moving forward, and we're using this.

1062
00:54:01,040 --> 00:54:04,960
Speaker 6: It's just another focus point for us to continuously improve.

1063
00:54:05,200 --> 00:54:07,240
Speaker 2: When you say the impact on staff, will your staff

1064
00:54:07,280 --> 00:54:11,120
Speaker 2: still be paid for those days that they're not working, Yes, they.

1065
00:54:11,040 --> 00:54:13,080
Speaker 6: Will still be paid. But it's the impact of a

1066
00:54:13,200 --> 00:54:15,080
Speaker 6: day like this. You know, I don't want to be

1067
00:54:15,200 --> 00:54:17,000
Speaker 6: on a call with you talking about this where we

1068
00:54:17,040 --> 00:54:19,120
Speaker 6: failed and our staff, you know, don't want to be

1069
00:54:19,120 --> 00:54:21,759
Speaker 6: having conversations with their families and friends about this, and

1070
00:54:22,200 --> 00:54:25,160
Speaker 6: you know, so we're deeply gutted by it and we

1071
00:54:25,200 --> 00:54:25,879
Speaker 6: want to get better.

1072
00:54:26,080 --> 00:54:28,680
Speaker 2: Thanks for finding up, Callum, appreciate it. That is Callum mallop.

1073
00:54:28,680 --> 00:54:31,239
Speaker 2: Thanks Jack, he's the chief operating officer of Sky City,

1074
00:54:31,320 --> 00:54:34,160
Speaker 2: New Zealand. Right now is twenty to six The Huddle.

1075
00:54:34,120 --> 00:54:39,400
Speaker 1: With New Zealand, Southerby's International Realty, Exceptional Marketing for every property.

1076
00:54:39,360 --> 00:54:42,480
Speaker 2: Huddler's thisce Evening, Keewi Block and Curry Oppolster, David Ferrer

1077
00:54:42,560 --> 00:54:46,600
Speaker 2: and Auckland Council, the Richard Hills kild Acordawa. Hello and Richard.

1078
00:54:46,640 --> 00:54:49,400
Speaker 2: I'll turn on your microphone. There we go. Great to

1079
00:54:49,400 --> 00:54:51,640
Speaker 2: have you both here. Listen, let's start off with you Richard.

1080
00:54:51,680 --> 00:54:54,000
Speaker 2: So the benefit sanctions has everyone going at the moment,

1081
00:54:54,000 --> 00:54:56,680
Speaker 2: they've gone up more than fifty percent over the same

1082
00:54:56,719 --> 00:54:59,440
Speaker 2: period from last year. Is this what we need to

1083
00:54:59,480 --> 00:55:01,520
Speaker 2: get people to comply with the rules?

1084
00:55:02,000 --> 00:55:02,160
Speaker 10: Yeah?

1085
00:55:02,200 --> 00:55:05,160
Speaker 20: I mean, I guess some would say it's a social contract,

1086
00:55:05,160 --> 00:55:07,600
Speaker 20: and there are already sanctions that were in place. But

1087
00:55:07,680 --> 00:55:11,640
Speaker 20: to see quite that dragmatic uplift while unemployment's going up

1088
00:55:11,760 --> 00:55:13,560
Speaker 20: and benefits are going up and there's not a lot

1089
00:55:13,560 --> 00:55:17,239
Speaker 20: of jobs out there is pretty concerning. And the other

1090
00:55:17,280 --> 00:55:19,759
Speaker 20: thing I think that most of the studies show here

1091
00:55:19,800 --> 00:55:22,680
Speaker 20: and internationally is that benefit sanctions don't actually work. They

1092
00:55:22,680 --> 00:55:25,359
Speaker 20: don't work to get people in some meaningful employment. It's

1093
00:55:25,400 --> 00:55:28,799
Speaker 20: things like education and training, and the majority of people

1094
00:55:28,840 --> 00:55:31,279
Speaker 20: in New Zealand don't stay on and benefit longer than

1095
00:55:31,320 --> 00:55:31,960
Speaker 20: around a year.

1096
00:55:32,200 --> 00:55:36,040
Speaker 2: Yeah, although these are obviously tricky economic times, it's interesting

1097
00:55:36,080 --> 00:55:40,480
Speaker 2: that this government's been quite deliberate, haven't they, David, in

1098
00:55:40,480 --> 00:55:44,879
Speaker 2: increasing sanctions, changing index for beneficiaries, are increasing the obligations

1099
00:55:44,880 --> 00:55:48,080
Speaker 2: for young people to have phone conversations with their managers,

1100
00:55:48,080 --> 00:55:50,560
Speaker 2: while at the same time we're expecting a surge in unemployment.

1101
00:55:51,680 --> 00:55:52,279
Speaker 5: Well, and is that.

1102
00:55:52,440 --> 00:55:56,319
Speaker 7: Belief that it's not good in the long term to

1103
00:55:56,360 --> 00:56:00,080
Speaker 7: be on well for stended period. I think every on

1104
00:56:00,160 --> 00:56:03,480
Speaker 7: the New Zealand since Michael Joseph seven days, want us

1105
00:56:03,520 --> 00:56:06,080
Speaker 7: to have a good welfare state for those who have

1106
00:56:06,320 --> 00:56:10,720
Speaker 7: short term need, but that hard core who do stay

1107
00:56:10,760 --> 00:56:15,160
Speaker 7: on for sometimes two, three, five, eight years and do

1108
00:56:15,360 --> 00:56:18,400
Speaker 7: need a bit of prodding. Who all the social investment

1109
00:56:18,400 --> 00:56:23,040
Speaker 7: advice is. This is the biggest precursor of problems in

1110
00:56:23,120 --> 00:56:25,719
Speaker 7: children's life, as if they grow up in a household

1111
00:56:25,800 --> 00:56:29,000
Speaker 7: where none of the adults are actual unemployment. So it's

1112
00:56:29,080 --> 00:56:33,040
Speaker 7: a bit of a being tough to be kind yeah,

1113
00:56:33,080 --> 00:56:35,839
Speaker 7: where you know it's giving them that posh to say

1114
00:56:35,920 --> 00:56:40,360
Speaker 7: lots yo, make sure you are still doing job interviews.

1115
00:56:40,400 --> 00:56:42,600
Speaker 7: You're not just sitting there saying it's too hard.

1116
00:56:42,800 --> 00:56:43,000
Speaker 5: Yeah.

1117
00:56:43,080 --> 00:56:46,040
Speaker 2: My issue is with the parents though, Like I can

1118
00:56:46,120 --> 00:56:50,120
Speaker 2: understand you sanctions for for single people or people who

1119
00:56:50,120 --> 00:56:52,719
Speaker 2: don't have other people who for whom they're responsible in

1120
00:56:52,760 --> 00:56:55,160
Speaker 2: their lives. But don't you think it's it's a bit

1121
00:56:55,280 --> 00:56:59,400
Speaker 2: rough to be punishing children for the actions of their parents.

1122
00:56:59,440 --> 00:57:03,920
Speaker 7: David, Well, it does come down to whether it's the

1123
00:57:04,080 --> 00:57:07,080
Speaker 7: children being punished because you make assumption that every dollar

1124
00:57:07,160 --> 00:57:10,000
Speaker 7: their spending is actually going on the children, which isn't.

1125
00:57:10,280 --> 00:57:14,279
Speaker 2: No, But if it's like, if you're sanctioning, sanctioning a

1126
00:57:14,400 --> 00:57:17,760
Speaker 2: parent at the risk of their child maybe going hungry

1127
00:57:17,880 --> 00:57:21,000
Speaker 2: or having a cold night or something, is that honestly

1128
00:57:21,040 --> 00:57:24,000
Speaker 2: a better option, even if it does have some sort

1129
00:57:24,000 --> 00:57:27,000
Speaker 2: of effect in prodding the parent, Is that honestly a

1130
00:57:27,040 --> 00:57:29,560
Speaker 2: better option than just saying, you know what, was going

1131
00:57:29,600 --> 00:57:32,680
Speaker 2: to continue paying this benefit knowing that there may be

1132
00:57:32,680 --> 00:57:35,480
Speaker 2: a slightly higher chance that this kid is going to

1133
00:57:35,520 --> 00:57:36,760
Speaker 2: have a warm meal in their belly.

1134
00:57:37,360 --> 00:57:39,479
Speaker 7: Yeah, it comes to short term this long term. First

1135
00:57:39,480 --> 00:57:42,840
Speaker 7: of all, there's still emergency grunts. Yeah, no one should

1136
00:57:42,920 --> 00:57:45,520
Speaker 7: be gained hungry. We actually give about hundreds of thousands

1137
00:57:45,520 --> 00:57:48,560
Speaker 7: of emergency grunts every year to help people in that

1138
00:57:48,640 --> 00:57:51,920
Speaker 7: short term need, and you don't lose your eligibility for those.

1139
00:57:52,360 --> 00:57:55,080
Speaker 7: But again, if you look at what's going to affect

1140
00:57:55,080 --> 00:57:58,880
Speaker 7: these kids most in life, it's not gain hungry one day.

1141
00:57:59,480 --> 00:58:03,280
Speaker 7: It overwhelmingly growing up on a household where is no

1142
00:58:03,360 --> 00:58:04,000
Speaker 7: one working.

1143
00:58:04,320 --> 00:58:07,560
Speaker 20: Yeah, yeah, I mean, I think once again it is

1144
00:58:07,600 --> 00:58:10,560
Speaker 20: around that punishment. It's about the government feeling, you know,

1145
00:58:10,720 --> 00:58:12,840
Speaker 20: good about doing it. I think the biggest sanction of

1146
00:58:12,840 --> 00:58:14,880
Speaker 20: being on a benefits getting paid three hundred and fifty

1147
00:58:14,880 --> 00:58:18,480
Speaker 20: odd or whatever. It is a week like it's pretty

1148
00:58:19,120 --> 00:58:21,840
Speaker 20: not a great life. And I think, you know, all

1149
00:58:21,880 --> 00:58:24,960
Speaker 20: the stats say most people trying to get off a benefit.

1150
00:58:25,040 --> 00:58:27,720
Speaker 20: And actually these sanctions can make you in a shame spiral.

1151
00:58:28,080 --> 00:58:30,560
Speaker 20: You have to sit in a group with random people

1152
00:58:30,600 --> 00:58:33,120
Speaker 20: in those A lot of those work kind of conferences

1153
00:58:33,200 --> 00:58:34,600
Speaker 20: don't actually lead to employment.

1154
00:58:34,640 --> 00:58:37,400
Speaker 2: That's what the studies say. In New Zealand anyway, David

1155
00:58:37,520 --> 00:58:40,400
Speaker 2: Joe Biden has COVID nineteen. The vultures are circling. I

1156
00:58:40,440 --> 00:58:43,760
Speaker 2: can't think of a senior Democrat who hasn't leaked it.

1157
00:58:43,800 --> 00:58:46,280
Speaker 2: They had a conversation telling the President to stand down.

1158
00:58:46,280 --> 00:58:47,480
Speaker 2: How long do you give them?

1159
00:58:48,520 --> 00:58:51,360
Speaker 7: Well, I would have thought it would have happened by now.

1160
00:58:51,840 --> 00:58:55,200
Speaker 7: The COVID might be the last store, because yeah, you

1161
00:58:55,280 --> 00:58:58,040
Speaker 7: should judge someone up again COVID. But just as Trump

1162
00:58:58,120 --> 00:59:03,320
Speaker 7: is looking like Superman, dogs Jean Bullets rallies at Strap Yeah. Yeah,

1163
00:59:03,360 --> 00:59:06,560
Speaker 7: and he's trying to not have people focus on he's

1164
00:59:06,680 --> 00:59:10,560
Speaker 7: old coming down with COVID, you know, just as such

1165
00:59:10,560 --> 00:59:13,320
Speaker 7: a big contract. But the more serious stuff is that

1166
00:59:13,880 --> 00:59:18,200
Speaker 7: finally Pelosi and Shuma, the leaders of the Democratic Party,

1167
00:59:18,240 --> 00:59:22,160
Speaker 7: and Jeffreys and Congress have told him privately, you need

1168
00:59:22,200 --> 00:59:25,840
Speaker 7: to go, but he's refusing, So of course they've leap

1169
00:59:25,920 --> 00:59:29,800
Speaker 7: these conversations. So now it's all wrong. Once those seeing

1170
00:59:29,840 --> 00:59:32,480
Speaker 7: your leaders start leaking that we've told him to go,

1171
00:59:32,680 --> 00:59:34,480
Speaker 7: I can't see a way he survives.

1172
00:59:34,680 --> 00:59:37,000
Speaker 20: Yeah, yeah, I mean I think I feel like the

1173
00:59:37,040 --> 00:59:39,080
Speaker 20: COVID is a bit of this is the way they

1174
00:59:39,120 --> 00:59:39,440
Speaker 20: do it.

1175
00:59:39,600 --> 00:59:40,520
Speaker 2: Like I'm too sick.

1176
00:59:40,680 --> 00:59:41,400
Speaker 9: I can't go on.

1177
00:59:41,800 --> 00:59:43,000
Speaker 2: Yeah, you can kind of tell.

1178
00:59:43,040 --> 00:59:45,080
Speaker 20: I mean, the sad thing is for him in America

1179
00:59:45,160 --> 00:59:46,720
Speaker 20: is that he hasn't really done anything wrong. It's been

1180
00:59:46,760 --> 00:59:50,640
Speaker 20: quite successful as a president. But he's just like I

1181
00:59:50,680 --> 00:59:54,360
Speaker 20: guess made a few stumbles. Yeah, he's incoherent, but I

1182
00:59:54,360 --> 00:59:58,480
Speaker 20: mean so is Trump. He's just on purpose, like pretty wild.

1183
00:59:58,880 --> 01:00:02,040
Speaker 20: I mean he had to get shot, which is just extraordinary. Yeah,

1184
01:00:02,160 --> 01:00:04,520
Speaker 20: things that have happened in this campaign already. But I

1185
01:00:04,520 --> 01:00:06,400
Speaker 20: think it won't be long. I think the issue is

1186
01:00:06,400 --> 01:00:09,160
Speaker 20: the Democrats and Biden have to decide is it too

1187
01:00:09,160 --> 01:00:11,320
Speaker 20: hard to switch them out or is it too hard

1188
01:00:11,360 --> 01:00:12,959
Speaker 20: to have Trump for four years?

1189
01:00:13,040 --> 01:00:14,360
Speaker 9: They have to decide what that is.

1190
01:00:14,440 --> 01:00:17,320
Speaker 2: Yeah, I reckon, So I reckon. Within the next two weeks,

1191
01:00:17,360 --> 01:00:19,600
Speaker 2: You've had the Republican National Convention. Trump has his big

1192
01:00:19,600 --> 01:00:21,480
Speaker 2: speech tomorrow. Joe Biden gets a bit of time to

1193
01:00:21,520 --> 01:00:23,560
Speaker 2: google himself while he's at home with COVID. He's going

1194
01:00:23,600 --> 01:00:25,160
Speaker 2: to work out that no one wants him to stand.

1195
01:00:25,520 --> 01:00:26,760
Speaker 2: That'll be the end of that. We're back with a

1196
01:00:26,800 --> 01:00:28,880
Speaker 2: huddle in a couple of minutes, David Farah, Richard Hills.

1197
01:00:28,960 --> 01:00:31,680
Speaker 2: Right now, it's fourteen to six, eleven to six. You

1198
01:00:31,760 --> 01:00:33,600
Speaker 2: were Jack taim on news Stork said, b how a

1199
01:00:33,640 --> 01:00:36,640
Speaker 2: huddle this evening David Farrer and Richard Hills and Associate

1200
01:00:36,680 --> 01:00:39,760
Speaker 2: Health Minister Casey Costello has cut the excise tax on

1201
01:00:39,840 --> 01:00:44,120
Speaker 2: some tobacco products heated tobacco products by fifty percent, she says,

1202
01:00:44,160 --> 01:00:46,240
Speaker 2: to make them a more attractive alternative to smoking.

1203
01:00:46,280 --> 01:00:50,200
Speaker 7: What do you think, David, Well, I'm surprised it wasn't

1204
01:00:50,240 --> 01:00:54,040
Speaker 7: already the case because these all two us of too

1205
01:00:54,440 --> 01:00:58,680
Speaker 7: smoke tobacco. Definitely not saying you should do, but they're

1206
01:00:58,840 --> 01:01:03,960
Speaker 7: much much less hard, so it's illogical to actually text

1207
01:01:04,040 --> 01:01:06,960
Speaker 7: them at the same rate as you tax smoke tobacco.

1208
01:01:08,200 --> 01:01:11,240
Speaker 7: So I think it's entirely sensible. It's just the reason

1209
01:01:11,240 --> 01:01:14,240
Speaker 7: why vapen isn't text it the same rate too, because

1210
01:01:14,680 --> 01:01:18,040
Speaker 7: if people are already smoking, you'd rather they go to

1211
01:01:18,240 --> 01:01:21,120
Speaker 7: lesser harm products as long as you acknowledge that it's

1212
01:01:21,120 --> 01:01:21,960
Speaker 7: not zero harm.

1213
01:01:22,120 --> 01:01:25,040
Speaker 20: Yeah, Richard, I mean I had to read this twice

1214
01:01:25,560 --> 01:01:27,720
Speaker 20: to really like, you know, what the heck has happened.

1215
01:01:27,720 --> 01:01:29,600
Speaker 20: First of all, they get rid of our world leading

1216
01:01:29,600 --> 01:01:32,800
Speaker 20: smoke free legislation kind of overnight, which said more people

1217
01:01:32,840 --> 01:01:38,040
Speaker 20: will die from smoking. Then this happens, and even the

1218
01:01:38,040 --> 01:01:41,200
Speaker 20: World Health Organization says there's no evidence that says these

1219
01:01:41,200 --> 01:01:45,560
Speaker 20: are better for your house or better for even secondhand smoking.

1220
01:01:45,640 --> 01:01:49,520
Speaker 20: They are marketed to younger people. There isn't evidence saying

1221
01:01:49,520 --> 01:01:51,560
Speaker 20: that they're being used to quit smoking, and if they

1222
01:01:51,600 --> 01:01:54,440
Speaker 20: are being used to quit smoking, then they're just getting

1223
01:01:54,440 --> 01:01:57,520
Speaker 20: you addicted on something else that could be equally as harmful.

1224
01:01:57,520 --> 01:02:00,200
Speaker 20: So it's bizarre to me, even in the language, just

1225
01:02:00,240 --> 01:02:02,960
Speaker 20: to make them more attractive than this thing. Yeah, it's

1226
01:02:03,120 --> 01:02:04,360
Speaker 20: it's it's bizarre to me.

1227
01:02:04,600 --> 01:02:09,240
Speaker 2: And the battle for compensation between Northlanders and Transpower has

1228
01:02:09,240 --> 01:02:11,800
Speaker 2: stepped up or not. North and MP Grant mcallum has

1229
01:02:12,120 --> 01:02:16,240
Speaker 2: sent a letter to the acting CEO of Transpower demanding

1230
01:02:16,280 --> 01:02:20,600
Speaker 2: compensation for customers in Northland and suggesting that perhaps Northland

1231
01:02:20,880 --> 01:02:23,200
Speaker 2: customers could have their bills cut for a year or so.

1232
01:02:23,280 --> 01:02:25,440
Speaker 2: That that seems like a just outcome, doesn't it.

1233
01:02:26,080 --> 01:02:27,760
Speaker 20: I think, good on them, like he's a new MP,

1234
01:02:28,160 --> 01:02:30,200
Speaker 20: Like that is what a good MP does.

1235
01:02:30,560 --> 01:02:31,400
Speaker 9: It won't happen.

1236
01:02:31,480 --> 01:02:34,560
Speaker 20: It was whether how ridiculous it was, it was still

1237
01:02:34,560 --> 01:02:37,080
Speaker 20: an accident that you know this would add precedent. But

1238
01:02:37,160 --> 01:02:39,400
Speaker 20: good on them, like that's what you do. You go

1239
01:02:39,440 --> 01:02:41,760
Speaker 20: out to bat for your residents. You try your best

1240
01:02:42,600 --> 01:02:45,320
Speaker 20: to get the outcome that they want. I doubt it

1241
01:02:45,360 --> 01:02:46,080
Speaker 20: will happen.

1242
01:02:46,200 --> 01:02:47,840
Speaker 2: Yeah, what are chances do you think? David?

1243
01:02:48,760 --> 01:02:51,360
Speaker 7: I am not great, but maybe this should be a

1244
01:02:51,400 --> 01:02:55,200
Speaker 7: president what transpowering? You tell he shouldn't be held libel

1245
01:02:55,480 --> 01:03:02,080
Speaker 7: for genuine accidents. Yeah, yeah, lightning strikes.

1246
01:03:02,680 --> 01:03:05,240
Speaker 2: Maybe for an act of god. It was a genuine accident.

1247
01:03:05,280 --> 01:03:06,480
Speaker 2: It was just a hopeless accident.

1248
01:03:06,560 --> 01:03:10,000
Speaker 7: Was well, we unscrewed all the bolts.

1249
01:03:09,760 --> 01:03:11,680
Speaker 2: On the tower.

1250
01:03:12,800 --> 01:03:15,880
Speaker 7: It does need there to be some consequence or center

1251
01:03:16,000 --> 01:03:19,600
Speaker 7: for this not perhappen the game. Usually with companies, the

1252
01:03:19,720 --> 01:03:22,680
Speaker 7: financial consequence is the only one they listen to. Not

1253
01:03:22,760 --> 01:03:27,240
Speaker 7: that I'm sure that the higher up. Yeah, what said

1254
01:03:27,280 --> 01:03:29,240
Speaker 7: this was? You know, we still don't know.

1255
01:03:29,320 --> 01:03:33,280
Speaker 2: Why they do it, just yeah, I mean it seems

1256
01:03:33,280 --> 01:03:35,120
Speaker 2: bizarre to me. But there's there's nothing that I can

1257
01:03:35,200 --> 01:03:38,040
Speaker 2: understand from a legislative perspective that's going to require them.

1258
01:03:38,240 --> 01:03:39,920
Speaker 2: I mean, surely, David, they're just going to throve this

1259
01:03:39,960 --> 01:03:41,320
Speaker 2: over to the insurance companies, right.

1260
01:03:43,280 --> 01:03:46,200
Speaker 7: Well, what they might do is called goodwill. But but

1261
01:03:46,360 --> 01:03:49,840
Speaker 7: the problem is, I don't think Transpower has the ability

1262
01:03:50,120 --> 01:03:53,200
Speaker 7: to pass them on. You'd have to have all the

1263
01:03:53,240 --> 01:03:59,439
Speaker 7: retailers agree they have Transpower reduces its charges for that area.

1264
01:03:59,520 --> 01:04:00,640
Speaker 5: That they'll part on.

1265
01:04:00,840 --> 01:04:04,280
Speaker 7: And yeah, there's around eighteen different retailers.

1266
01:04:04,760 --> 01:04:08,640
Speaker 2: Unlikely Finally, guys. I know you're both sort of sartorial experts,

1267
01:04:08,680 --> 01:04:11,600
Speaker 2: but the latest fashion coming out of the Republican National

1268
01:04:11,600 --> 01:04:15,240
Speaker 2: Convention is that lots of Donald Trump supporters, literally dozens

1269
01:04:15,280 --> 01:04:18,200
Speaker 2: of them, are going around wearing bandages on their right ear.

1270
01:04:18,320 --> 01:04:20,360
Speaker 2: What do you think, Richard's it's a pretty slick look,

1271
01:04:20,400 --> 01:04:20,919
Speaker 2: don't you think?

1272
01:04:21,040 --> 01:04:21,240
Speaker 9: Yeah?

1273
01:04:21,280 --> 01:04:23,920
Speaker 20: I mean, every time I look at America, it's like

1274
01:04:23,920 --> 01:04:25,960
Speaker 20: a bad Simpsons episode, Like it's.

1275
01:04:25,920 --> 01:04:29,080
Speaker 2: Just I think these I honestly think these are legitimate,

1276
01:04:29,240 --> 01:04:32,280
Speaker 2: legitimately funny. I mean it's like, regardless of what you're said.

1277
01:04:32,320 --> 01:04:33,520
Speaker 9: They're not doing it to be funny.

1278
01:04:33,720 --> 01:04:36,560
Speaker 20: They're doing it to give honor to you know, he

1279
01:04:36,640 --> 01:04:39,480
Speaker 20: did get shot, which is just outrageous. Yeah, you know,

1280
01:04:39,520 --> 01:04:41,760
Speaker 20: two days later he's had his conference. But yeah, I

1281
01:04:41,800 --> 01:04:42,320
Speaker 20: did see that.

1282
01:04:43,560 --> 01:04:45,800
Speaker 2: Any political fashions that you think can compare with a

1283
01:04:45,800 --> 01:04:46,280
Speaker 2: bandage on.

1284
01:04:46,240 --> 01:04:46,880
Speaker 21: The year, David.

1285
01:04:47,600 --> 01:04:51,200
Speaker 7: The funniest thing about that bandage which I saw, and

1286
01:04:51,240 --> 01:04:54,160
Speaker 7: you have to know what team you are about, but

1287
01:04:54,320 --> 01:04:57,400
Speaker 7: the one that did what happens when you order a

1288
01:04:57,440 --> 01:05:01,960
Speaker 7: cushion off team move both of because Team U's famous

1289
01:05:02,000 --> 01:05:04,520
Speaker 7: for those who know that, yeah.

1290
01:05:03,880 --> 01:05:05,960
Speaker 2: As being a bit cheap, a like a bit you

1291
01:05:05,960 --> 01:05:09,000
Speaker 2: know sometimes yeah, no, good point. Hey, thank you David,

1292
01:05:09,000 --> 01:05:11,840
Speaker 2: really appreciate that. David Pharaoh. Richard Hill's our huddle this

1293
01:05:11,920 --> 01:05:14,200
Speaker 2: evening at six to six on.

1294
01:05:14,320 --> 01:05:17,000
Speaker 1: Your smart speaker, on the iHeart app, and in your

1295
01:05:17,040 --> 01:05:20,920
Speaker 1: car on your drive home. Heather duperic Allen drive with

1296
01:05:21,120 --> 01:05:25,360
Speaker 1: one New Zealand one giant leap for Business News Talk said, be.

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01:05:25,840 --> 01:05:27,720
Speaker 2: News Talks, he'd be thank you so much for your

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01:05:27,800 --> 01:05:30,120
Speaker 2: feedback this evening. Heaps and heaps of texts coming through,

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01:05:30,160 --> 01:05:32,960
Speaker 2: angusays Jack. Wouldn't it be great if government departments fronted

1300
01:05:33,040 --> 01:05:35,640
Speaker 2: up like the Sky City guy did this evening, Jack,

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01:05:36,200 --> 01:05:38,560
Speaker 2: I think a lot of people are underestimating just how

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01:05:38,600 --> 01:05:41,040
Speaker 2: bad the job market is at the moment. My partner,

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01:05:41,120 --> 01:05:43,840
Speaker 2: who is not on job seeker, has applied for every

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01:05:43,920 --> 01:05:46,760
Speaker 2: job in a thirty kilometer range for months and not

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01:05:46,840 --> 01:05:49,720
Speaker 2: one single interview. She's desperate to work and should not

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01:05:49,800 --> 01:05:51,920
Speaker 2: be punished because the market is so bad. I mean,

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01:05:51,960 --> 01:05:54,400
Speaker 2: this is one of the kind of tensions at the

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01:05:54,400 --> 01:05:56,440
Speaker 2: heart of all of these policies at the moment, right.

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01:05:56,480 --> 01:05:59,320
Speaker 2: But I suppose the counter argument to that is, even

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01:05:59,360 --> 01:06:01,400
Speaker 2: if you are someone who's desperate to work, if you

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01:06:01,440 --> 01:06:03,160
Speaker 2: are on a job so you could benefit and you

1312
01:06:03,240 --> 01:06:07,400
Speaker 2: have some basic obligations around meetings and conversations forms that

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01:06:07,560 --> 01:06:09,920
Speaker 2: have to fill out that kind of thing, then just

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01:06:09,960 --> 01:06:12,280
Speaker 2: do those things and you'll be fine. You'll be able

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01:06:12,280 --> 01:06:15,040
Speaker 2: to continue receiving your benefit. Jack, this government doesn't care

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01:06:15,040 --> 01:06:17,200
Speaker 2: about kids. They don't even want to give free lunches

1317
01:06:17,520 --> 01:06:19,280
Speaker 2: or for rentals to be warm. Why would they care

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01:06:19,320 --> 01:06:23,040
Speaker 2: if they sanctioned parents and it risks punishing those children.

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01:06:22,960 --> 01:06:25,840
Speaker 2: Ninety two. If you want to flick a message jacket

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01:06:25,840 --> 01:06:29,080
Speaker 2: Newstalks hedb dot co dot nz is my email address.

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01:06:29,120 --> 01:06:31,960
Speaker 2: After six o'clock, we're going to dig into those CPI

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01:06:32,080 --> 01:06:36,760
Speaker 2: numbers from stats zet and ask if there is a

1323
01:06:36,800 --> 01:06:39,640
Speaker 2: cut to the OCR, does that actually mean we're going

1324
01:06:39,720 --> 01:06:40,920
Speaker 2: to have lower interest rates?

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01:06:43,480 --> 01:06:48,040
Speaker 1: We have Business and Insight the Business Hour with Jack

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01:06:48,120 --> 01:06:51,320
Speaker 1: Tam and My Hr on News Talks at b.

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01:06:56,120 --> 01:06:56,280
Speaker 11: Well.

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01:06:56,320 --> 01:06:59,440
Speaker 2: Good news from the CPI data yesterday, But one of

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01:06:59,480 --> 01:07:01,640
Speaker 2: the concerns is that when it comes to cuts to

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01:07:01,720 --> 01:07:05,840
Speaker 2: the OCR, a lot of the banks are already pricing

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01:07:05,880 --> 01:07:09,280
Speaker 2: in changes. So even if the OCR is twenty five

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01:07:09,320 --> 01:07:12,560
Speaker 2: basis points come November, most of the banks are proticting

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01:07:12,640 --> 01:07:15,520
Speaker 2: that already. Some of them think they'll do fifty points

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01:07:15,520 --> 01:07:17,960
Speaker 2: this year. But if it's just the twenty five points,

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01:07:18,080 --> 01:07:20,920
Speaker 2: are we really going to see that much pressure ease

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01:07:20,960 --> 01:07:23,040
Speaker 2: when it comes to Mortga trades. We'll take a close

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01:07:23,080 --> 01:07:25,480
Speaker 2: look at that. Before seven o'clock this evening. Right now,

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01:07:25,480 --> 01:07:28,160
Speaker 2: it is seven minutes past six, jack j and the

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01:07:28,160 --> 01:07:31,919
Speaker 2: battle for competition between Northlanders and Transpower has stepped up

1340
01:07:31,960 --> 01:07:35,240
Speaker 2: a notch. Northland MP Grant McCullum has written to Transpower

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01:07:35,320 --> 01:07:39,840
Speaker 2: saying it has a moral duty to provide compensation after

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01:07:39,840 --> 01:07:43,600
Speaker 2: one hundred thousand Northlanders lost power because of transmission power

1343
01:07:43,640 --> 01:07:47,959
Speaker 2: toppled over in June. Alternatively, Grant McCullum says Transpower should

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01:07:48,040 --> 01:07:51,760
Speaker 2: consider a discounted transmission charge for all Northlanders for a year.

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01:07:52,120 --> 01:07:55,160
Speaker 2: He's with us this evening, good evening, Hey.

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01:07:54,960 --> 01:07:57,000
Speaker 8: Good eating Jackson, the lovely chatman of high WII.

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01:07:57,840 --> 01:08:00,360
Speaker 2: Oh gorgeous. You're in paradise? Is there power? Are there

1348
01:08:00,440 --> 01:08:01,360
Speaker 2: this evening? Grants?

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01:08:02,000 --> 01:08:03,919
Speaker 8: Well, it's a light time, so that's a good sign.

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01:08:04,120 --> 01:08:05,960
Speaker 2: That is a very good sign. Yeah, it makes a

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01:08:06,040 --> 01:08:08,800
Speaker 2: nice change. So have you heard anything from Transpower yet?

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01:08:09,280 --> 01:08:11,360
Speaker 8: No, I have not had any response yet, but that

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01:08:11,400 --> 01:08:13,320
Speaker 8: seems you passed the course of them to a degree.

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01:08:13,400 --> 01:08:15,280
Speaker 8: So I wait with beta breath.

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01:08:15,520 --> 01:08:18,559
Speaker 2: Just took us through why you think they have a

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01:08:18,600 --> 01:08:22,080
Speaker 2: moral obligation. It was a contractor working for Transpower who

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01:08:22,080 --> 01:08:23,719
Speaker 2: didn't have the nuts on the bolts right.

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01:08:24,720 --> 01:08:28,240
Speaker 8: Absolutely, yes, but ultimately very responsible for the contractor. And

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01:08:29,000 --> 01:08:30,920
Speaker 8: the reason I feel they have a moral obligation is

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01:08:30,920 --> 01:08:33,200
Speaker 8: this was not an active god. It was an active

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01:08:33,240 --> 01:08:39,000
Speaker 8: incompetence and anyone just shakes their head at what happened.

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01:08:39,400 --> 01:08:41,639
Speaker 8: And it's caused a lot of costs, a lot of people,

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01:08:41,640 --> 01:08:44,280
Speaker 8: a lot of money, a lot of small businesses and

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01:08:44,400 --> 01:08:46,519
Speaker 8: orphans had it pretty rough up here and it was

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01:08:46,560 --> 01:08:49,880
Speaker 8: almost like the last straw with road closures and storm

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01:08:49,960 --> 01:08:54,040
Speaker 8: damage and so forth. And it's just not fair for

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01:08:54,080 --> 01:08:56,599
Speaker 8: the businesses of Northland yet to be at the cost

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01:08:56,920 --> 01:08:58,960
Speaker 8: of the incompetence of Transpower.

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01:08:59,080 --> 01:09:02,720
Speaker 2: So took us through what your constituents have reported to

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01:09:02,760 --> 01:09:04,920
Speaker 2: you in terms of their losses, because your letter to

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01:09:04,960 --> 01:09:09,840
Speaker 2: Transpower says that one business lost almost half a million dollars.

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01:09:09,600 --> 01:09:11,840
Speaker 8: That's correct, Yes, one of the one of the more

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01:09:11,840 --> 01:09:13,599
Speaker 8: substantial businesses in the Far North.

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Speaker 2: And ask you what do they do.

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01:09:16,439 --> 01:09:20,559
Speaker 8: The yeah, yeah, J and L the significant the big

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01:09:20,600 --> 01:09:22,519
Speaker 8: mill to the mills up there, they had just shut

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Speaker 8: down for five days. Yeah, and that's big. It's a

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01:09:26,280 --> 01:09:28,920
Speaker 8: really big cost. And other big businesses in north and

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01:09:28,960 --> 01:09:31,320
Speaker 8: had to shut down for longer than the twenty four hours.

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01:09:31,880 --> 01:09:35,360
Speaker 8: So that because they know, you had the cement works,

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01:09:35,439 --> 01:09:39,559
Speaker 8: Portland cement Works, he had fonterra at at plants amongst

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01:09:39,600 --> 01:09:42,919
Speaker 8: and color engineering amongst others, they shut down for longest

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01:09:43,040 --> 01:09:45,960
Speaker 8: so they wouldn't use the high power users, but the

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01:09:46,000 --> 01:09:48,599
Speaker 8: rest of us could have power. Yeah, so yeah, and

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01:09:48,600 --> 01:09:51,040
Speaker 8: that's that's where the big losses came. Yeah, and I

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01:09:51,080 --> 01:09:53,599
Speaker 8: know some of them at their excess is more than

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01:09:53,600 --> 01:09:54,080
Speaker 8: their loss.

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01:09:54,360 --> 01:09:56,200
Speaker 2: Yeah, right, I mean you you would hope that for

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01:09:56,200 --> 01:09:58,320
Speaker 2: those big for the big firms, right, they would have

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01:09:58,400 --> 01:10:00,719
Speaker 2: some sort of insurance arrangement that allowed. But it's probably

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01:10:00,720 --> 01:10:02,720
Speaker 2: the probably the sms, right, they're going to be that

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01:10:02,760 --> 01:10:03,800
Speaker 2: are going to be hurt the most.

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Speaker 8: Absolutely. At the market that last weekend in Kitty Kitty

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01:10:08,600 --> 01:10:11,320
Speaker 8: and the guy talking to a guy there who sells

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01:10:11,360 --> 01:10:13,559
Speaker 8: pizzas and stuff, he lost twelve undred bucks worth of

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01:10:13,560 --> 01:10:16,360
Speaker 8: stock and so forth, all in preparation he had for

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01:10:16,760 --> 01:10:19,719
Speaker 8: his evening's work. All the stuff he had, he lost,

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01:10:19,760 --> 01:10:22,439
Speaker 8: all the dough and everything, and that costs a lot

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01:10:22,479 --> 01:10:25,559
Speaker 8: of money. And there's it's all relative, right, but we

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01:10:25,600 --> 01:10:27,559
Speaker 8: should not They should not have to be at a cost,

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01:10:28,080 --> 01:10:29,479
Speaker 8: nor should they have to be at a cost of

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01:10:29,479 --> 01:10:32,479
Speaker 8: the excess or the hassle of going to an insurance company.

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01:10:32,600 --> 01:10:34,599
Speaker 8: I think this is an easy solution for everybody.

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01:10:34,640 --> 01:10:38,799
Speaker 2: So do you reckon? If Transpower agreed to this, then

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01:10:39,080 --> 01:10:42,400
Speaker 2: that would mean that people wouldn't be able to go

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01:10:42,400 --> 01:10:44,880
Speaker 2: and make insurance claims. They wouldn't have to pay the excess,

1407
01:10:44,880 --> 01:10:46,439
Speaker 2: but they also wouldn't be making a claim. Is that

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01:10:46,479 --> 01:10:46,920
Speaker 2: how you said?

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01:10:46,920 --> 01:10:47,320
Speaker 6: This working?

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01:10:48,000 --> 01:10:51,640
Speaker 8: Well? Most likely? Ultimately people still act and actors individuals,

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01:10:51,920 --> 01:10:54,800
Speaker 8: But if Transpower do this, they would not be obligated

1412
01:10:54,800 --> 01:10:57,439
Speaker 8: to do it. This would be obligated to do anything

1413
01:10:57,840 --> 01:11:01,040
Speaker 8: as it happens, as far as I understand it. But morally,

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01:11:01,120 --> 01:11:03,200
Speaker 8: by dare they? They own Northland?

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01:11:03,760 --> 01:11:03,960
Speaker 5: Right.

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01:11:04,479 --> 01:11:07,240
Speaker 8: Whether individuals want to pursue direct claims or not, that's

1417
01:11:07,280 --> 01:11:10,479
Speaker 8: over to them. But this is an opportunity for all

1418
01:11:10,560 --> 01:11:14,040
Speaker 8: awfulness to get something back because everyone was affected, whether

1419
01:11:14,080 --> 01:11:16,559
Speaker 8: it was the people at home and tot had their

1420
01:11:16,680 --> 01:11:20,599
Speaker 8: hold their day interrupted and make cold showers or whatever,

1421
01:11:21,920 --> 01:11:23,960
Speaker 8: all that sort of thing. So that way everyone gets

1422
01:11:24,000 --> 01:11:25,599
Speaker 8: benefits because everyone uses power.

1423
01:11:25,680 --> 01:11:28,040
Speaker 2: Yeah, right, and and so talk to us. How you

1424
01:11:28,080 --> 01:11:31,040
Speaker 2: think that the discount would actually work. Would it be

1425
01:11:31,120 --> 01:11:32,040
Speaker 2: like a percentage thing?

1426
01:11:32,840 --> 01:11:36,200
Speaker 8: Yeah, well they say they charged so much a unit

1427
01:11:36,240 --> 01:11:39,280
Speaker 8: of power to transmit the power up here, and we

1428
01:11:39,439 --> 01:11:42,400
Speaker 8: just lower that cost and then and then the retailers

1429
01:11:42,400 --> 01:11:45,320
Speaker 8: will pass it on. And low, I heard your comments earlier,

1430
01:11:45,479 --> 01:11:50,080
Speaker 8: someone's comments. Low behold any retailer that refused to pass

1431
01:11:50,120 --> 01:11:52,360
Speaker 8: it on or didn't will I think that would be

1432
01:11:52,760 --> 01:11:54,400
Speaker 8: not be very good pr for them?

1433
01:11:54,560 --> 01:11:57,439
Speaker 2: No, no, it wouldn't. So you're a national MP grant.

1434
01:11:57,479 --> 01:11:59,720
Speaker 2: You're in government, correct, Can you do more about this

1435
01:11:59,840 --> 01:12:00,920
Speaker 2: than just writing a letter?

1436
01:12:02,000 --> 01:12:05,720
Speaker 8: Ultimately? As you would realize? Transpowers and the SOE. So

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01:12:05,760 --> 01:12:08,360
Speaker 8: they operate at arms length from the government, so to speak.

1438
01:12:08,680 --> 01:12:11,200
Speaker 8: So they've got an independent board and a c with

1439
01:12:11,240 --> 01:12:13,680
Speaker 8: a CEO, and that's who I've written to. And so

1440
01:12:14,040 --> 01:12:16,880
Speaker 8: can we directly tell them to instruct them? No, it's

1441
01:12:16,920 --> 01:12:19,639
Speaker 8: over to them to actually do it. That's my understanding.

1442
01:12:19,640 --> 01:12:21,000
Speaker 8: It's how the SE model works.

1443
01:12:21,040 --> 01:12:22,839
Speaker 2: What does Sime and Brown think of the suggestion.

1444
01:12:23,640 --> 01:12:26,479
Speaker 8: Well, he encouraged me to write to be a good

1445
01:12:26,520 --> 01:12:29,240
Speaker 8: locally and p and right on their behalf. But ultimately

1446
01:12:29,520 --> 01:12:34,280
Speaker 8: he's he's like he is a minister, but he's he's

1447
01:12:33,880 --> 01:12:37,439
Speaker 8: got to care what yeah yeah, yeah, he can't control

1448
01:12:37,479 --> 01:12:38,160
Speaker 8: what the board says.

1449
01:12:38,320 --> 01:12:40,719
Speaker 2: No, no, no, he certainly can't. You know what, Grant.

1450
01:12:41,200 --> 01:12:43,920
Speaker 2: The thing is that the person who is usually in

1451
01:12:43,960 --> 01:12:46,240
Speaker 2: the slot on Newstalks, he'd been Heather has had a

1452
01:12:46,240 --> 01:12:48,479
Speaker 2: bit of a back and forth. Shall we say when

1453
01:12:48,520 --> 01:12:51,640
Speaker 2: it comes to Transpower, I can I think you know

1454
01:12:51,720 --> 01:12:54,559
Speaker 2: we're all about combine our moments in this business. How

1455
01:12:54,600 --> 01:12:58,000
Speaker 2: about this? How about Transpower agrees to your suggestion all

1456
01:12:58,040 --> 01:13:01,320
Speaker 2: Northlanders get discounted transmission fees for a year. But how

1457
01:13:01,360 --> 01:13:05,439
Speaker 2: about the boss of Transpower announces this on Hither Depolicy

1458
01:13:05,479 --> 01:13:08,080
Speaker 2: Allen Show, on News Talks ZB. Wouldn't they be perfect?

1459
01:13:08,080 --> 01:13:09,160
Speaker 2: Then everyone can come.

1460
01:13:09,080 --> 01:13:12,760
Speaker 8: Back together, absolutely perfect, guess exactly what they should do

1461
01:13:12,800 --> 01:13:15,040
Speaker 8: it in Suddenly all will be forgiven that there won't

1462
01:13:15,080 --> 01:13:17,040
Speaker 8: be any you'll be no more clown music on.

1463
01:13:18,720 --> 01:13:21,080
Speaker 2: More Careful Grime. We're going to reserve the right to

1464
01:13:21,400 --> 01:13:23,400
Speaker 2: make any any decisions when it comes to the production

1465
01:13:23,560 --> 01:13:25,479
Speaker 2: music on our show. Hey, thank you so much, you

1466
01:13:25,560 --> 01:13:28,880
Speaker 2: take care. Great to chat. That is Northland MP Grant

1467
01:13:28,960 --> 01:13:31,080
Speaker 2: McCall and there would be the perfect PR one for everyone?

1468
01:13:31,120 --> 01:13:34,400
Speaker 2: Would it not? Perfect PR one? Thirteen minutes past six

1469
01:13:34,439 --> 01:13:36,160
Speaker 2: you with Jack Tam on News Talks B.

1470
01:13:37,240 --> 01:13:40,799
Speaker 1: Crunching the numbers and getting the results. It's Heather Duplicy

1471
01:13:40,840 --> 01:13:44,200
Speaker 1: Allen with the Business Hours thanks to my HR, the

1472
01:13:44,439 --> 01:13:48,880
Speaker 1: HR platform for SME on News Talks EDB. Whether it's macro,

1473
01:13:49,240 --> 01:13:52,679
Speaker 1: micro or just playing economics, it's all on the Business

1474
01:13:52,720 --> 01:13:57,000
Speaker 1: Hour with Jack tam and my HR, the HR platform

1475
01:13:57,040 --> 01:13:59,000
Speaker 1: for SME News talks IB.

1476
01:13:58,960 --> 01:14:03,320
Speaker 2: First liquid report into the iconic Auckland Restaurant SPQR has

1477
01:14:03,360 --> 01:14:07,000
Speaker 2: been issued today. SPQR owes more than two million dollars.

1478
01:14:07,360 --> 01:14:10,000
Speaker 2: It owes IID almost one and a half million in

1479
01:14:10,040 --> 01:14:13,280
Speaker 2: payroll taxes and GST staff roded one hundred and forty

1480
01:14:13,320 --> 01:14:16,200
Speaker 2: five thousand dollars in wages his holiday pay. Liam Van

1481
01:14:16,360 --> 01:14:18,559
Speaker 2: is The Herald's Business editor at large and as with us,

1482
01:14:18,640 --> 01:14:22,160
Speaker 2: get Aliam. Hey, Jack, this is pretty ugly, right, Yeah, like.

1483
01:14:22,160 --> 01:14:24,439
Speaker 22: So this is you know, obviously SPQR is a shock

1484
01:14:24,479 --> 01:14:28,000
Speaker 22: and there's some things going on there. But yeah, what

1485
01:14:28,040 --> 01:14:30,840
Speaker 22: we're hearing is really more and more from the hospitality

1486
01:14:30,880 --> 01:14:34,240
Speaker 22: sector that there are a number of probably quite I

1487
01:14:34,280 --> 01:14:38,720
Speaker 22: don't know, word iconics overused but well established Auckland institutions

1488
01:14:38,920 --> 01:14:40,840
Speaker 22: that are really on the brink at the moment. They're

1489
01:14:40,880 --> 01:14:41,680
Speaker 22: really struggling.

1490
01:14:42,520 --> 01:14:42,760
Speaker 14: You know.

1491
01:14:43,160 --> 01:14:48,479
Speaker 22: I heard from the owner of Vivaci that that she's

1492
01:14:48,479 --> 01:14:51,800
Speaker 22: she's concerned. They're trying to get a sort of a

1493
01:14:51,880 --> 01:14:56,160
Speaker 22: campaign going because you know, they've struggled through COVID and

1494
01:14:56,240 --> 01:14:58,240
Speaker 22: the lockdowns and all that stuff, and then they've run

1495
01:14:58,280 --> 01:15:00,920
Speaker 22: into this, you know, suppose to be a rebound out

1496
01:15:00,960 --> 01:15:02,439
Speaker 22: of that, and of course they run into this wall

1497
01:15:02,479 --> 01:15:07,960
Speaker 22: of high costs and high interest rates keeping people at home,

1498
01:15:08,560 --> 01:15:09,960
Speaker 22: and so you know, we know, I look at the

1499
01:15:10,040 --> 01:15:12,840
Speaker 22: data and it's I think the A and Z card

1500
01:15:12,840 --> 01:15:15,240
Speaker 22: spinning data showed that restaurants and bars were down about

1501
01:15:15,280 --> 01:15:17,960
Speaker 22: six point three percent in the last year. Now, that's

1502
01:15:18,080 --> 01:15:22,200
Speaker 22: that's nominal spending. So even you know that all their

1503
01:15:22,200 --> 01:15:24,280
Speaker 22: costs are on top of that, and so if you've

1504
01:15:24,320 --> 01:15:27,320
Speaker 22: got high debt and you've got cash, you know, but you.

1505
01:15:27,439 --> 01:15:30,000
Speaker 2: Just spin's going down, costs going up. Yeah, that's right.

1506
01:15:30,040 --> 01:15:33,080
Speaker 22: In fact, I looked at the nominal spend on all

1507
01:15:33,160 --> 01:15:36,880
Speaker 22: hospitality according to stats n Z in the last quarter

1508
01:15:37,680 --> 01:15:41,160
Speaker 22: was it's exactly the same number that it was pre COVID,

1509
01:15:41,200 --> 01:15:41,760
Speaker 22: So that's like.

1510
01:15:41,840 --> 01:15:45,440
Speaker 2: Flatlining, no accounting for inflation, no accounting.

1511
01:15:45,040 --> 01:15:50,160
Speaker 22: For costs and all that stuff. So these businesses are

1512
01:15:50,160 --> 01:15:53,280
Speaker 22: going backwards. The owners are often not paying themselves a

1513
01:15:53,280 --> 01:15:55,240
Speaker 22: wage at this point. And of course we all we're

1514
01:15:55,280 --> 01:15:57,080
Speaker 22: all getting excited now, we're going, oh, we can see

1515
01:15:57,120 --> 01:15:58,920
Speaker 22: the interest rates are going to come down, and there's

1516
01:15:58,960 --> 01:16:01,439
Speaker 22: light at end of the tunnel. But we know from

1517
01:16:01,520 --> 01:16:07,439
Speaker 22: previous economic cycles that business liquidations, unemployment, you know, the

1518
01:16:07,479 --> 01:16:12,240
Speaker 22: credit credit crunch stuff, and mortgage de saales, these these

1519
01:16:12,240 --> 01:16:15,000
Speaker 22: bits of data lag, so it's almost worse. You start

1520
01:16:15,040 --> 01:16:17,720
Speaker 22: to start to hear the market start talking about all

1521
01:16:17,720 --> 01:16:19,880
Speaker 22: the good news and there are still some people really

1522
01:16:19,920 --> 01:16:22,439
Speaker 22: struggling out there, and that's what we're at the moment really.

1523
01:16:22,560 --> 01:16:25,200
Speaker 2: So to mean, two million dollars is a lot that's

1524
01:16:25,200 --> 01:16:27,680
Speaker 2: been building for some time. What are the liquid to

1525
01:16:27,760 --> 01:16:29,600
Speaker 2: say about their plan for the company selling off a

1526
01:16:29,680 --> 01:16:30,320
Speaker 2: seats and stuff.

1527
01:16:31,120 --> 01:16:34,639
Speaker 22: Yeah, yeah, look, I'm not completely across what happens next there.

1528
01:16:34,800 --> 01:16:36,320
Speaker 22: I think you know, you look at that amount of

1529
01:16:36,320 --> 01:16:40,240
Speaker 22: money though, and you've got to wonder whether really they've

1530
01:16:40,240 --> 01:16:43,920
Speaker 22: held on too long just just but you know, SPQR

1531
01:16:45,320 --> 01:16:47,280
Speaker 22: it feels like something that just was sort of meant

1532
01:16:47,280 --> 01:16:49,760
Speaker 22: to be there. It's a sort of an institution. As

1533
01:16:49,800 --> 01:16:51,759
Speaker 22: long as I've been in Auckland, which is since about

1534
01:16:51,760 --> 01:16:53,880
Speaker 22: the time that it started early nineties.

1535
01:16:53,560 --> 01:16:55,639
Speaker 2: Are you were always there with your flash suits? Well no,

1536
01:16:55,680 --> 01:16:56,080
Speaker 2: not quite.

1537
01:16:56,240 --> 01:17:00,160
Speaker 22: I remember going in the nineties and feeling hopelessly out

1538
01:17:00,160 --> 01:17:01,439
Speaker 22: of my depth. You know, it was such a big

1539
01:17:01,479 --> 01:17:03,160
Speaker 22: deal to go in there and there be a shortened

1540
01:17:03,160 --> 01:17:06,560
Speaker 22: street star and you know, probably probably probably carry with

1541
01:17:06,640 --> 01:17:06,920
Speaker 22: them there.

1542
01:17:07,080 --> 01:17:09,920
Speaker 2: Yeah it should be the first to a better I'm sure.

1543
01:17:10,040 --> 01:17:14,760
Speaker 22: Yeah, but yeah, no, it's you know, but so there's

1544
01:17:14,760 --> 01:17:16,479
Speaker 22: there's two things. There is a cyclical thing and there

1545
01:17:16,520 --> 01:17:19,040
Speaker 22: is a structural thing. You know, people do change bars

1546
01:17:19,040 --> 01:17:22,080
Speaker 22: and restaurants to cycle over. They will go to new places,

1547
01:17:22,080 --> 01:17:24,080
Speaker 22: and there is obviously a lot of turnover in that sector.

1548
01:17:24,120 --> 01:17:27,720
Speaker 22: But I guess the message is if you're you know,

1549
01:17:28,680 --> 01:17:30,400
Speaker 22: we're going to go out and about spring is going

1550
01:17:30,439 --> 01:17:32,280
Speaker 22: to come along, everyone's going to feel better, the interest

1551
01:17:32,320 --> 01:17:33,680
Speaker 22: rates are going to come down. You want to go

1552
01:17:33,720 --> 01:17:35,360
Speaker 22: out to your local bar. It just might not be

1553
01:17:35,439 --> 01:17:38,160
Speaker 22: there if if you can't get out and support them

1554
01:17:38,160 --> 01:17:39,000
Speaker 22: in the next few months.

1555
01:17:39,439 --> 01:17:41,760
Speaker 2: And I know that this isn't necessarily the suggestion, but

1556
01:17:41,800 --> 01:17:43,559
Speaker 2: I mean that they're unlikely to get much help from

1557
01:17:43,640 --> 01:17:44,520
Speaker 2: central government.

1558
01:17:44,320 --> 01:17:46,240
Speaker 22: Right, No, and I don't think I don't suppose they

1559
01:17:47,040 --> 01:17:49,640
Speaker 22: they particularly want it at this point because you know,

1560
01:17:50,479 --> 01:17:53,800
Speaker 22: it's there isn't anything that the government can do. It's

1561
01:17:53,840 --> 01:17:57,720
Speaker 22: really down to people getting out and because let's face

1562
01:17:57,720 --> 01:17:59,280
Speaker 22: at the government and the Reserve Bank are trying to

1563
01:18:00,600 --> 01:18:04,280
Speaker 22: put a curb on spending. Yeah, that switch, will you

1564
01:18:04,280 --> 01:18:07,040
Speaker 22: know that will It'll change, It'll change. There's going to

1565
01:18:07,080 --> 01:18:09,280
Speaker 22: be a flick of that switch. But it just may

1566
01:18:09,320 --> 01:18:11,160
Speaker 22: come too late for some of these businesses.

1567
01:18:11,280 --> 01:18:13,040
Speaker 2: Hey, thanks for your time, Len, I appreciate it. New

1568
01:18:13,080 --> 01:18:16,519
Speaker 2: Zealand Herald Business eres Through at Large Liam Dan twenty

1569
01:18:16,520 --> 01:18:18,160
Speaker 2: one past six on newstik z'db.

1570
01:18:18,600 --> 01:18:21,400
Speaker 1: You a rural report on the Heather duper c Eland

1571
01:18:21,439 --> 01:18:25,680
Speaker 1: Drive with Ann's Kofoods, New Zealand's Finest Beef and Lamb.

1572
01:18:26,680 --> 01:18:28,960
Speaker 2: And hosts of the Country. Jamie McKay is with us

1573
01:18:28,960 --> 01:18:31,679
Speaker 2: this evening. He had Change Jones on the show today. Jamie,

1574
01:18:31,960 --> 01:18:35,240
Speaker 2: how is he rolling out his PGF two point zero?

1575
01:18:36,040 --> 01:18:38,040
Speaker 4: Yeah, Well that's what it is. He's only got one

1576
01:18:38,040 --> 01:18:42,360
Speaker 4: point two billion this time. Around jack as peanutter. Yeah, peanuts.

1577
01:18:42,360 --> 01:18:45,240
Speaker 4: He had three billion to splash around last time under Cinder,

1578
01:18:45,360 --> 01:18:47,839
Speaker 4: So we'll see how he goes. And well, I guess

1579
01:18:48,000 --> 01:18:51,000
Speaker 4: on your show today you've gone from one Great Northland MP,

1580
01:18:51,200 --> 01:18:55,000
Speaker 4: my old mate Grant mcnational, to Shane Jones. So Marta,

1581
01:18:55,080 --> 01:18:57,320
Speaker 4: Shane the Prince of the province. As he's off on

1582
01:18:57,360 --> 01:19:00,880
Speaker 4: a series of summits around the region, fifteen of them.

1583
01:19:01,120 --> 01:19:03,920
Speaker 4: He's got that one point two billion dollars to spend

1584
01:19:03,960 --> 01:19:08,760
Speaker 4: in the regions to improve productivity. He wants to grow

1585
01:19:08,800 --> 01:19:11,599
Speaker 4: and strengthen the economy. These summits are going to take

1586
01:19:11,640 --> 01:19:14,720
Speaker 4: place over the next six to eight months and I

1587
01:19:14,760 --> 01:19:17,719
Speaker 4: think the first one is in Nelson on August the twelfth.

1588
01:19:18,360 --> 01:19:19,960
Speaker 2: Yeah, it's going to be really interesting to see. I

1589
01:19:20,000 --> 01:19:22,320
Speaker 2: mean it is, it has to be said, so much

1590
01:19:22,360 --> 01:19:25,000
Speaker 2: more focused than the first iteration of the PDF, which

1591
01:19:25,040 --> 01:19:27,840
Speaker 2: is not a high hurdle to check. Yeah, but yeah,

1592
01:19:27,960 --> 01:19:29,559
Speaker 2: you know, it's going to be very interesting to see

1593
01:19:29,560 --> 01:19:32,080
Speaker 2: how that has rolled out. Now the primary sector is

1594
01:19:32,120 --> 01:19:34,320
Speaker 2: going to have to rely on new tools and technologies

1595
01:19:34,320 --> 01:19:36,320
Speaker 2: in order to lower its emissions if it is to

1596
01:19:36,400 --> 01:19:40,160
Speaker 2: hit targets outlined in the government's newly released draft emissions

1597
01:19:40,200 --> 01:19:40,920
Speaker 2: reduction plan.

1598
01:19:41,840 --> 01:19:42,360
Speaker 5: That's right.

1599
01:19:42,439 --> 01:19:45,920
Speaker 4: And as you alluded to, Jack Shane Jones was on

1600
01:19:46,160 --> 01:19:49,400
Speaker 4: the country today and he wasn't having a bar of

1601
01:19:49,520 --> 01:19:54,120
Speaker 4: decarbonization if it meant de industrialization. And here's what he

1602
01:19:54,200 --> 01:19:54,759
Speaker 4: had to say.

1603
01:19:55,760 --> 01:19:59,160
Speaker 15: We're going to be very careful that decarbonization doesn't become

1604
01:19:59,240 --> 01:20:02,880
Speaker 15: de industrializedation. But these green hobbits are not going to

1605
01:20:02,880 --> 01:20:06,840
Speaker 15: be permitted by New Zealand. First New Zealand to undermine

1606
01:20:06,880 --> 01:20:10,519
Speaker 15: the existence of our industry. We have the ability to

1607
01:20:10,840 --> 01:20:17,760
Speaker 15: achieve net net climate change positive outcomes. This motion that

1608
01:20:17,840 --> 01:20:20,320
Speaker 15: you have to cut down every chimney stack and that

1609
01:20:20,439 --> 01:20:23,920
Speaker 15: you have to close down industry to enjoy some green

1610
01:20:24,000 --> 01:20:28,120
Speaker 15: nirvana when India, when China are building coal fired power

1611
01:20:28,120 --> 01:20:33,120
Speaker 15: stations every day. In my view, leavest bear the falsehoods

1612
01:20:33,160 --> 01:20:36,679
Speaker 15: of that Green Party. But most importantly, I'm never going

1613
01:20:36,680 --> 01:20:39,120
Speaker 15: to worship at the altar of climate change gods.

1614
01:20:39,160 --> 01:20:40,599
Speaker 21: If you want God, go to church.

1615
01:20:42,040 --> 01:20:44,720
Speaker 4: So there you go, Jack, That's what Martua Shane had

1616
01:20:44,760 --> 01:20:46,920
Speaker 4: to say. And of course we're talking about the government's

1617
01:20:46,960 --> 01:20:53,000
Speaker 4: newly released draft emissions reduction plan and that they reaffirmed

1618
01:20:53,040 --> 01:20:56,320
Speaker 4: when they released this their commitment to price emissions in

1619
01:20:56,439 --> 01:21:01,400
Speaker 4: agricultural for the agricultural sector, should I say thirty, so

1620
01:21:01,439 --> 01:21:04,400
Speaker 4: there's no free lunch there beyond twenty thirty. Some of

1621
01:21:04,400 --> 01:21:06,120
Speaker 4: the tools shed And this is one of the issues

1622
01:21:06,160 --> 01:21:06,880
Speaker 4: that farmers had.

1623
01:21:06,960 --> 01:21:07,120
Speaker 5: Jack.

1624
01:21:07,200 --> 01:21:09,240
Speaker 4: They're saying, we want to do it, we want to

1625
01:21:09,320 --> 01:21:12,280
Speaker 4: reduce our emissions, but give us some tools to do it,

1626
01:21:12,680 --> 01:21:16,760
Speaker 4: and things like low methane, sheep genetics, vaccines, you name it.

1627
01:21:16,800 --> 01:21:19,240
Speaker 4: All these things that are coming onto the market. They're

1628
01:21:19,280 --> 01:21:22,240
Speaker 4: expecting some of these new tools may be available to

1629
01:21:22,320 --> 01:21:26,880
Speaker 4: New Zealand pasture based farmers from twenty seven twenty eight

1630
01:21:26,920 --> 01:21:28,840
Speaker 4: and the other one. And this is Shane's solution. He

1631
01:21:28,880 --> 01:21:31,360
Speaker 4: would just keep planting trees till he got to a

1632
01:21:31,400 --> 01:21:35,120
Speaker 4: carbon neutral sort of situation. The government's keen to partner

1633
01:21:35,120 --> 01:21:38,639
Speaker 4: with the private sector to plant trees. This includes native

1634
01:21:38,920 --> 01:21:42,599
Speaker 4: forestation on crown Land. Wonderful idea, but trouble with native

1635
01:21:42,680 --> 01:21:46,439
Speaker 4: forest Jack, for anyone who's tried to establish them, they're slow.

1636
01:21:46,920 --> 01:21:49,080
Speaker 4: They take a lot of tender love and care, as

1637
01:21:49,080 --> 01:21:51,360
Speaker 4: opposed to a dirty older or shouldn't say a dirty

1638
01:21:51,360 --> 01:21:53,840
Speaker 4: old an exotic pine tree. You can plunk them in

1639
01:21:53,880 --> 01:21:57,679
Speaker 4: the ground and away they go. It's instant gratification. Natives

1640
01:21:57,720 --> 01:21:58,479
Speaker 4: aren't that easy.

1641
01:21:58,600 --> 01:22:01,479
Speaker 2: No, they're certainly not. Thanks Jamie appreciate it as ever.

1642
01:22:01,760 --> 01:22:04,160
Speaker 2: That is Jamie McKay who is the host of the

1643
01:22:04,200 --> 01:22:09,400
Speaker 2: Country Jack. If we cut Northland's power bills via transpower,

1644
01:22:09,520 --> 01:22:13,880
Speaker 2: if Northland has its transmission cuts, costs cut, very simple,

1645
01:22:13,920 --> 01:22:16,120
Speaker 2: says Ben. The rest of us around the rest of

1646
01:22:16,160 --> 01:22:19,920
Speaker 2: the country will be paying the shortfall. Jack to Northan

1647
01:22:19,920 --> 01:22:22,800
Speaker 2: doesn't grant understand that retailers will just pass these costs

1648
01:22:22,840 --> 01:22:25,200
Speaker 2: on to them. Fine, have your compensation, but except you'll

1649
01:22:25,200 --> 01:22:29,200
Speaker 2: be paying more consistently in the long term in order

1650
01:22:29,320 --> 01:22:31,600
Speaker 2: to accommodate it. Thank you for your feedback. If you

1651
01:22:31,640 --> 01:22:33,760
Speaker 2: want to flick us a text message, the easy thing

1652
01:22:33,800 --> 01:22:36,160
Speaker 2: to do is to tect it to ninety two ninety

1653
01:22:36,200 --> 01:22:38,920
Speaker 2: two after six point thirty, we will take you to

1654
01:22:38,960 --> 01:22:41,599
Speaker 2: the UK and as well as that we will ask

1655
01:22:42,160 --> 01:22:44,040
Speaker 2: just how many cuts we're going to need to see

1656
01:22:44,080 --> 01:22:46,680
Speaker 2: to the ocr before we get the full way that

1657
01:22:46,720 --> 01:22:49,840
Speaker 2: those cuts in interest rates. News is Next to You

1658
01:22:49,920 --> 01:22:51,720
Speaker 2: with Jack Tame on News Dog ZB.

1659
01:22:53,200 --> 01:22:56,879
Speaker 1: Everything from SMEs to the big corporates of a Business

1660
01:22:56,920 --> 01:23:01,560
Speaker 1: Hour with Jack Tame and my HR, the HR platform.

1661
01:23:01,120 --> 01:23:12,320
Speaker 3: For sme us talk said by for the first time.

1662
01:23:16,520 --> 01:23:21,480
Speaker 2: Donald Trump speaks tomorrow at the Republican National Committee Committee

1663
01:23:21,600 --> 01:23:26,320
Speaker 2: Republican National Conference in Wisconsin. I think maybe the most

1664
01:23:26,320 --> 01:23:30,400
Speaker 2: interesting thing that happened today of everything, was not JD

1665
01:23:30,520 --> 01:23:34,080
Speaker 2: Vance's vice presidential pick speaking, but it was the fact

1666
01:23:34,080 --> 01:23:35,960
Speaker 2: that the head of the Secret Service turned up at

1667
01:23:36,000 --> 01:23:39,759
Speaker 2: the RANCA and was chased by some Republican Congress people

1668
01:23:40,000 --> 01:23:43,360
Speaker 2: ended up corying them the toilets. They didn't follow into

1669
01:23:43,400 --> 01:23:46,160
Speaker 2: the toilets, but apparently ended up carrying in the toilets.

1670
01:23:46,360 --> 01:23:49,679
Speaker 2: I mean, quite reasonably. A lot of questions being demanded

1671
01:23:49,680 --> 01:23:51,720
Speaker 2: of the Secret Service right now. It will be remarkable

1672
01:23:51,720 --> 01:23:53,639
Speaker 2: to me if there's not some sort of Senate inquiry

1673
01:23:53,760 --> 01:23:56,840
Speaker 2: or something into the Secret Service and their failings to

1674
01:23:56,920 --> 01:23:59,719
Speaker 2: keep Donald Trump safe. But yeah, pretty but I'm pretty

1675
01:23:59,720 --> 01:24:01,400
Speaker 2: bold move for the head of the Secret Service to

1676
01:24:01,400 --> 01:24:03,719
Speaker 2: actually turn up at the RNC this week. I would

1677
01:24:03,720 --> 01:24:05,800
Speaker 2: have thought that anyway, ended up carrying the toilets for

1678
01:24:05,800 --> 01:24:07,639
Speaker 2: our effort. So there you go. Right now, it's twenty

1679
01:24:07,640 --> 01:24:10,160
Speaker 2: four to seven, Jack Team in time to catch up

1680
01:24:10,160 --> 01:24:12,400
Speaker 2: with Sam Dicky from Fisher Funds. Get a Sam.

1681
01:24:12,960 --> 01:24:14,400
Speaker 7: Hey, Jack, Hey, we want to talk to you.

1682
01:24:14,479 --> 01:24:16,000
Speaker 2: Yeah, very good, thanks, talk to you a little bit

1683
01:24:16,000 --> 01:24:21,360
Speaker 2: about AI. Obviously, so much hype ever since chat GPT

1684
01:24:21,520 --> 01:24:25,599
Speaker 2: launched in twenty twenty two. A lot of hype baked

1685
01:24:25,640 --> 01:24:28,680
Speaker 2: into stock prices. But there's a fundamental question when it

1686
01:24:28,680 --> 01:24:31,720
Speaker 2: comes to investments, right, can the reality actually live up

1687
01:24:31,760 --> 01:24:32,479
Speaker 2: to the hype?

1688
01:24:34,439 --> 01:24:37,559
Speaker 7: That's right, Yes, there is what Yeah, I didn't notice

1689
01:24:37,600 --> 01:24:40,559
Speaker 7: that was the question. Yeah, I agree with you. And

1690
01:24:40,840 --> 01:24:43,240
Speaker 7: there is a lot of hype around animal spirits or

1691
01:24:43,240 --> 01:24:46,680
Speaker 7: irrational exuberance, and people are obviously excited that AI is

1692
01:24:46,720 --> 01:24:49,080
Speaker 7: going to change the way with business, the way we search,

1693
01:24:49,160 --> 01:24:51,839
Speaker 7: how we interact with companies, and the marker is convinced

1694
01:24:51,840 --> 01:24:54,439
Speaker 7: a few companies are going to make literally trillions it

1695
01:24:54,520 --> 01:24:57,720
Speaker 7: offers out of that. And I think it was Roy Emara,

1696
01:24:57,800 --> 01:25:00,800
Speaker 7: who's a futurist, don't if you know me, futurist Jack

1697
01:25:01,120 --> 01:25:04,920
Speaker 7: unfortunately said, we typically overestimate new technologies in the short

1698
01:25:05,000 --> 01:25:08,439
Speaker 7: term and underestimate them in the long term, and only

1699
01:25:08,560 --> 01:25:12,080
Speaker 7: eighteen to twenty months into the modern AI era, we're

1700
01:25:12,080 --> 01:25:13,880
Speaker 7: most definitely in the short term at the moment.

1701
01:25:14,040 --> 01:25:16,960
Speaker 2: Yeah, yeah, that's a very interesting content day. And there

1702
01:25:16,960 --> 01:25:18,880
Speaker 2: are lots of other technologies in the past, where that

1703
01:25:19,000 --> 01:25:22,080
Speaker 2: is certainly born out over time. So can you paint

1704
01:25:22,080 --> 01:25:24,000
Speaker 2: a bit of a picture for us about the hype

1705
01:25:24,479 --> 01:25:26,679
Speaker 2: around AI. The moment gives some numbers for context.

1706
01:25:27,680 --> 01:25:30,479
Speaker 7: Yeah, So I guess the bluntest and simplest number is

1707
01:25:30,880 --> 01:25:33,480
Speaker 7: we can just see how much, you know, market capitalization

1708
01:25:33,680 --> 01:25:36,320
Speaker 7: or stock market valuation creation has been in it a

1709
01:25:36,680 --> 01:25:40,880
Speaker 7: handful of stocks, So we'll take in video obviously, Apple, TSMC,

1710
01:25:41,800 --> 01:25:44,519
Speaker 7: Advanced Micro broad Common Microsoft. So I think that's half

1711
01:25:44,560 --> 01:25:48,480
Speaker 7: a dozen stocks. And that's a combination of AI chip designers,

1712
01:25:48,800 --> 01:25:52,160
Speaker 7: AI chip manufacturers, and AI software sellers, so the people

1713
01:25:52,160 --> 01:25:54,840
Speaker 7: who are using the chips to sell software to you

1714
01:25:54,920 --> 01:25:57,960
Speaker 7: and I. And so since, as you said, chat ept

1715
01:25:58,160 --> 01:26:00,559
Speaker 7: was launched, which kind of kicked off the modern our era,

1716
01:26:01,120 --> 01:26:04,679
Speaker 7: their market capitalization or valuations have gone up by over

1717
01:26:04,800 --> 01:26:08,200
Speaker 7: ten trillion New Zealand dollars. And it's only half a

1718
01:26:08,280 --> 01:26:11,479
Speaker 7: dozen companies. And of course all that ten trillion is

1719
01:26:11,520 --> 01:26:14,439
Speaker 7: related to this AI phenomenon, but a decent chunk of

1720
01:26:14,479 --> 01:26:16,800
Speaker 7: it is. And imagine the you know, the tens of

1721
01:26:16,840 --> 01:26:18,640
Speaker 7: thousands of other companies that are out there that are

1722
01:26:18,640 --> 01:26:22,800
Speaker 7: either listed on the stock market or they're unlisted startups

1723
01:26:22,800 --> 01:26:26,200
Speaker 7: that have had their valuations soar too, so quite a

1724
01:26:26,200 --> 01:26:28,760
Speaker 7: bit of enthusiasm out there.

1725
01:26:28,880 --> 01:26:31,400
Speaker 2: So it's interesting though, like when you when you list

1726
01:26:31,400 --> 01:26:34,280
Speaker 2: those companies, it's the it's the classic like the people

1727
01:26:34,320 --> 01:26:36,320
Speaker 2: getting rich at the moment or the companies getting rich

1728
01:26:36,360 --> 01:26:39,400
Speaker 2: are generally the ones selling picks and shovels, not the

1729
01:26:39,439 --> 01:26:40,320
Speaker 2: ones selling the goal.

1730
01:26:40,479 --> 01:26:45,519
Speaker 7: Right, well, the picks and shovels are the I guess

1731
01:26:46,040 --> 01:26:50,640
Speaker 7: it's yeah, yeah, But back in the day that you

1732
01:26:51,160 --> 01:26:54,200
Speaker 7: sell the you pet on the picks and shovels who

1733
01:26:54,200 --> 01:26:56,400
Speaker 7: are providing the picks and shovels the gold miners in

1734
01:26:56,439 --> 01:26:59,519
Speaker 7: today's parlance, or in an AI world, the picks and

1735
01:26:59,520 --> 01:27:05,599
Speaker 7: shovels the cloud providers like Amazon and Microsoft and Google

1736
01:27:05,640 --> 01:27:09,320
Speaker 7: who are providing the compute capacity for people to build

1737
01:27:09,360 --> 01:27:13,479
Speaker 7: their gold mines on. But in reality, on the ground,

1738
01:27:14,560 --> 01:27:16,760
Speaker 7: there's just not that much revenue out there that's been

1739
01:27:16,800 --> 01:27:19,320
Speaker 7: generated on the back of these chips. And in other words,

1740
01:27:19,360 --> 01:27:21,960
Speaker 7: you and I are not really prepared to pay that

1741
01:27:22,120 --> 01:27:25,240
Speaker 7: much yet for this new phenomenon. And you think about Post,

1742
01:27:25,280 --> 01:27:28,760
Speaker 7: a child of the AI revolution. So open AI created

1743
01:27:28,800 --> 01:27:32,479
Speaker 7: a chat GPT. The annualized revenue today from selling their

1744
01:27:32,520 --> 01:27:35,400
Speaker 7: AI models is less than four billion dollars so far.

1745
01:27:35,960 --> 01:27:38,439
Speaker 7: So think about that ten trillion I've talked about before,

1746
01:27:38,960 --> 01:27:40,120
Speaker 7: a little bit of a yawning gap.

1747
01:27:40,240 --> 01:27:42,479
Speaker 2: Yeah, yeah, it's massive, So talk to us just a

1748
01:27:42,479 --> 01:27:44,719
Speaker 2: bit more about about what is baked into the stocks

1749
01:27:44,720 --> 01:27:45,880
Speaker 2: at the stage.

1750
01:27:46,800 --> 01:27:49,400
Speaker 7: So there's ten trillion, that's the blunders. But I guess

1751
01:27:49,439 --> 01:27:50,800
Speaker 7: another way to think about it is if you add

1752
01:27:50,840 --> 01:27:55,559
Speaker 7: up all of these accelerated compute chips or AI chips

1753
01:27:55,600 --> 01:27:57,559
Speaker 7: that have been been sold by in Video and others

1754
01:27:57,600 --> 01:28:01,080
Speaker 7: to customers who are now desperate to get a return

1755
01:28:01,120 --> 01:28:04,519
Speaker 7: on their investment and create new killer applications to sell

1756
01:28:04,560 --> 01:28:07,200
Speaker 7: to you and I to justify the cost of these chips.

1757
01:28:07,280 --> 01:28:10,760
Speaker 7: If you edit up all of that, we really need

1758
01:28:10,800 --> 01:28:16,400
Speaker 7: to see today about trillion dollars KEIW of revenue stemming

1759
01:28:16,439 --> 01:28:19,280
Speaker 7: from these new application today. So one marker in the

1760
01:28:19,320 --> 01:28:22,320
Speaker 7: sanders open AI the post of Child's generating four billion.

1761
01:28:22,680 --> 01:28:26,759
Speaker 7: But if I add up all the AI revenue streams today,

1762
01:28:27,000 --> 01:28:29,160
Speaker 7: you don't even get to one hundred billion dollars. So

1763
01:28:29,200 --> 01:28:31,240
Speaker 7: we're still sort of nine hundred billion short.

1764
01:28:31,800 --> 01:28:33,599
Speaker 2: Yeah, not even a tenth. How do you marry those

1765
01:28:33,600 --> 01:28:34,080
Speaker 2: things up?

1766
01:28:36,280 --> 01:28:40,880
Speaker 7: The wanting gap that's tricky. So we need one of

1767
01:28:40,960 --> 01:28:44,680
Speaker 7: two things to happen. I guess we need someone to

1768
01:28:44,760 --> 01:28:48,240
Speaker 7: launch or discover a new killer AI application that we're

1769
01:28:48,240 --> 01:28:50,880
Speaker 7: all prepared to pay for and pretty quickly jack because

1770
01:28:50,920 --> 01:28:54,639
Speaker 7: the market is losing patients, or we need these AI

1771
01:28:54,680 --> 01:28:56,160
Speaker 7: stocks to fall in value. It just has to be

1772
01:28:56,240 --> 01:28:57,080
Speaker 7: one of those two things.

1773
01:28:57,160 --> 01:29:00,600
Speaker 2: Yeah, right, right, So how should we think about all

1774
01:29:00,640 --> 01:29:02,800
Speaker 2: of this from investors? How should investors be thinking about this?

1775
01:29:04,240 --> 01:29:05,519
Speaker 7: I think it means we're in for a bit of

1776
01:29:05,560 --> 01:29:07,799
Speaker 7: a bumpy ride, head. I mean, just remember that comment

1777
01:29:08,000 --> 01:29:12,280
Speaker 7: is you know, even for an AI ball, we overestimated

1778
01:29:12,280 --> 01:29:14,760
Speaker 7: technology in the short term and underestimated in the long term,

1779
01:29:14,800 --> 01:29:16,760
Speaker 7: and we are and we need a peak of the

1780
01:29:16,800 --> 01:29:20,160
Speaker 7: early hype cycle eighteen months and so be ready for

1781
01:29:20,160 --> 01:29:22,800
Speaker 7: a bumpy ride. If you are a long term AI bill, well,

1782
01:29:23,040 --> 01:29:24,880
Speaker 7: then make sure you have some dry powder or in

1783
01:29:24,880 --> 01:29:28,200
Speaker 7: other words, some cash on the sidelines, because there will

1784
01:29:28,200 --> 01:29:32,040
Speaker 7: inevitably be, as there always is with new technologies, an

1785
01:29:32,080 --> 01:29:34,439
Speaker 7: air pocket. So make sure you've got some dry power.

1786
01:29:34,479 --> 01:29:35,160
Speaker 5: They're ready to go.

1787
01:29:35,400 --> 01:29:38,200
Speaker 2: Yeah, it'll be interesting actually, just to see how the

1788
01:29:38,320 --> 01:29:41,320
Speaker 2: end of this year in the US election kind of

1789
01:29:41,360 --> 01:29:44,120
Speaker 2: affects some of these stocks, right, because you think about

1790
01:29:44,640 --> 01:29:48,439
Speaker 2: especially with the big Taiwanese chip market, and what a

1791
01:29:48,560 --> 01:29:51,439
Speaker 2: Donald Trump presidency might mean, or the volatility of a

1792
01:29:51,439 --> 01:29:54,320
Speaker 2: Trump presidency might mean for some of the trade relationships

1793
01:29:54,320 --> 01:29:56,639
Speaker 2: between the US and these big producers could be very interesting,

1794
01:29:57,800 --> 01:29:58,160
Speaker 2: very much.

1795
01:29:58,240 --> 01:30:01,519
Speaker 7: We saw someone that last night. We saw a Trump

1796
01:30:01,600 --> 01:30:04,080
Speaker 7: sort of tape bomb and a lot of these companies

1797
01:30:04,080 --> 01:30:05,800
Speaker 7: lost sort of six seven, eight, nine percent of the

1798
01:30:05,960 --> 01:30:10,240
Speaker 7: value geopolitics is going to be writ large.

1799
01:30:10,400 --> 01:30:13,880
Speaker 2: Yeah, I mean that's crazy volatility. That is just nuts, right,

1800
01:30:13,920 --> 01:30:15,320
Speaker 2: that he can just do that and then it does

1801
01:30:15,360 --> 01:30:16,240
Speaker 2: six to seven percent.

1802
01:30:16,360 --> 01:30:19,600
Speaker 5: God, Yes, he.

1803
01:30:19,640 --> 01:30:21,320
Speaker 7: Had an amazing power with his tweets.

1804
01:30:21,479 --> 01:30:24,040
Speaker 2: Yeah, I mean it goes both ways. Let's be honest.

1805
01:30:24,080 --> 01:30:26,800
Speaker 2: You know, it's like the volatility goes both ways. Hey,

1806
01:30:26,880 --> 01:30:29,040
Speaker 2: thank you so much. Sam, Really appreciate it. Sam, Dicky

1807
01:30:29,080 --> 01:30:32,679
Speaker 2: Beer from Fisher Funds. Right now it is eighteen minutes

1808
01:30:32,720 --> 01:30:34,519
Speaker 2: to seven. You have a Jacktam on News dogs EB.

1809
01:30:35,040 --> 01:30:37,840
Speaker 3: If it's to do with money, it matters to you.

1810
01:30:38,120 --> 01:30:42,240
Speaker 1: The Business Hour with Jack Tam and my HR the

1811
01:30:42,439 --> 01:30:45,520
Speaker 1: HR platform for SME NEUSTORGSB.

1812
01:30:45,439 --> 01:30:48,880
Speaker 2: Pretty foggy in the nine Yeah, if you are just

1813
01:30:48,960 --> 01:30:51,240
Speaker 2: heading out in Auckland this evening and you haven't looked

1814
01:30:51,240 --> 01:30:54,280
Speaker 2: outside the window already, be prepared to go relatively slowly.

1815
01:30:54,320 --> 01:30:55,800
Speaker 2: Most of the roads aren't too bad at the moment,

1816
01:30:55,840 --> 01:30:58,439
Speaker 2: but yeah, not for the first time. Over the last

1817
01:30:58,439 --> 01:31:03,160
Speaker 2: couple of weeks. Fog is enveloping parts of our biggest

1818
01:31:03,160 --> 01:31:06,080
Speaker 2: city and probably expected to last most of tonight. There

1819
01:31:06,080 --> 01:31:08,479
Speaker 2: could be some more flight delays at Oakland Airport as well.

1820
01:31:08,479 --> 01:31:09,720
Speaker 2: We'll make sure to keep you up to date on

1821
01:31:09,800 --> 01:31:12,120
Speaker 2: news Talk Seed Beam. Right now, it is fourteen minutes

1822
01:31:12,160 --> 01:31:13,720
Speaker 2: to seven and time to catch up with the UK

1823
01:31:13,800 --> 01:31:15,920
Speaker 2: correspondent in the Brady get in.

1824
01:31:15,880 --> 01:31:19,599
Speaker 21: There, Ayjack, Good to speak to you again, you.

1825
01:31:19,479 --> 01:31:22,240
Speaker 2: Too, Just tell us about these breats. A couple of

1826
01:31:22,240 --> 01:31:24,439
Speaker 2: Brits have been found shot dead in a burnt out

1827
01:31:24,520 --> 01:31:25,480
Speaker 2: car in Sweden.

1828
01:31:27,320 --> 01:31:31,400
Speaker 21: Yeah, big murder mystery. So the carriage, transpires was actually

1829
01:31:31,479 --> 01:31:35,559
Speaker 21: hired at Copenhagen Airport in Denmark. There is a five

1830
01:31:35,680 --> 01:31:38,960
Speaker 21: mile bridge that spans so you can basically pick up

1831
01:31:38,960 --> 01:31:42,799
Speaker 21: a vehicle in Denmark and drive to Sweden five miles

1832
01:31:42,880 --> 01:31:45,120
Speaker 21: of a bridge and then you're into the town of

1833
01:31:45,240 --> 01:31:49,280
Speaker 21: city of Malmo in southern Sweden. So the sequence of

1834
01:31:49,320 --> 01:31:52,439
Speaker 21: events is that Swedish police the other night found a

1835
01:31:52,479 --> 01:31:56,719
Speaker 21: burnt out vehicle. Upon closer inspection there was human remains.

1836
01:31:56,760 --> 01:31:59,679
Speaker 21: There was two male bodies in the vehicle. The vehicle

1837
01:31:59,680 --> 01:32:02,560
Speaker 21: have been born out and there are reports in Sweden

1838
01:32:02,640 --> 01:32:06,040
Speaker 21: that the bodies had gunshot wounds. Now the cops have

1839
01:32:06,040 --> 01:32:09,000
Speaker 21: obviously been able to trace the identity the plate on

1840
01:32:09,080 --> 01:32:13,360
Speaker 21: the car back to the airport in Denmark and it

1841
01:32:13,400 --> 01:32:17,400
Speaker 21: has been hired by two Brits. Now this has gone

1842
01:32:17,479 --> 01:32:21,160
Speaker 21: huge in Europe's big murder mystery. Who are the victims?

1843
01:32:21,200 --> 01:32:24,600
Speaker 21: And then a couple of families in North London reported

1844
01:32:24,680 --> 01:32:27,800
Speaker 21: two men missing who had gone on holidays. They work

1845
01:32:27,880 --> 01:32:30,960
Speaker 21: as travel agents in North London and the men had

1846
01:32:30,960 --> 01:32:33,120
Speaker 21: said to their families that they were going on a

1847
01:32:33,120 --> 01:32:35,640
Speaker 21: business trip to Europe and they would be home to

1848
01:32:35,680 --> 01:32:39,840
Speaker 21: watch the European Soccer Final England against Spain on Sunday night.

1849
01:32:40,320 --> 01:32:43,200
Speaker 21: They never came home. So police are joining up the

1850
01:32:43,280 --> 01:32:45,960
Speaker 21: dots and it looks like the two dead Brits are

1851
01:32:45,960 --> 01:32:49,680
Speaker 21: these travel agents from North London. It is quite a

1852
01:32:49,800 --> 01:32:54,080
Speaker 21: murky story because where the vehicle was found is an

1853
01:32:54,080 --> 01:32:58,599
Speaker 21: area that is right with gangland crime in Sweden. Would

1854
01:32:58,640 --> 01:33:01,040
Speaker 21: you believe so there's a lot not kind of making

1855
01:33:01,120 --> 01:33:03,559
Speaker 21: sense at the moment. I'm sure the police know a

1856
01:33:03,600 --> 01:33:06,360
Speaker 21: lot more than we're being told. But two families in

1857
01:33:06,400 --> 01:33:10,639
Speaker 21: London in mourning and a murder mystery in Sweden.

1858
01:33:10,880 --> 01:33:15,360
Speaker 2: Yeah, how strange. And I mean we often don't think

1859
01:33:15,400 --> 01:33:21,479
Speaker 2: of gangs and organized crime being that prominent in this

1860
01:33:21,640 --> 01:33:23,920
Speaker 2: part of the world, but obviously that's a concern. So

1861
01:33:24,200 --> 01:33:27,320
Speaker 2: there's no word at the stage into as to a

1862
01:33:27,360 --> 01:33:29,160
Speaker 2: possible motive or anything like that.

1863
01:33:31,280 --> 01:33:35,360
Speaker 21: No, nothing. But I think the Swedish angle is interesting

1864
01:33:35,520 --> 01:33:38,719
Speaker 21: in that Sweden has a serious issue with gun crime

1865
01:33:38,800 --> 01:33:42,240
Speaker 21: and it has some gangs in Stockholm and in Malmo

1866
01:33:42,640 --> 01:33:46,280
Speaker 21: they do have organized crime groups. So the question is

1867
01:33:46,760 --> 01:33:49,719
Speaker 21: I'm sure detectives would be asking what were two travel

1868
01:33:49,720 --> 01:33:54,639
Speaker 21: agents from North London doing in an industrial area of

1869
01:33:55,320 --> 01:33:58,760
Speaker 21: a southern Swedish city where gangs have been known to

1870
01:33:58,800 --> 01:34:01,599
Speaker 21: do business before. It's doesn't make sense, Yeah.

1871
01:34:01,600 --> 01:34:05,439
Speaker 2: Very intriguing. Yeah, I'm very sad. The EU is very,

1872
01:34:05,600 --> 01:34:09,080
Speaker 2: very very angry with the Hungarian PM for meeting with

1873
01:34:09,439 --> 01:34:11,599
Speaker 2: Putin Sheening and Donald Trump.

1874
01:34:13,640 --> 01:34:16,920
Speaker 21: Yes, and Zelensky as well, so he's undertaken. Victor Orban

1875
01:34:17,160 --> 01:34:19,280
Speaker 21: is the Prime Minister of Hungary. He is a right

1876
01:34:19,320 --> 01:34:22,479
Speaker 21: wing leader, sees himself as a big strong man. The

1877
01:34:22,560 --> 01:34:25,160
Speaker 21: problem that EU has is that he's very close to

1878
01:34:25,200 --> 01:34:28,479
Speaker 21: Vladimir Putin. He's also a big supporter of Donald Trump.

1879
01:34:28,520 --> 01:34:33,160
Speaker 21: Would you believe he's extremely well connected. And the rotating

1880
01:34:33,240 --> 01:34:36,559
Speaker 21: presidency of the European Union as of last week for

1881
01:34:36,600 --> 01:34:38,839
Speaker 21: the next six months is in the hands of Hungary.

1882
01:34:39,200 --> 01:34:42,840
Speaker 21: And Auban's very first thing to do was he got

1883
01:34:42,880 --> 01:34:45,880
Speaker 21: on a plane. He went to Tiev where he met Zelensky,

1884
01:34:46,120 --> 01:34:51,439
Speaker 21: he went to Moscow where he met Putin, g who believed,

1885
01:34:52,720 --> 01:34:55,559
Speaker 21: went to mar A Lago and sat down with Donald Trump.

1886
01:34:55,920 --> 01:34:58,519
Speaker 21: Now the European Union have sent him a letter today

1887
01:34:58,560 --> 01:35:01,160
Speaker 21: which has been leaked to the papers, making it clear

1888
01:35:01,479 --> 01:35:04,439
Speaker 21: he does not speak for the European Union and to

1889
01:35:04,560 --> 01:35:05,200
Speaker 21: reign it in.

1890
01:35:05,800 --> 01:35:06,080
Speaker 5: Now.

1891
01:35:06,280 --> 01:35:10,200
Speaker 21: Auburn has responded by calling a foreign minister's meeting in

1892
01:35:10,280 --> 01:35:13,760
Speaker 21: Budapest in Hungary at the end of August, and the

1893
01:35:13,760 --> 01:35:16,760
Speaker 21: European Union is responding by saying that actually we're having

1894
01:35:16,800 --> 01:35:20,200
Speaker 21: our own foreign ministers meeting in Brussels. That's where everyone

1895
01:35:20,280 --> 01:35:22,760
Speaker 21: needs to be. So a lot of friction at the

1896
01:35:22,800 --> 01:35:24,280
Speaker 21: heart of the European Union right.

1897
01:35:24,200 --> 01:35:28,200
Speaker 2: Now, doesn't this all just play into Victor Aubin's hands, though.

1898
01:35:31,000 --> 01:35:34,160
Speaker 21: It does to an extent. But look, he's embarked on

1899
01:35:34,200 --> 01:35:37,840
Speaker 21: what they're calling freelance diplomacy. You know, the European Union

1900
01:35:38,000 --> 01:35:41,679
Speaker 21: is what twenty seven members states, and he's just decided

1901
01:35:41,720 --> 01:35:44,960
Speaker 21: to go wheakling around the world, shaking hands with people.

1902
01:35:45,040 --> 01:35:48,120
Speaker 21: And I think ultimately he's trying to make himself out

1903
01:35:48,120 --> 01:35:51,000
Speaker 21: to be the peacemaker. But the suspicion in Europe is that,

1904
01:35:51,080 --> 01:35:53,200
Speaker 21: you know, this is a guy who blocked out for Ukraine.

1905
01:35:53,280 --> 01:35:55,840
Speaker 21: This is a guy who has been a thorn in

1906
01:35:55,880 --> 01:35:58,840
Speaker 21: the side of the European Union for years. And the

1907
01:35:58,880 --> 01:36:02,040
Speaker 21: presidency normally is just a figurehead role. You know, you

1908
01:36:02,120 --> 01:36:05,160
Speaker 21: get to have some nice meetings, host people in your country,

1909
01:36:05,280 --> 01:36:08,120
Speaker 21: show off the nice parts of your country for tourism

1910
01:36:08,200 --> 01:36:11,400
Speaker 21: purposes and to the media. And he's making it all

1911
01:36:11,400 --> 01:36:12,160
Speaker 21: about himself.

1912
01:36:12,560 --> 01:36:15,960
Speaker 2: And in the Kiostama has welcomed the Irish Prime Minister

1913
01:36:16,000 --> 01:36:19,240
Speaker 2: with the pinder Guinness.

1914
01:36:19,520 --> 01:36:21,720
Speaker 21: Yes, so this would have been unheard of just a

1915
01:36:21,760 --> 01:36:24,120
Speaker 21: couple of weeks ago, the change of regime in London.

1916
01:36:24,160 --> 01:36:27,040
Speaker 21: It's like a breath of fresh air. We've seen Starmer

1917
01:36:27,120 --> 01:36:30,839
Speaker 21: reaching out to Europe. We've seen him meeting officials, talking

1918
01:36:30,880 --> 01:36:34,439
Speaker 21: to President Macron of France as a friend. Liz Trust

1919
01:36:34,479 --> 01:36:36,600
Speaker 21: said she didn't know whether he was a friend or

1920
01:36:36,640 --> 01:36:39,639
Speaker 21: an enemy. And it's hard to believe what we've been

1921
01:36:39,680 --> 01:36:42,559
Speaker 21: through in recent years here in terms of lack of leaders.

1922
01:36:42,600 --> 01:36:45,200
Speaker 21: Who has been falling out with your neighbors. There is

1923
01:36:45,280 --> 01:36:48,240
Speaker 21: no reason in twenty twenty four that the leaders of

1924
01:36:48,320 --> 01:36:52,240
Speaker 21: Britain and Ireland cannot be friends. We have so much

1925
01:36:52,240 --> 01:36:54,840
Speaker 21: in common. I'm an Irish person who's lived in England

1926
01:36:54,880 --> 01:36:58,040
Speaker 21: thirty one years. I have children born here. There are

1927
01:36:58,120 --> 01:37:00,800
Speaker 21: so many English people living in Ireland. We have so

1928
01:37:01,200 --> 01:37:04,880
Speaker 21: much in common. We have more in common than divides us.

1929
01:37:05,280 --> 01:37:07,599
Speaker 21: But for the best part of fourteen years, I would

1930
01:37:07,600 --> 01:37:11,640
Speaker 21: say the leaders of Ireland and the UK have not

1931
01:37:11,880 --> 01:37:15,040
Speaker 21: been friends, have not been in a good situation. And

1932
01:37:15,160 --> 01:37:18,559
Speaker 21: Starmer in week two has invited the tea shock or

1933
01:37:18,560 --> 01:37:21,880
Speaker 21: Prime Minister of Ireland Simon Harris over. They stayed in

1934
01:37:21,960 --> 01:37:24,960
Speaker 21: Checkers last night and Starmer put a picture up on

1935
01:37:25,040 --> 01:37:27,479
Speaker 21: social media of the two of them on the terraces

1936
01:37:28,080 --> 01:37:32,080
Speaker 21: Checkers in Buckinghamshire drinking pints of guinness. You know, it's

1937
01:37:32,120 --> 01:37:35,759
Speaker 21: the way forward. Friendship, reach out to your nearest neighbors

1938
01:37:35,760 --> 01:37:39,120
Speaker 21: and be good neighbors as opposed to this constant conservative

1939
01:37:39,160 --> 01:37:42,000
Speaker 21: rhetoric of just hating the French and the Irish, shall

1940
01:37:42,040 --> 01:37:45,479
Speaker 21: forget about them. You know, Starmer, I think he's had

1941
01:37:45,520 --> 01:37:46,800
Speaker 21: an impressive fortnite.

1942
01:37:46,960 --> 01:37:50,160
Speaker 2: Yeah, yeah, Does anyone have a problem with us with

1943
01:37:50,280 --> 01:37:52,679
Speaker 2: him like reaching out to the Irish promise for all.

1944
01:37:53,120 --> 01:37:56,000
Speaker 7: Yeah, not in the slightest.

1945
01:37:56,040 --> 01:37:57,960
Speaker 21: I don't think anyone should have a problem with us.

1946
01:37:58,000 --> 01:38:01,080
Speaker 21: I mean, there are so many common issue in Europe

1947
01:38:01,200 --> 01:38:04,920
Speaker 21: right now. First of all, migration and all these people

1948
01:38:04,920 --> 01:38:06,720
Speaker 21: who want to come to the UK, many of them

1949
01:38:06,760 --> 01:38:10,000
Speaker 21: are now coming over to Ireland. You know, Ireland's are

1950
01:38:10,080 --> 01:38:13,120
Speaker 21: proud member of the European Union. And I think Starmer

1951
01:38:13,320 --> 01:38:17,320
Speaker 21: is basically rebuilding bridges that have been not just broken

1952
01:38:17,760 --> 01:38:20,599
Speaker 21: burnt by the likes of Boris Johnson and Liz Tross.

1953
01:38:20,680 --> 01:38:21,000
Speaker 5: Yeah.

1954
01:38:21,160 --> 01:38:24,360
Speaker 2: Ah, very good, Thank you. Inda. That is UK correspondent

1955
01:38:24,520 --> 01:38:26,960
Speaker 2: in the Brady right now. It is seven to seven.

1956
01:38:27,560 --> 01:38:31,479
Speaker 1: Whether it's macro, micro or just playing economics, it's all

1957
01:38:31,520 --> 01:38:35,160
Speaker 1: on the Business Hour with Heather Duplicy Ellen and my HR.

1958
01:38:35,479 --> 01:38:38,080
Speaker 3: The HR platform for SME US talks.

1959
01:38:37,880 --> 01:38:41,400
Speaker 2: It b the it is almost us for our time

1960
01:38:41,439 --> 01:38:43,800
Speaker 2: to give it this afternoon. Thank you very much for

1961
01:38:43,880 --> 01:38:48,519
Speaker 2: your ticks and emails, all your communications. Darcy Waldergrave is

1962
01:38:48,520 --> 01:38:51,479
Speaker 2: going to be taking you through this evening on Sports Talk.

1963
01:38:51,520 --> 01:38:53,120
Speaker 2: He's going to have a catch up with Justin Marshall.

1964
01:38:53,160 --> 01:38:56,439
Speaker 2: They will break down at All Backs starting fifteen for

1965
01:38:56,560 --> 01:39:00,880
Speaker 2: what feels like Lesbie as it's a pretty weird test

1966
01:39:01,400 --> 01:39:04,720
Speaker 2: San Diego this Saturday afternoon, even just saying that the

1967
01:39:04,760 --> 01:39:07,280
Speaker 2: All Backs playing in San Diego? Oh cool? Are they're

1968
01:39:07,280 --> 01:39:07,920
Speaker 2: playing Usa?

1969
01:39:08,080 --> 01:39:08,320
Speaker 4: Nah?

1970
01:39:08,439 --> 01:39:11,920
Speaker 2: They're playing Fiji in San Diego? Oh okay? Is it

1971
01:39:11,960 --> 01:39:12,719
Speaker 2: the American winter?

1972
01:39:12,840 --> 01:39:13,320
Speaker 7: Nah?

1973
01:39:13,479 --> 01:39:16,160
Speaker 2: Now it's just the middle of the American summer. Cool Okay,

1974
01:39:16,680 --> 01:39:20,000
Speaker 2: nice hard ground yep. Anyway, he's gonna be talking to

1975
01:39:20,080 --> 01:39:25,320
Speaker 2: Justin Marshall about the Allbacks team for that after seven

1976
01:39:25,360 --> 01:39:28,519
Speaker 2: o'clock on Sports Talk. I'm back with you tomorrow afternoon

1977
01:39:28,560 --> 01:39:30,960
Speaker 2: from four o'clock. Tell then what have you chosen?

1978
01:39:31,040 --> 01:39:33,360
Speaker 23: Nance set fire to the rain by Adele to play

1979
01:39:33,400 --> 01:39:35,880
Speaker 23: us out tonight. Jack Adele is going to have a

1980
01:39:35,880 --> 01:39:37,680
Speaker 23: break or some time off or whatever that looks like

1981
01:39:37,680 --> 01:39:40,519
Speaker 23: when you're a pop star. She has said she's wanting

1982
01:39:40,560 --> 01:39:42,519
Speaker 23: you to take things easy for a while, spend quality

1983
01:39:42,560 --> 01:39:44,920
Speaker 23: time with Rich Paul, who's a partner, and her eleven

1984
01:39:45,000 --> 01:39:47,840
Speaker 23: year old son Angelo, And she has no plans for

1985
01:39:47,840 --> 01:39:50,120
Speaker 23: any new music at all, but she said like she

1986
01:39:50,160 --> 01:39:51,960
Speaker 23: will make another album at some point in the future

1987
01:39:51,960 --> 01:39:53,439
Speaker 23: and she'll do a big tour and stuff then, but

1988
01:39:53,520 --> 01:39:55,840
Speaker 23: just don't expect it for anytime soon. Something tells me

1989
01:39:55,880 --> 01:39:59,240
Speaker 23: that Adele has crossed that threshold where she's making money

1990
01:39:59,240 --> 01:40:01,559
Speaker 23: when she sleeps, she's probably going to be okay, probably

1991
01:40:01,560 --> 01:40:02,799
Speaker 23: doesn't need to be churning.

1992
01:40:02,560 --> 01:40:04,800
Speaker 2: Out too many albums or tours, right, But you'd hope

1993
01:40:04,840 --> 01:40:07,240
Speaker 2: she still enjoys doing that. I'm sure you'd hope she

1994
01:40:07,320 --> 01:40:09,040
Speaker 2: enjoys doing it. She doesn't need to do it to

1995
01:40:09,240 --> 01:40:12,920
Speaker 2: the point. Yeah, yeah, very good. Thanks thanks to Laura

1996
01:40:12,960 --> 01:40:15,439
Speaker 2: for putting visas on the show together. I will see

1997
01:40:15,439 --> 01:40:17,920
Speaker 2: you tomorrow afternoon. US is next on News Talks.

1998
01:40:17,920 --> 01:40:18,200
Speaker 5: He'd be.

1999
01:40:31,400 --> 01:40:34,560
Speaker 1: For more from Hither Duplessy Alan Drive. Listen live to

2000
01:40:34,680 --> 01:40:37,719
Speaker 1: News Talks. It'd be from four pm weekdays, or follow

2001
01:40:37,760 --> 01:40:39,520
Speaker 1: the podcast on iHeartRadio.