WEBVTT - The Panel: Benjamin Doyle's Instagram, America's Cup host

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<v Speaker 1>You're listening to the Weekend Collective podcast from news Talk, SAIDB,

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<v Speaker 1>debating all the issues and more. It's the panel on

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<v Speaker 1>the Weekend Collective on news Talk, said B. High El

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<v Speaker 1>seven higher.

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<v Speaker 2>Welcome, so hard.

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<v Speaker 3>And very warm. Welcome to you, good afternoon, Welcome to

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<v Speaker 3>the Weekend Collective for the Saturday, the fifth of April.

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<v Speaker 3>And you can text your feedback anytime on nine two

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<v Speaker 3>nine two or email Tim B at Newstalks ab dot

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<v Speaker 3>cod z if you're not in a hurry. But of

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<v Speaker 3>course we'll be looking forward to your calls later on

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<v Speaker 3>coming up on today's show in just a moment our

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<v Speaker 3>panel who I'll be introducing shortly, looking a little further

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<v Speaker 3>ahead to when we will be taking your calls. As

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<v Speaker 3>I mentioned on eight hundred eighty ten eighty for the

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<v Speaker 3>one roof radio show, we've got Ed McKnight joining us.

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<v Speaker 3>He's a resident economist at Opez Partners, asking the question

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<v Speaker 3>is the golden age of property investment over? But also

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<v Speaker 3>we might dwell in two we've got time alternative ways

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<v Speaker 3>of getting attention for your property that's just not selling,

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<v Speaker 3>such as I don't know a one dollar dollar reserve,

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<v Speaker 3>dangerous game and after five o'clock for the Parents Squad.

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<v Speaker 3>Sarah chap When joins us. She's a psychologist at Mind

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<v Speaker 3>Works now talking about managing a household with a blended family.

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<v Speaker 3>So all, if you've got the step kids and the

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<v Speaker 3>blended family of children, who can tell whose kids what

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<v Speaker 3>and what are the rules? We love your input on this.

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<v Speaker 3>On eight hundred and eighty ten to eighty and before six,

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<v Speaker 3>we're talking to our own superman, Christopher Reeve. He is

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<v Speaker 3>a sports journalist with zed Mee and it's Auckland def

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<v Speaker 3>C versus Western Sydney Wanderers. We're going to preview that

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<v Speaker 3>as well as get his take on the upcoming qualifying

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<v Speaker 3>rounds for the f one which of this evenings, So

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<v Speaker 3>that is lots to get our heads around. Welcome to

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<v Speaker 3>the Weekend Collective. It's eight minutes past.

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<v Speaker 1>Three, entertaining and always boys. Tim Beverage on the Weekend

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<v Speaker 1>Collective News talks that'd.

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<v Speaker 3>Be oh yes, indeed and no particular ordership. We introduced

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<v Speaker 3>her quite modestly as a producer and journalist. But she's

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<v Speaker 3>I think over the course of your career, she said,

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<v Speaker 3>her fingers and all sorts of pies, isn't she it's

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<v Speaker 3>Irene Gardener.

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<v Speaker 2>Hello Irene, how are you?

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<v Speaker 4>I'm very well, thank you.

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<v Speaker 3>That you've had a fairly eclectic You've got lots of

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<v Speaker 3>interest seven arts and broadcasting.

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<v Speaker 4>Journalist and TV producer by trade. But yeah, these days

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<v Speaker 4>I do boards and things like that, and so yeah,

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<v Speaker 4>I'm a bit of cross that I do boards.

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<v Speaker 3>I do boards on board.

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<v Speaker 4>That's quite that was quite bad grammar for someone claiming

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<v Speaker 4>to a FA.

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<v Speaker 3>Journalists boards works for me, and he is. I was

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<v Speaker 3>just reflecting with Irene and my producer, just the insufferable

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<v Speaker 3>youth of Brad Olsen, the CEO of in for Metrics,

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<v Speaker 3>and I thought of you as we played that slightly

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<v Speaker 3>groovy music, Brad, that you'd be wanting to bust some moves.

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<v Speaker 3>But coming to us down the line from Elington, good ay, gooday.

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<v Speaker 5>Look, I was trying to bust some moves. Although if

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<v Speaker 5>you ask me any details about the song when it

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<v Speaker 5>came out and who made it, I'm not sure if

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<v Speaker 5>I'm quiet as across that detail.

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<v Speaker 3>Possibly before you were born, I'm guessing really likely. What's

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<v Speaker 3>everything old is new again?

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<v Speaker 6>They know, Brad.

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<v Speaker 2>Anyway, nice to have you guys on the show. Look,

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<v Speaker 2>let's let's rip into it, shall we. The first thing

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<v Speaker 2>look just a quick thing.

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<v Speaker 3>So we've got another pole out and it's the Taxpayer

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<v Speaker 3>Unions Union Curier pole, and it has had several poles

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<v Speaker 3>that have been bad news for the government. But it

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<v Speaker 3>looks like it's switched around a bit and probably, of

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<v Speaker 3>course Labor's fallen a few points. Inexplicably, the Greens are

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<v Speaker 3>up to eleven points. I guess maybe the needge to

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<v Speaker 3>that pole. Now it might be a bit different. New

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<v Speaker 3>Zealand First is up two point three to seven point

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<v Speaker 3>four and Act up two point three to ten percent.

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<v Speaker 2>Here's the thing.

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<v Speaker 3>When I saw it as another pole out, I thought,

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<v Speaker 3>oh God, who cares? I mean, who cares about poles?

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<v Speaker 3>I don't even really believe them because I look at

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<v Speaker 3>the results on think, how can the Greens be on

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<v Speaker 3>eleven percent?

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<v Speaker 4>What do you think?

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<v Speaker 2>What's your take on the polls, brad Oh, I.

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<v Speaker 5>Mean they are a snapshot in time, but I mean,

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<v Speaker 5>tim if they reflected exactly what you thought then that

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<v Speaker 5>you know it'd be just one one party in power,

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<v Speaker 5>just simply mathematically. And I think that's the thing. It

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<v Speaker 5>just reflects the all encompassing views of a range of

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<v Speaker 5>New Zealanders in this case. I think normally most of

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<v Speaker 5>the poles are about a thousand people, but there are

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<v Speaker 5>a thousand different people every time, So looking through those numbers,

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<v Speaker 5>I don't take a lot pole to pole in the

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<v Speaker 5>fact that you know anyone's up one or two points,

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<v Speaker 5>because that's within the eraror margin. The fact that Label

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<v Speaker 5>was down four point three points, a little bit above

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<v Speaker 5>the era margin does sort of suggest is a little

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<v Speaker 5>bit less there for them at the moment. But the

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<v Speaker 5>fact that National didn't go up all that much, I mean,

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<v Speaker 5>there's been a lot in the last couple of weeks

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<v Speaker 5>You've had, of course the Prime Minister's trip to India

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<v Speaker 5>that was quite successful on the international front, but a

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<v Speaker 5>lot of questions being still back at home around delivery

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<v Speaker 5>and particularly the economy.

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<v Speaker 6>So so I think.

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<v Speaker 5>Realistically it's probably that you look through a couple of

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<v Speaker 5>the poles that have been released the last couple of weeks,

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<v Speaker 5>people are still pretty questioning of where the economy's at,

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<v Speaker 5>but also obviously showing a bit of frustration with the

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<v Speaker 5>opposition too. That is probably we you'd expect to be,

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<v Speaker 5>given where we are in the political cycle, sort of Midtermish.

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<v Speaker 2>Irene. Do you follow the poles much?

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<v Speaker 4>Oh, yes, I'm always interested. I mean, you know, as

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<v Speaker 4>Brad says, they're kind of a snapshot, they're a bit

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<v Speaker 4>of a guide and they are often affected by you know,

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<v Speaker 4>who's just had a good week, month whatever. I mean,

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<v Speaker 4>you know, looking at the bunch of them lately, you'd

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<v Speaker 4>have to say that, you know, the two blocks are

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<v Speaker 4>feely even. The two main parties are fairly even. I

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<v Speaker 4>think they actually are quite important, even though they can

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<v Speaker 4>sometimes be wrong. I think that I think, you know,

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<v Speaker 4>it's a read for governments to kind of, you know,

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<v Speaker 4>realize if they're doing what the people who voted for

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<v Speaker 4>them kind of want them to be doing or not.

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<v Speaker 4>I mean, I know they do their own internal polling,

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<v Speaker 4>but I think it's good that we as the public

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<v Speaker 4>are aware of polling as well. So yeah, I think

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<v Speaker 4>polls are okay. The ones just before the election are

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<v Speaker 4>quite often wrong.

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<v Speaker 3>However, Yeah, Actually, I think the thing is is that

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<v Speaker 3>so we see this and as a headline it's been

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<v Speaker 3>good news for the government, and then we'll see another

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<v Speaker 3>one done by a different polster being reported in a

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<v Speaker 3>week or two or three, and it will look completely

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<v Speaker 3>the opposite, and we seem to have so much swaying

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<v Speaker 3>around that I'm wondering if we still have a way

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<v Speaker 3>to go brown on the methodology and getting consistency that,

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<v Speaker 3>for instance, re research versus the taxpayer union pole in

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<v Speaker 3>my memory, and I don't lock these things too hard

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<v Speaker 3>that they always tell a different story just because they're

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<v Speaker 3>different polsters.

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<v Speaker 5>Yeah, I mean you can see that throughout different poles.

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<v Speaker 5>I mean, to be fair, if you had the Taxpayers

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<v Speaker 5>Union that did one a week later, you'd probably get

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<v Speaker 5>a different result. Again, I mean just because you're calling it.

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<v Speaker 5>You've only got a thousand people that are polled in

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<v Speaker 5>these when we've got what five million odd New Zealanders.

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<v Speaker 5>You will get a different view every time. But they

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<v Speaker 5>will generally trend around the same area what we generally do.

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<v Speaker 5>And maybe it's less about what we do with the

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<v Speaker 5>polls and maybe how we talk about that instead of

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<v Speaker 5>referring just to the latest snapshot whenever it might have been.

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<v Speaker 5>What often you see a lot of informed commentators do

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<v Speaker 5>is they'll look through the latest polls. I'll sort of

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<v Speaker 5>average the last three to five or so and go, look,

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<v Speaker 5>what is there A bit of a broad trend Are

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<v Speaker 5>things trending up trending down? You don't want to sort

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<v Speaker 5>of look at one pole and think, oh, it's definitely

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<v Speaker 5>the absolute gold stand and all the other ones beforehand

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<v Speaker 5>was silly. You more want to try and take a

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<v Speaker 5>bit of that overtime vibe shift. Is there a trend

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<v Speaker 5>up for one party or a trend down? So I

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<v Speaker 5>think that's where often we could do a little bit

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<v Speaker 5>better as going, hey, is this showing better things overall

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<v Speaker 5>for the government? Is there more concerned with the opposition

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<v Speaker 5>how the minor party is doing? But again, we're also

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<v Speaker 5>a long way away from an election, so what does

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<v Speaker 5>it matter.

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<v Speaker 6>What does it do to us? Not a lot. At

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<v Speaker 6>the moment.

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<v Speaker 5>It just sort of keeps us broadly informed with how

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<v Speaker 5>people are trending, and at the moment things seem to

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<v Speaker 5>be a little bit more even Stevens than before in

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<v Speaker 5>terms of the blocks of power.

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<v Speaker 3>Can I just ask it as an economist as a

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<v Speaker 3>useful guide for us, because we hardly ever when there's

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<v Speaker 3>a poll out And mind what I know, I never

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<v Speaker 3>noticed that anyone actually acknowledges too much. By the way,

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<v Speaker 3>this is within the margin of eraror can you explain

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<v Speaker 3>to us, so people can when they hear the next

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<v Speaker 3>pole come out, they can go put it in context.

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<v Speaker 3>What is the margin of error and how significant is

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<v Speaker 3>it when you get a point five percent shift out

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<v Speaker 3>of one thousand people?

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<v Speaker 5>Yep, So I mean most of the time you do

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<v Speaker 5>see the margin of eraror reported, but it's often not

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<v Speaker 5>put in as much context. So the pole that came

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<v Speaker 5>out and we're talking about at the moment a thousand

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<v Speaker 5>people were surveyed, it's got a maximum margin of era

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<v Speaker 5>of three point one percent. So basically the long too

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<v Speaker 5>long don't read there is if you've got a shift

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<v Speaker 5>above three point one percent, hey yeah, it's material. It's

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<v Speaker 5>it's sort of big enough to actually pay a bit

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<v Speaker 5>of attention to if it's below three point one percent.

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<v Speaker 5>So if it's point five percent, even if it's one percent,

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<v Speaker 5>there's a question of is it a real genuine shift

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<v Speaker 5>or is it just a little bit of noise in

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<v Speaker 5>the data because you ask some different people are the

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<v Speaker 5>same questions at different time, So realistically we start to

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<v Speaker 5>get a lot more interested when you start to see

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<v Speaker 5>those shifts over time. That's also where the averaging comes

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<v Speaker 5>in so usefully, though, Like if you had one party

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<v Speaker 5>on twenty five percent, and then over the course of

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<v Speaker 5>five to seven polls it ended up on thirty five percent.

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<v Speaker 5>That's pretty big, So every time you saw it wouldn't

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<v Speaker 5>necessarily mean it was better worse for otherwise, but you

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<v Speaker 5>do want to look at that trend. So generally, what

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<v Speaker 5>you're trying to figure out is is this actual reality

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<v Speaker 5>a big change, something noticeable, or is it just that

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<v Speaker 5>a few different people have been asked a slightly different question.

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<v Speaker 3>I've got one more question, sorry that Irene will want

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<v Speaker 3>to chip in in a second, but not on the economics.

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<v Speaker 3>Shaking your head, is it more significant when you if

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<v Speaker 3>you are polling four or five percent, does it mean

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<v Speaker 3>that the shifts that your experience need to be taken

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<v Speaker 3>with a bigger grain assault than the big parties who

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<v Speaker 3>are getting thirty three thirty four percent each?

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<v Speaker 5>Well, well, basically, I mean if you're you know, I

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<v Speaker 5>think there was a report about the likes of to

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<v Speaker 5>party madia A who increased. I think I'm just looking

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<v Speaker 5>through the numbers here. They fell two point two to

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<v Speaker 5>four point three. I mean that says that their support haved.

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<v Speaker 5>I mean, really, you know, do they really whips all

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<v Speaker 5>that much likely hood is no, they didn't. It's just

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<v Speaker 5>you're talking pretty small numbers there. Of course, it does

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<v Speaker 5>meta for the political calculus, because five percent is that

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<v Speaker 5>sort of magic threshold number, and it does matter how

0:10:15.081 --> 0:10:17.201
<v Speaker 5>many people you get. But yeah, you should. I mean

0:10:17.241 --> 0:10:19.441
<v Speaker 5>put it this way. I think take political polls with

0:10:19.521 --> 0:10:21.481
<v Speaker 5>a grain of salt generally. Don't sort of look at

0:10:21.521 --> 0:10:23.361
<v Speaker 5>the last one and go it's absolute gospl and all

0:10:23.361 --> 0:10:25.601
<v Speaker 5>the other ones I just disregard, sort of got to

0:10:25.601 --> 0:10:27.561
<v Speaker 5>put them in the mix with everything else you see

0:10:27.601 --> 0:10:29.441
<v Speaker 5>out there, How many poles have come through? What other

0:10:29.521 --> 0:10:30.801
<v Speaker 5>informations are out there?

0:10:31.001 --> 0:10:31.881
<v Speaker 2>Have you ever been polled?

0:10:31.921 --> 0:10:32.281
<v Speaker 6>Irene?

0:10:33.121 --> 0:10:33.161
<v Speaker 4>No?

0:10:33.801 --> 0:10:34.241
<v Speaker 1>No, me?

0:10:34.681 --> 0:10:38.361
<v Speaker 6>No you Brad, Oh no, I'm gutted. I mean I'd

0:10:38.401 --> 0:10:39.841
<v Speaker 6>love to. It'd be so interesting.

0:10:40.041 --> 0:10:42.561
<v Speaker 3>I'm dying to be polled for the radio survey because

0:10:42.601 --> 0:10:44.801
<v Speaker 3>they'd say, who do you listen to? I'd say the

0:10:44.841 --> 0:10:47.041
<v Speaker 3>Weekend Collective all day long, every time it's on. Do

0:10:47.121 --> 0:10:48.441
<v Speaker 3>you listen to anyone else? No?

0:10:51.841 --> 0:10:53.601
<v Speaker 6>And who are you calling? Nix? I can prep them

0:10:53.641 --> 0:10:55.201
<v Speaker 6>with the romance exactly.

0:10:55.761 --> 0:10:58.561
<v Speaker 3>Anyway, let's move on to well, this is an awkward

0:10:58.561 --> 0:10:59.281
<v Speaker 3>story for the Navy.

0:10:59.321 --> 0:10:59.601
<v Speaker 2>Of course.

0:10:59.641 --> 0:11:02.441
<v Speaker 3>The man and ma nui. I don't think there's anyone's

0:11:02.481 --> 0:11:06.721
<v Speaker 3>surprise here, Irene. That was human there. And as we've learned,

0:11:06.721 --> 0:11:10.521
<v Speaker 3>the failure to disengage in autopilot control as the root

0:11:10.601 --> 0:11:13.321
<v Speaker 3>cause of the New Zealand Navy ship running aground and sinking.

0:11:14.321 --> 0:11:16.921
<v Speaker 3>What's your what's your feeling about this? The damage that

0:11:17.161 --> 0:11:20.481
<v Speaker 3>does to the impression that we get of I don't know.

0:11:20.521 --> 0:11:21.361
<v Speaker 2>The Navy at least.

0:11:21.521 --> 0:11:22.401
<v Speaker 4>Yeah, it's not great.

0:11:22.521 --> 0:11:22.721
<v Speaker 2>Is it.

0:11:24.681 --> 0:11:25.081
<v Speaker 6>Not great?

0:11:25.361 --> 0:11:25.801
<v Speaker 2>Understand?

0:11:25.961 --> 0:11:28.561
<v Speaker 3>Not good? Not good?

0:11:29.241 --> 0:11:32.041
<v Speaker 4>And you know, it's been quite a serious I have

0:11:32.121 --> 0:11:34.121
<v Speaker 4>a friend who's been up there working as part of

0:11:34.201 --> 0:11:37.281
<v Speaker 4>a environmental missile to make sure, you know, to mitigate

0:11:37.361 --> 0:11:43.041
<v Speaker 4>the potential damage there. Oh yeah, I mean I know

0:11:43.161 --> 0:11:45.121
<v Speaker 4>I shouldn't on such a serious story, but there was

0:11:45.161 --> 0:11:47.641
<v Speaker 4>a little part of me because part of it, yes,

0:11:47.721 --> 0:11:49.281
<v Speaker 4>there was that auto part of the thing, but part

0:11:49.321 --> 0:11:53.081
<v Speaker 4>of it was also an acceleration instead of a breaking incident.

0:11:53.161 --> 0:11:54.561
<v Speaker 4>And I know so many people who have done that

0:11:54.641 --> 0:11:57.921
<v Speaker 4>in a car. And you don't drive, so this is

0:11:58.001 --> 0:11:59.521
<v Speaker 4>not you, and you think that you would do that

0:12:00.481 --> 0:12:03.881
<v Speaker 4>in a fairy It's like it's kind of like no, no, no, no.

0:12:03.961 --> 0:12:06.481
<v Speaker 2>No, no, no way back back back.

0:12:06.721 --> 0:12:08.881
<v Speaker 3>Well, actually I think most of us would have guessed

0:12:08.921 --> 0:12:10.641
<v Speaker 3>this almost because we saw it with the ferry that

0:12:10.761 --> 0:12:12.881
<v Speaker 3>ran aground and the sounds. It wasn't that an autopilot

0:12:12.921 --> 0:12:15.921
<v Speaker 3>thing as well, the cursored autopilot Brown.

0:12:16.681 --> 0:12:19.281
<v Speaker 5>It was indeed, I mean and like like our you know,

0:12:19.441 --> 0:12:22.441
<v Speaker 5>embarrassing that we did manage to speed up into a

0:12:22.521 --> 0:12:25.561
<v Speaker 5>reef and then lose one hundred million dollar warship. We

0:12:25.601 --> 0:12:27.641
<v Speaker 5>don't have a lot of them to start with, so,

0:12:27.761 --> 0:12:30.481
<v Speaker 5>you know, losing something pretty pretty vital. I think the

0:12:30.561 --> 0:12:34.841
<v Speaker 5>difficulty here, Wright, is that, like New Zealand's navy, we've

0:12:34.881 --> 0:12:37.441
<v Speaker 5>got some good players, we've got some good ships, we've

0:12:37.481 --> 0:12:39.561
<v Speaker 5>got some great people. But on this occasion, we just

0:12:39.641 --> 0:12:42.681
<v Speaker 5>fell really really short of the mark. Why does that matter? Well,

0:12:42.721 --> 0:12:44.601
<v Speaker 5>it's really hard for us to go back into the

0:12:44.641 --> 0:12:47.081
<v Speaker 5>Pacific and say, hey, we're here to support you when

0:12:47.161 --> 0:12:48.921
<v Speaker 5>the last time we did we sank a ship in

0:12:49.041 --> 0:12:52.801
<v Speaker 5>someone else's brief. And the global sort of position here,

0:12:52.841 --> 0:12:55.321
<v Speaker 5>Wright is that you know, international partners are saying, and

0:12:55.361 --> 0:12:58.841
<v Speaker 5>they've started almost jokingly say it publicly, is New Zealand

0:12:58.921 --> 0:13:00.921
<v Speaker 5>serious on this front? I mean, like, can we can

0:13:01.001 --> 0:13:03.001
<v Speaker 5>we rely on New Zealand? So we've got to make

0:13:03.041 --> 0:13:05.441
<v Speaker 5>sure that from this we take some pretty serious lessons,

0:13:05.481 --> 0:13:07.881
<v Speaker 5>we do something pretty serious about it. The Navy has

0:13:07.961 --> 0:13:10.121
<v Speaker 5>got to take this and move it forward and figure

0:13:10.121 --> 0:13:12.601
<v Speaker 5>out what we do at the other side, because the

0:13:12.721 --> 0:13:15.401
<v Speaker 5>training apparently just was an up to standard. I mean, Tim,

0:13:15.441 --> 0:13:17.121
<v Speaker 5>I don't know if you've gone read the transcript, but

0:13:17.201 --> 0:13:19.961
<v Speaker 5>some of the stuff that's been coming through it suggests that, look,

0:13:20.041 --> 0:13:22.441
<v Speaker 5>we just weren't as in control as what we needed

0:13:22.481 --> 0:13:24.521
<v Speaker 5>to be and that is a fundamental failure.

0:13:25.681 --> 0:13:26.881
<v Speaker 2>Yes, it'd be interesting to see.

0:13:26.881 --> 0:13:28.801
<v Speaker 3>Actually, just reminds me of the budget that's coming up,

0:13:28.881 --> 0:13:31.361
<v Speaker 3>that what we're going to announce for our defense spending,

0:13:31.441 --> 0:13:33.961
<v Speaker 3>because we are I think there's some pressure on us

0:13:34.001 --> 0:13:36.281
<v Speaker 3>to look like we're taking it seriously. So anyway, look

0:13:36.321 --> 0:13:38.681
<v Speaker 3>on to other things. The Green the story with the

0:13:38.721 --> 0:13:42.521
<v Speaker 3>Greens this week with the Green MP Benjamin Doyle with

0:13:42.921 --> 0:13:47.801
<v Speaker 3>appropriate inappropriate language next to photos on social media, the

0:13:47.921 --> 0:13:52.641
<v Speaker 3>Greens saying that context is critical and actually they've had

0:13:52.641 --> 0:13:54.001
<v Speaker 3>a bit of a caning from one of the people

0:13:54.001 --> 0:13:56.121
<v Speaker 3>who broke the story, Ani O'Brien for saying, look, you

0:13:56.161 --> 0:13:58.001
<v Speaker 3>know you're saying that this is normal for all of

0:13:58.121 --> 0:14:01.441
<v Speaker 3>us and trying to group all people in the LGBTQI community.

0:14:02.001 --> 0:14:05.521
<v Speaker 3>Here's my quick take before I go to you, Irene. Tragically,

0:14:05.601 --> 0:14:07.761
<v Speaker 3>for the Greens, this is going to keep giving because

0:14:07.801 --> 0:14:09.641
<v Speaker 3>if they did decide they needed to make some sort

0:14:09.681 --> 0:14:11.081
<v Speaker 3>of change, they'll be the last to do it and

0:14:11.201 --> 0:14:13.001
<v Speaker 3>it'll take them months and months and months.

0:14:13.041 --> 0:14:15.321
<v Speaker 2>But what did you think of this whole story?

0:14:16.241 --> 0:14:19.641
<v Speaker 4>Well, unlike you Tim who cruelly said earlier in the program,

0:14:19.721 --> 0:14:22.521
<v Speaker 4>you couldn't understand how ten percent of New Zealand voted

0:14:22.601 --> 0:14:26.001
<v Speaker 4>for the Greens, I can, because you know, mostly they're

0:14:26.041 --> 0:14:28.481
<v Speaker 4>there as an environmental wing, and I think a lot

0:14:28.561 --> 0:14:31.121
<v Speaker 4>of people support that. I think where they start to

0:14:31.201 --> 0:14:33.881
<v Speaker 4>come acropper is when they start getting into culture wars

0:14:34.121 --> 0:14:36.641
<v Speaker 4>and tribal stuff and so on and so forth, and

0:14:36.681 --> 0:14:40.801
<v Speaker 4>we start to lose people. To be fair, I can

0:14:41.041 --> 0:14:44.921
<v Speaker 4>see what Chloe Schwarbrick was trying to say, because it

0:14:45.081 --> 0:14:51.961
<v Speaker 4>is entirely possible that this person hasn't really done anything wrong,

0:14:52.641 --> 0:14:55.321
<v Speaker 4>that the post was just a bit of you know,

0:14:55.681 --> 0:15:00.161
<v Speaker 4>silly lingo, so on and so forth. Hard to really know,

0:15:01.401 --> 0:15:06.641
<v Speaker 4>and I think that Benjamin Doyle needs to speak well,

0:15:06.761 --> 0:15:13.081
<v Speaker 4>actually address things. Was it just a silly, lighthearted comment

0:15:14.001 --> 0:15:17.441
<v Speaker 4>and actually they're a good person and there's nothing to

0:15:17.521 --> 0:15:19.081
<v Speaker 4>worry about or what.

0:15:20.121 --> 0:15:25.041
<v Speaker 3>Well, yes, indeed, just to pick you up on one

0:15:25.041 --> 0:15:26.681
<v Speaker 3>of the things that I've picked up and talked aback

0:15:26.721 --> 0:15:29.601
<v Speaker 3>with people who might otherwise be Green voters is that

0:15:29.961 --> 0:15:31.761
<v Speaker 3>the last thing they are is Green's at the moment,

0:15:31.801 --> 0:15:35.241
<v Speaker 3>and they should rename themselves the Red Party because the

0:15:35.601 --> 0:15:38.401
<v Speaker 3>environmental issues. I mean that the ghost of I picture

0:15:38.441 --> 0:15:42.121
<v Speaker 3>the political ghost of James Shaw just being.

0:15:42.401 --> 0:15:44.601
<v Speaker 4>And that's what you hear people saying, don't you. They say,

0:15:44.681 --> 0:15:47.441
<v Speaker 4>this is not James Shaw, this is not Rod and Jeanette.

0:15:47.681 --> 0:15:49.801
<v Speaker 4>Where you know where they're going, and I think it is.

0:15:50.441 --> 0:15:54.121
<v Speaker 4>It is the wander over into cultural wars, tribal land.

0:15:55.321 --> 0:15:58.001
<v Speaker 4>I mean, someone like myself, if they really were just

0:15:58.401 --> 0:15:59.401
<v Speaker 4>the Green Party.

0:16:00.601 --> 0:16:02.481
<v Speaker 3>I mean, that's the whole thing. I mean, I think

0:16:02.481 --> 0:16:04.721
<v Speaker 3>a lot of us care about green issues, but it's

0:16:04.761 --> 0:16:06.961
<v Speaker 3>a cry from it. But Brad, this issue is going

0:16:07.001 --> 0:16:09.161
<v Speaker 3>to keep on giving because at some stage Benjamin Door

0:16:09.281 --> 0:16:13.281
<v Speaker 3>is going to return to Parliament and probably play the

0:16:13.361 --> 0:16:15.601
<v Speaker 3>victim card about threats and all that sort of thing,

0:16:15.641 --> 0:16:18.281
<v Speaker 3>And the last thing they will do is actually address

0:16:18.401 --> 0:16:20.721
<v Speaker 3>the appropriateness of those texts, which, to be clear, to

0:16:20.801 --> 0:16:24.401
<v Speaker 3>people had sexualized language and with photos with children in them,

0:16:24.481 --> 0:16:27.521
<v Speaker 3>including an emoji which is an emoji which is the

0:16:27.761 --> 0:16:30.361
<v Speaker 3>other meaning for it as an emoji for pedophilia. So

0:16:30.761 --> 0:16:32.201
<v Speaker 3>it was pretty dodgy.

0:16:32.001 --> 0:16:32.601
<v Speaker 2>Sort of stuff.

0:16:32.721 --> 0:16:34.681
<v Speaker 3>Anyway, they're going to keep giving, aren't they, as a

0:16:34.721 --> 0:16:37.321
<v Speaker 3>gift for the newsmakers.

0:16:37.681 --> 0:16:40.721
<v Speaker 5>Well, I mean, look, people have asked questions. And let's

0:16:40.761 --> 0:16:43.961
<v Speaker 5>be quite realistic here. If you are becoming a politician,

0:16:44.081 --> 0:16:47.561
<v Speaker 5>the scrutiny is intense. The people are have elected you

0:16:47.721 --> 0:16:50.801
<v Speaker 5>to represent them, they are paying your salary. That scrutiny

0:16:50.881 --> 0:16:53.441
<v Speaker 5>comes through and it looks at stuff that happened even

0:16:53.521 --> 0:16:55.681
<v Speaker 5>before you were a politician. I mean to say that

0:16:55.801 --> 0:16:57.921
<v Speaker 5>this is sort of you know, private and shouldn't be

0:16:57.921 --> 0:17:00.441
<v Speaker 5>in the public eye, or the horse has already bolted

0:17:00.561 --> 0:17:03.881
<v Speaker 5>on that front. People are asking questions and I do

0:17:04.041 --> 0:17:06.201
<v Speaker 5>expect that at some point Doyle will have to front

0:17:06.281 --> 0:17:09.241
<v Speaker 5>up on these conversations because people are going, well, what

0:17:09.641 --> 0:17:12.241
<v Speaker 5>is this all about? And let's be real if we

0:17:12.361 --> 0:17:15.041
<v Speaker 5>look at other politicians out there across the spectrum, if

0:17:15.081 --> 0:17:18.081
<v Speaker 5>they've done something similar or of a very different vein,

0:17:18.161 --> 0:17:19.761
<v Speaker 5>but in the same sort of thing, and it appeared

0:17:19.801 --> 0:17:22.201
<v Speaker 5>on their social media. I'm pretty sure that we would

0:17:22.321 --> 0:17:25.521
<v Speaker 5>be hounding them for answers. Same same across the board,

0:17:25.601 --> 0:17:28.441
<v Speaker 5>no matter what political party, no matter what you are

0:17:29.041 --> 0:17:31.761
<v Speaker 5>the posters about or similar. There are questions that are

0:17:31.881 --> 0:17:33.481
<v Speaker 5>asked and they do want to be answered.

0:17:33.721 --> 0:17:35.601
<v Speaker 3>I can put it in more bluntly than that, if

0:17:35.641 --> 0:17:37.761
<v Speaker 3>I posted something with a sexual reference with one of

0:17:37.841 --> 0:17:40.961
<v Speaker 3>my children in the photo, I would have been gone yesterday.

0:17:41.521 --> 0:17:45.561
<v Speaker 3>It'd be whatever happened to Tim Beveridge as opposed to

0:17:45.961 --> 0:17:48.561
<v Speaker 3>know it would be let's be honest. But somehow they'll

0:17:48.641 --> 0:17:50.961
<v Speaker 3>keep pushing back and somehow they're the victims in it all.

0:17:51.401 --> 0:17:54.121
<v Speaker 5>I do think it's important to highlight that the likes

0:17:54.161 --> 0:17:56.281
<v Speaker 5>of death threats in that that have been leveled against

0:17:56.361 --> 0:18:00.041
<v Speaker 5>Ail are completely completely inappropriate, and that is not how

0:18:00.161 --> 0:18:02.841
<v Speaker 5>we go about this conversation. The media are asking questions

0:18:02.881 --> 0:18:04.881
<v Speaker 5>and that's the appropriate way to do it. But I

0:18:05.081 --> 0:18:07.441
<v Speaker 5>I think also we're poorly served right when we go

0:18:07.601 --> 0:18:10.361
<v Speaker 5>to either end of the distinction here. On one hand,

0:18:10.441 --> 0:18:12.561
<v Speaker 5>the grains are saying that, you know, the answers can't

0:18:12.601 --> 0:18:14.921
<v Speaker 5>be coming through because of the likes of death threats

0:18:14.921 --> 0:18:16.681
<v Speaker 5>and similar. On the other hand, people are saying there

0:18:16.721 --> 0:18:18.641
<v Speaker 5>are questions to be answered, but no one's fronting up

0:18:18.881 --> 0:18:20.881
<v Speaker 5>like we do have to figure out a way how

0:18:20.921 --> 0:18:23.241
<v Speaker 5>do we have a sensible conversation. There are questions that

0:18:23.281 --> 0:18:25.481
<v Speaker 5>are being asked by members of the public. There is

0:18:25.561 --> 0:18:28.081
<v Speaker 5>some sort of expectation for an answer or some sort

0:18:28.121 --> 0:18:30.281
<v Speaker 5>of additional detail, and I don't think that just bearing

0:18:30.361 --> 0:18:32.761
<v Speaker 5>it is going to do anyone particularly well, because people

0:18:32.841 --> 0:18:33.841
<v Speaker 5>will continue to ask.

0:18:33.961 --> 0:18:35.641
<v Speaker 3>Actually, it does amaze me the number of people who

0:18:35.681 --> 0:18:37.481
<v Speaker 3>think that it's okay to offer a death threat. I mean,

0:18:37.521 --> 0:18:39.561
<v Speaker 3>I hope that if there's a serious threat to me made,

0:18:39.561 --> 0:18:41.441
<v Speaker 3>I hope you face the full consequences of the law.

0:18:41.361 --> 0:18:42.361
<v Speaker 2>Because it's just obsaying.

0:18:42.441 --> 0:18:45.161
<v Speaker 4>No, death threats are never the solution to anything.

0:18:45.681 --> 0:18:46.721
<v Speaker 6>Who loves time for that?

0:18:47.121 --> 0:18:50.441
<v Speaker 5>I mean honestly, who I just I really find that

0:18:50.521 --> 0:18:53.801
<v Speaker 5>sort of stuff bizarre. I mean, look, I often read

0:18:53.841 --> 0:18:55.801
<v Speaker 5>stuff and I don't necessarily agree with it. I mean

0:18:56.121 --> 0:18:59.361
<v Speaker 5>one to even offer that level of feedback is insane

0:18:59.441 --> 0:19:01.521
<v Speaker 5>in my mind. But at the same time, to include

0:19:01.521 --> 0:19:03.561
<v Speaker 5>a death threat, I mean, who do these people think

0:19:03.601 --> 0:19:03.841
<v Speaker 5>they are?

0:19:06.041 --> 0:19:09.761
<v Speaker 3>Well, I've got I can't really answer that. Really, there's

0:19:09.761 --> 0:19:12.161
<v Speaker 3>so many how do you put that in context? But anyway,

0:19:12.201 --> 0:19:14.121
<v Speaker 3>that's the way some people want to respond. I'm just

0:19:14.161 --> 0:19:16.081
<v Speaker 3>saying because as a talkback case, we do get some

0:19:16.201 --> 0:19:18.881
<v Speaker 3>fairly horrendous stuff, and I just sometimes am amazed at

0:19:18.881 --> 0:19:21.161
<v Speaker 3>the number of things that people will attribute to their

0:19:21.161 --> 0:19:22.321
<v Speaker 3>own phone number and names.

0:19:22.361 --> 0:19:23.801
<v Speaker 6>It's like, what you see your text machine.

0:19:25.201 --> 0:19:27.601
<v Speaker 2>Oh, I'll better go and have a look at it.

0:19:28.321 --> 0:19:31.001
<v Speaker 6>Oh no, no, not not this time. But I've seen

0:19:31.001 --> 0:19:32.001
<v Speaker 6>the ZB text machine.

0:19:32.041 --> 0:19:32.161
<v Speaker 4>There.

0:19:32.481 --> 0:19:37.281
<v Speaker 5>There are lots again here, importantly, nine percent, the absolute

0:19:37.361 --> 0:19:40.121
<v Speaker 5>vast majority of people have something interesting to add into

0:19:40.161 --> 0:19:42.441
<v Speaker 5>the conversation, something useful, and they are doing it in

0:19:42.521 --> 0:19:44.921
<v Speaker 5>the right way. It's just that very very slim group

0:19:45.001 --> 0:19:47.361
<v Speaker 5>of absolute idiots bordering on criminal twits.

0:19:48.001 --> 0:19:50.081
<v Speaker 3>Actually, just on a lighter note, I just think it's

0:19:50.161 --> 0:19:52.561
<v Speaker 3>marvelous that we still refer to our computer system which

0:19:52.601 --> 0:19:55.641
<v Speaker 3>shows our text as the text machine. It sounds very

0:19:55.681 --> 0:19:58.001
<v Speaker 3>old scored, isn't it like that thinging machine that does that,

0:19:58.201 --> 0:19:59.801
<v Speaker 3>you know, the one with the lights and the pictures

0:19:59.841 --> 0:20:02.201
<v Speaker 3>and in the text. Yes, the computer.

0:20:02.281 --> 0:20:05.281
<v Speaker 2>But anyway, there we go. That's my terminology. We use

0:20:05.321 --> 0:20:05.881
<v Speaker 2>it here anyway.

0:20:05.881 --> 0:20:07.841
<v Speaker 3>It's twenty six past three. Way back in just a moment,

0:20:23.001 --> 0:20:24.921
<v Speaker 3>I feel my jem run.

0:20:27.881 --> 0:20:30.721
<v Speaker 6>Hell the on Fleen watch for your long.

0:20:35.081 --> 0:20:37.001
<v Speaker 3>Yes, welcome back to the Weekend Collective. I've a little

0:20:37.001 --> 0:20:38.441
<v Speaker 3>bit of Elvis. I wanted to let that role, but

0:20:38.481 --> 0:20:40.241
<v Speaker 3>I think we can only really go about twelve bars

0:20:40.281 --> 0:20:41.841
<v Speaker 3>before we got a kick, and that was probably about

0:20:41.841 --> 0:20:42.561
<v Speaker 3>sixteen bars.

0:20:42.561 --> 0:20:43.881
<v Speaker 2>Anyway, I have a little bit of Elvis. But there

0:20:43.881 --> 0:20:44.081
<v Speaker 2>we are.

0:20:44.121 --> 0:20:48.041
<v Speaker 3>Welcome to the Weekend Collective. My panelists Irene Gardner and

0:20:48.081 --> 0:20:53.561
<v Speaker 3>Brad Olsen. Now, guys, I am I've become such a

0:20:53.641 --> 0:20:57.921
<v Speaker 3>fan off one that I'm anticipating the practice round and

0:20:58.161 --> 0:21:01.041
<v Speaker 3>the qualifying rounds and the race which are this evening,

0:21:01.081 --> 0:21:04.561
<v Speaker 3>and the race tomorrow with Liam Lawson with more anticipation

0:21:04.681 --> 0:21:08.401
<v Speaker 3>iron than an all black match. I'm right into it.

0:21:08.881 --> 0:21:11.441
<v Speaker 4>Where are you at the with the F one and

0:21:11.481 --> 0:21:14.841
<v Speaker 4>Liam quite like the motor racing, and I would like

0:21:15.081 --> 0:21:18.441
<v Speaker 4>quite like the motor racing. And I feel for Liam,

0:21:18.761 --> 0:21:22.321
<v Speaker 4>you know, if one minute he was everything and then

0:21:22.361 --> 0:21:24.361
<v Speaker 4>he was kind of nothing, and that's so hard. We're

0:21:24.361 --> 0:21:26.921
<v Speaker 4>so hard on our young sports people, aren't.

0:21:26.681 --> 0:21:27.761
<v Speaker 2>We well bred?

0:21:27.801 --> 0:21:29.241
<v Speaker 3>Bullwork very Yeah.

0:21:29.721 --> 0:21:31.561
<v Speaker 4>I have this feeling, and look, I might be proved

0:21:31.601 --> 0:21:34.121
<v Speaker 4>to be completely wrong that he's going to completely come

0:21:34.161 --> 0:21:37.721
<v Speaker 4>back from this completely triumph completely be a megastar at

0:21:37.801 --> 0:21:40.761
<v Speaker 4>some point, whether that's now, whether it's a bit later,

0:21:41.441 --> 0:21:43.641
<v Speaker 4>I mean maybe in a way, I mean you can

0:21:43.681 --> 0:21:45.041
<v Speaker 4>sort of go, oh, well, on the one hand, he's

0:21:45.081 --> 0:21:47.081
<v Speaker 4>still under huge pressure because now it's his whole career

0:21:47.161 --> 0:21:48.961
<v Speaker 4>is on the line. But I don't know. I think

0:21:49.001 --> 0:21:50.321
<v Speaker 4>maybe he's in a better spot now.

0:21:50.841 --> 0:21:53.041
<v Speaker 3>Well, there has been a joke going around that max

0:21:53.121 --> 0:21:54.961
<v Speaker 3>verstaff and if he went to racing ball it would

0:21:55.001 --> 0:21:57.561
<v Speaker 3>be seen as a promotion because the racing balls are

0:21:57.601 --> 0:21:58.281
<v Speaker 3>doing quite well.

0:21:58.721 --> 0:22:01.321
<v Speaker 6>But are you into the F one Brad? Look? Can

0:22:01.361 --> 0:22:01.881
<v Speaker 6>I be honest?

0:22:02.481 --> 0:22:05.801
<v Speaker 5>Up until recently, I know I was it had I

0:22:05.841 --> 0:22:09.201
<v Speaker 5>had no interest whatsoever, like genuinely wouldn't have known any

0:22:09.241 --> 0:22:11.361
<v Speaker 5>of the players. But I have started to get into

0:22:11.401 --> 0:22:13.721
<v Speaker 5>it enough that every time I see a new headline,

0:22:14.001 --> 0:22:16.961
<v Speaker 5>I've got real. I've been like, look, I don't care,

0:22:17.081 --> 0:22:18.601
<v Speaker 5>but I care a little bit. I just want to

0:22:18.601 --> 0:22:19.241
<v Speaker 5>have a little bit.

0:22:19.121 --> 0:22:19.441
<v Speaker 6>Of a look.

0:22:19.681 --> 0:22:21.921
<v Speaker 5>And it has been interesting right that even in I

0:22:21.961 --> 0:22:25.161
<v Speaker 5>think the practice races are for the Japanese Grand Prix,

0:22:25.321 --> 0:22:27.761
<v Speaker 5>and I know that that it's pre not pricks, because

0:22:27.801 --> 0:22:32.401
<v Speaker 5>that's what it looks like. Look, I really didn't care,

0:22:32.481 --> 0:22:35.961
<v Speaker 5>but hate leam Mawson. He actually finished faster than the

0:22:36.001 --> 0:22:38.401
<v Speaker 5>guy who that's just replaced him, So maybe this has

0:22:38.441 --> 0:22:40.841
<v Speaker 5>been a good move from a blessing in disguise. As

0:22:40.961 --> 0:22:43.201
<v Speaker 5>much as it has looked like a high profile tumble,

0:22:43.441 --> 0:22:45.641
<v Speaker 5>I think he's actually possibly looking better out of it.

0:22:46.001 --> 0:22:46.641
<v Speaker 6>I think so.

0:22:47.041 --> 0:22:48.761
<v Speaker 3>And actually, if you want to get into it, Brad,

0:22:48.841 --> 0:22:51.401
<v Speaker 3>I would suggest watching maybe just the last couple of

0:22:51.521 --> 0:22:55.161
<v Speaker 3>series start on Netflix of Drive to Survive, because I

0:22:55.281 --> 0:22:57.921
<v Speaker 3>think the thing is about the appeal Irene is that.

0:22:59.601 --> 0:23:00.561
<v Speaker 2>We get.

0:23:00.841 --> 0:23:04.281
<v Speaker 3>It's they're all thoughtful, intelligent people by the look of it.

0:23:04.601 --> 0:23:08.001
<v Speaker 3>All the means you get around what's happening in each

0:23:08.121 --> 0:23:11.401
<v Speaker 3>franchise or each within each team. Should I say, they

0:23:11.521 --> 0:23:15.841
<v Speaker 3>all sort of speak relatively openly intelligently as opposed to

0:23:16.001 --> 0:23:18.321
<v Speaker 3>I don't know. It's a contrast to some of the

0:23:18.361 --> 0:23:20.081
<v Speaker 3>sporting codes where you go, I don't want to single

0:23:20.081 --> 0:23:21.801
<v Speaker 3>out any player. The boys did a good job all that,

0:23:22.521 --> 0:23:24.681
<v Speaker 3>and you get to have an insight into it and

0:23:24.801 --> 0:23:28.241
<v Speaker 3>to care about I don't know. And also it's at

0:23:28.321 --> 0:23:32.321
<v Speaker 3>the it's at the pinnacle of a particular sport of technology,

0:23:32.881 --> 0:23:34.281
<v Speaker 3>strategy skill.

0:23:35.441 --> 0:23:36.641
<v Speaker 4>What I was just going to say, it's such a

0:23:36.721 --> 0:23:39.561
<v Speaker 4>high level of strategy, strategic where and I think that's

0:23:39.681 --> 0:23:41.681
<v Speaker 4>why you get the smarts, you know. I mean, I

0:23:41.761 --> 0:23:45.081
<v Speaker 4>don't think you can actually be a top driver without

0:23:45.761 --> 0:23:49.441
<v Speaker 4>being pretty smart. And of course, see, because as you

0:23:49.521 --> 0:23:52.601
<v Speaker 4>pointed out earlier, Brad is so very young, I might

0:23:52.681 --> 0:23:55.201
<v Speaker 4>not know that New Zealand has a very rich history

0:23:55.441 --> 0:23:56.361
<v Speaker 4>in motor racing.

0:23:56.761 --> 0:24:00.121
<v Speaker 3>I think he knows. I think Brad knows. But of

0:24:00.201 --> 0:24:04.041
<v Speaker 3>course the McLaren team, which is named after Blues or

0:24:04.161 --> 0:24:07.681
<v Speaker 3>Bruce McLaren's I reckon, Brad, the gateway for you into

0:24:07.761 --> 0:24:11.721
<v Speaker 3>this is to do an economic analysis of just whether

0:24:11.761 --> 0:24:14.361
<v Speaker 3>it's actually worth owning an F one team, And we'll

0:24:14.361 --> 0:24:15.841
<v Speaker 3>ask you next time you come back in. And but

0:24:16.001 --> 0:24:18.521
<v Speaker 3>by then you'll be like, well this particular driver blah

0:24:18.521 --> 0:24:19.681
<v Speaker 3>blah blah blah blah.

0:24:19.561 --> 0:24:20.361
<v Speaker 2>You'll be all over it.

0:24:20.761 --> 0:24:22.241
<v Speaker 5>I think I can give you that answer now, like

0:24:22.281 --> 0:24:24.401
<v Speaker 5>absolutely not from a pure economic thing. But look, if

0:24:24.441 --> 0:24:26.761
<v Speaker 5>I was a petrol head, I think I'd be totally

0:24:26.881 --> 0:24:29.001
<v Speaker 5>into it. I mean, maybe I should watch drive to

0:24:29.401 --> 0:24:30.321
<v Speaker 5>what Drive to Survive?

0:24:30.801 --> 0:24:31.881
<v Speaker 2>It's called Drive to Survive.

0:24:31.961 --> 0:24:36.121
<v Speaker 3>It's on Netflix, and I accidentally watched season six first

0:24:37.081 --> 0:24:39.681
<v Speaker 3>or season five the last couple of here and and

0:24:39.801 --> 0:24:40.601
<v Speaker 3>got right into it.

0:24:40.881 --> 0:24:44.041
<v Speaker 6>This sounds like the Love Island of like car racing.

0:24:45.961 --> 0:24:48.281
<v Speaker 3>Except all the people on it are genuinely at the

0:24:48.321 --> 0:24:51.921
<v Speaker 3>top of their game. Sorry, but I don't even know

0:24:51.961 --> 0:24:53.921
<v Speaker 3>what you're talking You're talking about one of those celebrity series.

0:24:53.961 --> 0:24:56.881
<v Speaker 6>I guess, yeah, yeah, yeah, let's not get into that now.

0:24:57.001 --> 0:24:59.241
<v Speaker 6>It's a whole different topic for a whole other show.

0:24:59.521 --> 0:25:02.321
<v Speaker 3>Okay, Well, speaking of amazing events that are going on

0:25:02.601 --> 0:25:06.361
<v Speaker 3>that we're not going to be seeing, I'm sort of

0:25:06.401 --> 0:25:08.801
<v Speaker 3>ambivalent a little bit about the America's Cup, whether it's

0:25:08.841 --> 0:25:13.281
<v Speaker 3>here or not. Irene, but I wonder if here's the thing.

0:25:14.001 --> 0:25:17.001
<v Speaker 3>A week before, Christopher Luxon said, we've become a country

0:25:17.121 --> 0:25:20.441
<v Speaker 3>that says no, and you've just pointed at me, going damn,

0:25:20.481 --> 0:25:23.841
<v Speaker 3>you've just stolen my thunder. And it's like, well, hey, Chris,

0:25:24.001 --> 0:25:25.561
<v Speaker 3>how about we get the America's Cup here as an

0:25:25.561 --> 0:25:27.561
<v Speaker 3>event to get everyone fizzing in the economy and all

0:25:27.601 --> 0:25:30.241
<v Speaker 3>that computer says no, what do you reckon?

0:25:30.601 --> 0:25:34.401
<v Speaker 4>I kind of tend to agree. I've always been quite

0:25:34.401 --> 0:25:37.001
<v Speaker 4>supportive of America's Cup because I think as well as

0:25:37.361 --> 0:25:41.201
<v Speaker 4>that it has a strong positive economic impact for New Zealand.

0:25:41.801 --> 0:25:45.401
<v Speaker 4>I think it's something that we get really excited about

0:25:45.561 --> 0:25:47.801
<v Speaker 4>and it makes Peel happy, and these are good things

0:25:47.841 --> 0:25:49.481
<v Speaker 4>and we're good at the moment. We're a good team.

0:25:49.521 --> 0:25:51.481
<v Speaker 4>You know, things are going well. I was really disappointed

0:25:51.561 --> 0:25:54.641
<v Speaker 4>when the last one went offshore and to think that

0:25:54.681 --> 0:25:57.241
<v Speaker 4>we had the opportunity again and if we really did

0:25:57.361 --> 0:25:58.401
<v Speaker 4>just lose that for.

0:25:59.961 --> 0:26:01.681
<v Speaker 2>Seventy five million apparently.

0:26:02.121 --> 0:26:04.881
<v Speaker 4>Yeah, But I do think the government was in a

0:26:05.121 --> 0:26:09.041
<v Speaker 4>really no win situation because I think if they had

0:26:09.081 --> 0:26:12.001
<v Speaker 4>invested the money, we would have got more than that back. Yes,

0:26:12.361 --> 0:26:14.761
<v Speaker 4>I mean, I'm open to being corrected by that by

0:26:14.801 --> 0:26:18.321
<v Speaker 4>the actual economist in the room, but I just think

0:26:18.361 --> 0:26:20.641
<v Speaker 4>in the current climate, I think they would have been

0:26:20.721 --> 0:26:21.961
<v Speaker 4>so criticized for it.

0:26:22.361 --> 0:26:23.481
<v Speaker 2>I think you have nailed it.

0:26:23.641 --> 0:26:27.721
<v Speaker 3>I think that they they didn't have the intestinal fortitude

0:26:27.801 --> 0:26:30.641
<v Speaker 3>for the political criticisms that would come their way, even

0:26:30.681 --> 0:26:34.801
<v Speaker 3>if those political criticisms were maybe unfair, because they'd be like, oh,

0:26:34.881 --> 0:26:37.681
<v Speaker 3>you've got enough money for your rich boys and girls sport,

0:26:37.761 --> 0:26:38.761
<v Speaker 3>but you haven't got enough money for.

0:26:38.721 --> 0:26:41.961
<v Speaker 4>Them of oh yeah, but we're getting more back is

0:26:42.041 --> 0:26:43.561
<v Speaker 4>I mean, I have to make that argument a lot

0:26:43.681 --> 0:26:47.801
<v Speaker 4>professionally because of the freebate. You get people to understand that,

0:26:48.121 --> 0:26:50.281
<v Speaker 4>you know, the screen production rebate. Yes, we give some

0:26:50.361 --> 0:26:52.961
<v Speaker 4>money out, but we get way more money in. And

0:26:53.041 --> 0:26:55.161
<v Speaker 4>I'm constantly having to make that argument wearing that hat.

0:26:55.721 --> 0:26:57.641
<v Speaker 4>And that's you know, for the government to have to

0:26:57.681 --> 0:27:00.161
<v Speaker 4>make that argument on this in the current climate.

0:27:01.001 --> 0:27:03.001
<v Speaker 3>Yes, because Brad, if I can bring you in in

0:27:03.081 --> 0:27:06.521
<v Speaker 3>a second, so in now should I say, because you

0:27:06.681 --> 0:27:11.761
<v Speaker 3>are the economists in the room. So Barcelona it generated

0:27:12.321 --> 0:27:16.441
<v Speaker 3>an additional two billion New Zealand dollars one point nine billion.

0:27:16.481 --> 0:27:19.721
<v Speaker 3>I gather we would to get I don't know how

0:27:19.761 --> 0:27:21.961
<v Speaker 3>it works with GST, but somebody, I think the guy

0:27:22.001 --> 0:27:25.441
<v Speaker 3>from the Hospitality Association said that if we pulled in.

0:27:26.721 --> 0:27:27.881
<v Speaker 2>Well, I did the calculations.

0:27:27.921 --> 0:27:30.441
<v Speaker 3>If we pulled in five hundred and seventy five million,

0:27:30.881 --> 0:27:33.121
<v Speaker 3>seventy five million of that would generally be GST in

0:27:33.241 --> 0:27:35.401
<v Speaker 3>terms of the spend that would come in, so we

0:27:35.441 --> 0:27:37.601
<v Speaker 3>would only need to be a third as successful as

0:27:37.681 --> 0:27:41.521
<v Speaker 3>Barcelona anyway, But your analysis, please, Well, I was going to.

0:27:41.521 --> 0:27:43.321
<v Speaker 5>Say, I when you started this, you know, saying that

0:27:43.681 --> 0:27:45.561
<v Speaker 5>the Prime Minister is talking about how we don't want

0:27:45.561 --> 0:27:47.281
<v Speaker 5>to be a country of no I didn't realize that

0:27:47.361 --> 0:27:49.401
<v Speaker 5>a country of yes meant yes, government hand me out

0:27:49.441 --> 0:27:51.081
<v Speaker 5>and do it all for me in the private sector,

0:27:51.241 --> 0:27:53.641
<v Speaker 5>be damned. I mean, come on, if it's that good,

0:27:53.801 --> 0:27:56.241
<v Speaker 5>and it's supposedly that good, then I'm not sure why

0:27:56.321 --> 0:27:58.881
<v Speaker 5>international business people were not lining up to bankroller. And

0:27:59.041 --> 0:28:01.081
<v Speaker 5>if they're not, that tells me quite a lot. Maybe

0:28:01.121 --> 0:28:01.761
<v Speaker 5>it's not the best.

0:28:02.081 --> 0:28:02.721
<v Speaker 6>Let's be real.

0:28:02.841 --> 0:28:05.321
<v Speaker 5>The last time that we had the America's Cup in

0:28:05.361 --> 0:28:07.161
<v Speaker 5>New Zealand, it made a loss of our about one

0:28:07.281 --> 0:28:10.441
<v Speaker 5>hundred and sixty million dollars. It made less money than

0:28:10.521 --> 0:28:11.081
<v Speaker 5>we put in.

0:28:11.601 --> 0:28:14.201
<v Speaker 3>But so I think you're being unfair because that was

0:28:14.241 --> 0:28:15.961
<v Speaker 3>post COVID and no one could come here.

0:28:16.881 --> 0:28:18.681
<v Speaker 5>Well you say that no one could come here, but

0:28:18.801 --> 0:28:21.841
<v Speaker 5>we still seem to have enough to keep running it.

0:28:21.881 --> 0:28:23.561
<v Speaker 5>Why did they not postpone and pause it for a

0:28:23.601 --> 0:28:26.241
<v Speaker 5>couple of years. They kept going even because they had

0:28:26.361 --> 0:28:28.881
<v Speaker 5>some of that good, good taxpayer money. I think it

0:28:29.041 --> 0:28:32.321
<v Speaker 5>is inconceivable when the government accounts are in deficit until

0:28:32.361 --> 0:28:35.401
<v Speaker 5>the twenty thirties, perhaps to be spending money on a

0:28:35.481 --> 0:28:38.081
<v Speaker 5>yacht race. Is that really what the Texas are supposed

0:28:38.081 --> 0:28:38.401
<v Speaker 5>to go to?

0:28:38.601 --> 0:28:39.281
<v Speaker 6>Absolutely not.

0:28:39.481 --> 0:28:41.201
<v Speaker 5>I couldn't give a stuff, And I think the vast

0:28:41.281 --> 0:28:43.241
<v Speaker 5>majority of New Zealander is or won't.

0:28:43.041 --> 0:28:46.481
<v Speaker 3>Even know it hot take. But the thing is, I mean, say,

0:28:46.561 --> 0:28:49.601
<v Speaker 3>for instance, the F one in Victoria, the Victorian state

0:28:49.681 --> 0:28:53.361
<v Speaker 3>government put in one hundred million Sorry what did they

0:28:53.361 --> 0:28:55.241
<v Speaker 3>put in? Yeah, they put in over one hundred million

0:28:55.241 --> 0:28:59.481
<v Speaker 3>Australian into it. Because these events attract business. They are

0:28:59.641 --> 0:29:02.521
<v Speaker 3>like an export business. They bring money into the country. So,

0:29:03.121 --> 0:29:08.201
<v Speaker 3>putting aside your mild lowing for the event, if you

0:29:08.321 --> 0:29:10.481
<v Speaker 3>do generate that income, let's just make it a billion.

0:29:10.601 --> 0:29:12.921
<v Speaker 3>And look, that's an optimistic you know that, even making

0:29:12.961 --> 0:29:15.121
<v Speaker 3>half of what Barcelona did. But let's say we brought

0:29:15.201 --> 0:29:17.801
<v Speaker 3>in enough money where the GST you made off the

0:29:17.881 --> 0:29:21.201
<v Speaker 3>spend basically pay for itself. That's money we wouldn't have had.

0:29:21.321 --> 0:29:22.121
<v Speaker 3>Doesn't it work like that?

0:29:22.521 --> 0:29:25.001
<v Speaker 5>But that's true of just about literally everything that the

0:29:25.081 --> 0:29:27.041
<v Speaker 5>government would spend on. So no matter what they put

0:29:27.081 --> 0:29:29.121
<v Speaker 5>the seventy five mil on, they could do it for that,

0:29:29.241 --> 0:29:31.281
<v Speaker 5>They could go and do it for a Taylor Swift concert.

0:29:31.321 --> 0:29:33.201
<v Speaker 5>They could go and do it just by giving households

0:29:33.241 --> 0:29:34.721
<v Speaker 5>the money and going to ask them to spend a

0:29:34.881 --> 0:29:36.721
<v Speaker 5>bit more, you will still get a bit of a

0:29:36.841 --> 0:29:39.801
<v Speaker 5>multiplier effect out of that government spending anyway, this is

0:29:39.841 --> 0:29:42.641
<v Speaker 5>an opportunity cost The government needs all the money that's got,

0:29:42.721 --> 0:29:44.841
<v Speaker 5>where is it going to best put it, and most importantly,

0:29:44.881 --> 0:29:47.121
<v Speaker 5>what was it not going to fund because it had

0:29:47.161 --> 0:29:49.961
<v Speaker 5>to spend that seventy five million on the America's cup

0:29:50.001 --> 0:29:52.001
<v Speaker 5>Because I do really think that, yes, you'll always get

0:29:52.321 --> 0:29:54.721
<v Speaker 5>people in and coming to spend for various things, especially

0:29:54.721 --> 0:29:57.161
<v Speaker 5>if you subsidize it to the turn of seventy five mil.

0:29:57.401 --> 0:30:00.121
<v Speaker 5>The question for me is that, well, from a government perspective,

0:30:00.201 --> 0:30:02.161
<v Speaker 5>can you stand up and justify that when you're not

0:30:02.241 --> 0:30:04.881
<v Speaker 5>spending on other things? And I really think for the

0:30:05.041 --> 0:30:07.801
<v Speaker 5>government that this was the exact right move to say, look,

0:30:08.041 --> 0:30:08.641
<v Speaker 5>we would.

0:30:08.441 --> 0:30:08.921
<v Speaker 6>Love to do it.

0:30:09.041 --> 0:30:11.841
<v Speaker 5>And I think importantly again, if private business want to

0:30:11.881 --> 0:30:13.721
<v Speaker 5>do it, if they think it's a good enough investment,

0:30:13.761 --> 0:30:16.161
<v Speaker 5>they should totally go for it. And if they don't

0:30:16.161 --> 0:30:18.201
<v Speaker 5>think it's a good enough investment to run it themselves,

0:30:18.241 --> 0:30:20.521
<v Speaker 5>then I'm not sure the government is somehow smarter to

0:30:20.561 --> 0:30:21.881
<v Speaker 5>think they can pull it off better.

0:30:22.041 --> 0:30:25.121
<v Speaker 3>I think the only the only distinction I would draw

0:30:25.281 --> 0:30:26.921
<v Speaker 3>was that if you are putting money into an event

0:30:26.961 --> 0:30:30.361
<v Speaker 3>where everyone participates is buying a ticket, then that would

0:30:30.401 --> 0:30:33.161
<v Speaker 3>be a business, but where the money, where the benefit

0:30:33.521 --> 0:30:37.601
<v Speaker 3>is benefiting in a more amorphous way an economy. It's

0:30:37.761 --> 0:30:40.921
<v Speaker 3>not private. Private business don't money make money off the GST.

0:30:41.081 --> 0:30:43.281
<v Speaker 3>They make money off the other activities.

0:30:43.321 --> 0:30:43.841
<v Speaker 2>But you know what I mean.

0:30:43.881 --> 0:30:46.761
<v Speaker 3>It's like, for instance, the government became a shareholder in

0:30:46.801 --> 0:30:49.361
<v Speaker 3>Taylor Swift and said we're going to produce a taste.

0:30:49.481 --> 0:30:50.521
<v Speaker 2>And we're going to clip the ticket.

0:30:51.281 --> 0:30:54.241
<v Speaker 3>Well, actually, so there are people who'd say we should

0:30:54.241 --> 0:30:56.641
<v Speaker 3>actually have put money in to get Taylor over here

0:30:56.681 --> 0:30:57.481
<v Speaker 3>because it would have been.

0:30:57.441 --> 0:31:00.121
<v Speaker 5>Huge, correct, And I still would have disagreed with that

0:31:00.201 --> 0:31:02.961
<v Speaker 5>at that time. I mean, there it is a real challenge.

0:31:03.001 --> 0:31:05.361
<v Speaker 5>And look, I mean this is economists. We sort of

0:31:05.401 --> 0:31:08.001
<v Speaker 5>loved to go and find the worst sort of possible

0:31:08.081 --> 0:31:10.161
<v Speaker 5>stance of all this stuff. But I really do think

0:31:10.201 --> 0:31:11.921
<v Speaker 5>that Look, I mean there's a big question here over

0:31:13.041 --> 0:31:14.681
<v Speaker 5>The big question is if you went out to every

0:31:14.761 --> 0:31:16.441
<v Speaker 5>New Zealander and said, hey, if you have to pay

0:31:16.481 --> 0:31:18.721
<v Speaker 5>an extra whatever for the America's Cup, would people do it?

0:31:19.081 --> 0:31:21.241
<v Speaker 5>I wouldn't, And I'd much rather that people that did

0:31:21.361 --> 0:31:23.841
<v Speaker 5>actually put their money in. And because at the end

0:31:23.881 --> 0:31:26.241
<v Speaker 5>of the day, I really don't see that. I mean,

0:31:26.321 --> 0:31:28.321
<v Speaker 5>you've already seen this go off shore once.

0:31:28.921 --> 0:31:29.521
<v Speaker 6>We know as well.

0:31:29.641 --> 0:31:31.201
<v Speaker 5>The only reason it was going to get going was

0:31:31.201 --> 0:31:34.281
<v Speaker 5>if the government allowed an accommodation levy to come through.

0:31:34.321 --> 0:31:36.401
<v Speaker 5>The government said that wasn't happening. They felt like there

0:31:36.401 --> 0:31:38.041
<v Speaker 5>were so many barriers in the mix that I would

0:31:38.041 --> 0:31:40.041
<v Speaker 5>have been really worried that the government would have committed

0:31:40.081 --> 0:31:42.041
<v Speaker 5>this money. It wouldn't have gone quite as far. And

0:31:42.121 --> 0:31:44.281
<v Speaker 5>then at the other end we would have gone, oh gosh,

0:31:44.481 --> 0:31:46.121
<v Speaker 5>this made less money than we thought. Why has this

0:31:46.201 --> 0:31:46.801
<v Speaker 5>happened again?

0:31:46.881 --> 0:31:47.321
<v Speaker 6>And again?

0:31:47.481 --> 0:31:49.841
<v Speaker 5>We have some proof here. Yes it was COVID, but

0:31:49.881 --> 0:31:51.841
<v Speaker 5>there's some pretty firm proof that the cost benefit and

0:31:51.881 --> 0:31:54.161
<v Speaker 5>now assistants stack up the next time. I just don't

0:31:54.161 --> 0:31:56.201
<v Speaker 5>think it would do the same more differently this time.

0:31:56.601 --> 0:31:56.721
<v Speaker 2>Now.

0:31:56.801 --> 0:31:58.561
<v Speaker 3>That was a surprise to me because I thought I'd

0:31:58.561 --> 0:32:01.881
<v Speaker 3>be disagreeing with Irene on this one and agreeing with Brad.

0:32:01.961 --> 0:32:02.801
<v Speaker 2>But it's the other way around.

0:32:02.881 --> 0:32:06.081
<v Speaker 3>So mean, no, diary, It might be made right, but

0:32:06.201 --> 0:32:07.321
<v Speaker 3>it can't be right all the time.

0:32:08.681 --> 0:32:11.521
<v Speaker 4>Doesn't stack up. My assumption was that it did, but.

0:32:11.641 --> 0:32:13.921
<v Speaker 3>Maybe it doesn't. We're going to get you too to

0:32:14.001 --> 0:32:16.721
<v Speaker 3>discuss the film commission next time you're on together, because

0:32:16.721 --> 0:32:19.641
<v Speaker 3>I'm getting this one. Anyway, we're gonna be we need

0:32:19.681 --> 0:32:21.641
<v Speaker 3>to take a break. It's eighteen minutes to four news Talks.

0:32:21.841 --> 0:32:22.441
<v Speaker 2>Be back and a tick.

0:32:41.161 --> 0:32:43.321
<v Speaker 3>It's welcome back to the Weekend Collective. This song is

0:32:43.361 --> 0:32:45.481
<v Speaker 3>the Killers. That's by request of Brad Olsen. We like

0:32:45.521 --> 0:32:47.361
<v Speaker 3>to give our panelists and our guests the request. Our

0:32:47.361 --> 0:32:50.121
<v Speaker 3>own hasn't put one in yet, but anyway, hey, welcome

0:32:50.161 --> 0:32:52.361
<v Speaker 3>back to the Weekend Collective. As I say, I'm Tim Beverage.

0:32:52.401 --> 0:32:56.161
<v Speaker 3>It's Brad Olsen, an honoring iron gardener with us. Now, Brad,

0:32:56.161 --> 0:32:57.721
<v Speaker 3>we're going to go to you first on this one.

0:32:57.881 --> 0:33:00.481
<v Speaker 3>The in fact, it was one of the biggest stories,

0:33:00.521 --> 0:33:01.841
<v Speaker 3>but I thought we'd push it to later in the

0:33:01.881 --> 0:33:04.641
<v Speaker 3>hour to give us, you know, a second wind. The

0:33:05.161 --> 0:33:08.961
<v Speaker 3>Liberation Day, the tariffs of Kickton Wall Street has had

0:33:09.761 --> 0:33:13.641
<v Speaker 3>the biggest fall since the COVID pandemic demic. I heard,

0:33:13.881 --> 0:33:17.161
<v Speaker 3>I think one news had someone from Auckland's Business school

0:33:17.521 --> 0:33:20.321
<v Speaker 3>who said that listening to Trump's reasons was like listening

0:33:20.401 --> 0:33:24.281
<v Speaker 3>to a flat earther. I thought that was quite a good,

0:33:24.321 --> 0:33:26.081
<v Speaker 3>strong comment from an academic.

0:33:26.161 --> 0:33:30.161
<v Speaker 5>Actually, it's been a really tough couple of days to

0:33:30.201 --> 0:33:32.241
<v Speaker 5>try and understand what's going on and just what the

0:33:32.441 --> 0:33:35.841
<v Speaker 5>justification is behind it. I mean that the end result

0:33:35.921 --> 0:33:38.601
<v Speaker 5>has been a swift and savage drop to the markets.

0:33:38.641 --> 0:33:41.081
<v Speaker 5>I mean the worst day since the pandemic. As you noted,

0:33:41.481 --> 0:33:44.281
<v Speaker 5>something like six six and a half trillion US and

0:33:44.441 --> 0:33:45.441
<v Speaker 5>value wiped out.

0:33:45.561 --> 0:33:47.601
<v Speaker 6>I mean the number of it. They're so big that

0:33:47.721 --> 0:33:50.841
<v Speaker 6>you sort of can't comprehend how big those numbers are.

0:33:50.961 --> 0:33:52.121
<v Speaker 6>But it's been bad.

0:33:52.161 --> 0:33:54.361
<v Speaker 5>I think, in fact, the last two days it's the

0:33:54.961 --> 0:33:58.081
<v Speaker 5>fourth worst day in US market history over a two

0:33:58.161 --> 0:34:01.041
<v Speaker 5>day period. The only worst ones where the likes at

0:34:01.041 --> 0:34:04.681
<v Speaker 5>the start of the pandemic, the GFC, and then you've

0:34:04.681 --> 0:34:06.521
<v Speaker 5>got to go back to the Great Depression. I mean

0:34:06.601 --> 0:34:10.201
<v Speaker 5>that this is serious stuff, and this is like artificially engineered.

0:34:10.481 --> 0:34:12.921
<v Speaker 6>The tariffs. I mean, we knew they were coming.

0:34:13.241 --> 0:34:15.321
<v Speaker 5>They were worse, I think than we all thought at

0:34:15.361 --> 0:34:18.321
<v Speaker 5>a national at a global scale, for New Zealand, they

0:34:18.361 --> 0:34:20.641
<v Speaker 5>weren't quite as bad as they could have been. That's

0:34:20.681 --> 0:34:23.121
<v Speaker 5>sort of the only silver lining you can possibly come

0:34:23.201 --> 0:34:23.401
<v Speaker 5>out with.

0:34:23.761 --> 0:34:24.321
<v Speaker 6>But the risk of.

0:34:24.321 --> 0:34:27.281
<v Speaker 5>Global growth is clear. The fact that these tariffs are

0:34:27.481 --> 0:34:29.721
<v Speaker 5>big and they could well go bigger. The fact that

0:34:29.801 --> 0:34:32.721
<v Speaker 5>there's now been retaliation like all around, this is a

0:34:32.841 --> 0:34:36.641
<v Speaker 5>self engineered economic catastrophe. The risk now, I think from

0:34:36.721 --> 0:34:39.641
<v Speaker 5>JP Morgan they've put the risk of recession out sixty

0:34:39.641 --> 0:34:42.281
<v Speaker 5>percent for the US economy this year. Like this has

0:34:42.401 --> 0:34:44.641
<v Speaker 5>sort of changed the economic game, and I don't think

0:34:44.761 --> 0:34:47.681
<v Speaker 5>even we as economists have fully got our head around

0:34:47.681 --> 0:34:51.721
<v Speaker 5>about how bad this could and is likely going to be.

0:34:52.121 --> 0:34:55.401
<v Speaker 3>The thing is they seem to calculate so for the

0:34:55.521 --> 0:34:57.761
<v Speaker 3>thirty four percent tariff on China, they looked at the

0:34:57.841 --> 0:35:01.521
<v Speaker 3>trade deficit, divided it by the imports and came up

0:35:01.561 --> 0:35:03.321
<v Speaker 3>with sixty seven percent, and half of that it had

0:35:03.401 --> 0:35:04.961
<v Speaker 3>nothing to do with reciprocal tariffs.

0:35:05.401 --> 0:35:07.481
<v Speaker 6>It's just exactly the looky lou stuff.

0:35:08.121 --> 0:35:11.161
<v Speaker 5>You look at New Zealand right the latest report from

0:35:11.241 --> 0:35:14.801
<v Speaker 5>the US Trade Representative says in twenty twenty three, New

0:35:14.921 --> 0:35:18.201
<v Speaker 5>Zealand's tariff right on the US was one point nine percent.

0:35:18.561 --> 0:35:21.481
<v Speaker 5>Yet that big board that the President held up in

0:35:21.561 --> 0:35:24.041
<v Speaker 5>the Rose Garden said twenty percent. And we're all going,

0:35:24.081 --> 0:35:25.961
<v Speaker 5>what is this? Has he included a bit of gst

0:35:26.361 --> 0:35:30.281
<v Speaker 5>what's he done? And literally they've now published a series

0:35:30.321 --> 0:35:35.241
<v Speaker 5>of calculations that effectively boil down to your trade deficit

0:35:35.321 --> 0:35:37.761
<v Speaker 5>divided by your total trade with the US in the

0:35:37.961 --> 0:35:40.521
<v Speaker 5>last period that you've got available. The crack up thing

0:35:40.681 --> 0:35:42.521
<v Speaker 5>is is they've put a bunch of Greek letters in

0:35:42.561 --> 0:35:44.841
<v Speaker 5>there and said, well, we chose a bunch of important

0:35:44.921 --> 0:35:47.721
<v Speaker 5>parameters that basically boil down to they just equal one.

0:35:48.121 --> 0:35:50.881
<v Speaker 5>So for all of the tom foolery and trickery that's

0:35:50.921 --> 0:35:53.081
<v Speaker 5>gone on, the numbers boil down to there is no

0:35:53.321 --> 0:35:56.401
<v Speaker 5>reciprocity in here. There's no a few tarifast will tariff you.

0:35:56.521 --> 0:35:59.761
<v Speaker 5>The saying back, it's I think that the US President

0:35:59.841 --> 0:36:02.961
<v Speaker 5>clearly thinks that there should be no trade deficits with

0:36:03.041 --> 0:36:05.881
<v Speaker 5>the US. US should be doing all of the manufacturing,

0:36:05.921 --> 0:36:08.001
<v Speaker 5>all of the trade, sending it all out there. I mean,

0:36:08.081 --> 0:36:11.441
<v Speaker 5>the numbers are very hard to comprehend. But the worst

0:36:11.521 --> 0:36:13.961
<v Speaker 5>thing is is that if that's the level of analysis

0:36:14.001 --> 0:36:16.401
<v Speaker 5>that is coming out of the US administration at the moment,

0:36:16.481 --> 0:36:18.321
<v Speaker 5>I don't think there's a lot of hope for good,

0:36:18.601 --> 0:36:21.761
<v Speaker 5>long standing negotiations. This is just going to continue to happen.

0:36:21.961 --> 0:36:23.761
<v Speaker 3>I thought the thing one of the other thing that

0:36:23.761 --> 0:36:26.161
<v Speaker 3>stood out to me and Arena is that as the

0:36:26.281 --> 0:36:30.201
<v Speaker 3>bullying of these very poor economies, forty nine percent tariff

0:36:30.281 --> 0:36:33.401
<v Speaker 3>on Cambodia, forty eight percent for Laois and forty six

0:36:33.441 --> 0:36:37.161
<v Speaker 3>percent for Vietnam. The word unconstionable stroke comes to mind

0:36:37.201 --> 0:36:37.721
<v Speaker 3>for that rule.

0:36:37.841 --> 0:36:41.881
<v Speaker 4>It's just I just don't I don't understand. I read

0:36:41.921 --> 0:36:46.841
<v Speaker 4>a really good column today from an American economist basically saying,

0:36:47.361 --> 0:36:49.361
<v Speaker 4>don't try and look for the method and the madness.

0:36:49.921 --> 0:36:53.361
<v Speaker 4>There isn't any It's just completely idiotic. You know, none

0:36:53.401 --> 0:36:56.601
<v Speaker 4>of these things will help anybody, let alone America.

0:36:56.961 --> 0:36:59.401
<v Speaker 3>The problem is is he demands such loyalty from his

0:36:59.601 --> 0:37:02.241
<v Speaker 3>circle of advisers that who's going to actually tell him

0:37:02.281 --> 0:37:03.241
<v Speaker 3>this is a really dumb idea.

0:37:03.521 --> 0:37:05.521
<v Speaker 4>And you know I heard someone that he you know,

0:37:05.641 --> 0:37:08.161
<v Speaker 4>the people had got to speak saying, you know, just

0:37:08.241 --> 0:37:11.681
<v Speaker 4>a very ordinary American guy from you know, smallish town

0:37:12.161 --> 0:37:14.481
<v Speaker 4>talking about how wonderful it would because all the manufacturing

0:37:14.561 --> 0:37:16.321
<v Speaker 4>jobs would be back in the factories and so on

0:37:16.401 --> 0:37:18.881
<v Speaker 4>and so, and you know, he seemed so genuine.

0:37:20.281 --> 0:37:21.281
<v Speaker 2>That's what Trump's messaging.

0:37:21.321 --> 0:37:23.401
<v Speaker 4>And I just thought, oh no, that's just I don't

0:37:23.441 --> 0:37:25.961
<v Speaker 4>think that's going to happen. It's just it's all just

0:37:26.041 --> 0:37:27.081
<v Speaker 4>a sort of track.

0:37:27.161 --> 0:37:27.361
<v Speaker 5>Really.

0:37:27.601 --> 0:37:29.801
<v Speaker 2>Oh well, you know, so he doesn't like the stock market.

0:37:29.641 --> 0:37:33.241
<v Speaker 4>Falling to be fair, Trump does have this weird style

0:37:33.321 --> 0:37:37.961
<v Speaker 4>where he announces something truly horrendous and shocking and then

0:37:38.041 --> 0:37:40.681
<v Speaker 4>he sort of walks back from it. So I wonder

0:37:40.681 --> 0:37:41.961
<v Speaker 4>if there might be an element, you know, I think

0:37:42.001 --> 0:37:44.241
<v Speaker 4>New Zealand is right to just sort of sit tight

0:37:44.401 --> 0:37:47.161
<v Speaker 4>and you know, not react too much and just oh yeah,

0:37:47.241 --> 0:37:49.441
<v Speaker 4>we'll keep see what happened, keep their heads.

0:37:49.281 --> 0:37:52.321
<v Speaker 3>Down, keep fill golf out of the picture. Anyway, We'll

0:37:52.361 --> 0:37:54.121
<v Speaker 3>be back in just a moment. It's nine minutes to four.

0:38:15.561 --> 0:38:18.001
<v Speaker 2>Yes, and that request from Irene Gardener. That's here.

0:38:18.001 --> 0:38:19.601
<v Speaker 3>It comes with my Girl from Tommy, Tom Petty and

0:38:19.601 --> 0:38:22.121
<v Speaker 3>the Heartbreakers. I'm Tim Beveridge and my other panelist is

0:38:22.601 --> 0:38:27.441
<v Speaker 3>Brad Olsen and Lucky last story. Guys, it's funny. I

0:38:27.481 --> 0:38:30.041
<v Speaker 3>always thought Kiwi are so cute as our bird. They're

0:38:30.121 --> 0:38:32.521
<v Speaker 3>so sort of likable with their long beaks and they

0:38:32.601 --> 0:38:35.241
<v Speaker 3>sort of you know, trot around and anyway, there are

0:38:35.281 --> 0:38:37.081
<v Speaker 3>so many at the moment. There have been a video

0:38:37.521 --> 0:38:42.601
<v Speaker 3>called of a couple fighting in a Northland backyard. Actually

0:38:43.001 --> 0:38:46.001
<v Speaker 3>surprises surprise as well, and not nighttime.

0:38:46.041 --> 0:38:46.881
<v Speaker 2>It sort of looked like.

0:38:46.921 --> 0:38:49.641
<v Speaker 3>It was dusk or daylight. But I read that was

0:38:49.961 --> 0:38:52.041
<v Speaker 3>slightly jarring and comical at the same time.

0:38:51.961 --> 0:38:53.881
<v Speaker 4>To say it's kei we going for If anyone hasn't

0:38:53.881 --> 0:38:56.681
<v Speaker 4>seen it, do look it up because it is fantastically funny.

0:38:56.761 --> 0:38:59.561
<v Speaker 4>They just look ridiculous fighting. I don't mean to be

0:38:59.761 --> 0:39:01.561
<v Speaker 4>I'm going to get in trouble now for insulting our

0:39:01.601 --> 0:39:04.561
<v Speaker 4>beloved nationals. Go for it. I always find Key's very

0:39:04.681 --> 0:39:07.761
<v Speaker 4>weird looking because they they really look like they need

0:39:07.921 --> 0:39:08.721
<v Speaker 4>something other.

0:39:08.601 --> 0:39:10.161
<v Speaker 3>Than those two They look like they need arms.

0:39:10.201 --> 0:39:12.361
<v Speaker 4>Don't look think they need either wings or sort of

0:39:12.401 --> 0:39:14.081
<v Speaker 4>like little kangaroo type arms.

0:39:14.281 --> 0:39:16.041
<v Speaker 3>Well, they do have little wings, you just don't can't

0:39:16.081 --> 0:39:18.081
<v Speaker 3>see them. They've just got these little in the fight.

0:39:17.961 --> 0:39:20.321
<v Speaker 4>They just look even more ridiculous because they've got nothing

0:39:20.361 --> 0:39:22.321
<v Speaker 4>to really fight with. They're sort of bouncing on their

0:39:22.361 --> 0:39:25.201
<v Speaker 4>two legs and beaking, and they're just the weirdest kicking

0:39:25.361 --> 0:39:27.521
<v Speaker 4>dudes that ever they were.

0:39:27.921 --> 0:39:29.921
<v Speaker 3>I was wondering what happens if they fall over one,

0:39:29.961 --> 0:39:32.801
<v Speaker 3>but they seem to the upright, Brad. We were impressed

0:39:32.841 --> 0:39:34.761
<v Speaker 3>by that video and slightly shocked that Kiwi are so

0:39:34.841 --> 0:39:35.681
<v Speaker 3>aggressive to each other.

0:39:36.401 --> 0:39:36.881
<v Speaker 6>I did.

0:39:36.961 --> 0:39:39.201
<v Speaker 5>I mean, I thought it was quite exciting as well. Look,

0:39:39.241 --> 0:39:41.241
<v Speaker 5>I'm a north under I think it shows that, you know,

0:39:41.401 --> 0:39:43.041
<v Speaker 5>Jesus if you go up north and you get to

0:39:43.041 --> 0:39:45.761
<v Speaker 5>see some pretty spectacular sights, and sometimes.

0:39:45.441 --> 0:39:48.201
<v Speaker 6>It includes kiwi fighting in your backyard. I mean, how good.

0:39:48.441 --> 0:39:51.041
<v Speaker 3>Actually, wouldn't that be amazing? Seriously to look out in

0:39:51.081 --> 0:39:54.081
<v Speaker 3>your backyard and see a kiwi or two, isn't that?

0:39:54.481 --> 0:39:57.241
<v Speaker 3>I think it just seems so surreal because I've always

0:39:57.241 --> 0:40:00.281
<v Speaker 3>thought they're so rare and endangered, and yet there's somebody's

0:40:00.281 --> 0:40:02.121
<v Speaker 3>got a water bowl out and then they're fighting over it.

0:40:02.681 --> 0:40:04.281
<v Speaker 6>They are such incredible animals.

0:40:04.481 --> 0:40:06.801
<v Speaker 5>I've seen the when I was on Stuart Island, you know,

0:40:06.921 --> 0:40:08.961
<v Speaker 5>did of night heaving would be very quiet, and I

0:40:09.041 --> 0:40:12.041
<v Speaker 5>think it's quite cool to see, you know, that there

0:40:12.081 --> 0:40:14.161
<v Speaker 5>are now enough of them and we're getting there in

0:40:14.281 --> 0:40:16.801
<v Speaker 5>terms of their numbers that they can fight in the backyard.

0:40:17.041 --> 0:40:20.401
<v Speaker 5>They are peculiar looking creatures, That's that's sure. I feel

0:40:20.441 --> 0:40:22.441
<v Speaker 5>like if they fall over, they almost just must spring

0:40:22.521 --> 0:40:24.601
<v Speaker 5>back up on the hind legs and right.

0:40:24.561 --> 0:40:25.801
<v Speaker 2>Again, like the Kung Fu thing.

0:40:26.321 --> 0:40:26.521
<v Speaker 6>Yeah.

0:40:26.521 --> 0:40:30.201
<v Speaker 5>I mean maybe eventually, hopefully this is a new tourism

0:40:30.361 --> 0:40:31.441
<v Speaker 5>ed that we can start to put out.

0:40:31.481 --> 0:40:34.561
<v Speaker 3>You know, I can see you doing that move on

0:40:34.641 --> 0:40:36.561
<v Speaker 3>the on the dance floor when you slip over bread.

0:40:36.601 --> 0:40:36.921
<v Speaker 2>Anyway.

0:40:37.001 --> 0:40:38.641
<v Speaker 3>Hey, look, we haven't got time to say goodbye, except

0:40:38.681 --> 0:40:40.361
<v Speaker 3>we can say goodbye. We'll be back in just a

0:40:40.441 --> 0:40:43.401
<v Speaker 3>moment with the One Radio Show. Thanks Irene, Thanks Brad.

0:40:43.481 --> 0:40:46.681
<v Speaker 1>Catch us own for more from the Weekend Collective. Listen

0:40:46.801 --> 0:40:50.161
<v Speaker 1>live to news talks'd be weekends from three pm, or

0:40:50.241 --> 0:40:52.201
<v Speaker 1>follow the podcast on iHeartRadio