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

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Speaker 1: duper c Ellen Drive with One New Zealand coverage like

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Speaker 1: no one else, News Talks Heavy.

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Speaker 2: Afternoon.

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Speaker 3: Welcome to the show. Coming up today, we're going to

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Speaker 3: get you to court for a Brenton tarrant appeal the

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Speaker 3: government seven out of ten announcement which is due today

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Speaker 3: is coming up shortly. And he has a question should

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Speaker 3: kids be learning touch typing to help them in a

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Speaker 3: digital world?

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Speaker 4: Ever, duper c Ellen got another.

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Speaker 3: Question for you. Is it possible that there are some

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Speaker 3: sporting events that are just so big that they can

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Speaker 3: basically do what they want politically without suffering. Now, I'm

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Speaker 3: asking this because of what's just happened during the Super

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Speaker 3: Bowl halftime performance. Bad Bunny was everything that the MAGA

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Speaker 3: crowd expected him to be and I suppose feared him

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Speaker 3: to be. They were already who was threatening, you know,

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Speaker 3: some of them threatening to boycott the halftime show because

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Speaker 3: Bad Bunny is a vocal critic of Trump's ice raids,

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Speaker 3: having spoken out at the Grammys last week. And that

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Speaker 3: was just the latest and a number of speeches. A

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Speaker 3: Trump aligned MAGA group hosted an alternative halftime show featuring

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Speaker 3: Kid Rock and so you know they were expecting something

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Speaker 3: and it came at the end of Bad Bunny's performance,

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Speaker 3: surrounded by flags from mainly South America. He made his point.

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Speaker 3: He said, God bless America, and then he name checked

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Speaker 3: countries throughout North and predominantly South America, which was obviously

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Speaker 3: deliberately provocative, being that Ice is catching migrants from those countries.

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Speaker 3: And like clockwork, Trump then took the bait and immediately

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Speaker 3: hit the troth the truth social causing him to then

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Speaker 3: have a crack at the super Bowl. Now, my prediction

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Speaker 3: on this is that the super Bowl, the super Bowl

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Speaker 3: is going to weather this. It will beat Trump and

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Speaker 3: MAGA on this one because it always weathers the politics.

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Speaker 3: I mean, you remember back to Beyonce's Black Panther esque

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Speaker 3: performance ten years ago, there was criticism the Super Bowl

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Speaker 3: was drawn into the Colin Kaepernick taking the knee stuff.

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Speaker 3: There has been low level drama in intervening years, and

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Speaker 3: yet the Super Bowl just keeps on setting records. We

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Speaker 3: watch it from New Zealand. Last year, it attracted nearly

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Speaker 3: one hundred and twenty eight million viewers, making it one

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Speaker 3: of the most watched US broadcasts. Ever, I am firmly,

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Speaker 3: firmly of the view that you should never mix politics

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Speaker 3: with sport, because you simply give some fans a reason

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Speaker 3: to leave in an age when you do not need

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Speaker 3: people to leave. But maybe there just are some events

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Speaker 3: that are so big they can afford to and not

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Speaker 3: even Trump condemn their popularity. And maybe the Super Bowl

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Speaker 3: is exactly that kind of an event.

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Speaker 4: Ever, Duper s Allen.

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Speaker 3: Nine nineteen is the text number, standard text piece of

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Speaker 3: fly and I'll play you some of the stuff so

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Speaker 3: you can feel like you've watched it if you haven't. Now,

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Speaker 3: almost ten thousand Air New Zealand customers have had their

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Speaker 3: travel plans ruined by an upcoming strike action. So forty

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Speaker 3: four flights have been canceled for Thursday and Friday because

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Speaker 3: the cabin crew striking over paying conditions. Many of the

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Speaker 3: flights have been rebooked, but that may not be enough

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Speaker 3: for disrupted plans. Air New Zealand's chief Customer and Digital Officer,

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Speaker 3: Jeremy O'Brien is with us on this high Jeremy, yeah

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Speaker 3: you and very well, thank you. How many of the

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Speaker 3: affected flyers have had have been rebooked and completely accommodated.

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Speaker 5: Yeah, so we've actually provided reccommodation options for all of

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Speaker 5: the impacted customers on the flights two to three days

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Speaker 5: either side of the strike days. Now, we're not every

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Speaker 5: customer that's going to be suitable, and for those customers,

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Speaker 5: they are entitled to and should request either a credit

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Speaker 5: to fly later or a refund. But we have been

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Speaker 5: able to provide reaccommodation options to all customers.

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Speaker 3: Yeah, and customers are also Jeremy, correct me if I'm wrong,

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Speaker 3: but I understand they're also able to if they need

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Speaker 3: to claim things like accommodation from you guys, or any

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Speaker 3: kind of costs associated with disruptive travel.

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Speaker 6: Yeah.

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Speaker 5: Correct, So this is a controllable disruption. So the main

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Speaker 5: thing for us is to make sure that customers are

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Speaker 5: the impacted minimized as much as possible. So if you

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Speaker 5: do need to change plans and you do incurre reasonable

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Speaker 5: cost bit for transport accommodation meals, then absolutely a customer

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Speaker 5: should look to have those reinburst as well.

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Speaker 3: Okay, are most people being decent about it?

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Speaker 7: Look?

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Speaker 5: I mean I think most people are very reasonable, and

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Speaker 5: the reality is, in most instances, people want to get

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Speaker 5: to where they're going to. In some circumstances there will

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Speaker 5: be time bound things that mean that the new flight

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Speaker 5: times aren't convenient, and therefore we absolutely again say to

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Speaker 5: customs please do apply for a credit or a refund

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Speaker 5: and we will process that for you.

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Speaker 3: Right, let me just get this right. So is it

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Speaker 3: all your international flights on Thursday and Friday?

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Speaker 4: Yeah?

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Speaker 5: So it's our wide body crew and our wide body

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Speaker 5: aircraft fly our long haul international flights, so into Asia

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Speaker 5: and North America. What we have done is we have

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Speaker 5: limited the impact on our Tasman and Pacific un'm flying

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Speaker 5: because we're able to put on and narrow body aircraft

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Speaker 5: are the smaller jets on those flights. And then for

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Speaker 5: those long haul flights, we have provided alternative options both

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Speaker 5: on in New Zealand two to three days before or after,

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Speaker 5: but also alternatives across as Star Alliance and other partnary

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Speaker 5: lines as well. So we've exhausted every single way in

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Speaker 5: which we can reaccommodate our passengers as close as possible

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Speaker 5: to their original travel dat right.

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Speaker 3: So no one's going to be complaining about the international

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Speaker 3: Corra clubs being too busy on Thursday and Friday? Are they.

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Speaker 5: Well, look, there'll be no there'll be no none of

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Speaker 5: ours long haul flights will be going out that day,

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Speaker 5: so they will be a little bit quiet, and that's

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Speaker 5: for sure.

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Speaker 3: Hey, Jeremy, what's going on? Somebody said to me, it's

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Speaker 3: been noted that the flights are turning up. I don't

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Speaker 3: know if you can speak about this domestically, but apparently

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Speaker 3: the domestic flights are running a little bit more to

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Speaker 3: time this year. Are you guys making an effort?

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Speaker 5: Look, I mean, it's a real focus for us. We're

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Speaker 5: very aware that the first and foremost of the best

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Speaker 5: thing we can do is run our network on time

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Speaker 5: and to schedule, and so there's been a huge amount

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Speaker 5: of hard work going on in the background in order

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Speaker 5: for us to do that. We can continue to improve,

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Speaker 5: but it is a real focus for the business.

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Speaker 3: Good stuff, Jeremy, it's always good to talk to you.

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Speaker 3: Thank you, mate, Jeremy O'Brien, who is in New Zealand's

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Speaker 3: Chief Customer and digit officer, Hot off the press. A

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Speaker 3: pole has just dropped, I reckon in the last our

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Speaker 3: last hour or so, Taxpayer's Union Caurier poll are Labor's

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Speaker 3: still in charge on thirty four percent? It's come back

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Speaker 3: ever so slightly zero point three points. National is in

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Speaker 3: second place on thirty one percent. Comeback also very small,

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Speaker 3: zero point two points. New Zealand first has dropped like

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Speaker 3: a reasonable chunk for its boat share. It's down one

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Speaker 3: point four points to ten point five percent. Greens have

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Speaker 3: jumped two point six points to ten point three percent,

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Speaker 3: Acts dropped zero point three points to six point seven percent,

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Speaker 3: and in the Malori parties dropped zero point one points.

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Speaker 3: They're sitting just shy of three percent. Cost of living

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Speaker 3: is the single most important issue. That's up seven point

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Speaker 3: four points to thirty five percent. This is its hot

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Speaker 3: and this is important. This is the cost of living's

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Speaker 3: highest result since May twenty twenty four. Now I don't

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Speaker 3: I can't explain it to you, and i'd love to know.

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Speaker 3: I'd love it if you have an explanation for it.

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Speaker 3: I'd actually love to hear it. But I have noticed

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Speaker 3: that there there are a lot more people, just I

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Speaker 3: want to say, in the last six months or so,

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Speaker 3: who have started to really feel it. And maybe what

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Speaker 3: it may be is the rates going up, the insurance

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Speaker 3: going up, all those extra cost pressures that maybe hadn't

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Speaker 3: reached the pinch point that they are now up there

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Speaker 3: and you've got it, I would say I ad venture

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Speaker 3: a higher bracket, a higher people in the higher earning

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Speaker 3: bracket who are now starting to feel it. This I

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Speaker 3: do not think will be the government will not be

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Speaker 3: reading this and thinking, oh geez, that's great for election.

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Speaker 3: They will be worried about that, because how on earth

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Speaker 3: is cost of living back at a level it was

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Speaker 3: two years ago, when the ocr has only gone in

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Speaker 3: one direction for the last We will anyway, Barrysopa will

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Speaker 3: talk us through the poll when he's with us in

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Speaker 3: half an hour's time. If I do not get a

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Speaker 3: satisfactory answer, and probably if I do get a satisfactory

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Speaker 3: answer on the text, I'm going to talk to Nicolauleas

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Speaker 3: about this after six o'clock, as they should be sweating

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Speaker 3: bricks over that quarter past.

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Speaker 1: It's the Heather Duper see Alan Drive Full Show podcast.

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Speaker 4: On iHeartRadio powered by News Talk ZP.

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Speaker 3: Heather. I've just got a sound off because I'm very,

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Speaker 3: very angry about the Mosque Killer having his weekend courts

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Speaker 3: beyond belief blah blah blah. A fair point. I think

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Speaker 3: it will be disturbing to quite a few people that

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Speaker 3: he is in court again looking for application to appeal

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Speaker 3: basically his guilty. Please. He's told the court this morning

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Speaker 3: that the only reason that he was basically not he

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Speaker 3: reckons in a fit state to plead guilty when he did,

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Speaker 3: because he was pleading guilty to try to speed things up.

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Speaker 3: He thought that he could catch the state in the

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Speaker 3: media off guard. I thought, he says, I could fly

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Speaker 3: under the radar if I could time it when the

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Speaker 3: lockdown's kicked in, which obviously failed miserably for him, because

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Speaker 3: I think he might have underestimated how angry he made people. Anyhow,

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Speaker 3: We're going to go to our reporter who is in

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Speaker 3: court just half the five right now. It's four eighteen.

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Speaker 1: Sport with Generates putting performance first generate keywisavor dot co

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Speaker 1: dot NZID.

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Speaker 3: Jason Pine sports talk hosters with us. Hello, Piney, Piney,

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Speaker 3: are you there.

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Speaker 8: I'm here. Yes, I'm here. Sorry, I was always here,

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Speaker 8: maybe head slightly softer voice than normal.

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Speaker 3: You know what it was out It was a fault

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Speaker 3: at our end. So don't doubt about it.

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Speaker 8: No, I highly doubt that.

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Speaker 3: Yeah, you are so charming. Now, how are you enjoying

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Speaker 3: that Super Bowl? It's first stop start, isn't it.

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Speaker 8: Well, that's sets NFL for you, isn't it? And for

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Speaker 8: the first three quarters not a touchdown to be seen.

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Speaker 8: I sort of been in combs with my son as

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Speaker 8: a big NFL and he said, I can't believe I

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Speaker 8: stayed home from work to watch this. Seattle have got

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Speaker 8: a couple of touchdowns. They're twenty nine to thirteen ahead.

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Speaker 8: There's less than two minutes to go. But as you say,

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Speaker 8: the clock stops here and there. But I think Seattle

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Speaker 8: have certainly one hand on the Super Bowl, and we'll

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Speaker 8: have both hands on it very shortly.

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Speaker 3: Does it surprise you that we tune in? I mean,

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Speaker 3: you know most of it. I have no bloody idea

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Speaker 3: what's going on. Most people have no idea what's going

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Speaker 3: on the field in New Zealand. Yet apparently we tune in.

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Speaker 3: Does that surprise you? No, not really.

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Speaker 8: I think it's the occasion. I'll tell you what. The

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Speaker 8: biggest crowd here at z B and Wellington was around

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Speaker 8: the halftime show Bad Bunny. Did you see Bad Bunny?

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Speaker 9: Do you know who?

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Speaker 10: That is?

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Speaker 3: No idea, but that is a camp He is camping

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Speaker 3: having fun, isn't he?

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Speaker 8: Well, it looks like he's enjoying the big payday. He's

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Speaker 8: going to get in the big exposure if he needs

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Speaker 8: any more. He's apparently massive, old big bunny, So I'm

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Speaker 8: going to down When it was playlist for the drive home.

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Speaker 3: Oh, don't don't bother it's Latin trap. I don't No

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Speaker 3: trap is good whether it's Latin or English. But did

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Speaker 3: you realize this, Piney? He pops up. He has lead

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Speaker 3: Spotify's you know how Spotify does that wrapped thing at

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Speaker 3: the end of the year. He has been number one

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Speaker 3: on Spotify's Global Wrapped for about four years in a

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Speaker 3: row and doesn't even show up in New Zealand Get Out.

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Speaker 8: Yeah, well, was he on Christopher Luckxen's playlist over something.

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Speaker 3: The loves Latin trap? That Chris Reluxe and Law is

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Speaker 3: a big, big, big bad bunny fan. Actually, now, when

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Speaker 3: are we going to get our first Winter Olympics medal?

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Speaker 8: Hopefully tomorrow morning. Zobe Sadowski Senate, who we obviously know

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Speaker 8: has got huge pedigree, has gone through to the Big

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Speaker 8: Air final in the snowboard tomorrow morning, is top top qualified.

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Speaker 8: This isn't even her best event. She's got a silver

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Speaker 8: of bronze on this from the last two games. The

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Speaker 8: gold was in the in the slow style, which is

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Speaker 8: her other event. But she's qualified top as I say,

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Speaker 8: a ninety with her first to jump this morning, which

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Speaker 8: you know is well, it's the top score from anybody.

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Speaker 8: I think tomorrow morning around eight point thirty the skits underway,

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Speaker 8: maybe slightly earlier, Zobe saidowskis and it should pick up

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Speaker 8: yet another game's medal and our first of twenty twenty six.

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Speaker 3: Hey, listen, and how are you feeling about the T

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Speaker 3: twenty World Cup.

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Speaker 8: Well, I was a bit worried at fourteen for two

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Speaker 8: chasing one to eighty, but yeah, we got there. Okay, Look,

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Speaker 8: Afghanistan was a bit of a banana skin. We got

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Speaker 8: just got that should now get us into the super rights.

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Speaker 8: This tournament starts in a couple of weeks for me

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Speaker 8: when all the kind of the minnows go home and

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Speaker 8: the big guy slug it out, including us hopefully.

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Speaker 3: Yeah, good stuff. Hey, thank you very much, Pony. As

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Speaker 3: always Jason Pine's sports talk host. He'll be back at seven.

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Speaker 3: By the way, this is the big announcement from the government.

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Speaker 3: It's got to do with LNG.

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Speaker 11: Today we're announcing the next steps and establishing an LNG

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Speaker 11: import facility. This will provide a reliable backup fuel source,

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Speaker 11: reducing the impact of dry year risk on electricity price

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Speaker 11: and stabilizing electricity costs.

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Speaker 12: For Kiwis.

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Speaker 3: When he sets seven out of ten this morning to

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Speaker 3: Mike Is, I go, a's a good one. It's seven

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Speaker 3: out of ten. I'm not sure he meant seven out

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Speaker 3: of ten in terms of stupidity, but it does rank

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Speaker 3: up there. We'll talk about that later.

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Speaker 1: For twenty two, the headlines and the hard questions, it's

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Speaker 1: the Mic Hosking Breakfast.

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Speaker 13: I'm mister Christopher Luxen is whe us social media? Is

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Speaker 13: it true that Erica Stanford told somebody unassuming meta that

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Speaker 13: you as a government have made up your mind that

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Speaker 13: you will be putting some ban in place.

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Speaker 11: Yeah, we want to progress a social media ban front

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Speaker 11: as are you going.

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Speaker 13: To be doing anything different than Australia's doing, than Denmark's doing,

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Speaker 13: that Spain's doing, Given their's doesn't work, we are.

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Speaker 11: Looking very closely at what the Australians are doing. The

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Speaker 11: benefit of going a year or so later is that

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Speaker 11: we actually get.

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Speaker 13: To see what is even if it doesn't work, which

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Speaker 13: is it's not what they want.

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Speaker 11: Sure, but but Mike, we're going to die trying here,

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Speaker 11: and we have lots of restrictions in the physical world

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Speaker 11: none in the virtual world.

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Speaker 13: Back tomorrow at six am the Mic Hosking Breakfast with

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Speaker 13: a Vida whose talk z'd be.

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Speaker 1: The name you trust to get the answers you need.

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Speaker 1: It's Heather Duplicyl and drive with one New Zealand coverage

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Speaker 1: like no one else us.

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Speaker 4: Talk theb Hither.

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Speaker 3: I would describe myself as a high income middle New Zealander,

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Speaker 3: heavily taxed, feeling very hollowed out by and by an

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Speaker 3: effective tax rate of forty eight percent. This is by

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Speaker 3: the time I pay the GST and then the thirty

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Speaker 3: nine percent income tax. Also have a mortgage, working as

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Speaker 3: hard as I can, going sideways. This government has really

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Speaker 3: failed working New Zealanders, even high income ones. Yep, Hither

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Speaker 3: at cost of living absolutely as the ocr drops. It

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Speaker 3: doesn't impact the rates, the power, the gas prices and

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Speaker 3: the insurances. That's all going up. Blair, thank you, Hither,

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Speaker 3: I'm and Papa more. Definitely no poverty here, beautiful homes

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Speaker 3: building like crazy. Every second car is a new Audi

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Speaker 3: or a range Rover marked safe from property. Yeah, we'll

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Speaker 3: talk to Nikola about I suspect. I suspect this is

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Speaker 3: going to be the Yeah. I mean, as we know,

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Speaker 3: they they put the election all the way back in

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Speaker 3: November in the hopes that we'd be feeling better by November.

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Speaker 3: But I'm starting to just think, well, man, and what

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Speaker 3: is that. That's eleven that's eleven months from now, a

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Speaker 3: nine months from now. I just feel like they are

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Speaker 3: going to be pushing it anyway. We'll see. Over in Australia,

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Speaker 3: the Israeli President has arrived in Sydney to basically begin

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Speaker 3: his official visit following the Bondi terror attackers. This is

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Speaker 3: going to be reasonably heated. I would imagine there's already

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Speaker 3: been caught controversy over the weekend and the lead up

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Speaker 3: to the weekend. We'll have a chat to Oliver Peterson,

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Speaker 3: who's going to be with us shortly Greek foran sounds

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Speaker 3: like he's got himself a flash old job. Speaking of

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Speaker 3: a New Zealand. Just a minute ago, there is an

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Speaker 3: exclusive report from the Wall Street Journals suggesting that the

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Speaker 3: US grocery giant Kroger is about to appoint him as

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Speaker 3: their CEO, maybe maybe even in the next couple of

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Speaker 3: hours or so. They wanted someone that had a bit

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Speaker 3: of a difficult time because their ce if I remember correctly,

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Speaker 3: their ce left about a year ago with a bit

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Speaker 3: of a cloud. There's some ethical problems and stuff like that.

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Speaker 3: So they wanted to look outside of the business and

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Speaker 3: find someone. Could you go past Greek foran If you

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Speaker 3: were a US giant in the grocery space, I reckon

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Speaker 3: you'd ruggle to find very many people better than him,

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Speaker 3: because of course he knows the stuff turned Walmart around

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Speaker 3: famously and so on, and this is a big old

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Speaker 3: business that needs somebody like that. So as soon as

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Speaker 3: that is confirmed, I think we can basically assume it's confirmed.

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Speaker 3: I mean it's it's being reported by the Wall Street Journal.

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Speaker 3: That will not be people playing games, will it. Anyway,

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Speaker 3: Barry Soapa is going to be there shortly talk us

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Speaker 3: through that poll. And as I say, Oli Peterson standing

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Speaker 3: by news is next.

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Speaker 9: Quote get with oh, I get with my.

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Speaker 1: On your smart speaker, on the iHeart app and in

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Speaker 1: your car on your drive home.

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Speaker 4: It's Heather dup c Ellen Drive.

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Speaker 1: With One New Zealand and the power of satellite mobile

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Speaker 1: news talks that'd be.

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Speaker 3: We can last Teacher Nature. The people who are complaining

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Speaker 3: about the costs of living seriously think that voting labor

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Speaker 3: is going to fix it. Olive Peterson is going to

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Speaker 3: be with us shortly. I don't know if you realize this,

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Speaker 3: but one of the guys playing in the Super Bowl

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Speaker 3: today was as a guy who's actually born in Auckland.

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Speaker 3: His name is George Halani, who plays for the Seattle Seahawks.

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Speaker 3: He's part of a Tonguin family who moved here. Then

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Speaker 3: he was born here. They lived in Orni, Hunger, and

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Speaker 3: then his family moved up to the US and the rest,

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Speaker 3: as they say, is history. I can't tell you if

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Speaker 3: he played well, because I don't know what the hell's

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Speaker 3: happening on the field all of the time. But the

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Speaker 3: NFL dot com has a video of him with the

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Speaker 3: caption George HALLANEI puts two Pats defenders on skates with

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Speaker 3: filthy duke move, so it sounds like he had a

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Speaker 3: day of it. Twenty four away from five.

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Speaker 1: It's the world wires on newstalks, they'd be drive.

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Speaker 3: Israeli President Isaac Hertzog has visited the site of the

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Speaker 3: Bondie terror attack. He and New South Wales Premier Chrisman's

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Speaker 3: latery there along with two stones from Jerusalem, and here's

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Speaker 3: some of what he had to say.

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Speaker 14: We see ourselves as the protectors of George all over

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Speaker 14: the world are attacked and are asked in other countries,

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Speaker 14: and in Australia, which is a model democracy, it must

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Speaker 14: not happen more.

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Speaker 3: With Australia Correspondent Oli Peterson. Shortly so Kios Darmer's chief

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Speaker 3: of staff, Morgan McSweeney has resigned. So kisys He and

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Speaker 3: Morgan agreed that it was the right time for him

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Speaker 3: to leave. The Daily Mail says this is clearly fallout

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Speaker 3: from the Mandelson debarcle.

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Speaker 15: The ramifications for Kis darm are only going to continue

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Speaker 15: because he has lost the man who was one of

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Speaker 15: his most trusted aids, the man who he credited with

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Speaker 15: Labour's you know, huge and landslide victory in twenty twenty four.

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Speaker 15: And so where he goes from here is anyone's question.

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Speaker 3: And finally lost a Belgian woman has swallowed as seen seventeen,

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Speaker 3: sent me to spoon. Yet don't have a look at

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Speaker 3: how big that is if you just spread your fingers out,

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Speaker 3: you know, it's half half a ruler about that swallowed

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Speaker 3: the whole thing. She was eating yogurt on the couch

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Speaker 3: and she was holding the spoon with her mouth while

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Speaker 3: she sent a text and don't pretend you haven't done that,

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Speaker 3: because you have. But then a dog suddenly jumped up

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Speaker 3: on her and she panicked and didn't downmatched the spoon went. Thankfully,

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Speaker 3: the doctors were able to get it out with only

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Speaker 3: minor surgery, and her boyfriend is now planning on turning

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Speaker 3: the spoon into an art piece.

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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.

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Speaker 3: Business Holly Peterson six, Well, I was going to say sex.

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Speaker 3: It's ABC now, isn't it? Perth Reporter Radio Drive present

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Speaker 3: A big deal Ollie? How are you doing mate?

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Speaker 16: Helloheader, I'm very well.

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Speaker 1: How are you?

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Speaker 3: I am very well? Did you have any protests?

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Speaker 2: Well not yet, but that still may go ahead.

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Speaker 16: So about seven o'clock tonight your time is when a

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Speaker 16: Supreme Court is expected to give either the go ahead

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Speaker 16: to this protest or not. About five thousand pro Palestinian

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Speaker 16: protesters are expected to gather in the Sydney CBD a

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Speaker 16: lot of workers in the Sydney CBD today have been

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Speaker 16: told to stay away and have decided to work from home.

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Speaker 16: So pretty quiet in Sydney it is, as you and

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Speaker 16: I talk at the moment, Header, As you mentioned that

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Speaker 16: the Israeli president has visited Bonda, you lay to wreathed

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Speaker 16: two stones from Jerusalem in honor of those fifteen victims

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Speaker 16: of the attacks on Jews celebrating first night of Harnikah.

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Speaker 16: So the Supreme Court expected to deliver some sort of

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Speaker 16: I say, verdict, but whether or not this particular protest

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Speaker 16: can go ahead or not by seven o'clock your time, Ollie.

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Speaker 3: Are you trying to make goalition the thing?

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Speaker 16: Well, I don't know what they are like. If you

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Speaker 16: look at today's news polls, one nation is now closer

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Speaker 16: to labor than the Liberals and the Nationals are combined.

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Speaker 16: That's how bad our opposition is in Australia at the moment. Header,

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Speaker 16: So yes, they're the goalition for the time being. But

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Speaker 16: it is being widely reported today that Angus Taylor is

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Speaker 16: preparing a challenge of Susan Lee, could be as early

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Speaker 16: as tomorrow, maybe by Friday of this week, so we

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Speaker 16: could even have a new Liberal leading by the time

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Speaker 16: the week is out, and it could have another opinion

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Speaker 16: poll that just sees the Goalition become the no Elition header.

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Speaker 16: They are just absolutely floundering in the wilderness at the moment.

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Speaker 2: And this is just a really odd.

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Speaker 16: Time in Australian political history because we have seeing the

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Speaker 16: demise of the opposition and the surge one Nation. But

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Speaker 16: you know, test that you've only got Pauline Hanson in

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Speaker 16: the Parliament. You've got a West Australian One Nation senator

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00:20:06,240 --> 00:20:09,560
Speaker 16: as well. Would that translate on polling day? Who knows?

437
00:20:09,760 --> 00:20:11,800
Speaker 16: Because she's got to find a lot of recruits.

438
00:20:12,000 --> 00:20:12,440
Speaker 4: Do you reckon?

439
00:20:12,600 --> 00:20:14,600
Speaker 3: Do you reckon? Dumping Susan Lee is the solution.

440
00:20:16,240 --> 00:20:19,280
Speaker 16: I've got to do something. Yes, she's ms angus tal

441
00:20:19,520 --> 00:20:22,119
Speaker 16: Taylor any better? No, But they need some sort of

442
00:20:22,119 --> 00:20:24,159
Speaker 16: clear air, they need a different spokesperson. And it's going

443
00:20:24,200 --> 00:20:25,920
Speaker 16: to look horrible over here too because they're going to

444
00:20:26,000 --> 00:20:26,440
Speaker 16: dump a woman.

445
00:20:26,480 --> 00:20:28,159
Speaker 12: They're going to dump a leader who.

446
00:20:28,119 --> 00:20:30,840
Speaker 16: Has been battered and bruised internally, not just from the

447
00:20:30,880 --> 00:20:33,679
Speaker 16: Leaves but the Nationals with the divorce twice and now

448
00:20:33,680 --> 00:20:35,280
Speaker 16: they're going to go and do this like things won't

449
00:20:35,320 --> 00:20:37,680
Speaker 16: get better Header, but it's just not working at the moment,

450
00:20:37,720 --> 00:20:39,200
Speaker 16: so they've got to they've got to do something.

451
00:20:39,480 --> 00:20:42,840
Speaker 3: Yeah, fair point. Okay, now you surprised that a professional

452
00:20:42,840 --> 00:20:44,240
Speaker 3: baby namer is actually a job.

453
00:20:46,200 --> 00:20:47,800
Speaker 16: I think I'm going to find a new career and

454
00:20:47,840 --> 00:20:49,359
Speaker 16: I reckon you could come with me. Do you have

455
00:20:49,400 --> 00:20:51,800
Speaker 16: a special meaning? Like do you know why you're Heather?

456
00:20:52,200 --> 00:20:54,480
Speaker 16: Did you ever get explained why your name is head? No?

457
00:20:54,520 --> 00:20:56,919
Speaker 3: Because do you know what happened? My mum was giving birth.

458
00:20:57,000 --> 00:20:59,120
Speaker 3: She was like, I'm doing all hard work and then

459
00:20:59,160 --> 00:21:02,280
Speaker 3: my dad, who was Scottish, walked out of the labor room,

460
00:21:02,320 --> 00:21:05,080
Speaker 3: went and registered my name Scottish name, and my mum

461
00:21:05,240 --> 00:21:07,600
Speaker 3: was just like what And then he did it again

462
00:21:07,640 --> 00:21:09,920
Speaker 3: with my brother, both Scottis names, and she has no idea.

463
00:21:10,000 --> 00:21:11,280
Speaker 3: She was like, I think he just liked it.

464
00:21:12,400 --> 00:21:13,800
Speaker 16: Well, I think you and I could serve up a

465
00:21:13,840 --> 00:21:15,000
Speaker 16: little side hustle here heaven.

466
00:21:15,040 --> 00:21:15,720
Speaker 3: What about your name?

467
00:21:17,400 --> 00:21:20,680
Speaker 16: Okay? So my grandfather, who I never met, was John

468
00:21:20,720 --> 00:21:23,119
Speaker 16: Oliver and died before I was born, so I was

469
00:21:23,119 --> 00:21:25,359
Speaker 16: meant to be John Oliver and mum really didn't want

470
00:21:25,400 --> 00:21:27,320
Speaker 16: John Oliver because she's got a brother John, and there's

471
00:21:27,320 --> 00:21:29,560
Speaker 16: lots of John's in the family, and when I was born,

472
00:21:29,960 --> 00:21:31,680
Speaker 16: she just sort of said to dad, you know what

473
00:21:31,680 --> 00:21:33,560
Speaker 16: have about Oliver John? And he went, oh, yeah, that's

474
00:21:33,560 --> 00:21:35,280
Speaker 16: a good idea too. So that's why I'm Oliver John.

475
00:21:35,280 --> 00:21:36,879
Speaker 3: Oh that's nice. Okayway you were going to say, so,

476
00:21:36,920 --> 00:21:38,439
Speaker 3: I want to set up We're going to set up

477
00:21:38,440 --> 00:21:39,040
Speaker 3: a side hustle.

478
00:21:39,960 --> 00:21:42,720
Speaker 16: Yeah, two hundred bucks to name someone's baby. They just

479
00:21:42,800 --> 00:21:44,639
Speaker 16: ring Heather and Olie, and so what should we call

480
00:21:44,680 --> 00:21:45,119
Speaker 16: our baby?

481
00:21:45,640 --> 00:21:47,119
Speaker 3: I have to have a ceremony, a like we'd have

482
00:21:47,160 --> 00:21:48,879
Speaker 3: to come up with some weird voodoo thing to make

483
00:21:48,920 --> 00:21:50,480
Speaker 3: them feel like we didn't just fuck it off the

484
00:21:50,480 --> 00:21:51,880
Speaker 3: list of unused names.

485
00:21:51,880 --> 00:21:54,000
Speaker 16: Why don't we just I just don't tell them We'll

486
00:21:54,080 --> 00:21:56,639
Speaker 16: use chat GPT or Gemini and then we'll just like

487
00:21:56,720 --> 00:21:57,520
Speaker 16: throw it back to him.

488
00:21:57,600 --> 00:21:59,240
Speaker 17: Right, it's a scare.

489
00:21:58,880 --> 00:22:02,159
Speaker 3: Now listen, Olie. So I'm into season two of The

490
00:22:02,200 --> 00:22:06,640
Speaker 3: News Readers. Just such a good show.

491
00:22:07,960 --> 00:22:08,160
Speaker 12: Mate.

492
00:22:08,160 --> 00:22:10,040
Speaker 16: Like I've been doing maths Married at First Sight?

493
00:22:10,119 --> 00:22:10,840
Speaker 2: This week the latest?

494
00:22:10,880 --> 00:22:12,440
Speaker 16: Have you got the latest season a Married Math?

495
00:22:12,840 --> 00:22:13,159
Speaker 4: I did?

496
00:22:13,440 --> 00:22:16,440
Speaker 3: Have you know what? My iq sits above twenty two?

497
00:22:16,680 --> 00:22:19,679
Speaker 3: So I can't watch it.

498
00:22:20,280 --> 00:22:21,760
Speaker 16: That's why you were doing what you were doing, and

499
00:22:21,760 --> 00:22:22,720
Speaker 16: that's why I'm doing.

500
00:22:22,520 --> 00:22:23,000
Speaker 2: What I'm doing.

501
00:22:23,040 --> 00:22:25,320
Speaker 3: You're doing the ABC Drive show, so you're not that

502
00:22:25,400 --> 00:22:27,359
Speaker 3: half bad in Well, don't worry. I'll give them a call.

503
00:22:27,400 --> 00:22:28,880
Speaker 3: I'll tell them what you're watching in your spare time.

504
00:22:28,880 --> 00:22:31,880
Speaker 3: They'll dump you. Ollie, thank you very much, Oliver John Peterson,

505
00:22:32,280 --> 00:22:37,640
Speaker 3: ABC Perth Radio Drive Presenter. It's eighteen away from five, right,

506
00:22:37,680 --> 00:22:39,600
Speaker 3: so here's the Bad Bunny. We're just a little bit

507
00:22:39,600 --> 00:22:47,120
Speaker 3: of the Bad Bunny performance for you at halftime. Honestly,

508
00:22:47,160 --> 00:22:48,600
Speaker 3: that was some of the best bits. The rest was

509
00:22:48,640 --> 00:22:51,879
Speaker 3: trapped and nobody likes that. It was an extravaganza as

510
00:22:51,880 --> 00:22:55,000
Speaker 3: you would expect, amazing camera where cameras all over the show,

511
00:22:55,880 --> 00:22:58,560
Speaker 3: just like it was just epic. Him falling through a ceiling,

512
00:22:58,640 --> 00:23:01,760
Speaker 3: then walking out a door again, walking through dancers, walking

513
00:23:01,760 --> 00:23:04,040
Speaker 3: through mock up fields and so on. Globally. By the way,

514
00:23:04,080 --> 00:23:07,199
Speaker 3: as I mentioned before, he is massive but lost on

515
00:23:07,280 --> 00:23:09,080
Speaker 3: us in New Zealand because we hardly listened to him

516
00:23:09,080 --> 00:23:10,879
Speaker 3: relative to the rest of the world. So it was

517
00:23:10,920 --> 00:23:14,520
Speaker 3: exciting to see the cameos of other people like Pedro

518
00:23:14,600 --> 00:23:19,200
Speaker 3: Pascal and Lady Gaga whatever you got that, squear.

519
00:23:21,800 --> 00:23:23,080
Speaker 9: Nora.

520
00:23:26,240 --> 00:23:29,000
Speaker 3: But what really got the Genexa and millennial crowd in

521
00:23:29,000 --> 00:23:40,520
Speaker 3: the office hyped up. Was the sky recky Martin Yep, No,

522
00:23:40,720 --> 00:23:42,800
Speaker 3: to answer your question, he is still a hot babe,

523
00:23:42,840 --> 00:23:46,280
Speaker 3: even at fifty four. The controversial moment, as I mentioned earlier,

524
00:23:46,320 --> 00:23:49,640
Speaker 3: was where bad Bunny name checks the countries and the Americas.

525
00:23:49,280 --> 00:23:59,840
Speaker 18: But bless America, Anaia.

526
00:24:05,720 --> 00:24:06,200
Speaker 3: Vehicle.

527
00:24:10,840 --> 00:24:16,119
Speaker 14: You madiced that, Kanada, Puerto Rico.

528
00:24:16,880 --> 00:24:18,800
Speaker 3: Yeah, it's pretty much all the countries that Trump hats

529
00:24:18,800 --> 00:24:20,520
Speaker 3: at the moment. So he's gone mental on the truth

530
00:24:20,600 --> 00:24:23,040
Speaker 3: social as a result, which is probably exactly what they wanted.

531
00:24:23,119 --> 00:24:24,840
Speaker 3: Barry Soper's next sixteen away.

532
00:24:24,600 --> 00:24:28,159
Speaker 1: From five Politics with Centrics Credit, check your customers and

533
00:24:28,200 --> 00:24:29,200
Speaker 1: get payments certainty.

534
00:24:29,400 --> 00:24:31,240
Speaker 3: Listen. I couldn't tell you this before because I didn't

535
00:24:31,280 --> 00:24:33,520
Speaker 3: have confirmation, but Greg FOURD is going to be on

536
00:24:33,600 --> 00:24:35,800
Speaker 3: the show after half past six to talk us through

537
00:24:35,800 --> 00:24:38,040
Speaker 3: the job, because of course we're just waiting for confirmation

538
00:24:38,080 --> 00:24:41,359
Speaker 3: that he's been appointed to the US retail giant Kroger's

539
00:24:41,440 --> 00:24:43,440
Speaker 3: half past six with Greg. Right now, it's fourteen away

540
00:24:43,440 --> 00:24:46,080
Speaker 3: from five and Barry Sober seeing your political correspondence with

541
00:24:46,160 --> 00:24:48,439
Speaker 3: US high Barry, Good afternoon. So the Big seven out

542
00:24:48,480 --> 00:24:49,840
Speaker 3: of ten announcement is the allergy.

543
00:24:51,119 --> 00:24:53,480
Speaker 7: Well that's what we were told by Chris Luxan this

544
00:24:53,600 --> 00:24:55,440
Speaker 7: morning that it was going to be a seven out of ten.

545
00:24:55,520 --> 00:24:59,520
Speaker 7: But look, I suppose if we have to have insurance

546
00:24:59,560 --> 00:25:04,480
Speaker 7: against spikes and prices of electricity during a dry winter,

547
00:25:04,960 --> 00:25:09,440
Speaker 7: which we saw in twenty twenty four, electricity went through

548
00:25:09,480 --> 00:25:13,080
Speaker 7: the roof. And what they're saying is that this LNG

549
00:25:13,520 --> 00:25:17,200
Speaker 7: facility and they talked about bringing LNG into the country

550
00:25:17,600 --> 00:25:19,960
Speaker 7: at that time, you'll remember, but they didn't have any

551
00:25:20,280 --> 00:25:23,560
Speaker 7: facility to be able to store it and this will

552
00:25:23,600 --> 00:25:26,920
Speaker 7: provide that in Taranaki, so that's sort of the home

553
00:25:26,960 --> 00:25:30,840
Speaker 7: of energy now. But it'll be paid for. It's north

554
00:25:30,880 --> 00:25:33,359
Speaker 7: of a billion dollars. We're told they couldn't put a

555
00:25:33,400 --> 00:25:37,679
Speaker 7: precise price on it because the final announcement, so it's

556
00:25:37,680 --> 00:25:39,919
Speaker 7: a bit of an announcement of an announcement. The final

557
00:25:39,920 --> 00:25:43,840
Speaker 7: announcement will be in around June this year and they

558
00:25:43,840 --> 00:25:45,760
Speaker 7: say it could be up and running by next year

559
00:25:45,840 --> 00:25:49,160
Speaker 7: or the year after. So that those are the assurances

560
00:25:49,160 --> 00:25:52,600
Speaker 7: that we've got from the government. But key we households

561
00:25:53,880 --> 00:25:58,120
Speaker 7: being told by the Minister of Energy, Simon Watts that

562
00:25:58,480 --> 00:26:00,359
Speaker 7: what they're going to do is they're going to have

563
00:26:00,440 --> 00:26:05,520
Speaker 7: to pay a levee on their electricity bill, even though

564
00:26:05,600 --> 00:26:09,280
Speaker 7: they will be he says, fifty dollars a year better

565
00:26:09,320 --> 00:26:10,679
Speaker 7: off as a result.

566
00:26:10,880 --> 00:26:14,000
Speaker 3: The levy foro not for building this thing. For building

567
00:26:14,359 --> 00:26:16,840
Speaker 3: Oh my gosh, no, we've got.

568
00:26:18,359 --> 00:26:20,879
Speaker 7: Well, they can't say that because they haven't got the

569
00:26:21,600 --> 00:26:24,880
Speaker 7: detail of that yet because they've still got six names

570
00:26:25,680 --> 00:26:28,480
Speaker 7: that they're dealing with in terms of companies that will

571
00:26:28,480 --> 00:26:32,119
Speaker 7: front up and build this thing. Here's the Energy Minister

572
00:26:32,280 --> 00:26:32,600
Speaker 7: on it.

573
00:26:32,920 --> 00:26:37,160
Speaker 19: Every day Kiwi households and businesses pay a premium because

574
00:26:37,200 --> 00:26:41,800
Speaker 19: the market fares winter power shortages. The reality of the

575
00:26:41,800 --> 00:26:46,600
Speaker 19: commercial negotiation will dictate the exact operational costs for this facility,

576
00:26:47,080 --> 00:26:49,040
Speaker 19: and then the levee's purpose will be able to cover

577
00:26:49,119 --> 00:26:51,800
Speaker 19: that cost. So we'll work through that once we conclude

578
00:26:51,800 --> 00:26:55,000
Speaker 19: commercial negotiations. But to your point, the levee will cover

579
00:26:55,040 --> 00:26:58,000
Speaker 19: the costs to operate this facility that in effect operates

580
00:26:58,000 --> 00:26:59,160
Speaker 19: as an insurance policy.

581
00:26:59,600 --> 00:27:02,840
Speaker 7: So that's that's the explanation that there were asked quite

582
00:27:02,880 --> 00:27:07,600
Speaker 7: a few questions about missus Luxon and Watt's about this levy.

583
00:27:07,880 --> 00:27:10,280
Speaker 7: Isn't it at tax of some sort? But of course

584
00:27:10,600 --> 00:27:13,520
Speaker 7: they deny that, and they say the net benefit to

585
00:27:13,800 --> 00:27:17,040
Speaker 7: households as a result of it, as I said earlier,

586
00:27:17,080 --> 00:27:18,240
Speaker 7: will be fifty dollars a year.

587
00:27:19,000 --> 00:27:23,880
Speaker 3: Fifty dollars a year, one dollar a week, one dollar

588
00:27:23,920 --> 00:27:24,320
Speaker 3: a week.

589
00:27:24,960 --> 00:27:27,280
Speaker 7: But it's for an insurance policy here.

590
00:27:27,160 --> 00:27:32,240
Speaker 3: Though, what is that? Fourteen cents a day? Yeah, okay,

591
00:27:32,560 --> 00:27:36,919
Speaker 3: we'll deal with the seton. Oh my gosh. Wow. Anyway,

592
00:27:37,080 --> 00:27:38,960
Speaker 3: Simon Watts is going to be with us alfter five,

593
00:27:39,040 --> 00:27:42,639
Speaker 3: so we'll all good. We'll celebrate that one dollar a

594
00:27:42,720 --> 00:27:45,240
Speaker 3: week with them. The poll, what do you make of

595
00:27:45,320 --> 00:27:45,680
Speaker 3: the poll?

596
00:27:47,080 --> 00:27:49,840
Speaker 7: Well, look, it's saying the same thing, isn't it that

597
00:27:49,960 --> 00:27:52,480
Speaker 7: Poles have been saying now for some time? Not a

598
00:27:52,560 --> 00:27:55,760
Speaker 7: hung parliament. But I've certainly it's going to be a

599
00:27:55,760 --> 00:27:59,040
Speaker 7: close election, and I think there's a general expectation that

600
00:27:59,080 --> 00:28:02,640
Speaker 7: it will be close. But I still have an expectation

601
00:28:02,840 --> 00:28:06,760
Speaker 7: that hopefully this economy and the mood of the nation

602
00:28:06,960 --> 00:28:10,600
Speaker 7: will be turned around by mid year, which gives the

603
00:28:10,640 --> 00:28:13,919
Speaker 7: political debate a whole new momentum and the lead up

604
00:28:13,920 --> 00:28:20,119
Speaker 7: to the election. But this pole, this is the Union

605
00:28:20,200 --> 00:28:27,560
Speaker 7: yea Caurier pole, the basically Labors taking support off National

606
00:28:27,560 --> 00:28:30,199
Speaker 7: and Nationals coming down a bit. But the thing is,

607
00:28:31,200 --> 00:28:34,600
Speaker 7: all these figures are well within the statistical margin of

608
00:28:34,640 --> 00:28:38,920
Speaker 7: era of three percent, so you know, the relatively meaningless

609
00:28:39,040 --> 00:28:39,960
Speaker 7: at this time.

610
00:28:39,880 --> 00:28:42,720
Speaker 3: And that jump and support for the Greens look suspicious, right,

611
00:28:43,160 --> 00:28:43,840
Speaker 3: They've done nothing.

612
00:28:44,000 --> 00:28:46,440
Speaker 7: Yeah, and the only reason it's Home Parliament is because

613
00:28:46,720 --> 00:28:50,200
Speaker 7: the New Zealand First support has dropped slightly in this pole.

614
00:28:50,320 --> 00:28:52,000
Speaker 2: So you know, I just.

615
00:28:52,280 --> 00:28:56,040
Speaker 7: Wish the posters would give us a break for maybe

616
00:28:56,120 --> 00:28:59,200
Speaker 7: two months and then we can look at everything again

617
00:28:59,280 --> 00:29:00,000
Speaker 7: and run.

618
00:29:00,800 --> 00:29:04,160
Speaker 3: You want no polls in elections too much? No, I'm saying,

619
00:29:04,760 --> 00:29:06,480
Speaker 3: but you know we say this.

620
00:29:06,640 --> 00:29:10,480
Speaker 7: You may remember here that every election year that we're

621
00:29:10,840 --> 00:29:13,640
Speaker 7: poll acted, where by the time we get to election.

622
00:29:13,720 --> 00:29:16,640
Speaker 7: This is why Jim Bolder said, bugger the pollsters, because

623
00:29:16,680 --> 00:29:20,160
Speaker 7: you get it week after week after week, and at

624
00:29:20,160 --> 00:29:22,360
Speaker 7: the moment they're sort of telling us the same story.

625
00:29:22,440 --> 00:29:25,440
Speaker 3: All right. I see that the judge who's alleged to

626
00:29:25,440 --> 00:29:27,840
Speaker 3: have yelled he's lying at Winston Peter's at the Northern

627
00:29:27,880 --> 00:29:30,240
Speaker 3: Club while he was doing the speeches, is having her

628
00:29:30,320 --> 00:29:31,240
Speaker 3: day in court at the moment.

629
00:29:31,320 --> 00:29:34,520
Speaker 7: Yeah, she's before the Judicial Commission, which is a powerful

630
00:29:34,520 --> 00:29:38,720
Speaker 7: body that can recommend interestingly, no more than that to

631
00:29:38,720 --> 00:29:41,479
Speaker 7: the Attorney General, who happens to be due to the

632
00:29:41,480 --> 00:29:47,040
Speaker 7: Collins that she be removed from office. Now, the expectation,

633
00:29:47,600 --> 00:29:49,719
Speaker 7: I'll talk to somebody that was at the herring today

634
00:29:50,160 --> 00:29:52,920
Speaker 7: and the expectation is that she is now fighting for

635
00:29:52,960 --> 00:29:57,840
Speaker 7: her life because they had a judicial meeting, a meeting

636
00:29:57,840 --> 00:30:01,640
Speaker 7: of judges basically at the Northern Club, and she was

637
00:30:01,800 --> 00:30:06,400
Speaker 7: with her partner who's an ICU specialist. He gave a lip,

638
00:30:06,840 --> 00:30:09,600
Speaker 7: gave a bittle lip to Casey Costello, who was sitting

639
00:30:09,640 --> 00:30:12,840
Speaker 7: near the door the judge. Akins says that she never

640
00:30:12,960 --> 00:30:16,720
Speaker 7: knew that it was Winston. What she said was preaching

641
00:30:17,040 --> 00:30:19,200
Speaker 7: falsities to the crowd.

642
00:30:19,000 --> 00:30:22,040
Speaker 3: Because Winston's not is quite is not really, you know,

643
00:30:22,200 --> 00:30:24,360
Speaker 3: He's the kind of person you could mistake for someone else,

644
00:30:26,480 --> 00:30:29,040
Speaker 3: not well known everyone.

645
00:30:31,680 --> 00:30:34,520
Speaker 7: She said, she didn't, I think there's a bit worse

646
00:30:34,560 --> 00:30:37,200
Speaker 7: for where some of these people are also party this night.

647
00:30:37,280 --> 00:30:40,280
Speaker 7: But she said when she was looking back being escorted

648
00:30:40,840 --> 00:30:43,120
Speaker 7: past the room, she looked back and saw it was

649
00:30:43,160 --> 00:30:46,640
Speaker 7: Winston in fact speaking, and she realized then that when

650
00:30:46,680 --> 00:30:50,760
Speaker 7: he talked about te Kunger being taught in law school

651
00:30:51,200 --> 00:30:54,320
Speaker 7: as opposed to the Westminster assistant, I think you know,

652
00:30:54,440 --> 00:30:56,600
Speaker 7: even Winston would say that was probably going a stead

653
00:30:56,640 --> 00:30:57,320
Speaker 7: te fat All.

654
00:30:57,280 --> 00:30:59,240
Speaker 3: Right, Barry, thank you very much, appreciated, by the way,

655
00:30:59,240 --> 00:31:05,000
Speaker 3: Happy birthday, how old well passed hearing hades Old, That's

656
00:31:05,040 --> 00:31:05,840
Speaker 3: what I think.

657
00:31:06,080 --> 00:31:13,080
Speaker 10: Rubbish, Senior political correspondent, seven away from five, Heather, it's

658
00:31:13,080 --> 00:31:16,720
Speaker 10: Monday morning, ten am today in Topoor Cafes Fall.

659
00:31:16,720 --> 00:31:18,120
Speaker 3: It does seem to me that plenty of people have

660
00:31:18,160 --> 00:31:20,120
Speaker 3: spared dollars to blow. Not sure about a crisis, Lin,

661
00:31:20,200 --> 00:31:23,600
Speaker 3: thank you very much. Okay, listen, so Joanne said Heather,

662
00:31:23,640 --> 00:31:25,600
Speaker 3: I'm interested to hear why this idea with the LNG

663
00:31:25,800 --> 00:31:27,880
Speaker 3: is stupid. We know you love coal. It's not a

664
00:31:27,920 --> 00:31:31,680
Speaker 3: coal versus gas thing. At a billion dollars an import

665
00:31:31,720 --> 00:31:34,280
Speaker 3: facility is at the very very high end of what

666
00:31:34,320 --> 00:31:36,400
Speaker 3: we were expecting. There was a report that was commissioned,

667
00:31:36,440 --> 00:31:40,280
Speaker 3: I think it was last year, and it estimated that

668
00:31:40,800 --> 00:31:42,560
Speaker 3: to build one of these facilities would be somewhere in

669
00:31:42,560 --> 00:31:45,800
Speaker 3: the vicinity of two hundred million to a billion. We've

670
00:31:45,800 --> 00:31:48,120
Speaker 3: now heard it's north of a billion, so it is

671
00:31:48,360 --> 00:31:51,120
Speaker 3: far more expensive than any of us were expecting. The

672
00:31:51,200 --> 00:31:54,200
Speaker 3: problem that we have with this gas is it's very

673
00:31:54,320 --> 00:31:57,560
Speaker 3: very expensive, right bringing an LNG is very expensive. This

674
00:31:57,640 --> 00:32:01,280
Speaker 3: stuff sells for about twenty to twenty one dollars per

675
00:32:01,320 --> 00:32:04,400
Speaker 3: gigdule gas At the moment. Natural gas in New Zealand

676
00:32:04,520 --> 00:32:07,440
Speaker 3: is eight to ten dollars per gigadeel, so it's twice

677
00:32:07,480 --> 00:32:09,280
Speaker 3: the price. So this idea that it's going to bring

678
00:32:09,320 --> 00:32:11,960
Speaker 3: down your gas bill and smooth out spikes, well, I

679
00:32:11,960 --> 00:32:13,800
Speaker 3: don't know how much of us like, only if things

680
00:32:13,840 --> 00:32:17,320
Speaker 3: are spiking to ridiculous levels, is going to smooth it out?

681
00:32:17,600 --> 00:32:20,120
Speaker 3: Plus a dollar a week that you're saving. I mean, honestly,

682
00:32:20,200 --> 00:32:22,400
Speaker 3: is that even worth worrying about? I just want for

683
00:32:22,480 --> 00:32:26,680
Speaker 3: a billion dollars? And also, by the way, meth and

684
00:32:26,920 --> 00:32:29,360
Speaker 3: X is slated to close, apparently going to close if

685
00:32:29,400 --> 00:32:33,160
Speaker 3: you listen to industry rumors, possibly around about December this year.

686
00:32:33,400 --> 00:32:35,960
Speaker 3: What happens if methanex stops burning all that natural gas?

687
00:32:36,000 --> 00:32:37,400
Speaker 3: What do you think happens to the natural gas? It's

688
00:32:37,440 --> 00:32:39,400
Speaker 3: coming to you, honey, and it's coming cheap, so then

689
00:32:39,440 --> 00:32:41,480
Speaker 3: you don't need to import the stuff, do you? The

690
00:32:41,480 --> 00:32:44,120
Speaker 3: alernger anyway, son and watch he knows more than I do,

691
00:32:44,240 --> 00:32:45,960
Speaker 3: so we'll ask him about that when he's with us shortly.

692
00:32:46,000 --> 00:32:48,040
Speaker 3: He's the minister. And also we're heading to court to

693
00:32:48,040 --> 00:32:50,360
Speaker 3: find out what is going on with the Sprinton Tarrent appeal.

694
00:32:50,440 --> 00:32:55,240
Speaker 3: Next news took se f feet Oh you set my

695
00:32:55,360 --> 00:32:56,560
Speaker 3: heart on the feeder.

696
00:32:57,800 --> 00:33:04,080
Speaker 1: Oh the only drive show. You can try the truck

697
00:33:04,160 --> 00:33:07,000
Speaker 1: to ask the questions, you get the answers, find a

698
00:33:07,080 --> 00:33:08,000
Speaker 1: fact sack.

699
00:33:07,920 --> 00:33:09,800
Speaker 4: And give the analysis.

700
00:33:10,120 --> 00:33:13,440
Speaker 1: Here the duplicy Ellen Drive with One New Zealand and

701
00:33:13,520 --> 00:33:16,360
Speaker 1: the power of satellite Mobile, News Dog said.

702
00:33:16,200 --> 00:33:20,280
Speaker 3: The afternoon, the christ Church mosk attacker is blaming his

703
00:33:20,360 --> 00:33:23,200
Speaker 3: mental health for pleading guilty. He's in court seeking leave

704
00:33:23,240 --> 00:33:25,840
Speaker 3: to appeal his conviction. He's arguing that his mental health

705
00:33:25,880 --> 00:33:28,600
Speaker 3: deteriorated after he was jailed and that he was forced

706
00:33:29,000 --> 00:33:32,000
Speaker 3: to plead guilty. Emily Ansel has been following developments at

707
00:33:32,040 --> 00:33:35,320
Speaker 3: the Court of Appeal and is with us now. Hi Emily, Hello, Okay,

708
00:33:35,400 --> 00:33:37,080
Speaker 3: what have we learned from today's hearing?

709
00:33:38,280 --> 00:33:40,560
Speaker 20: So I guess the main takeaways were sort of him

710
00:33:40,640 --> 00:33:43,960
Speaker 20: reiterating what he had been complaining about. So the Marchessting

711
00:33:44,080 --> 00:33:46,480
Speaker 20: terrorist has told the Court of Appeal he was essentially,

712
00:33:46,480 --> 00:33:49,480
Speaker 20: as you say, forced into this guilty plea due to

713
00:33:49,480 --> 00:33:52,800
Speaker 20: prison conditions. So he's reference to his solitary confinement. The

714
00:33:52,880 --> 00:33:56,000
Speaker 20: twenty four seven observations, the lack of reading materials was

715
00:33:56,000 --> 00:33:59,160
Speaker 20: a focus at this morning, is contributing to a decline

716
00:33:59,240 --> 00:34:01,520
Speaker 20: in his house. So he also mentioned he thought guards

717
00:34:01,520 --> 00:34:04,000
Speaker 20: were playing mind games with him and telling him they

718
00:34:04,040 --> 00:34:05,920
Speaker 20: couldn't understand what he was saying. So all of this,

719
00:34:06,000 --> 00:34:08,800
Speaker 20: he says, led to something of an identity crisis. Didn't

720
00:34:08,800 --> 00:34:11,120
Speaker 20: know what his views were, didn't know what his ideals

721
00:34:11,200 --> 00:34:14,839
Speaker 20: or decisions he should be making. He also noted any

722
00:34:14,880 --> 00:34:17,759
Speaker 20: remorse he felt was irrational as a result, and so

723
00:34:18,120 --> 00:34:22,000
Speaker 20: as a result as well, he could only therefore, you know,

724
00:34:23,719 --> 00:34:26,360
Speaker 20: put forward this guilty plea, as that was his only option.

725
00:34:27,520 --> 00:34:28,480
Speaker 3: How did he appear?

726
00:34:30,520 --> 00:34:33,880
Speaker 20: He looked quite different to how we have seen him previously.

727
00:34:33,920 --> 00:34:36,040
Speaker 20: A few of us actually didn't recognize him initially. He

728
00:34:36,160 --> 00:34:40,120
Speaker 20: was articulate and responsive. He was wearing a white shirt,

729
00:34:40,280 --> 00:34:43,279
Speaker 20: dark rimmed glasses. He looked trimmer than he had been,

730
00:34:43,320 --> 00:34:46,680
Speaker 20: and he also shaved his head. So he, you know,

731
00:34:46,760 --> 00:34:48,799
Speaker 20: put up a good a good appearance in that way.

732
00:34:48,920 --> 00:34:50,680
Speaker 3: Okay, what does it actually mean that he's seeking leave

733
00:34:50,719 --> 00:34:51,200
Speaker 3: to appeal?

734
00:34:52,840 --> 00:34:55,600
Speaker 20: So in New Zealand, in criminal cases, a person's sentence

735
00:34:55,600 --> 00:34:58,439
Speaker 20: in the High Court generally has about twenty working days

736
00:34:58,440 --> 00:35:02,479
Speaker 20: to file an appeal. He put his application for much

737
00:35:02,560 --> 00:35:06,360
Speaker 20: later than that, so now he is able to request

738
00:35:06,960 --> 00:35:09,879
Speaker 20: that the court grant leave to appeal out of time.

739
00:35:10,200 --> 00:35:12,400
Speaker 20: So he has to explain the delay and show this

740
00:35:12,480 --> 00:35:15,719
Speaker 20: an arguable case. And in his explanation he's told the court,

741
00:35:17,000 --> 00:35:21,040
Speaker 20: you know, multi fastened, multifaceted reasonings. He says he didn't

742
00:35:21,080 --> 00:35:23,840
Speaker 20: want to make such an important decision without Gatson knowledge.

743
00:35:23,840 --> 00:35:26,880
Speaker 20: He was awaiting key information such as the Royal Commission

744
00:35:26,880 --> 00:35:28,680
Speaker 20: of Inquiry report, which he had to wait over a

745
00:35:28,760 --> 00:35:31,719
Speaker 20: year for, and he wanted this and other bits of

746
00:35:31,719 --> 00:35:34,880
Speaker 20: information before making any legal decisions. He also wanted to

747
00:35:34,920 --> 00:35:38,239
Speaker 20: wait until he was of sound mental state compared to

748
00:35:38,400 --> 00:35:40,640
Speaker 20: how he claims to have been during the time he

749
00:35:40,680 --> 00:35:41,360
Speaker 20: pleaded guilty.

750
00:35:41,400 --> 00:35:43,280
Speaker 3: All right, how much longer togo in this hearing?

751
00:35:44,600 --> 00:35:47,640
Speaker 20: So this hearing is set out for five days, including today,

752
00:35:47,640 --> 00:35:50,280
Speaker 20: So this will go all the way through until Friday,

753
00:35:50,320 --> 00:35:52,600
Speaker 20: at least that's what's penciled in. But the outcome will

754
00:35:52,640 --> 00:35:54,239
Speaker 20: likely be one we have to wait for as the

755
00:35:54,440 --> 00:35:57,520
Speaker 20: judges are expected to reserve their decision.

756
00:35:57,160 --> 00:35:59,239
Speaker 3: For a while. Emily, thanks very much, appreciate it. Emily

757
00:35:59,239 --> 00:36:01,719
Speaker 3: Ansel Newstalks Be reporter who was in court today e

758
00:36:01,800 --> 00:36:02,800
Speaker 3: ten past five.

759
00:36:03,080 --> 00:36:04,480
Speaker 4: Heather due for cels.

760
00:36:04,520 --> 00:36:06,760
Speaker 3: So the government's announced that it's going ahead with building

761
00:36:06,800 --> 00:36:10,120
Speaker 3: an LNG import facility. It'll cost north of a billion

762
00:36:10,200 --> 00:36:12,680
Speaker 3: dollars and hopefully be set up in Taranaki by next

763
00:36:12,760 --> 00:36:14,840
Speaker 3: year or early twenty twenty eight. Simon, what's is the

764
00:36:14,960 --> 00:36:15,480
Speaker 3: Energy Minister?

765
00:36:15,520 --> 00:36:18,440
Speaker 21: High Simon, very good afternoon, Heather.

766
00:36:18,400 --> 00:36:19,520
Speaker 3: Right, sell this idea to me.

767
00:36:20,640 --> 00:36:22,920
Speaker 21: Well, Heather, we had a major price shock in the

768
00:36:23,000 --> 00:36:25,239
Speaker 21: energy market in twenty four that's because we didn't have

769
00:36:25,440 --> 00:36:29,480
Speaker 21: enough gas in New Zealand. We've got dilated supplies here domestically,

770
00:36:29,640 --> 00:36:31,719
Speaker 21: so we need the ability to import it. That's what

771
00:36:31,719 --> 00:36:34,160
Speaker 21: we're looking to build, and Cabinet's given me the definitive

772
00:36:34,600 --> 00:36:37,640
Speaker 21: decision to get on in contract to get an importation

773
00:36:37,719 --> 00:36:40,960
Speaker 21: facility built. That'll take the risk and put certainty back

774
00:36:41,000 --> 00:36:42,520
Speaker 21: in to make sure we do have gas in a

775
00:36:42,600 --> 00:36:47,120
Speaker 21: dry year and with that that provides benefits to the

776
00:36:47,160 --> 00:36:49,520
Speaker 21: broader country and also underpins economic growth.

777
00:36:49,640 --> 00:36:51,760
Speaker 3: Okay, how much are you going to levy each household

778
00:36:51,840 --> 00:36:52,560
Speaker 3: to pay for this thing?

779
00:36:53,880 --> 00:36:55,840
Speaker 21: So the levy rate is going to be in the

780
00:36:55,880 --> 00:36:58,319
Speaker 21: region of two to four dollars per mega What hour

781
00:36:58,640 --> 00:37:02,320
Speaker 21: in regards to how sold impacts of that? Have you

782
00:37:02,400 --> 00:37:05,120
Speaker 21: taken into account the costs and benefits which is based

783
00:37:05,160 --> 00:37:07,920
Speaker 21: on the advice that I've given, it's equivalent to roughly

784
00:37:07,960 --> 00:37:10,920
Speaker 21: fifty dollars per household. The reality is is that some

785
00:37:11,000 --> 00:37:14,400
Speaker 21: of that benefit would be flowing to business, commercial and

786
00:37:14,440 --> 00:37:16,360
Speaker 21: industrial users as well as households.

787
00:37:16,360 --> 00:37:18,719
Speaker 3: But it's going to have an abrog're looking it. So

788
00:37:18,719 --> 00:37:20,880
Speaker 3: it's going to cost fifty dollars per year.

789
00:37:21,400 --> 00:37:22,840
Speaker 21: No net benefit.

790
00:37:23,360 --> 00:37:26,840
Speaker 3: Our first goingness save benefit of total.

791
00:37:26,640 --> 00:37:30,440
Speaker 21: Yes, total benefit at an economy level of two hundred

792
00:37:30,480 --> 00:37:32,200
Speaker 21: and sixty five million dollars.

793
00:37:31,920 --> 00:37:33,560
Speaker 3: Per So I just want to understand this. So is

794
00:37:33,600 --> 00:37:35,959
Speaker 3: this basically the saving that we would make from using

795
00:37:36,000 --> 00:37:40,319
Speaker 3: the LNG and then minus the levy we're paying, we're

796
00:37:40,400 --> 00:37:42,200
Speaker 3: left with the net benefit of fifty bucks a year.

797
00:37:43,040 --> 00:37:46,080
Speaker 21: It is the savings that officials have indicated we will

798
00:37:46,080 --> 00:37:49,560
Speaker 21: see in terms of a reduction of electricity prices in

799
00:37:49,600 --> 00:37:52,920
Speaker 21: New Zealand, less the levee that we will charge to

800
00:37:53,160 --> 00:37:56,040
Speaker 21: in effect build and operate this importation facility.

801
00:37:56,200 --> 00:37:58,759
Speaker 3: Okay, tell me if my figures are correct. I've read

802
00:37:58,800 --> 00:38:01,239
Speaker 3: that the cost of al enge g LNG sells it

803
00:38:01,320 --> 00:38:04,600
Speaker 3: around twenty to twenty one dollars per gigadule, whereas natural

804
00:38:04,600 --> 00:38:06,480
Speaker 3: gas in this country is currently selling at eight to

805
00:38:06,560 --> 00:38:10,840
Speaker 3: ten dollars per gigadul. Is that correct, That's in the broad.

806
00:38:10,719 --> 00:38:13,000
Speaker 21: Range, but there is a significant.

807
00:38:13,040 --> 00:38:15,160
Speaker 3: Well, how are you going to spid a global mark?

808
00:38:15,320 --> 00:38:19,000
Speaker 3: How do we smooth out price shocks by bringing something

809
00:38:19,040 --> 00:38:21,720
Speaker 3: into the country that's more expensive than what we're paying

810
00:38:21,800 --> 00:38:22,920
Speaker 3: for in the country.

811
00:38:23,680 --> 00:38:26,160
Speaker 21: Well, under the status quo, our problem is we do

812
00:38:26,239 --> 00:38:29,319
Speaker 21: not have the fuel to be able to make electricity.

813
00:38:29,360 --> 00:38:30,440
Speaker 21: We do not have the fuel.

814
00:38:30,760 --> 00:38:33,719
Speaker 3: Will Methodics, but will Methodics closing at the end of

815
00:38:33,760 --> 00:38:35,959
Speaker 3: the year as is rumored, not free up a whole

816
00:38:36,040 --> 00:38:39,920
Speaker 3: bunch of gas coming out of Mai, thereby still plan redundant.

817
00:38:41,000 --> 00:38:45,320
Speaker 21: No, that's not correct. Any predicated closure of Methodics would

818
00:38:45,320 --> 00:38:47,520
Speaker 21: be based on the fact that there is not sufficient

819
00:38:47,600 --> 00:38:48,600
Speaker 21: gas for it to operate.

820
00:38:48,719 --> 00:38:52,319
Speaker 3: So add an industrial in the country. So I'm an

821
00:38:52,360 --> 00:38:56,239
Speaker 3: at an industrial level, We don't. We're just residential users.

822
00:38:56,360 --> 00:38:58,560
Speaker 3: We just use a little bit and what's remaining can

823
00:38:58,560 --> 00:38:59,600
Speaker 3: go to commercial users.

824
00:39:00,280 --> 00:39:03,000
Speaker 21: What New Zealand needs is certainty of the ability to

825
00:39:03,040 --> 00:39:06,680
Speaker 21: obtain gas into the decades ahead, and that's what an

826
00:39:06,680 --> 00:39:10,520
Speaker 21: importation facility will do certainty over multi decades. That's what

827
00:39:10,560 --> 00:39:13,400
Speaker 21: we needed. Stability and knowing that we can get that

828
00:39:13,480 --> 00:39:15,440
Speaker 21: fuel should we have it in a dry year, we've

829
00:39:15,480 --> 00:39:18,160
Speaker 21: got an insurance policy and effect and under the status

830
00:39:18,239 --> 00:39:20,040
Speaker 21: quad if you think about what we've got today, we

831
00:39:20,080 --> 00:39:22,000
Speaker 21: do not have that. And this is going to be

832
00:39:22,000 --> 00:39:25,359
Speaker 21: in play by winter twenty seven early twenty eight. That's

833
00:39:25,360 --> 00:39:28,040
Speaker 21: pretty fast in terms of getting stuff done in this country.

834
00:39:28,520 --> 00:39:30,520
Speaker 21: But you know the certainty that that will give based

835
00:39:30,520 --> 00:39:33,600
Speaker 21: on the official advices. You know the benefits exceed the costs,

836
00:39:33,680 --> 00:39:35,440
Speaker 21: so that's important for energy security.

837
00:39:35,600 --> 00:39:37,480
Speaker 3: You do accept though that what you're doing is more

838
00:39:37,520 --> 00:39:40,520
Speaker 3: expensive than what we're paying already a one country.

839
00:39:40,560 --> 00:39:43,279
Speaker 21: What I accept is is at the moment I don't

840
00:39:43,320 --> 00:39:47,440
Speaker 21: have any ability to get fuel domestically to cover a

841
00:39:47,520 --> 00:39:49,800
Speaker 21: dry year, and that's why we need the ability to import.

842
00:39:49,880 --> 00:39:52,040
Speaker 21: This is going to give more certainty, more fuel, more

843
00:39:52,120 --> 00:39:56,520
Speaker 21: electricity security, and therefore that'll have downward pressure on overarching

844
00:39:56,560 --> 00:39:58,800
Speaker 21: price and that's good for business, it's good for households,

845
00:39:58,840 --> 00:39:59,160
Speaker 21: all right.

846
00:39:59,200 --> 00:40:01,280
Speaker 3: So I mean, thank you for time, appreciate it as always.

847
00:40:01,280 --> 00:40:04,000
Speaker 3: Simon Watt's Energy Minister fourteen past five.

848
00:40:03,840 --> 00:40:05,640
Speaker 4: What hever do psy Allen on.

849
00:40:05,640 --> 00:40:08,319
Speaker 3: The Wellington sewage situation. There's a meeting tonight between the

850
00:40:08,360 --> 00:40:11,120
Speaker 3: Mayor of Wellington, Andrew Little and the Prime Minister Chris Luxon.

851
00:40:11,680 --> 00:40:14,640
Speaker 3: Little wants a ministerial inquiry into how this has happened

852
00:40:14,680 --> 00:40:16,800
Speaker 3: Downe at More Point in Wellington. He reckons there's a

853
00:40:16,880 --> 00:40:20,160
Speaker 3: large public interest in the failure, which meets the level

854
00:40:20,160 --> 00:40:22,560
Speaker 3: of a government inquiry. He says, given the range of

855
00:40:22,560 --> 00:40:24,920
Speaker 3: parties involved, like just given the sheer number of people

856
00:40:24,920 --> 00:40:27,640
Speaker 3: who are involved here and organizations, in order to have

857
00:40:27,680 --> 00:40:31,600
Speaker 3: a genuinely cohesive, independent review, I think a ministerial inquiry

858
00:40:31,719 --> 00:40:33,520
Speaker 3: is needed. Now. I would tend to agree with him

859
00:40:33,560 --> 00:40:36,880
Speaker 3: on this. I think it probably does warrant that if only,

860
00:40:37,239 --> 00:40:39,640
Speaker 3: I think to warn others, whether they're the councils or

861
00:40:39,680 --> 00:40:42,160
Speaker 3: the people that the councils pay to do the work,

862
00:40:42,200 --> 00:40:44,799
Speaker 3: the cleanup work, like Veolia in this case, to warn

863
00:40:44,840 --> 00:40:48,200
Speaker 3: them to buck up their ideas. Otherwise if they do not,

864
00:40:48,280 --> 00:40:50,879
Speaker 3: and if they let things like this happen, which is disgraceful,

865
00:40:51,160 --> 00:40:53,359
Speaker 3: then they will be publicly shamed. So I think there

866
00:40:53,400 --> 00:40:54,719
Speaker 3: might be a case for it, but we'll have a

867
00:40:54,800 --> 00:40:56,799
Speaker 3: chat to Nicola Willis after six o'clock and see whether

868
00:40:56,840 --> 00:41:00,279
Speaker 3: she's on board with that. It's quarter past five. Hither

869
00:41:00,280 --> 00:41:01,799
Speaker 3: what Labour and the Greens did to the oil and

870
00:41:01,840 --> 00:41:03,640
Speaker 3: gas in this country should be criminal to people to

871
00:41:03,640 --> 00:41:06,560
Speaker 3: front a public inquiry unbelievable. Arrians probably don't need a

872
00:41:06,560 --> 00:41:08,680
Speaker 3: public inquiry given that we're seeing it play out in

873
00:41:08,719 --> 00:41:12,080
Speaker 3: real time. Ban the oil and gas exploration start importing

874
00:41:12,080 --> 00:41:15,200
Speaker 3: it instead. Pretty mental? Eighteen past five. Now do you

875
00:41:15,280 --> 00:41:18,640
Speaker 3: think touch typing should be taught in schools? It turns

876
00:41:18,640 --> 00:41:21,759
Speaker 3: out the Education Minister Erica Stanford considered putting the touch

877
00:41:21,800 --> 00:41:24,719
Speaker 3: typing in the school curriculum last year. She asked NZQA

878
00:41:25,239 --> 00:41:27,160
Speaker 3: where the pupils need to learn this in order to

879
00:41:27,160 --> 00:41:29,680
Speaker 3: be ready for online assessments. The idea seems to have

880
00:41:29,760 --> 00:41:32,560
Speaker 3: gone nowhere. Steve McCracken is the chair of the Secondary

881
00:41:32,560 --> 00:41:33,719
Speaker 3: Principles Counsel and with us.

882
00:41:33,760 --> 00:41:36,080
Speaker 12: Hi, Steve, good afternoon, Heather.

883
00:41:36,200 --> 00:41:37,240
Speaker 3: Do you think it's necessary?

884
00:41:38,440 --> 00:41:39,120
Speaker 12: Look, there's no.

885
00:41:39,040 --> 00:41:41,520
Speaker 22: Doubt that a person who can touch type and type

886
00:41:41,600 --> 00:41:44,800
Speaker 22: as an advantage over those who are not as competent

887
00:41:44,840 --> 00:41:47,919
Speaker 22: on the keyboards as others are. So look, there's pros

888
00:41:47,960 --> 00:41:50,719
Speaker 22: and cons both ways, right, But from my perspective, I

889
00:41:50,760 --> 00:41:54,600
Speaker 22: think that teaching the digital fluency is much better for

890
00:41:54,640 --> 00:41:55,320
Speaker 22: our young.

891
00:41:55,120 --> 00:41:57,719
Speaker 12: People than did just what I grew up with. In

892
00:41:57,800 --> 00:42:00,080
Speaker 12: terms of touch typing or finger typing.

893
00:42:01,400 --> 00:42:03,839
Speaker 3: Do you go for the et finger just the one finger,

894
00:42:03,920 --> 00:42:05,200
Speaker 3: or do you go for the t rex with the

895
00:42:05,239 --> 00:42:06,120
Speaker 3: two on each hand?

896
00:42:06,880 --> 00:42:08,400
Speaker 12: It depends on the mood I'm in, heather, to be

897
00:42:08,400 --> 00:42:09,440
Speaker 12: completely honest.

898
00:42:09,640 --> 00:42:12,719
Speaker 3: Okay, go all down to maybe get three in four? Hey,

899
00:42:13,120 --> 00:42:14,920
Speaker 3: how does it take do you think to teach it?

900
00:42:15,040 --> 00:42:16,799
Speaker 3: I mean, I can't imagine it's that hard to teach

901
00:42:16,800 --> 00:42:18,200
Speaker 3: a kid how to touch it up? Must take what

902
00:42:18,360 --> 00:42:19,279
Speaker 3: like one term?

903
00:42:20,160 --> 00:42:21,720
Speaker 12: Yeah, I wouldn't know the exact details.

904
00:42:21,719 --> 00:42:23,920
Speaker 22: And of course each person learns at a different pace and

905
00:42:24,560 --> 00:42:27,000
Speaker 22: appearance that I've been speaking to in our particular school,

906
00:42:27,040 --> 00:42:30,600
Speaker 22: with some of even engage in online learning through YouTube

907
00:42:30,640 --> 00:42:32,879
Speaker 22: and things like that, where they've put them out their kids,

908
00:42:32,920 --> 00:42:36,080
Speaker 22: through their own kids, through the respective courses and things

909
00:42:36,160 --> 00:42:39,560
Speaker 22: and just sped things up. But yeah, young people these

910
00:42:39,640 --> 00:42:42,960
Speaker 22: days are far more digitally native, I suppose, and in

911
00:42:43,040 --> 00:42:43,480
Speaker 22: terms of.

912
00:42:43,440 --> 00:42:47,120
Speaker 12: That rather than just the old keyboard warrior like I am.

913
00:42:47,440 --> 00:42:49,879
Speaker 3: Do you think Okay, So, assuming let's say a couple

914
00:42:49,920 --> 00:42:51,880
Speaker 3: of these kids go into one of the online assessments

915
00:42:51,920 --> 00:42:55,720
Speaker 3: later in school year eleven, year twelve, year thirteen, whatever,

916
00:42:55,880 --> 00:42:57,600
Speaker 3: and they have to type out an exam and one

917
00:42:57,600 --> 00:42:59,279
Speaker 3: of them is doing the t rex fingers and the

918
00:42:59,280 --> 00:43:01,439
Speaker 3: other one is doing the touch typing. Would the one

919
00:43:01,480 --> 00:43:04,319
Speaker 3: doing the t rex fingers genuinely be at a disadvantage

920
00:43:04,320 --> 00:43:06,520
Speaker 3: and be unable to complete their exam? Do you think

921
00:43:06,600 --> 00:43:07,960
Speaker 3: because they can't touch type.

922
00:43:08,680 --> 00:43:10,000
Speaker 12: I think they're at a disadvantage.

923
00:43:10,000 --> 00:43:14,040
Speaker 22: And anybody who's sat exams knows the precious situations and

924
00:43:14,080 --> 00:43:16,640
Speaker 22: you're trying to get your ideas down really quickly, and

925
00:43:17,320 --> 00:43:19,799
Speaker 22: having that ability to type would be an advantage to

926
00:43:20,239 --> 00:43:21,479
Speaker 22: compared to someone who can't type.

927
00:43:21,520 --> 00:43:23,640
Speaker 3: Yeah, yeah, But what does it displace if we start

928
00:43:23,680 --> 00:43:25,520
Speaker 3: teaching it as part of the curriculum. What are we

929
00:43:25,560 --> 00:43:27,719
Speaker 3: taking out of school learning to make place for this.

930
00:43:28,960 --> 00:43:29,680
Speaker 12: Darn good question.

931
00:43:29,760 --> 00:43:32,680
Speaker 22: The curriculum is pretty full already, and you know, that's

932
00:43:32,719 --> 00:43:35,960
Speaker 22: why it could possibly be part of the digital fluency

933
00:43:35,960 --> 00:43:39,560
Speaker 22: and digital literacy that has been potentially coming into the

934
00:43:39,560 --> 00:43:43,080
Speaker 22: curriculum areas. But yeah, it's one skill in terms of

935
00:43:43,680 --> 00:43:46,160
Speaker 22: being able to type compared to the whole range of

936
00:43:46,160 --> 00:43:49,719
Speaker 22: being able to use technology and things like artificial intelligence

937
00:43:49,719 --> 00:43:51,200
Speaker 22: to the student's advantage.

938
00:43:51,280 --> 00:43:53,520
Speaker 3: Good stuff. Hey, thank you very much, Steve, really appreciate

939
00:43:53,520 --> 00:43:56,680
Speaker 3: you talking us through it. Heather Steph McCracken, Secondary Principles

940
00:43:56,680 --> 00:43:59,319
Speaker 3: Council Chair, Hither this gas importing announcement is another half

941
00:43:59,360 --> 00:44:02,120
Speaker 3: thought out play by the government. Really, it really is.

942
00:44:02,600 --> 00:44:05,120
Speaker 3: What this is my prediction on it. I think I

943
00:44:05,160 --> 00:44:07,680
Speaker 3: would not be surprised if a bunch of people just

944
00:44:07,719 --> 00:44:10,840
Speaker 3: line up now to sort of very gently because obviously

945
00:44:10,840 --> 00:44:12,360
Speaker 3: it's a government in its first term and so you

946
00:44:12,400 --> 00:44:14,200
Speaker 3: don't want to if you're in the business community, you

947
00:44:14,239 --> 00:44:17,960
Speaker 3: don't want to really annoy them too much. So I

948
00:44:18,000 --> 00:44:21,799
Speaker 3: think just very gently kind of go NA. Not a

949
00:44:21,840 --> 00:44:24,080
Speaker 3: great idea, just watch. I just I suspect that that's

950
00:44:24,120 --> 00:44:26,880
Speaker 3: going to happen because it's it doesn't seem the smartest

951
00:44:26,920 --> 00:44:28,200
Speaker 3: idea in the world. Five to twenty one.

952
00:44:29,520 --> 00:44:31,640
Speaker 4: Cutting through the noise to get the facts.

953
00:44:31,800 --> 00:44:34,759
Speaker 1: It's Heather do for cy Ellen Drive with One New

954
00:44:34,840 --> 00:44:37,839
Speaker 1: Zealand coverage like no one else news talks.

955
00:44:37,880 --> 00:44:40,400
Speaker 3: There'd be if you have been following the story of

956
00:44:40,440 --> 00:44:43,800
Speaker 3: the Provincial Growth Funds since Jacinda and Winston set it

957
00:44:43,880 --> 00:44:46,440
Speaker 3: up in Shane set it up in twenty seventeen. You

958
00:44:46,480 --> 00:44:49,719
Speaker 3: won't be completely surprised to hear that a lot of

959
00:44:49,719 --> 00:44:51,359
Speaker 3: the money is not going to be paid back. By

960
00:44:51,360 --> 00:44:53,560
Speaker 3: the looks of things anyway, it's a lot of money.

961
00:44:53,680 --> 00:44:56,200
Speaker 3: We'll get to the bottom of it with the Taxpayers Union,

962
00:44:56,239 --> 00:44:57,799
Speaker 3: who are going to be with us in about ten

963
00:44:57,800 --> 00:44:59,759
Speaker 3: minutes time. It's twenty four past five. Here's a question

964
00:44:59,760 --> 00:45:02,440
Speaker 3: for you. How much time did you spend on Friday

965
00:45:02,440 --> 00:45:04,960
Speaker 3: thinking about the significance of the day, the signing of

966
00:45:05,000 --> 00:45:06,640
Speaker 3: the Treaty of White Tungy, what it means to be

967
00:45:06,680 --> 00:45:09,560
Speaker 3: in New Zealand, or anything like that. I would venture

968
00:45:09,800 --> 00:45:12,160
Speaker 3: that most of us hardly gave it a thought. In fact,

969
00:45:12,280 --> 00:45:14,400
Speaker 3: we as a family were driving down the motorway out

970
00:45:14,400 --> 00:45:17,120
Speaker 3: of Auckland on Friday, and on one of the over bridges,

971
00:45:17,160 --> 00:45:19,239
Speaker 3: I want to say it was around Takanini, there was

972
00:45:19,239 --> 00:45:21,600
Speaker 3: a group flying the Tennel flag and they also had

973
00:45:21,640 --> 00:45:23,520
Speaker 3: the Rusta flag up there, and so I looked up.

974
00:45:23,520 --> 00:45:24,799
Speaker 3: I thought, I put it down to them just being

975
00:45:24,800 --> 00:45:26,719
Speaker 3: a bunch of Rustafarians out for a bit of a lark,

976
00:45:27,239 --> 00:45:30,440
Speaker 3: and it wasn't genuinely wasn't until this morning that all

977
00:45:30,480 --> 00:45:32,400
Speaker 3: of a sudden out of nowhere just went click.

978
00:45:32,480 --> 00:45:32,680
Speaker 12: Oh.

979
00:45:32,800 --> 00:45:34,719
Speaker 3: Of course it was White Tungy Day. That's why they

980
00:45:34,719 --> 00:45:37,239
Speaker 3: were out there. That is how little I thought about

981
00:45:37,280 --> 00:45:39,799
Speaker 3: White Tungy Day on White Tungy Day, even when the

982
00:45:39,840 --> 00:45:42,120
Speaker 3: evidence of it was in my face. Now i'd like

983
00:45:42,160 --> 00:45:43,920
Speaker 3: to suggest that this is not how things should be.

984
00:45:44,320 --> 00:45:46,160
Speaker 3: But it's like this because we are going about our

985
00:45:46,239 --> 00:45:48,840
Speaker 3: national day and completely the wrong way. It shouldn't be

986
00:45:49,000 --> 00:45:51,200
Speaker 3: like like it was this year, and most years all

987
00:45:51,200 --> 00:45:53,400
Speaker 3: about the yankst, about the moaning about how bad the

988
00:45:53,440 --> 00:45:55,920
Speaker 3: government is, about people fighting with each other in public.

989
00:45:56,239 --> 00:45:59,640
Speaker 3: This year it was the Maldi Party having therein fighting. Actually,

990
00:45:59,800 --> 00:46:02,920
Speaker 3: like Morris Williamson suggested last week on this show, we

991
00:46:02,960 --> 00:46:05,239
Speaker 3: could try celebrating it like the Aussies do, who have

992
00:46:05,320 --> 00:46:08,680
Speaker 3: mass citizenship ceremonies on the day and they announced their

993
00:46:08,719 --> 00:46:12,120
Speaker 3: Australian of the Year honors in remembrance of the day

994
00:46:12,120 --> 00:46:14,080
Speaker 3: to mark the day. We could celebrate it like the

995
00:46:14,120 --> 00:46:16,799
Speaker 3: Americans if we wanted to. They schedule basketball games or

996
00:46:16,840 --> 00:46:19,680
Speaker 3: baseball games or whatever it is that they're doing over there.

997
00:46:19,719 --> 00:46:23,359
Speaker 3: They have concerts, they hold parades, they let off fireworks.

998
00:46:23,680 --> 00:46:25,880
Speaker 3: Obviously in New Zealand, I don't think that we have

999
00:46:25,920 --> 00:46:29,200
Speaker 3: the money at the moment for an extravagance like fireworks

1000
00:46:29,280 --> 00:46:30,960
Speaker 3: up and down the country. I don't think we have

1001
00:46:31,000 --> 00:46:33,840
Speaker 3: the national appetite for wild patriotism. I don't think we

1002
00:46:33,880 --> 00:46:37,160
Speaker 3: ever will. But I also doubt that this government has

1003
00:46:37,160 --> 00:46:39,879
Speaker 3: the political capital to try to move anything away from

1004
00:46:39,920 --> 00:46:42,600
Speaker 3: why Toungy the location, given what's happened with the Treaty

1005
00:46:42,600 --> 00:46:46,279
Speaker 3: Principal's Bill. However, in the future, if someone or some

1006
00:46:46,400 --> 00:46:48,720
Speaker 3: government was brave enough, I'd be up for doing something

1007
00:46:48,719 --> 00:46:51,279
Speaker 3: away from White Toungy, wouldn't you. Maybe a sports game

1008
00:46:51,320 --> 00:46:53,799
Speaker 3: that we could all tune internationally, Maybe a list of

1009
00:46:53,800 --> 00:46:57,439
Speaker 3: honors or something to mark the day, anything that celebrates

1010
00:46:57,480 --> 00:47:00,319
Speaker 3: this country rather than dips back into angst, whether that

1011
00:47:00,360 --> 00:47:03,600
Speaker 3: answers historic or as it turns out this year.

1012
00:47:03,520 --> 00:47:06,760
Speaker 4: Fresh Heather dupers Allen hither.

1013
00:47:06,719 --> 00:47:11,680
Speaker 3: The Turning Point USA halftime entertainment was over sixteen million views. Now, well,

1014
00:47:11,719 --> 00:47:13,319
Speaker 3: it may well be that I'm not just not what

1015
00:47:13,360 --> 00:47:15,359
Speaker 3: I'm saying. I'm seeing that there was six point one

1016
00:47:15,400 --> 00:47:17,799
Speaker 3: million concurrent viewers. Now, if you don't know what I'm

1017
00:47:17,800 --> 00:47:20,680
Speaker 3: talking about, this is the Super Bowl halftime where everybody

1018
00:47:20,800 --> 00:47:23,319
Speaker 3: was so worked up about it being Bad Bunny that

1019
00:47:23,360 --> 00:47:25,680
Speaker 3: they decided this is turning point, Charlie Kirk's out, but

1020
00:47:25,760 --> 00:47:29,560
Speaker 3: they decided to put on an alternative halftime show featuring

1021
00:47:29,600 --> 00:47:35,080
Speaker 3: what was his name, ass it's a kid kid kid Rock.

1022
00:47:35,200 --> 00:47:38,800
Speaker 3: That's right. It was a name of something that. Yeah,

1023
00:47:38,840 --> 00:47:41,400
Speaker 3: he's quite a camp guy as well. Actually, when you

1024
00:47:41,440 --> 00:47:44,240
Speaker 3: think about it, Bad Bunny's camp kid Rockers camp anyway,

1025
00:47:44,640 --> 00:47:47,040
Speaker 3: so they decided to put that on. How first of all,

1026
00:47:47,160 --> 00:47:50,000
Speaker 3: number one, six million views, even if you said it

1027
00:47:50,040 --> 00:47:52,680
Speaker 3: was sixteen million views, does not come anywhere near to

1028
00:47:52,719 --> 00:47:55,160
Speaker 3: beating what the super Bowl was last year, which was

1029
00:47:55,160 --> 00:47:57,880
Speaker 3: somewhere in the vicinity of two hundred and eighty million views.

1030
00:47:58,120 --> 00:48:02,840
Speaker 3: So it's very very small bear. But also maybe by accident,

1031
00:48:03,000 --> 00:48:06,200
Speaker 3: maybe by design, Kid Rock did not start his performance

1032
00:48:06,280 --> 00:48:09,040
Speaker 3: until after Bad Bunny finished his performance, so you could

1033
00:48:09,040 --> 00:48:11,640
Speaker 3: get too for the price of one, which is if

1034
00:48:11,640 --> 00:48:14,080
Speaker 3: they planned that. I think very smart from them. Anyway,

1035
00:48:14,320 --> 00:48:16,200
Speaker 3: I'm going to have the huddle shortly, got triciuson and

1036
00:48:16,320 --> 00:48:19,400
Speaker 3: Josephcganne with us standby it Newses next.

1037
00:48:18,520 --> 00:48:27,760
Speaker 1: Little hard questions strong opinion here the duplicy Ellen drive

1038
00:48:28,080 --> 00:48:31,240
Speaker 1: with one New Zealand and the power of satellite Mobile

1039
00:48:31,480 --> 00:48:35,840
Speaker 1: News Dog said, be you know.

1040
00:48:38,160 --> 00:48:41,000
Speaker 3: Heather, I totally totally agree with celebrating a special New

1041
00:48:41,120 --> 00:48:43,880
Speaker 3: Zealand day, right, Well, maybe there's an audience out there

1042
00:48:43,920 --> 00:48:45,600
Speaker 3: for a future government brave enough to do it. Hey,

1043
00:48:45,600 --> 00:48:47,239
Speaker 3: Greg Fluran is going to be with us in an

1044
00:48:47,239 --> 00:48:49,400
Speaker 3: hour's time, because of course, if you'd be reading the

1045
00:48:49,400 --> 00:48:51,520
Speaker 3: international news, he's tipped to take over one of the

1046
00:48:51,640 --> 00:48:55,440
Speaker 3: big US retail giants, which is a fantastic This is

1047
00:48:55,480 --> 00:48:58,480
Speaker 3: his wheelhouse. He'll be stoked about that. And what a

1048
00:48:58,520 --> 00:49:00,640
Speaker 3: lovely save after having to deal with in New Zealand.

1049
00:49:00,680 --> 00:49:03,000
Speaker 3: A twenty girls are standing by for the huddle twenty

1050
00:49:03,000 --> 00:49:04,400
Speaker 3: five away from sex.

1051
00:49:05,120 --> 00:49:06,440
Speaker 4: Heaver dup see Allen.

1052
00:49:06,680 --> 00:49:08,279
Speaker 3: It looks like a lot of the tax pay money

1053
00:49:08,280 --> 00:49:11,160
Speaker 3: that's gone into Shane Jones's various provincial growth funds may

1054
00:49:11,160 --> 00:49:13,800
Speaker 3: be gone forever. The entity that lends money out for

1055
00:49:13,840 --> 00:49:15,880
Speaker 3: the Provincial Growth Fund in the new version, which is

1056
00:49:15,880 --> 00:49:19,279
Speaker 3: called the Regional Infrastructure Fund, worries that more than half

1057
00:49:19,320 --> 00:49:21,239
Speaker 3: of its loan book is either in default or at

1058
00:49:21,320 --> 00:49:23,160
Speaker 3: risk of going into default. The loan book is worth

1059
00:49:23,160 --> 00:49:25,879
Speaker 3: four hundred and thirty three million dollars in total. Shane

1060
00:49:25,960 --> 00:49:27,799
Speaker 3: Jones is the Minister Responsible and with us now.

1061
00:49:27,800 --> 00:49:30,800
Speaker 6: Hi Shane, good afternoon, folks.

1062
00:49:31,239 --> 00:49:33,319
Speaker 3: Doesn't this prove we shouldn't put money into things that

1063
00:49:33,320 --> 00:49:34,800
Speaker 3: commercial businesses won't touch.

1064
00:49:35,880 --> 00:49:39,279
Speaker 6: Well, the first fact that's been overlooked here is of

1065
00:49:39,360 --> 00:49:42,960
Speaker 6: the four hundred and thirty three million, about twenty five

1066
00:49:43,080 --> 00:49:47,319
Speaker 6: million is in peril, not too different from what the

1067
00:49:47,400 --> 00:49:51,600
Speaker 6: commercial banks are dealing with as we speak at this moment.

1068
00:49:51,680 --> 00:49:54,839
Speaker 6: But your deeper question is should the Crown do any

1069
00:49:54,880 --> 00:49:57,520
Speaker 6: of this in any manner of form? You see, we

1070
00:49:57,560 --> 00:50:00,200
Speaker 6: belong to New Zealand first, and when Winston.

1071
00:50:00,120 --> 00:50:02,399
Speaker 3: Hold on Collagis changes. Before you move on though, you're

1072
00:50:02,440 --> 00:50:06,000
Speaker 3: talking about loan impairents impairments right, twenty eight million. But

1073
00:50:06,120 --> 00:50:08,800
Speaker 3: the notes now recorded that more than half of Crown

1074
00:50:09,000 --> 00:50:11,960
Speaker 3: Regional holdings four hundred and thirty three million dollar loan

1075
00:50:11,960 --> 00:50:15,680
Speaker 3: book is considered at risk of or currently is in default.

1076
00:50:16,920 --> 00:50:20,160
Speaker 6: So that is an accountancy treatment which is quite different

1077
00:50:20,320 --> 00:50:24,080
Speaker 6: than the actual amount of money that the officials have

1078
00:50:24,200 --> 00:50:27,600
Speaker 6: identified that may be impaired to such a state it

1079
00:50:27,640 --> 00:50:31,800
Speaker 6: has to be written off. So what the article refers

1080
00:50:31,840 --> 00:50:37,280
Speaker 6: to is a pretty sloppy analysis of what's actually happening

1081
00:50:37,320 --> 00:50:39,600
Speaker 6: on the ground. But I can't walk away from that.

1082
00:50:39,800 --> 00:50:42,200
Speaker 6: I can't change that. Do you want to deal with

1083
00:50:42,239 --> 00:50:44,480
Speaker 6: the fundamental question that you ask me as why as

1084
00:50:44,480 --> 00:50:47,799
Speaker 6: the crown during any of this? Yeah, Well, so when

1085
00:50:47,800 --> 00:50:50,280
Speaker 6: New Zealand first came and and formed the first government

1086
00:50:50,280 --> 00:50:53,279
Speaker 6: back in twenty and seventeen, we identify there are a

1087
00:50:53,280 --> 00:50:56,160
Speaker 6: bunch of areas around New Zealand, in regions where there

1088
00:50:56,160 --> 00:51:00,640
Speaker 6: will never be a market solution, whether it's a portugy

1089
00:51:01,400 --> 00:51:06,239
Speaker 6: constantly burdened by all sorts of dysfunctionalism. So we made

1090
00:51:06,239 --> 00:51:09,960
Speaker 6: a call, as a key part of why we're in politics,

1091
00:51:10,600 --> 00:51:13,680
Speaker 6: to ensure rather than the state just paying millions and

1092
00:51:13,760 --> 00:51:17,480
Speaker 6: millions of the toll, that we'd worked with local investors

1093
00:51:17,600 --> 00:51:22,320
Speaker 6: and create enterprises. Now those enterprises have endured through COVID,

1094
00:51:22,800 --> 00:51:24,560
Speaker 6: just as a whole lot of people have gone broke

1095
00:51:24,680 --> 00:51:28,000
Speaker 6: over the last couple of years. And we have worked

1096
00:51:28,040 --> 00:51:31,360
Speaker 6: with the investors, with the owners of these enterprises, and

1097
00:51:31,400 --> 00:51:34,400
Speaker 6: I think that given there's only ten percent according to

1098
00:51:34,400 --> 00:51:38,680
Speaker 6: my officials, that's genuinely appearil quite apart from accountancy standards,

1099
00:51:39,280 --> 00:51:43,720
Speaker 6: we shouldn't overlook Heather. New Zealand first sees a role

1100
00:51:44,400 --> 00:51:46,839
Speaker 6: for the state in this type of things. I mean,

1101
00:51:48,200 --> 00:51:50,800
Speaker 6: Cabinet just signed off on a significant amount of money

1102
00:51:50,840 --> 00:51:55,719
Speaker 6: going to a nuclear initiative led by a young physicist

1103
00:51:56,160 --> 00:51:59,279
Speaker 6: who wants to keep it. In New Zealand, we have

1104
00:51:59,520 --> 00:52:02,480
Speaker 6: just much not that long ago, committing one hundred and

1105
00:52:02,480 --> 00:52:06,320
Speaker 6: fifty million dollars with private enterprise to save the planet

1106
00:52:06,440 --> 00:52:09,760
Speaker 6: through some climate initiative of stopping the cows from belching.

1107
00:52:09,960 --> 00:52:12,360
Speaker 3: Okay, but so Shane do at the heart of this,

1108
00:52:12,520 --> 00:52:15,160
Speaker 3: what you're saying is that if you can see that

1109
00:52:15,200 --> 00:52:17,239
Speaker 3: business is going to fall over and communities are going

1110
00:52:17,280 --> 00:52:19,320
Speaker 3: to go on the doll you think it's worth basically

1111
00:52:19,400 --> 00:52:22,640
Speaker 3: subsidizing their employment in things that would not work in

1112
00:52:22,680 --> 00:52:24,520
Speaker 3: the market. You put some government money in so they

1113
00:52:24,600 --> 00:52:25,279
Speaker 3: stay and work.

1114
00:52:27,080 --> 00:52:30,959
Speaker 6: So the track record in New Zealand First has whether

1115
00:52:31,000 --> 00:52:36,200
Speaker 6: it's infrastructure in Coedo, whether it's building a wharf in

1116
00:52:36,280 --> 00:52:40,120
Speaker 6: a Podo Key, whether it's kiwifruit on Mildi Land, whether

1117
00:52:40,200 --> 00:52:43,520
Speaker 6: it's the vegetable growers in Gisbone. One of the key

1118
00:52:43,600 --> 00:52:47,200
Speaker 6: features of New Zealand First is ensuring those areas aren't

1119
00:52:47,719 --> 00:52:52,839
Speaker 6: bypassed or neglected because WESTPEC can't fit it into an.

1120
00:52:54,400 --> 00:52:57,080
Speaker 3: How long do you prop up small towns with government

1121
00:52:57,120 --> 00:53:00,000
Speaker 3: money instead of letting the market dictate that those businesses

1122
00:53:00,080 --> 00:53:01,640
Speaker 3: have to fall over and those people have to move

1123
00:53:01,680 --> 00:53:04,720
Speaker 3: to larger areas and find work there. How many decades,

1124
00:53:04,719 --> 00:53:06,000
Speaker 3: how many generations?

1125
00:53:06,440 --> 00:53:09,440
Speaker 6: And so you ask a fundamental question there, what sort

1126
00:53:09,480 --> 00:53:12,160
Speaker 6: of country do you want to run? Do you want

1127
00:53:12,200 --> 00:53:16,240
Speaker 6: everything turned into some sort of American rust belt where

1128
00:53:16,280 --> 00:53:20,600
Speaker 6: people have no hope for no future. New Zealand first exists,

1129
00:53:21,360 --> 00:53:25,080
Speaker 6: amongst other reasons, to ensure that all parts of the

1130
00:53:25,080 --> 00:53:28,239
Speaker 6: four winds of New Zealand have an opportunity and wear

1131
00:53:28,320 --> 00:53:30,480
Speaker 6: the crown. You remember, we're a four hundred and forty

1132
00:53:30,480 --> 00:53:33,720
Speaker 6: billion dollar economy and we're talking about twenty five million

1133
00:53:33,800 --> 00:53:36,120
Speaker 6: dollars and I think people need to put that into perspective.

1134
00:53:36,719 --> 00:53:38,600
Speaker 3: All right, Shane, thank you for coming on the show.

1135
00:53:38,640 --> 00:53:41,200
Speaker 3: It's wonderful to have you on and at such late notice.

1136
00:53:41,200 --> 00:53:44,600
Speaker 3: I appreciate it. Shane Jones, Minister responsible for those funds

1137
00:53:44,600 --> 00:53:46,399
Speaker 3: twenty away from Sex the.

1138
00:53:46,440 --> 00:53:49,719
Speaker 1: Huddle with New Zealand Southby's International Realty, a name you

1139
00:53:49,760 --> 00:53:51,800
Speaker 1: can trust locally and globally.

1140
00:53:51,880 --> 00:53:54,759
Speaker 3: Atra Shirson Shuson, Willis pr Jo Spaghani, CEO of Child

1141
00:53:54,800 --> 00:53:56,920
Speaker 3: Fund on the Huddles me this evening. Hi ladies, hllo,

1142
00:53:57,200 --> 00:53:59,520
Speaker 3: we weren't expecting Shane, so I will understand if you

1143
00:53:59,560 --> 00:54:04,320
Speaker 3: haven't thought through particularly well. But that sounded to me, Josie,

1144
00:54:04,440 --> 00:54:07,600
Speaker 3: very much like the same thing that has propelled Farage

1145
00:54:07,960 --> 00:54:11,000
Speaker 3: to high polling, Trump to victory is that same thing

1146
00:54:11,040 --> 00:54:13,839
Speaker 3: looking after the people that we would call the somewheres well,

1147
00:54:13,920 --> 00:54:17,839
Speaker 3: the leveling up right. So and look, Shane's right, what

1148
00:54:17,920 --> 00:54:19,759
Speaker 3: kind of country do we want? Do we want a

1149
00:54:19,800 --> 00:54:22,799
Speaker 3: country where everything has to go into Auckland and then

1150
00:54:22,840 --> 00:54:24,719
Speaker 3: a little bit into Wellington and then christ Church and

1151
00:54:24,760 --> 00:54:28,160
Speaker 3: maybe a bit to Dunedin when we've got I often

1152
00:54:28,160 --> 00:54:31,280
Speaker 3: think about it that you know gives people like places

1153
00:54:31,320 --> 00:54:34,360
Speaker 3: like Gisbon beautiful places, right, I mean they are to

1154
00:54:34,440 --> 00:54:38,480
Speaker 3: New Zealand as New Zealand is to the world, beautiful,

1155
00:54:38,880 --> 00:54:43,040
Speaker 3: full of opportunity and often just abandoned. Right.

1156
00:54:43,280 --> 00:54:47,440
Speaker 23: So we want regional development. We need regional development.

1157
00:54:47,440 --> 00:54:49,680
Speaker 3: We can't keep its own two feet.

1158
00:54:50,280 --> 00:54:53,120
Speaker 23: Well, the whole point about the other countries don't do

1159
00:54:53,280 --> 00:54:56,640
Speaker 23: loans like the you know this Provincial Growth Fund was

1160
00:54:56,640 --> 00:54:58,799
Speaker 23: doing and now it's been renamed. I know what they

1161
00:54:58,840 --> 00:55:01,160
Speaker 23: do is they they do grow right, So if something's

1162
00:55:01,200 --> 00:55:02,920
Speaker 23: not commercial. They go, right, you want to build a

1163
00:55:02,960 --> 00:55:06,160
Speaker 23: muscle farm in this community, create jobs. We think that

1164
00:55:06,400 --> 00:55:09,560
Speaker 23: over the years this will become profitable and it will

1165
00:55:09,560 --> 00:55:11,800
Speaker 23: have all sorts of spill on effects where you create

1166
00:55:11,840 --> 00:55:15,120
Speaker 23: other businesses and other industries. So you go, right, we'll

1167
00:55:15,160 --> 00:55:18,919
Speaker 23: give you a grant. And by definition, because so many

1168
00:55:18,920 --> 00:55:21,000
Speaker 23: of these things are not necessarily going to be commercial,

1169
00:55:21,040 --> 00:55:23,000
Speaker 23: you get lots of failures. But all you need is

1170
00:55:23,040 --> 00:55:25,480
Speaker 23: a few successes and suddenly the east coast of New

1171
00:55:25,560 --> 00:55:29,880
Speaker 23: Zealand is buzzing, the north is buzzing. And that's what

1172
00:55:29,880 --> 00:55:32,520
Speaker 23: we've lacked, really. I mean, we've talked about regional development

1173
00:55:32,560 --> 00:55:36,920
Speaker 23: for years, and you know, if we want a country

1174
00:55:36,960 --> 00:55:39,000
Speaker 23: where not everybody's going to have to move to Auckland,

1175
00:55:39,080 --> 00:55:40,959
Speaker 23: we have to pump money into it. I think doing

1176
00:55:41,000 --> 00:55:44,600
Speaker 23: grants is probably a more honest and realistic way than

1177
00:55:44,680 --> 00:55:47,520
Speaker 23: doing loans, where you suddenly go, oh, these loans are

1178
00:55:47,520 --> 00:55:49,560
Speaker 23: gone defaulted and they've gone bunk.

1179
00:55:49,719 --> 00:55:51,719
Speaker 3: All right, what do you think, Trush?

1180
00:55:51,920 --> 00:55:57,680
Speaker 24: I think, as always the intent of the intent of this,

1181
00:55:57,960 --> 00:55:58,880
Speaker 24: it's hard to argue with.

1182
00:55:58,960 --> 00:55:59,080
Speaker 4: Right.

1183
00:55:59,120 --> 00:56:02,040
Speaker 24: I grew up in time a now we saw freezing works, clothes,

1184
00:56:02,120 --> 00:56:05,640
Speaker 24: hospital clothes, all the main employers close and you know,

1185
00:56:06,400 --> 00:56:09,520
Speaker 24: thirty years on, the town is in a very different

1186
00:56:09,560 --> 00:56:14,000
Speaker 24: state and there's no sort of commercial base for jobs there,

1187
00:56:14,080 --> 00:56:17,040
Speaker 24: so that's really challenging. I do look around the country though,

1188
00:56:17,080 --> 00:56:20,239
Speaker 24: there are some regions that are actually rarely ripping on

1189
00:56:20,280 --> 00:56:23,520
Speaker 24: their own two feet and doing really well because there

1190
00:56:23,520 --> 00:56:25,799
Speaker 24: are different industries that have got in there and up

1191
00:56:25,800 --> 00:56:30,480
Speaker 24: and running. The issue with the pd that has played

1192
00:56:30,800 --> 00:56:37,920
Speaker 24: the PGF, in my view, is process and auditing around

1193
00:56:38,320 --> 00:56:42,200
Speaker 24: a lot of the funds that went out. I might

1194
00:56:42,280 --> 00:56:44,680
Speaker 24: have a completely different view on how to do this

1195
00:56:44,719 --> 00:56:48,680
Speaker 24: than other people. But if you take that quantum of

1196
00:56:48,760 --> 00:56:52,040
Speaker 24: money that was the PGF in New Zealand, it is

1197
00:56:52,120 --> 00:56:54,439
Speaker 24: a transformative amount of money. I think it was three

1198
00:56:54,480 --> 00:56:57,640
Speaker 24: point five billion dollars. If you took that money and

1199
00:56:57,680 --> 00:57:02,799
Speaker 24: you had a single, focused outcome that you wanted to

1200
00:57:02,880 --> 00:57:06,520
Speaker 24: achieve with it, that can be actually transformative. When you

1201
00:57:06,560 --> 00:57:08,480
Speaker 24: take that amount of money and you break it up

1202
00:57:08,520 --> 00:57:11,760
Speaker 24: into lots of little bits, it's much harder to get

1203
00:57:12,160 --> 00:57:13,360
Speaker 24: a really big benefit.

1204
00:57:13,480 --> 00:57:14,160
Speaker 3: It gets you lots.

1205
00:57:14,360 --> 00:57:16,080
Speaker 23: I agree with that, and it's a little bit like

1206
00:57:16,120 --> 00:57:18,400
Speaker 23: when I look at AID, which is in a sense

1207
00:57:18,440 --> 00:57:21,840
Speaker 23: of regional development project in the Pacific you could just

1208
00:57:21,880 --> 00:57:25,080
Speaker 23: spend all of the AID budget on bringing digital connectivity

1209
00:57:25,120 --> 00:57:27,400
Speaker 23: to every community in the Pacific, and you probably do

1210
00:57:27,480 --> 00:57:28,280
Speaker 23: more for development.

1211
00:57:28,360 --> 00:57:30,600
Speaker 3: And I mean there's a specific, a great example of it,

1212
00:57:30,640 --> 00:57:32,520
Speaker 3: because you've ended up with a whole bunch of states

1213
00:57:32,520 --> 00:57:35,240
Speaker 3: being beneficiary states, right, instead of actually standing on their

1214
00:57:35,240 --> 00:57:37,800
Speaker 3: own two feets. So it makes us feel good and

1215
00:57:37,840 --> 00:57:39,640
Speaker 3: maybe we can tell ourselves we're helping. But in the

1216
00:57:39,680 --> 00:57:40,800
Speaker 3: long room run, that.

1217
00:57:40,840 --> 00:57:43,400
Speaker 23: Says more, like Tricia, I agree with you, Trisha, it

1218
00:57:43,400 --> 00:57:45,560
Speaker 23: says more about the process and the way that we're

1219
00:57:45,600 --> 00:57:47,760
Speaker 23: doing it, not the principle of investing. So if you

1220
00:57:47,760 --> 00:57:51,000
Speaker 23: look at I mean, Rocket Lab emerged out of Mahia Peninsula,

1221
00:57:51,080 --> 00:57:55,480
Speaker 23: so there's no reason why really entrepreneurial, amazing companies and

1222
00:57:55,520 --> 00:57:58,680
Speaker 23: businesses and jobs and so on can't emerge in the region.

1223
00:57:58,720 --> 00:58:00,720
Speaker 3: So you get it right, let's teac of brag. We'll

1224
00:58:00,720 --> 00:58:02,320
Speaker 3: come back to the other make work thing that we

1225
00:58:02,360 --> 00:58:07,400
Speaker 3: appear to be doing, which is all in g quarter two.

1226
00:58:06,560 --> 00:58:10,320
Speaker 1: The huddle with New Zealand Southeby's International Realty, the only

1227
00:58:10,440 --> 00:58:12,080
Speaker 1: truly global brand.

1228
00:58:11,880 --> 00:58:13,960
Speaker 3: Right your back of the huddle, Tris Shurson Shearson, Willis

1229
00:58:13,960 --> 00:58:17,440
Speaker 3: pr and Joseph BEGANI, all right, do you do touch typing?

1230
00:58:18,480 --> 00:58:21,640
Speaker 24: When I was in Form three in nineteen eighty six,

1231
00:58:21,680 --> 00:58:23,800
Speaker 24: which I have just written to my best friends about

1232
00:58:23,840 --> 00:58:25,240
Speaker 24: because it's forty years since we met.

1233
00:58:25,280 --> 00:58:25,840
Speaker 3: In the third form.

1234
00:58:25,840 --> 00:58:28,560
Speaker 24: At time in high school, I was in mis Rafel's

1235
00:58:28,600 --> 00:58:31,680
Speaker 24: type in class and these were huge computers and we

1236
00:58:31,760 --> 00:58:35,080
Speaker 24: had to go home and sew our own bib, this

1237
00:58:35,200 --> 00:58:37,720
Speaker 24: contraption that you put over the keys, so you learned

1238
00:58:37,720 --> 00:58:41,960
Speaker 24: to touch type. You couldn't see to type, that's.

1239
00:58:41,320 --> 00:58:43,680
Speaker 3: All they were doing it so that you were blind.

1240
00:58:43,360 --> 00:58:45,960
Speaker 24: Faults, so you were so effectively it had you had

1241
00:58:45,960 --> 00:58:49,480
Speaker 24: to so that mine was terrible. Can't so elastic bands

1242
00:58:49,520 --> 00:58:51,360
Speaker 24: round the back of the typewriter and then a piece

1243
00:58:51,400 --> 00:58:53,640
Speaker 24: of fabric that completely covered the keys and then went

1244
00:58:53,720 --> 00:58:56,920
Speaker 24: round you. So when you were typing, you you literally

1245
00:58:56,960 --> 00:58:59,680
Speaker 24: had to learn blind and we had to. We learned

1246
00:58:59,680 --> 00:59:00,520
Speaker 24: by which I.

1247
00:59:00,440 --> 00:59:02,720
Speaker 23: Can born in the nineteen twenties, I know I can.

1248
00:59:02,920 --> 00:59:06,640
Speaker 24: I can still recite to you the keyboard off the

1249
00:59:06,640 --> 00:59:08,200
Speaker 24: top of my head because we had to learn by

1250
00:59:09,120 --> 00:59:12,640
Speaker 24: wrote exactly how they and this.

1251
00:59:12,600 --> 00:59:13,000
Speaker 7: Is a skill.

1252
00:59:13,080 --> 00:59:16,960
Speaker 24: You do not regret learning my touch typing, along with

1253
00:59:17,120 --> 00:59:19,280
Speaker 24: being forced to learn shorthand when I was doing my

1254
00:59:19,360 --> 00:59:21,200
Speaker 24: degree have been my saving graces.

1255
00:59:21,240 --> 00:59:21,919
Speaker 3: It is quite good.

1256
00:59:21,960 --> 00:59:24,480
Speaker 23: What do you do, jer, I just do the you know,

1257
00:59:24,520 --> 00:59:26,800
Speaker 23: the two fingers t rex thing.

1258
00:59:27,360 --> 00:59:28,440
Speaker 3: But also it worries me.

1259
00:59:28,480 --> 00:59:31,360
Speaker 23: And we're talking about our education system, Adam for Nightam

1260
00:59:31,520 --> 00:59:33,800
Speaker 23: at the moment, were we really going to focus on

1261
00:59:33,840 --> 00:59:36,320
Speaker 23: teaching our kids touch typing when everyone's going teach them

1262
00:59:36,360 --> 00:59:37,960
Speaker 23: AI how to manage them?

1263
00:59:38,120 --> 00:59:39,280
Speaker 3: How about teach them maths?

1264
00:59:40,080 --> 00:59:42,280
Speaker 23: Maths I mean, or how about teach them to spell?

1265
00:59:42,480 --> 00:59:44,200
Speaker 23: I mean, none of my kids can spell. They can't

1266
00:59:44,200 --> 00:59:47,440
Speaker 23: even do paragraphs. For some reason. Teaching I don't know

1267
00:59:47,560 --> 00:59:49,880
Speaker 23: what a paragraph you know that you get They cut

1268
00:59:49,960 --> 00:59:52,959
Speaker 23: these essays about the Romans or something, and it comes

1269
00:59:52,960 --> 00:59:54,920
Speaker 23: back with no paragraphs, and you go, why don't you

1270
00:59:54,920 --> 00:59:56,560
Speaker 23: make a paragraph? And we're all we're told not to

1271
00:59:56,880 --> 00:59:57,080
Speaker 23: tell you.

1272
00:59:57,160 --> 00:59:57,640
Speaker 3: I tell you what.

1273
00:59:57,720 --> 01:00:01,040
Speaker 24: Though, to your point about AI was reading a really

1274
01:00:01,040 --> 01:00:03,440
Speaker 24: interesting article might have been in Forbes this week about

1275
01:00:03,440 --> 01:00:07,840
Speaker 24: actually most work spaces now in officers, in you know,

1276
01:00:07,920 --> 01:00:10,320
Speaker 24: the kind of leading places around the world, they are

1277
01:00:10,320 --> 01:00:12,840
Speaker 24: all being kitted out with a mic because it's all voice.

1278
01:00:12,880 --> 01:00:15,040
Speaker 24: You're at your desk, you're not you're not typing anymore.

1279
01:00:15,080 --> 01:00:18,560
Speaker 24: You're you're talking, you're dictating, or you're blinking.

1280
01:00:18,280 --> 01:00:22,000
Speaker 3: Like GP and you go, I need to lift my

1281
01:00:22,200 --> 01:00:25,440
Speaker 3: HRT patch to two hundred and fifty. Please the GPS

1282
01:00:25,520 --> 01:00:26,840
Speaker 3: dictating it into the microphone.

1283
01:00:26,880 --> 01:00:29,000
Speaker 24: Well, it's all AI, the GP, all the notes are.

1284
01:00:29,400 --> 01:00:31,800
Speaker 23: It's depressing that we're talking about touch typing and the

1285
01:00:31,800 --> 01:00:32,640
Speaker 23: rest of the world is gone.

1286
01:00:32,680 --> 01:00:37,120
Speaker 3: Hey, listen, you are something of an expertish on gas,

1287
01:00:37,360 --> 01:00:39,240
Speaker 3: so tell me what you think marriage to an expert,

1288
01:00:39,440 --> 01:00:42,360
Speaker 3: what do you think of the LNG look a.

1289
01:00:42,400 --> 01:00:47,040
Speaker 23: Necessary solution because otherwise, yeah, because otherwise we're going to

1290
01:00:47,120 --> 01:00:49,800
Speaker 23: have we're going to run out of energy. But what

1291
01:00:49,880 --> 01:00:52,120
Speaker 23: about when shuts down at these So method nex is

1292
01:00:52,120 --> 01:00:53,600
Speaker 23: shutting down because there isn't enough gas.

1293
01:00:53,640 --> 01:00:56,120
Speaker 3: So let's be honest, about three up heaps of gas

1294
01:00:56,120 --> 01:00:56,520
Speaker 3: for us?

1295
01:00:56,720 --> 01:00:59,240
Speaker 23: Well not lots, right, they're going because about a quarter

1296
01:00:59,360 --> 01:01:01,600
Speaker 23: there's only about a quarter of that capacity left, so

1297
01:01:01,640 --> 01:01:04,000
Speaker 23: they're going. So, yes, you might be able to fill

1298
01:01:04,000 --> 01:01:08,600
Speaker 23: in the household energy supply electricity supply for maybe a year,

1299
01:01:08,760 --> 01:01:11,200
Speaker 23: but it's not a long term solution. So methodics goes.

1300
01:01:11,400 --> 01:01:14,720
Speaker 23: We deindustrialized the whole of New Zealand because we've stopped

1301
01:01:14,760 --> 01:01:18,200
Speaker 23: producing any gas. That's not that we're not doing renewables.

1302
01:01:18,200 --> 01:01:20,680
Speaker 23: We're doing heaps of it. But for that five percent

1303
01:01:21,120 --> 01:01:24,440
Speaker 23: of the energy capacity for you need something else, and

1304
01:01:24,720 --> 01:01:27,800
Speaker 23: we need to discover another gas field because the reason

1305
01:01:27,840 --> 01:01:30,280
Speaker 23: methodex is going is because Maui's running out and the

1306
01:01:30,280 --> 01:01:32,400
Speaker 23: other big ones are running out and we haven't spent

1307
01:01:32,520 --> 01:01:35,600
Speaker 23: any money or resources. And let's be honest, let's go

1308
01:01:35,640 --> 01:01:37,640
Speaker 23: back to the beginning of this. The ban on oil

1309
01:01:37,680 --> 01:01:40,760
Speaker 23: and gas was in complete pipe dream. It was a

1310
01:01:40,840 --> 01:01:44,200
Speaker 23: unicorn dream. You've got to have something that you use.

1311
01:01:44,360 --> 01:01:46,640
Speaker 23: Gas is the best thing when the sun's not shining

1312
01:01:46,640 --> 01:01:49,240
Speaker 23: and the wind's not blowing. So we have to get ellergy.

1313
01:01:49,040 --> 01:01:50,840
Speaker 24: Okay, leave me count to the chase here. And this

1314
01:01:50,880 --> 01:01:53,120
Speaker 24: is getting to the heart of it rather than Josie's

1315
01:01:53,200 --> 01:01:55,920
Speaker 24: pillow talk at home about what might what might work

1316
01:01:55,920 --> 01:01:57,160
Speaker 24: in the electricity and.

1317
01:01:59,440 --> 01:01:59,640
Speaker 12: Talk.

1318
01:01:59,720 --> 01:02:02,360
Speaker 3: Yeah, I'm joking, I'm not go.

1319
01:02:04,160 --> 01:02:07,600
Speaker 24: Go back to the cabinet paper on this, which said

1320
01:02:07,800 --> 01:02:11,200
Speaker 24: natural gas prices which both set the marginal price of

1321
01:02:11,240 --> 01:02:15,520
Speaker 24: electricity and are a critical input for industry. Right, So

1322
01:02:15,520 --> 01:02:18,320
Speaker 24: that's that the transcribe of mine. That's what the cabinet

1323
01:02:18,360 --> 01:02:21,680
Speaker 24: paper said. So if natural gas is setting electricity prices

1324
01:02:21,800 --> 01:02:25,120
Speaker 24: and imported lerg is more expensive than current gas in

1325
01:02:25,160 --> 01:02:25,920
Speaker 24: New Zealand.

1326
01:02:25,600 --> 01:02:27,080
Speaker 3: Way up to potentially three times.

1327
01:02:27,080 --> 01:02:31,560
Speaker 24: What happens to electricity prices with this move to the calculation.

1328
01:02:31,760 --> 01:02:34,640
Speaker 23: The prices go up when we have an energy shock,

1329
01:02:34,760 --> 01:02:37,760
Speaker 23: when we don't have enough supply. That's when the prices spike,

1330
01:02:37,840 --> 01:02:39,840
Speaker 23: and they even spike when we think we might not

1331
01:02:39,960 --> 01:02:43,440
Speaker 23: have enough supply. So that's a bigger problem than the

1332
01:02:43,480 --> 01:02:45,840
Speaker 23: fact that energy and yes, absolutely it's more expensive than

1333
01:02:45,880 --> 01:02:48,400
Speaker 23: natural gas if only we could use our own natural gases.

1334
01:02:48,440 --> 01:02:51,120
Speaker 3: But this is not without consequence, right, we are paying

1335
01:02:51,160 --> 01:02:53,000
Speaker 3: for this thing. We will have to pay a tax

1336
01:02:53,040 --> 01:02:54,680
Speaker 3: and energy tax now to fund this thing.

1337
01:02:54,720 --> 01:02:57,280
Speaker 23: Well again, less than we would if we did nothing,

1338
01:02:57,400 --> 01:03:00,240
Speaker 23: So if we didn't build this energy facility and we

1339
01:03:00,360 --> 01:03:02,440
Speaker 23: just went, oh god, I've got to get more colon.

1340
01:03:02,520 --> 01:03:05,320
Speaker 3: Did you see what? What what Tricia did today? She's

1341
01:03:05,360 --> 01:03:09,720
Speaker 3: been reading cabinet papers and Forbes so just casually, yeah.

1342
01:03:09,560 --> 01:03:10,320
Speaker 4: What is hey?

1343
01:03:10,520 --> 01:03:13,840
Speaker 24: I mean, this is just bau along with touch type

1344
01:03:14,000 --> 01:03:16,720
Speaker 24: getting married and Woman's Week, along with touch typing.

1345
01:03:17,000 --> 01:03:20,080
Speaker 3: Okay, I see you very much appreciate it. Look after ourselves.

1346
01:03:20,120 --> 01:03:22,280
Speaker 3: It's a huddle. This even in Tritius and JOSEPHEGANI it's

1347
01:03:22,280 --> 01:03:23,040
Speaker 3: eight away from six.

1348
01:03:24,440 --> 01:03:27,720
Speaker 1: It's the Heather Duper c Allen Drive Full Show podcast

1349
01:03:27,800 --> 01:03:32,280
Speaker 1: on my hard radio powered by News Talks be hither.

1350
01:03:32,400 --> 01:03:34,880
Speaker 3: Speaking about that group that you saw flying the ten

1351
01:03:34,960 --> 01:03:36,800
Speaker 3: or flag in the rust flag, you probably saw a

1352
01:03:36,800 --> 01:03:39,480
Speaker 3: group celebrating Bob Marley's birthday, not White Hungy Day, which

1353
01:03:39,480 --> 01:03:41,439
Speaker 3: is a fantastic poet because of course, of course it's

1354
01:03:41,440 --> 01:03:44,920
Speaker 3: Bob Marley's birthday as well, on the sixth of February.

1355
01:03:44,920 --> 01:03:47,919
Speaker 3: Thank you for pointing that out Hey, Chinese economic growth

1356
01:03:47,920 --> 01:03:49,480
Speaker 3: has continued to slow. So we're gonna have a chat

1357
01:03:49,480 --> 01:03:51,560
Speaker 3: to Shane Solly of Harbor Asset Management. They should be

1358
01:03:51,600 --> 01:03:54,120
Speaker 3: worrying us the reasonable amount I think in about twenty

1359
01:03:54,120 --> 01:03:58,280
Speaker 3: minutes time. Let us talk about heated rivalry. Look at

1360
01:03:58,280 --> 01:04:02,040
Speaker 3: the woman in look at the woman clothes and just

1361
01:04:02,120 --> 01:04:04,320
Speaker 3: see if she's blushing right now. And if she's blushing,

1362
01:04:04,360 --> 01:04:08,320
Speaker 3: that's because she's been watching the heated rivalry in them.

1363
01:04:09,480 --> 01:04:13,000
Speaker 3: So it was somebody who's very big in content in

1364
01:04:13,040 --> 01:04:15,480
Speaker 3: television said to me, oh, you're gonna watch heated rivalry.

1365
01:04:15,560 --> 01:04:18,680
Speaker 3: This is this is a great show. And then somebody

1366
01:04:18,680 --> 01:04:21,960
Speaker 3: else who's much more. I think objective said, no, it's not.

1367
01:04:22,120 --> 01:04:24,040
Speaker 3: It's not a good show. It's rubbish. It's full of

1368
01:04:24,120 --> 01:04:28,080
Speaker 3: rubbish acting. Well, apparently the ladies love it. And apparently

1369
01:04:28,080 --> 01:04:31,000
Speaker 3: the reason ladies love it is because basically the storyline

1370
01:04:31,080 --> 01:04:34,040
Speaker 3: is a couple of ice hockey players who are rivals,

1371
01:04:34,120 --> 01:04:36,720
Speaker 3: just you know, after the game, the two dudes, they

1372
01:04:36,800 --> 01:04:38,760
Speaker 3: play the game against each other, then they spend a

1373
01:04:38,760 --> 01:04:40,840
Speaker 3: lot of time with each other. And it's quite explicit

1374
01:04:40,880 --> 01:04:43,440
Speaker 3: on the tally. Anyway, do not feel bad if you're

1375
01:04:43,440 --> 01:04:46,160
Speaker 3: loving the Heated Rivalry. It debuted on Crave, which is

1376
01:04:46,160 --> 01:04:49,320
Speaker 3: a Canadian streaming network, in late November, and has since

1377
01:04:49,320 --> 01:04:53,040
Speaker 3: become its most viewed original series ever. It is the

1378
01:04:53,080 --> 01:04:56,920
Speaker 3: second most in demand TV show globally according to Parrot Analytics,

1379
01:04:56,920 --> 01:05:00,000
Speaker 3: which is a data firm in America, Australia, and the Philippines.

1380
01:05:00,240 --> 01:05:03,200
Speaker 3: Even in Russia, which has repressive anti gay laws, it

1381
01:05:03,240 --> 01:05:06,640
Speaker 3: is an underground sensation. It is currently the highest rated

1382
01:05:06,680 --> 01:05:09,480
Speaker 3: TV show of all time on ken or Poisk, which

1383
01:05:09,520 --> 01:05:13,760
Speaker 3: is the country's leading film database. Apparently, it has about

1384
01:05:13,800 --> 01:05:17,720
Speaker 3: eight million American views on average per episode, a third

1385
01:05:17,720 --> 01:05:21,240
Speaker 3: of them are rewatching, fifteen percent of them have watched

1386
01:05:21,280 --> 01:05:25,360
Speaker 3: five times or more. I'm not drawing any conclusions, just

1387
01:05:25,480 --> 01:05:29,280
Speaker 3: saying they're watching the same thing a lot. Professional hockey

1388
01:05:29,440 --> 01:05:32,040
Speaker 3: is seeing a heated rivalry effect. So anyway, don't feel

1389
01:05:32,080 --> 01:05:34,360
Speaker 3: embarrassed because I'll tell you what all the ladies in

1390
01:05:34,440 --> 01:05:36,480
Speaker 3: my all but are talking about it. Go and watch

1391
01:05:36,520 --> 01:05:38,800
Speaker 3: a bit of that for yourself later on, which incidentally,

1392
01:05:38,840 --> 01:05:41,440
Speaker 3: I think is onlyon and I should disclaim that I

1393
01:05:41,480 --> 01:05:43,520
Speaker 3: am a Sky shareholder, so you'll be doing me a

1394
01:05:43,600 --> 01:05:46,360
Speaker 3: huge favor very much. Nikola Williss is with us next

1395
01:05:46,400 --> 01:05:47,040
Speaker 3: New Still.

1396
01:05:46,840 --> 01:05:47,120
Speaker 12: They be.

1397
01:05:58,120 --> 01:06:01,800
Speaker 1: Keeping track of where the money is the Business hour

1398
01:06:01,920 --> 01:06:05,520
Speaker 1: with Heather Duplicy and Mads Insurance and Investments.

1399
01:06:05,560 --> 01:06:08,320
Speaker 4: Your future is in good hands. U storgs be.

1400
01:06:09,680 --> 01:06:11,560
Speaker 3: Even in coming up in the next hour Greek four

1401
01:06:11,600 --> 01:06:13,760
Speaker 3: and formerly of The New Zealand on whether he's got

1402
01:06:13,760 --> 01:06:16,120
Speaker 3: the big retail job with Kroger in the US. He's

1403
01:06:16,160 --> 01:06:18,480
Speaker 3: with us up the half past Shane Soley of Harbor

1404
01:06:18,520 --> 01:06:21,520
Speaker 3: Asset Management on whether the Chinese will drop their growth target.

1405
01:06:21,560 --> 01:06:24,000
Speaker 3: And we'll head to the UK to see if Kirstan

1406
01:06:24,160 --> 01:06:26,040
Speaker 3: is going to survive. It's seven past six and with

1407
01:06:26,120 --> 01:06:29,640
Speaker 3: us now is Nichola Willis our Finance Minister Hei Nicoler, Hi, Heather,

1408
01:06:29,960 --> 01:06:32,520
Speaker 3: have you seen the taxpayers Union attack which is out

1409
01:06:32,520 --> 01:06:36,520
Speaker 3: on the L and g Levey Nope, calling it a

1410
01:06:36,560 --> 01:06:38,200
Speaker 3: new tax on the electricity sector.

1411
01:06:39,160 --> 01:06:41,920
Speaker 25: Well, that's just a ridiculous thing to say. What it

1412
01:06:41,960 --> 01:06:45,840
Speaker 25: actually is is a way of reducing the costs that

1413
01:06:45,920 --> 01:06:48,760
Speaker 25: New Zealanders are facing for their electricity bills, which at

1414
01:06:48,760 --> 01:06:52,080
Speaker 25: the moment factor in a massive premium for the fact

1415
01:06:52,120 --> 01:06:55,720
Speaker 25: that we don't have secure energy supply. So all of

1416
01:06:55,760 --> 01:06:59,280
Speaker 25: the electricity companies are paying more on the basis that

1417
01:06:59,320 --> 01:07:01,080
Speaker 25: they might run out gas and then what are they

1418
01:07:01,120 --> 01:07:05,000
Speaker 25: going to do? So we need this strategic security asset

1419
01:07:05,400 --> 01:07:08,840
Speaker 25: and it's about actually ensuring that allergy prices are lower

1420
01:07:08,880 --> 01:07:10,680
Speaker 25: in the future. And the estimate is that it'll be

1421
01:07:10,720 --> 01:07:12,760
Speaker 25: worth around fifty dollars per household.

1422
01:07:12,840 --> 01:07:14,760
Speaker 3: This is what they say. Introducing a new tax during

1423
01:07:14,800 --> 01:07:17,360
Speaker 3: a cost of living crisis would be a huge political mistake.

1424
01:07:17,720 --> 01:07:20,080
Speaker 3: Luxen promised no new taxes and he will destroy his

1425
01:07:20,160 --> 01:07:22,160
Speaker 3: credibility if he u turns. Now, how do you get

1426
01:07:22,160 --> 01:07:22,600
Speaker 3: out of that?

1427
01:07:23,200 --> 01:07:26,520
Speaker 25: It is not a new tax. This is building a

1428
01:07:26,560 --> 01:07:31,880
Speaker 25: new LNG importation facility for energy users to use, and

1429
01:07:31,960 --> 01:07:35,520
Speaker 25: we want the industry to fund that asset because that

1430
01:07:35,680 --> 01:07:39,000
Speaker 25: asset will support the industry, and in doing that, when

1431
01:07:39,000 --> 01:07:42,120
Speaker 25: the industry have more secure energy supply, that'll mean lower

1432
01:07:42,160 --> 01:07:44,880
Speaker 25: costs for households. So for the average key, we're sitting

1433
01:07:44,880 --> 01:07:47,600
Speaker 25: at home. Yeah, at the average kit he ki sitting

1434
01:07:47,600 --> 01:07:49,400
Speaker 25: at home. What they need to know is, at the moment,

1435
01:07:49,760 --> 01:07:52,760
Speaker 25: part of why your electricity bill keeps on rising is

1436
01:07:52,800 --> 01:07:55,760
Speaker 25: because there is a lack of gas supply for when

1437
01:07:55,800 --> 01:07:59,240
Speaker 25: the rain doesn't pour and the sun isn't shining, and

1438
01:07:59,280 --> 01:08:02,040
Speaker 25: we are dealing with that problem. And actually this is

1439
01:08:02,080 --> 01:08:05,200
Speaker 25: going to help lower your electricity. So look, the Taxpayers

1440
01:08:05,280 --> 01:08:07,080
Speaker 25: Union should not be so irresponsible.

1441
01:08:07,560 --> 01:08:09,480
Speaker 3: Detail in the detail. I must have got it wrong

1442
01:08:09,560 --> 01:08:13,400
Speaker 3: because I thought that we as as residential users, we're

1443
01:08:13,400 --> 01:08:14,800
Speaker 3: going to be paying the levy. But you're telling me

1444
01:08:14,840 --> 01:08:16,200
Speaker 3: it's the industry who's paying the levy.

1445
01:08:16,520 --> 01:08:19,200
Speaker 25: Well, we're still in the procurement approach, but it's intended

1446
01:08:19,240 --> 01:08:21,840
Speaker 25: to be funded by the industry because we think that

1447
01:08:21,920 --> 01:08:24,920
Speaker 25: the costs of that will be less than the price

1448
01:08:25,360 --> 01:08:26,320
Speaker 25: currently being paid.

1449
01:08:26,400 --> 01:08:28,400
Speaker 3: Electricity users will not pay this.

1450
01:08:29,880 --> 01:08:33,000
Speaker 25: We think this will lower costs to households because at

1451
01:08:33,000 --> 01:08:35,480
Speaker 25: the moment you'll come on risk premium.

1452
01:08:35,640 --> 01:08:38,160
Speaker 3: Come on, be straight with me. Our punter is going

1453
01:08:38,200 --> 01:08:39,599
Speaker 3: to pay this? Are we going to pay this? As

1454
01:08:39,640 --> 01:08:40,599
Speaker 3: electricity users?

1455
01:08:41,479 --> 01:08:44,720
Speaker 25: We are going to reduce the costs per household by

1456
01:08:44,720 --> 01:08:47,560
Speaker 25: reducing the risk premium that you currently pay.

1457
01:08:48,560 --> 01:08:50,400
Speaker 3: My question, it's really obvious.

1458
01:08:51,120 --> 01:08:54,160
Speaker 25: Well, we haven't announced what the levee will be because

1459
01:08:54,160 --> 01:08:56,760
Speaker 25: we haven't actually got the procurement. Who's paying the levy

1460
01:08:56,800 --> 01:08:59,960
Speaker 25: approach defined well, the energy companies will part in the

1461
01:09:00,080 --> 01:09:01,320
Speaker 25: first instance.

1462
01:09:00,960 --> 01:09:02,160
Speaker 3: And then the punters will pay it.

1463
01:09:03,200 --> 01:09:06,000
Speaker 25: They will face a reduced cost because at the moment

1464
01:09:06,200 --> 01:09:08,600
Speaker 25: they are paying a higher price for their electricity.

1465
01:09:08,640 --> 01:09:10,040
Speaker 3: I feel I hate to say this. I feel like

1466
01:09:10,120 --> 01:09:12,519
Speaker 3: even Simon Watts was more honest before when he actually

1467
01:09:12,600 --> 01:09:15,160
Speaker 3: answered that question. But anyway, we're back to that. Look

1468
01:09:15,640 --> 01:09:18,080
Speaker 3: in the poll, the Taxpayer's Union Curier poll, it's just

1469
01:09:18,120 --> 01:09:19,720
Speaker 3: come out. Did you see the bump up that the

1470
01:09:19,760 --> 01:09:22,200
Speaker 3: cost of living has taken as being like the most

1471
01:09:22,240 --> 01:09:24,400
Speaker 3: important thing to people? I think it's thirty five percent

1472
01:09:24,439 --> 01:09:25,760
Speaker 3: of people say this. Now have you seen that?

1473
01:09:26,840 --> 01:09:29,760
Speaker 25: Well, I've seen lots of polls, but actually all I

1474
01:09:29,800 --> 01:09:32,200
Speaker 25: need to do is talk to New Zealanders to understand

1475
01:09:32,280 --> 01:09:34,240
Speaker 25: that what people want is to feel like they can

1476
01:09:34,280 --> 01:09:37,320
Speaker 25: get ahead and that at the moment, they continue to

1477
01:09:37,320 --> 01:09:39,720
Speaker 25: be concerned about the costs they face, and they want

1478
01:09:39,760 --> 01:09:41,679
Speaker 25: to see rising incomes and they want to see lower

1479
01:09:41,720 --> 01:09:44,360
Speaker 25: costs than everyday life, which is why we're doing things

1480
01:09:44,439 --> 01:09:47,559
Speaker 25: like capping rates. That's why we delivered tax relief.

1481
01:09:47,720 --> 01:09:51,000
Speaker 3: Cool okay, okay, But I'm getting to something here. Can

1482
01:09:51,040 --> 01:09:54,040
Speaker 3: you explain to me because I genuinely don't understand why

1483
01:09:54,080 --> 01:09:56,120
Speaker 3: it is that cost of living is now at a

1484
01:09:56,200 --> 01:09:58,240
Speaker 3: point where it was two years ago. How has it

1485
01:09:58,240 --> 01:10:00,519
Speaker 3: come back to twenty twenty fours levels? What's going on?

1486
01:10:02,160 --> 01:10:05,679
Speaker 25: Well, I think that for a lot of people, they

1487
01:10:06,080 --> 01:10:09,160
Speaker 25: came out of COVID, had that massive inflation spikes or

1488
01:10:09,200 --> 01:10:13,600
Speaker 25: prices come back up, and lots of people think of

1489
01:10:13,600 --> 01:10:16,559
Speaker 25: the cost of living as well as the supermarket bill

1490
01:10:16,600 --> 01:10:19,320
Speaker 25: going to reduce next week. And actually what we're doing

1491
01:10:19,400 --> 01:10:23,400
Speaker 25: is we've reduced their rate of increase. But what people

1492
01:10:23,479 --> 01:10:26,240
Speaker 25: aren't seeing is a real reduction in the price of

1493
01:10:26,240 --> 01:10:29,280
Speaker 25: their groceries, for example, or their rates bill. So it

1494
01:10:29,280 --> 01:10:32,680
Speaker 25: remains a top of mind concern. Well, look, that's one

1495
01:10:32,720 --> 01:10:35,080
Speaker 25: poll here. I wouldn't overread one number, but I think

1496
01:10:35,120 --> 01:10:37,479
Speaker 25: that what you are hearing as people remain focused on

1497
01:10:37,520 --> 01:10:38,160
Speaker 25: the cost of living.

1498
01:10:38,200 --> 01:10:41,120
Speaker 3: Okay, are you up for a ministerial review into what's

1499
01:10:41,160 --> 01:10:41,920
Speaker 3: happened in Wellington?

1500
01:10:43,560 --> 01:10:46,200
Speaker 25: Well, we do need to get answers about why that

1501
01:10:46,320 --> 01:10:50,800
Speaker 25: plant has failed so catastrophically. The local government minister has

1502
01:10:50,800 --> 01:10:52,920
Speaker 25: a number of tools available to him under the Act.

1503
01:10:52,920 --> 01:10:55,360
Speaker 25: He is getting advice about whether he needs to use

1504
01:10:55,400 --> 01:10:58,519
Speaker 25: any of those tools. He hasn't made any decisions at

1505
01:10:58,520 --> 01:10:59,080
Speaker 25: this point.

1506
01:10:59,240 --> 01:10:59,400
Speaker 7: Ok.

1507
01:11:00,280 --> 01:11:03,000
Speaker 3: In the insurance review that you're doing, would you consider

1508
01:11:03,080 --> 01:11:06,920
Speaker 3: dropping the capital requirements that insurers have because they reckon

1509
01:11:06,920 --> 01:11:08,040
Speaker 3: that'll make everything cheaper.

1510
01:11:08,880 --> 01:11:11,080
Speaker 25: Well, that is one of the issues that we've asked

1511
01:11:11,160 --> 01:11:14,280
Speaker 25: the Council of Financial Regulators to look at, which is

1512
01:11:14,400 --> 01:11:18,040
Speaker 25: that the Reserve Bank sets these credential rules, and we

1513
01:11:18,080 --> 01:11:21,120
Speaker 25: want to ask is that in itself creating a cost pressure.

1514
01:11:21,479 --> 01:11:23,839
Speaker 25: How much of this is about competition in the industry,

1515
01:11:23,960 --> 01:11:26,320
Speaker 25: How much of this is about general construction costs, How

1516
01:11:26,400 --> 01:11:28,920
Speaker 25: much of this is just we're getting more extreme weather events.

1517
01:11:28,960 --> 01:11:31,840
Speaker 25: At the moment, we don't have good enough data to

1518
01:11:32,000 --> 01:11:34,720
Speaker 25: really know which of those factors as biggest, But that's

1519
01:11:34,720 --> 01:11:37,720
Speaker 25: why we're doing this study to find out what is

1520
01:11:37,800 --> 01:11:39,840
Speaker 25: driving the cost and what options do we have for

1521
01:11:39,880 --> 01:11:40,280
Speaker 25: reducing it.

1522
01:11:40,400 --> 01:11:42,960
Speaker 3: And so if it comes back and the answer is yep,

1523
01:11:43,000 --> 01:11:44,920
Speaker 3: you need to drop the capital requirements, it will drop

1524
01:11:44,920 --> 01:11:46,960
Speaker 3: the price of the insurance for everybody out there. Would

1525
01:11:46,960 --> 01:11:47,840
Speaker 3: you consider doing it?

1526
01:11:48,880 --> 01:11:51,559
Speaker 25: I'd consider doing it if I was confident that in

1527
01:11:51,640 --> 01:11:55,200
Speaker 25: reducing that capital requirement that would actually be passed on

1528
01:11:55,280 --> 01:11:59,040
Speaker 25: to you, the homeowner buying your home and contents insurance.

1529
01:11:59,520 --> 01:12:02,439
Speaker 25: Because if what I'm doing is just creating more risk

1530
01:12:02,960 --> 01:12:05,679
Speaker 25: of an insurer falling over, but your premium isn't going

1531
01:12:05,680 --> 01:12:08,000
Speaker 25: to drop as a result, I wouldn't have an appetite that.

1532
01:12:08,439 --> 01:12:09,880
Speaker 3: Now. Have you had a look at all at this

1533
01:12:09,960 --> 01:12:13,479
Speaker 3: Crown Regional Holdings loan book and the risk of things

1534
01:12:13,520 --> 01:12:14,439
Speaker 3: going into default here?

1535
01:12:16,120 --> 01:12:16,360
Speaker 9: Yes?

1536
01:12:16,520 --> 01:12:16,920
Speaker 6: I have.

1537
01:12:17,160 --> 01:12:17,240
Speaker 12: So.

1538
01:12:17,920 --> 01:12:22,680
Speaker 25: Essentially the report that you're referring to relates primarily to

1539
01:12:23,240 --> 01:12:27,799
Speaker 25: loans made under the Provincial Growth Fund, and it reflects

1540
01:12:27,880 --> 01:12:29,600
Speaker 25: the fact that some of those loans are now on

1541
01:12:29,640 --> 01:12:33,320
Speaker 25: a longer repayment schedule or have they had more concessionary

1542
01:12:33,360 --> 01:12:37,040
Speaker 25: interest terms applied than at the time the loan was made.

1543
01:12:37,120 --> 01:12:41,120
Speaker 25: And as we now have a Regional Infrastructure Fund, we're

1544
01:12:41,240 --> 01:12:43,920
Speaker 25: much tighter and clearer about the conditions under which we

1545
01:12:44,000 --> 01:12:44,760
Speaker 25: give loans change.

1546
01:12:44,800 --> 01:12:47,360
Speaker 3: Jones seems to suggest that it's limited to about twenty

1547
01:12:47,360 --> 01:12:49,679
Speaker 3: five to twenty eight million dollars and the rest is fine.

1548
01:12:49,720 --> 01:12:52,200
Speaker 3: Do you have a Are you sharing his confidence there?

1549
01:12:53,560 --> 01:12:56,639
Speaker 25: Well, it is the fact that the PGF right from

1550
01:12:56,640 --> 01:12:58,960
Speaker 25: the get go, was about giving loans to things that

1551
01:12:59,000 --> 01:13:01,679
Speaker 25: wouldn't otherwise get at a lower rate than they would

1552
01:13:01,720 --> 01:13:04,760
Speaker 25: get from the normal system, so that's baked into the

1553
01:13:04,760 --> 01:13:07,600
Speaker 25: whole design of the thing. He's right to say that

1554
01:13:07,680 --> 01:13:11,639
Speaker 25: there's a limited number of projects that are really really

1555
01:13:11,640 --> 01:13:14,080
Speaker 25: struggling or might have to be written off entirely. There's

1556
01:13:14,080 --> 01:13:16,639
Speaker 25: a number of them where they've made adjustments and they're

1557
01:13:16,760 --> 01:13:19,240
Speaker 25: likely to pay back those lines over time.

1558
01:13:20,200 --> 01:13:23,439
Speaker 3: Do you subscribe to the view that Shane Jones has

1559
01:13:23,479 --> 01:13:26,360
Speaker 3: that if we have regions in New Zealand that are

1560
01:13:26,360 --> 01:13:28,360
Speaker 3: suffering and people are losing their jobs and businesses are

1561
01:13:28,400 --> 01:13:30,439
Speaker 3: falling over in the market's not working, that we need

1562
01:13:30,479 --> 01:13:33,320
Speaker 3: to step in as taxpayers and subsidize these jobs. Are

1563
01:13:33,360 --> 01:13:33,880
Speaker 3: you into that.

1564
01:13:35,520 --> 01:13:37,879
Speaker 25: In general? I think you've got to be really careful

1565
01:13:37,920 --> 01:13:41,080
Speaker 25: about that because the government has a track record over many,

1566
01:13:41,160 --> 01:13:45,400
Speaker 25: many decades of picking the wrong things and not quite

1567
01:13:45,439 --> 01:13:48,320
Speaker 25: getting it right, and then it's your money on the line.

1568
01:13:48,479 --> 01:13:51,840
Speaker 25: So sometimes in a region, yes, extra support needs to

1569
01:13:51,880 --> 01:13:54,400
Speaker 25: go in to help them transition when they're moving away

1570
01:13:54,439 --> 01:13:58,120
Speaker 25: from one industry to another. But it's also the case

1571
01:13:58,200 --> 01:14:01,439
Speaker 25: that me deciding who to loan money too, well, I'm

1572
01:14:01,439 --> 01:14:03,360
Speaker 25: not always the best place to make that decision, and

1573
01:14:03,360 --> 01:14:05,040
Speaker 25: the same can be seved for everyone in government.

1574
01:14:05,040 --> 01:14:06,680
Speaker 3: All right, he Nichola, thank you very much, appreciate it.

1575
01:14:06,760 --> 01:14:09,760
Speaker 3: Nichola willis Finance Minister Shane Soley's next quarter past.

1576
01:14:10,200 --> 01:14:13,720
Speaker 1: It's the Heather Duplessy Allen Drive Full Show podcast on

1577
01:14:13,840 --> 01:14:18,920
Speaker 1: my Heart Radio powered by News Talks EBB. Crunching the

1578
01:14:19,000 --> 01:14:22,439
Speaker 1: numbers and getting the results. It's Heather Duplessy Allen on

1579
01:14:22,560 --> 01:14:25,760
Speaker 1: the Business Hour with mass insurance and investments.

1580
01:14:25,920 --> 01:14:28,840
Speaker 4: Your futures in good hands Used Talks EDB.

1581
01:14:29,360 --> 01:14:32,080
Speaker 3: Heather resonation. We should never be reliant on energy imports

1582
01:14:32,080 --> 01:14:34,840
Speaker 3: in any capacity, especially in this geopolitical environment. We need

1583
01:14:34,880 --> 01:14:37,040
Speaker 3: to be one hundred percent self sufficient. Time surprised we

1584
01:14:37,040 --> 01:14:40,320
Speaker 3: aren't explor exploring natural gas already, Well that's that's running

1585
01:14:40,360 --> 01:14:43,240
Speaker 3: through truck. Do you know what I was thinking? How

1586
01:14:43,280 --> 01:14:45,760
Speaker 3: about you know, when you open a new facility, and

1587
01:14:45,800 --> 01:14:47,880
Speaker 3: particularly a big one like the selling g This is

1588
01:14:47,880 --> 01:14:49,800
Speaker 3: going to be a big facility, right You normally get

1589
01:14:49,800 --> 01:14:52,000
Speaker 3: a celebrity and yet they open it and then you

1590
01:14:52,000 --> 01:14:53,479
Speaker 3: have a plaque on the side. It's like even my

1591
01:14:53,520 --> 01:14:56,479
Speaker 3: supermarket's got it. This supermarket was opened by Nikki Kay

1592
01:14:56,600 --> 01:14:59,040
Speaker 3: who was the minister. Do you know who we should

1593
01:14:59,080 --> 01:15:01,240
Speaker 3: get in for the we should get invite for the

1594
01:15:01,320 --> 01:15:03,160
Speaker 3: opening of the al and g A is Jacinda, don't

1595
01:15:03,200 --> 01:15:06,000
Speaker 3: you think so that we can go full circle on it. Well, first,

1596
01:15:06,000 --> 01:15:08,240
Speaker 3: it's good for Jacinda to sort of see like, look

1597
01:15:08,280 --> 01:15:10,679
Speaker 3: what you did, This is wonderful. Now we're important gas.

1598
01:15:10,880 --> 01:15:13,360
Speaker 3: But also she did talk about a just transition for

1599
01:15:13,400 --> 01:15:15,680
Speaker 3: Taranaki from the oil and gas bands, so we could

1600
01:15:15,720 --> 01:15:17,639
Speaker 3: get her in and be like, we have a just transition.

1601
01:15:18,280 --> 01:15:20,479
Speaker 3: We've got a gas important facility just inday, and we

1602
01:15:20,479 --> 01:15:21,840
Speaker 3: could put a PLUQ on it and we could just

1603
01:15:21,880 --> 01:15:23,519
Speaker 3: tell the whole story like one of those little like

1604
01:15:23,600 --> 01:15:26,920
Speaker 3: modern history lessons that we're doing. Nineteen past six, Shane

1605
01:15:26,920 --> 01:15:30,200
Speaker 3: Solly Harbor Asset Management with US now high Shane, Hello,

1606
01:15:30,320 --> 01:15:32,519
Speaker 3: he that So we've got the company profit reporting season

1607
01:15:32,520 --> 01:15:34,720
Speaker 3: for the December period about to start. What should we

1608
01:15:34,800 --> 01:15:35,960
Speaker 3: be thinking about as investments.

1609
01:15:36,080 --> 01:15:39,120
Speaker 26: Yees, yeah, good question. So kicks off this Sursday with

1610
01:15:39,200 --> 01:15:41,160
Speaker 26: Scaler up and then we get really busy next week

1611
01:15:41,200 --> 01:15:44,439
Speaker 26: twelve ye Zone companies reporting reporting, See it might be

1612
01:15:44,439 --> 01:15:47,000
Speaker 26: a bit violatile. Is we're reporting on a period that

1613
01:15:47,120 --> 01:15:49,160
Speaker 26: was quite challenging if you think about the last six months,

1614
01:15:49,240 --> 01:15:51,320
Speaker 26: last twelve months, So there is a rest there. We

1615
01:15:51,320 --> 01:15:54,080
Speaker 26: get a little bit of disappointment versus expectations on the

1616
01:15:54,080 --> 01:15:57,360
Speaker 26: extra results, but forward looking statements that's what markets will

1617
01:15:57,400 --> 01:16:01,439
Speaker 26: focus on. We've seen companies being pretty conservative up until now,

1618
01:16:01,600 --> 01:16:03,680
Speaker 26: but maybe they start to talk a little bit more optimistically,

1619
01:16:03,720 --> 01:16:06,960
Speaker 26: particularly some of the companies that are put in major

1620
01:16:07,080 --> 01:16:11,000
Speaker 26: strategy changes. Gentilers have got better lake flows, we see

1621
01:16:11,040 --> 01:16:13,880
Speaker 26: recoveries and things like HP retirement tours and technology. So

1622
01:16:13,960 --> 01:16:15,680
Speaker 26: the tone is a lot better this year than it

1623
01:16:15,720 --> 01:16:18,080
Speaker 26: was a year ago, but we've still got to get through.

1624
01:16:17,840 --> 01:16:18,400
Speaker 16: What it was.

1625
01:16:19,000 --> 01:16:21,040
Speaker 3: And now on China, I mean you make the point

1626
01:16:21,040 --> 01:16:23,040
Speaker 3: that its economic growth has continued to slow. In this

1627
01:16:23,160 --> 01:16:25,320
Speaker 3: some talk that the government may over there change its

1628
01:16:25,360 --> 01:16:28,360
Speaker 3: growth target. What does that mean for us?

1629
01:16:28,760 --> 01:16:29,080
Speaker 6: Yeah?

1630
01:16:29,200 --> 01:16:31,719
Speaker 26: Yeah, Look, so five percent has been the magic number,

1631
01:16:31,840 --> 01:16:34,360
Speaker 26: and so there's some talk about it may move from

1632
01:16:34,560 --> 01:16:36,840
Speaker 26: the specific target goes to four and a half to

1633
01:16:36,920 --> 01:16:39,760
Speaker 26: five rather than five. Really, for US, it's it's less

1634
01:16:39,760 --> 01:16:41,880
Speaker 26: important about what the number is. It's about what it

1635
01:16:41,960 --> 01:16:45,920
Speaker 26: is and what it appears. That if Chinese exports are resilient,

1636
01:16:46,560 --> 01:16:50,120
Speaker 26: then they won't stimulate the domestic economy and they'll get deflation.

1637
01:16:50,240 --> 01:16:52,920
Speaker 26: But if the exports aren't good, then they'll pump the

1638
01:16:53,120 --> 01:16:56,599
Speaker 26: domestic economy out. So really the peers on what part

1639
01:16:56,640 --> 01:16:57,080
Speaker 26: of our.

1640
01:16:57,280 --> 01:16:58,360
Speaker 12: Urine in on economy.

1641
01:16:58,360 --> 01:17:01,280
Speaker 26: If it's consumption, if it's about pumping up that domestic

1642
01:17:01,560 --> 01:17:04,000
Speaker 26: we might get more tourism, we might get more demand

1643
01:17:04,040 --> 01:17:08,280
Speaker 26: for our produce. If it's more of a heavy stuff,

1644
01:17:08,479 --> 01:17:10,559
Speaker 26: then you know, maybe we get a little few logs out,

1645
01:17:10,600 --> 01:17:13,400
Speaker 26: but you know, we probably want more consumption.

1646
01:17:13,640 --> 01:17:16,120
Speaker 3: Now at the US. On the US rather the share

1647
01:17:16,160 --> 01:17:18,040
Speaker 3: market was up two percent on Friday night, lead by

1648
01:17:18,080 --> 01:17:20,280
Speaker 3: that technology stuff. How did the local market react?

1649
01:17:20,840 --> 01:17:23,519
Speaker 26: Yeah, yeah, So we had an announcement on Thursday from

1650
01:17:23,560 --> 01:17:25,320
Speaker 26: Amazon and saying they're going to spin twohundred bi and

1651
01:17:25,360 --> 01:17:29,200
Speaker 26: just a lazy two hundred bion heather on semiconductors and

1652
01:17:29,280 --> 01:17:31,519
Speaker 26: data centers. And when you combine that with Microsoft and

1653
01:17:31,560 --> 01:17:33,479
Speaker 26: Meta and Amazon, they're going to spin on alphabet I

1654
01:17:33,520 --> 01:17:35,559
Speaker 26: should say they're going to spend seven hundred b in

1655
01:17:35,600 --> 01:17:38,439
Speaker 26: this year. So yeah, it did kick the market up

1656
01:17:38,600 --> 01:17:40,160
Speaker 26: a bit of a bounce in the takes space. Here

1657
01:17:40,160 --> 01:17:43,200
Speaker 26: in New Zeale, we're a bit more software Centrome software.

1658
01:17:43,280 --> 01:17:44,240
Speaker 26: It did actually do okay.

1659
01:17:44,360 --> 01:17:44,639
Speaker 12: Overall.

1660
01:17:44,720 --> 01:17:46,479
Speaker 26: The zero market flat on the day, but we saw

1661
01:17:46,520 --> 01:17:49,360
Speaker 26: things like Vista Group up five percent to a dollar ninety,

1662
01:17:49,360 --> 01:17:52,920
Speaker 26: gin Track up three percent twenty four and for one

1663
01:17:52,960 --> 01:17:56,360
Speaker 26: point nine percent eleven they owned a lot of data centers,

1664
01:17:56,840 --> 01:18:00,240
Speaker 26: and Ozzie listed zero up one point three percent, said

1665
01:18:00,240 --> 01:18:03,000
Speaker 26: eight we're going to be kereful. It's pretty volatile in

1666
01:18:03,040 --> 01:18:05,680
Speaker 26: that space. That does sugest people are starting to look

1667
01:18:05,720 --> 01:18:06,719
Speaker 26: again good stuff.

1668
01:18:06,720 --> 01:18:08,640
Speaker 3: Hey, Shane has always really appreciate talking to you. Look

1669
01:18:08,640 --> 01:18:11,960
Speaker 3: after yourself for talk next week Shane Solly Harbor Asset Management.

1670
01:18:12,000 --> 01:18:13,280
Speaker 3: It's six twenty two.

1671
01:18:13,479 --> 01:18:17,120
Speaker 1: Whether it's macro micro or just plain economics. It's all

1672
01:18:17,200 --> 01:18:19,879
Speaker 1: on the business hour with Hen the due for SELA

1673
01:18:20,000 --> 01:18:22,200
Speaker 1: and MAS insurance and investments.

1674
01:18:22,360 --> 01:18:24,200
Speaker 4: Your futures in good hands.

1675
01:18:24,479 --> 01:18:27,360
Speaker 3: Us talks Envy right Greek four and is going to

1676
01:18:27,360 --> 01:18:28,920
Speaker 3: be with us and just slightly over ten minutes we

1677
01:18:29,000 --> 01:18:30,479
Speaker 3: have a chat about whether he is actually, I don't

1678
01:18:30,479 --> 01:18:32,360
Speaker 3: even know hasn't even gone public yet. I don't even

1679
01:18:32,360 --> 01:18:33,960
Speaker 3: know if it's going public yet, whether he's got this

1680
01:18:33,960 --> 01:18:35,720
Speaker 3: big retail job. But anyway, we'll have a chat to

1681
01:18:35,760 --> 01:18:37,920
Speaker 3: him about it, because that's obviously the purpose of the interview,

1682
01:18:37,960 --> 01:18:40,520
Speaker 3: so we'll see what we can get out of him. Um,

1683
01:18:40,640 --> 01:18:42,840
Speaker 3: Heather read the seven out of ten announcement. If I

1684
01:18:42,920 --> 01:18:45,280
Speaker 3: with the politician selling this, I'd be emphasizing that this

1685
01:18:45,360 --> 01:18:48,400
Speaker 3: investment is insuring against future out of control power increases

1686
01:18:48,439 --> 01:18:51,240
Speaker 3: that hits everybody, not the dollar a week households that

1687
01:18:51,240 --> 01:18:53,000
Speaker 3: will save straight away. By the way, wouldn't be a

1688
01:18:53,040 --> 01:18:55,519
Speaker 3: politician for quids. I don't mean neither pool. None of

1689
01:18:55,560 --> 01:18:58,720
Speaker 3: us want to have to sell this thing now for

1690
01:18:58,800 --> 01:19:02,479
Speaker 3: anyone who thinks, who still believes that events are not important,

1691
01:19:02,520 --> 01:19:04,360
Speaker 3: because you know, we talk about events like state of

1692
01:19:04,360 --> 01:19:06,400
Speaker 3: Origin on the show from time to time, big events

1693
01:19:06,400 --> 01:19:09,759
Speaker 3: at coldplay, whatever, and you get old, the old person,

1694
01:19:09,920 --> 01:19:12,760
Speaker 3: the odd person who texting is yeah, why is this

1695
01:19:12,800 --> 01:19:14,800
Speaker 3: even a big deal? It didn't any matter? Well how

1696
01:19:14,800 --> 01:19:17,400
Speaker 3: about this? Okay? Look at the figures from WOW in

1697
01:19:17,479 --> 01:19:21,960
Speaker 3: Wellington last year generated and estimated thirty two point six

1698
01:19:22,080 --> 01:19:24,839
Speaker 3: million dollars for Wellington, which is the biggest ever economic

1699
01:19:24,880 --> 01:19:28,280
Speaker 3: boost to the city from Wow. It attracted more than

1700
01:19:28,320 --> 01:19:30,679
Speaker 3: sixty thousand attendees over the two and a half weeks

1701
01:19:30,680 --> 01:19:33,200
Speaker 3: that it ran, right, so sixty thousand people. More than

1702
01:19:33,240 --> 01:19:35,960
Speaker 3: half of those people were not in Wellington. They came

1703
01:19:36,000 --> 01:19:41,600
Speaker 3: into Wellington for it. So that immediately like, that's hospitality, accommodation,

1704
01:19:41,880 --> 01:19:44,160
Speaker 3: retail that would otherwise not have that money spent on it,

1705
01:19:44,160 --> 01:19:46,280
Speaker 3: because that money would be spent in I don't know, Auckland,

1706
01:19:46,320 --> 01:19:50,080
Speaker 3: Hawks Bay, wherever these people live. The visitors accounted for

1707
01:19:50,120 --> 01:19:53,760
Speaker 3: an estimated sixty nine thousand visitor nights, which you can't

1708
01:19:53,840 --> 01:19:55,919
Speaker 3: you can't sniff at that, right, that has to be reasonable.

1709
01:19:55,960 --> 01:20:00,400
Speaker 3: So anyway, if you see when when the government finally

1710
01:20:00,400 --> 01:20:03,280
Speaker 3: gets around to announcing state of origin, think about that.

1711
01:20:03,280 --> 01:20:05,559
Speaker 3: Think about all the money would bring into Auckland or

1712
01:20:05,760 --> 01:20:08,080
Speaker 3: New Zealand or whatever that wouldn't otherwise be there.

1713
01:20:08,080 --> 01:20:12,400
Speaker 4: Six twenty six, there's no business like show business.

1714
01:20:17,200 --> 01:20:21,960
Speaker 3: The hugely awaited tense Super Bowls been and gone. Of course,

1715
01:20:22,040 --> 01:20:23,880
Speaker 3: that means the part that everybody cares about, which is

1716
01:20:23,880 --> 01:20:26,519
Speaker 3: the halftime show, and I suppose the ads as well.

1717
01:20:26,920 --> 01:20:29,720
Speaker 3: It had huge political undertones. This year, so much so

1718
01:20:29,760 --> 01:20:32,519
Speaker 3: that Turning Point USA, which is the organization the late

1719
01:20:32,680 --> 01:20:35,840
Speaker 3: Charlie Kirk founded, hosted their own halftime show as an

1720
01:20:35,840 --> 01:20:41,640
Speaker 3: alternative for fans. It started off with a patriotic guitar solo.

1721
01:20:44,400 --> 01:20:47,120
Speaker 3: Kid Rock only performed one song under his stage name,

1722
01:20:51,200 --> 01:20:52,960
Speaker 3: and then he went back to his government name and

1723
01:20:52,960 --> 01:20:54,479
Speaker 3: he performed a song as Robert Ritchie.

1724
01:20:55,040 --> 01:20:55,320
Speaker 24: Over.

1725
01:20:55,479 --> 01:20:58,679
Speaker 3: At the official halftime show at Levi Stadium, Bad Bunny

1726
01:20:58,720 --> 01:21:01,759
Speaker 3: was joined by Lady Gagar and Martin for an almost

1727
01:21:01,920 --> 01:21:16,720
Speaker 3: entirely Spanish show Kid and then she finished with the

1728
01:21:16,760 --> 01:21:19,120
Speaker 3: nostalgic D T MF I don't know it as Bad

1729
01:21:19,160 --> 01:21:21,080
Speaker 3: Bunny and his dancers walked out of the stadium with

1730
01:21:21,120 --> 01:21:23,759
Speaker 3: the big screen showing the only thing stronger than Hater's

1731
01:21:23,800 --> 01:21:35,880
Speaker 3: love behind them, so that he had it uses next

1732
01:21:35,920 --> 01:21:36,640
Speaker 3: a greed for him.

1733
01:21:36,720 --> 01:21:46,600
Speaker 1: After that, everything from SMEs to the big corporates, the

1734
01:21:46,760 --> 01:21:51,280
Speaker 1: Business Hour with Heather dupic Al and Mass Insurance and investments,

1735
01:21:51,479 --> 01:21:55,920
Speaker 1: your futures in good hands used talks d be prayer

1736
01:21:56,000 --> 01:21:56,400
Speaker 1: for me.

1737
01:21:58,560 --> 01:22:01,920
Speaker 3: Hard to imagine. It's possible that the business could get worse.

1738
01:22:02,000 --> 01:22:04,240
Speaker 3: This of the Epstein business for Andrew, but apparently it's

1739
01:22:04,240 --> 01:22:07,320
Speaker 3: got worse, there's now evidence that he passed on confidential

1740
01:22:07,320 --> 01:22:10,400
Speaker 3: information from his official work as a you trade on

1741
01:22:10,560 --> 01:22:13,240
Speaker 3: a UK trade en void to Epstein. Basically as soon

1742
01:22:13,240 --> 01:22:15,439
Speaker 3: as the stuff arrived in his zimbox, within about five

1743
01:22:15,479 --> 01:22:17,960
Speaker 3: minutes forward all all the stuff to Jeffrey Epstein. So

1744
01:22:18,000 --> 01:22:19,439
Speaker 3: we'll go to the UK and ten minutes time, just

1745
01:22:19,439 --> 01:22:21,960
Speaker 3: get the latest there. Right now, twenty five away from

1746
01:22:22,000 --> 01:22:24,519
Speaker 3: seven now, it's being reported that former in New Zealand

1747
01:22:24,560 --> 01:22:26,880
Speaker 3: boss Greg Foran is about to be appointed as the

1748
01:22:26,920 --> 01:22:29,880
Speaker 3: new boss of US grocery giant Kroger. Kroger is the

1749
01:22:29,920 --> 01:22:32,320
Speaker 3: second largest grocer in the world, with more than a

1750
01:22:32,400 --> 01:22:35,160
Speaker 3: thousand stores nationwide, and Gregor's with us right now.

1751
01:22:35,160 --> 01:22:37,760
Speaker 27: Greg, Hello, Hi there, how are you healler?

1752
01:22:37,800 --> 01:22:39,719
Speaker 3: I'm very well, thank you. Is it confirmed yet?

1753
01:22:42,200 --> 01:22:44,840
Speaker 27: It's getting very close. I'm in the airport about to

1754
01:22:44,880 --> 01:22:46,880
Speaker 27: get on a plane to get to New York and

1755
01:22:46,880 --> 01:22:49,639
Speaker 27: then go to Cincinnati. So I think you could assume

1756
01:22:49,720 --> 01:22:51,439
Speaker 27: that there's some truth behind it.

1757
01:22:51,520 --> 01:22:55,360
Speaker 3: Oh fantastic, Well, congratulations on this. This feels like I

1758
01:22:55,400 --> 01:22:57,360
Speaker 3: feel like this is something that you would be well

1759
01:22:57,400 --> 01:23:00,000
Speaker 3: into because you're into the retail, aren't you.

1760
01:23:01,080 --> 01:23:04,400
Speaker 27: I am as well into airlines too, and enjoyed that.

1761
01:23:05,160 --> 01:23:07,519
Speaker 27: I loved being back in New Zealand. And I think

1762
01:23:07,560 --> 01:23:11,120
Speaker 27: Air New Zealand is a real good business, and so

1763
01:23:11,120 --> 01:23:15,400
Speaker 27: so I think as Kroger. So you know, I'm really excited.

1764
01:23:15,960 --> 01:23:18,320
Speaker 3: What's the challenge with Kroger? Is this a turnaround job

1765
01:23:18,360 --> 01:23:18,559
Speaker 3: for you?

1766
01:23:21,439 --> 01:23:24,000
Speaker 27: I think it's probably best to wait until I get

1767
01:23:24,040 --> 01:23:26,280
Speaker 27: there and do the work on it. But you know,

1768
01:23:26,320 --> 01:23:28,599
Speaker 27: it's a It's a business does about one hundred and

1769
01:23:28,600 --> 01:23:33,560
Speaker 27: fifty billion a year. Just over four hundred thousand associates

1770
01:23:33,640 --> 01:23:37,479
Speaker 27: work there. It's got about three thousand stores, multiple brands,

1771
01:23:37,479 --> 01:23:40,320
Speaker 27: so it's going to be complex. It's also got thirty

1772
01:23:40,320 --> 01:23:44,040
Speaker 27: five manufacturing facilities, so I'll help the hands full.

1773
01:23:44,080 --> 01:23:45,719
Speaker 8: But I'm looking forward to great.

1774
01:23:45,520 --> 01:23:47,640
Speaker 3: Be honest with me about something like it struck me

1775
01:23:47,720 --> 01:23:50,840
Speaker 3: that you were a retail guy who got into the

1776
01:23:50,920 --> 01:23:53,920
Speaker 3: Air New Zealand job and may have come up against

1777
01:23:53,960 --> 01:23:56,040
Speaker 3: the thing that most it would seem most Air New

1778
01:23:56,120 --> 01:23:59,479
Speaker 3: Zealand CEOs realized, which is that as a particularly complex job.

1779
01:23:59,560 --> 01:24:00,760
Speaker 3: Is that is that what you found?

1780
01:24:03,000 --> 01:24:07,000
Speaker 27: I think probably running any airline as complex, I think

1781
01:24:07,040 --> 01:24:12,000
Speaker 27: my timing was impeccable. Together to begin sort of day

1782
01:24:12,040 --> 01:24:15,960
Speaker 27: one with COVID, and then no sooner we got through COVID.

1783
01:24:16,000 --> 01:24:18,240
Speaker 27: We had a pretty long lockdown, and no sooner we

1784
01:24:18,320 --> 01:24:20,960
Speaker 27: got through that. We had a pretty quick startup, and

1785
01:24:21,080 --> 01:24:22,960
Speaker 27: no sooner had we got with that. We've been dealing

1786
01:24:23,000 --> 01:24:25,920
Speaker 27: with engine challenges. But you know, I think full credit

1787
01:24:26,520 --> 01:24:28,800
Speaker 27: to the entire team, and I look at what they're

1788
01:24:28,840 --> 01:24:31,519
Speaker 27: doing now and hats off to them. They're dealing with

1789
01:24:31,640 --> 01:24:35,880
Speaker 27: macro issues, micro issues. They're managing that well. So I

1790
01:24:35,920 --> 01:24:38,280
Speaker 27: think my timing was intechnable. But can I tell you

1791
01:24:38,479 --> 01:24:40,960
Speaker 27: I am really pleased I came back and did the gig.

1792
01:24:41,439 --> 01:24:45,759
Speaker 27: Why because it's made me a better reader.

1793
01:24:46,479 --> 01:24:47,000
Speaker 3: Yeah.

1794
01:24:47,280 --> 01:24:49,479
Speaker 27: I've had to learn some new things. I've had to

1795
01:24:49,560 --> 01:24:52,479
Speaker 27: deal with some issues that I would never eir have

1796
01:24:52,640 --> 01:24:54,559
Speaker 27: ever have had to deal with when I was at

1797
01:24:54,560 --> 01:24:57,760
Speaker 27: Walmart or Willworth, And that puts me in a much

1798
01:24:57,800 --> 01:25:00,120
Speaker 27: better position, I think, to do a better job.

1799
01:25:00,200 --> 01:25:00,599
Speaker 4: Kroger.

1800
01:25:00,720 --> 01:25:02,559
Speaker 3: Yeah, Well, what doesn't break you does make you stronger.

1801
01:25:02,680 --> 01:25:06,280
Speaker 3: Right now, now that you're leaving, right, can would you

1802
01:25:06,320 --> 01:25:07,720
Speaker 3: be prepared to give me a little bit of an

1803
01:25:07,760 --> 01:25:09,519
Speaker 3: objective view of what you think is going on with

1804
01:25:09,560 --> 01:25:12,519
Speaker 3: our supermarket situation here, our retail situation and what we

1805
01:25:12,560 --> 01:25:14,599
Speaker 3: need to actually do and whether there is any hope

1806
01:25:14,600 --> 01:25:15,639
Speaker 3: of getting a third entrant.

1807
01:25:17,200 --> 01:25:20,559
Speaker 27: You know, it's an interesting question. I had not spent

1808
01:25:20,640 --> 01:25:22,680
Speaker 27: a lot of time studying it. What I will tell

1809
01:25:22,720 --> 01:25:27,640
Speaker 27: you was that the country was five million people, which is,

1810
01:25:28,120 --> 01:25:31,479
Speaker 27: you know, really smaller than with Sydney these days. It's

1811
01:25:31,520 --> 01:25:35,559
Speaker 27: pretty hard to think that a large player is going

1812
01:25:35,600 --> 01:25:40,560
Speaker 27: to come in and create a third supermarket that potentially,

1813
01:25:40,680 --> 01:25:42,600
Speaker 27: in order to work well, would need to get to

1814
01:25:42,640 --> 01:25:47,680
Speaker 27: about fifteen percent market shared. So it's really to do

1815
01:25:47,800 --> 01:25:51,439
Speaker 27: with scale more than anything else. And that's just the

1816
01:25:51,479 --> 01:25:52,679
Speaker 27: reality of New Zealand.

1817
01:25:53,960 --> 01:25:57,280
Speaker 3: Do you think that I'm assuming that you're going to

1818
01:25:57,280 --> 01:25:59,360
Speaker 3: be relocating obviously to the States to do this job

1819
01:25:59,360 --> 01:26:01,400
Speaker 3: and take your family with you. Do you think that

1820
01:26:01,479 --> 01:26:03,640
Speaker 3: there is something that we should be considering as a

1821
01:26:03,720 --> 01:26:07,280
Speaker 3: nation to keep our brightest young people here and people

1822
01:26:07,360 --> 01:26:09,519
Speaker 3: like yourselves wanting to come back and raise kids here.

1823
01:26:11,000 --> 01:26:15,439
Speaker 27: Well, I think every country needs that. I think if

1824
01:26:15,439 --> 01:26:19,160
Speaker 27: you're in charge of INDIEAU, you'll worry about it. If

1825
01:26:19,160 --> 01:26:21,800
Speaker 27: you're in charge of the UK. I've just spent some

1826
01:26:21,880 --> 01:26:24,200
Speaker 27: time in Europe. I know that country is over there,

1827
01:26:24,280 --> 01:26:28,479
Speaker 27: worry about it. So you know something which makes a difference.

1828
01:26:28,479 --> 01:26:30,320
Speaker 27: It's the quality of your people, and you want to

1829
01:26:30,360 --> 01:26:32,559
Speaker 27: hold on to your best and brighters as long as

1830
01:26:32,560 --> 01:26:35,720
Speaker 27: you possibly can, appreciating that sometimes there are going to

1831
01:26:35,720 --> 01:26:37,800
Speaker 27: be opportunities so to see that people are going to

1832
01:26:37,800 --> 01:26:38,400
Speaker 27: want to pursue.

1833
01:26:38,560 --> 01:26:40,360
Speaker 3: Yeah, do you think that part of the problem here

1834
01:26:40,360 --> 01:26:42,639
Speaker 3: at the moment with the brain train? And I'm talking

1835
01:26:42,680 --> 01:26:44,720
Speaker 3: about the younger people rather than yourself, because Jesus is

1836
01:26:44,720 --> 01:26:46,960
Speaker 3: a job you definitely should go for. But do you

1837
01:26:46,960 --> 01:26:48,600
Speaker 3: think that part of the problem is the loss of

1838
01:26:48,600 --> 01:26:49,679
Speaker 3: hope by young people?

1839
01:26:51,479 --> 01:26:51,799
Speaker 21: Oh?

1840
01:26:51,840 --> 01:26:56,040
Speaker 27: Look, I'm not close enough to answer that. I've got

1841
01:26:56,080 --> 01:26:59,439
Speaker 27: too much younger children, and so they're well ensconced in

1842
01:26:59,560 --> 01:27:03,519
Speaker 27: doing what you're doing, which is improving their education. You know,

1843
01:27:03,600 --> 01:27:06,400
Speaker 27: I think any country is looking to create a degree

1844
01:27:06,400 --> 01:27:11,240
Speaker 27: of swagger in what they do, and that doesn't necessarily

1845
01:27:11,360 --> 01:27:13,400
Speaker 27: mean that you have to be the biggest, but you

1846
01:27:13,479 --> 01:27:15,080
Speaker 27: do want to be able to say that you're the

1847
01:27:15,080 --> 01:27:17,599
Speaker 27: best at some things, and I think that's important.

1848
01:27:17,680 --> 01:27:19,479
Speaker 3: Yeah, that's a fair point. Now, do you want to

1849
01:27:19,520 --> 01:27:21,439
Speaker 3: tell me who you're flying or is that just is

1850
01:27:21,479 --> 01:27:22,400
Speaker 3: that just being a traitor?

1851
01:27:23,439 --> 01:27:26,680
Speaker 27: No, I'm absolutely I'm on in New Zealand heading to

1852
01:27:27,120 --> 01:27:30,040
Speaker 27: JFK and one side land there I'll be jumping on

1853
01:27:30,080 --> 01:27:32,960
Speaker 27: a plane and flying down to Cincinnati where it is

1854
01:27:33,000 --> 01:27:38,000
Speaker 27: a barney and I checked before minus twelve degrees, So

1855
01:27:38,479 --> 01:27:38,840
Speaker 27: there you go.

1856
01:27:39,320 --> 01:27:41,240
Speaker 3: Look after yourself. Greg. It's lovely to chat to you,

1857
01:27:41,240 --> 01:27:42,519
Speaker 3: and congratulations on the job.

1858
01:27:42,520 --> 01:27:45,920
Speaker 27: A thank you very much. You have a great time here.

1859
01:27:46,160 --> 01:27:46,720
Speaker 27: We'll talk so.

1860
01:27:46,760 --> 01:27:48,719
Speaker 3: Okay, mate, look after yourself. That's Greg four and former

1861
01:27:48,760 --> 01:27:52,160
Speaker 3: in New Zealand CEO New Kroger CEO nineteen away from seven.

1862
01:27:53,120 --> 01:27:56,599
Speaker 3: Ever do the the reason I was asking Greg about

1863
01:27:57,040 --> 01:27:58,599
Speaker 3: what we could be doing as a country a little

1864
01:27:58,600 --> 01:28:01,000
Speaker 3: bit better to keep people here is somebody's pointed me

1865
01:28:01,120 --> 01:28:04,880
Speaker 3: to Verity Johnson's article on stuff, and I do enjoy

1866
01:28:04,920 --> 01:28:07,679
Speaker 3: a Verity Johnson article The woman. The woman is blessed

1867
01:28:07,680 --> 01:28:10,559
Speaker 3: with the most amazing ability to write. But this one,

1868
01:28:10,640 --> 01:28:14,800
Speaker 3: how did you describe it? On the text? It's it's

1869
01:28:14,840 --> 01:28:20,479
Speaker 3: deranged but really hilarious, well well described. Mal So what

1870
01:28:20,560 --> 01:28:23,760
Speaker 3: it is is that Verity, Verity's got the headline New

1871
01:28:23,880 --> 01:28:27,240
Speaker 3: Zealand turned into a late middle aged hellscape, and she

1872
01:28:27,400 --> 01:28:29,960
Speaker 3: sort of she lays bare. I think some things about

1873
01:28:30,000 --> 01:28:32,240
Speaker 3: you know, relationships. You're lying in bed with somebody at

1874
01:28:32,240 --> 01:28:34,519
Speaker 3: three am, snoring like a chainsaw, and you're wondering, what

1875
01:28:34,600 --> 01:28:36,639
Speaker 3: the hell, what are we doing together? What's going on here?

1876
01:28:37,040 --> 01:28:39,040
Speaker 3: And she said, this white tonguey weekend, you know, lays

1877
01:28:39,160 --> 01:28:41,080
Speaker 3: is a nice little way of getting into this, this

1878
01:28:41,160 --> 01:28:43,240
Speaker 3: white tannguy weekend. I rolled over and I saw New

1879
01:28:43,320 --> 01:28:45,280
Speaker 3: Zealand clearly for the first time in a long time,

1880
01:28:45,320 --> 01:28:48,400
Speaker 3: and I saw what it is. It is decidedly middle aged,

1881
01:28:48,880 --> 01:28:54,240
Speaker 3: a vanilla lackluster, limp lifeless, bloodless, restless slump of a

1882
01:28:54,320 --> 01:28:57,920
Speaker 3: nation that's snoring through an oncoming crisis like a chainsaw

1883
01:28:57,960 --> 01:29:01,320
Speaker 3: with sleep apnea. One that' stop planning a cool future

1884
01:29:01,360 --> 01:29:04,120
Speaker 3: for us. It stopped thinking about our life together. It

1885
01:29:04,240 --> 01:29:07,479
Speaker 3: stopped caring about anyone under fifty five. For years now,

1886
01:29:07,520 --> 01:29:10,160
Speaker 3: its attitude has been, yeah, that'll be a problem in

1887
01:29:10,200 --> 01:29:11,960
Speaker 3: ten years or so, but I won't be around for that,

1888
01:29:12,000 --> 01:29:13,920
Speaker 3: so I'm just gonna sit back and enjoy being wealthy

1889
01:29:13,960 --> 01:29:16,160
Speaker 3: and sought. It sucks to be young. It's a late

1890
01:29:16,280 --> 01:29:19,799
Speaker 3: middle aged paradise and absolute hell for anyone under fifty

1891
01:29:19,840 --> 01:29:22,599
Speaker 3: five who'll statistically still be alive in twenty five years.

1892
01:29:22,880 --> 01:29:25,400
Speaker 3: We'll still be here when all these decisions, the ones

1893
01:29:25,479 --> 01:29:28,160
Speaker 3: determinedly not being made will come back to bite us

1894
01:29:28,200 --> 01:29:31,599
Speaker 3: in the ass like vengeful grease a geese. Now, Now,

1895
01:29:31,800 --> 01:29:33,760
Speaker 3: the point that veris he is trying to make is

1896
01:29:33,760 --> 01:29:35,479
Speaker 3: a fair point, which is that we don't plan for

1897
01:29:35,520 --> 01:29:37,200
Speaker 3: things or fix things that we really ought to fix.

1898
01:29:37,360 --> 01:29:40,639
Speaker 3: But here's my question. When did we start hating New

1899
01:29:40,720 --> 01:29:42,880
Speaker 3: Zealand as much as we do? What's up with all

1900
01:29:42,920 --> 01:29:45,599
Speaker 3: the spite and hatred of the place, like you open?

1901
01:29:45,680 --> 01:29:47,759
Speaker 3: I mean, I feel like it's a theme in Verity's

1902
01:29:47,800 --> 01:29:50,519
Speaker 3: columns lately, just hating on the place and wanting to leave.

1903
01:29:50,800 --> 01:29:53,599
Speaker 3: You read other people hating on the place, wanting to leave,

1904
01:29:53,760 --> 01:29:56,040
Speaker 3: and of course it is actually acting playing out like that.

1905
01:29:56,040 --> 01:29:58,240
Speaker 3: You got the brain drain going on all But what happened?

1906
01:29:59,040 --> 01:30:01,600
Speaker 3: Why did we start hating this place so much? Is

1907
01:30:01,600 --> 01:30:04,559
Speaker 3: it because? Is it because we're actually really crap and

1908
01:30:04,680 --> 01:30:09,200
Speaker 3: uncle like we do, we actually really genuinely suck or

1909
01:30:09,320 --> 01:30:10,920
Speaker 3: is it just that we're a bit grumpy about what's

1910
01:30:10,960 --> 01:30:15,639
Speaker 3: got fairly like to be fair absolutely deservedly very grumpy

1911
01:30:15,680 --> 01:30:17,840
Speaker 3: about what's going on economically, and so we're just kind

1912
01:30:17,840 --> 01:30:20,720
Speaker 3: of like la like rage writing about it. Is that

1913
01:30:20,760 --> 01:30:22,760
Speaker 3: what's going on? I feel like the hatred for this

1914
01:30:22,800 --> 01:30:24,559
Speaker 3: place is a cool place. Like I think we're being

1915
01:30:24,560 --> 01:30:26,760
Speaker 3: a little ungrateful. It's a bit shite at the moment,

1916
01:30:26,760 --> 01:30:29,120
Speaker 3: absolutely economically, but look, we don't have to eat everything

1917
01:30:29,120 --> 01:30:30,719
Speaker 3: about it. Sixteen away from seven.

1918
01:30:31,920 --> 01:30:34,760
Speaker 1: If it's to do with money, it matters to you.

1919
01:30:35,040 --> 01:30:39,120
Speaker 1: The Business Hour with Heather Duplicy, Allen and Mas Insurance

1920
01:30:39,160 --> 01:30:43,080
Speaker 1: and investments, Your futures in good hands, US Talks.

1921
01:30:43,120 --> 01:30:44,280
Speaker 4: I'd be hither.

1922
01:30:44,360 --> 01:30:46,439
Speaker 3: We're just spoiled as a nation. That's all ask all

1923
01:30:46,439 --> 01:30:48,160
Speaker 3: the migrants, and there's a lot of actually there's a

1924
01:30:48,240 --> 01:30:49,880
Speaker 3: lot of a lot of theory coming through on the

1925
01:30:49,880 --> 01:30:51,200
Speaker 3: text machine. So I'll get to that and I take

1926
01:30:51,280 --> 01:30:54,080
Speaker 3: thirteen away from seven Mike ps UK correspondence with us

1927
01:30:54,080 --> 01:30:57,960
Speaker 3: Alo Mike good evening, How things good, Thank you, Derek

1928
01:30:58,000 --> 01:30:58,960
Speaker 3: and Starmer can survive.

1929
01:31:00,320 --> 01:31:00,519
Speaker 4: Well.

1930
01:31:00,600 --> 01:31:02,400
Speaker 17: What we do know is that he's facing the most

1931
01:31:02,479 --> 01:31:05,040
Speaker 17: challenging week of his leadership so far. There are calls

1932
01:31:05,040 --> 01:31:07,960
Speaker 17: for his resignation and a possible vote of no confidence.

1933
01:31:08,000 --> 01:31:08,160
Speaker 4: Now.

1934
01:31:08,200 --> 01:31:09,880
Speaker 17: At the center of all this, of course, is the

1935
01:31:09,920 --> 01:31:12,200
Speaker 17: fact that he gave Lord Manderson the job of the

1936
01:31:12,280 --> 01:31:15,280
Speaker 17: UK ambassador to the United States. That was in spite

1937
01:31:15,360 --> 01:31:19,320
Speaker 17: of knowing of his dealings with Jeffrey Epstein. Now, in

1938
01:31:19,360 --> 01:31:22,760
Speaker 17: a big development on this one, Morgan McSweeney, his chief

1939
01:31:22,840 --> 01:31:25,559
Speaker 17: of staff, has resigned. He's an affect his right hand man.

1940
01:31:25,880 --> 01:31:29,080
Speaker 17: He says he takes full responsibility for advising the Prime

1941
01:31:29,120 --> 01:31:31,880
Speaker 17: Minister to appoint Mandelson to the job last year, a

1942
01:31:32,000 --> 01:31:35,240
Speaker 17: decision he says now was wrong. He says it's damaged

1943
01:31:35,280 --> 01:31:38,240
Speaker 17: the ruling Labor Party, the country and trust in politics.

1944
01:31:38,320 --> 01:31:40,680
Speaker 17: The story here is, I can tell you explosive. That

1945
01:31:40,800 --> 01:31:43,479
Speaker 17: also comes as a new poll reveals that Starmer has

1946
01:31:43,479 --> 01:31:45,800
Speaker 17: the support of fewer than one in five people in

1947
01:31:45,840 --> 01:31:48,559
Speaker 17: the country. Even some of his own MP's are now

1948
01:31:48,600 --> 01:31:50,960
Speaker 17: saying it's only a matter of time before he pays

1949
01:31:51,000 --> 01:31:51,479
Speaker 17: the price.

1950
01:31:52,200 --> 01:31:53,920
Speaker 3: Do you think it's only a matter of time? I

1951
01:31:53,920 --> 01:31:56,960
Speaker 3: mean is because some are saying this is his last card, right,

1952
01:31:56,960 --> 01:31:58,840
Speaker 3: there's the last guy standing in front of him. He's

1953
01:31:58,840 --> 01:32:01,120
Speaker 3: pushed him out to take the bullets. Next person up

1954
01:32:01,160 --> 01:32:01,759
Speaker 3: as him owner.

1955
01:32:03,000 --> 01:32:05,960
Speaker 17: Well, of course it's early morning time here and the

1956
01:32:05,960 --> 01:32:08,680
Speaker 17: front page of every single newspaper bar and I've just

1957
01:32:08,680 --> 01:32:11,080
Speaker 17: taken a look is like, you know, this is Starmer's

1958
01:32:11,120 --> 01:32:11,599
Speaker 17: last chance.

1959
01:32:11,840 --> 01:32:12,000
Speaker 12: Look.

1960
01:32:12,040 --> 01:32:15,200
Speaker 17: I think the one big issue here potentially is who

1961
01:32:15,240 --> 01:32:18,360
Speaker 17: would take over who is there talk of Angela rain

1962
01:32:18,400 --> 01:32:20,840
Speaker 17: to talk of a number of people. I'm not sure

1963
01:32:20,880 --> 01:32:23,600
Speaker 17: they have the quality and the breadth of people to

1964
01:32:23,840 --> 01:32:26,360
Speaker 17: do that, would you know. I just have to wait

1965
01:32:26,360 --> 01:32:27,680
Speaker 17: and see on that one, I think. But I think

1966
01:32:27,720 --> 01:32:30,080
Speaker 17: that is sort of one of the issues here, the

1967
01:32:30,200 --> 01:32:33,240
Speaker 17: McSweeney resignation. People are saying is that, you know, so

1968
01:32:33,400 --> 01:32:36,040
Speaker 17: that he can take the hit and Star War will survive.

1969
01:32:37,240 --> 01:32:41,400
Speaker 17: But even with some of his own MP's potentially we're

1970
01:32:41,520 --> 01:32:44,400
Speaker 17: voting against him if they're a confidence vote, he could

1971
01:32:44,400 --> 01:32:45,639
Speaker 17: be on a sticky wicket.

1972
01:32:45,680 --> 01:32:47,280
Speaker 3: I think, yeah, you might well be right, all right,

1973
01:32:47,280 --> 01:32:49,320
Speaker 3: what's happened at the Winter Olympics. It's not a good.

1974
01:32:49,200 --> 01:32:53,080
Speaker 17: Sight, no, And obviously, you know, the sport sort of

1975
01:32:53,120 --> 01:32:54,720
Speaker 17: you know, takes a lot of the coverage, but you know,

1976
01:32:55,160 --> 01:32:58,200
Speaker 17: away from the sport, there've been some ugly scenes, I'm afraid,

1977
01:32:58,320 --> 01:33:01,040
Speaker 17: with police clashing the demonstrations. Police in fact had to

1978
01:33:01,120 --> 01:33:03,439
Speaker 17: use tear gas and water cannon in Milan to end

1979
01:33:03,439 --> 01:33:05,880
Speaker 17: the protest. A number of arrests were made. Now it

1980
01:33:05,920 --> 01:33:09,320
Speaker 17: came as ten thousand people protested overclaims the games with

1981
01:33:09,479 --> 01:33:12,160
Speaker 17: damaging the environment and concerns over the cost of living.

1982
01:33:12,479 --> 01:33:15,519
Speaker 17: Some even released fireworks and threw stones at the police,

1983
01:33:16,000 --> 01:33:19,240
Speaker 17: and in another development, an appeal to stop spectators booing

1984
01:33:19,240 --> 01:33:21,680
Speaker 17: the American athletes has had to be made for a

1985
01:33:21,760 --> 01:33:24,919
Speaker 17: second time. The appeal was ignored at the opening ceremony.

1986
01:33:24,920 --> 01:33:27,320
Speaker 17: I think the microphones for the TV and the radio

1987
01:33:27,600 --> 01:33:30,240
Speaker 17: didn't quite get it, but because they were closer to

1988
01:33:30,280 --> 01:33:33,000
Speaker 17: the action. But apparently it did happen. It's over the

1989
01:33:33,080 --> 01:33:35,799
Speaker 17: use of ice immigration officers sent over to help protect

1990
01:33:35,800 --> 01:33:38,360
Speaker 17: those from the US who were taking part.

1991
01:33:38,880 --> 01:33:40,280
Speaker 3: Now, what does crotch gate?

1992
01:33:42,439 --> 01:33:45,559
Speaker 17: Look, this is you know, one of those really really

1993
01:33:45,560 --> 01:33:49,080
Speaker 17: bizarre stories that you ever hear about. I think, look,

1994
01:33:49,080 --> 01:33:50,880
Speaker 17: we've all heard about sort of doping at Olympics and

1995
01:33:50,960 --> 01:33:53,040
Speaker 17: drugs and all that sort of thing. Right, we are

1996
01:33:53,080 --> 01:33:56,520
Speaker 17: told some ski jumpers at the Olympics have been injecting

1997
01:33:56,720 --> 01:34:00,880
Speaker 17: a serum a type of chemical into their genitals artificially

1998
01:34:00,960 --> 01:34:05,400
Speaker 17: increase the size. Now the world anti doping agencies investigating

1999
01:34:05,640 --> 01:34:09,040
Speaker 17: what's being dubbed crotchgate by some. It's been done to

2000
01:34:09,160 --> 01:34:11,880
Speaker 17: enlarge the skin area around the crotch to give ski

2001
01:34:11,960 --> 01:34:15,360
Speaker 17: jumpers greater lift to glide further in the purscuit of

2002
01:34:15,360 --> 01:34:19,479
Speaker 17: gold medals. Now rules were tightened after Norwegians were called

2003
01:34:19,520 --> 01:34:22,800
Speaker 17: adding stitching to the crotch area of their suits during

2004
01:34:22,800 --> 01:34:26,040
Speaker 17: the World Ski Championships last year. There's also been a

2005
01:34:26,120 --> 01:34:28,959
Speaker 17: row over the design of some helmets used for some sports,

2006
01:34:29,200 --> 01:34:31,960
Speaker 17: and he claims they breached the rules they're aimed at

2007
01:34:32,000 --> 01:34:35,439
Speaker 17: giving era dynamic advantages. So obviously that people can go

2008
01:34:35,520 --> 01:34:38,840
Speaker 17: faster and win those medals, right well.

2009
01:34:39,840 --> 01:34:42,280
Speaker 3: Life goals, Mike, life goals? Why not? So I can

2010
01:34:42,280 --> 01:34:46,240
Speaker 3: always I appreciate it, mate, Mike Piers and UK correspondents

2011
01:34:46,240 --> 01:34:50,640
Speaker 3: definitely don't try that one at home. Tin two, it's the.

2012
01:34:50,720 --> 01:34:54,800
Speaker 1: Hitherto for see Alan Drive Full Show podcast on iHeartRadio

2013
01:34:55,000 --> 01:34:56,479
Speaker 1: powered by Newstalg Zibby.

2014
01:34:58,200 --> 01:35:01,000
Speaker 3: Right here we go here the texts hither Verity's column

2015
01:35:01,080 --> 01:35:02,880
Speaker 3: is such a cheap shot. The under fifties have no

2016
01:35:03,000 --> 01:35:04,800
Speaker 3: idea what some boomers did to get them to where

2017
01:35:04,840 --> 01:35:07,439
Speaker 3: they are, a bunch of spoilt brats here. The people

2018
01:35:07,479 --> 01:35:09,840
Speaker 3: need to visit other countries to realize how lucky.

2019
01:35:09,560 --> 01:35:10,080
Speaker 4: We are here.

2020
01:35:10,200 --> 01:35:13,040
Speaker 3: Musmus I couldn't agree more. Lauruses were bloody lucky to

2021
01:35:13,040 --> 01:35:15,360
Speaker 3: live in this beautiful country. Here, they could not agree more.

2022
01:35:16,360 --> 01:35:19,200
Speaker 3: Here the labor destroyed, the society. Country has gone down

2023
01:35:19,240 --> 01:35:21,400
Speaker 3: the gurgles. Ever since, both my children off to Australia

2024
01:35:21,439 --> 01:35:24,479
Speaker 3: with top jobs, New Zealanders left here. Then maybe Verity

2025
01:35:24,479 --> 01:35:27,479
Speaker 3: should roll the other way. Short term fix made, short

2026
01:35:27,560 --> 01:35:30,519
Speaker 3: term fix. The snoring is quiet if you roll the

2027
01:35:30,560 --> 01:35:32,519
Speaker 3: other way. But it's still there, Isn't it what I

2028
01:35:32,560 --> 01:35:35,679
Speaker 3: recommend as a top tail m keep you further away

2029
01:35:35,680 --> 01:35:39,240
Speaker 3: from it? Okay? What about this? Okay, So this is

2030
01:35:39,280 --> 01:35:41,679
Speaker 3: a piece that's been written about why if you actually

2031
01:35:41,720 --> 01:35:44,000
Speaker 3: care about the environment, of course you're allowed to still fly.

2032
01:35:44,160 --> 01:35:46,280
Speaker 3: I mean, life carries on, right, Let's not be like that.

2033
01:35:46,600 --> 01:35:48,559
Speaker 3: You're allowed to fly, But if you do care about

2034
01:35:48,600 --> 01:35:51,040
Speaker 3: the environment, you're like climate change, climate change, climate change.

2035
01:35:51,040 --> 01:35:53,840
Speaker 3: You've got to fly economy because a study has been

2036
01:35:53,840 --> 01:35:56,800
Speaker 3: done in the who's been published in the journal Communications

2037
01:35:56,800 --> 01:36:00,320
Speaker 3: Earth and Environment, and its cites figures that show business

2038
01:36:00,360 --> 01:36:04,479
Speaker 3: and first class seats are up to five times more

2039
01:36:04,600 --> 01:36:08,000
Speaker 3: CO two intensive, as in more emissions per passenger, five

2040
01:36:08,080 --> 01:36:11,879
Speaker 3: times more intensive than economy class seats. They found that increasing.

2041
01:36:12,200 --> 01:36:14,080
Speaker 3: So basically the best thing to do if you want

2042
01:36:14,080 --> 01:36:16,120
Speaker 3: to be super careful, like if a New Zealand and

2043
01:36:16,160 --> 01:36:18,040
Speaker 3: all the other airlines were like, we really care about

2044
01:36:18,040 --> 01:36:20,519
Speaker 3: the environment. What they would do as they'd strip out

2045
01:36:20,520 --> 01:36:22,879
Speaker 3: all the business class seats and the premium in economy

2046
01:36:23,000 --> 01:36:25,000
Speaker 3: and they would jam pack the plane full of economy

2047
01:36:25,000 --> 01:36:27,000
Speaker 3: class seats and then they'd sell all the seats, right like,

2048
01:36:27,040 --> 01:36:29,000
Speaker 3: they wouldn't take that plane off until they got all

2049
01:36:29,040 --> 01:36:32,080
Speaker 3: the seats sold. That way, you'd be burning. You'd be

2050
01:36:32,120 --> 01:36:35,280
Speaker 3: doing the least amount of damage you possibly could. Increasing

2051
01:36:35,320 --> 01:36:38,160
Speaker 3: passenger numbers to the maximum seating configuration for the most

2052
01:36:38,200 --> 01:36:40,439
Speaker 3: efficient aircraft, which is the Airbus three fifty and the

2053
01:36:40,439 --> 01:36:43,679
Speaker 3: Boeing seven eighty seven, would reduce emissions by twenty one

2054
01:36:44,280 --> 01:36:47,879
Speaker 3: to fifty seven percent, assuming no changes in the load factor.

2055
01:36:48,160 --> 01:36:50,439
Speaker 3: That's if you are selling it at eighty percent full, right,

2056
01:36:50,439 --> 01:36:53,040
Speaker 3: that's only eighty percent. For if you then lift the

2057
01:36:53,120 --> 01:36:56,040
Speaker 3: capacity like occupancy in the plane to ninety five percent,

2058
01:36:56,200 --> 01:36:59,479
Speaker 3: there's a further sixteen percent reduction in emissions. Now you're going,

2059
01:36:59,520 --> 01:37:02,240
Speaker 3: why are you telling me this, Heather? Why I am

2060
01:37:02,320 --> 01:37:04,640
Speaker 3: telling you is that next time you see Chloe and

2061
01:37:04,760 --> 01:37:07,280
Speaker 3: business class on the way to London, you lean over

2062
01:37:07,360 --> 01:37:11,280
Speaker 3: and you go, you should be an economy girl, just saying.

2063
01:37:11,280 --> 01:37:13,840
Speaker 2: Ants, I bet if they put more seats on the plane.

2064
01:37:13,880 --> 01:37:14,400
Speaker 2: Light that as well.

2065
01:37:14,439 --> 01:37:16,439
Speaker 18: The ticket price would go down a bit as well.

2066
01:37:16,439 --> 01:37:19,600
Speaker 18: But yeah, I've got a sad one to finish us

2067
01:37:19,600 --> 01:37:23,120
Speaker 18: off tonight. Unfortunately, the drummer and the lead singer of

2068
01:37:23,200 --> 01:37:27,160
Speaker 18: Three Doors Down, the American alternative rock band, Brad Arnold,

2069
01:37:27,160 --> 01:37:30,800
Speaker 18: has unfortunately died. We only found out in May last

2070
01:37:30,840 --> 01:37:33,439
Speaker 18: year that he was advanced. He was diagnosed with advanced

2071
01:37:33,520 --> 01:37:35,960
Speaker 18: kidney cancers. So he has died at the age of

2072
01:37:36,040 --> 01:37:39,200
Speaker 18: forty seven. He did died peacefully, surrounded by loved ones,

2073
01:37:39,200 --> 01:37:43,000
Speaker 18: including his wife Jennifer. Latterly, this was Three Doors Down's

2074
01:37:43,000 --> 01:37:44,719
Speaker 18: biggest song in New Zealand.

2075
01:37:44,760 --> 01:37:46,559
Speaker 2: It wasn't their biggest song elsewhere. But this got to

2076
01:37:46,640 --> 01:37:49,160
Speaker 2: number ten back in the day and is not kryptonite.

2077
01:37:49,320 --> 01:37:51,479
Speaker 18: No, it isn't krypton. I only got to number thirteen.

2078
01:37:51,600 --> 01:37:54,120
Speaker 18: This got to number ten. And you'll remember that Jason

2079
01:37:54,160 --> 01:37:57,280
Speaker 18: Pine has this this on his like third.

2080
01:37:57,080 --> 01:38:00,200
Speaker 2: Place last year. So something about this just spoke to

2081
01:38:00,280 --> 01:38:01,280
Speaker 2: us in New Zealand.

2082
01:38:01,320 --> 01:38:07,400
Speaker 18: And I don't know why get one here without you.

2083
01:38:05,640 --> 01:38:08,360
Speaker 3: See I I can't help but feel a bit of

2084
01:38:08,360 --> 01:38:10,280
Speaker 3: disappointment right now because I thought you were going to

2085
01:38:10,320 --> 01:38:13,880
Speaker 3: go with Englebert and Hamper Day, Right, have you not

2086
01:38:13,920 --> 01:38:14,479
Speaker 3: seen the news?

2087
01:38:14,520 --> 01:38:16,240
Speaker 2: I haven't seen it all.

2088
01:38:16,320 --> 01:38:19,559
Speaker 3: You haven't because it's not You're not the target audience.

2089
01:38:20,000 --> 01:38:22,120
Speaker 3: He's coming here later this year.

2090
01:38:22,280 --> 01:38:24,000
Speaker 2: Do you know how much happier?

2091
01:38:24,120 --> 01:38:24,320
Speaker 7: Yeah?

2092
01:38:24,640 --> 01:38:27,080
Speaker 3: What hates happier? Because do you know how old he

2093
01:38:27,160 --> 01:38:27,679
Speaker 3: is in May?

2094
01:38:28,439 --> 01:38:31,200
Speaker 2: How old is he were humbling turning in May ninety?

2095
01:38:32,040 --> 01:38:33,720
Speaker 18: Or is it going to be a good show if

2096
01:38:33,760 --> 01:38:35,320
Speaker 18: he's nine to hard to know?

2097
01:38:35,840 --> 01:38:38,200
Speaker 3: Hard to know? It's a good question. You asked, all right,

2098
01:38:38,320 --> 01:38:40,400
Speaker 3: you enjoy you eating, We'll be back with you tomorrow.

2099
01:38:40,520 --> 01:38:43,479
Speaker 3: And he's still said, big, We're still with me.

2100
01:38:47,560 --> 01:38:48,840
Speaker 12: It's a girl.

2101
01:39:10,840 --> 01:39:14,000
Speaker 1: For more from Hither Duplessy Alan Drive, listen live to

2102
01:39:14,120 --> 01:39:17,120
Speaker 1: news talks it'd be from four pm weekdays, or follow

2103
01:39:17,160 --> 01:39:18,960
Speaker 1: the podcast on iHeartRadio