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Speaker 1: The only drive show you can trust to ask the questions,

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Speaker 1: get the answers by the facts and give the analysis.

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Speaker 1: Jack Tame on Heather Duplessy allan drive with One New Zealand.

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Speaker 2: Let's get connected News Talk zaid B.

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Speaker 3: News Talks DV. You were Jack Tame in for Heather.

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Speaker 3: A red rain warning is something that the southeastern parts

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Speaker 3: of the South Island have never experienced before until today.

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Speaker 3: Civil Defense says people need to be on high alert.

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Speaker 3: They're already putting out the sandbags around duneed and we're

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Speaker 3: going to take you there after five for the very

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Speaker 3: latest as that rain passes through. It looks like it

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Speaker 3: could be very, very very tricky. Indeed, as well as

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Speaker 3: that great numbers coming out of New Zealand Police with

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Speaker 3: new recruits looking to train as New Zealand Police officers.

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Speaker 3: Of course the government has that target five hundred additional officers.

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Speaker 3: They've seen a massive surge in the number of Kiwis

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Speaker 3: who want to become police officers. So we're going to

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Speaker 3: go to police after five o'clock as well. Right now

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Speaker 3: it is eight minutes past four, Jack tam so, I

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Speaker 3: was speaking just as you do with a couple of

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Speaker 3: millennial slash gen Z colleagues today about superannuation, of all things,

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Speaker 3: and what immediately became clear is that none of us

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Speaker 3: have any great faith that superannuation is going to be

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Speaker 3: there for us in the same form as it has

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Speaker 3: for generations before us. I'm twenty eight years off superannuation

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Speaker 3: at sixty five. As it stands, I just don't feel

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Speaker 3: that confident that superannuation is going to come at sixty five.

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Speaker 3: Nikola Willis said in the mood of the boardroom today

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Speaker 3: that she wants to have a serious conversation with her

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Speaker 3: political opponents about the viability and settings for superannuation going forward.

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Speaker 3: And look, no one is suggesting that we scrap super

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Speaker 3: No one's suggesting it shouldn't be available for those who

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Speaker 3: already receive it, But were they very well publicized, very

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Speaker 3: well signaled, very well illustrated aging population leaving superannuation settings

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Speaker 3: and eligibility untouched is going to be increasingly burdensome on

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Speaker 3: a relatively smaller working population. Now, there are some economists

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Speaker 3: who think we can still afford super in its current

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Speaker 3: form or something very similar to it going forward, But

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Speaker 3: the affordability problem isn't just the actual fortnightly benefit payments,

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Speaker 3: and yes, superannuation is a benefit. The problem is when

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Speaker 3: you combine the increasing growing SUPER bill with the inevitable

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Speaker 3: surge in healthcare funding. Think about it. Healthcare costs are

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Speaker 3: at their highest near the end of life, and the

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Speaker 3: older we get as a population, the more expensive our

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Speaker 3: healthcare becomes. So I agree with the Finance Minister we

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Speaker 3: do need a tough conversation about super. I also think

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Speaker 3: we are well overdue a good review of key we

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Speaker 3: SABER settings and whether our contribution rates as they stand

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Speaker 3: are anything like what will be required to supplement a

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Speaker 3: comfortable retirement in the future. And actually I think you

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Speaker 3: have to broaden out the tough conversation. As Treasury laid

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Speaker 3: out in simple, stark detail last week, New Zealand has

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Speaker 3: a structural deficit. We are consistently borrowing to cover the

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Speaker 3: cost of government spending. Even if these were normal economic times,

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Speaker 3: according to Treasury, New Zealand would still be in deficit.

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Speaker 3: So if we want the kinds of services that New

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Speaker 3: Zealanders have come to enjoy, and we want to continue

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Speaker 3: accessing those services with an older population, you can add

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Speaker 3: broader spending priorities, debt, productivity, drivers, and yes, tax and

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Speaker 3: revenue settings to the harder conversations lists. Jack two ninety

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Speaker 3: two is the text number, Jacket newstook zb dot co

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Speaker 3: dot in zet is my email address. Don't forget that

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Speaker 3: standard text costs apply if you're getting in touch. Police

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Speaker 3: have disrupted and arrested a teenager over a smishing scam.

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Speaker 3: I've never heard of the term either. Smashing users technology

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Speaker 3: never seen in New Zealand ever before. It involves sending

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Speaker 3: fraudulent text messages that are pretending to be from places

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Speaker 3: like banks in order to trick people into sending into

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Speaker 3: sharing sensitive information. So the device in this case is

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Speaker 3: believed to have sent thousands of scam text messages, including

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Speaker 3: about seven hundred texts in one night. Tom Roberts is

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Speaker 3: the National Cyber Security Center's team lead for threat and

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Speaker 3: Incident response and is with us this evening. CALDO, Good evening, Jack,

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Speaker 3: How are you? Yeah, very well, thanks. I'd never heard

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Speaker 3: of smissing until right now. So how does this technology work.

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Speaker 4: It's quade an odd term, isn't it. It's something that yeah,

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Speaker 4: for the first time we've seen the So what it

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Speaker 4: does is a tower, faked tower tricks your phone through

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Speaker 4: four G, five G down to two G where there's

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Speaker 4: a lack of sort of mutual authentication and encryption, and

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Speaker 4: then it will blast out if a messages to whoever,

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Speaker 4: and they can the people that are making thesees can

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Speaker 4: basically put whatever they want in there. It could have

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Speaker 4: no links, it could have to be full of links.

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Speaker 4: But yeah, they get their money through pretending to be

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Speaker 4: something authentic.

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Speaker 3: So they basically send out heaps and heaps of spam

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Speaker 3: texts and scam texts. Then they wait for a response

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Speaker 3: hope that they're able to elicit personal information from those responses.

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Speaker 4: Yeah, and worryingly, what you can do with these sms

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Speaker 4: blasting attacked is that you can pretend to be a

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Speaker 4: shortcut so you know, a tailco number one of the

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Speaker 4: ones band.

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Speaker 3: Yeah, so instead of saying from from to seven six

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Speaker 3: four four three nine eight seven, it says from one

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Speaker 3: four zero four. So it looks kind of professional.

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Speaker 4: Looks very professional, hard to distinguish, and then you click

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Speaker 4: on the link saying, oh, well help, maybe my insurance

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Speaker 4: is dull or whatever, and good on the insurance company

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Speaker 4: or bank for getting in contact with Maybe all of

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Speaker 4: a sudden, you're entering in your details for someone to steal.

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Speaker 3: How hard is it to get your hands on tech

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Speaker 3: like this?

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Speaker 4: Well, it's if you know how to do it, you

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Speaker 4: can get it.

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Speaker 3: So you're not going to tell us how to do it.

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Speaker 3: That wouldn't be very nice.

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Speaker 4: I don't think the employe would be too happy about that.

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Speaker 4: The Internet's a big place. So yeah, someone that wants

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Speaker 4: to has for the inclination to do so, can do it.

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Speaker 4: I would say that it's exceptionally easy to see, and

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Speaker 4: that's why DIA police has been able to be so

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Speaker 4: quick on this. They've really done a fantastic job at

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Speaker 4: shoving this down quickly.

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Speaker 3: How do you identify it?

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Speaker 4: The telcos and DIA and the banks anomalies and the

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Speaker 4: reports going through to them, and then they're able to see, oh,

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Speaker 4: actually there's a fake cell tower that keeps on popping up,

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Speaker 4: and then you know, you can just sort of follow

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Speaker 4: your nose.

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Speaker 3: Right, Okay, So a nineteen year old is believed to

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Speaker 3: have been behind these text messages and is going through

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Speaker 3: the legal proceedings at the moment. Do you need to

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Speaker 3: be technically literate in order to use this kind of technology?

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Speaker 4: Yeah you do. Yeah, you do have to be quite

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Speaker 4: technically literate, and yeah, Ue quite young to be that

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Speaker 4: technically literate. It's something that typically the knowledge exists within

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Speaker 4: the telecommunications a radio spectrum community. But yeah, it is

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Speaker 4: available and obviously as person has found it and tried

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Speaker 4: to make best use of it unsuccessfully.

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Speaker 3: Yeah, okay, I'm going to give you an opportunity just

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Speaker 3: to do the PSA. Then if you get a text

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Speaker 3: asking some personal information, even if it looks official from

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Speaker 3: something like one for zero four, what do you do, Tom?

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Speaker 4: Yeah, you don't click the link. Don't click the link.

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Speaker 4: Report it to DIA on seventy seven two six. I think, yes,

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Speaker 4: don't with it. They'll stop it and you'll be reflected.

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Speaker 3: Yeah, very good, Thanks for your time, Tom. That is

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Speaker 3: Tom Roberts, who is the team lead for Threat and

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Speaker 3: Incident Response at the National Cyber Security Center. He's got

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Speaker 3: a long business card. Indeed, thank you for your feedback.

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Speaker 3: Heads and heat to text already, Jack, I'm sixty nine

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Speaker 3: years old. I believe a couple of my friends got

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Speaker 3: super at least a couple of years too early. They're

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Speaker 3: still going strong. I'm sure they are still going strong.

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Speaker 3: The thing is that it's very hard to have one

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Speaker 3: roll for everyone. Right, So it's not easy to say

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Speaker 3: that everyone's necess hearing in the same neck. At sixty five,

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Speaker 3: William says Jack, I'm a financial advisor and retirement planner.

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Speaker 3: I was pro putting the age up until seeing the

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Speaker 3: Retirement Commissioner speak last night. Her rationale for no change

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Speaker 3: makes a lot of sense. Yeah, it's interesting. Jane Ritson

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Speaker 3: does make a really good argument. My concern though, when

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Speaker 3: it comes to the affordability of super like, I say,

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Speaker 3: isn't simply over the payments themselves. It's not the money

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Speaker 3: that goes out every fortnight to super innuitants. It's the

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Speaker 3: combination of that fiscal burden with what is inevitably going

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Speaker 3: to be a massive surge in health spending because older

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Speaker 3: people cost more money to treat and we are going

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Speaker 3: to have way more older people as a percentage of

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Speaker 3: our population. Ninety two ninety two is the text number

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Speaker 3: before five o'clock. And to give you details on the

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Speaker 3: plans the government is getting NZTA to consider when it

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Speaker 3: comes to introducing new tolls before the end of this

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Speaker 3: political term. Right now at sixteen past.

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

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

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Speaker 1: business us talk it be sport with tab get your

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Speaker 1: bet on our eighteen bet responsibly do it and Jack.

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Speaker 5: If you're thinking of it. This sailing Louis for time.

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Speaker 5: We're getting to the very pointed end now Friday night,

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Speaker 5: Saturday morning. It's it's almost it's a final if you will.

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Speaker 5: It looks like Jimmy Spittle, who we all love to hate,

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Speaker 5: and Luna Rossa could be curtains and heos. Pretend you

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Speaker 5: want too in the bounce last night, which means only

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Speaker 5: one race win from winning Luis vir Time and then

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Speaker 5: having the right to take on Team New Zealand become

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Speaker 5: America's Cup. Now wish their favorites one thirteen If you

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Speaker 5: fancy a bit of a stretch.

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Speaker 6: We know what Spittle is like.

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Speaker 5: What if they lose every racer now on and that's

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Speaker 5: what they have to do in the OLSA. But Spittle,

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Speaker 5: if you're mad, is playing five bucks. Member is R eighteen,

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Speaker 5: So do bet responsibly.

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Speaker 3: Very good. Sixteen. All Blacks have been released for NPC duty.

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Speaker 2: It sounds like.

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Speaker 5: They're being kept in captivity when you say it like that.

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Speaker 3: They've taken the you go.

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Speaker 6: That's it.

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Speaker 5: Be careful trying to eat too much raw meat. It's important,

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Speaker 5: plainly for two reasons. One reason, a lot of these

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Speaker 5: guys haven't really played, so they've got to get there

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Speaker 5: and and and bly but to steam off. Secondly, it's

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Speaker 5: really good for the competition to see some of these

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Speaker 5: guys back, because when you go back to these little

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Speaker 5: games and I can be playing it, they're not this time,

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Speaker 5: but cannby playing out that angy order and you stand

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Speaker 5: there and there's fairwise you and me right now, and

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Speaker 5: you can see them, and that is that idolization you

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Speaker 5: get from the younger folk out there. Even the middle

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Speaker 5: aged guys are still playing.

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Speaker 6: It's it's big.

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Speaker 5: Yeah, man, he's just like me.

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Speaker 6: I can do that.

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Speaker 5: Look he stinks, he's a bit hairy, he's got a scarf.

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Speaker 3: Thinky are you pointing at me when you say this?

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Speaker 5: No, I'm just making vague gesture.

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Speaker 3: Top of my hands.

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Speaker 5: And I think we're all looking forward to see can

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Speaker 5: Roy Guard survive. That's the main thing, the main thing.

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Speaker 5: Get out there, don't break please whatever you do, and tears.

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Speaker 5: They've got a whole lot of rock stars coming back.

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Speaker 3: Not they need them. Last night.

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Speaker 5: Yeah, yeah, yeah, they defended their shield and they'll keep

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Speaker 5: doing it up against Tyrannica.

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Speaker 3: That was pretty look pretty unpleasant last night, and we asked,

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Speaker 3: as much as I love tra Fogo, park I thought, oh,

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Speaker 3: it looks like a very wet well, it's kind of

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Speaker 3: early spring.

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Speaker 5: That's what you expect right there.

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Speaker 3: So we have a keiwe fighting for a world boxing

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Speaker 3: title tomorrow night.

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Speaker 5: His name is Andrea Mikaylovich and he is quite aggressive

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Speaker 5: and very good at what he does. And this is

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Speaker 5: a fight that was supposed to be held a month

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Speaker 5: ago in Las Vegas, but Jabick, the guy who he's fighting,

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Speaker 5: he didn't make weight, He didn't make the cart, so

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Speaker 5: they had to postpone and slow the match down. So

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Speaker 5: Andre and Peach, that's his coach, ies out. Peach plainly

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Speaker 5: feilthy about that, But how do we had a twenty

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Speaker 5: eight days twenty nine days? The fights on Mia Motu

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Speaker 5: is also on the card. It's a co main event,

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Speaker 5: so two qiwi over there having an absolute crack the

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Speaker 5: faith that this guy has in his own ability, which

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Speaker 5: is not unusual when you look at boxes, because if

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Speaker 5: you don't have faith in what you do, when you

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Speaker 5: go out there.

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Speaker 6: It's not a game.

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Speaker 3: Yeah, you don't play boxing O.

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Speaker 5: No, No, it's serious, and it's on tomorrow night. It's

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Speaker 5: pay per view. And I've had a wee bit to

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Speaker 5: do with this guy since he burst onto the scene,

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Speaker 5: a lot of time for what he does and who

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Speaker 5: he is and how he fights. I thought that initially

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Speaker 5: he tried to unload everything all in the first thirty seconds,

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Speaker 5: which is not ideal. And I think that he's honed

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Speaker 5: his game somewhat now. But this guy that he's fighting

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Speaker 5: is a world champ, and he's a world champ for

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Speaker 5: a reason. So he's definitely going to meet somebody that

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Speaker 5: he's not going to have his number. What he might,

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Speaker 5: he never know. So looking forward to that one, and

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Speaker 5: he'll be joining Sports Talk around about quarter to eight

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Speaker 5: tonight to talk about it the way it happened, only

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Speaker 5: about an hour and ago. And both fighters rome and underweight,

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Speaker 5: so they're fine.

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Speaker 3: Okay, that's all good, very good, very good. Looking forward

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Speaker 3: to that, Thank you, sir. Darcy Waldergove will be all

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Speaker 3: with us for Sports Talk this evening behind the mic

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Speaker 3: from seven o'clock Jack regarding the young man and this

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Speaker 3: alleged scamming. Instead of ruining this young person's life in

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Speaker 3: the court, let's get him hooked up with an IT company.

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Speaker 3: He's obviously got talent.

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Speaker 6: Jack.

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Speaker 3: Regarding superannuation, stop picking on super It costs less than

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Speaker 3: the benefits paid out to the lazy who refused to work.

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Speaker 3: How about looking at those is Phil? Well, Phil, I

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Speaker 3: have just done the numbers for you. Superannuation costs are

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Speaker 3: about four times higher, off the top of my head

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Speaker 3: than job seeker support, maybe even more so. Yeah, superannuation

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Speaker 3: in terms of wealthier benefits in New Zealand, and yes,

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Speaker 3: superannuation is considered well for you. It is many, many, many,

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Speaker 3: many many times more expensive for New Zealand than job

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Speaker 3: seeker support, which is not an argument for scraping it necessarily.

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Speaker 3: But yeah, thank you for your feedback. Nonetheless ninety two

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Speaker 3: ninety two If you want to send us the message,

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Speaker 3: it's twenty three past four.

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Speaker 1: The day's newsweakers talk to Jack first, Jack dame On,

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Speaker 1: Heather Duplessy Alan drive with one New Zealand.

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Speaker 2: Let's get connected news.

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Speaker 3: Talk instead, be twenty six past four on news talks.

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Speaker 3: He'd be Jack, get off. The super case is a thing.

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Speaker 3: Called the Color Fund, which is for the very purpose

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Speaker 3: of bolstering the superannuation. Yes, the superfund is useful. You

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Speaker 3: may remember that we decided to pause some of the

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Speaker 3: payments into the super fund there for several years, so

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Speaker 3: it's not nearly as plump as it might have been.

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Speaker 3: Certainly won't be enough to cover the demographic changes if

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Speaker 3: eligibility doesn't change. Jack, don't forget Martin pacifica on average

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Speaker 3: diet earlier than other ethnicities, so raising the superage will

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Speaker 3: mean that they will miss out more than everyone else.

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Speaker 3: And Jack, your lack of knowledge in the superspace is astounding.

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Speaker 3: I'm eight months off sixty five. I started my working

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Speaker 3: life at the age of fifteen. One thing that has

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Speaker 3: consistently changed in my life is super No problem with that.

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Speaker 3: The thing that grinds my gears is yours and the

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Speaker 3: generation below seem to think there has been very little change.

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Speaker 3: Did I not start the show and say that I

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Speaker 3: think we do need to have a hard conversation about superannuation.

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Speaker 3: That was exactly my point. But thank you very much,

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Speaker 3: Grant ninety ninety two. If you want to send us

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Speaker 3: a message before five o'clock'll get the latest on the

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Speaker 3: Middle East, Israel still vowing to respond after Iran fired

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Speaker 3: missiles at Israel in response to Israel's incursion into Lebanon.

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Speaker 3: We'll get you the details on that. News is next

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Speaker 3: though on news talks edb.

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Speaker 1: The man you trust to get the answers you need,

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Speaker 1: Jack tame On, hither duples see Alan drive with one

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Speaker 1: New Zealand.

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Speaker 2: Let's get connected and news talk as sid.

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Speaker 3: B exku Storks'd be you with Jack taim Interesting numbers

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Speaker 3: from the census data dump today or nothing like a

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Speaker 3: big release from Statistics New Zealand to get the blood

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Speaker 3: pressure up. A couple of things. Though you know you've

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Speaker 3: got all your normal population stuff blah blah blah, but

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Speaker 3: a couple of interesting things stuck out to me. So

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Speaker 3: first of all, it's the first time we've had data

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Speaker 3: on gender and sexual identity, so this may not be

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Speaker 3: a huge surprise to people. But New Zealand's city that

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Speaker 3: has the highest percentage of people who identify as being

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Speaker 3: in the lgbt QIA plus community is Wellington. That's also

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Speaker 3: the city that has the highest number of people who

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Speaker 3: use public transport to work. Anyway, his I don't know,

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Speaker 3: I just love that the census measures this. There has

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Speaker 3: been a dramatic drop in telephone use in New Zealand,

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Speaker 3: a dramatic drop. So back in twenty eighteen, two thirds

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Speaker 3: of New Zealand households reported having a landline, well just

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Speaker 3: under sixty two percent. Twenty twenty three, thirty one percent.

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Speaker 3: To be honest, I'm still surprised it's that high. Thirty

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Speaker 3: a third of households still have a telephone. I'm surprised

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Speaker 3: at that. But here's the thing. There is one region

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Speaker 3: in New Zealand. We'll do this as a pop cause

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Speaker 3: one region were landline use is still incredibly high at

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Speaker 3: seventy three percent. So mull over that for a couple

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Speaker 3: of minutes. I'll give you the answer very shortly. Right

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Speaker 3: now it is twenty four minutes to five.

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Speaker 2: It's the world wires on us talks. It'd be drive.

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Speaker 3: Oh, and Israel is still vowing to respond to Iran strikes.

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Speaker 7: We will respond. We know how to locate important targets,

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Speaker 7: we know how to strike with precision and power. We

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Speaker 7: have the capabilities to reach and strike any point in

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Speaker 7: the Middle East, and those of our enemies who have

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Speaker 7: not yet understood this will soon understand.

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Speaker 3: Former National Security Advisor John Bolton has warned the response

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Speaker 3: could target nuclear sites.

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Speaker 8: I think it's very likely that the nuclear program could

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Speaker 8: be a target for several reasons. First, this is something

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Speaker 8: that Prime Minister Netnya, who behind any other Israeli politician,

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Speaker 8: has recognized as the existential threat for Israel.

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Speaker 3: And they have to worry that the next time.

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Speaker 8: They see a ballistic missile and dad them it could

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Speaker 8: contain a nuclear weapon under a nose cone.

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Speaker 3: J d Vance has seen why he didn't answer that

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Speaker 3: twenty twenty election question, and last night's debate, well.

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Speaker 9: Look here, here's here, here's the simple reason the media

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Speaker 9: is obsessed with talking about the election of four years ago.

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Speaker 9: I'm focused on the election of thirty three days from

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Speaker 9: now because I want to throw Kamala Harris out of

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Speaker 9: office and get back to common sense economic policies.

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Speaker 3: I'm not sure that it really did answer it. In mind,

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Speaker 3: things were also getting spicy on the TV networks with

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Speaker 3: Trump's former campaign manager, Corey Lewandowski and Jim Acosta.

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Speaker 8: Whether it's my Orcis or it's Kamala, or it's Joe Biden.

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Speaker 2: Resource Mala, what is this, Kamala?

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Speaker 10: It's Kamala, Harris, Corey, you've been in this business a

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Speaker 10: long time. You're I think you're a mature grown up.

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Speaker 10: It's kamala, Harris. Can you just say can you say kamala?

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Speaker 10: Or you cannot say kamala?

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Speaker 2: Jim ninety nine murders that come into the country.

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Speaker 10: You say, yeah, Well, Corey, I you know, I appreciate

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Speaker 10: you coming on.

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Speaker 6: Maybe we'll have you back.

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Speaker 3: And finally.

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Speaker 11: Yes.

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Speaker 3: A mum has been arrested at the happiest place on

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Speaker 3: Earth after she allegedly tried to sneak her kids in

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Speaker 3: for free at Disneyland. The mother lied about her children's age,

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Speaker 3: with under threes getting in free. It turns out it

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Speaker 3: was the fourth time in two months she'd snuck the

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Speaker 3: children in, but the first time that she had been caught.

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

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Speaker 1: for New Zealand Business and.

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Speaker 3: It's fightinly correspond to Murray Olds is with us this afternoon, Hi, Murray,

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Speaker 3: Very good afternoon, Jack. So Sydney has an application by

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Speaker 3: the police to stop to pro Palestine in marches this weekend.

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Speaker 12: Yeah starts in about twenty one minutes from now. The

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Speaker 12: New South Wales Supreme Court is meeting this afternoon special

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Speaker 12: session to hear this application from New South Wales Police.

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Speaker 12: There's an outfit called the Palace Tan Action Group. It's

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Speaker 12: held rallies every weekend in the last twelve months fifty

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Speaker 12: one weeks in fact. But police say have a rally

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Speaker 12: this weekend, this Sunday and then on the Monday, which

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Speaker 12: is the anniversary of the Humas attack in Israel. Simply

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Speaker 12: two greater risks, the police say, the public safety, particularly

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Speaker 12: on the Monday. It's a long weekend here coming up.

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Speaker 12: We got the Daylight Saving kitchen as well, so Monday's

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Speaker 12: a holiday.

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Speaker 6: Monday.

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Speaker 12: Police do not want to have every single police officer

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Speaker 12: from the North Coast down to the South coast.

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Speaker 6: In Sydney trying to kick the peace.

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Speaker 12: They had thirty thousand people on the street jack in

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Speaker 12: Sydney last Sunday, so these are not small protests. One

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Speaker 12: woman arrested for waving a Hesbalah flag. Palestinian supporters have

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Speaker 12: already said, doesn't matter what the Supreme Court's got to say.

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Speaker 12: We're going to run march and rally anyway. On Monday,

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Speaker 12: they're planning a candle lit vigil. No flag waving, no

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Speaker 12: nasty speeches and all that sort of stuff. But in

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Speaker 12: any event, one thirty we understand there was to be

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Speaker 12: a snap protest march in the city in the same precinct.

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Speaker 6: As a Supreme Court.

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Speaker 12: So look, it's it's a pretty fragile situation here in town.

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Speaker 6: There's you know, elevated feelings on both sides.

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Speaker 12: If you and police just want to try and maybe

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Speaker 12: just put a dampner on it for this weekend.

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Speaker 3: Can I can I suggest that's not going to work.

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Speaker 3: It seems seems to me to me like even if

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Speaker 3: they try, are they really going to be able to

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Speaker 3: stop these protests from going ahead? And if these protests

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Speaker 3: they're trying to go ahead, you're gonna have clashes between

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Speaker 3: police and protests. It seems like, I don't know, trying

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Speaker 3: to maybe work with them is going to be a

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Speaker 3: better option, if you know, if having a decorum and

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Speaker 3: stability in public as the goal.

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Speaker 12: Well, you know, I mean, let's just waiting to see

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Speaker 12: you which way the mop flops. Because there's a sureme

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Speaker 12: court has got under a bit of pressure. It's got

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Speaker 12: to make a decision well, either today or tomorrow, because

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Speaker 12: this Saturday Sunday Monday. Yeah, but you know that there

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Speaker 12: are people arguing for your side of things. You know,

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Speaker 12: let them protest peacefully.

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Speaker 3: I'm just saying it's not necessarily even a question of

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Speaker 3: whether you agree with the protesters or not. It's not

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Speaker 3: a question about sides. It's just a question of whether

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Speaker 3: or not trying to ban a protest is a good

435
00:22:23,520 --> 00:22:25,679
Speaker 3: way of stopping people from coming out onto the streets,

436
00:22:25,680 --> 00:22:27,920
Speaker 3: because I'm not sure that it is necessarily.

437
00:22:29,160 --> 00:22:31,720
Speaker 12: If you go back about forty years and there was

438
00:22:31,840 --> 00:22:36,520
Speaker 12: a forty five fifty years now and a government minister

439
00:22:37,000 --> 00:22:41,520
Speaker 12: was arrested for leading an.

440
00:22:39,880 --> 00:22:41,680
Speaker 6: Anti Vietnam war protest.

441
00:22:41,960 --> 00:22:44,680
Speaker 12: Yeah, five hundred Australian soldiers were killed in Vietnam and

442
00:22:45,400 --> 00:22:47,080
Speaker 12: a minister of the day, the Minister of the Crown,

443
00:22:47,200 --> 00:22:47,720
Speaker 12: was arrested.

444
00:22:47,800 --> 00:22:50,520
Speaker 6: So look what's happened before, I dar say it Eleaven again.

445
00:22:50,680 --> 00:22:54,080
Speaker 3: Yeah, now, Murray, speaking of the situation in the Middle East,

446
00:22:54,359 --> 00:22:57,080
Speaker 3: numerous Australians are desperately trying to get out of Lebanon.

447
00:22:57,600 --> 00:22:59,879
Speaker 12: Yeah, that's right, and we understand there are two flights

448
00:23:00,080 --> 00:23:02,480
Speaker 12: that have been arranged in the last little while for

449
00:23:02,560 --> 00:23:06,080
Speaker 12: Australians out of a route Amazingly that international airport is

450
00:23:06,119 --> 00:23:08,040
Speaker 12: still working, but seats are at a premium.

451
00:23:08,080 --> 00:23:08,880
Speaker 6: As you might expect.

452
00:23:09,160 --> 00:23:15,120
Speaker 12: Around fifteen thousand Australians are in Lebanon. Many Australian citizens

453
00:23:15,200 --> 00:23:18,399
Speaker 12: have retired there, and Penny Wong, the Foreign Minister, is

454
00:23:18,440 --> 00:23:21,840
Speaker 12: saying there at least seventeen hundred of those Australians in

455
00:23:22,040 --> 00:23:26,119
Speaker 12: Lebanon have registered with the government, indicating I would like

456
00:23:26,200 --> 00:23:28,480
Speaker 12: to get out if possible. As I say, a few

457
00:23:28,600 --> 00:23:32,000
Speaker 12: dozen seats have been secured on a commercial flight or

458
00:23:32,040 --> 00:23:35,959
Speaker 12: two that's already left Lebanon, but we understand two more

459
00:23:36,040 --> 00:23:38,879
Speaker 12: flights now have been arranged in the last well in

460
00:23:38,920 --> 00:23:41,160
Speaker 12: the last three or four hours. So let's just wait

461
00:23:41,240 --> 00:23:43,440
Speaker 12: and see how many people can get out if you

462
00:23:43,520 --> 00:23:43,760
Speaker 12: want to.

463
00:23:43,960 --> 00:23:47,040
Speaker 3: Yeah, because no land borders really that can cross, right,

464
00:23:47,080 --> 00:23:49,800
Speaker 3: You've got Syria, that's right, and then Israel. So yeah,

465
00:23:49,800 --> 00:23:51,040
Speaker 3: you're stuck if you can't get out on one of

466
00:23:51,080 --> 00:23:55,920
Speaker 3: those flights. Changes Coming to the National Disability Insurance Scheme, Marri.

467
00:23:55,880 --> 00:23:58,680
Speaker 6: Yeah, this is a scheme that it was established. I

468
00:23:58,720 --> 00:23:59,080
Speaker 6: looked at it.

469
00:23:59,680 --> 00:24:01,920
Speaker 12: I was I'm sure exactly how long this has been here.

470
00:24:02,040 --> 00:24:05,399
Speaker 12: It's been around since twenty thirteen. The full rollout happened

471
00:24:05,440 --> 00:24:08,879
Speaker 12: in twenty twenty and basically this provides for a range

472
00:24:08,960 --> 00:24:12,560
Speaker 12: of services for people living with disabilities here in Australia.

473
00:24:13,280 --> 00:24:16,080
Speaker 12: The trouble is it's been so popular the government has

474
00:24:16,480 --> 00:24:17,639
Speaker 12: now tried to rein it in.

475
00:24:18,640 --> 00:24:21,280
Speaker 6: If it wasn't rained in, they were looking at one hundred.

476
00:24:22,520 --> 00:24:24,800
Speaker 12: One hundred billion dollars I beg your pardon a year

477
00:24:24,880 --> 00:24:28,479
Speaker 12: by twenty thirty five, completely unsustainable. That's more than education

478
00:24:28,680 --> 00:24:31,840
Speaker 12: now from the bloody defense budget. So what they've done

479
00:24:32,000 --> 00:24:35,480
Speaker 12: as of today there are new rules governing what the

480
00:24:36,040 --> 00:24:39,679
Speaker 12: National Disability Insurance Scheme will pay for the government's been

481
00:24:39,760 --> 00:24:42,920
Speaker 12: under pressure of course ton spending now parliamentary inquiries, many

482
00:24:43,000 --> 00:24:46,920
Speaker 12: of them have heard some pretty awful stories about basically ripoffs,

483
00:24:47,680 --> 00:24:48,760
Speaker 12: how some of the cash.

484
00:24:48,600 --> 00:24:49,120
Speaker 6: Has been spent.

485
00:24:49,600 --> 00:24:54,080
Speaker 12: There have been all these shocky therapies involving crystals, cuddle,

486
00:24:54,520 --> 00:24:56,720
Speaker 12: something called cuddle therapy. I need a bit of that,

487
00:24:57,680 --> 00:25:01,680
Speaker 12: the sound therapy, aroma therapy, tarot cards, clairvoyants.

488
00:25:02,440 --> 00:25:05,240
Speaker 6: So that's all out. The NDAAs won't be paying for

489
00:25:05,320 --> 00:25:07,400
Speaker 6: groceries or holidays or homeschooling.

490
00:25:08,200 --> 00:25:11,240
Speaker 12: The systems being streamlined down to thirty six categories and

491
00:25:11,320 --> 00:25:15,399
Speaker 12: those with recognized disabilities will continue to get all the

492
00:25:15,440 --> 00:25:18,880
Speaker 12: support they need, for example, speech therapy or wound care.

493
00:25:19,280 --> 00:25:23,560
Speaker 6: If you need continence therapy at home, that's all covered.

494
00:25:23,600 --> 00:25:25,760
Speaker 6: Spinal cord injury, brain injury.

495
00:25:25,720 --> 00:25:28,159
Speaker 12: That's covered too. What they're trying to do, mate, is

496
00:25:28,200 --> 00:25:30,439
Speaker 12: get rid of all the shanks. Who I mean there

497
00:25:30,520 --> 00:25:33,520
Speaker 12: was one guy apparently he was billing a million dollars

498
00:25:33,560 --> 00:25:36,240
Speaker 12: a month and there were noah arm bells ringing.

499
00:25:36,760 --> 00:25:40,600
Speaker 3: That's insane. Surely he was offering more than cuddle therapy.

500
00:25:40,680 --> 00:25:42,800
Speaker 6: There was well are you in hope? So I hope

501
00:25:42,840 --> 00:25:44,120
Speaker 6: you got your shopping done as well?

502
00:25:44,359 --> 00:25:46,679
Speaker 3: Yes, yeah, hey, thanks to there. Murray appreciated it as

503
00:25:46,720 --> 00:25:49,760
Speaker 3: always Bury Old, our Australian correspondent. What did I say?

504
00:25:49,840 --> 00:25:53,040
Speaker 3: Seventy three percent of houses in this one region, according

505
00:25:53,080 --> 00:25:56,800
Speaker 3: to the latest census data, still have land lines. So

506
00:25:57,240 --> 00:25:59,200
Speaker 3: we're only only a third of New Zealand household have

507
00:25:59,320 --> 00:26:01,639
Speaker 3: landlines according to the centers, but seventy three percent in

508
00:26:01,720 --> 00:26:04,920
Speaker 3: this region. It is, of course the Tannam Islands.

509
00:26:05,040 --> 00:26:05,639
Speaker 6: But you knew that.

510
00:26:05,960 --> 00:26:09,680
Speaker 1: Quarter to five politics with centrics credit, check your customers

511
00:26:09,720 --> 00:26:11,200
Speaker 1: and get payments certainty.

512
00:26:11,000 --> 00:26:13,879
Speaker 3: And New Zealand Herald Deputy Political Editor Thomas Coggins with

513
00:26:14,000 --> 00:26:17,360
Speaker 3: us this evening kild to Thomas cleaving Jack. So, mood

514
00:26:17,400 --> 00:26:20,120
Speaker 3: of the boardroom this morning, what has the response been?

515
00:26:21,080 --> 00:26:24,560
Speaker 13: Yeah, really interesting mood of the boardroom this morning. Unsurprisingly,

516
00:26:25,320 --> 00:26:28,040
Speaker 13: businesses are feeling pretty positive. They tend to like a

517
00:26:28,160 --> 00:26:30,800
Speaker 13: center right government and tend to be pretty skeptical of

518
00:26:30,840 --> 00:26:32,800
Speaker 13: the center left government. So you've seen a lift and

519
00:26:33,280 --> 00:26:37,560
Speaker 13: sentiment across the board. Interestingly, we've got Erica Stamford coming

520
00:26:37,600 --> 00:26:42,119
Speaker 13: out on top. Typically you have, well, certainly the Finance

521
00:26:42,160 --> 00:26:44,560
Speaker 13: minister tends to be number one. That was the case

522
00:26:44,640 --> 00:26:47,200
Speaker 13: under Label where Grant Robinson tended to come first, and

523
00:26:47,320 --> 00:26:49,960
Speaker 13: under National where the last National government with Bill English

524
00:26:50,119 --> 00:26:53,960
Speaker 13: came first. And but but you know, quite interestingly this

525
00:26:54,040 --> 00:26:58,359
Speaker 13: time round, under the last National government, John Key obviously

526
00:26:58,480 --> 00:27:01,840
Speaker 13: very popular, tended to come second. Christoph Luxon this time around,

527
00:27:01,880 --> 00:27:05,919
Speaker 13: coming a distant sext after Judith Collins even who's obviously

528
00:27:05,920 --> 00:27:09,080
Speaker 13: the former National Party leader. So so some positive stuff

529
00:27:09,119 --> 00:27:11,159
Speaker 13: for the in there for Christopher Luxon obviously that that

530
00:27:11,720 --> 00:27:13,919
Speaker 13: people tend to like what businesses tend to like the government,

531
00:27:14,359 --> 00:27:16,320
Speaker 13: uh and and tend to be pretty favorable to what

532
00:27:16,440 --> 00:27:20,520
Speaker 13: it's doing. But some concerning kind of signals to him

533
00:27:20,600 --> 00:27:22,840
Speaker 13: that he is not, you know, in that top kind

534
00:27:22,840 --> 00:27:25,800
Speaker 13: of top three. So the rankings are are Eric Stanford,

535
00:27:25,800 --> 00:27:28,760
Speaker 13: Simeon Brown, Nichola Willis, christ Bishop Judith Collins, and then

536
00:27:28,840 --> 00:27:29,560
Speaker 13: Christopher Luckson.

537
00:27:30,200 --> 00:27:33,280
Speaker 3: I don't think nothing too surprising the ra you know,

538
00:27:33,359 --> 00:27:35,920
Speaker 3: there's no no real bolter in those kind of results.

539
00:27:36,440 --> 00:27:39,639
Speaker 13: No, there's nothing, there's nothing. There's nothing that would suggest

540
00:27:40,160 --> 00:27:42,879
Speaker 13: that the boardroom as we're seeing something different from the

541
00:27:42,920 --> 00:27:46,280
Speaker 13: general public. I think if you were to ask the

542
00:27:46,359 --> 00:27:49,879
Speaker 13: public for their own rankings of the cabinet, provided that

543
00:27:50,040 --> 00:27:51,800
Speaker 13: they knew who they were, because people tend not to know.

544
00:27:52,720 --> 00:27:54,800
Speaker 13: I have a deep knowledge of of who they were.

545
00:27:54,840 --> 00:27:57,159
Speaker 13: But but but I think it would be fair to

546
00:27:57,200 --> 00:27:59,840
Speaker 13: say that those that those are all quite high performing ministers.

547
00:28:00,000 --> 00:28:02,399
Speaker 13: So Inness of liucencing as much today, he said, you know,

548
00:28:02,520 --> 00:28:04,440
Speaker 13: obviously he would say this, but he said he was

549
00:28:04,480 --> 00:28:07,640
Speaker 13: proud to have a clearly have a good team around him.

550
00:28:07,720 --> 00:28:07,880
Speaker 14: Yeah.

551
00:28:07,960 --> 00:28:08,080
Speaker 8: Right.

552
00:28:08,280 --> 00:28:11,639
Speaker 3: The government is to consider hiking road charges and tolls

553
00:28:11,680 --> 00:28:13,640
Speaker 3: to help n z TA before the end of the term.

554
00:28:14,520 --> 00:28:17,040
Speaker 13: Yeah, this is a really really interesting one. It's sort

555
00:28:17,080 --> 00:28:19,280
Speaker 13: of been bubbling away in the background even since Labor

556
00:28:19,440 --> 00:28:24,240
Speaker 13: Labor was in charge. As anyone paying attention to to

557
00:28:24,359 --> 00:28:27,520
Speaker 13: the news would know, we've had some pretty incredible infrastructure

558
00:28:27,520 --> 00:28:31,680
Speaker 13: cost inflation recently, and that hasn't been helped by some

559
00:28:31,840 --> 00:28:35,520
Speaker 13: incredible infrastructure promise inflation. We both Labor and National have

560
00:28:35,600 --> 00:28:40,080
Speaker 13: promised some very expensive infrastructure projects towards the end of

561
00:28:40,480 --> 00:28:44,040
Speaker 13: the term and certainly towards the end of the decade.

562
00:28:44,760 --> 00:28:47,240
Speaker 13: What this means is that the revenue n z TA

563
00:28:47,400 --> 00:28:50,440
Speaker 13: gets from fuel taxes and road user charges that is

564
00:28:50,560 --> 00:28:53,520
Speaker 13: not going to be sufficient for their expenses, which tends

565
00:28:53,560 --> 00:28:56,479
Speaker 13: to be on maintaining infrastructure, potholes, that sort of thing,

566
00:28:57,240 --> 00:28:59,880
Speaker 13: and also building new infrastructure. The deficit by the end

567
00:28:59,880 --> 00:29:02,520
Speaker 13: of the decade is expected to be six billion dollars,

568
00:29:02,600 --> 00:29:07,200
Speaker 13: so that's really quite an eye watering some NZTA was

569
00:29:07,600 --> 00:29:09,920
Speaker 13: wanted an assurance from the government that if it got

570
00:29:09,960 --> 00:29:14,200
Speaker 13: into trouble the government would bail them out, and and

571
00:29:14,880 --> 00:29:18,560
Speaker 13: so the government has given nz TA that assurance and said, well, look,

572
00:29:18,640 --> 00:29:20,400
Speaker 13: you know, if you get into trouble, we will consider

573
00:29:20,920 --> 00:29:23,640
Speaker 13: helping you out with with these new revenue increases. But

574
00:29:23,720 --> 00:29:27,280
Speaker 13: obviously that rather cuts against the ideological commitment of the government,

575
00:29:27,280 --> 00:29:29,680
Speaker 13: which is to keep revenue low.

576
00:29:30,000 --> 00:29:34,800
Speaker 3: Yeah right, and Wellington's long tunnel investigation is taking longer

577
00:29:34,840 --> 00:29:37,400
Speaker 3: itself than expected and then costing more as well, so

578
00:29:37,480 --> 00:29:37,840
Speaker 3: that's good.

579
00:29:38,400 --> 00:29:42,000
Speaker 13: Yeah, yes, this is an incredible project. So that this

580
00:29:42,880 --> 00:29:45,520
Speaker 13: if you come into Wellington you will know that there

581
00:29:45,600 --> 00:29:48,320
Speaker 13: is a very bad good luck. This proposal is quite

582
00:29:48,840 --> 00:29:50,720
Speaker 13: quite an incredible sort of pie in the skies of

583
00:29:50,840 --> 00:29:54,080
Speaker 13: proposal that that you would you would essentially go into

584
00:29:54,120 --> 00:29:56,480
Speaker 13: a tunnel at Mount Victoria and you would pop up

585
00:29:56,880 --> 00:29:59,840
Speaker 13: on the other side of Wellington CBT, CBD would effectively

586
00:30:00,000 --> 00:30:04,360
Speaker 13: I passed the entire CBD. It's quite incredible. People think

587
00:30:04,400 --> 00:30:07,280
Speaker 13: it was potentially too expensive. Jed Ta is having a

588
00:30:07,320 --> 00:30:09,880
Speaker 13: look at it, but the investigation though I meant to

589
00:30:10,400 --> 00:30:12,800
Speaker 13: something brown. The Transport Minister said he would like this

590
00:30:12,920 --> 00:30:15,880
Speaker 13: investigation wrapped up by the middle of the year. It

591
00:30:16,080 --> 00:30:17,960
Speaker 13: is well passed the middle of the year. They are

592
00:30:18,000 --> 00:30:21,040
Speaker 13: still looking at it and the investigation has called it.

593
00:30:21,160 --> 00:30:24,880
Speaker 13: The consultants have built one point six million dollars on this,

594
00:30:25,040 --> 00:30:27,200
Speaker 13: so costing a lot as well. I know this thing's

595
00:30:27,280 --> 00:30:27,880
Speaker 13: never come cheap.

596
00:30:28,000 --> 00:30:30,240
Speaker 3: No, no, that's it. Hey, thanks Thomas, I appreciate it.

597
00:30:30,280 --> 00:30:32,800
Speaker 3: That is Thomas Coglin, the New Zealand here all Deputy

598
00:30:33,280 --> 00:30:36,040
Speaker 3: Political editor. Right now it is eight minutes to five.

599
00:30:37,160 --> 00:30:41,040
Speaker 1: Putting the tough questions to the newspakers the mic asking breakfast.

600
00:30:41,200 --> 00:30:43,320
Speaker 15: GPT has got their annual conference on. If you have

601
00:30:43,360 --> 00:30:45,280
Speaker 15: a look at the conference papers gives you an idea

602
00:30:45,320 --> 00:30:47,200
Speaker 15: of what they're discussing on what their priorities are.

603
00:30:47,320 --> 00:30:47,600
Speaker 8: This is it.

604
00:30:47,760 --> 00:30:51,040
Speaker 15: Number one, Remove all references to gender from their constitution

605
00:30:51,200 --> 00:30:54,400
Speaker 15: and replace Schihi with they. Number two, replace all references

606
00:30:54,480 --> 00:30:57,000
Speaker 15: to the Treaty of White Tongy with Triti or White Tongey.

607
00:30:57,080 --> 00:31:00,720
Speaker 15: Number three, lobbying for taxpayers to fund queer community roles

608
00:31:00,760 --> 00:31:02,720
Speaker 15: in all schools whose jobs will be to campaign for

609
00:31:02,760 --> 00:31:05,680
Speaker 15: Kuo Angatahi in their rights. And before PPTA has become

610
00:31:05,720 --> 00:31:08,840
Speaker 15: a peace organization and lobby the government on foreign policy.

611
00:31:08,960 --> 00:31:10,520
Speaker 15: Maybe when they finished with all of that, they can

612
00:31:10,560 --> 00:31:12,520
Speaker 15: think about how to get those maths grades up. I mean,

613
00:31:12,640 --> 00:31:14,680
Speaker 15: how about you teach the kids' maths first and then

614
00:31:14,720 --> 00:31:16,280
Speaker 15: you start getting involved in the Middle East.

615
00:31:16,640 --> 00:31:20,200
Speaker 1: Hither duplicy Ellen on the mic Hosking Breakfast back tomorrow

616
00:31:20,280 --> 00:31:24,000
Speaker 1: at six am with the Jaguar f Base on News Talks, EDB.

617
00:31:25,080 --> 00:31:27,200
Speaker 3: News Talks, dB hit with Jack Taiman for head that

618
00:31:27,240 --> 00:31:30,440
Speaker 3: Tozy Allen, they have just released the ministery or credit

619
00:31:30,520 --> 00:31:33,080
Speaker 3: cards for the last quarter and the credit card spending

620
00:31:33,120 --> 00:31:35,200
Speaker 3: for the last quarter. It's always a good read and

621
00:31:35,400 --> 00:31:37,680
Speaker 3: there's no suggestion that any of the ministers are spending

622
00:31:37,720 --> 00:31:39,320
Speaker 3: money on anything they shouldn't be at the moment. But

623
00:31:39,400 --> 00:31:42,480
Speaker 3: for example, the prime ministers spent just under one thousand

624
00:31:42,480 --> 00:31:46,480
Speaker 3: dollars between April first and June thirtieth, including a four

625
00:31:46,600 --> 00:31:51,080
Speaker 3: hundred dollars Harmonica, which was like, oh what sorry? What

626
00:31:51,200 --> 00:31:52,960
Speaker 3: was the official purpose? Of course it was a gift

627
00:31:53,080 --> 00:31:55,040
Speaker 3: for a foreign dignitary. He was giving it to Prime

628
00:31:55,080 --> 00:31:57,920
Speaker 3: Minister Rebuka during his visit to Fiji and June, so

629
00:31:58,000 --> 00:32:01,000
Speaker 3: that seems reasonable. This may not come as a huge surprise.

630
00:32:01,600 --> 00:32:05,080
Speaker 3: David Seymour had one of the lowest spends, seventy five

631
00:32:05,200 --> 00:32:07,480
Speaker 3: dollars on his work credit card for the three months.

632
00:32:07,960 --> 00:32:10,640
Speaker 3: Chris Bishop racked up four and a half thousand dollars,

633
00:32:10,960 --> 00:32:12,960
Speaker 3: most of which related to a trip that he took

634
00:32:13,640 --> 00:32:16,160
Speaker 3: to the UK for some infrastructure meetings. And so when

635
00:32:16,200 --> 00:32:18,280
Speaker 3: the ministers are away they're allowed to buy food on

636
00:32:18,360 --> 00:32:20,680
Speaker 3: their credit cards, you know, which seems reasonable enough. Anyway,

637
00:32:21,880 --> 00:32:24,120
Speaker 3: a lot of Chris Bishop spending. It turns out, wasn't

638
00:32:24,120 --> 00:32:27,280
Speaker 3: it fancy restaurants. It was at McDonald's, and a spokesperson

639
00:32:27,560 --> 00:32:29,840
Speaker 3: for the minister said this to one news quote. The

640
00:32:29,880 --> 00:32:32,800
Speaker 3: minister takes seriously his responsibility to be a prudent guardian

641
00:32:32,840 --> 00:32:35,280
Speaker 3: of taxpayer money. He also really likes fast food. His

642
00:32:35,400 --> 00:32:38,280
Speaker 3: waistline is proof of that. So there you go. After

643
00:32:38,320 --> 00:32:40,560
Speaker 3: five o'clock, we're going to get you the very latest

644
00:32:41,160 --> 00:32:44,120
Speaker 3: on the red rain warning covering parts of the South Island,

645
00:32:44,920 --> 00:32:48,160
Speaker 3: as well as that the police are delighted at the

646
00:32:48,280 --> 00:32:51,520
Speaker 3: number of new potential recruits. So will it mean that

647
00:32:51,640 --> 00:32:56,120
Speaker 3: government will hit their promise their target five hundred additional

648
00:32:56,200 --> 00:32:59,320
Speaker 3: officers on the beat? News is next though, I'm Jack Tame.

649
00:32:59,440 --> 00:33:01,440
Speaker 3: This is news dogsbes.

650
00:33:03,120 --> 00:33:06,640
Speaker 1: Pressing the newspakers to get the real story. It's Jack

651
00:33:06,720 --> 00:33:09,800
Speaker 1: Dame on. Hither dup to c allan drive with one

652
00:33:09,920 --> 00:33:12,840
Speaker 1: New Zealand let's get connected news to all said.

653
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Speaker 3: B Otago is on standby for potentially unprecedented rainfall across

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Speaker 3: the region, with a red heavy rain warning and up

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Speaker 3: to one hundred and fifty millimeters of rain expected to fall.

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Speaker 3: Dunedin Civil Defense bunker has been activated. In the Met

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Speaker 3: Service says there are possible quote threats to life. Matt

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Speaker 3: Ali is Otago Civil Defense Group controller and is with

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Speaker 3: us a snigod evening cure Jack. What's the latest.

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Speaker 16: Look, We're continuing to monitor rain as it's falling. We

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Speaker 16: have our emergency Operations Center in Donedan City and closes

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Speaker 16: their Inne Coordination Center in Dunedin as well, fully activated,

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Speaker 16: monitoring the rain as it falls.

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Speaker 3: Yeah, some pretty out there language in the Met Service

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Speaker 3: warnings that they're saying that potentially the extreme rainfall could

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Speaker 3: cause quote a threat to life from dangerous river conditions

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Speaker 3: and significant flooding and slips. Just how present is that

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Speaker 3: threat to life do you think?

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Speaker 16: Look, we're asking means of the community to stay away

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Speaker 16: from low lying flood prone areas, stay out of flood floodwaters,

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Speaker 16: and don't drive through any floodwater. So if they see

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Speaker 16: rising waters as well, we encourage them to be ready

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Speaker 16: to south evacuate. Don't wait to be told. If you

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Speaker 16: see it, make a decision and go.

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Speaker 3: What's your biggest concern at the stage.

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Speaker 16: Matt, Look, we're monitoring the waters at silver Stream. We

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Speaker 16: expect the spill way to overtop during the night. We

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Speaker 16: think that's largely to go on to farmland, so we're

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Speaker 16: going to monitor that through the night. Also, areas of

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Speaker 16: south the need and experiencing some ponding as the stormwater

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Speaker 16: network sort of deals with what's coming down. So at

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Speaker 16: this stage, mostly those areas around the sort of Mouscule

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Speaker 16: Tierrie area and then through south to Eden.

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Speaker 3: What's the likelihood need to issue evacuation orders?

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Speaker 16: Look, I would say unlikely at this stage, but as

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Speaker 16: I said, we've got teams, we'll be working through the night,

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Speaker 16: and we'll be proactive in that space.

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Speaker 3: Yeah, at what point do you think you'll be through

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Speaker 3: the worst of it?

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Speaker 16: Look, we're expecting two peaks, so one at around midnight

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Speaker 16: tonight and a second peak is the weather, it's probably

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Speaker 16: mid afternoon tomorrow.

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Speaker 2: Right.

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Speaker 3: Have these regions ever experienced rainfall like that which is

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Speaker 3: forecast at the moment.

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Speaker 17: Yeah, we have.

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Speaker 16: We had an event in twenty fifteen and another one

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Speaker 16: in twenty seventeen that that was sort of comparative, So

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Speaker 16: this isn't unknown and the communities have dealt with things.

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Speaker 17: Like this before.

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Speaker 3: Okay, do you feel sufficiently organized for the rainfall at

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Speaker 3: the stage.

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Speaker 4: Yeah.

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Speaker 16: Look, we've been really well supported by the Ottaga Regional Council,

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Speaker 16: other local councils in Dunedin City, Waitaki and Kooper and

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Speaker 16: we've got some really good support from our emergency service partners,

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Speaker 16: Police for an Emergency, Saint John as well as MPI

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Speaker 16: and in THEMSD with us.

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Speaker 3: Finally, then give us that message once again for anyone

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Speaker 3: in these affected areas, what do you want them to do?

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Speaker 16: Look, just stay off the roads. Please put off any

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Speaker 16: non essential travel again. If you see water coming up,

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Speaker 16: if you feel like you've been thriven by that, don't

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Speaker 16: wait to be told, make the decision and go.

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Speaker 3: Thanks Matt, that's Matt Ali from Otago Civil Defense. We're

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Speaker 3: going to keep you up to date with the very

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Speaker 3: latest just as soon as any updates come through for

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Speaker 3: met Service or Civil Defense over the coming hours. Right now,

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Speaker 3: it's ten past five. Team and new applicants to police

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Speaker 3: have more than doubled in the last year. They're seeing

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Speaker 3: the highest numbers since application records began. And to help

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Speaker 3: keep up with the influx of potential new recruits, the

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Speaker 3: Royal New Zealand Police College is going to increase its

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Speaker 3: capacity of their recruit wing by twenty five percent. Assistant

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Speaker 3: Commissioner for Leadership, Talent and Development, Jill Rodgers is with us.

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Speaker 3: Good afternoon, Kilder, How are you very well. Thanks? What's

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Speaker 3: driving the increase in applications.

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Speaker 14: I think it's a.

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Speaker 18: Number of things. So we've slowly increased our profile, and

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Speaker 18: I think the recent ad campaigns and just the general

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Speaker 18: environment has changed, and we've seen the applications increase enormously

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Speaker 18: in the last sort of six eight months.

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Speaker 3: So how many applications have you had this year and

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Speaker 3: how many are actually likely to become police We've had.

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Speaker 18: Five and a half thousand applications just in twenty twenty four,

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Speaker 18: which is well over double what we had last year.

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Speaker 18: The conversion rate fit's at about ten percent of those

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Speaker 18: people that have the aspiration that they want to be

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Speaker 18: a cop that actually gets through it because it's a

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Speaker 18: pretty rigorous twelve step process, so only about ten percent

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Speaker 18: may cap to the Police College. But that's looking really

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Speaker 18: promising for us to have had that increase in the

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Speaker 18: numbers and the pipeline much flusher than it was.

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Speaker 3: So will this mean if you're increasing the capacity at

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Speaker 3: the Police College that you will also have to increase

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Speaker 3: the number of trainers and mentors who are working to

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Speaker 3: train the new recruits.

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Speaker 18: Yes, it will so obviously increasing the wing sizes to

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Speaker 18: one hundred, which as we're planning to do from April

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Speaker 18: next year, that has extra extra sort of responsibilities and

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Speaker 18: sort of capacity issues around not only the trainers and things,

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Speaker 18: but also the facilities that you have. So a lot

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Speaker 18: of our training is technical, requires tactical assets and things

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Speaker 18: like that, so it's a big piece of work too,

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Speaker 18: and that's why we've sort of looked at April next

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Speaker 18: year to allow us that lead in time to make

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Speaker 18: sure that we're good to go, we're not holding the

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Speaker 18: people in the pipeline for longer than we need to,

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Speaker 18: and that we're well planned and ready to sort of

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Speaker 18: increase from April next year onward.

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Speaker 3: I know we've looked at in the past, but what

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Speaker 3: do you reckon about having a training college in Auckland

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Speaker 3: or another center.

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Speaker 18: Yeah, it's the reality is that the college it's putda

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Speaker 18: was built in nineteen eighty one, so it's fair to

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Speaker 18: say she's growing at the seams and we probably have

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Speaker 18: outgrown it. So it's certainly part of my planning and

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Speaker 18: what we're looking at is if we're putting wings of

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Speaker 18: that size, simple factors, the capacity will be reached with

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Speaker 18: just our recruit training through OURNDPC in the very near future.

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Speaker 18: So it's exciting, and it makes sense for us to

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Speaker 18: look in that tammocky Makoto environment because you know that's

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Speaker 18: where the bulk of our people will come from. So

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Speaker 18: I think it's just a good sensible decision for us

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Speaker 18: to start looking around there. But that doesn't mean that

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Speaker 18: other sort of geographical areas wouldn't also be able to

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Speaker 18: deliver training that doesn't need to be done at the

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Speaker 18: Police College.

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Speaker 3: Is government on board would that?

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Speaker 18: And we've been really well supported with what we need

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Speaker 18: and we're doing a lot of the planning around it

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Speaker 18: as I sort of logistically, it packs a lot of

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Speaker 18: sort of planning to work out exactly what the needs

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Speaker 18: are and we're shifting resource where looking at what new

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Speaker 18: resources we need. So it's an exciting time for us.

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Speaker 3: Very good And what are the numbers who are applying

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Speaker 3: to go through training mean for the government's target of

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Speaker 3: those five hundred additional offices.

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Speaker 18: Well, it's exciting. It just gets us closer and closer

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Speaker 18: to its that five hundred on. So it's all looking

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Speaker 18: a really promising picture.

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Speaker 3: Thanks for your time, Jill. That is Jill Rodgers, who's

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Speaker 3: the Assistant Commissioner for Leadership, Talent and Development for the

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Speaker 3: New Zealand Police. If you want to get in touch,

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Speaker 3: nine two nine two as the text number. And a

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Speaker 3: couple of minutes, Defense Minister Judith Collins, she's been having

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Speaker 3: a big meeting with counterparts from around the Pacific and

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Speaker 3: they just announced this new Pacific Response Group which is

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Speaker 3: like a multilateral force that will go and assist in

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Speaker 3: Pacific countries. So she'll tell us a bit more about

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Speaker 3: that in a few minutes. Right now, it's fourteen past five,

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Speaker 3: seventeen past five on Newstalk zb New Zealand's been hosting

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Speaker 3: the South Pacific Defense Ministers Meeting in Auckland. It includes

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Speaker 3: defense ministers from Australia, Feeg and around the Pacific and

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Speaker 3: they have discussed approaches to non traditional security challenges and

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Speaker 3: regional security risks. The group has decided to immediately establish

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Speaker 3: a new Pacific Response Group which will create greater certainty

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Speaker 3: to Pacific island countries in advance of an incident. Judith

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Speaker 3: Collins is the Defense Minister and is with us this evening,

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Speaker 3: good evening Jack is a non traditional security challenge, just

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Speaker 3: a code word for China.

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Speaker 1: No.

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Speaker 18: I think it's the fact that we are dealing with

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Speaker 18: a whole lot of security challenges, whether it's the effects

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Speaker 18: of climate change, the volcanos, all those sorts of things,

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Speaker 18: or else. It's in particular the transnational crime that has

817
00:41:23,480 --> 00:41:26,960
Speaker 18: unfortunately come into the specific and it's all about drugs

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00:41:27,080 --> 00:41:29,719
Speaker 18: and that sort of behavior and money laundering. So yeah,

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Speaker 18: they're not what people necessarily think about as defense issues,

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Speaker 18: but they absolutely are.

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Speaker 3: How much does China factor in your conversations?

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Speaker 18: We certainly spoke something of that. I mean, I think

823
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Speaker 18: everybody was very disappointed that regarding China's intercontinental ballistic missile test,

824
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Speaker 18: people didn't know about it. New Zealand was told a

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Speaker 18: couple of hours beforehand in Beijing, but most of the people,

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Speaker 18: most of the countries over whose territory would have flown,

827
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Speaker 18: did not know about it, and people felt that that

828
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Speaker 18: was unwelcomed, unexpected and unnecessary tell.

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Speaker 3: Us about this new force.

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Speaker 18: Yeah, so something we discussed last year in December, our

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Speaker 18: very first we call it the Spudham meeting, and we

832
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Speaker 18: thought it's an Australian idea. We think it's a great idea.

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Speaker 18: We've talked about it, worked on it all year and

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Speaker 18: potentially it's based in Brisbane to start with. It'll have

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Speaker 18: a couple of seenior people from New Zealand, from tom

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Speaker 18: from all around the Pacific militaries and what they're going

837
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Speaker 18: to be doing is getting to find out what people

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Speaker 18: have got, being able to coordinate responses to emergencies so

839
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Speaker 18: that not everybody is charging in the same equipment or

840
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Speaker 18: the same So if we take for example, what's happened

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Speaker 18: in Tonga in the relatively recent past around the Hunger

842
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Speaker 18: volcanic eruption, best if we're all understanding what everyone else

843
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Speaker 18: is bringing and also, by the way, making sure that

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Speaker 18: Tonga and any others of their country wants what we've

845
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Speaker 18: had rather than us just presuming we know.

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Speaker 17: So that's what this is all about.

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Speaker 3: So you've got that that's the advisory team that makes

848
00:43:27,440 --> 00:43:30,719
Speaker 3: up part of the Pacific Response Group, right, But would

849
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Speaker 3: the Response Group, once it's established, would that respond to

850
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Speaker 3: security threats as well as natural disasters?

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Speaker 18: Well, we felt that the it's actually not creating its

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Speaker 18: own military like that.

853
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Speaker 17: It's about really it's a coordination response.

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Speaker 14: So so so.

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Speaker 18: Perhaps the last issue where the situation security situation where

856
00:43:53,000 --> 00:43:57,880
Speaker 18: Pacific countries were involved in a response was in the

857
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Speaker 18: Solomons Amzi response, and you remember Australian, New Zealand and

858
00:44:02,560 --> 00:44:05,920
Speaker 18: all around the Pacific we're involved in that. And this

859
00:44:06,080 --> 00:44:08,520
Speaker 18: is actually giving that, you know, some sort of structure

860
00:44:08,680 --> 00:44:10,839
Speaker 18: so that we can work together to do those sorts

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Speaker 18: of things better because we know that even though we

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Speaker 18: are a very peaceful ocean, every now and again something's

863
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Speaker 18: going to happen and we need to be prepared.

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Speaker 3: But it basically means that that if there is a

865
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Speaker 3: natural disaster or if there is a security threat and

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Speaker 3: this group is invited in in the future, you go

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Speaker 3: in alongside the Australians, alongside other countries with a coordinated

868
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Speaker 3: group or force in order to respond.

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Speaker 18: You have got it in a nutshell, that's on invitation.

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Speaker 18: It's working together. I mean, these are the nations in

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Speaker 18: the South specific who have military capability. And you know,

872
00:44:48,320 --> 00:44:50,840
Speaker 18: the question is why wouldn't we want to work together.

873
00:44:50,880 --> 00:44:54,280
Speaker 18: We've already worked together and it's just giving it structure.

874
00:44:54,520 --> 00:44:55,359
Speaker 3: Could they be armed?

875
00:44:57,520 --> 00:44:58,520
Speaker 17: We hadn't thought about that.

876
00:44:59,080 --> 00:45:01,160
Speaker 18: I would expect that it would only be if that

877
00:45:01,440 --> 00:45:04,839
Speaker 18: was what the host country wanted, and even then only

878
00:45:04,920 --> 00:45:07,840
Speaker 18: if we wanted it. Obviously, there are times when that

879
00:45:08,080 --> 00:45:12,360
Speaker 18: might be necessary, but hopefully not, and more likely it

880
00:45:12,440 --> 00:45:14,200
Speaker 18: will be around natural disasters.

881
00:45:14,840 --> 00:45:16,640
Speaker 3: Hey, thanks for your time. We appreciate it. Oh but

882
00:45:16,920 --> 00:45:18,959
Speaker 3: before I let you go, do you see your numbers

883
00:45:19,000 --> 00:45:20,200
Speaker 3: today for mood of the boardroom?

884
00:45:20,360 --> 00:45:20,520
Speaker 6: Oh?

885
00:45:21,160 --> 00:45:22,200
Speaker 14: Do you know what I did?

886
00:45:22,280 --> 00:45:25,640
Speaker 18: Even though I've been so busy today, there was.

887
00:45:25,680 --> 00:45:27,440
Speaker 3: One notification that made it through.

888
00:45:27,680 --> 00:45:27,879
Speaker 19: Yeah.

889
00:45:28,560 --> 00:45:30,160
Speaker 17: Strangely that's that one got through.

890
00:45:30,320 --> 00:45:33,839
Speaker 3: Well, congratulations, fifth best performer according to More the mood

891
00:45:33,840 --> 00:45:36,200
Speaker 3: of the boardroom out of cabinet, which is yeah, very

892
00:45:36,440 --> 00:45:37,360
Speaker 3: you can be very pleased to that.

893
00:45:39,120 --> 00:45:41,200
Speaker 17: It's a number you know, we're all part of the

894
00:45:41,239 --> 00:45:42,440
Speaker 17: team or working hard.

895
00:45:42,440 --> 00:45:45,400
Speaker 3: Than if it's anything like like media ratings. You've got

896
00:45:45,440 --> 00:45:47,080
Speaker 3: to celebrate them when they're good, because when they're bad

897
00:45:47,120 --> 00:45:49,680
Speaker 3: you always feel stinct. Thanks Judith. That is Defense Minister

898
00:45:49,800 --> 00:45:52,000
Speaker 3: Judith Collins. Right now, it's twenty two plus five.

899
00:45:53,480 --> 00:45:56,000
Speaker 1: On your smart speaker, on the iHeart app, and in

900
00:45:56,120 --> 00:45:58,160
Speaker 1: your car on your drive home, it's.

901
00:45:58,360 --> 00:46:01,600
Speaker 2: Jack Dame on Heather Well see Allen drive with one

902
00:46:01,719 --> 00:46:04,600
Speaker 2: New Zealand. Let's get connected. And news talk as thea'd

903
00:46:04,640 --> 00:46:05,359
Speaker 2: be well.

904
00:46:05,360 --> 00:46:07,719
Speaker 3: The latest census start is out with numbers for all

905
00:46:07,800 --> 00:46:11,600
Speaker 3: sorts of data points, from ethnicity, home ownership, and income,

906
00:46:12,200 --> 00:46:15,399
Speaker 3: to gender and sexual identity. But the numbers that most

907
00:46:15,520 --> 00:46:19,320
Speaker 3: interested me today are buried in the housing stats, and

908
00:46:19,400 --> 00:46:22,040
Speaker 3: at first glance they might not seem like the sexiest.

909
00:46:22,520 --> 00:46:22,960
Speaker 6: But get this.

910
00:46:23,120 --> 00:46:25,240
Speaker 3: Back in twenty eighteen when we last died, the numbers

911
00:46:25,600 --> 00:46:29,800
Speaker 3: about one in six households in New Zealand recorded mold

912
00:46:30,520 --> 00:46:32,400
Speaker 3: that was bigger than an A four piece of paper

913
00:46:32,600 --> 00:46:34,520
Speaker 3: in their house. Okay, you hit around that about one

914
00:46:34,560 --> 00:46:38,120
Speaker 3: and six. More than twenty one percent of households at

915
00:46:38,120 --> 00:46:42,320
Speaker 3: that time recorded dampness at home. But despite our famously

916
00:46:42,520 --> 00:46:47,080
Speaker 3: crappy housing stock, the numbers have meaningfully improved. So today

917
00:46:47,880 --> 00:46:51,200
Speaker 3: eighteen percent of houses have dampness, which is what a

918
00:46:51,480 --> 00:46:54,480
Speaker 3: three point four percent improvement, and from one in six

919
00:46:54,600 --> 00:46:59,359
Speaker 3: homes previously, one in seven households now records mold at home.

920
00:47:00,000 --> 00:47:04,319
Speaker 3: So in real numbers, that's roughly seventy thousand fewer damp

921
00:47:04,400 --> 00:47:07,400
Speaker 3: homes and roughly fifty thousand fewer MOLDI homes than we

922
00:47:07,440 --> 00:47:09,319
Speaker 3: would have had if our housing was at the same

923
00:47:09,440 --> 00:47:12,040
Speaker 3: standard as it was in twenty eighteen, and you've got

924
00:47:12,120 --> 00:47:15,480
Speaker 3: to say that is real success. So what's changed in

925
00:47:15,520 --> 00:47:18,600
Speaker 3: that time. Well, obviously newer homes are more likely to

926
00:47:18,640 --> 00:47:22,080
Speaker 3: be built to a better, warmer standard. But I also

927
00:47:22,120 --> 00:47:24,200
Speaker 3: think you can you can credit some of that improvement

928
00:47:24,239 --> 00:47:27,240
Speaker 3: to the healthy home standards. And while of course bringing

929
00:47:27,320 --> 00:47:30,680
Speaker 3: rental stock up to standard has come at an expense,

930
00:47:31,320 --> 00:47:34,440
Speaker 3: it is surely nothing compared to the cost of healthcare

931
00:47:34,719 --> 00:47:38,560
Speaker 3: for those who would otherwise be getting sick and cold, damp,

932
00:47:38,880 --> 00:47:44,440
Speaker 3: moldy homes. There isn't all that much that the previous

933
00:47:44,520 --> 00:47:47,320
Speaker 3: government can hang its hat on in terms of enduring change.

934
00:47:47,920 --> 00:47:53,359
Speaker 3: But personally, I reckon that policy is a winner. Ninety

935
00:47:53,400 --> 00:47:54,920
Speaker 3: two is our text number if you want to get

936
00:47:54,960 --> 00:47:56,279
Speaker 3: in touch. We are going to take a closer look

937
00:47:56,280 --> 00:47:59,520
Speaker 3: at that census starter after five point thirty, including the

938
00:47:59,640 --> 00:48:03,160
Speaker 3: latest numbers on religion in New Zealand. And this probably

939
00:48:03,239 --> 00:48:08,040
Speaker 3: isn't a huge surprise, but we are more religious than ever. Well,

940
00:48:08,040 --> 00:48:11,000
Speaker 3: the proportion of people who list no religion has increased.

941
00:48:11,360 --> 00:48:15,520
Speaker 3: I think it's at its highest recorded level since we're

942
00:48:15,560 --> 00:48:19,440
Speaker 3: recording it, so now more than fifty one point six

943
00:48:19,480 --> 00:48:21,560
Speaker 3: percent of New Zealanders two and a half million people

944
00:48:21,600 --> 00:48:24,000
Speaker 3: in twenty twenty three, so they have no religion. That's

945
00:48:24,040 --> 00:48:27,400
Speaker 3: increased from forty eight percent of the population in twenty eighteen.

946
00:48:28,080 --> 00:48:31,439
Speaker 3: The largest religious group that's still Christianity. However, the number

947
00:48:31,480 --> 00:48:34,000
Speaker 3: of people who identified as Christian has dropped from thirty

948
00:48:34,040 --> 00:48:37,319
Speaker 3: six point five to thirty two percent. The next most

949
00:48:37,400 --> 00:48:42,719
Speaker 3: popular religions Hindus and then Islam. How about that news

950
00:48:42,800 --> 00:48:44,279
Speaker 3: is next on Newstalk Z'B.

951
00:48:46,400 --> 00:48:49,440
Speaker 1: Jack tam cutting through the noise to get the facts.

952
00:48:49,600 --> 00:48:53,399
Speaker 1: It's Jack Tam on Heather Duplicy Ellen drive with one

953
00:48:53,480 --> 00:48:56,400
Speaker 1: New Zealand. Let's get connected news talk as they'd be.

954
00:48:57,000 --> 00:49:01,200
Speaker 1: We were driving in your comes it's a fast film.

955
00:49:02,719 --> 00:49:07,600
Speaker 1: Seriously before in your arm fell and I run around Marcella.

956
00:49:07,120 --> 00:49:12,279
Speaker 3: And how be you a Jack Taime? Right now, it's

957
00:49:12,320 --> 00:49:14,760
Speaker 3: twenty four to six and stats n Z has released

958
00:49:14,800 --> 00:49:17,480
Speaker 3: a big chunk of census data today and for the

959
00:49:17,560 --> 00:49:20,279
Speaker 3: first time, more than half of the population in New

960
00:49:20,360 --> 00:49:23,239
Speaker 3: Zealand say they have no religion. The number of people

961
00:49:23,280 --> 00:49:25,520
Speaker 3: who identify as Christian has dropped from thirty six point

962
00:49:25,600 --> 00:49:28,480
Speaker 3: five percent of the population in twenty eighteen to thirty

963
00:49:28,560 --> 00:49:32,000
Speaker 3: two percent. The other largest religious groups were Hindu at

964
00:49:32,000 --> 00:49:35,040
Speaker 3: two point nine percent, Islam at one point five. Professor

965
00:49:35,080 --> 00:49:37,840
Speaker 3: Emeritus of Religion at Massi University, Peter linums with the

966
00:49:37,840 --> 00:49:40,200
Speaker 3: susceived in Kilder, Peter Kilda.

967
00:49:40,320 --> 00:49:40,879
Speaker 14: How are you, Jack?

968
00:49:41,160 --> 00:49:43,600
Speaker 3: Very well? Thank you? Are you surprised at all by this?

969
00:49:44,840 --> 00:49:47,880
Speaker 14: No, I'm not surprised, mind you. They haven't given us

970
00:49:47,960 --> 00:49:51,239
Speaker 14: much data. What you've told is about everything they've told

971
00:49:51,320 --> 00:49:53,799
Speaker 14: us so far, right, But what I can make out

972
00:49:54,160 --> 00:49:57,560
Speaker 14: is that, yeah, the decline in Christianity has been going

973
00:49:57,680 --> 00:50:02,920
Speaker 14: on since the nineteen sixties, and it's speeded up a

974
00:50:03,120 --> 00:50:07,520
Speaker 14: tremendous amount in the period from nineteen six through to

975
00:50:07,640 --> 00:50:12,080
Speaker 14: nineteen two thousand and six to twenty eighteen. It's still

976
00:50:12,200 --> 00:50:16,720
Speaker 14: going on. But what's quite interesting is that the proportion

977
00:50:16,840 --> 00:50:21,840
Speaker 14: of people choosing no religion, the speed at which that's increasing,

978
00:50:22,000 --> 00:50:25,400
Speaker 14: is going down a bit, and I think that means

979
00:50:25,480 --> 00:50:29,440
Speaker 14: that other religions are rising at the expense of Christianity.

980
00:50:29,840 --> 00:50:33,720
Speaker 3: That's interesting, right, would do you know what other religions

981
00:50:33,760 --> 00:50:36,200
Speaker 3: those would be, or would that be you know, Hindu

982
00:50:36,520 --> 00:50:37,040
Speaker 3: and Islam?

983
00:50:37,920 --> 00:50:41,360
Speaker 14: You know already Handu and Islam have increased, and that

984
00:50:41,480 --> 00:50:45,279
Speaker 14: reflects the immigration figures. But I think there may be

985
00:50:45,440 --> 00:50:47,240
Speaker 14: more to them that I'm waiting.

986
00:50:47,440 --> 00:50:47,759
Speaker 19: I gether.

987
00:50:47,800 --> 00:50:50,760
Speaker 14: I've got to wait until early December for the detailed figures,

988
00:50:51,600 --> 00:50:55,279
Speaker 14: so ten hooks till then. But I suspect that there's

989
00:50:55,320 --> 00:50:57,799
Speaker 14: also been quite a growth of what you might call

990
00:50:57,960 --> 00:51:02,600
Speaker 14: new age trape religions religious forms. I think there's a

991
00:51:02,640 --> 00:51:07,400
Speaker 14: bit of evidence that people, especially mulder people, are exploring

992
00:51:07,520 --> 00:51:10,680
Speaker 14: around for alternatives to traditional religion.

993
00:51:10,960 --> 00:51:14,400
Speaker 3: Yeah, or alternative forms of spirituality.

994
00:51:15,360 --> 00:51:19,720
Speaker 14: Yeah, that's right, that's right. So these are the figures.

995
00:51:19,800 --> 00:51:24,400
Speaker 14: These are only the figures phenomenal adherents. So it doesn't

996
00:51:24,560 --> 00:51:28,040
Speaker 14: measure spirituality unless people say they have a commitment to

997
00:51:28,160 --> 00:51:31,359
Speaker 14: that spirituality, and awful lot of the people who say

998
00:51:31,520 --> 00:51:34,799
Speaker 14: none are quite spiritual in their outline. Yeah.

999
00:51:36,000 --> 00:51:40,960
Speaker 3: How many people do you think are distinguished between being

1000
00:51:41,080 --> 00:51:46,279
Speaker 3: agnostic or or having no religion and actively believing there

1001
00:51:46,360 --> 00:51:46,959
Speaker 3: is no God?

1002
00:51:48,320 --> 00:51:51,319
Speaker 14: So we got some rough figures on that from other surveys,

1003
00:51:51,400 --> 00:51:54,200
Speaker 14: the Value Survey, and that would suggest to us that

1004
00:51:54,440 --> 00:51:58,400
Speaker 14: roughly half of the people who say they have no religion,

1005
00:51:58,560 --> 00:52:02,120
Speaker 14: so about a course the population, so they don't believe in.

1006
00:52:02,160 --> 00:52:05,319
Speaker 3: God atheists essentially, yeah, that ripe.

1007
00:52:05,360 --> 00:52:10,480
Speaker 14: Yeah, and the other quarter will have various outlooks where

1008
00:52:10,480 --> 00:52:13,280
Speaker 14: they're not they're not putting their money on any line

1009
00:52:13,360 --> 00:52:13,840
Speaker 14: if you like.

1010
00:52:15,560 --> 00:52:18,040
Speaker 3: Yeah, that's that's that's interesting, isn't it. You know, I

1011
00:52:18,120 --> 00:52:20,879
Speaker 3: wonder if that is likely to change it all as well?

1012
00:52:20,920 --> 00:52:23,560
Speaker 3: Have you have you seen you know, have the numbers

1013
00:52:23,600 --> 00:52:25,640
Speaker 3: on that front changed it all? As you've seen this

1014
00:52:25,840 --> 00:52:27,319
Speaker 3: big shift since two thousand and six.

1015
00:52:28,360 --> 00:52:32,359
Speaker 14: Yeah, there's a bit of evidence certainly that the kind

1016
00:52:32,400 --> 00:52:37,040
Speaker 14: of hard atheism option which was tremendously popular in two

1017
00:52:37,080 --> 00:52:40,720
Speaker 14: thousand and six, with the new atheism, has really faded

1018
00:52:40,800 --> 00:52:46,680
Speaker 14: significantly and people are much more exploratory about Remember, we're

1019
00:52:46,680 --> 00:52:49,799
Speaker 14: talking about a new generation of young people who are

1020
00:52:50,040 --> 00:52:53,360
Speaker 14: really interested in all sorts of aspects of lives that

1021
00:52:53,480 --> 00:52:55,560
Speaker 14: their parents wouldn't have dreamt of talking about.

1022
00:52:56,200 --> 00:52:57,960
Speaker 3: And now, of course, this is the first census in

1023
00:52:58,000 --> 00:53:02,800
Speaker 3: which they asked about gen to identity and sexual identity.

1024
00:53:02,920 --> 00:53:07,080
Speaker 3: So forty seven thousand people identified as being homosexual, more

1025
00:53:07,120 --> 00:53:11,320
Speaker 3: than seventy eight thousand identified as being bisexual. That's interesting.

1026
00:53:11,719 --> 00:53:13,480
Speaker 3: So what do you read into those figures better?

1027
00:53:14,400 --> 00:53:21,200
Speaker 14: Oh, well, the homosexual figure, the existing surveys would have

1028
00:53:21,280 --> 00:53:23,359
Speaker 14: led us to believe it was quite a bit lower

1029
00:53:23,440 --> 00:53:27,000
Speaker 14: than that but they've given us a breakdown of the ages,

1030
00:53:27,120 --> 00:53:29,920
Speaker 14: and there's no question about it that young people now

1031
00:53:30,000 --> 00:53:34,239
Speaker 14: are much more likely to identify as gendered on conforming,

1032
00:53:34,360 --> 00:53:40,279
Speaker 14: so they're either gay or they're exploring antiloquises for transfigure

1033
00:53:40,320 --> 00:53:42,800
Speaker 14: as well. So there's a whole lot of new factors.

1034
00:53:42,840 --> 00:53:44,920
Speaker 14: And you see, it could be linked to the religious

1035
00:53:44,960 --> 00:53:49,160
Speaker 14: as well, that this exploratory aspect of young people far

1036
00:53:49,320 --> 00:53:52,240
Speaker 14: more will think of alternatives than their parents.

1037
00:53:52,719 --> 00:53:56,759
Speaker 3: Yeah, I don't know. I just feel completely unqualified to

1038
00:53:56,800 --> 00:53:58,400
Speaker 3: comment all on the of this, which is in the

1039
00:53:58,440 --> 00:54:00,480
Speaker 3: first time in my life that I'm a little bit

1040
00:54:00,560 --> 00:54:03,879
Speaker 3: surprised that almost double the number of people, certainly thirty

1041
00:54:03,960 --> 00:54:06,799
Speaker 3: or forty percent more people have identified as being bisexual

1042
00:54:06,880 --> 00:54:10,240
Speaker 3: than have identified as being homosexual, as gay or lesbian,

1043
00:54:10,360 --> 00:54:12,160
Speaker 3: which I suppose speaks to the kind of you know,

1044
00:54:12,320 --> 00:54:14,600
Speaker 3: maybe speaks to the changing social norms.

1045
00:54:15,480 --> 00:54:19,440
Speaker 14: Well, it's generally thought in the gay world anyway, that

1046
00:54:19,680 --> 00:54:24,279
Speaker 14: the first step identifying as homosexual is to say you're bisexual,

1047
00:54:25,640 --> 00:54:29,080
Speaker 14: to reflect that you're not quite sure you're there. But

1048
00:54:29,320 --> 00:54:33,880
Speaker 14: since the age of those people, it's very predominantly in

1049
00:54:34,120 --> 00:54:38,640
Speaker 14: the ten to ten to twenty five age band. Yeah, right,

1050
00:54:39,440 --> 00:54:41,279
Speaker 14: not all of those and think I would think, you

1051
00:54:41,360 --> 00:54:43,279
Speaker 14: know a great majority of those will end up has

1052
00:54:43,320 --> 00:54:46,600
Speaker 14: been heterosexual. Yeah, but it's fascinating that they're exploring.

1053
00:54:46,920 --> 00:54:49,200
Speaker 3: Yeah. Oh, thanks, Peter, I appreciate that. Don't now have

1054
00:54:49,280 --> 00:54:51,560
Speaker 3: any doubt of you on how many people identified as Jedi.

1055
00:54:51,760 --> 00:54:53,279
Speaker 3: I know that was always a bit of a laugh.

1056
00:54:53,360 --> 00:54:56,160
Speaker 3: And back in the day nineteen to six on news Storgs.

1057
00:54:55,880 --> 00:54:59,600
Speaker 1: He'd be the huddle with New Zealand Southerby's International Realty,

1058
00:55:00,000 --> 00:55:01,960
Speaker 1: Local and global exposure like no.

1059
00:55:02,160 --> 00:55:05,440
Speaker 3: Other Huddler's This Evening Jordan Williams, who's the executive director

1060
00:55:05,480 --> 00:55:08,160
Speaker 3: of the Taxpayers Union and the chief executive of Infrastructure

1061
00:55:08,200 --> 00:55:13,000
Speaker 3: New Zealand, mister Nick Leggett Kilda Cordauwa, Jordan, are you

1062
00:55:13,160 --> 00:55:16,759
Speaker 3: surprised that we are becoming even less religious than we

1063
00:55:16,840 --> 00:55:17,480
Speaker 3: were previously?

1064
00:55:18,320 --> 00:55:19,480
Speaker 11: No, I'm not really surprised.

1065
00:55:20,480 --> 00:55:20,520
Speaker 4: Me.

1066
00:55:21,560 --> 00:55:25,480
Speaker 11: My mother made enormous sacrifices and sent me through a

1067
00:55:25,560 --> 00:55:31,640
Speaker 11: Christian education, all boys, Anglican and Presbyterian school. Despite please

1068
00:55:31,640 --> 00:55:34,960
Speaker 11: don't tell anyone this, but despite to my embarrassment, winning

1069
00:55:35,040 --> 00:55:38,720
Speaker 11: the Religious Studies trophy in my last year of high school,

1070
00:55:40,360 --> 00:55:45,080
Speaker 11: I didn't even yet. Thanks that, you know, I became

1071
00:55:45,280 --> 00:55:48,200
Speaker 11: very clear once I started as a young lawyer, because

1072
00:55:48,200 --> 00:55:51,680
Speaker 11: of course, so much of the the sort of moral

1073
00:55:51,760 --> 00:55:56,680
Speaker 11: metaphors biblical that I just had no idea and it

1074
00:55:56,920 --> 00:55:59,080
Speaker 11: sort of to me it illustrates the problem with the

1075
00:55:59,120 --> 00:56:02,040
Speaker 11: Anglican and the rest from the traditional churches. Is at

1076
00:56:02,160 --> 00:56:05,640
Speaker 11: no point during my schooling where we sat down and

1077
00:56:05,880 --> 00:56:08,200
Speaker 11: told this is what we believe, this is what they believe.

1078
00:56:08,680 --> 00:56:11,680
Speaker 11: We're right, they're wrong, and we scratch our head as

1079
00:56:11,719 --> 00:56:15,239
Speaker 11: to why the churches are dying. They don't even teach

1080
00:56:15,280 --> 00:56:16,120
Speaker 11: it at school anymore.

1081
00:56:16,760 --> 00:56:17,920
Speaker 3: Nick, what do you put it down to?

1082
00:56:20,239 --> 00:56:22,520
Speaker 20: Well, I think it's just the general trend, is it

1083
00:56:22,640 --> 00:56:29,560
Speaker 20: not that Western society has moved further away from organized religion,

1084
00:56:30,360 --> 00:56:33,279
Speaker 20: you know, and religion and culture were so tied up

1085
00:56:33,480 --> 00:56:36,600
Speaker 20: even fifty years ago in New Zealand, and that came

1086
00:56:36,719 --> 00:56:41,360
Speaker 20: from the fact that our four bears, the Parkier four bears,

1087
00:56:42,000 --> 00:56:45,719
Speaker 20: you know, often came from quite divided societies and that

1088
00:56:46,040 --> 00:56:48,600
Speaker 20: were religious but base. You know, if you're a Scottish

1089
00:56:48,640 --> 00:56:50,719
Speaker 20: you tended to be a Presbyterian, if you're Irish you

1090
00:56:50,800 --> 00:56:55,440
Speaker 20: tended to be Catholic. Those things broke down as we intermarried,

1091
00:56:55,560 --> 00:56:59,400
Speaker 20: as we were between Marty and Parkier, between Pakia and Pakia,

1092
00:56:59,560 --> 00:57:04,120
Speaker 20: and we formed a sort of a new consensus in

1093
00:57:04,200 --> 00:57:06,600
Speaker 20: this country. But I think Jordan's points right as well.

1094
00:57:06,640 --> 00:57:09,680
Speaker 20: And I think we've lost something because our law is

1095
00:57:09,880 --> 00:57:15,759
Speaker 20: based on those sort of fundamental tenements and we're not

1096
00:57:15,880 --> 00:57:16,280
Speaker 20: teaching it.

1097
00:57:17,320 --> 00:57:18,000
Speaker 4: That's a problem.

1098
00:57:18,160 --> 00:57:21,280
Speaker 3: Yeah, So more mood of the boardroom today. We'll get

1099
00:57:21,320 --> 00:57:24,160
Speaker 3: to the ministerial rankings in a couple of minutes. But interesting,

1100
00:57:24,200 --> 00:57:28,720
Speaker 3: the Finance Minister invited her opposition counterpart, Barbara Edmans, to

1101
00:57:28,760 --> 00:57:32,080
Speaker 3: have a serious conversation about the future of superannuation in

1102
00:57:32,160 --> 00:57:34,960
Speaker 3: New Zealand. Do you think this means that superannuation changes

1103
00:57:35,000 --> 00:57:38,280
Speaker 3: will have bipartisan support? Jordan, Well, it's the only way

1104
00:57:38,280 --> 00:57:38,800
Speaker 3: to get it through.

1105
00:57:38,880 --> 00:57:42,320
Speaker 11: I think this is very, very significant and good news

1106
00:57:42,360 --> 00:57:47,920
Speaker 11: for taxpayers that oppositions both Labor and National have pointed

1107
00:57:47,960 --> 00:57:52,640
Speaker 11: out the blindingly obvious for now many decades that enzed

1108
00:57:52,720 --> 00:57:55,800
Speaker 11: super as it stands is unaffordable in the long term.

1109
00:57:56,960 --> 00:57:59,840
Speaker 11: But now it's actually within the you know, it's with

1110
00:58:00,120 --> 00:58:04,360
Speaker 11: in the fiscal horizon. You look at last year, sorry,

1111
00:58:04,400 --> 00:58:07,040
Speaker 11: this year's budget. You know we're currently spending nineteen and

1112
00:58:07,120 --> 00:58:11,640
Speaker 11: a half billion dollars for NZ Super in just five

1113
00:58:11,800 --> 00:58:15,640
Speaker 11: years time, we're spending twenty seven point nine billion. It's

1114
00:58:15,680 --> 00:58:19,480
Speaker 11: a forty three percent increase in just five years. So well,

1115
00:58:19,680 --> 00:58:23,760
Speaker 11: that's twenty eight billion across a revenue forecast to be

1116
00:58:23,760 --> 00:58:28,360
Speaker 11: about one hundred and fifty billion total tax take by

1117
00:58:28,360 --> 00:58:33,120
Speaker 11: the end of that period. It is just enormous, and

1118
00:58:33,400 --> 00:58:35,280
Speaker 11: every expert will tell you that we've got to deal

1119
00:58:35,320 --> 00:58:38,200
Speaker 11: with it. But what we're seeing is that actually you

1120
00:58:38,320 --> 00:58:41,040
Speaker 11: can't really continue to kick the can down the road

1121
00:58:41,200 --> 00:58:42,000
Speaker 11: because here it is.

1122
00:58:42,360 --> 00:58:45,160
Speaker 3: I know that the Retirement Commission says that actually New

1123
00:58:45,240 --> 00:58:49,240
Speaker 3: Zealand Super as it stands, with full eligibility at sixty five,

1124
00:58:49,480 --> 00:58:52,240
Speaker 3: is sustainable in the future, but it probably depends on

1125
00:58:52,240 --> 00:58:56,240
Speaker 3: which economists you speak to. Nick, If labor and national

1126
00:58:56,360 --> 00:58:58,240
Speaker 3: actually agree to this, do you think we're going to

1127
00:58:58,280 --> 00:59:00,680
Speaker 3: get anywhere Because in the past there's always been a

1128
00:59:00,720 --> 00:59:02,800
Speaker 3: bit of politicking on both sides, but obviously it's the

1129
00:59:02,960 --> 00:59:05,960
Speaker 3: likes of New Zealand First and Act that have really

1130
00:59:06,080 --> 00:59:07,480
Speaker 3: pold her opposed positions.

1131
00:59:08,960 --> 00:59:09,160
Speaker 12: Yeah.

1132
00:59:09,240 --> 00:59:13,560
Speaker 20: Well, look, the numbers are eye watering and they are unsustainable.

1133
00:59:13,800 --> 00:59:16,600
Speaker 20: So the only way to deal with this is to

1134
00:59:16,760 --> 00:59:19,400
Speaker 20: reach across the aisle if you're the government in this

1135
00:59:19,480 --> 00:59:22,000
Speaker 20: case or if you're national So I think Nikola Willis

1136
00:59:22,040 --> 00:59:26,640
Speaker 20: has done the absolute right thing in making the public signal.

1137
00:59:27,080 --> 00:59:30,880
Speaker 20: And Barbara Evans is the finance spokesperson for Labor, is

1138
00:59:30,920 --> 00:59:34,360
Speaker 20: the ideal person to grab her hand because she's sensible too.

1139
00:59:34,880 --> 00:59:37,760
Speaker 20: So what we've got to do, I think kiwis like

1140
00:59:37,840 --> 00:59:41,520
Speaker 20: by partisnship. It's the only way to deal with the

1141
00:59:41,680 --> 00:59:43,240
Speaker 20: big problems confronting us.

1142
00:59:43,280 --> 00:59:44,520
Speaker 6: And this is not the only one.

1143
00:59:44,960 --> 00:59:47,920
Speaker 20: But what we've got to do is ensure that we

1144
00:59:48,080 --> 00:59:50,440
Speaker 20: actually get to you know, and this is where public

1145
00:59:50,480 --> 00:59:53,680
Speaker 20: pressure comes on. And Jack, you've you've been involved in

1146
00:59:54,480 --> 00:59:58,960
Speaker 20: discussions and infrastructure recently, where we where the infrastructure industry

1147
00:59:59,040 --> 01:00:03,840
Speaker 20: wants by parsnship as well. It's a nice term, but

1148
01:00:04,280 --> 01:00:08,440
Speaker 20: it's actually incumbent on Kiwi's on all of us who comment,

1149
01:00:08,560 --> 01:00:12,760
Speaker 20: who watch, who are involved, you know, as citizens, to

1150
01:00:13,000 --> 01:00:16,000
Speaker 20: make sure that something tangible falls out at the bottom.

1151
01:00:16,480 --> 01:00:19,160
Speaker 20: And we have to grasp this and we have to

1152
01:00:19,240 --> 01:00:21,560
Speaker 20: make sure that at least both the major parties can

1153
01:00:21,640 --> 01:00:25,720
Speaker 20: come to some kind of place in the middle where

1154
01:00:26,200 --> 01:00:29,320
Speaker 20: we stage out. You know, sixty five has been the

1155
01:00:29,440 --> 01:00:31,120
Speaker 20: place that you know, that the age that we get

1156
01:00:31,240 --> 01:00:35,760
Speaker 20: universal super Jack, You, Jordan and myself, we're all sort

1157
01:00:35,800 --> 01:00:40,040
Speaker 20: of in an age group. It seems I've never bet

1158
01:00:40,200 --> 01:00:42,320
Speaker 20: on the fact that in twenty years time I'm going

1159
01:00:42,400 --> 01:00:45,240
Speaker 20: to get a nice weekly superannuation payment.

1160
01:00:45,320 --> 01:00:46,240
Speaker 19: And we shouldn't do that.

1161
01:00:46,960 --> 01:00:49,640
Speaker 20: We should think about phasing that in later.

1162
01:00:49,840 --> 01:00:52,320
Speaker 19: And now you know the conversation has to start.

1163
01:00:52,600 --> 01:00:54,080
Speaker 3: Yeah, all right, we'll be back with a huddle in

1164
01:00:54,120 --> 01:00:56,200
Speaker 3: a couple of minutes. Netle Get Jordan Williams. Right now

1165
01:00:56,280 --> 01:00:57,080
Speaker 3: it is thirteen to.

1166
01:00:57,120 --> 01:01:02,320
Speaker 1: Six Huddle with New Zealand Sothby's International Realty Elevate the

1167
01:01:02,400 --> 01:01:03,280
Speaker 1: marketing of your.

1168
01:01:03,200 --> 01:01:06,160
Speaker 3: Home on the Huddle this evening, Nick Leggett and Jordan Williams.

1169
01:01:06,240 --> 01:01:09,400
Speaker 3: So Nick, a nineteen year old has been arrested and

1170
01:01:09,560 --> 01:01:12,400
Speaker 3: charged for a smishing scam. If you've never heard of

1171
01:01:12,400 --> 01:01:14,760
Speaker 3: the words smishing, I hadn't until today either. Basically, it

1172
01:01:14,840 --> 01:01:18,240
Speaker 3: means using technology to send out hundreds and hundreds of

1173
01:01:18,320 --> 01:01:21,000
Speaker 3: text messages that look like they've come from a reputable

1174
01:01:21,120 --> 01:01:23,680
Speaker 3: source like a bank or something like that, asking for

1175
01:01:23,760 --> 01:01:26,400
Speaker 3: people's personal information. Have you got one of these texts before?

1176
01:01:28,440 --> 01:01:30,640
Speaker 20: Yes, like most people, I think I have, and I

1177
01:01:30,680 --> 01:01:33,800
Speaker 20: don't know why we're surprised at the nineteen year old.

1178
01:01:33,960 --> 01:01:36,320
Speaker 21: Who are the people that are the smartest with technology.

1179
01:01:36,400 --> 01:01:38,000
Speaker 21: It does tend to be younger people.

1180
01:01:38,040 --> 01:01:39,040
Speaker 6: But it is concerning.

1181
01:01:39,560 --> 01:01:42,960
Speaker 21: And you know, I mean, as fast as we build

1182
01:01:43,000 --> 01:01:46,400
Speaker 21: the barriers to stop these kind of scams, the scammers

1183
01:01:46,440 --> 01:01:50,040
Speaker 21: are building you know, flash of stuff to overcome them.

1184
01:01:50,160 --> 01:01:51,800
Speaker 21: So it's just kind of it's something we have to

1185
01:01:51,840 --> 01:01:53,280
Speaker 21: live with, doesn't it that we have to keep pushing

1186
01:01:53,320 --> 01:01:53,800
Speaker 21: back against.

1187
01:01:53,880 --> 01:01:54,440
Speaker 6: Yes, it is.

1188
01:01:54,680 --> 01:01:57,080
Speaker 3: One of the Texas has suggested the Jordan that perhaps

1189
01:01:57,160 --> 01:02:00,400
Speaker 3: this young person deserves not time in the cells, maybe

1190
01:02:00,880 --> 01:02:03,920
Speaker 3: a firm hand on their shoulder and some guidance to

1191
01:02:04,000 --> 01:02:06,040
Speaker 3: an IT company or something like that. Maybe with these

1192
01:02:06,080 --> 01:02:09,040
Speaker 3: skills could be used for good all the security services.

1193
01:02:10,120 --> 01:02:14,320
Speaker 11: Yeah, I mean this is something that obviously, given work

1194
01:02:14,360 --> 01:02:17,720
Speaker 11: in politics, something I think about a lot, and something

1195
01:02:17,760 --> 01:02:20,800
Speaker 11: that's worried me for a long time is the vulnerability

1196
01:02:20,920 --> 01:02:24,480
Speaker 11: of our telecommunications. Something that's starting to happen more and

1197
01:02:24,560 --> 01:02:25,960
Speaker 11: more in New Zealand. It's similar to this.

1198
01:02:26,480 --> 01:02:28,360
Speaker 2: It's something called sim swapping.

1199
01:02:28,040 --> 01:02:31,680
Speaker 11: Which it looks like this basically replicated it sort of

1200
01:02:31,760 --> 01:02:35,760
Speaker 11: created a sort of fictitious or false mobile network to

1201
01:02:35,760 --> 01:02:39,040
Speaker 11: connect to your phone and send these what the phone

1202
01:02:39,080 --> 01:02:44,400
Speaker 11: thinks and network messages. I've tried to engage with one

1203
01:02:44,600 --> 01:02:51,000
Speaker 11: and Spark. Spark will absolutely useless about extra steps that

1204
01:02:51,360 --> 01:02:54,840
Speaker 11: one could take if you work in politics or you know,

1205
01:02:54,920 --> 01:02:58,440
Speaker 11: the corporate world, because one of the biggest vulnerabilities for

1206
01:02:58,680 --> 01:03:02,240
Speaker 11: people like you and me jack as a basic sim swap,

1207
01:03:02,400 --> 01:03:04,480
Speaker 11: and it's starting to happen more and more in New Zealand,

1208
01:03:04,760 --> 01:03:07,480
Speaker 11: and I think that our telecommunications companies are I mean,

1209
01:03:07,560 --> 01:03:09,880
Speaker 11: it's great that this has been pounced on, But I

1210
01:03:10,120 --> 01:03:13,040
Speaker 11: listened to that interview earlier with it was it Gary

1211
01:03:13,080 --> 01:03:17,080
Speaker 11: Williams or someone saying that how quick Dea and the

1212
01:03:17,160 --> 01:03:21,280
Speaker 11: telecoms were onto us. That certainly is not what I've

1213
01:03:21,360 --> 01:03:24,600
Speaker 11: experienced in New Zealand, both with the telecoms and in

1214
01:03:24,760 --> 01:03:29,640
Speaker 11: terms of cybersecurity and political parties and political organizations. I

1215
01:03:29,680 --> 01:03:32,600
Speaker 11: can tell you that my equivalents around the world have

1216
01:03:32,760 --> 01:03:35,960
Speaker 11: a heck of a lot better support, whereas here I

1217
01:03:36,080 --> 01:03:39,600
Speaker 11: know that even the political parties get no assistance whatsoever

1218
01:03:40,120 --> 01:03:43,600
Speaker 11: in terms of ensuring that these systems aren't manipulated by

1219
01:03:43,640 --> 01:03:45,680
Speaker 11: foreign actors or hackers.

1220
01:03:46,000 --> 01:03:46,960
Speaker 3: Is that right? They get none?

1221
01:03:48,240 --> 01:03:50,320
Speaker 11: No, we just walking to the political parties and obviously

1222
01:03:50,440 --> 01:03:53,280
Speaker 11: something that we think about, whereas I know in Britain,

1223
01:03:53,360 --> 01:03:59,560
Speaker 11: for example, because the Chinese focus on think tanks, their

1224
01:03:59,600 --> 01:04:05,080
Speaker 11: equivalent of GCSB actually help are pretty proactive in ensuring

1225
01:04:05,160 --> 01:04:07,960
Speaker 11: that civil society, you know, that civil society is protected.

1226
01:04:09,360 --> 01:04:11,120
Speaker 11: Except for this, I don't want to go in to

1227
01:04:11,160 --> 01:04:12,800
Speaker 11: each other. There's something happened to us during the election.

1228
01:04:13,360 --> 01:04:20,040
Speaker 11: Except for incident responses, which we've found our security services

1229
01:04:20,480 --> 01:04:25,440
Speaker 11: very good with, there's very little in terms of defense.

1230
01:04:25,160 --> 01:04:25,600
Speaker 3: At the top.

1231
01:04:25,760 --> 01:04:28,880
Speaker 11: Yeah, yeah, yeah, the actual defense ensuring we're in the

1232
01:04:28,920 --> 01:04:29,640
Speaker 11: defensive position.

1233
01:04:29,800 --> 01:04:31,280
Speaker 3: Yeah, all right, Hey, thanks for your time, guys. I

1234
01:04:31,280 --> 01:04:33,640
Speaker 3: appreciated our huddle this evening. Nick leg Get, the chief

1235
01:04:33,640 --> 01:04:36,400
Speaker 3: executive of Infrastructure New Zealand and the executive director of

1236
01:04:36,440 --> 01:04:39,440
Speaker 3: the Taxpayers Union Jordan Williams it is seven to six

1237
01:04:39,520 --> 01:04:40,120
Speaker 3: on News Talks.

1238
01:04:40,120 --> 01:04:43,680
Speaker 1: He'd be on your smart speaker, on the iHeart app

1239
01:04:43,800 --> 01:04:46,760
Speaker 1: and in your car on your drive home. Heather Duplic

1240
01:04:46,960 --> 01:04:50,720
Speaker 1: Allen drive with One New Zealand One Giant Leap for

1241
01:04:50,840 --> 01:04:52,080
Speaker 1: Business News.

1242
01:04:51,920 --> 01:04:55,200
Speaker 3: Talk News Talk said, be you were Jack Tame, Thank

1243
01:04:55,240 --> 01:04:55,920
Speaker 3: you for your feedback.

1244
01:04:55,960 --> 01:04:56,160
Speaker 6: Jack.

1245
01:04:56,240 --> 01:04:59,720
Speaker 3: Absolute rubbish. It's absolute rubbish that the super age has

1246
01:04:59,760 --> 01:05:03,200
Speaker 3: to increase one year to sixty six at the absolute most,

1247
01:05:03,400 --> 01:05:05,840
Speaker 3: says Doug. Well, okay, you're going to pay for it.

1248
01:05:07,120 --> 01:05:09,200
Speaker 3: We will asked the Finance Minster Nichola Willis is going

1249
01:05:09,240 --> 01:05:10,680
Speaker 3: to be with us after six o'clock, so we will

1250
01:05:10,680 --> 01:05:13,120
Speaker 3: ask her about the board of the mood of the boardroom,

1251
01:05:13,560 --> 01:05:16,680
Speaker 3: plus the conversation a really interesting conversation she had with

1252
01:05:16,840 --> 01:05:20,600
Speaker 3: her labor counterpart Barbara Edmonds, calling for a serious conversation

1253
01:05:20,680 --> 01:05:25,080
Speaker 3: about the future of superannuation eligibility in New Zealand. As

1254
01:05:25,120 --> 01:05:28,880
Speaker 3: well as that, a slightly more nuanced debate maybe about

1255
01:05:28,880 --> 01:05:30,840
Speaker 3: a capital gains tax as well. So we'll take a

1256
01:05:30,880 --> 01:05:33,880
Speaker 3: closer look at that. And interesting news out of the US.

1257
01:05:34,280 --> 01:05:37,920
Speaker 3: Despite the warming climate and the desire for us all

1258
01:05:38,000 --> 01:05:39,919
Speaker 3: to move to cleaner forms of energy, it's all happening,

1259
01:05:40,000 --> 01:05:42,720
Speaker 3: of course, at exactly the same time that energy demands

1260
01:05:42,720 --> 01:05:47,320
Speaker 3: are increasing around the world. The likes of AI cryptocurrency,

1261
01:05:47,360 --> 01:05:49,280
Speaker 3: even those things are going to put even more demands

1262
01:05:49,440 --> 01:05:55,480
Speaker 3: on energy. So in the US, alongside their traditional energy sources,

1263
01:05:56,240 --> 01:05:57,760
Speaker 3: there's been a bit of a movement, bit of a

1264
01:05:57,880 --> 01:06:01,040
Speaker 3: surge in support for nuclear power. So we are going

1265
01:06:01,120 --> 01:06:03,120
Speaker 3: to tell you more about that after six. News is

1266
01:06:03,160 --> 01:06:05,320
Speaker 3: next though it's almost six o'clock. I'm Jack Tame. This

1267
01:06:05,560 --> 01:06:06,400
Speaker 3: is News dogs ZEDB.

1268
01:06:09,320 --> 01:06:13,680
Speaker 1: What's down? What were the major cause and how will

1269
01:06:13,720 --> 01:06:16,680
Speaker 1: it affect the economy? Of the big business questions on

1270
01:06:16,920 --> 01:06:21,040
Speaker 1: the Business Hour with Jack Tame and my Hr on

1271
01:06:21,240 --> 01:06:21,920
Speaker 1: Newstalks V.

1272
01:06:26,480 --> 01:06:26,680
Speaker 9: News.

1273
01:06:26,760 --> 01:06:30,520
Speaker 3: Doorgs 'bu with Jack Tame before seven o'clock this evening,

1274
01:06:30,840 --> 01:06:34,560
Speaker 3: we're going to take a look at the demand for

1275
01:06:34,800 --> 01:06:37,720
Speaker 3: nuclear energy increasing. It's mainly a bit of a resurgence

1276
01:06:37,880 --> 01:06:41,280
Speaker 3: in the US, really intriguing giving some of the energy

1277
01:06:41,320 --> 01:06:44,800
Speaker 3: debates and the role that energy is playing in the

1278
01:06:45,200 --> 01:06:47,400
Speaker 3: current election contest. So we'll tell you a bit more

1279
01:06:47,440 --> 01:06:49,880
Speaker 3: about that before seven o'clock. Right now it is seven

1280
01:06:49,920 --> 01:06:52,040
Speaker 3: minutes past six and some of the country's major business

1281
01:06:52,120 --> 01:06:54,560
Speaker 3: leaders have had the essay. In the New Zealand Herald's

1282
01:06:54,640 --> 01:06:58,120
Speaker 3: Mood of the Boardroom survey, the main domestic concerns are

1283
01:06:58,160 --> 01:07:00,760
Speaker 3: the price and supply of energy, don't worry to know

1284
01:07:00,840 --> 01:07:04,200
Speaker 3: and suggesting nuclear here just yet, the cost of living,

1285
01:07:04,480 --> 01:07:08,080
Speaker 3: high interest rates, emerging cyber threats and rising insurance costs.

1286
01:07:08,480 --> 01:07:11,520
Speaker 3: Most are confident in Finance Minister Nicola willis Is handling

1287
01:07:11,560 --> 01:07:15,120
Speaker 3: of the economy and in Education Minister Erica Stanford, who

1288
01:07:15,200 --> 01:07:18,440
Speaker 3: came out top of the pops, the top performer out

1289
01:07:18,480 --> 01:07:21,280
Speaker 3: of cabinet so far. Finance Minister Nichola Willis is with

1290
01:07:21,440 --> 01:07:21,640
Speaker 3: us this.

1291
01:07:21,680 --> 01:07:23,400
Speaker 18: Evening, killder good evening.

1292
01:07:23,960 --> 01:07:26,720
Speaker 3: Would you say, overall pretty decent results.

1293
01:07:27,800 --> 01:07:28,000
Speaker 4: Yeah.

1294
01:07:28,240 --> 01:07:31,520
Speaker 22: Look, I think it's good to see that business shares

1295
01:07:31,600 --> 01:07:35,080
Speaker 22: the government's optimism that we're turning a corner on the economy,

1296
01:07:35,120 --> 01:07:37,560
Speaker 22: that we are seeing green shoots, and they're focused on

1297
01:07:37,680 --> 01:07:41,280
Speaker 22: the same things we are, which is, let's get growth happening, investments,

1298
01:07:41,640 --> 01:07:45,400
Speaker 22: new jobs, more innovation, more exporting. So we're on the

1299
01:07:45,440 --> 01:07:45,880
Speaker 22: same page.

1300
01:07:46,240 --> 01:07:48,400
Speaker 3: How long do you think it takes for that optimism

1301
01:07:49,040 --> 01:07:51,080
Speaker 3: to trickle through to other parts of the economy that

1302
01:07:51,160 --> 01:07:52,320
Speaker 3: are maybe still a bit gloomy.

1303
01:07:53,480 --> 01:07:56,080
Speaker 22: Well, I think as we see interest rates falling, we

1304
01:07:56,200 --> 01:07:59,280
Speaker 22: will see that spread through the regions and through a

1305
01:07:59,360 --> 01:08:02,840
Speaker 22: number of different sets. You are seeing the optimism scores

1306
01:08:02,920 --> 01:08:08,160
Speaker 22: and the business confidence surveys increasing pretty dramatically already, but

1307
01:08:08,320 --> 01:08:11,240
Speaker 22: unrealistic if you're a small business in some parts of

1308
01:08:11,320 --> 01:08:13,240
Speaker 22: the country, if you're in one of the regions that's

1309
01:08:13,280 --> 01:08:16,599
Speaker 22: been badly affected by a mill closure, you're not feeling

1310
01:08:16,640 --> 01:08:19,360
Speaker 22: it yet, So it will take some time for the

1311
01:08:19,479 --> 01:08:20,160
Speaker 22: chair to spread.

1312
01:08:20,640 --> 01:08:22,560
Speaker 3: What was the message that you got today when it

1313
01:08:22,600 --> 01:08:24,040
Speaker 3: comes to energy prices.

1314
01:08:24,840 --> 01:08:27,400
Speaker 22: Well, it's clear that this is a major concern for business,

1315
01:08:27,800 --> 01:08:32,559
Speaker 22: and I agree with them. Having affordable, low carbon sources

1316
01:08:32,560 --> 01:08:35,439
Speaker 22: of electricity. Electricity is going to be critical to New

1317
01:08:35,520 --> 01:08:38,559
Speaker 22: Zealand's future. We're doing our bit with the fast track

1318
01:08:38,640 --> 01:08:41,280
Speaker 22: consenting regime that we think will allow a lot more

1319
01:08:41,360 --> 01:08:46,160
Speaker 22: renewable generation projects to come on faster that solar, that's wind,

1320
01:08:46,560 --> 01:08:49,760
Speaker 22: potentially geothermal. We're going to need that because the world

1321
01:08:49,880 --> 01:08:53,760
Speaker 22: is now competing for affordable electricity, and New Zealand wants

1322
01:08:53,800 --> 01:08:53,960
Speaker 22: to be.

1323
01:08:54,000 --> 01:08:54,479
Speaker 17: In that race.

1324
01:08:55,120 --> 01:08:57,880
Speaker 3: Have any of those business leaders expressed to you that

1325
01:08:58,000 --> 01:09:01,360
Speaker 3: they want to see the gen Taylor's supply and retail

1326
01:09:01,600 --> 01:09:02,640
Speaker 3: arms split up.

1327
01:09:03,840 --> 01:09:07,080
Speaker 22: I haven't had that expressed to me directly by any

1328
01:09:07,120 --> 01:09:09,840
Speaker 22: of the leaders in that room. I think what people

1329
01:09:09,920 --> 01:09:13,240
Speaker 22: are conscious of is the need for competition and the

1330
01:09:13,400 --> 01:09:18,800
Speaker 22: need for structures that incentivize investment in generation. We had

1331
01:09:18,880 --> 01:09:21,800
Speaker 22: seen since we were elected a lot more projects being

1332
01:09:21,840 --> 01:09:24,840
Speaker 22: committed to by the generators, which is positive to see,

1333
01:09:25,520 --> 01:09:28,360
Speaker 22: and we are, as we said previously, monitoring that market

1334
01:09:28,439 --> 01:09:31,679
Speaker 22: because it's really important that it functions affectively the New Zealanders.

1335
01:09:32,040 --> 01:09:36,880
Speaker 3: So you came third in the minister performances, It's very good.

1336
01:09:37,640 --> 01:09:41,000
Speaker 22: Yeah, that is. I'm one of those people who always

1337
01:09:41,160 --> 01:09:43,559
Speaker 22: aims to be the best I can be, so i'll

1338
01:09:44,280 --> 01:09:47,160
Speaker 22: i'll always want to do better. But genuinely delighted to

1339
01:09:47,280 --> 01:09:50,920
Speaker 22: see my colleague Eric Stanford top the pots because their

1340
01:09:51,040 --> 01:09:55,160
Speaker 22: work and education is so foundational for the country's future

1341
01:09:55,200 --> 01:10:00,120
Speaker 22: economically and socially. And to see business leaders reflecting a

1342
01:10:00,160 --> 01:10:01,120
Speaker 22: great job she's doing.

1343
01:10:01,640 --> 01:10:02,479
Speaker 23: Look good to see.

1344
01:10:02,880 --> 01:10:05,479
Speaker 3: Did Kevin the Mesters take this stuff at all seriously?

1345
01:10:06,600 --> 01:10:10,000
Speaker 22: Well, we're constantly being judged just by the boardroom, but

1346
01:10:10,120 --> 01:10:14,160
Speaker 22: by our communities, by the people we serve, by our neighbors,

1347
01:10:14,280 --> 01:10:17,599
Speaker 22: our colleagues, our party members, and so this is part

1348
01:10:17,680 --> 01:10:20,120
Speaker 22: of the course. This is one audience that certainly not

1349
01:10:20,240 --> 01:10:23,680
Speaker 22: the only audience, and ultimately New Zealand voters give us

1350
01:10:23,720 --> 01:10:25,639
Speaker 22: the score out of five when they vote in twenty

1351
01:10:25,640 --> 01:10:26,120
Speaker 22: twenty six.

1352
01:10:26,360 --> 01:10:28,520
Speaker 3: Talk to us a bit more than about the conversation

1353
01:10:28,680 --> 01:10:30,920
Speaker 3: that you're looking to start with Barbara Edmonds when it

1354
01:10:30,960 --> 01:10:31,920
Speaker 3: comes to superannuation.

1355
01:10:33,120 --> 01:10:37,880
Speaker 22: Well, look, Barbara set out the big challenges she sees

1356
01:10:37,920 --> 01:10:41,920
Speaker 22: for New Zealand and twenty fifty, so many decades from now,

1357
01:10:42,800 --> 01:10:45,280
Speaker 22: and when we have that conversation, it's really clear that

1358
01:10:45,479 --> 01:10:49,120
Speaker 22: demographically we are going to be an older population with

1359
01:10:49,280 --> 01:10:53,719
Speaker 22: fewer working people. That raises real questions about the ongoing

1360
01:10:53,840 --> 01:10:57,960
Speaker 22: sustainability of our superannuation scheme. And at the last election

1361
01:10:58,240 --> 01:11:01,320
Speaker 22: the National Party want to have a conversation about that.

1362
01:11:01,479 --> 01:11:04,479
Speaker 22: How do we keep the scheme sustainable with people.

1363
01:11:04,320 --> 01:11:07,960
Speaker 18: Living longer, healthier lives. Should we be raising that age?

1364
01:11:08,000 --> 01:11:10,960
Speaker 22: And that's what we campaigned on, so our challenged Garbara

1365
01:11:11,040 --> 01:11:13,360
Speaker 22: I said, well, if you're up to tough conversations, let's

1366
01:11:13,400 --> 01:11:16,800
Speaker 22: talk about super and I was really pleased. She said, yeah,

1367
01:11:16,840 --> 01:11:19,320
Speaker 22: I'll take you up on that challenge. Have that conversation.

1368
01:11:21,000 --> 01:11:23,800
Speaker 3: What kind of changes would that theoretically mean. I know

1369
01:11:23,920 --> 01:11:26,920
Speaker 3: that you guys have had differing positions in terms of campaigning,

1370
01:11:27,000 --> 01:11:30,559
Speaker 3: but it's not always a sort of left versus right issue,

1371
01:11:30,600 --> 01:11:32,439
Speaker 3: not necessarily anyway, No.

1372
01:11:32,720 --> 01:11:36,120
Speaker 22: I don't see it that way. Certainly the current government

1373
01:11:36,200 --> 01:11:38,160
Speaker 22: may me be clear, Jack has the position that we

1374
01:11:38,200 --> 01:11:40,960
Speaker 22: won't be raising the age of superannuation. That's a core

1375
01:11:41,120 --> 01:11:43,960
Speaker 22: coalition commitment with New Zealand first, which I respect, but

1376
01:11:44,040 --> 01:11:47,880
Speaker 22: as Finance spokesperson for the National Party and with four

1377
01:11:47,960 --> 01:11:50,040
Speaker 22: kids of my own, when I look ahead to New

1378
01:11:50,120 --> 01:11:53,560
Speaker 22: Zealand's future, I want our super scheme to be sustainable,

1379
01:11:53,600 --> 01:11:56,320
Speaker 22: for people to be clear about what the entitlements will

1380
01:11:56,360 --> 01:11:58,000
Speaker 22: be down the track. And I can see that the

1381
01:11:58,080 --> 01:12:01,680
Speaker 22: bill is going to become real, really really disproportionate to

1382
01:12:01,760 --> 01:12:04,719
Speaker 22: the other areas we want to invest in with that education,

1383
01:12:04,880 --> 01:12:07,360
Speaker 22: health for others, and to me, raising the age is

1384
01:12:07,720 --> 01:12:10,280
Speaker 22: a simple step we could take to make it more affordable.

1385
01:12:10,479 --> 01:12:12,439
Speaker 22: But as I said, I'm genuinely up for the conversation

1386
01:12:12,560 --> 01:12:15,200
Speaker 22: with Barbara and what other other ideas she may want

1387
01:12:15,200 --> 01:12:16,160
Speaker 22: to contribute to the table.

1388
01:12:16,560 --> 01:12:19,640
Speaker 3: Having the perspective that you have in this role and

1389
01:12:19,800 --> 01:12:23,400
Speaker 3: having your eyes over the detail, over the numbers. Do

1390
01:12:23,520 --> 01:12:26,439
Speaker 3: you think it is feasible that people who are your

1391
01:12:26,479 --> 01:12:29,599
Speaker 3: kid's age now will be able to retire with something

1392
01:12:29,680 --> 01:12:32,439
Speaker 3: akin to superannuation as we have today when they're sixty five.

1393
01:12:33,120 --> 01:12:35,160
Speaker 22: I think it'll be something akin to it, but I

1394
01:12:35,240 --> 01:12:38,680
Speaker 22: think there has to be changes between now and when

1395
01:12:38,760 --> 01:12:39,960
Speaker 22: my kids are sixty five.

1396
01:12:40,479 --> 01:12:43,760
Speaker 3: Thanks for your Tom. That's Finance Minister Nichola Willis. Just

1397
01:12:43,800 --> 01:12:45,639
Speaker 3: so you know, in the last few minutes, the Associate

1398
01:12:45,720 --> 01:12:50,040
Speaker 3: Health Minister Casey Costello has released her independent advice on

1399
01:12:50,240 --> 01:12:54,320
Speaker 3: heated tobacco products. I'm going to read you what that advice.

1400
01:12:54,560 --> 01:12:57,719
Speaker 3: I'll explain to you what that advice entails. Advice entails

1401
01:12:58,240 --> 01:13:01,479
Speaker 3: in a few minutes. Next up, though indied Herald Business

1402
01:13:01,640 --> 01:13:04,720
Speaker 3: editor at Large Liam Dan here with his takes from

1403
01:13:04,840 --> 01:13:09,560
Speaker 3: this morning's mood of the boardroom. It's quarter past six, crunching.

1404
01:13:09,200 --> 01:13:12,080
Speaker 1: The numbers and getting the results. It's Heather du for

1405
01:13:12,200 --> 01:13:15,400
Speaker 1: see Helen with the business hours. Thanks to my HR,

1406
01:13:15,680 --> 01:13:18,559
Speaker 1: the HR platform for SME on us Talks.

1407
01:13:18,439 --> 01:13:23,160
Speaker 3: EDB sixteen past six on News Talks EDB. Liam Dan,

1408
01:13:23,320 --> 01:13:26,479
Speaker 3: the New Zealand Herald Business editor at Large, was giving

1409
01:13:26,479 --> 01:13:28,240
Speaker 3: a close eye on the mood of the boardroom today.

1410
01:13:28,280 --> 01:13:28,840
Speaker 6: Get a LIAMB.

1411
01:13:29,400 --> 01:13:31,040
Speaker 23: Gooday, Jack, I think yeah, very well.

1412
01:13:31,160 --> 01:13:33,679
Speaker 3: Thanks. So what did you make of the superannuation call?

1413
01:13:35,360 --> 01:13:35,519
Speaker 6: Yeah?

1414
01:13:35,680 --> 01:13:38,200
Speaker 23: Heartening from my point of view as someone who sits

1415
01:13:38,200 --> 01:13:41,040
Speaker 23: there and worries about our ability to pay for things.

1416
01:13:42,040 --> 01:13:44,800
Speaker 23: I guess you know when you looked at listen to

1417
01:13:44,880 --> 01:13:48,120
Speaker 23: what was said in that debate, it's hard to make

1418
01:13:48,160 --> 01:13:50,639
Speaker 23: a news story out of it. Exactly because Barbara Edmonds

1419
01:13:50,720 --> 01:13:52,800
Speaker 23: was very careful about what you said. You just said,

1420
01:13:52,840 --> 01:13:55,439
Speaker 23: we're open to the conversation, but you know, you it

1421
01:13:55,600 --> 01:13:58,840
Speaker 23: felt like the body language and so forth, that there

1422
01:13:58,840 --> 01:14:01,400
Speaker 23: could be some mood change there which of course would

1423
01:14:02,439 --> 01:14:05,800
Speaker 23: put national could put national neighbor on the same page,

1424
01:14:05,840 --> 01:14:08,839
Speaker 23: and bipartisan sort of stuff like that is pretty powerful

1425
01:14:08,880 --> 01:14:11,840
Speaker 23: that the roadblock to it actually at the moment in

1426
01:14:11,920 --> 01:14:14,160
Speaker 23: the current coalition is of course New Zealand first and

1427
01:14:14,200 --> 01:14:17,519
Speaker 23: Winston Peter, who has been resistant for a long time.

1428
01:14:17,640 --> 01:14:20,960
Speaker 23: But you know, I know he's got a large base

1429
01:14:21,000 --> 01:14:24,559
Speaker 23: of older voters, but it really doesn't affect him if

1430
01:14:24,560 --> 01:14:28,640
Speaker 23: we're honest. It's you're talking about raising the superage over

1431
01:14:28,680 --> 01:14:32,040
Speaker 23: a long period. I think the original plan under Bill

1432
01:14:32,080 --> 01:14:36,400
Speaker 23: English twenty seventeen was to lift it for twenty forty.

1433
01:14:36,640 --> 01:14:38,760
Speaker 23: So you know, I don't know what a new one

1434
01:14:38,800 --> 01:14:41,439
Speaker 23: would look like, but there was there was a large

1435
01:14:42,560 --> 01:14:45,439
Speaker 23: consensus I guess seventy seven percent plus of those business

1436
01:14:45,520 --> 01:14:48,320
Speaker 23: leaders who see that we need to have a debate

1437
01:14:48,439 --> 01:14:52,439
Speaker 23: about the tax base because we're not going to be

1438
01:14:52,520 --> 01:14:55,720
Speaker 23: taking enough tax because it's just demographics. We're going to

1439
01:14:56,479 --> 01:15:01,920
Speaker 23: have fewer younger people, more older per that means more people.

1440
01:15:02,479 --> 01:15:07,160
Speaker 23: I guess to support and fewer people actually generating income tax.

1441
01:15:07,240 --> 01:15:09,559
Speaker 23: And at the moment, of course, our system is built

1442
01:15:09,640 --> 01:15:12,280
Speaker 23: on income tax, not on other kinds of tax or

1443
01:15:12,320 --> 01:15:13,599
Speaker 23: do I go near that debate?

1444
01:15:13,680 --> 01:15:18,200
Speaker 3: Yeah, no, avoid it, trust me. Hey, I mean, that's

1445
01:15:18,240 --> 01:15:21,080
Speaker 3: a that's you know, that's what I find really interesting

1446
01:15:21,080 --> 01:15:23,679
Speaker 3: about this, right, So, not only because of the demographic changes,

1447
01:15:23,680 --> 01:15:26,160
Speaker 3: are we going to face the pressures of supporting people

1448
01:15:26,400 --> 01:15:30,000
Speaker 3: through the superannuation payments themselves, like the four ninely payments.

1449
01:15:30,640 --> 01:15:32,439
Speaker 3: But the problem is when you have an older population,

1450
01:15:33,240 --> 01:15:36,680
Speaker 3: your healthcare costs massively increase as well, because, like you know,

1451
01:15:36,800 --> 01:15:40,120
Speaker 3: so generally the average twenty five year old doesn't cost

1452
01:15:40,200 --> 01:15:43,040
Speaker 3: nearly as much to the health system as someone who's

1453
01:15:43,040 --> 01:15:46,040
Speaker 3: seventy five, right or eighty five. That generally, the older

1454
01:15:46,120 --> 01:15:47,680
Speaker 3: you are, the more you cost. So you have all

1455
01:15:47,720 --> 01:15:50,000
Speaker 3: of these pressures that come with those demographic changes, not

1456
01:15:50,240 --> 01:15:53,200
Speaker 3: just represented in super but when you combine them together.

1457
01:15:53,960 --> 01:15:56,240
Speaker 3: I mean, and given we're already in a structural deficit,

1458
01:15:56,479 --> 01:15:59,000
Speaker 3: it's very hard to see how we're going to we'd

1459
01:15:59,080 --> 01:15:59,280
Speaker 3: like and.

1460
01:15:59,280 --> 01:16:01,719
Speaker 23: We'd all like to keep that first world health system

1461
01:16:02,320 --> 01:16:05,560
Speaker 23: into our into our later years. I think, you know,

1462
01:16:06,000 --> 01:16:08,439
Speaker 23: it does leave you with options that are either tax more,

1463
01:16:09,160 --> 01:16:11,679
Speaker 23: spend less or the one that all the politicians always

1464
01:16:11,720 --> 01:16:13,679
Speaker 23: fall back on is that we're going to deliver policies

1465
01:16:13,720 --> 01:16:17,320
Speaker 23: which dry productivity and Zealand is going to be. But

1466
01:16:17,840 --> 01:16:20,080
Speaker 23: you know, the issue is do we really have the

1467
01:16:20,160 --> 01:16:22,479
Speaker 23: right economy to do that, even if even if things

1468
01:16:22,520 --> 01:16:24,759
Speaker 23: are you know, are starting to improve, or there's signs

1469
01:16:24,760 --> 01:16:29,800
Speaker 23: of hope through another cyclical upturn, as you know, rising

1470
01:16:29,840 --> 01:16:34,160
Speaker 23: house prices and immigration going to be enough this time,

1471
01:16:34,200 --> 01:16:36,040
Speaker 23: We'll only an ounce is probably not. We're not gonna

1472
01:16:36,040 --> 01:16:38,360
Speaker 23: have another another China boom the way we did have.

1473
01:16:38,560 --> 01:16:41,240
Speaker 23: So we're looking looking for something else a bit deeper

1474
01:16:41,280 --> 01:16:43,719
Speaker 23: and a bit more structural. I think it was happening today.

1475
01:16:44,160 --> 01:16:46,720
Speaker 23: I think, you know, it was a pretty high level

1476
01:16:46,800 --> 01:16:49,800
Speaker 23: kind of debate between Barbara Nicola and people are pretty

1477
01:16:49,840 --> 01:16:53,360
Speaker 23: impressed with the ability of them to communicate and that

1478
01:16:53,479 --> 01:16:54,840
Speaker 23: that sort of thing, and so I know there is

1479
01:16:54,880 --> 01:16:57,719
Speaker 23: a lot of them desire, whether it's infrastructure or whatever,

1480
01:16:57,840 --> 01:17:00,000
Speaker 23: for a bit more bipartisan thinking so that we can

1481
01:17:00,080 --> 01:17:03,960
Speaker 23: and stop flip flopping in these political political cycles.

1482
01:17:03,920 --> 01:17:06,280
Speaker 3: And leam a bit more of a nuanced debate about

1483
01:17:06,280 --> 01:17:06,759
Speaker 3: a CGT.

1484
01:17:08,479 --> 01:17:11,719
Speaker 17: Yeah, well, I mean I just think you know, certainly

1485
01:17:12,120 --> 01:17:14,320
Speaker 17: a large percentage of the people in that room, which

1486
01:17:14,360 --> 01:17:16,760
Speaker 17: you wouldn't necessarily expect, it tends to come from the

1487
01:17:16,840 --> 01:17:19,559
Speaker 17: left the CGT, and that that's kind of a hindrance

1488
01:17:19,600 --> 01:17:22,280
Speaker 17: in a way because people are never quite sure whether

1489
01:17:22,320 --> 01:17:24,160
Speaker 17: it's tied up with wealthh tax and all the rest

1490
01:17:24,200 --> 01:17:24,320
Speaker 17: of it.

1491
01:17:24,439 --> 01:17:26,680
Speaker 23: But the people, for the people in that room who

1492
01:17:26,800 --> 01:17:29,160
Speaker 23: like it. I was talking to tax you know accountants,

1493
01:17:29,240 --> 01:17:32,679
Speaker 23: high level accountants and tax experts and things. It's really

1494
01:17:32,720 --> 01:17:35,479
Speaker 23: about broadening that tax spaces, as I mentioned, you know,

1495
01:17:35,880 --> 01:17:38,200
Speaker 23: so it's about you know, maybe we've got to get

1496
01:17:38,240 --> 01:17:40,439
Speaker 23: away from calling it a capital gains tax or whatever,

1497
01:17:40,560 --> 01:17:44,080
Speaker 23: but you know it's some some level we need to

1498
01:17:44,120 --> 01:17:46,400
Speaker 23: broaden it and people need to remember. And this was

1499
01:17:46,479 --> 01:17:48,439
Speaker 23: not something that the Prome Minister to make clear when

1500
01:17:48,479 --> 01:17:51,600
Speaker 23: he was responding to Antonio Wattson today and said the

1501
01:17:51,680 --> 01:17:55,760
Speaker 23: original column plan was tax revenue neutral, so it's not

1502
01:17:56,000 --> 01:17:59,080
Speaker 23: taking not meant to be taking more tax, first instance,

1503
01:17:59,160 --> 01:18:02,479
Speaker 23: off New Zealanders bording the base, so you should actually

1504
01:18:02,520 --> 01:18:04,720
Speaker 23: be getting an income tax break if they're taking some

1505
01:18:04,840 --> 01:18:07,400
Speaker 23: tax off off the other end, at the wealthier end

1506
01:18:07,479 --> 01:18:10,439
Speaker 23: or at the possibly the older end. It does shift

1507
01:18:10,479 --> 01:18:13,320
Speaker 23: the demographic shape of the tax base, but that's really

1508
01:18:13,400 --> 01:18:14,280
Speaker 23: what's going to have to move.

1509
01:18:14,439 --> 01:18:17,160
Speaker 3: It's a version of the of the John Key tax switch.

1510
01:18:19,240 --> 01:18:21,439
Speaker 23: Well, that's right, and I talked to Bill English and

1511
01:18:21,560 --> 01:18:23,280
Speaker 23: last week or so. That's up online right now, and

1512
01:18:23,360 --> 01:18:25,160
Speaker 23: he talks about that being one of the things he's

1513
01:18:25,200 --> 01:18:28,080
Speaker 23: most proud of achieving because it's a very difficult thing

1514
01:18:28,160 --> 01:18:30,439
Speaker 23: to do. It's a difficult argument to win, right, So.

1515
01:18:31,240 --> 01:18:33,599
Speaker 3: Did that even your neutral From the top of my head,

1516
01:18:33,720 --> 01:18:34,320
Speaker 3: it wasn't.

1517
01:18:34,360 --> 01:18:37,759
Speaker 23: I can't remember. But one of the things Bill English

1518
01:18:37,800 --> 01:18:39,519
Speaker 23: said is he was lucky to have a prime minister

1519
01:18:39,680 --> 01:18:42,120
Speaker 23: like John Key who could sell that argument. So they

1520
01:18:42,240 --> 01:18:46,719
Speaker 23: managed to get an unpopular policy through. I wonder whether

1521
01:18:47,280 --> 01:18:49,160
Speaker 23: as good as Barbara Edmonds is likely to be it

1522
01:18:49,960 --> 01:18:52,600
Speaker 23: actually building or writing a tax policy, because he is

1523
01:18:52,600 --> 01:18:54,800
Speaker 23: a tax expert. Where the labor has it, has the

1524
01:18:54,880 --> 01:18:56,960
Speaker 23: leadership there to actually sell it at the moment, I

1525
01:18:57,040 --> 01:18:57,519
Speaker 23: don't think so.

1526
01:18:58,240 --> 01:19:00,200
Speaker 3: Hey, thanks Leem, I appreciate it. That's a new Hell

1527
01:19:00,200 --> 01:19:02,400
Speaker 3: and Herald Business editor at large, Liam Dan. You can

1528
01:19:02,439 --> 01:19:05,080
Speaker 3: hear that interview with the Bill English by subscribing to

1529
01:19:05,240 --> 01:19:08,760
Speaker 3: Money Talks, which is Liam's superb podcast. You can hear

1530
01:19:08,800 --> 01:19:12,000
Speaker 3: it on iHeartRadio as well. Twenty two past six. Get

1531
01:19:12,040 --> 01:19:15,200
Speaker 3: your All Blacks jersey ready because Cadbury are taking the

1532
01:19:15,479 --> 01:19:18,479
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1533
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Speaker 3: win a trip to join the All Blacks Northern Tour.

1534
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Speaker 3: Picture yourself in the stands watching the All Blacks. How good.

1535
01:19:25,600 --> 01:19:27,479
Speaker 3: There are two prize packs to be one each with

1536
01:19:27,600 --> 01:19:31,720
Speaker 3: two tickets to the All Blacks Northern Tour games plus flights, transfers,

1537
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Speaker 3: accommodation and meals included. Here's how to get in on

1538
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Speaker 3: the action. Grab your favorite Cadbury confectionery treat, then sprint

1539
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Speaker 3: over to Cadbury Chair on Tour dot co dot Nz.

1540
01:19:43,479 --> 01:19:45,759
Speaker 3: Fill out that entry form faster than an All Blacks

1541
01:19:45,840 --> 01:19:48,680
Speaker 3: breakaway and you're in to win. So head out and

1542
01:19:48,760 --> 01:19:51,200
Speaker 3: get your Cadbury fix and you could be on your

1543
01:19:51,240 --> 01:19:54,400
Speaker 3: way to Rugby Heaven. This competition is RA eighteen in

1544
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Speaker 3: terms and conditions do apply, so head over to Cadbury

1545
01:19:57,240 --> 01:19:59,960
Speaker 3: Chair on Tour dot co dot Nz to check them out.

1546
01:20:00,000 --> 01:20:03,200
Speaker 3: But now, who's ready to cheer on the All Blacks.

1547
01:20:03,760 --> 01:20:07,519
Speaker 1: Whether it's Macro micro or just playing economics, it's all

1548
01:20:07,600 --> 01:20:11,160
Speaker 1: on the Business Hour with Jack Team and my HR

1549
01:20:11,520 --> 01:20:14,759
Speaker 1: the HR solution for busy SMEs News Talks.

1550
01:20:15,040 --> 01:20:18,880
Speaker 3: Any six par six on newstalk Z'DB Jamie McKay, host

1551
01:20:19,040 --> 01:20:21,160
Speaker 3: of the country, Is we us this evening from are

1552
01:20:21,280 --> 01:20:23,719
Speaker 3: very very damp the need and how are things? Jamie?

1553
01:20:24,520 --> 01:20:26,400
Speaker 17: Well, it's all right where I am, Jack on top

1554
01:20:26,439 --> 01:20:29,360
Speaker 17: of a hill but south of Need, and they're sandbagging

1555
01:20:29,600 --> 01:20:32,719
Speaker 17: down on the flats there already the need and apparently

1556
01:20:32,760 --> 01:20:37,160
Speaker 17: get something like fifty three mills of rain annually in October.

1557
01:20:37,600 --> 01:20:39,840
Speaker 17: We've had that already in this talk of rain up

1558
01:20:39,880 --> 01:20:44,400
Speaker 17: to fifty to one hundred mils, so goodness knows how

1559
01:20:44,680 --> 01:20:46,439
Speaker 17: it's how we're going to get on because I think

1560
01:20:46,520 --> 01:20:49,519
Speaker 17: the rain is forecast to be heavy right through until

1561
01:20:49,960 --> 01:20:53,519
Speaker 17: about tomorrow night. So it's a red orange, a red warning,

1562
01:20:53,560 --> 01:20:56,160
Speaker 17: should I say, the highest and Met Service can put

1563
01:20:56,200 --> 01:21:00,280
Speaker 17: out there, and the authorities are just urging people to

1564
01:21:00,320 --> 01:21:02,839
Speaker 17: stay at home and not to travel unless totally necessary.

1565
01:21:03,240 --> 01:21:05,200
Speaker 3: Yeah, that's really important advice, and I'm going to make

1566
01:21:05,200 --> 01:21:07,400
Speaker 3: sure own newsroom updates people with the very latest from

1567
01:21:07,439 --> 01:21:10,479
Speaker 3: Civil Defense and Met Service throughout the evening. So stay

1568
01:21:10,560 --> 01:21:12,920
Speaker 3: safe if you're in one of the affected regions. Now

1569
01:21:13,040 --> 01:21:15,080
Speaker 3: feed Farmers have got their banking inquiry.

1570
01:21:16,000 --> 01:21:20,719
Speaker 17: Yes, well they've. In their recent submission to Parliament's Banking Inquiry,

1571
01:21:21,080 --> 01:21:24,200
Speaker 17: FED Farmers found that the one in five key We

1572
01:21:24,400 --> 01:21:27,360
Speaker 17: farmers say their bank isn't allowing them to structure their

1573
01:21:27,520 --> 01:21:31,439
Speaker 17: debt in the most interest efficient way. And this comes

1574
01:21:31,479 --> 01:21:33,880
Speaker 17: from a big example size too, Jack. I think more

1575
01:21:33,920 --> 01:21:37,800
Speaker 17: than a thousand farmers came forward to share their frustration.

1576
01:21:38,120 --> 01:21:41,640
Speaker 17: So in total, forty percent of farmers eyther fined that

1577
01:21:41,760 --> 01:21:46,040
Speaker 17: their debt structure is inefficient or aren't receiving enough information

1578
01:21:46,200 --> 01:21:49,719
Speaker 17: from their banks to improve. One of the real grips.

1579
01:21:49,760 --> 01:21:52,000
Speaker 17: And I think this is a very fair gripe on

1580
01:21:52,120 --> 01:21:55,360
Speaker 17: behalf of farmers and no doubt small business owners the

1581
01:21:55,439 --> 01:21:59,720
Speaker 17: pressure farmers fail to use overdrafts to manage debt repayments

1582
01:22:00,160 --> 01:22:04,920
Speaker 17: or fund capital projects tasks. Overdrafts were never intended for

1583
01:22:05,080 --> 01:22:08,600
Speaker 17: overdrafts to design for managing seasonal cash flow, not to

1584
01:22:08,720 --> 01:22:12,519
Speaker 17: burden farmers with higher interest debt. You know, many of

1585
01:22:12,560 --> 01:22:15,439
Speaker 17: these farmers are stuck in overdraft facilities that never returned

1586
01:22:15,439 --> 01:22:18,559
Speaker 17: to a positive balance. Obviously. You know, in a dairy

1587
01:22:18,640 --> 01:22:21,360
Speaker 17: farming situation or something, Jack, you might want to be

1588
01:22:21,439 --> 01:22:24,080
Speaker 17: an overdraft for four or five months of the year max.

1589
01:22:24,479 --> 01:22:28,360
Speaker 17: So anyhow, overdrafts, say Federated Farmers Rich mcintires leading the

1590
01:22:28,439 --> 01:22:31,200
Speaker 17: charts for them should be a tall not a trap

1591
01:22:31,560 --> 01:22:35,960
Speaker 17: because those overdraft rates Jack are very very high eleven, twelve, thirteen, fourteen,

1592
01:22:36,320 --> 01:22:37,200
Speaker 17: fifteen percent.

1593
01:22:38,040 --> 01:22:41,320
Speaker 3: And Jamie, the Central North Island dairy company Meaduka has

1594
01:22:41,439 --> 01:22:42,799
Speaker 3: updated its milk price forecast.

1595
01:22:43,479 --> 01:22:46,240
Speaker 17: Yeah, well it's reporting season for the dairy company's Jack.

1596
01:22:46,280 --> 01:22:49,519
Speaker 17: We've heard from recently in the past week from Fonterra

1597
01:22:49,680 --> 01:22:53,080
Speaker 17: and similar it's the turn of Meerca, which is a

1598
01:22:53,200 --> 01:22:57,519
Speaker 17: very efficient little operation based out of Talpo. They've come

1599
01:22:57,600 --> 01:23:01,519
Speaker 17: out with their forecast milk prize than for the season

1600
01:23:01,680 --> 01:23:03,760
Speaker 17: or in at the moment twenty four to twenty five

1601
01:23:03,880 --> 01:23:07,439
Speaker 17: nine dollars seventeen. Fonterra is currently sitting at nine dollars

1602
01:23:07,840 --> 01:23:10,559
Speaker 17: and they finished last season twenty three twenty four at

1603
01:23:10,600 --> 01:23:12,880
Speaker 17: eight bucks on the nose, so that was a way

1604
01:23:12,880 --> 01:23:16,479
Speaker 17: bit better than Fontira's seven dollars eighty three. So, you know, look,

1605
01:23:17,120 --> 01:23:19,559
Speaker 17: challenging weather, but good times for the dairy industry.

1606
01:23:19,800 --> 01:23:22,120
Speaker 3: Very good. Thanks, Jamie, really appreciate your time. That is

1607
01:23:22,240 --> 01:23:25,479
Speaker 3: Host of the Country, Jamie mackay before seven o'clock, we

1608
01:23:25,600 --> 01:23:28,000
Speaker 3: will take it to the UK and our correspondent there,

1609
01:23:28,439 --> 01:23:30,759
Speaker 3: Plus we'll look at the surge and support for nuclear

1610
01:23:30,960 --> 01:23:33,240
Speaker 3: energy in the US. News is next Don't Give with

1611
01:23:33,280 --> 01:23:34,719
Speaker 3: Jacktam on News Dogs ZB.

1612
01:23:40,800 --> 01:23:44,320
Speaker 1: Everything from SMEs sort of big corporates, The Business Hour

1613
01:23:44,600 --> 01:23:48,519
Speaker 1: with Jack tam and MYHR. The HR solution for busy

1614
01:23:48,800 --> 01:23:50,720
Speaker 1: sme on news doorgs.

1615
01:23:50,600 --> 01:24:01,439
Speaker 7: B fel te.

1616
01:24:04,040 --> 01:24:09,960
Speaker 3: SnO use talks, envy you a Jack Tame. So in

1617
01:24:10,000 --> 01:24:13,720
Speaker 3: the last hour or so, Casey Costello has released the

1618
01:24:13,840 --> 01:24:18,280
Speaker 3: independent advice that she says she's had on heated tobacco products. Now,

1619
01:24:18,360 --> 01:24:19,840
Speaker 3: just to go back a little bit, you remember that

1620
01:24:19,960 --> 01:24:23,320
Speaker 3: Treasury analyzed these heated tobacco products and the taxes that

1621
01:24:23,400 --> 01:24:26,160
Speaker 3: applied to them, and it said, quote, it was clear

1622
01:24:26,400 --> 01:24:30,400
Speaker 3: that heated tobacco products are more harmful than vaping. Right,

1623
01:24:30,680 --> 01:24:33,040
Speaker 3: I'm going to read you another quote from Treasury. Emerging

1624
01:24:33,120 --> 01:24:37,280
Speaker 3: research suggests that heated slash smokeless tobacco products still produce

1625
01:24:37,400 --> 01:24:40,960
Speaker 3: toxic emissions similar to those in cigarette smoke and also

1626
01:24:41,080 --> 01:24:45,240
Speaker 3: exposed users to some toxicants specific to heated smokeless products,

1627
01:24:45,240 --> 01:24:49,960
Speaker 3: which could also expose bystanders. So Anyway, Casey Costello wanted

1628
01:24:50,000 --> 01:24:52,760
Speaker 3: to cut taxes on those products because she said that

1629
01:24:52,800 --> 01:24:56,320
Speaker 3: the heated tobacco products were a great way of getting

1630
01:24:56,320 --> 01:25:00,240
Speaker 3: people off smoking, despite Treasury saying that actually the much

1631
01:25:00,280 --> 01:25:02,600
Speaker 3: more harmful than vaping. So a lot of people said, well,

1632
01:25:02,680 --> 01:25:04,880
Speaker 3: hang on, why don't you, why don't you stick with vaping?

1633
01:25:05,439 --> 01:25:08,759
Speaker 3: And isn't it weird that you're pushing heated tobacco products

1634
01:25:08,800 --> 01:25:11,160
Speaker 3: when there is only one company in New Zealand that

1635
01:25:11,400 --> 01:25:16,280
Speaker 3: was selling heated tobacco products. Anyway, Earlier this week, the

1636
01:25:16,640 --> 01:25:22,040
Speaker 3: Treasury advice on her tax changes was released from officials,

1637
01:25:22,439 --> 01:25:27,560
Speaker 3: and it showed that actually, not only were the majority

1638
01:25:27,600 --> 01:25:31,200
Speaker 3: of those tax changes going to Benip Benefit Philip Morris,

1639
01:25:31,720 --> 01:25:34,200
Speaker 3: but clearly, once again the Treasury advice said they were

1640
01:25:34,240 --> 01:25:37,000
Speaker 3: toxic and more harmful than vaping. So, anyway, in the

1641
01:25:37,040 --> 01:25:39,920
Speaker 3: last hour or so, she's released the documents that she

1642
01:25:40,080 --> 01:25:44,599
Speaker 3: says is her independent advice on heated tobacco products. They

1643
01:25:44,640 --> 01:25:48,160
Speaker 3: are five items. One of them this is about heated

1644
01:25:48,200 --> 01:25:51,840
Speaker 3: tobacco products. One of them is an article that says

1645
01:25:51,920 --> 01:25:56,320
Speaker 3: the use of a different tobacco product snooze quote, appears

1646
01:25:56,400 --> 01:26:00,639
Speaker 3: to facilitate smoking cessation. Now snooze is completely different head tobacco,

1647
01:26:00,880 --> 01:26:04,400
Speaker 3: so it's just totally irrelevant. She's released an article about

1648
01:26:04,439 --> 01:26:08,880
Speaker 3: smoking patterns in Japan showing that cigarette sales decreased after

1649
01:26:08,960 --> 01:26:11,720
Speaker 3: the introduction of heated tobacco products. Well that sounds good,

1650
01:26:11,760 --> 01:26:14,400
Speaker 3: you think, until you remember, of course, that Japan doesn't

1651
01:26:14,400 --> 01:26:18,240
Speaker 3: have vaping, so yeah, mmm, okay, right. Then she put

1652
01:26:18,280 --> 01:26:20,960
Speaker 3: in one hundred and ninety page report from the Royal

1653
01:26:21,080 --> 01:26:23,880
Speaker 3: College of Physicians in the UK. It was published in

1654
01:26:23,920 --> 01:26:29,120
Speaker 3: twenty sixteen, and it doesn't specifically mention heated tobacco products,

1655
01:26:29,479 --> 01:26:32,720
Speaker 3: so where that that would be your independent advice. Then

1656
01:26:32,840 --> 01:26:36,160
Speaker 3: she gave an article from the International Journal on Environmental

1657
01:26:36,200 --> 01:26:40,120
Speaker 3: Research and Public Health suggesting that heated tobacco products may

1658
01:26:40,400 --> 01:26:44,040
Speaker 3: help with smoking cessation, but actually the benefits are reduced

1659
01:26:44,160 --> 01:26:47,679
Speaker 3: if they're used as a replacement for the less harmful vaping.

1660
01:26:48,560 --> 01:26:51,680
Speaker 3: And one final piece of independent advice was just a

1661
01:26:51,760 --> 01:26:54,479
Speaker 3: comment piece that had been published in the Lancet. So

1662
01:26:54,560 --> 01:26:57,080
Speaker 3: you would have to say, at first glance, if those

1663
01:26:57,200 --> 01:27:00,360
Speaker 3: are the five pieces of independent advice, the evidence that

1664
01:27:00,439 --> 01:27:03,840
Speaker 3: she's relying on for these tax changes, and her backing

1665
01:27:03,840 --> 01:27:08,400
Speaker 3: of heated tobacco products, it is absolutely woful. That is

1666
01:27:08,560 --> 01:27:12,439
Speaker 3: absolutely woful as a standard of evidence for changes of

1667
01:27:12,520 --> 01:27:14,320
Speaker 3: that size. So I know that Barry Soper, I know

1668
01:27:14,439 --> 01:27:17,040
Speaker 3: that head of Deficy Alan will completely disagree with me

1669
01:27:17,120 --> 01:27:19,960
Speaker 3: on that, but that as a standard of evidence for

1670
01:27:20,080 --> 01:27:24,120
Speaker 3: ministerial decisions is absolutely woful. Right now, it is twenty

1671
01:27:24,240 --> 01:27:27,840
Speaker 3: seven on US team. Nuclear energy is in the headlines

1672
01:27:28,120 --> 01:27:31,439
Speaker 3: recently is the nuclear energy is in the headlines as

1673
01:27:31,479 --> 01:27:36,479
Speaker 3: the US considers its energy future and support for nuclear

1674
01:27:36,600 --> 01:27:37,960
Speaker 3: energy is making a bit of resurgence.

1675
01:27:38,080 --> 01:27:38,200
Speaker 12: Now.

1676
01:27:38,200 --> 01:27:39,880
Speaker 3: I know it can be an emotive topic, but of

1677
01:27:39,960 --> 01:27:42,320
Speaker 3: course energy demand is rising, not least driven by the

1678
01:27:42,400 --> 01:27:46,080
Speaker 3: rising demands of energy hungry data centers, the likes of

1679
01:27:46,200 --> 01:27:50,519
Speaker 3: AI and cryptocurrency, and we need clean energy sources. Some

1680
01:27:50,800 --> 01:27:53,840
Speaker 3: say that nuclear fits that. Bill Sam Dicky from Fisher

1681
01:27:53,880 --> 01:27:58,880
Speaker 3: Funds is with us for more on this. To Sam, Sam,

1682
01:27:58,920 --> 01:28:01,960
Speaker 3: are you there? Oh sorry, we'll last you're there, so

1683
01:28:02,240 --> 01:28:04,519
Speaker 3: talk to us a little bit about about nuclear energy

1684
01:28:05,439 --> 01:28:11,200
Speaker 3: and remind us about nuclear energy demand today compared to

1685
01:28:12,000 --> 01:28:13,320
Speaker 3: the past and the future.

1686
01:28:14,439 --> 01:28:15,719
Speaker 24: Yes, definitely a hot topic.

1687
01:28:15,840 --> 01:28:16,000
Speaker 14: Jack.

1688
01:28:16,080 --> 01:28:19,840
Speaker 24: And if you look at total US electricity demand, the

1689
01:28:20,000 --> 01:28:23,320
Speaker 24: really interesting thing is it's been basically flat in the

1690
01:28:23,479 --> 01:28:26,840
Speaker 24: US for fifteen to twenty years. So demand growth of

1691
01:28:26,920 --> 01:28:31,080
Speaker 24: households has been basically entirely offset by declining demand from

1692
01:28:31,120 --> 01:28:35,679
Speaker 24: industry as the US has moved manufacturing offshore historically called

1693
01:28:35,880 --> 01:28:39,280
Speaker 24: as we know, offshoring. However, depending on which forecast, do

1694
01:28:39,360 --> 01:28:42,280
Speaker 24: you believe after decades of that flat demand, demand growth

1695
01:28:42,400 --> 01:28:44,560
Speaker 24: is going to be about five percent per annum for

1696
01:28:44,600 --> 01:28:46,840
Speaker 24: the next five to ten years, which is a huge shift.

1697
01:28:46,960 --> 01:28:49,080
Speaker 24: And why is that? It's threefold?

1698
01:28:49,120 --> 01:28:49,320
Speaker 16: Ready?

1699
01:28:49,360 --> 01:28:52,080
Speaker 24: The first is a ramp up in these, as you said,

1700
01:28:52,160 --> 01:28:54,920
Speaker 24: extremely energy hungary data centers as we store and utilize

1701
01:28:54,960 --> 01:28:57,519
Speaker 24: tons and tons more data. The second thing is the

1702
01:28:57,640 --> 01:29:01,040
Speaker 24: trend towards on shoring, so for a full circle, as

1703
01:29:01,080 --> 01:29:03,320
Speaker 24: the US moves manufacturing back on shore. And the third

1704
01:29:03,400 --> 01:29:06,719
Speaker 24: thing is of course longer term, as we electrify everything.

1705
01:29:08,640 --> 01:29:11,880
Speaker 3: So, Sam, what is actually happening with these big deals

1706
01:29:11,920 --> 01:29:12,639
Speaker 3: that are being struck?

1707
01:29:14,560 --> 01:29:16,360
Speaker 24: Yeah, So, I mean, just to give you some context

1708
01:29:16,400 --> 01:29:19,479
Speaker 24: on the US energy mix today and when nuclear fits

1709
01:29:19,520 --> 01:29:23,680
Speaker 24: in US electricity, that flat demand we've talked about, and

1710
01:29:24,000 --> 01:29:27,320
Speaker 24: therefore that there's been no need to develop any more

1711
01:29:27,439 --> 01:29:31,120
Speaker 24: generation plants of any type. It is about sixty percent

1712
01:29:31,160 --> 01:29:33,600
Speaker 24: fossil fuels, twenty cent renewables and twenty percent nuclear, and

1713
01:29:33,720 --> 01:29:36,640
Speaker 24: nuclear has been shrinking for thirty to forty years. So

1714
01:29:36,760 --> 01:29:39,360
Speaker 24: you might recall a three Mile Island debarcle in nineteen

1715
01:29:39,400 --> 01:29:44,320
Speaker 24: seventy nine with a small amount of radioactive material release

1716
01:29:44,400 --> 01:29:46,920
Speaker 24: in an accident in Pennsylvania. And because of that, the

1717
01:29:47,000 --> 01:29:49,120
Speaker 24: number of nuclear reactors in the US has been shrinking

1718
01:29:49,160 --> 01:29:51,599
Speaker 24: for decades, from about one hundred and fifteen to ninety

1719
01:29:51,600 --> 01:29:56,400
Speaker 24: four today. And right now there's been some mega deal struck.

1720
01:29:56,520 --> 01:29:58,840
Speaker 24: So on the back of this pick up and demand,

1721
01:29:58,880 --> 01:30:01,960
Speaker 24: we've seen the fact there's been no supply of electricity

1722
01:30:02,000 --> 01:30:05,240
Speaker 24: for decades or no increase in supply, plus government subsidizen

1723
01:30:05,280 --> 01:30:08,000
Speaker 24: and tax cuts have seen the construction of the re

1724
01:30:08,120 --> 01:30:11,360
Speaker 24: ramping of existing nuclear plants begin in earnest and Microsoft

1725
01:30:11,560 --> 01:30:14,760
Speaker 24: just signed a big deal with Constellation Energy to bring

1726
01:30:15,320 --> 01:30:17,920
Speaker 24: some of the three Mile Island facilities back on strings.

1727
01:30:17,960 --> 01:30:20,479
Speaker 24: So another full circle. And soon after that, Metas said

1728
01:30:20,840 --> 01:30:23,280
Speaker 24: they are looking at signing super long term power contracts

1729
01:30:23,320 --> 01:30:26,160
Speaker 24: with nuclear plants to power the data centers.

1730
01:30:27,200 --> 01:30:29,400
Speaker 3: So talk to us a little bit about the perceived

1731
01:30:29,479 --> 01:30:32,360
Speaker 3: or actual pros and cons of using nuclear as an

1732
01:30:32,479 --> 01:30:33,040
Speaker 3: energy source.

1733
01:30:34,600 --> 01:30:37,080
Speaker 24: Definitely stumbling into a lively in the motive debate here

1734
01:30:37,720 --> 01:30:39,560
Speaker 24: lively in the motive for good reason, Jack. But the

1735
01:30:39,680 --> 01:30:44,040
Speaker 24: pros are and there's a fairly well recognized is it's

1736
01:30:44,120 --> 01:30:48,120
Speaker 24: considered a clean energy source, so zero carbon emissions during operation.

1737
01:30:48,560 --> 01:30:50,760
Speaker 24: But the second thing is nuclear plants run at about

1738
01:30:50,880 --> 01:30:54,920
Speaker 24: ninety two percent capacity utilization, which is key because we

1739
01:30:55,160 --> 01:30:57,280
Speaker 24: know that wind farms run it more like thirty percent,

1740
01:30:57,400 --> 01:30:59,800
Speaker 24: and solar farms more like twenty to twenty five percent.

1741
01:31:00,520 --> 01:31:03,559
Speaker 24: Even gas is somever in the middle. And the other

1742
01:31:03,600 --> 01:31:05,960
Speaker 24: thing is these plants last for sixty to eighty years,

1743
01:31:06,040 --> 01:31:06,759
Speaker 24: So that's the pros.

1744
01:31:06,840 --> 01:31:07,960
Speaker 16: The cons.

1745
01:31:09,040 --> 01:31:13,040
Speaker 24: While it does generate clean electricity, dealing with spent nuclear

1746
01:31:13,520 --> 01:31:15,840
Speaker 24: fuel is an ongoing problem now about thirty percent of

1747
01:31:15,880 --> 01:31:19,640
Speaker 24: hours recycle today, but obviously seventeen percent that needs to

1748
01:31:19,640 --> 01:31:22,200
Speaker 24: be dealt with. The second thing is the plants are very,

1749
01:31:22,320 --> 01:31:25,160
Speaker 24: very expensive. They take years to build, and because the

1750
01:31:25,280 --> 01:31:28,040
Speaker 24: industry has been shrinking in the US, growing like a

1751
01:31:28,080 --> 01:31:30,240
Speaker 24: weed in China, by the way, but shrinking in the US,

1752
01:31:30,840 --> 01:31:32,439
Speaker 24: the skill sets are just not there to.

1753
01:31:32,479 --> 01:31:34,120
Speaker 3: Develop these plants interesting.

1754
01:31:34,680 --> 01:31:36,880
Speaker 24: And then of course you have the risk, even though

1755
01:31:36,960 --> 01:31:41,280
Speaker 24: it's very rare, of a catastrophic spill or accident.

1756
01:31:41,120 --> 01:31:44,760
Speaker 3: Yeah, yes, I mean, and that is it is a risk,

1757
01:31:44,840 --> 01:31:46,720
Speaker 3: But honestly, you don't need to convince me, especially for

1758
01:31:46,760 --> 01:31:49,599
Speaker 3: the energy transition. I mean, you know, you think if

1759
01:31:49,640 --> 01:31:51,960
Speaker 3: you think nuclear energy presents a health risk, wait till

1760
01:31:52,000 --> 01:31:54,479
Speaker 3: you hear about coal fired plants. So what does all

1761
01:31:54,560 --> 01:31:56,360
Speaker 3: of this mean for investors.

1762
01:31:55,920 --> 01:31:59,559
Speaker 24: Then, well, I mean there's been some pretty interesting moves

1763
01:31:59,640 --> 01:32:01,479
Speaker 24: going on on the back of it. Some of these

1764
01:32:02,640 --> 01:32:05,560
Speaker 24: energy suppliers like Constellation Energy, you've been mopping up, some

1765
01:32:05,600 --> 01:32:08,360
Speaker 24: of these nuclear plants have been on fire, and the

1766
01:32:08,520 --> 01:32:11,080
Speaker 24: uranium price, which of course is the fuel source for

1767
01:32:11,200 --> 01:32:14,200
Speaker 24: nuclear reactors, has jumped from a price of around twenty

1768
01:32:14,280 --> 01:32:15,960
Speaker 24: bucks a pound a couple of years ago to a

1769
01:32:16,040 --> 01:32:19,080
Speaker 24: peak of one hundred and ten dollars earlier this year.

1770
01:32:19,160 --> 01:32:21,639
Speaker 24: But I guess more broadly, it's a reminder that we're

1771
01:32:21,680 --> 01:32:23,200
Speaker 24: lucky in New Zealand to have such a bun and

1772
01:32:23,280 --> 01:32:25,600
Speaker 24: clean hydro energy, and not to mention, we don't have

1773
01:32:25,760 --> 01:32:28,720
Speaker 24: a such a spike in demand from data centers and

1774
01:32:28,760 --> 01:32:31,240
Speaker 24: resturing and manufacturing to upset the apple cut. But I

1775
01:32:31,320 --> 01:32:34,080
Speaker 24: think more broadly globally that it's going to these new

1776
01:32:34,120 --> 01:32:36,919
Speaker 24: demand sources are going to drive some really interesting decisions.

1777
01:32:36,960 --> 01:32:37,880
Speaker 16: So it's one to watch.

1778
01:32:37,920 --> 01:32:40,479
Speaker 24: And I'm not saying we should watch what China's doing,

1779
01:32:40,560 --> 01:32:43,320
Speaker 24: but but China is absolutely full steam ahead. Here fifty

1780
01:32:43,400 --> 01:32:46,800
Speaker 24: five reactors today are whopping twenty three under construction and

1781
01:32:46,840 --> 01:32:50,320
Speaker 24: as well over another one hundred reactors under broad long

1782
01:32:50,560 --> 01:32:51,400
Speaker 24: term consideration.

1783
01:32:51,640 --> 01:32:51,880
Speaker 19: Wow.

1784
01:32:52,240 --> 01:32:55,599
Speaker 3: Yeah, that's amazing. Thanks Sam. That's Sam Dicky from Fisher Funds.

1785
01:32:55,680 --> 01:32:57,800
Speaker 3: In a couple of minutes on you sez'db where will

1786
01:32:57,840 --> 01:32:59,640
Speaker 3: take you to our correspondent from the latest out of

1787
01:32:59,760 --> 01:33:01,719
Speaker 3: UK and Europe right now it's fourteen to seven.

1788
01:33:02,280 --> 01:33:05,080
Speaker 2: If it's to do with money, it matters to you.

1789
01:33:05,680 --> 01:33:09,400
Speaker 1: The Business Hour with Jack Tam and my HR the

1790
01:33:09,640 --> 01:33:12,800
Speaker 1: HR solution for busy Simmy's on news Talks.

1791
01:33:12,880 --> 01:33:15,880
Speaker 3: It'd be UK corresponding to Inde Brady is with us

1792
01:33:15,960 --> 01:33:16,920
Speaker 3: this evening high Enda.

1793
01:33:17,840 --> 01:33:19,160
Speaker 19: Hey Jack, good to speak to you again.

1794
01:33:19,240 --> 01:33:21,960
Speaker 3: You too, kios Stamer is going to pay back twelve

1795
01:33:22,120 --> 01:33:25,719
Speaker 3: thousand bucks in hospitality, but keep all of those tens

1796
01:33:25,760 --> 01:33:27,679
Speaker 3: of thousands of pounds in donated clothes.

1797
01:33:28,920 --> 01:33:30,720
Speaker 19: Yeah, I mean this has been rumbling on for a

1798
01:33:30,760 --> 01:33:33,280
Speaker 19: couple of weeks now, Jack. So basically he went to

1799
01:33:33,360 --> 01:33:36,120
Speaker 19: see Taylor Swift with his wife in a very nice

1800
01:33:36,240 --> 01:33:38,960
Speaker 19: corporate box. He went to a couple of England soccer

1801
01:33:39,040 --> 01:33:43,560
Speaker 19: matches at Wembley and there was other horse racing hospitality

1802
01:33:43,760 --> 01:33:46,400
Speaker 19: as well. Look, if you're the prime minister of any country,

1803
01:33:46,560 --> 01:33:48,760
Speaker 19: you get invited to nice places and because of the

1804
01:33:48,840 --> 01:33:52,360
Speaker 19: security arrangements, they have to have you in these boxes. Now,

1805
01:33:52,720 --> 01:33:55,080
Speaker 19: it's been rumbling on for a long time, this story,

1806
01:33:55,200 --> 01:33:57,320
Speaker 19: so Starmer has come out today in an effort to

1807
01:33:57,439 --> 01:34:00,639
Speaker 19: basically draw a line under everything. He's going to pay

1808
01:34:00,720 --> 01:34:03,280
Speaker 19: back twelve thousand dollars for all of the tickets he's

1809
01:34:03,320 --> 01:34:06,680
Speaker 19: had since becoming Prime Minister less than one hundred days ago.

1810
01:34:07,040 --> 01:34:10,479
Speaker 19: What he's not paying back is the clothing donations from

1811
01:34:10,520 --> 01:34:14,040
Speaker 19: a man called Lord Alli, a multimillionaire donor to the

1812
01:34:14,120 --> 01:34:17,120
Speaker 19: Labor Party, and they reckon it's somewhere in the region

1813
01:34:17,160 --> 01:34:21,240
Speaker 19: of about eighty thousand n Z in clothes that's been spent.

1814
01:34:21,640 --> 01:34:23,400
Speaker 19: So Stammer, if you ever see him on TV and

1815
01:34:23,439 --> 01:34:26,120
Speaker 19: he's looking good, it's a man called Lord Ali who's

1816
01:34:26,160 --> 01:34:29,160
Speaker 19: been buying the clothes. It's not a great look, to

1817
01:34:29,200 --> 01:34:31,919
Speaker 19: be honest, but look after where we've been for fourteen

1818
01:34:32,000 --> 01:34:35,800
Speaker 19: years under conservative rule here, he's only just picking up

1819
01:34:35,800 --> 01:34:37,040
Speaker 19: where the other lot left off.

1820
01:34:37,240 --> 01:34:40,960
Speaker 3: Yeah, yeah, that's true. I mean, does seem like an

1821
01:34:41,040 --> 01:34:45,240
Speaker 3: extremely expensive amount of clothes eighty thousand dollars You never

1822
01:34:45,280 --> 01:34:46,800
Speaker 3: need to buy an item clothing for the rest of

1823
01:34:46,840 --> 01:34:50,200
Speaker 3: his life. Now Kate has invited a teenage cancer pation

1824
01:34:50,360 --> 01:34:52,360
Speaker 3: to take pictures of William at work.

1825
01:34:53,560 --> 01:34:55,200
Speaker 6: Yeah, this is a lovely story.

1826
01:34:55,280 --> 01:34:57,479
Speaker 19: We know, the Princess of Wales is a keen amateur

1827
01:34:57,520 --> 01:35:00,320
Speaker 19: photographer and she heard about a young girl who thing

1828
01:35:00,439 --> 01:35:03,600
Speaker 19: called Liz Hatton, and she has a very rare and

1829
01:35:04,000 --> 01:35:07,680
Speaker 19: incurable form of cancer and that's very very aggressive, and

1830
01:35:07,880 --> 01:35:11,200
Speaker 19: doctors have told Liz that she has between six months

1831
01:35:11,320 --> 01:35:14,480
Speaker 19: and three years to live. And she's a very keen photographer.

1832
01:35:14,640 --> 01:35:19,640
Speaker 19: So William and Kate basically heard about Liz and her

1833
01:35:19,760 --> 01:35:22,439
Speaker 19: on her boocket list. Her absolute dream list of things

1834
01:35:22,520 --> 01:35:25,720
Speaker 19: to do was to do some royal photography, so quick

1835
01:35:25,760 --> 01:35:28,559
Speaker 19: as a flash, Kate invited her to Windsor Castle. William

1836
01:35:28,680 --> 01:35:33,000
Speaker 19: was overseeing investitures where people get knighthoods and rbes and mbes,

1837
01:35:33,520 --> 01:35:37,200
Speaker 19: and Liz was invited along to photograph proceedings and then

1838
01:35:37,240 --> 01:35:40,360
Speaker 19: there's a private family meeting with William and Kate afterwards,

1839
01:35:40,439 --> 01:35:43,920
Speaker 19: so they have absolutely made her day and the Princess

1840
01:35:44,040 --> 01:35:45,960
Speaker 19: of Wales got her a huge hug and that makes

1841
01:35:46,040 --> 01:35:48,360
Speaker 19: many of the papers today just beautiful to sing.

1842
01:35:48,560 --> 01:35:52,160
Speaker 3: And Inda, will that cruise ship EVA leave Ireland?

1843
01:35:53,400 --> 01:35:56,240
Speaker 19: I'm starting to worry for these people. I mean, Belfast

1844
01:35:56,360 --> 01:35:58,400
Speaker 19: is a lovely little town, but you do it in

1845
01:35:58,439 --> 01:36:02,360
Speaker 19: the weekend. They've been there. May thirtieth was the day

1846
01:36:02,400 --> 01:36:06,040
Speaker 19: they arrived in Belfast. So this is this perpetual cruise.

1847
01:36:06,200 --> 01:36:09,240
Speaker 19: They go around the world and then they start all

1848
01:36:09,280 --> 01:36:11,360
Speaker 19: over again and you buy your cabin for life. And

1849
01:36:11,920 --> 01:36:15,519
Speaker 19: I honestly couldn't think of anything worse apart from being

1850
01:36:15,600 --> 01:36:18,760
Speaker 19: stuck on that ship forever, being stuck in Belfast for

1851
01:36:18,880 --> 01:36:21,439
Speaker 19: four months, as much as I love Ireland. But anyway,

1852
01:36:21,560 --> 01:36:25,240
Speaker 19: they did leave yesterday and they got about an hour

1853
01:36:25,400 --> 01:36:28,080
Speaker 19: out into the Irish Sea and there was some issue

1854
01:36:28,120 --> 01:36:31,200
Speaker 19: with paperwork and they dropped anchor in Belfast. Luck, and

1855
01:36:31,320 --> 01:36:33,400
Speaker 19: they're still there now. The whisper is they're going to

1856
01:36:33,520 --> 01:36:37,200
Speaker 19: leave in about fourteen hours time. I'm a little bit

1857
01:36:37,280 --> 01:36:38,000
Speaker 19: concerned for them.

1858
01:36:38,200 --> 01:36:38,640
Speaker 6: I don't know.

1859
01:36:38,760 --> 01:36:39,760
Speaker 17: I think there could be some.

1860
01:36:40,479 --> 01:36:44,000
Speaker 19: Incredible reality TV show with hidden TV cameras and it's

1861
01:36:44,000 --> 01:36:46,200
Speaker 19: all going to be broadcast on Irish TV on April

1862
01:36:46,240 --> 01:36:46,800
Speaker 19: Fool's Day.

1863
01:36:47,000 --> 01:36:49,040
Speaker 3: Yeah, you do something wonder if it's getting a bit

1864
01:36:49,120 --> 01:36:50,760
Speaker 3: lord of the flies on board, don't you.

1865
01:36:52,640 --> 01:36:55,000
Speaker 19: That's why they're worrying me, Jack. Honestly, you know I

1866
01:36:55,080 --> 01:36:57,320
Speaker 19: love my family, but I couldn't go on a cruise

1867
01:36:57,360 --> 01:36:59,160
Speaker 19: for two weeks with my family because I know I

1868
01:36:59,280 --> 01:36:59,880
Speaker 19: do their heads in.

1869
01:37:00,080 --> 01:37:01,240
Speaker 6: Yeah, of course there we are.

1870
01:37:01,439 --> 01:37:04,200
Speaker 3: Yeah, very good. Hey, thanks Ender, We appreciate it. That's

1871
01:37:04,280 --> 01:37:06,960
Speaker 3: end of Brady, a UK correspondent. It is just coming

1872
01:37:07,000 --> 01:37:08,080
Speaker 3: up to seven minutes to seven.

1873
01:37:08,720 --> 01:37:12,559
Speaker 1: Whether it's macro, MicroB or just plain economics, it's all

1874
01:37:12,680 --> 01:37:16,280
Speaker 1: on the Business Hour with Heather Duplicy Allen and my HR,

1875
01:37:16,640 --> 01:37:18,879
Speaker 1: the HR platform for SME News.

1876
01:37:18,760 --> 01:37:22,240
Speaker 3: Talks B News Talks B five to seven. You're with

1877
01:37:22,320 --> 01:37:26,400
Speaker 3: Jack Tame. If you are listening this evening from Dunedin

1878
01:37:26,720 --> 01:37:30,200
Speaker 3: or parts of North Otago around the Kluther region as well,

1879
01:37:30,960 --> 01:37:33,320
Speaker 3: you should know by now that there is a lot

1880
01:37:33,360 --> 01:37:35,000
Speaker 3: of rain falling and a lot more to come. That

1881
01:37:35,120 --> 01:37:39,040
Speaker 3: red rain warning remains in place. Our newsroom is keeping

1882
01:37:39,080 --> 01:37:40,760
Speaker 3: a really close eye on things and is going to

1883
01:37:40,840 --> 01:37:42,720
Speaker 3: do so right throughout the evening so they can bring

1884
01:37:42,800 --> 01:37:45,280
Speaker 3: you the very latest from Civil Defense and from the

1885
01:37:45,360 --> 01:37:48,320
Speaker 3: Met Service. At the moment, the Met Service says about

1886
01:37:48,439 --> 01:37:51,400
Speaker 3: thirty five mills of rain has fallen in Dunedin, so

1887
01:37:51,560 --> 01:37:54,280
Speaker 3: three and a half centimeters up until about five thirty

1888
01:37:54,680 --> 01:37:59,519
Speaker 3: but from now until tomorrow night at nine pm across

1889
01:38:00,280 --> 01:38:02,920
Speaker 3: of North Otago in the Kluther region, so probably on

1890
01:38:03,240 --> 01:38:06,160
Speaker 3: either side of the there, they're expecting at least another

1891
01:38:06,280 --> 01:38:09,479
Speaker 3: one hundred mills of rain to fall, which is a massive, massive,

1892
01:38:09,520 --> 01:38:12,599
Speaker 3: massive quantity. So if you are listening in this evening

1893
01:38:12,800 --> 01:38:16,360
Speaker 3: and you're in one of the affected regions Dunner's, Cluther,

1894
01:38:16,640 --> 01:38:21,040
Speaker 3: North Otago, we are thinking of you, hoping that the

1895
01:38:21,160 --> 01:38:26,479
Speaker 3: fears of the forecasters proved not to be too it

1896
01:38:26,560 --> 01:38:29,160
Speaker 3: proved not to come true and actually despite the heavy rain,

1897
01:38:29,240 --> 01:38:31,200
Speaker 3: there isn't too much damage or anything. But make sure

1898
01:38:31,240 --> 01:38:34,040
Speaker 3: you listen to all of the advice. Right, Andy's on

1899
01:38:34,080 --> 01:38:35,240
Speaker 3: the beats to close things out tonight.

1900
01:38:35,280 --> 01:38:36,720
Speaker 25: What have we got, bro, Yeah, we've got some good

1901
01:38:36,760 --> 01:38:40,000
Speaker 25: publicity from James Blunt. He's back, well kind of back.

1902
01:38:40,040 --> 01:38:41,559
Speaker 25: He's re releasing this is the new thing to make

1903
01:38:41,560 --> 01:38:43,160
Speaker 25: a bit of money. You re released your album from

1904
01:38:43,160 --> 01:38:46,240
Speaker 25: twenty five years ago. Yes, but if this goes to

1905
01:38:46,360 --> 01:38:48,080
Speaker 25: number one. This is what he said to his fans.

1906
01:38:48,120 --> 01:38:53,320
Speaker 25: He will legally change his name. Oh so whatever they choose, right, so's.

1907
01:38:52,960 --> 01:38:57,040
Speaker 3: No our just going to be a shippy mixship face

1908
01:38:57,120 --> 01:39:05,120
Speaker 3: blunt blames, jump jump blames. Let's not go through all

1909
01:39:05,160 --> 01:39:06,320
Speaker 3: of the different leader in the air.

1910
01:39:07,360 --> 01:39:10,759
Speaker 25: It gets a little dodgy re releasing back to Bedlam,

1911
01:39:10,800 --> 01:39:12,800
Speaker 25: which was obviously is it nice? Oh?

1912
01:39:12,920 --> 01:39:15,479
Speaker 3: Very good, Thank you sir, Thanks to Andy, Thanks Olivy,

1913
01:39:15,520 --> 01:39:17,280
Speaker 3: thanks for Kinzy for helping me with the show. Today,

1914
01:39:17,439 --> 01:39:19,160
Speaker 3: Darcy Watergame is going to take you through the evening

1915
01:39:19,240 --> 01:39:22,280
Speaker 3: on News Talks. He's here behind the mic with Sports

1916
01:39:22,360 --> 01:39:24,160
Speaker 3: Talk next, and of course we'll have the latest on

1917
01:39:24,240 --> 01:39:27,160
Speaker 3: that civil defense situation. I'm back tomorrow from for Tilde

1918
01:39:27,240 --> 01:39:28,280
Speaker 3: and have a great evening.

1919
01:39:43,080 --> 01:39:46,200
Speaker 1: For more from Hither Duplessy Allen Drive. Listen live to

1920
01:39:46,320 --> 01:39:49,360
Speaker 1: News Talks it'd be from four pm weekdays, or follow

1921
01:39:49,400 --> 01:39:51,120
Speaker 1: the podcast on iHeartRadio.