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Speaker 1: Pressing the newsmakers to get the real story.

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Speaker 2: It's Heather Duplicy Ellen Drive with One New Zealand coverage

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Speaker 2: like no one else News Dogs Heavy.

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Speaker 3: Good afternoon from Wellington. Coming up on the show today,

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Speaker 3: the government's changed its tone quite noticeably on our fuel reserves.

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Speaker 3: Nicholaullis will talk us through what she's worried about. After five.

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Speaker 3: Michael Riddell, the former Reserve Bank economist, on the disappointing

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Speaker 3: GDP number out today, and the boss of Nova, which

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Speaker 3: is a company that makes we go VI and Ozepic,

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Speaker 3: is with us. After six.

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Speaker 1: Heather Duplic Ellen.

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Speaker 3: Yeah, well, I'm sorry to say it's a little bit

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Speaker 3: of a bad day, a day of rather bad economic news.

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Speaker 3: I'm afraid. Let's start with the GDP number. So it

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Speaker 3: is zero point two percent for the last quarter of

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Speaker 3: last year, which is very much of at the low

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Speaker 3: end of what we were expecting. We were expecting somewhere

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Speaker 3: in the range of zero point two all the way

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Speaker 3: up to zero point five percent, which is what the

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Speaker 3: Reserve Bank had picked. The problem with that is those

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Speaker 3: were the good types. That was the number that we

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Speaker 3: got before the Iran war kicked off. So It's not

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Speaker 3: much of a place to start from, is it.

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Speaker 4: Now.

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Speaker 3: The good news is that at least we are recovering. Yep,

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Speaker 3: it's slow. It is grinding, which we knew it was

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Speaker 3: going to be, but it is real. We recorded one

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Speaker 3: point three percent growth for the year, which is not

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Speaker 3: a lot, but at least it is growth because this

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Speaker 3: is the first time in more than two years that

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Speaker 3: the economy has posted annual growth. Now, because it's also

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Speaker 3: at the low end, it means the Reserve Bank has

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Speaker 3: a little bit more latitude when it makes its ocr decision.

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Speaker 3: It can look through the inflation spike that the Iran

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Speaker 3: war will absolutely cause, which means that the Reserve Bank

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Speaker 3: doesn't have to be in such a hurry to raise

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Speaker 3: the official cash rate to deal with that inflation. The

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Speaker 3: second piece of bad news we got today is that

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Speaker 3: the war has escalated. Israel has struck Iran's oil field.

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Speaker 3: It has sent the price of oil up past one

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Speaker 3: hundred and ten US dollars a barrel. It is noticeable

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Speaker 3: that the government's tone has changed on our fuel Now

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Speaker 3: they've just updated the country a couple of hours ago.

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Speaker 3: They do not sound as relaxed about fuel. Into the

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Speaker 3: medium term eightsh weeks away that they may have earlier

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Speaker 3: in the weekend. I will run you through all the

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Speaker 3: details of that shortly. Now, again, there is a little

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Speaker 3: bit of good news here. We are mostly reliant on

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Speaker 3: South Korean and South Korea and Singapore for our oil.

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Speaker 3: They are still supplying their customers. Australia, on the other hand,

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Speaker 3: is much more reliant on China than we are. China

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Speaker 3: has banned exports. So you know, let's take the bright

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Speaker 3: side here. Our supply looks better than some At least

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Speaker 3: we are growing, which gives us at least some reason

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Speaker 3: not a panic on a day of not great economic news.

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Speaker 1: Together do for c Allen nineteen nineteer is.

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Speaker 3: The text number Sander techs feed supply now. Speeding tickets.

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Speaker 3: If you got a speeding ticket last year, you were

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Speaker 3: not alone. According to official figures, police officers issued five

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Speaker 3: hundred and thirty eight thousand speeding finds last year. Now,

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Speaker 3: on average, that's actually more than one fine permanent for

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Speaker 3: the whole year, and it doesn't include fines from fixed

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Speaker 3: or mobile cameras, and it is up way on the

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Speaker 3: two years previously. Dylan Thompson as an AA Safety Road

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Speaker 3: Road Safety spokesperson and with us, Hi, Dylan morning, well afternoon, Yeah, Juice,

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Speaker 3: that day's got away Onyar, isn't it? It is the afternoon, Dylan.

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Speaker 3: Why has it gone up so much? Why have they

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Speaker 3: started finding us at such a big rate.

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Speaker 5: Essentially, in the last couple of years, the police have

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Speaker 5: really lifted their focus around drunk driving enforcement and speeding enforcement.

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Speaker 5: So in the kind of late twenty teens that had

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Speaker 5: dropped off quite a bit, and the last couple of

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Speaker 5: years the police have really come back with a renewed focus.

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Speaker 5: They are out on the roads a lot more than

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Speaker 5: they were and we're seeing that come through in the

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Speaker 5: ticketing numbers.

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Speaker 3: Yeah, why did it drop back? I mean because we're

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Speaker 3: back up to levels that we lasted sixteen years ago.

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Speaker 3: So what happened in that period.

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Speaker 5: Very hard to kind of know what exactly was behind it.

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Speaker 5: I think that there was a lot of a lot

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Speaker 5: of sort of pressures and calls on the police, and

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Speaker 5: road policing offices were sometimes been covering other duties and

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Speaker 5: having to do those kind of things spread themselves around.

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Speaker 5: But in the last couple of years that has changed.

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Speaker 5: There's been a big focus once again on being back

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Speaker 5: out on the roads. And what we've also seen in

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Speaker 5: the last couple of years is we've actually had the

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Speaker 5: lowest rates of road deaths in New Zealand and more

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Speaker 5: than a century. And we think those things are connected.

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Speaker 3: Now, I saw that and I thought, I'd love to

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Speaker 3: believe that they are connected. But we also have a

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Speaker 3: drop off in road deaths when we have a recession,

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Speaker 3: right because people drive a lot less and we've just

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Speaker 3: gone through a period of quite extended recession. So could

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Speaker 3: it not actually just be that.

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Speaker 5: In twenty twenty four, actually driving did not drop. It

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Speaker 5: was the most kilometers driven on New Zealand's roads ever

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Speaker 5: and we had a record low road toll. We won't

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Speaker 5: have data for twenty twenty five yet, but it doesn't

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Speaker 5: look like we've seen much of a drop off in

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Speaker 5: driving through these tough times, So that doesn't seem to

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Speaker 5: be really the reason behind it. You know, the economy

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Speaker 5: is likely to be playing a factor, but to have

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Speaker 5: two years in a row of these record lows, there

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Speaker 5: seems to be more going on than just the economic times.

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Speaker 3: Okay, now do you think I mean you still? I think?

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Speaker 3: Am I right? In thinking? You go about ten k's

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Speaker 3: over the speed limit. You're still only getting whacked with

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Speaker 3: a thirty dollar fine or something like that. So do

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Speaker 3: you guys still have the view that they need to

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Speaker 3: go up the fines.

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Speaker 5: Yes, well we are, but not just the fines on

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Speaker 5: their own. We do think that you know, it's been

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Speaker 5: since the nineties since those finds have changed. They're much

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Speaker 5: lower than other countries, and our survey work shows that

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Speaker 5: the majority of AA members think they're too low to

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Speaker 5: be effective. So we do think the money value needs

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Speaker 5: to go up, But we'd also like to see some

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Speaker 5: alternatives to fines coming in and being used. Some other countries,

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Speaker 5: you can have an option where sometimes people can be

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Speaker 5: fined or they can do some sort of course around

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Speaker 5: feeding or seat belts or cell phones as an alternative.

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Speaker 5: And we think to merit points being used more could

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Speaker 5: actually work better to change behavior. So so we think

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Speaker 5: we need to be doing a number of things.

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Speaker 3: Alternative theory if you dyln't alternative theory on the text,

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Speaker 3: which is the reason that fewer people are dying on

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Speaker 3: the roads is because we've got more modern cars that

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Speaker 3: are more safe.

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Speaker 5: I definitely think that that's a factor, absolutely that is

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Speaker 5: going to be playing a part and We've also seen

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Speaker 5: a number of our higher risk highways been upgraded or

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Speaker 5: replaced with new highways. So I think there's there's multiple

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Speaker 5: things involved, but definitely think enforcement is part of that mix.

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Speaker 3: All right. Listen, Dylan, always good to talk to you.

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Speaker 3: Thank you so much, mate, You look after yourself. That's

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Speaker 3: Dylan Thompson, who is the AA Road Safety spokesperson. Or Heather,

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Speaker 3: you can piss off with your revenue collection is just

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Speaker 3: another form of tax, nothing to do with safety. Well,

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Speaker 3: I mean it is. It is. It is revenue collection,

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Speaker 3: but it is also safety, so it's not quite it's

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Speaker 3: not quite as binary as you've painted it there. Listen,

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Speaker 3: members of the Iranian women's football team who were going

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Speaker 3: to go back to Iran, which is like the vast

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Speaker 3: majority of them now have arrived back in Iran. So

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Speaker 3: it's a hell of a journey for those guys. They

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Speaker 3: landed in Turkey and then they drove in from Turkey

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Speaker 3: and there was a small welcome party waving flags on

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Speaker 3: the Iranian side of the border, and then the team

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Speaker 3: and the staff sat on a stage with a red carpet,

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Speaker 3: and they're going to make even more of a fuss

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Speaker 3: for them they've got a welcoming ceremony that's been it's

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Speaker 3: going to be held in a square in Tehran and

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Speaker 3: so on. What you need to understand is that they

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Speaker 3: are symbolic, very very important, very symbolically important to the regime.

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Speaker 3: So the regime regime has to at least make an

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Speaker 3: effort to look like they're going to be nice to

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Speaker 3: them for the first bit, don't they. Fourteen past four.

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Speaker 2: It's the Heather topsy Alan Drive Full Show podcast on

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Speaker 2: iHeartRadio powered by News Talks be heither.

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Speaker 3: We are going gangbusters exporting our primary products more now

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Speaker 3: than ever. So how come we are such a basket

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Speaker 3: case in the view of the mainstream media? Can you

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Speaker 3: ask the ex Treasury dude later? Well, Andrew, I don't know.

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Speaker 3: I don't I don't need to ask the X Treasury dude.

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Speaker 3: I think we already know the answer to this.

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Speaker 6: Right.

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Speaker 3: Farmers are saving our butts and doing awesome work. But

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Speaker 3: when you look at what's going on with the rest

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Speaker 3: of the economy, including construction, which is like the standout

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Speaker 3: for going backwards at the moment across the country, it's

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Speaker 3: not actually going that well, isn't it. Just look at

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Speaker 3: the GDP. It's not the mainstream media. It's just literally

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Speaker 3: the data four eighteen good Sport.

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Speaker 2: With generate celebrating great performances in sport and the key

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Speaker 2: we saver agance.

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Speaker 3: Darcy water grade sports talkhosters with us.

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Speaker 7: Hello, darsh I'm used to being blamed. I don't mind

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Speaker 7: being part of a bloody media. Of course, it's my fault.

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Speaker 3: Everything is. Now, what's going on with the rugby clubs

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Speaker 3: ditching the fees for the juniors.

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Speaker 7: Well, it's happened in our counties. They've done it for

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Speaker 7: a few years now and basically said, look, we know

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Speaker 7: that it can be financially pressuring on families, especially families.

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Speaker 7: You know, three five kids wanting to play rugby and

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Speaker 7: you've got all those subs. It just squashes people. So

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Speaker 7: they've gone that way. It seems to be a great

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Speaker 7: success and to not We're going to catch up with

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Speaker 7: Kevin Hacklin, not what his bowls had on, but with

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Speaker 7: his head of operations for Marris Rugby club on because

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Speaker 7: they're doing the same thing. I believe it's the first

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Speaker 7: actually Auckland Centralish team if you will, that are doing

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Speaker 7: this no fees virginiors hopefully to try and encourage more

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Speaker 7: people into the game. And we all understand the pressures

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Speaker 7: on us financially with cost of living, and if you

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Speaker 7: want to get out there doing something fun that they love,

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Speaker 7: playing a game they enjoy. If you're going to save,

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Speaker 7: if you're at a buck's, good on them. So it's

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Speaker 7: really interesting with Kevin where that's going. And I suppose

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Speaker 7: how far it actually goes, Like will that end up

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Speaker 7: being seniors or the intermediate players? I'm sure that's not

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Speaker 7: the phrase, but how far this actually goes throughout the

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Speaker 7: country to get people engaged in the game of rugby,

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Speaker 7: because you've got to fight tooth and nail, right, I

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Speaker 7: really do.

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Speaker 3: I Now, what is it that Rory McElroy eats before

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Speaker 3: he plays the Masters.

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Speaker 7: Or whatever he can? By the looks of it, menu

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Speaker 7: is a thing of beauty. Now, of course you remember

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Speaker 7: that when you win the Master's part of the award

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Speaker 7: is that when it comes time for the next Masters,

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Speaker 7: what they do is they I'll just stop right there, Heather,

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Speaker 7: did you know that we're actually working on the same

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Speaker 7: computer at the moment? And are you why are you

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Speaker 7: going on my why why are you feeling I'm sitting

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Speaker 7: in your seat? The dogs on the couch. The dog

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Speaker 7: is on your couch. I'm looking things up while I'm

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Speaker 7: talking to you, and suddenly the mouse has gone ballistic,

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Speaker 7: and I'm like, what on earth is gone?

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Speaker 1: Ah?

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Speaker 7: I know what it is. So we're fighting. Look, he's

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Speaker 7: released as menu. He's released his menu, and there's a

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Speaker 7: lot of things on it. Elk seems to be the

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Speaker 7: big thing for him. Have you ever tasted elk before?

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Speaker 3: No? No, I'd imagine if it tastes like venison, what

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Speaker 3: do you.

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Speaker 7: Think, Well, you'd think. I made this terrible joke with

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Speaker 7: the boys now afternoon, so I'll do it again. It's

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Speaker 7: probably a bit gamy.

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Speaker 8: He said, to be the kind of play game.

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Speaker 6: Don't get.

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Speaker 3: Yeah, golf game.

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Speaker 7: Okay. So he's got like bacon wrapped dates with goat cheese.

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Speaker 7: It's one of his mum's favorite recipes that they've gone

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Speaker 7: with a yellow fin tuna capaccio. It's his favorite New

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Speaker 7: York restaurant offering wag you Philip Mignon filling Mignon seared

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Speaker 7: salmon everything. Although I do like this one. One of

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Speaker 7: the main course picks. Part of his vegetables are carrots,

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Speaker 7: onion rings, and Brussels sprouts.

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Speaker 3: It's keeping it real, does he? But I mean, so

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Speaker 3: is he giving us any specifications about how he's cooking

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Speaker 3: these Brussels sprouts or these carrots? They they just cooked steamed.

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Speaker 3: And by the way, who's cooking for him? Is he

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Speaker 3: having this flown in from his mum's house and then

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Speaker 3: his favorite New York restaurant or has he got some.

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Speaker 2: Of the following his mum?

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Speaker 7: And I think he's probably just pinched the recipe and

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Speaker 7: giving it to the chefs at Augusta, because I don't

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Speaker 7: know exactly what they are doing there.

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Speaker 3: Was it okay with you if I take my computer

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Speaker 3: back now?

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Speaker 9: Yeah?

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Speaker 7: No, no, sure, my fault. I was just scanning and

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Speaker 7: suddenly it was going around seeing that Heather, I saw it.

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Speaker 7: Don't access that site.

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Speaker 3: All right, Thank you very much, Darcy, appreciate it. Else

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Speaker 3: close hold on not closed down, pornhub dot cold on.

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Speaker 7: Keevin Hecklinda joins us to talk about that. Will also

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Speaker 7: catch up with White Crockett tonight, who's about to have

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Speaker 7: his record Super Rugby attendance. If you all games played

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Speaker 7: passed by James Slipper.

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Speaker 3: Good on you enjoy your day. Darcy Water Grave be

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Speaker 3: back at seven. It's four twenty two.

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Speaker 1: Your home for the big names and entertainment. It's the

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Speaker 1: mic asking Breakfast.

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Speaker 10: Bobby Williams, as well as Let's up with the Bricks

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Speaker 10: the other night. I mean goodness. So on a scale

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Speaker 10: of one to ten, house stoked?

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Speaker 1: Are you may?

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Speaker 11: I've thought about it every day since. It was a

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Speaker 11: real career highlight for many reasons. Have the honor of

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Speaker 11: front end and Uzzie Osbourne tributes, which in itself was

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Speaker 11: just intoxicating, and I want more of it.

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Speaker 10: So, I mean, even after all these years, it must

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Speaker 10: be a point where everything's like and you've done all

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Speaker 10: you need to do.

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Speaker 1: The rest is just joy.

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Speaker 10: But that sounds to me like you need some more.

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Speaker 1: Yeah, I do.

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Speaker 11: The whole is unfallible, but still I persevere.

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Speaker 10: Back tomorrow at six am the Mic Hosking Breakfast with

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Speaker 10: Rain Drivers bought SV News Talk.

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Speaker 2: Said, b the name you truffed to get the answers

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Speaker 2: you need, it's Heather Duplicyl and drive with one New

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Speaker 2: Zealand coverage like no one else.

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Speaker 1: News Talk said, be Heather.

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Speaker 3: The Venison burger from Burger Fuel is wappity, which is

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Speaker 3: a little It was a variety of alkin it's delicious, Paul,

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Speaker 3: thank you. So now we don't have to guess what

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Speaker 3: it's like to be rory. We can go and eat

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Speaker 3: it ourselves, like a variation of it. I suppose. Right,

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Speaker 3: let's get you across what Nikola Willis has So, as

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Speaker 3: I say, the tone has changed from the government because

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Speaker 3: up to now they've been like, hey, there's nothing to

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Speaker 3: worry about. It's absolutely fine, absolutely fine. Today they held

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Speaker 3: the press conference Nicola Willis Chris Lux and they were like, okay, guys,

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Speaker 3: things could things could get worse before they get better.

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Speaker 3: So basically the message that they were delivering is we've

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Speaker 3: got about seven weeks of fuel and that's fine, but

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Speaker 3: they'll worried a little bit that there may be just

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Speaker 3: eruptions thereafter. So they are going to start introducing a

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Speaker 3: two twice a week update on what's going on with

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Speaker 3: the fuel starting on Monday. What they've seen is that

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Speaker 3: there are some rerouting of products that is going on.

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Speaker 3: It sounds like it was farm products. But I'm going

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Speaker 3: to talk to Nicola about that after five and find out.

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Speaker 3: One of the things they're looking at doing is relaxing

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Speaker 3: our fuel specifications.

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Speaker 12: What we are working with fuel importers on is to say,

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Speaker 12: if you weren't able to source refined products from your

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Speaker 12: usual sources, how many more options would be on the

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Speaker 12: table if we relax some specifications. And which specifications would

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Speaker 12: you like to relax?

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Speaker 3: Now, I'm going to give them a huge amount of

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Speaker 3: credit for being tough. They realize people need help, which

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Speaker 3: is good, and they are going to give people help,

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Speaker 3: which is good. And they're not going to do the

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Speaker 3: same thing that Grant Robertson did, which was just open

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Speaker 3: that fire hose and just splash the cash at all

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Speaker 3: of us, including the millionaires. They're going to be a

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Speaker 3: little bit more targeted with the cost of living relief.

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Speaker 12: I have already instructed the Inland Revenue Department to work

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Speaker 12: on some options together with Treasury, and I can confirm

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Speaker 12: that we're looking at the tax and transfer system.

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Speaker 3: Now that suggests the tax and transfer system suggests that

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Speaker 3: it's working for families. But as I say, Nicholas with

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Speaker 3: us after five o'clock we'll get the details from her.

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Speaker 3: I was wrong to be unkind about Lincoln Park last night,

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Speaker 3: calling them a tribute band. The Boys and the Team,

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Speaker 3: producer keV and producer Sam say. They were awesome. They

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Speaker 3: broke a record for Spark Arena last night. They sold twelve,

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Speaker 3: seven hundred and thirty six tickets. So there you go.

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Speaker 3: We love the Lincoln Park. Apparently news is next.

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Speaker 13: You're in.

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Speaker 2: On your smart speaker, on the iHeart app and in

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Speaker 2: your car on your drive home it's Heather Duplicy Ellen

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Speaker 2: drive with one New Zealand hand of power of satellite

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Speaker 2: mobile news talks that'd be Shawonda Condon.

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Speaker 3: And if I don't get any news that's better by Sunday,

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Speaker 3: I'm going to start collecting gas and some containers because

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Speaker 3: if I run short, my business will literally stop. And

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Speaker 3: I have nine staff with families who have bills as well,

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Speaker 3: and I'm not getting caught out like idded with COVID.

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Speaker 3: That's from US. I'll tell you what. There is an

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Speaker 3: article that was sent to me last night which has

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Speaker 3: been written. It's a blog out of Australia, just painting

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Speaker 3: a picture of how dire it's going. Like I think

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Speaker 3: that the headline is living I've got it here. Actually

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Speaker 3: I've got to read this headline to you so you

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Speaker 3: can kind of get a sense of how grim this is.

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Speaker 3: Ten to eighteen days until Australia runs dry and it

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Speaker 3: ends up. It's just like I'm not don't go and

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Speaker 3: read it, because if you go and read it, you're

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Speaker 3: gonna freak out, and then you're gonna start planting broccoli

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Speaker 3: in your backyard and preparing for Soviet shalts. I'm going

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Speaker 3: to give you some of it. It's not I just

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Speaker 3: think personally this person is being alarmist. And it's also

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Speaker 3: not going to go this way in New Zealand. But

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Speaker 3: it gives you a sense of how people are freaking

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Speaker 3: out in various parts of the world. I'll run you

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Speaker 3: through it when I get a chance before let's say,

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Speaker 3: definitely before six o'clock, but hopefully before five o'clock. And

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Speaker 3: I need to talk to you about drugs. We've got

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Speaker 3: new drugs trend with all kinds of you know, one

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Speaker 3: of those surveys where they tell you everybody's snorting more cocaine.

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Speaker 3: So I'll get you that shortly. We've got a bit

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Speaker 3: of a problem with Nikola Willis, which is that Nicholas

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Speaker 3: due to be with us after five, but we've just

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Speaker 3: been told we may have to read because now Nicholas

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Speaker 3: got a phone call with the Aussie Treasurer, which as

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Speaker 3: you can understand, does kind of that's that's quite important

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Speaker 3: for Mars.

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Speaker 14: We're gettings we have to talk about.

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Speaker 3: Not a lot. It's probably just to catch up. It's

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Speaker 3: probably one of those ones where are just checking in

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Speaker 3: with each other, you know, just mental health check, one

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Speaker 3: of those ones you do with other other parents, you

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Speaker 3: call them for a welfare checks everything. Okay, So anyway,

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Speaker 3: Nicky's going to talk to Dicky in a minute, and

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Speaker 3: we're getting bumped for it. So as a result, we're

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Speaker 3: just sorting that out. But she's definitely going to come

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Speaker 3: and chat to us. We're just sorting out when that's

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Speaker 3: going to happen. Standby'll update you shortly twenty three away

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Speaker 3: from five.

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Speaker 1: It's the World Wires on news Dogs. They'd be drive.

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Speaker 3: Israel has laid attacks in northern Iran for the first time.

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Speaker 3: The IDF has also hit a major natural gas facility,

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Speaker 3: which is quite an escalation in the warn and experts

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Speaker 3: says this is not good for the global fuel crisis.

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Speaker 15: Ron is vowing and has already begun to go after

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Speaker 15: oil production facilities in Kuttar. There have also been strikes

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Speaker 15: in Saudi Arabia. The cuntries have noted extensive damage. This

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Speaker 15: does not bode well for global energy markets.

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Speaker 3: Over in the US, the Federal Reserve has kept interest

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Speaker 3: rates unchanged. In the US, here's the chair Jerome Power.

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Speaker 16: Near term measures of inflation expectations have risen in recent weeks,

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Speaker 16: likely reflecting the substantial rise in oil prices caused by

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Speaker 16: the supply disruptions in the Middle East. Most measures of

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Speaker 16: longer term expectations remain consistent with our two percent inflation goal.

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Speaker 3: And finally, people in Ohio, well that didn't end well.

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Speaker 3: For what I'm about to tell you, People in Ohio

403
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Speaker 3: and Pittsburgh have seen the ultimate shooting star. It was

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Speaker 3: a seven ton meteor which entered the atmosphere and then

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Speaker 3: exploded above the Valley City in Ohio. It was nine

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Speaker 3: am local time, but the rock and its fiery tail

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Speaker 3: were fully visible even in the daylight.

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Speaker 1: Now.

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Speaker 3: I don't know if this works when the thing has exploded,

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Speaker 3: but hey, it's a shooting star. Make a wish.

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Speaker 2: International correspondence with ends and eye insurance. Peace of mind

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Speaker 2: for New Zealand business.

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Speaker 3: Murray Old Zozzie correspondents with US. He mus good, all right,

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Speaker 3: who's this new fuel boss.

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Speaker 9: Well, we don't know a whole lot about her. I mean,

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Speaker 9: she's a former CEO and the energy sector, the energy regulator,

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Speaker 9: and she has been appointed as the go to person

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Speaker 9: at the federal level. And what Anthony Albanese, he's instructed

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Speaker 9: all the states and territories today to appoint a single

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Speaker 9: person in pardon me, to basically report up the chain

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Speaker 9: about local state level and territory level local fuel supplies

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Speaker 9: diesel and petrol and I guess gas as well, because

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Speaker 9: you know, I heard you mentioned that blog from over here.

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Speaker 9: The federal government says, you know, we've got twenty nine

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Speaker 9: days supply of jet fuel, no need for concern there.

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Speaker 9: But don't forget China as the main supplier of jet

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Speaker 9: field of this country, and it's flagged an export ban

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Speaker 9: on jet fuel. So you've got also the National Farmers Federation,

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Speaker 9: a lot of farmers. I mean, it's not as though

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Speaker 9: I go to the pump, you go to the pump.

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Speaker 9: You might put eighty liters in our tanks. The farming community,

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Speaker 9: I mean they're often putting four hundred, five hundred, one

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Speaker 9: thousand liters more in their big machinery. And that's you know,

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Speaker 9: and they need that to get crops in and to

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Speaker 9: bring stuff into the cities to feed the rest of us.

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Speaker 9: So it is of concern, there's no doubt about that.

437
00:20:38,840 --> 00:20:42,359
Speaker 9: So Anthony Albernezi, as I say, has convened this National

438
00:20:42,400 --> 00:20:46,240
Speaker 9: Cabinet meeting assurances that Listener's not a supply problem, it's

439
00:20:46,240 --> 00:20:49,720
Speaker 9: a demand problem. People are out there going silly. Apparently

440
00:20:49,760 --> 00:20:53,520
Speaker 9: Bunnings has run out of jerry cans in some parts

441
00:20:53,520 --> 00:20:56,919
Speaker 9: of Australia. I had a stat this morning. In the

442
00:20:57,000 --> 00:21:01,159
Speaker 9: last few weeks, what's the date now, nineteenth of March,

443
00:21:01,640 --> 00:21:04,280
Speaker 9: we've had two hundred and twenty one drive offs from

444
00:21:04,359 --> 00:21:09,480
Speaker 9: petrol stations in South Australia. Now this month that's more

445
00:21:09,960 --> 00:21:12,480
Speaker 9: a bigger pardon this week, that's more than twice the

446
00:21:12,560 --> 00:21:14,919
Speaker 9: number of the previous week. So look, it is of

447
00:21:15,040 --> 00:21:19,359
Speaker 9: concern and molding concern in terms of the supply, particularly

448
00:21:19,400 --> 00:21:22,800
Speaker 9: of diesel, because it's placed that is the national heroin

449
00:21:23,160 --> 00:21:25,560
Speaker 9: over here. We need diesel for everything, to get trucks

450
00:21:26,080 --> 00:21:29,320
Speaker 9: and many passenger vehicles as well. But I mean the

451
00:21:29,359 --> 00:21:30,800
Speaker 9: trucking industry runs on diesel.

452
00:21:32,640 --> 00:21:36,080
Speaker 3: Mus At times like these, there will obviously be allegations

453
00:21:36,080 --> 00:21:38,120
Speaker 3: of price gouging. But do you think there's anything to it?

454
00:21:39,560 --> 00:21:45,199
Speaker 9: Well, yeah, I drive around Sydney right and in my

455
00:21:45,320 --> 00:21:49,240
Speaker 9: part of Sydney it's it's usually the most expensive fuel

456
00:21:49,480 --> 00:21:53,520
Speaker 9: in the city. My local unleaded. You get the E

457
00:21:53,600 --> 00:21:55,680
Speaker 9: ten stuff down the bottom of the hill from where

458
00:21:55,720 --> 00:21:59,320
Speaker 9: I am here and Bandy and it's two dollars twenty

459
00:21:59,400 --> 00:22:02,639
Speaker 9: nine a league for the E ten, the epidol enhanced fuel,

460
00:22:03,680 --> 00:22:07,240
Speaker 9: but up in Armadale, for example, six hours northern Sydney,

461
00:22:07,720 --> 00:22:10,600
Speaker 9: up in New England. I heard one report. I've not

462
00:22:10,680 --> 00:22:13,399
Speaker 9: seen this myself, but I heard one report some service

463
00:22:13,440 --> 00:22:16,480
Speaker 9: station that it was charging three dollars forty for a

464
00:22:16,560 --> 00:22:21,040
Speaker 9: leader for a leader of gas. Now, that is exorbitant.

465
00:22:21,080 --> 00:22:25,000
Speaker 9: That is completely people off. So the a Triple our

466
00:22:25,320 --> 00:22:27,800
Speaker 9: consumer watchdog, the a Trip will see the Competition and

467
00:22:27,840 --> 00:22:32,360
Speaker 9: Consumer Commission has announced an inquiry into this old in

468
00:22:31,720 --> 00:22:36,120
Speaker 9: the big four fuel distributors. The other concern, of course,

469
00:22:36,320 --> 00:22:39,480
Speaker 9: going back to farming a community, a lot of supplies

470
00:22:39,520 --> 00:22:43,920
Speaker 9: are not getting out to regional and rural centers. The

471
00:22:44,800 --> 00:22:48,159
Speaker 9: big distributors are filling up the city, the city bowsers,

472
00:22:48,520 --> 00:22:50,600
Speaker 9: but not so much in the bush. And that's of

473
00:22:50,680 --> 00:22:54,160
Speaker 9: mounting concern as well. So look, it's a big juggling

474
00:22:54,200 --> 00:22:56,320
Speaker 9: act at this stage of the government's saying he that

475
00:22:56,440 --> 00:22:59,000
Speaker 9: nothing to worry about, but we're in good shape, depending

476
00:22:59,000 --> 00:23:02,320
Speaker 9: on entire on how long this varney in the Middle

477
00:23:02,320 --> 00:23:03,000
Speaker 9: East lasts.

478
00:23:03,640 --> 00:23:05,639
Speaker 3: Now, mass did you see the story of the Sydney

479
00:23:05,640 --> 00:23:08,000
Speaker 3: Morning here all today, the article Yes, you really should

480
00:23:08,080 --> 00:23:10,320
Speaker 3: wash your new clothes before wearing them. And here's why.

481
00:23:11,640 --> 00:23:14,000
Speaker 9: Look, I did read it and I actually thought of you,

482
00:23:14,520 --> 00:23:14,800
Speaker 9: did you?

483
00:23:14,920 --> 00:23:16,840
Speaker 3: I thought of you too, But unlike you, I came

484
00:23:16,840 --> 00:23:19,680
Speaker 3: prepared and printed it off. And apparently you'll you're right

485
00:23:19,720 --> 00:23:21,280
Speaker 3: to do it because it's got from whale to hide

486
00:23:21,320 --> 00:23:22,800
Speaker 3: in it, which is the thing they used to prevent

487
00:23:22,840 --> 00:23:23,720
Speaker 3: the wrinkles.

488
00:23:24,400 --> 00:23:28,480
Speaker 9: Well, that's right, and I'm just extemporizing here, but you

489
00:23:28,480 --> 00:23:31,560
Speaker 9: can imagine that peraps underpants, you don't like wrinkles in them.

490
00:23:31,600 --> 00:23:35,520
Speaker 9: But look, any new clothing, I don't know what it is.

491
00:23:35,560 --> 00:23:37,840
Speaker 9: I've just always washed it a new shit, you pair

492
00:23:37,840 --> 00:23:40,240
Speaker 9: of bundanes, a pair of jeans, socks. It all goes

493
00:23:40,240 --> 00:23:42,119
Speaker 9: in the washing machine. You give it a good belting,

494
00:23:42,119 --> 00:23:43,520
Speaker 9: and then I hang it out and it's good to go.

495
00:23:44,080 --> 00:23:46,200
Speaker 3: You know, wise from you as funny you.

496
00:23:46,119 --> 00:23:47,520
Speaker 9: Look at that article, isn't it?

497
00:23:47,880 --> 00:23:49,840
Speaker 3: I think of you often, mus you look after yourself.

498
00:23:49,880 --> 00:23:55,000
Speaker 3: Marry Old's Australia correspondent seventeen away from five. So I'll

499
00:23:55,000 --> 00:23:57,120
Speaker 3: tell you about it because now you're wondering what should

500
00:23:57,119 --> 00:23:59,320
Speaker 3: I do it? You should. Many clothes are treated with

501
00:23:59,440 --> 00:24:03,680
Speaker 3: various sub distances like fungicides, fungus fungicide or fungicide I

502
00:24:03,760 --> 00:24:08,280
Speaker 3: go fungicide mother complicating that, chemical finishing agents and fragrances

503
00:24:08,280 --> 00:24:11,760
Speaker 3: that reduce wrinkling, extend shellf life, resists stains and mildew,

504
00:24:11,800 --> 00:24:14,359
Speaker 3: and keep garments smelling nice. But not all of these

505
00:24:14,400 --> 00:24:18,320
Speaker 3: substances will cause reactions. But dyes are the common culprit,

506
00:24:18,480 --> 00:24:22,000
Speaker 3: especially azo dyes, which are often often used on synthetic

507
00:24:22,040 --> 00:24:26,760
Speaker 3: materials like polyester for maldehydeers used to prevent wrinkles. Pesticide

508
00:24:26,800 --> 00:24:29,320
Speaker 3: residues are commonly found on clothes made from cotton, and

509
00:24:29,359 --> 00:24:32,720
Speaker 3: fragrances can cause itchy red ration areas of close contacts,

510
00:24:32,760 --> 00:24:35,359
Speaker 3: so you know in there where you've got yendies on.

511
00:24:36,680 --> 00:24:40,280
Speaker 3: And apparently in Spain they a bunch of researchers looked

512
00:24:40,280 --> 00:24:42,320
Speaker 3: at one hundred and twenty pieces of baby toddler and

513
00:24:42,320 --> 00:24:45,320
Speaker 3: maternity clothing. Twenty percent of them had for maldehyde on them,

514
00:24:45,520 --> 00:24:48,119
Speaker 3: So they go wash your clothes before we put them on.

515
00:24:48,440 --> 00:24:50,760
Speaker 3: Here the what is the fuel situation in the States,

516
00:24:50,760 --> 00:24:52,800
Speaker 3: It's only pressure on Trump that's going to end this war.

517
00:24:53,119 --> 00:24:56,720
Speaker 3: That is an excellent question. I heard somebody talking about this,

518
00:24:56,800 --> 00:24:58,920
Speaker 3: like somebody, not just like a random person in the street.

519
00:24:58,960 --> 00:25:01,639
Speaker 3: I heard somebody on a podcast, knowledgeable person talking about this,

520
00:25:01,680 --> 00:25:04,399
Speaker 3: and they said, what is going on is that States

521
00:25:04,440 --> 00:25:07,760
Speaker 3: is now actually quite energy independent. So there is a

522
00:25:07,840 --> 00:25:11,439
Speaker 3: divergence between what is going on with the general crude

523
00:25:11,440 --> 00:25:14,320
Speaker 3: price and then what's going on in the West Texas price.

524
00:25:14,400 --> 00:25:16,920
Speaker 3: And that is the problem right there, is that actually

525
00:25:17,000 --> 00:25:19,320
Speaker 3: they are going and especially when the shale comes on shortly,

526
00:25:19,680 --> 00:25:22,479
Speaker 3: they're not going to feel it in the States as

527
00:25:22,520 --> 00:25:25,000
Speaker 3: much as around the world. So the pressure, the cost

528
00:25:25,040 --> 00:25:28,080
Speaker 3: of living pressure that might otherwise have caused Trump to

529
00:25:28,200 --> 00:25:30,320
Speaker 3: call this off is not going to be felt in

530
00:25:30,359 --> 00:25:33,160
Speaker 3: the States. We outside of the States the ones bearing

531
00:25:33,520 --> 00:25:35,960
Speaker 3: the brunt of this barri soapas with US next quarter.

532
00:25:35,840 --> 00:25:39,159
Speaker 2: Two, the politics with centric credit, check your customers and

533
00:25:39,160 --> 00:25:40,240
Speaker 2: get payments certainty.

534
00:25:40,920 --> 00:25:43,480
Speaker 3: It looks like we've got Nikola Willis at quarter past five,

535
00:25:43,880 --> 00:25:45,920
Speaker 3: right now, thirteen away from five and Barries Soper, Senior

536
00:25:45,960 --> 00:25:49,000
Speaker 3: Political correspondence with US. Hey, Barry, good afternoon, Heather. What

537
00:25:49,080 --> 00:25:52,240
Speaker 3: did you make of Nicola and Luxen's fuel update today?

538
00:25:52,400 --> 00:25:54,840
Speaker 17: Well, it was a little more subdued, wasn't it. But

539
00:25:55,680 --> 00:25:59,000
Speaker 17: we're essentially still being told, don't panic. We're hunky dory

540
00:25:59,000 --> 00:26:02,000
Speaker 17: at the moment when it comes to petrol. But that's

541
00:26:02,080 --> 00:26:07,720
Speaker 17: come from the gas Gospel or the Benzene Bible being

542
00:26:07,760 --> 00:26:10,399
Speaker 17: preached today. You could say, Heather, and you won't like

543
00:26:10,440 --> 00:26:13,600
Speaker 17: this from the Stairway to Heaven and the Beehive. Yes,

544
00:26:13,720 --> 00:26:16,960
Speaker 17: they did the update on the beehives four year stairs,

545
00:26:17,880 --> 00:26:22,480
Speaker 17: avoiding the COVID pulpit of truth just down the corridor.

546
00:26:22,560 --> 00:26:26,200
Speaker 17: Maybe it's too close to home to be regularly preaching

547
00:26:26,200 --> 00:26:28,720
Speaker 17: about the flow of black gold, which they intend to

548
00:26:28,760 --> 00:26:32,040
Speaker 17: do twice a week, we're told. But where could the

549
00:26:32,040 --> 00:26:36,159
Speaker 17: black gold be coming from? Well, Russian crew, there's plenty

550
00:26:36,200 --> 00:26:39,439
Speaker 17: of it. Eighty five percent of it's sold to China

551
00:26:39,600 --> 00:26:43,960
Speaker 17: and India. Turkey is also a major importer of Russian oil.

552
00:26:44,760 --> 00:26:49,000
Speaker 17: The US is temporarily you'll be aware, Heather waved, American

553
00:26:49,119 --> 00:26:54,560
Speaker 17: restrictions allowing permitted countries to buy and receive cargoes already

554
00:26:54,600 --> 00:26:58,000
Speaker 17: at sea. That is up until April the eleventh, but

555
00:26:58,359 --> 00:27:01,280
Speaker 17: who knows how long that'll go for. So New Zealand

556
00:27:01,520 --> 00:27:05,680
Speaker 17: has sanctions on the product. But what if the refineries

557
00:27:05,720 --> 00:27:09,400
Speaker 17: we buy from and Singapore and South Korea start drying

558
00:27:09,480 --> 00:27:12,200
Speaker 17: up and they turn to Russia. Well, that's an issue

559
00:27:12,240 --> 00:27:15,520
Speaker 17: which has been thought about by the Prime Minister. Chris

560
00:27:15,560 --> 00:27:18,439
Speaker 17: Lackson says, it's not a problem now, but could be

561
00:27:18,600 --> 00:27:20,880
Speaker 17: something I'll have to consider further down.

562
00:27:20,840 --> 00:27:23,440
Speaker 18: The track out of our Singaporean and South Korean refineries.

563
00:27:23,480 --> 00:27:26,159
Speaker 18: When we've had conversations with them, they don't have an

564
00:27:26,200 --> 00:27:28,320
Speaker 18: issue with respect to the supply coming in at this

565
00:27:28,359 --> 00:27:28,920
Speaker 18: point in time.

566
00:27:29,240 --> 00:27:29,960
Speaker 1: What Nicola and I.

567
00:27:30,000 --> 00:27:32,439
Speaker 18: Are foreshadowing as they could in the future, and that

568
00:27:32,560 --> 00:27:34,080
Speaker 18: is something that we need to be starting to think

569
00:27:34,080 --> 00:27:36,480
Speaker 18: about ahead of time. But just for now, I just

570
00:27:36,480 --> 00:27:39,120
Speaker 18: don't want to get into a hypothetical about that because

571
00:27:39,160 --> 00:27:41,440
Speaker 18: there's a lot of other sources of where our crew

572
00:27:41,480 --> 00:27:43,680
Speaker 18: could come from for those refineries, and ultimately that'll.

573
00:27:43,480 --> 00:27:44,240
Speaker 1: Be their decisions.

574
00:27:44,840 --> 00:27:46,719
Speaker 18: We'll cross that bridge when we get there. All I'm

575
00:27:46,760 --> 00:27:49,320
Speaker 18: highlighting to you is relative to other countries. We should

576
00:27:49,320 --> 00:27:51,800
Speaker 18: be pretty confident in our current position that we feel

577
00:27:51,840 --> 00:27:54,840
Speaker 18: very comfortable with where we are on Russian sanctions. But

578
00:27:55,000 --> 00:27:57,560
Speaker 18: again we have to think about a world where maybe

579
00:27:57,600 --> 00:28:00,000
Speaker 18: Singapore and South Korea may not be able to get

580
00:27:59,840 --> 00:28:01,520
Speaker 18: access to their crewed and then there will be a

581
00:28:01,520 --> 00:28:03,120
Speaker 18: difference set of conversations at that time.

582
00:28:03,560 --> 00:28:06,800
Speaker 17: So that's pretty extraordinary, isn't it when you think about it.

583
00:28:06,800 --> 00:28:09,720
Speaker 17: Heither that the Supreme Irony and all of this is

584
00:28:09,800 --> 00:28:14,440
Speaker 17: Putin's war chest could be enriched to continue as bombardment

585
00:28:14,960 --> 00:28:17,880
Speaker 17: of the Ukraine and a lot of people have forgotten

586
00:28:17,920 --> 00:28:22,959
Speaker 17: that war, and of course Trump will see it at

587
00:28:23,000 --> 00:28:25,000
Speaker 17: the time. That would be solved in a couple of days.

588
00:28:25,840 --> 00:28:27,480
Speaker 3: Now, did you want to talk about Donald Trump?

589
00:28:27,480 --> 00:28:27,720
Speaker 6: Did you?

590
00:28:30,920 --> 00:28:31,080
Speaker 7: Oh?

591
00:28:31,119 --> 00:28:33,840
Speaker 17: You're like I knew I did this for you. Heaven

592
00:28:34,440 --> 00:28:38,640
Speaker 17: that listening as I often do to a great British

593
00:28:38,680 --> 00:28:42,440
Speaker 17: podcast called news Agents, I was listening to it today

594
00:28:42,880 --> 00:28:45,880
Speaker 17: whilst I was out pushing the baby. They posed the

595
00:28:45,960 --> 00:28:49,440
Speaker 17: question has Trump lost it? Certainly his re election by

596
00:28:49,480 --> 00:28:53,000
Speaker 17: the American electorate last year has seen this country losing

597
00:28:53,000 --> 00:28:56,479
Speaker 17: it money. That is with the first with tariffs and

598
00:28:56,520 --> 00:29:01,800
Speaker 17: then the American Israel war with run and that's impacted

599
00:29:01,840 --> 00:29:04,520
Speaker 17: our economy, as we've been talking about with petrol prices.

600
00:29:05,360 --> 00:29:09,880
Speaker 17: They played this segment by CNN from Trump's press conference.

601
00:29:09,920 --> 00:29:12,160
Speaker 17: You may remember it just a couple of days ago

602
00:29:12,480 --> 00:29:15,760
Speaker 17: at the Trump Kennedy Center with the board of that

603
00:29:15,920 --> 00:29:21,200
Speaker 17: center sitting alongside Trump. The edited piece leaves you wondering

604
00:29:21,760 --> 00:29:25,560
Speaker 17: just who is deranged. The statements he made were within minutes,

605
00:29:25,640 --> 00:29:28,640
Speaker 17: if not less than that of each other. Here's his

606
00:29:28,800 --> 00:29:29,680
Speaker 17: thought process.

607
00:29:29,880 --> 00:29:32,800
Speaker 4: If we ever needed help, they won't be there for us.

608
00:29:32,880 --> 00:29:35,040
Speaker 4: I've just known that for a long period of times.

609
00:29:35,200 --> 00:29:38,520
Speaker 4: We have some that are really enthusiastic. They're coming already.

610
00:29:38,680 --> 00:29:41,920
Speaker 4: This is in need need would be one of the

611
00:29:41,960 --> 00:29:45,239
Speaker 4: big boys. If we need their mind boats, or if

612
00:29:45,280 --> 00:29:49,800
Speaker 4: we need anything, any piece of apparatus that they may

613
00:29:49,880 --> 00:29:53,520
Speaker 4: have because of a situation that they have, they should

614
00:29:53,600 --> 00:29:55,200
Speaker 4: be jumping to help us.

615
00:29:55,480 --> 00:29:57,040
Speaker 8: We want them to come and help.

616
00:29:56,880 --> 00:30:01,760
Speaker 4: Us with the strait. My attitude is, we don't need anybody.

617
00:30:02,000 --> 00:30:04,480
Speaker 4: We're the strongest nation in the world. We have the

618
00:30:04,520 --> 00:30:06,400
Speaker 4: strongest military by far in the world.

619
00:30:06,400 --> 00:30:07,480
Speaker 8: We don't need them.

620
00:30:09,560 --> 00:30:13,720
Speaker 17: So what did you think that he that, Yeah, look,

621
00:30:14,480 --> 00:30:17,000
Speaker 17: don't you don't you have to ask the question, who

622
00:30:17,080 --> 00:30:17,920
Speaker 17: is deranged?

623
00:30:18,520 --> 00:30:18,920
Speaker 1: In fact?

624
00:30:18,920 --> 00:30:24,160
Speaker 17: Has Trump's been played by Nit's finish has been played

625
00:30:24,160 --> 00:30:27,239
Speaker 17: by Putin? And now he's on his own, playing by

626
00:30:27,320 --> 00:30:31,840
Speaker 17: himself while the world waits for the next toy to

627
00:30:31,880 --> 00:30:33,040
Speaker 17: be thrown out of his play.

628
00:30:33,040 --> 00:30:33,280
Speaker 19: People.

629
00:30:33,320 --> 00:30:36,040
Speaker 3: Why I don't get as angry at Trump as I'm

630
00:30:36,120 --> 00:30:39,240
Speaker 3: just it is frustrated, is that I am used to

631
00:30:39,280 --> 00:30:43,000
Speaker 3: dealing with a four year old who says all the

632
00:30:43,040 --> 00:30:45,480
Speaker 3: things when they actually just mean the one thing. So

633
00:30:45,560 --> 00:30:48,320
Speaker 3: I think I've got really good at deciphering what what

634
00:30:48,560 --> 00:30:50,320
Speaker 3: Donald Trump is saying in his tantrums.

635
00:30:50,760 --> 00:30:55,560
Speaker 17: So a lot of people don't remember NATO, that's what

636
00:30:55,600 --> 00:30:57,200
Speaker 17: he's got with nippies.

637
00:30:57,480 --> 00:30:58,640
Speaker 8: It seems I have.

638
00:30:58,600 --> 00:31:01,120
Speaker 3: No idea what you're saying right now. No, we'll just

639
00:31:01,160 --> 00:31:03,360
Speaker 3: leave it at that. Barry sound weird, Barry? So seeing

640
00:31:03,360 --> 00:31:07,640
Speaker 3: your political correspondent out, he goes seven away from five hither?

641
00:31:07,720 --> 00:31:10,280
Speaker 3: Why are you so rude to Barry? It's disrespectful because

642
00:31:10,280 --> 00:31:12,760
Speaker 3: he's he's being weird. Did you understand that Mars is

643
00:31:12,760 --> 00:31:16,200
Speaker 3: wondering if he's drunk already? No one knows what he meant. Anyway,

644
00:31:17,080 --> 00:31:20,520
Speaker 3: I'm sorry to tell you this, but what happened last Thursday.

645
00:31:21,280 --> 00:31:24,520
Speaker 3: Last Thursday, some gas stations ran out because it was

646
00:31:25,000 --> 00:31:28,479
Speaker 3: discount Thursday. What's today Thursday? Guess what. Some gas stations

647
00:31:28,480 --> 00:31:31,280
Speaker 3: have run out because it's discount Thursday. Again, because what's

648
00:31:31,280 --> 00:31:33,920
Speaker 3: going on? And look, I again, I would really resist

649
00:31:33,920 --> 00:31:36,800
Speaker 3: the temptation to shout at people and call them stupid.

650
00:31:37,000 --> 00:31:39,760
Speaker 3: It's a completely rational thing to do when prices are

651
00:31:39,800 --> 00:31:41,240
Speaker 3: going up at the rate that they are, to stock

652
00:31:41,320 --> 00:31:43,160
Speaker 3: up on days when there's discount. I mean, you know,

653
00:31:43,440 --> 00:31:45,280
Speaker 3: as long as it tits with your insurance, blah blah blah.

654
00:31:45,320 --> 00:31:46,920
Speaker 3: But anyway, that's what people are doing, and it's going

655
00:31:46,960 --> 00:31:49,640
Speaker 3: to freak other people out. So we'll discuss this from

656
00:31:49,680 --> 00:31:52,080
Speaker 3: Nichola Willis when we get her, hopefully called a past five.

657
00:31:52,120 --> 00:31:54,760
Speaker 3: We're now told there is no guarantee because of the

658
00:31:54,760 --> 00:31:57,360
Speaker 3: phone call with charmers, but stand by. We'll see what

659
00:31:57,400 --> 00:31:59,000
Speaker 3: we can do for you. The other thing that we

660
00:31:59,080 --> 00:32:02,320
Speaker 3: need to discuss is drugs trends, so that we've got

661
00:32:02,320 --> 00:32:03,959
Speaker 3: you know how we get these. We get these surveys

662
00:32:03,960 --> 00:32:06,440
Speaker 3: from time to time. We've got another one. It shows

663
00:32:06,440 --> 00:32:09,200
Speaker 3: that party drugs are becoming cheaper, easier to get and

664
00:32:09,680 --> 00:32:12,360
Speaker 3: kids are loving the ketamine. This is becoming their favorite

665
00:32:12,400 --> 00:32:15,720
Speaker 3: because apparently ketamine acts a little bit like booze, and

666
00:32:15,840 --> 00:32:18,040
Speaker 3: it's much cheaper to take a bag of ketamine to

667
00:32:18,080 --> 00:32:20,920
Speaker 3: the club and share that with your friends rather than

668
00:32:21,080 --> 00:32:24,080
Speaker 3: pay for like eight or twelve beers at twenty dollars

669
00:32:24,120 --> 00:32:27,160
Speaker 3: a pop. Also, cocaine is going up, and we're not

670
00:32:27,160 --> 00:32:29,840
Speaker 3: sure how to stop the kids coke taking to cocaine.

671
00:32:30,080 --> 00:32:32,520
Speaker 3: One suggestion that's been floated is to tell the kids

672
00:32:32,520 --> 00:32:35,400
Speaker 3: what cocaine does to the rainforests, because they're all freaking

673
00:32:35,440 --> 00:32:37,200
Speaker 3: out about dying from the climate change, but if they

674
00:32:37,240 --> 00:32:39,080
Speaker 3: keep snorting the white powder, they are going to die

675
00:32:39,120 --> 00:32:41,280
Speaker 3: from the climate change. Anyway. We will talk to know

676
00:32:41,320 --> 00:32:43,440
Speaker 3: your stuff who know all the stuff about drugs. Shortly

677
00:32:43,880 --> 00:32:48,040
Speaker 3: and Michael Riddell, economist on the GDP number which came

678
00:32:48,080 --> 00:32:49,560
Speaker 3: out today. News Talk ZV.

679
00:33:01,560 --> 00:33:04,760
Speaker 2: The only drive show you can try to ask the question,

680
00:33:05,120 --> 00:33:09,560
Speaker 2: you get the answers, find it and give the analysis.

681
00:33:09,840 --> 00:33:11,240
Speaker 1: Here the duplicy Eland.

682
00:33:11,000 --> 00:33:14,520
Speaker 2: Drive with One New Zealand and the Power of satellite

683
00:33:14,520 --> 00:33:16,000
Speaker 2: mobile News Dogs be.

684
00:33:17,920 --> 00:33:20,560
Speaker 3: Afternoon. The GDP number for the last quarter of last

685
00:33:20,640 --> 00:33:23,000
Speaker 3: year is out and it's a little on the disappointing side.

686
00:33:23,040 --> 00:33:25,760
Speaker 3: The economy grew at zero point two percent, which is

687
00:33:25,760 --> 00:33:28,000
Speaker 3: the low end of what was expected. The Reserve Bank

688
00:33:28,120 --> 00:33:31,120
Speaker 3: had packed zero point five percent. To analyze us, we

689
00:33:31,160 --> 00:33:33,719
Speaker 3: have former Reserve Bank senior economist Michael Radowe with us.

690
00:33:33,720 --> 00:33:37,560
Speaker 3: Welcome back, Michael's to be here, Heather. Now it's not great,

691
00:33:37,800 --> 00:33:39,920
Speaker 3: I suppose, But on the bright side, we finally have

692
00:33:40,040 --> 00:33:42,320
Speaker 3: some annual growth. Is that worth considering?

693
00:33:45,880 --> 00:33:46,080
Speaker 8: Yes?

694
00:33:46,200 --> 00:33:49,960
Speaker 19: No, I mean it's better than being a negative number,

695
00:33:50,800 --> 00:33:56,000
Speaker 19: but it's clearly a pretty sluggish recovery, or was after December.

696
00:33:56,240 --> 00:33:58,520
Speaker 19: And the key thing though to remember is there some

697
00:33:58,680 --> 00:34:01,840
Speaker 19: statistical problems. SZ have had some problems with their measurement

698
00:34:02,720 --> 00:34:05,040
Speaker 19: and you get quite big revisions on these numbers. So

699
00:34:05,080 --> 00:34:06,960
Speaker 19: it could end up being, you know, anything for about

700
00:34:07,000 --> 00:34:09,640
Speaker 19: plus point five to maybe minus point one when all

701
00:34:09,680 --> 00:34:11,640
Speaker 19: the dust settled on the statistical revisions.

702
00:34:12,160 --> 00:34:13,840
Speaker 3: Yeah, okay, that's a fair point. I mean, because the

703
00:34:14,080 --> 00:34:16,200
Speaker 3: Q three number, which was quite quite good at one

704
00:34:16,200 --> 00:34:18,400
Speaker 3: point one, has been revised right back to zero point nine.

705
00:34:18,600 --> 00:34:19,839
Speaker 3: Have we got a problem with stats here?

706
00:34:21,320 --> 00:34:23,640
Speaker 19: It does appear, so, I mean west PAC's got an

707
00:34:23,640 --> 00:34:25,640
Speaker 19: economist who's done some really good work sort of trying

708
00:34:25,680 --> 00:34:27,839
Speaker 19: to unpick it. And they do seem to be some

709
00:34:27,880 --> 00:34:30,759
Speaker 19: sort of issues that may result from the messing up

710
00:34:30,760 --> 00:34:33,040
Speaker 19: of the patterns of the economy during the COVID period.

711
00:34:33,320 --> 00:34:35,640
Speaker 19: They're really technical issues, but they do mean that you

712
00:34:35,680 --> 00:34:38,480
Speaker 19: have a little bit less confidence in some of what's

713
00:34:38,520 --> 00:34:41,799
Speaker 19: going on and what some of what's getting reported right

714
00:34:41,800 --> 00:34:46,200
Speaker 19: at the moment. So, look, it's water under the bridge

715
00:34:46,200 --> 00:34:48,880
Speaker 19: at this point. But it does look like in the

716
00:34:48,920 --> 00:34:50,960
Speaker 19: second half of last year we had a pretty news

717
00:34:51,160 --> 00:34:53,520
Speaker 19: but real recovery, and that's what you expect with interest

718
00:34:53,560 --> 00:34:55,680
Speaker 19: rates falling. Commodity price is pretty good.

719
00:34:56,040 --> 00:34:58,400
Speaker 3: Okay, So yes, we have a recovery, which is fantastic,

720
00:34:58,400 --> 00:35:00,000
Speaker 3: and we have some manual growth for the first time

721
00:35:00,000 --> 00:35:01,799
Speaker 3: in two years, which is fantastic. But this is not

722
00:35:01,880 --> 00:35:04,560
Speaker 3: a great point for us to start off at when

723
00:35:04,600 --> 00:35:07,000
Speaker 3: we have the Iran war. Right, so you've got zero

724
00:35:07,000 --> 00:35:08,920
Speaker 3: point two, then you've got the Iran War. What should

725
00:35:08,960 --> 00:35:10,800
Speaker 3: we expect from here on in for the economy?

726
00:35:12,000 --> 00:35:14,760
Speaker 19: Well, for Q one, hard to tell, Probably something reasonably

727
00:35:14,800 --> 00:35:18,080
Speaker 19: sort of low but positive. The real risk is what

728
00:35:18,120 --> 00:35:22,440
Speaker 19: happens next quarter as the full effects of high and

729
00:35:22,560 --> 00:35:25,760
Speaker 19: rising oil prices and perhaps shortages of physical supply cut

730
00:35:25,760 --> 00:35:28,319
Speaker 19: and it wouldn't surprise me at all if Q two

731
00:35:28,960 --> 00:35:32,920
Speaker 19: ended up being negative, and perhaps quite severely negative, if

732
00:35:32,960 --> 00:35:35,479
Speaker 19: we actually find ourselves unable to source all the oil

733
00:35:36,160 --> 00:35:39,520
Speaker 19: that we want, even at the really high world prices. Business,

734
00:35:39,560 --> 00:35:42,400
Speaker 19: for example, is totally dependent on diesel in so many areas.

735
00:35:42,560 --> 00:35:45,520
Speaker 19: If you can't do it, it's going to really hamstrong activity,

736
00:35:46,320 --> 00:35:48,840
Speaker 19: even households. You know what you have to spend on

737
00:35:48,840 --> 00:35:51,280
Speaker 19: petrol to get to work. You can't spend on other things,

738
00:35:51,320 --> 00:35:54,080
Speaker 19: so the real volume of stuff that gets purchased will

739
00:35:54,080 --> 00:35:54,760
Speaker 19: fall as well.

740
00:35:55,760 --> 00:35:58,520
Speaker 3: Do you think that number that's been quoted by Treasury

741
00:35:58,680 --> 00:36:01,160
Speaker 3: of the worst case scenario for the inflation from the

742
00:36:01,160 --> 00:36:03,719
Speaker 3: Iran wall being three point seven percent is realistic?

743
00:36:04,920 --> 00:36:05,080
Speaker 20: No.

744
00:36:05,640 --> 00:36:07,279
Speaker 19: In the fedness to Treasury, I think the number was

745
00:36:07,280 --> 00:36:09,120
Speaker 19: probably done, you know, a week or ten days ago.

746
00:36:09,239 --> 00:36:10,880
Speaker 19: I suspect if they were doing it now, they come

747
00:36:10,960 --> 00:36:13,480
Speaker 19: up with a materially higher number. I think. You know,

748
00:36:13,520 --> 00:36:15,640
Speaker 19: one economist I saw the other day said that's probably

749
00:36:15,640 --> 00:36:17,960
Speaker 19: more like a base case at the moment. But it

750
00:36:17,960 --> 00:36:20,280
Speaker 19: wouldn't surprise me at all if we saw heline inflation

751
00:36:20,360 --> 00:36:23,320
Speaker 19: over five percent at some point this year. That's actually

752
00:36:23,360 --> 00:36:25,040
Speaker 19: what we saw back in two thousand and eight when

753
00:36:25,160 --> 00:36:29,400
Speaker 19: oil prices last rose to their really record highs. It

754
00:36:29,400 --> 00:36:32,560
Speaker 19: won't endure, but it will be very painful and it's

755
00:36:32,600 --> 00:36:35,120
Speaker 19: part of the adjustment process. We need to crunch demand

756
00:36:35,160 --> 00:36:38,120
Speaker 19: for oil and petrol because the global supply has fallen

757
00:36:38,200 --> 00:36:38,800
Speaker 19: quite sharply.

758
00:36:39,360 --> 00:36:41,280
Speaker 3: Michael's good to talk to you. Thank you. Michael Riddell,

759
00:36:41,280 --> 00:36:43,560
Speaker 3: who's the former Reserve Bank senior economists ten.

760
00:36:43,480 --> 00:36:46,400
Speaker 1: Past five ever do for cllen party.

761
00:36:46,480 --> 00:36:49,239
Speaker 3: Drugs are becoming cheaper, easier to get and there's a

762
00:36:49,280 --> 00:36:52,120
Speaker 3: new favorite emerging among students, which is ketamine. Now this

763
00:36:52,160 --> 00:36:55,520
Speaker 3: is according to the latest drugs Drug Trends survey. Casey

764
00:36:55,560 --> 00:36:58,280
Speaker 3: Speirin is the general manager of the drug testing outfit

765
00:36:58,440 --> 00:37:01,160
Speaker 3: known as Know Your Stuff and with us high Casey.

766
00:37:01,600 --> 00:37:03,360
Speaker 21: Jodaheather, thanks for having us on the program.

767
00:37:03,480 --> 00:37:05,160
Speaker 3: Yeah, no worries about now why is it that kids

768
00:37:05,239 --> 00:37:05,960
Speaker 3: like the casamine?

769
00:37:07,400 --> 00:37:09,359
Speaker 21: All right? Oh, I just should say the start that

770
00:37:09,440 --> 00:37:11,520
Speaker 21: I certainly Know your Stuff. We're not the expert on

771
00:37:11,600 --> 00:37:14,319
Speaker 21: the drug market overall, but you know, we do work

772
00:37:14,360 --> 00:37:17,080
Speaker 21: with about eight thousand clients every year checking their drugs,

773
00:37:17,120 --> 00:37:20,840
Speaker 21: so we you know, see a lot of the frontline stuff. Also,

774
00:37:20,880 --> 00:37:23,440
Speaker 21: it's not really kids doing academy. It's certainly not children.

775
00:37:23,520 --> 00:37:23,719
Speaker 19: I know.

776
00:37:23,880 --> 00:37:26,800
Speaker 21: In the recent report they said the median age was

777
00:37:26,840 --> 00:37:29,640
Speaker 21: about twenty seven, So you know it's youth, it's students,

778
00:37:29,680 --> 00:37:33,839
Speaker 21: but it's also plenty of people a bit older than that.

779
00:37:34,280 --> 00:37:36,200
Speaker 3: Okay. So the question that I asked, why do I

780
00:37:36,400 --> 00:37:36,680
Speaker 3: like it?

781
00:37:37,520 --> 00:37:39,480
Speaker 21: Yeah, that's a great question. I really wish that we

782
00:37:39,520 --> 00:37:41,279
Speaker 21: had a solid answer for that. You know, we have

783
00:37:41,480 --> 00:37:44,560
Speaker 21: seen increased in keademen youth in New Zealand since around

784
00:37:44,560 --> 00:37:48,680
Speaker 21: twenty eighteen. If I could speculate on why it is increasing,

785
00:37:50,320 --> 00:37:53,120
Speaker 21: you know, it's a short duration, there's a little come down,

786
00:37:53,160 --> 00:37:55,919
Speaker 21: and it's actually a very low risk drug with moderate youse.

787
00:37:57,400 --> 00:38:00,480
Speaker 21: You know, we hear anecdotally of students not drinking as much,

788
00:38:00,520 --> 00:38:02,799
Speaker 21: people not drinking as much, and kenmine is certainly a

789
00:38:02,800 --> 00:38:05,640
Speaker 21: way to have similar effects without you know, the price

790
00:38:05,760 --> 00:38:07,359
Speaker 21: and the hangovers the next day.

791
00:38:07,800 --> 00:38:09,080
Speaker 3: What does it cost?

792
00:38:10,120 --> 00:38:13,440
Speaker 21: I believe the report said that Kenmyne is going for

793
00:38:13,600 --> 00:38:15,080
Speaker 21: on average about two hundred dollars a gram.

794
00:38:15,160 --> 00:38:16,200
Speaker 19: Right now, how.

795
00:38:16,120 --> 00:38:18,040
Speaker 3: Much is a gram? If I held it in my hand,

796
00:38:18,040 --> 00:38:18,920
Speaker 3: how much is a gram?

797
00:38:19,680 --> 00:38:21,839
Speaker 21: It's a very small amount. Yeah, when you look at

798
00:38:21,840 --> 00:38:23,040
Speaker 21: that and you go, oh, my gosh, that was two

799
00:38:23,120 --> 00:38:26,520
Speaker 21: hundred dollars. Generally people will take about kind of forty

800
00:38:26,560 --> 00:38:29,120
Speaker 21: to fifteen milligram to the standard dose, so there's you know,

801
00:38:29,200 --> 00:38:31,040
Speaker 21: quite a few doses within one gram.

802
00:38:31,160 --> 00:38:34,680
Speaker 3: Oh yeah, okay. The MDMA price has halved in about

803
00:38:34,719 --> 00:38:35,840
Speaker 3: eight years. Why is that?

804
00:38:36,920 --> 00:38:38,799
Speaker 21: Yeah, again, I really wish we knew it. So it's

805
00:38:38,880 --> 00:38:41,200
Speaker 21: very hard to tell with illicted markets. But we do

806
00:38:41,280 --> 00:38:43,640
Speaker 21: know that there was a bit of a rebound supply

807
00:38:43,800 --> 00:38:46,960
Speaker 21: after the pandemic happened. There was lots of terrible things

808
00:38:47,000 --> 00:38:50,880
Speaker 21: being substituted for MDMA during that and yeah, you know,

809
00:38:51,120 --> 00:38:54,120
Speaker 21: as with all markets, the price reflects the supply. So

810
00:38:54,120 --> 00:38:56,520
Speaker 21: we're getting more in the country and there's a drop

811
00:38:56,520 --> 00:38:57,200
Speaker 21: in price.

812
00:38:57,280 --> 00:38:58,760
Speaker 3: And they're getting into social media.

813
00:38:58,560 --> 00:38:59,000
Speaker 8: And they.

814
00:39:00,360 --> 00:39:03,040
Speaker 21: Yes, the social media one. You know, again, this is

815
00:39:03,080 --> 00:39:06,400
Speaker 21: just we're just seeing what happens in markets naturally, which is,

816
00:39:06,440 --> 00:39:09,080
Speaker 21: you know, new ways of purchasing coming up, and you know,

817
00:39:09,080 --> 00:39:11,840
Speaker 21: we know that people are turning to dark net markets

818
00:39:11,840 --> 00:39:14,080
Speaker 21: as well as social media to buy the drugs.

819
00:39:14,239 --> 00:39:16,480
Speaker 3: Yeah, hey, thank you very much, Casey appreciated Casey Speir

820
00:39:16,560 --> 00:39:18,759
Speaker 3: and know your stuff. New Zealand general manager. Why I

821
00:39:18,800 --> 00:39:20,960
Speaker 3: was asking about the prices because tell me if I'm wrong,

822
00:39:20,960 --> 00:39:23,440
Speaker 3: because I don't really know any like Lord above, I've

823
00:39:23,440 --> 00:39:26,680
Speaker 3: got two children, and I'm boring, so I'm assuming. I'm

824
00:39:26,719 --> 00:39:29,000
Speaker 3: assuming that if she's saying that they're getting forty, like

825
00:39:29,640 --> 00:39:33,120
Speaker 3: a standard use is like forty to fifty milligrams, then

826
00:39:33,120 --> 00:39:36,080
Speaker 3: I'm assuming that two people can use the gram that

827
00:39:36,120 --> 00:39:38,240
Speaker 3: they pay for two hundred dollars, Like that's an evening

828
00:39:38,239 --> 00:39:39,759
Speaker 3: for two people, right, So it's one hundred dollars and

829
00:39:39,800 --> 00:39:42,040
Speaker 3: one hundred dollars, and I'm assuming that that's cheaper than

830
00:39:42,080 --> 00:39:44,360
Speaker 3: going out and buying heaps of beers. So I'm assuming

831
00:39:44,360 --> 00:39:48,120
Speaker 3: that that explains that, does it? Thirteen past five.

832
00:39:48,480 --> 00:39:49,880
Speaker 1: Heather Do for ce Ellen.

833
00:39:50,080 --> 00:39:54,320
Speaker 3: So Queenstown's banning the food stools. So they're banning the

834
00:39:54,320 --> 00:39:56,760
Speaker 3: food stores from the Queenstown lake Front. They've had apparently

835
00:39:56,800 --> 00:39:59,719
Speaker 3: they've had complaints for a week while now. There have

836
00:39:59,760 --> 00:40:02,680
Speaker 3: been public health concerns. There are being complains about litter,

837
00:40:02,840 --> 00:40:07,480
Speaker 3: complaints about clutter, complaints about the traders blocking the foot paths.

838
00:40:07,520 --> 00:40:10,720
Speaker 3: And they did a year long trial ban. They decided

839
00:40:10,760 --> 00:40:12,960
Speaker 3: to ban it for a year last April, and it

840
00:40:12,960 --> 00:40:15,400
Speaker 3: didn't really work. It was only partly successful because there

841
00:40:15,400 --> 00:40:18,120
Speaker 3: were persistent breaches and resistance from some stallholders who just

842
00:40:18,200 --> 00:40:19,920
Speaker 3: kept on sticking the stalls up. But anyway, it seems

843
00:40:19,920 --> 00:40:21,839
Speaker 3: to be that the people of Queenstonne, the good people

844
00:40:21,840 --> 00:40:24,080
Speaker 3: of Queenstown, don't like it, and so they've asked the

845
00:40:24,120 --> 00:40:26,040
Speaker 3: council to vote on it, and so the Queenstown Lakes

846
00:40:26,080 --> 00:40:29,160
Speaker 3: District Council has decided that's it no more. But you

847
00:40:29,200 --> 00:40:31,000
Speaker 3: know what, why I'm telling you this is because I

848
00:40:31,040 --> 00:40:34,240
Speaker 3: didn't mind. I don't live there. It's a completely different

849
00:40:34,239 --> 00:40:36,359
Speaker 3: experience if you live somewhere when you visit. But as

850
00:40:36,400 --> 00:40:38,960
Speaker 3: a visitor, I didn't mind the stores. I thought it

851
00:40:38,960 --> 00:40:40,759
Speaker 3: had it as a bit of made it feel busy

852
00:40:40,760 --> 00:40:45,480
Speaker 3: and fun, didn't it. Quarter past five one, New Zealand's

853
00:40:45,480 --> 00:40:47,439
Speaker 3: doing some really cool stuff, aren't they. In the satellite world,

854
00:40:47,480 --> 00:40:49,480
Speaker 3: we've talked about it. First we had the satellite text.

855
00:40:49,520 --> 00:40:52,520
Speaker 3: Now we've got the satellite calling via WhatsApp as well,

856
00:40:52,600 --> 00:40:54,719
Speaker 3: which means that you can talk business anywhere in the

857
00:40:54,719 --> 00:40:56,920
Speaker 3: country as long as you can see the sky and

858
00:40:57,000 --> 00:40:59,000
Speaker 3: have an eligible plan and a phone in your hand.

859
00:40:59,280 --> 00:41:01,760
Speaker 3: Now you can all also use apps like the Google

860
00:41:01,800 --> 00:41:04,120
Speaker 3: Maps and the WhatsApp via the satellite whenever we are

861
00:41:04,120 --> 00:41:06,880
Speaker 3: out of the traditional cell tower coverage. Because, as we know,

862
00:41:07,080 --> 00:41:10,839
Speaker 3: business doesn't just happen in the office. It happens everywhere nowadays,

863
00:41:11,080 --> 00:41:14,720
Speaker 3: and staying connected isn't just convenient, it's actually critical. Plus

864
00:41:14,840 --> 00:41:17,000
Speaker 3: when the unexpected hits and we just have to think

865
00:41:17,000 --> 00:41:19,920
Speaker 3: of the wild weather that we've had recently, Satellite coverage

866
00:41:19,920 --> 00:41:23,239
Speaker 3: means your team stays connected. Not only do you get

867
00:41:23,280 --> 00:41:25,680
Speaker 3: better coverage, but there's also an added layer of safety

868
00:41:25,680 --> 00:41:29,120
Speaker 3: for your people wherever their work takes them. Satellite powered

869
00:41:29,120 --> 00:41:31,960
Speaker 3: mobile coverage is only available with One New Zealand. To

870
00:41:32,040 --> 00:41:34,000
Speaker 3: learn more about how it can help your team stay

871
00:41:34,000 --> 00:41:36,919
Speaker 3: safer and more productive, even in the most remote parts

872
00:41:36,960 --> 00:41:39,640
Speaker 3: of the country, visit one dot m Z forward slash

873
00:41:39,719 --> 00:41:43,120
Speaker 3: Satellite Heather do for see Allen eighteen past five. Now,

874
00:41:43,120 --> 00:41:45,200
Speaker 3: the government says we are now preparing for a worst

875
00:41:45,239 --> 00:41:47,319
Speaker 3: case scenario when it comes to fuel. They're going to

876
00:41:47,320 --> 00:41:50,360
Speaker 3: be doing twice weekly updates starting Monday, and the Finance

877
00:41:50,400 --> 00:41:53,640
Speaker 3: Minister Nikola Willis is with us now high Nicola, Heather,

878
00:41:54,120 --> 00:41:56,560
Speaker 3: has something changed for you to change your tone and

879
00:41:56,600 --> 00:41:57,520
Speaker 3: your messaging today.

880
00:41:58,600 --> 00:42:01,520
Speaker 12: Well, it remains the case that we have enough fuel

881
00:42:01,560 --> 00:42:04,160
Speaker 12: for at least seven weeks. That's good. There is no

882
00:42:04,239 --> 00:42:06,160
Speaker 12: need to panic, but it is a time to be

883
00:42:06,280 --> 00:42:09,759
Speaker 12: prepared because we will hope for the best but plan

884
00:42:09,840 --> 00:42:12,840
Speaker 12: for the worst. And there is a scenario in which,

885
00:42:13,200 --> 00:42:16,160
Speaker 12: because there is such global disruption to fuel supply, that

886
00:42:16,239 --> 00:42:20,680
Speaker 12: fuel importers into New Zealand could in the future struggle

887
00:42:20,719 --> 00:42:23,239
Speaker 12: to import the amount of fuel that they previously have,

888
00:42:23,480 --> 00:42:26,640
Speaker 12: and we think it's prudent to be acting now to

889
00:42:26,680 --> 00:42:28,520
Speaker 12: be ready in case that happens.

890
00:42:29,120 --> 00:42:31,400
Speaker 3: Okay, so if we have to start eating into our

891
00:42:31,440 --> 00:42:33,960
Speaker 3: fuel reserves, which is not the end of the world,

892
00:42:34,000 --> 00:42:35,920
Speaker 3: that's why they're there. But if we do, at what

893
00:42:36,040 --> 00:42:37,880
Speaker 3: point do we start worrying?

894
00:42:39,080 --> 00:42:43,279
Speaker 12: Well, you're right. We have those minimum stockholding obligations of

895
00:42:43,280 --> 00:42:45,040
Speaker 12: fuel that has to be in the country at any

896
00:42:45,080 --> 00:42:47,279
Speaker 12: one time, so that we've got a buffer that gives

897
00:42:47,360 --> 00:42:50,480
Speaker 12: us time to prepare if we know that there is

898
00:42:50,520 --> 00:42:53,440
Speaker 12: going to be a shortage. And what we have is

899
00:42:53,480 --> 00:42:56,560
Speaker 12: three strings of activity. One, we're working diplomatically to make

900
00:42:56,600 --> 00:42:58,239
Speaker 12: sure that the fuel that is in the world is

901
00:42:58,280 --> 00:43:02,440
Speaker 12: available to New Zealand. We're working very closely with fuel

902
00:43:02,560 --> 00:43:05,279
Speaker 12: industry to ensure that if there are any changes we

903
00:43:05,360 --> 00:43:08,480
Speaker 12: need to make to regulations around the specifications of fuel

904
00:43:08,560 --> 00:43:10,560
Speaker 12: or anything like that that would help them open up

905
00:43:10,560 --> 00:43:13,839
Speaker 12: options for where they buy it internationally. That we're ready

906
00:43:13,880 --> 00:43:15,799
Speaker 12: to move on that. And then the third piece is

907
00:43:16,440 --> 00:43:18,239
Speaker 12: if we got to a point where we knew we

908
00:43:18,280 --> 00:43:21,239
Speaker 12: had constrained supply coming into the country, what are the

909
00:43:21,280 --> 00:43:24,600
Speaker 12: domestic triggers for anything we would do here at home

910
00:43:24,800 --> 00:43:29,000
Speaker 12: to prioritize fuel to those who really really need it. Now,

911
00:43:29,280 --> 00:43:32,960
Speaker 12: we haven't agreed on a plan with industry on that yet.

912
00:43:33,000 --> 00:43:35,040
Speaker 12: We are working on that in real time, and I'll

913
00:43:35,040 --> 00:43:36,480
Speaker 12: have more to say about that next week.

914
00:43:36,680 --> 00:43:39,080
Speaker 3: Okay, you mentioned in your press conference today that there

915
00:43:39,120 --> 00:43:41,760
Speaker 3: has been rerouting of products. Which products.

916
00:43:43,520 --> 00:43:46,440
Speaker 12: This is our exporters, some of home. Of course, we're

917
00:43:46,480 --> 00:43:49,600
Speaker 12: taking dairy products and meat to the Middle East, and

918
00:43:49,840 --> 00:43:52,879
Speaker 12: some of them have no longer been able to take

919
00:43:52,880 --> 00:43:56,480
Speaker 12: that to port. So in some cases MPIs worked with

920
00:43:56,520 --> 00:43:58,920
Speaker 12: them to make sure they can get new export certificates

921
00:43:58,920 --> 00:44:01,719
Speaker 12: to take that to other markets around the world. In

922
00:44:01,800 --> 00:44:05,120
Speaker 12: some cases there are shipments that have come home and

923
00:44:05,160 --> 00:44:09,279
Speaker 12: they're now putting those products into cool storage while they

924
00:44:09,400 --> 00:44:11,200
Speaker 12: find new homes for that around the world.

925
00:44:11,840 --> 00:44:14,160
Speaker 3: Okay, beyond the seven weeks of fuel that we have

926
00:44:14,239 --> 00:44:16,640
Speaker 3: in the country. Have we got assurances from South Korea

927
00:44:16,680 --> 00:44:18,919
Speaker 3: and from Singapore that we will continue to receive oil.

928
00:44:20,520 --> 00:44:22,960
Speaker 12: In the case of South Korea and Singapore, we have

929
00:44:23,080 --> 00:44:26,440
Speaker 12: at this point got confirmation from them that they are

930
00:44:26,480 --> 00:44:29,480
Speaker 12: going to be continuing to supply fuel internationally out of

931
00:44:29,520 --> 00:44:34,399
Speaker 12: their refineries. However, South Korea have already said that they're

932
00:44:34,400 --> 00:44:37,480
Speaker 12: going to be limiting orders to twenty twenty five levels.

933
00:44:37,480 --> 00:44:40,400
Speaker 12: In New Zealand's case, that's okay, but we're just simply

934
00:44:40,440 --> 00:44:44,000
Speaker 12: anticipating that down the line that could change if they

935
00:44:44,080 --> 00:44:46,759
Speaker 12: had a limitation on how much they needed for their

936
00:44:46,760 --> 00:44:49,480
Speaker 12: own people in their own country. In Singapore's case, we

937
00:44:49,560 --> 00:44:53,160
Speaker 12: have a very close relationship with them, including an agreement

938
00:44:53,360 --> 00:44:57,640
Speaker 12: that we will prioritize them in areas of critical shortage,

939
00:44:57,680 --> 00:45:00,560
Speaker 12: particularly food, and they'll prioritize us and the areas of

940
00:45:00,560 --> 00:45:04,200
Speaker 12: critical shortage, particularly fuel. So diplomatically, we're in a good

941
00:45:04,239 --> 00:45:07,200
Speaker 12: position with both of those countries, but we're just anticipating

942
00:45:07,239 --> 00:45:10,360
Speaker 12: that as this conflict in the Middle East unfolds, a

943
00:45:10,480 --> 00:45:13,080
Speaker 12: range of countries around the world could find themselves in

944
00:45:13,120 --> 00:45:15,400
Speaker 12: a situation where they're not producing as much fuel as

945
00:45:15,400 --> 00:45:17,600
Speaker 12: they normally do and we'll have to consider measures that

946
00:45:17,680 --> 00:45:18,480
Speaker 12: are outside the norm.

947
00:45:19,040 --> 00:45:20,719
Speaker 3: Nichola, listen, thank you very much for fitting us in

948
00:45:20,719 --> 00:45:22,799
Speaker 3: because I know your diaries jam packed today and you

949
00:45:22,840 --> 00:45:24,920
Speaker 3: had the phone call with Australia, so thank you for

950
00:45:24,920 --> 00:45:28,800
Speaker 3: that's Nichola Willis our finance minister. I told you yesterday

951
00:45:28,840 --> 00:45:31,759
Speaker 3: that Westport is going to lose its only airlink because

952
00:45:31,800 --> 00:45:33,480
Speaker 3: Origin Air is probably going to pull out. They're going

953
00:45:33,520 --> 00:45:35,640
Speaker 3: to be with us in about fifteen minutes five twenty two.

954
00:45:36,640 --> 00:45:38,720
Speaker 1: Cutting through the noise to get the facts.

955
00:45:38,920 --> 00:45:43,040
Speaker 2: It's Heather dificyl and drive with one New Zealand coverage.

956
00:45:43,120 --> 00:45:46,200
Speaker 1: Like no one else news talks. There'd be Heather.

957
00:45:46,239 --> 00:45:49,040
Speaker 3: What's the jet fuel situation? That is a very good

958
00:45:49,120 --> 00:45:51,560
Speaker 3: question actually, and something I will address before six o'clock.

959
00:45:51,640 --> 00:45:53,719
Speaker 3: Is before we get to six o'clock. Right now it's

960
00:45:53,719 --> 00:45:55,480
Speaker 3: five to twenty five. I just want to go back

961
00:45:55,480 --> 00:45:58,400
Speaker 3: to something we discussed yesterday, which was where the schools

962
00:45:58,400 --> 00:46:00,960
Speaker 3: should give lollies out as reward to kids. And the

963
00:46:00,960 --> 00:46:02,520
Speaker 3: reason I'm going back to this is it has been

964
00:46:02,560 --> 00:46:06,319
Speaker 3: bugging me disproportionately overnight, and the reason is because I

965
00:46:06,360 --> 00:46:09,960
Speaker 3: think that we have all collectively as kind of nice

966
00:46:10,000 --> 00:46:13,000
Speaker 3: middle class people become way too obsessed with being perfect

967
00:46:13,000 --> 00:46:17,839
Speaker 3: as parents. Don't give kids any lollies ever, give them

968
00:46:17,880 --> 00:46:21,000
Speaker 3: five plus a day, force them to eat three different

969
00:46:21,000 --> 00:46:25,560
Speaker 3: types of fruits before midday, no screen time whatsoever at all,

970
00:46:25,640 --> 00:46:27,520
Speaker 3: brush their teeth three times a day, which is the

971
00:46:27,560 --> 00:46:30,320
Speaker 3: latest advice. Do not let the schools use the pineapple

972
00:46:30,400 --> 00:46:34,560
Speaker 3: lumps as a reward for good behavior. This is unrealistic.

973
00:46:34,680 --> 00:46:37,000
Speaker 3: This is not how life works. No parent would be

974
00:46:37,040 --> 00:46:39,040
Speaker 3: able to do all of the above every single day.

975
00:46:39,160 --> 00:46:41,400
Speaker 3: But you will get experts on in their respective fields

976
00:46:41,400 --> 00:46:42,960
Speaker 3: who will argue with the straight face that this is

977
00:46:43,000 --> 00:46:45,160
Speaker 3: exactly what parents and educators should be aiming to, not

978
00:46:45,200 --> 00:46:48,600
Speaker 3: aiming to do, should be doing, should be doing. I think,

979
00:46:48,760 --> 00:46:50,279
Speaker 3: as a parent of young ones, I'll just give you

980
00:46:50,320 --> 00:46:53,200
Speaker 3: my life's experience, right. This is completely the wrong approach

981
00:46:53,280 --> 00:46:55,719
Speaker 3: to take, because what it's doing to parents by constantly

982
00:46:55,760 --> 00:46:58,120
Speaker 3: telling them they must do all of these things is

983
00:46:58,120 --> 00:47:01,520
Speaker 3: that it's overwhelming them of advice that parents are getting

984
00:47:01,560 --> 00:47:04,560
Speaker 3: is nuts. There's Plunket, then there's Instagram, Then there's your

985
00:47:04,560 --> 00:47:07,279
Speaker 3: militant friend, Then there's the books, then there's the podcast.

986
00:47:07,360 --> 00:47:09,040
Speaker 3: And now you've got the lady who's complained to the

987
00:47:09,080 --> 00:47:12,239
Speaker 3: media about the school giving lollies to her son. I

988
00:47:12,280 --> 00:47:13,920
Speaker 3: think we just need to chill out a little bit,

989
00:47:14,360 --> 00:47:16,600
Speaker 3: focus on the big rocks when it comes to the kids.

990
00:47:16,640 --> 00:47:19,560
Speaker 3: Are the kids happy, are they generally healthy? Are they

991
00:47:19,600 --> 00:47:22,640
Speaker 3: brushing their teeth at night? Are they eating vegetables most

992
00:47:22,680 --> 00:47:25,160
Speaker 3: of the time? Are they doing that? Are they loved?

993
00:47:25,560 --> 00:47:27,560
Speaker 3: Are they loved? And are they secure? And if you've

994
00:47:27,600 --> 00:47:29,680
Speaker 3: got that down pat most of the time but all

995
00:47:29,680 --> 00:47:32,480
Speaker 3: of the time loved and secure, you are already winning.

996
00:47:32,600 --> 00:47:34,480
Speaker 3: So don't worry about the lady who complain to the

997
00:47:34,480 --> 00:47:36,640
Speaker 3: school that about them giving the kids lollies.

998
00:47:37,480 --> 00:47:38,800
Speaker 1: Heither do for see Allen.

999
00:47:40,120 --> 00:47:42,080
Speaker 3: Speaking of Lolly's though, my friend says to me that

1000
00:47:42,120 --> 00:47:43,520
Speaker 3: she said to me the other night, We're at dinner,

1001
00:47:43,520 --> 00:47:45,680
Speaker 3: and she said, you're obsessed with Wegovy. She said, I

1002
00:47:45,719 --> 00:47:47,879
Speaker 3: sometimes I tune into the show. Here you're talking about

1003
00:47:47,880 --> 00:47:49,839
Speaker 3: wegov again. There you are, there you are, You're you're

1004
00:47:49,840 --> 00:47:51,560
Speaker 3: talking about it again. And look I'm talking about it

1005
00:47:51,600 --> 00:47:54,520
Speaker 3: again because I am obsessed with Wigovy. I'm not gonna lie.

1006
00:47:54,680 --> 00:47:56,719
Speaker 3: Every single person I see who does a rapid weight

1007
00:47:56,760 --> 00:47:59,560
Speaker 3: loss is now looking really awesome, Like that's the devil

1008
00:47:59,640 --> 00:48:03,839
Speaker 3: jab that's what. It's straightened anyway. So so let me

1009
00:48:03,880 --> 00:48:05,799
Speaker 3: tell you how happy I was when the producers came

1010
00:48:05,840 --> 00:48:07,360
Speaker 3: to me today and they said, hey, do you know

1011
00:48:07,400 --> 00:48:09,840
Speaker 3: what the boss of WEGOVI of Novo, the company that

1012
00:48:09,880 --> 00:48:11,759
Speaker 3: runs with goov, is in Australia. Do you want to

1013
00:48:11,760 --> 00:48:13,920
Speaker 3: talk to him? I said, hell, yes, and he's going

1014
00:48:13,960 --> 00:48:15,960
Speaker 3: to be with us after six o'clock's so stay tuned.

1015
00:48:16,239 --> 00:48:33,040
Speaker 22: News is next, hard questions, strong opinion Here the duplicy

1016
00:48:33,080 --> 00:48:36,080
Speaker 22: eland drive with one New Zealand and the power of

1017
00:48:36,200 --> 00:48:38,359
Speaker 22: satellite mobile news talk said, be.

1018
00:48:42,680 --> 00:48:48,760
Speaker 7: My friend, what's.

1019
00:48:48,640 --> 00:48:50,319
Speaker 3: The bet that Australia is going to hit us up

1020
00:48:50,320 --> 00:48:52,080
Speaker 3: with some of our fuel? Watch some of their ships,

1021
00:48:52,120 --> 00:48:54,799
Speaker 3: Watch some of the ships heading to New Zealand get diverted. Look,

1022
00:48:54,840 --> 00:48:56,000
Speaker 3: I don't know if that's going to happen, but I

1023
00:48:56,080 --> 00:48:58,439
Speaker 3: tell you it's I can see how you got there

1024
00:48:58,480 --> 00:49:01,040
Speaker 3: in your head. And it's not stupid because, as I

1025
00:49:01,080 --> 00:49:03,320
Speaker 3: said at the start of the show, our fuel supply

1026
00:49:03,440 --> 00:49:05,160
Speaker 3: is looking a lot better than China's because we've got

1027
00:49:05,239 --> 00:49:07,480
Speaker 3: South oh sorry, then Australia's because we've got South Korea

1028
00:49:07,480 --> 00:49:10,440
Speaker 3: and Singapore who are pretty good to their word. China, China,

1029
00:49:10,480 --> 00:49:12,720
Speaker 3: which Australia relies on a lot more has already started

1030
00:49:12,719 --> 00:49:15,239
Speaker 3: banning the fuel the exports. So as I say, I

1031
00:49:15,239 --> 00:49:17,000
Speaker 3: can see how you got there in your head expecting

1032
00:49:17,000 --> 00:49:19,400
Speaker 3: this to happen. Huddles with us this evening, Morris Williams

1033
00:49:19,440 --> 00:49:22,239
Speaker 3: and Oscar Kitely standing by right now. It's twenty four

1034
00:49:22,239 --> 00:49:24,560
Speaker 3: away from six. Now it looks like Westport is about

1035
00:49:24,600 --> 00:49:28,280
Speaker 3: to lose its only airlink. Originaires stepped into the Westport

1036
00:49:28,320 --> 00:49:31,399
Speaker 3: Wellington route after Sounds are pulled out, but it's only

1037
00:49:31,440 --> 00:49:33,279
Speaker 3: been eighteen months and now they say the route doesn't

1038
00:49:33,280 --> 00:49:36,160
Speaker 3: make financial sense for them as well. Robert Inglis is

1039
00:49:36,280 --> 00:49:41,439
Speaker 3: Origin Airs managing director and with us Robert Hallo. Yeah, hi, Heather,

1040
00:49:42,200 --> 00:49:43,640
Speaker 3: Now let me get this right. This is not an

1041
00:49:43,680 --> 00:49:46,640
Speaker 3: Iran war makes the price of jet fuel go up,

1042
00:49:46,719 --> 00:49:48,719
Speaker 3: is it. That's not what's going on here. This is

1043
00:49:48,760 --> 00:49:49,720
Speaker 3: just a Westport problem.

1044
00:49:49,880 --> 00:49:55,120
Speaker 8: Yeah, to be fair, Yes, that's correct. It's always been

1045
00:49:55,200 --> 00:50:02,520
Speaker 8: quite a challenging route. Although the dramatic increase in price

1046
00:50:02,640 --> 00:50:06,000
Speaker 8: that we've had fagetto one last week nearly doubles the

1047
00:50:06,040 --> 00:50:08,560
Speaker 8: price of the fuel, so that certainly doesn't help.

1048
00:50:09,120 --> 00:50:12,239
Speaker 3: No, I can imagine what's the problem is there's just

1049
00:50:12,280 --> 00:50:15,359
Speaker 3: not enough people flying out to Westport or flying out

1050
00:50:15,360 --> 00:50:15,960
Speaker 3: of Westport.

1051
00:50:17,560 --> 00:50:21,440
Speaker 8: I guess that is essentially the problem. Yes, I mean

1052
00:50:23,400 --> 00:50:25,960
Speaker 8: the route has got a little bit of a checkered

1053
00:50:26,400 --> 00:50:30,120
Speaker 8: history without boring anybody. It used to be operated by

1054
00:50:30,880 --> 00:50:34,120
Speaker 8: Air New Zealand and then in New Zealand subsidiaries there

1055
00:50:34,239 --> 00:50:39,239
Speaker 8: Nelson and Eagle Air, and about ten years ago you

1056
00:50:39,320 --> 00:50:43,400
Speaker 8: might recall, I think it was when PM Luxton was

1057
00:50:43,440 --> 00:50:47,880
Speaker 8: head of the New Zealand, they decided to disestablish the

1058
00:50:48,040 --> 00:50:52,120
Speaker 8: entire Eagle Air operation, which put sixteen of their nineteen

1059
00:50:52,200 --> 00:50:55,480
Speaker 8: seater beachcraft on the ground. That meant that a lot

1060
00:50:55,520 --> 00:50:59,120
Speaker 8: of regional ports in New Zealand suddenly had no air

1061
00:50:59,200 --> 00:51:03,000
Speaker 8: services and Westport was just was just one of those

1062
00:51:03,120 --> 00:51:07,360
Speaker 8: sounds there picked up the service and I think operated

1063
00:51:07,880 --> 00:51:10,200
Speaker 8: a good service there for a number of years, but

1064
00:51:10,840 --> 00:51:17,840
Speaker 8: eventually had to kick for touch. We were lassued after

1065
00:51:17,920 --> 00:51:22,000
Speaker 8: that by MP deminocontatacy if we could help, and we

1066
00:51:22,080 --> 00:51:26,319
Speaker 8: said we would try, but with a larger aircraft we

1067
00:51:26,360 --> 00:51:31,560
Speaker 8: couldn't really replace the frequency of services that that sounds

1068
00:51:31,560 --> 00:51:33,879
Speaker 8: there have, so we'd had to We've had to pare

1069
00:51:33,920 --> 00:51:34,759
Speaker 8: it back a little bit.

1070
00:51:35,280 --> 00:51:38,080
Speaker 3: So could you could you have run your service? I mean,

1071
00:51:38,120 --> 00:51:40,880
Speaker 3: would it work to run your service less frequently and

1072
00:51:40,920 --> 00:51:41,800
Speaker 3: get a fuller plane.

1073
00:51:43,040 --> 00:51:46,680
Speaker 8: That's exactly what we've done, Heather. When we started there,

1074
00:51:46,920 --> 00:51:50,120
Speaker 8: as you said, it was about fifteen sixteen months ago,

1075
00:51:51,320 --> 00:51:54,920
Speaker 8: they were wanting daily services. We did that, but really

1076
00:51:55,120 --> 00:51:59,800
Speaker 8: it was pretty painful financially. So we've cut the services

1077
00:52:00,239 --> 00:52:06,600
Speaker 8: this year to Wellington on a Monday morning, a Wednesday

1078
00:52:06,600 --> 00:52:09,200
Speaker 8: morning and a Friday afternoon to try and cater for

1079
00:52:09,320 --> 00:52:11,440
Speaker 8: people wanted to go to the capitol for the weekend

1080
00:52:11,600 --> 00:52:15,600
Speaker 8: or vice versa and business people, and we have had

1081
00:52:15,640 --> 00:52:20,480
Speaker 8: an improvement. I mean, the the route is reasonably seasonable

1082
00:52:20,600 --> 00:52:24,240
Speaker 8: a season. A lot of people go there for the

1083
00:52:24,320 --> 00:52:29,080
Speaker 8: for the summer, walking tracks, et cetera. And in recent

1084
00:52:29,160 --> 00:52:31,560
Speaker 8: months we've been pretty pleased with the way things have

1085
00:52:31,640 --> 00:52:36,400
Speaker 8: been progressing. The direct operating costs on the on the

1086
00:52:36,480 --> 00:52:40,520
Speaker 8: route have on some months been covered by the revenue,

1087
00:52:40,560 --> 00:52:44,439
Speaker 8: so we were fairly positive. But the winter is another thing.

1088
00:52:44,680 --> 00:52:49,080
Speaker 8: And then of course the additional doubling a fuel price.

1089
00:52:49,480 --> 00:52:51,800
Speaker 8: We're just unfortunately to make a hard.

1090
00:52:51,600 --> 00:52:54,080
Speaker 3: Call, Okay, how much money would the government have to

1091
00:52:54,080 --> 00:52:55,360
Speaker 3: put in to make this work?

1092
00:52:58,360 --> 00:52:58,560
Speaker 6: Well?

1093
00:52:58,600 --> 00:53:04,080
Speaker 8: When we originally approached government, and that's local government and

1094
00:53:04,200 --> 00:53:07,720
Speaker 8: central government. It was looking like it would need about

1095
00:53:07,719 --> 00:53:13,200
Speaker 8: ten thousand dollars a week of support. That has reduced

1096
00:53:13,200 --> 00:53:17,399
Speaker 8: to about half that level in recent months, but if

1097
00:53:17,400 --> 00:53:19,640
Speaker 8: you multiply it by fifty two weeks, as still a

1098
00:53:19,640 --> 00:53:23,680
Speaker 8: fairy chunky amount. But our view has always been that

1099
00:53:24,760 --> 00:53:27,960
Speaker 8: with the surface, just as you described the less frequent service,

1100
00:53:28,719 --> 00:53:32,040
Speaker 8: that as the New Zealand economy started to get out

1101
00:53:32,080 --> 00:53:37,440
Speaker 8: of first gear and that there was generally more confidence

1102
00:53:37,480 --> 00:53:42,719
Speaker 8: in people with extra discretionary pennies, that it would probably

1103
00:53:43,080 --> 00:53:47,759
Speaker 8: be then financially washing its own face. So we ask

1104
00:53:47,840 --> 00:53:51,439
Speaker 8: government for help during that period because they had spent

1105
00:53:51,480 --> 00:53:54,000
Speaker 8: a lot of money in the area on walking tracks

1106
00:53:54,080 --> 00:53:59,120
Speaker 8: and cycling tracks and talking about mineral exploration. I would

1107
00:53:59,160 --> 00:54:03,279
Speaker 8: have thought it wouldn't have been too difficult to look at.

1108
00:54:03,680 --> 00:54:07,919
Speaker 8: I mean, in many other ports in New Zealand, an

1109
00:54:07,920 --> 00:54:11,160
Speaker 8: alternate airport is only an hours drive away if you

1110
00:54:11,200 --> 00:54:14,600
Speaker 8: don't like the service that's being provided. But from these.

1111
00:54:14,239 --> 00:54:17,080
Speaker 3: Guys go to Nelson, it is a long wait. Robert Listen,

1112
00:54:17,080 --> 00:54:19,760
Speaker 3: thanks so much. Appreciate it mate. There's Robert Englis, origin

1113
00:54:19,800 --> 00:54:20,600
Speaker 3: air Managing director.

1114
00:54:20,680 --> 00:54:20,880
Speaker 9: Right now.

1115
00:54:20,880 --> 00:54:22,280
Speaker 3: It's nineteen away from six.

1116
00:54:22,719 --> 00:54:26,080
Speaker 2: The Huddle with New Zealand Southeby's International Realty, a name

1117
00:54:26,120 --> 00:54:28,360
Speaker 2: you can trust locally and globally.

1118
00:54:28,640 --> 00:54:30,239
Speaker 3: On the huddle of this this evening we have Morris

1119
00:54:30,280 --> 00:54:33,440
Speaker 3: Williams and Auckland councilor, former National Party minister, and Oscar Kitley,

1120
00:54:33,440 --> 00:54:35,960
Speaker 3: who's of course an artist and local government politician nowadays.

1121
00:54:36,040 --> 00:54:40,239
Speaker 3: High lads, now, listen, I just got a text saying

1122
00:54:40,280 --> 00:54:42,239
Speaker 3: here that you've been telling us the wrong time for

1123
00:54:42,360 --> 00:54:44,839
Speaker 3: over an hour. Now, please check your clock. You've been

1124
00:54:44,880 --> 00:54:47,400
Speaker 3: an hour ahead of yourself. I've got Morris, look look

1125
00:54:47,400 --> 00:54:50,080
Speaker 3: at what I've got? Five four one? What have you got?

1126
00:54:51,040 --> 00:54:52,600
Speaker 20: I've got five forty one where I am?

1127
00:54:52,680 --> 00:54:54,160
Speaker 1: Yes, what have you got?

1128
00:54:54,600 --> 00:54:55,160
Speaker 20: I've got five?

1129
00:54:56,120 --> 00:54:56,359
Speaker 3: Okay?

1130
00:54:56,680 --> 00:54:59,360
Speaker 20: Because from West Stalkland they're on a different time zone

1131
00:54:59,000 --> 00:55:00,319
Speaker 20: out yeah.

1132
00:55:01,960 --> 00:55:04,879
Speaker 3: Yeah, okay, So we've checked it, so we've calibrated. I'm

1133
00:55:04,920 --> 00:55:07,279
Speaker 3: on the same time. It's possible that the texture is

1134
00:55:07,280 --> 00:55:09,640
Speaker 3: in fact and out. Maybe the text is listening from

1135
00:55:09,640 --> 00:55:11,120
Speaker 3: some another time zone.

1136
00:55:11,120 --> 00:55:12,359
Speaker 6: I just want to see there you go?

1137
00:55:12,680 --> 00:55:15,239
Speaker 3: Does happen? Okay? Listen, Morris, how do you feel about it?

1138
00:55:15,239 --> 00:55:16,880
Speaker 3: Five to ten thousand dollars a week is not a

1139
00:55:16,880 --> 00:55:18,080
Speaker 3: lot of money. Do we tip it in.

1140
00:55:20,080 --> 00:55:23,080
Speaker 20: For the subsidy of O engineer. I'm not a keen

1141
00:55:23,360 --> 00:55:26,799
Speaker 20: I'm not keen on anything. I seriously believe that most

1142
00:55:26,920 --> 00:55:29,600
Speaker 20: ventures like that if they charge the right price, set

1143
00:55:29,640 --> 00:55:32,839
Speaker 20: the right fluency. It used to be my occupation long

1144
00:55:32,840 --> 00:55:36,160
Speaker 20: before politics of doing such things. This moment you start

1145
00:55:36,160 --> 00:55:39,279
Speaker 20: putting subsidies in, then you can argue how much that

1146
00:55:39,360 --> 00:55:42,399
Speaker 20: subsidy should be, and then it starts growing. Competitors won't

1147
00:55:42,440 --> 00:55:44,840
Speaker 20: then saying well, we wanted as well on our route.

1148
00:55:44,960 --> 00:55:48,200
Speaker 20: It becomes a chasing your tail. If it's not viable,

1149
00:55:48,280 --> 00:55:50,640
Speaker 20: it's just not viable. And we've got to understand we're

1150
00:55:50,640 --> 00:55:54,680
Speaker 20: a very small country with only five million people, and

1151
00:55:55,000 --> 00:55:57,120
Speaker 20: that's a modest city anywhere else in the world.

1152
00:55:57,520 --> 00:55:59,160
Speaker 3: Yeah, and well, what do you think, I oscar, it's

1153
00:55:59,160 --> 00:56:01,919
Speaker 3: not viable Zealand tried it didn't work. Sounds you tried

1154
00:56:01,960 --> 00:56:04,320
Speaker 3: it didn't work originally tried it didn't work. So should

1155
00:56:04,320 --> 00:56:05,600
Speaker 3: the thing just be allowed to tip over?

1156
00:56:08,320 --> 00:56:10,560
Speaker 23: I mean, I guess it's tolou your priorities, right, how

1157
00:56:10,640 --> 00:56:14,640
Speaker 23: much value regional connectivity? But I can't see the government

1158
00:56:14,719 --> 00:56:18,759
Speaker 23: leaning into this opportunity. You know, they seem type of

1159
00:56:18,760 --> 00:56:22,480
Speaker 23: thing against transport, so I don't see them taking advantage

1160
00:56:22,480 --> 00:56:23,760
Speaker 23: of this unfortunately for Origin.

1161
00:56:25,840 --> 00:56:28,359
Speaker 3: Have you rephrase the question, ask it if you were

1162
00:56:28,360 --> 00:56:30,839
Speaker 3: the minister, would you put the money in? Yeah?

1163
00:56:30,840 --> 00:56:35,000
Speaker 23: I probably would get the money from those four thousand people. Well,

1164
00:56:35,000 --> 00:56:37,800
Speaker 23: I would ask my experts to look at the experts

1165
00:56:37,840 --> 00:56:38,600
Speaker 23: that I would trust.

1166
00:56:41,920 --> 00:56:45,360
Speaker 3: Just delegate that you're going to be you would be.

1167
00:56:45,480 --> 00:56:46,880
Speaker 3: You're that kind of a politician.

1168
00:56:50,520 --> 00:56:51,960
Speaker 20: Bloody Treasury Again.

1169
00:56:53,280 --> 00:56:55,400
Speaker 3: Stats New Zealand gave me the wrong advice. All right,

1170
00:56:55,440 --> 00:56:56,920
Speaker 3: we'll take a break, Leads, we'll come back and talk

1171
00:56:56,960 --> 00:56:58,799
Speaker 3: about the change in messaging that we just got from

1172
00:56:58,800 --> 00:57:02,000
Speaker 3: the on the Iran war. Just minute ago, sixteen away from.

1173
00:57:01,840 --> 00:57:06,279
Speaker 2: Six the huddle with New Zealand Southeby's international Real Team,

1174
00:57:06,480 --> 00:57:08,360
Speaker 2: the only truly global brand.

1175
00:57:08,719 --> 00:57:11,320
Speaker 3: Right, you're back with the huddle, Morris Williamson, Oscar Kitely, Morris,

1176
00:57:11,400 --> 00:57:13,720
Speaker 3: what do you reckon is behind the change in messaging

1177
00:57:13,760 --> 00:57:16,680
Speaker 3: and tone from the government on our fuel situation.

1178
00:57:18,720 --> 00:57:21,280
Speaker 20: I think the reality is beginning to dawn that this

1179
00:57:21,400 --> 00:57:23,360
Speaker 20: is going to take a lot longer and get a

1180
00:57:23,400 --> 00:57:26,480
Speaker 20: lot messier, have a lot more impact on the economy.

1181
00:57:26,480 --> 00:57:28,920
Speaker 20: Because you keep hearing of industries that a lot of

1182
00:57:28,920 --> 00:57:31,240
Speaker 20: people never even gave any thought to, like the plastics

1183
00:57:31,240 --> 00:57:33,800
Speaker 20: industry is going to be up for a bloody big

1184
00:57:33,880 --> 00:57:35,880
Speaker 20: charge and so on. And I think, just as that

1185
00:57:36,360 --> 00:57:39,040
Speaker 20: the reality starts to dawn about the length this could

1186
00:57:39,080 --> 00:57:42,240
Speaker 20: run for and the impact right across the economy and

1187
00:57:42,280 --> 00:57:45,400
Speaker 20: the GDP and ST, I think there's going to have

1188
00:57:45,440 --> 00:57:48,400
Speaker 20: to be some really quick moves about what we do

1189
00:57:48,480 --> 00:57:54,400
Speaker 20: with regards to fuel supply, guaranteeing the essential services, then industry,

1190
00:57:54,880 --> 00:57:56,960
Speaker 20: and then how we sort of get people to change

1191
00:57:57,000 --> 00:57:59,320
Speaker 20: their behaviors along the way. I think the sooner you

1192
00:57:59,360 --> 00:57:59,919
Speaker 20: do it, the better.

1193
00:58:00,880 --> 00:58:02,600
Speaker 3: I can't Morris, I can't remember who it was, but

1194
00:58:02,680 --> 00:58:04,720
Speaker 3: somebody was on the show earlier this week and rated

1195
00:58:04,720 --> 00:58:07,600
Speaker 3: the chance that we have fuel shortages and rationing at

1196
00:58:07,640 --> 00:58:08,600
Speaker 3: seventy five percent.

1197
00:58:08,600 --> 00:58:12,560
Speaker 20: Where do you put it, I'd say, certainly in the

1198
00:58:12,640 --> 00:58:15,600
Speaker 20: high seventy eighty thing. I think it's going to almost

1199
00:58:15,640 --> 00:58:18,880
Speaker 20: certainly happen. That the problem with this war is that

1200
00:58:19,240 --> 00:58:22,520
Speaker 20: it's got so many moving parts and it's got so

1201
00:58:22,680 --> 00:58:25,320
Speaker 20: much time that it'll play out. For the idea that

1202
00:58:25,320 --> 00:58:26,920
Speaker 20: it'll be over in a week or two weeks, as

1203
00:58:26,960 --> 00:58:29,680
Speaker 20: Donald Trump keeps saying, it is just fanciful. This is

1204
00:58:29,680 --> 00:58:31,600
Speaker 20: going to go for a long time and the impact

1205
00:58:31,680 --> 00:58:37,040
Speaker 20: will be huge, and it impacts right across industry and

1206
00:58:37,480 --> 00:58:40,680
Speaker 20: economies and people, even you know, even the tourist industry.

1207
00:58:40,680 --> 00:58:42,760
Speaker 20: One of the big things that helped keep our GDP

1208
00:58:42,880 --> 00:58:46,760
Speaker 20: at only a two percent today was visitor spending was

1209
00:58:46,840 --> 00:58:49,240
Speaker 20: up seven point eight percent. Where you can kiss goodbye

1210
00:58:49,320 --> 00:58:52,000
Speaker 20: to visitor travel for the next few months or even

1211
00:58:52,040 --> 00:58:54,840
Speaker 20: a year or so. If you start seeing aviation fuel

1212
00:58:54,880 --> 00:58:56,200
Speaker 20: and prices going where it's going.

1213
00:58:56,840 --> 00:58:59,240
Speaker 3: Okay, what do you think, Oscar, are you freaking out yet?

1214
00:59:00,320 --> 00:59:02,760
Speaker 23: I already was. I was always surprised that they weren't

1215
00:59:02,760 --> 00:59:06,320
Speaker 23: showing more agency. I'm really glad that they finally have.

1216
00:59:06,680 --> 00:59:09,720
Speaker 23: I mean, I'm old enough to have lived through the

1217
00:59:09,800 --> 00:59:12,880
Speaker 23: Afghanistan War and the Iraq War, and I remember at

1218
00:59:12,920 --> 00:59:15,160
Speaker 23: the beginning of both those conflicts, no one thought they

1219
00:59:15,160 --> 00:59:17,040
Speaker 23: would go further than you know, a few weeks, a

1220
00:59:17,080 --> 00:59:20,960
Speaker 23: few months, and I'm spry, and it felt like at

1221
00:59:21,000 --> 00:59:24,800
Speaker 23: the time al Chomi was able to adjust to those things.

1222
00:59:24,840 --> 00:59:28,000
Speaker 23: But this feels way different. So I'm glad they're finally

1223
00:59:28,640 --> 00:59:31,560
Speaker 23: showing some emergency. And I felt like this group should

1224
00:59:31,560 --> 00:59:34,600
Speaker 23: meet daily rather than you know, twice weekly.

1225
00:59:36,800 --> 00:59:39,120
Speaker 20: I got a bit tired of that quickly. I'm old

1226
00:59:39,200 --> 00:59:41,320
Speaker 20: enough to have lived through Carlos days.

1227
00:59:42,080 --> 00:59:43,200
Speaker 23: Yeah me too.

1228
00:59:44,960 --> 00:59:47,640
Speaker 3: Oh look, you couldn't one up Oscar. He's as old

1229
00:59:47,680 --> 00:59:48,440
Speaker 3: as you are. Morris.

1230
00:59:48,440 --> 00:59:52,320
Speaker 20: What color was? No, he can't be that old. There's

1231
00:59:52,320 --> 00:59:54,800
Speaker 20: no way.

1232
00:59:55,000 --> 00:59:59,800
Speaker 3: Okay, the GDP number, Oscar, Now this has come out

1233
01:00:00,000 --> 01:00:02,600
Speaker 3: not looking that flash? Did that surprise you? Did you

1234
01:00:02,680 --> 01:00:04,360
Speaker 3: have a sense towards the end of the year life

1235
01:00:04,440 --> 01:00:06,080
Speaker 3: I did that it wasn't growing at the rate that

1236
01:00:06,080 --> 01:00:06,880
Speaker 3: people thought it was.

1237
01:00:07,560 --> 01:00:10,800
Speaker 23: You know, I'm not angry, I'm just disappointed. I just

1238
01:00:10,840 --> 01:00:13,600
Speaker 23: thought we would do a way a lot better with

1239
01:00:14,000 --> 01:00:16,640
Speaker 23: a governments led by Chris Luxon, you know, especially given

1240
01:00:16,680 --> 01:00:20,160
Speaker 23: his experience within New Zealand, a UNI lever. I thought,

1241
01:00:20,240 --> 01:00:24,200
Speaker 23: you know, National will always go on about how they're

1242
01:00:24,240 --> 01:00:26,320
Speaker 23: the best at managing money, and if we can take

1243
01:00:26,360 --> 01:00:28,720
Speaker 23: our GDP as one of the KPIs that will hold

1244
01:00:28,720 --> 01:00:31,600
Speaker 23: the government to you know, I think it's okay to

1245
01:00:31,640 --> 01:00:34,240
Speaker 23: expect more from them. So, you know, as a citizen

1246
01:00:34,280 --> 01:00:35,960
Speaker 23: of this country, we all need them to do well.

1247
01:00:36,040 --> 01:00:37,920
Speaker 23: So I wish them every success and I want them

1248
01:00:37,920 --> 01:00:41,160
Speaker 23: to do well. But it feels like their plan is

1249
01:00:41,200 --> 01:00:42,840
Speaker 23: just like what we're all doing, which is waiting for

1250
01:00:42,880 --> 01:00:43,680
Speaker 23: things to get better.

1251
01:00:44,640 --> 01:00:47,120
Speaker 3: Morris, Right, there is the problem for the election, right.

1252
01:00:48,560 --> 01:00:51,640
Speaker 20: Yeah, and it'll only get worse now with what's happening

1253
01:00:51,680 --> 01:00:53,760
Speaker 20: in the world. The problem is that all the numbers,

1254
01:00:53,840 --> 01:00:56,120
Speaker 20: like a couple of nights ago, TV were running big

1255
01:00:56,120 --> 01:00:58,160
Speaker 20: story about what the cost of living has done over

1256
01:00:58,200 --> 01:01:00,600
Speaker 20: the last year, but they added the last sentence, which

1257
01:01:00,680 --> 01:01:03,160
Speaker 20: was important. None of this was affected by the Iran

1258
01:01:03,280 --> 01:01:06,160
Speaker 20: crisis that's yet to come on top of this, And

1259
01:01:06,200 --> 01:01:08,800
Speaker 20: I think there were some key numbers in that GDP announcement.

1260
01:01:08,800 --> 01:01:11,280
Speaker 20: The one that really got to me was a thing

1261
01:01:11,360 --> 01:01:14,880
Speaker 20: called the volume of building work put in place that

1262
01:01:14,920 --> 01:01:17,840
Speaker 20: fell by three point one percent in the December quarter,

1263
01:01:18,160 --> 01:01:21,240
Speaker 20: where that should and that's a really key input that

1264
01:01:21,280 --> 01:01:23,520
Speaker 20: should have been growing and it's not. And if you

1265
01:01:23,800 --> 01:01:26,240
Speaker 20: add everything else going, I don't think when we get

1266
01:01:26,280 --> 01:01:28,920
Speaker 20: to seven November, the government's going to be looking in

1267
01:01:28,960 --> 01:01:31,360
Speaker 20: great shape to say, look, how well the economy's doing

1268
01:01:31,520 --> 01:01:33,040
Speaker 20: and how much better off you all are.

1269
01:01:33,760 --> 01:01:35,840
Speaker 3: Yeah, okay, guys, listen, I'm going to leave it there.

1270
01:01:35,840 --> 01:01:37,560
Speaker 3: I really appreciate it. Thank you both so much for

1271
01:01:37,560 --> 01:01:40,960
Speaker 3: your time. That Oscar Kiteley and Morris Williamson. I need

1272
01:01:40,960 --> 01:01:43,120
Speaker 3: to quickly rate. I did my my numbers would dodgy

1273
01:01:43,160 --> 01:01:45,560
Speaker 3: before because as I said, I don't know anything about

1274
01:01:45,560 --> 01:01:48,720
Speaker 3: grahams and ketamines and stuff like that. I was a

1275
01:01:48,760 --> 01:01:51,720
Speaker 3: young person going out before ketamine became Back then it

1276
01:01:51,760 --> 01:01:53,720
Speaker 3: was still a horse tranquilizer or whatever it was. The

1277
01:01:53,800 --> 01:01:56,800
Speaker 3: vets had it, not the kids. Anyway, turns out I

1278
01:01:56,800 --> 01:01:59,160
Speaker 3: did my sum's wrong. So out of a one grand

1279
01:01:59,160 --> 01:02:01,880
Speaker 3: bag of kettymine. This is not endorsing drugs, by the way,

1280
01:02:02,080 --> 01:02:04,240
Speaker 3: this is just trying to explain something. Out of a

1281
01:02:04,280 --> 01:02:07,120
Speaker 3: one grand bag of ketamine, you get forty to fifty doses,

1282
01:02:07,680 --> 01:02:10,840
Speaker 3: so that means that you am I doing this right?

1283
01:02:10,880 --> 01:02:11,760
Speaker 3: I'm doing this wrong again.

1284
01:02:11,880 --> 01:02:14,080
Speaker 14: Isn't it to hang on the envelope?

1285
01:02:14,120 --> 01:02:14,560
Speaker 1: Hang on helio?

1286
01:02:14,640 --> 01:02:16,200
Speaker 14: So if I divide by ten and then they carry

1287
01:02:16,240 --> 01:02:18,280
Speaker 14: the three and then just put the two over there? No, No, yeah,

1288
01:02:18,280 --> 01:02:21,280
Speaker 14: okay no, because she said I'm pretty sure that your

1289
01:02:21,280 --> 01:02:23,760
Speaker 14: stuff said it was forty to fifty milligrams a dose,

1290
01:02:24,360 --> 01:02:27,040
Speaker 14: so that would mean twenty to twenty five doses one

1291
01:02:27,080 --> 01:02:29,000
Speaker 14: gram page.

1292
01:02:28,640 --> 01:02:31,000
Speaker 3: Thank you, which means that at two hundred dollars each

1293
01:02:31,000 --> 01:02:34,920
Speaker 3: of those doses is eight to ten dollars, rights.

1294
01:02:34,840 --> 01:02:36,080
Speaker 14: And then minus four and then.

1295
01:02:36,080 --> 01:02:38,960
Speaker 3: Yep, yeah, yep, you're right, yep, okay, And how long

1296
01:02:39,040 --> 01:02:41,800
Speaker 3: does a head of ketamine last? Like a beer will

1297
01:02:41,840 --> 01:02:43,479
Speaker 3: give you a little a little buzz for twenty minutes,

1298
01:02:43,480 --> 01:02:43,840
Speaker 3: won't it.

1299
01:02:43,920 --> 01:02:44,080
Speaker 20: Yeah?

1300
01:02:44,120 --> 01:02:46,520
Speaker 14: Well, and she said it was short duration, right, So

1301
01:02:46,560 --> 01:02:48,160
Speaker 14: it just depends what we mean by short there, but

1302
01:02:48,200 --> 01:02:49,840
Speaker 14: I think, yeah, we can take it for that. You

1303
01:02:49,920 --> 01:02:51,240
Speaker 14: take more than one dose a night.

1304
01:02:51,640 --> 01:02:53,320
Speaker 3: Okay, so they're taking on more than one does.

1305
01:02:53,360 --> 01:02:56,480
Speaker 14: But either way, on drive does not endorsed taking each.

1306
01:02:56,680 --> 01:02:58,840
Speaker 3: Yeah, don't do the keta meates. But this is what

1307
01:02:58,880 --> 01:03:00,440
Speaker 3: the kids are doing, right, So it's eight to ten

1308
01:03:00,480 --> 01:03:02,480
Speaker 3: dollars for a kidamine you go out on Palsiby Road

1309
01:03:02,560 --> 01:03:04,080
Speaker 3: is twenty bucks for a beer. So you can see

1310
01:03:04,080 --> 01:03:06,160
Speaker 3: why they're doing it, right, And as she said, the

1311
01:03:06,160 --> 01:03:08,280
Speaker 3: comdown's not as bad. What was that at?

1312
01:03:08,320 --> 01:03:09,640
Speaker 14: Well, well, it's going to say it's like every night

1313
01:03:09,680 --> 01:03:11,520
Speaker 14: as a student, right, but yeah, again, don't do.

1314
01:03:11,480 --> 01:03:15,040
Speaker 3: It just looking for answers and put there at By

1315
01:03:15,080 --> 01:03:17,160
Speaker 3: the way, I have got time. I'm going to talk

1316
01:03:17,200 --> 01:03:19,760
Speaker 3: you through the eight to ten to eighteen days until

1317
01:03:19,800 --> 01:03:23,000
Speaker 3: Australia runs dry blog post next seven away from six.

1318
01:03:23,960 --> 01:03:27,280
Speaker 2: It's the Heather Duper c Allen Drive Full Show podcast

1319
01:03:27,360 --> 01:03:30,320
Speaker 2: on my Art Radio powered by News Talk zeb.

1320
01:03:32,440 --> 01:03:34,200
Speaker 3: Right, as I said, the boss of Novo, who is

1321
01:03:34,880 --> 01:03:36,760
Speaker 3: that's the company that run that makes the GOVI and

1322
01:03:36,800 --> 01:03:38,240
Speaker 3: the ozmic and whatnot, is going to be with us

1323
01:03:38,280 --> 01:03:40,720
Speaker 3: after six o'clock. Now, there is a blog post that's

1324
01:03:40,840 --> 01:03:43,640
Speaker 3: that's entitled ten to eighteen days until Australia Runs Dry

1325
01:03:43,680 --> 01:03:45,880
Speaker 3: that's being shared at the moment. I'm telling you in

1326
01:03:45,960 --> 01:03:50,120
Speaker 3: advance of me reading you some of this. It's quite alarmist, okay,

1327
01:03:50,160 --> 01:03:52,760
Speaker 3: so it is like super freak out stuff. But anyway,

1328
01:03:52,840 --> 01:03:55,480
Speaker 3: this is what they're talking about in Australia. They're talking

1329
01:03:56,120 --> 01:03:58,840
Speaker 3: they reckon there's an estimated nine to sixteen days of

1330
01:03:58,880 --> 01:04:02,280
Speaker 3: diesel left in Australia and ten to eighteen days of petrol.

1331
01:04:02,720 --> 01:04:04,480
Speaker 3: Then they're going to run dry. Then they're going to

1332
01:04:04,560 --> 01:04:07,360
Speaker 3: kick in their emergency plan, which takes three weeks to start.

1333
01:04:07,560 --> 01:04:10,120
Speaker 3: They've got a fertilizer time bomb because of course fertilizers

1334
01:04:10,120 --> 01:04:12,080
Speaker 3: hard to get a hold of. And then they're saying,

1335
01:04:12,160 --> 01:04:15,080
Speaker 3: even if the wharf the cease fire, happens, It will

1336
01:04:15,120 --> 01:04:19,160
Speaker 3: take probably ten weeks for the first oil to reach

1337
01:04:19,160 --> 01:04:22,040
Speaker 3: Australia after the ceasefire, and then six months up to

1338
01:04:22,080 --> 01:04:26,200
Speaker 3: six months before everything is back to normally camp timeline

1339
01:04:26,280 --> 01:04:30,040
Speaker 3: now to the end of May, Diesel titans hard, regional

1340
01:04:30,120 --> 01:04:33,440
Speaker 3: servos are already running dry between deliveries, queues are forming.

1341
01:04:33,480 --> 01:04:36,800
Speaker 3: Supermarket shelves start going patchy full on delivery day, empty

1342
01:04:36,840 --> 01:04:39,000
Speaker 3: the next. Bread and milk deliveries drop from daily to

1343
01:04:39,040 --> 01:04:40,960
Speaker 3: every two to three days in regional towns and then

1344
01:04:40,960 --> 01:04:44,680
Speaker 3: the cities follow. Cooking oil becomes genuinely scarce, food prices

1345
01:04:44,720 --> 01:04:49,040
Speaker 3: goes up. Government announces formal measures, then later on national

1346
01:04:49,040 --> 01:04:52,360
Speaker 3: emergency kicks in. School buses are caught. You know, you

1347
01:04:52,480 --> 01:04:54,480
Speaker 3: learn which day your local Woollies is restocked and your

1348
01:04:54,480 --> 01:04:57,240
Speaker 3: shop that day working from home as normal. Elective surgeries

1349
01:04:57,240 --> 01:05:00,280
Speaker 3: are postponed day inter recession and our unemployment heads wards

1350
01:05:00,280 --> 01:05:02,200
Speaker 3: five point five seven percent. You can see how this

1351
01:05:02,280 --> 01:05:05,240
Speaker 3: is just freaking people out. May to September Australia is

1352
01:05:05,240 --> 01:05:07,600
Speaker 3: operating at roughly twenty five to forty percent of normal

1353
01:05:07,640 --> 01:05:12,760
Speaker 3: fuel supply, depending on how alternative supplies are working. Food

1354
01:05:12,800 --> 01:05:15,640
Speaker 3: becomes more local, more seasonal, you learn to cook what's available,

1355
01:05:15,680 --> 01:05:18,360
Speaker 3: not what you feel like. Back backyard vegie patches go

1356
01:05:18,400 --> 01:05:22,040
Speaker 3: from hobby to necessity. Preservation skills come back. Blah blah blah.

1357
01:05:22,160 --> 01:05:25,080
Speaker 3: They reckon that Australians need to start planting their gardens

1358
01:05:25,120 --> 01:05:27,960
Speaker 3: now to be able to feed them through the winter. Now,

1359
01:05:28,000 --> 01:05:32,320
Speaker 3: as I say, our fuel security is probably better than Australia's. Also,

1360
01:05:32,400 --> 01:05:34,320
Speaker 3: I remember stuff like this coming out at the start

1361
01:05:34,320 --> 01:05:36,120
Speaker 3: of COVID where it was like unemployment's going to have

1362
01:05:36,160 --> 01:05:38,120
Speaker 3: thirty percent. So always take it with a grain of salt.

1363
01:05:38,360 --> 01:05:40,120
Speaker 3: But just so you read that. It's just so you know,

1364
01:05:40,280 --> 01:05:42,280
Speaker 3: this is what people are freaking out about at the moment.

1365
01:05:43,600 --> 01:05:44,720
Speaker 3: We'll go be next.

1366
01:05:53,600 --> 01:05:57,400
Speaker 1: What's up, what's down? What were the major calls and

1367
01:05:57,520 --> 01:05:59,040
Speaker 1: how will it affect the economy?

1368
01:05:59,120 --> 01:06:02,560
Speaker 2: The big business questions On the Business Hour, we're the

1369
01:06:02,560 --> 01:06:06,320
Speaker 2: Heather Duper, c Allen and Mas Insurance and investments, Your

1370
01:06:06,360 --> 01:06:07,920
Speaker 2: futures in good hands?

1371
01:06:08,120 --> 01:06:09,040
Speaker 1: News talks'd be.

1372
01:06:10,560 --> 01:06:12,480
Speaker 3: Even in coming up with the next hour. Jamie's going

1373
01:06:12,520 --> 01:06:14,960
Speaker 3: to talk us through. This is Jamie McKay how the

1374
01:06:15,120 --> 01:06:17,640
Speaker 3: likely closure of Heinz Watty's and christ Church will affect

1375
01:06:17,680 --> 01:06:21,200
Speaker 3: the local farmers. Sam Dickey on the FED decision overnight

1376
01:06:21,240 --> 01:06:22,880
Speaker 3: and then ender Brady is with us out of the

1377
01:06:22,960 --> 01:06:25,240
Speaker 3: UK right now to seven past six. Now, as you know,

1378
01:06:25,320 --> 01:06:28,520
Speaker 3: we're GOVI and ozempic and similar drugs are getting plenty

1379
01:06:28,520 --> 01:06:31,040
Speaker 3: of headlines globally at the moment for being something of

1380
01:06:31,080 --> 01:06:34,560
Speaker 3: wonder drugs. Turns out there's nothing they're not helping now.

1381
01:06:34,680 --> 01:06:37,600
Speaker 3: The CEO of the parent company, Novo Nordisk is visiting

1382
01:06:37,640 --> 01:06:39,120
Speaker 3: Ozzie at the moment and when we found out with

1383
01:06:39,080 --> 01:06:40,560
Speaker 3: what we might get him on for a chat. His

1384
01:06:40,640 --> 01:06:45,360
Speaker 3: name is Mike Doustar Mike Hallow, Hey, mate, how would

1385
01:06:45,360 --> 01:06:47,760
Speaker 3: you describe this? Would you describe this as a wonder drug?

1386
01:06:49,240 --> 01:06:51,440
Speaker 6: I describe it as a breakthrough innovation.

1387
01:06:52,360 --> 01:06:58,800
Speaker 24: I describe it as a class that slowly people are

1388
01:06:58,800 --> 01:07:04,320
Speaker 24: coming to recognize recognize that it's way beyond just an

1389
01:07:04,360 --> 01:07:08,240
Speaker 24: agent that reduces sugar for diabetics or wait for those

1390
01:07:08,280 --> 01:07:12,280
Speaker 24: suffering from obesity, and it has some very serious health

1391
01:07:12,360 --> 01:07:19,440
Speaker 24: benefits around it, be it cardiovascular protection, liver protection, kidney

1392
01:07:19,440 --> 01:07:21,160
Speaker 24: protections and more to be tested.

1393
01:07:21,240 --> 01:07:23,280
Speaker 6: So it's a breakthrough innovation.

1394
01:07:23,960 --> 01:07:25,600
Speaker 3: Do you think that there is still a little bit

1395
01:07:25,640 --> 01:07:28,040
Speaker 3: of ritisance out there from people who look at this

1396
01:07:28,120 --> 01:07:29,560
Speaker 3: and think it's too good to be true.

1397
01:07:31,280 --> 01:07:33,760
Speaker 24: I think the world is very large, so I would

1398
01:07:33,760 --> 01:07:36,360
Speaker 24: not be surprised that there will be some diverse thoughts

1399
01:07:36,360 --> 01:07:40,040
Speaker 24: around that as well. But I do have to say

1400
01:07:40,120 --> 01:07:44,800
Speaker 24: that many who have tried it basically get very surprised

1401
01:07:44,800 --> 01:07:48,680
Speaker 24: with the efficacy and the benefits they receive. So for

1402
01:07:48,800 --> 01:07:52,200
Speaker 24: them and for many it has been maybe too good

1403
01:07:52,200 --> 01:07:52,720
Speaker 24: to be true.

1404
01:07:53,320 --> 01:07:55,200
Speaker 6: But the facts are the facts.

1405
01:07:55,240 --> 01:07:58,720
Speaker 24: These are well tested drugs that they have had for

1406
01:07:58,760 --> 01:08:01,600
Speaker 24: a long period of time, have proven their safety profile,

1407
01:08:02,120 --> 01:08:05,440
Speaker 24: and they have shown some real benefits to societies around

1408
01:08:05,440 --> 01:08:05,840
Speaker 24: the world.

1409
01:08:06,040 --> 01:08:07,400
Speaker 6: As the usage increases.

1410
01:08:08,160 --> 01:08:11,480
Speaker 3: Do we have, like, what do we know about the

1411
01:08:11,600 --> 01:08:14,920
Speaker 3: long term let's say, risks of using it for I

1412
01:08:14,920 --> 01:08:17,200
Speaker 3: don't know, let's say ten years, twenty years, thirty years.

1413
01:08:17,600 --> 01:08:19,320
Speaker 3: What do we know about what it does? Here in

1414
01:08:20,000 --> 01:08:21,280
Speaker 3: three decades.

1415
01:08:21,720 --> 01:08:24,519
Speaker 24: So we have actually been testing GIOPI wants over the

1416
01:08:24,600 --> 01:08:29,360
Speaker 24: last three decades. We started researching this class a long

1417
01:08:29,400 --> 01:08:33,080
Speaker 24: time ago, around three decades ago. We launched the first

1418
01:08:33,200 --> 01:08:35,960
Speaker 24: version of the Giopi won the daily injection under the

1419
01:08:36,080 --> 01:08:39,840
Speaker 24: name Victoza back in two thousand and eight, so that's

1420
01:08:39,840 --> 01:08:42,840
Speaker 24: already two decades ago, almost two decades ago. Where the

1421
01:08:43,360 --> 01:08:45,479
Speaker 24: official launch of the product was and then back in

1422
01:08:45,479 --> 01:08:50,880
Speaker 24: two thousand and fifteen there was the obesity version that

1423
01:08:51,080 --> 01:08:54,240
Speaker 24: was launched again, the Ones daily, followed by the Ones

1424
01:08:54,360 --> 01:08:59,679
Speaker 24: weekly diabetes product in two thousand and nineteen, and now

1425
01:08:59,720 --> 01:09:04,400
Speaker 24: more simply of course the weekly obesity version. So all

1426
01:09:04,439 --> 01:09:08,959
Speaker 24: along these have been coming to millions now of patients

1427
01:09:09,439 --> 01:09:13,320
Speaker 24: and they have to and their safety profile has well

1428
01:09:13,360 --> 01:09:14,760
Speaker 24: been tested and tolerated.

1429
01:09:15,520 --> 01:09:17,200
Speaker 3: Now, from a business point of view, how much of

1430
01:09:17,240 --> 01:09:19,479
Speaker 3: a problem is it for you guys that your patent

1431
01:09:19,600 --> 01:09:20,519
Speaker 3: runs out this year?

1432
01:09:21,960 --> 01:09:27,519
Speaker 24: Yeah, So as a pharmaceutical company, we embrace the patent

1433
01:09:27,760 --> 01:09:33,600
Speaker 24: system that a farmer company is rewarded back for decades

1434
01:09:33,760 --> 01:09:39,400
Speaker 24: long research investments by having an exclusivity of a decade

1435
01:09:39,520 --> 01:09:42,880
Speaker 24: or so on these products. When the exclusivity runs out,

1436
01:09:42,960 --> 01:09:47,920
Speaker 24: we also welcome that the products become affordable and go

1437
01:09:48,040 --> 01:09:52,519
Speaker 24: to a broader audience for access. And as long as

1438
01:09:52,920 --> 01:09:58,240
Speaker 24: our company is able to innovate continuously, then I think

1439
01:09:58,240 --> 01:09:59,920
Speaker 24: this is a really good system. And we've had a

1440
01:10:00,080 --> 01:10:03,200
Speaker 24: history of one hundred plus years where we have embraced this.

1441
01:10:03,640 --> 01:10:07,439
Speaker 24: So I sit here today as the CEO of the

1442
01:10:07,479 --> 01:10:13,880
Speaker 24: company embracing this. Also when this goes into Loe, knowing

1443
01:10:13,960 --> 01:10:18,600
Speaker 24: and feeling that we are going to reinvent and reinnovate

1444
01:10:18,920 --> 01:10:24,240
Speaker 24: once again and allowing this generations of the products to

1445
01:10:24,280 --> 01:10:27,240
Speaker 24: become even more accessible past that period.

1446
01:10:27,760 --> 01:10:31,280
Speaker 3: And for we goov, I mean we you know, a whole

1447
01:10:31,240 --> 01:10:33,679
Speaker 3: bunch people I would imagine who don't have the money

1448
01:10:33,680 --> 01:10:36,599
Speaker 3: to stretch to Wegovy, we'll go for the generic option instead.

1449
01:10:36,640 --> 01:10:38,080
Speaker 3: Will you have to drop the price of We'll go

1450
01:10:38,200 --> 01:10:39,360
Speaker 3: be down? If so, by how.

1451
01:10:39,360 --> 01:10:43,920
Speaker 6: Much are you speaking for after the loe?

1452
01:10:44,400 --> 01:10:44,679
Speaker 8: Yes?

1453
01:10:45,600 --> 01:10:48,120
Speaker 24: Yeah, that's you know, the eloye of the product is

1454
01:10:48,120 --> 01:10:52,640
Speaker 24: in early thirty so twenty thirty one, thirty two, and

1455
01:10:53,360 --> 01:10:56,439
Speaker 24: I would leave the pricing policy of that decade to

1456
01:10:56,520 --> 01:10:58,479
Speaker 24: a bit later on then right now get into it.

1457
01:10:58,520 --> 01:11:03,559
Speaker 24: But we are able to compete even when our products

1458
01:11:03,560 --> 01:11:07,479
Speaker 24: go generic, as we have shown with insolins Today, Nova

1459
01:11:07,520 --> 01:11:11,760
Speaker 24: Nordisk produces half of the world's insulin and we are

1460
01:11:11,760 --> 01:11:16,320
Speaker 24: a leader of the latest, most innovative weekly let's say insulin.

1461
01:11:16,720 --> 01:11:19,600
Speaker 24: But we also provide the world with human insulin, a

1462
01:11:19,640 --> 01:11:24,160
Speaker 24: product that was created forty years ago, and it's well generous,

1463
01:11:24,280 --> 01:11:28,880
Speaker 24: genera generous into generic versions. And when you think about

1464
01:11:29,240 --> 01:11:32,880
Speaker 24: countries like India or China, where we compete with our

1465
01:11:32,920 --> 01:11:38,120
Speaker 24: insulin products land of generics. We have the lion's share

1466
01:11:38,120 --> 01:11:40,240
Speaker 24: of the market share in those markets because we are

1467
01:11:40,280 --> 01:11:45,559
Speaker 24: able to sell those products competitively with those who are

1468
01:11:45,640 --> 01:11:48,720
Speaker 24: selling the generic versions of it. But again we do

1469
01:11:48,800 --> 01:11:52,759
Speaker 24: that proudly while also having the innovative products into the market.

1470
01:11:53,720 --> 01:11:55,880
Speaker 3: Mike, thank you so much for you time. Enjoy Australia.

1471
01:11:55,880 --> 01:12:01,240
Speaker 3: That's Mike Dustat who is the Novo NORDESK CEO. Listen.

1472
01:12:01,680 --> 01:12:03,599
Speaker 3: I meant to tell you this a lot earlier actually

1473
01:12:03,600 --> 01:12:05,519
Speaker 3: in the program, but you know, better late than never,

1474
01:12:05,560 --> 01:12:09,200
Speaker 3: as they say, so, I literally had to wait until

1475
01:12:09,240 --> 01:12:12,040
Speaker 3: probably about four o'clock this afternoon to finally get a

1476
01:12:12,080 --> 01:12:15,200
Speaker 3: message from the Minister's office as to what happens with

1477
01:12:15,240 --> 01:12:19,120
Speaker 3: the refugees. Remember we spoke to the Immigration at lawyer

1478
01:12:19,200 --> 01:12:22,120
Speaker 3: yesterday and she couldn't answer the question if an asylum

1479
01:12:22,120 --> 01:12:24,240
Speaker 3: seeker commits a crime in this country before they've been

1480
01:12:24,280 --> 01:12:27,280
Speaker 3: given refugee status, what happens then do we give them

1481
01:12:27,320 --> 01:12:29,800
Speaker 3: refugee Well, obviously don't give them refugee status, but can

1482
01:12:29,840 --> 01:12:31,280
Speaker 3: you then get rid of them? Because can you then

1483
01:12:31,320 --> 01:12:32,840
Speaker 3: send them back to the place that they came from

1484
01:12:32,840 --> 01:12:34,280
Speaker 3: if they're going to get killed by the people over

1485
01:12:34,280 --> 01:12:36,760
Speaker 3: there apparently. And the lawyer couldn't answer the question, so

1486
01:12:36,760 --> 01:12:39,400
Speaker 3: we went back to the minister's office. They really struggled

1487
01:12:39,439 --> 01:12:42,000
Speaker 3: to answer this question. Got back to us around about

1488
01:12:42,000 --> 01:12:46,320
Speaker 3: four o'clock today. It turns out, yes, the Department of

1489
01:12:46,439 --> 01:12:49,479
Speaker 3: Internal Affairs will, once they have decided not to grant

1490
01:12:49,520 --> 01:12:54,040
Speaker 3: the refugee status, try to deport them. And I think

1491
01:12:54,240 --> 01:12:57,320
Speaker 3: try is doing a lot of heavy lifting in that sentence.

1492
01:12:57,520 --> 01:12:58,479
Speaker 3: Fourteen past six.

1493
01:12:59,400 --> 01:13:03,880
Speaker 2: It's the Duplessy Allen Drive Full Show podcast on iHeartRadio,

1494
01:13:03,960 --> 01:13:09,959
Speaker 2: empowered by Newstalks EBB, crudging the numbers and getting the results.

1495
01:13:10,160 --> 01:13:13,479
Speaker 2: It's Heather Duplessy Allen on the Business Hour with mass

1496
01:13:13,600 --> 01:13:15,000
Speaker 2: Insurance and Investments.

1497
01:13:15,160 --> 01:13:18,080
Speaker 1: Your futures in good hands. Used talks EDB.

1498
01:13:18,880 --> 01:13:20,760
Speaker 3: Heather up to thirty percent of weight loss on these

1499
01:13:20,840 --> 01:13:22,960
Speaker 3: drugs as muscle and bone. If you come off the drug,

1500
01:13:23,000 --> 01:13:24,960
Speaker 3: you will regain about fifty percent of the weight that

1501
01:13:25,000 --> 01:13:27,679
Speaker 3: you lost, sometimes more as fat. We need balanced experts

1502
01:13:27,680 --> 01:13:29,439
Speaker 3: to advise on the use of these drugs. Well, actually

1503
01:13:30,640 --> 01:13:33,120
Speaker 3: this is not at all contradicting what you've said, it's

1504
01:13:33,200 --> 01:13:36,559
Speaker 3: building on it. The last research I saw suggested that

1505
01:13:36,600 --> 01:13:38,840
Speaker 3: you put on all of the weight one hundred percent

1506
01:13:39,000 --> 01:13:41,599
Speaker 3: within about twelve to fourteen months, so you really have

1507
01:13:41,680 --> 01:13:44,839
Speaker 3: to work hard to keep it off. Seventeen past six.

1508
01:13:46,600 --> 01:13:50,160
Speaker 1: The Rural Report on Hither Duplessy Allen Drive.

1509
01:13:50,240 --> 01:13:53,400
Speaker 3: Jamie Mackay Hosts of the Countries with us Alo Jamie.

1510
01:13:53,439 --> 01:13:54,000
Speaker 1: Hello, Heather.

1511
01:13:54,600 --> 01:13:57,880
Speaker 25: Just on those weight loss drugs. They are the likes

1512
01:13:57,880 --> 01:14:00,240
Speaker 25: of a zempa and those sort of drugs very good

1513
01:14:00,280 --> 01:14:02,800
Speaker 25: for dairy farming. There's been a bit of a boom

1514
01:14:02,880 --> 01:14:05,320
Speaker 25: in the demand for protein, and I understand that is

1515
01:14:05,360 --> 01:14:09,479
Speaker 25: because younger people using the weight loss drugs don't want

1516
01:14:09,520 --> 01:14:12,160
Speaker 25: to lose muscle mass, so they're bulking up on the protein.

1517
01:14:12,240 --> 01:14:14,759
Speaker 25: So there you go. Every cloud has its silver lining.

1518
01:14:15,240 --> 01:14:16,479
Speaker 3: Yeah, that's absolutely right.

1519
01:14:16,560 --> 01:14:16,720
Speaker 2: Now.

1520
01:14:17,600 --> 01:14:20,280
Speaker 3: Speaking of farming obviously, because it's you. How do you

1521
01:14:20,320 --> 01:14:23,040
Speaker 3: think the heinz Wats thing is going, especially in christ

1522
01:14:23,040 --> 01:14:24,560
Speaker 3: You're just going to affect the farmers.

1523
01:14:25,080 --> 01:14:28,040
Speaker 25: Well, it's interesting. I was reading a story somewhere and

1524
01:14:28,080 --> 01:14:33,000
Speaker 25: I can't even credit the source, unfortunately, Heather, because I've forgotten. Look,

1525
01:14:33,080 --> 01:14:36,519
Speaker 25: roughly two hundred and twenty that's quite a number of growers.

1526
01:14:36,560 --> 01:14:40,719
Speaker 25: Pea and vegetable growers will be affected by the Heinz

1527
01:14:40,760 --> 01:14:44,519
Speaker 25: Watty decision to hold production of frozen vegetables at their

1528
01:14:44,600 --> 01:14:49,240
Speaker 25: christ Church factory. As a result, we're seeing more interest

1529
01:14:49,400 --> 01:14:52,320
Speaker 25: in going from arable which isn't paying very well at

1530
01:14:52,320 --> 01:14:56,440
Speaker 25: the moment, to dairy farming. There's been an uptick in conversions.

1531
01:14:57,880 --> 01:15:01,960
Speaker 25: Just looking around those numbers, I think something like depending

1532
01:15:01,960 --> 01:15:05,000
Speaker 25: on who you believe, anything from twenty five to fifty

1533
01:15:05,040 --> 01:15:09,960
Speaker 25: conversions are taking place across Canterbury. Resource consent is no

1534
01:15:10,080 --> 01:15:12,640
Speaker 25: longer needed for a dairy conversion. If you've got an

1535
01:15:12,680 --> 01:15:16,880
Speaker 25: existing farming practice that qualifies, but you do need a

1536
01:15:17,000 --> 01:15:20,040
Speaker 25: resource consent for your effluent discharge. So this is how

1537
01:15:20,080 --> 01:15:23,719
Speaker 25: they're figuring out how many conversions are happening in the province.

1538
01:15:23,720 --> 01:15:25,959
Speaker 25: It seems to be a bit of an imprecise science

1539
01:15:26,000 --> 01:15:30,720
Speaker 25: to me. So we've seen thirty two new affluent discharge consents.

1540
01:15:31,640 --> 01:15:35,120
Speaker 25: Three further consent applications were withdrawn, so that leaves us

1541
01:15:35,120 --> 01:15:38,800
Speaker 25: at thirty two. Another fifteen were lodged and are in

1542
01:15:38,840 --> 01:15:41,920
Speaker 25: the consenting process, so that's very close to fifty. My

1543
01:15:42,040 --> 01:15:45,560
Speaker 25: math has got that it's forty seven. Canterbury now a

1544
01:15:45,680 --> 01:15:50,559
Speaker 25: huge dairying industry, a dairying province should I say twenty

1545
01:15:50,560 --> 01:15:54,519
Speaker 25: percent of the country's cows are domiciled and between North

1546
01:15:54,560 --> 01:15:58,880
Speaker 25: and South Canterbury, twenty two percent of the country's milk

1547
01:15:58,920 --> 01:16:01,680
Speaker 25: solid production coming out of that region. Most of it

1548
01:16:01,760 --> 01:16:05,760
Speaker 25: is irrigated. Most of it's very high productive land. That

1549
01:16:05,880 --> 01:16:09,080
Speaker 25: Canterbury Plains land, especially when you put water on it,

1550
01:16:09,240 --> 01:16:11,599
Speaker 25: is great at growing things. So if you can't grow

1551
01:16:12,439 --> 01:16:17,679
Speaker 25: veggies and veggies and arable crops, maybe you can grow

1552
01:16:17,840 --> 01:16:22,040
Speaker 25: some milk and get some protein into those people taking

1553
01:16:22,040 --> 01:16:23,040
Speaker 25: the weight losstro.

1554
01:16:22,840 --> 01:16:25,000
Speaker 3: Most people there is a term for it, Jamie. It's

1555
01:16:25,000 --> 01:16:32,760
Speaker 3: come through on the text machine. They're called we're govy scarecrows. No,

1556
01:16:33,200 --> 01:16:35,080
Speaker 3: we don't need to cast dispersions. They want to look

1557
01:16:35,120 --> 01:16:37,559
Speaker 3: like that and they look wonderful. Okay, how's the confidence

1558
01:16:37,560 --> 01:16:38,439
Speaker 3: amongst the farmers.

1559
01:16:39,520 --> 01:16:43,320
Speaker 25: Well, the latest Rabobank or the first Rabobank Rural Confidence

1560
01:16:43,320 --> 01:16:45,519
Speaker 25: Survey is out for the year now. I don't think

1561
01:16:45,520 --> 01:16:47,720
Speaker 25: any of this fell in, or very little of it

1562
01:16:47,760 --> 01:16:49,920
Speaker 25: fell in since the start of the war. And I've

1563
01:16:49,920 --> 01:16:53,160
Speaker 25: been listening to you talking about the fuel crisis across

1564
01:16:53,200 --> 01:16:55,320
Speaker 25: the Tasman. I was talking to my guy over there

1565
01:16:55,360 --> 01:16:58,519
Speaker 25: today and ain't good. They're worse off than we are,

1566
01:16:58,640 --> 01:17:03,080
Speaker 25: so just inching up. We've had net positive readings and

1567
01:17:03,120 --> 01:17:07,240
Speaker 25: farmer confidence in the last seven quarters dating back to

1568
01:17:07,280 --> 01:17:13,040
Speaker 25: September twenty twenty four. Not Surprisingly, higher commodity prices at

1569
01:17:13,160 --> 01:17:16,559
Speaker 25: fifty two percent of respondents was cited as the major

1570
01:17:16,720 --> 01:17:22,280
Speaker 25: source of optimism, and not surprisingly rising input costs thirty

1571
01:17:22,320 --> 01:17:25,639
Speaker 25: two percent was the most prominent reason given by those

1572
01:17:25,680 --> 01:17:29,479
Speaker 25: farmers with a negative outlook. Obviously that number will get

1573
01:17:29,560 --> 01:17:32,479
Speaker 25: higher since the advent of this war in the Middle East.

1574
01:17:32,560 --> 01:17:36,559
Speaker 25: In the Middle East. Now, despite the small drop in

1575
01:17:36,720 --> 01:17:40,439
Speaker 25: some farmer confidence, not all right across the board, but

1576
01:17:40,520 --> 01:17:44,840
Speaker 25: some sheep and beef farmers continue to be the most optimistic.

1577
01:17:45,400 --> 01:17:48,439
Speaker 25: Dairy farmers and horticulturists are now more upbeat about their

1578
01:17:48,479 --> 01:17:51,800
Speaker 25: prospects than they were late last year. No surprise to

1579
01:17:51,800 --> 01:17:55,360
Speaker 25: see the dairy farmers more optimistic. Heather nine falls to

1580
01:17:55,400 --> 01:18:00,000
Speaker 25: finish off twenty twenty five and the GDT including Wednesdays

1581
01:18:00,080 --> 01:18:05,040
Speaker 25: zero point one percent lift. We've had six positive auctions

1582
01:18:05,040 --> 01:18:08,080
Speaker 25: to kick off twenty twenty six. And maybe between the

1583
01:18:08,120 --> 01:18:11,960
Speaker 25: white loss drugs and the correlation between whole milk powder

1584
01:18:12,080 --> 01:18:15,840
Speaker 25: and oil prices, maybe dairy farming's the business to be in.

1585
01:18:16,520 --> 01:18:19,000
Speaker 3: Yeah, sounds like it. Thank you very much, Jammie, look

1586
01:18:19,000 --> 01:18:21,200
Speaker 3: after yourself. Jamie McKay Hosts of the Country. By the way,

1587
01:18:21,320 --> 01:18:24,719
Speaker 3: big day for Disney. Bob Iger has officially officially stepped

1588
01:18:24,720 --> 01:18:27,240
Speaker 3: down as the CEO today. He's been there twenty years.

1589
01:18:28,400 --> 01:18:30,439
Speaker 3: It's a big deal because he's only the third person

1590
01:18:30,479 --> 01:18:32,880
Speaker 3: to lead Disney in recent decades and he's handed over

1591
01:18:32,920 --> 01:18:36,519
Speaker 3: to the new chap, Josh de Mario tomorrow. Tomorrow anyway,

1592
01:18:36,520 --> 01:18:38,719
Speaker 3: whatever we'll learn to say, because he'll probably stick around

1593
01:18:38,720 --> 01:18:40,960
Speaker 3: for a long time too. Six twenty two.

1594
01:18:41,080 --> 01:18:44,679
Speaker 2: Whether it's macro micro or just plain economics, it's all

1595
01:18:44,800 --> 01:18:47,720
Speaker 2: on the Business Hour with and the duperic Alan and

1596
01:18:47,960 --> 01:18:51,240
Speaker 2: MAS insurance and investments, Your futures.

1597
01:18:50,840 --> 01:18:54,200
Speaker 1: In good hands, News talksb Yeather.

1598
01:18:54,280 --> 01:18:56,840
Speaker 3: The deportation of asylum bludgers who have committed crimes here

1599
01:18:56,840 --> 01:19:01,080
Speaker 3: should be mandatory, the scot sent to me today and

1600
01:19:01,080 --> 01:19:03,000
Speaker 3: I thought, actually that is quite interesting. It's an interesting

1601
01:19:03,040 --> 01:19:05,719
Speaker 3: case of a company owner who skipped the country to Canada,

1602
01:19:05,960 --> 01:19:08,280
Speaker 3: gone to Canada to avoid a tax bill. So the

1603
01:19:08,400 --> 01:19:11,559
Speaker 3: chap was the owner of Darta Engineering, which is based

1604
01:19:11,560 --> 01:19:14,280
Speaker 3: in Queenstown and Dunedin and is now shut up, basically

1605
01:19:14,400 --> 01:19:16,320
Speaker 3: to be shut up for the last three months. Chaps

1606
01:19:16,360 --> 01:19:18,920
Speaker 3: dam is Reagan Morris Williamson, not to be confused with

1607
01:19:18,960 --> 01:19:21,880
Speaker 3: ol Morris Williamson, and as far as I know, not

1608
01:19:22,000 --> 01:19:24,960
Speaker 3: father and son, because Morris's son is in the Middle East,

1609
01:19:25,080 --> 01:19:29,040
Speaker 3: So don't know who Reagan is, but Reagan Williamson. He

1610
01:19:29,120 --> 01:19:32,680
Speaker 3: got sent a letter by Ird. It sounds like roundabout November,

1611
01:19:33,240 --> 01:19:35,080
Speaker 3: and his tax bill at the stage was so out

1612
01:19:35,080 --> 01:19:38,280
Speaker 3: of hand that Ird was summoning him to court to

1613
01:19:38,320 --> 01:19:41,640
Speaker 3: get him to pay his tax. So he kept it.

1614
01:19:41,720 --> 01:19:43,519
Speaker 3: He kept it quiet from the sounds of things, kept

1615
01:19:43,520 --> 01:19:45,040
Speaker 3: it quiet from the staff and so on, but went

1616
01:19:45,080 --> 01:19:47,360
Speaker 3: to see his families, said, oh, I'm off on holiday

1617
01:19:47,400 --> 01:19:50,680
Speaker 3: to see the wife's family in Canada in December, and

1618
01:19:50,680 --> 01:19:53,120
Speaker 3: then he just never came back. And subsequently we can

1619
01:19:53,160 --> 01:19:55,280
Speaker 3: see he set up a company over in Canada, so

1620
01:19:55,360 --> 01:19:57,639
Speaker 3: he's obvious, which went live in December, so he's obviously

1621
01:19:57,720 --> 01:20:00,840
Speaker 3: living his good life there. He owes Ird more than

1622
01:20:00,840 --> 01:20:05,519
Speaker 3: one point nine million dollars one point nine million dollars

1623
01:20:05,760 --> 01:20:09,800
Speaker 3: in taxes. How did Ird let it get that? Bat like?

1624
01:20:09,880 --> 01:20:11,840
Speaker 3: Surely once you click over the one million mark, we

1625
01:20:12,000 --> 01:20:13,880
Speaker 3: got well, I would say if you kick click over

1626
01:20:13,880 --> 01:20:16,439
Speaker 3: the five hundred thou mark, we'd be like m but

1627
01:20:16,520 --> 01:20:19,080
Speaker 3: of a problem anyway. There's another case of it in

1628
01:20:19,080 --> 01:20:22,160
Speaker 3: the media today. Auckland based Asian fusion French bakery Luna

1629
01:20:22,200 --> 01:20:24,840
Speaker 3: All Day, which is a new market and Takapuna went

1630
01:20:24,840 --> 01:20:27,360
Speaker 3: into liquidation ten days ago, has an alleged tax bill

1631
01:20:27,400 --> 01:20:30,479
Speaker 3: of more than six hundred and twenty thousand dollars. Six

1632
01:20:30,520 --> 01:20:32,559
Speaker 3: hundred and twenty thousand dollars for a bakery. I would

1633
01:20:32,560 --> 01:20:36,200
Speaker 3: have thought it's quite high in both cases. How did IID?

1634
01:20:36,400 --> 01:20:38,760
Speaker 3: I feel like IID needs to drop the bar right

1635
01:20:38,800 --> 01:20:41,160
Speaker 3: down before they start summoning people and freaking out. What

1636
01:20:41,200 --> 01:20:42,519
Speaker 3: do you think? Six twenty six.

1637
01:20:43,160 --> 01:20:46,440
Speaker 1: There's no business like show business.

1638
01:20:48,960 --> 01:20:51,759
Speaker 3: To get a load of this. Hollywood is resurrecting Val Kilma.

1639
01:20:52,120 --> 01:20:53,800
Speaker 3: Now Val is dead. You know, he's dead because he

1640
01:20:53,840 --> 01:20:55,600
Speaker 3: had the throat cancer. But he's going to make a

1641
01:20:55,640 --> 01:20:57,880
Speaker 3: return in an indie film that's called As Deep as

1642
01:20:57,880 --> 01:21:01,240
Speaker 3: the Grave. They were making this before his diagnosis and death.

1643
01:21:01,520 --> 01:21:03,400
Speaker 3: So what they're doing is they're using the AI to

1644
01:21:03,400 --> 01:21:05,160
Speaker 3: make him come back. His family are fine with it.

1645
01:21:05,160 --> 01:21:07,679
Speaker 3: They've given they've given the film the green light. It's

1646
01:21:07,720 --> 01:21:10,360
Speaker 3: not the first time AI has helped Val Kilmer because

1647
01:21:10,360 --> 01:21:12,640
Speaker 3: remember when he was in Top Gun Maverick, he had

1648
01:21:12,680 --> 01:21:15,639
Speaker 3: a funny voice and that was AI had helped restore

1649
01:21:15,640 --> 01:21:18,120
Speaker 3: his voice because cancer had made it go really wear it.

1650
01:21:18,479 --> 01:21:20,639
Speaker 3: And it's not the first time Hollywood has done something

1651
01:21:20,680 --> 01:21:23,680
Speaker 3: like this. Peter Koshing returned as Grand Moth Tarkin in

1652
01:21:23,760 --> 01:21:26,280
Speaker 3: Rogue one in twenty sixteen using CGI, and that was

1653
01:21:26,320 --> 01:21:29,360
Speaker 3: decades after his death. And then Paul Walker came back

1654
01:21:29,439 --> 01:21:31,479
Speaker 3: in Fast and Furious seven because remember he had the

1655
01:21:31,479 --> 01:21:34,280
Speaker 3: fatal car crash, but they need to keep filming, so

1656
01:21:34,360 --> 01:21:36,120
Speaker 3: God his brother in as a body double and then

1657
01:21:36,200 --> 01:21:39,680
Speaker 3: used face replacement technology. In Val Kilner's case, what is

1658
01:21:39,680 --> 01:21:42,280
Speaker 3: interesting is he hasn't shot a single film for this flick,

1659
01:21:42,439 --> 01:21:43,880
Speaker 3: but he's still going to be in a major role

1660
01:21:43,960 --> 01:21:47,840
Speaker 3: and the first still has dropped very convincing but obviously

1661
01:21:47,920 --> 01:21:50,240
Speaker 3: moving pictures. That's going to be slightly different, but there

1662
01:21:50,280 --> 01:21:53,680
Speaker 3: you go, something different happening in Hollywood. Sam Dicky is

1663
01:21:53,720 --> 01:21:55,639
Speaker 3: with us next to talk us through what is going

1664
01:21:55,680 --> 01:21:56,879
Speaker 3: on with the oil crisis.

1665
01:21:56,960 --> 01:22:04,960
Speaker 2: News next everything from SMEs to the big corporates.

1666
01:22:05,120 --> 01:22:08,680
Speaker 1: The Business Hour with Heather Duplicy, Allen and Mass.

1667
01:22:08,479 --> 01:22:12,799
Speaker 2: Insurance and investments, your futures in good hands used talks,

1668
01:22:12,800 --> 01:22:13,120
Speaker 2: i'd be.

1669
01:22:20,560 --> 01:22:22,920
Speaker 3: I actually think I've even addressed the question about the

1670
01:22:24,040 --> 01:22:26,000
Speaker 3: fuel jet, the jet fuel Goodness me, what am I

1671
01:22:26,000 --> 01:22:27,519
Speaker 3: doing with the fuel jet the jet fueld? So we'll

1672
01:22:27,520 --> 01:22:29,559
Speaker 3: get to that shortly. Also, Indo Brady is with us

1673
01:22:29,560 --> 01:22:31,519
Speaker 3: out of the UK as per right now, it's twenty

1674
01:22:31,560 --> 01:22:34,040
Speaker 3: four away from seven. Now. We were talking last week

1675
01:22:34,080 --> 01:22:36,280
Speaker 3: about how the US had been sprinting while New Zealand

1676
01:22:36,360 --> 01:22:38,320
Speaker 3: was on the stretcher and Australia was stuck on a

1677
01:22:38,320 --> 01:22:40,479
Speaker 3: bit of a treadmill. Last night the FED held the

1678
01:22:40,479 --> 01:22:43,040
Speaker 3: state the rates steady, but there was a bit going

1679
01:22:43,080 --> 01:22:44,880
Speaker 3: on under the hood, so let's delve into that with

1680
01:22:44,920 --> 01:22:47,080
Speaker 3: Sam Dickey, who was with us, obviously from Fisher Funds.

1681
01:22:47,120 --> 01:22:50,880
Speaker 3: I sam hey either. So the FED kept the rates

1682
01:22:50,880 --> 01:22:53,880
Speaker 3: on hold, which was expected. What's the headline do you

1683
01:22:53,920 --> 01:22:55,080
Speaker 3: think from Jerome Powell?

1684
01:22:56,760 --> 01:23:00,840
Speaker 26: I think it was the uncertainty So no prize on rates.

1685
01:23:00,840 --> 01:23:04,599
Speaker 26: The more interesting thing was what they call the dot plot,

1686
01:23:04,600 --> 01:23:07,160
Speaker 26: where every Fed governor is a dot. It's really their

1687
01:23:07,200 --> 01:23:11,839
Speaker 26: own forecast, consensus forecasts where rates are heating and there's still penciling.

1688
01:23:12,160 --> 01:23:15,000
Speaker 26: Just one rate cut this year, but half of the

1689
01:23:15,000 --> 01:23:17,479
Speaker 26: committee now sees no cuts at all, or even a hike,

1690
01:23:18,040 --> 01:23:21,000
Speaker 26: So that really makes that one projected cut look quite precarious.

1691
01:23:21,000 --> 01:23:25,000
Speaker 26: And Power was pretty candid. He said, we basically said,

1692
01:23:25,000 --> 01:23:27,599
Speaker 26: I'm paraphrasing here. If we were ever going to skip

1693
01:23:27,640 --> 01:23:31,800
Speaker 26: publishing forecasts, this would be the meeting nobody knows on

1694
01:23:31,800 --> 01:23:32,840
Speaker 26: Iran or oil.

1695
01:23:34,360 --> 01:23:36,360
Speaker 3: Now, the point that you make is that the FED

1696
01:23:36,439 --> 01:23:39,040
Speaker 3: is caught between two fires. One fire is inflation and

1697
01:23:39,080 --> 01:23:41,360
Speaker 3: the other fire is the softer labor market. What's the

1698
01:23:41,400 --> 01:23:44,080
Speaker 3: dilemma and how does that differ from Aussie.

1699
01:23:45,400 --> 01:23:47,760
Speaker 26: Well, it is a bit of a policy trap. We

1700
01:23:47,800 --> 01:23:49,680
Speaker 26: definitely don't want to use that word stab inflation. We

1701
01:23:49,680 --> 01:23:52,080
Speaker 26: can talk about that in a minute. But oil's pushing

1702
01:23:52,080 --> 01:23:55,120
Speaker 26: inflation back up, but the labor market is softening. And

1703
01:23:55,160 --> 01:23:58,680
Speaker 26: Power said, risks to jobs point to lower rates and

1704
01:23:58,720 --> 01:24:02,160
Speaker 26: that's why, overall all they're still penciling in one more

1705
01:24:02,240 --> 01:24:04,920
Speaker 26: rate cut. But they're really sitting on a knife edge there.

1706
01:24:04,920 --> 01:24:08,080
Speaker 26: And the RBA, we talked about it last week. Australia

1707
01:24:08,560 --> 01:24:10,960
Speaker 26: they have seen a more inflationary environment and since we

1708
01:24:11,160 --> 01:24:14,880
Speaker 26: last talked they've raised rates and that cash rate now

1709
01:24:14,920 --> 01:24:17,639
Speaker 26: over there is within a whisker of the highest scene

1710
01:24:17,640 --> 01:24:19,880
Speaker 26: in twenty twenty three, So it really shows you how

1711
01:24:19,960 --> 01:24:23,880
Speaker 26: different these two economies are tracking and the two sort

1712
01:24:23,920 --> 01:24:26,519
Speaker 26: of overnight rate trajectories are tracking.

1713
01:24:27,760 --> 01:24:28,000
Speaker 4: Now.

1714
01:24:28,160 --> 01:24:31,000
Speaker 3: He was asked directly about stagflation and his own future.

1715
01:24:31,000 --> 01:24:31,680
Speaker 3: What did you make of what?

1716
01:24:31,720 --> 01:24:35,639
Speaker 26: He said, Yeah, two pretty tough questions for central bankers

1717
01:24:35,680 --> 01:24:40,360
Speaker 26: to X. Stagflation is the nightmare scenario. And clearly his

1718
01:24:40,439 --> 01:24:43,479
Speaker 26: succession has caught a lot of headlines with him and

1719
01:24:43,640 --> 01:24:46,479
Speaker 26: President Trump. But on stack stagflation, he really did push

1720
01:24:46,520 --> 01:24:49,960
Speaker 26: back firmly. It is a scary word for central bankers,

1721
01:24:50,160 --> 01:24:52,479
Speaker 26: and he said he'd reserve that word for the nineteen

1722
01:24:52,560 --> 01:24:56,679
Speaker 26: seventies where we saw double digit unemployment and double digit inflation,

1723
01:24:56,720 --> 01:24:59,040
Speaker 26: and that's not where we are today, where it is

1724
01:24:59,160 --> 01:25:03,000
Speaker 26: slightly uncomfortable position, but nothing like that. Hon a succession

1725
01:25:03,520 --> 01:25:06,719
Speaker 26: we know as term ends on May the fifteenth, Trump's

1726
01:25:06,720 --> 01:25:09,640
Speaker 26: nominated WSH to replace him, but that's been blocked in

1727
01:25:09,680 --> 01:25:15,160
Speaker 26: the Senate over an investigation into the Fed's building renovations.

1728
01:25:16,040 --> 01:25:19,120
Speaker 26: Really and how said he will stay on temporarily if

1729
01:25:19,600 --> 01:25:23,040
Speaker 26: Wash isn't confirmed, which was actually appreciated by the market

1730
01:25:23,120 --> 01:25:26,120
Speaker 26: because a leadership vac hum of the world's most powerful

1731
01:25:26,120 --> 01:25:27,840
Speaker 26: central bank is not what anyone wants.

1732
01:25:28,240 --> 01:25:31,480
Speaker 3: Yeah, what does this all mean? Do you think for investors?

1733
01:25:32,600 --> 01:25:37,320
Speaker 26: I think Power essentially validated the stagflation light frame. Any

1734
01:25:37,360 --> 01:25:40,599
Speaker 26: pushed back on getting two over our skis on how

1735
01:25:40,640 --> 01:25:43,760
Speaker 26: severe it's going to be. And again, just like last week,

1736
01:25:44,360 --> 01:25:45,760
Speaker 26: broken record, we're going to keep an eye on that

1737
01:25:45,800 --> 01:25:48,280
Speaker 26: oil because the longer it gets entrenched, the longer the

1738
01:25:48,360 --> 01:25:53,280
Speaker 26: more likely it gets entrenched and inflation expectations.

1739
01:25:53,760 --> 01:25:54,640
Speaker 1: That the counter should have.

1740
01:25:54,680 --> 01:25:56,559
Speaker 26: Bit though, is market's ready a little bit after Power

1741
01:25:56,640 --> 01:26:00,800
Speaker 26: spoke because the Fed didn't panic, they didn't high can

1742
01:26:00,800 --> 01:26:03,759
Speaker 26: They said it signal steady hands. So sometimes no news

1743
01:26:03,800 --> 01:26:05,280
Speaker 26: really is good news for investors.

1744
01:26:06,160 --> 01:26:08,160
Speaker 3: Sam as always, thank you so much mate, that Sam

1745
01:26:08,160 --> 01:26:10,920
Speaker 3: Dickie for Chaffunds right now it's coming up twenty away

1746
01:26:10,920 --> 01:26:15,280
Speaker 3: from seven. Ever, do for ce Ellen's either the Canadian

1747
01:26:15,360 --> 01:26:18,879
Speaker 3: rooster who fled and said was he Canadian? Was he Canadian?

1748
01:26:18,960 --> 01:26:20,519
Speaker 3: Or was he a ki We? And then the wife

1749
01:26:20,560 --> 01:26:22,439
Speaker 3: was a Canadian anyway whatever for the purposes of the

1750
01:26:22,439 --> 01:26:24,960
Speaker 3: story is Canadian. And the Canadian rooster who fled and

1751
01:26:24,960 --> 01:26:26,960
Speaker 3: set up the new businesses copping it on reviews on

1752
01:26:27,720 --> 01:26:30,880
Speaker 3: is coppying it on reviews thankfully, I would agree because

1753
01:26:30,920 --> 01:26:33,559
Speaker 3: he owes us one point nine Mel, thanks very much. Here,

1754
01:26:33,600 --> 01:26:36,320
Speaker 3: the IID seemed to be operating a b kind philosophy

1755
01:26:36,320 --> 01:26:38,920
Speaker 3: in recent years and letting debt blow out exponentially, which is,

1756
01:26:38,960 --> 01:26:40,760
Speaker 3: as it turned out, not kind at all, because now

1757
01:26:40,760 --> 01:26:42,719
Speaker 3: they seem to have been instructed to collect the debt again.

1758
01:26:42,880 --> 01:26:45,000
Speaker 3: That is a very good point. So you can because

1759
01:26:45,000 --> 01:26:46,559
Speaker 3: at the time it made sense, you know, be kind,

1760
01:26:46,600 --> 01:26:49,040
Speaker 3: don't let the businesses tip over. But at some point,

1761
01:26:49,080 --> 01:26:51,120
Speaker 3: you know, chickens come home, don't they, and then the

1762
01:26:51,240 --> 01:26:53,960
Speaker 3: businesses tip over. Anyway, Hither there's an old saying, if

1763
01:26:54,000 --> 01:26:56,200
Speaker 3: you owe IID a thousand bucks, you have a problem.

1764
01:26:56,200 --> 01:26:58,439
Speaker 3: But if they owe you a million bucks, they have

1765
01:26:58,520 --> 01:27:01,519
Speaker 3: a problem. One point nine. They have a big problem.

1766
01:27:02,360 --> 01:27:05,960
Speaker 3: So jet fuel, So there is a warning that airlines

1767
01:27:06,000 --> 01:27:08,880
Speaker 3: if they start to cancel flights, apart from of course

1768
01:27:08,880 --> 01:27:11,160
Speaker 3: the New Zealand which just cancel some flights locally, if

1769
01:27:11,160 --> 01:27:12,840
Speaker 3: they start to cancel flights the flights, they're going to

1770
01:27:12,880 --> 01:27:15,040
Speaker 3: focus on the long haul flights, and it's going to

1771
01:27:15,080 --> 01:27:18,519
Speaker 3: start happening after Easter. The reason is because they have

1772
01:27:18,640 --> 01:27:22,200
Speaker 3: been warned they will have jet fuel shortages as soon

1773
01:27:22,200 --> 01:27:24,800
Speaker 3: as next month. And the problem is you might have

1774
01:27:24,880 --> 01:27:26,800
Speaker 3: jet fuel, like at the moment, we've got X y

1775
01:27:26,960 --> 01:27:29,360
Speaker 3: z number of days of jet fuel in New Zealand

1776
01:27:29,400 --> 01:27:31,920
Speaker 3: and it doesn't sound at all worrying, But what about

1777
01:27:31,960 --> 01:27:33,840
Speaker 3: where you're going to So you might have enough jet

1778
01:27:33,840 --> 01:27:36,360
Speaker 3: fuel to take you to I don't know, make up

1779
01:27:36,400 --> 01:27:38,800
Speaker 3: a location, but do you have enough jet fuel in

1780
01:27:38,840 --> 01:27:41,080
Speaker 3: that location to get back home to New Zealand? And

1781
01:27:41,080 --> 01:27:43,080
Speaker 3: there's your problem. So that's why it's the long haul

1782
01:27:43,080 --> 01:27:45,000
Speaker 3: flights they're going to look at. And there seems to

1783
01:27:45,040 --> 01:27:47,200
Speaker 3: be a problem with the jet fuel in particular because

1784
01:27:47,560 --> 01:27:50,240
Speaker 3: you can't really increase output quite as easily as you

1785
01:27:50,280 --> 01:27:52,960
Speaker 3: can apparently with the petrol and the diesel. Don't ask me,

1786
01:27:53,000 --> 01:27:55,559
Speaker 3: I don't understand, but this is just what's being reported anyway.

1787
01:27:55,720 --> 01:27:57,599
Speaker 3: Vietnam is the first country to move on this. They

1788
01:27:57,600 --> 01:28:00,559
Speaker 3: have already warned of possible flight cancelations from from April,

1789
01:28:00,600 --> 01:28:03,000
Speaker 3: and they are expecting in the coming days that this

1790
01:28:03,080 --> 01:28:05,880
Speaker 3: will start to increase as other countries move to do

1791
01:28:05,920 --> 01:28:10,000
Speaker 3: the same. Now, green Peace, I want to talk about

1792
01:28:10,040 --> 01:28:12,400
Speaker 3: green Peace just really quickly, okay, because I don't think

1793
01:28:12,400 --> 01:28:14,720
Speaker 3: anybody is surprised to what Greenpeace has done. This isn't

1794
01:28:14,720 --> 01:28:16,720
Speaker 3: their wheelhouse, if you haven't caught up on it. They're

1795
01:28:16,720 --> 01:28:19,800
Speaker 3: the ones who vandalized Chris Luxen's Electric office. So they've

1796
01:28:19,800 --> 01:28:22,840
Speaker 3: plastered it with lots of stickers of American flags and

1797
01:28:22,880 --> 01:28:25,080
Speaker 3: stuff like that, and pictures of Trump all over the show.

1798
01:28:25,120 --> 01:28:27,840
Speaker 3: And they've erected a sign that says Trump or Minerals

1799
01:28:28,040 --> 01:28:32,200
Speaker 3: HQ outside Ah. Very funny, and it's obviously protesting the

1800
01:28:32,200 --> 01:28:34,760
Speaker 3: fact that Trump wants to sign minerals deals around the

1801
01:28:34,760 --> 01:28:36,439
Speaker 3: world and we are one of the countries that are

1802
01:28:36,479 --> 01:28:38,960
Speaker 3: considering doing it now. It's not the most offensive thing

1803
01:28:39,040 --> 01:28:40,960
Speaker 3: you can do. Stickers can be removed, signs can be

1804
01:28:40,960 --> 01:28:43,280
Speaker 3: pulled out. It's not like they haven't really they haven't

1805
01:28:43,320 --> 01:28:46,160
Speaker 3: done the old red paint thing, which is much more offensive.

1806
01:28:46,160 --> 01:28:48,519
Speaker 3: But the police are investigating. But anyway, I just don't

1807
01:28:48,560 --> 01:28:51,880
Speaker 3: get it. I'm not entirely sure what it is that

1808
01:28:51,920 --> 01:28:56,120
Speaker 3: they are upset about. So I'm assuming that they're upset

1809
01:28:56,120 --> 01:28:59,679
Speaker 3: about about US mining rare earth minerals in the first place,

1810
01:28:59,720 --> 01:29:03,240
Speaker 3: and that would make sense, But then the thing is,

1811
01:29:03,800 --> 01:29:06,040
Speaker 3: you do need those rare earth minerals because if you

1812
01:29:06,080 --> 01:29:08,040
Speaker 3: want to save the climate, you need them for the

1813
01:29:08,080 --> 01:29:11,360
Speaker 3: solar panels. So you can't be upset Greenpeace about mining

1814
01:29:11,360 --> 01:29:13,639
Speaker 3: out the rare earth minerals because we literally need those

1815
01:29:13,680 --> 01:29:16,880
Speaker 3: to save the climate, don't we. So then I'm assuming, well,

1816
01:29:16,920 --> 01:29:19,439
Speaker 3: maybe they're upset about the fact that it's being used

1817
01:29:19,479 --> 01:29:23,960
Speaker 3: for war Trump's why. Yeah, maybe maybe so, And maybe

1818
01:29:23,960 --> 01:29:26,960
Speaker 3: they're upset about the fact that it's being that the

1819
01:29:27,040 --> 01:29:30,360
Speaker 3: dealer is with Trump as opposed to China. So I'm

1820
01:29:30,360 --> 01:29:33,040
Speaker 3: figuring that I think this is I think in the end,

1821
01:29:33,200 --> 01:29:35,320
Speaker 3: it's just kind of like a rule of everything that

1822
01:29:35,320 --> 01:29:37,800
Speaker 3: they're opposed to the fact that it's used for war,

1823
01:29:37,880 --> 01:29:39,760
Speaker 3: the fact that it's got anything to do with Donald Trump,

1824
01:29:39,800 --> 01:29:41,639
Speaker 3: but also the fact that it's got to do with mining.

1825
01:29:41,800 --> 01:29:44,200
Speaker 3: I'm just thinking it's just kind of like a giant

1826
01:29:45,160 --> 01:29:47,800
Speaker 3: recipe of all the things that are angry. But I

1827
01:29:47,840 --> 01:29:52,200
Speaker 3: don't think like I just think it's just it just

1828
01:29:52,280 --> 01:29:55,720
Speaker 3: doesn't I just want to point out to them that

1829
01:29:55,880 --> 01:29:58,000
Speaker 3: none of this makes very much sense, because if you're

1830
01:29:58,000 --> 01:30:01,400
Speaker 3: not selling them to Donald Trump, who a warmonger, then

1831
01:30:01,439 --> 01:30:04,160
Speaker 3: you're selling them to Jijingpang, who goes around slaughtering his

1832
01:30:04,200 --> 01:30:08,280
Speaker 3: own people or Chucksman detention centers up north. So no,

1833
01:30:08,520 --> 01:30:10,720
Speaker 3: neither of them is better than the other. And yeah,

1834
01:30:10,800 --> 01:30:12,360
Speaker 3: sure you might not like that they're gonna be used

1835
01:30:12,360 --> 01:30:14,000
Speaker 3: for war, but hey, what do you think China's going

1836
01:30:14,080 --> 01:30:15,760
Speaker 3: to do with it? And so in the end, I

1837
01:30:15,800 --> 01:30:18,600
Speaker 3: don't know, I mean, you know what I mean. It

1838
01:30:18,760 --> 01:30:20,200
Speaker 3: just you got to get them out of the ground

1839
01:30:20,200 --> 01:30:22,479
Speaker 3: for the climate. So stop complaining. You're gonna sell them.

1840
01:30:22,479 --> 01:30:24,960
Speaker 3: We're gonna sell them to your years. Stop complaining. Sixteen

1841
01:30:25,000 --> 01:30:25,639
Speaker 3: away from seven.

1842
01:30:26,360 --> 01:30:29,040
Speaker 1: Ever, it's to do with money. It matters to you.

1843
01:30:29,479 --> 01:30:33,560
Speaker 2: The Business Hour with Heather Duplicy Allen and Mas Insurance

1844
01:30:33,600 --> 01:30:34,440
Speaker 2: and investments.

1845
01:30:34,680 --> 01:30:38,960
Speaker 1: Your futures in good hands us talks'd be Heather.

1846
01:30:39,040 --> 01:30:40,880
Speaker 3: I just came from pack and Save and there's a

1847
01:30:40,920 --> 01:30:43,160
Speaker 3: run on flour and toilet paper, Thanks Brett. Can you

1848
01:30:43,200 --> 01:30:45,320
Speaker 3: believe it? It started already? They must have all read that

1849
01:30:45,360 --> 01:30:49,360
Speaker 3: Australian thing. Thirteen away from seven end of Brady, UK correspondent.

1850
01:30:49,360 --> 01:30:53,240
Speaker 27: Hello Ender, good Heather. Yeah, I'm getting flashbacks to COVID now.

1851
01:30:53,360 --> 01:30:55,040
Speaker 27: But toilet paper, my god?

1852
01:30:55,400 --> 01:30:57,680
Speaker 3: What's that? What's going on with you people? Are you

1853
01:30:57,760 --> 01:30:59,960
Speaker 3: freaking out about this? And starting to plant broccoli and

1854
01:31:00,080 --> 01:31:00,960
Speaker 3: bet garden as well.

1855
01:31:01,960 --> 01:31:04,599
Speaker 27: Not in the slightest Petrol hasn't even gone up here.

1856
01:31:04,640 --> 01:31:06,760
Speaker 27: I live in rural Oxfordshire and I went to get

1857
01:31:06,760 --> 01:31:09,559
Speaker 27: petrol the other day because I needed to get petrol.

1858
01:31:09,960 --> 01:31:10,280
Speaker 1: I was on.

1859
01:31:10,400 --> 01:31:12,679
Speaker 27: Empty and I said to the guy behind the counter,

1860
01:31:12,920 --> 01:31:15,240
Speaker 27: same price, and he just rolled his eyes. And there's

1861
01:31:15,280 --> 01:31:17,400
Speaker 27: no one else around. I was like, okay, right, there's

1862
01:31:17,439 --> 01:31:21,639
Speaker 27: clearly no panic here in stoken Church, but there we are.

1863
01:31:21,560 --> 01:31:24,559
Speaker 27: There's there's no panic anywhere. I mean in London. What

1864
01:31:24,640 --> 01:31:28,599
Speaker 27: people are most concerned about. There's a tube strike next Tuesday.

1865
01:31:28,720 --> 01:31:30,280
Speaker 27: That's what most people are worried about.

1866
01:31:30,720 --> 01:31:32,439
Speaker 3: Okay, well, I'm pleased to hear it. Okay, so we

1867
01:31:32,479 --> 01:31:34,640
Speaker 3: can all settle down. Now, what's the plan? Do we

1868
01:31:34,680 --> 01:31:36,920
Speaker 3: know yet? I mean you probably don't know, but they're

1869
01:31:36,960 --> 01:31:38,920
Speaker 3: going to concoct a plan, aren't they to open the strake?

1870
01:31:40,160 --> 01:31:44,000
Speaker 27: Yes, and the UK has already now dispatched military officers

1871
01:31:44,040 --> 01:31:46,479
Speaker 27: to the United States to help with this planning. Now,

1872
01:31:46,600 --> 01:31:49,840
Speaker 27: this is very interesting. Stamer doesn't want to get involved militarily.

1873
01:31:50,200 --> 01:31:53,160
Speaker 27: He is a lawyer, I think privately he does not

1874
01:31:53,280 --> 01:31:56,080
Speaker 27: think this war is in any way legal, so you're

1875
01:31:56,120 --> 01:31:59,799
Speaker 27: not seeing any tanks, troops, or planes or aircraft characters.

1876
01:32:00,160 --> 01:32:02,679
Speaker 27: Nothing is going to help the Americans in the Middle East.

1877
01:32:03,000 --> 01:32:05,840
Speaker 27: He has, however, dispatched some top brass to the United

1878
01:32:05,840 --> 01:32:08,559
Speaker 27: States to work out a plan to reopen the Strait

1879
01:32:08,560 --> 01:32:13,120
Speaker 27: of hor Muzz, which coincidentally, my TV show Today Roundtable,

1880
01:32:13,240 --> 01:32:15,719
Speaker 27: we filmed it about this, and we had an ex

1881
01:32:16,160 --> 01:32:19,760
Speaker 27: senior intelligence officer from the UK military and he said

1882
01:32:19,800 --> 01:32:22,800
Speaker 27: he has been wargaming this for thirty years and on

1883
01:32:22,840 --> 01:32:27,759
Speaker 27: every occasion, once the Strait of Hormuz remains closed, Iran wins.

1884
01:32:28,120 --> 01:32:30,000
Speaker 27: And I said, well, how do you reopen it? And

1885
01:32:30,000 --> 01:32:32,720
Speaker 27: he said, you put boots on the ground, which they

1886
01:32:32,720 --> 01:32:33,640
Speaker 27: clearly don't want to do.

1887
01:32:34,880 --> 01:32:36,559
Speaker 3: Okay, Well, what is going to happen with the King's

1888
01:32:36,640 --> 01:32:37,439
Speaker 3: visit to the US.

1889
01:32:38,560 --> 01:32:41,759
Speaker 27: It's going ahead, we're hearing today, it will go ahead

1890
01:32:41,800 --> 01:32:45,920
Speaker 27: next month. Several politicians here, labor and liberal Democrats, had

1891
01:32:46,120 --> 01:32:48,880
Speaker 27: said that there is no way King Charles can go

1892
01:32:48,960 --> 01:32:51,679
Speaker 27: to the United States while they are bombing schools in Iran.

1893
01:32:52,160 --> 01:32:55,559
Speaker 27: That appears to have been overruled. He is going a

1894
01:32:55,600 --> 01:32:58,559
Speaker 27: four day trip and basically the plan is Washington, DC,

1895
01:32:59,120 --> 01:33:01,800
Speaker 27: then one day in what is being described as a

1896
01:33:02,000 --> 01:33:05,840
Speaker 27: rural American location. Then he will go to New York City,

1897
01:33:05,880 --> 01:33:08,200
Speaker 27: and then there's talk of hitting a Caribbean island on

1898
01:33:08,240 --> 01:33:11,320
Speaker 27: the way home, part of the Commonwealth, possibly Bermuda. But

1899
01:33:11,720 --> 01:33:13,400
Speaker 27: Charles is going to America.

1900
01:33:13,960 --> 01:33:16,479
Speaker 3: Okay, well, I'm pleased to hear that. That's at least something.

1901
01:33:16,920 --> 01:33:19,080
Speaker 3: But this meningitis has got beat and now it's in

1902
01:33:19,120 --> 01:33:20,080
Speaker 3: a second uni.

1903
01:33:21,000 --> 01:33:23,599
Speaker 27: Yes again in the town of Canterbury. So the University

1904
01:33:23,600 --> 01:33:26,400
Speaker 27: of Kent had one case and it's all linked to

1905
01:33:26,600 --> 01:33:30,519
Speaker 27: a nightclub event on the fifth of March and there

1906
01:33:30,560 --> 01:33:33,200
Speaker 27: are reports that a lot of young people were sharing

1907
01:33:33,400 --> 01:33:37,559
Speaker 27: vapes in close proximity and that is how the outbreak started.

1908
01:33:37,760 --> 01:33:40,519
Speaker 27: We're now up to twenty cases and the latest case

1909
01:33:40,520 --> 01:33:43,439
Speaker 27: has been confirmed at the other university in the town

1910
01:33:43,479 --> 01:33:47,240
Speaker 27: of Canterbury. So we've got twenty cases, eleven people in

1911
01:33:47,320 --> 01:33:50,719
Speaker 27: hospital and tragically two young people have lost their lives.

1912
01:33:50,720 --> 01:33:54,920
Speaker 27: It's meningitis B. They are now offering a vaccine and antibiotics.

1913
01:33:55,560 --> 01:33:58,040
Speaker 27: But a lot of young people leaving university early for

1914
01:33:58,080 --> 01:33:59,960
Speaker 27: Eastern and just getting home to their families.

1915
01:34:00,280 --> 01:34:02,519
Speaker 3: Yeah, I can understand that. Hey, thank you Enda. As always,

1916
01:34:02,560 --> 01:34:09,040
Speaker 3: we'll talk to our us correspondent and wondering if I

1917
01:34:09,040 --> 01:34:10,559
Speaker 3: should stress you out at the end of the show.

1918
01:34:10,560 --> 01:34:14,040
Speaker 3: But yeah, come on, then get a load of WHATNEE

1919
01:34:14,040 --> 01:34:17,920
Speaker 3: has been up to. Newa has been busted paying four

1920
01:34:18,000 --> 01:34:21,000
Speaker 3: hundred and fifty thousand dollars to make a video game,

1921
01:34:21,479 --> 01:34:24,000
Speaker 3: so they didn't they didn't want to, for obvious reasons,

1922
01:34:24,000 --> 01:34:25,600
Speaker 3: fess up to the fact that they'd done this, But

1923
01:34:25,640 --> 01:34:28,680
Speaker 3: the Taxpayers Union stayed that nothing gets past the Taxpayers

1924
01:34:28,800 --> 01:34:31,400
Speaker 3: Union if it looks like profligate spending. Once they've got

1925
01:34:31,400 --> 01:34:32,840
Speaker 3: a sniff of it, ay, they're come in for you.

1926
01:34:33,160 --> 01:34:35,040
Speaker 3: So the Taxpayers Union was like one of those dogs

1927
01:34:35,080 --> 01:34:38,320
Speaker 3: that goes with like your wedding dress. It didn't want

1928
01:34:38,320 --> 01:34:40,360
Speaker 3: to let go, and it didn't let go until they

1929
01:34:40,400 --> 01:34:42,639
Speaker 3: finally got to the bottom of it. And despite NEE

1930
01:34:42,640 --> 01:34:44,120
Speaker 3: were trying to hide it, they couldn't. They had to

1931
01:34:44,160 --> 01:34:46,000
Speaker 3: go to the ombudsman and stuff. Finally Newa had to

1932
01:34:46,040 --> 01:34:48,280
Speaker 3: fiesce up. They paid one hundred and fifty thousand dollars

1933
01:34:48,320 --> 01:34:53,120
Speaker 3: to an external contractor called Hume Interactive. There was no

1934
01:34:53,120 --> 01:34:55,519
Speaker 3: competitive tender process, so they don't know if somebody could

1935
01:34:55,560 --> 01:34:57,240
Speaker 3: have done it for cheap, but they liked Hume because

1936
01:34:57,320 --> 01:35:01,639
Speaker 3: Hume had previous quote outstanding results. They also paid three

1937
01:35:01,680 --> 01:35:05,120
Speaker 3: hundred thousand dollars in research costs for the development. The

1938
01:35:05,160 --> 01:35:08,320
Speaker 3: game is called Future Coasts alta at all. I tried

1939
01:35:08,360 --> 01:35:12,000
Speaker 3: to play it. It is a desktop game, and look,

1940
01:35:12,040 --> 01:35:14,040
Speaker 3: I didn't get very far because A I don't have

1941
01:35:14,040 --> 01:35:16,240
Speaker 3: any time for this kind of crap, but also it

1942
01:35:16,320 --> 01:35:18,040
Speaker 3: just didn't like, I'm not gonna lie, it didn't seem

1943
01:35:18,040 --> 01:35:20,320
Speaker 3: that interesting all when I couldn't figure out what I

1944
01:35:20,360 --> 01:35:22,840
Speaker 3: was supposed to do as well as well, there's a

1945
01:35:22,880 --> 01:35:25,639
Speaker 3: lot of obstacles here for me. But what it was

1946
01:35:25,640 --> 01:35:28,400
Speaker 3: was basically a game that you can play on your desktop,

1947
01:35:28,720 --> 01:35:32,200
Speaker 3: and you've got a village by by on it's very

1948
01:35:32,200 --> 01:35:34,479
Speaker 3: two D, and you've got a village with a river

1949
01:35:34,800 --> 01:35:37,800
Speaker 3: and a coast, and I figure that you're supposed to

1950
01:35:37,880 --> 01:35:41,240
Speaker 3: move your properties backwards away from the rising water and

1951
01:35:41,280 --> 01:35:45,680
Speaker 3: lift them up on stilt since I know who riveting,

1952
01:35:46,080 --> 01:35:48,679
Speaker 3: but that great spend four hundred and fifty thousand dollars

1953
01:35:48,840 --> 01:35:50,360
Speaker 3: not eight away from seven.

1954
01:35:51,479 --> 01:35:54,800
Speaker 2: It's the heather Toople. See Alan Drive Full Show podcast

1955
01:35:54,880 --> 01:35:57,599
Speaker 2: on iHeartRadio powered by Newstalk ZB.

1956
01:36:00,600 --> 01:36:02,040
Speaker 3: Do I need to tell you this? I'm going to

1957
01:36:02,120 --> 01:36:05,040
Speaker 3: tell you this Lord has left Universal Music. Now I'm

1958
01:36:05,080 --> 01:36:07,080
Speaker 3: only telling you like it. Probably wouldn't be interested in

1959
01:36:07,080 --> 01:36:08,559
Speaker 3: this if it was any other artist, but it is

1960
01:36:08,600 --> 01:36:11,360
Speaker 3: our lord, and she's one of us. She's revealed that

1961
01:36:11,439 --> 01:36:14,000
Speaker 3: her contract with Universal ended at the end of last year.

1962
01:36:14,040 --> 01:36:16,439
Speaker 3: She's now an independent artist. Now, it doesn't mean that

1963
01:36:16,479 --> 01:36:18,240
Speaker 3: she's not going to sign with She will sign with

1964
01:36:18,280 --> 01:36:21,599
Speaker 3: someone again, and it most likely will be Universal. Well,

1965
01:36:21,640 --> 01:36:25,240
Speaker 3: she possibly possibly will be Universal. But the interesting thing

1966
01:36:25,280 --> 01:36:27,840
Speaker 3: is she has been under that agreement even as a

1967
01:36:27,880 --> 01:36:30,760
Speaker 3: development artist, from when she was twelve years old and

1968
01:36:30,800 --> 01:36:33,000
Speaker 3: she's twenty nine now, so that's a really big thing

1969
01:36:33,040 --> 01:36:35,280
Speaker 3: for her. And she reckons that she sold she presold

1970
01:36:35,640 --> 01:36:38,280
Speaker 3: her creative output at a young age before knowing what

1971
01:36:38,360 --> 01:36:40,800
Speaker 3: she was signing away. But then again, no one knows

1972
01:36:40,840 --> 01:36:42,519
Speaker 3: what they're going to end up being, right, so it's

1973
01:36:42,520 --> 01:36:44,280
Speaker 3: hard to kind of put a figure on it. Anyway.

1974
01:36:44,400 --> 01:36:46,720
Speaker 3: The other thing that she's doing, which always blows my

1975
01:36:46,840 --> 01:36:49,719
Speaker 3: mind when people say this at her age, she hasn't

1976
01:36:49,720 --> 01:36:52,240
Speaker 3: got a driver's license, so she is now trying to

1977
01:36:52,240 --> 01:36:55,800
Speaker 3: get a driver's license before she's thirty years old, because yeah,

1978
01:36:55,880 --> 01:36:58,599
Speaker 3: because yeah, you're a grown up, you need one. Don't

1979
01:36:58,600 --> 01:36:59,000
Speaker 3: you ants.

1980
01:36:59,200 --> 01:37:01,400
Speaker 14: Oh yeah, you have a driver's lisson. I do have

1981
01:37:01,439 --> 01:37:03,360
Speaker 14: a full driver's license. To be fair, for most of us,

1982
01:37:03,400 --> 01:37:06,000
Speaker 14: it's because we might suddenly need to get a new job,

1983
01:37:06,200 --> 01:37:08,519
Speaker 14: and then having a full driver's license is really important.

1984
01:37:08,520 --> 01:37:10,400
Speaker 14: I feel like with Lord she made that may be

1985
01:37:10,439 --> 01:37:12,160
Speaker 14: less of effective for her, but still it's good to have.

1986
01:37:12,240 --> 01:37:13,439
Speaker 14: I mean, it's a good skill to have.

1987
01:37:13,479 --> 01:37:13,880
Speaker 1: You never know.

1988
01:37:13,960 --> 01:37:16,559
Speaker 3: I mean she has people who drive her around. Let's

1989
01:37:16,600 --> 01:37:17,599
Speaker 3: be honest. Oh she does.

1990
01:37:17,640 --> 01:37:20,400
Speaker 14: But one day there'll be a flat, right, and then

1991
01:37:20,520 --> 01:37:22,679
Speaker 14: you know, the person who drives is like, I'm so sorry.

1992
01:37:22,800 --> 01:37:24,320
Speaker 14: My boyfriend's going to come pick me up. And then

1993
01:37:24,880 --> 01:37:26,280
Speaker 14: I just need you to move the car down the

1994
01:37:26,320 --> 01:37:27,360
Speaker 14: road and you need to be able.

1995
01:37:27,200 --> 01:37:27,479
Speaker 1: To do it.

1996
01:37:27,960 --> 01:37:29,960
Speaker 3: I don't know what to do. Yeah, anyway, the car.

1997
01:37:30,520 --> 01:37:32,679
Speaker 14: Carlie Ray Gipson call me maybe to play us out tonight.

1998
01:37:32,680 --> 01:37:35,599
Speaker 14: Congratulations to Carlie Rae Gibson. She and her husband Cole

1999
01:37:35,640 --> 01:37:39,160
Speaker 14: have welcomed their first child. It was born two weeks ago.

2000
01:37:39,600 --> 01:37:41,880
Speaker 14: That I say it, I shouldn't call a baby, but

2001
01:37:41,920 --> 01:37:42,679
Speaker 14: I did.

2002
01:37:43,080 --> 01:37:43,479
Speaker 2: She didn't.

2003
01:37:43,520 --> 01:37:45,000
Speaker 14: She said, hello, little you know.

2004
01:37:45,360 --> 01:37:47,439
Speaker 3: You sound like Barry Soper with the thing that the

2005
01:37:47,479 --> 01:37:51,160
Speaker 3: BSA is deciding on then it's carry on?

2006
01:37:51,640 --> 01:37:51,960
Speaker 1: Okay.

2007
01:37:52,000 --> 01:37:55,439
Speaker 14: Sorry, So yeah, she said hello, little one. We can't

2008
01:37:55,439 --> 01:37:57,280
Speaker 14: tell if it's a baby son or a baby daughter.

2009
01:37:57,439 --> 01:37:59,760
Speaker 14: She's posted a photo of the baby, but we only

2010
01:37:59,800 --> 01:38:01,479
Speaker 14: see the back of the baby's head, so it's kind

2011
01:38:01,479 --> 01:38:02,120
Speaker 14: of hard to tell.

2012
01:38:02,280 --> 01:38:03,760
Speaker 3: So you've sent it to me and and you're like,

2013
01:38:03,800 --> 01:38:04,360
Speaker 3: can you help me?

2014
01:38:04,560 --> 01:38:06,599
Speaker 14: Can you help me to me?

2015
01:38:06,880 --> 01:38:09,599
Speaker 3: Yeah, that's right. So I can't even see its face,

2016
01:38:09,800 --> 01:38:12,400
Speaker 3: it's just it's in green. So that's she's done this deliberately.

2017
01:38:12,560 --> 01:38:14,360
Speaker 3: But is there a little bit of blue under her

2018
01:38:14,479 --> 01:38:16,599
Speaker 3: arm there, like a little like a bowl or something

2019
01:38:16,640 --> 01:38:17,120
Speaker 3: that's blue?

2020
01:38:17,120 --> 01:38:18,960
Speaker 14: Well, I see this thing is I mean, I can't

2021
01:38:18,960 --> 01:38:21,400
Speaker 14: tell that piece apart either, you know, like you could

2022
01:38:21,400 --> 01:38:23,240
Speaker 14: have put a photo of Cali read Hips's baby.

2023
01:38:23,040 --> 01:38:25,479
Speaker 3: Up next to me. I think in this case, it's okay,

2024
01:38:25,680 --> 01:38:27,400
Speaker 3: she's had a baby. It has arrived.

2025
01:38:27,800 --> 01:38:29,640
Speaker 14: Congratulations to Carli.

2026
01:38:29,439 --> 01:38:31,240
Speaker 13: And it thanks.

2027
01:38:31,280 --> 01:38:33,040
Speaker 3: That's all right, Listen, I'm not with you tomorrow. I've

2028
01:38:33,040 --> 01:38:34,920
Speaker 3: got a thing i've got to do. But i'll be

2029
01:38:34,960 --> 01:38:37,320
Speaker 3: back on Monday and swing them. We'll look after you.

2030
01:38:37,320 --> 01:38:38,880
Speaker 3: It'll be fine, absolutely fine.

2031
01:38:39,000 --> 01:39:04,360
Speaker 13: Enjoy yourself by.

2032
01:38:59,120 --> 01:39:01,320
Speaker 1: For more from Heads Duplessy Allen Drive.

2033
01:39:01,479 --> 01:39:04,920
Speaker 2: Listen live to News Talks at B from four pm weekdays,

2034
01:39:05,000 --> 01:39:07,200
Speaker 2: or follow the podcast on iHeartRadio