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Speaker 1: Digging through the spins spence to find the real story,

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Speaker 1: or it's Ryan Bridge on hither do for see Ellen

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

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Speaker 2: They'd be seven after four, Good afternoon, Paul Goldsmith. He's

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Speaker 2: going quite hard on the citizens arrest issue, but the

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Speaker 2: retail in z group offside. Ten thirty tonight, Winston Peters

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Speaker 2: meets his Chinese counterpart in Beijing. We're across that less wine,

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Speaker 2: more beer, New boos stats out and after six I'll

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Speaker 2: interview my boss about Enzedme's results today.

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Speaker 3: Bryan Bridge.

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Speaker 2: So the government's done the right thing and given us

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Speaker 2: the people more power to deal with crooks and thieves.

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Speaker 2: We told you last night this would happen with Mark

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Speaker 2: Mitchell on the show, and today they've made good. You

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Speaker 2: can now well you will soon be allowed to make

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Speaker 2: a citizen's arrest on somebody who's nicking from your shop

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Speaker 2: at any time of the day or night, and it

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Speaker 2: doesn't matter how expensive the item is that they're stealing

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Speaker 2: from you. He'll be allowed to use reasonable force to

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Speaker 2: detain somebody, and you can use restraints to tie them

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Speaker 2: up if you need to as well. Seems reasonable The

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Speaker 2: reason retail crime is shot up, by the way eighty

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Speaker 2: five percent between twenty nineteen and twenty twenty three, is

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Speaker 2: because we let it. Everybody's got a story about seeing

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Speaker 2: some dick waltzing out of a supermarket with a trolley

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Speaker 2: full of groceries not paying for them. My partner watched

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Speaker 2: a guy at our local countdown do this. He has

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Speaker 2: all the good cuts of meat in his trolley, he's

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Speaker 2: got booze in the trolley so full it's overflowing, walks

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Speaker 2: straight out the front door. The security guards, the shoppers,

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Speaker 2: the staff, everybody just watching him leave. Some even made

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Speaker 2: space for the guy. And the irony of the story

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Speaker 2: is the guy had a gammy leg. He couldn't even run,

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Speaker 2: so here he is limping his way through the car

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Speaker 2: park where a car was waiting from on the side

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Speaker 2: road to take him away. And the sad thing is

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Speaker 2: he didn't need to run because no one case them,

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Speaker 2: No one really did anything. Did the cops follow up

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Speaker 2: on this incident? I don't know, because there's so many

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Speaker 2: How would they possibly follow up on all of the

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Speaker 2: theft and retail places that occur these days, which means

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Speaker 2: probably zero consequences. You can walk in, you can take

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Speaker 2: what you like and you can walk out. It's quite simple,

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Speaker 2: it's quite easy, and hey, it's free. So it makes

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Speaker 2: sense that you give more powers to shop owners to

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Speaker 2: stop this while it's happening. But here's the problem. The

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Speaker 2: dairy owners will use these powers, but the big supermarkets,

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Speaker 2: the department stores, the warehouse they won't why health and

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Speaker 2: safety regulations. They're worried the thieves will pull a knife

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Speaker 2: out and hurt someone, and you can't blame them for that.

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Speaker 2: Their hands are tied by a different law. So the

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Speaker 2: problem won't go away. But at least those poor dairy

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Speaker 2: owners and small business owners have the option only if

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Speaker 2: they want to to fight back against the thieves.

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Speaker 3: Spray and bread.

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Speaker 2: Nine after four nine ninety two is the number to

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Speaker 2: text kids in state here are getting the bash from

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Speaker 2: staff at ordering a tamadiki and abuses on the rise

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Speaker 2: and you report by the Independent Children's Monitor found that

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Speaker 2: some shocking results, nine percent of kids and young people

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Speaker 2: are being abused for five hundred and seven young people

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Speaker 2: in twenty twenty four. That's up from four hundred and

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Speaker 2: ninety seven and twenty twenty three, which was up from

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Speaker 2: four hundred and fifty nine in twenty twenty two, which

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Speaker 2: means the numbers going up. Aaron Jones is the chief

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Speaker 2: executive of the Independent Children's Monitors, with me Hi erin

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Speaker 2: Thank You, Good to have you on the show Why

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Speaker 2: Kids Been Abused in Care?

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Speaker 4: Well, where the abuse is occurring disproportionately is young people

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Speaker 4: that are in those secure Youth Justice residences, and that's

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Speaker 4: predominantly young people hurting other young people. And the other

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Speaker 4: area where you're seeing disproportionate harm as young people that

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Speaker 4: are still in state care but they're returning home.

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Speaker 2: Right, So what proportion of the five hundred incidents you're

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Speaker 2: talking about, what proportion were at the hands of another

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Speaker 2: inmate for want of a better term, and what proportion

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Speaker 2: from a family member, and what proportion from the auditing

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Speaker 2: a Tamadiki staff.

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Speaker 4: Yeah, Look, the majority of harm and those, like I said,

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Speaker 4: in the Youth Justice residences is from other young people.

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Speaker 4: And I think you know, we had a couple of

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Speaker 4: years ago a review that was done by Mike Bush

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Speaker 4: into the residences and what he's called for is the

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Speaker 4: need to have more experienced staff, better support supervision for

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Speaker 4: them so that they're able to address these behaviors of

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Speaker 4: young people. They're in the residences in the right way

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Speaker 4: to actually prevent the harm occurring in the first place.

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Speaker 2: Right now, and listen, the ones in the residence is

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Speaker 2: they're there because they've done something wrong, right, and they're

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Speaker 2: getting hurt. They're hurting each other.

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Speaker 3: It's correct.

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Speaker 2: I mean, how do you stop that? If you've got

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Speaker 2: bad kids and they're all in one place, It's going

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Speaker 2: to happen, isn't it.

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Speaker 5: Well.

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Speaker 4: I think there's a couple of answers to that question.

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Speaker 4: The first is one I just explain, is actually having staff,

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Speaker 4: qualified staff that are able to cope with complex behaviors

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Speaker 4: and actually prevent the harmer caring. Now, the second part is,

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Speaker 4: which is what our report speaks to, is the need

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Speaker 4: to improve the quality of state care so that kids

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Speaker 4: needs are addressed. Now, what you see as kids that

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Speaker 4: are coming into Youth Justice residences are more likely to

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Speaker 4: be care experienced. And what we're saying is unless you

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Speaker 4: actually do the right thing by these kids who are

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Speaker 4: coming from broken homes, who have suffered abuse and neglect themselves.

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Speaker 4: Unless you're doing the right thing to care for them,

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Speaker 4: what you'll see is negative outcomes, which includes committing crime

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Speaker 4: and actually turning up in residence in the first place.

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Speaker 4: Use a couple of things that we can do better.

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Speaker 2: You said that there are children who are going back

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Speaker 2: to their families, obviously going back too early, who have

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Speaker 2: been abused at home again being retraumatized to home. Why

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Speaker 2: were they being sent home in the first place. Are

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Speaker 2: you saying it? You know, sorry, not you, but it's

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Speaker 2: ordering a tamareki sending kids back home too soon.

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Speaker 4: What they tell us is these are often older kids

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Speaker 4: that are in care and either their home or their

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Speaker 4: placement breaks down and there's a need to find an

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Speaker 4: emergency home for them, and that could be taking them

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Speaker 4: back home to their their parents, or it's young people

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Speaker 4: that are voting with their feet, so they no long

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Speaker 4: want to stay with their care provider, and so they

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Speaker 4: are going back home. And what we're saying in this report,

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Speaker 4: and we called this out a couple of years ago,

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Speaker 4: is that the supports aren't there in place for those

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Speaker 4: families and for those kids in the circumstances. So a

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Speaker 4: lot of these returns are happening in an unexpected or

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Speaker 4: unplanned way, and the frequency with which social workers are

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Speaker 4: visiting the families is low, and the families themselves are

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Speaker 4: telling us that they're not always ready for their young

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Speaker 4: people to come home. They haven't done the things that

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Speaker 4: they need to do to be able to care for

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Speaker 4: these young people in the right way. And so there's

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Speaker 4: a real opportunity here for ordering a tamariki to focus

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Speaker 4: in on these young people that are returning home, making

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Speaker 4: sure that they are supported and kept safe so that

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Speaker 4: the harm does not continue to occur.

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Speaker 2: All right, Aaron, thanks very much for your time. Aaron Jones,

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Speaker 2: who's the chief executive at the Independent Children's Monitor. They've

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Speaker 2: got their report out today and it's, I have to say,

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Speaker 2: pretty grim. Reading. Fourteen minutes after FOURIGN News Talks, saib

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Speaker 2: B Martinanu is signing on with the French Club at

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Speaker 2: the age of forty two, which is quite old for

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Speaker 2: rugby player Darcy water Grave here on that.

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Speaker 1: Next, it's the Heather dupers Allen Drive Full Show podcast

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Speaker 1: on iHeartRadio powered by News Talk Zebby.

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Speaker 2: It has just gone on sixteen seventeen after Foreign News

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Speaker 2: Talk said b Ryan, we had the retail team members

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Speaker 2: in our group stabbed and physically assaulted while trying to

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Speaker 2: perform a citizen's arrested is very dangerous, says Ben. This

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Speaker 2: is the government's changes they've announced today, basically making it

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Speaker 2: easier for you to make a citizen's arrest of someone's

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Speaker 2: stealing from a store. It's a very good point. It

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Speaker 2: is a dangerous thing to do. The point is you

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Speaker 2: don't have to do it right, so that no one

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Speaker 2: is forcing you to make a citizen's arrest. But if

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Speaker 2: you choose to do it, you won't be criminally liable

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Speaker 2: for doing so at different hours of the day and

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Speaker 2: for different amounts of good stolen. Just gone seventeen and

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Speaker 2: after four Paul Goldsmith here after five on that Crayon

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Speaker 2: Bridge charsis here with sport.

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Speaker 6: Hey, Darcy, Hi, that's alarming.

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Speaker 2: Somebody getting stabbed, certainly is.

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Speaker 6: But they are like the ability to say I'm putting

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Speaker 6: you onto citizens arrest based on what.

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Speaker 2: On the shopkeeper. So if the shopkeeper sees somebody stealing

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Speaker 2: something from their store, that you can actually do it

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Speaker 2: at the moment, and you'll you'll be sort of exempt

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Speaker 2: from criminal or civil liability. But they're changing that so

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Speaker 2: any time of day and for an item worth any

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Speaker 2: amount used to be more than a thousand dollars do

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Speaker 2: is that.

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Speaker 6: They're carrying handcuffs now, and so they can prove it,

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Speaker 6: they take photographs of a packet of biscuits that you flop.

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Speaker 6: It opens up a whole ness, doesn't it. But anyway,

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Speaker 6: that doesn't matter. It's not sport. I shouldn't bother them

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Speaker 6: out politics.

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Speaker 2: This is the great thing about politics. Everyone's aladin opinion.

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Speaker 6: They are apparently, I've got to stick to sport because

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Speaker 6: I'm the human being. I don't have opinions on anything

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Speaker 6: except sport.

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Speaker 2: Well, lucky, we've got a lot to talk about. So

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Speaker 2: martinu is signing on is forty two? Yeah, forty two

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Speaker 2: is very old for a rugby player, isn't it.

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Speaker 6: Who's old enough? You don't tend to last that long.

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Speaker 6: I mean Brad Thorn, he was probably eighty five before

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Speaker 6: he retired, but he was a freak show year forty two.

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Speaker 6: He's going back too long. But this guy shows no

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Speaker 6: sign of abating when it comes to what he brings,

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Speaker 6: and you look at the end of his All Black career.

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Speaker 6: He bowed out twenty fifteen World Cup after a virtuoso performance, Like, man,

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Speaker 6: we don't want to lose this dude. He's been around

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Speaker 6: since what I think two thousand and three was the

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Speaker 6: first World Cup he played at. But he's carried on.

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Speaker 6: He'd be going back to too long again, been there before.

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Speaker 6: It's the French top fourteen professional league. I think there'll

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Speaker 6: be a lot of eyeballs on that. Now he is

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Speaker 6: an absolute weapon.

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Speaker 2: Now his injuries whole injury wise holding.

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Speaker 6: Up well, plainly it's okay because he's coming in as

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Speaker 6: an to replacement for a couple of You think he

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Speaker 6: trains well, eats well, and there he is. I mean,

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Speaker 6: injury can hit any professional sports regardless. I mean some

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Speaker 6: of them do it. They cut their hand when they're

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Speaker 6: Corey Webster opening an avocado once and sliced his hand.

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Speaker 6: He was out for a while, go figure, So yeah,

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Speaker 6: it can't happen.

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Speaker 2: Is that why Dan Hookers had to pull out of

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Speaker 2: his knees?

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Speaker 6: Yea, his hand a bit of a fracture in there.

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Speaker 6: There was training and he smacks someone on the bomce

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Speaker 6: and cracked his finger. So he's not so goija, he's

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Speaker 6: not going to be fighting. But Dan Hooker's star waned

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Speaker 6: to a degree. But now it's right back on the

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Speaker 6: way up again. So this is an interruption I think

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Speaker 6: a fan favorite fight Hooker and Gaija Dan Hangman. Hooker

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Speaker 6: is an odd character. He gets almost an unhealthy kick

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Speaker 6: out of the violence of the unleashes in the octagon's

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Speaker 6: every time around him a massive kick.

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Speaker 7: Yeah, he is a.

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Speaker 2: Funny one to interview. I had him in the studio

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Speaker 2: once and when I was doing tally and it was

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Speaker 2: he was quite scary. Yeah, he was quite quiet.

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Speaker 6: And now he's covered in ink so he looks even scarier.

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Speaker 2: Yeah, but you know he's always nice to me.

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Speaker 6: You'll give him that.

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Speaker 2: Just a photo of him, even at every shop front,

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Speaker 2: should be enough to put the thieves off. Darcy. I

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Speaker 2: would have thought, who needs the well now?

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Speaker 6: Or maybe they can have a photo up for the

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Speaker 6: shopkeepers so they can get the required unis to actually

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Speaker 6: do it themselves.

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Speaker 2: Exactly all right, Darcy will see tonight. Darcy water Grave

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Speaker 2: was sport. It is twenty after four news talks. Heb

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Speaker 2: lots to discuss. Come out here. I'll tell you about

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Speaker 2: Donald Trump and why Zelenski is going to Washington.

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Speaker 3: Checking the point of the story.

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Speaker 1: It's Ryan Bridge on either duplicy Ellen Drive with one

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Speaker 1: New Zealand.

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Speaker 3: Let's get connected news talks.

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Speaker 2: B twenty three minutes half to four Ryan easy fixed.

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Speaker 2: This is in regards to the citizens arrest of facial

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Speaker 2: recognition cameras, liaise with wins et cetera. Cut the benefits,

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Speaker 2: the acc the family support if they steal anything from

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Speaker 2: a super market, says Steve, that's one way to deal

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Speaker 2: with it. I suppose we'll talk to Paul Goldsmith about

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Speaker 2: those changes after five o'clock tonight. Interesting the story out

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Speaker 2: of Denmark. So Denmark, you know, we banned mobile phones

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Speaker 2: and schools, and to be fair, there were a lot

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Speaker 2: of academics, even which you think they would be in

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Speaker 2: favor of banning something because they love to ban things.

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Speaker 2: They're big wowser's. But when it came to the mobile

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Speaker 2: phones in schools, they said, oh, you know, Jerry's out anyway.

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Speaker 2: Now even Denmark is following our lead and is banning

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Speaker 2: mobile phones and schools and even after school clubs, you know,

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Speaker 2: you have like your reading recovery, or you have your

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Speaker 2: sports clubs or something like that, phones are banned from there.

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Speaker 2: They actually have a commission that's set up to look

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Speaker 2: into this and they reckon that any child, anyone under

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Speaker 2: the age of thirteen shouldn't have a smartphone or a

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Speaker 2: tablet at all, so not even at home. Now that

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Speaker 2: part they won't be making law because obviously, how are

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Speaker 2: you going to police that when it's in someone's hot,

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Speaker 2: private home. But they found the evidence says children should

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Speaker 2: not have a smartphone or a tablet until they are

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Speaker 2: at least thirteen years of age. Same goes for a

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Speaker 2: French report by some academics. They found a smartphone shouldn't

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Speaker 2: be in the hands of a thirteen year old. It's

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Speaker 2: just not good for their health. So then you go,

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Speaker 2: how old were you when you're how old do you

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Speaker 2: give you? How old do your children need to be

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Speaker 2: before we give them a smartphone? Twenty five after four

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Speaker 2: Ryan Bridge, so Donald Trumps announced a new gold card

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Speaker 2: that rich people can buy for five million dollars and

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Speaker 2: they can get citizenship.

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Speaker 8: We're going to be doing something else. It's going to

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Speaker 8: be very very good. We're going to be selling a

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Speaker 8: gold card. You have a green card. This is a

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Speaker 8: gold carde. We're going to be putting a price on

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Speaker 8: that card of about five million dollars and that's going

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Speaker 8: to give you a green card privileges. Plus, it's going

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Speaker 8: to be a route to citizenship, and wealthy people will

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Speaker 8: be coming into our country by buying this card. They'll

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Speaker 8: be wealthy, and they'll be successful, and they'll be spending

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Speaker 8: a lot of money and paying a lot of taxes

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Speaker 8: and employing a lot of people. Never been done before

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Speaker 8: or anything like this.

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Speaker 2: He was then asked if Russian oligarchs would be eligible

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Speaker 2: for the card.

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Speaker 8: Yeah, possibly, Hey, I know some Russian oligar eccent in

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Speaker 8: those people.

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Speaker 3: It's possible. They're not quite as wealthy as.

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Speaker 8: They're not as wealthy as they used to be.

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Speaker 3: I think the I think they could afford five million.

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Speaker 2: Dollars is outrageous anyway, So Donald Trump has invited lotimre

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Speaker 2: Zelenski to the White House. Apparently there will be a

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Speaker 2: deal signed. You know, we've been talking for ages about

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Speaker 2: the minerals underneath the Ukraine. Well, apparently finally the rare

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Speaker 2: Earth minerals deal. They finalized the details and it should

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Speaker 2: be signed at the White House on Friday. Dan Michison's

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Speaker 2: that correspondent. He's with us after news talk about well,

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Speaker 2: not just the deal but the Gold card.

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Speaker 7: Ah.

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Speaker 9: When you're not you with me, I'm falling Apollo in

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Speaker 9: fun Cadele.

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Speaker 10: See your Mandy or me.

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Speaker 9: You freaking the hard baby the lesson.

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Speaker 1: After making the news, the news makers talk to Ryan first.

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Speaker 1: It's Ryan Bridge on Hither Duple Sylan Drive with one

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

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Speaker 3: It'd be in the pieces of Max.

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Speaker 9: Step for your face.

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Speaker 11: Good afternoon, twenty five away from five year on news

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Speaker 11: Talk z'b so At ten thirty tonight in New Zealand time,

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Speaker 11: Winston Peters is going to meet with his Chinese counterpart,

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Speaker 11: the Chinese Foreign Minister, and they're going to talk about well,

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Speaker 11: you imagine a whole bunch of things, including trade.

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Speaker 2: Including defense, and probably those three Chinese warships that are

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Speaker 2: off the coast of Australia right now. I would imagine

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Speaker 2: that's going to be on the menu. And apparently they've

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Speaker 2: now entered Australia's easy Exclusive Economic Zone, which doesn't mean

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Speaker 2: that it's it's not Australian waters. It's still technically international waters.

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Speaker 2: It's just that the seabed, the stuff that's underneath the water,

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Speaker 2: Australia has an economic claim to. Basically they can fish it,

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Speaker 2: they can mine it or whatever. So is it a

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Speaker 2: huge development, not a massive development? But still quite significant.

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Speaker 2: And we're going to talk to an expert after out

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Speaker 2: of Australia actually after five tonight, just to find out

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Speaker 2: a little bit more about what's going on and their

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Speaker 2: reaction on that side of the Tasman. Also a bit

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Speaker 2: more about what Winston Peter's will be discussing this evening.

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Speaker 2: It is twenty four to two five.

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Speaker 3: It's the world wires on news dogs. He'd be drive.

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Speaker 2: So there's minerals for security swap deal. The details have

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Speaker 2: apparently been ironed out, and now Trump is preparing to

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Speaker 2: welcome Vladimir Zelenski to the White House at the end

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Speaker 2: of the week.

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Speaker 8: I hear that he's coming on Friday. He certainly it's

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Speaker 8: okay with me if we'd like to, and he would

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Speaker 8: like to sign it together with me, and I understand

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Speaker 8: that it's a big deal for a big deal.

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Speaker 2: Dutton's bank woes continue, the opposition leader in Australia saying

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Speaker 2: he didn't have any inside information when he bought those

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Speaker 2: shares before a big bailout during the GFC, so having

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Speaker 2: cleared that up, the governor has attacked Peter for his extensive,

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Speaker 2: multimillion dollar portfolio of twenty six properties. Here's how a

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Speaker 2: frustrated Dutton responded to.

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Speaker 12: That, I'm not going back into ancient history. I've only

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Speaker 12: ever acted with integrity. I mean they've trolled through every

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Speaker 12: transaction of my life for mine time, our adult life,

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Speaker 12: and they've come up with the fact that we've bought

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Speaker 12: and sold properties.

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Speaker 2: Yeah, that's the big thing in Australia. Everybody goes he

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Speaker 2: was a queens, saying cop, how is he so rich?

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Speaker 2: Including labor? It seems finding this afternoon.

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Speaker 13: By my lover, good bye, my friend, you have been

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Speaker 13: no one.

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Speaker 3: You have been no one.

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Speaker 2: For an unexpected twist in the asteroid saga, the City

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Speaker 2: Killing Rock, which had managed to make its way up

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Speaker 2: to a three point one percent chance of hitting Earth

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Speaker 2: in twenty thirty two, has dropped all the way back

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Speaker 2: to a zero point zero zero four percent chance overnight.

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Speaker 2: We can all sleep sounding now. NASA says the asteroid

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Speaker 2: still has a one point seven percent chance of hitting

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Speaker 2: the moon, But who cares about the moon?

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

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Speaker 1: for New Zealand Business.

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Speaker 2: Twenty two away from five Damn. Mitchtrom's a US correspondent Dan,

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Speaker 2: Good afternoon, Hey, Rayan, Good afternoon. So do we know

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Speaker 2: what exactly is in this deal with Ukrame?

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Speaker 5: Well, I mean, there's things that are starting to leak out.

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Speaker 5: We know that at least according to a number of reports,

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Speaker 5: it's about five hundred billion dollars worth of mineral rights

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Speaker 5: and natural resources over there. And the President today didn't

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Speaker 5: confirm that an agreement had been reached, but he said that,

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Speaker 5: you know, if this deal does go forward, that Ukraine

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Speaker 5: would get the right to fight on you know, he

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Speaker 5: said they were brave. He said without the US and

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Speaker 5: the money and military equipment we're providing, the war would

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Speaker 5: have been over in a short period of time. So,

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Speaker 5: as we understand it, President Zelensky will be coming to Washington,

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Speaker 5: he'll be here on Friday, and they will sign this

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Speaker 5: this agreement.

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Speaker 2: And is this deal separate to any pace deal that

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Speaker 2: might be negotiated with Russia, because you know it conceivably

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Speaker 2: could you have this deal, the mineral deal in place

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Speaker 2: and the will continue with American backing.

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Speaker 5: Well, that's a good question. I think that's what we're

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Speaker 5: waiting to find out. Because the President was asked whether

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Speaker 5: we're going to continue to supply you know, equipment and

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Speaker 5: AMMO to Ukraine and he said, well, maybe until we

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Speaker 5: have a deal with Russia. He says, we need to

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Speaker 5: have a deal otherwise it's going to continue. So if

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Speaker 5: I was Ukraine and I was coming over here, and

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Speaker 5: I was President Zelenski signing this, I'd still be a

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Speaker 5: little leary about what I was getting myself into, saying, well,

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Speaker 5: wait a minute, we're signing this, But you're also saying

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Speaker 5: at the same time, this is good until we get

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Speaker 5: a better deal.

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Speaker 2: Dan the DOGE, the Department of Government Efficiency that Musk

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Speaker 2: is sort of in charge of, they have canceled a

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Speaker 2: whole bunch of contracts, government procurement contracts. Nearly forty percent

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Speaker 2: of them are expected to produce no savings.

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Speaker 3: Well, yeah, and the.

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Speaker 5: Reason is, and there's been a big claim by the President,

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Speaker 5: by Elon Musk too, that they're they're making these these costs,

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Speaker 5: these cuts, and they're not expected to save the government

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Speaker 5: any money at this point. And this is according to

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Speaker 5: the administration's own data. And that's because these contracts had

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Speaker 5: already been obligated, which means the government has, you know,

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Speaker 5: a legal requirement to send them money or the funds

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Speaker 5: for the goods and services that it purchased, and in

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Speaker 5: many cases it's already done so. So despite the billions

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Speaker 5: that Musk says the government saving over here are cutting,

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Speaker 5: it's sort of a shell game at this point. I

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Speaker 5: think a year from now, or maybe the next round

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Speaker 5: of budgeting and budget talks, that's going to give us

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Speaker 5: a little bit better, maybe more of a transparent idea

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Speaker 5: of the real savings.

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Speaker 2: The culprit behind a disturbing government TV heck, this is

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Speaker 2: the Trump Well was he licking the toes, touching.

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Speaker 5: He was kissing. He was kissing the feet of Evon Musk.

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Speaker 5: And it was an AI generated video. I got to

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Speaker 5: tell you, though, Ryan, I mean, AI is so realistic.

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Speaker 5: I mean, I don't know how many times I've watched

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Speaker 5: this and a few other videos and you're like, it

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Speaker 5: just looks so real, and it's gone viral. It was

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Speaker 5: playing on unauthorized TV monitors at the US Department of

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Speaker 5: Housing and Urban Development, and it was calling Musk the

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Speaker 5: real King.

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Speaker 3: And I think it was.

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Speaker 5: A reference to to President Trump calling himself the King

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Speaker 5: after he claimed to kill a congestion pricing program that

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Speaker 5: was in New York City. But I mean, tens of

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Speaker 5: millions of people have already watched this. It's unclear how

438
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Speaker 5: the footage kind of got on all these cafeteria television screens.

439
00:22:15,200 --> 00:22:18,360
Speaker 5: But a spokesperson for HUDD says, you know what, this

440
00:22:18,400 --> 00:22:21,280
Speaker 5: is another waste of taxpair dollars and resources and the

441
00:22:21,320 --> 00:22:25,439
Speaker 5: person responsible is going to be well is out of

442
00:22:25,480 --> 00:22:28,479
Speaker 5: a job. But yeah, I don't know how many taxpair

443
00:22:28,560 --> 00:22:31,280
Speaker 5: dollars was actually, you know, went into this, or if

444
00:22:31,280 --> 00:22:32,760
Speaker 5: it was just somebody with a little too much time

445
00:22:32,800 --> 00:22:33,320
Speaker 5: on their hands.

446
00:22:33,359 --> 00:22:35,280
Speaker 2: It sounds like a job for doge Dan. Thank you,

447
00:22:35,359 --> 00:22:38,240
Speaker 2: Dan Mitchison. Now you'ves correspondent just gone eighteen minutes away

448
00:22:38,240 --> 00:22:41,200
Speaker 2: from five on news talks'd be this text from Peter.

449
00:22:41,280 --> 00:22:43,800
Speaker 2: I were reading the full Ryan funny how everyone laughs

450
00:22:43,840 --> 00:22:46,679
Speaker 2: at Trump when he proposes his ideas, all claim the

451
00:22:46,720 --> 00:22:50,000
Speaker 2: ideas are outrageous and can't work, but then they go

452
00:22:50,119 --> 00:22:53,399
Speaker 2: all silent when the ideas actually do work. Give the

453
00:22:53,480 --> 00:22:57,679
Speaker 2: man his due credit, Peter, I think you do have

454
00:22:57,720 --> 00:22:59,800
Speaker 2: to give the man his credit where it's due, and

455
00:23:00,359 --> 00:23:02,800
Speaker 2: in a lot of cases it is justified. And an

456
00:23:02,840 --> 00:23:05,240
Speaker 2: example of that has come out of the UK today

457
00:23:05,320 --> 00:23:08,639
Speaker 2: where Sir Keirs Starmer, the British Prime Minister, on his

458
00:23:08,760 --> 00:23:11,480
Speaker 2: way to Washington for his first big meeting at the

459
00:23:11,480 --> 00:23:15,080
Speaker 2: White House. Is wanting to brown nose ahead of his arrival, right,

460
00:23:15,119 --> 00:23:17,320
Speaker 2: and he knows the way to Trump's heart is through

461
00:23:17,320 --> 00:23:20,160
Speaker 2: his wallet. So he's got it out and he's increasing

462
00:23:20,240 --> 00:23:23,000
Speaker 2: defense spending there by zero point three percent of GDP.

463
00:23:23,160 --> 00:23:25,160
Speaker 2: And you might go around point three percent is not much,

464
00:23:25,359 --> 00:23:29,320
Speaker 2: but that's sixteen billion dollars out of a budge a

465
00:23:29,480 --> 00:23:32,720
Speaker 2: very tight run budget in the UK, so it is

466
00:23:32,800 --> 00:23:34,560
Speaker 2: not to be scoffed at. And you have to say,

467
00:23:34,600 --> 00:23:37,919
Speaker 2: on that score, if the goal is to get European

468
00:23:37,960 --> 00:23:41,440
Speaker 2: countries spending more on defense, then Donald Trump has succeeded

469
00:23:41,800 --> 00:23:44,240
Speaker 2: seventeen away from five Barry sopernext.

470
00:23:44,160 --> 00:23:48,400
Speaker 1: Politics with centric credit, check your customers and get payments, certainty.

471
00:23:48,080 --> 00:23:50,040
Speaker 2: News talks thereb it has caught it to five Barry

472
00:23:50,040 --> 00:23:52,560
Speaker 2: soapers here has seen their political correspondent for news talks

473
00:23:52,560 --> 00:23:55,359
Speaker 2: there be Verry. Good afternoon, Good afternoon, Ryan, Great to

474
00:23:55,440 --> 00:23:57,640
Speaker 2: have you here as always. Now the powers of how

475
00:23:57,640 --> 00:24:00,440
Speaker 2: do you feel about these powers of arrests?

476
00:24:00,600 --> 00:24:03,600
Speaker 7: Yeah, I'm not sure. I mean most countries in the world.

477
00:24:03,680 --> 00:24:06,359
Speaker 7: I looked up and had a look at doctor Google

478
00:24:06,359 --> 00:24:08,560
Speaker 7: and he tells me. Most countries in the world do

479
00:24:08,720 --> 00:24:11,919
Speaker 7: have a certain power of arrest for people in the

480
00:24:11,960 --> 00:24:16,639
Speaker 7: community to stop other people. But you know, people can

481
00:24:16,720 --> 00:24:19,479
Speaker 7: put themselves at risk. That is the thing that worries

482
00:24:19,520 --> 00:24:23,480
Speaker 7: me a bit. And the cops have always said, you know,

483
00:24:23,640 --> 00:24:27,080
Speaker 7: don't take the law into your own hands when it

484
00:24:27,119 --> 00:24:31,000
Speaker 7: comes to dealing with crime in particular. And some of

485
00:24:31,040 --> 00:24:34,760
Speaker 7: these people that walk into supermarkets are really pretty barely

486
00:24:35,200 --> 00:24:38,840
Speaker 7: looking guys. I mean, if it was Goldris Garriman, for example,

487
00:24:39,160 --> 00:24:42,159
Speaker 7: you remember she went into a shop and they asked her,

488
00:24:44,240 --> 00:24:46,680
Speaker 7: They asked her to open a bag, and she refused

489
00:24:46,680 --> 00:24:49,400
Speaker 7: and walked out. Well, you know I'd be game enough

490
00:24:49,400 --> 00:24:51,439
Speaker 7: to actually grab the bag and have a look in it,

491
00:24:51,840 --> 00:24:55,119
Speaker 7: which you could do under these.

492
00:24:54,600 --> 00:24:57,160
Speaker 2: Because I agree with you. I think you don't want

493
00:24:57,240 --> 00:25:00,360
Speaker 2: your default position to be everyone attacking everyone one right,

494
00:25:00,720 --> 00:25:03,479
Speaker 2: But at the same time, when retail crime goes up

495
00:25:03,560 --> 00:25:07,080
Speaker 2: eighty five percent over the five year period, you literally

496
00:25:07,119 --> 00:25:09,639
Speaker 2: don't have enough cops to two.

497
00:25:09,359 --> 00:25:13,360
Speaker 7: Point seven billion dollars a year is lifted from retailers

498
00:25:13,400 --> 00:25:15,080
Speaker 7: around this country, which is shock.

499
00:25:15,200 --> 00:25:16,800
Speaker 2: You'll never have enough cops to fix that.

500
00:25:16,840 --> 00:25:18,879
Speaker 7: And I heard your take on and I'll tell you

501
00:25:18,920 --> 00:25:21,760
Speaker 7: what Paul Goldsmith, ad Minister of Justice. He says he's

502
00:25:21,800 --> 00:25:24,800
Speaker 7: familiar with the way supermarket thieves operate and.

503
00:25:24,840 --> 00:25:28,160
Speaker 14: I've experienced myself on a couple of occasions with people

504
00:25:28,280 --> 00:25:31,320
Speaker 14: just walking out of the supermarket, chased by security, but

505
00:25:31,400 --> 00:25:33,240
Speaker 14: ultimately they're not able to do anything and they just

506
00:25:33,280 --> 00:25:35,160
Speaker 14: have to watch while they take all their stuff out

507
00:25:35,160 --> 00:25:37,480
Speaker 14: of the trolley, put it into the car and drive away.

508
00:25:37,560 --> 00:25:40,959
Speaker 14: And it's not right. This change will force nobody to

509
00:25:40,960 --> 00:25:43,159
Speaker 14: do anything in terms off they don't want to. If

510
00:25:43,200 --> 00:25:46,119
Speaker 14: a business is concerned, if they have a policy that

511
00:25:46,160 --> 00:25:48,400
Speaker 14: they don't want to intervene in any circumstances, well that's

512
00:25:48,440 --> 00:25:51,159
Speaker 14: up to them, or we're providing here is some tools

513
00:25:51,200 --> 00:25:53,760
Speaker 14: that people can use if the circumstances are right.

514
00:25:54,080 --> 00:25:56,080
Speaker 7: And like I said, if it was a Garriman case,

515
00:25:56,080 --> 00:25:59,040
Speaker 7: you would do it, but you know, I think you'd

516
00:25:59,040 --> 00:26:00,959
Speaker 7: be reluctant to do it it was a big burly

517
00:26:01,119 --> 00:26:05,359
Speaker 7: guy walking out with a loaded supermarket trial, how would

518
00:26:05,400 --> 00:26:08,840
Speaker 7: you tackle them and hold them there until the police came.

519
00:26:09,119 --> 00:26:12,960
Speaker 7: I mean, they are tools that clearly the retail industry

520
00:26:13,000 --> 00:26:16,760
Speaker 7: wants because Sonny Kershaw and people like that were on

521
00:26:16,800 --> 00:26:19,320
Speaker 7: that advisory group and these are the sorts of things

522
00:26:19,400 --> 00:26:22,359
Speaker 7: they've come up with, so they feel powerless. But I

523
00:26:22,400 --> 00:26:27,240
Speaker 7: don't think the law would stop them from apprehending somebody

524
00:26:27,480 --> 00:26:31,280
Speaker 7: even the way it stood. But nevertheless, it just makes it.

525
00:26:30,880 --> 00:26:33,880
Speaker 2: Clear, clear it all up. It's interesting because I think

526
00:26:33,920 --> 00:26:37,560
Speaker 2: the dairy owners who are whose goods that are being stolen,

527
00:26:37,640 --> 00:26:40,879
Speaker 2: it's their property, they will use it. But your health

528
00:26:40,880 --> 00:26:43,240
Speaker 2: and safety mob at the supermarket won't be interested in

529
00:26:44,160 --> 00:26:45,280
Speaker 2: tackling it.

530
00:26:45,359 --> 00:26:47,959
Speaker 7: And that is a real issue. I mean the Labor Party,

531
00:26:48,280 --> 00:26:51,600
Speaker 7: they've sighted the police saying don't take the law into

532
00:26:51,640 --> 00:26:53,840
Speaker 7: your own hands, and that's fair enough. I think that's

533
00:26:53,920 --> 00:26:59,160
Speaker 7: quite true. The police would say that, and the CTU,

534
00:26:59,280 --> 00:27:01,879
Speaker 7: that's all. They are all very upset about it. They

535
00:27:01,920 --> 00:27:05,840
Speaker 7: say it's got serious implications for worker safety. Well, you know,

536
00:27:05,920 --> 00:27:08,919
Speaker 7: we know all that, but it just gives them an

537
00:27:08,960 --> 00:27:10,200
Speaker 7: extra tool of the toolbox.

538
00:27:10,240 --> 00:27:13,399
Speaker 2: I guess now the Cooks Prime Minister, sorry tourism will

539
00:27:13,400 --> 00:27:15,040
Speaker 2: talk tourism. So we've got all this numbers.

540
00:27:15,560 --> 00:27:16,720
Speaker 7: Yes, it's lovely, isn't it.

541
00:27:16,720 --> 00:27:17,320
Speaker 2: Great numbers?

542
00:27:17,400 --> 00:27:17,600
Speaker 3: Yeah.

543
00:27:18,080 --> 00:27:18,680
Speaker 15: I mean you.

544
00:27:18,640 --> 00:27:21,320
Speaker 7: Look at tourism stats in New Zealand came out today

545
00:27:21,320 --> 00:27:25,560
Speaker 7: and they show that tourism expenditure in New Zealand forty

546
00:27:25,560 --> 00:27:29,640
Speaker 7: four and a half billion dollars for the year ending

547
00:27:29,720 --> 00:27:34,000
Speaker 7: March twenty four, which is quite extraordinary really. And you

548
00:27:34,080 --> 00:27:38,560
Speaker 7: look at overseas visitor expenditure here that increased by six

549
00:27:38,600 --> 00:27:42,520
Speaker 7: point three billion bucks. So people are coming the pre

550
00:27:42,640 --> 00:27:45,919
Speaker 7: COVID levels they're returning to and it's great for New

551
00:27:46,000 --> 00:27:48,520
Speaker 7: Zealand to see more tourists coming in here and that

552
00:27:49,040 --> 00:27:52,680
Speaker 7: is the road back to recovery for this country. It's

553
00:27:52,720 --> 00:27:56,520
Speaker 7: the second biggest earner at the moment of foreign exchange,

554
00:27:56,560 --> 00:27:59,399
Speaker 7: will it It could in fact be the biggest earner

555
00:27:59,520 --> 00:28:00,840
Speaker 7: before two law she'll get.

556
00:28:00,680 --> 00:28:03,840
Speaker 2: Back to number one. Yees. Now the cook's PM, Mark Brown,

557
00:28:03,840 --> 00:28:05,359
Speaker 2: he's written to Luxe and what's he saying.

558
00:28:05,720 --> 00:28:08,920
Speaker 7: Well, the PM's office not telling us what the leader

559
00:28:08,960 --> 00:28:12,320
Speaker 7: actually says, but as I understand it from talking around

560
00:28:12,320 --> 00:28:17,800
Speaker 7: the BEHA today that what the Mark Brown says to

561
00:28:18,000 --> 00:28:20,600
Speaker 7: Chris Luxon is that, look, we'd like I'd like to

562
00:28:20,640 --> 00:28:22,879
Speaker 7: get together with you for a one on one meeting.

563
00:28:23,520 --> 00:28:25,640
Speaker 7: And you know, it's a bit like putting the horse

564
00:28:25,680 --> 00:28:27,520
Speaker 7: off of the cart when you think about it, because

565
00:28:28,280 --> 00:28:32,479
Speaker 7: surely he should have done so before he signed mining

566
00:28:32,560 --> 00:28:35,199
Speaker 7: deals in particular, with the Chinese. It's funny, Ryan, I

567
00:28:35,240 --> 00:28:37,760
Speaker 7: think back to the time that we saw the original agreement.

568
00:28:37,800 --> 00:28:39,760
Speaker 7: You and I talked about it on air and said

569
00:28:39,760 --> 00:28:42,160
Speaker 7: we'll hang on it doesn't see seems pretty it more

570
00:28:42,240 --> 00:28:46,080
Speaker 7: to this meets the eye, and there was much more

571
00:28:46,120 --> 00:28:49,120
Speaker 7: to it. And I think certainly Mark Brown has got

572
00:28:49,160 --> 00:28:51,640
Speaker 7: some explaining to do. He faced a vote of no

573
00:28:51,760 --> 00:28:55,000
Speaker 7: confidence in his parliament today. But look the opposition of

574
00:28:55,040 --> 00:28:57,800
Speaker 7: the twenty four members of parliament. They've gotten the cooks.

575
00:28:58,000 --> 00:29:02,320
Speaker 7: The opposition make up eight members, so really that they

576
00:29:02,360 --> 00:29:04,800
Speaker 7: were on hiding to nothing to try and get rid

577
00:29:04,840 --> 00:29:05,120
Speaker 7: of them.

578
00:29:05,200 --> 00:29:07,280
Speaker 2: All right, Barry, thank you for that. Great work is

579
00:29:07,320 --> 00:29:10,000
Speaker 2: always very so for senior political correspondent here at News Talks,

580
00:29:09,960 --> 00:29:13,240
Speaker 2: there'd be it's nine minutes away from five, Paul Goldsmith

581
00:29:13,320 --> 00:29:15,040
Speaker 2: on those changes, by the way, we'll have them live

582
00:29:15,080 --> 00:29:17,600
Speaker 2: after five, and I'll put from the concerns from Retail

583
00:29:17,720 --> 00:29:21,400
Speaker 2: and z who say some they literally said someone will

584
00:29:21,440 --> 00:29:24,840
Speaker 2: be killed, quite strong words from them. What will Paul say?

585
00:29:24,840 --> 00:29:25,560
Speaker 2: That's after five?

586
00:29:26,400 --> 00:29:30,720
Speaker 1: Putting the tough questions to the newspeakers, the mic asking breakfast.

587
00:29:30,480 --> 00:29:32,680
Speaker 16: All of the Policemanister Stuart Nash is with us. First

588
00:29:32,680 --> 00:29:35,040
Speaker 16: of all the two percent decrease in violent crime. Would

589
00:29:35,080 --> 00:29:37,360
Speaker 16: you conceive, despite your political background, that some of what

590
00:29:37,440 --> 00:29:39,640
Speaker 16: this government is doing actually might be working.

591
00:29:40,200 --> 00:29:41,920
Speaker 17: Could be sided Keeping in mind Mike I was at

592
00:29:41,920 --> 00:29:44,480
Speaker 17: Police Minister. There's increased police numbers by eighteen hundred scot

593
00:29:44,560 --> 00:29:45,000
Speaker 17: throw that in that.

594
00:29:45,080 --> 00:29:47,920
Speaker 16: Yeah, but stats are the stats, and a violent crime

595
00:29:48,000 --> 00:29:49,240
Speaker 16: is coming down. That's a win, isn't it.

596
00:29:49,240 --> 00:29:49,840
Speaker 3: It's interesting.

597
00:29:49,880 --> 00:29:52,040
Speaker 17: But what we're talked about said some to rest. There's

598
00:29:52,120 --> 00:29:54,160
Speaker 17: retail crimes going up by about twelve percent, and you've

599
00:29:54,160 --> 00:29:56,720
Speaker 17: got these keywis who are working with Gloody hard making

600
00:29:56,880 --> 00:29:59,000
Speaker 17: speak often not making that much money because cues are

601
00:29:59,000 --> 00:30:01,320
Speaker 17: spending a lot of money online and then his miss

602
00:30:01,400 --> 00:30:03,560
Speaker 17: Grim's coming in stealing from them and they don't have

603
00:30:03,600 --> 00:30:05,520
Speaker 17: the ability to do anything that's crazy.

604
00:30:06,000 --> 00:30:08,760
Speaker 16: Back tomorrow at six am the Mike Hosking Breakfast with

605
00:30:08,800 --> 00:30:10,800
Speaker 16: the Rain Driver, The Laugh News Talk ZB.

606
00:30:11,360 --> 00:30:14,040
Speaker 2: It is six minutes away from five. Drake has discanceled

607
00:30:14,080 --> 00:30:16,000
Speaker 2: his two shows in New Zealand. You will be absolutely

608
00:30:16,000 --> 00:30:20,360
Speaker 2: devastated to find out they were planned for later sorry

609
00:30:20,400 --> 00:30:23,520
Speaker 2: next month. He was done as Australia show Australia shows

610
00:30:23,520 --> 00:30:25,400
Speaker 2: and then he's just pulled out of our ones. Not

611
00:30:25,440 --> 00:30:27,400
Speaker 2: quite sure why this stage has just come through, but

612
00:30:27,600 --> 00:30:30,160
Speaker 2: you go. Drake's canceled his concerts. He does a song

613
00:30:30,200 --> 00:30:33,440
Speaker 2: called Hotline Bling for those who are familiar with it,

614
00:30:34,040 --> 00:30:38,160
Speaker 2: and he's dated pretty much every female celebrity you can

615
00:30:38,200 --> 00:30:40,000
Speaker 2: put your you can think of, he would have dated

616
00:30:40,000 --> 00:30:42,560
Speaker 2: them at some point. He's quite famous for doing that.

617
00:30:42,600 --> 00:30:46,640
Speaker 2: Five Away from five now Bryan Bridge, David Seymour has

618
00:30:46,680 --> 00:30:49,400
Speaker 2: come out and made comments and I at this point

619
00:30:49,480 --> 00:30:52,280
Speaker 2: I just put my head in my hands because.

620
00:30:52,080 --> 00:30:55,120
Speaker 18: There's a wake up call that we need to invest more.

621
00:30:55,160 --> 00:30:59,760
Speaker 18: And personally, I actually think that the Chinese have made

622
00:31:00,200 --> 00:31:03,760
Speaker 18: a tactical error because they have alerted the New Zealand

623
00:31:03,760 --> 00:31:05,360
Speaker 18: public that the world is changing.

624
00:31:05,600 --> 00:31:08,560
Speaker 2: So this is the deputy prime Minister, sorry, the acting

625
00:31:08,680 --> 00:31:12,040
Speaker 2: Prime Minister's comments because obviously Winston is away in China

626
00:31:12,240 --> 00:31:16,040
Speaker 2: and our Prime minister is over in Vietnam, so David's

627
00:31:16,040 --> 00:31:18,600
Speaker 2: in charge. These are his comments at a stand up

628
00:31:18,600 --> 00:31:21,040
Speaker 2: this afternoon that he calls to talk about China and

629
00:31:21,080 --> 00:31:23,160
Speaker 2: the fact that we've got the three navy vessels off

630
00:31:23,200 --> 00:31:28,520
Speaker 2: the coast of Tasmania. Any comments about China need to

631
00:31:28,560 --> 00:31:33,640
Speaker 2: be very very carefully thought through and they probably need

632
00:31:33,680 --> 00:31:37,239
Speaker 2: to go through not just the im FAT but the

633
00:31:37,280 --> 00:31:39,560
Speaker 2: Minister of Foreign Affairs. You would want to have a

634
00:31:39,640 --> 00:31:42,520
Speaker 2: chat with him just to check on our language that

635
00:31:42,600 --> 00:31:46,520
Speaker 2: we're using in relation to China. He is the acting

636
00:31:46,560 --> 00:31:51,040
Speaker 2: Prime Minister, and I don't know, using the word tactical

637
00:31:51,240 --> 00:31:55,120
Speaker 2: error will embarrass the Chinese. And the last thing you

638
00:31:55,160 --> 00:31:58,160
Speaker 2: want to do to the Chinese is embarrass them. I

639
00:31:58,160 --> 00:31:59,600
Speaker 2: don't know. I just think he needs to be more

640
00:31:59,640 --> 00:32:02,840
Speaker 2: careful than that. Sorry. Coming up to three minutes away

641
00:32:02,840 --> 00:32:05,280
Speaker 2: from five here on News Talks, there'd be Paul Goldsmith

642
00:32:06,040 --> 00:32:10,400
Speaker 2: on the changes to citizens arrests. He's up after the news.

643
00:32:10,880 --> 00:32:20,720
Speaker 9: Come see so please three more colors, guys, all.

644
00:32:29,600 --> 00:32:33,840
Speaker 19: Listen to noting.

645
00:32:32,160 --> 00:32:34,080
Speaker 3: I don't I.

646
00:32:39,960 --> 00:33:03,680
Speaker 19: Say, we can't say we can do only a.

647
00:33:05,640 --> 00:33:13,920
Speaker 3: Don' aw it cardies not to sell. I just alone away.

648
00:33:17,200 --> 00:33:22,640
Speaker 1: Questions, answers, facts, analysis, the drive show you trust for

649
00:33:22,720 --> 00:33:26,280
Speaker 1: the full picture. Brian Bridge on Heather Duplicy allan drive

650
00:33:26,520 --> 00:33:28,960
Speaker 1: with one New Zealand Let's get connected.

651
00:33:29,160 --> 00:33:29,960
Speaker 3: News Talks B.

652
00:33:31,600 --> 00:33:33,840
Speaker 2: Good evening, just gone seven after five News Talks. B.

653
00:33:33,960 --> 00:33:38,000
Speaker 2: The government's tackling retail crime quite literally, making laws more

654
00:33:38,080 --> 00:33:42,440
Speaker 2: favorable for people, making citizens arrests. Changes would allow you

655
00:33:42,960 --> 00:33:46,440
Speaker 2: to intervene and stop any crimes act defense at any

656
00:33:46,560 --> 00:33:49,800
Speaker 2: time of day, while also removing the value of the

657
00:33:49,880 --> 00:33:51,880
Speaker 2: goods needing to be more than one thousand dollars. This

658
00:33:52,040 --> 00:33:55,080
Speaker 2: is for retail crime. Paul Goldsmith's Justice Minister. He's with me,

659
00:33:55,200 --> 00:33:59,720
Speaker 2: High Minister. Hello, how are you good? Thank you? How

660
00:33:59,760 --> 00:34:02,520
Speaker 2: do how exactly are we can we tackle people? How

661
00:34:02,560 --> 00:34:04,160
Speaker 2: does it? What are we allowed to do?

662
00:34:06,280 --> 00:34:06,440
Speaker 6: Well?

663
00:34:06,600 --> 00:34:09,080
Speaker 14: Obviously we've got to pass the legislation first. So these

664
00:34:09,120 --> 00:34:12,719
Speaker 14: are proposals that we're going to we're working into legislation

665
00:34:13,360 --> 00:34:16,680
Speaker 14: and that would go after Sleek committee. So the rules

666
00:34:16,719 --> 00:34:21,480
Speaker 14: haven't changed today, we're announcing some proposals. And the concern is,

667
00:34:21,520 --> 00:34:26,120
Speaker 14: of course that there are too many instances of people

668
00:34:26,239 --> 00:34:31,439
Speaker 14: just walking away from shops without paying and a real

669
00:34:31,520 --> 00:34:34,680
Speaker 14: sense of an inability to do anything about it. Yeah,

670
00:34:35,040 --> 00:34:38,800
Speaker 14: and so reasonable force, So tackling somebody is not necessarily

671
00:34:38,840 --> 00:34:42,320
Speaker 14: reasonable force, but just stopping them from walking away with

672
00:34:42,480 --> 00:34:44,400
Speaker 14: gear might be. And so those are the sorts of

673
00:34:44,480 --> 00:34:45,080
Speaker 14: things that we're thinking of.

674
00:34:45,239 --> 00:34:47,799
Speaker 2: Right, So you could grab under your proposal, you could

675
00:34:47,840 --> 00:34:50,080
Speaker 2: grab someone by the arm to hold them. But you

676
00:34:50,160 --> 00:34:52,759
Speaker 2: couldn't you couldn't get them to the ground and hold

677
00:34:52,760 --> 00:34:53,400
Speaker 2: them on the ground.

678
00:34:53,520 --> 00:34:56,960
Speaker 14: Is that what you're thinking, Well, yeah, well, the definition

679
00:34:57,040 --> 00:34:59,600
Speaker 14: of reasonable force is something that the courts that work

680
00:34:59,600 --> 00:35:02,400
Speaker 14: their ways. But yes, holding on to somebody and stopping

681
00:35:02,440 --> 00:35:05,440
Speaker 14: them from getting away and restrained.

682
00:35:05,280 --> 00:35:07,279
Speaker 2: The restraints that you can use. Does that mean you

683
00:35:07,360 --> 00:35:09,520
Speaker 2: can tie somebody up until the police arrive.

684
00:35:11,320 --> 00:35:15,080
Speaker 14: Well, potentially, if that's required and if the circumstances required,

685
00:35:15,200 --> 00:35:22,120
Speaker 14: and that the critical thing first is that the expanding

686
00:35:22,200 --> 00:35:25,239
Speaker 14: the opportunity At the moment, it's very highly restricted. It's

687
00:35:25,239 --> 00:35:26,680
Speaker 14: got to you know, it's got to be over three

688
00:35:26,760 --> 00:35:30,759
Speaker 14: year sentence for it, for it for a crime, it's

689
00:35:30,760 --> 00:35:33,160
Speaker 14: got to be at night. And so that all means

690
00:35:33,160 --> 00:35:35,320
Speaker 14: that there are very few opportunities when people can do this.

691
00:35:35,400 --> 00:35:37,960
Speaker 14: We're wanting to expand that, but if you do, you've

692
00:35:38,000 --> 00:35:39,719
Speaker 14: got to bring the police immediately and do what the

693
00:35:39,719 --> 00:35:42,120
Speaker 14: police tell you to do. So it's not a sort

694
00:35:42,120 --> 00:35:43,000
Speaker 14: of an open ended thing.

695
00:35:43,200 --> 00:35:45,040
Speaker 2: But you know what, what are we worried about.

696
00:35:45,040 --> 00:35:46,879
Speaker 3: We're worried about retail.

697
00:35:46,600 --> 00:35:48,600
Speaker 14: Crime and we've got to come up with some new

698
00:35:48,640 --> 00:35:49,239
Speaker 14: ways to deal.

699
00:35:49,200 --> 00:35:52,040
Speaker 2: With Is this actually going to be a revolutionary way

700
00:35:52,080 --> 00:35:53,879
Speaker 2: that deals with the problem I know you say there's

701
00:35:53,920 --> 00:35:55,760
Speaker 2: more to come, but this is you've been in government

702
00:35:55,840 --> 00:35:58,360
Speaker 2: now for how long have you been in government? A

703
00:35:58,480 --> 00:36:01,480
Speaker 2: year and a half and this is your first big

704
00:36:01,520 --> 00:36:05,279
Speaker 2: one from this working group, and actually you've got most

705
00:36:05,440 --> 00:36:07,120
Speaker 2: retailers saying they're not going to use it.

706
00:36:07,960 --> 00:36:10,319
Speaker 14: Well, first thing would be to say, you know, as

707
00:36:10,400 --> 00:36:12,440
Speaker 14: we did last year. Last year, we were focusing on

708
00:36:12,520 --> 00:36:15,880
Speaker 14: bringing about three strikes with sentencing law which is going

709
00:36:15,960 --> 00:36:18,920
Speaker 14: to be pasted next week, which is around reducing the

710
00:36:19,000 --> 00:36:23,239
Speaker 14: ability of judges to massively reduce prison sentences when people

711
00:36:23,280 --> 00:36:25,759
Speaker 14: are convicted of serious crimes. Then we've given all the

712
00:36:25,840 --> 00:36:28,760
Speaker 14: police the extra powers to deal with the gangs because

713
00:36:28,800 --> 00:36:31,759
Speaker 14: the focus is on reducing victims of crime. So we've

714
00:36:31,760 --> 00:36:33,839
Speaker 14: been working away through stuff and then now we're onto

715
00:36:33,880 --> 00:36:35,799
Speaker 14: retail crime. We set them up late late last year

716
00:36:35,800 --> 00:36:37,359
Speaker 14: and they're coming up with ideas and we've got more

717
00:36:37,400 --> 00:36:39,840
Speaker 14: to come. So we're busy. We've got a lot going on.

718
00:36:40,000 --> 00:36:42,680
Speaker 2: Okay, but you accept that most retailers won't use this one.

719
00:36:44,440 --> 00:36:47,440
Speaker 14: I think there's a This is one that is of

720
00:36:47,680 --> 00:36:52,040
Speaker 14: particular interest to the small dairies of people on their

721
00:36:52,080 --> 00:36:56,600
Speaker 14: own their own businesses wanting to have some means of

722
00:36:56,760 --> 00:36:59,600
Speaker 14: dealing with people coming in and dealing with this sort

723
00:36:59,640 --> 00:37:02,440
Speaker 14: of stuff. That the larger corporates may have a different focus.

724
00:37:02,480 --> 00:37:04,719
Speaker 14: They're probably looking more at facial recognition and they've got

725
00:37:04,920 --> 00:37:07,600
Speaker 14: other things that they can focus on. But there's no

726
00:37:07,800 --> 00:37:10,160
Speaker 14: one sort of one type of retailer. There's lots of

727
00:37:10,160 --> 00:37:13,000
Speaker 14: different interests in fashions and so we're also going to

728
00:37:13,040 --> 00:37:14,320
Speaker 14: work our way through them all carefully.

729
00:37:14,360 --> 00:37:15,800
Speaker 2: All right, good on your Paul, Thanks very much for

730
00:37:15,800 --> 00:37:18,200
Speaker 2: your time, Paul Goldsmith, the Justice Minister. Time is ten

731
00:37:18,280 --> 00:37:21,719
Speaker 2: after five red Sure happening on the China front today

732
00:37:21,760 --> 00:37:24,680
Speaker 2: Winston Peter's meeting with China's Foreign minister. This is one year.

733
00:37:24,719 --> 00:37:27,279
Speaker 2: This is happening tonight at around ten o'clock our time.

734
00:37:27,760 --> 00:37:31,720
Speaker 2: Details continued to leak around this Cook's deal. Apparently China

735
00:37:31,800 --> 00:37:36,480
Speaker 2: has insisted that the Cooks not attend any bilateral or

736
00:37:36,600 --> 00:37:42,320
Speaker 2: multilateral meetings international meetings without Beijing's say so that reporting

737
00:37:42,400 --> 00:37:45,200
Speaker 2: from Richard Harmon at Politic. Meanwhile, three warships have re

738
00:37:45,400 --> 00:37:48,280
Speaker 2: entered Australia's Exclusive Economic Zone off the coast of Hobart.

739
00:37:48,880 --> 00:37:53,319
Speaker 2: Doctor Keith Suitor is with Channel seventies, Australia's foreign editor

740
00:37:53,400 --> 00:37:56,200
Speaker 2: there and international relations expert Keith good Evening.

741
00:37:56,840 --> 00:37:57,839
Speaker 20: Yes, good evening, Ryan.

742
00:37:58,160 --> 00:38:01,080
Speaker 2: First of all, entering your ees, is that a big deal?

743
00:38:02,560 --> 00:38:04,960
Speaker 20: Well, they have a right to do that. There's been

744
00:38:05,040 --> 00:38:09,440
Speaker 20: no violation of international law. They've caused all sorts of

745
00:38:09,520 --> 00:38:12,279
Speaker 20: problems in the way in which they've conducted themselves, but

746
00:38:12,320 --> 00:38:15,080
Speaker 20: they haven't actually violated international law. And at the time

747
00:38:15,160 --> 00:38:18,560
Speaker 20: they were carrying out the live firing drills, they were

748
00:38:18,640 --> 00:38:22,239
Speaker 20: on the high seas between Australia and New Zealand. But

749
00:38:22,320 --> 00:38:23,839
Speaker 20: it does point up to the need that we need

750
00:38:23,960 --> 00:38:27,160
Speaker 20: to get agreement between Australia and New Zealand and China

751
00:38:27,560 --> 00:38:30,400
Speaker 20: on how the Chinese behave when they're in our corner

752
00:38:30,480 --> 00:38:31,120
Speaker 20: of the world.

753
00:38:31,120 --> 00:38:33,680
Speaker 2: Reporting that the Cook Islands is being going to be

754
00:38:33,840 --> 00:38:38,239
Speaker 2: prevented by their own signing from attending any international or

755
00:38:38,320 --> 00:38:43,120
Speaker 2: multi national multilateral meetings without Beijing say so, what do

756
00:38:43,160 --> 00:38:43,600
Speaker 2: you make of that?

757
00:38:44,360 --> 00:38:47,880
Speaker 20: Yes, I'm intrigued by that. There has been an agreement

758
00:38:48,000 --> 00:38:51,520
Speaker 20: signed in the last few weeks between the Chinese and

759
00:38:51,719 --> 00:38:55,040
Speaker 20: Mark Brown, the Prime Minister of the Cook Islands, on

760
00:38:55,200 --> 00:38:59,240
Speaker 20: what's called the Blue Economy, which will give China access

761
00:38:59,400 --> 00:39:03,839
Speaker 20: to the reserves and environment around the Cook Islands, which

762
00:39:03,840 --> 00:39:06,520
Speaker 20: is a huge area. Of course, Cook Islands only have

763
00:39:06,560 --> 00:39:10,000
Speaker 20: a very small population, a resident population about fifteen thousand.

764
00:39:10,040 --> 00:39:13,480
Speaker 20: You've actually got more living Cook Islanders in New Zealand

765
00:39:13,520 --> 00:39:16,000
Speaker 20: that there are back on the Cook Islands. But they've

766
00:39:16,040 --> 00:39:18,799
Speaker 20: got a huge amount of the Pacific Ocean for which

767
00:39:18,800 --> 00:39:21,799
Speaker 20: they're responsible and they've adopted this new agreement. Now, how

768
00:39:21,880 --> 00:39:24,520
Speaker 20: much more the Cook Islands is going to sign over

769
00:39:24,600 --> 00:39:25,840
Speaker 20: to China. It's very worrying.

770
00:39:25,960 --> 00:39:29,080
Speaker 2: Indeed, absolutely, thanks so much for your time, Keith suit

771
00:39:29,120 --> 00:39:32,120
Speaker 2: it with us. He's Channel seven, Australia's foreign editor and

772
00:39:32,200 --> 00:39:35,279
Speaker 2: international relations expert, thirteen minutes after five. Just so that

773
00:39:35,400 --> 00:39:37,919
Speaker 2: you know, this is from Richard Harmond's report. He says,

774
00:39:37,960 --> 00:39:41,440
Speaker 2: in addition to this requirement that they consult with Beijing

775
00:39:41,560 --> 00:39:43,160
Speaker 2: on you know, before they go and have a meeting

776
00:39:43,280 --> 00:39:46,040
Speaker 2: with someone else from around the world. Another, the other

777
00:39:46,080 --> 00:39:49,160
Speaker 2: one that's raising eyebrows in this action plan is that

778
00:39:49,280 --> 00:39:53,239
Speaker 2: the two countries provide support to the candidates of each

779
00:39:53,320 --> 00:39:56,560
Speaker 2: of the other two countries during the elections of various

780
00:39:56,640 --> 00:40:00,600
Speaker 2: boards and committees of the organizations to which we both belong.

781
00:40:01,200 --> 00:40:03,680
Speaker 2: So you can imagine, I don't know, someone's running to

782
00:40:03,760 --> 00:40:06,799
Speaker 2: be the head of the un or something, and you're

783
00:40:06,840 --> 00:40:10,720
Speaker 2: basically committing to supporting each other. This say Country inside

784
00:40:10,760 --> 00:40:13,560
Speaker 2: the realm of New Zealand. Thirteen minutes after five. Are

785
00:40:13,600 --> 00:40:16,680
Speaker 2: you a big drinker? What are you drinking? We've got

786
00:40:16,719 --> 00:40:19,920
Speaker 2: the stats on booze for New Zealand. Next, now strap

787
00:40:20,000 --> 00:40:22,360
Speaker 2: yourself and get your credit card at the ready and

788
00:40:22,520 --> 00:40:25,080
Speaker 2: grab a case of one of the most ludicrously good

789
00:40:25,160 --> 00:40:28,080
Speaker 2: wine deals you'll see all year. And it's available online

790
00:40:28,160 --> 00:40:29,920
Speaker 2: right now at the Good Wine Code. This is a

791
00:40:30,080 --> 00:40:34,719
Speaker 2: canceled export order of mammoth proportions. It's quality Mulbras Savignon blanc,

792
00:40:34,800 --> 00:40:38,000
Speaker 2: originally destined for an offshore market and now being urgently

793
00:40:38,120 --> 00:40:40,479
Speaker 2: cleared at a rock bottom price of nine dollars ninety

794
00:40:40,600 --> 00:40:44,960
Speaker 2: nine per bottle. Yep nine nine canceled export order Mulbreus

795
00:40:44,960 --> 00:40:48,239
Speaker 2: Savinyon Blanc. The wine is called Southern Lines mulbra saven

796
00:40:48,280 --> 00:40:50,840
Speaker 2: Yon Blanc twenty twenty three. And it's just say, the

797
00:40:50,960 --> 00:40:53,200
Speaker 2: quality that you're getting here for the money is off

798
00:40:53,239 --> 00:40:56,160
Speaker 2: the scale. This says classic Mulbres save in a glass,

799
00:40:56,320 --> 00:41:00,400
Speaker 2: a mouth filling style full of zesty tropical fruitflow and

800
00:41:00,640 --> 00:41:04,080
Speaker 2: a refreshing, dry finish, mark our words. You will be

801
00:41:04,200 --> 00:41:06,719
Speaker 2: seriously impressed and it gets better. Pay just one dollar

802
00:41:06,760 --> 00:41:10,040
Speaker 2: per case delivery nationwide conditions apply. Don't miss out on this.

803
00:41:10,239 --> 00:41:12,760
Speaker 2: It is going to fly off the shelves. This is quality.

804
00:41:12,880 --> 00:41:16,160
Speaker 2: Marlbras seven Yon Blanc canceled export order nine to ninety

805
00:41:16,239 --> 00:41:18,360
Speaker 2: nine per bottle and a dollar per case delivery to

806
00:41:18,440 --> 00:41:20,400
Speaker 2: your door. Now. The phones will be ringing hot. So

807
00:41:20,480 --> 00:41:22,400
Speaker 2: your best bet is to order online right now. Go

808
00:41:22,480 --> 00:41:25,160
Speaker 2: to the Goodwineco dot co dot nz or you can

809
00:41:25,239 --> 00:41:27,440
Speaker 2: call eight hundred double six two double six.

810
00:41:27,320 --> 00:41:28,760
Speaker 3: To two Ryan Bridge.

811
00:41:29,200 --> 00:41:32,120
Speaker 2: Strong beer seems to have been the drink of choice

812
00:41:32,200 --> 00:41:34,520
Speaker 2: last year. New data from stats n Z out today.

813
00:41:34,520 --> 00:41:36,920
Speaker 2: It shows that a bear consumption was up four and

814
00:41:36,960 --> 00:41:41,720
Speaker 2: a half percent overall, while drinks more than five percent

815
00:41:41,880 --> 00:41:44,319
Speaker 2: in strength. We're up three point nine percent over all.

816
00:41:44,360 --> 00:41:47,160
Speaker 2: The volume of booze that we're drinking available per person.

817
00:41:47,440 --> 00:41:50,120
Speaker 2: There was a fall. It has fallen actually for the

818
00:41:50,200 --> 00:41:53,000
Speaker 2: past four years. Dylan Firth is the with the Alcohol

819
00:41:53,040 --> 00:41:53,840
Speaker 2: Beverages Council.

820
00:41:53,880 --> 00:41:54,279
Speaker 20: He's with me.

821
00:41:54,360 --> 00:41:57,600
Speaker 2: Hi, Dylan, Yeah, Hi, Ryan, here you go, good, thank you.

822
00:41:57,800 --> 00:42:01,080
Speaker 2: So why do you think the move to beer or

823
00:42:01,200 --> 00:42:03,640
Speaker 2: why has beer done well, and particularly stronger beer.

824
00:42:05,080 --> 00:42:05,279
Speaker 20: Yeah.

825
00:42:05,520 --> 00:42:07,120
Speaker 21: Well, I mean, if you look at the data in

826
00:42:07,200 --> 00:42:10,600
Speaker 21: terms of percentage, that figure of stronger beer has increased

827
00:42:10,600 --> 00:42:12,440
Speaker 21: a little bit, but in terms of the segment of

828
00:42:12,480 --> 00:42:14,719
Speaker 21: the market, stronger beer makes up a smaller percentage, So

829
00:42:15,200 --> 00:42:17,360
Speaker 21: if you're looking at percentages, yes it has increased, but

830
00:42:17,440 --> 00:42:20,000
Speaker 21: in terms of volume overall, Actually, the biggest shifts have

831
00:42:20,080 --> 00:42:22,560
Speaker 21: been in people moving from kind of five percent beers

832
00:42:22,600 --> 00:42:24,600
Speaker 21: to say, four percent beers, And that's where one of

833
00:42:24,640 --> 00:42:27,120
Speaker 21: the trends we've seen, and that's made up from you know,

834
00:42:27,200 --> 00:42:29,560
Speaker 21: your more mainstream products that might be a bit more affordable,

835
00:42:29,600 --> 00:42:31,640
Speaker 21: so people are kind of looking at their wallets. But

836
00:42:31,800 --> 00:42:34,080
Speaker 21: also we've seen a really big shift to people drinking

837
00:42:34,200 --> 00:42:36,359
Speaker 21: low card beers and that also sits in that four

838
00:42:36,400 --> 00:42:37,000
Speaker 21: percent range.

839
00:42:37,040 --> 00:42:40,120
Speaker 2: So that's where the big shifts in here. Okay, interesting

840
00:42:40,200 --> 00:42:42,359
Speaker 2: because I do that. I do the low card bears now,

841
00:42:42,480 --> 00:42:45,080
Speaker 2: and I'm a convert. You know, I'll never go back.

842
00:42:45,600 --> 00:42:47,400
Speaker 2: You're not as fat the next day, It's great.

843
00:42:48,280 --> 00:42:50,640
Speaker 21: Yeah, well, I mean that's pretty much the biggest segment

844
00:42:50,680 --> 00:42:52,799
Speaker 21: of the market now. Low car beers make up about

845
00:42:52,800 --> 00:42:55,040
Speaker 21: twenty percent of the beer market in total, so a

846
00:42:55,080 --> 00:42:56,960
Speaker 21: lot of those brands are shifting, whether it's the mainstream

847
00:42:56,960 --> 00:42:59,200
Speaker 21: stuff of craft. So it's really interesting to see. And

848
00:42:59,280 --> 00:43:01,400
Speaker 21: that's a lot of it driven by consumer preferences.

849
00:43:02,000 --> 00:43:06,600
Speaker 2: What about overall the alcohol available per person falling and

850
00:43:06,680 --> 00:43:08,360
Speaker 2: falling for four years in a row. What does that

851
00:43:08,480 --> 00:43:08,799
Speaker 2: tell us?

852
00:43:09,800 --> 00:43:11,680
Speaker 21: Yeah, I think people are moving to a more moderate

853
00:43:11,719 --> 00:43:13,960
Speaker 21: consumption model. I think people are deciding to still have

854
00:43:14,000 --> 00:43:16,600
Speaker 21: a drink, but drink less or drink lower percentage products.

855
00:43:16,600 --> 00:43:19,520
Speaker 21: And we've seen this trend happening both domestically and internationally

856
00:43:19,600 --> 00:43:23,000
Speaker 21: for years now, and we've really pleasingly seen that shift

857
00:43:23,040 --> 00:43:25,319
Speaker 21: and younger people as well, so more conscious of kind

858
00:43:25,360 --> 00:43:28,000
Speaker 21: of how much they're drinking and trying to be cautious

859
00:43:28,000 --> 00:43:28,560
Speaker 21: around these things.

860
00:43:29,360 --> 00:43:31,920
Speaker 2: Table wine down four point one percent to ninety four

861
00:43:31,960 --> 00:43:35,200
Speaker 2: million leases. I guess wine is quite a luxury. I mean,

862
00:43:35,360 --> 00:43:37,440
Speaker 2: and you've got to buy and be able to afford

863
00:43:37,480 --> 00:43:38,200
Speaker 2: a whole bottle of it.

864
00:43:39,440 --> 00:43:40,480
Speaker 3: Yeah, one's an interesting one.

865
00:43:40,480 --> 00:43:42,520
Speaker 21: We've obviously got quite a big export wine sector, so

866
00:43:42,840 --> 00:43:45,200
Speaker 21: the demands around that can be slightly distant when what

867
00:43:45,280 --> 00:43:47,120
Speaker 21: you'd say with spirits and deer, because we do export

868
00:43:47,160 --> 00:43:49,000
Speaker 21: a lot of it. So those figures have a lot

869
00:43:49,040 --> 00:43:50,440
Speaker 21: of international impact as well.

870
00:43:51,080 --> 00:43:53,080
Speaker 2: Okay with the Dylan, thank you for that. Dylan Firth,

871
00:43:53,160 --> 00:43:55,600
Speaker 2: Deputy Chair of the Alcohol Beverages Council, just gone twenty

872
00:43:55,640 --> 00:43:59,480
Speaker 2: after five, Bryan Bridge. So in Wellington there's a mural

873
00:43:59,600 --> 00:44:01,080
Speaker 2: and you might I have seen it if you've been

874
00:44:01,160 --> 00:44:04,040
Speaker 2: from the airport in Wellington into the city. If you're

875
00:44:04,040 --> 00:44:05,879
Speaker 2: coming from the airport, it's on your left hand side.

876
00:44:05,920 --> 00:44:09,279
Speaker 2: There's the ASB Sports Center. At least the sponsor used

877
00:44:09,280 --> 00:44:10,640
Speaker 2: to be ASB. I don't know who it is now,

878
00:44:11,560 --> 00:44:13,640
Speaker 2: big one on your left hand side in Kilbernie. And

879
00:44:14,160 --> 00:44:16,520
Speaker 2: what the council did, because the council is so smart.

880
00:44:16,600 --> 00:44:19,600
Speaker 2: You know, this is Wellington where you can't flush your

881
00:44:19,640 --> 00:44:22,000
Speaker 2: toilet for fear your waist blend up on the streets,

882
00:44:22,239 --> 00:44:26,359
Speaker 2: or you know, you can't go anywhere, you can't drive

883
00:44:26,400 --> 00:44:29,400
Speaker 2: anywhere for fear that you'll be held up by a cyclist.

884
00:44:29,680 --> 00:44:32,480
Speaker 2: You know they'll they'll let one cyclist hold up an

885
00:44:32,600 --> 00:44:36,080
Speaker 2: entire motorway of traffic. And I'm not even kidding anyway.

886
00:44:36,200 --> 00:44:38,920
Speaker 2: What they've done in Wellington and their infinite wisdom is

887
00:44:39,560 --> 00:44:42,640
Speaker 2: paint a mural on the wall. It's called the Realms

888
00:44:42,760 --> 00:44:45,480
Speaker 2: to the World of light and the taxpayers Union's not happy.

889
00:44:45,600 --> 00:44:49,279
Speaker 2: Why because it cost one hundred thousand dollars. Here's the

890
00:44:49,360 --> 00:44:52,960
Speaker 2: cost breakdown. The design and commission fees were only four grand,

891
00:44:53,800 --> 00:44:59,399
Speaker 2: The contract and legal fees for a mural five seven

892
00:44:59,520 --> 00:45:05,280
Speaker 2: hundred wall preparation twenty five thousand dollars, mural panels fifty

893
00:45:05,360 --> 00:45:10,440
Speaker 2: two thousand dollars, installation five thousand, four hundred dollars. Total

894
00:45:10,520 --> 00:45:15,160
Speaker 2: cost ninety three thousand, eight hundred and nineteen dollars. Your

895
00:45:15,239 --> 00:45:18,440
Speaker 2: on news talk, said b Chloe Swarbrooks had quite given

896
00:45:18,520 --> 00:45:22,000
Speaker 2: quite the speech in Auckland. I'll running through that next, moving.

897
00:45:21,800 --> 00:45:25,520
Speaker 1: The big stories of the day forward. It's Ryan Bridge

898
00:45:25,560 --> 00:45:28,440
Speaker 1: on Heather d for see Ellen drive with one New

899
00:45:28,520 --> 00:45:31,280
Speaker 1: Zealand let's get connected news talks.

900
00:45:31,320 --> 00:45:34,399
Speaker 2: He'd be twenty four after five. The Greens and Chloe

901
00:45:34,560 --> 00:45:39,080
Speaker 2: swarbrook delivered a State of the Planet address in Auckland. Today.

902
00:45:39,360 --> 00:45:42,000
Speaker 2: Have a listened to some of what she had to say, so.

903
00:45:42,080 --> 00:45:45,920
Speaker 22: They have painted targets. Those painted targets are not the

904
00:45:45,960 --> 00:45:50,120
Speaker 22: people who are actually responsible for causing this poverty, this homelessness,

905
00:45:50,200 --> 00:45:55,239
Speaker 22: this unemployment, and this understandable quite deep rage. No, the

906
00:45:55,400 --> 00:45:56,880
Speaker 22: chosen targets.

907
00:45:56,520 --> 00:45:58,480
Speaker 3: Are indigenous peoples.

908
00:45:58,800 --> 00:46:02,800
Speaker 22: Those chosen targets are our rainbow communities. The chosen targets

909
00:46:02,920 --> 00:46:03,640
Speaker 22: are migrants.

910
00:46:05,000 --> 00:46:07,640
Speaker 2: Just so that we're clear, Chloe Swarbrick is talking about

911
00:46:07,800 --> 00:46:11,360
Speaker 2: right wing people, the right wing, she calls them. In

912
00:46:11,440 --> 00:46:15,520
Speaker 2: her address today, she begins by asking those who are

913
00:46:15,560 --> 00:46:18,799
Speaker 2: in attendance, which by the way, are Green Party supporters,

914
00:46:20,000 --> 00:46:23,480
Speaker 2: raise your hand if you're excited about the future, She says.

915
00:46:23,600 --> 00:46:27,960
Speaker 2: Every single time I do this, wherever I speak, fewer

916
00:46:28,040 --> 00:46:30,400
Speaker 2: than half a dozen people in a sea of hundreds

917
00:46:30,440 --> 00:46:33,120
Speaker 2: put their hands up. This, my friend, she says, is

918
00:46:33,160 --> 00:46:36,439
Speaker 2: our problem. Trickle down politicians and their donors have spent

919
00:46:36,480 --> 00:46:39,399
Speaker 2: at least forty years coming after us and coming after

920
00:46:39,520 --> 00:46:42,520
Speaker 2: our public services, our media, and our democracy. This is

921
00:46:42,600 --> 00:46:46,560
Speaker 2: the tone that Chloe Swarbrick and the Greens are setting

922
00:46:47,120 --> 00:46:51,600
Speaker 2: at their speeches in Auckland today. And the right wing

923
00:46:51,760 --> 00:46:55,680
Speaker 2: thing will, I think irk some people, because what she

924
00:46:55,840 --> 00:46:59,120
Speaker 2: has said is that the right wing in New Zealand,

925
00:47:00,000 --> 00:47:02,920
Speaker 2: when they try and grow wealth, when they try and

926
00:47:03,160 --> 00:47:07,080
Speaker 2: grow growth, when they try and build the economy back

927
00:47:07,200 --> 00:47:10,239
Speaker 2: up after COVID, what they are actually trying to do,

928
00:47:10,560 --> 00:47:15,720
Speaker 2: according to Chloe, is to target and put down indigenous people,

929
00:47:16,960 --> 00:47:22,120
Speaker 2: rainbow people and migrant people. And I think that's a

930
00:47:22,160 --> 00:47:25,319
Speaker 2: pretty outrageous thing to say and a pretty inflammatory thing

931
00:47:25,440 --> 00:47:29,799
Speaker 2: to say. Actually. The co leader of the Greens also

932
00:47:29,920 --> 00:47:34,480
Speaker 2: goes on to say that any company making profit is

933
00:47:34,640 --> 00:47:38,520
Speaker 2: basically the cause of your misery the crowd that she

934
00:47:38,680 --> 00:47:42,680
Speaker 2: is talking to. She says, your beef is with the

935
00:47:42,800 --> 00:47:46,279
Speaker 2: system that forces almost everyone you know into a life

936
00:47:46,440 --> 00:47:50,359
Speaker 2: of struggle, and more precisely, your beef is with those

937
00:47:50,480 --> 00:47:54,160
Speaker 2: who profit from it. So any business making a profit

938
00:47:54,560 --> 00:47:57,480
Speaker 2: in New Zealand, particularly if you are in the housing sector,

939
00:47:58,960 --> 00:48:02,279
Speaker 2: you are the core of their misery. I think these

940
00:48:02,280 --> 00:48:05,479
Speaker 2: are quite inflammatory things to say from the co leader

941
00:48:05,560 --> 00:48:07,960
Speaker 2: of the Green Party. We'd love to know your thoughts.

942
00:48:08,080 --> 00:48:10,920
Speaker 2: Nine to nine two is the number to text. Twenty

943
00:48:10,960 --> 00:48:14,560
Speaker 2: seven minutes after five, Ryan Bridge lots to come after

944
00:48:14,640 --> 00:48:17,520
Speaker 2: five point thirty, we're gonna have the huddle and we're

945
00:48:17,560 --> 00:48:20,560
Speaker 2: gonna talk about China. Obviously that's on the menu. We're

946
00:48:20,560 --> 00:48:22,720
Speaker 2: also going to talk to Robert Irvine. He's with Auckland

947
00:48:22,760 --> 00:48:26,080
Speaker 2: Council because the council is doing a crackdown on people

948
00:48:26,160 --> 00:48:28,759
Speaker 2: who have not registered their dogs. So if you haven't

949
00:48:28,760 --> 00:48:31,240
Speaker 2: done that you might want to because a big whopping

950
00:48:31,400 --> 00:48:32,839
Speaker 2: fine could be coming your way.

951
00:48:33,000 --> 00:48:41,000
Speaker 1: It's all ahead, recamping the day's big news and making

952
00:48:41,080 --> 00:48:44,879
Speaker 1: tomorrow's headlines. It's Ryan Bridge on Heather Duper c Allen

953
00:48:45,000 --> 00:48:49,480
Speaker 1: Drive with one New Zealand let's get connected news talks.

954
00:48:49,520 --> 00:48:52,479
Speaker 3: That'd be if this world were.

955
00:48:52,560 --> 00:48:57,400
Speaker 20: Muy from almost seven day, it.

956
00:48:57,480 --> 00:48:59,960
Speaker 2: Is twenty five minutes away from six year listening to newstalks.

957
00:49:00,600 --> 00:49:03,000
Speaker 2: Great to have your company. NZ and Me, the company

958
00:49:03,000 --> 00:49:05,959
Speaker 2: which owns news Talk ZB has released its results today.

959
00:49:06,080 --> 00:49:08,680
Speaker 2: So earnings are at fifty four point two million dollars

960
00:49:08,760 --> 00:49:12,120
Speaker 2: a net loss after tax sixteen million dollars. But there

961
00:49:12,200 --> 00:49:15,200
Speaker 2: was an impairment. We'll explain what that impairment was when

962
00:49:15,239 --> 00:49:19,799
Speaker 2: I interviewed my boss, the NZME boss Bogzy. We call

963
00:49:20,080 --> 00:49:22,959
Speaker 2: Michael Boggs. After six here on news Talk SEDB twenty

964
00:49:23,040 --> 00:49:23,440
Speaker 2: five to two.

965
00:49:23,880 --> 00:49:24,640
Speaker 3: Brian Bread.

966
00:49:26,120 --> 00:49:29,720
Speaker 2: In Auckland's the councils cracking down on unregistered dog owners.

967
00:49:29,760 --> 00:49:33,480
Speaker 2: Around five thousand, five hundred infringement notices will be handed

968
00:49:33,520 --> 00:49:36,600
Speaker 2: out over the coming days. They say it's the first

969
00:49:36,760 --> 00:49:39,800
Speaker 2: step to responsible dog ownership and will slap owners with

970
00:49:39,880 --> 00:49:42,440
Speaker 2: a three hundred dollars fine. If they don't register. The

971
00:49:42,480 --> 00:49:45,239
Speaker 2: Council's general manager of Compliance, Robert Irvine, is with me, Robert,

972
00:49:45,280 --> 00:49:45,720
Speaker 2: good evening.

973
00:49:47,000 --> 00:49:47,959
Speaker 23: Hi, right, how are you going?

974
00:49:48,040 --> 00:49:48,200
Speaker 20: Good?

975
00:49:48,280 --> 00:49:51,680
Speaker 2: Thank you? So five five hundred dog owners have not

976
00:49:51,880 --> 00:49:55,880
Speaker 2: registered on time? Do they pay the three hundred If

977
00:49:55,880 --> 00:49:57,759
Speaker 2: they pay the three hundred dollar fine, do they then

978
00:49:57,840 --> 00:50:00,239
Speaker 2: have to still pay the two hundred to register as well?

979
00:50:01,160 --> 00:50:04,080
Speaker 23: Yeah, so we'll work with them on that. Effectively, if

980
00:50:04,160 --> 00:50:06,359
Speaker 23: they pay the registration, there's a chance that we could

981
00:50:06,400 --> 00:50:08,160
Speaker 23: waiver the infringement fine.

982
00:50:08,840 --> 00:50:11,160
Speaker 2: Ah okay, how what's the grace period?

983
00:50:11,960 --> 00:50:12,080
Speaker 20: Ah?

984
00:50:12,239 --> 00:50:15,239
Speaker 23: Look, you know, we want to obviously follow up and

985
00:50:15,480 --> 00:50:17,520
Speaker 23: we will chase up with them, and if we think

986
00:50:17,560 --> 00:50:21,720
Speaker 23: it's within the month, we will be able to actually

987
00:50:23,040 --> 00:50:23,760
Speaker 23: get that response.

988
00:50:24,120 --> 00:50:25,960
Speaker 2: If I'm being honest with you, I mean, I've got

989
00:50:26,000 --> 00:50:28,239
Speaker 2: my dog registered, but I do put it off, and

990
00:50:28,280 --> 00:50:29,600
Speaker 2: I put it off and I put it off because

991
00:50:29,640 --> 00:50:30,080
Speaker 2: it's how much?

992
00:50:30,160 --> 00:50:30,279
Speaker 3: Is it?

993
00:50:30,320 --> 00:50:31,440
Speaker 2: Two hundred and something?

994
00:50:32,239 --> 00:50:32,439
Speaker 20: Yeah?

995
00:50:32,520 --> 00:50:36,000
Speaker 23: The fees range. It ranges from seventy four dollars through

996
00:50:36,040 --> 00:50:37,719
Speaker 23: to about two hundred and thirty, and so if you

997
00:50:37,800 --> 00:50:39,400
Speaker 23: do get in early, there is a discount.

998
00:50:39,719 --> 00:50:42,360
Speaker 2: Right, I'm not one for early things. Two hundred and

999
00:50:42,400 --> 00:50:46,520
Speaker 2: thirteen dollars for a year for your dog registration. What

1000
00:50:46,680 --> 00:50:47,640
Speaker 2: does that Where does that go?

1001
00:50:48,760 --> 00:50:49,000
Speaker 3: Yeah?

1002
00:50:49,080 --> 00:50:52,200
Speaker 23: Look, and again that's a max. Like I said, it

1003
00:50:52,480 --> 00:50:55,120
Speaker 23: starts at seventy four dollars, where if you're a responsible

1004
00:50:55,120 --> 00:50:58,120
Speaker 23: dog in a you know, we give you a discount

1005
00:50:58,160 --> 00:51:00,920
Speaker 23: and is also the early discount. But effectively where that

1006
00:51:01,120 --> 00:51:05,440
Speaker 23: goes there's really around providing the services for animal management.

1007
00:51:06,200 --> 00:51:08,600
Speaker 23: We provide a raft of services out there in terms

1008
00:51:08,600 --> 00:51:13,080
Speaker 23: of protecting the public from roaming dogs and from effectively

1009
00:51:14,800 --> 00:51:18,239
Speaker 23: you know, picking up strays and also any animals that

1010
00:51:18,280 --> 00:51:20,800
Speaker 23: are left with us. It also, I guess deals with

1011
00:51:20,880 --> 00:51:23,680
Speaker 23: a lot of investigations that we do. There are unfortunately,

1012
00:51:24,920 --> 00:51:27,319
Speaker 23: dog attacks that we then have to go and investigate.

1013
00:51:27,440 --> 00:51:30,239
Speaker 23: So a lot of this money from registration process goes

1014
00:51:30,280 --> 00:51:32,040
Speaker 23: to dealing with those issues.

1015
00:51:32,920 --> 00:51:35,320
Speaker 2: It's a shame because it must be a very expensive

1016
00:51:35,360 --> 00:51:36,800
Speaker 2: business to be and I suppose it is.

1017
00:51:37,880 --> 00:51:40,879
Speaker 23: Yeah, yeah, I mean I think that's it's you We're

1018
00:51:40,880 --> 00:51:42,640
Speaker 23: a light city, so you know, we have a lot

1019
00:51:42,680 --> 00:51:43,200
Speaker 23: of issues.

1020
00:51:44,560 --> 00:51:46,040
Speaker 2: How often are you putting dogs down?

1021
00:51:47,480 --> 00:51:51,239
Speaker 23: Look, it's unfortunately, you know, due to the amount of

1022
00:51:51,360 --> 00:51:55,600
Speaker 23: roaming and you know, there's been quite a few issues

1023
00:51:56,280 --> 00:51:59,120
Speaker 23: in terms of I guess post COVID where we've seen

1024
00:51:59,160 --> 00:52:01,879
Speaker 23: a significant role as an amount of dogs and also

1025
00:52:01,920 --> 00:52:05,439
Speaker 23: a lot of unwanted dogs. So we impound roughly eight

1026
00:52:05,520 --> 00:52:08,719
Speaker 23: thousand dogs a year and really unfortunately around half of

1027
00:52:08,800 --> 00:52:13,319
Speaker 23: those are actually uthinazed right, it's a shame.

1028
00:52:14,200 --> 00:52:17,080
Speaker 2: Is it not odd that so you're a law abiding

1029
00:52:17,480 --> 00:52:21,960
Speaker 2: you're an early payment even with the dog registration? Why

1030
00:52:22,080 --> 00:52:25,480
Speaker 2: is it that dog owners have to subsidize bad you know,

1031
00:52:25,600 --> 00:52:28,000
Speaker 2: good dog owners subsidized bad dog owners. Should it not

1032
00:52:28,040 --> 00:52:31,520
Speaker 2: just come from a general council pool of unruly behavior.

1033
00:52:32,600 --> 00:52:35,520
Speaker 23: Look, it's not all goes towards, So there is balance

1034
00:52:35,600 --> 00:52:38,040
Speaker 23: between the two in that's something we do strike when

1035
00:52:38,120 --> 00:52:39,920
Speaker 23: we look at how much we're going to be charging

1036
00:52:40,040 --> 00:52:46,320
Speaker 23: for registration. So it's basically a contribution towards overarching services. So,

1037
00:52:46,560 --> 00:52:49,319
Speaker 23: like I said, it's not all going towards and there

1038
00:52:49,400 --> 00:52:51,120
Speaker 23: is a general balance, and that's not something we do

1039
00:52:51,200 --> 00:52:54,080
Speaker 23: look at when we're setting the registration freeze every year.

1040
00:52:54,880 --> 00:52:58,239
Speaker 2: Somebody's just text don very quickly before we go to

1041
00:52:58,360 --> 00:53:00,800
Speaker 2: say can you ask the council why they change the

1042
00:53:00,880 --> 00:53:04,160
Speaker 2: dog's registration number every time you apply for a new registration,

1043
00:53:04,280 --> 00:53:06,760
Speaker 2: And don't just allocate a number to your dog for life.

1044
00:53:08,680 --> 00:53:10,880
Speaker 23: Look at something. It's always something to be looked at.

1045
00:53:11,719 --> 00:53:14,479
Speaker 23: You know, it's part of a you know, we do charge.

1046
00:53:14,520 --> 00:53:17,560
Speaker 23: It's an annual fee. So in terms of that registration,

1047
00:53:17,800 --> 00:53:20,359
Speaker 23: that's just part of the process where you know, how

1048
00:53:20,440 --> 00:53:23,240
Speaker 23: we identify who's actually paid, you know, through the different

1049
00:53:23,320 --> 00:53:26,480
Speaker 23: tag colors. And again it's an annual fee that we charge,

1050
00:53:26,560 --> 00:53:28,440
Speaker 23: so we were to the anial process.

1051
00:53:29,320 --> 00:53:32,360
Speaker 2: Okay, all right, thanks very much for your time. Appreciate it.

1052
00:53:32,440 --> 00:53:35,879
Speaker 2: Robert basically messages if you hadn't haven't registered your dog,

1053
00:53:36,160 --> 00:53:38,439
Speaker 2: go out and do it. Robert Irvine Organ Council's General

1054
00:53:38,480 --> 00:53:41,040
Speaker 2: manager of Compliance. Time is twenty away from six.

1055
00:53:41,160 --> 00:53:45,080
Speaker 1: The Huddle with New Zealand Southerby's International Realty, local and

1056
00:53:45,160 --> 00:53:47,080
Speaker 1: global exposure like no other.

1057
00:53:47,560 --> 00:53:50,160
Speaker 2: Joining the Huddle tonight Jordan Williams and the Taxpayers Union.

1058
00:53:50,200 --> 00:53:53,040
Speaker 2: Good evening, Jordan, and Ellie Jones is here from Red

1059
00:53:53,120 --> 00:53:56,319
Speaker 2: PR Hi Ali, Hi, Ryan, how are you very well?

1060
00:53:56,440 --> 00:53:59,600
Speaker 2: Thank you. Let's talk about the big story of the day,

1061
00:53:59,680 --> 00:54:02,920
Speaker 2: and that is the citizen's arrest. Allie, would you ever

1062
00:54:03,239 --> 00:54:05,480
Speaker 2: if you saw it happening, would you ever get involved?

1063
00:54:06,480 --> 00:54:09,000
Speaker 13: Well, if it depends on the situation. I mean, the

1064
00:54:09,040 --> 00:54:11,160
Speaker 13: problem with me is I'm a fixer and I do

1065
00:54:11,360 --> 00:54:13,319
Speaker 13: things that I shouldn't have to do. Really, I need

1066
00:54:13,400 --> 00:54:16,839
Speaker 13: to just stick to my business and not stigmenos into

1067
00:54:16,840 --> 00:54:20,320
Speaker 13: other people's business. But if I see a woman being abused,

1068
00:54:20,360 --> 00:54:22,960
Speaker 13: if I see a child being abused or hurt, then

1069
00:54:23,040 --> 00:54:26,360
Speaker 13: yes I would. But what worries me about this is

1070
00:54:26,440 --> 00:54:29,840
Speaker 13: that it's a step away from are we going to

1071
00:54:30,000 --> 00:54:33,120
Speaker 13: allow guns or something for some sort of weapon for

1072
00:54:33,239 --> 00:54:36,600
Speaker 13: people to protect themselves? And why is it that we

1073
00:54:36,719 --> 00:54:39,080
Speaker 13: as members of the public are going to be in

1074
00:54:39,120 --> 00:54:41,640
Speaker 13: a position where we'll look at a situation and go, yeah,

1075
00:54:41,840 --> 00:54:44,800
Speaker 13: I think that that person stealing something, I will do something,

1076
00:54:45,320 --> 00:54:48,280
Speaker 13: And it might not be the right person to approach.

1077
00:54:48,680 --> 00:54:51,120
Speaker 13: You might not be capable of doing something. I just

1078
00:54:51,160 --> 00:54:52,839
Speaker 13: think we should leave the police to do the job

1079
00:54:52,880 --> 00:54:54,600
Speaker 13: and make sure that we've got enough police to do it.

1080
00:54:54,880 --> 00:54:56,720
Speaker 13: I think this is a thin edge of the wedge.

1081
00:54:56,800 --> 00:54:58,240
Speaker 6: Rhyme, bollocks.

1082
00:54:58,280 --> 00:55:02,400
Speaker 24: It's the other way around. The New Zealand wasn't a

1083
00:55:02,440 --> 00:55:06,120
Speaker 24: safe society because of we had a lot of police

1084
00:55:06,120 --> 00:55:08,800
Speaker 24: per people. We're a spread out society. New Zealand was

1085
00:55:09,239 --> 00:55:11,840
Speaker 24: a society because we were based on the old Peel

1086
00:55:11,920 --> 00:55:16,160
Speaker 24: policing principles that the police are the public and the

1087
00:55:16,200 --> 00:55:19,200
Speaker 24: public are the police. The police are you know, the

1088
00:55:19,800 --> 00:55:24,520
Speaker 24: old tradition that the police is simply full time exercising

1089
00:55:24,640 --> 00:55:28,240
Speaker 24: the duties of every citizen. This idea that the police

1090
00:55:28,280 --> 00:55:31,000
Speaker 24: are the praetorian guard and that you shouldn't you should,

1091
00:55:31,400 --> 00:55:34,200
Speaker 24: you know, look away and leave it to the professionals.

1092
00:55:35,040 --> 00:55:40,120
Speaker 24: That's not his Zealand and I was absolutely astonished that

1093
00:55:40,400 --> 00:55:44,560
Speaker 24: the Business New Zealand, the Employees and Manufacturer Association Alan McDonald,

1094
00:55:44,600 --> 00:55:46,960
Speaker 24: who's someone who I have a lot of regard for,

1095
00:55:47,600 --> 00:55:49,960
Speaker 24: has come out against it on the basis of all

1096
00:55:50,040 --> 00:55:52,759
Speaker 24: health and safety. Your best to leave it, you know,

1097
00:55:52,840 --> 00:55:55,920
Speaker 24: your dairy, Your business might be being ruined because these

1098
00:55:56,239 --> 00:55:59,040
Speaker 24: little thugs come and ramrad you or knicked stuff.

1099
00:55:59,360 --> 00:56:04,160
Speaker 2: But no, no, no, no, don't, don't. Don't the profession

1100
00:56:04,280 --> 00:56:06,280
Speaker 2: That's a problem for the government though, isn't it, because

1101
00:56:06,440 --> 00:56:09,239
Speaker 2: they have addressed this part of the legislation, But they

1102
00:56:09,320 --> 00:56:11,360
Speaker 2: haven't made any and aren't making any changes to the

1103
00:56:11,400 --> 00:56:12,400
Speaker 2: health and safety of yours.

1104
00:56:12,719 --> 00:56:13,440
Speaker 3: Well, look, there.

1105
00:56:13,400 --> 00:56:15,839
Speaker 13: Was a minister resigned. Didn't a minister resign this week

1106
00:56:15,880 --> 00:56:17,440
Speaker 13: from grabbing someone at the top of the you know,

1107
00:56:17,520 --> 00:56:18,120
Speaker 13: grabbing someone.

1108
00:56:18,600 --> 00:56:19,840
Speaker 24: I think they don't think that. I don't think that

1109
00:56:19,880 --> 00:56:22,399
Speaker 24: there's any allegation that the staffer was nicking something from

1110
00:56:22,440 --> 00:56:23,320
Speaker 24: the minister's office.

1111
00:56:24,800 --> 00:56:27,680
Speaker 13: Is the same Jordan. I mean, if you if you've

1112
00:56:27,680 --> 00:56:30,359
Speaker 13: got someone who's going to be, you know, resigning from

1113
00:56:30,360 --> 00:56:33,239
Speaker 13: a senior position because they grabbed someone in its arms,

1114
00:56:33,480 --> 00:56:33,919
Speaker 13: what's going.

1115
00:56:33,840 --> 00:56:35,400
Speaker 25: To happen when it's not.

1116
00:56:35,600 --> 00:56:37,520
Speaker 13: If you've got a kid nicking something in a dairy

1117
00:56:37,920 --> 00:56:39,520
Speaker 13: and you go up to them and grab their arm,

1118
00:56:39,600 --> 00:56:41,280
Speaker 13: well then what happens. You're done for assault?

1119
00:56:42,000 --> 00:56:45,120
Speaker 24: Well, I mean the minister was pointing out, you know,

1120
00:56:45,280 --> 00:56:48,360
Speaker 24: currently the law is it what is it over an

1121
00:56:48,400 --> 00:56:50,359
Speaker 24: offense of over two years? It's going to be at night,

1122
00:56:50,440 --> 00:56:53,239
Speaker 24: et cetera, et cetera. This used to actually rely on

1123
00:56:53,440 --> 00:56:56,719
Speaker 24: common sense being applied by the police in terms of

1124
00:56:57,120 --> 00:57:01,319
Speaker 24: who they prosecute, but in recent decade police have taken

1125
00:57:01,400 --> 00:57:04,480
Speaker 24: this very pious approach of know it's the same as

1126
00:57:05,239 --> 00:57:09,600
Speaker 24: again this health and safety lens of we don't celebrate

1127
00:57:09,680 --> 00:57:11,680
Speaker 24: heroes anymore, we prosecute them.

1128
00:57:12,400 --> 00:57:15,080
Speaker 2: I think, Ali, to your I think the problem we've

1129
00:57:15,120 --> 00:57:17,960
Speaker 2: got here because I would like to be on your

1130
00:57:18,040 --> 00:57:19,720
Speaker 2: side on this I would like to think that we

1131
00:57:19,880 --> 00:57:22,920
Speaker 2: don't need to be arming ourselves and going out there

1132
00:57:23,000 --> 00:57:25,720
Speaker 2: like vigilante mobs. But when you look at the numbers,

1133
00:57:25,760 --> 00:57:29,000
Speaker 2: an eighty five percent increase in retail crime over the

1134
00:57:29,080 --> 00:57:32,240
Speaker 2: last five years, we literally just don't have enough police

1135
00:57:32,640 --> 00:57:35,240
Speaker 2: to one be there at every incident and two to

1136
00:57:35,400 --> 00:57:37,240
Speaker 2: follow up on everyone so long.

1137
00:57:37,280 --> 00:57:39,680
Speaker 13: I don't disagree with you, Ryan, but the issue here

1138
00:57:39,880 --> 00:57:42,240
Speaker 13: is you cannot stick a plaster on this. You cannot

1139
00:57:42,320 --> 00:57:45,520
Speaker 13: give people the option to look at a situation and

1140
00:57:45,720 --> 00:57:49,360
Speaker 13: then apply the measure of what's reasonable force. I mean,

1141
00:57:49,760 --> 00:57:51,480
Speaker 13: that's the thin edge of the wedge. Yeah, I thought

1142
00:57:51,560 --> 00:57:52,880
Speaker 13: hitting the kid in the back of the head was

1143
00:57:52,920 --> 00:57:55,760
Speaker 13: reasonable force. The issue that you're talking about, as far

1144
00:57:55,840 --> 00:57:59,480
Speaker 13: as the increase in crime is a multifaceted issue. And

1145
00:57:59,600 --> 00:58:02,360
Speaker 13: this thing about the police that Jordan was talking about and.

1146
00:58:03,880 --> 00:58:04,560
Speaker 3: It is.

1147
00:58:06,080 --> 00:58:07,000
Speaker 10: It's about poverty.

1148
00:58:07,360 --> 00:58:09,920
Speaker 26: It's about and that's.

1149
00:58:10,000 --> 00:58:11,800
Speaker 24: That's the mostly not true. You know that the connect

1150
00:58:11,840 --> 00:58:14,560
Speaker 24: there's lots of countries around the world to have far

1151
00:58:14,600 --> 00:58:17,480
Speaker 24: more poverty and don't have the crime. One of those

1152
00:58:17,520 --> 00:58:19,320
Speaker 24: issues though surely as culture.

1153
00:58:19,640 --> 00:58:20,840
Speaker 3: And I mean it's.

1154
00:58:22,160 --> 00:58:25,280
Speaker 24: Very it's it's brought out by the broken windows theory

1155
00:58:25,280 --> 00:58:27,280
Speaker 24: and there's lots of you know, what is the norm

1156
00:58:27,320 --> 00:58:32,440
Speaker 24: around here. One of the reasons I believe why our

1157
00:58:32,600 --> 00:58:36,959
Speaker 24: CBDs is so unsafe on Saturday nights is that we're

1158
00:58:36,960 --> 00:58:38,800
Speaker 24: all told and we all look away when we see

1159
00:58:38,840 --> 00:58:42,920
Speaker 24: someone being intimidating or violent. I lived in Germany as

1160
00:58:42,920 --> 00:58:46,400
Speaker 24: a student and you know, even look at Oktoberfest. The

1161
00:58:46,480 --> 00:58:48,960
Speaker 24: only fans you see that Toberfest of between Australians, which

1162
00:58:49,000 --> 00:58:51,280
Speaker 24: we can we can all support because the Germans are

1163
00:58:51,320 --> 00:58:53,720
Speaker 24: far more willing to step in and say, you know,

1164
00:58:53,840 --> 00:58:55,080
Speaker 24: don't be don't.

1165
00:58:54,920 --> 00:58:55,280
Speaker 3: Be a door.

1166
00:58:56,880 --> 00:58:58,680
Speaker 2: We've lost that culture here.

1167
00:58:58,880 --> 00:59:03,560
Speaker 24: And this is on the same continuance about society.

1168
00:59:03,880 --> 00:59:04,760
Speaker 2: We want a society.

1169
00:59:04,840 --> 00:59:08,080
Speaker 24: Will people wit interfere with someone's getting We have.

1170
00:59:08,160 --> 00:59:09,600
Speaker 2: To part with her for a second. We've got to

1171
00:59:09,600 --> 00:59:12,360
Speaker 2: take this break. Jordan Williams, Taxpayers and Allie Jones red

1172
00:59:12,440 --> 00:59:13,840
Speaker 2: pr on the Huddle. Back in a second.

1173
00:59:14,840 --> 00:59:18,480
Speaker 1: The Huddle with New Zealand Sotheby's International Realty Glebed the

1174
00:59:18,600 --> 00:59:19,880
Speaker 1: marketing of your Home.

1175
00:59:20,080 --> 00:59:22,480
Speaker 2: News Talk to the b Jordan Williams and Allie Jones

1176
00:59:22,560 --> 00:59:24,880
Speaker 2: on the huddle. It's twelve minutes away from six. Great

1177
00:59:24,960 --> 00:59:27,560
Speaker 2: to have your company. This evening. Chloe Swarbrick has taken

1178
00:59:27,640 --> 00:59:29,800
Speaker 2: it to the right wing in her State of the

1179
00:59:29,840 --> 00:59:33,080
Speaker 2: Planet address in Auckland today to Party Faithful, she says

1180
00:59:33,120 --> 00:59:36,760
Speaker 2: the right wing is responsible for basically destroyed not only

1181
00:59:36,840 --> 00:59:43,520
Speaker 2: destroying the planet, but also impoverishing many, and particularly for targeting,

1182
00:59:43,800 --> 00:59:51,000
Speaker 2: she said, migrants, the rainbow community, and indigenous people. That's right.

1183
00:59:51,080 --> 00:59:53,760
Speaker 2: I was trying to remember all three. Ali, did you

1184
00:59:53,840 --> 00:59:55,880
Speaker 2: have a look at what Chloe had to say? What

1185
00:59:56,000 --> 00:59:56,760
Speaker 2: did you make of it?

1186
00:59:57,240 --> 00:59:59,040
Speaker 13: Yeah, I haven't had a look at the video, but

1187
00:59:59,560 --> 01:00:02,240
Speaker 13: I'm I'm kind of over this, to be honest, and

1188
01:00:03,080 --> 01:00:07,000
Speaker 13: I find it tedious and I find it grandstanding. I

1189
01:00:07,160 --> 01:00:11,040
Speaker 13: think that there are problems on both sides, at both

1190
01:00:11,240 --> 01:00:14,000
Speaker 13: ends of the political spectrum, and I think we've got

1191
01:00:14,040 --> 01:00:18,520
Speaker 13: to stop having this finger pointing going on from both

1192
01:00:18,840 --> 01:00:22,400
Speaker 13: the left and the right. I don't believe that, you know,

1193
01:00:22,520 --> 01:00:25,280
Speaker 13: she says, the chosen targets are indigenous people. I think

1194
01:00:25,320 --> 01:00:28,720
Speaker 13: the three you mentioned were the gay community, migrants, and Tingatafena.

1195
01:00:28,760 --> 01:00:32,240
Speaker 13: Well that's bollocks for a start, but I also see

1196
01:00:32,280 --> 01:00:34,160
Speaker 13: a lot of this finger pointing going on on the

1197
01:00:34,240 --> 01:00:37,120
Speaker 13: right as well. I'm all for the center, Jordan, I

1198
01:00:37,160 --> 01:00:38,400
Speaker 13: don't know how you feel about that.

1199
01:00:39,560 --> 01:00:43,000
Speaker 24: Yeah, it's something that concerns me a lot. The polarization

1200
01:00:43,120 --> 01:00:47,040
Speaker 24: and politics of it's you're not just wrong, you're bad,

1201
01:00:47,480 --> 01:00:48,480
Speaker 24: or you're morally flawed.

1202
01:00:49,520 --> 01:00:50,960
Speaker 2: I disagree. I think that.

1203
01:00:52,680 --> 01:00:54,280
Speaker 24: It is worse on the left, and I think that

1204
01:00:54,400 --> 01:00:57,560
Speaker 24: intellectually it's easier to come beyond the conservative side of

1205
01:00:57,600 --> 01:01:01,520
Speaker 24: politics and intellectually appreciate where the left is coming from,

1206
01:01:01,560 --> 01:01:03,440
Speaker 24: and sometimes that's more difficult.

1207
01:01:03,680 --> 01:01:05,280
Speaker 10: What do you think it's worse on the left.

1208
01:01:05,400 --> 01:01:06,240
Speaker 13: What makes you say that?

1209
01:01:07,200 --> 01:01:11,240
Speaker 24: Because I think that you know, I mean it. I

1210
01:01:11,320 --> 01:01:14,040
Speaker 24: think it's easier if you're a believer in markets and

1211
01:01:15,280 --> 01:01:20,040
Speaker 24: open economies to appreciate intellectually why socialism is an attractive idea.

1212
01:01:20,520 --> 01:01:22,440
Speaker 24: I think that if you're on that side of politics,

1213
01:01:22,480 --> 01:01:25,040
Speaker 24: it can be more difficult or it's counterintuitive.

1214
01:01:25,160 --> 01:01:26,920
Speaker 2: Sometimes, are you saying they're dumber than you?

1215
01:01:27,320 --> 01:01:28,080
Speaker 3: No, I'm not saying that.

1216
01:01:32,320 --> 01:01:36,600
Speaker 24: Open markets and a market based economy you do have

1217
01:01:36,680 --> 01:01:40,400
Speaker 24: to think in more depth around second order effects, that's true,

1218
01:01:40,760 --> 01:01:44,640
Speaker 24: Because that's not No, it's.

1219
01:01:44,560 --> 01:01:46,600
Speaker 13: Not right, because I think can I just interrupt for

1220
01:01:46,640 --> 01:01:48,120
Speaker 13: a second, okay, because I think one of the key

1221
01:01:48,160 --> 01:01:50,160
Speaker 13: things here is and this is what frustrates me about

1222
01:01:50,160 --> 01:01:52,480
Speaker 13: the right is that we often talk about GDP, we

1223
01:01:52,520 --> 01:01:54,160
Speaker 13: talk about growth, and I'm sure that you are far

1224
01:01:54,240 --> 01:01:56,520
Speaker 13: more up with that than I am. But there are

1225
01:01:56,600 --> 01:02:01,960
Speaker 13: actually nuances in those black and white to market economy

1226
01:02:02,200 --> 01:02:05,040
Speaker 13: arguments and understandings, and a lot of that is humanity.

1227
01:02:05,080 --> 01:02:06,760
Speaker 13: And that's where some of the elect comes in.

1228
01:02:07,600 --> 01:02:08,120
Speaker 20: And that's.

1229
01:02:10,400 --> 01:02:14,080
Speaker 24: Because you was suggesting that the reason I'm in politics

1230
01:02:14,280 --> 01:02:17,920
Speaker 24: is different to the reason that Chloe Swarbrook's and politics.

1231
01:02:20,040 --> 01:02:20,840
Speaker 3: That is not true.

1232
01:02:23,320 --> 01:02:25,080
Speaker 2: Do you know the way we want to get there

1233
01:02:25,200 --> 01:02:27,480
Speaker 2: is very different, but everyone wants the same thing, which

1234
01:02:27,520 --> 01:02:29,200
Speaker 2: is kids out of poverty. Do you know what the

1235
01:02:29,280 --> 01:02:32,040
Speaker 2: problem is? I think the problem is between the left

1236
01:02:32,200 --> 01:02:36,720
Speaker 2: and the right is that they're completely different personality types,

1237
01:02:36,920 --> 01:02:41,640
Speaker 2: speaking completely different languages. So you're talking about you know,

1238
01:02:42,320 --> 01:02:45,840
Speaker 2: markets and growth and et cetera, and the others are

1239
01:02:46,000 --> 01:02:49,160
Speaker 2: perhaps more empaths on the other side, who are more

1240
01:02:49,280 --> 01:02:51,800
Speaker 2: who are more in tune with talking about, you know,

1241
01:02:51,920 --> 01:02:54,200
Speaker 2: getting kids out of poverty or this stuff. Doesn't mean

1242
01:02:54,280 --> 01:02:56,880
Speaker 2: you don't care about it, but the way you'll also.

1243
01:02:56,720 --> 01:03:00,480
Speaker 13: See you see arrogance and dismissal on both sides.

1244
01:03:00,560 --> 01:03:00,920
Speaker 18: So wrong.

1245
01:03:02,080 --> 01:03:05,280
Speaker 24: That's called a politician. I think we had a incident

1246
01:03:05,400 --> 01:03:10,880
Speaker 24: yesterday that one of our staff, student interns and some

1247
01:03:11,000 --> 01:03:14,240
Speaker 24: volunteers are at club's day and got absolutely barreled up

1248
01:03:14,800 --> 01:03:18,560
Speaker 24: by to the extent that they packed up the stall early,

1249
01:03:19,160 --> 01:03:24,080
Speaker 24: and the MP subsequently apologized to my staff. But it

1250
01:03:24,160 --> 01:03:29,520
Speaker 24: was a Green Party MP absolutely going banana, saying, don't

1251
01:03:29,560 --> 01:03:33,960
Speaker 24: tell me it was it's an MP in Wellington who

1252
01:03:34,000 --> 01:03:37,800
Speaker 24: has pre who has some form in this area. But no,

1253
01:03:37,920 --> 01:03:39,720
Speaker 24: no that there was an apology then except that. But

1254
01:03:39,920 --> 01:03:42,280
Speaker 24: the the way that it was in what she was

1255
01:03:42,320 --> 01:03:47,000
Speaker 24: saying about, you know, paid shills and accusations about that

1256
01:03:47,080 --> 01:03:49,960
Speaker 24: were just totally bananas about funding and things like that.

1257
01:03:50,560 --> 01:03:51,080
Speaker 2: In person.

1258
01:03:51,760 --> 01:03:56,120
Speaker 24: It was in person she was literally yelling at at.

1259
01:03:55,800 --> 01:03:57,439
Speaker 2: My at Taxpayers Union.

1260
01:03:57,760 --> 01:04:00,480
Speaker 24: It was so as I say, she apologized except that

1261
01:04:00,720 --> 01:04:02,440
Speaker 24: we can can move.

1262
01:04:02,320 --> 01:04:06,720
Speaker 13: On, but persative though you can't, we'll hang on.

1263
01:04:08,200 --> 01:04:09,960
Speaker 24: There does seem to be a bit of a pattern

1264
01:04:10,040 --> 01:04:14,960
Speaker 24: in the Greens of a sort of righteousness piousness. This particular,

1265
01:04:15,120 --> 01:04:17,400
Speaker 24: this wasn't Chloe, but it was a particularly MP who

1266
01:04:17,440 --> 01:04:20,160
Speaker 24: has barreled up members of the public before.

1267
01:04:20,320 --> 01:04:22,080
Speaker 2: It's on the public record.

1268
01:04:22,600 --> 01:04:24,800
Speaker 24: I do think that when the Greens and they have

1269
01:04:24,960 --> 01:04:27,880
Speaker 24: talked about the polarization of politics, neaning to turn it down.

1270
01:04:28,440 --> 01:04:29,840
Speaker 24: I would suggest that they should look.

1271
01:04:29,720 --> 01:04:31,400
Speaker 2: At the look in the mart. All right, we have

1272
01:04:31,440 --> 01:04:33,920
Speaker 2: to leave it there. Guys, Jordan Williams, the Taxpaging and

1273
01:04:34,160 --> 01:04:36,600
Speaker 2: Allie Jones red PR on the huddle tonight. Thank you

1274
01:04:36,680 --> 01:04:40,160
Speaker 2: for your contributions. The text machines going absolutely nuts. We'll

1275
01:04:40,200 --> 01:04:42,640
Speaker 2: get to some of those shortly. It's seven to six.

1276
01:04:43,840 --> 01:04:47,080
Speaker 1: It's the Heather Duper c Allen Drive Full Show podcast

1277
01:04:47,240 --> 01:04:49,960
Speaker 1: on iHeartRadio powered by News TALKSZB.

1278
01:04:51,440 --> 01:04:54,560
Speaker 2: News Talks ZB. It is four minutes away from six.

1279
01:04:54,880 --> 01:04:56,959
Speaker 2: Coming up next, we're going to talk to the boss

1280
01:04:57,000 --> 01:04:59,600
Speaker 2: of nz ME, which owns The Herald and owns News

1281
01:04:59,640 --> 01:05:02,160
Speaker 2: Talks be what are the plans for the future. You

1282
01:05:02,280 --> 01:05:04,720
Speaker 2: might have heard of a little website called one Roof.

1283
01:05:05,400 --> 01:05:07,600
Speaker 2: It's where they always had these stories on the Herald

1284
01:05:07,640 --> 01:05:10,000
Speaker 2: and they get me every time because I love looking

1285
01:05:10,040 --> 01:05:12,880
Speaker 2: at what they call houseporn, which is where you have

1286
01:05:13,040 --> 01:05:17,400
Speaker 2: beautiful pictures of homes splashed across the newspapers. Well they

1287
01:05:17,480 --> 01:05:20,840
Speaker 2: do that very well, so they've got great news content.

1288
01:05:21,080 --> 01:05:23,440
Speaker 2: It's a big growing part of the business. So we'll

1289
01:05:23,440 --> 01:05:25,760
Speaker 2: talk to the boss about that. After six o'clock. Also

1290
01:05:25,880 --> 01:05:28,040
Speaker 2: Jane Tips Trainey will be with us. We'll get a

1291
01:05:28,120 --> 01:05:32,120
Speaker 2: market update from Milford and we're also going to look

1292
01:05:32,200 --> 01:05:37,320
Speaker 2: further at that crypto theft one point five billion US

1293
01:05:37,520 --> 01:05:40,640
Speaker 2: so about two point six billion New Zealand dollars and

1294
01:05:40,800 --> 01:05:43,919
Speaker 2: it was the North Koreans apparently that coming your way

1295
01:05:44,200 --> 01:05:44,960
Speaker 2: after six.

1296
01:06:16,240 --> 01:06:18,440
Speaker 3: Keeping track of where the money is flowing.

1297
01:06:18,840 --> 01:06:22,920
Speaker 1: The Business Hour with Ryan Bridge and who has insurance

1298
01:06:23,000 --> 01:06:26,800
Speaker 1: and investments, Grow your Wealth, Protect Your Future, News Talks

1299
01:06:26,800 --> 01:06:28,040
Speaker 1: at b Kidded.

1300
01:06:28,120 --> 01:06:30,800
Speaker 2: Then coming up to the Heralds and a Chip Trainee

1301
01:06:30,920 --> 01:06:34,000
Speaker 2: on the tax changes for charities. We've got an update

1302
01:06:34,080 --> 01:06:37,240
Speaker 2: for you, the market update with Melford of course, and

1303
01:06:37,400 --> 01:06:40,200
Speaker 2: how did North Korea steal more than two billion dollars

1304
01:06:40,240 --> 01:06:43,000
Speaker 2: in cryptocurrency. Gavin Gray has the latest from the UK

1305
01:06:44,280 --> 01:06:47,520
Speaker 2: media company endz Me, which owns this station. News talks,

1306
01:06:47,520 --> 01:06:50,040
Speaker 2: HEB and The New Zealand Herald is reporting a full

1307
01:06:50,120 --> 01:06:53,640
Speaker 2: year net loss of sixteen million dollars today, but they

1308
01:06:53,720 --> 01:06:56,720
Speaker 2: did have a big impairment of twenty four million dollars.

1309
01:06:56,760 --> 01:07:00,280
Speaker 2: We'll have more on that shortly. Earnings were down at

1310
01:07:00,480 --> 01:07:03,000
Speaker 2: down three point six percent for the year, but operating

1311
01:07:03,080 --> 01:07:06,800
Speaker 2: revenue was actually up slightly up two percent. Michael Boggs

1312
01:07:07,000 --> 01:07:10,440
Speaker 2: is the CEO of NS is me. Hello, good afternoon,

1313
01:07:10,520 --> 01:07:12,200
Speaker 2: good afternoon, Good to have you on the program. So

1314
01:07:12,360 --> 01:07:15,120
Speaker 2: what's this impairment for? What's worthless to the business?

1315
01:07:15,400 --> 01:07:17,720
Speaker 25: Effectively, what we have to do is every year assess

1316
01:07:18,040 --> 01:07:20,320
Speaker 25: all the different parts of the business. And as you

1317
01:07:20,360 --> 01:07:22,920
Speaker 25: can imagine, print is a business that is in decline

1318
01:07:22,920 --> 01:07:25,480
Speaker 25: and has been for many, many years. So what our

1319
01:07:25,520 --> 01:07:28,520
Speaker 25: auditors make us do is have a projection looking forward,

1320
01:07:29,200 --> 01:07:32,720
Speaker 25: using very conservative estimates as to what revenues and profits

1321
01:07:32,800 --> 01:07:35,600
Speaker 25: might come from that. And based on that conservative estimate,

1322
01:07:36,000 --> 01:07:38,280
Speaker 25: what are the assets worth on the balance sheet? Oh,

1323
01:07:38,480 --> 01:07:40,920
Speaker 25: what's the brand's worth and masteed, so not things you

1324
01:07:40,960 --> 01:07:43,560
Speaker 25: can physically touch, and if they're worthless.

1325
01:07:43,400 --> 01:07:44,680
Speaker 3: You have to take an impairment charge.

1326
01:07:44,760 --> 01:07:47,320
Speaker 2: In other words, newspapers are worthless, which would be no

1327
01:07:47,400 --> 01:07:51,600
Speaker 2: surprise to anyone, I suppose absolutely. So where does that

1328
01:07:51,760 --> 01:07:54,520
Speaker 2: leave you going forward? If you've got you know, there's

1329
01:07:54,560 --> 01:07:56,440
Speaker 2: talk that maybe you'd split off part of the business,

1330
01:07:56,480 --> 01:07:57,160
Speaker 2: your print business.

1331
01:07:57,640 --> 01:08:00,520
Speaker 25: Well, certainly no talk of splitting off the prints because

1332
01:08:00,560 --> 01:08:02,880
Speaker 25: it's a very successful part of our business and in fact,

1333
01:08:03,200 --> 01:08:06,680
Speaker 25: we continue to have really strong readership. Our print business

1334
01:08:06,840 --> 01:08:09,920
Speaker 25: actually only declined by three percent last year from the

1335
01:08:10,040 --> 01:08:12,400
Speaker 25: number or the revenue we got from our subscribers. So

1336
01:08:12,440 --> 01:08:16,880
Speaker 25: people are still absolutely loving the product and advertising remains

1337
01:08:16,920 --> 01:08:17,400
Speaker 25: really strong.

1338
01:08:17,680 --> 01:08:20,919
Speaker 2: You're just not growing. You're talking print as an online

1339
01:08:21,040 --> 01:08:26,040
Speaker 2: and a newspaper purely just the newspaper. Interesting, So where

1340
01:08:26,080 --> 01:08:27,800
Speaker 2: do you see when you look ahead? What are the

1341
01:08:27,880 --> 01:08:30,400
Speaker 2: areas that you see for growth? Obviously you've mentioned One

1342
01:08:30,479 --> 01:08:31,680
Speaker 2: Roof as a big one.

1343
01:08:31,880 --> 01:08:34,360
Speaker 25: Yes, indeed, so One Roof for the last three years,

1344
01:08:35,880 --> 01:08:38,240
Speaker 25: we haven't been trying to make a profit. Effectively, we're

1345
01:08:38,280 --> 01:08:41,599
Speaker 25: putting every dollar of incremental revenue we've made back into

1346
01:08:41,680 --> 01:08:43,439
Speaker 25: investing in the business to get it to grow. And

1347
01:08:43,520 --> 01:08:45,599
Speaker 25: what we seid is in twenty twenty four we will

1348
01:08:45,640 --> 01:08:47,240
Speaker 25: look to try and make a profit with One Roof.

1349
01:08:47,640 --> 01:08:50,120
Speaker 25: So we did have a four million dollar improvement in

1350
01:08:50,160 --> 01:08:51,000
Speaker 25: the bottom line.

1351
01:08:51,080 --> 01:08:53,320
Speaker 2: And there's talk that maybe you would split that off

1352
01:08:53,360 --> 01:08:54,360
Speaker 2: into a separate business.

1353
01:08:54,479 --> 01:08:54,639
Speaker 19: Yeah.

1354
01:08:54,680 --> 01:08:56,960
Speaker 25: What we've announced is that we'll do a strategic review

1355
01:08:57,000 --> 01:08:59,799
Speaker 25: of One Roof. So we've appointed an external party, Jarden

1356
01:09:00,120 --> 01:09:03,200
Speaker 25: Investment Bankers, to really review a number of things. One

1357
01:09:03,360 --> 01:09:06,040
Speaker 25: is how is it structured and what's the best way

1358
01:09:06,120 --> 01:09:08,240
Speaker 25: of the shareholdings of that business. Should we own all

1359
01:09:08,280 --> 01:09:09,880
Speaker 25: of it or should there be other shareholders in it?

1360
01:09:09,920 --> 01:09:10,479
Speaker 3: For example?

1361
01:09:10,920 --> 01:09:13,719
Speaker 25: Should we be investing more in it to go faster again,

1362
01:09:13,920 --> 01:09:17,040
Speaker 25: to actually make it worth more for our shareholders? And

1363
01:09:17,240 --> 01:09:20,040
Speaker 25: our key focus is we don't think the value of

1364
01:09:20,120 --> 01:09:22,800
Speaker 25: one roof today is being reflected in the NZB share price,

1365
01:09:23,160 --> 01:09:24,640
Speaker 25: and that's what we want to see. What should we

1366
01:09:24,680 --> 01:09:25,160
Speaker 25: be doing better.

1367
01:09:26,240 --> 01:09:28,280
Speaker 2: Let's talk about the market more generally. It's been a

1368
01:09:28,360 --> 01:09:30,720
Speaker 2: pretty tough time. It's been a pretty tough year for

1369
01:09:31,479 --> 01:09:35,200
Speaker 2: media businesses. How have you managed to I mean many

1370
01:09:35,240 --> 01:09:36,920
Speaker 2: people would look at this and say you've actually you've

1371
01:09:36,960 --> 01:09:38,000
Speaker 2: got away pretty well here.

1372
01:09:38,439 --> 01:09:38,639
Speaker 3: Yeah.

1373
01:09:38,680 --> 01:09:41,439
Speaker 25: So in total, our ebit DAR was down two million

1374
01:09:41,479 --> 01:09:43,840
Speaker 25: dollars on last year. So last year we did a

1375
01:09:43,920 --> 01:09:46,400
Speaker 25: fifty six point two million dollar EBITDAR. This year we

1376
01:09:46,439 --> 01:09:49,200
Speaker 25: did fifty four point two So in an environment that's

1377
01:09:49,200 --> 01:09:52,600
Speaker 25: pretty tough, we're pleased with that result. However, it was

1378
01:09:52,640 --> 01:09:54,920
Speaker 25: still down. So one of the things we've seen, and

1379
01:09:54,960 --> 01:09:56,880
Speaker 25: I think you'll be talking about your show every day,

1380
01:09:57,000 --> 01:09:59,200
Speaker 25: is there are glimmers of hope out there. We are

1381
01:09:59,320 --> 01:10:01,880
Speaker 25: seeing in flight down, we are seeing interest rates down,

1382
01:10:01,960 --> 01:10:05,720
Speaker 25: we are seeing GDP at beginning to grow, and so

1383
01:10:05,840 --> 01:10:09,880
Speaker 25: we think those are great indicators of future success, not

1384
01:10:10,040 --> 01:10:11,960
Speaker 25: only for New Zealand, but for our business.

1385
01:10:12,120 --> 01:10:14,800
Speaker 2: You've cut thirty jobs, you've saved four million dollars that

1386
01:10:14,840 --> 01:10:15,400
Speaker 2: you've finished.

1387
01:10:16,160 --> 01:10:18,840
Speaker 25: We're always looking, obviously as you'd expect, for ways to

1388
01:10:18,920 --> 01:10:21,479
Speaker 25: improve the business. But at the same time we're investing.

1389
01:10:21,640 --> 01:10:24,800
Speaker 25: We're introducing a new video, new show which requires more

1390
01:10:24,840 --> 01:10:26,000
Speaker 25: people back into the business.

1391
01:10:26,479 --> 01:10:29,360
Speaker 2: The revenue from that you've spoken about today, What do

1392
01:10:29,400 --> 01:10:31,519
Speaker 2: you make at the moment from video In terms of revenue,

1393
01:10:31,600 --> 01:10:31,880
Speaker 2: it's a.

1394
01:10:32,160 --> 01:10:35,000
Speaker 25: Very small amount, so it would be a minor amount

1395
01:10:35,040 --> 01:10:38,599
Speaker 25: of our overall digital revenue. But every person that watches

1396
01:10:38,640 --> 01:10:42,000
Speaker 25: a video we would earn significantly more a multiple times

1397
01:10:42,080 --> 01:10:44,439
Speaker 25: more than a person just looking at a static ad

1398
01:10:44,560 --> 01:10:47,040
Speaker 25: for example on the Herald. So we truly think we've

1399
01:10:47,080 --> 01:10:49,960
Speaker 25: got a real opportunity one to firstly engage an audience

1400
01:10:51,040 --> 01:10:53,800
Speaker 25: and then to actually be able to sell advertising on

1401
01:10:53,960 --> 01:10:57,360
Speaker 25: that show. Importantly, also, we've had a number of advertisers

1402
01:10:57,400 --> 01:10:59,360
Speaker 25: already approach us and say how can we be part

1403
01:10:59,400 --> 01:11:00,720
Speaker 25: of that? Which I think it's a really good sign.

1404
01:11:00,920 --> 01:11:02,559
Speaker 2: Do you how much do you expect to make off

1405
01:11:02,640 --> 01:11:03,200
Speaker 2: that video?

1406
01:11:04,240 --> 01:11:06,760
Speaker 25: It's not something that we're talking about publicly, but we

1407
01:11:07,000 --> 01:11:09,479
Speaker 25: expect it to become a substantial part of our business.

1408
01:11:09,880 --> 01:11:12,680
Speaker 2: Does The Herald's digital revenue cover the cost of its

1409
01:11:12,760 --> 01:11:15,160
Speaker 2: news production at this point or do you rely on

1410
01:11:15,360 --> 01:11:16,840
Speaker 2: that print publication?

1411
01:11:17,560 --> 01:11:19,519
Speaker 25: No, it absolutely does. So one of the things we

1412
01:11:19,600 --> 01:11:22,200
Speaker 25: did last year is we changed the way we report

1413
01:11:22,640 --> 01:11:26,040
Speaker 25: our profit loss of print versus digital. So now all

1414
01:11:26,120 --> 01:11:30,800
Speaker 25: of our journalists charges go to our digital business unless

1415
01:11:30,960 --> 01:11:34,639
Speaker 25: they are purely for a print product, and we actually

1416
01:11:34,720 --> 01:11:37,960
Speaker 25: make a profit from our digital business even after paying

1417
01:11:38,040 --> 01:11:40,760
Speaker 25: for every single journalist. So we think that's a really

1418
01:11:40,800 --> 01:11:43,160
Speaker 25: good sign for the future. It's an area we think

1419
01:11:43,200 --> 01:11:45,640
Speaker 25: will absolutely continue to grow and become a bigger and

1420
01:11:45,680 --> 01:11:46,559
Speaker 25: biggerparder business.

1421
01:11:46,760 --> 01:11:48,840
Speaker 3: Having said that print is really important for.

1422
01:11:48,920 --> 01:11:52,680
Speaker 2: Us, the portion can we know? Are we able to

1423
01:11:52,800 --> 01:11:55,400
Speaker 2: glean some insight into how much money you make from

1424
01:11:55,720 --> 01:11:58,719
Speaker 2: your one roof versus your online versus your print versus

1425
01:11:58,800 --> 01:12:00,360
Speaker 2: your radio business? Yes?

1426
01:12:00,400 --> 01:12:02,880
Speaker 25: Indeed, so in our financial statements we do split that

1427
01:12:02,960 --> 01:12:06,880
Speaker 25: out between the various businesses, and so our publishing business

1428
01:12:07,040 --> 01:12:09,320
Speaker 25: being the print in digital is still by far the

1429
01:12:09,360 --> 01:12:13,000
Speaker 25: biggest contributor, followed by our audio business and then our

1430
01:12:13,000 --> 01:12:14,960
Speaker 25: one roof is the smallest, but one roof is the

1431
01:12:15,000 --> 01:12:16,960
Speaker 25: one growing the quickest overall.

1432
01:12:17,760 --> 01:12:19,439
Speaker 2: There was talk in the news a couple of weeks

1433
01:12:19,479 --> 01:12:22,600
Speaker 2: ago about Nick Mowbray maybe wanting to own Enzi Me,

1434
01:12:22,800 --> 01:12:23,560
Speaker 2: what did you think of that?

1435
01:12:24,080 --> 01:12:26,439
Speaker 25: Oh, lookie, you can never believe everything you read in

1436
01:12:26,560 --> 01:12:29,320
Speaker 25: the newspapers. For example, not a great thing to say

1437
01:12:29,720 --> 01:12:34,040
Speaker 25: as the boss of the newspaper. It wasn't ours thingfully, Michael,

1438
01:12:34,040 --> 01:12:34,920
Speaker 25: thank you very much for that.

1439
01:12:35,040 --> 01:12:36,720
Speaker 2: Great to have you in the studio. Michael Bogs, the

1440
01:12:36,880 --> 01:12:41,320
Speaker 2: Enzyme chief executive, have announced there results today, a big

1441
01:12:41,400 --> 01:12:44,880
Speaker 2: impairment to netlass of sixteen million dollars. Earnings were down,

1442
01:12:44,960 --> 01:12:48,599
Speaker 2: but operating revenue was up slightly two percent. Thirteen minutes

1443
01:12:48,600 --> 01:12:51,160
Speaker 2: after six in AGIP training from the heralders with us.

1444
01:12:51,320 --> 01:12:54,760
Speaker 2: Next lots to discuss particularly, you know, the big story

1445
01:12:54,800 --> 01:12:56,599
Speaker 2: over the last couple of weeks has been about Brian

1446
01:12:56,680 --> 01:13:00,719
Speaker 2: Tammocky and his charity. Why don't they pay any tax?

1447
01:13:01,160 --> 01:13:02,560
Speaker 2: Gene trainees here on that.

1448
01:13:02,720 --> 01:13:07,120
Speaker 1: Next, it's the Heather dupas Allen Drive Full Show podcast

1449
01:13:07,280 --> 01:13:10,040
Speaker 1: on Iheartradiom powered by Newstalk ZEBBI.

1450
01:13:11,560 --> 01:13:14,480
Speaker 2: We all do it. We overthink the big things, job security,

1451
01:13:14,560 --> 01:13:18,240
Speaker 2: mortgage rates, that lump in your neck, and the little

1452
01:13:18,280 --> 01:13:21,720
Speaker 2: things too. What night has been night? For example? Why

1453
01:13:22,080 --> 01:13:24,960
Speaker 2: has cheese become a luxury item? But as a member

1454
01:13:25,040 --> 01:13:28,320
Speaker 2: of MAZ, the New Zealand grown member owned mutual, you

1455
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Speaker 2: can rest easy. MAS is an insurance and investment mutual

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Speaker 2: that's been putting its members overthinking to rest for more

1457
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Speaker 2: than one hundred years, and this year, for the ninth

1458
01:13:38,080 --> 01:13:40,640
Speaker 2: year in a row, MAZ members have voted it the

1459
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Speaker 2: consumer people's choice for house contents and car insurance. MAZ

1460
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Speaker 2: offers premium insurance and investment products, expert advice, and exceptional service,

1461
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Speaker 2: all with your needs at heart. So whether you want

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Speaker 2: to grow your wealth or protect your future, MAS has

1463
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Speaker 2: got you covered. Joined the thousands of satisfied members who

1464
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Speaker 2: trust MAS to protect what matters most. Rest easy with MAZ.

1465
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Speaker 2: To learn more and to see their financial advice provider

1466
01:14:06,560 --> 01:14:11,000
Speaker 2: disclosure statements, head to MAS dot co dot Nz. That's

1467
01:14:11,240 --> 01:14:16,439
Speaker 2: MAS dot co dot Nz. Bryan Bridge, you're on news

1468
01:14:16,479 --> 01:14:19,160
Speaker 2: Talk said Big time is seventeen after six Around nine

1469
01:14:19,240 --> 01:14:23,560
Speaker 2: thousand clubs, societies, trade associations and industry councils are in

1470
01:14:23,680 --> 01:14:27,040
Speaker 2: line to possibly be slapped with a tax bill. Inland

1471
01:14:27,120 --> 01:14:30,640
Speaker 2: Revenue has changed the way it interprets the law and

1472
01:14:30,680 --> 01:14:33,360
Speaker 2: they keen to crack down on businesses they think are

1473
01:14:33,479 --> 01:14:36,479
Speaker 2: masquerading as charities in order to reduce their tax bills.

1474
01:14:36,800 --> 01:14:39,639
Speaker 2: Jane Tips Trainey is The Herald's Wellington Business editor. She's

1475
01:14:39,680 --> 01:14:43,559
Speaker 2: with me tonight. Hey Jana, Hey Ryan. What are these

1476
01:14:43,640 --> 01:14:48,040
Speaker 2: changes going to look like for these clubs and associations. Potentially, yes,

1477
01:14:48,120 --> 01:14:48,760
Speaker 2: So look at.

1478
01:14:48,720 --> 01:14:51,519
Speaker 22: The moment, if you're a sports club or any sort

1479
01:14:51,560 --> 01:14:55,320
Speaker 22: of member society, there are special exemptions which means you

1480
01:14:55,400 --> 01:14:58,440
Speaker 22: don't need to pay tax, for example, on the subscriptions

1481
01:14:58,479 --> 01:15:02,040
Speaker 22: that you receive from your met members. But Inland Revenue

1482
01:15:02,200 --> 01:15:07,320
Speaker 22: has been looking to change this. So it actually it

1483
01:15:08,240 --> 01:15:11,840
Speaker 22: releases guidance that say this is how you interpret the law,

1484
01:15:12,240 --> 01:15:15,400
Speaker 22: but it's updating that guidance to say, actually a bunch

1485
01:15:15,479 --> 01:15:17,960
Speaker 22: of these club societies are going to have to pay tax.

1486
01:15:18,360 --> 01:15:22,479
Speaker 22: So Inland Revenue is doing that, you know, on one side,

1487
01:15:22,760 --> 01:15:24,879
Speaker 22: But then on the other side you have the governments

1488
01:15:25,000 --> 01:15:26,639
Speaker 22: which has come in and said we want to crack

1489
01:15:26,760 --> 01:15:29,759
Speaker 22: down on charities and make sure that, as you said before,

1490
01:15:30,280 --> 01:15:33,479
Speaker 22: businesses that are actually masquerading as charities. We want to

1491
01:15:33,640 --> 01:15:35,960
Speaker 22: make sure they are paying tax. So you've got two

1492
01:15:36,040 --> 01:15:39,559
Speaker 22: separate things ID doing. It's saying government wanting to achieve

1493
01:15:39,680 --> 01:15:43,280
Speaker 22: something else. And what is happening now is that the

1494
01:15:43,360 --> 01:15:45,400
Speaker 22: ID is saying, actually, we'd still like to change the

1495
01:15:45,439 --> 01:15:48,479
Speaker 22: way we treat clubs and societies, but we're going to

1496
01:15:48,520 --> 01:15:50,960
Speaker 22: put this work on hold while we wait for the

1497
01:15:51,040 --> 01:15:56,120
Speaker 22: government to sort out what it does with charities. Just

1498
01:15:56,280 --> 01:16:00,479
Speaker 22: more broadly, so it's kind of a messy situation. What

1499
01:16:00,680 --> 01:16:03,800
Speaker 22: it basically does is create quite a bit of uncertainty

1500
01:16:03,880 --> 01:16:08,040
Speaker 22: for these nine thousand club societies, trade associations, professional and

1501
01:16:08,120 --> 01:16:12,040
Speaker 22: regulatory bodies, industry councils, and so on, because on the

1502
01:16:12,120 --> 01:16:14,519
Speaker 22: one hand, you have IOD wanting to tax them, but

1503
01:16:14,640 --> 01:16:17,400
Speaker 22: then IRD saying we'll put this work on hold and

1504
01:16:17,520 --> 01:16:20,240
Speaker 22: wait for this broader charities thing that the government's doing

1505
01:16:20,600 --> 01:16:22,280
Speaker 22: to iron itself out.

1506
01:16:22,600 --> 01:16:24,680
Speaker 2: Goodness may it sounds like a bit of a rollercoaster

1507
01:16:24,800 --> 01:16:27,920
Speaker 2: for these poor organizations. How much of a burden will

1508
01:16:27,960 --> 01:16:30,559
Speaker 2: the you know, an admin burden of potentially doing tax

1509
01:16:30,640 --> 01:16:31,800
Speaker 2: be for these organizations.

1510
01:16:32,720 --> 01:16:34,840
Speaker 22: Well, I think it'll be quite a bit. I spoke

1511
01:16:34,960 --> 01:16:39,240
Speaker 22: to the independent tax specialist Jeff Nightingale earlier today and

1512
01:16:39,360 --> 01:16:41,720
Speaker 22: he said, you know, some of these clubs and things,

1513
01:16:41,760 --> 01:16:44,640
Speaker 22: they don't really have a lot of profits, so that

1514
01:16:44,800 --> 01:16:47,639
Speaker 22: the tax burden might not be that big. The issue

1515
01:16:47,760 --> 01:16:51,760
Speaker 22: is going to be the compliance, in Jeff Nightingale's view,

1516
01:16:52,160 --> 01:16:55,880
Speaker 22: so he thought that actually IOD probably wouldn't push on

1517
01:16:56,000 --> 01:16:59,200
Speaker 22: with this, but you know, we're going to have to

1518
01:16:59,680 --> 01:17:02,280
Speaker 22: wait and see. Now we'll probably find out at some

1519
01:17:02,400 --> 01:17:04,760
Speaker 22: point after the budget, which is on May twenty two.

1520
01:17:05,320 --> 01:17:08,160
Speaker 22: That's when the government will release what it's going to

1521
01:17:08,240 --> 01:17:12,880
Speaker 22: do with charities. And after that point, the assumption is

1522
01:17:12,960 --> 01:17:16,760
Speaker 22: that we'll find out a bit more what's in store

1523
01:17:16,840 --> 01:17:20,160
Speaker 22: for these clubs and societies. I mean, nine thousand of

1524
01:17:20,280 --> 01:17:23,320
Speaker 22: them is a lot, and I suspect a bunch of

1525
01:17:23,400 --> 01:17:27,120
Speaker 22: them probably don't even know that Inland Revenue is thinking

1526
01:17:27,160 --> 01:17:31,600
Speaker 22: about changing their tax treatment because actually it's sort of

1527
01:17:31,720 --> 01:17:35,640
Speaker 22: buried this little detail in a long consultation document it

1528
01:17:35,760 --> 01:17:39,200
Speaker 22: released earlier this week. So bit of uncertainty there. But

1529
01:17:40,720 --> 01:17:43,640
Speaker 22: I think ultimately the idea that the government has to

1530
01:17:43,960 --> 01:17:46,640
Speaker 22: relook at the way all these things at taxes is

1531
01:17:46,720 --> 01:17:49,680
Speaker 22: probably a positive thing and should bring us more in

1532
01:17:49,800 --> 01:17:51,320
Speaker 22: line with what other countries do.

1533
01:17:51,640 --> 01:17:53,840
Speaker 2: Right, And so just to clarify, so this is not

1534
01:17:54,280 --> 01:17:56,960
Speaker 2: This particular part that I have been looking at is

1535
01:17:57,160 --> 01:18:00,200
Speaker 2: not part of the pushback against Destiny Church. Is a

1536
01:18:00,280 --> 01:18:02,000
Speaker 2: separate issue they've been looking at separately.

1537
01:18:03,160 --> 01:18:05,759
Speaker 22: Yeah, it is a separate issue. I mean it's related.

1538
01:18:05,960 --> 01:18:08,840
Speaker 22: So ID was doing this work and it's putting this

1539
01:18:09,400 --> 01:18:13,200
Speaker 22: work kind of on hold while we figure out what

1540
01:18:13,240 --> 01:18:15,400
Speaker 22: we're doing with charities more broadly, because you know, these

1541
01:18:15,479 --> 01:18:19,080
Speaker 22: rules are pretty complicated and they interlink. But it is

1542
01:18:19,280 --> 01:18:24,360
Speaker 22: just interesting that iod's position is actually that these clubs

1543
01:18:24,400 --> 01:18:25,880
Speaker 22: and things need to be taxed.

1544
01:18:26,120 --> 01:18:28,439
Speaker 2: Yeah, it is interesting, but I mean give them an inch,

1545
01:18:28,479 --> 01:18:31,840
Speaker 2: they'll take a mile that tax everything if they could,

1546
01:18:32,240 --> 01:18:34,160
Speaker 2: thank you so much for that Dona Chip training with

1547
01:18:34,240 --> 01:18:36,679
Speaker 2: us these Ellen Herold, Wellington Business Editor. It is twenty

1548
01:18:36,720 --> 01:18:39,760
Speaker 2: one minutes after six. It's pretty harsh. I mean, if

1549
01:18:39,800 --> 01:18:42,040
Speaker 2: you think about I don't know, your local Irish club

1550
01:18:42,200 --> 01:18:45,960
Speaker 2: or society having to pay tax or even just you know,

1551
01:18:46,000 --> 01:18:48,000
Speaker 2: obviously they probably won't have a profit, but even just

1552
01:18:48,080 --> 01:18:51,559
Speaker 2: having to fill in the tax forms, tax returns every

1553
01:18:51,640 --> 01:18:54,360
Speaker 2: year and paying account and all that stuff be a

1554
01:18:54,400 --> 01:18:56,120
Speaker 2: bit of a nightmare for them. Might imagine it'd be

1555
01:18:56,160 --> 01:18:58,720
Speaker 2: interesting to see how what the government will say and

1556
01:18:58,800 --> 01:19:01,320
Speaker 2: potentially do about it. Come by time twenty two after

1557
01:19:01,479 --> 01:19:03,679
Speaker 2: six coming up next your Milford update.

1558
01:19:03,880 --> 01:19:07,960
Speaker 1: Whether it's macro, microbe or just playing economics, it's all

1559
01:19:08,080 --> 01:19:12,160
Speaker 1: on the business hours with Ryan Bridge and theirs. Insurance

1560
01:19:12,240 --> 01:19:15,240
Speaker 1: and investments, Grow your wealth, protect your future.

1561
01:19:15,400 --> 01:19:18,320
Speaker 2: These jogs had been after the news house North Korea

1562
01:19:18,360 --> 01:19:21,680
Speaker 2: stealing billions in cryptocurrency. Right now, let's have a look

1563
01:19:21,680 --> 01:19:25,480
Speaker 2: at the market's Jeremy Hutton from Milford Asset Managements with us, Hey, Jeremy.

1564
01:19:25,960 --> 01:19:26,840
Speaker 27: Hey eran, how are you going?

1565
01:19:26,960 --> 01:19:29,320
Speaker 2: Yeah good, thank you? Shareholder is feeling the pain this

1566
01:19:29,520 --> 01:19:32,200
Speaker 2: with the capital rays from Ryman Healthcare.

1567
01:19:33,600 --> 01:19:37,920
Speaker 27: Yeah, retirement village operator. Ryman is conducting a second massive

1568
01:19:38,000 --> 01:19:41,000
Speaker 27: capital raise in as many years, asking the market for

1569
01:19:41,080 --> 01:19:44,920
Speaker 27: another one billion dollars, and this is following the nine

1570
01:19:45,040 --> 01:19:47,760
Speaker 27: hundred odd million it raised in February twenty twenty three.

1571
01:19:48,760 --> 01:19:50,720
Speaker 27: So Ryman had to raise this money at quite a

1572
01:19:50,760 --> 01:19:54,000
Speaker 27: big discount to try and get investors on board. The

1573
01:19:54,080 --> 01:19:56,439
Speaker 27: offer price was at three dollars and five cents, and

1574
01:19:56,520 --> 01:19:59,719
Speaker 27: that was almost thirty percent lower than the last closed

1575
01:19:59,720 --> 01:20:03,400
Speaker 27: price on Friday before the deal. So the proceeds are

1576
01:20:03,439 --> 01:20:06,960
Speaker 27: again being used to pay down debt. But the last

1577
01:20:06,960 --> 01:20:09,680
Speaker 27: phase was done at five dollars in twenty twenty three,

1578
01:20:10,280 --> 01:20:13,320
Speaker 27: and Ryman at its peak was almost at fifteen dollars

1579
01:20:13,360 --> 01:20:16,200
Speaker 27: in the boom time. So it's been a really painful

1580
01:20:16,320 --> 01:20:18,439
Speaker 27: reset for Ryman shareholders as well.

1581
01:20:18,840 --> 01:20:22,439
Speaker 2: Certainly has now a new CEO at the helm. Is

1582
01:20:22,520 --> 01:20:25,040
Speaker 2: she clearing the debts and calling the bottom here?

1583
01:20:26,479 --> 01:20:29,479
Speaker 27: Yeah, potentially, you know, this should take Ryman to a

1584
01:20:29,560 --> 01:20:33,679
Speaker 27: much more comfortable place. Naomi James is the new CEO.

1585
01:20:33,840 --> 01:20:36,560
Speaker 27: She's still relatively new in the role, but clearly of

1586
01:20:36,640 --> 01:20:39,439
Speaker 27: the view that the large interest bill on the debt

1587
01:20:39,720 --> 01:20:42,839
Speaker 27: was impacting the business operationally, putting a lot of pressure

1588
01:20:42,880 --> 01:20:46,240
Speaker 27: on other parts of Ryman. And she has coupled this

1589
01:20:46,360 --> 01:20:50,400
Speaker 27: big debt reduction with plans for big cost savings as well,

1590
01:20:50,520 --> 01:20:53,320
Speaker 27: so trying to find another one hundred million dollars per

1591
01:20:53,439 --> 01:20:56,560
Speaker 27: year of cost savings. So hopefully, you know, this is

1592
01:20:56,600 --> 01:20:58,920
Speaker 27: the last reset for Ryman. But it is a massive

1593
01:20:59,000 --> 01:21:01,760
Speaker 27: change from the former high flyer that we saw a

1594
01:21:01,800 --> 01:21:02,400
Speaker 27: few years ago.

1595
01:21:02,880 --> 01:21:05,160
Speaker 2: Certainly, especially when you look at that share price coming

1596
01:21:05,200 --> 01:21:07,719
Speaker 2: off the pig of fifteen dollars that you mentioned, what's

1597
01:21:07,800 --> 01:21:08,840
Speaker 2: the growth that looked like?

1598
01:21:10,320 --> 01:21:13,160
Speaker 27: Yeah, that's the big question still out there for investors.

1599
01:21:14,080 --> 01:21:17,960
Speaker 27: Ryman previously had the mantra of build, build, build, and

1600
01:21:18,160 --> 01:21:21,519
Speaker 27: build its retirement units at pretty much any cost. And

1601
01:21:22,120 --> 01:21:24,200
Speaker 27: you know, this did enable huge growth of the business,

1602
01:21:24,560 --> 01:21:27,479
Speaker 27: but that was in more buoyant property markets. But it

1603
01:21:27,560 --> 01:21:30,479
Speaker 27: also did add a huge amount of debt and clearly

1604
01:21:30,560 --> 01:21:34,360
Speaker 27: over extended the business too much. Times of change now

1605
01:21:34,680 --> 01:21:38,519
Speaker 27: and so has Ryman's near term retirement unit build rate,

1606
01:21:39,280 --> 01:21:41,479
Speaker 27: the go for build rate that they've guided to has

1607
01:21:41,560 --> 01:21:46,240
Speaker 27: been slashed to about a quarter between a quarter and

1608
01:21:46,320 --> 01:21:49,320
Speaker 27: a third of what it was this year. So huge

1609
01:21:49,400 --> 01:21:51,400
Speaker 27: changes in their growth profile going forward.

1610
01:21:51,560 --> 01:21:55,080
Speaker 2: Yeah, big shift. How does it look against its competitors?

1611
01:21:56,880 --> 01:21:59,920
Speaker 27: Yeah, it's interesting. You know, it's a very big change

1612
01:22:00,000 --> 01:22:03,880
Speaker 27: in the retirement village model. Investors will need to think

1613
01:22:03,920 --> 01:22:08,040
Speaker 27: about that. Ryman's effectively running the business morph on a

1614
01:22:08,120 --> 01:22:12,519
Speaker 27: cash flow focus, where it's key pair Somerset is still

1615
01:22:12,600 --> 01:22:15,360
Speaker 27: continuing to go all in on growth. So it does

1616
01:22:15,439 --> 01:22:18,479
Speaker 27: present an interesting trade off or a decision for investors

1617
01:22:18,520 --> 01:22:21,080
Speaker 27: if they want to pick between these two retirement operators.

1618
01:22:21,920 --> 01:22:24,280
Speaker 2: How's this effecting, Because obviously this has been a massive

1619
01:22:24,520 --> 01:22:27,559
Speaker 2: story this week, one of the bigger ones from over

1620
01:22:27,680 --> 01:22:31,720
Speaker 2: reporting season. How's it impacting the wider interet X.

1621
01:22:33,000 --> 01:22:35,439
Speaker 27: Yeah, the inst X has had a really tough month

1622
01:22:35,840 --> 01:22:38,000
Speaker 27: today so far. In February, you know, it was down

1623
01:22:38,560 --> 01:22:41,599
Speaker 27: over five percent at one point, mainly as investors were

1624
01:22:41,800 --> 01:22:44,840
Speaker 27: weighing up this large capital raise. And what tends to

1625
01:22:44,920 --> 01:22:47,600
Speaker 27: happen in these capital raises, particularly the bigger ones, is

1626
01:22:47,640 --> 01:22:50,400
Speaker 27: that investors do sell a lot of other shares to

1627
01:22:50,479 --> 01:22:52,840
Speaker 27: help fund funder this, so it does create a bit

1628
01:22:52,880 --> 01:22:55,519
Speaker 27: of sogginess in the market. But I do note that

1629
01:22:55,640 --> 01:22:58,559
Speaker 27: the inst X did bounce back a bit today, up

1630
01:22:58,600 --> 01:23:01,479
Speaker 27: about one percent, so perhaps have got their head round

1631
01:23:01,640 --> 01:23:04,439
Speaker 27: this big Rhyman capitol raised and have a little bit

1632
01:23:04,520 --> 01:23:05,080
Speaker 27: more confidence.

1633
01:23:05,240 --> 01:23:07,720
Speaker 2: Jeremy, thank you. Jeremy. Hutton and Milford Act Management. Time

1634
01:23:07,840 --> 01:23:10,720
Speaker 2: is twenty eight minutes after six Here on News TALKSBB.

1635
01:23:13,840 --> 01:23:18,800
Speaker 1: We do in if you know me, push the MASONI

1636
01:23:19,720 --> 01:23:23,800
Speaker 1: everything from SMEs to the big corporates, the Business Hour

1637
01:23:24,080 --> 01:23:28,800
Speaker 1: with Ryan Bridge and Pmyer's Insurance and Investments, Grow your wealth,

1638
01:23:29,000 --> 01:23:29,880
Speaker 1: protect your future.

1639
01:23:30,120 --> 01:23:30,880
Speaker 3: News Talks EDB.

1640
01:23:32,439 --> 01:23:34,400
Speaker 10: Because I've already.

1641
01:23:35,439 --> 01:23:42,000
Speaker 19: To fun a good to forget me, I've dare you

1642
01:23:42,280 --> 01:23:43,160
Speaker 19: read me.

1643
01:23:44,880 --> 01:23:47,840
Speaker 10: And Greta garded You'll never mad me.

1644
01:23:48,040 --> 01:23:50,720
Speaker 11: Pretty far away from seven on news talk Zibbu.

1645
01:23:51,200 --> 01:23:54,160
Speaker 2: Storry out of Hamilton today A bull calls quite a

1646
01:23:54,240 --> 01:23:57,000
Speaker 2: bit of havoc and actually a bit of damage as well.

1647
01:23:57,640 --> 01:24:01,240
Speaker 2: This all happens just before midday running down Queen's ab

1648
01:24:01,479 --> 01:24:06,720
Speaker 2: toward Hamilton Lake had escaped from a paddock. Obviously one

1649
01:24:06,760 --> 01:24:10,479
Speaker 2: bystanderd said nothing like this has happened in Hamilton before,

1650
01:24:11,320 --> 01:24:13,479
Speaker 2: which is I thought it was quite a conclusive statement.

1651
01:24:13,520 --> 01:24:16,160
Speaker 2: Are we sure about that? Anyway? It actually did quite

1652
01:24:16,160 --> 01:24:19,920
Speaker 2: a bit of damage to property this ball, and actually

1653
01:24:19,960 --> 01:24:23,360
Speaker 2: in its process managed to injure somebody. But police arrived

1654
01:24:23,520 --> 01:24:25,880
Speaker 2: after about an hour trying to wrangle the bull. They

1655
01:24:25,920 --> 01:24:30,320
Speaker 2: eventually put it down. Firearm twenty three to seven. Rayan

1656
01:24:30,400 --> 01:24:34,120
Speaker 2: Bridge hack is linked to North Korea. Remember the hack

1657
01:24:34,200 --> 01:24:37,439
Speaker 2: we told you about yesterday worth two point six billion

1658
01:24:37,680 --> 01:24:39,800
Speaker 2: New Zealand dollars. Well, it turns out it was North

1659
01:24:39,880 --> 01:24:43,360
Speaker 2: Korea they pulled off the biggest heist of all time.

1660
01:24:43,560 --> 01:24:46,040
Speaker 2: The Lazarus Group, which is linked to the North Korean

1661
01:24:46,120 --> 01:24:50,680
Speaker 2: security agencies, is suspected to be behind the theft. The

1662
01:24:50,760 --> 01:24:54,320
Speaker 2: crypto currency and the crypto exchange in Dubai were hits.

1663
01:24:54,560 --> 01:24:57,320
Speaker 2: Tech commentator Paul Spain is with me, Paul Good evening,

1664
01:24:58,040 --> 01:25:01,000
Speaker 2: good leaving Ryn. How did they get it?

1665
01:25:02,840 --> 01:25:07,200
Speaker 28: Well, it looks like a cunning sort of series of

1666
01:25:08,080 --> 01:25:12,599
Speaker 28: steps that they took. First of all, they've tricked somebody

1667
01:25:12,720 --> 01:25:17,400
Speaker 28: into sharing their password to get into systems at the

1668
01:25:17,520 --> 01:25:21,200
Speaker 28: Crypto Exchange by a bit, so what we call a

1669
01:25:21,240 --> 01:25:26,599
Speaker 28: phishing attack there it's been referred to as So once

1670
01:25:26,680 --> 01:25:30,600
Speaker 28: they've got those details, then they can get into the

1671
01:25:30,720 --> 01:25:34,320
Speaker 28: systems of the exchange. And then there's some you know,

1672
01:25:34,880 --> 01:25:37,000
Speaker 28: and we don't know all the details and behind the

1673
01:25:37,080 --> 01:25:41,400
Speaker 28: scene steps that they've done to insert themselves in the process.

1674
01:25:42,960 --> 01:25:47,920
Speaker 28: When these in this case ethereum tokens, which is the

1675
01:25:48,200 --> 01:25:52,679
Speaker 28: cryptocurrency we're being transferred from what is called a cold wallet,

1676
01:25:52,760 --> 01:25:55,920
Speaker 28: which is usually very safe because it's not online and

1677
01:25:56,000 --> 01:25:59,760
Speaker 28: it's not available. But when you need to move those

1678
01:26:00,040 --> 01:26:02,720
Speaker 28: those crypto funds around, it has to come online. And

1679
01:26:02,840 --> 01:26:06,759
Speaker 28: it was when the system moved online that the heist

1680
01:26:07,000 --> 01:26:10,599
Speaker 28: was carried out. And then they moved very very quickly

1681
01:26:10,680 --> 01:26:13,680
Speaker 28: to slice and dice those funds up and you know,

1682
01:26:13,840 --> 01:26:15,559
Speaker 28: basically hide hide their tracks.

1683
01:26:15,800 --> 01:26:17,519
Speaker 2: So is this a bit of a fallacy then that

1684
01:26:17,520 --> 01:26:19,800
Speaker 2: because you talk about the cold wallet, and that was

1685
01:26:19,920 --> 01:26:23,360
Speaker 2: my understanding of cryptocurrencies that they're offline, so they're very safe.

1686
01:26:23,439 --> 01:26:25,800
Speaker 2: But if if, as you say, you need to move

1687
01:26:25,880 --> 01:26:27,720
Speaker 2: them more, obviously you're going to have to top it

1688
01:26:27,840 --> 01:26:30,360
Speaker 2: up or move money around, then it becomes vulnerable.

1689
01:26:31,640 --> 01:26:31,840
Speaker 20: Yeah.

1690
01:26:31,920 --> 01:26:34,760
Speaker 28: Look, it's it's when yeah, and it's when you need

1691
01:26:34,840 --> 01:26:39,640
Speaker 28: to move move funds away. You can send them effectively

1692
01:26:39,720 --> 01:26:45,280
Speaker 28: to you to your to your account without the without

1693
01:26:45,360 --> 01:26:48,000
Speaker 28: the cold wallet, but when you're wanting to move them away,

1694
01:26:48,600 --> 01:26:51,000
Speaker 28: that's where that's where the cold wallet comes in. And

1695
01:26:51,720 --> 01:26:56,360
Speaker 28: if you're plugging your connecting your cold wallet into a

1696
01:26:56,479 --> 01:27:00,400
Speaker 28: system that is compromised, then that's that's really where that

1697
01:27:00,520 --> 01:27:02,960
Speaker 28: where the risk is. And there are other risks of course,

1698
01:27:03,080 --> 01:27:06,360
Speaker 28: but in this case it appears as though the North

1699
01:27:06,439 --> 01:27:10,400
Speaker 28: Koreans have have you know, pulled off just you know,

1700
01:27:10,840 --> 01:27:13,280
Speaker 28: an insane theft.

1701
01:27:13,240 --> 01:27:16,120
Speaker 2: Yeah, insane amount of money. Will they get away with it?

1702
01:27:16,240 --> 01:27:17,880
Speaker 2: I mean some of the funds have been recovered, but

1703
01:27:17,960 --> 01:27:19,880
Speaker 2: will they get away with most of the will the

1704
01:27:19,960 --> 01:27:20,800
Speaker 2: crypt you reckon?

1705
01:27:21,760 --> 01:27:27,160
Speaker 28: Well, because they've they've gone through these varying other exchanges

1706
01:27:27,240 --> 01:27:29,800
Speaker 28: and so on around the world, and they've converted it

1707
01:27:29,920 --> 01:27:34,519
Speaker 28: from the ethereum that it started at into other differing ones.

1708
01:27:35,400 --> 01:27:38,719
Speaker 28: I would not be surprised if if they get away

1709
01:27:38,840 --> 01:27:42,719
Speaker 28: with you either most of it or a very large

1710
01:27:43,200 --> 01:27:45,960
Speaker 28: chunk of it. But you know, no doubt we'll hear

1711
01:27:46,160 --> 01:27:49,320
Speaker 28: a little bit more over over the coming days, you

1712
01:27:49,360 --> 01:27:51,760
Speaker 28: know how that goes. But because it will have gone

1713
01:27:51,920 --> 01:27:55,800
Speaker 28: all around the world and you know have been have

1714
01:27:56,000 --> 01:27:58,600
Speaker 28: been done, you know, run through a process that is

1715
01:27:59,520 --> 01:28:02,160
Speaker 28: you know, gets pretty pretty challenging when you move it

1716
01:28:02,520 --> 01:28:05,960
Speaker 28: from one currency to another, because if you were moving

1717
01:28:06,040 --> 01:28:09,840
Speaker 28: it within the original currency, then all of those things

1718
01:28:09,960 --> 01:28:12,840
Speaker 28: can be tracked and can be watched. But once you

1719
01:28:13,479 --> 01:28:16,240
Speaker 28: trade it, I guess you know a form of money

1720
01:28:16,320 --> 01:28:21,280
Speaker 28: laundering happening, then that can get pretty hard to track,

1721
01:28:21,400 --> 01:28:23,559
Speaker 28: depending on you know, where and how that's been done.

1722
01:28:25,360 --> 01:28:27,600
Speaker 2: Are you using crypto still? I mean, the more I

1723
01:28:27,680 --> 01:28:29,560
Speaker 2: hear about it, and to be fair, I should have

1724
01:28:29,640 --> 01:28:31,320
Speaker 2: jumped in a long long time ago, but the more

1725
01:28:31,320 --> 01:28:32,880
Speaker 2: I hear about it, the less safe I think it is.

1726
01:28:34,400 --> 01:28:36,000
Speaker 2: Personally over exited.

1727
01:28:36,640 --> 01:28:41,679
Speaker 28: My concern with it is that if it becomes known

1728
01:28:42,040 --> 01:28:47,680
Speaker 28: that you've got crypto, then you're potentially encouraging some of

1729
01:28:47,720 --> 01:28:50,080
Speaker 28: the attacks that we've read about in the news over

1730
01:28:50,640 --> 01:28:54,760
Speaker 28: over recent months where people are getting kidnapped. You know,

1731
01:28:54,920 --> 01:29:00,320
Speaker 28: the term iron bar attacks gets thrown around, so you're

1732
01:29:00,320 --> 01:29:03,280
Speaker 28: effectively becoming your own bank when you hold you hold

1733
01:29:03,320 --> 01:29:06,680
Speaker 28: your own crypto. So there there is there is that

1734
01:29:06,920 --> 01:29:09,240
Speaker 28: level of risk if it's known that you have crypto.

1735
01:29:10,040 --> 01:29:10,160
Speaker 18: Uh.

1736
01:29:10,600 --> 01:29:12,640
Speaker 28: And then on the flip side is this sort of

1737
01:29:12,720 --> 01:29:17,439
Speaker 28: situation so if you've invested in crypto elsewhere, how do

1738
01:29:17,520 --> 01:29:20,519
Speaker 28: you know that it's actually safe if if you're not

1739
01:29:20,600 --> 01:29:24,800
Speaker 28: holding it yourself. So there are really risks on you know,

1740
01:29:25,000 --> 01:29:27,599
Speaker 28: from multiple directions when it when it comes to crypto.

1741
01:29:27,720 --> 01:29:32,720
Speaker 28: And certainly my my feelings about crypto have changed in

1742
01:29:32,840 --> 01:29:36,040
Speaker 28: recent months and I don't don't don't hold any anymore.

1743
01:29:36,160 --> 01:29:37,040
Speaker 2: What's iron bank?

1744
01:29:39,080 --> 01:29:43,479
Speaker 28: Um ah?

1745
01:29:43,560 --> 01:29:47,360
Speaker 2: What was that term? The iron bar? Iron bar?

1746
01:29:48,760 --> 01:29:51,360
Speaker 28: So you can imagine somebody turning up on your doorstep

1747
01:29:51,479 --> 01:29:53,479
Speaker 28: that knows you've got crypto with.

1748
01:29:55,520 --> 01:29:57,800
Speaker 2: An iron bar, so that that's kind of the term.

1749
01:29:57,880 --> 01:30:00,719
Speaker 28: Now they could do anything but that it's I guess

1750
01:30:00,840 --> 01:30:03,760
Speaker 28: you know what it sometimes gets you know, referred to

1751
01:30:03,840 --> 01:30:06,000
Speaker 28: as But yeah, there was one in the news last

1752
01:30:06,080 --> 01:30:11,000
Speaker 28: week about a ki We who kidnapped you know, another

1753
01:30:11,120 --> 01:30:15,800
Speaker 28: Kiwi and what was it three weeks that person was

1754
01:30:16,080 --> 01:30:19,920
Speaker 28: was kidnapped for before until they got away, and that

1755
01:30:20,200 --> 01:30:22,799
Speaker 28: was because they were they were trying to get access

1756
01:30:23,120 --> 01:30:27,720
Speaker 28: to I think this person's partner's crypto and so, yeah,

1757
01:30:27,800 --> 01:30:32,280
Speaker 28: pretty shocking situation and was threatened with loss of life.

1758
01:30:32,960 --> 01:30:35,479
Speaker 28: We've seen, you know, these sorts of things happening on

1759
01:30:35,560 --> 01:30:39,160
Speaker 28: an international basis as well, but yeah, quite shocking to

1760
01:30:39,520 --> 01:30:41,720
Speaker 28: hear these things are going on in New Zealand now too.

1761
01:30:42,160 --> 01:30:44,240
Speaker 2: I guess the rule is, Paul, do what you've done

1762
01:30:44,280 --> 01:30:46,400
Speaker 2: and say you know and get rid of them, or

1763
01:30:46,600 --> 01:30:48,320
Speaker 2: just tell people you've gotten rid of them and then

1764
01:30:49,040 --> 01:30:49,400
Speaker 2: have them.

1765
01:30:50,280 --> 01:30:52,640
Speaker 28: Well, I'd be getting rid of them. I wouldn't want

1766
01:30:52,640 --> 01:30:55,640
Speaker 28: to leave any sort of door open, you know, after

1767
01:30:55,720 --> 01:30:59,240
Speaker 28: reading some of these news reports. But look, people got

1768
01:30:59,280 --> 01:31:02,200
Speaker 28: to make their own decisions when it comes to investing

1769
01:31:02,360 --> 01:31:05,439
Speaker 28: and funds and so and then lock your doors.

1770
01:31:05,640 --> 01:31:08,519
Speaker 2: Paul Spain Griller, tech CEO and tech commentator, thanks so

1771
01:31:08,600 --> 01:31:11,479
Speaker 2: much of your time. It's sixteen away from seven where

1772
01:31:11,880 --> 01:31:14,680
Speaker 2: with Gavin Gray, Ore UK correspond Next, No doubntill have

1773
01:31:14,680 --> 01:31:19,320
Speaker 2: an update for us on kir Starmer, who is massively

1774
01:31:19,439 --> 01:31:21,840
Speaker 2: increasing And I know it's only point three percent of GDP,

1775
01:31:22,000 --> 01:31:26,400
Speaker 2: but it's sixteen billion dollars increasing their defense spending ahead

1776
01:31:26,400 --> 01:31:27,720
Speaker 2: of a trip to Washington, DC.

1777
01:31:28,800 --> 01:31:31,320
Speaker 3: If it's to do with money, it matters to you.

1778
01:31:31,880 --> 01:31:36,680
Speaker 1: The Business Hour with Ryan Bridge and Mayor's Insurance and investments,

1779
01:31:37,040 --> 01:31:40,080
Speaker 1: Grow your wealth, protect your future news talks, they'd be.

1780
01:31:40,520 --> 01:31:42,600
Speaker 2: Thirteen away from seven news talks. There'd be. When you

1781
01:31:42,680 --> 01:31:44,760
Speaker 2: go to visit an old friend, you take a gift,

1782
01:31:44,800 --> 01:31:46,439
Speaker 2: don't you, Especially if you go into their house, you

1783
01:31:46,520 --> 01:31:48,760
Speaker 2: take a gift. You make some muffins or something when

1784
01:31:48,800 --> 01:31:52,400
Speaker 2: you go over. Gavin Gray's our UK correspondent, Gavin Good evening.

1785
01:31:53,160 --> 01:31:55,200
Speaker 26: Hi, hy and I know where you're going with this.

1786
01:31:55,560 --> 01:31:58,519
Speaker 2: Yes, Kirs Starmer's taking quite the gift for them, Isn't

1787
01:31:58,560 --> 01:31:59,880
Speaker 2: it a very expensive one at.

1788
01:31:59,840 --> 01:32:02,360
Speaker 3: The Yes, he is so.

1789
01:32:02,560 --> 01:32:05,120
Speaker 26: A skis farmer flying out to meet the US President

1790
01:32:05,200 --> 01:32:09,120
Speaker 26: Donald Trump today all over Ukraine, the UK and Europe

1791
01:32:09,160 --> 01:32:11,920
Speaker 26: pushing for a seat at the table, a bigger say

1792
01:32:12,000 --> 01:32:15,360
Speaker 26: in the future of Ukraine and supporting Ukraine. Following a

1793
01:32:15,479 --> 01:32:19,519
Speaker 26: complete about face from America about their future plans for

1794
01:32:19,640 --> 01:32:22,920
Speaker 26: the country, and the UK has announced in the last

1795
01:32:23,160 --> 01:32:25,800
Speaker 26: twenty four hours that it is to spend much much

1796
01:32:25,920 --> 01:32:30,640
Speaker 26: more on defense. It is increasing here the percentage of

1797
01:32:30,680 --> 01:32:33,880
Speaker 26: its gross domestic products spent on defense from two point

1798
01:32:34,000 --> 01:32:36,400
Speaker 26: three percent to two point five percent.

1799
01:32:36,520 --> 01:32:37,160
Speaker 2: It's a very.

1800
01:32:37,080 --> 01:32:40,200
Speaker 26: Bigger, big figure in real terms. So how's the government

1801
01:32:40,240 --> 01:32:42,600
Speaker 26: getting this because we're told budgets are tight. Well, the

1802
01:32:42,680 --> 01:32:45,640
Speaker 26: answer is it is taking that money directly out of

1803
01:32:45,720 --> 01:32:49,080
Speaker 26: the international aid budget. That is money that goes from

1804
01:32:49,120 --> 01:32:52,559
Speaker 26: the UK to countries around the world for charitable causes,

1805
01:32:52,800 --> 01:32:54,840
Speaker 26: sort of soft diplomacy as it's called.

1806
01:32:55,120 --> 01:32:55,280
Speaker 5: Now.

1807
01:32:55,360 --> 01:32:57,680
Speaker 26: Critics are saying the cut to the aid budget is

1808
01:32:57,680 --> 01:33:01,679
Speaker 26: a betrayal of charitable work around the world. Others are saying, frankly,

1809
01:33:01,840 --> 01:33:03,880
Speaker 26: we are spending far too much trying to prop up

1810
01:33:03,960 --> 01:33:07,840
Speaker 26: charities in places like China and India that have space programs.

1811
01:33:07,880 --> 01:33:10,559
Speaker 26: We don't have a space program and so why should

1812
01:33:10,600 --> 01:33:12,960
Speaker 26: we be funding them? And it has already been hailed

1813
01:33:13,200 --> 01:33:16,040
Speaker 26: this increase in defense spending by the US Defense Secretary

1814
01:33:16,240 --> 01:33:19,799
Speaker 26: Pete Hesketh called it a strong step from an enduring partner.

1815
01:33:20,000 --> 01:33:22,280
Speaker 26: The focus now Ryan will move on to countries like

1816
01:33:22,360 --> 01:33:25,200
Speaker 26: Spain that spends just one and a quarter percent of

1817
01:33:25,320 --> 01:33:28,599
Speaker 26: national income on defense. Italy, another big hitter in Europe,

1818
01:33:28,720 --> 01:33:31,080
Speaker 26: spends less than one point five percent.

1819
01:33:31,800 --> 01:33:34,519
Speaker 2: This is a big story out of the UK BP,

1820
01:33:35,000 --> 01:33:37,640
Speaker 2: the energy giant. We all know it. They've got a

1821
01:33:37,680 --> 01:33:38,880
Speaker 2: big announcement they're making.

1822
01:33:40,160 --> 01:33:43,720
Speaker 26: Yeah, it's long been mooted, it's long been suggested. We

1823
01:33:43,840 --> 01:33:46,639
Speaker 26: have talked about this before, Ryan, but now we actually

1824
01:33:46,720 --> 01:33:48,360
Speaker 26: believe in the next few hours they are going to

1825
01:33:48,400 --> 01:33:50,160
Speaker 26: come out and say it, and that is they are

1826
01:33:50,200 --> 01:33:54,800
Speaker 26: going to slash renewable energy investments and instead focus on

1827
01:33:54,920 --> 01:33:58,200
Speaker 26: increasing oil and gas. In other words, the complete opposite

1828
01:33:58,560 --> 01:34:02,040
Speaker 26: of what environmentalists are demanding and indeed what the most

1829
01:34:02,120 --> 01:34:05,360
Speaker 26: recent cop agreements have suggested. But of course we've heard

1830
01:34:05,400 --> 01:34:09,400
Speaker 26: Donald Trump saying drill, baby, drills, suggesting that America is

1831
01:34:09,439 --> 01:34:11,120
Speaker 26: going to really push to make the most of it.

1832
01:34:11,479 --> 01:34:14,160
Speaker 26: The UK has at the moment not been giving new

1833
01:34:14,280 --> 01:34:17,800
Speaker 26: licenses to oil fields that have been found on the

1834
01:34:17,840 --> 01:34:20,240
Speaker 26: premise that it's trying to hit this net zero goal.

1835
01:34:20,880 --> 01:34:24,200
Speaker 26: But BP to outline its strategy later. It's under huge

1836
01:34:24,240 --> 01:34:27,200
Speaker 26: pressure from investors. Profits are down, the share price has

1837
01:34:27,240 --> 01:34:29,720
Speaker 26: been much lower than its rivals, and indeed it's not

1838
01:34:29,840 --> 01:34:34,040
Speaker 26: alone Shell. Of course, another oil giant, Norwegian company Equinor,

1839
01:34:34,280 --> 01:34:36,719
Speaker 26: they have already announced they are scaling back their plans

1840
01:34:36,760 --> 01:34:40,600
Speaker 26: to invest in green energy, and some shareholders and environmental

1841
01:34:40,640 --> 01:34:44,839
Speaker 26: groups voicing concerns over the potential ramping up of production

1842
01:34:44,960 --> 01:34:47,759
Speaker 26: on fossil fuels. But of course they look across at China,

1843
01:34:47,800 --> 01:34:50,880
Speaker 26: look across at Russia, and that's exactly what they are doing,

1844
01:34:50,960 --> 01:34:54,080
Speaker 26: and now look across at America. Five years ago, BP,

1845
01:34:54,400 --> 01:34:57,120
Speaker 26: once known as British Petroleum, said some of the most

1846
01:34:57,160 --> 01:35:00,840
Speaker 26: ambitious targets among any big oil companies cut production of

1847
01:35:00,920 --> 01:35:04,040
Speaker 26: oil and gas by forty percent by twenty thirty and

1848
01:35:04,280 --> 01:35:07,840
Speaker 26: ramp up investments on renewables. In twenty twenty three, the

1849
01:35:07,960 --> 01:35:10,680
Speaker 26: company lowered this oil and gas reduction target to just

1850
01:35:10,920 --> 01:35:11,799
Speaker 26: twenty five percent.

1851
01:35:12,120 --> 01:35:15,200
Speaker 2: Later we expect a new figure. The Isle of Man

1852
01:35:15,360 --> 01:35:19,720
Speaker 2: is having a look at legalizing assisted dying givin Yeah.

1853
01:35:19,880 --> 01:35:22,799
Speaker 26: It could therefore become the first place in the United

1854
01:35:22,880 --> 01:35:25,880
Speaker 26: Kingdom to make it legal. It's being debated in the

1855
01:35:25,960 --> 01:35:29,160
Speaker 26: parliaments of England and Wales, in Scotland as well, and

1856
01:35:29,280 --> 01:35:33,000
Speaker 26: then in the Senate in Wales. But it looks in

1857
01:35:33,080 --> 01:35:36,200
Speaker 26: England and Wales anyway that this is going to put

1858
01:35:36,240 --> 01:35:38,840
Speaker 26: a lot of pressure on politicians. I think people on

1859
01:35:38,920 --> 01:35:41,240
Speaker 26: the Isle of Man will and that is the little

1860
01:35:41,640 --> 01:35:46,920
Speaker 26: island between northwest England and Ireland and people on there

1861
01:35:46,920 --> 01:35:50,439
Speaker 26: are going to be eligible to request assisted dying if

1862
01:35:50,520 --> 01:35:54,120
Speaker 26: they are terminally ill and expected to die within twelve

1863
01:35:54,200 --> 01:35:57,280
Speaker 26: months over the age of eighteen, registered with local doctors.

1864
01:35:57,439 --> 01:35:59,439
Speaker 26: There's been a debate about how long you should be

1865
01:35:59,640 --> 01:36:04,440
Speaker 26: resident than four Currently it's a minimum of five years residency,

1866
01:36:04,760 --> 01:36:08,200
Speaker 26: so this kind of stops people from becoming you know,

1867
01:36:08,320 --> 01:36:13,160
Speaker 26: flying over in order to get assisted dying. But at

1868
01:36:13,280 --> 01:36:15,960
Speaker 26: the age of eighteen, anyone over that and with a

1869
01:36:16,040 --> 01:36:18,679
Speaker 26: prognosis of twelve months or few are to live will

1870
01:36:18,760 --> 01:36:22,080
Speaker 26: be eligible under this legislation being debated. It looks like

1871
01:36:22,200 --> 01:36:24,000
Speaker 26: it's going to get the go ahead now. They've been

1872
01:36:24,040 --> 01:36:26,360
Speaker 26: talking about it for a long time and big pressure

1873
01:36:26,400 --> 01:36:28,840
Speaker 26: now on politicians in England and Wales to follow suit.

1874
01:36:29,160 --> 01:36:31,280
Speaker 2: Kevin, thanks so much for that update. Devin Gray, our

1875
01:36:31,400 --> 01:36:34,960
Speaker 2: UK correspondent. Eight minutes away from so busy a week

1876
01:36:34,960 --> 01:36:36,800
Speaker 2: at the White House, isn't you what? Kirs Starmer going

1877
01:36:36,880 --> 01:36:38,680
Speaker 2: there in the next twenty four hours and then you've

1878
01:36:38,760 --> 01:36:42,160
Speaker 2: got Zelensky going on their Friday local times so probably

1879
01:36:42,200 --> 01:36:44,880
Speaker 2: said day out time. Eight minutes away from seven News

1880
01:36:44,920 --> 01:36:45,400
Speaker 2: Talk ZIBB.

1881
01:36:46,560 --> 01:36:49,760
Speaker 1: It's the hitherto per se Alan drive full show podcast

1882
01:36:49,920 --> 01:36:52,960
Speaker 1: on iHeartRadio powered by News Talk Zibby.

1883
01:36:54,920 --> 01:36:57,800
Speaker 2: News Talk zib So. Tourism, we had numbers out today

1884
01:36:57,840 --> 01:36:59,920
Speaker 2: on spending. We know that the numbers and terms of

1885
01:37:00,360 --> 01:37:03,559
Speaker 2: people actually coming here, tourists arriving, we're still down about

1886
01:37:03,560 --> 01:37:06,519
Speaker 2: sixteen percent on pre COVID, so that's not great. But

1887
01:37:06,640 --> 01:37:09,799
Speaker 2: we did have a glimmer of good news today. Tourism

1888
01:37:09,880 --> 01:37:12,920
Speaker 2: spending up fourteen point six percent over the past year.

1889
01:37:13,040 --> 01:37:17,240
Speaker 2: That's good. Overseas spending was up sixty percent, which sounds

1890
01:37:17,280 --> 01:37:19,720
Speaker 2: like incredible, but I mean, obviously still not back to

1891
01:37:19,800 --> 01:37:21,920
Speaker 2: pre COVID, and the fact that we only lifted our

1892
01:37:21,960 --> 01:37:25,800
Speaker 2: border restrictions in June twenty twenty two, not that long

1893
01:37:25,880 --> 01:37:27,760
Speaker 2: ago really, so it's going to take us a while

1894
01:37:27,880 --> 01:37:29,920
Speaker 2: to get back to dig back to where we were

1895
01:37:30,560 --> 01:37:34,080
Speaker 2: long way to go. But domestic numbers were down now

1896
01:37:34,120 --> 01:37:37,360
Speaker 2: I think I'm assuming this is because people are you know,

1897
01:37:37,520 --> 01:37:40,160
Speaker 2: kiwis are now traveling overseas more than they were in

1898
01:37:40,240 --> 01:37:43,759
Speaker 2: the last year, and so that's down seven hundred million dollars,

1899
01:37:43,800 --> 01:37:46,840
Speaker 2: down two point five percent. The upshot of all of

1900
01:37:46,920 --> 01:37:50,400
Speaker 2: this is it accounts for tourism seven and a half

1901
01:37:50,479 --> 01:37:54,599
Speaker 2: percent of our GDP employment is up twelve percent. It's

1902
01:37:54,640 --> 01:37:57,439
Speaker 2: our second largest export and it surely will shoot back

1903
01:37:57,520 --> 01:37:59,960
Speaker 2: to number one at some point, coming up to five.

1904
01:38:00,000 --> 01:38:02,479
Speaker 2: I've away from seven. You're on news Talks beat for

1905
01:38:02,560 --> 01:38:04,840
Speaker 2: a way, I should say, what are we going out

1906
01:38:04,880 --> 01:38:05,360
Speaker 2: to tonight?

1907
01:38:05,439 --> 01:38:05,519
Speaker 5: An?

1908
01:38:05,960 --> 01:38:08,120
Speaker 29: This is brand spanking new R and it's from Marlon

1909
01:38:08,160 --> 01:38:11,519
Speaker 29: Williams and from Lord. They have collaborated on this new song.

1910
01:38:11,640 --> 01:38:15,040
Speaker 29: It is called Manu. It's going to be one of

1911
01:38:15,080 --> 01:38:20,000
Speaker 29: the tracks on Marlon Williams's upcoming ALBUMA, which is coming

1912
01:38:20,040 --> 01:38:22,719
Speaker 29: out in April. I think there's a documentary about Marlon

1913
01:38:22,760 --> 01:38:24,360
Speaker 29: that's going to come out about a month later as well,

1914
01:38:24,439 --> 01:38:26,960
Speaker 29: in May. But apparently Lord and Marlin are just good

1915
01:38:26,960 --> 01:38:29,040
Speaker 29: friends and just sat down and recorded a song together

1916
01:38:29,040 --> 01:38:29,920
Speaker 29: and they've put it out today.

1917
01:38:29,960 --> 01:38:32,800
Speaker 2: So here it is fantastic love Marlon Williams, great guy,

1918
01:38:33,439 --> 01:39:07,120
Speaker 2: See you Tomorrowhunga.

1919
01:38:51,040 --> 01:39:12,400
Speaker 15: Northern Garda, Oh Bichanak with De Margo.

1920
01:39:14,160 --> 01:39:30,600
Speaker 30: Hi Hiadmama, Marini, Toto, Miracle, Thank you Meada, don't you

1921
01:39:31,080 --> 01:39:32,519
Speaker 30: mek By?

1922
01:39:34,520 --> 01:39:40,160
Speaker 15: Hey call you her Ganga, Katti Pecca?

1923
01:39:41,000 --> 01:39:41,479
Speaker 2: How am I.

1924
01:39:47,240 --> 01:39:47,599
Speaker 18: For more?

1925
01:39:47,680 --> 01:39:51,000
Speaker 3: From Hither duplessy Alan Drive listen live to News Talks.

1926
01:39:51,040 --> 01:39:54,160
Speaker 1: It'd be from four pm weekdays, or follow the podcast

1927
01:39:54,320 --> 01:39:55,280
Speaker 1: on iHeartRadio