1 00:00:01,920 --> 00:00:06,320 Speaker 1: The issues is the interviews and the inside. Ryan Bridge 2 00:00:06,360 --> 00:00:10,920 Speaker 1: on early edition with one roof make your property search simple. 3 00:00:11,240 --> 00:00:13,680 Speaker 2: News Talks, he'd b good morning, it is Friday, the 4 00:00:13,720 --> 00:00:16,120 Speaker 2: ninth of May, al kicking off this morning for your Friday. 5 00:00:16,160 --> 00:00:19,360 Speaker 2: We've got a new pope. We've got white smoke. Everyone's 6 00:00:19,400 --> 00:00:21,639 Speaker 2: excited about this. Don't know who it is yet. I 7 00:00:21,680 --> 00:00:24,800 Speaker 2: can tell you it will be a man. Rumors are 8 00:00:24,880 --> 00:00:28,000 Speaker 2: that it might be an Italian, someone we perhaps didn't expect. 9 00:00:28,080 --> 00:00:30,680 Speaker 2: We'll keep across that this morning. India and Pakistan added 10 00:00:30,720 --> 00:00:34,440 Speaker 2: again explosions in cashmir details on this new US UK 11 00:00:34,640 --> 00:00:38,080 Speaker 2: trade deal. We'll look at Luxeon's budget speeks closest to 12 00:00:38,159 --> 00:00:40,600 Speaker 2: six am as well, a little more cap X, a 13 00:00:40,680 --> 00:00:44,519 Speaker 2: little less op X, and we'll speak about NZR with 14 00:00:44,600 --> 00:00:46,120 Speaker 2: David Moffatt News Talks HEADB. 15 00:00:48,159 --> 00:00:48,839 Speaker 1: The agenda. 16 00:00:49,159 --> 00:00:52,640 Speaker 2: So this Trump Starmadale. First up, tariffs on UK steel 17 00:00:52,720 --> 00:00:55,360 Speaker 2: and aluminium are gone, which I'll be very happy about. 18 00:00:55,440 --> 00:00:58,800 Speaker 2: UK car tariffs cut from twenty five to ten percent. 19 00:00:59,040 --> 00:01:03,000 Speaker 3: In addition that you will reduce or eliminate numerous non 20 00:01:03,080 --> 00:01:07,920 Speaker 3: tariff barriers that unfairly discriminated against American products. 21 00:01:08,000 --> 00:01:09,200 Speaker 4: But this is now turning out. 22 00:01:09,240 --> 00:01:10,720 Speaker 1: I think really could be a great deal. 23 00:01:10,560 --> 00:01:11,399 Speaker 4: For both countries. 24 00:01:11,680 --> 00:01:13,360 Speaker 2: Certainly, Starmer's are happy, chappy. 25 00:01:14,600 --> 00:01:18,399 Speaker 5: We are the first country to secure such a deal 26 00:01:18,440 --> 00:01:21,640 Speaker 5: with the United States, and in an error of global 27 00:01:21,680 --> 00:01:25,440 Speaker 5: insecurity and instability, that is so important. 28 00:01:25,880 --> 00:01:28,319 Speaker 2: Twenty four hours and four rounds of voting, and we 29 00:01:28,360 --> 00:01:29,720 Speaker 2: have ourselves a new pope. 30 00:01:30,080 --> 00:01:32,360 Speaker 6: The crowd is cheering. 31 00:01:32,640 --> 00:01:36,520 Speaker 7: There is juvenation down below in Saint Peter's Square. 32 00:01:37,000 --> 00:01:38,759 Speaker 8: They have been waiting all day and. 33 00:01:38,720 --> 00:01:39,959 Speaker 2: There you hunt confirmation. 34 00:01:40,600 --> 00:01:43,679 Speaker 1: The fowls of Saint Peter are bringing out. 35 00:01:44,240 --> 00:01:44,440 Speaker 8: Yeah. 36 00:01:44,560 --> 00:01:48,120 Speaker 2: Huge crowd's very excited. The Senior Cardinal will soon confirm 37 00:01:48,200 --> 00:01:50,680 Speaker 2: the decision that introduced the new pontiff by his chosen 38 00:01:50,720 --> 00:01:53,200 Speaker 2: papal name. It'll all be in Latin, so they will 39 00:01:53,200 --> 00:01:56,640 Speaker 2: bring you a translation. Finally, the King has paid special 40 00:01:56,680 --> 00:01:59,240 Speaker 2: tribute to the veterans of World War II as Britain 41 00:01:59,240 --> 00:02:02,000 Speaker 2: marks the eightieth anniversary of v Day. Here's a clip 42 00:02:02,040 --> 00:02:07,160 Speaker 2: from Winston Churchill's great grandson Alexander Churchill, who spoke at 43 00:02:07,200 --> 00:02:08,360 Speaker 2: the Thanksgiving service. 44 00:02:09,000 --> 00:02:12,560 Speaker 7: Let us pray for peace in Europe and across the 45 00:02:12,560 --> 00:02:16,520 Speaker 7: world in our time and for generations to come. 46 00:02:19,000 --> 00:02:22,400 Speaker 1: Ryan Bridge on the edition where the One Room make 47 00:02:22,480 --> 00:02:25,400 Speaker 1: your property search simple used dog ziby. 48 00:02:25,560 --> 00:02:27,120 Speaker 2: It was a bit cute, wasn't it. Eight minutes half 49 00:02:27,160 --> 00:02:29,560 Speaker 2: to five. They won't be happy to not peace around 50 00:02:29,560 --> 00:02:32,680 Speaker 2: the world today because there are fresh explosions reported. This 51 00:02:32,720 --> 00:02:36,960 Speaker 2: is in Jammu City in Kashmir. This is India administered Kashmir. 52 00:02:37,160 --> 00:02:40,960 Speaker 2: Basically India and Pakistan at it again overnight. Pakistan did 53 00:02:40,960 --> 00:02:42,880 Speaker 2: promise yesterday they would hit back, so it sounds like 54 00:02:42,919 --> 00:02:45,640 Speaker 2: they have done that. There are blasts and sirens. This 55 00:02:45,720 --> 00:02:48,119 Speaker 2: is all happening in the last couple of hours now. 56 00:02:48,240 --> 00:02:52,360 Speaker 2: The markets love a deal between the UK and the US. 57 00:02:52,440 --> 00:02:56,040 Speaker 2: It's not a free trade deal. Let's make that clear. 58 00:02:56,120 --> 00:02:58,600 Speaker 2: It's not a free trade deal. Is it a deal 59 00:02:58,639 --> 00:03:03,200 Speaker 2: even that's better than what they had six months ago? No, 60 00:03:03,360 --> 00:03:06,040 Speaker 2: it's basically, but it's better than yesterday, which is what 61 00:03:06,120 --> 00:03:08,280 Speaker 2: Starr is saying. It's a better deal than they had yesterday. 62 00:03:08,320 --> 00:03:10,400 Speaker 2: So they're happy and the markets are happy. Two stocks 63 00:03:10,480 --> 00:03:13,440 Speaker 2: up more than one percent after this announcement. So what 64 00:03:13,480 --> 00:03:17,000 Speaker 2: does it mean? The ten percent tariff stays, but there 65 00:03:17,040 --> 00:03:19,280 Speaker 2: are some exemptions that they've brought in. This is good 66 00:03:19,320 --> 00:03:22,639 Speaker 2: news for range Rover. A tariff cup from twenty five 67 00:03:22,720 --> 00:03:25,160 Speaker 2: to ten percent, but only on up to one hundred 68 00:03:25,240 --> 00:03:29,240 Speaker 2: thousand vehicles. The UK in return has promised to imput 69 00:03:29,280 --> 00:03:32,760 Speaker 2: more Boeing planes, so it's like a car plane swap. 70 00:03:33,680 --> 00:03:35,800 Speaker 2: Steel is the big deal for the UK, of course, 71 00:03:35,800 --> 00:03:38,200 Speaker 2: and you saw Starma today giving his speech out stump 72 00:03:38,280 --> 00:03:41,760 Speaker 2: speech outside Day or insider. Our factory was steel workers. 73 00:03:41,800 --> 00:03:45,200 Speaker 2: They were very happy those tariffs are gone. Workers are chairing. 74 00:03:46,200 --> 00:03:50,280 Speaker 2: Interesting Also on China, Besson is going to Switzerland to 75 00:03:50,440 --> 00:03:53,280 Speaker 2: meet with Chinese officials for talks on trade, which is 76 00:03:53,320 --> 00:03:56,480 Speaker 2: another reason the markets are happy this morning. And the 77 00:03:56,720 --> 00:03:59,200 Speaker 2: US farmers will get more of a look in with 78 00:03:59,320 --> 00:04:05,240 Speaker 2: this deal, potentially five billion dollars in added revenue for 79 00:04:05,280 --> 00:04:07,840 Speaker 2: them because of the deal that that Trump has done. 80 00:04:08,280 --> 00:04:10,240 Speaker 2: So yeah, not going to change the world, but certainly 81 00:04:10,280 --> 00:04:12,560 Speaker 2: not as bad as we were yesterday, which is good. 82 00:04:12,640 --> 00:04:14,880 Speaker 2: Ten after five News Talks MB will bring you the 83 00:04:14,920 --> 00:04:17,160 Speaker 2: new Pope when we get him and David Moffett next 84 00:04:17,279 --> 00:04:18,280 Speaker 2: on ZR. 85 00:04:18,880 --> 00:04:21,800 Speaker 1: The First Word on the News of the Day Early 86 00:04:22,000 --> 00:04:25,640 Speaker 1: edition with Bryan Bridge and One Room Make Your Property 87 00:04:25,680 --> 00:04:29,479 Speaker 1: Search Symbol, News TALKSBOP. 88 00:04:28,480 --> 00:04:30,719 Speaker 2: After five News Talks MB, so we've got white smoke 89 00:04:30,760 --> 00:04:33,360 Speaker 2: from the Vatican and four rounds of voting means it 90 00:04:33,440 --> 00:04:36,560 Speaker 2: was a quick one. She was a quickie. And the 91 00:04:36,600 --> 00:04:39,599 Speaker 2: doors are opening apparently and St. Peter's Square are about 92 00:04:39,680 --> 00:04:41,520 Speaker 2: to meet. Our new pope will bring you that as 93 00:04:41,560 --> 00:04:43,400 Speaker 2: soon as we have it. So four rounds of voting 94 00:04:43,440 --> 00:04:46,680 Speaker 2: means it was quick faster than Francis. May he rest 95 00:04:46,720 --> 00:04:49,200 Speaker 2: in peace and that shows unity. Well, this is what 96 00:04:49,480 --> 00:04:52,280 Speaker 2: some of the cardinals have been saying, shows unity in 97 00:04:52,320 --> 00:04:55,000 Speaker 2: the Catholic Church. It has just gone thirteen minutes after five. 98 00:04:55,320 --> 00:04:57,040 Speaker 1: Brian Bridge John. 99 00:04:56,800 --> 00:05:01,039 Speaker 2: News talksb a record income for INZR, not enough though, 100 00:05:01,080 --> 00:05:05,040 Speaker 2: to save them from their third annual deficit in a row. Yesterday, 101 00:05:05,240 --> 00:05:08,840 Speaker 2: the chair David Kirkainfield nineteen and a half million dollar loss. 102 00:05:08,880 --> 00:05:11,240 Speaker 2: This is despite bringing in two hundred and eighty five 103 00:05:11,320 --> 00:05:15,680 Speaker 2: million and revenue. That's their highest ever income. David Moffatt 104 00:05:15,720 --> 00:05:18,320 Speaker 2: is the former n ZID Rugby CEO with me this morning, David, 105 00:05:18,320 --> 00:05:19,040 Speaker 2: good morning. 106 00:05:19,800 --> 00:05:21,720 Speaker 9: Good morning. This is an early one mate. 107 00:05:22,080 --> 00:05:24,760 Speaker 2: Yeah, thank you for being up with us. What do 108 00:05:24,800 --> 00:05:27,040 Speaker 2: you make What do you make of these numbers? 109 00:05:27,600 --> 00:05:31,599 Speaker 9: Well, I suppose they've got I got some decent amount 110 00:05:31,640 --> 00:05:35,000 Speaker 9: of cash in the bank. Three losses in a row. 111 00:05:35,360 --> 00:05:38,400 Speaker 9: I think I managed to a round about seventy five 112 00:05:39,080 --> 00:05:43,280 Speaker 9: million dollars and I can't. I was struggling just to 113 00:05:43,360 --> 00:05:47,280 Speaker 9: remember how much money they got from the Silver Lake deal. 114 00:05:48,320 --> 00:05:52,280 Speaker 9: I think it was close to three hundred million altogether. 115 00:05:52,440 --> 00:05:56,680 Speaker 9: So they've been burning cash, you know, at a rate 116 00:05:56,680 --> 00:05:59,640 Speaker 9: of knots, and one's got to wait and see whether 117 00:05:59,680 --> 00:06:04,600 Speaker 9: that'll stop. But what this is symptomatic of rugby around 118 00:06:04,600 --> 00:06:09,520 Speaker 9: the world, and it's professional rugby is now living in 119 00:06:09,600 --> 00:06:13,200 Speaker 9: quicksand no matter where you look in the world, it's 120 00:06:13,240 --> 00:06:17,839 Speaker 9: in real trouble. I mean recently you saw the Cardiff 121 00:06:17,839 --> 00:06:22,000 Speaker 9: Blues go into receivership and there's been taken over by 122 00:06:22,040 --> 00:06:24,640 Speaker 9: the Welsh Rugby Union. I'm not quite sure what they 123 00:06:25,120 --> 00:06:29,080 Speaker 9: will bring to the tape table. And then you just 124 00:06:29,200 --> 00:06:35,240 Speaker 9: see you've had well. Most of the Super rugby teams 125 00:06:35,320 --> 00:06:41,599 Speaker 9: are always perilously poised in their finances. Most recently the 126 00:06:41,720 --> 00:06:45,440 Speaker 9: Hurricanes apparently approached the ends at Our for a one 127 00:06:45,520 --> 00:06:50,000 Speaker 9: million dollar dailout and the games in real trouble financially. 128 00:06:50,600 --> 00:06:53,080 Speaker 2: What about how much they're paying the players. Do you 129 00:06:53,080 --> 00:06:55,520 Speaker 2: think that the salaries are too high or what are 130 00:06:55,520 --> 00:06:56,280 Speaker 2: they spending their money? 131 00:06:56,520 --> 00:06:59,040 Speaker 9: I think there are too many teams. To be perfectly 132 00:06:59,080 --> 00:07:02,080 Speaker 9: honest with you, and you know, here's here's some things 133 00:07:02,080 --> 00:07:05,440 Speaker 9: that I would do. But at New Zealand Rugby, I 134 00:07:05,520 --> 00:07:11,800 Speaker 9: would firstly, I would really cut the size of the administration. 135 00:07:12,200 --> 00:07:13,720 Speaker 9: You know, I don't know what it is now, but 136 00:07:13,840 --> 00:07:16,560 Speaker 9: it was about two hundred at one stage. We used 137 00:07:16,600 --> 00:07:19,480 Speaker 9: to do at different times, but at the beginning of 138 00:07:19,600 --> 00:07:23,200 Speaker 9: the professional rugby we had around about thirty three thirty 139 00:07:23,200 --> 00:07:25,840 Speaker 9: four when I was the chief executive and we did 140 00:07:25,880 --> 00:07:28,840 Speaker 9: a pretty good job. I thought, that's the first thing 141 00:07:28,840 --> 00:07:31,520 Speaker 9: and do. The second thing I would do would be 142 00:07:31,640 --> 00:07:35,440 Speaker 9: cut a professional team. There are too many teams in 143 00:07:35,480 --> 00:07:40,840 Speaker 9: New Zealand for the number of quality players that we have. 144 00:07:43,360 --> 00:07:46,320 Speaker 9: That would be a very difficult one, wouldn't it. You know, 145 00:07:46,560 --> 00:07:48,720 Speaker 9: But that's no different to any business who had to 146 00:07:48,760 --> 00:07:51,600 Speaker 9: make that. You've got to be vert, you've got to 147 00:07:51,600 --> 00:07:56,040 Speaker 9: be brutal. So yeah, I don't know, to be perfectly 148 00:07:56,040 --> 00:08:00,240 Speaker 9: honest with you, but it needs to happen. Australian needs 149 00:08:00,240 --> 00:08:03,120 Speaker 9: to cut another team. They can't afford four professional teams, 150 00:08:03,160 --> 00:08:06,480 Speaker 9: and so it goes. I mean, the English Premiership is 151 00:08:06,520 --> 00:08:10,440 Speaker 9: still in trouble financially and they've gone down from fourteen 152 00:08:10,480 --> 00:08:15,080 Speaker 9: to ten teams, but it's still in trouble. Nine out 153 00:08:15,120 --> 00:08:17,880 Speaker 9: of the ten teams make a loss every year and 154 00:08:17,920 --> 00:08:22,000 Speaker 9: it's not it's just not sustainable. You know, you can't 155 00:08:22,040 --> 00:08:22,920 Speaker 9: go on like that. 156 00:08:22,840 --> 00:08:25,360 Speaker 2: And not not whin your third year in the hole 157 00:08:25,480 --> 00:08:28,040 Speaker 2: for nineteen and a half million dollars. David, appreciate your 158 00:08:28,080 --> 00:08:31,000 Speaker 2: time this morning. David Moffatt, former n Z Rugby CEO. 159 00:08:31,480 --> 00:08:33,560 Speaker 2: It is sixteen after five News Talk ZBB. 160 00:08:34,880 --> 00:08:38,560 Speaker 1: Get ahead of the headlines on early edition with Ryan 161 00:08:38,640 --> 00:08:42,760 Speaker 1: Bridge and one Roof, Make your Property search simple. News 162 00:08:42,760 --> 00:08:50,800 Speaker 1: Talk ZEDB. This is News Talks dB Breaking News. 163 00:08:50,480 --> 00:08:53,280 Speaker 2: Five nineteen on News Talk ZIB. And we have a 164 00:08:53,320 --> 00:08:56,560 Speaker 2: new pope. A senior cardinal has just announced the first 165 00:08:56,640 --> 00:08:59,640 Speaker 2: American Pope as Robert Francis. 166 00:08:59,160 --> 00:09:12,880 Speaker 10: Previstoma, Robertumfuma song de Romane Clezier, Cardinal Prebost, Cardinal Matrebos. 167 00:09:13,040 --> 00:09:19,440 Speaker 10: We see b No Maay named Posuita Leonema Decima, who 168 00:09:19,520 --> 00:09:25,480 Speaker 10: we called Leonem Dechimoon, the fourth leon Leonem Dutchimum. 169 00:09:25,600 --> 00:09:25,880 Speaker 11: Fourth. 170 00:09:26,760 --> 00:09:26,840 Speaker 10: Right. 171 00:09:26,880 --> 00:09:28,920 Speaker 2: We're going to get to Vincent mcavinie in just a second. 172 00:09:29,000 --> 00:09:32,120 Speaker 2: He is standing by for us our UK europe correspondent, 173 00:09:32,200 --> 00:09:35,600 Speaker 2: So very happy people clapping and cheering at St. Peters 174 00:09:35,600 --> 00:09:38,559 Speaker 2: Square at Vatican City. Right now, just gone twenty after. 175 00:09:38,440 --> 00:09:43,320 Speaker 1: Five, International correspondence with insign Eye Insurance Peace of Mind 176 00:09:43,400 --> 00:09:44,400 Speaker 1: for New Zealand business. 177 00:09:45,400 --> 00:09:48,120 Speaker 2: Vincent's with us now, Vincent, good morning. We have a pope. 178 00:09:48,200 --> 00:09:50,600 Speaker 2: I didn't quite catch his papal name. 179 00:09:50,880 --> 00:09:51,800 Speaker 9: What are we calling him? 180 00:09:52,960 --> 00:09:55,440 Speaker 12: No, we haven't had it come out yet. On the wise, 181 00:09:55,480 --> 00:09:59,720 Speaker 12: I think it was Leonem but his name before life 182 00:10:00,320 --> 00:10:03,400 Speaker 12: as a pope now was Robert Prevos. He will become 183 00:10:04,000 --> 00:10:08,760 Speaker 12: the very first ever American pope. He is a surprise contender. 184 00:10:08,840 --> 00:10:11,480 Speaker 12: He was in all of the shortlists for the position, 185 00:10:12,400 --> 00:10:15,680 Speaker 12: but he was not seen at all as a front runner. 186 00:10:16,040 --> 00:10:19,320 Speaker 12: He is only sixty nine years old, which is quite 187 00:10:19,480 --> 00:10:22,079 Speaker 12: young for the position. He served as the head of 188 00:10:22,640 --> 00:10:26,720 Speaker 12: Late Pope Francis's main advisory group on picking new bishops 189 00:10:27,360 --> 00:10:30,599 Speaker 12: and had sort of broad name recognition because of that, 190 00:10:32,160 --> 00:10:34,640 Speaker 12: and especially with the sort of large group of papal 191 00:10:34,840 --> 00:10:38,600 Speaker 12: electors which have made up this conclave over the past 192 00:10:38,760 --> 00:10:41,520 Speaker 12: few days. He was born in Chicago to a family 193 00:10:41,600 --> 00:10:45,559 Speaker 12: with Italian, French and Spanish roots. He trained in the 194 00:10:45,640 --> 00:10:48,640 Speaker 12: Vatican with the late Pope Francis and spent most of 195 00:10:48,720 --> 00:10:54,120 Speaker 12: his career working in Peru. He actually has joint Peruvian citizenship. 196 00:10:54,640 --> 00:10:59,600 Speaker 12: He's described as the least American American and someone who 197 00:10:59,720 --> 00:11:01,280 Speaker 12: was seen as a bit of a reformer. 198 00:11:01,440 --> 00:11:06,000 Speaker 2: Potentially Leo the fourteenth is his papal name. We're just 199 00:11:06,120 --> 00:11:09,439 Speaker 2: being told Leo the fourteenth is the new pope. Interesting 200 00:11:09,520 --> 00:11:11,400 Speaker 2: that he's an American. Trump will be happy with that. 201 00:11:12,000 --> 00:11:14,520 Speaker 2: But you mentioned he's a reformer in what way? I mean, 202 00:11:14,559 --> 00:11:17,800 Speaker 2: what direction do we know this will take? The Catholic Churchen. 203 00:11:19,559 --> 00:11:22,360 Speaker 12: Yeah, I mean, obviously Donald Trump a you know, truth 204 00:11:22,480 --> 00:11:26,120 Speaker 12: doubt a picture of himself using AI as pope, but 205 00:11:26,200 --> 00:11:27,959 Speaker 12: that was pretty unlikely. But yeah, I think you will 206 00:11:28,000 --> 00:11:30,160 Speaker 12: be pretty delighted at something else that he can trumpet 207 00:11:30,160 --> 00:11:33,800 Speaker 12: as an achievement under his watch, getting the first American pope. 208 00:11:34,080 --> 00:11:36,760 Speaker 12: That had traditionally, of course, been a reluctance to have 209 00:11:37,400 --> 00:11:40,599 Speaker 12: an American pope, or indeed a pope from Russia. The 210 00:11:40,679 --> 00:11:42,880 Speaker 12: idea was that you didn't want to have a pope 211 00:11:42,920 --> 00:11:46,040 Speaker 12: from the superpower that those nations already played large enough 212 00:11:46,080 --> 00:11:48,760 Speaker 12: on the world stage, and of course China now as well, 213 00:11:48,840 --> 00:11:50,880 Speaker 12: that you wouldn't want someone from there. But that is 214 00:11:50,920 --> 00:11:56,640 Speaker 12: what this conclave has decided. He's being described as someone 215 00:11:56,679 --> 00:11:59,880 Speaker 12: who is not a showboat. He's been described by colleagues 216 00:11:59,880 --> 00:12:04,719 Speaker 12: as being very calm, extremely intelligent, and very compassionate. And 217 00:12:05,520 --> 00:12:08,280 Speaker 12: it sounds like he is looking to be progressive on 218 00:12:08,400 --> 00:12:12,160 Speaker 12: many social issues. Some see him as a centrist, but 219 00:12:12,679 --> 00:12:15,080 Speaker 12: he is apparently, according to these reports coming out now, 220 00:12:15,120 --> 00:12:17,480 Speaker 12: as someone who a lot of Catholics would see is 221 00:12:17,640 --> 00:12:19,840 Speaker 12: wanting to carry on the work that Pope Francis has 222 00:12:19,920 --> 00:12:22,679 Speaker 12: done over his time, which was sort of shifting the 223 00:12:22,800 --> 00:12:25,719 Speaker 12: church away from the sort of high church trapped in 224 00:12:26,360 --> 00:12:29,760 Speaker 12: very much sort of all nate traditions. And you know, 225 00:12:29,880 --> 00:12:32,680 Speaker 12: we know that Pope Francis, for instance, wore simple robes, 226 00:12:33,040 --> 00:12:36,199 Speaker 12: wanted things lived very simply, wanted things that were sort 227 00:12:36,240 --> 00:12:40,200 Speaker 12: of reaching out from the church, not being internal, wanting 228 00:12:40,280 --> 00:12:42,439 Speaker 12: to make sure of engage with the people that needed 229 00:12:42,480 --> 00:12:45,280 Speaker 12: the church most, the global poor, wanting to do more 230 00:12:45,320 --> 00:12:48,280 Speaker 12: work in the global South. And it sounds like this 231 00:12:48,480 --> 00:12:51,880 Speaker 12: new Pope is someone who wants to carry on that 232 00:12:52,080 --> 00:12:53,559 Speaker 12: work that Pope Francis started. 233 00:12:54,280 --> 00:12:56,679 Speaker 2: If you're just joining us, we heaven you, Pope. The 234 00:12:57,000 --> 00:13:01,760 Speaker 2: US Cardinal Robert Francis Privost has been revealed as Pope 235 00:13:01,920 --> 00:13:04,720 Speaker 2: Leo the fourteenth. Then we're talking to Vincent mcavini, who's 236 00:13:04,720 --> 00:13:08,040 Speaker 2: our UK europe correspondent. Also we should touch on this 237 00:13:08,200 --> 00:13:11,360 Speaker 2: UK US trade deal which has been announced this morning 238 00:13:11,440 --> 00:13:15,000 Speaker 2: as well. And it's not a deal that gets them 239 00:13:15,040 --> 00:13:17,520 Speaker 2: back to, you know, a great position, but it's a 240 00:13:17,559 --> 00:13:19,280 Speaker 2: better position than yesterday, I suppose. 241 00:13:20,320 --> 00:13:21,920 Speaker 12: Yeah, it's not as good as we had this time 242 00:13:22,000 --> 00:13:24,160 Speaker 12: last year, for instance, but it's better than we had 243 00:13:24,800 --> 00:13:27,480 Speaker 12: over the past couple of weeks. And whilst America is 244 00:13:27,559 --> 00:13:30,000 Speaker 12: calling it a trade deal, we here in the UK 245 00:13:30,120 --> 00:13:33,800 Speaker 12: are actually calling it just a tariff's deal because it 246 00:13:33,960 --> 00:13:36,960 Speaker 12: is not the sort of all around, all encompassing trade 247 00:13:37,000 --> 00:13:40,079 Speaker 12: deal that Brexiteers, for instance, have tried to claim that 248 00:13:40,200 --> 00:13:42,800 Speaker 12: the UK could get for the last decade or so. 249 00:13:43,400 --> 00:13:46,520 Speaker 12: This is a deal which sort of removes that extra 250 00:13:46,640 --> 00:13:51,680 Speaker 12: twenty five percent on steel, aluminium and cars that America 251 00:13:51,760 --> 00:13:55,240 Speaker 12: had imposed. We've got that down to just ten percent, 252 00:13:55,440 --> 00:13:57,679 Speaker 12: so still you know a little chunk there. But they 253 00:13:57,760 --> 00:14:00,440 Speaker 12: are the cars that the UK makes and actually has 254 00:14:00,480 --> 00:14:03,400 Speaker 12: a surprisingly large car industry. Now they are the high 255 00:14:03,520 --> 00:14:07,240 Speaker 12: end cars, so you're Bentley's sort of rolled rooyces Aston Martins, 256 00:14:07,559 --> 00:14:11,079 Speaker 12: the kind of customer base that really having ten more 257 00:14:11,120 --> 00:14:13,280 Speaker 12: percent on it won't really mean too much of them, 258 00:14:13,360 --> 00:14:15,880 Speaker 12: to be honest, But some of those companies had for 259 00:14:16,000 --> 00:14:20,400 Speaker 12: the time stopped actually exporting into America and then for 260 00:14:20,560 --> 00:14:24,360 Speaker 12: everything else the end. But that's just only the first 261 00:14:24,480 --> 00:14:28,960 Speaker 12: one hundred thousand vehicles. Only one hundred and one thousand 262 00:14:29,040 --> 00:14:31,040 Speaker 12: are exported last year, so it means that we can't 263 00:14:31,080 --> 00:14:34,840 Speaker 12: really grow the market in America much. In return, the 264 00:14:34,960 --> 00:14:38,680 Speaker 12: UK government says it's removing the tariff on ethanol for 265 00:14:38,880 --> 00:14:42,480 Speaker 12: US goods and agrees sort of reciprocal markets access for 266 00:14:42,560 --> 00:14:44,800 Speaker 12: certain products, including beef, and that's going to be quite 267 00:14:44,840 --> 00:14:48,840 Speaker 12: controversial because the US uses things like hormones and antibiotics 268 00:14:48,880 --> 00:14:51,920 Speaker 12: which British farmers are not allowed to use on their beef. 269 00:14:52,000 --> 00:14:53,960 Speaker 12: Here we have sort of much higher standards when it 270 00:14:54,000 --> 00:14:56,880 Speaker 12: comes to agricultural products, and so there is a question 271 00:14:57,040 --> 00:14:59,800 Speaker 12: mark over that. Now what that means for our farming 272 00:15:00,040 --> 00:15:02,160 Speaker 12: stry here, whether there might even be a grassroots or 273 00:15:02,280 --> 00:15:06,560 Speaker 12: campaign to simply just not buy American agriculture products in 274 00:15:06,680 --> 00:15:09,320 Speaker 12: order to protect our farmers. And also because of that, 275 00:15:09,880 --> 00:15:15,160 Speaker 12: what's deemed a sort of more chemical quality produce really. 276 00:15:15,040 --> 00:15:18,800 Speaker 2: Appreciate your time. Vincent Vincent mcavini, UK europe correspondent, just 277 00:15:18,840 --> 00:15:21,040 Speaker 2: gone twenty five minutes after five. I'm just looking at 278 00:15:21,120 --> 00:15:25,920 Speaker 2: some live pictures from Vatican, the Vatican balcony. The new Pope, 279 00:15:26,040 --> 00:15:29,240 Speaker 2: Leo the fourteenth has got tears and designs. Is He's 280 00:15:29,280 --> 00:15:33,160 Speaker 2: obviously been overwhelmed by the occasion. Forty thousand Catholics in St. 281 00:15:33,200 --> 00:15:36,600 Speaker 2: Peter's Square right now. We have a new pope. We've 282 00:15:36,640 --> 00:15:38,960 Speaker 2: had some white smoke. Four rounds of voting. Twenty six 283 00:15:39,040 --> 00:15:41,280 Speaker 2: minutes after five, the early. 284 00:15:41,240 --> 00:15:45,160 Speaker 1: Edition full show podcast on iHeartRadio. How it by News 285 00:15:45,200 --> 00:15:45,720 Speaker 1: Talks It be. 286 00:15:47,080 --> 00:15:49,400 Speaker 2: News Talks B Twenty eight minutes after five. We have 287 00:15:49,520 --> 00:15:52,040 Speaker 2: a new pope. His name is Leo the fourteenth. He's 288 00:15:52,040 --> 00:15:54,840 Speaker 2: American and these are his first words. 289 00:15:55,520 --> 00:16:00,800 Speaker 6: This is the first preaching story of the resurrect the 290 00:16:00,880 --> 00:16:03,680 Speaker 6: good shepherd who has gave up, given up his life 291 00:16:04,080 --> 00:16:08,160 Speaker 6: for God. And I should also like the greeting off 292 00:16:08,600 --> 00:16:14,120 Speaker 6: peace to enter our hearts and your families and to 293 00:16:14,360 --> 00:16:16,640 Speaker 6: all those people wherever they are. 294 00:16:18,520 --> 00:16:18,680 Speaker 1: Yeah. 295 00:16:18,760 --> 00:16:23,120 Speaker 2: Surprises. American sixty nine years old, born in Chicago, got French, 296 00:16:23,200 --> 00:16:27,600 Speaker 2: Italian roots, Progressive or centrist or bit of both. But 297 00:16:27,840 --> 00:16:30,480 Speaker 2: certainly not one of the conservatives. So a little hint 298 00:16:30,640 --> 00:16:32,040 Speaker 2: where the Catholic Church is going to head in the 299 00:16:32,080 --> 00:16:34,920 Speaker 2: next couple of years. Here is Starma on that trade 300 00:16:34,960 --> 00:16:37,400 Speaker 2: deal we've been talking about this morning. He was very, 301 00:16:37,720 --> 00:16:40,920 Speaker 2: very excited, said I didn't want to do basically a 302 00:16:41,040 --> 00:16:43,640 Speaker 2: Hugh Grant in love actually and walk away from the 303 00:16:43,800 --> 00:16:45,000 Speaker 2: relationship with the US. 304 00:16:45,120 --> 00:16:49,040 Speaker 5: Instead, in recent years, an idea has taken hold that 305 00:16:49,240 --> 00:16:54,600 Speaker 5: you somehow show your strength by rejecting your allies, that 306 00:16:54,840 --> 00:16:58,200 Speaker 5: you shut the door, put the phone down, storm off. 307 00:16:58,320 --> 00:17:01,120 Speaker 5: I've had plenty of people urging me to do that 308 00:17:01,960 --> 00:17:04,560 Speaker 5: rather than stay in the world, in the room and 309 00:17:04,800 --> 00:17:08,800 Speaker 5: fight for the interests of our country. And I want 310 00:17:08,880 --> 00:17:12,000 Speaker 5: to be absolutely crystal clear that is not how this 311 00:17:12,200 --> 00:17:13,280 Speaker 5: government operates. 312 00:17:14,760 --> 00:17:16,800 Speaker 2: You're on News Talk CB. It is twenty nine minutes 313 00:17:16,880 --> 00:17:19,639 Speaker 2: after five. We will go to take you to the 314 00:17:19,760 --> 00:17:24,040 Speaker 2: Vatican to St. Peter's Square just before six this morning. 315 00:17:24,600 --> 00:17:27,000 Speaker 2: Also our reporters around the country and look at the 316 00:17:27,080 --> 00:17:27,879 Speaker 2: government's budget. 317 00:17:30,359 --> 00:17:34,680 Speaker 1: On your radio and online on iHeartRadio early edition with 318 00:17:34,960 --> 00:17:38,840 Speaker 1: Ryan Bridge and one roof Make your Property Search Simple 319 00:17:39,359 --> 00:17:40,120 Speaker 1: News Talk ZIB. 320 00:17:47,640 --> 00:17:50,680 Speaker 2: Good morning, Welcome to your Friday, twenty four away from six, 321 00:17:50,760 --> 00:17:53,400 Speaker 2: we'll get to a Vedican We'll get to the Vetican city. 322 00:17:53,600 --> 00:17:57,560 Speaker 2: Just before six this morning, we've gotten Australian Catholic journalist 323 00:17:57,600 --> 00:17:59,959 Speaker 2: who is very excited by the fact we've got our 324 00:18:00,080 --> 00:18:03,520 Speaker 2: first American pope and Louis the fourteenth, that's his name. 325 00:18:04,080 --> 00:18:07,240 Speaker 2: We're also going to get to the New Zealand Initiative. 326 00:18:07,240 --> 00:18:10,600 Speaker 2: This is on Luxon announcing yesterday more capital expenditure in 327 00:18:10,640 --> 00:18:12,760 Speaker 2: the budget, after Nicola Willis, of course said there'd be 328 00:18:12,920 --> 00:18:15,720 Speaker 2: less operational expenditure in the budget. Just gone twenty three 329 00:18:15,760 --> 00:18:19,719 Speaker 2: minutes away from six Bridge. Outrage in the House, Chaos 330 00:18:19,800 --> 00:18:21,399 Speaker 2: in the House for a second day in a row, 331 00:18:21,480 --> 00:18:23,800 Speaker 2: this over the pay equity Bill. The question for National 332 00:18:23,920 --> 00:18:27,520 Speaker 2: is whether this outrage in Parliament will translate to outrage 333 00:18:27,560 --> 00:18:30,960 Speaker 2: at the ballot box. Sure, there is a new legal 334 00:18:31,040 --> 00:18:33,760 Speaker 2: framework that's been set up with higher thresholds for pay 335 00:18:33,800 --> 00:18:37,359 Speaker 2: equity claims, but Labour is doing its darndest to create 336 00:18:37,440 --> 00:18:41,000 Speaker 2: the impression that there's not and if that impression sticks, 337 00:18:41,280 --> 00:18:44,520 Speaker 2: it could, I stress could be a problem for National. 338 00:18:44,920 --> 00:18:47,560 Speaker 2: Dutton was emasculated at the poll's last Saturday, in part 339 00:18:47,600 --> 00:18:50,480 Speaker 2: because he wasn't well liked by women. The red landslide 340 00:18:50,480 --> 00:18:53,119 Speaker 2: sweepers Heartland handed Elbow the wind and cost him his 341 00:18:53,200 --> 00:18:57,160 Speaker 2: own seat. In Brisbane's northern suburbs, and across Queensland, young 342 00:18:57,280 --> 00:19:00,760 Speaker 2: voters and women broke for Elbow. So the question for 343 00:19:00,880 --> 00:19:03,720 Speaker 2: National is whether it's just created a problem for twenty 344 00:19:03,800 --> 00:19:08,159 Speaker 2: twenty six. Will women give Luxen a swift kick in 345 00:19:08,240 --> 00:19:11,760 Speaker 2: the gonads next year? That's the question. The bill does 346 00:19:11,920 --> 00:19:14,640 Speaker 2: create a risk of them doing so, especially the fact 347 00:19:14,720 --> 00:19:18,080 Speaker 2: it's ran through under urgency. To counter that, you've got 348 00:19:18,160 --> 00:19:21,480 Speaker 2: to sell the changes right now in the fog of war. 349 00:19:21,920 --> 00:19:24,800 Speaker 2: They're not getting the cut through the critics, your jan Tinetti's. 350 00:19:24,920 --> 00:19:27,760 Speaker 2: They're winning the pr game. But when the dust settles, 351 00:19:28,040 --> 00:19:31,640 Speaker 2: they need to explain with specific examples, which of those 352 00:19:31,800 --> 00:19:35,320 Speaker 2: thirty three deals in the pipeline or deals done thus 353 00:19:35,480 --> 00:19:39,600 Speaker 2: far were bad or rotten and why this is not 354 00:19:39,680 --> 00:19:42,080 Speaker 2: to say all women vote the same or even together 355 00:19:42,200 --> 00:19:44,439 Speaker 2: in a block. Life is not one big sister hit 356 00:19:44,600 --> 00:19:47,560 Speaker 2: hood of the Traveling Pants. After all, women didn't show 357 00:19:47,600 --> 00:19:50,160 Speaker 2: up for Kamala Harris last November, and the States remember 358 00:19:50,240 --> 00:19:53,800 Speaker 2: that even though MSNBC was basically saying Trump would remove 359 00:19:53,880 --> 00:19:58,439 Speaker 2: your womb, women ditched labor after Jacinda left the building 360 00:19:58,480 --> 00:20:01,440 Speaker 2: and the NATS picked them up. This pay equity bill 361 00:20:01,720 --> 00:20:04,480 Speaker 2: is a risk to that support, A bit of a gamble, 362 00:20:04,880 --> 00:20:07,760 Speaker 2: not one that can't be overcome. But you've got to 363 00:20:07,920 --> 00:20:12,040 Speaker 2: sell your story. Twenty one minutes away from six Now 364 00:20:12,119 --> 00:20:13,760 Speaker 2: News Talks there be we'll go to our reporters around 365 00:20:13,760 --> 00:20:17,400 Speaker 2: the country. Colum Proctor in Dunedan Culum, Good morning morning. Right, 366 00:20:17,520 --> 00:20:19,880 Speaker 2: you've got a new push from South the Needen residents 367 00:20:20,000 --> 00:20:21,120 Speaker 2: over the storm water. 368 00:20:22,480 --> 00:20:22,640 Speaker 9: Yeah. 369 00:20:22,680 --> 00:20:25,040 Speaker 13: The council here have been hearing from groups about its 370 00:20:25,040 --> 00:20:27,920 Speaker 13: adoption of the local Water Done Well reforms this week, 371 00:20:28,200 --> 00:20:30,960 Speaker 13: and one group that's particularly angry is the Surrey Street 372 00:20:31,040 --> 00:20:33,840 Speaker 13: Flood Action Group. They say they're continually flooded with sewage 373 00:20:33,840 --> 00:20:36,240 Speaker 13: and want the council to fix the problem. The group 374 00:20:36,320 --> 00:20:38,720 Speaker 13: says the council has hurt the same complaints here for 375 00:20:38,840 --> 00:20:42,440 Speaker 13: thirty years. Millions of dollars have gone into investigations, but 376 00:20:42,560 --> 00:20:45,640 Speaker 13: nothing's been done. They say engineered solutions to their problems 377 00:20:46,040 --> 00:20:49,480 Speaker 13: have even been designed yet ignored. And now they say 378 00:20:49,560 --> 00:20:51,320 Speaker 13: more money is being wasted on the South to Need 379 00:20:51,359 --> 00:20:55,119 Speaker 13: and Futures program, which is looking into climb its adaptation 380 00:20:55,280 --> 00:20:55,720 Speaker 13: in the area. 381 00:20:55,920 --> 00:20:56,879 Speaker 2: How's your weather, Colum. 382 00:20:58,119 --> 00:21:00,880 Speaker 13: Rain today, easing to showers this afternoon, but otherwise fine 383 00:21:00,920 --> 00:21:02,879 Speaker 13: south Westeries and fifteen today brilliant. 384 00:21:02,920 --> 00:21:05,480 Speaker 2: Thank you Calum. Somebody who's text and saying I accidentally 385 00:21:05,520 --> 00:21:08,720 Speaker 2: said Louis it is Leo. Forgive me just then Leo 386 00:21:08,800 --> 00:21:11,119 Speaker 2: the fourteenth, the new Pope cleassue in christ Church with 387 00:21:11,240 --> 00:21:14,680 Speaker 2: us clear. Good morning, Good morning. A caution in Canterbury 388 00:21:14,680 --> 00:21:17,399 Speaker 2: ahead of this rainfall that's coming yes well. 389 00:21:17,440 --> 00:21:21,359 Speaker 7: Banks Peninsula's state of emergency was extended yesterday. It's been 390 00:21:21,400 --> 00:21:24,560 Speaker 7: in place for a week already due to last week's 391 00:21:24,640 --> 00:21:27,479 Speaker 7: record rain and the flooding that came with it. Now 392 00:21:27,560 --> 00:21:29,600 Speaker 7: much of the country, as we know, is expecting heavy 393 00:21:29,680 --> 00:21:31,920 Speaker 7: rain today. The South Island will get the brunt of 394 00:21:32,000 --> 00:21:35,359 Speaker 7: that this morning before it starts to move north. Christ 395 00:21:35,440 --> 00:21:39,080 Speaker 7: Church City Council Controller halland Brunt says this rain, the 396 00:21:39,160 --> 00:21:41,359 Speaker 7: real concern is that this rain may impact a one 397 00:21:41,480 --> 00:21:46,160 Speaker 7: hundred meter crack and some slips around Kadola's Lighthouse Road. 398 00:21:46,480 --> 00:21:48,920 Speaker 7: She says, there is the potential we'll see even more 399 00:21:49,000 --> 00:21:49,760 Speaker 7: slips forming. 400 00:21:50,080 --> 00:21:50,919 Speaker 11: The land there. 401 00:21:50,840 --> 00:21:54,760 Speaker 7: Remains very saturated as is the state of emergency. Situation 402 00:21:54,880 --> 00:21:57,040 Speaker 7: is going to be assisted again on Saturday. 403 00:21:57,240 --> 00:21:59,919 Speaker 2: All right, let's hope things stay pretty well. It's dry 404 00:22:00,040 --> 00:22:00,560 Speaker 2: as possible. 405 00:22:00,600 --> 00:22:00,760 Speaker 4: Clear. 406 00:22:00,760 --> 00:22:02,840 Speaker 2: Appreciate your time this morning, Max Toll, I'm willing to Max. 407 00:22:02,920 --> 00:22:04,119 Speaker 2: Good morning, good morning. 408 00:22:04,320 --> 00:22:04,520 Speaker 4: Yeah. 409 00:22:04,560 --> 00:22:07,280 Speaker 2: Good financial year for Wellington Airport. Glad you held on 410 00:22:07,359 --> 00:22:08,400 Speaker 2: to those years. 411 00:22:09,440 --> 00:22:11,160 Speaker 8: Nearly twenty six million dollars in profit. 412 00:22:11,560 --> 00:22:11,760 Speaker 4: Yeah. 413 00:22:11,800 --> 00:22:14,880 Speaker 8: Good for the City Council, despite at the same time 414 00:22:15,040 --> 00:22:20,600 Speaker 8: passenger domestic numbers slumping. Total yearly passengers on domestic routes 415 00:22:20,680 --> 00:22:23,000 Speaker 8: down one hundred and forty thousand on the year prior. 416 00:22:23,359 --> 00:22:26,320 Speaker 8: The big money spinner international visitors, though that's up about 417 00:22:26,359 --> 00:22:29,680 Speaker 8: sixty thousand. One notable example, the Brisbane routes, a thirty 418 00:22:29,720 --> 00:22:33,400 Speaker 8: seven percent increase in seats to Brisbane, frustrating for many 419 00:22:33,600 --> 00:22:36,320 Speaker 8: here in New Zealand, though Airport Chief Executive Matt Clark 420 00:22:36,359 --> 00:22:40,480 Speaker 8: says fleet available availability issues to blame for those falling 421 00:22:40,560 --> 00:22:44,160 Speaker 8: domestic numbers expected to remain a challenge for the next 422 00:22:44,280 --> 00:22:47,280 Speaker 8: year or so. Personally, something I've experienced myself. I'm sure 423 00:22:47,320 --> 00:22:49,879 Speaker 8: many people are listening to have had flights canceled at 424 00:22:49,920 --> 00:22:52,399 Speaker 8: late notice. My last five flights down to Timroud to 425 00:22:52,480 --> 00:22:55,040 Speaker 8: visit my parents, three of which were canceled very late 426 00:22:55,119 --> 00:22:57,800 Speaker 8: notice by Air New Zealand. Not whether the fleet, the 427 00:22:57,840 --> 00:23:01,280 Speaker 8: planes they're getting old engine issues and New Zealand's coffers 428 00:23:01,320 --> 00:23:04,320 Speaker 8: aren't as fillsome. Domestic travelers bearing the brunt. 429 00:23:04,560 --> 00:23:07,120 Speaker 2: Yeah, including yourself. Hey, how's your weather? 430 00:23:07,200 --> 00:23:07,440 Speaker 4: Max? 431 00:23:08,200 --> 00:23:08,959 Speaker 9: What uh? 432 00:23:09,320 --> 00:23:12,159 Speaker 8: Some heavy rain today? Seventeen the high Central brilliant. 433 00:23:12,200 --> 00:23:14,359 Speaker 2: Thank you Nevers and Aukland never good morning, good morning, 434 00:23:14,760 --> 00:23:16,960 Speaker 2: very exciting we have a new hope. But very exciting 435 00:23:17,000 --> 00:23:19,720 Speaker 2: also that one Aucklander has won a succulent prize for 436 00:23:19,800 --> 00:23:21,600 Speaker 2: giving their views on Auckland's annual budget. 437 00:23:21,800 --> 00:23:24,720 Speaker 11: They have a succulent prize. You're quite right. So in 438 00:23:24,800 --> 00:23:27,359 Speaker 11: a YouTube video now, this was on his personal channel 439 00:23:27,680 --> 00:23:29,720 Speaker 11: Auckland Me and Wayne Brown said lots of people like 440 00:23:29,800 --> 00:23:32,399 Speaker 11: to complain, but not many were interested in submitting. So 441 00:23:32,640 --> 00:23:36,040 Speaker 11: Wayne Brown he promised the succulent Chinese meal to one 442 00:23:36,160 --> 00:23:38,840 Speaker 11: lucky person who gave their feedback. Now the prize it 443 00:23:38,960 --> 00:23:41,600 Speaker 11: references a viral video. This was of an Australian man 444 00:23:41,840 --> 00:23:44,560 Speaker 11: being arrested outside a Chinese restaurant in nineteen ninety one. 445 00:23:44,560 --> 00:23:46,920 Speaker 11: If you're thinking, why was it a succulent meal? So 446 00:23:47,119 --> 00:23:50,120 Speaker 11: the winner was randomly selected earlier this week they will 447 00:23:50,160 --> 00:23:52,480 Speaker 11: receive their prize shortly and it's a one hundred and 448 00:23:52,560 --> 00:23:55,639 Speaker 11: fifty dollarsoutcher. This is for a Cantonese restaurant in Kingsland. 449 00:23:55,680 --> 00:23:58,720 Speaker 11: It's quite well known in Kingsland. Well, it's been open 450 00:23:58,800 --> 00:24:01,560 Speaker 11: for like two or three decades in Auckland and loads 451 00:24:01,600 --> 00:24:04,159 Speaker 11: of media people, you know, it's been quite popular. I thought, oh, 452 00:24:04,280 --> 00:24:05,440 Speaker 11: what's that one? Pretty good? 453 00:24:05,640 --> 00:24:07,040 Speaker 2: Yeah, Wayne to have spent a bit of time there, 454 00:24:07,040 --> 00:24:10,040 Speaker 2: wouldn't they all? Oh, yeah, how's our weather today? 455 00:24:10,240 --> 00:24:13,680 Speaker 11: Ray rain, rain showers by afternoon twenty one's a high Brigham. 456 00:24:13,400 --> 00:24:19,560 Speaker 2: Thank you, Neva, Happy Friday. Everybody just walking out basically cheering. 457 00:24:19,800 --> 00:24:22,400 Speaker 2: She's as excited as they are at Saint Peter's Square 458 00:24:22,440 --> 00:24:24,960 Speaker 2: this morning because we've got a new pope, Leo the fourteenth. 459 00:24:25,280 --> 00:24:27,240 Speaker 2: You're on news talks here Be, just gone seventeen minutes 460 00:24:27,280 --> 00:24:29,600 Speaker 2: away from six. We will get to Vatican, to the 461 00:24:29,680 --> 00:24:33,560 Speaker 2: Vatican before six o'clock. We'll also talk about Luxon and 462 00:24:34,080 --> 00:24:36,360 Speaker 2: their capital spend, which has got to be a good thing, 463 00:24:36,640 --> 00:24:39,040 Speaker 2: doesn't it. News Talks here Be. It is fourteen minutes 464 00:24:39,040 --> 00:24:40,720 Speaker 2: away from six. So we've got a new pope. His 465 00:24:40,840 --> 00:24:43,440 Speaker 2: name is Leo the Well he's American and he's Leo 466 00:24:43,520 --> 00:24:46,800 Speaker 2: the fourteenth, apparently going to bridge the gap between the 467 00:24:46,920 --> 00:24:50,040 Speaker 2: Conservatives and the Church and those more progressive members that 468 00:24:50,119 --> 00:24:53,440 Speaker 2: have been pushing for change in the continuation of Francis's legacy. 469 00:24:54,200 --> 00:24:56,280 Speaker 2: Mark O'Connor is our man in the Vatican. We're going 470 00:24:56,320 --> 00:24:58,520 Speaker 2: to get to him in just a second. He's hung 471 00:24:58,600 --> 00:25:00,640 Speaker 2: out with this new Pope's mean a bit of time 472 00:25:00,680 --> 00:25:01,960 Speaker 2: with him, so we'll talk to him in a sect. 473 00:25:02,119 --> 00:25:05,040 Speaker 2: Just gone fourteen to two now. Now, the Prime Minister 474 00:25:05,119 --> 00:25:08,040 Speaker 2: yesterday you'll know this, announced an extra almost half billion 475 00:25:08,080 --> 00:25:10,880 Speaker 2: bucks in capital spending in the upcoming budget. The net 476 00:25:10,960 --> 00:25:13,920 Speaker 2: capital allowance is now four billion. That's up from three 477 00:25:13,960 --> 00:25:19,240 Speaker 2: point six billion that they signaled in the budget policy statement. Health, education, defense, transport. 478 00:25:19,320 --> 00:25:21,080 Speaker 2: Those will be the focuses for them. That'll be the 479 00:25:21,119 --> 00:25:24,320 Speaker 2: focus for them. Oliver Hartwich, New Zealand Initiative Executive Director, 480 00:25:24,359 --> 00:25:24,960 Speaker 2: with me this morning. 481 00:25:24,960 --> 00:25:27,160 Speaker 4: Oliver, A good morning, good morning. 482 00:25:27,320 --> 00:25:28,200 Speaker 2: What did you make of this? 483 00:25:30,240 --> 00:25:33,400 Speaker 4: Well, I think it's a relatively minor announcement because okay, 484 00:25:33,560 --> 00:25:36,920 Speaker 4: capital spending was up by ten or eleven, but really 485 00:25:37,000 --> 00:25:42,520 Speaker 4: we're only talking about less than five million dollars precisely 486 00:25:42,960 --> 00:25:45,359 Speaker 4: and then the grand scheme of things that's actually a 487 00:25:45,440 --> 00:25:46,479 Speaker 4: drop in the government's ortion. 488 00:25:47,560 --> 00:25:51,200 Speaker 2: You have advocated quite strongly for changing up our assets 489 00:25:51,240 --> 00:25:54,600 Speaker 2: and the ownership of our assets. This obviously does nothing 490 00:25:54,640 --> 00:25:56,639 Speaker 2: to deal with that. But what do you think we 491 00:25:56,680 --> 00:25:57,359 Speaker 2: should get rid of? 492 00:25:59,200 --> 00:26:01,040 Speaker 4: Well, I think i'll be We've got a few stay 493 00:26:01,080 --> 00:26:04,080 Speaker 4: owned companies, especially in energy for example, but also the 494 00:26:04,119 --> 00:26:07,200 Speaker 4: government owns a huge chunk of air New Zealand. That 495 00:26:07,359 --> 00:26:09,520 Speaker 4: is where you could start quite easily if you want 496 00:26:09,600 --> 00:26:12,840 Speaker 4: to sell state owned assets. But altogether we have a 497 00:26:13,240 --> 00:26:17,240 Speaker 4: huge state portfolio of assets that deserves a bigger discussion. 498 00:26:17,320 --> 00:26:19,720 Speaker 4: For example, kind of aura, how much should the government 499 00:26:19,760 --> 00:26:22,480 Speaker 4: be invested there? The question is actually what to do 500 00:26:22,640 --> 00:26:25,280 Speaker 4: with that, And we think one of the ways to 501 00:26:25,600 --> 00:26:27,800 Speaker 4: deal with state owned assets is actually to go into 502 00:26:27,840 --> 00:26:30,879 Speaker 4: a process of so called asset recycling where the government 503 00:26:31,240 --> 00:26:34,000 Speaker 4: sells some of the assets to have some more room 504 00:26:34,040 --> 00:26:37,200 Speaker 4: for a malouver when it comes to investing in new 505 00:26:37,760 --> 00:26:38,639 Speaker 4: state owned assets. 506 00:26:39,800 --> 00:26:41,960 Speaker 2: And just finally on the business front, were they're going 507 00:26:42,000 --> 00:26:45,600 Speaker 2: to keep the research and development tax incentive, there is 508 00:26:45,800 --> 00:26:49,240 Speaker 2: talk that potentially they will look at doing more incentives 509 00:26:49,280 --> 00:26:52,479 Speaker 2: for business to invest to buy you know, manufacturing particular 510 00:26:52,520 --> 00:26:54,960 Speaker 2: to buy new equipment. Do you think that's a good idea? 511 00:26:55,000 --> 00:26:56,200 Speaker 2: Do you think that's worthwhile? 512 00:26:57,440 --> 00:27:00,760 Speaker 4: Well, the way I read the attention of the I 513 00:27:00,880 --> 00:27:03,440 Speaker 4: and D text credit is actually that it provides some 514 00:27:03,520 --> 00:27:06,600 Speaker 4: certainty for businesses already investing under that scheme. I mean 515 00:27:06,640 --> 00:27:10,280 Speaker 4: that was introduced by Labor in twenty nineteen. To be clear, 516 00:27:10,400 --> 00:27:13,119 Speaker 4: Luxton didn't change it. He didn't extend the iron D credit. 517 00:27:13,200 --> 00:27:15,440 Speaker 4: He basically keeps it where it is. So I think 518 00:27:15,480 --> 00:27:16,679 Speaker 4: that's more pragmatic solution. 519 00:27:16,920 --> 00:27:19,359 Speaker 2: All right, Thanks you, Tom Oliver. I appreciate Oliver. Heartwatch 520 00:27:19,440 --> 00:27:22,200 Speaker 2: New Zealand Initiative executive director, just gone twelve away from 521 00:27:22,240 --> 00:27:26,320 Speaker 2: six Ryan Bridge. So, Mike O'Connor is the Australian Catholic journalist. 522 00:27:26,359 --> 00:27:28,359 Speaker 2: With us from the Vatican. We have a new Pope, 523 00:27:28,480 --> 00:27:31,760 Speaker 2: Leo the fourteenth. He is American, sixty nine years old, 524 00:27:31,800 --> 00:27:35,159 Speaker 2: born in Chicago, French Italian roots, thought to be a 525 00:27:35,200 --> 00:27:39,240 Speaker 2: bridge between the progressives and the conservatives. Mark joins us 526 00:27:39,280 --> 00:27:40,199 Speaker 2: now from the Vatican. 527 00:27:40,280 --> 00:27:44,600 Speaker 3: Marc, good morning, good morning, yes, or good evening here 528 00:27:44,800 --> 00:27:48,400 Speaker 3: almost good evening. Oh it's a great it's a great evening, 529 00:27:48,440 --> 00:27:53,080 Speaker 3: an amazing atmosphere and an amazing choice. I couldn't be happier. 530 00:27:53,240 --> 00:27:54,639 Speaker 3: I you know, I had an hour with him on 531 00:27:54,680 --> 00:27:59,320 Speaker 3: April or fifteens in Ntingham's, Australia, and probably that's not 532 00:27:59,320 --> 00:28:02,040 Speaker 3: gonna happen now. But you know, he's a man who 533 00:28:02,240 --> 00:28:05,720 Speaker 3: is rooted in being with ordinary people. He worked in 534 00:28:05,880 --> 00:28:09,040 Speaker 3: Peru as a priest for fifteen years and then as 535 00:28:09,080 --> 00:28:12,680 Speaker 3: a bishop in you know, amongst poor people. He's actually 536 00:28:12,760 --> 00:28:16,199 Speaker 3: also not only an American, he's also a Peruvian citizen. 537 00:28:16,640 --> 00:28:19,639 Speaker 3: He speaks perfect Spanish, speaks he's a linguist, and he 538 00:28:19,720 --> 00:28:22,920 Speaker 3: was also the Superior General of the Augustinian Fathers in 539 00:28:23,080 --> 00:28:25,760 Speaker 3: Rome for several years, so he's an international person. And 540 00:28:25,880 --> 00:28:27,840 Speaker 3: of course he speaks perfect Ittarian as as you might 541 00:28:27,840 --> 00:28:30,400 Speaker 3: have seen it on the balconies a few minutes ago. 542 00:28:30,800 --> 00:28:33,520 Speaker 3: So yeah, And the first words he said were peace, 543 00:28:34,040 --> 00:28:39,280 Speaker 3: peace in this world of Gaza and conflict and the 544 00:28:39,680 --> 00:28:43,040 Speaker 3: conflict that's this in Ukraine. And he's going to be 545 00:28:43,080 --> 00:28:46,120 Speaker 3: the peace. And he's taken the name Leah the thirteenth, 546 00:28:47,280 --> 00:28:50,400 Speaker 3: So Leah the fourteenth deliberately because Leah the thirteenth was 547 00:28:50,440 --> 00:28:53,120 Speaker 3: the great pope of social justice teaching in the church 548 00:28:53,600 --> 00:28:56,840 Speaker 3: and of reaching out to marginalized, the first great pope 549 00:28:57,000 --> 00:28:59,280 Speaker 3: who really took the side of the working class with 550 00:28:59,400 --> 00:29:02,680 Speaker 3: these great instiight, m nevaram. So yeah, I'm excited. I 551 00:29:02,720 --> 00:29:04,720 Speaker 3: think it's fantastic. Apart from the fact that, you know, 552 00:29:05,040 --> 00:29:07,160 Speaker 3: I had a lovely hour with him. He's a very charming, 553 00:29:07,360 --> 00:29:10,600 Speaker 3: quiet he's not, you know, the charismatic figure of Pope Francis. 554 00:29:10,640 --> 00:29:12,960 Speaker 3: You're never going to get another Pope Francis. He's quite unique, 555 00:29:13,160 --> 00:29:17,120 Speaker 3: but he's just lovely, warm, caring human being who tried, 556 00:29:17,160 --> 00:29:19,240 Speaker 3: who was going to try and build bridges, and he's 557 00:29:19,400 --> 00:29:21,920 Speaker 3: very much in the spirit of Pope Francis. They've certainly 558 00:29:22,000 --> 00:29:26,040 Speaker 3: gone for continuity of continuing the vision and the mission 559 00:29:26,080 --> 00:29:27,880 Speaker 3: of Pope Francis. We were a little bit worried, some 560 00:29:27,960 --> 00:29:30,360 Speaker 3: of us that you know, there were there were voices saying, 561 00:29:30,400 --> 00:29:34,720 Speaker 3: you know, let's go back to the past, that the 562 00:29:34,800 --> 00:29:37,960 Speaker 3: new Pope Leah of the fourteenth will take us with 563 00:29:38,120 --> 00:29:40,480 Speaker 3: great joy and hope into the future. And he's well 564 00:29:40,560 --> 00:29:43,760 Speaker 3: loved and well trusted also in the Roman Curia by 565 00:29:43,840 --> 00:29:47,080 Speaker 3: many many people. So yeah, I think it's you know, 566 00:29:47,200 --> 00:29:49,920 Speaker 3: I'm I have to say, I'm ecstatic, I think, and 567 00:29:50,040 --> 00:29:52,240 Speaker 3: what does it mean beyond my wildest dreams. 568 00:29:53,400 --> 00:29:55,120 Speaker 2: Mark, what does it mean? What does it mean the 569 00:29:55,160 --> 00:29:58,560 Speaker 2: fact it took it there's only four rounds quicker than Francis. 570 00:29:58,640 --> 00:30:01,400 Speaker 3: Well, it means, yeah, it means that they that they 571 00:30:01,440 --> 00:30:03,080 Speaker 3: came pretty quickly into the decision that he was the 572 00:30:03,160 --> 00:30:06,640 Speaker 3: right man. He was elected more quickly than than Cardinal 573 00:30:06,720 --> 00:30:11,760 Speaker 3: Ratzinger was elected, you know, Pope Benedict. You know, it 574 00:30:11,960 --> 00:30:13,960 Speaker 3: was very, very quick. We were all surprised. I was 575 00:30:14,000 --> 00:30:16,240 Speaker 3: in the Vatican Press office when when it happened, and 576 00:30:16,360 --> 00:30:18,840 Speaker 3: you know, and then there was this enormous roar at 577 00:30:18,880 --> 00:30:21,760 Speaker 3: the crowd, and then when his name came through that 578 00:30:21,960 --> 00:30:24,520 Speaker 3: you know that it was that it was Robert Prevost, 579 00:30:24,600 --> 00:30:27,680 Speaker 3: et cetera. I mean, like it's just extraordinary. I know 580 00:30:27,760 --> 00:30:30,200 Speaker 3: I'm sounding a little bit of a little bit emotional 581 00:30:30,240 --> 00:30:32,800 Speaker 3: of the moment, sorry, but like it's it is, you know, 582 00:30:32,960 --> 00:30:35,760 Speaker 3: something that those of us who really loved Pope Francis 583 00:30:35,840 --> 00:30:38,080 Speaker 3: were a bit worried that somebody might appear who might, 584 00:30:38,160 --> 00:30:39,880 Speaker 3: you know, sort of slow things down a bit. But 585 00:30:40,240 --> 00:30:44,720 Speaker 3: this guy, he's moderate, he's calm, he's you know, he's 586 00:30:45,000 --> 00:30:47,480 Speaker 3: a person of prayer, but he's also a person who's 587 00:30:47,560 --> 00:30:50,120 Speaker 3: quite determined, you know, to continue the vision of the 588 00:30:50,240 --> 00:30:53,480 Speaker 3: Church reforming itself and reaching out to the world and 589 00:30:53,520 --> 00:30:55,640 Speaker 3: to the poor and to the suffering. But you know, 590 00:30:55,720 --> 00:30:57,920 Speaker 3: it was sonignant and the very first words that he 591 00:30:58,000 --> 00:31:01,720 Speaker 3: said were peaces. He will, you know, in this world 592 00:31:01,800 --> 00:31:04,000 Speaker 3: at the moment, with your Gaza and your crame, we 593 00:31:04,200 --> 00:31:08,680 Speaker 3: desperately need peacemakers and he you know, you know, he's 594 00:31:08,720 --> 00:31:11,880 Speaker 3: going to be an ausentic, credible voice that will get 595 00:31:11,920 --> 00:31:14,680 Speaker 3: hope to many people. I think Mark really including a 596 00:31:14,720 --> 00:31:15,600 Speaker 3: lot of non Catholics. 597 00:31:15,800 --> 00:31:17,920 Speaker 2: I really appreciate your time, and there's nothing wrong with 598 00:31:18,000 --> 00:31:20,040 Speaker 2: been a little bit emotional. In fact, I think Pope 599 00:31:20,120 --> 00:31:23,320 Speaker 2: Leo was a little bit emotional standing on the balcony 600 00:31:23,400 --> 00:31:26,280 Speaker 2: of the Vatican earlier this morning. Thanks very much for 601 00:31:26,320 --> 00:31:29,040 Speaker 2: your time. That's Mark O'Connor, Australian Catholic journalists with us. 602 00:31:29,440 --> 00:31:32,080 Speaker 2: You're on News Talks HEB eight minutes away from six 603 00:31:32,200 --> 00:31:34,360 Speaker 2: on your Friday morning, and Mike is here with. 604 00:31:34,440 --> 00:31:38,360 Speaker 1: Us next news and Views you trust to start your day. 605 00:31:38,640 --> 00:31:42,400 Speaker 1: It's early editioned with Ryan Bridge and One Room, Make 606 00:31:42,480 --> 00:31:45,640 Speaker 1: your Property search Simple. News Talk ZIBB. 607 00:31:45,720 --> 00:31:48,640 Speaker 2: Five away from six. News TALKSB we've got a new Pope, 608 00:31:48,920 --> 00:31:51,920 Speaker 2: Leo the fourteenth. He's American, spent most of his life 609 00:31:52,000 --> 00:31:54,640 Speaker 2: in Peru, and Mike is with you next, he's in 610 00:31:54,680 --> 00:31:55,600 Speaker 2: the studio. Mike, good morning. 611 00:31:55,640 --> 00:31:57,800 Speaker 14: It's funny. It's a funny thing, isn't it, Because most 612 00:31:57,840 --> 00:32:00,200 Speaker 14: of the world, of course isn't Catholic, so therefore has 613 00:32:00,280 --> 00:32:03,760 Speaker 14: limited interest and you know nothing of this person, and 614 00:32:03,960 --> 00:32:06,440 Speaker 14: after today you will know nothing really more of him 615 00:32:06,520 --> 00:32:09,200 Speaker 14: unless he says something particularly controversial. 616 00:32:08,720 --> 00:32:10,640 Speaker 2: Which he probably will sounds like he won't. 617 00:32:10,680 --> 00:32:14,160 Speaker 14: And in thirty years perhaps he will die. 618 00:32:14,240 --> 00:32:15,760 Speaker 2: We'll do it all again, and we'll do it all again, 619 00:32:15,840 --> 00:32:18,280 Speaker 2: but at least you know. I mean, we've had what 620 00:32:18,400 --> 00:32:21,240 Speaker 2: twelve years of the last Pope of post Francis before 621 00:32:21,280 --> 00:32:23,560 Speaker 2: he passed away, So I mean, this guy's sixty nine, 622 00:32:23,960 --> 00:32:26,440 Speaker 2: as you say, should have a good innings. He'll go well. 623 00:32:26,960 --> 00:32:28,880 Speaker 14: But it's a fat I was saying to somebody earlier 624 00:32:28,920 --> 00:32:30,760 Speaker 14: on because they were getting excited about that. But it's 625 00:32:30,840 --> 00:32:33,520 Speaker 14: the genius of what the Roman Catholic Church did think 626 00:32:33,560 --> 00:32:36,760 Speaker 14: about the chimney, right. So if you had got, just 627 00:32:36,920 --> 00:32:39,560 Speaker 14: in the modern era, a press release, would you have 628 00:32:39,640 --> 00:32:41,880 Speaker 14: jumped up and down in the newsroom and gone, oh. 629 00:32:42,520 --> 00:32:45,680 Speaker 2: Like people that because the genius a smoke. It's the 630 00:32:45,800 --> 00:32:48,239 Speaker 2: smoke they used to use straw apparently, and now it's 631 00:32:48,280 --> 00:32:50,600 Speaker 2: all chemicals. Yeah, exactly, So if this guy talks about 632 00:32:50,680 --> 00:32:52,880 Speaker 2: climate change, I'll be laughing all the way to them. 633 00:32:53,200 --> 00:32:55,240 Speaker 14: You know, Well, there's a certain irony and that is yeah, 634 00:32:55,400 --> 00:32:58,120 Speaker 14: but I mean short of this, and that's one of 635 00:32:58,160 --> 00:33:00,720 Speaker 14: those stories where there's literally nothing to say once you've 636 00:33:00,720 --> 00:33:02,040 Speaker 14: got his name, his age. 637 00:33:02,960 --> 00:33:09,440 Speaker 2: Clearly the Peru scoop. So he's been well, what's left. Well, 638 00:33:09,480 --> 00:33:12,040 Speaker 2: we spoke to a guy who spent an hour with 639 00:33:12,160 --> 00:33:13,520 Speaker 2: him this we had him on. 640 00:33:13,600 --> 00:33:17,360 Speaker 14: The other guy is a very nice guy, very enthusiastic. 641 00:33:17,440 --> 00:33:20,040 Speaker 14: But that's what I'm saying. Guys like him live for this. 642 00:33:20,600 --> 00:33:22,520 Speaker 14: The rest of us are going. I mean, you know, 643 00:33:22,680 --> 00:33:24,760 Speaker 14: you and I when we get together, I'm coming around 644 00:33:24,760 --> 00:33:26,239 Speaker 14: to your place tonight for a drink. We're not going 645 00:33:26,320 --> 00:33:27,200 Speaker 14: to talk about this, aren't we. 646 00:33:27,720 --> 00:33:29,720 Speaker 2: Well, we talk about the trade deal between the US 647 00:33:29,760 --> 00:33:30,120 Speaker 2: and the UK. 648 00:33:30,200 --> 00:33:32,120 Speaker 14: We'll talk a little bit about that, and we'll talk 649 00:33:32,200 --> 00:33:34,560 Speaker 14: a little bit about the rugby because Mike Robinson's on 650 00:33:34,720 --> 00:33:37,880 Speaker 14: this morning, and they make more money good, but they 651 00:33:38,000 --> 00:33:38,800 Speaker 14: still lose. 652 00:33:38,880 --> 00:33:42,040 Speaker 2: Get rid of some teams and pay the players less easy. 653 00:33:42,560 --> 00:33:44,640 Speaker 14: Okay, have a good see you tonight, see you to. 654 00:33:44,720 --> 00:33:47,080 Speaker 2: Night, mate, have a great one. Everyone's see on Monday. 655 00:33:49,640 --> 00:33:52,600 Speaker 1: For more from Early Edition with Ryan Bridge, listen live 656 00:33:52,760 --> 00:33:55,720 Speaker 1: to News Talks it'd be from five am weekdays, or 657 00:33:55,800 --> 00:33:57,680 Speaker 1: follow the podcast on iHeartRadio