1 00:00:01,800 --> 00:00:08,640 Speaker 1: The issues, the interviews and the inside. Ryan Bridge new 2 00:00:08,680 --> 00:00:12,080 Speaker 1: for twenty twenty four on the early edition with Smith City, 3 00:00:12,160 --> 00:00:15,280 Speaker 1: New Zealand's furniture bands and a play at store News Talks. 4 00:00:15,320 --> 00:00:18,560 Speaker 2: It'd be good morning. It is six half to five. 5 00:00:18,640 --> 00:00:21,640 Speaker 2: Welcome to the show. The Police Association just before six. 6 00:00:22,120 --> 00:00:24,880 Speaker 2: They've made a big win. The police have taking assets 7 00:00:24,920 --> 00:00:28,480 Speaker 2: off gangs. But it's taken them ten years to get there. 8 00:00:28,680 --> 00:00:31,960 Speaker 2: Why We'll ask the Police Association President Chris Carhill. Gavin 9 00:00:31,960 --> 00:00:35,559 Speaker 2: Gray's in the UK, Heir Starmer is buttering them up 10 00:00:35,600 --> 00:00:39,360 Speaker 2: for tax increases over there was about to say tax cuts. 11 00:00:39,640 --> 00:00:43,200 Speaker 2: Certainly not the way he's talking overnight. We'll play some audio. 12 00:00:43,240 --> 00:00:46,960 Speaker 2: Two seven percent house price increases here in New Zealand 13 00:00:46,960 --> 00:00:49,440 Speaker 2: next year, sound pretty good. Brad Olsen away in on that. 14 00:00:49,800 --> 00:00:54,200 Speaker 2: Plus forget gas can slash save our energy crisis. 15 00:00:55,280 --> 00:00:56,279 Speaker 1: The agenda. 16 00:00:56,440 --> 00:00:59,400 Speaker 2: It is Wednesday, the twenty eighth of August. Israel has 17 00:00:59,520 --> 00:01:02,520 Speaker 2: rescued hostage from Hamas it was captured nearly a year 18 00:01:02,600 --> 00:01:05,160 Speaker 2: ago on October seventh. On the goodness it has nearly 19 00:01:05,160 --> 00:01:08,160 Speaker 2: been a year. The IDF say they conducted an operation 20 00:01:08,319 --> 00:01:11,360 Speaker 2: in tunnels in southern Gaza to rescue fifty two. The 21 00:01:11,480 --> 00:01:16,280 Speaker 2: fifty two year old Kiyad parign Al Khadi four operations 22 00:01:16,319 --> 00:01:19,760 Speaker 2: by Israel have seen eight hostages rescued alive since the 23 00:01:19,760 --> 00:01:20,520 Speaker 2: start of the war. 24 00:01:21,040 --> 00:01:25,319 Speaker 3: This will be the first hostage rescued from those tunnels, 25 00:01:25,360 --> 00:01:30,240 Speaker 3: and that's significant because that is extremely dangerous territory to 26 00:01:30,280 --> 00:01:33,440 Speaker 3: operate in Gaza, Ukraine. 27 00:01:33,440 --> 00:01:36,679 Speaker 2: This is week three of its incursion into Russia, and 28 00:01:36,760 --> 00:01:40,000 Speaker 2: Ukraine says it now controls more than one hundred Russian 29 00:01:40,000 --> 00:01:43,960 Speaker 2: settlements and twelve hundred square kilometers of Russian territory. The 30 00:01:44,040 --> 00:01:46,680 Speaker 2: Russians have hit back hard. Four people have died, and 31 00:01:46,800 --> 00:01:49,320 Speaker 2: new strikes in Ukraine just a day after one of 32 00:01:49,360 --> 00:01:51,280 Speaker 2: their biggest attacks since the start of the war, the 33 00:01:51,320 --> 00:01:54,440 Speaker 2: one we told you about yesterday. Meanwhile, the United States 34 00:01:54,480 --> 00:01:57,120 Speaker 2: has imposed at new sanctions on more than four hundred 35 00:01:57,240 --> 00:02:00,520 Speaker 2: entities and people for supporting Russia's war, including the working 36 00:02:00,520 --> 00:02:03,840 Speaker 2: on what is set to become Russia's largest ALIENNG plant. 37 00:02:05,480 --> 00:02:06,840 Speaker 2: Let's hope we don't use theirs. 38 00:02:07,080 --> 00:02:07,240 Speaker 1: Then. 39 00:02:07,280 --> 00:02:10,320 Speaker 2: Back to New Zealand, construction costs are stabilizing. The latest 40 00:02:10,360 --> 00:02:14,560 Speaker 2: QV Cost Builders update says the average construction costs for 41 00:02:14,720 --> 00:02:18,519 Speaker 2: residential buildings have increased five point three percent this quarter. 42 00:02:18,800 --> 00:02:21,600 Speaker 2: That is the third in a row. For non residential 43 00:02:21,639 --> 00:02:24,359 Speaker 2: it's up point two down slightly from the last two quarters. 44 00:02:24,400 --> 00:02:26,000 Speaker 2: Spokesperson Simon Peterson. 45 00:02:26,240 --> 00:02:29,160 Speaker 4: It means that when they are putting their best prices forward, 46 00:02:29,200 --> 00:02:32,720 Speaker 4: they can feel confident the estimated costs will line up 47 00:02:32,720 --> 00:02:35,080 Speaker 4: with the actualized cost at the end of it. 48 00:02:36,760 --> 00:02:41,120 Speaker 1: On your radio and online on iHeartRadio early edition with 49 00:02:41,360 --> 00:02:44,720 Speaker 1: Ryan Bridge and Smith City, New Zealand's Furniture Beds and 50 00:02:44,760 --> 00:02:45,560 Speaker 1: a playing Store. 51 00:02:45,720 --> 00:02:48,600 Speaker 2: News Talk said, be just got nine minutes after five. 52 00:02:48,639 --> 00:02:51,000 Speaker 2: News Talk said, be listening to Neva and the news 53 00:02:51,040 --> 00:02:55,480 Speaker 2: there talking about this this prisoners of high risk in Auckland. 54 00:02:55,600 --> 00:02:58,320 Speaker 2: This unit of basically the worst of the worst. It's 55 00:02:58,360 --> 00:03:03,040 Speaker 2: either terrorism or its trans national organized crime. And they're saying, 56 00:03:03,560 --> 00:03:06,640 Speaker 2: this is from the news. The men spent most of 57 00:03:06,680 --> 00:03:09,880 Speaker 2: the time alone in their prison cell. I'm like, yeah, 58 00:03:10,040 --> 00:03:13,959 Speaker 2: welcome to prison. You know, isn't that what prison is 59 00:03:13,960 --> 00:03:16,360 Speaker 2: supposed to be? Like you sit in a cell and 60 00:03:16,400 --> 00:03:18,720 Speaker 2: think about what you've done because you've been a bad person, 61 00:03:19,639 --> 00:03:21,200 Speaker 2: and then you have a look at what they are 62 00:03:21,200 --> 00:03:23,839 Speaker 2: recommending because there's been an inspectorate gone and what they're 63 00:03:23,880 --> 00:03:27,120 Speaker 2: recommending we should be providing additional training for staff who 64 00:03:27,160 --> 00:03:30,040 Speaker 2: are working in this high risk area. We should increase 65 00:03:30,080 --> 00:03:35,720 Speaker 2: the range of rehabilitative, constructive, and cultural activities that have 66 00:03:35,800 --> 00:03:39,920 Speaker 2: been offered to prisoners. There should be increased contact with family. 67 00:03:40,240 --> 00:03:43,760 Speaker 2: And your instinct is to go bugger off. You know, 68 00:03:44,840 --> 00:03:47,400 Speaker 2: why do they need cultural activities? They've just you know, 69 00:03:47,520 --> 00:03:52,280 Speaker 2: murdered ten people. Why do I care? The only caveat 70 00:03:52,320 --> 00:03:55,160 Speaker 2: I have with this is when people go to prison, 71 00:03:55,200 --> 00:03:57,040 Speaker 2: if they are going to be released one day, we 72 00:03:57,160 --> 00:03:59,360 Speaker 2: need to rehabilitate them. We need to give them some 73 00:03:59,400 --> 00:04:01,920 Speaker 2: form of human contact. Otherwise they're going to come out 74 00:04:01,920 --> 00:04:04,320 Speaker 2: at the other end even worse than when they went in. 75 00:04:04,880 --> 00:04:08,560 Speaker 2: I guess the question for this unit is, are these people, 76 00:04:08,840 --> 00:04:13,680 Speaker 2: these so called terrorists and transnational criminals, ever going to 77 00:04:13,720 --> 00:04:17,920 Speaker 2: get out? Ryan Bridge, it is very hard to say sorry, 78 00:04:17,960 --> 00:04:28,680 Speaker 2: as Justin Bieber will attest it. But Mark Suckerberg is 79 00:04:28,720 --> 00:04:32,080 Speaker 2: doing just that. So this is while Biden was in 80 00:04:32,120 --> 00:04:33,800 Speaker 2: the White Well. He's still in the White House, but 81 00:04:33,920 --> 00:04:38,920 Speaker 2: this is during COVID, while Biden was in power. Mark Zuckerberg, 82 00:04:38,960 --> 00:04:41,760 Speaker 2: owner of Facebook and Meta, has come out and said 83 00:04:42,200 --> 00:04:49,480 Speaker 2: the Biden administration censored COVID content including humor and satire 84 00:04:50,600 --> 00:04:54,280 Speaker 2: on Facebook during during the lockdowns and all that kind 85 00:04:54,279 --> 00:04:58,159 Speaker 2: of stuff, humor and satire. They specifically requested it be 86 00:04:58,240 --> 00:05:02,240 Speaker 2: taken down, and you know what Suckerburg did. He followed 87 00:05:02,480 --> 00:05:06,000 Speaker 2: their lead and took it down. He says he regrets 88 00:05:06,040 --> 00:05:09,880 Speaker 2: doing this, He's sorry that he did this, and basically 89 00:05:09,920 --> 00:05:13,279 Speaker 2: he needed bigger bulls to stand up to the White 90 00:05:13,320 --> 00:05:15,680 Speaker 2: House to stand up. He's just bent over and taken 91 00:05:15,680 --> 00:05:19,560 Speaker 2: it from the Oval Office. The reason this grinds my 92 00:05:19,680 --> 00:05:22,680 Speaker 2: gears is because humor and satire is how we as 93 00:05:22,760 --> 00:05:28,799 Speaker 2: human beings release express, you know, relieve our feelings, our anxieties, 94 00:05:29,560 --> 00:05:32,440 Speaker 2: and god, I hope we never ever get back to 95 00:05:32,520 --> 00:05:39,080 Speaker 2: that nineteen eighty four one pm pressory, you know, COVID 96 00:05:39,200 --> 00:05:44,000 Speaker 2: lockdown situation again, because even now I can feel myself 97 00:05:44,800 --> 00:05:50,480 Speaker 2: writhing in pain. Anyway, so he has said sorry, which 98 00:05:50,520 --> 00:05:53,240 Speaker 2: I guess is better and at least he's acknowledged it. 99 00:05:53,360 --> 00:05:54,440 Speaker 2: Twelve after five. 100 00:05:57,240 --> 00:06:01,039 Speaker 1: Ryan Bridge Knew for twenty twenty four on early edition 101 00:06:01,279 --> 00:06:04,640 Speaker 1: with Smith City, New Zealand's furniture beds and a playing store. 102 00:06:04,800 --> 00:06:07,960 Speaker 2: News Talk said, be good morning. It is fourteen after five. 103 00:06:08,000 --> 00:06:10,680 Speaker 2: News Talk said, be good morning, Ryan, says Jesse, do 104 00:06:10,760 --> 00:06:13,640 Speaker 2: these human rights people who are visiting and reporting on 105 00:06:13,680 --> 00:06:17,159 Speaker 2: our prisons also visit the ones in China, Pakistan, Iran 106 00:06:17,200 --> 00:06:20,960 Speaker 2: and Russia? I highly doubt it. I highly doubt it, Jesse. 107 00:06:21,920 --> 00:06:25,400 Speaker 2: Ryan prisoners are there for a reason. No, they should 108 00:06:25,400 --> 00:06:28,479 Speaker 2: not have any privileges. Feed them bread and water. I say, 109 00:06:28,600 --> 00:06:31,440 Speaker 2: why don't they give their victims and their families privileges 110 00:06:32,000 --> 00:06:33,200 Speaker 2: if they are still alive? 111 00:06:33,279 --> 00:06:33,680 Speaker 4: That is? 112 00:06:34,279 --> 00:06:36,159 Speaker 2: I agree with you. I hear what you're saying. But 113 00:06:36,320 --> 00:06:38,320 Speaker 2: if we are going to if people are going to 114 00:06:38,320 --> 00:06:41,440 Speaker 2: be released back into society, don't we want them to 115 00:06:41,480 --> 00:06:44,880 Speaker 2: be to have some form of human contact while they're 116 00:06:44,920 --> 00:06:47,120 Speaker 2: in there, Otherwise they'll come out more rabid than when 117 00:06:47,120 --> 00:06:50,680 Speaker 2: they went in. Nine two niney two is the numbered text. 118 00:06:50,760 --> 00:06:55,080 Speaker 2: Quarter past five, Ryan Bridge. The energy crisis. We've been 119 00:06:55,120 --> 00:06:57,279 Speaker 2: talking about it all week. We've got gaps to fill 120 00:06:57,320 --> 00:06:59,400 Speaker 2: when the sun don't shine, when the wind don't blow, 121 00:06:59,440 --> 00:07:01,719 Speaker 2: when the rain don't fall, And a lot of people 122 00:07:01,800 --> 00:07:06,080 Speaker 2: are saying, you know, gas alng what about bio energy 123 00:07:06,680 --> 00:07:10,160 Speaker 2: could slash the stuff that you know comes from the forestry. 124 00:07:10,760 --> 00:07:12,600 Speaker 2: One of our guests mentioned this yesterday. We wanted to 125 00:07:12,600 --> 00:07:15,680 Speaker 2: take a closer look at it. Solid biofuels are burned 126 00:07:15,720 --> 00:07:19,080 Speaker 2: to create heat and electricity generation as a cheaper alternative 127 00:07:19,080 --> 00:07:24,040 Speaker 2: to gas. Companies like Fonterra are actually already using this technology. 128 00:07:24,160 --> 00:07:26,280 Speaker 2: So how could we do it here and what would 129 00:07:26,320 --> 00:07:29,040 Speaker 2: it cost? Rob Mallinson is the head of Solid bio 130 00:07:29,160 --> 00:07:33,040 Speaker 2: Energy Group, is with me this morning. Hey Robe, Hey good, 131 00:07:33,040 --> 00:07:37,680 Speaker 2: thank you tell me. The one thing I hear about 132 00:07:38,160 --> 00:07:41,400 Speaker 2: slash in particular is by the time you go up 133 00:07:41,440 --> 00:07:44,760 Speaker 2: into the wat wops and find the slash and then 134 00:07:44,840 --> 00:07:46,600 Speaker 2: manually get it out and then put it in a 135 00:07:46,640 --> 00:07:49,240 Speaker 2: truck and take it to some facility to have it, 136 00:07:49,240 --> 00:07:52,120 Speaker 2: it's very time consuming. What do you think? What do 137 00:07:52,160 --> 00:07:52,600 Speaker 2: you say to that? 138 00:07:53,360 --> 00:07:55,480 Speaker 4: Yeah, you know that certainly, particularly I guess in the 139 00:07:55,480 --> 00:07:58,160 Speaker 4: Gisbin region because it's so remote. But the penty prayer 140 00:07:58,240 --> 00:08:01,400 Speaker 4: is already recovering it around instance, in the Nelson region 141 00:08:01,680 --> 00:08:03,840 Speaker 4: then debris, so it's of course it's the course, that's right, 142 00:08:03,920 --> 00:08:06,040 Speaker 4: You're right, it's hard to get it out of some places. 143 00:08:06,440 --> 00:08:08,600 Speaker 4: I want to all the attention to its twenty million 144 00:08:08,640 --> 00:08:12,040 Speaker 4: tons of logs that we export annually, twenty million tons 145 00:08:12,080 --> 00:08:14,880 Speaker 4: a year, the forestings to producer and ships eighty to 146 00:08:14,960 --> 00:08:17,720 Speaker 4: ninety percent of that goes to China, pretty low value. 147 00:08:17,920 --> 00:08:21,520 Speaker 4: And we're talking about an energy shortage, a shortage of fuel, 148 00:08:21,880 --> 00:08:23,760 Speaker 4: and we've got one hundred and fifty petta duels of 149 00:08:23,800 --> 00:08:26,400 Speaker 4: logs that were exporting every year. That's equivalent to Maui 150 00:08:26,480 --> 00:08:29,560 Speaker 4: at its peak, and it's renewable and it's half the 151 00:08:29,600 --> 00:08:33,559 Speaker 4: coast of Lerg. So we need it's to be a 152 00:08:33,559 --> 00:08:35,439 Speaker 4: part of the solution. I'm not saying it's a silver bullet, 153 00:08:35,480 --> 00:08:38,040 Speaker 4: but there's a huge potential part of the solution, particularly 154 00:08:38,080 --> 00:08:40,800 Speaker 4: for North Island industry who's taking a massive hit at 155 00:08:40,840 --> 00:08:42,960 Speaker 4: the moment and now they're sitting around waiting for an 156 00:08:43,040 --> 00:08:45,320 Speaker 4: LERG terminal that may or may not happen. You know what, 157 00:08:45,480 --> 00:08:47,920 Speaker 4: prime will be over thirty dollars a giggatril. 158 00:08:48,200 --> 00:08:50,240 Speaker 2: So just burn the lungs, don't sell them to China. 159 00:08:51,480 --> 00:08:53,800 Speaker 4: Potentially that's an option. Yeah, we could use the residues 160 00:08:53,800 --> 00:08:55,920 Speaker 4: of first, of course, but then we've got one hundred 161 00:08:55,920 --> 00:08:57,880 Speaker 4: and fifty pea jewels of logs. There's one hundred and 162 00:08:57,880 --> 00:09:00,840 Speaker 4: fifty million giga jewels the more fine and industry uses 163 00:09:00,880 --> 00:09:03,560 Speaker 4: twenty five million gigadeals to put into contact. So we 164 00:09:03,679 --> 00:09:07,200 Speaker 4: just need twenty percent of the export logs below its value, 165 00:09:07,240 --> 00:09:09,880 Speaker 4: export logs which are probably going to drop off, if anywhere, 166 00:09:09,880 --> 00:09:11,640 Speaker 4: in terms of job the demand in China with their 167 00:09:11,679 --> 00:09:14,600 Speaker 4: declining population and construction industry. So we need to be 168 00:09:14,640 --> 00:09:16,280 Speaker 4: finding a home for this and we need a policy 169 00:09:16,280 --> 00:09:17,240 Speaker 4: that encourages that home. 170 00:09:17,640 --> 00:09:21,480 Speaker 2: We are we, then, you know, again, kneecapping one industry 171 00:09:21,520 --> 00:09:24,400 Speaker 2: to try and prop up our energy sector, aren't we? 172 00:09:24,760 --> 00:09:26,440 Speaker 2: I mean, which is what is happening right now with 173 00:09:26,480 --> 00:09:29,199 Speaker 2: mythnics et cetera. But are we not just doing more 174 00:09:29,200 --> 00:09:32,400 Speaker 2: of the same as opposed to actually adding to the 175 00:09:32,440 --> 00:09:34,040 Speaker 2: productive capacity of the country. 176 00:09:34,640 --> 00:09:37,080 Speaker 4: Yeah, if we put in an LNG terminal, if those 177 00:09:37,080 --> 00:09:39,680 Speaker 4: twenty five million giga duels as Northie ended industry demand 178 00:09:39,760 --> 00:09:42,920 Speaker 4: is met through LNG eight hundred million dollars a year, 179 00:09:43,000 --> 00:09:46,240 Speaker 4: roughly we'll flow off shore versus paying four hundred million 180 00:09:46,280 --> 00:09:48,880 Speaker 4: dollars to the log industry, to the forest industry keep 181 00:09:48,920 --> 00:09:50,880 Speaker 4: it on shore. It makes no sense to be putting 182 00:09:50,880 --> 00:09:52,720 Speaker 4: an l It makes no sense to be locking in 183 00:09:52,720 --> 00:09:54,560 Speaker 4: a fossil fuel when we've got one hundred and fifty 184 00:09:54,559 --> 00:09:57,920 Speaker 4: petta duals of renewal energy available locally every year it's 185 00:09:57,960 --> 00:10:01,280 Speaker 4: not a declining resource, it's a sustainable and all our 186 00:10:01,360 --> 00:10:04,559 Speaker 4: North Oldon industries, under pressure from their cluster clients, will 187 00:10:04,600 --> 00:10:07,600 Speaker 4: be decarbonized. But this can take all those boxes. 188 00:10:08,000 --> 00:10:10,800 Speaker 2: Rob, you're the head of the Solid bio Energy Group. 189 00:10:10,880 --> 00:10:11,280 Speaker 2: What is that. 190 00:10:12,640 --> 00:10:15,480 Speaker 4: It's a subset of the bio Energy Association of New Zealands. 191 00:10:15,520 --> 00:10:18,120 Speaker 4: So I just represented a bunch of people who who 192 00:10:18,160 --> 00:10:21,880 Speaker 4: want to see this this progress. People and industry. We're 193 00:10:21,880 --> 00:10:24,880 Speaker 4: a well established industry. All their sawmills and poland off 194 00:10:24,920 --> 00:10:27,320 Speaker 4: they all use this technology, this good or combustion of 195 00:10:27,320 --> 00:10:31,280 Speaker 4: biomass in wood boilers to make ute or steam. So 196 00:10:31,280 --> 00:10:35,040 Speaker 4: it's perfectly suited to meeting those heat requirements of North 197 00:10:35,080 --> 00:10:38,520 Speaker 4: Island industry and South Island industry. And we've already adopted 198 00:10:38,559 --> 00:10:40,840 Speaker 4: about five pepper duals in the last few years according 199 00:10:40,840 --> 00:10:44,400 Speaker 4: to ECO, the governmental authority. So it's happening. We just 200 00:10:44,400 --> 00:10:47,080 Speaker 4: need to happen faster. The industry is very capable. There's 201 00:10:47,160 --> 00:10:50,360 Speaker 4: twenty different boiler suppliers available in New Zealand or boiler 202 00:10:50,920 --> 00:10:56,600 Speaker 4: tech types right, so it's a mature industry that has 203 00:10:56,720 --> 00:10:57,920 Speaker 4: potential to grow even further. 204 00:10:58,440 --> 00:11:00,000 Speaker 2: All right, Well, I would love to hear from people 205 00:11:00,160 --> 00:11:04,680 Speaker 2: out there who are in this industry, whether it's a 206 00:11:04,760 --> 00:11:07,400 Speaker 2: viable alternative that we should be looking at more. Rob, 207 00:11:07,440 --> 00:11:09,319 Speaker 2: thank you very much for your time. That's Rob Mallinson. 208 00:11:09,360 --> 00:11:11,600 Speaker 2: He's the head of the Solid bio Energy Group. Says 209 00:11:11,960 --> 00:11:16,079 Speaker 2: we're exporting a whole bunch of logs to China and 210 00:11:16,120 --> 00:11:18,240 Speaker 2: we would only need to use twenty five percent of 211 00:11:18,280 --> 00:11:21,080 Speaker 2: our export logs to try and fill the energy gaps 212 00:11:21,080 --> 00:11:23,000 Speaker 2: that we've got. News A good idea, bad idea. I 213 00:11:23,000 --> 00:11:25,439 Speaker 2: would love your feedback. Nine two nine two is the 214 00:11:25,520 --> 00:11:27,920 Speaker 2: number nineteen after five the news. 215 00:11:27,600 --> 00:11:30,559 Speaker 1: You need this morning and the in depth analysis early 216 00:11:30,679 --> 00:11:34,480 Speaker 1: edition with Ryan Bridge and Smith City New Zealand's furniture 217 00:11:34,520 --> 00:11:35,760 Speaker 1: beds and a playing store. 218 00:11:35,960 --> 00:11:38,839 Speaker 2: News Talk said B good to see old Chippy showed 219 00:11:38,880 --> 00:11:42,479 Speaker 2: up somewhere. We tried to get him on our show yesterday. NAT. 220 00:11:42,559 --> 00:11:47,640 Speaker 2: Same with Megan Woods running and hiding and right at 221 00:11:47,640 --> 00:11:50,200 Speaker 2: the moment when the government's making moves on energy anyway, 222 00:11:50,280 --> 00:11:52,360 Speaker 2: I digress. Twenty two minutes after five on News Talk 223 00:11:52,400 --> 00:11:54,880 Speaker 2: said B. B and Zed are still bullish about house 224 00:11:54,920 --> 00:11:58,000 Speaker 2: prices rising in twenty twenty five. This is because mortgage 225 00:11:58,040 --> 00:12:00,559 Speaker 2: rates are starting to ease. Thank you. Adrian Or at 226 00:12:00,600 --> 00:12:03,640 Speaker 2: long last, the bank is sticking with their prediction of 227 00:12:03,679 --> 00:12:07,240 Speaker 2: a seven percent increase across the year following a flat 228 00:12:07,280 --> 00:12:11,720 Speaker 2: twenty twenty four. Brad Olson Informetric CEO Principal Economists with us, Hey, Brad, 229 00:12:12,480 --> 00:12:16,600 Speaker 2: good morning, Good morning. So seven percent, what do you reckon? 230 00:12:18,200 --> 00:12:19,640 Speaker 5: It was probably a little bit higher than what we're 231 00:12:19,679 --> 00:12:22,120 Speaker 5: thinking at the moment, But there's just so much uncertainty 232 00:12:22,200 --> 00:12:25,560 Speaker 5: out there around how the housing market responds to what 233 00:12:25,679 --> 00:12:28,360 Speaker 5: is quite a lot of different factors that are all 234 00:12:28,400 --> 00:12:32,240 Speaker 5: moving through the system. Now. Benz's looking at the latest figures, 235 00:12:32,240 --> 00:12:34,880 Speaker 5: but also at the path forward for interest rates and 236 00:12:34,960 --> 00:12:37,840 Speaker 5: similar and saying, well, you know, funnily enough, when interest 237 00:12:37,920 --> 00:12:40,319 Speaker 5: rates come down, once you get some of the other 238 00:12:40,360 --> 00:12:43,320 Speaker 5: parts of the economic system that work their way out, 239 00:12:43,640 --> 00:12:45,840 Speaker 5: then you'll start to see a bit more growth because 240 00:12:45,840 --> 00:12:47,920 Speaker 5: all of a sudden you will have more people in 241 00:12:48,000 --> 00:12:50,840 Speaker 5: the economy who are able to try and get houses 242 00:12:51,360 --> 00:12:53,520 Speaker 5: that will stimulate that level of demand, and all of 243 00:12:53,559 --> 00:12:55,240 Speaker 5: a sudden you'll start to push up prices. So I 244 00:12:55,240 --> 00:12:58,240 Speaker 5: can absolutely buy that story. I think there's also a 245 00:12:58,240 --> 00:13:00,920 Speaker 5: lot of other factors that we have to work through. First, 246 00:13:01,200 --> 00:13:03,760 Speaker 5: the fact that we've got for example, the highest number 247 00:13:03,800 --> 00:13:07,320 Speaker 5: of houses available for sale since about twenty fifteen, and 248 00:13:07,480 --> 00:13:10,080 Speaker 5: you know, on some figures, I think nearly six months 249 00:13:10,480 --> 00:13:12,760 Speaker 5: of stock at the moment suggests that we've got a 250 00:13:12,840 --> 00:13:15,280 Speaker 5: little bit to get through twenty twenty four before we 251 00:13:15,360 --> 00:13:17,960 Speaker 5: get too close to our understanding twenty twenty five. So 252 00:13:18,320 --> 00:13:21,040 Speaker 5: everyone's got a forecast, but even be and Z said that, 253 00:13:21,160 --> 00:13:23,800 Speaker 5: you know, everything is quite uncertain at the moment because 254 00:13:23,800 --> 00:13:26,480 Speaker 5: there are just so many moving parts in the economy. 255 00:13:26,160 --> 00:13:29,240 Speaker 2: And presumably it's going to be different strokes for different 256 00:13:29,240 --> 00:13:31,959 Speaker 2: folks in different regions, right, because if you are starting 257 00:13:32,000 --> 00:13:35,920 Speaker 2: from a relatively low average price, you're more likely to 258 00:13:35,920 --> 00:13:39,640 Speaker 2: see an increase as opposed to your major centers where 259 00:13:39,640 --> 00:13:42,920 Speaker 2: the prices are already pretty high. Maybe they're the demand 260 00:13:42,960 --> 00:13:45,360 Speaker 2: for those or the ability for people to service those 261 00:13:45,400 --> 00:13:48,000 Speaker 2: mortgages may not be as high. 262 00:13:48,080 --> 00:13:50,800 Speaker 5: Yes, absolutely, but also how the labor market is moving 263 00:13:50,880 --> 00:13:53,960 Speaker 5: in different regions, Because if you've got areas across the 264 00:13:53,960 --> 00:13:56,960 Speaker 5: country who are seeing either higher unemployment rates or again 265 00:13:57,080 --> 00:14:00,720 Speaker 5: just lower employment growth, then you know you've got to 266 00:14:00,720 --> 00:14:02,200 Speaker 5: have money. You've got to have an income to be 267 00:14:02,200 --> 00:14:04,440 Speaker 5: able to afford a mortgagey payment, and if you haven't 268 00:14:04,480 --> 00:14:07,000 Speaker 5: got that then, that we're sort of added on starter. 269 00:14:07,480 --> 00:14:10,559 Speaker 5: So you could argue and see, for example, that Wellington 270 00:14:11,080 --> 00:14:14,240 Speaker 5: might remain a bit more subdued for longer because there 271 00:14:14,280 --> 00:14:16,719 Speaker 5: are fewer jobs that are coming through. You're seeing those 272 00:14:16,760 --> 00:14:20,320 Speaker 5: public sector cut backs, you're seeing the private sector who's 273 00:14:20,360 --> 00:14:23,480 Speaker 5: not getting as much government money either. That's all reducing 274 00:14:23,560 --> 00:14:26,720 Speaker 5: job activity in the Wellington region. So there is a 275 00:14:26,720 --> 00:14:28,880 Speaker 5: whole lot of moves there. One thing that I don't 276 00:14:28,880 --> 00:14:32,000 Speaker 5: think we've fully understood yet in the housing market, and 277 00:14:32,040 --> 00:14:34,280 Speaker 5: we might not for a couple of years, is also 278 00:14:34,440 --> 00:14:37,720 Speaker 5: how the very large number of houses that we've been 279 00:14:37,760 --> 00:14:40,800 Speaker 5: building the last couple of years will influence the market 280 00:14:40,840 --> 00:14:43,360 Speaker 5: because all of a sudden and over the last year 281 00:14:43,440 --> 00:14:45,240 Speaker 5: or so, you've been getting more of them coming onto 282 00:14:45,240 --> 00:14:47,520 Speaker 5: the market. You'll continue to see that over the next 283 00:14:47,600 --> 00:14:49,920 Speaker 5: year or so. There's a lot of houses that are 284 00:14:49,960 --> 00:14:53,920 Speaker 5: being added to supply. That should also keep competition a 285 00:14:53,960 --> 00:14:56,840 Speaker 5: bit higher for houses, which should keep prices maybe a 286 00:14:56,840 --> 00:15:00,440 Speaker 5: little bit more subdued in the past. Regardless, the numbers 287 00:15:00,480 --> 00:15:02,880 Speaker 5: you're looking at the moment still suggest a housing market 288 00:15:02,880 --> 00:15:05,400 Speaker 5: that is not going to absolutely refire away as we 289 00:15:05,440 --> 00:15:07,640 Speaker 5: get into twenty twenty five. Even if it is a 290 00:15:07,640 --> 00:15:09,080 Speaker 5: bit of upside coming through. 291 00:15:08,960 --> 00:15:11,680 Speaker 2: Yes, certainly doesn't feel like it. Brad Olson Informetrics, Thanks 292 00:15:11,720 --> 00:15:14,360 Speaker 2: so much for your time. It is twenty five after five. 293 00:15:16,400 --> 00:15:20,400 Speaker 1: The early edition Full the Show podcast on iHeartRadio Power 294 00:15:20,600 --> 00:15:21,280 Speaker 1: by News. 295 00:15:21,040 --> 00:15:21,520 Speaker 4: Talks at me. 296 00:15:22,280 --> 00:15:24,920 Speaker 2: It's just gone twenty seven after five. News Talk said, 297 00:15:24,920 --> 00:15:28,360 Speaker 2: be awful for the family to see. I know. This 298 00:15:28,440 --> 00:15:31,400 Speaker 2: is the people who were filming that tragic fatal accident 299 00:15:31,440 --> 00:15:35,120 Speaker 2: on the Southern Motorway. The news media will cover it up, 300 00:15:35,160 --> 00:15:36,960 Speaker 2: but you know they will film it, go out to 301 00:15:37,000 --> 00:15:40,360 Speaker 2: a story. They will film the bodies in the accident. 302 00:15:40,400 --> 00:15:42,920 Speaker 2: They would film the accident aftermath, but they would not 303 00:15:43,040 --> 00:15:46,640 Speaker 2: show it to the audience. Here we have social media. 304 00:15:46,840 --> 00:15:49,360 Speaker 2: Everyone's got a camera. It's the new word of mouth. 305 00:15:49,840 --> 00:15:52,120 Speaker 2: You film what you see and you post it online. 306 00:15:52,160 --> 00:15:55,600 Speaker 2: It's the wild West, open slather. The cops are upset 307 00:15:55,640 --> 00:15:55,840 Speaker 2: with this. 308 00:15:56,320 --> 00:15:57,920 Speaker 6: Can I just say I thought that was disgusting? 309 00:15:58,240 --> 00:15:58,800 Speaker 2: It really was. 310 00:15:58,880 --> 00:16:01,040 Speaker 6: I mean I saw some of the foot which it 311 00:16:01,120 --> 00:16:03,200 Speaker 6: was filmed before emergency services arrived. 312 00:16:03,600 --> 00:16:06,080 Speaker 7: There were close ups of people to cease in the van, 313 00:16:06,160 --> 00:16:07,080 Speaker 7: an injured line. 314 00:16:06,880 --> 00:16:07,360 Speaker 4: On the road. 315 00:16:07,800 --> 00:16:10,400 Speaker 2: Yeah, close ups of people who are injured lying on 316 00:16:10,440 --> 00:16:14,640 Speaker 2: the road. Not a nice thing to see or to experience. 317 00:16:15,520 --> 00:16:19,080 Speaker 2: But so long as you're not driving and filming, isn't 318 00:16:19,080 --> 00:16:23,840 Speaker 2: it actually potentially useful evidence? Couldn't it help with an 319 00:16:23,840 --> 00:16:26,680 Speaker 2: investigation if police are able to review some of this 320 00:16:26,760 --> 00:16:32,960 Speaker 2: footage of a crash or the immediate aftermath of a crash. 321 00:16:33,160 --> 00:16:35,720 Speaker 2: Was that safety barrier strong enough? By the way, how 322 00:16:35,760 --> 00:16:39,760 Speaker 2: often does the truck's tire blowout? I mean that sounds 323 00:16:39,760 --> 00:16:42,640 Speaker 2: like a horrible thing to happen and frightening, but it 324 00:16:42,640 --> 00:16:45,720 Speaker 2: obviously happens, and then what You've got no control and 325 00:16:45,800 --> 00:16:49,600 Speaker 2: it's all over over back to the filming. It is 326 00:16:49,640 --> 00:16:53,080 Speaker 2: the new word of mouth. People don't just tell each 327 00:16:53,160 --> 00:16:55,080 Speaker 2: other what happened anymore. They need to show me. Have 328 00:16:55,160 --> 00:16:56,840 Speaker 2: you got the video? Have you got the video? I mean, 329 00:16:56,880 --> 00:16:59,480 Speaker 2: this is just the way I think that society is going. 330 00:16:59,520 --> 00:17:02,440 Speaker 2: I'm not saying that I'm on board with it at all, 331 00:17:03,000 --> 00:17:05,640 Speaker 2: but it's the way it's going, isn't it. And there's 332 00:17:06,160 --> 00:17:08,680 Speaker 2: very little chance we will turn that ship around now, 333 00:17:08,720 --> 00:17:13,320 Speaker 2: and trying to do so maybe a little futile society. 334 00:17:13,520 --> 00:17:19,439 Speaker 2: We are increasingly desensitized to stuff and insensitive to the 335 00:17:19,440 --> 00:17:23,520 Speaker 2: feelings of those around us. That's just that's just who 336 00:17:23,520 --> 00:17:25,760 Speaker 2: we are now, isn't it. It has just gone twenty 337 00:17:25,840 --> 00:17:29,320 Speaker 2: nine minutes after five. We're going to talk about airport 338 00:17:29,400 --> 00:17:32,640 Speaker 2: wait times and potential taxes in the UK. 339 00:17:33,440 --> 00:17:41,320 Speaker 1: Next, the first Word on the News of the Day 340 00:17:41,600 --> 00:17:45,280 Speaker 1: Early edition with Ryan Bridge and Smith City New Zealand's 341 00:17:45,280 --> 00:17:48,119 Speaker 1: furniture beds at a play at store, News Talk Zippy. 342 00:18:06,400 --> 00:18:08,359 Speaker 2: The other thing that you talk to Big, you'll listen 343 00:18:08,440 --> 00:18:12,960 Speaker 2: to Oasis. A lot of people celebrating last night because 344 00:18:13,119 --> 00:18:17,520 Speaker 2: a twenty twenty five tour is coming after fifteen years apart. 345 00:18:17,640 --> 00:18:21,359 Speaker 2: Brothers Noel and Liam Gallagher are getting back together in 346 00:18:21,400 --> 00:18:24,040 Speaker 2: their fifties now fifty one and fifty seven, getting back 347 00:18:24,080 --> 00:18:26,640 Speaker 2: to getting the band back together and heading the road 348 00:18:26,680 --> 00:18:30,280 Speaker 2: they'll do Cardiff, Manchester, London, Edinburgh, Dublin. I got together 349 00:18:30,320 --> 00:18:34,280 Speaker 2: in the nineteen nineties. Everybody knows this, assume everybody knows 350 00:18:34,320 --> 00:18:36,840 Speaker 2: their songs. I went to print a story off about 351 00:18:36,880 --> 00:18:39,720 Speaker 2: them this morning and what I didn't realize is that 352 00:18:39,760 --> 00:18:44,520 Speaker 2: it was a live blog from the BBC nineteen pages long, 353 00:18:44,680 --> 00:18:55,320 Speaker 2: a live blog of people just celebrating Oasis. Essentially, stay 354 00:18:55,520 --> 00:19:11,560 Speaker 2: for me, Right and Bridge Rich would be hard to 355 00:19:11,600 --> 00:19:13,600 Speaker 2: work with your siblings, wouldn't it? Do you we ever 356 00:19:13,680 --> 00:19:15,479 Speaker 2: worked with your siblings. I don't think I could do it. 357 00:19:15,600 --> 00:19:18,400 Speaker 2: I love my younger brother, Sean, he was the best 358 00:19:18,400 --> 00:19:23,879 Speaker 2: man at my wedding, but he's pretty simple, so I 359 00:19:23,880 --> 00:19:25,840 Speaker 2: don't think I think I would struggle. We would fight 360 00:19:26,000 --> 00:19:28,480 Speaker 2: would be the problem. Although at fifty one and fifty seven, 361 00:19:28,520 --> 00:19:31,119 Speaker 2: as you assume, they would be over past that stage 362 00:19:31,119 --> 00:19:33,359 Speaker 2: by now. Here's a quick question for you. What would 363 00:19:33,359 --> 00:19:37,200 Speaker 2: you rather a government taxing you more or no government 364 00:19:37,280 --> 00:19:39,960 Speaker 2: at all. Let's start in the UK a couple of 365 00:19:40,000 --> 00:19:44,399 Speaker 2: developments overnights. Keir Starmer is laying the groundwork for tax hikes. 366 00:19:44,720 --> 00:19:48,200 Speaker 6: There is a budget coming in October and it's going 367 00:19:48,240 --> 00:19:51,439 Speaker 6: to be painful. We have no other choice. Given the 368 00:19:51,480 --> 00:19:55,320 Speaker 6: situation that we're in. Those with the broadest shoulders should 369 00:19:55,359 --> 00:19:59,720 Speaker 6: bear the heavier burden, and that's why we're cracking down on. 370 00:19:59,760 --> 00:20:04,920 Speaker 2: Non non doms. By the way, like Richie Senex's wife, 371 00:20:05,080 --> 00:20:08,640 Speaker 2: those who were born overseas and only declare and pay 372 00:20:08,680 --> 00:20:11,240 Speaker 2: tax on their UK income, they get to keep everything 373 00:20:11,240 --> 00:20:15,080 Speaker 2: else separate and tax in different jurisdiction. In the US, 374 00:20:15,200 --> 00:20:18,440 Speaker 2: Karmala Harris wants to hike the corporate tax rate from 375 00:20:18,480 --> 00:20:20,640 Speaker 2: twenty one to twenty eight percent. Of course you'll never 376 00:20:20,680 --> 00:20:22,720 Speaker 2: senate to do it. In New Zealand we've had a 377 00:20:22,760 --> 00:20:26,400 Speaker 2: tax cut, so we are an outlier. Here in France, 378 00:20:26,880 --> 00:20:29,639 Speaker 2: they still have no idea who's going to run the place, 379 00:20:29,840 --> 00:20:33,680 Speaker 2: no prime minister yet. What is going on here? Macron 380 00:20:33,720 --> 00:20:35,960 Speaker 2: has just met with Marie La Penn from the far right. 381 00:20:36,080 --> 00:20:38,320 Speaker 2: Remember he said she was a threat to democracy. Now 382 00:20:38,359 --> 00:20:39,719 Speaker 2: it turns out she could be a solution. 383 00:20:40,520 --> 00:20:44,720 Speaker 8: The new Popular Front is led by France Bard. The 384 00:20:44,800 --> 00:20:47,240 Speaker 8: idea that there should be a new Popular Front government 385 00:20:47,359 --> 00:20:51,480 Speaker 8: without fran some bald minister has changes absolutely nothing. In reality, 386 00:20:51,520 --> 00:20:53,800 Speaker 8: It'll still be Fran some bad and it will still 387 00:20:53,840 --> 00:20:55,680 Speaker 8: be John Lumanochean leading the government. 388 00:20:56,560 --> 00:20:58,879 Speaker 2: Ryan Bridge back home, We're going to our reporters right 389 00:20:58,920 --> 00:21:01,159 Speaker 2: around the country, starting with Calum Proctor in Duned and 390 00:21:01,240 --> 00:21:05,040 Speaker 2: Calum Good morning. Decisions on whether Otago will see a 391 00:21:05,160 --> 00:21:09,840 Speaker 2: unitary authority still up in the air this morning. Yeah, morning, Ryan. 392 00:21:10,320 --> 00:21:13,399 Speaker 7: This was Councilor Kevin Gilbert's notice of motion calling for 393 00:21:13,440 --> 00:21:16,280 Speaker 7: discussions to begin on governance structure. They were debated at 394 00:21:16,320 --> 00:21:20,360 Speaker 7: a council meeting a Duneedan City Council meeting yesterday. Mayor 395 00:21:20,440 --> 00:21:22,760 Speaker 7: Jills Radicks told us Look, it was a good conversation 396 00:21:22,880 --> 00:21:27,119 Speaker 7: with councilors requesting a high level report on the options 397 00:21:27,119 --> 00:21:30,879 Speaker 7: for progressing discussions on a possible unitary authority. But he 398 00:21:30,880 --> 00:21:34,800 Speaker 7: says there is a workload issue here, some councilors agreeing 399 00:21:35,160 --> 00:21:37,560 Speaker 7: with the idea and principle, but believing it was too 400 00:21:37,640 --> 00:21:39,960 Speaker 7: much for staff also working on the long term plan. 401 00:21:40,760 --> 00:21:43,160 Speaker 7: Raddick says that they plan to have a report out 402 00:21:43,160 --> 00:21:44,040 Speaker 7: by Christmas. 403 00:21:44,200 --> 00:21:47,680 Speaker 2: All Right, weather today and Dnedan clum a mainly fine, 404 00:21:47,800 --> 00:21:51,000 Speaker 2: strong northerly this afternoon in seventeen today Claire Sherewoods and 405 00:21:51,040 --> 00:21:53,000 Speaker 2: christ Church. Hey, clear, you're going to go fast on 406 00:21:53,040 --> 00:21:54,520 Speaker 2: your southern motorway. 407 00:21:54,119 --> 00:21:57,359 Speaker 9: Stone if you're heading that way, Ryan, perhaps Look, the 408 00:21:57,400 --> 00:22:00,680 Speaker 9: government has announced a potential speed limit in for our 409 00:22:00,720 --> 00:22:03,800 Speaker 9: southern motorway. That's a stretch from Curlitz Road for those 410 00:22:03,800 --> 00:22:06,119 Speaker 9: who are local right out to Rolliston. It's quite a 411 00:22:06,160 --> 00:22:09,240 Speaker 9: long stretch. They want one hundred and ten kilometers per hour. 412 00:22:09,560 --> 00:22:13,160 Speaker 9: The Salwyn Mayor Sam Broughton, he's actually advocated for an 413 00:22:13,160 --> 00:22:16,080 Speaker 9: increase like this, He says, Look, enabling people to get 414 00:22:16,119 --> 00:22:17,800 Speaker 9: from A to B efficiently is a good thing. 415 00:22:18,119 --> 00:22:18,480 Speaker 2: He says. 416 00:22:18,520 --> 00:22:20,480 Speaker 9: There are roads in the North Island that are built 417 00:22:20,480 --> 00:22:23,520 Speaker 9: to the same standard which currently operate at that speed 418 00:22:23,600 --> 00:22:26,560 Speaker 9: very safely, and it's something that the Southern Motorway should 419 00:22:26,600 --> 00:22:30,280 Speaker 9: do too. Public consultation on this will open next Tuesday. 420 00:22:30,440 --> 00:22:33,520 Speaker 2: All right, weather today, some low cloud or fog to start. 421 00:22:33,600 --> 00:22:36,719 Speaker 9: Otherwise fine, the high cloud is back by evening a 422 00:22:36,880 --> 00:22:38,679 Speaker 9: maximum of seventeen. 423 00:22:38,520 --> 00:22:41,560 Speaker 2: Right, Max Hols and Wellington, Where are you wasting money today? Max? 424 00:22:42,160 --> 00:22:46,439 Speaker 10: Well exactly? A really good story by ZBZ for Minera Today. 425 00:22:46,840 --> 00:22:49,400 Speaker 10: In early twenty twenty two, the then Labor government talked 426 00:22:49,440 --> 00:22:52,640 Speaker 10: up three hundred million dollars of public housing funding going 427 00:22:52,640 --> 00:22:55,680 Speaker 10: towards a project to build around three hundred new townhouses 428 00:22:55,720 --> 00:22:59,680 Speaker 10: and apartments in Mount Cook, along with a playground, community 429 00:22:59,720 --> 00:23:02,200 Speaker 10: guard and orchard. Are Utopia by the sounds of things 430 00:23:02,520 --> 00:23:05,120 Speaker 10: meant to be finished twenty twenty three to twenty five 431 00:23:05,359 --> 00:23:08,199 Speaker 10: was the rough estimate. This Arlington site has just been 432 00:23:08,240 --> 00:23:10,560 Speaker 10: a massive empty I saw since then it's had fifty 433 00:23:10,640 --> 00:23:13,080 Speaker 10: million bucks spent on it, nothing to show for it 434 00:23:13,400 --> 00:23:15,400 Speaker 10: going order. The latest it's said is that it needs 435 00:23:15,440 --> 00:23:18,600 Speaker 10: to take another look at costs and plans. No new plans, 436 00:23:18,640 --> 00:23:23,159 Speaker 10: no design, no new consent application, no timeline. Locals in 437 00:23:23,200 --> 00:23:26,840 Speaker 10: Mount Cook are frustrated. Early on Coying Order would provide 438 00:23:26,840 --> 00:23:29,639 Speaker 10: them with their updates. Now it's gone quiet. There were 439 00:23:29,680 --> 00:23:32,359 Speaker 10: homes there before. They're obviously gone. The City Missions worried 440 00:23:32,400 --> 00:23:35,440 Speaker 10: about the lack of homes. Local MP Tammatha Paul is worried. 441 00:23:35,520 --> 00:23:37,639 Speaker 10: Kaying of Order is just going to go pull the 442 00:23:37,640 --> 00:23:38,520 Speaker 10: plug completely. 443 00:23:39,640 --> 00:23:42,480 Speaker 2: What we're on earth is fifty million gone exactly. 444 00:23:42,520 --> 00:23:43,600 Speaker 10: It's an empty site. 445 00:23:45,800 --> 00:23:46,440 Speaker 2: How's your weather? 446 00:23:47,880 --> 00:23:51,000 Speaker 10: Showers clearing to find this morning? Sixteen the High Central. 447 00:23:51,080 --> 00:23:54,359 Speaker 2: Thank you so much, mix and never reading matters. An Auckland, Hey, Neva. 448 00:23:54,160 --> 00:23:54,760 Speaker 6: Good morning. 449 00:23:54,920 --> 00:23:56,760 Speaker 2: I thought we would do the weather first because I 450 00:23:56,840 --> 00:23:59,320 Speaker 2: always forget once we get cheading is a good idea, Peter, 451 00:23:59,320 --> 00:24:00,200 Speaker 2: It's a good idea. 452 00:24:00,240 --> 00:24:03,320 Speaker 11: The Auckland weather cloudy with a few showers clearing this 453 00:24:03,400 --> 00:24:05,680 Speaker 11: evening are high of seventeen. Wasn't it lovely? 454 00:24:05,760 --> 00:24:09,280 Speaker 2: Yesterday? Just felt springy, beautiful? Do you know what? The 455 00:24:09,960 --> 00:24:13,080 Speaker 2: weather is springing and the economy is about to spring tease? 456 00:24:13,320 --> 00:24:16,880 Speaker 2: Isn't it positive? Goodes? Let's talk about this beam scooter. 457 00:24:17,400 --> 00:24:20,960 Speaker 11: Oh my goodness. So look, Auckland Councils terminated its contract 458 00:24:21,000 --> 00:24:24,880 Speaker 11: with provider Beam E Scooters. Now this is over breaches 459 00:24:24,920 --> 00:24:27,840 Speaker 11: of its contract. So now it's ordered all the scooters 460 00:24:27,880 --> 00:24:30,480 Speaker 11: have got to be activated. Well this started midnight last 461 00:24:30,560 --> 00:24:32,280 Speaker 11: night and all of them they've got to be off 462 00:24:32,320 --> 00:24:36,160 Speaker 11: the streets by Friday five pm. So the council says 463 00:24:36,200 --> 00:24:39,040 Speaker 11: at the company, it deployed too many scooters and then 464 00:24:39,359 --> 00:24:43,159 Speaker 11: used misleading data to conceal that fact. So that's what 465 00:24:43,200 --> 00:24:46,560 Speaker 11: it's all about. Merv and Chetty he's the licensing and 466 00:24:46,720 --> 00:24:49,520 Speaker 11: Environmental health manager. He says, Look, the limits on the 467 00:24:49,520 --> 00:24:52,240 Speaker 11: scooter numbers, they're there for the safety of the footpath 468 00:24:52,359 --> 00:24:54,600 Speaker 11: users and to prevent use and so we can't have 469 00:24:54,720 --> 00:24:55,520 Speaker 11: so many. 470 00:24:56,000 --> 00:24:56,640 Speaker 6: Year on there. 471 00:24:56,720 --> 00:25:00,600 Speaker 11: So Beam says, you know, they're disappointed obviously, and it's 472 00:25:00,600 --> 00:25:01,760 Speaker 11: apologized to the council. 473 00:25:02,200 --> 00:25:05,960 Speaker 2: Ah, what they need to do more allegedly lied about it. 474 00:25:06,000 --> 00:25:09,199 Speaker 11: Too terrible and so Beams also says, look, it's in 475 00:25:09,200 --> 00:25:12,520 Speaker 11: the process now of appointing an independent external orditor to 476 00:25:12,600 --> 00:25:14,479 Speaker 11: examine the issue. Well it's too late now, isn't it. 477 00:25:14,480 --> 00:25:17,159 Speaker 2: It is too late on your bike, on your. 478 00:25:17,000 --> 00:25:19,119 Speaker 11: Bike in the scooter and I've done the weather, so 479 00:25:19,119 --> 00:25:19,879 Speaker 11: why shall depart? 480 00:25:20,359 --> 00:25:22,320 Speaker 2: Good on your neigh for good to see you? Just 481 00:25:22,400 --> 00:25:25,520 Speaker 2: gone seventeen minutes away from six news Talk said, be 482 00:25:25,600 --> 00:25:28,680 Speaker 2: the Police Association here just before six. They have managed 483 00:25:28,720 --> 00:25:31,440 Speaker 2: to get the assets off the gangs. But why did 484 00:25:31,480 --> 00:25:35,600 Speaker 2: it take ten years? Gavin Gray's in the UK. Since 485 00:25:35,840 --> 00:25:39,480 Speaker 2: nineteen eighteen, Smith City has served communities throughout New Zealand 486 00:25:39,480 --> 00:25:42,600 Speaker 2: with quality furniture, beds and home appliances at great deals. 487 00:25:42,880 --> 00:25:46,000 Speaker 2: Over one hundred years later, the flagship store is still 488 00:25:46,000 --> 00:25:48,560 Speaker 2: in its original location, still one hundred percent New Zealand 489 00:25:48,560 --> 00:25:51,520 Speaker 2: owned and operated, so shopping with Smith City supports Kiwi business. 490 00:25:51,600 --> 00:25:54,400 Speaker 2: They boast eighteen stores across New Zealand, including the new 491 00:25:54,400 --> 00:25:58,040 Speaker 2: Wido Park out there that's in Auckland, which is now open. 492 00:25:58,240 --> 00:26:00,800 Speaker 2: They stock everything you need for your home, including bed's, 493 00:26:00,800 --> 00:26:04,040 Speaker 2: furniture appliances from the world's leading brands Samsung, Alga, Bosh, 494 00:26:04,080 --> 00:26:07,200 Speaker 2: Fisher and pikel Lazy Boys, sleepyhead, you name it, They've 495 00:26:07,200 --> 00:26:09,240 Speaker 2: got it and don't worry about getting the best deal. 496 00:26:09,280 --> 00:26:11,960 Speaker 2: I've got you back with a price promise which they'll 497 00:26:12,000 --> 00:26:14,920 Speaker 2: match any competitor's price. So why would you shop anywhere? Else. 498 00:26:15,040 --> 00:26:17,239 Speaker 2: They've also teamed up with our mates at Air New 499 00:26:17,320 --> 00:26:20,520 Speaker 2: Zealand to bring airpoints to smith City. You can start 500 00:26:20,520 --> 00:26:23,080 Speaker 2: making plans for your next holiday and earn airpoints dollars. 501 00:26:23,119 --> 00:26:25,439 Speaker 2: Wildi shop so win Win Smith City can deliver anywhere 502 00:26:25,440 --> 00:26:27,800 Speaker 2: in New Zealand, and has finance options and flexible payment 503 00:26:27,800 --> 00:26:31,720 Speaker 2: options to suit any budget, experience their legendary install service 504 00:26:31,800 --> 00:26:34,400 Speaker 2: or shop online Smithcity dot co dot. 505 00:26:34,320 --> 00:26:39,280 Speaker 1: NZ International correspondence with NZI Eye Insurance Peace of Mind 506 00:26:39,320 --> 00:26:40,400 Speaker 1: for New Zealand business. 507 00:26:41,640 --> 00:26:43,639 Speaker 2: Kiers Starm has done a speech in the Rose Garden 508 00:26:43,800 --> 00:26:47,560 Speaker 2: in London. Gavin Gray's our UK Europe correspondent, sounds like 509 00:26:47,640 --> 00:26:54,919 Speaker 2: some tax hikes are coming, Gavin. We don't appear to 510 00:26:54,920 --> 00:26:57,520 Speaker 2: have Gavin. We'll come back to him as soon as 511 00:26:57,560 --> 00:27:01,160 Speaker 2: we can. So basically what Kistarm has done is rather 512 00:27:01,240 --> 00:27:03,639 Speaker 2: than go and paint a rosy picture in the Rose 513 00:27:03,680 --> 00:27:06,880 Speaker 2: Garden in his address to the British public last night, 514 00:27:07,200 --> 00:27:09,760 Speaker 2: he has said we've got a budget comment coming in October. 515 00:27:10,400 --> 00:27:14,959 Speaker 2: Things are bad. Those who have done well, or the 516 00:27:14,960 --> 00:27:18,480 Speaker 2: phrase he used with those with the broadest shoulders must 517 00:27:18,600 --> 00:27:21,879 Speaker 2: shoulder the biggest burden. So what does that tell you? 518 00:27:22,280 --> 00:27:25,400 Speaker 2: They're going after the big cats. They're going after the whales, 519 00:27:25,480 --> 00:27:28,199 Speaker 2: and they are going after tax increases. And this is 520 00:27:28,240 --> 00:27:32,280 Speaker 2: not a surprise. This is something that was accusations that 521 00:27:32,320 --> 00:27:36,320 Speaker 2: were leveled by Rishi Senac etc. Before the election. We 522 00:27:36,359 --> 00:27:40,080 Speaker 2: can't get to Gavin Gray unfortunately, but mark our words 523 00:27:40,160 --> 00:27:44,720 Speaker 2: that budget will include tax increases and especially they also 524 00:27:44,800 --> 00:27:48,080 Speaker 2: mentioned the non doms, which is the likes of Rishi 525 00:27:48,119 --> 00:27:52,720 Speaker 2: Sunak's wife who were born outside of the UK and 526 00:27:53,200 --> 00:27:56,439 Speaker 2: managed to keep some of their income outside of the 527 00:27:56,520 --> 00:28:02,200 Speaker 2: UK not taxed within UK territory. They are only taxed 528 00:28:02,200 --> 00:28:04,080 Speaker 2: on the income that they earn there. You can expect 529 00:28:04,160 --> 00:28:08,720 Speaker 2: moves around that too. Just gone eleven away from six Bridge. 530 00:28:09,000 --> 00:28:11,640 Speaker 2: A landmark decision has been handed down in the War 531 00:28:11,720 --> 00:28:15,840 Speaker 2: against Gangs. Judge Peter Andrew has ruled that Headhunter's boss 532 00:28:15,920 --> 00:28:20,680 Speaker 2: Wayne Boyle must forfeit fifteen million dollars in assets. Police 533 00:28:20,840 --> 00:28:23,880 Speaker 2: argued that Doyle's assets were a direct result of criminal 534 00:28:23,880 --> 00:28:26,520 Speaker 2: activity and he was in fact the gang's president, not 535 00:28:26,680 --> 00:28:30,800 Speaker 2: just your average Joe blogs member. Police Association President Chris 536 00:28:30,800 --> 00:28:33,320 Speaker 2: Carr hills with me now, Chris, good morning. 537 00:28:33,880 --> 00:28:34,640 Speaker 12: Good morning, Ryan. 538 00:28:34,760 --> 00:28:38,320 Speaker 2: Hey, it's a long time to get fifteen million dollars 539 00:28:38,360 --> 00:28:39,680 Speaker 2: ten years through the courts. 540 00:28:40,880 --> 00:28:42,960 Speaker 12: Yes, it's been a very long process, a lot of 541 00:28:43,080 --> 00:28:46,120 Speaker 12: very hard work, but this is something police have looked 542 00:28:46,160 --> 00:28:49,040 Speaker 12: at for many, many years, and it took a change 543 00:28:49,040 --> 00:28:51,600 Speaker 12: in legislation to sort of enable police to be able 544 00:28:51,600 --> 00:28:54,360 Speaker 12: to get to where they've got. But it's a massive result. 545 00:28:54,480 --> 00:28:57,280 Speaker 12: I mean, normally when police sees assets are linked to 546 00:28:57,680 --> 00:29:01,520 Speaker 12: a specific offending, some drug and porte, you know, something 547 00:29:01,600 --> 00:29:04,960 Speaker 12: like that. But this is looking at long term leadership 548 00:29:04,960 --> 00:29:08,040 Speaker 12: of a gang who is established just to commit a 549 00:29:08,120 --> 00:29:12,520 Speaker 12: legal actions and make money, and he's lost homes, he's 550 00:29:12,560 --> 00:29:16,360 Speaker 12: lost the clubrooms. It's a magnificent result for police but 551 00:29:16,840 --> 00:29:19,520 Speaker 12: sends a very clear message to gangs that their money 552 00:29:19,560 --> 00:29:20,200 Speaker 12: isn't going. 553 00:29:20,000 --> 00:29:23,880 Speaker 2: To be safe. But is it? Does something else need 554 00:29:23,920 --> 00:29:26,200 Speaker 2: to change so that doesn't take ten years next time, 555 00:29:26,400 --> 00:29:28,320 Speaker 2: or of the changes that have already been made. Will 556 00:29:28,320 --> 00:29:29,640 Speaker 2: that speed it up? Hopefully? 557 00:29:30,760 --> 00:29:30,960 Speaker 4: Yeah? 558 00:29:31,040 --> 00:29:34,040 Speaker 12: Look, this certainly needs to speed up. And I think 559 00:29:34,080 --> 00:29:36,080 Speaker 12: there's some lot of lessons to be learned out of 560 00:29:36,120 --> 00:29:40,120 Speaker 12: this sort of prosecution. And you know it'll be appealed, 561 00:29:40,120 --> 00:29:41,800 Speaker 12: we know that. But in some ways that may be 562 00:29:41,800 --> 00:29:44,560 Speaker 12: a good thing because it'll set the higher courts, will 563 00:29:44,600 --> 00:29:46,880 Speaker 12: set the rules going forward as well, which I think 564 00:29:46,920 --> 00:29:49,360 Speaker 12: will be very helpful. The judge has taken a long 565 00:29:49,400 --> 00:29:51,800 Speaker 12: time to make a very considered opinion, so I think 566 00:29:51,840 --> 00:29:53,400 Speaker 12: it'll stand up in the higher court. 567 00:29:53,720 --> 00:29:56,920 Speaker 2: Ten months, he took ten months to deliberate. Do you 568 00:29:57,480 --> 00:29:59,560 Speaker 2: how hard is it to prove who's in charge of 569 00:29:59,560 --> 00:30:02,760 Speaker 2: a gang? I mean, is it not kind of obvious? 570 00:30:03,760 --> 00:30:03,960 Speaker 3: Yeah? 571 00:30:04,040 --> 00:30:06,479 Speaker 12: Well, well I think with Doyle it was very obvious. 572 00:30:06,560 --> 00:30:09,160 Speaker 12: Everyone knew he was the chief. Now that was his name, 573 00:30:09,440 --> 00:30:13,800 Speaker 12: and he was the boss of that gang. But you know, 574 00:30:13,840 --> 00:30:16,240 Speaker 12: you've got to prove that to a standard of proof 575 00:30:16,320 --> 00:30:18,720 Speaker 12: beyond well, in fact, in the court it's on the 576 00:30:18,720 --> 00:30:25,160 Speaker 12: balance probabilities. So he was a very good example of 577 00:30:25,160 --> 00:30:27,160 Speaker 12: this and it will be a lot harder for some games. 578 00:30:28,040 --> 00:30:31,600 Speaker 12: But in saying that, you know, there's ways that police 579 00:30:31,600 --> 00:30:34,520 Speaker 12: can do this now and this it's a really good 580 00:30:34,520 --> 00:30:37,280 Speaker 12: example going forward. And what I like is it's not 581 00:30:37,360 --> 00:30:40,680 Speaker 12: just assets that he's accumulated, you know in recent times. 582 00:30:41,120 --> 00:30:45,400 Speaker 12: These are assets he's owned for decades and so it's 583 00:30:45,400 --> 00:30:48,280 Speaker 12: a big landmark ruling for police and it's one that 584 00:30:48,280 --> 00:30:50,280 Speaker 12: will have some real implications going forward. 585 00:30:50,480 --> 00:30:52,720 Speaker 2: Chris, thank you for that. Chris can't help Police Association 586 00:30:52,800 --> 00:30:54,760 Speaker 2: prison and I wonder when we'll see that house on 587 00:30:54,920 --> 00:31:01,160 Speaker 2: trade me ninety six brain Bridge, right, very quickly, I've 588 00:31:01,160 --> 00:31:04,600 Speaker 2: got number for you here, sixty seven percent. So the 589 00:31:04,680 --> 00:31:07,920 Speaker 2: number of people who are using debit cards, credit cards, 590 00:31:08,040 --> 00:31:11,160 Speaker 2: f postcards to pay for things has actually gone down. 591 00:31:11,760 --> 00:31:15,040 Speaker 2: It's sixty seven percent, down from seventy seven percent and 592 00:31:15,080 --> 00:31:18,440 Speaker 2: twenty twenty two. Why people are using digital wallets. This 593 00:31:18,520 --> 00:31:22,000 Speaker 2: is your Apple Pay and your iPhone pay or whatever 594 00:31:22,040 --> 00:31:25,280 Speaker 2: it is, that's gone from ten to fifteen percent in 595 00:31:25,400 --> 00:31:27,480 Speaker 2: terms of how you pay for stuff. I do it personally. 596 00:31:27,520 --> 00:31:30,160 Speaker 2: I don't like it. I worry that I will lose 597 00:31:30,800 --> 00:31:34,320 Speaker 2: my phone and I will lose my wallet all in one. 598 00:31:34,800 --> 00:31:36,960 Speaker 2: You know what I mean. I sort of hedge my 599 00:31:37,000 --> 00:31:41,200 Speaker 2: bets by keeping them separated. But anyway, that is a 600 00:31:41,240 --> 00:31:44,800 Speaker 2: big change that's happening, down to sixty seven percent on 601 00:31:44,840 --> 00:31:45,920 Speaker 2: your old f postcard. 602 00:31:47,200 --> 00:31:50,680 Speaker 1: Get ahead of the headlines, Ryan Bridge you for twenty 603 00:31:50,720 --> 00:31:54,440 Speaker 1: twenty four on Early edition with Smith City, New Zealand's 604 00:31:54,440 --> 00:31:57,200 Speaker 1: Furniture Beds and a play at store News Talk zid be. 605 00:31:57,800 --> 00:32:01,320 Speaker 2: Well, look out, the airlines are getting simioned. That's happened 606 00:32:01,320 --> 00:32:05,040 Speaker 2: to the electricity. It's happened to n ZTA getting summons 607 00:32:05,160 --> 00:32:08,520 Speaker 2: by Simeon and they've been told sort out your on 608 00:32:08,640 --> 00:32:11,040 Speaker 2: time performance. You know how in New Zealand all the 609 00:32:11,000 --> 00:32:13,760 Speaker 2: alone say, oh when on time ninety five or I 610 00:32:13,840 --> 00:32:17,560 Speaker 2: don't know ninety eight percent of the time. Really are 611 00:32:17,600 --> 00:32:20,320 Speaker 2: you actually on time? And is that time the original 612 00:32:20,320 --> 00:32:22,360 Speaker 2: time for the flight or the one that you changed 613 00:32:22,360 --> 00:32:24,080 Speaker 2: it to While we were on the way to the airport. 614 00:32:24,840 --> 00:32:27,320 Speaker 2: Mike's in the studio, is here next? Good morning, Mike morning. 615 00:32:27,360 --> 00:32:28,160 Speaker 2: Simon's with us. 616 00:32:28,480 --> 00:32:31,720 Speaker 13: So several things that one's the CIA, which is the authority, 617 00:32:31,760 --> 00:32:33,800 Speaker 13: and they've had cultural problems if you follow these sort 618 00:32:33,840 --> 00:32:35,640 Speaker 13: of things. But they put a new board and so 619 00:32:35,680 --> 00:32:38,240 Speaker 13: they're going to make them and the fees they charge, 620 00:32:38,640 --> 00:32:41,760 Speaker 13: So there's that part of it. There's the pricing of 621 00:32:41,800 --> 00:32:44,880 Speaker 13: the year tickets. That's another part of it. And the 622 00:32:44,960 --> 00:32:47,840 Speaker 13: problem is nothing's going to happen. And there's also, as 623 00:32:47,880 --> 00:32:49,720 Speaker 13: you say, the reportage of what was on time and 624 00:32:49,800 --> 00:32:52,880 Speaker 13: what wasn't. Everyone's got an anecdotal story of a plane 625 00:32:52,880 --> 00:32:54,959 Speaker 13: that didn't take off or arrive on time and your 626 00:32:55,000 --> 00:32:56,800 Speaker 13: auntie who was a bit late and then the plane 627 00:32:56,800 --> 00:32:59,040 Speaker 13: turned around because of engineering issues. 628 00:32:59,200 --> 00:33:02,240 Speaker 2: I know there's Auntie. But what about those business leaders 629 00:33:02,280 --> 00:33:05,160 Speaker 2: who do travel every day for meetings who say, I 630 00:33:05,720 --> 00:33:07,280 Speaker 2: literally don't fly anymore. 631 00:33:06,960 --> 00:33:09,880 Speaker 13: Because there's there's no question. And I guess we all 632 00:33:09,880 --> 00:33:12,840 Speaker 13: know them, people who travel a lot who say, look, 633 00:33:12,880 --> 00:33:15,000 Speaker 13: I can't tell you that last time. You know it 634 00:33:15,040 --> 00:33:17,960 Speaker 13: doesn't I get it. Here's the important point, though, So 635 00:33:18,080 --> 00:33:20,920 Speaker 13: when they publish all of these details around pricing, First 636 00:33:20,960 --> 00:33:23,160 Speaker 13: of all, you always think the price is too high. 637 00:33:23,160 --> 00:33:24,880 Speaker 13: It doesn't matter what they say about the price. That 638 00:33:24,920 --> 00:33:27,120 Speaker 13: doesn't look you can get bargains if you do this. 639 00:33:27,160 --> 00:33:29,240 Speaker 13: There the next thing, Oh no, I paid nine thousand 640 00:33:29,280 --> 00:33:31,280 Speaker 13: dollars to fly to in Picagoo. You're never going to 641 00:33:31,280 --> 00:33:34,800 Speaker 13: convince people. The important point here is nothing's going to change. 642 00:33:35,040 --> 00:33:38,280 Speaker 13: So the theory is that by publishing this, we all 643 00:33:38,320 --> 00:33:41,160 Speaker 13: get shock, horror, put pressure on the airlines, and they 644 00:33:41,200 --> 00:33:43,520 Speaker 13: then go, we'll tidy up our act because there's. 645 00:33:43,280 --> 00:33:45,080 Speaker 2: No plan, so there's no hope. 646 00:33:45,160 --> 00:33:47,280 Speaker 13: There's well, well, I mean the sense that they're not 647 00:33:47,360 --> 00:33:48,600 Speaker 13: doing anything. They're not going to do. 648 00:33:48,600 --> 00:33:50,360 Speaker 2: Anything about it. But the answer to all of this 649 00:33:50,560 --> 00:33:52,920 Speaker 2: is just get richer, isn't it, Because you're never going 650 00:33:52,960 --> 00:33:53,640 Speaker 2: to get things. 651 00:33:53,520 --> 00:33:55,680 Speaker 13: Cheaper, so you can buy your own plane, right, well. 652 00:33:55,840 --> 00:33:57,680 Speaker 2: So you can at least afford to get an air 653 00:33:57,680 --> 00:33:58,560 Speaker 2: FIATDA in Picago. 654 00:33:58,720 --> 00:34:01,760 Speaker 13: Well exactly, so it's anyway, we'll talk to Simming about this. 655 00:34:01,800 --> 00:34:03,080 Speaker 2: And see what is going to do with brilliant Mike. 656 00:34:03,160 --> 00:34:04,200 Speaker 2: So do next. That's up for me. 657 00:34:04,200 --> 00:34:13,040 Speaker 1: See you tomorrow for more from News Talk sed B. 658 00:34:13,320 --> 00:34:16,560 Speaker 1: Listen live on air or online, and keep our shows 659 00:34:16,600 --> 00:34:19,880 Speaker 1: with you wherever you go with our podcasts on iHeartRadio