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Speaker 1: Digging through the spin spins to find the real story Egory.

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Speaker 1: It's Heather Duplicy, Elm Drive with one New Zealand. Let's

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Speaker 1: get connected News Talks V.

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Speaker 2: Good afternoon, Welcome to the show. Coming up today, we're

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Speaker 2: going to talk to Westpax chief economists about the ocr cut.

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Speaker 2: The headdresser rules are finally going to change. It's happening

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Speaker 2: in a month's time. We're going to get reaction to that.

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Speaker 2: And Sparkany and New Zealand have teamed up to let

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Speaker 2: the drones do the stock taking. It's a very cool idea.

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Speaker 3: I'll talk you through that, Heather Duplicy, Ellen.

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Speaker 2: Look, I don't really want to have to start on

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Speaker 2: a bum note. But if there is a thing that

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Speaker 2: we do on the show, it's honesty. So let's be

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Speaker 2: honest about it. What the Reserve Bank decision told you

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Speaker 2: today is how much trouble our economy is. And if

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Speaker 2: you're in business, you already know this. You don't need

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Speaker 2: me to tell you this. I was talking to a

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Speaker 2: couple of CEOs yesterday. They were telling me cannot see

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Speaker 2: the green shoots. Cannot see the green shoots. We've been waiting,

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Speaker 2: we were told survived to twenty five were halfway through.

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Speaker 2: Who we're still stuffed. We'll let me tell you what

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Speaker 2: we got today. We got a twenty five basis point cut.

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Speaker 2: We needed fifty because that ocr is still too high.

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Speaker 2: It's now sitting at three point two five percent. It's

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Speaker 2: probably actively still dampening our economic growth because I think

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Speaker 2: the consensus is that three is neutral and we're not

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Speaker 2: there yet. But they could not give us a bigger

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Speaker 2: cut today. And even they must realize how much damage

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Speaker 2: they are doing, because they themselves have admitted that the

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Speaker 2: economy is even more stuffed than they thought it was

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Speaker 2: as recently as February. When they last met. Back in February,

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Speaker 2: they predicted that in the first quarter of this year

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Speaker 2: we would have seen growth of zero point six percent.

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Speaker 2: They have revised that down to zero point four. This

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Speaker 2: quarter that we're in right now. They forecast that we

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Speaker 2: would be growing at zero point six percent. They just

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Speaker 2: hal that to zero point three. Next quarter they thought

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Speaker 2: would be zero point five. They've taken that down to

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Speaker 2: zero point two. That's not good. That's bad. And why

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Speaker 2: couldn't they give us a bigger cut to help us along,

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Speaker 2: because they might set off inflation again. If they do.

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Speaker 2: We just saw a rise in inflation the other day,

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Speaker 2: and there is potential for it to keep on creeping up.

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Speaker 2: We've got dairy prices going up, We've got electricity prices

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Speaker 2: going up, We've got rates going up, on and on

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Speaker 2: and on and on. The budget that we just had

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Speaker 2: last week is not super deflationary, is it? And their

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Speaker 2: job at the Reserve Bank, remember, is not to help

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Speaker 2: the economy grow. That is not their job. Their job

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Speaker 2: is to contain inflation. And it's kind of borderline and

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Speaker 2: they can't take any chances there. Could we have a

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Speaker 2: touch of the old stagflation back, no growth? Prices going

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Speaker 2: up feels a bit like that's a risk at the moment,

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Speaker 2: isn't it now? I hope not, But hope is not

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Speaker 2: a strategy. And yet what else have we got left

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Speaker 2: when even the Reserve Bank can't get out of the

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Speaker 2: economy's way together?

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Speaker 3: Do for sea Alan nine.

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Speaker 2: Two ninety two is the text number standard text fee supplier.

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Speaker 2: I want to hear what's going on out there's to

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Speaker 2: hit me with it. Now you've bought yourself a new house.

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Speaker 2: Where'd you get that money? But you did it anyway,

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Speaker 2: It's a new build. You've waited ages for it to

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Speaker 2: be finished. Now it's done, it's ready for you to

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Speaker 2: move in. But unfortunately it's not actually a finished is it.

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Speaker 2: Because chances are, in a matter of days after moving in,

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Speaker 2: you're going to find out that some of the lights

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Speaker 2: don't work, or pipes in the wrong place, where there's

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Speaker 2: been some sort of an issue with the paint job.

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Speaker 2: According to new data from the Building Research Association, eighty

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Speaker 2: six percent of new homeowners have to call a trade

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Speaker 2: back in to fix something shortly after they move in. Now,

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Speaker 2: Greg Wallace is master Plumber CEO, and he's with me. Now,

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Speaker 2: hey Greg, afternoon, Heather. Eighty six percent seems like a loss,

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Speaker 2: doesn't it.

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Speaker 4: Yeah, look it is. But I think we've got to

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Speaker 4: look at some of the granular detail under that and

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Speaker 4: what's actually causing that. I noticed the brand's report doesn't

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Speaker 4: really give us the details what those callbacks are. I

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Speaker 4: think the other point is when you're spending more than

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Speaker 4: a million dollars on a house and it is quite complex.

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Speaker 4: Now there's design aspects that it's changed, This technology that's

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Speaker 4: coming through that is complex, and some of that needs

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Speaker 4: to be refined or commissioned as we go through that

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Speaker 4: build process.

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Speaker 2: What are you talking about what's complex?

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Speaker 4: Well, look, we've got heat pump technology, we've got radiators,

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Speaker 4: we've got bid as, we've got central heating systems.

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Speaker 2: Are you saying that it's a bit hard for the

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Speaker 2: people to figure out themy have to come back and

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Speaker 2: do it again.

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Speaker 4: Well, there's some education to be done with consumers about

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Speaker 4: how to operate some more complex design systems that we've got.

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Speaker 4: Now we also see that our homeowners are trying to

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Speaker 4: move into their new property as soon as possible, and.

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Speaker 2: Something means stop it. You're making excuses. Stop it. You

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Speaker 2: are making excuses, and you know it. Who were the most?

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Speaker 2: What trade was the one called back the most?

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Speaker 4: The painters were.

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Speaker 2: There's nothing technological about this, it's simply painting. Why didn't

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Speaker 2: they do it properly the first time?

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Speaker 4: Well, I think most of the time the painting is

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Speaker 4: normally cause. Any defects has caused from the actual property

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Speaker 4: owners moving in, and there's some defense that happen. The

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Speaker 4: defects also happened when there's insulation of other products. But

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Speaker 4: I mean the reality is you take the plumbing set

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Speaker 4: to heather right, twelve percent of the thirty percent is

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Speaker 4: actually product issues. Right, So we've got a very deregulated plumbing,

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Speaker 4: product infrastructure.

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Speaker 2: I'm getting sody with it, Greg, Are you ready for

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Speaker 2: it again? We going okay, So I didn't want to

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Speaker 2: have to bring this up, but you're bringing the bazookas,

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Speaker 2: so I've got to bring the nuclear weapon. Okay. So

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Speaker 2: what happened is I've had a pool installed out the

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Speaker 2: back came and they put the pool in, and then

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Speaker 2: they built the deck around it. And as you would

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Speaker 2: imagine with the deck, you've got to have the glass installed.

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Speaker 2: You got to have the deck put up, you've got

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Speaker 2: to have the balustrade, you got to have the paint job.

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Speaker 2: They all finished it all finished on our Friday last week.

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Speaker 2: I spent the weekend going around. I found nineteen snags.

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Speaker 2: They have to come back and fix those nineteen. No

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Speaker 2: disrespect to the boys, I love them, but they've got

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Speaker 2: to come back. In fact it those snags include Greg.

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Speaker 2: They include painting the balustrade white and dripping all over

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Speaker 2: the gray steps, every single gray step. It would appear

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Speaker 2: on three different flights of steps, drips everywhere. That is

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Speaker 2: not a technological problem. They did not paint the under

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Speaker 2: underside of the railings, probably at all, Like it's half

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Speaker 2: painted and then it's not done finished. Right, They got

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Speaker 2: paint on the spar pool. They have to paint all

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Speaker 2: over the concrete. They didn't even attach one of the

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Speaker 2: posts to the railing, which meant that the glass gate

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Speaker 2: was hanging. Now, you can't tell me that this is

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Speaker 2: just because there's technological problems or inability to understand what's

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Speaker 2: going on here. This is just like mistakes, isn't it.

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Speaker 4: Well, look, I can probably honey comment on the plumbing

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Speaker 4: vermin and gets Finny industry right to be fair to.

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Speaker 2: To be fair to you. This is not your people.

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Speaker 2: But what I'm trying to say is, come on man

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Speaker 2: like with love and respect. Don't make don't make excuses

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Speaker 2: when you know full well we're getting them back. Just

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Speaker 2: to put a blinking nail into something, isn't it. It's

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Speaker 2: not a heat pump, it's just a nail they forgot.

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Speaker 4: But yeah, look what I'm saying is like what we've

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Speaker 4: got to make sure we do a bit of job.

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Speaker 4: I'm completely in agreement with you. We want to get

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Speaker 4: it right. We've got to remember. Also, I don't think

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Speaker 4: anyone wants a callback as a tradesman, because that's a

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Speaker 4: cost to their business. Business right, they're normally on a

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Speaker 4: fixed rate to build that house. All this time. We

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Speaker 4: need the granular detail of what these issues are so

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Speaker 4: we can go back to the industry and try and rectify.

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Speaker 4: There is no benefit for a tradesman to go back

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Speaker 4: and have no charge to the consumer to have to

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Speaker 4: rectify a problem. But brands need to provide the details

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Speaker 4: about what are those issues, Corey, and so then we

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Speaker 4: can address them. I agree, no one wants callbacks, but

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Speaker 4: we've got to be reality. Some of this is product

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Speaker 4: failure as well.

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Speaker 2: Hey, can I ask you a question, Greg, This has

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Speaker 2: been bugging me for ages. What is up with trades

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Speaker 2: That trade's will say to you, Oh, look it's a

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Speaker 2: three day job and then it turns into a four

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Speaker 2: month job. What's going on with you guys? Why can't

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Speaker 2: you estimate this stuff properly? It's like every single trade

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Speaker 2: he does this.

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Speaker 4: Well, look, I don't know about your job, but look

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Speaker 4: you can what we're seeing jobs whole life as we're

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Speaker 4: seeing design changes happen after the construction starts, and that

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Speaker 4: changes perspective quite significantly. And I think that's underestimated when

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Speaker 4: design or other aspects are added to the job, which

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Speaker 4: takes a job from two to three days to two

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Speaker 4: to three weeks, and there's a lack of understanding of

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Speaker 4: how that actually controls the outcomes.

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Speaker 2: Yeah, okay, Greg, listen, thank you so much for having

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Speaker 2: a chat to me. I appreciated. It's Greg Wallace. Oh lord,

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Speaker 2: I don't even I don't even want to tell you

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Speaker 2: all about this because the boys still have to come

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Speaker 2: back and fix it, and they are such nice men.

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Speaker 2: I really don't want them to feel bad about themselves.

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Speaker 2: So maybe we'll park that story about the paint all

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Speaker 2: over the steps for another day and we can talk

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Speaker 2: about it liberally. But can I ask you this question please?

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Speaker 2: If you are a tradee like this genuinely puzzles me. Okay,

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Speaker 2: So the boys came out and they looked at what

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Speaker 2: was required when they were going to build the deck, right,

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Speaker 2: and they said, oh, two and a half week job,

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Speaker 2: two and a half weeks. And I sniggered and said

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Speaker 2: to my friends, oh yeah, at two and a half weeks,

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Speaker 2: it'll be four right, nine weeks? How do you get guys,

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Speaker 2: what is happening to you? It's not your first building job,

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Speaker 2: is it? It's not the first time you've turned up

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Speaker 2: and said to someone and then you got it wrong.

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Speaker 2: Why do you guys always get it wrong? Why do

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Speaker 2: you always get it wrong? But how often do you

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Speaker 2: get it wrong? By like that much? Two and a

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Speaker 2: half weeks has become nine? That's wild? But why why

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Speaker 2: is it that every single time a builder says X

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Speaker 2: amount of time, it's always more? Why do you need

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Speaker 2: a woman to come run your business? Let me know please?

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Speaker 2: Nine to nine two sixteen past four.

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Speaker 3: It's the Heather Duper see Alan Drive Full Show.

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Speaker 1: Podcast on iHeartRadio powered by News Talks be.

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Speaker 2: Ah Heather because tradees normally quote for one hundred and

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Speaker 2: eighty percent of their workload, and they have multiple jobs

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Speaker 2: on the hustle to ensure that they have enough work

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Speaker 2: and then flows into move No, no, no, they and

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Speaker 2: then they don't end up doing an eight hour day

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Speaker 2: on site. No, they did eight hour days. They did

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Speaker 2: eight hour days. They were doing eight hour days. It

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Speaker 2: still went from three weeks to nine weeks. And I

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Speaker 2: don't understand anyway. Darcy Waldgrave at twenty past fours with

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Speaker 2: me right now, Hey, dars.

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Speaker 5: So are you referencing chippies.

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Speaker 2: You have just that's a dad joke, isn't it.

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Speaker 5: Well we talked yesterday about whether you can call the

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Speaker 5: right Honorable Leader of the Opposition.

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Speaker 2: Chippy and now I'm talking about chippy.

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Speaker 5: And now you're talking about chippy. I couldn't help myself.

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Speaker 5: I'm a dad goes from you. So he ups. Can

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Speaker 5: you call him chippy or is he his royal chipness?

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Speaker 2: No, he can be chippy.

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Speaker 5: He can be chippy.

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Speaker 4: That's good.

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Speaker 5: People are spoken chippy, it is, he said to me.

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Speaker 2: It's fine. So my personal relationship with Chippy.

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Speaker 5: So a national relationship, I'm going to roll that one out.

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Speaker 2: Hey, State of Origin tonight. Yeah, here we go again.

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Speaker 5: Every time I said it, so they say, they say

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Speaker 5: five past ten, they say yeah, normally it dribbles a

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Speaker 5: little about quarter past twenty past, but that's okay. Every

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Speaker 5: I'm like Origin, Yeah, it's not as soon as it

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Speaker 5: starts to go.

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Speaker 2: Oh my lord.

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Speaker 5: In the last few years has been astonishing, rug.

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Speaker 2: Who are you rooting for Queensland?

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Speaker 6: Are you?

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Speaker 5: I lived there for it was only about four or

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Speaker 5: five months, but when I was there, I watched Origin

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Speaker 5: with Queenslanders in pubs drinking schooners. So I feel like

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Speaker 5: I'm a Queenslander now, yeah, you know, I've been there,

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Speaker 5: done that, held by the hat. They are horrible, but

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Speaker 5: I'll be supporting the well you think that maybe that

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Speaker 5: New South Wales might have when it comes to this.

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Speaker 5: It's at sun Court, they're playing at home and they're

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Speaker 5: really hard team to beat at home. But honestly, I

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Speaker 5: don't care about the result. I only got enough skin

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Speaker 5: in the game either way. If Steve listened to this,

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Speaker 5: I'm really sorry Steve. Please take my calls. But I

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Speaker 5: just want to see good football and that's what you get.

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Speaker 5: It's an amazing, amazing experience when it comes to rugby league.

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Speaker 2: So I'm all over it, like hey, really quickly, what's

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Speaker 2: going on with the under twenty rugby team.

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Speaker 5: Milton Hay did really, really well. He was the head coach.

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Speaker 5: They won the Rugby Championship with the under twenties. That's Australia,

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Speaker 5: the Argentina there and they're looking down the barrel of

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Speaker 5: the World Champs coming up and Italy soon. And I mean,

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Speaker 5: you know what, my coaching philosophy with the other coaches

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Speaker 5: is not aligned.

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Speaker 3: I'm leaving.

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Speaker 5: So if coaching philosophy isn't in alignment with the other coaches.

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Speaker 5: Imagine if it was.

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Speaker 2: But what does that actually mean?

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Speaker 5: Well, I don't know that. I want to spend more

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Speaker 5: time with my family. You just whatever you want to

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Speaker 5: put Does that.

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Speaker 2: Mean that you're a renterer and a raver and the

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Speaker 2: others don't like it all? Like, is it that kind

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Speaker 2: of a style thing?

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Speaker 5: Possibly possibly doesn't align. Yeah, I like to poke my

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Speaker 5: players in the eye and my other coaching staff don't.

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Speaker 5: Don't all what's the Yeah, what's the what's our philosophy?

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Speaker 5: Do we still work together even though we have very

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Speaker 5: different philosophies?

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Speaker 2: Who you and I?

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Speaker 7: Yeah?

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Speaker 2: Yeah, but that's because you have your own show.

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Speaker 5: Yeah that's cool. But no, that's it. We're not like

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Speaker 5: it's not like we're both doing this show now.

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Speaker 2: What is important is that the philosophy between myself and

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Speaker 2: the German are aligned.

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Speaker 5: For example, yes, you know right, and last time I checked,

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Speaker 5: she was in New Zealander.

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Speaker 2: Shut up, I go off, here goes He'll be back

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Speaker 2: at seven. Darcy Watergrave Sports Talk four twenty.

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Speaker 1: Two getting the facts Discarding the fluff. It's Heather Duplicy

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Speaker 1: Ellen Drive with one New Zealand. Let's get connected news

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Speaker 1: talks'd be heather.

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Speaker 2: Everyone gets wrong estimating time or cost of a job

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Speaker 2: because they take the most optimistic view in order to

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Speaker 2: get the job. Look at Rhodess et cetera. Look that's

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Speaker 2: probably fair, isn't it. But here's the thing. If you're

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Speaker 2: taking an optimistic view, I can understand if two and

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Speaker 2: a half weeks becomes four or five, but when it

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Speaker 2: becomes nine, like, that's so, that's so out that it

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Speaker 2: just something else happened there. Hither it's because builders are

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Speaker 2: not project managers. It's why builders lose money and go

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Speaker 2: out of business. Hither, I had a dec rebuild done recently.

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Speaker 2: The quote was sixty k. It dragged on for four

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Speaker 2: months after a five week triumphrame was given. I couldn't

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Speaker 2: stand looking at them after five weeks and thinking of

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Speaker 2: all the money it was costing. The extra cost never communicated.

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Speaker 2: It ended up being one hundred thousand dollars up from

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Speaker 2: sixty sixties a lot as well. Hither, I've been running

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Speaker 2: my own residential building company for twenty years. I use

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Speaker 2: a quantity survey at a price projects and even their

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Speaker 2: measures are way off a lot of my time has

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Speaker 2: taken up sorting the detailing that hasn't been done correctly

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Speaker 2: by the architects and not picked up by the council

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Speaker 2: consenting process and so on. So maybe in the end, maybe,

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Speaker 2: in the end, what it comes down to is basically,

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Speaker 2: it's just hard to estimate, and you're going to go

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Speaker 2: You're gonna be optimistic, and then you know you're gonna

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Speaker 2: end up getting it wrong, aren't you. Anyway, whatever, it's

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Speaker 2: not my business, so it's theirs. Now we had the

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Speaker 2: ocr decision today. Christian Hawksby gave his big, first big

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Speaker 2: one from him. He was asked about Adrian or just

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Speaker 2: heading off very very suddenly the night before the big

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Speaker 2: Reserve Bank conference that was attended by a former chure

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Speaker 2: of the FED and stuff like that.

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Speaker 8: You're going back a long way now, a couple of

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Speaker 8: months ago. I think my understanding is that it was

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Speaker 8: announced when Adrian decided to resign. It was announced, and

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Speaker 8: that turned out to be the night before our conference.

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Speaker 7: It would appear it was a hurried decision. I just

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Speaker 7: wonder if you could provide any more insight into into

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Speaker 7: what happened.

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Speaker 8: You'd have to ask Adrian about his decisions.

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Speaker 2: Oh, come offered Christian. He remembers, he just doesn't. Well,

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Speaker 2: there's no way you can forget why Adrian. Isn't it

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Speaker 2: amazing how everybody's just forgotten why Adrian all left? Why

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Speaker 2: packed us Tandy and set off into the sunset? I

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Speaker 2: suspect we're never actually gonna find out? Are we headlines next?

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Speaker 1: Putting the challenging questions to the people at the heart

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Speaker 1: of the story. It's hither duplicy Ellen drive with one

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

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Speaker 3: That'd be you hear you.

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Speaker 9: Were my head when I'm dreaming.

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Speaker 3: You're trying to dream?

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Speaker 2: How come the deck has never finished sooner and cheaper

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Speaker 2: than expected, only ever longer and more expensive. It's not

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Speaker 2: just a matter of simple mistakes and estimates. Well, Phil,

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Speaker 2: I think we answered that question earlier, didn't we. It's

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Speaker 2: got a lot to do with trying to kind of

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Speaker 2: win the quote, isn't it now? Jason Wills is going

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Speaker 2: to be with us on politics in about ten minutes time,

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Speaker 2: and we'll go to America very shortly and find out

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Speaker 2: what's going on with Donald Trump and Canada again. But

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Speaker 2: back here in New Zealand. The hairdresser rules are going

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Speaker 2: to change now. I guess this has already been announced,

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Speaker 2: probably a couple of times before. But what's happened this

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Speaker 2: time is that we now have the final list of

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Speaker 2: the things are going to change, as recommended by the

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Speaker 2: Ministry for Regulation, and all of them have been accepted

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Speaker 2: by Cabinet, which means that it will all come into

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Speaker 2: force from July. So this will affect the rules. I mean,

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Speaker 2: can you believe we had rules about the stuff? The

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Speaker 2: rules on how far apart the seats have to be

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Speaker 2: in salons, the rules about how bright the lights have

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Speaker 2: to be, The rules about not offering customers coffee or

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Speaker 2: tea while they're having the haircut, but possibly okay while

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Speaker 2: they're having their hair colored, The rules about whether dogs

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Speaker 2: are allowed in salons, and so on and so forth. Anyway,

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Speaker 2: from July, when the rules all scrapped, it's up to

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Speaker 2: the owners of the hair salons to decide what to do.

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Speaker 2: Isn't that lovely and refreshing. We'll talk to a hairdresser

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Speaker 2: about that. Quarter past five right now, it's twenty three

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Speaker 2: away from five.

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Speaker 3: It's the world wires on news. Dogs they'd be drive.

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Speaker 2: The King has personally opened the first session of the

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Speaker 2: forty fifth Parliament of Canada. He delivered the speech from

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Speaker 2: the Throne to the Canadian Senate and the House of Commons,

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Speaker 2: and as usual, the speech was written for the King

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Speaker 2: by the Canadian government, and commentators think this particular line

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Speaker 2: is intended for Donald Trump.

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Speaker 3: As the ansome remains us. The true North is indeed

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Speaker 3: strong and free.

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Speaker 2: Over in Australia, the coalition has got back together. The

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Speaker 2: Liberal and National parties assigned a new partnership deal. Here's

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Speaker 2: National MP Michael McCormick.

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Speaker 3: We didn't need to.

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Speaker 10: I felt break away from the Liberal Party. It looked

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Speaker 10: messy and from the public's point of view, the masters

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Speaker 10: has been scratching their heads and fine.

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Speaker 2: A two ton elephant seal has taken a stroll through

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Speaker 2: the streets of the town of Gordon's Bay in South Africa.

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Speaker 2: Police try to apprehend the seal by forming a ring

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Speaker 2: of patrol cars around it, but the nteloper was able

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Speaker 2: to half climb over one of the cars and continue

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Speaker 2: on its merry way. Submarine wildlife specialists and a vet

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Speaker 2: were able to sedate the seal after it's stopped near

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Speaker 2: a shopping mall, and it's now being returned to the.

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Speaker 1: Ocean International Correspondence with ends and eye insurance peace of

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Speaker 1: mind for New Zealand Business.

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Speaker 2: Jonathan Kursley as our US correspondents that I had Jonathan,

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Speaker 2: Are you there, Jonathan, Jonathan, are you there? I think

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Speaker 2: Jonathan's not paying attention because I can hear him opening

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Speaker 2: his mouth. I don't know if you can hear it. Anyway,

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Speaker 2: we'll see if we can get Jonathan up on the line.

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Speaker 2: On Chris Hopkins, I'm still getting text about the Chippy business,

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Speaker 2: and I think you need to calm down. I'm going

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Speaker 2: to tell you this, and what it is is, Ah,

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Speaker 2: you're too friendly with Chippy. Will you we go let's

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Speaker 2: set the record straight or be unfriendly about him for

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Speaker 2: a tech okay, a tick. So I don't know if

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Speaker 2: you're aware of this, but one of the charges that

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Speaker 2: is laid against Chris Hopkins regularly is that he's a hypocrite.

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Speaker 2: And in fact, it is so legendary now his hypocrisy

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Speaker 2: that it actually has a name, which is hipocrisy. So

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Speaker 2: here's another one you can put in your file on

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Speaker 2: that one, just in case you think I'm too matey

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Speaker 2: with him. Chris Hopkins has had a crack over the

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Speaker 2: Minister of the South Island role, which is occupied by

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Speaker 2: James Meager of the National Party. He says, there is

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Speaker 2: no need for the Minister of the South Island role.

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Speaker 2: It is just a PR job. Now Chippy is correct

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Speaker 2: on this. It is just a PR job because there

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Speaker 2: is no ministry. There is no budget attached to it.

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Speaker 2: So you can't, oh, James me, you can't actually do

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Speaker 2: anything as the Minister for the South Island. It's just

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Speaker 2: for public relations. But we can say it. Chippy can't

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Speaker 2: say it because Chippy was the man who brought back

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Speaker 2: the Minister for Auckland was an e in twenty twenty three,

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Speaker 2: which is also no budget, no ministry, just a PR job.

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Speaker 1: International correspondence with ends and eye insurance, peace of mind

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Speaker 1: for New Zealand business.

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Speaker 2: Let's try this again, Jonathan are you there?

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Speaker 11: How the hello and to hallo everybody across Eakland and

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Speaker 11: New Zealand.

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Speaker 5: How brilliant it is to be able to talk to you.

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Speaker 2: It's good to have you with us, mate. Now listen.

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Speaker 2: Was the speech from King Charles intended to wind Donald

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Speaker 2: Trump up.

435
00:20:29,000 --> 00:20:29,240
Speaker 12: Look.

436
00:20:29,680 --> 00:20:32,040
Speaker 11: I think Canada certainly wanted to make a point and

437
00:20:32,080 --> 00:20:33,639
Speaker 11: I think what you've got to look at with this

438
00:20:33,680 --> 00:20:36,880
Speaker 11: speech is it's quite similar to what King Charles would

439
00:20:36,920 --> 00:20:39,120
Speaker 11: deliver at the opening of the British Parliament, written by

440
00:20:39,160 --> 00:20:41,640
Speaker 11: the government for the government. But there is very clearly

441
00:20:42,119 --> 00:20:44,679
Speaker 11: an approval from Buckingham Palace that comes out of this.

442
00:20:44,840 --> 00:20:47,199
Speaker 11: There is very clearly a long chain of process that

443
00:20:47,280 --> 00:20:49,160
Speaker 11: goes through to tick this off.

444
00:20:49,200 --> 00:20:51,000
Speaker 3: But it was pointed, and it.

445
00:20:50,920 --> 00:20:53,000
Speaker 11: Was pointed in a way that was subtle, but subtle

446
00:20:53,119 --> 00:20:56,239
Speaker 11: enough that you're not going to anger Donald Trump to

447
00:20:56,280 --> 00:20:59,040
Speaker 11: a certain extent. It wasn't ever going to mention him

448
00:20:59,040 --> 00:21:00,600
Speaker 11: by name, and didn't.

449
00:21:01,080 --> 00:21:04,240
Speaker 12: It didn't talk about the fifty first State, but it

450
00:21:04,280 --> 00:21:07,840
Speaker 12: alluded to Canadian sovereignty. It alluded to all of the

451
00:21:07,880 --> 00:21:11,639
Speaker 12: issues that Markkarni fought on during his election campaign. It

452
00:21:11,680 --> 00:21:14,600
Speaker 12: alluded to everything that essentially got him over the line,

453
00:21:14,640 --> 00:21:18,479
Speaker 12: which was fighting back about Canadian national interests. What we

454
00:21:18,520 --> 00:21:21,600
Speaker 12: heard King Charles say in part in English and in

455
00:21:21,680 --> 00:21:24,919
Speaker 12: part in French, which was also very very interesting to

456
00:21:25,000 --> 00:21:28,160
Speaker 12: note that the King spoke pretty fluent French as far

457
00:21:28,200 --> 00:21:30,359
Speaker 12: as I could tell. I'm not a French native speaker,

458
00:21:30,440 --> 00:21:33,240
Speaker 12: so for any French native speakers out their apologies However,

459
00:21:33,760 --> 00:21:36,359
Speaker 12: it did appear that the King was well across his

460
00:21:36,480 --> 00:21:39,640
Speaker 12: French dialect and his French tones. But what the King

461
00:21:39,720 --> 00:21:44,560
Speaker 12: did say is that Canada faces a critical moment, that democracy, pluralism,

462
00:21:44,600 --> 00:21:49,040
Speaker 12: the rule of law, self determination, values which Canadians hold dear,

463
00:21:49,200 --> 00:21:52,680
Speaker 12: ones which the government is determined to predict. Says that

464
00:21:52,760 --> 00:21:56,359
Speaker 12: this was a dangerous time, said that Canadians must be

465
00:21:56,840 --> 00:21:59,440
Speaker 12: clear eyed that the world is in a more dangerous

466
00:21:59,480 --> 00:22:02,560
Speaker 12: and unser in place than any point since the Second

467
00:22:02,600 --> 00:22:05,880
Speaker 12: World War, and that Canada is facing challenges that are

468
00:22:05,960 --> 00:22:10,560
Speaker 12: unprecedented in our lifetimes. So this was very clearly a

469
00:22:10,640 --> 00:22:15,640
Speaker 12: speech designed to appeal to the Canadian domestic audience, one

470
00:22:15,680 --> 00:22:19,560
Speaker 12: that came from their sovereign, from King Charles, but also

471
00:22:19,680 --> 00:22:22,879
Speaker 12: one that came with a pointed message to those south

472
00:22:22,920 --> 00:22:27,520
Speaker 12: of the border, and that being the American President Donald Trump.

473
00:22:27,720 --> 00:22:30,480
Speaker 2: Why are they taking this so seriously? I mean, he

474
00:22:31,160 --> 00:22:32,720
Speaker 2: clearly doesn't actually mean it.

475
00:22:34,080 --> 00:22:35,800
Speaker 11: No, And this is half of the thing you have

476
00:22:35,880 --> 00:22:37,600
Speaker 11: to look at with Donald Trump. When he talks about

477
00:22:37,600 --> 00:22:40,680
Speaker 11: Canada being America's fifty first state, or he talks about

478
00:22:40,680 --> 00:22:43,520
Speaker 11: taking Greenland, or he talks about taking the Panama Canal,

479
00:22:44,040 --> 00:22:46,560
Speaker 11: you do have to question is he actually being serious

480
00:22:46,600 --> 00:22:52,600
Speaker 11: about any of this? Is he being fully transparent with

481
00:22:52,720 --> 00:22:55,919
Speaker 11: the American public, with the Canadian public, with the Greenland public,

482
00:22:55,960 --> 00:22:58,320
Speaker 11: with all of those that he could potentially take these

483
00:22:58,320 --> 00:23:02,600
Speaker 11: countries by foresaw will, And that's one of those things

484
00:23:02,600 --> 00:23:04,040
Speaker 11: that you do have to look at. I mean, he

485
00:23:04,119 --> 00:23:08,160
Speaker 11: did threaten this afternoon essentially saying that if Canada wants

486
00:23:08,240 --> 00:23:12,000
Speaker 11: to be part of America's so called Golden Dome system

487
00:23:12,119 --> 00:23:16,639
Speaker 11: similar to what he's said could be Israel's Iron Dome,

488
00:23:16,800 --> 00:23:20,639
Speaker 11: then if Canada joins the American Union that being the

489
00:23:20,640 --> 00:23:23,720
Speaker 11: fifty first state, they'll play zero dollars to be part

490
00:23:23,720 --> 00:23:26,800
Speaker 11: of it. If they want to be not part of

491
00:23:26,840 --> 00:23:29,320
Speaker 11: it and still pay, they'll pay sixty.

492
00:23:29,000 --> 00:23:30,000
Speaker 3: One billion dollars.

493
00:23:30,359 --> 00:23:32,960
Speaker 11: Now, the question is, clearly Donald Trump is trying to

494
00:23:32,960 --> 00:23:35,359
Speaker 11: make this about money. He's trying to continue to raise

495
00:23:35,400 --> 00:23:39,040
Speaker 11: this idea he could force Canada to become America's fifty

496
00:23:39,119 --> 00:23:41,440
Speaker 11: first state. Is it a realistic prospect?

497
00:23:41,680 --> 00:23:42,159
Speaker 12: No, it's not.

498
00:23:42,680 --> 00:23:45,560
Speaker 11: Neither is Greenland becoming part of America. Neither is the

499
00:23:45,560 --> 00:23:49,560
Speaker 11: Panama Canal being entirely brought back into America.

500
00:23:49,600 --> 00:23:51,680
Speaker 5: What Donald Trump is doing, he's appealing.

501
00:23:51,359 --> 00:23:53,600
Speaker 2: To this base. Is his motivation not to just get

502
00:23:53,640 --> 00:23:56,160
Speaker 2: them to help pay for the Golden Dome.

503
00:23:57,880 --> 00:24:00,159
Speaker 11: Part of that may well be yes, But also the

504
00:24:00,160 --> 00:24:02,960
Speaker 11: thing is is if the Golden Dome, and you've got

505
00:24:02,960 --> 00:24:05,800
Speaker 11: to remember how this would likely operate, is that he's

506
00:24:05,880 --> 00:24:10,200
Speaker 11: going to be some missiles potentially launched from the ground,

507
00:24:10,400 --> 00:24:12,040
Speaker 11: some potentially.

508
00:24:11,480 --> 00:24:12,359
Speaker 12: Launched from space.

509
00:24:12,800 --> 00:24:16,560
Speaker 11: It's very hypothetical. And take into the idea that Israel

510
00:24:16,720 --> 00:24:20,200
Speaker 11: is far smaller than the United States of America. If

511
00:24:20,240 --> 00:24:23,440
Speaker 11: you're talking about trying to protect the United States of

512
00:24:23,480 --> 00:24:27,560
Speaker 11: America from missiles right across the board, the United States

513
00:24:27,600 --> 00:24:30,119
Speaker 11: of America and I'm sorry to do this to New Zealanders,

514
00:24:30,119 --> 00:24:33,480
Speaker 11: but it is the same size as Australia. So you

515
00:24:33,520 --> 00:24:38,000
Speaker 11: are talking about covering the entire Canadian border, the entire

516
00:24:38,119 --> 00:24:42,040
Speaker 11: Mexican border, everything around the Gulf of Mexico, or as

517
00:24:42,119 --> 00:24:45,159
Speaker 11: Donald Trump sees that, the Gulf of America. It is

518
00:24:45,200 --> 00:24:47,639
Speaker 11: a vast area of land that he is going to

519
00:24:47,680 --> 00:24:51,280
Speaker 11: cost a vast amount of money. And yes, he is

520
00:24:51,359 --> 00:24:54,760
Speaker 11: all about financial transactions, and he is trying to talk

521
00:24:54,760 --> 00:24:56,400
Speaker 11: to the Canadians and say.

522
00:24:56,600 --> 00:24:57,520
Speaker 5: Pay up or else.

523
00:24:57,840 --> 00:25:00,560
Speaker 11: But the reality is this isn't going to happen too.

524
00:25:00,480 --> 00:25:02,199
Speaker 2: Right, Jonathan listen, always good to talk to you. I

525
00:25:02,200 --> 00:25:05,600
Speaker 2: really appreciate your time, mate. That's Jonathan Kursley, US correspondent.

526
00:25:06,440 --> 00:25:08,720
Speaker 2: Trump is not joking hither. It's amazing you don't take

527
00:25:08,760 --> 00:25:11,800
Speaker 2: his threat seriously. Oh, come off that. How do you

528
00:25:11,840 --> 00:25:14,040
Speaker 2: think he's going to go and get Canada for himself?

529
00:25:14,359 --> 00:25:19,520
Speaker 2: Get real OCR today. Interesting thing about this is, of course,

530
00:25:19,560 --> 00:25:22,720
Speaker 2: it's not a decision that's taken unilaterally by the Reserve

531
00:25:22,800 --> 00:25:26,080
Speaker 2: Bank governor. It's a monetary policy committee that decides together,

532
00:25:26,240 --> 00:25:27,640
Speaker 2: shall we put it up, should we keep it the same,

533
00:25:27,640 --> 00:25:30,200
Speaker 2: should we cut it down? Whatever. For the first time

534
00:25:30,280 --> 00:25:33,080
Speaker 2: it appears in a long time. It's only the second

535
00:25:33,160 --> 00:25:37,720
Speaker 2: time actually ever that the NBC the Monetary Policy Committee

536
00:25:37,760 --> 00:25:39,199
Speaker 2: has gone to a vote, but it has gone to

537
00:25:39,200 --> 00:25:42,280
Speaker 2: a vote this time. Five of them voted to cut

538
00:25:42,280 --> 00:25:44,880
Speaker 2: the OCR box twenty five basis points. One of them

539
00:25:45,000 --> 00:25:46,879
Speaker 2: voted to keep it where it was.

540
00:25:47,400 --> 00:25:51,280
Speaker 1: Quarter two Politics with Centric Credit, check your customers and

541
00:25:51,280 --> 00:25:52,600
Speaker 1: get payments certainty.

542
00:25:52,440 --> 00:25:55,119
Speaker 2: Jason Wall's political editors with us right now, Hey, Jason,

543
00:25:55,320 --> 00:25:58,440
Speaker 2: good afternoon, Manna live Tory doesn't learn.

544
00:25:58,320 --> 00:25:58,679
Speaker 5: Does she?

545
00:25:59,720 --> 00:26:03,160
Speaker 13: Well, yeah, there was a Tory versus Tory today. Of course,

546
00:26:03,160 --> 00:26:06,320
Speaker 13: that's Torrifino, Wellington's mayor. And the other Tory I'm talking

547
00:26:06,359 --> 00:26:08,960
Speaker 13: about is Christopher Luxen, the NAT and obviously you know

548
00:26:09,000 --> 00:26:11,080
Speaker 13: in the UK they call them the Tories. It all

549
00:26:11,119 --> 00:26:14,480
Speaker 13: started earlier this morning when the PM was an A

550
00:26:14,600 --> 00:26:17,600
Speaker 13: and Z post budget breakfast and he was asked about

551
00:26:17,600 --> 00:26:20,400
Speaker 13: what he, as Prime Minister could do to keep political

552
00:26:20,480 --> 00:26:24,360
Speaker 13: parties out of local councils. And here's what he said.

553
00:26:24,200 --> 00:26:26,200
Speaker 14: But man, I think you need a little bit less

554
00:26:26,240 --> 00:26:28,240
Speaker 14: political party and a little less ideology and a little

555
00:26:28,240 --> 00:26:30,320
Speaker 14: bit more common sense actually in solving some problems and

556
00:26:30,320 --> 00:26:34,920
Speaker 14: getting the show on the road and so but ultimately

557
00:26:34,960 --> 00:26:37,760
Speaker 14: also the good people Wellington have to vote, and when

558
00:26:37,800 --> 00:26:40,280
Speaker 14: you look at voter turnout and local body elections running

559
00:26:40,280 --> 00:26:43,440
Speaker 14: at thirty five percent, sometimes.

560
00:26:42,960 --> 00:26:43,800
Speaker 15: You get what you deserve.

561
00:26:44,640 --> 00:26:46,960
Speaker 14: Just putting it too because I can't solve all your problems,

562
00:26:47,000 --> 00:26:48,600
Speaker 14: you know, so you can solve some of your own problems.

563
00:26:48,680 --> 00:26:51,040
Speaker 13: And I was there and the first thing that I thought,

564
00:26:51,119 --> 00:26:54,160
Speaker 13: between my bikes of bacon and eggs.

565
00:26:53,920 --> 00:26:55,919
Speaker 15: Was is he wrong? I don't think he is.

566
00:26:56,000 --> 00:26:58,040
Speaker 13: I think he makes some kind of fair points. But

567
00:26:58,119 --> 00:26:59,760
Speaker 13: that wasn't the end of it. He went on all

568
00:26:59,800 --> 00:27:03,840
Speaker 13: meat Nick Mills's show on zb Wellington Mornings down here

569
00:27:03,840 --> 00:27:05,840
Speaker 13: in the Capitol and kind of continue to put the

570
00:27:05,880 --> 00:27:06,240
Speaker 13: boot in.

571
00:27:06,359 --> 00:27:09,200
Speaker 14: Yeah, you've got way too much ideology and party politics

572
00:27:09,200 --> 00:27:11,440
Speaker 14: in your local government. I think you need to focus

573
00:27:11,520 --> 00:27:14,439
Speaker 14: on actually common sense solutions to problems that people are

574
00:27:14,480 --> 00:27:17,640
Speaker 14: experiencing in the region, take responsibility for it and sort

575
00:27:17,680 --> 00:27:18,320
Speaker 14: it out for people.

576
00:27:18,480 --> 00:27:21,280
Speaker 13: So Torri was not happy with either of these comments,

577
00:27:21,320 --> 00:27:24,639
Speaker 13: and she wrote into our newsroom down here instead, these

578
00:27:24,680 --> 00:27:27,879
Speaker 13: comments by the Prime Minister are once again a blatant

579
00:27:27,960 --> 00:27:33,440
Speaker 13: punching down on Wellington where groundbreaking transformational projects are trying

580
00:27:33,440 --> 00:27:37,679
Speaker 13: to get through it without giggling. We're transformational projects are underway.

581
00:27:37,960 --> 00:27:40,880
Speaker 13: Just last week we successfully passed our long term plan

582
00:27:41,000 --> 00:27:44,320
Speaker 13: for twenty two or twenty four to twenty and thirty

583
00:27:44,320 --> 00:27:47,400
Speaker 13: four and progressed our water reforms. Here's where it gets spicy.

584
00:27:47,680 --> 00:27:50,359
Speaker 13: Perhaps he should look at his own policy choices, like

585
00:27:50,400 --> 00:27:53,560
Speaker 13: the recent decision to slash pay for women on low

586
00:27:53,640 --> 00:27:57,520
Speaker 13: incomes and the disastrous school lunch program. We need solutions

587
00:27:57,560 --> 00:28:01,800
Speaker 13: and collaborations from the Prime minister rhetoric design to distract

588
00:28:01,840 --> 00:28:05,400
Speaker 13: from his own failings. We're doing just fine in Wellington

589
00:28:05,440 --> 00:28:09,280
Speaker 13: and the Prime Minister should focus on his chaotic coalition instead.

590
00:28:10,000 --> 00:28:15,080
Speaker 2: Okay, now are you telling me that Tory unprompted contacted

591
00:28:15,080 --> 00:28:16,080
Speaker 2: the newsroom to say this?

592
00:28:16,840 --> 00:28:19,479
Speaker 15: That's what I that's the story that was went up

593
00:28:19,480 --> 00:28:20,000
Speaker 15: on the Herald.

594
00:28:20,160 --> 00:28:22,080
Speaker 2: Seriously, she wrote into that. She was like, I know,

595
00:28:22,160 --> 00:28:23,720
Speaker 2: I've got to have a say on this. Let me

596
00:28:23,760 --> 00:28:26,000
Speaker 2: have it, Let me sledge the Prime Minister by writing

597
00:28:26,040 --> 00:28:27,720
Speaker 2: an email to the Herald? Does that what happened?

598
00:28:28,160 --> 00:28:30,480
Speaker 13: And obviously she sent it to other people as well,

599
00:28:30,520 --> 00:28:34,000
Speaker 13: because yeah, one news is reporting the same comments, so

600
00:28:34,080 --> 00:28:35,840
Speaker 13: she's not pleased, not please.

601
00:28:35,760 --> 00:28:38,600
Speaker 2: Geez, she does not help herself. Hey, so did the

602
00:28:38,640 --> 00:28:41,320
Speaker 2: Prime Minister and the Finance Minister take credit for the

603
00:28:41,360 --> 00:28:43,360
Speaker 2: ocr cut? Did they?

604
00:28:43,440 --> 00:28:45,640
Speaker 13: Yes, to the surprise of no one, they were pretty

605
00:28:45,720 --> 00:28:49,080
Speaker 13: keen to put a kind of put their stamp all

606
00:28:49,120 --> 00:28:51,600
Speaker 13: over it. Have a listen to what Christopher Luxan told

607
00:28:51,640 --> 00:28:53,040
Speaker 13: us about an hour and a half ago.

608
00:28:53,200 --> 00:28:56,840
Speaker 14: Our work on spending as directly contributing to lowering inflation,

609
00:28:57,240 --> 00:28:59,800
Speaker 14: which then is obviously the precursor to loring interest rates

610
00:29:00,160 --> 00:29:01,640
Speaker 14: given the economy growing and moving again.

611
00:29:02,040 --> 00:29:04,640
Speaker 13: So he's not exactly being subtle about but you know,

612
00:29:04,800 --> 00:29:06,320
Speaker 13: it's not all the government.

613
00:29:06,320 --> 00:29:07,640
Speaker 15: I mean, you do have to give them props.

614
00:29:07,680 --> 00:29:10,120
Speaker 13: They have brought down spending, and of course that has

615
00:29:10,200 --> 00:29:12,800
Speaker 13: had an impact on inflation. But the fact that oil

616
00:29:12,840 --> 00:29:16,080
Speaker 13: prices have fallen as well is also a contributing factor

617
00:29:16,520 --> 00:29:18,760
Speaker 13: behind the fact that we've seen lower inflation, which has

618
00:29:18,840 --> 00:29:21,560
Speaker 13: led to a lower ocr The Finance minister. This Nikola

619
00:29:21,600 --> 00:29:24,360
Speaker 13: Willis did in part acknowledge that.

620
00:29:24,560 --> 00:29:26,720
Speaker 16: There's always a range of factors, but the reverse is

621
00:29:26,760 --> 00:29:29,920
Speaker 16: also true. We'd got the money bazooka out and sprayed

622
00:29:29,960 --> 00:29:32,560
Speaker 16: it all around, you can beat inflation would have been high.

623
00:29:32,800 --> 00:29:34,880
Speaker 13: Yeah, And so in a parallel world, it would have

624
00:29:34,920 --> 00:29:36,600
Speaker 13: been interesting to see what it would have been like

625
00:29:36,680 --> 00:29:38,800
Speaker 13: if Leber had kept going in terms of what the

626
00:29:38,840 --> 00:29:41,880
Speaker 13: inflation rates would have been. But there is always an

627
00:29:41,880 --> 00:29:44,520
Speaker 13: elephant in the room when it comes to inflation. And

628
00:29:44,560 --> 00:29:47,720
Speaker 13: this was Nikola Willis's message to some of the councils

629
00:29:47,760 --> 00:29:50,600
Speaker 13: across the country which are putting up rates to double digits.

630
00:29:51,000 --> 00:29:53,120
Speaker 16: But look, my message to councils is always the same

631
00:29:53,120 --> 00:29:56,920
Speaker 16: as the prime ministers, which is rate payers can't handle

632
00:29:57,000 --> 00:30:01,280
Speaker 16: massive rate increases, so cut your cloth, manage your expenses.

633
00:30:01,360 --> 00:30:03,920
Speaker 15: Keith Lee and I wonder who she is referring to there.

634
00:30:04,160 --> 00:30:06,440
Speaker 2: Hey, very quickly, have you got that Tory email in

635
00:30:06,480 --> 00:30:08,840
Speaker 2: front of you again? Ah? Yes, just have a look.

636
00:30:08,840 --> 00:30:11,080
Speaker 2: Did she say that women's wages have been slashed?

637
00:30:11,600 --> 00:30:15,920
Speaker 13: She said, perhaps he should look at his own policy choices,

638
00:30:15,960 --> 00:30:18,680
Speaker 13: like the recent decision to slash pay for women on

639
00:30:18,800 --> 00:30:19,800
Speaker 13: low incomes.

640
00:30:19,960 --> 00:30:23,520
Speaker 2: Okay, yeah, actually in correct though, way well listen, just

641
00:30:23,520 --> 00:30:24,440
Speaker 2: getting some tests.

642
00:30:24,240 --> 00:30:25,000
Speaker 13: Along those lines.

643
00:30:25,040 --> 00:30:27,080
Speaker 2: It's just worth pointing out Tory doesn't have a grasp

644
00:30:27,120 --> 00:30:29,120
Speaker 2: on the facts. All right, Thank you for that, Jason,

645
00:30:29,160 --> 00:30:32,520
Speaker 2: appreciate it. Jason Wall's political editor. Thanks for the texts.

646
00:30:32,520 --> 00:30:33,960
Speaker 2: By the way, seven away from five.

647
00:30:34,680 --> 00:30:38,640
Speaker 1: Putting the tough questions to the newspakers, the mic asking breakfast.

648
00:30:38,720 --> 00:30:40,960
Speaker 17: If there has been a bright spot in our economy,

649
00:30:40,960 --> 00:30:42,840
Speaker 17: it's come from the land of course. Neary's booming, the

650
00:30:42,880 --> 00:30:45,200
Speaker 17: seasons wrapping up literally as we speak with the record process.

651
00:30:45,240 --> 00:30:48,200
Speaker 17: The big question is is there more where that came from?

652
00:30:48,240 --> 00:30:50,720
Speaker 17: Todd mclays of course, the Minister of Agriculture and Trade,

653
00:30:50,720 --> 00:30:51,320
Speaker 17: and as well as.

654
00:30:51,280 --> 00:30:53,680
Speaker 18: We're going to make sure the regulations in New Zealand

655
00:30:53,800 --> 00:30:56,640
Speaker 18: not just piling costs. There were twenty one extra rules

656
00:30:56,680 --> 00:30:58,920
Speaker 18: and regulations put on farmers over the six years of

657
00:30:59,000 --> 00:31:01,000
Speaker 18: labor which just pile cost on them and made the

658
00:31:01,040 --> 00:31:03,760
Speaker 18: most competitive. We've been taking those away, fitting them and

659
00:31:03,920 --> 00:31:06,080
Speaker 18: just don't add costs of the farm gate so that

660
00:31:06,080 --> 00:31:08,600
Speaker 18: the farmers can be going better and faster, producing more

661
00:31:08,640 --> 00:31:10,880
Speaker 18: than the world wants. So we're going to remain competitive

662
00:31:10,880 --> 00:31:13,480
Speaker 18: both in New Zealand but open up those doors overseas.

663
00:31:13,760 --> 00:31:16,640
Speaker 17: Back tomorrow at six am the Mic Hosking Breakfast with

664
00:31:16,880 --> 00:31:18,680
Speaker 17: a Vida News talk ZB.

665
00:31:18,920 --> 00:31:20,920
Speaker 2: Here that we run a small to medium sized business

666
00:31:20,920 --> 00:31:24,640
Speaker 2: across tourism, commercial buildings, key we fruit. The economy is stagnant.

667
00:31:25,000 --> 00:31:28,280
Speaker 2: Tourism has crashed for April May June disastrously. The bank's

668
00:31:28,320 --> 00:31:31,840
Speaker 2: ASB brackets are still sticking international rates to US at

669
00:31:31,840 --> 00:31:34,920
Speaker 2: eight point seven percent floating. There is no growth and

670
00:31:34,920 --> 00:31:38,120
Speaker 2: the commercial buildings and those businesses are stagnant. This quarter

671
00:31:38,200 --> 00:31:39,960
Speaker 2: is the worst that we've seen. There is no improvement

672
00:31:40,000 --> 00:31:42,800
Speaker 2: on the horizon. Maybe spring with tourism, maybe if the

673
00:31:42,840 --> 00:31:45,760
Speaker 2: snow comes for Otago the south. The government can see

674
00:31:45,760 --> 00:31:49,320
Speaker 2: the disaster that the economy is. Everyone is talking it up.

675
00:31:49,720 --> 00:31:52,840
Speaker 2: The new depreciation from the budget is just gas lighting business.

676
00:31:52,880 --> 00:31:55,240
Speaker 2: That's remarked now. Mark is by far and away. The

677
00:31:55,280 --> 00:31:58,640
Speaker 2: most negative like that is out the gate negative about

678
00:31:58,640 --> 00:32:04,480
Speaker 2: the economy, but it is only only slightly. It's like

679
00:32:04,760 --> 00:32:07,360
Speaker 2: marginally more negative than what you're hearing if you talk

680
00:32:07,400 --> 00:32:10,040
Speaker 2: to the big businesses right that it is bad out there.

681
00:32:10,320 --> 00:32:12,120
Speaker 2: And I know we're talking about green shoots, green shoots,

682
00:32:12,160 --> 00:32:14,120
Speaker 2: green shoots. Go and find somebody who can tell me

683
00:32:14,880 --> 00:32:18,000
Speaker 2: where the green shoots are and how consistent green shoots.

684
00:32:18,360 --> 00:32:21,480
Speaker 2: Struggling to find them. Anyway, We'll talk to Kellia Cold

685
00:32:21,520 --> 00:32:23,920
Speaker 2: when he's with us shortly. Sounds like we're not the

686
00:32:23,960 --> 00:32:27,320
Speaker 2: only ones wanting the goss on Adrian quitting. Here's the

687
00:32:27,320 --> 00:32:29,240
Speaker 2: fill in Christian hawksby you're.

688
00:32:29,080 --> 00:32:32,040
Speaker 8: Going back a long way now a couple of months ago.

689
00:32:32,080 --> 00:32:36,880
Speaker 8: I think I'm not aware of all of the I

690
00:32:36,920 --> 00:32:39,680
Speaker 8: can't keep track of everything that's in the public domain.

691
00:32:39,760 --> 00:32:41,880
Speaker 8: I know that we are still there's a number of

692
00:32:41,880 --> 00:32:45,960
Speaker 8: official information requests that are still that are with us.

693
00:32:46,600 --> 00:32:50,600
Speaker 8: There have been I don't know the exact number on

694
00:32:50,720 --> 00:32:54,680
Speaker 8: how to scale it, but many, very many. Keeping our

695
00:32:54,760 --> 00:32:58,640
Speaker 8: teams busy. We need to follow a process and consult

696
00:32:58,880 --> 00:33:03,280
Speaker 8: and you know, we're through things to provide accurate information,

697
00:33:03,400 --> 00:33:06,840
Speaker 8: so there will be more information coming out in future.

698
00:33:07,400 --> 00:33:11,000
Speaker 2: Very many requests, many, very many. We can solve this.

699
00:33:11,720 --> 00:33:13,840
Speaker 2: Just tell us what happened and all of those requests

700
00:33:13,880 --> 00:33:15,560
Speaker 2: will go away. Oh see our.

701
00:33:15,440 --> 00:33:28,200
Speaker 6: Next questions, answers, facts, analysis, the drive show you trust

702
00:33:28,360 --> 00:33:29,440
Speaker 6: for the full picture.

703
00:33:29,720 --> 00:33:31,600
Speaker 3: Heather Duplessy on Drive.

704
00:33:31,760 --> 00:33:35,040
Speaker 1: With One New Zealand let's get connected news talks.

705
00:33:35,080 --> 00:33:35,440
Speaker 19: There'd be.

706
00:33:37,640 --> 00:33:40,239
Speaker 2: Afternoon. The Reserve Bank has cut the official cash rate

707
00:33:40,280 --> 00:33:43,320
Speaker 2: by twenty five bases points to three point twenty five percent.

708
00:33:43,440 --> 00:33:46,560
Speaker 2: Inflation still worries them. They're tapping it to rise further

709
00:33:46,600 --> 00:33:48,360
Speaker 2: before the end of this year, but the economy is

710
00:33:48,400 --> 00:33:50,840
Speaker 2: clearly stuffed and will be for a while. Cali Echoled

711
00:33:51,280 --> 00:33:55,520
Speaker 2: is Westpax chief economist, Hi Kelly hilt I'm well, thank you.

712
00:33:55,560 --> 00:33:57,800
Speaker 2: Why did they cut off their expecting inflation to still

713
00:33:57,800 --> 00:33:58,200
Speaker 2: go up.

714
00:33:59,360 --> 00:34:02,280
Speaker 20: Well, I think they're anticipating that inflation is going to

715
00:34:02,280 --> 00:34:05,680
Speaker 20: come back again after we get past this near term

716
00:34:05,760 --> 00:34:08,440
Speaker 20: bump towards the end of the year. They think that

717
00:34:08,880 --> 00:34:12,680
Speaker 20: the unemployment rates still above NAYRU, so that's going to

718
00:34:12,719 --> 00:34:15,680
Speaker 20: be putting some downward pressure on wage growth. They think

719
00:34:15,680 --> 00:34:18,880
Speaker 20: we've got a bit of excess capacity in the economy

720
00:34:18,920 --> 00:34:21,799
Speaker 20: that should bring inflation to heal over time.

721
00:34:22,120 --> 00:34:24,920
Speaker 2: Should they have looked through it, then they.

722
00:34:24,760 --> 00:34:27,799
Speaker 20: Have looked through it, at least to some extent. They're

723
00:34:27,840 --> 00:34:31,000
Speaker 20: certainly not talking about putting interest rates up. But what

724
00:34:31,040 --> 00:34:33,560
Speaker 20: it is telling you, though, is that they're not so

725
00:34:33,560 --> 00:34:36,840
Speaker 20: sure about how much further they need to put interest

726
00:34:36,920 --> 00:34:39,920
Speaker 20: rates down, so that they're just slowing the pace of

727
00:34:39,960 --> 00:34:40,560
Speaker 20: easing a bit.

728
00:34:40,840 --> 00:34:43,160
Speaker 2: Do you think they've done the right thing, given how

729
00:34:43,200 --> 00:34:45,440
Speaker 2: stuff the economy isn't given the fact that they are

730
00:34:45,480 --> 00:34:47,440
Speaker 2: still a handbrake on the economy, should they have gone

731
00:34:47,480 --> 00:34:49,520
Speaker 2: for fifty I.

732
00:34:49,480 --> 00:34:53,520
Speaker 20: Don't think so. I mean, firstly, we have to remember

733
00:34:53,560 --> 00:34:56,960
Speaker 20: that their mandate has been squarely just put on the

734
00:34:57,000 --> 00:35:02,440
Speaker 20: inflation outlook, and the inflation lookers looking a little bit uncomfortable.

735
00:35:02,560 --> 00:35:05,960
Speaker 20: Particularly for the balance of this year. You're basically looking

736
00:35:06,000 --> 00:35:09,560
Speaker 20: at seeing headline inflashing closer to three percent and two percent.

737
00:35:10,760 --> 00:35:13,000
Speaker 20: I'm not so sure that the Reserve Bank is really

738
00:35:13,040 --> 00:35:16,800
Speaker 20: a handbreak on the economy right now either. Interest rates

739
00:35:16,800 --> 00:35:18,960
Speaker 20: have fallen a long way, and you can see some

740
00:35:19,040 --> 00:35:22,759
Speaker 20: evidence of that occurring through many indicators that are out there.

741
00:35:22,800 --> 00:35:25,680
Speaker 20: We're not certainly booming by any stretch of the imagination.

742
00:35:26,680 --> 00:35:29,160
Speaker 20: It does take a while where do you think neutral

743
00:35:29,239 --> 00:35:32,319
Speaker 20: is then, Oh, I've been arguing that it's probably close

744
00:35:32,360 --> 00:35:35,080
Speaker 20: to three point seventy five percent, and we've just sort

745
00:35:35,120 --> 00:35:37,880
Speaker 20: of like dipped through that level now in the last

746
00:35:37,920 --> 00:35:38,760
Speaker 20: couple of meetings.

747
00:35:38,920 --> 00:35:41,040
Speaker 2: Okay, hey, what do you make of the fact that

748
00:35:41,040 --> 00:35:42,080
Speaker 2: they weren't unanimous?

749
00:35:43,320 --> 00:35:47,200
Speaker 20: Well, clearly there is some dissension in the ranks. I

750
00:35:47,560 --> 00:35:51,600
Speaker 20: had expected that we would see signs of increased debate

751
00:35:52,200 --> 00:35:55,239
Speaker 20: in terms of how the outlook would go, but I

752
00:35:55,280 --> 00:35:57,600
Speaker 20: didn't think they'd be very much debate about needing to

753
00:35:57,680 --> 00:36:00,440
Speaker 20: cut rates. Now, the fact that somebody's had to put

754
00:36:00,520 --> 00:36:02,560
Speaker 20: their hand up and say, actually, I just think we

755
00:36:02,600 --> 00:36:05,520
Speaker 20: should wait here tells you that, you know, there was

756
00:36:05,560 --> 00:36:07,440
Speaker 20: a bit more of a wineball call than we were

757
00:36:07,440 --> 00:36:08,160
Speaker 20: all expecting.

758
00:36:08,840 --> 00:36:11,279
Speaker 2: Now, tell me, what, how would you describe the economy right,

759
00:36:11,280 --> 00:36:13,520
Speaker 2: because they've cut their growth forecast even from the last

760
00:36:13,520 --> 00:36:16,479
Speaker 2: time when they met in February. What do you would

761
00:36:16,480 --> 00:36:18,080
Speaker 2: you would you say the economy is stuffed or what

762
00:36:18,120 --> 00:36:19,360
Speaker 2: would you say?

763
00:36:19,560 --> 00:36:22,880
Speaker 20: Well, no, I would say the economy is slowly recovering.

764
00:36:23,920 --> 00:36:27,360
Speaker 20: The Reserve banks revised growth forecasts are more negative in

765
00:36:27,440 --> 00:36:30,720
Speaker 20: our own. That's one of the reasons why they've still

766
00:36:30,760 --> 00:36:34,240
Speaker 20: projecting a need for one more cut and possibly another

767
00:36:34,280 --> 00:36:38,359
Speaker 20: one the course of the rest of this year. It

768
00:36:38,400 --> 00:36:40,520
Speaker 20: remains to be seen, though, whether the economy is really

769
00:36:40,560 --> 00:36:42,520
Speaker 20: going to be as weak as that. I think they're

770
00:36:42,600 --> 00:36:45,600
Speaker 20: really kind of pricing in the possibility that business might

771
00:36:45,680 --> 00:36:47,279
Speaker 20: just take a bit of a step back with the

772
00:36:47,320 --> 00:36:50,040
Speaker 20: global situation looking a bit more uncertain.

773
00:36:50,760 --> 00:36:53,080
Speaker 2: I'm liking your optimism, Kelly. Thank you for that, Kelli,

774
00:36:53,120 --> 00:36:58,000
Speaker 2: your cold chief economist, Whispacgel. Finally, the rules for hairdressers

775
00:36:58,000 --> 00:36:59,880
Speaker 2: are going to change. The government has accepted all of

776
00:36:59,880 --> 00:37:03,400
Speaker 2: the rule change recommendations from the new Ministry for Regulation.

777
00:37:03,480 --> 00:37:05,960
Speaker 2: That includes rules about how far apart the seats can be,

778
00:37:06,480 --> 00:37:09,680
Speaker 2: how bright the lights can be, whether you can serve refreshments,

779
00:37:09,680 --> 00:37:11,640
Speaker 2: whether you can let the dogs come into the hair dresses.

780
00:37:11,680 --> 00:37:14,600
Speaker 2: Haley Ashton is the owner of Ashton and Gray Hair Design.

781
00:37:14,680 --> 00:37:14,919
Speaker 3: Haley.

782
00:37:14,960 --> 00:37:18,120
Speaker 2: Hello, Hi here, how's it going good? Thank you? Are

783
00:37:18,120 --> 00:37:18,600
Speaker 2: you loving this?

784
00:37:19,600 --> 00:37:20,040
Speaker 3: Oh?

785
00:37:20,080 --> 00:37:23,279
Speaker 21: It's quite interesting. It's actually a bit of an interesting read.

786
00:37:23,320 --> 00:37:28,520
Speaker 21: And I've just finished watching the updated video on David Seymour. Yeah,

787
00:37:28,560 --> 00:37:29,560
Speaker 21: I don't know how it's going to go.

788
00:37:29,880 --> 00:37:32,080
Speaker 2: What do you mean, what isn't it? Just aren't we

789
00:37:32,120 --> 00:37:33,600
Speaker 2: all just gonna love it and do what we want

790
00:37:33,640 --> 00:37:33,839
Speaker 2: to do.

791
00:37:35,120 --> 00:37:38,040
Speaker 21: Yeah, I suppose so, But I guess, like from a

792
00:37:38,040 --> 00:37:40,839
Speaker 21: hairdresser's point of view, it's great. Like there are lots

793
00:37:40,880 --> 00:37:44,760
Speaker 21: of silly, silly little rules with regulations in the salon,

794
00:37:44,880 --> 00:37:46,560
Speaker 21: Like I think, I'll just give you one of my

795
00:37:46,560 --> 00:37:49,520
Speaker 21: favorite ones, which is how many basins we need to have?

796
00:37:49,680 --> 00:37:52,920
Speaker 21: So in my small hairdressing salon, I have six chairs,

797
00:37:52,960 --> 00:37:55,279
Speaker 21: and I need to have a basin for washing hair.

798
00:37:55,360 --> 00:37:57,439
Speaker 21: Well two of them. A basin to wash your hands,

799
00:37:57,440 --> 00:37:59,960
Speaker 21: and in the toilet that's fine, a basin to wash

800
00:38:00,080 --> 00:38:02,800
Speaker 21: all of our color bowls out the backwards. Okay, another

801
00:38:02,880 --> 00:38:05,320
Speaker 21: basin if we want to wash all the dishes, all right,

802
00:38:05,400 --> 00:38:08,520
Speaker 21: and then another hair basin to wash our hands. Because

803
00:38:08,520 --> 00:38:09,839
Speaker 21: we have six chairs in the cell.

804
00:38:10,520 --> 00:38:12,520
Speaker 2: Why what does the six chairs mean you have to

805
00:38:12,600 --> 00:38:15,720
Speaker 2: wash your hands? Is it six chairs equals another basin?

806
00:38:16,560 --> 00:38:19,200
Speaker 21: Well, it's ten chairs. Then I'd need to put another

807
00:38:19,320 --> 00:38:19,920
Speaker 21: basin in.

808
00:38:20,040 --> 00:38:23,200
Speaker 2: So that's nutty. Why aren't you loving these rules, chat

809
00:38:23,480 --> 00:38:26,160
Speaker 2: but just being scrapped? I mean that's lunacy, isn't it.

810
00:38:26,400 --> 00:38:26,560
Speaker 22: Oh?

811
00:38:26,719 --> 00:38:28,880
Speaker 21: Yeah, no, things like that, But I guess, like I

812
00:38:28,920 --> 00:38:32,400
Speaker 21: think one of them is the dogs, like we.

813
00:38:33,080 --> 00:38:34,759
Speaker 2: You don't have to say yes to it, Haley. You

814
00:38:34,800 --> 00:38:37,680
Speaker 2: can be like, this is a no no dog hairdresser.

815
00:38:38,000 --> 00:38:40,520
Speaker 21: Exactly, which is really cool. I mean, I've got clients

816
00:38:40,520 --> 00:38:43,200
Speaker 21: and I know are quite afraid of dogs. We actually

817
00:38:43,239 --> 00:38:45,359
Speaker 21: have had someone bring their dog in, sit on their

818
00:38:45,440 --> 00:38:47,439
Speaker 21: lap and then vomit all over our floor.

819
00:38:47,520 --> 00:38:49,279
Speaker 2: Right, But are you are you worried you're going to

820
00:38:49,320 --> 00:38:50,799
Speaker 2: feel pressure to let the dogs in.

821
00:38:51,760 --> 00:38:53,600
Speaker 21: Yeah, I think there might be a little bit of

822
00:38:53,600 --> 00:38:54,640
Speaker 21: that that we know.

823
00:38:54,880 --> 00:38:57,799
Speaker 2: How No, Haley, you just say, look, just say some

824
00:38:57,840 --> 00:38:59,880
Speaker 2: of your clients are scared of dogs, and we'll just

825
00:38:59,880 --> 00:39:04,000
Speaker 2: just say you're gettingressure from us to not do it. Yeah, yeah, totally.

826
00:39:04,040 --> 00:39:05,560
Speaker 21: And there are ways around it which we're not too

827
00:39:05,560 --> 00:39:05,960
Speaker 21: worried about.

828
00:39:06,360 --> 00:39:07,839
Speaker 2: Are you going to change Are you going to change

829
00:39:07,840 --> 00:39:09,000
Speaker 2: how far apart the seats are?

830
00:39:10,000 --> 00:39:10,960
Speaker 23: Absolutely not.

831
00:39:12,680 --> 00:39:15,719
Speaker 21: It's so silly, like it is the whole thing and

832
00:39:15,760 --> 00:39:18,759
Speaker 21: how they measure it is from the center of the

833
00:39:18,920 --> 00:39:21,400
Speaker 21: chair to the next center of the chair. I'm like,

834
00:39:21,440 --> 00:39:23,120
Speaker 21: oh my goodness, and your chairs can be as big

835
00:39:23,160 --> 00:39:27,239
Speaker 21: or small as you want. I'm like, it's so silly. Yeah,

836
00:39:27,280 --> 00:39:27,840
Speaker 21: it's crazy.

837
00:39:27,960 --> 00:39:32,000
Speaker 2: Okay, So tea and coffee is on always has been.

838
00:39:32,160 --> 00:39:34,640
Speaker 21: So a little thing there with the breaking. Just to

839
00:39:34,680 --> 00:39:37,719
Speaker 21: clarify it, I'm know naughty. Just to clarify it is,

840
00:39:38,000 --> 00:39:40,399
Speaker 21: if you are serving tan coffee, which has been fine

841
00:39:40,440 --> 00:39:44,160
Speaker 21: since nineteen eighty, you either need to have a separate dishwasher,

842
00:39:44,200 --> 00:39:46,080
Speaker 21: which I do. I have a mini dish washer hair

843
00:39:46,120 --> 00:39:48,279
Speaker 21: in my cell on, or you need to serve it

844
00:39:48,320 --> 00:39:51,160
Speaker 21: in paper cups. So I have always served ten coffee

845
00:39:51,200 --> 00:39:54,640
Speaker 21: in real cups and it has gone into my real dishwasher.

846
00:39:55,640 --> 00:39:57,640
Speaker 2: Hailey, thank you very much. It sounds a lot less

847
00:39:57,640 --> 00:40:01,080
Speaker 2: complicated now. Hailey Ashton hairdresser and ash In Gray hair design.

848
00:40:01,440 --> 00:40:02,720
Speaker 3: Heather do for Sea Allen.

849
00:40:03,760 --> 00:40:05,840
Speaker 2: Do we need to talk about the dogs? Do we

850
00:40:05,840 --> 00:40:07,359
Speaker 2: need to talk about the dogs? I think we're going

851
00:40:07,360 --> 00:40:08,960
Speaker 2: to talk about the dogs in a minute. Let's talk

852
00:40:08,960 --> 00:40:10,600
Speaker 2: about the dogs in the minute pencil then and we'll

853
00:40:10,760 --> 00:40:14,600
Speaker 2: do it in Just to take Heather, I'm in international religistics.

854
00:40:14,600 --> 00:40:16,359
Speaker 2: I've been waiting a year for the economy to turn.

855
00:40:16,400 --> 00:40:19,319
Speaker 2: It's getting worse out there. I've started redundancies. Heather, be

856
00:40:19,440 --> 00:40:22,040
Speaker 2: patient on the bounce back in the economy. Down in

857
00:40:22,080 --> 00:40:24,640
Speaker 2: the South Island, especially christ Church, things seem upbeat. This

858
00:40:24,760 --> 00:40:27,520
Speaker 2: an air of prosperity. Heither, we also run a small

859
00:40:27,520 --> 00:40:30,560
Speaker 2: tourism accommodation business in Taranaki. Our income last year was

860
00:40:30,680 --> 00:40:34,839
Speaker 2: half the year, no bookings till November. Feels very very

861
00:40:34,920 --> 00:40:37,960
Speaker 2: recessionary here, I can tell you here the green shoots

862
00:40:37,960 --> 00:40:39,640
Speaker 2: at the farm gate milk price and the beef and

863
00:40:39,719 --> 00:40:42,239
Speaker 2: lamb returns. Agri sector absolutely humming at the moment. I

864
00:40:42,280 --> 00:40:44,160
Speaker 2: think that is definitely a bright spot for the economy.

865
00:40:44,840 --> 00:40:47,840
Speaker 2: Banks have moved obviously, as you'd imagine, So yesterday this

866
00:40:47,920 --> 00:40:50,719
Speaker 2: is really the OCA. Yesterday, B and Z moved. This

867
00:40:50,800 --> 00:40:54,320
Speaker 2: morning A and Z moved, and then afterwards A and

868
00:40:54,400 --> 00:40:56,560
Speaker 2: Z after the OCR, A and Z also announced it

869
00:40:56,600 --> 00:40:58,640
Speaker 2: was cutting its floating a home loan, floating business and

870
00:40:58,680 --> 00:41:02,560
Speaker 2: savings rates and by about twenty basis points. So little

871
00:41:02,560 --> 00:41:05,040
Speaker 2: bit of alief come in your way quarter past. Now,

872
00:41:05,080 --> 00:41:06,879
Speaker 2: this would have to be one of the most incredible

873
00:41:07,200 --> 00:41:09,759
Speaker 2: jaw dropping winery clearance deals that you're going to see

874
00:41:09,760 --> 00:41:11,200
Speaker 2: all here, I'm going to cut to the chase for UK.

875
00:41:11,640 --> 00:41:15,440
Speaker 2: There are two clearance wines available tonight, both multi award winning,

876
00:41:15,760 --> 00:41:18,759
Speaker 2: both were never meant to be sold at nine ninety nine,

877
00:41:18,800 --> 00:41:21,759
Speaker 2: but with bloody tough global and domestic economic conditions. Here

878
00:41:21,800 --> 00:41:24,160
Speaker 2: we are. So the deal is available online with the

879
00:41:24,160 --> 00:41:26,200
Speaker 2: guys at the Good Wine Co. Right now, it's visit

880
00:41:26,280 --> 00:41:29,440
Speaker 2: the website. It's the Goodwine dot Co dot z. The

881
00:41:29,520 --> 00:41:32,560
Speaker 2: two wines are Oblix Marlborough saven Bloc twenty twenty three

882
00:41:32,840 --> 00:41:34,600
Speaker 2: and Oblix Rose twenty twenty three.

883
00:41:34,600 --> 00:41:34,719
Speaker 19: Now.

884
00:41:34,760 --> 00:41:37,360
Speaker 2: Oblix is the recently launched wine brand of the legendary

885
00:41:37,400 --> 00:41:40,280
Speaker 2: Sir George for Stonich. He's a pioneer of the industry.

886
00:41:40,560 --> 00:41:42,640
Speaker 2: You'll have to visit the website for the full details

887
00:41:42,840 --> 00:41:45,120
Speaker 2: of the steel. But to repeat these award winning wines,

888
00:41:45,360 --> 00:41:48,560
Speaker 2: they're up for grabs at an utterly gobsmacking nine ninety

889
00:41:48,600 --> 00:41:51,320
Speaker 2: nine per bottle. You take your pick from Crisp dry

890
00:41:51,440 --> 00:41:54,240
Speaker 2: Mouthwatering one hundred percent of its head, a Valley Mrlborough

891
00:41:54,239 --> 00:41:57,640
Speaker 2: Savignon Blanc, or a Crisp Dry Style Rose, both a

892
00:41:57,719 --> 00:41:59,480
Speaker 2: nine ninety nine per bottle. One not grab a case

893
00:41:59,480 --> 00:42:01,560
Speaker 2: of each. By the way, even better, you're gonna pay

894
00:42:01,600 --> 00:42:04,240
Speaker 2: just one dollar per case delivery nationwide if you order tonight.

895
00:42:04,280 --> 00:42:07,279
Speaker 2: Conditions applied. Do not muck around. These nine dollars ninety

896
00:42:07,360 --> 00:42:08,920
Speaker 2: nine deals are gonna fly out the door, So jump

897
00:42:09,000 --> 00:42:11,239
Speaker 2: online to the Goodwine dot co dot m Z or

898
00:42:11,239 --> 00:42:13,239
Speaker 2: give them a call right now. Oh eight hundred double

899
00:42:13,280 --> 00:42:15,120
Speaker 2: six to two, double six to two.

900
00:42:15,000 --> 00:42:17,120
Speaker 3: Would Heather do for Clanshether?

901
00:42:17,200 --> 00:42:20,719
Speaker 2: I would not go to any hairdresser that has dogs there, Heather,

902
00:42:20,760 --> 00:42:23,680
Speaker 2: where's Hayley Salon? I'm go going. I can't stand the dogs.

903
00:42:24,640 --> 00:42:28,960
Speaker 2: Tiata two is it peninsula or South Peninsula? Tap Tiata

904
00:42:29,000 --> 00:42:30,759
Speaker 2: two peninsula and we're going to get to the dogs,

905
00:42:30,760 --> 00:42:33,960
Speaker 2: don't you worry? Nineteen past five. Now it looks like

906
00:42:33,960 --> 00:42:36,680
Speaker 2: the old cinema business is tough. At the moment. New

907
00:42:36,760 --> 00:42:39,800
Speaker 2: Zealand's major cinema chains are posting dire results across the board.

908
00:42:40,000 --> 00:42:43,120
Speaker 2: Australian owned hosts profit was down eighty percent. Event Cinemas

909
00:42:43,120 --> 00:42:45,600
Speaker 2: made an even bigger loss than last year. Now. Roger

910
00:42:45,640 --> 00:42:48,040
Speaker 2: Wiley is the co owner of Capital Cinemas on Demnye

911
00:42:48,080 --> 00:42:51,200
Speaker 2: Road in Auckland with us. Now, Hey, Roger, Hey, how

912
00:42:51,200 --> 00:42:53,200
Speaker 2: are you well? Thank you? What's going wrong?

913
00:42:54,280 --> 00:42:57,600
Speaker 22: What's coming wrong? Well, there was a thing called COVID,

914
00:42:57,640 --> 00:43:02,920
Speaker 22: and then there was a right shall strike and basically

915
00:43:03,440 --> 00:43:05,239
Speaker 22: things kind of haven't come back since then.

916
00:43:07,320 --> 00:43:10,960
Speaker 2: Still still Hollywood still not pumping out any good movies.

917
00:43:11,520 --> 00:43:12,320
Speaker 22: No, not really.

918
00:43:13,520 --> 00:43:13,960
Speaker 2: Why not?

919
00:43:15,239 --> 00:43:15,719
Speaker 3: Why not?

920
00:43:15,960 --> 00:43:21,640
Speaker 22: Well, that's the ten million dollar question. Well, also audiences

921
00:43:21,640 --> 00:43:22,720
Speaker 22: aren't coming back either.

922
00:43:22,840 --> 00:43:25,520
Speaker 2: That's the audiences aren't going to come back if there

923
00:43:25,520 --> 00:43:28,520
Speaker 2: aren't any good movies to see, are they Well.

924
00:43:28,239 --> 00:43:31,839
Speaker 22: There is good movies to say, they're not coming back

925
00:43:31,880 --> 00:43:38,399
Speaker 22: like they were. So we're probably don forty on free

926
00:43:38,520 --> 00:43:43,040
Speaker 22: COVID with people coming through the door. So people are

927
00:43:43,040 --> 00:43:44,959
Speaker 22: coming through the door, but they're not actually they're buying

928
00:43:45,000 --> 00:43:47,839
Speaker 22: a ticket and they're not spending anything else apart from

929
00:43:47,880 --> 00:43:53,239
Speaker 22: that ticket, or they are coming to one off kind

930
00:43:53,239 --> 00:43:56,120
Speaker 22: of special events that type of things. So we've kind

931
00:43:56,120 --> 00:43:58,520
Speaker 22: of changed our model a little bit. We're doing more

932
00:43:58,600 --> 00:44:02,879
Speaker 22: kind of event screenings and things like that to try

933
00:44:02,880 --> 00:44:07,080
Speaker 22: and reinvigorate or his habits so that you know, we've

934
00:44:07,080 --> 00:44:09,680
Speaker 22: got some longevity in and because we really believe in

935
00:44:09,719 --> 00:44:13,040
Speaker 22: the industry and we just want it to work.

936
00:44:13,080 --> 00:44:15,080
Speaker 5: So we've kept all our prices down.

937
00:44:15,200 --> 00:44:19,600
Speaker 22: We've tried to absorb as much costs as possible because

938
00:44:19,600 --> 00:44:22,719
Speaker 22: you know, we believe that it should be accessible to everybody.

939
00:44:23,360 --> 00:44:25,839
Speaker 22: And we've got one of the cheapest tickets in town

940
00:44:26,080 --> 00:44:27,319
Speaker 22: fifteen dollars.

941
00:44:27,000 --> 00:44:29,399
Speaker 2: And fifteen dollars for an adult.

942
00:44:30,000 --> 00:44:31,879
Speaker 22: Yeah, yeah, yeah, that's pretty good.

943
00:44:32,000 --> 00:44:33,560
Speaker 2: I went to the movies. The other took the three

944
00:44:33,600 --> 00:44:34,920
Speaker 2: year old to the movies for the first time. I

945
00:44:34,960 --> 00:44:37,520
Speaker 2: paid nineteen bucks for myself, so fifteen sounds like a

946
00:44:37,560 --> 00:44:37,959
Speaker 2: good deal.

947
00:44:39,160 --> 00:44:41,400
Speaker 22: Well, you know, two of you go out to one

948
00:44:41,400 --> 00:44:42,960
Speaker 22: of the big changes and you're looking at one hundred

949
00:44:43,000 --> 00:44:45,480
Speaker 22: bucks by the time you parked and brought your popcorn.

950
00:44:47,000 --> 00:44:47,239
Speaker 3: Point.

951
00:44:47,400 --> 00:44:52,680
Speaker 22: So we kind of believe that. We knew it was

952
00:44:52,680 --> 00:44:55,319
Speaker 22: never going to be a hugely profitable business, but we

953
00:44:55,360 --> 00:44:58,399
Speaker 22: wanted to make it accessible because you know, my other

954
00:44:58,440 --> 00:45:01,840
Speaker 22: two business partners, we have a love for that cinema

955
00:45:02,000 --> 00:45:05,000
Speaker 22: and it'd be such a shame to see cinemas like

956
00:45:05,080 --> 00:45:09,560
Speaker 22: that go from suburbs around New Zealand, which we all

957
00:45:09,640 --> 00:45:11,000
Speaker 22: kind of grew up with. You know, we've all got

958
00:45:11,000 --> 00:45:15,279
Speaker 22: those memories of Zappa's and the short films that used

959
00:45:15,320 --> 00:45:18,759
Speaker 22: to play before films, and yeah, the pre shows were

960
00:45:18,920 --> 00:45:19,399
Speaker 22: great fun.

961
00:45:19,880 --> 00:45:21,520
Speaker 2: Roger beast of luck with it. I really hope that

962
00:45:21,520 --> 00:45:23,759
Speaker 2: the audiences do come back. This Roger Wileye Capital Cinema

963
00:45:23,840 --> 00:45:26,200
Speaker 2: co owner, actually some interesting facts around what is going

964
00:45:26,200 --> 00:45:27,640
Speaker 2: wrong there. I'm going to run you through it before

965
00:45:27,640 --> 00:45:29,239
Speaker 2: the end of this hour. It's five twenty two.

966
00:45:30,719 --> 00:45:34,120
Speaker 1: Checking the point of the story, it's hither duplicy Eland

967
00:45:34,160 --> 00:45:38,240
Speaker 1: drive with one New Zealand let's get connected and news talks.

968
00:45:38,239 --> 00:45:39,160
Speaker 3: They'd be heather.

969
00:45:39,200 --> 00:45:41,640
Speaker 2: We're a manufacturing company in Auckland. We are flat out

970
00:45:41,640 --> 00:45:43,680
Speaker 2: looking at employing staff and have bought a new plants

971
00:45:43,760 --> 00:45:46,640
Speaker 2: us a mixed bag out there economically, isn't it? Twenty

972
00:45:46,719 --> 00:45:48,960
Speaker 2: four past five? Now? Look, I think the Prime Minister's

973
00:45:48,960 --> 00:45:51,320
Speaker 2: actually nailed it when he says the solution to dealing

974
00:45:51,320 --> 00:45:54,440
Speaker 2: with this run it nonsense is just to take personal responsibility.

975
00:45:54,920 --> 00:45:56,680
Speaker 2: I think that's the only way. I mean, we can't

976
00:45:56,719 --> 00:45:58,840
Speaker 2: ban it, can we. I know people want to appeal

977
00:45:58,880 --> 00:46:01,560
Speaker 2: to a higher authority, come and fix the situation for

978
00:46:01,760 --> 00:46:04,280
Speaker 2: us so that no more young men die are necessarily

979
00:46:04,320 --> 00:46:07,160
Speaker 2: from running into each other and knocking their brains. But

980
00:46:07,280 --> 00:46:08,880
Speaker 2: let's be honest about it. A ban is not going

981
00:46:08,920 --> 00:46:10,480
Speaker 2: to fix anything. I mean, what are you actually going

982
00:46:10,520 --> 00:46:13,080
Speaker 2: to ban? Are you going to ban running at each other?

983
00:46:13,520 --> 00:46:15,840
Speaker 2: In which case, what do we do about rugby or

984
00:46:15,920 --> 00:46:20,279
Speaker 2: league or bull rush or football and all of those

985
00:46:20,280 --> 00:46:22,440
Speaker 2: games people run at each other? Are you going to

986
00:46:22,520 --> 00:46:25,520
Speaker 2: ban venues from hosting run at style events? I mean

987
00:46:25,560 --> 00:46:27,680
Speaker 2: that could work. You could effectively ban them. But all

988
00:46:27,680 --> 00:46:29,080
Speaker 2: that's going to happen is that the people who want

989
00:46:29,080 --> 00:46:30,960
Speaker 2: to do these things are going to take their events elsewhere,

990
00:46:31,400 --> 00:46:33,279
Speaker 2: and maybe they're going to take them to a backyard.

991
00:46:33,640 --> 00:46:34,360
Speaker 13: And that is no.

992
00:46:34,440 --> 00:46:37,640
Speaker 2: Protection, is it. As we've learned in palmest North, are

993
00:46:37,640 --> 00:46:40,560
Speaker 2: we going to three threaten maybe legal action against someone

994
00:46:40,560 --> 00:46:43,239
Speaker 2: who organizes a run at style event, in which case,

995
00:46:43,239 --> 00:46:45,400
Speaker 2: won't they just simply change the name, will tweak the

996
00:46:45,480 --> 00:46:46,840
Speaker 2: rules a little bit so they can call it a

997
00:46:46,840 --> 00:46:48,879
Speaker 2: new game and says that's actually not run it, that's

998
00:46:48,880 --> 00:46:52,360
Speaker 2: something else. Altogether. Let's face it, you cannot legal action

999
00:46:52,840 --> 00:46:54,920
Speaker 2: your way out of something like this, right. People are always

1000
00:46:54,840 --> 00:46:56,520
Speaker 2: going to find a way to do something risky if

1001
00:46:56,560 --> 00:46:59,200
Speaker 2: they want to, and they do want to, especially young men.

1002
00:46:59,200 --> 00:47:01,759
Speaker 2: They want to take risks. They've done it forever. They've

1003
00:47:01,760 --> 00:47:05,200
Speaker 2: played wrestling games, they've jumped off high things into pools,

1004
00:47:05,440 --> 00:47:08,719
Speaker 2: they've driven cars too fast. Now they run at each other.

1005
00:47:09,080 --> 00:47:11,279
Speaker 2: You can't ban every single risk that's out. They're the

1006
00:47:11,280 --> 00:47:13,520
Speaker 2: only thing that you can actually do here is to

1007
00:47:13,560 --> 00:47:17,200
Speaker 2: take personal responsibility for yourself and talk to your young

1008
00:47:17,239 --> 00:47:18,920
Speaker 2: people and hope that they listen.

1009
00:47:19,440 --> 00:47:20,680
Speaker 3: Heather do for see Allen.

1010
00:47:21,040 --> 00:47:22,719
Speaker 2: Now, this is not the view that is shared by

1011
00:47:22,800 --> 00:47:25,520
Speaker 2: a lawyer called Matt Goodwin, who is going to be

1012
00:47:25,560 --> 00:47:27,120
Speaker 2: with us after the headlines. He's going to talk us

1013
00:47:27,160 --> 00:47:28,960
Speaker 2: through well. I mean, I might be putting words in

1014
00:47:28,960 --> 00:47:30,720
Speaker 2: his mouth, so let him. Let him speak for himself

1015
00:47:30,719 --> 00:47:32,840
Speaker 2: about what we can do about this. Okay, Heather, a

1016
00:47:32,880 --> 00:47:35,839
Speaker 2: dog was right beside me at the boat Shed cafe Queenstown.

1017
00:47:36,280 --> 00:47:39,439
Speaker 2: It drooled and on me while I was eating my meal,

1018
00:47:39,440 --> 00:47:40,759
Speaker 2: and the owner just said, be a good boy.

1019
00:47:40,760 --> 00:47:41,280
Speaker 15: It was awful.

1020
00:47:41,320 --> 00:47:43,600
Speaker 2: I love animals, but they're not humans or babies. Theres

1021
00:47:43,600 --> 00:47:46,080
Speaker 2: a lot of owners think, Heather, no dogs caps so

1022
00:47:46,080 --> 00:47:48,960
Speaker 2: Donald Trump texting me no dogs at the airdresser please,

1023
00:47:49,960 --> 00:47:53,400
Speaker 2: et cetera, et cetera. So anyway, I read about four

1024
00:47:53,480 --> 00:47:55,640
Speaker 2: or five days ago there was a piece in the

1025
00:47:55,680 --> 00:47:59,000
Speaker 2: papers and the title was I don't like dogs and

1026
00:47:59,040 --> 00:48:02,160
Speaker 2: the anti dog camp is bigger than you imagine. And

1027
00:48:02,200 --> 00:48:04,520
Speaker 2: I was reading it and this is It's written by

1028
00:48:04,560 --> 00:48:07,440
Speaker 2: Amanda Crop. And Amanda says, our problem is that the

1029
00:48:07,440 --> 00:48:10,040
Speaker 2: New Zealand dog population is growing. It has now surpassed

1030
00:48:10,080 --> 00:48:13,360
Speaker 2: eight hundred thousand, and with dogs increasingly treated like humans,

1031
00:48:13,400 --> 00:48:16,000
Speaker 2: they are harder to avoid. They are welcomed into hospital

1032
00:48:16,000 --> 00:48:18,680
Speaker 2: premises and shops and workplaces and on some public transport.

1033
00:48:18,719 --> 00:48:21,440
Speaker 2: And it got me thinking, if you are a business

1034
00:48:21,480 --> 00:48:25,840
Speaker 2: welcoming dogs in maybe Amanda's right. Maybe you don't realize

1035
00:48:25,840 --> 00:48:28,719
Speaker 2: how many people don't like dogs. So you're while you're

1036
00:48:28,719 --> 00:48:31,560
Speaker 2: opening yourself up to a new I guess group of

1037
00:48:31,600 --> 00:48:33,840
Speaker 2: people who could come into your business, you're also shutting

1038
00:48:33,880 --> 00:48:35,960
Speaker 2: the door to a bunch of others. And is it

1039
00:48:36,040 --> 00:48:38,640
Speaker 2: that smart, Because, to be honest with you, I don't

1040
00:48:38,680 --> 00:48:41,440
Speaker 2: really like dogs and I probably will avoid headlines.

1041
00:48:41,480 --> 00:48:49,280
Speaker 1: Next, after making the news, the newsmakers talk to Heather.

1042
00:48:49,400 --> 00:48:49,720
Speaker 3: First.

1043
00:48:49,960 --> 00:48:53,280
Speaker 1: It's Heather due to clan drive with one New Zealand,

1044
00:48:53,640 --> 00:48:55,440
Speaker 1: let's get connected and news dogs.

1045
00:48:55,440 --> 00:48:55,839
Speaker 3: They'd be.

1046
00:49:00,160 --> 00:49:05,560
Speaker 2: Oh true, Heather, I'm learning what Dave says Heather. The

1047
00:49:05,640 --> 00:49:07,960
Speaker 2: running game is not the issue. It's the over the

1048
00:49:08,000 --> 00:49:12,120
Speaker 2: top regulations that stop children from learning hazards and helicopter parents,

1049
00:49:12,120 --> 00:49:15,240
Speaker 2: et cetera. It does not allow children to climb, to fall,

1050
00:49:15,360 --> 00:49:17,560
Speaker 2: to play physical games to learn their own limits as

1051
00:49:17,600 --> 00:49:19,560
Speaker 2: to what is safe and what doesn't hurt. From Big Dave,

1052
00:49:19,920 --> 00:49:23,080
Speaker 2: Big Dave is on the Money twenty four Away from

1053
00:49:23,120 --> 00:49:25,239
Speaker 2: Sex oh, by the way, wait till you hear what

1054
00:49:25,280 --> 00:49:26,800
Speaker 2: the older Yeah, you know how they came for you,

1055
00:49:26,880 --> 00:49:28,800
Speaker 2: KII save it. Wait till you hear what the MPs

1056
00:49:28,840 --> 00:49:31,080
Speaker 2: are doing to their own Now. As we just discussed

1057
00:49:31,120 --> 00:49:33,359
Speaker 2: a little bit earlier, there are calls for bands after

1058
00:49:33,400 --> 00:49:35,920
Speaker 2: the death of that Parmeston North boy in a private

1059
00:49:36,000 --> 00:49:38,279
Speaker 2: run at style event. Police have said they're not going

1060
00:49:38,320 --> 00:49:41,040
Speaker 2: to be launching a criminal investigation. Matthew Goodwin is a

1061
00:49:41,080 --> 00:49:42,560
Speaker 2: criminal lawyer at Goodwin Law.

1062
00:49:42,600 --> 00:49:45,120
Speaker 9: Ho Matt Hi there, how are you, Heather?

1063
00:49:45,400 --> 00:49:47,480
Speaker 2: Very well? Thank you? Now are you surprised at all

1064
00:49:47,520 --> 00:49:49,640
Speaker 2: that the cops are not launching a criminal investigation?

1065
00:49:51,840 --> 00:49:55,799
Speaker 9: Yes, i am. I think the decision lots of investigates

1066
00:49:55,840 --> 00:50:02,440
Speaker 9: being made very quickly and it doesn't seem to have

1067
00:50:03,400 --> 00:50:06,279
Speaker 9: regard to perhaps all of the surrounding issues that need

1068
00:50:06,320 --> 00:50:09,520
Speaker 9: to be looked at. I think the first thing that

1069
00:50:09,600 --> 00:50:13,120
Speaker 9: surprised me about your interview with District Commander Grantham last

1070
00:50:13,200 --> 00:50:19,400
Speaker 9: night was the issue of what caused Brian's death. You

1071
00:50:19,480 --> 00:50:24,160
Speaker 9: asked and what the deceased or Ryan Sethwaite had banged

1072
00:50:24,160 --> 00:50:29,120
Speaker 9: his head into and District Commander Grantham said he hadn't

1073
00:50:29,160 --> 00:50:32,120
Speaker 9: banged his head into anything solid. It was the movement

1074
00:50:32,200 --> 00:50:35,839
Speaker 9: of his head. You asked whether that sounded like whiplash,

1075
00:50:35,920 --> 00:50:37,880
Speaker 9: and he said, well, he wasn't a doctor, so he

1076
00:50:37,920 --> 00:50:41,600
Speaker 9: couldn't comment on that. So it appears to be some uncertainty,

1077
00:50:41,600 --> 00:50:44,279
Speaker 9: at least on behalf of the police, as to what

1078
00:50:44,400 --> 00:50:50,040
Speaker 9: the basic mechanics of causation were of the death. You

1079
00:50:50,040 --> 00:50:53,960
Speaker 9: would think that if you would think if his head

1080
00:50:54,040 --> 00:50:57,840
Speaker 9: moved back in a rapid and forceful motion, that it

1081
00:50:57,920 --> 00:51:03,040
Speaker 9: must have come into collision with some part of his opponent.

1082
00:51:03,880 --> 00:51:04,160
Speaker 3: So that.

1083
00:51:05,719 --> 00:51:11,040
Speaker 9: Doesn't seem to have been clearly acknowledged or perhaps explored

1084
00:51:11,080 --> 00:51:11,840
Speaker 9: by the police.

1085
00:51:12,520 --> 00:51:16,200
Speaker 2: So from what I understand that they are going to investigate,

1086
00:51:16,239 --> 00:51:19,960
Speaker 2: but only in order to assist the coroner. Right if

1087
00:51:19,960 --> 00:51:22,319
Speaker 2: they went down the path of a criminal investigation, then

1088
00:51:22,360 --> 00:51:25,040
Speaker 2: that would be because they think somebody should be changed.

1089
00:51:25,160 --> 00:51:27,600
Speaker 2: And do you think somebody should be charged or that

1090
00:51:27,600 --> 00:51:29,040
Speaker 2: should even be a consideration here.

1091
00:51:32,280 --> 00:51:35,560
Speaker 9: I don't think it's easy for us, without knowing all

1092
00:51:35,600 --> 00:51:37,680
Speaker 9: of the facts, to be able to say whether somebody

1093
00:51:37,760 --> 00:51:40,839
Speaker 9: should be charged in the situation, and the police will

1094
00:51:40,880 --> 00:51:43,879
Speaker 9: have more facts than us, or at least have more

1095
00:51:43,920 --> 00:51:50,040
Speaker 9: access to investigated tools to work that out. Having said that, though,

1096
00:51:51,320 --> 00:51:56,879
Speaker 9: it does seem a situation where both people have participated

1097
00:51:56,880 --> 00:52:05,399
Speaker 9: in this have basically gone run along a certain track

1098
00:52:05,520 --> 00:52:09,799
Speaker 9: or distance and by some body messes colliding with each other,

1099
00:52:10,440 --> 00:52:14,800
Speaker 9: and you would think that most people would realize that

1100
00:52:14,800 --> 00:52:17,879
Speaker 9: there's a serious risk of bodily injury or possibly even

1101
00:52:17,920 --> 00:52:21,440
Speaker 9: death if that was to occur, and so on, assuming

1102
00:52:21,480 --> 00:52:26,839
Speaker 9: that risk, I think the question is whether whether that's

1103
00:52:26,840 --> 00:52:31,480
Speaker 9: something that's acceptable, whether it's whether it can be regarded

1104
00:52:31,520 --> 00:52:34,600
Speaker 9: as a sport, whether are enough rules, and if there

1105
00:52:34,640 --> 00:52:39,080
Speaker 9: aren't enough rules or guidelines, or one of the participants

1106
00:52:39,160 --> 00:52:43,600
Speaker 9: moves outside of the rules, then we've got a real

1107
00:52:43,640 --> 00:52:47,759
Speaker 9: problem here. I think we've got potentially criminal liability. And

1108
00:52:47,800 --> 00:52:51,200
Speaker 9: if it's just in the backyard where in this case,

1109
00:52:51,239 --> 00:52:54,839
Speaker 9: I think the morning after twenty first and some young

1110
00:52:54,920 --> 00:52:57,719
Speaker 9: lads have decided to give it a go, and that

1111
00:52:57,800 --> 00:53:00,800
Speaker 9: seems to be assuming an awful amount of risk, awful

1112
00:53:00,840 --> 00:53:05,640
Speaker 9: lot of risk, and one would expect that they are

1113
00:53:05,719 --> 00:53:08,600
Speaker 9: under safeguards there that there might be in something a

1114
00:53:08,640 --> 00:53:10,880
Speaker 9: little bit better organized. There isn't going to be a

1115
00:53:11,480 --> 00:53:15,239
Speaker 9: medical on on the sideline, there isn't going to be

1116
00:53:15,280 --> 00:53:19,839
Speaker 9: a referee, There may not be sensible decisions being made

1117
00:53:19,880 --> 00:53:22,800
Speaker 9: about whether the two people are in a thick condition

1118
00:53:22,880 --> 00:53:25,080
Speaker 9: to actually do this on the morning after twenty first,

1119
00:53:25,120 --> 00:53:27,880
Speaker 9: when they might still be suffering the effects of a

1120
00:53:28,520 --> 00:53:34,239
Speaker 9: hard night on the alcohol. So there seem to be

1121
00:53:34,320 --> 00:53:37,440
Speaker 9: all the sort of I suppose, all the trappings and

1122
00:53:37,600 --> 00:53:40,319
Speaker 9: dangers of something that could go wrong, which is what's

1123
00:53:40,360 --> 00:53:43,560
Speaker 9: been forecast by medical experts I think for the last

1124
00:53:43,600 --> 00:53:44,080
Speaker 9: few weeks.

1125
00:53:44,160 --> 00:53:46,040
Speaker 2: Yeah, Matt, thanks very much for talking us through. That's

1126
00:53:46,040 --> 00:53:48,800
Speaker 2: Matt Goodwin, criminal lawyer, twenty away from six.

1127
00:53:49,320 --> 00:53:53,040
Speaker 1: The Huddle with New Zealand Southeby's International Realty Find You're.

1128
00:53:52,960 --> 00:53:56,040
Speaker 2: One of a Kind Huddle this evening. Jordan Williams, Taxpayers Union,

1129
00:53:56,120 --> 00:53:57,920
Speaker 2: Jack Tame, host of Q and A and Saturday Morning's

1130
00:53:57,960 --> 00:54:02,799
Speaker 2: high Lands. Jack Jordan the ocr is it about right?

1131
00:54:05,120 --> 00:54:06,280
Speaker 1: Yeah, it was certainly.

1132
00:54:06,520 --> 00:54:08,640
Speaker 24: I mean it was five to one vote, but it

1133
00:54:08,680 --> 00:54:12,320
Speaker 24: was in line with expectations. I thought that the most

1134
00:54:12,320 --> 00:54:17,960
Speaker 24: significant thing was how much more pessimistic the Reserve bankers

1135
00:54:18,040 --> 00:54:22,920
Speaker 24: and compared to Treasury's numbers last week in the budget

1136
00:54:23,000 --> 00:54:27,959
Speaker 24: economic update around projected growth. I mean, Treasury have to

1137
00:54:28,000 --> 00:54:31,600
Speaker 24: put their numbers to bed back in April, but that

1138
00:54:32,080 --> 00:54:35,000
Speaker 24: would suggest that the government's books are going to be

1139
00:54:35,360 --> 00:54:38,640
Speaker 24: it's going to be even harder to hit this sort

1140
00:54:38,640 --> 00:54:43,040
Speaker 24: of non surplus under the Nicola Willis's pretend new measure

1141
00:54:43,440 --> 00:54:46,799
Speaker 24: on what a surpluses in twenty twenty nine. I think

1142
00:54:46,840 --> 00:54:51,000
Speaker 24: that's the main one around the inflationary expectations. It seems

1143
00:54:51,000 --> 00:54:53,040
Speaker 24: that it's just that the talk of all the news

1144
00:54:53,080 --> 00:54:55,600
Speaker 24: of highering higher prices in the US seems to be

1145
00:54:55,800 --> 00:54:58,240
Speaker 24: flying through it year. It seems to be perception not reality.

1146
00:54:58,360 --> 00:55:00,719
Speaker 2: Yeah, that's what I took a away from it as well,

1147
00:55:00,800 --> 00:55:02,800
Speaker 2: Jack was just how stuff the economy is in.

1148
00:55:03,680 --> 00:55:06,960
Speaker 10: Yeah, and it just sort of feels like progress is there,

1149
00:55:07,040 --> 00:55:10,200
Speaker 10: but it's just incredibly slow and kind of barely measures

1150
00:55:10,200 --> 00:55:12,360
Speaker 10: at the moment, like yep, yeah, yeah, we know things

1151
00:55:12,440 --> 00:55:15,760
Speaker 10: are improving, but you know, the whole survive to twenty

1152
00:55:15,800 --> 00:55:18,240
Speaker 10: five has been pushed back almost as far as Nicola

1153
00:55:18,239 --> 00:55:20,279
Speaker 10: Willis's surpluses. I mean, I thought it was a pretty

1154
00:55:20,280 --> 00:55:24,680
Speaker 10: straight that today. You know that the uncertainty in the

1155
00:55:24,800 --> 00:55:27,359
Speaker 10: US is obviously kind of has the potential to throw

1156
00:55:27,400 --> 00:55:29,960
Speaker 10: a spanner in the works for growth projections and also

1157
00:55:30,040 --> 00:55:33,120
Speaker 10: all sorts of other metrics in the months and years

1158
00:55:33,160 --> 00:55:36,520
Speaker 10: to come. But yeah, I just think we are not

1159
00:55:36,719 --> 00:55:38,799
Speaker 10: out of the woods yet. We're still in a pretty

1160
00:55:38,840 --> 00:55:42,880
Speaker 10: vulnerable position, and yet that return to surplus and you know,

1161
00:55:43,040 --> 00:55:46,160
Speaker 10: sustained period of really healthy economic growth still looks a

1162
00:55:46,160 --> 00:55:47,040
Speaker 10: long long way away.

1163
00:55:47,160 --> 00:55:49,520
Speaker 2: Yeah very much there, Yeah, go go Jordan.

1164
00:55:49,640 --> 00:55:53,800
Speaker 24: Oh there's a really good interview. I mean it certainly

1165
00:55:53,840 --> 00:55:58,200
Speaker 24: wasn't Tame Jack on Sunday on growth and the very

1166
00:55:58,239 --> 00:56:01,839
Speaker 24: poor growth numbers of you know, clearly not catching up

1167
00:56:01,840 --> 00:56:03,040
Speaker 24: with Australia that Jack did.

1168
00:56:03,320 --> 00:56:05,960
Speaker 2: And I can't get past what you just called him

1169
00:56:05,960 --> 00:56:07,800
Speaker 2: as he and nickname for him.

1170
00:56:08,200 --> 00:56:10,520
Speaker 24: Well, well, I mean the great thing about that this

1171
00:56:10,640 --> 00:56:12,160
Speaker 24: is like I know we're supposed to be talking about

1172
00:56:12,360 --> 00:56:16,040
Speaker 24: movies later, but it's got cool viewing because the thing

1173
00:56:16,080 --> 00:56:18,239
Speaker 24: is is you just stay so calm and gently sort

1174
00:56:18,280 --> 00:56:21,520
Speaker 24: of through it. And normally we're used to sort of

1175
00:56:21,520 --> 00:56:24,400
Speaker 24: seeing media and clearly not on this show, but you know,

1176
00:56:24,520 --> 00:56:27,640
Speaker 24: listening and watching media interviews where the interviewer is getting

1177
00:56:27,640 --> 00:56:31,400
Speaker 24: progressively more aggressive and worked up, whereas Check you just

1178
00:56:31,440 --> 00:56:32,759
Speaker 24: sort of was so calm and it might have been

1179
00:56:32,760 --> 00:56:34,719
Speaker 24: because you had a cold. That I think I've now

1180
00:56:34,719 --> 00:56:40,120
Speaker 24: picked up is and it's Nikola willis getting progressively more upset.

1181
00:56:41,040 --> 00:56:42,759
Speaker 2: Jack, did you have a cold because I thought you

1182
00:56:42,800 --> 00:56:43,680
Speaker 2: had a cold as well.

1183
00:56:44,320 --> 00:56:45,960
Speaker 10: Oh yeah I had. I had a really bad cold

1184
00:56:46,000 --> 00:56:49,280
Speaker 10: last week. Honestly, Thank goodness, was pseudoephedrine, Like it's really changed.

1185
00:56:49,320 --> 00:56:52,799
Speaker 2: I know, a legal why is a wonderful thing, did

1186
00:56:52,840 --> 00:56:53,040
Speaker 2: you know?

1187
00:56:53,160 --> 00:56:55,799
Speaker 10: But it does make you feel a little like take

1188
00:56:55,800 --> 00:56:57,560
Speaker 10: it this point this way. I can see how they

1189
00:56:57,600 --> 00:57:00,919
Speaker 10: make meth out of it, like I was then, Yeah, yeah,

1190
00:57:01,280 --> 00:57:02,920
Speaker 10: but I was yeah, yeah, I mean, I just it

1191
00:57:03,000 --> 00:57:06,240
Speaker 10: is curious, right to get all this language about growth, growth, growth,

1192
00:57:06,680 --> 00:57:10,160
Speaker 10: and you know, if if you look at those growth forecasts,

1193
00:57:10,200 --> 00:57:12,319
Speaker 10: I think we can all agree that growth forecasting is

1194
00:57:12,520 --> 00:57:15,400
Speaker 10: a bit tricky at the best of times and generally

1195
00:57:16,640 --> 00:57:19,040
Speaker 10: not super accurate. But all those growth forecasts over the

1196
00:57:19,080 --> 00:57:22,720
Speaker 10: last eighteen months have have kind of consistently deteriorated. Whether

1197
00:57:22,720 --> 00:57:25,200
Speaker 10: it's a reserve bank or or the government. You look

1198
00:57:25,200 --> 00:57:27,160
Speaker 10: at the borrowing rates. I mean, they say the previous

1199
00:57:27,200 --> 00:57:29,200
Speaker 10: government was addicted to spending. You look at you know,

1200
00:57:29,240 --> 00:57:31,120
Speaker 10: look at the discovernments.

1201
00:57:30,640 --> 00:57:33,800
Speaker 3: On borrow.

1202
00:57:34,960 --> 00:57:36,920
Speaker 10: Well, if you look at you know, I'm always interested

1203
00:57:36,920 --> 00:57:40,560
Speaker 10: in separating language from fact, and you know, it's yeah, yeah,

1204
00:57:40,680 --> 00:57:42,439
Speaker 10: and that's not to say we don't want to see

1205
00:57:42,480 --> 00:57:44,880
Speaker 10: economic growth, but you know that that. I think today's

1206
00:57:44,920 --> 00:57:46,680
Speaker 10: data has kind of underscored things once again.

1207
00:57:46,760 --> 00:57:48,200
Speaker 15: It's a long way off, all right, we'll.

1208
00:57:48,080 --> 00:57:51,440
Speaker 2: Take about come back shortly sixteen away from six the.

1209
00:57:51,440 --> 00:57:54,480
Speaker 3: Huddle with New Zealand South Beast International.

1210
00:57:53,960 --> 00:57:57,280
Speaker 1: Realty achieve extraordinary results with unparallel reach.

1211
00:57:57,760 --> 00:57:59,840
Speaker 2: Right, you're back with a huddle, Jack Tam Jordan Williams

1212
00:57:59,840 --> 00:58:02,040
Speaker 2: of the Now the Taxpayer's Union Jordan Williams is outfit

1213
00:58:02,120 --> 00:58:04,080
Speaker 2: has released something that you might be interested in. Okay,

1214
00:58:04,160 --> 00:58:06,920
Speaker 2: so you know your Keiwi savers been tinkered with the

1215
00:58:06,920 --> 00:58:08,880
Speaker 2: government's taking money off. It will get a load of

1216
00:58:08,920 --> 00:58:13,360
Speaker 2: what happens to MPs. MPs can contribute up to eight

1217
00:58:13,440 --> 00:58:16,840
Speaker 2: percent of their pay and the taxpayer, you and I

1218
00:58:17,000 --> 00:58:20,760
Speaker 2: will contribute twenty percent. So it can be for a

1219
00:58:20,800 --> 00:58:22,920
Speaker 2: back bench you paid one hundred and seventy thousand as

1220
00:58:23,000 --> 00:58:25,080
Speaker 2: much as thirty four thousand dollars a year that we're

1221
00:58:25,120 --> 00:58:28,680
Speaker 2: chucking in this in their Kiwi savers. Jordan, that's outrageous,

1222
00:58:28,800 --> 00:58:29,200
Speaker 2: isn't it.

1223
00:58:29,880 --> 00:58:31,520
Speaker 24: We just said what's good for the goose is good

1224
00:58:31,520 --> 00:58:33,480
Speaker 24: for the gander, and I see that all the MP's

1225
00:58:33,520 --> 00:58:35,520
Speaker 24: have said, oh this is outrageous. You know, it's independently

1226
00:58:35,560 --> 00:58:38,040
Speaker 24: said and stuff like that. Look, reasonable minds can differ

1227
00:58:38,080 --> 00:58:40,440
Speaker 24: on how much you should pay inmpeas because the can

1228
00:58:40,520 --> 00:58:41,960
Speaker 24: be an argument that you want to pay to get

1229
00:58:42,000 --> 00:58:44,200
Speaker 24: the best and brighters and all that sort of thing. Okay,

1230
00:58:44,240 --> 00:58:47,040
Speaker 24: so let's get out of the way. But it's about transparency.

1231
00:58:47,560 --> 00:58:50,240
Speaker 24: You know, you google how much is an MP paid.

1232
00:58:50,240 --> 00:58:52,640
Speaker 24: It's about one hundred and seventy. But then of course

1233
00:58:52,680 --> 00:58:54,880
Speaker 24: the public find out that, oh, well there's the other

1234
00:58:54,920 --> 00:58:57,480
Speaker 24: thirty four thousand for the super and there's the other

1235
00:58:57,560 --> 00:59:01,160
Speaker 24: thirty six thousand tax free for the expense allowance for

1236
00:59:01,200 --> 00:59:03,640
Speaker 24: clothing and for luggage and things like that, and there's

1237
00:59:03,640 --> 00:59:08,720
Speaker 24: the other forty old grand for the accommodation subsidy.

1238
00:59:09,360 --> 00:59:10,360
Speaker 3: What we say, is it?

1239
00:59:10,360 --> 00:59:12,800
Speaker 24: Shoot, look do it like anyone else would do it?

1240
00:59:13,320 --> 00:59:16,200
Speaker 24: No one in there will be half a million people

1241
00:59:16,240 --> 00:59:19,480
Speaker 24: listening to the show. They were the only people listening

1242
00:59:19,880 --> 00:59:22,680
Speaker 24: that get thirty four thousand dollars from their employer to

1243
00:59:22,720 --> 00:59:27,320
Speaker 24: go into the Kiwi saber or the r MPs. That's

1244
00:59:27,360 --> 00:59:28,000
Speaker 24: that's crooked.

1245
00:59:28,760 --> 00:59:31,919
Speaker 2: Would you go so far as saying crooked, Well, it's

1246
00:59:32,560 --> 00:59:32,919
Speaker 2: not true.

1247
00:59:33,040 --> 00:59:35,680
Speaker 24: It's maybe it's not correct. I'm not suggesting that for

1248
00:59:35,720 --> 00:59:39,400
Speaker 24: a moment, but it is it. It's come on, put

1249
00:59:39,440 --> 00:59:39,880
Speaker 24: it this way.

1250
00:59:41,240 --> 00:59:43,320
Speaker 10: I can I jump in and help. How about Jordan here,

1251
00:59:43,920 --> 00:59:47,960
Speaker 10: I work in a job where my role is to

1252
00:59:48,040 --> 00:59:51,440
Speaker 10: hold your powerful people and powerful Polish into account and

1253
00:59:51,480 --> 00:59:54,120
Speaker 10: I'm embarrassed to say that until this story came out,

1254
00:59:54,160 --> 00:59:57,800
Speaker 10: I had absolutely no idea that MP's benefited from this perk. Now,

1255
00:59:57,880 --> 01:00:00,880
Speaker 10: I'm one that thinks that MP's should be paid. Well,

1256
01:00:00,920 --> 01:00:04,360
Speaker 10: I think we want talented people to be representing us

1257
01:00:04,400 --> 01:00:07,680
Speaker 10: in Parliament. But I had absolutely no idea that they

1258
01:00:07,720 --> 01:00:11,040
Speaker 10: could claim this much money by contributing. And I think

1259
01:00:11,520 --> 01:00:15,120
Speaker 10: it's like it's maxed out at a backbencher's thing. Right,

1260
01:00:15,160 --> 01:00:18,080
Speaker 10: So like, for example, the Prime minister he gets the

1261
01:00:18,120 --> 01:00:20,720
Speaker 10: maximum that the backbencher would get. He gets thirty four

1262
01:00:20,760 --> 01:00:23,800
Speaker 10: as opposed to Yeah. Right, But nonetheless it speaks to

1263
01:00:23,840 --> 01:00:27,480
Speaker 10: the transparency points that Jordan's raising. Yes, I had no

1264
01:00:27,520 --> 01:00:29,680
Speaker 10: idea about this, and so if I feel like if

1265
01:00:29,720 --> 01:00:31,760
Speaker 10: I don't know about this, then most New Zealanders aren't

1266
01:00:31,760 --> 01:00:32,400
Speaker 10: going to know about this.

1267
01:00:33,920 --> 01:00:36,800
Speaker 2: Jordan. Here's the thing, right, if the best leaders are

1268
01:00:36,840 --> 01:00:38,960
Speaker 2: people who do the same thing to themselves as they

1269
01:00:39,000 --> 01:00:41,280
Speaker 2: ask of others. Right, and these guys are not good leaders.

1270
01:00:41,600 --> 01:00:42,680
Speaker 2: That's essentially what it is.

1271
01:00:43,840 --> 01:00:47,080
Speaker 24: Well, I mean this has sort of been a cozy

1272
01:00:47,200 --> 01:00:49,280
Speaker 24: sort of thing since that. This particular worle goes back

1273
01:00:49,280 --> 01:00:52,480
Speaker 24: to two thousand and three, and the remuneration authority has

1274
01:00:52,480 --> 01:00:53,320
Speaker 24: said time and time.

1275
01:00:53,160 --> 01:00:54,680
Speaker 3: Again on and we're not going to review that. We're

1276
01:00:54,680 --> 01:00:56,160
Speaker 3: not going to touch that. What do you want them.

1277
01:00:56,080 --> 01:00:57,800
Speaker 2: To do, Jordan? Do you want them to take themselves

1278
01:00:57,840 --> 01:00:59,400
Speaker 2: back to the same place the rest of us are.

1279
01:00:59,320 --> 01:01:02,440
Speaker 24: At exactly just sit in a mound like stop all

1280
01:01:02,440 --> 01:01:04,680
Speaker 24: these extra add ons and the only reason they have

1281
01:01:04,760 --> 01:01:06,600
Speaker 24: the add ons is to try to get the headline

1282
01:01:06,600 --> 01:01:08,480
Speaker 24: amount low so they don't get grief.

1283
01:01:08,800 --> 01:01:10,120
Speaker 3: I've actually it's a paper.

1284
01:01:10,120 --> 01:01:12,680
Speaker 24: I've wanted to do this for a decade, and I

1285
01:01:12,680 --> 01:01:15,280
Speaker 24: need to sit down and write it. I'm going to theory, okay,

1286
01:01:15,320 --> 01:01:17,680
Speaker 24: and this is I say that genuinely, even the staff

1287
01:01:17,680 --> 01:01:20,120
Speaker 24: and the text bas union disagree. You can make it

1288
01:01:20,120 --> 01:01:21,960
Speaker 24: a principled argument we should pay loads. You make a

1289
01:01:21,960 --> 01:01:24,240
Speaker 24: principal argument that we take the Swiss model and pay nothing.

1290
01:01:24,560 --> 01:01:27,800
Speaker 24: Here's an idea, what about paying the opportunity cost of

1291
01:01:27,800 --> 01:01:31,960
Speaker 24: being an MP. So you have a floor like a minimum,

1292
01:01:32,440 --> 01:01:35,800
Speaker 24: but then cover like base it on you know, the

1293
01:01:35,840 --> 01:01:39,440
Speaker 24: previous five years earnings or whatever you know taxtbill income.

1294
01:01:39,800 --> 01:01:42,680
Speaker 24: So if you give up a job at a million

1295
01:01:42,720 --> 01:01:46,240
Speaker 24: bucks a year, that's what you get paid. Because if

1296
01:01:46,280 --> 01:01:49,440
Speaker 24: the argument the problem is if you pay.

1297
01:01:48,720 --> 01:01:50,280
Speaker 2: Still do get it.

1298
01:01:50,280 --> 01:01:50,840
Speaker 3: It's just an idea.

1299
01:01:50,840 --> 01:01:52,400
Speaker 24: I mean, it's not as I say that the tu

1300
01:01:52,560 --> 01:01:54,160
Speaker 24: we actually can't agree what the best way is.

1301
01:01:54,160 --> 01:01:58,040
Speaker 2: Butways complicated. I think you're over complicating it. These guys

1302
01:01:59,040 --> 01:02:01,200
Speaker 2: they do it for they don't do it for the money.

1303
01:02:02,240 --> 01:02:03,880
Speaker 3: Wow, oh some of them.

1304
01:02:04,240 --> 01:02:05,760
Speaker 24: Some of them. I think that that you look at

1305
01:02:05,760 --> 01:02:08,160
Speaker 24: the they're on the best job they're ever run. But

1306
01:02:08,200 --> 01:02:11,720
Speaker 24: it's not right that that, as I say, you google

1307
01:02:11,760 --> 01:02:13,760
Speaker 24: it one hundred and seventy year. Ok, that's high, but

1308
01:02:13,800 --> 01:02:15,400
Speaker 24: you know they work hard whatever, but it's not it's

1309
01:02:15,440 --> 01:02:17,960
Speaker 24: quarter of a million. Yeah, in any in any other

1310
01:02:18,040 --> 01:02:19,080
Speaker 24: sort of measure.

1311
01:02:19,240 --> 01:02:21,800
Speaker 2: Okay, Now, when was the last time, Jack that you

1312
01:02:21,880 --> 01:02:22,680
Speaker 2: went to the movies?

1313
01:02:23,960 --> 01:02:24,160
Speaker 3: Oh?

1314
01:02:26,000 --> 01:02:26,800
Speaker 16: I reckon.

1315
01:02:28,160 --> 01:02:29,240
Speaker 3: A year ago.

1316
01:02:29,400 --> 01:02:31,080
Speaker 2: Oh it's not bad. What'd you go see?

1317
01:02:31,280 --> 01:02:31,680
Speaker 3: Isn't it?

1318
01:02:32,600 --> 01:02:33,400
Speaker 22: Oh?

1319
01:02:33,520 --> 01:02:34,720
Speaker 2: I feel like I win I saw.

1320
01:02:34,600 --> 01:02:35,440
Speaker 3: A kids movie?

1321
01:02:35,760 --> 01:02:35,960
Speaker 5: Yes?

1322
01:02:36,240 --> 01:02:39,360
Speaker 3: Does that even count yet? Then well.

1323
01:02:43,440 --> 01:02:45,160
Speaker 2: Took up Minecraft last week.

1324
01:02:45,680 --> 01:02:47,160
Speaker 24: I was o to say to Jack, you know that'll

1325
01:02:47,200 --> 01:02:50,320
Speaker 24: be your last one. I really had to think about it.

1326
01:02:50,320 --> 01:02:51,960
Speaker 24: The last time I went to the movies it was

1327
01:02:51,960 --> 01:02:54,600
Speaker 24: when Emily was pregnant and it was down to Abbey.

1328
01:02:55,000 --> 01:02:56,280
Speaker 3: It was more than five years ago.

1329
01:02:56,880 --> 01:03:01,680
Speaker 24: Oh yeah, it's just have you not taken it took

1330
01:03:01,720 --> 01:03:03,120
Speaker 24: me a long time to think about.

1331
01:03:02,880 --> 01:03:05,040
Speaker 2: It with you. Are you doing no screen time? And

1332
01:03:05,040 --> 01:03:06,959
Speaker 2: that's a gigantic screen The.

1333
01:03:06,880 --> 01:03:07,520
Speaker 3: Thing is TV.

1334
01:03:08,760 --> 01:03:13,080
Speaker 24: I think that's it's the reaisance of of really good TV.

1335
01:03:13,200 --> 01:03:15,400
Speaker 24: Now you look at the big budget sort of Netflix

1336
01:03:16,080 --> 01:03:18,440
Speaker 24: serieses and stuff, that's where entertain.

1337
01:03:19,080 --> 01:03:21,280
Speaker 2: YEP, I'm with you. Okay, guys, listens, lovely talk to

1338
01:03:21,280 --> 01:03:23,680
Speaker 2: the pair of you. Go Jack, you go get better, Jordan,

1339
01:03:23,720 --> 01:03:25,400
Speaker 2: thank you for your time, Jack, Tam, Jordan Williams. Eight

1340
01:03:25,440 --> 01:03:26,080
Speaker 2: away from six.

1341
01:03:27,520 --> 01:03:30,960
Speaker 1: It's the Heather Duplessy Allen Drive Full Show podcast on

1342
01:03:31,200 --> 01:03:33,680
Speaker 1: my Ard Radio powered by News Talk zebbi.

1343
01:03:35,720 --> 01:03:35,919
Speaker 25: Um.

1344
01:03:37,240 --> 01:03:39,800
Speaker 2: Listen, Lord, I've got to tell you about Lord really quickly.

1345
01:03:40,360 --> 01:03:42,600
Speaker 2: Lord is I don't know if you're aware of this. Lord.

1346
01:03:42,720 --> 01:03:45,800
Speaker 2: We're talking about Lord, like the you know, the musician. Okay,

1347
01:03:45,800 --> 01:03:48,040
Speaker 2: so just everybody get on board with me Lord. So

1348
01:03:48,120 --> 01:03:50,160
Speaker 2: Lord is doing this thing where she does these like

1349
01:03:50,240 --> 01:03:52,520
Speaker 2: little random pop up things and stuff, and it turns

1350
01:03:52,560 --> 01:03:54,880
Speaker 2: up at random things and stuff, and she she actually

1351
01:03:54,880 --> 01:03:56,600
Speaker 2: has a phone number and you can text her and

1352
01:03:56,640 --> 01:03:58,520
Speaker 2: she will text you back. It's obviously AI doing it

1353
01:03:58,520 --> 01:04:02,200
Speaker 2: instead's not actually, but anyway, she is playing a song

1354
01:04:02,400 --> 01:04:04,360
Speaker 2: because remember she popped up somewhere in New York's and

1355
01:04:04,440 --> 01:04:06,120
Speaker 2: she and then she popped up at that thing in Australia.

1356
01:04:06,160 --> 01:04:08,400
Speaker 2: She is going to pop up tonight in Auckland, but

1357
01:04:08,520 --> 01:04:12,280
Speaker 2: we don't know where she's popping up. So she's playing

1358
01:04:12,280 --> 01:04:14,400
Speaker 2: a song tonight. There is a rumor that she's releasing

1359
01:04:14,440 --> 01:04:17,360
Speaker 2: her new single tomorrow, so the rumor is that she

1360
01:04:17,440 --> 01:04:19,120
Speaker 2: is going to give it a home somewhere in the

1361
01:04:19,160 --> 01:04:23,960
Speaker 2: city tonight. Now, Sam, who is our producer, has spent

1362
01:04:24,040 --> 01:04:27,520
Speaker 2: the whole afternoon not working but trying to figure it's

1363
01:04:27,520 --> 01:04:30,320
Speaker 2: done absolutely nothing. Is just sat there trying to figure

1364
01:04:30,360 --> 01:04:32,600
Speaker 2: out where Lord because he thinks that this is going

1365
01:04:32,600 --> 01:04:34,200
Speaker 2: to add something to the show. Right, He's like, I'll

1366
01:04:34,200 --> 01:04:36,400
Speaker 2: figure out for you, but he's failed because he cannot

1367
01:04:36,400 --> 01:04:38,960
Speaker 2: figure out where Lord is playing tonight. So far, this

1368
01:04:39,080 --> 01:04:45,160
Speaker 2: is the best that he's got to it's indoors. Well done, Sam,

1369
01:04:45,240 --> 01:04:47,480
Speaker 2: it's indoors. That's like fifty percent of the thing.

1370
01:04:48,000 --> 01:04:50,240
Speaker 26: It rules out the top of mountain, rules out the

1371
01:04:50,800 --> 01:04:53,520
Speaker 26: rules out outdoors, so it just leaves every indoor place

1372
01:04:53,600 --> 01:04:54,560
Speaker 26: Y's indoors.

1373
01:04:55,000 --> 01:04:56,240
Speaker 2: So Lord's going to be indoors.

1374
01:04:56,280 --> 01:04:57,920
Speaker 26: We just need to try every indoor place. We need

1375
01:04:57,960 --> 01:04:59,720
Speaker 26: to ring every indoor place in the city.

1376
01:05:00,080 --> 01:05:02,880
Speaker 2: Can we just yet start now, Sam, and we'll probably

1377
01:05:02,920 --> 01:05:05,880
Speaker 2: solve it by eight forty five, which is when he's

1378
01:05:05,880 --> 01:05:10,000
Speaker 2: also figured that out when she's playing and it's invitation only,

1379
01:05:10,520 --> 01:05:14,480
Speaker 2: So this is the problem now, Sam does not, so

1380
01:05:14,600 --> 01:05:16,560
Speaker 2: I sunded. I feel like this is not actually about

1381
01:05:16,560 --> 01:05:19,040
Speaker 2: the show and more about him trying to get himself

1382
01:05:19,080 --> 01:05:22,120
Speaker 2: an invitation to Lord's event. But anyway, look if you

1383
01:05:22,200 --> 01:05:23,720
Speaker 2: because there will be other people out there who know

1384
01:05:23,800 --> 01:05:25,640
Speaker 2: the details, just help us out. Let's just do. Let's do.

1385
01:05:25,800 --> 01:05:28,320
Speaker 2: Let's help Sam out by doing Sam's job for himself

1386
01:05:28,320 --> 01:05:30,000
Speaker 2: so he can have a fun night tonight eight forty

1387
01:05:30,000 --> 01:05:33,360
Speaker 2: five Lords somewhere inside where let me know nine two

1388
01:05:33,440 --> 01:05:35,520
Speaker 2: nine two, Thanks very much. This is I'm getting a

1389
01:05:35,560 --> 01:05:37,640
Speaker 2: lot of texts from people who don't go to the

1390
01:05:37,680 --> 01:05:40,000
Speaker 2: movies anymore. And basically what they say is movies are

1391
01:05:40,040 --> 01:05:42,040
Speaker 2: too expensive, and I completely agree with you. And as

1392
01:05:42,080 --> 01:05:44,160
Speaker 2: Jordan said, you know, small screen is where it's at now,

1393
01:05:44,200 --> 01:05:47,760
Speaker 2: It's where all the quality content is. This is interesting reading.

1394
01:05:47,800 --> 01:05:50,040
Speaker 2: Cinema made a loss last year, and they made a

1395
01:05:50,080 --> 01:05:51,960
Speaker 2: loss the year before as well. But interesting is this.

1396
01:05:52,280 --> 01:05:54,200
Speaker 2: Roughly a third of the money that they made in

1397
01:05:54,280 --> 01:05:57,520
Speaker 2: revenue was from snacks and drinks, so they made twenty

1398
01:05:57,520 --> 01:06:01,160
Speaker 2: two point six million in revenue. Seven point two million

1399
01:06:01,600 --> 01:06:05,840
Speaker 2: was generated from popcorn and ice cream and jockeys and

1400
01:06:05,960 --> 01:06:08,439
Speaker 2: jaffers and all the stuff that you that you eat there,

1401
01:06:08,760 --> 01:06:10,320
Speaker 2: So that is where a lot of their money is,

1402
01:06:10,400 --> 01:06:12,040
Speaker 2: right and that's obviously where a lot of your money

1403
01:06:12,040 --> 01:06:13,320
Speaker 2: goes as well, which is why you don't want to

1404
01:06:13,320 --> 01:06:17,600
Speaker 2: go there anymore. Events Cinemas, who also reported blamed the

1405
01:06:17,640 --> 01:06:20,160
Speaker 2: Hollywood strike because that's part of the reason that they're

1406
01:06:20,160 --> 01:06:22,360
Speaker 2: not doing well. They blame the Hollywood strike said, not

1407
01:06:22,400 --> 01:06:24,400
Speaker 2: a lot of good content has come through, but also

1408
01:06:24,760 --> 01:06:27,120
Speaker 2: because we slap, we're quicker to slap an R sixteen

1409
01:06:27,200 --> 01:06:30,800
Speaker 2: rating on stuff like Deadpool and Wolverine. In Aussie it

1410
01:06:30,840 --> 01:06:33,040
Speaker 2: was only fifteen plus, and there's half the problem. There.

1411
01:06:33,600 --> 01:06:36,760
Speaker 2: Now you bet that MP's kiwisaver thing is coming up

1412
01:06:36,760 --> 01:06:39,000
Speaker 2: with Nikola Willison Monday. Put that in your diary.

1413
01:06:42,280 --> 01:06:44,040
Speaker 3: What's what's down?

1414
01:06:44,480 --> 01:06:47,320
Speaker 1: What were the major calls and how will it affect

1415
01:06:47,320 --> 01:06:51,600
Speaker 1: the economy? The big business questions on the Business Hour

1416
01:06:52,040 --> 01:06:56,560
Speaker 1: with Heather Duplicy, Allen and Mares, Insurance and investments, Grow

1417
01:06:56,600 --> 01:06:59,600
Speaker 1: your wealth, protect your future US talk said been.

1418
01:07:00,920 --> 01:07:03,960
Speaker 2: Evening. Coming up in the next hour, Spark's cool news

1419
01:07:03,960 --> 01:07:05,600
Speaker 2: solution for a New Zealand. You're going to want to

1420
01:07:05,600 --> 01:07:07,400
Speaker 2: hear about this. I'll tell you about it in a minute.

1421
01:07:07,560 --> 01:07:10,720
Speaker 2: Milford Asset Management on FMP, absolutely smashing it out the

1422
01:07:10,760 --> 01:07:13,760
Speaker 2: park in janetib Cherney on the OCR right now to

1423
01:07:13,840 --> 01:07:16,320
Speaker 2: seven past six. Now the warehouse has finally found a

1424
01:07:16,360 --> 01:07:20,080
Speaker 2: new CEO after a year of searching. The CFO Mark

1425
01:07:20,120 --> 01:07:22,360
Speaker 2: Sturton has been announced as the replacement. He's going to

1426
01:07:22,360 --> 01:07:25,280
Speaker 2: take over in August. And the chair, Dame Joan Withers,

1427
01:07:25,320 --> 01:07:27,960
Speaker 2: is with me. Now, Hey, Joan, how are you?

1428
01:07:28,000 --> 01:07:28,280
Speaker 5: Heather?

1429
01:07:28,360 --> 01:07:30,880
Speaker 2: I'm very well, thank you. No, you searched for a year,

1430
01:07:30,920 --> 01:07:32,400
Speaker 2: you went around the world, you ended up back in

1431
01:07:32,440 --> 01:07:33,120
Speaker 2: your own place.

1432
01:07:33,320 --> 01:07:37,720
Speaker 25: What happened, Well, we didn't search for a year. When

1433
01:07:37,760 --> 01:07:41,919
Speaker 25: we appointed JJ into their old John Jana early last year.

1434
01:07:42,080 --> 01:07:44,040
Speaker 25: He came on board in May. It was clear that

1435
01:07:44,080 --> 01:07:47,000
Speaker 25: there was a lot that needed to be done, so

1436
01:07:47,120 --> 01:07:50,680
Speaker 25: Joj really worked on the heavy lifting. We were moving

1437
01:07:50,680 --> 01:07:54,360
Speaker 25: away from an agile organizational structure to a different way

1438
01:07:54,360 --> 01:07:58,360
Speaker 25: of working that took time. We obviously had to refocus

1439
01:07:58,440 --> 01:08:01,280
Speaker 25: business priorities, and when the board put him in as

1440
01:08:02,040 --> 01:08:05,120
Speaker 25: interim group chief executive, we said you're not babysitting. You've

1441
01:08:05,120 --> 01:08:07,920
Speaker 25: got some heavy lifting to do here, and he did that.

1442
01:08:08,240 --> 01:08:11,600
Speaker 25: So we didn't actually start looking for a new CEO

1443
01:08:11,760 --> 01:08:16,040
Speaker 25: until late last calendar year, so yes, we did do

1444
01:08:16,280 --> 01:08:21,120
Speaker 25: a comprehensive and thorough multi market search. And I'm delighted

1445
01:08:21,280 --> 01:08:25,799
Speaker 25: because we've come back to a scenario where Mark Sturton,

1446
01:08:25,840 --> 01:08:28,759
Speaker 25: who was appointed in April last year as the group CFO,

1447
01:08:29,280 --> 01:08:33,160
Speaker 25: has basically been doing a one year job interview and

1448
01:08:33,240 --> 01:08:37,439
Speaker 25: has continued to impress the board. But rather than just

1449
01:08:37,479 --> 01:08:41,479
Speaker 25: annoyed someone internally, we went through that thorough process so

1450
01:08:41,520 --> 01:08:44,559
Speaker 25: that we could be absolutely confident we've got the best

1451
01:08:44,600 --> 01:08:48,280
Speaker 25: possible person for the job, and that's Mark.

1452
01:08:49,120 --> 01:08:51,040
Speaker 2: Do you think your company has turned a corner?

1453
01:08:53,160 --> 01:08:57,240
Speaker 25: I certainly think so, and you know, the economy is

1454
01:08:57,280 --> 01:08:58,879
Speaker 25: still bouncing along the bottom.

1455
01:08:59,120 --> 01:09:00,920
Speaker 5: It's very, very tough out there.

1456
01:09:01,040 --> 01:09:04,120
Speaker 25: I think the Warehouse was really at the bleeding edge

1457
01:09:04,160 --> 01:09:07,200
Speaker 25: of what happened in terms of the economy. I think

1458
01:09:07,240 --> 01:09:11,040
Speaker 25: other companies are starting to see that. But internally, the

1459
01:09:11,080 --> 01:09:14,439
Speaker 25: fundamentally important work that JJ has done has meant that

1460
01:09:14,520 --> 01:09:19,560
Speaker 25: we are much better focused. And obviously we are totally

1461
01:09:19,800 --> 01:09:22,640
Speaker 25: reliant on serving our one and a half million customers

1462
01:09:22,680 --> 01:09:25,200
Speaker 25: every week with the best possible products at the best

1463
01:09:25,200 --> 01:09:29,200
Speaker 25: possible prices, and that's been his focus, and we're certainly

1464
01:09:30,120 --> 01:09:32,920
Speaker 25: going down that track, and we're starting to see some

1465
01:09:33,040 --> 01:09:33,759
Speaker 25: green shoots.

1466
01:09:33,840 --> 01:09:36,280
Speaker 2: Yeah, good stuff, And are you seeing green shoots in

1467
01:09:36,280 --> 01:09:38,519
Speaker 2: the economy.

1468
01:09:39,439 --> 01:09:41,920
Speaker 25: It's a little bit early to say, you know, at

1469
01:09:41,920 --> 01:09:45,439
Speaker 25: the moment. The other complexity is the weather. So it's

1470
01:09:45,520 --> 01:09:50,800
Speaker 25: been warm. We had a few cold days the week

1471
01:09:50,840 --> 01:09:54,439
Speaker 25: before last, and immediately we saw a massive uptick. So

1472
01:09:54,560 --> 01:09:57,960
Speaker 25: it's just hard to say. I hope today's OCR announcement

1473
01:09:58,040 --> 01:10:01,960
Speaker 25: gives a bit of further impetus to peoples getting out

1474
01:10:02,000 --> 01:10:07,000
Speaker 25: there and using some of that discretionary spend, but it's

1475
01:10:07,000 --> 01:10:08,360
Speaker 25: still going to be a grind I think for the

1476
01:10:08,439 --> 01:10:09,560
Speaker 25: next six months.

1477
01:10:09,439 --> 01:10:11,120
Speaker 2: When you talk about the weather. You're talking about the

1478
01:10:11,120 --> 01:10:14,120
Speaker 2: fact that it's basically nobody's been incentivized to go and

1479
01:10:14,120 --> 01:10:16,280
Speaker 2: buy winter gear. That's the problem, right exactly.

1480
01:10:16,360 --> 01:10:19,639
Speaker 25: Yeah, when you get a cold snap, it really makes

1481
01:10:19,680 --> 01:10:23,000
Speaker 25: a difference. So we're just hoping it'll come in the

1482
01:10:23,040 --> 01:10:23,799
Speaker 25: next few weeks.

1483
01:10:23,880 --> 01:10:26,160
Speaker 2: Hey, I'm just interested. You talked about moving from an

1484
01:10:26,160 --> 01:10:28,200
Speaker 2: a job business. What did you move too.

1485
01:10:29,880 --> 01:10:33,120
Speaker 25: We're back to a more I guess you'd say traditional

1486
01:10:33,280 --> 01:10:38,280
Speaker 25: organizational structure, but very much brand focused. So, as you're

1487
01:10:38,280 --> 01:10:41,320
Speaker 25: probably aware, we went down the whole omni channel route

1488
01:10:41,360 --> 01:10:44,679
Speaker 25: with what happened over covid and what we thought would

1489
01:10:44,720 --> 01:10:47,519
Speaker 25: be the move to online obviously didn't play out in

1490
01:10:47,560 --> 01:10:51,639
Speaker 25: the way that we and many other retailers anticipated. So

1491
01:10:51,720 --> 01:10:54,760
Speaker 25: we're very focused now on our three core brands. You

1492
01:10:54,800 --> 01:10:57,280
Speaker 25: will know that, you know, sort of eighteen months ago now,

1493
01:10:58,200 --> 01:11:02,680
Speaker 25: we let Torpedo seven go closedown dot com. So we're

1494
01:11:02,760 --> 01:11:05,800
Speaker 25: really focused on making sure that those brands have the

1495
01:11:05,840 --> 01:11:09,720
Speaker 25: resources and the leadership they need to super serve their

1496
01:11:10,280 --> 01:11:11,160
Speaker 25: target markets.

1497
01:11:11,240 --> 01:11:12,679
Speaker 2: Joan, what's your take on agile.

1498
01:11:15,040 --> 01:11:17,519
Speaker 25: Look, we were at the bleeding edge as well on

1499
01:11:17,560 --> 01:11:20,599
Speaker 25: that there weren't really any retailers in the world. Walmart

1500
01:11:20,640 --> 01:11:23,120
Speaker 25: had flirted with it. We did go around the world

1501
01:11:23,120 --> 01:11:25,720
Speaker 25: and have a look at where it was working. It

1502
01:11:25,800 --> 01:11:28,320
Speaker 25: was interesting. I was in the US a year ago

1503
01:11:28,880 --> 01:11:31,679
Speaker 25: and got some time at Microsoft. Was sat in Adella

1504
01:11:32,280 --> 01:11:34,719
Speaker 25: and I asked him about Agile and what was happening

1505
01:11:34,720 --> 01:11:36,320
Speaker 25: in the States with it, and he says, well, we've

1506
01:11:36,360 --> 01:11:41,080
Speaker 25: still got agile, but we call it Franken Frankenstein agile now.

1507
01:11:41,439 --> 01:11:45,519
Speaker 25: So everybody's doing their own thing. And at Microsoft they're

1508
01:11:45,600 --> 01:11:50,080
Speaker 25: using AI agents as part of the agile squads, so

1509
01:11:50,280 --> 01:11:52,960
Speaker 25: everybody's doing it a bit differently. It just didn't work

1510
01:11:53,000 --> 01:11:55,599
Speaker 25: for us, and you know when that happens, you've got

1511
01:11:55,600 --> 01:11:58,320
Speaker 25: to act quickly. So again back to John Jena and

1512
01:11:58,320 --> 01:12:01,839
Speaker 25: the work you did. Changing an organizational structure is not easy,

1513
01:12:02,400 --> 01:12:04,559
Speaker 25: and we needed to get all of that done before

1514
01:12:04,600 --> 01:12:05,880
Speaker 25: we put a new CEO in.

1515
01:12:07,000 --> 01:12:08,680
Speaker 2: Joan, it's wonderful to talk to you. Thank you for

1516
01:12:08,720 --> 01:12:11,760
Speaker 2: your time. That's Dame Joan Withers, Chair of the Warehouse Group.

1517
01:12:11,840 --> 01:12:15,559
Speaker 2: Heather will she fire everyone involved in unleashing ash Agile.

1518
01:12:15,560 --> 01:12:18,400
Speaker 2: They should be all ashamed of themselves at that agile thing.

1519
01:12:18,439 --> 01:12:21,200
Speaker 2: A people do not love it. Thirteen past six.

1520
01:12:21,640 --> 01:12:22,720
Speaker 3: Heather duples ol.

1521
01:12:23,120 --> 01:12:25,880
Speaker 2: Hey Lord update Hither that Sam's told me not to

1522
01:12:25,880 --> 01:12:27,599
Speaker 2: read this out to you because he's trying to keep

1523
01:12:27,600 --> 01:12:29,559
Speaker 2: all the information to himself. So it's not actually about

1524
01:12:29,560 --> 01:12:31,920
Speaker 2: helping you, Ay, he just wants to go Lord event

1525
01:12:31,920 --> 01:12:35,320
Speaker 2: by himself. Hither. There is a pop up container down

1526
01:12:35,360 --> 01:12:37,680
Speaker 2: by the square by the railway station in Auckland and

1527
01:12:37,720 --> 01:12:40,479
Speaker 2: they're saying there is a special secret guest. It's there

1528
01:12:40,520 --> 01:12:42,479
Speaker 2: through the music months, but this popped up today on

1529
01:12:42,520 --> 01:12:45,439
Speaker 2: a Heart of the City post. Heather, the Lord event

1530
01:12:45,520 --> 01:12:48,000
Speaker 2: could be at the Viaduct's event center because the rehearsal

1531
01:12:48,040 --> 01:12:50,040
Speaker 2: base has been bothering me all day and there are

1532
01:12:50,320 --> 01:12:54,080
Speaker 2: signs out so saying that there's a private event. Thank

1533
01:12:54,120 --> 01:12:56,120
Speaker 2: you Tom. Laura, what are we going to do? Are

1534
01:12:56,120 --> 01:12:58,360
Speaker 2: we going to send Sam down there immediately? Should we

1535
01:12:58,400 --> 01:13:02,600
Speaker 2: send him down? He's keen to gozi. Do we have

1536
01:13:02,600 --> 01:13:04,639
Speaker 2: anything for him to do here or do we.

1537
01:13:06,920 --> 01:13:06,960
Speaker 20: No?

1538
01:13:07,200 --> 01:13:09,080
Speaker 2: Laura says, he has got absolutely nothing to do because

1539
01:13:09,080 --> 01:13:11,400
Speaker 2: he's been doing nothing all day anyway, just doing this,

1540
01:13:11,680 --> 01:13:13,439
Speaker 2: So send him down. Let's send him down. Let's go

1541
01:13:13,600 --> 01:13:15,720
Speaker 2: send him down. Put it on the uber. Put it

1542
01:13:15,760 --> 01:13:18,600
Speaker 2: on the company uber. Don't tell them, don't tell the

1543
01:13:18,640 --> 01:13:20,640
Speaker 2: boss put it on the company who send him down there.

1544
01:13:20,640 --> 01:13:22,360
Speaker 2: Tell him to phone us on the company phone and

1545
01:13:22,400 --> 01:13:24,120
Speaker 2: let us know. Still a little bit of money for

1546
01:13:24,200 --> 01:13:25,639
Speaker 2: something here, surely, now, how.

1547
01:13:25,520 --> 01:13:26,040
Speaker 15: Cool is this?

1548
01:13:26,400 --> 01:13:30,000
Speaker 2: Spark has just built a private five G network for

1549
01:13:30,080 --> 01:13:32,400
Speaker 2: Air New Zealand. It's the first of its kind in

1550
01:13:32,439 --> 01:13:36,400
Speaker 2: New Zealand. It is inside Air New Zealand's logistic warehouse.

1551
01:13:36,560 --> 01:13:39,320
Speaker 2: Now why they've done this is because in the logistics

1552
01:13:39,360 --> 01:13:42,200
Speaker 2: warehouse it's enormous, right, and all the stuff is in there,

1553
01:13:42,200 --> 01:13:44,400
Speaker 2: like all the bits and bobs and the nuts and

1554
01:13:44,439 --> 01:13:47,880
Speaker 2: the propellers and jeez everything, you know, all the little

1555
01:13:47,880 --> 01:13:49,920
Speaker 2: antenna and all the little bits and bobs that they need.

1556
01:13:50,120 --> 01:13:52,160
Speaker 2: But the problem is some of it is like fifteen

1557
01:13:52,160 --> 01:13:54,280
Speaker 2: meters high up on a shelf, right, and that's just

1558
01:13:54,360 --> 01:13:57,200
Speaker 2: all over the shop. And so it's really hard for

1559
01:13:57,240 --> 01:13:59,320
Speaker 2: the Air New Zealand staff the humans to do a

1560
01:13:59,360 --> 01:14:02,519
Speaker 2: stock take takes bloody forever and how do you get

1561
01:14:02,560 --> 01:14:04,439
Speaker 2: up there? And so they don't do it very often

1562
01:14:04,479 --> 01:14:07,200
Speaker 2: at all. So by building a five G network inside

1563
01:14:07,280 --> 01:14:09,720
Speaker 2: this logistics warehouse, what it means is you can get

1564
01:14:09,720 --> 01:14:11,760
Speaker 2: the drones up on the five G network and they

1565
01:14:11,800 --> 01:14:14,519
Speaker 2: can do the stock take four in New Zealand. Apparently

1566
01:14:14,560 --> 01:14:16,599
Speaker 2: they're going to be doing this every ten days now

1567
01:14:16,640 --> 01:14:19,439
Speaker 2: as opposed to however often they were not doing it

1568
01:14:19,600 --> 01:14:21,960
Speaker 2: when it was just the humans doing it. I'm loving this.

1569
01:14:22,160 --> 01:14:26,200
Speaker 2: I'm increasingly becoming completely obsessed with cool technology, not like

1570
01:14:26,520 --> 01:14:28,960
Speaker 2: la la out there technology like one day you're going

1571
01:14:29,040 --> 01:14:31,600
Speaker 2: to jump on an air taxi at the LA Olympics

1572
01:14:31,600 --> 01:14:32,439
Speaker 2: and blood whatever.

1573
01:14:32,760 --> 01:14:32,840
Speaker 20: Like.

1574
01:14:32,920 --> 01:14:34,920
Speaker 2: Don't come at me with that kind of nonsense. This

1575
01:14:34,960 --> 01:14:37,400
Speaker 2: is happening. This is happening right now. It's actually happening.

1576
01:14:37,640 --> 01:14:40,400
Speaker 2: It has the ability to lift our productivity in this country.

1577
01:14:40,560 --> 01:14:42,160
Speaker 2: I'm obsessed with that. We're going to talk to Spark

1578
01:14:42,200 --> 01:14:44,160
Speaker 2: about it in around about twenty minutes the time it's

1579
01:14:44,200 --> 01:14:44,679
Speaker 2: quarter past.

1580
01:14:45,920 --> 01:14:49,439
Speaker 1: It's the Heather dupers Allen Drive Full Show podcast on

1581
01:14:49,600 --> 01:14:52,160
Speaker 1: my Heart Radio empowered by news dog Zebbie.

1582
01:14:53,360 --> 01:14:55,160
Speaker 2: We all do it right. We all overthink the big

1583
01:14:55,200 --> 01:14:57,720
Speaker 2: things job security, mortgage rates that lump in our neck,

1584
01:14:57,760 --> 01:14:59,920
Speaker 2: and we also overthink the little things. What night has been?

1585
01:15:00,800 --> 01:15:03,320
Speaker 2: Why has cheese become a luxury item? But as a

1586
01:15:03,320 --> 01:15:06,000
Speaker 2: member of MAZ, the New Zealand grown member owned mutual,

1587
01:15:06,160 --> 01:15:08,439
Speaker 2: you can rest easy because MAZ is an insurance and

1588
01:15:08,520 --> 01:15:11,600
Speaker 2: investment mutual that has been putting its members overthinking to

1589
01:15:11,720 --> 01:15:14,439
Speaker 2: rest for over one hundred years, and this year, for

1590
01:15:14,520 --> 01:15:17,400
Speaker 2: the ninth year in a row, MAZ members have voted

1591
01:15:17,400 --> 01:15:21,320
Speaker 2: it the consumer People's choice for house content and car insurance.

1592
01:15:21,760 --> 01:15:25,439
Speaker 2: MAZ offers premium insurance and investment products, expert advice and

1593
01:15:25,520 --> 01:15:28,759
Speaker 2: exceptional service, all with your needs at heart. So, whether

1594
01:15:28,840 --> 01:15:31,040
Speaker 2: you want to grow your wealth or protect your future,

1595
01:15:31,200 --> 01:15:34,240
Speaker 2: MAS has got you covered. Joined the thousands of satisfied

1596
01:15:34,280 --> 01:15:37,519
Speaker 2: members who trust MAZ to protect what matters, what matters

1597
01:15:37,560 --> 01:15:40,240
Speaker 2: most and rest easy with MAZ now. To learn more

1598
01:15:40,280 --> 01:15:44,160
Speaker 2: and to see their financial advice provider disclosure statements, head

1599
01:15:44,240 --> 01:15:47,639
Speaker 2: to MAZ mas dot co dot NZ.

1600
01:15:48,320 --> 01:15:50,559
Speaker 3: Heather do for clan whether it's great to.

1601
01:15:50,479 --> 01:15:52,639
Speaker 2: Hear John Withers. She is an amazing woman and sat

1602
01:15:52,680 --> 01:15:54,439
Speaker 2: on the board where I work. She's a phenomenal person.

1603
01:15:54,479 --> 01:15:56,240
Speaker 2: I think most people would agree with that. It's nineteen

1604
01:15:56,320 --> 01:16:00,000
Speaker 2: past six now. Jane Tibcherny is The Herald's Wellington business

1605
01:16:00,080 --> 01:16:01,439
Speaker 2: sator and with us now how your name?

1606
01:16:01,840 --> 01:16:02,280
Speaker 5: Hey, Heather?

1607
01:16:03,720 --> 01:16:05,519
Speaker 2: Uncertainty still the case, isn't it?

1608
01:16:06,520 --> 01:16:07,080
Speaker 15: Very much?

1609
01:16:07,120 --> 01:16:07,200
Speaker 1: So?

1610
01:16:08,400 --> 01:16:10,840
Speaker 7: The picture that I have in my mind is of

1611
01:16:11,400 --> 01:16:14,599
Speaker 7: some sort of frantic office worker trying to explain things

1612
01:16:14,680 --> 01:16:17,839
Speaker 7: by referring to a pin board, sort of drawing strings

1613
01:16:17,880 --> 01:16:21,200
Speaker 7: between pieces of paper, sort of saying, you know, if

1614
01:16:21,240 --> 01:16:23,880
Speaker 7: this happens, this could happen, and that could happen, but

1615
01:16:24,439 --> 01:16:28,160
Speaker 7: maybe not. And here's another scenario that was kind of

1616
01:16:28,200 --> 01:16:32,519
Speaker 7: my read through the Reserve Bank's quarterly Monetary Policy statement

1617
01:16:32,640 --> 01:16:35,519
Speaker 7: and its commentary today in the press conference. So it

1618
01:16:35,560 --> 01:16:38,560
Speaker 7: cut the OCR by twenty five basis points, as expected,

1619
01:16:39,000 --> 01:16:43,679
Speaker 7: but then it really highlighted the uncertainty and the global outlook,

1620
01:16:43,880 --> 01:16:46,960
Speaker 7: largely down to Donald Trump. I think it referred to

1621
01:16:46,960 --> 01:16:50,160
Speaker 7: the word uncertain one hundred and sixty four times. Wow,

1622
01:16:50,560 --> 01:16:52,519
Speaker 7: and it's sixty two page document.

1623
01:16:52,840 --> 01:16:55,760
Speaker 2: Yes, that's a lot, isn't it. What's going on with

1624
01:16:55,800 --> 01:16:57,680
Speaker 2: the cuts because we all assumed that there was just

1625
01:16:57,720 --> 01:16:59,320
Speaker 2: going to be a rate. It cuts at a rated knots.

1626
01:16:59,320 --> 01:17:00,840
Speaker 2: But it doesn't look very much like that at all.

1627
01:17:00,840 --> 01:17:01,040
Speaker 3: Now.

1628
01:17:02,000 --> 01:17:06,120
Speaker 7: Yeah, look, it's very much open for interpretation. You could

1629
01:17:06,240 --> 01:17:11,280
Speaker 7: argue that Christian hawks be delivered a hawkish statement, and

1630
01:17:11,400 --> 01:17:17,000
Speaker 7: that is because the Monetary Policy Committee was divided for

1631
01:17:17,040 --> 01:17:19,120
Speaker 7: only the second time ever on what to do with

1632
01:17:19,160 --> 01:17:21,960
Speaker 7: the OCR. One person thought it should stay at three

1633
01:17:21,960 --> 01:17:25,040
Speaker 7: point five percent. The others thought it should be cut. Yeah,

1634
01:17:25,080 --> 01:17:28,960
Speaker 7: so you know, so there's that factor. Also, the commentary

1635
01:17:29,000 --> 01:17:32,080
Speaker 7: today in the press conference really suggested it there was

1636
01:17:32,080 --> 01:17:35,960
Speaker 7: a bit of uncertainty. I think Christian said that, you know,

1637
01:17:36,040 --> 01:17:39,800
Speaker 7: there was no clear bias, so basically at the next

1638
01:17:39,840 --> 01:17:43,400
Speaker 7: meeting he couldn't say, you know which way he was

1639
01:17:43,479 --> 01:17:46,000
Speaker 7: leaning in terms of what the committee would do with

1640
01:17:46,000 --> 01:17:48,400
Speaker 7: the OCR. But then the thing that was a bit

1641
01:17:48,439 --> 01:17:53,240
Speaker 7: puzzling was the projections in the statement suggested that the

1642
01:17:53,280 --> 01:17:57,640
Speaker 7: OCR would still be cut another couple of times. So

1643
01:17:57,960 --> 01:18:01,559
Speaker 7: you know, you're piecing together bits of information that that

1644
01:18:01,600 --> 01:18:05,479
Speaker 7: tells slightly different stories. So the only real story that

1645
01:18:06,360 --> 01:18:08,920
Speaker 7: this all tells is that we don't know.

1646
01:18:09,520 --> 01:18:09,800
Speaker 15: I know.

1647
01:18:11,640 --> 01:18:13,320
Speaker 2: Well, if they don't know, then I think we can

1648
01:18:13,360 --> 01:18:15,120
Speaker 2: say it's okay that we don't know, because they are

1649
01:18:15,120 --> 01:18:16,880
Speaker 2: the ones who are supposed to know. Hey, thank you,

1650
01:18:17,040 --> 01:18:21,120
Speaker 2: I appreciated to Native Eriny, The Herald's Wellington Business editor.

1651
01:18:21,160 --> 01:18:24,680
Speaker 2: Jesus stuff day, Like how stuff does the world if

1652
01:18:24,720 --> 01:18:27,360
Speaker 2: even the people who are supposed to run this inflation

1653
01:18:27,520 --> 01:18:32,479
Speaker 2: business here no idea anyway? This business about the cops

1654
01:18:32,560 --> 01:18:35,280
Speaker 2: in Liverpool naming the guy as a fifty three year

1655
01:18:35,320 --> 01:18:37,479
Speaker 2: old white British Man has got a little bit of publicity.

1656
01:18:37,520 --> 01:18:37,640
Speaker 3: Eight.

1657
01:18:38,720 --> 01:18:40,759
Speaker 2: It has been assumed by some that that is quite

1658
01:18:40,840 --> 01:18:43,320
Speaker 2: normal course of events. It's actually not. It's not at

1659
01:18:43,320 --> 01:18:46,920
Speaker 2: all normal. It's unprecedented. Don't take my word for it.

1660
01:18:47,240 --> 01:18:52,720
Speaker 2: Take the word of former Superintendent dal Babu, who has

1661
01:18:52,800 --> 01:18:55,320
Speaker 2: been has been in charge of the Merseyside Police over there,

1662
01:18:55,479 --> 01:18:58,840
Speaker 2: says it's quote unprecedented. Now, okay, let me explain to

1663
01:18:58,840 --> 01:19:01,759
Speaker 2: you what goes on here. When the cops are hunting somebody,

1664
01:19:01,960 --> 01:19:05,160
Speaker 2: they will say we're looking for a sixty four year

1665
01:19:05,200 --> 01:19:07,920
Speaker 2: old woman who is white, right, so that you know

1666
01:19:07,920 --> 01:19:10,400
Speaker 2: who you're looking for, right. But once they've already got

1667
01:19:10,400 --> 01:19:13,200
Speaker 2: the person, their ethnicity actually is irrelevant to the situation.

1668
01:19:13,280 --> 01:19:15,360
Speaker 2: So it was really weird that they released it and

1669
01:19:15,400 --> 01:19:18,040
Speaker 2: why they released it. They've explained the situation. Why they

1670
01:19:18,360 --> 01:19:21,040
Speaker 2: decided to say that the guy was white was because

1671
01:19:21,200 --> 01:19:24,320
Speaker 2: they made the assumption that everybody else would make the

1672
01:19:24,360 --> 01:19:27,479
Speaker 2: assumption that the person driving the car into all the

1673
01:19:27,479 --> 01:19:30,720
Speaker 2: people would be an asylum seeker who was Muslim. They

1674
01:19:30,840 --> 01:19:33,439
Speaker 2: and that could then because the people go on Twitter

1675
01:19:33,520 --> 01:19:35,360
Speaker 2: and they say nasty things and they whind people up

1676
01:19:35,400 --> 01:19:37,880
Speaker 2: in the UK like something chronic at the moment, and

1677
01:19:37,920 --> 01:19:42,120
Speaker 2: they actually actually what they're doing on the X the

1678
01:19:42,160 --> 01:19:45,040
Speaker 2: Twitter is that what happens in the social media can

1679
01:19:45,080 --> 01:19:47,160
Speaker 2: actually translate into real life and they really actually go

1680
01:19:47,240 --> 01:19:49,400
Speaker 2: out there to start attacking people and stuff like that.

1681
01:19:49,520 --> 01:19:52,040
Speaker 2: So the cops wanted to stop that before, cut it

1682
01:19:52,040 --> 01:19:54,439
Speaker 2: off of the pass before it even happened, just say, look,

1683
01:19:54,439 --> 01:19:56,599
Speaker 2: it's not an asylum seeker. It's a white dude. Settle down,

1684
01:19:56,640 --> 01:20:01,120
Speaker 2: don't worry about it. Problem is, as as former superintendent

1685
01:20:01,160 --> 01:20:03,839
Speaker 2: now says, they're going to give them, they've given themselves

1686
01:20:03,840 --> 01:20:07,120
Speaker 2: future challenges, haven't they, Because next time something like this happens,

1687
01:20:07,240 --> 01:20:10,600
Speaker 2: everybody's going to go and what is the ethnicity? Are

1688
01:20:10,640 --> 01:20:12,559
Speaker 2: you going to tell us? And if they don't tell us,

1689
01:20:12,880 --> 01:20:15,560
Speaker 2: then they're going to be accused of protecting certain ethnicities

1690
01:20:15,560 --> 01:20:18,200
Speaker 2: and not protecting others. And also if they don't say

1691
01:20:18,240 --> 01:20:21,680
Speaker 2: next time that it's a white person in Britain, everyone's

1692
01:20:21,680 --> 01:20:23,760
Speaker 2: going to assume it's an asylum seeker, aren't they. So

1693
01:20:23,880 --> 01:20:26,639
Speaker 2: you know what they've done is they've just opened aig

1694
01:20:27,120 --> 01:20:29,960
Speaker 2: hearts are in the right place, opened a gigantic can

1695
01:20:29,960 --> 01:20:31,320
Speaker 2: of worms. Six twenty three.

1696
01:20:31,600 --> 01:20:34,400
Speaker 3: Everything from SMEs to the big corporates.

1697
01:20:34,680 --> 01:20:39,920
Speaker 1: The Business Hour with Heather Dupliclen and Mares, Insurance and investments,

1698
01:20:40,120 --> 01:20:43,040
Speaker 1: Grow your Wealth, Protect your Future, Youth talks.

1699
01:20:42,840 --> 01:20:45,840
Speaker 2: End be twenty six past six And with me now

1700
01:20:45,880 --> 01:20:49,320
Speaker 2: is Remy Morgan Milford Asset Management. Hey, Remy, Hi, Heather.

1701
01:20:49,640 --> 01:20:52,720
Speaker 2: How has the world? How has the world reacted? Just

1702
01:20:52,800 --> 01:20:55,519
Speaker 2: how has the markets reacted to the ocr.

1703
01:20:56,479 --> 01:20:58,880
Speaker 23: Yeah, so the twenty five basis point cut today that

1704
01:20:59,000 --> 01:21:01,719
Speaker 23: was fully priced and by the market going into today,

1705
01:21:01,760 --> 01:21:06,000
Speaker 23: But following the announcement, we saw the market slightly lower

1706
01:21:06,080 --> 01:21:10,040
Speaker 23: some of its future interest rate expectations. Now, while the

1707
01:21:10,120 --> 01:21:14,000
Speaker 23: RBNZ lowered its own forward expectation to roughly what was

1708
01:21:14,040 --> 01:21:16,720
Speaker 23: in line with what the market had been pricing going

1709
01:21:16,800 --> 01:21:19,920
Speaker 23: into the meeting, it did imply a slightly slower pace

1710
01:21:19,960 --> 01:21:23,800
Speaker 23: of interest rate cuts. And what was surprising was that

1711
01:21:23,920 --> 01:21:26,759
Speaker 23: one committee member actually voted to hold at this meeting

1712
01:21:26,880 --> 01:21:29,760
Speaker 23: rather than cut, So that might also explain some of

1713
01:21:29,800 --> 01:21:31,600
Speaker 23: the market's reduced expectations.

1714
01:21:31,720 --> 01:21:31,960
Speaker 5: Yeah.

1715
01:21:31,960 --> 01:21:34,200
Speaker 2: The thing that we heard about a lot from the

1716
01:21:34,240 --> 01:21:36,360
Speaker 2: Reserve Bank is uncertainty because there was just so much

1717
01:21:36,400 --> 01:21:38,360
Speaker 2: going on globally. What impact does this having?

1718
01:21:39,800 --> 01:21:42,200
Speaker 23: Yeah, so like you say, there's a lot of uncertainty

1719
01:21:42,320 --> 01:21:45,240
Speaker 23: going on around US policy and what this means for

1720
01:21:45,280 --> 01:21:48,560
Speaker 23: global economies, and we've seen a lot of volatility in

1721
01:21:48,600 --> 01:21:52,040
Speaker 23: global financial markets over the past few months. So even

1722
01:21:52,080 --> 01:21:55,800
Speaker 23: with lower boring rates in New Zealand, this uncertainty off

1723
01:21:55,880 --> 01:21:59,400
Speaker 23: shore could see a delay in investment and consumption decisions

1724
01:21:59,400 --> 01:22:02,920
Speaker 23: domestically and that can impact nearten growth and so that's

1725
01:22:02,960 --> 01:22:07,120
Speaker 23: something that the RBNZI considered in depth at today's statement

1726
01:22:07,280 --> 01:22:09,200
Speaker 23: and they will need to continue to monitor that.

1727
01:22:09,400 --> 01:22:12,080
Speaker 2: Hey, pretty amazing result from Fisher and Pikele Healthcare. What's

1728
01:22:12,120 --> 01:22:13,360
Speaker 2: the market reaction to that then?

1729
01:22:14,720 --> 01:22:17,439
Speaker 23: Yeah, So Fisher and Pikeal Healthcare, it's one that's always

1730
01:22:17,600 --> 01:22:20,720
Speaker 23: very closely followed by the New Zealand market. So, as

1731
01:22:20,720 --> 01:22:23,600
Speaker 23: you said, result was very strong. This year's revenue was

1732
01:22:23,680 --> 01:22:26,840
Speaker 23: up sixteen percent first last year net profit up forty

1733
01:22:26,880 --> 01:22:29,960
Speaker 23: three percent. The forward profit guidance for next year was

1734
01:22:30,040 --> 01:22:33,639
Speaker 23: also solid enough, despite some tariff noise, so another ten

1735
01:22:33,640 --> 01:22:37,320
Speaker 23: percent growth at the midpoint expected for next year. But

1736
01:22:37,520 --> 01:22:41,320
Speaker 23: despite the solid result, the market expectations were a little

1737
01:22:41,320 --> 01:22:45,160
Speaker 23: bit higher, so that meant the stock actually closed down

1738
01:22:45,240 --> 01:22:47,000
Speaker 23: four point four to five percent on the day.

1739
01:22:47,320 --> 01:22:49,080
Speaker 2: Remy, it's good to talk to you. Thank you for that, mate.

1740
01:22:49,120 --> 01:22:52,040
Speaker 2: That's Remy Morgan Milford aset management. Heather, that's a bit tough.

1741
01:22:52,320 --> 01:22:54,000
Speaker 2: I actually think they did the right thing saying it

1742
01:22:54,000 --> 01:22:56,240
Speaker 2: was a white male, because the reaction would have been terrible. No, Mas,

1743
01:22:56,280 --> 01:22:57,920
Speaker 2: I'm not saying it wasn't the right thing to do.

1744
01:22:58,520 --> 01:23:00,720
Speaker 2: I said their hearts were in the right place. But

1745
01:23:00,880 --> 01:23:03,439
Speaker 2: you might do something once doing the right thing, and

1746
01:23:03,479 --> 01:23:06,640
Speaker 2: then next time hmm, Now you're in some sort of trouble, right,

1747
01:23:06,680 --> 01:23:08,599
Speaker 2: that's what happens with the can of winds. You knowways,

1748
01:23:08,680 --> 01:23:10,760
Speaker 2: Sam is still here. Sam has not gone to the

1749
01:23:10,800 --> 01:23:12,559
Speaker 2: lord thing. Let me find out what's going on. I'll

1750
01:23:12,600 --> 01:23:14,360
Speaker 2: come back to you. On that headline said.

1751
01:23:14,400 --> 01:23:16,200
Speaker 3: This world mad.

1752
01:23:17,640 --> 01:23:20,240
Speaker 1: If it's to do with money, it matters to you

1753
01:23:20,720 --> 01:23:24,880
Speaker 1: the Business hour with header duplicy Ellen and Mares, insurance

1754
01:23:24,920 --> 01:23:27,960
Speaker 1: and investments, grow your wealth, protect your future.

1755
01:23:28,280 --> 01:23:33,240
Speaker 3: News talks that'd be are you having to have.

1756
01:23:35,920 --> 01:23:37,720
Speaker 2: Kevi's Gray is with us out of the UK in

1757
01:23:37,760 --> 01:23:39,280
Speaker 2: about ten minutes. I'm telling you what I'm gonna ask

1758
01:23:39,320 --> 01:23:42,879
Speaker 2: him about. Is this business with mccron marital shoved. Apparently

1759
01:23:42,920 --> 01:23:46,000
Speaker 2: it's hardly made any news in France. How incredible is

1760
01:23:46,040 --> 01:23:49,639
Speaker 2: that that they just not interested in It happened over

1761
01:23:49,680 --> 01:23:53,160
Speaker 2: the weekend, obviously, when they were in Vietnam. The next morning,

1762
01:23:53,400 --> 01:23:57,640
Speaker 2: didn't appear on a single front page in France, disappeared

1763
01:23:57,680 --> 01:24:00,960
Speaker 2: from completely from news within twenty f four hours. And

1764
01:24:01,240 --> 01:24:03,080
Speaker 2: I mean, there's whole bunch of stuff going on in politics,

1765
01:24:03,160 --> 01:24:05,000
Speaker 2: but they reckon. The real reason that this is happening

1766
01:24:05,040 --> 01:24:08,360
Speaker 2: is because there's a long standing belief in France that politicians'

1767
01:24:08,360 --> 01:24:10,880
Speaker 2: private lives are private and you don't go there, which

1768
01:24:10,920 --> 01:24:14,000
Speaker 2: is why they have girlfriends. No one knows about illegitimate daughters,

1769
01:24:14,040 --> 01:24:16,000
Speaker 2: no one knows about the get but handsy no one

1770
01:24:16,000 --> 01:24:18,599
Speaker 2: knows about it. Apparently the wives get a bit of handsy.

1771
01:24:18,680 --> 01:24:20,759
Speaker 2: No one knows about it, simply because if it's private,

1772
01:24:21,000 --> 01:24:24,000
Speaker 2: it's private. Twenty three away from seven, Now, how cool

1773
01:24:24,080 --> 01:24:27,559
Speaker 2: is this? Spark has built the first private five G

1774
01:24:27,720 --> 01:24:29,880
Speaker 2: network in the country. It's for Air New Zealand. It's

1775
01:24:29,880 --> 01:24:33,080
Speaker 2: in Air New Zealand's large logistics warehouse, and the network

1776
01:24:33,120 --> 01:24:35,719
Speaker 2: is now being used by drones and robots in order

1777
01:24:35,720 --> 01:24:38,080
Speaker 2: to do regular stock takes that are just really too

1778
01:24:38,080 --> 01:24:40,920
Speaker 2: hard for humans to do. Mark Beider is Spark's customer

1779
01:24:40,960 --> 01:24:43,800
Speaker 2: director for Enterprise and Government Mark Hello, Hi, here the

1780
01:24:43,880 --> 01:24:44,280
Speaker 2: hell are you?

1781
01:24:44,520 --> 01:24:44,800
Speaker 3: Very well?

1782
01:24:44,840 --> 01:24:46,880
Speaker 2: Thank you? Now I understand these drones and robots are

1783
01:24:46,880 --> 01:24:49,400
Speaker 2: doing these stock takes every ten days now because of

1784
01:24:49,400 --> 01:24:51,320
Speaker 2: this network. How often were humans doing it?

1785
01:24:52,280 --> 01:24:54,200
Speaker 27: They were doing it twice a year, so sort of

1786
01:24:54,200 --> 01:24:56,240
Speaker 27: semi annually. You do a stock take and it normally

1787
01:24:56,560 --> 01:24:59,719
Speaker 27: takes about ten days of preparation before you can actually

1788
01:24:59,760 --> 01:25:03,000
Speaker 27: start the stock take. So in this case, it really

1789
01:25:03,000 --> 01:25:05,960
Speaker 27: provides efficiency around how you can do a stock take

1790
01:25:06,000 --> 01:25:07,760
Speaker 27: and how often our more you can do it as well.

1791
01:25:08,160 --> 01:25:09,800
Speaker 2: Why is it so hard for humans? Is it just

1792
01:25:09,840 --> 01:25:12,759
Speaker 2: because of the warehouse? Things are up so high.

1793
01:25:13,160 --> 01:25:15,320
Speaker 27: It's the size of the warehouse. It's that you have

1794
01:25:15,360 --> 01:25:18,160
Speaker 27: to scan every single item within an aisle. It's also

1795
01:25:18,200 --> 01:25:21,000
Speaker 27: the height at these warehouses are fifteen meters high, so

1796
01:25:21,360 --> 01:25:23,960
Speaker 27: getting to the top of the warehouse. So really it's

1797
01:25:24,000 --> 01:25:26,200
Speaker 27: about how they can do this more efficiently and more

1798
01:25:26,200 --> 01:25:27,240
Speaker 27: effectively over time.

1799
01:25:27,320 --> 01:25:29,320
Speaker 2: And then how many drones and robots have they got

1800
01:25:29,400 --> 01:25:30,800
Speaker 2: going at any one time on this.

1801
01:25:31,400 --> 01:25:34,040
Speaker 27: At the moment, it's one, so it's a pilot and

1802
01:25:34,760 --> 01:25:38,040
Speaker 27: they're using it pretty much through the evening to actually

1803
01:25:38,080 --> 01:25:38,799
Speaker 27: do the stock.

1804
01:25:38,600 --> 01:25:42,599
Speaker 2: Take every ten days, No, as often as.

1805
01:25:42,520 --> 01:25:44,519
Speaker 27: They need to really in the case, yeah, so they

1806
01:25:44,520 --> 01:25:46,600
Speaker 27: can do it whenever they want, really, so effectively, what

1807
01:25:46,640 --> 01:25:49,080
Speaker 27: we've done, we've worked with Ericson and also a company

1808
01:25:49,080 --> 01:25:53,000
Speaker 27: good Cipher Robotics, and the private five G network which

1809
01:25:53,040 --> 01:25:56,320
Speaker 27: is enabled by Ericson, gives great coverage within the warehouse

1810
01:25:56,560 --> 01:25:58,479
Speaker 27: and it enables the robot to go up and down

1811
01:25:58,479 --> 01:26:00,760
Speaker 27: an aisle whenever requid.

1812
01:26:00,400 --> 01:26:03,360
Speaker 2: Well, why did you have to build its own little

1813
01:26:03,640 --> 01:26:05,639
Speaker 2: private five G network? Why is it not just using

1814
01:26:05,680 --> 01:26:07,519
Speaker 2: the regular five G network like the rest of us.

1815
01:26:08,360 --> 01:26:11,320
Speaker 27: It provides more autonomy sort the latency that your need

1816
01:26:11,360 --> 01:26:15,040
Speaker 27: to actually run a warehouse. It's much more effective, it

1817
01:26:15,080 --> 01:26:18,560
Speaker 27: gives better coverage, it provides them with their own individual solutions,

1818
01:26:18,560 --> 01:26:22,559
Speaker 27: so it's it's not impacted by the broader network.

1819
01:26:23,160 --> 01:26:25,360
Speaker 2: You're going to have to put that in assume I

1820
01:26:25,400 --> 01:26:27,559
Speaker 2: know nothing, put that into normal people's language for me,

1821
01:26:27,640 --> 01:26:28,519
Speaker 2: what does that even mean?

1822
01:26:29,560 --> 01:26:31,960
Speaker 27: So what it really means is is that it provides

1823
01:26:32,080 --> 01:26:35,519
Speaker 27: much better coverage within the warehouse from a connectivity perspective, Yes,

1824
01:26:35,520 --> 01:26:38,920
Speaker 27: and it enables the robot to actually connect to the

1825
01:26:38,960 --> 01:26:40,000
Speaker 27: network more effectively.

1826
01:26:40,120 --> 01:26:43,599
Speaker 2: Okay, so thank you Mark, Now I understand it, okay,

1827
01:26:43,600 --> 01:26:44,880
Speaker 2: So it's not going to hit a black spot and

1828
01:26:44,920 --> 01:26:46,439
Speaker 2: fall out of the sky type of thing like. It

1829
01:26:46,479 --> 01:26:49,400
Speaker 2: will have absolutely five G everywhere inside that warehouse.

1830
01:26:49,880 --> 01:26:52,559
Speaker 27: Absolutely, that's that's absolutely the aim of what we do

1831
01:26:52,640 --> 01:26:53,840
Speaker 27: with a private private five G.

1832
01:26:54,200 --> 01:26:57,120
Speaker 2: Is there some AI going on here as well? Not?

1833
01:26:57,120 --> 01:26:59,439
Speaker 27: Not in this case. In this case, it's very much

1834
01:26:59,439 --> 01:27:03,040
Speaker 27: around autonomous. So from that perspective, it is going up

1835
01:27:03,080 --> 01:27:04,280
Speaker 27: and down the aisle autonomously.

1836
01:27:04,400 --> 01:27:06,040
Speaker 2: Yeah, so there is a little bit.

1837
01:27:05,920 --> 01:27:09,840
Speaker 27: Of AI built into how it operates. But realistically what

1838
01:27:09,880 --> 01:27:11,519
Speaker 27: it does is it sets a course, it looks at

1839
01:27:11,520 --> 01:27:13,519
Speaker 27: the aisle that it's going up and down, it scans

1840
01:27:13,520 --> 01:27:16,200
Speaker 27: every single item from bottom to the top and that,

1841
01:27:16,400 --> 01:27:19,040
Speaker 27: and then it concludes what they would class as its mission.

1842
01:27:19,160 --> 01:27:21,080
Speaker 2: Now, this seems to me like a no brainer. Why

1843
01:27:21,080 --> 01:27:23,040
Speaker 2: has it taken so long to get one of the

1844
01:27:23,040 --> 01:27:23,960
Speaker 2: first ones underway.

1845
01:27:25,240 --> 01:27:28,519
Speaker 27: It's really about bringing different types and looking for different

1846
01:27:28,520 --> 01:27:32,559
Speaker 27: types of solutions for problems, and so the private five

1847
01:27:32,600 --> 01:27:35,320
Speaker 27: G network within five g's always been there, but really

1848
01:27:35,320 --> 01:27:37,080
Speaker 27: it's about what you built over the top of it

1849
01:27:37,160 --> 01:27:39,680
Speaker 27: with different types of solutions. So you bring that convergence

1850
01:27:39,760 --> 01:27:42,800
Speaker 27: together and you're looking for different types of problems. So

1851
01:27:43,200 --> 01:27:44,880
Speaker 27: for instance, in a port there might be a different

1852
01:27:44,880 --> 01:27:47,719
Speaker 27: type of solution that you need. In a manufacturing facility,

1853
01:27:47,720 --> 01:27:50,000
Speaker 27: it's a different type of problem. So really this is

1854
01:27:50,040 --> 01:27:51,800
Speaker 27: the first one of its kind in New Zealand and

1855
01:27:52,120 --> 01:27:53,400
Speaker 27: hopefully there's going to be a lot more.

1856
01:27:53,560 --> 01:27:56,080
Speaker 2: Yeah, Now what does it cost? I mean is if

1857
01:27:56,080 --> 01:27:58,360
Speaker 2: somebody is sitting there like thinkingg's I need one of

1858
01:27:58,400 --> 01:28:00,600
Speaker 2: those for myself? How much money do they have to

1859
01:28:00,640 --> 01:28:01,240
Speaker 2: scrape together?

1860
01:28:02,240 --> 01:28:04,000
Speaker 27: Well, it depends on the solution, to be honest, and

1861
01:28:04,280 --> 01:28:07,120
Speaker 27: it also depends on the type of private five gen

1862
01:28:07,200 --> 01:28:10,280
Speaker 27: network that you need. And there's there's so many different variables.

1863
01:28:10,080 --> 01:28:13,200
Speaker 27: It's it's based on size of we you need the

1864
01:28:13,200 --> 01:28:13,760
Speaker 27: private five.

1865
01:28:15,560 --> 01:28:19,639
Speaker 2: Tens hundreds of thousands, millions, what's the board.

1866
01:28:20,520 --> 01:28:22,320
Speaker 27: It would be, it would be in the hundreds of

1867
01:28:22,320 --> 01:28:24,439
Speaker 27: thousands up in terms of the type of solution that

1868
01:28:24,479 --> 01:28:27,439
Speaker 27: you would need, And it's it's really about it depends

1869
01:28:27,439 --> 01:28:29,439
Speaker 27: on the actual requirement that you would need to go

1870
01:28:29,479 --> 01:28:29,880
Speaker 27: and build.

1871
01:28:30,439 --> 01:28:31,840
Speaker 2: This is going to have a huge impact on in

1872
01:28:31,880 --> 01:28:34,440
Speaker 2: New Zealand's productivity out to managine, wouldn't it an accuracy?

1873
01:28:35,240 --> 01:28:35,439
Speaker 3: Look?

1874
01:28:35,439 --> 01:28:36,880
Speaker 27: And that's that's the reason we did it. It's a

1875
01:28:36,880 --> 01:28:38,880
Speaker 27: really good use case to help them become, you know,

1876
01:28:39,920 --> 01:28:41,840
Speaker 27: a digital air line, a world leading digitally air line.

1877
01:28:41,880 --> 01:28:43,519
Speaker 27: So and that was one of the reasons that we

1878
01:28:43,560 --> 01:28:45,080
Speaker 27: were really keen to do it with the New Zealand

1879
01:28:45,120 --> 01:28:47,639
Speaker 27: because that's their mission to be the world's leading digital aligne.

1880
01:28:47,680 --> 01:28:49,839
Speaker 27: So if we can help them do that, that's fantastic.

1881
01:28:49,920 --> 01:28:52,360
Speaker 2: Yeah, very cool, Mark, thanks very much, appreciate it, Mark Beta,

1882
01:28:52,800 --> 01:28:55,160
Speaker 2: customer director for Enterprise and Government.

1883
01:28:54,760 --> 01:28:57,599
Speaker 3: At Spark Together Do for c Ellen.

1884
01:28:59,160 --> 01:29:01,760
Speaker 2: Sam is not going to the Lord event. Sam has

1885
01:29:01,800 --> 01:29:05,360
Speaker 2: been pacing in and out of the studio. Sam is distressed.

1886
01:29:06,120 --> 01:29:09,680
Speaker 2: What okay, So he's been doing his research. So it

1887
01:29:09,760 --> 01:29:12,160
Speaker 2: is apparently not at the container. One tic set of

1888
01:29:12,240 --> 01:29:13,880
Speaker 2: it's at the container that popped up down at the

1889
01:29:13,920 --> 01:29:16,679
Speaker 2: viaduct is apparently not at the container because we called

1890
01:29:16,680 --> 01:29:18,919
Speaker 2: Auckland Council. They said no, it's not at the container,

1891
01:29:20,080 --> 01:29:22,240
Speaker 2: but not be lying to Sam. Sam's good.

1892
01:29:22,720 --> 01:29:25,160
Speaker 26: They're probably there are musicians playing at that container from

1893
01:29:25,280 --> 01:29:27,559
Speaker 26: yesterday right through to Sunday, so there's probably someone else

1894
01:29:27,560 --> 01:29:29,840
Speaker 26: playing at that container who may be really surprised at

1895
01:29:29,840 --> 01:29:33,280
Speaker 26: the big crowd they're going to get afterday an enormous

1896
01:29:33,320 --> 01:29:35,479
Speaker 26: audience Yeah, hopefully if anyone was listening and we were

1897
01:29:35,520 --> 01:29:37,360
Speaker 26: talking about the container is still listening now.

1898
01:29:37,200 --> 01:29:38,640
Speaker 2: Not Lord, Guys, it's somebody else.

1899
01:29:38,640 --> 01:29:40,000
Speaker 26: I'm sure here for it will be great, but yeah,

1900
01:29:40,000 --> 01:29:40,599
Speaker 26: probably not Lord.

1901
01:29:40,720 --> 01:29:43,599
Speaker 2: Yeah, it's also not at the event center. Now. How

1902
01:29:43,680 --> 01:29:45,680
Speaker 2: we know it's not at the Viaduct event Center is

1903
01:29:45,720 --> 01:29:48,240
Speaker 2: because that's just not the vibe, right, Lord's not that

1904
01:29:48,360 --> 01:29:52,720
Speaker 2: kind of a vibe. She's she's more like a get

1905
01:29:52,840 --> 01:29:56,200
Speaker 2: out of the backyard with some fairy lights and bubble machines. Hey,

1906
01:29:56,240 --> 01:29:57,679
Speaker 2: do you know what I mean, like like a little

1907
01:29:57,720 --> 01:29:59,439
Speaker 2: bit of a little bit of bunting here and there.

1908
01:29:59,720 --> 01:30:01,679
Speaker 26: You know, Well, normally i'd agree, hehither, But we've already

1909
01:30:01,720 --> 01:30:03,920
Speaker 26: established it somewhere indoors, so the backyard's right out of

1910
01:30:03,920 --> 01:30:04,240
Speaker 26: it again.

1911
01:30:04,320 --> 01:30:07,920
Speaker 2: Yet, Okay, somebody's basement with fairy lights and buntings and

1912
01:30:08,360 --> 01:30:11,080
Speaker 2: bubble machines, it's not going to be the Viaduct Events

1913
01:30:11,080 --> 01:30:14,479
Speaker 2: Center in Auckland, apparently. Twitter says also like there's no

1914
01:30:14,520 --> 01:30:16,360
Speaker 2: way she would fill the Viaduct event Center with a

1915
01:30:16,439 --> 01:30:18,719
Speaker 2: number of people that she's invited, because, according to Twitter,

1916
01:30:19,280 --> 01:30:22,200
Speaker 2: there are only footy invitations that have been sent out

1917
01:30:22,720 --> 01:30:25,360
Speaker 2: and they have plus ones. So the maximum crowd that

1918
01:30:25,400 --> 01:30:28,559
Speaker 2: she's going to have there is eighty people plus herself

1919
01:30:28,560 --> 01:30:30,880
Speaker 2: and her band, you know, and whoever's filming it? Because

1920
01:30:30,920 --> 01:30:32,840
Speaker 2: is this for another music video? She's doing this again?

1921
01:30:32,960 --> 01:30:34,479
Speaker 2: Is that what it is? Maybe that's what it is?

1922
01:30:35,120 --> 01:30:37,920
Speaker 2: What's that we think? So we think it's her second

1923
01:30:38,160 --> 01:30:40,320
Speaker 2: Oh so she's releasing the music video with the single

1924
01:30:40,320 --> 01:30:42,920
Speaker 2: that comes out tomorrow. Maybe. So I have got some

1925
01:30:43,080 --> 01:30:46,200
Speaker 2: people in my life who are far cooler than I am,

1926
01:30:46,520 --> 01:30:49,040
Speaker 2: and I've messaged them all to see if they know,

1927
01:30:49,240 --> 01:30:52,000
Speaker 2: and all of them are quiet now. Either it's because

1928
01:30:52,040 --> 01:30:54,840
Speaker 2: they don't they haven't messaged me back. Either that's because

1929
01:30:54,880 --> 01:30:56,960
Speaker 2: they have got invitations and they don't want to tell

1930
01:30:56,960 --> 01:30:59,000
Speaker 2: me and then have all of us numpties turn up

1931
01:30:59,000 --> 01:31:01,760
Speaker 2: there as well. Or it's because they haven't got invitations

1932
01:31:01,760 --> 01:31:07,440
Speaker 2: and they're ashamed of themselves. We don't know so anyway.

1933
01:31:06,439 --> 01:31:07,799
Speaker 26: Or their phone might be in the other room.

1934
01:31:08,360 --> 01:31:10,360
Speaker 2: Or they're already there in the phones in the other

1935
01:31:10,439 --> 01:31:11,840
Speaker 2: room or whatever like wya.

1936
01:31:11,840 --> 01:31:13,160
Speaker 26: Maybe it's one of those things where they take your

1937
01:31:13,160 --> 01:31:15,160
Speaker 26: phone off you so that you don't film anything or something.

1938
01:31:15,280 --> 01:31:17,639
Speaker 2: You know, this better actually be cool tomorrow, Laura, because

1939
01:31:17,640 --> 01:31:20,040
Speaker 2: we have talked the hell of we've talked it up

1940
01:31:20,160 --> 01:31:23,559
Speaker 2: ah like we've made Lord sound cool, so she better deliver.

1941
01:31:23,840 --> 01:31:26,519
Speaker 2: She probably will anyway. So there will be no spending

1942
01:31:26,560 --> 01:31:28,040
Speaker 2: on the company uber, there will be no spending on

1943
01:31:28,040 --> 01:31:29,920
Speaker 2: the company credit card. There'll be nothing of that going

1944
01:31:29,960 --> 01:31:33,120
Speaker 2: on because and Sam, other than counseling for Sam, who

1945
01:31:33,160 --> 01:31:37,640
Speaker 2: is miserable about the situation. Right now, sixteen away from sevencroaging.

1946
01:31:36,840 --> 01:31:38,720
Speaker 3: The numbers and getting the results.

1947
01:31:38,960 --> 01:31:41,840
Speaker 1: It's hither due for Sea Ellen with the business hour

1948
01:31:42,160 --> 01:31:46,200
Speaker 1: and mayas insurance and investments will grow your wealth, protect

1949
01:31:46,200 --> 01:31:46,679
Speaker 1: your future.

1950
01:31:47,040 --> 01:31:49,479
Speaker 3: US talks, that'd be Kevin Gray.

1951
01:31:49,479 --> 01:31:52,960
Speaker 2: Are UK correspondents with US? Now, Hey, Kevin, hi there,

1952
01:31:53,160 --> 01:31:55,280
Speaker 2: given I'm fascinated by the fact that the French are

1953
01:31:55,320 --> 01:31:57,559
Speaker 2: not interested in that marital shove. What do you think?

1954
01:31:58,720 --> 01:32:01,280
Speaker 19: Yeah, it does seem he doesn't it. But I have

1955
01:32:01,320 --> 01:32:02,880
Speaker 19: to say I think the French do have a very

1956
01:32:02,920 --> 01:32:08,320
Speaker 19: different attitude towards affairs, affairs of the heart, but also

1957
01:32:09,040 --> 01:32:13,759
Speaker 19: just towards sort of people's personal behavior, and particularly over

1958
01:32:13,800 --> 01:32:16,320
Speaker 19: there bringing up of a family and what is and

1959
01:32:16,439 --> 01:32:20,160
Speaker 19: is not acceptable with regard to punishment and so forth,

1960
01:32:20,560 --> 01:32:25,080
Speaker 19: and certainly with regard to romantics. Or affairs. We've seen

1961
01:32:25,160 --> 01:32:28,200
Speaker 19: several former presidents prime ministers of France have an affair

1962
01:32:28,600 --> 01:32:31,160
Speaker 19: and the country really not take that much notice. They

1963
01:32:31,200 --> 01:32:34,280
Speaker 19: really do think that is personal. They don't think it's

1964
01:32:34,280 --> 01:32:36,280
Speaker 19: got anything to do with their jobs, so they can't

1965
01:32:36,280 --> 01:32:38,040
Speaker 19: see why its of interest to the rest of us.

1966
01:32:38,280 --> 01:32:41,280
Speaker 19: The rest of the world's media, however, have really poured

1967
01:32:41,320 --> 01:32:43,519
Speaker 19: into this. And when you look through that footage of

1968
01:32:43,560 --> 01:32:47,200
Speaker 19: the plane door opening, you know on so many state visits,

1969
01:32:47,200 --> 01:32:50,320
Speaker 19: it's so well choreographed, the fact that he was standing

1970
01:32:50,320 --> 01:32:52,720
Speaker 19: there and then got this push and then says it

1971
01:32:52,760 --> 01:32:54,640
Speaker 19: was a joke. When you slow the footage down, it

1972
01:32:54,720 --> 01:32:57,200
Speaker 19: doesn't look that particularly joky to me.

1973
01:32:57,479 --> 01:33:01,800
Speaker 2: No, not at all. Interesting attitude from the French. Is

1974
01:33:01,840 --> 01:33:04,800
Speaker 2: this an attitude that is just you know, like as

1975
01:33:04,800 --> 01:33:07,599
Speaker 2: in your personal life as your personal life and nobody

1976
01:33:07,600 --> 01:33:10,439
Speaker 2: else has a say on it. Is that exclusive to

1977
01:33:10,479 --> 01:33:12,600
Speaker 2: politicians or do they extend it to everybody?

1978
01:33:13,960 --> 01:33:18,360
Speaker 19: It's pretty much extended to everybody in the public life, unless,

1979
01:33:18,400 --> 01:33:20,360
Speaker 19: of course, you are an advocate of one thing and

1980
01:33:20,400 --> 01:33:23,000
Speaker 19: then come out in your personal life and do something different.

1981
01:33:23,360 --> 01:33:25,360
Speaker 19: But certainly, when you when you look at some of

1982
01:33:25,400 --> 01:33:29,919
Speaker 19: the big stars Jeradepaju, of course, being in court recently

1983
01:33:30,040 --> 01:33:33,920
Speaker 19: and found guilty of various charges against women on film

1984
01:33:33,960 --> 01:33:36,559
Speaker 19: sets and so forth. They do really have a different

1985
01:33:36,600 --> 01:33:39,400
Speaker 19: attitude because they seem to think, well, it's you know

1986
01:33:39,439 --> 01:33:41,880
Speaker 19: that that's part of their personal lives, nothing to do

1987
01:33:41,920 --> 01:33:44,320
Speaker 19: with us. It's not to do with their job. As

1988
01:33:44,320 --> 01:33:46,280
Speaker 19: long as I still like that politician or I like

1989
01:33:46,360 --> 01:33:49,200
Speaker 19: that actor, or I like that celebrity, then that's nothing

1990
01:33:49,240 --> 01:33:51,559
Speaker 19: to do with me. But in other countries, of course

1991
01:33:51,960 --> 01:33:55,439
Speaker 19: New Zealand UK no different. It can cost somebody their job,

1992
01:33:55,520 --> 01:33:58,920
Speaker 19: it can certainly cost somebody their reputation, and so that

1993
01:33:59,160 --> 01:34:01,599
Speaker 19: that attitude from France, I must say, I can't think

1994
01:34:01,640 --> 01:34:04,439
Speaker 19: of many, if any other countries around the world that

1995
01:34:04,520 --> 01:34:07,000
Speaker 19: has that similar sort of less a fair look.

1996
01:34:06,920 --> 01:34:09,240
Speaker 2: Yeah, it's totally they may and staying in France, by

1997
01:34:09,280 --> 01:34:10,840
Speaker 2: the way, I see that they've erased it around. It

1998
01:34:10,920 --> 01:34:14,080
Speaker 2: up more than twenty people about those cryptocurrency kidnappings.

1999
01:34:15,160 --> 01:34:18,920
Speaker 19: Yes, there have been lots of cryptocurrency kidnappings or attempted

2000
01:34:19,000 --> 01:34:22,639
Speaker 19: kidnappings in France, and this is all because the apparently

2001
01:34:22,640 --> 01:34:25,439
Speaker 19: the crooks believe this is a quick way to make money.

2002
01:34:25,680 --> 01:34:30,439
Speaker 19: Identify those who have a large cryptocurrency holding hold a

2003
01:34:30,560 --> 01:34:35,400
Speaker 19: relative to ransom and then simply demand the cryptocurrency over.

2004
01:34:35,800 --> 01:34:38,960
Speaker 19: Much more difficult to trace than hard cash, much easier

2005
01:34:39,000 --> 01:34:42,040
Speaker 19: to transfer than hard cash, so police have now rested

2006
01:34:42,080 --> 01:34:47,000
Speaker 19: it's thought twenty four people taken into custody, and the

2007
01:34:47,040 --> 01:34:49,800
Speaker 19: whole incidents really been sparked by the fact there have

2008
01:34:49,880 --> 01:34:54,400
Speaker 19: been a number of kidnapping plots, but more recently. Earlier

2009
01:34:54,439 --> 01:34:57,439
Speaker 19: in May there was an attempted kidnapping of a woman

2010
01:34:57,560 --> 01:35:00,360
Speaker 19: and child in Paris, and it's believed that one other

2011
01:35:00,400 --> 01:35:04,640
Speaker 19: member of the family was a cryptocurrency multi multi millionaire.

2012
01:35:05,280 --> 01:35:08,360
Speaker 19: And it also follows a couple of other happenings right

2013
01:35:08,400 --> 01:35:11,519
Speaker 19: across France, but mostly in and around Paris where there

2014
01:35:11,520 --> 01:35:13,800
Speaker 19: have been these abductions are attempted abductions.

2015
01:35:13,880 --> 01:35:16,600
Speaker 2: Given where are the remains of the Spanish saint.

2016
01:35:17,960 --> 01:35:22,640
Speaker 19: These are fascinating actually because of course saints are supposed

2017
01:35:22,640 --> 01:35:27,439
Speaker 19: to effectively not decay very much when they die. That

2018
01:35:27,560 --> 01:35:30,800
Speaker 19: is a sign of them being saintly. So Catholic worshippers

2019
01:35:30,840 --> 01:35:34,160
Speaker 19: have been turning up to Albert de Tomes It's in

2020
01:35:34,200 --> 01:35:37,759
Speaker 19: Western Spain, to view relics of Saint Theresa of Avilla.

2021
01:35:38,080 --> 01:35:42,519
Speaker 19: She's a sixteenth century religious reformer. She's in a silver casket,

2022
01:35:42,520 --> 01:35:44,720
Speaker 19: and the faithful have lined up in their tens of

2023
01:35:44,800 --> 01:35:48,839
Speaker 19: thousands to see her, silent and wonderstruck as the remains

2024
01:35:48,840 --> 01:35:51,080
Speaker 19: of the mystic have been put on display for the

2025
01:35:51,120 --> 01:35:53,320
Speaker 19: first time in more than one hundred years now. It

2026
01:35:53,400 --> 01:35:56,840
Speaker 19: is effectively like seeing somebody in an open top silver

2027
01:35:56,920 --> 01:36:01,080
Speaker 19: coffin and they're just a skeleton. She dies in fifteen

2028
01:36:01,160 --> 01:36:03,920
Speaker 19: eighty two and is a big, big figure and a

2029
01:36:03,920 --> 01:36:07,320
Speaker 19: big player from Spain's Golden Age and the sixteenth century

2030
01:36:07,439 --> 01:36:11,200
Speaker 19: counter Reformation. But some are saying, is this just like

2031
01:36:11,479 --> 01:36:15,720
Speaker 19: tourism morbidity. Yeah, but tourism curiosity in the morbid so

2032
01:36:15,800 --> 01:36:18,320
Speaker 19: that's what they're looking at. But others are saying, no,

2033
01:36:18,360 --> 01:36:19,840
Speaker 19: it's good to show off the saints as they are.

2034
01:36:20,000 --> 01:36:23,640
Speaker 2: Yeah, Kevin, thanks very much. I really Appreciateskevin Gray are

2035
01:36:23,720 --> 01:36:25,240
Speaker 2: UK correspondent. Eight Away from seven.

2036
01:36:26,320 --> 01:36:29,600
Speaker 1: It's the Heather Too plus Allen Drive Full Show podcast

2037
01:36:29,680 --> 01:36:32,479
Speaker 1: on iHeartRadio powered by Newstalk Zebby.

2038
01:36:33,560 --> 01:36:36,320
Speaker 2: Oh. I almost forgot to say, hey, thank you so

2039
01:36:36,400 --> 01:36:40,320
Speaker 2: much to Sharon Stewart Auckland Counselor for her thirty years

2040
01:36:40,320 --> 01:36:44,880
Speaker 2: of service. She's stepping down at October's local body elections

2041
01:36:44,920 --> 01:36:47,120
Speaker 2: after did I say thirty years? Did you want me

2042
01:36:47,120 --> 01:36:52,479
Speaker 2: to read that name again? Sharon Stewart me, neither. Listen,

2043
01:36:52,520 --> 01:36:54,320
Speaker 2: that piker of a movie looks really good. Eight. So

2044
01:36:54,320 --> 01:36:56,400
Speaker 2: they put out the trailer. Hey, listen, I want the

2045
01:36:56,439 --> 01:37:01,519
Speaker 2: truth for my son and I want justice. I would

2046
01:37:01,520 --> 01:37:03,880
Speaker 2: have given up a long time ago if a Hedden

2047
01:37:03,960 --> 01:37:12,799
Speaker 2: men there. How good does that sound? That's Robin Malcolm

2048
01:37:12,800 --> 01:37:18,200
Speaker 2: in there. Robin Malcolm's acting so strong, Melanielinski m so strong.

2049
01:37:18,479 --> 01:37:21,600
Speaker 2: They are playing Sonya Rockhouse and Anna Osborne. One of

2050
01:37:21,640 --> 01:37:23,680
Speaker 2: them lost their sons, one of the one of them

2051
01:37:23,680 --> 01:37:26,679
Speaker 2: lost the husband, and they became friend They basically started

2052
01:37:26,720 --> 01:37:30,040
Speaker 2: fighting the system and they became friends. And the fight

2053
01:37:30,160 --> 01:37:31,960
Speaker 2: was to try to get the bodies of the men back.

2054
01:37:32,400 --> 01:37:35,160
Speaker 2: What's interesting, Oh, I can't even underscore to you how

2055
01:37:35,240 --> 01:37:37,800
Speaker 2: much I am excited about this coming out, because I

2056
01:37:37,840 --> 01:37:39,439
Speaker 2: do love a good drama and these guys will do

2057
01:37:39,479 --> 01:37:44,479
Speaker 2: a fantastic job. Interestingly, premiering at the Sydney International Film

2058
01:37:44,520 --> 01:37:47,160
Speaker 2: Festival next month, not in New Zealand, and we have

2059
01:37:47,200 --> 01:37:49,439
Speaker 2: to wait until October for it's premiere here. It's going

2060
01:37:49,479 --> 01:37:53,439
Speaker 2: to premiere in Graymouth. Now, don't get upset about that,

2061
01:37:53,920 --> 01:37:57,519
Speaker 2: because I'll tell you why. Because this looks like an

2062
01:37:57,600 --> 01:38:03,800
Speaker 2: outstanding film and if premiering somewhere big like Sydney helps

2063
01:38:03,840 --> 01:38:05,840
Speaker 2: it to get an international audience and make as much

2064
01:38:05,840 --> 01:38:07,839
Speaker 2: money as possible and get as much coverage as possible

2065
01:38:07,840 --> 01:38:10,080
Speaker 2: and get as many eyeballs there, then I can't begrudge

2066
01:38:10,120 --> 01:38:11,880
Speaker 2: him that aim like they have got to do what

2067
01:38:11,880 --> 01:38:13,760
Speaker 2: they've got to do to try and get as many

2068
01:38:13,760 --> 01:38:14,920
Speaker 2: people watching it as possible.

2069
01:38:14,960 --> 01:38:18,680
Speaker 26: So all power to them and supercut by Lord to

2070
01:38:18,680 --> 01:38:20,200
Speaker 26: play us out tonight. I feel like this has been

2071
01:38:20,200 --> 01:38:22,320
Speaker 26: the big music news of the day. Unfortunately, I can

2072
01:38:22,439 --> 01:38:24,920
Speaker 26: see Sam out there. Oh yeah, he's on the phone

2073
01:38:24,960 --> 01:38:25,760
Speaker 26: in the in this.

2074
01:38:26,400 --> 01:38:27,080
Speaker 12: Now has he.

2075
01:38:27,160 --> 01:38:30,000
Speaker 2: Spent on this? Like and what does the opportunity cost

2076
01:38:30,040 --> 01:38:32,360
Speaker 2: to us? Of other stuff? He hasn't been doing well?

2077
01:38:32,400 --> 01:38:34,439
Speaker 26: I mean, where people are always complaining about the young

2078
01:38:34,479 --> 01:38:36,559
Speaker 26: ones and gen z about how they stay inside on

2079
01:38:36,600 --> 01:38:38,120
Speaker 26: their phones all day. Here we are, we're trying to

2080
01:38:38,120 --> 01:38:40,000
Speaker 26: get him out. Yes, we're trying to get him out

2081
01:38:40,000 --> 01:38:41,960
Speaker 26: and amongst and you know, going to events and going

2082
01:38:41,960 --> 01:38:43,200
Speaker 26: out there. So I think, well, I think this is

2083
01:38:43,240 --> 01:38:45,320
Speaker 26: a very very good thing for us all to be doing,

2084
01:38:45,360 --> 01:38:47,439
Speaker 26: and the news values if he can get inside there,

2085
01:38:47,479 --> 01:38:48,920
Speaker 26: I think it's well worth it. We've got to go

2086
01:38:48,920 --> 01:38:50,280
Speaker 26: go big or go home. Here that we've got to

2087
01:38:50,280 --> 01:38:52,160
Speaker 26: take risks. Oh, so I think he really wants to

2088
01:38:52,200 --> 01:38:54,600
Speaker 26: go to Lord. This is his favorite song from Lord's supercut.

2089
01:38:54,960 --> 01:38:58,360
Speaker 2: Look, I'm not his boss. I'm no one's boss. Laura

2090
01:38:58,400 --> 01:39:00,599
Speaker 2: the German is his boss, and she does look phazed

2091
01:39:00,640 --> 01:39:03,479
Speaker 2: about it. It's just chill about this. Look awesome to

2092
01:39:03,520 --> 01:39:06,080
Speaker 2: work for. Actually, you might need to work for her

2093
01:39:06,120 --> 01:39:07,519
Speaker 2: myself to spend all days.

2094
01:39:07,640 --> 01:39:09,799
Speaker 26: I'm just gonna remember this the next time. I'm a musician.

2095
01:39:09,800 --> 01:39:12,200
Speaker 26: I'm really into town and I think you should probably

2096
01:39:12,200 --> 01:39:14,000
Speaker 26: shore the next time of Boy and Bear announced like

2097
01:39:14,000 --> 01:39:15,920
Speaker 26: a surprise pop up in Auckland. We're just gonna have

2098
01:39:15,960 --> 01:39:17,240
Speaker 26: to bring this up for Yes, we.

2099
01:39:17,320 --> 01:39:20,839
Speaker 2: Just need hours to try. Maybe it's at a gallery

2100
01:39:20,840 --> 01:39:23,320
Speaker 2: in Devenport where her mother lives, because the gallery is

2101
01:39:23,360 --> 01:39:26,640
Speaker 2: a long term supporter of Kiwi music. It's hard to

2102
01:39:26,640 --> 01:39:29,759
Speaker 2: get across the ferry though. You won't have time for that, Willie. Anyway,

2103
01:39:29,880 --> 01:39:31,440
Speaker 2: enjoy your Lord, see you tomorrow.

2104
01:39:31,200 --> 01:39:38,440
Speaker 14: Afluesting Come on till everything.

2105
01:39:39,360 --> 01:39:41,320
Speaker 6: You call off the.

2106
01:39:43,520 --> 01:39:48,360
Speaker 24: Moment fluescing Come on.

2107
01:40:16,760 --> 01:40:19,920
Speaker 1: For more from Hither Duplessy Allen Drive. Listen live to

2108
01:40:20,040 --> 01:40:23,040
Speaker 1: News Talks A B from four pm weekdays, or follow

2109
01:40:23,080 --> 01:40:24,840
Speaker 1: the podcast on iHeartRadio