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Speaker 1: The only drive show you can try the truck to

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Speaker 1: ask the questions, get the answers, find a fag sack

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Speaker 1: and give the analysis. Heather Duplicy Ellen, Drive with One

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Speaker 1: New Zealand and the Power of Satellite Mobile News Talks.

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Speaker 2: ENV Afternoon, Welcome to the show coming up today on

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Speaker 2: the Trump Garza piece deal. We're going to speak to

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Speaker 2: former Blair advisor Tony Blair advisor John McTurnan on whether

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Speaker 2: this plan will work, the CTU on how much it's

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Speaker 2: going to cost to fix the electricity sector the way

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Speaker 2: they want to, which is to renationalize the Gen Taylor's

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Speaker 2: and then the weird spat about the horse riders being

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Speaker 2: banned from the Awtucky Living Pathway.

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Speaker 3: Heather Duplicy Ellen.

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Speaker 2: So after Trump and Benjamin NETTNYA, who's press conference this

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Speaker 2: morning today may be a turning point for peace in

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Speaker 2: the Middle East, or it may not be because so

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Speaker 2: much remains uncertain, doesn't it, including and probably absolutely, I

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Speaker 2: would say, most importantly whether Hamas is going to agree

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Speaker 2: to this deal or not? And who can say because

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Speaker 2: it's Hamas not really rational actors, are they, But either

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Speaker 2: it feels like, don't you get the impression. They're a

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Speaker 2: little bit snookered by what happened this morning, by the

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Speaker 2: fact that Trump and Benyamin Netanya, who went out and

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Speaker 2: publicly said we're on board with the steal is Hamas.

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Speaker 2: They feel snookered because if Hamas is good at one thing,

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Speaker 2: it's propaganda, isn't it. Somehow they've managed to turn themselves

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Speaker 2: from the murdering terrorists that they actually are into some

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Speaker 2: sort of heroic freedom fighters in the eyes of some

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Speaker 2: people in the West. Now, that's a story that's going

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Speaker 2: to be very hard to maintain if they do end

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Speaker 2: up saying no to the steal within the next three days,

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Speaker 2: because this deal means peace basically immediately. Yes, Hamas would

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Speaker 2: be required to give up a lot. They would have

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Speaker 2: to give up control of Gaza. They would never ever

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Speaker 2: be able to be in any way involved in the

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Speaker 2: running of the place. But so with Israel. Israel would

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Speaker 2: have to give up quite a lot as well. Israel

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Speaker 2: would have to grant Hamas clemency. Remember, these are people

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Speaker 2: that Israel vowed to take out completely. But at least

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Speaker 2: the people of Gaza would be free of the war,

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Speaker 2: and the people of Gaza would be fed and an

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Speaker 2: administration would be set up to run Gaza in what

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Speaker 2: does feel like a first step, an interim step, if

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Speaker 2: you like, towards what could become a state of Palestine.

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Speaker 2: So it is basically what Hamas has fought for, and

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Speaker 2: it also ends the suffering of the innocent, except they

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Speaker 2: just can't be part of it. Trump's agreed, Netanyahoo's agreed.

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Speaker 2: The only people left to agree are Hamas, and if

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Speaker 2: they say no to the deal, it's going to be

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Speaker 2: very hard for anyone to carry on with the pretense

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Speaker 2: that Hamas are good guys or even bad guys motivated

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Speaker 2: by good ends.

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Speaker 3: Good Heather do for ce Ellen, I swear to God

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Speaker 3: as serve.

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Speaker 2: Nineteen nineteen is the text number standard text feez apply now.

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Speaker 2: It sounded like the deal of the century when Kayinger

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Speaker 2: Order sold Wellington's Dixon Street flats for just over one

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Speaker 2: million dollars, and it turns out was the deal of

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Speaker 2: the century because just what two weeks and six days

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Speaker 2: later or something like that, the new owners, the Wellington

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Speaker 2: e We Taranaki fannui on sold the property to a

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Speaker 2: developer for three million dollars. Ben McNulty is a Wellington

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Speaker 2: City councilor and with us Hey Ben good sounds like

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Speaker 2: a rubbish deal for the taxpayer, wasn't it.

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Speaker 4: Look the building was in such a state When you

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Speaker 4: actually do the maths on it, even at the three million,

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Speaker 4: it's less than twenty five thousand dollars an apartment, which

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Speaker 4: speaks about the actual potential to do that building. So yes,

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Speaker 4: the taxpayer has missed out. But the opportunity cost of

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Speaker 4: this is that we have another Gordon Wilson Flats. I

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Speaker 4: mean you've got almost a two hundred meters straight line

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Speaker 4: between Dickson Street Flats and the Gordon Wilson Flats. That

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Speaker 4: was the opportunity cost of you know, bartering and leaving

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Speaker 4: it for a long time from the Wellington perspective, which

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Speaker 4: is glad to see something happening.

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Speaker 2: And I can understand that. But you didn't have to.

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Speaker 2: They didn't have to barter for a long time. They

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Speaker 2: could have just gone to Ian Castle's and said the

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Speaker 2: ew we don't want to pay any more than a million,

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Speaker 2: how much are you going to pay?

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Speaker 4: Might have got three yeah, because it's actually ewe land.

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Speaker 4: It wouldn't have They had right of first refusal through legislation.

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Speaker 4: Was my understanding. So yeah, probably weren't going to get

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Speaker 4: to that position where.

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Speaker 2: Why not been I thought the right of first refusal

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Speaker 2: was that that you get the right to literally refuse,

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Speaker 2: and then after that, if you refuse or if you

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Speaker 2: can't strike a deal, KO can sell as anyone else.

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Speaker 4: Look, I'd have to look into what the specifics of

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Speaker 4: deer web, but my understanding was basically it would sort

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Speaker 4: of a nucky father. He had a lot of delegation,

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Speaker 4: whether that with what they want to do with it

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Speaker 4: or not. And again that's for me, it's all about

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Speaker 4: the outcome through Milia one million, it's not it's a

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Speaker 4: drop in the bucket for the taxpayer.

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Speaker 2: Ben is the land underneath owned by the EWE, is it? Yes,

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Speaker 2: So anything that happens above that land they have a stake.

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Speaker 4: In it, that's my understanding with it as well.

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Speaker 2: Yes, So that would suggest so is this more than

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Speaker 2: just a right of refer first refusal?

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Speaker 4: Again, I had to you know, sorry to be on

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Speaker 4: the back end of this one. But my understanding I

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Speaker 4: just had the sort of high level discussions on this,

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Speaker 4: is that the e WE had a claim on it

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Speaker 4: through either a treaty claim or through land ownership, and

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Speaker 4: that gave them more than a right of first refuge

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Speaker 4: or a strong right to actually be able to determine

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Speaker 4: what happens.

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Speaker 3: With that land.

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Speaker 2: So rather than a right of refer first refusal, this

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Speaker 2: is sounding like a right to basically say, yep, we're taken,

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Speaker 2: and these are the terms on which we'll take it.

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Speaker 2: Basically call the shots.

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Speaker 4: Look, I at this point now I need to go

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Speaker 4: back into the actual specifics, because you can render this

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Speaker 4: as a deal between can Order and Tallanuki far there.

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Speaker 4: It's not a city council.

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Speaker 2: No, I understand.

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Speaker 4: You know. My interest is much more obviously and not

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Speaker 4: turning into a stagnant urban old Wellington's already in malays

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Speaker 4: What is the.

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Speaker 2: Piece of legislation that what is the treaty settlement?

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Speaker 4: Here again again, I really have no perspective, So I

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Speaker 4: don't want to just make basically.

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Speaker 2: Okay, now what happens to it now?

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Speaker 4: So Ian Castle's he runs Wellington Company. He does a

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Speaker 4: lot of conversions of office buildings into residential units. He

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Speaker 4: does that for the council for a program we've got

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Speaker 4: called tech Kanga. So there's no one in the city

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Speaker 4: who's doing more conversions than Ian Castle's at the moment.

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Speaker 4: My understanding is that he's looking to do something where

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Speaker 4: Tallanuki farm and he will have some units available for

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Speaker 4: the EWE for housing, but he's obviously got to make

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Speaker 4: a profit of swell on it, so he's got to

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Speaker 4: then convert and actually be able to sell some of

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Speaker 4: those unit. It's onwards. So basically taking a nineteen sixties

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Speaker 4: building that's dilapidated, cold, earthquake prone and renovating it and

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Speaker 4: strengthening it for the twenty first century and putting one

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Speaker 4: hundred and fifteen you know, new warm, dry flats and

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Speaker 4: rentals in the middle of the CBD.

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Speaker 2: Okay, so this is good. It's gone from state housing

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Speaker 2: to being something else. Now is it going to be

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Speaker 2: owner occupied? It's going to be private.

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Speaker 4: I imagine that the ownership depends what he wants to

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Speaker 4: do in terms of I imagine the ere we will have

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Speaker 4: a stake in it. That's my understanding. They will say

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Speaker 4: some units must be allocated for here. Where do they

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Speaker 4: own that? Is it a joint benure partnership. I'm not

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Speaker 4: sure what structure of that is. But then he still

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Speaker 4: needs to be able to make his income. So whether

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Speaker 4: he does a rental model where he actually owns the

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Speaker 4: units and he actually just returns a rental for it,

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Speaker 4: or where he decides to actually onsell it. But the

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Speaker 4: key thing it's housing capacity right in the city center.

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Speaker 2: Hey, by the way, while I've got you, Ben, have

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Speaker 2: you had a look yet? If you guys, as the

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Speaker 2: city council had to look and to win, you know

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Speaker 2: how the shakeup of the earthquake rules yesterday will affect

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Speaker 2: the likes of Reading Cinema and the Amora Hotel and

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Speaker 2: all those places that are still shut up.

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Speaker 5: Yeah.

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Speaker 4: I mean there was a flurry of emails even starting

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Speaker 4: yesterday before the announcement town stuff saying please can we

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Speaker 4: find out this, this and this and basically the responses

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Speaker 4: and to we have some more legislative detail. The antswers

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Speaker 4: are going to be a bit sparing at the moment.

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Speaker 4: But from just what Chris Pink's announced, with the two

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Speaker 4: stories under concrete not netting to be strengthened, I think

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Speaker 4: the most educated guess is we don't have to strengthen

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Speaker 4: slash demolish the old Capital E building, which means that

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Speaker 4: the city to See bridge is very likely to be

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Speaker 4: able to be remediated and saved. So I think that's

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Speaker 4: probably the one guess that we've got to take away

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Speaker 4: at the moment. The other ones we need to just

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Speaker 4: wait and see. But my hope is that if they can't,

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Speaker 4: they can be remediated or potentially at a lower cost,

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Speaker 4: because the ticking time home but no one wants Wellington

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Speaker 4: to confront is to Michael Fowler Center, but it's on

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Speaker 4: the same oil and surface to town Hall. It's another

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Speaker 4: beloved venue. I don't think you could ever get a

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Speaker 4: city council brave enough to save bowl the Michael Fowler Center.

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Speaker 4: But at the same time, does Wellington have the tolerance

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Speaker 4: for another two hundred million dollars strengthening project by here?

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Speaker 2: Yeah, thank you very much, being appreciated, Ben McNulty, Wellington

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Speaker 2: City councilor now don't be mean to be in for

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Speaker 2: not no when what he was talking about there, Because

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Speaker 2: Ben was doing us an absolute solid coming on and

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Speaker 2: telling us what he did know. Because no no one

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Speaker 2: else wanted to talk about this. We called kayinga order

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Speaker 2: who can quite clearly suck it doing deals and they

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Speaker 2: could have sold the thing to Ian Castle's for three

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Speaker 2: million dollars, but they sold it to another lot for

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Speaker 2: one million dollars, who then clipped the ticket for two

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Speaker 2: million dollars themselves. Thanks very much. Ja's kind order suck,

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Speaker 2: don't they Anyway? They didn't want to come on the

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Speaker 2: radio and talk about it. I think for obvious reasons.

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Speaker 2: I think you can see why. Then we asked the

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Speaker 2: minister Chris Bishop, can he come on and talk about

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Speaker 2: what a balls up his department has made here. He

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Speaker 2: didn't want to come on the radio and talk about

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Speaker 2: it because actually he has previously praised the EWE for

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Speaker 2: getting involved in this deal, so this has become a

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Speaker 2: but all quick or kies for him. We asked the

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Speaker 2: EWE if they would come on. They didn't want to

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Speaker 2: come on, probably for obvious reasons as well, because this

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Speaker 2: starts to feel bloody awkward about them just being like

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Speaker 2: kachin Kaching, thanks very much for taxpayer money. But then

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Speaker 2: we asked, and this is where it gets really weird.

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Speaker 2: Then we ask the act part Cameron Luxton to come

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Speaker 2: on the show and talk about it, because he's the

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Speaker 2: one who brought it to everyone's attention yesterday when he

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Speaker 2: put out a press release and said KO would scam themselves.

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Speaker 2: Cameron doesn't want to talk about it. Cameron's busy all day.

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Speaker 2: Now when someone is busy, like, come on, think about

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Speaker 2: your life. No one's busy all day. I'm not busy

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Speaker 2: all day. I can find five minutes in my day

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Speaker 2: to go on the radio if I really wanted to.

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Speaker 2: If you're busy all day, it's because you don't want

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Speaker 2: to go on the radio. So even Cameron doesn't want

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Speaker 2: to talk about it. Isn't that we that's weird, A

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Speaker 2: that's really strange anyway. All you know though, is you

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Speaker 2: just lost two million dollars worth of taxpayer money because

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Speaker 2: somebody at KO sucks at their job and sold it

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Speaker 2: to the EWE instead of Ian. Seventeen past four.

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Speaker 1: It's the Heather Too Busy Alan Drive Full Show podcast

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Speaker 1: on iHeartRadio powered by News Talk Zepp.

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Speaker 2: Heather Ben doesn't know the facts here. Taranakifarnui has just

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Speaker 2: played a blinder. Has Castles had a back to back

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Speaker 2: deal with them all along, guaranteeing them two million dollars

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Speaker 2: for fronting the deal so that there never was an

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Speaker 2: open market and open market tender question mark? Taranaki Farnui

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Speaker 2: and Castles appear to have just won in the taxpayers

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Speaker 2: have lost Paul, thank you well said twenty past four.

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Speaker 1: Good sport with tad in play bed with real time

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Speaker 1: odds and stats are eighteen Bed responsibly.

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Speaker 2: Got Nick Bewley and he's hosting sports Talk tonight. Hei Nick, Hello, Heather. Okay,

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Speaker 2: should we put a team into the big T twenty

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Speaker 2: Big Bash thing? I mean we should the Big Bash thing.

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Speaker 6: Yeah, the Australian Big Bash that's been going for the

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Speaker 6: best part of I think up to the fifteenth year

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Speaker 6: going into this summer. This is big money. They've been

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Speaker 6: onto a winner really for quite some time and probably

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Speaker 6: outside of the IPL, the Indian Premier League, this is

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Speaker 6: the number two franchise T twenty competition. This is sort

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Speaker 6: of bubbled away for quite some time in terms of

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Speaker 6: them looking to expand. At the moment, it's an eight

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Speaker 6: team competition and it's run via all the states in Australia, Queensland,

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Speaker 6: New South Wales and soign and so forth. However, they're

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Speaker 6: looking at privatization and expansion, looking at New Zealand, looking

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Speaker 6: at Singapore, other markets. For US, we've had this domestic

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Speaker 6: T twenty supersmash competition for some time, but it doesn't

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Speaker 6: really it just doesn't quite hit the mark in terms

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Speaker 6: of you know, it's got that sort of summer barbecue vibe.

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Speaker 6: It fits a purpose, but it's not the Big Bash.

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Speaker 6: It's not the fireworks and excitement that T twenty cricket

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Speaker 6: can provide. So I think he's youlling cricket well, very

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Speaker 6: smart and finally giving this some considerable thought, getting outside

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Speaker 6: a perspective in commissioning a report and seeing what is possible,

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Speaker 6: because I think as we see this ever changing landscape

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Speaker 6: of cricket, you don't want to get left behind and

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Speaker 6: I think there's an opportunity to be had there.

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Speaker 2: Yeah, Now how much of a money spinner is it? Well,

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Speaker 2: I don't know that.

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Speaker 6: The devil's always in the detail, but I think it

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Speaker 6: would make more money than what the Super Smash does.

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Speaker 6: In fact, there's been reports that the Super Smash runs

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Speaker 6: at a considerable loss. So I think, particularly early on,

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Speaker 6: that'd be a fair bit of interest in an Australian

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Speaker 6: team coming over, whether there would be games at Eden

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Speaker 6: Park or sky Stadium at Wellington for example. I think,

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Speaker 6: you know, if we look at other Australian you know, leagues,

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Speaker 6: when New Zealand have sporting teams such as the Warriors

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Speaker 6: and the Breakers and Auckland FC and the Wellington Phoenix.

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Speaker 6: I feel like there is there's some genuine optimism and

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Speaker 6: around that that cricket can catch on to this because

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Speaker 6: like it alough that we're you know, we're pretty isolated geographically.

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Speaker 6: Otherwise it feels like if we're not going with Australia,

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Speaker 6: we're just going to be left here by ourselves and

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Speaker 6: doing our own thing.

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Speaker 2: Yeah, it's a fair point to make. Hey, listen, does

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Speaker 2: Jamie joseph appointment to coaching the All Blacks fifteen is this?

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Speaker 2: Is this a bit of a threat to raise it?

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Speaker 6: I don't think so.

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Speaker 1: No.

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Speaker 6: I had Jamie Joseph just spoke to him just moments ago.

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Speaker 6: Actually he's going to jump on the sports talk show

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Speaker 6: later tonight. And actually I sort of joked and said,

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Speaker 6: you know, there's any perceived awardness about because you know

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Speaker 6: this All Blacks fifteen is very much a developmental side.

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Speaker 6: You know, players will come and go from the All

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Speaker 6: Blacks fifteen while the All Blacks are on their end

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Speaker 6: ofview tour over in Europe. So basically you're at the

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Speaker 6: mercy of whatever Razer wants. You can drop a player back.

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Speaker 6: You can pull a player up to the top team.

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Speaker 6: And he just sort of laughed me off. He just,

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Speaker 6: you know, he said, you know, it's all part of

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Speaker 6: professional coach mate.

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Speaker 3: You know.

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Speaker 6: So I don't think to answer your question it's a

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Speaker 6: threat to h But I think it's a really smart

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Speaker 6: appointment by new Zenger and Ragula. This is a guy

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Speaker 6: who knows a lot about the international game. He's now

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Speaker 6: back within our system with the Highlanders and still has

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Speaker 6: a lot to offer and can help either unearthed and

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Speaker 6: or develop some of our up and coming talents. So

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Speaker 6: I'm really excited to see what Jamie Joseph can do

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Speaker 6: with this All Blacks fifteenth Good.

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Speaker 2: Point, Nick, Thanks very much. Nick Berley hosting Sports Took tonight.

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Speaker 2: By the way, he's got Chris kens On to have

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Speaker 2: a chat about the t twenty four to twenty three.

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Speaker 1: The name you trumped to get the answers you need,

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Speaker 1: it's Heather Dupla c Ellen Drive with one New Zealand

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Speaker 1: coverage like no one else news talk.

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Speaker 3: They'd be Hi, Heather.

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Speaker 2: If the apartment building was in such a bad state, wine,

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Speaker 2: did it have a rtable value of eighteen million dollars yet? Anthony,

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Speaker 2: very good point that that was the the RV was

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Speaker 2: eighty I think was the RV was eighteen million sold

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Speaker 2: for one Okyo, you suck. I'm reading Grant Robertson's book

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Speaker 2: at the moment, By the way, avoid if you can.

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Speaker 2: I'm reading it so you don't have to read it,

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Speaker 2: and I will do the review. We'll have our book

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Speaker 2: club and in it, he tells because he works for

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Speaker 2: Helen Clark for a bit, and he tells the story

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Speaker 2: about how one day somebody I get the feeling he

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Speaker 2: doesn't love Helen because she was quite a hard task master. Anyway,

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Speaker 2: he tells the story about how one time somebody wrote

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Speaker 2: her a speech and faxed it through because it was

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Speaker 2: still the days of the fax machine, and she went

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Speaker 2: through it with a red pen, and then she wrote

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Speaker 2: it then faxed it back to the person and she

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Speaker 2: wrote at the top of it, I don't know who

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Speaker 2: you are or what your job is, but you're not

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Speaker 2: very good at it. And I just feel like somebody

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Speaker 2: needs to send that to these people in Ko me,

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Speaker 2: like you need to stop buying and selling guys. You

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Speaker 2: suck so badly. Anyway, Oh Jesus so much. I need

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Speaker 2: to talk to you about here I'm parrotting on really

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Speaker 2: quick update on Dame Knowles. Now, Dame Knowles. You may

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Speaker 2: recall I mentioned this on the show yesterday. Dame Knowles

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Speaker 2: is understood to be meeting with Netbull New Zealand today.

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Speaker 2: Given that it's full twenty seven, she'll have had the

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Speaker 2: meeting by now. I would have thought in this to

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Speaker 2: resolve the difference is we should know. I would imagine

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Speaker 2: this is quite a prediction. We're going to know by

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Speaker 2: Sunday the outcome of this meeting because the team goes

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Speaker 2: into camp on Monday, and so she's either there or

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Speaker 2: she's not. So fingers crossed that Dame Knowles is back anyway.

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Speaker 2: Lots to tell you about still, So Standby News is next.

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Speaker 3: Hard questions, strong opinion.

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Speaker 1: Here the dup Sell and Drive with One New Zealand

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Speaker 1: Tandha Power of Satellite Mobile News Talk said, be could

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Speaker 1: you take me.

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Speaker 2: Right, barrysp It's going to be with us in ten minutes.

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Speaker 2: On politics now, Tony Blair, we discussed this on the

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Speaker 2: show yesterday. Tony Blair is part of this deal, part

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Speaker 2: of this idea, the peace Plan for Gaza, in that

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Speaker 2: he will run a sort of like interim administration, and

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Speaker 2: now Donald Trump has inserted himself into this as well.

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Speaker 2: But Blair will basically run an interim at administration in Gaza,

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Speaker 2: kind of like what happened in Kosovo between warring and

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Speaker 2: then actually being a State and East team or and

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Speaker 2: you know, there are a couple of examples like that,

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Speaker 2: and and Blair is actually, despite his involvement in quite

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Speaker 2: a significant Middle Eastern war, he's actually appears to be

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Speaker 2: reasonably well respected in the Middle East, hence his role here. Anyway,

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Speaker 2: one of his former advisors, Chap called John McTurnan, it's

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Speaker 2: going to be us after five and tell us what

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Speaker 2: he thinks actually the what does the likelihood this plan

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Speaker 2: Ashley succeed. So as I say, he's with us after five,

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Speaker 2: and it's twenty four away from at the moment, it's.

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Speaker 1: The world wires on youth talks, he'd be drive.

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Speaker 2: Now Trump reckons this peace deal between Humas and Israel

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Speaker 2: is quote beyond very close. Still no word from Hamas

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Speaker 2: on it. But if they reject the deal, Metnya, who's

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Speaker 2: been given the all clear by Trump to finish the job.

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Speaker 7: This could be done the easy way, or it can

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Speaker 7: be done the hardware. But it will be done. All

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Speaker 7: these goals must be achieved because we didn't fight this

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Speaker 7: horrible fight, sacrifice the finest of our young men to

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Speaker 7: help hermas stay in Gaza and threaten us again and

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Speaker 7: again and again.

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Speaker 2: Now, the US government could shut down as early as

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Speaker 2: tomorrow if Republicans and Democrats can't agree on a new

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Speaker 2: spending bill. Democrats want more support for health care, like

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Speaker 2: cheaper insurance and reversing Trump's cuts to Medicaid. The Republicans

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Speaker 2: control Congress, but don't have enough Senate votes to pass

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Speaker 2: their bill without Democratic support.

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Speaker 8: They have the Presidency, they have the House, they have

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Speaker 8: the Senate. They are flailing and failing to govern. So

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Speaker 8: if they want to keep this government from shutting down,

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Speaker 8: they need to actually put forward a path to doing that.

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Speaker 2: And finally, boxer Tyson Fury's daughter, Venezuela has got engaged,

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Speaker 2: which is very exciting and her boyfriend also happens to

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Speaker 2: be a boxer proposed to her at her birthday party

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Speaker 2: for her sixteenth birthday, which is slightly alarming. The parents

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Speaker 2: say their shocks, but very happy.

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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: Murriol's az He corresponding with us.

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Speaker 3: Now, hey, mus get it either.

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Speaker 9: You wouldn't want to cross your father, nor would you

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Speaker 9: if you Now.

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Speaker 2: Well you're a boxer two. So it could get quite exciting,

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Speaker 2: couldn't it.

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Speaker 9: Yeah, well that's true. Yeah, yeah yeah.

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Speaker 2: Now what are you guys doing? You're building lasers, are you?

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Speaker 10: Well?

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Speaker 9: This is the news story out of Canberra today and

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Speaker 9: this is a company in Cambra called EOS. No one's

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Speaker 9: known much about it until today, and the story goes,

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Speaker 9: there's a brand new deal for Australia to sell a

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Speaker 9: homemade laser, a laser that's capable of destroying up to

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Speaker 9: twenty drones a minute, as I say, developed in Canberra

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Speaker 9: and apparently at least one NATO countries that has bought

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Speaker 9: it for delivering in eighteen months. It's faster and cheaper.

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Speaker 9: The current way to get rid of drones apparently used

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Speaker 9: to hit them with cannons or miss Now that this drone,

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Speaker 9: you know, like a standard warfare drone, say a thousand dollars,

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Speaker 9: but it takes a half million dollar missile to bring

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Speaker 9: it down. EOS says it's new laser can kill a

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Speaker 9: drone for one dollar a shot, and it can knock

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Speaker 9: over multiples in a minute. Now, there's this too good

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Speaker 9: to be true. So many stories over here, as you

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Speaker 9: well know how that have been reported down the years

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Speaker 9: about this new or this new widget, or you know,

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Speaker 9: some other little object that's going to revolutionize Australia's defense industries.

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Speaker 9: They all come to nothing. They've hyped up beyond measure.

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Speaker 9: But I'll tell you what, if it's got any legs

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Speaker 9: at all, it makes a nice counterpoint for Anthony Alban

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Speaker 9: easy to take to the Oval office this month. Well

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Speaker 9: in October, I beg your pardon to tell Donald Trump

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Speaker 9: we are doing a bit more than you maybe are

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Speaker 9: aware of.

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Speaker 2: What is the retail chain from the Middle East that's

436
00:19:54,440 --> 00:19:56,840
Speaker 2: going to come and break up your supermarket situation?

437
00:19:57,880 --> 00:19:59,960
Speaker 9: Again, never heard of it until this afternoon, but apparent

438
00:20:00,000 --> 00:20:04,159
Speaker 9: areally Lulu lu Lu is the biggest player in the

439
00:20:04,200 --> 00:20:08,360
Speaker 9: Middle East in the supermarket business. Now you know it's

440
00:20:09,760 --> 00:20:13,879
Speaker 9: over here. It's basically a duopoly. Woolworth controls almost forty

441
00:20:13,880 --> 00:20:18,720
Speaker 9: percent of the supermarket business, Coals around thirty percent. Eldie's

442
00:20:18,720 --> 00:20:20,800
Speaker 9: been here for if I said a decade, maybe a

443
00:20:20,800 --> 00:20:23,720
Speaker 9: whisker longer. Heather they've got nine percent the oldie, the

444
00:20:23,720 --> 00:20:27,040
Speaker 9: German company, and IGA's got around the same. So a

445
00:20:27,160 --> 00:20:31,760
Speaker 9: new player would hopefully drive down prices because, as I say,

446
00:20:31,880 --> 00:20:34,240
Speaker 9: Coles and Woolworths have got the whole joints sewn up,

447
00:20:34,720 --> 00:20:38,679
Speaker 9: very very profitable. In fact, according to the Competition and

448
00:20:38,720 --> 00:20:43,280
Speaker 9: Consumer Commission over here among the most profitable submarkets anywhere

449
00:20:43,280 --> 00:20:45,560
Speaker 9: in the world. So we are paying to the nose

450
00:20:45,720 --> 00:20:48,800
Speaker 9: for the privilege of shopping at Woolworths and Coals. Well,

451
00:20:48,840 --> 00:20:51,760
Speaker 9: this may be another little stick the government can bash

452
00:20:51,800 --> 00:20:55,159
Speaker 9: the big ones. With Anthony Albanezi stopped over on the

453
00:20:55,160 --> 00:20:59,240
Speaker 9: way home from London, was given the red carpet treatment

454
00:20:59,240 --> 00:21:02,280
Speaker 9: there in the UNI our remembirates and he's invioted becoming

455
00:21:02,280 --> 00:21:03,320
Speaker 9: set up in Australia.

456
00:21:03,359 --> 00:21:04,720
Speaker 2: And have they seek years.

457
00:21:06,440 --> 00:21:08,600
Speaker 9: I think it's too early, elbows on the way home.

458
00:21:09,640 --> 00:21:11,680
Speaker 9: So at this point in the afternoon, I'm not sure

459
00:21:11,680 --> 00:21:15,480
Speaker 9: if they've said yes or not, but it wouldn't surprise

460
00:21:15,560 --> 00:21:17,600
Speaker 9: because here's the thing. They've been involved in talks for

461
00:21:17,640 --> 00:21:19,800
Speaker 9: a while. This is like the cherry on top of

462
00:21:19,840 --> 00:21:20,760
Speaker 9: the cake with the icing.

463
00:21:20,920 --> 00:21:23,000
Speaker 2: Okay, let's see how that goes. I'm quite interested in

464
00:21:23,000 --> 00:21:25,080
Speaker 2: that now. What's going to happen with Optus?

465
00:21:25,480 --> 00:21:28,560
Speaker 9: Well, Goodness knows, this is a company in buddy crisis.

466
00:21:28,960 --> 00:21:32,760
Speaker 9: I mean this month, right, they had a routine standard

467
00:21:33,080 --> 00:21:36,439
Speaker 9: security upgrade. It was getting driven out of India and

468
00:21:36,480 --> 00:21:41,680
Speaker 9: out of Australia and for some inexplicable reason they think

469
00:21:42,080 --> 00:21:45,600
Speaker 9: it's human error. But for around thirteen to forteen hours,

470
00:21:45,600 --> 00:21:50,000
Speaker 9: the triple zero emergency call service was not working. The

471
00:21:50,040 --> 00:21:53,040
Speaker 9: rest of the network was working. The standard calls between

472
00:21:53,080 --> 00:21:56,399
Speaker 9: you and your husband, the children and whatnot, they were

473
00:21:56,400 --> 00:21:59,560
Speaker 9: all working. So it wasn't for quite some time before

474
00:21:59,600 --> 00:22:02,760
Speaker 9: they worked out the emergency calls weren't getting through.

475
00:22:02,560 --> 00:22:06,720
Speaker 11: And three people died. Another outage on Sunday just gone.

476
00:22:07,080 --> 00:22:09,440
Speaker 11: Now Optic is in a mile of trouble, a mile

477
00:22:09,480 --> 00:22:12,040
Speaker 11: of pain. Goodness knows what consumers think of it. If

478
00:22:12,080 --> 00:22:14,080
Speaker 11: they're not running away at one thousand miles an hour,

479
00:22:14,119 --> 00:22:16,760
Speaker 11: there's something wrong with them. And the federal government saying listen,

480
00:22:16,840 --> 00:22:19,560
Speaker 11: you're a major carrier in the Australian marketplace. You've got

481
00:22:19,560 --> 00:22:21,840
Speaker 11: to do better. You can't do this. They had another

482
00:22:21,880 --> 00:22:25,520
Speaker 11: big outage back in twenty twenty three, another fourteen hour shutdown.

483
00:22:26,000 --> 00:22:30,320
Speaker 9: Now, good you know the government is insisting now on

484
00:22:30,400 --> 00:22:33,560
Speaker 9: more transparency. It wants an external regulator to oversight the

485
00:22:33,600 --> 00:22:36,040
Speaker 9: whole business, and it wants a hell of a lot

486
00:22:36,080 --> 00:22:41,159
Speaker 9: more robust system that if Telstra or voter Phone or

487
00:22:41,200 --> 00:22:44,320
Speaker 9: any other business is upgrading their security systems and for

488
00:22:44,359 --> 00:22:48,159
Speaker 9: whatever reason there's a blackout, it automatically switches to another

489
00:22:48,200 --> 00:22:51,639
Speaker 9: carrier with no webs or butts. You can't have people dying, Heather,

490
00:22:51,880 --> 00:22:54,280
Speaker 9: for want of someone picking up the phone to a

491
00:22:54,280 --> 00:22:55,320
Speaker 9: triple zero call.

492
00:22:56,040 --> 00:22:57,560
Speaker 2: That's a very good point that you make, miss Thank

493
00:22:57,600 --> 00:23:00,119
Speaker 2: you was always appreciate it. Murray Old's Australia crosspond. By

494
00:23:00,160 --> 00:23:02,120
Speaker 2: the way, Orcust is safe by the looks the things

495
00:23:02,160 --> 00:23:04,280
Speaker 2: that Pentagon's done that reporting to whether they want to

496
00:23:04,280 --> 00:23:07,560
Speaker 2: go ahead with aucas, I've said yes, Heather.

497
00:23:07,520 --> 00:23:08,280
Speaker 3: Du for Sela.

498
00:23:08,359 --> 00:23:12,960
Speaker 2: Now can we talk about this flyover that happened at

499
00:23:12,960 --> 00:23:15,720
Speaker 2: the Rugby. I completely forgot to talk to you about

500
00:23:15,760 --> 00:23:17,760
Speaker 2: this yesterday because there was just so much going on.

501
00:23:17,840 --> 00:23:19,480
Speaker 2: But there was the flyover. Do you remember that with

502
00:23:19,520 --> 00:23:22,520
Speaker 2: the two Air Force planes. Turns out that cost twenty

503
00:23:22,640 --> 00:23:25,920
Speaker 2: thousand dollars. Now I don't care that that cost twenty

504
00:23:26,000 --> 00:23:28,919
Speaker 2: thousand dollars because how this works is that they have

505
00:23:28,960 --> 00:23:30,440
Speaker 2: to keep the planes in the air for a certain

506
00:23:30,520 --> 00:23:33,480
Speaker 2: number of hours, right, so you may as well use

507
00:23:33,480 --> 00:23:36,159
Speaker 2: one of them as a flyover. It's better than flying

508
00:23:36,200 --> 00:23:39,200
Speaker 2: over Mount Eden Park than just flying over the sea,

509
00:23:39,240 --> 00:23:41,520
Speaker 2: which is the alternative. So it doesn't really it's not

510
00:23:41,600 --> 00:23:43,760
Speaker 2: really like which to say there's a cost is not

511
00:23:43,800 --> 00:23:45,359
Speaker 2: really a cost, do you know. I mean the cost

512
00:23:45,400 --> 00:23:47,000
Speaker 2: is going to be borne by us anyway, so it's

513
00:23:47,040 --> 00:23:52,080
Speaker 2: just put on. But why why did we do that?

514
00:23:52,119 --> 00:23:52,280
Speaker 9: What?

515
00:23:52,560 --> 00:23:56,680
Speaker 2: How weird was that flyover? That flyover was the weirdest

516
00:23:56,720 --> 00:23:59,520
Speaker 2: thing I've seen in ages because it's a flex, right,

517
00:23:59,560 --> 00:24:01,480
Speaker 2: that's why you do it. You put your planes up

518
00:24:01,520 --> 00:24:04,640
Speaker 2: to be like, hey, we've got plans. But why did

519
00:24:04,680 --> 00:24:06,199
Speaker 2: we fly it over for the Wallabies and not the

520
00:24:06,200 --> 00:24:08,840
Speaker 2: spring Box? Because the spring Box flexed with their plane

521
00:24:08,840 --> 00:24:10,960
Speaker 2: over us. To remember, remember when they flew the plane

522
00:24:10,960 --> 00:24:12,520
Speaker 2: over in Cape Town right in the middle of the

523
00:24:12,560 --> 00:24:15,480
Speaker 2: haka and we got really annoyed about it. So surely,

524
00:24:15,480 --> 00:24:17,639
Speaker 2: if we were going to fly over anybody, we're flying

525
00:24:17,640 --> 00:24:20,400
Speaker 2: over the Box, not the Wallabes. Why are we trying

526
00:24:20,400 --> 00:24:23,280
Speaker 2: to flex the wallabies? You can't flex the wallabies. They

527
00:24:23,280 --> 00:24:25,520
Speaker 2: know what you've got. They know we haven't got anything.

528
00:24:25,600 --> 00:24:28,919
Speaker 2: They know. Those were our two planes and there's nothing else.

529
00:24:29,119 --> 00:24:32,240
Speaker 2: I don't know anyway, I just thought that was the

530
00:24:32,680 --> 00:24:35,280
Speaker 2: and like, why are you psyching out the wallabies? Anyway?

531
00:24:35,400 --> 00:24:37,920
Speaker 2: They're already psyched out by you because you're the all Blacks,

532
00:24:38,320 --> 00:24:40,239
Speaker 2: the spring box. You want to psych out because they

533
00:24:40,240 --> 00:24:42,320
Speaker 2: think they can win the Wallabies. It was just the

534
00:24:42,359 --> 00:24:45,040
Speaker 2: weirdest thing in the world, wasn't it. Anyway? Glad I

535
00:24:45,080 --> 00:24:47,200
Speaker 2: got that off my chest. Barry Soaper's next.

536
00:24:47,280 --> 00:24:50,280
Speaker 1: The politics was centrics credit check your customers and get

537
00:24:50,280 --> 00:24:51,080
Speaker 1: payments certainty.

538
00:24:51,240 --> 00:24:53,600
Speaker 2: Right, it's thirteen away from five and Barry Soper, senior

539
00:24:53,640 --> 00:24:56,639
Speaker 2: political correspondents with me right now, Hey, Barry, right, you

540
00:24:56,680 --> 00:24:58,439
Speaker 2: want to talk about Donald Trump?

541
00:24:58,880 --> 00:25:00,959
Speaker 12: Well, I was going to talk about Chris Hopkins at

542
00:25:00,960 --> 00:25:04,399
Speaker 12: the start. We're we can talk about Donald No. I

543
00:25:04,440 --> 00:25:10,120
Speaker 12: find Donald Trump much more ammuse he of course, as

544
00:25:10,160 --> 00:25:14,080
Speaker 12: we all know now, he met with Benjamin Netanyahu this

545
00:25:14,160 --> 00:25:16,480
Speaker 12: morning at the White House. There was no yellow cheer

546
00:25:16,560 --> 00:25:20,760
Speaker 12: treatment in the Oval office for Netnahu, because you know,

547
00:25:20,960 --> 00:25:24,359
Speaker 12: he's above and beyond reproach if you listen to Donald Trump.

548
00:25:25,040 --> 00:25:28,840
Speaker 12: A press conference was held instead, which went beyond being

549
00:25:29,000 --> 00:25:31,639
Speaker 12: just a bromance. In my view, it was a love fest,

550
00:25:31,680 --> 00:25:34,680
Speaker 12: with Trump looking as though he had taken an aphrodisiac,

551
00:25:35,240 --> 00:25:39,080
Speaker 12: a bit like the history making emperor that he clearly

552
00:25:39,080 --> 00:25:43,160
Speaker 12: sees himself to be. With the help of the Israeli leader.

553
00:25:43,240 --> 00:25:44,320
Speaker 12: Of course, here they are.

554
00:25:44,520 --> 00:25:47,280
Speaker 13: Well, this is a big, big day, a beautiful day,

555
00:25:47,320 --> 00:25:52,359
Speaker 13: potentially one of the great days ever in civilization, things

556
00:25:52,400 --> 00:25:55,639
Speaker 13: that have been going on for hundreds of years and

557
00:25:55,720 --> 00:25:58,320
Speaker 13: thousands of years. We're going to at least we're at

558
00:25:58,320 --> 00:26:00,760
Speaker 13: a minimum, very very close. And I think we're beyond

559
00:26:00,880 --> 00:26:04,120
Speaker 13: very close. And I'm not just talking about Guyza. Guys

560
00:26:04,200 --> 00:26:06,480
Speaker 13: is one thing, but we're talking about much beyond Gaza,

561
00:26:07,240 --> 00:26:12,240
Speaker 13: the whole deal, everything getting solved. It's called peace in

562
00:26:12,320 --> 00:26:15,720
Speaker 13: the Middle East. Europe has been very much involved, and

563
00:26:15,720 --> 00:26:18,400
Speaker 13: there's there's called by many of the European leaders, most

564
00:26:18,400 --> 00:26:19,320
Speaker 13: of them saying.

565
00:26:20,040 --> 00:26:20,720
Speaker 3: Is this true?

566
00:26:21,320 --> 00:26:24,120
Speaker 13: Are you really doing peace in the Middle East? This

567
00:26:24,200 --> 00:26:27,080
Speaker 13: is the most incredible thing we've heard. Some think it's

568
00:26:27,119 --> 00:26:29,480
Speaker 13: the biggest thing they've ever heard. They called just to

569
00:26:29,480 --> 00:26:31,560
Speaker 13: find out was it just a rumor or is it

570
00:26:31,640 --> 00:26:33,040
Speaker 13: actually done?

571
00:26:34,800 --> 00:26:37,480
Speaker 7: I want to thank you for your for your friendship

572
00:26:38,520 --> 00:26:41,880
Speaker 7: and for your leadership. You are the greatest friend that

573
00:26:41,960 --> 00:26:45,160
Speaker 7: Israel has ever had in the White House, and mister President,

574
00:26:45,240 --> 00:26:47,920
Speaker 7: you and I both know it's not even close.

575
00:26:50,240 --> 00:26:52,040
Speaker 2: That baby kissing his boss.

576
00:26:52,119 --> 00:26:58,640
Speaker 12: Yes, basically what's happened in this agreement. I'm us take

577
00:26:58,680 --> 00:27:01,439
Speaker 12: it up because these leader all the power in the

578
00:27:01,480 --> 00:27:05,840
Speaker 12: world to bomb Gaza even more out of existence, because

579
00:27:06,200 --> 00:27:08,959
Speaker 12: you know Trump is going well, you know, if Hamas

580
00:27:09,000 --> 00:27:11,680
Speaker 12: doesn't lay down its arms, then go for it.

581
00:27:11,960 --> 00:27:15,960
Speaker 2: Now, Barry, I know how you feel about Donald Donald Trump.

582
00:27:16,160 --> 00:27:18,960
Speaker 2: I'm very fond of and it's wow donald Trump feels

583
00:27:18,960 --> 00:27:22,399
Speaker 2: about Donald Trump. But set aside both of those things,

584
00:27:22,680 --> 00:27:24,720
Speaker 2: this is actually a reasonably good deal if it comes

585
00:27:24,760 --> 00:27:25,200
Speaker 2: to pass.

586
00:27:25,320 --> 00:27:28,040
Speaker 12: Well, no, but it's always, isn't it with Trump. Notice

587
00:27:28,080 --> 00:27:29,760
Speaker 12: there's not a lot of talk of Putin at the

588
00:27:29,800 --> 00:27:31,800
Speaker 12: moment because nothing came to pass.

589
00:27:32,200 --> 00:27:36,399
Speaker 2: Stop stopping arrangement. Just objectively look at it.

590
00:27:36,440 --> 00:27:40,200
Speaker 12: I'm saying, look at the record, And Harry was shaking

591
00:27:40,240 --> 00:27:44,199
Speaker 12: Putin's hands, saying, we've got this in hand. It's going

592
00:27:44,280 --> 00:27:48,240
Speaker 12: to be all over within twenty four hours, no more meetings.

593
00:27:48,520 --> 00:27:52,600
Speaker 12: Putin's played him again, and he's been played in since

594
00:27:52,840 --> 00:27:55,040
Speaker 12: I know he came to get it.

595
00:27:55,040 --> 00:27:57,479
Speaker 2: It might not happen. Okay, but if you look at

596
00:27:57,480 --> 00:27:59,480
Speaker 2: the plan that he's put together, it's a good plan.

597
00:28:00,040 --> 00:28:04,040
Speaker 12: Well if it happened, well absolutely, Look, you can say

598
00:28:04,080 --> 00:28:07,159
Speaker 12: anything that could be a good plan if it happened here,

599
00:28:07,200 --> 00:28:10,199
Speaker 12: but you can say what you doc Trumpce tends to

600
00:28:10,240 --> 00:28:13,240
Speaker 12: do this. You'll say anything that comes into his head,

601
00:28:13,800 --> 00:28:18,080
Speaker 12: and the plan normally comes unstuck. And I suspect this

602
00:28:18,160 --> 00:28:22,760
Speaker 12: one will too, because we've seen how vile Hamas is it.

603
00:28:24,440 --> 00:28:27,199
Speaker 12: We heard the Bromance arms down.

604
00:28:27,280 --> 00:28:30,800
Speaker 2: You make a fair point about around a long time.

605
00:28:30,560 --> 00:28:37,040
Speaker 12: And watching certainly American leader, you.

606
00:28:37,040 --> 00:28:39,400
Speaker 2: Make a fair point the fact that it may not

607
00:28:39,440 --> 00:28:40,920
Speaker 2: come to pass. It's just trying to get you to

608
00:28:40,960 --> 00:28:45,760
Speaker 2: have such give them some credit anyway. Jeez, Now did

609
00:28:45,840 --> 00:28:48,240
Speaker 2: Chris Luxon was this a political stunt? This letter that

610
00:28:48,240 --> 00:28:49,320
Speaker 2: he sent to Chippy or who?

611
00:28:49,880 --> 00:28:53,240
Speaker 12: Well you know, did he read it? Yes, he did

612
00:28:53,280 --> 00:28:57,000
Speaker 12: read it, but after the media read the letter basically

613
00:28:57,040 --> 00:29:02,400
Speaker 12: asking for a bipartisan approach if labor were in the

614
00:29:02,440 --> 00:29:06,200
Speaker 12: position of being government next year this time next year,

615
00:29:06,240 --> 00:29:08,720
Speaker 12: which of course they won't be, but nevertheless he wanted

616
00:29:08,760 --> 00:29:13,040
Speaker 12: an agreement out of Hipkins said the media were given

617
00:29:13,040 --> 00:29:15,680
Speaker 12: the letter before he was well, it turns out that

618
00:29:15,720 --> 00:29:19,080
Speaker 12: he was on a plane when the letter was sent

619
00:29:19,160 --> 00:29:22,160
Speaker 12: to his offers. He landed and got off the plane

620
00:29:22,160 --> 00:29:23,760
Speaker 12: and then talked to the media and they asked some

621
00:29:23,880 --> 00:29:26,240
Speaker 12: questions about the letter that he hadn't seen. Well, I

622
00:29:26,240 --> 00:29:28,680
Speaker 12: would have thought that his office could have let him

623
00:29:28,720 --> 00:29:31,080
Speaker 12: know what was in the letter, because that's all he

624
00:29:31,120 --> 00:29:31,520
Speaker 12: had to know.

625
00:29:31,920 --> 00:29:33,760
Speaker 2: Fair half an hour is a quick turnaround from the

626
00:29:33,800 --> 00:29:36,320
Speaker 2: next That's clearly well.

627
00:29:36,440 --> 00:29:39,480
Speaker 12: I think the stunts on both sides. But Hipkins said

628
00:29:39,480 --> 00:29:43,200
Speaker 12: this morning that it wasn't a serious attempt to get

629
00:29:43,200 --> 00:29:46,680
Speaker 12: any sort of by partisan agreement on an energy strategy

630
00:29:46,680 --> 00:29:47,880
Speaker 12: for the future of New Zealand.

631
00:29:48,040 --> 00:29:49,960
Speaker 14: Here he is, this is a performance of politics as

632
00:29:49,960 --> 00:29:52,240
Speaker 14: opposed to any kind of genuine attempt to reach a

633
00:29:52,280 --> 00:29:55,520
Speaker 14: bipartisan agreement on I'll certainly send him a letter and response.

634
00:29:55,640 --> 00:29:58,080
Speaker 14: I will say that oil and gas is not the

635
00:29:58,080 --> 00:30:00,440
Speaker 14: way of the future for New Zealand. Renewable energy is

636
00:30:00,440 --> 00:30:01,880
Speaker 14: the way of the future for New Zealand. We have

637
00:30:01,920 --> 00:30:04,880
Speaker 14: an abundant supply of it, it's cheap. We haven't had

638
00:30:04,880 --> 00:30:08,120
Speaker 14: a significant find of new natural gas for two.

639
00:30:07,920 --> 00:30:09,920
Speaker 3: Decades, more than two decas more than twenty years.

640
00:30:10,200 --> 00:30:12,880
Speaker 14: The government's subsidizing in all likelihood what are going to

641
00:30:12,880 --> 00:30:15,880
Speaker 14: be empty holes. Isn't going to solve our energy crisis.

642
00:30:16,320 --> 00:30:20,280
Speaker 12: Yeah, well, if you look at just recently twenty years,

643
00:30:20,320 --> 00:30:25,080
Speaker 12: twenty years, he says, well, Graham out Petroleum last year

644
00:30:25,160 --> 00:30:29,920
Speaker 12: discovered a gas reserve in the Taranaki basin and they're

645
00:30:29,920 --> 00:30:34,560
Speaker 12: going to be drilling that reserve and there is significant

646
00:30:35,160 --> 00:30:36,160
Speaker 12: well not significant.

647
00:30:36,200 --> 00:30:38,240
Speaker 2: Fine, No, there have been about three fines yep.

648
00:30:38,560 --> 00:30:42,640
Speaker 12: So just for him to say that, it's certainly before

649
00:30:42,680 --> 00:30:45,440
Speaker 12: this government came to power, the fines were there because

650
00:30:45,640 --> 00:30:47,840
Speaker 12: nobody was allowed to drill and look for the gas.

651
00:30:47,880 --> 00:30:50,400
Speaker 2: There is more gas than Chippy place. Yeah, Barry, thanks

652
00:30:50,480 --> 00:30:52,640
Speaker 2: very much, very so. Per Senior political correspondence coming up

653
00:30:52,680 --> 00:30:53,360
Speaker 2: seven away from.

654
00:30:53,280 --> 00:30:57,520
Speaker 1: Five, the headlines and the hard questions. It's the mic

655
00:30:57,600 --> 00:30:58,920
Speaker 1: asking breakfast.

656
00:30:58,440 --> 00:31:00,400
Speaker 15: And he'll check on our health sect of simm Brown's

657
00:31:00,400 --> 00:31:02,400
Speaker 15: health minister in his withs how much are we messing

658
00:31:02,400 --> 00:31:02,840
Speaker 15: with numbers?

659
00:31:02,880 --> 00:31:03,000
Speaker 10: Here?

660
00:31:03,080 --> 00:31:04,960
Speaker 15: You can massage numbers? Do you blue in the face?

661
00:31:05,040 --> 00:31:05,200
Speaker 16: Now?

662
00:31:05,240 --> 00:31:07,640
Speaker 17: These are five health targets the government has set. These

663
00:31:07,680 --> 00:31:11,240
Speaker 17: are recorded and then validated to show the changes over time.

664
00:31:11,360 --> 00:31:13,840
Speaker 17: Over the last twelve months, we're seeing improvement against our

665
00:31:13,880 --> 00:31:14,600
Speaker 17: health targets.

666
00:31:14,760 --> 00:31:17,400
Speaker 15: There are averages because counties Manicau and Auckland have gone

667
00:31:17,440 --> 00:31:21,280
Speaker 15: backwards in ed for example, is that population is it? Efficiency?

668
00:31:21,400 --> 00:31:23,560
Speaker 3: Is a resource? What is There be a number of factors.

669
00:31:23,600 --> 00:31:25,560
Speaker 17: There has been a significant increase in the number of

670
00:31:25,600 --> 00:31:28,160
Speaker 17: people turning up to emergency departments or on average across

671
00:31:28,160 --> 00:31:30,239
Speaker 17: the country. We are seeing improvement. For yes, there are

672
00:31:30,280 --> 00:31:32,920
Speaker 17: some districts which need additional investment and that's what we're doing.

673
00:31:33,120 --> 00:31:35,920
Speaker 15: Back tomorrow at six am the Mic Hosking Breakfast with

674
00:31:36,080 --> 00:31:37,320
Speaker 15: Avida News.

675
00:31:37,080 --> 00:31:37,680
Speaker 18: Talk z B.

676
00:31:38,240 --> 00:31:41,440
Speaker 2: Hither the Eden Park flyover wasn't just weird as you say,

677
00:31:41,440 --> 00:31:45,680
Speaker 2: It was also embarrassing. Hither the flyover was cool and

678
00:31:45,720 --> 00:31:48,000
Speaker 2: the Defense Force needs an element of cool to continue

679
00:31:48,040 --> 00:31:51,960
Speaker 2: recruiting young people. Heither, my husband and I were so embarrassed.

680
00:31:52,080 --> 00:31:55,480
Speaker 2: Terrible planes. Supercars have amazing flyovers because they have cool planes.

681
00:31:55,520 --> 00:31:58,360
Speaker 2: Hither I like the flyover. Hither where was the Westpac

682
00:31:58,400 --> 00:32:02,000
Speaker 2: Halico Rescue. We're gonna be like poor patrol. You may

683
00:32:02,040 --> 00:32:06,640
Speaker 2: as well just mobilize everything, just get it all up

684
00:32:06,680 --> 00:32:10,280
Speaker 2: in the air fly over Eden Park. Anyway, in my

685
00:32:10,600 --> 00:32:12,200
Speaker 2: I can't I look, I did think it was cool.

686
00:32:12,200 --> 00:32:14,800
Speaker 2: I just I just couldn't quite understand what Maybe because

687
00:32:14,800 --> 00:32:16,680
Speaker 2: it was the bledder Slow is that the answer? Because

688
00:32:16,680 --> 00:32:18,920
Speaker 2: it was the Bledderslow Cup, therefore it was an important

689
00:32:18,920 --> 00:32:21,720
Speaker 2: one that we like, I'm really scratching around trying to

690
00:32:21,720 --> 00:32:24,480
Speaker 2: figure out why we used up burn the fuel for

691
00:32:24,800 --> 00:32:27,280
Speaker 2: the Wallabies because they kind of suck as the thing is,

692
00:32:27,320 --> 00:32:30,240
Speaker 2: they suck as a rugby team, don't they. Anyway, Look,

693
00:32:30,240 --> 00:32:32,120
Speaker 2: we'll punt that one through to the huddle and see

694
00:32:32,120 --> 00:32:33,600
Speaker 2: what they think of that. There is a weird thing

695
00:32:33,640 --> 00:32:36,120
Speaker 2: going on with the horse riders in aw Tucky. They're

696
00:32:36,120 --> 00:32:38,160
Speaker 2: building the new Autucky to live in road right, and

697
00:32:38,200 --> 00:32:40,480
Speaker 2: they want to they want to The horse riders want

698
00:32:40,480 --> 00:32:42,280
Speaker 2: to be able to use the shared use pathway on

699
00:32:42,320 --> 00:32:44,960
Speaker 2: the side, which is for pedestrians and cyclists and stuff,

700
00:32:44,960 --> 00:32:47,200
Speaker 2: and it's safer. The horse riders would like to be

701
00:32:47,240 --> 00:32:49,200
Speaker 2: on that one, but they've been told by the NZTA

702
00:32:49,200 --> 00:32:50,720
Speaker 2: they've got to go on the main road, which doesn't

703
00:32:50,720 --> 00:32:52,680
Speaker 2: feel like a smart idea anyway, though, with us in

704
00:32:52,680 --> 00:32:55,080
Speaker 2: twenty minutes to explain, but straight after the news, we'll

705
00:32:55,080 --> 00:32:57,600
Speaker 2: talk to Tony Blair's former advisor John McTurnan on this

706
00:32:57,720 --> 00:32:58,280
Speaker 2: Garza piece.

707
00:32:58,320 --> 00:33:17,040
Speaker 1: Planway, pressing the newsmakers to get the real story. It's

708
00:33:17,120 --> 00:33:20,320
Speaker 1: Heather duper cell and drive with one New Zealand to

709
00:33:20,360 --> 00:33:21,960
Speaker 1: coverage like no one else.

710
00:33:22,240 --> 00:33:23,120
Speaker 3: News Talk said be.

711
00:33:24,720 --> 00:33:27,520
Speaker 2: Afternoon, former UK Prime Minister Tony Blair could soon be

712
00:33:27,600 --> 00:33:30,560
Speaker 2: running Gaza. Donald Trump announced a plan to work towards

713
00:33:30,560 --> 00:33:32,920
Speaker 2: a ceasefire in the region. It's already been accepted by

714
00:33:32,920 --> 00:33:35,880
Speaker 2: the Israeli Prime Minister Benyabannette and Yahoo. It would require

715
00:33:35,960 --> 00:33:39,160
Speaker 2: Hamas to release all hostages and fully disband. They would

716
00:33:39,160 --> 00:33:42,160
Speaker 2: be granted amnesty if they agree to the peaceful coexistence.

717
00:33:42,480 --> 00:33:44,880
Speaker 2: The plan would also see Blair appointed as the chair

718
00:33:44,920 --> 00:33:47,440
Speaker 2: of a board of peace. HUMMAS leaders say they have

719
00:33:47,480 --> 00:33:49,960
Speaker 2: not yet received the full proposal. John McTurnan is a

720
00:33:50,000 --> 00:33:53,160
Speaker 2: former political secretary for Tony Blair. Hi, John, Hello, how

721
00:33:53,200 --> 00:33:55,360
Speaker 2: are you very well? Thank you. Do you think that

722
00:33:55,440 --> 00:33:56,560
Speaker 2: HUMMAS will agree to this?

723
00:33:57,080 --> 00:33:57,360
Speaker 18: Yes?

724
00:33:57,960 --> 00:34:02,760
Speaker 19: I say that because from his time as Economic Envoy

725
00:34:03,080 --> 00:34:07,200
Speaker 19: in the Middle East, Tony Blair is known to be

726
00:34:07,200 --> 00:34:11,520
Speaker 19: trusted by Hamas, has Blah and by the other authorities.

727
00:34:11,520 --> 00:34:15,080
Speaker 19: But he's trusted by everybody because when he's involved in

728
00:34:15,120 --> 00:34:18,080
Speaker 19: a deal, the deal is stuck to because people can

729
00:34:18,120 --> 00:34:21,240
Speaker 19: trust his word. He's a major operator, and of course

730
00:34:21,600 --> 00:34:23,720
Speaker 19: he brings to it the experience of the North Island

731
00:34:23,719 --> 00:34:24,200
Speaker 19: Peace Deal.

732
00:34:24,360 --> 00:34:26,160
Speaker 2: There are parts of this deal though, that Hamas has

733
00:34:26,200 --> 00:34:28,360
Speaker 2: previously turned down or said they can't agree to. So

734
00:34:28,800 --> 00:34:30,840
Speaker 2: what is it? Is it the Blair part that changes

735
00:34:30,880 --> 00:34:32,520
Speaker 2: the calculation for them?

736
00:34:33,000 --> 00:34:36,600
Speaker 19: Look, I think is the Trump part that traines the

737
00:34:36,600 --> 00:34:40,560
Speaker 19: equation for everybody. We've always known that the only country

738
00:34:40,560 --> 00:34:43,440
Speaker 19: in the world that can actually bring peace in the

739
00:34:43,520 --> 00:34:47,080
Speaker 19: Middle East is the Americans. If the Americans come behind something,

740
00:34:47,440 --> 00:34:51,040
Speaker 19: they can put pressure on Israel, Israeli government on Nessyahu,

741
00:34:51,280 --> 00:34:54,200
Speaker 19: then no one else can. And that I think is

742
00:34:54,280 --> 00:34:58,239
Speaker 19: the is the difference. President Trump has moved on this

743
00:34:59,000 --> 00:35:02,000
Speaker 19: and that's important. And obviously behind this are lots of

744
00:35:02,040 --> 00:35:07,040
Speaker 19: discussions and negotiations and intermediaries in the region, and I

745
00:35:07,080 --> 00:35:10,719
Speaker 19: believe that that's the important thing.

746
00:35:11,200 --> 00:35:12,520
Speaker 2: Do you think the plane is going to work?

747
00:35:12,960 --> 00:35:16,480
Speaker 19: It has to work, doesn't it. It has to work.

748
00:35:16,520 --> 00:35:19,400
Speaker 19: We need peace in the Middle East. We need the

749
00:35:19,520 --> 00:35:24,600
Speaker 19: slaughter of illnocent children, innocent civilians, innocent women, innocent men.

750
00:35:26,000 --> 00:35:28,160
Speaker 19: The death needs to stop, the injuries need to stop,

751
00:35:29,120 --> 00:35:31,960
Speaker 19: the rebuilding needs this art. So we all need it

752
00:35:32,000 --> 00:35:35,600
Speaker 19: to work, and this may well be the best chance

753
00:35:36,320 --> 00:35:41,200
Speaker 19: for this to happen because it is an opportunity for

754
00:35:41,320 --> 00:35:43,439
Speaker 19: everyone to get something out of it. All piece deals

755
00:35:43,480 --> 00:35:45,839
Speaker 19: a difficult to construct, but this is one in which

756
00:35:45,880 --> 00:35:49,759
Speaker 19: there is something for everybody if they're willing to see

757
00:35:49,800 --> 00:35:52,920
Speaker 19: this as a pathway, a pathway to peace, a pathway

758
00:35:52,920 --> 00:35:56,359
Speaker 19: to reconstruction, a pathway to a two state solution. And

759
00:35:56,400 --> 00:35:59,920
Speaker 19: I think that's the important part of it. But you know,

760
00:36:00,920 --> 00:36:05,279
Speaker 19: peace takes time, a peace process takes time, and the

761
00:36:05,440 --> 00:36:08,879
Speaker 19: long decades of learning to live together and trust each other,

762
00:36:09,640 --> 00:36:12,440
Speaker 19: you know, are ahead. We've seen it in Northern Ireland.

763
00:36:12,640 --> 00:36:15,040
Speaker 19: But once you start to take the steps towards peace,

764
00:36:15,320 --> 00:36:18,040
Speaker 19: then each step is easier after the first one.

765
00:36:20,200 --> 00:36:22,360
Speaker 2: Yeah, and John, this plan has no mention of the

766
00:36:22,360 --> 00:36:24,719
Speaker 2: Palestinian state in it, but clearly this is a path

767
00:36:24,760 --> 00:36:27,239
Speaker 2: to a Palestinian states. That's the end goal, isn't it.

768
00:36:27,520 --> 00:36:27,719
Speaker 18: Yeah.

769
00:36:27,840 --> 00:36:33,279
Speaker 19: Look, and the recognition by a UN Security Council member

770
00:36:33,320 --> 00:36:36,040
Speaker 19: the UK, the recognition of Palestine was a critical part.

771
00:36:36,280 --> 00:36:39,680
Speaker 19: Recognition by France or by Norway, by Australia. This has

772
00:36:39,719 --> 00:36:44,480
Speaker 19: been building and who knows, these those steps may have

773
00:36:44,520 --> 00:36:48,600
Speaker 19: been part of a process that actually gives the confidence. Yes,

774
00:36:49,600 --> 00:36:53,680
Speaker 19: recognizing states is critical for Tuesday solution. States that are

775
00:36:53,719 --> 00:36:57,640
Speaker 19: able to negotiate, states to have stability, states that can

776
00:36:58,160 --> 00:37:03,000
Speaker 19: begin reconstruction. So I think it is in the end

777
00:37:03,280 --> 00:37:06,279
Speaker 19: there is no one state solution, so there has to

778
00:37:06,320 --> 00:37:08,960
Speaker 19: be a two state solution, or there is. What we've

779
00:37:09,000 --> 00:37:14,000
Speaker 19: seen this constant grinding conflict, which is it's not good

780
00:37:14,000 --> 00:37:18,279
Speaker 19: for Israel, for Israel's international reputation, it's terrible for Palestine,

781
00:37:18,520 --> 00:37:22,120
Speaker 19: terrible for the Gaza Gaza strip, terrible for the infrastructure,

782
00:37:22,160 --> 00:37:26,560
Speaker 19: for individuals, for families, the whole thing. If it can

783
00:37:26,560 --> 00:37:30,719
Speaker 19: come to a stop, then that is the beginning of

784
00:37:30,760 --> 00:37:33,880
Speaker 19: moving towards the Tuesdate solution, which gives stability and security

785
00:37:34,200 --> 00:37:36,160
Speaker 19: for both Palestine and for Israel.

786
00:37:36,360 --> 00:37:37,520
Speaker 2: John, it's good to talk to you, Thank you for

787
00:37:37,520 --> 00:37:40,279
Speaker 2: your time. John mcturn and former political secretary to former

788
00:37:40,400 --> 00:37:41,880
Speaker 2: UK Prime Minister Tony Blair.

789
00:37:42,400 --> 00:37:43,600
Speaker 3: Hither duplicy Ellen.

790
00:37:43,760 --> 00:37:46,200
Speaker 2: So the government is growing about getting closer to hitting

791
00:37:46,200 --> 00:37:50,920
Speaker 2: its health targets. Cancer treatment access, childhood immunization, ED stays

792
00:37:51,000 --> 00:37:54,359
Speaker 2: and wait times all improved in the latest quarter. Trouble is, though,

793
00:37:54,400 --> 00:37:56,840
Speaker 2: post code lottery is still a problem. So for example,

794
00:37:56,880 --> 00:37:59,840
Speaker 2: in the Lakes District, timely cancer treatment for patients plunge

795
00:37:59,880 --> 00:38:02,640
Speaker 2: for ninety seven percent down to eighty three percent. Malcolm

796
00:38:02,680 --> 00:38:04,680
Speaker 2: will Holland from Patient Voice ALTI it or is with

797
00:38:04,760 --> 00:38:08,279
Speaker 2: maham Malcolm, Hey, Heather, isn't this isn't it the case

798
00:38:08,320 --> 00:38:11,120
Speaker 2: that the reality is and reality always will be that

799
00:38:11,239 --> 00:38:13,040
Speaker 2: if you live in different parts of the country, you

800
00:38:13,040 --> 00:38:14,080
Speaker 2: will get different treatment.

801
00:38:15,560 --> 00:38:17,880
Speaker 16: Yeah, very much so. Although what I would say is

802
00:38:17,920 --> 00:38:19,879
Speaker 16: we're starting to see a bit of a creep. Were

803
00:38:19,960 --> 00:38:24,600
Speaker 16: normally bad hoalth outcomes would happen mainly in the rural areas,

804
00:38:25,080 --> 00:38:28,880
Speaker 16: we're now starting to see doctors speak out who operate

805
00:38:29,160 --> 00:38:32,520
Speaker 16: in some of our largest cities and centers. So that's

806
00:38:32,560 --> 00:38:34,200
Speaker 16: got to be an area of real concern.

807
00:38:35,160 --> 00:38:36,880
Speaker 2: Why is it just lack of workforce?

808
00:38:38,360 --> 00:38:41,359
Speaker 16: It is primarily yes, I would definitely say that, and

809
00:38:41,520 --> 00:38:43,560
Speaker 16: we don't seem to have a long term plan by

810
00:38:43,640 --> 00:38:47,360
Speaker 16: which we can get the doctors and specialists that we need,

811
00:38:47,640 --> 00:38:50,080
Speaker 16: not only just to service our current population, but a

812
00:38:50,080 --> 00:38:54,439
Speaker 16: growing population, one that is getting older by the year

813
00:38:54,520 --> 00:38:58,880
Speaker 16: and also has a lot more morbidity issues with that

814
00:38:59,000 --> 00:39:00,320
Speaker 16: population problem.

815
00:39:00,360 --> 00:39:01,279
Speaker 2: Lack of money.

816
00:39:02,520 --> 00:39:06,080
Speaker 16: It is, yeah, lack of money and also I think

817
00:39:06,160 --> 00:39:09,759
Speaker 16: we need to get some accurate picture around where the

818
00:39:09,760 --> 00:39:13,200
Speaker 16: money is going. It's been some years since the government

819
00:39:13,520 --> 00:39:16,640
Speaker 16: have put in the data to the OECD. I've seen

820
00:39:16,680 --> 00:39:20,160
Speaker 16: some challenging research around how much we actually do spend

821
00:39:20,280 --> 00:39:22,640
Speaker 16: on health and how it has been spent. I think

822
00:39:22,680 --> 00:39:24,440
Speaker 16: we need to get to the numb of that before

823
00:39:24,440 --> 00:39:27,439
Speaker 16: we can have an honest conversation about where it needs

824
00:39:27,440 --> 00:39:27,640
Speaker 16: to go.

825
00:39:27,880 --> 00:39:29,759
Speaker 2: Is the problem that we're facing right now, Malcolm that

826
00:39:29,840 --> 00:39:32,680
Speaker 2: instead of lift changing, instead of fixing the post code

827
00:39:32,680 --> 00:39:34,920
Speaker 2: lottery by lifting the parts of the country that are

828
00:39:34,920 --> 00:39:37,680
Speaker 2: not performing that well, we're actually we're actually seeing everything

829
00:39:37,680 --> 00:39:40,560
Speaker 2: fall back to the same position as those performing the worst.

830
00:39:42,040 --> 00:39:45,160
Speaker 16: Yeah, I think so, and I think too that the

831
00:39:46,040 --> 00:39:48,840
Speaker 16: measures you know, the data is only good as the

832
00:39:48,920 --> 00:39:51,480
Speaker 16: data that you provide. There are a number of issues

833
00:39:51,520 --> 00:39:55,080
Speaker 16: around the metrics that the government are operating under. We

834
00:39:55,120 --> 00:39:57,399
Speaker 16: know that there is a very high threshold by which

835
00:39:57,440 --> 00:39:59,759
Speaker 16: to be seen, and we know that triarchic happens even

836
00:39:59,800 --> 00:40:02,560
Speaker 16: before before you get to see a specialist. We know

837
00:40:02,640 --> 00:40:05,480
Speaker 16: that the data doesn't catch everything, for example, patients who

838
00:40:05,520 --> 00:40:09,160
Speaker 16: leave VD. We know that the system can be gained

839
00:40:09,200 --> 00:40:12,279
Speaker 16: in is gained and we've seen evidence of that and

840
00:40:12,320 --> 00:40:14,560
Speaker 16: also they've got to have the right metrics in place.

841
00:40:14,600 --> 00:40:16,879
Speaker 16: So when it comes to cancer care, for example, Heather,

842
00:40:17,360 --> 00:40:20,359
Speaker 16: many oncologists would say, that's the wrong metric. The right

843
00:40:20,440 --> 00:40:23,399
Speaker 16: metric is from the date of diagnosis to the date

844
00:40:23,560 --> 00:40:25,600
Speaker 16: ure first scene by a specialist.

845
00:40:26,120 --> 00:40:28,080
Speaker 2: Hey, thank you very much, Malcolm, appreciate it, Malcolm, Will

846
00:40:28,080 --> 00:40:29,640
Speaker 2: Holland patient voice outsiet.

847
00:40:29,320 --> 00:40:33,320
Speaker 3: Or Heather do for cl The z has cut its.

848
00:40:33,200 --> 00:40:35,640
Speaker 2: One year fixed home loan rate to four point four

849
00:40:35,760 --> 00:40:38,000
Speaker 2: four nine percent. Now, this is the reason I'm telling

850
00:40:38,040 --> 00:40:39,920
Speaker 2: you this is because this is a reasonably significant cut.

851
00:40:39,920 --> 00:40:42,360
Speaker 2: It's twenty six basis point cut. It is now the

852
00:40:42,400 --> 00:40:44,680
Speaker 2: lowest out there amongst the major banks for the one

853
00:40:44,760 --> 00:40:46,560
Speaker 2: year fixed rate. But this is the interesting thing, right,

854
00:40:46,600 --> 00:40:49,759
Speaker 2: four point four nine percent The peak in February last

855
00:40:49,840 --> 00:40:52,080
Speaker 2: year was seven point three five percent for the same rate.

856
00:40:52,360 --> 00:40:54,680
Speaker 2: That's nearly a forty percent drop. That is getting very

857
00:40:54,719 --> 00:40:57,560
Speaker 2: close to basically harving that rate. How good is that?

858
00:40:57,719 --> 00:41:00,160
Speaker 2: More money in your pocket coming up quarter past. So

859
00:41:00,200 --> 00:41:02,640
Speaker 2: here's some big news for both business and nature lovers.

860
00:41:02,680 --> 00:41:04,680
Speaker 2: One New Zealand has just teamed up with the Department

861
00:41:04,680 --> 00:41:07,719
Speaker 2: of Conservation in a partnership that's all about protecting our

862
00:41:07,840 --> 00:41:11,359
Speaker 2: unique biodiversity using the power of technology. So DOC has

863
00:41:11,440 --> 00:41:15,520
Speaker 2: named One New Zealand a new National Conservation partner in

864
00:41:15,560 --> 00:41:18,719
Speaker 2: a collaboration that's expected to direct fourteen million dollars into

865
00:41:18,719 --> 00:41:22,000
Speaker 2: supporting and protecting nature over the coming years. Now, thanks

866
00:41:22,000 --> 00:41:24,520
Speaker 2: to One New Zealand's cutting edge satellite to cell tech,

867
00:41:24,920 --> 00:41:27,880
Speaker 2: dock rangers will soon have better connectivity that will enable

868
00:41:27,920 --> 00:41:31,440
Speaker 2: safer field work, faster data collection, smarter decisions in some

869
00:41:31,480 --> 00:41:34,480
Speaker 2: of New Zealand's most remote places. One New Zealand satellite

870
00:41:34,480 --> 00:41:37,440
Speaker 2: text for example, is already proving really invaluable in the

871
00:41:37,520 --> 00:41:40,280
Speaker 2: past where the dock rangers protect the keiwi. It allows

872
00:41:40,280 --> 00:41:42,279
Speaker 2: them to keep in touch with the base, receive the

873
00:41:42,320 --> 00:41:44,759
Speaker 2: weather updates, request help if they need it. As One

874
00:41:44,760 --> 00:41:47,879
Speaker 2: New Zealand CEO Jason Powers says, this is about using

875
00:41:47,920 --> 00:41:52,120
Speaker 2: technology to help preserve our natural heritage. A powerful combo

876
00:41:52,160 --> 00:41:56,400
Speaker 2: of business smarts and environmental care. Better connectivity, better conservation,

877
00:41:56,719 --> 00:42:01,480
Speaker 2: a win win for New Zealand. Ever do Ellen eighteen

878
00:42:01,520 --> 00:42:03,680
Speaker 2: past five. Now there's a weird stoush going on in

879
00:42:03,719 --> 00:42:07,040
Speaker 2: the Lower North Island with horse riders who are furious

880
00:42:07,040 --> 00:42:09,359
Speaker 2: at NZTA because the horse riders have been banned from

881
00:42:09,440 --> 00:42:12,360
Speaker 2: using the new shared pathway that's going to run alongside

882
00:42:12,360 --> 00:42:15,359
Speaker 2: the new Utucky Livan Highway. Instead, they've been told they

883
00:42:15,400 --> 00:42:18,200
Speaker 2: have to ride on the highway itself. Now. Shelley Warwick

884
00:42:18,400 --> 00:42:21,480
Speaker 2: is the New Zealand Equestrian Advocacy Network chairperson and with

885
00:42:21,560 --> 00:42:22,560
Speaker 2: us Hello Shelley.

886
00:42:23,400 --> 00:42:24,799
Speaker 3: Oh hey, how are you well?

887
00:42:24,880 --> 00:42:27,240
Speaker 2: Thanks having me, Yeah, you're welcome. Now what is this path?

888
00:42:27,320 --> 00:42:30,040
Speaker 2: Is it like a cycle way quality path or is

889
00:42:30,040 --> 00:42:30,880
Speaker 2: it a dirt track?

890
00:42:32,600 --> 00:42:37,800
Speaker 20: Well, in the initial plans it was to be a

891
00:42:38,120 --> 00:42:41,440
Speaker 20: shared ue path like the one in the Kapiti Expressway.

892
00:42:41,960 --> 00:42:45,160
Speaker 20: So that's a formed path with the grass on each side.

893
00:42:45,200 --> 00:42:50,080
Speaker 20: Obviously that's to hold the path together. With the downgrades

894
00:42:50,280 --> 00:42:54,360
Speaker 20: NZA has done to the Otech North Livin that won't

895
00:42:54,400 --> 00:42:57,840
Speaker 20: be like that the whole way across the Horifnu, but

896
00:42:58,080 --> 00:43:00,720
Speaker 20: it will be a link for the commune unity from

897
00:43:00,880 --> 00:43:06,160
Speaker 20: north to south for at the stage just cyclists and walkers,

898
00:43:06,719 --> 00:43:09,960
Speaker 20: even though we've been involved in advocating to n ZTA

899
00:43:10,080 --> 00:43:13,600
Speaker 20: since twenty nineteen for inclusions for our safety.

900
00:43:13,680 --> 00:43:15,640
Speaker 2: It's the problem with the horses. Why did they say

901
00:43:15,640 --> 00:43:16,440
Speaker 2: no to the horses.

902
00:43:17,960 --> 00:43:22,760
Speaker 20: Well, it's a systemic and problem within our central government

903
00:43:22,880 --> 00:43:27,920
Speaker 20: agencies which has failed to recognize horse riders for decades now.

904
00:43:28,640 --> 00:43:31,800
Speaker 2: Selling funding normal language and fund Is it the pope

905
00:43:31,880 --> 00:43:33,160
Speaker 2: or is it the danger.

906
00:43:34,960 --> 00:43:40,040
Speaker 20: In this in this in this situation, it's just because

907
00:43:40,080 --> 00:43:42,280
Speaker 20: we were left out of the scoop, out of the scope.

908
00:43:42,360 --> 00:43:45,200
Speaker 20: So it's not poop and it's not danger because on

909
00:43:45,360 --> 00:43:49,160
Speaker 20: the next door Carbity Expressway we have shared that since

910
00:43:49,200 --> 00:43:54,440
Speaker 20: twenty seventeen successfully with all user groups and there have

911
00:43:54,600 --> 00:43:58,160
Speaker 20: not been incidences where horses have been of course an accident,

912
00:43:58,280 --> 00:44:01,520
Speaker 20: so it's not danger, it's not poope. It's just the

913
00:44:01,520 --> 00:44:04,640
Speaker 20: fact that the Minister of Transport has declared that this

914
00:44:04,680 --> 00:44:07,280
Speaker 20: will be a shared uice path for walkers and cycls

915
00:44:07,719 --> 00:44:09,360
Speaker 20: cycles only and not horse riders.

916
00:44:09,360 --> 00:44:11,759
Speaker 2: Are there alternative ways for you to get up the coast.

917
00:44:14,360 --> 00:44:18,040
Speaker 20: Well, it's the North South Link and the thing that

918
00:44:18,080 --> 00:44:21,560
Speaker 20: we're going to the Human rights about is the equity

919
00:44:21,920 --> 00:44:28,160
Speaker 20: situation here. So there are alternatives. Well, there are alternatives

920
00:44:28,200 --> 00:44:31,080
Speaker 20: for every other user if you want to take them.

921
00:44:31,080 --> 00:44:34,520
Speaker 20: But they've made a shared juice path to cater for

922
00:44:34,680 --> 00:44:39,160
Speaker 20: vulnerable road users to get across this community, but excluded

923
00:44:39,360 --> 00:44:44,600
Speaker 20: horse riders. Now, according to the New Zealand Police Superintendent

924
00:44:44,760 --> 00:44:47,759
Speaker 20: of Road Policing. We in the police sense and the

925
00:44:47,760 --> 00:44:52,360
Speaker 20: police words are vulnerable road users. So the NZTA have

926
00:44:52,560 --> 00:44:57,600
Speaker 20: just basically decided that they won't include horse riders for

927
00:44:57,640 --> 00:45:02,080
Speaker 20: no good reason, no reason, no cost, no safety. Just

928
00:45:02,160 --> 00:45:05,960
Speaker 20: it's it's syndemic and a cultural thing within these organizations

929
00:45:06,000 --> 00:45:06,960
Speaker 20: to not include us.

930
00:45:07,080 --> 00:45:09,719
Speaker 2: Well, let us know how you go, Shelley, appreciate that.

931
00:45:09,800 --> 00:45:15,279
Speaker 2: Shelley Warwick, New Zealand Equestrian Advocacy Network Chairperson five two.

932
00:45:16,040 --> 00:45:19,920
Speaker 1: Digging deeper into the day's headlines, it's Heather Duper Clan

933
00:45:20,080 --> 00:45:23,760
Speaker 1: drive with one New Zealand coverage like no one else

934
00:45:23,920 --> 00:45:24,479
Speaker 1: news talks.

935
00:45:24,520 --> 00:45:27,120
Speaker 2: They'd be We're going to talk to the council. Trade

936
00:45:27,200 --> 00:45:29,480
Speaker 2: Unions has got a plan. Tomorrow's the big idea with

937
00:45:29,480 --> 00:45:32,239
Speaker 2: the electricity from the government. Council. Trade Union's got a plan.

938
00:45:32,280 --> 00:45:34,680
Speaker 2: They want to renationalize the gen tailors, so we'll talk

939
00:45:34,680 --> 00:45:36,400
Speaker 2: to them about that after the news. Right now, it's

940
00:45:36,440 --> 00:45:38,359
Speaker 2: twenty four past five. Now we need to talk about

941
00:45:38,360 --> 00:45:41,360
Speaker 2: the Reserve Bank's excuses for how it completely stuffed up

942
00:45:41,360 --> 00:45:43,600
Speaker 2: its job and let inflation get away on it during COVID.

943
00:45:43,600 --> 00:45:47,439
Speaker 2: We spoke about this on the show yesterday. It's done.

944
00:45:47,440 --> 00:45:50,960
Speaker 2: The review. It says, quote in hindsight and earlier and

945
00:45:51,040 --> 00:45:57,040
Speaker 2: more aggressive tightening might have reduced inflation sooner. Yeah, really, Sherlock.

946
00:45:57,400 --> 00:45:59,840
Speaker 2: But this would have been difficult given the data of

947
00:45:59,840 --> 00:46:02,160
Speaker 2: able at the time. Now, basically what they're saying is, yeah,

948
00:46:02,200 --> 00:46:04,000
Speaker 2: we could have done better if we could see what

949
00:46:04,040 --> 00:46:06,000
Speaker 2: was happening at the time, but we couldn't see what

950
00:46:06,040 --> 00:46:08,440
Speaker 2: was happening at the time, Which is a croc, isn't it.

951
00:46:08,480 --> 00:46:10,399
Speaker 2: Because there were people who could see at the time

952
00:46:10,560 --> 00:46:13,239
Speaker 2: what was happening and they said so, they said it publicly,

953
00:46:13,360 --> 00:46:15,480
Speaker 2: they said the Reserve Bank needs to start tightening up

954
00:46:15,680 --> 00:46:18,239
Speaker 2: in some cases months, if not even more than a

955
00:46:18,320 --> 00:46:20,640
Speaker 2: year before they did. I mean, the New Zealand Initiative

956
00:46:20,680 --> 00:46:24,560
Speaker 2: first identified that COVID could cause inflation in April twenty

957
00:46:24,640 --> 00:46:26,960
Speaker 2: twenty two, that's a year and a half before the

958
00:46:26,960 --> 00:46:29,680
Speaker 2: Reserve Bank started tightening. Brad Olsen called on them to

959
00:46:29,680 --> 00:46:32,640
Speaker 2: start lifting the OCR in July twenty twenty one, that's

960
00:46:32,640 --> 00:46:35,520
Speaker 2: about three months before they started. They started in October

961
00:46:35,560 --> 00:46:40,200
Speaker 2: twenty twenty one. Now that's good on them for at

962
00:46:40,200 --> 00:46:42,879
Speaker 2: that point starting to move. But they were doing it.

963
00:46:42,920 --> 00:46:45,120
Speaker 2: They were pumping the brake ever so slightly, while still

964
00:46:45,160 --> 00:46:47,319
Speaker 2: pushing the accelerator in a big way. Because they did

965
00:46:47,320 --> 00:46:50,000
Speaker 2: not stop pumping the economy. They kept their cheap Money

966
00:46:50,000 --> 00:46:53,400
Speaker 2: for Banks program going all the while. In February twenty

967
00:46:53,480 --> 00:46:55,880
Speaker 2: twenty two the following year, the New Zealand Initiative was

968
00:46:55,920 --> 00:46:58,799
Speaker 2: warning like, hey listen, this inflation is a thing here,

969
00:46:59,080 --> 00:47:01,200
Speaker 2: but that lending can continued. That cheap money to the

970
00:47:01,200 --> 00:47:04,680
Speaker 2: bank's continued all the way through to December twenty twenty two,

971
00:47:05,040 --> 00:47:09,920
Speaker 2: when it stopped. Inflation was already at seven point two percent,

972
00:47:10,200 --> 00:47:11,040
Speaker 2: which is nuts.

973
00:47:11,480 --> 00:47:11,719
Speaker 21: Now.

974
00:47:11,719 --> 00:47:14,520
Speaker 2: To be fair to the Reserve Bank, it wasn't just

975
00:47:14,560 --> 00:47:16,839
Speaker 2: their fault. Grant Robertson was doing a fair bit right.

976
00:47:16,840 --> 00:47:18,719
Speaker 2: He was spending like crazy, and even though he was

977
00:47:18,760 --> 00:47:21,160
Speaker 2: worn by Treasury, he just kept on spending too. But

978
00:47:21,239 --> 00:47:23,480
Speaker 2: that doesn't exonerate the Reserve Bank. It just makes their

979
00:47:23,520 --> 00:47:26,000
Speaker 2: job harder. But they cannot pretend that they didn't see

980
00:47:26,000 --> 00:47:28,480
Speaker 2: what was happening, because others did see what was happening,

981
00:47:28,600 --> 00:47:30,880
Speaker 2: and they needed to see what was happening, because that

982
00:47:31,239 --> 00:47:33,399
Speaker 2: is what they are paid for.

983
00:47:34,200 --> 00:47:36,960
Speaker 3: Ever dupers the Allen Heather the horse.

984
00:47:36,800 --> 00:47:39,319
Speaker 2: Riders complain about the bicycles wizzing past them, and that's

985
00:47:39,320 --> 00:47:43,080
Speaker 2: why they're not allowed to share the pathway, Thank you, Sue. Look,

986
00:47:43,680 --> 00:47:45,520
Speaker 2: I don't want to be addicted to the horse riders,

987
00:47:45,800 --> 00:47:48,920
Speaker 2: because horse riding is a perfectly lovely activity that many

988
00:47:48,960 --> 00:47:52,440
Speaker 2: people in my family still participate in and good on them.

989
00:47:52,680 --> 00:47:55,080
Speaker 2: Lovely thing to do. Lots of my friends do it.

990
00:47:55,200 --> 00:47:58,520
Speaker 2: I have lots of friends who are horse riders. However,

991
00:47:59,239 --> 00:48:02,520
Speaker 2: come on, now, horse riding is not a legit form

992
00:48:02,560 --> 00:48:05,360
Speaker 2: of transport anymore, is it? Because this is not eighteen

993
00:48:05,480 --> 00:48:07,879
Speaker 2: twenty five, is it? It's twenty twenty five. I mean,

994
00:48:07,920 --> 00:48:11,080
Speaker 2: you can actually legit ride your bicycle from one point

995
00:48:11,120 --> 00:48:13,000
Speaker 2: to the other as your main form of transport because

996
00:48:13,000 --> 00:48:16,319
Speaker 2: your name is Julianne Genta. You could just walk everywhere

997
00:48:16,400 --> 00:48:20,000
Speaker 2: because that's what you're into as well. But nobody, nobody

998
00:48:20,120 --> 00:48:22,440
Speaker 2: still rides a horse like it's a car, do they?

999
00:48:22,719 --> 00:48:26,200
Speaker 2: So I feel like, I mean, I feel like into

1000
00:48:26,239 --> 00:48:28,120
Speaker 2: ta telling them to go on the road is also

1001
00:48:28,160 --> 00:48:31,960
Speaker 2: a bit rough, but maybe not. Maybe they just need

1002
00:48:32,040 --> 00:48:35,040
Speaker 2: to use it as a hobby, not a mode of transport. Now,

1003
00:48:35,200 --> 00:48:37,640
Speaker 2: news is next.

1004
00:48:37,719 --> 00:48:42,960
Speaker 1: Exkive what the day's newsmakers talk to Heather First? Heather

1005
00:48:43,040 --> 00:48:46,400
Speaker 1: duplic elan drive with one New Zealand and the power

1006
00:48:46,440 --> 00:48:48,120
Speaker 1: of satellite mobile news.

1007
00:48:48,120 --> 00:48:50,000
Speaker 3: Doorgs be watch me.

1008
00:48:54,280 --> 00:48:56,960
Speaker 2: A news just in from Australia. The RBA has held

1009
00:48:56,960 --> 00:48:59,840
Speaker 2: the cash right at three point six percent. We're going

1010
00:48:59,880 --> 00:49:02,000
Speaker 2: to listen. We're going to deal with this business about

1011
00:49:02,040 --> 00:49:05,120
Speaker 2: the tariff, the Donald Trump tariff on the movies after

1012
00:49:05,120 --> 00:49:07,400
Speaker 2: six o'clock with Irene Gardner. We've got the Huddle standing

1013
00:49:07,400 --> 00:49:09,560
Speaker 2: by as well. Phil Goff and Connor English will be

1014
00:49:09,640 --> 00:49:11,799
Speaker 2: with us later on. Right now, it is twenty five

1015
00:49:11,840 --> 00:49:13,759
Speaker 2: away from six now. Tomorrow's a big day for the

1016
00:49:13,800 --> 00:49:18,760
Speaker 2: electricity sector, with the government set to announce its surgical intervention. Meanwhile,

1017
00:49:18,800 --> 00:49:22,040
Speaker 2: the Council of Trade Unions has said shared its solution today,

1018
00:49:22,600 --> 00:49:25,080
Speaker 2: which is to renationalize the gen tailors that mum and

1019
00:49:25,120 --> 00:49:28,440
Speaker 2: Dad investors brought into during John Keyess administration. The CTU

1020
00:49:28,480 --> 00:49:29,840
Speaker 2: president is Richard Wagstaff.

1021
00:49:29,840 --> 00:49:31,359
Speaker 21: Hey, Richard, hi there.

1022
00:49:31,520 --> 00:49:32,839
Speaker 2: How much would it cost to do this?

1023
00:49:34,280 --> 00:49:37,440
Speaker 21: Well, it would take a considerable time, but basically it

1024
00:49:37,480 --> 00:49:39,560
Speaker 21: wouldn't cost a lot at all, because what we're saying

1025
00:49:39,600 --> 00:49:42,239
Speaker 21: is that instead of wasting money as the current gent

1026
00:49:42,280 --> 00:49:44,680
Speaker 21: tailors do on their own dividends, so it'd put those

1027
00:49:44,719 --> 00:49:47,719
Speaker 21: dividends back into reclaiming public ownership. So it's a longer

1028
00:49:47,800 --> 00:49:50,239
Speaker 21: term strategy and one where we think the money is

1029
00:49:50,280 --> 00:49:54,000
Speaker 21: better spent than on exorbitant dividends. The shareholders whitch corrpps.

1030
00:49:54,200 --> 00:49:56,520
Speaker 2: So over a period of time they increase their own

1031
00:49:56,520 --> 00:49:57,839
Speaker 2: stake back up to one hundred percent.

1032
00:49:57,880 --> 00:50:01,399
Speaker 21: Yeah's a yes. If they don't do that, then they

1033
00:50:01,400 --> 00:50:03,560
Speaker 21: can spend their money on investing in the future of

1034
00:50:03,600 --> 00:50:04,640
Speaker 21: the electricity industry.

1035
00:50:04,680 --> 00:50:05,840
Speaker 22: What we've had is a.

1036
00:50:05,840 --> 00:50:08,680
Speaker 21: System where they're not pumping in the money on capital expenditure.

1037
00:50:08,800 --> 00:50:11,560
Speaker 21: They've been pumping it into private dividends and private profits.

1038
00:50:11,560 --> 00:50:14,840
Speaker 21: So we're saying time to focus on providing energy and

1039
00:50:14,920 --> 00:50:17,799
Speaker 21: electricity as a public utility rather than a place for

1040
00:50:17,840 --> 00:50:18,920
Speaker 21: making exorbit and profit.

1041
00:50:19,040 --> 00:50:20,760
Speaker 2: How long does the spyback take.

1042
00:50:21,600 --> 00:50:24,240
Speaker 21: Well, it depends on how much they want to direct

1043
00:50:24,320 --> 00:50:26,600
Speaker 21: back into dividends or how much they want to invest

1044
00:50:26,760 --> 00:50:30,000
Speaker 21: back into capital expenditure. What we've found with the current model,

1045
00:50:30,000 --> 00:50:32,560
Speaker 21: which is sort of unfortunately seems to be dominated by

1046
00:50:32,560 --> 00:50:35,600
Speaker 21: private interests, particularly since privatization, is that they'll put a

1047
00:50:35,600 --> 00:50:39,120
Speaker 21: lot of time and energy into focusing on providing dividends

1048
00:50:39,280 --> 00:50:42,080
Speaker 21: and not enough energy and not enough money into providing

1049
00:50:42,360 --> 00:50:44,919
Speaker 21: capital expenditure. That is up to them. If we bring

1050
00:50:44,920 --> 00:50:47,000
Speaker 21: in this policy that we're proposing, they'll have to make

1051
00:50:47,000 --> 00:50:49,480
Speaker 21: that call. It might be that they think a little

1052
00:50:49,560 --> 00:50:52,040
Speaker 21: harder about wasting so much money on dividends and they

1053
00:50:52,080 --> 00:50:54,719
Speaker 21: put a bit more into capital expenditure. If they don't, well,

1054
00:50:55,040 --> 00:50:56,520
Speaker 21: the state will oarn more of it and we'll be

1055
00:50:56,520 --> 00:50:58,920
Speaker 21: able to direct that that investment.

1056
00:50:58,920 --> 00:51:02,800
Speaker 2: Accordingly, I don't think this is a good idea, Richard.

1057
00:51:02,840 --> 00:51:04,600
Speaker 2: I mean, if you talked to a Phraser Winnerat who

1058
00:51:04,640 --> 00:51:07,600
Speaker 2: was previously the chief executive of Mercury Energy, he himself

1059
00:51:07,640 --> 00:51:12,319
Speaker 2: says that when they floated, it suddenly introduced efficiencies they

1060
00:51:12,320 --> 00:51:14,919
Speaker 2: didn't have when they were in twoe hundred percent publicly owned,

1061
00:51:14,960 --> 00:51:15,840
Speaker 2: which is common.

1062
00:51:16,320 --> 00:51:19,280
Speaker 21: Roiling, mate, you think you've got to be joking. Thirteen

1063
00:51:19,480 --> 00:51:22,560
Speaker 21: billion since twenty thirteen privatization, thirteen billion went out in

1064
00:51:22,640 --> 00:51:25,880
Speaker 21: dividends and a fraction of when to capital expenditure. This

1065
00:51:26,080 --> 00:51:28,600
Speaker 21: market system that keeps and okay.

1066
00:51:28,320 --> 00:51:30,320
Speaker 2: Fair enough, that sounds like a big number. But Richard,

1067
00:51:30,600 --> 00:51:33,279
Speaker 2: how much number? How much was spent in capital expenditure

1068
00:51:33,280 --> 00:51:33,680
Speaker 2: before that?

1069
00:51:33,760 --> 00:51:35,560
Speaker 21: About a fifth of that we reckon it's about a

1070
00:51:35,640 --> 00:51:39,280
Speaker 21: year's worth of dividend. Between twenty sixteen and twenty twenty,

1071
00:51:39,520 --> 00:51:42,279
Speaker 21: there's one point two billion in capital expenditure. That was

1072
00:51:42,320 --> 00:51:44,200
Speaker 21: about a fifth of the dividend payout. In another word,

1073
00:51:44,239 --> 00:51:47,080
Speaker 21: just a fraction of the dividend payout. Our electricity is

1074
00:51:47,480 --> 00:51:49,680
Speaker 21: no more generated today than there was ten years ago.

1075
00:51:49,920 --> 00:51:53,040
Speaker 21: There's something failing in Wilson, Winnerrat and s Winter Wilson,

1076
00:51:53,080 --> 00:51:56,920
Speaker 21: Winway and Winnerray's model where we're not increasing the amount

1077
00:51:56,960 --> 00:52:00,160
Speaker 21: of generation of electricity. We have a growing population, we

1078
00:52:00,160 --> 00:52:03,319
Speaker 21: should have a growing economy, we should have cheaper electricity.

1079
00:52:03,480 --> 00:52:05,960
Speaker 21: When we talk to our workers about this, they're deeply concerned,

1080
00:52:05,960 --> 00:52:07,520
Speaker 21: not just about the cost of living and keeping the

1081
00:52:07,560 --> 00:52:10,440
Speaker 21: home warm, they're really concerned about businesses going under. Like

1082
00:52:10,480 --> 00:52:13,319
Speaker 21: in the Central North Island we're're citing electricity costs has

1083
00:52:13,360 --> 00:52:15,720
Speaker 21: been one of the biggest shops.

1084
00:52:16,160 --> 00:52:17,920
Speaker 2: Respect to you for coming out with an idea, right,

1085
00:52:17,920 --> 00:52:20,200
Speaker 2: but are you actually you're just dealing with only one

1086
00:52:20,239 --> 00:52:22,719
Speaker 2: part of what is a massive confluence of problems. Right.

1087
00:52:22,880 --> 00:52:24,239
Speaker 2: This doesn't deal with the fact that we have a

1088
00:52:24,239 --> 00:52:26,279
Speaker 2: gas shortage which is causing all the spikes that we're

1089
00:52:26,280 --> 00:52:28,120
Speaker 2: seeing at the moment. It doesn't deal with the fact

1090
00:52:28,120 --> 00:52:31,040
Speaker 2: that the primary thing pushing up our electricity bills, at

1091
00:52:31,120 --> 00:52:33,880
Speaker 2: least for residential customers at the moment, is transmission costs.

1092
00:52:34,719 --> 00:52:36,600
Speaker 21: No, I think you're looking at that in the reverse order.

1093
00:52:36,640 --> 00:52:39,799
Speaker 21: Really we've said it differently, Heather. The reason why we're

1094
00:52:39,800 --> 00:52:42,440
Speaker 21: having to we're talking about gas and coal and stuff

1095
00:52:42,680 --> 00:52:45,239
Speaker 21: is because we haven't invested in our renewables. If we

1096
00:52:45,280 --> 00:52:49,200
Speaker 21: start investing in our renewables win solar, gosrmal, which are

1097
00:52:49,239 --> 00:52:51,160
Speaker 21: available to us in New Zealand, we wouldn't have to

1098
00:52:51,160 --> 00:52:53,399
Speaker 21: be thinking about going up to gas which isn't certain

1099
00:52:53,440 --> 00:52:56,759
Speaker 21: by any streets, or using an efficient coal and dirty coal,

1100
00:52:56,920 --> 00:52:59,400
Speaker 21: which could be addressing this thing more strategically. And that's

1101
00:52:59,440 --> 00:53:01,439
Speaker 21: kind of the problem. We don't keep doing the short

1102
00:53:01,440 --> 00:53:03,680
Speaker 21: tem fixes and saying more market, we'll fix it when

1103
00:53:03,680 --> 00:53:06,560
Speaker 21: the market has failed us, failed our industry, failed our

1104
00:53:06,560 --> 00:53:10,359
Speaker 21: economy and failing individuals in terms of alteresty, generation, availability

1105
00:53:10,360 --> 00:53:10,880
Speaker 21: in pricing.

1106
00:53:11,040 --> 00:53:13,080
Speaker 2: Richard, thanks for having a chat to us. Richard Wagstaff,

1107
00:53:13,120 --> 00:53:15,600
Speaker 2: Council of Trade Union's President, twenty away from six.

1108
00:53:16,440 --> 00:53:20,280
Speaker 1: The huddle with New Zealand Southeby's International Realty the global

1109
00:53:20,360 --> 00:53:22,120
Speaker 1: leader and luxury real estate.

1110
00:53:22,520 --> 00:53:24,040
Speaker 2: On the Huddle of Us this evening we have Phil

1111
00:53:24,080 --> 00:53:29,759
Speaker 2: Goff and Connor English high lads. Listen, Phil, I want

1112
00:53:29,800 --> 00:53:31,520
Speaker 2: to talk to you about Trump's peace plan. Has this

1113
00:53:31,560 --> 00:53:33,160
Speaker 2: got any chance of working? Do you think?

1114
00:53:34,280 --> 00:53:36,759
Speaker 10: Well? You hope so, because you want to support any

1115
00:53:36,800 --> 00:53:41,120
Speaker 10: move that will end the slaughter of just numerous civilians.

1116
00:53:41,200 --> 00:53:44,800
Speaker 10: You know, sixty six thousand people Palestinians killed. Now, some

1117
00:53:44,880 --> 00:53:46,319
Speaker 10: of them would have been harm used, and I'm not

1118
00:53:46,520 --> 00:53:50,200
Speaker 10: shedding tears over that they were combatants, but a third

1119
00:53:50,239 --> 00:53:53,040
Speaker 10: of them are kids. And you see the suffering there

1120
00:53:53,080 --> 00:53:55,400
Speaker 10: at the moment, and you say that there's got to

1121
00:53:55,440 --> 00:53:58,880
Speaker 10: be a way of bringing a sustainable peace there. This

1122
00:53:59,080 --> 00:54:02,600
Speaker 10: plan's promising for a couple of reasons. One, it's supported

1123
00:54:02,600 --> 00:54:07,040
Speaker 10: by neighboring Arab countries and the Palestinian authority and Netta

1124
00:54:07,120 --> 00:54:10,320
Speaker 10: Na who has also accepted it. But you know, it

1125
00:54:11,480 --> 00:54:14,200
Speaker 10: doesn't answer all the questions who provides the peacekeepers, who

1126
00:54:14,560 --> 00:54:18,120
Speaker 10: provides the money to rebuild, and will of parties either

1127
00:54:18,560 --> 00:54:21,600
Speaker 10: Hummas if they agree to it and Israel if they

1128
00:54:21,640 --> 00:54:25,360
Speaker 10: agree to it, keep their word, because they're both notorious

1129
00:54:25,120 --> 00:54:28,160
Speaker 10: for failing to keep their word and breaking their promises.

1130
00:54:28,320 --> 00:54:30,760
Speaker 2: Yeah, feels a little bit like Hummas has been snookered

1131
00:54:30,760 --> 00:54:32,960
Speaker 2: here Connor. They have to agree to it otherwise they

1132
00:54:33,000 --> 00:54:34,600
Speaker 2: become the bad guys all over again.

1133
00:54:37,000 --> 00:54:37,239
Speaker 10: Yeah.

1134
00:54:37,320 --> 00:54:39,880
Speaker 22: I think Donald Trump has, you know, the art of

1135
00:54:39,920 --> 00:54:43,680
Speaker 22: the negotiator. Hopefully it comes off, and hopefully he can

1136
00:54:43,719 --> 00:54:46,799
Speaker 22: do something that plenty of presidents before him haven't been

1137
00:54:46,840 --> 00:54:48,960
Speaker 22: able to do, which is to get sort of declared

1138
00:54:49,000 --> 00:54:50,879
Speaker 22: police amongst the parties in the Middle East.

1139
00:54:51,719 --> 00:54:54,520
Speaker 2: I feel the thing here that has disappointed people is

1140
00:54:54,560 --> 00:54:57,239
Speaker 2: that there is no talk in the steal of a

1141
00:54:57,280 --> 00:54:59,719
Speaker 2: Palestinian state. But it feels like it is kind of

1142
00:55:00,280 --> 00:55:02,400
Speaker 2: the groundwork for a Palestinian state, isn't it.

1143
00:55:03,680 --> 00:55:06,480
Speaker 10: Well, you'd hope so, because the two states solution that

1144
00:55:06,560 --> 00:55:10,880
Speaker 10: everybody except Israel seems to agree to and supported by

1145
00:55:10,880 --> 00:55:13,960
Speaker 10: the United States, is the obvious solution. There are two

1146
00:55:14,040 --> 00:55:17,040
Speaker 10: people that have their homeland on one piece of land,

1147
00:55:17,840 --> 00:55:21,160
Speaker 10: Palestinians that were pushed out when Israel was formed. Everybody

1148
00:55:21,239 --> 00:55:25,480
Speaker 10: understands why Israel was formed and the aftermath of the Holocaust,

1149
00:55:25,920 --> 00:55:29,160
Speaker 10: but they deserve to have a decent future, a decent present.

1150
00:55:29,239 --> 00:55:32,760
Speaker 10: First bow to survive the present and build a decent

1151
00:55:32,800 --> 00:55:37,040
Speaker 10: future for their kids. And those that follow, And it

1152
00:55:37,080 --> 00:55:39,719
Speaker 10: can't be just a case of having peace and not

1153
00:55:39,760 --> 00:55:42,560
Speaker 10: finding a long term solution that gives them some hope

1154
00:55:42,600 --> 00:55:45,280
Speaker 10: for the future, because there's one thing that feeds terrorism,

1155
00:55:45,680 --> 00:55:49,360
Speaker 10: and that's firstly when you have no hope that nothing's

1156
00:55:49,400 --> 00:55:51,640
Speaker 10: going to get better, and secondly, when you watch your

1157
00:55:51,680 --> 00:55:56,120
Speaker 10: members of your family being slaughtered by attacks and starving,

1158
00:55:57,400 --> 00:55:59,359
Speaker 10: it's hard not to hate the people that are doing

1159
00:55:59,440 --> 00:56:00,400
Speaker 10: that to you too.

1160
00:56:00,560 --> 00:56:04,239
Speaker 2: Right, Okay, now, Connor the Dixon Street apartments in your

1161
00:56:04,320 --> 00:56:07,160
Speaker 2: part of the world, Does someone at KO need to

1162
00:56:07,160 --> 00:56:09,520
Speaker 2: be fired for selling them to the EWE for one

1163
00:56:09,560 --> 00:56:12,120
Speaker 2: million dollars, who within three weeks sold them for three

1164
00:56:12,120 --> 00:56:13,479
Speaker 2: million dollars to someone else.

1165
00:56:15,840 --> 00:56:18,160
Speaker 22: Well, it's hard to know all the details, but on

1166
00:56:18,200 --> 00:56:19,759
Speaker 22: the face of it, that does seem like a bit

1167
00:56:19,800 --> 00:56:21,600
Speaker 22: of a bit of a rise over a short period

1168
00:56:21,640 --> 00:56:25,160
Speaker 22: of time. I suspect when they sold it they were

1169
00:56:25,200 --> 00:56:27,960
Speaker 22: looking at getting rid of what was probably quite a

1170
00:56:28,000 --> 00:56:31,719
Speaker 22: big liability with earthquake strength thing, although that might be

1171
00:56:31,760 --> 00:56:34,279
Speaker 22: different today than what it was a couple of days ago,

1172
00:56:35,040 --> 00:56:36,960
Speaker 22: and I suspect they were looking at it more as

1173
00:56:37,120 --> 00:56:39,480
Speaker 22: let's get rid of the liability off their books, and

1174
00:56:39,520 --> 00:56:41,920
Speaker 22: so We're prepared to take very little to just get

1175
00:56:42,080 --> 00:56:44,600
Speaker 22: rid of the future costs of operating that building.

1176
00:56:45,320 --> 00:56:47,239
Speaker 2: That's not being very good at business, is it.

1177
00:56:48,719 --> 00:56:50,759
Speaker 22: Well, you'd like to think they've got the full market value,

1178
00:56:50,840 --> 00:56:52,160
Speaker 22: or they could have got it, and I don't know

1179
00:56:52,200 --> 00:56:53,680
Speaker 22: how they went to market or how.

1180
00:56:53,520 --> 00:56:56,080
Speaker 2: They really didn't. Doesn't this look connor to you?

1181
00:56:56,160 --> 00:56:56,239
Speaker 22: Like?

1182
00:56:56,360 --> 00:56:59,439
Speaker 2: What may potentially have happened here is old mate Ian

1183
00:56:59,520 --> 00:57:02,600
Speaker 2: Castle's developer got hooked up with the EWI, and so

1184
00:57:02,640 --> 00:57:05,400
Speaker 2: the EWE gets first right of refusal. EWI buys it

1185
00:57:05,440 --> 00:57:08,080
Speaker 2: for one million, sells it to ian Castle's for three million,

1186
00:57:08,120 --> 00:57:10,040
Speaker 2: And that just seems like a really tidy way of

1187
00:57:10,080 --> 00:57:12,320
Speaker 2: making sure that it never goes to the open market

1188
00:57:12,440 --> 00:57:13,760
Speaker 2: and achieves its full value.

1189
00:57:14,920 --> 00:57:17,840
Speaker 22: Well, there maybe some people who speculate on that process.

1190
00:57:18,080 --> 00:57:19,640
Speaker 22: I just don't know enough about it.

1191
00:57:19,520 --> 00:57:20,840
Speaker 3: Either, Phil.

1192
00:57:21,160 --> 00:57:22,560
Speaker 2: What do you think they're wiping here?

1193
00:57:23,400 --> 00:57:27,000
Speaker 10: Well, it is certainly a liability. The cost to remediate

1194
00:57:27,080 --> 00:57:29,280
Speaker 10: and strengthen the building is something like one hundred and

1195
00:57:29,320 --> 00:57:32,080
Speaker 10: twenty five million, which puts you know, whether the price

1196
00:57:32,200 --> 00:57:36,240
Speaker 10: was one million or three million into context. Having said that,

1197
00:57:37,720 --> 00:57:41,520
Speaker 10: I think that if ken Or and its minister is

1198
00:57:41,560 --> 00:57:45,440
Speaker 10: going to sell it for one million, and three weeks

1199
00:57:45,520 --> 00:57:49,080
Speaker 10: later the purchaser, whether it's EWE or anybody else, sells

1200
00:57:49,080 --> 00:57:52,880
Speaker 10: it for three million. That raises some pretty big questions

1201
00:57:53,240 --> 00:57:55,160
Speaker 10: and I think you need a lot more transparency and

1202
00:57:55,160 --> 00:57:59,040
Speaker 10: accountability around what happened. Now. Yea, the EWE had the

1203
00:57:59,080 --> 00:58:01,680
Speaker 10: first right of refuge, but you don't have to sell them.

1204
00:58:01,920 --> 00:58:03,880
Speaker 10: You don't have to sell it to them. And the

1205
00:58:03,960 --> 00:58:06,200
Speaker 10: question is whether they could have sold it directly to

1206
00:58:06,680 --> 00:58:10,320
Speaker 10: castles or whether an agreement between castles and the EWE

1207
00:58:11,160 --> 00:58:14,160
Speaker 10: prevented that. Now, if that were the case, then cayang

1208
00:58:14,200 --> 00:58:16,080
Speaker 10: Alura should simply come out and say we did not

1209
00:58:16,160 --> 00:58:18,800
Speaker 10: have that option. But you know it is public money,

1210
00:58:18,800 --> 00:58:20,920
Speaker 10: and therefore you want to make sure that you're not

1211
00:58:21,040 --> 00:58:23,600
Speaker 10: gifting a couple of million dollars for somebody that simply

1212
00:58:23,600 --> 00:58:26,400
Speaker 10: acts as an intermediary holding the property for two weeks.

1213
00:58:26,480 --> 00:58:28,040
Speaker 2: Yeah too, Right, all right, guys, will take a break,

1214
00:58:28,040 --> 00:58:29,920
Speaker 2: come back to you shortly. Right now, it's coming up

1215
00:58:29,960 --> 00:58:30,400
Speaker 2: quarter to two.

1216
00:58:32,080 --> 00:58:35,680
Speaker 1: The Huddle with New Zealand Southeby's International Realty. Find your

1217
00:58:36,040 --> 00:58:36,840
Speaker 1: one of a kind.

1218
00:58:37,640 --> 00:58:40,840
Speaker 2: Right, you're back with the Huddle. Connor English, Phil Goff, Hello, Connor,

1219
00:58:40,880 --> 00:58:42,520
Speaker 2: I need to ask you this question, which I haven't

1220
00:58:42,520 --> 00:58:45,840
Speaker 2: warned you about at all. Did you watch the rugby?

1221
00:58:46,680 --> 00:58:48,640
Speaker 22: I did watch the rugby the Wallabies and they.

1222
00:58:48,560 --> 00:58:50,120
Speaker 2: Will beax And what did you think of the flyover?

1223
00:58:53,840 --> 00:58:56,439
Speaker 22: Well, I was at the Athletic Park on the last

1224
00:58:56,520 --> 00:58:58,240
Speaker 22: day that they played a game here with the French

1225
00:58:58,320 --> 00:59:02,160
Speaker 22: and seven four seven flew over and it was awesome

1226
00:59:02,200 --> 00:59:03,480
Speaker 22: being in the crowd.

1227
00:59:03,920 --> 00:59:06,000
Speaker 2: He sounds playing nuts at the moment that you were

1228
00:59:06,000 --> 00:59:06,600
Speaker 2: playing nuts.

1229
00:59:07,920 --> 00:59:08,080
Speaker 3: Yeah.

1230
00:59:08,080 --> 00:59:11,080
Speaker 22: I do quite like planes, but often at these sporting

1231
00:59:11,120 --> 00:59:13,240
Speaker 22: events like Formula one and that they do sort of

1232
00:59:13,240 --> 00:59:15,640
Speaker 22: have fighter jets flying over, don't they. And those two

1233
00:59:15,640 --> 00:59:17,920
Speaker 22: planes that he were slightly different than that.

1234
00:59:18,320 --> 00:59:19,400
Speaker 3: Well, I keep the film.

1235
00:59:19,480 --> 00:59:21,600
Speaker 2: It was so weird to me? Was it not weird?

1236
00:59:21,760 --> 00:59:23,640
Speaker 2: The reason we're talking about it obviously fellows because it

1237
00:59:23,640 --> 00:59:25,480
Speaker 2: turns out it cost US twenty thousand dollars to send

1238
00:59:25,520 --> 00:59:27,680
Speaker 2: the two planes over the top, we find out today.

1239
00:59:27,840 --> 00:59:29,600
Speaker 2: But was it not weird to just all of a

1240
00:59:29,600 --> 00:59:31,560
Speaker 2: sudden flex on the Aussies when we didn't flex on

1241
00:59:31,600 --> 00:59:32,240
Speaker 2: any other team.

1242
00:59:34,840 --> 00:59:37,080
Speaker 10: I didn't get to see the game because I went

1243
00:59:37,120 --> 00:59:40,080
Speaker 10: down the beach, so I missed them and the black ferns.

1244
00:59:40,120 --> 00:59:43,120
Speaker 10: But yeah, probably it probably was a little bit odd.

1245
00:59:43,520 --> 00:59:46,440
Speaker 10: I have a bit of excitement for the crowd. I mean,

1246
00:59:46,760 --> 00:59:49,160
Speaker 10: the thing that I remember about it is after an

1247
00:59:49,200 --> 00:59:52,520
Speaker 10: appalling weekend. The previous weekend we had a consolation of

1248
00:59:52,520 --> 00:59:55,320
Speaker 10: a win over the Aussies and at least a bronze

1249
00:59:55,360 --> 00:59:58,800
Speaker 10: medal for the for the black Ferns. So yeah, I

1250
00:59:58,920 --> 01:00:01,280
Speaker 10: was I thought, a good weekend of rugby four in

1251
01:00:01,320 --> 01:00:03,720
Speaker 10: New Zealand hell of a lot better than what had

1252
01:00:03,720 --> 01:00:04,280
Speaker 10: preceded it.

1253
01:00:04,840 --> 01:00:07,480
Speaker 2: That's true. I suppose we'll take them. We'll go with

1254
01:00:07,480 --> 01:00:10,560
Speaker 2: the glass half full thing. What did you make? What

1255
01:00:10,600 --> 01:00:13,160
Speaker 2: did you make? Kind of of Richard Wagstaf's idea earlier.

1256
01:00:15,080 --> 01:00:17,760
Speaker 22: Well, look, I think he's got a point that the

1257
01:00:17,760 --> 01:00:20,200
Speaker 22: price of energy and the cost of energy to not

1258
01:00:20,240 --> 01:00:22,600
Speaker 22: any consumers but to business is really crucial in the

1259
01:00:22,640 --> 01:00:26,520
Speaker 22: economy and society, and it is too expensive. And so

1260
01:00:26,600 --> 01:00:28,800
Speaker 22: I'm just hoping that the government, when they make whatever

1261
01:00:28,840 --> 01:00:33,000
Speaker 22: announcements they make tomorrow, change the incentives on the gen

1262
01:00:33,080 --> 01:00:38,240
Speaker 22: taylors so that there is more incentive to generate more

1263
01:00:38,280 --> 01:00:42,560
Speaker 22: power and lower prices, because at the moment I think,

1264
01:00:42,920 --> 01:00:45,520
Speaker 22: you know, there is more generation coming through, but clearly

1265
01:00:45,520 --> 01:00:48,680
Speaker 22: not enough to get ahead of the demand, and we

1266
01:00:48,720 --> 01:00:50,840
Speaker 22: are running a risk on the resilient side of things

1267
01:00:50,880 --> 01:00:54,160
Speaker 22: of potential blackouts if we have a particularly dry year.

1268
01:00:54,640 --> 01:00:57,800
Speaker 22: So I don't know what the regulation is going to be,

1269
01:00:58,880 --> 01:01:00,880
Speaker 22: but it needs to be something that makes a difference.

1270
01:01:01,040 --> 01:01:02,560
Speaker 22: And I also think we need to build a few

1271
01:01:02,560 --> 01:01:05,920
Speaker 22: more dams around the place to build the resilience up

1272
01:01:05,960 --> 01:01:06,200
Speaker 22: a bit.

1273
01:01:06,400 --> 01:01:08,480
Speaker 2: You're probably right on that, Phil having a crack at

1274
01:01:08,480 --> 01:01:10,200
Speaker 2: the gen Taylor's. I mean, look, they have a role

1275
01:01:10,240 --> 01:01:11,920
Speaker 2: to play in it, but it does feel like addressing

1276
01:01:11,960 --> 01:01:14,200
Speaker 2: the wrong problem at the moment, which seems to be

1277
01:01:14,640 --> 01:01:16,520
Speaker 2: that we're wildly running out of gas.

1278
01:01:17,480 --> 01:01:19,840
Speaker 10: Well, I think there's a number of problems and you

1279
01:01:19,840 --> 01:01:22,240
Speaker 10: have to address all of them. One of the critical

1280
01:01:22,240 --> 01:01:24,080
Speaker 10: problems you've got to address, and this is the problem

1281
01:01:24,080 --> 01:01:27,240
Speaker 10: with privatization, is that a private company comes in, it's

1282
01:01:27,280 --> 01:01:29,240
Speaker 10: really tempting to take the money, feed it out and

1283
01:01:29,360 --> 01:01:32,720
Speaker 10: dividends to your shareholders that keeps them happy, but not

1284
01:01:32,840 --> 01:01:35,040
Speaker 10: make the investment you need to make in the future.

1285
01:01:35,360 --> 01:01:37,959
Speaker 10: Now we're seeing that in New Zealand with Kiwi Rail

1286
01:01:38,720 --> 01:01:41,960
Speaker 10: when we privatized it and they simply ran the thing down,

1287
01:01:42,000 --> 01:01:44,000
Speaker 10: took the money out, and we had to end it

1288
01:01:44,120 --> 01:01:47,080
Speaker 10: up bringing it back into public ownership. But more recently

1289
01:01:47,120 --> 01:01:50,600
Speaker 10: I also saw it in London where we were supplied

1290
01:01:50,640 --> 01:01:54,560
Speaker 10: by Thames Water. Thames Water took a fortune and dividends

1291
01:01:54,600 --> 01:01:59,040
Speaker 10: out of providing water for the City of London and

1292
01:01:59,120 --> 01:02:03,600
Speaker 10: its surrounding area and left it as an absolute ctcase.

1293
01:02:03,840 --> 01:02:06,920
Speaker 10: It's about to go bankrupt. The water quality and the

1294
01:02:07,040 --> 01:02:10,600
Speaker 10: reliability isn't great, and it's because they did just that.

1295
01:02:10,800 --> 01:02:14,320
Speaker 10: They sucked up the dividends, they didn't reinvest. Now, if

1296
01:02:14,360 --> 01:02:16,200
Speaker 10: the government owned it and did that, you could hold

1297
01:02:16,240 --> 01:02:18,480
Speaker 10: them to account. How do we hold the private sector

1298
01:02:18,480 --> 01:02:19,160
Speaker 10: to account?

1299
01:02:19,520 --> 01:02:24,360
Speaker 2: Well, I mean you can, can't you You basically you

1300
01:02:24,400 --> 01:02:27,240
Speaker 2: get rid of the management. Like there's a shareholder revolt.

1301
01:02:28,320 --> 01:02:31,280
Speaker 10: Well, the shareholders are happy because they got the money.

1302
01:02:31,520 --> 01:02:33,880
Speaker 10: It's the consumer that's unhappy. And the consumer that doesn't

1303
01:02:33,880 --> 01:02:35,080
Speaker 10: have the shareholders isn't going.

1304
01:02:35,000 --> 01:02:36,280
Speaker 2: To be But I mean, well, I take your point,

1305
01:02:36,280 --> 01:02:38,360
Speaker 2: but shareholders aren't going to be happy when they start

1306
01:02:38,360 --> 01:02:40,480
Speaker 2: getting the regulation coming at them because these guys have

1307
01:02:40,480 --> 01:02:42,760
Speaker 2: been running the show badly, right, which is a threat.

1308
01:02:42,840 --> 01:02:45,480
Speaker 10: Ye yeah, Well, shaholders will end up being unhappy, but

1309
01:02:45,520 --> 01:02:48,080
Speaker 10: in the meantime they'll take the money and run. Yeah. Look,

1310
01:02:48,200 --> 01:02:50,680
Speaker 10: I'll put myself on the line. In twenty eleven, I

1311
01:02:50,680 --> 01:02:56,360
Speaker 10: opposed the partial privatization of the companies. And why did

1312
01:02:56,360 --> 01:02:58,880
Speaker 10: I do that Because I knew the companies that they

1313
01:02:58,880 --> 01:03:01,840
Speaker 10: are natural monopoly, they were producing a high return. I

1314
01:03:01,840 --> 01:03:04,080
Speaker 10: wanted to see that high return go back into investment

1315
01:03:04,160 --> 01:03:06,400
Speaker 10: and go back to the public that actually paid in

1316
01:03:06,440 --> 01:03:08,440
Speaker 10: their tax dollars to build the dams and all the

1317
01:03:08,480 --> 01:03:11,840
Speaker 10: other things. And you know, it is a strategic asset.

1318
01:03:12,240 --> 01:03:15,240
Speaker 10: And when the power supply doesn't work, it damages the

1319
01:03:15,240 --> 01:03:18,160
Speaker 10: rest of industry. And we've seen those damages, you know,

1320
01:03:18,200 --> 01:03:21,480
Speaker 10: with the spikes and power prices and the closure of

1321
01:03:21,680 --> 01:03:25,200
Speaker 10: a whole lot of our manufacturing industries because they haven't

1322
01:03:25,200 --> 01:03:29,080
Speaker 10: planned well enough. Now, that's in part the responsibility of

1323
01:03:29,160 --> 01:03:32,080
Speaker 10: the private sector, also in part the responsibility of the government.

1324
01:03:32,280 --> 01:03:34,120
Speaker 10: We could have been doing a whole lot more, a

1325
01:03:34,160 --> 01:03:36,320
Speaker 10: whole lot sooner. And you know, you know my point.

1326
01:03:36,600 --> 01:03:40,280
Speaker 10: I'm always keen on renewable energy, both because it doesn't

1327
01:03:40,400 --> 01:03:42,760
Speaker 10: produce carbon emissions, but also because it's a hell of

1328
01:03:42,840 --> 01:03:45,120
Speaker 10: lot cheaper to generate from.

1329
01:03:45,200 --> 01:03:47,280
Speaker 2: All right, guys, listen, thank you, I do appreciate it.

1330
01:03:47,480 --> 01:03:49,680
Speaker 2: Phil Goff Connor English a huddle this evening seven away

1331
01:03:49,680 --> 01:03:50,080
Speaker 2: from six.

1332
01:03:52,320 --> 01:03:55,800
Speaker 1: It's the Heather Duper Clan Drive Full Show podcast on

1333
01:03:56,000 --> 01:03:58,480
Speaker 1: my Heart Radio powered by Newstalk ZBI.

1334
01:04:00,440 --> 01:04:02,040
Speaker 2: Hey, do you remember how by the way it's five

1335
01:04:02,120 --> 01:04:03,600
Speaker 2: or way from six? Do you remember how Donald Trump

1336
01:04:03,600 --> 01:04:05,920
Speaker 2: got upset about the escalator breaking down at the un

1337
01:04:06,400 --> 01:04:08,480
Speaker 2: Apparently it was one of his own team who did it.

1338
01:04:08,480 --> 01:04:11,480
Speaker 2: It was a videographer from the US delegation who ran

1339
01:04:11,600 --> 01:04:14,800
Speaker 2: up ahead of him and triggered the sto mechanism at

1340
01:04:14,800 --> 01:04:17,240
Speaker 2: the top of the escalator. And then also he got

1341
01:04:17,280 --> 01:04:20,840
Speaker 2: upset about the tally prompter not working. Again White House

1342
01:04:20,960 --> 01:04:23,480
Speaker 2: was operating the tallyprompter, so was his team who let

1343
01:04:23,560 --> 01:04:25,880
Speaker 2: him down. Here the what do you mean? Hamas becomes

1344
01:04:25,920 --> 01:04:28,080
Speaker 2: the bad guys again. They are the terrorists. They could

1345
01:04:28,120 --> 01:04:30,200
Speaker 2: have surrendered or never done October seven in the first place.

1346
01:04:30,200 --> 01:04:32,920
Speaker 2: What a stupid thing to say. Look, no fair point,

1347
01:04:33,000 --> 01:04:35,400
Speaker 2: fair point to pick me up on the phrasing of that.

1348
01:04:35,760 --> 01:04:37,640
Speaker 2: What I mean by that, and I do mean that.

1349
01:04:38,040 --> 01:04:42,000
Speaker 2: What I mean by that is Hamas. Hamas are murdering terrorists.

1350
01:04:42,400 --> 01:04:44,480
Speaker 2: But somehow, in the eyes of a lot of people

1351
01:04:44,520 --> 01:04:47,360
Speaker 2: in the West, including some of my friends. They are

1352
01:04:47,360 --> 01:04:50,520
Speaker 2: not the bad guys. They are sure that. You know,

1353
01:04:50,920 --> 01:04:54,240
Speaker 2: a lot of people justify what Harmas are doing. They go, oh, yeah, look,

1354
01:04:54,280 --> 01:04:56,400
Speaker 2: it's not good what Hamas are doing, but you know

1355
01:04:56,640 --> 01:04:58,640
Speaker 2: it's because they're trying to get They're trying to do

1356
01:04:58,680 --> 01:05:00,680
Speaker 2: the right thing by the bed, and people make excuses

1357
01:05:00,680 --> 01:05:04,320
Speaker 2: for them. But if what happens is that BB's agreed

1358
01:05:04,360 --> 01:05:06,640
Speaker 2: to this, Trump has agreed to this, and then Hammas

1359
01:05:06,760 --> 01:05:09,080
Speaker 2: doesn't agree to this, how are they No one's going

1360
01:05:09,160 --> 01:05:11,280
Speaker 2: to make excuse going to be able to make excuses

1361
01:05:11,280 --> 01:05:14,040
Speaker 2: for Hamas anymore, are they? Because Hamas has got the

1362
01:05:14,040 --> 01:05:17,120
Speaker 2: perfect answer here. Here you get amnesty for yourselves. You

1363
01:05:17,160 --> 01:05:19,280
Speaker 2: can naf off to Katar wherever you want to go,

1364
01:05:19,360 --> 01:05:21,440
Speaker 2: whatever they're going to lead you out, and then there's

1365
01:05:21,440 --> 01:05:23,840
Speaker 2: a Palestinian state for you people, and everybody gets what

1366
01:05:23,840 --> 01:05:26,520
Speaker 2: they want and life gets better and the aid goes in.

1367
01:05:26,520 --> 01:05:29,040
Speaker 2: And if Hamsk goes no to that, it's very hard

1368
01:05:29,040 --> 01:05:31,000
Speaker 2: for people in the West to keep on making excuses.

1369
01:05:31,240 --> 01:05:32,680
Speaker 2: That is what I mean by it. They lose the

1370
01:05:32,680 --> 01:05:35,680
Speaker 2: propaganda war. Listen, I just want to quickly run you

1371
01:05:35,680 --> 01:05:37,760
Speaker 2: through something. I had a look, I was fascinated today

1372
01:05:37,800 --> 01:05:39,320
Speaker 2: to have a look at the breakdown of our power

1373
01:05:39,360 --> 01:05:42,120
Speaker 2: bills and how little of it is actually made up

1374
01:05:42,240 --> 01:05:44,320
Speaker 2: by what the gent tailors are actually doing. This is

1375
01:05:44,320 --> 01:05:45,920
Speaker 2: why I don't think that cracking down on the gent

1376
01:05:46,000 --> 01:05:49,600
Speaker 2: tailors is completely the solution. So about thirty nine percent

1377
01:05:49,640 --> 01:05:52,880
Speaker 2: of what you pay pays for the generation of your electricity,

1378
01:05:53,280 --> 01:05:55,600
Speaker 2: and then eleven percent pays for the retail right, So

1379
01:05:55,640 --> 01:05:57,720
Speaker 2: what said, that's fifty percent. So fifty percent of what

1380
01:05:57,760 --> 01:06:01,840
Speaker 2: you're paying goes to the likes of mercay Real, Mighty River, whatever, whatever.

1381
01:06:02,280 --> 01:06:05,440
Speaker 2: Twenty five percent a quarter is the distribution, eight percent

1382
01:06:05,560 --> 01:06:09,720
Speaker 2: is the transmission, thirteen percent is the GST, a half

1383
01:06:09,760 --> 01:06:11,760
Speaker 2: a percentage point is the levees, and four point five

1384
01:06:11,760 --> 01:06:14,840
Speaker 2: percent is the meter. So only half of what you're

1385
01:06:14,880 --> 01:06:18,200
Speaker 2: paying actually goes to the people who are creating the

1386
01:06:18,240 --> 01:06:22,640
Speaker 2: electricity and sell you the electricity. So crack down on them,

1387
01:06:22,640 --> 01:06:24,840
Speaker 2: but it might not fix the problem anyway. Irene Gardner

1388
01:06:24,880 --> 01:06:26,760
Speaker 2: is with us next on Trump's tariffs on movies.

1389
01:06:34,480 --> 01:06:39,600
Speaker 1: We're Business meets Insight of the Business Hour with Heather Dupless,

1390
01:06:39,720 --> 01:06:44,000
Speaker 1: Allen and Mays for Insurance Investments and Kiwye Safer.

1391
01:06:44,200 --> 01:06:46,360
Speaker 3: You're in good airs newstalk.

1392
01:06:46,000 --> 01:06:50,080
Speaker 2: SADB even in coming up in the next hour, AGSP

1393
01:06:50,320 --> 01:06:52,760
Speaker 2: sees Paul Bloxam will be with us after half past

1394
01:06:52,840 --> 01:06:55,280
Speaker 2: chatter through the RBA decision to hold today and also

1395
01:06:55,320 --> 01:06:58,080
Speaker 2: what we should expect from the RBNZ next week. Homers

1396
01:06:58,200 --> 01:07:00,680
Speaker 2: Mackay is in for the other Mackay Jamie, and then

1397
01:07:00,680 --> 01:07:02,600
Speaker 2: Ander Brady is with us out of the UK seven

1398
01:07:02,600 --> 01:07:05,720
Speaker 2: past six. So the future of New Zealand's film sector

1399
01:07:05,800 --> 01:07:08,760
Speaker 2: is facing uncertainty all over again because Donald Trump has

1400
01:07:08,800 --> 01:07:11,160
Speaker 2: today doubled down on his promise to add a one

1401
01:07:11,200 --> 01:07:14,040
Speaker 2: hundred percent tariff on any US movies filmed overseas. Now

1402
01:07:14,080 --> 01:07:18,280
Speaker 2: this means blockbusters like Megan, a Minecraft movie, the Avatar

1403
01:07:18,320 --> 01:07:21,560
Speaker 2: movies would all be subject to a very hefty price tag.

1404
01:07:21,960 --> 01:07:24,400
Speaker 2: Irene Gardner as the president of the Screen Producers New

1405
01:07:24,480 --> 01:07:28,080
Speaker 2: Zealand and with us Hey Iren Hi there, Given that

1406
01:07:28,160 --> 01:07:30,640
Speaker 2: Donald Trump has mentioned this again, does it look to

1407
01:07:30,680 --> 01:07:33,240
Speaker 2: you like he means it?

1408
01:07:33,440 --> 01:07:37,520
Speaker 23: Really hard to say, But the trouble is because he's

1409
01:07:37,520 --> 01:07:40,920
Speaker 23: now mentioned it twice, it creates a lot of uncertainty

1410
01:07:41,240 --> 01:07:44,520
Speaker 23: and panic, and that in itself can have a negative

1411
01:07:44,600 --> 01:07:50,440
Speaker 23: impact on levels of production globally. And here I was

1412
01:07:50,520 --> 01:07:53,280
Speaker 23: surprised it came up again because when he first mentioned

1413
01:07:53,320 --> 01:07:56,720
Speaker 23: it in May, like his own screen industry, the American

1414
01:07:56,760 --> 01:07:59,040
Speaker 23: screen industry said no, no, no, no, this will not work.

1415
01:07:59,080 --> 01:08:02,200
Speaker 23: This will be to our detriment, let alone you know,

1416
01:08:02,320 --> 01:08:06,000
Speaker 23: other people in the world. So yeah, I'm a bit

1417
01:08:06,040 --> 01:08:09,959
Speaker 23: surprised that he's mentioned it again. But I just it's

1418
01:08:10,080 --> 01:08:14,560
Speaker 23: so unworkable. I just really can't see how you would

1419
01:08:14,640 --> 01:08:15,360
Speaker 23: even do this.

1420
01:08:15,600 --> 01:08:16,920
Speaker 2: What he's talking about.

1421
01:08:17,200 --> 01:08:21,800
Speaker 23: You mean logistically, well, yeah, I mean tariffs are usually

1422
01:08:21,840 --> 01:08:25,840
Speaker 23: on goods. This is kind of more about services. And

1423
01:08:25,880 --> 01:08:29,840
Speaker 23: there's sort of a total confusion about you know, it

1424
01:08:30,000 --> 01:08:32,280
Speaker 23: seems to be the problem he's trying to solve is

1425
01:08:32,920 --> 01:08:37,000
Speaker 23: American productions not shooting in America. So the way to

1426
01:08:37,040 --> 01:08:41,439
Speaker 23: fix that is their own incentives, not you know, trying

1427
01:08:41,479 --> 01:08:44,720
Speaker 23: to stop them go somewhere else. And you know, is

1428
01:08:44,720 --> 01:08:46,880
Speaker 23: that what he means, Because if that is what he means,

1429
01:08:46,920 --> 01:08:49,559
Speaker 23: that's one thing. But the way he actually said it

1430
01:08:49,680 --> 01:08:53,120
Speaker 23: was as if he meant, you know, productions from another country,

1431
01:08:53,160 --> 01:08:55,080
Speaker 23: as in, you know, something that we made here in

1432
01:08:55,080 --> 01:08:57,320
Speaker 23: New Zealand, for example, you know the film ten R.

1433
01:08:57,960 --> 01:09:00,680
Speaker 23: So does he mean that or does he mean Minecraft

1434
01:09:00,720 --> 01:09:03,559
Speaker 23: being shot here in American production being shot in New Zumer.

1435
01:09:03,560 --> 01:09:07,000
Speaker 23: I think he means that, but it's really unclear what

1436
01:09:07,240 --> 01:09:10,440
Speaker 23: he means, and you know, how it would even manifest.

1437
01:09:10,800 --> 01:09:13,200
Speaker 2: As you just mentioned before, he first made mention of

1438
01:09:13,240 --> 01:09:17,080
Speaker 2: this in May. Have we seen anything since May to

1439
01:09:17,160 --> 01:09:19,800
Speaker 2: indicate how the American industry will respond to this.

1440
01:09:21,520 --> 01:09:23,960
Speaker 23: The Americans, why, has been really negative about it and

1441
01:09:24,479 --> 01:09:27,200
Speaker 23: you know, really campaigning for it not to happen because

1442
01:09:27,520 --> 01:09:30,000
Speaker 23: it doesn't help them because they you know, they want

1443
01:09:30,000 --> 01:09:32,400
Speaker 23: to shoot wherever it is best for their production to shoot,

1444
01:09:32,479 --> 01:09:33,320
Speaker 23: or their co production.

1445
01:09:33,720 --> 01:09:35,000
Speaker 2: And you know that's the other thing.

1446
01:09:35,040 --> 01:09:37,320
Speaker 23: How do you define an American production. We're in the

1447
01:09:37,360 --> 01:09:41,439
Speaker 23: age of the global co production, so I mean, they'll

1448
01:09:41,439 --> 01:09:43,880
Speaker 23: be as shocked as we are that it's you know

1449
01:09:43,920 --> 01:09:49,000
Speaker 23: that he's mentioned it again. So yeah, I'm really not

1450
01:09:49,320 --> 01:09:52,760
Speaker 23: quite sure. And it's very difficult here because it's a

1451
01:09:52,800 --> 01:09:55,479
Speaker 23: tough time for the screen industry generally, you know, both

1452
01:09:55,479 --> 01:09:58,719
Speaker 23: globally and here in New Zealand, both our international sector

1453
01:09:58,760 --> 01:10:01,519
Speaker 23: and our local of course, you know, this just makes

1454
01:10:01,520 --> 01:10:05,240
Speaker 23: people panic and feel uncertain because you know, if you

1455
01:10:05,280 --> 01:10:09,400
Speaker 23: could take this to its worst conclusion, it would be

1456
01:10:09,439 --> 01:10:12,280
Speaker 23: you know, really devastating for US green industry here.

1457
01:10:12,760 --> 01:10:15,160
Speaker 2: Yeah, I suppose that's a fair point and would be Irene,

1458
01:10:15,160 --> 01:10:17,519
Speaker 2: thank you very much, appreciated, Irene Gardener, President of the

1459
01:10:17,520 --> 01:10:19,400
Speaker 2: Screen Producers, New Zealand. Keep an eye on that, see

1460
01:10:19,439 --> 01:10:22,760
Speaker 2: how it goes. Eleven past Sax Heather Duplessy Allen Heather

1461
01:10:22,840 --> 01:10:24,640
Speaker 2: on the horse riding. That lady was not giving you

1462
01:10:24,720 --> 01:10:27,519
Speaker 2: all the facts about the horses. There are no bridges

1463
01:10:27,560 --> 01:10:29,920
Speaker 2: on the carpety shared path for the horses because they

1464
01:10:29,920 --> 01:10:32,000
Speaker 2: are so expensive. I think that bridges for horses have

1465
01:10:32,040 --> 01:10:34,680
Speaker 2: to be about four meters wide, whereas other bridges not

1466
01:10:34,720 --> 01:10:37,679
Speaker 2: for vehicles only have to be two point five meters wide.

1467
01:10:37,720 --> 01:10:38,920
Speaker 2: Why would you want your horse to be on the

1468
01:10:38,960 --> 01:10:43,400
Speaker 2: same path as pedestrians and cyclists? Dare I say that

1469
01:10:43,439 --> 01:10:46,040
Speaker 2: horsey people generally have a bit of a reputation for

1470
01:10:46,120 --> 01:10:49,320
Speaker 2: being ever so slightly odd. Thank you, Jill. You said

1471
01:10:49,320 --> 01:10:52,800
Speaker 2: it now. Taliban have shut down the Internet in Afghanistan.

1472
01:10:53,120 --> 01:10:56,360
Speaker 2: They've cut the fiber optic cables because they're just geez,

1473
01:10:56,400 --> 01:10:58,519
Speaker 2: these guys are awesome, aren't they. So they had the

1474
01:10:58,520 --> 01:11:02,839
Speaker 2: infrastructure tullibund and want them cut cut God, Internet's gone.

1475
01:11:02,960 --> 01:11:05,479
Speaker 2: They want to prevent what they call immorality. So the

1476
01:11:05,520 --> 01:11:08,759
Speaker 2: Internet's down, the mobile phone services are down, Satellite TV

1477
01:11:08,880 --> 01:11:11,600
Speaker 2: has been severely disrupted. Not sure if they thought this

1478
01:11:11,760 --> 01:11:15,680
Speaker 2: through all the way, but they're also flights are now

1479
01:11:15,680 --> 01:11:20,439
Speaker 2: disrupted as well from Carbul Airport because everything needs the

1480
01:11:20,479 --> 01:11:23,160
Speaker 2: internet nowadays. Anyway, they reckon that they're going to sort

1481
01:11:23,160 --> 01:11:25,240
Speaker 2: it all out because they're going to get their local internet.

1482
01:11:25,439 --> 01:11:29,000
Speaker 2: They're going to do internet locally, not global internet. So

1483
01:11:29,160 --> 01:11:30,679
Speaker 2: all power to them and good luck to the people

1484
01:11:30,680 --> 01:11:32,280
Speaker 2: of Afghanistan living with these morons.

1485
01:11:32,320 --> 01:11:35,320
Speaker 3: Six twelve, it's the header duper.

1486
01:11:35,400 --> 01:11:38,799
Speaker 1: See Alan Drive Full Show podcast on my Heart Radio

1487
01:11:38,880 --> 01:11:40,599
Speaker 1: empowered by news dog Zebbi.

1488
01:11:42,120 --> 01:11:44,080
Speaker 2: By the way, just an updown on what Boeing's up to.

1489
01:11:44,160 --> 01:11:46,240
Speaker 2: It's just been reported. I think it was the Wall

1490
01:11:46,240 --> 01:11:48,439
Speaker 2: Street Journal who broke this. Actually Boeing is working on

1491
01:11:48,640 --> 01:11:51,479
Speaker 2: very early plans to build a new plan to replace

1492
01:11:51,479 --> 01:11:54,160
Speaker 2: the plane, to replace the seven three seven Max. This

1493
01:11:54,200 --> 01:11:55,439
Speaker 2: is what they've been having in the trouble. We've had

1494
01:11:55,439 --> 01:11:58,160
Speaker 2: a couple of fatal crashes. The door blew off, you know,

1495
01:11:58,360 --> 01:12:00,439
Speaker 2: of one of the variants and stuff. Had a bit

1496
01:12:00,439 --> 01:12:02,559
Speaker 2: of trouble with the thing. So they're designing a new

1497
01:12:02,640 --> 01:12:05,080
Speaker 2: narrow body plane that were already talking to Rolls Royce

1498
01:12:05,120 --> 01:12:08,080
Speaker 2: in the UK about getting an engine made and whatnot. However,

1499
01:12:08,640 --> 01:12:12,439
Speaker 2: very early stage. Still good to see they're planning something

1500
01:12:12,479 --> 01:12:14,080
Speaker 2: because they've had a bit of trouble, haven't they caught

1501
01:12:14,080 --> 01:12:14,760
Speaker 2: a past.

1502
01:12:16,439 --> 01:12:19,920
Speaker 3: The rural report on hither du for c Allen drive.

1503
01:12:19,920 --> 01:12:22,240
Speaker 2: For Jamie mckaye, we have Hamish MacKaye Hello.

1504
01:12:22,120 --> 01:12:25,719
Speaker 5: Hamish Hello, here's the bo Duke and for Lupchuk.

1505
01:12:25,800 --> 01:12:29,400
Speaker 2: Really yeah, it is a little bit no relation, a.

1506
01:12:30,320 --> 01:12:32,920
Speaker 5: No relation different spelling in Mackay's that we all got

1507
01:12:32,920 --> 01:12:34,880
Speaker 5: off the same boat, and has just claimed that they

1508
01:12:34,880 --> 01:12:37,280
Speaker 5: were smarter and kept the spelling correct where his mind

1509
01:12:37,560 --> 01:12:38,680
Speaker 5: dropped the A after the M.

1510
01:12:38,840 --> 01:12:41,080
Speaker 2: So, well, it's because you guys were smart and efficient,

1511
01:12:41,120 --> 01:12:43,000
Speaker 2: he thought, we don't need that A. Get rid of it.

1512
01:12:43,160 --> 01:12:46,639
Speaker 5: That's right, that's right exactly, It's all about efficiency, that's right.

1513
01:12:46,680 --> 01:12:48,960
Speaker 2: All those a's over a lifetime, they really add up.

1514
01:12:49,560 --> 01:12:52,160
Speaker 2: Now anyway, listen, Frontier I see is doing the road

1515
01:12:52,160 --> 01:12:55,200
Speaker 2: show to sell the big consumer brands stuff to the shareholders.

1516
01:12:55,200 --> 01:12:56,280
Speaker 2: Are they liking what they're hearing?

1517
01:12:57,400 --> 01:12:57,639
Speaker 6: Yeah?

1518
01:12:57,680 --> 01:13:00,120
Speaker 5: I don't think there's going to be the first the

1519
01:13:00,160 --> 01:13:03,640
Speaker 5: road shows as in Songirai last night, it appears that

1520
01:13:03,760 --> 01:13:07,040
Speaker 5: all were in favor. Some good questions coming from the

1521
01:13:07,120 --> 01:13:11,400
Speaker 5: floor about the length of supply of bonterra and milk.

1522
01:13:11,479 --> 01:13:14,400
Speaker 5: I guess you know the ingredients end of things, and

1523
01:13:14,439 --> 01:13:17,040
Speaker 5: you know that's a ten year contract and it can't

1524
01:13:17,080 --> 01:13:21,519
Speaker 5: be broken at about a thirty six month notification after

1525
01:13:21,640 --> 01:13:23,880
Speaker 5: seven years, so that's a fair bit of time that

1526
01:13:24,200 --> 01:13:28,120
Speaker 5: lack Carlos will take this milk without any question. And

1527
01:13:28,160 --> 01:13:29,719
Speaker 5: at the end of the day, I think these guys

1528
01:13:29,760 --> 01:13:32,840
Speaker 5: realize the consumer business, the mainland, the anchor.

1529
01:13:32,600 --> 01:13:34,479
Speaker 22: The capity, the pressure fruity, the.

1530
01:13:34,439 --> 01:13:36,680
Speaker 5: Perfected Taliano and all that was bringing about a three

1531
01:13:36,720 --> 01:13:39,920
Speaker 5: percent return on capital these days, whereas your ingredients and

1532
01:13:39,960 --> 01:13:43,439
Speaker 5: your food service you straightforward more milk and powder and

1533
01:13:43,479 --> 01:13:45,680
Speaker 5: things eleven to thirteen percent average for the last four

1534
01:13:45,760 --> 01:13:48,160
Speaker 5: or five years. So there's not too much in the

1535
01:13:48,160 --> 01:13:52,320
Speaker 5: way of descent around US. October seventh of vote happens.

1536
01:13:52,320 --> 01:13:54,760
Speaker 5: It'll be Q one next year before it's all sort

1537
01:13:54,800 --> 01:13:59,680
Speaker 5: of finalized. Ye, it looked most even the smallest of

1538
01:13:59,760 --> 01:14:02,040
Speaker 5: farm is doing one hundred thousand kilograms say of milk

1539
01:14:02,080 --> 01:14:05,000
Speaker 5: solids are going to thank to three hundred k. So

1540
01:14:05,240 --> 01:14:07,320
Speaker 5: I think it's probably a bit of a no brainer

1541
01:14:07,320 --> 01:14:10,720
Speaker 5: and will be well received, certainly not pitching it well.

1542
01:14:10,800 --> 01:14:11,400
Speaker 22: Put it that way.

1543
01:14:11,560 --> 01:14:14,200
Speaker 2: Yeah, well it's quite enticing that level of money. Look,

1544
01:14:14,240 --> 01:14:15,800
Speaker 2: on the subject of money, is the price of the

1545
01:14:15,800 --> 01:14:17,880
Speaker 2: sheep in the beef land unsustainable?

1546
01:14:18,760 --> 01:14:21,200
Speaker 5: Oh? Look, I think so. There's been a wonderful article

1547
01:14:21,240 --> 01:14:25,439
Speaker 5: written by the renowned Lincoln University professor Keith Woodward, and

1548
01:14:25,479 --> 01:14:28,080
Speaker 5: he said in his excellent article on this topic, Houston,

1549
01:14:28,240 --> 01:14:30,160
Speaker 5: we have a problem. It's a pretty big problem to

1550
01:14:30,720 --> 01:14:33,040
Speaker 5: look it. It reflects the housing market a bit when

1551
01:14:33,160 --> 01:14:36,599
Speaker 5: interest rates drop and everybody goes boogar and goes crazy

1552
01:14:36,640 --> 01:14:39,000
Speaker 5: and stupid. You know, some of these land prices now,

1553
01:14:39,520 --> 01:14:43,280
Speaker 5: despite these great farm gate returns, there's very good returns,

1554
01:14:43,320 --> 01:14:46,559
Speaker 5: you know, two hundred and ninety two dollars for lambs,

1555
01:14:46,560 --> 01:14:49,040
Speaker 5: hoggets and things, you know, things that not that long

1556
01:14:49,080 --> 01:14:52,120
Speaker 5: ago were seventy and ninety dollars. But at best, the

1557
01:14:52,160 --> 01:14:54,839
Speaker 5: return on capital is still only one to two percent.

1558
01:14:55,280 --> 01:14:57,160
Speaker 5: So who can afford to buy that? You're one of

1559
01:14:57,200 --> 01:14:59,200
Speaker 5: four siblings wanting to buy it. The other three you

1560
01:14:59,240 --> 01:15:01,000
Speaker 5: haven't got to open the Beank's not want to give

1561
01:15:01,040 --> 01:15:04,639
Speaker 5: you the money to do that. It's just unsustainable really,

1562
01:15:04,640 --> 01:15:06,120
Speaker 5: But we're going to have a bit of a crisis

1563
01:15:06,160 --> 01:15:09,200
Speaker 5: here because the average age of sheep and beef farmers,

1564
01:15:09,200 --> 01:15:10,519
Speaker 5: and I don't doubt this for a minute, it was

1565
01:15:10,520 --> 01:15:13,000
Speaker 5: about fifty eight to sixty, so a lot of them

1566
01:15:13,000 --> 01:15:14,479
Speaker 5: are going to be wanting to get the cash and

1567
01:15:14,520 --> 01:15:16,640
Speaker 5: out of it. So it raises the question, you know,

1568
01:15:16,720 --> 01:15:20,320
Speaker 5: what are you know, surely there's some excellent models out

1569
01:15:20,360 --> 01:15:22,719
Speaker 5: there where by you leave equity and yet young people

1570
01:15:22,760 --> 01:15:24,080
Speaker 5: come in and take the land.

1571
01:15:23,920 --> 01:15:24,639
Speaker 10: To the next level.

1572
01:15:24,760 --> 01:15:26,040
Speaker 24: And there's all sorts of it.

1573
01:15:26,040 --> 01:15:28,720
Speaker 5: But it has got a bit, you know, it has

1574
01:15:28,760 --> 01:15:31,240
Speaker 5: got a bit top heavy in terms of those you know,

1575
01:15:31,280 --> 01:15:33,920
Speaker 5: twelve thy fifteen thousand of the heck there. I mean,

1576
01:15:34,120 --> 01:15:35,679
Speaker 5: that's yeah, running away with it.

1577
01:15:35,680 --> 01:15:37,080
Speaker 2: Sounds like any listen, a you're going to go to

1578
01:15:37,160 --> 01:15:38,200
Speaker 2: that sharing competition?

1579
01:15:39,120 --> 01:15:41,400
Speaker 5: Oh, I'll be the one. I'll be lining up is

1580
01:15:41,439 --> 01:15:44,639
Speaker 5: the World Champs at the Golden Shears in March. I'm

1581
01:15:44,640 --> 01:15:47,040
Speaker 5: going to be there. Nobody's going to stop me from

1582
01:15:47,080 --> 01:15:50,160
Speaker 5: being there. Hundred starts this week, so that's Golden Shoes

1583
01:15:50,200 --> 01:15:53,200
Speaker 5: Mastered and the first weekend of March World Champs. So

1584
01:15:53,320 --> 01:15:55,360
Speaker 5: that's going to be fantastic. But it all kicks off

1585
01:15:55,400 --> 01:15:58,559
Speaker 5: really this weekend because there's only two places in the

1586
01:15:58,560 --> 01:16:01,479
Speaker 5: New Zealand team available compete at the World Chance. So

1587
01:16:01,920 --> 01:16:04,280
Speaker 5: they have a series of about five events through to

1588
01:16:04,320 --> 01:16:08,200
Speaker 5: then and the one guy you can guarantee will be

1589
01:16:08,200 --> 01:16:11,679
Speaker 5: the rating Golden Cheers chair Victor Henderson, but the rest

1590
01:16:11,680 --> 01:16:13,720
Speaker 5: of them, the likes of Jack Fagan and co. They

1591
01:16:13,720 --> 01:16:16,080
Speaker 5: will be competing for the other spot. So starting Alexander.

1592
01:16:16,520 --> 01:16:18,559
Speaker 5: It's just got a nice ring about it, you know,

1593
01:16:18,600 --> 01:16:20,960
Speaker 5: the Marino she is down and alex I like the

1594
01:16:21,000 --> 01:16:23,000
Speaker 5: sound of that. There'll be you know, hundreds of people.

1595
01:16:23,080 --> 01:16:24,719
Speaker 22: It's a great If people have never.

1596
01:16:24,520 --> 01:16:27,040
Speaker 5: Been to a sharing event, they should go. You get

1597
01:16:27,080 --> 01:16:29,320
Speaker 5: you get quite captivated, quite captured by it.

1598
01:16:29,640 --> 01:16:31,400
Speaker 2: There's a lot of good arms on display.

1599
01:16:32,360 --> 01:16:34,760
Speaker 5: Yeah, oh yes, yes, there are some there.

1600
01:16:34,840 --> 01:16:37,559
Speaker 22: Yeah yeah, look yeah, I look.

1601
01:16:37,560 --> 01:16:39,840
Speaker 5: I wouldn't dispute that one is like I might have

1602
01:16:39,880 --> 01:16:40,800
Speaker 5: had thirty years ago.

1603
01:16:40,920 --> 01:16:43,160
Speaker 2: Oh yeah, yeah, it will. You know, life goals hamers,

1604
01:16:43,200 --> 01:16:43,960
Speaker 2: you can always get back.

1605
01:16:44,920 --> 01:16:47,360
Speaker 5: I could get them back. You know. I've been scammed

1606
01:16:47,360 --> 01:16:49,400
Speaker 5: as one of those things. I'm selling some weight loss

1607
01:16:49,439 --> 01:16:53,080
Speaker 5: pills apparently on Facebook and the body they put me

1608
01:16:53,120 --> 01:16:55,280
Speaker 5: on the arms is quite good. I take those arms.

1609
01:16:55,280 --> 01:16:56,320
Speaker 5: They're sharer's arms.

1610
01:16:56,439 --> 01:16:56,639
Speaker 9: Yeah.

1611
01:16:57,439 --> 01:16:59,360
Speaker 2: Now we're all going to go google it, don't we. Hamish,

1612
01:16:59,360 --> 01:17:01,960
Speaker 2: thanks very much, Hamish MacKaye. Remember if you want to

1613
01:17:01,960 --> 01:17:06,040
Speaker 2: google Hamrish mackay weight loss pills arms, it's without an A.

1614
01:17:06,640 --> 01:17:10,640
Speaker 2: Speaking of a's. Actually, I've got to tell you about this.

1615
01:17:10,640 --> 01:17:12,439
Speaker 2: This is a bit weird and it is a bit random,

1616
01:17:12,439 --> 01:17:14,599
Speaker 2: and I apologize in advance for it, but this really

1617
01:17:14,640 --> 01:17:17,040
Speaker 2: captivated me today. And he started the subject, you know

1618
01:17:17,120 --> 01:17:19,759
Speaker 2: the A with the squiggle around it, with the AT sign,

1619
01:17:19,880 --> 01:17:21,760
Speaker 2: you know the AT sign? Did you know that the

1620
01:17:21,800 --> 01:17:24,200
Speaker 2: AT sign is three thousand years old? We have been

1621
01:17:24,320 --> 01:17:27,679
Speaker 2: using the AT sign for three thousand years, which surprised

1622
01:17:27,680 --> 01:17:29,920
Speaker 2: me because it just seems seems to me to have

1623
01:17:29,960 --> 01:17:33,360
Speaker 2: always just been like, I've just associated it with the Internet, right,

1624
01:17:34,000 --> 01:17:36,080
Speaker 2: did you ever use it? Like, come on, did you

1625
01:17:36,160 --> 01:17:39,080
Speaker 2: ever use the AT sign before you were? Like Heather

1626
01:17:39,160 --> 01:17:41,120
Speaker 2: at Newstalk zb dot cod and said, you know what

1627
01:17:41,120 --> 01:17:43,640
Speaker 2: I mean, before we had email addresses. I never used it,

1628
01:17:43,680 --> 01:17:45,680
Speaker 2: did you? If you're an accountant, you did? But no

1629
01:17:45,720 --> 01:17:47,760
Speaker 2: one else did. No one else did. So we all

1630
01:17:47,760 --> 01:17:50,120
Speaker 2: think it's an Internet thing. It's not. It actually started

1631
01:17:50,160 --> 01:17:52,840
Speaker 2: all the way back with the ancient Greeks. I know

1632
01:17:52,920 --> 01:17:55,720
Speaker 2: you're like, oh, I regret this story. No, listen, it

1633
01:17:55,800 --> 01:17:57,719
Speaker 2: started all the way back with the ancient Greeks because

1634
01:17:57,880 --> 01:18:00,479
Speaker 2: they have a pot they call the amphora the m foura.

1635
01:18:00,560 --> 01:18:03,000
Speaker 2: You've seen them. They're the tall pots, and they've got

1636
01:18:03,040 --> 01:18:05,960
Speaker 2: the two but like a sexy lady. And then they've

1637
01:18:06,000 --> 01:18:08,040
Speaker 2: got the two arms, the long arms down the side,

1638
01:18:08,200 --> 01:18:11,800
Speaker 2: long neck, long handles. Anyway, Greeks used to use them

1639
01:18:11,960 --> 01:18:13,759
Speaker 2: to store the wine and the grains and the olive

1640
01:18:13,760 --> 01:18:15,880
Speaker 2: oils and stuff like that. And so then the m

1641
01:18:15,920 --> 01:18:17,760
Speaker 2: fourah became a unit of mesure, like it was a

1642
01:18:17,800 --> 01:18:20,599
Speaker 2: standard unit of measure, and so they'd go, I'll sell

1643
01:18:20,640 --> 01:18:23,120
Speaker 2: you three am foura of olive oil or three am

1644
01:18:23,160 --> 01:18:26,160
Speaker 2: foura of I don't know, whea to whatever. And instead

1645
01:18:26,160 --> 01:18:28,839
Speaker 2: of writing out am forora, because they were like the Machai's,

1646
01:18:28,920 --> 01:18:31,160
Speaker 2: they were efficient, they wanted to drop things down, they

1647
01:18:31,200 --> 01:18:33,840
Speaker 2: just went a squiggle around it. And that's how that's

1648
01:18:33,840 --> 01:18:35,760
Speaker 2: where it comes from. It's actually the M four at

1649
01:18:35,840 --> 01:18:38,720
Speaker 2: least that's the earliest. That's our earliest understanding of where

1650
01:18:38,760 --> 01:18:40,880
Speaker 2: it comes from. But then of course we stopped selling

1651
01:18:40,960 --> 01:18:43,200
Speaker 2: things in Amphora. So how did it stick around? Well,

1652
01:18:43,439 --> 01:18:46,400
Speaker 2: the accountants took it after that, and the accountants started

1653
01:18:46,479 --> 01:18:48,439
Speaker 2: using it as the kind of you know, denote how

1654
01:18:48,479 --> 01:18:51,519
Speaker 2: much things are selling for, like gold three at sign whatever.

1655
01:18:51,720 --> 01:18:53,599
Speaker 2: I don't really know. They were doing that. They were

1656
01:18:53,680 --> 01:18:55,680
Speaker 2: using that like mental. So then as a result of that,

1657
01:18:55,720 --> 01:18:58,479
Speaker 2: it was on the typewriters because the accountants, because we

1658
01:18:58,479 --> 01:19:00,400
Speaker 2: were using the typewriters, were book keeping it and stuff

1659
01:19:00,400 --> 01:19:02,360
Speaker 2: like that, weren't we and so they were. That was

1660
01:19:02,640 --> 01:19:05,680
Speaker 2: it became standard on the typewriter. So the accountants could

1661
01:19:05,760 --> 01:19:08,720
Speaker 2: use a little at sign. And then there was this

1662
01:19:08,840 --> 01:19:11,559
Speaker 2: chap called Ray Tomlinson who was a computer scientist and

1663
01:19:11,600 --> 01:19:13,680
Speaker 2: he was working on early internet stuff for the I

1664
01:19:13,720 --> 01:19:16,040
Speaker 2: think the American military or something like that, and he

1665
01:19:16,080 --> 01:19:19,200
Speaker 2: wanted to write code for being able to send messages

1666
01:19:19,240 --> 01:19:21,040
Speaker 2: to each other. And so he just sat there, literally

1667
01:19:21,080 --> 01:19:23,360
Speaker 2: sat there looking at the typewriter, going which out those numbers,

1668
01:19:23,400 --> 01:19:25,960
Speaker 2: shod iOS, Oh look there's the at sign and he

1669
01:19:26,000 --> 01:19:28,439
Speaker 2: picked it. He picked it, So he was the guy

1670
01:19:28,439 --> 01:19:29,880
Speaker 2: who picked that it would go in the middle of

1671
01:19:29,880 --> 01:19:33,320
Speaker 2: the address, so Heather at newstalk set. He just randomly

1672
01:19:33,360 --> 01:19:35,360
Speaker 2: but could have been the exclamation, but he picked the

1673
01:19:35,360 --> 01:19:36,880
Speaker 2: AT sign, and that's how the AT sign came to

1674
01:19:36,880 --> 01:19:38,880
Speaker 2: be the AT sign. By the way, and the first

1675
01:19:38,880 --> 01:19:41,320
Speaker 2: email was sent in nineteen seventy one as a result

1676
01:19:41,360 --> 01:19:44,080
Speaker 2: of that. By the way, we call it the AT

1677
01:19:44,360 --> 01:19:46,200
Speaker 2: but in other places they call it different names. So

1678
01:19:46,240 --> 01:19:48,599
Speaker 2: in Taiwan they call it a little mouse. I don't

1679
01:19:48,640 --> 01:19:51,519
Speaker 2: really know why. In Russian it's called a dog because

1680
01:19:51,560 --> 01:19:54,920
Speaker 2: it looks like a pet sleeping. In the Hebrew it's

1681
01:19:54,920 --> 01:19:58,519
Speaker 2: called a strudel, and in Dutch it's called a monkey's tale.

1682
01:19:58,760 --> 01:20:01,400
Speaker 2: There you go more about THEA than you ever wanted

1683
01:20:01,400 --> 01:20:03,559
Speaker 2: to know. But you're not unhappy for it, are you?

1684
01:20:03,800 --> 01:20:08,440
Speaker 2: Six twenty three, whether it's macro, micro or just plain economics.

1685
01:20:08,479 --> 01:20:11,719
Speaker 1: It's all on the Business Hour with Heather Duplicy, Allen

1686
01:20:11,840 --> 01:20:15,599
Speaker 1: and maz for insurance investments and Julie Safer.

1687
01:20:15,840 --> 01:20:16,759
Speaker 3: You're in good hands.

1688
01:20:17,080 --> 01:20:20,280
Speaker 2: News Talks far out here. That that was like watching

1689
01:20:20,280 --> 01:20:24,240
Speaker 2: two planes fly over Eden Park. That is not fair.

1690
01:20:24,479 --> 01:20:27,280
Speaker 2: Hither that sign is called the amer sand and percent. No,

1691
01:20:27,479 --> 01:20:30,920
Speaker 2: Jared wrong that the sign you're talking about is the

1692
01:20:30,960 --> 01:20:33,840
Speaker 2: AND sign that's called the A percent. This is just

1693
01:20:33,880 --> 01:20:36,519
Speaker 2: called the AT sign because we're just efficient We're like,

1694
01:20:36,560 --> 01:20:37,800
Speaker 2: we're not going to dick around to this. What is

1695
01:20:37,840 --> 01:20:42,080
Speaker 2: it called in German klama ahpha clamba ahfa, which means

1696
01:20:42,120 --> 01:20:44,000
Speaker 2: monkey holding onto something. The gym is a weird day,

1697
01:20:44,240 --> 01:20:45,040
Speaker 2: six twenty six.

1698
01:20:45,960 --> 01:20:52,200
Speaker 1: There's no business like show business school.

1699
01:20:52,280 --> 01:20:56,360
Speaker 2: Yeah, sorry, I'm making you listen to Kat Stevens because

1700
01:20:56,600 --> 01:21:00,720
Speaker 2: he's been slammed by the immigration crackdown. May be the

1701
01:21:00,720 --> 01:21:03,400
Speaker 2: fact that he calls himself useful for Islam. I'm gonna explain.

1702
01:21:04,080 --> 01:21:06,519
Speaker 2: He had to cancel his US and Canada shows because

1703
01:21:06,520 --> 01:21:08,800
Speaker 2: his tool was supposed to start in just three days

1704
01:21:08,800 --> 01:21:10,519
Speaker 2: ahead of his new memoir Cat on the Road to

1705
01:21:10,560 --> 01:21:12,680
Speaker 2: find out that's the name of it anyway, So he

1706
01:21:12,680 --> 01:21:14,720
Speaker 2: took to social media saying he's very upset for the

1707
01:21:14,720 --> 01:21:17,120
Speaker 2: fans who were excited to see him. But he reminded

1708
01:21:17,160 --> 01:21:19,400
Speaker 2: fans that books don't need visa so they can still

1709
01:21:19,400 --> 01:21:22,720
Speaker 2: read his memoir. The reason, apparently he could be having

1710
01:21:22,720 --> 01:21:25,519
Speaker 2: such trouble is due to a very public conversion to

1711
01:21:25,600 --> 01:21:28,120
Speaker 2: Islam in nineteen seventy seven, so that is cracking down

1712
01:21:28,160 --> 01:21:31,559
Speaker 2: on him for that. Anyway. He has been an extensive promoter,

1713
01:21:31,720 --> 01:21:33,960
Speaker 2: obviously of Islam throughout his career and here he is

1714
01:21:34,000 --> 01:21:35,639
Speaker 2: talking about the moment that made him convert.

1715
01:21:35,760 --> 01:21:39,599
Speaker 25: And I was swimming in Malibu. I just realized I

1716
01:21:39,680 --> 01:21:42,400
Speaker 25: had no power to hold myself up. I said, God,

1717
01:21:42,840 --> 01:21:44,800
Speaker 25: if you saved me, I'll work for you. And at

1718
01:21:44,800 --> 01:21:48,400
Speaker 25: that moment, a little way just came pushed me forward

1719
01:21:49,080 --> 01:21:50,800
Speaker 25: and I was back on land.

1720
01:21:51,920 --> 01:21:56,479
Speaker 2: Wow, oh jeez. Don't you just how much did he

1721
01:21:56,560 --> 01:21:59,240
Speaker 2: irritate you? Just say not as yan as yan as nice.

1722
01:21:59,280 --> 01:22:03,760
Speaker 2: I liked as Jane. They think it's funny in this

1723
01:22:03,880 --> 01:22:06,519
Speaker 2: team that I hate Cat Stevens with the passion that

1724
01:22:06,560 --> 01:22:08,679
Speaker 2: I do, But I really do because I loved Cat

1725
01:22:08,680 --> 01:22:10,840
Speaker 2: Stevens once. In fact, I got married to a Cat

1726
01:22:10,880 --> 01:22:14,560
Speaker 2: Stephens song done by a trio on strings. It was beautiful.

1727
01:22:14,760 --> 01:22:17,320
Speaker 2: And then I went to see him in Taranaki and

1728
01:22:17,360 --> 01:22:21,080
Speaker 2: he sucked. He really did. He really sucked because he

1729
01:22:21,280 --> 01:22:25,400
Speaker 2: like how he talks just then that's how he is anyway.

1730
01:22:25,479 --> 01:22:28,040
Speaker 2: So they're not gonna give us anymore Cat Stephen's stories.

1731
01:22:28,120 --> 01:22:28,479
Speaker 3: Enjoy this.

1732
01:22:35,920 --> 01:22:39,920
Speaker 1: Everything from SMS to the big corporates, The Business Hour

1733
01:22:40,160 --> 01:22:45,000
Speaker 1: with Heather duplicl and Mass for insurance Investments and Hui

1734
01:22:45,120 --> 01:22:47,840
Speaker 1: Safer You're in good hands News talks'd be.

1735
01:22:56,680 --> 01:22:56,920
Speaker 10: Dena.

1736
01:22:56,960 --> 01:22:58,400
Speaker 2: Brady is going to be with us out of the

1737
01:22:58,479 --> 01:23:00,880
Speaker 2: UK and about ten minutes so I'm quite keen to

1738
01:23:00,880 --> 01:23:03,320
Speaker 2: talk to him about the involvement of Tony Blair in

1739
01:23:03,400 --> 01:23:04,880
Speaker 2: the Gaza plan. And by the way, I'm just going

1740
01:23:04,920 --> 01:23:06,559
Speaker 2: to bring you a little bit of analysis on that

1741
01:23:06,600 --> 01:23:09,439
Speaker 2: and just to take just need to warn you October

1742
01:23:09,439 --> 01:23:11,840
Speaker 2: twenty three put this in your diary. Looks like it

1743
01:23:11,880 --> 01:23:14,679
Speaker 2: may be a massive day of strikes in the country.

1744
01:23:14,720 --> 01:23:17,080
Speaker 2: Apparently a whole bunch of unions are thinking about striking

1745
01:23:17,120 --> 01:23:20,000
Speaker 2: all on the same day. We've got two teachers unions

1746
01:23:20,640 --> 01:23:23,920
Speaker 2: and the nurses union who are all interested in doing this.

1747
01:23:24,080 --> 01:23:27,680
Speaker 2: The PSA of Public Services Association is also interested in

1748
01:23:27,720 --> 01:23:30,879
Speaker 2: doing it. That they represent about fifteen thousand workers apparently

1749
01:23:31,000 --> 01:23:34,800
Speaker 2: allied health staff, social workers, occupational therapists, nurses, mental health

1750
01:23:34,800 --> 01:23:37,120
Speaker 2: workers and so on. And then there are also other

1751
01:23:37,280 --> 01:23:40,960
Speaker 2: unions who are considering joining it. So October twenty three

1752
01:23:41,000 --> 01:23:42,840
Speaker 2: may be a great day to just stay at home

1753
01:23:42,840 --> 01:23:44,840
Speaker 2: and do nothing as well. So that's what they're doing.

1754
01:23:44,920 --> 01:23:47,960
Speaker 2: Twenty four away from seven now, the Australian Reserve Bank

1755
01:23:48,040 --> 01:23:50,719
Speaker 2: has held the official cash rate at three point six percent.

1756
01:23:50,760 --> 01:23:53,360
Speaker 2: As we told you, earlier. The move was expected after

1757
01:23:53,400 --> 01:23:55,559
Speaker 2: the bank dropped the rate by twenty five basis points

1758
01:23:55,840 --> 01:23:58,840
Speaker 2: in August. Paul Bloxham is HSPECIES Chief Economist, and with

1759
01:23:58,920 --> 01:24:02,120
Speaker 2: Ushi Paul, I see it's taken to some people by

1760
01:24:02,120 --> 01:24:03,439
Speaker 2: surprise who were expecting a cut.

1761
01:24:05,280 --> 01:24:08,519
Speaker 24: No, I think this is pretty fairly expected that the

1762
01:24:08,640 --> 01:24:10,800
Speaker 24: RBA was going to be on hold today. You know,

1763
01:24:10,880 --> 01:24:12,559
Speaker 24: the market was fully comfortable around that.

1764
01:24:12,560 --> 01:24:12,680
Speaker 9: That.

1765
01:24:12,720 --> 01:24:15,880
Speaker 24: The real discussion today is not really about what was

1766
01:24:15,880 --> 01:24:18,879
Speaker 24: going to happen today, but rather what sort of guidance

1767
01:24:18,920 --> 01:24:21,360
Speaker 24: the RBA is giving about what they might do next

1768
01:24:21,479 --> 01:24:24,200
Speaker 24: and whether there are further interest rate cuts yet to come.

1769
01:24:24,439 --> 01:24:27,000
Speaker 24: And I think on that front, the RBA was a

1770
01:24:27,000 --> 01:24:30,519
Speaker 24: little bit more hawkish, or you know, indicating that the

1771
01:24:30,640 --> 01:24:33,679
Speaker 24: RBA is just a little bit more concerned that inflation

1772
01:24:33,840 --> 01:24:36,000
Speaker 24: might not continue to fall towards the midpoint of its

1773
01:24:36,040 --> 01:24:39,599
Speaker 24: target fan than they were perhaps previously. So so that

1774
01:24:39,600 --> 01:24:41,599
Speaker 24: that's the main thing that I think the market's taken

1775
01:24:41,600 --> 01:24:43,920
Speaker 24: from today, that you know, they're on hold today, and

1776
01:24:44,000 --> 01:24:46,080
Speaker 24: whether there's more cuts to come is sort of where

1777
01:24:46,120 --> 01:24:50,400
Speaker 24: the debate is or how many of those are rate

1778
01:24:50,400 --> 01:24:52,120
Speaker 24: cuts are yet to come? Will they cut in November?

1779
01:24:52,160 --> 01:24:53,120
Speaker 24: I guess it's the big question.

1780
01:24:53,240 --> 01:24:55,240
Speaker 2: Okay, what are they seeing in inflation?

1781
01:24:56,360 --> 01:24:59,280
Speaker 24: Well, we got this reading last week of this sort

1782
01:24:59,280 --> 01:25:03,720
Speaker 24: of in indicator, this partial indicator, the monthly CPI indicator,

1783
01:25:03,960 --> 01:25:05,720
Speaker 24: that was a little bit higher than the market had

1784
01:25:05,760 --> 01:25:09,120
Speaker 24: expected for August, and that's been where a lot of

1785
01:25:09,120 --> 01:25:11,799
Speaker 24: the focus of the discussion has been. Is that giving

1786
01:25:11,840 --> 01:25:15,040
Speaker 24: you a clear signal that actually inflation might now be

1787
01:25:15,080 --> 01:25:17,519
Speaker 24: starting to look a bit more persistent, or is that

1788
01:25:17,560 --> 01:25:20,480
Speaker 24: indicator which is actually really quite noisy and quite volatile,

1789
01:25:21,680 --> 01:25:24,680
Speaker 24: you know, just a partial indicator. And so you know,

1790
01:25:24,880 --> 01:25:27,280
Speaker 24: the thing for the RBA is that the last reading

1791
01:25:27,320 --> 01:25:29,599
Speaker 24: of the main measure they watch around at two point

1792
01:25:29,640 --> 01:25:32,160
Speaker 24: seven percent, which is very much in there two to

1793
01:25:32,240 --> 01:25:35,880
Speaker 24: three percent target band, of course, but they need it

1794
01:25:35,920 --> 01:25:38,600
Speaker 24: to really keep heading towards the midpoint, towards two and

1795
01:25:38,600 --> 01:25:40,960
Speaker 24: a half. And if it doesn't keep heading towards, then

1796
01:25:40,960 --> 01:25:43,160
Speaker 24: maybe they won't be able to deliver much more easing.

1797
01:25:43,200 --> 01:25:45,360
Speaker 24: And if it does, you know, head towards it, then

1798
01:25:45,760 --> 01:25:47,240
Speaker 24: then we might get a couple more we might get

1799
01:25:47,240 --> 01:25:48,960
Speaker 24: a little bit more easy from the RBA. But we're

1800
01:25:49,000 --> 01:25:51,000
Speaker 24: getting close to the end. It does seem like the

1801
01:25:51,080 --> 01:25:53,479
Speaker 24: RBA has done enough to get the economy to be

1802
01:25:53,640 --> 01:25:57,360
Speaker 24: in an upswing. Growth has picked up pace, you know,

1803
01:25:57,760 --> 01:26:00,320
Speaker 24: the consumers starting to spend a bit more. You is

1804
01:26:00,360 --> 01:26:01,599
Speaker 24: in a modest growth up swing.

1805
01:26:01,840 --> 01:26:03,600
Speaker 2: Yeah, Paul. What are you expecting from the rbn Z

1806
01:26:03,760 --> 01:26:04,160
Speaker 2: next week?

1807
01:26:05,320 --> 01:26:07,840
Speaker 24: Well, that is going to be very interesting. I mean,

1808
01:26:07,880 --> 01:26:09,360
Speaker 24: I think they're going to cut, and I think that's

1809
01:26:09,400 --> 01:26:14,200
Speaker 24: fairly uncontroversial that the question is going to be how

1810
01:26:14,280 --> 01:26:18,400
Speaker 24: much do they take from that really weak judyp print

1811
01:26:18,439 --> 01:26:22,080
Speaker 24: we got for the the last second quarter one and

1812
01:26:22,160 --> 01:26:25,840
Speaker 24: do they feel the need to move even more? And so,

1813
01:26:26,479 --> 01:26:28,280
Speaker 24: you know, we think that that was quite a hefty

1814
01:26:28,280 --> 01:26:31,680
Speaker 24: surprise to the downside, and you know, the rbns that

1815
01:26:31,760 --> 01:26:34,519
Speaker 24: had already been talking about the idea of maybe cutting

1816
01:26:34,560 --> 01:26:37,280
Speaker 24: a couple more times before the end of the year.

1817
01:26:37,640 --> 01:26:40,400
Speaker 24: So our leaning is that it's most likely, we think

1818
01:26:40,400 --> 01:26:43,479
Speaker 24: the rbens that will probably deliver fifty basis points next week,

1819
01:26:43,520 --> 01:26:47,000
Speaker 24: that they'll cut more because that that that print was

1820
01:26:47,120 --> 01:26:49,360
Speaker 24: very weak. It surprised them to the downside. They'd already

1821
01:26:49,360 --> 01:26:51,439
Speaker 24: be indicating that they were going to be cuts coming anyway.

1822
01:26:51,760 --> 01:26:54,200
Speaker 24: So we think that's likely. Think we're going to get

1823
01:26:54,200 --> 01:26:57,280
Speaker 24: the RBNZ cutting delivering a bigger cut next week.

1824
01:26:57,320 --> 01:26:58,920
Speaker 2: Look, I stand to be corrected, but I think I

1825
01:26:58,960 --> 01:27:01,719
Speaker 2: saw BE and Z saying today that they are expecting

1826
01:27:01,720 --> 01:27:04,919
Speaker 2: to hit two point two twenty five in the OCR

1827
01:27:05,000 --> 01:27:07,400
Speaker 2: by Christmas time. Do you think they're on the money there?

1828
01:27:08,080 --> 01:27:10,200
Speaker 24: That's our viue too, So we think they go fifty

1829
01:27:10,240 --> 01:27:12,599
Speaker 24: basis points next week, and then they go another twenty

1830
01:27:12,600 --> 01:27:15,320
Speaker 24: five basis points in November and the cash rate would

1831
01:27:15,320 --> 01:27:17,960
Speaker 24: be yes down at two twenty five by the end

1832
01:27:17,960 --> 01:27:21,040
Speaker 24: of the year. Keeping in mind, you know, they've had

1833
01:27:21,040 --> 01:27:24,040
Speaker 24: this big downside surprise to GDP, so growth is weak

1834
01:27:24,080 --> 01:27:25,800
Speaker 24: and it's clear the economy is not quite on the

1835
01:27:25,840 --> 01:27:29,080
Speaker 24: right pathway. And I think the other thing in terms

1836
01:27:29,080 --> 01:27:31,280
Speaker 24: of that November mean that the second one. There's a

1837
01:27:31,280 --> 01:27:33,719
Speaker 24: big gap between the November meeting and a February meeting,

1838
01:27:33,760 --> 01:27:35,439
Speaker 24: So if they still feel like they need to do

1839
01:27:35,479 --> 01:27:37,800
Speaker 24: a bit more even after cutting next week, that's how

1840
01:27:37,840 --> 01:27:39,479
Speaker 24: we get there. So yeah, we do think there's going

1841
01:27:39,520 --> 01:27:41,559
Speaker 24: to be quite a bit more easy coming through from

1842
01:27:41,600 --> 01:27:42,960
Speaker 24: the ABY and Z pretty soon.

1843
01:27:43,160 --> 01:27:47,160
Speaker 2: Yeah, listen on that gap. It seems to be firming up.

1844
01:27:47,200 --> 01:27:49,439
Speaker 2: As a bit of a discussion of topic discussion here

1845
01:27:49,520 --> 01:27:51,960
Speaker 2: a topic of discussion as to whether there should be

1846
01:27:52,040 --> 01:27:54,519
Speaker 2: that bigger gap between the end of the year and

1847
01:27:54,520 --> 01:27:55,599
Speaker 2: the start of the year for them.

1848
01:27:55,600 --> 01:27:58,559
Speaker 24: What do you think, Oh, I think it is quite

1849
01:27:58,560 --> 01:28:01,120
Speaker 24: a large gap between the US meeting for the year

1850
01:28:01,240 --> 01:28:04,720
Speaker 24: and the one that comes along long in February, and

1851
01:28:04,760 --> 01:28:06,880
Speaker 24: so you know there's a question there about whether the

1852
01:28:07,200 --> 01:28:09,600
Speaker 24: timing is right, whether something should happen a bit more so,

1853
01:28:09,760 --> 01:28:12,559
Speaker 24: a bit a bit sooner in between. That'll be, of

1854
01:28:12,600 --> 01:28:15,320
Speaker 24: course for the RBNZ to work out, especially with the

1855
01:28:15,360 --> 01:28:17,200
Speaker 24: new governor governor arriving in December.

1856
01:28:17,400 --> 01:28:18,639
Speaker 2: Yeah, you like the cut of her jib.

1857
01:28:20,240 --> 01:28:23,560
Speaker 24: I think that, you know, it's a very highly qualified

1858
01:28:24,960 --> 01:28:27,559
Speaker 24: person to come and to come and run and run

1859
01:28:27,600 --> 01:28:28,160
Speaker 24: the Central Bank.

1860
01:28:28,160 --> 01:28:30,880
Speaker 2: Absolutely, yeah, Paul, thank you very much, as always appreciated,

1861
01:28:30,880 --> 01:28:33,160
Speaker 2: Paul Bloxham, hspecies Chief Economist.

1862
01:28:35,560 --> 01:28:37,680
Speaker 3: Together do for ce Ellen just quickly on.

1863
01:28:37,680 --> 01:28:40,519
Speaker 2: The COMMISCE Commission. Commerce Comission has provisionally approved that deal

1864
01:28:40,520 --> 01:28:42,760
Speaker 2: between the big power generators to stock up the coal

1865
01:28:42,760 --> 01:28:44,800
Speaker 2: at Huntley. You remember they talked about this genesis when

1866
01:28:44,800 --> 01:28:46,320
Speaker 2: how they said we need some help, we need to

1867
01:28:46,320 --> 01:28:48,760
Speaker 2: burn more coal. Everybody needs to get involved in this

1868
01:28:50,120 --> 01:28:52,240
Speaker 2: needed Commerce Commissi approval looks like it's going to happen

1869
01:28:52,240 --> 01:28:54,960
Speaker 2: happy about that because I don't know about you, but

1870
01:28:55,040 --> 01:28:58,840
Speaker 2: I like having the lights on. So this is for

1871
01:28:58,880 --> 01:29:01,800
Speaker 2: the likes of Barry soph who think that just because

1872
01:29:01,800 --> 01:29:04,439
Speaker 2: it came out of Trump's mouth or Trump's White House,

1873
01:29:04,439 --> 01:29:06,960
Speaker 2: it's got to be a stupid idea and can't possibly succeed.

1874
01:29:07,000 --> 01:29:09,840
Speaker 2: Now I'm gonna I'm not gonna who nos. You know,

1875
01:29:09,920 --> 01:29:12,840
Speaker 2: you're dealing with Israel and you're dealing with Hamas and

1876
01:29:12,880 --> 01:29:14,680
Speaker 2: there are years and years and years and years and

1877
01:29:14,720 --> 01:29:17,599
Speaker 2: years and years of nothing succeeding. So you know, it's

1878
01:29:17,640 --> 01:29:18,960
Speaker 2: a bit of a punt as to whether it's going

1879
01:29:19,040 --> 01:29:21,559
Speaker 2: to succeed as to the quality of the idea, though

1880
01:29:21,920 --> 01:29:23,880
Speaker 2: it is actually getting really good marks around the world.

1881
01:29:23,920 --> 01:29:27,720
Speaker 2: I've spoken to some commentators in New Zealand people who

1882
01:29:27,760 --> 01:29:29,880
Speaker 2: analyze this think they are quite impressed with the idea,

1883
01:29:29,880 --> 01:29:32,720
Speaker 2: and I see The Telegraph's Global Health Security editor has

1884
01:29:32,760 --> 01:29:34,840
Speaker 2: written a piece today about it, and this is what

1885
01:29:34,880 --> 01:29:37,679
Speaker 2: he says. He says the new Plan is the best

1886
01:29:37,680 --> 01:29:40,320
Speaker 2: to be produced since the war began in terms of

1887
01:29:40,360 --> 01:29:43,719
Speaker 2: its structure and scope, and is not without hope. Perhaps

1888
01:29:43,760 --> 01:29:46,240
Speaker 2: its strongest point is the surprise edition, seemingly at the

1889
01:29:46,320 --> 01:29:48,439
Speaker 2: last moment of mister Trump himself as the chair of

1890
01:29:48,439 --> 01:29:50,559
Speaker 2: the Board of Peace. This is the body that's going

1891
01:29:50,560 --> 01:29:53,120
Speaker 2: to run Gaza until such time as the Palestinian authority

1892
01:29:53,160 --> 01:29:56,240
Speaker 2: has reformed and matured sufficiently to take over. It was

1893
01:29:56,280 --> 01:29:58,639
Speaker 2: originally set to be chaired by Tony Blair, the former

1894
01:29:58,640 --> 01:30:01,240
Speaker 2: Prime Minister of the UK, but mister Trump's presence at

1895
01:30:01,280 --> 01:30:03,760
Speaker 2: the head of the table will provide a US guarantee

1896
01:30:04,160 --> 01:30:07,080
Speaker 2: that few can afford to ignore. It is not yet clear,

1897
01:30:07,120 --> 01:30:09,720
Speaker 2: but one suspects that the rest request came from the

1898
01:30:09,720 --> 01:30:12,200
Speaker 2: Arab side, who would otherwise have worried that there was

1899
01:30:12,240 --> 01:30:14,800
Speaker 2: nothing to stop Israel continuing the war after getting their

1900
01:30:14,800 --> 01:30:17,240
Speaker 2: hostages back as they did in March this year. And

1901
01:30:17,320 --> 01:30:19,799
Speaker 2: another strength of the plan is that it is cleverly

1902
01:30:19,880 --> 01:30:23,360
Speaker 2: drafted and has mister Blair's print throughout, and basically he

1903
01:30:23,400 --> 01:30:25,040
Speaker 2: goes on to say it owes a lot to the

1904
01:30:25,040 --> 01:30:27,000
Speaker 2: Good Friday Agreement, seems to have borrowed a lot of

1905
01:30:27,000 --> 01:30:29,840
Speaker 2: ideas from there. So there just because the idea came

1906
01:30:29,840 --> 01:30:31,840
Speaker 2: from Donald Trump's White House does not mean it is

1907
01:30:31,880 --> 01:30:34,080
Speaker 2: a stupid idea seventeen away from seven.

1908
01:30:35,120 --> 01:30:35,800
Speaker 3: If it's to do.

1909
01:30:35,840 --> 01:30:39,519
Speaker 1: With money, it matters to you the Business hour with.

1910
01:30:39,720 --> 01:30:42,200
Speaker 3: Header duplicy Ellen and Maz.

1911
01:30:42,080 --> 01:30:45,479
Speaker 1: For insurance investments and Kuye Safer and you're in good

1912
01:30:45,520 --> 01:30:46,639
Speaker 1: hands news.

1913
01:30:46,439 --> 01:30:49,320
Speaker 2: Talks that'd be hither the Reserve Bank can't do any

1914
01:30:49,400 --> 01:30:51,880
Speaker 2: meetings any sooner because they're all on holiday. I know that,

1915
01:30:51,920 --> 01:30:54,080
Speaker 2: And that's the problem. Isn't that the problem that you

1916
01:30:54,120 --> 01:30:56,640
Speaker 2: go three months between November and February or whatever it

1917
01:30:56,720 --> 01:30:58,720
Speaker 2: is where they meet. By the way, W had a

1918
01:30:58,720 --> 01:31:01,120
Speaker 2: locause old mate who's coming to run the reserve banks

1919
01:31:01,120 --> 01:31:03,439
Speaker 2: coming from Sweden, right, so we needn't have to look

1920
01:31:03,439 --> 01:31:05,880
Speaker 2: at their calendar. They have a Reserve bank decision, They

1921
01:31:05,920 --> 01:31:08,560
Speaker 2: have a monetary policy decision on the eighteenth of December.

1922
01:31:09,040 --> 01:31:10,920
Speaker 2: I think it's the decisions on the eighteenth, and then

1923
01:31:10,920 --> 01:31:12,920
Speaker 2: the hold the press conference on the nineteenth or something

1924
01:31:12,960 --> 01:31:16,120
Speaker 2: like that. But they're literally working until basically Christmas time,

1925
01:31:16,560 --> 01:31:18,080
Speaker 2: and I haven't had a look at when they come

1926
01:31:18,080 --> 01:31:20,840
Speaker 2: back in January. But already she's coming from a place

1927
01:31:20,840 --> 01:31:24,040
Speaker 2: where they actually do they do the work right up

1928
01:31:24,040 --> 01:31:26,120
Speaker 2: to Christmas, so I wouldn't be surprised. I would not

1929
01:31:26,200 --> 01:31:28,720
Speaker 2: be surprised if she comes and and tidies up the

1930
01:31:28,720 --> 01:31:30,840
Speaker 2: old sloppiness that's been going on at the Reserve Bank.

1931
01:31:30,880 --> 01:31:32,960
Speaker 2: Keep an eye out for that anyway. Thirteen away from

1932
01:31:33,000 --> 01:31:37,160
Speaker 2: seven end of Brady, UK correspondent with US. Hello Ender, Yeah,

1933
01:31:37,160 --> 01:31:38,800
Speaker 2: they're great to speak to you again. Any word from

1934
01:31:38,880 --> 01:31:41,040
Speaker 2: your government on Tony Blair's involvement.

1935
01:31:41,800 --> 01:31:43,720
Speaker 18: No, but I think there will be some today. So

1936
01:31:43,840 --> 01:31:46,600
Speaker 18: clearly it's Labor Party conference the week here Stummer is

1937
01:31:46,640 --> 01:31:48,479
Speaker 18: going to speak and I would imagine as soon as

1938
01:31:48,560 --> 01:31:50,559
Speaker 18: journalists get near the Prime Minister that will be one

1939
01:31:50,560 --> 01:31:53,160
Speaker 18: of the first questions. But look, the UK government has

1940
01:31:53,200 --> 01:31:56,200
Speaker 18: been equivocal on this. The hostages have to be returned,

1941
01:31:56,439 --> 01:31:58,439
Speaker 18: there needs to be a ceasefire, and there needs to

1942
01:31:58,479 --> 01:31:59,920
Speaker 18: be an end to the war and goes.

1943
01:32:01,080 --> 01:32:04,400
Speaker 2: Do you guys have much given what Blair has managed

1944
01:32:04,400 --> 01:32:06,120
Speaker 2: to do in terms of the Good Friday Agreement and

1945
01:32:06,120 --> 01:32:07,760
Speaker 2: so on, do you hold hope that he's able to

1946
01:32:07,760 --> 01:32:08,639
Speaker 2: do something here.

1947
01:32:09,840 --> 01:32:12,439
Speaker 18: Not in the Middle East? Personally, I think his name

1948
01:32:12,520 --> 01:32:15,000
Speaker 18: is Mud in the Muslim world because of Iraq, so

1949
01:32:15,080 --> 01:32:19,160
Speaker 18: it's hugely controversial. Yes, he did great things in Ireland.

1950
01:32:19,200 --> 01:32:21,760
Speaker 18: I've interviewed him many times over the years and that

1951
01:32:21,800 --> 01:32:25,120
Speaker 18: remains I would say one of his proudest achievements, getting

1952
01:32:25,160 --> 01:32:28,040
Speaker 18: peace in Ireland, which is something that growing up there

1953
01:32:28,040 --> 01:32:30,599
Speaker 18: in the eighties I never would have thought was possible.

1954
01:32:30,920 --> 01:32:34,320
Speaker 18: And the country we have now, the peace we have. Yes,

1955
01:32:34,400 --> 01:32:36,559
Speaker 18: he played a huge, huge part in that. I think

1956
01:32:36,600 --> 01:32:39,559
Speaker 18: this is so different. He carries a lot of baggage

1957
01:32:39,600 --> 01:32:42,200
Speaker 18: because of the Iraq War. He is not popular in

1958
01:32:42,240 --> 01:32:44,960
Speaker 18: the Muslim world. But let's just see, let's give him

1959
01:32:45,000 --> 01:32:45,360
Speaker 18: a chance.

1960
01:32:45,600 --> 01:32:48,799
Speaker 2: Yeah, okay, what about this chep who's the chief suspect

1961
01:32:48,800 --> 01:32:50,599
Speaker 2: of the medal and the can disappearance? Was he got

1962
01:32:50,640 --> 01:32:51,519
Speaker 2: to say for himself?

1963
01:32:52,600 --> 01:32:57,799
Speaker 18: So incredibly he's given an interview to Sky News. Obviously,

1964
01:32:57,840 --> 01:32:59,920
Speaker 18: I was there for only two decades, and I know

1965
01:33:00,120 --> 01:33:01,960
Speaker 18: the teams have been working to try and find this

1966
01:33:02,040 --> 01:33:04,240
Speaker 18: guy to get him to sit down and do an interview.

1967
01:33:04,320 --> 01:33:06,880
Speaker 18: He speaks good English, but he spoke mostly in German.

1968
01:33:07,240 --> 01:33:09,880
Speaker 18: Christian Bruckner is his name. So he's just got out

1969
01:33:09,880 --> 01:33:13,000
Speaker 18: of prison. He's on an ankle tag. He has served

1970
01:33:13,280 --> 01:33:17,120
Speaker 18: a significant sentence for a sex attack on a pensioner,

1971
01:33:17,800 --> 01:33:22,479
Speaker 18: a female pensioner in Portugal a long time ago. He

1972
01:33:22,560 --> 01:33:24,519
Speaker 18: is now, on the face of it, a free man,

1973
01:33:24,760 --> 01:33:27,639
Speaker 18: but he doesn't believe he is, so he took himself

1974
01:33:27,680 --> 01:33:30,200
Speaker 18: off to the prosecutor's office in the nearest town in

1975
01:33:30,240 --> 01:33:34,000
Speaker 18: Germany yesterday to demand the face to face meeting, and

1976
01:33:34,000 --> 01:33:36,439
Speaker 18: he says he wants his life back, He wants the

1977
01:33:36,479 --> 01:33:39,960
Speaker 18: prosecutor to stop investigating him for the disappearance of Madeline

1978
01:33:40,000 --> 01:33:42,600
Speaker 18: the can and he also asked for some money so

1979
01:33:42,720 --> 01:33:45,400
Speaker 18: that he could get his life back on track. Now

1980
01:33:45,880 --> 01:33:48,320
Speaker 18: it's very difficult to feel sympathy for this man. He

1981
01:33:48,360 --> 01:33:51,759
Speaker 18: is a convicted sex attacker. He has always denied anything

1982
01:33:51,800 --> 01:33:55,320
Speaker 18: to do with the disappearance of little Madeline. However, when

1983
01:33:55,320 --> 01:33:58,360
Speaker 18: he was asked the question did you abduct and murder

1984
01:33:58,520 --> 01:34:01,439
Speaker 18: Madeline McCann, which is what the German police clearly believe

1985
01:34:01,520 --> 01:34:04,840
Speaker 18: he did, he refused to answer. And he said, my

1986
01:34:04,920 --> 01:34:07,240
Speaker 18: lawyers have told me that I can't answer for this.

1987
01:34:07,760 --> 01:34:11,479
Speaker 18: I mean, it's a pretty straightforward yes or no answer,

1988
01:34:11,680 --> 01:34:15,479
Speaker 18: isn't it yes? And he refused to answer. So there

1989
01:34:15,520 --> 01:34:19,040
Speaker 18: are significant question marks against this guy, but for now

1990
01:34:19,600 --> 01:34:23,880
Speaker 18: he is free. He denies any wrongdoing whatsoever. But he

1991
01:34:23,960 --> 01:34:26,639
Speaker 18: has a hell of a situation on his hands because

1992
01:34:26,760 --> 01:34:29,920
Speaker 18: what I understand, the German authorities put him into a

1993
01:34:29,920 --> 01:34:33,040
Speaker 18: house at the weekend. He now so recognized him so

1994
01:34:33,160 --> 01:34:36,280
Speaker 18: well known across Germany that with now was the beast

1995
01:34:36,360 --> 01:34:38,280
Speaker 18: had to turn up rescue him from his nose.

1996
01:34:38,560 --> 01:34:40,680
Speaker 2: Yeah. Yeah, that doesn't surprise me at all. Hell Isten

1997
01:34:40,760 --> 01:34:43,000
Speaker 2: the dog walkers that have been banned from going anywhere

1998
01:34:43,000 --> 01:34:45,320
Speaker 2: in the a case in William's house, what are they about?

1999
01:34:47,320 --> 01:34:49,200
Speaker 18: Well, I've always been able to use the park in

2000
01:34:49,280 --> 01:34:51,840
Speaker 18: great windsor The problem now is you've got future King

2001
01:34:51,840 --> 01:34:54,200
Speaker 18: and the King after him all living under one roof

2002
01:34:54,240 --> 01:34:57,559
Speaker 18: in Forest Lodge. And what they've done is they've brought

2003
01:34:57,560 --> 01:35:01,920
Speaker 18: in some new legislation so effectively in barriers, more CCTV

2004
01:35:02,040 --> 01:35:05,840
Speaker 18: cameras and as a two point three mile perimeter around

2005
01:35:06,160 --> 01:35:08,840
Speaker 18: Forest Lodge, which Kave and William View is there forever

2006
01:35:08,960 --> 01:35:13,160
Speaker 18: home with the children. Others are upset. They've come to

2007
01:35:13,200 --> 01:35:16,519
Speaker 18: the newspapers, they've complained. They said they weren't consultant on this.

2008
01:35:16,840 --> 01:35:19,240
Speaker 18: But look, the future King, as I say, in the

2009
01:35:19,400 --> 01:35:21,800
Speaker 18: King after Him, there's only going to be one winner

2010
01:35:21,840 --> 01:35:24,880
Speaker 18: here and you can't argue about the security needed to

2011
01:35:24,880 --> 01:35:26,160
Speaker 18: protect William and his family.

2012
01:35:26,320 --> 01:35:28,519
Speaker 2: Yeah, fair enough, and thank you so much, appreciate it. Well,

2013
01:35:28,520 --> 01:35:29,840
Speaker 2: talk to you in a couple of days in the Brady,

2014
01:35:30,200 --> 01:35:33,360
Speaker 2: UK correspondent, ahead, look at it? Okay. So the Central

2015
01:35:33,360 --> 01:35:38,800
Speaker 2: Bank in Sweden meets on the seventeenth of December this year,

2016
01:35:39,160 --> 01:35:41,840
Speaker 2: make a monetary policy decision, hold the press conference the

2017
01:35:41,840 --> 01:35:44,040
Speaker 2: next day of the eighteenth of December. Then they come

2018
01:35:44,080 --> 01:35:46,360
Speaker 2: back meet again on the twentieth of January. Hold the

2019
01:35:46,360 --> 01:35:48,599
Speaker 2: press conference of the twenty first of January. So they

2020
01:35:48,600 --> 01:35:52,000
Speaker 2: have a month's Hollybob's unlike our friends at the Reserve Bank,

2021
01:35:52,360 --> 01:35:55,959
Speaker 2: our Tanemahuta trees, who like to have three months holidays,

2022
01:35:55,960 --> 01:35:59,760
Speaker 2: don't they listen? Is anybody else? As Gastar and I

2023
01:36:00,280 --> 01:36:02,280
Speaker 2: like to get into the lives of celebrities because that

2024
01:36:02,479 --> 01:36:04,960
Speaker 2: just people. But I was gutted. Weren't you to hear

2025
01:36:04,960 --> 01:36:07,559
Speaker 2: about Nicole Kidman and what's his face? The drug addict?

2026
01:36:07,560 --> 01:36:07,880
Speaker 3: Today?

2027
01:36:08,160 --> 01:36:10,880
Speaker 2: I thought they looked normal, didn't they? After all of

2028
01:36:10,880 --> 01:36:13,200
Speaker 2: the crap that she's been through in her relationships, so

2029
01:36:13,479 --> 01:36:15,640
Speaker 2: she got the normal one. He's a noo well, I

2030
01:36:15,640 --> 01:36:17,720
Speaker 2: mean he's a drug addict. But you know in that come,

2031
01:36:19,080 --> 01:36:22,360
Speaker 2: I mean, well, maybe it's normal, maybe it's not. I

2032
01:36:22,400 --> 01:36:24,519
Speaker 2: don't know anymore, but anyway, do you know what I mean?

2033
01:36:24,560 --> 01:36:26,799
Speaker 2: Like it just looked like a normal relationship. They weren't.

2034
01:36:26,880 --> 01:36:28,880
Speaker 2: They weren't like a glamour couple. They went out there

2035
01:36:28,880 --> 01:36:30,880
Speaker 2: doing the Hollywood stuff. They were just doing their normal

2036
01:36:30,960 --> 01:36:32,720
Speaker 2: lives and they had a couple of girls and they

2037
01:36:32,760 --> 01:36:34,880
Speaker 2: were you know, she was standing by him when he

2038
01:36:34,920 --> 01:36:39,200
Speaker 2: went into Rehabit now gone nineteen years, nineteen years and

2039
01:36:39,240 --> 01:36:43,400
Speaker 2: it's over apparently, been separated since July. Genuinely gutted, There goes,

2040
01:36:44,000 --> 01:36:45,920
Speaker 2: There goes one of the last hopes of a marriage

2041
01:36:45,960 --> 01:36:47,120
Speaker 2: a ate away from seven.

2042
01:36:48,160 --> 01:36:51,480
Speaker 1: It's the Heather Timple see Allan Drive Full Show podcast

2043
01:36:51,560 --> 01:36:54,320
Speaker 1: on iHeartRadio powered by Newstalk ZBI.

2044
01:36:56,479 --> 01:36:59,080
Speaker 2: Heather. They might work right up until Christmas in Sweden

2045
01:36:59,120 --> 01:37:01,920
Speaker 2: because it's the winter, and then the Christmas school holidays

2046
01:37:01,960 --> 01:37:03,960
Speaker 2: are only two weeks. But the long breaks are in summer,

2047
01:37:03,960 --> 01:37:05,719
Speaker 2: aren't they. Chris, Actually, you do make a fair point.

2048
01:37:05,760 --> 01:37:08,680
Speaker 2: You do make a fair point. They do have they go.

2049
01:37:08,800 --> 01:37:11,680
Speaker 2: They seem to go sort of like every couple of

2050
01:37:11,720 --> 01:37:15,639
Speaker 2: monthsish with decisions and so on, and then the big

2051
01:37:15,680 --> 01:37:18,439
Speaker 2: break is between June and September. So what's that July

2052
01:37:18,560 --> 01:37:21,599
Speaker 2: or September. Yeah, so they take a three month So basically,

2053
01:37:21,680 --> 01:37:23,960
Speaker 2: what conclusion we've come to a central bankers all need

2054
01:37:23,960 --> 01:37:27,280
Speaker 2: a three month holiday.

2055
01:37:26,320 --> 01:37:26,680
Speaker 9: Don't you.

2056
01:37:27,360 --> 01:37:29,839
Speaker 2: I mean, come on, don't you need a three month holiday?

2057
01:37:31,240 --> 01:37:33,760
Speaker 2: You know, because you're doing you're using your brain as

2058
01:37:33,840 --> 01:37:36,400
Speaker 2: much as they are, aren't you? In Lord anyway? Jeez,

2059
01:37:36,439 --> 01:37:39,240
Speaker 2: we need to stop being so lazy. It is the

2060
01:37:39,240 --> 01:37:41,880
Speaker 2: turn of the comedians, by the way, to get in

2061
01:37:41,880 --> 01:37:44,080
Speaker 2: trouble for the Saudi money. It's five away from seven,

2062
01:37:44,120 --> 01:37:47,200
Speaker 2: I should tell you, because we've had We've had the golfers,

2063
01:37:47,520 --> 01:37:49,200
Speaker 2: we've had the rugby players. Are going to get in

2064
01:37:49,240 --> 01:37:51,320
Speaker 2: trouble for everybody who takes Saudi money gets in trouble

2065
01:37:51,360 --> 01:37:54,080
Speaker 2: for the old Saudi washing. And now it's the Read

2066
01:37:54,080 --> 01:37:57,000
Speaker 2: Comedy Festival, which has been billed as the world's largest

2067
01:37:57,040 --> 01:37:59,040
Speaker 2: comedy festival, which is going to take place at some point.

2068
01:37:59,080 --> 01:38:01,760
Speaker 2: I think it's next year. I've booked fifty international comedians

2069
01:38:01,920 --> 01:38:05,040
Speaker 2: and because they're Soudi's, they're going large, because they've got

2070
01:38:05,040 --> 01:38:07,280
Speaker 2: the money to go large. So you know, we New

2071
01:38:07,360 --> 01:38:10,440
Speaker 2: Zealand Comedy Festival, we're lucky if we get one international

2072
01:38:10,439 --> 01:38:13,880
Speaker 2: headliner to come here. You know they've got Dave Chappelle,

2073
01:38:14,040 --> 01:38:17,320
Speaker 2: Kevin Hart, Pete Davidson. That's not even exhaust of like,

2074
01:38:17,520 --> 01:38:19,559
Speaker 2: the list goes on and on, and as we've seen

2075
01:38:19,560 --> 01:38:21,639
Speaker 2: with the golf and all the other sport, these guys

2076
01:38:21,680 --> 01:38:23,400
Speaker 2: are get in trouble, getting in trouble for taking the

2077
01:38:23,400 --> 01:38:26,240
Speaker 2: Saudi money. So get used to this idea. Saudi money

2078
01:38:26,280 --> 01:38:28,760
Speaker 2: is coming to every single sector by the looks of things.

2079
01:38:29,640 --> 01:38:32,479
Speaker 2: Kenzy got something for the Oasis fans.

2080
01:38:32,520 --> 01:38:35,960
Speaker 26: Ever, Oh yes, so if you miss tickets to their show,

2081
01:38:36,080 --> 01:38:38,880
Speaker 26: don't worry because they might be coming back next year.

2082
01:38:39,479 --> 01:38:42,200
Speaker 26: So Liam Gallagher, this was at the Wembley Stadium. He

2083
01:38:42,280 --> 01:38:44,960
Speaker 26: was saying a big gold gombye to everyone, thanking everyone.

2084
01:38:45,240 --> 01:38:47,639
Speaker 26: He gave audiences a bit of a tease, he said,

2085
01:38:47,680 --> 01:38:49,720
Speaker 26: and I quote, see you next year.

2086
01:38:50,000 --> 01:38:52,680
Speaker 2: How good would that be? Now? Do you know what

2087
01:38:52,720 --> 01:38:55,320
Speaker 2: I did the other day? I went to Kmart and

2088
01:38:56,439 --> 01:38:58,280
Speaker 2: I was in I don't know why. I think I

2089
01:38:58,439 --> 01:39:00,200
Speaker 2: had to. I think I was instructed to go and

2090
01:39:00,240 --> 01:39:03,160
Speaker 2: buy as an incentive treat for the children to the

2091
01:39:03,240 --> 01:39:05,639
Speaker 2: child a remote controlled card. I thought, I'm not spending

2092
01:39:05,640 --> 01:39:06,960
Speaker 2: a lot of money on us, You're gonna get something

2093
01:39:06,960 --> 01:39:09,080
Speaker 2: from Kmart. So I went there and I found a

2094
01:39:09,120 --> 01:39:12,920
Speaker 2: seventeen dollar rip off Oasis merchandise T shirt. So I

2095
01:39:12,920 --> 01:39:14,639
Speaker 2: bought it for the Oasis gig did.

2096
01:39:14,720 --> 01:39:15,840
Speaker 26: Yes because you're going, aren't you.

2097
01:39:15,960 --> 01:39:18,280
Speaker 2: I am exciting, Thank you. I could go on thank

2098
01:39:18,320 --> 01:39:20,280
Speaker 2: you now. I had something to wear, that's right, and

2099
01:39:20,280 --> 01:39:22,200
Speaker 2: they'll think I spent legit money on it and I didn't.

2100
01:39:22,240 --> 01:39:28,160
Speaker 2: It was seventeen dollars cour I think Scottish enjoy See

2101
01:39:28,160 --> 01:39:29,960
Speaker 2: you tomorrow, savee Man.

2102
01:39:33,920 --> 01:39:35,439
Speaker 25: One that Saves Man.

2103
01:40:10,040 --> 01:40:13,200
Speaker 1: For more from Hither Duplessy Allen Drive. Listen live to

2104
01:40:13,320 --> 01:40:16,360
Speaker 1: news talks. It'd be from four pm weekdays, or follow

2105
01:40:16,400 --> 01:40:18,160
Speaker 1: the podcast on iHeartRadio