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Speaker 1: The issues, the interviews and the insight. Ryan Bridge on

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Speaker 1: earli Ereditionhow with one roof Love Where You Live? News

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Speaker 1: Talks b.

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Speaker 2: Good morning, Welcome to your Monday, just gone six after five.

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Speaker 2: Coming up on the show this morning before six, the

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Speaker 2: New Zealand debt on track to hit one trillion dollars

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Speaker 2: in the next three years. Brad Olsen on the show.

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Speaker 2: Gavin Gray a UK Europe for us, every leader on

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Speaker 2: the continent and the UK basically packing a toothbrush and

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Speaker 2: an overnight bag to go and see Trump. We'll talk

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Speaker 2: about that. This is over Ukraine, of course we'll talk

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Speaker 2: AB's with Andrew and foodstuffs has a different number on

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Speaker 2: price inflation. Are they spinning us or what. We'll look

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Speaker 2: at that too. News Talk SEBB the Agenda, Monday, the

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Speaker 2: eighteenth of August. Here's the latest Trump sky handling Russia talks.

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Speaker 2: This is Steve Whitcoff. He's gone on CNN. Reckons. Putin's

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Speaker 2: agreed to security guarantees for Ukraine, which is pretty massive,

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Speaker 2: including a possible NATO Article five style defense.

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Speaker 3: We agreed to robust security guarantees that I would describe

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Speaker 3: as game changing. We didn't think that we were anywhere

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Speaker 3: close to agreeing to Article five protection from the United

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Speaker 3: States in legislative enshrinement within the Russian Federation not to

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Speaker 3: go after any other territory.

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Speaker 2: Meanwhile, it'll be standing room only in the Oval office tomorrow.

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Speaker 2: You've got starmer Machron Mertz from Germany. You got vonder

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Speaker 2: lyon she's in the RATA, the NAITO Secretary General are

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Speaker 2: all going.

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Speaker 4: It's necessary to cease fire and work quickly on a

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Speaker 4: final deal.

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Speaker 1: We'll talk about it in Washington.

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Speaker 4: Putin does not want to stop the killing, but he

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Speaker 4: must do it. Second, we need real negotiations, which means

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Speaker 4: they can start where the front line is now.

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Speaker 2: You've seen that flash flighting in Pakistan. It's ferocious. More

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Speaker 2: than three hundred people have been killed, including a risk

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Speaker 2: your helicopter crashing during operations. Five of the crew died.

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Speaker 5: Twenty five people from our family have died fighting the floods.

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Speaker 5: My nephew was coming from Malaysia, so one of my

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Speaker 5: brothers went to pick him up and I was at school,

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Speaker 5: so we survived.

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Speaker 2: Thousands have fled Gaza City of Vietnam. This is a

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Speaker 2: neighborhood in Gaza. After days of heavy Israeli bombard bombardment

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Speaker 2: Gaza officials say at least forty were killed on Saturday.

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Speaker 2: Israel will allow tents back in the plans to force

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Speaker 2: a million people south into camps underground.

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Speaker 6: Israeli metropriation is ongoing in several areas before controlling the

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Speaker 6: whole of Gaza City, according to the plan of mister Natania,

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Speaker 6: who to see the whole Gaza and Segaza all in

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Speaker 6: all at the end to destroy, as he says, the

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Speaker 6: two remaining stronghold of Hamas in Mawassi and in Gaza City.

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Speaker 1: The first word on the News of the Day early

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Speaker 1: edition with Ryan Bridge and One Route Love where You Live.

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Speaker 2: News Talks at B News Talk said, b it is

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Speaker 2: nine minutes after five. I was thinking watching a bit

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Speaker 2: of the rugby on Sunday morning and thinking, do these

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Speaker 2: guys still go out and get on the hammer after

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Speaker 2: winning a game of rugby? When you're in Argentina and

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Speaker 2: these beautiful people around. It's a beautiful country. It's a

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Speaker 2: bars and restaurants. Do they still go out and do that?

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Speaker 2: Or is that a bit too old school now? Anyway,

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Speaker 2: we might ask Andrew Ortison about that shortly big week

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Speaker 2: for us here in New Zealand. It's ocr week this

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Speaker 2: week Wednesdays to day. Is the economy cracking? Is it

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Speaker 2: in shape? You know, obviously we've had a hiatus post

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Speaker 2: Liberation Day, but are people slowly getting out and spending more.

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Speaker 2: We've had some semi positive card data, the high frequency

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Speaker 2: data they like to call it, over the last week

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Speaker 2: or two. On the weekend, I was out, People were spending,

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Speaker 2: people were busy. It looked to be Things looked to

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Speaker 2: be okay where I was looking. Anyway, here's the thing.

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Speaker 2: We've been relying on the Reserve Bank to do the

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Speaker 2: heavy lifting. You know that Treasury report that we had

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Speaker 2: that looked at COVID, it said basically, leave the heavy

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Speaker 2: lifting to the Reserve Bank. Don't get you to the government,

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Speaker 2: don't get your mits too dirty. If we get a

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Speaker 2: twenty five point cut on Wednesday, down to three percent,

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Speaker 2: that will mean two hundred and fifty basis points since

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Speaker 2: we started cutting, which was a year ago in August

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Speaker 2: of twenty twenty four started cutting. So if we get

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Speaker 2: twenty five that would mean we would have had two

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Speaker 2: hundred and fifty basis points over the last year. That

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Speaker 2: was ostally. Our started at five point five come down

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Speaker 2: to three. Cutting cycle began a year ago, and that

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Speaker 2: time lag is what's killing us. It's the thing that

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Speaker 2: is frustrating lux And if he had here, he'd be

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Speaker 2: pulling it out. It can take twelve to eighteen months

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Speaker 2: for that to flow through to us, the real people

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Speaker 2: who were coming off their fixed mortgages, et cetera. So

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Speaker 2: basically we're only just starting to get the benefits now

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Speaker 2: of the first cut we got a whole year ago.

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Speaker 2: Wednesday's cut won't fully flow through until next August. I know,

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Speaker 2: it's like the Panteen pro v ad. It may not

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Speaker 2: happen overnight, but it will happen. So the political debate

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Speaker 2: in the meantime is should the government have stepped in,

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Speaker 2: like you know, in Akinesian style economics, stepped in and

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Speaker 2: propped it up in the meantime? You know, do you

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Speaker 2: keep building for the sake of the construction sector? Do

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Speaker 2: you keep building state houses even though there might be

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Speaker 2: the wrong size and in the wrong place, just to

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Speaker 2: keep the sector going. That's the debate that we're having

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Speaker 2: it at the moment, and that debate will continue. But

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Speaker 2: Wednesday is not going to solve everything, And it's certainly

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Speaker 2: not going to solve everything immediately. Ran said, nine ninety

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Speaker 2: two is the number to text. You'd love to hear

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Speaker 2: your thoughts. This morning, we'll get to the supermarket. So

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Speaker 2: we have the numbers out on Friday about food price inflation,

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Speaker 2: and then food Stuff comes out with their own release

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Speaker 2: saying actually this is the real if you go to

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Speaker 2: our supermarkets, this is the real increase in food prices.

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Speaker 2: So checkwin on that.

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Speaker 1: Next get ahead of the headlines on early edition with

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Speaker 1: Ryan Bridge and one roof Love where you Live News Talks,

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Speaker 1: that'd be.

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Speaker 2: Five poin fourteen on news Talks, there'd be to see

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Speaker 2: the footage of Luxeen and Chippy dancing on Saturday night.

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Speaker 2: Oh I know, I know it makes you cringe, but

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Speaker 2: it's it is in a way nice to see that happening,

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Speaker 2: isn't it, because it shows that they're both actually just

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Speaker 2: human beings. They're not some you know, weird dart boards

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Speaker 2: that we throw darts at. I mean they are that too,

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Speaker 2: but they're also human beings who danced better. That's my

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Speaker 2: question for you. Nine to two nine two. None were outstanding.

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Speaker 2: You wouldn't put any of them on the world stage.

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Speaker 2: You know at the Dance Champs, but in your humble opinion,

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Speaker 2: who had the better moves? And why is it that? Well,

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Speaker 2: it's men can't move their hips. Don't just point the

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Speaker 2: sky is not dancing, you know what I mean. And

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Speaker 2: when they get really nervous they start clapping. That's not

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Speaker 2: dancing either. Move your hips, people. Nine nineteen the number

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Speaker 2: just gone quarter past five ran off the back of

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Speaker 2: the food inflation figures on Friday, food Stuffs has come

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Speaker 2: up with an interesting comparison. A stats in Z reported

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Speaker 2: five percent increase in the edit to July. I know,

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Speaker 2: hard to swallow, hard to say, but food Stuffs is

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Speaker 2: reporting a three point four percent increase year on year.

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Speaker 2: They argue they have a clearer grasp on grocery prices.

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Speaker 2: They say statsun Z is including restaurant and takeaways in

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Speaker 2: their reporting. Sue chetwyn is with the Grocery Action Group,

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Speaker 2: which's with us this morning. Hey, Sue, good morning. What

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Speaker 2: do you reckon spin or do they have some merit

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Speaker 2: and what they're saying?

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Speaker 7: Look, I think that it's interesting statistics and you know,

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Speaker 7: it's it's good to have them, but to me, it

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Speaker 7: really is spin stats. New Zealand your I've been doing

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Speaker 7: these figures for a very long time, and food Stus

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Speaker 7: is producing them when they think that they might benefit them.

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Speaker 7: You know, they are under the gun at the moment

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Speaker 7: because of the very high prices that tee we's are

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Speaker 7: paying for groceries, and so they come out with statistics

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Speaker 7: like this, And of course, you know you have to

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Speaker 7: say that gst is on is on food in New

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Speaker 7: Zealand and isn't in some of the other comparison countries

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Speaker 7: like the UK and Australia. But you know, there's research

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Speaker 7: around that shows that even taking that into account, that

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Speaker 7: we are still paying too much for groceries here. So

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Speaker 7: I don't think it. I don't think it does food

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Speaker 7: stuff so much good to do stuff like this in

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Speaker 7: some respects because I just don't think I think here

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Speaker 7: is more sensible than that, And they probably don't believe it.

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Speaker 1: But.

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Speaker 8: Do you.

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Speaker 2: But to be fair to them, I mean, they get

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Speaker 2: hammered day in day out. These guys are the reason

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Speaker 2: I can't afford to feed my family. And they'd make

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Speaker 2: some just reasonable points about you know, a harsher winter

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Speaker 2: and shopping seasonally, and as you say, the gest I mean,

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Speaker 2: these are valid things.

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Speaker 7: Oh look, absolutely, you know there has been a harsh winter,

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Speaker 7: stops seasonally. All of those things are correct. But the

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Speaker 7: reality is that we still have, you know, a duopoly

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Speaker 7: in New Zealand. We have food stuff which is increasing

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Speaker 7: its hold actually, and we have two reports from the

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Speaker 7: Grocery Commissioner showing that things are toss. The barrier to

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Speaker 7: entry for us a competing supermarket is probably too high,

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Speaker 7: and that's why we don't have competition here, and that's

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Speaker 7: why we have high prices. It's not much more difficult

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Speaker 7: than that. And food stuff might be giving us all

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Speaker 7: this advice, but the fact of the matter is making

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Speaker 7: excess of profits. So if they bought the price had

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Speaker 7: said for food down a little bit, they would still

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Speaker 7: be making both.

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Speaker 2: Profits, spend a little less on pr maybe you reckon

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Speaker 2: soe hey, thanks right, thanks for your time, sir, Shepwyin

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Speaker 2: Who's for their Growth Reaction Group this morning. It is

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Speaker 2: eighteen minutes after five AB's with Andrew Ordison. Next on

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Speaker 2: News Talk z VB, on your.

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Speaker 1: Radio and online on Iheard Radio Early Edition with Ryan

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Speaker 1: Bridge and one roof Love where you Live, News.

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Speaker 2: Talks EDB, News TALKSB after the News at five point

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Speaker 2: thirty will talk about the plant.

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Speaker 1: Well.

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Speaker 2: The media is talking about whether Hepkins would be rolled

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Speaker 2: before the election because he's tainted by COVID, and whether

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Speaker 2: the Luxe and should be rolled before the election because

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Speaker 2: he's tainted by well himself. Both of these things are

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Speaker 2: not going to happen. I'll tell you why after five thirty.

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Speaker 2: We'll also talk about the latest on Ukraine. Right now,

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Speaker 2: it's sport. Andrew Orison's here, Good morning, Greeting's Ryan, Good

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Speaker 2: to see you. Now, what do you make of that

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Speaker 2: AB's game?

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Speaker 9: I thought it was well, not convincing, but I thought

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Speaker 9: that it was a decent showing and they showed plenty

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Speaker 9: of tenacity good round the set piece. For the most part.

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Speaker 10: I thought a.

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Speaker 9: Couple of things that sprung to mind was just that

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Speaker 9: driving power well through the mall but also just through

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Speaker 9: individuals like Tokyaho to Purvey and also Ardie Savia. Just

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Speaker 9: a little bit of an accuracy and erarors over the

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Speaker 9: course of that game, but I thought they were It

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Speaker 9: was a good, good starting out for the for the

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Speaker 9: Rugby Championship and looking to move on from from the

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Speaker 9: victories over France.

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Speaker 2: Yeah, great mares, but few problems in the air like

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Speaker 2: catching things.

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Speaker 9: Yeah, yeah, there's a few eras and a few just

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Speaker 9: I think just need a bit more polish there. Another

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Speaker 9: example of just someone is really we're watching one of

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Speaker 9: the you know, one of the best and recent times,

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Speaker 9: you know, and Will Jordan as well. I just think

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Speaker 9: he offers a lot on attack and just it's great

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Speaker 9: to have him in there and and dictating player as

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Speaker 9: well on various occasions. So yeah, good to get one

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Speaker 9: there and in the Argentine I mean, I suppose the

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Speaker 9: other the more remarkable result was the Wallabies beating South

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Speaker 9: Africa at Allis Park in Johannesburg and last nineteen sixty

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Speaker 9: three two minutes. It's a remarkable effort from the Wallabies

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Speaker 9: to turn that round and in Jo Schmitt clearly having

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Speaker 9: an influence the I mean, and it puts into perspective

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Speaker 9: that line series as well.

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Speaker 2: And I think the comment from the spring Box coach

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Speaker 2: was we played like dog shit. There's nothing lower than that.

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Speaker 2: Is that correctly, that's the bottom line. Yeah, just just

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Speaker 2: squelching into your shoe and move on. Chris Wood, Well,

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Speaker 2: the certainly did. Chris Wood scoring two goals in the

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Speaker 2: opening Premier League match of the season for not inam Forest.

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Speaker 9: Strong opening shine from Chris Wood and I think one

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Speaker 9: in the fifth minute, one just in the latter stages

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Speaker 9: of stoppage time in the first half, so pretty much

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Speaker 9: picking up where he left off last season. And they've

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Speaker 9: picked up that early home win three to one over Brentford.

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Speaker 9: So yeah, yeah, amazing that christ Wood continues to have

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Speaker 9: the success at the very top.

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Speaker 1: Of the game.

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Speaker 2: And Dance Littler.

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Speaker 9: Yeah, the Luke the Nuke, he's beaten cool Hand Luke,

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Speaker 9: Luke Humphrees, the world Umble one, the World champions beating

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Speaker 9: the world number one in Auckland, the Darts Masters. Did

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Speaker 9: you get long at all or.

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Speaker 1: Did you know?

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Speaker 2: I was interviewed one of the guys on Friday and

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Speaker 2: they said, come along with just a little bit busy.

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Speaker 2: I've always found it.

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Speaker 9: Have you gone to a darts You seen in Alexandra Pallace,

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Speaker 9: you know, the World Championship over Christmas time. It just

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Speaker 9: looks that the atmosphere looks amazing, albeit possibly touch feral,

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Speaker 9: but yeah, you.

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Speaker 2: Take that the fun. The thing I've always found out

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Speaker 2: about darts, just at an amateur level is you've got

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Speaker 2: people consuming large quantities of alcohol and then throwing sharp

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Speaker 2: things across the room just never made sense to me.

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Speaker 2: It's the very nature of arrows, isn't it.

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Speaker 9: But honestly, the accuracy of those guys is phenomenal, you

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Speaker 9: know when you think about I mean, maybe I'm just

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Speaker 9: really unco or something, but just what they're able to

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Speaker 9: achieve in that small space to get those one hundred

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Speaker 9: and eighties, et cetera, is a good watch.

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Speaker 2: Brilliant. Thanks Abo update, Love to see you. Andrew Ortison

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Speaker 2: was sport twenty four minutes alfter five, Y're on News Talks.

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Speaker 2: There'd be coming up next the gen Z Steer. Have

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Speaker 2: you heard of this? The gen Z Steer?

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Speaker 1: Next the early edition full show podcast on iHeartRadio. How

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Speaker 1: it by News Talks?

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Speaker 2: It be News Talks? There be twenty six minutes after five.

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Speaker 2: I went out for lunch to a cafe the other

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Speaker 2: day and our table was served by a couple of waiters,

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Speaker 2: different waiters who all seem to have a similar vibe

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Speaker 2: about them. They just did not seem to care. No smiling,

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Speaker 2: no banter, no small talk, no polite conversation, just this

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Speaker 2: blank look on their faces. And you sit there and

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Speaker 2: you think, did they hear me. When you know what

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Speaker 2: did they you ever so politely repeat yourself in case

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Speaker 2: they didn't, But they did, They got it. There's just

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Speaker 2: not really any engagement face colder than a witch's tit,

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Speaker 2: you know, riching bee faced? Call it no refills on

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Speaker 2: your water? No, would you like another coffee? That sort

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Speaker 2: of thing like, hello, is anybody in there? Is anyone home?

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Speaker 2: Why is everyone moving around so slowly? Shouldn't you be

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Speaker 2: rushing around the joint taking orders and filling coffees? When

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Speaker 2: I was young, it was drilled into us. When you're

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Speaker 2: waiting tables and you're taking orders. You work your way

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Speaker 2: from I was the dish peg out the back. You

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Speaker 2: work your way up to your front of house. You

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Speaker 2: feel pretty good about yourself, and you basically run around,

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Speaker 2: busy as a bee, trying to impress your boss, trying

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Speaker 2: to win your guests over, taking wages on who might

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Speaker 2: get the tip? Can I help you, sir? What more

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Speaker 2: can I get you? You would help the elderly into

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Speaker 2: their seats. You'd bend over backwards basically to make everyone happy.

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Speaker 2: And these guys are getting well at least twenty three

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Speaker 2: dollars an hour. And I know what you're thinking, maybe

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Speaker 2: I'm the a hole, right, Maybe I've forgotten Mum's many

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Speaker 2: sermons on good manners and etiquette. So I asked the

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Speaker 2: people that I was out to lunch with eve they

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Speaker 2: all thought the same thing. I ask friends who are teachers.

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Speaker 2: I asked parents with kids around that age, and guess what,

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Speaker 2: they all noticed the same thing. How There's even a

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Speaker 2: TikTok trend called the gen z Stare, which describes basically

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Speaker 2: what I saw at the cafe, the vacant look and

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Speaker 2: a gen za that they give you in response to

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Speaker 2: a question or a statement. And so if it's on TikTok,

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Speaker 2: obviously it's a real thing, right. So the question is,

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Speaker 2: why was it covid? Was it everyone wearing masks? So

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Speaker 2: much of how we communicate is through facial expressions. Maybe

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Speaker 2: they've missed out on years of social cues and social norms.

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Speaker 2: And then you think, well, is it smartphones? You know,

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Speaker 2: they people don't really know how to interact anymore, or

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Speaker 2: is it both? Or maybe just maybe they just don't

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Speaker 2: give a shit, you know, maybe they just don't care.

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Speaker 2: Maybe we have on our hands a generation of young

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Speaker 2: people who don't really think they need to be bothering

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Speaker 2: with mundane things like work. Quick disclaimer for you before

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Speaker 2: that gen Z has come for me obviously, not an

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Speaker 2: entire generation of young people. There are great young people

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Speaker 2: out there and not every cafe experience is the same.

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Speaker 2: There are good ones too, but you know, is this

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Speaker 2: a thing you have noticed? Nine nine two twenty nine

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Speaker 2: minutes after five Now News Talks.

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Speaker 1: He'd be We'll talk Ryan Bridge, Talk.

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Speaker 2: Ukraine with Gavin Gray, UK Europe Correspondent.

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Speaker 1: After News, News and Views you trust to start your day.

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Speaker 1: It's earlier this ship with Ryan Bridge and one roof

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Speaker 1: Love Where you Live News Talks d b B.

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Speaker 2: Good morning, twenty four away from six eur on News

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Speaker 2: TALKS'DB Welcome to your Monday. Coming up before six o'clock.

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Speaker 2: New Zealand is going to hit one trillion dollars in debt.

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Speaker 2: We look at this. Plus we're in London as Lenski

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Speaker 2: and Starmer and co Ge're up to head to Washington

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Speaker 2: over Ukraine. We've been talking about the gen Z steer

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Speaker 2: this morning. This is when young people, you know, you

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Speaker 2: go to a cafe or wherever you might go shopping

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Speaker 2: and you will encounter a young person who you talk

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Speaker 2: to them, and they just look at you like you're

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Speaker 2: insane for even speaking to them. Ryan, I strike that

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Speaker 2: add loads of text on this as you can imagine, right,

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Speaker 2: and it's not all of them. I hope I'm not

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Speaker 2: turning into a grumpy old man, Ryan. I strike that

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Speaker 2: attitude every day at work, even repeating the same tasks.

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Speaker 2: They ask what's next? Ryan, I have definitely noticed the

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Speaker 2: gen Z stair, especially in clothing stores, says Jane. When

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Speaker 2: trying to banter with them at the paid desk, they

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Speaker 2: barely smile. They pretty much look at you like you're

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Speaker 2: an alien, says Jane. This has happened a few times

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Speaker 2: to me. Not everywhere, though, of course, and I think

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Speaker 2: that's the point. Not more everyone is like this. But

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Speaker 2: is there a phenomenon going on here? Ryan? It's not

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Speaker 2: just cafes, says this texter. I work as a relief

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Speaker 2: teacher in schools. I have been amazed at the number

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Speaker 2: of teachers who won't acknowledge acknowledge you, look away when

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Speaker 2: you walk past, and don't respond to greetings. This generation

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Speaker 2: is entitled lacking social skills and lacking and knowledge twenty

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Speaker 2: three Away from six Bread Read nine two ninety two.

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Speaker 2: Is the number to text color proctors with us this

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Speaker 2: morning color good morning morning. Right, so you could be

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Speaker 2: giving me the gen z stare right now, but as

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Speaker 2: radio so we don't know. Rest assured, I'm not right.

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Speaker 2: We'll take your word for it. What's happening with this

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Speaker 2: landmark on the Tago Peninsula. Well, look, this is.

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Speaker 11: The headerwicker Harbor cone landmark we're talking about. This is

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Speaker 11: the last day for public to give their feedback on

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Speaker 11: its future. The city council looking to better handle its

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Speaker 11: management over the coming years. It is a distinctive part

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Speaker 11: of the peninsula, three hundred and twenty eight hectes of

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Speaker 11: land recognized for its landscape, ecological heritage, and cultural values.

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Speaker 11: It includes a hiking track as well, and the looking

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Speaker 11: to update this management plan, which was last updated twenty twelve.

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Speaker 11: They want to better reflect changes, challenges and opportunities that

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Speaker 11: have emerged over the past decade. And it's your last

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Speaker 11: chance today to have your say. Already, how's your weather?

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Speaker 11: We got rain this morning, running already becoming more persistent

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Speaker 11: this morning, but eazing this evening for Daned and sou

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Speaker 11: Westeries and nine the High Claire.

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Speaker 2: Than christ Church, Hey Claire, clear. Good morning to you.

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Speaker 12: Good morning.

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Speaker 2: We've still got a scene guard in place at that

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Speaker 2: double police shooting in christ Church.

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Speaker 12: Yeah, this was late on Wednesday, as you remember, Ryan,

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Speaker 12: when armed police were called to deal with a man

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Speaker 12: who was threatening himself and his partner with what we

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Speaker 12: learned was a hunting knife. Now, an officer shot and

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Speaker 12: injured the man, then quickly shot and fatally hurt the woman.

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Speaker 12: She had then picked up the knife and was threatening

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Speaker 12: officers with it. Now police in the last few days

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Speaker 12: have named the woman. She was fifty three year old

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Speaker 12: Tiato Hanui Pohio, while a forty seven year old man

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Speaker 12: has had surgery and is still considered in a serious

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Speaker 12: condition by his stable and hospital. Multiple investigations into the

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Speaker 12: circumstances the scene and the shooting are in train.

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Speaker 2: Okay, how's the weather clear?

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Speaker 12: Frosty again today, cloudy to start, then some rain developing

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Speaker 12: by evening northeasterlys at the high will be twelve degree

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Speaker 12: all right.

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Speaker 2: And we have Max back on board this morning. Max.

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Speaker 2: Good morning, good morning, great to have you here, and

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Speaker 2: you've got you've been unwell, so I'm pleased get your back.

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Speaker 2: Tell us about the homeless problem in Newtown.

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Speaker 10: Yes, a story in the post about Newtown. That's for

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Speaker 10: those not familiar with Wellington suburbs south of the city.

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Speaker 10: It's where the main hospital is a lot of young people,

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Speaker 10: the young professionals. It's become quite gentrified, having been working

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Speaker 10: class in the past. There's been a massive, very noticeable

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Speaker 10: spike recently in people living rough. On top of that, drunk,

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Speaker 10: drugged up people causing trouble, increased police reports, worsening homelessness.

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Speaker 10: Look is obviously a national issue as well, but in

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Speaker 10: Newtown the local Salvation Army says there's been anywhere from

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Speaker 10: fifty percent to a doubling in the issue just this year.

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Speaker 10: I assume they account for people showing up needing support

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Speaker 10: what they've noticed visually on the streets, people being accosted

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Speaker 10: at ATM's, drug paraphernalia being found at bus stops and

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Speaker 10: near schools. Anyway, an open letter has been signed by

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Speaker 10: a group of businesses and local politicians calling for central

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Speaker 10: government action. Yet the Sullies says this is a societal issue,

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Speaker 10: not a political one. We need community supporting community.

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Speaker 2: All right. How's your weather? Max?

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Speaker 10: Mostly fine today? Northerlys fourteen the high Central Nice.

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Speaker 2: One, thank you, Good morning, good morning, Happy Monday.

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Speaker 13: Happy Monday.

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Speaker 2: Nurses in the Upper North Island beginning local industry election today.

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Speaker 13: That's right. Look, the NEWSES organizations is that their concerns

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Speaker 13: about the staff shortages they continue to go unaddressed. This

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Speaker 13: is following that twenty four hour nationwide strike which happened

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Speaker 13: last month. So North Shore District Nursing Service nurses, they

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Speaker 13: are going to carry out a week long uniform strike.

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Speaker 13: They're going to be wearing T shirts saying not enough nurses.

434
00:23:04,119 --> 00:23:09,120
Speaker 13: Auckland Hospitals Cardiothoracic and Vascular intensive Care and also Fungeeday

435
00:23:09,200 --> 00:23:14,320
Speaker 13: Hospitals Acute surgical services nurses. They will undertake a redeployment strike.

436
00:23:14,600 --> 00:23:17,640
Speaker 13: Now they're usually sent to short staffed areas when required,

437
00:23:17,680 --> 00:23:20,040
Speaker 13: but instead what they're going to do they're going to

438
00:23:20,040 --> 00:23:23,080
Speaker 13: remain in the awards only going for life preserving reasons.

439
00:23:23,359 --> 00:23:24,760
Speaker 2: Okay, how's our weather?

440
00:23:25,520 --> 00:23:29,600
Speaker 13: Well, yeah, not good. Showers, possible thunderstorms and hail easing

441
00:23:29,720 --> 00:23:34,520
Speaker 13: later northwesterlies, gusts, gale, you know, and then in thunderstorms

442
00:23:34,560 --> 00:23:36,200
Speaker 13: tonight just not a good day.

443
00:23:36,200 --> 00:23:38,240
Speaker 2: You can come it down, great day. Do you know

444
00:23:38,280 --> 00:23:41,159
Speaker 2: what the gen Z steirs. No, this is when you

445
00:23:41,240 --> 00:23:43,359
Speaker 2: go into a restaurant or a cafe, or maybe a

446
00:23:43,440 --> 00:23:46,639
Speaker 2: clothing shop or just on the street and younger people

447
00:23:46,840 --> 00:23:48,800
Speaker 2: you sort of and try and interact with them, and

448
00:23:48,840 --> 00:23:52,359
Speaker 2: they just give you this blank look like you're an alien. Oh,

449
00:23:52,840 --> 00:23:55,560
Speaker 2: it's apparently a thing. And people who text loads of

450
00:23:55,560 --> 00:23:58,000
Speaker 2: people texting and saying that they've experienced it. You haven't

451
00:23:58,040 --> 00:23:58,639
Speaker 2: experienced this.

452
00:23:58,800 --> 00:24:04,080
Speaker 13: No, I don't go into shops what prom long and

453
00:24:04,160 --> 00:24:05,919
Speaker 13: I don't I will you know what this could be

454
00:24:05,920 --> 00:24:08,439
Speaker 13: because I don't engage with the youth of today. True,

455
00:24:08,520 --> 00:24:09,400
Speaker 13: I'll just say.

456
00:24:09,320 --> 00:24:12,240
Speaker 2: You're a bad day, you're a bad example. But I

457
00:24:12,280 --> 00:24:18,120
Speaker 2: wonder because you understand them, evil old witch. But when

458
00:24:18,119 --> 00:24:21,119
Speaker 2: we were growing up, well, my mum would you know,

459
00:24:21,200 --> 00:24:23,240
Speaker 2: would basically beat you to a pulp if you didn't

460
00:24:23,280 --> 00:24:26,560
Speaker 2: smile at everyone that walked past, say hello and them

461
00:24:26,560 --> 00:24:27,120
Speaker 2: in the eye.

462
00:24:27,200 --> 00:24:30,320
Speaker 13: And you're right and in the cargo you know. Look,

463
00:24:30,320 --> 00:24:32,680
Speaker 13: I'm not saying that it doesn't happen in the North Island,

464
00:24:32,720 --> 00:24:34,840
Speaker 13: but because I'm from in Vercago, when I moved up

465
00:24:34,840 --> 00:24:37,680
Speaker 13: to Auckland, you know, and spent years and years in Auckland,

466
00:24:37,840 --> 00:24:40,480
Speaker 13: and even now when I go home to Vcago. People

467
00:24:40,480 --> 00:24:43,920
Speaker 13: are friendly young people, old people, and they actually engage.

468
00:24:43,960 --> 00:24:46,360
Speaker 13: And I find it like I think, oh my gosh,

469
00:24:46,800 --> 00:24:48,639
Speaker 13: how are you are you from? And they asked me

470
00:24:48,680 --> 00:24:51,879
Speaker 13: like fifty thousand questions. My inside voice is going, you

471
00:24:52,040 --> 00:24:54,080
Speaker 13: knows the old back to or your nosy young bat.

472
00:24:54,160 --> 00:24:55,720
Speaker 13: But it's actually quite notice.

473
00:24:56,080 --> 00:24:58,639
Speaker 2: Do you know what you are? You are a I

474
00:24:58,680 --> 00:25:01,240
Speaker 2: don't want to say how old. You're an older person

475
00:25:01,280 --> 00:25:03,639
Speaker 2: trapped in a gen Z. You're a gen Z person

476
00:25:03,680 --> 00:25:06,000
Speaker 2: trapped in an older person's body. That's for you. That's

477
00:25:06,040 --> 00:25:08,600
Speaker 2: what I am. At your core, your a gen Z.

478
00:25:08,760 --> 00:25:10,480
Speaker 13: Okay, I'm going to be really nice. I'm going to

479
00:25:10,640 --> 00:25:12,480
Speaker 13: do you know what, though I thought maybe you two,

480
00:25:12,760 --> 00:25:14,840
Speaker 13: I mean you and I are hanging around my hosting

481
00:25:14,880 --> 00:25:17,280
Speaker 13: too long because you know, he doesn't engage with anyone.

482
00:25:17,320 --> 00:25:18,159
Speaker 13: Maybe that's what it is.

483
00:25:18,160 --> 00:25:22,200
Speaker 2: I didn't think about that. But he's actually a gen

484
00:25:22,320 --> 00:25:23,600
Speaker 2: Z and an old man's body.

485
00:25:23,720 --> 00:25:25,800
Speaker 13: Oh yeah, an elderly person's body.

486
00:25:27,760 --> 00:25:27,920
Speaker 1: Right.

487
00:25:27,960 --> 00:25:30,280
Speaker 2: It is sixteen away from six year on news Talk ZB,

488
00:25:30,440 --> 00:25:33,560
Speaker 2: we'll get to London next. On the Starmas the Lens

489
00:25:33,600 --> 00:25:36,119
Speaker 2: get well, everyone from Europe is basically jumping on a

490
00:25:36,160 --> 00:25:39,200
Speaker 2: plane heading to Washington plus New Zealand about to hit

491
00:25:39,280 --> 00:25:43,200
Speaker 2: one trillion in debt All Ahead News Talk ZB Good

492
00:25:43,240 --> 00:25:45,840
Speaker 2: news for Milford this morning. They've just taken out the

493
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494
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495
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496
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Speaker 2: there's also morning Star's latest independent survey. You can find

497
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Speaker 2: that at Morningstar dot com dot au. This will show

498
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499
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500
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501
00:26:12,920 --> 00:26:16,080
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502
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Speaker 2: So why wouldn't you make the switch to Milford for

503
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504
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505
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506
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Speaker 2: Our past performance not a reliable indicator of future performance.

507
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Speaker 2: Milford Funds Limited is the issuer of the Milford Keewisaver Plan.

508
00:26:33,640 --> 00:26:37,359
Speaker 2: Please read the Milford KEEBSAVI Plan product disclosure statement at

509
00:26:37,400 --> 00:26:40,680
Speaker 2: Milford Asset dot com and before investing you may wish

510
00:26:40,760 --> 00:26:45,040
Speaker 2: to seek financial advice. For more information on Milford's advice services.

511
00:26:45,440 --> 00:26:48,760
Speaker 2: To see their financial advice provider disclosure statement, please visit

512
00:26:48,800 --> 00:26:52,280
Speaker 2: Milford Asset dot com slash getting Dash Advice.

513
00:26:53,400 --> 00:26:57,280
Speaker 1: International correspondence with NS and Eye Insurance Peace of Mind

514
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Speaker 1: for New Zealand Business.

515
00:27:00,119 --> 00:27:01,880
Speaker 2: You're on news talk to you, but it's twelve to six.

516
00:27:01,920 --> 00:27:04,359
Speaker 2: Half the leaders of Europe are heading two Washington with

517
00:27:04,440 --> 00:27:07,240
Speaker 2: Zolensky this for a meeting with Trump over Ukraine. And

518
00:27:07,280 --> 00:27:10,560
Speaker 2: Gavin Gray is our UK europe correspondent. What are we

519
00:27:10,680 --> 00:27:12,320
Speaker 2: hearing from Zelenski?

520
00:27:13,320 --> 00:27:16,439
Speaker 14: Well, at the moment that I think he's pretty pleased

521
00:27:16,480 --> 00:27:19,600
Speaker 14: that they are going to be joining him. The fear

522
00:27:19,720 --> 00:27:23,120
Speaker 14: I think all of the European leaders have, and President

523
00:27:23,280 --> 00:27:26,160
Speaker 14: Zelenski as well, is that in some way the press

524
00:27:26,160 --> 00:27:29,440
Speaker 14: conference might be ambushed, as he was ambushed before at

525
00:27:29,440 --> 00:27:32,000
Speaker 14: the White House when it led to that really unpleasant

526
00:27:32,040 --> 00:27:34,320
Speaker 14: scene of him being criticized for what he was wearing,

527
00:27:34,560 --> 00:27:37,080
Speaker 14: being told he didn't have the cards, and really being

528
00:27:37,080 --> 00:27:39,359
Speaker 14: male to look very very small in that room. And

529
00:27:39,400 --> 00:27:41,960
Speaker 14: I think you're really saying, look, we are there with you.

530
00:27:42,040 --> 00:27:45,800
Speaker 14: We're going to show solidarity whatever happens. As a result

531
00:27:45,800 --> 00:27:48,959
Speaker 14: of these negotiations with Russia. But what's incredible is this

532
00:27:49,000 --> 00:27:52,600
Speaker 14: isn't just you know, the European Commission meeting along with

533
00:27:52,720 --> 00:27:57,120
Speaker 14: President Zelenski. This is a number of European leaders going.

534
00:27:57,160 --> 00:27:59,359
Speaker 14: It's almost quicker to tell you who isn't going, but

535
00:27:59,400 --> 00:28:02,199
Speaker 14: it's the UK Prime Minister Sirkir Starmer, the French President

536
00:28:02,200 --> 00:28:05,800
Speaker 14: Emanual Matt Crant, German Chancellor Fredi Muz There's all sours

537
00:28:05,800 --> 00:28:11,280
Speaker 14: going along with the European Commissioned President Ursula Vonderline, and

538
00:28:11,359 --> 00:28:13,119
Speaker 14: I think they all want to try and show that

539
00:28:13,160 --> 00:28:16,000
Speaker 14: they are part of the process. Ukraine is on Europe's

540
00:28:16,040 --> 00:28:18,159
Speaker 14: border and they want to try and protect it. The

541
00:28:18,280 --> 00:28:22,919
Speaker 14: question is will Vladimir Putin be listening, will Donald Trump

542
00:28:22,960 --> 00:28:25,520
Speaker 14: be listening? And what effect will it have on this process?

543
00:28:25,800 --> 00:28:28,359
Speaker 2: Keevin appreciate that, thanks for the update. That meeting taking

544
00:28:28,400 --> 00:28:30,960
Speaker 2: place tomorrow morning our time. It's just going to living

545
00:28:31,000 --> 00:28:34,880
Speaker 2: away from six now, Ryan Bridge, someone hit the alarm bell.

546
00:28:34,920 --> 00:28:37,160
Speaker 2: Will your new data shows we're on track to hit

547
00:28:37,280 --> 00:28:41,280
Speaker 2: one trillion in national debt within three years. Current debt

548
00:28:41,320 --> 00:28:43,479
Speaker 2: stands at eight hundred and seventy billion. This is across

549
00:28:43,480 --> 00:28:46,080
Speaker 2: the both private and public on average, that's about one

550
00:28:46,160 --> 00:28:50,080
Speaker 2: hundred and sixty three thousand per KIWI. Brad Olsen is

551
00:28:50,080 --> 00:28:52,760
Speaker 2: Infametric's principle economist with us this morning, bread, good morning,

552
00:28:53,480 --> 00:28:56,440
Speaker 2: Good morning. It's I mean, it sounds an alarming figure,

553
00:28:56,520 --> 00:28:56,800
Speaker 2: is it.

554
00:28:58,160 --> 00:29:00,640
Speaker 8: I mean, it always feels alarming when you're sort of

555
00:29:00,680 --> 00:29:04,600
Speaker 8: talking in the hundreds of billions of dollars, and it is.

556
00:29:04,920 --> 00:29:07,040
Speaker 8: But I think as well, this is the money that

557
00:29:07,080 --> 00:29:10,360
Speaker 8: we often are using for a lot of quite important purposes.

558
00:29:10,480 --> 00:29:13,320
Speaker 8: This is what people are using when they get a

559
00:29:13,440 --> 00:29:16,080
Speaker 8: mortgage to buy a house. It's what the government uses

560
00:29:16,400 --> 00:29:20,200
Speaker 8: to invest in critical infrastructure. It's what businesses use to

561
00:29:20,280 --> 00:29:23,440
Speaker 8: invest in new plant and equipment. So it does sound

562
00:29:23,560 --> 00:29:26,800
Speaker 8: like a scary number, but it is important in many ways.

563
00:29:27,080 --> 00:29:30,800
Speaker 8: The challenges is our debt sustainable, not necessarily if it's

564
00:29:30,880 --> 00:29:33,840
Speaker 8: big or small or anything else. And I guess on

565
00:29:33,920 --> 00:29:37,120
Speaker 8: that metric, it's fascinating to see that. You know, yes,

566
00:29:37,160 --> 00:29:40,080
Speaker 8: we've continued to see it grow, but in recent times

567
00:29:40,120 --> 00:29:42,560
Speaker 8: it has been growing at a slower pace. And I

568
00:29:42,560 --> 00:29:45,000
Speaker 8: think that that's part of this or almost sort of

569
00:29:45,040 --> 00:29:48,280
Speaker 8: economic right sizing that we're seeing at the moment as

570
00:29:48,280 --> 00:29:51,640
Speaker 8: we go through that sort of post COVID hangover period

571
00:29:52,040 --> 00:29:55,840
Speaker 8: for government, for businesses, for households, everyone's going just how

572
00:29:55,920 --> 00:29:58,440
Speaker 8: much debt do I need? How much can I afford?

573
00:29:58,520 --> 00:30:00,760
Speaker 8: And what does that all mean? Coming up other side.

574
00:30:00,960 --> 00:30:04,000
Speaker 2: Also, we've had house prices that are either falling or flat,

575
00:30:04,000 --> 00:30:06,800
Speaker 2: which means you're not borrowing as much, which makes up

576
00:30:06,840 --> 00:30:07,600
Speaker 2: a lot of this right.

577
00:30:08,840 --> 00:30:11,360
Speaker 8: Yes, that's definitely true, and I think that's why you've

578
00:30:11,400 --> 00:30:14,160
Speaker 8: seen for some of the household figures that things haven't

579
00:30:14,200 --> 00:30:17,800
Speaker 8: gotten quite as intense in terms of further growth as

580
00:30:17,840 --> 00:30:20,640
Speaker 8: we've seen a couple of years back. You look at

581
00:30:20,640 --> 00:30:23,720
Speaker 8: the likes of house prices at the moment still sitting oh,

582
00:30:23,800 --> 00:30:26,840
Speaker 8: what's seventeen twenty percent below their peak.

583
00:30:27,160 --> 00:30:28,320
Speaker 2: We know as well that.

584
00:30:28,720 --> 00:30:31,600
Speaker 8: You know, in recent times, people haven't been quite as

585
00:30:31,680 --> 00:30:33,600
Speaker 8: keen to get out and buy. Yes, there's been a

586
00:30:33,640 --> 00:30:36,520
Speaker 8: lift in sales over the last year, but with those

587
00:30:36,560 --> 00:30:39,400
Speaker 8: lower prices again people just trying to sort of find

588
00:30:39,400 --> 00:30:42,880
Speaker 8: the new goldilock zone for how much they're willing to invest.

589
00:30:43,120 --> 00:30:44,920
Speaker 8: And I think that the area that I found most

590
00:30:44,920 --> 00:30:47,280
Speaker 8: interesting was you look into some of those sort of

591
00:30:47,280 --> 00:30:50,160
Speaker 8: business investment figures, and that's an area where you do

592
00:30:50,400 --> 00:30:53,360
Speaker 8: generally actually want a bit more growth. You don't want

593
00:30:53,400 --> 00:30:55,840
Speaker 8: it to be completely unstoppable, but you want to know

594
00:30:55,920 --> 00:30:59,720
Speaker 8: that businesses are comfortable have access to capital so they

595
00:30:59,760 --> 00:31:02,800
Speaker 8: can invest, you know, in new manufacturing techniques and new

596
00:31:02,840 --> 00:31:05,680
Speaker 8: technology so that we can get more productive over time.

597
00:31:05,760 --> 00:31:10,200
Speaker 8: So some concerning numbers in the data, some optimistic numbers

598
00:31:10,240 --> 00:31:13,160
Speaker 8: in other places, but overall, yes, the debt pile is

599
00:31:13,200 --> 00:31:16,240
Speaker 8: getting bigger, but not at the same pace it was before.

600
00:31:16,280 --> 00:31:18,440
Speaker 8: And that's probably not a bad position to be.

601
00:31:18,560 --> 00:31:21,240
Speaker 2: In, in a word, because we are at a time, Brad,

602
00:31:21,240 --> 00:31:25,800
Speaker 2: but how do we compare with the rest of the world? Good, bad, ugly, better,

603
00:31:26,280 --> 00:31:30,040
Speaker 2: but still not comfortable. Appreciate your time, Brad Olson, Infametrics,

604
00:31:30,080 --> 00:31:33,840
Speaker 2: Principal Economist. Eight to six News Talk SBB Mike Hosking

605
00:31:33,920 --> 00:31:36,280
Speaker 2: here next the news.

606
00:31:36,000 --> 00:31:38,960
Speaker 1: You need this morning and the in depth analysis early

607
00:31:39,160 --> 00:31:42,840
Speaker 1: edition with Ryan Bridge and one Root Love where you

608
00:31:42,960 --> 00:31:43,920
Speaker 1: Live News Talks.

609
00:31:43,920 --> 00:31:45,760
Speaker 2: There'd be talking to your Monday. It's just gone six

610
00:31:45,800 --> 00:31:47,760
Speaker 2: away from six. If you didn't see it. At the weekend,

611
00:31:47,840 --> 00:31:50,680
Speaker 2: there was a dance off between Christopher Luxe and Chris Hipkins,

612
00:31:50,880 --> 00:31:53,720
Speaker 2: and I think Luxon. You'd have to give it to

613
00:31:53,800 --> 00:31:59,040
Speaker 2: Luxeon because purely out of enthusiasm. But pointing your fingers

614
00:31:59,080 --> 00:32:02,000
Speaker 2: in the air and clapping does not a dance, mate,

615
00:32:02,080 --> 00:32:04,280
Speaker 2: I don't think you can't call it dancing, but I

616
00:32:04,320 --> 00:32:06,960
Speaker 2: suppose at least they were trying Mike's in the studio

617
00:32:07,000 --> 00:32:08,760
Speaker 2: with us. Mike, who would you give it to?

618
00:32:09,320 --> 00:32:13,280
Speaker 15: I gave it to. I read Stuff's account and that

619
00:32:13,760 --> 00:32:16,800
Speaker 15: tells you everything you need to know about them. Overtly

620
00:32:17,080 --> 00:32:20,840
Speaker 15: left leaning because they suggested Hipkins was the better dancer.

621
00:32:20,520 --> 00:32:21,720
Speaker 2: You can't. They were wrong.

622
00:32:21,760 --> 00:32:22,280
Speaker 15: They were wrong.

623
00:32:22,320 --> 00:32:24,840
Speaker 2: He was barely moving, He didn't go to the front

624
00:32:24,840 --> 00:32:26,640
Speaker 2: of the stage when he was invited. They got it

625
00:32:26,760 --> 00:32:29,920
Speaker 2: more reserved that that doesn't make you a better dance

626
00:32:30,560 --> 00:32:33,720
Speaker 2: What is up with it's men? When you when someone

627
00:32:33,720 --> 00:32:36,840
Speaker 2: says dance, don't move your hands, move your hips.

628
00:32:37,160 --> 00:32:40,160
Speaker 15: It's a generational thing that there's an entire generation of

629
00:32:40,200 --> 00:32:43,760
Speaker 15: white New Zealand males who can't, who simply can't dance.

630
00:32:43,800 --> 00:32:46,440
Speaker 2: Can you, of course not? Did you do folk dancing?

631
00:32:48,120 --> 00:32:51,160
Speaker 15: We did folk dancing at school and that was you know,

632
00:32:51,200 --> 00:32:53,120
Speaker 15: like the doc do and all that sort of stuff.

633
00:32:53,320 --> 00:32:55,320
Speaker 2: We did a bit of hip hop and R and B. Yeah,

634
00:32:55,360 --> 00:32:56,360
Speaker 2: we did, we did.

635
00:32:56,560 --> 00:32:58,480
Speaker 15: We did disco hip hop R and B, and we

636
00:32:58,520 --> 00:33:01,040
Speaker 15: all say, like the school disco was the world's most

637
00:33:01,040 --> 00:33:04,040
Speaker 15: embarrassing thing because not even as a kid, you couldn't dance,

638
00:33:04,080 --> 00:33:05,760
Speaker 15: and you didn't want to dance, and the girls sort

639
00:33:05,800 --> 00:33:07,400
Speaker 15: of could, but you couldn't, and the whole thing.

640
00:33:07,600 --> 00:33:09,479
Speaker 2: I've always been quite proud of the fact that I

641
00:33:09,560 --> 00:33:13,480
Speaker 2: can move my hips as a as a as a

642
00:33:13,480 --> 00:33:17,040
Speaker 2: white talking to zealand taking it up. I can move

643
00:33:17,080 --> 00:33:19,520
Speaker 2: my hips, which seems to be everybody else seems to

644
00:33:19,560 --> 00:33:22,240
Speaker 2: be paralyzed from the belly button down. All you need to.

645
00:33:22,160 --> 00:33:24,320
Speaker 15: Do is stand in front of video camera, put it

646
00:33:24,320 --> 00:33:25,080
Speaker 15: out there and let's see.

647
00:33:25,200 --> 00:33:27,200
Speaker 2: Let's see there's actually one in the studio here, Mike,

648
00:33:27,240 --> 00:33:30,160
Speaker 2: do you want to see No, I would you like

649
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Speaker 2: me to gyrate for you on a Monday morning?

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Speaker 15: No, No, Monday would have been Thursday, maybe into a Friday,

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Speaker 15: maybe Monday. It's too much. Christopher Luxen in the studio.

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Speaker 2: See what you can make happen? Looking forward to that.

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Speaker 2: Mike Hosking is next four to six fell.

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Speaker 1: Full Space from a stupen latue.

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Speaker 2: Mister Lue.

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Speaker 8: I you.

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Speaker 1: For more Famarlily edition with Ryan Bridge. Listen live to

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Speaker 1: Newstalk setb from five am weekdays, or follow the podcast

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00:34:09,120 --> 00:34:10,040
Speaker 1: on iHeartRadio