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Speaker 1: Pressing the newswakers to get the real story. It's Andrew Dickenson.

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Speaker 1: Hither Dupei to sellen drive with one New Zealand. Let's

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Speaker 1: get connected. News Talks b.

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Speaker 2: Good afternoon, New Zealand. It's the thirty first of July.

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Speaker 2: Welcome to the program. My name is Andrew Dickens. Today,

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Speaker 2: how many layers of bureaucracy are in Health in New Zealand?

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Speaker 2: Are we just going back to the head of Simpson

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Speaker 2: model and how much information financially did Health New Zealand collect.

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Speaker 2: We'll talk to someone who ought to know this sort

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Speaker 2: of stuff. The former chair, Rob Campbell is on after five.

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Speaker 2: The Philip polkinghorn case continues today, a good hard look

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Speaker 2: at the rope and Chelsea Daniels with reports after five

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Speaker 2: thirty this afternoon. And our shipping route's about to shock

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Speaker 2: our economy again. What's happening in the Red Sea? Josh

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Speaker 2: Tan from Export New Zealand has some warnings for us,

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Speaker 2: and he's joining me after six. You can text me

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Speaker 2: on ninety two ninety two. You can email Dickens at

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Speaker 2: Newstalks zeb dot co dot m Z. It is eight

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Speaker 2: after four.

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Speaker 3: News Talks.

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Speaker 2: Hey, it's tax cut Day. And inflation seems to be easy,

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Speaker 2: and the ccfa's have gone, and the loans to value

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Speaker 2: ratio have gone, and retail banks are pressuring the Reserve

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Speaker 2: Bank to drop the official cash rate. All of a sudden,

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Speaker 2: it seems like the dark days are behind us, which

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Speaker 2: obviously they aren't. But we've got some wins. We are

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Speaker 2: winning the battle against inflation. And that's even before this

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Speaker 2: government's curbs on government spending really kick in. It's happening

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Speaker 2: because that's the Reserve Bank's job, and they've been crushing

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Speaker 2: our economy for quite some time now, even before the election,

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Speaker 2: and it looks like finally it's starting to work. And

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Speaker 2: I always laugh at how people go quite excited about

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Speaker 2: inflation dropping and they keep going, well, things are going

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Speaker 2: to get easier to afford, but they're not. They're just

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Speaker 2: not getting more expensive than they were before. Because inflation

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Speaker 2: is constant. Everything is always getting more expensive, it's just

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Speaker 2: how quickly and how much at any one time. So

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Speaker 2: this cost of living crisis, even with inflation going down,

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Speaker 2: will still grind on because prices still go up, and

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Speaker 2: it will grind on until you get more pay And

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Speaker 2: having just been through a pay negotiation, I can tell

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Speaker 2: you that's not really happening in this climate. Really, And

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Speaker 2: on the interest rate front, we all really have to

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Speaker 2: remind ourselves that they're actually not historically high. They are

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Speaker 2: half the heights that we had after the GFC, A

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Speaker 2: quarter of what I paid when I was taking out

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Speaker 2: my first loan all those years ago. That's not to

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Speaker 2: say they don't hurt, but they are on the way down,

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Speaker 2: we think. But here's the thing. If we're pining for

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Speaker 2: the days of the really low interest rates, that's not

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Speaker 2: a good thing either, because making money so available during

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Speaker 2: the pandemic with the low, low, low low interest rates

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Speaker 2: is what put us on the inflation path in the

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Speaker 2: first place. And to solve that, we know what, we

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Speaker 2: have to have some high interest rates. So it's a

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Speaker 2: balancing act. So some good news, So some green shoots,

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Speaker 2: I reckon. We're in the last third of the tunnel.

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Speaker 2: It's a bit dark and it's still a bit spidery,

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Speaker 2: but look we can see the light. What the time

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Speaker 2: is Now is the time to start telling ourselves that

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Speaker 2: this country is not in ruins, that this country is

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Speaker 2: our great country, this country has a good future, and

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Speaker 2: we need to start getting our mojo back Z to me. So,

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Speaker 2: there are a whole load of moves from the government

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Speaker 2: today and one of the latest is making it easier

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Speaker 2: to access loans. And that's with the Credit Contracts and

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Speaker 2: Consumer Finance Act, otherwise known as the Triple CFA, and

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Speaker 2: that's officially been scrapped. That's the one with the bags,

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Speaker 2: asked you how much smashed avocado you ate, and then

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Speaker 2: decided to take away your loan. Now, while some are

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Speaker 2: celebrating about the home loan side of it, others worry

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Speaker 2: about what it might mean for people accessing smaller loans

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Speaker 2: who were always affected the most in the first place.

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Speaker 2: So Sasha Lockily is the chief executive of Social Lender

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Speaker 2: Money Social Lender Money sweet Spot, and she joins me. Now, Sessha, Hello, Hello,

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Speaker 2: how are you very good? Okay? Is this good news

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Speaker 2: for people wanting first termes, first.

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Speaker 4: Up, first times? Yes, absolutely, demand's going to go up.

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Speaker 4: I like your analogy. We are seeing the light at

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Speaker 4: the end of the tunnel.

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Speaker 5: I'm with you.

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Speaker 4: I'd vote for you if you were in our government.

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Speaker 4: That sounded like a great speech there, but I am

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Speaker 4: still concerned because we're seeing, you know, the regulations have

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Speaker 4: gone today around their affordability requirements. No more avocados. But

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Speaker 4: what I already see is there are lots of people

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Speaker 4: already on affordable debts that were able to access back

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Speaker 4: credit anyway. So I'm worried that the relaxation of the

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Speaker 4: requirements may mean that people can get in debt that

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Speaker 4: they can't afford. And that's because actually people believe what

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Speaker 4: banks for finance companies will tell them around their own

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Speaker 4: level of affordability. If you go to some of the

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Speaker 4: some of the bad actors in this financial financial system,

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Speaker 4: they may say, yes, absolutely, you can afford it, when

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Speaker 4: actually that's they're not living that life, and maybe people can't.

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Speaker 2: So here's my thing about the triple C if they

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Speaker 2: rules right, they were drawn up. They were drawn up

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Speaker 2: really to stop loan sharks, you know. But it also

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Speaker 2: stopped banks from issuing smaller loans, which was an unforeseen

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Speaker 2: thing from the whole a whole tak okay ironically, because

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Speaker 2: they couldn't get the loans on the banks because the

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Speaker 2: bank's actually policed it harder. That drove people back to

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Speaker 2: loan sharks again. So surely scrapping the cc IF is

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Speaker 2: still a bitter situation than keeping it don't you think.

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Speaker 4: Yeah, I think it's a balancing act. Like you said,

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Speaker 4: I think we shouldn't have compliance that adds cost to consumers.

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Speaker 4: And that's what happened, and there were some unintended consequences.

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Speaker 4: But I really think that we we've seen in the

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Speaker 4: past that people will go to the place where they

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Speaker 4: can get yes. You mentioned in your in your chats

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Speaker 4: for that. People are still having tricky situations and they

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Speaker 4: need to find ways to pay. So I'll go where

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Speaker 4: that we'll say the guests and historically and now, there

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Speaker 4: are some lenders that are more likely to say yes

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Speaker 4: that may not always have your best interest at heart,

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Speaker 4: because at the end of the day, lenders make money

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Speaker 4: out of people being in debt, don't I.

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Speaker 2: Yes, but most people, most people do have some financial knowledge,

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Speaker 2: most people don't make mistakes, most people don't as silly, right,

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Speaker 2: but absolutely, But these rules, so this rule is for

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Speaker 2: a minority, and we need to find a balance with

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Speaker 2: these rules between making it easier to exeous loans for

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Speaker 2: those people who are financially literate, but also protecting vulnerable

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Speaker 2: people from spiraling into too much dits. So how do

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Speaker 2: you do that?

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Speaker 4: Yeah, Well, I think there's a couple of things. I

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Speaker 4: think the Comms Commission has a big role to play

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Speaker 4: around the bad access. I mean, look, I've worked at

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Speaker 4: the Series Sport office, I've worked with a big lender

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Speaker 4: and now the startup lender. I don't want massively high

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Speaker 4: cost of compliant because I don't want to pass them

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Speaker 4: on to my customers, and I just want to lend

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Speaker 4: money out. I think I'll get back house, I'll be bankrupt,

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Speaker 4: and so would an entire sector. So I think the

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Speaker 4: balance is around most vulnerable consumers and having support they need,

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Speaker 4: so having this sort of financial mentors and communities, having

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Speaker 4: that education be there, and having an avenue to complain

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Speaker 4: as things have gone wrong. Push You're right, we don't

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Speaker 4: need to protect an esteme. Everybody's then, you know, has

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Speaker 4: a low level. You know, we just need to have

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Speaker 4: it sensible and pragmatic and loving the fact that we'll

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Speaker 4: be able to get more people into their first homes,

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Speaker 4: making sure that we can have innovation pattern so that

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Speaker 4: we can have new entrance to this financial services market,

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Speaker 4: because the cost of complaints stops with innovating as well,

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Speaker 4: aren't Look, we're a small business too.

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Speaker 2: I know a bloke who had to spend ten thousand

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Speaker 2: dollars on a route leak in his roof. He didn't

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Speaker 2: have anyone to get a loan. Oh my goodness me.

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Speaker 2: The bank gave him the fourth degree. So it's good

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Speaker 2: that that goes. Because he had the wherewith all, he

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Speaker 2: had the ability, So this is a good thing. Hey, SASA,

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Speaker 2: thank you so much for all the good work you

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Speaker 2: do for people, says as the co founder and chief

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Speaker 2: executive of social lender money sweet Spot. While we're talking

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Speaker 2: about money, quickly, the Australian An, your rate of inflation

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Speaker 2: has risen to three point eight percent, up from three

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Speaker 2: point six percent at the start of the year. Here

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Speaker 2: in New Zealand, we're at four percent in the twelve

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Speaker 2: months to our twenty twenty four so actually, things aren't

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Speaker 2: that much better across the ditch in terms of inflation.

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Speaker 2: This the RBA board over there will now meet on

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Speaker 2: Monday and Tuesday to discuss what to do with the

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Speaker 2: interest rates. Their cash rate target is currently four point

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Speaker 2: three five percent, and people are saying, well, maybe they'll

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Speaker 2: lift it to four point six percent. That will be

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Speaker 2: the fourteenth hike in this economic cycle. So here's the rub.

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Speaker 2: Then the pressure really goes on Albanezi who's starting to

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Speaker 2: tank in the polls. He's starting to get some bad

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Speaker 2: economic information and the speculation is that he might start

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Speaker 2: thinking about an early election. She's all go across the ditch.

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Speaker 2: But next Darcy Watergrave on Sport on News Talks NB.

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Speaker 3: Digging deeper into the day's headlines.

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Speaker 1: It's hither duperic Allen drive with one New Zealand one

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Speaker 1: giant leap for business, UTH TALKSB.

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Speaker 2: Now stalks MB. It's eighteen minutes out of started to

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Speaker 2: talk Sport and Darcy Watergrave was already talking to me.

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Speaker 2: Of course I was, and we were talking us.

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Speaker 6: For the warning that you're turning the mic on Andrew

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Speaker 6: love your work. I could have been saying anything.

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Speaker 2: Where you were you're talking about you're talking about puffa

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Speaker 2: jackets and hats.

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Speaker 6: I actually talking about. You were mentioning the OUDI day

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Speaker 6: down at the Snowfalls and I did a Mercedes day

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Speaker 6: a few years back, stunning. It was a whole weekend.

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Speaker 6: It was amazing.

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Speaker 2: Hello, I would like to be invited to thinks very much.

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Speaker 6: Powered Cars of the Ice brilliant.

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Speaker 2: We got a gold medal finally, but I kind of

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Speaker 2: thought we would you know what I found amazing that

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Speaker 2: in the final four we've got USA in Canada. And

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Speaker 2: you know what I found amazing about the men's that

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Speaker 2: it was won by France. And all that suggests to

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Speaker 2: me is that the whole world's evening up the catching art.

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Speaker 6: It's a global competition now and so we're seeing that

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Speaker 6: it wasn't just a runaway train. But the New Zealanders

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Speaker 6: were warmish favorites. But when the Australians got steamed, and

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Speaker 6: the look on their faces when they got beaten and

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Speaker 6: the bronze medal matches, I mean, you got a feel

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Speaker 6: for them because it was going to be Australia and

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Speaker 6: that was apparently the final and it didn't happen. But

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Speaker 6: you've got to take your hat off to both the

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Speaker 6: United States and Canada and the way they played it was.

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Speaker 6: There were a couple of fantastic matches, but there's just

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Speaker 6: that extra bit of class, that extra bit of twist

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Speaker 6: and that extra bit of speed. And you look at

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Speaker 6: Blide and the way she turned and ran, Wow, stunning

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Speaker 6: and mongrel.

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Speaker 2: You know, our team is prepared to go right up

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Speaker 2: the guts and do it hard, and then suddenly it

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Speaker 2: also turn on you know the Superchargers and do the

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Speaker 2: fancy stuff. They're all round game.

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Speaker 6: I felt for Poorshaw woman with Cliff when she got

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Speaker 6: two minutes in the bin for the tackle that caused

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Speaker 6: her was a head clash, so I think there's any

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Speaker 6: malice in that, but I thought, no, not, don't end

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Speaker 6: your Olympic and Seven's career like that.

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Speaker 2: There is is a TikTok video that went round today

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Speaker 2: which is portial woman being a beast in many different ways,

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Speaker 2: including at one point where she just charges into a

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Speaker 2: player who tries to tackle her, so she just picks

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Speaker 2: them up and keeps running with with the woman under

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Speaker 2: her arms. She will be a sad lost to our

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Speaker 2: on field game, but great off field.

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Speaker 6: Yeah, and a wonderful career. And I remember talking to

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Speaker 6: a couple of weeks back and said, what are you

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Speaker 6: going to do nowt because I know I've got my

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Speaker 6: whole life ahead of me. I'm only young. I don't

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Speaker 6: know what I'm going to take up next. I'm like,

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Speaker 6: she's a neat ball. And then she went to try

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Speaker 6: sevens and I think we're all very pleased.

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Speaker 7: That you didn't.

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Speaker 2: I'm getting messages coming through saying I don't forget Andrew.

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Speaker 2: The French men's team had the world's greatest player in

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Speaker 2: Antoine du Pont, and some are saying the greatest of

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Speaker 2: all time, better than Dan Carter, better than everybody. It

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Speaker 2: has decided best at the fifteens and at the sevens,

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Speaker 2: best in all sorts of positions. Antoine DuPont is the man.

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Speaker 6: Who actually decided that. Because the guy who wrote it,

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Speaker 6: see the debate has ended. I messaged him back on Twitter.

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Speaker 6: I said I wasn't where there was a debate. All

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Speaker 6: is this a debate in your own head? Is it?

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Speaker 8: Yes?

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Speaker 9: It is?

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Speaker 6: Yeah, good luck with that mate. Of course it got

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Speaker 6: printed over here. And there's nothing better than someone suggesting

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Speaker 6: there's someone else better at rugby than New Zealand to

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Speaker 6: trigger all the kiwis.

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Speaker 2: So I think he wrote it thinking this is Steve Darcy.

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Speaker 2: Mm hmm.

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Speaker 6: I wish he knew about me. It would be great,

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Speaker 6: But no, put it. They don't get that. But you can't.

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Speaker 6: There's no such thing as a goat unless you're talking

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Speaker 6: about Richie mcaughn.

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Speaker 2: Now we're after yeah, okay, there we go, Okay, we're

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Speaker 2: after to powis Michael Burgess who's there the triathem as

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Speaker 2: going ahead. It doesn't and I'm sure it doesn't even

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Speaker 2: matter about the water quality. The water quality is at

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Speaker 2: least that they worries. Now it's the heat.

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Speaker 6: Well, at least they're in the water and they won't

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Speaker 6: get heat stroke for a third of the race because

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Speaker 6: I'm presuming that the film across the top of the

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Speaker 6: scene won't let any of it get in.

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Speaker 2: It's hard enough it could actually set fire.

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Speaker 6: Why do you found out that they spend two point

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Speaker 6: four billion New Zealand dollars on cleaning the scene up

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Speaker 6: because no one could swim it at the last our

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Speaker 6: one hundred and.

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Speaker 2: Most of it's a monitoring as well, not on new pipes.

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Speaker 2: So yeah, okay, so the heat, but.

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Speaker 6: The water flow has gone down so it's no longer

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Speaker 6: over a meter per seconds, so they can have it.

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Speaker 6: Apparently they tested this morning at three thirty in the morning,

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Speaker 6: said it's okay, we're going to go. So six o'clock

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Speaker 6: the women are off and then the men are off

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Speaker 6: a few hours later.

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Speaker 2: Okay, so it will be a great event or is

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Speaker 2: the possibility of a disaster really well?

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Speaker 6: Fingers crossed. You never know. It's a bit of controversial

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Speaker 6: Olympic games to keep us happy. But I think when

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Speaker 6: it comes to viewing triathon as a fantastic event to

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Speaker 6: look at. So you say anything about the French and

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Speaker 6: their Olympics, I think they've covered it very well when

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Speaker 6: it comes to their their camera work and the like.

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Speaker 2: What do you got tonight?

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Speaker 6: We've got Ruby Twoey joining us on the program up

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Speaker 6: after seven o'clock. Ruby one the silver with seven steam

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Speaker 6: back in Rio and then last time around and took

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Speaker 6: Yo picked up the gold medal. So she's sitting at

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Speaker 6: home watching her fellow well beating White Hanna do it again,

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Speaker 6: so we'll get some great thought on her. Yes, she's

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Speaker 6: a fantastic character. Ruby too great.

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Speaker 2: Thank you, Thank you.

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Speaker 3: The name you trust to get the answers you need.

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Speaker 1: Andrew Dickens on Heather Dup to see Ellen drive with

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Speaker 1: one New Zealand let's get connected and news talk instead be.

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Speaker 2: For twenty six. Rob Campbell after five text comes through,

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Speaker 2: won't be listening to that labor loving man. It was

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Speaker 2: a total failure in his own old role. So why

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Speaker 2: I ask him for Revice? Well, the problem with Rob

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Speaker 2: Campbell is that, yeah, he used to be a union leader.

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Speaker 2: He was a socialist, I get that. But then he

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Speaker 2: left the union movement and became involved with governance, and

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Speaker 2: he became one of the most sought after people to

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Speaker 2: put on boards because he knew his stuff. He found

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Speaker 2: a new strength that he didn't know he had before,

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Speaker 2: and then people started recognizing that. That's why he was

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Speaker 2: shoulder tapped by all parties to do various jobs for governance,

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Speaker 2: including the big one, which is health in New Zealand.

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Speaker 2: So I would never say because of Rob's politics that

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Speaker 2: he doesn't know what he's talking about. That he knows

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Speaker 2: an awful lot about what he's talking about. But whatever

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Speaker 2: everyone's biased, Shane Retty is biased towards national strange enough

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Speaker 2: because he's a national guy. So if Rob's bias, you

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Speaker 2: can sort out what the truth is between them. Now, hey,

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Speaker 2: there is a new national survey in America. It's by

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Speaker 2: Florida Atlantic University of Main Street. It reveals that Kamala

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Speaker 2: Harris and President Trump are in a statistical tie at

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Speaker 2: forty six percent each amongst all voters. Now, obviously, nationwide

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Speaker 2: poles are not a good reader things because of the

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Speaker 2: whole US electoral college system. It means that individual states

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Speaker 2: would power make all the difference. But still it is

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Speaker 2: interesting that despite changing horses mid stream in a lesser

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Speaker 2: democratic way, the Democrats support has not fallen off the

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Speaker 2: cliff and the Harris Trump race will be a dooozy.

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Speaker 2: And the pole also highlights complex views on democracy amongst Americans,

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Speaker 2: including Donald Trump's surprisingly large lead with eighteen to thirty

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Speaker 2: five year odds. So we'll talk more about this with

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Speaker 2: the full details of that pole with Dan Mitchison, who's

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Speaker 2: with us in fifteen minutes time. I'm Andrew Dickinson for

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Speaker 2: Heather Dupissy Allen, who's on holiday back on Monday.

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Speaker 1: On your smart speaker, on the iHeart app and in

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Speaker 1: your car on your drive home. It's Andrew Dickens on

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Speaker 1: Heather Duplicy Allan drive with one New Zealand.

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Speaker 3: Let's get connected and you talk zibby. Surely you can them.

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Speaker 2: After Welcome to the program for the last day of July.

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Speaker 2: And my name is Andrew Dickinson for Heather who's back

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Speaker 2: on Monday. Got a text through which I'm thinking about

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Speaker 2: right now. What do you think somebody says it's excellent

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Speaker 2: that Terry Browning, the Speaker of the House insisted that

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Speaker 2: ACT MPs remove their party logo pins as required by

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Speaker 2: standing orders. Because my text are always thought that David Seymour,

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Speaker 2: who's a very keen pin where it always looked a

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Speaker 2: bit silly with an ACT badge on his suit lapel

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Speaker 2: and I went, have we really got standing orders that

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Speaker 2: bans lapel pins that designate the party you represent and

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Speaker 2: stand for? Are they really banned from the House of Parliament?

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Speaker 2: What a ridiculous rule? Because we know who we voted for,

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Speaker 2: That's why they're there. David Seymour represents ACT. If you

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Speaker 2: voted for them, you voted ACT. So if he's wearing

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Speaker 2: something that says ACT on his suit, which is a

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Speaker 2: little little, we tiny lapel pin, what's the problem. And

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Speaker 2: when you start talking about the lapel then you start

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Speaker 2: talking about all the people from the National Party who

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Speaker 2: wear blue ties. Then you've got all the people from

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Speaker 2: the Labor Party who wear red ties, and all the

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Speaker 2: people as we saw with James Shaw who always wore

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Speaker 2: a green tie. Are we going to start banning that

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Speaker 2: as well? What happened to freedom of speech and expression?

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Speaker 2: So I thought, is this really a standing order on this?

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Speaker 2: So I've been searching it during the news. I haven't

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Speaker 2: found it yet, but what I have found, ironically is

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Speaker 2: a standing order's enamel pin that you can wear your

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Speaker 2: suit lapel depicting the New Zealand Standing Orders twenty twenty

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Speaker 2: which bans la pel pins in the house at one

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Speaker 2: point five centimeters tall with a butterfly clasp back. And

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Speaker 2: you can buy one from this from the Pilment's store

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Speaker 2: for five dollars and fifty cents. It's twenty three to five.

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Speaker 3: It's the world wires on news talks. It'd be drive so.

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Speaker 2: Hamas leader Ismaeil Honeyeer, has reportedly been killed in Tehran.

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Speaker 2: Hamas has reported as death, saying he was killed in

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Speaker 2: a raid. Benjamin rad of UC Buckley says Israel was

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Speaker 2: definitely responsible.

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Speaker 10: Apparently it was done via a drone strike or some

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Speaker 10: kind of very low level airstrike.

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Speaker 3: Makes us wonder to what.

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Speaker 8: Extent Ryan, excuse me, Israel had assistance on the inside.

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Speaker 2: I mean, there's no question it had some degree. Meanwhile,

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Speaker 2: across the ditch, as I just told you, it looks

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Speaker 2: like another interest rate hike might be in store. In Australia.

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Speaker 2: The latest data out from Australia has annual inflation at

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Speaker 2: three point eight percent were Itfore, this is down from

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Speaker 2: for last quarter, but up from three point six a

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Speaker 2: month ago. So Sky News Business editor Ross Greenwood has

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Speaker 2: been reflecting on it.

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Speaker 11: It's there in education, in insurance and financial services, so

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Speaker 11: from that point of view, it really is right now

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Speaker 11: in many areas that suggested to be sticky. And this

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Speaker 11: is why again the suggestion is that maybe rates do

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Speaker 11: need to rise simply to try and push some of

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Speaker 11: this inflation out of our economy.

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Speaker 2: I hate that word sticky.

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Speaker 12: And finally, oh mumments some scientists in Italy who clearly

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Speaker 12: haven't watched very many horror movies, particularly ones involving mummies,

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Speaker 12: have opened up a sealed stone sarcophagus at a two

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Speaker 12: thousand year old tomb.

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Speaker 2: Here comes the curse, Here comes the curse. They found

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Speaker 2: inside a very well preserved mummy covered by a shroud. Thankfully,

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Speaker 2: the mun me has not as yet come to life,

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Speaker 2: nor have we had snakes on niche from out of

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Speaker 2: its belly, nor has it unleashed any sort of terrible curse.

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Speaker 2: Not yet, because what I know about mummies is that

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Speaker 2: they play the long game.

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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: A very long game. Indeed, it's twenty one to five.

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Speaker 2: Dann Mitchison as our US correspondent, Hello damn, hello Andrew.

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Speaker 2: So we've got this hearing into the Secret Services completely

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Speaker 2: out failure. Of course, yes, yes, on the assassination attempt.

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Speaker 2: It's turned into a shouting match.

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Speaker 10: Well it has, and it's between the people on the

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Speaker 10: panel and Ronald Road Junior, who is now the acting

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Speaker 10: head of this secret service right now, who says I

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Speaker 10: can't defend what happened or why that roof where the

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Speaker 10: alleged shooter was was not better secured and things.

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Speaker 13: Yeah.

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Speaker 10: I did get a little testy at time. I mean

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Speaker 10: voices were being raised and the senators were calling for resignation,

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Speaker 10: and Rose said, you know what, I'm going to let

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Speaker 10: this investigation play out before I delivered the punishments. We

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Speaker 10: know this was a failure and I'm going to get

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Speaker 10: to the bottom of this.

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Speaker 2: Okay, Well, look this goes straight to the politics because

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Speaker 2: we've had kamala. How do you say kamala? How do

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Speaker 2: you say kam kamala?

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Speaker 3: Harris?

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Speaker 2: Okay, because I said it kamala first time. I said

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Speaker 2: her name, anyone wrong, and then it's just easy, Kamala.

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Speaker 2: You just said Kamala. And then you listen to her

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Speaker 2: audio book and she starts talking about her name and

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Speaker 2: says it's Kamala.

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Speaker 10: Yeah, yeah, it's I mean, we've got a few politicians

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Speaker 10: like that over there. But you'll hear the president introducer

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Speaker 10: as Kamala Harris, vice President Kamala Harris.

435
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Speaker 2: Sweet, which he's taken either. And now we have a

436
00:21:12,000 --> 00:21:15,560
Speaker 2: nationwide poll which won't indicate really the result of the

437
00:21:15,560 --> 00:21:17,720
Speaker 2: election because of the electric college system. But to say

438
00:21:17,920 --> 00:21:22,200
Speaker 2: that basically Kada and Donald Trump hit yeah.

439
00:21:22,240 --> 00:21:24,240
Speaker 10: And again we have to remember we're, you know, six

440
00:21:24,280 --> 00:21:26,520
Speaker 10: months out or so a little less than that, but

441
00:21:27,240 --> 00:21:30,560
Speaker 10: they're in a statistical tie at this point. And Harris

442
00:21:30,640 --> 00:21:33,680
Speaker 10: has a strong lead among women, which isn't a surprise here,

443
00:21:33,720 --> 00:21:36,560
Speaker 10: compared to Trump among black voters, which again isn't a

444
00:21:36,560 --> 00:21:41,000
Speaker 10: surprise there. Big advantage over Donald Trump sixty seven do

445
00:21:41,000 --> 00:21:43,040
Speaker 10: I think it was something like twenty two percent. Big

446
00:21:43,359 --> 00:21:45,240
Speaker 10: gains in the Hispanic vote over here, And that's what

447
00:21:45,280 --> 00:21:48,240
Speaker 10: the Republicans have been going over here for Andrew for

448
00:21:48,280 --> 00:21:50,600
Speaker 10: some time. They realize, Okay, we've got this core base

449
00:21:50,680 --> 00:21:53,200
Speaker 10: right here. That base itself is not going to expand.

450
00:21:53,359 --> 00:21:55,840
Speaker 10: So they've tried to go after the African American vote.

451
00:21:56,119 --> 00:21:58,520
Speaker 10: And Donald Trump, I think, or at least his advisors

452
00:21:58,640 --> 00:22:00,639
Speaker 10: this time around, have tried to soften his image a

453
00:22:00,680 --> 00:22:05,639
Speaker 10: little bit more to attract the female vote. But I

454
00:22:05,680 --> 00:22:08,639
Speaker 10: think really the thing that stands out about this is,

455
00:22:09,520 --> 00:22:12,040
Speaker 10: you know, nobody's really excited about his VP choice over here,

456
00:22:12,119 --> 00:22:14,240
Speaker 10: jd Vance. I mean, he hasn't even had that honeymoon

457
00:22:14,280 --> 00:22:16,720
Speaker 10: bump that you expect when when a new vice president

458
00:22:17,359 --> 00:22:18,399
Speaker 10: is announced over here.

459
00:22:18,880 --> 00:22:21,320
Speaker 2: Yes, but I see also that Donald Trump leads with

460
00:22:21,359 --> 00:22:23,800
Speaker 2: eighteen to thirty five year old voters, the youth like

461
00:22:23,800 --> 00:22:26,240
Speaker 2: from forty five to thirty six. That's not bad, Well,

462
00:22:26,280 --> 00:22:26,639
Speaker 2: it's not.

463
00:22:26,800 --> 00:22:28,840
Speaker 10: The thing is, you've got to get those voters out

464
00:22:29,359 --> 00:22:31,840
Speaker 10: to vote. And those are the voters this time around

465
00:22:31,840 --> 00:22:34,080
Speaker 10: that have said in a number of polls they're having

466
00:22:34,080 --> 00:22:36,159
Speaker 10: the hardest time choosing a candidate. They were not a

467
00:22:36,200 --> 00:22:38,639
Speaker 10: fin Now this all came out before you know, Kamala Harris,

468
00:22:38,760 --> 00:22:40,600
Speaker 10: you know, threw her hat into the ring, but they

469
00:22:40,600 --> 00:22:43,720
Speaker 10: weren't excited about Joe Biden. And younger voters tend to

470
00:22:43,800 --> 00:22:45,200
Speaker 10: lean a bit a little bit more to the left

471
00:22:45,200 --> 00:22:47,639
Speaker 10: and vote Democrat. And they weren't excited about Donald Trump

472
00:22:47,680 --> 00:22:50,440
Speaker 10: over here. What I think they wanted was a third candidate.

473
00:22:50,480 --> 00:22:52,199
Speaker 10: And that's just something that we don't have, and we

474
00:22:52,240 --> 00:22:54,800
Speaker 10: haven't had over here seriously for some time.

475
00:22:55,000 --> 00:22:56,920
Speaker 2: That here we go. If you pump Robbie F. Kennedy

476
00:22:57,000 --> 00:22:59,679
Speaker 2: Junior into the poll, which they did, suddenly he splits

477
00:22:59,680 --> 00:23:01,720
Speaker 2: the vote on the right, and suddenly Harris has a

478
00:23:01,760 --> 00:23:02,480
Speaker 2: one percent lead.

479
00:23:03,040 --> 00:23:05,560
Speaker 10: Yeah, yeah, which which again is you know, give or

480
00:23:05,600 --> 00:23:09,560
Speaker 10: take a margin of error at this point and time.

481
00:23:09,600 --> 00:23:11,760
Speaker 10: It'll be interesting to see if this honeymoon phase. And

482
00:23:11,800 --> 00:23:14,040
Speaker 10: it has been a good, good week and a half

483
00:23:14,119 --> 00:23:16,280
Speaker 10: for Kamala Harris too. I mean, her poll numbers have

484
00:23:16,320 --> 00:23:20,080
Speaker 10: gone up, she's raised a gazillion dollars, and more importantly,

485
00:23:20,160 --> 00:23:22,439
Speaker 10: at least if you're the Democrat, she's taken away all

486
00:23:22,480 --> 00:23:24,920
Speaker 10: the news coverage on the news cycle from Donald Trump,

487
00:23:24,960 --> 00:23:27,240
Speaker 10: who was you know, obviously in the headlines for that

488
00:23:27,240 --> 00:23:30,880
Speaker 10: attempted assassination attempt and then the Republican Convention as well.

489
00:23:30,880 --> 00:23:33,560
Speaker 10: But now she's she's got all the limelight over here.

490
00:23:33,800 --> 00:23:37,640
Speaker 2: Very good and is the greatest in the femoment right now,

491
00:23:37,800 --> 00:23:40,800
Speaker 2: the spoting world some on Biles because she's just stunning

492
00:23:40,880 --> 00:23:43,199
Speaker 2: the USA Jimas, I think so.

493
00:23:43,280 --> 00:23:45,399
Speaker 10: I think you have a handful of athletes who always

494
00:23:45,400 --> 00:23:48,800
Speaker 10: stand out at every Olympics, and those that are here

495
00:23:48,800 --> 00:23:50,480
Speaker 10: for the first time and those that are making a

496
00:23:50,560 --> 00:23:54,000
Speaker 10: return visit. And I think from the US standpoint, she

497
00:23:54,200 --> 00:23:56,480
Speaker 10: has captured the attention of a lot of people again.

498
00:23:56,480 --> 00:23:59,120
Speaker 10: And I think after the Tokyo Games were covered under

499
00:23:59,119 --> 00:24:01,040
Speaker 10: that blanket of COVID that we had four years ago,

500
00:24:01,640 --> 00:24:02,240
Speaker 10: We're looking for.

501
00:24:02,240 --> 00:24:03,200
Speaker 3: Somebody that's positive.

502
00:24:03,200 --> 00:24:07,359
Speaker 10: We're looking for somebody that's familiar, that we feel like

503
00:24:07,400 --> 00:24:10,000
Speaker 10: we know. And she's doing a fantastic job and she

504
00:24:10,080 --> 00:24:14,040
Speaker 10: doesn't have to prove anything to anyone anymore. I mean,

505
00:24:14,040 --> 00:24:15,280
Speaker 10: she's doing it for the love of the game or

506
00:24:15,320 --> 00:24:16,959
Speaker 10: the sport. And I think viewers pick up on that.

507
00:24:17,040 --> 00:24:18,720
Speaker 10: If you've been watching this Olympics.

508
00:24:18,359 --> 00:24:19,880
Speaker 2: Oh yes we have, and I thank you so much.

509
00:24:19,920 --> 00:24:22,680
Speaker 2: As Dan Mitchison out of the United States of American

510
00:24:23,040 --> 00:24:25,439
Speaker 2: here in New Zealand, Jerry Brown, he has been banning

511
00:24:25,800 --> 00:24:29,200
Speaker 2: ACT label pinons because he says it's against standing orders.

512
00:24:29,240 --> 00:24:32,320
Speaker 2: I thought it was perhaps a bit petty. I asked

513
00:24:32,320 --> 00:24:34,919
Speaker 2: you what clears tixted back is said Andrew, the Speaker

514
00:24:34,960 --> 00:24:37,200
Speaker 2: wants to raise standards in the House and not before

515
00:24:37,240 --> 00:24:39,639
Speaker 2: time and as well, of course as the removal of

516
00:24:39,720 --> 00:24:44,680
Speaker 2: la pel pitons where they also include cowboy hats, caps, sneakers, trackies, jeans,

517
00:24:44,920 --> 00:24:49,520
Speaker 2: frey clothing, political scarves and also reinstate ties and clear hope. So,

518
00:24:49,560 --> 00:24:51,600
Speaker 2: because we really need consistency, what do you think ninety

519
00:24:51,600 --> 00:24:55,480
Speaker 2: two ninety two or small charge does apply? Stephen is

520
00:24:55,520 --> 00:24:58,960
Speaker 2: worried about the phism feather and Rawiri t T's ten

521
00:24:59,040 --> 00:25:01,880
Speaker 2: gallon hat and says the Speaker should be worried about

522
00:25:01,920 --> 00:25:04,320
Speaker 2: that and there should be a standing order. And another

523
00:25:04,400 --> 00:25:07,000
Speaker 2: textas says what about those Green Party members who wear

524
00:25:07,040 --> 00:25:11,360
Speaker 2: the hamas scarves? Fair point as well. Oh, Jerry, you've

525
00:25:11,400 --> 00:25:13,480
Speaker 2: opened up a hornet's nest. We'll talk more about this.

526
00:25:13,560 --> 00:25:16,919
Speaker 2: I guess with Jason Walls, our political editor, who's next?

527
00:25:17,440 --> 00:25:20,320
Speaker 2: It is now nearly fifteen to five.

528
00:25:21,160 --> 00:25:24,920
Speaker 1: Politics with Centrics Credit, check your customers and get payments certainty.

529
00:25:26,080 --> 00:25:29,560
Speaker 2: Jason Walls, our political editor, I welcome you to the show.

530
00:25:29,600 --> 00:25:31,439
Speaker 2: You don't have a news talks here, bpen on to you.

531
00:25:32,760 --> 00:25:34,760
Speaker 14: If I had a news talk zbpen it would be

532
00:25:34,800 --> 00:25:36,400
Speaker 14: the only thing I'd be wearing all not the only

533
00:25:36,440 --> 00:25:37,720
Speaker 14: thing I'd be wearing. No, that's not what I meant.

534
00:25:37,760 --> 00:25:39,520
Speaker 14: I meant that I would be wearing it at all times.

535
00:25:40,240 --> 00:25:42,800
Speaker 2: Well, do you have a baseball cap? We can do

536
00:25:42,840 --> 00:25:44,440
Speaker 2: that for you if you want. Do you understand we

537
00:25:44,520 --> 00:25:45,960
Speaker 2: can do you a baseball cap. We can do you

538
00:25:46,000 --> 00:25:47,800
Speaker 2: a puffer, but it's also got gold sport on it.

539
00:25:47,800 --> 00:25:48,479
Speaker 2: Would you like that?

540
00:25:48,760 --> 00:25:50,120
Speaker 14: Go on, send me some merch gone.

541
00:25:50,240 --> 00:25:52,639
Speaker 2: Can I just say, Jerry Brown's big crackdown on the

542
00:25:52,720 --> 00:25:54,760
Speaker 2: pelpins seems to be a overreach.

543
00:25:55,359 --> 00:25:55,760
Speaker 3: You think so?

544
00:25:55,960 --> 00:25:58,960
Speaker 14: Yes, I think that it was pretty petty by all

545
00:25:59,000 --> 00:26:01,240
Speaker 14: sides in the house today. I mean, no one's happy,

546
00:26:01,560 --> 00:26:05,080
Speaker 14: especially not Jerry brownly, especially not David Seymour. You know,

547
00:26:05,359 --> 00:26:07,600
Speaker 14: let me run you through what happened, because the sort

548
00:26:07,640 --> 00:26:09,720
Speaker 14: of two issues that happened in the House today. The

549
00:26:09,720 --> 00:26:12,359
Speaker 14: first is what you alluded to, Pingate, And the issue

550
00:26:12,400 --> 00:26:15,359
Speaker 14: has been sort of boiling away for a few days now,

551
00:26:15,400 --> 00:26:18,439
Speaker 14: and it started when a contingent of act in National

552
00:26:18,520 --> 00:26:21,280
Speaker 14: MP's pointed out that in the House that Tiparty, Marti

553
00:26:21,359 --> 00:26:25,120
Speaker 14: and p Hannah Raffati might be Clark had party stickers

554
00:26:25,160 --> 00:26:27,320
Speaker 14: on her laptop, just saying t party Marty on the

555
00:26:27,400 --> 00:26:29,919
Speaker 14: laptop or something like that. Now, Parliament's rules me that

556
00:26:29,920 --> 00:26:33,200
Speaker 14: you're not actually allowed to display party logos in the house.

557
00:26:33,280 --> 00:26:35,679
Speaker 14: So you know, is it the rules? Yes? Is it

558
00:26:35,720 --> 00:26:39,040
Speaker 14: petty to snatch? Also yes? I think so. Today Act

559
00:26:39,160 --> 00:26:42,160
Speaker 14: MP's were all wearing Act Party lapelvins in the House,

560
00:26:42,200 --> 00:26:44,200
Speaker 14: but the Speaker was having none of it.

561
00:26:44,400 --> 00:26:49,920
Speaker 15: To Speaker, the members displaying a badge that I've an

562
00:26:49,960 --> 00:26:54,240
Speaker 15: earlier session said would remove people from participating in the

563
00:26:54,359 --> 00:26:57,399
Speaker 15: Christian time. I don't want to cost a green question,

564
00:26:57,480 --> 00:27:01,000
Speaker 15: but I'd suggest that another minister from government might now

565
00:27:01,119 --> 00:27:01,879
Speaker 15: answer the question.

566
00:27:02,240 --> 00:27:02,359
Speaker 7: Now.

567
00:27:02,440 --> 00:27:05,240
Speaker 14: David Seymour wasn't happy about this surprise surprise. Have a

568
00:27:05,280 --> 00:27:06,120
Speaker 14: listened to what he said?

569
00:27:06,760 --> 00:27:11,199
Speaker 16: Mister Mallard clearly ruled that pins were exempt from that

570
00:27:11,320 --> 00:27:14,719
Speaker 16: ruling in twenty eighteen. If you were seriously saying that

571
00:27:14,760 --> 00:27:17,400
Speaker 16: you're not going to let people ask and answer questions

572
00:27:17,520 --> 00:27:20,240
Speaker 16: in this house because they're wearing a pin, it's that

573
00:27:20,359 --> 00:27:23,280
Speaker 16: been allowed to for year after year. I think more

574
00:27:23,280 --> 00:27:25,200
Speaker 16: and more people are going to ask what your priorities

575
00:27:25,200 --> 00:27:25,680
Speaker 16: actually are.

576
00:27:25,840 --> 00:27:29,240
Speaker 14: But that's exactly what happened. Jerry Brown's ruling stood and

577
00:27:29,400 --> 00:27:32,080
Speaker 14: the act Minister was given an ultimatum that was Karen

578
00:27:32,119 --> 00:27:35,639
Speaker 14: shaw before take off the pin or lose your ability

579
00:27:35,680 --> 00:27:38,679
Speaker 14: to answer questions. So they didn't budge, which led to

580
00:27:38,680 --> 00:27:41,720
Speaker 14: an incredibly awkward moment when the Green MP wanted to

581
00:27:41,720 --> 00:27:44,120
Speaker 14: ask a question to Karen Shaw Up Instead of taking

582
00:27:44,160 --> 00:27:47,680
Speaker 14: off the pin, the question went to Louise Upstin from

583
00:27:47,680 --> 00:27:50,040
Speaker 14: the Government instead. So it was a point of principle

584
00:27:50,240 --> 00:27:52,240
Speaker 14: for the Act party. Was it a good hill to

585
00:27:52,320 --> 00:27:54,879
Speaker 14: die on? No, it looks pretty petty, and even if

586
00:27:54,880 --> 00:27:58,000
Speaker 14: they're right, old Speakers' rulings do say you are allowed

587
00:27:58,040 --> 00:28:00,399
Speaker 14: to wear a party pin. It's not against the rules.

588
00:28:00,560 --> 00:28:03,040
Speaker 14: It does look a bit silly. But meanwhile there was

589
00:28:03,080 --> 00:28:06,840
Speaker 14: another stoush brewing. David Seymour was also upset over with

590
00:28:06,880 --> 00:28:09,560
Speaker 14: the Speaker over another matter. According to a letter that

591
00:28:09,600 --> 00:28:11,720
Speaker 14: he had sent to the Speaker last week, during a

592
00:28:11,840 --> 00:28:15,600
Speaker 14: Select Committee hearing into the repealing of the seven Double

593
00:28:15,640 --> 00:28:18,760
Speaker 14: A Act the repealing of in the Oran Tamariki Act,

594
00:28:18,880 --> 00:28:23,119
Speaker 14: opposition MPs suggested removing Act MP Laura Trusk as the

595
00:28:23,119 --> 00:28:25,640
Speaker 14: subcommittee chair because, and I quote from the letter here,

596
00:28:26,560 --> 00:28:29,280
Speaker 14: it is alleged that our opposition members said people will

597
00:28:29,280 --> 00:28:32,320
Speaker 14: be very stressed giving evidence on seven double A when

598
00:28:32,600 --> 00:28:34,960
Speaker 14: most submitters will be mardy. It would be better to

599
00:28:35,000 --> 00:28:38,000
Speaker 14: have someone chairing who is marty or pacifica, as they

600
00:28:38,040 --> 00:28:41,160
Speaker 14: won't recognize themselves in you. Now, this didn't end up happening.

601
00:28:41,160 --> 00:28:42,920
Speaker 14: There was a bit of a debate, but Laura Trusk

602
00:28:43,080 --> 00:28:47,239
Speaker 14: remained the chair. Seymour nonetheless complained to the Speaker and

603
00:28:47,280 --> 00:28:50,120
Speaker 14: the Speaker didn't budge then either. Now Seymour brought this

604
00:28:50,200 --> 00:28:52,600
Speaker 14: up in the House today and this prompted a fiery

605
00:28:52,640 --> 00:28:54,640
Speaker 14: response from one Chris Hipkins.

606
00:28:55,000 --> 00:28:57,040
Speaker 17: Mister Speaker, what we've just seen from a minister in

607
00:28:57,080 --> 00:29:00,400
Speaker 17: the government is an absolutely outrageous attack on the Speaker

608
00:29:00,440 --> 00:29:02,960
Speaker 17: of the House. Now, I appreciate your being very restrained

609
00:29:02,960 --> 00:29:05,080
Speaker 17: in your response to that, but you would be well

610
00:29:05,120 --> 00:29:08,280
Speaker 17: within your rights to censure David Seymour for this. This

611
00:29:08,320 --> 00:29:11,640
Speaker 17: is directly questioning your ruling as a speaker.

612
00:29:11,360 --> 00:29:13,880
Speaker 14: So Actor zero from two today, But I'm sure they'll

613
00:29:13,880 --> 00:29:15,840
Speaker 14: be back to do battle with a speaker very soon.

614
00:29:16,000 --> 00:29:18,040
Speaker 2: And we've got a Green MP who said something silly.

615
00:29:18,680 --> 00:29:20,720
Speaker 14: Indeed, so this is the comment that was made in

616
00:29:20,760 --> 00:29:21,560
Speaker 14: the House last night.

617
00:29:21,800 --> 00:29:24,800
Speaker 18: I want you to ask yourself, would you rather be

618
00:29:24,920 --> 00:29:27,560
Speaker 18: walking down a dark alley and see a PATCH member

619
00:29:28,640 --> 00:29:32,560
Speaker 18: or a police officer. For many people in New Zealand,

620
00:29:32,920 --> 00:29:36,560
Speaker 18: they would feel safer alone with a PATCH member than

621
00:29:36,600 --> 00:29:40,040
Speaker 18: the police. And we need to ask ourselves cold.

622
00:29:40,440 --> 00:29:43,400
Speaker 14: So that was Green MP Cahurrangi Kata and I think

623
00:29:43,440 --> 00:29:46,880
Speaker 14: some people might prefer to see Sorry, it was her

624
00:29:46,920 --> 00:29:49,720
Speaker 14: saying that people might prefer to see a Patch gang member. Now,

625
00:29:49,760 --> 00:29:51,440
Speaker 14: some people might be like that, but I don't think

626
00:29:51,440 --> 00:29:54,640
Speaker 14: it's the overwhelming amount of people in this country. Now,

627
00:29:54,680 --> 00:29:57,360
Speaker 14: someone who did take exception to this was Justice Minister

628
00:29:57,400 --> 00:29:58,160
Speaker 14: Paul Goldsmith.

629
00:29:58,320 --> 00:30:03,360
Speaker 19: The very suggestion is repugnant and apparently the Green Party

630
00:30:03,640 --> 00:30:04,280
Speaker 19: aren't sure.

631
00:30:04,440 --> 00:30:07,120
Speaker 14: So my colleague Demelsa Jackson asked, how lead to Chloe

632
00:30:07,240 --> 00:30:10,280
Speaker 14: Swarbrick if she stood by the comment and then hit

633
00:30:10,320 --> 00:30:12,520
Speaker 14: her with a curve ball at the end, have a listen.

634
00:30:12,680 --> 00:30:16,600
Speaker 13: The point that Capungkada was making is that very clearly

635
00:30:17,360 --> 00:30:20,320
Speaker 13: the police and mini state agencies do not have the

636
00:30:20,400 --> 00:30:23,960
Speaker 13: trust of many of our communities, particularly Marty communities. So yes,

637
00:30:24,000 --> 00:30:26,200
Speaker 13: I absolutely do stand by those comments, and I would

638
00:30:26,280 --> 00:30:28,880
Speaker 13: actually call upon all Members of Parliament and all member

639
00:30:28,920 --> 00:30:30,680
Speaker 13: of the Press gallery who challenged those comments to go

640
00:30:30,720 --> 00:30:35,840
Speaker 13: out and talk to marty communities who hold those view suits.

641
00:30:37,720 --> 00:30:40,440
Speaker 13: There's a lot of contextual and variable factors, John Pack.

642
00:30:40,840 --> 00:30:43,360
Speaker 14: A lot of contextual factors. For Chloe Swarwrick. If she

643
00:30:43,440 --> 00:30:45,760
Speaker 14: was walking down a dark alley and there was a

644
00:30:45,840 --> 00:30:47,960
Speaker 14: choice between a patch gang member and a cop, I

645
00:30:47,960 --> 00:30:49,720
Speaker 14: wonder what those contextual elements are.

646
00:30:49,880 --> 00:30:52,000
Speaker 2: Oh, dear goodness, Maith, thank you so much, Jason Wase,

647
00:30:52,360 --> 00:30:55,040
Speaker 2: our political editor. There's the word salad yet again. It's

648
00:30:55,080 --> 00:30:57,200
Speaker 2: always good to hear the words salad for a while.

649
00:30:58,000 --> 00:30:59,920
Speaker 2: Did I actually say that out loud? I didn't mean

650
00:30:59,920 --> 00:31:01,800
Speaker 2: it's seven to five?

651
00:31:03,840 --> 00:31:07,560
Speaker 1: Putting the tough questions to the newspeakers. The mic Hosking.

652
00:31:07,240 --> 00:31:09,200
Speaker 19: Breakfast in New Zealand pulled the pen on this twenty

653
00:31:09,280 --> 00:31:11,520
Speaker 19: thirty carbon emission's target due to the resources need of

654
00:31:11,520 --> 00:31:15,000
Speaker 19: being unaffordable. Professor and applied mathematics specializing in climate change

655
00:31:15,080 --> 00:31:17,080
Speaker 19: Robert McLaughlin is, well, this is a bit of green

656
00:31:17,200 --> 00:31:19,960
Speaker 19: washing going on here. Everyone wants to be on the bandwagon.

657
00:31:20,000 --> 00:31:21,880
Speaker 19: What's the point of being on a bandwagon if you've

658
00:31:21,880 --> 00:31:23,240
Speaker 19: got a backtrack because it's not real.

659
00:31:23,320 --> 00:31:25,520
Speaker 20: Well, there is green washing, of course, that there's companies

660
00:31:25,520 --> 00:31:27,280
Speaker 20: sometimes make unrealistic claims, but.

661
00:31:27,240 --> 00:31:28,520
Speaker 3: There's also genuine progress.

662
00:31:28,680 --> 00:31:30,920
Speaker 1: And I think the government will be disappointed by this

663
00:31:31,120 --> 00:31:32,200
Speaker 1: because they're messaging.

664
00:31:32,200 --> 00:31:33,400
Speaker 3: They're sending they do want.

665
00:31:33,240 --> 00:31:35,160
Speaker 20: Industries and business world to step up a.

666
00:31:35,120 --> 00:31:37,160
Speaker 3: Bit more and not have everything just done by.

667
00:31:37,080 --> 00:31:40,240
Speaker 7: Government regulation, which is true, it does require a partnership.

668
00:31:40,400 --> 00:31:42,080
Speaker 21: I think the government will be disappointed by this.

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00:31:42,400 --> 00:31:45,200
Speaker 19: Back tomorrow at six am the Mic Hosking Breakfast with

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00:31:45,520 --> 00:31:46,960
Speaker 19: Jaguar News Talk ZB.

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00:31:47,720 --> 00:31:50,320
Speaker 2: Can I just stare with Mike on just how ridiculous

672
00:31:50,360 --> 00:31:52,480
Speaker 2: Benedict Collins was on the TV last night when he

673
00:31:52,560 --> 00:31:55,680
Speaker 2: just kept on Hassig Shane Retty about the fourteen layers

674
00:31:55,680 --> 00:31:59,400
Speaker 2: of bureaucracy. Because whether it's fourteen, thirteen, twelve or eleven,

675
00:32:00,080 --> 00:32:02,400
Speaker 2: what point is there's a lot. There's a lot, and

676
00:32:02,480 --> 00:32:04,680
Speaker 2: we can make it more efficient, can't we. That's the

677
00:32:04,720 --> 00:32:07,080
Speaker 2: point of it all. The fourteen was probably written by

678
00:32:07,120 --> 00:32:09,440
Speaker 2: some staff are going, here's a catchy little line that'll

679
00:32:09,480 --> 00:32:15,320
Speaker 2: stick in your head. Fourteen Who cares? But as the

680
00:32:15,400 --> 00:32:18,440
Speaker 2: organization bloated, has it always been bloated since day one?

681
00:32:18,920 --> 00:32:21,920
Speaker 2: Did they know anything about the financial management whatsoever? We're

682
00:32:21,960 --> 00:32:24,000
Speaker 2: going to talk to the former chair and that is

683
00:32:24,080 --> 00:32:26,760
Speaker 2: Rob Campbell, Now say what you think he was there?

684
00:32:26,800 --> 00:32:28,640
Speaker 2: He was appointed and he does know his stuff. He's

685
00:32:28,640 --> 00:32:31,240
Speaker 2: got a long history in business. You may think he's

686
00:32:31,240 --> 00:32:33,760
Speaker 2: got politics, Well, then you can put that through that filter.

687
00:32:33,960 --> 00:32:36,960
Speaker 2: Everyone's got politics somewhere. So we'll ask Rob Campbell who

688
00:32:37,040 --> 00:32:38,840
Speaker 2: used to be there, did he know about the financial

689
00:32:38,880 --> 00:32:42,200
Speaker 2: management and did he think that there's fourteen layers of bureaucracy?

690
00:32:44,560 --> 00:32:46,960
Speaker 2: And what about the new plan? And here's a question

691
00:32:47,000 --> 00:32:48,600
Speaker 2: about the new plan. The new plans. The old plan

692
00:32:48,600 --> 00:32:51,920
Speaker 2: that had the Simpson first came up with four big

693
00:32:52,040 --> 00:32:56,040
Speaker 2: regional dhvs. That means four bureaucracies, doesn't it is? Will

694
00:32:56,080 --> 00:32:59,120
Speaker 2: there be even more bureaucracy with that plan than there

695
00:32:59,160 --> 00:33:01,520
Speaker 2: is with one megabe bureaucracy? I mean, who knows. We'll

696
00:33:01,560 --> 00:33:04,040
Speaker 2: ask Rob's opinion. If you don't like it, don't worry

697
00:33:04,080 --> 00:33:06,240
Speaker 2: about it, throw it away. And that is next. Oh

698
00:33:06,440 --> 00:33:07,920
Speaker 2: go a whole heap more. We're going to Paris to

699
00:33:07,960 --> 00:33:09,920
Speaker 2: find out about the scene which is filthy, but also

700
00:33:09,960 --> 00:33:12,000
Speaker 2: the heat because that's the big thing in the Triathan,

701
00:33:12,000 --> 00:33:13,240
Speaker 2: which we'll run tonight.

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00:33:30,400 --> 00:33:33,600
Speaker 1: The only drive show you can trust to ask the questions,

703
00:33:33,720 --> 00:33:37,240
Speaker 1: get the answers by the facts. And give the analysis.

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00:33:37,360 --> 00:33:40,320
Speaker 1: Andrew dickens on hither due to see Ellen drive with

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00:33:40,520 --> 00:33:44,000
Speaker 1: One New Zealand. Let's get connected news Talk Zibby.

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00:33:44,840 --> 00:33:46,360
Speaker 2: It's good after be and welcome to the program. It's

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00:33:46,360 --> 00:33:48,960
Speaker 2: seven minutes out of five. I'm Andrew Dickinson for Heather.

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00:33:49,000 --> 00:33:51,680
Speaker 2: Heather's back on Monday. Now, Health New Zealand has today

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00:33:51,720 --> 00:33:56,280
Speaker 2: announced the appointment of four new regional Deputy Chief executives.

710
00:33:56,360 --> 00:33:58,920
Speaker 2: Now we knew these appointments were coming. The Health Minister,

711
00:33:58,920 --> 00:34:02,600
Speaker 2: Shane Retti says he's more health decision making to happen

712
00:34:02,640 --> 00:34:05,200
Speaker 2: at a local level. Both the Health Minister and the

713
00:34:05,240 --> 00:34:08,640
Speaker 2: new Health New Zealand Commissioner Lester Levy have been outspoken

714
00:34:08,640 --> 00:34:11,680
Speaker 2: about wanting to cut down the organization's bloat of bureaucracy,

715
00:34:11,880 --> 00:34:13,640
Speaker 2: and we've heard a lot of that. The fourteen Layers,

716
00:34:13,640 --> 00:34:16,680
Speaker 2: the fourteen Layers. Rob Campbell is a former Health New Zealand.

717
00:34:16,719 --> 00:34:17,440
Speaker 2: Tyranny joins me.

718
00:34:17,480 --> 00:34:20,839
Speaker 7: Now, hello Rob, Hi, right, Andrew, how are you going?

719
00:34:20,960 --> 00:34:26,799
Speaker 2: Very good sir? So the four regional Deputy chief executives.

720
00:34:26,840 --> 00:34:29,600
Speaker 2: Are we returning to the model suggested by Heather Simpson

721
00:34:29,640 --> 00:34:30,240
Speaker 2: and the report?

722
00:34:31,560 --> 00:34:33,640
Speaker 7: It does seem a little bit that way. Doesn't it.

723
00:34:33,680 --> 00:34:36,800
Speaker 7: And it's a bit counterinturtives to wander and these layers

724
00:34:36,800 --> 00:34:40,960
Speaker 7: of management and then put another regional layer in. It's

725
00:34:41,040 --> 00:34:43,600
Speaker 7: not all entirely clear yet, but it certainly as far

726
00:34:43,640 --> 00:34:47,680
Speaker 7: as the hospital side of the thing is concerned, the

727
00:34:47,760 --> 00:34:53,000
Speaker 7: regional directors are introducing a new form of bureaucracy into

728
00:34:53,000 --> 00:34:53,600
Speaker 7: the system.

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00:34:53,680 --> 00:34:56,319
Speaker 2: As criticisms of the current Health New Zealand structure the

730
00:34:56,400 --> 00:34:59,839
Speaker 2: one big bureaucracy that there was empire building and there

731
00:34:59,840 --> 00:35:04,080
Speaker 2: were bloated bureaucracy. But surely if you're creating for regional

732
00:35:04,800 --> 00:35:08,600
Speaker 2: bureaucracies as a chance for empire building there as well well.

733
00:35:08,600 --> 00:35:11,279
Speaker 7: I think that was almost a concern when I was

734
00:35:11,320 --> 00:35:15,000
Speaker 7: in the role and the previous board had this view.

735
00:35:15,120 --> 00:35:19,840
Speaker 7: But the new direction is obviously to insert this. I

736
00:35:19,880 --> 00:35:23,800
Speaker 7: do want to make the point that getting more decision

737
00:35:23,880 --> 00:35:27,640
Speaker 7: making made at the local level is critically important, but

738
00:35:27,760 --> 00:35:30,680
Speaker 7: of course the local level is not for regions. The

739
00:35:30,719 --> 00:35:34,600
Speaker 7: local level is very local, particularly so far as primary

740
00:35:34,640 --> 00:35:38,040
Speaker 7: health care is concerned. You've got to remember about half

741
00:35:38,080 --> 00:35:40,799
Speaker 7: of the detart to war a budget is not hospitals.

742
00:35:40,800 --> 00:35:44,000
Speaker 7: It's funding the other activities that take place right through

743
00:35:44,040 --> 00:35:47,960
Speaker 7: the health sector, and of course, this is now another

744
00:35:48,280 --> 00:35:51,360
Speaker 7: layer of bureaucracy which is being inserted into that proces.

745
00:35:51,400 --> 00:35:53,160
Speaker 2: Well, was it that Stephen Joyce in the weekend who

746
00:35:53,239 --> 00:35:56,120
Speaker 2: actually said that the problem was we're always funding hospitals,

747
00:35:56,160 --> 00:35:57,680
Speaker 2: we're not funding primary care.

748
00:35:58,680 --> 00:35:58,879
Speaker 3: Yeah.

749
00:35:58,880 --> 00:36:01,480
Speaker 7: I don't often enjoy I agree with Stephen, but I

750
00:36:01,520 --> 00:36:05,080
Speaker 7: think he was quite right about this. It's the solutions

751
00:36:05,160 --> 00:36:08,680
Speaker 7: to our overall health crisis are not really to be

752
00:36:08,719 --> 00:36:11,600
Speaker 7: found in hospitals. Hospitals are important, but they're the end

753
00:36:11,680 --> 00:36:14,439
Speaker 7: stage of these things. We need to be getting far

754
00:36:14,520 --> 00:36:19,759
Speaker 7: more attention to both preventative health public health measures for example,

755
00:36:20,200 --> 00:36:23,040
Speaker 7: and to primary care. Again, the GPS and the other

756
00:36:23,120 --> 00:36:26,600
Speaker 7: local services that provided the various cope oppermality services that

757
00:36:26,719 --> 00:36:29,800
Speaker 7: provide and they don't operate at a regional level.

758
00:36:30,520 --> 00:36:32,719
Speaker 2: Were you in charge of a blood of bureaucracy when

759
00:36:32,719 --> 00:36:34,280
Speaker 2: you were in charge of Health New Zealand.

760
00:36:34,840 --> 00:36:37,040
Speaker 7: Oh, there's no question. It was a blood of bureaucracy

761
00:36:37,080 --> 00:36:39,520
Speaker 7: when we first took over, and we were making some

762
00:36:39,680 --> 00:36:43,120
Speaker 7: progress on that. Nowhere near fast enough from my point

763
00:36:43,120 --> 00:36:44,879
Speaker 7: of view or the board's point of view, but we

764
00:36:44,880 --> 00:36:48,320
Speaker 7: were making progress on that, and progress is still being made.

765
00:36:49,120 --> 00:36:53,200
Speaker 7: This is with all I've got various criticisms of what

766
00:36:53,880 --> 00:36:56,479
Speaker 7: has gone on and what's going on, but we all

767
00:36:56,520 --> 00:36:58,399
Speaker 7: have to hope that less to leave in the team

768
00:36:58,480 --> 00:37:00,520
Speaker 7: do get on top of these issues, is that if

769
00:37:00,560 --> 00:37:02,879
Speaker 7: they're choosing to do it by a regional structure, well

770
00:37:03,080 --> 00:37:05,040
Speaker 7: I wish them, well, I don't think it's the right

771
00:37:05,080 --> 00:37:07,200
Speaker 7: thing to do, but I wish that they can succeed

772
00:37:07,280 --> 00:37:07,520
Speaker 7: with it.

773
00:37:07,600 --> 00:37:10,000
Speaker 2: What do you make of the fourteen layers debate?

774
00:37:11,719 --> 00:37:14,560
Speaker 7: Well, the fourteen layers were invented, weren't they. There are

775
00:37:14,600 --> 00:37:18,400
Speaker 7: some parts of the health service system which I would

776
00:37:18,400 --> 00:37:21,920
Speaker 7: say even more layers than that. There are other parts

777
00:37:21,920 --> 00:37:24,080
Speaker 7: which don't have anything like that. But that was a

778
00:37:24,080 --> 00:37:27,000
Speaker 7: bit of a spurious argument put up by the Prime

779
00:37:27,000 --> 00:37:31,080
Speaker 7: Minister and doctor Rieti. But there is, nevertheless, and has

780
00:37:31,200 --> 00:37:33,360
Speaker 7: been a lot of bureaucracy there and part of the

781
00:37:33,480 --> 00:37:37,279
Speaker 7: making of Cafara Wura was specifically designed to strip out

782
00:37:37,320 --> 00:37:40,560
Speaker 7: some of that bureaucracy at the district level in order

783
00:37:40,680 --> 00:37:43,600
Speaker 7: to place more attention at the local level. So it's

784
00:37:43,600 --> 00:37:46,319
Speaker 7: a transitional phase that we're going through, all right.

785
00:37:46,360 --> 00:37:51,520
Speaker 2: And did you and the Health New Zealand Executive organize

786
00:37:51,680 --> 00:37:54,640
Speaker 2: very poor financial management systems? And did you have no

787
00:37:54,760 --> 00:37:56,560
Speaker 2: idea what was happening in terms of the money.

788
00:37:57,480 --> 00:38:01,240
Speaker 7: No, that that's I think the polite It was a firfy. Frankly,

789
00:38:02,160 --> 00:38:06,160
Speaker 7: the systems that were inherited were in many instances outdated.

790
00:38:06,160 --> 00:38:09,280
Speaker 7: Some of the DHP systems were okay somewhere absolutely terrible

791
00:38:09,320 --> 00:38:11,640
Speaker 7: and they didn't match. So it has been a hell

792
00:38:11,640 --> 00:38:13,520
Speaker 7: of a job for the team to try and pull

793
00:38:13,560 --> 00:38:17,760
Speaker 7: together a proper national system. But it certainly is something

794
00:38:17,760 --> 00:38:20,200
Speaker 7: that has been worked on and they are making progress

795
00:38:20,239 --> 00:38:23,760
Speaker 7: with so that idea that nothing's being done is simply

796
00:38:23,800 --> 00:38:24,680
Speaker 7: misleading and wrong.

797
00:38:25,120 --> 00:38:26,879
Speaker 2: Rob Campbell. I think if you're time today, the former

798
00:38:26,920 --> 00:38:29,239
Speaker 2: chairy of Ta Fata Auto or Health New Zealand, it's

799
00:38:29,280 --> 00:38:34,959
Speaker 2: twelve after five, all right. Hamas's leader, Ismail Honeyer, has

800
00:38:35,040 --> 00:38:39,360
Speaker 2: been assassinated inside to that one inside around themselves. He

801
00:38:39,440 --> 00:38:41,880
Speaker 2: was in around to attend the presidents where in ceremony

802
00:38:41,880 --> 00:38:45,080
Speaker 2: on Tuesday. No one has claimed responsibility as of yet,

803
00:38:45,120 --> 00:38:49,440
Speaker 2: but analysts on Iranian state TV immediately began blaming Israel

804
00:38:49,480 --> 00:38:51,879
Speaker 2: for the attack and considering the tensions in the area,

805
00:38:51,920 --> 00:38:54,560
Speaker 2: this is not good. Robert Patman, of course, is our

806
00:38:54,600 --> 00:38:58,000
Speaker 2: international relations professor at Otago University. I go to guy,

807
00:38:58,040 --> 00:38:59,320
Speaker 2: he's with us now, Good evening.

808
00:38:59,120 --> 00:39:01,320
Speaker 21: Robert, good evening, Andrew.

809
00:39:01,800 --> 00:39:04,400
Speaker 2: Is this significant he was the top man at Hamas.

810
00:39:06,120 --> 00:39:09,200
Speaker 21: It's very significant, but not perhaps in the way that

811
00:39:09,320 --> 00:39:11,920
Speaker 21: it first seems on the Facebook. It seems like a

812
00:39:11,960 --> 00:39:16,239
Speaker 21: great trial from mister Nesnil, who has said that he

813
00:39:16,280 --> 00:39:19,319
Speaker 21: would it made no secret the fact that he wants

814
00:39:19,360 --> 00:39:24,000
Speaker 21: to eradicate Hamas and taking out the top political leader

815
00:39:24,239 --> 00:39:28,000
Speaker 21: would seem to be part of that process. The question is, however,

816
00:39:28,040 --> 00:39:33,239
Speaker 21: does this make Israel more secure? And that remains to

817
00:39:33,239 --> 00:39:38,439
Speaker 21: be seen, because clearly Israel has taking a considerable risk

818
00:39:38,719 --> 00:39:43,120
Speaker 21: in doing this. Hanne here was one of the negotiators

819
00:39:43,120 --> 00:39:50,480
Speaker 21: involved in the hostage negotiations in Kata and so to

820
00:39:50,560 --> 00:39:54,560
Speaker 21: take him out sends a signal perhaps that Nestl who

821
00:39:54,560 --> 00:39:57,840
Speaker 21: puts the fate of the hostages somewhat below his concerns

822
00:39:57,840 --> 00:40:00,240
Speaker 21: to annihilate or eradicate.

823
00:39:59,640 --> 00:40:02,400
Speaker 2: Hammer And I mentioned it was in Iran, you know,

824
00:40:02,520 --> 00:40:07,080
Speaker 2: and Israel already absolutely, yeah, Israel already. They've not commented

825
00:40:07,239 --> 00:40:10,120
Speaker 2: on it. They never comment when an assassination is carried

826
00:40:10,120 --> 00:40:13,280
Speaker 2: out by the moss Ed intelligence agency. So this looks

827
00:40:13,400 --> 00:40:16,000
Speaker 2: like pretty deep, deep, sort of stuff.

828
00:40:17,320 --> 00:40:20,040
Speaker 21: Well, it looks like Iran will probably feel like they

829
00:40:20,080 --> 00:40:24,320
Speaker 21: have to respond to this. It's no secret that Iran's

830
00:40:24,320 --> 00:40:29,040
Speaker 21: been backing Hamas and this is you know, there was

831
00:40:29,080 --> 00:40:34,040
Speaker 21: the attack on the consulate in Damascus, the Iranian consulate,

832
00:40:34,120 --> 00:40:38,040
Speaker 21: which killed six or seven Iranian officials, which is a

833
00:40:38,040 --> 00:40:42,440
Speaker 21: complete breach of international law, and they've now assassinated the leader.

834
00:40:42,480 --> 00:40:44,839
Speaker 21: The problem is, I don't think there'll be any shortage

835
00:40:45,400 --> 00:40:50,480
Speaker 21: of leaders or potential leaders to replace Haniah within Hamas leadership.

836
00:40:51,120 --> 00:40:53,640
Speaker 21: There seems to be a presumption that you can engineer

837
00:40:53,680 --> 00:40:56,719
Speaker 21: your way to peace through assassination. But the fact of

838
00:40:56,760 --> 00:41:00,960
Speaker 21: the matter is, unless Israel provides a path political self

839
00:41:01,000 --> 00:41:05,200
Speaker 21: determination for the Palestinian people, I think such tactics are

840
00:41:05,719 --> 00:41:09,920
Speaker 21: unlikely to really deliver the security that Israel is seeking.

841
00:41:10,000 --> 00:41:11,800
Speaker 2: Robert, thank you so much. Robert Patman, the director of

842
00:41:11,880 --> 00:41:16,200
Speaker 2: International Affairs at the Otaga University. And yeah, worrying times.

843
00:41:16,200 --> 00:41:18,920
Speaker 2: It's fifteen after five texts through Andrew. I appreciate the

844
00:41:18,960 --> 00:41:21,640
Speaker 2: honest answers given by Rob Campbell, and that's from Colin

845
00:41:21,719 --> 00:41:23,400
Speaker 2: and I agree. What did we get from Rob Campbell?

846
00:41:23,440 --> 00:41:23,719
Speaker 7: Just then?

847
00:41:24,000 --> 00:41:28,359
Speaker 2: Yes, there's a bloat of bureaucracy. No, we did know

848
00:41:28,440 --> 00:41:32,000
Speaker 2: what the financial situation is. Yes, there is the chance

849
00:41:32,000 --> 00:41:35,480
Speaker 2: of more bureaucracy being created. Yes, the big fight is

850
00:41:35,480 --> 00:41:37,840
Speaker 2: always against bureaucracy. That's what he wanted to do. He

851
00:41:37,960 --> 00:41:41,359
Speaker 2: was progressing on it. Yes, we need to find out

852
00:41:41,440 --> 00:41:44,279
Speaker 2: doctors more than our hospitals. And you know what, that

853
00:41:44,400 --> 00:41:46,960
Speaker 2: sounds pretty much exactly what Shane Redding has been saying too.

854
00:41:47,360 --> 00:41:53,120
Speaker 2: It's five fifteen. All right, here's something pretty special, and

855
00:41:53,160 --> 00:41:55,400
Speaker 2: in all honesty, it's likely to be one of the

856
00:41:55,440 --> 00:41:58,920
Speaker 2: most jaw dropping Central Otago pinannand deals you will ever hear.

857
00:41:59,280 --> 00:42:03,399
Speaker 2: And it's available exclusively at the Good Wine Company. So

858
00:42:03,520 --> 00:42:06,640
Speaker 2: the wine is being sold as the mystery premium Central

859
00:42:06,680 --> 00:42:10,560
Speaker 2: Otago Pino Noir twenty eighteen. Now, the name of this

860
00:42:10,640 --> 00:42:13,400
Speaker 2: Gibston Valley producer must be kept under wraps. This happens

861
00:42:13,400 --> 00:42:16,120
Speaker 2: from time to time due to tough economic conditions that

862
00:42:16,160 --> 00:42:19,680
Speaker 2: are slowed down and export and premium wine sales they

863
00:42:19,680 --> 00:42:22,680
Speaker 2: don't sell, so they've relabeled and repackaged stocks of their

864
00:42:22,719 --> 00:42:26,560
Speaker 2: premium labeled pino noirs. It normally sells for much much more.

865
00:42:26,800 --> 00:42:30,800
Speaker 2: But this wine is being sold urgently at an absorbsurd,

866
00:42:31,280 --> 00:42:35,359
Speaker 2: absurd fifteen ninety nine a bottle fifteen dollars in ninety

867
00:42:35,400 --> 00:42:38,200
Speaker 2: nine cents. And this is a Central Otago pino of

868
00:42:38,320 --> 00:42:42,360
Speaker 2: quality you'd normally never dream of picking up for fifteen

869
00:42:42,440 --> 00:42:45,280
Speaker 2: ninety nine, t one hundred percent Gibson fruit, no fining,

870
00:42:45,360 --> 00:42:50,240
Speaker 2: no filtration, twenty percent whole cluster fermentation, eleven months aging

871
00:42:50,280 --> 00:42:53,560
Speaker 2: and twenty five percent expensive New French oak. In short,

872
00:42:53,600 --> 00:42:56,080
Speaker 2: you're getting an awful lot of pino from twenty eighteen

873
00:42:56,440 --> 00:42:59,400
Speaker 2: for your money here fifteen ninety nine. It's risch and

874
00:42:59,440 --> 00:43:02,400
Speaker 2: it's lush, and it's silky, and it's unbelievable buying for

875
00:43:02,440 --> 00:43:04,960
Speaker 2: fifteen ninety nine. And if you order now you'll pay

876
00:43:05,040 --> 00:43:07,480
Speaker 2: just a dollar per case delivery to your door anywhere

877
00:43:07,480 --> 00:43:12,120
Speaker 2: in New Zealand, conditions to apply premium Central Otago Pino

878
00:43:12,400 --> 00:43:16,600
Speaker 2: for fifteen ninety nine. It's quite mad. Order online right

879
00:43:16,640 --> 00:43:21,240
Speaker 2: now at the Goodwine dot Co dot MZ or phone

880
00:43:21,600 --> 00:43:25,520
Speaker 2: eight hundred sixty six two six six two zed B.

881
00:43:26,600 --> 00:43:29,960
Speaker 2: It's happening, it's going ahead. The Olympic triathm will start

882
00:43:30,480 --> 00:43:33,600
Speaker 2: this evening New Zealand time there has been as I'm

883
00:43:33,640 --> 00:43:36,239
Speaker 2: sure you're aware, uncertainty over water quality in the River

884
00:43:36,320 --> 00:43:39,200
Speaker 2: Senne due to elevated bacteria levels and the fact that

885
00:43:39,239 --> 00:43:42,200
Speaker 2: it's the River Senn and they've got terrible wastewater and

886
00:43:42,280 --> 00:43:46,320
Speaker 2: storm water systems there. The latest tests apparently show compliance

887
00:43:46,320 --> 00:43:49,240
Speaker 2: with quality standards, and both the men's and women's event

888
00:43:49,400 --> 00:43:52,040
Speaker 2: will start on time with the men's events. Late Olympics

889
00:43:52,080 --> 00:43:55,080
Speaker 2: commentator Lelena Good is in Paris and joins me now

890
00:43:55,360 --> 00:43:57,799
Speaker 2: bon soir or bonjour, Lelena.

891
00:43:58,360 --> 00:44:00,920
Speaker 22: Yeah, bonzour for me, bon sat good evening. Nice to

892
00:44:01,000 --> 00:44:02,960
Speaker 22: chat to you, Lovely to speak to you from Paris.

893
00:44:03,160 --> 00:44:06,520
Speaker 2: There's that water any cleaner than yesterday or the day before.

894
00:44:07,640 --> 00:44:09,920
Speaker 23: Well, they were hoping a week of sunshine, which we

895
00:44:09,960 --> 00:44:13,319
Speaker 23: have had here actually in Paris, after the inclement weather

896
00:44:13,360 --> 00:44:15,960
Speaker 23: and the opening ceremony, we had a week of really

897
00:44:15,960 --> 00:44:18,640
Speaker 23: hot sunshine and the testing agents were saying that we

898
00:44:18,719 --> 00:44:21,239
Speaker 23: needed that heat to try and sort out the bacteria

899
00:44:21,640 --> 00:44:24,200
Speaker 23: in the sin. I would like to remind everyone that

900
00:44:24,239 --> 00:44:27,719
Speaker 23: the French authorities here have spent one point five billion

901
00:44:28,360 --> 00:44:31,600
Speaker 23: dollars on making sure that the water quality is suitable

902
00:44:31,880 --> 00:44:35,600
Speaker 23: for the triathlon. I have been across the Seine for work,

903
00:44:35,719 --> 00:44:40,040
Speaker 23: probably sixty four times in the last five days, and

904
00:44:40,080 --> 00:44:43,399
Speaker 23: I have not seen one person in the thirty four

905
00:44:43,440 --> 00:44:46,520
Speaker 23: degree heat bathing in the sin It's not something that's

906
00:44:46,560 --> 00:44:47,800
Speaker 23: appealing to a lot of people.

907
00:44:48,120 --> 00:44:50,359
Speaker 22: But the technicians have come out, they've tested the water.

908
00:44:50,440 --> 00:44:53,360
Speaker 23: The bacteria levels are fine, and according to them, the

909
00:44:53,440 --> 00:44:56,600
Speaker 23: races are definitely going ahead, with the women's kicking off shortly.

910
00:44:56,640 --> 00:44:58,680
Speaker 23: But the other thing is the other thing is it

911
00:44:58,719 --> 00:45:01,400
Speaker 23: did rain overnight, had rain at about three o'clock in

912
00:45:01,440 --> 00:45:03,319
Speaker 23: the morning, just when they made the call at three

913
00:45:03,400 --> 00:45:05,520
Speaker 23: thirty in the morning, so the rain came down. So

914
00:45:06,160 --> 00:45:09,319
Speaker 23: that's gonna stir the gorgeous girl up a little bit more.

915
00:45:09,320 --> 00:45:11,240
Speaker 23: And she is there is a protector of France.

916
00:45:11,600 --> 00:45:12,520
Speaker 22: That's why she's here.

917
00:45:12,920 --> 00:45:15,359
Speaker 23: She's sick once, so let's see if she can hold

918
00:45:15,360 --> 00:45:15,960
Speaker 23: off for the race.

919
00:45:16,080 --> 00:45:17,840
Speaker 2: Don't even start me on the fact that they advise

920
00:45:17,880 --> 00:45:19,719
Speaker 2: athletes at three thirty in the morning because most of

921
00:45:19,719 --> 00:45:21,440
Speaker 2: the athletes are asleep, so they have to tell the

922
00:45:21,480 --> 00:45:24,279
Speaker 2: coaches and so the ethics policy do not even know

923
00:45:24,440 --> 00:45:26,719
Speaker 2: the athletes are ready for a dawn race. They're not

924
00:45:26,760 --> 00:45:29,080
Speaker 2: ready for a midday race. Because here's the big thing now,

925
00:45:29,200 --> 00:45:30,080
Speaker 2: the heat.

926
00:45:31,040 --> 00:45:33,960
Speaker 23: Yes, yes, it's cooled off now, thank goodness. Yesterday was

927
00:45:33,960 --> 00:45:37,080
Speaker 23: thirty six degrees at around nine o'clock in the morning.

928
00:45:37,520 --> 00:45:39,840
Speaker 23: But it's definitely called off now with that rain. I

929
00:45:39,840 --> 00:45:41,799
Speaker 23: think the track will be a little greasy on the

930
00:45:41,800 --> 00:45:45,040
Speaker 23: bike though, lots of the roads are wet. And when

931
00:45:45,040 --> 00:45:47,360
Speaker 23: it comes to Hayden Wild, he's just a machine and

932
00:45:47,400 --> 00:45:48,200
Speaker 23: a motor on the bike.

933
00:45:48,239 --> 00:45:48,880
Speaker 22: It's the bike and.

934
00:45:49,480 --> 00:45:51,839
Speaker 23: In fact the swim is probably his first leg, the

935
00:45:51,840 --> 00:45:53,880
Speaker 23: worst leg. When it comes to the triathlon, it's the

936
00:45:53,880 --> 00:45:56,120
Speaker 23: one that has tried to focus on the most. So

937
00:45:56,440 --> 00:45:59,160
Speaker 23: for as much as it was proposed that if it

938
00:45:59,200 --> 00:46:01,480
Speaker 23: wouldn't go ahead to it would definitely go ahead on

939
00:46:01,480 --> 00:46:04,320
Speaker 23: Friday as a jew athlon. But that's not the Olympic

940
00:46:04,360 --> 00:46:07,080
Speaker 23: Triathlon and the French would be embarrassed by that.

941
00:46:07,280 --> 00:46:09,080
Speaker 22: So the triathlon is going ahead.

942
00:46:09,120 --> 00:46:11,399
Speaker 23: The testing has been down, the athletes are lining up

943
00:46:11,600 --> 00:46:15,239
Speaker 23: and hopefully we receive another metal for New Zealand via

944
00:46:15,360 --> 00:46:16,000
Speaker 23: Hayden Wild.

945
00:46:16,040 --> 00:46:18,560
Speaker 22: He won the bronze in Tokyo. He's got to go one.

946
00:46:18,440 --> 00:46:20,719
Speaker 2: Better now, just quietly, just between you and me, Livin,

947
00:46:20,880 --> 00:46:22,799
Speaker 2: let's just call the truth here, you know, come on,

948
00:46:22,880 --> 00:46:25,080
Speaker 2: it's the French. They spent one point five billion dollars

949
00:46:25,120 --> 00:46:27,400
Speaker 2: on it. The whole world is watching. I reckon it

950
00:46:27,400 --> 00:46:29,840
Speaker 2: would have gone ahead even if the water wasn't good enough.

951
00:46:30,760 --> 00:46:32,520
Speaker 23: Oh look, all I know is no one's swimming in

952
00:46:32,560 --> 00:46:34,360
Speaker 23: it at the moment, and even if they do swim

953
00:46:34,360 --> 00:46:34,960
Speaker 23: in it, they're not going.

954
00:46:34,960 --> 00:46:37,240
Speaker 22: To get sick today. They'll get sick next week.

955
00:46:37,640 --> 00:46:39,719
Speaker 23: There's a lot of money invested in it, a whole

956
00:46:39,719 --> 00:46:41,239
Speaker 23: lot of money invested in it, and I'm kind of

957
00:46:41,239 --> 00:46:43,320
Speaker 23: glad the triathlon will take place. I know my fellow

958
00:46:43,360 --> 00:46:45,719
Speaker 23: commentators are really pleased the fact that they'll be.

959
00:46:45,640 --> 00:46:47,400
Speaker 22: Calling a triathlon, not a jew athlon.

960
00:46:47,680 --> 00:46:50,320
Speaker 23: So it's going ahead, and they're revealing all the testing

961
00:46:50,360 --> 00:46:53,080
Speaker 23: as well, so as far as we know, it's full.

962
00:46:52,920 --> 00:46:53,839
Speaker 22: Kosher and good to go.

963
00:46:54,000 --> 00:46:55,960
Speaker 23: And I'm quite looking forward to watching the race, both

964
00:46:55,960 --> 00:46:56,840
Speaker 23: the women's and the men's.

965
00:46:56,880 --> 00:46:59,359
Speaker 2: Well. Nick Buley is doing the call tonight and that's

966
00:46:59,360 --> 00:47:02,200
Speaker 2: on gold Sport and it is at now five twenty

967
00:47:02,200 --> 00:47:05,080
Speaker 2: three the Vina Good. Thank you so much, au revoir.

968
00:47:08,440 --> 00:47:11,800
Speaker 1: Andrew Dickens cutting through the noise to get the facts.

969
00:47:12,000 --> 00:47:14,880
Speaker 1: It's Andrew Dickens fu hither due to see Ellen drive

970
00:47:15,040 --> 00:47:16,160
Speaker 1: with one New Zealand.

971
00:47:16,320 --> 00:47:18,560
Speaker 3: Let's get connected news talk as they'd be.

972
00:47:18,719 --> 00:47:20,880
Speaker 2: It's five twenty six. All sorts of things happen today,

973
00:47:21,000 --> 00:47:22,560
Speaker 2: all sorts of thing. It was a bit like sort

974
00:47:22,560 --> 00:47:24,719
Speaker 2: of you know, July thirty first, but it was you know,

975
00:47:25,600 --> 00:47:28,920
Speaker 2: well it is, but you know what I mean. From today,

976
00:47:29,000 --> 00:47:32,160
Speaker 2: strict loan affordability regulations have gone from the Credit Contracts

977
00:47:32,160 --> 00:47:36,040
Speaker 2: and Consumer Finance Act, hereforth known as the Triple CFA.

978
00:47:37,440 --> 00:47:41,160
Speaker 2: Now this ends the bizarre inquisitions into your personal life

979
00:47:41,160 --> 00:47:44,239
Speaker 2: that the bags indulged in before denying you alone. So

980
00:47:44,280 --> 00:47:45,840
Speaker 2: everyone's glad to see the back of those This is

981
00:47:45,840 --> 00:47:48,720
Speaker 2: good news for first home buyers. The loans of value

982
00:47:48,800 --> 00:47:51,719
Speaker 2: ratio rules have also eased, so again good news for

983
00:47:51,760 --> 00:47:54,560
Speaker 2: first home buyers and investors. So the question is how

984
00:47:54,600 --> 00:47:57,400
Speaker 2: green are these green shoots in the housing market. Well,

985
00:47:57,400 --> 00:48:00,160
Speaker 2: I read a report today which said home ownership for

986
00:48:00,360 --> 00:48:03,920
Speaker 2: typical first home buyers has gone from being solidly in

987
00:48:04,120 --> 00:48:07,400
Speaker 2: unaffordable territory at the start of the year to just

988
00:48:07,680 --> 00:48:14,319
Speaker 2: marginally unaffordable in June. Happy days, still tough. Meanwhile, facts out.

989
00:48:14,880 --> 00:48:17,600
Speaker 2: So it turns out the first home buyers are increasingly

990
00:48:17,600 --> 00:48:21,120
Speaker 2: buying townhouses. Townhouses made up to six percent of all

991
00:48:21,280 --> 00:48:24,680
Speaker 2: new dwelling consents in twenty twelve. Now they make up

992
00:48:24,719 --> 00:48:27,960
Speaker 2: nearly half forty five percent. They are I have to say,

993
00:48:28,000 --> 00:48:30,719
Speaker 2: the obvious solution. Most of England is made up of

994
00:48:30,800 --> 00:48:34,759
Speaker 2: terraced houses and townhouses, most inner suburbs in Australia. They're

995
00:48:34,800 --> 00:48:38,319
Speaker 2: grander than apartments. You're not sharing corridors, you don't have

996
00:48:38,400 --> 00:48:41,080
Speaker 2: people stomping on the roof above you, you don't have

997
00:48:41,120 --> 00:48:44,000
Speaker 2: to get into lifts with strangers. They are just like houses,

998
00:48:44,360 --> 00:48:47,640
Speaker 2: only smaller, with a couple of shared walls. But many

999
00:48:47,640 --> 00:48:49,799
Speaker 2: in New Zealand don't like the idea. They're persisted with

1000
00:48:49,840 --> 00:48:52,680
Speaker 2: the dream that their immigrants parents had back in the

1001
00:48:52,719 --> 00:48:55,359
Speaker 2: fifties and sixties, getting away from the terraced home and

1002
00:48:55,400 --> 00:48:58,320
Speaker 2: getting a standalone house with a garden in space and

1003
00:48:58,400 --> 00:49:01,680
Speaker 2: a dog. But you know, as our cities get larger,

1004
00:49:01,719 --> 00:49:03,880
Speaker 2: we end out living in suburbs far far away from

1005
00:49:03,920 --> 00:49:06,440
Speaker 2: the center, stuck in cars, growing congestion, not living the

1006
00:49:06,520 --> 00:49:09,720
Speaker 2: key we dream. A new generation just wants enough rooms

1007
00:49:09,760 --> 00:49:12,600
Speaker 2: for a family and a tolerable commute. They want a roof.

1008
00:49:13,520 --> 00:49:16,279
Speaker 2: Many of us lucky enough or old enough to have

1009
00:49:16,360 --> 00:49:19,560
Speaker 2: the standalone houses. We've been standing in the way of

1010
00:49:19,600 --> 00:49:23,800
Speaker 2: intensification in our suburbs. We've been Nimbi's. We are standing

1011
00:49:23,840 --> 00:49:26,360
Speaker 2: in the way of a generation who want the choice.

1012
00:49:26,800 --> 00:49:30,399
Speaker 2: Let the market decide. You may not choose to live

1013
00:49:30,400 --> 00:49:32,759
Speaker 2: in a townhouse, but you're not twenty four with a

1014
00:49:32,760 --> 00:49:35,319
Speaker 2: baby in a limited budget and you want a roof.

1015
00:49:36,760 --> 00:49:39,400
Speaker 2: And I understand that an earlier paradise is being corrupted,

1016
00:49:40,520 --> 00:49:44,520
Speaker 2: but I also understand it was always inevitable. News Talk

1017
00:49:44,640 --> 00:49:49,239
Speaker 2: z B, what happened in the Polkinghorn case today, I'm

1018
00:49:49,320 --> 00:49:51,879
Speaker 2: itching to know the whole world is when we look

1019
00:49:51,880 --> 00:49:54,759
Speaker 2: at our statistics on our websites, everyone is clicking on this.

1020
00:49:55,280 --> 00:49:57,840
Speaker 2: Chelsea Daniels is our reporter there. We will bring you

1021
00:49:57,880 --> 00:49:59,960
Speaker 2: the full report soon. A lot of it is about

1022
00:50:00,080 --> 00:50:05,200
Speaker 2: the rope that was found around Paulan's nick, so full

1023
00:50:05,239 --> 00:50:07,480
Speaker 2: detail is coming up right after News and Sport, which

1024
00:50:07,520 --> 00:50:09,200
Speaker 2: is next here on News Talks B.

1025
00:50:13,960 --> 00:50:27,040
Speaker 1: Everybody hard questions, strong opinion. Andrew Dickens on hither duples

1026
00:50:27,280 --> 00:50:30,839
Speaker 1: Eland drive with one New Zealand Let's get connected, News

1027
00:50:30,880 --> 00:50:31,600
Speaker 1: Talk said B.

1028
00:50:44,440 --> 00:50:46,759
Speaker 2: It's the case that everybody's talking about. I can tell

1029
00:50:46,800 --> 00:50:49,319
Speaker 2: you that the stats are in from our websites and

1030
00:50:49,320 --> 00:50:51,759
Speaker 2: everybody is clicking they want every little salacious detail. I

1031
00:50:51,760 --> 00:50:54,279
Speaker 2: mean it's got everything. It's got rich people and remy wear.

1032
00:50:54,520 --> 00:50:59,600
Speaker 2: It's got accusations of murder, accusations of suicide, drugs, sex

1033
00:50:59,640 --> 00:51:03,200
Speaker 2: and everything. It is the trial of Philip Polkinghorn and

1034
00:51:03,280 --> 00:51:06,360
Speaker 2: today was day three. The former is surgeon is accused

1035
00:51:06,400 --> 00:51:09,200
Speaker 2: of murdering his wife, Pauline Hannah, in April of twenty

1036
00:51:09,200 --> 00:51:13,800
Speaker 2: twenty one, but he maintains she took her own life.

1037
00:51:14,040 --> 00:51:16,440
Speaker 2: Chelsea Daniels has been in court and she's rushed across

1038
00:51:16,480 --> 00:51:18,400
Speaker 2: town and she joins me. Now, hello, Chelsea, hey a.

1039
00:51:19,320 --> 00:51:21,000
Speaker 2: So what was the focus of today's evidence.

1040
00:51:21,360 --> 00:51:25,480
Speaker 24: Well, day three centered around a bright orange rope hanging

1041
00:51:25,480 --> 00:51:28,759
Speaker 24: from a balustrade or a railing. Officers believe the rope

1042
00:51:28,840 --> 00:51:32,239
Speaker 24: Philip polking Horn said his wife had used to take

1043
00:51:32,280 --> 00:51:35,840
Speaker 24: her own life simply didn't have enough tension. A detective

1044
00:51:36,239 --> 00:51:39,920
Speaker 24: Alona Walton told the court attention test was done on

1045
00:51:39,960 --> 00:51:42,920
Speaker 24: the rope and it was unusual how it unraveled with

1046
00:51:43,080 --> 00:51:43,800
Speaker 24: little force.

1047
00:51:44,120 --> 00:51:45,960
Speaker 9: From memory, it was just like a finger and a

1048
00:51:46,000 --> 00:51:47,560
Speaker 9: thumb and it was like a light poll.

1049
00:51:47,600 --> 00:51:49,680
Speaker 7: It wasn't it certainly wasn't a hard yank.

1050
00:51:49,760 --> 00:51:52,200
Speaker 3: It was just a gentle light.

1051
00:51:52,280 --> 00:51:57,239
Speaker 24: Pol Sergeant Christian Ioga was the one who did the

1052
00:51:57,280 --> 00:52:00,239
Speaker 24: tension test, where he pinched the rope and pulled with

1053
00:52:00,400 --> 00:52:03,960
Speaker 24: minimal effort, to which it then unraveled. It unraveled so

1054
00:52:04,160 --> 00:52:07,360
Speaker 24: much that photo's first show at dangling overhead in the

1055
00:52:07,520 --> 00:52:10,759
Speaker 24: entrance way, and then others touched with it, touching the

1056
00:52:10,800 --> 00:52:14,040
Speaker 24: white tiles below. He then tested the part of the

1057
00:52:14,160 --> 00:52:17,720
Speaker 24: rope that was tied around three rods of that second

1058
00:52:17,760 --> 00:52:18,560
Speaker 24: floor railing.

1059
00:52:19,280 --> 00:52:21,480
Speaker 25: I put my finger on top to see if it

1060
00:52:21,480 --> 00:52:24,280
Speaker 25: would slide up and down, and again with a minimum tension,

1061
00:52:24,920 --> 00:52:28,680
Speaker 25: that rope that's tied around the three balustrades slipped down.

1062
00:52:28,600 --> 00:52:29,040
Speaker 3: A little bit.

1063
00:52:29,360 --> 00:52:32,319
Speaker 24: He said he didn't think it could sustain or support

1064
00:52:32,400 --> 00:52:35,840
Speaker 24: any weight. Ron Mansfield, the defense, has pointed out polking

1065
00:52:35,840 --> 00:52:38,200
Speaker 24: Horn has admitted he actually undid a bit of the

1066
00:52:38,280 --> 00:52:41,960
Speaker 24: rope prior to lessen the tension around his wife's neck.

1067
00:52:42,320 --> 00:52:44,600
Speaker 2: But the defense questioned, this test isn't.

1068
00:52:44,440 --> 00:52:48,799
Speaker 24: The yeah, So Ron Mansfield asked the detective Walton why

1069
00:52:48,920 --> 00:52:52,680
Speaker 24: she didn't speak to Polkinghorn after the test was done,

1070
00:52:53,040 --> 00:52:53,600
Speaker 24: in order to.

1071
00:52:53,600 --> 00:52:57,160
Speaker 26: See whether there might be a very logical explanation for

1072
00:52:57,239 --> 00:53:00,520
Speaker 26: where the loosely core rope on top of the stairs,

1073
00:53:00,960 --> 00:53:03,439
Speaker 26: so easily once again just fell downstairs.

1074
00:53:03,960 --> 00:53:06,400
Speaker 24: And like I said, he noted his client had already

1075
00:53:06,440 --> 00:53:07,960
Speaker 24: admitted touching the rope that.

1076
00:53:08,000 --> 00:53:10,880
Speaker 26: Morning, and then within that statement you would have noted

1077
00:53:10,920 --> 00:53:15,800
Speaker 26: that it read I did the following things, and because

1078
00:53:17,320 --> 00:53:23,759
Speaker 26: I was so flustered, I undid the belt and rope

1079
00:53:24,320 --> 00:53:27,760
Speaker 26: from around Pauline's leg and then went upstairs to undo

1080
00:53:28,400 --> 00:53:30,360
Speaker 26: the knock from the court.

1081
00:53:30,560 --> 00:53:31,160
Speaker 3: Can you see that?

1082
00:53:32,080 --> 00:53:35,080
Speaker 2: All right? So we know? And police told us that

1083
00:53:35,120 --> 00:53:38,480
Speaker 2: they examined the scene for eight days and all that

1084
00:53:38,520 --> 00:53:41,360
Speaker 2: was detailed this afternoon. Can you tell us anything about that?

1085
00:53:41,719 --> 00:53:41,879
Speaker 8: Well?

1086
00:53:41,920 --> 00:53:46,240
Speaker 24: Police scoured every one of the three hundred and seventy

1087
00:53:46,280 --> 00:53:49,920
Speaker 24: square meters of that Upland Road home, four bedrooms, four bathrooms,

1088
00:53:49,960 --> 00:53:53,000
Speaker 24: the library, the kitchen, the study, the laundry, everything. A

1089
00:53:53,120 --> 00:53:57,200
Speaker 24: Sergeant Iioga assumed the role of officer in charge of

1090
00:53:57,239 --> 00:54:00,439
Speaker 24: the scene. He was asked using photos to take through

1091
00:54:00,480 --> 00:54:02,920
Speaker 24: the examination and some of the things he found along

1092
00:54:02,960 --> 00:54:05,960
Speaker 24: the way. He noted a pink container with like riding

1093
00:54:06,320 --> 00:54:08,720
Speaker 24: in a drawer and an en suite, a red littered

1094
00:54:08,760 --> 00:54:12,399
Speaker 24: container in the master bedroom, a brown black box under

1095
00:54:12,400 --> 00:54:15,239
Speaker 24: the bed with a buttane lighter is.

1096
00:54:15,160 --> 00:54:18,760
Speaker 25: It a box beside it? Yes, that is a box

1097
00:54:18,760 --> 00:54:21,680
Speaker 25: beside it. And then upon opening the box, as you

1098
00:54:21,719 --> 00:54:26,680
Speaker 25: can see in image ninety seven, it revealed a used

1099
00:54:26,680 --> 00:54:30,880
Speaker 25: glass pipe which is commonly used to smoke meth amphetamine.

1100
00:54:32,320 --> 00:54:35,360
Speaker 24: We know that thirty seven point seven grams of myth

1101
00:54:35,400 --> 00:54:38,000
Speaker 24: that would be found in total dotted all around the house.

1102
00:54:38,200 --> 00:54:40,120
Speaker 24: And the trial will continue tomorrow.

1103
00:54:40,160 --> 00:54:41,680
Speaker 2: Andrew, quite a few people have said to me that

1104
00:54:41,760 --> 00:54:43,719
Speaker 2: thirty seven grams, there's quite a lot of myth. And

1105
00:54:43,760 --> 00:54:45,520
Speaker 2: I've actually said back to them, how do you know?

1106
00:54:46,360 --> 00:54:49,280
Speaker 24: Well, I made my own inquiries. I didn't know this either,

1107
00:54:49,360 --> 00:54:52,800
Speaker 24: but apparently a a dose is usually around a tenth

1108
00:54:52,880 --> 00:54:54,440
Speaker 24: of a gram, right, okay.

1109
00:54:55,200 --> 00:54:57,560
Speaker 2: And meanwhile, all this that you are seeing is going

1110
00:54:57,600 --> 00:55:00,040
Speaker 2: to be made into a podcast, Yes.

1111
00:55:00,120 --> 00:55:02,520
Speaker 24: Accused, the Pulkinghorn Trial.

1112
00:55:02,760 --> 00:55:03,440
Speaker 22: You can find it.

1113
00:55:03,400 --> 00:55:08,080
Speaker 24: On the front page, podcast feed or on iHeartRadio or

1114
00:55:08,080 --> 00:55:09,200
Speaker 24: wherever you get your podcast.

1115
00:55:09,360 --> 00:55:11,320
Speaker 2: Chelsea, thank you for your work, See you again tomorrow.

1116
00:55:11,400 --> 00:55:12,160
Speaker 2: It is nineteen to.

1117
00:55:12,120 --> 00:55:16,360
Speaker 1: Six The Huddle with New Zealand Sotheby's International Realty on

1118
00:55:16,600 --> 00:55:18,800
Speaker 1: Parallel Reach and Results.

1119
00:55:19,160 --> 00:55:21,400
Speaker 2: And you night know the whole We've got Shane Curry,

1120
00:55:21,800 --> 00:55:25,399
Speaker 2: media insider and media man at Large and also Nick

1121
00:55:25,440 --> 00:55:28,760
Speaker 2: Legg gets the CEO of Infrastruction New Zealand and hello

1122
00:55:29,080 --> 00:55:31,560
Speaker 2: to you both. Hello Shane Evening, Andrew.

1123
00:55:31,239 --> 00:55:33,400
Speaker 21: Hello Nick, Hello Andrew.

1124
00:55:33,920 --> 00:55:36,520
Speaker 2: Very good Shae. As a media man, you must know

1125
00:55:36,600 --> 00:55:38,640
Speaker 2: that this case has got everything, hasn't it?

1126
00:55:38,640 --> 00:55:41,520
Speaker 27: It sure does, And there's been a lot of discussion

1127
00:55:41,560 --> 00:55:45,080
Speaker 27: beforehand just around the media rules. Obviously it's a very

1128
00:55:45,080 --> 00:55:47,640
Speaker 27: delicate case and a lot of respects. But I think

1129
00:55:47,680 --> 00:55:50,880
Speaker 27: every man, woman and their dog is in the press

1130
00:55:50,880 --> 00:55:54,879
Speaker 27: gallery at the moment in the High Court covering the case.

1131
00:55:54,920 --> 00:55:58,080
Speaker 27: And you know it's a huge case. I mean you

1132
00:55:58,160 --> 00:56:00,759
Speaker 27: talked about the interest on the wind site and I

1133
00:56:00,880 --> 00:56:04,080
Speaker 27: don't think I've seen these sort of numbers since probably

1134
00:56:04,239 --> 00:56:08,239
Speaker 27: you know, smart hope right, sort of case, and it's huge.

1135
00:56:08,280 --> 00:56:10,359
Speaker 2: Interesting, Well, there's three big stories as well. Of course,

1136
00:56:10,360 --> 00:56:12,760
Speaker 2: it's the health New Zealand, the bloating, the fourteen layers

1137
00:56:12,840 --> 00:56:14,920
Speaker 2: of bureaucracy. What did you make of that, Nick.

1138
00:56:16,640 --> 00:56:21,239
Speaker 5: Well, it's not not unexpected in many ways, is that

1139
00:56:21,400 --> 00:56:24,880
Speaker 5: we know that you know what is what was dressed

1140
00:56:24,960 --> 00:56:29,839
Speaker 5: up as health reform was really technocratic reform and it's

1141
00:56:29,960 --> 00:56:34,440
Speaker 5: very difficult to see where that actually improves those frontline

1142
00:56:35,080 --> 00:56:38,880
Speaker 5: and those sort of things like cancer treatments for New Zealanders,

1143
00:56:39,360 --> 00:56:42,680
Speaker 5: and I do worry it's very removed from the needs

1144
00:56:42,719 --> 00:56:45,080
Speaker 5: of keiweeds, you know, whether it's getting to your doctor

1145
00:56:45,560 --> 00:56:48,279
Speaker 5: or getting the treatment that you need. And we know

1146
00:56:48,400 --> 00:56:52,359
Speaker 5: that there's a that's a system under stress and underfunded,

1147
00:56:52,400 --> 00:56:54,839
Speaker 5: and we think about farmac rolled into that as well,

1148
00:56:54,840 --> 00:56:59,160
Speaker 5: although that's probably technically separate. It's it almost feels like

1149
00:56:59,200 --> 00:57:03,719
Speaker 5: a conversation that's happening amongst the sort of insiders rather

1150
00:57:03,800 --> 00:57:06,480
Speaker 5: than one that really we're key. We can see their

1151
00:57:06,560 --> 00:57:07,360
Speaker 5: need to reflect it.

1152
00:57:07,520 --> 00:57:08,960
Speaker 2: This is true, but it is a very complex thing,

1153
00:57:09,000 --> 00:57:10,399
Speaker 2: and I think it's very ad hoc. I think they've

1154
00:57:10,440 --> 00:57:13,280
Speaker 2: sort of bolted stuff onto, bolted stuff on to bolted

1155
00:57:13,320 --> 00:57:15,160
Speaker 2: stuff on too, if you know what I mean. As

1156
00:57:15,239 --> 00:57:18,200
Speaker 2: new treatments come through, they bolted on. It becomes a

1157
00:57:18,240 --> 00:57:20,920
Speaker 2: new bureaucracy. And this has been going on for years.

1158
00:57:21,080 --> 00:57:23,480
Speaker 2: I don't think we've had I think we've had a

1159
00:57:23,520 --> 00:57:27,200
Speaker 2: bloated bureaucracy for a very long time, not just the

1160
00:57:27,280 --> 00:57:30,760
Speaker 2: last Labor administration, but for decades Beforehandshan.

1161
00:57:30,280 --> 00:57:32,880
Speaker 27: Definitely definitely it's been not going on for years. I've

1162
00:57:32,920 --> 00:57:35,960
Speaker 27: got huge confidence and Lester Levy, both from a private

1163
00:57:35,960 --> 00:57:39,200
Speaker 27: business point of view and his experience in the health

1164
00:57:39,280 --> 00:57:42,200
Speaker 27: sector to actually be the person to help sort it out.

1165
00:57:42,240 --> 00:57:43,760
Speaker 27: I know there's a lot of debate around the four

1166
00:57:43,800 --> 00:57:46,920
Speaker 27: regional managers that have been announced and whether or not

1167
00:57:46,960 --> 00:57:49,600
Speaker 27: that's just another kind of bolt on as well Andrew,

1168
00:57:49,640 --> 00:57:52,760
Speaker 27: but I certainly think and just looking at their backgrounds,

1169
00:57:52,800 --> 00:57:55,320
Speaker 27: they do have a great mix of being both formerly

1170
00:57:55,400 --> 00:58:00,960
Speaker 27: frontline medical staff and great experience as leaders, and I

1171
00:58:00,960 --> 00:58:02,840
Speaker 27: think that's exactly what the health sector needs.

1172
00:58:02,920 --> 00:58:04,600
Speaker 2: Very good stuff. Okay, we're in the huddle. We have

1173
00:58:04,680 --> 00:58:06,600
Speaker 2: Nick Leggot, we have Shane Curry. We're back in a moment.

1174
00:58:06,640 --> 00:58:08,000
Speaker 2: We're in the water of the sea and it is

1175
00:58:08,040 --> 00:58:09,440
Speaker 2: sixteen two six.

1176
00:58:10,440 --> 00:58:15,160
Speaker 1: The huddle with New Zealand Southby's International Realty exceptional marketing

1177
00:58:15,200 --> 00:58:16,200
Speaker 1: for every property.

1178
00:58:17,160 --> 00:58:20,000
Speaker 2: Yes, and on the huddle Nick Leggat and also Shane Curry.

1179
00:58:20,040 --> 00:58:22,000
Speaker 2: So I said there were three big stories bulking Horn

1180
00:58:22,080 --> 00:58:24,360
Speaker 2: Health New Zealand, and the third one has been the triathlon.

1181
00:58:24,400 --> 00:58:29,120
Speaker 2: Will they or won't they? They are? Shane, do you believe? Sorry,

1182
00:58:29,120 --> 00:58:30,840
Speaker 2: I just make sure that your microphone's on then we go.

1183
00:58:31,080 --> 00:58:33,440
Speaker 2: It's the big red button do you believe that the

1184
00:58:33,480 --> 00:58:36,320
Speaker 2: water is actually clean or they the pressure is too great.

1185
00:58:36,440 --> 00:58:38,680
Speaker 27: No, the water's not clean. I listened to Levina before,

1186
00:58:38,720 --> 00:58:41,120
Speaker 27: and she's been living in Paris for the last few

1187
00:58:41,160 --> 00:58:43,280
Speaker 27: weeks and hasn't seen anyone in the river apart from

1188
00:58:43,280 --> 00:58:45,200
Speaker 27: the Mia. Of course, there's anyone seen the Mia since

1189
00:58:45,200 --> 00:58:47,720
Speaker 27: she no two ago.

1190
00:58:47,880 --> 00:58:50,800
Speaker 2: You know what I've down funny about that goes, well,

1191
00:58:50,880 --> 00:58:53,040
Speaker 2: I get into the water, I come out of the water.

1192
00:58:53,160 --> 00:58:54,800
Speaker 2: I am fine. I'm going yeah, but the bugs are

1193
00:58:54,840 --> 00:58:56,040
Speaker 2: going to hit you in twenty four hours, in.

1194
00:58:56,040 --> 00:58:57,880
Speaker 27: A couple of weeks. Look, I'm sure they'll be fine.

1195
00:58:57,920 --> 00:58:59,440
Speaker 27: I know that they You know, there was obviously a

1196
00:58:59,480 --> 00:59:02,640
Speaker 27: pre Olympic event last year and the athletes didn't have

1197
00:59:02,680 --> 00:59:05,160
Speaker 27: any issues. Following that, the rain has been an issue.

1198
00:59:05,160 --> 00:59:07,360
Speaker 27: I see it's overcast in Paris right now, but we're

1199
00:59:07,400 --> 00:59:10,520
Speaker 27: only minutes away from from the women's triathline actually starting,

1200
00:59:10,560 --> 00:59:12,840
Speaker 27: so it's great to see. I don't think you know

1201
00:59:12,880 --> 00:59:15,680
Speaker 27: the likes of Hayden wild If and let's hope that

1202
00:59:15,720 --> 00:59:18,440
Speaker 27: he will get another medal. I think he will, but

1203
00:59:18,680 --> 00:59:20,800
Speaker 27: if it was to be a duathlon, that'll always be

1204
00:59:20,840 --> 00:59:22,080
Speaker 27: that asterisk besides it, right.

1205
00:59:22,600 --> 00:59:26,520
Speaker 2: Terrible and Nick, Nick actually with your you had on

1206
00:59:26,600 --> 00:59:28,840
Speaker 2: the CEO of the infrastructure and all that, what's happened

1207
00:59:28,880 --> 00:59:31,200
Speaker 2: in Paris is a huge lesson for Auckland and everywhere

1208
00:59:31,200 --> 00:59:34,640
Speaker 2: else where. We haven't separated as systems A oh, I

1209
00:59:34,640 --> 00:59:36,760
Speaker 2: haven't cooked you on airs like I'm so sorry, Oh

1210
00:59:36,880 --> 00:59:37,440
Speaker 2: did we go there?

1211
00:59:38,320 --> 00:59:41,920
Speaker 5: Look, I think when I when I read, when I followed,

1212
00:59:41,920 --> 00:59:44,200
Speaker 5: as I followed this story, I have been thinking.

1213
00:59:44,240 --> 00:59:44,720
Speaker 15: This is.

1214
00:59:46,160 --> 00:59:50,600
Speaker 5: A really important spotlight on you know, on Paris, but

1215
00:59:50,680 --> 00:59:54,520
Speaker 5: actually it's something that every world community can relate to

1216
00:59:54,960 --> 00:59:59,440
Speaker 5: the health of our waterways, the impacts of wastewater and

1217
00:59:59,560 --> 01:00:03,640
Speaker 5: storm water, both in wet and dry weather. And if

1218
01:00:03,680 --> 01:00:06,040
Speaker 5: you think, you know, there's been massive outrage in the

1219
01:00:06,160 --> 01:00:12,040
Speaker 5: UK in recent months around or actually years in relation

1220
01:00:12,160 --> 01:00:14,160
Speaker 5: to the same sort of issues, we are not immune

1221
01:00:14,160 --> 01:00:16,560
Speaker 5: from it here and so I think it actually places

1222
01:00:16,640 --> 01:00:20,960
Speaker 5: quite an important spotlight on the health of our waterways

1223
01:00:20,960 --> 01:00:25,160
Speaker 5: and rivers and the impact of cities and you know,

1224
01:00:25,200 --> 01:00:28,680
Speaker 5: the ability for the natural environment to sort of you know,

1225
01:00:29,320 --> 01:00:33,720
Speaker 5: survive with the right kind of treatments and the right

1226
01:00:34,040 --> 01:00:36,720
Speaker 5: and the right care, and so infrastructure is obviously a

1227
01:00:36,720 --> 01:00:39,800
Speaker 5: massive part of that. So you know, I want I

1228
01:00:39,840 --> 01:00:45,360
Speaker 5: want the I want the the the triathlon to occur.

1229
01:00:45,720 --> 01:00:47,840
Speaker 5: I think we all want to follow that. But I

1230
01:00:47,880 --> 01:00:50,680
Speaker 5: think we also need to all learn the lesson from

1231
01:00:50,680 --> 01:00:53,720
Speaker 5: what's going on there and not snigger about it, because

1232
01:00:53,760 --> 01:00:56,000
Speaker 5: it's something that's in our backyards as well.

1233
01:00:56,120 --> 01:00:57,800
Speaker 2: It's very, very serious, and let's not getting to a

1234
01:00:57,840 --> 01:01:00,360
Speaker 2: debate about three waters, ten waters, fifteen war or no

1235
01:01:00,440 --> 01:01:03,120
Speaker 2: waters at all, or be here all night. But what

1236
01:01:03,160 --> 01:01:04,880
Speaker 2: I will talk about is the one in five G

1237
01:01:05,000 --> 01:01:06,520
Speaker 2: and S staff which could be laid off of the

1238
01:01:06,560 --> 01:01:09,120
Speaker 2: latest public service cut. And some people have come out

1239
01:01:09,160 --> 01:01:11,960
Speaker 2: and said, and particularly people in the science community, so

1240
01:01:12,080 --> 01:01:14,360
Speaker 2: that we're actually cutting too many people out from the

1241
01:01:14,400 --> 01:01:17,400
Speaker 2: science community. The Callahan Institute has been gutted and now

1242
01:01:17,480 --> 01:01:20,560
Speaker 2: g and S is being gutted. But surely these people

1243
01:01:20,560 --> 01:01:23,040
Speaker 2: are public servants. But don't we need scientists.

1244
01:01:23,480 --> 01:01:26,720
Speaker 27: We need scientists. And yes there is I think of

1245
01:01:26,760 --> 01:01:30,480
Speaker 27: a round one fifth of the workforce at Geness that

1246
01:01:30,520 --> 01:01:32,080
Speaker 27: they're looking at. And of course we've seen it with

1247
01:01:32,160 --> 01:01:36,040
Speaker 27: Neira as well Andrew unfortunately, and I have deep sympathy

1248
01:01:36,080 --> 01:01:39,120
Speaker 27: for every individual who's affected. But you know, this government

1249
01:01:39,160 --> 01:01:42,360
Speaker 27: has been very clear just about the cuts that are

1250
01:01:42,400 --> 01:01:44,760
Speaker 27: needed and we're all facing it as taxpayers, we're all

1251
01:01:44,760 --> 01:01:48,440
Speaker 27: facing it in private business. Wellington should be no exception.

1252
01:01:49,080 --> 01:01:52,720
Speaker 27: The interesting thing, and I covered this earlier this week

1253
01:01:52,800 --> 01:01:56,160
Speaker 27: with the closure today of Senate Communications, and it's now

1254
01:01:56,160 --> 01:02:00,640
Speaker 27: a lot of downstream industries that are losing contracts as

1255
01:02:00,680 --> 01:02:03,640
Speaker 27: a result of the public sector cutbacks. It's now impact

1256
01:02:03,760 --> 01:02:06,760
Speaker 27: starting to impact very deeply in the Wellington private sector

1257
01:02:06,800 --> 01:02:07,040
Speaker 27: as well.

1258
01:02:07,080 --> 01:02:09,720
Speaker 2: Yes, it is, because we had so many people there

1259
01:02:09,760 --> 01:02:11,920
Speaker 2: in that economy, so that's going to affect it. Nick

1260
01:02:11,960 --> 01:02:15,120
Speaker 2: knows that because he's down that economy as well. But

1261
01:02:16,480 --> 01:02:19,880
Speaker 2: here's the thing, Nick, ask a doctor. You know, you

1262
01:02:19,920 --> 01:02:21,760
Speaker 2: can cut the fat, you can cut the disease, but

1263
01:02:21,800 --> 01:02:23,720
Speaker 2: you don't want to cut the good meat. And I

1264
01:02:24,480 --> 01:02:27,680
Speaker 2: wonder sometimes whether the cuts have been too broad.

1265
01:02:28,720 --> 01:02:29,840
Speaker 21: Well, this is the concern.

1266
01:02:29,920 --> 01:02:33,640
Speaker 5: As we're seeing here. It doesn't look like a sort

1267
01:02:33,640 --> 01:02:39,360
Speaker 5: of a specific attempt to cut excess fat. It just

1268
01:02:39,360 --> 01:02:42,760
Speaker 5: looks like an across the board reduction. And I think

1269
01:02:42,760 --> 01:02:48,040
Speaker 5: that's the danger with this, these cutbacks across the public sector.

1270
01:02:48,720 --> 01:02:52,200
Speaker 5: We know that the government feels that it's been spending

1271
01:02:52,200 --> 01:02:55,280
Speaker 5: too much, and it was elected on that mandate and

1272
01:02:55,560 --> 01:02:58,280
Speaker 5: they're now delivering on it. What concerns me is does

1273
01:02:58,280 --> 01:03:00,840
Speaker 5: anybody think that New Zealand spends too much on research

1274
01:03:00,880 --> 01:03:04,120
Speaker 5: and development? Does anybody think that we've got we know

1275
01:03:04,280 --> 01:03:08,760
Speaker 5: enough around the sort of services that GENS providers in

1276
01:03:08,840 --> 01:03:12,440
Speaker 5: terms of earthquakes and and other knowledge of of of

1277
01:03:13,080 --> 01:03:13,680
Speaker 5: New Zealand.

1278
01:03:14,040 --> 01:03:15,040
Speaker 21: I don't think we do.

1279
01:03:15,200 --> 01:03:17,439
Speaker 5: And that's that's really the challenge here.

1280
01:03:17,840 --> 01:03:19,160
Speaker 21: So I think that you can.

1281
01:03:19,080 --> 01:03:23,560
Speaker 5: Say, well, broadly, there's a reason the governments has undertaken

1282
01:03:23,640 --> 01:03:27,560
Speaker 5: this policy direction, but you know, when it comes to

1283
01:03:27,600 --> 01:03:29,960
Speaker 5: these sort of services, it does make you think, gee,

1284
01:03:30,000 --> 01:03:32,600
Speaker 5: there could have been a little bit more direction or

1285
01:03:32,680 --> 01:03:33,680
Speaker 5: discretion of people.

1286
01:03:33,800 --> 01:03:36,760
Speaker 2: The problem. The problem there is time. You know, you

1287
01:03:36,760 --> 01:03:40,880
Speaker 2: can have so much discretion, so much analysis, paralysis, and

1288
01:03:40,880 --> 01:03:43,160
Speaker 2: then before you know it, you know it's taken a

1289
01:03:43,200 --> 01:03:44,080
Speaker 2: year and you've done nothing.

1290
01:03:45,280 --> 01:03:46,120
Speaker 21: Well I don't.

1291
01:03:46,240 --> 01:03:48,080
Speaker 5: I don't accept that. I mean, I think there are

1292
01:03:48,080 --> 01:03:54,080
Speaker 5: ways of being more focused and still reducing costs. And

1293
01:03:54,360 --> 01:03:58,200
Speaker 5: but look, look it's happening, and you're absolutely right, both

1294
01:03:58,200 --> 01:04:02,040
Speaker 5: of you, that it's not us the downstream services the

1295
01:04:02,320 --> 01:04:05,280
Speaker 5: wider economy. There are thousands of people losing their jobs

1296
01:04:05,320 --> 01:04:08,920
Speaker 5: every week across New Zealand, and we actually need to

1297
01:04:09,320 --> 01:04:12,920
Speaker 5: recognize that as well as those people who obviously we

1298
01:04:13,520 --> 01:04:16,240
Speaker 5: obviously simplithize with the public service that are going through

1299
01:04:16,240 --> 01:04:16,720
Speaker 5: the same thing.

1300
01:04:16,800 --> 01:04:18,800
Speaker 2: Nick, you obviously don't understand the concept of the huddle,

1301
01:04:18,840 --> 01:04:20,400
Speaker 2: which is where we all disagree and then we come

1302
01:04:20,480 --> 01:04:21,880
Speaker 2: to blows at the end of it. But I thank

1303
01:04:21,920 --> 01:04:23,960
Speaker 2: you anyway all the very best, saying coming all the

1304
01:04:24,040 --> 01:04:26,920
Speaker 2: very best NEWSALKB. It is seven to six.

1305
01:04:29,160 --> 01:04:31,720
Speaker 1: Up on your smart speaker, on the iHeart app and

1306
01:04:31,800 --> 01:04:35,040
Speaker 1: in your car on your drive home. Heather dupleic Allen

1307
01:04:35,160 --> 01:04:39,080
Speaker 1: drive with one New Zealand one Giant Leap for Business

1308
01:04:39,400 --> 01:04:40,120
Speaker 1: News Talk.

1309
01:04:40,120 --> 01:04:44,320
Speaker 2: ZIB Newshawks be on the triathon. It's at eight forty

1310
01:04:44,320 --> 01:04:46,360
Speaker 2: five tonight for coverage of course on gold Sport. Nick

1311
01:04:46,400 --> 01:04:48,680
Speaker 2: Buley's doing the call and Hayden Wild's and there can

1312
01:04:48,720 --> 01:04:51,400
Speaker 2: I just say hello and good luck to Dylan McCulloch

1313
01:04:51,960 --> 01:04:55,160
Speaker 2: who's also in the triathon and we'll also be competing,

1314
01:04:55,200 --> 01:04:58,240
Speaker 2: and no one's mentioned him. I know Hayden's very very

1315
01:04:58,240 --> 01:05:00,920
Speaker 2: good and has a chance, but Dylan has trained his

1316
01:05:01,880 --> 01:05:04,600
Speaker 2: train his little legs off and I wish him only

1317
01:05:04,640 --> 01:05:06,480
Speaker 2: the best as well other big things I'm looking forward

1318
01:05:06,520 --> 01:05:09,200
Speaker 2: to today, We've got Shannon Cox and Jackie Kittle in

1319
01:05:09,320 --> 01:05:11,800
Speaker 2: rowing the lightweight double skull that's happening round about ninet

1320
01:05:11,800 --> 01:05:13,200
Speaker 2: thirty four. So you can watch a bit of the

1321
01:05:14,080 --> 01:05:16,440
Speaker 2: you can listen, I should say to a little bit

1322
01:05:16,440 --> 01:05:19,360
Speaker 2: of the Tathlin on gold Sport. Can I just say

1323
01:05:19,440 --> 01:05:22,880
Speaker 2: as well? Or iHeartRadio just search gold Sport and then

1324
01:05:22,920 --> 01:05:25,040
Speaker 2: you can walk over to the double skulls. That's a

1325
01:05:25,080 --> 01:05:28,840
Speaker 2: semi final and Joe La and Molly Metsch in the

1326
01:05:28,840 --> 01:05:33,320
Speaker 2: forty nine is FX a bit later on. Now, okay,

1327
01:05:33,440 --> 01:05:37,240
Speaker 2: the assassination of this fella in Tehran obviously the Middle

1328
01:05:37,240 --> 01:05:40,000
Speaker 2: East a worry. It's still a worry with the Hootie rebels.

1329
01:05:40,040 --> 01:05:44,160
Speaker 2: I've been seeing videos on social media of Hooti rebels

1330
01:05:44,200 --> 01:05:47,600
Speaker 2: in diggings and boats and they come rocking up to

1331
01:05:47,640 --> 01:05:51,400
Speaker 2: a container boat with some submachine guns and they storm

1332
01:05:51,400 --> 01:05:53,320
Speaker 2: it and they take over it, and there we go.

1333
01:05:53,480 --> 01:05:55,640
Speaker 2: Now we've got some captains actually saying let's not go

1334
01:05:55,720 --> 01:05:57,720
Speaker 2: down the Red Sea, and you know what that means.

1335
01:05:57,760 --> 01:06:00,280
Speaker 2: Problems for our importers and our exporters. You know what

1336
01:06:00,360 --> 01:06:03,800
Speaker 2: I saw the other day. I saw a fella in

1337
01:06:03,800 --> 01:06:05,640
Speaker 2: a speedboat come in to try and hijack a ship,

1338
01:06:05,680 --> 01:06:07,600
Speaker 2: and they all started shooting from the ship and you

1339
01:06:07,600 --> 01:06:11,360
Speaker 2: know what, his his little speedboat blew up. I thought, wow,

1340
01:06:11,560 --> 01:06:14,000
Speaker 2: this is full bore. So the Hooties and the Red Sea.

1341
01:06:14,120 --> 01:06:16,280
Speaker 2: We'll talk about this next here on News Talks.

1342
01:06:16,320 --> 01:06:16,520
Speaker 8: It be.

1343
01:06:21,040 --> 01:06:24,440
Speaker 28: You got the fattest car. It's fast enough, so we

1344
01:06:24,480 --> 01:06:29,000
Speaker 28: can fly away stealing and make a decision. Leave now

1345
01:06:29,120 --> 01:06:58,680
Speaker 28: and live died this way.

1346
01:06:45,160 --> 01:06:47,840
Speaker 1: Keeping tracking with the money as he blowing with the

1347
01:06:48,120 --> 01:06:52,240
Speaker 1: business hours with Andrew Dickens and my Hr on News

1348
01:06:52,280 --> 01:06:52,840
Speaker 1: Talks at b.

1349
01:06:56,840 --> 01:06:59,000
Speaker 2: Well, the women's triathan is off from racing in the

1350
01:06:59,040 --> 01:07:02,600
Speaker 2: muddy water. And the water is muddy, it is fair

1351
01:07:02,640 --> 01:07:06,240
Speaker 2: to say. But they're in and the men will be in.

1352
01:07:06,320 --> 01:07:08,439
Speaker 2: This whole thing is happening and does look quite epic,

1353
01:07:08,480 --> 01:07:11,120
Speaker 2: apart from the fact that the water looks muddy, which

1354
01:07:11,160 --> 01:07:13,600
Speaker 2: is true. Some people out of the newsroom have been commenting,

1355
01:07:13,680 --> 01:07:15,480
Speaker 2: I see, okay, we put the women in first to

1356
01:07:15,480 --> 01:07:17,000
Speaker 2: see whether it's deaarly and then we can put the

1357
01:07:17,040 --> 01:07:21,200
Speaker 2: men in. Yeah, women and children first, I guess, I jest.

1358
01:07:21,760 --> 01:07:24,479
Speaker 2: It is looking amazing, but boy, we'll be talking about

1359
01:07:24,480 --> 01:07:26,000
Speaker 2: this for a while. It is now eight minutes half

1360
01:07:26,000 --> 01:07:30,280
Speaker 2: to six, Okay, now, here's I won't call it doom

1361
01:07:30,280 --> 01:07:33,320
Speaker 2: and gloom, but it is certainly a concern. Shipping costs

1362
01:07:33,360 --> 01:07:36,720
Speaker 2: are going up again just as we just as we

1363
01:07:36,800 --> 01:07:39,280
Speaker 2: start turning the corner and the fight against inflation, one

1364
01:07:39,280 --> 01:07:42,480
Speaker 2: of those supply costs starts going up again. According to

1365
01:07:42,640 --> 01:07:47,320
Speaker 2: m FAT, global shipping rates have nearly doubled since April.

1366
01:07:48,040 --> 01:07:51,080
Speaker 2: Hootie attacks in the Red Sea are cited as a

1367
01:07:51,120 --> 01:07:54,680
Speaker 2: major problem. Shipping traffic in the Suez Canal is down

1368
01:07:54,760 --> 01:07:57,360
Speaker 2: fifty percent, and there's been what a drought in the

1369
01:07:57,360 --> 01:08:01,720
Speaker 2: Panama Canal as well. Awesomeushu are tan as executive director

1370
01:08:01,800 --> 01:08:04,280
Speaker 2: for Export New Zealand and joins me. Now, Hello, Joshua,

1371
01:08:05,080 --> 01:08:08,200
Speaker 2: Hey Andrew. Is this bad for our exporters like it

1372
01:08:08,320 --> 01:08:09,000
Speaker 2: was last time?

1373
01:08:10,000 --> 01:08:10,240
Speaker 8: Yeah?

1374
01:08:10,240 --> 01:08:12,760
Speaker 20: Look, I think it's not as bad as last time. Obviously,

1375
01:08:12,760 --> 01:08:15,520
Speaker 20: As you said, shipping rates have doubled nearly the bood

1376
01:08:15,520 --> 01:08:18,920
Speaker 20: since April, and containing costs an incredibly sense of at

1377
01:08:18,960 --> 01:08:20,800
Speaker 20: the moment, you know, and reacting to events around the

1378
01:08:20,800 --> 01:08:24,120
Speaker 20: world in real time. But what we've seen is that

1379
01:08:24,400 --> 01:08:29,040
Speaker 20: it's possibly, it's probably unlikely that costs increase to the

1380
01:08:29,080 --> 01:08:31,920
Speaker 20: same level that we saw during the pandemic. But it's

1381
01:08:31,920 --> 01:08:32,640
Speaker 20: not impossible.

1382
01:08:33,160 --> 01:08:35,200
Speaker 2: Is it bad for importers and is it bad for

1383
01:08:35,320 --> 01:08:36,200
Speaker 2: domestic inflation?

1384
01:08:37,880 --> 01:08:38,320
Speaker 7: Certainly?

1385
01:08:38,920 --> 01:08:41,439
Speaker 20: You know, in terms of domestic inflation, importers face the

1386
01:08:41,439 --> 01:08:45,439
Speaker 20: same issues as exporters do when it comes to shipping.

1387
01:08:45,920 --> 01:08:50,080
Speaker 20: You know, it's things shipping delays, cost at a sorry time,

1388
01:08:51,000 --> 01:08:54,599
Speaker 20: delays at different ports, and also things like an insurance

1389
01:08:54,600 --> 01:08:56,960
Speaker 20: as well, which really drive up those those costs for

1390
01:08:57,400 --> 01:08:58,400
Speaker 20: imports and exporters.

1391
01:08:58,520 --> 01:09:01,080
Speaker 2: Whenever people talk about inflation get better and better, they say,

1392
01:09:01,160 --> 01:09:03,479
Speaker 2: you know that is as long as as there were

1393
01:09:03,479 --> 01:09:07,080
Speaker 2: no external shocks. Would this qualify as an external shock?

1394
01:09:08,520 --> 01:09:09,040
Speaker 15: Absolutely?

1395
01:09:09,040 --> 01:09:11,360
Speaker 20: Look, you know we're impacted by what is happening around

1396
01:09:11,400 --> 01:09:13,519
Speaker 20: the world, so I certainly qualify us.

1397
01:09:14,160 --> 01:09:16,760
Speaker 2: So how much longer could the shot go on and

1398
01:09:17,000 --> 01:09:18,800
Speaker 2: or more importantly, could it get worse?

1399
01:09:20,320 --> 01:09:24,440
Speaker 20: Look, it's it's really hard to tell at this point obviously.

1400
01:09:25,040 --> 01:09:28,080
Speaker 20: You know, as I said before, it's impacted by what

1401
01:09:28,200 --> 01:09:33,880
Speaker 20: is happening in a major shipping route, and it really

1402
01:09:33,880 --> 01:09:37,360
Speaker 20: depends on how long those issues are potentially last for.

1403
01:09:37,560 --> 01:09:39,479
Speaker 2: It's amazing how depending the world is on a couple

1404
01:09:39,520 --> 01:09:42,639
Speaker 2: of canals. Who've got the sewers, and then between North

1405
01:09:42,640 --> 01:09:45,080
Speaker 2: America and South America, We've got the Panama and the

1406
01:09:45,080 --> 01:09:47,439
Speaker 2: Panama is having problems as well. Are they free of

1407
01:09:47,479 --> 01:09:48,360
Speaker 2: problems right now?

1408
01:09:49,200 --> 01:09:49,439
Speaker 3: Yeah?

1409
01:09:49,479 --> 01:09:52,479
Speaker 20: Look, some finding some good news. So an update on

1410
01:09:52,520 --> 01:09:54,840
Speaker 20: the Panama Canal is that the drought has ease there

1411
01:09:55,560 --> 01:09:58,960
Speaker 20: and that there are increased traffic was compared to earlier

1412
01:09:59,000 --> 01:10:01,080
Speaker 20: this year. So what we understand as that route is

1413
01:10:01,120 --> 01:10:01,960
Speaker 20: actually back to normal.

1414
01:10:02,640 --> 01:10:07,680
Speaker 2: Are there any other alternatives when these routes, particularly the

1415
01:10:07,720 --> 01:10:11,000
Speaker 2: Suez which is in a hotspot, Do we have any

1416
01:10:11,080 --> 01:10:14,000
Speaker 2: other alternatives that we can explore? Could there be other

1417
01:10:14,080 --> 01:10:17,400
Speaker 2: ways of doing this because we are being held hostage

1418
01:10:17,640 --> 01:10:19,080
Speaker 2: by some hooties.

1419
01:10:20,200 --> 01:10:22,760
Speaker 20: Look, that's a really good question. At the moment, there

1420
01:10:22,880 --> 01:10:28,080
Speaker 20: is a workaround to this issue. Instead of ships going

1421
01:10:28,160 --> 01:10:30,599
Speaker 20: through the red seat in the Seuez Canal, they're instead

1422
01:10:30,640 --> 01:10:33,599
Speaker 20: re routing cargo ships around the Cape of Good Hope

1423
01:10:33,600 --> 01:10:36,360
Speaker 20: in South Africa. Now this as typically around ten to

1424
01:10:36,360 --> 01:10:39,599
Speaker 20: twelve days to trips poet Singapore in Europe. But look

1425
01:10:39,600 --> 01:10:42,599
Speaker 20: at least you're getting ships visiting different ports.

1426
01:10:42,800 --> 01:10:44,599
Speaker 2: All right, Josh Dan, I think you for your time today,

1427
01:10:44,680 --> 01:10:47,639
Speaker 2: Export New Zealand executive director. How is this affecting business?

1428
01:10:47,680 --> 01:10:50,920
Speaker 2: I'll tell you. Sarah McCormick is the chief executive of

1429
01:10:50,960 --> 01:10:53,439
Speaker 2: a fresh fruit export by the name of Tomato Exports,

1430
01:10:53,479 --> 01:10:56,280
Speaker 2: and she says getting apples to Europe is very difficult.

1431
01:10:56,280 --> 01:10:58,240
Speaker 2: They have to ship around Africa to get it there.

1432
01:10:58,640 --> 01:11:01,479
Speaker 2: It's a very long transit for apples and more expensive

1433
01:11:01,520 --> 01:11:04,519
Speaker 2: as well. It's been a bit challenging. We've got Sirma

1434
01:11:04,640 --> 01:11:08,280
Speaker 2: Karapeva from the Meat Industry Association saying that shipping costs

1435
01:11:08,280 --> 01:11:11,680
Speaker 2: we're hitting meat companies in the pocket. It's the geopolitical

1436
01:11:11,760 --> 01:11:15,679
Speaker 2: uncertainty the Panama now the Suez Canal. It's just additional

1437
01:11:15,720 --> 01:11:19,599
Speaker 2: complexity and cost. He says, it's not anything we can

1438
01:11:19,640 --> 01:11:22,160
Speaker 2: control directly, but it's certainly something that the companies are

1439
01:11:22,200 --> 01:11:24,960
Speaker 2: very mindful of. It's taking the bite off the profit line.

1440
01:11:25,040 --> 01:11:28,519
Speaker 2: It's making imports and the exports more expensive. You've been warned.

1441
01:11:28,720 --> 01:11:31,240
Speaker 2: It's twelve minutes half to six and this is News

1442
01:11:31,240 --> 01:11:34,120
Speaker 2: Talks NB the Business Hour. We've got the Ease Credit

1443
01:11:34,160 --> 01:11:36,640
Speaker 2: Contracts and Consumer Finance Act. We'll talk about this in

1444
01:11:36,720 --> 01:11:43,280
Speaker 2: a moment with our Wellington Business editor Jane Tims Trainey.

1445
01:11:43,040 --> 01:11:46,360
Speaker 3: Crunching the numbers and getting the results. It's Heather dup

1446
01:11:46,520 --> 01:11:48,439
Speaker 3: c Ellen with the business hours.

1447
01:11:48,479 --> 01:11:51,920
Speaker 1: Thanks to my HR, the HR platform for SME on

1448
01:11:52,080 --> 01:11:53,639
Speaker 1: News TALKSB.

1449
01:11:53,760 --> 01:11:57,120
Speaker 2: News Talks HP, the business hour is now six point fifteen.

1450
01:11:57,120 --> 01:12:01,479
Speaker 2: Well from today, the strict loan affordability regulations are gone

1451
01:12:02,080 --> 01:12:04,920
Speaker 2: or certainly changed for the Credit Contracts and Consumer Finance Act,

1452
01:12:05,000 --> 01:12:08,200
Speaker 2: henceforth known as the Triple CFA, which is a lot

1453
01:12:08,280 --> 01:12:11,960
Speaker 2: more catchy. And this ends the bizarre inquisitions that the

1454
01:12:11,960 --> 01:12:14,160
Speaker 2: banks used to make into your personal life before they

1455
01:12:14,320 --> 01:12:16,920
Speaker 2: denied you alone. Here's the big question that I've got

1456
01:12:16,960 --> 01:12:20,040
Speaker 2: for our Wellington Business editor, Jeanne tim Tradey. Hello, Jennae,

1457
01:12:20,640 --> 01:12:23,200
Speaker 2: Hey Andrew. This is going to make getting money easier.

1458
01:12:24,680 --> 01:12:26,840
Speaker 9: I don't think it's going to make a really big

1459
01:12:26,880 --> 01:12:31,360
Speaker 9: difference in the current environment unfortunately, but the positive is

1460
01:12:31,400 --> 01:12:34,480
Speaker 9: it should be quicker to get a loan. So basically

1461
01:12:35,080 --> 01:12:39,400
Speaker 9: Commerson Consumer Affairs Minister Andrew Bailey has taken an ax

1462
01:12:39,720 --> 01:12:43,080
Speaker 9: to the Triple CFA. He's basically put a red pen

1463
01:12:43,240 --> 01:12:47,519
Speaker 9: through eleven pages of regulations. These are the ones that

1464
01:12:47,640 --> 01:12:51,680
Speaker 9: require lenders to be really prescriptive about the checks they

1465
01:12:51,720 --> 01:12:54,080
Speaker 9: do and whether you can or can't afford to take

1466
01:12:54,120 --> 01:12:56,280
Speaker 9: out a loan. So a more googe or another type

1467
01:12:56,280 --> 01:12:59,000
Speaker 9: of loan for a car or for some shopping you

1468
01:12:59,040 --> 01:13:01,559
Speaker 9: need to do with something like that. So instead of

1469
01:13:01,640 --> 01:13:05,559
Speaker 9: requiring lenders to check your bank statements with a fine

1470
01:13:05,560 --> 01:13:08,040
Speaker 9: tooth comb to see if you can afford the loan,

1471
01:13:09,360 --> 01:13:12,920
Speaker 9: now lenders can use their own discretion, so they can

1472
01:13:13,200 --> 01:13:17,400
Speaker 9: take different approaches for different customers. It's really putting the

1473
01:13:17,439 --> 01:13:22,480
Speaker 9: onus on the lender to decide how best to assess affordability.

1474
01:13:22,920 --> 01:13:25,240
Speaker 9: The issue, Andrew is at the moment interest rates are

1475
01:13:25,280 --> 01:13:27,840
Speaker 9: really high, and that is the thing that's preventing people

1476
01:13:27,880 --> 01:13:30,280
Speaker 9: from getting loans. So you know, whether you buy too

1477
01:13:30,320 --> 01:13:33,040
Speaker 9: much takeaways or whatever isn't as much of an issue

1478
01:13:33,040 --> 01:13:35,280
Speaker 9: as the pure fact that the interest rates are just

1479
01:13:35,800 --> 01:13:38,840
Speaker 9: really high. The thing that will help is if these

1480
01:13:38,880 --> 01:13:41,160
Speaker 9: processes that the lenders have to follow are a bit

1481
01:13:41,200 --> 01:13:45,280
Speaker 9: more simple, that should speed up the loan application process.

1482
01:13:45,640 --> 01:13:48,400
Speaker 2: I was talking earlier to such a Lockley who's from

1483
01:13:48,479 --> 01:13:51,439
Speaker 2: the social lender money sweet Spot, and I said that

1484
01:13:51,479 --> 01:13:53,640
Speaker 2: the rules were drawn up to stop loan sharks in

1485
01:13:53,640 --> 01:13:56,480
Speaker 2: the first place, but the problem with them, the unexpected

1486
01:13:56,520 --> 01:13:59,479
Speaker 2: consequence was that it also stopped banks from issuing smaller

1487
01:13:59,560 --> 01:14:04,160
Speaker 2: loans particular, which ironically drove people back to loan sharks again.

1488
01:14:04,760 --> 01:14:06,880
Speaker 2: So now my question will be, now, with all those

1489
01:14:06,880 --> 01:14:10,840
Speaker 2: regulations gone, will the loan sharks be back in business?

1490
01:14:11,280 --> 01:14:13,559
Speaker 9: Well, that is such a good question, Andrew, and I

1491
01:14:13,560 --> 01:14:16,080
Speaker 9: mean I don't know the answer to that. That the

1492
01:14:16,800 --> 01:14:21,840
Speaker 9: tinkering that's happened with this piece of legislation has been extensive.

1493
01:14:22,240 --> 01:14:25,880
Speaker 9: So the previous government relaxed the rules in May twenty

1494
01:14:25,880 --> 01:14:30,040
Speaker 9: twenty three and July twenty twenty two after changes made

1495
01:14:30,080 --> 01:14:33,920
Speaker 9: in December twenty twenty one were deemed to be too

1496
01:14:34,040 --> 01:14:36,840
Speaker 9: heavy handed and too problematic. So it's yet to be

1497
01:14:36,920 --> 01:14:40,679
Speaker 9: seen whether Andrew Bailey has struck the right balance here.

1498
01:14:41,040 --> 01:14:44,839
Speaker 9: I mean, it is really difficult when so many different

1499
01:14:44,880 --> 01:14:49,720
Speaker 9: types of lending are captured by one piece of legislation.

1500
01:14:49,960 --> 01:14:52,000
Speaker 9: You know, it's very different if you're trying to get

1501
01:14:52,000 --> 01:14:55,120
Speaker 9: a five hundred thousand dollars mortgage versus if you're trying

1502
01:14:55,160 --> 01:14:57,840
Speaker 9: to get one thousand dollars for groceries.

1503
01:14:58,080 --> 01:14:59,559
Speaker 2: If you know what I mean, I absolutely know what

1504
01:14:59,600 --> 01:15:01,960
Speaker 2: you mean. So also today, I mean it was like

1505
01:15:02,040 --> 01:15:04,320
Speaker 2: it was like right after a budget, you know, this

1506
01:15:04,439 --> 01:15:06,200
Speaker 2: was the day it was like Match thirty first. Really,

1507
01:15:06,479 --> 01:15:09,040
Speaker 2: so many changes loans to value ratio went as well,

1508
01:15:09,120 --> 01:15:11,160
Speaker 2: and everybody saying, this is all a great day for

1509
01:15:11,200 --> 01:15:13,320
Speaker 2: first home buyers. And I decided. I came up with

1510
01:15:13,360 --> 01:15:15,839
Speaker 2: the idea that maybe we're still in the dark tunnel,

1511
01:15:15,880 --> 01:15:17,439
Speaker 2: but we're a third of the way through, and we

1512
01:15:17,479 --> 01:15:19,160
Speaker 2: can see the light right now, and it's about time

1513
01:15:19,160 --> 01:15:20,360
Speaker 2: we started getting our mojo back.

1514
01:15:20,400 --> 01:15:22,640
Speaker 9: What do you reckon, Well, I'd love love it if

1515
01:15:22,640 --> 01:15:26,479
Speaker 9: we got our mojo back. I mean, you know, some

1516
01:15:26,560 --> 01:15:30,640
Speaker 9: of these rules are really there to protect us from ourselves,

1517
01:15:30,760 --> 01:15:33,519
Speaker 9: you know, in terms of the loan to value ratios

1518
01:15:33,520 --> 01:15:35,719
Speaker 9: are another one. You know, it is important that people

1519
01:15:35,720 --> 01:15:38,920
Speaker 9: don't take out more debt than they can realistically serve uce.

1520
01:15:39,160 --> 01:15:41,760
Speaker 9: So I think with the triple CFA changes, he said

1521
01:15:41,880 --> 01:15:45,479
Speaker 9: LVR rules, the Reserve Bank is loosening them only a

1522
01:15:45,479 --> 01:15:48,160
Speaker 9: little bit, so they're not as heavy handed in terms

1523
01:15:48,200 --> 01:15:50,320
Speaker 9: of the size of the deposit that you need when

1524
01:15:50,360 --> 01:15:53,080
Speaker 9: you borrow money. But then they are introducing a new

1525
01:15:53,200 --> 01:15:55,839
Speaker 9: rule which is requiring you to have a certain amount

1526
01:15:55,840 --> 01:15:59,080
Speaker 9: of income compared to the debt that you want to

1527
01:15:59,080 --> 01:16:01,519
Speaker 9: take out. That's those debt to income rules that have

1528
01:16:01,600 --> 01:16:05,960
Speaker 9: been debated now for many years. So there's quite a

1529
01:16:06,000 --> 01:16:08,880
Speaker 9: cocktail of things happening in the background. The thing that

1530
01:16:08,920 --> 01:16:11,960
Speaker 9: I think everyone is looking out for is interest rates

1531
01:16:12,080 --> 01:16:14,559
Speaker 9: and interest rate cuts and whether the first i CR

1532
01:16:14,640 --> 01:16:17,400
Speaker 9: cut will in fact be in coming months.

1533
01:16:17,640 --> 01:16:20,360
Speaker 2: Yes, But at the same time today we hear about

1534
01:16:20,400 --> 01:16:23,880
Speaker 2: inflation in Australia and we're expecting interest rate rises over

1535
01:16:23,960 --> 01:16:27,599
Speaker 2: there to the four percent level. So you know, you know, boy,

1536
01:16:27,680 --> 01:16:29,920
Speaker 2: it is a big milanch. Hey, Jiney, I thank you

1537
01:16:29,960 --> 01:16:33,000
Speaker 2: so very very much for your time today, Jane Tibrashaney

1538
01:16:33,439 --> 01:16:36,439
Speaker 2: Tim Triny, who is our well in to business editor.

1539
01:16:36,800 --> 01:16:39,280
Speaker 2: Now here's the other thing, of course, and I was

1540
01:16:39,280 --> 01:16:43,280
Speaker 2: thinking about it while Jane was talking, is that most

1541
01:16:43,280 --> 01:16:45,599
Speaker 2: of us are financially literate. Most of us don't take

1542
01:16:45,680 --> 01:16:50,479
Speaker 2: stupid risks. Most of us are absolutely petrified about going

1543
01:16:50,479 --> 01:16:53,320
Speaker 2: into a debt we can't pay back. A majority of

1544
01:16:53,320 --> 01:16:56,080
Speaker 2: people are not a minority, I should say, are not

1545
01:16:56,720 --> 01:17:01,000
Speaker 2: a minority, are financially vulnerable. And some of these are

1546
01:17:01,000 --> 01:17:04,080
Speaker 2: written in a way to protect that small minority, which

1547
01:17:04,080 --> 01:17:06,120
Speaker 2: is why they overstep the mark from time to time.

1548
01:17:06,320 --> 01:17:09,080
Speaker 2: But it needs to be remembered. It is now six

1549
01:17:09,240 --> 01:17:11,000
Speaker 2: twenty and this is news Talk's hib.

1550
01:17:11,439 --> 01:17:15,360
Speaker 1: Everything from SMEs to the big corporates, The Business Hour

1551
01:17:15,640 --> 01:17:19,479
Speaker 1: with Andrew Dickens and my HR, the HR platform for

1552
01:17:19,640 --> 01:17:20,679
Speaker 1: sme US talks.

1553
01:17:20,720 --> 01:17:20,920
Speaker 25: H B.

1554
01:17:22,280 --> 01:17:25,000
Speaker 2: Well, fascinating watching the women's triathan which is glowing in

1555
01:17:25,000 --> 01:17:26,760
Speaker 2: the court of my studio. I note that they do

1556
01:17:26,840 --> 01:17:28,719
Speaker 2: one lap and then they jump out of the water,

1557
01:17:29,040 --> 01:17:30,680
Speaker 2: and then they run down and bridges and then they

1558
01:17:30,760 --> 01:17:34,360
Speaker 2: jump back in again. It's almost like one dose won't

1559
01:17:34,360 --> 01:17:36,800
Speaker 2: do it, but two. My though, they're now exiting the

1560
01:17:36,800 --> 01:17:38,759
Speaker 2: water for the second time and climbing up some stairs,

1561
01:17:38,840 --> 01:17:42,120
Speaker 2: so that means that the bike ride is about to start,

1562
01:17:42,200 --> 01:17:44,479
Speaker 2: and then the run and then the men and the

1563
01:17:44,520 --> 01:17:46,760
Speaker 2: men are kicking off later on tonight eight forty five,

1564
01:17:47,640 --> 01:17:50,200
Speaker 2: as the type. Now, this is the Business Hour, this

1565
01:17:50,240 --> 01:17:52,439
Speaker 2: is News Talk's HIB and I welcome to the program

1566
01:17:52,439 --> 01:17:56,200
Speaker 2: our senior analyst from Milford Accip Management, Steffanie Bachelor.

1567
01:17:56,240 --> 01:17:57,840
Speaker 7: Good evening, Hi yah.

1568
01:17:58,520 --> 01:18:01,400
Speaker 2: Now you'd think that even bad times, people would still

1569
01:18:01,439 --> 01:18:04,040
Speaker 2: be eating chips and there'd still be money in chips,

1570
01:18:04,080 --> 01:18:06,679
Speaker 2: but apparently there isn't. With one of the world's largest

1571
01:18:06,680 --> 01:18:11,160
Speaker 2: frozen French fry producers, Lamb Western, in some trouble today,

1572
01:18:11,160 --> 01:18:12,240
Speaker 2: So tell us about that stuff.

1573
01:18:13,320 --> 01:18:17,240
Speaker 8: Yeah, that's right. So Lamb Western, which is the largest

1574
01:18:17,240 --> 01:18:19,600
Speaker 8: French fry producer in the US. They've had a bit

1575
01:18:19,640 --> 01:18:22,719
Speaker 8: of a rocky year. Shares were already down about thirty

1576
01:18:22,760 --> 01:18:26,000
Speaker 8: percent this year before they reported financial results, and there

1577
01:18:26,000 --> 01:18:27,840
Speaker 8: are a lot of investors thinking, you know, this is

1578
01:18:27,880 --> 01:18:30,679
Speaker 8: starting to look pretty attractive and shares are looking pretty cheap.

1579
01:18:31,040 --> 01:18:33,040
Speaker 8: But it's a great lesson in that the cheap can

1580
01:18:33,080 --> 01:18:36,759
Speaker 8: always become cheaper. So shares actually fell a further twenty

1581
01:18:36,800 --> 01:18:38,800
Speaker 8: eight percent on the day of the result, which was

1582
01:18:38,840 --> 01:18:41,240
Speaker 8: the biggest one they move in the history of the company,

1583
01:18:41,680 --> 01:18:44,200
Speaker 8: and so shares are now down almost fifty percent this year.

1584
01:18:44,320 --> 01:18:50,040
Speaker 2: The chips are down, they are they are What were

1585
01:18:50,080 --> 01:18:52,800
Speaker 2: the key issues in the result that would cause such

1586
01:18:52,840 --> 01:18:54,400
Speaker 2: a severe price reaction.

1587
01:18:54,920 --> 01:18:57,479
Speaker 8: Well, there are a few things going on. They've been

1588
01:18:57,520 --> 01:18:59,479
Speaker 8: losing market share because they did a bit of a

1589
01:18:59,520 --> 01:19:02,880
Speaker 8: software transition, and they also had a voluntary product withdrawal.

1590
01:19:03,080 --> 01:19:06,800
Speaker 8: But the main issue is soft restaurant traffic. So people

1591
01:19:06,800 --> 01:19:09,120
Speaker 8: are feeling the pinch from the cost of living crisis,

1592
01:19:09,200 --> 01:19:12,559
Speaker 8: and with restaurants and fast food companies having raised prices

1593
01:19:12,600 --> 01:19:14,920
Speaker 8: so much of the last couple of years, it's now

1594
01:19:14,960 --> 01:19:17,439
Speaker 8: just too expensive to eat out, so people are choosing

1595
01:19:17,520 --> 01:19:20,400
Speaker 8: to eat at home instead, and that obviously means a

1596
01:19:20,400 --> 01:19:23,679
Speaker 8: lot fewer French fries are being bought. At the same time,

1597
01:19:23,960 --> 01:19:27,240
Speaker 8: LAMB Wiston has been building new production plants, which isn't

1598
01:19:27,280 --> 01:19:30,240
Speaker 8: great if the demand isn't there, and now they're actually

1599
01:19:30,280 --> 01:19:32,040
Speaker 8: having to cut prices to try to.

1600
01:19:32,000 --> 01:19:34,360
Speaker 4: Win back some of that market share that they've lost.

1601
01:19:34,520 --> 01:19:38,040
Speaker 2: Are other producers of French fries or chips also seeing

1602
01:19:38,080 --> 01:19:38,559
Speaker 2: the same thing?

1603
01:19:39,760 --> 01:19:42,160
Speaker 8: Yeah, So I mentioned lam Western is the largest one

1604
01:19:42,160 --> 01:19:44,519
Speaker 8: in the US, They've got about forty percent market share,

1605
01:19:44,880 --> 01:19:47,559
Speaker 8: and there are two other large players with about fifty

1606
01:19:47,560 --> 01:19:50,360
Speaker 8: percent share between them, So it's a pretty cozy sort

1607
01:19:50,400 --> 01:19:53,479
Speaker 8: of oligopoly. And what lam Western is saying is pretty

1608
01:19:53,479 --> 01:19:57,439
Speaker 8: representative of the overall industry. But they've said they've seen

1609
01:19:57,479 --> 01:20:00,720
Speaker 8: negative restaurant traffic trends before, but they've never seen them

1610
01:20:00,760 --> 01:20:03,720
Speaker 8: this prolonged, and the trends are actually still continuing to

1611
01:20:03,760 --> 01:20:06,599
Speaker 8: decline even over the last months, so it doesn't look

1612
01:20:06,640 --> 01:20:08,240
Speaker 8: like there are any green shoots just yet.

1613
01:20:08,320 --> 01:20:10,720
Speaker 2: Yeah, and everyone's getting hurt. We reported earlier about the

1614
01:20:11,000 --> 01:20:14,519
Speaker 2: report from McDonald's, which is that's aligning with what LAMB

1615
01:20:14,560 --> 01:20:15,280
Speaker 2: Western is saying.

1616
01:20:15,320 --> 01:20:19,439
Speaker 8: Really, Yeah, so McDonald's one of lam Weston's largest customers,

1617
01:20:19,479 --> 01:20:22,320
Speaker 8: and the result was also pretty weak. They actually had

1618
01:20:22,320 --> 01:20:25,960
Speaker 8: their first global sales declined since twenty twenty, and they

1619
01:20:25,960 --> 01:20:29,839
Speaker 8: said the consumers becoming increasingly pressured. They're really looking for value,

1620
01:20:30,120 --> 01:20:33,439
Speaker 8: particularly in those lower income households, and following a lot

1621
01:20:33,479 --> 01:20:36,639
Speaker 8: of those price increases, McDonald's just no longer seen as

1622
01:20:36,640 --> 01:20:39,559
Speaker 8: a value option, so they're trying to combat this. They've

1623
01:20:39,640 --> 01:20:42,600
Speaker 8: launched a five dollar meal deal in late June, and

1624
01:20:42,680 --> 01:20:45,600
Speaker 8: management seemed pretty upbeat about the early traction from this,

1625
01:20:45,760 --> 01:20:48,320
Speaker 8: but they did also kind of hint that there's going

1626
01:20:48,360 --> 01:20:51,639
Speaker 8: to need to be more value going forward. And despite

1627
01:20:51,680 --> 01:20:54,639
Speaker 8: the negative result of McDonald's shares were actually up about

1628
01:20:54,640 --> 01:20:57,679
Speaker 8: four percent, which shows just how negative investors were going

1629
01:20:57,720 --> 01:20:59,880
Speaker 8: into the results. So it was weak, but it wasn't

1630
01:21:00,080 --> 01:21:03,000
Speaker 8: as terrible as they expected. So you know, sometimes the

1631
01:21:03,000 --> 01:21:05,760
Speaker 8: share price reaction can be quite hard to pick quarter

1632
01:21:05,840 --> 01:21:06,200
Speaker 8: to quarter.

1633
01:21:06,520 --> 01:21:09,280
Speaker 2: Thank you so much, Stephanie, senior analysts from Milford's Asset

1634
01:21:09,320 --> 01:21:11,800
Speaker 2: Management Sefany Bachelor off, you go have some chips for dinner.

1635
01:21:12,920 --> 01:21:14,559
Speaker 21: Thank you, thank you.

1636
01:21:15,520 --> 01:21:17,759
Speaker 2: It is now six twenty six and they are riding

1637
01:21:17,880 --> 01:21:21,320
Speaker 2: in the women's triathen and they're riding on cobbles, and

1638
01:21:21,360 --> 01:21:23,679
Speaker 2: the cobbles are wet after rain, and it looks sippery,

1639
01:21:23,760 --> 01:21:28,680
Speaker 2: so there's bound to be a disaster shortly. It is, Yes,

1640
01:21:28,720 --> 01:21:30,599
Speaker 2: six twenty seven. I want to tell you a story

1641
01:21:30,600 --> 01:21:33,840
Speaker 2: about COVID, flag flu bugs and behavior, if that's all right.

1642
01:21:34,960 --> 01:21:37,240
Speaker 2: I have a son. He lives with me. He finds

1643
01:21:37,280 --> 01:21:38,920
Speaker 2: me in the weekend. We're out of the town. He's

1644
01:21:38,960 --> 01:21:42,080
Speaker 2: in town. He goes, I'm sick. And I said to him,

1645
01:21:42,080 --> 01:21:45,800
Speaker 2: what have you got? He said, don't know. I said,

1646
01:21:45,840 --> 01:21:49,400
Speaker 2: have you tested for COVID? No, all our tests have expired.

1647
01:21:49,439 --> 01:21:51,559
Speaker 2: And I went, oh, bucker, okay, go get some more.

1648
01:21:51,600 --> 01:21:53,559
Speaker 2: They're only three bucks. Now run about. Now, I know

1649
01:21:53,600 --> 01:21:55,639
Speaker 2: what's happening. On the other side of the radio. There'll

1650
01:21:55,680 --> 01:21:57,160
Speaker 2: be a whole lot of people screaming at me and saying,

1651
01:21:57,160 --> 01:21:59,240
Speaker 2: why do you even bother dickens, Why do you even

1652
01:21:59,240 --> 01:22:01,800
Speaker 2: bother he's sick? You know that, what's with the COVID test?

1653
01:22:01,840 --> 01:22:05,599
Speaker 2: And why bother you? Big sheep you? I said, I'll

1654
01:22:05,600 --> 01:22:08,280
Speaker 2: tell you why. When you test with COVID, you know

1655
01:22:08,360 --> 01:22:10,880
Speaker 2: you've got a quite infectious with spiratory sickness. And it's

1656
01:22:10,920 --> 01:22:12,760
Speaker 2: a good idea to keep away from people and not

1657
01:22:12,800 --> 01:22:15,599
Speaker 2: to give it to them, particularly your father for instance,

1658
01:22:15,800 --> 01:22:17,960
Speaker 2: who's doing the drive show this week for Heather and

1659
01:22:18,080 --> 01:22:20,439
Speaker 2: really does not want to get sick. Right, So take

1660
01:22:20,479 --> 01:22:22,439
Speaker 2: your buddy COVID test and find out if you've got it.

1661
01:22:23,320 --> 01:22:25,840
Speaker 2: And then I asked him the question, what filthy bust

1662
01:22:25,840 --> 01:22:28,599
Speaker 2: it gave you the LURGI mate? And he said it's

1663
01:22:28,600 --> 01:22:31,640
Speaker 2: a woman who came to work coughing and spluttering, but

1664
01:22:31,720 --> 01:22:34,280
Speaker 2: happy that it wasn't COVID because she tested and she

1665
01:22:34,360 --> 01:22:36,800
Speaker 2: was negative. And I went, yeah, sure, great, fine, she

1666
01:22:36,880 --> 01:22:39,000
Speaker 2: probably had flu. What a pity. You don't do a

1667
01:22:39,000 --> 01:22:41,160
Speaker 2: flood test. You can't do a flue test. Why can't

1668
01:22:41,160 --> 01:22:43,240
Speaker 2: you do a flue test? Because there's so many strains

1669
01:22:43,240 --> 01:22:44,439
Speaker 2: of it, you can't do a flue test the way

1670
01:22:44,479 --> 01:22:46,880
Speaker 2: you can do a COVID test. Right, But the flu,

1671
01:22:47,240 --> 01:22:50,759
Speaker 2: just like COVID, is a quite infectious with spiratory sickness,

1672
01:22:50,840 --> 01:22:52,760
Speaker 2: and it's a good idea to keep away from people.

1673
01:22:52,800 --> 01:22:55,160
Speaker 2: But this woman didn't and came in coughed and splutt

1674
01:22:55,160 --> 01:22:57,200
Speaker 2: it all over my son, who's now been off work

1675
01:22:57,280 --> 01:23:00,559
Speaker 2: all week. Now. I don't care if it's COVID or

1676
01:23:00,600 --> 01:23:04,840
Speaker 2: the flu or RSV or bronchitis, or or you've swum

1677
01:23:04,880 --> 01:23:10,000
Speaker 2: in the sein. If you're sick, work from home. Try

1678
01:23:10,040 --> 01:23:13,360
Speaker 2: not to splutter on people. Wear a mask if you want.

1679
01:23:14,120 --> 01:23:17,320
Speaker 2: I won't. I won't judge her because that woman's and

1680
01:23:17,360 --> 01:23:19,519
Speaker 2: this is the thing for businesses, and all businesses will

1681
01:23:19,560 --> 01:23:23,240
Speaker 2: know this. That woman's foolishness meant my son has been

1682
01:23:23,320 --> 01:23:26,479
Speaker 2: home feeling terrible, not working for three days. That is

1683
01:23:26,520 --> 01:23:29,400
Speaker 2: not fair on his employer, and that is not fair

1684
01:23:29,840 --> 01:23:33,360
Speaker 2: on or not good for our productivity. And a woman

1685
01:23:33,360 --> 01:23:35,000
Speaker 2: has fallen off her bike in the triath and I

1686
01:23:35,040 --> 01:23:39,040
Speaker 2: told you all that looks oh that looks bad news'

1687
01:23:39,080 --> 01:23:47,760
Speaker 2: sported a few moments signs.

1688
01:23:50,800 --> 01:23:53,599
Speaker 3: If it's to do with money, it matters to you.

1689
01:23:53,800 --> 01:23:58,000
Speaker 1: The Business Hour with Andrew Dickens and my HR, the

1690
01:23:58,200 --> 01:24:00,799
Speaker 1: HR platform for SME talks, it'd.

1691
01:24:00,560 --> 01:24:06,520
Speaker 29: Be you don't let you make this time bound myself.

1692
01:24:06,840 --> 01:24:13,000
Speaker 29: Don't let you email me every week? Care if you

1693
01:24:13,200 --> 01:24:19,160
Speaker 29: can't tell They said.

1694
01:24:18,080 --> 01:24:20,439
Speaker 2: It's Wednesday, the thirty first of July. I metred because

1695
01:24:20,479 --> 01:24:22,200
Speaker 2: this is the Business Hour and hit us back on

1696
01:24:22,320 --> 01:24:26,200
Speaker 2: Mondays she's on leave. I was talking about how we

1697
01:24:26,360 --> 01:24:31,360
Speaker 2: just keep going to work when we're sick. Nice text

1698
01:24:31,360 --> 01:24:33,200
Speaker 2: through saying, Andrew, if you're sick enough to feel that

1699
01:24:33,320 --> 01:24:35,559
Speaker 2: you need to do a COVID test, and obviously you

1700
01:24:35,600 --> 01:24:37,400
Speaker 2: know you are sick enough just to stay home. I

1701
01:24:37,439 --> 01:24:39,920
Speaker 2: totally agree with that, But so many people don't. They

1702
01:24:39,960 --> 01:24:41,880
Speaker 2: need to be told that they're sick, therefore they don't

1703
01:24:41,920 --> 01:24:44,760
Speaker 2: go to work, you know, which is what changed when

1704
01:24:44,840 --> 01:24:46,840
Speaker 2: COVID came along. And we stay getting the COVID tests,

1705
01:24:46,840 --> 01:24:49,479
Speaker 2: and you get the test it's positive, you go, oh damn,

1706
01:24:49,600 --> 01:24:52,800
Speaker 2: that means five days off, which you don't feel. With

1707
01:24:52,840 --> 01:24:56,040
Speaker 2: any other respiratory disease. You get whatever you think is

1708
01:24:56,040 --> 01:24:59,120
Speaker 2: the lurger. You don't quite know if it's it's the

1709
01:24:59,120 --> 01:25:02,439
Speaker 2: flu or the ris or whatever. Any think Oh damn, Oh,

1710
01:25:02,479 --> 01:25:04,240
Speaker 2: I'm pretty sure I can get away with it. And

1711
01:25:04,240 --> 01:25:06,360
Speaker 2: then you go to work, and I just think too

1712
01:25:06,360 --> 01:25:08,160
Speaker 2: many of us go to work too sick, and then

1713
01:25:08,320 --> 01:25:10,120
Speaker 2: there's time of working from home. You should be able

1714
01:25:10,160 --> 01:25:12,280
Speaker 2: to do it. And you would have thought, after all

1715
01:25:12,320 --> 01:25:20,080
Speaker 2: the plagues, the black death, you know, the diphtheria and

1716
01:25:20,160 --> 01:25:23,040
Speaker 2: the cholera and the everything, that we'd have a bit

1717
01:25:23,080 --> 01:25:26,679
Speaker 2: better an idea of how to keep these infectious diseases

1718
01:25:26,720 --> 01:25:28,360
Speaker 2: to ourselves. But we don't because all we want to

1719
01:25:28,360 --> 01:25:31,000
Speaker 2: do is see people and give them a big hug

1720
01:25:31,040 --> 01:25:33,800
Speaker 2: and give them our bugs. Another text says Andrew, if

1721
01:25:33,840 --> 01:25:35,679
Speaker 2: I get the flu, I need a sixty five dollars

1722
01:25:35,720 --> 01:25:38,080
Speaker 2: medical certificate to take more than one day off work.

1723
01:25:38,280 --> 01:25:40,120
Speaker 2: But I can't get the appointment for two weeks, so

1724
01:25:40,240 --> 01:25:42,439
Speaker 2: therefore I take drugs and go to work. Can't just

1725
01:25:42,479 --> 01:25:45,280
Speaker 2: say to you your employer has a false economy there,

1726
01:25:45,280 --> 01:25:46,880
Speaker 2: because if you end out sick and you stay off

1727
01:25:46,880 --> 01:25:52,200
Speaker 2: work for five days, well hello, you know if they

1728
01:25:52,240 --> 01:25:54,639
Speaker 2: all get sick and take off work for five days,

1729
01:25:54,720 --> 01:26:00,160
Speaker 2: well hello, there's your productivity gone. And apparently, to someone

1730
01:26:00,200 --> 01:26:02,680
Speaker 2: who thinks my name is Tim, apparently there is an

1731
01:26:02,720 --> 01:26:06,760
Speaker 2: more than one flu, COVID and RSV test available at Pharmacies.

1732
01:26:07,360 --> 01:26:09,799
Speaker 3: News Talk Zibby back to business.

1733
01:26:11,360 --> 01:26:14,479
Speaker 2: New home consents are at the lowest they've been since

1734
01:26:14,479 --> 01:26:17,439
Speaker 2: twenty nineteen. According to Stat's New Zealand And the year

1735
01:26:17,479 --> 01:26:19,680
Speaker 2: to June, there were thirty three thousand, six hundred and

1736
01:26:19,680 --> 01:26:22,799
Speaker 2: twenty seven new homes consented, and that is down twenty

1737
01:26:22,800 --> 01:26:26,200
Speaker 2: four percent. The number of consents for multi unit homes,

1738
01:26:26,200 --> 01:26:29,920
Speaker 2: particularly apartments and townhouses, down twenty eight percent over the

1739
01:26:29,960 --> 01:26:34,120
Speaker 2: same period. Christ Jewish based management consultant and construction sector

1740
01:26:34,160 --> 01:26:37,479
Speaker 2: advisor Mike Blackburn is on the line and talks to me. Now, Hello, Mike,

1741
01:26:38,520 --> 01:26:41,080
Speaker 2: good Andrew, how are you very good? I am not

1742
01:26:41,160 --> 01:26:44,160
Speaker 2: surprised by this due to the whole supply costs and

1743
01:26:44,240 --> 01:26:47,400
Speaker 2: inflation scenario and what's been happening with constructions. But what

1744
01:26:47,439 --> 01:26:51,240
Speaker 2: are the factors that have meant this drop in consents?

1745
01:26:52,280 --> 01:26:56,120
Speaker 30: Well, look, building consent numbers are down right across New

1746
01:26:56,240 --> 01:27:00,320
Speaker 30: Zealand and have been for probably the last eighteen months

1747
01:27:00,400 --> 01:27:02,960
Speaker 30: or so. Look, probably the most important thing to remember

1748
01:27:03,120 --> 01:27:06,599
Speaker 30: is that twenty twenty one and twenty twenty two were

1749
01:27:06,680 --> 01:27:12,040
Speaker 30: absolutely all time record years for new residential construction in

1750
01:27:12,080 --> 01:27:15,920
Speaker 30: New Zealand, and so even though building consent numbers are down,

1751
01:27:16,560 --> 01:27:20,599
Speaker 30: they have come off extraordinarily highs. So what we're seeing

1752
01:27:22,040 --> 01:27:26,040
Speaker 30: in Auckland, for example, is that building consent numbers a

1753
01:27:26,240 --> 01:27:30,280
Speaker 30: year on year are actually down by forty six percent.

1754
01:27:30,920 --> 01:27:34,679
Speaker 30: In Wellington they're down by thirty eight and in christ

1755
01:27:34,840 --> 01:27:37,679
Speaker 30: Utes they're down by twenty percent. So all the major

1756
01:27:37,720 --> 01:27:40,760
Speaker 30: regions are sort of feeling the same effects.

1757
01:27:41,040 --> 01:27:43,840
Speaker 2: There's a fluctuation, though, there's a waxing and a waning

1758
01:27:43,880 --> 01:27:46,760
Speaker 2: of numbers because it depends on the developers freeing up

1759
01:27:46,760 --> 01:27:49,479
Speaker 2: either greenfields or brownfields and then actually getting the money

1760
01:27:49,479 --> 01:27:49,840
Speaker 2: in place.

1761
01:27:51,080 --> 01:27:51,920
Speaker 3: Look, that's true.

1762
01:27:51,920 --> 01:27:56,320
Speaker 30: You mentioned multi unit developments, and certainly in Auckland and

1763
01:27:56,439 --> 01:28:00,120
Speaker 30: in Canterbury, or certainly in christ Church, multi use that

1764
01:28:00,200 --> 01:28:04,040
Speaker 30: dwellings have been sort of the predominant type of new

1765
01:28:04,720 --> 01:28:10,280
Speaker 30: construction that we've seen, certainly accounting for significantly more than

1766
01:28:10,360 --> 01:28:12,799
Speaker 30: half here in christ Church for the last couple of years,

1767
01:28:12,880 --> 01:28:16,160
Speaker 30: it's been close to seventy percent of all new construction.

1768
01:28:16,320 --> 01:28:20,240
Speaker 30: Now largely that's been driven by the investor market. Obviously,

1769
01:28:20,280 --> 01:28:23,080
Speaker 30: if we go back to when the last government changed

1770
01:28:23,120 --> 01:28:27,799
Speaker 30: the tax aductibility rules, that drove people away from existing dwellings,

1771
01:28:27,840 --> 01:28:32,400
Speaker 30: older dwellings to new construction, and so therefore the price

1772
01:28:32,479 --> 01:28:37,360
Speaker 30: point of multi unit construction saw a significant boom in

1773
01:28:37,400 --> 01:28:41,639
Speaker 30: that As the new tax rules come in, we'll probably

1774
01:28:41,680 --> 01:28:46,840
Speaker 30: see mum and dad investors perhaps move away from these

1775
01:28:47,439 --> 01:28:51,320
Speaker 30: newer units to some older units. Certainly, the cost of

1776
01:28:51,360 --> 01:28:55,320
Speaker 30: construction construction inflation has been very very high over the

1777
01:28:55,360 --> 01:28:58,519
Speaker 30: last couple of years. That seems to have sort of

1778
01:28:58,560 --> 01:29:03,439
Speaker 30: waned a little bit. Most merchants and suppliers that I'm

1779
01:29:03,479 --> 01:29:06,840
Speaker 30: talking to are saying that because the market is down,

1780
01:29:07,920 --> 01:29:11,639
Speaker 30: competitive pricing is very much at play. But again, year

1781
01:29:11,760 --> 01:29:15,559
Speaker 30: on year across all of New Zealand, we've seen the

1782
01:29:15,600 --> 01:29:19,320
Speaker 30: cost of construction of building a new house increased by

1783
01:29:19,320 --> 01:29:20,400
Speaker 30: about nine percent.

1784
01:29:20,920 --> 01:29:23,240
Speaker 2: Absolutely also the cost of actually getting your consents in

1785
01:29:23,240 --> 01:29:25,360
Speaker 2: the first place. Funny enough, I actually bumped into a

1786
01:29:25,439 --> 01:29:28,680
Speaker 2: lawyer today who said, I've just done a consent for

1787
01:29:29,160 --> 01:29:31,160
Speaker 2: a big old department building. And I said, you mean

1788
01:29:31,160 --> 01:29:33,120
Speaker 2: you've done the application for a consent and he said no.

1789
01:29:33,560 --> 01:29:36,200
Speaker 2: Under COVID first Track legislation, I can actually do the

1790
01:29:36,240 --> 01:29:39,519
Speaker 2: whole consent, so we have the ability to get stuff going,

1791
01:29:39,640 --> 01:29:43,360
Speaker 2: but we just need the money in place and the

1792
01:29:43,400 --> 01:29:44,639
Speaker 2: teaper materials in place.

1793
01:29:45,760 --> 01:29:47,040
Speaker 30: Well, look, that was one of the things. And I

1794
01:29:47,080 --> 01:29:49,040
Speaker 30: was looking to what you said right at the start

1795
01:29:49,080 --> 01:29:51,000
Speaker 30: of your show, where were talking about sort of the

1796
01:29:51,040 --> 01:29:56,800
Speaker 30: economy and access to finance and those certainly major influencers

1797
01:29:57,120 --> 01:30:00,559
Speaker 30: on the construction industry as to why we've seen building

1798
01:30:00,600 --> 01:30:05,320
Speaker 30: consent numbers fall away for builders and developers. If I

1799
01:30:05,320 --> 01:30:07,479
Speaker 30: get back to twenty twenty one and twenty twenty two,

1800
01:30:07,640 --> 01:30:12,440
Speaker 30: when our interest rates were low and money was readily available.

1801
01:30:13,320 --> 01:30:17,120
Speaker 30: You know, buying off the plans even before a builder

1802
01:30:17,160 --> 01:30:21,040
Speaker 30: had started any sort of construction was really really commonplace.

1803
01:30:21,080 --> 01:30:27,920
Speaker 30: Today you'd be there's literally no appetite for buying off

1804
01:30:27,960 --> 01:30:31,639
Speaker 30: the plans, and so builders and developers are being forced

1805
01:30:31,680 --> 01:30:35,080
Speaker 30: to fund the development themselves, which is another reason why

1806
01:30:35,120 --> 01:30:37,600
Speaker 30: we've sort of seen a significant drop off in that

1807
01:30:37,720 --> 01:30:38,559
Speaker 30: level of construction.

1808
01:30:39,840 --> 01:30:43,680
Speaker 2: So when will it pick up again? And I know, yeah,

1809
01:30:43,720 --> 01:30:45,559
Speaker 2: I'm asking for your crystal ball, but yeah, give it

1810
01:30:45,600 --> 01:30:46,240
Speaker 2: a question.

1811
01:30:47,080 --> 01:30:50,680
Speaker 30: Well, look, I wrote in my report in May that

1812
01:30:50,800 --> 01:30:55,880
Speaker 30: I was starting to see some light on the horizon. Now,

1813
01:30:56,080 --> 01:31:00,240
Speaker 30: what you've got to remember is that for most construction activity,

1814
01:31:01,000 --> 01:31:05,240
Speaker 30: it generally runs between twelve and eighteen months behind a

1815
01:31:05,400 --> 01:31:09,240
Speaker 30: change in economic activity, and there's.

1816
01:31:09,080 --> 01:31:13,160
Speaker 7: Always that lag. So I deal with a lot.

1817
01:31:13,040 --> 01:31:15,720
Speaker 30: Of land developers, and one of the things that I'm

1818
01:31:15,800 --> 01:31:18,720
Speaker 30: starting to see is a lot more interest in what

1819
01:31:18,960 --> 01:31:21,599
Speaker 30: is likely to happen in the economy, because again, land

1820
01:31:21,640 --> 01:31:26,280
Speaker 30: development takes place again twelve months, two years, three years

1821
01:31:26,320 --> 01:31:29,880
Speaker 30: before any sort of residential activity. So I'm starting to

1822
01:31:29,880 --> 01:31:34,400
Speaker 30: see an increase in an interest in development activity in

1823
01:31:34,439 --> 01:31:38,679
Speaker 30: that market. Already, I believe that the building consent numbers

1824
01:31:38,720 --> 01:31:42,320
Speaker 30: will remain flat through till at least the end of

1825
01:31:42,360 --> 01:31:46,360
Speaker 30: the year. But of course the smart developers are starting

1826
01:31:46,400 --> 01:31:49,840
Speaker 30: to anticipate what that change in the market is likely

1827
01:31:49,920 --> 01:31:52,040
Speaker 30: to be and will be starting to gear up their

1828
01:31:52,040 --> 01:31:52,840
Speaker 30: activity now.

1829
01:31:53,080 --> 01:31:55,320
Speaker 2: Any turn in the economy, any drop in the interest rates,

1830
01:31:55,320 --> 01:31:58,840
Speaker 2: combined with the high immigration, will actually go force people

1831
01:31:58,880 --> 01:32:00,920
Speaker 2: to go, Ye, there's different the market there that wants

1832
01:32:00,960 --> 01:32:03,200
Speaker 2: a house and where we go. That's what I'm hoping, Mike.

1833
01:32:04,920 --> 01:32:07,439
Speaker 30: Look that, Look that's absolutely true. And you mentioned immigration.

1834
01:32:07,560 --> 01:32:10,519
Speaker 30: So if you look at the latest immigration over the

1835
01:32:10,600 --> 01:32:13,439
Speaker 30: last twelve to eighteen months, we've had an influx of

1836
01:32:13,479 --> 01:32:15,759
Speaker 30: people of summer in the vicinity of a one hundred

1837
01:32:15,800 --> 01:32:19,280
Speaker 30: and forty thousand people. Now they're not they're here for

1838
01:32:19,800 --> 01:32:23,400
Speaker 30: medium to long term, so they're not staying in motels

1839
01:32:23,439 --> 01:32:27,280
Speaker 30: and Airbnb, and they will all need rental accommodation or

1840
01:32:27,320 --> 01:32:31,880
Speaker 30: ownership accommodation. So that's the equivalent of another forty five

1841
01:32:32,080 --> 01:32:36,320
Speaker 30: thousand houses that we need over and above business as usual.

1842
01:32:36,360 --> 01:32:39,080
Speaker 30: So the next couple of years I see as very

1843
01:32:39,160 --> 01:32:42,479
Speaker 30: very positive for residential construction right across New Zealand.

1844
01:32:42,840 --> 01:32:45,080
Speaker 2: Loving that, Loving that, Mike, Thank you so much. Mike,

1845
01:32:45,120 --> 01:32:49,080
Speaker 2: Beckburn Crass It's based management consultant and construction sector advisor.

1846
01:32:49,280 --> 01:32:53,000
Speaker 2: I did a very positive positive editoril earlier today about

1847
01:32:53,000 --> 01:32:55,519
Speaker 2: the economy and I had some people get nice. It's

1848
01:32:55,600 --> 01:32:58,519
Speaker 2: nice to hear positive thoughts. And we're not at the bottom.

1849
01:32:59,160 --> 01:33:02,200
Speaker 2: The bottom is miles away. Certainly not at the top either,

1850
01:33:02,280 --> 01:33:05,160
Speaker 2: but we're turning. Get your mojo back to New Zealand.

1851
01:33:06,920 --> 01:33:09,280
Speaker 3: Crunching the numbers and getting the results.

1852
01:33:09,520 --> 01:33:13,559
Speaker 1: It's Andrew Dickins with the Business Hour thanks to my HR,

1853
01:33:13,880 --> 01:33:17,439
Speaker 1: the HR platform for sm on us talk sib okay.

1854
01:33:17,439 --> 01:33:20,280
Speaker 2: It's twelve to seven and were welcome from the UK.

1855
01:33:20,400 --> 01:33:25,160
Speaker 2: Kevin Gray, Hello, Gevin, Oh, I thought you were on

1856
01:33:25,200 --> 01:33:30,480
Speaker 2: a different line. Hello Gevin either Andrew all right? Southport?

1857
01:33:30,720 --> 01:33:34,800
Speaker 2: Of course the three kids now that were knife to death.

1858
01:33:35,160 --> 01:33:38,160
Speaker 2: We get thirty nine police officers injured after unrest broke

1859
01:33:38,200 --> 01:33:39,759
Speaker 2: out at a vigil. Now what's that about?

1860
01:33:40,479 --> 01:33:43,120
Speaker 31: Yeah, what extraordinary scene. So that there had been a

1861
01:33:43,280 --> 01:33:47,840
Speaker 31: peaceful vigil in Southport, Northwest England to commemorate those who

1862
01:33:47,920 --> 01:33:50,439
Speaker 31: were the three who were killed, plus those who were

1863
01:33:50,479 --> 01:33:54,799
Speaker 31: injured and remain critical in the hospital following the stabbing attack,

1864
01:33:55,760 --> 01:33:58,960
Speaker 31: and then later in the evening just a short distance away.

1865
01:33:59,520 --> 01:34:03,200
Speaker 31: Some extra violence broke out in Southport and what has happened,

1866
01:34:03,240 --> 01:34:07,280
Speaker 31: Andrew sadly is police have been unable to give much

1867
01:34:07,280 --> 01:34:10,439
Speaker 31: in the way of details of the main suspect. We

1868
01:34:10,479 --> 01:34:13,240
Speaker 31: believe him to be a seventeen year old. We believe

1869
01:34:13,280 --> 01:34:15,680
Speaker 31: his parents to be Rwandan and he was born in

1870
01:34:15,720 --> 01:34:19,040
Speaker 31: the UK, lived in Cardiff, then moved to Southport. But

1871
01:34:19,720 --> 01:34:23,040
Speaker 31: it was rumored on social media and such like that

1872
01:34:23,479 --> 01:34:26,720
Speaker 31: he was an illegal migrant had come over in a

1873
01:34:26,760 --> 01:34:30,960
Speaker 31: small boat. Q of course, anger from the right and

1874
01:34:31,160 --> 01:34:34,760
Speaker 31: indeed action from the far right, it is believed who

1875
01:34:35,200 --> 01:34:39,160
Speaker 31: started to gather around the local mosque in Southport, throwing

1876
01:34:39,240 --> 01:34:42,400
Speaker 31: bricks at the mosque, setting far to cars and wheeleybins,

1877
01:34:42,960 --> 01:34:46,480
Speaker 31: causing damage to a local convenience store. The police attended,

1878
01:34:46,880 --> 01:34:49,720
Speaker 31: they were pelted with missiles, some quite big bricks and

1879
01:34:49,760 --> 01:34:54,160
Speaker 31: missiles generally bottles too, and thirty nine have been injured.

1880
01:34:54,200 --> 01:34:57,920
Speaker 31: Twenty seven police officers taken the hospital. Twelve were treated

1881
01:34:57,960 --> 01:35:01,360
Speaker 31: and discharged at the scene, and police have put in

1882
01:35:01,400 --> 01:35:04,759
Speaker 31: a what's called a sixty order, a Section sixty order

1883
01:35:05,360 --> 01:35:08,240
Speaker 31: basically giving them the right to disperse anyone there. But

1884
01:35:08,320 --> 01:35:12,120
Speaker 31: I'm afraid. Tensions remain very high, with the vast vast

1885
01:35:12,160 --> 01:35:15,680
Speaker 31: majority of the town in mourning supporting one another, and

1886
01:35:15,720 --> 01:35:18,320
Speaker 31: a small group believed not actually to come from the

1887
01:35:18,360 --> 01:35:20,960
Speaker 31: town who have moved in believed to be from the

1888
01:35:20,960 --> 01:35:25,240
Speaker 31: far right, and supporters of what's called the English defensely

1889
01:35:26,200 --> 01:35:29,680
Speaker 31: chanting British till I die sort of thing. You get

1890
01:35:29,720 --> 01:35:32,519
Speaker 31: the picture, and I'm afraid some pretty awful scenes there.

1891
01:35:32,439 --> 01:35:36,599
Speaker 2: Classic classic social media misinformation. But here's the thing we saw.

1892
01:35:36,640 --> 01:35:39,120
Speaker 2: I saw these rumors on social media from the moment

1893
01:35:39,240 --> 01:35:42,080
Speaker 2: of the stebbing. From the moment of the incident, people

1894
01:35:42,080 --> 01:35:45,880
Speaker 2: were making speculations about this kid and where they come from, etc.

1895
01:35:46,560 --> 01:35:49,479
Speaker 2: And the longer that the police took to name and

1896
01:35:50,320 --> 01:35:56,120
Speaker 2: to identify who the perpetrator was, the more this sort

1897
01:35:56,120 --> 01:35:59,720
Speaker 2: of grew and mushroom within the minds of the deluded.

1898
01:36:00,080 --> 01:36:03,400
Speaker 2: And has he been criticism of the police for keeping

1899
01:36:03,479 --> 01:36:05,519
Speaker 2: mum on it for just too long and letting the

1900
01:36:05,560 --> 01:36:08,040
Speaker 2: speculation brew until people became murderous.

1901
01:36:08,720 --> 01:36:10,840
Speaker 31: No, I mean it was fairly early on it was

1902
01:36:10,880 --> 01:36:13,639
Speaker 31: said this is not being treated as a terrorist incident.

1903
01:36:14,720 --> 01:36:17,080
Speaker 31: And then it came out, of course that the suspect

1904
01:36:17,200 --> 01:36:19,400
Speaker 31: is from Rwanda. But police were quick to say he

1905
01:36:19,520 --> 01:36:23,920
Speaker 31: was born in this country. You know, so I've been

1906
01:36:23,920 --> 01:36:25,519
Speaker 31: in the court between a rock and a hard place,

1907
01:36:25,520 --> 01:36:28,200
Speaker 31: because legally, of course in this country, until you're in

1908
01:36:28,200 --> 01:36:31,160
Speaker 31: that court for the first time and you're charged, then

1909
01:36:31,200 --> 01:36:34,000
Speaker 31: you are, you know, have the right to that anonymity.

1910
01:36:34,040 --> 01:36:36,920
Speaker 2: Oh, it's a tragedy for everybody. Apparently. The dead, the

1911
01:36:36,960 --> 01:36:40,360
Speaker 2: appearance dead was a Christian, hardworking father, stay at home mother.

1912
01:36:40,600 --> 01:36:43,120
Speaker 2: They were very, very normal. The kid was quite reclusive

1913
01:36:43,400 --> 01:36:46,200
Speaker 2: and the boy was born in Cardiff and they've been

1914
01:36:46,200 --> 01:36:48,800
Speaker 2: here since two thousand and six. All right, we have

1915
01:36:48,800 --> 01:36:51,679
Speaker 2: a separate incident in the southeast of England. Six people

1916
01:36:51,720 --> 01:36:53,120
Speaker 2: are risted ina. Now what's happened there?

1917
01:36:54,040 --> 01:36:56,519
Speaker 31: Yeah, I mean quite extraordinary on the same night. I

1918
01:36:56,600 --> 01:36:58,920
Speaker 31: dare say part of the extreme heat that we've been

1919
01:36:58,960 --> 01:37:02,439
Speaker 31: having with temperatures for up and over thirty celsius might

1920
01:37:02,479 --> 01:37:06,080
Speaker 31: have got people slightly agitated. But again really this was

1921
01:37:06,160 --> 01:37:09,000
Speaker 31: quite a nasty disorder in South End on Sea, which

1922
01:37:09,080 --> 01:37:12,479
Speaker 31: is down to the southeast of England. Police putting another

1923
01:37:12,560 --> 01:37:16,640
Speaker 31: dispersal order there. There were problems at the city's seafront.

1924
01:37:17,240 --> 01:37:19,120
Speaker 31: South End on Sea, of course, right by the sea

1925
01:37:19,200 --> 01:37:22,760
Speaker 31: down in the Essex area and also on the high

1926
01:37:22,840 --> 01:37:27,759
Speaker 31: street appeals for calm. Now, nobody quite short what kicked

1927
01:37:27,760 --> 01:37:30,640
Speaker 31: all this off, and actually that's part of an investigation,

1928
01:37:30,960 --> 01:37:33,519
Speaker 31: but it thought lots of people came into the area

1929
01:37:33,560 --> 01:37:35,760
Speaker 31: on the UK's hottest are of the year to get

1930
01:37:35,760 --> 01:37:38,760
Speaker 31: by the beach and perhaps that's where they when the

1931
01:37:38,800 --> 01:37:42,400
Speaker 31: pictures I've seen certainly suggest some sort of gang problems

1932
01:37:42,479 --> 01:37:45,960
Speaker 31: with it. Members of the public dispersed by about eleven

1933
01:37:46,040 --> 01:37:50,160
Speaker 31: thirty at night, with the order disorder having begun some

1934
01:37:50,320 --> 01:37:53,679
Speaker 31: four and a half hours earlier. Lots of young people

1935
01:37:53,680 --> 01:37:56,400
Speaker 31: involved in this, so you know, one does begin to

1936
01:37:56,439 --> 01:37:58,840
Speaker 31: wonder if that was gang related, but either way, some

1937
01:37:58,960 --> 01:38:01,200
Speaker 31: very unpleasant scenes for local residents who are used to

1938
01:38:01,240 --> 01:38:02,200
Speaker 31: a much quieter town.

1939
01:38:02,320 --> 01:38:04,320
Speaker 2: We only have a minute theret but we actually had

1940
01:38:04,320 --> 01:38:08,000
Speaker 2: a Selik committee about television and now State TV today

1941
01:38:08,439 --> 01:38:10,680
Speaker 2: and the State TV came out and seid basically the

1942
01:38:10,760 --> 01:38:14,120
Speaker 2: days of teristal TV on your Telly are numbered. And

1943
01:38:14,160 --> 01:38:17,840
Speaker 2: you've got some statistics tell of the UK about viewership

1944
01:38:17,960 --> 01:38:20,000
Speaker 2: with the youngsters, which is quite worrying for.

1945
01:38:19,920 --> 01:38:23,759
Speaker 31: Television, indeed very worrying. So we're looking at a sixteen

1946
01:38:23,800 --> 01:38:26,360
Speaker 31: to twenty four year olds, the so called Generation's Z

1947
01:38:27,040 --> 01:38:29,479
Speaker 31: less than half of them in the UK and now

1948
01:38:29,520 --> 01:38:34,440
Speaker 31: watching traditional TV. That's live programming but also catch up programming.

1949
01:38:34,680 --> 01:38:37,799
Speaker 31: On a television set of home. Just forty eight percent

1950
01:38:37,920 --> 01:38:40,280
Speaker 31: tuned in on an average of last week compared with

1951
01:38:40,479 --> 01:38:44,240
Speaker 31: seventy six percent five years earlier. They're only watching an

1952
01:38:44,240 --> 01:38:47,759
Speaker 31: average of thirty three minutes a day. That's down sixteen percent.

1953
01:38:47,840 --> 01:38:50,000
Speaker 31: That's not good for TV traditional.

1954
01:38:50,479 --> 01:38:52,160
Speaker 2: Kevin Gray from the UK, I thank you for your

1955
01:38:52,160 --> 01:38:53,760
Speaker 2: time at A sixty seven. It's news talks.

1956
01:38:53,760 --> 01:38:58,280
Speaker 1: It'll be whether it's micro microbe or just playing economics.

1957
01:38:58,320 --> 01:39:00,080
Speaker 3: It's all on the Business Hour.

1958
01:39:00,080 --> 01:39:03,320
Speaker 1: With Heather Duple, Cy Ellen and my HR, the HR

1959
01:39:03,439 --> 01:39:05,240
Speaker 1: platform for sm used talk.

1960
01:39:05,160 --> 01:39:07,800
Speaker 2: Zippy and said I'm done, I'm out of here. Of

1961
01:39:07,840 --> 01:39:10,920
Speaker 2: my thanks to Andy Duff for being the executive producer today.

1962
01:39:10,920 --> 01:39:15,759
Speaker 2: Also Kinzie and Ants Melicach Anthony mid Such is playing.

1963
01:39:15,560 --> 01:39:18,479
Speaker 32: Some music Landslide by Fleetwood Mac to play us out tonight.

1964
01:39:18,640 --> 01:39:20,760
Speaker 32: Fleetwood Mac is putting out a new album, Andrew, I

1965
01:39:20,760 --> 01:39:23,479
Speaker 32: don't get too excited. It is a live album from

1966
01:39:23,520 --> 01:39:26,000
Speaker 32: their eight nineteen eighty two mirage tour.

1967
01:39:26,360 --> 01:39:27,000
Speaker 2: Cour So Yeah.

1968
01:39:27,000 --> 01:39:27,519
Speaker 20: They put the.

1969
01:39:27,479 --> 01:39:29,559
Speaker 32: Album came out in nineteen eighty two they did took

1970
01:39:29,600 --> 01:39:32,479
Speaker 32: it on tour. So the album, the selling point is

1971
01:39:32,479 --> 01:39:35,920
Speaker 32: that there's going to be six unreleased tracks on it. Well,

1972
01:39:36,080 --> 01:39:39,240
Speaker 32: they're not unreleased tracks, they're unreleased performances of six of

1973
01:39:39,280 --> 01:39:41,040
Speaker 32: the songs from that nineteen eighty two tour. But you

1974
01:39:41,360 --> 01:39:44,360
Speaker 32: something you've heard before. This is one of the songs Landslide.

1975
01:39:44,400 --> 01:39:46,599
Speaker 32: This will be, there'll be a new version.

1976
01:39:46,360 --> 01:39:49,000
Speaker 2: Of It's Beautiful as a steviy X classic. And of

1977
01:39:49,000 --> 01:39:50,800
Speaker 2: course there will be no more footwooll Mac. They've said

1978
01:39:50,840 --> 01:39:53,599
Speaker 2: it because Christy McVeigh is gone. That's a nice choice.

1979
01:39:53,600 --> 01:39:55,760
Speaker 2: It's love You a song, turned it up, Bye bye, everybody.

1980
01:39:55,439 --> 01:40:02,400
Speaker 28: You love, legend in snow double tea well last load.

1981
01:40:03,640 --> 01:40:06,479
Speaker 8: Down and if you.

1982
01:40:06,680 --> 01:40:11,880
Speaker 3: See my Fletcher snow Coverty.

1983
01:40:14,000 --> 01:40:15,880
Speaker 6: Well lads lad.

1984
01:40:15,960 --> 01:40:19,160
Speaker 3: Bring down, oh.

1985
01:40:20,600 --> 01:40:23,599
Speaker 28: Lest lad, Bring in Dawn.

1986
01:40:27,280 --> 01:40:30,400
Speaker 1: For more from Hither Duplessy Allen Drive, listen live to

1987
01:40:30,520 --> 01:40:33,559
Speaker 1: news Talks it'd be from four pm weekdays, or follow

1988
01:40:33,600 --> 01:40:35,320
Speaker 1: the podcast on iHeartRadio.