1 00:00:01,200 --> 00:00:05,320 Speaker 1: The issues, the interviews and the inside. Ryan Bridge, on 2 00:00:05,440 --> 00:00:08,559 Speaker 1: an earlier issue with one roof love where you Live, 3 00:00:09,039 --> 00:00:10,120 Speaker 1: News Talk said. 4 00:00:10,200 --> 00:00:12,280 Speaker 2: Good morning, just gone six, half to five. Great to 5 00:00:12,280 --> 00:00:14,800 Speaker 2: have your company. We'll look at this COVID inquiry before 6 00:00:14,840 --> 00:00:18,040 Speaker 2: six o'clock. Mitch mccannon's stateside for us, why we need 7 00:00:18,120 --> 00:00:21,040 Speaker 2: cheaper beer? The Aussies are doing it, so why shouldn't we? 8 00:00:21,120 --> 00:00:23,240 Speaker 2: And how long are you holding on to your house? 9 00:00:25,120 --> 00:00:27,560 Speaker 2: The agenda is that the top of February, one of 10 00:00:27,600 --> 00:00:31,120 Speaker 2: Canada's deadliest mass shootings. They reckon a disaster over there. 11 00:00:31,440 --> 00:00:33,280 Speaker 1: This is the kind of thing that feels like it 12 00:00:33,360 --> 00:00:36,520 Speaker 1: happens in other places an close to home. 13 00:00:36,680 --> 00:00:38,360 Speaker 2: Some of the deaths happened at a school, some of 14 00:00:38,360 --> 00:00:41,879 Speaker 2: them happened at a house. They're not entirely sure or 15 00:00:41,920 --> 00:00:44,080 Speaker 2: convinced that they are actually connected. 16 00:00:44,159 --> 00:00:46,960 Speaker 3: Well, we have two scenes. We have the school and 17 00:00:47,000 --> 00:00:50,040 Speaker 3: then we have found two other persons deceased at our 18 00:00:50,080 --> 00:00:53,800 Speaker 3: residence and tumbler Ridge that we're trying to determine the 19 00:00:53,880 --> 00:00:57,160 Speaker 3: connection to this event. We believe they're connected, but we're 20 00:00:57,160 --> 00:00:58,960 Speaker 3: not in a position to provide. 21 00:00:58,520 --> 00:01:02,040 Speaker 2: That open The yew is thet we've been following. Nancy Guthrie, 22 00:01:02,640 --> 00:01:06,360 Speaker 2: poor woman eighty four years old. The newsreader's mum kidnapped 23 00:01:06,360 --> 00:01:08,240 Speaker 2: in the middle of the night, so they rased the guy. 24 00:01:08,280 --> 00:01:11,839 Speaker 2: They released the guy, so still no answers and still 25 00:01:11,840 --> 00:01:15,679 Speaker 2: looking at that creepy surveillance image of presumably another guy 26 00:01:15,760 --> 00:01:16,760 Speaker 2: to the one they rested. 27 00:01:17,000 --> 00:01:21,040 Speaker 4: Well, it is a potential breakthrough for investigators in this case. 28 00:01:21,120 --> 00:01:24,920 Speaker 4: Pictures have been released by the FBI and they show 29 00:01:25,319 --> 00:01:28,800 Speaker 4: an maass an armed individual. This is the FBI's statement. 30 00:01:29,120 --> 00:01:33,880 Speaker 4: Who appears to have been tampering with the doorbell camera in. 31 00:01:33,920 --> 00:01:35,680 Speaker 2: A master Isn't he how to identify? 32 00:01:35,800 --> 00:01:35,959 Speaker 5: Right? 33 00:01:36,040 --> 00:01:39,160 Speaker 2: Finally, Nityahu Trump meeting today on Iran in Washington. 34 00:01:39,160 --> 00:01:42,440 Speaker 6: I think that he would pressure the president, who has 35 00:01:42,480 --> 00:01:48,560 Speaker 6: some isolationist tendencies, to go with maximalist demands and basically 36 00:01:48,840 --> 00:01:51,720 Speaker 6: force Iranians to give up on the missile program, which 37 00:01:51,880 --> 00:01:54,920 Speaker 6: is quite a threat to the Israelis. 38 00:01:55,760 --> 00:01:59,080 Speaker 1: Views and views you trust. To start your day, It's 39 00:01:59,160 --> 00:02:03,040 Speaker 1: earlier this ship with Bryan Bridge and one Roofe Love 40 00:02:03,080 --> 00:02:04,920 Speaker 1: where you Live news talks had been. 41 00:02:05,400 --> 00:02:07,760 Speaker 2: Nine two is the number to text a Thursday, the 42 00:02:07,800 --> 00:02:10,360 Speaker 2: twelfth of February. Great to have your company and the 43 00:02:10,400 --> 00:02:12,160 Speaker 2: story of the day. The one to watch that I 44 00:02:12,280 --> 00:02:14,919 Speaker 2: reckon is Wellington and the pipes. I know, I got 45 00:02:14,960 --> 00:02:16,679 Speaker 2: boring for a while and it'd say, yeah, okay, we 46 00:02:16,760 --> 00:02:19,120 Speaker 2: get it, the pipes are broken. But it's going to 47 00:02:19,160 --> 00:02:22,080 Speaker 2: get juicy again now because there's this blog post that's 48 00:02:22,120 --> 00:02:24,760 Speaker 2: came out a couple of days ago and now there's 49 00:02:24,800 --> 00:02:28,240 Speaker 2: stories coming out about it. It's it's a council meeting 50 00:02:28,440 --> 00:02:31,000 Speaker 2: from a couple of years back, twenty twenty one, a 51 00:02:31,080 --> 00:02:36,840 Speaker 2: long term plan decision meeting at Wellington City Council starring 52 00:02:37,040 --> 00:02:40,080 Speaker 2: none other than Tamotha Paul. Now Tamatha Paul is now 53 00:02:40,080 --> 00:02:42,280 Speaker 2: a Green Empeace. She used to be on the council 54 00:02:42,320 --> 00:02:46,160 Speaker 2: in Wellington and at this meeting they pushed through and 55 00:02:46,240 --> 00:02:49,320 Speaker 2: it's i'll tell you why this is interesting or significant 56 00:02:49,360 --> 00:02:52,880 Speaker 2: in a second. But they had a plan to fund 57 00:02:52,919 --> 00:02:55,080 Speaker 2: a bunch of money for some cycle ways. You know 58 00:02:55,160 --> 00:02:57,680 Speaker 2: they love a bike, the Greens. It was a one 59 00:02:57,800 --> 00:03:00,200 Speaker 2: hundred and twenty one million bucks or something. Anyway, she 60 00:03:00,280 --> 00:03:02,639 Speaker 2: puts forward this motion says no, no, no, let's double it. 61 00:03:02,720 --> 00:03:05,800 Speaker 2: Let's go for two hundred and twenty six million dollars, 62 00:03:05,840 --> 00:03:07,440 Speaker 2: and the troops were rallied. 63 00:03:07,680 --> 00:03:09,600 Speaker 7: What I will say is that this is a decade 64 00:03:09,600 --> 00:03:13,080 Speaker 7: of investment and this is the key thing that we 65 00:03:13,120 --> 00:03:15,839 Speaker 7: will do in the next ten years to do the 66 00:03:15,840 --> 00:03:18,440 Speaker 7: most that we can to reduce our climate emissions. It 67 00:03:18,480 --> 00:03:20,040 Speaker 7: will not be easy. We will need to take out 68 00:03:20,080 --> 00:03:23,239 Speaker 7: hundreds of car parks. But I stood for council to 69 00:03:23,240 --> 00:03:24,920 Speaker 7: make transformational bold change. 70 00:03:25,280 --> 00:03:29,280 Speaker 2: Right, transformational bold change. Did that include stuffing the pipes? 71 00:03:29,880 --> 00:03:31,840 Speaker 2: Because this is the other thing now that's been written 72 00:03:31,840 --> 00:03:35,840 Speaker 2: people saying, well, actually, what they also did was cut 73 00:03:36,080 --> 00:03:38,840 Speaker 2: or go for a reduced amount of funding on the pipes, 74 00:03:39,000 --> 00:03:42,320 Speaker 2: on the wastewater renewals. There was an option to fund 75 00:03:42,400 --> 00:03:45,360 Speaker 2: more and they voted against it. Now since then, it's 76 00:03:45,360 --> 00:03:49,040 Speaker 2: all getting very cloak and dagger. Since then, apparently there's 77 00:03:49,080 --> 00:03:52,800 Speaker 2: been a private little meeting between Andrew Little, who's told 78 00:03:52,840 --> 00:03:55,520 Speaker 2: in one of his counselors shut up in the media 79 00:03:55,720 --> 00:03:59,880 Speaker 2: about this because you're not getting things right. You've also 80 00:04:00,120 --> 00:04:03,720 Speaker 2: at the same time Tamitha Paul herself coming out and saying, 81 00:04:04,520 --> 00:04:08,840 Speaker 2: you guys are financially illiterate, because that's not how counsel works. 82 00:04:09,360 --> 00:04:12,720 Speaker 2: They're saying. She's come out and said, with you could 83 00:04:12,920 --> 00:04:15,480 Speaker 2: make the same argument about funding we did for the 84 00:04:15,520 --> 00:04:19,240 Speaker 2: library for example, or same argument about funding we did 85 00:04:19,240 --> 00:04:23,000 Speaker 2: for housing for example, or same argument about funding we 86 00:04:23,080 --> 00:04:26,839 Speaker 2: did for public transport for example. Well I'm sorry, but 87 00:04:26,960 --> 00:04:30,960 Speaker 2: the difference here is you don't need cycle ways, do you? 88 00:04:31,480 --> 00:04:36,160 Speaker 2: Is that core council business? And she didn't deny the 89 00:04:36,200 --> 00:04:39,800 Speaker 2: thrust of the claim, did she in her response. So 90 00:04:40,000 --> 00:04:43,240 Speaker 2: that's one to watch this morning for endlessly fascinating. As 91 00:04:43,480 --> 00:04:45,760 Speaker 2: you eat your breakfast and what you eat for breakfast 92 00:04:46,040 --> 00:04:50,040 Speaker 2: literally ends up in the waves. At Lyle Bay five 93 00:04:50,040 --> 00:04:52,240 Speaker 2: to eleven News Talk CB, we'll talk about your house 94 00:04:52,279 --> 00:04:54,800 Speaker 2: prices and how long that means you hold on to them. 95 00:04:54,839 --> 00:04:59,479 Speaker 1: Next, the News you Need this morning and the in 96 00:04:59,640 --> 00:05:03,960 Speaker 1: depth analysis early edition with Ryan Bridge and one Roote 97 00:05:04,200 --> 00:05:05,880 Speaker 1: Love where you Live News Talks. 98 00:05:05,880 --> 00:05:08,200 Speaker 2: That'd been all great news. Thirteen after five on the 99 00:05:08,200 --> 00:05:11,239 Speaker 2: ocr front this morning. This time it's from Westpac. Yesterday 100 00:05:11,279 --> 00:05:13,960 Speaker 2: I told you that they were the economists were predicting it. 101 00:05:14,080 --> 00:05:15,760 Speaker 2: B and Z was saying, Oh, we think they'll go 102 00:05:15,880 --> 00:05:19,080 Speaker 2: up in September. The rates will start going up again 103 00:05:19,120 --> 00:05:20,880 Speaker 2: because we've got a meeting next week where they're going 104 00:05:20,880 --> 00:05:23,840 Speaker 2: to hold But what happens after that's the more interesting part. 105 00:05:23,880 --> 00:05:26,480 Speaker 2: And what they say about what's going to happen after 106 00:05:26,520 --> 00:05:29,320 Speaker 2: that is the really interesting part. And if they say nothing, 107 00:05:29,960 --> 00:05:33,200 Speaker 2: does that also speak volumes? You're really reading the tea 108 00:05:33,240 --> 00:05:33,640 Speaker 2: leaves here. 109 00:05:33,839 --> 00:05:34,159 Speaker 5: Anyway. 110 00:05:34,200 --> 00:05:36,120 Speaker 2: Westpac has been doing a bit of that. The economist 111 00:05:36,160 --> 00:05:39,960 Speaker 2: there reckon we will have six hikes to the OCR 112 00:05:40,200 --> 00:05:43,680 Speaker 2: during next year because we've got excess capacity in the economy. 113 00:05:43,720 --> 00:05:45,560 Speaker 2: It's going to be swallowed up more quickly than they 114 00:05:45,560 --> 00:05:48,320 Speaker 2: had expected. So they reckon that the Reserve Bank's going 115 00:05:48,320 --> 00:05:50,440 Speaker 2: to have to step in six times next year. By 116 00:05:50,480 --> 00:05:53,240 Speaker 2: the end of next year, the OCR. I remember, it's 117 00:05:53,240 --> 00:05:56,159 Speaker 2: two point twenty five percent right now. The OCR, they reckon, 118 00:05:56,320 --> 00:06:00,080 Speaker 2: will hit four percent. Ryan Bridge fourteen after five, I 119 00:06:00,080 --> 00:06:02,840 Speaker 2: have homeowners holding on to their properties for the longest 120 00:06:02,880 --> 00:06:05,880 Speaker 2: period on record. Properties resold for a gain had been 121 00:06:05,880 --> 00:06:08,800 Speaker 2: held on to for a median of ten point one years, 122 00:06:09,920 --> 00:06:12,760 Speaker 2: while those resold at a loss had been owned for 123 00:06:12,880 --> 00:06:16,800 Speaker 2: just under four years. Calvin Davidson, Catality, chief Property economists 124 00:06:16,800 --> 00:06:19,800 Speaker 2: with us this morning. Hey Calvin, good morning, So how 125 00:06:19,839 --> 00:06:22,000 Speaker 2: does that compare? 126 00:06:22,320 --> 00:06:24,720 Speaker 8: Well, Yeah, it's the highest I've got on records, So 127 00:06:25,000 --> 00:06:28,400 Speaker 8: I think just consistent with the pretty flat housing market. 128 00:06:28,400 --> 00:06:30,600 Speaker 8: If people are looking to get some kind of game. 129 00:06:30,680 --> 00:06:32,400 Speaker 8: I guess they've just got to hang on for longer 130 00:06:32,440 --> 00:06:36,200 Speaker 8: than in the past. And it really is quite a 131 00:06:36,200 --> 00:06:40,560 Speaker 8: stark trend. And I think the contrast there between the 132 00:06:40,560 --> 00:06:43,719 Speaker 8: whole periods for gains and the whole period for losses 133 00:06:43,800 --> 00:06:46,600 Speaker 8: is a really interesting thing, because if you hang on 134 00:06:46,640 --> 00:06:49,000 Speaker 8: to ten years, for seeing twenty years, very likely you're 135 00:06:49,000 --> 00:06:51,240 Speaker 8: make a profit. But of course if you've only held 136 00:06:51,240 --> 00:06:54,320 Speaker 8: on three or four years and face gained circumstances or 137 00:06:54,360 --> 00:06:57,039 Speaker 8: something like that, much higher chance of making it loss, 138 00:06:57,040 --> 00:06:59,400 Speaker 8: particularly in this current market over the last three or 139 00:06:59,400 --> 00:07:02,240 Speaker 8: four years, with values are still down. So quite a 140 00:07:02,240 --> 00:07:05,160 Speaker 8: stark difference there between whole periods for losses and games. 141 00:07:05,279 --> 00:07:07,520 Speaker 2: Basically, if you don't have to well you don't want 142 00:07:07,560 --> 00:07:10,120 Speaker 2: to have to sell, do you. And maybe were people 143 00:07:10,200 --> 00:07:14,800 Speaker 2: are staying together in relationships, they otherwise wouldn't just just 144 00:07:14,800 --> 00:07:16,800 Speaker 2: to hold on to their properties and keep their values. 145 00:07:17,640 --> 00:07:20,360 Speaker 8: Well possibly, yeah, well our data doesn't tell us about 146 00:07:20,400 --> 00:07:24,440 Speaker 8: our relational issues, but yeah, we can certainly see that 147 00:07:24,480 --> 00:07:28,160 Speaker 8: difference there between between whole periods. And I mean, in 148 00:07:28,240 --> 00:07:30,760 Speaker 8: any market, there's always a greater chance of making a 149 00:07:30,800 --> 00:07:33,360 Speaker 8: loss if if your whole period's pretty short you probably 150 00:07:33,400 --> 00:07:35,440 Speaker 8: didn't intend to hold for a short period of time, 151 00:07:35,480 --> 00:07:39,280 Speaker 8: but things change. But it's just emphasized in this current 152 00:07:39,320 --> 00:07:41,920 Speaker 8: market because the house prices are still down eight aener 153 00:07:41,960 --> 00:07:44,440 Speaker 8: cent in the peak, So that last three or four 154 00:07:44,480 --> 00:07:47,440 Speaker 8: years has been really tough time to hold for a 155 00:07:47,480 --> 00:07:48,080 Speaker 8: short period. 156 00:07:48,400 --> 00:07:51,760 Speaker 2: Is that an understandable but ultimately dumb psychological move that 157 00:07:51,800 --> 00:07:54,520 Speaker 2: we do that, because then we when we sell, presumably 158 00:07:54,560 --> 00:07:56,720 Speaker 2: we're selling into a higher market and buying more for 159 00:07:56,760 --> 00:07:57,240 Speaker 2: the next one. 160 00:07:57,280 --> 00:08:00,840 Speaker 8: Anyway, you know, there is always that old shay of 161 00:08:01,240 --> 00:08:03,160 Speaker 8: doesn't really matter if you buy and sell in the 162 00:08:03,160 --> 00:08:06,920 Speaker 8: same market, but it doesn't necessarily hold true at the moment, 163 00:08:06,960 --> 00:08:09,480 Speaker 8: because yes, if you say you're a first home buyer 164 00:08:09,800 --> 00:08:11,920 Speaker 8: in twenty twenty one, at the top of the market, 165 00:08:11,920 --> 00:08:14,880 Speaker 8: you've paid top dollar, you're now sitting on a property 166 00:08:14,920 --> 00:08:17,360 Speaker 8: potentially depending on where you are in the country, not everywhere, 167 00:08:17,600 --> 00:08:19,960 Speaker 8: but if you're sitting on a property in Auckland, you 168 00:08:20,000 --> 00:08:23,720 Speaker 8: might still be down twenty five percent. So it does 169 00:08:24,280 --> 00:08:28,080 Speaker 8: very across the country, and there is that cliche of 170 00:08:28,080 --> 00:08:30,679 Speaker 8: the say, but certainly a tough time at the moment 171 00:08:30,760 --> 00:08:32,760 Speaker 8: to be buying and selling in a short period of time. 172 00:08:33,080 --> 00:08:35,800 Speaker 2: It sounds like it too, Kelvin. Appreciate your update this morning. 173 00:08:35,840 --> 00:08:39,240 Speaker 2: Calvin Davidson, Catality Chief Property Economists with US. It's sixteen 174 00:08:39,320 --> 00:08:42,800 Speaker 2: after five. Next, the ausies have made a change to 175 00:08:42,880 --> 00:08:47,520 Speaker 2: their bear excise regulations and I'm interested to hear that 176 00:08:47,600 --> 00:08:49,400 Speaker 2: how they're going to plan to do this in New Zealand. 177 00:08:49,440 --> 00:08:51,440 Speaker 2: I mean not that they are, but there are calls 178 00:08:51,440 --> 00:08:54,040 Speaker 2: for them to do it in New Zealand. It it 179 00:08:54,120 --> 00:08:56,920 Speaker 2: sounds very complicated to me, but we'll see if they 180 00:08:56,960 --> 00:08:59,360 Speaker 2: can explain that to us. Next, News Talks ever been. 181 00:09:00,320 --> 00:09:02,840 Speaker 1: The first word on the news of the day Early 182 00:09:02,960 --> 00:09:07,480 Speaker 1: Eddiship with Ryan Bridge and one Roote Love where you live. 183 00:09:07,559 --> 00:09:10,320 Speaker 2: News Talks, that'd be it is nineteen minutes after five. 184 00:09:10,400 --> 00:09:12,080 Speaker 2: You know how when you go on social media and 185 00:09:12,120 --> 00:09:15,079 Speaker 2: the social media companies just seem like this massive behemoth 186 00:09:15,840 --> 00:09:18,079 Speaker 2: that live in the ether and you'll never get hold 187 00:09:18,080 --> 00:09:19,960 Speaker 2: of them, and they'll never email you back, and you 188 00:09:20,000 --> 00:09:24,120 Speaker 2: complain about something and they just do not care. Talk 189 00:09:24,160 --> 00:09:27,040 Speaker 2: to the hand. That's what Facebook says to you. Well, 190 00:09:27,240 --> 00:09:30,040 Speaker 2: India's doing something about it. So they've just introduced new 191 00:09:30,120 --> 00:09:32,200 Speaker 2: laws over there. They're going to make it mandatory for 192 00:09:32,280 --> 00:09:37,040 Speaker 2: social media companies to remove unlawful content within three hours 193 00:09:37,640 --> 00:09:40,760 Speaker 2: of so soon as you tell them and give them 194 00:09:40,760 --> 00:09:43,120 Speaker 2: a tap on the shoulder and say this is illegal 195 00:09:43,120 --> 00:09:45,760 Speaker 2: content or this is something's wrong with this. As soon 196 00:09:45,800 --> 00:09:48,000 Speaker 2: as you notify them, they have three hours to do 197 00:09:48,040 --> 00:09:52,240 Speaker 2: something about it. And bredge Brig Australia's just frozen draft 198 00:09:52,280 --> 00:09:55,320 Speaker 2: bear excise to relieve some pressure on local pubs and 199 00:09:55,480 --> 00:09:57,920 Speaker 2: Keewi brewers here are calling for the same to be done. 200 00:09:58,240 --> 00:10:01,320 Speaker 2: Our excise tax rises all dramatically every year, as you 201 00:10:01,400 --> 00:10:03,520 Speaker 2: know if you go to the pub, Well, beer consumption 202 00:10:03,600 --> 00:10:06,600 Speaker 2: has fallen to the lowest level on record. Tim Ward 203 00:10:06,640 --> 00:10:08,360 Speaker 2: from Abandoned Breweries with me this morning. 204 00:10:08,400 --> 00:10:10,640 Speaker 5: Hey Tim, how are you doing? Ryan? 205 00:10:10,720 --> 00:10:12,679 Speaker 2: Yeah, really good, thank you. So what can you explain 206 00:10:12,679 --> 00:10:14,199 Speaker 2: to us what the Aussies have done? 207 00:10:15,400 --> 00:10:17,640 Speaker 9: Yeah, what the Aussies have done is they've put a 208 00:10:17,679 --> 00:10:20,640 Speaker 9: freeze on excise tacks as you said, to put give 209 00:10:20,720 --> 00:10:23,800 Speaker 9: relief to breweries. But they've actually gone a step further 210 00:10:24,280 --> 00:10:28,839 Speaker 9: and they've frozen up to fifty thousand liters for crafts breweries. 211 00:10:30,760 --> 00:10:32,199 Speaker 2: And so how much are they saving? 212 00:10:34,080 --> 00:10:37,640 Speaker 9: What's roughly twenty percent of the retail price that you've 213 00:10:37,679 --> 00:10:40,760 Speaker 9: seen on shelves. So if you're purchasing the product, and 214 00:10:40,920 --> 00:10:43,840 Speaker 9: craft beers in a four to forty more can send 215 00:10:43,880 --> 00:10:47,280 Speaker 9: at around say ten dollars or twelve dollars, that's twenty 216 00:10:47,320 --> 00:10:50,360 Speaker 9: percent of that is going straight into the government's coffers. 217 00:10:51,080 --> 00:10:54,400 Speaker 2: Is this twenty percent, sorry, just craft bear that we're 218 00:10:54,440 --> 00:10:55,880 Speaker 2: talking about here, or all beer. 219 00:10:56,720 --> 00:11:00,440 Speaker 9: We're talking about all beer. But what the Australi aliens 220 00:11:00,440 --> 00:11:03,600 Speaker 9: did some time ago is they provided release directly to 221 00:11:03,720 --> 00:11:07,679 Speaker 9: craft brewers, really to give the small guys an opportunity 222 00:11:08,120 --> 00:11:11,720 Speaker 9: to survive. It's not really a level playing field when 223 00:11:11,720 --> 00:11:17,360 Speaker 9: you've got you've got large companies with huge efficiencies able 224 00:11:17,400 --> 00:11:20,800 Speaker 9: to produce product and mass and then sell it at 225 00:11:20,840 --> 00:11:25,160 Speaker 9: a very very low price, competing with small businesses which 226 00:11:25,160 --> 00:11:28,120 Speaker 9: have got much higher costs and smaller volumes. 227 00:11:28,400 --> 00:11:31,480 Speaker 2: How do you separate out who's big who's small? And 228 00:11:32,200 --> 00:11:36,000 Speaker 2: is the excise not just on alcohol rather than beer 229 00:11:36,120 --> 00:11:39,240 Speaker 2: or wine or anything specific x. 230 00:11:39,200 --> 00:11:43,000 Speaker 9: Those taxes alcohol by volume? I think the bigger question 231 00:11:43,200 --> 00:11:45,760 Speaker 9: is what is the excise tax trying to achieve? And 232 00:11:46,120 --> 00:11:49,760 Speaker 9: essentially it's an offset to the cost of alcohol harm 233 00:11:49,800 --> 00:11:53,520 Speaker 9: and discourage consumption, and in my opinion, it's a very 234 00:11:53,559 --> 00:11:57,160 Speaker 9: blunt instrument. There are several other ways to reduce alcohol 235 00:11:57,200 --> 00:12:02,640 Speaker 9: harm that could be more successful. What well, there was 236 00:12:02,679 --> 00:12:06,280 Speaker 9: a recommendation in twenty twelve and the last sellar Licor 237 00:12:06,320 --> 00:12:10,439 Speaker 9: Act which was ignored, and that's to split the drinking 238 00:12:10,559 --> 00:12:15,640 Speaker 9: age between off premise and on premise. Essentially, off premise 239 00:12:15,679 --> 00:12:18,800 Speaker 9: would go up to twenty and on premise would stay 240 00:12:18,800 --> 00:12:22,400 Speaker 9: at eighteen. The sery there is that bars and restaurants 241 00:12:22,440 --> 00:12:26,280 Speaker 9: are highly regulated environments where start are on hand at 242 00:12:26,280 --> 00:12:30,480 Speaker 9: all times to check alcohol consumption and individuals, whereas it 243 00:12:30,520 --> 00:12:33,640 Speaker 9: an off premise, an eighteen year old could walk in 244 00:12:35,120 --> 00:12:39,080 Speaker 9: still in school in school uniform and their connectivity with 245 00:12:39,160 --> 00:12:43,880 Speaker 9: somebody who's much younger is still there because of their 246 00:12:43,960 --> 00:12:47,480 Speaker 9: school relationship, whereas a twenty year old is much less 247 00:12:47,559 --> 00:12:48,640 Speaker 9: likely to buy alcohol. 248 00:12:48,679 --> 00:12:51,320 Speaker 2: For a young person, tim is this actually an argument 249 00:12:51,400 --> 00:12:53,920 Speaker 2: that's a little bit redundant Now? Young people aren't drinking 250 00:12:53,960 --> 00:12:56,319 Speaker 2: anywhere near as much as we used to when we 251 00:12:56,320 --> 00:12:58,960 Speaker 2: were younger, and they're not buying as much alcohol. That's 252 00:12:58,960 --> 00:13:02,000 Speaker 2: your real problem. 253 00:13:01,000 --> 00:13:05,199 Speaker 9: And that probably plays into why it's such a blunt instrument. 254 00:13:05,280 --> 00:13:09,240 Speaker 9: These days. Young people are aren't drinking as much alcohol, 255 00:13:09,400 --> 00:13:13,760 Speaker 9: and the excise tax is really just a massive revenue 256 00:13:13,760 --> 00:13:17,720 Speaker 9: collection for the government that's too too, too great for 257 00:13:17,800 --> 00:13:18,680 Speaker 9: them to ignore. 258 00:13:18,920 --> 00:13:21,839 Speaker 2: So you actually, what you're saying is they are responsible 259 00:13:21,960 --> 00:13:23,559 Speaker 2: enough to handle cheaper booze. 260 00:13:25,360 --> 00:13:28,600 Speaker 9: No, what I'm saying, like the other thing that would 261 00:13:28,640 --> 00:13:32,600 Speaker 9: help with alcohol hammers and was recommended in twenty twelve 262 00:13:32,640 --> 00:13:36,480 Speaker 9: and a Law Commission report was a minimum drink pricing 263 00:13:37,040 --> 00:13:41,719 Speaker 9: so that big liquor couldn't gain the efficiencies. They had 264 00:13:41,760 --> 00:13:47,000 Speaker 9: to set a minimum unit price for alcohol. Let's say retailers, 265 00:13:47,040 --> 00:13:50,560 Speaker 9: not the big liquors, had to set a minimum drinks price, 266 00:13:50,800 --> 00:13:56,200 Speaker 9: and that would just reduce accessibility to larger quantities to 267 00:13:56,240 --> 00:13:57,880 Speaker 9: the consent, I'm on. 268 00:13:57,920 --> 00:13:59,920 Speaker 2: Board with what you're saying, and God, I'd love to 269 00:14:00,120 --> 00:14:02,680 Speaker 2: for booz cheap of bear at the pub and craft 270 00:14:02,679 --> 00:14:05,440 Speaker 2: bear in particular would be lovely. But then what about 271 00:14:05,480 --> 00:14:08,120 Speaker 2: any other industry where you have big players who have 272 00:14:08,200 --> 00:14:11,160 Speaker 2: economies of scale, who can make stuff cheaper versus your 273 00:14:11,200 --> 00:14:14,280 Speaker 2: smaller guys I mean pack an industry, and you'll find 274 00:14:14,320 --> 00:14:16,040 Speaker 2: the same problem. 275 00:14:16,320 --> 00:14:18,400 Speaker 9: I don't think you're ever going to get cheaper bus. 276 00:14:18,440 --> 00:14:18,840 Speaker 2: I think the. 277 00:14:20,640 --> 00:14:26,600 Speaker 9: Freezing of the excise tax or a concession for artisan 278 00:14:27,120 --> 00:14:29,920 Speaker 9: businesses is going to go straight to the back pockets 279 00:14:29,960 --> 00:14:32,680 Speaker 9: of those small businesses. The price is going to stay 280 00:14:32,720 --> 00:14:36,800 Speaker 9: relatively the same for the consumer. Small businesses craft worries 281 00:14:36,800 --> 00:14:40,200 Speaker 9: have struggle for years and they're unable to pass on 282 00:14:40,320 --> 00:14:43,680 Speaker 9: discounts that they might get from suppliers or from a 283 00:14:43,760 --> 00:14:46,080 Speaker 9: drop in the excise tax or a freezing exiit. 284 00:14:45,840 --> 00:14:49,680 Speaker 2: Gotcha, Yeah, yeah, no, got you. Tim. Appreciate your update 285 00:14:49,760 --> 00:14:52,880 Speaker 2: this morning. Thank you, Good luck with the mission. Tim Ward, 286 00:14:53,200 --> 00:14:56,800 Speaker 2: founder and director at Abandoned Brewery. Its twenty five after five. 287 00:14:57,440 --> 00:15:01,680 Speaker 2: We'll talk about another terrible case, yes today, a historical 288 00:15:01,720 --> 00:15:04,760 Speaker 2: one of child abuse and child neglect in New Zealand 289 00:15:04,840 --> 00:15:07,520 Speaker 2: and another minister being chased through the halls of Parliament. 290 00:15:07,840 --> 00:15:09,880 Speaker 2: Really is this going to get us anywhere? We'll talk 291 00:15:09,880 --> 00:15:12,600 Speaker 2: about that next, and we're to Mitch McCann after News 292 00:15:12,600 --> 00:15:16,119 Speaker 2: at five point thirty Newstalks EDB, the early. 293 00:15:16,000 --> 00:15:20,440 Speaker 1: Edition full show podcast on iHeartRadio powered by News Talks AB. 294 00:15:21,480 --> 00:15:24,360 Speaker 2: News Talks hed B five twenty seven. The brutal death 295 00:15:24,440 --> 00:15:27,720 Speaker 2: of that poor wee boy, Malachi Subec is a disgrace. 296 00:15:28,200 --> 00:15:31,080 Speaker 2: No one will argue with that. It was basically torture. 297 00:15:31,280 --> 00:15:34,040 Speaker 2: Horrible stuff, and now we have these debates popping up 298 00:15:34,080 --> 00:15:36,760 Speaker 2: about it back in the news another report being done. 299 00:15:37,000 --> 00:15:40,320 Speaker 2: Should the minister front for interviews that was the focus 300 00:15:40,360 --> 00:15:43,240 Speaker 2: of an article yesterday. Karen Shaw, herself a product of 301 00:15:43,280 --> 00:15:47,680 Speaker 2: the foster care system, criticized, didn't attend or didn't do 302 00:15:47,760 --> 00:15:50,800 Speaker 2: any interviews. Apparently yesterday during the day she was busy 303 00:15:51,160 --> 00:15:54,280 Speaker 2: attended a pre planned lunch event to eat some lamb 304 00:15:54,360 --> 00:15:58,200 Speaker 2: on Parliament's lawn. Criticized for this, she should have, according 305 00:15:58,240 --> 00:16:02,080 Speaker 2: to this irn Z story, presumably been inside answering questions 306 00:16:02,080 --> 00:16:04,960 Speaker 2: about why more wasn't being done about this boy's murder, 307 00:16:05,000 --> 00:16:08,480 Speaker 2: which you might recall was back in twenty twenty one. 308 00:16:08,640 --> 00:16:12,120 Speaker 2: Calvin Davis, you may recall, also came in for a 309 00:16:12,160 --> 00:16:14,880 Speaker 2: hammering from the media when he was the minister. So 310 00:16:14,920 --> 00:16:17,360 Speaker 2: I think we should all be really clear at the outset. 311 00:16:17,520 --> 00:16:21,600 Speaker 2: Neither Karen nor Calvin nor any politician is responsible for 312 00:16:21,680 --> 00:16:25,360 Speaker 2: the deaths of babies. The fact we have no culprit 313 00:16:25,440 --> 00:16:28,080 Speaker 2: for the death of baby ru in the hut is 314 00:16:28,120 --> 00:16:30,800 Speaker 2: you could say the fault of the police. But ultimately, 315 00:16:31,400 --> 00:16:34,760 Speaker 2: as with all of these cases, fault lies with those 316 00:16:34,800 --> 00:16:37,560 Speaker 2: who do the killing and those who do the covering up. 317 00:16:38,000 --> 00:16:40,200 Speaker 2: You know, the family who don't speak to police, the 318 00:16:40,240 --> 00:16:42,600 Speaker 2: partner who won't dob in their other half, the other 319 00:16:42,760 --> 00:16:45,760 Speaker 2: real culprits here. Yes, there are things we can learn, 320 00:16:45,840 --> 00:16:48,720 Speaker 2: things we can do, things that can change. We can 321 00:16:48,840 --> 00:16:51,200 Speaker 2: change the name of an agency. God We've done that 322 00:16:51,360 --> 00:16:54,160 Speaker 2: enough times. We can add a red flag system here, 323 00:16:54,240 --> 00:16:57,800 Speaker 2: we can appoint a children's commissioner there. But ultimately, does 324 00:16:57,840 --> 00:17:01,080 Speaker 2: any of it do any good? Average around ten or 325 00:17:01,120 --> 00:17:04,040 Speaker 2: eleven kids killed by homicide every year in New Zealand. 326 00:17:04,600 --> 00:17:07,879 Speaker 2: Ask ot or sits before them, and they'll tell you 327 00:17:07,920 --> 00:17:10,040 Speaker 2: that reports of abuse seem to be trending down, but 328 00:17:10,080 --> 00:17:12,800 Speaker 2: they have a new thing called reports of concern. They 329 00:17:12,800 --> 00:17:16,119 Speaker 2: are going up. We actually don't know for certain if 330 00:17:16,119 --> 00:17:18,520 Speaker 2: this is getting better or worse, because there's apparently a 331 00:17:18,640 --> 00:17:21,080 Speaker 2: data lag. I know it's an incredible thing to have 332 00:17:21,119 --> 00:17:23,840 Speaker 2: a data lag on, but here we are. You would 333 00:17:23,880 --> 00:17:26,520 Speaker 2: have to say, though, on the whole the picture is 334 00:17:26,520 --> 00:17:30,480 Speaker 2: not rosy and no amount of stalking MPs around Parliament 335 00:17:30,600 --> 00:17:33,600 Speaker 2: is going to fix it. Any fix surely has to 336 00:17:33,640 --> 00:17:34,560 Speaker 2: be in the home. 337 00:17:39,520 --> 00:17:43,200 Speaker 1: Get ahead of the headlines on early edition with Ryan 338 00:17:43,280 --> 00:17:47,280 Speaker 1: Bridge and one roof Love Where you live used talks at. 339 00:17:47,160 --> 00:18:03,840 Speaker 5: Me pretty far away from Sex News. 340 00:18:03,680 --> 00:18:06,560 Speaker 2: Talk on your Thursday morning. Great to have your company clear. 341 00:18:06,640 --> 00:18:07,080 Speaker 5: Matthews. 342 00:18:07,119 --> 00:18:09,080 Speaker 2: You know the banking expert. We used her quite a 343 00:18:09,119 --> 00:18:11,200 Speaker 2: lot because she's good, and she's going to talk to 344 00:18:11,280 --> 00:18:14,280 Speaker 2: us about the COVID inquiry that's coming for the RBNZ 345 00:18:14,920 --> 00:18:17,480 Speaker 2: and potentially coming for labor too. I guess that's the 346 00:18:17,520 --> 00:18:19,680 Speaker 2: point of it. John has checked in Ryan. I think 347 00:18:19,720 --> 00:18:23,440 Speaker 2: the inquiry is a cunning election ployee. We can prove 348 00:18:23,520 --> 00:18:26,640 Speaker 2: this by the extra high pitched wine coming from Hipkins, 349 00:18:26,640 --> 00:18:30,440 Speaker 2: who still hasn't gotten around to apologizing for anything COVID related. John, 350 00:18:30,440 --> 00:18:32,840 Speaker 2: did you see him on the news last night. I 351 00:18:32,920 --> 00:18:38,200 Speaker 2: nearly choked on my steaken chips. I wasn't having staken chips. 352 00:18:38,240 --> 00:18:41,360 Speaker 2: I was having chicken and broccoli. But there we go, 353 00:18:41,720 --> 00:18:46,280 Speaker 2: trying to sound cool, relatable. So he's One of the 354 00:18:46,480 --> 00:18:50,159 Speaker 2: grabs that he did on the tiles yesterday was Ah, 355 00:18:50,600 --> 00:18:54,040 Speaker 2: this will just bring out all this is the COVID conspiracy. Theorist, 356 00:18:54,840 --> 00:19:00,000 Speaker 2: bro do not start with that. It's not a conspiracy. 357 00:19:00,480 --> 00:19:06,040 Speaker 2: Like it happened. Okay, COVID happened, the response happened, the 358 00:19:06,119 --> 00:19:11,960 Speaker 2: money printing happened, the government borrowing happened. There's no conspiracy 359 00:19:12,000 --> 00:19:15,040 Speaker 2: about that. What's the harm in asking what harm it did? 360 00:19:16,560 --> 00:19:19,320 Speaker 2: Ryan Bridge, twenty three minutes away from six. Also, I'll 361 00:19:19,320 --> 00:19:21,359 Speaker 2: tell you, Brittany, So I've just been given a piece 362 00:19:21,359 --> 00:19:23,480 Speaker 2: of paper. Mackenzie's given me a piece of paper that 363 00:19:23,560 --> 00:19:26,159 Speaker 2: tells us Britney Spears. You know how she went do 364 00:19:26,280 --> 00:19:29,520 Speaker 2: lally and then came back and the conservatorship and they 365 00:19:29,600 --> 00:19:32,080 Speaker 2: put her back in charge of her own money. Well 366 00:19:32,119 --> 00:19:36,240 Speaker 2: she's gone and sold her entire music catalog. This is 367 00:19:36,280 --> 00:19:39,440 Speaker 2: according to the BBC, you know. And people are going, gosh, 368 00:19:39,560 --> 00:19:41,760 Speaker 2: is she in a state to sell it? And how 369 00:19:41,840 --> 00:19:43,320 Speaker 2: much did she get? I'll tell you that in a 370 00:19:43,359 --> 00:19:45,320 Speaker 2: second too. But first we'll go to our reporters around 371 00:19:45,320 --> 00:19:47,840 Speaker 2: the country and we'll go to Mitch McCann Stateside. Shortly 372 00:19:47,960 --> 00:19:49,960 Speaker 2: Collum Proctor is with us in Dneed and Collen good 373 00:19:49,960 --> 00:19:54,920 Speaker 2: morning morning, right, So fireworks display for New Year's EVAs 374 00:19:54,960 --> 00:19:55,320 Speaker 2: back on. 375 00:19:56,640 --> 00:19:59,320 Speaker 10: Yeah, the council here looking at at bringing it back 376 00:19:59,800 --> 00:20:02,840 Speaker 10: for an enterprise to Need and here recently surveyed the 377 00:20:02,840 --> 00:20:06,240 Speaker 10: public Ryan after last year's event, events egauge whether it 378 00:20:06,359 --> 00:20:10,639 Speaker 10: meets community expectations, and it clearly didn't. The majority of 379 00:20:10,720 --> 00:20:16,760 Speaker 10: respondents expressing overall dissatisfaction, many describing the display as anti climactic, 380 00:20:16,920 --> 00:20:20,960 Speaker 10: unclear or ending abruptly. There were no fireworks. Dunedin in fact, 381 00:20:20,960 --> 00:20:24,920 Speaker 10: hasn't run a New Year's Eve pyrotechnics display since welcoming 382 00:20:24,960 --> 00:20:27,199 Speaker 10: in twenty twenty one, and there are calls for that 383 00:20:27,359 --> 00:20:30,720 Speaker 10: to return. Our Maya, Sophie Barker, wants something magical to 384 00:20:30,720 --> 00:20:34,280 Speaker 10: happen at midnight. She's told us. Fireworks displays, though, started 385 00:20:34,320 --> 00:20:36,520 Speaker 10: a cost of around forty thousand dollars, which is a 386 00:20:36,600 --> 00:20:39,480 Speaker 10: challenge for them when residents want the council to be 387 00:20:39,520 --> 00:20:44,160 Speaker 10: fiscally responsible. Councilors will consider that in a meeting today. 388 00:20:44,280 --> 00:20:47,000 Speaker 2: All right, how's your weather? A fine day for us? 389 00:20:47,040 --> 00:20:50,040 Speaker 2: Nor easterly is twenty three cheers Callen, Thank you, Claire 390 00:20:50,040 --> 00:20:54,760 Speaker 2: and christch morning, Claire, good morning. Porterloo's are being distributed 391 00:20:54,800 --> 00:20:56,040 Speaker 2: to help the homeless. 392 00:20:56,560 --> 00:20:59,160 Speaker 11: Yeah, We've got Christier at City Council paying to put 393 00:20:59,200 --> 00:21:02,320 Speaker 11: Porterloo's in the red zone on the eastern side of 394 00:21:02,359 --> 00:21:05,200 Speaker 11: the city in order to cope with a growing homelessness problem. 395 00:21:05,480 --> 00:21:08,040 Speaker 11: The facilities have been in place now for several months. 396 00:21:08,240 --> 00:21:11,399 Speaker 11: Following some complaints about people who were using the public 397 00:21:11,440 --> 00:21:14,879 Speaker 11: spaces for toileting. The move comes as our Council is 398 00:21:14,960 --> 00:21:19,040 Speaker 11: discussing the council's role in housing and homelessness and developing 399 00:21:19,080 --> 00:21:23,679 Speaker 11: a homelessness strategy. Christchurch East MP Reuben Davidson says the 400 00:21:23,720 --> 00:21:26,119 Speaker 11: issue is not going away and now people are popping 401 00:21:26,200 --> 00:21:29,040 Speaker 11: up where they haven't been seen before. He says, the 402 00:21:29,080 --> 00:21:32,600 Speaker 11: reality is people need homes, not just portaloose. 403 00:21:32,119 --> 00:21:36,399 Speaker 2: And are they using the portal loose like the instances 404 00:21:36,440 --> 00:21:39,000 Speaker 2: of the musing out the grass are going down? Do 405 00:21:39,040 --> 00:21:39,240 Speaker 2: we know? 406 00:21:39,480 --> 00:21:41,720 Speaker 11: Yes, yes, that's reducing So it's a good thing and 407 00:21:41,880 --> 00:21:43,920 Speaker 11: the thing in terms of the problem. The question is 408 00:21:43,960 --> 00:21:46,760 Speaker 11: whether we should be paying for that at the ambulance 409 00:21:46,760 --> 00:21:48,440 Speaker 11: at bottom of the cliff or whether we need help 410 00:21:48,440 --> 00:21:49,280 Speaker 11: earlier in the process. 411 00:21:49,359 --> 00:21:51,520 Speaker 2: Yeah, good point. How's your weather morning? 412 00:21:51,560 --> 00:21:54,000 Speaker 11: Cloud should clear to find today northeasterly is picking up 413 00:21:54,000 --> 00:21:55,560 Speaker 11: a bit later and a high twenty two. 414 00:21:55,720 --> 00:21:57,439 Speaker 2: You have a great day, clear morning, Max. 415 00:21:58,040 --> 00:21:58,320 Speaker 12: Morning. 416 00:21:58,440 --> 00:22:00,680 Speaker 2: You got a golf tournament teeing off in the case. 417 00:22:00,760 --> 00:22:04,520 Speaker 13: Yeah, this is the Women's Amateur Asia Pacific Championship which 418 00:22:04,560 --> 00:22:07,880 Speaker 13: tees off this morning at Royal Wellington. And as we've 419 00:22:07,880 --> 00:22:10,399 Speaker 13: been reporting, I think the headline act in this eighty 420 00:22:10,440 --> 00:22:13,760 Speaker 13: three strong field is unquestionably a thirteen year old Wellington 421 00:22:13,840 --> 00:22:17,040 Speaker 13: student named Elise Barber who plays off a plus two. 422 00:22:17,160 --> 00:22:20,480 Speaker 13: She's a skipping school today at Queen Margaret College to 423 00:22:20,520 --> 00:22:20,960 Speaker 13: take part. 424 00:22:21,160 --> 00:22:23,239 Speaker 2: Took up golf at the age of six, could not 425 00:22:23,320 --> 00:22:23,919 Speaker 2: hit it as. 426 00:22:23,760 --> 00:22:27,000 Speaker 13: Far as other girls at times, so really fine tuned 427 00:22:27,040 --> 00:22:28,640 Speaker 13: her short game. She's a bit of a wizard around 428 00:22:28,680 --> 00:22:31,280 Speaker 13: the greens. And the winner gets the incredible prize of 429 00:22:31,320 --> 00:22:34,440 Speaker 13: being able to compete at three of this year's women's majors, 430 00:22:34,440 --> 00:22:38,000 Speaker 13: including the Open. Ten thousand people expected at the course 431 00:22:38,400 --> 00:22:41,040 Speaker 13: in Upper Hut over four days. There's a two day cut. 432 00:22:41,200 --> 00:22:44,439 Speaker 13: The fifteenth ranked player in the world is in the field. 433 00:22:44,680 --> 00:22:47,199 Speaker 13: It'll be shown on sky Sport. Terrific for Royal and 434 00:22:47,240 --> 00:22:47,679 Speaker 13: the region. 435 00:22:47,960 --> 00:22:50,840 Speaker 2: Oh fantastic. That is some good news. Finally out of ums. 436 00:22:51,560 --> 00:22:53,000 Speaker 2: How's the weather for this tournament? 437 00:22:53,359 --> 00:22:54,000 Speaker 5: It is good news. 438 00:22:54,240 --> 00:22:56,120 Speaker 13: I was personally asked to take part in the prom 439 00:22:56,240 --> 00:22:58,399 Speaker 13: but it couldn't take a day's leave so declined. 440 00:22:58,720 --> 00:22:58,960 Speaker 5: Fine. 441 00:22:59,000 --> 00:23:01,919 Speaker 13: Whether light winds and capital mid twenties really were you? 442 00:23:02,800 --> 00:23:03,040 Speaker 5: Yes? 443 00:23:03,080 --> 00:23:06,080 Speaker 2: I was, yeah, just throwing it in there, but. 444 00:23:06,359 --> 00:23:09,560 Speaker 13: As a sixteen handicap, I thought i'd embarrass myself as well. 445 00:23:09,600 --> 00:23:11,359 Speaker 2: So do you ask for leave and they didn't give 446 00:23:11,400 --> 00:23:11,959 Speaker 2: it to you? 447 00:23:11,800 --> 00:23:14,200 Speaker 13: Or no, No, I don't have any leave at the moment. 448 00:23:14,320 --> 00:23:17,320 Speaker 13: I'm in the negatives. So did you know I have 449 00:23:17,320 --> 00:23:19,600 Speaker 13: a trip coming up to Vancouver. I'm going to the 450 00:23:19,600 --> 00:23:21,160 Speaker 13: World Cup in June. 451 00:23:21,160 --> 00:23:24,640 Speaker 2: Big and can we do some crosses? Can you get 452 00:23:24,960 --> 00:23:28,159 Speaker 2: a couple of days leave back? If you do? You know, 453 00:23:28,520 --> 00:23:31,119 Speaker 2: let's say you do three crosses for us. That's a 454 00:23:31,200 --> 00:23:33,080 Speaker 2: day's that's a day's annual leave back. 455 00:23:33,440 --> 00:23:35,359 Speaker 13: But you know, if you lobby on my behalf, I 456 00:23:35,359 --> 00:23:37,199 Speaker 13: think we can get this across the line, you know, 457 00:23:37,359 --> 00:23:41,320 Speaker 13: three minute cross from the stadium. I'm probably half drunk. 458 00:23:43,400 --> 00:23:44,240 Speaker 13: I think it'll be great. 459 00:23:44,760 --> 00:23:48,400 Speaker 2: What's different about that? I think we consider this done? 460 00:23:48,440 --> 00:23:51,359 Speaker 2: All right, done deal, It's been signed off. Thank you, Max, 461 00:23:51,800 --> 00:23:53,080 Speaker 2: Neither good morning. 462 00:23:52,840 --> 00:23:53,359 Speaker 5: Good morning. 463 00:23:53,920 --> 00:23:56,560 Speaker 14: The boss is ringing the phone. The phone is running 464 00:23:56,560 --> 00:23:58,600 Speaker 14: hot to Wellington weather? 465 00:23:59,440 --> 00:24:00,800 Speaker 1: What oh did you ask? 466 00:24:01,080 --> 00:24:01,399 Speaker 5: Oh? 467 00:24:01,440 --> 00:24:04,720 Speaker 14: No, sorry, who cares about the Wellington. 468 00:24:06,359 --> 00:24:07,240 Speaker 2: You weren't listening? 469 00:24:07,320 --> 00:24:07,919 Speaker 12: Oh was I not? 470 00:24:08,040 --> 00:24:08,520 Speaker 5: So sorry? 471 00:24:08,560 --> 00:24:10,639 Speaker 2: The shame is on you, Yeah, it is on me. 472 00:24:10,840 --> 00:24:12,440 Speaker 14: Apologies, apologies. 473 00:24:12,600 --> 00:24:15,520 Speaker 2: Okay, let's talk about the boarding school thing. 474 00:24:16,000 --> 00:24:19,119 Speaker 14: Yes, now, look, the Ministry of Educations proposing to close 475 00:24:19,359 --> 00:24:24,040 Speaker 14: Massy's Westbroach. This is Westbridge Residential School and it's over 476 00:24:24,240 --> 00:24:27,560 Speaker 14: safety in education concerns. Now, this is a boarding school 477 00:24:27,560 --> 00:24:31,800 Speaker 14: for students with extreme behavioral needs. And there's a newly 478 00:24:31,880 --> 00:24:35,240 Speaker 14: released Education Review Office report. Now it's found twenty six 479 00:24:35,240 --> 00:24:39,560 Speaker 14: assaults on staff, six on students, twenty incidents of property 480 00:24:39,600 --> 00:24:42,239 Speaker 14: damage in terms one and two last year. So the 481 00:24:42,320 --> 00:24:45,639 Speaker 14: report also says that the students they weren't consistently getting 482 00:24:45,640 --> 00:24:49,000 Speaker 14: the support expected. What we know now that's going on 483 00:24:49,160 --> 00:24:52,680 Speaker 14: is that consultation on the proposed closure ends next month. 484 00:24:53,040 --> 00:24:55,399 Speaker 14: The school potentially, I don't know if this is all 485 00:24:55,440 --> 00:24:57,080 Speaker 14: going to go to fruition. It's going to be shut 486 00:24:57,119 --> 00:24:57,480 Speaker 14: by July. 487 00:24:59,080 --> 00:25:02,040 Speaker 2: High needs students and boarding school. Sounds like it's going 488 00:25:02,119 --> 00:25:02,959 Speaker 2: to be a difficult thing. 489 00:25:03,160 --> 00:25:05,440 Speaker 14: Yeah, that's exactly what I thought. And I mean these 490 00:25:05,480 --> 00:25:08,960 Speaker 14: students are typically enrolled for between twelve to eighteen months. 491 00:25:09,040 --> 00:25:12,120 Speaker 14: So it's a really difficult one because you're quite right, 492 00:25:12,160 --> 00:25:13,960 Speaker 14: extreme behavioral you know needs. 493 00:25:13,960 --> 00:25:17,000 Speaker 2: And we were right yesterday about the Navy woman. Did 494 00:25:17,000 --> 00:25:17,439 Speaker 2: you see that? 495 00:25:17,600 --> 00:25:18,600 Speaker 5: Oh? Yes I did. 496 00:25:18,720 --> 00:25:21,359 Speaker 2: I was going to text you well, I mean, we 497 00:25:21,359 --> 00:25:22,520 Speaker 2: shouldn't have talked about. 498 00:25:22,320 --> 00:25:24,160 Speaker 14: It not guilty though, wasn't it not guilty? 499 00:25:24,320 --> 00:25:24,520 Speaker 5: Yes? 500 00:25:24,640 --> 00:25:27,359 Speaker 2: Yes, yes, yeah, well we should probably just leave it there. 501 00:25:27,400 --> 00:25:27,600 Speaker 5: Yeah. 502 00:25:27,840 --> 00:25:28,440 Speaker 2: How's our weather? 503 00:25:28,520 --> 00:25:31,080 Speaker 14: Cloudy home twenty seven hot? 504 00:25:31,080 --> 00:25:34,879 Speaker 2: Thank you bloody hot? Isn't it right? Mitch mccainn next 505 00:25:34,920 --> 00:25:37,399 Speaker 2: out of the US clear Matthews on this RB and 506 00:25:37,520 --> 00:25:40,760 Speaker 2: the banking inquiry? Is it needed? Is it political? Or 507 00:25:40,920 --> 00:25:44,440 Speaker 2: you know, is there more left to learn apart from 508 00:25:44,480 --> 00:25:46,240 Speaker 2: the inquiries that we've already done. 509 00:25:46,320 --> 00:25:50,879 Speaker 1: News Talk se B International correspondence with Ends and Eye Insurance, 510 00:25:51,040 --> 00:25:53,080 Speaker 1: Peace of mind for New Zealand business. 511 00:25:53,720 --> 00:25:55,920 Speaker 2: It is fourteen minutes away from six. A very quick 512 00:25:55,960 --> 00:25:59,199 Speaker 2: update for you on so Britney Spears. The conservatorship is 513 00:25:59,200 --> 00:26:02,240 Speaker 2: over and she's now sold her music catalog for weight 514 00:26:02,320 --> 00:26:05,320 Speaker 2: for it two hundred million US dollars. That's three hundred 515 00:26:05,320 --> 00:26:08,240 Speaker 2: and thirty million New Zealand dollars gone to Primary Wave. 516 00:26:08,359 --> 00:26:12,040 Speaker 2: That's the outfit that bought Prince's back catalog, the out 517 00:26:12,080 --> 00:26:15,520 Speaker 2: same outfit that bought Whitney Houston's back catalog. Heaps of 518 00:26:15,560 --> 00:26:20,280 Speaker 2: them are doing it. Bruce Springsteen, Justin Bieber, Justin Timberlake, Shakira, 519 00:26:20,440 --> 00:26:23,840 Speaker 2: They've all recently jumped on board and sold out. Springsteen 520 00:26:23,960 --> 00:26:26,520 Speaker 2: sold his back catalog to Sony. You might remember this 521 00:26:26,560 --> 00:26:30,880 Speaker 2: back in twenty twenty one for five hundred million US dollars. 522 00:26:31,200 --> 00:26:35,360 Speaker 2: There's fifteen to six. Now. Mitch McCann's our US correspondent, 523 00:26:35,400 --> 00:26:37,600 Speaker 2: and the White House has just confirmed that Netanya who 524 00:26:37,680 --> 00:26:40,680 Speaker 2: has arrived for a meeting with Trump to talk about Iran. Mitch, 525 00:26:40,720 --> 00:26:41,439 Speaker 2: what's the latest. 526 00:26:42,200 --> 00:26:44,680 Speaker 15: Yeah, Well, look, this is the sixth meeting since Donald 527 00:26:44,720 --> 00:26:46,800 Speaker 15: Trump's second term started, and it comes at a really 528 00:26:46,800 --> 00:26:50,280 Speaker 15: important moment given the situation in Iran. At the moment, 529 00:26:50,359 --> 00:26:53,960 Speaker 15: Ryan Israel Seesar Run as an existential threat and it's 530 00:26:54,000 --> 00:26:57,399 Speaker 15: greatly concerned by the possibility that Iran could be rebuilding 531 00:26:57,480 --> 00:27:00,800 Speaker 15: its nuclear arsenal. Now this is happening as the United 532 00:27:00,840 --> 00:27:04,719 Speaker 15: States continues negotiations with Iran. There's this massive build up 533 00:27:04,760 --> 00:27:07,680 Speaker 15: of US warships and planes sitting in the Arabian Sea 534 00:27:07,920 --> 00:27:10,600 Speaker 15: threatening to bomb Iran over the killing of thousands of 535 00:27:10,640 --> 00:27:14,800 Speaker 15: protesters and because of its reported nuclear plans. So Benjamintnya 536 00:27:14,840 --> 00:27:19,159 Speaker 15: who says he's going to outline Israel's position as it 537 00:27:19,200 --> 00:27:22,399 Speaker 15: relates to these negotiations. And while Israel might like to 538 00:27:22,440 --> 00:27:27,320 Speaker 15: see the US destroy Iran's weapon making capabilities. The risk 539 00:27:27,400 --> 00:27:31,040 Speaker 15: here is that Iran will respond, attacking both Israel and 540 00:27:31,200 --> 00:27:33,480 Speaker 15: US military positions in the region. 541 00:27:33,720 --> 00:27:37,240 Speaker 2: And then get absolutely smothered by the US. Presumably, Hey, 542 00:27:37,320 --> 00:27:41,560 Speaker 2: what's happening with Savannah Guthrie the newsreader and her mum Nancy. 543 00:27:41,600 --> 00:27:43,680 Speaker 2: They arrest the guy and then he's released. 544 00:27:44,640 --> 00:27:46,520 Speaker 15: Yeah, that's right, So of course this is such a 545 00:27:46,560 --> 00:27:49,040 Speaker 15: major story here in the US at the moment, Ryan 546 00:27:49,119 --> 00:27:51,879 Speaker 15: involving the kidnapping of eighty four year old Nancy Guthrie. 547 00:27:51,960 --> 00:27:54,440 Speaker 15: She's the mother of Savannah Guthrie, who is one of 548 00:27:54,480 --> 00:27:57,600 Speaker 15: the biggest names in US television. Late last night, there 549 00:27:57,640 --> 00:28:01,679 Speaker 15: was this major development. Police detained demand questioning, leading to 550 00:28:01,720 --> 00:28:05,080 Speaker 15: anticipation they may have found someone responsible or involved in 551 00:28:05,119 --> 00:28:08,520 Speaker 15: this kidnapping, only to release the man a few hours later, 552 00:28:08,560 --> 00:28:11,280 Speaker 15: who then told reporters he doesn't even follow the news 553 00:28:11,280 --> 00:28:13,640 Speaker 15: and didn't really know anything about the case or who 554 00:28:13,640 --> 00:28:17,280 Speaker 15: Savannah Guthrie was. So more than ten days after this disappearance, 555 00:28:17,280 --> 00:28:20,879 Speaker 15: it seems officials still may be no closer to finding 556 00:28:20,880 --> 00:28:23,320 Speaker 15: out who took Nancy or even where she is at 557 00:28:23,320 --> 00:28:23,680 Speaker 15: the moment. 558 00:28:23,800 --> 00:28:26,560 Speaker 2: Did they say, did police come out and say this 559 00:28:26,640 --> 00:28:29,080 Speaker 2: is why we thought it was this guy or did 560 00:28:29,119 --> 00:28:31,600 Speaker 2: they just arrest and release and we don't know why. 561 00:28:32,560 --> 00:28:34,639 Speaker 15: We still don't know yet. They may speak for the 562 00:28:34,640 --> 00:28:36,760 Speaker 15: coming hours about this. But he was arrested at a 563 00:28:36,760 --> 00:28:40,560 Speaker 15: traffic stop. It's still very unclear why this man was 564 00:28:40,600 --> 00:28:41,640 Speaker 15: stopped at the stage. 565 00:28:41,680 --> 00:28:44,720 Speaker 2: It seems very obvious. They have no idea who's behind 566 00:28:44,720 --> 00:28:46,720 Speaker 2: They say it looks like that. 567 00:28:46,880 --> 00:28:50,400 Speaker 15: But they have released some areen camera footage about nine 568 00:28:50,480 --> 00:28:53,600 Speaker 15: days after the disappearance, showing a man in a mask 569 00:28:53,920 --> 00:28:56,040 Speaker 15: and wearing a large jacket. It's hard to make out 570 00:28:56,040 --> 00:28:58,720 Speaker 15: who that is, but they're hoping that might lead to 571 00:28:58,800 --> 00:29:00,480 Speaker 15: any clues as to what's happened here. 572 00:29:00,520 --> 00:29:02,560 Speaker 2: It's a very bizarre case. Yeah, that's one way to 573 00:29:02,560 --> 00:29:05,320 Speaker 2: put it. Mitch McCann, a US correspondent Times ten to six. 574 00:29:05,840 --> 00:29:08,920 Speaker 2: Ray and Sapiers moved from the government yesterday just because 575 00:29:08,960 --> 00:29:11,920 Speaker 2: of the timing. So an inquiry into the Reserve Bank's 576 00:29:11,920 --> 00:29:14,880 Speaker 2: COVID money splash. You'll remember the ocr was slashed to 577 00:29:15,200 --> 00:29:17,960 Speaker 2: a quarter of a percent, fifty five billion dollars pumped 578 00:29:18,000 --> 00:29:21,400 Speaker 2: into the economy, and this was the Finance minister yesterday. 579 00:29:22,240 --> 00:29:26,400 Speaker 16: The purpose of the review is to learn from experience 580 00:29:26,880 --> 00:29:29,640 Speaker 16: so that future shops can be navigated in the best 581 00:29:29,680 --> 00:29:33,160 Speaker 16: possible way. Those who don't learn the lessons of history 582 00:29:33,560 --> 00:29:35,280 Speaker 16: are doomed to repeat them. 583 00:29:35,640 --> 00:29:39,320 Speaker 2: Claire Matthew's, associate professor, Massi University Business School, Claire, good morning, 584 00:29:40,720 --> 00:29:43,240 Speaker 2: Good Warring. It's surprised at the time. And do we 585 00:29:43,320 --> 00:29:45,240 Speaker 2: care about the timing? Is there more to learn? 586 00:29:47,560 --> 00:29:50,320 Speaker 17: Oh, there probably is some more to learn, but the 587 00:29:50,440 --> 00:29:51,840 Speaker 17: timing does seem. 588 00:29:51,680 --> 00:29:54,600 Speaker 2: Very odd because it's election here. 589 00:29:55,560 --> 00:29:57,440 Speaker 17: Because it's election year, quite frankness. 590 00:29:57,440 --> 00:29:59,320 Speaker 18: They want to get rid of the election paint. 591 00:30:00,120 --> 00:30:02,760 Speaker 17: Just don't have it reporting before the election. Go ahead 592 00:30:02,800 --> 00:30:06,480 Speaker 17: with the review, but have it reporting December February next year. 593 00:30:07,400 --> 00:30:09,200 Speaker 17: Just don't have it reporting before the election, and that 594 00:30:09,280 --> 00:30:09,720 Speaker 17: gets rid. 595 00:30:09,680 --> 00:30:12,440 Speaker 2: Of that problem. But it isn't so much of what 596 00:30:12,560 --> 00:30:16,560 Speaker 2: our problems are now. The genesis of them is COVID. 597 00:30:19,160 --> 00:30:21,360 Speaker 17: Well, I guess that's something that the review will tell us. 598 00:30:22,720 --> 00:30:24,840 Speaker 17: I think it's a bit simplistic to say that all 599 00:30:24,880 --> 00:30:28,040 Speaker 17: our problems today are due to COVID. Wh're now six 600 00:30:28,120 --> 00:30:30,600 Speaker 17: years past the start of COVID. There's been a lot 601 00:30:30,600 --> 00:30:33,280 Speaker 17: of other things happen in that time. It's all going 602 00:30:33,360 --> 00:30:39,160 Speaker 17: to be combining together to influence that and as time 603 00:30:39,200 --> 00:30:43,000 Speaker 17: goes on, it gets very difficult to separate out what's 604 00:30:43,040 --> 00:30:46,920 Speaker 17: happening from between the different parts of it and to 605 00:30:46,920 --> 00:30:49,920 Speaker 17: be able to say what we're experiencing now is only COVID, 606 00:30:49,960 --> 00:30:51,160 Speaker 17: I think is very simplistic. 607 00:30:51,360 --> 00:30:53,680 Speaker 2: Was listening to Michael Videll used that he was saying, look, 608 00:30:54,160 --> 00:30:57,080 Speaker 2: your Reserve Bank is supposed to take into account because 609 00:30:57,080 --> 00:30:59,960 Speaker 2: obviously the government was spending like a drunk, and say, 610 00:31:00,400 --> 00:31:02,120 Speaker 2: but the Reserve Bank is meant to take that into 611 00:31:02,160 --> 00:31:03,640 Speaker 2: account when they're setting their rates. 612 00:31:03,720 --> 00:31:03,880 Speaker 5: Right. 613 00:31:05,680 --> 00:31:08,840 Speaker 17: Oh, absolutely, But you've also got to remember that COVID 614 00:31:09,040 --> 00:31:12,560 Speaker 17: was unprecedented. It's not something that we had experienced at 615 00:31:12,600 --> 00:31:16,640 Speaker 17: any recent time. There was a lot of concern and 616 00:31:16,800 --> 00:31:20,040 Speaker 17: so everybody was trying to do what was seen to be. 617 00:31:19,920 --> 00:31:20,640 Speaker 18: Best at the time. 618 00:31:20,680 --> 00:31:23,760 Speaker 17: Now, in hindsight, it's fine to be able to say, well, actually, 619 00:31:23,800 --> 00:31:24,800 Speaker 17: maybe there. 620 00:31:24,640 --> 00:31:27,720 Speaker 18: Are things that we can learn, so yes, potentially there is. 621 00:31:27,680 --> 00:31:30,640 Speaker 17: Some value in there. Although the Reserve Bank has already 622 00:31:30,640 --> 00:31:33,680 Speaker 17: done a review, it's taken some lessons out of there. 623 00:31:34,000 --> 00:31:36,760 Speaker 17: How much more are we going to learn that The 624 00:31:36,800 --> 00:31:38,960 Speaker 17: timing just I'm afraid I'm in. 625 00:31:38,880 --> 00:31:41,200 Speaker 18: The cynical camp. It's an election of the employed. 626 00:31:41,360 --> 00:31:41,600 Speaker 5: Cleared. 627 00:31:41,640 --> 00:31:43,400 Speaker 2: You know, there's so many things I want to argue with, 628 00:31:44,080 --> 00:31:47,480 Speaker 2: argue with you about that you just said, but I 629 00:31:47,520 --> 00:31:50,160 Speaker 2: actually can't be bothered, and I think I think probably 630 00:31:50,200 --> 00:31:53,840 Speaker 2: most people will now so far on fall into the 631 00:31:53,880 --> 00:31:57,160 Speaker 2: same camp. Like you know, we kind of know what happened. 632 00:31:57,200 --> 00:32:00,200 Speaker 2: It's time to move on. But there we go. Clear, 633 00:32:00,240 --> 00:32:02,880 Speaker 2: appreciate your time, this one in Clear Matthew's Associate Professor, 634 00:32:02,960 --> 00:32:05,600 Speaker 2: Massa University Business School. You're on News Talks HEEDB. 635 00:32:06,960 --> 00:32:10,840 Speaker 1: On your radio and online on Iheard Radio early edition 636 00:32:11,160 --> 00:32:15,560 Speaker 1: with Ryan Bridge and one roof Love where you live News. 637 00:32:15,360 --> 00:32:17,960 Speaker 2: Talks d B five away from six. I mentioned yesterday 638 00:32:18,000 --> 00:32:20,440 Speaker 2: they would have some job numbers for US today from America. 639 00:32:20,560 --> 00:32:22,959 Speaker 2: They've been worried about the health of the job market there. 640 00:32:23,000 --> 00:32:25,800 Speaker 2: They've added one hundred and thirty thousand jobs for January 641 00:32:25,840 --> 00:32:28,360 Speaker 2: and that is the strongest growth in more than a year. 642 00:32:28,440 --> 00:32:31,160 Speaker 2: So some of those concerns at least have been are 643 00:32:31,200 --> 00:32:36,040 Speaker 2: partially allayed by that. It's five away from six Bryan Bridge, Mike, 644 00:32:36,120 --> 00:32:39,080 Speaker 2: no doubt you'll be across that this morning and other things. 645 00:32:38,920 --> 00:32:42,440 Speaker 12: Shut down affected. I think those numbers. 646 00:32:42,240 --> 00:32:45,440 Speaker 2: We're still the last ones definitely were but I thought 647 00:32:45,480 --> 00:32:46,120 Speaker 2: we were true that. 648 00:32:46,520 --> 00:32:51,000 Speaker 12: I think we're still shut down affected anyway this inquiry. Yeah, 649 00:32:51,080 --> 00:32:52,200 Speaker 12: think about it this way. 650 00:32:52,480 --> 00:32:57,840 Speaker 19: So all the upset about oh it's political that assumes 651 00:32:57,840 --> 00:33:00,960 Speaker 19: a result, doesn't it, Because it's an ind pendent inquiry. 652 00:33:01,600 --> 00:33:03,080 Speaker 12: So do you know the result that you were? 653 00:33:04,720 --> 00:33:04,960 Speaker 5: Wow? 654 00:33:05,360 --> 00:33:09,240 Speaker 19: And so that's the interesting thing. So if it's truly independent, 655 00:33:09,280 --> 00:33:11,719 Speaker 19: you can't question the integrity of the two people doing it. 656 00:33:11,840 --> 00:33:15,080 Speaker 19: So it's it's open to interpretation. So what we seem 657 00:33:15,320 --> 00:33:19,840 Speaker 19: then to all agree on that it's a gargantuan cock up. 658 00:33:20,280 --> 00:33:23,160 Speaker 2: Of epic proportion. And Chippy knows it. 659 00:33:23,080 --> 00:33:24,000 Speaker 12: And he knows it. 660 00:33:24,280 --> 00:33:27,000 Speaker 19: And if you had that the same way, you're calling 661 00:33:27,120 --> 00:33:30,760 Speaker 19: it a gas tax in election year, you play you 662 00:33:30,880 --> 00:33:31,960 Speaker 19: played every guard you could. 663 00:33:32,040 --> 00:33:33,960 Speaker 2: It is funny, and you think about what would Grant 664 00:33:34,040 --> 00:33:36,080 Speaker 2: Robertson do. He did the exact same thing. Of course 665 00:33:36,560 --> 00:33:37,520 Speaker 2: she was on the other foot. 666 00:33:38,160 --> 00:33:41,280 Speaker 19: Can to be frank, I don't think there's I cannot 667 00:33:41,680 --> 00:33:45,000 Speaker 19: speak of the rage I hold internally over what was 668 00:33:45,000 --> 00:33:46,840 Speaker 19: done to this cantra by these clowns. 669 00:33:46,880 --> 00:33:50,200 Speaker 2: Hey very quickly, literally in ten seconds. You gave me 670 00:33:50,280 --> 00:33:52,760 Speaker 2: stick yesterday for running on a treadmill, and I later 671 00:33:52,880 --> 00:33:55,920 Speaker 2: learned that you sit on a spin bike all afternoon 672 00:33:55,960 --> 00:34:00,000 Speaker 2: very much so you are incredible. 673 00:34:00,440 --> 00:34:03,560 Speaker 12: Well I am. That's what I say to myself every day. 674 00:34:03,680 --> 00:34:05,880 Speaker 19: That's what I do as I clock shake my hand, 675 00:34:05,960 --> 00:34:08,439 Speaker 19: I clock up, I clock up ten k's every day 676 00:34:08,680 --> 00:34:09,280 Speaker 19: at pace. 677 00:34:09,880 --> 00:34:10,080 Speaker 8: Nice. 678 00:34:10,480 --> 00:34:13,399 Speaker 2: All right, have a good show. See tomorrow everyone. 679 00:34:15,600 --> 00:34:18,560 Speaker 1: For more from Early Edition with Ryan Bridge. Listen live 680 00:34:18,719 --> 00:34:21,719 Speaker 1: to News Talks it Be from five am weekdays, or 681 00:34:21,760 --> 00:34:23,680 Speaker 1: follow the podcast on iHeartRadio.