1 00:00:01,200 --> 00:00:05,280 Speaker 1: The issues, the interviews and the insight. Ryan Bridge on 2 00:00:05,320 --> 00:00:09,280 Speaker 1: an Earli edition with ex Pole Insulation, Keeping Kimi homes 3 00:00:09,320 --> 00:00:11,360 Speaker 1: warm and try this winter news talks. 4 00:00:11,400 --> 00:00:12,280 Speaker 2: That'd be good morning. 5 00:00:12,320 --> 00:00:13,680 Speaker 3: It is six a half to five. Great to have 6 00:00:13,760 --> 00:00:16,040 Speaker 3: your company coming up on the program. Before top of 7 00:00:16,079 --> 00:00:18,920 Speaker 3: the hour, we'll look at how there are now more 8 00:00:18,960 --> 00:00:24,040 Speaker 3: calls growing, calls for some actual sanctions against Israel. Yes, 9 00:00:24,079 --> 00:00:26,720 Speaker 3: we've called for a ceasefire. Yes we've renewed our statement 10 00:00:26,760 --> 00:00:30,280 Speaker 3: and strengthened our language, but the calls for sanctions directly 11 00:00:30,320 --> 00:00:33,159 Speaker 3: against Israel are growing. Gavin Gray's in the UK for 12 00:00:33,240 --> 00:00:35,960 Speaker 3: us this morning. There's some French cities are putting young 13 00:00:36,040 --> 00:00:40,160 Speaker 3: people on a curfew because crime and violence is so bad. 14 00:00:40,840 --> 00:00:43,440 Speaker 3: Beef and Lamb New Zealand talk on trade, tariffs and 15 00:00:43,640 --> 00:00:47,440 Speaker 3: sky Free Deal. What it means for us if we're 16 00:00:47,440 --> 00:00:50,560 Speaker 3: in the business of watching television. It's all ahead. 17 00:00:52,360 --> 00:00:54,160 Speaker 2: The agenda Wednesday. 18 00:00:53,840 --> 00:00:57,040 Speaker 3: Twenty third of July, a big push for sanctions against Israel, 19 00:00:57,080 --> 00:01:00,200 Speaker 3: as I said, thirty three people, including twelve children, have 20 00:01:00,280 --> 00:01:02,920 Speaker 3: died from malnutrition in just two days. This is according 21 00:01:03,000 --> 00:01:08,360 Speaker 3: to the Hamas run Health Ministry, and as. 22 00:01:08,240 --> 00:01:12,240 Speaker 4: You are well aware, over the weekend, Israeli military issued 23 00:01:12,280 --> 00:01:17,839 Speaker 4: another displacement order in Darryl Balla, spanning four neighborhoods. Our colleagues, 24 00:01:18,160 --> 00:01:22,000 Speaker 4: our humanitarian affairs colleagues warned that the mass displacement order 25 00:01:22,040 --> 00:01:26,040 Speaker 4: has dealt yet another devastating blow to the already fragile 26 00:01:26,080 --> 00:01:29,360 Speaker 4: lifeline keeping people alive across the Gaza Strip. 27 00:01:29,680 --> 00:01:32,120 Speaker 3: Their Justice department in the US wants a word with 28 00:01:32,200 --> 00:01:35,320 Speaker 3: Glaine Maxwell. They're asking what she knows Trump's calling the 29 00:01:35,319 --> 00:01:37,680 Speaker 3: whole thing and which chine It's order course over Epstein. 30 00:01:38,600 --> 00:01:42,480 Speaker 3: His supporters and Epstein victims are pushing hard to get 31 00:01:42,520 --> 00:01:43,560 Speaker 3: those files released. 32 00:01:43,720 --> 00:01:46,600 Speaker 5: Prove everyone wrong. If you have nothing to hide, then 33 00:01:47,040 --> 00:01:50,559 Speaker 5: please release this information that people are asking for. Please 34 00:01:50,600 --> 00:01:53,320 Speaker 5: make sure that Gilen Maxwell stays behind bars where she 35 00:01:53,920 --> 00:01:54,600 Speaker 5: deserves to be. 36 00:01:55,920 --> 00:01:56,559 Speaker 2: If you were. 37 00:01:56,480 --> 00:01:59,960 Speaker 5: Truly not implicated, then this should not be a problem. 38 00:02:00,080 --> 00:02:02,480 Speaker 3: The fair point, isn't it? And talking to media after 39 00:02:02,520 --> 00:02:06,120 Speaker 3: meeting with the Philippines presidents, Trump slammed, you guessed it, 40 00:02:06,480 --> 00:02:07,280 Speaker 3: Jerome Powell. 41 00:02:07,680 --> 00:02:10,560 Speaker 6: People aren't able to buy a house because this guy 42 00:02:10,680 --> 00:02:12,080 Speaker 6: is a numb skull. 43 00:02:12,160 --> 00:02:15,800 Speaker 5: He keeps the reach too high and probably doing it 44 00:02:15,840 --> 00:02:16,880 Speaker 5: for political reasons. 45 00:02:16,880 --> 00:02:19,000 Speaker 3: The only time I remember him cutting reads. I mean 46 00:02:19,000 --> 00:02:20,480 Speaker 3: he cut the reats. 47 00:02:20,080 --> 00:02:26,080 Speaker 1: Just before the election to try and help Carmela. 48 00:02:24,680 --> 00:02:27,120 Speaker 3: With all of that talk. He says in the interview, 49 00:02:27,240 --> 00:02:29,320 Speaker 3: he's not going to sack them. 50 00:02:29,639 --> 00:02:32,240 Speaker 1: The news you need this morning and the in depth 51 00:02:32,240 --> 00:02:35,840 Speaker 1: analysis earlier this year with Ryan Bridge at ex Pol 52 00:02:35,960 --> 00:02:39,880 Speaker 1: Insulation keeping Kiwi Holmes warm and dry this winter news 53 00:02:39,919 --> 00:02:41,480 Speaker 1: talks a'd be well. 54 00:02:41,560 --> 00:02:44,720 Speaker 3: Unlike Jerome Powell, our Reserve Bank is cutting interest rates 55 00:02:44,760 --> 00:02:47,959 Speaker 3: and there were some interesting numbers out yesterday showing home 56 00:02:48,000 --> 00:02:52,280 Speaker 3: ownership and affordability are actually doing pretty well right now. 57 00:02:53,400 --> 00:02:56,080 Speaker 3: The outside of Auckland and Todunger is the only caveat 58 00:02:56,600 --> 00:02:58,640 Speaker 3: sorry for people who are living in those areas, but 59 00:02:58,760 --> 00:03:03,120 Speaker 3: home ownership now affordable for your typical first home buyer 60 00:03:03,600 --> 00:03:06,680 Speaker 3: in most parts of this country. Now, what do they 61 00:03:06,720 --> 00:03:08,880 Speaker 3: mean by affordable. It's a very good question. This is 62 00:03:08,919 --> 00:03:11,480 Speaker 3: interest dot CO dot MZ that looks at the affordability 63 00:03:11,480 --> 00:03:16,160 Speaker 3: of housing. So basically, home ownership is unaffordable when your 64 00:03:16,200 --> 00:03:19,280 Speaker 3: mortgage payments are forty percent or more for a couple, 65 00:03:19,600 --> 00:03:22,360 Speaker 3: this is your take home pay. If you're spending forty 66 00:03:22,400 --> 00:03:27,160 Speaker 3: percent or more on your mortgage repayments, it's unaffordable and 67 00:03:27,240 --> 00:03:29,440 Speaker 3: the average, Now this is at the lower end of 68 00:03:29,480 --> 00:03:31,800 Speaker 3: the market, so if you're just going for a first 69 00:03:31,800 --> 00:03:34,680 Speaker 3: time that sort of thing, it's the average thirty three 70 00:03:34,720 --> 00:03:38,280 Speaker 3: percent of income on mortgages, which is good. It means 71 00:03:38,680 --> 00:03:41,520 Speaker 3: that because there's a trifecta happening here, right We've got 72 00:03:41,720 --> 00:03:45,360 Speaker 3: lower mortgage interstratets coming down, we've got lower prices because 73 00:03:45,400 --> 00:03:48,640 Speaker 3: the market's subdued, and we've got rising wages and I 74 00:03:48,680 --> 00:03:50,400 Speaker 3: know we keep talking about that and doesn't really feel 75 00:03:50,440 --> 00:03:53,880 Speaker 3: like it, but it is. It's a statistical fact. So 76 00:03:54,800 --> 00:03:56,800 Speaker 3: you've got this sort of trifecta happening, first time in 77 00:03:56,840 --> 00:04:00,280 Speaker 3: a generation that's happened, and home ownership actually in most 78 00:04:00,360 --> 00:04:03,440 Speaker 3: parts of New Zealand pretty good. So there's some good 79 00:04:03,440 --> 00:04:05,880 Speaker 3: news to start your day. And I've got some retailian 80 00:04:05,960 --> 00:04:08,280 Speaker 3: z numbers for you too, which will bring hopefully a 81 00:04:08,280 --> 00:04:10,400 Speaker 3: bit of smile to your a bit of a smile 82 00:04:10,440 --> 00:04:12,840 Speaker 3: to your dial this morning. It's not great in terms 83 00:04:12,880 --> 00:04:15,160 Speaker 3: of where they've been, but at least the outlook is 84 00:04:15,160 --> 00:04:17,640 Speaker 3: starting to improve. We'll have that story for you, and 85 00:04:17,800 --> 00:04:20,960 Speaker 3: next from the spinoff, Don't and Grieve, we'll talk us 86 00:04:21,000 --> 00:04:26,800 Speaker 3: through what the sky three deal means for the Sky business. 87 00:04:26,839 --> 00:04:29,479 Speaker 3: I mean, how many products have they got now? Just 88 00:04:29,560 --> 00:04:32,839 Speaker 3: you know they've got the Sky Sport Go, They've got three, 89 00:04:32,920 --> 00:04:35,240 Speaker 3: They've got three now, they've got a whole bunch of 90 00:04:35,279 --> 00:04:39,320 Speaker 3: fast channels, They've got Sky Open, They've got Sky to run. 91 00:04:39,960 --> 00:04:41,560 Speaker 3: Quite a few things on their plates. So what does 92 00:04:41,560 --> 00:04:42,479 Speaker 3: it mean for their business? 93 00:04:42,560 --> 00:04:47,120 Speaker 1: That's next get ahead of the headlines on early edition 94 00:04:47,320 --> 00:04:51,440 Speaker 1: with Ryan Bridge and ex Fole Insulation keeping Kiwi Holmes 95 00:04:51,480 --> 00:04:54,040 Speaker 1: warm and dry this winter News Talks, that'd. 96 00:04:53,920 --> 00:04:55,919 Speaker 3: Be great to have your company. Just gone thirteen minutes 97 00:04:55,920 --> 00:04:58,160 Speaker 3: half the five here on News Talks dB. So the 98 00:04:58,240 --> 00:05:00,719 Speaker 3: retailians dead report up, this is their core badly. Retail 99 00:05:00,760 --> 00:05:04,360 Speaker 3: New Zealand report showing some optimism is creeping into our 100 00:05:04,400 --> 00:05:07,680 Speaker 3: retail sector. Thank goodness, we had card transactions. We told 101 00:05:07,720 --> 00:05:11,440 Speaker 3: you about this. That was up slightly for June. You know, 102 00:05:11,440 --> 00:05:14,880 Speaker 3: inflation is coming down, the ocr is has come down, 103 00:05:15,040 --> 00:05:18,720 Speaker 3: is now holding steady. Total volume of retail sales was 104 00:05:18,800 --> 00:05:22,240 Speaker 3: up point eight percent compared to the last quarter. So 105 00:05:22,320 --> 00:05:24,720 Speaker 3: those are the numbers. And now Retailing z goes out 106 00:05:24,720 --> 00:05:27,320 Speaker 3: and surveys retailers and here's what they said the past 107 00:05:27,320 --> 00:05:30,360 Speaker 3: three months well, not that great. How did your business 108 00:05:30,400 --> 00:05:34,840 Speaker 3: track against your targets? Ten percent exceeded targets, twenty eight 109 00:05:34,839 --> 00:05:40,680 Speaker 3: percent met targets, sixty two percent did not meet targets. However, 110 00:05:40,880 --> 00:05:43,480 Speaker 3: when you look forward three months, half expect to meet 111 00:05:43,520 --> 00:05:45,760 Speaker 3: their target, so that is an improvement. But here's where 112 00:05:45,760 --> 00:05:49,200 Speaker 3: it gets interesting. How confident are you that your business 113 00:05:49,200 --> 00:05:54,040 Speaker 3: will survive the next twelve months? Nine percent not confident, 114 00:05:54,800 --> 00:05:58,960 Speaker 3: sixty nine percent confident, and twenty two percent neutral. Now 115 00:05:59,080 --> 00:06:01,800 Speaker 3: the interesting part about this is your sixty nine percent 116 00:06:01,960 --> 00:06:05,200 Speaker 3: confident is a great number because it compares with a 117 00:06:05,360 --> 00:06:09,400 Speaker 3: fifty seven percent confidence a year prior, so that's up 118 00:06:09,440 --> 00:06:13,120 Speaker 3: over ten percentage points. It is fourteen minutes after five 119 00:06:13,440 --> 00:06:16,280 Speaker 3: Brian Bridge, the News for New Zealand Media. Sky TV 120 00:06:16,480 --> 00:06:19,520 Speaker 3: is buying three for a buck from Warner Brothers Discovery 121 00:06:19,640 --> 00:06:22,280 Speaker 3: and it will take on none of its debt investors. 122 00:06:22,320 --> 00:06:25,400 Speaker 3: We're loving it. Yesterday's shares and Sky ended up up 123 00:06:25,480 --> 00:06:28,159 Speaker 3: five percent more than three bucks. Dunk and Greeves spinoff 124 00:06:28,240 --> 00:06:32,719 Speaker 3: founder and media commentator with me this morning. Hey Duncan morning, Ryan. 125 00:06:32,920 --> 00:06:35,640 Speaker 3: Good to have you on the show. So what is 126 00:06:35,680 --> 00:06:38,360 Speaker 3: this a good smart business decision from Sky? 127 00:06:39,880 --> 00:06:42,840 Speaker 7: I think anytime you can buy a business that's got 128 00:06:42,839 --> 00:06:46,520 Speaker 7: one hundred million dollars in revenue for a dollar, if 129 00:06:46,560 --> 00:06:49,159 Speaker 7: you want to take a hard look at it, it 130 00:06:49,200 --> 00:06:51,840 Speaker 7: obviously says something about the nature of the sector that 131 00:06:52,120 --> 00:06:54,880 Speaker 7: it goes for that price. But you know that there's 132 00:06:54,920 --> 00:06:58,520 Speaker 7: a reason why analysts were very hot on this after 133 00:06:58,600 --> 00:07:01,520 Speaker 7: been quite cool on the Media Works acquisition a few 134 00:07:01,560 --> 00:07:03,839 Speaker 7: years ago for Sky. So yeah, great deal for Sky. 135 00:07:03,880 --> 00:07:06,000 Speaker 3: I think it leads them more. And you point this 136 00:07:06,040 --> 00:07:08,000 Speaker 3: out in your column. With a lot of things, a 137 00:07:08,000 --> 00:07:09,560 Speaker 3: lot of fingers and a lot of pies, a lot 138 00:07:09,600 --> 00:07:12,120 Speaker 3: of apps to run, you know, a lot of linear 139 00:07:12,160 --> 00:07:14,800 Speaker 3: TV channels to run, do they need them or will 140 00:07:14,840 --> 00:07:17,239 Speaker 3: they need them more or will they rationalize? 141 00:07:18,120 --> 00:07:20,600 Speaker 7: Yeah, I think that's been a persistent issue for Sky, 142 00:07:20,760 --> 00:07:25,480 Speaker 7: dating back to probably the John Phillett era CEO when 143 00:07:25,520 --> 00:07:29,480 Speaker 7: they tried to merge. If you remember with Vodaphone that 144 00:07:29,640 --> 00:07:32,960 Speaker 7: they've got a lot of different pieces of technology, and 145 00:07:33,000 --> 00:07:37,600 Speaker 7: if you look at the pre eminent modern sort of 146 00:07:37,720 --> 00:07:40,480 Speaker 7: TV media company, it's Netflix, which is just a single 147 00:07:40,520 --> 00:07:45,000 Speaker 7: property so that you can get on any device anywhere 148 00:07:45,040 --> 00:07:49,400 Speaker 7: in the world. Sky much smaller company, a much more 149 00:07:50,360 --> 00:07:52,800 Speaker 7: market and has a lot of different things going on. 150 00:07:52,920 --> 00:07:55,720 Speaker 7: So I think they're at a great scale now that 151 00:07:55,800 --> 00:07:59,080 Speaker 7: certainly if they can rationalize that, not necessarily the brands, 152 00:07:59,080 --> 00:08:01,080 Speaker 7: I think that you can with that, but certainly a 153 00:08:01,160 --> 00:08:04,280 Speaker 7: number of different technology platforms and how I talk to 154 00:08:04,320 --> 00:08:06,680 Speaker 7: each other, that will be a sorder of business to me. 155 00:08:06,880 --> 00:08:10,800 Speaker 3: At the back end. What about their projections, their growth projections. 156 00:08:10,960 --> 00:08:13,040 Speaker 3: I mean, given what you know about the state of 157 00:08:13,160 --> 00:08:16,760 Speaker 3: running media companies in New Zealand right now, especially ones 158 00:08:16,800 --> 00:08:20,560 Speaker 3: that are relying on advertising, that projection of earnings growth 159 00:08:20,600 --> 00:08:23,760 Speaker 3: of at least ten million a year by twenty eight 160 00:08:23,880 --> 00:08:27,280 Speaker 3: I think it was, you know, these things realistic. 161 00:08:28,120 --> 00:08:28,640 Speaker 7: I think so. 162 00:08:28,840 --> 00:08:32,920 Speaker 8: I mean skuy ultimately is buys a lot of content 163 00:08:33,040 --> 00:08:37,800 Speaker 8: on one side, from sports to entertainment to some international news, 164 00:08:38,400 --> 00:08:41,439 Speaker 8: and then try to sell it a bunch of different ways. 165 00:08:41,679 --> 00:08:44,680 Speaker 7: Some of that they had supported. Some of it, you know, 166 00:08:44,720 --> 00:08:48,080 Speaker 7: a lot of it are subscription revenue. But what they've 167 00:08:48,080 --> 00:08:50,800 Speaker 7: done now is really build that they had supported side 168 00:08:50,840 --> 00:08:53,200 Speaker 7: of the business, but a stake in over time, just 169 00:08:56,160 --> 00:08:58,040 Speaker 7: take the content that they already have and put it 170 00:08:58,080 --> 00:09:01,040 Speaker 7: in a bunch of different places. And that's what three 171 00:09:01,120 --> 00:09:05,960 Speaker 7: and three now offer them far bigger scale of free 172 00:09:06,000 --> 00:09:09,600 Speaker 7: to accessible content, and they've had four. They've actually done 173 00:09:09,640 --> 00:09:12,679 Speaker 7: well in advertising sky and in a market that's been 174 00:09:12,880 --> 00:09:15,560 Speaker 7: pretty terrible for a lot of the local media. So 175 00:09:16,320 --> 00:09:19,520 Speaker 7: you know, it really does look like a very there's 176 00:09:19,559 --> 00:09:22,840 Speaker 7: a basket and here which a great discus and also 177 00:09:22,920 --> 00:09:25,240 Speaker 7: great for three, which has had, as you will know, 178 00:09:25,400 --> 00:09:28,560 Speaker 7: reluctant owners for a long period of time. 179 00:09:28,640 --> 00:09:33,240 Speaker 3: Now, yeah, reluctance the nice word. I think duncan thank you. 180 00:09:33,600 --> 00:09:36,400 Speaker 3: Dank and Grieve spin off founder and media commentator on 181 00:09:36,480 --> 00:09:38,719 Speaker 3: the Sky three deal. It is seventeen minutes after five. 182 00:09:38,800 --> 00:09:41,000 Speaker 3: Y're on News Talk ce B coming up next. So 183 00:09:41,040 --> 00:09:43,320 Speaker 3: you've got your tariffs. In terms of trade barriers, you've 184 00:09:43,320 --> 00:09:44,959 Speaker 3: got your tariffs and we talk about those a lot, 185 00:09:45,000 --> 00:09:47,480 Speaker 3: but they are a whole bunch that we don't talk 186 00:09:47,520 --> 00:09:50,480 Speaker 3: about but beef and lamma. And they say, if we 187 00:09:50,600 --> 00:09:53,240 Speaker 3: got rid of them, managed to eliminate them, we'd be 188 00:09:53,280 --> 00:09:56,040 Speaker 3: about one and a half billion bucks a year better off. 189 00:09:56,600 --> 00:10:00,800 Speaker 1: On your radio and online. On iheard Radio edition with 190 00:10:01,040 --> 00:10:05,080 Speaker 1: Ryan Bridge and x Full Insulation keeping Kiwi Holmes warm 191 00:10:05,160 --> 00:10:07,320 Speaker 1: and dry. This winter News Talks EDB. 192 00:10:08,240 --> 00:10:10,560 Speaker 3: News Talks EDB has just gone five twenty high. Ryan 193 00:10:10,640 --> 00:10:13,120 Speaker 3: Humus just needs to release the hostages, then there will 194 00:10:13,160 --> 00:10:15,679 Speaker 3: be peace. Why is no one putting it? 195 00:10:15,760 --> 00:10:15,840 Speaker 7: This? 196 00:10:15,920 --> 00:10:19,160 Speaker 3: Simply says Andy. Well, it's not a simple situlation situation, 197 00:10:19,280 --> 00:10:21,720 Speaker 3: but I mean, yes, that would certainly help, wouldn't it. 198 00:10:22,080 --> 00:10:24,040 Speaker 3: You'd have to say, I'm just gone five twenty. We'll 199 00:10:24,040 --> 00:10:28,000 Speaker 3: talk about that just before six this morning. Rich General 200 00:10:28,000 --> 00:10:30,520 Speaker 3: Motors has their results out for quarter two, which make 201 00:10:30,600 --> 00:10:32,640 Speaker 3: for interesting reading. We'll get to that in just a second. 202 00:10:33,240 --> 00:10:36,880 Speaker 3: Major hurdles to free trader holding back our red meat exports. 203 00:10:36,880 --> 00:10:39,160 Speaker 3: This is according to Beef and Lamb and also the 204 00:10:39,200 --> 00:10:42,240 Speaker 3: Meat Industry Association. New report from MBI and Beef and 205 00:10:42,320 --> 00:10:46,480 Speaker 3: Lamb estimates non tariff trade barriers are costing US more 206 00:10:46,480 --> 00:10:48,840 Speaker 3: than a billion bucks a year. Kate Acklin from Beef 207 00:10:48,840 --> 00:10:52,600 Speaker 3: and Lamb with me. Now, Hey, Kate, morning, Ryan, good morning. 208 00:10:52,760 --> 00:10:55,360 Speaker 3: So what we when you say non tariff trade barriers? 209 00:10:55,360 --> 00:10:57,720 Speaker 3: What are you talking about specifically and which countries? 210 00:10:58,720 --> 00:11:02,040 Speaker 9: Well, so, non tariff barriers are things like inspections or 211 00:11:02,120 --> 00:11:07,439 Speaker 9: environmental requirements or paperwork requirements. And sometimes those measures they 212 00:11:07,480 --> 00:11:09,800 Speaker 9: serve a really important purpose. They're actual that food is 213 00:11:09,840 --> 00:11:13,520 Speaker 9: safe to eat. But when they're not science based or transparent, 214 00:11:13,640 --> 00:11:16,280 Speaker 9: then actually they are just a barrier and a cost 215 00:11:16,679 --> 00:11:19,439 Speaker 9: to trade, and you know that adds uncertainty, it adds 216 00:11:19,480 --> 00:11:22,640 Speaker 9: cost for both farmers and exporters. So you know, this 217 00:11:22,760 --> 00:11:26,560 Speaker 9: report highlights one point five billion dollars a year is 218 00:11:26,600 --> 00:11:30,040 Speaker 9: what those non tariff barriers are costing. 219 00:11:29,920 --> 00:11:33,160 Speaker 3: Our sector and what are you which countries? 220 00:11:34,880 --> 00:11:37,679 Speaker 9: So it's really broadly spread. Actually there's no sort of 221 00:11:37,760 --> 00:11:40,400 Speaker 9: one particular one that sticks out, and I think the 222 00:11:40,400 --> 00:11:42,920 Speaker 9: whole purpose of this report is just to highlight those 223 00:11:42,960 --> 00:11:44,280 Speaker 9: areas that can be worked on. 224 00:11:44,480 --> 00:11:47,679 Speaker 3: Are they using them because if if they're really broaden, 225 00:11:47,720 --> 00:11:50,040 Speaker 3: everyone does it. I mean, are they using them on 226 00:11:50,160 --> 00:11:54,560 Speaker 3: purpose to try and restrict trade when they can't do tariffs? 227 00:11:54,600 --> 00:11:55,640 Speaker 3: Is that what you're saying? 228 00:11:57,400 --> 00:12:00,880 Speaker 9: There is absolutely an aspect of that. So you know 229 00:12:00,920 --> 00:12:03,920 Speaker 9: what this report, this reports entitled barriers to trade, So 230 00:12:03,960 --> 00:12:06,200 Speaker 9: it looks at that both the tariffs and the non 231 00:12:06,280 --> 00:12:08,920 Speaker 9: tariff barriers that we're facing. And you know, a ten 232 00:12:08,960 --> 00:12:11,400 Speaker 9: point four billion dollar sector is what the red meat 233 00:12:11,400 --> 00:12:13,640 Speaker 9: industry is worth, So you know one point five billion 234 00:12:13,760 --> 00:12:14,559 Speaker 9: is significant. 235 00:12:15,520 --> 00:12:18,160 Speaker 3: Yeah, no, no doubt, it's significant. How hard will it 236 00:12:18,200 --> 00:12:20,360 Speaker 3: be to try and get you know, all these disparate 237 00:12:20,360 --> 00:12:24,920 Speaker 3: different countries with a myriad different regulations around inspections, et cetera. 238 00:12:25,280 --> 00:12:26,760 Speaker 3: How hard is it to try and get them all 239 00:12:26,800 --> 00:12:29,920 Speaker 3: to change? There is based on what probably is a 240 00:12:29,920 --> 00:12:34,000 Speaker 3: subjective view, is it not. You know, we might think 241 00:12:34,040 --> 00:12:36,800 Speaker 3: that their inspections are over zealous, but they, on the 242 00:12:36,840 --> 00:12:38,920 Speaker 3: other hand, might think that they're just fine. And we 243 00:12:39,000 --> 00:12:42,000 Speaker 3: have quite strict you know, environmental and biosecurity standards in 244 00:12:42,000 --> 00:12:42,760 Speaker 3: New Zealand too. 245 00:12:43,960 --> 00:12:46,280 Speaker 9: Look, we absolutely do, and you know we work very 246 00:12:46,280 --> 00:12:49,240 Speaker 9: closely with the Ministry for Primary Industries and Ministry for 247 00:12:49,240 --> 00:12:52,240 Speaker 9: Foreign Affairs in trade and just to make sure that 248 00:12:52,320 --> 00:12:55,079 Speaker 9: any of those requirements that we're facing going into those 249 00:12:55,120 --> 00:12:58,240 Speaker 9: countries are science based. And you know, this report actually 250 00:12:58,320 --> 00:13:01,079 Speaker 9: is quite helpful for them to identify where those hot 251 00:13:01,120 --> 00:13:04,280 Speaker 9: spots are. And I think I heard yesterday that the 252 00:13:04,320 --> 00:13:06,520 Speaker 9: Ministry of Foreign Afairs and Traders working on one hundred 253 00:13:06,520 --> 00:13:09,760 Speaker 9: and ninety four different non tariff barriers across the world 254 00:13:09,760 --> 00:13:12,080 Speaker 9: that our sector faces. So you know, it is a 255 00:13:12,080 --> 00:13:13,800 Speaker 9: big issue and the shighlights it. 256 00:13:14,280 --> 00:13:16,880 Speaker 3: She's a big job. Kate, appreciate that, Thank you very much. Kate, 257 00:13:16,920 --> 00:13:19,440 Speaker 3: Acklan Beef and Lamb New Zealand share with me this morning, 258 00:13:19,720 --> 00:13:22,559 Speaker 3: by the way, that report. It's quite interesting just looking 259 00:13:22,559 --> 00:13:25,000 Speaker 3: at the tariffs that we do have so far, so 260 00:13:25,080 --> 00:13:30,400 Speaker 3: the ten percent tariff under the new US administration, and 261 00:13:30,440 --> 00:13:33,280 Speaker 3: we'll see total tariffs faced by the sector more than 262 00:13:33,360 --> 00:13:36,280 Speaker 3: double from one hundred and fifty five million to more 263 00:13:36,320 --> 00:13:39,480 Speaker 3: than three hundred almost three hundred and seventy million dollars. 264 00:13:39,880 --> 00:13:44,880 Speaker 3: That's just after the ten percent tariff, which I suppose 265 00:13:44,960 --> 00:13:46,520 Speaker 3: goes some way to showing you how low they were 266 00:13:46,559 --> 00:13:48,440 Speaker 3: to begin with. Twenty three minutes after five here on 267 00:13:48,480 --> 00:13:52,119 Speaker 3: news Talk, sa'd b are coming up. Change to ACC's accounting, 268 00:13:52,840 --> 00:13:55,520 Speaker 3: which you would think it's a bit like New Plymouth. 269 00:13:55,559 --> 00:13:58,360 Speaker 3: You know, New Plmouth stuffed up the rates, and I 270 00:13:58,400 --> 00:14:01,320 Speaker 3: was pleased to see this. Yesterday they came out and 271 00:14:01,360 --> 00:14:05,160 Speaker 3: said no, no, you're not going to be They stuffed 272 00:14:05,200 --> 00:14:06,840 Speaker 3: up the rates and residents were going to have to 273 00:14:06,840 --> 00:14:08,520 Speaker 3: pay on average I think it was next one hundred 274 00:14:08,520 --> 00:14:11,440 Speaker 3: bucks a year because there was an accounting eerror and 275 00:14:11,520 --> 00:14:14,880 Speaker 3: they had a meeting and the residents said, no, you 276 00:14:15,000 --> 00:14:17,679 Speaker 3: go and find another three million dollars in savings and 277 00:14:17,920 --> 00:14:21,640 Speaker 3: I will pocket that one hundred dollars thank you. You 278 00:14:21,680 --> 00:14:23,720 Speaker 3: will not take that from me. I was pleased to 279 00:14:23,720 --> 00:14:26,080 Speaker 3: see that they had done that. You would think a 280 00:14:26,120 --> 00:14:28,840 Speaker 3: similar thing would happen with the acc accounting changes that 281 00:14:28,880 --> 00:14:31,920 Speaker 3: they have announced, but nay, we'll get to that shortly. 282 00:14:31,960 --> 00:14:33,440 Speaker 3: It's twenty four after five. 283 00:14:33,520 --> 00:14:38,360 Speaker 1: The early edition full show podcast on iHeartRadio how Advy News. 284 00:14:38,160 --> 00:14:43,080 Speaker 3: TALKSB News TALKSB twenty six minutes after five. This business 285 00:14:43,080 --> 00:14:45,720 Speaker 3: with the supermarkets and they're pricing Consumer New Zealand in 286 00:14:45,720 --> 00:14:47,680 Speaker 3: case you didn't catch it yesterday came out with a 287 00:14:47,880 --> 00:14:52,360 Speaker 3: petition which we should all sign, apparently, and they want change. 288 00:14:52,440 --> 00:14:55,680 Speaker 3: They want to stop prices being incorrectly labeled. So when 289 00:14:55,720 --> 00:14:57,560 Speaker 3: you go to the checkout and you scan your receipts 290 00:14:57,560 --> 00:14:59,800 Speaker 3: and something's different to what you expected, something is different 291 00:14:59,800 --> 00:15:02,600 Speaker 3: to what was on the shelf, then under their plan, 292 00:15:02,760 --> 00:15:05,920 Speaker 3: you would get a refund on the product and you 293 00:15:05,960 --> 00:15:08,720 Speaker 3: would get to take the product home for free. The 294 00:15:08,840 --> 00:15:11,520 Speaker 3: idea is that if you make the punishment more than 295 00:15:11,600 --> 00:15:14,320 Speaker 3: fit the crime, then they'll stop doing it, which I get. 296 00:15:15,000 --> 00:15:18,280 Speaker 3: But the supermarkets reckon and consumer en Zed calls the spin, 297 00:15:18,440 --> 00:15:20,960 Speaker 3: but they reckon that there's just too many products and 298 00:15:21,000 --> 00:15:26,880 Speaker 3: they honestly make mistakes more often than not. It's out 299 00:15:26,880 --> 00:15:29,320 Speaker 3: by literally a few cents you know, so like five 300 00:15:29,440 --> 00:15:32,240 Speaker 3: ninety nine instead of five ninety five. The key question 301 00:15:32,360 --> 00:15:34,800 Speaker 3: here is whether we think the supermarkets are doing this 302 00:15:34,920 --> 00:15:39,760 Speaker 3: on purpose or whether they're just large organizations that occasionally 303 00:15:39,800 --> 00:15:43,000 Speaker 3: get small things wrong and correct the errors when they're 304 00:15:43,000 --> 00:15:46,360 Speaker 3: spotted and give refunds where necessary and where people have 305 00:15:46,440 --> 00:15:50,280 Speaker 3: asked for them. If we're saying they are deliberately doing this, 306 00:15:50,480 --> 00:15:53,520 Speaker 3: that's a whole other thing. And I'm not saying that 307 00:15:53,560 --> 00:15:56,840 Speaker 3: supermarkets should be given a hall pass here. But if 308 00:15:56,840 --> 00:16:00,240 Speaker 3: we're talking about a few million dollars a year, which 309 00:16:00,280 --> 00:16:02,360 Speaker 3: is what they think it adds up to spread over 310 00:16:02,400 --> 00:16:07,120 Speaker 3: a population of five million people, plus the free products 311 00:16:07,120 --> 00:16:09,400 Speaker 3: and the cost of those, on top of refunds that 312 00:16:09,440 --> 00:16:12,720 Speaker 3: they would have to pay for, and the staff hours 313 00:16:12,760 --> 00:16:14,840 Speaker 3: of going around and checking all the prices. Again, you've 314 00:16:14,840 --> 00:16:17,720 Speaker 3: got to ask yourself if the potential payoff is worth 315 00:16:17,760 --> 00:16:21,760 Speaker 3: the cost of pushing a policy like that. One Ryan Bred, 316 00:16:21,880 --> 00:16:24,280 Speaker 3: twenty eight minutes after five year on Newstalok said, be 317 00:16:24,800 --> 00:16:27,320 Speaker 3: we'll get to Garza just before six o'clock this morning. 318 00:16:27,760 --> 00:16:31,320 Speaker 3: Right now, General Motors earnings out overnight, so profit has 319 00:16:31,600 --> 00:16:34,200 Speaker 3: shrink they've taken. This is second quarter results for them, 320 00:16:34,200 --> 00:16:37,360 Speaker 3: they've taken a one point one billion dollar hit to 321 00:16:37,440 --> 00:16:41,880 Speaker 3: their bottom line from tariffs. Net income down thirty five 322 00:16:41,920 --> 00:16:44,840 Speaker 3: percent for the second quarter and it will get worse 323 00:16:44,840 --> 00:16:48,520 Speaker 3: for quarter three. They reckon they held prices steady and 324 00:16:48,800 --> 00:16:51,840 Speaker 3: basically just absorbed, soaked up all of the tariff costs. 325 00:16:51,840 --> 00:16:53,320 Speaker 3: So that's why it's set their bottom line to the 326 00:16:53,360 --> 00:16:56,000 Speaker 3: tune of one point one billion dollars. They say they 327 00:16:56,040 --> 00:16:58,760 Speaker 3: need trade deals to get out of this. Mexico, Canada, 328 00:16:58,800 --> 00:17:02,400 Speaker 3: South Korea, everywhere they get their parts net and come down. 329 00:17:03,120 --> 00:17:07,199 Speaker 3: And they expect once the full terifs take effect, it 330 00:17:07,280 --> 00:17:10,440 Speaker 3: could be a third of their profit that's wiped out. 331 00:17:10,520 --> 00:17:12,479 Speaker 3: And this is General Motives. This is the company, one 332 00:17:12,520 --> 00:17:15,240 Speaker 3: of the companies presumably Trump was wanting to revive and 333 00:17:15,280 --> 00:17:19,240 Speaker 3: bring back and production in America and huh. Anyway, not 334 00:17:19,400 --> 00:17:21,639 Speaker 3: great result for them and the future not looking too 335 00:17:21,680 --> 00:17:25,000 Speaker 3: bright either. It is twenty nine minutes after five News Talk, 336 00:17:25,080 --> 00:17:28,080 Speaker 3: said b as I said, our reporters next will get 337 00:17:28,119 --> 00:17:31,480 Speaker 3: to Gavin Gray in the UK and Gaza before. 338 00:17:31,280 --> 00:17:46,199 Speaker 2: Six News and Views. 339 00:17:46,320 --> 00:17:49,560 Speaker 1: You trust to start your day. It's early edition with 340 00:17:49,800 --> 00:17:54,399 Speaker 1: Ryan Bridge at expol Insulation keeping Kiwi Holmes warm and dry. 341 00:17:54,480 --> 00:17:58,200 Speaker 1: This winter, News Talk said b s don't coming. 342 00:18:05,560 --> 00:18:07,640 Speaker 3: Good morning. It is twenty four away from six year 343 00:18:07,680 --> 00:18:10,520 Speaker 3: on news Talk ZB Ed Sharon is coming to New Zealand. 344 00:18:10,600 --> 00:18:13,959 Speaker 3: He's got an all new loop tour. It's January, February 345 00:18:14,000 --> 00:18:17,200 Speaker 3: and March of next year, a great summer run right 346 00:18:17,200 --> 00:18:20,960 Speaker 3: across the country. And interestingly he is going to you Wellington. 347 00:18:21,119 --> 00:18:24,800 Speaker 3: So before Max comes here and bags Wellington again this morning, 348 00:18:25,119 --> 00:18:27,960 Speaker 3: let's just celebrate the fact that Sky's Stadium will host 349 00:18:28,000 --> 00:18:30,359 Speaker 3: one of his gigs. Mout smart you'll get one to 350 00:18:31,160 --> 00:18:35,080 Speaker 3: a brand new album from him coming September, and according 351 00:18:35,119 --> 00:18:39,119 Speaker 3: to the press release from his promoters, a renewed creative spirit. 352 00:18:39,600 --> 00:18:42,800 Speaker 3: Looking forward to seeing Ed Sharon in the country very quickly. 353 00:18:42,880 --> 00:18:45,560 Speaker 3: On supermarket prices, your text messages have been coming in 354 00:18:45,600 --> 00:18:48,280 Speaker 3: thick and fast on this right. I noticed that supermarkets 355 00:18:48,359 --> 00:18:52,359 Speaker 3: place more expensive items above the wrong label. So you 356 00:18:52,400 --> 00:18:55,000 Speaker 3: think you're getting a five hundred gram jar of natala 357 00:18:55,040 --> 00:18:57,000 Speaker 3: for the price of the two hundred and fifty grand jar. 358 00:18:57,960 --> 00:18:59,520 Speaker 3: You do have to be a little bit careful and 359 00:18:59,600 --> 00:19:04,000 Speaker 3: read closely. Sometimes. I also have not quite figured out 360 00:19:04,000 --> 00:19:05,600 Speaker 3: and I don't know if it's a uniform thing or not, 361 00:19:05,680 --> 00:19:09,639 Speaker 3: but whether the price is above the product or below 362 00:19:09,680 --> 00:19:13,119 Speaker 3: the product. Just haven't quite figured that out yet, and 363 00:19:13,240 --> 00:19:15,919 Speaker 3: I always have to check. And maybe they do that 364 00:19:15,960 --> 00:19:18,840 Speaker 3: deliberately because they're all a holes, you know that they're 365 00:19:18,840 --> 00:19:21,600 Speaker 3: trying to screw us, so they mix it up. And 366 00:19:21,640 --> 00:19:23,159 Speaker 3: whether you go to pack and stay or then you 367 00:19:23,200 --> 00:19:25,000 Speaker 3: go to countdown or then you go to New World, 368 00:19:25,040 --> 00:19:30,119 Speaker 3: that it's all different because they are evil, you know, 369 00:19:30,240 --> 00:19:34,920 Speaker 3: imperialist prats and they are just constantly trying to screw 370 00:19:35,000 --> 00:19:38,920 Speaker 3: us down. Twenty two or are we paranoid? Twenty two 371 00:19:38,960 --> 00:19:42,399 Speaker 3: to six are reporters around the country. Callum and de 372 00:19:42,560 --> 00:19:45,679 Speaker 3: Eden Hay Callum, good morning, right, Jills Raddis has got 373 00:19:45,680 --> 00:19:47,320 Speaker 3: a plan. He wants a second term and he's a 374 00:19:47,320 --> 00:19:48,000 Speaker 3: man with a plan. 375 00:19:49,200 --> 00:19:49,760 Speaker 2: Yeah, that's right. 376 00:19:49,800 --> 00:19:52,200 Speaker 10: He's officially confirmed he's so going to seek re election 377 00:19:52,320 --> 00:19:56,800 Speaker 10: in this year's October election. Jills Raddicks says he's getting 378 00:19:56,840 --> 00:19:59,880 Speaker 10: the new hospital up and running remains a priority for him, 379 00:20:00,080 --> 00:20:03,359 Speaker 10: be a part of followed by other infrastructure around the city. 380 00:20:03,400 --> 00:20:06,040 Speaker 10: He says projects are not done and there are plans 381 00:20:06,040 --> 00:20:08,240 Speaker 10: and funding in place, so he wants to see it through. 382 00:20:08,880 --> 00:20:13,119 Speaker 10: City councilors. Carmen Hulahans, Sophie Barker, Lee Vandervis, and Mandy 383 00:20:13,240 --> 00:20:18,200 Speaker 10: Mayhem challenging Raddick for the job. Other meror hopeful sere 384 00:20:18,240 --> 00:20:21,000 Speaker 10: at the stage businessman in Moscule's Hidi community bought chair 385 00:20:21,040 --> 00:20:24,360 Speaker 10: and Andrew Simms and also Green Party nominee Mickey Treadwell. 386 00:20:24,920 --> 00:20:26,080 Speaker 3: Excellent. How's your weather? 387 00:20:26,920 --> 00:20:29,400 Speaker 10: It's another freezer this morning minus five at the airport 388 00:20:29,720 --> 00:20:33,720 Speaker 10: with severe frosts and morning fog. Otherwise fine light wins 389 00:20:33,720 --> 00:20:34,680 Speaker 10: the heights of the eleven. 390 00:20:34,720 --> 00:20:37,679 Speaker 3: All right, thanks Caleen and clear than christ this morning, Claire, 391 00:20:38,119 --> 00:20:40,800 Speaker 3: good morning. This okay, brag time from you. You've got 392 00:20:40,840 --> 00:20:43,400 Speaker 3: your sports center, you've got your stadium coming. Now there's 393 00:20:43,400 --> 00:20:44,399 Speaker 3: a new play area. 394 00:20:44,840 --> 00:20:46,520 Speaker 11: Yeah, this is going to be a big play area 395 00:20:46,560 --> 00:20:49,399 Speaker 11: too at the old site of the Q two pols. 396 00:20:49,400 --> 00:20:52,080 Speaker 11: So the new pools have been built and nearby is 397 00:20:52,119 --> 00:20:54,960 Speaker 11: the new Shirley Boys and Avonside Girls High School campus. 398 00:20:55,200 --> 00:20:57,800 Speaker 11: Now we've got news that this new play space is coming. 399 00:20:57,800 --> 00:21:00,320 Speaker 11: This is a project that we'll have play equipment for kids, 400 00:21:00,359 --> 00:21:03,240 Speaker 11: picnic tables, there'll be some really cool little I guess 401 00:21:03,840 --> 00:21:07,320 Speaker 11: nods to the park's history, specifically around its sporting history. 402 00:21:07,359 --> 00:21:10,920 Speaker 11: So there'll be some horse themed rockers as well. Coastal 403 00:21:11,119 --> 00:21:14,040 Speaker 11: Ward Community board member Alex Hewison has been a part 404 00:21:14,080 --> 00:21:15,879 Speaker 11: of this. He tells us that it's been in the 405 00:21:15,880 --> 00:21:19,199 Speaker 11: pipeline since twenty sixteen. He says it's simple that the 406 00:21:19,240 --> 00:21:22,239 Speaker 11: community in East christ Church has waited too long for it, 407 00:21:22,520 --> 00:21:24,280 Speaker 11: but there is hope this will be open by the 408 00:21:24,400 --> 00:21:27,280 Speaker 11: end of summer. He says, there'll be some really nice nods, 409 00:21:27,280 --> 00:21:30,919 Speaker 11: as I say, to the previous history of the of 410 00:21:30,960 --> 00:21:33,639 Speaker 11: the Q two complex there, including the Commonwealth Games. So 411 00:21:33,680 --> 00:21:36,320 Speaker 11: there'll be like a four square that's themed around the 412 00:21:36,320 --> 00:21:37,560 Speaker 11: comm Games for example. 413 00:21:38,440 --> 00:21:40,080 Speaker 3: Oh that's cool. How's the weather. 414 00:21:40,600 --> 00:21:43,159 Speaker 11: Cold here as well? Frosty sitting at minus three at 415 00:21:43,200 --> 00:21:45,560 Speaker 11: the moment, should clear too, mainly fine though with a 416 00:21:45,560 --> 00:21:48,000 Speaker 11: bit of cloud building the high will be ten degrees. 417 00:21:48,440 --> 00:21:51,320 Speaker 3: Thank you, Max's and Wellington Max, good morning. You've got 418 00:21:51,680 --> 00:21:54,120 Speaker 3: what you're bringing us the news of the Wellington show 419 00:21:54,119 --> 00:21:56,199 Speaker 3: for Ed Shearon, Yes, how dare you? 420 00:21:58,359 --> 00:22:02,120 Speaker 12: This is some good positive news for the city. We've 421 00:22:02,119 --> 00:22:04,679 Speaker 12: been running stories for some time now about how music 422 00:22:04,760 --> 00:22:08,520 Speaker 12: acts skip the capital. As you said, Lewis Capaldi, Lord, 423 00:22:08,560 --> 00:22:11,600 Speaker 12: they're just doing Auckland and christ Church homegrown. The Festival, 424 00:22:11,600 --> 00:22:15,040 Speaker 12: the annual music event that's leaving as well. Getting Ed 425 00:22:15,080 --> 00:22:16,880 Speaker 12: Sheeran to come to Wellington feels like a weight off 426 00:22:16,880 --> 00:22:20,440 Speaker 12: the shoulders January twenty one. He's performing here at sky 427 00:22:20,520 --> 00:22:24,119 Speaker 12: Stadium last lee. We did have the Foo Fighters last 428 00:22:24,200 --> 00:22:27,280 Speaker 12: year and before that well Ed Sheeran himself in twenty 429 00:22:27,359 --> 00:22:30,080 Speaker 12: twenty three he got almost fifty thousand people to sky 430 00:22:30,160 --> 00:22:33,399 Speaker 12: Stadium himself. Tickets go on sale next week. There is 431 00:22:33,480 --> 00:22:36,720 Speaker 12: still the overarching question though, of us having or not 432 00:22:36,840 --> 00:22:40,000 Speaker 12: having that sort of mid sized venue to rival other cities, 433 00:22:40,000 --> 00:22:43,439 Speaker 12: to rival Spark or Wolfbrook of eight to twelve to 434 00:22:43,480 --> 00:22:46,480 Speaker 12: fifteen thousand ish when the acts don't want to fill 435 00:22:46,560 --> 00:22:49,480 Speaker 12: up a stadium. We had Brewtown actually in Upper Hutt 436 00:22:49,560 --> 00:22:52,280 Speaker 12: yesterday talking to us about its outdoor site. They want 437 00:22:52,280 --> 00:22:55,560 Speaker 12: to host more music. Wellingtonian shouldn't have to fly to 438 00:22:55,560 --> 00:22:58,320 Speaker 12: Auckland or christ Church when their favorites fly this way. 439 00:22:58,520 --> 00:23:01,639 Speaker 3: Yeah, the Bruckhouse places quite It's quite a good venue. 440 00:23:01,760 --> 00:23:03,840 Speaker 3: I've had friends and family that have gone there for 441 00:23:03,880 --> 00:23:05,879 Speaker 3: concerts and said they had a great time, including a 442 00:23:05,920 --> 00:23:08,560 Speaker 3: New Year's one. That's enough. That's an apper heart, isn't it. 443 00:23:08,720 --> 00:23:15,400 Speaker 3: How Anyway, that's completely unrelated. You want do you want 444 00:23:15,400 --> 00:23:15,720 Speaker 3: our weather? 445 00:23:15,800 --> 00:23:15,960 Speaker 2: Yeah? 446 00:23:15,960 --> 00:23:16,800 Speaker 3: How's your wear? The max? 447 00:23:17,400 --> 00:23:20,920 Speaker 12: No, Bruetown's brilliant. Obviously limited by weather though a little 448 00:23:20,920 --> 00:23:24,080 Speaker 12: cloudy today. Otherwise fine twelve the high. 449 00:23:23,520 --> 00:23:26,480 Speaker 3: Thank you so much, Neva and Auckland, NEV. Good morningreetings. 450 00:23:26,720 --> 00:23:29,080 Speaker 3: We had bit of chaos on the motorway last night. 451 00:23:29,200 --> 00:23:29,840 Speaker 2: Yeah we did. 452 00:23:29,880 --> 00:23:32,760 Speaker 13: Now look, police are continuing to investigate this is a bomb. 453 00:23:32,760 --> 00:23:34,960 Speaker 13: Skin of this caused, as you say, chaos on the 454 00:23:35,040 --> 00:23:39,040 Speaker 13: Southern Motorway yesterday a man's body was found nearby. Now 455 00:23:39,080 --> 00:23:40,879 Speaker 13: the officers that are called to the walkway, this is 456 00:23:40,880 --> 00:23:44,280 Speaker 13: at Highbrook about eleven thirty am, they found an item 457 00:23:44,320 --> 00:23:48,080 Speaker 13: resembling an improvised explosive device. So, of course state part 458 00:23:48,119 --> 00:23:50,560 Speaker 13: of State Highway one that was closed for hours as 459 00:23:50,560 --> 00:23:52,400 Speaker 13: a result. We were just talking about this in the newsroom. 460 00:23:52,400 --> 00:23:54,800 Speaker 13: I think it didn't clear into well into the evening. 461 00:23:55,359 --> 00:23:58,040 Speaker 13: Specialists say two objects found in the area likely and 462 00:23:58,200 --> 00:24:01,800 Speaker 13: not IED's, but they're exact them. Police carried out a 463 00:24:01,840 --> 00:24:04,760 Speaker 13: detailed scene examination last night and they're looking into this 464 00:24:04,840 --> 00:24:05,760 Speaker 13: man's death as well. 465 00:24:05,840 --> 00:24:08,880 Speaker 3: Right, so they don't so they thought they were bombs, 466 00:24:09,520 --> 00:24:13,160 Speaker 3: looked them up, looked into them they're not bombs. Yeah likely, yeah, execuly, 467 00:24:14,480 --> 00:24:16,680 Speaker 3: I mean you want to be cautious. But there were 468 00:24:16,720 --> 00:24:18,520 Speaker 3: a lot of people upset. There was the one woman 469 00:24:18,520 --> 00:24:20,120 Speaker 3: who was in the traffic for three and a half 470 00:24:20,200 --> 00:24:20,840 Speaker 3: hours apparently. 471 00:24:20,920 --> 00:24:23,399 Speaker 13: Well they were talking about this in the newsroom. Lucky. 472 00:24:23,640 --> 00:24:25,680 Speaker 13: I didn't even know what was going on. I was 473 00:24:25,760 --> 00:24:30,879 Speaker 13: at home. I'm a lounger, fastest sleep thinking. Thank goodness, 474 00:24:31,160 --> 00:24:35,320 Speaker 13: they finally frost and Shelter places today's high fourteen for Aukland. 475 00:24:35,359 --> 00:24:37,360 Speaker 3: Brilliant, Thank you very much. As somebody says, you need 476 00:24:37,400 --> 00:24:39,560 Speaker 3: to use the grocer app when you go to the groceries. 477 00:24:40,280 --> 00:24:43,320 Speaker 3: It's great that Nick also says, I believe all supermarket 478 00:24:43,320 --> 00:24:48,600 Speaker 3: owners have new Range rovers. I mean there's I don't notice, obviously, 479 00:24:48,640 --> 00:24:50,720 Speaker 3: I don't know that's true. But is that a bad thing? 480 00:24:50,800 --> 00:24:54,000 Speaker 3: I don't know. Doesn't everyone want a new Range Rover? Hey, 481 00:24:55,280 --> 00:24:57,520 Speaker 3: it is seventeen minutes away from sex News talk SETB. 482 00:24:58,040 --> 00:25:00,200 Speaker 3: You know what's pretty cool that we've got a business 483 00:25:00,280 --> 00:25:03,320 Speaker 3: right here in New Zealand who's actually caring about the 484 00:25:03,359 --> 00:25:06,080 Speaker 3: planet and doing something real about it, not just talking, 485 00:25:06,320 --> 00:25:10,280 Speaker 3: And who's leading the way Xpole. Yeah, it's the warmest 486 00:25:10,280 --> 00:25:12,600 Speaker 3: feet in the world. People you know them. They've got 487 00:25:12,600 --> 00:25:16,800 Speaker 3: something called XPOLES Earth Initiative, and honestly it is quite impressive. 488 00:25:16,920 --> 00:25:19,359 Speaker 3: All seven of their factories across the country are fitted 489 00:25:19,400 --> 00:25:22,320 Speaker 3: with recycling machines, not just for their own offcuts, but 490 00:25:22,359 --> 00:25:25,600 Speaker 3: also for waste that's collected from building sites and even households. 491 00:25:26,119 --> 00:25:29,840 Speaker 3: They're now recycling more than five hundred tons of polystyring 492 00:25:29,880 --> 00:25:33,159 Speaker 3: a year, and they've set up recycling bins throughout building 493 00:25:33,160 --> 00:25:35,840 Speaker 3: merchants nationwide up and down the country, and they take 494 00:25:35,880 --> 00:25:39,320 Speaker 3: back packaging waste from there as well. Now that is 495 00:25:39,480 --> 00:25:42,960 Speaker 3: one thousand cubic meters of waste every month, roughly ten 496 00:25:43,320 --> 00:25:46,399 Speaker 3: truck and trailer roads loads. I should say even better, 497 00:25:46,720 --> 00:25:51,360 Speaker 3: seventy five percent of their products now contain recycled content. 498 00:25:51,520 --> 00:25:53,720 Speaker 3: So if you're building or renovating and you want to 499 00:25:53,720 --> 00:25:55,879 Speaker 3: be a bit better to the planet, go to Xpole 500 00:25:55,960 --> 00:25:58,520 Speaker 3: dot co dot NZ your home and the environment will 501 00:25:58,520 --> 00:25:59,119 Speaker 3: thank you for it. 502 00:26:00,119 --> 00:26:04,119 Speaker 1: International correspondence with Insie Eye Insurance Peace of Mind for 503 00:26:04,160 --> 00:26:05,520 Speaker 1: New Zealand Business. 504 00:26:05,720 --> 00:26:08,000 Speaker 3: Kevin Gray are UK. You're a correspondent joining us live 505 00:26:08,040 --> 00:26:08,480 Speaker 3: this morning. 506 00:26:08,560 --> 00:26:08,840 Speaker 2: Kevin. 507 00:26:08,920 --> 00:26:12,000 Speaker 3: A number of French cities imposing curfews on young people. 508 00:26:12,040 --> 00:26:15,479 Speaker 14: This is over crime, yes, that's right, Ryan, and in 509 00:26:15,520 --> 00:26:19,199 Speaker 14: particular drug trafficking and the use of young children to 510 00:26:19,280 --> 00:26:22,879 Speaker 14: be couriers within that trade. Now, the latest city to 511 00:26:23,000 --> 00:26:25,720 Speaker 14: undergo this idea of a curfew is Nim that's in 512 00:26:25,800 --> 00:26:29,040 Speaker 14: the south of France, and they say that is really 513 00:26:29,080 --> 00:26:33,040 Speaker 14: tried to prevent under sixteen's being exposed to violence and 514 00:26:33,119 --> 00:26:37,280 Speaker 14: to contain tensions. The curfew is between nine pm and 515 00:26:37,440 --> 00:26:39,960 Speaker 14: six a m. And over the course of the last 516 00:26:39,960 --> 00:26:42,920 Speaker 14: month there have been several shootings, one in broad daylight, 517 00:26:43,640 --> 00:26:46,280 Speaker 14: all to do with the drugs trade. One person has 518 00:26:46,320 --> 00:26:49,040 Speaker 14: died in those shootings, several injured, and last week the 519 00:26:49,040 --> 00:26:52,000 Speaker 14: body of a nineteen year old man was found partially 520 00:26:52,040 --> 00:26:55,359 Speaker 14: burned on the outskirts of the city of Nim. It's 521 00:26:55,400 --> 00:26:58,159 Speaker 14: not just their Bezier to the southwest has had a 522 00:26:58,200 --> 00:27:02,240 Speaker 14: curfew in place for children that's been plagued by violence 523 00:27:02,240 --> 00:27:06,200 Speaker 14: that the weekend balaklava clad used lured police and then 524 00:27:06,240 --> 00:27:10,240 Speaker 14: attacked them, according to local media and Limoje in southwestern 525 00:27:10,320 --> 00:27:15,239 Speaker 14: France also imposing curfew measures and certainly politicians waking up 526 00:27:15,320 --> 00:27:18,480 Speaker 14: saying we now have a real epidemic. I'm afraid of 527 00:27:18,560 --> 00:27:21,359 Speaker 14: drug related violence. One hundred and ten people dying in 528 00:27:21,400 --> 00:27:25,000 Speaker 14: France in twenty twenty four with drug related violence. 529 00:27:25,920 --> 00:27:29,080 Speaker 3: Meanwhile, the BRIT's are happy about this fine that actually 530 00:27:29,080 --> 00:27:32,080 Speaker 3: miss Nottingham. This is a Royal Navy warship sunk by 531 00:27:32,119 --> 00:27:35,160 Speaker 3: the Germans and found at what one hundred years later? 532 00:27:36,280 --> 00:27:39,119 Speaker 14: Yes, and I think it will be particularly poignant for 533 00:27:39,160 --> 00:27:42,399 Speaker 14: those who lost their lives that the families of the 534 00:27:42,480 --> 00:27:44,919 Speaker 14: thirty eight crew members who were killed. It was a 535 00:27:44,920 --> 00:27:47,560 Speaker 14: four hundred and fifty seven foot ship. It was torpedoed 536 00:27:47,600 --> 00:27:52,360 Speaker 14: by a German submarine in August nineteen sixteen and has 537 00:27:52,400 --> 00:27:54,919 Speaker 14: finally been found. There were numerous missions to try and 538 00:27:54,960 --> 00:27:59,119 Speaker 14: find this vessel, which was absolutely stuffed with crew members. 539 00:27:59,160 --> 00:28:02,639 Speaker 14: So in total there were twenty officers, the captain and 540 00:28:02,720 --> 00:28:06,040 Speaker 14: three hundred and fifty seven other crew who were rescued 541 00:28:06,080 --> 00:28:10,600 Speaker 14: by Royal Navy destroyers and survived. And we know it's 542 00:28:10,600 --> 00:28:15,159 Speaker 14: the vessel because they say they've seen the cutlery and 543 00:28:15,240 --> 00:28:19,439 Speaker 14: crockery embossed with the Royal Navy Blue crown emblem and 544 00:28:19,480 --> 00:28:22,080 Speaker 14: the letterer in Nottingham on top of the stern as well, 545 00:28:22,160 --> 00:28:24,560 Speaker 14: so we do pretty sure, and they've now found it 546 00:28:24,640 --> 00:28:27,400 Speaker 14: the Nottingham was struck three times on its port side. 547 00:28:27,440 --> 00:28:30,280 Speaker 14: It was on a reconnaissance mission, but they'd spotted a 548 00:28:30,359 --> 00:28:32,560 Speaker 14: German U boat earlier, but they thought it was a 549 00:28:32,560 --> 00:28:36,080 Speaker 14: small fishing vessel. It wasn't. It attacked and that led 550 00:28:36,119 --> 00:28:39,800 Speaker 14: to this quite high death camp, but plenty managing to escape, 551 00:28:39,800 --> 00:28:42,840 Speaker 14: but some very difficult memories for those who have loved 552 00:28:42,840 --> 00:28:44,840 Speaker 14: ones who'd lost their lives in that First World War. 553 00:28:44,880 --> 00:28:46,960 Speaker 3: It sounds like two givin thank you for that. Kevin Gray, 554 00:28:47,480 --> 00:28:50,959 Speaker 3: you're correspondent, just gone eleven minutes away from six. So, 555 00:28:50,960 --> 00:28:52,280 Speaker 3: by the way, who just said it ticks? Come and 556 00:28:52,320 --> 00:28:54,640 Speaker 3: Ryan there was a fatality. This person lives in Japan. 557 00:28:54,720 --> 00:28:57,720 Speaker 3: Clearly a fatality on a Japanese city round network yesterday. 558 00:28:57,760 --> 00:28:59,800 Speaker 3: There was an announcement on the train to expect it 559 00:29:00,400 --> 00:29:04,120 Speaker 3: no longer than fifteen minutes. So they don't muck around 560 00:29:04,120 --> 00:29:08,240 Speaker 3: in Japan even if there are casualties, fatalities on the tracks. 561 00:29:08,240 --> 00:29:10,960 Speaker 3: Just gone ten minutes away from six now two guards 562 00:29:11,000 --> 00:29:13,680 Speaker 3: that we go. Opposition parties here saying government needs to 563 00:29:13,720 --> 00:29:17,120 Speaker 3: get harder to take a harshest stance against Israel. Yesterday, 564 00:29:17,160 --> 00:29:19,280 Speaker 3: Winston Peter has joined a bunch of other countries and 565 00:29:19,440 --> 00:29:21,600 Speaker 3: calling for an immediate sease fire. 566 00:29:22,000 --> 00:29:25,400 Speaker 6: This horror must end. Two lives have been lost, too 567 00:29:25,440 --> 00:29:30,120 Speaker 6: many people have been traumatized, polarized and embittered, ensuring that 568 00:29:30,200 --> 00:29:34,160 Speaker 6: yet another generation of Israeli and Palestinian children born into 569 00:29:34,160 --> 00:29:38,479 Speaker 6: a situation have insufferable conflict and enmity. That is why 570 00:29:38,560 --> 00:29:41,240 Speaker 6: and Zeelan has come together with foreign ministers from twenty 571 00:29:41,280 --> 00:29:45,000 Speaker 6: seven other countries to state as city as we can 572 00:29:45,080 --> 00:29:48,840 Speaker 6: that enough is enough, that this war must end, now 573 00:29:49,200 --> 00:29:50,680 Speaker 6: that this suffering is intolerable. 574 00:29:51,280 --> 00:29:53,600 Speaker 3: Close to Aubert during party colored with me this morning, Chloe, 575 00:29:53,640 --> 00:29:57,400 Speaker 3: good morning, enough. So what more can Winston Dowe has 576 00:29:57,440 --> 00:30:00,680 Speaker 3: called for an unconditional seats fire, immediate SEASPI what else? 577 00:30:02,080 --> 00:30:05,080 Speaker 15: The Foreign Minister has been calling for a ceasefire for 578 00:30:05,280 --> 00:30:07,520 Speaker 15: the better part of two years. But Ryan, at the 579 00:30:07,560 --> 00:30:10,840 Speaker 15: end of the day, Palestinians can't eat words, and right 580 00:30:10,880 --> 00:30:15,160 Speaker 15: now the blockade on Gaza is starving, actively starving the 581 00:30:15,200 --> 00:30:19,680 Speaker 15: people of Palestine. Look, we've had Holocaust scholars and survivors, 582 00:30:19,680 --> 00:30:23,720 Speaker 15: We've had Human Rights Watch, United Nations, Entities, Amnesty International, 583 00:30:24,080 --> 00:30:26,120 Speaker 15: all of which have said that what is unfolding before 584 00:30:26,120 --> 00:30:29,560 Speaker 15: our very eyes is a genocide. Then we have the 585 00:30:29,600 --> 00:30:32,640 Speaker 15: horrific videos livestream to our phones twenty four to seven, 586 00:30:33,080 --> 00:30:35,720 Speaker 15: and as schools and hospitals are being bombed and eight 587 00:30:35,800 --> 00:30:38,160 Speaker 15: hundred people have been murdered in the last two months 588 00:30:38,200 --> 00:30:41,240 Speaker 15: lighting up for food. I think the absolute bare minimum 589 00:30:41,240 --> 00:30:43,640 Speaker 15: that any of us can expect from our so called 590 00:30:43,680 --> 00:30:47,120 Speaker 15: representatives and leaders has put substance behind their words. 591 00:30:47,120 --> 00:30:50,680 Speaker 3: So we dratifically, what specific sanctions are you talking about, 592 00:30:50,680 --> 00:30:53,680 Speaker 3: because we've got sanctions to travel bands against a couple 593 00:30:53,680 --> 00:30:56,680 Speaker 3: of members of Nitnya's cabinet, But what specifically else would 594 00:30:56,720 --> 00:30:57,000 Speaker 3: you like? 595 00:30:58,040 --> 00:31:00,400 Speaker 15: So we can copy the exact same framework that we 596 00:31:00,440 --> 00:31:03,280 Speaker 15: did with the Russia's Sanctions Act, where you'll recall that 597 00:31:03,320 --> 00:31:06,120 Speaker 15: our Parliament acted within just a few weeks of Russia's 598 00:31:06,160 --> 00:31:10,920 Speaker 15: unlawful invasion into an occupation of Ukraine and sanctioned Russia autonomously. 599 00:31:11,320 --> 00:31:14,160 Speaker 15: That's the reason that I took the parallel approach with 600 00:31:14,320 --> 00:31:18,040 Speaker 15: the sanctions Bill, with the Unlawful Occupation of Palestine Sanctions Bill, 601 00:31:18,320 --> 00:31:22,200 Speaker 15: which actually would implement a put some substance behind the 602 00:31:22,360 --> 00:31:25,040 Speaker 15: words that we signed up to in September of last 603 00:31:25,120 --> 00:31:27,480 Speaker 15: year when we joined with one hundred and twenty three 604 00:31:27,480 --> 00:31:30,600 Speaker 15: other member states to support the United Nations General Assembly 605 00:31:31,520 --> 00:31:35,120 Speaker 15: effectively to back up the advisory opinion from the ICJ, 606 00:31:35,320 --> 00:31:39,000 Speaker 15: the International Court of Justice in a nutshell, Ryan, we 607 00:31:39,040 --> 00:31:41,600 Speaker 15: had seen other countries also move to do this. Yes, 608 00:31:41,640 --> 00:31:44,320 Speaker 15: spaceic sanctions. That Ireland has done this. 609 00:31:44,400 --> 00:31:44,800 Speaker 2: We saw. 610 00:31:45,480 --> 00:31:47,880 Speaker 15: We saw just last week that twelve countries came together 611 00:31:47,960 --> 00:31:50,560 Speaker 15: to do the same and Borgata. So we need some 612 00:31:50,640 --> 00:31:53,200 Speaker 15: action behind words. All those words are just empty. 613 00:31:53,520 --> 00:31:55,880 Speaker 3: We appreciate time close for Green Party co leader that 614 00:31:55,920 --> 00:31:59,240 Speaker 3: EU is discussing this very matter as well about whether 615 00:31:59,280 --> 00:32:01,720 Speaker 3: you put sanctions on Israel or not. At this point 616 00:32:01,840 --> 00:32:06,200 Speaker 3: they have not. It is seven minutes away from six newstalks. 617 00:32:05,920 --> 00:32:11,000 Speaker 1: B Bryan Bridge on early edition with ex bowl insulation 618 00:32:11,360 --> 00:32:15,640 Speaker 1: keeping Kiwio's warm and try this winter News Talks b there's. 619 00:32:15,480 --> 00:32:17,560 Speaker 3: Five to six on News Talks, b Ryan. My kids 620 00:32:17,560 --> 00:32:20,640 Speaker 3: work in a supermarket. They are managed very, very hard. 621 00:32:21,040 --> 00:32:24,320 Speaker 3: If there are any errors, there is big pressure on them. 622 00:32:25,160 --> 00:32:27,960 Speaker 3: This is about whether you worry if your bill is 623 00:32:28,000 --> 00:32:29,880 Speaker 3: two cents out from what you thought it would be 624 00:32:29,960 --> 00:32:32,480 Speaker 3: when you went to the shelf versus at the checkout. 625 00:32:32,640 --> 00:32:35,040 Speaker 3: Is that a major deal? Should we be forcing the 626 00:32:35,080 --> 00:32:38,200 Speaker 3: supermarkets to then give us the item for free and 627 00:32:38,280 --> 00:32:40,360 Speaker 3: a refund on the full price as well, which is 628 00:32:40,360 --> 00:32:44,120 Speaker 3: what Consumrin's advance. N it's five to six mics in 629 00:32:44,160 --> 00:32:46,680 Speaker 3: the studio. Hey Mike, do you know when you go 630 00:32:46,720 --> 00:32:49,760 Speaker 3: to this do you go to the supermarket? No? Okay, 631 00:32:49,880 --> 00:32:51,880 Speaker 3: so you wouldn't know about the price above the item 632 00:32:51,960 --> 00:32:54,920 Speaker 3: below the item question. Apparently there's no law that says 633 00:32:54,960 --> 00:32:57,880 Speaker 3: you have to put the price above or below. People 634 00:32:57,920 --> 00:33:01,000 Speaker 3: get confused, end up paying something. They shot, do you reckon? 635 00:33:01,000 --> 00:33:02,640 Speaker 16: Most people look at the price anyway. They look at 636 00:33:02,640 --> 00:33:05,239 Speaker 16: the price roughly. Then you do the price per key. 637 00:33:06,560 --> 00:33:08,920 Speaker 16: The thing is whether that's a bargain or not. My 638 00:33:09,040 --> 00:33:11,640 Speaker 16: suggestion would be if you buy less crap, you've got 639 00:33:11,640 --> 00:33:13,520 Speaker 16: more money for good stuff. How about that for an idea? 640 00:33:13,800 --> 00:33:15,160 Speaker 3: You know you feed yourself? 641 00:33:15,360 --> 00:33:16,080 Speaker 2: No, no, no, but I. 642 00:33:16,040 --> 00:33:20,200 Speaker 16: Mean, well, this was the thing I'm getting infuriated. Yesterday 643 00:33:20,320 --> 00:33:23,040 Speaker 16: Hipkins was in the house talking about and tomatoes are 644 00:33:23,080 --> 00:33:27,640 Speaker 16: up and carriages it's seasonal, idiots. 645 00:33:27,280 --> 00:33:30,400 Speaker 3: Yes, but they are more than you expect for the season. 646 00:33:30,480 --> 00:33:32,680 Speaker 3: But here's the thing about food inflation. Don't buy it 647 00:33:32,960 --> 00:33:33,640 Speaker 3: if you look at it. 648 00:33:34,120 --> 00:33:36,800 Speaker 16: No, if you look at something and go look, that's 649 00:33:36,840 --> 00:33:38,520 Speaker 16: too expensive this month, I'm not going to buy I'm 650 00:33:38,520 --> 00:33:40,440 Speaker 16: going to buy something cheap. Buy something cheap. 651 00:33:40,760 --> 00:33:41,400 Speaker 2: What a season. 652 00:33:42,240 --> 00:33:45,240 Speaker 3: But what if the cheap thing is, you know, a 653 00:33:45,360 --> 00:33:47,960 Speaker 3: pack of noodles and that's all you can give you? No, 654 00:33:48,000 --> 00:33:48,400 Speaker 3: I see what. 655 00:33:48,720 --> 00:33:48,800 Speaker 6: No. 656 00:33:48,880 --> 00:33:51,120 Speaker 16: But when it comes to fruit and vegetables, for example, 657 00:33:51,160 --> 00:33:52,920 Speaker 16: there's always something on sales. 658 00:33:53,040 --> 00:33:58,440 Speaker 3: Always. Oh come on, Mike Hoskin. If you are paying 659 00:33:58,480 --> 00:33:59,960 Speaker 3: too much in the supermarket, don't go there. 660 00:34:06,000 --> 00:34:09,000 Speaker 1: For more from Early Edition with Ryan Bridge. Listen live 661 00:34:09,120 --> 00:34:12,120 Speaker 1: to news Talks it be from five am weekdays, or 662 00:34:12,200 --> 00:34:14,080 Speaker 1: follow the podcast on iHeartRadio.