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Speaker 1: Pressing the newsweakers to get the real story. It's Ryan

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Speaker 1: Bridge on Heather Duplicy Ellen Drive, where one New Zealand.

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Speaker 2: Let's get connected. News Talk said B seven.

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Speaker 3: After four, News Talk said B. What's with the light

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Speaker 3: on detail announcement from the government today on rail? Winston

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Speaker 3: Peters fronts up after five. What caused all the chaos

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Speaker 3: at Auckland Airport? We'll ask the chief operating officer and

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Speaker 3: can you sue your employee? Can you take your employer

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Speaker 3: to court for canceling working from home? Our civil servants

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Speaker 3: are trying.

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Speaker 2: We'll talk to them shortly, Ryan Bridge.

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Speaker 3: Trust. That is essentially what today's rail announcement comes down to. Trust.

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Speaker 3: It's so light on detail you'd be forgiven for thinking

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Speaker 3: that ministers only just remembered this morning when they woke

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Speaker 3: up that they canceled a half billion dollar ferry order

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Speaker 3: twelve months ago. That is how long we've been waiting

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Speaker 3: for this. We could have been sailing in these new

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Speaker 3: ones by twenty twenty six. Sure it ort to cost

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Speaker 3: US north of three billion dollars. Don't tell the bank,

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Speaker 3: most of that being spent on land side infrastructure to

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Speaker 3: handle these big Korean made bad boys. But now we're

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Speaker 3: being told basically this today. This is the summary. New

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Speaker 3: fairies are coming, two of them smaller than the ones

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Speaker 3: we ordered. What is the new cost? Can't say? What

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Speaker 3: is the new cost of the land side development that

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Speaker 3: got us into trouble in the first place? Can't say?

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Speaker 3: And yet they tell us, don't worry, this project will

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Speaker 3: be much cheaper than the last one. How can you

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Speaker 3: know that without first knowing the cost of the new fairies?

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Speaker 3: And how can you know the land side costs without

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Speaker 3: first knowing which fairies you've ordered, which they haven't done yet, remember,

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Speaker 3: because the new company they've set up to do that

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Speaker 3: hasn't got its directors been appointed until next year. And

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Speaker 3: with Winston now in charge as rail Minister, do you

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Speaker 3: think he'll oversee the country's railways and kill off rail

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Speaker 3: enablement between the North and South Islands. Is that the

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Speaker 3: sort of legacy Winston Peters will want? Of course not

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Speaker 3: so this could yet again get more expensive, Which is why,

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Speaker 3: when it comes down to it, with so little detail today,

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Speaker 3: this announcement really comes down to trust. Do you trust

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Speaker 3: they can pull this off? That we can have our

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Speaker 3: cake and somehow eat it too. Bran Bridge nine after four,

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Speaker 3: the Public Service Association is taking legal action to stop

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Speaker 3: the government's new working from home rules. It's file acclaim

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Speaker 3: with the Employment Relations Authority arguing the director violates its

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Speaker 3: agreement with the government. Acting National Secretary of the Public

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Speaker 3: Service Association as Flurfit simons, she's with me this evening, plurgridy.

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Speaker 3: I gave a good afternoon.

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Speaker 4: I should say, well, good afternoon.

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Speaker 3: So where in your agreement does it guarantee working from home?

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Speaker 5: Well, in a number of employment agreements there is reference

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Speaker 5: to flexible working, including working from home. And actually the

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Speaker 5: union movement and the employer, through the Public Service Commission,

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Speaker 5: agreed to a series of principles called the Gender Pay Principles,

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Speaker 5: and one of them is that agencies normalize flexible and

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Speaker 5: part time working arrangements for all employees. So our concern

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Speaker 5: really is that the government recent government directive has failed

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Speaker 5: to take into account the commitments under the Gender Pay

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Speaker 5: Principles and those in a number of employment agreements.

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Speaker 3: What is working from home got to do with whether

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Speaker 3: you're a woman or a man, well.

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Speaker 5: And it does affect everybody. But this was done in

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Speaker 5: the context of recognizing that women predominantly take on more

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Speaker 5: caring responsibilities. But look, it will also impact people with

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Speaker 5: chronic health conditions, people with disabilities, and in the end,

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Speaker 5: it could be good for everybody if we managed to

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Speaker 5: turn around this government directive.

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Speaker 3: But you're hanging this this legal challenge. You're hanging this

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Speaker 3: on the gender issue, and you know, basically saying that

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Speaker 3: without working for home, you're discriminating against women.

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Speaker 5: Yeah, that's right, and that's because the government committed to

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Speaker 5: addressing the gender pay gap that exists in the public

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Speaker 5: service agencies. The ways we're doing that by making sure

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Speaker 5: that workplaces reflect what the needs of women, and it's

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Speaker 5: actually a legal requirement on them anyway.

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Speaker 3: Yeah, but I mean men, what are you saying men

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Speaker 3: don't look after their kids?

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Speaker 4: No?

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Speaker 5: Absolutely not, and this.

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Speaker 3: All so what I say, so men look after these kids.

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Speaker 3: Women look after their kids. Just I mean, I guess

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Speaker 3: the point is, does work not discriminate against everyone? I mean,

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Speaker 3: many people would like to be other places doing other things,

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Speaker 3: but the reality is, if you want to be paid

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Speaker 3: and you want to have a job, you've got to

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Speaker 3: be at work.

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Speaker 6: Well.

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Speaker 5: The great thing about our litigation is that if we

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Speaker 5: are successful, it will apply to men and women, and

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Speaker 5: it will mean that people who have the ability to

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Speaker 5: work from home and work flexibly and can do that

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Speaker 5: in a way that enhances their ability to do their

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Speaker 5: job and that works for them, will be able to

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Speaker 5: do this. So, yes, we're advancing it because of a

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Speaker 5: gender pay princi. Well that's our legal argument, but actually

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Speaker 5: any outcome, if we're successful, will apply to everyone, and

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Speaker 5: that's good news for all workers.

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Speaker 3: All right. For do you know what the legal costs

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Speaker 3: will be for your members?

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Speaker 5: We're not anticipating it will be high. We're hoping that

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Speaker 5: we will be able to settle this dispute with Tacua

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Speaker 5: Mattah or the Public Service Commission and move on and

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Speaker 5: really make sure that people can keep using the flexible

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Speaker 5: working provisions they have, which we know work for employers

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Speaker 5: and for working people.

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Speaker 3: All right, thank you very much for your time. For

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Speaker 3: great to have you on the show. That's the acting

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Speaker 3: National Secretary of the PSA, flir Fit Simons, twelve minutes

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Speaker 3: after four. Would love to get your views on that.

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Speaker 3: Nine to nine two is the number to text, you

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Speaker 3: know if your boss said to you, sorry, no working

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Speaker 3: from home anymore? Do you think you should have the

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Speaker 3: right even if it's not specifically spelled out in your agreement,

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Speaker 3: you should you have the right to go and pat

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Speaker 3: them to court. Nine two nine two. It is twelve

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Speaker 3: after four. News Talk said, be Sport next.

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Speaker 1: Who will take the White House results and analysis of

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Speaker 1: the US election? On Heather Duplicy, Alan Drive with one

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Speaker 1: New Zealand let's get.

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Speaker 2: Connected, the news Talk said Be.

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Speaker 1: Sport with the new tab app downloaded today bed responsibly.

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Speaker 3: News Talks thereb caught a past four lots of texts

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Speaker 3: coming in on the PSA taking the government to court

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Speaker 3: over working from home. We'll get to that in a

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Speaker 3: second right now, though Darcy Water goes here. Sports Talk

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Speaker 3: hosts seven pm tonight on news Talks there Be Darcy,

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Speaker 3: good afternoon.

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Speaker 7: If I bring my sleeping bag in here and sleep

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Speaker 7: under the desk, am I technically working from home?

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Speaker 3: Well, I guess. And if you're homeless, and yeah, I mean,

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Speaker 3: if this is your home, there you go. Then you

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Speaker 3: can trouble get around the rules and no one needs

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Speaker 3: to be sued.

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Speaker 7: And on Sport we've discovered something quite interesting. Both Ryan

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Speaker 7: and I have worked with the same sportsman in the

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Speaker 7: form of Mark Ridgars.

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Speaker 3: I liked walking working with you.

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Speaker 7: I said, I did a breakfast broken with him, so

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Speaker 7: did you. But you guys are on Telly because you're.

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Speaker 3: Pretty darcy, You're you're not hideous. Hey. The test against

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Speaker 3: England is the last black Cap test before Garris Diad's

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Speaker 3: contract expire. Should he stay on his coach to Reckon.

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Speaker 7: Well, it's not till kind of medle early next year.

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Speaker 7: They have to decide that because he's got the champions

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Speaker 7: traps to T twenty's still lots to do before that.

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Speaker 7: So we've got Warren Lee's former black Caps coach, on

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Speaker 7: the program tonight to talk about that and what the

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Speaker 7: process should be where there's been a good coach, how

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Speaker 7: well he's developed, and what do you look at for

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Speaker 7: Marcus as a good coach to make give the guy's

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Speaker 7: job back. I don't think you should give him his

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Speaker 7: job back. I think you open it up and say, right, yep,

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Speaker 7: we love what you do, we know what you do.

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Speaker 7: But when he's opened this market, because you've been around

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Speaker 7: for so long, and we'll see what we've got there.

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Speaker 7: And it happened with Dame Nolen Toda and the Silver

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Speaker 7: Fernsin's got a job back again, so much better thing.

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Speaker 7: So an open process. But Gary is a very very serious,

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Speaker 7: straight up guy and he's not prone to anything over

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Speaker 7: the top. No, he would just take it very one

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Speaker 7: by the time.

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Speaker 3: You shouldn't just do a backgroom gentleman's deal on it.

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Speaker 3: You just open it up for an open pa I'd think.

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Speaker 2: So.

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Speaker 3: Yeah, James O'Connor wants to be the starting number ten

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Speaker 3: for the Crusaders this season.

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Speaker 7: Well good, and so he should good Like he's only

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Speaker 7: over for a year. He's coming for the Crusaders to

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Speaker 7: steady the ship.

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Speaker 4: To a degree.

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Speaker 7: He's a very experienced character, sixty plus test. He's played

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Speaker 7: all over the world. He's been around. He started off

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Speaker 7: as a very very young man. Was he seventeen or

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Speaker 7: something when he started playing eighteen for the Wallabies. So

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Speaker 7: he's going to be working with some of these young

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Speaker 7: guys over here that didn't quite hit the ground running

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Speaker 7: last year under Robert Penny. So the fact that he's

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Speaker 7: come out and said yeah, I want that job. Of

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Speaker 7: course I want that job, that's good. Needs to apply

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Speaker 7: that pressure to the younger guys going I'm the standard,

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Speaker 7: I'm going to get the job. I'm an international, I've

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Speaker 7: been there, done that. Challenge me what have you got?

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Speaker 3: Knocked me off my pur because that's not done the

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Speaker 3: way it's done here, is it? In New Zealand. We

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Speaker 3: don't sort of come out and say we want this

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Speaker 3: or you know, a player wouldn't say that's what I'm

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Speaker 3: going for or that's my goal.

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Speaker 7: Well, that's very Australian, though, isn't it.

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Speaker 3: I like to do that.

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Speaker 7: I mean again, you look at the national anthems, God,

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Speaker 7: Defend New Zealand and advance Australia. Fear it says it all.

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Speaker 4: Isn't it just like that?

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Speaker 3: The lines fast great to see his.

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Speaker 7: Warren Lee tonight to start after seven o'clock take can

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Speaker 7: we listen? Sam and Inger also from the Breakers, joints

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Speaker 7: the show towards the end of the piece brilliant.

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Speaker 3: Looking forward to Darcy Waldergraves, sports talk host seven pm

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Speaker 3: tonight on News Talk semb It is eighteen minutes after four.

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Speaker 3: Bryan Bridge lazy government workers. Ryan says, Lorraine, that is

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Speaker 3: the whole story, start to finish. This is the PSA

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Speaker 3: going to see the government over well, take the government

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Speaker 3: to court, to the Employment Relations Authority over there working

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Speaker 3: from home. Edit, Lorraine, that's been a little bit unfair

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Speaker 3: don't you think Ryan, the only reason that the government

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Speaker 3: is asking the public servants to return to their workplace

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Speaker 3: is to support the struggling cafe industry in the center

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Speaker 3: of Wellington. It is not because of productivity. Good on

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Speaker 3: Flur and a team for her team for challenging this

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Speaker 3: issue for all people, says Martin. I don't know, Martin,

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Speaker 3: I think I mean, have they even polled the workers

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Speaker 3: that they represent to see make sure that this is

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Speaker 3: what they want to do? This is you pay a

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Speaker 3: fee to be part of a membership, a membership to

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Speaker 3: be part of a union? Is this what you I want?

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Speaker 3: Your subs been spent on? Have they asked? Michael says,

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Speaker 3: I find it impossible to understand why anyone wishes to

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Speaker 3: interview the unions. Michael. They do represent a large portion

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Speaker 3: of society and you cannot ignore them. Nineteen after four

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Speaker 3: News TALKSVB.

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

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Speaker 1: your car on your drive home, it's Ryan Bridge on

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Speaker 1: Heather duper c Alan drive with one New Zealand Let's

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Speaker 1: get connected a news talk said.

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Speaker 3: B twenty two after four on News Talk sib so

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Speaker 3: Luigi Mangioni, He's the guy accused of killing the healthcare

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Speaker 3: boss in the United States in Manhattan, the Manhattan shooter accused. Basically,

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Speaker 3: have you seen the video of him being arrested. This

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Speaker 3: is in Pennsylvania being arrested. They're trying to extradde him

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Speaker 3: back to New York. All the cameras are there set up.

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Speaker 3: The world's media is watching the FBI the police catch

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Speaker 3: this guy, who, by the way, is twenty six years

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Speaker 3: old and managed to evade the FBI for six I

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Speaker 3: think that is incredible. But here we are, and as

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Speaker 3: he's being escorted into the cells, into the jail cell,

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Speaker 3: he has a bit of a rant and array have

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Speaker 3: a listen as through the experience he looked crazy. And

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Speaker 3: there was a really interesting interview with Al Chapo's defense

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Speaker 3: lawyer because Al Chapo obviously there was a lot of

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Speaker 3: extradition business going on there and they need to extradite

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Speaker 3: this guy to New York and he's fighting in that

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Speaker 3: extradition in court now. Ol Chapo's lawyer says, because of

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Speaker 3: his mental state, which includes his health issues that we

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Speaker 3: know about in the back pain that we spoke about yesterday,

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Speaker 3: he may be eligible for extreme emotional disturbance defense in

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Speaker 3: New York, which could potentially drastically reduce his sentence. So

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Speaker 3: this is what al Chapo's defense lawyer said. He says

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Speaker 3: every word out of his mouth, every action he takes,

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Speaker 3: needs to be done with a possible psychiatric defense in mind.

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Speaker 3: And that, ladies and gentlemen, was the performance of a

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Speaker 3: man who's going to be using that defense. From where

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Speaker 3: I'm sitting anyway, he is, of course accused at this stage.

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Speaker 3: We'll see what happens with that. Twenty four minutes after four,

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Speaker 3: and Dan Mitchison will be with us shortly on that.

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Speaker 3: From the US. Rich, lots of you still coming in

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Speaker 3: on the issue of working from home and the PSA

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Speaker 3: taking the government to court. Ryan, There's no way that

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Speaker 3: flew from the Public Service Association can convince me an

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Speaker 3: employee is more productive or more useful in their role

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Speaker 3: hiding at home with all the distractions that offers compared

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Speaker 3: to the discipline the oversight that comes from being in

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Speaker 3: the workplace, shares Phil. Phil, thank you for your message

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Speaker 3: this afternoon. Just before we go to break, I just

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Speaker 3: want to draw your attention to something that's sort of

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Speaker 3: related to this. This is from Japan. So in Japan,

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Speaker 3: you know, they have a problem with their declining fertility rates.

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Speaker 3: They're at about one point two births per woman in

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Speaker 3: a lifetime. That's a record low. Replacement number is two

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Speaker 3: point one, so they're not doing very well. So over

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Speaker 3: in Tokyo, the government, the local government there for all

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Speaker 3: civil servants has just overnight introduced a four day work

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Speaker 3: week to get them home. And I don't know if

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Speaker 3: it's to encourage them to be, you know, fixing the

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Speaker 3: fertility rate on that day here thank you, I didn't

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Speaker 3: want to say it, and thank you for that you

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Speaker 3: save my vacant. So I guess you go home and

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Speaker 3: you be more productive in a different way, in a

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Speaker 3: more interesting way. But also they say this would encourage,

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Speaker 3: you know, people who do have children. It's a message

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Speaker 3: to them that actually, you can have kids and work

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Speaker 3: at the same time and it's not going to be

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Speaker 3: as stressful for you. Therefore you might encourage people to

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Speaker 3: be doing exactly what answers is bit of that. So

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Speaker 3: there you go. That new rule comes in by the way,

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Speaker 3: next April for any civil servant over in Tokyo in Japan,

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Speaker 3: which is pretty interesting. So Dan Mitchison will be with

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Speaker 3: us after we come back from the news at half four.

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Speaker 3: Also after five o'clock we're going to get to the

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Speaker 3: ferries with Winston Peters, who has a new job today.

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Speaker 3: Winston Peters is your new Minister for Railways. Now I

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Speaker 3: had a look at this. I don't think we've had

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Speaker 3: a railways minister since nineteen ninety six. Whyatt Creech was

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Speaker 3: a railways minister in the nineties, but the last one

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Speaker 3: we had I can see, was nineteen ninety six. So

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Speaker 3: I think we've brought back the railways minister role, specifically

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Speaker 3: because Winston wants to be in charge to fix up that,

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Speaker 3: in his words, the mess that we have been left

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Speaker 3: with the Cookstrait crossing. So we'll talk to Winston Peters

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Speaker 3: about that after five this afternoon. We're also going to

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Speaker 3: look at that issue of prize givings. That's a past

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Speaker 3: five this evening, we're going to talk to Tim O'Connor

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Speaker 3: from Auckland Grammar. Apparently some people say that they're not

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Speaker 3: fair because kids miss out. I mean, honestly, that's life,

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Speaker 3: isn't it. Some of us win, some of us lose.

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Speaker 3: Twenty seven after four.

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Speaker 1: Ryan Bridge cutting through the noise to get the facts.

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Speaker 1: It's Ryan Bridge on here the Tho se Alan Drive

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Speaker 1: with one New Zealand. Let's get connected and news talk,

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Speaker 1: said Balk.

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Speaker 3: It is twenty five away from five. Great to have

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Speaker 3: your company this afternoon. The petrol Sorry, the banks are

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Speaker 3: taking a bit of a hammering over petrol stations. So

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Speaker 3: B and Z has been accused of defunding rural petrol stations.

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Speaker 3: This is loans for rural petrol stations. Now farmers reckon.

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Speaker 3: This is because they've signed up to these deals, these

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Speaker 3: green deals, which would restrict their funding for things like

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Speaker 3: a petrol station which is obviously using fossil fuels. The

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Speaker 3: banks have come back today and said, actually that's not

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Speaker 3: the reason. The reason that we're not going to be

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Speaker 3: funding petrol stations in rural areas is because of the

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Speaker 3: EV threat, so more people will be using evs and

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Speaker 3: therefore the viability of petrol stations going forwards. And as great,

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Speaker 3: does that make sense to you. I would have thought

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Speaker 3: of anywhere the threat of an EV, the last place

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Speaker 3: you would look would be a rural area because no

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Speaker 3: one's got one. So anyway, we'll talk about that. After

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Speaker 3: six we're going to speak to a petrol station owner

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Speaker 3: on this issue. Just after six this evening. It is

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Speaker 3: twenty four away from five.

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Speaker 2: It's the world wires on news dogs. They'd be drive.

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Speaker 3: Israel is really ramping up its attacks on Syria. The

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Speaker 3: Israeli Defense Forces of Madia strikes against Syrian naval facilities,

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Speaker 3: and Asraeli troops have advanced further into the country today.

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Speaker 3: Here's the Israeli Defense Minister.

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Speaker 8: I hereby warn the rebel leaders in Syria whoever follows

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Speaker 8: Asad's path will end up like Asad. We will not

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Speaker 8: allow an extremist Islamic terrorist entity to act against Israel

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Speaker 8: across its borders and at the risk of its citizens.

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Speaker 8: Do whatever is necessary to remove that threat to Australia.

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Speaker 3: A car has been set on fire and properties have

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Speaker 3: been vandalized with anti Israel graffiti in Sydney. The New

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Speaker 3: South Wales Premier Chris Min's SEAS authorities are treating the

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Speaker 3: incident as a hate crime.

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Speaker 9: A violent act of destruction clearly anti Semitic design to

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Speaker 9: strike fear into the community that lives in this part

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Speaker 9: of Sydney. I want to make it clear that this

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Speaker 9: is antithetical and completely opposite to the kind of Community

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Speaker 9: and Society that we won in Australia in twenty twenty four.

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Speaker 3: And finally, this afternoon, the Spanish World Scrabble Championship has

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Speaker 3: been won by a man who doesn't actually speak Spanish.

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Speaker 3: Nigel Richard Richards is a Malaysia based in New Zealander.

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Speaker 3: He doesn't speak a lick of Spanish, but he did

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Speaker 3: reportedly memorize one hundred thousand Spanish words. Nigel is commonly

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Speaker 3: called the Tiger Woods of scrabble. He's won at least

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Speaker 3: five championships in English and one in French, which is

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Speaker 3: another language that he doesn't actually speak.

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Speaker 1: International correspondence with Ends and Eye Insurance Peace of Mind

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Speaker 1: for New Zealand Business.

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Speaker 3: Right now, we're going to our US correspondent, Dan Hutson. Dan,

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Speaker 3: what is the latest on the accused Manhattan shooter?

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Speaker 10: He are Ryan, Good afternoon. Well, he was denied bail

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Speaker 10: today in Pennsylvania. He's playing extradition to New York. He

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Speaker 10: was arrested yesterday, as we know that in Pennsylvania for

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Speaker 10: the alladed shooting death of the new United Healthcare CEO

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Speaker 10: Brian Thompson. Interesting though, today, I mean he was caught,

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Speaker 10: you know, going into court, and he arrived for his

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Speaker 10: extradition hearing and was just sort of yelling at the

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Speaker 10: at the media, saying, you know, whatever it means in

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Speaker 10: his terms, it's completely out of touch. It's an insult

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Speaker 10: to the intelligence of the American people. He got into

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Speaker 10: the court room, he was a little bit more composed.

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Speaker 10: And now we're finding that a book that was published

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Speaker 10: a number of years ago, back in twenty ten, and

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Speaker 10: the title is similar to the words that were found

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Speaker 10: on the shellcasing this near where the CEO was shot,

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Speaker 10: has risen to number two on Amazon's nonfiction bestsellers list.

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Speaker 3: How do you feel about this because the public, the

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Speaker 3: sentiment seems to me that this guy is a hero,

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Speaker 3: even though he's well, he's accused of shooting someone in

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Speaker 3: cold blood in the middle of a street in Manhattan.

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Speaker 10: This is I got to tell you, this is strange,

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Speaker 10: and I think it's something that a lot of people,

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Speaker 10: considering what happened, are still trying to wrap their heads around.

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Speaker 2: But you're right.

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Speaker 10: I mean, they're just marveling at his escape on that

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Speaker 10: e bike, and they've taken to social media like TikTok,

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Speaker 10: blue Sky and x and there was a lookalike contest

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Speaker 10: that was held in New York City and on Spotify

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Speaker 10: even there's these dedicated playlists, and it's just a head

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Speaker 10: scratcher about why this person has, you know, become this

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Speaker 10: fascination to so many people. The only thing one can

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Speaker 10: imagine is that there are so many people that are

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Speaker 10: frustrated with the healthcare system over here, as he appears

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Speaker 10: to have been that for some reason. This is how

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Speaker 10: they're they're showing it.

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Speaker 3: Yeah, yeah, fascinating to see how this plays out. Let's

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Speaker 3: talk about Mitch McConnell, the Republican senator. He's had a

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Speaker 3: bit of a health emergency at lunch.

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Speaker 10: Yeah, he had he had a fall yet he sprained

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Speaker 10: his wrist and he had some cuts to his face.

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Speaker 10: And this source said that he has always had a

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Speaker 10: weak leg from when he had polio as a child.

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Speaker 10: But I mean, he's eighty two. He's had a number

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Speaker 10: of health issues or a couple of incidents last year

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Speaker 10: where you thought this guy has to step down. I mean,

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Speaker 10: he just froze up when he was speaking to reporters.

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Speaker 10: I mean nothing, it was just like he glazed over over.

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Speaker 10: And there's been a lot of talk over the years

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Speaker 10: that he's just been too old to serve and that

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Speaker 10: he should have stood down and not run again. He's

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Speaker 10: refused to, and you know his term will continue until

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Speaker 10: January of twenty twenty seven. But you know, just another

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Speaker 10: one of those things. Agism was brought up, as it

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Speaker 10: was with Joe Biden earlier this year during the election.

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Speaker 3: It's a hard one, isn't it, because he's the one

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Speaker 3: that had that. He's stopped and steered like a deer

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Speaker 3: in a headlights for a couple of minutes, didn't they,

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Speaker 3: And it was he had to be led away. So yeah,

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Speaker 3: and you've got to feel for Mikeys and parts of

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Speaker 3: Melibu have been evacuated because of a huge wildfire.

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Speaker 10: I'll sell you this is just this is sort of

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Speaker 10: one of those things that you hope doesn't happen, just

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Speaker 10: because we get these Santa Ana wins blowing through southern

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Speaker 10: California even this time of the year over here, even

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Speaker 10: though we're heading into the winter months and we've had

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Speaker 10: wins up to ninety miles an hour.

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Speaker 2: There have been you know.

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Speaker 10: Humidities down to the single digits, and the power company

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Speaker 10: is shutting off power to tens of thousands of people

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Speaker 10: this in the hills near Pepperdine University, which is a

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Speaker 10: well known college out there. You've had celebrities, Patrick Dempsey shared,

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Speaker 10: Dick van Dyke, Mel Gibson has had a home out

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Speaker 10: there that have had to leave. And it's just unsettling

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Speaker 10: because we're seeing more and more of these kinds of

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Speaker 10: fires out here in California. We've had about maybe twenty

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Speaker 10: five hundred acres on this fire that's burning right now.

436
00:22:20,960 --> 00:22:23,679
Speaker 10: But as we've seen in the past, these fires, you know,

437
00:22:23,720 --> 00:22:25,800
Speaker 10: get out of control. It just takes a second like that,

438
00:22:25,920 --> 00:22:28,159
Speaker 10: and you know, we've lost hundreds of thousands of acres

439
00:22:28,160 --> 00:22:30,720
Speaker 10: and it's something that Californians have had to get used

440
00:22:30,760 --> 00:22:31,600
Speaker 10: to unfortunately.

441
00:22:32,000 --> 00:22:34,159
Speaker 3: Yeah, Dan, thank you very much for that. Great to

442
00:22:34,160 --> 00:22:36,160
Speaker 3: have you on the show. As always. Dan Mitchinson our

443
00:22:36,240 --> 00:22:40,280
Speaker 3: US correspondent. Time now eighteen away from five Ryan Bridge.

444
00:22:40,359 --> 00:22:42,479
Speaker 3: So we talked you just about the HTIs leader. This

445
00:22:42,560 --> 00:22:45,919
Speaker 3: is the group that the lead rebel group over in

446
00:22:46,000 --> 00:22:49,639
Speaker 3: Syria that managed to overthrow the fifty year regime of

447
00:22:50,040 --> 00:22:54,120
Speaker 3: the family of Bashia al Asad. So the Syrian rebels

448
00:22:54,119 --> 00:22:58,320
Speaker 3: have now named the preferred prime minister and it is

449
00:22:58,359 --> 00:23:00,639
Speaker 3: the guy that we mentioned yesterday he is the leader

450
00:23:00,680 --> 00:23:03,080
Speaker 3: of H two. Yes, he will be the new prime

451
00:23:03,080 --> 00:23:06,560
Speaker 3: minister to lead a transitional government to get them through

452
00:23:06,560 --> 00:23:10,320
Speaker 3: this period of uncertainty. Now, we spoke about him yesterday

453
00:23:10,320 --> 00:23:13,679
Speaker 3: because we took his transition from sort of you know,

454
00:23:13,880 --> 00:23:18,679
Speaker 3: jihadi terrorist fighting in the desert to now potential politician

455
00:23:18,800 --> 00:23:22,200
Speaker 3: has been something to kind of marvel. He changed his name,

456
00:23:22,840 --> 00:23:25,119
Speaker 3: he changed the way that he dressed to try and

457
00:23:25,160 --> 00:23:29,920
Speaker 3: appeal to Western society, and it seems to have kind

458
00:23:29,920 --> 00:23:33,800
Speaker 3: of worked. He's now been declared, albeit by the rebel groups,

459
00:23:33,840 --> 00:23:37,120
Speaker 3: as the prime minister. What's interesting here is H two

460
00:23:37,160 --> 00:23:41,800
Speaker 3: ys that lead rebel group has ties to al Qaeda.

461
00:23:42,080 --> 00:23:44,480
Speaker 3: So where does this leave Like the United States, the

462
00:23:44,560 --> 00:23:48,280
Speaker 3: UK and even the yu N do you recognize a

463
00:23:48,359 --> 00:23:51,520
Speaker 3: guy who used to be part of a group associated

464
00:23:51,560 --> 00:23:55,720
Speaker 3: with al Qaeder? I mean HTS was designated a terrorist organization.

465
00:23:55,840 --> 00:23:59,360
Speaker 3: Do you just, oh, well, forget about his past. He's

466
00:23:59,400 --> 00:24:02,320
Speaker 3: in charge noww It'll be interesting to see what they

467
00:24:02,359 --> 00:24:05,480
Speaker 3: do that The Gulf states surrounding Syria have done exactly that.

468
00:24:05,640 --> 00:24:08,280
Speaker 3: But what will the West do? We'll have to wait

469
00:24:08,280 --> 00:24:11,679
Speaker 3: and see. Seventeen away from five News Talk set B.

470
00:24:12,040 --> 00:24:15,080
Speaker 1: The Politics was centric credit, check your customers and get

471
00:24:15,080 --> 00:24:15,960
Speaker 1: payment certainty.

472
00:24:16,800 --> 00:24:18,600
Speaker 3: Great to have your company this afternoon. Great to have

473
00:24:18,640 --> 00:24:21,159
Speaker 3: the company of Varry Sofa. Senior political correspondent. What a

474
00:24:21,200 --> 00:24:23,560
Speaker 3: big Well it's a big day, but sort of nothing

475
00:24:23,560 --> 00:24:25,800
Speaker 3: in it Sandwich today.

476
00:24:25,800 --> 00:24:30,480
Speaker 11: Well you know that the National Party and those that

477
00:24:30,560 --> 00:24:35,080
Speaker 11: are in government used to pillary the Labor government for

478
00:24:35,160 --> 00:24:38,800
Speaker 11: making an announcement about an announcement. Well, this is exactly

479
00:24:38,920 --> 00:24:42,400
Speaker 11: what this coalition government has done today. We were led

480
00:24:42,440 --> 00:24:46,240
Speaker 11: to believe we were going to hear about two new ferries,

481
00:24:47,080 --> 00:24:50,800
Speaker 11: and we were going to hear about the break fee,

482
00:24:51,000 --> 00:24:54,280
Speaker 11: which I think probably is three hundred million dollars, but

483
00:24:54,359 --> 00:24:56,960
Speaker 11: I've delayed that because they want the year to end

484
00:24:57,000 --> 00:25:02,280
Speaker 11: on a high. But unfortunately the track that Chris Luckson

485
00:25:02,320 --> 00:25:05,840
Speaker 11: has always said the government's on, they've just come off

486
00:25:05,920 --> 00:25:10,600
Speaker 11: that track now because any expectation that we had that

487
00:25:10,880 --> 00:25:13,159
Speaker 11: a year on we're going to see the plan for

488
00:25:13,200 --> 00:25:16,439
Speaker 11: the new fairies has gone by the wayside. Setting up

489
00:25:16,440 --> 00:25:18,920
Speaker 11: a new company, a state owned company.

490
00:25:18,760 --> 00:25:20,920
Speaker 3: No director's appointed till next year.

491
00:25:21,080 --> 00:25:23,480
Speaker 11: No, that's right, And you know, how can you say

492
00:25:23,920 --> 00:25:27,280
Speaker 11: it's going to be cheaper when you haven't.

493
00:25:27,040 --> 00:25:31,080
Speaker 3: Started negotiation exactly. I mean, you know, and the big cost,

494
00:25:31,200 --> 00:25:33,480
Speaker 3: let's not forget, was the land side cost. How do

495
00:25:33,520 --> 00:25:35,679
Speaker 3: you know the landside costs without knowing what fairies you're

496
00:25:35,720 --> 00:25:36,160
Speaker 3: going to buy?

497
00:25:36,280 --> 00:25:37,560
Speaker 4: Well, no, exactly.

498
00:25:37,600 --> 00:25:40,040
Speaker 11: And that was the problem with these big mothers, these

499
00:25:40,080 --> 00:25:43,680
Speaker 11: big fairies that they were going to buy. The infrastructure

500
00:25:43,680 --> 00:25:46,359
Speaker 11: on other side of the Strait couldn't accommodate them. So

501
00:25:46,720 --> 00:25:48,600
Speaker 11: why on earth they decided to buy them in the

502
00:25:48,600 --> 00:25:51,840
Speaker 11: fairst place? Anyway, Winston Peters though, he's to the rescue.

503
00:25:52,280 --> 00:25:53,240
Speaker 9: He's the new.

504
00:25:53,080 --> 00:25:56,040
Speaker 11: Minister of Rail. As you said, they haven't had one

505
00:25:56,080 --> 00:25:59,200
Speaker 11: of those for many a long year. And it was

506
00:25:59,240 --> 00:26:04,399
Speaker 11: Winston that coted Alan Greg Miller as a CEO of

507
00:26:04,560 --> 00:26:07,520
Speaker 11: key We Rail. He lasted just over two years and

508
00:26:07,600 --> 00:26:10,760
Speaker 11: left under something of a cloud, with allegations about his

509
00:26:10,880 --> 00:26:14,720
Speaker 11: management style being made against him. But in Parliament Chris

510
00:26:14,800 --> 00:26:17,960
Speaker 11: Luxen was left offending what would have to be seen

511
00:26:18,000 --> 00:26:19,080
Speaker 11: as the indefensible.

512
00:26:19,160 --> 00:26:21,320
Speaker 12: Here he is, I'm very proud to that today we

513
00:26:21,359 --> 00:26:25,440
Speaker 12: announced an incredibly fantastic, incredible plan to actually ensure we

514
00:26:25,480 --> 00:26:28,960
Speaker 12: have a resilience, safe and reliable crossing on the Cook Straight.

515
00:26:29,160 --> 00:26:31,560
Speaker 13: If he's so confident that the new inter Island fairies

516
00:26:31,600 --> 00:26:33,840
Speaker 13: are going to be such better value for money. Why

517
00:26:33,880 --> 00:26:36,440
Speaker 13: can't he tell New Zealanders one year on how much

518
00:26:36,480 --> 00:26:38,840
Speaker 13: they're going to cost, who's going to build them, when

519
00:26:38,840 --> 00:26:41,000
Speaker 13: they're going to arrive, whether they're going to be able

520
00:26:41,040 --> 00:26:43,000
Speaker 13: to have trains on them, and what the costs for

521
00:26:43,080 --> 00:26:44,240
Speaker 13: other users is going to be.

522
00:26:44,440 --> 00:26:48,679
Speaker 12: And that member's question just illustrates the economic illiteracy from

523
00:26:48,720 --> 00:26:51,720
Speaker 12: the other side. You don't reveal for commercial sensitive He

524
00:26:51,800 --> 00:26:53,440
Speaker 12: reasons the actual budget.

525
00:26:53,240 --> 00:26:56,760
Speaker 13: One year after canceling the order for the previous inter

526
00:26:56,880 --> 00:26:59,960
Speaker 13: island fairies, will he now tell the New Zealand public

527
00:27:00,200 --> 00:27:03,359
Speaker 13: how much the decision to cancel the fairies has cost?

528
00:27:04,000 --> 00:27:06,520
Speaker 12: As I said, our budgets are commercially sense that for

529
00:27:06,560 --> 00:27:08,919
Speaker 12: the reasons I've just tried to outline that member the

530
00:27:09,000 --> 00:27:11,399
Speaker 12: leader of the opposition is the arsonist who lights the

531
00:27:11,440 --> 00:27:14,000
Speaker 12: fire and then criticizes the fire brigade for trying to

532
00:27:14,040 --> 00:27:14,560
Speaker 12: put it out.

533
00:27:14,760 --> 00:27:17,000
Speaker 14: Is the Prime minister where that one of his minister's,

534
00:27:17,080 --> 00:27:19,520
Speaker 14: Minister Seymour, set on the bridge today that these fairies

535
00:27:19,520 --> 00:27:20,880
Speaker 14: will not be rail enabled.

536
00:27:21,200 --> 00:27:24,159
Speaker 12: These are fairies that will be rail compatible and they

537
00:27:24,200 --> 00:27:28,119
Speaker 12: will be that are much there.

538
00:27:28,200 --> 00:27:29,240
Speaker 3: The key isn't it there.

539
00:27:29,440 --> 00:27:32,040
Speaker 11: Well, Winston's on board now and we all know that

540
00:27:32,080 --> 00:27:35,119
Speaker 11: Winston wants them to be able to take trains on

541
00:27:35,240 --> 00:27:36,680
Speaker 11: board so they can continue there.

542
00:27:37,400 --> 00:27:40,359
Speaker 3: And does he want to be the Minister of Railways

543
00:27:40,359 --> 00:27:42,280
Speaker 3: that goes down in history as the guy who stopped

544
00:27:42,320 --> 00:27:45,560
Speaker 3: rail enablement between North and South. No, all right, and

545
00:27:45,720 --> 00:27:48,359
Speaker 3: the hukker defended its use defended in parliament today?

546
00:27:48,480 --> 00:27:51,840
Speaker 11: Oh well you know, only yesterday, of course the Maori

547
00:27:51,920 --> 00:27:55,880
Speaker 11: leadership was referred to the Parliamentary Privileges Committee. So too

548
00:27:56,000 --> 00:27:58,720
Speaker 11: was the young MP that led off the hakka, so

549
00:27:58,880 --> 00:28:02,240
Speaker 11: too was Penny hen Now you think they would wait

550
00:28:02,400 --> 00:28:06,120
Speaker 11: and keep their own counsel until the Privileges Committee met,

551
00:28:06,119 --> 00:28:10,359
Speaker 11: But not Narewapaka. She was on Radio New Zealand today.

552
00:28:10,960 --> 00:28:14,560
Speaker 11: She said that the haka isn't a protest, it's an

553
00:28:14,600 --> 00:28:17,399
Speaker 11: expression of who they are and we could all see

554
00:28:17,520 --> 00:28:19,600
Speaker 11: that in their house. I mean, there was no threat

555
00:28:19,640 --> 00:28:24,040
Speaker 11: to David Seymour. But if you think we've heard the

556
00:28:24,119 --> 00:28:26,920
Speaker 11: last of the hakker in parliamentary debate, then think again.

557
00:28:27,240 --> 00:28:30,080
Speaker 11: Have her listened to Noriwapaka armar inst today.

558
00:28:30,320 --> 00:28:33,640
Speaker 15: We have the right to express ourselves. You cannot hauck

559
00:28:33,760 --> 00:28:36,440
Speaker 15: us sitting in those cross spaces behind your BASc or

560
00:28:36,520 --> 00:28:40,400
Speaker 15: your bench. It was the right to express ourselves. Now

561
00:28:40,480 --> 00:28:44,800
Speaker 15: the unruly is young really the hypocrisy of that their

562
00:28:44,840 --> 00:28:49,040
Speaker 15: house doesn't interject, doesn't yale, doesn't point, doesn't get personal,

563
00:28:49,480 --> 00:28:52,400
Speaker 15: doesn't call people names. For goodness sake, we're talking about

564
00:28:52,440 --> 00:28:56,160
Speaker 15: parliament here. We have had people called, you know, all

565
00:28:56,200 --> 00:28:59,000
Speaker 15: sorts of name coins. The hacker was dignified. It was

566
00:28:59,040 --> 00:29:02,920
Speaker 15: an expression again of what and how we felt. Now

567
00:29:03,120 --> 00:29:06,200
Speaker 15: isn't that place to tell us when we're allowed to

568
00:29:06,240 --> 00:29:08,480
Speaker 15: be mildy and when we're not. We're allowed to express

569
00:29:08,480 --> 00:29:09,960
Speaker 15: ourselves and when we're not.

570
00:29:10,680 --> 00:29:13,479
Speaker 11: No, it's a place where you should know how to

571
00:29:13,520 --> 00:29:14,120
Speaker 11: be an MP.

572
00:29:14,640 --> 00:29:19,160
Speaker 3: And this is Parliament does not disallow hacker. And we've

573
00:29:19,160 --> 00:29:21,960
Speaker 3: been in parliament many times they I mean, every time

574
00:29:21,960 --> 00:29:24,240
Speaker 3: there's a treaty bill that's signed or something there is

575
00:29:24,240 --> 00:29:27,800
Speaker 3: a beautiful winter or hakker. Yes, it's not disallowed. No,

576
00:29:27,880 --> 00:29:30,360
Speaker 3: it's just the crossing the floor and they're waving the

577
00:29:30,400 --> 00:29:32,520
Speaker 3: hands in the face that there might be a problem

578
00:29:32,600 --> 00:29:33,480
Speaker 3: and no.

579
00:29:33,640 --> 00:29:36,440
Speaker 11: Rewa packer has ow pointing a finger at David Seymour

580
00:29:36,480 --> 00:29:39,640
Speaker 11: That looked to me very like a pistol. So you know,

581
00:29:40,080 --> 00:29:42,400
Speaker 11: I mean that is not good behavior and it should

582
00:29:42,400 --> 00:29:43,800
Speaker 11: be held to account.

583
00:29:43,560 --> 00:29:46,080
Speaker 3: Off to privileges. They go, Barry, thank you very much

584
00:29:46,120 --> 00:29:48,000
Speaker 3: for that. Great to see you. It's always better to

585
00:29:48,040 --> 00:29:50,880
Speaker 3: talk to you. Senior political correspondent with us for a

586
00:29:50,880 --> 00:29:53,400
Speaker 3: wrap of the day in politics. Eight to five News

587
00:29:53,440 --> 00:29:56,200
Speaker 3: Talk said b lots to come, including Winston Peters on

588
00:29:56,360 --> 00:29:57,800
Speaker 3: the Fairies after five.

589
00:29:58,520 --> 00:30:02,440
Speaker 1: Putting the time questions to the newspeakers, the mic hasking breakfast.

590
00:30:02,520 --> 00:30:05,560
Speaker 16: Banks have been busted refusing to bank some petrol station

591
00:30:05,640 --> 00:30:08,440
Speaker 16: owners because these guys sell fossil fields and fossil fields

592
00:30:08,440 --> 00:30:11,160
Speaker 16: are not cool anymore. Federated farmers have blown the whistle

593
00:30:11,160 --> 00:30:13,440
Speaker 16: on this one. In the National Board Member Richard McIntyre's

594
00:30:13,480 --> 00:30:13,840
Speaker 16: with us.

595
00:30:13,720 --> 00:30:15,760
Speaker 17: And we've had quite a few petrol station owners as

596
00:30:15,800 --> 00:30:17,400
Speaker 17: you reach out to us, and one of them has

597
00:30:17,400 --> 00:30:19,960
Speaker 17: actually given us a letter from vend saying they can

598
00:30:20,040 --> 00:30:22,520
Speaker 17: have no further ending from here on in and that's

599
00:30:22,600 --> 00:30:24,120
Speaker 17: they have to begin repaying all.

600
00:30:24,040 --> 00:30:25,880
Speaker 18: Of their debt and it has to be repaid by

601
00:30:25,960 --> 00:30:26,640
Speaker 18: twenty thirty.

602
00:30:26,720 --> 00:30:29,560
Speaker 17: These are small business owners that provide a service to

603
00:30:29,600 --> 00:30:31,720
Speaker 17: New Zealanders in general, and so for the banks decline

604
00:30:31,760 --> 00:30:33,600
Speaker 17: and to fund them and consider them to be negative

605
00:30:33,680 --> 00:30:35,880
Speaker 17: while the reservation is actually consider them to be a

606
00:30:35,960 --> 00:30:37,880
Speaker 17: vital service is just ridiculous either.

607
00:30:38,000 --> 00:30:41,440
Speaker 1: Duplessy Allen on the mic Hosking Breakfast Back tomorrow at

608
00:30:41,480 --> 00:30:44,840
Speaker 1: six am with the Jaguar f Base on Newstalks dead B.

609
00:30:47,360 --> 00:30:49,800
Speaker 3: News Talks THEREB has just gone five away from five.

610
00:30:50,080 --> 00:30:53,360
Speaker 3: Woolworth has confirmed today that their Christmas pudding sales are

611
00:30:53,400 --> 00:30:55,640
Speaker 3: up forty percent on last year. What do you know,

612
00:30:56,200 --> 00:30:58,640
Speaker 3: hideous thing to eat? Don't give it as a gift

613
00:30:58,760 --> 00:31:02,800
Speaker 3: because it's like poison for people. I wouldn't recommend that,

614
00:31:02,840 --> 00:31:04,560
Speaker 3: but anyway, apparently there'll be lots of it this Christmas

615
00:31:04,560 --> 00:31:07,080
Speaker 3: because sales are up forty percent. I suppose that's good.

616
00:31:07,080 --> 00:31:10,080
Speaker 3: It means people are spending money this Christmas. Also interesting

617
00:31:10,240 --> 00:31:14,240
Speaker 3: is ham topping lamb as our favorite Christmas meat. This

618
00:31:14,280 --> 00:31:17,280
Speaker 3: is according to a survey Retail Meat New Zealand's Great

619
00:31:17,360 --> 00:31:20,719
Speaker 3: Key We Christmas Survey. They reckon thirty four point eight

620
00:31:20,720 --> 00:31:23,560
Speaker 3: percent of us will serve ham as our main protein,

621
00:31:24,920 --> 00:31:27,400
Speaker 3: lamb thirty four point six. So I mean it's pretty close.

622
00:31:27,440 --> 00:31:31,520
Speaker 3: It's a toss up really between ham and lamb. Turkey.

623
00:31:31,840 --> 00:31:35,280
Speaker 3: A few people doing turkey, but not many. My grandma

624
00:31:35,320 --> 00:31:39,680
Speaker 3: does ham. She does cold ham. She doesn't glaze it,

625
00:31:40,160 --> 00:31:42,800
Speaker 3: and I've told her this before. It's kind of funny

626
00:31:42,800 --> 00:31:45,280
Speaker 3: because her name is Pam, so it's Pam's ham. But

627
00:31:45,440 --> 00:31:48,800
Speaker 3: Pam's ham is quite dry. And I much prefer lamb

628
00:31:48,800 --> 00:31:50,920
Speaker 3: because you get a lot of fat around it, you know,

629
00:31:51,280 --> 00:31:54,040
Speaker 3: and all you need to do with lamb, even if

630
00:31:54,040 --> 00:31:56,600
Speaker 3: it's cold that's been on the fridge overnight, just check

631
00:31:56,600 --> 00:31:58,760
Speaker 3: it in the microwave and that fat will warm up

632
00:31:58,800 --> 00:32:03,520
Speaker 3: and it'll just absolutely beautiful, lovely and fatty. It's my

633
00:32:03,520 --> 00:32:09,320
Speaker 3: favorite meat. Turkey. Turkey is the driest of them all.

634
00:32:09,480 --> 00:32:11,960
Speaker 3: I tried to do turkey one Christmas because my family

635
00:32:11,960 --> 00:32:14,000
Speaker 3: all came up to Aukland. They live in Wellington, and

636
00:32:14,080 --> 00:32:15,560
Speaker 3: I thought, right or to do a fancy Christmas. I

637
00:32:15,600 --> 00:32:18,840
Speaker 3: went to Pharaoh the fancy supermarket, spent an absolute fortune

638
00:32:18,880 --> 00:32:22,240
Speaker 3: and they gave you a turkey which I cooked in

639
00:32:22,280 --> 00:32:25,160
Speaker 3: the oven and it was, honestly, it gave Pam's ham

640
00:32:25,200 --> 00:32:27,200
Speaker 3: a run for her money in terms of dryness.

641
00:32:27,400 --> 00:32:29,840
Speaker 19: It was just I was about to suggest r and

642
00:32:29,840 --> 00:32:30,800
Speaker 19: I was like, you see, to have a lot of

643
00:32:30,800 --> 00:32:32,360
Speaker 19: thoughts on how the ham could be done. So maybe

644
00:32:32,360 --> 00:32:34,360
Speaker 19: instead of Pam, maybe you could take it to this Christ.

645
00:32:34,520 --> 00:32:36,440
Speaker 3: Well, I don't know that. I'm much better. I think

646
00:32:36,440 --> 00:32:39,920
Speaker 3: the apple doesn't fall far from that tree. We'll be

647
00:32:39,960 --> 00:33:03,120
Speaker 3: back with Winston Peters after the News Money.

648
00:33:06,000 --> 00:33:09,200
Speaker 1: The only drive show you can trust to ask the questions,

649
00:33:09,320 --> 00:33:12,800
Speaker 1: get the answers, find the facts and give the analysis.

650
00:33:12,960 --> 00:33:16,120
Speaker 1: Ryan Bridge on here the duplessy Ellen Drive with one

651
00:33:16,200 --> 00:33:19,720
Speaker 1: New Zealand let's get connected news talk as they'd be.

652
00:33:20,560 --> 00:33:23,400
Speaker 3: Seven after five YEWS talks, there'd be plenty of questions

653
00:33:23,400 --> 00:33:26,240
Speaker 3: had been left unanswered this afternoon. On the future of

654
00:33:26,280 --> 00:33:29,840
Speaker 3: the inter Islander ferries, Finance Minister Nicola willis As announced

655
00:33:29,880 --> 00:33:33,080
Speaker 3: there will be two new fairies, but won't say how

656
00:33:33,120 --> 00:33:35,600
Speaker 3: much money has been set aside for the project or

657
00:33:35,680 --> 00:33:38,920
Speaker 3: whether the fairies will be rail enabled. A new current

658
00:33:38,960 --> 00:33:41,520
Speaker 3: company will be established to procure the new ferries to

659
00:33:41,600 --> 00:33:44,520
Speaker 3: begin service by twenty twenty nine. Remember the other ones

660
00:33:44,520 --> 00:33:47,160
Speaker 3: would have been in operation inside the next couple of years.

661
00:33:47,720 --> 00:33:52,040
Speaker 3: Winston Peters has been appointed the Minister for Rail. Minister,

662
00:33:52,080 --> 00:33:53,600
Speaker 3: thank you for being with me on the show. It's

663
00:33:53,640 --> 00:33:57,360
Speaker 3: great to have you here. How much money? How much

664
00:33:57,960 --> 00:34:00,640
Speaker 3: have we saved as taxpayers on this deal.

665
00:34:01,560 --> 00:34:04,120
Speaker 4: Oh look, those questions, as I told the media today,

666
00:34:04,160 --> 00:34:06,840
Speaker 4: cannot be answered in the first hour or two. Have

667
00:34:07,000 --> 00:34:09,400
Speaker 4: taken over a new portfolios and Minister for railways. But

668
00:34:09,440 --> 00:34:12,200
Speaker 4: I've done it before and turn the railways around between

669
00:34:12,239 --> 00:34:15,400
Speaker 4: seventeen and twenty and so we're setting out again and

670
00:34:15,400 --> 00:34:17,480
Speaker 4: by our first award will be consolting with all the

671
00:34:17,520 --> 00:34:20,000
Speaker 4: people that are involved. So we ensure that when we

672
00:34:20,080 --> 00:34:22,200
Speaker 4: go forward, because all the information we need to make proper,

673
00:34:22,280 --> 00:34:24,799
Speaker 4: sound and frugal decisions.

674
00:34:25,600 --> 00:34:29,120
Speaker 3: Will it be cheaper than the previous cost of three billion?

675
00:34:29,120 --> 00:34:31,080
Speaker 3: Ods well, the.

676
00:34:31,120 --> 00:34:34,200
Speaker 4: Previous cost that actually was said by Treasury to be

677
00:34:34,320 --> 00:34:37,400
Speaker 4: when we got to government heading towards four billion and

678
00:34:37,480 --> 00:34:40,560
Speaker 4: more so. Yet it'll be massively cheaper than what we

679
00:34:40,600 --> 00:34:41,360
Speaker 4: were inherited.

680
00:34:41,719 --> 00:34:43,440
Speaker 3: How can you say that when you don't know what

681
00:34:43,480 --> 00:34:44,239
Speaker 3: the cost will be.

682
00:34:44,239 --> 00:34:47,799
Speaker 4: Yet They've got some experience in this matter, know bit

683
00:34:47,840 --> 00:34:50,520
Speaker 4: about the markets and no bit about commerce. The last

684
00:34:50,520 --> 00:34:51,960
Speaker 4: thing you do is tell the market what you're going

685
00:34:52,000 --> 00:34:54,480
Speaker 4: to pay. That's not how you do business. We want

686
00:34:54,480 --> 00:34:55,960
Speaker 4: to get the best deal for the taxpayer.

687
00:34:56,600 --> 00:34:58,880
Speaker 3: We just have to trust that you'll be able to

688
00:34:58,880 --> 00:34:59,120
Speaker 3: do that.

689
00:35:01,040 --> 00:35:03,160
Speaker 4: Well, this is not asking them to trust you. That's

690
00:35:03,160 --> 00:35:05,359
Speaker 4: the wise way you're going about it. If you're going

691
00:35:05,400 --> 00:35:07,920
Speaker 4: out there using taxpayers money, hardened as it is, it's

692
00:35:08,320 --> 00:35:10,680
Speaker 4: paid for by taxpayers in your job is to use

693
00:35:10,719 --> 00:35:12,279
Speaker 4: it wisely. And now I'm going to do that as

694
00:35:12,320 --> 00:35:14,680
Speaker 4: I did when I was last Minister of Rails. And

695
00:35:14,680 --> 00:35:18,240
Speaker 4: when we turn things around quite dramatically, all the tunnels

696
00:35:18,320 --> 00:35:22,880
Speaker 4: up north, all seventeen tunnels were lowered, the Hillstop Workshop,

697
00:35:23,040 --> 00:35:26,200
Speaker 4: Hilllid Workshop, and Needin was revived. It's operating now. All

698
00:35:26,200 --> 00:35:27,279
Speaker 4: these things were done back then.

699
00:35:28,440 --> 00:35:32,359
Speaker 3: Will the overall cost, including the cost the ports might

700
00:35:32,360 --> 00:35:35,080
Speaker 3: be wearing that everybody else involved might be wearing, be

701
00:35:35,239 --> 00:35:37,680
Speaker 3: lower than the overall cost of the previous project?

702
00:35:38,480 --> 00:35:40,360
Speaker 4: Way way lower? Yes?

703
00:35:41,520 --> 00:35:43,640
Speaker 3: Do you have confidence in kb rail? And are you

704
00:35:43,719 --> 00:35:45,560
Speaker 3: now the minister in charge of kb rail?

705
00:35:47,360 --> 00:35:49,440
Speaker 4: So I'm the medicine in charge of t rail, that's true.

706
00:35:49,440 --> 00:35:51,520
Speaker 4: And the second thing is I'm going to have a

707
00:35:51,840 --> 00:35:54,279
Speaker 4: chat downtown and see what they've got to say for themselves.

708
00:35:54,640 --> 00:35:58,000
Speaker 4: But this was a project which I instructed them to

709
00:35:58,040 --> 00:36:02,200
Speaker 4: go out in May and buy two fairies at the

710
00:36:02,239 --> 00:36:05,759
Speaker 4: price of four hundred point one million dollars and look

711
00:36:05,760 --> 00:36:08,440
Speaker 4: what we ended up with. Four billion dollars called a treasury,

712
00:36:08,920 --> 00:36:13,280
Speaker 4: because what they ended up doing was to buy fairies

713
00:36:13,280 --> 00:36:16,400
Speaker 4: which were only twenty percent percent of the cost, and

714
00:36:16,560 --> 00:36:18,640
Speaker 4: all the rest was infrastructure that nobody foresaw.

715
00:36:19,080 --> 00:36:19,319
Speaker 6: I know.

716
00:36:19,400 --> 00:36:21,279
Speaker 3: But the thing is, you still don't know what the

717
00:36:21,320 --> 00:36:23,560
Speaker 3: cost of the infrastructure of the port side will be either

718
00:36:23,840 --> 00:36:25,719
Speaker 3: for the new fairies that you don't know how much

719
00:36:25,760 --> 00:36:26,200
Speaker 3: will cost.

720
00:36:26,760 --> 00:36:29,239
Speaker 4: I'll have a serious idea on that, because I know

721
00:36:29,400 --> 00:36:31,160
Speaker 4: what kind of ferry we're looking for.

722
00:36:31,760 --> 00:36:37,160
Speaker 3: And what kind of fury is that.

723
00:36:35,360 --> 00:36:37,120
Speaker 4: One that will do the job probably and going to

724
00:36:37,320 --> 00:36:40,959
Speaker 4: the next few decades, and a sound proposition which needs

725
00:36:40,960 --> 00:36:43,480
Speaker 4: to be up and going in twenty twenty nine.

726
00:36:43,880 --> 00:36:46,680
Speaker 3: Will they be bigger than the current feries, but smaller

727
00:36:46,719 --> 00:36:48,879
Speaker 3: than the ones we won't get?

728
00:36:49,840 --> 00:36:52,440
Speaker 4: Oh possibly talking two hundred meters.

729
00:36:52,280 --> 00:36:54,719
Speaker 3: Okay, so so bigger than the current ones.

730
00:36:55,520 --> 00:36:58,200
Speaker 4: Yeah, but not the ones that they had ordered. No,

731
00:36:58,280 --> 00:37:01,719
Speaker 4: those were massive, and they were massive infrastructure which no

732
00:37:01,760 --> 00:37:04,040
Speaker 4: one was told about until all of a sudden in

733
00:37:04,080 --> 00:37:06,440
Speaker 4: twenty twenty one we found out that a four hundred

734
00:37:06,440 --> 00:37:09,239
Speaker 4: point one million dollar project had blown out and was

735
00:37:09,440 --> 00:37:12,279
Speaker 4: building costs and we had no way of turning it

736
00:37:12,360 --> 00:37:14,120
Speaker 4: around if we kept it going.

737
00:37:14,080 --> 00:37:16,600
Speaker 3: Which brings us back to Kiwi Rail. We're going to

738
00:37:16,640 --> 00:37:20,920
Speaker 3: be buying two ships for more than we were going

739
00:37:21,160 --> 00:37:23,040
Speaker 3: two smaller ships for more than we were going to

740
00:37:23,040 --> 00:37:26,719
Speaker 3: pay for two bigger ones. And KiwiRail is the organization

741
00:37:26,880 --> 00:37:29,719
Speaker 3: that stuffed this whole thing up, and you still have

742
00:37:29,800 --> 00:37:31,000
Speaker 3: confidence in them.

743
00:37:31,600 --> 00:37:32,759
Speaker 4: Did I say had conference in them?

744
00:37:33,200 --> 00:37:33,480
Speaker 3: Do you know?

745
00:37:33,560 --> 00:37:33,600
Speaker 11: No?

746
00:37:33,680 --> 00:37:36,480
Speaker 4: I didn't, and so I didn't answer your question. I said,

747
00:37:36,480 --> 00:37:37,920
Speaker 4: I'm going to go. I don't have a tap them

748
00:37:37,920 --> 00:37:40,479
Speaker 4: before I started giving going to put enough off my head.

749
00:37:41,520 --> 00:37:42,840
Speaker 4: I want to hear this side of the story.

750
00:37:44,080 --> 00:37:47,080
Speaker 3: Are you worried about weather issues? If we've only got

751
00:37:47,120 --> 00:37:51,439
Speaker 3: two ships and they are two hundred meters long, one

752
00:37:51,480 --> 00:37:54,600
Speaker 3: goes out of action, we're becoming a bit vulnerable.

753
00:37:56,760 --> 00:37:59,439
Speaker 4: Well no, see, people aren't looking at all the permutations

754
00:37:59,560 --> 00:38:02,759
Speaker 4: of four decision making. I am, and that's why there

755
00:38:02,760 --> 00:38:05,719
Speaker 4: are things in my for planning which I have never

756
00:38:05,760 --> 00:38:08,200
Speaker 4: been mentioned publicly yet. Because to go to the market

757
00:38:08,239 --> 00:38:10,520
Speaker 4: you have to have a plan, and that plan is

758
00:38:10,520 --> 00:38:13,080
Speaker 4: going to be formulated with speed over the next few months.

759
00:38:15,480 --> 00:38:17,520
Speaker 3: When can we see the report from the working group?

760
00:38:19,920 --> 00:38:21,760
Speaker 4: Oh, well, you'd have to try it on the official

761
00:38:22,000 --> 00:38:25,399
Speaker 4: information that can see how you go. The question really

762
00:38:25,440 --> 00:38:27,800
Speaker 4: is whether there's any commissional sensitive information here that you

763
00:38:27,840 --> 00:38:31,920
Speaker 4: can't get because that would be contradictory to wise decision

764
00:38:31,960 --> 00:38:34,600
Speaker 4: making and Wise's business on ownership?

765
00:38:34,640 --> 00:38:39,160
Speaker 3: Can you rule out private investment or a mixed ownership model.

766
00:38:39,520 --> 00:38:44,280
Speaker 4: I have not talked about privatization, the poblitic mixed ownership model,

767
00:38:44,320 --> 00:38:47,000
Speaker 4: like all other aspects would be in the mixed sifty consider.

768
00:38:47,440 --> 00:38:50,560
Speaker 4: But let's see and we go out there that actually

769
00:38:50,560 --> 00:38:53,040
Speaker 4: when we're making decisions, knowing what we're talking about, rather

770
00:38:53,040 --> 00:38:55,560
Speaker 4: than guesswork and acting like an adar and octopus, which

771
00:38:55,560 --> 00:38:58,040
Speaker 4: the previous regime was tossing money around all over the

772
00:38:58,040 --> 00:39:00,360
Speaker 4: place and no one knew what the costs got to do?

773
00:39:00,560 --> 00:39:03,200
Speaker 3: Minister? What's taken so long? It's been a year since

774
00:39:03,239 --> 00:39:06,600
Speaker 3: these ferries were canceled, it's been six months since the

775
00:39:06,640 --> 00:39:09,480
Speaker 3: report came in from the working group. We haven't even

776
00:39:09,520 --> 00:39:12,040
Speaker 3: got a procurement company set up yet, there's not a

777
00:39:12,080 --> 00:39:15,319
Speaker 3: director being appointed until next year. What's been going on?

778
00:39:16,360 --> 00:39:18,400
Speaker 4: Well, the article four companies going to be set up

779
00:39:18,520 --> 00:39:21,560
Speaker 4: very quickly. The shareholding ministers are the Minster Finance and

780
00:39:21,600 --> 00:39:24,160
Speaker 4: me and we'll get on with the job. Now you're

781
00:39:24,200 --> 00:39:26,680
Speaker 4: asking me after four hours in the job to explain

782
00:39:26,840 --> 00:39:29,040
Speaker 4: what's gone on in the past. Well, i'll let you

783
00:39:29,080 --> 00:39:31,560
Speaker 4: know when I found out all those things and myself.

784
00:39:32,239 --> 00:39:34,160
Speaker 3: Why are you suddenly the Minister of rail.

785
00:39:35,800 --> 00:39:38,640
Speaker 4: Because I had the job and turned rail around, turned

786
00:39:38,840 --> 00:39:42,600
Speaker 4: railways around. You recall in twenty seventeen they've been run

787
00:39:42,600 --> 00:39:46,200
Speaker 4: down and being shut down all over the place, and

788
00:39:46,280 --> 00:39:48,319
Speaker 4: I turned that around. And so I think that the

789
00:39:48,680 --> 00:39:50,839
Speaker 4: Minister has confidence that the person did it probably one

790
00:39:50,880 --> 00:39:53,120
Speaker 4: time can do the same job a second time. Whose

791
00:39:53,200 --> 00:39:56,240
Speaker 4: idea was but this is not my first railway rodeo.

792
00:39:57,080 --> 00:40:01,960
Speaker 3: Whose idea was it? What do you mean to come

793
00:40:02,000 --> 00:40:03,840
Speaker 3: back to bring back the Minister of rail.

794
00:40:05,600 --> 00:40:07,880
Speaker 4: Oh, it's just a white suggestion that somebody made.

795
00:40:08,440 --> 00:40:10,040
Speaker 3: Would that somebody be you, minister?

796
00:40:12,080 --> 00:40:14,520
Speaker 4: Well, you know as well as I do that modesty

797
00:40:14,600 --> 00:40:15,439
Speaker 4: is my middle name.

798
00:40:16,560 --> 00:40:20,680
Speaker 3: Camera doesn't talk about how sweet it is only on.

799
00:40:20,719 --> 00:40:22,560
Speaker 4: The you're coming on you you're learning real.

800
00:40:22,480 --> 00:40:25,680
Speaker 3: Fars hey on the on the raid because rail is

801
00:40:25,680 --> 00:40:28,200
Speaker 3: obviously I mean you are now the Minister of Railways.

802
00:40:28,840 --> 00:40:31,919
Speaker 3: A cheap ship is not a rail enabled one, right,

803
00:40:32,000 --> 00:40:34,600
Speaker 3: So have you conceded that point to your colleagues?

804
00:40:35,640 --> 00:40:38,320
Speaker 4: No, I'm not considered anything at all, because, as I say,

805
00:40:39,120 --> 00:40:41,360
Speaker 4: your job when you get a job as a minister

806
00:40:41,480 --> 00:40:47,320
Speaker 4: to find out everything, and if there's got fifteen angles

807
00:40:47,360 --> 00:40:49,560
Speaker 4: to it, then find out all fifteen, not just act

808
00:40:49,560 --> 00:40:51,040
Speaker 4: on three of them. You might have found out about.

809
00:40:51,520 --> 00:40:53,640
Speaker 3: But you've got a fiscal eno like reportedly nine hundred

810
00:40:53,680 --> 00:40:55,480
Speaker 3: million dollars, you're not going to get rail enabled for that.

811
00:40:56,440 --> 00:40:58,879
Speaker 4: Well, again, that's not true. See that's what was lad

812
00:40:58,920 --> 00:41:02,239
Speaker 4: to TV three. You could patch us generally, inchwi you

813
00:41:02,320 --> 00:41:03,560
Speaker 4: pep on putting that stuff out.

814
00:41:04,960 --> 00:41:08,080
Speaker 3: That's false as that number is false?

815
00:41:08,160 --> 00:41:11,560
Speaker 4: Is it false? Yes, of course it is. Yes.

816
00:41:11,680 --> 00:41:13,959
Speaker 3: So so what what's the real number? More or less

817
00:41:13,960 --> 00:41:14,239
Speaker 3: than that?

818
00:41:14,840 --> 00:41:16,520
Speaker 4: Oh? So no, I knew you're going to go there,

819
00:41:16,640 --> 00:41:19,719
Speaker 4: but you just specified that. I told you. Here's the

820
00:41:19,719 --> 00:41:23,160
Speaker 4: problem question without I can be transparent.

821
00:41:23,080 --> 00:41:25,200
Speaker 3: Fair enough, fair enough, but here's what you're talking about.

822
00:41:25,239 --> 00:41:27,480
Speaker 4: But when you're talking about the market, the last thing

823
00:41:27,520 --> 00:41:28,759
Speaker 4: you go to the market and say is this is

824
00:41:28,760 --> 00:41:29,520
Speaker 4: what I'm better pay.

825
00:41:29,640 --> 00:41:31,600
Speaker 3: I understand that, I understand that.

826
00:41:31,560 --> 00:41:33,959
Speaker 4: But the problem your money is carefully you're.

827
00:41:34,239 --> 00:41:36,560
Speaker 3: The problem the public has is that we've been dicked

828
00:41:36,600 --> 00:41:38,759
Speaker 3: around on this for years now, and it feels like

829
00:41:38,760 --> 00:41:41,359
Speaker 3: we're being dipped further down the road because we don't

830
00:41:41,400 --> 00:41:42,920
Speaker 3: know how much are we're going to be paying for

831
00:41:42,960 --> 00:41:44,960
Speaker 3: these things we don't have we don't even have an

832
00:41:45,080 --> 00:41:47,120
Speaker 3: entity set up to buy them yet, and we've been

833
00:41:47,200 --> 00:41:49,080
Speaker 3: told trust us, we'll fix this.

834
00:41:50,840 --> 00:41:53,799
Speaker 4: Oh no, I'm not doing that. I'm saying that I

835
00:41:53,880 --> 00:41:57,640
Speaker 4: have taken railways on in the past and dramatically turned around,

836
00:41:57,719 --> 00:42:00,160
Speaker 4: going ask the unions, going to ask the maritime and

837
00:42:00,200 --> 00:42:02,200
Speaker 4: all those people whether they've got confidence I can do

838
00:42:02,239 --> 00:42:02,560
Speaker 4: this job.

839
00:42:02,600 --> 00:42:06,680
Speaker 3: Probably would you be happy to go down in history

840
00:42:06,760 --> 00:42:10,440
Speaker 3: as the railway minister who killed off rail enabled links

841
00:42:10,480 --> 00:42:11,720
Speaker 3: between North and South Island.

842
00:42:13,040 --> 00:42:15,680
Speaker 4: Look, I was just telling the media today, your colleagues,

843
00:42:15,680 --> 00:42:18,640
Speaker 4: if they were listening, that a man called Vogel built

844
00:42:18,680 --> 00:42:23,520
Speaker 4: more railways and ten years eighteen eighty seventy eighty eighties

845
00:42:23,920 --> 00:42:25,799
Speaker 4: than we did for the next on thirty years. We've

846
00:42:25,800 --> 00:42:27,279
Speaker 4: got a can do attitude and we're going to make

847
00:42:27,320 --> 00:42:29,920
Speaker 4: sure that rail is a key part of our future infrastructure.

848
00:42:31,080 --> 00:42:33,120
Speaker 3: Minister, thank you very much for your time. I appreciate

849
00:42:33,120 --> 00:42:35,600
Speaker 3: you coming on the program. That is the newly appointed

850
00:42:35,680 --> 00:42:43,520
Speaker 3: rail Minister Winston Peters sixteen after five, Ryan Bridge coming

851
00:42:43,560 --> 00:42:46,719
Speaker 3: up next. We're going to talk to the Auckland Grammar headmaster.

852
00:42:47,080 --> 00:42:50,080
Speaker 3: Why well, there's a very controversial opinion piece doing the

853
00:42:50,120 --> 00:42:53,480
Speaker 3: rounds about school prize givings. If you've got kids, you've

854
00:42:53,520 --> 00:42:55,680
Speaker 3: probably been attending them in the last couple of weeks.

855
00:42:56,200 --> 00:42:59,960
Speaker 3: Are they a good idea or are as this writer suggests,

856
00:43:00,719 --> 00:43:03,279
Speaker 3: are they actually doing our kids harm? We look at

857
00:43:03,280 --> 00:43:07,600
Speaker 3: that next. Okay, so here's a pinogree deal that is

858
00:43:07,680 --> 00:43:10,319
Speaker 3: so good we actually have to keep the full details

859
00:43:10,360 --> 00:43:13,560
Speaker 3: on the down low on tonight's show. It's available online

860
00:43:13,600 --> 00:43:15,759
Speaker 3: with the guys at the Good Wine Coat, and the

861
00:43:15,760 --> 00:43:19,440
Speaker 3: wine is being sold as the Mystery Marlborough Pinogreed twenty

862
00:43:19,440 --> 00:43:22,319
Speaker 3: twenty three. Now the wine's true label is on the

863
00:43:22,320 --> 00:43:24,640
Speaker 3: box and the bottle and is all revealed when it

864
00:43:24,719 --> 00:43:27,200
Speaker 3: lands on your doorstep. This is a wine that's won

865
00:43:27,320 --> 00:43:30,520
Speaker 3: a ton of very impressive awards, including ninety three out

866
00:43:30,560 --> 00:43:34,239
Speaker 3: of one hundred and Top Value Award with Master of

867
00:43:34,280 --> 00:43:38,280
Speaker 3: Wine Bob Campbell. It's Cuisine Magazine recommended, and was listed

868
00:43:38,320 --> 00:43:41,799
Speaker 3: in the Real Review's Top pino Greed twenty twenty three list.

869
00:43:42,280 --> 00:43:45,000
Speaker 3: To view the full details, you'll need to visit the website.

870
00:43:45,040 --> 00:43:47,759
Speaker 3: But let's just say that You're getting a seriously good

871
00:43:47,800 --> 00:43:50,480
Speaker 3: bottle of Pino Greed for just twelve ninety nine as

872
00:43:50,520 --> 00:43:53,480
Speaker 3: part of this mystery deal. And to seal it you'll

873
00:43:53,520 --> 00:43:57,120
Speaker 3: pay just a dollar per case delivery on your door

874
00:43:57,239 --> 00:44:00,600
Speaker 3: to your door anywhere in New Zealand. Conditions apply. Multi

875
00:44:00,640 --> 00:44:05,160
Speaker 3: award winning off dry style Marlbreppinogree going out the door

876
00:44:05,200 --> 00:44:07,680
Speaker 3: at an incredible twelve ninion one per bottle. Limited stock,

877
00:44:07,760 --> 00:44:10,040
Speaker 3: So get in quick order online right now the Good

878
00:44:10,120 --> 00:44:12,760
Speaker 3: Wineco dot Co dot NZ or call oh eight hundred

879
00:44:12,920 --> 00:44:16,320
Speaker 3: double six to two double six to two rayen Bridge.

880
00:44:16,800 --> 00:44:19,439
Speaker 3: It is just gone twenty after five. With the school

881
00:44:19,520 --> 00:44:22,080
Speaker 3: year coming to a close, students and parents are attending

882
00:44:22,120 --> 00:44:26,200
Speaker 3: their school prize givings. Discussion around where the student awards

883
00:44:26,239 --> 00:44:28,759
Speaker 3: are fair or not has come back up, with some

884
00:44:28,960 --> 00:44:32,719
Speaker 3: arguing it can make children feel discouraged when they don't win.

885
00:44:33,480 --> 00:44:35,919
Speaker 3: It was an opinion piece done published on One News today.

886
00:44:35,960 --> 00:44:37,160
Speaker 3: We'll get to that in a short and we'll get

887
00:44:37,160 --> 00:44:39,120
Speaker 3: to that in a second. Au Con Grammar Headmaster Tim

888
00:44:39,120 --> 00:44:43,359
Speaker 3: O'Connors with me tonight, Tim, good evening, good evening, right,

889
00:44:43,440 --> 00:44:46,200
Speaker 3: good to have you on the show. Let's start with

890
00:44:46,239 --> 00:44:48,280
Speaker 3: your school. What awards do you guys give out.

891
00:44:50,160 --> 00:44:53,319
Speaker 20: At prizegiving? So we have full school prize giving, So

892
00:44:53,640 --> 00:44:55,840
Speaker 20: Form three rights we to Form seven and one go

893
00:44:56,640 --> 00:45:00,760
Speaker 20: seven hundred and eighty prizes we hand out on that morning,

894
00:45:01,560 --> 00:45:09,719
Speaker 20: everything from sports prizes, performing arts, culture, character diligence, academic prizes,

895
00:45:09,840 --> 00:45:14,400
Speaker 20: special academic prizes leading to the pinnacle award, which is

896
00:45:14,440 --> 00:45:14,960
Speaker 20: the Ducks.

897
00:45:15,880 --> 00:45:19,120
Speaker 3: So how many here's the question, how many kids would

898
00:45:19,120 --> 00:45:20,880
Speaker 3: miss out on an award?

899
00:45:22,040 --> 00:45:24,760
Speaker 20: Well, if there's twenty seven hundred students in the school,

900
00:45:25,520 --> 00:45:27,439
Speaker 20: then you know just under two thousand.

901
00:45:27,840 --> 00:45:30,000
Speaker 3: Right, and do you feel bad for them? I mean,

902
00:45:30,120 --> 00:45:32,440
Speaker 3: should we feel bad for them? Is it a reason

903
00:45:32,560 --> 00:45:34,799
Speaker 3: not to do awards ceremonies?

904
00:45:35,920 --> 00:45:39,759
Speaker 20: No, not at all. Prize givings are an opportunity to

905
00:45:39,920 --> 00:45:43,080
Speaker 20: actually celebrate student achievement. It doesn't mean that everyone should

906
00:45:43,080 --> 00:45:46,640
Speaker 20: get an award. The concept of coming together as a

907
00:45:46,680 --> 00:45:51,359
Speaker 20: community actually described us at prize giving to remind our

908
00:45:51,360 --> 00:45:55,120
Speaker 20: boys of it is. It's actually it's a ritual or

909
00:45:55,120 --> 00:45:58,839
Speaker 20: a trait of education where actually we should learn how

910
00:45:58,840 --> 00:46:02,480
Speaker 20: to be a contributing member community and that includes being

911
00:46:02,520 --> 00:46:06,960
Speaker 20: able to respect high level achievements. It includes coming into

912
00:46:07,040 --> 00:46:10,440
Speaker 20: a formal occasion where there is a certain standard of

913
00:46:10,440 --> 00:46:13,320
Speaker 20: behavior that's expected in terms of the way you respond

914
00:46:13,560 --> 00:46:16,399
Speaker 20: to those who are crossing. Is a dress standard, it's

915
00:46:16,440 --> 00:46:19,920
Speaker 20: a sense of occasion, which is actually a part of

916
00:46:20,080 --> 00:46:23,840
Speaker 20: education where we're actually initiating young people into traditions and

917
00:46:23,960 --> 00:46:25,840
Speaker 20: ways of doing and ways of being.

918
00:46:26,880 --> 00:46:28,719
Speaker 3: This opinion piece and I know you've had a look

919
00:46:28,719 --> 00:46:31,400
Speaker 3: at it from Alice Waghorn, was published from the Conversation

920
00:46:31,520 --> 00:46:35,359
Speaker 3: I think in one use today says awards can lead

921
00:46:35,440 --> 00:46:38,839
Speaker 3: children to depend on external validation. When kids get used

922
00:46:38,840 --> 00:46:41,759
Speaker 3: to seeking approval through awards, they may struggle to find

923
00:46:41,840 --> 00:46:45,879
Speaker 3: self worth and motivation in their own efforts. I mean

924
00:46:45,880 --> 00:46:48,200
Speaker 3: that sounds like a little bit of nonsense to me,

925
00:46:48,320 --> 00:46:50,760
Speaker 3: But do you see any truth in that. Maybe for some.

926
00:46:50,719 --> 00:46:56,800
Speaker 20: Kids, perhaps it's dependent on age. But in a secondary environment,

927
00:46:57,560 --> 00:46:59,960
Speaker 20: we describe ourselves to the boys and we remind them

928
00:47:00,160 --> 00:47:04,440
Speaker 20: on a daily basis at assembly that we're a meritocratic environment.

929
00:47:04,520 --> 00:47:08,000
Speaker 20: At every single one of them enters our gates on

930
00:47:08,480 --> 00:47:12,560
Speaker 20: a daily basis, wearing the same uniform with the same opportunity,

931
00:47:13,680 --> 00:47:16,880
Speaker 20: and it really is dependent then on their attitude and

932
00:47:16,920 --> 00:47:20,680
Speaker 20: their work ethic as to the level of success or

933
00:47:20,719 --> 00:47:23,799
Speaker 20: the level of learning. That they experience so now year

934
00:47:24,000 --> 00:47:28,520
Speaker 20: i'd disagree. I actually shared in Prizegiving this year with

935
00:47:28,600 --> 00:47:31,399
Speaker 20: the boys a quote from New Zealand writer from cal

936
00:47:31,480 --> 00:47:36,160
Speaker 20: Steed who said, you can't create equality by legislation. You

937
00:47:36,160 --> 00:47:40,399
Speaker 20: can only create opportunity and let time and individuals.

938
00:47:39,800 --> 00:47:40,520
Speaker 4: Do their work.

939
00:47:40,840 --> 00:47:47,000
Speaker 20: Equality of opportunity is the moral principle. Inequality of talent, energy, commitment, intelligence,

940
00:47:47,040 --> 00:47:49,759
Speaker 20: strength of purse, purpose and will is a.

941
00:47:49,719 --> 00:47:50,560
Speaker 3: Fact of life.

942
00:47:50,920 --> 00:47:52,319
Speaker 20: And I'd wholly endorse that.

943
00:47:53,200 --> 00:47:55,479
Speaker 3: Quite refreshing to hear. Actually, thank you very much about

944
00:47:55,480 --> 00:47:58,640
Speaker 3: Tim O'Connor Aukin Grammar headmaster. It is twenty four after

945
00:47:58,719 --> 00:48:01,879
Speaker 3: five News Talk said bee to come including after six

946
00:48:01,920 --> 00:48:04,080
Speaker 3: we're going to talk Sorry after the news at five thirty,

947
00:48:04,080 --> 00:48:07,160
Speaker 3: We're going to talk to Auckland Airport about the flight

948
00:48:07,200 --> 00:48:09,200
Speaker 3: disruptions today. What the hell was behind that?

949
00:48:09,800 --> 00:48:11,800
Speaker 2: Hard questions? What's a strong opinion?

950
00:48:11,920 --> 00:48:15,120
Speaker 1: Ryan Bridge on Heather Duper c Allen Drive, where's one

951
00:48:15,200 --> 00:48:18,160
Speaker 1: New Zealand Let's get connected News Talk z B.

952
00:48:18,520 --> 00:48:21,480
Speaker 3: Twenty seven after five. My twenty twenty four word of

953
00:48:21,520 --> 00:48:25,319
Speaker 3: the Year is chipocrisy. When Chris Hipkins says something so

954
00:48:25,400 --> 00:48:29,080
Speaker 3: outrageously hypocritical it warrants its own entry in the dictionary.

955
00:48:29,600 --> 00:48:32,480
Speaker 3: Today he's actually managed to say something both outrageous and

956
00:48:33,000 --> 00:48:36,440
Speaker 3: outrageously hypocritical. He goes on iurn zed this morning and

957
00:48:36,640 --> 00:48:40,560
Speaker 3: essentially calls the Speaker of Parliament a racist. He said,

958
00:48:40,560 --> 00:48:44,640
Speaker 3: Brownlee was only referring Maldi MPs to the Privileges Committee

959
00:48:44,680 --> 00:48:47,480
Speaker 3: for a telling off over that hucker in Parliament, not

960
00:48:47,640 --> 00:48:50,759
Speaker 3: the others. Wow, this is the leader of the Opposition

961
00:48:51,000 --> 00:48:53,399
Speaker 3: on the Speaker of Parliament. And what did he mean

962
00:48:53,440 --> 00:48:55,920
Speaker 3: by that? He was asked and he said, quote, people

963
00:48:55,960 --> 00:48:59,560
Speaker 3: can draw their own conclusions. Clearly, the conclusion he's drawn

964
00:48:59,680 --> 00:49:02,479
Speaker 3: is that roundly is sending MPs to Parliament's court based

965
00:49:02,520 --> 00:49:05,480
Speaker 3: on the color of their skin. And just to clarify,

966
00:49:05,560 --> 00:49:07,719
Speaker 3: not everyone who did the hakka will go through privileges.

967
00:49:07,800 --> 00:49:10,239
Speaker 3: Only those who got out of their seats to cause

968
00:49:10,280 --> 00:49:13,279
Speaker 3: a disturbance to proceedings were referred. So not in the

969
00:49:13,320 --> 00:49:17,080
Speaker 3: real world, some racist crackdown. But it gets worse than that.

970
00:49:17,160 --> 00:49:19,280
Speaker 3: He goes on to defend an MP's right to stand

971
00:49:19,320 --> 00:49:21,520
Speaker 3: in the face of another MP, to cross the floor

972
00:49:21,560 --> 00:49:23,800
Speaker 3: and to get up in their grill. He refused to

973
00:49:23,840 --> 00:49:26,959
Speaker 3: condemn that behavior. This is the same guy who cried

974
00:49:27,040 --> 00:49:29,400
Speaker 3: foul when Tim vander Molan stood in front of Shaddon

975
00:49:29,440 --> 00:49:32,200
Speaker 3: Halbert's let Committee. Remember that the same guy who said

976
00:49:32,520 --> 00:49:34,920
Speaker 3: when Julian Jenta did a very similar thing up in

977
00:49:34,960 --> 00:49:38,640
Speaker 3: Deocey's grill, he said no mp should use intimidating behavior

978
00:49:38,640 --> 00:49:42,239
Speaker 3: in the House, and yet today a different tune. So

979
00:49:42,400 --> 00:49:46,439
Speaker 3: there is your hypocrisy. You see. Hipkins wants to turn

980
00:49:46,480 --> 00:49:48,600
Speaker 3: this into a race debate because he thinks it'll hurt

981
00:49:48,600 --> 00:49:52,120
Speaker 3: the government and thereby help him. But he's wrong. Hucker

982
00:49:52,239 --> 00:49:55,640
Speaker 3: and Wyater are expressions all parties welcome in Parliament, at

983
00:49:55,719 --> 00:49:58,080
Speaker 3: least they should. They happen all the time. I've witnessed

984
00:49:58,120 --> 00:50:03,480
Speaker 3: many over the years. Aproaching another's bench, intimidating and in

985
00:50:03,520 --> 00:50:08,040
Speaker 3: one case mimicking a gun are clearly a step too

986
00:50:08,080 --> 00:50:11,840
Speaker 3: far for the speaker and it's that behavior alone that

987
00:50:11,960 --> 00:50:15,879
Speaker 3: is under scrutiny. Here Bryan Bridge twenty nine after five

988
00:50:15,960 --> 00:50:18,920
Speaker 3: Auckland Airports on the show after the news at five

989
00:50:18,920 --> 00:50:23,200
Speaker 3: point thirty. They had some very annoying technical issues today

990
00:50:23,239 --> 00:50:24,040
Speaker 3: we'll get to the bottom of.

991
00:50:24,040 --> 00:50:33,200
Speaker 2: Dose digging deeper into the day's headlines.

992
00:50:33,360 --> 00:50:37,000
Speaker 1: It's Ryan Bridge on Heather duplass Ellen Drive with one

993
00:50:37,040 --> 00:50:37,640
Speaker 1: New Zealand.

994
00:50:37,760 --> 00:50:39,840
Speaker 2: Let's get connected us dog ZIB.

995
00:50:47,160 --> 00:50:50,160
Speaker 3: Twenty fair away from the sets. Newsforg ZIB after sex,

996
00:50:50,239 --> 00:50:52,600
Speaker 3: we're talking to the banks. Sp and Z in particular

997
00:50:53,120 --> 00:50:55,479
Speaker 3: has been under a lot of PreCure today over there

998
00:50:55,600 --> 00:50:59,200
Speaker 3: funding for petrol stations and rural areas. We're going to

999
00:50:59,239 --> 00:51:01,799
Speaker 3: speak to a petrol station owner after six. Stay tuned

1000
00:51:01,840 --> 00:51:04,680
Speaker 3: for that right now. It turns out those queues out

1001
00:51:04,719 --> 00:51:06,640
Speaker 3: the door at Auckland the airport this morning were caused

1002
00:51:06,680 --> 00:51:09,240
Speaker 3: by an issue with a switch. For several hours this morning,

1003
00:51:09,239 --> 00:51:11,799
Speaker 3: some airlines had to check in customers manually because they

1004
00:51:11,800 --> 00:51:15,120
Speaker 3: couldn't get the internet to work in twenty twenty four,

1005
00:51:15,560 --> 00:51:18,680
Speaker 3: leading to flights being delayed, a lot of disruption. Chloe

1006
00:51:18,680 --> 00:51:23,040
Speaker 3: Sarage's Auckland Airport's COO, Chief Operating Officer. She's with me tonight.

1007
00:51:23,200 --> 00:51:26,799
Speaker 3: Good evening, Hi Eran, thanks for having me Chloe. Who

1008
00:51:26,880 --> 00:51:28,520
Speaker 3: flipped the switch or didn't flip the switch?

1009
00:51:30,600 --> 00:51:30,880
Speaker 4: Listen?

1010
00:51:30,880 --> 00:51:32,680
Speaker 21: Can I just say first up, you know it has

1011
00:51:32,719 --> 00:51:34,680
Speaker 21: been a challenging day for travelers, so I just want

1012
00:51:34,719 --> 00:51:37,320
Speaker 21: to thank everybody who was traveling in and out today

1013
00:51:37,360 --> 00:51:40,600
Speaker 21: for their patients. You know, nobody wants their travel plans disrupted,

1014
00:51:40,840 --> 00:51:43,959
Speaker 21: so we just appreciated that. Now we've got a little

1015
00:51:43,960 --> 00:51:47,799
Speaker 21: bit more information on what created the fault. If you

1016
00:51:47,800 --> 00:51:49,400
Speaker 21: can give me a minute, I'll try and explain it

1017
00:51:49,480 --> 00:51:52,560
Speaker 21: very simply. I'm not a tech person, but basically what

1018
00:51:52,600 --> 00:51:56,640
Speaker 21: happens is, we've got a fiber network like every other place,

1019
00:51:57,040 --> 00:52:01,000
Speaker 21: plugs into communications switches, multiple of them. It connects into

1020
00:52:01,040 --> 00:52:04,560
Speaker 21: network providers and that's what all the businesses operate on

1021
00:52:04,640 --> 00:52:08,640
Speaker 21: at the airport. So today, when things happened, as tech

1022
00:52:08,680 --> 00:52:12,200
Speaker 21: teams do, they work through the elimination process, isolated the

1023
00:52:12,200 --> 00:52:15,480
Speaker 21: fault to a particular communication switch and that was in

1024
00:52:15,520 --> 00:52:18,120
Speaker 21: the domain of one of the network providers. So what

1025
00:52:18,280 --> 00:52:23,120
Speaker 21: happens ryan when that occurred this morning, that cuts internet

1026
00:52:23,239 --> 00:52:26,200
Speaker 21: access to the customers operating from that device, as you

1027
00:52:26,200 --> 00:52:29,920
Speaker 21: pointed out, and that impacted a lot of businesses, including

1028
00:52:29,960 --> 00:52:34,040
Speaker 21: the check and provider. So the fix was to, you know,

1029
00:52:34,120 --> 00:52:37,280
Speaker 21: work with the external network providers. The tech teams disabled

1030
00:52:37,280 --> 00:52:40,240
Speaker 21: the network connection and then they changed to a different

1031
00:52:40,239 --> 00:52:43,239
Speaker 21: internet provider and that brought everything back online. So that's

1032
00:52:43,320 --> 00:52:45,440
Speaker 21: kind of it in a nutshell.

1033
00:52:45,600 --> 00:52:47,840
Speaker 3: And you don't know how this switch flicked.

1034
00:52:49,480 --> 00:52:53,759
Speaker 21: No, it's more complicated than I can explain a little bit.

1035
00:52:54,080 --> 00:52:55,600
Speaker 21: But it's something to do with v land.

1036
00:52:55,760 --> 00:52:59,440
Speaker 3: So but that's so not It wasn't in the switch, right,

1037
00:52:59,480 --> 00:53:02,920
Speaker 3: So it's not like someone physically flicked a switch. No,

1038
00:53:03,640 --> 00:53:06,360
Speaker 3: there's some kind of computer program that has done of

1039
00:53:06,360 --> 00:53:07,040
Speaker 3: its own volition.

1040
00:53:08,400 --> 00:53:10,560
Speaker 21: Yeah, that's right, it's a fault within the switch, as

1041
00:53:10,560 --> 00:53:11,319
Speaker 21: I understand.

1042
00:53:11,360 --> 00:53:13,160
Speaker 3: Is it a worry that there is one switch that

1043
00:53:13,239 --> 00:53:15,600
Speaker 3: can do this? I mean, how many passengers affected today?

1044
00:53:16,719 --> 00:53:20,560
Speaker 21: And there are multiple switches ultimately and this. Yeah, you're right,

1045
00:53:20,640 --> 00:53:22,360
Speaker 21: you know there are. I'm not sure how many of

1046
00:53:22,360 --> 00:53:28,040
Speaker 21: these switches were faulty, but that does cause disruption, as

1047
00:53:28,080 --> 00:53:30,840
Speaker 21: you've pointed out. And so today we probably had about

1048
00:53:31,080 --> 00:53:36,400
Speaker 21: forty airlines running on delays departures, and then as that

1049
00:53:36,480 --> 00:53:39,000
Speaker 21: kind of has a knock on effect, probably about twenty

1050
00:53:39,160 --> 00:53:41,720
Speaker 21: arriving flights slightly delayed as well.

1051
00:53:41,840 --> 00:53:45,400
Speaker 3: I mean that's pretty major. Alex is just testing into

1052
00:53:45,400 --> 00:53:47,120
Speaker 3: the show. Why does the airport not have a fully

1053
00:53:47,160 --> 00:53:50,040
Speaker 3: redundant ring network? That makes this makes no sense at

1054
00:53:50,080 --> 00:53:51,040
Speaker 3: all in this day and age.

1055
00:53:52,080 --> 00:53:55,560
Speaker 21: Yeah, and listen, I appreciate all the questions. I'm probably

1056
00:53:55,600 --> 00:53:58,200
Speaker 21: not quite the right person to answer the very technical things,

1057
00:53:58,200 --> 00:54:01,000
Speaker 21: but what I can say from this is obviously we

1058
00:54:01,200 --> 00:54:04,400
Speaker 21: will be learning from it, but also our external network

1059
00:54:04,440 --> 00:54:07,800
Speaker 21: providers and other providers as well. So we're going to

1060
00:54:07,840 --> 00:54:11,160
Speaker 21: take this away and have a look at what redundancies

1061
00:54:11,160 --> 00:54:11,839
Speaker 21: can be put in place.

1062
00:54:11,920 --> 00:54:15,040
Speaker 3: Right, are other airports at vulnerable like this? Or is

1063
00:54:15,080 --> 00:54:17,960
Speaker 3: it just Auckland Airport that seems to have switches can

1064
00:54:18,000 --> 00:54:20,239
Speaker 3: be flicked and planes aren't able to land?

1065
00:54:20,840 --> 00:54:23,600
Speaker 21: Well, I think airports are pretty complex places. Generally, they've

1066
00:54:23,600 --> 00:54:26,319
Speaker 21: got a lot of local networks and then they've got

1067
00:54:26,400 --> 00:54:30,239
Speaker 21: the external providers and they are multiple businesses joined up,

1068
00:54:30,440 --> 00:54:33,600
Speaker 21: so they're pretty complex. Now I can't comment on any

1069
00:54:33,640 --> 00:54:37,600
Speaker 21: other airports of course and their level of resilience, but generally,

1070
00:54:37,880 --> 00:54:40,279
Speaker 21: you know, airports would all have the same, you know,

1071
00:54:40,400 --> 00:54:42,480
Speaker 21: types of types of questions.

1072
00:54:42,480 --> 00:54:45,760
Speaker 3: I suppose, all right, good luck with that. Close sounds complicated.

1073
00:54:45,760 --> 00:54:49,320
Speaker 3: Closed surage is the Auckland Airport COO. It is nineteen

1074
00:54:49,360 --> 00:54:50,320
Speaker 3: away from six.

1075
00:54:51,200 --> 00:54:55,440
Speaker 1: With New Zealand Southerby's international realty, local and global exposure

1076
00:54:55,640 --> 00:54:56,359
Speaker 1: like no other.

1077
00:54:57,120 --> 00:54:59,600
Speaker 3: Someone's saying, Ryan, you idiot, it's not like a light switch. Well,

1078
00:54:59,600 --> 00:55:01,640
Speaker 3: when you see the word switch, I mean, what else

1079
00:55:01,680 --> 00:55:04,759
Speaker 3: are you to think? What else are you to imagine right,

1080
00:55:04,840 --> 00:55:07,080
Speaker 3: let's go to our huddle. Jordan Williams, the tax pacing

1081
00:55:07,200 --> 00:55:09,839
Speaker 3: is with us tonight. Jordan good evening, Good Ay, Ryan

1082
00:55:09,960 --> 00:55:12,439
Speaker 3: and Jack Tames here, host of Saturday Mornings on ZB

1083
00:55:12,600 --> 00:55:13,440
Speaker 3: and Q and a gid a.

1084
00:55:13,560 --> 00:55:15,280
Speaker 6: Jack kel right.

1085
00:55:15,520 --> 00:55:17,520
Speaker 3: Good to have you guys on the show tonight. Jordan

1086
00:55:17,600 --> 00:55:20,920
Speaker 3: will start with you. Let's talk about those fairies. We

1087
00:55:21,000 --> 00:55:23,240
Speaker 3: don't well, what do we know? What can we talk about?

1088
00:55:23,280 --> 00:55:24,920
Speaker 3: I guess and we're a little light on detail.

1089
00:55:25,760 --> 00:55:26,520
Speaker 4: That's pretty much.

1090
00:55:26,440 --> 00:55:28,600
Speaker 22: The conversation I just said with my staff. You know,

1091
00:55:28,760 --> 00:55:31,080
Speaker 22: this is the we didn't really really I see infrastructuring,

1092
00:55:31,160 --> 00:55:34,399
Speaker 22: the other input out a release, welcoming the possibility that

1093
00:55:34,400 --> 00:55:38,080
Speaker 22: there could be some external capital or a public private partnership.

1094
00:55:38,080 --> 00:55:39,840
Speaker 22: But on the other hand, you look at this and

1095
00:55:39,880 --> 00:55:42,720
Speaker 22: this is the announcement you have when basically a cabinet

1096
00:55:42,920 --> 00:55:45,319
Speaker 22: Nikola Willis has had to say, guys, I know we

1097
00:55:45,360 --> 00:55:46,640
Speaker 22: can't agree anything.

1098
00:55:46,280 --> 00:55:48,360
Speaker 3: But we have to say something. Please.

1099
00:55:48,680 --> 00:55:52,000
Speaker 22: You know where there's a chance that these rail new

1100
00:55:52,040 --> 00:55:56,200
Speaker 22: fairies will be enabled sorry rail enabled. But you know,

1101
00:55:56,400 --> 00:55:58,960
Speaker 22: let's just step back and look at this. You know,

1102
00:55:59,000 --> 00:56:01,359
Speaker 22: the private companies don't need the taxpat a front up

1103
00:56:01,560 --> 00:56:04,000
Speaker 22: every time you need to buy a new boat. And

1104
00:56:04,080 --> 00:56:09,520
Speaker 22: somehow the political class in Wellington are continuing with this,

1105
00:56:09,520 --> 00:56:13,880
Speaker 22: this joke that replacing three fairies with two fairies somehow

1106
00:56:13,960 --> 00:56:15,080
Speaker 22: makes us more resilient.

1107
00:56:16,280 --> 00:56:18,000
Speaker 3: Thank you, Jordan. I'm going to get to Jack. I

1108
00:56:18,040 --> 00:56:20,040
Speaker 3: want your take on this when we come back.

1109
00:56:20,560 --> 00:56:24,279
Speaker 1: The huddle with New Zealand Southeby's International Realty elevate the

1110
00:56:24,320 --> 00:56:25,440
Speaker 1: marketing of your home.

1111
00:56:25,960 --> 00:56:28,360
Speaker 3: According to six News Talks, there'd be the huddle tonight.

1112
00:56:28,440 --> 00:56:31,040
Speaker 3: Jordan Williams, the Taxpayers Union and Jack Tame, host of

1113
00:56:31,080 --> 00:56:34,279
Speaker 3: Saturday Mornings on zbn Q, and a Jack come to

1114
00:56:34,280 --> 00:56:38,880
Speaker 3: you on the fairies. Is this, as Jordan said, like

1115
00:56:38,920 --> 00:56:41,800
Speaker 3: a big disagreement between ministers who can't decide on anything.

1116
00:56:41,880 --> 00:56:45,120
Speaker 3: Winston's maybe thrown as toys. He's now the Minister for

1117
00:56:45,239 --> 00:56:48,080
Speaker 3: Rail and we've got further delays. Is that how you

1118
00:56:48,120 --> 00:56:48,480
Speaker 3: see this?

1119
00:56:49,360 --> 00:56:49,640
Speaker 2: Yeah?

1120
00:56:49,680 --> 00:56:50,160
Speaker 6: I think it is.

1121
00:56:50,280 --> 00:56:54,200
Speaker 23: I mean, I think it's pretty remarkable, given the swiftness

1122
00:56:54,440 --> 00:56:57,000
Speaker 23: with which this government has moved in all manner of

1123
00:56:57,040 --> 00:57:01,000
Speaker 23: policy areas, I think, largely to their quatits, how little

1124
00:57:01,200 --> 00:57:03,920
Speaker 23: they have achieved on this front over the last twelve months.

1125
00:57:04,040 --> 00:57:07,280
Speaker 23: And it's interesting to distinguish this issue in this policy

1126
00:57:07,600 --> 00:57:10,560
Speaker 23: from the policies which were really explicitly laid out in

1127
00:57:10,600 --> 00:57:13,720
Speaker 23: the coalition agreements, because this is probably the single media's

1128
00:57:13,760 --> 00:57:18,160
Speaker 23: policy to come across the government's desk without an agreement

1129
00:57:18,240 --> 00:57:21,760
Speaker 23: having been reached during the coalition negotiation process. And I

1130
00:57:21,800 --> 00:57:24,560
Speaker 23: think this is where we are seeing some of the tensions, right.

1131
00:57:24,680 --> 00:57:27,680
Speaker 23: So yeah, clearly there's there's disagreement. I mean that, you know,

1132
00:57:27,880 --> 00:57:29,440
Speaker 23: I think it's safe to say that Act has a

1133
00:57:29,480 --> 00:57:31,360
Speaker 23: similar position to that of Jordan, where they don't think

1134
00:57:31,400 --> 00:57:33,200
Speaker 23: actually the tax pan needs to be shetting out for this.

1135
00:57:33,560 --> 00:57:35,840
Speaker 6: Clearly New Zealand first, that's a completely different position.

1136
00:57:35,960 --> 00:57:37,960
Speaker 23: Yeah.

1137
00:57:36,320 --> 00:57:40,720
Speaker 3: But the thing is, you know, if Winston's now in

1138
00:57:40,840 --> 00:57:44,840
Speaker 3: charge and he's very shrewd, you know, getting likes to

1139
00:57:44,880 --> 00:57:48,000
Speaker 3: agree to a rail portfolio. Now that he's in charge,

1140
00:57:48,280 --> 00:57:49,880
Speaker 3: is he going to be the minister that goes down

1141
00:57:49,880 --> 00:57:52,720
Speaker 3: in history that cancel rail enabled ferries between the North

1142
00:57:52,720 --> 00:57:55,800
Speaker 3: and the South Island. No, So then the project becomes

1143
00:57:55,880 --> 00:57:59,200
Speaker 3: more expensive. So then you know, how can they say

1144
00:57:59,200 --> 00:58:00,320
Speaker 3: it's going to be cheaper Jordan?

1145
00:58:02,440 --> 00:58:05,440
Speaker 22: Well, I mean that's yeah, I mean that's recisely the

1146
00:58:05,440 --> 00:58:07,880
Speaker 22: conversations that will be happening behind the scenes. And the

1147
00:58:08,280 --> 00:58:10,600
Speaker 22: thing that I find most interesting in this is that

1148
00:58:11,560 --> 00:58:14,360
Speaker 22: there has been a lot of disagreements has tended to

1149
00:58:14,400 --> 00:58:16,320
Speaker 22: be around this combination of ministers.

1150
00:58:16,560 --> 00:58:17,960
Speaker 3: And one of the things.

1151
00:58:17,600 --> 00:58:20,439
Speaker 22: That you know that that former prime ministers or leaders

1152
00:58:20,440 --> 00:58:22,680
Speaker 22: of the opposition that have dealt with Winston Peters will

1153
00:58:22,720 --> 00:58:25,240
Speaker 22: tell you is that you should be really really careful

1154
00:58:25,960 --> 00:58:27,920
Speaker 22: you know who what team you put on the field

1155
00:58:28,360 --> 00:58:31,360
Speaker 22: in terms of those sorts of negotiations. Now, I don't

1156
00:58:31,400 --> 00:58:33,480
Speaker 22: think you know you're breaking any state secrets to say

1157
00:58:33,520 --> 00:58:35,960
Speaker 22: that there is not a lot of love loss between

1158
00:58:36,040 --> 00:58:38,600
Speaker 22: Nichola Willis and Winston Peters.

1159
00:58:38,600 --> 00:58:41,160
Speaker 3: And I think this is going to could could well.

1160
00:58:40,960 --> 00:58:44,240
Speaker 22: Take its time in terms of getting a resolution of

1161
00:58:44,280 --> 00:58:49,080
Speaker 22: this matter. Meanwhile, we continue to go across the cook

1162
00:58:49,160 --> 00:58:52,120
Speaker 22: straight on these old old dungs that are possibly at

1163
00:58:52,240 --> 00:58:53,600
Speaker 22: risk of something else going.

1164
00:58:53,440 --> 00:58:59,200
Speaker 3: Wrong by Kayak, Chris Hopkins is inferring racism. Jack This

1165
00:58:59,320 --> 00:59:01,040
Speaker 3: is you know, he's not come out and said it,

1166
00:59:01,080 --> 00:59:03,040
Speaker 3: but he was on our rands Deed this morning and

1167
00:59:03,080 --> 00:59:06,760
Speaker 3: he basically said that Jerry Browny was only picking on

1168
00:59:06,840 --> 00:59:09,600
Speaker 3: the Maori MP's and sending them to the Privileges Committee

1169
00:59:09,600 --> 00:59:13,240
Speaker 3: over the hakker in the house, not on the others.

1170
00:59:13,400 --> 00:59:15,440
Speaker 3: And he was questioned by corn Dan about this and

1171
00:59:16,200 --> 00:59:18,400
Speaker 3: he said, oh, well you can read into it what

1172
00:59:18,440 --> 00:59:21,840
Speaker 3: you make your own conclusions. I thought this was pretty outrageous.

1173
00:59:21,880 --> 00:59:22,479
Speaker 3: What did you think?

1174
00:59:22,560 --> 00:59:26,160
Speaker 23: Well, well, I mean, I just I was confused by

1175
00:59:26,200 --> 00:59:28,960
Speaker 23: his comments because he said that there were non Mardi MP's.

1176
00:59:29,080 --> 00:59:32,800
Speaker 23: He suggested that there were non Mardi MP's who stood

1177
00:59:32,880 --> 00:59:36,919
Speaker 23: up and performed the harker or protested alongside to parts

1178
00:59:36,920 --> 00:59:40,160
Speaker 23: of Mardi and the Labor MPs who did that. And

1179
00:59:40,360 --> 00:59:43,440
Speaker 23: I've only seen that kind of footage that mainly focused

1180
00:59:43,440 --> 00:59:46,600
Speaker 23: on Harder us that he might be clark. I can't

1181
00:59:46,600 --> 00:59:49,400
Speaker 23: see other MP's in that standing up and joining them.

1182
00:59:49,400 --> 00:59:52,640
Speaker 23: I just would have thought a kind of blanket rule

1183
00:59:52,640 --> 00:59:54,120
Speaker 23: for anyone who clearly.

1184
00:59:54,000 --> 00:59:56,240
Speaker 6: Broke the rules is appropriate.

1185
00:59:56,320 --> 00:59:59,560
Speaker 23: And if there were only Malori MP's who broke those

1186
00:59:59,560 --> 01:00:03,080
Speaker 23: standing ord, then it should only be Marty MP's who

1187
01:00:03,120 --> 01:00:05,120
Speaker 23: are punished. But if it were people other people who

1188
01:00:05,200 --> 01:00:07,720
Speaker 23: did exactly the same hauker and were protesting in the

1189
01:00:07,760 --> 01:00:08,480
Speaker 23: same way, then.

1190
01:00:08,320 --> 01:00:10,640
Speaker 6: Of course they should be they should be punished as well.

1191
01:00:10,680 --> 01:00:12,880
Speaker 23: But you know that main footage that we've all seen,

1192
01:00:12,920 --> 01:00:15,000
Speaker 23: I wasn't in the house that day that main footage

1193
01:00:15,000 --> 01:00:17,240
Speaker 23: that we've all seen. I couldn't see others, so it's

1194
01:00:17,280 --> 01:00:19,680
Speaker 23: probably a judgment best left to someone else who could

1195
01:00:19,680 --> 01:00:22,240
Speaker 23: see those people. And I don't think Chris Hopkins named

1196
01:00:22,720 --> 01:00:25,520
Speaker 23: those other MP's today, which was an interesting point.

1197
01:00:25,640 --> 01:00:28,479
Speaker 3: He didn't, And so we went to Jerry Browning's office

1198
01:00:28,480 --> 01:00:32,440
Speaker 3: and he said there were others like non Maori MPs

1199
01:00:32,480 --> 01:00:34,160
Speaker 3: who were joining it in the hacker as well, but

1200
01:00:34,200 --> 01:00:37,960
Speaker 3: they were standing behind there, they were at their desks

1201
01:00:38,560 --> 01:00:41,840
Speaker 3: doing it. So he said the distinction being made, you know,

1202
01:00:41,920 --> 01:00:44,240
Speaker 3: his line in the sand was basically, if you walk

1203
01:00:44,240 --> 01:00:46,360
Speaker 3: out into the middle of the chamber and you know

1204
01:00:46,400 --> 01:00:50,600
Speaker 3: you're doing it there, that is a disruption, whereas for

1205
01:00:50,640 --> 01:00:53,280
Speaker 3: those who weren't, they're not going to the privileges. So Jordan,

1206
01:00:53,400 --> 01:00:55,320
Speaker 3: I guess that's a distinction that he's made.

1207
01:00:56,040 --> 01:00:58,680
Speaker 22: Well, I make a slightly different distinction, and that is

1208
01:00:58,720 --> 01:01:01,080
Speaker 22: that the wording around this is all around the disruption

1209
01:01:01,160 --> 01:01:04,520
Speaker 22: of parliament. I think constitutionally though the significance of this

1210
01:01:05,520 --> 01:01:08,640
Speaker 22: was the intention to intimidate because walking over to those

1211
01:01:08,680 --> 01:01:11,240
Speaker 22: act MP's doing that, well, sorry not you know, huckering

1212
01:01:11,240 --> 01:01:16,000
Speaker 22: over in that gap between the opposition and the government

1213
01:01:16,320 --> 01:01:19,640
Speaker 22: could be, you know, in historical terms, be interpreted as

1214
01:01:19,880 --> 01:01:23,440
Speaker 22: quite intimidating, and it is a very you know a

1215
01:01:23,480 --> 01:01:27,080
Speaker 22: lot of the traditions around Parliament that even the length

1216
01:01:27,160 --> 01:01:29,640
Speaker 22: of the opposition to the government benches, you know, historically

1217
01:01:29,640 --> 01:01:32,200
Speaker 22: being the least in the in the UK House of Commons,

1218
01:01:32,200 --> 01:01:33,240
Speaker 22: you know, two sword.

1219
01:01:33,040 --> 01:01:34,320
Speaker 4: Lengths for a reason.

1220
01:01:35,720 --> 01:01:38,400
Speaker 22: There's that When I first saw this, it was more

1221
01:01:38,440 --> 01:01:40,280
Speaker 22: as sort of my reaction was more in that sort

1222
01:01:40,280 --> 01:01:46,120
Speaker 22: of disappointment that there is a worrying willingness to reach

1223
01:01:46,240 --> 01:01:48,880
Speaker 22: for the racism card. And I think to have the

1224
01:01:48,960 --> 01:01:51,480
Speaker 22: leader of the opposition do that, And I know Labour's

1225
01:01:51,600 --> 01:01:55,320
Speaker 22: leaning pretty heavily into the sort of critical race Marli

1226
01:01:55,400 --> 01:01:59,160
Speaker 22: party view of the world, but I think to suggest

1227
01:01:59,320 --> 01:02:02,960
Speaker 22: that the speaker, when you're the leader of the opposition,

1228
01:02:03,040 --> 01:02:05,680
Speaker 22: it's not a sort of backbench or a small party

1229
01:02:06,080 --> 01:02:09,680
Speaker 22: to suggest racism, I think should have a pretty high benchmark.

1230
01:02:09,800 --> 01:02:13,439
Speaker 22: And people may question whether it's really appropriate here.

1231
01:02:13,760 --> 01:02:16,000
Speaker 3: Yeah, what about over in the United States? Jack, and

1232
01:02:16,040 --> 01:02:19,640
Speaker 3: you used to obviously report from there the sort of

1233
01:02:19,760 --> 01:02:25,680
Speaker 3: sensationalism and the fawning over this alleged murderer the Manhattan

1234
01:02:25,680 --> 01:02:28,800
Speaker 3: shooter in New York. People are leaving bad going as

1235
01:02:28,840 --> 01:02:31,160
Speaker 3: far as leaving bad reviews on the McDonald's that dabbed

1236
01:02:31,200 --> 01:02:31,520
Speaker 3: him in.

1237
01:02:32,560 --> 01:02:35,480
Speaker 23: Yeah, I mean, from what we've seen of this guy

1238
01:02:35,520 --> 01:02:37,760
Speaker 23: and seeing him at his court appearance today, he's obviously

1239
01:02:37,800 --> 01:02:41,560
Speaker 23: pretty disturbed, and I hadn't realized until today that he

1240
01:02:41,600 --> 01:02:43,600
Speaker 23: hadn't been in contact with any of his friends or

1241
01:02:43,640 --> 01:02:48,080
Speaker 23: family for months before this alleged for the time being,

1242
01:02:48,120 --> 01:02:51,400
Speaker 23: although the evidence does seem pretty strong murder. But yeah,

1243
01:02:51,440 --> 01:02:55,400
Speaker 23: I mean, healthcare is insanely expensive in the US, and

1244
01:02:55,480 --> 01:02:58,800
Speaker 23: I don't think it's any great surprise that, you know,

1245
01:02:58,880 --> 01:03:06,360
Speaker 23: the combination of of a brazen assassination of a much

1246
01:03:06,800 --> 01:03:13,640
Speaker 23: disliked healthcare boss by a relatively photogenic individual who was

1247
01:03:13,640 --> 01:03:15,360
Speaker 23: then on the run for a few days has kind

1248
01:03:15,400 --> 01:03:17,640
Speaker 23: of captured the imagination of the world.

1249
01:03:17,760 --> 01:03:19,480
Speaker 6: I still think it's kind of.

1250
01:03:19,440 --> 01:03:21,680
Speaker 23: Sad how quickly people forget that there's a human being

1251
01:03:21,680 --> 01:03:23,560
Speaker 23: at the middle of this. I mean, imagine being this guy's,

1252
01:03:24,360 --> 01:03:26,840
Speaker 23: you know, the victim's family right now. God, it would

1253
01:03:26,840 --> 01:03:29,200
Speaker 23: be an awful experience. That being said, I think two

1254
01:03:29,240 --> 01:03:30,880
Speaker 23: things can be true at the same time. I think

1255
01:03:30,880 --> 01:03:33,960
Speaker 23: you can say that the US healthcare system is broken,

1256
01:03:34,120 --> 01:03:37,640
Speaker 23: that people are treated terribly by many of these insurance companies,

1257
01:03:37,680 --> 01:03:41,880
Speaker 23: but also that murder is not okay.

1258
01:03:41,160 --> 01:03:44,800
Speaker 3: A very basic point I think we can all agree on, Jordan.

1259
01:03:45,120 --> 01:03:47,600
Speaker 3: It is interesting, isn't it, though, Like culturally, how these

1260
01:03:47,640 --> 01:03:49,840
Speaker 3: things can take off in a way that I don't

1261
01:03:49,840 --> 01:03:50,840
Speaker 3: think that they would hear.

1262
01:03:52,040 --> 01:03:55,840
Speaker 22: Yeah, you could, if it's being cynical, you could say

1263
01:03:55,880 --> 01:03:59,919
Speaker 22: that the glorification of violence, including a quite now quite

1264
01:04:00,040 --> 01:04:03,280
Speaker 22: mainstream protest movements, that you could argue that this is

1265
01:04:03,320 --> 01:04:08,360
Speaker 22: the natural consequence of that. I was in the US

1266
01:04:08,440 --> 01:04:10,760
Speaker 22: only a few weeks ago, and I was pleasantly surprised

1267
01:04:11,120 --> 01:04:15,760
Speaker 22: with the extent of polarization, at least in New York,

1268
01:04:16,120 --> 01:04:19,200
Speaker 22: was a step down from what I remember when Trump

1269
01:04:19,280 --> 01:04:22,760
Speaker 22: won against Hillary. An example, at an underground comedy club

1270
01:04:22,760 --> 01:04:25,000
Speaker 22: that they were making they were mocking not just Sleepy

1271
01:04:25,040 --> 01:04:28,120
Speaker 22: Joe and Trump, but also Kamala Harris only two weeks

1272
01:04:28,200 --> 01:04:32,320
Speaker 22: after the vote. Now, I can't imagine that happening two

1273
01:04:32,320 --> 01:04:36,520
Speaker 22: weeks after Hillary lost to Trump. In that sort of

1274
01:04:36,640 --> 01:04:41,480
Speaker 22: suggested to me, among other observations, that actually, perhaps the

1275
01:04:41,560 --> 01:04:44,280
Speaker 22: US sunt get out the other side. On the other hand,

1276
01:04:44,440 --> 01:04:49,920
Speaker 22: the sort of symbolic use of violent symbols that are

1277
01:04:50,000 --> 01:04:52,240
Speaker 22: used in protest movements, not just in the US, but

1278
01:04:52,320 --> 01:04:55,240
Speaker 22: here really concerns me that inevitably, when there is an

1279
01:04:55,240 --> 01:04:57,640
Speaker 22: act of violence and we're all shocked that you have

1280
01:04:57,680 --> 01:05:01,320
Speaker 22: a small minority celebrating it, that's quite scared and not

1281
01:05:02,360 --> 01:05:04,760
Speaker 22: normal in the Western world, at least in my lifetime.

1282
01:05:04,840 --> 01:05:07,320
Speaker 3: No, but certainly something that's becoming more common. Jordan, thank

1283
01:05:07,400 --> 01:05:09,680
Speaker 3: you for that. Jordan Williams Tax, Paisy and Jack Tame,

1284
01:05:09,720 --> 01:05:11,840
Speaker 3: host of Saturday Mornings on ZB and Q and A

1285
01:05:12,120 --> 01:05:15,520
Speaker 3: Banks and how they fund our rural sectors up after

1286
01:05:15,600 --> 01:05:16,720
Speaker 3: six it is six to two.

1287
01:05:16,760 --> 01:05:20,480
Speaker 1: Now red or Blue, Trump or Harris? Who will win

1288
01:05:20,600 --> 01:05:23,920
Speaker 1: the battleground states? The latest on the US election. It's

1289
01:05:24,000 --> 01:05:28,480
Speaker 1: Heather Duplicy allan Drive with One New Zealand Let's get connected.

1290
01:05:28,160 --> 01:05:29,040
Speaker 2: Use talk ZB.

1291
01:05:31,040 --> 01:05:33,080
Speaker 3: Loads of feedback to how to cook a turkey I

1292
01:05:33,120 --> 01:05:36,040
Speaker 3: mentioned earlier in the program. I wasn't well. I'd done

1293
01:05:36,080 --> 01:05:39,640
Speaker 3: it once and it was very dry. Ryan. We're doing

1294
01:05:39,640 --> 01:05:42,480
Speaker 3: a ham This is from Dave. We're doing a ham leg.

1295
01:05:42,640 --> 01:05:44,480
Speaker 3: We're doing a leg of lamb. We're doing a turkey.

1296
01:05:44,480 --> 01:05:46,600
Speaker 3: We're doing it all in the barbecue. When the kids

1297
01:05:46,600 --> 01:05:48,640
Speaker 3: and the grandkids arrived for Christmas. That sounds like a

1298
01:05:48,640 --> 01:05:51,120
Speaker 3: good one day. Ryan cooked the turkey in a roasting

1299
01:05:51,160 --> 01:05:57,040
Speaker 3: bag inside a covered roasting dish. Perfect every time. American

1300
01:05:57,080 --> 01:06:00,960
Speaker 3: expat here says another spatchcock your turkey.

1301
01:06:02,760 --> 01:06:02,960
Speaker 2: Day.

1302
01:06:05,120 --> 01:06:07,600
Speaker 3: Spatchcock is a bit like the switch from Auckland Airport.

1303
01:06:07,640 --> 01:06:11,560
Speaker 3: I think a knowledge gap for me. We'll put it

1304
01:06:11,560 --> 01:06:11,800
Speaker 3: in the.

1305
01:06:11,720 --> 01:06:13,440
Speaker 2: Other beautiful, says it.

1306
01:06:13,520 --> 01:06:18,760
Speaker 1: Oh keeping track of where the money is flowing. The

1307
01:06:18,800 --> 01:06:22,720
Speaker 1: Business Hour with Ryan Bridge and my Hr on News

1308
01:06:22,720 --> 01:06:23,400
Speaker 1: Talks MB.

1309
01:06:25,840 --> 01:06:28,439
Speaker 3: Good evening, seven after six. Great to have your company tonight.

1310
01:06:28,480 --> 01:06:30,680
Speaker 3: Brad Olsen with us just after the news at six thirty.

1311
01:06:30,760 --> 01:06:33,560
Speaker 3: Some green shoots in the first week of December. This

1312
01:06:33,600 --> 01:06:35,440
Speaker 3: is our spending data that's come out today. We'll look

1313
01:06:35,440 --> 01:06:38,480
Speaker 3: at that shortly. Right now, rural petrol stations have been

1314
01:06:38,520 --> 01:06:42,000
Speaker 3: told by b and Z their bank it'll stop funding

1315
01:06:42,040 --> 01:06:44,640
Speaker 3: them by twenty thirty because of its commitment to the

1316
01:06:44,680 --> 01:06:49,000
Speaker 3: Net Zero Banking Alliance. Documents provided to Federated Farmers show

1317
01:06:49,040 --> 01:06:51,680
Speaker 3: BNZ has a policy that there is to be no

1318
01:06:51,920 --> 01:06:55,680
Speaker 3: new lending to petrol stations and all existing debt needs

1319
01:06:55,720 --> 01:06:59,520
Speaker 3: to be paid back by twenty thirty. However, bn z's

1320
01:06:59,560 --> 01:07:02,480
Speaker 3: CEO Dan Huggins told a Select committee at Parliament today

1321
01:07:02,600 --> 01:07:05,880
Speaker 3: the move is because we won't need the petrol stations

1322
01:07:06,040 --> 01:07:06,960
Speaker 3: in twenty thirty.

1323
01:07:07,200 --> 01:07:10,080
Speaker 24: We would expect that we're going to see conversion to

1324
01:07:10,120 --> 01:07:15,480
Speaker 24: electric vehicles demand change for fuel services. So therefore we've said, look,

1325
01:07:15,480 --> 01:07:17,800
Speaker 24: we think we've got enough exposure in that space and

1326
01:07:17,840 --> 01:07:19,880
Speaker 24: don't want to increase that exposure.

1327
01:07:20,360 --> 01:07:23,840
Speaker 3: We're joined now by an owner of multiple rural petrol

1328
01:07:23,880 --> 01:07:26,680
Speaker 3: stations who wants to remain anonymous because he's concerned about

1329
01:07:26,680 --> 01:07:29,960
Speaker 3: his relationship with bn Z, which is fair enough. Get

1330
01:07:30,000 --> 01:07:30,919
Speaker 3: a welcome to the show.

1331
01:07:32,200 --> 01:07:33,160
Speaker 18: Oh hi, how are you?

1332
01:07:33,360 --> 01:07:35,200
Speaker 3: I'm good, Thank you, thank you for talking to me.

1333
01:07:36,280 --> 01:07:37,600
Speaker 3: What did ben Z tell you?

1334
01:07:39,400 --> 01:07:44,760
Speaker 18: Well, are any new purchases of the petrol station. We

1335
01:07:44,840 --> 01:07:49,120
Speaker 18: will not have any lending available to us and we

1336
01:07:49,240 --> 01:07:52,080
Speaker 18: will not be able to and we have to pay

1337
01:07:52,160 --> 01:07:54,720
Speaker 18: all our debts by twenty thirty. This is exactly what

1338
01:07:54,760 --> 01:07:58,680
Speaker 18: we've been told by BNZ. We have approached them multiple

1339
01:07:58,760 --> 01:08:06,240
Speaker 18: times for various reasons to expand, but every time we

1340
01:08:06,360 --> 01:08:08,840
Speaker 18: have come across this this.

1341
01:08:09,000 --> 01:08:13,160
Speaker 3: Hurdle and I have seen specifically it's because of well,

1342
01:08:13,240 --> 01:08:14,880
Speaker 3: climate change essentially.

1343
01:08:15,480 --> 01:08:20,080
Speaker 18: Correct, and you know we've been told it is because

1344
01:08:20,120 --> 01:08:23,280
Speaker 18: of the net Banking zero alliance which be in there

1345
01:08:23,439 --> 01:08:26,320
Speaker 18: have signed or multiple banks have signed, and because of

1346
01:08:26,360 --> 01:08:30,160
Speaker 18: that we cannot get any more landing. And it's it's

1347
01:08:30,160 --> 01:08:35,280
Speaker 18: a top down policy and hence the reason are our

1348
01:08:35,400 --> 01:08:39,880
Speaker 18: local individual who we deal with could not help us out.

1349
01:08:40,200 --> 01:08:44,080
Speaker 3: Are you in a position financially to pay back you're

1350
01:08:44,120 --> 01:08:45,439
Speaker 3: borrowing by twenty thirty?

1351
01:08:46,439 --> 01:08:50,120
Speaker 18: Absolutely not. With the current cash flow of the businesses.

1352
01:08:50,400 --> 01:08:55,080
Speaker 18: It's it's near impossible to make those staments. And that's

1353
01:08:55,160 --> 01:08:58,080
Speaker 18: our worry that how we are able to make that

1354
01:08:58,720 --> 01:09:04,519
Speaker 18: payment which run in million millions, and we're not in

1355
01:09:04,520 --> 01:09:06,000
Speaker 18: a position to pay that at all.

1356
01:09:06,760 --> 01:09:10,520
Speaker 3: What happens if you can't, well.

1357
01:09:10,880 --> 01:09:16,040
Speaker 18: We have to close down. And with closing down, then

1358
01:09:16,439 --> 01:09:18,559
Speaker 18: those dozens of jobs.

1359
01:09:18,560 --> 01:09:21,719
Speaker 3: Actually, what about other banks? Have you tried any others

1360
01:09:21,920 --> 01:09:25,679
Speaker 3: who perhaps aren't doing the same deal here as being.

1361
01:09:25,640 --> 01:09:30,000
Speaker 18: Z Well, we've been trying to work with a bank. Uh,

1362
01:09:31,000 --> 01:09:34,720
Speaker 18: but we have heard through various our colleagues who are

1363
01:09:34,760 --> 01:09:40,240
Speaker 18: the follow dealers. Uh, there are some restrictions coming through.

1364
01:09:40,520 --> 01:09:46,320
Speaker 18: Some are taking more prominent approach in climate related activities.

1365
01:09:46,640 --> 01:09:49,840
Speaker 18: So we are finding that. But changing a bank who

1366
01:09:50,600 --> 01:09:55,080
Speaker 18: suddenly because of this policy is really difficult. When you

1367
01:09:55,120 --> 01:10:02,000
Speaker 18: are operating multiple sites. It's proving more difficult than anything else.

1368
01:10:02,120 --> 01:10:06,439
Speaker 18: But the worry is that we can We can change

1369
01:10:06,439 --> 01:10:08,680
Speaker 18: the bank, but if the other bank also changes, that

1370
01:10:09,200 --> 01:10:11,200
Speaker 18: will be another blow to us.

1371
01:10:11,400 --> 01:10:14,080
Speaker 3: The thing that I don't understand here is if anyone

1372
01:10:14,200 --> 01:10:17,519
Speaker 3: was going to be converting to EVS in the near future,

1373
01:10:17,640 --> 01:10:20,240
Speaker 3: it wouldn't be a rural area like this would be

1374
01:10:20,280 --> 01:10:23,639
Speaker 3: the last last place surely that you would be worried about.

1375
01:10:24,880 --> 01:10:28,640
Speaker 18: Well, that's what I could not understand that. Hey, farmers

1376
01:10:28,680 --> 01:10:32,400
Speaker 18: and other rural communities, they have got farm equipments where

1377
01:10:32,960 --> 01:10:36,599
Speaker 18: they need to operate their farms and do all sorts

1378
01:10:36,640 --> 01:10:40,640
Speaker 18: of and around their business. And if there are no

1379
01:10:40,840 --> 01:10:44,639
Speaker 18: lending available to these petrol stations, there is very limited options.

1380
01:10:44,640 --> 01:10:48,720
Speaker 18: They have to expand or maybe they close down. And

1381
01:10:49,000 --> 01:10:54,400
Speaker 18: where is that petrol or diesel will come from? Are

1382
01:10:54,479 --> 01:10:59,960
Speaker 18: we thinking about farmer traveling fifty kilometers to amain Provencal

1383
01:11:00,200 --> 01:11:03,080
Speaker 18: town to get their petrol? I don't think so. And

1384
01:11:03,120 --> 01:11:05,760
Speaker 18: that's going to push costs up as well as the

1385
01:11:06,200 --> 01:11:09,679
Speaker 18: the you know, job losses.

1386
01:11:11,120 --> 01:11:13,880
Speaker 3: Well, good luck, I hope that you have you managed

1387
01:11:13,920 --> 01:11:16,360
Speaker 3: to find some kind of solution here because I mean,

1388
01:11:16,400 --> 01:11:17,840
Speaker 3: as you say, you can't afford to pay it back

1389
01:11:17,840 --> 01:11:20,680
Speaker 3: by twenty thirty, you can't. They're not allowing you to

1390
01:11:20,720 --> 01:11:23,760
Speaker 3: go and buy another petrol station to borrow off, so

1391
01:11:24,200 --> 01:11:26,720
Speaker 3: you'll you're limited. Your options seem to be limited that

1392
01:11:26,840 --> 01:11:29,840
Speaker 3: I wish you the best to luck. Thank you so much.

1393
01:11:29,920 --> 01:11:33,040
Speaker 18: Yes there are limited options, but look we are still

1394
01:11:33,040 --> 01:11:35,479
Speaker 18: working and this is our night where at the moment,

1395
01:11:35,560 --> 01:11:39,879
Speaker 18: being in a petrol industry, I'm sure you know something

1396
01:11:40,080 --> 01:11:43,599
Speaker 18: will will change or come about and we sail through

1397
01:11:43,640 --> 01:11:44,400
Speaker 18: this difficult time.

1398
01:11:45,160 --> 01:11:46,599
Speaker 3: Thank you very much for your time. That is the

1399
01:11:46,640 --> 01:11:49,559
Speaker 3: owner of multiple riural petrol stations who wants to remain

1400
01:11:49,600 --> 01:11:52,720
Speaker 3: anonymous because he's got a relationship with Bend but you

1401
01:11:52,720 --> 01:11:54,320
Speaker 3: can understand and he wants to try and protect that

1402
01:11:54,360 --> 01:11:56,679
Speaker 3: as much as he can. It has just gone twelve

1403
01:11:56,680 --> 01:12:01,120
Speaker 3: minutes after six, Bryan Bridge interestingly staying with the banks

1404
01:12:01,120 --> 01:12:02,680
Speaker 3: and lots of your texts coming and we'll get to

1405
01:12:02,720 --> 01:12:05,160
Speaker 3: that shortly and just put that to one side for

1406
01:12:05,200 --> 01:12:08,840
Speaker 3: a second. But the banks appearing Benz Repairing before the

1407
01:12:08,960 --> 01:12:12,080
Speaker 3: Select Committee at Parliament today and this was the CEO,

1408
01:12:12,200 --> 01:12:16,400
Speaker 3: Dan Huggins and the chair was there as well, they said, look, yes,

1409
01:12:16,439 --> 01:12:18,360
Speaker 3: we make a one and a half billion dollars in

1410
01:12:18,400 --> 01:12:20,439
Speaker 3: profit in the year to September. One and a half

1411
01:12:20,439 --> 01:12:22,960
Speaker 3: billion dollars sounds like a big number, and everybody goes, oh,

1412
01:12:23,000 --> 01:12:25,240
Speaker 3: the banks. We hate the banks. They're making so much money,

1413
01:12:25,360 --> 01:12:26,680
Speaker 3: and they do make a lot of money, but they

1414
01:12:26,720 --> 01:12:30,160
Speaker 3: are big organizations and they just make the point that

1415
01:12:30,439 --> 01:12:34,160
Speaker 3: the risk of a bank failing should outweigh any concerns

1416
01:12:34,200 --> 01:12:37,280
Speaker 3: we have about their profit. And I know you might say, well,

1417
01:12:37,280 --> 01:12:40,160
Speaker 3: they would say that, wouldn't they have a listened to this.

1418
01:12:40,680 --> 01:12:43,960
Speaker 3: On the face of it, their profits have increased threefold

1419
01:12:44,240 --> 01:12:47,400
Speaker 3: since about two thousand and three, right since about the

1420
01:12:47,439 --> 01:12:50,320
Speaker 3: year two thousand, their profits are up threefold, but they're

1421
01:12:50,400 --> 01:12:52,880
Speaker 3: lending is up three and a half times. So they're

1422
01:12:52,960 --> 01:12:54,920
Speaker 3: lending three and a half times more than they did,

1423
01:12:56,080 --> 01:12:59,400
Speaker 3: you know, twenty odd years ago. So the profit that

1424
01:12:59,400 --> 01:13:02,840
Speaker 3: they're making only growing in line with their business, i

1425
01:13:03,080 --> 01:13:07,040
Speaker 3: in line with their lending. Is that a bad thing. Plus,

1426
01:13:07,120 --> 01:13:09,559
Speaker 3: when you look at how much capital they have to

1427
01:13:10,080 --> 01:13:14,760
Speaker 3: support that lending that's up five times, their return on

1428
01:13:14,880 --> 01:13:19,600
Speaker 3: capital has actually gone down over that period. So I

1429
01:13:19,640 --> 01:13:25,080
Speaker 3: mean hate them over the the rural petrol station issue

1430
01:13:25,240 --> 01:13:28,759
Speaker 3: for sure, But does that not sort of painter case

1431
01:13:28,840 --> 01:13:31,759
Speaker 3: as to why the banks need to be profitable, why

1432
01:13:31,800 --> 01:13:34,479
Speaker 3: they aren't as profitable as some make out, even though

1433
01:13:34,479 --> 01:13:37,679
Speaker 3: the headline figure might be massive. I think so. Fourteen

1434
01:13:37,720 --> 01:13:38,959
Speaker 3: after sex News Talks.

1435
01:13:38,840 --> 01:13:43,439
Speaker 1: VB analysis from the experts, bringing you everything you need

1436
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Speaker 1: with Heather Duplicyllen and EHR. Solution for busy SMEs used TALKSB.

1438
01:13:55,200 --> 01:13:58,600
Speaker 3: Sexual harassment is illegal, and yet studies have found that

1439
01:13:58,640 --> 01:14:01,560
Speaker 3: as many as one in three key we workers experience

1440
01:14:01,680 --> 01:14:04,960
Speaker 3: sexual harassment in the workplace every year. Employers have clear

1441
01:14:05,160 --> 01:14:08,160
Speaker 3: legal responsibilities and ensuring the safety of their people and

1442
01:14:08,240 --> 01:14:11,280
Speaker 3: enforcing the right of employees not to be sexually harassed

1443
01:14:11,280 --> 01:14:14,559
Speaker 3: at work. Harassment and bullying are serious issues, and every

1444
01:14:14,640 --> 01:14:18,040
Speaker 3: organization needs to have strong systems in place to minimize risks,

1445
01:14:18,080 --> 01:14:20,760
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1446
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1447
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1448
01:14:28,680 --> 01:14:32,439
Speaker 3: It covers employers' legal obligations and provides best practice advice

1449
01:14:32,520 --> 01:14:36,000
Speaker 3: on how to access and minimize risks and handle complaints

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1451
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Speaker 3: forward slash resources and if you need more targeted advice

1452
01:14:44,000 --> 01:14:46,719
Speaker 3: or expert help, please don't hesitate to get in touch

1453
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Speaker 3: with myhr.

1454
01:14:48,160 --> 01:14:50,200
Speaker 2: Cry and fresh.

1455
01:14:50,400 --> 01:14:52,720
Speaker 3: It has just gone now eighteen minutes after six News

1456
01:14:52,800 --> 01:14:56,519
Speaker 3: Talk said be petrol stations aren't the only ones trying

1457
01:14:56,640 --> 01:14:59,120
Speaker 3: not to lose their access to banking. As we talked

1458
01:14:59,120 --> 01:15:02,719
Speaker 3: about yesterday, Gloria Vale has lost the battle against ben

1459
01:15:02,840 --> 01:15:05,479
Speaker 3: z as well. Jane Tips Trainee is with me. She

1460
01:15:05,680 --> 01:15:10,000
Speaker 3: is The Herald's Wellington Business editor. Janey Good evening. Hey Ryan,

1461
01:15:10,240 --> 01:15:12,160
Speaker 3: good to have you on the show. And tell me

1462
01:15:12,200 --> 01:15:15,200
Speaker 3: about the You've been speaking to Gloria Vale's lawyer. Are

1463
01:15:15,200 --> 01:15:17,720
Speaker 3: they going to take this further? Are they going to

1464
01:15:17,720 --> 01:15:20,640
Speaker 3: take further action about the decision from the Benzett.

1465
01:15:20,960 --> 01:15:23,680
Speaker 14: Look, I've actually been talking to the chief executive of

1466
01:15:23,760 --> 01:15:28,200
Speaker 14: the trust behind Gloria Vale, that's the Christian Church Community Trust,

1467
01:15:28,520 --> 01:15:32,080
Speaker 14: a man called Phil Jamison. He's not actually in Gloria Vale,

1468
01:15:32,120 --> 01:15:35,639
Speaker 14: but he is helping manage Gloriavale's affairs.

1469
01:15:35,960 --> 01:15:36,160
Speaker 6: Now.

1470
01:15:36,320 --> 01:15:38,479
Speaker 14: Phil said to me, and I quote, it will not

1471
01:15:38,720 --> 01:15:42,120
Speaker 14: be the end of the community. He is fairly adamant

1472
01:15:42,240 --> 01:15:46,320
Speaker 14: that Gloria Vale will be able to find an alternative

1473
01:15:47,200 --> 01:15:51,240
Speaker 14: once Benz closes its accounts in three months time. That

1474
01:15:51,360 --> 01:15:54,400
Speaker 14: seems to be the current plan. So Phil wouldn't give

1475
01:15:54,400 --> 01:15:57,880
Speaker 14: away too much. He said these are commercial decisions that

1476
01:15:58,040 --> 01:16:01,920
Speaker 14: were commercially sense of information. But he said Gloria Vale

1477
01:16:02,080 --> 01:16:06,120
Speaker 14: was actively pursuing a range of options. I asked him, well,

1478
01:16:06,280 --> 01:16:09,240
Speaker 14: could Gloria Vale get an overseas bank to deal with it?

1479
01:16:09,280 --> 01:16:12,880
Speaker 14: And he said that was highly unlikely. You know, the

1480
01:16:12,960 --> 01:16:16,639
Speaker 14: thing here is that you would imagine that Gloriavale does

1481
01:16:16,800 --> 01:16:20,040
Speaker 14: need a bank. Its net assets are worth at least

1482
01:16:20,120 --> 01:16:23,479
Speaker 14: forty seven million dollars. That's a lot of money, and

1483
01:16:24,280 --> 01:16:26,400
Speaker 14: you know, it needs somewhere to put its money, and

1484
01:16:26,840 --> 01:16:29,600
Speaker 14: it needs to be able to transact to you know,

1485
01:16:29,680 --> 01:16:34,360
Speaker 14: keep its various commercial farming entities going, keep you know

1486
01:16:34,400 --> 01:16:37,479
Speaker 14: that the people fed and the kids are educated, and

1487
01:16:37,560 --> 01:16:39,360
Speaker 14: laundry going and all that type of thing.

1488
01:16:39,600 --> 01:16:43,280
Speaker 3: Yeah, so what, Yeah, it's an interesting one. Hopefully they

1489
01:16:43,280 --> 01:16:47,000
Speaker 3: have managed to find some kind of solution for them.

1490
01:16:47,680 --> 01:16:50,680
Speaker 3: But generally speaking, the issue of d banking seems to

1491
01:16:50,720 --> 01:16:52,479
Speaker 3: creep up more and more at the moment. Should we

1492
01:16:52,560 --> 01:16:54,080
Speaker 3: feel uncomfortable about that.

1493
01:16:55,160 --> 01:16:57,240
Speaker 14: Yeah, I think we've actually had a couple of weeks

1494
01:16:57,240 --> 01:17:00,520
Speaker 14: of lots of d banking news with the petrol starfs

1495
01:17:01,240 --> 01:17:04,639
Speaker 14: and this. I think it's actually been something that's been

1496
01:17:04,640 --> 01:17:07,400
Speaker 14: happening for some time and it's been well marked. So

1497
01:17:07,439 --> 01:17:09,920
Speaker 14: if we go back to the petrol stations issue, I

1498
01:17:09,960 --> 01:17:12,880
Speaker 14: know that, you know, central bankers have for the past

1499
01:17:12,920 --> 01:17:16,800
Speaker 14: decade been worried about stranded assets. That's you know, investors

1500
01:17:16,840 --> 01:17:20,760
Speaker 14: pulling out of sunset industries due to climate concerns, you know,

1501
01:17:20,880 --> 01:17:23,759
Speaker 14: and and banks also pulling out. That's what we're starting

1502
01:17:23,800 --> 01:17:26,880
Speaker 14: to see that has been well signaled. In Gloriavale's case,

1503
01:17:26,880 --> 01:17:28,960
Speaker 14: I think it's quite different, you know, because Gloria Vale

1504
01:17:28,960 --> 01:17:34,559
Speaker 14: has been found guilty of, you know, using children to

1505
01:17:34,600 --> 01:17:38,920
Speaker 14: do work, and there are also charges related to sexual harassment.

1506
01:17:39,040 --> 01:17:42,800
Speaker 14: So Glorivale is quite different to the petrol stations. A

1507
01:17:42,800 --> 01:17:44,680
Speaker 14: few years ago, there was a lot of riff raff

1508
01:17:44,680 --> 01:17:49,120
Speaker 14: because money remitters we're being debanked because banks were worried

1509
01:17:49,120 --> 01:17:52,439
Speaker 14: about money laundering concerns. You know, if you're a money remitter,

1510
01:17:52,880 --> 01:17:54,760
Speaker 14: it's hard for the bank to know exactly where the

1511
01:17:54,800 --> 01:17:57,400
Speaker 14: money is coming from and who it's going to. So

1512
01:17:57,479 --> 01:18:00,200
Speaker 14: I actually think it's an issue that's been happening for

1513
01:18:00,240 --> 01:18:03,360
Speaker 14: some time. It's just happens to have been in the

1514
01:18:03,360 --> 01:18:05,600
Speaker 14: news quite a bit in recent weeks.

1515
01:18:06,000 --> 01:18:09,160
Speaker 3: Yeah, interesting that, Jenay, Thank you very much. Jane Tips Training,

1516
01:18:09,520 --> 01:18:13,759
Speaker 3: the New Zealand Herald, Wellington Business editor on dbanking twenty

1517
01:18:13,760 --> 01:18:15,640
Speaker 3: one minutes after six. Coming up next, we'll take a

1518
01:18:15,640 --> 01:18:16,760
Speaker 3: look at stock market with.

1519
01:18:16,720 --> 01:18:21,280
Speaker 1: Milford everything from SME's the big corporates, The Business Hour

1520
01:18:21,520 --> 01:18:25,120
Speaker 1: with Ryan Bridge and my HR the HR solution for

1521
01:18:25,200 --> 01:18:27,559
Speaker 1: busy SME Son News Talk ZB.

1522
01:18:27,880 --> 01:18:30,160
Speaker 3: It's twenty four after six. We're looking back and the

1523
01:18:30,240 --> 01:18:32,439
Speaker 3: year that was on the stock market, the Index fifty

1524
01:18:32,479 --> 01:18:35,000
Speaker 3: with the winners and losers joining us. Jeremy Hutton from

1525
01:18:35,000 --> 01:18:38,880
Speaker 3: Milford Asset Management. Jeremy, good evening, Good evening, Ryan who

1526
01:18:38,920 --> 01:18:42,080
Speaker 3: is currently leading the INDEDEXTS fifty so far this year?

1527
01:18:42,080 --> 01:18:43,479
Speaker 3: Who are we crowning number one?

1528
01:18:45,000 --> 01:18:45,200
Speaker 2: Yeah?

1529
01:18:45,280 --> 01:18:45,639
Speaker 3: So far.

1530
01:18:45,760 --> 01:18:48,040
Speaker 25: The current leader on the indiet X fifty with about

1531
01:18:48,040 --> 01:18:50,559
Speaker 25: two trading weeks to go in twenty twenty four is

1532
01:18:50,720 --> 01:18:51,800
Speaker 25: Tower Insurance.

1533
01:18:52,400 --> 01:18:52,599
Speaker 6: Now.

1534
01:18:52,640 --> 01:18:54,960
Speaker 25: Tower is up a whopping one hundred and fifteen percent

1535
01:18:55,120 --> 01:18:58,160
Speaker 25: this year, albeit it is coming off a bit of

1536
01:18:58,160 --> 01:19:00,360
Speaker 25: a low base with a horrid twenty twenty three with

1537
01:19:00,439 --> 01:19:02,880
Speaker 25: some some of the bad weather events which really hit

1538
01:19:02,960 --> 01:19:06,160
Speaker 25: all the insurers hard. But Tower has regained a lot

1539
01:19:06,200 --> 01:19:09,080
Speaker 25: of momentum, you know, some more benign conditions in twenty

1540
01:19:09,120 --> 01:19:12,599
Speaker 25: twenty four and has had some good operational improvements as well.

1541
01:19:13,080 --> 01:19:15,240
Speaker 25: So that has led to a series of earnings upgrades

1542
01:19:15,280 --> 01:19:18,479
Speaker 25: throughout the year and it's regained inclusion back in the

1543
01:19:18,680 --> 01:19:21,880
Speaker 25: very important inxet X fifty index. So that's been driving

1544
01:19:21,920 --> 01:19:24,160
Speaker 25: the really strong share price performance from Tower.

1545
01:19:25,040 --> 01:19:28,160
Speaker 3: And Genrack was the tech business we crowned last year

1546
01:19:28,160 --> 01:19:30,320
Speaker 3: in twenty twenty three. How did they perform this year?

1547
01:19:31,439 --> 01:19:34,080
Speaker 25: Yeah, another very strong year for gen Track. It's up

1548
01:19:34,400 --> 01:19:37,720
Speaker 25: one hundred and one percent in twenty twenty four, and

1549
01:19:37,760 --> 01:19:40,600
Speaker 25: this follows a very strong and impressive one hundred and

1550
01:19:40,640 --> 01:19:44,240
Speaker 25: sixty percent in twenty twenty three as well. So gen

1551
01:19:44,320 --> 01:19:47,560
Speaker 25: Track provides software to electricity retailers and it's had some

1552
01:19:47,640 --> 01:19:52,000
Speaker 25: really good tailwinds of these retailers wanting to shift from older,

1553
01:19:52,000 --> 01:19:56,120
Speaker 25: clunkier systems onto gen tracks more fit for purpose software.

1554
01:19:56,720 --> 01:19:59,200
Speaker 25: It's been winning customers all around the world many geographies,

1555
01:19:59,640 --> 01:20:03,799
Speaker 25: growing revenue strongly and also in a big earnings upgrade cycle.

1556
01:20:04,600 --> 01:20:08,160
Speaker 25: And with the electrification of everything in our economy, it

1557
01:20:08,200 --> 01:20:10,960
Speaker 25: needs more smarts and more software to help deliver this.

1558
01:20:11,640 --> 01:20:14,559
Speaker 25: So those tailwinds could continue. And it is great to

1559
01:20:14,600 --> 01:20:17,519
Speaker 25: see a New Zealand tech business growing and doing really

1560
01:20:17,520 --> 01:20:18,719
Speaker 25: well on the global stage.

1561
01:20:18,880 --> 01:20:21,200
Speaker 3: It really is. It's a great story, Jeremy, Let's talk

1562
01:20:21,200 --> 01:20:23,640
Speaker 3: about the losers. They're not great stories. Which companies have

1563
01:20:23,640 --> 01:20:24,479
Speaker 3: struggled this year.

1564
01:20:25,960 --> 01:20:28,559
Speaker 25: Yeah, as we know, the domestic economy has been really

1565
01:20:28,640 --> 01:20:32,600
Speaker 25: challenged with higher regeous rates and consumer pockets getting squeezed,

1566
01:20:33,120 --> 01:20:35,040
Speaker 25: and this has been reflected in the share prices of

1567
01:20:35,080 --> 01:20:38,680
Speaker 25: companies that are exposed to sectors in this So with

1568
01:20:38,800 --> 01:20:41,360
Speaker 25: that backdrop, we've had retail that's been hit really hard.

1569
01:20:41,439 --> 01:20:44,400
Speaker 25: So Catman dou that's down forty eight percent this year,

1570
01:20:44,880 --> 01:20:48,200
Speaker 25: the Webhouse down thirty seven percent as well, and their

1571
01:20:48,200 --> 01:20:50,839
Speaker 25: construction has been really tough, so that's affected Fletcher Building

1572
01:20:50,960 --> 01:20:54,559
Speaker 25: that's down thirty eight percent, and then residential housing also

1573
01:20:54,600 --> 01:20:58,040
Speaker 25: been pretty slow. Royman Healthcare has some exposure to that,

1574
01:20:58,080 --> 01:21:01,080
Speaker 25: so that's down twenty seven percent. But then even Spark,

1575
01:21:01,120 --> 01:21:04,000
Speaker 25: which is traditionally a very defensive business that's been hit

1576
01:21:04,080 --> 01:21:07,760
Speaker 25: very hard. With businesses and governments reducing their IT and

1577
01:21:07,800 --> 01:21:11,080
Speaker 25: mobile spend, and that stock is down forty six percent

1578
01:21:11,160 --> 01:21:11,960
Speaker 25: so far this year.

1579
01:21:12,680 --> 01:21:16,439
Speaker 3: Overall, the House the Injects fifty performed this year as

1580
01:21:16,439 --> 01:21:16,760
Speaker 3: a whole.

1581
01:21:16,800 --> 01:21:19,800
Speaker 25: As a collective, yeah, I'd say it's been a pass

1582
01:21:19,800 --> 01:21:22,400
Speaker 25: for the nzet X fifty. It's up eight percent so

1583
01:21:22,520 --> 01:21:25,680
Speaker 25: far this year, and given some of the constraints and

1584
01:21:25,720 --> 01:21:27,760
Speaker 25: the pressure on the local economy, it's actually not too

1585
01:21:27,760 --> 01:21:31,160
Speaker 25: bad of a result. Unfortunately, it is behind the very

1586
01:21:31,200 --> 01:21:34,320
Speaker 25: powerful US indexes, some of which are up over twenty

1587
01:21:34,400 --> 01:21:38,200
Speaker 25: five percent, mainly on that Magnificent seven and AI boom.

1588
01:21:38,640 --> 01:21:40,719
Speaker 25: But I think the setup for New Zealand is improving

1589
01:21:40,760 --> 01:21:43,040
Speaker 25: into twenty twenty five. You know, we've had some decent

1590
01:21:43,400 --> 01:21:46,400
Speaker 25: interest rate cuts delivered already and likely some more to come,

1591
01:21:46,840 --> 01:21:49,000
Speaker 25: so we should start to see some of these beaten

1592
01:21:49,080 --> 01:21:52,559
Speaker 25: up cyclical sectors turn much more positive in twenty twenty five.

1593
01:21:53,000 --> 01:21:55,280
Speaker 3: It's hope, so Jeremy, we need it very much. Jeremy

1594
01:21:55,320 --> 01:21:58,479
Speaker 3: Hutton from Ilford Asset Management, Speaking of next year, we're

1595
01:21:58,520 --> 01:22:00,680
Speaker 3: going to take a look at some speed from this

1596
01:22:00,760 --> 01:22:03,479
Speaker 3: year with Brad Olsen next from inf Metrics. Gives us

1597
01:22:03,520 --> 01:22:06,439
Speaker 3: a glimpse at how we might fare consumer wise in

1598
01:22:06,479 --> 01:22:07,320
Speaker 3: twenty twenty five.

1599
01:22:13,520 --> 01:22:16,479
Speaker 2: If it's to do with money, it matters to you.

1600
01:22:16,920 --> 01:22:20,519
Speaker 1: The Business Hour with Ryan Bridge and my HR the

1601
01:22:20,720 --> 01:22:24,200
Speaker 1: HR solution for busy Smmy's on News Talks, it be.

1602
01:22:24,880 --> 01:22:28,120
Speaker 2: Drama for christ Clins.

1603
01:22:29,560 --> 01:22:33,120
Speaker 3: I can't wait to see those twenty five away from

1604
01:22:33,160 --> 01:22:35,280
Speaker 3: seven on News Talks, there'd be some really interesting numbers

1605
01:22:35,280 --> 01:22:38,439
Speaker 3: come out from flight Center on where we're booking holidays to.

1606
01:22:38,520 --> 01:22:40,040
Speaker 3: We'll get to that in just a second right now.

1607
01:22:40,240 --> 01:22:43,240
Speaker 3: Cards spending data from November suggests Kiwis are holding their

1608
01:22:43,280 --> 01:22:46,400
Speaker 3: cards close to their chests literally. Kiwibank s is the

1609
01:22:46,439 --> 01:22:49,000
Speaker 3: value of spending drop two and a half percent in November.

1610
01:22:49,240 --> 01:22:51,920
Speaker 3: That's down. Am Z says its data shows a drop

1611
01:22:51,920 --> 01:22:55,280
Speaker 3: of one point two percent year on year. Two. Brad Olsen,

1612
01:22:55,320 --> 01:22:58,120
Speaker 3: the Infometrics principal economist, is with us tonight. Hey Brad,

1613
01:22:58,640 --> 01:23:01,200
Speaker 3: Good evening November. It was still pretty tough.

1614
01:23:02,479 --> 01:23:04,280
Speaker 26: Yeah, I mean it's quite clear for a lot of

1615
01:23:04,280 --> 01:23:07,479
Speaker 26: retailers that of course, although interest rates have started to

1616
01:23:07,520 --> 01:23:11,080
Speaker 26: come down, not everyone's immediately refixed onto those lower rates,

1617
01:23:11,120 --> 01:23:14,080
Speaker 26: and so that pressure on household budgets is still pretty clear.

1618
01:23:14,520 --> 01:23:17,760
Speaker 26: Although a lot of the numbers are showing as still

1619
01:23:17,800 --> 01:23:20,519
Speaker 26: an annual decline year on year. There are some early

1620
01:23:20,560 --> 01:23:22,640
Speaker 26: signs in the numbers, both looking at what A and

1621
01:23:22,720 --> 01:23:25,640
Speaker 26: Z's put out, but also some numbers recently from Worldlinne

1622
01:23:25,880 --> 01:23:28,240
Speaker 26: that suggest that going into that Christmas period though, there's

1623
01:23:28,280 --> 01:23:30,920
Speaker 26: a little bit of a shift coming through, so down

1624
01:23:30,960 --> 01:23:33,439
Speaker 26: on a year ago, but perhaps up a little bit

1625
01:23:33,520 --> 01:23:36,520
Speaker 26: on where we've been the last couple of months. For example,

1626
01:23:36,840 --> 01:23:39,320
Speaker 26: the worldline data suggests it as we're starting to get

1627
01:23:39,320 --> 01:23:41,800
Speaker 26: into the Christmas spirit, there has actually been a lift

1628
01:23:41,880 --> 01:23:45,840
Speaker 26: in spending compared to last year for the first week

1629
01:23:45,880 --> 01:23:48,559
Speaker 26: I think it was for Christmas. A and Z again

1630
01:23:48,640 --> 01:23:51,360
Speaker 26: suggesting that when you look at some of that spending

1631
01:23:51,400 --> 01:23:54,160
Speaker 26: month on month, again a very slight lift. It's not huge,

1632
01:23:54,160 --> 01:23:57,639
Speaker 26: it's not you know, the economy and spending really starting

1633
01:23:57,640 --> 01:23:59,439
Speaker 26: to get going, but it's a bit of a change.

1634
01:24:00,080 --> 01:24:02,959
Speaker 3: Maybe we've just left around a little bit later hopefully

1635
01:24:03,000 --> 01:24:04,600
Speaker 3: this year, that's what it's indicating.

1636
01:24:05,200 --> 01:24:06,680
Speaker 26: Well, I think as well, you've got a lot of

1637
01:24:06,680 --> 01:24:09,000
Speaker 26: households that you know, there is a bit more confidence

1638
01:24:09,400 --> 01:24:11,800
Speaker 26: that has come through the last couple of months. People

1639
01:24:12,520 --> 01:24:14,200
Speaker 26: can see that light at the end of the tunnel.

1640
01:24:14,200 --> 01:24:17,200
Speaker 26: They can see better things around the corner. They're still cautious,

1641
01:24:17,360 --> 01:24:19,800
Speaker 26: you know, people aren't breaking out the champagne bottles yet.

1642
01:24:19,840 --> 01:24:22,000
Speaker 26: But there's just a little bit of a shift in

1643
01:24:22,080 --> 01:24:25,920
Speaker 26: terms of people's sentiment, their expectations. Maybe a little bit

1644
01:24:25,920 --> 01:24:27,599
Speaker 26: more that goes into the present budget.

1645
01:24:27,800 --> 01:24:28,200
Speaker 3: Not a lot.

1646
01:24:28,240 --> 01:24:30,120
Speaker 26: You're not sort of, you know, doubling up who you're

1647
01:24:30,160 --> 01:24:33,000
Speaker 26: buying for and giving everyone three presents this year, but

1648
01:24:33,120 --> 01:24:34,839
Speaker 26: maybe a little bit of a shift in the budget.

1649
01:24:35,320 --> 01:24:37,320
Speaker 3: What about the job numbers we got out today, had

1650
01:24:37,360 --> 01:24:39,439
Speaker 3: they look brad job.

1651
01:24:39,360 --> 01:24:42,400
Speaker 26: Numbers and the wider labor markets still quite challenging. To

1652
01:24:42,439 --> 01:24:44,880
Speaker 26: be fair, the start is only up until September, and

1653
01:24:44,880 --> 01:24:47,599
Speaker 26: we've seen again that sort of continued drop, as we've

1654
01:24:47,600 --> 01:24:50,639
Speaker 26: been seeing from a number of other indicators coming through

1655
01:24:50,920 --> 01:24:53,519
Speaker 26: stats n Z reporting that for the September twenty twenty

1656
01:24:53,520 --> 01:24:57,559
Speaker 26: four quarter, six thousand, seven hundred odd fewer jobs than

1657
01:24:57,640 --> 01:25:01,200
Speaker 26: in June once you take into account season, the biggest

1658
01:25:01,240 --> 01:25:05,040
Speaker 26: drops occurring in the likes of construction, accommodation and food

1659
01:25:05,080 --> 01:25:07,040
Speaker 26: services and our admin role.

1660
01:25:07,160 --> 01:25:08,560
Speaker 3: So still quite.

1661
01:25:08,280 --> 01:25:11,280
Speaker 26: Tough out there, and in particular you're seeing some sort

1662
01:25:11,280 --> 01:25:13,719
Speaker 26: of big drops in different parts of the country. Auckland

1663
01:25:13,760 --> 01:25:17,120
Speaker 26: down nearly seven thousand roles are compared to where we

1664
01:25:17,120 --> 01:25:20,640
Speaker 26: were midyear, so all of that is dropping away. Interestingly,

1665
01:25:20,720 --> 01:25:24,559
Speaker 26: although we normally in economic downturns see that the likes

1666
01:25:24,560 --> 01:25:28,840
Speaker 26: of women often suffer greater levels of unemployment. Actually, this

1667
01:25:28,960 --> 01:25:32,000
Speaker 26: time with a much higher construction drop off, that's been

1668
01:25:32,040 --> 01:25:35,760
Speaker 26: affecting more males and seeing that group dropping out of

1669
01:25:35,800 --> 01:25:39,120
Speaker 26: work a bit more so. Overall, labor market's still tough,

1670
01:25:39,160 --> 01:25:41,920
Speaker 26: but maybe some early changes coming through in the spending,

1671
01:25:42,840 --> 01:25:46,080
Speaker 26: likely not immediately, but likely into twenty twenty five to

1672
01:25:46,080 --> 01:25:48,559
Speaker 26: support a bit of a shift around in jobs. But

1673
01:25:48,640 --> 01:25:51,240
Speaker 26: we know the jobs market always takes a bit longer

1674
01:25:51,320 --> 01:25:51,759
Speaker 26: to shift.

1675
01:25:52,000 --> 01:25:54,240
Speaker 3: Yeah, and we've still got I mean that the unemployment

1676
01:25:54,320 --> 01:25:56,360
Speaker 3: numbers for next year aren't looking to rosie, are they?

1677
01:25:57,439 --> 01:25:57,800
Speaker 6: For us?

1678
01:25:57,840 --> 01:25:59,439
Speaker 3: Here? Heading it? I think topping at five and a

1679
01:25:59,439 --> 01:26:02,439
Speaker 3: half percent by the middle of next year, right, Well,

1680
01:26:02,560 --> 01:26:03,320
Speaker 3: and that's the thing.

1681
01:26:03,360 --> 01:26:05,519
Speaker 26: I mean that the four car sort of range from

1682
01:26:05,560 --> 01:26:08,240
Speaker 26: about two point five, sorry, five point two through to

1683
01:26:08,280 --> 01:26:11,320
Speaker 26: five point five. You're right, But regardless, that's still a

1684
01:26:11,360 --> 01:26:13,920
Speaker 26: lot of people who are obviously finding it more difficult.

1685
01:26:14,160 --> 01:26:16,559
Speaker 26: We've also seen this year more people dropping out of

1686
01:26:16,560 --> 01:26:20,040
Speaker 26: the jobs market sort of entirely. They're not even becoming unemployed.

1687
01:26:20,040 --> 01:26:23,839
Speaker 26: They're becoming so disenfranchised they're not even looking for jobs

1688
01:26:23,880 --> 01:26:25,519
Speaker 26: at the moment. They're not keen to get them because

1689
01:26:25,520 --> 01:26:27,960
Speaker 26: they can sort of see how difficult it is out

1690
01:26:28,000 --> 01:26:31,680
Speaker 26: their job adds. You know, new positions being advertised now

1691
01:26:31,720 --> 01:26:35,320
Speaker 26: down at like twenty thirteen levels and many more people applying,

1692
01:26:35,360 --> 01:26:38,960
Speaker 26: so a lot of competition out there, and of course that's.

1693
01:26:38,840 --> 01:26:41,640
Speaker 3: Incredibly difficult, certainly is Brad. Thank you very much for that.

1694
01:26:41,680 --> 01:26:43,640
Speaker 3: Great to have you on the show. Brad Olson, Infametrics

1695
01:26:43,640 --> 01:26:47,559
Speaker 3: principal economists, twenty one away from seven m Bridge cost

1696
01:26:47,640 --> 01:26:50,439
Speaker 3: of living crisis. Not here, people, not if you were

1697
01:26:50,439 --> 01:26:52,880
Speaker 3: booking with flight Center. So they had one hundred thousand

1698
01:26:52,920 --> 01:26:56,120
Speaker 3: bookings this year. They've released their annual numbers for US

1699
01:26:56,120 --> 01:26:58,600
Speaker 3: one hundred thousand bookings this year, which is about the

1700
01:26:58,640 --> 01:27:00,519
Speaker 3: same number of bookings as they we had in twenty

1701
01:27:00,560 --> 01:27:03,240
Speaker 3: twenty three, despite the fact that we're all feeling pretty

1702
01:27:03,240 --> 01:27:07,600
Speaker 3: crunched this time. This time round twenty six percent. The

1703
01:27:07,840 --> 01:27:10,519
Speaker 3: big trend they saw was solo travelers. Twenty six percent

1704
01:27:10,560 --> 01:27:14,759
Speaker 3: of people booking solo trips. That's more than people booking

1705
01:27:15,000 --> 01:27:19,479
Speaker 3: family trips. Or people booking trips as a couple. Now

1706
01:27:19,520 --> 01:27:21,519
Speaker 3: I wonder whether, and this is just off the top

1707
01:27:21,560 --> 01:27:23,639
Speaker 3: of my head, but I wonder whether that's because people

1708
01:27:23,680 --> 01:27:25,960
Speaker 3: are traveling like you might be in a relationship, or

1709
01:27:25,960 --> 01:27:27,880
Speaker 3: you might have a family, but you're traveling on your

1710
01:27:27,920 --> 01:27:31,439
Speaker 3: own because it's cheaper. You know, you're going to an event,

1711
01:27:31,640 --> 01:27:34,040
Speaker 3: or you're going to see some friends or catch up

1712
01:27:34,080 --> 01:27:37,479
Speaker 3: with friends who live somewhere else. The Destination's top ten

1713
01:27:37,600 --> 01:27:41,160
Speaker 3: international destinations by flights Books for twenty twenty four aren't

1714
01:27:41,160 --> 01:27:43,920
Speaker 3: as follows number one Brisbane. So we're not going far,

1715
01:27:44,040 --> 01:27:46,879
Speaker 3: are we? But you know that's what it is Sidney

1716
01:27:46,960 --> 01:27:51,200
Speaker 3: Melbourne when we're really not going fast. Sydney Melbourne, London, Fiji, Manila,

1717
01:27:51,400 --> 01:27:55,960
Speaker 3: the Gold Coast, ra Ra, Tongas, Singapore and Bali. The

1718
01:27:56,080 --> 01:27:58,439
Speaker 3: trend for next year, they reckon, will be people going

1719
01:27:58,520 --> 01:28:03,240
Speaker 3: to events for their holidays like a concert or a

1720
01:28:03,520 --> 01:28:08,000
Speaker 3: formula one, et cetera. Interesting stats here, The longest cruise

1721
01:28:08,040 --> 01:28:10,519
Speaker 3: booking that they did was one hundred and eighteen nights.

1722
01:28:11,120 --> 01:28:13,240
Speaker 3: Can you imagine one hundred and eighteen nights on a ship?

1723
01:28:13,560 --> 01:28:17,479
Speaker 3: I'd rather be in prison. A seven hundred and fifty

1724
01:28:17,520 --> 01:28:21,920
Speaker 3: one one thousand dollars is how much Their most expensive

1725
01:28:21,920 --> 01:28:24,160
Speaker 3: cruise booking was four Now it was the twelve people,

1726
01:28:24,680 --> 01:28:26,880
Speaker 3: but seven hundred and fifty thousand dollars, So that's about

1727
01:28:26,880 --> 01:28:28,960
Speaker 3: sixty two thousand per person. That's one hundred and twenty

1728
01:28:29,000 --> 01:28:33,160
Speaker 3: thousand per couple. I looked at the ship. It's the

1729
01:28:33,160 --> 01:28:34,320
Speaker 3: Coral Princess.

1730
01:28:35,080 --> 01:28:36,000
Speaker 2: Looks nice.

1731
01:28:36,160 --> 01:28:39,320
Speaker 3: Would you say three quarters of a million dollars nice?

1732
01:28:39,520 --> 01:28:42,120
Speaker 3: I wouldn't personally, but you know, to each their own.

1733
01:28:42,360 --> 01:28:45,960
Speaker 3: The most expensive hotel booking was a seven nights day

1734
01:28:46,000 --> 01:28:49,280
Speaker 3: for four people at the Intercontinental Borer bore A resort.

1735
01:28:49,520 --> 01:28:52,599
Speaker 3: The price fifty nine thousand bucks.

1736
01:28:53,479 --> 01:28:57,360
Speaker 1: Crunching the numbers and getting the results, it's Ryan Bridge

1737
01:28:57,400 --> 01:29:01,040
Speaker 1: with the Business Hour thanks to my e. The HR

1738
01:29:01,120 --> 01:29:04,000
Speaker 1: solution for busy is illis on news talks.

1739
01:29:04,000 --> 01:29:06,080
Speaker 3: It be sixteen to seven on news Talks. It'd be

1740
01:29:06,200 --> 01:29:08,080
Speaker 3: great to have you company this evening. Devin Gray is

1741
01:29:08,120 --> 01:29:11,320
Speaker 3: our UK correspondent, Gavin Good Evening, Welcome to the show.

1742
01:29:12,520 --> 01:29:15,040
Speaker 3: Hi there, great to have you one. Tell me about

1743
01:29:15,040 --> 01:29:18,920
Speaker 3: this concern from the British government. This is about a

1744
01:29:18,960 --> 01:29:23,040
Speaker 3: bunch of British jihadis who could be freed from Syrian

1745
01:29:23,120 --> 01:29:25,519
Speaker 3: prisons and potentially return home.

1746
01:29:26,760 --> 01:29:30,880
Speaker 27: Yeah, that's what they're looking at here Ryan. So at

1747
01:29:30,920 --> 01:29:35,680
Speaker 27: the moment the group is holding roughly ten thousand fighters

1748
01:29:35,720 --> 01:29:41,080
Speaker 27: in twenty six detention facilities across Syria. Also almost forty

1749
01:29:41,160 --> 01:29:44,360
Speaker 27: six thousand people linked to Islamic State, most of them

1750
01:29:44,400 --> 01:29:48,479
Speaker 27: women and children, at a couple of camps held by

1751
01:29:48,520 --> 01:29:52,799
Speaker 27: the Kurdish led militia alliance supported by the United States

1752
01:29:52,840 --> 01:29:56,439
Speaker 27: called the Syrian Democratic Forces. So at the moment, the

1753
01:29:56,560 --> 01:30:01,439
Speaker 27: new operators out of the capital Syria, Damascus, they are

1754
01:30:01,520 --> 01:30:05,200
Speaker 27: not in charge of this area in northeastern Syria, but

1755
01:30:05,240 --> 01:30:08,519
Speaker 27: it's potentially possible that they may want to become. And

1756
01:30:08,560 --> 01:30:10,679
Speaker 27: then the question is what would happen to all those

1757
01:30:10,680 --> 01:30:13,640
Speaker 27: people in detention. There are said to be dozens of

1758
01:30:13,720 --> 01:30:16,880
Speaker 27: British jihavies, so people who have left the UK went

1759
01:30:16,960 --> 01:30:19,920
Speaker 27: to fight for Islamic State group and were then captured.

1760
01:30:20,080 --> 01:30:23,880
Speaker 27: There are potentially dozens of those in these camps in

1761
01:30:23,960 --> 01:30:27,320
Speaker 27: northeastern Syria. And the theories, of course, as the security

1762
01:30:27,360 --> 01:30:30,759
Speaker 27: situation changes so much in Syria that they may simply

1763
01:30:30,800 --> 01:30:32,760
Speaker 27: be allowed out, and then will they try to get

1764
01:30:32,800 --> 01:30:35,200
Speaker 27: back to the UK or do the UK harm And

1765
01:30:35,240 --> 01:30:37,320
Speaker 27: of course We're not only here, there are fighters from

1766
01:30:37,360 --> 01:30:40,280
Speaker 27: other countries as well, so that's a major question. And

1767
01:30:40,680 --> 01:30:43,800
Speaker 27: as well, as we've been reporting now there's been a

1768
01:30:43,840 --> 01:30:48,200
Speaker 27: pause to granting asylum for Syrian asylum seekers. Those from

1769
01:30:48,280 --> 01:30:51,519
Speaker 27: Syria represent the third largest group of people crossing the

1770
01:30:51,880 --> 01:30:54,760
Speaker 27: Channel on small boats, coming into the UK legally and

1771
01:30:54,800 --> 01:30:57,200
Speaker 27: then trying to claim asylum. So it is going to

1772
01:30:57,240 --> 01:30:59,840
Speaker 27: be something that the government here watching very very c

1773
01:31:00,040 --> 01:31:03,320
Speaker 27: mostly for security reasons, but also you know, so much

1774
01:31:03,439 --> 01:31:05,440
Speaker 27: is moving so quickly in Syria.

1775
01:31:05,479 --> 01:31:07,960
Speaker 3: Interesting because I know that Austria and Germany are doing

1776
01:31:08,040 --> 01:31:10,160
Speaker 3: the same with the paws on the asylum seekers, so

1777
01:31:10,200 --> 01:31:14,439
Speaker 3: the UK is doing that as well. Interesting that Chancellor

1778
01:31:14,520 --> 01:31:17,920
Speaker 3: Rachel Rais is making government departments save how much percent

1779
01:31:18,000 --> 01:31:19,400
Speaker 3: of what percent of their budgets?

1780
01:31:19,600 --> 01:31:24,320
Speaker 27: Five yeah, five percent, which many are saying is not enough,

1781
01:31:24,400 --> 01:31:26,400
Speaker 27: and the departments are all saying, oh, I don't know

1782
01:31:26,400 --> 01:31:27,760
Speaker 27: how we're going to manage.

1783
01:31:27,439 --> 01:31:28,360
Speaker 6: This, Ryan.

1784
01:31:28,360 --> 01:31:30,120
Speaker 27: It's not the first time a government to say we're

1785
01:31:30,160 --> 01:31:32,800
Speaker 27: getting tough with expenditure and we need to crack down.

1786
01:31:33,360 --> 01:31:36,760
Speaker 27: Will it work well, I suppose time will tell. But

1787
01:31:37,120 --> 01:31:39,879
Speaker 27: it came on a day that it was also revealed

1788
01:31:40,320 --> 01:31:45,000
Speaker 27: that one Department had bought two folders for wait for it,

1789
01:31:45,200 --> 01:31:48,639
Speaker 27: two and a half thousand New Zealand dollars. They were

1790
01:31:48,720 --> 01:31:54,200
Speaker 27: six hundred pounds each. They are luxury leather goods manufactured

1791
01:31:54,760 --> 01:31:57,440
Speaker 27: and they are extremely valuable.

1792
01:31:57,800 --> 01:31:59,080
Speaker 6: But do we really.

1793
01:31:58,840 --> 01:32:02,000
Speaker 27: Need ministers to walk around with folders that are that

1794
01:32:02,160 --> 01:32:05,880
Speaker 27: much money each? Ironically, there are leather bound document holders

1795
01:32:05,880 --> 01:32:09,200
Speaker 27: available in the House of Common shop for just sixty

1796
01:32:09,280 --> 01:32:12,080
Speaker 27: five New Zealand dollars. So just as the day the

1797
01:32:12,120 --> 01:32:15,599
Speaker 27: government's announcing this crackdown on waste, then we get news

1798
01:32:15,640 --> 01:32:18,080
Speaker 27: that they're spending this amount of money on these things.

1799
01:32:18,080 --> 01:32:20,760
Speaker 27: The firm that makes them is, of course a luxury firm.

1800
01:32:20,800 --> 01:32:25,000
Speaker 27: It's very well respected. It also makes those famous ministeri

1801
01:32:25,120 --> 01:32:29,520
Speaker 27: or red boxes for the for ministers, and also supplies

1802
01:32:29,600 --> 01:32:32,400
Speaker 27: the royal family. But at a time when the government

1803
01:32:32,479 --> 01:32:34,599
Speaker 27: is trying to cut expenditure, it does seem bizarre.

1804
01:32:35,000 --> 01:32:36,679
Speaker 3: Do we know what was going to go in the folders?

1805
01:32:38,120 --> 01:32:40,320
Speaker 27: Probably just a few bits of paper. I mean they

1806
01:32:40,360 --> 01:32:43,160
Speaker 27: are they're not very chunky, they're quite you know, they're

1807
01:32:43,200 --> 01:32:45,080
Speaker 27: not meant to take large quantities of paper.

1808
01:32:45,400 --> 01:32:48,920
Speaker 3: It's outrageous. Scientists are hoping they can learn how to

1809
01:32:48,960 --> 01:32:53,200
Speaker 3: fix loose dinches with the help of an octopus. Gevin.

1810
01:32:54,439 --> 01:32:56,000
Speaker 6: Yes, so if you have.

1811
01:32:56,280 --> 01:32:59,000
Speaker 27: Dentures then you will know one of the big problems

1812
01:32:59,040 --> 01:33:02,200
Speaker 27: is actually getting them to stay in the same place.

1813
01:33:02,800 --> 01:33:05,040
Speaker 27: Believe it or not, I read a figure that really

1814
01:33:05,040 --> 01:33:07,559
Speaker 27: shocked me. About one in five adults in the UK

1815
01:33:07,920 --> 01:33:12,040
Speaker 27: have either a denture or partial dentures where they're missing teeth.

1816
01:33:12,080 --> 01:33:13,679
Speaker 6: So this is quite a big thing.

1817
01:33:14,760 --> 01:33:17,400
Speaker 27: And of course the problem with the dentires is they

1818
01:33:17,439 --> 01:33:19,719
Speaker 27: did stay in the same place. Because the mouth is moist,

1819
01:33:19,800 --> 01:33:23,080
Speaker 27: it's moving around, it's difficult to adhere. So a scientist

1820
01:33:23,160 --> 01:33:27,680
Speaker 27: from King's College, London started to look for natural solutions.

1821
01:33:28,080 --> 01:33:31,320
Speaker 27: First of all, he got some peach skin stuck to

1822
01:33:31,360 --> 01:33:33,320
Speaker 27: the upper part of his palate and he thought, h

1823
01:33:33,600 --> 01:33:36,600
Speaker 27: now what makes that stick despite my moist mouth. The

1824
01:33:36,680 --> 01:33:39,320
Speaker 27: answer was small hairs, which you can't really do with

1825
01:33:39,360 --> 01:33:42,320
Speaker 27: a denture. He then looked at geckos. Geckos, how do

1826
01:33:42,400 --> 01:33:45,559
Speaker 27: they stick to glass on their feet? Well, they use

1827
01:33:45,640 --> 01:33:48,800
Speaker 27: electrostatic forces, so that wasn't a winner. And then he

1828
01:33:48,920 --> 01:33:52,920
Speaker 27: came upon octopus. Of course, how do OCTOPI I think

1829
01:33:52,920 --> 01:33:56,400
Speaker 27: the plural is how do octopy suckers work? In strong

1830
01:33:56,520 --> 01:33:59,479
Speaker 27: tides underwater, and the answer is they have this sort

1831
01:33:59,479 --> 01:34:03,599
Speaker 27: of vessel, a central vessel in their body, and as

1832
01:34:03,640 --> 01:34:06,479
Speaker 27: they press down on a rock, so a little bit

1833
01:34:06,520 --> 01:34:10,840
Speaker 27: of that central vessel decreases, and that means you get

1834
01:34:10,880 --> 01:34:15,000
Speaker 27: capillary action, which means capillary forces, which means things stick

1835
01:34:15,120 --> 01:34:18,080
Speaker 27: to it. So he's now looking at the prospect potentially

1836
01:34:18,080 --> 01:34:23,160
Speaker 27: a small sort of air filled domes that compress when

1837
01:34:23,200 --> 01:34:25,559
Speaker 27: you press them on the gums. It doesn't sound terribly

1838
01:34:25,640 --> 01:34:27,599
Speaker 27: high tech, but he's convinced this is going to work,

1839
01:34:27,960 --> 01:34:30,439
Speaker 27: and already lots of money going in his direction to

1840
01:34:30,439 --> 01:34:33,080
Speaker 27: see if it will work, to try and sort this

1841
01:34:33,200 --> 01:34:34,360
Speaker 27: problem out once and for.

1842
01:34:34,360 --> 01:34:38,440
Speaker 3: All goodness me. It's an unusual place to find inspiration,

1843
01:34:38,560 --> 01:34:40,400
Speaker 3: but I suppose if it works, it works, and the

1844
01:34:40,439 --> 01:34:42,439
Speaker 3: proof will be in the putting, won't it. The last

1845
01:34:42,439 --> 01:34:45,639
Speaker 3: thing you would want would be like teeth that are

1846
01:34:45,680 --> 01:34:48,400
Speaker 3: like an octopus coming out of your mouth. That's it's

1847
01:34:48,560 --> 01:34:50,920
Speaker 3: like a picture when you were talking, Kevin. Thank you

1848
01:34:51,040 --> 01:34:54,920
Speaker 3: very much, Kevin Gray a UK. It's just gone ten

1849
01:34:54,960 --> 01:34:57,479
Speaker 3: minutes away from seven on news talks. You'd be interesting

1850
01:34:57,479 --> 01:34:59,679
Speaker 3: to hear that the UK is taking the same approach

1851
01:34:59,720 --> 01:35:04,240
Speaker 3: there Austria and Germany are when it comes to Syrian

1852
01:35:04,280 --> 01:35:08,120
Speaker 3: asylum seekers, Austria going the furthest on that and saying, actually,

1853
01:35:08,120 --> 01:35:12,040
Speaker 3: not only we pausing your applications for asylum, but we're

1854
01:35:12,120 --> 01:35:14,479
Speaker 3: potentially going to be sending you back to Syria now

1855
01:35:14,479 --> 01:35:17,439
Speaker 3: that Asad's regime has fallen. Just Gon ten to seven

1856
01:35:17,479 --> 01:35:18,320
Speaker 3: News talks edb.

1857
01:35:19,360 --> 01:35:22,160
Speaker 1: Getting ready for a new administration in the US, what

1858
01:35:22,439 --> 01:35:25,919
Speaker 1: will be the impact. It's The Business Hour with Heather Duplicy,

1859
01:35:26,000 --> 01:35:30,840
Speaker 1: Allen and Myhr. The HR solution for busy SMEs News talks.

1860
01:35:30,640 --> 01:35:34,400
Speaker 3: EDB D Banking has been a big theme on the show.

1861
01:35:34,400 --> 01:35:36,200
Speaker 3: In the last couple of days. We had Gloria of

1862
01:35:36,240 --> 01:35:38,040
Speaker 3: Al the news that B and ZED was going to

1863
01:35:38,040 --> 01:35:40,840
Speaker 3: be pulling out on them. Yesterday today we heard from

1864
01:35:40,880 --> 01:35:44,479
Speaker 3: Federated Farmers. What we heard from a rural petrol station

1865
01:35:44,680 --> 01:35:47,880
Speaker 3: owner that B and Z has said, because of our

1866
01:35:47,880 --> 01:35:50,960
Speaker 3: climate commitments. This is what they told the owner that

1867
01:35:51,000 --> 01:35:53,200
Speaker 3: we spoke to your petrol station owner, because of our

1868
01:35:53,200 --> 01:35:56,080
Speaker 3: climate commitments, we don't think it's a good idea to

1869
01:35:56,120 --> 01:35:59,920
Speaker 3: be investing in fossil fuel businesses like yours. We would

1870
01:35:59,920 --> 01:36:02,920
Speaker 3: like you to repay your debts by twenty thirty please,

1871
01:36:03,439 --> 01:36:05,840
Speaker 3: and we won't give you any more funding, any more

1872
01:36:06,920 --> 01:36:10,439
Speaker 3: lending going forward. Now, how the hell are you if

1873
01:36:10,439 --> 01:36:13,439
Speaker 3: you're a business owner and good faith negotiated with bn

1874
01:36:13,560 --> 01:36:15,040
Speaker 3: Z and you get a letter like that. I mean,

1875
01:36:15,160 --> 01:36:18,280
Speaker 3: I can only imagine how that must feel. And it's

1876
01:36:18,360 --> 01:36:20,920
Speaker 3: not good. So they were in a select committee today,

1877
01:36:21,000 --> 01:36:22,880
Speaker 3: lots of feedback on this. Ryan. I'm sorry, but I

1878
01:36:22,920 --> 01:36:25,040
Speaker 3: call bs on that from the bn Z. It's a

1879
01:36:25,160 --> 01:36:27,880
Speaker 3: very long power cord from the back of the farm

1880
01:36:28,320 --> 01:36:31,120
Speaker 3: because they're trying to say that, you know, EV's coming

1881
01:36:31,160 --> 01:36:33,840
Speaker 3: in might displace some of their business, but in a

1882
01:36:33,920 --> 01:36:35,920
Speaker 3: rural area. Really, is that the kind of place you'd

1883
01:36:35,920 --> 01:36:38,920
Speaker 3: be worried about? This one's interesting, Ryan, I on a

1884
01:36:38,920 --> 01:36:42,519
Speaker 3: civil construction company turning twenty million a year. They told

1885
01:36:42,600 --> 01:36:44,599
Speaker 3: us we had to pay back our loan and move

1886
01:36:44,720 --> 01:36:48,360
Speaker 3: banks as our industry is too risky. Our financial guy

1887
01:36:48,360 --> 01:36:50,599
Speaker 3: has said they're doing this across the board. That's obviously

1888
01:36:50,680 --> 01:36:54,280
Speaker 3: not quite related to climate change potentially, but more just

1889
01:36:54,320 --> 01:36:58,360
Speaker 3: the economy more generally, Ryan, Why has Benz'd become so woke?

1890
01:36:58,479 --> 01:37:02,479
Speaker 3: Why can't they let legitimate businesses just do business? They

1891
01:37:02,560 --> 01:37:05,880
Speaker 3: recently declined a perfectly legit adult goods store company as well.

1892
01:37:05,960 --> 01:37:09,160
Speaker 3: That is true. That is true, that was selling sex

1893
01:37:09,200 --> 01:37:12,559
Speaker 3: toys and told it was not quite in vogue with

1894
01:37:12,640 --> 01:37:15,719
Speaker 3: Benz's rules. So do you go. The thing is about

1895
01:37:15,720 --> 01:37:19,360
Speaker 3: a bank is they're not encumbered to lend to everybody

1896
01:37:19,600 --> 01:37:21,880
Speaker 3: for everything. I mean they're a private business too, trying

1897
01:37:21,880 --> 01:37:25,160
Speaker 3: to make money, aren't they. So yeah, anyway, what are

1898
01:37:25,160 --> 01:37:26,000
Speaker 3: we going out with today?

1899
01:37:26,000 --> 01:37:28,479
Speaker 19: Ant's fill me in by Craig David to play us

1900
01:37:28,479 --> 01:37:30,799
Speaker 19: out tonight. So Craig David has said in an interview

1901
01:37:30,800 --> 01:37:33,880
Speaker 19: that he's always really wanted to do a collaboration with Usher,

1902
01:37:34,280 --> 01:37:36,040
Speaker 19: which when you think about it, you're like, oh, yeah,

1903
01:37:36,040 --> 01:37:38,200
Speaker 19: of course Craig David and Usha that's a matchman heavy

1904
01:37:38,200 --> 01:37:40,160
Speaker 19: but they've never actually done it. They had a little

1905
01:37:40,200 --> 01:37:43,519
Speaker 19: freestyle together on a French radio station, just off the cuff,

1906
01:37:43,760 --> 01:37:46,040
Speaker 19: like back in the day, like in the early noughties,

1907
01:37:46,040 --> 01:37:47,840
Speaker 19: but since then he's like, yeah, we've never really done anything,

1908
01:37:47,880 --> 01:37:49,479
Speaker 19: and i'd be keen as So I tell you what,

1909
01:37:49,560 --> 01:37:52,719
Speaker 19: Usha pick up the phone like that did sell like hotcakes,

1910
01:37:52,760 --> 01:37:53,160
Speaker 19: wouldn't it.

1911
01:37:53,479 --> 01:37:55,720
Speaker 3: Craig David and Usher two names I haven't heard in

1912
01:37:55,760 --> 01:37:56,240
Speaker 3: them very well.

1913
01:37:56,360 --> 01:37:58,400
Speaker 19: Yeah, but the things they're still both quite well regarded,

1914
01:37:58,400 --> 01:38:00,320
Speaker 19: and you're right, haven't done anything super prom it for

1915
01:38:00,320 --> 01:38:03,360
Speaker 19: a bit, so I reckon, yeah, absolutely do a concert

1916
01:38:03,360 --> 01:38:05,040
Speaker 19: together and sell like hotcakes.

1917
01:38:05,120 --> 01:38:08,280
Speaker 3: Brilliant. Well leave you with some Usher and some Craig David. Well, no,

1918
01:38:08,320 --> 01:38:09,160
Speaker 3: which one are we doing?

1919
01:38:09,600 --> 01:38:11,680
Speaker 19: That's just Craig Dave. That's the problem right.

1920
01:38:12,960 --> 01:38:15,360
Speaker 3: Thank you very much everyone for listening. It's been great

1921
01:38:15,400 --> 01:38:17,400
Speaker 3: to spend the afternoon with you. We'll do it all

1922
01:38:17,439 --> 01:38:18,320
Speaker 3: again tomorrow.

1923
01:38:18,400 --> 01:38:55,640
Speaker 28: Have a great evening, Pody, watchay some.

1924
01:39:06,920 --> 01:39:09,000
Speaker 11: Why will you creeping round waves?

1925
01:39:09,200 --> 01:39:09,760
Speaker 7: Last night?

1926
01:39:09,800 --> 01:39:12,080
Speaker 2: But then I see two your shadows moving me in

1927
01:39:12,120 --> 01:39:12,920
Speaker 2: your bedroom?

1928
01:39:13,720 --> 01:39:14,720
Speaker 4: Now you're trasty.

1929
01:39:15,040 --> 01:39:18,080
Speaker 2: Back when I left you was joyasting. Can you fail

1930
01:39:22,680 --> 01:39:23,800
Speaker 2: to answer?

1931
01:39:24,960 --> 01:39:30,080
Speaker 3: Whereas my bottle half the contest and the time to

1932
01:39:30,200 --> 01:39:31,439
Speaker 3: cools and turned on?

1933
01:39:31,800 --> 01:39:32,840
Speaker 25: When you fail me?

1934
01:39:50,600 --> 01:39:53,760
Speaker 1: For more from hither duplessye Alan Drive listen live to

1935
01:39:53,840 --> 01:39:56,880
Speaker 1: news Talks it'd be from four pm weekdays, or follow

1936
01:39:56,920 --> 01:39:58,680
Speaker 1: the podcast on iHeartRadio.