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Speaker 1: Pressing the newsmakers to get the real story. It's Heather

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Speaker 1: duper Cy Ellen Drive with one New Zealand to coverage

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Speaker 1: like no one else New York Savvy.

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Speaker 2: Hey, good afternoon, Welcome to the show. Coming up today,

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Speaker 2: the government's about to announce some plans to get more

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Speaker 2: fuel into the country. We'll have a tat to Shane

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Speaker 2: Jones about that after five fed farmers will talk us

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Speaker 2: through that Fonterra result. And you are going to have

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Speaker 2: to hear this one about the dog and the rental

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Speaker 2: and what the landlord was allowed and not allowed to

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Speaker 2: do about it.

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Speaker 1: Heather duper Cyllen, let's start by.

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Speaker 2: Talking about the Fitch downgrading of New Zealand's credit rating outlook. Now,

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Speaker 2: let's not blow this out of proportion. It is the

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Speaker 2: downgrading of New Zealand's outlook, not the rating itself. And

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Speaker 2: given the fact that the rating was bumped up in

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Speaker 2: twenty twenty two, it's not as if we're on track

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Speaker 2: to lose something that we've had in the last fifteen

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Speaker 2: years or so. And the outlook downgrade only makes our

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Speaker 2: debt very marginally more expensive. It's not going to move

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Speaker 2: things around a lot. However, it is not good because

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Speaker 2: this is what happens before a rating downgrade, which properly

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Speaker 2: does actually make our debt more expensive, and because it

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Speaker 2: is now officially telling you. Fitch is now officially telling

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Speaker 2: you what a lot of us, myself included, have been

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Speaker 2: telling you for two years now, which is that Chris

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Speaker 2: Luxon and Nikola Willis are not cutting spending and not

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Speaker 2: getting on top of our national debt sufficiently. They are

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Speaker 2: spending as much and they are taking on as much

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Speaker 2: debt as Grant Robertson ever did. That is the reason

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Speaker 2: that Fitch has made this call, because it is now

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Speaker 2: struggling to see a future in which government debt is

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Speaker 2: reduced substantially, because getting on top of debt keeps getting delayed,

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Speaker 2: including by this government. Now, what's worrying Fitch in particular

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Speaker 2: is that government debt is on track to be fifty

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Speaker 2: six percent of GDP mid next year. They were expecting

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Speaker 2: it three years ago when they upgraded our rating, they

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Speaker 2: were expecting it to be thirty six percent. Now, there

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Speaker 2: are myriad ways that Luxon and Willis can start reducing

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Speaker 2: debt if they want to. They can actually start cutting

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Speaker 2: public servants back to the levels they were before j

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Speaker 2: Justinda started hime ring thousands. Instead of just pretending they're

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Speaker 2: cutting public servants. They can cut wasteful spending like free

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Speaker 2: university years, which don't multiple studies have now told us,

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Speaker 2: which don't lift enrollments. They can stop corporate welfare, like

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Speaker 2: the announcement that they made today of helping a profitable company, Meridian,

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Speaker 2: build ev charges around this country just so that they

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Speaker 2: can look climate friendlier ahead of an election. They're not

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Speaker 2: going to, obviously, because if they've been spending more than

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Speaker 2: Grant Robinson for two and a half years, it's not

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Speaker 2: as if they're going to change that an election year.

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Speaker 2: But this is a warning sign. Unless it does change,

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Speaker 2: the downgrade is coming.

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Speaker 1: Heather Duplessy Allen.

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Speaker 2: Nineteen nineteen is the text. Understand the text. Fees apply

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Speaker 2: and Nicola Willis's with us after six o'clock so we

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Speaker 2: will discuss this now. Cricket, the bbl idea is dead.

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Speaker 2: N Z twenty is happening. New Zealand Cricket has announced

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Speaker 2: its supporting the idea of setting up a privately owned,

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Speaker 2: franchised competition in New Zealand. Don McKinnon is the chair

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Speaker 2: of the n Z twenty Establishment Committee. Hi, Don, Hello Heather,

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Speaker 2: how are you very well? Thank you? Now this is

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Speaker 2: only a soft green light. I mean NZC is making

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Speaker 2: it very clear it's not a final commitment. So is

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Speaker 2: that enough for you guys to get going.

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Speaker 3: Yes, it is. I mean, I think to really start

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Speaker 3: getting some investor confidence and also to drive forward towards

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Speaker 3: getting a license. We needed this in principal decision first,

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Speaker 3: and we've been asking for it, and it's take it

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Speaker 3: a little while, but we've got there in the end.

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Speaker 2: And do you I mean, are you guys seriously going

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Speaker 2: to be able to make the deadline of January twenty seven?

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Speaker 3: We think we are. I'm slightly you know, I can

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Speaker 3: be at that slightly by saying it's a few things

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Speaker 3: beyond our control, including how long it takes to get

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Speaker 3: the license and to nail that league investor. We've got

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Speaker 3: huge interest, but you know that it will take a

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Speaker 3: little bit of time. So we do have a backup

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Speaker 3: who's going to crook. It's very aware that it could

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Speaker 3: push to January twenty eighth, but that is that's not

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Speaker 3: our goal at the moment. We're going to work really

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Speaker 3: hard to deliver it in the timeframe we've.

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Speaker 2: Got, well, don't you have to go for January twenty seven?

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Speaker 2: Otherwise you've got a whole bunch of of New Zealand

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Speaker 2: black Caps who are going to sign contracts that are

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Speaker 2: multi year and then you lose the best players.

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Speaker 4: Yep.

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Speaker 3: And that's one of the reasons why we want to

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Speaker 3: get there this year. And as I said that, we're

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Speaker 3: we're going to do absolutely everything we can. But it's

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Speaker 3: fair to say the last two or three months of

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Speaker 3: sort of waiting to get to this point has made

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Speaker 3: it challenging.

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Speaker 2: Yeah, what is it that you need to do before

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Speaker 2: January twenty seven so that this thing flies?

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Speaker 3: Well, the list is a really long one to be good,

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Speaker 3: to be honest, But if you start by negotiating a license,

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Speaker 3: getting all the controls that any national body will want

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Speaker 3: to have in place, the major association is one in

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Speaker 3: place and the rules that we'll need, then we need

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Speaker 3: to go and find a licensed owner. Obviously we're well

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Speaker 3: advanced in that regard, but we need to negotiate that.

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Speaker 3: Then we've got to sell the teams. Then we've got

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Speaker 3: to hire the players. Then we've got to find venues

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Speaker 3: for all of those that are fit for purpose a

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Speaker 3: broadcasting deal with the main sponsorship deals. I mean the

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Speaker 3: list is a long one. It's it's significant, and yeah,

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Speaker 3: it looks like a lot of work.

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Speaker 2: Do you think that you have enough interest from investors

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Speaker 2: to account for all of the squads?

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Speaker 1: Yeah?

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Speaker 3: I do. I mean it's remarkable just how many times

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Speaker 3: the phone rings from people saying, you know where that

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Speaker 3: are really interested. What would it take? I mean, at

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Speaker 3: the end of the day, you know, this is still

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Speaker 3: a startup. So is there a risk that we don't

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Speaker 3: we don't achieve what we think we can achieve. Absolutely,

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Speaker 3: But if you just look at what happened in Europe recently,

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Speaker 3: where you know, teams in Rotterdam and teams in Scotland

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Speaker 3: and Ireland were sold for extraordinary sums of money in

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Speaker 3: markets that are just not traditional cricket markets. We're really

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Speaker 3: confident we can make this work.

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Speaker 2: Why do these people want to buy a sports team here?

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Speaker 2: Is it a little bit about I mean, is it

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Speaker 2: about making money or is it a little bit about

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Speaker 2: that thing that people do when they've got lots of

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Speaker 2: money and then they want to have the kudos of

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Speaker 2: owning a sports team. Because it's a bit flash.

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Speaker 3: I think it's mixed. I mean, if you look at

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Speaker 3: the original IPL owners, they've made an absolute fortune by

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Speaker 3: buying teams that have sold, you know, ten times what

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Speaker 3: they paid for them, So there's some motivation there. I

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Speaker 3: think for some people it's almost like, you know, why

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Speaker 3: do you buy a super yacht you die it. You

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Speaker 3: buy it because you want the enjoyment of it, you

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Speaker 3: want the association, you know, And I think on that

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Speaker 3: spectrum from one to the other, there are different spectrums

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Speaker 3: or different positions for different investors. Yeah, it's it's not

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Speaker 3: the sort of thing that that perhaps you or I

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Speaker 3: would do, but there's huge interest around the world from

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Speaker 3: other people.

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Speaker 2: Are you going to hold an auction for the players?

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Speaker 3: We want to absolutely? The question will be whether if

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Speaker 3: we're going for January twenty seven, is that one of

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Speaker 3: the compromises that we have to make to hit that timeframe.

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Speaker 3: So that's probably one of the areas where question mark

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Speaker 3: and year one, but we would very much want to

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Speaker 3: do so many year two if we had to.

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Speaker 2: What are you going to do because there is a

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Speaker 2: conflict of interest potentially with you being in charge of

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Speaker 2: this and then also on the Sport Integrity Commission.

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Speaker 3: Well, interestingly. I mean, I've always been really clear with

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Speaker 3: anyone that if we moved from INTEED twenty being a

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Speaker 3: concept to a reality, I would make a decision around

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Speaker 3: those two. And that's exactly what I had done and

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Speaker 3: will do. And I'm not going to really discuss what

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Speaker 3: I'm doing just yet because I'm just working through it

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Speaker 3: to the only confirm this morning. But yeah, I will

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Speaker 3: not do both of us.

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Speaker 2: Okay, don listen, thank you very much for talking us

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Speaker 2: through it, and good luck with everything that's Don Mkin

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Speaker 2: and the n Z twenty Establishment Committee chair that you

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Speaker 2: would have to say is a good decision. Don't you

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Speaker 2: think that needed to happen?

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Speaker 5: Now?

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Speaker 2: Government has just announced it will temporarily ease fuel rules

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Speaker 2: to allow basically, I mean colloquially, we could just call

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Speaker 2: it dirty a fuel. So we're going to get dirty

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Speaker 2: of fuel into the country. And this is basically to

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Speaker 2: align us with what Australia is getting into its country,

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Speaker 2: and it would allow petrol and diesel that is refined

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Speaker 2: for Australia to also be sold in New Zealand, which

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Speaker 2: gives us obviously a wider range of shipments available to us,

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Speaker 2: but also it means we can take Australian fuel in here. Now,

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Speaker 2: what I think is interesting about this and I'll tell

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Speaker 2: you about it in a tech What I think is

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Speaker 2: interesting here is I would have thought that we're actually

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Speaker 2: in a better fuel position than Australia is. So it's

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Speaker 2: interesting to consider. Maybe this is looking way ahead in

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Speaker 2: the future, but interesting to think that we'd be getting

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Speaker 2: fuel from them. But we'll ask Shane Jones about it

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Speaker 2: when he's with us. Just half the five quarter past.

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Speaker 1: It's the Heather Duper see Allan Drive full show podcast

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Speaker 1: on iHeartRadio powered my news talk zeb.

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Speaker 2: Here this so to be clear, credit rating outlooked, raised

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Speaker 2: under Labor, downgraded under Nationals Coalition. Yeah, it's going to

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Speaker 2: be an awkward sell at the election, isn't It's an

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Speaker 2: awkward story to tell. Eighteen past four good.

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Speaker 1: Sport with generate for all board winning performances, generate keiwisavor

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Speaker 1: dot co dot Zeid.

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Speaker 2: Jason Pines, sports talkhosters of That's hat Piney.

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Speaker 6: Hello, Heather you reckon it was the right call? Absolutely, yeah, absolutely.

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Speaker 6: If the alternative was entry into the Big Bash, then

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Speaker 6: what does that mean for a whole bunch of cricketers

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Speaker 6: who don't make the big Bash team. We can put

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Speaker 6: that to one side. Now it is the right decision.

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Speaker 6: To tell you what, Don McKinnon, A lot of sports

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Speaker 6: administrators could learn from him answering questions. Heather, you know

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Speaker 6: you've asked him questions. He gave you straight answers. I

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Speaker 6: thought that was very impressive from Don McKinnon. Yes, time

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Speaker 6: is of the essence. Now they've got to stand this

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Speaker 6: thing up. They've got to find the investors, as he said,

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Speaker 6: find buyers for the teams, run an auction if they

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Speaker 6: want to find venues, all that sort of thing. But

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Speaker 6: I mean, in many ways New Zealand Crickets sort of

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Speaker 6: have set on their hands. But before they come to

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Speaker 6: this point, at least we've got a decision. Onwards, I say,

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Speaker 6: Onwards absolutely the right to say.

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Speaker 2: Why aren't n Z Sea talking about it? Given the

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Speaker 2: other ones who made the decision today.

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Speaker 7: I don't know the answer to that.

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Speaker 2: What's going on?

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Speaker 6: Well, I guess they probably feel as though they don't

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Speaker 6: have anything to say, but.

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Speaker 2: I want to know why they chose to over BBL.

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Speaker 2: I mean, there are a thousand questions to ask them.

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Speaker 7: Man there, well, hither you want get an argument from me?

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Speaker 2: Okay, Now, realistically, I mean that is a long list

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Speaker 2: of stuff that they have to get done. They have

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Speaker 2: to go to councils, they have to sell, they have

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Speaker 2: to sell the franchises potentially like the locations to councils.

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Speaker 2: The councils have to assure them that they have got

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Speaker 2: up to scratch facilities. It's just such a long list

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Speaker 2: of stuff they have to do before January. Is it realistic?

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Speaker 6: Yeah, here's what your hope is that they've been kind

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Speaker 6: of doing that in the background, with the hope that

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Speaker 6: this day would come, that they would get the decision

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Speaker 6: in their favor. Certainly, in as far as the investors

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Speaker 6: are concerned, I get the feeling that they've been in

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Speaker 6: contact regularly with the investors saying, hey, we feel confident,

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Speaker 6: we're just waiting for the decision. Please hang with us,

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Speaker 6: Please stay with us. Probably the same with you know,

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Speaker 6: with the councils and those sort of people who have

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Speaker 6: the grounds. You know, maybe this isn't actually as much

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Speaker 6: of a race against time as we think it is.

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Speaker 6: It's March they've gone. You'd have to think they want

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Speaker 6: to have everything in place by what November. There's a

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Speaker 6: bit of time to Yeah, a bit of runway, not

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Speaker 6: as much as they would have liked, but I think

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Speaker 6: enough runway.

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Speaker 2: Yeah, I think you might be right. I mean, it's

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Speaker 2: not as if we have to go and build things

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Speaker 2: from scratch, right, These facilities do it.

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Speaker 7: The grounds are there, Yeah, the grounds are there.

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Speaker 2: Yeah, they get used from time to time. But the

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Speaker 2: hardest thing will be stitching together a few uniforms. But

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Speaker 2: I've got some white T shirts yep you okay?

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Speaker 6: Well, hopefully hopefully they'll know where to come when they're looking,

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Speaker 6: when they're looking for kit.

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Speaker 2: I'll give them the white T shirts. You give them

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Speaker 2: the blue ones. Somebody can rock up with the red ones.

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Speaker 2: We'll be fine. Hey, aren't the Warriors? What do you reckon?

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Speaker 8: Oh?

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Speaker 7: Okay, yeah, what do you think? How good? I think

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Speaker 7: it's hard not to get excited, doesn't it.

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Speaker 3: You know?

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Speaker 6: I know we're any three games in and Warriors fans

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Speaker 6: me included, tend to get a bit carried away with

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Speaker 6: these things. But man, they've been good good the other day.

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Speaker 6: Tanner Boyd excellent, Jackson Ford superb. Everything trending in the

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Speaker 6: right direction. They should beat the Tigers this week. I

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Speaker 6: think the storm away in three weeks will give us

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Speaker 6: a good indication of where they actually are. But at

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Speaker 6: the moment, all indicators are fairly positive.

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Speaker 2: Heare money. I always want to just understand what's going

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Speaker 2: on in their heads because it's really I mean, you

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Speaker 2: can tell me if I'm wrong, but it doesn't feel

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Speaker 2: like there is that much changing in terms of personnel

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Speaker 2: from year to year, and their performance has changed. So

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Speaker 2: it's all just in their head, isn't it.

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Speaker 6: Yeah, And the way they're being coached, the way they're

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Speaker 6: being motivated. Yeah, yeah, but I don't know, maybe they're

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Speaker 6: developing together. You're right, there hasn't been a massive wholesale

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Speaker 6: change in roster. It's pretty much the same guys.

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Speaker 7: So yeah.

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Speaker 6: One of the vagaries of elite sport a you can

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Speaker 6: be amazing one season and not so good the next,

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Speaker 6: and then here we go again. It's it's the roller

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Speaker 6: coaster of elite sport.

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Speaker 2: I think, Heather, it's all the old mental game. Hey,

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Speaker 2: thank you very much, Piney, looking forward to your show.

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Speaker 2: That's Jason Pine Sports Store Coast will be back at

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Speaker 2: seven two.

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Speaker 1: Digging deeper into the day's headlines, it's Heather duplic Ellen

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Speaker 1: Drive with one new Zealand coverage like no one else

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Speaker 1: news talks.

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Speaker 2: They'd be yea, there isn't it, Sir Don McKinnon, Mate,

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Speaker 2: you are confusing the two dons. One is a diplomat

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Speaker 2: and the other one is the sports guy. Four twenty

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Speaker 2: four list in Australia. Interesting, interesting situation in Australia. So

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Speaker 2: Australia's had six of its fuel ships canceled. That's at

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Speaker 2: least six of its fuel ships because there's not total

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Speaker 2: transparency on this. And this is because they get a

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Speaker 2: lot of their fuel from Char and China's put a

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Speaker 2: ban on the export. So they've had at least six canceled,

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Speaker 2: which has put them in a bit of a tight spot.

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Speaker 2: They still have eighty en route to arrive, so just

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Speaker 2: put that into a bit of context there in terms

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Speaker 2: of the numbers. But yesterday, as a result of this,

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Speaker 2: yesterday for the first time, the alban Ezy government acknowledged

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Speaker 2: that they would actually prefer Australians maybe to think about

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Speaker 2: working from home and coming back on their fuel consumption.

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Speaker 2: So we'll have a chat to Oli Peterson, who'll be

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Speaker 2: with us in about fifteen minutes on that. I'll give

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Speaker 2: you our fueld numbers because the fuel counters come out,

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Speaker 2: so get this is the start of it, right, So

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Speaker 2: we're doing fuel counts now twice a week later like

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Speaker 2: COVID cases. Exactly like, Look, I'm not, I'm not. I'm

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Speaker 2: just I just want to say I'm not there mentally,

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Speaker 2: I'm just not. Are you feeling like you're ready for

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Speaker 2: the sands? I'm not ready.

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Speaker 9: This is way too kind enough. We've had a few

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Speaker 9: years off. I think we can get serious.

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Speaker 2: Like honestly, when they were like, oh and they have

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Speaker 2: to start ratling, I was like, I'm not.

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Speaker 1: I'm not.

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Speaker 2: I'm not doing it because I just I just I

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Speaker 2: am still tired still.

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Speaker 9: To really be one crisis per lifetime show really more

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Speaker 9: than one's unreasonable chase.

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Speaker 2: Honestly, you don't care about my fields, but that's our

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Speaker 2: you know. Anyway, we'll just move on from my fields.

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Speaker 2: We don't need to talk about that. Here are the

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Speaker 2: fuel numbers, just like the COVID numbers. This is as

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Speaker 2: of last Wednesday, because it takes a few days to count.

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Speaker 2: We have fifty days worth of petrol either in the

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Speaker 2: country or en route, forty five days worth of diesel,

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Speaker 2: and forty five days worth of jet fuel. It didn't

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Speaker 2: move much from the previous count, which was three days earlier.

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Speaker 2: It was the Sunday one fewer day of petrol, one

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Speaker 2: and a half or thereabouts fewer days of diesel, and

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Speaker 2: about four fewer days of jet fuel. We have eight

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Speaker 2: shipments that are going to arrive by April, the first

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Speaker 2: which is next Wednesday. It will contain between them, they

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Speaker 2: will contain twenty days of petrol, twenty days of diesel,

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Speaker 2: and twenty two days of jet fuel. Yeah, it's going

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Speaker 2: to be like the COVID things anyway. So we're going

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Speaker 2: to I'm gonna have to I don't have time right now,

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Speaker 2: but we're gonna have to address this text because this

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Speaker 2: text has raised something. This is from Phil Heather bang

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Speaker 2: on with your intro. The thing that amazes me is

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Speaker 2: the number of New Zealanders of all ages, surprisingly, not

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Speaker 2: least of all older people, who think it's an absolute

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Speaker 2: outrage when the country doesn't support them in a fulsome way.

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Speaker 2: So many people don't want to know. I believe the

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Speaker 2: country can no longer afford the lifestyles of the past,

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Speaker 2: or if it does afford it now, it is much

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Speaker 2: worse than the decades to come. Now I think Phil

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Speaker 2: has hit hit the nail on the head with something,

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Speaker 2: so I'm writing it down Phil's text. We're going to

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Speaker 2: deal with it after the news News is next.

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Speaker 1: The day's newsmakers talk to Heather first. Heather do for

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Speaker 1: the Elan drive with one New Zealand and the power

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Speaker 1: of satellite mobile news talks end.

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Speaker 2: Be its significant if you've been following cricket and wondering

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Speaker 2: what the hold up is might be this Dion Nash

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Speaker 2: has just resigned from the New Zealand Cricket Board. He

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Speaker 2: says he basically can't align his future. I'm not quoting

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Speaker 2: him verbatim, so let me get this up and quote

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Speaker 2: m verbatim. Could no longer align with the future direction

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Speaker 2: of the organization and his position within that. Ultimately, I

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Speaker 2: reached a point where I felt it was the right

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Speaker 2: time to step aside. Now, the fact that it's come

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Speaker 2: on the same day that NZ twenty has been agreed

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Speaker 2: to is not a coincidence, because I've been hearing for

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Speaker 2: weeks now that Dion has been vehemently opposed to it. Anyway,

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Speaker 2: we'll give a call see if he'll come on the

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Speaker 2: show and have a chat to us about it so

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Speaker 2: apropos Phil's text, where Phil was winging quite rightly winging,

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Speaker 2: makes it sound like the wrong thing to do. Where

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Speaker 2: he was complaining that people in this country, every time

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Speaker 2: we need help, we get own government help us plays

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Speaker 2: not the right approach to take. And it's exactly what's

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Speaker 2: just happened with Meridian and the EV charges. I cannot

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Speaker 2: tell you how frustrated I am by this announcement today.

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Speaker 2: So the government's announced that it's spending about fifty million

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Speaker 2: dollars on giving Meridian and I don't even know who

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Speaker 2: else some free money. Basically it's interest free loans. But

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Speaker 2: you know they're giving them the money to roll out

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Speaker 2: what is it like, twenty five hundred charges EV charges

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Speaker 2: up and down this country. Now why I oppose this

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Speaker 2: is this is not free for us. We're giving it

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Speaker 2: to Meridian, who by the way, turned to profit just

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Speaker 2: the other day of around two hundred and thirty million dollars.

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Speaker 2: We're giving it to them for free, but we are

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Speaker 2: taking on debt as a country, so we are not

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Speaker 2: getting this Money's not free for us. We are paying

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Speaker 2: for this in order to help this. What frustrates me

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Speaker 2: about it is if this made commercial sense. Meridian would

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Speaker 2: do it by itself. It wouldn't need government money for it. Anyway.

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Speaker 2: We'll have a chat to Nikola about that. After six o'clock,

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Speaker 2: Barrysoap will be thus than ten minutes twenty three away

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Speaker 2: from five.

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Speaker 1: It's the world wires on news togs. They'd be drive.

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Speaker 2: Donald Trump has threatened to bomb Iran's power stations if

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Speaker 2: the strait of her moors is not opened. He says

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Speaker 2: the biggest one will be first, which is a bit

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Speaker 2: of a worry because Iran has a fairly big nuclear

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Speaker 2: power station which would cause massive destruction if it was

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Speaker 2: blown up. America's you and ambassador has been asked whether

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Speaker 2: that station is the threat or the target.

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Speaker 10: I would never take anything off the tab for the president,

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Speaker 10: certainly not on national television. However, there are larger plants.

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Speaker 10: There's one outside of Tehran. There are others outside of

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Speaker 10: other cities that are gas fired, thermal powered.

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Speaker 2: NATO Secretary General Mark Ritta very much wants straight open again,

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Speaker 2: and he says he's discussing with men the States how

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Speaker 2: they can help make that happen.

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Speaker 11: What is needed, ven if it needed, and how we

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Speaker 11: will make this together as soon as the time is

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Speaker 11: ripe to get this done, to make sure that the

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Speaker 11: strator from moves opens up and that we secure the

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Speaker 11: free ceilings also when it comes to the street.

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Speaker 2: And finally, staff at a gift shop in Hobart Airport

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Speaker 2: have found an unexpected intruder and amongst the soft toys,

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Speaker 2: a real life possum had set up shop in a

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Speaker 2: cubby hole full of kangaroo plushies. The shop owner says

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Speaker 2: the possum probably thought it would blend in among the

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Speaker 2: other animals. I mean that's assuming a lot. It might

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Speaker 2: have just thought it was warm. Anyway, it was safely

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Speaker 2: removed from the airport by.

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Speaker 1: Management International Correspondence with Ends and Eye Insurance for New

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Speaker 1: Zealand Business.

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Speaker 2: Oliver Peterson ABC Perth Radio Drive presenter with us Alo Olie, I'm.

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Speaker 5: Still on the Wars train. Heather up the Wars.

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Speaker 2: Good good. I'm pleased to hear it. It's easy to

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Speaker 2: be Hey, are you going to go on strike with

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Speaker 2: everybody else from ABC?

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Speaker 12: Well, that's something that we've been discussed before I came

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Speaker 12: and had a chat to you. Look, I'm not a

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Speaker 12: member of the union, so I probably have to continue

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Speaker 12: to do my show.

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Speaker 5: But will my colleagues be with me? I don't know.

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Speaker 5: I do not know.

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Speaker 12: So look as you and I talk right now, managers

436
00:19:32,440 --> 00:19:34,639
Speaker 12: here in Western Australia are in closed door meetings and

437
00:19:34,680 --> 00:19:36,760
Speaker 12: I guess we'll be told what happens moving forward.

438
00:19:36,760 --> 00:19:38,960
Speaker 5: But yeah, new experience for me too, Heather.

439
00:19:39,040 --> 00:19:40,879
Speaker 2: Yeah, well, listen, cannot say how proud I am of

440
00:19:40,920 --> 00:19:43,080
Speaker 2: you for not being a Union member. So go you

441
00:19:43,119 --> 00:19:45,879
Speaker 2: already winning. Now tell me about one nation. How's it

442
00:19:45,920 --> 00:19:47,400
Speaker 2: going well?

443
00:19:47,400 --> 00:19:49,480
Speaker 12: And doing very well in South Australia. They may end

444
00:19:49,560 --> 00:19:52,359
Speaker 12: up with six seats. That is quite a remarkable feed

445
00:19:52,359 --> 00:19:55,520
Speaker 12: in the lower House of the South Australian Legislative Assembly.

446
00:19:56,080 --> 00:19:59,040
Speaker 12: And they pold better than the Liberal Party did on

447
00:19:59,080 --> 00:20:02,080
Speaker 12: the weekend. And a message this is sending to the

448
00:20:02,359 --> 00:20:05,520
Speaker 12: Liberal Party right across the country because Labour secured thirty

449
00:20:05,520 --> 00:20:08,119
Speaker 12: eight percent of the primary votes Pedemlanascus by the way,

450
00:20:08,440 --> 00:20:09,560
Speaker 12: romp thing in South Australia.

451
00:20:09,560 --> 00:20:10,840
Speaker 5: Everybody knew that was going to happen.

452
00:20:11,119 --> 00:20:13,879
Speaker 12: But one nation's vote right, This is primary vote surge

453
00:20:13,920 --> 00:20:17,480
Speaker 12: to twenty two percent. Now, that is a nineteen point

454
00:20:17,520 --> 00:20:20,560
Speaker 12: four percent swing right. That is huge, and so one

455
00:20:20,640 --> 00:20:23,680
Speaker 12: in five people decided they vote for one nation, Liberals

456
00:20:23,680 --> 00:20:27,159
Speaker 12: trailed behind with a primary vote of just nineteen percent

457
00:20:27,240 --> 00:20:28,399
Speaker 12: down to sixteen percent.

458
00:20:28,760 --> 00:20:31,040
Speaker 5: Sixty percent of those votes counted the Liberal Party.

459
00:20:31,080 --> 00:20:34,120
Speaker 12: And this is obviously nothing new to anybody who listens

460
00:20:34,200 --> 00:20:38,040
Speaker 12: to your wonderful program, Heather. They're in awful strife at

461
00:20:38,040 --> 00:20:40,360
Speaker 12: the moment here in Australia. And if the warning signs

462
00:20:40,359 --> 00:20:42,879
Speaker 12: are not ringing loudly for Angus Taylor, this is what

463
00:20:42,880 --> 00:20:45,040
Speaker 12: could happen whenever we go to a federal election. So

464
00:20:45,560 --> 00:20:48,840
Speaker 12: watch now the retrick from the Liberal Party to start

465
00:20:48,840 --> 00:20:52,280
Speaker 12: to attack one nation because ultimately, yeah, it's a protest vote.

466
00:20:52,359 --> 00:20:54,440
Speaker 12: The questions still have to be asked, who are your

467
00:20:54,440 --> 00:20:57,120
Speaker 12: candidates and what do you stand for? There's no policies

468
00:20:57,160 --> 00:20:58,879
Speaker 12: behind that, So look, the Libs have got a big

469
00:20:58,920 --> 00:20:59,200
Speaker 12: jobing it.

470
00:20:59,320 --> 00:20:59,800
Speaker 5: We know that.

471
00:21:00,080 --> 00:21:02,760
Speaker 12: But it is very, very interesting. This result in South

472
00:21:02,800 --> 00:21:05,640
Speaker 12: Australia was as the polls predicted. And boy, oh boy,

473
00:21:05,760 --> 00:21:07,840
Speaker 12: you'd hate to be Angus Taylor today too.

474
00:21:07,800 --> 00:21:10,919
Speaker 2: Right now, listen, working from home, this is just a

475
00:21:11,000 --> 00:21:12,960
Speaker 2: gentle encouragement, isn't it.

476
00:21:13,960 --> 00:21:16,280
Speaker 5: Well, you know what the messaging and it's probably the

477
00:21:16,280 --> 00:21:17,000
Speaker 5: same in New Zealand.

478
00:21:17,000 --> 00:21:18,679
Speaker 12: But the messaging at the moment from our government over

479
00:21:18,720 --> 00:21:21,320
Speaker 12: fuel supply has been all over the shop. But Chris

480
00:21:21,359 --> 00:21:25,000
Speaker 12: Bowen used his platform yesterday on the Insiders program here

481
00:21:25,000 --> 00:21:27,320
Speaker 12: on the AVC to indicate it'd be good for Australians

482
00:21:27,359 --> 00:21:29,240
Speaker 12: to work from home if they don't need to go

483
00:21:29,280 --> 00:21:31,399
Speaker 12: to work. But you know we're a different situation than

484
00:21:31,680 --> 00:21:33,920
Speaker 12: the rest of the country. Tell you what around Perth today,

485
00:21:33,920 --> 00:21:36,320
Speaker 12: and I've been in the city this morning. It's quiet

486
00:21:36,520 --> 00:21:38,680
Speaker 12: now mondays a kind of quiet in Perth anyway, people

487
00:21:38,720 --> 00:21:40,600
Speaker 12: seem to work from home. But I was just talking

488
00:21:40,720 --> 00:21:42,639
Speaker 12: again this is anecdotally, but I was just talking to

489
00:21:42,640 --> 00:21:44,560
Speaker 12: a good mate of mine that owns three coffee shops

490
00:21:44,560 --> 00:21:47,320
Speaker 12: in the middle of Perth, CBD and he said, Olie,

491
00:21:47,400 --> 00:21:50,200
Speaker 12: we've been down ten to fifteen percent last week.

492
00:21:50,600 --> 00:21:52,480
Speaker 5: Like he's already starting to fret over this.

493
00:21:52,640 --> 00:21:55,040
Speaker 12: So look, Chris Bowen's giving us the warning stay home

494
00:21:55,119 --> 00:21:57,000
Speaker 12: if you can, if you can work from home. Fuel

495
00:21:57,000 --> 00:21:59,360
Speaker 12: prices diesel price is probably edging up to almost three

496
00:21:59,400 --> 00:22:02,520
Speaker 12: dollars a leter here in Australia, which is obviously quite

497
00:22:02,560 --> 00:22:04,440
Speaker 12: expensive when they're about a dollar eighty only a few

498
00:22:04,440 --> 00:22:08,000
Speaker 12: weeks ago. We are waiting to hear more supposedly six

499
00:22:08,040 --> 00:22:09,960
Speaker 12: ships that were on their way to Australia. Of the

500
00:22:10,040 --> 00:22:11,879
Speaker 12: nineteen odd ships or twenty odd ships that were on

501
00:22:11,880 --> 00:22:13,800
Speaker 12: their way to Australia with fuel, six of them are

502
00:22:13,840 --> 00:22:17,800
Speaker 12: not coming. So they're just trying to keep everybody in check.

503
00:22:18,080 --> 00:22:21,639
Speaker 12: But the messaging has just been really really pathetic to

504
00:22:22,080 --> 00:22:22,920
Speaker 12: where we are at the moment.

505
00:22:22,960 --> 00:22:24,760
Speaker 2: Hey, am Olie, always good to talk to you, mate,

506
00:22:24,760 --> 00:22:26,320
Speaker 2: Good luck with all the striking and all that stuff.

507
00:22:26,359 --> 00:22:30,280
Speaker 2: It's Oli Pis and ABC Perth Radio Drive presenter together

508
00:22:30,520 --> 00:22:35,920
Speaker 2: do for cl The government's assistance package for the fuel

509
00:22:35,960 --> 00:22:38,199
Speaker 2: crisis going to be announced tomorrow. But what is interesting

510
00:22:38,280 --> 00:22:39,960
Speaker 2: what's just been sent to me is the Prime Minister

511
00:22:40,040 --> 00:22:44,040
Speaker 2: has just committed to fiscal neutrality. So he said, what

512
00:22:44,080 --> 00:22:46,840
Speaker 2: we've been clear about are the parameters for any support

513
00:22:46,880 --> 00:22:49,280
Speaker 2: that we provide, which is that it must be targeted,

514
00:22:49,600 --> 00:22:52,000
Speaker 2: it must be timely, it must be temporary, and this

515
00:22:52,040 --> 00:22:55,520
Speaker 2: is the important thing, it must not drive inflation or

516
00:22:55,560 --> 00:22:58,640
Speaker 2: debt higher. So here's my question to you. If they

517
00:22:58,680 --> 00:23:00,399
Speaker 2: are going to do what we think going to do

518
00:23:00,400 --> 00:23:03,240
Speaker 2: it tomorrow, which is to dick around a little bit,

519
00:23:03,480 --> 00:23:05,320
Speaker 2: dic say it sounds terrible. No, let's just say that

520
00:23:05,359 --> 00:23:08,520
Speaker 2: they're going to tweak the working for families so that

521
00:23:08,560 --> 00:23:10,800
Speaker 2: people who are not earning very much can get just

522
00:23:10,800 --> 00:23:12,520
Speaker 2: a little bit more money in order to be able

523
00:23:12,560 --> 00:23:14,080
Speaker 2: to pay for their petrolf. They're going to tweak them.

524
00:23:14,760 --> 00:23:16,919
Speaker 2: How are they going to make that not push up

525
00:23:16,920 --> 00:23:18,720
Speaker 2: inflation or how are they going to do that because

526
00:23:18,720 --> 00:23:20,760
Speaker 2: they're giving out more money, how are they going to

527
00:23:20,800 --> 00:23:23,320
Speaker 2: stop pushing up inflation? And how they're going to not

528
00:23:23,359 --> 00:23:26,840
Speaker 2: take on more debt unless they cut something to pay

529
00:23:26,840 --> 00:23:29,159
Speaker 2: for that. So what are they going to cut? So

530
00:23:29,160 --> 00:23:30,920
Speaker 2: we'll talk to Nikola Willis about let me just write

531
00:23:30,920 --> 00:23:33,119
Speaker 2: that down. We're doing this, we're doing live writing. I'm

532
00:23:33,160 --> 00:23:35,400
Speaker 2: going to ask Nikola Willis when she's with us after six. Okay,

533
00:23:35,400 --> 00:23:38,600
Speaker 2: now we've got the pole new poll out. This is

534
00:23:38,640 --> 00:23:41,560
Speaker 2: the R and Z Reed Research poll. It's slightly better

535
00:23:41,560 --> 00:23:45,320
Speaker 2: for National than that pole that we now refer to

536
00:23:45,720 --> 00:23:48,480
Speaker 2: as the kind of low mark. It's not that much

537
00:23:48,520 --> 00:23:51,240
Speaker 2: better though, unfortunately, So National is on thirty point eight,

538
00:23:51,280 --> 00:23:54,080
Speaker 2: so it's rounded up thirty one percent support. That's only

539
00:23:54,240 --> 00:23:58,439
Speaker 2: what is that two point five percent higher than what

540
00:23:58,480 --> 00:24:00,879
Speaker 2: they were in the other pole anyway, So you know,

541
00:24:01,880 --> 00:24:04,160
Speaker 2: you just judge it for yourself thirty one percent. That's

542
00:24:04,240 --> 00:24:06,800
Speaker 2: National Labors in the top spot thirty five point six percent.

543
00:24:06,800 --> 00:24:09,000
Speaker 2: New Zealand First is on ten point six percent. That

544
00:24:09,119 --> 00:24:12,040
Speaker 2: is its highest score, by the way, in nearly ten

545
00:24:12,119 --> 00:24:15,120
Speaker 2: years since July twenty seventeen. Greens are on ten point

546
00:24:15,160 --> 00:24:17,360
Speaker 2: one percent, Actors on seven percent, Marty Parties on three

547
00:24:17,400 --> 00:24:19,080
Speaker 2: point two percent. It doesn't really matter because I know

548
00:24:19,160 --> 00:24:20,320
Speaker 2: thing this is going to happen on the night, but

549
00:24:20,359 --> 00:24:23,480
Speaker 2: it's sixty sixty deadlock in terms of the coal In

550
00:24:23,560 --> 00:24:26,880
Speaker 2: terms of who actually becomes government preferred Prime Minister Hipkins

551
00:24:26,960 --> 00:24:30,480
Speaker 2: is in top spot twenty point seven. Luxon is on

552
00:24:30,560 --> 00:24:34,159
Speaker 2: seventeen point three. Winston Peters is at thirteen percent, and

553
00:24:34,200 --> 00:24:35,680
Speaker 2: then the right track and the wrong track and it's

554
00:24:35,720 --> 00:24:37,280
Speaker 2: all looking a little bit ugly, and I might run

555
00:24:37,680 --> 00:24:39,760
Speaker 2: Barry Soop will probably talk to us about this next

556
00:24:39,800 --> 00:24:41,679
Speaker 2: and if he doesn't, all run you through some more numbers.

557
00:24:41,840 --> 00:24:42,800
Speaker 2: Sixteen away from.

558
00:24:42,640 --> 00:24:46,240
Speaker 1: Five Politics with centrics, credit, check your customers and get

559
00:24:46,240 --> 00:24:47,080
Speaker 1: payments certainty.

560
00:24:48,320 --> 00:24:51,120
Speaker 2: Shane Jones, the Resources Minister, will be with us after

561
00:24:51,119 --> 00:24:53,160
Speaker 2: five on what he's doing. Refuel to get more into

562
00:24:53,200 --> 00:24:55,359
Speaker 2: the country right now. Thirteen away from five and Barry

563
00:24:55,359 --> 00:24:58,479
Speaker 2: so per senior political correspondence with US. Hello, Barry, good afternoon.

564
00:24:58,800 --> 00:25:00,760
Speaker 2: So we're going to have the income pack or the

565
00:25:00,800 --> 00:25:02,480
Speaker 2: relief package announced tomorrow.

566
00:25:02,600 --> 00:25:05,479
Speaker 13: Yes, it will be announced tomorrow. And the reason Nicola

567
00:25:05,680 --> 00:25:09,680
Speaker 13: was told in post cabinet news conference today was that

568
00:25:09,760 --> 00:25:11,920
Speaker 13: there were certain things that had to be put in place,

569
00:25:11,960 --> 00:25:14,240
Speaker 13: and you can understand that they made the decision at

570
00:25:14,320 --> 00:25:16,840
Speaker 13: cabinet before coming down to talk to the media. But

571
00:25:17,640 --> 00:25:21,840
Speaker 13: Nicola Wills says, this crisis and that's a word that

572
00:25:22,000 --> 00:25:26,199
Speaker 13: was increasingly used at today's news conference, will affect the

573
00:25:26,359 --> 00:25:27,760
Speaker 13: government's books issues.

574
00:25:27,880 --> 00:25:31,879
Speaker 14: We borrowing large sums of money to insulate New Zealanders

575
00:25:31,880 --> 00:25:34,560
Speaker 14: from this conflict. A conflict that is not of our

576
00:25:34,600 --> 00:25:38,919
Speaker 14: making would increase debt and debt servicing costs and potentially

577
00:25:39,040 --> 00:25:42,320
Speaker 14: lead to a credit rating downgrade that would further push

578
00:25:42,320 --> 00:25:46,520
Speaker 14: out borrowing costs for the government, for business and for households. However,

579
00:25:46,760 --> 00:25:50,399
Speaker 14: we are very conscious that the conflict is particularly impacting

580
00:25:50,480 --> 00:25:54,320
Speaker 14: on low and middle income working families with children. Therefore,

581
00:25:54,560 --> 00:25:58,160
Speaker 14: the government will shortly be announcing timely, temporary and targeted

582
00:25:58,200 --> 00:26:03,359
Speaker 14: measures to support these household's most affected by fuel price increases.

583
00:26:03,560 --> 00:26:06,520
Speaker 14: Kebnet did take decisions today and we will announce the

584
00:26:06,560 --> 00:26:08,080
Speaker 14: details of this tomorrow.

585
00:26:08,560 --> 00:26:13,040
Speaker 13: So certainly it's going to further in debt this nation.

586
00:26:13,200 --> 00:26:14,840
Speaker 2: That's not what she said, Well she did.

587
00:26:14,960 --> 00:26:17,119
Speaker 13: She said we will be borrowing more.

588
00:26:17,680 --> 00:26:20,600
Speaker 2: What she was warning about was the impact of borrowing

589
00:26:20,680 --> 00:26:23,080
Speaker 2: large sums. She wasn't saying that she would be borrowing.

590
00:26:23,119 --> 00:26:24,880
Speaker 13: Well, it'll be interesting to hear what she says.

591
00:26:25,160 --> 00:26:27,480
Speaker 2: I mean, yeah, I mean it's quite binary, isn't it.

592
00:26:27,520 --> 00:26:29,920
Speaker 2: You either cut or you borrow. So she's going to

593
00:26:30,000 --> 00:26:32,240
Speaker 2: have to cut something in order for it, Well for.

594
00:26:32,200 --> 00:26:34,680
Speaker 13: It, I don't know what they can cut. They could

595
00:26:34,720 --> 00:26:37,520
Speaker 13: have cut earlier on. But I think you know this

596
00:26:37,680 --> 00:26:41,720
Speaker 13: situation because it's a great unknown, for example, how long

597
00:26:41,800 --> 00:26:44,639
Speaker 13: this conflict's going to go on for. And there's no

598
00:26:44,680 --> 00:26:47,320
Speaker 13: doubt that it will impact on the government's books.

599
00:26:47,880 --> 00:26:51,080
Speaker 2: Okay, now, what's the green solution? And are you a

600
00:26:51,200 --> 00:26:51,760
Speaker 2: huge fan?

601
00:26:53,880 --> 00:26:56,000
Speaker 13: I'm a big fan. I've written to the Prime Minister

602
00:26:56,800 --> 00:27:01,080
Speaker 13: today suggesting that he makes some public trans sport free

603
00:27:01,640 --> 00:27:06,760
Speaker 13: for three months to help alleviate transport cost pressures. They've

604
00:27:06,840 --> 00:27:11,240
Speaker 13: also suggested the government should do work on a temporary

605
00:27:11,600 --> 00:27:15,840
Speaker 13: crisis payment basis to low and rural New Zealanders. I

606
00:27:15,840 --> 00:27:18,400
Speaker 13: don't know why rural I thought the rural New Zealanders

607
00:27:18,400 --> 00:27:21,480
Speaker 13: were doing better than most, But they say that it

608
00:27:21,520 --> 00:27:23,760
Speaker 13: would include people on a benefit in order to help

609
00:27:23,800 --> 00:27:27,240
Speaker 13: them with transport costs. The only aspect of the whole

610
00:27:27,560 --> 00:27:31,000
Speaker 13: package that they've written to the Prime Minister about that's

611
00:27:31,040 --> 00:27:34,879
Speaker 13: been costed is the free public transport. And I've costed

612
00:27:34,880 --> 00:27:37,880
Speaker 13: that one hundred and forty three point five million. Where

613
00:27:37,880 --> 00:27:40,080
Speaker 13: the money comes from? Who knows?

614
00:27:40,240 --> 00:27:43,359
Speaker 2: Yeah, well it's the Greens, so I probably know where actually,

615
00:27:43,400 --> 00:27:45,439
Speaker 2: other than the money tree. And what did you make

616
00:27:45,480 --> 00:27:48,080
Speaker 2: of Winston's Winston's State of the Nation speech.

617
00:27:48,760 --> 00:27:51,560
Speaker 13: Well, the point Winston Peters made early on in a specion,

618
00:27:51,600 --> 00:27:53,919
Speaker 13: I think you've got to remember this man is a

619
00:27:53,920 --> 00:27:58,760
Speaker 13: campaigner extraordinary, and he's fall into the campaign at the moment.

620
00:27:58,880 --> 00:28:01,480
Speaker 13: And the point that he made about Chris Hopkins when

621
00:28:01,520 --> 00:28:04,679
Speaker 13: he recently made his State of the Nation address, he

622
00:28:04,760 --> 00:28:07,880
Speaker 13: made it in front of the Auckland Chamber of Commerce.

623
00:28:08,040 --> 00:28:11,119
Speaker 13: And the point that Peter's made was, at least he

624
00:28:11,240 --> 00:28:14,920
Speaker 13: draws his own audience. And when you look at the

625
00:28:14,920 --> 00:28:17,760
Speaker 13: hall that he filled yesterday and he said it was overflowing,

626
00:28:18,040 --> 00:28:20,480
Speaker 13: I wasn't there so I don't know, but there was

627
00:28:20,520 --> 00:28:24,520
Speaker 13: a thousand apparently in the hall and he said rooms

628
00:28:24,520 --> 00:28:27,720
Speaker 13: were overflowing. So one thing that Winston Peters is able

629
00:28:27,760 --> 00:28:30,280
Speaker 13: to do in the lead up to the elections is

630
00:28:30,280 --> 00:28:34,679
Speaker 13: to phil Hall's old fashioned type campaigning if you like.

631
00:28:35,640 --> 00:28:39,840
Speaker 13: But Peters had to go at both fon Terror and

632
00:28:40,160 --> 00:28:43,160
Speaker 13: in New Zealand about how the being managed.

633
00:28:42,840 --> 00:28:46,680
Speaker 15: Terry is twenty four times my salary.

634
00:28:47,040 --> 00:28:51,920
Speaker 5: Na, you might like me very much, got twenty four

635
00:28:52,000 --> 00:28:52,760
Speaker 5: times myself.

636
00:28:53,280 --> 00:28:54,880
Speaker 16: And that's why now picture plan this year.

637
00:28:54,880 --> 00:28:56,800
Speaker 5: We're going to show you what our plan is for

638
00:28:56,840 --> 00:28:58,120
Speaker 5: the economy and it.

639
00:28:58,000 --> 00:29:05,440
Speaker 15: Doesn't include stupid politicians. Volterra, our largest country's largest company,

640
00:29:05,720 --> 00:29:09,560
Speaker 15: has gone from a propped up nationalist company to a

641
00:29:09,720 --> 00:29:13,640
Speaker 15: seller glovers company and just one thing about edis in

642
00:29:13,680 --> 00:29:17,400
Speaker 15: them this type of economic neoliberal Lucy read its head

643
00:29:17,480 --> 00:29:20,760
Speaker 15: recently when they were calls for the government to sell

644
00:29:20,840 --> 00:29:23,960
Speaker 15: its major shield a stake in any Zeal Does that

645
00:29:24,080 --> 00:29:25,000
Speaker 15: ring a belt him?

646
00:29:26,120 --> 00:29:26,520
Speaker 1: Yeah?

647
00:29:26,640 --> 00:29:29,200
Speaker 15: Yes, Any Zeal needs to stop calling itself a wok

648
00:29:29,240 --> 00:29:35,840
Speaker 15: and the sky, stop wallless, bullbust and the public behavior

649
00:29:35,880 --> 00:29:38,200
Speaker 15: the lock and the sky can you conceive from being

650
00:29:38,240 --> 00:29:43,080
Speaker 15: in the sky, concentrate on leaving on time.

651
00:29:47,160 --> 00:29:49,520
Speaker 13: Yeah, well, you know he's certainly the man of the moment,

652
00:29:49,520 --> 00:29:53,880
Speaker 13: there isn't he. And when he talks about Miles Horald's

653
00:29:54,200 --> 00:29:58,320
Speaker 13: payment twenty four times his I multiplied his salary by

654
00:29:59,240 --> 00:30:02,080
Speaker 13: twenty four and it comes out to seven point three

655
00:30:02,200 --> 00:30:05,640
Speaker 13: million dollars. So I assume that's the final payout he gets.

656
00:30:05,680 --> 00:30:10,080
Speaker 13: But you know, this's been more than ninety percent of

657
00:30:10,120 --> 00:30:13,680
Speaker 13: farmers voted in favor of selling off friends, so it

658
00:30:13,760 --> 00:30:14,920
Speaker 13: is a farmer owned company.

659
00:30:15,200 --> 00:30:17,280
Speaker 2: Thank you very much, very appreciate it. Bear by the way,

660
00:30:17,320 --> 00:30:19,960
Speaker 2: congratulations on selling out your Writer's Week thing.

661
00:30:20,280 --> 00:30:20,800
Speaker 14: Oh thank you.

662
00:30:20,880 --> 00:30:22,360
Speaker 2: It must have been a really tiny haul.

663
00:30:24,000 --> 00:30:25,240
Speaker 13: I think it was a telephone box.

664
00:30:25,240 --> 00:30:28,520
Speaker 2: Actually sold out within five minutes because five people tickets.

665
00:30:28,560 --> 00:30:31,560
Speaker 2: Barry Soaper, senior political correspondent, I'll deal with more of

666
00:30:31,560 --> 00:30:33,240
Speaker 2: the poll than the ticke eight away from five.

667
00:30:33,920 --> 00:30:38,600
Speaker 1: The headlines and the hard questions. It's the mic asking breakfast.

668
00:30:38,120 --> 00:30:41,360
Speaker 17: Winston Peater's New Zealand first leader. Have you ascertained as

669
00:30:41,360 --> 00:30:44,400
Speaker 17: to how far off national would be from splitting Gen Taylors.

670
00:30:44,400 --> 00:30:45,560
Speaker 17: In general, it's madness.

671
00:30:45,560 --> 00:30:48,120
Speaker 15: We had all those decades of a cutting edge advantage

672
00:30:48,120 --> 00:30:49,760
Speaker 15: from the humand business and homes, and then.

673
00:30:49,680 --> 00:30:52,320
Speaker 7: We had a reform process was a real level nightmare.

674
00:30:52,400 --> 00:30:54,920
Speaker 7: It promised future costs with plateau.

675
00:30:54,680 --> 00:30:55,959
Speaker 5: And the very reverse habits.

676
00:30:55,960 --> 00:30:57,440
Speaker 3: So when a renditioning about it, the.

677
00:30:57,360 --> 00:31:00,400
Speaker 17: Prime Minister's were this quick word on Winston away from

678
00:31:00,400 --> 00:31:01,200
Speaker 17: splitting gentiles.

679
00:31:01,280 --> 00:31:03,000
Speaker 1: We're it's not going to do it because you've jaw.

680
00:31:02,880 --> 00:31:05,160
Speaker 17: Boned a lot on supermarkets, a lot on banks, and

681
00:31:05,200 --> 00:31:07,040
Speaker 17: a lot on the power pridle. I just think in

682
00:31:07,080 --> 00:31:09,640
Speaker 17: this case it causes massive uncertainty in a sector where

683
00:31:09,640 --> 00:31:11,120
Speaker 17: that needs stability is certainty.

684
00:31:11,200 --> 00:31:13,400
Speaker 5: It's massively disruptive if you did something like that.

685
00:31:13,720 --> 00:31:16,440
Speaker 17: Back tomorrow at six am the Mic Hosking Breakfast with

686
00:31:16,520 --> 00:31:18,480
Speaker 17: Bayley's real Estate News talk z B.

687
00:31:20,440 --> 00:31:21,680
Speaker 2: All right, we're going to have a chat to Shane

688
00:31:21,720 --> 00:31:24,040
Speaker 2: Jones very shortly about what's going on with the fuel situation,

689
00:31:24,080 --> 00:31:25,640
Speaker 2: because I'm getting a lot of text saying it's not

690
00:31:25,760 --> 00:31:28,120
Speaker 2: dirty of fuel, so we'll clear it up with them. Also,

691
00:31:28,240 --> 00:31:30,160
Speaker 2: I tell you what we need to talk about is

692
00:31:30,560 --> 00:31:32,480
Speaker 2: the situation. I don't know if you've caught up on this,

693
00:31:32,560 --> 00:31:34,840
Speaker 2: but the situation with the landlords and the tenants and

694
00:31:34,880 --> 00:31:37,080
Speaker 2: the dogs. So I'll just tell you really quickly because

695
00:31:37,080 --> 00:31:39,040
Speaker 2: we're going to talk to the lawyer about this. A

696
00:31:39,720 --> 00:31:43,360
Speaker 2: couple of tenants, never mind who they are, whatever, but

697
00:31:43,520 --> 00:31:45,880
Speaker 2: the principle is what matters here. A couple of tenants

698
00:31:45,920 --> 00:31:48,520
Speaker 2: moved into a house told the landlord they have a cat.

699
00:31:48,560 --> 00:31:50,800
Speaker 2: The cat. The landlord said, yep, you can have cats.

700
00:31:51,120 --> 00:31:53,640
Speaker 2: But then the landlord did an inspection and suspected that

701
00:31:53,680 --> 00:31:55,880
Speaker 2: it was a dog there because the place just looked

702
00:31:55,920 --> 00:31:57,560
Speaker 2: like it had a dog and there was a strong

703
00:31:57,640 --> 00:32:02,200
Speaker 2: smell of urine and dog throughout the house. They denied

704
00:32:02,240 --> 00:32:03,760
Speaker 2: that they had a dog. At one point there was

705
00:32:03,760 --> 00:32:06,480
Speaker 2: a slip up with a text when the landlord was

706
00:32:06,520 --> 00:32:08,240
Speaker 2: doing some work on the garage and one of the

707
00:32:08,280 --> 00:32:11,160
Speaker 2: tenants text and said they have Rocky at work. And

708
00:32:11,200 --> 00:32:13,360
Speaker 2: then they asked, well, who's Rocky. Oh, no, Rocky's the cat.

709
00:32:13,440 --> 00:32:15,800
Speaker 2: The cat's going to the vet. So what it's painted

710
00:32:15,800 --> 00:32:17,840
Speaker 2: a picture of is that they knew they weren't allowed

711
00:32:17,840 --> 00:32:20,080
Speaker 2: a dog, and they were keeping the dog out of

712
00:32:20,120 --> 00:32:22,480
Speaker 2: sight when the landlord was there. Anyway, the landlord then

713
00:32:22,480 --> 00:32:25,080
Speaker 2: figured out by looking at the instagrams and stuff like that,

714
00:32:25,080 --> 00:32:26,760
Speaker 2: that there was in fact a dog because they were

715
00:32:26,760 --> 00:32:31,040
Speaker 2: celebrating the dog's birthdays There is a legal question though,

716
00:32:31,080 --> 00:32:33,880
Speaker 2: as to how much you can find out as a landlord,

717
00:32:33,920 --> 00:32:35,880
Speaker 2: like are you allowed to snoop through the old social

718
00:32:35,960 --> 00:32:37,920
Speaker 2: media's find out if there's a dog there? Will have

719
00:32:37,960 --> 00:32:40,480
Speaker 2: a chat to Mike Thornton, who's a solicitor, might be

720
00:32:40,520 --> 00:32:43,280
Speaker 2: able to that's right, talk us through it. Here's a

721
00:32:43,320 --> 00:32:45,239
Speaker 2: little bit more and he'll bear us a quarter pas,

722
00:32:45,320 --> 00:32:47,600
Speaker 2: he's a little bit more on the old pole. Half

723
00:32:47,640 --> 00:32:51,240
Speaker 2: of respondents fifty percent say Luxen is performing poorly as

724
00:32:51,280 --> 00:32:55,480
Speaker 2: Prime Minister, thirty percent say he's doing well. Hipkins, thirty

725
00:32:55,480 --> 00:32:57,520
Speaker 2: six say he's doing well, and thirty six say he's

726
00:32:57,560 --> 00:33:01,720
Speaker 2: doing poorly. Dealt with a pollen. I forget about it

727
00:33:01,720 --> 00:33:03,440
Speaker 2: for a little bit. Count we Shane Jones.

728
00:33:03,160 --> 00:33:16,320
Speaker 18: Next, then leave street. Call you please your rules?

729
00:33:16,640 --> 00:33:18,280
Speaker 1: Are you delve.

730
00:33:20,120 --> 00:33:20,320
Speaker 8: Hat?

731
00:33:20,720 --> 00:33:21,560
Speaker 18: Just a little?

732
00:33:27,600 --> 00:33:30,280
Speaker 1: The only drive show you can trust truck to ask

733
00:33:30,360 --> 00:33:34,720
Speaker 1: the questions, get the answers, find the FATA and give

734
00:33:34,760 --> 00:33:38,520
Speaker 1: the analysis. Here the duplicyl and drive with one New

735
00:33:38,560 --> 00:33:41,760
Speaker 1: Zealand and the power of satellite mobile news talks.

736
00:33:41,800 --> 00:33:42,040
Speaker 19: In b.

737
00:33:43,600 --> 00:33:47,040
Speaker 2: Afternoon, the Government's announced it's relaxing fuel rules to allow

738
00:33:47,120 --> 00:33:49,800
Speaker 2: Assie grade fuel into New Zealand. As we deal with

739
00:33:49,840 --> 00:33:53,280
Speaker 2: the Iran related crisis. The Associate Energy Minister Shane Jones

740
00:33:53,320 --> 00:33:53,800
Speaker 2: is with US.

741
00:33:53,680 --> 00:33:56,000
Speaker 20: Now Hi Shane Hi, afternoon.

742
00:33:56,240 --> 00:33:59,200
Speaker 2: So what's the difference between our standards and the Australian standards.

743
00:34:00,040 --> 00:34:04,720
Speaker 20: Well, basically, they actually have a host of standards that

744
00:34:04,840 --> 00:34:07,560
Speaker 20: in some respects are a little bit more stringent than ours.

745
00:34:07,960 --> 00:34:10,480
Speaker 20: But what we've tried to do is harmonize them so

746
00:34:10,520 --> 00:34:13,120
Speaker 20: that when they, for example, bring a big one hundred

747
00:34:13,160 --> 00:34:18,480
Speaker 20: and twenty million liter vessel into Australia, we can piggyback

748
00:34:18,520 --> 00:34:21,439
Speaker 20: on it as well. One area that we're not going

749
00:34:21,480 --> 00:34:25,680
Speaker 20: to touch, which has excited some elements of the motorist community,

750
00:34:26,239 --> 00:34:28,279
Speaker 20: is the level of sulfur in the fuel. There is

751
00:34:28,280 --> 00:34:30,960
Speaker 20: a fear that if we get that wrong there could

752
00:34:31,000 --> 00:34:34,279
Speaker 20: be some problems with some of the flash European vehicles.

753
00:34:34,719 --> 00:34:38,279
Speaker 20: But by this harmonization, we open up and widen the

754
00:34:38,360 --> 00:34:41,400
Speaker 20: scope to get fuel for New Zealand and Australia with

755
00:34:41,480 --> 00:34:45,400
Speaker 20: the same specifications from a wider range of sources.

756
00:34:45,840 --> 00:34:47,880
Speaker 2: Is it wrong for us to say it's duety of fuel.

757
00:34:49,320 --> 00:34:52,360
Speaker 20: Yeah, I don't think that it's becoming of you on

758
00:34:54,560 --> 00:34:57,279
Speaker 20: leading broadcasters. In the entirety of my life and I

759
00:34:57,320 --> 00:34:59,160
Speaker 20: was born in nineteen fifty nine to talk about our

760
00:34:59,160 --> 00:35:01,439
Speaker 20: Ossie compatriot, it's in such a tawdry way.

761
00:35:02,160 --> 00:35:06,680
Speaker 2: You all right, what is this actually? So the point

762
00:35:06,719 --> 00:35:08,319
Speaker 2: of this is not so much that we get the

763
00:35:08,400 --> 00:35:11,040
Speaker 2: same we feel from the same places as Australia, but

764
00:35:11,120 --> 00:35:13,400
Speaker 2: rather that we're able to get it from Australia. Is

765
00:35:13,440 --> 00:35:13,839
Speaker 2: that right?

766
00:35:14,560 --> 00:35:17,960
Speaker 20: Yeah? I mean basically fuel dedicated to Australia. If we

767
00:35:17,960 --> 00:35:21,600
Speaker 20: were going to be slavishly technical, it may not have

768
00:35:21,640 --> 00:35:23,880
Speaker 20: been able to come to New Zealand because of the

769
00:35:24,040 --> 00:35:28,719
Speaker 20: finicky differences. But those differences are so insubstantial that we're

770
00:35:28,760 --> 00:35:33,600
Speaker 20: going to harmonize. It's temporary, but obviously the PM on

771
00:35:33,719 --> 00:35:36,719
Speaker 20: various other occasions has talked about how it's overdue for

772
00:35:36,800 --> 00:35:40,239
Speaker 20: harmonization between Ossie and Kiwi, and who knows, could very

773
00:35:40,239 --> 00:35:41,160
Speaker 20: well become permanent.

774
00:35:41,160 --> 00:35:43,720
Speaker 2: But Shane, are we not actually ourselves in a better

775
00:35:43,719 --> 00:35:46,520
Speaker 2: position fuel wise than Australia. So the chances at least

776
00:35:46,520 --> 00:35:48,880
Speaker 2: for now, of us needing to get Australian fuel a

777
00:35:49,000 --> 00:35:50,040
Speaker 2: card slim, isn't it.

778
00:35:51,280 --> 00:35:51,520
Speaker 7: Yeah?

779
00:35:51,560 --> 00:35:55,280
Speaker 20: Well, I spoke on behalf of the n Z government

780
00:35:55,360 --> 00:35:58,640
Speaker 20: with all of the energy ministers from Australia last Friday,

781
00:35:59,280 --> 00:36:01,920
Speaker 20: and it was even an to me that because we

782
00:36:02,000 --> 00:36:06,279
Speaker 20: started a tad earlier than them, and we've worked day

783
00:36:06,320 --> 00:36:10,600
Speaker 20: by day with the transportation community, the primary sector, community,

784
00:36:11,360 --> 00:36:15,880
Speaker 20: critical services, and the oil companies that were slightly ahead

785
00:36:15,880 --> 00:36:19,160
Speaker 20: of our Aussie compatriots in terms of our preparedness, but

786
00:36:19,200 --> 00:36:22,680
Speaker 20: they're bigger, They have far more heft in terms of

787
00:36:22,719 --> 00:36:24,360
Speaker 20: dealing with the rest of the world. But you know,

788
00:36:24,360 --> 00:36:26,000
Speaker 20: I want your listeners to bear in mind, on a

789
00:36:26,000 --> 00:36:28,880
Speaker 20: good day, we're probably thirty million people at the end

790
00:36:28,920 --> 00:36:30,920
Speaker 20: of the railway track. So we've got to work together

791
00:36:31,040 --> 00:36:33,239
Speaker 20: because we're dealing with some huge oil companies here, and

792
00:36:33,239 --> 00:36:34,360
Speaker 20: not the least of which is X.

793
00:36:34,920 --> 00:36:37,480
Speaker 2: So is this you preparing not for this crisis to

794
00:36:37,520 --> 00:36:39,560
Speaker 2: be a short lived thing, but actually way in the

795
00:36:39,600 --> 00:36:42,279
Speaker 2: future potentially needing to get some oil and some fuel

796
00:36:42,280 --> 00:36:44,279
Speaker 2: from Australia. This is a longer term thing, isn't it.

797
00:36:44,719 --> 00:36:48,040
Speaker 20: Yeah, I mean it's both a punt and a hedge,

798
00:36:48,040 --> 00:36:50,719
Speaker 20: but I really think it's important to everyone bear in mind.

799
00:36:51,239 --> 00:36:53,400
Speaker 20: We can come up with a whole bunch of demand

800
00:36:53,440 --> 00:36:55,960
Speaker 20: restraint measures and towards the end of the week, Nichola

801
00:36:56,000 --> 00:36:57,719
Speaker 20: and I will talk about that. But it's better we

802
00:36:57,800 --> 00:37:01,600
Speaker 20: put our effort into securing supply. Then we don't go

803
00:37:01,800 --> 00:37:03,959
Speaker 20: We don't need to go into any rationing. We don't

804
00:37:04,000 --> 00:37:06,440
Speaker 20: need to work out whether porpinos in Auckland or out

805
00:37:06,440 --> 00:37:08,680
Speaker 20: of Auckland. Who wants to go back? That might Merrish

806
00:37:08,800 --> 00:37:10,200
Speaker 20: to cinder a durn reality.

807
00:37:10,360 --> 00:37:14,319
Speaker 2: Yeah too, right, Okay, this demand measure that you're talking about,

808
00:37:14,360 --> 00:37:16,240
Speaker 2: are you going to suggest that people work from home?

809
00:37:17,760 --> 00:37:22,400
Speaker 20: Well, without boring your listeners, there's four categories. When we

810
00:37:22,400 --> 00:37:24,759
Speaker 20: get to category three and four, then there's a whole

811
00:37:24,800 --> 00:37:28,239
Speaker 20: bunch of different interventions. Look, I don't want to race

812
00:37:28,280 --> 00:37:30,360
Speaker 20: towards people working from home because there's a lot of

813
00:37:30,400 --> 00:37:33,480
Speaker 20: blue collar people. They don't have the luxury to work

814
00:37:33,520 --> 00:37:36,120
Speaker 20: in the bureaucracy and poke their nonal honest chair at

815
00:37:36,120 --> 00:37:38,080
Speaker 20: home and work from home. They still have to catch

816
00:37:38,080 --> 00:37:39,640
Speaker 20: a bus, they still have to go to work, and

817
00:37:39,719 --> 00:37:40,919
Speaker 20: my heart's often with them.

818
00:37:41,280 --> 00:37:43,479
Speaker 2: Okay, Shane, thanks very much. Appreciate it that Shane Jones,

819
00:37:43,520 --> 00:37:46,880
Speaker 2: Associate Energy Minister, obviously asking that question because Australia is

820
00:37:46,920 --> 00:37:50,279
Speaker 2: moving closer to that five to eleven. Hever d out

821
00:37:50,560 --> 00:37:52,759
Speaker 2: more good news for Fonterra. The dairy co op has

822
00:37:52,760 --> 00:37:55,560
Speaker 2: made a seven hundred and fifty million dollar profit after tax,

823
00:37:55,680 --> 00:37:59,359
Speaker 2: beating market expectations and improving on last year's result, and

824
00:38:00,120 --> 00:38:02,879
Speaker 2: the fore cast farm Gate milk price midpoint has been

825
00:38:02,880 --> 00:38:05,600
Speaker 2: lifted to nine dollars seventy per CAG of milk solids.

826
00:38:05,680 --> 00:38:08,160
Speaker 2: Carl Dean is the Federated Farmer's Dairy Chair is with

827
00:38:08,239 --> 00:38:11,319
Speaker 2: us Hi Carl whi a the heather. This is great,

828
00:38:11,320 --> 00:38:14,359
Speaker 2: but probably not unexpected, right, because you guys have been

829
00:38:14,400 --> 00:38:16,240
Speaker 2: having these wonderful milk auctions.

830
00:38:17,640 --> 00:38:19,960
Speaker 21: Yeah, like you said, we've been having I think it's

831
00:38:19,960 --> 00:38:21,920
Speaker 21: been about five or six options in a row now

832
00:38:21,960 --> 00:38:25,000
Speaker 21: where it's been quite an uplift. So it's not unexpected.

833
00:38:25,880 --> 00:38:28,680
Speaker 21: And obviously there's going to be a bit of change

834
00:38:28,719 --> 00:38:31,799
Speaker 21: with the increasing fuel price will put a hamper on

835
00:38:31,840 --> 00:38:33,239
Speaker 21: any profits from that.

836
00:38:33,560 --> 00:38:35,279
Speaker 2: No, I would imagine are you guys headed towards a

837
00:38:35,280 --> 00:38:36,120
Speaker 2: ten dollar midpoint?

838
00:38:37,920 --> 00:38:41,000
Speaker 21: I don't believe we'll be seeing a ten dollars It'd

839
00:38:41,000 --> 00:38:42,959
Speaker 21: be hard to imagine that would be the case. Now,

840
00:38:43,719 --> 00:38:46,400
Speaker 21: there are futures markets sitting around the nine dollars seventy

841
00:38:46,480 --> 00:38:49,640
Speaker 21: to eighty mark, so Fonterra's got it pretty much where

842
00:38:49,640 --> 00:38:50,480
Speaker 21: the futures.

843
00:38:50,120 --> 00:38:52,799
Speaker 2: Are yeah, Carl, I mean you couldn't have two more

844
00:38:52,800 --> 00:38:56,600
Speaker 2: different situations with Fonterra in Sinlay. What are you seeing

845
00:38:56,600 --> 00:38:58,799
Speaker 2: in Sinlay? Are you seeing signs that this is getting better?

846
00:39:00,719 --> 00:39:03,239
Speaker 21: I think it's told that it's very hard for a

847
00:39:03,560 --> 00:39:06,720
Speaker 21: processor if you put all your eggs in one basket

848
00:39:07,719 --> 00:39:11,000
Speaker 21: to try to turn things around. I think in the

849
00:39:11,400 --> 00:39:14,520
Speaker 21: report they did mention home milk powder and that wasn't

850
00:39:14,520 --> 00:39:16,799
Speaker 21: so flashed towards the beginning of the financial year. So

851
00:39:17,760 --> 00:39:20,040
Speaker 21: I think that they've got a strategy that they need

852
00:39:20,040 --> 00:39:22,800
Speaker 21: to execute in terms of turning tunings and lay around.

853
00:39:23,000 --> 00:39:26,279
Speaker 21: But the main thing is they're paying farmers based on

854
00:39:26,320 --> 00:39:27,120
Speaker 21: what Froontira is pay.

855
00:39:27,440 --> 00:39:30,080
Speaker 2: Yeah. Now tell me about your guys fuel situation in

856
00:39:30,160 --> 00:39:32,399
Speaker 2: rural New Zealand. You've still got lots of diesel.

857
00:39:34,080 --> 00:39:36,800
Speaker 13: I think the market for diesels is tight enough.

858
00:39:38,120 --> 00:39:40,600
Speaker 21: Most farms are still getting diesel when they require it.

859
00:39:40,680 --> 00:39:43,200
Speaker 21: But obviously that price of diesel has gone through the

860
00:39:43,239 --> 00:39:44,920
Speaker 21: roof in the last couple of weeks.

861
00:39:45,200 --> 00:39:47,200
Speaker 2: Good stuff, Hey, Carl, thanks very much, man, Carl Deane,

862
00:39:47,200 --> 00:39:51,480
Speaker 2: Federated Farmer's Dairy Chair. There has no one told Shane

863
00:39:51,560 --> 00:39:53,920
Speaker 2: Jones that six oil ships headed towards Australia have been

864
00:39:53,960 --> 00:39:56,200
Speaker 2: turned around and sent elsewhere. It's a fair point to make, Raymond.

865
00:39:56,200 --> 00:39:58,480
Speaker 2: This is why what he's just announced is not a

866
00:39:58,520 --> 00:40:01,120
Speaker 2: short term thing, because Australi is not in a position

867
00:40:01,160 --> 00:40:03,520
Speaker 2: to be giving us fuel. We're actually in a better

868
00:40:03,520 --> 00:40:06,839
Speaker 2: position fuel wise than Australia. This is when Australia because

869
00:40:06,880 --> 00:40:09,680
Speaker 2: Elbow's calling everybody and he's putting pressure on everybody and

870
00:40:09,719 --> 00:40:12,279
Speaker 2: he's going to be able to eventually it will kind

871
00:40:12,320 --> 00:40:14,360
Speaker 2: of start. They'll they'll get a few of more of

872
00:40:14,400 --> 00:40:17,040
Speaker 2: those really big tankers come into Australia. And that's the

873
00:40:17,080 --> 00:40:20,600
Speaker 2: point future from now, weeks from now, when we're going,

874
00:40:20,640 --> 00:40:22,839
Speaker 2: oh we're not getting the fuel, now you're getting field,

875
00:40:22,880 --> 00:40:25,280
Speaker 2: that's when we go. That's that's when we need these rules.

876
00:40:25,920 --> 00:40:29,040
Speaker 2: Over the weekend, very happy to say and to have

877
00:40:29,080 --> 00:40:31,600
Speaker 2: read that the government has ordered a complete review of

878
00:40:31,640 --> 00:40:34,719
Speaker 2: the Dog Control Act after all the attacks and whatnot.

879
00:40:34,760 --> 00:40:37,880
Speaker 2: This was announced by Simon Watson's the Minister Responsible on Saturday.

880
00:40:38,239 --> 00:40:41,080
Speaker 2: Now everybody's going to have their version of what they

881
00:40:41,120 --> 00:40:43,160
Speaker 2: want out of the Dog Control Act. So I'm also

882
00:40:43,280 --> 00:40:45,160
Speaker 2: going to pipe up and say what i want, what

883
00:40:45,200 --> 00:40:47,319
Speaker 2: i want to say, I'm not to be honest with you.

884
00:40:47,360 --> 00:40:48,680
Speaker 2: I hear all these people saying I want to see

885
00:40:48,719 --> 00:40:51,160
Speaker 2: the owners prosecute and stuff and like whatever. That doesn't

886
00:40:51,200 --> 00:40:53,040
Speaker 2: really matter to me because the owner is not the

887
00:40:53,080 --> 00:40:55,880
Speaker 2: one going around biting people. What I would like to

888
00:40:55,920 --> 00:40:58,520
Speaker 2: see is that the dogs are not given back to

889
00:40:58,560 --> 00:41:01,040
Speaker 2: the owners as quickly as we are, but that we

890
00:41:01,160 --> 00:41:02,960
Speaker 2: because the default at the moment is we give the

891
00:41:02,960 --> 00:41:04,480
Speaker 2: dogs to the owners. I don't want that. I want

892
00:41:04,480 --> 00:41:06,440
Speaker 2: the default to be that we kill the dogs. So

893
00:41:06,520 --> 00:41:09,520
Speaker 2: if the dog is roaming, kill the dog. That should

894
00:41:09,520 --> 00:41:12,280
Speaker 2: be your default. You should be you should kill the dog, unless,

895
00:41:12,320 --> 00:41:14,160
Speaker 2: of course, the owner can prove to you and give

896
00:41:14,160 --> 00:41:17,000
Speaker 2: you good reason why the dogs should be returned. If

897
00:41:17,000 --> 00:41:19,279
Speaker 2: the dog has bit in some body or another dog,

898
00:41:19,480 --> 00:41:22,160
Speaker 2: kill the dog unless there is a good reason why

899
00:41:22,200 --> 00:41:24,480
Speaker 2: we return it. It's the opposite way around at the moment,

900
00:41:24,480 --> 00:41:26,719
Speaker 2: which is why there are so many dangerous dogs just

901
00:41:26,800 --> 00:41:29,640
Speaker 2: consistently out there, because we pick them up, take them back.

902
00:41:29,760 --> 00:41:31,919
Speaker 2: Oh they're out again. Oh they're roaming again. Oh they're

903
00:41:31,960 --> 00:41:33,879
Speaker 2: roaming again. So if you get rid of the dog,

904
00:41:34,200 --> 00:41:36,640
Speaker 2: they can't roam, can they well? Bite? Quarter past?

905
00:41:38,200 --> 00:41:38,399
Speaker 7: Well?

906
00:41:38,400 --> 00:41:40,640
Speaker 2: Fuel prices are the topic at every barbecue and board

907
00:41:40,640 --> 00:41:42,600
Speaker 2: table at the moment, isn't it? And let's be honest,

908
00:41:42,719 --> 00:41:45,560
Speaker 2: that is tough for Kiwi households and for businesses. Whether

909
00:41:45,560 --> 00:41:48,000
Speaker 2: it's the school run, getting to work or running a

910
00:41:48,040 --> 00:41:50,680
Speaker 2: business that depends on fuel, every cent counts at the moment.

911
00:41:50,920 --> 00:41:53,560
Speaker 2: And that's why you're gonna like why Tomo the family

912
00:41:53,560 --> 00:41:56,080
Speaker 2: owned They're one hundred percent Kiwi and they've got eighty

913
00:41:56,160 --> 00:41:59,120
Speaker 2: years behind them, three generations on. They are still focused

914
00:41:59,120 --> 00:42:02,400
Speaker 2: on one simple idea, which is keeping fuel fairer for

915
00:42:02,480 --> 00:42:05,719
Speaker 2: kiwis why Tomo keeps things really simple, runs a very

916
00:42:05,800 --> 00:42:07,960
Speaker 2: lean model. They do everything they can to keep those

917
00:42:08,000 --> 00:42:10,319
Speaker 2: fuel prices low. And they're not just there for motorists.

918
00:42:10,600 --> 00:42:13,920
Speaker 2: They fuel thousands of Kiwi businesses too, from the trades

919
00:42:13,960 --> 00:42:16,319
Speaker 2: and the farmers to the transport operators, which help to

920
00:42:16,360 --> 00:42:19,040
Speaker 2: keep the country moving at a time where global events

921
00:42:19,040 --> 00:42:21,480
Speaker 2: are pushing fuel prices up. How good is it to

922
00:42:21,480 --> 00:42:23,800
Speaker 2: know that there's a Kiwi company working hard here to

923
00:42:23,880 --> 00:42:27,319
Speaker 2: keep competition strong and prices fairer for you. So next

924
00:42:27,320 --> 00:42:30,840
Speaker 2: time you fill up, think why Tomo, same fuel, better price,

925
00:42:31,120 --> 00:42:34,359
Speaker 2: family owned, proudly Kiwi. Visit why Tomogroup Dot co dot

926
00:42:34,360 --> 00:42:35,480
Speaker 2: in z to find.

927
00:42:35,320 --> 00:42:37,279
Speaker 1: Out more together do for sea.

928
00:42:37,320 --> 00:42:40,080
Speaker 2: Either that statement you just made about putting down dogs

929
00:42:40,080 --> 00:42:43,600
Speaker 2: makes you a monster, that you're a selfish crap cat person.

930
00:42:43,840 --> 00:42:48,400
Speaker 2: M No, just a person person. I'd prefer it if

931
00:42:48,400 --> 00:42:52,040
Speaker 2: people lived nineteen past five. Now, if you're a landlord,

932
00:42:52,280 --> 00:42:54,160
Speaker 2: there's something worth knowing. It's a bit of a gray

933
00:42:54,239 --> 00:42:56,799
Speaker 2: area how much information you are allowed to glean from

934
00:42:56,800 --> 00:43:00,200
Speaker 2: your tenants social media accounts to prove that they're eyeing

935
00:43:00,280 --> 00:43:02,080
Speaker 2: to you. Now, this is after a case where tenants

936
00:43:02,120 --> 00:43:05,279
Speaker 2: pretended they only had cats. They did actually have a dog.

937
00:43:05,320 --> 00:43:06,960
Speaker 2: It was doing a lot of damage in the house

938
00:43:07,160 --> 00:43:10,520
Speaker 2: and social media proved this. Mike Thornton is a solicitor

939
00:43:10,520 --> 00:43:13,000
Speaker 2: with the expertise in landlord and tenant law and he's

940
00:43:13,040 --> 00:43:13,279
Speaker 2: with us.

941
00:43:13,320 --> 00:43:16,480
Speaker 7: Now, Hi, Mike, hi here, how are you very well?

942
00:43:16,480 --> 00:43:19,279
Speaker 2: Thank you mate? Now, in this case they pretend they small,

943
00:43:19,320 --> 00:43:21,000
Speaker 2: black and blue, they just had cats, and in the

944
00:43:21,120 --> 00:43:23,640
Speaker 2: end it was the dog's birthday on Insta or whatever

945
00:43:23,920 --> 00:43:25,840
Speaker 2: that proved a dog was there.

946
00:43:25,440 --> 00:43:29,000
Speaker 19: Was that okay, yep, Well it was okay for the

947
00:43:29,120 --> 00:43:31,640
Speaker 19: landlord to use it once it knew about it. There

948
00:43:31,719 --> 00:43:34,480
Speaker 19: was a public statement happy one year in my Rocky,

949
00:43:34,520 --> 00:43:36,719
Speaker 19: which is a dog's name. As soon as the dog,

950
00:43:37,239 --> 00:43:39,399
Speaker 19: since the landlord had seen that, not the dog had

951
00:43:39,440 --> 00:43:41,840
Speaker 19: seen that, they were entitled to use it because it

952
00:43:41,920 --> 00:43:43,280
Speaker 19: was publicly available information.

953
00:43:43,840 --> 00:43:48,120
Speaker 2: So does it is? The difference here read the gray area,

954
00:43:48,320 --> 00:43:51,000
Speaker 2: whether this is publicly available, whether it's a lock to

955
00:43:51,080 --> 00:43:52,799
Speaker 2: counting your snooping on it.

956
00:43:53,440 --> 00:43:58,440
Speaker 19: Absolutely, there's some very clear guidelines on the Privacy Commission's

957
00:43:58,480 --> 00:44:02,280
Speaker 19: website about what a landlord canning can't collect. It can't require,

958
00:44:02,320 --> 00:44:05,920
Speaker 19: for example, social media URLs to have a look at

959
00:44:05,960 --> 00:44:08,879
Speaker 19: what the tenants are up to, and it couldn't pay

960
00:44:08,960 --> 00:44:13,319
Speaker 19: someone to get that information surreptitiously, for example. But if

961
00:44:13,320 --> 00:44:15,840
Speaker 19: there is, and it seems to be being accepted in

962
00:44:15,840 --> 00:44:19,800
Speaker 19: the Tendency Tribunnce decision that if there's publicly available information,

963
00:44:19,920 --> 00:44:21,880
Speaker 19: once the landlord knows about it, that can go to

964
00:44:21,920 --> 00:44:24,279
Speaker 19: the tenant and say, hey, I've learn this. Do you

965
00:44:24,280 --> 00:44:26,000
Speaker 19: have a dog? And that's exactly what happened.

966
00:44:26,200 --> 00:44:29,719
Speaker 2: What if Mike, you've got a mate who's friends with

967
00:44:29,760 --> 00:44:32,640
Speaker 2: the tenant, the mate screen grabs something and sends it

968
00:44:32,680 --> 00:44:35,080
Speaker 2: to you, So it's a lock to account. You haven't

969
00:44:35,120 --> 00:44:37,560
Speaker 2: gone snooping, you've been sent to this information, can you

970
00:44:37,640 --> 00:44:37,920
Speaker 2: use it?

971
00:44:38,880 --> 00:44:41,319
Speaker 19: That's the gray area. If you've got it in a

972
00:44:41,400 --> 00:44:45,359
Speaker 19: way that compromised the privacy of the tenant, you would

973
00:44:45,360 --> 00:44:47,359
Speaker 19: have to be very careful about making use of it.

974
00:44:48,600 --> 00:44:51,839
Speaker 2: So if you are the judge sitting in arbitration here,

975
00:44:51,880 --> 00:44:54,640
Speaker 2: would you what's more important the breaching of the rules

976
00:44:54,640 --> 00:44:56,960
Speaker 2: and the damage to the property or the tenants privacy?

977
00:44:58,160 --> 00:45:01,000
Speaker 19: Well, unusually in this case, it was all about the

978
00:45:01,040 --> 00:45:05,120
Speaker 19: cost of rectifying the damage by the unlawful pet and

979
00:45:05,239 --> 00:45:09,680
Speaker 19: the landlord claimed quite a substantial amount of almost twenty

980
00:45:09,680 --> 00:45:12,759
Speaker 19: two thousand dollars for repairs the landlord said had to

981
00:45:12,800 --> 00:45:15,319
Speaker 19: happen to the house. Now, only some of that was

982
00:45:15,360 --> 00:45:19,120
Speaker 19: related to replacing a carpet because of apparently it smelt

983
00:45:19,160 --> 00:45:23,359
Speaker 19: of the dog, But the tendency tribunal reduced it down

984
00:45:23,440 --> 00:45:26,160
Speaker 19: to only the amount of the bond, about three and

985
00:45:26,160 --> 00:45:29,480
Speaker 19: a half thousand. So I think the tenancy tribunal is

986
00:45:29,560 --> 00:45:33,080
Speaker 19: much more concerned about what's a fair outcome between these

987
00:45:33,120 --> 00:45:36,320
Speaker 19: parties than getting too concerned about that where the information

988
00:45:36,440 --> 00:45:41,240
Speaker 19: came from. Although it's pretty clear that the tribunal accepted

989
00:45:41,320 --> 00:45:44,160
Speaker 19: that the information was publicly available, so it didn't really

990
00:45:44,239 --> 00:45:47,239
Speaker 19: have to consider the situation where the information had been

991
00:45:47,239 --> 00:45:50,080
Speaker 19: got in some other way that might have breached privacy.

992
00:45:50,400 --> 00:45:52,400
Speaker 2: Interesting. Hey, Mike, thanks for talking U so I'd appreciate it.

993
00:45:52,400 --> 00:45:55,600
Speaker 2: As Mike Thornton solicitor. Actually, on the subject of judges,

994
00:45:55,640 --> 00:45:57,000
Speaker 2: I've got a little bit more for you that might

995
00:45:57,040 --> 00:45:59,640
Speaker 2: spin you wheels. If you're in the mood to be

996
00:45:59,680 --> 00:46:02,040
Speaker 2: a cross with a judge, I've got a reason for you.

997
00:46:02,400 --> 00:46:04,439
Speaker 2: Still with Winston Peter's next five twenty two.

998
00:46:04,920 --> 00:46:08,080
Speaker 1: The name you trusted to get the answers you need,

999
00:46:08,320 --> 00:46:12,440
Speaker 1: it's Heather Duplicy Ellen drive with one New Zealand coverage

1000
00:46:12,520 --> 00:46:14,880
Speaker 1: like no one else used talk they'd.

1001
00:46:14,719 --> 00:46:17,680
Speaker 2: Be We're going to speak to the Fitch analyst who

1002
00:46:17,800 --> 00:46:20,839
Speaker 2: has downgraded our outlook for our credit rating, straight after

1003
00:46:20,880 --> 00:46:22,320
Speaker 2: the news, which is coming up shortly. It's five to

1004
00:46:22,360 --> 00:46:24,919
Speaker 2: twenty five. Now we've got to talk about Winston. If

1005
00:46:24,920 --> 00:46:27,080
Speaker 2: you hadn't yet noticed, or maybe you didn't believe it,

1006
00:46:27,160 --> 00:46:28,840
Speaker 2: just have a look at Winston Peters State of the

1007
00:46:28,920 --> 00:46:31,560
Speaker 2: Nation's speech yesterday and see the proof that this election

1008
00:46:31,680 --> 00:46:33,720
Speaker 2: looks like it's going to be New Zealand first selection.

1009
00:46:34,200 --> 00:46:36,160
Speaker 2: More than a thousand people turned up and tod on

1010
00:46:36,239 --> 00:46:37,759
Speaker 2: it to hear him speak, they had to use two

1011
00:46:37,880 --> 00:46:41,720
Speaker 2: overflow rooms. Compare that to the same speech last election.

1012
00:46:42,080 --> 00:46:44,640
Speaker 2: It was in a church with a capacity of one hundred.

1013
00:46:45,160 --> 00:46:47,520
Speaker 2: More importantly, though, New Zealand first used the event to

1014
00:46:47,560 --> 00:46:50,160
Speaker 2: announce that they had recruited Alfred Nadel, who used to

1015
00:46:50,160 --> 00:46:52,000
Speaker 2: be a National Party MP. Now it was a bit

1016
00:46:52,000 --> 00:46:53,360
Speaker 2: of a joke in the crowd that they didn't know

1017
00:46:53,400 --> 00:46:56,799
Speaker 2: who Alfred was, but commentators do, and I'd say most

1018
00:46:56,800 --> 00:46:58,399
Speaker 2: of us can see this for what it is, which

1019
00:46:58,440 --> 00:47:01,480
Speaker 2: is the recruitment of an incredible, well liked National MP

1020
00:47:01,960 --> 00:47:04,400
Speaker 2: who has a strong Christian faith, which will if not

1021
00:47:05,600 --> 00:47:09,040
Speaker 2: if not not offend, it will actually appeal to a

1022
00:47:09,040 --> 00:47:11,680
Speaker 2: lot of Winston's older voters and which I think more

1023
00:47:11,719 --> 00:47:14,040
Speaker 2: importantly is a signal of what is happening and might

1024
00:47:14,080 --> 00:47:16,440
Speaker 2: even speed up closer to the election, which is New

1025
00:47:16,520 --> 00:47:20,919
Speaker 2: Zealand First stealing National stuff. In this case it's MP

1026
00:47:21,239 --> 00:47:23,440
Speaker 2: and as we get closer to the election, it's votes.

1027
00:47:23,680 --> 00:47:25,800
Speaker 2: I count among my friends to people who used to

1028
00:47:25,800 --> 00:47:28,880
Speaker 2: be part of National's parliamentary team. Both are now probably

1029
00:47:28,960 --> 00:47:31,560
Speaker 2: voting for New Zealand First this election because the Conservatives

1030
00:47:31,800 --> 00:47:34,000
Speaker 2: and Winston is making New Zealand first, the home of

1031
00:47:34,040 --> 00:47:37,239
Speaker 2: the Conservatives. This cost a living crisis, which is now

1032
00:47:37,280 --> 00:47:39,680
Speaker 2: a crisis, a fuel crisis as well, is going to

1033
00:47:39,680 --> 00:47:41,920
Speaker 2: play into his hands. He's going to go hard on

1034
00:47:41,960 --> 00:47:44,640
Speaker 2: smashing the power companies to bring down prices, which National

1035
00:47:44,680 --> 00:47:46,719
Speaker 2: has failed to do. He's going to argue for New

1036
00:47:46,800 --> 00:47:50,680
Speaker 2: Zealand owning state assets, which will appeal more than now,

1037
00:47:50,760 --> 00:47:52,839
Speaker 2: more than ever, which you just have to think about

1038
00:47:52,880 --> 00:47:55,839
Speaker 2: the Marsden Point oil refinery to get my point. He's

1039
00:47:55,880 --> 00:47:57,880
Speaker 2: going to choose mining over the climate. That's going to

1040
00:47:57,880 --> 00:48:00,920
Speaker 2: appeal to the working class voter. Is everything is lining

1041
00:48:01,000 --> 00:48:03,600
Speaker 2: up for him to be able to really lift his vote.

1042
00:48:03,600 --> 00:48:06,360
Speaker 2: So watch just polling. He's sitting on over ten percent

1043
00:48:06,400 --> 00:48:08,279
Speaker 2: now if things track the way they look, that like

1044
00:48:08,280 --> 00:48:10,319
Speaker 2: they're going to track with the fuel crisis squeezing this

1045
00:48:10,400 --> 00:48:12,920
Speaker 2: economy and Chris Luxon unable to fire the National Party

1046
00:48:13,000 --> 00:48:15,920
Speaker 2: up ten percent now, I Reckon might become fifteen percent

1047
00:48:15,960 --> 00:48:19,120
Speaker 2: closer to the election. Hever do per c Allen hither

1048
00:48:19,239 --> 00:48:21,359
Speaker 2: I have a friend who worked for the SPCA. He said.

1049
00:48:21,400 --> 00:48:24,839
Speaker 2: The people they deal with have a thing that they do,

1050
00:48:24,920 --> 00:48:27,520
Speaker 2: which is if they don't care if the dog is impounded,

1051
00:48:27,560 --> 00:48:29,239
Speaker 2: they just go and get another It's all about the

1052
00:48:29,239 --> 00:48:32,560
Speaker 2: image because that's a reference to gang. You know, the gang.

1053
00:48:32,640 --> 00:48:34,360
Speaker 2: The heart outs the people and the gangs who have

1054
00:48:34,400 --> 00:48:36,880
Speaker 2: to have a grumpy dog next to them, and if

1055
00:48:36,920 --> 00:48:38,160
Speaker 2: they get rid of that dog, then they just get

1056
00:48:38,160 --> 00:48:40,200
Speaker 2: another one. Hither, the problem with your approach to the

1057
00:48:40,200 --> 00:48:41,880
Speaker 2: dogs is the owners will have a new dog the

1058
00:48:41,920 --> 00:48:44,480
Speaker 2: following week, which is a fair point. So I suppose

1059
00:48:44,520 --> 00:48:46,840
Speaker 2: you have to put some restrictions on the owners in

1060
00:48:46,880 --> 00:48:49,880
Speaker 2: some way, which kind of undermines my argument about me

1061
00:48:49,920 --> 00:48:54,520
Speaker 2: not caring about the owners. It's a no from Dion Nash.

1062
00:48:54,719 --> 00:48:57,240
Speaker 2: This is ree Dion's resignation from the New Zealand Cricket

1063
00:48:57,239 --> 00:49:01,040
Speaker 2: Board after the Cricket Board approve to the NZ at twenty.

1064
00:49:01,120 --> 00:49:04,920
Speaker 2: As I said earlier, Dion's long long be known to

1065
00:49:04,960 --> 00:49:08,520
Speaker 2: be an opponent. He says his statement speaks for hisself.

1066
00:49:08,960 --> 00:49:11,640
Speaker 2: For itself, I think this probably goes some way to

1067
00:49:11,719 --> 00:49:14,040
Speaker 2: explaining why New Zealand Cricket is not talking. This is

1068
00:49:14,080 --> 00:49:15,560
Speaker 2: just me having a punt, but I think this is

1069
00:49:15,560 --> 00:49:18,560
Speaker 2: why they're not talking today because there is significant division

1070
00:49:18,560 --> 00:49:20,719
Speaker 2: around the board table and I wouldn't be surprised if

1071
00:49:20,760 --> 00:49:24,160
Speaker 2: there are others who are as opposed. Maybe not resignation level,

1072
00:49:24,520 --> 00:49:27,920
Speaker 2: but pretty cross about it. News is next Clene.

1073
00:49:30,360 --> 00:49:32,880
Speaker 1: On your smart speaker, on the iHeart app, and in

1074
00:49:32,920 --> 00:49:35,880
Speaker 1: your car on your drive home, it's Heather Duplicy Ellen

1075
00:49:36,000 --> 00:49:39,440
Speaker 1: drive with one New Zealand hand of power of satellite

1076
00:49:39,440 --> 00:49:48,920
Speaker 1: mobile news Talk za'd be.

1077
00:49:51,840 --> 00:49:54,320
Speaker 2: We have got the huddle standing by. It's Tris Searson

1078
00:49:54,400 --> 00:49:56,719
Speaker 2: and Joseph Guaney with us this evening as always on

1079
00:49:56,760 --> 00:49:59,160
Speaker 2: a Monday, and then after six o'clock the Finance Minister

1080
00:49:59,239 --> 00:50:01,600
Speaker 2: as always on Monday twenty four away from six.

1081
00:50:01,680 --> 00:50:01,839
Speaker 8: Now.

1082
00:50:01,880 --> 00:50:03,960
Speaker 2: New Zealand's credit rating out look took a hit over

1083
00:50:04,000 --> 00:50:07,400
Speaker 2: the weekend. Fitch revised our long term outlook from stable

1084
00:50:07,520 --> 00:50:09,719
Speaker 2: to negative. We get to keep the double A plus

1085
00:50:09,840 --> 00:50:12,040
Speaker 2: rating for now. The problem, though, is our national debt

1086
00:50:12,200 --> 00:50:15,120
Speaker 2: is high and it's not coming down. Sagaurika Chandra is

1087
00:50:15,160 --> 00:50:18,880
Speaker 2: Fitch's primary rating our analyst and with us now, Hi, Sagarika.

1088
00:50:20,680 --> 00:50:23,240
Speaker 16: Hi, what with having initial Yeah, look.

1089
00:50:23,080 --> 00:50:24,600
Speaker 2: Thank you for joining us. What would you like to

1090
00:50:24,640 --> 00:50:27,400
Speaker 2: see for us to avoid what comes next, which is

1091
00:50:27,440 --> 00:50:30,480
Speaker 2: a rating downgrade?

1092
00:50:31,239 --> 00:50:31,439
Speaker 13: Yes?

1093
00:50:31,560 --> 00:50:36,560
Speaker 16: So the outlook provision has been primarily been based on

1094
00:50:36,880 --> 00:50:45,160
Speaker 16: a somewhat steady delay in the fiscal consolidation part of

1095
00:50:45,160 --> 00:50:49,719
Speaker 16: the government. So now we're seeing that in our baseline

1096
00:50:49,760 --> 00:50:55,040
Speaker 16: a substantial debt reduction is becoming harder to envest out

1097
00:50:54,600 --> 00:50:59,279
Speaker 16: over our forecast period, and that is that is being

1098
00:50:59,360 --> 00:51:03,560
Speaker 16: backed by what we are seeing as a somewhat delayed

1099
00:51:03,640 --> 00:51:10,160
Speaker 16: economic recovery, and some of the expenditure commitments of the

1100
00:51:10,200 --> 00:51:14,680
Speaker 16: government are being are harder to to roll back and

1101
00:51:14,800 --> 00:51:19,880
Speaker 16: the spending is more persistent. So for us too to

1102
00:51:20,080 --> 00:51:23,960
Speaker 16: revise the outlook back two stables, I think what we

1103
00:51:24,040 --> 00:51:28,960
Speaker 16: would be looking for is a greater confidence in in

1104
00:51:29,120 --> 00:51:33,600
Speaker 16: our own assessment of the authorities ability to to consolidate

1105
00:51:33,680 --> 00:51:37,560
Speaker 16: and stay on that path. So there has been a

1106
00:51:37,600 --> 00:51:42,880
Speaker 16: delay in the return to two surplus UH persistently that

1107
00:51:42,960 --> 00:51:46,440
Speaker 16: we have been seeing in in successive budgets. And even

1108
00:51:46,480 --> 00:51:49,399
Speaker 16: though some of the fiscal outlook out turns have been

1109
00:51:49,520 --> 00:51:55,360
Speaker 16: somewhat better than what authorities were projecting, the return to

1110
00:51:55,400 --> 00:52:01,399
Speaker 16: to surplus has been extended by say one year every

1111
00:52:01,480 --> 00:52:04,720
Speaker 16: year by a year. So I think what we would

1112
00:52:04,719 --> 00:52:10,360
Speaker 16: be we would be looking for is just increase confidence

1113
00:52:10,440 --> 00:52:17,560
Speaker 16: that they will be able to reduce their debt numbers

1114
00:52:17,560 --> 00:52:22,839
Speaker 16: substantially and stay committed on the path of fiscal consolidation,

1115
00:52:22,960 --> 00:52:27,680
Speaker 16: so a somewhat increasing track record of fiscal discipline and

1116
00:52:28,960 --> 00:52:32,960
Speaker 16: sticking to the targets that have been outlined in their budgets.

1117
00:52:33,040 --> 00:52:36,359
Speaker 2: Okay, so how long do you leave it before you know?

1118
00:52:36,440 --> 00:52:38,319
Speaker 2: In order for this is a warning shot?

1119
00:52:38,400 --> 00:52:38,520
Speaker 20: Right?

1120
00:52:38,520 --> 00:52:40,120
Speaker 2: So how long do you leave it after the warning

1121
00:52:40,120 --> 00:52:42,919
Speaker 2: shot before you actually downgrade the rating if you don't

1122
00:52:42,920 --> 00:52:44,040
Speaker 2: see things turn around?

1123
00:52:46,520 --> 00:52:50,040
Speaker 16: Yeah, So our ratings and outlook, the assignment of the

1124
00:52:50,120 --> 00:52:53,280
Speaker 16: rating and the outlook is is typically for a period

1125
00:52:53,320 --> 00:52:57,880
Speaker 16: of eighteen to twenty four months. However, we do continue

1126
00:52:57,880 --> 00:52:58,960
Speaker 16: to monitor development.

1127
00:53:04,160 --> 00:53:06,799
Speaker 2: Oh, I think I think the Chinese spies have cut

1128
00:53:06,840 --> 00:53:08,799
Speaker 2: us off. That is the end of that phone called

1129
00:53:08,800 --> 00:53:11,160
Speaker 2: to Hong Kong. Sugareka, thank you very much, Sugurka Chundra,

1130
00:53:11,480 --> 00:53:14,640
Speaker 2: who is Fitch's primary rating analyst. Twenty one away from six.

1131
00:53:15,160 --> 00:53:18,520
Speaker 1: The huddle with New Zealand Southeby's International Realty. A name

1132
00:53:18,560 --> 00:53:20,720
Speaker 1: you can trust locally and globally.

1133
00:53:20,800 --> 00:53:23,319
Speaker 2: Either I'm thrilled with Al Fregnard or joining New Zealand first.

1134
00:53:23,360 --> 00:53:26,000
Speaker 2: Have gotten to know him on Monday night shows with

1135
00:53:26,080 --> 00:53:28,120
Speaker 2: Family First. I'm in my early thirties. You will come

1136
00:53:28,160 --> 00:53:29,719
Speaker 2: back to that New Zealand first stuff and just to

1137
00:53:29,760 --> 00:53:31,359
Speaker 2: tick with us right now in the huddle though. Tris

1138
00:53:31,400 --> 00:53:34,720
Speaker 2: sheherson of Sherson Willis pr and Josephcganni, the chief executive

1139
00:53:34,719 --> 00:53:38,000
Speaker 2: of Child Fund High Ladies. Hi, right, Josie, you worried

1140
00:53:38,000 --> 00:53:40,280
Speaker 2: about the Fitch rating downgrade for the outlook.

1141
00:53:40,880 --> 00:53:43,839
Speaker 22: I just think it buys into that whole narrative we've

1142
00:53:43,880 --> 00:53:46,239
Speaker 22: got at the moment of right track, round track. The

1143
00:53:46,280 --> 00:53:50,520
Speaker 22: country's headed in the wrong direction, and you're right, business confidence,

1144
00:53:51,120 --> 00:53:54,160
Speaker 22: voter's confidence. It's all to do with perception, isn't it.

1145
00:53:54,200 --> 00:53:57,479
Speaker 22: And it's just this feeling now that we've been given

1146
00:53:57,520 --> 00:54:00,840
Speaker 22: a warning and you know it could be a downgrade.

1147
00:54:00,880 --> 00:54:02,359
Speaker 22: And I think that's where I mean, I know we're

1148
00:54:02,400 --> 00:54:03,719
Speaker 22: going to talk about it, but I think that's the

1149
00:54:03,760 --> 00:54:08,280
Speaker 22: problem with the government, that they haven't managed the difficult stuff,

1150
00:54:08,320 --> 00:54:12,640
Speaker 22: the trade offs, the difficult storyline that things are hard,

1151
00:54:12,800 --> 00:54:16,560
Speaker 22: times are tough, even before you know Trump's epic face

1152
00:54:16,600 --> 00:54:21,520
Speaker 22: plant excursion into a run, haven't managed the sense that

1153
00:54:21,560 --> 00:54:24,880
Speaker 22: these are tough times. Growth is going to happen, you know, slowly,

1154
00:54:24,920 --> 00:54:26,840
Speaker 22: it's not going to happen straight away. So as a result,

1155
00:54:27,360 --> 00:54:30,120
Speaker 22: things like This just just feed into that feeling we've

1156
00:54:30,160 --> 00:54:33,840
Speaker 22: got that you've over promised and you're under.

1157
00:54:33,600 --> 00:54:36,040
Speaker 2: Delivered, or we'll just say it, Josie, and you're actually

1158
00:54:36,040 --> 00:54:38,000
Speaker 2: not that good at running the finances of the country

1159
00:54:38,040 --> 00:54:38,799
Speaker 2: like you say you are.

1160
00:54:39,000 --> 00:54:43,319
Speaker 23: Yes, exactly, yes, I mean I think it sort of

1161
00:54:43,800 --> 00:54:47,480
Speaker 23: came also in line with the piece I saw from

1162
00:54:47,560 --> 00:54:50,600
Speaker 23: Luke Malpass over the weekend, actually digging under the hood

1163
00:54:50,800 --> 00:54:55,200
Speaker 23: of have we actually reduced debt like we've said we have,

1164
00:54:55,200 --> 00:54:58,880
Speaker 23: have we reduced spending and the numbers don't match up

1165
00:54:58,920 --> 00:55:01,919
Speaker 23: with the spin that's been going on. And I think

1166
00:55:01,960 --> 00:55:06,120
Speaker 23: what's happening here is that you can't bullshit the ratings agencies, right,

1167
00:55:06,480 --> 00:55:09,560
Speaker 23: they look at the numbers. And I think, in fact

1168
00:55:09,640 --> 00:55:12,760
Speaker 23: this is a good thing because it's putting the government

1169
00:55:12,840 --> 00:55:15,719
Speaker 23: on notice you have to be getting on top of

1170
00:55:15,800 --> 00:55:19,239
Speaker 23: debt and that's not what's happening. And it's also a

1171
00:55:19,280 --> 00:55:22,120
Speaker 23: message even though we are in a crisis, there is

1172
00:55:22,239 --> 00:55:24,799
Speaker 23: always a crisis when you're in the government, and it

1173
00:55:24,840 --> 00:55:27,040
Speaker 23: doesn't mean you can take your foot off the break

1174
00:55:27,080 --> 00:55:30,720
Speaker 23: of the longer term stuff. And goodness knows, Ian Rennie,

1175
00:55:30,800 --> 00:55:33,040
Speaker 23: the head of the Treasury, I think has been doing

1176
00:55:33,080 --> 00:55:36,799
Speaker 23: a fantastic job going around and being the adult in

1177
00:55:36,840 --> 00:55:39,640
Speaker 23: the room, and he is really calling out this big stuff.

1178
00:55:39,680 --> 00:55:43,000
Speaker 23: He's talking about where we headed in twenty thirty, if

1179
00:55:43,000 --> 00:55:45,080
Speaker 23: we don't get on top of our debt, if we

1180
00:55:45,160 --> 00:55:48,560
Speaker 23: don't tackle the big elephants in the room, like how

1181
00:55:48,600 --> 00:55:49,880
Speaker 23: we're going to manage super.

1182
00:55:50,239 --> 00:55:52,480
Speaker 22: And the interesting thing about Ian Rennie is that he's

1183
00:55:52,520 --> 00:55:55,040
Speaker 22: actually been pretty politically agnostic.

1184
00:55:55,120 --> 00:55:55,279
Speaker 19: Right.

1185
00:55:55,320 --> 00:55:57,480
Speaker 22: He's saying, there's two things you can do. Either you

1186
00:55:57,520 --> 00:56:01,640
Speaker 22: cut more spending or you tax more. Those are political decisions, right,

1187
00:56:01,680 --> 00:56:03,560
Speaker 22: and so he's not saying do one or the other,

1188
00:56:03,719 --> 00:56:06,880
Speaker 22: but he is saying, for example, you look back on

1189
00:56:06,880 --> 00:56:09,320
Speaker 22: on the you know, the first year of this government,

1190
00:56:09,400 --> 00:56:11,200
Speaker 22: and the first thing I did was a tax cut. Now,

1191
00:56:11,560 --> 00:56:13,439
Speaker 22: you know, you guys might go, great, a tax cut,

1192
00:56:13,480 --> 00:56:15,920
Speaker 22: that's fantastic, we'd all like that, but when it's paid

1193
00:56:15,920 --> 00:56:18,240
Speaker 22: for out of debt, all it's doing is increasing.

1194
00:56:20,160 --> 00:56:22,200
Speaker 2: It was okay at the time because we actually thought

1195
00:56:22,200 --> 00:56:24,080
Speaker 2: they were going to follow through with their spending cut

1196
00:56:24,160 --> 00:56:25,840
Speaker 2: stuff as well, and then they didn't.

1197
00:56:25,960 --> 00:56:28,560
Speaker 22: But also they suggested a whole lot of spending cuts

1198
00:56:28,560 --> 00:56:31,360
Speaker 22: around the public sector. But what they didn't do was

1199
00:56:31,400 --> 00:56:33,719
Speaker 22: look at why the public sector. It's well, I mean,

1200
00:56:34,120 --> 00:56:36,239
Speaker 22: you're right. I mean maybe it wasn't enough, but it wasn't.

1201
00:56:36,280 --> 00:56:38,640
Speaker 22: The point is they didn't do that thinking about why

1202
00:56:38,719 --> 00:56:41,120
Speaker 22: is the public sector not delivering what we need it to.

1203
00:56:41,239 --> 00:56:44,080
Speaker 22: It's not just that it's got too many stuff, it's

1204
00:56:44,080 --> 00:56:47,080
Speaker 22: actually that it's got a culture of risk averse, you know,

1205
00:56:47,160 --> 00:56:50,200
Speaker 22: not taking, not actually innovating.

1206
00:56:49,760 --> 00:56:51,200
Speaker 2: Not need protest if ideas.

1207
00:56:51,239 --> 00:56:53,080
Speaker 22: So you need proper reform. It's not just about cutting

1208
00:56:53,080 --> 00:56:54,720
Speaker 22: spending and then you maybe have more growth.

1209
00:56:54,840 --> 00:56:58,799
Speaker 23: Yeah, and let's be clear, the really frightening stuff is

1210
00:56:58,880 --> 00:57:01,759
Speaker 23: the fact that we are now reliant on that because

1211
00:57:01,800 --> 00:57:06,200
Speaker 23: we're borrowing so much every day, we are actually reliant

1212
00:57:06,280 --> 00:57:10,600
Speaker 23: on the world to be funding us. So that that means,

1213
00:57:10,680 --> 00:57:13,760
Speaker 23: you know, again, when we when we get tough stuff happening,

1214
00:57:14,400 --> 00:57:16,160
Speaker 23: it makes it even harder for us.

1215
00:57:16,560 --> 00:57:19,400
Speaker 2: How do you feel, because Trisha, I'm quite cross about

1216
00:57:19,800 --> 00:57:24,440
Speaker 2: lending to a profitable business like Meridian millions and millions

1217
00:57:24,480 --> 00:57:27,800
Speaker 2: and millions of dollars to build ev charges that they

1218
00:57:27,840 --> 00:57:29,880
Speaker 2: don't want to fund themselves. We're giving them free money.

1219
00:57:29,920 --> 00:57:31,640
Speaker 2: It's not free money. We're paying for it because we

1220
00:57:31,720 --> 00:57:33,680
Speaker 2: have to pay the interest on this. This I think

1221
00:57:33,760 --> 00:57:35,720
Speaker 2: is part of the problem. Is this corporate welfare at

1222
00:57:35,760 --> 00:57:38,960
Speaker 2: a time when we're borrowing. I would agree with that.

1223
00:57:39,080 --> 00:57:41,960
Speaker 23: I saw that announcement today and again I thought this,

1224
00:57:42,920 --> 00:57:45,680
Speaker 23: if you know, don't forget this government came in and

1225
00:57:45,720 --> 00:57:48,280
Speaker 23: whether you're into it or not, but they wound back

1226
00:57:48,440 --> 00:57:50,920
Speaker 23: all of the progress around EV's right. So they got

1227
00:57:51,040 --> 00:57:53,640
Speaker 23: rid of the EV discount, which sent a signal to

1228
00:57:53,680 --> 00:57:55,600
Speaker 23: the market at that set and they and they took

1229
00:57:55,640 --> 00:57:58,040
Speaker 23: the tax off the off the yats, so sent a

1230
00:57:58,040 --> 00:58:00,600
Speaker 23: signal to the market to say, hey, ev a out,

1231
00:58:01,160 --> 00:58:03,800
Speaker 23: get back into petrol and diesel, which people have done.

1232
00:58:03,840 --> 00:58:06,800
Speaker 23: You only need to look at the sales numbers then

1233
00:58:06,880 --> 00:58:10,160
Speaker 23: to come in now and say hey we've got fIF

1234
00:58:10,320 --> 00:58:13,720
Speaker 23: was it fifty million to fund EV charges up and

1235
00:58:13,760 --> 00:58:17,280
Speaker 23: down the country. That is not a crisis intervention. That

1236
00:58:17,440 --> 00:58:20,400
Speaker 23: is something that you do. Again, this is building critical

1237
00:58:20,400 --> 00:58:23,960
Speaker 23: infrastructure for New Zealand. It's a long term investment. You

1238
00:58:24,000 --> 00:58:27,200
Speaker 23: don't suddenly pop up in a crisis. And none of today.

1239
00:58:27,360 --> 00:58:30,240
Speaker 23: There is nothing in today's announcement that is going to

1240
00:58:30,320 --> 00:58:34,120
Speaker 23: help the supermarket worker or the factory worker who can't

1241
00:58:34,120 --> 00:58:35,080
Speaker 23: afford people today.

1242
00:58:35,480 --> 00:58:37,600
Speaker 2: Management, but I want you your take on it. Joseph.

1243
00:58:37,640 --> 00:58:39,000
Speaker 2: But we'll just get it after the break. I hang

1244
00:58:39,040 --> 00:58:39,320
Speaker 2: on a take.

1245
00:58:39,360 --> 00:58:46,920
Speaker 1: It's quarter two the Huddle with New Zealand Southeby's International Realty,

1246
00:58:47,240 --> 00:58:48,919
Speaker 1: the only truly global brand.

1247
00:58:49,040 --> 00:58:51,439
Speaker 2: Right, you're back with the Huddle, altricious and Joseph Agan. Hey, Josie,

1248
00:58:51,440 --> 00:58:52,000
Speaker 2: what do you say?

1249
00:58:52,280 --> 00:58:55,280
Speaker 22: Oh, I want to start a campaign no rationing and

1250
00:58:55,360 --> 00:58:57,360
Speaker 22: no bloody EV subsidies.

1251
00:58:57,560 --> 00:58:58,800
Speaker 2: Stop it. We've had it.

1252
00:58:58,800 --> 00:59:01,320
Speaker 22: We've had enough of that doing. Government's phoned and they

1253
00:59:01,360 --> 00:59:03,680
Speaker 22: want their EV subsidies back, but stop doing.

1254
00:59:03,720 --> 00:59:05,480
Speaker 2: Three of us here at the table, and none of

1255
00:59:05,560 --> 00:59:07,880
Speaker 2: us love this announcement today. Who does it appeal to?

1256
00:59:08,080 --> 00:59:09,680
Speaker 22: So I think, and I think this is something we're

1257
00:59:09,680 --> 00:59:11,240
Speaker 22: just talking about in the break, and you said it, Trish.

1258
00:59:11,360 --> 00:59:13,880
Speaker 22: I think that this is the problem the government's got.

1259
00:59:13,920 --> 00:59:17,960
Speaker 22: It's kind of and I'm quoting you, untethered by ideology,

1260
00:59:18,040 --> 00:59:20,600
Speaker 22: you know. And so they're pivoting just in the way

1261
00:59:20,600 --> 00:59:23,120
Speaker 22: that the Labor government did so one thing, barking at

1262
00:59:23,120 --> 00:59:25,920
Speaker 22: every car. I don't know what they but this.

1263
00:59:26,000 --> 00:59:27,520
Speaker 2: Is like this was like something that was on the

1264
00:59:27,560 --> 00:59:30,360
Speaker 2: bonfire of ideas that's come back, isn't it? Like they

1265
00:59:30,680 --> 00:59:31,840
Speaker 2: ditched and then brought it back.

1266
00:59:31,960 --> 00:59:34,280
Speaker 22: That's exactly right. So they're going from one thing they think, oh,

1267
00:59:34,280 --> 00:59:37,640
Speaker 22: this will be popular EV's and look, you know, farbea

1268
00:59:37,720 --> 00:59:39,160
Speaker 22: I'm meant to be the lefty on this side, but

1269
00:59:39,160 --> 00:59:41,800
Speaker 22: I'm saying it's not not left wing to say, let

1270
00:59:41,800 --> 00:59:44,200
Speaker 22: the market decide off. EV's are going to be popular.

1271
00:59:44,280 --> 00:59:47,320
Speaker 22: And if then you need charging stations, let Meridium pay.

1272
00:59:47,680 --> 00:59:50,360
Speaker 22: Let the private sector pay. Unless if you're going to

1273
00:59:50,440 --> 00:59:53,360
Speaker 22: give Tesla drivers a subsidy, then they can give way

1274
00:59:53,400 --> 00:59:55,800
Speaker 22: to me at every blooming intersection in New Zealand. If

1275
00:59:55,800 --> 00:59:58,040
Speaker 22: they're going to get yet another subsidy.

1276
00:59:57,640 --> 00:59:59,800
Speaker 2: Fair enough, they have to go last on everything. Okay,

1277
00:59:59,800 --> 01:00:02,560
Speaker 2: this brings us the entrish to New Zealand First. If

1278
01:00:02,680 --> 01:00:04,960
Speaker 2: National's problem is that it doesn't know what it stands

1279
01:00:04,960 --> 01:00:08,120
Speaker 2: for anymore, and it's going flip flopping all over the show,

1280
01:00:08,160 --> 01:00:11,720
Speaker 2: including the roads of national significance potentially today, flip flopping

1281
01:00:11,720 --> 01:00:14,720
Speaker 2: all over. Here comes New Zealand First to cut its

1282
01:00:14,720 --> 01:00:17,120
Speaker 2: conservative lunch right. This is why New Zealand First is

1283
01:00:17,160 --> 01:00:18,280
Speaker 2: going to do well.

1284
01:00:18,440 --> 01:00:18,600
Speaker 16: Well.

1285
01:00:18,680 --> 01:00:22,880
Speaker 23: Let's remember, in thirty years of MMP elections, which the

1286
01:00:22,920 --> 01:00:27,520
Speaker 23: anniversary is this is this election, we have never seen

1287
01:00:27,840 --> 01:00:32,120
Speaker 23: a minor party in a coalition agreement whose vote is

1288
01:00:32,200 --> 01:00:33,400
Speaker 23: increasing at.

1289
01:00:33,280 --> 01:00:35,280
Speaker 2: This time of an election cycle.

1290
01:00:35,400 --> 01:00:39,080
Speaker 23: So New Zealand First traditionally it has been a huge

1291
01:00:39,160 --> 01:00:43,000
Speaker 23: dragon its popularity whenever it's gone into government. I think

1292
01:00:43,040 --> 01:00:46,680
Speaker 23: the difference this time round is that, as we've said,

1293
01:00:46,920 --> 01:00:51,640
Speaker 23: National in trying to appeal to everybody and be the

1294
01:00:51,760 --> 01:00:56,880
Speaker 23: quote party of the consumer, they have lost their call vote.

1295
01:00:57,520 --> 01:01:01,800
Speaker 23: You know, business particularly they don't know what to trust

1296
01:01:02,120 --> 01:01:06,160
Speaker 23: in National because they are ideologically sort of untethered to

1297
01:01:06,240 --> 01:01:09,960
Speaker 23: what you would traditionally expect from National. They are not

1298
01:01:10,160 --> 01:01:12,800
Speaker 23: winning other votes. They've got a big problem with the

1299
01:01:12,840 --> 01:01:17,520
Speaker 23: woman's vote. We know Thatal New Zealand First is making

1300
01:01:17,520 --> 01:01:22,480
Speaker 23: strides because they they unlike Labor National, they are actually

1301
01:01:22,560 --> 01:01:25,880
Speaker 23: connecting with voters. If you watched that speech yesterday, and

1302
01:01:25,920 --> 01:01:27,760
Speaker 23: I did in an hour and a half in I

1303
01:01:27,840 --> 01:01:29,920
Speaker 23: have to admit I fell asleep, but it was only

1304
01:01:29,920 --> 01:01:32,920
Speaker 23: because it was ten thirty at night. But I have

1305
01:01:33,040 --> 01:01:35,080
Speaker 23: been to the State of the Nation speech this year.

1306
01:01:35,120 --> 01:01:37,320
Speaker 23: I was in the room for Luxeen and for Hipkins

1307
01:01:37,520 --> 01:01:40,800
Speaker 23: and you could have heard a pin drop yesterday. The

1308
01:01:40,840 --> 01:01:44,120
Speaker 23: difference with Winston he didn't have an AUTOQ. He was

1309
01:01:44,200 --> 01:01:47,960
Speaker 23: talking directly to his audience old school off notes. He

1310
01:01:48,120 --> 01:01:51,479
Speaker 23: built in, you know, jokes that no one else would

1311
01:01:51,480 --> 01:01:53,800
Speaker 23: get away with. But one of the bangers that just

1312
01:01:53,840 --> 01:01:56,600
Speaker 23: made me laugh. He said, you know, the union people

1313
01:01:56,680 --> 01:01:58,480
Speaker 23: these days have never done a hard day's work in

1314
01:01:58,520 --> 01:02:00,920
Speaker 23: their life. And in fact, they would think Manual Label

1315
01:02:01,080 --> 01:02:05,600
Speaker 23: was a Mexican president. And how long as has it

1316
01:02:05,680 --> 01:02:08,120
Speaker 23: been since you heard the crowd at a political meeting

1317
01:02:08,280 --> 01:02:10,040
Speaker 23: constantly saying here, here.

1318
01:02:10,440 --> 01:02:12,400
Speaker 22: And you know, and he was.

1319
01:02:12,520 --> 01:02:16,240
Speaker 23: He had that crowd absolutely alive. So they have got

1320
01:02:16,280 --> 01:02:18,880
Speaker 23: the kind of connection that labor and national can only

1321
01:02:19,240 --> 01:02:22,960
Speaker 23: dream about. Whether or not you agree with what's Winston saying,

1322
01:02:23,120 --> 01:02:26,760
Speaker 23: he is saying stuff that people can actually connect with.

1323
01:02:26,960 --> 01:02:30,560
Speaker 23: He's not mincing, it's not weser words. He's not, you know,

1324
01:02:31,040 --> 01:02:35,000
Speaker 23: giving off these sort of terrible, stale key messages. So

1325
01:02:35,160 --> 01:02:37,600
Speaker 23: it is no wonder they are on an absolute tear.

1326
01:02:37,840 --> 01:02:39,880
Speaker 22: I think that's what it is. If you think why

1327
01:02:39,920 --> 01:02:43,400
Speaker 22: Trump was so successful when he won the election that

1328
01:02:43,960 --> 01:02:46,760
Speaker 22: you know, everyone said, my god, he doesn't make any sense.

1329
01:02:46,760 --> 01:02:50,880
Speaker 22: He's weaving, he's sort of swaying to YMCA and so on.

1330
01:02:51,000 --> 01:02:54,840
Speaker 22: What Winston does is he just he doesn't talk. I mean,

1331
01:02:54,840 --> 01:02:57,680
Speaker 22: he's the most establishment politician in Parliament doesn't talk like

1332
01:02:57,720 --> 01:03:01,480
Speaker 22: an establishment politician. So he tells Joe like that, and

1333
01:03:02,040 --> 01:03:04,720
Speaker 22: I also think he's going. He's they've found.

1334
01:03:04,400 --> 01:03:05,480
Speaker 2: A really good niche.

1335
01:03:05,520 --> 01:03:08,920
Speaker 22: It's not just that they're sweeping up some national refugees,

1336
01:03:09,240 --> 01:03:13,080
Speaker 22: they're also sweeping up some labor disenfranchised.

1337
01:03:12,240 --> 01:03:14,240
Speaker 2: Voters too who are going.

1338
01:03:14,000 --> 01:03:19,840
Speaker 22: And also Pacific Islanders right conservative, religious Christian, socially con

1339
01:03:20,240 --> 01:03:22,720
Speaker 22: I think socially conservative is what we're talking about here,

1340
01:03:22,840 --> 01:03:25,680
Speaker 22: right because what New Zealand first, and I would say

1341
01:03:25,680 --> 01:03:27,919
Speaker 22: this is Shane as much as Winston. What they've done

1342
01:03:28,200 --> 01:03:33,400
Speaker 22: is they've also owned that territory about reindustrializing New Zealand.

1343
01:03:33,520 --> 01:03:36,920
Speaker 22: We're going to return, we're going to reverse the de industrializer,

1344
01:03:37,040 --> 01:03:38,640
Speaker 22: the good old New Zealand, and we're going to get

1345
01:03:38,640 --> 01:03:41,680
Speaker 22: back to manufacturing. Who doesn't like that, well Winston.

1346
01:03:41,760 --> 01:03:45,040
Speaker 23: Interestingly, he spent at least twenty minutes of that speech

1347
01:03:45,360 --> 01:03:49,360
Speaker 23: hitting directly to labor voters who are disenfranchised. He's making

1348
01:03:49,400 --> 01:03:50,360
Speaker 23: a huge move.

1349
01:03:50,200 --> 01:03:54,320
Speaker 22: On them, actually named them labour voters. Come, You're welcome

1350
01:03:54,360 --> 01:03:54,640
Speaker 22: over here.

1351
01:03:54,680 --> 01:03:56,919
Speaker 23: And the other thing that he's doing to your point

1352
01:03:56,960 --> 01:04:02,360
Speaker 23: about Trump, Josie, he is complete latly reflecting to voters

1353
01:04:02,600 --> 01:04:05,760
Speaker 23: the anger and worries that they feel right now. That

1354
01:04:05,960 --> 01:04:07,240
Speaker 23: is why he's connecting with you.

1355
01:04:07,280 --> 01:04:09,600
Speaker 22: One thing he's got to be careful about is we're

1356
01:04:09,880 --> 01:04:12,480
Speaker 22: peak woke. Glad it's over. I don't want the reverse,

1357
01:04:12,560 --> 01:04:16,160
Speaker 22: which is the conservative version of a woke fight and

1358
01:04:16,200 --> 01:04:18,720
Speaker 22: a culture battle. The all pendulum swing. Guys, it's good

1359
01:04:18,760 --> 01:04:20,800
Speaker 22: to talk to you. Thank you, fascinating, so much to

1360
01:04:20,840 --> 01:04:21,280
Speaker 22: talk about.

1361
01:04:21,640 --> 01:04:24,120
Speaker 2: That's a huddle this evening, Tritian Josie obviously seven away

1362
01:04:24,160 --> 01:04:24,560
Speaker 2: from six.

1363
01:04:25,880 --> 01:04:29,400
Speaker 1: It's the Heather Duplessy Allen Drive Full Show podcast on

1364
01:04:29,560 --> 01:04:32,360
Speaker 1: my Ard Radio powered by News Talk ZBI.

1365
01:04:33,920 --> 01:04:36,760
Speaker 2: Heather and Ladies. He still did install Cindy for us. Look,

1366
01:04:36,840 --> 01:04:40,640
Speaker 2: I mean, I agree with you. I don't want such

1367
01:04:40,720 --> 01:04:42,920
Speaker 2: discussion for another day. But what Winston says before the

1368
01:04:42,920 --> 01:04:45,200
Speaker 2: election is not always what Winston does after the election.

1369
01:04:45,320 --> 01:04:48,520
Speaker 2: But people have short memories. Now here we go five

1370
01:04:48,560 --> 01:04:52,640
Speaker 2: away from six, judges told you add another one for you.

1371
01:04:52,720 --> 01:04:55,240
Speaker 2: So I feel like after the story, I feel like

1372
01:04:55,280 --> 01:04:57,400
Speaker 2: the conclusion we're all going to reach us that judges

1373
01:04:57,440 --> 01:04:59,320
Speaker 2: need to get out in the real world just a

1374
01:04:59,320 --> 01:05:01,280
Speaker 2: little bit more. Because this is a case of a

1375
01:05:01,320 --> 01:05:04,400
Speaker 2: judge having given back a gang a gang member's patch

1376
01:05:04,440 --> 01:05:06,160
Speaker 2: after it was seized by the police. But this is

1377
01:05:06,200 --> 01:05:09,000
Speaker 2: extra special. This is extra special for the reason it

1378
01:05:09,040 --> 01:05:11,400
Speaker 2: was given back. So the patch was seized from a

1379
01:05:11,480 --> 01:05:15,800
Speaker 2: chap called Murray farre waka Toupia, who was in a

1380
01:05:15,800 --> 01:05:18,280
Speaker 2: convoy of thirty cars headed to the funeral of a

1381
01:05:18,280 --> 01:05:22,280
Speaker 2: Black Power gang member in Auckland and September. What happened

1382
01:05:22,320 --> 01:05:24,480
Speaker 2: was he jumped out of the car his Toyota high

1383
01:05:24,520 --> 01:05:26,600
Speaker 2: Ace to smoke a fag and that is when he

1384
01:05:26,640 --> 01:05:28,520
Speaker 2: got busted by the coppers. And his defense was he

1385
01:05:28,600 --> 01:05:30,880
Speaker 2: wasn't out that long, He's just smoking himself a cigarette.

1386
01:05:31,040 --> 01:05:33,160
Speaker 2: And he also argued he should get his patch back

1387
01:05:33,160 --> 01:05:35,600
Speaker 2: because it was his dad's patch, so it was special.

1388
01:05:36,200 --> 01:05:39,440
Speaker 2: He says, this vest, which he describes as a quarter Why,

1389
01:05:41,560 --> 01:05:43,320
Speaker 2: which is one of them feathered cloaks, and I think

1390
01:05:43,360 --> 01:05:45,120
Speaker 2: we can say this is definitely not a quarter Why,

1391
01:05:45,160 --> 01:05:48,320
Speaker 2: but whatever was being worn by his father even before

1392
01:05:48,360 --> 01:05:51,640
Speaker 2: he was born and is considered a family taula. He

1393
01:05:51,760 --> 01:05:53,760
Speaker 2: is the eldest son and he intends to pass it

1394
01:05:53,800 --> 01:05:56,040
Speaker 2: on to his eldest son who was now aged three.

1395
01:05:57,320 --> 01:06:00,960
Speaker 2: That is essentially part of the family history. Judge David

1396
01:06:01,000 --> 01:06:04,600
Speaker 2: McNaughton swallowed this hook line and sinker. I loved it.

1397
01:06:04,960 --> 01:06:07,320
Speaker 2: I accept He said that this patch has a great

1398
01:06:07,360 --> 01:06:09,680
Speaker 2: deal of value as far as the family are concerned,

1399
01:06:09,680 --> 01:06:12,600
Speaker 2: and we'll be passed on and the defendants undertaking not

1400
01:06:12,680 --> 01:06:15,640
Speaker 2: to display the gang patch in public. Now, this is why. Oh,

1401
01:06:15,680 --> 01:06:17,440
Speaker 2: and then and then he made an order for the

1402
01:06:17,440 --> 01:06:19,880
Speaker 2: patch to be returned on the condition it was never

1403
01:06:19,920 --> 01:06:22,840
Speaker 2: again displayed in public. Now, this is where the judge,

1404
01:06:23,080 --> 01:06:25,439
Speaker 2: this is where judges. That judge, that judge and many

1405
01:06:25,520 --> 01:06:27,360
Speaker 2: judges need to come and live in the real world

1406
01:06:27,400 --> 01:06:30,120
Speaker 2: for a hot minute. Because the child is three, does

1407
01:06:30,160 --> 01:06:31,920
Speaker 2: any of us have hello, do you need to go

1408
01:06:31,920 --> 01:06:34,080
Speaker 2: and see what gang life is like? We want to do.

1409
01:06:34,120 --> 01:06:36,600
Speaker 2: We want to be basically just making That's what that

1410
01:06:36,680 --> 01:06:38,240
Speaker 2: child's life is now going to be. He's going to

1411
01:06:38,320 --> 01:06:42,200
Speaker 2: aspire to grow up and have his dad's caught away Taulna,

1412
01:06:42,680 --> 01:06:46,840
Speaker 2: which is a gang patch. So that's cool. Second, taking

1413
01:06:46,840 --> 01:06:48,760
Speaker 2: a gang member at his word that he's not going

1414
01:06:48,800 --> 01:06:51,040
Speaker 2: to go out in public. Taking a gang member at

1415
01:06:51,080 --> 01:06:54,280
Speaker 2: his word not something you would do. Twice, I reckon

1416
01:06:54,320 --> 01:06:56,720
Speaker 2: if you live in the real world. Nichola Willis is

1417
01:06:56,720 --> 01:06:56,960
Speaker 2: with us.

1418
01:06:57,000 --> 01:07:12,520
Speaker 1: Next we're Business who meets Insight the Business Hour with

1419
01:07:12,720 --> 01:07:17,160
Speaker 1: Heather Duplicy Allen and Mass Insurance and investments, Your futures

1420
01:07:17,360 --> 01:07:19,480
Speaker 1: in good hands. News talks that be.

1421
01:07:21,160 --> 01:07:22,960
Speaker 2: Even in coming up in the next hour. There are

1422
01:07:23,040 --> 01:07:25,960
Speaker 2: reports that foreign tourists are canceling their trips to New

1423
01:07:26,040 --> 01:07:28,200
Speaker 2: Zealand because of the Iran War. We'll find out from

1424
01:07:28,200 --> 01:07:31,160
Speaker 2: the Tourism Expert Council what's going on. The new Reserve

1425
01:07:31,200 --> 01:07:33,560
Speaker 2: Bank governor is giving a speech tomorrow, Shane Soley, on

1426
01:07:33,600 --> 01:07:35,760
Speaker 2: what to expect interest rate wise, and we're off to

1427
01:07:35,800 --> 01:07:37,880
Speaker 2: the UK. Of course it's seven parsis and with us

1428
01:07:37,880 --> 01:07:42,480
Speaker 2: now as Nikola willis the Finance Minister, High Nichola, good evening, Heather, right,

1429
01:07:42,520 --> 01:07:45,000
Speaker 2: what are you going to do to avoid Fitch downgrading

1430
01:07:45,200 --> 01:07:46,600
Speaker 2: downgrading our credit rating?

1431
01:07:47,440 --> 01:07:50,280
Speaker 14: We're going to stick to our fiscal strategy, which has

1432
01:07:50,360 --> 01:07:54,080
Speaker 14: three core goals. They are getting the books back in balance,

1433
01:07:54,200 --> 01:07:57,400
Speaker 14: bending the debt curve down, and reducing government spending as

1434
01:07:57,440 --> 01:08:01,600
Speaker 14: a share of the overall economy. Goals are really important.

1435
01:08:02,040 --> 01:08:06,920
Speaker 14: We're committed to them. Our opposition opponents.

1436
01:08:06,320 --> 01:08:10,080
Speaker 2: Less so okay. Now, the point that pictures made to

1437
01:08:10,160 --> 01:08:12,320
Speaker 2: us on the program today is pushing out the surplus

1438
01:08:12,360 --> 01:08:14,440
Speaker 2: every year by another year as part of the problem.

1439
01:08:14,480 --> 01:08:16,040
Speaker 2: Do you anticipate having to do that again?

1440
01:08:17,760 --> 01:08:20,400
Speaker 14: Well, I haven't had any advice that that will be

1441
01:08:20,439 --> 01:08:22,519
Speaker 14: the case at the stage, but we're living in a

1442
01:08:22,520 --> 01:08:25,479
Speaker 14: world of flux in which we have the Middle East

1443
01:08:25,640 --> 01:08:28,960
Speaker 14: on fire and a lot is changing. So until I've

1444
01:08:29,000 --> 01:08:32,799
Speaker 14: seen my final fiscal forecasts, I'm not in a position

1445
01:08:32,960 --> 01:08:36,599
Speaker 14: to make commitments. But our surplus objective remains the same.

1446
01:08:37,600 --> 01:08:40,240
Speaker 2: They've pointed to debt being the particular problem. What are

1447
01:08:40,240 --> 01:08:42,639
Speaker 2: the plans that we have to get that debt down?

1448
01:08:44,080 --> 01:08:45,880
Speaker 14: So our plan is you've got to get the books

1449
01:08:45,880 --> 01:08:48,000
Speaker 14: back in balance, because for so long as they're not

1450
01:08:48,080 --> 01:08:52,680
Speaker 14: in balance, you are having to borrow more on current forecasts,

1451
01:08:52,680 --> 01:08:55,479
Speaker 14: we get that debt curve bending down over the next

1452
01:08:55,560 --> 01:08:58,880
Speaker 14: few years. The only way we achieve that is through

1453
01:08:59,120 --> 01:09:03,680
Speaker 14: really time spending decisions in every single budget, and that

1454
01:09:03,800 --> 01:09:07,000
Speaker 14: means delivering savings in every budget. So far, we've delivered

1455
01:09:07,040 --> 01:09:10,000
Speaker 14: forty three billion dollars worth of savings. You can expect

1456
01:09:10,080 --> 01:09:12,599
Speaker 14: us to keep doing that. And I think some people

1457
01:09:12,760 --> 01:09:14,920
Speaker 14: hear about making savings and they think, oh, this is

1458
01:09:14,920 --> 01:09:18,120
Speaker 14: so mean. Why are they doing that? That's the reality

1459
01:09:18,400 --> 01:09:21,040
Speaker 14: that we have to keep our debt under control, and

1460
01:09:21,040 --> 01:09:23,240
Speaker 14: that means to fund the things we really need, read

1461
01:09:23,280 --> 01:09:27,160
Speaker 14: hospital services, good education for our kids. That means we

1462
01:09:27,280 --> 01:09:29,920
Speaker 14: have to find savings elsewhere. That's what the government's been doing.

1463
01:09:29,960 --> 01:09:30,720
Speaker 14: We're going to stick to that.

1464
01:09:30,760 --> 01:09:33,040
Speaker 2: Apparent problems. They say they're giving us eighteen to twenty

1465
01:09:33,040 --> 01:09:35,120
Speaker 2: four months. We're not getting debt down into eighteen to

1466
01:09:35,120 --> 01:09:37,120
Speaker 2: twenty four months, nor are we posting a surplus in

1467
01:09:37,200 --> 01:09:38,439
Speaker 2: eighteen to twenty four months, are we?

1468
01:09:38,439 --> 01:09:41,519
Speaker 14: Well, Well, what they want to see is that we

1469
01:09:41,680 --> 01:09:46,120
Speaker 14: are continuing to deliver on our fiscal strategy and they're

1470
01:09:46,160 --> 01:09:49,800
Speaker 14: concerned that with an election coming up, that there could

1471
01:09:49,800 --> 01:09:52,680
Speaker 14: be changes in the fiscal strategy. And I'd suggest to

1472
01:09:52,720 --> 01:09:55,680
Speaker 14: you that the biggest risk to the fiscal strategy for

1473
01:09:55,760 --> 01:09:58,519
Speaker 14: New Zealand right now, and therefore our credit rating down

1474
01:09:58,880 --> 01:10:02,439
Speaker 14: downgrade risk is with the Labor Party and their friends,

1475
01:10:02,720 --> 01:10:04,880
Speaker 14: because they're the ones who seem to think debt doesn't

1476
01:10:04,880 --> 01:10:08,280
Speaker 14: really matter, that any savings are bad we are, and

1477
01:10:08,360 --> 01:10:09,559
Speaker 14: that we're not spending enough.

1478
01:10:09,680 --> 01:10:12,000
Speaker 2: Okay, so listen, all this cost of living relief that

1479
01:10:12,000 --> 01:10:14,080
Speaker 2: you're going to be announcing tomorrow, how are you going

1480
01:10:14,160 --> 01:10:15,920
Speaker 2: to pay for it without taking on debt.

1481
01:10:17,040 --> 01:10:20,200
Speaker 14: Well, I'll outline that very clearly tomorrow and you will

1482
01:10:20,240 --> 01:10:22,920
Speaker 14: see that it is going to be completely consistent with

1483
01:10:22,960 --> 01:10:25,960
Speaker 14: the fiscal goals I've just outlined and our fiscal strategy.

1484
01:10:26,080 --> 01:10:27,680
Speaker 2: So if you're not going to take on debt, you

1485
01:10:27,760 --> 01:10:28,839
Speaker 2: must be cutting something.

1486
01:10:30,640 --> 01:10:33,360
Speaker 14: Well, Heather, I'll give you an exclusive, which is that

1487
01:10:33,400 --> 01:10:38,240
Speaker 14: we will be funding it from this year's budget operating allowance. Okay,

1488
01:10:39,200 --> 01:10:41,519
Speaker 14: So what that means, what that means for your viewer,

1489
01:10:41,640 --> 01:10:45,040
Speaker 14: for your listeners, is that we are going to prioritize

1490
01:10:45,040 --> 01:10:47,840
Speaker 14: our budget in order to be able to fund this

1491
01:10:48,439 --> 01:10:52,400
Speaker 14: in a temporary, timely and targeted way. But it means that, yes,

1492
01:10:52,520 --> 01:10:55,679
Speaker 14: we'll have to prioritize carefully in order to provide that support.

1493
01:10:55,720 --> 01:10:58,840
Speaker 14: We think that's the right thing to do right now,

1494
01:10:59,439 --> 01:11:01,840
Speaker 14: given them mass of imposition that fuel costs are putting,

1495
01:11:01,880 --> 01:11:05,080
Speaker 14: particularly on low income families. But yeah, we're going to

1496
01:11:05,120 --> 01:11:07,759
Speaker 14: do it in a way that means reprioritizing elsewhere.

1497
01:11:07,840 --> 01:11:11,439
Speaker 2: Yeah, forgive my ignorance here, but isn't the operating allowance

1498
01:11:11,520 --> 01:11:13,240
Speaker 2: also coming from debt?

1499
01:11:14,840 --> 01:11:18,080
Speaker 14: Yes, it is. But if we stick to our operating allowance,

1500
01:11:18,120 --> 01:11:20,559
Speaker 14: then we can stick to our fiscal strategy which has

1501
01:11:20,680 --> 01:11:23,240
Speaker 14: debt bending down over the forecast period.

1502
01:11:23,120 --> 01:11:25,519
Speaker 2: Prime Minister, and see today that it would not whatever

1503
01:11:25,560 --> 01:11:28,320
Speaker 2: you're paying out tomorrow is not going to push death higher.

1504
01:11:28,880 --> 01:11:31,040
Speaker 2: But it obviously is going to push dead higher because

1505
01:11:31,040 --> 01:11:31,680
Speaker 2: you're taking on.

1506
01:11:31,680 --> 01:11:34,519
Speaker 14: Debt, but it's not going to go higher than what

1507
01:11:34,560 --> 01:11:37,559
Speaker 14: we've already forecast will be our budget approach, which is

1508
01:11:37,600 --> 01:11:40,519
Speaker 14: an operating allowance of a very very small nature, which

1509
01:11:40,560 --> 01:11:43,800
Speaker 14: is two point four billion maximum. That's what we've outlined,

1510
01:11:44,560 --> 01:11:46,920
Speaker 14: and that is far smaller than has been the case

1511
01:11:47,000 --> 01:11:50,640
Speaker 14: for the previous government. And so by funding it from

1512
01:11:50,680 --> 01:11:53,360
Speaker 14: the operating allowance, what we're not doing is giving ourselves

1513
01:11:53,840 --> 01:11:56,720
Speaker 14: the freedom and flexibility that for example, the last government did,

1514
01:11:56,760 --> 01:12:01,720
Speaker 14: where they just did a whole bunch of extra storker.

1515
01:12:00,680 --> 01:12:02,760
Speaker 2: Happening here right, you can see what's going to happen here.

1516
01:12:02,800 --> 01:12:04,519
Speaker 2: Prime Minister has just said it's not going to be

1517
01:12:04,560 --> 01:12:06,680
Speaker 2: debt funded. You've just confirmed it is going to be

1518
01:12:06,720 --> 01:12:08,240
Speaker 2: debt funded. So now you're going to have a big

1519
01:12:08,280 --> 01:12:10,360
Speaker 2: old fight tomorrow. It's going to be all over the

1520
01:12:10,400 --> 01:12:12,400
Speaker 2: news about which one of you two is actually right.

1521
01:12:13,280 --> 01:12:16,040
Speaker 14: Well, the Prime Minister is correct and I'm correct, which

1522
01:12:16,040 --> 01:12:18,519
Speaker 14: is we are not adding any more funding too.

1523
01:12:18,720 --> 01:12:21,519
Speaker 2: Do you feel like you guys yourselves? Okay, by trying,

1524
01:12:22,520 --> 01:12:23,000
Speaker 2: I think.

1525
01:12:22,840 --> 01:12:24,880
Speaker 14: That you're I think you're being too clever, which is

1526
01:12:24,920 --> 01:12:28,120
Speaker 14: it's pretty simple. We're not going to actually add more

1527
01:12:28,160 --> 01:12:31,759
Speaker 14: spending in the budget in order to prioritize some extra

1528
01:12:31,800 --> 01:12:34,559
Speaker 14: support for low income families. We're not doing that. We're

1529
01:12:34,600 --> 01:12:36,120
Speaker 14: not going to be adding to the debt in order

1530
01:12:36,160 --> 01:12:38,080
Speaker 14: to do this. We're doing it from within our existing

1531
01:12:38,120 --> 01:12:39,040
Speaker 14: budget constraints.

1532
01:12:39,120 --> 01:12:41,439
Speaker 2: Okay, so tell me how much is it costing the

1533
01:12:41,520 --> 01:12:45,320
Speaker 2: country to give free money to a profitable company being Meridian,

1534
01:12:45,720 --> 01:12:48,280
Speaker 2: to plant EV charges up and down this country? How

1535
01:12:48,320 --> 01:12:49,240
Speaker 2: much is it costing us?

1536
01:12:50,360 --> 01:12:54,280
Speaker 14: Well, what we're actually doing is accelerating the rollout of

1537
01:12:54,360 --> 01:12:58,559
Speaker 14: electrical vehicle charges two thousand, five hundred more. They're doing

1538
01:12:58,640 --> 01:13:01,080
Speaker 14: it much faster than they would otherwise do, and we've

1539
01:13:01,120 --> 01:13:04,599
Speaker 14: allocated fifty two million dollars to achieve that, and we're

1540
01:13:04,600 --> 01:13:07,000
Speaker 14: doing it at a much lower cost than the previous

1541
01:13:07,040 --> 01:13:08,800
Speaker 14: scheme which was in place, which had a cost of

1542
01:13:08,880 --> 01:13:11,400
Speaker 14: the tax payer of about forty thousand per charger. We've

1543
01:13:11,400 --> 01:13:14,080
Speaker 14: got that cost down to around ten thousand per charger.

1544
01:13:14,439 --> 01:13:16,960
Speaker 14: It's interest free loans will get the loans paid back.

1545
01:13:17,000 --> 01:13:19,240
Speaker 2: Okay, but what is it costing us? Because we are put.

1546
01:13:19,040 --> 01:13:21,320
Speaker 14: It that's going on two million dollars, Yeah, which they

1547
01:13:21,360 --> 01:13:25,200
Speaker 14: pay back, right, that's right. And sixty million dollars is

1548
01:13:25,240 --> 01:13:26,840
Speaker 14: what they've pledged to accelerate.

1549
01:13:26,880 --> 01:13:29,160
Speaker 2: But what so the fifty two million, Just because I

1550
01:13:29,200 --> 01:13:31,040
Speaker 2: want to be I want to understand this. The fifty

1551
01:13:31,040 --> 01:13:33,200
Speaker 2: two million is the loan. They will pay that back

1552
01:13:33,240 --> 01:13:35,960
Speaker 2: in its entirety. But that is take We are paying

1553
01:13:35,960 --> 01:13:37,840
Speaker 2: for that with debts, right, so we have to pay

1554
01:13:37,880 --> 01:13:40,000
Speaker 2: for that money. How much does that cost us? Because

1555
01:13:40,000 --> 01:13:41,840
Speaker 2: it's not cost neutral to New Zealand.

1556
01:13:42,439 --> 01:13:46,480
Speaker 14: No, that is funding that we allocated in previous budgets

1557
01:13:46,560 --> 01:13:49,519
Speaker 14: and so we've already allocated that funding. That is the

1558
01:13:49,560 --> 01:13:50,839
Speaker 14: fifty two million that we've.

1559
01:13:51,040 --> 01:13:53,800
Speaker 2: We're borrowing it. It's borrowed money. How much does it

1560
01:13:53,840 --> 01:13:55,599
Speaker 2: cost us to borrow fifty two million dollars?

1561
01:13:55,680 --> 01:13:58,919
Speaker 14: Look, it is the case that across the last two budgets,

1562
01:13:58,920 --> 01:14:01,479
Speaker 14: when we've been committing funding to new things, whether that's

1563
01:14:01,520 --> 01:14:05,680
Speaker 14: frontline police or whether that's increased support for teachers to

1564
01:14:05,720 --> 01:14:07,759
Speaker 14: teach our kids how to read, write and do maths,

1565
01:14:08,400 --> 01:14:10,799
Speaker 14: that we have been in a position where the country

1566
01:14:10,920 --> 01:14:11,439
Speaker 14: is borrowing.

1567
01:14:12,560 --> 01:14:15,519
Speaker 2: The case we're borrowing so people can teach our kids.

1568
01:14:16,360 --> 01:14:18,720
Speaker 2: Why are we borrowing money to give it to a

1569
01:14:18,760 --> 01:14:22,519
Speaker 2: profitable power company to do something that they would otherwise

1570
01:14:22,560 --> 01:14:24,080
Speaker 2: not be doing. That's silly, isn't it.

1571
01:14:24,600 --> 01:14:27,559
Speaker 14: Well, much like a previous national government, recognize that if

1572
01:14:27,560 --> 01:14:30,840
Speaker 14: you want people to have ultra fast broadband in their

1573
01:14:30,840 --> 01:14:33,559
Speaker 14: homes and deliver all of the economic benefits that brings,

1574
01:14:33,600 --> 01:14:36,000
Speaker 14: you actually have to work alongside the private sector to

1575
01:14:36,040 --> 01:14:39,400
Speaker 14: accelerate that infrastructure roll out. And you'll remember that government

1576
01:14:39,439 --> 01:14:43,360
Speaker 14: committed funds to work with others to roll out that infrastructure.

1577
01:14:43,800 --> 01:14:46,040
Speaker 14: We think there is a case for the government working

1578
01:14:46,080 --> 01:14:48,960
Speaker 14: with the private sector to fast track the rollout of

1579
01:14:49,439 --> 01:14:52,880
Speaker 14: EV charging infrastructure because without that infrastructure, it's going to

1580
01:14:52,880 --> 01:14:55,320
Speaker 14: be much harder for many kiwis to buy an EV.

1581
01:14:55,840 --> 01:14:59,040
Speaker 14: We're not subsidizing Tesla's Instead, what we're saying is there's

1582
01:14:59,040 --> 01:15:02,000
Speaker 14: a role for government making sure the infrastructure of a

1583
01:15:02,120 --> 01:15:05,000
Speaker 14: charging network is available, so if people want to buy

1584
01:15:05,000 --> 01:15:07,000
Speaker 14: an EV, they can do so knowing they can get

1585
01:15:07,000 --> 01:15:07,880
Speaker 14: a charged.

1586
01:15:07,720 --> 01:15:10,760
Speaker 2: Okay, is Chris Bishop going to defer or cancel some

1587
01:15:10,800 --> 01:15:14,120
Speaker 2: of the roads of national significance well, what.

1588
01:15:14,000 --> 01:15:16,960
Speaker 14: He has said is we are looking at our whole

1589
01:15:17,000 --> 01:15:20,439
Speaker 14: transport program at the moment because a lot of that

1590
01:15:20,600 --> 01:15:25,479
Speaker 14: is predicated on proposals to increase the fuel tax in

1591
01:15:25,520 --> 01:15:29,680
Speaker 14: the future. Given what's happening with fuel prices, it is

1592
01:15:29,720 --> 01:15:33,439
Speaker 14: appropriate that we consider, well, are we actually going to

1593
01:15:33,479 --> 01:15:36,240
Speaker 14: be able to do that, or are there other measures

1594
01:15:36,240 --> 01:15:38,759
Speaker 14: that we could take within the transport program. We haven't

1595
01:15:38,800 --> 01:15:42,240
Speaker 14: made decisions. Cabinet hasn't considered any changes to the program.

1596
01:15:42,479 --> 01:15:46,280
Speaker 14: We remain committed to the roads of national significance. We

1597
01:15:46,360 --> 01:15:50,080
Speaker 14: remain committed to a long term infrastructure pipeline that sees

1598
01:15:50,360 --> 01:15:54,000
Speaker 14: state highways being expanded, that maintenance to the roads. But

1599
01:15:54,120 --> 01:15:57,639
Speaker 14: how we sequence and phays that program is a question

1600
01:15:57,680 --> 01:16:01,240
Speaker 14: we're asking because, as you'd expect, government looking at massive

1601
01:16:01,240 --> 01:16:04,080
Speaker 14: fuel price increases and it hit to the economy has

1602
01:16:04,080 --> 01:16:07,519
Speaker 14: to look when you make that does this makes sense now? Well, look,

1603
01:16:07,560 --> 01:16:09,800
Speaker 14: we'll be having those discussions as a cabinet over the

1604
01:16:09,880 --> 01:16:11,160
Speaker 14: coming weeks and months.

1605
01:16:11,040 --> 01:16:12,519
Speaker 2: Before it would it be before the election.

1606
01:16:14,479 --> 01:16:17,040
Speaker 14: Well, we'll certainly have more to say about our transport program.

1607
01:16:17,160 --> 01:16:19,519
Speaker 2: He did the election. Absolutely, thank you, nicol I appreciated

1608
01:16:19,520 --> 01:16:22,000
Speaker 2: that's Nikolaiullus the Finance Minister sixteen parts or by the

1609
01:16:22,120 --> 01:16:23,679
Speaker 2: if you haven't caught up on this Roads of National

1610
01:16:23,680 --> 01:16:26,720
Speaker 2: Significance thing, it's probably potentially significant. So I'll run you

1611
01:16:26,720 --> 01:16:28,280
Speaker 2: through that shortly sixteen past six.

1612
01:16:29,240 --> 01:16:32,520
Speaker 1: It's the Heather duper Sell and Drive Full Show podcast

1613
01:16:32,600 --> 01:16:35,519
Speaker 1: on my Heart Radio powered by newstalg ZEPPI.

1614
01:16:36,439 --> 01:16:39,920
Speaker 2: All right, now, roads of national significance. I think this

1615
01:16:40,000 --> 01:16:44,200
Speaker 2: is I think this is significant. What is a seemingly

1616
01:16:44,240 --> 01:16:46,840
Speaker 2: emerging here with the roads of national significance If you

1617
01:16:46,920 --> 01:16:48,920
Speaker 2: cast your mind back, Oh, I want to say maybe

1618
01:16:48,920 --> 01:16:51,960
Speaker 2: a week or two or thereabouts. The government had indicated

1619
01:16:52,000 --> 01:16:53,960
Speaker 2: we're not going to get a fuel tax cut, right,

1620
01:16:54,000 --> 01:16:56,040
Speaker 2: so you your petrol's not going to get any cheaper,

1621
01:16:56,479 --> 01:16:59,799
Speaker 2: but they won't hike the excise fuel that the increase

1622
01:16:59,840 --> 01:17:02,720
Speaker 2: that were expecting to They were expecting to raise it

1623
01:17:02,760 --> 01:17:05,800
Speaker 2: next year and they're not going to do that, right necessarily,

1624
01:17:06,000 --> 01:17:08,559
Speaker 2: they're not committing to doing it now. That money, though,

1625
01:17:08,840 --> 01:17:11,760
Speaker 2: was supposed to be used for road building, right, So

1626
01:17:11,920 --> 01:17:13,519
Speaker 2: if we don't have that money coming in with the

1627
01:17:13,520 --> 01:17:15,800
Speaker 2: extra tax, then how do we pay for the roads

1628
01:17:15,800 --> 01:17:18,800
Speaker 2: of national significance? He was asked about this today. He

1629
01:17:18,920 --> 01:17:20,720
Speaker 2: was asked whether that would mean that the cancer there

1630
01:17:20,720 --> 01:17:24,120
Speaker 2: would be roads that would be canceled or deferred. He

1631
01:17:24,160 --> 01:17:26,639
Speaker 2: wouldn't be drawn on it. Now, I think, and having

1632
01:17:26,720 --> 01:17:28,560
Speaker 2: listened to what Nikola has just said there, which is

1633
01:17:28,600 --> 01:17:30,080
Speaker 2: there's going to be a rethink of the whole thing,

1634
01:17:30,120 --> 01:17:32,080
Speaker 2: I think that you should prepare yourself that the Roads

1635
01:17:32,080 --> 01:17:35,639
Speaker 2: of National Significance program as outlined previously may in fact

1636
01:17:35,720 --> 01:17:38,280
Speaker 2: not look like that. And the first clue probably was

1637
01:17:38,320 --> 01:17:40,360
Speaker 2: the Mount vctunnel, because I don't know if you caught that.

1638
01:17:40,360 --> 01:17:42,679
Speaker 2: That was big news in Wellington. But they were planning

1639
01:17:42,680 --> 01:17:44,360
Speaker 2: the second Mountfac tunnel, and then all of a sudden

1640
01:17:44,400 --> 01:17:46,360
Speaker 2: they weren't planning the second Mountfact tunnel, and then they

1641
01:17:46,360 --> 01:17:48,800
Speaker 2: were again planning the second Mount wactunnel. Have been all

1642
01:17:48,800 --> 01:17:50,240
Speaker 2: over the show on it. So just keep an eye

1643
01:17:50,320 --> 01:17:52,400
Speaker 2: on that, because roads, which is what we were all

1644
01:17:52,439 --> 01:17:55,599
Speaker 2: counting on, may in fact no now not happen, certainly

1645
01:17:55,680 --> 01:17:57,840
Speaker 2: not in the order or at the speed that you

1646
01:17:57,920 --> 01:18:00,160
Speaker 2: may have been expecting. It's twenty past six and and

1647
01:18:00,240 --> 01:18:04,160
Speaker 2: solely harbor Resset Managements with ours. Hello, Shane, Hey, Heather, Right,

1648
01:18:04,160 --> 01:18:06,599
Speaker 2: how are the investment markets reacting to the weekends around

1649
01:18:06,640 --> 01:18:07,920
Speaker 2: related actions?

1650
01:18:08,240 --> 01:18:10,639
Speaker 4: Yeah? It's been a bit of a rocky, rocky start

1651
01:18:10,720 --> 01:18:13,519
Speaker 4: that we'resson seen a risk off tone today reflecting this

1652
01:18:13,600 --> 01:18:16,639
Speaker 4: diverging messaging from Iran as well in the US over

1653
01:18:16,680 --> 01:18:19,720
Speaker 4: the weekend. Up just breaking it down, we saw the

1654
01:18:20,120 --> 01:18:22,880
Speaker 4: oil pricess months like one hundred and forteen dollars fifty

1655
01:18:23,200 --> 01:18:25,439
Speaker 4: it's for print per barrel. Since she's falling back to

1656
01:18:25,439 --> 01:18:27,280
Speaker 4: bet one hundred and thirty now, which is where Friday's

1657
01:18:27,320 --> 01:18:30,920
Speaker 4: closed was, so then move there. Locally, big moves have

1658
01:18:31,000 --> 01:18:33,320
Speaker 4: been in the New Zealand tenure government bond years. We've

1659
01:18:33,320 --> 01:18:36,800
Speaker 4: seen them increase zero point one that's almost a four

1660
01:18:36,840 --> 01:18:39,200
Speaker 4: point nine percent, which is a one year high. A

1661
01:18:39,200 --> 01:18:41,400
Speaker 4: little bit about this global risk and a little bit

1662
01:18:41,439 --> 01:18:45,360
Speaker 4: about the credit rating agency changes last week from Fitch perhaps,

1663
01:18:45,840 --> 01:18:48,240
Speaker 4: and you own shere. Market down zero point seven seven

1664
01:18:48,560 --> 01:18:52,200
Speaker 4: zero point seven percent today, driven by cyclical companies such

1665
01:18:52,200 --> 01:18:55,720
Speaker 4: as Mainfare or when he brought future building, but we're

1666
01:18:55,760 --> 01:18:58,360
Speaker 4: actually else with our head. We've seen the Japanese market

1667
01:18:58,400 --> 01:19:02,160
Speaker 4: down more than three percent today and US features it's

1668
01:19:02,439 --> 01:19:04,720
Speaker 4: suggesting the US market will be down about zero point

1669
01:19:04,760 --> 01:19:05,280
Speaker 4: three percent.

1670
01:19:05,640 --> 01:19:07,680
Speaker 2: How did the market react to the profit results from

1671
01:19:07,840 --> 01:19:08,920
Speaker 2: from Froontira and Sin.

1672
01:19:08,920 --> 01:19:12,719
Speaker 4: They yeah, pretty good. Actually, Froontira's result was with strong

1673
01:19:12,760 --> 01:19:15,759
Speaker 4: food services and the ingredients performing really well. We actually

1674
01:19:15,720 --> 01:19:18,400
Speaker 4: sort of management team a Fontier upgrade earnings forecast for

1675
01:19:18,400 --> 01:19:21,719
Speaker 4: the full year to between fifty to sixty five cents.

1676
01:19:21,760 --> 01:19:24,200
Speaker 4: They boosted dividends. They've given us a special dividend of

1677
01:19:24,200 --> 01:19:28,200
Speaker 4: sixteen cents. Confirmed that that two dollars payout this year

1678
01:19:28,240 --> 01:19:30,600
Speaker 4: is going to come to on April fourteenth. That'll be

1679
01:19:30,600 --> 01:19:34,160
Speaker 4: a well welcomed beast for parts US in an economy.

1680
01:19:34,400 --> 01:19:37,160
Speaker 4: They did warn about the Middle East conflict having impact

1681
01:19:37,200 --> 01:19:40,719
Speaker 4: on supply chains and just being weary of inmentary and costs.

1682
01:19:41,680 --> 01:19:44,040
Speaker 4: But the Fontiership ros up two point four percent to

1683
01:19:44,160 --> 01:19:46,960
Speaker 4: eight dollars forty three to day. Sin may a pre

1684
01:19:47,040 --> 01:19:50,719
Speaker 4: guided week result for first half cash outflows and rising debt.

1685
01:19:51,000 --> 01:19:52,599
Speaker 4: They have a bit of a debt relief coming through

1686
01:19:52,600 --> 01:19:55,760
Speaker 4: with this Abbot asset sale and they're making progress on

1687
01:19:55,840 --> 01:19:58,960
Speaker 4: their deal where they two to improve change manufacturing and

1688
01:19:59,439 --> 01:20:02,000
Speaker 4: US fifty so assimilar share prices. Actually a nice bounce

1689
01:20:02,080 --> 01:20:04,679
Speaker 4: up three percent to fifty cents per year.

1690
01:20:04,800 --> 01:20:07,080
Speaker 2: Okay. Now, Anna Breman is speaking at the Business New

1691
01:20:07,160 --> 01:20:09,720
Speaker 2: Zealand Forum tomorrow what are the markets pricing in for

1692
01:20:09,760 --> 01:20:11,080
Speaker 2: the ocr.

1693
01:20:11,439 --> 01:20:14,479
Speaker 4: Yeah, look, it's a it's an important speech by government Bremen.

1694
01:20:15,120 --> 01:20:17,960
Speaker 4: Obviously the focus has changed in terms of the potential impacts.

1695
01:20:18,000 --> 01:20:20,120
Speaker 4: They evolved in the Middle East situation. That's what the

1696
01:20:20,160 --> 01:20:23,439
Speaker 4: new speech is for. The RBY has been really careful

1697
01:20:23,479 --> 01:20:26,400
Speaker 4: to say this is not premting managed to closer committee

1698
01:20:26,439 --> 01:20:29,960
Speaker 4: meeting in April. But you know, the markets are now

1699
01:20:30,040 --> 01:20:33,200
Speaker 4: pricing and the Reserve Banking news on official overnight cash

1700
01:20:33,280 --> 01:20:36,080
Speaker 4: rate to be increased by one point three percent to

1701
01:20:36,200 --> 01:20:38,840
Speaker 4: three point five five percent by March twenty seven, so

1702
01:20:39,000 --> 01:20:42,560
Speaker 4: within twelve miles the markets expecting official cash rates to

1703
01:20:42,600 --> 01:20:44,479
Speaker 4: be about three and a half percent. Now when we

1704
01:20:44,520 --> 01:20:47,120
Speaker 4: look at it, you know, economy has surplus compacities. The

1705
01:20:47,200 --> 01:20:51,120
Speaker 4: unemployment rate it's above average, so maybe the RBUS can

1706
01:20:51,160 --> 01:20:54,840
Speaker 4: take a more measured approach, but markets are certainly putting

1707
01:20:54,880 --> 01:20:55,160
Speaker 4: a bit of.

1708
01:20:55,160 --> 01:20:57,640
Speaker 2: An inprese in Heather, very interesting, Hey, thanks very much.

1709
01:20:57,640 --> 01:21:00,479
Speaker 2: Shane has Alway, Shane Sally Harbor Asset Management six twenty.

1710
01:21:00,280 --> 01:21:04,559
Speaker 1: Three, crunching the numbers and getting the results. It's Heather

1711
01:21:04,640 --> 01:21:08,920
Speaker 1: Dupercy Allen on the Business Hour with Mass Insurance and Investments.

1712
01:21:09,080 --> 01:21:12,800
Speaker 1: Your futures in good hands used talks, that'd be Heather.

1713
01:21:12,840 --> 01:21:14,760
Speaker 2: Can you point out that for every ten cents the

1714
01:21:14,800 --> 01:21:16,840
Speaker 2: fuel goes up at the pump, the government gets another

1715
01:21:16,880 --> 01:21:19,400
Speaker 2: seventy five to ninety million dollars per year in GST,

1716
01:21:19,439 --> 01:21:21,240
Speaker 2: which they haven't budgeted for, so they actually have more

1717
01:21:21,240 --> 01:21:23,760
Speaker 2: money to spend. Thank you for that, Heather. What do

1718
01:21:23,800 --> 01:21:26,040
Speaker 2: you think of the Funamitar beach hop going ahead in

1719
01:21:26,080 --> 01:21:30,840
Speaker 2: the current fuel crisis as well? We haven't been told

1720
01:21:30,840 --> 01:21:33,120
Speaker 2: to conserve fuel, have we. We haven't been told to

1721
01:21:33,160 --> 01:21:36,400
Speaker 2: conserve fuel. We've been told everything's fine. So I think

1722
01:21:36,880 --> 01:21:39,880
Speaker 2: if you tell it, unless we are told to conserve fuel,

1723
01:21:40,640 --> 01:21:43,240
Speaker 2: I they're fine, aren't They go ahead and do the

1724
01:21:43,240 --> 01:21:45,080
Speaker 2: things that make them happy, even if it uses fuel?

1725
01:21:45,160 --> 01:21:45,960
Speaker 2: Six twenty six.

1726
01:21:46,760 --> 01:21:50,320
Speaker 1: There's no business like show business.

1727
01:21:51,320 --> 01:21:54,639
Speaker 2: Chapel roans in trouble. She's been accused of hating children

1728
01:21:54,720 --> 01:21:57,280
Speaker 2: because over the weekend she was at Lollapalooza in Brazil,

1729
01:21:57,320 --> 01:22:01,200
Speaker 2: and so was the former Chelsea midfielder and his wife

1730
01:22:01,200 --> 01:22:04,840
Speaker 2: and his stepdaughter. Now the stepdaughter is Jude Law's biological daughter.

1731
01:22:04,880 --> 01:22:07,200
Speaker 2: Did you know anyway? So that beside the point, there's

1732
01:22:07,240 --> 01:22:08,720
Speaker 2: just a piece of gossip for you. So anyway, they're

1733
01:22:08,720 --> 01:22:11,800
Speaker 2: staying at this hotel and during breakfast, the stepdaughter thinks

1734
01:22:11,800 --> 01:22:13,880
Speaker 2: she spots Chapel Roone, so she does what any kid

1735
01:22:13,880 --> 01:22:16,040
Speaker 2: would do. She wanders past, attempt him to just like

1736
01:22:16,240 --> 01:22:19,120
Speaker 2: look like she's not looking, but actually look anyway. She's

1737
01:22:19,160 --> 01:22:21,479
Speaker 2: then approached by a Chapel Roane security who then tell

1738
01:22:21,479 --> 01:22:25,080
Speaker 2: the girl allegedly tell her off in an extremely aggressive

1739
01:22:25,080 --> 01:22:26,840
Speaker 2: manner and it makes her cry and she's only eleven

1740
01:22:26,920 --> 01:22:30,439
Speaker 2: years old. Johina posts this to his Instagram story, which

1741
01:22:30,439 --> 01:22:32,760
Speaker 2: sets a lighter sector of the Internet, who already hates

1742
01:22:32,800 --> 01:22:35,559
Speaker 2: Chapel Roane for previous run ins with the media and fans,

1743
01:22:35,760 --> 01:22:38,800
Speaker 2: and Chapel Rones now had to defend herself. I did

1744
01:22:38,920 --> 01:22:42,639
Speaker 2: not ask the security road to go up and talk

1745
01:22:42,680 --> 01:22:45,240
Speaker 2: to his mother and child. I did not. They did

1746
01:22:45,280 --> 01:22:48,439
Speaker 2: I come up to me. They weren't doing anything. I

1747
01:22:48,720 --> 01:22:51,400
Speaker 2: do not hate people who are fans for the music.

1748
01:22:51,720 --> 01:22:55,800
Speaker 2: I do not hate children like that is crazy. Just

1749
01:22:55,840 --> 01:22:57,080
Speaker 2: the fact that you have to say I do not

1750
01:22:57,120 --> 01:22:59,759
Speaker 2: hate children as in and of itself quite funny, isn't it.

1751
01:22:59,840 --> 01:23:01,840
Speaker 2: The controversy has now got so out of hand, though,

1752
01:23:01,840 --> 01:23:04,120
Speaker 2: that the mayor of Rio de Janeiro has chimed, and

1753
01:23:04,160 --> 01:23:06,400
Speaker 2: he says chapel Roone is now banned from performing at

1754
01:23:06,400 --> 01:23:09,960
Speaker 2: the twenty twenty six Tordor Mundo Norrio Festival. The only

1755
01:23:10,000 --> 01:23:12,920
Speaker 2: problem is chapel rone was never scheduled to play at

1756
01:23:12,920 --> 01:23:15,160
Speaker 2: the festival. So he's just doing that thing that a

1757
01:23:15,160 --> 01:23:18,360
Speaker 2: politician does. Isn't it good for him? Anyway? The mother

1758
01:23:18,479 --> 01:23:21,200
Speaker 2: at the mother of the girl has broken her silence

1759
01:23:21,240 --> 01:23:23,160
Speaker 2: as well. Now it's not that hot one that was

1760
01:23:23,200 --> 01:23:25,200
Speaker 2: going out with Jude law. I also wondered, for a

1761
01:23:25,200 --> 01:23:28,800
Speaker 2: hot second, I think it's just some birdy. It's not her,

1762
01:23:28,920 --> 01:23:31,800
Speaker 2: it's some other birdie knocked up anyway, she says. The

1763
01:23:31,840 --> 01:23:34,200
Speaker 2: mother says, even though she doubts chapel Roone told the

1764
01:23:34,240 --> 01:23:37,240
Speaker 2: security guard to berate her daughter. She thinks celebrities have

1765
01:23:37,240 --> 01:23:39,400
Speaker 2: a responsibility to make sure that the people at work

1766
01:23:39,439 --> 01:23:42,040
Speaker 2: for you are acting appropriately. There you go. Now, let's

1767
01:23:42,080 --> 01:23:44,200
Speaker 2: find out if people really are canceling their trips to

1768
01:23:44,200 --> 01:23:45,559
Speaker 2: New Zealand on account of Iran.

1769
01:23:45,800 --> 01:23:58,679
Speaker 8: Next, whether it's macro micro or just plain economics, it's

1770
01:23:58,720 --> 01:24:00,160
Speaker 8: all on the business.

1771
01:24:00,520 --> 01:24:04,160
Speaker 1: We're the head the DUP cur and MAS Insurance and Investments.

1772
01:24:04,320 --> 01:24:07,280
Speaker 1: Your futures in good hands. Us talks heavy.

1773
01:24:07,880 --> 01:24:19,920
Speaker 24: Oh hey, Oliver is going to be with us out

1774
01:24:19,920 --> 01:24:21,960
Speaker 24: of the UK and for Gavin Gray and she'll be

1775
01:24:21,960 --> 01:24:23,280
Speaker 24: with us in about ten minutes time.

1776
01:24:23,360 --> 01:24:25,840
Speaker 2: Right now, it's twenty four away from seven. Now there

1777
01:24:25,840 --> 01:24:28,920
Speaker 2: are reports that tourists are canceling their trips to New Zealand.

1778
01:24:28,920 --> 01:24:31,600
Speaker 2: A snapshot survey by the Tourism Expert Council show that

1779
01:24:31,680 --> 01:24:35,800
Speaker 2: seventy seven percent of tourism operators who responded say they've

1780
01:24:35,840 --> 01:24:38,840
Speaker 2: had cancelations. And this is for Marchy and April. Linda

1781
01:24:38,920 --> 01:24:41,240
Speaker 2: Keen is the CEO of the Tourism Export Council and

1782
01:24:41,240 --> 01:24:44,280
Speaker 2: with us now, Hi, Linda, Oh, good afternoon, Heather. Now

1783
01:24:44,479 --> 01:24:46,559
Speaker 2: it sounds does it sound to you like it's not

1784
01:24:46,600 --> 01:24:49,240
Speaker 2: so much fears about what way happen, but actual flight

1785
01:24:49,280 --> 01:24:51,880
Speaker 2: cancelations and root disruptions that are main culprit's here.

1786
01:24:53,240 --> 01:24:56,439
Speaker 25: I think, firstly, to put into context of the respondents

1787
01:24:56,800 --> 01:25:00,280
Speaker 25: to the survey, the seventy seven percent is only for

1788
01:25:00,400 --> 01:25:03,599
Speaker 25: those travelers from the UK and European markets. All our

1789
01:25:03,640 --> 01:25:06,559
Speaker 25: other markets are fine, and it is for this March

1790
01:25:06,600 --> 01:25:09,439
Speaker 25: April period and thankfully we're actually that we're at the

1791
01:25:09,560 --> 01:25:13,240
Speaker 25: tail end of our season, so we expected a few

1792
01:25:13,280 --> 01:25:17,320
Speaker 25: cancelations as soon as this event kicked into gear, but

1793
01:25:17,400 --> 01:25:20,400
Speaker 25: at this point in time, we are not concerned too

1794
01:25:20,439 --> 01:25:23,960
Speaker 25: much about the upcoming season from the first of October.

1795
01:25:25,040 --> 01:25:27,800
Speaker 2: Do you think, though, that these people will rebook, because

1796
01:25:27,800 --> 01:25:29,920
Speaker 2: I mean, it is one thing. Once you've had the

1797
01:25:29,920 --> 01:25:32,800
Speaker 2: flight cancelations happen and the disruptions happen, and then you're

1798
01:25:32,800 --> 01:25:34,360
Speaker 2: in what is essentially going to be a cost of

1799
01:25:34,400 --> 01:25:36,479
Speaker 2: living crisis, which you know is happening, wouldn't you be

1800
01:25:36,479 --> 01:25:38,559
Speaker 2: better off saving your dollars and not going to New Zealand.

1801
01:25:39,880 --> 01:25:42,280
Speaker 25: I think for those long haul travelers, because it's such

1802
01:25:42,280 --> 01:25:45,520
Speaker 25: a commitment with time and with Sunday, with their investment,

1803
01:25:45,960 --> 01:25:49,880
Speaker 25: for the airlines that are working closely with their passengers

1804
01:25:50,240 --> 01:25:55,439
Speaker 25: and providing favorable new routes to fly to New Zealand,

1805
01:25:55,800 --> 01:25:59,080
Speaker 25: I think they'll be fine. Certainly, all airlines and tourism

1806
01:25:59,120 --> 01:26:02,880
Speaker 25: operators there is a cancelation coming through, they're being encouraging

1807
01:26:02,880 --> 01:26:06,280
Speaker 25: a credit more than a cancelation. But with such a

1808
01:26:06,320 --> 01:26:10,439
Speaker 25: long haul destination, if people still have the time, they've

1809
01:26:10,479 --> 01:26:13,040
Speaker 25: prepaid for their air fare and the bulk of their

1810
01:26:13,080 --> 01:26:16,679
Speaker 25: trip to New Zealand already we think they will still travel,

1811
01:26:17,080 --> 01:26:18,920
Speaker 25: but of course there's a lot of uncertainty as to

1812
01:26:19,000 --> 01:26:21,680
Speaker 25: how long this situation carries on.

1813
01:26:22,160 --> 01:26:24,439
Speaker 2: How long is it before I mean, because this has

1814
01:26:24,520 --> 01:26:26,479
Speaker 2: been this is not a novel idea by me. I

1815
01:26:26,560 --> 01:26:27,920
Speaker 2: mean a lot of people have said this, but we

1816
01:26:27,960 --> 01:26:30,639
Speaker 2: actually stand to benefit because we are such a safe

1817
01:26:30,720 --> 01:26:32,920
Speaker 2: destination as long as people can get here. How long

1818
01:26:32,960 --> 01:26:35,120
Speaker 2: before we start to benefit from people who are looking

1819
01:26:35,120 --> 01:26:36,280
Speaker 2: for nice, safe holidays.

1820
01:26:37,360 --> 01:26:40,360
Speaker 25: Well, the quick snapshot that we've got and some anecdotal

1821
01:26:40,400 --> 01:26:43,719
Speaker 25: feedback just in the last couple of days does suggest,

1822
01:26:43,800 --> 01:26:48,320
Speaker 25: as with some crises, there are always some beneficiaries, particularly

1823
01:26:48,360 --> 01:26:51,280
Speaker 25: in travel and tourism, and people change their travel plans.

1824
01:26:51,479 --> 01:26:54,439
Speaker 25: So we are definitely seeing new inquiries starting to come

1825
01:26:54,479 --> 01:26:56,840
Speaker 25: through from the next one to two months, because that

1826
01:26:56,880 --> 01:27:00,280
Speaker 25: would be the summer season in the Northern Hemisphere. Those

1827
01:27:00,280 --> 01:27:02,799
Speaker 25: that can travel still want to travel. We're just beginning

1828
01:27:02,800 --> 01:27:06,400
Speaker 25: to see some bookings float through and that those are

1829
01:27:06,400 --> 01:27:10,360
Speaker 25: coming from the US from India. Singapore Airlines has just

1830
01:27:10,400 --> 01:27:12,960
Speaker 25: announced that they've put an increased capacity to London and

1831
01:27:13,040 --> 01:27:15,760
Speaker 25: Australia and canceled they're do by flight. So the third

1832
01:27:15,760 --> 01:27:18,960
Speaker 25: of April. That is a favorable opportunity for us, even

1833
01:27:19,000 --> 01:27:21,840
Speaker 25: though we want to be gentle about you know, opportunities.

1834
01:27:22,040 --> 01:27:23,840
Speaker 2: Yeah, yeah too right, But doesn't it mean those people

1835
01:27:23,880 --> 01:27:25,840
Speaker 2: will just stop in Australia or do they do they

1836
01:27:26,160 --> 01:27:27,320
Speaker 2: come across the ditch as well.

1837
01:27:28,439 --> 01:27:31,000
Speaker 25: There's quite a number of people that when they come

1838
01:27:31,000 --> 01:27:33,800
Speaker 25: to New Zealand they do dual destination. They do Australia

1839
01:27:33,840 --> 01:27:36,080
Speaker 25: and New Zealand. So there is potential for.

1840
01:27:36,080 --> 01:27:41,080
Speaker 26: Us as a thief safety safer nation that we could

1841
01:27:41,120 --> 01:27:43,640
Speaker 26: get mono so we could get direct into a New

1842
01:27:43,720 --> 01:27:46,000
Speaker 26: Zealand or we might pick up some dull with Australia

1843
01:27:46,040 --> 01:27:46,639
Speaker 26: and New Zealand.

1844
01:27:46,680 --> 01:27:48,880
Speaker 2: Yeah, very interesting. Hey, Linda, thank you. Was always appreciate it.

1845
01:27:48,920 --> 01:27:51,880
Speaker 2: Linda Ken, chief executive of the Tourism Expook Council. It's

1846
01:27:51,880 --> 01:27:52,800
Speaker 2: twenty away from seven.

1847
01:27:53,040 --> 01:27:54,880
Speaker 1: Heather Duplessy Allen Hea.

1848
01:27:54,920 --> 01:27:56,920
Speaker 2: That sounds like some good deals in Queenstown over the

1849
01:27:56,960 --> 01:27:59,960
Speaker 2: next few months. That's from Ben Hither here come the Karens.

1850
01:28:00,080 --> 01:28:01,960
Speaker 2: What about the beachhop? What about the multiple trips to

1851
01:28:02,000 --> 01:28:04,639
Speaker 2: the dairy? Blah blah andy fair for the Karen's, actually

1852
01:28:04,880 --> 01:28:07,080
Speaker 2: can be fair. The Karens came out the minute that

1853
01:28:07,160 --> 01:28:09,320
Speaker 2: we saw people with Jerry Chns down at the gas station.

1854
01:28:09,680 --> 01:28:11,920
Speaker 2: Then the Karens were Outn't they know we came up.

1855
01:28:12,000 --> 01:28:14,000
Speaker 2: You're sorry for people who are called Karen's. I apologize,

1856
01:28:14,000 --> 01:28:15,599
Speaker 2: but it's a shorthand for what we know what we're

1857
01:28:15,600 --> 01:28:18,400
Speaker 2: talking about here. But they started complaining immediately without having

1858
01:28:18,400 --> 01:28:20,000
Speaker 2: any idea of people's circumstances.

1859
01:28:20,320 --> 01:28:25,000
Speaker 27: Now, so I don't.

1860
01:28:25,880 --> 01:28:27,920
Speaker 2: I'm going to have to call Marris Williamson about this.

1861
01:28:28,040 --> 01:28:29,680
Speaker 2: Next time Morris is in the studio, We're going to

1862
01:28:29,720 --> 01:28:32,200
Speaker 2: have to talk to him about this because an Auckland

1863
01:28:32,320 --> 01:28:35,880
Speaker 2: counselor may have just done us a favor or he

1864
01:28:36,080 --> 01:28:38,680
Speaker 2: may just be barking up completely the wrong tree. So

1865
01:28:38,840 --> 01:28:42,759
Speaker 2: what's happened is if you've been following the debate about

1866
01:28:42,800 --> 01:28:45,880
Speaker 2: the density situation in Auckland and how the government's Chris

1867
01:28:45,960 --> 01:28:48,200
Speaker 2: Bishop has legislated for us to have one point two

1868
01:28:48,280 --> 01:28:50,200
Speaker 2: million houses in Auckland over the next thirty years and

1869
01:28:50,200 --> 01:28:53,000
Speaker 2: now it's one point sex blah blah blah. What if

1870
01:28:53,040 --> 01:28:55,000
Speaker 2: you've been following it a little bit more closely than that,

1871
01:28:55,160 --> 01:28:58,600
Speaker 2: you know that this is a very very very expensive

1872
01:28:58,640 --> 01:29:01,880
Speaker 2: thing for Auckland Council that they're dealing with because of

1873
01:29:01,960 --> 01:29:04,240
Speaker 2: the number of submissions, Because of course when you have

1874
01:29:04,280 --> 01:29:05,680
Speaker 2: a plan like this, you have to go out to

1875
01:29:05,720 --> 01:29:07,040
Speaker 2: the city, you have to go and what do you think?

1876
01:29:07,120 --> 01:29:09,840
Speaker 2: And then every body comes in with their opinion, don't

1877
01:29:09,840 --> 01:29:12,240
Speaker 2: they And they've all got to be analyzed and they've

1878
01:29:12,240 --> 01:29:13,519
Speaker 2: all got to be listened to. They've got to go

1879
01:29:13,640 --> 01:29:16,840
Speaker 2: through it. Go Oh, Johnny from Cockle Bay's got an idea. Oh,

1880
01:29:16,880 --> 01:29:18,559
Speaker 2: he says, well do you think we shouldn't. They got

1881
01:29:18,600 --> 01:29:21,240
Speaker 2: to write it all down and it's just shed loads

1882
01:29:21,280 --> 01:29:24,200
Speaker 2: of work. They have had to employ fifty five full

1883
01:29:24,280 --> 01:29:27,479
Speaker 2: time staff at Auckland Council just for this. It is

1884
01:29:27,600 --> 01:29:30,560
Speaker 2: costing them for four million dollars at the moment and

1885
01:29:30,640 --> 01:29:32,920
Speaker 2: they are only a third of the way through the

1886
01:29:32,960 --> 01:29:35,639
Speaker 2: submissions because we've had a record ten and a half

1887
01:29:35,760 --> 01:29:40,120
Speaker 2: thousand submissions. Ken Turner from the White Takis has come

1888
01:29:40,200 --> 01:29:44,760
Speaker 2: up with a plan. He hired a consultancy called Unisphere

1889
01:29:44,840 --> 01:29:49,000
Speaker 2: Solutions to basically use AI a large language model to

1890
01:29:49,080 --> 01:29:52,680
Speaker 2: crunch the data. He paid five thousand dollars to them

1891
01:29:53,160 --> 01:29:56,400
Speaker 2: and in one week they did what he claims they

1892
01:29:56,479 --> 01:29:59,280
Speaker 2: have done with Auckland Council has fifty five million people,

1893
01:29:59,439 --> 01:30:01,960
Speaker 2: fifty five staff at the cost of more than four

1894
01:30:02,000 --> 01:30:04,439
Speaker 2: million people doing right five thousand dollars, and in one week,

1895
01:30:04,800 --> 01:30:08,840
Speaker 2: he says, this is the result of it. Sixty five

1896
01:30:08,920 --> 01:30:13,760
Speaker 2: percent of submitters outright oppose the density plan, twenty nine

1897
01:30:13,800 --> 01:30:17,840
Speaker 2: percent want change, five point eight supporter it, So that's

1898
01:30:17,880 --> 01:30:21,120
Speaker 2: basically a slam dunk. Auckland hates the plan, so that

1899
01:30:21,200 --> 01:30:23,479
Speaker 2: will kill off Chris Bishop's plans of becoming the national

1900
01:30:23,520 --> 01:30:27,120
Speaker 2: Party leader. The most frequently raised issues are zoning impacts

1901
01:30:27,160 --> 01:30:30,519
Speaker 2: on specific areas. That's sixty three percent density perceived as

1902
01:30:30,560 --> 01:30:33,719
Speaker 2: too high. That's sixty percent, character and amenity that's fifty

1903
01:30:33,760 --> 01:30:37,759
Speaker 2: five percent, infrastructure capacity that's fifty four percent natural hazards

1904
01:30:37,800 --> 01:30:41,240
Speaker 2: that's forty six percent. Submissions were predominantly from individuals at

1905
01:30:41,280 --> 01:30:44,719
Speaker 2: seventy one percent, and from professional agents at twenty four percent,

1906
01:30:44,760 --> 01:30:47,040
Speaker 2: and then from organizations at five point one percent. The

1907
01:30:47,120 --> 01:30:50,080
Speaker 2: top ten suburbs represented by volume of submissions as in

1908
01:30:50,160 --> 01:30:54,880
Speaker 2: these are the complainers. Mount eden Herne Bay, Saint Mary's Bay,

1909
01:30:55,040 --> 01:30:58,680
Speaker 2: Mount Albert Remyware are par now epsom Cockle Bay, Freeman's Bay.

1910
01:30:58,800 --> 01:31:00,719
Speaker 2: Shame on you, you're such a time a little suburban

1911
01:31:00,800 --> 01:31:03,639
Speaker 2: yet you're winging and howick. Actually, I'm just taking the mickey.

1912
01:31:03,680 --> 01:31:05,519
Speaker 2: I love that people complain about it. If you're entitled

1913
01:31:05,560 --> 01:31:07,040
Speaker 2: to if you're a nimbi, you're only being in the

1914
01:31:07,120 --> 01:31:10,519
Speaker 2: meek as you actually have something to protect. Anyway, Now,

1915
01:31:10,720 --> 01:31:12,880
Speaker 2: we can't adjudicate this, can We don't. We don't know

1916
01:31:12,920 --> 01:31:15,160
Speaker 2: anything about counsel, so we don't know whether Ken Turner

1917
01:31:15,280 --> 01:31:18,200
Speaker 2: has just found a way to save enormous enormous amounts

1918
01:31:18,200 --> 01:31:20,920
Speaker 2: of cost and time by just running it through AI,

1919
01:31:21,360 --> 01:31:23,200
Speaker 2: or if he has completely missed the point. So when

1920
01:31:23,240 --> 01:31:25,280
Speaker 2: Morris is in the studio with us next, which will

1921
01:31:25,320 --> 01:31:29,160
Speaker 2: at some point be this week, won't it keV tomorrow tomorrow?

1922
01:31:30,240 --> 01:31:33,080
Speaker 2: Maybe he's trying to do sign language. Me troubles. Neither

1923
01:31:33,120 --> 01:31:35,120
Speaker 2: of us can do sign language, so I'm trying to

1924
01:31:35,200 --> 01:31:37,040
Speaker 2: interpret what he's saying. But when Morris is and we're

1925
01:31:37,040 --> 01:31:39,960
Speaker 2: gonna ask Morris if Ken is onto something, because because

1926
01:31:40,200 --> 01:31:42,240
Speaker 2: here's the next logical leap you have to take from

1927
01:31:42,280 --> 01:31:44,240
Speaker 2: what I've just said to you. If Ken is on

1928
01:31:44,360 --> 01:31:46,479
Speaker 2: to something, and we have just done the work of

1929
01:31:46,560 --> 01:31:49,240
Speaker 2: fifty five staff, which is going to cost us millions

1930
01:31:49,280 --> 01:31:51,519
Speaker 2: of dollars, maybe up to thirteen million, dollars if we've

1931
01:31:51,560 --> 01:31:54,320
Speaker 2: done that work, just five thousand dollars of the consultancy.

1932
01:31:54,960 --> 01:31:56,920
Speaker 2: This is how you save money in the public service,

1933
01:31:56,960 --> 01:31:59,280
Speaker 2: isn't it. You just fire a whole bunch of them

1934
01:31:59,360 --> 01:32:03,160
Speaker 2: and you start runching everything through AI. So that's for Morris.

1935
01:32:03,360 --> 01:32:04,720
Speaker 2: Sixteen away from seven.

1936
01:32:05,920 --> 01:32:09,679
Speaker 1: Everything from SMEs to the big corporates. The Business Hour

1937
01:32:09,920 --> 01:32:14,400
Speaker 1: with Heather Dupical and Mayre's Insurance and Investments, Your futures

1938
01:32:14,560 --> 01:32:16,360
Speaker 1: in good heads US talks.

1939
01:32:16,439 --> 01:32:18,519
Speaker 2: Y'd be well, we've got more of those drug numbers

1940
01:32:18,560 --> 01:32:20,839
Speaker 2: from the wastewater. I'll run you through that shortly thirteen

1941
01:32:20,880 --> 01:32:23,760
Speaker 2: away from seven and k Oliver, our UK correspondents with us.

1942
01:32:23,760 --> 01:32:26,000
Speaker 7: Hell, okay, hello Heather.

1943
01:32:26,280 --> 01:32:28,000
Speaker 2: Right, So there's a Cobra meeting today, is there?

1944
01:32:29,439 --> 01:32:30,120
Speaker 1: Absolutely?

1945
01:32:30,400 --> 01:32:32,960
Speaker 27: We have obviously a big round of talks going on

1946
01:32:33,040 --> 01:32:36,080
Speaker 27: in Downing Street at the time when UK borrowing costs

1947
01:32:36,160 --> 01:32:39,040
Speaker 27: hit their highest level since the two thousand and eight

1948
01:32:39,120 --> 01:32:42,960
Speaker 27: financial crash. The cost of energy is the big question

1949
01:32:43,120 --> 01:32:46,040
Speaker 27: here today, tied up with this Middle East conflict, and

1950
01:32:46,120 --> 01:32:48,960
Speaker 27: we've got the Governor of the Bank of England high

1951
01:32:49,040 --> 01:32:51,840
Speaker 27: level talks and they are going to have to come

1952
01:32:51,920 --> 01:32:56,360
Speaker 27: up with plans to stop prices soaring here completely out

1953
01:32:56,400 --> 01:33:01,479
Speaker 27: of control. We've seen four petrol price diesel price rises

1954
01:33:03,040 --> 01:33:05,000
Speaker 27: four in a week here here there, and it's just

1955
01:33:05,120 --> 01:33:09,120
Speaker 27: literally getting quite quite scary for general households who are

1956
01:33:09,120 --> 01:33:11,439
Speaker 27: coping with the cost of living here so high. On

1957
01:33:11,520 --> 01:33:15,240
Speaker 27: the agenda today, we're going to have people the government

1958
01:33:15,320 --> 01:33:20,519
Speaker 27: talking about petrol, diesel, household energy, food, mortgages, how they

1959
01:33:20,560 --> 01:33:23,840
Speaker 27: can stop the general rise that's going on here and

1960
01:33:23,960 --> 01:33:26,160
Speaker 27: really calm some of the fears that are coming forward

1961
01:33:26,439 --> 01:33:30,559
Speaker 27: from people as they've seen these tremendous rises as well

1962
01:33:30,600 --> 01:33:33,640
Speaker 27: as the conflict that's going on the Middle East. And

1963
01:33:33,720 --> 01:33:36,760
Speaker 27: also over the weekend we heard about the effect of

1964
01:33:37,360 --> 01:33:42,360
Speaker 27: perhaps is the Israeli claims that long range missiles could

1965
01:33:42,800 --> 01:33:46,200
Speaker 27: hit the capitals of Europe. So lots to talk about

1966
01:33:46,360 --> 01:33:48,400
Speaker 27: in Downing Street today at this Cobra meeting.

1967
01:33:49,520 --> 01:33:51,640
Speaker 2: Have you guys seen any of this panic buying that

1968
01:33:51,760 --> 01:33:53,360
Speaker 2: we've been seeing in parts of the country.

1969
01:33:54,640 --> 01:33:57,040
Speaker 27: Well, they're trying to stop that basically, they're saying we've

1970
01:33:57,040 --> 01:33:59,599
Speaker 27: got enough fuel here for the next two months. But yes,

1971
01:34:00,120 --> 01:34:03,280
Speaker 27: are being encouraged here. We haven't seen panic buying, not

1972
01:34:03,479 --> 01:34:05,800
Speaker 27: the cues that we've seen in previous years. But we

1973
01:34:05,960 --> 01:34:09,760
Speaker 27: have seen people keeping their kind of cars topped up,

1974
01:34:10,040 --> 01:34:12,760
Speaker 27: and I think it's a panic buying that they're keen

1975
01:34:13,160 --> 01:34:15,840
Speaker 27: to stop before it gets out of control. But with

1976
01:34:16,640 --> 01:34:19,320
Speaker 27: four lots of price rises in a week, I think

1977
01:34:19,320 --> 01:34:21,439
Speaker 27: it gives you some idea of what's going on here.

1978
01:34:21,920 --> 01:34:25,320
Speaker 2: How can you explain these attacks on the ambulance service.

1979
01:34:26,280 --> 01:34:29,599
Speaker 27: Well, it's happened just in the last couple of hours here.

1980
01:34:30,200 --> 01:34:34,719
Speaker 27: It's basically being viewed by police as an an anti

1981
01:34:34,840 --> 01:34:40,840
Speaker 27: Semitic attack. They've had four ambulances out of six operated

1982
01:34:41,000 --> 01:34:45,680
Speaker 27: by a private Jewish company in Golders Green, lots of

1983
01:34:46,040 --> 01:34:50,200
Speaker 27: very very big Jewish community there. They have been attacked,

1984
01:34:50,240 --> 01:34:55,080
Speaker 27: They've had they've been firebomb basically oxygen cylinders have exploded.

1985
01:34:55,520 --> 01:34:59,880
Speaker 27: People living in nearby communities. Evacuated Jewish community are saying

1986
01:35:00,000 --> 01:35:03,839
Speaker 27: it's an attack on their obviously on a private ambulance

1987
01:35:03,920 --> 01:35:07,479
Speaker 27: service that they run exclusively for their community. So these

1988
01:35:07,760 --> 01:35:11,799
Speaker 27: these ambulances have gone up, the CCTV of three suspects

1989
01:35:11,920 --> 01:35:15,000
Speaker 27: running away, and the Jewish community are now and faith

1990
01:35:15,080 --> 01:35:18,000
Speaker 27: leaders extremely concerned about what's going on here. They have

1991
01:35:18,160 --> 01:35:21,120
Speaker 27: of course been on high alert for many many years,

1992
01:35:21,240 --> 01:35:23,800
Speaker 27: but this is really the first time that this has

1993
01:35:23,880 --> 01:35:30,840
Speaker 27: actually happened in London and very very serious for the

1994
01:35:30,920 --> 01:35:31,760
Speaker 27: Jewish community.

1995
01:35:33,000 --> 01:35:36,320
Speaker 2: Yeah, I can imagine. Now do we know how Keir

1996
01:35:36,400 --> 01:35:38,719
Speaker 2: Starmer has taken the Saturday Night Live sketch.

1997
01:35:40,080 --> 01:35:43,200
Speaker 27: Well, there's been no comment yet, Heather, As you can imagine,

1998
01:35:43,280 --> 01:35:48,519
Speaker 27: it's the special relationship yet again in question if you've

1999
01:35:48,560 --> 01:35:51,439
Speaker 27: seen this Saturday Night Live sketch, I mean, I really

2000
01:35:51,920 --> 01:35:56,720
Speaker 27: it's mocking, Sirkeir Starmer. Donald Trump has reposted it. It's

2001
01:35:56,800 --> 01:36:00,559
Speaker 27: a sketch that basically is showing our Prime Minister too

2002
01:36:00,680 --> 01:36:03,880
Speaker 27: frightened to answer the phone to Donald Trump because he's

2003
01:36:03,920 --> 01:36:05,920
Speaker 27: scared to take a call about what's going on with

2004
01:36:06,000 --> 01:36:11,040
Speaker 27: Iran war. He's basically talking to his deputy David Lammy

2005
01:36:11,120 --> 01:36:14,120
Speaker 27: saying that what if Donald shouts at me, I'm too

2006
01:36:14,240 --> 01:36:17,639
Speaker 27: scared to take the call. But you know, I think

2007
01:36:17,720 --> 01:36:20,720
Speaker 27: it's it's not probably going to help the special relationship.

2008
01:36:20,840 --> 01:36:24,519
Speaker 27: But they're saying that, says Sir Keir Starmer, is perhaps

2009
01:36:24,720 --> 01:36:28,040
Speaker 27: he does take a stand against Donald Stump, but Donald Trump,

2010
01:36:28,120 --> 01:36:31,599
Speaker 27: I should say, But whether or forgive me, But whether

2011
01:36:31,760 --> 01:36:33,640
Speaker 27: or not this is being seen as any kind of

2012
01:36:34,680 --> 01:36:37,200
Speaker 27: strong stand is of course for everyone else to debate.

2013
01:36:37,360 --> 01:36:40,520
Speaker 2: Yeah too right, Donald Stumpkay, thank you very much appreciated,

2014
01:36:40,600 --> 01:36:46,600
Speaker 2: Kay Oliver UK correspondent. Try here we go. So apparently

2015
01:36:46,840 --> 01:36:51,120
Speaker 2: New Zealand you're loving the cocaine. This is according to

2016
01:36:51,160 --> 01:36:54,080
Speaker 2: the wastewater testing that the police officers have been doing.

2017
01:36:54,200 --> 01:36:56,599
Speaker 2: Now they do this data, they go through they measure

2018
01:36:56,640 --> 01:36:58,719
Speaker 2: what's going on with the toilet flushing and stuff. Because

2019
01:36:58,720 --> 01:37:00,800
Speaker 2: you can't hide it, you have to we we e

2020
01:37:00,840 --> 01:37:05,000
Speaker 2: it out. It shows New Zealand has experienced record breaking

2021
01:37:05,080 --> 01:37:08,960
Speaker 2: cocaine consumption, especially in the last quarter of last year.

2022
01:37:09,880 --> 01:37:14,560
Speaker 2: Every single week, an estimated average of nine point four kgs,

2023
01:37:15,200 --> 01:37:19,160
Speaker 2: which is a lot, nine point four kgs of cocaine

2024
01:37:19,280 --> 01:37:22,559
Speaker 2: was being consumed. That is ninety eight percent more than

2025
01:37:22,600 --> 01:37:27,439
Speaker 2: the average quantity consumed over the previous four quarters. All

2026
01:37:27,560 --> 01:37:30,000
Speaker 2: districts in the country were affected by this. All of

2027
01:37:30,040 --> 01:37:33,599
Speaker 2: them recorded higher than usual cocaine use over the four quarters.

2028
01:37:34,120 --> 01:37:40,640
Speaker 2: For the first time, it exceeded MDMA consumption. Now, if

2029
01:37:40,680 --> 01:37:43,000
Speaker 2: you've ever been young, you will know that the reason

2030
01:37:43,080 --> 01:37:45,240
Speaker 2: that cocaine never really took off in this country until

2031
01:37:45,280 --> 01:37:48,439
Speaker 2: now is because it's expensive. So explain to me how

2032
01:37:48,520 --> 01:37:51,960
Speaker 2: it is during a cost of living crisis that suddenly

2033
01:37:52,040 --> 01:37:55,559
Speaker 2: we're starting to use the very expensive white powder. Seven

2034
01:37:55,560 --> 01:37:57,680
Speaker 2: away from seven it's the.

2035
01:37:57,760 --> 01:38:02,360
Speaker 1: Heather Timplice Alan Drive Full Show podcast on iHeartRadio powered

2036
01:38:02,439 --> 01:38:03,360
Speaker 1: by Newstalk ZB.

2037
01:38:05,240 --> 01:38:07,040
Speaker 2: Heather, Right, I don't know if I should read this

2038
01:38:07,600 --> 01:38:09,320
Speaker 2: an It's always says if you if you don't think

2039
01:38:09,360 --> 01:38:12,000
Speaker 2: you should, think you shouldn't. But somebody who I shall

2040
01:38:12,040 --> 01:38:14,120
Speaker 2: not name, is just text through and said that they've

2041
01:38:14,200 --> 01:38:17,680
Speaker 2: just been at Symphony Symphony in the park. Well you're

2042
01:38:17,720 --> 01:38:19,920
Speaker 2: spelt at symphony, so I'm already wondering if you really

2043
01:38:19,960 --> 01:38:21,800
Speaker 2: were there, mate. But anyway, Synthhony at the park in

2044
01:38:21,880 --> 01:38:25,360
Speaker 2: the cocaine that was there was off the charts, So anyway,

2045
01:38:25,560 --> 01:38:27,840
Speaker 2: there you go. And by the way, you know my

2046
01:38:27,960 --> 01:38:30,479
Speaker 2: other favorite subject, well, cocaine is not my favorite subject.

2047
01:38:30,520 --> 01:38:33,160
Speaker 2: My actual favorite subject is aliens. And I'm very happy

2048
01:38:33,200 --> 01:38:35,640
Speaker 2: to tell you that a US government department has just

2049
01:38:35,800 --> 01:38:41,200
Speaker 2: registered two web domains, alien dot gov and aliens dot goov.

2050
01:38:41,560 --> 01:38:43,759
Speaker 2: So I don't know about you, but I am looking

2051
01:38:43,800 --> 01:38:44,880
Speaker 2: forward to the big reveal.

2052
01:38:45,600 --> 01:38:48,560
Speaker 9: And yeah, I was gonna say, hopefully it's not just

2053
01:38:48,760 --> 01:38:50,680
Speaker 9: like a new immigration website, because you know how you're

2054
01:38:50,720 --> 01:38:53,960
Speaker 9: like illegal alien if you, well, well, that's the thing.

2055
01:38:54,040 --> 01:38:57,080
Speaker 2: I mean, that's gone. That is like like that's gone

2056
01:38:57,120 --> 01:38:59,040
Speaker 2: from being really interesting to just sad.

2057
01:39:00,120 --> 01:39:02,200
Speaker 9: Person in the US Department of her Land Security is

2058
01:39:02,320 --> 01:39:04,519
Speaker 9: just like books the new website for then New and

2059
01:39:04,560 --> 01:39:06,000
Speaker 9: then they've just seen all these news stories and be

2060
01:39:06,160 --> 01:39:10,840
Speaker 9: like h no, okay, live like you were dying by

2061
01:39:11,160 --> 01:39:13,439
Speaker 9: Tim McGraw to play us out tonight. Tim McGraw is

2062
01:39:13,520 --> 01:39:15,960
Speaker 9: going into the Country Music Hall of Fame and her

2063
01:39:16,040 --> 01:39:18,120
Speaker 9: in the States. Very well done, Tim. He said that

2064
01:39:18,240 --> 01:39:20,080
Speaker 9: he cried when he found out. He said he was

2065
01:39:20,080 --> 01:39:21,760
Speaker 9: basically he was on like a conference call with the

2066
01:39:21,840 --> 01:39:24,439
Speaker 9: boss and he was just wandering through New York City

2067
01:39:24,479 --> 01:39:26,519
Speaker 9: with his AirPods and on the call, and then his

2068
01:39:26,600 --> 01:39:28,360
Speaker 9: bosses like, oh, hey, we've got someone else on the call,

2069
01:39:28,360 --> 01:39:30,320
Speaker 9: and he's like yeah, yeah, whatever, okay, And he didn't

2070
01:39:30,479 --> 01:39:32,679
Speaker 9: actually listen because you know, as you do, the boss

2071
01:39:32,680 --> 01:39:35,519
Speaker 9: has just brought someone on the call and you're like, anyway.

2072
01:39:35,520 --> 01:39:37,880
Speaker 9: It turns out it was the Country Music Association CEO

2073
01:39:38,280 --> 01:39:39,960
Speaker 9: and she was telling him, Hi, term, you're going to

2074
01:39:40,000 --> 01:39:41,400
Speaker 9: go in the Hall of Fame. So then later in

2075
01:39:41,439 --> 01:39:43,080
Speaker 9: the conversation he's like, oh, sorry, what did you say?

2076
01:39:43,439 --> 01:39:44,880
Speaker 9: And then she's like, no, no, you're going in the

2077
01:39:44,920 --> 01:39:46,560
Speaker 9: Hall of Fame to him, and then he suddenly just

2078
01:39:46,600 --> 01:39:48,800
Speaker 9: burst out crying and he said he's just lost it

2079
01:39:48,920 --> 01:39:50,720
Speaker 9: right on the street in New York. And I'm sure

2080
01:39:50,760 --> 01:39:52,759
Speaker 9: people were running all directions from me when that happens.

2081
01:39:52,840 --> 01:39:53,760
Speaker 9: That's kind of cute, isn't it.

2082
01:39:53,800 --> 01:39:54,280
Speaker 8: On your team?

2083
01:39:54,760 --> 01:39:56,400
Speaker 2: Good on him, I love that kind of stuff. Makes

2084
01:39:56,439 --> 01:39:58,000
Speaker 2: him a real place. And hey, what about this text.

2085
01:39:58,040 --> 01:40:00,160
Speaker 2: By the way, I forgot to read this earlier. I'm

2086
01:40:00,160 --> 01:40:02,519
Speaker 2: an ex cop. I hadn't heard that story that you

2087
01:40:02,680 --> 01:40:04,920
Speaker 2: just told about the gang patch. I was making dinner

2088
01:40:04,960 --> 01:40:07,600
Speaker 2: and I said to my wife, I bet that's Judge McNaughton.

2089
01:40:07,840 --> 01:40:12,280
Speaker 2: And guess what it was. Unfortunately, and I'm not being

2090
01:40:12,360 --> 01:40:14,400
Speaker 2: kind by saying, the poor guy has been this way

2091
01:40:14,439 --> 01:40:18,800
Speaker 2: inclined for years. I know we can't comment on the judiciary,

2092
01:40:18,880 --> 01:40:20,800
Speaker 2: but I really think it's time for a serious review.

2093
01:40:20,920 --> 01:40:21,120
Speaker 8: Mate.

2094
01:40:21,120 --> 01:40:23,200
Speaker 2: You can comment on the judiciary or not in cabinet,

2095
01:40:23,240 --> 01:40:24,600
Speaker 2: so you and I can go hard on it. And

2096
01:40:24,800 --> 01:40:26,880
Speaker 2: the fact that you knew it was old, mate, David

2097
01:40:27,240 --> 01:40:29,200
Speaker 2: I who made that call, says a lot. See you

2098
01:40:29,200 --> 01:40:29,559
Speaker 2: tomorrow

2099
01:40:43,640 --> 01:40:46,760
Speaker 1: For more from Heather Duplessy Allen Drive, Listen live to

2100
01:40:46,920 --> 01:40:49,960
Speaker 1: News Talk sai'd Be from four pm weekdays, or follow

2101
01:40:50,000 --> 01:40:51,720
Speaker 1: the podcast on iHeartRadio