1 00:00:01,480 --> 00:00:04,840 Speaker 1: The only drive show you can trust to ask the questions, 2 00:00:05,400 --> 00:00:09,480 Speaker 1: get the answers, find the fat and give the analysis. 3 00:00:09,800 --> 00:00:13,360 Speaker 1: Heather Duplicy Ellen Drive with One, New Zealand and the 4 00:00:13,400 --> 00:00:15,920 Speaker 1: Power of Satellite Mobile News Talks V. 5 00:00:18,200 --> 00:00:21,200 Speaker 2: Afternoon. Welcome to the show. Coming up today. Finance Minister 6 00:00:21,280 --> 00:00:25,000 Speaker 2: Nichola Willis on the GDP print. Greg Murphy on the 7 00:00:25,000 --> 00:00:27,280 Speaker 2: fact that we have self driving Tesla's now driving in 8 00:00:27,280 --> 00:00:29,440 Speaker 2: New Zealand, but apparently none of us know the rules. 9 00:00:29,720 --> 00:00:32,839 Speaker 2: And then or you know, the crime fighting outfit, We're 10 00:00:32,840 --> 00:00:34,280 Speaker 2: going to talk to them about the new trial to 11 00:00:34,320 --> 00:00:37,479 Speaker 2: test live rate facial recognition in supermarkets. 12 00:00:37,560 --> 00:00:39,040 Speaker 3: Heather Duplicy Allen. 13 00:00:38,960 --> 00:00:40,560 Speaker 2: Well, I think it's fair to say that the GDP 14 00:00:40,680 --> 00:00:42,680 Speaker 2: print has come in. It's something of a shock. The 15 00:00:42,760 --> 00:00:45,600 Speaker 2: Reserve Bank was picking a contraction of zero point three percent. 16 00:00:45,640 --> 00:00:48,360 Speaker 2: The consensus was a contraction of zero point four percent. 17 00:00:48,440 --> 00:00:51,240 Speaker 2: The worst case prediction from one of the banks was 18 00:00:51,240 --> 00:00:54,160 Speaker 2: a contraction of zero point five percent. It's come in 19 00:00:54,440 --> 00:00:56,960 Speaker 2: at a contraction of zero point nine percent, which is 20 00:00:57,000 --> 00:01:00,320 Speaker 2: basically twice as bad as most of us thought. Imdiate 21 00:01:00,320 --> 00:01:02,640 Speaker 2: problem that we have is what this is going to 22 00:01:02,680 --> 00:01:06,480 Speaker 2: do to confidence because people are already scared. That is 23 00:01:06,480 --> 00:01:08,440 Speaker 2: why it's taking this country so long to come out 24 00:01:08,440 --> 00:01:11,560 Speaker 2: of reception recession, because every single piece of bad news 25 00:01:11,600 --> 00:01:14,640 Speaker 2: like Trump's tariffs earlier this year, freaks us out all 26 00:01:14,640 --> 00:01:16,720 Speaker 2: over again, so we keep our wallets shut for longer. 27 00:01:16,760 --> 00:01:19,760 Speaker 2: There are people out there who absolutely can afford to 28 00:01:19,760 --> 00:01:22,440 Speaker 2: spend more money, they are choosing not to because they 29 00:01:22,480 --> 00:01:24,240 Speaker 2: do not know that they can trust that we're through 30 00:01:24,240 --> 00:01:26,480 Speaker 2: the worst of it. This is part of the reason, 31 00:01:26,520 --> 00:01:28,639 Speaker 2: if not one of the bigger reasons, why the Reserve 32 00:01:28,680 --> 00:01:31,680 Speaker 2: banks cuts to the ocr are not stimulating the economy 33 00:01:31,680 --> 00:01:34,360 Speaker 2: like the Bank thought that they should be. And this 34 00:01:34,480 --> 00:01:37,480 Speaker 2: number that we see today, I fear is going to 35 00:01:37,520 --> 00:01:39,240 Speaker 2: do this all over again. It's going to freak us 36 00:01:39,240 --> 00:01:41,800 Speaker 2: out all over again. And I think the reason we're 37 00:01:41,840 --> 00:01:43,360 Speaker 2: going to be freaked out all over again by this 38 00:01:43,480 --> 00:01:45,280 Speaker 2: is that we think that the people who are in charge, 39 00:01:45,400 --> 00:01:48,360 Speaker 2: mainly the Reserve Bank but also the government, who keep 40 00:01:48,360 --> 00:01:51,200 Speaker 2: telling us that the economy is definitely recovering, really have 41 00:01:51,280 --> 00:01:54,640 Speaker 2: no idea how bad this is now. I think it 42 00:01:54,720 --> 00:01:56,960 Speaker 2: is a little unfair to blame anyone but the Reserve 43 00:01:57,000 --> 00:02:00,000 Speaker 2: Bank right now, because they really deserve it. The verdict 44 00:02:00,160 --> 00:02:02,120 Speaker 2: in on this now, isn't it. They have well and 45 00:02:02,160 --> 00:02:05,200 Speaker 2: truly stuffed this up. They have no idea what is 46 00:02:05,240 --> 00:02:07,960 Speaker 2: going on in this economy. In July, which is only 47 00:02:08,000 --> 00:02:10,440 Speaker 2: one month after Q two ended, right, we've just gone 48 00:02:10,480 --> 00:02:13,920 Speaker 2: through this massive contraction. In the next month, they decided 49 00:02:13,919 --> 00:02:15,720 Speaker 2: they didn't need to cut the cash rate anymore. They 50 00:02:15,760 --> 00:02:18,560 Speaker 2: held the cash rate that now should blow your mind. 51 00:02:19,120 --> 00:02:22,000 Speaker 2: Just a month ago they released their monetary policy statement 52 00:02:22,040 --> 00:02:25,480 Speaker 2: forecasting the contraction at only zero point three percent. They 53 00:02:25,520 --> 00:02:28,360 Speaker 2: got it wrong by a factor of three. Now what 54 00:02:28,480 --> 00:02:30,920 Speaker 2: them getting it so badly wrong now means is that 55 00:02:30,960 --> 00:02:33,960 Speaker 2: the pressure is on them to fix this, and fix 56 00:02:34,040 --> 00:02:37,440 Speaker 2: this fast and do a double cut in October really 57 00:02:37,480 --> 00:02:41,080 Speaker 2: more to restore confidence than anything, because confidence is what 58 00:02:41,160 --> 00:02:42,880 Speaker 2: we are very much lacking at the moment. 59 00:02:43,440 --> 00:02:48,240 Speaker 1: Either duplicy Ellen, we were driving driving in your car? 60 00:02:48,639 --> 00:02:50,400 Speaker 2: Nine two nine and two is the text number standard 61 00:02:50,400 --> 00:02:52,400 Speaker 2: text fe supply as I say, Nikola Willis is with 62 00:02:52,480 --> 00:02:54,480 Speaker 2: us up the five o'clock. Now we have a new 63 00:02:54,480 --> 00:02:56,560 Speaker 2: report that shed some light on what we all think 64 00:02:56,560 --> 00:02:59,919 Speaker 2: about gender equality. Nearly half of us think that equality 65 00:03:00,040 --> 00:03:03,320 Speaker 2: has already been achieved. Seventeen percent of New Zealanders think 66 00:03:03,320 --> 00:03:05,400 Speaker 2: that if someone is raped when they're drunk, they're at 67 00:03:05,480 --> 00:03:08,760 Speaker 2: least partly responsible for it, and a rising number think 68 00:03:08,760 --> 00:03:11,280 Speaker 2: that it's understandable for a man to hit out when 69 00:03:11,280 --> 00:03:13,959 Speaker 2: his partner tries to leave. President of the National Council 70 00:03:14,000 --> 00:03:18,320 Speaker 2: of Women, doctor Suzanne Manning, is behind the study. High Suzann, Hello, 71 00:03:19,000 --> 00:03:21,679 Speaker 2: So one in three young men think equality has gone 72 00:03:21,720 --> 00:03:24,519 Speaker 2: too far and forty percent of us no longer see 73 00:03:24,560 --> 00:03:27,600 Speaker 2: sexism as a significant issue. What are reckon's going on here? 74 00:03:29,600 --> 00:03:35,120 Speaker 4: I'm reckoning that people have become complacent. We have had 75 00:03:35,120 --> 00:03:37,960 Speaker 4: some wins in the past few years, and there are 76 00:03:38,000 --> 00:03:41,880 Speaker 4: a lot of people who have gone, Yep, that's enough, 77 00:03:42,480 --> 00:03:43,120 Speaker 4: We've done it. 78 00:03:43,240 --> 00:03:43,680 Speaker 5: We're there. 79 00:03:44,280 --> 00:03:49,360 Speaker 4: So that's the general thing that where people think that 80 00:03:49,400 --> 00:03:53,040 Speaker 4: we're already there, But there is a group of people 81 00:03:53,160 --> 00:03:58,400 Speaker 4: who have got these hard ideas about it's going too 82 00:03:58,480 --> 00:04:00,920 Speaker 4: far in the other direction. Where is that coming from? 83 00:04:01,040 --> 00:04:05,840 Speaker 4: It is it's hard to know young men. For example, 84 00:04:06,360 --> 00:04:09,920 Speaker 4: young people in general, they tend to have some sixed 85 00:04:09,960 --> 00:04:12,440 Speaker 4: ideas by the time they get to twenty based on 86 00:04:12,480 --> 00:04:16,920 Speaker 4: their upbringing. So here's my question, what's their upbringing being 87 00:04:17,080 --> 00:04:22,080 Speaker 4: like that they don't that they see gender equality as 88 00:04:22,120 --> 00:04:23,760 Speaker 4: being a negative thing. 89 00:04:24,279 --> 00:04:26,880 Speaker 2: Is it, or that it's going to be that they 90 00:04:26,960 --> 00:04:29,440 Speaker 2: see that there are jobs that are ear marked only 91 00:04:29,520 --> 00:04:33,599 Speaker 2: for women, and for example, we have you know, we 92 00:04:33,680 --> 00:04:36,280 Speaker 2: have this, we make a decision that we've got to 93 00:04:36,320 --> 00:04:39,520 Speaker 2: have fifty percent of public service boards be women. And 94 00:04:39,600 --> 00:04:42,840 Speaker 2: so I mean, obviously there will be some men who 95 00:04:42,920 --> 00:04:44,719 Speaker 2: are qualified who will lose out to women who are 96 00:04:44,800 --> 00:04:46,760 Speaker 2: less qualified in the drive in order to get women 97 00:04:47,360 --> 00:04:49,960 Speaker 2: on that board. Is that possibly what they what they 98 00:04:49,960 --> 00:04:51,680 Speaker 2: are referring to when they say it goes too far. 99 00:04:52,640 --> 00:04:54,640 Speaker 2: But basically the dei aspect of it. 100 00:04:56,560 --> 00:05:01,599 Speaker 4: People often to think that of and think that a 101 00:05:01,720 --> 00:05:07,760 Speaker 4: rebalancing is a bad thing. So from a gender equality 102 00:05:07,760 --> 00:05:10,120 Speaker 4: point of view, the reason that some of those things 103 00:05:10,200 --> 00:05:12,839 Speaker 4: get put in is because it's not fair at the moment. 104 00:05:13,160 --> 00:05:18,599 Speaker 4: But it's not fair for women generally. So what men 105 00:05:18,800 --> 00:05:23,120 Speaker 4: see is being comfortable with the status quo and all 106 00:05:23,200 --> 00:05:25,640 Speaker 4: these rules that are put in to take their privileges 107 00:05:25,680 --> 00:05:28,880 Speaker 4: away from them. So people don't like that sort of change. 108 00:05:28,880 --> 00:05:32,400 Speaker 4: People don't like things being taken away from them, even 109 00:05:33,279 --> 00:05:37,080 Speaker 4: if they are advantages. But often that they don't realize 110 00:05:37,160 --> 00:05:39,919 Speaker 4: their unfair advantages. They just want to keep on. What 111 00:05:40,200 --> 00:05:42,640 Speaker 4: I mean, we will do don't. We will want to 112 00:05:42,720 --> 00:05:46,479 Speaker 4: keep what we've got, but the people without want a 113 00:05:46,480 --> 00:05:48,239 Speaker 4: bit of the biggest slice of the pie. 114 00:05:49,640 --> 00:05:51,720 Speaker 2: Then we've got the stuff about rape. Seventeen percent of 115 00:05:51,800 --> 00:05:53,719 Speaker 2: key we think that if someone is raped when they're drunk, 116 00:05:53,760 --> 00:05:55,919 Speaker 2: there at least partly responsible for it. Eleven percent of 117 00:05:55,920 --> 00:05:58,039 Speaker 2: people think that if someone doesn't physically fight back, you 118 00:05:58,080 --> 00:05:59,960 Speaker 2: can't call it rape. How do you explain that? 119 00:06:02,440 --> 00:06:06,400 Speaker 4: They are entrenched attitudes that are hangover from the past, 120 00:06:06,839 --> 00:06:10,440 Speaker 4: But they are entrenched because there's a small core that 121 00:06:10,560 --> 00:06:13,760 Speaker 4: still believes that, And I'm not sure how are we 122 00:06:13,839 --> 00:06:17,840 Speaker 4: going to shift that, because while there's a group that 123 00:06:18,120 --> 00:06:20,800 Speaker 4: condone that sort of behavior, we are not going to 124 00:06:20,800 --> 00:06:23,720 Speaker 4: turn around our stats. We're not going to decrease the 125 00:06:23,800 --> 00:06:26,520 Speaker 4: appalling amount of sexual violence that we have. 126 00:06:27,120 --> 00:06:30,080 Speaker 2: And then a rising number of people reckon it's understandable 127 00:06:30,080 --> 00:06:32,640 Speaker 2: for a man to hit out when his partner tries 128 00:06:32,680 --> 00:06:35,000 Speaker 2: to leave. Now I was confused by what you mean 129 00:06:35,040 --> 00:06:35,680 Speaker 2: by hit out. 130 00:06:37,200 --> 00:06:40,000 Speaker 4: Yeah, a lot of people are, and we are interested 131 00:06:40,040 --> 00:06:43,200 Speaker 4: in digging deeper into how people are answering that question. 132 00:06:43,880 --> 00:06:48,160 Speaker 4: The original intention was basically hit out in a physical 133 00:06:48,240 --> 00:06:52,800 Speaker 4: violence sense, but we acknowledge that some people would look 134 00:06:52,800 --> 00:06:56,880 Speaker 4: at that as hit out and they verbal or other sense. 135 00:06:57,400 --> 00:07:00,640 Speaker 4: But having said that, we actually think that that just 136 00:07:00,720 --> 00:07:05,320 Speaker 4: as bad. It's still abuse, it's still violence. What people 137 00:07:05,440 --> 00:07:10,440 Speaker 4: mean by understandable not sure. Again, we'd like to look 138 00:07:10,480 --> 00:07:13,080 Speaker 4: more of it, but the basic gist of that one 139 00:07:13,200 --> 00:07:16,600 Speaker 4: is there are people condoning violence. However you look at it, 140 00:07:16,640 --> 00:07:18,200 Speaker 4: people are condoning violence. 141 00:07:18,360 --> 00:07:19,720 Speaker 2: Well well, I mean, Susan, can I give you an 142 00:07:19,720 --> 00:07:21,800 Speaker 2: alternative perspective? Because I looked at it and I just 143 00:07:21,840 --> 00:07:24,160 Speaker 2: read it as a man is you know, it is 144 00:07:24,240 --> 00:07:26,600 Speaker 2: understandable a man's going to pack a giant tantrum when 145 00:07:26,600 --> 00:07:28,560 Speaker 2: his partner tries to leave it. And I would have 146 00:07:28,600 --> 00:07:32,760 Speaker 2: thought that that's just reality, isn't it. 147 00:07:33,520 --> 00:07:37,440 Speaker 4: Hit out, I think is actually a phrase that has 148 00:07:37,560 --> 00:07:41,680 Speaker 4: aimed at someone. So you know, one can sit there 149 00:07:41,680 --> 00:07:45,360 Speaker 4: and throw wobbly yeah, but when you're actually hitting out 150 00:07:45,520 --> 00:07:50,560 Speaker 4: at somebody, that person becomes a target. That becomes abuse. 151 00:07:50,960 --> 00:07:53,720 Speaker 2: Yeah, Suzan, thank you, that's really interesting. I appreciate you 152 00:07:53,760 --> 00:07:56,280 Speaker 2: running us through all of that, Doctor Suzanne Manning, who 153 00:07:56,320 --> 00:08:01,560 Speaker 2: is the President of the National Council of Women. Bossy's 154 00:08:01,640 --> 00:08:06,280 Speaker 2: valedictory speech is today the quarter to six. I'm here 155 00:08:06,320 --> 00:08:08,960 Speaker 2: for it, not only because I'm very happy to see 156 00:08:09,000 --> 00:08:11,480 Speaker 2: the back of Bossy as an out you go, thanks 157 00:08:11,560 --> 00:08:15,000 Speaker 2: very much, but also cannot wait to hear how they 158 00:08:15,040 --> 00:08:17,360 Speaker 2: make this all about everybody else being a faulty. You 159 00:08:17,400 --> 00:08:19,280 Speaker 2: cannot wait to hear how they're going to moan about 160 00:08:19,280 --> 00:08:21,120 Speaker 2: the way that they have been treated and none of 161 00:08:21,120 --> 00:08:23,760 Speaker 2: this was their faults. So we will obviously be bringing 162 00:08:23,760 --> 00:08:25,800 Speaker 2: it to you as it unfolds. Quarter past four. 163 00:08:27,040 --> 00:08:30,320 Speaker 1: It's the Heather to Bussy Alan Drive Full Show podcast 164 00:08:30,440 --> 00:08:32,920 Speaker 1: on iHeartRadio powered by News Talks. 165 00:08:34,679 --> 00:08:36,720 Speaker 2: Goodness me, we were talking what were we talking about? 166 00:08:36,760 --> 00:08:38,959 Speaker 2: We're talking about cake, and we completely forgot that. 167 00:08:38,880 --> 00:08:41,400 Speaker 6: The ads why not cake is very important? 168 00:08:41,600 --> 00:08:43,520 Speaker 2: The sloppy cake, which is I'm not sure which one 169 00:08:43,559 --> 00:08:45,320 Speaker 2: was the sloppy cake that you were talking about. 170 00:08:45,360 --> 00:08:48,520 Speaker 6: The more no not the small Roald It was very precise. 171 00:08:48,600 --> 00:08:49,079 Speaker 7: It was neat. 172 00:08:49,120 --> 00:08:53,760 Speaker 6: That was a tidy cake. The other cake square, disheveled. 173 00:08:53,800 --> 00:08:55,080 Speaker 6: That looked a bit more freeze. 174 00:08:55,120 --> 00:08:57,480 Speaker 2: That was the German baked. That the German baked that 175 00:08:57,600 --> 00:08:59,240 Speaker 2: the German is a fantastic bake. 176 00:08:59,600 --> 00:09:01,200 Speaker 6: Wow, was fantastic. 177 00:09:01,360 --> 00:09:01,800 Speaker 2: It was a. 178 00:09:03,920 --> 00:09:07,200 Speaker 6: Well, no, no k It looked like kind of my haircut. 179 00:09:07,240 --> 00:09:07,839 Speaker 6: It was a bit more. 180 00:09:08,200 --> 00:09:10,920 Speaker 2: By the way, is Darcy Watergrave sports talking and it's 181 00:09:11,000 --> 00:09:13,600 Speaker 2: nineteen past For what it was was it was a 182 00:09:13,640 --> 00:09:18,920 Speaker 2: coconut and pineapple cake made according to the Ripe Recipe book. 183 00:09:19,120 --> 00:09:22,480 Speaker 2: Ripe does a fantastic recipe. Everything they do is amazing. 184 00:09:23,000 --> 00:09:25,040 Speaker 2: And I only had half of it and then I 185 00:09:25,080 --> 00:09:27,040 Speaker 2: got such a strong sugar buzz that I felt like 186 00:09:27,160 --> 00:09:29,120 Speaker 2: vomiting and I had to stop eating it. 187 00:09:29,320 --> 00:09:30,760 Speaker 6: That's a powerful mental image. 188 00:09:30,760 --> 00:09:32,400 Speaker 2: Thanks for that anyway, So thank you for the cake. 189 00:09:33,400 --> 00:09:35,360 Speaker 2: So Crusaders. Why are the fans angry? 190 00:09:35,920 --> 00:09:38,040 Speaker 6: Some of the fans are angry because they've released the 191 00:09:38,080 --> 00:09:41,880 Speaker 6: tickets the memberships for next season and they've gone up considerably, 192 00:09:42,520 --> 00:09:44,200 Speaker 6: in some cases up to forty percent. 193 00:09:44,440 --> 00:09:46,440 Speaker 2: Wow, is just because of the fancy new building. 194 00:09:46,720 --> 00:09:49,400 Speaker 6: I wonder if it is. I'd say it is, even 195 00:09:49,440 --> 00:09:51,480 Speaker 6: though three of the games aren't at the fancy new building, 196 00:09:51,559 --> 00:09:53,600 Speaker 6: and four of the games are at the fancy new building. 197 00:09:53,720 --> 00:09:55,680 Speaker 6: Kind of staffed in the middle of that is of 198 00:09:55,720 --> 00:09:58,920 Speaker 6: course the Super Weekend, the wonderful week of the Magic Round. 199 00:10:00,000 --> 00:10:05,000 Speaker 6: At least the prices and in essence there, Yeah, they're 200 00:10:05,240 --> 00:10:08,480 Speaker 6: slightly loft here, but there's also a number of slightly 201 00:10:08,880 --> 00:10:11,720 Speaker 6: cheaper memberships involved as well. I think what you find 202 00:10:11,720 --> 00:10:15,640 Speaker 6: in situations like this is that when people complain, they 203 00:10:15,679 --> 00:10:18,680 Speaker 6: make the most noise, soeveryone listens to them. When people 204 00:10:18,679 --> 00:10:20,560 Speaker 6: are happy, they don't really say a great deal and 205 00:10:20,640 --> 00:10:23,480 Speaker 6: just get on with it. But my opinion on this, 206 00:10:23,600 --> 00:10:26,720 Speaker 6: and we'll talk with Connor Mansbrid's CEO up after seven 207 00:10:26,720 --> 00:10:30,559 Speaker 6: o'clock on Sports Talk Beers, is what do you expect? 208 00:10:30,960 --> 00:10:34,560 Speaker 6: It's different from the lean to in Sydnym that was awful. 209 00:10:34,840 --> 00:10:39,199 Speaker 6: This is brand new and I'm sorry, well I'm not sorry. 210 00:10:39,440 --> 00:10:43,320 Speaker 6: The Crusaders are a business. They're not a charity. They're 211 00:10:43,360 --> 00:10:46,040 Speaker 6: not there to make sure you could go and see 212 00:10:46,040 --> 00:10:47,319 Speaker 6: your favorite team. 213 00:10:48,640 --> 00:10:50,680 Speaker 2: There's a line to walk here, isn't there? Which is 214 00:10:50,679 --> 00:10:53,480 Speaker 2: that yes, absolutely, Super Rugby is struggling to wash its 215 00:10:53,520 --> 00:10:56,000 Speaker 2: own face, so it needs to charge decent amount of money. 216 00:10:56,559 --> 00:11:00,120 Speaker 2: But also people can stay home like you like to 217 00:11:00,240 --> 00:11:02,079 Speaker 2: and crack open a beer from the friend you know 218 00:11:02,240 --> 00:11:04,679 Speaker 2: is your favorite beer that is cold, sit on your 219 00:11:04,679 --> 00:11:06,480 Speaker 2: comfy couch in your warmhouse. 220 00:11:06,520 --> 00:11:06,920 Speaker 8: There you go. 221 00:11:07,040 --> 00:11:11,319 Speaker 6: So there's that experience of this new Takaha is fantastic 222 00:11:11,360 --> 00:11:14,680 Speaker 6: and what eighteen thousand people they're looking for every week 223 00:11:14,720 --> 00:11:17,959 Speaker 6: and maybe if they can get six seven thousand members 224 00:11:18,000 --> 00:11:20,520 Speaker 6: that are willing to pay that money, knock yourself out, 225 00:11:20,520 --> 00:11:24,160 Speaker 6: and I think Christ Hitch, they probably will. But you 226 00:11:24,200 --> 00:11:25,920 Speaker 6: can make a noise because I'm a hold on. This 227 00:11:26,040 --> 00:11:28,320 Speaker 6: is my money, this is my hardowned and I'm not 228 00:11:28,400 --> 00:11:31,040 Speaker 6: giving it to you unless you give me something in return, 229 00:11:31,760 --> 00:11:34,840 Speaker 6: it says raten bit responsibly. Because it's that time of 230 00:11:34,880 --> 00:11:37,400 Speaker 6: the week again. You know, I've got this ponchanp for 231 00:11:37,559 --> 00:11:41,400 Speaker 6: chucking money at all sorts of multis because I really 232 00:11:41,480 --> 00:11:41,960 Speaker 6: enjoy them. 233 00:11:42,040 --> 00:11:44,800 Speaker 2: Put any money on the spring box. No do you 234 00:11:44,840 --> 00:11:45,559 Speaker 2: regret that now? 235 00:11:46,040 --> 00:11:46,240 Speaker 9: No? 236 00:11:46,480 --> 00:11:49,120 Speaker 6: Okay, no, no, no, no, no no. What I do 237 00:11:49,240 --> 00:11:51,280 Speaker 6: is I do it every few weeks and I go, oh, 238 00:11:51,280 --> 00:11:53,719 Speaker 6: it was great, I want it, And then I get 239 00:11:53,720 --> 00:11:58,400 Speaker 6: all emboldened again and I go back. This time around. 240 00:11:58,960 --> 00:12:04,040 Speaker 6: I'm playing multi games again, and I'm putting money across 241 00:12:04,040 --> 00:12:08,200 Speaker 6: a number of games. The Bulldogs via the Panthers one 242 00:12:08,200 --> 00:12:09,880 Speaker 6: point thirty for the Panthers to win. I want to 243 00:12:09,920 --> 00:12:13,800 Speaker 6: see that happen after what happened to the Warriors. And 244 00:12:13,800 --> 00:12:16,040 Speaker 6: then a lot of low odds, a lot of favorites 245 00:12:16,160 --> 00:12:18,000 Speaker 6: right the way through the NPC and I've got a 246 00:12:18,080 --> 00:12:22,400 Speaker 6: tendency to do that, although I've been convinced to run 247 00:12:22,440 --> 00:12:27,520 Speaker 6: with a non favorite bay of plenty in sorry Hawk's Bay. 248 00:12:27,600 --> 00:12:30,320 Speaker 6: But that's because of my producer. And also attaching that 249 00:12:30,400 --> 00:12:32,480 Speaker 6: to the New Zealand women who are paying a dollar 250 00:12:32,600 --> 00:12:35,800 Speaker 6: sixty two to win and a dollar four for the 251 00:12:35,800 --> 00:12:38,000 Speaker 6: English Woman of the World Cup. Now that all comes 252 00:12:38,000 --> 00:12:40,160 Speaker 6: to like a payout of our two hundred and forty 253 00:12:40,200 --> 00:12:42,040 Speaker 6: old bucks. Put twenty bucks on it, but one if 254 00:12:42,040 --> 00:12:45,400 Speaker 6: you want to do individual. Yeah, I'm hoping. It's my 255 00:12:45,559 --> 00:12:48,280 Speaker 6: daughter's birthday this weekend. I need to pay for it somehow. 256 00:12:48,559 --> 00:12:51,199 Speaker 6: Don't bet out of desperation. Only bet what you can 257 00:12:51,240 --> 00:12:54,240 Speaker 6: afford to lose. I can't bet responsibly. The New Zealand 258 00:12:54,240 --> 00:12:56,520 Speaker 6: women are paying a dollar sixty two to win, and 259 00:12:56,559 --> 00:12:59,480 Speaker 6: I think that represents good money. Too many people are 260 00:12:59,480 --> 00:13:02,480 Speaker 6: nervous about No Georgia two. People are freaking out about 261 00:13:02,600 --> 00:13:04,720 Speaker 6: that the Canada managed to beat us and draw us 262 00:13:04,720 --> 00:13:08,040 Speaker 6: of recent times. Those people aren't watching what I'm seeing 263 00:13:08,120 --> 00:13:08,960 Speaker 6: with the black ferns. 264 00:13:09,040 --> 00:13:10,240 Speaker 2: He reckons the black funds all the way. 265 00:13:10,360 --> 00:13:10,640 Speaker 3: Love it. 266 00:13:10,720 --> 00:13:13,040 Speaker 2: Thank you, Darcy. All right, Darcy Watergrave's sports talk hoast. 267 00:13:13,040 --> 00:13:16,959 Speaker 2: He'll be back at seven's four twenty three sport with. 268 00:13:17,000 --> 00:13:20,160 Speaker 1: The tab app, download and get your bet on R 269 00:13:20,200 --> 00:13:24,079 Speaker 1: eighteen bit responsibly on your smart speaker, on. 270 00:13:24,040 --> 00:13:26,520 Speaker 3: The iHeart app and in your car on your drive home. 271 00:13:26,720 --> 00:13:29,680 Speaker 1: It's Heather Dup to c Ellen Drive with one New 272 00:13:29,760 --> 00:13:33,160 Speaker 1: Zealand had the power of satellite mobile news talks the'd be. 273 00:13:33,600 --> 00:13:36,400 Speaker 2: Right four twenty five. Look. By now you've probably caught 274 00:13:36,480 --> 00:13:38,520 Speaker 2: up on the news that Jimmy Kimmel's show has been 275 00:13:38,559 --> 00:13:40,599 Speaker 2: canceled because of the comments that he made about the 276 00:13:40,679 --> 00:13:41,720 Speaker 2: Charlie kirkkiller. 277 00:13:42,280 --> 00:13:44,679 Speaker 10: We had some new lows over the weekend with the 278 00:13:44,760 --> 00:13:48,559 Speaker 10: Maga gang desperately trying to characterize this kid who murdered 279 00:13:48,640 --> 00:13:51,040 Speaker 10: Charlie Kirk as anything other than one of them, and 280 00:13:51,400 --> 00:13:54,440 Speaker 10: everything they can to score political points from it. 281 00:13:54,800 --> 00:13:57,480 Speaker 2: He then mentions, he kind of points out that Donald 282 00:13:57,480 --> 00:13:59,680 Speaker 2: Trump doesn't seem that upset about it, right. He throws 283 00:13:59,760 --> 00:14:03,000 Speaker 2: to a clip like he basically brings up a clip 284 00:14:03,000 --> 00:14:05,439 Speaker 2: of Donald Trump where a reporter asks the President how 285 00:14:05,480 --> 00:14:07,600 Speaker 2: he's faring after the death of his friend. 286 00:14:07,800 --> 00:14:08,600 Speaker 11: Be very good. 287 00:14:08,600 --> 00:14:10,520 Speaker 1: And by the way, right there, you see all the 288 00:14:10,559 --> 00:14:14,199 Speaker 1: trucks they just started construction of the new borrel for the. 289 00:14:14,120 --> 00:14:16,920 Speaker 6: White House, which is something they've been trying. 290 00:14:16,720 --> 00:14:19,040 Speaker 12: Together, as you know, for about one hundred and fifty years, 291 00:14:19,600 --> 00:14:20,240 Speaker 12: and it's going. 292 00:14:20,160 --> 00:14:20,800 Speaker 5: To be a beauty. 293 00:14:21,600 --> 00:14:23,440 Speaker 3: Yes, he's at. 294 00:14:23,280 --> 00:14:28,280 Speaker 10: The fourth stage of grief, construction, the demolition. 295 00:14:29,600 --> 00:14:30,280 Speaker 3: In Susan. 296 00:14:31,960 --> 00:14:34,000 Speaker 10: This is not how an adult grieves the murder of 297 00:14:34,040 --> 00:14:35,200 Speaker 10: somebody called a friend. 298 00:14:35,320 --> 00:14:36,520 Speaker 2: And then he goes on to say, this is how 299 00:14:36,560 --> 00:14:40,480 Speaker 2: a four year old mourns a goldfish. Now bad taste, 300 00:14:40,720 --> 00:14:43,760 Speaker 2: bad taste, but not a sackable offense. Is it? Is 301 00:14:43,760 --> 00:14:45,720 Speaker 2: it a sackable offense? I mean there are people who've 302 00:14:45,720 --> 00:14:47,520 Speaker 2: said far worse than that. Let me know what you think. 303 00:14:47,520 --> 00:14:49,120 Speaker 2: We'll talk about it later in the show. Nine two 304 00:14:49,200 --> 00:14:51,680 Speaker 2: ninety two is the text number here the what's the 305 00:14:51,760 --> 00:14:55,120 Speaker 2: update on the Tom Phillipson junction? That's from MJ. The 306 00:14:55,120 --> 00:14:57,920 Speaker 2: injunction remains in place. It was heard today in court again. 307 00:14:58,560 --> 00:15:01,160 Speaker 2: The injunction remains in place basically until the High Court 308 00:15:01,200 --> 00:15:03,720 Speaker 2: decides otherwise. It's going to be discussed again in the 309 00:15:03,800 --> 00:15:09,560 Speaker 2: High Court in a month's time. Seventeen October. It's getting silly, 310 00:15:09,840 --> 00:15:11,520 Speaker 2: isn't it. I mean it is getting silly because all 311 00:15:11,560 --> 00:15:15,200 Speaker 2: this is doing is it's preventing the media from talking 312 00:15:15,200 --> 00:15:18,440 Speaker 2: about the thing that probably everybody else is talking about, 313 00:15:18,520 --> 00:15:21,760 Speaker 2: judging by social media. Anyway, there you go. That's the update. 314 00:15:21,760 --> 00:15:31,480 Speaker 2: News is next. 315 00:15:30,520 --> 00:15:32,640 Speaker 3: Cutting through the noise to get the facts. 316 00:15:32,800 --> 00:15:35,760 Speaker 1: It's Heather do the c Ellen Drive with one New 317 00:15:35,840 --> 00:15:38,840 Speaker 1: Zealand coverage like no one else news talks. 318 00:15:38,840 --> 00:15:39,240 Speaker 3: They'd be. 319 00:15:43,400 --> 00:15:47,160 Speaker 2: Coming my Barry, SOAPA is going to be with us 320 00:15:47,200 --> 00:15:50,840 Speaker 2: in ten minutes time. In Oli Peterson's standing by, we 321 00:15:50,880 --> 00:15:54,320 Speaker 2: have at least two of our major retail banks now 322 00:15:54,360 --> 00:15:57,640 Speaker 2: calling for a double cut next month. In the oc our, 323 00:15:57,680 --> 00:15:59,400 Speaker 2: Westpac was as far as I could see, the first 324 00:15:59,400 --> 00:16:02,440 Speaker 2: out of the block saying we're advocating for a fifty 325 00:16:02,480 --> 00:16:05,200 Speaker 2: basis point move in October. Get it done, get it 326 00:16:05,240 --> 00:16:07,800 Speaker 2: to two point five percent asap. No more time for 327 00:16:07,880 --> 00:16:10,800 Speaker 2: mucking around. It's time for leadership out of the Reserve Bank, 328 00:16:10,800 --> 00:16:13,160 Speaker 2: which is pretty strong. ASB has put out a note 329 00:16:13,240 --> 00:16:16,120 Speaker 2: just in the last I want to say our hour 330 00:16:16,160 --> 00:16:18,400 Speaker 2: and a half or so, we are now calling a 331 00:16:18,480 --> 00:16:20,920 Speaker 2: fifty basis point cut in October with a twenty five 332 00:16:21,040 --> 00:16:24,240 Speaker 2: basis point cut in November to bring us to basically 333 00:16:24,280 --> 00:16:27,160 Speaker 2: a year end OCR of two point two five percent. 334 00:16:27,240 --> 00:16:30,440 Speaker 2: So pressure is on the Reserve Bank. Nicola Willis, Finance Minister, 335 00:16:30,520 --> 00:16:32,480 Speaker 2: is with us. After five, it's twenty four to five. 336 00:16:33,120 --> 00:16:36,440 Speaker 1: It's the world wires on news talks, it'd be drive. 337 00:16:37,000 --> 00:16:39,440 Speaker 2: So it's been a day of pageantry and politics which 338 00:16:39,440 --> 00:16:48,720 Speaker 2: has welcomed Donald Trump to Windsor Castle. And Trump was 339 00:16:48,760 --> 00:16:51,560 Speaker 2: impressed by the King's people's skills at a lavish dinner. 340 00:16:51,840 --> 00:16:53,960 Speaker 13: Oh tell you that I just stood in line and 341 00:16:53,960 --> 00:16:57,760 Speaker 13: ship about one hundred and fifty hands, and the King knew. 342 00:16:57,560 --> 00:17:00,120 Speaker 11: Every single person and every single company. 343 00:17:00,360 --> 00:17:01,560 Speaker 3: I was very impressed with that. 344 00:17:02,280 --> 00:17:05,480 Speaker 2: A record one hundred and fifty pounds of US investment 345 00:17:05,520 --> 00:17:07,920 Speaker 2: has been unveiled during Trump's visit. It includes a deal 346 00:17:07,960 --> 00:17:11,119 Speaker 2: for the first British built US Air Force plane in 347 00:17:11,160 --> 00:17:14,800 Speaker 2: more than fifty years. Over in the US, three police 348 00:17:14,800 --> 00:17:17,840 Speaker 2: officers have been killed and two others injured in rural Pennsylvania. 349 00:17:17,880 --> 00:17:22,240 Speaker 2: Here's the state's police commissioner describing the incident as domestic related. 350 00:17:22,359 --> 00:17:25,240 Speaker 10: We would like to advise the community that there is 351 00:17:25,320 --> 00:17:27,399 Speaker 10: no current active threat. 352 00:17:27,600 --> 00:17:29,760 Speaker 3: I can confirm that the shooter is dead. 353 00:17:30,280 --> 00:17:36,040 Speaker 2: And finally, scientists are keeping a close eye on a 354 00:17:36,080 --> 00:17:38,760 Speaker 2: massive asteroid that's set to get close to Earth overnight. 355 00:17:38,800 --> 00:17:41,399 Speaker 2: It's as big as a skyscraper apparently, and it's traveling 356 00:17:41,440 --> 00:17:45,000 Speaker 2: at twenty four thousand miles per hour, and apparently anything 357 00:17:45,040 --> 00:17:47,800 Speaker 2: passing within four point six million miles of Earth is 358 00:17:47,840 --> 00:17:51,480 Speaker 2: deemed potentially hazardous. And if it does hit us, I 359 00:17:51,560 --> 00:17:53,879 Speaker 2: will see well, if it doesn't hit us, obviously, if 360 00:17:53,920 --> 00:17:55,840 Speaker 2: it does hit us, bye bye. But if it doesn't 361 00:17:55,880 --> 00:17:57,720 Speaker 2: hit us, we'll see it again in about twenty eighty 362 00:17:57,800 --> 00:17:59,520 Speaker 2: nine and then twenty one seventy. 363 00:17:59,240 --> 00:18:03,800 Speaker 1: Three International correspondence with NS and Eye Insurance Peace of 364 00:18:03,880 --> 00:18:08,160 Speaker 1: Mind for New Zealand Business. 365 00:18:06,520 --> 00:18:09,480 Speaker 2: Oliver Peterson six pour Perth Life Presenters with US. Hello, Oali, 366 00:18:09,920 --> 00:18:13,159 Speaker 2: Hello Heather. Okay, so Albanezi crunch time. He's meeting with Trump, 367 00:18:13,760 --> 00:18:14,480 Speaker 2: Yeah he is. 368 00:18:14,680 --> 00:18:18,960 Speaker 13: He'll get over there asap. After just announcing today with 369 00:18:19,040 --> 00:18:21,040 Speaker 13: the Treasury of Jim Chalmers and the Climate Change Minister 370 00:18:21,119 --> 00:18:24,160 Speaker 13: Chris Bowen that the government's target to cutter missions by 371 00:18:24,160 --> 00:18:26,639 Speaker 13: sixty two to seventy percent by twenty thirty five, he 372 00:18:26,680 --> 00:18:29,440 Speaker 13: reckons this is a responsible measure and it is supported 373 00:18:29,440 --> 00:18:32,280 Speaker 13: by science. We've already heard from the opposition here that 374 00:18:32,720 --> 00:18:37,280 Speaker 13: the announcement made today will not be achievable. We have 375 00:18:37,320 --> 00:18:40,440 Speaker 13: no costings around this. The modeling from Treasury shown that 376 00:18:40,520 --> 00:18:42,760 Speaker 13: the economy will be two point two trillion dollars bigger 377 00:18:42,760 --> 00:18:46,200 Speaker 13: if the nation adopted Nordly transition by twenty fifty. So 378 00:18:46,440 --> 00:18:48,600 Speaker 13: there's a lot of cold board already being thrown onto 379 00:18:48,600 --> 00:18:51,720 Speaker 13: the government's climate change targets they're signing up to. He 380 00:18:51,760 --> 00:18:53,399 Speaker 13: wanted to get this done, as you say, before he 381 00:18:53,400 --> 00:18:56,199 Speaker 13: heads off to this meeting to catch up with Donald Trump, 382 00:18:56,560 --> 00:18:59,479 Speaker 13: and g is any under pressure because he's returned from 383 00:18:59,560 --> 00:19:02,239 Speaker 13: his Pacific Island's visit. He hasn't managed to sign up 384 00:19:02,240 --> 00:19:04,800 Speaker 13: the security packed with the Puppy and New Guinea government. 385 00:19:05,080 --> 00:19:05,480 Speaker 14: He has't. 386 00:19:05,720 --> 00:19:07,760 Speaker 13: He hasn't managed to sign up a security pack with 387 00:19:07,840 --> 00:19:10,960 Speaker 13: the government of Vanawatu last week. So he's been left 388 00:19:11,080 --> 00:19:14,360 Speaker 13: fairly red faced. And I know that ABC journalist John 389 00:19:14,440 --> 00:19:16,960 Speaker 13: Lyons is upset Donald Trump as he's over there in 390 00:19:16,960 --> 00:19:19,719 Speaker 13: the United Kingdom at the moment's ahead of four corners 391 00:19:19,800 --> 00:19:22,280 Speaker 13: stories saying he's an embarrassment to his country. So Heather, 392 00:19:22,359 --> 00:19:25,040 Speaker 13: what does this do for a meeting and a showdown 393 00:19:25,359 --> 00:19:27,320 Speaker 13: with Donald Trump. He's never had the ear of the 394 00:19:27,440 --> 00:19:31,359 Speaker 13: US President face to face. He's obviously failed to shore 395 00:19:31,440 --> 00:19:35,399 Speaker 13: up regional security. Will that actually help or hinder the 396 00:19:35,480 --> 00:19:37,760 Speaker 13: Orchest arrangement? I think Donald Trump, being the businessman that 397 00:19:37,840 --> 00:19:41,560 Speaker 13: he is, will be asking Anthony Albanizi for even more. 398 00:19:41,600 --> 00:19:43,000 Speaker 2: He'll be doing the old Oliver twists. 399 00:19:43,040 --> 00:19:45,919 Speaker 13: Please, sir, can I have more and more money at 400 00:19:45,960 --> 00:19:46,880 Speaker 13: your defense forces. 401 00:19:47,040 --> 00:19:49,040 Speaker 2: Yeah, it's certainly going to be an interesting one to 402 00:19:49,080 --> 00:19:50,480 Speaker 2: watch because I don't know that any of us can 403 00:19:50,520 --> 00:19:52,880 Speaker 2: call it. Listen to other masks back, are they? 404 00:19:53,320 --> 00:19:53,560 Speaker 14: Yeah? 405 00:19:53,600 --> 00:19:55,480 Speaker 13: So we've got a hospital here in New South Wales 406 00:19:55,480 --> 00:19:59,040 Speaker 13: which has issued a mask mandate. This is not over COVID, 407 00:19:59,520 --> 00:20:02,399 Speaker 13: it's over a measles outbreak. Now this is escalated in 408 00:20:02,480 --> 00:20:05,880 Speaker 13: Queensland and New South Wales and in the last hour 409 00:20:06,000 --> 00:20:09,760 Speaker 13: or so in Western Australia it's now infecting people who 410 00:20:10,040 --> 00:20:11,240 Speaker 13: are in the mines. 411 00:20:11,359 --> 00:20:11,600 Speaker 14: Now. 412 00:20:11,880 --> 00:20:14,520 Speaker 13: In measles is something Heather that we really haven't taken 413 00:20:14,560 --> 00:20:17,080 Speaker 13: much notice of for quite a number of years, because 414 00:20:17,119 --> 00:20:19,879 Speaker 13: nobody really thought that there was measles anymore, because everybody 415 00:20:19,920 --> 00:20:22,920 Speaker 13: used toet vaccinated against measles. But we've got three cases 416 00:20:22,960 --> 00:20:26,040 Speaker 13: confirmed in Cans so far. North Queensland they've got six, 417 00:20:26,400 --> 00:20:28,560 Speaker 13: So that's the number that have obviously doubled in that 418 00:20:28,640 --> 00:20:32,959 Speaker 13: part of Australia. Officials are now issuing alerts at Cann's 419 00:20:32,960 --> 00:20:35,720 Speaker 13: Hospital's maternity ward. You go down the coast and into 420 00:20:35,760 --> 00:20:38,960 Speaker 13: New South Wales and mask mandates are being ordered at 421 00:20:38,960 --> 00:20:44,720 Speaker 13: some north coastal hospitals as a result of this measles outbreak. 422 00:20:44,800 --> 00:20:47,240 Speaker 13: So it's almost sort of the COVID years back again, 423 00:20:47,280 --> 00:20:50,439 Speaker 13: and you know they're shuddering thinking about mask mandates. 424 00:20:50,480 --> 00:20:55,440 Speaker 2: Yeah, totally Now you're emissions targets. How realistic are these? 425 00:20:56,160 --> 00:20:58,439 Speaker 13: Yeah, that's what's going to be interesting. That's what's going 426 00:20:58,480 --> 00:21:00,679 Speaker 13: to be difficult because the Ione wants to cut a 427 00:21:00,680 --> 00:21:03,639 Speaker 13: missions by sixty two to seventy percent by twenty thirty five. 428 00:21:04,320 --> 00:21:07,320 Speaker 13: Albo is saying that it's a responsible measure, Jim Chalmer's 429 00:21:07,320 --> 00:21:10,760 Speaker 13: calling the transition of gold and economic opportunity for Australia. 430 00:21:11,320 --> 00:21:13,760 Speaker 13: But it's been pointed out by the Opposition that the 431 00:21:13,800 --> 00:21:16,800 Speaker 13: target will not be met, that they have already failed 432 00:21:16,800 --> 00:21:19,920 Speaker 13: to reduce the current targets. There's no chance at twenty 433 00:21:19,920 --> 00:21:22,320 Speaker 13: thirty five target will be achieved, says the opposition, because 434 00:21:22,320 --> 00:21:24,160 Speaker 13: they've got no credibility because they're failing to meet their 435 00:21:24,160 --> 00:21:26,520 Speaker 13: twenty thirty targets. So the government's going to have a 436 00:21:26,520 --> 00:21:28,000 Speaker 13: little bob each way, right, They're going to go out 437 00:21:28,000 --> 00:21:29,480 Speaker 13: for a little while, then they're going to come down. 438 00:21:29,560 --> 00:21:32,040 Speaker 13: But look, this will be very interesting. I think he 439 00:21:32,080 --> 00:21:34,160 Speaker 13: wanted to make this announcement, as I said before, headed 440 00:21:34,200 --> 00:21:36,000 Speaker 13: before he went off to see Donald Trump, to try 441 00:21:36,040 --> 00:21:38,000 Speaker 13: and wrestle back the national conversation. 442 00:21:38,119 --> 00:21:40,679 Speaker 2: Listen, I mean, this is this is nonsense, isn't it. 443 00:21:40,720 --> 00:21:42,119 Speaker 2: There's no way you guys are going to cut your 444 00:21:42,119 --> 00:21:45,119 Speaker 2: emissions by potentially seventy percent in the next ten years. 445 00:21:45,359 --> 00:21:48,240 Speaker 2: And surely by now voters, as we get closer and 446 00:21:48,280 --> 00:21:50,440 Speaker 2: closer to these targets and we see we don't meet them, 447 00:21:50,520 --> 00:21:52,280 Speaker 2: voters are going to start to see through this crap, 448 00:21:52,320 --> 00:21:52,800 Speaker 2: aren't they. 449 00:21:53,040 --> 00:21:53,840 Speaker 14: I reckon they would. 450 00:21:54,400 --> 00:21:56,240 Speaker 13: I don't know why you lock yourself into this sort 451 00:21:56,280 --> 00:21:58,600 Speaker 13: of stuff, Like why do you have this target? 452 00:21:58,640 --> 00:22:00,320 Speaker 14: How are we to do it? 453 00:22:00,359 --> 00:22:02,960 Speaker 13: Heather, Like, we've already got the massive warnings this summer 454 00:22:02,960 --> 00:22:04,680 Speaker 13: that we can't keep the lights on, the air conditioning 455 00:22:04,680 --> 00:22:07,199 Speaker 13: systems running, So how are we going to do it? 456 00:22:07,200 --> 00:22:10,000 Speaker 13: All ride bicycles and have windmills in our own backyards 457 00:22:10,000 --> 00:22:14,800 Speaker 13: and all these batteries it's just until you have a 458 00:22:14,960 --> 00:22:16,479 Speaker 13: concrete base load solution. 459 00:22:17,200 --> 00:22:20,200 Speaker 2: You know, this is all just lala land. Correct, it's 460 00:22:20,240 --> 00:22:22,840 Speaker 2: lala land. Okay, listen, Ollie, thank you. I do appreciate that. 461 00:22:22,840 --> 00:22:26,560 Speaker 2: That's Oliver Peterson, our six PM Perth Live presenter, eighteen 462 00:22:26,600 --> 00:22:27,080 Speaker 2: away from. 463 00:22:27,040 --> 00:22:29,400 Speaker 3: Five either due for clan. 464 00:22:30,040 --> 00:22:31,960 Speaker 2: I haven't even I haven't even run you through the 465 00:22:32,000 --> 00:22:34,760 Speaker 2: Crusaders prices. Now, get a load of this, okay. So 466 00:22:35,119 --> 00:22:38,400 Speaker 2: this is the prices this year at the Stink Stadium 467 00:22:38,520 --> 00:22:40,600 Speaker 2: versus what you're going to pay if you're a Crusaders 468 00:22:40,640 --> 00:22:44,679 Speaker 2: fan going to Takaha Next year, the Platinum membership is 469 00:22:44,720 --> 00:22:47,320 Speaker 2: going to go from three hundred and eighty dollars this 470 00:22:47,480 --> 00:22:50,760 Speaker 2: year to five hundred and seventy five dollars next year, 471 00:22:50,760 --> 00:22:54,680 Speaker 2: which is a forty percent price increase. Adult reserved seating 472 00:22:54,720 --> 00:22:57,480 Speaker 2: at all regular home games is one hundred and forty 473 00:22:57,520 --> 00:23:01,120 Speaker 2: dollars this year. Next year it will start at four 474 00:23:01,200 --> 00:23:04,720 Speaker 2: hundred and fifty five dollars. At the moment, your premium 475 00:23:04,760 --> 00:23:08,280 Speaker 2: membership is five hundred and seventy five dollars. Next year, 476 00:23:08,320 --> 00:23:10,640 Speaker 2: the premium offer, from what I understand, starts at about 477 00:23:10,640 --> 00:23:12,920 Speaker 2: three thousand, two hundred dollars. I mean this is eye 478 00:23:13,000 --> 00:23:16,440 Speaker 2: watering increases A A membership for a family of four 479 00:23:16,960 --> 00:23:20,200 Speaker 2: were costs currently four hundred and fifty dollars, will cost 480 00:23:20,240 --> 00:23:23,800 Speaker 2: a minimum of seven hundred and fifty dollars next year. 481 00:23:23,800 --> 00:23:26,600 Speaker 2: We're going to talk to Nick Bewley, our Rugby commentator, 482 00:23:27,160 --> 00:23:30,360 Speaker 2: next hour about it. I'm getting a lot of texts 483 00:23:31,000 --> 00:23:36,480 Speaker 2: calling me out on the Jimmy Kimmel thing, basically saying, 484 00:23:37,440 --> 00:23:40,600 Speaker 2: you know, if there was canceled culture going one way, 485 00:23:40,720 --> 00:23:43,679 Speaker 2: if the left doing the cancel culture before, what's the 486 00:23:43,680 --> 00:23:45,439 Speaker 2: problem of THEUT getting canceled now? We're going to talk 487 00:23:45,440 --> 00:23:47,320 Speaker 2: about that later, because I don't think just because one 488 00:23:47,560 --> 00:23:49,360 Speaker 2: one group of people do something bad, the other group 489 00:23:49,400 --> 00:23:52,199 Speaker 2: of people should do equally bad. Heither regarding Jimmy Kimmel's 490 00:23:52,240 --> 00:23:55,720 Speaker 2: and Charlie Kirks murder, Look who wins here, it's Trump. 491 00:23:56,000 --> 00:23:59,560 Speaker 2: This has moved the dial, even temporarily from the Epstein issue, 492 00:24:00,160 --> 00:24:02,080 Speaker 2: Trump to go after the left, or, as he refers 493 00:24:02,119 --> 00:24:04,600 Speaker 2: to them, the enemy within, which is probably a fair 494 00:24:04,640 --> 00:24:06,600 Speaker 2: point to make anyway. Barrisopa is going to be us 495 00:24:06,600 --> 00:24:08,919 Speaker 2: next on domestic politics, seventeen away from. 496 00:24:08,760 --> 00:24:12,360 Speaker 1: Five Politics with Centrics. Credit check your customers and get 497 00:24:12,359 --> 00:24:13,200 Speaker 1: payment certainty. 498 00:24:13,400 --> 00:24:13,520 Speaker 11: Right. 499 00:24:13,520 --> 00:24:16,440 Speaker 2: Barrisoper, senior political correspondence with US Hallo, Barry. 500 00:24:16,200 --> 00:24:18,159 Speaker 11: Good afternoon. Whither is there so much cake in the 501 00:24:18,200 --> 00:24:18,960 Speaker 11: office today? 502 00:24:19,080 --> 00:24:22,280 Speaker 2: Go on, then, go on, just get it out of 503 00:24:22,320 --> 00:24:23,399 Speaker 2: your system. 504 00:24:24,240 --> 00:24:27,119 Speaker 14: Dear, I go on, Happy birthday, Thank. 505 00:24:26,960 --> 00:24:29,800 Speaker 2: You very much, Barry. Jeez, how long did you think 506 00:24:29,800 --> 00:24:31,480 Speaker 2: about how am I going to get that out there? 507 00:24:31,600 --> 00:24:31,800 Speaker 3: No? 508 00:24:31,800 --> 00:24:32,440 Speaker 11: No, I didn't. 509 00:24:32,960 --> 00:24:37,240 Speaker 2: Was that just when I looked around. Look, you've absolutely excelled, 510 00:24:38,160 --> 00:24:41,359 Speaker 2: right the GDP. This this was alarming, this number, wasn't it. 511 00:24:41,440 --> 00:24:43,600 Speaker 11: Well, yes, it was alarming. Was much more than anybody 512 00:24:43,640 --> 00:24:46,000 Speaker 11: had predicted. But look, Adrian Or you'd have to say, 513 00:24:46,040 --> 00:24:50,000 Speaker 11: did a great job engineering a recession. Like the government 514 00:24:50,040 --> 00:24:52,080 Speaker 11: he was working for at the time, he clearly didn't 515 00:24:52,080 --> 00:24:55,199 Speaker 11: know how to get out of it. So they're still 516 00:24:55,320 --> 00:24:57,720 Speaker 11: in the mare. But I think I think we've turned 517 00:24:57,760 --> 00:25:00,320 Speaker 11: the corner, and I think the third quar it will 518 00:25:00,359 --> 00:25:01,720 Speaker 11: be better than the one we're in at the moment, 519 00:25:01,960 --> 00:25:04,000 Speaker 11: and it'll be even better than the last quarter. 520 00:25:04,080 --> 00:25:06,600 Speaker 2: Well, it has to be better than because geez, there's 521 00:25:06,640 --> 00:25:09,439 Speaker 2: no way it could get worse exactly. Okay, So the 522 00:25:09,520 --> 00:25:13,240 Speaker 2: spat between David Seymour and Winston Peters about Gaza. Yeah, 523 00:25:13,320 --> 00:25:14,320 Speaker 2: how big a deal is this? 524 00:25:14,440 --> 00:25:16,679 Speaker 11: Well, it's not such a big deal, I must say, 525 00:25:16,720 --> 00:25:19,240 Speaker 11: it's been made a big deal by some sections of 526 00:25:19,280 --> 00:25:23,640 Speaker 11: the media. But the interesting thing is that even though 527 00:25:23,680 --> 00:25:28,159 Speaker 11: Seymour has been sniping away at Palestine and what New 528 00:25:28,240 --> 00:25:31,440 Speaker 11: Zealand should be doing, it's really the Foreign Affairs Minister's 529 00:25:31,520 --> 00:25:36,719 Speaker 11: job and act hasn't opted out of any formal agree 530 00:25:36,760 --> 00:25:39,400 Speaker 11: to disagree position, which is what you meant to do 531 00:25:40,080 --> 00:25:44,520 Speaker 11: in a coalition. Nevertheless, standing in for the Prime Minister 532 00:25:44,600 --> 00:25:49,280 Speaker 11: today during question time, David Seymour was quizzed by Labour's 533 00:25:49,520 --> 00:25:54,200 Speaker 11: carmel Sepaloni over the bickering between him and Winston Peters. Interestingly, 534 00:25:54,640 --> 00:25:58,879 Speaker 11: Seymour not once referred to Winston by a name. Here 535 00:25:58,920 --> 00:25:59,240 Speaker 11: they are. 536 00:25:59,600 --> 00:26:02,800 Speaker 15: Position will be made clear by the right minister at 537 00:26:02,840 --> 00:26:05,440 Speaker 15: the right place, at the right time, which is coming 538 00:26:05,520 --> 00:26:06,160 Speaker 15: up very soon. 539 00:26:06,520 --> 00:26:10,040 Speaker 16: Was the Minister of Foreign Affairs correct when he said 540 00:26:10,040 --> 00:26:14,160 Speaker 16: that the Deputy Prime Minister David Seymour was quote talking 541 00:26:14,320 --> 00:26:18,720 Speaker 16: out of his field end quote regarding the government's position 542 00:26:19,119 --> 00:26:20,879 Speaker 16: on Palestinian statehood. 543 00:26:21,359 --> 00:26:25,040 Speaker 15: Actually he was speaking as the leader of his party 544 00:26:25,280 --> 00:26:27,159 Speaker 15: and that's a matter for him, which I don't have 545 00:26:27,480 --> 00:26:29,520 Speaker 15: a responsibility. 546 00:26:28,640 --> 00:26:32,280 Speaker 16: For when will he instruct his Deputy Prime Minister and 547 00:26:32,320 --> 00:26:35,359 Speaker 16: his Minister for Foreign Affairs to stop bickering. 548 00:26:35,720 --> 00:26:41,560 Speaker 15: We have a team that works together very effectively, dangerously effective, 549 00:26:41,800 --> 00:26:43,679 Speaker 15: in such a way that it's going to keep the 550 00:26:43,720 --> 00:26:47,399 Speaker 15: opposition right where they are for a very long time. 551 00:26:48,080 --> 00:26:51,240 Speaker 11: Wish we'll thinking that's probably true though. 552 00:26:51,320 --> 00:26:54,080 Speaker 2: All right, what's Jane Jones banging on about the dolphins? 553 00:26:54,080 --> 00:26:54,240 Speaker 17: Oh? 554 00:26:54,280 --> 00:26:57,480 Speaker 11: I love this because apparently there was a twenty twenty 555 00:26:57,520 --> 00:27:01,199 Speaker 11: one report issued by the government. It's suggesting that the 556 00:27:01,240 --> 00:27:05,480 Speaker 11: population of hectors and Maui dolphins it's about fifty four 557 00:27:05,960 --> 00:27:09,600 Speaker 11: or even as few as forty. A question from the 558 00:27:09,640 --> 00:27:14,960 Speaker 11: Greens had the Minister of Oceans and Fishery, Shane Jones, 559 00:27:15,680 --> 00:27:19,560 Speaker 11: casting doubt on the very existence of the dolphin species. 560 00:27:19,840 --> 00:27:23,120 Speaker 18: Over the years, a host of restrictive measures have been 561 00:27:23,160 --> 00:27:26,760 Speaker 18: put in place for this mythological creature, sadly known as 562 00:27:26,840 --> 00:27:31,439 Speaker 18: Maui's dolphins. This has had a significant impact on the 563 00:27:31,480 --> 00:27:34,679 Speaker 18: ability and the viability of the fishery sector. But we 564 00:27:34,720 --> 00:27:37,760 Speaker 18: should not devalue the work that has already taken place 565 00:27:37,840 --> 00:27:41,200 Speaker 18: on the west coast of Teko or Mahwi to provide 566 00:27:41,440 --> 00:27:46,760 Speaker 18: remedial measures for this declining population of mythical Hector's dolphins. 567 00:27:47,200 --> 00:27:50,160 Speaker 18: But I will not be guilt shipped about mythical creatures 568 00:27:50,200 --> 00:27:52,000 Speaker 18: living off the west coast of Taranaki. 569 00:27:53,240 --> 00:27:56,359 Speaker 2: He just thinks they're the same dolphin based he says 570 00:27:56,400 --> 00:27:57,560 Speaker 2: they are the same dolphins. 571 00:27:57,560 --> 00:27:58,439 Speaker 6: I'll talk to him after that. 572 00:27:58,480 --> 00:28:02,200 Speaker 11: He said they are. They never been different dolphins. That's 573 00:28:02,200 --> 00:28:05,000 Speaker 11: as new, all right. Not the Greens view that much. 574 00:28:05,040 --> 00:28:06,679 Speaker 2: So are you going to you're going to be tuning 575 00:28:06,680 --> 00:28:07,879 Speaker 2: in for Bossy's veldtrup. 576 00:28:08,119 --> 00:28:11,639 Speaker 11: Well, one of the few contributions that I've made to 577 00:28:11,680 --> 00:28:17,600 Speaker 11: politics came today and one of Benjamin Doyle's rare questions. Essentially, 578 00:28:17,960 --> 00:28:21,120 Speaker 11: what they did was hold up the proceedings as they 579 00:28:21,119 --> 00:28:24,480 Speaker 11: asked questions in maldi, which of course they're entitled to do, 580 00:28:25,160 --> 00:28:27,800 Speaker 11: but it was something of a struggle to get an answer. 581 00:28:27,880 --> 00:28:33,520 Speaker 17: Here they are Kate Feifer, card or Ia Keith Manna, 582 00:28:34,280 --> 00:28:37,800 Speaker 17: Teddy t or Way tong Hu tanga a ma to 583 00:28:38,040 --> 00:28:41,240 Speaker 17: dunga manga akuna maudi was to speak. 584 00:28:41,800 --> 00:28:44,280 Speaker 15: I'm not getting any translation through this. 585 00:28:46,560 --> 00:28:48,640 Speaker 6: That's been a problem all week, and I've got this. 586 00:28:48,760 --> 00:28:52,040 Speaker 11: I don't know whether there was a problem for the 587 00:28:52,080 --> 00:28:56,720 Speaker 11: bewildered translator, or whether it was indeed a technical problem, 588 00:28:56,800 --> 00:29:00,520 Speaker 11: but anyway we can hear more from them. That's Doyle 589 00:29:00,600 --> 00:29:03,920 Speaker 11: when they delivered their valedictory in about an hour's time. 590 00:29:04,680 --> 00:29:07,960 Speaker 11: See how correct I was hither in the pronouns which 591 00:29:08,000 --> 00:29:10,440 Speaker 11: from here on and won't be such a problem with 592 00:29:10,560 --> 00:29:11,520 Speaker 11: him gone. 593 00:29:12,880 --> 00:29:16,520 Speaker 2: Up to that point. Just well, thanks you. Barry Soper, 594 00:29:16,800 --> 00:29:21,000 Speaker 2: Senior political Correspondence nine away from five, putting. 595 00:29:20,680 --> 00:29:24,240 Speaker 1: The tough questions to the newspeakers, the mic Hosking breakfast. 596 00:29:24,280 --> 00:29:27,000 Speaker 19: It's new numbers around youth offending, showing it's down fourteen 597 00:29:27,040 --> 00:29:29,480 Speaker 19: point six percent. Car and Chaws the Children's Ministry. How 598 00:29:29,560 --> 00:29:30,720 Speaker 19: much of this is RAM raids? 599 00:29:30,880 --> 00:29:33,160 Speaker 20: Oh yeah, that's a big part of the RAM raids 600 00:29:33,200 --> 00:29:35,840 Speaker 20: have dropped by eighty two percent. And we do know 601 00:29:36,000 --> 00:29:38,840 Speaker 20: that a small group of young people are causing a 602 00:29:39,120 --> 00:29:42,280 Speaker 20: large problem within our community. So we're focusing on this 603 00:29:42,480 --> 00:29:45,760 Speaker 20: small group of serious, persistent youth offenders and it's starting 604 00:29:45,840 --> 00:29:46,480 Speaker 20: to work good. 605 00:29:46,520 --> 00:29:48,840 Speaker 19: In your press release, you're claiming boot camps. Correct me 606 00:29:48,880 --> 00:29:50,760 Speaker 19: if I'm wrong. The boot camps haven't even started. 607 00:29:50,840 --> 00:29:52,719 Speaker 20: Yes, but we did run a pilot and we had 608 00:29:52,760 --> 00:29:55,040 Speaker 20: a lot of learnings from that pilot that we're now 609 00:29:55,200 --> 00:29:57,160 Speaker 20: using within our work program. 610 00:29:57,520 --> 00:30:00,320 Speaker 19: Back tomorrow at six am the Mic Hosking Breakfast with 611 00:30:00,720 --> 00:30:01,960 Speaker 19: Vida News Talk. 612 00:30:01,840 --> 00:30:06,160 Speaker 2: ZB five Away from five. Look, thank you for the 613 00:30:06,160 --> 00:30:11,520 Speaker 2: birthday messages to appreciate it. It's very nice. Thank you. 614 00:30:11,800 --> 00:30:14,360 Speaker 2: I have honestly had so much cake today I feel 615 00:30:14,440 --> 00:30:16,520 Speaker 2: quite funny from it. I'm not used to this amount 616 00:30:16,520 --> 00:30:17,960 Speaker 2: of sugar. Because I started, I thought, do you know, 617 00:30:18,000 --> 00:30:19,800 Speaker 2: when you're a parent, you decide that you've got to 618 00:30:19,840 --> 00:30:21,440 Speaker 2: do all kinds of weird things just to keep that, 619 00:30:21,680 --> 00:30:24,440 Speaker 2: you know, give the kids an experience. So we had 620 00:30:24,520 --> 00:30:27,959 Speaker 2: cake this morning after breakfast, so that that the wee 621 00:30:28,080 --> 00:30:29,800 Speaker 2: one who's three and a half could could have a 622 00:30:29,840 --> 00:30:32,240 Speaker 2: fu make a fuss. But what he's he didn't even 623 00:30:32,280 --> 00:30:34,080 Speaker 2: like the cake, and they're not sitting there eating my 624 00:30:34,160 --> 00:30:36,040 Speaker 2: cake and his cake. I didn't really like the cake. Ey, 625 00:30:36,120 --> 00:30:38,840 Speaker 2: they don't really like cake anyway, So I had a 626 00:30:38,840 --> 00:30:40,560 Speaker 2: double dose of that. Then I came in the German 627 00:30:40,600 --> 00:30:42,600 Speaker 2: made a very sugary cake, so I had to have 628 00:30:42,640 --> 00:30:44,960 Speaker 2: that as well. That was actually quite delicious, but I 629 00:30:44,960 --> 00:30:46,960 Speaker 2: could only have half of it because I've already loaded 630 00:30:47,040 --> 00:30:50,280 Speaker 2: up before. But what he was really into was striking 631 00:30:50,320 --> 00:30:52,840 Speaker 2: matches because then he then he then he learned he 632 00:30:52,840 --> 00:30:54,440 Speaker 2: saw his dad do that, so now he wants to 633 00:30:54,480 --> 00:30:56,440 Speaker 2: strike matches all the time. So anyway, we're about to 634 00:30:56,480 --> 00:30:59,960 Speaker 2: put them high away, haven't we. Oh here the cake 635 00:31:00,160 --> 00:31:03,440 Speaker 2: hair was lovely overnight with Trump's function. Look, I will 636 00:31:03,440 --> 00:31:06,680 Speaker 2: agree with you. Actually Kate's head, they have either taken 637 00:31:06,760 --> 00:31:09,560 Speaker 2: the extensions, will wig out or something. She's gone back 638 00:31:09,600 --> 00:31:13,080 Speaker 2: to having her own hair and it looks outstanding again. Milania. 639 00:31:13,320 --> 00:31:16,280 Speaker 2: Just on the subject, Milania has been trolled for the 640 00:31:16,360 --> 00:31:18,760 Speaker 2: dress that she walter the state banquet, which I think 641 00:31:18,840 --> 00:31:21,080 Speaker 2: is deeply unfair. It is great if you haven't seen it. 642 00:31:21,080 --> 00:31:24,680 Speaker 2: It's a Caroline, a Carolina Herrara gown. It's off the shoulder, 643 00:31:25,040 --> 00:31:29,040 Speaker 2: on both sides are long sleeves, column silhouette. It's she's 644 00:31:29,040 --> 00:31:31,720 Speaker 2: got a wide lilacs sat it's yellow, by the way, 645 00:31:32,000 --> 00:31:36,400 Speaker 2: very yellow like like you know, buttercup yellow. And it's 646 00:31:36,520 --> 00:31:38,840 Speaker 2: she's got a white lilac satin belt and then a 647 00:31:38,840 --> 00:31:43,200 Speaker 2: pair of rather spectacular emerald earrings on it. The common 648 00:31:43,800 --> 00:31:46,160 Speaker 2: the consensus on this is that it is not state 649 00:31:46,200 --> 00:31:49,200 Speaker 2: banquet enough, Like it's just not because because then she's 650 00:31:49,200 --> 00:31:51,400 Speaker 2: standing next to Kate, and then Kate's got on a 651 00:31:51,440 --> 00:31:54,840 Speaker 2: gold lacey thing and it's sort of couture. She's got 652 00:31:54,840 --> 00:31:58,200 Speaker 2: a gown and she's got a long sleeve, full length 653 00:31:58,840 --> 00:32:01,360 Speaker 2: gold lace evening coat over the top. And I've got 654 00:32:01,360 --> 00:32:02,640 Speaker 2: to be honest with you, and I said, when I 655 00:32:02,680 --> 00:32:05,280 Speaker 2: looked at the pair of them, I thought Milania looked better. 656 00:32:05,720 --> 00:32:08,040 Speaker 2: Because while I do think Kate always looks beautiful and 657 00:32:08,080 --> 00:32:10,239 Speaker 2: everything that she's wearing, that dress could have come from 658 00:32:10,280 --> 00:32:11,800 Speaker 2: the Victorian erar, do you know what I mean? And 659 00:32:12,000 --> 00:32:14,680 Speaker 2: I wish the royals do this all the time. They 660 00:32:14,760 --> 00:32:18,400 Speaker 2: dress like it's several decades ago. They put their children 661 00:32:18,520 --> 00:32:20,960 Speaker 2: still have to wear those awful little sandals with the 662 00:32:21,000 --> 00:32:23,160 Speaker 2: socks and the weird outfits that kids worn the Second 663 00:32:23,160 --> 00:32:25,360 Speaker 2: World War, And I feel because they just keep trying 664 00:32:25,360 --> 00:32:27,920 Speaker 2: to do the nostalgia thing. Anyway, I'm coming to the 665 00:32:27,960 --> 00:32:31,200 Speaker 2: defense here of Milania's dress, but I cannot defend the hat. 666 00:32:32,000 --> 00:32:33,920 Speaker 2: Ha Have you seen the hat? 667 00:32:34,280 --> 00:32:34,720 Speaker 17: The hat? 668 00:32:35,040 --> 00:32:37,960 Speaker 2: The hat is obnoxious. She needs to stop using the 669 00:32:38,040 --> 00:32:40,000 Speaker 2: hat as some sort of a cage to keep people 670 00:32:40,040 --> 00:32:42,440 Speaker 2: away from her. Anyway. Nikola Willis is going to be 671 00:32:42,440 --> 00:32:50,920 Speaker 2: with us next on the GDP print newstig zby. 672 00:32:54,880 --> 00:32:58,280 Speaker 1: Dressing the newsmakers to get the real story. It's Heather 673 00:32:58,440 --> 00:33:01,840 Speaker 1: Duplessyl and Drive. We have one New Zealand to coverage 674 00:33:01,920 --> 00:33:02,920 Speaker 1: like no one else. 675 00:33:03,240 --> 00:33:04,080 Speaker 3: New thoughts would be. 676 00:33:05,720 --> 00:33:08,480 Speaker 2: Afternoon. The GDP number out today has come as something 677 00:33:08,480 --> 00:33:10,480 Speaker 2: of a shock. It was far worse than expected for 678 00:33:10,600 --> 00:33:13,440 Speaker 2: Q two, down zero point nine percent. That is three 679 00:33:13,480 --> 00:33:15,680 Speaker 2: times as bad as predicted by the Reserve Bank just 680 00:33:15,760 --> 00:33:19,680 Speaker 2: last month. Now, Nikola Williss is the Finance Minister, High Nicoler, Hi, 681 00:33:20,080 --> 00:33:21,640 Speaker 2: is this worse than you thought it would be? 682 00:33:22,560 --> 00:33:25,520 Speaker 21: Yes, the consensus forecast was that we did have a 683 00:33:25,560 --> 00:33:28,680 Speaker 21: negative quarter, but the view was that it was more 684 00:33:28,720 --> 00:33:31,520 Speaker 21: like zero point three percent. So this is bigger than forecast. 685 00:33:31,720 --> 00:33:34,240 Speaker 2: Okay, Now you're putting this down to the tariffs, right, 686 00:33:34,400 --> 00:33:36,360 Speaker 2: and I think to some extent you are right, but 687 00:33:36,400 --> 00:33:38,520 Speaker 2: it is bigger than that as well. There is domestic 688 00:33:38,520 --> 00:33:39,440 Speaker 2: stuff going on here. 689 00:33:40,240 --> 00:33:41,880 Speaker 21: Well, what we know is in the first three months 690 00:33:41,880 --> 00:33:45,000 Speaker 21: of the year we grew at zero point nine percent positive, 691 00:33:45,120 --> 00:33:48,360 Speaker 21: which was far faster than anyone had been forecasting, three 692 00:33:48,400 --> 00:33:51,320 Speaker 21: times the rate Australia was growing at that time. And 693 00:33:51,360 --> 00:33:54,720 Speaker 21: we know that the Trump tariff announcement really knocked the 694 00:33:54,800 --> 00:33:57,880 Speaker 21: stuffing out of people's confidence. And we'd felt in the 695 00:33:57,920 --> 00:34:01,280 Speaker 21: economy that drawback on an investment and hiring intentions. And 696 00:34:01,320 --> 00:34:02,840 Speaker 21: I think this data reflects that. 697 00:34:03,520 --> 00:34:06,320 Speaker 2: There is also the manufacturing collapse, which feels like it's 698 00:34:06,360 --> 00:34:07,680 Speaker 2: related to the energy prices. 699 00:34:07,760 --> 00:34:11,920 Speaker 21: Yeah, well, the manufacturing is also about the timing of 700 00:34:11,960 --> 00:34:15,480 Speaker 21: when farmers send stock to be processed. It's also about 701 00:34:15,840 --> 00:34:19,600 Speaker 21: how much inventory firms are stocking up for export. So 702 00:34:19,640 --> 00:34:21,560 Speaker 21: I think there are range of factors at play in 703 00:34:21,560 --> 00:34:25,160 Speaker 21: that manufacturing data. What we know now is that this 704 00:34:25,239 --> 00:34:28,719 Speaker 21: is a time to really be kicking off construction and activity. 705 00:34:28,840 --> 00:34:31,719 Speaker 21: So I'm pleased that today we've announced the first FastTrack 706 00:34:32,080 --> 00:34:36,759 Speaker 21: housing project that will see more than two thy seven 707 00:34:36,840 --> 00:34:40,680 Speaker 21: hundred jobs created in Nelson with hundreds of homes, an 708 00:34:40,760 --> 00:34:43,480 Speaker 21: uplift to GDP of three hundred and forty million. We 709 00:34:43,520 --> 00:34:45,840 Speaker 21: want to get more of those fast track projects underway, 710 00:34:46,040 --> 00:34:49,400 Speaker 21: more government construction underway. All of those will be tailwinds 711 00:34:49,480 --> 00:34:50,000 Speaker 21: for growth. 712 00:34:50,360 --> 00:34:52,280 Speaker 2: Are you worried that this is going to knock people's 713 00:34:52,280 --> 00:34:53,320 Speaker 2: confidence all over again? 714 00:34:54,719 --> 00:34:57,520 Speaker 21: Well, I don't think people should overread the data for 715 00:34:57,560 --> 00:35:00,600 Speaker 21: the second quarter. They need to remember that data and 716 00:35:00,640 --> 00:35:03,239 Speaker 21: forecasts do bounce around. In the first three months of 717 00:35:03,280 --> 00:35:05,000 Speaker 21: the year, As I said, we grew a lot faster 718 00:35:05,120 --> 00:35:08,440 Speaker 21: than anyone had predicted. We also know that we're now 719 00:35:08,440 --> 00:35:12,040 Speaker 21: in a different phase where growth by consensus is faster 720 00:35:13,000 --> 00:35:15,040 Speaker 21: than it was a few months ago. We've got those 721 00:35:15,400 --> 00:35:18,640 Speaker 21: bigger interst rate reductions coming through, and I'm sure that 722 00:35:18,680 --> 00:35:20,879 Speaker 21: the Reserve Bank will look at this data and see 723 00:35:20,880 --> 00:35:24,640 Speaker 21: that that underestimated how slow the economy had been, and 724 00:35:24,640 --> 00:35:26,840 Speaker 21: they'll have to reflect on that as they make future 725 00:35:26,840 --> 00:35:27,840 Speaker 21: interest rate decisions. 726 00:35:28,200 --> 00:35:31,120 Speaker 2: What I think the problem is is that it's going 727 00:35:31,160 --> 00:35:33,600 Speaker 2: to knock people's confidence in the institutions. Don't you think 728 00:35:34,360 --> 00:35:36,760 Speaker 2: is going to knock confidence in the Reserve Bank's ability 729 00:35:36,760 --> 00:35:38,600 Speaker 2: to see what is actually going on and do the 730 00:35:38,680 --> 00:35:40,719 Speaker 2: right thing with the ocr It is going to knock 731 00:35:40,760 --> 00:35:43,640 Speaker 2: people's confidence even in the government because you guys have 732 00:35:43,680 --> 00:35:45,680 Speaker 2: been saying for the longest time there are green shoots, 733 00:35:45,719 --> 00:35:48,520 Speaker 2: it's fine, we're on track, and then get this massive contraction, 734 00:35:48,800 --> 00:35:51,279 Speaker 2: maybe even in bank economists who haven't seen it. And 735 00:35:51,360 --> 00:35:53,120 Speaker 2: there's the problem, isn't it is that if you don't 736 00:35:53,120 --> 00:35:54,560 Speaker 2: know who to trust, you just keep your money in 737 00:35:54,560 --> 00:35:55,000 Speaker 2: your wallet. 738 00:35:55,840 --> 00:35:58,760 Speaker 21: Well, it's always the case that forecasts are crystal balls, 739 00:35:58,880 --> 00:36:02,200 Speaker 21: and no can ever be completely definitive. I think you 740 00:36:02,239 --> 00:36:05,359 Speaker 21: have seen the Reserve Bank pivot in August where they 741 00:36:05,400 --> 00:36:08,080 Speaker 21: really focused at that point on the downside risks to 742 00:36:08,120 --> 00:36:12,240 Speaker 21: growth and did price in that additional interest rate reduction. 743 00:36:12,760 --> 00:36:16,080 Speaker 21: For our part as a government, this reinforces why it 744 00:36:16,120 --> 00:36:18,960 Speaker 21: is not the time to be increasing taxes, Why we 745 00:36:19,000 --> 00:36:22,400 Speaker 21: should be doing the investment boost, tax deduction for businesses 746 00:36:22,440 --> 00:36:26,400 Speaker 21: making investments. Why we must fast track projects despite the 747 00:36:26,480 --> 00:36:29,279 Speaker 21: cries from environmentalists and others. We need to see that 748 00:36:29,360 --> 00:36:32,400 Speaker 21: activity happening. Why we must say yes to more overseas 749 00:36:32,440 --> 00:36:35,000 Speaker 21: investment and trade. We must get those spades in the 750 00:36:35,000 --> 00:36:38,560 Speaker 21: ground on the government's own infrastructure projects. All of the 751 00:36:38,600 --> 00:36:41,399 Speaker 21: activity that we're doing is more needed than ever, and 752 00:36:41,600 --> 00:36:45,040 Speaker 21: an alternative course of just simply borrowing more and spending 753 00:36:45,080 --> 00:36:48,200 Speaker 21: more would not have done anything to fix the second 754 00:36:48,239 --> 00:36:48,840 Speaker 21: quarter result. 755 00:36:49,040 --> 00:36:50,320 Speaker 2: It looks to me like we're going to get it. 756 00:36:50,680 --> 00:36:52,960 Speaker 2: I mean, it must at least be a serious possibility 757 00:36:52,960 --> 00:36:55,800 Speaker 2: that we get a fifty basis point cut next month. Yeah. 758 00:36:55,840 --> 00:36:59,360 Speaker 21: Well, I've seen bank economists are predicting that others are 759 00:36:59,400 --> 00:37:01,680 Speaker 21: more cautious and their outlock ultimately will be for the 760 00:37:01,719 --> 00:37:02,800 Speaker 21: Reserve Bank to decide. 761 00:37:03,160 --> 00:37:05,560 Speaker 2: Nichola, thank you for your time. Nichola Willis Finance Minister. 762 00:37:06,760 --> 00:37:09,680 Speaker 3: Ever duper c Ellen, self driving. 763 00:37:09,360 --> 00:37:11,319 Speaker 2: Cars are no longer a thing of the future in 764 00:37:11,360 --> 00:37:14,760 Speaker 2: New Zealand. Tesla has switched on their full self driving 765 00:37:14,800 --> 00:37:17,480 Speaker 2: feature for the country overnight, which means we will now 766 00:37:17,560 --> 00:37:20,200 Speaker 2: have motorists with their hands off the wheel potentially on 767 00:37:20,239 --> 00:37:23,000 Speaker 2: our oads. Greg Murphy is a key WE motorsabalet champ 768 00:37:23,000 --> 00:37:26,399 Speaker 2: and a road safety advocate and with us. Hey Greg, Hi, 769 00:37:26,640 --> 00:37:28,840 Speaker 2: how are you well but a bit nervous about this? 770 00:37:28,920 --> 00:37:29,480 Speaker 2: How about you? 771 00:37:31,239 --> 00:37:32,840 Speaker 22: Well, I think you've sort of got to read the 772 00:37:32,840 --> 00:37:35,400 Speaker 22: fine for a little bit too. I think it's actually 773 00:37:35,480 --> 00:37:37,600 Speaker 22: quite convoluted and how Tesler have come out with this 774 00:37:37,840 --> 00:37:43,439 Speaker 22: full self driving supervised in brackets. It does not make 775 00:37:43,520 --> 00:37:46,960 Speaker 22: the car autonomous and is intended to be used only 776 00:37:47,000 --> 00:37:50,800 Speaker 22: with a full attentive driver. So I'm a little confused 777 00:37:51,000 --> 00:37:56,320 Speaker 22: by there's been sort of systems and some cars Tesla's 778 00:37:56,400 --> 00:37:59,000 Speaker 22: predominantly for a little while that you know, allow people 779 00:37:59,000 --> 00:38:01,279 Speaker 22: to take their hands off the wheels and pieces. But 780 00:38:01,360 --> 00:38:04,560 Speaker 22: it concerns me greatly. You've got to pay for this though, either, 781 00:38:04,800 --> 00:38:09,000 Speaker 22: you know, it's a money making scheme, no surprise, no 782 00:38:09,080 --> 00:38:11,719 Speaker 22: surprise whatsoever that it's money making scheme for Tesla. So 783 00:38:11,719 --> 00:38:15,440 Speaker 22: one hundred and fifty five per month subscription for model 784 00:38:15,480 --> 00:38:18,160 Speaker 22: three and why vehicles. I'm concerned that people are going 785 00:38:18,239 --> 00:38:20,759 Speaker 22: to do this because they think it's cool. 786 00:38:20,280 --> 00:38:23,279 Speaker 8: And they think it's you know, it's a bit of 787 00:38:23,280 --> 00:38:24,279 Speaker 8: a fad thing. Again. 788 00:38:24,320 --> 00:38:25,719 Speaker 22: It's like I want to be the first to have 789 00:38:26,080 --> 00:38:28,120 Speaker 22: be able to drive around or have my car drive 790 00:38:28,120 --> 00:38:29,240 Speaker 22: me around with the hands off the wheel. 791 00:38:29,680 --> 00:38:31,080 Speaker 8: It really concerns me greatly. 792 00:38:31,440 --> 00:38:33,960 Speaker 22: To be fair, I mean, Tesla have got a haven't 793 00:38:34,000 --> 00:38:36,280 Speaker 22: got a clean record when it comes to their autonomous 794 00:38:36,320 --> 00:38:39,279 Speaker 22: vehicles around the world, with a few lawsuits that have 795 00:38:39,320 --> 00:38:44,040 Speaker 22: taken place in various places. So the best way to 796 00:38:44,080 --> 00:38:46,840 Speaker 22: be in a car if you are behind the steering 797 00:38:46,840 --> 00:38:48,880 Speaker 22: wheel is to be in control and be paying attention. 798 00:38:49,840 --> 00:38:53,560 Speaker 22: They are sort of saying, oh, well, this makes it easier, safer, 799 00:38:53,680 --> 00:38:58,640 Speaker 22: less stressful, like cruise control on steroids. To me, it 800 00:38:58,760 --> 00:39:02,080 Speaker 22: sounds dangerous and very risky and it concerns me greatly. 801 00:39:02,160 --> 00:39:03,480 Speaker 2: Yeah, I don't love the sound of it. Okay, what 802 00:39:03,520 --> 00:39:05,759 Speaker 2: are the rules? I mean, does the road rule that 803 00:39:05,920 --> 00:39:07,919 Speaker 2: do the road leaves here in New Zealand actually allow 804 00:39:07,960 --> 00:39:09,640 Speaker 2: for you to be in control of the vehicle with 805 00:39:09,680 --> 00:39:10,760 Speaker 2: your hands off the wheel. 806 00:39:12,400 --> 00:39:15,200 Speaker 22: That is a very good question that I don't have 807 00:39:15,239 --> 00:39:18,279 Speaker 22: the detail on it, and I'm picking based on when I 808 00:39:18,280 --> 00:39:20,560 Speaker 22: spoke to you producer earlier. No one seems to know 809 00:39:20,760 --> 00:39:22,799 Speaker 22: and no one seems to want to comment on it 810 00:39:22,840 --> 00:39:27,080 Speaker 22: from a regulatory perspective, So I don't know if there 811 00:39:27,120 --> 00:39:30,799 Speaker 22: is something written about it or not. But being that 812 00:39:31,320 --> 00:39:34,080 Speaker 22: the government hasn't seen anything in ZTA hasn't seen anything, 813 00:39:34,160 --> 00:39:35,160 Speaker 22: mot hasn't said anything. 814 00:39:35,480 --> 00:39:37,400 Speaker 8: Do they even know this was happening? Is it allowed 815 00:39:37,440 --> 00:39:38,160 Speaker 8: to actually happen? 816 00:39:38,600 --> 00:39:41,680 Speaker 22: I'm not really sure of what the regulations and rules 817 00:39:41,680 --> 00:39:45,279 Speaker 22: say about this, but as I said, you know, we've 818 00:39:45,320 --> 00:39:47,960 Speaker 22: got enough issues and they're probably claiming that this is 819 00:39:48,000 --> 00:39:49,719 Speaker 22: going to make it safe because our cars and our 820 00:39:49,760 --> 00:39:53,120 Speaker 22: cameras and the technology is going to be take some 821 00:39:53,200 --> 00:39:56,200 Speaker 22: of that risk away from drivers that you know, are 822 00:39:56,719 --> 00:40:00,440 Speaker 22: you know that do make mistakes, aren't attentive, aren't focused, 823 00:40:00,719 --> 00:40:01,160 Speaker 22: and are. 824 00:40:01,040 --> 00:40:03,239 Speaker 8: Distracted, so let's let the car do that. 825 00:40:03,280 --> 00:40:06,319 Speaker 22: Well, I'm not convinced that that is the way to 826 00:40:06,360 --> 00:40:07,360 Speaker 22: go about it. 827 00:40:07,600 --> 00:40:07,839 Speaker 4: You know. 828 00:40:07,920 --> 00:40:10,040 Speaker 8: And again it says you need to be attentive. 829 00:40:10,040 --> 00:40:11,800 Speaker 22: There's a whole loer of rules written in the article 830 00:40:11,800 --> 00:40:13,440 Speaker 22: about what you've got to do and what the car 831 00:40:13,480 --> 00:40:16,080 Speaker 22: will tell you to do if it senses that you're 832 00:40:16,120 --> 00:40:19,560 Speaker 22: not being attentive. So a little bit of information and 833 00:40:19,640 --> 00:40:21,839 Speaker 22: a little bit of knowledge by some people could be very, 834 00:40:21,920 --> 00:40:25,560 Speaker 22: very dangerous if they're expecting that this is going to 835 00:40:25,600 --> 00:40:29,279 Speaker 22: do something that it actually doesn't do. And again that's 836 00:40:29,320 --> 00:40:31,760 Speaker 22: a problem because a lot of technology and cars these days, 837 00:40:31,800 --> 00:40:34,520 Speaker 22: people understand a little bit about they rely on it 838 00:40:34,600 --> 00:40:36,600 Speaker 22: and they shouldn't rely on it. And that's because we 839 00:40:36,640 --> 00:40:39,960 Speaker 22: don't train, we don't prepare people for these things and 840 00:40:40,080 --> 00:40:41,719 Speaker 22: so that they understand what they've actually got. 841 00:40:42,239 --> 00:40:46,000 Speaker 2: Yeah, Greg, thanks well, said Greg Murphy, sport ke we 842 00:40:46,040 --> 00:40:47,760 Speaker 2: motorsport champion and road safety advocate. 843 00:40:47,840 --> 00:40:48,000 Speaker 13: Yeah. 844 00:40:48,000 --> 00:40:50,480 Speaker 2: So we called the police, and we called the NZTA, 845 00:40:50,560 --> 00:40:52,680 Speaker 2: we called the Ministry of for Transport, we called the 846 00:40:52,719 --> 00:40:55,080 Speaker 2: AA and none of them wanted to talk about this. 847 00:40:55,520 --> 00:40:57,480 Speaker 2: And we're not clear why, but it may be a 848 00:40:57,560 --> 00:41:01,040 Speaker 2: lack of understanding about the rules as possibly part of it. Listen, 849 00:41:01,120 --> 00:41:03,640 Speaker 2: let's deal next with the crusader's ticket pricing. I've got 850 00:41:03,640 --> 00:41:05,520 Speaker 2: a text here saying actually Heather, it's one hundred and 851 00:41:05,560 --> 00:41:08,200 Speaker 2: twenty seven US dollars to go to watch the Cleveland Browns, 852 00:41:08,480 --> 00:41:13,120 Speaker 2: So the Crusader Canterbury prices actually sound fairly reasonable. Talk 853 00:41:13,160 --> 00:41:16,440 Speaker 2: to Mick Beauley about that quarter past. Big news for 854 00:41:16,480 --> 00:41:19,480 Speaker 2: both business and nature lovers. One New Zealand has just 855 00:41:19,560 --> 00:41:22,040 Speaker 2: teamed up with the Department of Conservation in a partnership 856 00:41:22,120 --> 00:41:26,000 Speaker 2: that's all about protecting New Zealand's unique biodiversity using the 857 00:41:26,040 --> 00:41:28,800 Speaker 2: power of technology. So DOC has named One New Zealand 858 00:41:28,800 --> 00:41:32,400 Speaker 2: a new national Conservation partner and a collaboration that's expected 859 00:41:32,440 --> 00:41:36,080 Speaker 2: to direct about fourteen million dollars into supporting and protecting 860 00:41:36,160 --> 00:41:38,560 Speaker 2: nature over the coming years. Now, thanks to One New 861 00:41:38,640 --> 00:41:41,440 Speaker 2: Zealand's cutting edge satellite to sal Tech, dock rangers are 862 00:41:41,480 --> 00:41:43,600 Speaker 2: soon going to have better connectivity while they're out there 863 00:41:43,600 --> 00:41:47,080 Speaker 2: doing their work. That will enable safer fieldwork, faster data collection, 864 00:41:47,160 --> 00:41:50,360 Speaker 2: smarter decisions in some of New Zealand's most remote places. 865 00:41:50,560 --> 00:41:53,800 Speaker 2: One New Zealand satellite text is already proving really valuable 866 00:41:53,800 --> 00:41:56,480 Speaker 2: in past where the dock rangers protect the Kiwi. It 867 00:41:56,520 --> 00:41:58,400 Speaker 2: allows them to keep in touch with base, get the 868 00:41:58,440 --> 00:42:01,080 Speaker 2: weather updates, request help of the need it as one. 869 00:42:01,120 --> 00:42:04,200 Speaker 2: New Zealand CEO Jason Powers says, this is about using 870 00:42:04,200 --> 00:42:07,440 Speaker 2: technology to help preserve our natural heritage. It's a powerful 871 00:42:07,480 --> 00:42:12,400 Speaker 2: combo of business smarts and environmental care, better connectivity, better 872 00:42:12,400 --> 00:42:15,120 Speaker 2: conservation and a win win for New Zealand. 873 00:42:15,200 --> 00:42:16,360 Speaker 3: Heather dooperla. 874 00:42:16,840 --> 00:42:18,719 Speaker 2: By the way, as I've mentioned, there are now a 875 00:42:18,800 --> 00:42:21,960 Speaker 2: lot of calls from major banks for a fifty basis 876 00:42:21,960 --> 00:42:24,800 Speaker 2: point cut next month and then twenty five in November. 877 00:42:24,880 --> 00:42:27,200 Speaker 2: We're going to have a chat to Cali Ecold of 878 00:42:27,320 --> 00:42:30,279 Speaker 2: Westpac after six o'clock. Right now, it's nineteen past five. Now. 879 00:42:30,520 --> 00:42:34,840 Speaker 2: Some Crusaders fans are really unhappy at next season's membership prices. 880 00:42:35,040 --> 00:42:37,160 Speaker 2: Costs are jumping by up to forty percent as the 881 00:42:37,200 --> 00:42:40,080 Speaker 2: team moves into the new stadium. Nick Bewley is the 882 00:42:40,080 --> 00:42:43,160 Speaker 2: Newstalk ZB Crusader's commentator and with us Hello, Nick. 883 00:42:43,880 --> 00:42:44,439 Speaker 23: Good day, Heather. 884 00:42:44,640 --> 00:42:46,480 Speaker 2: Is this value for money or is it a ripoff? 885 00:42:48,320 --> 00:42:48,720 Speaker 3: Well? 886 00:42:48,920 --> 00:42:51,799 Speaker 23: As Colin Man's, which of the Crusader's CEO, puts, the 887 00:42:52,000 --> 00:42:55,759 Speaker 23: experience will be akin to driving ferrari as opposed to 888 00:42:55,800 --> 00:42:59,279 Speaker 23: a Ford Katina going from the central city or going 889 00:42:59,320 --> 00:43:02,000 Speaker 23: from the Addington Stadium to the Central City. Stadium which 890 00:43:02,000 --> 00:43:04,040 Speaker 23: is online in April next year, and I kind of 891 00:43:04,080 --> 00:43:07,000 Speaker 23: get where he's coming from. However, the fact of the 892 00:43:07,000 --> 00:43:10,000 Speaker 23: matter is the Crusaders have seven home games in this 893 00:43:10,719 --> 00:43:13,640 Speaker 23: what makes up your membership ticket next year, three of 894 00:43:13,680 --> 00:43:16,080 Speaker 23: which are still out at the old stadium in Addington, 895 00:43:16,440 --> 00:43:19,880 Speaker 23: four in the new stadiums. That's probably why some fans 896 00:43:19,880 --> 00:43:22,800 Speaker 23: are most upset. But to be perfectly honest, I felt 897 00:43:22,800 --> 00:43:25,480 Speaker 23: like it was always going to be a big jump 898 00:43:25,640 --> 00:43:28,719 Speaker 23: because the stadium costs well over or almost at least 899 00:43:28,719 --> 00:43:29,640 Speaker 23: half a billion dollars. 900 00:43:29,760 --> 00:43:32,120 Speaker 2: Yeah, so am I reading this right? The adult reserved 901 00:43:32,160 --> 00:43:34,480 Speaker 2: seating which cost one hundred and forty dollars is now 902 00:43:34,520 --> 00:43:36,719 Speaker 2: going to jump up to about one four hundred and 903 00:43:36,719 --> 00:43:37,680 Speaker 2: fifty dollars. 904 00:43:38,400 --> 00:43:39,880 Speaker 23: The numbers I've got in front of me, Heather, so 905 00:43:40,040 --> 00:43:42,480 Speaker 23: they have. The silver for this year was one hundred 906 00:43:42,520 --> 00:43:46,200 Speaker 23: and forty for the season, so seven games twenty bucks 907 00:43:46,239 --> 00:43:49,399 Speaker 23: a game. Effectively, that's now at two seven nine, so 908 00:43:49,480 --> 00:43:52,359 Speaker 23: that's effectively double. So these are seats that are behind 909 00:43:52,400 --> 00:43:55,200 Speaker 23: the posts for those who are familiar with rugby. For 910 00:43:55,440 --> 00:43:58,279 Speaker 23: the gold seating, two hundred ninety bucks this year, four 911 00:43:58,360 --> 00:44:01,400 Speaker 23: hundred and fifty five next year. These are all adult 912 00:44:01,400 --> 00:44:03,879 Speaker 23: prices by the way, a premium or three eighty five 913 00:44:03,960 --> 00:44:08,040 Speaker 23: seven five, Yes, well, obviously there's there's just more capacity 914 00:44:08,080 --> 00:44:11,400 Speaker 23: for the corporate hospitality and VIP seating, et cetera. When 915 00:44:11,440 --> 00:44:13,920 Speaker 23: you go from a fifteen thousand seat stadium to a 916 00:44:13,960 --> 00:44:16,200 Speaker 23: thirty thousand seat stadium, you can pay upwards of three 917 00:44:16,640 --> 00:44:18,400 Speaker 23: two hundred dollars for a season pass. 918 00:44:18,400 --> 00:44:18,920 Speaker 8: It gets you. 919 00:44:18,880 --> 00:44:22,480 Speaker 23: Into what's dubbed the Auto Tahi Lounge, all sorts of perks, 920 00:44:22,560 --> 00:44:26,840 Speaker 23: lovely fancy chair. I see even here it says luxurious toilets. 921 00:44:27,440 --> 00:44:30,760 Speaker 23: So look, it's a completely different experience that the premium 922 00:44:30,840 --> 00:44:33,560 Speaker 23: offering at Apollo Project Stadium in Addington was five hundred 923 00:44:33,560 --> 00:44:37,239 Speaker 23: and seventy five. So it obviously is more, but I 924 00:44:37,280 --> 00:44:40,399 Speaker 23: go back to the point that it is a very 925 00:44:40,400 --> 00:44:44,799 Speaker 23: different experience. It may price a few people out, which 926 00:44:44,840 --> 00:44:49,560 Speaker 23: is unfortunate, but this is the reality of the new 927 00:44:49,600 --> 00:44:52,440 Speaker 23: stadium and christ Church and also the reality of having 928 00:44:52,719 --> 00:44:56,240 Speaker 23: a substandard stadium for the last fourteen years. 929 00:44:56,360 --> 00:44:58,920 Speaker 2: Good stuff, Nick, Thanks very much, Nick Buley News Talks. 930 00:44:58,920 --> 00:45:02,520 Speaker 2: It'd be crusaders common five hundred and seventy five dollars 931 00:45:02,560 --> 00:45:05,600 Speaker 2: for the premium membership up to three two hundred, whoof 932 00:45:06,480 --> 00:45:08,520 Speaker 2: South Island's doing well if you can afford that? 933 00:45:08,560 --> 00:45:12,200 Speaker 3: Five twenty two A hard questions, strong opinion. 934 00:45:12,400 --> 00:45:15,719 Speaker 1: Heather Duplicy Ellen Drive with one New Zealand tand of 935 00:45:15,840 --> 00:45:18,480 Speaker 1: Power of Satellite Mobile News Dog said, be. 936 00:45:19,400 --> 00:45:22,560 Speaker 2: Uh five point twenty four. Right, let's talk about Jimmy Kimmel. Now, 937 00:45:22,880 --> 00:45:24,680 Speaker 2: I'm not a fan of Jimmy Kimmel. I don't find 938 00:45:24,760 --> 00:45:26,799 Speaker 2: Jimmy Kimmel funny. But then I don't find any of 939 00:45:26,840 --> 00:45:31,319 Speaker 2: that Late Night US humor particularly funny. However, I do 940 00:45:31,480 --> 00:45:33,799 Speaker 2: not think that what he said about Charlie Kirk's death 941 00:45:33,840 --> 00:45:35,840 Speaker 2: was bad enough to get him fired. So what he 942 00:45:35,880 --> 00:45:38,400 Speaker 2: said is we hit some new lows over the weekend 943 00:45:38,440 --> 00:45:41,080 Speaker 2: with the Maga gang desperately trying to characterize this kid 944 00:45:41,080 --> 00:45:43,640 Speaker 2: who murdered Charlie Kirk as anything other than one of 945 00:45:43,680 --> 00:45:46,200 Speaker 2: them and doing everything they can to score political points 946 00:45:46,200 --> 00:45:49,000 Speaker 2: from it. And then he questioned how upset Donald Trump 947 00:45:49,080 --> 00:45:52,400 Speaker 2: really was, saying, this is not how an adult grieves 948 00:45:52,440 --> 00:45:54,759 Speaker 2: the murder of someone he called a friend. This is 949 00:45:54,800 --> 00:45:58,319 Speaker 2: how a four year old mourns a goldfish. Now, look, yes, 950 00:45:58,520 --> 00:46:01,400 Speaker 2: that is tone death, but it is not a sackable offense. 951 00:46:01,440 --> 00:46:03,560 Speaker 2: In fact, I would argue that it's fair for commentators, 952 00:46:03,600 --> 00:46:06,120 Speaker 2: which he broadly is, to point out if they think 953 00:46:06,160 --> 00:46:09,480 Speaker 2: politicians are scoring political points on grief, which I think 954 00:46:09,560 --> 00:46:13,040 Speaker 2: some undoubtedly are. Now that is not to excuse everything 955 00:46:13,320 --> 00:46:15,319 Speaker 2: that has been said about Charlie Kirk. There are way 956 00:46:15,320 --> 00:46:17,800 Speaker 2: too many people online and on television and on various 957 00:46:17,840 --> 00:46:21,160 Speaker 2: other publications in the US particularly who have celebrated Charlie 958 00:46:21,200 --> 00:46:23,960 Speaker 2: Kirk's murder and have suggested that he basically got what 959 00:46:24,000 --> 00:46:27,640 Speaker 2: he was asking for. I find that sentiment unacceptable, and 960 00:46:27,680 --> 00:46:30,280 Speaker 2: in some cases I do find it a sackable offense. 961 00:46:30,760 --> 00:46:33,600 Speaker 2: But this is not a sackable offense. What I object 962 00:46:33,600 --> 00:46:36,000 Speaker 2: to here with what's happened is that we have just 963 00:46:36,040 --> 00:46:38,880 Speaker 2: flipped cancel culture, haven't we. And for the longest time, 964 00:46:39,239 --> 00:46:41,160 Speaker 2: people on the right were scared to say the wrong 965 00:46:41,200 --> 00:46:43,680 Speaker 2: thing because if they did then people on the left 966 00:46:43,680 --> 00:46:45,959 Speaker 2: would get them canceled. We have just reversed that. Now 967 00:46:46,400 --> 00:46:48,040 Speaker 2: now it is people on the left who are getting 968 00:46:48,040 --> 00:46:50,239 Speaker 2: canceled by people on the right, and it's presumably because 969 00:46:50,239 --> 00:46:53,000 Speaker 2: it's the right that is largely in power. And this 970 00:46:53,080 --> 00:46:55,440 Speaker 2: includes by the way, Jade Vance, the Vice president who 971 00:46:55,440 --> 00:46:58,680 Speaker 2: has celebrated a mass doxing attempt to find and name 972 00:46:58,719 --> 00:47:01,440 Speaker 2: people who are celebrating Childie Kirk's murder. This is not 973 00:47:01,560 --> 00:47:04,640 Speaker 2: a good outcome for anyone. People on the right should 974 00:47:04,640 --> 00:47:07,120 Speaker 2: know better than this because they have lived through being 975 00:47:07,400 --> 00:47:09,319 Speaker 2: the subject of cancel culture and they know how much 976 00:47:09,320 --> 00:47:12,040 Speaker 2: it sucks. No one should be canceled for saying something 977 00:47:12,080 --> 00:47:16,719 Speaker 2: as off yes, but still as innocuous as Jimmy Kimmel. 978 00:47:16,480 --> 00:47:18,440 Speaker 3: Has Heather dupless. 979 00:47:18,920 --> 00:47:20,759 Speaker 2: We're gonna put that to the huddle shortly. Also, by 980 00:47:20,800 --> 00:47:24,759 Speaker 2: the way, you know this, this this outfit AURA that's 981 00:47:24,760 --> 00:47:26,880 Speaker 2: been doing all of the facial recognition all of the 982 00:47:26,920 --> 00:47:30,440 Speaker 2: you know, the the retailers post their like shoplifting stuff 983 00:47:30,480 --> 00:47:32,120 Speaker 2: to it. It goes to the cops, the cops. It's helped. 984 00:47:32,120 --> 00:47:34,600 Speaker 2: It's been helping the cops like crazy to solve various 985 00:47:34,640 --> 00:47:37,200 Speaker 2: shoplifting and stuff like that. They are now going to 986 00:47:37,239 --> 00:47:40,440 Speaker 2: run the trial to test the live facial recognition stuff 987 00:47:40,480 --> 00:47:43,359 Speaker 2: in supermarkets. We're going to talk to the global head 988 00:47:43,360 --> 00:47:45,680 Speaker 2: of risk about that. He's going to be with us 989 00:47:45,680 --> 00:47:49,160 Speaker 2: straight after the news. Heather elections are won and lost. 990 00:47:49,200 --> 00:47:51,320 Speaker 2: On the economy, it's not looking good for a second. 991 00:47:51,400 --> 00:47:57,879 Speaker 2: National term well fair bet of water to go under 992 00:47:57,920 --> 00:48:01,040 Speaker 2: the bridge between now and the next election. How I 993 00:48:01,120 --> 00:48:03,319 Speaker 2: largely agree with that sentiment. This is not looking good, 994 00:48:03,400 --> 00:48:05,160 Speaker 2: especially when you look at that that polar came out 995 00:48:05,160 --> 00:48:08,160 Speaker 2: a couple of days ago, suggesting National is actually coppying 996 00:48:08,160 --> 00:48:09,880 Speaker 2: the blame in a burg way for what's going on 997 00:48:09,920 --> 00:48:12,160 Speaker 2: with the economy. Anyway, we'll put that to the huddle. 998 00:48:12,840 --> 00:48:14,400 Speaker 2: They're gonna be us shortly, News talks d. 999 00:48:17,719 --> 00:48:20,000 Speaker 3: Digging deeper into the day's headlines. 1000 00:48:20,200 --> 00:48:23,640 Speaker 1: It's heather of duplicy Ellen drive with one New Zealand 1001 00:48:23,800 --> 00:48:26,120 Speaker 1: coverage like no one else news talks. 1002 00:48:26,160 --> 00:48:27,840 Speaker 3: That'd be you were my. 1003 00:48:29,800 --> 00:48:32,480 Speaker 4: I'm dreaming, you trying to dream? 1004 00:48:36,640 --> 00:48:38,719 Speaker 2: All right, we have the huddle standing by Phil Goff 1005 00:48:38,760 --> 00:48:40,759 Speaker 2: and Thomas Scrimger will be with us. By the way, 1006 00:48:41,440 --> 00:48:44,320 Speaker 2: Roger Douglas is now calling for Nikola Willis to resign. 1007 00:48:44,360 --> 00:48:47,200 Speaker 2: It's both he and Robert mcculluch. Robert McCulloch being the 1008 00:48:48,040 --> 00:48:51,640 Speaker 2: macroeconomics professor from the University of Auckland. They say the 1009 00:48:51,680 --> 00:48:54,120 Speaker 2: GDP print out today is partly her fault because she's 1010 00:48:54,160 --> 00:48:56,480 Speaker 2: sending New Zealand bankrupt by failure to get to grips 1011 00:48:56,520 --> 00:48:59,480 Speaker 2: with our ballooning fiscal deficits and public debt, her own 1012 00:48:59,480 --> 00:49:01,759 Speaker 2: treasury on predicts who claim that New Zealand is on 1013 00:49:01,800 --> 00:49:04,520 Speaker 2: a path to surplus. It is not. Willis is not 1014 00:49:04,600 --> 00:49:06,080 Speaker 2: up to the job and is not leveling with the 1015 00:49:06,080 --> 00:49:09,960 Speaker 2: New Zealand public. Twenty four away from six. Now, you 1016 00:49:10,040 --> 00:49:13,440 Speaker 2: know this company that's helped retailers much more easily report 1017 00:49:13,480 --> 00:49:16,520 Speaker 2: shoplifting incidents to police, it's now going one step further. 1018 00:49:16,560 --> 00:49:20,239 Speaker 2: It's trialing live facial recognition technology. The new tech will 1019 00:49:20,239 --> 00:49:22,319 Speaker 2: alert retailers when someone walks in the door who has 1020 00:49:22,320 --> 00:49:25,720 Speaker 2: previously been flagged for serious offending. Nick McDonald is aura's 1021 00:49:25,760 --> 00:49:29,160 Speaker 2: global head of risk and with us. Hey, Nick got 1022 00:49:29,280 --> 00:49:29,560 Speaker 2: to hear that. 1023 00:49:29,600 --> 00:49:30,440 Speaker 14: How are you very well? 1024 00:49:30,480 --> 00:49:31,799 Speaker 2: Thank you? So how does this work? Is it the 1025 00:49:31,840 --> 00:49:34,920 Speaker 2: case the shoplifter walks in CCTV picks up the face, 1026 00:49:35,239 --> 00:49:37,640 Speaker 2: your tech alerts the shop that someone dodgy is there. 1027 00:49:38,920 --> 00:49:40,200 Speaker 8: Yeah, essentially, that's right. 1028 00:49:40,360 --> 00:49:45,680 Speaker 24: So the alert that's sent to the frontline shop workers 1029 00:49:45,760 --> 00:49:49,320 Speaker 24: based on the previous behavior of the person in the store. 1030 00:49:49,400 --> 00:49:51,800 Speaker 24: So that could be that they have been carrying a weapon, 1031 00:49:51,840 --> 00:49:55,000 Speaker 24: they've assaulted a staff member, that sort of thing, and 1032 00:49:55,040 --> 00:49:57,200 Speaker 24: then that will alert them to say, hey, is this 1033 00:49:57,280 --> 00:50:01,520 Speaker 24: the same person purely for identification per only with a 1034 00:50:01,520 --> 00:50:03,959 Speaker 24: lot of those safeguards built into the system as well 1035 00:50:04,000 --> 00:50:06,239 Speaker 24: to make sure we're protecting the privacy of the good 1036 00:50:06,239 --> 00:50:08,360 Speaker 24: people who haven't actually offended in the stores. 1037 00:50:08,560 --> 00:50:08,840 Speaker 25: Okay. 1038 00:50:08,880 --> 00:50:10,759 Speaker 2: So, and at that point, it's basically up to the 1039 00:50:10,800 --> 00:50:13,160 Speaker 2: storekeepers how they deal with it, whether they refer it 1040 00:50:13,200 --> 00:50:13,839 Speaker 2: to the police or. 1041 00:50:13,800 --> 00:50:17,600 Speaker 24: What that's right, and even how they respond. There's lots 1042 00:50:17,640 --> 00:50:19,680 Speaker 24: of different ways they can respond. They can greet the 1043 00:50:19,719 --> 00:50:22,279 Speaker 24: person and as they walk in, or they might not 1044 00:50:22,320 --> 00:50:24,920 Speaker 24: approach at all because the person's been known to be 1045 00:50:25,600 --> 00:50:27,960 Speaker 24: violent or aggressive or carry a weapon, but it just 1046 00:50:28,000 --> 00:50:32,279 Speaker 24: gives them that really critical moment's notice so they can 1047 00:50:32,400 --> 00:50:34,360 Speaker 24: respond better and keep themselves safe. 1048 00:50:35,200 --> 00:50:38,480 Speaker 2: Is this information that will be shared between stores? So, 1049 00:50:38,600 --> 00:50:41,960 Speaker 2: for example, if the person has walked into another different store, 1050 00:50:42,080 --> 00:50:45,279 Speaker 2: totally different town, totally different kind of retailer, can I 1051 00:50:45,320 --> 00:50:47,640 Speaker 2: get alerted in my store that that person's a dodgy one. 1052 00:50:49,000 --> 00:50:50,760 Speaker 3: So the way in which we is a great question. 1053 00:50:50,800 --> 00:50:52,799 Speaker 24: The way in which we've built the system and built 1054 00:50:52,840 --> 00:50:56,120 Speaker 24: the solution for retailers is that we want them within 1055 00:50:56,160 --> 00:50:58,920 Speaker 24: their own information that they already have in our system. 1056 00:50:59,200 --> 00:51:01,440 Speaker 24: We want them to be able to keep their stores safe. 1057 00:51:01,680 --> 00:51:03,640 Speaker 24: So we're not going to share this or they're not 1058 00:51:03,680 --> 00:51:07,200 Speaker 24: planning to share this between retailers, but within their own 1059 00:51:07,239 --> 00:51:10,359 Speaker 24: store network, the expectation is that they would be able 1060 00:51:10,360 --> 00:51:12,560 Speaker 24: to share it because there is a need for that 1061 00:51:12,640 --> 00:51:15,400 Speaker 24: and they've got an obligation to keep their staff across 1062 00:51:15,440 --> 00:51:18,480 Speaker 24: their store network safe. But the key bit here, and 1063 00:51:18,920 --> 00:51:21,960 Speaker 24: this is a really important point. We know that ten 1064 00:51:21,960 --> 00:51:25,160 Speaker 24: percent of offenders are causing sixty percent of the harm, 1065 00:51:25,400 --> 00:51:29,000 Speaker 24: and we know that those repeat organized offenders are steering 1066 00:51:29,239 --> 00:51:33,320 Speaker 24: and you committing these acts of violence across a wide 1067 00:51:33,400 --> 00:51:36,840 Speaker 24: geographic area, and so it's quite important for the store 1068 00:51:37,200 --> 00:51:39,839 Speaker 24: to be able to share that information in the right way. 1069 00:51:39,960 --> 00:51:42,960 Speaker 2: Hey, Now, given that shoplifting is proving to be quite 1070 00:51:43,040 --> 00:51:45,279 Speaker 2: a problem around the world, I would imagine that there 1071 00:51:45,320 --> 00:51:47,000 Speaker 2: is a fair bit of business that you guys might 1072 00:51:47,040 --> 00:51:49,120 Speaker 2: be able to do in places like Australia and the 1073 00:51:49,200 --> 00:51:49,920 Speaker 2: UK and stuff. 1074 00:51:51,280 --> 00:51:53,680 Speaker 24: Yeah, so we're already established in those markets and we 1075 00:51:53,719 --> 00:51:56,120 Speaker 24: work with some of the largest retailers in the world. 1076 00:51:56,160 --> 00:52:00,279 Speaker 24: And the thing that's really driving this is a few things. One, 1077 00:52:00,480 --> 00:52:04,320 Speaker 24: the crime has gotten more violent and that's a global trend. 1078 00:52:05,040 --> 00:52:08,400 Speaker 24: And it's organized as well, right. And then the technology 1079 00:52:08,520 --> 00:52:12,719 Speaker 24: that relates to the facial recognition element of this, which 1080 00:52:12,760 --> 00:52:16,200 Speaker 24: we don't build ourselves, we'll integrate with other providers of that, 1081 00:52:16,480 --> 00:52:19,680 Speaker 24: but that technology has gotten so much more accurate over 1082 00:52:19,719 --> 00:52:22,399 Speaker 24: the last two years, three years even. 1083 00:52:23,320 --> 00:52:24,319 Speaker 8: And then, of course. 1084 00:52:24,520 --> 00:52:27,359 Speaker 24: The retail leaders that we work with are telling us 1085 00:52:27,360 --> 00:52:30,600 Speaker 24: they've got an obligation, whether it's through law or just morally, 1086 00:52:30,680 --> 00:52:34,640 Speaker 24: to keep their people and their communities essentially safe. And 1087 00:52:34,680 --> 00:52:37,480 Speaker 24: so all of those factors combine, we think now's the 1088 00:52:37,520 --> 00:52:40,760 Speaker 24: time for us to step into this space quite proudly 1089 00:52:40,800 --> 00:52:42,520 Speaker 24: as well and support our customers. 1090 00:52:42,680 --> 00:52:44,319 Speaker 2: Good stuff. Hey, Nick, thank you very much for your time. 1091 00:52:44,360 --> 00:52:46,160 Speaker 2: Nick McDonald, Global head of Risk at AURA. 1092 00:52:47,480 --> 00:52:51,040 Speaker 1: The huddle with New Zealand Southeby's International Realty find your 1093 00:52:51,440 --> 00:52:52,200 Speaker 1: one of a kind. 1094 00:52:53,360 --> 00:52:55,000 Speaker 2: It's tweentty away from six And on the huddle of 1095 00:52:55,040 --> 00:52:58,320 Speaker 2: this evening we've got Thomas Scringer of the Maximum Institute 1096 00:52:58,360 --> 00:53:00,760 Speaker 2: in phil GoF former Auckland Mayor for my High Commissioner 1097 00:53:00,800 --> 00:53:04,440 Speaker 2: to the UK. Hello you two, Thomas. How are you 1098 00:53:04,480 --> 00:53:06,160 Speaker 2: feeling about that GDP number? 1099 00:53:07,440 --> 00:53:10,440 Speaker 12: Oh yeah, it's pretty concerning, I think, and certainly the 1100 00:53:10,440 --> 00:53:13,640 Speaker 12: government will be very, very unhappy with it. They've pitched, 1101 00:53:13,840 --> 00:53:15,640 Speaker 12: you know, a lot of their identity as a government 1102 00:53:15,640 --> 00:53:19,200 Speaker 12: of getting economic growth back. It's probably the flip side 1103 00:53:19,200 --> 00:53:21,279 Speaker 12: of their challenges. They claim they're going to be the 1104 00:53:21,320 --> 00:53:24,840 Speaker 12: ones to bring economic growth back. Governments don't actually create 1105 00:53:25,000 --> 00:53:27,440 Speaker 12: economic growth. There's a whole lot of things outside of 1106 00:53:27,440 --> 00:53:31,080 Speaker 12: their control, and now they're experiencing I guess the negative 1107 00:53:31,120 --> 00:53:32,840 Speaker 12: side of that. They were wanting to claim credit for 1108 00:53:33,120 --> 00:53:35,239 Speaker 12: the good news and now the bad news comes and 1109 00:53:35,280 --> 00:53:36,120 Speaker 12: they have to wear it. 1110 00:53:36,840 --> 00:53:38,399 Speaker 14: And Roger Douglas is right. 1111 00:53:38,520 --> 00:53:42,120 Speaker 12: We're still running a structural deficit within the four cast period. 1112 00:53:42,160 --> 00:53:45,120 Speaker 12: We're not returning to a surplus, so they have real challengesh. 1113 00:53:45,120 --> 00:53:47,080 Speaker 2: So when you say Roger Douglas is right, do you 1114 00:53:47,120 --> 00:53:49,440 Speaker 2: agree with Roger Douglass and Nicholaulas should resign. 1115 00:53:50,560 --> 00:53:53,480 Speaker 12: No, I'm saying Roger Douglas is right about the structural deficit. 1116 00:53:53,840 --> 00:53:55,560 Speaker 12: I'm not going to make a comment either way about 1117 00:53:55,880 --> 00:53:59,400 Speaker 12: the Finance Minister's future, but certainly it is a real challenge. 1118 00:53:59,640 --> 00:54:02,040 Speaker 12: She was talking a big game about getting us back 1119 00:54:02,080 --> 00:54:04,000 Speaker 12: to a balanced budget and we're not there. 1120 00:54:04,200 --> 00:54:08,000 Speaker 2: Yeah, now, Phil, what do you think about this? My 1121 00:54:08,080 --> 00:54:10,280 Speaker 2: concern I want to know if you share my concern. 1122 00:54:10,360 --> 00:54:12,720 Speaker 2: My concern is that we are so nervy and scared 1123 00:54:12,719 --> 00:54:14,520 Speaker 2: at the moment and worried about what's happening with the 1124 00:54:14,520 --> 00:54:16,200 Speaker 2: economy and whether we're through the worst of it, that 1125 00:54:16,280 --> 00:54:18,319 Speaker 2: any kind of bad news like this just sets us back. 1126 00:54:18,520 --> 00:54:19,279 Speaker 2: Do you worry about that? 1127 00:54:21,560 --> 00:54:23,319 Speaker 26: Yeah, a little. I mean you've got to face up 1128 00:54:23,360 --> 00:54:25,440 Speaker 26: to the reality though. I mean, this was a shocker 1129 00:54:25,480 --> 00:54:28,680 Speaker 26: of a result. The Reserve Bank said the quarter would 1130 00:54:28,680 --> 00:54:31,920 Speaker 26: decline by about zero point three, and it declined by 1131 00:54:32,000 --> 00:54:35,680 Speaker 26: three times more than that point nine, And that means 1132 00:54:35,719 --> 00:54:38,360 Speaker 26: three out of the last five quarters the economy has 1133 00:54:38,400 --> 00:54:43,040 Speaker 26: been in recession. Look, I'm not into calling for people 1134 00:54:43,080 --> 00:54:47,160 Speaker 26: to resign, but Roger Douglas is right that you've got 1135 00:54:47,200 --> 00:54:49,960 Speaker 26: to come clean on the fact that your deficit is 1136 00:54:50,000 --> 00:54:52,959 Speaker 26: continuing and you can't keep blaming. I mean, I found 1137 00:54:53,000 --> 00:54:55,279 Speaker 26: this even in England, you know, hearing Kirstarma blame the 1138 00:54:55,280 --> 00:54:58,560 Speaker 26: Conservatives for everything. I feel the same way when I hear, 1139 00:54:58,920 --> 00:55:01,560 Speaker 26: you know, the National par to hear blaming its predecessor. 1140 00:55:01,880 --> 00:55:04,759 Speaker 26: In the end, you know, nearly two years into your term, 1141 00:55:04,800 --> 00:55:07,760 Speaker 26: you've got to start taking responsibility for your own actions 1142 00:55:08,080 --> 00:55:11,279 Speaker 26: and whether they've been effective. And Douglas is right, as 1143 00:55:11,320 --> 00:55:14,719 Speaker 26: Treasury is right, You've got to start to address problems 1144 00:55:14,920 --> 00:55:19,480 Speaker 26: like you know, we're aging population, my generation, the baby boomers, 1145 00:55:19,480 --> 00:55:23,160 Speaker 26: more cost on superannuation, more cost on healthcare, and you 1146 00:55:23,200 --> 00:55:26,200 Speaker 26: can't turn a blind eye to that. So you've got 1147 00:55:26,239 --> 00:55:28,680 Speaker 26: to start addressing some of the underlying problems and take 1148 00:55:28,719 --> 00:55:30,919 Speaker 26: some of the hard decisions. And I don't think that's 1149 00:55:30,960 --> 00:55:32,359 Speaker 26: been done now. 1150 00:55:32,440 --> 00:55:35,759 Speaker 2: On the self driving Tesla's I'm I'm I'm a bit 1151 00:55:35,800 --> 00:55:39,920 Speaker 2: freach out. I mean, look, I'm totally overstating this, Thomas. 1152 00:55:39,960 --> 00:55:42,279 Speaker 2: I'm not freaked out. I'm a little bit nervous about it. 1153 00:55:42,320 --> 00:55:43,960 Speaker 2: How do you feel. 1154 00:55:44,680 --> 00:55:47,120 Speaker 12: Well, I'm mostly excited. I can't be worse than the 1155 00:55:47,120 --> 00:55:49,399 Speaker 12: average keiw We driver. I mean, you know, I've been 1156 00:55:49,480 --> 00:55:52,799 Speaker 12: known to be distracted before or tired, so I'm playing 1157 00:55:52,840 --> 00:55:55,480 Speaker 12: on your phone quite exciting. Oh no, never that. But 1158 00:55:55,600 --> 00:55:57,719 Speaker 12: you know we're not always at our best. So I 1159 00:55:57,760 --> 00:56:00,799 Speaker 12: think self driving cars are an exciting development. I do 1160 00:56:00,880 --> 00:56:03,719 Speaker 12: worry we're not ready for it in ZTA, seems like 1161 00:56:03,760 --> 00:56:06,680 Speaker 12: there might be a little off guard. Certainly, our legislation 1162 00:56:06,800 --> 00:56:09,239 Speaker 12: wasn't written with this sort of thing in mind, so 1163 00:56:09,440 --> 00:56:11,799 Speaker 12: We're going to have to adapt pretty quickly because it's 1164 00:56:11,840 --> 00:56:13,560 Speaker 12: just going to come faster and faster, more and more 1165 00:56:13,560 --> 00:56:14,839 Speaker 12: people will get excited about it. 1166 00:56:14,920 --> 00:56:17,040 Speaker 14: So, yeah, self driving cars work future. 1167 00:56:17,080 --> 00:56:18,640 Speaker 2: I don't know about you, Phil, but if I'm walking 1168 00:56:18,680 --> 00:56:20,640 Speaker 2: down the road and I see a Tesla coming from now, 1169 00:56:20,680 --> 00:56:22,520 Speaker 2: and I'm going to be clapping eyes on that thing 1170 00:56:22,800 --> 00:56:25,360 Speaker 2: like how, you know, just to avoid the kind of 1171 00:56:25,600 --> 00:56:26,719 Speaker 2: sudden swerve into me. 1172 00:56:27,760 --> 00:56:28,000 Speaker 6: Yeah. 1173 00:56:28,080 --> 00:56:31,839 Speaker 26: Look, I'm not hugely worried because currently you've still got 1174 00:56:31,840 --> 00:56:34,800 Speaker 26: to have a supervision. You've got to have somebody behind 1175 00:56:34,800 --> 00:56:38,279 Speaker 26: the wheel, even though the car is theoretically capable of 1176 00:56:38,320 --> 00:56:41,960 Speaker 26: being totally autonomous, So the rules in New Zealand, such 1177 00:56:42,000 --> 00:56:45,720 Speaker 26: as they are, require a fully intentive driver at all times. 1178 00:56:45,719 --> 00:56:46,200 Speaker 5: By law. 1179 00:56:47,080 --> 00:56:50,400 Speaker 26: Tesla reckons that the car is fifty four percent safer 1180 00:56:50,400 --> 00:56:53,239 Speaker 26: than a human driver, and that could well be right. 1181 00:56:53,320 --> 00:56:56,799 Speaker 26: You know, the machines don't make the same mistakes as 1182 00:56:56,880 --> 00:56:59,680 Speaker 26: human beings, but they might make different mistakes. What if 1183 00:56:59,680 --> 00:57:03,360 Speaker 26: the system and coast down, you know, some something happens 1184 00:57:03,400 --> 00:57:07,359 Speaker 26: and the electronics fail. You've got to be you've got 1185 00:57:07,360 --> 00:57:08,400 Speaker 26: to be cautious about it. 1186 00:57:08,480 --> 00:57:09,440 Speaker 14: But I'm not. 1187 00:57:09,600 --> 00:57:11,319 Speaker 26: I'm not freaked out about it. Mind you, if I 1188 00:57:11,320 --> 00:57:13,120 Speaker 26: did see a car coming down the road with no 1189 00:57:13,200 --> 00:57:15,560 Speaker 26: driver behind the wheel, I kind of would look for 1190 00:57:15,600 --> 00:57:17,640 Speaker 26: an escape room that was necessary. 1191 00:57:18,360 --> 00:57:20,080 Speaker 2: I don't think that's like, but it would freak you out. 1192 00:57:20,080 --> 00:57:21,360 Speaker 2: All right, we'll take a break with the pair of you. 1193 00:57:21,400 --> 00:57:23,080 Speaker 2: Come back and to take sixteen away from. 1194 00:57:23,000 --> 00:57:27,640 Speaker 1: Six the huddle with New Zealand Southeby's International Realty, the 1195 00:57:27,720 --> 00:57:29,920 Speaker 1: global leader in luxury real estate. 1196 00:57:31,440 --> 00:57:34,640 Speaker 2: Bossy's valedictory speech is underway right now, so we will 1197 00:57:34,640 --> 00:57:36,520 Speaker 2: bring you all the best, but so you don't have 1198 00:57:36,520 --> 00:57:38,640 Speaker 2: to sit through the whole thing. Shortly, it's thirteen away 1199 00:57:38,640 --> 00:57:40,080 Speaker 2: from six and of course you're back with a huddle. 1200 00:57:40,120 --> 00:57:42,640 Speaker 2: Phil Goff and Thomas Scrimger. Thomas, how do you feel 1201 00:57:42,640 --> 00:57:44,320 Speaker 2: about Jimmy Kimmel' show being canceled? 1202 00:57:45,640 --> 00:57:45,840 Speaker 14: Oh? 1203 00:57:45,880 --> 00:57:47,960 Speaker 12: It seems like a bit of a bit of a 1204 00:57:48,400 --> 00:57:52,160 Speaker 12: sketchy situation, really, and I think really disappointing. I mean, 1205 00:57:52,200 --> 00:57:54,360 Speaker 12: we talk about kind of cancel culture and all of 1206 00:57:54,400 --> 00:57:58,960 Speaker 12: that principles really matter. The American right was deeply worried 1207 00:57:58,960 --> 00:58:03,160 Speaker 12: about cancel culture years under under the Biden administration, and 1208 00:58:03,200 --> 00:58:06,440 Speaker 12: now they have asserted kind of cultural dominance, and now 1209 00:58:06,480 --> 00:58:07,520 Speaker 12: the shoes on the other foot. 1210 00:58:07,880 --> 00:58:10,040 Speaker 14: Now, Jimmy Kimmel was wrong. 1211 00:58:10,200 --> 00:58:14,400 Speaker 12: He was straightforwardly articulating misinformation. He was not correct when 1212 00:58:14,400 --> 00:58:17,280 Speaker 12: he was saying that the shooter was Maga, but that 1213 00:58:17,480 --> 00:58:18,280 Speaker 12: that shouldn't matter. 1214 00:58:18,400 --> 00:58:19,640 Speaker 14: He's a late night comic. 1215 00:58:20,560 --> 00:58:24,280 Speaker 12: His job is to articulate opinions, to be funny or 1216 00:58:24,320 --> 00:58:26,880 Speaker 12: try to be and he should be given wide leeway 1217 00:58:27,000 --> 00:58:30,680 Speaker 12: for expressing his opinions. Yeah, I do wonder his show 1218 00:58:30,960 --> 00:58:33,400 Speaker 12: is quite you know, old fashioned that late night TV, 1219 00:58:33,600 --> 00:58:39,000 Speaker 12: and incredibly expensive. His you know, equivalent, Stephen Colbert's show 1220 00:58:39,080 --> 00:58:41,520 Speaker 12: was losing tens of millions of dollars a year when 1221 00:58:41,520 --> 00:58:44,840 Speaker 12: it was canceled. So maybe maybe the network is trying 1222 00:58:44,880 --> 00:58:47,440 Speaker 12: to do him a bit dirty by canceling him for 1223 00:58:47,480 --> 00:58:48,960 Speaker 12: another reason, looking for an excuse. 1224 00:58:49,040 --> 00:58:51,160 Speaker 2: Yeah, I think, Yeah, I did wonder about that. Carry on. 1225 00:58:51,840 --> 00:58:54,200 Speaker 12: Ah Yeah, But if you if you're upset about his 1226 00:58:54,520 --> 00:58:58,080 Speaker 12: you know, his criticisms of the Maga movement and all 1227 00:58:58,080 --> 00:59:01,200 Speaker 12: of that. If people are really really worried, the solution 1228 00:59:01,240 --> 00:59:04,160 Speaker 12: is simple, have an argument with him. Charlie Kirk, at 1229 00:59:04,200 --> 00:59:07,440 Speaker 12: his best, was arguing with people about things he believed. 1230 00:59:07,600 --> 00:59:11,320 Speaker 12: To cancel Kimmel for expressing a controversial view is hardly 1231 00:59:11,320 --> 00:59:13,560 Speaker 12: in the spirit of the life Charlie Kirk lived. 1232 00:59:13,720 --> 00:59:14,920 Speaker 2: Will do you reckon film? 1233 00:59:15,600 --> 00:59:15,760 Speaker 14: Yeah? 1234 00:59:15,840 --> 00:59:18,600 Speaker 26: Yeah, Look, I agree with what Thomas said. I think 1235 00:59:18,680 --> 00:59:22,479 Speaker 26: that in addition to that, I think it's absolutely wrong 1236 00:59:22,560 --> 00:59:26,200 Speaker 26: to weaponize assassinations by blaming your political rivals, as Trump 1237 00:59:26,240 --> 00:59:29,200 Speaker 26: has done. I mean, we've seen a lot of people, 1238 00:59:29,280 --> 00:59:31,880 Speaker 26: even as recently as June, where we had a congresswoman 1239 00:59:31,960 --> 00:59:37,000 Speaker 26: in Minnesota, a Democratic congresswoman assassinated and a husband alongside 1240 00:59:37,280 --> 00:59:40,160 Speaker 26: by a guy who just killed another law maker, and 1241 00:59:40,200 --> 00:59:42,040 Speaker 26: the Democrats didn't come out and say this is a 1242 00:59:42,040 --> 00:59:47,240 Speaker 26: Republican plot. I mean, Kimmle's was wrong. This guy wasn't Maga, 1243 00:59:47,320 --> 00:59:53,040 Speaker 26: although his parents were registered Republicans. But you know, you 1244 00:59:53,160 --> 00:59:57,040 Speaker 26: don't freedom are free in democratic society. You don't silence people, 1245 00:59:57,120 --> 00:59:59,800 Speaker 26: and you don't get somebody in as powerful a position 1246 00:59:59,840 --> 01:00:03,720 Speaker 26: as Brendan Carr was as chair of the Federal Communications Commission, 1247 01:00:03,960 --> 01:00:07,960 Speaker 26: saying that the pull broadcast licenses unless Disney did something 1248 01:00:07,960 --> 01:00:12,600 Speaker 26: about Kimmel's comments. The comments weren't absolutely offensive, they were 1249 01:00:12,640 --> 01:00:15,600 Speaker 26: simply wrong. But if you're basing on things being wrong, 1250 01:00:15,960 --> 01:00:18,120 Speaker 26: you know, fact checkers tell us at about seventy percent 1251 01:00:18,120 --> 01:00:21,320 Speaker 26: of what Trump's is is not evidence based and he's 1252 01:00:21,360 --> 01:00:24,000 Speaker 26: not being canceled. So I think you just got to 1253 01:00:24,040 --> 01:00:26,880 Speaker 26: have You've got to have that open debate and you 1254 01:00:27,000 --> 01:00:29,960 Speaker 26: don't weaponize and you don't polarize society in a way 1255 01:00:30,000 --> 01:00:32,520 Speaker 26: that Trump is really prone to do. If you want 1256 01:00:32,560 --> 01:00:34,640 Speaker 26: to look anywhere at the level of violence in the 1257 01:00:34,720 --> 01:00:36,720 Speaker 26: United States, look at the gun laws, and look at 1258 01:00:36,720 --> 01:00:39,320 Speaker 26: the culture of the place, and that explains why the 1259 01:00:39,400 --> 01:00:41,640 Speaker 26: United States is much worse than any other country on 1260 01:00:41,680 --> 01:00:45,120 Speaker 26: Earth that's a democracy in terms of that sort of 1261 01:00:45,200 --> 01:00:48,360 Speaker 26: level of political assassination and gun violence. 1262 01:00:48,400 --> 01:00:50,680 Speaker 2: Fair enough, Thomas, Listen, there was an interesting survey which 1263 01:00:50,680 --> 01:00:52,480 Speaker 2: were covered at the start of the program saying that 1264 01:00:52,520 --> 01:00:54,560 Speaker 2: one in three young men believe the quality has gone 1265 01:00:54,560 --> 01:00:56,880 Speaker 2: too far, like as in feminism. What do you think's 1266 01:00:56,920 --> 01:00:57,479 Speaker 2: going on there? 1267 01:00:58,800 --> 01:01:01,600 Speaker 12: Well, firstly, I think it's as we're taking surveys like 1268 01:01:01,680 --> 01:01:03,880 Speaker 12: this with something of a grain of salt to get 1269 01:01:03,880 --> 01:01:07,480 Speaker 12: this qualitative feedback. You ask a question and you think 1270 01:01:07,520 --> 01:01:09,800 Speaker 12: you know what the respondent is hearing when you ask 1271 01:01:09,840 --> 01:01:12,120 Speaker 12: the question, but they might be thinking about something else. 1272 01:01:12,600 --> 01:01:15,200 Speaker 12: But when we talk about young men specifically, if those 1273 01:01:15,240 --> 01:01:18,520 Speaker 12: are immediately you know, university age or school leavers. The 1274 01:01:18,640 --> 01:01:21,440 Speaker 12: direct experience of the world is an education system in 1275 01:01:21,480 --> 01:01:24,960 Speaker 12: which boys and young men are doing worse than girls 1276 01:01:25,000 --> 01:01:28,720 Speaker 12: and young women. Now, obviously income and equality throughout a career, 1277 01:01:29,240 --> 01:01:30,440 Speaker 12: men are still earning more. 1278 01:01:30,560 --> 01:01:32,200 Speaker 14: But if we're looking at that youngest. 1279 01:01:31,840 --> 01:01:36,800 Speaker 12: Cohort, educational equality has been achieved, and so that is 1280 01:01:36,840 --> 01:01:39,920 Speaker 12: their most immediate experience. Probably we can also think it's 1281 01:01:40,040 --> 01:01:44,439 Speaker 12: just a larger trend, I guess against the affirmative action 1282 01:01:45,080 --> 01:01:48,320 Speaker 12: moves we've seen in previous years towards a more traditional 1283 01:01:48,360 --> 01:01:49,960 Speaker 12: or conservative view among young men. 1284 01:01:50,400 --> 01:01:53,240 Speaker 14: So there is a real shift, but I wouldn't overinterpret it. 1285 01:01:53,480 --> 01:01:56,040 Speaker 2: Yeah, I did wonder if it's the affirmative action stuff, Phil, 1286 01:01:56,080 --> 01:01:56,640 Speaker 2: what do you reckon? 1287 01:01:57,560 --> 01:02:00,880 Speaker 26: Yeah, I'm really curious as to why respect they think 1288 01:02:00,920 --> 01:02:03,560 Speaker 26: that equality has gone too far, And the survey doesn't 1289 01:02:03,600 --> 01:02:06,880 Speaker 26: really tell us that girls are doing better in education 1290 01:02:07,720 --> 01:02:10,320 Speaker 26: and in a lot of areas. But I don't think 1291 01:02:10,320 --> 01:02:14,120 Speaker 26: because they're being given any special advantages. We do have 1292 01:02:14,160 --> 01:02:16,560 Speaker 26: a problem with young men and boys at school that 1293 01:02:16,680 --> 01:02:20,120 Speaker 26: aren't doing as well as they should be, and I'm 1294 01:02:20,160 --> 01:02:22,240 Speaker 26: not condemning them for that. I'm just thinking that if 1295 01:02:22,240 --> 01:02:24,600 Speaker 26: we're going to address the problem we need to look 1296 01:02:24,640 --> 01:02:29,000 Speaker 26: at why young men aren'ts are focused and aren't achieving 1297 01:02:29,040 --> 01:02:32,240 Speaker 26: in the same way as young women. But absolutely wrong 1298 01:02:32,280 --> 01:02:35,400 Speaker 26: for them to say it's all because equality's gone too far. 1299 01:02:36,080 --> 01:02:38,320 Speaker 26: They need to look at why they're not doing better 1300 01:02:38,680 --> 01:02:41,600 Speaker 26: and take some responsibility for that themselves. And we need 1301 01:02:41,640 --> 01:02:43,400 Speaker 26: to look at the system to see how we can 1302 01:02:43,480 --> 01:02:45,640 Speaker 26: make young men do better than they have been doing 1303 01:02:45,640 --> 01:02:46,920 Speaker 26: in the education system. 1304 01:02:47,040 --> 01:02:49,920 Speaker 2: Yeah, hey, guys, thank you, appreciate your take and everything. There. 1305 01:02:49,920 --> 01:02:52,440 Speaker 2: Phil Goff, Tomas Scrumger are huddle this evening. I'm going 1306 01:02:52,480 --> 01:02:55,200 Speaker 2: to get you some bossy from the validatorue speech next 1307 01:02:55,280 --> 01:02:57,440 Speaker 2: eight away from six it's the. 1308 01:02:57,520 --> 01:03:01,560 Speaker 1: Heather dupas Allen Drive Full show bod My Hard Radio 1309 01:03:01,840 --> 01:03:03,240 Speaker 1: powered by News Talks be. 1310 01:03:05,120 --> 01:03:05,480 Speaker 9: All right. 1311 01:03:05,880 --> 01:03:08,960 Speaker 2: Five away from six, Bussy's valedictory speech has started. 1312 01:03:09,360 --> 01:03:12,960 Speaker 17: I did not come here on my terms. I was 1313 01:03:13,040 --> 01:03:21,160 Speaker 17: summoned under difficult and unexpected circumstances, but I accepted that call. Today, however, 1314 01:03:21,600 --> 01:03:25,880 Speaker 17: I leave by choice, not because I want to, but 1315 01:03:26,000 --> 01:03:28,760 Speaker 17: because I have chosen to put my child first. 1316 01:03:29,600 --> 01:03:32,520 Speaker 2: Now, Benjamin Doyle explains what they learned in parliament. 1317 01:03:32,960 --> 01:03:37,040 Speaker 17: This place was not built for people like me, which 1318 01:03:37,080 --> 01:03:41,160 Speaker 17: is precisely the point. It was built on the basis 1319 01:03:41,240 --> 01:03:48,080 Speaker 17: of exclusion and control, on taking, hoarding and guarding power. 1320 01:03:49,200 --> 01:03:51,680 Speaker 2: Now they say change is still possible, but it comes 1321 01:03:51,720 --> 01:03:53,560 Speaker 2: at a price that they are not prepared to pay. 1322 01:03:53,960 --> 01:03:58,080 Speaker 17: It's taken me ten months to truly comprehend what that means. 1323 01:03:59,080 --> 01:04:02,520 Speaker 17: And while I do not accept that change is impossible 1324 01:04:02,920 --> 01:04:06,480 Speaker 17: from inside, I have come to learn that it comes 1325 01:04:06,480 --> 01:04:11,800 Speaker 17: with a price of violence and hate towards my people. 1326 01:04:12,960 --> 01:04:16,479 Speaker 17: This is a price I am no longer willing to pay. 1327 01:04:16,840 --> 01:04:20,160 Speaker 2: What a surprise. It's everyone else's fault. Also, Bossy has 1328 01:04:20,200 --> 01:04:22,280 Speaker 2: a theory on who Parliament is best for. 1329 01:04:22,560 --> 01:04:26,840 Speaker 17: This is a hostile and toxic place, especially if you're 1330 01:04:26,840 --> 01:04:29,480 Speaker 17: not a sis, straight white man with a blue suit 1331 01:04:29,520 --> 01:04:30,400 Speaker 17: and a briefcase. 1332 01:04:31,760 --> 01:04:34,280 Speaker 2: Yeah, okay, there we go. If there's any more, I 1333 01:04:34,320 --> 01:04:36,560 Speaker 2: am getting a text from somebody who says that Bossy 1334 01:04:36,640 --> 01:04:38,640 Speaker 2: is crying at the moment. So if there are other 1335 01:04:38,680 --> 01:04:41,920 Speaker 2: parts from the valedictory that are worth bringing to your attention, 1336 01:04:42,000 --> 01:04:44,760 Speaker 2: we absolutely will. By the way, just a really quick 1337 01:04:44,800 --> 01:04:46,600 Speaker 2: update on the patches. We've been talking about the gang 1338 01:04:46,600 --> 01:04:48,800 Speaker 2: patches and the judges giving the gang patches back to 1339 01:04:48,840 --> 01:04:51,120 Speaker 2: the gang members. It turns out that there are three. 1340 01:04:51,280 --> 01:04:53,600 Speaker 2: We thought it was two. It's three. And we found 1341 01:04:53,600 --> 01:04:56,160 Speaker 2: this out because we asked the police this morning if 1342 01:04:56,160 --> 01:04:58,280 Speaker 2: they're going to appeal the two cases that we know 1343 01:04:58,400 --> 01:04:59,760 Speaker 2: of where the judges have given them back to the 1344 01:04:59,760 --> 01:05:02,280 Speaker 2: money members, and they said, yeah, yeah, yeah, we're gonna 1345 01:05:02,280 --> 01:05:06,800 Speaker 2: appeal all three cases. So there's a whole there's another 1346 01:05:06,840 --> 01:05:09,160 Speaker 2: whole case that we weren't even aware of. So three's 1347 01:05:09,160 --> 01:05:12,400 Speaker 2: a pattern, isn't it. Two's just you know, one incident, 1348 01:05:12,480 --> 01:05:14,560 Speaker 2: two incidents. Three you could go, Okay, the judges is 1349 01:05:14,600 --> 01:05:17,720 Speaker 2: definitely doing this thing, and they certainly are. Anyway, we'll 1350 01:05:17,720 --> 01:05:19,080 Speaker 2: get you up to speed on that once we know 1351 01:05:19,120 --> 01:05:21,280 Speaker 2: what the appeal is, and that's gonna probably take some 1352 01:05:21,360 --> 01:05:23,320 Speaker 2: days or weeks. But next up, let's have a chat 1353 01:05:23,360 --> 01:05:27,680 Speaker 2: to Kaliaccult, the chief economist of Westpac, about what happens 1354 01:05:27,720 --> 01:05:30,560 Speaker 2: next and basically what he thinks should happen is the 1355 01:05:30,560 --> 01:05:33,000 Speaker 2: ocr comes down by fifty paces points next month? 1356 01:05:34,720 --> 01:05:35,800 Speaker 3: What win? 1357 01:05:38,640 --> 01:05:39,560 Speaker 9: What win? 1358 01:05:47,720 --> 01:05:49,920 Speaker 3: Keeping track of where the money is flowing. 1359 01:05:50,360 --> 01:05:55,160 Speaker 1: The Business Hour with Heather dutlessl and Mass for Insurance 1360 01:05:55,360 --> 01:05:57,600 Speaker 1: Investments and the Quie Savor You're. 1361 01:05:57,400 --> 01:05:59,400 Speaker 3: In good hands News Talks that'd. 1362 01:05:59,240 --> 01:06:03,439 Speaker 2: Be wow evening coming up in the next hour. Sam 1363 01:06:03,440 --> 01:06:06,080 Speaker 2: Dickey on the FED cutting by twenty five basis points, 1364 01:06:06,160 --> 01:06:08,720 Speaker 2: Jamie McKay on the nitrates stunt, and end of Brady 1365 01:06:08,760 --> 01:06:11,080 Speaker 2: on Trump in the UK right now at seven past six. 1366 01:06:11,120 --> 01:06:13,240 Speaker 2: Now there are strong calls for the Reserve Bank here 1367 01:06:13,240 --> 01:06:15,800 Speaker 2: in New Zealand to cut the ocr by half a 1368 01:06:15,840 --> 01:06:18,560 Speaker 2: percent double cut when it meets on October eight. The 1369 01:06:18,600 --> 01:06:21,240 Speaker 2: economy contracted much more than predicted, with a zero point 1370 01:06:21,280 --> 01:06:23,320 Speaker 2: nine percent fall and GDP in the second quarter of 1371 01:06:23,360 --> 01:06:27,840 Speaker 2: the year. Calia cold is the chief economist at Westpac. Hey, Kelly, Hi, 1372 01:06:28,120 --> 01:06:30,439 Speaker 2: So what are you calling for fifty basis points next month? 1373 01:06:30,480 --> 01:06:31,520 Speaker 2: Twenty five in November? 1374 01:06:32,400 --> 01:06:36,360 Speaker 5: That's right, we upgraded our October call from a twenty 1375 01:06:36,400 --> 01:06:41,320 Speaker 5: five point cut to a fifty point cup. Why well, 1376 01:06:41,320 --> 01:06:44,720 Speaker 5: the GDP number was quite a bit weaker than everybody's predictions, 1377 01:06:44,800 --> 01:06:47,840 Speaker 5: certainly the Reserve banks projections, which in this game are 1378 01:06:47,840 --> 01:06:51,840 Speaker 5: the only ones that really matter. Last week, the governor 1379 01:06:51,880 --> 01:06:55,560 Speaker 5: had indicated that if the data suggested they needed to 1380 01:06:55,600 --> 01:06:57,840 Speaker 5: go faster, they would, So we're taking them at his 1381 01:06:57,920 --> 01:06:58,360 Speaker 5: word there. 1382 01:06:58,960 --> 01:07:01,880 Speaker 2: Okay, but isn't it just Kellie? I mean, it's happened 1383 01:07:01,920 --> 01:07:05,240 Speaker 2: in Q two. Q three is already better. Therefore, you know, 1384 01:07:05,320 --> 01:07:08,560 Speaker 2: are we are we doing doesn't actually necessitate the fifty 1385 01:07:08,600 --> 01:07:09,280 Speaker 2: basis points. 1386 01:07:10,400 --> 01:07:13,160 Speaker 5: Well, I think it's going to take them more quickly 1387 01:07:13,200 --> 01:07:15,400 Speaker 5: to the same point. I mean, I think it is 1388 01:07:15,520 --> 01:07:19,040 Speaker 5: right that the Q three indicators look better than Q two, 1389 01:07:19,520 --> 01:07:21,360 Speaker 5: but we didn't when we looked at the data have 1390 01:07:21,400 --> 01:07:23,280 Speaker 5: a reason to think that it was all going to 1391 01:07:23,280 --> 01:07:28,680 Speaker 5: totally unwind immediately. So hence, you know, it does make 1392 01:07:28,720 --> 01:07:30,840 Speaker 5: sense that if the Reserve Bank thought they had a 1393 01:07:30,840 --> 01:07:33,440 Speaker 5: lot of too much excess capacity in the economy back 1394 01:07:33,520 --> 01:07:36,480 Speaker 5: in August, they're only going to think there's more now. 1395 01:07:36,720 --> 01:07:39,760 Speaker 2: Yeah, do you think that, I mean, are you at 1396 01:07:39,800 --> 01:07:41,880 Speaker 2: all worried about the impact this is going to have 1397 01:07:41,960 --> 01:07:43,120 Speaker 2: on consumer confidence? 1398 01:07:44,760 --> 01:07:48,960 Speaker 5: Well, I think in that sense, it's already old data. 1399 01:07:49,120 --> 01:07:52,240 Speaker 5: And we did release our own long running consumer confidence 1400 01:07:52,280 --> 01:07:56,160 Speaker 5: survey earlier this week, which showed that consumers we're not 1401 01:07:56,280 --> 01:08:00,680 Speaker 5: feeling particularly chirpy compared to the last time that we 1402 01:08:00,720 --> 01:08:03,760 Speaker 5: did the survey three months ago. So I think people 1403 01:08:03,880 --> 01:08:07,520 Speaker 5: already know that. I think what they perhaps maybe heartened 1404 01:08:07,520 --> 01:08:10,920 Speaker 5: by is that lower interest rates come in a bit sooner. 1405 01:08:11,160 --> 01:08:14,560 Speaker 2: Yeah, Well, this is the thing isn't. It's I feel 1406 01:08:14,600 --> 01:08:16,479 Speaker 2: like what's going on right now in this country is 1407 01:08:16,479 --> 01:08:19,439 Speaker 2: that everybody is so nervy and so scared about what's 1408 01:08:19,439 --> 01:08:21,439 Speaker 2: going to happen and whether we're actually through the worst 1409 01:08:21,439 --> 01:08:23,000 Speaker 2: of it, that any bit of bad news just kind 1410 01:08:23,000 --> 01:08:25,320 Speaker 2: of sets that off again. And so is the case 1411 01:08:25,360 --> 01:08:27,799 Speaker 2: that if you cut the ocr by fifty basis points, 1412 01:08:27,880 --> 01:08:29,639 Speaker 2: you just boost the confidence a little bit more. 1413 01:08:30,760 --> 01:08:33,960 Speaker 5: That was the Reserve Bank's argument back in August that 1414 01:08:34,000 --> 01:08:37,160 Speaker 5: they needed to move more aggressively to put in those 1415 01:08:37,200 --> 01:08:40,519 Speaker 5: guard rails to try to break through that caution that 1416 01:08:40,640 --> 01:08:44,320 Speaker 5: businesses and households were feeling, particularly I think in the 1417 01:08:44,320 --> 01:08:47,680 Speaker 5: major urban areas where they just haven't been the beneficiary 1418 01:08:47,840 --> 01:08:50,760 Speaker 5: so far of the big gaining term to trade there 1419 01:08:50,760 --> 01:08:51,839 Speaker 5: with head Kelly. 1420 01:08:51,800 --> 01:08:53,600 Speaker 2: Can we explain how the Reserve Bank got the so 1421 01:08:53,720 --> 01:08:54,839 Speaker 2: monumentally wrong. 1422 01:08:56,520 --> 01:08:59,040 Speaker 5: In terms of the GDP forecast. I think they got 1423 01:08:59,080 --> 01:09:03,479 Speaker 5: it the same way wrong as we all did, where 1424 01:09:03,479 --> 01:09:06,439 Speaker 5: it's just really difficult in the last couple of years 1425 01:09:06,479 --> 01:09:09,479 Speaker 5: to forecast call the GENP numbers. You were recall in 1426 01:09:09,520 --> 01:09:11,519 Speaker 5: the middle of last year, for example, we all got 1427 01:09:11,520 --> 01:09:13,400 Speaker 5: blown out of the water in terms of what happened 1428 01:09:13,439 --> 01:09:17,160 Speaker 5: in Q two or Q three. You know, I think 1429 01:09:17,240 --> 01:09:20,840 Speaker 5: that you would have expected with two hundred and fifty 1430 01:09:20,880 --> 01:09:25,000 Speaker 5: points of easing in the tin that the economy would 1431 01:09:25,000 --> 01:09:27,040 Speaker 5: be more resilient to some of the shocks that have 1432 01:09:27,080 --> 01:09:30,360 Speaker 5: been going on out there at the moment. And hence 1433 01:09:30,400 --> 01:09:32,840 Speaker 5: they thought reasonably, I thought at the time that they 1434 01:09:32,840 --> 01:09:35,200 Speaker 5: should be slowing down and seeing the effect of what 1435 01:09:35,240 --> 01:09:39,960 Speaker 5: they've done. And I appreciate that in hindsight it probably 1436 01:09:40,040 --> 01:09:41,760 Speaker 5: looks like they could have gone a bit faster and 1437 01:09:41,800 --> 01:09:44,519 Speaker 5: a bit sooner. But you know, the measure of these 1438 01:09:44,560 --> 01:09:48,000 Speaker 5: situations is that when you recognize that you've made a mistake, 1439 01:09:48,040 --> 01:09:50,880 Speaker 5: that you take quick corrective action. And I think that 1440 01:09:50,960 --> 01:09:53,640 Speaker 5: fifty point cut in October will certainly fit that. 1441 01:09:53,680 --> 01:09:54,000 Speaker 3: Bill well. 1442 01:09:54,080 --> 01:09:56,320 Speaker 2: I mean, look, the thing about it is, though Kelly, 1443 01:09:56,520 --> 01:09:59,759 Speaker 2: I understand that this is a difficult thing to get right. However, 1444 01:10:00,000 --> 01:10:02,040 Speaker 2: all of the data or heaps of the data through 1445 01:10:02,120 --> 01:10:04,759 Speaker 2: Q two was showing us that there was problem a problem. 1446 01:10:04,800 --> 01:10:07,920 Speaker 2: We've had such bad manufacturing numbers, we've had such bad 1447 01:10:07,960 --> 01:10:11,600 Speaker 2: consumer confidence numbers, and then they held in July. Is 1448 01:10:11,640 --> 01:10:15,640 Speaker 2: that can we explain that away? When this is the 1449 01:10:15,680 --> 01:10:17,800 Speaker 2: lot who are supposed to be you have their finger 1450 01:10:17,840 --> 01:10:19,280 Speaker 2: on the pulse of what's going on here. 1451 01:10:20,400 --> 01:10:23,280 Speaker 5: Yeah, well, I mean they have an outcasting framework for 1452 01:10:23,320 --> 01:10:25,759 Speaker 5: working out where they think the economy is in time, 1453 01:10:25,840 --> 01:10:29,120 Speaker 5: and at that stage it wasn't telling them that Q 1454 01:10:29,640 --> 01:10:31,960 Speaker 5: two was going to be a minus zero point nine. 1455 01:10:32,240 --> 01:10:34,920 Speaker 5: It was probably telling them that we might have had 1456 01:10:34,920 --> 01:10:37,720 Speaker 5: a minus point one or something like that. So they 1457 01:10:37,760 --> 01:10:41,840 Speaker 5: embodied that into their forecasts at the time. But you know, 1458 01:10:41,880 --> 01:10:44,640 Speaker 5: it's just to end up being worse than that. So 1459 01:10:44,960 --> 01:10:46,559 Speaker 5: you know, it's one of those kind of Harry Hinde 1460 01:10:46,560 --> 01:10:47,519 Speaker 5: sight things, isn't it. 1461 01:10:48,160 --> 01:10:50,559 Speaker 2: Perhaps so, Kelly listen, thanks very much, appreciate it. Kelly, 1462 01:10:50,560 --> 01:10:53,160 Speaker 2: you are called chief economist at Westpac. Twelve past six 1463 01:10:54,600 --> 01:10:57,559 Speaker 2: the world, I've got another example of our lack of humor, 1464 01:10:57,640 --> 01:10:59,760 Speaker 2: claiming another ad stand by, I'm going to run you 1465 01:10:59,760 --> 01:11:04,479 Speaker 2: through that shortly. Bussy has quoted a poem in their 1466 01:11:04,560 --> 01:11:09,160 Speaker 2: valedictory speech. It's a poem called Rekindled by Tina Nata. 1467 01:11:09,640 --> 01:11:14,680 Speaker 17: And for as long as I breathe my story, I 1468 01:11:14,760 --> 01:11:19,880 Speaker 17: am not vanquished. I am at once the victor and 1469 01:11:19,960 --> 01:11:32,960 Speaker 17: the fallen, still here today, walking, breathing, laughing, dancing, love making. 1470 01:11:34,760 --> 01:11:38,639 Speaker 2: Interesting that everybody in the Green Party is there. Chloe's 1471 01:11:38,640 --> 01:11:40,720 Speaker 2: fulbrick is not there. Now there could be a good 1472 01:11:40,760 --> 01:11:44,120 Speaker 2: reason why Chloe's not there Thursdays Often, you know, leaders 1473 01:11:44,360 --> 01:11:46,479 Speaker 2: of various parties maybe go off and do some other thing, 1474 01:11:47,240 --> 01:11:48,960 Speaker 2: so that may be part of it. However, you would 1475 01:11:49,000 --> 01:11:52,080 Speaker 2: expect that for a moment as big as the valedictory 1476 01:11:52,120 --> 01:11:54,439 Speaker 2: of one of your MPs, generally you can't make an 1477 01:11:54,479 --> 01:11:56,880 Speaker 2: effort to be there. But not Chloe's not there. Today 1478 01:11:56,960 --> 01:11:58,080 Speaker 2: thirteen past six. 1479 01:11:58,720 --> 01:12:02,280 Speaker 1: It's the Heather dus Alan Drive Full Show podcast on 1480 01:12:02,400 --> 01:12:07,160 Speaker 1: my Heart Radio empowered by Newstalks ebb's whether it's macro, 1481 01:12:07,600 --> 01:12:11,080 Speaker 1: micro or just plain economics, it's all on the Business 1482 01:12:11,080 --> 01:12:15,880 Speaker 1: Hour with Heather Duplicy, Allen and Mass for insurance investments 1483 01:12:15,920 --> 01:12:16,880 Speaker 1: and Killie Saber. 1484 01:12:17,080 --> 01:12:19,120 Speaker 3: You're in good hands NEWSTALKSB. 1485 01:12:20,360 --> 01:12:22,479 Speaker 2: This is an interesting text. Ever, think about this, Heather, 1486 01:12:22,640 --> 01:12:24,760 Speaker 2: What a shame that, after a week of the right 1487 01:12:24,880 --> 01:12:27,479 Speaker 2: screaming that Charlie Kirk's death was an open attack on 1488 01:12:27,600 --> 01:12:30,639 Speaker 2: free speech, an elected MP giving a speech to say 1489 01:12:30,680 --> 01:12:33,280 Speaker 2: that they're leaving Parliament because of death threats received over 1490 01:12:33,400 --> 01:12:36,719 Speaker 2: misunderstood social media from years ago gets erolls and glee 1491 01:12:36,760 --> 01:12:39,879 Speaker 2: from a national radio station sixteen past six. 1492 01:12:41,880 --> 01:12:44,720 Speaker 3: The Rural Report on Heather Duplicy. 1493 01:12:44,400 --> 01:12:46,760 Speaker 2: Allan Drive, Jamie mckaye, host of the Countries with us 1494 01:12:46,760 --> 01:12:48,040 Speaker 2: Elo Jamie. 1495 01:12:48,040 --> 01:12:51,000 Speaker 7: Happy birthday cousin Heather, and I just think before we 1496 01:12:51,080 --> 01:12:55,200 Speaker 7: start this wonderful conversation, especially after that last text, I 1497 01:12:55,320 --> 01:12:57,840 Speaker 7: probably need to do a bit of a cunliff because 1498 01:12:57,880 --> 01:13:00,000 Speaker 7: I am a sis, straight white male with the blue 1499 01:13:00,120 --> 01:13:03,320 Speaker 7: suit and a briefcase. Don't take the briefcase to work anymore, Heather, 1500 01:13:03,640 --> 01:13:07,120 Speaker 7: but I used to, so I need to apologize. 1501 01:13:07,960 --> 01:13:08,240 Speaker 11: Jamie. 1502 01:13:08,280 --> 01:13:11,280 Speaker 2: Listen, thanks very much for the birthday wish. Now, Federated 1503 01:13:11,320 --> 01:13:13,519 Speaker 2: Farmers are they right to say that this night rate 1504 01:13:13,560 --> 01:13:15,240 Speaker 2: emergency is just a political stunt? 1505 01:13:16,360 --> 01:13:20,120 Speaker 7: Oh jeez, there's two sides to the story. So Federated Farmers, 1506 01:13:20,600 --> 01:13:24,479 Speaker 7: their vice president, Colin Hurst, is based in Canterbury. He's 1507 01:13:24,520 --> 01:13:28,320 Speaker 7: saying the nightrate emergency is a shameless political stunt and 1508 01:13:28,360 --> 01:13:31,000 Speaker 7: won't how everybody remember it was the last day of 1509 01:13:31,080 --> 01:13:33,280 Speaker 7: sitting for Ecan, who was certainly in the gun with 1510 01:13:33,360 --> 01:13:35,679 Speaker 7: Farmers at the moment, and they passed it I think 1511 01:13:35,680 --> 01:13:39,280 Speaker 7: by nine to seven to declare this emergency. So Feds 1512 01:13:39,320 --> 01:13:41,880 Speaker 7: and Colin are saying all it will do is create 1513 01:13:41,960 --> 01:13:44,840 Speaker 7: unnecessary panic and drive a wedge between our urban and 1514 01:13:44,920 --> 01:13:47,840 Speaker 7: rural communities. The night traits, I might add here that 1515 01:13:47,920 --> 01:13:51,360 Speaker 7: aren't all coming from the farmers. There's plenty coming from 1516 01:13:51,479 --> 01:13:55,560 Speaker 7: the city as well. So Hurst is saying that ecn's 1517 01:13:55,600 --> 01:13:59,040 Speaker 7: decision will undermine good work done by Farmer's Council EWEI 1518 01:13:59,400 --> 01:14:02,880 Speaker 7: and why community over the last few decades. The data 1519 01:14:03,000 --> 01:14:06,360 Speaker 7: shows the trends have been consistent for decades and nobody's 1520 01:14:06,439 --> 01:14:09,679 Speaker 7: disputing in feeds or elsewhere that there is an issue 1521 01:14:09,680 --> 01:14:14,040 Speaker 7: with nitrates in Canterbury. But they're saying to suddenly come 1522 01:14:14,080 --> 01:14:17,320 Speaker 7: out and call it an emergency as political theater there 1523 01:14:17,320 --> 01:14:22,160 Speaker 7: also took a shot at Greenpeace spreading misinformation about nitrates 1524 01:14:22,280 --> 01:14:26,160 Speaker 7: along the lines of linking nitrates to drinking water and 1525 01:14:26,320 --> 01:14:29,960 Speaker 7: drinking water to colon cancer. So Federated farmers are saying 1526 01:14:30,000 --> 01:14:33,720 Speaker 7: New Zealanders should take their health advice from medical professionals, 1527 01:14:34,200 --> 01:14:37,760 Speaker 7: not environmental activists with an anti farming agenda. 1528 01:14:37,880 --> 01:14:40,600 Speaker 2: Okay, now what about beef and lamb saying that the 1529 01:14:40,600 --> 01:14:43,200 Speaker 2: government law to stop the wholesale conversions of farmland to 1530 01:14:43,240 --> 01:14:44,960 Speaker 2: forestry doesn't go far enough. Where do you use it 1531 01:14:44,960 --> 01:14:45,400 Speaker 2: on that. 1532 01:14:46,800 --> 01:14:48,920 Speaker 7: I'm almost I think I'm with Beef and Lamb on 1533 01:14:48,960 --> 01:14:51,880 Speaker 7: this one because anecdotally anyhow, I mean, they're still carrying 1534 01:14:51,920 --> 01:14:53,880 Speaker 7: on in their merry way. I mean, this is a 1535 01:14:53,880 --> 01:14:58,120 Speaker 7: good step. The Climate Change Response Amendment Bill passed its 1536 01:14:58,160 --> 01:15:01,160 Speaker 7: third reading in Parliament will be law. As I understand 1537 01:15:01,479 --> 01:15:04,880 Speaker 7: in October, FEDS are not Feds. Beef and Lamb are 1538 01:15:04,920 --> 01:15:07,760 Speaker 7: saying it just doesn't go far enough to slow the 1539 01:15:07,840 --> 01:15:11,519 Speaker 7: rate of productive sheep and beef land being lost. One 1540 01:15:11,520 --> 01:15:14,880 Speaker 7: of their real gripes is they're really disappointed that their 1541 01:15:14,920 --> 01:15:18,720 Speaker 7: calls to extend the moratorium on whole farm conversions. This 1542 01:15:18,840 --> 01:15:21,000 Speaker 7: is when you plant the whole farm out. They want 1543 01:15:21,000 --> 01:15:24,760 Speaker 7: it extended to all classes of land, not just classes 1544 01:15:24,880 --> 01:15:28,679 Speaker 7: one to five, because eighty nine percent of whole farm 1545 01:15:28,720 --> 01:15:32,519 Speaker 7: conversions to date have occurred on land classes six to eight. 1546 01:15:32,840 --> 01:15:36,679 Speaker 7: Land class six in particular, is highly productive and vital 1547 01:15:36,880 --> 01:15:39,559 Speaker 7: to the sector. Now, Beef and Lamb are saying, we've 1548 01:15:39,600 --> 01:15:43,000 Speaker 7: already lost three hundred thousand hectares of sheep and beef 1549 01:15:43,040 --> 01:15:46,400 Speaker 7: farms to forestry since twenty seventeen. If we continue on 1550 01:15:46,479 --> 01:15:50,080 Speaker 7: a current trajectory, we'll lose another six hundred and fifty 1551 01:15:50,160 --> 01:15:54,040 Speaker 7: thousand hectares by twenty fifty. That's one million hectares, which 1552 01:15:54,080 --> 01:15:57,559 Speaker 7: would equate to eighteen percent or an eighteen percent drop 1553 01:15:57,720 --> 01:16:01,000 Speaker 7: in stock units. And they're quite rightly saying New Zealand's 1554 01:16:01,000 --> 01:16:04,960 Speaker 7: ets settings are artificially distorting the market. It is the 1555 01:16:05,000 --> 01:16:08,400 Speaker 7: empress new clothes, if you ask me, it's incentivizing this 1556 01:16:08,680 --> 01:16:11,679 Speaker 7: wholesale conversion. We're the only country in the world apart 1557 01:16:11,720 --> 01:16:15,760 Speaker 7: from Kazakhstan, to allow one hundred percent offsetting in its 1558 01:16:15,800 --> 01:16:18,800 Speaker 7: carbon pricing. And Kate Acklin from Beef and Lamb did 1559 01:16:18,920 --> 01:16:23,719 Speaker 7: qualify or quantify her comments by saying Beef and Lamb 1560 01:16:23,760 --> 01:16:27,160 Speaker 7: is not anti forestry, but the surgeon and whole farm 1561 01:16:27,200 --> 01:16:31,400 Speaker 7: conversions for carbon only forestries not being driven by timber demand. 1562 01:16:31,040 --> 01:16:32,439 Speaker 8: Which is pretty weak at the moment. 1563 01:16:32,720 --> 01:16:36,240 Speaker 7: It's the result of a carbon market skewed by poorly 1564 01:16:36,479 --> 01:16:39,519 Speaker 7: designed policy, and on that I agree one hundred percent 1565 01:16:39,560 --> 01:16:40,320 Speaker 7: with Kate Aklant. 1566 01:16:41,160 --> 01:16:43,160 Speaker 2: Thank you so much, Javi. As always, it's lovely to 1567 01:16:43,160 --> 01:16:45,759 Speaker 2: talk to you. Jamie Mackay, host of the Country Listen 1568 01:16:45,840 --> 01:16:47,439 Speaker 2: this morning. Of course, if you follow what goes on 1569 01:16:47,439 --> 01:16:48,880 Speaker 2: with the FED, you will have seen that they did 1570 01:16:48,880 --> 01:16:51,000 Speaker 2: what had been expected for weeks it was a twenty 1571 01:16:51,000 --> 01:16:51,880 Speaker 2: five basis point rate. 1572 01:16:51,920 --> 01:16:52,040 Speaker 20: Cup. 1573 01:16:52,080 --> 01:16:54,040 Speaker 2: We're going to have a chat to Sam Dickey, Aficier 1574 01:16:54,040 --> 01:16:57,280 Speaker 2: of Funds about that in about fifteen minutes six twenty one. 1575 01:16:57,640 --> 01:17:01,639 Speaker 1: Everything from SMEs to the big courts, the Business Hour 1576 01:17:01,920 --> 01:17:06,360 Speaker 1: with Heather dup Cellen and Mass for Insurance Investments and 1577 01:17:06,520 --> 01:17:08,360 Speaker 1: Huy Safer You're in good hands. 1578 01:17:08,640 --> 01:17:11,240 Speaker 2: News talks 'B whither if the Reserve Bank, the bankers 1579 01:17:11,240 --> 01:17:13,120 Speaker 2: and the politicians got off their asses, they would have 1580 01:17:13,120 --> 01:17:15,040 Speaker 2: seen how much commercial damage has been done out there. 1581 01:17:15,080 --> 01:17:17,120 Speaker 2: I have to agree with you on that, Sigmon. I 1582 01:17:17,280 --> 01:17:20,200 Speaker 2: just wonder if part of them, because look, some have 1583 01:17:20,280 --> 01:17:22,439 Speaker 2: seen it. Jared Kerr has seen it. Jared Kerr has 1584 01:17:22,479 --> 01:17:25,000 Speaker 2: been consistent in this all the way through. And I 1585 01:17:25,000 --> 01:17:27,280 Speaker 2: think if you listen to news talks THAT'DB, you would 1586 01:17:27,320 --> 01:17:28,880 Speaker 2: know that we have seen that there are some bad 1587 01:17:28,880 --> 01:17:30,439 Speaker 2: stuff going on out there. And I just wonder if 1588 01:17:30,439 --> 01:17:33,080 Speaker 2: these guys, perhaps in Wellington, are not spending enough time 1589 01:17:33,120 --> 01:17:37,200 Speaker 2: in the real world. The old Wellington bubble problem again. Anyway, Look, 1590 01:17:38,080 --> 01:17:39,840 Speaker 2: I got to talk about this. Our lack of humor 1591 01:17:39,880 --> 01:17:42,240 Speaker 2: has claimed another ad. This time it's an ad by 1592 01:17:42,240 --> 01:17:45,719 Speaker 2: the Department of Conservation and it's a promotional video showing 1593 01:17:45,760 --> 01:17:48,400 Speaker 2: a woman sitting on her front porch shooting a possum 1594 01:17:48,439 --> 01:17:52,080 Speaker 2: from a tree. The name of the video is Marjorie's Helping, 1595 01:17:52,560 --> 01:17:55,800 Speaker 2: Are You? And it's part of their plan to get 1596 01:17:55,880 --> 01:17:57,920 Speaker 2: us all to be involved in pest control and stuff. 1597 01:17:57,920 --> 01:18:00,439 Speaker 2: And it is clearly intended to be funny. Right, So, 1598 01:18:00,560 --> 01:18:03,040 Speaker 2: Marjorie's sitting there with a fur hat on and like 1599 01:18:03,080 --> 01:18:05,679 Speaker 2: some sort of a fur coat in her pearls, and 1600 01:18:06,000 --> 01:18:09,280 Speaker 2: she's got her it's very sort of you know, like 1601 01:18:10,439 --> 01:18:13,080 Speaker 2: conquer the West from the US, do you know what 1602 01:18:13,080 --> 01:18:16,280 Speaker 2: I mean? Like frontier type vibes. She's got her hat on, 1603 01:18:16,360 --> 01:18:18,280 Speaker 2: she's got the rifle on her lap, she's sitting tea, 1604 01:18:18,400 --> 01:18:20,720 Speaker 2: sipping some tea. Then she picks up a rifle and 1605 01:18:20,760 --> 01:18:23,400 Speaker 2: shoots the possum out of the perherdicaa tree and the 1606 01:18:23,400 --> 01:18:26,800 Speaker 2: possum falls to the ground. Well, the Dear Stalker's Association 1607 01:18:26,920 --> 01:18:31,200 Speaker 2: didn't like this, did they Callum? The national president complained 1608 01:18:31,240 --> 01:18:35,040 Speaker 2: about it. He raised concerns with Doc on Wednesday, and 1609 01:18:35,040 --> 01:18:36,719 Speaker 2: it's all the video has been paused as a result 1610 01:18:36,800 --> 01:18:39,400 Speaker 2: of he said to Doc. Well, it violates Doc's own 1611 01:18:39,439 --> 01:18:43,000 Speaker 2: permit conditions. Violates the Firearm Safety in the Arms Act. 1612 01:18:43,280 --> 01:18:45,720 Speaker 2: If it was the Deer Stalker's Association, we probably would 1613 01:18:45,720 --> 01:18:49,479 Speaker 2: have got dragged across the coals for it. Anyone killing 1614 01:18:49,479 --> 01:18:52,360 Speaker 2: possums on conservation land had to apply for trapping permits. 1615 01:18:52,600 --> 01:18:55,519 Speaker 2: Did Marjorie apply for trapping permits? Probably not. You don't 1616 01:18:55,520 --> 01:18:57,760 Speaker 2: just shoot the possums out. Just went on and on 1617 01:18:57,760 --> 01:19:00,759 Speaker 2: on and on with the complaints from Callum shoot possums 1618 01:19:00,760 --> 01:19:03,360 Speaker 2: out of trees. Rifle depicted was more powerful than it 1619 01:19:03,400 --> 01:19:05,920 Speaker 2: needed to be. There was no safety backdrop. Honestly, Callum, 1620 01:19:06,640 --> 01:19:09,320 Speaker 2: what's a Friday night with you? Like, when you pull 1621 01:19:09,320 --> 01:19:11,519 Speaker 2: the trigger, you're responsible for where that bullet lands, and 1622 01:19:11,560 --> 01:19:14,639 Speaker 2: in that scenario, that bullet could have landed anywhere. So yeah, Doc, 1623 01:19:14,880 --> 01:19:17,080 Speaker 2: you know what, this is a lack of it. This 1624 01:19:17,160 --> 01:19:19,800 Speaker 2: is a lack of humor. Marjorie's not real. No one 1625 01:19:19,920 --> 01:19:22,639 Speaker 2: dresses like Marjorie anymore. No one sits on the porch 1626 01:19:23,000 --> 01:19:25,320 Speaker 2: in your furs and your pearls, sipping your tea and 1627 01:19:25,320 --> 01:19:27,680 Speaker 2: shooting possums out of the tree. It was meant to 1628 01:19:27,720 --> 01:19:35,519 Speaker 2: be funny. So twenty six past six show bears. Oh yeah, 1629 01:19:35,600 --> 01:19:38,120 Speaker 2: if you know that you're excited the lane Way lineup 1630 01:19:38,160 --> 01:19:39,800 Speaker 2: came out today. It's one of the biggest days of 1631 01:19:39,840 --> 01:19:42,880 Speaker 2: the year for the Kiwi music fans. The annual music 1632 01:19:42,920 --> 01:19:45,519 Speaker 2: festival tours around Australia and then it comes down and 1633 01:19:45,600 --> 01:19:49,120 Speaker 2: visits US at Western Springs and they bring massive artists 1634 01:19:49,200 --> 01:19:51,360 Speaker 2: right with. Laneway also managed to get some of the 1635 01:19:51,360 --> 01:19:53,719 Speaker 2: biggest up and coming ones and stuff before they get famous. 1636 01:19:53,760 --> 01:19:56,840 Speaker 2: For example, Billie Eilish performed as a BTA act all 1637 01:19:56,840 --> 01:19:58,599 Speaker 2: the way back in twenty nineteen and now look where 1638 01:19:58,640 --> 01:20:01,080 Speaker 2: she's gone now. This year list of artists is being 1639 01:20:01,120 --> 01:20:04,720 Speaker 2: touted as the best in Laneway's history. And if you 1640 01:20:04,760 --> 01:20:07,280 Speaker 2: don't know any of these people, do not worry. Just 1641 01:20:07,360 --> 01:20:09,320 Speaker 2: you know, run them by your kids. They'll tell you. 1642 01:20:09,400 --> 01:20:12,400 Speaker 2: Who they are headlining is none other than the Midwestern 1643 01:20:12,479 --> 01:20:16,080 Speaker 2: Princess herself, Chapel Rohne. Fans are predicting the show is 1644 01:20:16,080 --> 01:20:18,800 Speaker 2: going to sell out with her name alone. 1645 01:20:18,439 --> 01:20:19,839 Speaker 17: A full ninety minute spectacle. 1646 01:20:19,920 --> 01:20:22,800 Speaker 13: I think that's that's huge, man, Like we usually get like, 1647 01:20:22,840 --> 01:20:26,639 Speaker 13: what's seventy minutes, but ninety minutes and she's exclusive at Laneway. 1648 01:20:27,320 --> 01:20:28,080 Speaker 14: Oh man, this. 1649 01:20:28,120 --> 01:20:31,320 Speaker 2: Is going to sell out so incredibly quickly. Last year 1650 01:20:31,320 --> 01:20:32,760 Speaker 2: the show got a bit of flat for being two 1651 01:20:32,760 --> 01:20:35,280 Speaker 2: female centrics. So they've announced some artists. For the boys, 1652 01:20:35,439 --> 01:20:37,839 Speaker 2: Young Lean is going to be performing a set with Bladey. 1653 01:20:38,320 --> 01:20:40,840 Speaker 2: We don't know how to pronounce these things. They've also 1654 01:20:40,880 --> 01:20:43,680 Speaker 2: got low fi indie rock Darling Alex g and then 1655 01:20:43,720 --> 01:20:46,920 Speaker 2: for the Kiwi musicians, they've got Ringlets and Womb and Mocktron. 1656 01:20:47,160 --> 01:20:49,120 Speaker 2: They're all going to put on a show. I know, 1657 01:20:49,680 --> 01:20:52,799 Speaker 2: I know we're feeling old right now. I know tickets 1658 01:20:52,800 --> 01:20:54,559 Speaker 2: are going to go on sale on Tuesday, So good luck. 1659 01:20:54,640 --> 01:20:57,800 Speaker 2: Laneway is happening as you know, February fifth day before 1660 01:20:57,840 --> 01:21:17,599 Speaker 2: White Tonguey Day, twenty twenty six. Sam Dicky with us next. 1661 01:21:17,840 --> 01:21:20,519 Speaker 3: If it's to do with money, it matters to you. 1662 01:21:20,920 --> 01:21:23,840 Speaker 1: The Business Hour with the header due for Cellen and 1663 01:21:24,120 --> 01:21:27,880 Speaker 1: Maz for insurance investments and Chewie Saber and you're in 1664 01:21:27,960 --> 01:21:28,559 Speaker 1: good hands. 1665 01:21:28,840 --> 01:21:29,800 Speaker 3: News talks'd be. 1666 01:21:35,600 --> 01:21:38,320 Speaker 2: But Indebrady is with us out of the UK. People 1667 01:21:38,360 --> 01:21:41,760 Speaker 2: in the UK are not loving how thick Starmer is 1668 01:21:41,840 --> 01:21:44,559 Speaker 2: laying it on with Donald Trump. So we'll just get 1669 01:21:44,560 --> 01:21:46,160 Speaker 2: a bit of a vibe check with Inderwin. He's with 1670 01:21:46,240 --> 01:21:49,400 Speaker 2: us shortly hither. I just left my grandma's house. She 1671 01:21:49,560 --> 01:21:51,160 Speaker 2: is sitting there with a cup of tea and the 1672 01:21:51,200 --> 01:21:54,040 Speaker 2: twenty two, waiting for the possum that nibbled the cabbage 1673 01:21:54,120 --> 01:21:55,840 Speaker 2: last night. The possum is not going to go to waste. 1674 01:21:55,880 --> 01:21:57,160 Speaker 2: It's going to be served with the rest of the 1675 01:21:57,160 --> 01:21:59,040 Speaker 2: cabbage tomorrow night. I don't know if that is a 1676 01:21:59,040 --> 01:22:01,719 Speaker 2: true story from Wayne, but I hope it is. Twenty 1677 01:22:01,760 --> 01:22:05,120 Speaker 2: four away from seven now. This morning, the Fed delivered 1678 01:22:05,120 --> 01:22:07,320 Speaker 2: what markets had been expecting for weeks. It was a 1679 01:22:07,360 --> 01:22:10,720 Speaker 2: twenty five basis point rate cut. But the thing is 1680 01:22:10,720 --> 01:22:13,360 Speaker 2: that the US medium term interest rates actually higher following 1681 01:22:13,360 --> 01:22:14,640 Speaker 2: the cuts. So let's have a look at what's going 1682 01:22:14,680 --> 01:22:17,160 Speaker 2: on here. Sam Dickey from Fisher Funds is with us ay, Sam, 1683 01:22:17,400 --> 01:22:20,240 Speaker 2: good evening here. Why did the interest rates rise and 1684 01:22:20,320 --> 01:22:22,080 Speaker 2: how did the other asset classes react. 1685 01:22:23,520 --> 01:22:24,960 Speaker 3: It does seem like a bit of a paradox. 1686 01:22:25,040 --> 01:22:27,760 Speaker 27: You cut your benchmark rate and market interest rates go up. 1687 01:22:28,240 --> 01:22:31,840 Speaker 27: But like you said, this had been fully expected by 1688 01:22:31,880 --> 01:22:34,800 Speaker 27: the market ever since the US job market started to 1689 01:22:34,800 --> 01:22:37,519 Speaker 27: soften in earlier was so. In fact, at this time 1690 01:22:37,600 --> 01:22:40,800 Speaker 27: yesterday the market was pricing a one hundred and five 1691 01:22:40,840 --> 01:22:43,000 Speaker 27: percent chance of a rate cut today, which is a 1692 01:22:43,040 --> 01:22:44,880 Speaker 27: silly number. What that really means is the market was 1693 01:22:44,920 --> 01:22:47,360 Speaker 27: pricing a small chance of two rate cuts today, so 1694 01:22:47,360 --> 01:22:50,240 Speaker 27: the market was a little disappointed. The old buy the rumor, 1695 01:22:50,520 --> 01:22:54,040 Speaker 27: sell the fact. But on top of that, Palden commit 1696 01:22:54,120 --> 01:22:58,040 Speaker 27: to aggressive easing. He said he would do a kind 1697 01:22:58,040 --> 01:22:59,960 Speaker 27: of meeting by meeting approach, and in fact, the few 1698 01:23:00,240 --> 01:23:03,639 Speaker 27: raised their full year growth forecast from one point six 1699 01:23:03,680 --> 01:23:07,080 Speaker 27: to one point eight percent. So many in the market 1700 01:23:07,080 --> 01:23:09,719 Speaker 27: were hoping, you just commit to a fairly aggressive easing 1701 01:23:09,720 --> 01:23:12,840 Speaker 27: policy on the back of extremely weak jobs numbers, but 1702 01:23:12,880 --> 01:23:15,599 Speaker 27: he didn't do that. Other asset classes were pretty muted. 1703 01:23:15,680 --> 01:23:19,160 Speaker 27: US equities march higher, of course, upper touch. But the 1704 01:23:19,160 --> 01:23:22,759 Speaker 27: big move was the dollar. So because interest rates are higher, 1705 01:23:23,280 --> 01:23:25,880 Speaker 27: that means investing the US dollar and putting money in 1706 01:23:25,920 --> 01:23:27,960 Speaker 27: the bank there is relatively more attractive. So the US 1707 01:23:28,040 --> 01:23:30,439 Speaker 27: dollar went up and things like the KI dollar and 1708 01:23:30,439 --> 01:23:32,519 Speaker 27: Aussie dollar fell very sharply on the back of it. 1709 01:23:33,000 --> 01:23:34,880 Speaker 2: Now, what do you think is the real story behind 1710 01:23:34,920 --> 01:23:36,479 Speaker 2: the Fed's nine month paused before this? 1711 01:23:38,320 --> 01:23:40,920 Speaker 27: Yes, a lot of intrigue around this. So you have 1712 01:23:40,960 --> 01:23:41,840 Speaker 27: to take your hat off to. 1713 01:23:41,840 --> 01:23:42,519 Speaker 5: Powe and co. 1714 01:23:42,720 --> 01:23:46,000 Speaker 27: For standing fast for nine months in the face of 1715 01:23:46,120 --> 01:23:48,599 Speaker 27: President Trump. So President Trump has called him in recent 1716 01:23:48,640 --> 01:23:53,040 Speaker 27: months he complete failure and a real dummy because he 1717 01:23:53,040 --> 01:23:55,640 Speaker 27: should have cut rates some time ago, according to the administration. 1718 01:23:55,720 --> 01:23:57,680 Speaker 27: And of course presidents want to pressure the FED to 1719 01:23:57,720 --> 01:24:00,439 Speaker 27: ease rates rapidly because it stokes the economy and makes 1720 01:24:00,479 --> 01:24:03,360 Speaker 27: the administration look good ahead of midterm elections next year. 1721 01:24:03,400 --> 01:24:05,960 Speaker 27: But the Feed, on the other hand, has been concerned 1722 01:24:06,000 --> 01:24:11,320 Speaker 27: about the inflationary impact of tariffs, especially now tariffs have saddled, settled, 1723 01:24:11,400 --> 01:24:12,880 Speaker 27: and the rubber's going to meet the road there. 1724 01:24:13,800 --> 01:24:16,520 Speaker 2: What do you think this all means for investor Sam? 1725 01:24:17,400 --> 01:24:20,160 Speaker 27: I don't think Power is playing politics. I think he 1726 01:24:20,280 --> 01:24:22,400 Speaker 27: is doing what he's supposed to do, which is as 1727 01:24:22,520 --> 01:24:24,679 Speaker 27: maintainers independence, which I take my hat off to him. 1728 01:24:25,280 --> 01:24:28,000 Speaker 27: Remember inflation that the rubber does meet the road on 1729 01:24:28,040 --> 01:24:31,759 Speaker 27: inflation from here. So Home Depot, who we spoke to recently, 1730 01:24:31,800 --> 01:24:35,639 Speaker 27: who have held pricing firm despite the fact they import 1731 01:24:35,640 --> 01:24:37,440 Speaker 27: a lot of goods from around the world. 1732 01:24:37,680 --> 01:24:41,560 Speaker 3: They're subject to tariffs. They had a lot of low price. 1733 01:24:41,360 --> 01:24:44,599 Speaker 27: Inventory that the imported before the tariffs hit, but they 1734 01:24:44,720 --> 01:24:46,920 Speaker 27: basically run out of that low priced inventory, and they 1735 01:24:46,960 --> 01:24:50,320 Speaker 27: are strongly signaling that they will lift prices from here 1736 01:24:50,479 --> 01:24:53,639 Speaker 27: so if we do start to see arise in inflation, 1737 01:24:54,040 --> 01:24:56,760 Speaker 27: that might sort of tie the Fed's hands a wee bit. 1738 01:24:57,200 --> 01:24:59,280 Speaker 3: But if not, there's plenty more room to ease. 1739 01:25:00,000 --> 01:25:01,759 Speaker 2: Okay, Sam, Look, it's good to talk to you, as always. 1740 01:25:01,760 --> 01:25:04,320 Speaker 2: To talk to you again very soon, Sam Dickey official 1741 01:25:04,400 --> 01:25:07,240 Speaker 2: funds right now, it is twenty one away from seven. Ever, 1742 01:25:07,439 --> 01:25:10,479 Speaker 2: d I've been meaning to mention this, but I completely forgot. 1743 01:25:10,479 --> 01:25:12,839 Speaker 2: But you do need to know this. You know Jamie Beaton, 1744 01:25:13,040 --> 01:25:17,599 Speaker 2: who's the education wunderkind. He apparently considered running for national 1745 01:25:17,720 --> 01:25:20,920 Speaker 2: in the Auckland seat of Tarmaki. Apparently, according to Business 1746 01:25:20,920 --> 01:25:23,160 Speaker 2: Desk have been reporting this. He thought about it, he 1747 01:25:23,240 --> 01:25:26,720 Speaker 2: started some outreach work, like got quite far down down 1748 01:25:26,720 --> 01:25:29,559 Speaker 2: the path of this, started raising funds for the party. 1749 01:25:30,439 --> 01:25:32,800 Speaker 2: But as they were going through the selection progress his 1750 01:25:32,960 --> 01:25:36,640 Speaker 2: name process, sorry, his name dropped off the list of 1751 01:25:36,680 --> 01:25:40,600 Speaker 2: potential candidates. Had he run, he would have had a 1752 01:25:40,680 --> 01:25:44,120 Speaker 2: reasonable shot at it, because I mean he would have 1753 01:25:44,160 --> 01:25:47,080 Speaker 2: had a reasonable shot at being selected because he is incredible, 1754 01:25:47,320 --> 01:25:49,519 Speaker 2: but then also at winning the seat because it is 1755 01:25:49,560 --> 01:25:52,519 Speaker 2: actually a blue seat. It's only recently just last election 1756 01:25:52,960 --> 01:25:55,640 Speaker 2: that act On that Brook Van Down than Velden won it. 1757 01:25:55,640 --> 01:25:58,640 Speaker 2: For the first time. But he has obviously decided against it, 1758 01:25:58,640 --> 01:26:01,080 Speaker 2: so that's the thing that's not going to happen. Frankly though, 1759 01:26:01,120 --> 01:26:03,439 Speaker 2: given all of the businesses that he's running and how 1760 01:26:03,479 --> 01:26:05,479 Speaker 2: well he is doing, and all the travel that he's doing, 1761 01:26:05,560 --> 01:26:07,880 Speaker 2: I am surprised even thought about it. I don't know how 1762 01:26:07,880 --> 01:26:09,720 Speaker 2: he would have the time. But yeah, got on him 1763 01:26:09,720 --> 01:26:11,160 Speaker 2: for having a little bit of a think about it 1764 01:26:11,160 --> 01:26:15,200 Speaker 2: now staying in politics. So it got a little bit 1765 01:26:15,240 --> 01:26:19,040 Speaker 2: awkward at a mirroral debate in Wellington with a bit 1766 01:26:19,080 --> 01:26:23,120 Speaker 2: of snatching going on. So the background to what happened 1767 01:26:23,200 --> 01:26:26,240 Speaker 2: at this mayoral debate is that ray Chung has said 1768 01:26:26,280 --> 01:26:28,759 Speaker 2: that he's broken away from a group called Better Wellington 1769 01:26:28,760 --> 01:26:30,759 Speaker 2: because they've been getting a fair bit of negative press. 1770 01:26:30,800 --> 01:26:32,920 Speaker 2: But there are doubts as to just how much he's 1771 01:26:32,960 --> 01:26:36,439 Speaker 2: actually broken away from Better Wellington. He says he has, 1772 01:26:36,680 --> 01:26:39,639 Speaker 2: people don't believe it. So they're at this debate and 1773 01:26:39,800 --> 01:26:42,080 Speaker 2: he's busy speaking. By the way that the debate is 1774 01:26:42,120 --> 01:26:45,400 Speaker 2: run by the local newspaper there, the Post. He's busy speaking. 1775 01:26:45,920 --> 01:26:49,519 Speaker 2: While he's speaking, Andrew Little leans over the table takes 1776 01:26:50,240 --> 01:26:53,639 Speaker 2: ray Chung's speech notes and points out that he thinks 1777 01:26:53,680 --> 01:26:56,559 Speaker 2: that they are written by this group Better Wellington. Behind 1778 01:26:56,680 --> 01:26:59,280 Speaker 2: the camera, what you can't see is Ray Chung's two 1779 01:26:59,320 --> 01:27:02,439 Speaker 2: staffers trying to get his attention and signal to him 1780 01:27:02,439 --> 01:27:05,360 Speaker 2: to stop speaking. And then at the point, after a 1781 01:27:05,400 --> 01:27:07,839 Speaker 2: little while of Andrew Little having taken this away, Chunk's 1782 01:27:07,840 --> 01:27:11,800 Speaker 2: campaign volunteer walks in front of the camera, intervenes, tries 1783 01:27:11,840 --> 01:27:15,360 Speaker 2: to snatch the speech away from Andrew Little. She can't 1784 01:27:15,360 --> 01:27:17,160 Speaker 2: get it away from him, so she throws her hands 1785 01:27:17,240 --> 01:27:20,240 Speaker 2: up in frustration. And this is what it all sounded like. 1786 01:27:20,439 --> 01:27:22,879 Speaker 3: The raise come here with a speech drafted Peta Willington. 1787 01:27:23,360 --> 01:27:27,720 Speaker 1: If you've voted Andrew Little, you will, you will, you will, 1788 01:27:28,000 --> 01:27:29,880 Speaker 1: You'll be saying continued rights rises. 1789 01:27:31,200 --> 01:27:35,000 Speaker 2: So anyway, it would appear that the crazy and Wellington 1790 01:27:35,120 --> 01:27:39,800 Speaker 2: Local Body politics shows absolutely no sign whatsoever of abaiting 1791 01:27:40,000 --> 01:27:41,240 Speaker 2: nineteen away from seven. 1792 01:27:41,160 --> 01:27:43,440 Speaker 3: Croating the numbers and getting the results. 1793 01:27:43,680 --> 01:27:47,080 Speaker 1: It's hither dule c allen with the Business Hour and 1794 01:27:47,400 --> 01:27:51,839 Speaker 1: MAS for insurance investments and Kuie Saber you're in good hands, 1795 01:27:52,120 --> 01:27:52,800 Speaker 1: news Tog said. 1796 01:27:52,880 --> 01:27:55,720 Speaker 2: Be Wayne has followed up the story. It appears is 1797 01:27:55,760 --> 01:27:58,200 Speaker 2: not true because Grandma is not sitting there with a 1798 01:27:58,200 --> 01:27:59,600 Speaker 2: cup of tea she's in fact sitting there with the 1799 01:27:59,640 --> 01:28:03,320 Speaker 2: gin and waiting to shoot the possum. Actually, to be fair, 1800 01:28:03,439 --> 01:28:05,559 Speaker 2: I mean that's entirely believable. If you've if you've been 1801 01:28:05,600 --> 01:28:07,720 Speaker 2: anywhere where someone loves a gin and tonic and a 1802 01:28:07,760 --> 01:28:09,800 Speaker 2: gun on a farm, and I'm thinking of somebody in 1803 01:28:09,800 --> 01:28:12,320 Speaker 2: particular here. They do love to sit out there sometimes 1804 01:28:12,320 --> 01:28:14,800 Speaker 2: just waiting for a pest, don't they, And then take 1805 01:28:14,840 --> 01:28:16,960 Speaker 2: the pest out, carry on with life. Not a big deal. 1806 01:28:17,240 --> 01:28:21,400 Speaker 2: But don't tell the Deer Stalkers Association anyway. Listen, if 1807 01:28:21,439 --> 01:28:23,519 Speaker 2: you're beating yourself up because you're carrying a little bit 1808 01:28:23,560 --> 01:28:25,960 Speaker 2: of weight, I have got some fantastic news for you. 1809 01:28:26,320 --> 01:28:29,320 Speaker 2: There is a study out of Denmark that suggests you're 1810 01:28:29,439 --> 01:28:31,960 Speaker 2: okay if you're carrying a bit of weight. What you 1811 01:28:32,000 --> 01:28:34,639 Speaker 2: don't want to be is super skinny. Actually, if you're 1812 01:28:34,680 --> 01:28:37,040 Speaker 2: super skinny, and this is according to the BMI's I'm 1813 01:28:37,040 --> 01:28:38,599 Speaker 2: going to give you the BMS in a minute. If 1814 01:28:38,600 --> 01:28:41,559 Speaker 2: you're super skinny, you are three times more likely to 1815 01:28:41,640 --> 01:28:44,200 Speaker 2: die early than people who sit in the kind of 1816 01:28:44,240 --> 01:28:47,160 Speaker 2: middle to upper end of the so called healthy range 1817 01:28:47,439 --> 01:28:49,719 Speaker 2: of the BMIs. Now, before you write this office any 1818 01:28:49,840 --> 01:28:53,600 Speaker 2: another study this is eighty five thousand adults, and the 1819 01:28:53,680 --> 01:28:55,840 Speaker 2: Danes have done the study right, so we can believe 1820 01:28:55,840 --> 01:28:58,400 Speaker 2: this one. So basically, this is the BMI that you've 1821 01:28:58,400 --> 01:29:00,519 Speaker 2: got to care about. If you are one of those 1822 01:29:00,600 --> 01:29:04,320 Speaker 2: ridiculous people. I don't even know how you exist in life, 1823 01:29:04,640 --> 01:29:08,840 Speaker 2: but you have a BMI below eighteen point five, you 1824 01:29:08,920 --> 01:29:11,800 Speaker 2: are in trouble. You need to get your you need 1825 01:29:11,840 --> 01:29:14,200 Speaker 2: to get fat and get your BMI. Apps who about 1826 01:29:14,240 --> 01:29:17,040 Speaker 2: twenty two point five to between twenty two point five 1827 01:29:17,040 --> 01:29:20,559 Speaker 2: and twenty four point nine, because what happens is, basically 1828 01:29:20,600 --> 01:29:22,760 Speaker 2: the researchers found there's a U shaped curve when they 1829 01:29:22,760 --> 01:29:26,640 Speaker 2: PLoP the BMI against mortality. Those with the lowest BMIs 1830 01:29:26,720 --> 01:29:29,000 Speaker 2: and then the highest BMIs sit at the top of 1831 01:29:29,040 --> 01:29:31,840 Speaker 2: the U. They are the ones at greatest risk of death. 1832 01:29:31,880 --> 01:29:33,840 Speaker 2: And they seem to think that you're actually at a 1833 01:29:33,880 --> 01:29:36,040 Speaker 2: greater risk of death if you're super skinny than if 1834 01:29:36,040 --> 01:29:38,080 Speaker 2: you're just kind of starting to edge up towards the fat. 1835 01:29:38,320 --> 01:29:40,479 Speaker 2: Having some fat reserves, they say, can help the body 1836 01:29:40,520 --> 01:29:43,879 Speaker 2: cope with illness. For example, patients who undergo cancer treatments 1837 01:29:43,880 --> 01:29:46,679 Speaker 2: such as chemotherapy tend to lose weight due to factors 1838 01:29:46,680 --> 01:29:49,360 Speaker 2: such as appetite loss and changes to taste. Those with 1839 01:29:49,439 --> 01:29:51,800 Speaker 2: more fat reserves at the start can draw on them, 1840 01:29:52,040 --> 01:29:56,479 Speaker 2: helping their bodies continue essential functions. In contrast, someone with 1841 01:29:56,640 --> 01:29:59,240 Speaker 2: very little fat may run out of reserves, quickly limiting 1842 01:29:59,280 --> 01:30:03,080 Speaker 2: their bodies of below to recover. Now, did we or 1843 01:30:03,080 --> 01:30:05,679 Speaker 2: did we not always know this? Because if you look 1844 01:30:05,720 --> 01:30:08,679 Speaker 2: back through history, what you'll find is all the people 1845 01:30:08,680 --> 01:30:11,240 Speaker 2: who were celebrated with the fatties, won't they. I mean, 1846 01:30:11,240 --> 01:30:14,639 Speaker 2: that's why Ruben, that's everything that Ruben was about. All 1847 01:30:14,680 --> 01:30:19,400 Speaker 2: Reuben's paintings celebrate fat ladies. So basically the idea is, 1848 01:30:19,560 --> 01:30:22,360 Speaker 2: stop celebrating being super skinny, get back to carrying a 1849 01:30:22,400 --> 01:30:24,240 Speaker 2: little bit more fat because you might need it. You're 1850 01:30:24,280 --> 01:30:27,519 Speaker 2: welcome thirteen away from seven, Heather, do for seel Let 1851 01:30:27,560 --> 01:30:29,719 Speaker 2: me feel better about life right now? Into Brady UK 1852 01:30:29,760 --> 01:30:31,200 Speaker 2: correspondence with us alo Enda. 1853 01:30:32,080 --> 01:30:33,040 Speaker 25: Hey, Heather, how are you? 1854 01:30:33,040 --> 01:30:34,960 Speaker 2: You'll have a BMIVE around nineteen, won't you? 1855 01:30:36,240 --> 01:30:38,000 Speaker 25: I actually don't know what it is. I know what 1856 01:30:38,000 --> 01:30:40,200 Speaker 25: my VO two max is and that's the best measurement 1857 01:30:40,200 --> 01:30:42,679 Speaker 25: of fitness. That's fifty eight. So I think I'm doing 1858 01:30:42,720 --> 01:30:45,360 Speaker 25: okay there, But look I'm forty nine. I'm six foot 1859 01:30:45,400 --> 01:30:47,760 Speaker 25: three and away eighty five kilos and I'm a happy man. 1860 01:30:47,920 --> 01:30:49,120 Speaker 2: What's a VO two max. 1861 01:30:50,080 --> 01:30:52,320 Speaker 25: It's the amount of oxygen. It's the maximum amount of 1862 01:30:52,320 --> 01:30:55,400 Speaker 25: oxygen that your lungs can use in a minute while exercising. 1863 01:30:55,840 --> 01:30:58,120 Speaker 25: And just as a guide, the guy who won the 1864 01:30:58,120 --> 01:31:00,960 Speaker 25: Tour de France would maybe hit seventy nine eighty yep, 1865 01:31:01,080 --> 01:31:05,000 Speaker 25: and I'm fifty eight. Soh anyway, let's see how many 1866 01:31:05,000 --> 01:31:06,040 Speaker 25: marathon medals he has. 1867 01:31:06,560 --> 01:31:08,439 Speaker 2: Well, that's right, that's right. Ind you just be happy 1868 01:31:08,479 --> 01:31:11,439 Speaker 2: with you now, Okay, what did you think of Milania's outfit? 1869 01:31:12,960 --> 01:31:15,840 Speaker 25: Do you know what I would love to meet this woman, 1870 01:31:15,960 --> 01:31:19,040 Speaker 25: wouldn't I wouldn't mind interviewing her. Obviously that's probably never 1871 01:31:19,080 --> 01:31:21,040 Speaker 25: gonna happen, but I'd love to just have a beer 1872 01:31:21,080 --> 01:31:23,160 Speaker 25: with her or a glass of wine and chat. I 1873 01:31:23,200 --> 01:31:26,760 Speaker 25: think she has seen everything, knows everything. She is one 1874 01:31:26,800 --> 01:31:30,840 Speaker 25: of the most intriguing women in the world. The outfit. Yeah, 1875 01:31:30,920 --> 01:31:33,960 Speaker 25: I hear arguments for and against, but I think it 1876 01:31:33,960 --> 01:31:37,479 Speaker 25: has all gone swimmingly well so far. Today's the big test. 1877 01:31:37,880 --> 01:31:42,519 Speaker 25: Why press conference? So if you notice President Trump has 1878 01:31:42,560 --> 01:31:44,800 Speaker 25: not been exposed to any members of the press or 1879 01:31:44,840 --> 01:31:48,280 Speaker 25: the public. Yet he's met nobody apart from soldiers and 1880 01:31:48,320 --> 01:31:52,320 Speaker 25: the royal family. That's it. And I'm guessing servants at 1881 01:31:52,360 --> 01:31:55,760 Speaker 25: Windsor Castle and some Americans in the American embassy. He 1882 01:31:55,800 --> 01:31:58,559 Speaker 25: has not been exposed to the British press yet. So 1883 01:31:58,800 --> 01:32:01,920 Speaker 25: today is a big, big day. There's bilateral meeting with 1884 01:32:02,000 --> 01:32:05,000 Speaker 25: Keir Starmer at checkers out in Bookingham. Sure, so that 1885 01:32:05,040 --> 01:32:07,880 Speaker 25: will all be about trade deals and whatever little crumbs 1886 01:32:07,880 --> 01:32:11,479 Speaker 25: off the American blanket we can hoover up here. And 1887 01:32:11,560 --> 01:32:13,840 Speaker 25: then there will be a news conference and that's when 1888 01:32:13,840 --> 01:32:14,839 Speaker 25: it's going to get interesting. 1889 01:32:15,200 --> 01:32:17,640 Speaker 2: But this will be tightly controlled, won't it, In the 1890 01:32:17,640 --> 01:32:20,559 Speaker 2: way that it often is with visiting dignitaries. You get 1891 01:32:20,560 --> 01:32:22,680 Speaker 2: about three questions and that's about the extinct of it. 1892 01:32:23,880 --> 01:32:26,040 Speaker 25: I think they'll do their absolute best to control it. 1893 01:32:26,080 --> 01:32:28,080 Speaker 25: I think they'll keep it super short, like they did 1894 01:32:28,080 --> 01:32:31,080 Speaker 25: with the Putin press conference in Alaska after that meeting 1895 01:32:31,120 --> 01:32:35,240 Speaker 25: with Trump. But you know, this is the UK press 1896 01:32:35,280 --> 01:32:38,080 Speaker 25: that President Trump is going to be exposed to first, 1897 01:32:38,120 --> 01:32:41,280 Speaker 25: and foremost people will be asking questions about Peter Mandelsson 1898 01:32:41,320 --> 01:32:44,120 Speaker 25: and Jeffrey Epstein, and then I think if people wanted 1899 01:32:44,160 --> 01:32:47,080 Speaker 25: to be really troublesome. Trump is very good friends with 1900 01:32:47,160 --> 01:32:50,439 Speaker 25: Nigel Farage and he is running away with the polls 1901 01:32:50,479 --> 01:32:52,519 Speaker 25: at the moment, and I think it would be really 1902 01:32:52,520 --> 01:32:54,880 Speaker 25: awkward if someone were to ask him a question and say, 1903 01:32:55,200 --> 01:32:58,000 Speaker 25: mister President, do you think your friend Nigel Faraj will 1904 01:32:58,000 --> 01:33:00,920 Speaker 25: be Prime minister here in four years time? That could 1905 01:33:01,000 --> 01:33:05,160 Speaker 25: get interesting because he clearly likes Forage. They get on, 1906 01:33:05,240 --> 01:33:08,280 Speaker 25: there is a relationship, and Forage actually fancied being the 1907 01:33:08,400 --> 01:33:12,559 Speaker 25: UK ambassador to the United States when Trump won, and 1908 01:33:12,640 --> 01:33:16,200 Speaker 25: obviously that was never gonna happen. And now for Age's ambitions, 1909 01:33:16,320 --> 01:33:18,680 Speaker 25: he's not going to be happy with being an ambassador. 1910 01:33:18,840 --> 01:33:20,040 Speaker 25: He wants to be in number ten. 1911 01:33:20,560 --> 01:33:20,880 Speaker 4: Yeah. 1912 01:33:20,960 --> 01:33:24,799 Speaker 2: Interesting, Okay, how's the public feeling about how thick Stama 1913 01:33:24,840 --> 01:33:25,400 Speaker 2: is laying it on. 1914 01:33:27,080 --> 01:33:29,479 Speaker 25: I think it's sticking a little bit for a lot 1915 01:33:29,479 --> 01:33:33,320 Speaker 25: of people because it's just so much. You know, it's 1916 01:33:33,360 --> 01:33:36,479 Speaker 25: the biggest state visit ever. We're told in living memory, 1917 01:33:37,040 --> 01:33:41,040 Speaker 25: more music, more military, more soldiers, more aircraft, just more 1918 01:33:41,080 --> 01:33:44,200 Speaker 25: and more and more. And it's like someone typed into 1919 01:33:44,240 --> 01:33:46,559 Speaker 25: AI what would Trump like when he comes to England, 1920 01:33:46,880 --> 01:33:49,599 Speaker 25: and that's what they've done. It's just like off the scale. 1921 01:33:49,680 --> 01:33:53,760 Speaker 25: So I think the average person thinks that, you know, 1922 01:33:54,280 --> 01:33:56,760 Speaker 25: perhaps it's a little bit too much, but I think 1923 01:33:56,800 --> 01:33:59,000 Speaker 25: if you look at the relationship, look of where the 1924 01:33:59,080 --> 01:34:02,559 Speaker 25: UK is right now, absolutely desperate for trade deals, no 1925 01:34:02,680 --> 01:34:07,519 Speaker 25: growth in the economy whatsoever. Brexit has absolutely destroyed this 1926 01:34:07,600 --> 01:34:10,040 Speaker 25: country and Britain is very much afloat on the edge 1927 01:34:10,080 --> 01:34:12,439 Speaker 25: of Europe. France is on the brink of going bust, 1928 01:34:12,680 --> 01:34:16,320 Speaker 25: the Germans have no growth whatsoever. Starmer's doing his absolute 1929 01:34:16,320 --> 01:34:19,120 Speaker 25: best and I think this was the UK's trump card, 1930 01:34:19,400 --> 01:34:20,639 Speaker 25: no pun intended. Okay. 1931 01:34:20,880 --> 01:34:23,679 Speaker 2: Now on the recognition of the Palestinian state that's happening 1932 01:34:23,680 --> 01:34:25,679 Speaker 2: this weekend is it as. 1933 01:34:25,600 --> 01:34:28,720 Speaker 25: Soon as Trump leaves, So that's not happening today. It's 1934 01:34:28,760 --> 01:34:34,680 Speaker 25: being very carefully core choreographed this weekend time wise, So 1935 01:34:35,040 --> 01:34:38,599 Speaker 25: there's the UN General Assembly next week and as soon 1936 01:34:38,640 --> 01:34:40,880 Speaker 25: as the Trumps are out of town tomorrow tonight, and 1937 01:34:40,920 --> 01:34:43,880 Speaker 25: then there will be work on this tomorrow expecting announcement 1938 01:34:44,080 --> 01:34:48,160 Speaker 25: Saturday afternoon. Kirs Starmer is going to recognize Palestinian statehood 1939 01:34:48,320 --> 01:34:51,200 Speaker 25: and this is huge next week so you will have Britain, France, 1940 01:34:51,439 --> 01:34:55,280 Speaker 25: Canada and Australia all heading to the UN General Assembly 1941 01:34:55,560 --> 01:34:59,320 Speaker 25: and recognizing Palestinian statehood. This has never happened before in 1942 01:34:59,360 --> 01:35:02,439 Speaker 25: the UK. I think there's such feeling on the streets 1943 01:35:02,479 --> 01:35:05,040 Speaker 25: now that Israel has just done so much damage and 1944 01:35:05,120 --> 01:35:08,160 Speaker 25: killed so many people in Gaza, and yes, the hostages 1945 01:35:08,200 --> 01:35:11,120 Speaker 25: have to come home, but the scale of the response 1946 01:35:11,160 --> 01:35:14,240 Speaker 25: has just been so disproportionate that people will back this. 1947 01:35:14,800 --> 01:35:17,000 Speaker 2: Yeah, Enda, thank you so much. Appreciate your time, mate, 1948 01:35:17,000 --> 01:35:19,640 Speaker 2: look after you. Stuff that's into Brady, our UK correspondent. 1949 01:35:19,680 --> 01:35:25,080 Speaker 2: By the way, Kate oh got I forget what I'm 1950 01:35:25,080 --> 01:35:28,760 Speaker 2: supposed to call her Catherine. Catherine was wearing as in 1951 01:35:28,840 --> 01:35:32,479 Speaker 2: Kate Middleton was wearing a New Zealand designer. Again this 1952 01:35:32,520 --> 01:35:35,320 Speaker 2: is one of her favorites, actually, Amelia Wicksteed. She was 1953 01:35:35,360 --> 01:35:38,160 Speaker 2: wearing a coat by Amelia. So it's a burgundy coat, 1954 01:35:39,040 --> 01:35:42,680 Speaker 2: familiar shape for Royal watches, because of course people know 1955 01:35:42,880 --> 01:35:45,479 Speaker 2: that she loves to wear Emilia's stuff and Amelia stuff 1956 01:35:45,479 --> 01:35:48,400 Speaker 2: looks like Amelia stuff, so you'll have known it immediately. 1957 01:35:48,560 --> 01:35:51,519 Speaker 2: It's a woolcoat featuring a double breasted silhouette with buttons 1958 01:35:51,520 --> 01:35:54,200 Speaker 2: across the front and a tapered waistline. So very good 1959 01:35:54,280 --> 01:35:56,439 Speaker 2: day for Amelia because the minute Kate wears anything because 1960 01:35:56,439 --> 01:36:00,000 Speaker 2: she looks stunning. She'll have a BMI under nineteen obviously, 1961 01:36:00,520 --> 01:36:02,400 Speaker 2: so she's in the danger zone of being too skinny. 1962 01:36:02,560 --> 01:36:04,679 Speaker 2: But she looks stunning in her outfits, and I imagine 1963 01:36:04,680 --> 01:36:08,439 Speaker 2: that everything sells. Eight away from seven. 1964 01:36:07,800 --> 01:36:10,400 Speaker 1: It's the heather too for See Allan Drive Full Show 1965 01:36:10,439 --> 01:36:14,080 Speaker 1: podcast on iHeartRadio powered by Newstalk ZEBBI. 1966 01:36:16,320 --> 01:36:18,080 Speaker 2: Listen before I go, I have to give you something 1967 01:36:18,080 --> 01:36:20,240 Speaker 2: that that's a little bit optimistic. I've had an emails 1968 01:36:20,280 --> 01:36:21,680 Speaker 2: five away from seven. By the way, I've had an 1969 01:36:21,680 --> 01:36:25,120 Speaker 2: email from Graham, and Graham says, don't worry about the economy. 1970 01:36:25,400 --> 01:36:28,080 Speaker 2: He reckons month by month, thinks are better in his 1971 01:36:28,200 --> 01:36:31,040 Speaker 2: business than they were a year ago. The financial year 1972 01:36:31,080 --> 01:36:33,719 Speaker 2: today starting April has basically gone like this for him. 1973 01:36:34,000 --> 01:36:37,360 Speaker 2: April very similar to April twenty twenty four. May an 1974 01:36:37,400 --> 01:36:41,040 Speaker 2: improvement on May twenty twenty four, June big improvement on 1975 01:36:41,120 --> 01:36:43,800 Speaker 2: June twenty twenty four. July crashed and was horrible. It 1976 01:36:43,880 --> 01:36:47,639 Speaker 2: was the school holidays. August improvement on August twenty twenty four, 1977 01:36:47,640 --> 01:36:50,400 Speaker 2: and this September so far very busy and well ahead 1978 01:36:50,439 --> 01:36:53,000 Speaker 2: of September twenty twenty four. So from what I can see, 1979 01:36:53,040 --> 01:36:55,280 Speaker 2: says Graham, and we sell product anywhere from six hundred 1980 01:36:55,280 --> 01:36:57,880 Speaker 2: dollars to ten thousand dollars. Buyers a back in the market. 1981 01:36:58,200 --> 01:37:01,280 Speaker 2: NEWCAS sales will be also good for real estate is 1982 01:37:01,320 --> 01:37:03,360 Speaker 2: picking up where we live in Remy, where it properties 1983 01:37:03,360 --> 01:37:05,800 Speaker 2: are selling above CV for the first time, lots of 1984 01:37:05,840 --> 01:37:08,160 Speaker 2: bidders in the nine hundred k to two million dollar range. 1985 01:37:08,200 --> 01:37:11,160 Speaker 2: So there we go. We've been through the worst of it. 1986 01:37:11,160 --> 01:37:13,040 Speaker 2: It is on the improvement and hopefully what we saw 1987 01:37:13,080 --> 01:37:14,960 Speaker 2: today doesn't knock our confidence too much. 1988 01:37:15,360 --> 01:37:17,960 Speaker 9: Libby I've got a bit of Jade for us today, 1989 01:37:18,000 --> 01:37:21,240 Speaker 9: who is a previous member of the girl band Little Mix, 1990 01:37:22,040 --> 01:37:24,760 Speaker 9: and she released an album last week, and the song 1991 01:37:24,800 --> 01:37:27,280 Speaker 9: I've Got for Us is a song off that album 1992 01:37:27,320 --> 01:37:29,160 Speaker 9: that's done really well even though it's not a single, 1993 01:37:29,240 --> 01:37:33,599 Speaker 9: and people are loving it because it samples a Supreme's 1994 01:37:33,600 --> 01:37:36,320 Speaker 9: song Stop in the Name of Love, and Jade has 1995 01:37:36,400 --> 01:37:39,800 Speaker 9: kind of admitted that she is getting absolutely no royalties 1996 01:37:39,840 --> 01:37:42,800 Speaker 9: at all from the song because it has the Supremes 1997 01:37:42,800 --> 01:37:43,639 Speaker 9: track in it, so. 1998 01:37:43,560 --> 01:37:44,799 Speaker 2: The Supremes get all the royalties. 1999 01:37:44,880 --> 01:37:46,880 Speaker 9: They get all of the royalties, and that's the only 2000 01:37:46,920 --> 01:37:49,839 Speaker 9: reason that she could get their sample. So she's Wow accepted. 2001 01:37:49,960 --> 01:37:51,800 Speaker 2: And so were people liking it because they're like the tune, 2002 01:37:51,880 --> 01:37:53,559 Speaker 2: or they're liking it because she's a good bird giving 2003 01:37:53,600 --> 01:37:55,120 Speaker 2: the royalties to the people she sampled. 2004 01:37:55,320 --> 01:37:57,080 Speaker 9: Maybe a mix of both. I think people are liking 2005 01:37:57,120 --> 01:37:58,439 Speaker 9: it for the sample and they're kind of like, how 2006 01:37:58,439 --> 01:37:59,920 Speaker 9: did you get your hands on that? And she's gone 2007 01:38:00,040 --> 01:38:01,880 Speaker 9: where I'm getting absolutely nothing for it. 2008 01:38:02,080 --> 01:38:04,640 Speaker 2: K Okay, let's have a listen. I appreciate that. All right, 2009 01:38:04,720 --> 01:38:08,040 Speaker 2: We'll see you tomorrow. Fry Yay enjoyed the song. 2010 01:38:53,360 --> 01:38:56,519 Speaker 1: For more from Hither Duplassy Alan Drive, listen live to 2011 01:38:56,640 --> 01:38:59,599 Speaker 1: news talks it'd be from four pm weekdays, or follow 2012 01:38:59,640 --> 01:39:01,480 Speaker 1: the pod cast on iHeartRadio.