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Speaker 1: The only drive show you can try the truck to

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Speaker 1: ask the questions, you get the answers, find a fag

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Speaker 1: sack and give the analysis. Heather Duplicy Ellen, Drive with

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Speaker 1: One New Zealand and the power of satellite mobile news.

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Speaker 2: Talk said, be.

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Speaker 3: Afternoon, Welcome to the show. Coming up today, Transportman is

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Speaker 3: the Chris Bishop on the proposed road rule changes. We're

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Speaker 3: going to go to the States for a local take

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Speaker 3: on Trump's State of the Nation speech. Raud and Christie

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Speaker 3: now are Realist that agent on why so many townhouses

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Speaker 3: are not selling and Meridian Energy's boss on what their

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Speaker 3: hydro development plans are.

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Speaker 2: Heather Duplicy Allen, So.

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Speaker 3: The government's announced today that it would like to shake

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Speaker 3: up the road rules a little to allow kids under

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Speaker 3: the age of twelve to ride their bikes on the

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Speaker 3: footpath and e scooters to use cycle ways. Now, it

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Speaker 3: might surprise you to learn that both of those things

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Speaker 3: are currently against the rules. No kids are allowed on

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Speaker 3: footparts on their bikes unless the wheel's diameter is about

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Speaker 3: the length of the ruler or less, and e scooters

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Speaker 3: are not allowed to go in the cycle lanes. And

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Speaker 3: Italy will surprise you because we do all these things

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Speaker 3: all of the time, don't we. I mean, we've got

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Speaker 3: a cycleway near our house. Scooters are on that thing

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Speaker 3: constantly because it is frankly the safest place for a

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Speaker 3: scooter to be. I took my boy and his six

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Speaker 3: and nine year old cousins for a bike ride to

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Speaker 3: the skatepark at the Beach over summer. They rode on

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Speaker 3: the footpath. Two of those bikes were definitely against the rules,

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Speaker 3: way too big, So you could probably if you want

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Speaker 3: to characterize Chris Bishop's propose new rules as just changing

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Speaker 3: the law to reflect what we're already doing, I have

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Speaker 3: a question for you, though, Why have an age limit

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Speaker 3: for kids at all? I mean, we're hardly going to

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Speaker 3: stick to this rule. Are We're hardly going to say

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Speaker 3: to the twelve year old the day that they turn

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Speaker 3: thirteen that they now have to get off the footpath

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Speaker 3: and cycle on Ponsonby Road? Are we? In fact, we

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Speaker 3: regularly see older adults riding their bikes on Ponsonby Road,

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Speaker 3: pass on the footpaths past the cafes. We just step

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Speaker 3: out of the way. It's an adult on an adult

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Speaker 3: sized bike. Everybody just steps out of the way, lets

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Speaker 3: them through. That because they're on the footpath, they're courteous

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Speaker 3: and surrounded by pedestrians. They go really slowly. Here's my

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Speaker 3: propos how about when we change the rules, we actually

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Speaker 3: take the age limit out of it all together. Don't

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Speaker 3: have an age limit. Say to people, look, we would

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Speaker 3: prefer it if you would cycle on the road, but

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Speaker 3: if you can't do that safely, then you're welcome to

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Speaker 3: use the footpath if you have to go. If you

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Speaker 3: have to do that, please go slowly. Give pedestrians the

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Speaker 3: right of way. Because our preferences. No one dies on

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Speaker 3: the road, no one gets hurt on the footpath. Maybe

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Speaker 3: we could just pass a rule that reflects what we

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Speaker 3: are probably going to end up doing and what also

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Speaker 3: reflects common sense.

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Speaker 2: Heether du plus Ellen.

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Speaker 3: Ninety two. It's text number standard text. Please apply. I

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Speaker 3: love to know what you think about that.

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Speaker 1: Now.

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Speaker 3: The Reserve Bank is thinking about getting banks retail banks

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Speaker 3: to set up more ATMs and branches so that everyone

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Speaker 3: in the country has what they consider to be a

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Speaker 3: minimum level of cash services. It could actually mean creating

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Speaker 3: more than a thousand extra ATMs or branches. The Reserve

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Speaker 3: Banks Director of Money and Cash is Ian Wolford.

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Speaker 4: High en.

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Speaker 3: Hello, So what is the minimum level of cash service

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Speaker 3: that you want the banks to provide?

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Speaker 5: Well, we think at the moment what's missing is a

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Speaker 5: is a cash depot approach where people can go to

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Speaker 5: the matter which bank you're worth, you can deposit your

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Speaker 5: money into your account, you can withdraw, you can make change.

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Speaker 5: We think the country needs about thirteen hundred of those

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Speaker 5: in addition to what's currently out there. Now, banks could

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Speaker 5: choose to rationalize, you know, they could reduce the number

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Speaker 5: of individual bank ATMs and put more into these multi

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Speaker 5: bank ATMs, make it easier for people and make it

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Speaker 5: cheaper to do this. But the key thing is there's

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Speaker 5: been a lot of branches and ATMs closed over the

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Speaker 5: last ten years, and we think it's overshot and communities

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Speaker 5: need easier access to cash closer to home.

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Speaker 3: Now, this access to cash is that for normal punters

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Speaker 3: like myself or is it for businesses for everyone? The

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Speaker 3: reason I'm asking is that trial that you did in

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Speaker 3: why pocket Our was that just for normal people. It

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Speaker 3: was just the businesses.

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Speaker 5: That was just for retailers, and that was to make

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Speaker 5: it easier for retailers to bank their cash get changed

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Speaker 5: so they could get cash out over the counter, So

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Speaker 5: we were just testing that. But what we've learned, partly

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Speaker 5: from those cash trials, is this is really what communities need,

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Speaker 5: Like everyone in the community needs this.

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Speaker 3: Yeah, So would you if banks don't willingly do this

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Speaker 3: and do this of their own volition, would you be

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Speaker 3: able to force them to do it?

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Speaker 5: Yeah? So what we're saying is, let's start with a

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Speaker 5: voluntary conversation about how to do this, but then we

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Speaker 5: would look to regulate if we're not getting the results

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Speaker 5: that that we think are required.

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Speaker 3: Yes, okay, Now what is this a broken market? Is

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Speaker 3: the market not working here?

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Speaker 5: Yeah? Well, in a sense it is. What we're saying is,

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Speaker 5: you know, this has been left to the private sector

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Speaker 5: for a long time, but actually need some intervention now

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Speaker 5: because now you can understand on some levels banks choosing

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Speaker 5: to close branches that aren't getting used, but that has

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Speaker 5: an impact on people's choice. And so this is what

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Speaker 5: we would say is as a market failure and therefore

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Speaker 5: we do need to you know, intervene, insert ourselves a

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Speaker 5: bit and say this is what the community needs.

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Speaker 3: Yeah, but presumably the reason the banks of shut their

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Speaker 3: branches is because there aren't that many people in that

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Speaker 3: particular area using them, in which case, if there aren't

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Speaker 3: that many people, then the rest of us are going

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Speaker 3: to have to subsidize what few people do use them.

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Speaker 5: Right, That's why we're not really focusing on bank branches,

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Speaker 5: because what we understand is people do bank slightly differently now,

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Speaker 5: so they don't necessarily go to the bank, to the

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Speaker 5: bank branch in the way that they used to. So

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Speaker 5: we're not really talking about bank branches. We're just talking

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Speaker 5: about making sure people have access to cash. Yeah, an

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Speaker 5: ATM where it doesn't matter which bank you branch, which

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Speaker 5: bank bankwists, you walk into one of these and you

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Speaker 5: can deposit and get into your account. You know, people

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Speaker 5: work hard for their money. They want to be able

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Speaker 5: to withdraw it without cost when they want to. So

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Speaker 5: it's getting closer to two communities.

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Speaker 3: But even if it is, I mean, even if it

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Speaker 3: is just an eight and there will be an infrastructure cost.

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Speaker 3: So what is the cost of doing this? Have you estimated?

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Speaker 5: We think the cost is about one hundred million dollars.

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Speaker 3: A year, right, so that ends up what twenty bucks

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Speaker 3: per person in this country. That's a lot for the

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Speaker 3: rest of us to have to subsidize. Subsidize these people

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Speaker 3: to have access to cash, isn't.

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Speaker 5: It well when you say the rest of us about

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Speaker 5: more than eighty percent of people use cash regularly. Actually, now,

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Speaker 5: some people are quite reliant on cash and using it

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Speaker 5: quite quite heavily. Others use it much less frequently. But

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Speaker 5: we get very clear feedback from New Zealanders that people

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Speaker 5: want want the choice, and we've done quite a bit

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Speaker 5: of work on how much this matters to people when

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Speaker 5: it matters a lot to them, So it goes, it

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Speaker 5: goes a bit to this point of you know, what

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Speaker 5: should people expect from from their banks? You know banks

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Speaker 5: people work hard for their money. They put the money

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Speaker 5: in their bank, they want to take it out when

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Speaker 5: and where they want to. Should they have to pay

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Speaker 5: for that? Should they have to pay for an atm

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Speaker 5: our starting point is you know your bank is looking

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Speaker 5: after your money, and when you've got your money sitting

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Speaker 5: in your transaction account, banks are actually earning interest of that.

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Speaker 5: So it's not like it's a one way street here.

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Speaker 5: You know, there's a there's a whole relationship between customers

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Speaker 5: and banks and cash and we think that well, banks

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Speaker 5: have saved money over the years by reducing their footprint

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Speaker 5: and making it harder for people to access care. There's

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Speaker 5: a conversation to be had about who should pay for what,

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Speaker 5: and we're starting that conversation by saying we think banks

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Speaker 5: will be paying for a bit more of this.

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Speaker 3: Ian, thank you. I really appreciate your time. Ian Wilford,

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Speaker 3: Reserve Bank, Director of Money in Cash. You've got the

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Speaker 3: have you got the song?

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Speaker 6: So that the thing is Heather right when he said this,

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Speaker 6: but people were hard for the money. I mean, it

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Speaker 6: just kind of reminds you of that Donna Summer song,

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Speaker 6: doesn't it.

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Speaker 5: People were hard for the money. People were hard for

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Speaker 5: the money.

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Speaker 3: I pick Ian as a secret Donna Summers band, don't

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Speaker 3: you excellently?

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Speaker 5: People were hard for the.

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Speaker 3: Money, right they do, and for that reason they deserve

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Speaker 3: access to it.

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Speaker 1: Quarter past, It's the Heather do Bussy Alan Drive Bull

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Speaker 1: Show podcast on iHeartRadio powered My News Talk ZB.

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Speaker 3: Hither I always keep fifteen hundred dollars cash for natural

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Speaker 3: disasters in case of electricity cut OFFF and therefore no

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Speaker 3: F possible ATM. I love the way you handle Chippy

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Speaker 3: on his BS cheers are working cashier? Do you know what?

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Speaker 3: For a year rolling in it? I keep four hundred,

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Speaker 3: but by the end of like now ish it's dwindled.

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Speaker 3: I find other ways to spend it instead of the

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Speaker 3: natural disaster, so it gets a bit low. But fifteen

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Speaker 3: hundred is a lot in a nineteen past four.

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Speaker 1: Sport with generate for award winning performances, generate Kiwisavor dot

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Speaker 1: co dot n Set.

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Speaker 3: Darcy water Grave sports talkcoasters of that's a dars hey

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Speaker 3: here they see Rays has got a job at the

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Speaker 3: bar bars. But this is just like this is a

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Speaker 3: little gig rather than actual job, isn't it.

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Speaker 7: Precisely he's not allowed to do teo anyway, you tear

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Speaker 7: one star because he form always coach that it'll be

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Speaker 7: written in his contract. Oh no you don't. But he

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Speaker 7: he wants to get some skin back in the game again.

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Speaker 7: I think for his mental state. This is not that

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Speaker 7: I'm a psych and I've met him and I know

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Speaker 7: him because I only talk to him. But he needs this.

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Speaker 7: He just needs to get back on the horse again.

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Speaker 7: Just do some coaching, just get the feel of the

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Speaker 7: ball in his hand and having a chat to players.

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Speaker 3: And reputation to weave it.

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Speaker 7: I feel too much will be carried by this look

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Speaker 7: they're taking on the spring box.

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Speaker 4: This is a first up.

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Speaker 7: Game, but hard to find players for the Barbarians because

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Speaker 7: it's in this window this Nation's championships and there's a

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Speaker 7: few errant clubs that might release some players, but what's

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Speaker 7: in it for them?

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Speaker 8: Nothing?

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Speaker 7: The player comes back broken, what's the point. So it's

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Speaker 7: just he's getting back into the flavor. Look, if the

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Speaker 7: Barbarians roll South Africa as part of their prep that

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Speaker 7: the world's going to collapse, it's not going to happen.

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Speaker 7: They're more interesting, I mean, hell of a good time

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Speaker 7: and getting on the source.

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Speaker 3: Did you see what Justin Marshall said about the way

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Speaker 3: that Razor was sacked.

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Speaker 7: Kind of not really anything, Yeah, I don't think so,

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Speaker 7: but what exact So this is what he said in

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Speaker 7: the on this podcast.

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Speaker 3: He said Raiser got told at the same time as

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Speaker 3: the story was unfolding that he would no longer be

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Speaker 3: the All Blacks coach. It was something that took him

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Speaker 3: massively by surprise, because obviously he was getting told when

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Speaker 3: the rest of the world was being told. He had

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Speaker 3: no heads up and there was no ability to have

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Speaker 3: any more conversations.

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Speaker 7: I caught absolutely under the impression that he was called

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Speaker 7: and said, we've got a meeting in two days bringing lawyer.

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Speaker 7: That's what I'm under the impression, not that I was there,

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Speaker 7: but I think that's.

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Speaker 3: Normally if you listened to what the last thing that

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Speaker 3: Andrew Savill said on the Mike Hostking Breakfast Show when

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Speaker 3: I was covering for Mike was that his prediction for

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Speaker 3: this year was that Razor was gone. So how did

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Speaker 3: Raizer not hear that that was what was going on?

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Speaker 3: This did not take him by surprise. I mean, I

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Speaker 3: wouldn't think so.

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Speaker 7: It would have been floating around. He would have had

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Speaker 7: a sniffer that you did say.

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Speaker 3: So I don't think he was treated well, but I

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Speaker 3: don't think we need to pretend that it was worse

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Speaker 3: than what it was. Was bad enough already anyway.

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Speaker 7: Black Caps, Yeah, black Caps playing overnight two thirty in

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Speaker 7: the morning. That game kicks off. It's up against Can

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Speaker 7: you kick off a game of cricket or not? It

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Speaker 7: bowls off at tips off? I don't know. Sri Lanka

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Speaker 7: at home difficult always is. Yesterday over night last night,

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Speaker 7: the English somehow managed to scrape through against Pakistan to

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Speaker 7: get into the next level up from the eighth so

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Speaker 7: new Zel on beat Sri Lanka. They've got half a

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Speaker 7: grip on a position. If they lose, it gets increasingly difficult.

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Speaker 7: But we'll see what happens over the coming days. But

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Speaker 7: the thing is they're playing Sri Lanka at home. Maybe

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Speaker 7: the weather will turn up and ruin it for everybody.

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Speaker 7: They've had ashes with their bowling attack. Let's face it,

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Speaker 7: the batsmen have covered themselves with glory. Were the ones

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Speaker 7: that are batted anyway because from five on when they

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Speaker 7: have had a look in the last couple of games.

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Speaker 7: So what the bowling attack is going to be consisting

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Speaker 7: of as interesting to me. They're going I'll load it

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Speaker 7: with spinners. They're going to run one two seamers. I

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Speaker 7: don't think they run the whole gamut. This is going

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Speaker 7: to be a fascinating game and I will not be

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Speaker 7: getting up at two thirty and on that. We've got

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Speaker 7: Jacob Duffy joining us on the program to forecast what

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Speaker 7: may or may not happen, and Rob Penny's going to

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Speaker 7: join the show too. Is the Crusaders coach? Oh and

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Speaker 7: two not the greatest start, but I don't think it's

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Speaker 7: baby out with the bath war. He's had worse. But

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Speaker 7: we're going to talk to him about that because they've

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Speaker 7: got some really tough games coming up. Still, there's a

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Speaker 7: chance they go oh and five. I'm not having to.

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Speaker 3: Say no, stop it, Darcy, thank you. I'm looking forward

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Speaker 3: to your show. That's Darcy Wadgrave. He'll be back with

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Speaker 3: Sports Talk at seven o'clock. It's full twenty three.

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Speaker 1: The headlines and the hard questions. It's the mic asking.

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Speaker 9: Breakfast Tabell one for some of our school's primary principles

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Speaker 9: are voted to accept in Erica Stamford. The Education Minister

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Speaker 9: is with us and how many to go?

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Speaker 10: We have just got primary teachers to go.

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Speaker 2: What's the primary teacher's problem.

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Speaker 11: Well, they've been talking a lot about wanting to have

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Speaker 11: the Treaty of b Itany acknowledged.

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Speaker 12: There agreement.

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Speaker 9: You're seriously telling me that's what's holding it up. So

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Speaker 9: the secondary teachers say yes please, principles say yes please,

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Speaker 9: But the primary teachers, as long as we can do

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Speaker 9: a bit more treaty stuff we're not signed. Is that

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Speaker 9: what this is down to.

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Speaker 12: Well, it's one of the things that they've been to about.

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Speaker 9: Is the union, particularly in this case of probably.

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Speaker 3: The union are the Union, and they often talk about

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Speaker 3: things like the treaty.

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Speaker 9: Back tomorrow at six am the Mike Hosking Breakfast with

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Speaker 9: a Vita News Talks.

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Speaker 1: They be the name you trust to get the answers

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Speaker 1: you need. It's Heather Duplicyl and drive with one New

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Speaker 1: Zealand coverage like no one else news talk.

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Speaker 2: They be.

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Speaker 3: Trump's doing a State of the Nation's speech at the moment,

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Speaker 3: and during it he has been heckled a wee bit

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Speaker 3: by the Minnesota representative of il Hunt or Mark because

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Speaker 3: you know, they've got a bit of a thing between

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Speaker 3: each other. You know, they like love hate each other.

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Speaker 3: And this is him talking about his immigration crackdown. She

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Speaker 3: did not, He did not, rather take the jabs lightly

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Speaker 3: in that shame.

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Speaker 13: You should be ashamed of yourself, not standing.

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Speaker 2: He should be ashamed of yourself.

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Speaker 13: That is why I'm also asking you to end deadly

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Speaker 13: sanctuary cities that protect the criminals and enact serious penalties

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Speaker 13: for public officials who you blocked the removal of primallelands

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Speaker 13: in many cases, drug lords, murders all over our country.

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Speaker 13: They're blocking the removal of these people out of our country,

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Speaker 13: and you should be ashamed of your.

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Speaker 3: Son Boe Erickson is the roytiest reporter who's there at

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Speaker 3: the speech. We're gonna have a chat to hehrm malfter

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Speaker 3: five o'clock. Hither you're riding on the foot path idea

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Speaker 3: and rather you're riding on the foot path idea is

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Speaker 3: way too much common sense, so they won't do that.

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Speaker 3: But I think you're right, Thank you so dewy as

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Speaker 3: it turns out. Anyway, we're going to talk to Chris

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Speaker 3: Boshop about it because he's the man in charge of

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Speaker 3: making this decision. After five, news is next.

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

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Speaker 1: your car on your drive home, it's Heather duplicy Ellen

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Speaker 1: drive with one New Zealand and the power of satellite

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Speaker 1: mobile news talks.

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Speaker 2: They'd be.

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Speaker 3: Stop, Heather. The banks are making increasingly huge profits. One

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Speaker 3: hundred million may sound like a lot, but it's only

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Speaker 3: one percent of their annual pre tax profit and one

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Speaker 3: off cost with minimum maintenance. I also notice every bank

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Speaker 3: branch before they closed had long queues in them. That's

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Speaker 3: from Adam Adam fairpoint. Although one hundred million dollars, I mean,

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Speaker 3: you're not going to pay for it. You realize that

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Speaker 3: it always gets passed on to us, doesn't it. So

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Speaker 3: we'll be the ones where wearing the cost I would say, well,

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Speaker 3: I've got you know what, I've got a little bit

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Speaker 3: of good news for you out of hospitality, and there's

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Speaker 3: not a lot of good news out of hospitality. Cassia,

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Speaker 3: which is the awesome Indian restaurant in Auckland, which moved

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Speaker 3: to Sky City's dining precinc they were somewhere else and

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Speaker 3: then they they were down on Fort Street. I think

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Speaker 3: then they moved to sky City. They are now going

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Speaker 3: to move away from sky City again to their own

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Speaker 3: space so they can be one hundred percent owner operator,

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Speaker 3: they say, because of better economic conditions. So they're moving

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Speaker 3: to the corner of Albert and Wyndham Street, which is

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Speaker 3: next to the Voco Hotel. And frankly whatever, I don't care.

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Speaker 3: I'm just happy to hear that they're doing well and

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Speaker 3: others are too. Twenty four away from five, it's.

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Speaker 2: The world wires on you talks, he'd be drive.

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Speaker 3: Donald Trump's made his big State of the Nation State

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Speaker 3: of the Union speech today. Here's some of it.

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Speaker 14: Twelve months ago, I had just inherited a nation in crisis.

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Speaker 14: I can say with dignity and pride that we have

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Speaker 14: achieved a transformation like no one has ever seen before

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Speaker 14: and a turnaround for the ages.

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Speaker 15: It is indeed a turnaround for the ages.

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Speaker 3: Now Barry Soap has been enjoying it about as much

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Speaker 3: as he usually enjoys listening to Trump speaks, So we'll

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Speaker 3: get him on for his review in about ten minutes.

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Speaker 3: Spoiler alert, he'll be hating it over. In Australia, Prime

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Speaker 3: Minister Albow had to evacuate his official official residence last

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Speaker 3: night because of a security incident. So police advised him

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Speaker 3: to evacuate the lodge and then searched the grounds, but

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Speaker 3: they gave the all claire after a few hours. Cabinet

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Speaker 3: Minister Julian Hill says it's all a bit worrying.

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Speaker 16: Political leaders, judges and others can move freely about society,

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Speaker 16: can engage right across all parts of society without massive

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Speaker 16: security cordons and bubbles around them. Want to lose that

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Speaker 16: aspect of our national character and we need to turn

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Speaker 16: the temperature down.

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Speaker 3: And finally there's major breakthrough from scientists. We know how

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Speaker 3: horses nay, now we didn't know that before. I mean

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Speaker 3: this may surprise you, but we didn't actually know how

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Speaker 3: they Nay, a winnie involves a horse making a high

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Speaker 3: and low pitched sound at the same time, and we

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Speaker 3: could only work out how they were making the low

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Speaker 3: pitched one. Danish scientists have now figured out that the

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Speaker 3: high pitched sound that sound is the horses whistling when

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Speaker 3: they winny, which is the same way that mites and

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Speaker 3: ras rats make the sound when they squeak.

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

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Speaker 1: for New Zealand Business.

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Speaker 3: Dan Mitchison Our US correspondence with US. Hello Dan, Hi, Heather,

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Speaker 3: You've been enjoying the speech.

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Speaker 17: You know, why don't we just bring in Barry now

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Speaker 17: get his review, because yeah, the last I checked a

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Speaker 17: couple of minutes ago, the President was still talking. I mean,

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Speaker 17: he was going about ninety five minutes so far, boasting

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Speaker 17: about the job market and you know, just like we expected,

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Speaker 17: hoping to convince the majority of Americans, I think that

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Speaker 17: the economy is stronger than many believe it is, and

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Speaker 17: and they should vote for more by backing Republicans during

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Speaker 17: the midterm elections. And again right off the bat, I

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Speaker 17: mean Representative Val Green, he was escorted out of the

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Speaker 17: chamber for the second year in a row. He was

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Speaker 17: carrying a sign that said black people aren't apes, and

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Speaker 17: that referenced the video that we talked about earlier that

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Speaker 17: the President Trump reposted depicting the Obamas apes last month.

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Speaker 3: You have to be fair, Tom, he hasn't been speaking

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Speaker 3: for ninety five minutes, because there was at least there

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Speaker 3: was there was a he was liked by at least

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Speaker 3: eleven minutes. There was a fair amount of clapping that

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Speaker 3: took up some time at the start right there.

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Speaker 17: Well you're right, you're right, and they build that into

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Speaker 17: the speech too, And I mean there was there was

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Speaker 17: a well, I thought it was a shock. He gave

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Speaker 17: the Presidential Medal of Freedom to the Men's USA a

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Speaker 17: hockey goalie who stopped a number of goals in the

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Speaker 17: final match against Canada. He had a couple of touching moments.

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Speaker 17: I guess you know, yannored a hero who rescued dozens

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Speaker 17: of campers and staff from a camp mystic. The entire

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Speaker 17: room Democrats and and well the Democrats that showed up,

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Speaker 17: there were dozens who didn't end. Republicans were on their

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Speaker 17: feet there. So I mean, I think this is just

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Speaker 17: a typical Trump speech. Had a little bit more energy

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Speaker 17: actually than I was I was expecting it. In some ways,

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Speaker 17: it kind of felt like a rally speech that he

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Speaker 17: used to give.

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Speaker 3: Interesting, Now, what's up with this website where he's selling washes, not.

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Speaker 17: Just watches, luxury watches eighteen carat gold for up to

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Speaker 17: one hundred thousand dollars and there's even a design inspired

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Speaker 17: by his mug shot. He's of course, you know, he

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Speaker 17: wouldn't have anybody else in the ad, the TV ad

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Speaker 17: on that and he did that too, and he said,

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Speaker 17: it's hello everybody, It's it's President Trump. And check out

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Speaker 17: this red beauty. It's one of my new watches. And

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Speaker 17: you know, he's got a tagline that says where the

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Speaker 17: name own the legacy? So these are limited edition ones.

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Speaker 17: But I mean, we just have never seen anything like

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Speaker 17: this where you have a president in office who is

439
00:20:58,280 --> 00:21:01,919
Speaker 17: is hawking things, not quite on the Home shopping network,

440
00:21:01,920 --> 00:21:03,880
Speaker 17: but on Fox and other websites as well.

441
00:21:04,680 --> 00:21:06,080
Speaker 3: He has to mean to the office. I mean, there's

442
00:21:06,080 --> 00:21:09,240
Speaker 3: no doubt about that. Okay, Now, what is it that

443
00:21:09,359 --> 00:21:11,680
Speaker 3: is so fascinating about this? The release of the information

444
00:21:11,720 --> 00:21:13,000
Speaker 3: on the UFOs.

445
00:21:13,640 --> 00:21:15,840
Speaker 17: All right, Well, you've got everybody talking about this still, right.

446
00:21:15,920 --> 00:21:17,880
Speaker 17: You had Biden that touched on it, you had Obama

447
00:21:17,920 --> 00:21:19,639
Speaker 17: that came out and said there were well, you know,

448
00:21:19,680 --> 00:21:21,159
Speaker 17: he kind of retracted a little bit of what he

449
00:21:21,200 --> 00:21:25,720
Speaker 17: said about aliens. But you had our Defense Secretary Hedgsith

450
00:21:25,720 --> 00:21:28,679
Speaker 17: who said the Pentagon is working now on identifying and

451
00:21:28,720 --> 00:21:33,800
Speaker 17: releasing government files related to ETS, and President Trump has

452
00:21:33,800 --> 00:21:35,400
Speaker 17: said he was going to do this. He says, we've

453
00:21:35,400 --> 00:21:38,000
Speaker 17: got our people working on it right now. But there

454
00:21:38,040 --> 00:21:41,600
Speaker 17: are those who accuse our country, as was the case

455
00:21:41,600 --> 00:21:43,919
Speaker 17: in a new Telegraph article that just came out, that

456
00:21:43,960 --> 00:21:47,760
Speaker 17: our Air Force is sharing fake news about this. There

457
00:21:47,840 --> 00:21:51,639
Speaker 17: is no ET, there's no extraterrestrial activity. These are just

458
00:21:51,880 --> 00:21:55,080
Speaker 17: nefarious activities. And this is from a doctor David Clark,

459
00:21:55,080 --> 00:21:57,440
Speaker 17: who's a lecture over in the UK, and he's spent

460
00:21:57,520 --> 00:22:00,480
Speaker 17: years researching official documents and UFOs. He says, you know what,

461
00:22:00,520 --> 00:22:03,159
Speaker 17: there's nothing that I found that makes me believe that

462
00:22:03,280 --> 00:22:06,720
Speaker 17: aliens have visited or that we have contact with aliens.

463
00:22:06,760 --> 00:22:09,920
Speaker 2: So you know, again, it's like Bigfoot.

464
00:22:09,960 --> 00:22:11,720
Speaker 17: You're going to have those who believe in those who don't.

465
00:22:11,800 --> 00:22:13,879
Speaker 3: It's the suggestion that they're pretending that there may have

466
00:22:13,960 --> 00:22:16,359
Speaker 3: been something unidentified when actually they know for well, it

467
00:22:16,400 --> 00:22:19,200
Speaker 3: was US aircraft exactly.

468
00:22:19,240 --> 00:22:21,320
Speaker 17: Yeah, they're just saying that this has all been since

469
00:22:21,640 --> 00:22:24,439
Speaker 17: since the fifties. Basically, this is just to cover up

470
00:22:24,440 --> 00:22:28,920
Speaker 17: for US aircraft and the activities that we've been doing

471
00:22:28,960 --> 00:22:32,520
Speaker 17: that legal or not legal, And this is just a

472
00:22:32,560 --> 00:22:34,800
Speaker 17: way of sort of covering their rears. You know, you're

473
00:22:34,800 --> 00:22:36,760
Speaker 17: sort of deflecting it by saying, oh boy, we've got

474
00:22:36,960 --> 00:22:38,879
Speaker 17: we've got something else here that we just don't know

475
00:22:38,920 --> 00:22:40,440
Speaker 17: what it is, but it's not US.

476
00:22:41,119 --> 00:22:43,439
Speaker 3: Interesting, Dan, thanks very much, appreciate it. Dan, to go

477
00:22:43,480 --> 00:22:46,400
Speaker 3: back and enjoy the speech. He's still going, Dan mitchienson

478
00:22:46,560 --> 00:22:50,760
Speaker 3: US correspondent eighteen away from five hither Dullen? Who are

479
00:22:50,760 --> 00:22:52,760
Speaker 3: the things I forgot to tell you? Well, it's really

480
00:22:52,760 --> 00:22:56,000
Speaker 3: one other thing. Read the road rules that Bush is

481
00:22:56,040 --> 00:22:59,359
Speaker 3: proposing to shake up. He wants to introduce a mandatory

482
00:22:59,400 --> 00:23:03,000
Speaker 3: passing app depending on the speed limit, where you have

483
00:23:03,080 --> 00:23:05,439
Speaker 3: to give motorists have to give a greater clearance to

484
00:23:05,760 --> 00:23:08,320
Speaker 3: cyclists and horse riders as they go by. So I

485
00:23:08,359 --> 00:23:10,520
Speaker 3: think it's it's somewhere. It's somewhere between one and one

486
00:23:10,520 --> 00:23:12,679
Speaker 3: point five meters, depending on how fast you're going. If

487
00:23:12,680 --> 00:23:14,800
Speaker 3: you're going slower, it's just a meter. Going faster, it's

488
00:23:14,840 --> 00:23:18,760
Speaker 3: one point five meters. Now again, I think it's just

489
00:23:18,800 --> 00:23:21,960
Speaker 3: common sense. I don't know if you're one of those

490
00:23:22,119 --> 00:23:23,560
Speaker 3: I'm not one of those people that can judge a

491
00:23:23,640 --> 00:23:26,919
Speaker 3: distance very easily when I'm just at ever, So I

492
00:23:26,960 --> 00:23:29,199
Speaker 3: don't know what one meat has looked, one meter looks like.

493
00:23:29,280 --> 00:23:32,680
Speaker 3: So I don't. I don't, I don't know. I won't

494
00:23:32,720 --> 00:23:34,720
Speaker 3: know if I'm obeying the rules or not. I just

495
00:23:34,760 --> 00:23:37,399
Speaker 3: will simply not know. But I will try my very hardest.

496
00:23:37,400 --> 00:23:40,200
Speaker 3: But that's kind of dumb, isn't it, If you're asking.

497
00:23:40,320 --> 00:23:40,879
Speaker 6: But I don't know.

498
00:23:40,920 --> 00:23:42,720
Speaker 3: Maybe I'm being unfair on this. I just feel like

499
00:23:42,720 --> 00:23:45,720
Speaker 3: common sense probably dictate you give a wide enough birth anyway.

500
00:23:45,800 --> 00:23:49,320
Speaker 3: Chris Bishop is with us after five o'clock on housing density,

501
00:23:49,320 --> 00:23:51,800
Speaker 3: which is also in his wheelhouse. There's an interesting thing

502
00:23:51,800 --> 00:23:54,359
Speaker 3: that's happening at the moment in Auckland and in christ Chuche,

503
00:23:54,359 --> 00:23:57,160
Speaker 3: and we've discussed this on the show. Pertaining to christ Church.

504
00:23:57,480 --> 00:24:00,520
Speaker 3: There are now townhouses that are not so they are

505
00:24:00,560 --> 00:24:03,720
Speaker 3: sitting on the market so long that they are losing

506
00:24:03,840 --> 00:24:07,120
Speaker 3: their new build status. Now the new built status. Basically,

507
00:24:07,119 --> 00:24:08,880
Speaker 3: a new build is defined as a home that has

508
00:24:08,920 --> 00:24:11,600
Speaker 3: received its code compliance certificate within the last six months

509
00:24:11,600 --> 00:24:13,640
Speaker 3: and has never been lived in. It is now sitting

510
00:24:13,640 --> 00:24:15,320
Speaker 3: on the market so long that the code of that

511
00:24:15,600 --> 00:24:17,280
Speaker 3: goes beyond six months. Some of them are taking a

512
00:24:17,359 --> 00:24:19,840
Speaker 3: year to sell. And why it's important that it is

513
00:24:19,920 --> 00:24:22,479
Speaker 3: classified as a new builder is because it unlocks the

514
00:24:22,480 --> 00:24:24,880
Speaker 3: market to first home buyers who can get a hold

515
00:24:24,920 --> 00:24:26,480
Speaker 3: of that property a lot easier. They get all kinds

516
00:24:26,480 --> 00:24:29,480
Speaker 3: of concessions to buy it. Anyway, so many I've heard

517
00:24:29,480 --> 00:24:33,200
Speaker 3: so many stories about new builds just sitting there townhouses unbought,

518
00:24:33,200 --> 00:24:35,080
Speaker 3: and part of the problem is in some cases they

519
00:24:35,080 --> 00:24:37,360
Speaker 3: don't have enough parking around the place and whatnot. Anyway,

520
00:24:37,560 --> 00:24:39,960
Speaker 3: we will have a chat to Ruden Christy Realist that

521
00:24:40,040 --> 00:24:43,320
Speaker 3: agent on what exactly is going wrong here. So I

522
00:24:43,320 --> 00:24:45,440
Speaker 3: feel like it does somewhat go. It goes some way

523
00:24:45,480 --> 00:24:47,479
Speaker 3: to demolishing the idea that we really need to an

524
00:24:47,520 --> 00:24:49,560
Speaker 3: Auckland go for like two million builds. Do you know

525
00:24:49,600 --> 00:24:51,440
Speaker 3: what I mean? If you can't even sell what you've

526
00:24:51,440 --> 00:24:53,280
Speaker 3: got at the moment, do you really need to aim

527
00:24:53,280 --> 00:24:56,240
Speaker 3: that high? Sixteen away from five Politics?

528
00:24:56,240 --> 00:24:59,400
Speaker 1: With centrics credit check your customers and get payments certainty

529
00:25:00,000 --> 00:25:00,400
Speaker 1: any morning.

530
00:25:00,359 --> 00:25:03,000
Speaker 3: Herald's broken. Quite a fascinating story about something Elbow wants

531
00:25:03,080 --> 00:25:05,280
Speaker 3: to do. Basically, what he wants to do is increase

532
00:25:05,320 --> 00:25:07,520
Speaker 3: the number of MPs in Parliament before the end of

533
00:25:07,560 --> 00:25:09,160
Speaker 3: the term. I'll run you through that when I get

534
00:25:09,160 --> 00:25:11,560
Speaker 3: a chance. Right now, thirteen away from five, Barry Soaper,

535
00:25:11,600 --> 00:25:14,399
Speaker 3: senior Political correspondence with me. Hello, Barry, good afternoon. He

536
00:25:14,640 --> 00:25:15,480
Speaker 3: Do you enjoy the speech?

537
00:25:15,640 --> 00:25:19,840
Speaker 4: Oh, I've been reveling in it all afternoon. It's still

538
00:25:19,880 --> 00:25:22,920
Speaker 4: going Oh, Donald will be there for a few hours yet,

539
00:25:22,920 --> 00:25:26,080
Speaker 4: I would think, but look, I've been watching it. It's

540
00:25:26,119 --> 00:25:29,679
Speaker 4: been fascinating because they've trucked in a number of people.

541
00:25:29,880 --> 00:25:35,120
Speaker 4: The hockey team was one, gave the Presidential Freedom Medal

542
00:25:35,280 --> 00:25:39,520
Speaker 4: to the one of the members of that. He's trotted

543
00:25:39,560 --> 00:25:43,479
Speaker 4: in other people and identified them, and the audience and

544
00:25:43,520 --> 00:25:45,959
Speaker 4: the House has stood up. The Republican side of their

545
00:25:45,960 --> 00:25:49,680
Speaker 4: house were like yo yo's up and down throughout the speech,

546
00:25:49,760 --> 00:25:54,879
Speaker 4: applauding this wonderful man, but being Donald Trump, it was

547
00:25:55,000 --> 00:25:57,560
Speaker 4: more about the great things he's done since he's been

548
00:25:57,600 --> 00:26:00,320
Speaker 4: given the job for a second time. Listen to this

549
00:26:00,400 --> 00:26:04,160
Speaker 4: man who is so clearly proud of himself.

550
00:26:04,280 --> 00:26:06,320
Speaker 14: What a difference a president makes.

551
00:26:06,840 --> 00:26:10,159
Speaker 18: A short time ago, we were a dead country. Now

552
00:26:10,240 --> 00:26:13,680
Speaker 18: we are the hottest country anywhere in the world, the hottest.

553
00:26:15,359 --> 00:26:18,600
Speaker 18: Our country is winning again. In fact, we're winning so

554
00:26:18,760 --> 00:26:22,280
Speaker 18: much that we really don't know what to do about it.

555
00:26:22,760 --> 00:26:26,360
Speaker 18: People are asking me, please, please, please, mister president.

556
00:26:26,400 --> 00:26:27,480
Speaker 14: We're winning too much.

557
00:26:27,840 --> 00:26:30,639
Speaker 18: We can't take it anymore. We're not used to winning

558
00:26:30,680 --> 00:26:32,560
Speaker 18: in our country until.

559
00:26:32,280 --> 00:26:33,119
Speaker 4: You came along.

560
00:26:33,240 --> 00:26:34,800
Speaker 15: We're just always losing.

561
00:26:34,840 --> 00:26:36,399
Speaker 13: But now we're winning too much.

562
00:26:36,520 --> 00:26:38,879
Speaker 18: And the big story was how Donald Trump called the

563
00:26:38,920 --> 00:26:44,119
Speaker 18: economy correctly, and twenty two Nobel Prize winners in economics didn't.

564
00:26:44,520 --> 00:26:45,760
Speaker 15: They got it totally wrong.

565
00:26:46,200 --> 00:26:47,320
Speaker 4: They got it really wrong.

566
00:26:48,160 --> 00:26:50,000
Speaker 15: It's saving our country.

567
00:26:50,040 --> 00:26:53,680
Speaker 18: The kind of money we're taking in peace protecting many

568
00:26:53,720 --> 00:26:55,960
Speaker 18: of the wars I settled was because of the threat

569
00:26:56,000 --> 00:26:56,600
Speaker 18: of tariffs.

570
00:26:56,600 --> 00:26:58,199
Speaker 4: I wouldn't have been able to settle him with a

571
00:26:59,680 --> 00:27:04,000
Speaker 4: We helped him with our tariffs, solving the wars that

572
00:27:04,080 --> 00:27:05,920
Speaker 4: he solved, and not quite sure.

573
00:27:05,800 --> 00:27:07,920
Speaker 3: Verry, I just want to alaud you, No, I want

574
00:27:07,960 --> 00:27:09,879
Speaker 3: to take a moment to applaud you because you know

575
00:27:11,000 --> 00:27:13,760
Speaker 3: you have chosen to respond to the speech with laughter

576
00:27:14,880 --> 00:27:17,080
Speaker 3: the way, which I think is a healthier response than

577
00:27:17,280 --> 00:27:18,240
Speaker 3: the usual rage.

578
00:27:20,119 --> 00:27:25,920
Speaker 4: I honestly, psychologically can't get over a man who stands

579
00:27:26,000 --> 00:27:29,600
Speaker 4: up there and beats his own chest says I'm the

580
00:27:29,640 --> 00:27:32,000
Speaker 4: best thing that ever happened to this warry.

581
00:27:32,119 --> 00:27:35,120
Speaker 3: There are some there are there are some corporate courses

582
00:27:35,240 --> 00:27:39,560
Speaker 3: that would encourage you to reflect on whether what is

583
00:27:39,320 --> 00:27:42,399
Speaker 3: what is triggering about his behavior is perhaps something that

584
00:27:42,440 --> 00:27:46,000
Speaker 3: you find irritating in your own self. I mean, look,

585
00:27:46,000 --> 00:27:48,199
Speaker 3: there is some there are some there is some theory

586
00:27:48,320 --> 00:27:53,560
Speaker 3: about that that I think you could possibly What do

587
00:27:53,560 --> 00:27:55,399
Speaker 3: you make of these road chances.

588
00:27:55,520 --> 00:27:57,440
Speaker 4: Well, I think some of them are very good. I'm

589
00:27:57,480 --> 00:28:01,920
Speaker 4: surprised that parents worry up there little kids riding their

590
00:28:01,960 --> 00:28:05,320
Speaker 4: bikes on the footpaths. I mean, you know that you

591
00:28:05,320 --> 00:28:07,200
Speaker 4: couldn't put them on the road when they're young.

592
00:28:07,600 --> 00:28:09,000
Speaker 3: No, parents don't worry about it.

593
00:28:09,640 --> 00:28:12,280
Speaker 4: Some of them don't know about it that it's illegal

594
00:28:12,720 --> 00:28:14,040
Speaker 4: to be on the on the foot point.

595
00:28:14,119 --> 00:28:15,560
Speaker 3: No, we do know that. We just ignore it.

596
00:28:16,000 --> 00:28:19,000
Speaker 4: Well, yes we do. But they're going to make it

597
00:28:19,320 --> 00:28:22,280
Speaker 4: so that it isn't illegal, and I think that's great.

598
00:28:23,280 --> 00:28:25,399
Speaker 4: You know, there are a number of things that are

599
00:28:25,400 --> 00:28:29,159
Speaker 4: out there now for discussion and you can make submissions

600
00:28:29,200 --> 00:28:32,040
Speaker 4: on it. Are the things that really annoy you buses

601
00:28:32,080 --> 00:28:34,560
Speaker 4: pulling out in front of you while there's going to

602
00:28:34,600 --> 00:28:39,000
Speaker 4: be changed to the law apparently if we'll agree to it,

603
00:28:39,320 --> 00:28:42,240
Speaker 4: that to give a bit of space and give the

604
00:28:42,280 --> 00:28:43,160
Speaker 4: bus the right.

605
00:28:43,040 --> 00:28:43,840
Speaker 3: Away where they.

606
00:28:46,160 --> 00:28:49,560
Speaker 4: Yes, indeed, so it will clarify a lot of the law.

607
00:28:49,680 --> 00:28:52,480
Speaker 4: And there's you know, there are plenty of laws on

608
00:28:52,600 --> 00:28:57,040
Speaker 4: the statute books that we we don't adhere to and

609
00:28:57,120 --> 00:29:00,280
Speaker 4: don't know about, and this hopefully will clarify what you

610
00:29:00,320 --> 00:29:01,480
Speaker 4: can and can't do on the road.

611
00:29:01,800 --> 00:29:04,880
Speaker 3: Now is what is the what's going on with rough

612
00:29:04,880 --> 00:29:05,680
Speaker 3: sleepers for you today?

613
00:29:05,720 --> 00:29:10,640
Speaker 4: We'll see that immediately twigged to me the new rules

614
00:29:10,640 --> 00:29:14,440
Speaker 4: and the foot paths that you can have bicycles on

615
00:29:14,480 --> 00:29:17,280
Speaker 4: the foot paths, so you'll be able to once the

616
00:29:17,360 --> 00:29:20,880
Speaker 4: rough sleepers are gone, much more comfort riding down the street.

617
00:29:22,240 --> 00:29:27,560
Speaker 3: But no, sound like more of an entitled boomer right.

618
00:29:27,440 --> 00:29:31,920
Speaker 4: Now, No, no, no, excuse me. I've talked to a

619
00:29:32,040 --> 00:29:34,120
Speaker 4: lot of people on the road that I like to

620
00:29:34,160 --> 00:29:37,880
Speaker 4: call Cracker Happy Road here in Auckland, and I do

621
00:29:37,960 --> 00:29:41,200
Speaker 4: talk to them and you know, ask them what their

622
00:29:41,240 --> 00:29:45,880
Speaker 4: situation is. Many of them like living there now. Stuff

623
00:29:45,920 --> 00:29:50,480
Speaker 4: went out and did interview the couple today. Justin Croswell

624
00:29:50,960 --> 00:29:52,800
Speaker 4: said he had been rough sleeping on and off for

625
00:29:52,840 --> 00:29:56,520
Speaker 4: close to thirty years and has spent much of the

626
00:29:56,560 --> 00:30:00,960
Speaker 4: time in Auckland City Center no doubt on k Road.

627
00:30:01,720 --> 00:30:03,960
Speaker 4: He said he doesn't like going out of the city.

628
00:30:04,520 --> 00:30:07,560
Speaker 4: He finds the streets in the inner city his home.

629
00:30:07,880 --> 00:30:10,520
Speaker 4: He's cross well from the streets and another one of

630
00:30:10,520 --> 00:30:12,080
Speaker 4: his companions, I'm not.

631
00:30:12,200 --> 00:30:15,640
Speaker 19: Liking it, my opinion, museum they product here in the

632
00:30:15,640 --> 00:30:19,600
Speaker 19: first place, they put me here. I don't want to

633
00:30:19,600 --> 00:30:23,560
Speaker 19: be putting in this position, but I particularly don't like it.

634
00:30:24,160 --> 00:30:26,880
Speaker 19: I never asked to go because he's no no Miki.

635
00:30:26,920 --> 00:30:30,400
Speaker 19: Heusing for a moment at all, and they told to

636
00:30:30,480 --> 00:30:31,840
Speaker 19: me one we don't now where he has to go.

637
00:30:32,800 --> 00:30:34,360
Speaker 19: I don't hear what they're doing me, but I'm not

638
00:30:34,600 --> 00:30:39,200
Speaker 19: moving from this place. You know my home, and I

639
00:30:39,320 --> 00:30:41,960
Speaker 19: know me out of my home. You know him to

640
00:30:42,080 --> 00:30:42,520
Speaker 19: drag me.

641
00:30:42,480 --> 00:30:43,680
Speaker 20: Out, but I'm not.

642
00:30:43,840 --> 00:30:44,400
Speaker 21: I'm not needing.

643
00:30:44,880 --> 00:30:47,640
Speaker 12: I think they will just go straight to jail.

644
00:30:47,800 --> 00:30:50,840
Speaker 20: It's not what I think, it's what they helped you.

645
00:30:51,160 --> 00:30:53,560
Speaker 13: Because at the updates, the waste of the text players

646
00:30:53,680 --> 00:30:57,080
Speaker 13: running and people are working the arses off just for

647
00:30:57,240 --> 00:30:58,880
Speaker 13: people to keep house in jail.

648
00:30:59,680 --> 00:31:04,160
Speaker 4: I don't sorry, so no, but the thing is that

649
00:31:05,120 --> 00:31:08,400
Speaker 4: you know he's not going to move and so it's

650
00:31:08,440 --> 00:31:11,600
Speaker 4: going to be very difficult for him. And there again

651
00:31:11,640 --> 00:31:14,400
Speaker 4: because he's yelled a bit of abuse at you.

652
00:31:14,440 --> 00:31:17,480
Speaker 3: Mate, justin all right, thank you a very soper political

653
00:31:17,520 --> 00:31:20,960
Speaker 3: senior political correspondence. Seven away from five hither here and

654
00:31:21,040 --> 00:31:25,480
Speaker 3: Upper Kashmire also known as Spray, and we're being surrounded

655
00:31:25,480 --> 00:31:27,760
Speaker 3: by an oversupply of one and two bedroom townhouses, even

656
00:31:27,800 --> 00:31:29,640
Speaker 3: though they are very close to an intermediate school and

657
00:31:29,640 --> 00:31:31,400
Speaker 3: with Kashmere High School not far away. I think the

658
00:31:31,440 --> 00:31:33,840
Speaker 3: problem is that these townhouses are not built with families

659
00:31:33,840 --> 00:31:36,080
Speaker 3: of mind. We can't all be dinkies. I think that

660
00:31:36,080 --> 00:31:38,720
Speaker 3: that's fair. I think I think that is And another

661
00:31:38,760 --> 00:31:40,840
Speaker 3: text has come in actually saying basically that's the problem.

662
00:31:40,880 --> 00:31:43,280
Speaker 3: It's the number of bedrooms and stuff. Listen, quick update

663
00:31:43,320 --> 00:31:45,280
Speaker 3: for you on medimp which is the outfit that was

664
00:31:45,320 --> 00:31:48,400
Speaker 3: hacked on Sunday and we talked about it yesterday. Medimap

665
00:31:48,480 --> 00:31:51,600
Speaker 3: is now seeking urgently seeking a court injunction to stop

666
00:31:51,600 --> 00:31:55,000
Speaker 3: the publication of hacked information. Apparently there is a person

667
00:31:55,480 --> 00:31:58,440
Speaker 3: who is claiming that they are the hacker who has

668
00:31:58,480 --> 00:32:03,120
Speaker 3: gone to media and sent sensitive patient information. They claim,

669
00:32:03,360 --> 00:32:05,120
Speaker 3: so they've sent samples of what they've got. They claim

670
00:32:05,120 --> 00:32:07,960
Speaker 3: they're going to release additional material publicly if their demands

671
00:32:07,960 --> 00:32:11,440
Speaker 3: are not met. But the media publications who are publishing

672
00:32:11,440 --> 00:32:12,960
Speaker 3: this are not telling us what the demands a us,

673
00:32:13,000 --> 00:32:15,440
Speaker 3: we have no idea, no idea what information they've got,

674
00:32:15,440 --> 00:32:17,520
Speaker 3: no idea what the demands are. They claim they have

675
00:32:17,560 --> 00:32:21,040
Speaker 3: over one hundred thousand pieces of data. The company this is,

676
00:32:21,080 --> 00:32:24,240
Speaker 3: Mediamap says the injunction is being sought to prohibit anyone

677
00:32:24,240 --> 00:32:27,640
Speaker 3: from accessing, using, copying, sharing, or publishing any MEDIMAP data

678
00:32:27,680 --> 00:32:30,720
Speaker 3: that they may have had unlawfully obtained, and they will

679
00:32:30,760 --> 00:32:33,000
Speaker 3: seek to limit any further spread of the information online.

680
00:32:33,000 --> 00:32:34,840
Speaker 3: So it answers a question that we had yesterday as

681
00:32:34,880 --> 00:32:37,840
Speaker 3: the hack reel. If this person is to be believed, yes,

682
00:32:37,880 --> 00:32:41,200
Speaker 3: maybe so right Chris Bishop is with US Housing Minister.

683
00:32:41,240 --> 00:32:43,360
Speaker 3: Transport Minister will talk to him about these new road

684
00:32:43,400 --> 00:32:45,880
Speaker 3: rules and maybe also just a quick question on the density.

685
00:32:46,040 --> 00:32:56,840
Speaker 3: Newstalk zbu.

686
00:33:03,440 --> 00:33:05,240
Speaker 8: Oh, I get this with my.

687
00:33:08,320 --> 00:33:11,120
Speaker 2: Dressing the newsmakers to get the real story.

688
00:33:11,280 --> 00:33:14,720
Speaker 1: It's Heather Duplicyl and drive with One New Zealand to

689
00:33:14,800 --> 00:33:17,560
Speaker 1: coverage like no one else News Dogs There be.

690
00:33:19,560 --> 00:33:21,960
Speaker 3: Good afternoon. The government is proposing a shake up of

691
00:33:21,960 --> 00:33:25,000
Speaker 3: the road rules that would require motorists to give cyclists

692
00:33:25,000 --> 00:33:27,560
Speaker 3: and horse riders at least a meter clearance when passing,

693
00:33:27,960 --> 00:33:30,120
Speaker 3: and it would allow East scooters to use cycle lanes

694
00:33:30,160 --> 00:33:31,959
Speaker 3: and kids under the age of twelve to ride their

695
00:33:32,000 --> 00:33:35,000
Speaker 3: bikes on footpaths. Chris Buship is the Transport Minister High.

696
00:33:34,800 --> 00:33:36,160
Speaker 2: Bish good E.

697
00:33:36,480 --> 00:33:38,640
Speaker 3: Now is part of what you're doing just changing the

698
00:33:38,720 --> 00:33:40,760
Speaker 3: law to reflect what we are already doing.

699
00:33:41,880 --> 00:33:44,200
Speaker 22: That's that's part of it, to be honest. I mean

700
00:33:44,240 --> 00:33:46,160
Speaker 22: a lot of people will be surprised to learn that

701
00:33:46,160 --> 00:33:48,480
Speaker 22: if your kids ten then goes out for a bike

702
00:33:48,480 --> 00:33:51,080
Speaker 22: along the footpath, you're actually technically breaking the law. It's

703
00:33:51,080 --> 00:33:52,480
Speaker 22: how a lot of kids learn to bikes, how I

704
00:33:52,560 --> 00:33:54,880
Speaker 22: learned to bike, for example, and how a lot of

705
00:33:54,960 --> 00:33:56,320
Speaker 22: young kire We kids grow up.

706
00:33:56,360 --> 00:33:58,000
Speaker 2: So it's just reflecting reality.

707
00:33:58,200 --> 00:34:01,560
Speaker 22: And you know, same with the eastcoders and cycle lanes

708
00:34:01,560 --> 00:34:03,000
Speaker 22: for example. I mean I think a lot of people

709
00:34:03,000 --> 00:34:05,400
Speaker 22: would be surprisingly and that's against the rules at the moment.

710
00:34:05,520 --> 00:34:07,240
Speaker 22: So you know you've got to keep the law up

711
00:34:07,240 --> 00:34:09,440
Speaker 22: with reality and how people actually live their lives, and

712
00:34:09,520 --> 00:34:10,239
Speaker 22: so that's what we're doing.

713
00:34:10,440 --> 00:34:12,239
Speaker 3: I can't imagine much of this is going to be

714
00:34:12,239 --> 00:34:14,200
Speaker 3: particularly controversial. What do you think.

715
00:34:15,239 --> 00:34:15,840
Speaker 2: I don't think so.

716
00:34:16,080 --> 00:34:17,680
Speaker 22: I mean, we're doing a whole lot of other smaller

717
00:34:17,760 --> 00:34:20,520
Speaker 22: changes around heavy vehicles for example as well. Look to

718
00:34:20,520 --> 00:34:22,200
Speaker 22: be honest with you, heither the law has just been

719
00:34:22,239 --> 00:34:25,240
Speaker 22: out of date in this for probably ten to fifteen years.

720
00:34:26,400 --> 00:34:29,080
Speaker 22: It's part of sort of good stewardship of the box

721
00:34:29,120 --> 00:34:31,319
Speaker 22: and making sure that we keep the statue books up

722
00:34:31,360 --> 00:34:32,640
Speaker 22: to date with what we're doing. And there's a whole

723
00:34:32,640 --> 00:34:34,880
Speaker 22: lot of red tape around heavy vehicles, which you know

724
00:34:34,960 --> 00:34:38,080
Speaker 22: most people will find incredibly boring. It's incredibly complicated, but

725
00:34:38,120 --> 00:34:40,319
Speaker 22: it's all red tape and compliance costs and it does

726
00:34:40,640 --> 00:34:42,680
Speaker 22: flow through to the price of goods and over time

727
00:34:42,760 --> 00:34:44,560
Speaker 22: makes a difference. So this is all about, you know,

728
00:34:44,640 --> 00:34:46,960
Speaker 22: getting on with the basics of fixing New Zealand.

729
00:34:47,239 --> 00:34:49,680
Speaker 3: How seriously, though, do you expect people to take this?

730
00:34:49,760 --> 00:34:50,960
Speaker 3: I mean, are you expecting that?

731
00:34:51,040 --> 00:34:51,239
Speaker 8: Yep?

732
00:34:51,320 --> 00:34:53,839
Speaker 3: Your twelve year olds on the foot path a minute

733
00:34:53,880 --> 00:34:55,719
Speaker 3: they turn thirteen, they're often they're on the road and

734
00:34:55,760 --> 00:34:57,279
Speaker 3: it's dangerous, but they're on the road.

735
00:34:58,640 --> 00:35:00,880
Speaker 22: Oh look, don't I don't think that's going to be

736
00:35:00,920 --> 00:35:07,960
Speaker 22: the case obviously, and you know, absolutely not. But I

737
00:35:07,960 --> 00:35:10,879
Speaker 22: think this rule that we're making, or the rule change

738
00:35:10,920 --> 00:35:13,080
Speaker 22: we're making, strikes you know, the right balance.

739
00:35:13,400 --> 00:35:15,480
Speaker 3: Really, the reason I'm asking is because it kind of

740
00:35:15,480 --> 00:35:18,719
Speaker 3: fundamentally gets I mean, I reached this point where I go, well,

741
00:35:18,760 --> 00:35:20,400
Speaker 3: why do we even have these rules, because for the

742
00:35:20,400 --> 00:35:23,600
Speaker 3: most part we were actually not following them. We're using

743
00:35:23,640 --> 00:35:25,920
Speaker 3: our common sense. And you can't really object if someone's

744
00:35:26,000 --> 00:35:27,920
Speaker 3: using their common sense, if they're fourteen years old and

745
00:35:27,960 --> 00:35:30,279
Speaker 3: on the footpath instead of a busy main road. So

746
00:35:30,320 --> 00:35:32,360
Speaker 3: what really is the point in these rules?

747
00:35:33,000 --> 00:35:34,920
Speaker 22: Well, that would be my major point, which is that

748
00:35:35,440 --> 00:35:38,640
Speaker 22: so much of being safe on the roads is actually

749
00:35:38,680 --> 00:35:40,719
Speaker 22: about common sense, which I think is the point you make,

750
00:35:41,239 --> 00:35:43,480
Speaker 22: and we've sort of lost sight of that in EA

751
00:35:43,520 --> 00:35:46,160
Speaker 22: Zealand a long time ago. So, yeah, you know, be

752
00:35:46,239 --> 00:35:49,280
Speaker 22: safe to everybody, keep safe on the roads usually common sense.

753
00:35:49,320 --> 00:35:50,840
Speaker 22: I mean, you know a bit of that goes along with.

754
00:35:50,920 --> 00:35:52,520
Speaker 3: I mean, is it not possible just to make a

755
00:35:52,560 --> 00:35:55,680
Speaker 3: rule along the lines of you should largely be cycling

756
00:35:55,760 --> 00:35:57,319
Speaker 3: on the road if you can but if it's really

757
00:35:57,320 --> 00:35:59,520
Speaker 3: busy and you can go slowly on the footpath, that's

758
00:35:59,560 --> 00:36:02,719
Speaker 3: also chick. That doesn't really matter what age you are here.

759
00:36:02,800 --> 00:36:05,920
Speaker 22: Well, look, we're out for consultation. We're not wedded to

760
00:36:05,920 --> 00:36:08,319
Speaker 22: the twelve year old thing, and that's just a you know,

761
00:36:08,360 --> 00:36:10,359
Speaker 22: it's a good proxy for when you know, around about

762
00:36:10,360 --> 00:36:12,200
Speaker 22: twelve thirteen year it's sort of safe to go on

763
00:36:12,239 --> 00:36:12,640
Speaker 22: the roads.

764
00:36:12,960 --> 00:36:13,880
Speaker 2: But we're not wedded to that.

765
00:36:13,960 --> 00:36:15,840
Speaker 22: So if people reckon that's a good rule, we're happy

766
00:36:15,840 --> 00:36:17,239
Speaker 22: to you know, I'm happy to take feedback on.

767
00:36:17,360 --> 00:36:17,480
Speaker 5: Now.

768
00:36:17,560 --> 00:36:19,720
Speaker 3: Listen, bish, have you seen what's going on in Auckland.

769
00:36:19,719 --> 00:36:21,439
Speaker 3: It's in the news today. There are a whole bunch

770
00:36:21,480 --> 00:36:24,160
Speaker 3: of townhouses that haven't sold because there are just too

771
00:36:24,160 --> 00:36:27,200
Speaker 3: many townhouses in Auckland, And there are townhouses that no

772
00:36:27,239 --> 00:36:30,080
Speaker 3: one wants because there's no parking outside, kind of bringing

773
00:36:30,200 --> 00:36:32,680
Speaker 3: us to the point that maybe density doesn't always work.

774
00:36:34,600 --> 00:36:36,440
Speaker 22: Yeah, I've seen that, and you know, there's a bit

775
00:36:36,440 --> 00:36:38,319
Speaker 22: of feedback coming in. So we're having a look at

776
00:36:38,480 --> 00:36:42,080
Speaker 22: car park provision and management as part of you know,

777
00:36:42,120 --> 00:36:44,480
Speaker 22: the resource management at reforms. We've we've kicked off some

778
00:36:44,560 --> 00:36:47,960
Speaker 22: work on that. You know, I get it in suburban areas.

779
00:36:48,000 --> 00:36:49,680
Speaker 22: You know, people want car parks, you know, but they

780
00:36:49,680 --> 00:36:52,920
Speaker 22: don't necessarily want them in apartments by train stations, for example.

781
00:36:53,719 --> 00:36:55,560
Speaker 22: So there's a there's a bit of a balance to

782
00:36:55,600 --> 00:36:57,080
Speaker 22: be struck there, and we're having a look at that.

783
00:36:57,320 --> 00:36:59,600
Speaker 3: Bish. Thank you very much, Chris Bushop, Transport Minister. Eleven

784
00:36:59,600 --> 00:37:03,560
Speaker 3: past five, what either due for Ellen? Donald Trump has

785
00:37:03,600 --> 00:37:06,120
Speaker 3: delivered his State of the Union address. The bulk of

786
00:37:06,120 --> 00:37:08,720
Speaker 3: his speech was spent riving about his achievements on the economy,

787
00:37:08,760 --> 00:37:10,480
Speaker 3: declaring once and for all that America is.

788
00:37:10,440 --> 00:37:16,319
Speaker 15: Back, Members of Congress, and my fellow Americans, our nation

789
00:37:16,600 --> 00:37:21,799
Speaker 15: is back, bigger, better, richer, and stronger than ever before.

790
00:37:22,600 --> 00:37:27,160
Speaker 3: Bo Erickson is Reut's US politics correspondent with US right now, Hi, Bo,

791
00:37:28,440 --> 00:37:31,280
Speaker 3: Hello there. How much of the speech was grounded in reality?

792
00:37:32,800 --> 00:37:34,600
Speaker 10: You know, it was a long speech. It was an

793
00:37:34,640 --> 00:37:37,600
Speaker 10: hour and forty seven minutes. That is the longest State

794
00:37:37,680 --> 00:37:41,000
Speaker 10: of the Union address in history, as we can tell.

795
00:37:41,360 --> 00:37:44,920
Speaker 10: And a lot of the speech really focused on politics,

796
00:37:44,920 --> 00:37:47,960
Speaker 10: so we made a lot of political claims. He really

797
00:37:48,239 --> 00:37:51,719
Speaker 10: kind of treaded on some kind of older ground though,

798
00:37:51,760 --> 00:37:55,080
Speaker 10: focusing on a lot of domestic issues like the economy

799
00:37:55,080 --> 00:37:58,720
Speaker 10: and what his administration's trying to address some affordability issues

800
00:37:58,760 --> 00:38:02,319
Speaker 10: here in the United States. Really focused on like some

801
00:38:02,480 --> 00:38:06,920
Speaker 10: gory examples of immigration, trying to talk up his immigration

802
00:38:07,640 --> 00:38:10,200
Speaker 10: enforcement effort here in the United States. And there is

803
00:38:10,239 --> 00:38:12,880
Speaker 10: this time that kind of made my eyes like a

804
00:38:12,920 --> 00:38:17,560
Speaker 10: little wide open because he was referencing in gory details

805
00:38:18,120 --> 00:38:23,719
Speaker 10: the killings of several Americans by undocumented Americans, and he

806
00:38:23,760 --> 00:38:26,600
Speaker 10: was trying to kind of use these as an examples

807
00:38:27,280 --> 00:38:30,319
Speaker 10: to say why he needed to kind of put kind

808
00:38:30,320 --> 00:38:33,960
Speaker 10: of this tough, armed approach to immigration here in the

809
00:38:34,040 --> 00:38:37,600
Speaker 10: United States, which has been very controversial, to say the least.

810
00:38:37,880 --> 00:38:41,719
Speaker 3: Now, obviously he's kind of positioned this as something of

811
00:38:41,719 --> 00:38:44,040
Speaker 3: a snump speech. Has any ahead of the midterms? Is

812
00:38:44,080 --> 00:38:46,719
Speaker 3: this actually going to convince any of the voters that

813
00:38:46,800 --> 00:38:49,600
Speaker 3: everything is absolutely fine?

814
00:38:49,800 --> 00:38:53,600
Speaker 10: You know, this speech is a big deal for voters

815
00:38:53,680 --> 00:38:56,280
Speaker 10: because not a lot of people are able to watch

816
00:38:56,360 --> 00:39:00,040
Speaker 10: what the president says on an every day basis. So

817
00:39:00,160 --> 00:39:02,719
Speaker 10: or even if there wasn't a lot of new policy

818
00:39:02,880 --> 00:39:05,440
Speaker 10: in here, some of the things that President Trump was

819
00:39:05,440 --> 00:39:09,760
Speaker 10: talking about, like his tax legislation that was passed last summer,

820
00:39:09,880 --> 00:39:13,359
Speaker 10: and some of the small, smaller targeted initiatives kind of

821
00:39:13,440 --> 00:39:16,960
Speaker 10: like some of these home investments and some of these

822
00:39:17,440 --> 00:39:20,759
Speaker 10: what he calls Trump accounts investments for babies that are

823
00:39:20,760 --> 00:39:23,359
Speaker 10: born in the next three years. This is an opportunity

824
00:39:23,400 --> 00:39:26,600
Speaker 10: for him to kind of talk directly to voters. But

825
00:39:26,680 --> 00:39:29,400
Speaker 10: there also was a lot of red meat in this speech,

826
00:39:29,480 --> 00:39:33,439
Speaker 10: so voters who may not hear from him every day

827
00:39:33,800 --> 00:39:37,120
Speaker 10: really had to wait and sit through a lot of

828
00:39:37,160 --> 00:39:40,160
Speaker 10: the storytelling in that hour and forty seven minutes.

829
00:39:40,480 --> 00:39:42,760
Speaker 3: Good to talk to you, as always. Boie ericson Reutter's

830
00:39:42,880 --> 00:39:44,040
Speaker 3: US Politics.

831
00:39:43,640 --> 00:39:46,520
Speaker 2: Correspondent, Hither do for sella.

832
00:39:47,200 --> 00:39:49,279
Speaker 3: Hither it's a footpath. I was told to ride my

833
00:39:49,320 --> 00:39:51,040
Speaker 3: bike on the road, Bix, and scooters need to stay

834
00:39:51,080 --> 00:39:56,719
Speaker 3: on the road. Hither footpaths off at pedestrians, you idiot? Now,

835
00:39:57,760 --> 00:40:02,480
Speaker 3: thank you. Now Andrew has done something quite brave. I

836
00:40:02,520 --> 00:40:05,000
Speaker 3: would say. He's gone off the down to Lyle Bay,

837
00:40:05,040 --> 00:40:07,840
Speaker 3: which is if you know you're Wellington geography, you know

838
00:40:08,480 --> 00:40:11,960
Speaker 3: the Poe Pipe is there and just over there's Lyle Bay.

839
00:40:12,400 --> 00:40:14,279
Speaker 3: And he has gone for a dip in Lyle Bay

840
00:40:14,320 --> 00:40:16,799
Speaker 3: basically to encourage Wellingtonians to go back for a swim

841
00:40:16,840 --> 00:40:18,759
Speaker 3: because the water is fine and it's actually safe enough

842
00:40:18,800 --> 00:40:20,400
Speaker 3: to swim, and he said it is safe to swim.

843
00:40:20,760 --> 00:40:24,799
Speaker 3: We want people to come back good, good refreshing, is

844
00:40:25,200 --> 00:40:27,319
Speaker 3: what he said as he came out in his tight

845
00:40:27,360 --> 00:40:29,600
Speaker 3: little red shorts and his little blue rash shirt, which

846
00:40:29,640 --> 00:40:33,120
Speaker 3: was actually very flattering. We decided around the office brave

847
00:40:33,160 --> 00:40:35,480
Speaker 3: thing to do, very brave thing to do. But you

848
00:40:35,520 --> 00:40:38,000
Speaker 3: can't fall to politician for getting out there and instead

849
00:40:38,000 --> 00:40:41,240
Speaker 3: of just talking about it, actually showing my question though,

850
00:40:42,200 --> 00:40:44,000
Speaker 3: do you think he opened his mouth when he was

851
00:40:44,080 --> 00:40:46,760
Speaker 3: under the water. Do you think he opened his eyes?

852
00:40:46,840 --> 00:40:48,239
Speaker 3: Do you think? And do you think we should check

853
00:40:48,280 --> 00:40:49,959
Speaker 3: up on him in a couple of days, maybe a week,

854
00:40:50,320 --> 00:40:53,239
Speaker 3: and just see if we've just developed a nasty case

855
00:40:53,280 --> 00:40:57,359
Speaker 3: of something around the orifices in his face. Quarter past five,

856
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860
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Speaker 3: top performers a In fact, they've ranked in the top

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863
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Speaker 3: no obligation chat with one of their advisors. For full

873
00:41:47,360 --> 00:41:51,360
Speaker 3: details on returns, disclosures and the pds, visit Generate keywsaver

874
00:41:51,480 --> 00:41:54,640
Speaker 3: dot co dot nz forward slash Disclosures. The issuer is

875
00:41:54,719 --> 00:41:58,560
Speaker 3: Generate Investment Management Limited. And remember past performance doesn't guarantee

876
00:41:58,560 --> 00:42:02,160
Speaker 3: future returns. Here the duplessy Ellen Hether Andrew Little is

877
00:42:02,160 --> 00:42:04,760
Speaker 3: going to be at Wellington A and E tomorrow, maybe

878
00:42:04,760 --> 00:42:08,200
Speaker 3: even tonight, eighteen past five. Now there are concerns then,

879
00:42:08,239 --> 00:42:10,319
Speaker 3: instead of a shortage of housing in Auckland, we now

880
00:42:10,320 --> 00:42:13,279
Speaker 3: have too many townhouses. In fact, some are taking so

881
00:42:13,480 --> 00:42:15,359
Speaker 3: long to sell as long as a year, that they're

882
00:42:15,360 --> 00:42:18,040
Speaker 3: losing their status as new builds. Auckland Real Estate agent

883
00:42:18,120 --> 00:42:19,359
Speaker 3: ruden Christie is with us now I.

884
00:42:19,400 --> 00:42:22,080
Speaker 5: Rowden, Hello, how are you doing?

885
00:42:22,080 --> 00:42:23,800
Speaker 3: I'm well thanks mate. Now what do you reckon? Is

886
00:42:23,840 --> 00:42:26,480
Speaker 3: this an oversupply of housing in general or is this

887
00:42:26,520 --> 00:42:27,399
Speaker 3: a townhouse thing?

888
00:42:28,520 --> 00:42:31,080
Speaker 23: It's a bit of both, I reckon. Here's the reality

889
00:42:31,120 --> 00:42:33,719
Speaker 23: that we all know that. This's what's the revised plan

890
00:42:33,880 --> 00:42:36,439
Speaker 23: change one twenty for Auckland has now one point six

891
00:42:36,520 --> 00:42:39,919
Speaker 23: million new homes, no longer two million new homes. Let's

892
00:42:39,960 --> 00:42:43,080
Speaker 23: do the maths on this. You think three people maybe

893
00:42:43,120 --> 00:42:46,000
Speaker 23: live in a house, so one point six So four

894
00:42:46,000 --> 00:42:48,520
Speaker 23: and a half million people are now being catered for

895
00:42:48,640 --> 00:42:52,040
Speaker 23: to enter Auckland in the next what twenty thirty forty years?

896
00:42:52,440 --> 00:42:54,320
Speaker 23: That ain't going to happen. So we know that that

897
00:42:54,600 --> 00:42:57,560
Speaker 23: that whole thing is just political. I mean, well, certainly,

898
00:42:57,560 --> 00:42:59,160
Speaker 23: well I don't know, but that's what I assume it's.

899
00:42:59,360 --> 00:43:01,400
Speaker 23: You know, it's a political game by Chris Bishop and

900
00:43:01,440 --> 00:43:05,799
Speaker 23: the lads and lasses in Parliament. So that's one part

901
00:43:05,800 --> 00:43:08,239
Speaker 23: of the equation. But on the townhouse side of things,

902
00:43:08,280 --> 00:43:11,200
Speaker 23: which is probably where I'm slightly more informed, given the

903
00:43:11,239 --> 00:43:13,920
Speaker 23: fact that this is a sort of daily, daily bread,

904
00:43:14,840 --> 00:43:19,239
Speaker 23: there's no doubt that the developments where you've got maybe

905
00:43:19,400 --> 00:43:23,920
Speaker 23: six eight terrace houses, three bedroom terrace houses, all in

906
00:43:23,920 --> 00:43:25,880
Speaker 23: a row on a section or you know, what was

907
00:43:25,920 --> 00:43:30,240
Speaker 23: a thousand squameter section. It's not that they're struggling to sell,

908
00:43:30,400 --> 00:43:33,920
Speaker 23: but there are so many of them that there's just

909
00:43:34,000 --> 00:43:36,600
Speaker 23: not enough demand to meet that supply. I mean that

910
00:43:36,880 --> 00:43:40,360
Speaker 23: they don't sell easily. But it's not that they're unsellable.

911
00:43:40,400 --> 00:43:41,600
Speaker 23: There's just too many of them.

912
00:43:41,719 --> 00:43:45,160
Speaker 3: So is it too much of too many of exactly

913
00:43:45,200 --> 00:43:48,160
Speaker 3: the same thing, or is it ultimately that even though

914
00:43:48,400 --> 00:43:50,440
Speaker 3: you know, even though we're talking about density, we all

915
00:43:50,480 --> 00:43:52,000
Speaker 3: really just want to stand alone house.

916
00:43:53,160 --> 00:43:57,080
Speaker 23: Well, what we're seeing is a slight change in developer

917
00:43:57,120 --> 00:44:00,520
Speaker 23: trend from the stack him in as much as you

918
00:44:00,560 --> 00:44:02,000
Speaker 23: can into that little bit of land.

919
00:44:02,120 --> 00:44:02,520
Speaker 5: I e.

920
00:44:02,880 --> 00:44:07,160
Speaker 23: Three stories, three beds, terrorists, so shared walls makes it

921
00:44:07,239 --> 00:44:09,359
Speaker 23: cheaper to build, but they're three stories because you can

922
00:44:09,400 --> 00:44:11,640
Speaker 23: get more in there, and they will each maybe have

923
00:44:11,719 --> 00:44:15,240
Speaker 23: the one garage down below, and an almost impossible turning

924
00:44:15,239 --> 00:44:17,160
Speaker 23: circle to actually get into the garage because they are

925
00:44:17,200 --> 00:44:22,120
Speaker 23: so clustered. We're now seeing developers the provisor here is

926
00:44:22,160 --> 00:44:26,160
Speaker 23: that you know, I work in a relatively well held

927
00:44:26,200 --> 00:44:27,960
Speaker 23: part of town where people might be able to spend

928
00:44:28,000 --> 00:44:30,359
Speaker 23: a little bit more for their home. But what we're

929
00:44:30,400 --> 00:44:33,680
Speaker 23: seeing now is them actually adopting a standalone model, just

930
00:44:33,680 --> 00:44:36,239
Speaker 23: what you said. So rather than putting fifteen in there,

931
00:44:36,400 --> 00:44:40,640
Speaker 23: let's put eight stand alone two story houses, which are

932
00:44:40,640 --> 00:44:43,920
Speaker 23: still three bedrooms because they're two stories, they're obviously a

933
00:44:43,960 --> 00:44:45,880
Speaker 23: bit cheaper to build, despite the fact they don't have

934
00:44:45,920 --> 00:44:49,759
Speaker 23: the shared wall anymore. But the demand is so much

935
00:44:49,840 --> 00:44:53,560
Speaker 23: higher for those standalone homes that the math starts adding up,

936
00:44:53,680 --> 00:44:56,800
Speaker 23: and most of these actually potentially come with Okay, maybe

937
00:44:56,800 --> 00:45:00,960
Speaker 23: the single car park garage arguably would be great, but

938
00:45:01,040 --> 00:45:03,680
Speaker 23: they'd certainly maybe have another off street park because this

939
00:45:03,719 --> 00:45:08,640
Speaker 23: is another factor, you know, influencing buyers that we're running

940
00:45:08,640 --> 00:45:11,200
Speaker 23: out of space for the second car on the street.

941
00:45:11,560 --> 00:45:14,880
Speaker 23: So these this model gives a little bit more space

942
00:45:14,920 --> 00:45:15,400
Speaker 23: for everyone.

943
00:45:15,640 --> 00:45:18,000
Speaker 3: Yeah, Rden, you've said everything I think already. Thank you

944
00:45:18,120 --> 00:45:19,160
Speaker 3: very much, really appreciate your time.

945
00:45:19,239 --> 00:45:19,399
Speaker 6: Ruden.

946
00:45:19,440 --> 00:45:21,239
Speaker 3: Christy real est that agent knows the staff a five

947
00:45:21,360 --> 00:45:21,960
Speaker 3: twenty two.

948
00:45:23,120 --> 00:45:25,160
Speaker 2: Cutting through the noise to get the facts.

949
00:45:25,400 --> 00:45:29,520
Speaker 1: It's Heather Duper Clan drive with one New Zealand coverage

950
00:45:29,640 --> 00:45:31,440
Speaker 1: like no one else news talks.

951
00:45:31,440 --> 00:45:32,600
Speaker 2: They'd be right.

952
00:45:32,680 --> 00:45:34,680
Speaker 3: So Elbow's being busted with his plans to try to

953
00:45:34,760 --> 00:45:37,760
Speaker 3: increase the size of Parliament in Australia by forty MPs.

954
00:45:37,960 --> 00:45:40,319
Speaker 3: Is this something it's basically to try to get better

955
00:45:40,360 --> 00:45:42,640
Speaker 3: people in his in his caucus. Is there something that's

956
00:45:42,680 --> 00:45:43,880
Speaker 3: going to fly with the public. We're gonna have a

957
00:45:43,960 --> 00:45:45,799
Speaker 3: check to our mate Charles Croucher, who'll be with us

958
00:45:45,840 --> 00:45:48,960
Speaker 3: after the news. Right now, it's twenty four past five. Now,

959
00:45:48,960 --> 00:45:51,080
Speaker 3: I'll tell you what surprised me in the last few days.

960
00:45:51,120 --> 00:45:53,440
Speaker 3: It's the number of people that are taking Winston Peter's

961
00:45:53,520 --> 00:45:56,120
Speaker 3: bait with his plan to make English and official language

962
00:45:56,120 --> 00:45:59,560
Speaker 3: of this country. Sharon, the linguistics lecturer from aut who

963
00:45:59,640 --> 00:46:01,319
Speaker 3: was on the show a few days ago, has written

964
00:46:01,360 --> 00:46:04,919
Speaker 3: a piece for The Post arguing that terell and sign

965
00:46:05,040 --> 00:46:07,680
Speaker 3: language should be protected by official status but not English.

966
00:46:09,239 --> 00:46:12,520
Speaker 3: Otago Daily Times has condemned Winston for wasting time and money.

967
00:46:12,920 --> 00:46:15,239
Speaker 3: The spinoff has done a summary of criticism dating back

968
00:46:15,280 --> 00:46:17,719
Speaker 3: to twenty eighteen. Probably the person, though, who lost their

969
00:46:17,719 --> 00:46:20,160
Speaker 3: mind the most was Chloe Spoorbrick when she shouted this

970
00:46:20,280 --> 00:46:23,520
Speaker 3: fella's bullshit and you know it? That was wild, Like

971
00:46:23,640 --> 00:46:25,640
Speaker 3: that was really off brand for Chloe. When you think

972
00:46:25,640 --> 00:46:28,719
Speaker 3: about it. Her brand is all about sounding smarter than

973
00:46:28,840 --> 00:46:32,280
Speaker 3: you like. She's the left wing version of David Seymour. Instead,

974
00:46:32,360 --> 00:46:34,600
Speaker 3: she took the bait so badly she ended up shouting

975
00:46:34,680 --> 00:46:38,040
Speaker 3: four letter words like a woman who needs to uphr hrt. Now,

976
00:46:38,200 --> 00:46:40,759
Speaker 3: why I'm surprised is because this is not even really

977
00:46:40,760 --> 00:46:43,360
Speaker 3: a thing worth getting upset about. If Winston does it,

978
00:46:43,440 --> 00:46:45,240
Speaker 3: there's a very good argument to say that he's actually

979
00:46:45,320 --> 00:46:48,279
Speaker 3: diminishing the importance of English by putting it on the

980
00:46:48,320 --> 00:46:51,120
Speaker 3: same level as tede Ormardy and sign language, rather than

981
00:46:51,160 --> 00:46:54,000
Speaker 3: the space it currently occupies, which is the default for everything.

982
00:46:54,680 --> 00:46:57,760
Speaker 3: English doesn't need Parliament to make it official. It's already official.

983
00:46:57,840 --> 00:47:00,440
Speaker 3: It's beyond parliament. If he does it, he's not going

984
00:47:00,480 --> 00:47:02,600
Speaker 3: to change the status of Teddy or Marty. He's not

985
00:47:02,640 --> 00:47:04,600
Speaker 3: going to change the status of sign language. He'll only

986
00:47:04,640 --> 00:47:06,959
Speaker 3: diminish the status of English. It's not going to change

987
00:47:06,960 --> 00:47:08,839
Speaker 3: my life. It's not going to change your life. It's

988
00:47:08,880 --> 00:47:11,000
Speaker 3: not going to change Sharon's or Chloe's life. Nothing is

989
00:47:11,080 --> 00:47:14,080
Speaker 3: going to change. And yet all these people, and especially Chloe,

990
00:47:14,400 --> 00:47:16,839
Speaker 3: have taken his bait, which is what he wants. That's

991
00:47:16,840 --> 00:47:19,200
Speaker 3: why he pulls stunts like this, or stunts like banning

992
00:47:19,239 --> 00:47:21,120
Speaker 3: men from using women's toilets and then putting it in

993
00:47:21,160 --> 00:47:23,520
Speaker 3: the biscuit tin at Parliament, whereas every chance at language

994
00:47:23,560 --> 00:47:25,920
Speaker 3: is for years and nothing happens. So here's my advice,

995
00:47:26,120 --> 00:47:29,520
Speaker 3: stop taking Winston's bait. This isn't even really a thing

996
00:47:29,840 --> 00:47:31,600
Speaker 3: unless we all react like we.

997
00:47:31,680 --> 00:47:34,200
Speaker 2: Are forgever do for see Allen.

998
00:47:35,280 --> 00:47:37,359
Speaker 3: So we got in touch with the primary teachers today,

999
00:47:37,440 --> 00:47:40,280
Speaker 3: didn't we? Because after what happened this morning on Mike's

1000
00:47:40,280 --> 00:47:42,640
Speaker 3: show where Eric Hauld drop the drop the mic and

1001
00:47:42,760 --> 00:47:44,920
Speaker 3: said the reason that the primary teachers aren't taking their

1002
00:47:44,960 --> 00:47:47,440
Speaker 3: offers because they want to put the treaty recognition of

1003
00:47:47,480 --> 00:47:49,919
Speaker 3: the treaty into their deal. Got in touch with the union.

1004
00:47:49,960 --> 00:47:52,440
Speaker 3: We thought, surely the union union want to come on

1005
00:47:52,520 --> 00:47:55,239
Speaker 3: and clarify that this cannot possibly be true. So we

1006
00:47:55,360 --> 00:47:58,480
Speaker 3: emailed the union and they emailed us back. Kyoder, thank

1007
00:47:58,560 --> 00:48:01,800
Speaker 3: you for reaching out. Our team resume negotiations with the

1008
00:48:01,840 --> 00:48:04,160
Speaker 3: ministry today and it would be inappropriate for us to

1009
00:48:04,200 --> 00:48:07,560
Speaker 3: give an interview while the talks are ongoing. Kind regards. Now,

1010
00:48:07,760 --> 00:48:10,000
Speaker 3: I don't know about you, but my rule of thumb

1011
00:48:10,120 --> 00:48:12,880
Speaker 3: generally is if you don't deny it then I'm going

1012
00:48:12,920 --> 00:48:15,480
Speaker 3: to assume it's true, in which case we're all assuming

1013
00:48:15,560 --> 00:48:18,480
Speaker 3: now that it is true. The primary teachers are not

1014
00:48:18,640 --> 00:48:21,960
Speaker 3: prepared to accept their deal unless the treaty is recognized,

1015
00:48:21,960 --> 00:48:25,160
Speaker 3: which is just one of the wildest things you'll hear

1016
00:48:25,239 --> 00:48:27,160
Speaker 3: all week. I think anyway, we'll talk to the huddle

1017
00:48:27,160 --> 00:48:29,520
Speaker 3: about that, because it is wild enough to go to

1018
00:48:29,560 --> 00:48:29,960
Speaker 3: the huddle.

1019
00:48:30,120 --> 00:48:48,400
Speaker 1: News is next, hard questions, strong opinion here the duplicy

1020
00:48:48,440 --> 00:48:51,320
Speaker 1: el and drive with one New Zealand and the power

1021
00:48:51,400 --> 00:48:53,760
Speaker 1: of satellite mobile news talks, that'd.

1022
00:48:53,600 --> 00:49:02,880
Speaker 3: Be I'm standing by. We have a big turnaround for

1023
00:49:02,960 --> 00:49:05,480
Speaker 3: Meridian today they've posted a two hundred and twenty seven

1024
00:49:05,520 --> 00:49:08,560
Speaker 3: million net profit after tax, which is wildly up from

1025
00:49:08,600 --> 00:49:10,880
Speaker 3: the one twenty one million dollar loss last year. Now,

1026
00:49:11,040 --> 00:49:13,440
Speaker 3: what I'm interested in with Meridian in particular is that

1027
00:49:13,520 --> 00:49:16,360
Speaker 3: they're flagging they want to develop more hydro which is

1028
00:49:16,360 --> 00:49:18,480
Speaker 3: a blast from the past because the last hydro dam

1029
00:49:18,560 --> 00:49:20,120
Speaker 3: that we said yes to was back in the eighties

1030
00:49:20,160 --> 00:49:21,759
Speaker 3: and then finished in the nineties. And I think what

1031
00:49:21,800 --> 00:49:24,160
Speaker 3: they're talking about is Lake Poohkucky. So we'll have a

1032
00:49:24,239 --> 00:49:26,120
Speaker 3: chat to the boss about that after six Right now,

1033
00:49:26,200 --> 00:49:29,200
Speaker 3: twenty four away from six ever do for Cela. How

1034
00:49:29,239 --> 00:49:31,520
Speaker 3: do you like this idea? Looks like the Aussie government

1035
00:49:31,600 --> 00:49:34,600
Speaker 3: wants more politicians. Sydney Morning Herald is reporting that the

1036
00:49:34,640 --> 00:49:37,480
Speaker 3: Albanesi government is pushing to add forty new seats to

1037
00:49:37,560 --> 00:49:39,880
Speaker 3: their parliament, twelve in the Senate, twenty four in the

1038
00:49:39,960 --> 00:49:42,799
Speaker 3: lower house. The Liberal Party's going to oppose the change.

1039
00:49:42,960 --> 00:49:45,440
Speaker 3: Charles Croucher is the nine News chief political editor and

1040
00:49:45,560 --> 00:49:48,520
Speaker 3: with us welcome back to Charles, Hey, Heather. Why they

1041
00:49:48,560 --> 00:49:49,000
Speaker 3: want to do this?

1042
00:49:49,800 --> 00:49:52,240
Speaker 24: More pollies? That's what the country needs, isn't it always

1043
00:49:52,280 --> 00:49:54,600
Speaker 24: fixes it? Look, there is a real concern there hasn't

1044
00:49:54,640 --> 00:49:57,719
Speaker 24: been an increase in the number of politicians now in

1045
00:49:57,840 --> 00:50:00,359
Speaker 24: my lifetime, and I wouldn't got myself old. I needs

1046
00:50:00,440 --> 00:50:02,160
Speaker 24: hurt when I wake up and sort of that kind

1047
00:50:02,160 --> 00:50:02,560
Speaker 24: of age.

1048
00:50:02,560 --> 00:50:03,640
Speaker 2: And the parliament's at now.

1049
00:50:04,480 --> 00:50:06,920
Speaker 24: The issue is that we've now got the electorates that

1050
00:50:07,000 --> 00:50:09,719
Speaker 24: are so large that it's getting harder to represent. There

1051
00:50:09,840 --> 00:50:14,240
Speaker 24: is also an imbalance between the states, the larger states

1052
00:50:14,280 --> 00:50:16,880
Speaker 24: and the territories in particular, and that dates back to federation.

1053
00:50:17,120 --> 00:50:19,400
Speaker 24: So there's a few things that need to be ironed

1054
00:50:19,480 --> 00:50:23,680
Speaker 24: out to try and make representation fairer. Look given the

1055
00:50:23,760 --> 00:50:25,879
Speaker 24: way the polling is at the moment and the way

1056
00:50:25,960 --> 00:50:29,120
Speaker 24: that politics around the world is trending, I think you'd

1057
00:50:29,160 --> 00:50:33,800
Speaker 24: see a more mixed parliament produced. And we have that

1058
00:50:33,880 --> 00:50:36,120
Speaker 24: problem that you don't that any time you increase the

1059
00:50:36,200 --> 00:50:38,759
Speaker 24: number of seats in the House of Representatives so you

1060
00:50:38,880 --> 00:50:42,279
Speaker 24: better represent people on a per capita basis, you've also

1061
00:50:42,320 --> 00:50:43,920
Speaker 24: got to bump up the seats in the Senate, and

1062
00:50:44,000 --> 00:50:46,560
Speaker 24: that state by state, not per capita. So it's finding

1063
00:50:46,600 --> 00:50:49,160
Speaker 24: that balancing act. This is something that's been discussed for a.

1064
00:50:49,120 --> 00:50:50,120
Speaker 5: Little while over here.

1065
00:50:50,200 --> 00:50:52,960
Speaker 24: It's a proposal the Labor Government seems set to take

1066
00:50:53,080 --> 00:50:55,680
Speaker 24: up and it's one that given the numbers in the Parliament,

1067
00:50:55,719 --> 00:50:56,759
Speaker 24: has a chance of getting through.

1068
00:50:57,440 --> 00:51:02,520
Speaker 3: Now, given that particularly politicians trust and politicians has fallen

1069
00:51:02,719 --> 00:51:04,960
Speaker 3: that you know, the public is not really in the

1070
00:51:05,000 --> 00:51:07,160
Speaker 3: mood for the political class. Is this going to fly?

1071
00:51:08,280 --> 00:51:10,879
Speaker 24: You wouldn't think so, would you. That's the hardest point

1072
00:51:10,960 --> 00:51:13,680
Speaker 24: is making this case that you need more people to

1073
00:51:13,760 --> 00:51:17,880
Speaker 24: represent you. Look, I think there'll be some canny politicians,

1074
00:51:17,920 --> 00:51:21,160
Speaker 24: particularly around the minor parties and one nation that would

1075
00:51:21,520 --> 00:51:23,839
Speaker 24: see this as a chance to get more influence into

1076
00:51:23,920 --> 00:51:25,919
Speaker 24: the Parliament and more of their own people in there,

1077
00:51:26,200 --> 00:51:28,200
Speaker 24: but we're already pretty over governed over here. It's not

1078
00:51:28,360 --> 00:51:30,920
Speaker 24: just the federal parliament you've got to think about, but

1079
00:51:31,080 --> 00:51:33,719
Speaker 24: state parliaments. Often the states have upper houses, and there's

1080
00:51:34,080 --> 00:51:38,360
Speaker 24: local councils and local governments as well. Any time you

1081
00:51:38,440 --> 00:51:40,880
Speaker 24: make the case you need more police, and more police

1082
00:51:40,880 --> 00:51:43,360
Speaker 24: equals more pay, and more pay equals more staff and

1083
00:51:43,440 --> 00:51:46,360
Speaker 24: all the rest that go with that, you do wonder

1084
00:51:46,440 --> 00:51:49,160
Speaker 24: if we are catching more people and therefore getting the

1085
00:51:49,200 --> 00:51:51,759
Speaker 24: best and brightest into the building in Canberra, or this

1086
00:51:51,960 --> 00:51:54,600
Speaker 24: is just more people from, as you said, the political class,

1087
00:51:54,760 --> 00:51:58,400
Speaker 24: more staffers that graduate to MPs, and whether that actually

1088
00:51:58,440 --> 00:51:59,719
Speaker 24: produces better laws or it.

1089
00:52:00,239 --> 00:52:00,960
Speaker 2: Look, it's interesting.

1090
00:52:01,000 --> 00:52:02,560
Speaker 24: There's been lots of chat over here and a lot

1091
00:52:02,600 --> 00:52:05,839
Speaker 24: of parliamentary time spent on this. Nothing like politicians talking

1092
00:52:05,840 --> 00:52:06,520
Speaker 24: about themselves.

1093
00:52:06,800 --> 00:52:07,600
Speaker 2: But we'll see it, guys.

1094
00:52:07,719 --> 00:52:09,840
Speaker 3: Do you reckon Albo can waste the political capital on

1095
00:52:09,920 --> 00:52:11,879
Speaker 3: this right now? Uh?

1096
00:52:12,400 --> 00:52:13,719
Speaker 24: Yeah, I think if you're going to do it at

1097
00:52:13,719 --> 00:52:15,120
Speaker 24: any time, now is the time to do it.

1098
00:52:16,280 --> 00:52:17,000
Speaker 2: I think he would.

1099
00:52:17,120 --> 00:52:20,000
Speaker 24: He could make the argument this is about representing people better,

1100
00:52:20,080 --> 00:52:26,279
Speaker 24: particularly in growing and expanding cities. My concern, not so

1101
00:52:26,400 --> 00:52:28,080
Speaker 24: much now is if you don't do it now. I

1102
00:52:28,239 --> 00:52:29,279
Speaker 24: just don't know when you would.

1103
00:52:29,680 --> 00:52:32,120
Speaker 3: Yeah, Charles, it's always good to talk to you. Thank you, mate,

1104
00:52:32,120 --> 00:52:34,359
Speaker 3: thanks for running us through it. As Charles Croucher nine

1105
00:52:34,400 --> 00:52:37,160
Speaker 3: News Chief Political Editor, it is twenty one away from.

1106
00:52:37,080 --> 00:52:41,000
Speaker 1: Sex the Huddle with New Zealand Southby's International Realty, a

1107
00:52:41,080 --> 00:52:42,759
Speaker 1: name you can trust locally and.

1108
00:52:43,000 --> 00:52:45,280
Speaker 3: Globally on the huddle of us this evening, Thomas Scrimser,

1109
00:52:45,320 --> 00:52:47,640
Speaker 3: Maxim Institute, Jack Tame, host of Saturday Mornings and Q

1110
00:52:47,760 --> 00:52:52,120
Speaker 3: and I at Q and A Highlands. Yeah, what what

1111
00:52:52,360 --> 00:52:52,480
Speaker 3: was that?

1112
00:52:52,640 --> 00:52:52,839
Speaker 20: Jack?

1113
00:52:53,920 --> 00:52:54,279
Speaker 4: Q and I?

1114
00:52:55,080 --> 00:52:56,320
Speaker 8: Oh my god, that's the news to me.

1115
00:52:56,840 --> 00:53:01,560
Speaker 3: Questions and inquiries obviously, exactly what do you reckon? Thomas?

1116
00:53:01,680 --> 00:53:03,720
Speaker 3: Is this going to fly in Australia more MPs?

1117
00:53:04,880 --> 00:53:06,840
Speaker 25: I don't know whether it would fly. It's hard to,

1118
00:53:07,080 --> 00:53:10,160
Speaker 25: I guess, talk people into more politicians. But I'm for it,

1119
00:53:10,760 --> 00:53:13,839
Speaker 25: but not reasons of representation. I don't really care about

1120
00:53:13,840 --> 00:53:16,879
Speaker 25: electric sizes too much. But what I think is really

1121
00:53:16,920 --> 00:53:20,719
Speaker 25: important in having enough politicians is that it decreases the

1122
00:53:20,840 --> 00:53:23,320
Speaker 25: chance that any single MP has a hope of getting

1123
00:53:23,320 --> 00:53:26,880
Speaker 25: into government. Therefore, the artists persuaded by their own party.

1124
00:53:27,560 --> 00:53:29,400
Speaker 25: Now in New Zealand, for example, when we don't have

1125
00:53:29,480 --> 00:53:32,040
Speaker 25: a heap of MPs, we have the most wept parliament

1126
00:53:32,120 --> 00:53:34,760
Speaker 25: in the world because everyone's wanting to rise through the ranks.

1127
00:53:34,960 --> 00:53:36,719
Speaker 25: You know, look at the UK would have got four

1128
00:53:36,840 --> 00:53:40,640
Speaker 25: hundred or so. People have way less because way less

1129
00:53:40,719 --> 00:53:43,560
Speaker 25: likelihood of achieving high offers, so more likely to go

1130
00:53:43,680 --> 00:53:45,840
Speaker 25: against their own team when they stand on conscience. So

1131
00:53:46,000 --> 00:53:48,160
Speaker 25: more MPs can actually lead to a better parliament.

1132
00:53:48,560 --> 00:53:50,640
Speaker 3: I reckon I'd be okay with that, Jack. If we

1133
00:53:50,680 --> 00:53:52,600
Speaker 3: could do a little swap Sea, Like if we could

1134
00:53:52,640 --> 00:53:55,799
Speaker 3: cut out some of the wards and boards in aucklandon

1135
00:53:55,880 --> 00:53:58,480
Speaker 3: and places, get maybe rid of some counselors around the

1136
00:53:58,520 --> 00:54:00,520
Speaker 3: country and get some more MPs, that could be a

1137
00:54:00,560 --> 00:54:01,000
Speaker 3: fair right.

1138
00:54:01,880 --> 00:54:05,760
Speaker 8: Yeah, well, I suppose to Thomas's point though, the greater number.

1139
00:54:05,560 --> 00:54:08,960
Speaker 20: Of people you have maybe the better quality of debate,

1140
00:54:09,160 --> 00:54:10,800
Speaker 20: or at the very least, if you're able to avoid

1141
00:54:10,840 --> 00:54:12,880
Speaker 20: a system where everyone's being whipped the whole time, and

1142
00:54:13,000 --> 00:54:15,560
Speaker 20: you might have a few politicians who are happy to

1143
00:54:15,600 --> 00:54:18,720
Speaker 20: go against their kind of you know, their tribal roots

1144
00:54:19,600 --> 00:54:21,960
Speaker 20: and go for the idea or policy that they think

1145
00:54:22,080 --> 00:54:24,680
Speaker 20: is best. Yeah, it's always a very difficult cell isn't

1146
00:54:24,680 --> 00:54:26,360
Speaker 20: it either like to put yourself on the shoes and

1147
00:54:26,400 --> 00:54:28,560
Speaker 20: most other voters. If we say we have this many

1148
00:54:28,640 --> 00:54:31,640
Speaker 20: more politicians, this meant more salaries, It's much more expense.

1149
00:54:33,040 --> 00:54:34,960
Speaker 5: It's not usually a big vote winner.

1150
00:54:35,120 --> 00:54:36,920
Speaker 20: The other thing to keep in mind in Australia though,

1151
00:54:37,920 --> 00:54:39,360
Speaker 20: and the sort of thing we don't have to consider

1152
00:54:39,400 --> 00:54:42,000
Speaker 20: with our councils here, is that, of course at the

1153
00:54:42,360 --> 00:54:45,759
Speaker 20: federal election level in Australia you have compulsory voting. So

1154
00:54:46,080 --> 00:54:48,319
Speaker 20: I don't know what the analysis suggests it would mean

1155
00:54:48,440 --> 00:54:51,160
Speaker 20: in terms of support for the major parties, the coalition,

1156
00:54:51,320 --> 00:54:53,680
Speaker 20: that kind of thing, but that is another dynamic that

1157
00:54:53,760 --> 00:54:55,279
Speaker 20: I'm sure in front of mine.

1158
00:54:55,320 --> 00:54:58,200
Speaker 3: Fralbow, Yeah, fair enough, Okay, Now what do you think

1159
00:54:58,280 --> 00:55:00,640
Speaker 3: Thomas of the propose shakeup the road rules?

1160
00:55:00,680 --> 00:55:01,080
Speaker 8: Do you like it?

1161
00:55:02,600 --> 00:55:02,759
Speaker 4: Oh?

1162
00:55:02,840 --> 00:55:05,120
Speaker 25: Well, I think you know, as you have to argument

1163
00:55:05,160 --> 00:55:07,920
Speaker 25: that these are are mostly about making the law reflect

1164
00:55:07,960 --> 00:55:09,960
Speaker 25: to what currently happens. You know, makes a lot of

1165
00:55:10,040 --> 00:55:15,680
Speaker 25: sense and so on that front, I agree. I do

1166
00:55:15,800 --> 00:55:18,160
Speaker 25: worry about this, the wanting to tidy up that can

1167
00:55:18,239 --> 00:55:20,160
Speaker 25: you ride your bike on the footpath and they're going

1168
00:55:20,200 --> 00:55:23,000
Speaker 25: to make the age twelve. The problem is currently we're

1169
00:55:23,040 --> 00:55:25,880
Speaker 25: ignoring the law because no one remembers it or understands

1170
00:55:25,880 --> 00:55:28,160
Speaker 25: it anyway. But as soon as we deliberately say yes,

1171
00:55:28,200 --> 00:55:29,680
Speaker 25: we're now going to put an age in it, are

1172
00:55:29,719 --> 00:55:31,920
Speaker 25: actually going to enforce that age. If we're going to

1173
00:55:31,960 --> 00:55:33,680
Speaker 25: put in an age we're not going to enforce, maybe

1174
00:55:33,719 --> 00:55:35,920
Speaker 25: we should just leave the status quo. So I'm not

1175
00:55:35,960 --> 00:55:38,720
Speaker 25: sure about the twelve years old cutoff for riding bikes

1176
00:55:38,760 --> 00:55:40,200
Speaker 25: on the foot Plath I reckon.

1177
00:55:40,040 --> 00:55:42,239
Speaker 3: I agree, I agree, but for a different reasons, Jack,

1178
00:55:42,320 --> 00:55:44,399
Speaker 3: I reckon. What we should do is we should just say, look,

1179
00:55:44,440 --> 00:55:46,439
Speaker 3: if you can't ride your bike safely on the road,

1180
00:55:46,560 --> 00:55:49,040
Speaker 3: you can ride your bike on the footpath. But this

1181
00:55:49,200 --> 00:55:52,160
Speaker 3: is a gift to you from the pedestrian, so ride slowly.

1182
00:55:52,320 --> 00:55:52,959
Speaker 3: What do you reckon?

1183
00:55:53,719 --> 00:55:55,080
Speaker 8: Yeah, I think that's pretty fair.

1184
00:55:55,200 --> 00:55:59,160
Speaker 20: I mean I, as you know, am an enthusiastic cyclist

1185
00:55:59,600 --> 00:56:01,759
Speaker 20: and being the big rule breaker that I am a

1186
00:56:01,800 --> 00:56:04,520
Speaker 20: real bad boy at World cast journalists in New Zealand,

1187
00:56:04,560 --> 00:56:06,560
Speaker 20: You'll be stunned to hear hither that From time to

1188
00:56:06,680 --> 00:56:09,800
Speaker 20: time I swing across the road and right on the footpath,

1189
00:56:10,239 --> 00:56:14,080
Speaker 20: and I don't think I've ever seen anyone being stopped

1190
00:56:14,440 --> 00:56:16,399
Speaker 20: for riding on the footpath, but there is a degree

1191
00:56:16,440 --> 00:56:18,279
Speaker 20: of personal responsibility to come to it. And the thing

1192
00:56:18,320 --> 00:56:21,360
Speaker 20: with Fightless being under twelve is you sort of assume

1193
00:56:21,480 --> 00:56:23,640
Speaker 20: that they're not going to be riding that fast to

1194
00:56:23,760 --> 00:56:25,839
Speaker 20: begin with, right, I think if you are a fully

1195
00:56:25,840 --> 00:56:29,160
Speaker 20: grown adult absolutely tearing along at forty kilometers an hour

1196
00:56:29,200 --> 00:56:29,920
Speaker 20: on the footpath, and.

1197
00:56:29,960 --> 00:56:33,279
Speaker 8: That represents a real problem. So, as with everything, it's

1198
00:56:33,480 --> 00:56:35,120
Speaker 8: a balance, I think.

1199
00:56:35,200 --> 00:56:37,520
Speaker 3: I actually think, though Thomas, part of the problem here

1200
00:56:37,600 --> 00:56:40,000
Speaker 3: is that people just need to chill out about sharing

1201
00:56:40,040 --> 00:56:42,680
Speaker 3: the space with other people because you get texts from

1202
00:56:42,800 --> 00:56:45,120
Speaker 3: you know, there'll be kids who are riding on the

1203
00:56:45,120 --> 00:56:48,040
Speaker 3: footpath and getting told off by other people, isn't isn't

1204
00:56:48,080 --> 00:56:49,399
Speaker 3: this just about us all? Try?

1205
00:56:49,800 --> 00:56:50,000
Speaker 17: Lord?

1206
00:56:50,080 --> 00:56:52,080
Speaker 3: I mean, can we make a rule for rubbing along

1207
00:56:52,160 --> 00:56:53,000
Speaker 3: nicely with each other?

1208
00:56:54,440 --> 00:56:56,239
Speaker 25: Well, I mean that's kind of the problem, right, is

1209
00:56:56,280 --> 00:56:59,000
Speaker 25: that no rule is going to actually be able to

1210
00:56:59,040 --> 00:57:01,239
Speaker 25: be enforced because you know, we don't have someone to

1211
00:57:01,400 --> 00:57:04,359
Speaker 25: enforce it everywhere all the time. You know, this level

1212
00:57:04,400 --> 00:57:07,120
Speaker 25: of road rule is so minor. And so you're right,

1213
00:57:07,160 --> 00:57:11,120
Speaker 25: I think the hands off general courtesy people have to

1214
00:57:11,200 --> 00:57:14,319
Speaker 25: learn to figure out how to live together in a society.

1215
00:57:15,040 --> 00:57:16,920
Speaker 25: So no rule is going to be a magic bullet,

1216
00:57:17,080 --> 00:57:19,120
Speaker 25: and you know, don't be an idiot is probably the

1217
00:57:19,200 --> 00:57:20,200
Speaker 25: best one we could write down.

1218
00:57:20,320 --> 00:57:22,360
Speaker 3: Yep I think yep I would agree with that entirely.

1219
00:57:22,440 --> 00:57:24,000
Speaker 3: Let's take a break, come back to these guys. Shortly

1220
00:57:24,040 --> 00:57:24,880
Speaker 3: seventeen away from.

1221
00:57:24,800 --> 00:57:29,400
Speaker 1: Six the huddle with New Zealand Southeby's International Realty, the

1222
00:57:29,520 --> 00:57:31,200
Speaker 1: only truly global brand.

1223
00:57:31,560 --> 00:57:33,320
Speaker 3: Right, you're back with a huddle. We've got Jack Tame

1224
00:57:33,440 --> 00:57:35,560
Speaker 3: and Thomas Scrumger. Jack, what do you make of the

1225
00:57:35,600 --> 00:57:38,400
Speaker 3: primary teachers refusing to settle their payoffer because they want

1226
00:57:38,440 --> 00:57:39,440
Speaker 3: the treaty recognized?

1227
00:57:40,320 --> 00:57:44,320
Speaker 20: Yeah, I mean it's not the sort of thing that

1228
00:57:44,360 --> 00:57:46,680
Speaker 20: I think is necessarily going to win a huge amount

1229
00:57:46,720 --> 00:57:49,600
Speaker 20: of support from a lot of parents who are just

1230
00:57:49,760 --> 00:57:54,640
Speaker 20: really really sick of having the threat or indeed, you know,

1231
00:57:55,200 --> 00:57:58,880
Speaker 20: actual disruption for their schooling. But I mean, good, good

1232
00:57:58,920 --> 00:58:01,920
Speaker 20: to see the principles have signed. I suppose part of

1233
00:58:01,960 --> 00:58:05,440
Speaker 20: the always does have a degreeved sympathy for anyone teaching.

1234
00:58:05,440 --> 00:58:08,439
Speaker 20: There's nowhere on earth I could do it, But yeah,

1235
00:58:08,480 --> 00:58:09,760
Speaker 20: I think a lot of people will look at their

1236
00:58:09,800 --> 00:58:11,160
Speaker 20: detam and say that should have signed.

1237
00:58:11,720 --> 00:58:13,400
Speaker 3: Tellas well.

1238
00:58:13,400 --> 00:58:15,960
Speaker 25: I think if you've got Jack tame. Offering that level

1239
00:58:16,000 --> 00:58:19,600
Speaker 25: of defense of your decision. That's probably pretty harsh words

1240
00:58:19,600 --> 00:58:22,520
Speaker 25: if it was coming from anyone else. Yeah, I think

1241
00:58:22,600 --> 00:58:25,040
Speaker 25: the primary teachers are going to struggle to get the

1242
00:58:25,160 --> 00:58:28,400
Speaker 25: broader public on board if they're you know, holding up

1243
00:58:28,440 --> 00:58:31,880
Speaker 25: settling on their contract for treaty settlement I mean, you know,

1244
00:58:32,240 --> 00:58:35,520
Speaker 25: treaty recognition things. Because the curiosity is, of course, is

1245
00:58:35,560 --> 00:58:38,760
Speaker 25: that the teachers aren't prevented currently in any way from

1246
00:58:39,240 --> 00:58:42,400
Speaker 25: honoring the Treaty in their classrooms. It's purely you know,

1247
00:58:42,520 --> 00:58:45,440
Speaker 25: what's baked into their collective bargaining agreement. So it seems

1248
00:58:45,480 --> 00:58:48,960
Speaker 25: like a really curious bit of a bit of negotiating

1249
00:58:49,000 --> 00:58:50,320
Speaker 25: to do. So I'm not sure what their plan is.

1250
00:58:51,200 --> 00:58:53,200
Speaker 3: No one knows what they're up to. It's so weird,

1251
00:58:53,240 --> 00:58:55,480
Speaker 3: and they're not talking about it now. Jack, did you

1252
00:58:55,520 --> 00:58:57,080
Speaker 3: sit down and watch any of Trump's speech?

1253
00:58:57,960 --> 00:59:00,440
Speaker 20: Yeah, but I didn't watch the whole thing. Was it

1254
00:59:00,480 --> 00:59:02,080
Speaker 20: was an hour and forty seven minutes.

1255
00:59:02,760 --> 00:59:05,920
Speaker 3: I mean, come on, like on the scale though of

1256
00:59:06,040 --> 00:59:08,520
Speaker 3: Trump's speeches that we've seen, this one was kind of

1257
00:59:09,080 --> 00:59:10,880
Speaker 3: He wasn't completely unhinged, was he?

1258
00:59:12,960 --> 00:59:13,000
Speaker 17: No?

1259
00:59:13,440 --> 00:59:15,680
Speaker 20: I reckon, it was just kind of standard Trump. It

1260
00:59:15,800 --> 00:59:18,640
Speaker 20: wasn't like super extreme Trump, but it wasn't like non

1261
00:59:18,720 --> 00:59:20,800
Speaker 20: extreme Trump either. I mean, there are a few bits

1262
00:59:20,840 --> 00:59:21,840
Speaker 20: that I thought were interesting.

1263
00:59:21,920 --> 00:59:24,120
Speaker 8: I listened to him talking about Iran, trying to.

1264
00:59:24,160 --> 00:59:26,880
Speaker 20: Get some sense as to what the Americans might do there,

1265
00:59:26,960 --> 00:59:29,080
Speaker 20: and he did a lot of criticizing Iran, but not

1266
00:59:29,160 --> 00:59:31,000
Speaker 20: a lot of laying out what the Americans are planning

1267
00:59:31,040 --> 00:59:32,520
Speaker 20: to do over the next few days. I mean, there

1268
00:59:32,640 --> 00:59:35,360
Speaker 20: was plenty of kind of exaggerating and you know, classic

1269
00:59:35,400 --> 00:59:38,240
Speaker 20: Trump isms. I think he said the crime in Washington,

1270
00:59:38,360 --> 00:59:41,880
Speaker 20: DC was down one hundred percent in January, and so

1271
00:59:41,960 --> 00:59:44,200
Speaker 20: I looked up and there were two murders in Washington,

1272
00:59:44,280 --> 00:59:45,120
Speaker 20: d C. In January.

1273
00:59:45,240 --> 00:59:47,360
Speaker 8: So I don't think about how they give down.

1274
00:59:47,240 --> 00:59:47,880
Speaker 2: One hundred percent.

1275
00:59:47,960 --> 00:59:50,400
Speaker 8: But I mean, yeah, an hour and forty seven minutes.

1276
00:59:50,440 --> 00:59:52,200
Speaker 20: The thing with the Trump speech is if you make

1277
00:59:52,280 --> 00:59:54,640
Speaker 20: it from end to end, that's actually an achievement in itself.

1278
00:59:54,840 --> 00:59:55,040
Speaker 4: Yeah.

1279
00:59:55,080 --> 00:59:57,600
Speaker 3: I don't know that anybody would have watched that entire thing.

1280
00:59:57,680 --> 01:00:00,840
Speaker 3: Thomas what our correspondent bow was saying earlier on at

1281
01:00:00,920 --> 01:00:02,959
Speaker 3: least Americans get to sort of see him, and because

1282
01:00:03,160 --> 01:00:04,920
Speaker 3: they don't tune in all the time, who's going to

1283
01:00:04,920 --> 01:00:06,439
Speaker 3: bloody tune in for speech that long.

1284
01:00:07,760 --> 01:00:09,920
Speaker 25: Well, I mean, everybody consumes the sort of thing on

1285
01:00:10,080 --> 01:00:12,800
Speaker 25: social media now and clips. So Trump's figured out you

1286
01:00:12,840 --> 01:00:15,400
Speaker 25: don't actually need to have a good speech start to

1287
01:00:15,480 --> 01:00:18,320
Speaker 25: finish an arc and people to pay attention the whole time.

1288
01:00:18,680 --> 01:00:21,280
Speaker 25: You just throw everything at the wall, see what sticks,

1289
01:00:21,320 --> 01:00:23,360
Speaker 25: and then the kind of two minute clip that will

1290
01:00:23,400 --> 01:00:26,000
Speaker 25: be cut up to be shared on social media. The

1291
01:00:26,080 --> 01:00:28,320
Speaker 25: other problem is, you know, with the State of the Union,

1292
01:00:28,400 --> 01:00:31,400
Speaker 25: it's a stand up round of applause every minute. It's

1293
01:00:31,560 --> 01:00:34,200
Speaker 25: the most infuriating thing ever. You watch a train of

1294
01:00:34,280 --> 01:00:36,840
Speaker 25: thought starts and then they pause for a round of applause,

1295
01:00:37,320 --> 01:00:38,880
Speaker 25: and the whole thing could be half the length of

1296
01:00:38,960 --> 01:00:41,240
Speaker 25: time if everyone just agreed, we'll clap at the end.

1297
01:00:41,520 --> 01:00:43,560
Speaker 25: You know, it's kind of that that high school.

1298
01:00:43,320 --> 01:00:46,600
Speaker 8: Graduation the one thing we can get from the State.

1299
01:00:46,440 --> 01:00:46,960
Speaker 21: Of the Union.

1300
01:00:47,000 --> 01:00:48,880
Speaker 20: It's just how divided the Union is.

1301
01:00:48,920 --> 01:00:51,160
Speaker 8: And this applies to presidents of all stripes. Like you

1302
01:00:51,280 --> 01:00:51,640
Speaker 8: watch it.

1303
01:00:52,000 --> 01:00:54,120
Speaker 20: You have half of everyone standing up and cheering, the

1304
01:00:54,160 --> 01:00:57,120
Speaker 20: other half refusing to cheer the most basic things, and

1305
01:00:57,200 --> 01:00:59,160
Speaker 20: it just reminds you of how to function.

1306
01:00:58,960 --> 01:01:01,040
Speaker 8: All that level of politics is in the United States.

1307
01:01:01,280 --> 01:01:02,880
Speaker 3: It actually is a good point, Thomas, What do you

1308
01:01:02,920 --> 01:01:06,560
Speaker 3: reckons the problem with the townhouses? Why aren't they selling well?

1309
01:01:06,640 --> 01:01:08,440
Speaker 25: Because the people trying to sell them are trying to

1310
01:01:08,520 --> 01:01:11,320
Speaker 25: charge two high a price. You know, most people in

1311
01:01:11,360 --> 01:01:14,080
Speaker 25: New Zealand woulds if they had any choice in the world,

1312
01:01:14,120 --> 01:01:16,840
Speaker 25: would choose a standalone house. But if a townhouse is

1313
01:01:16,920 --> 01:01:18,960
Speaker 25: in the right price at the right place, you know,

1314
01:01:19,400 --> 01:01:21,560
Speaker 25: willing to buy it. So I think having a lot

1315
01:01:21,560 --> 01:01:25,280
Speaker 25: of townhouses available is a good thing. People trying to

1316
01:01:25,280 --> 01:01:27,480
Speaker 25: sell them will eventually have to move to meet the market,

1317
01:01:27,600 --> 01:01:29,960
Speaker 25: So I think this is good news. It's a success story.

1318
01:01:30,320 --> 01:01:30,480
Speaker 2: Yeah.

1319
01:01:30,520 --> 01:01:33,560
Speaker 3: I also think Jacket goes some way to disproving the

1320
01:01:33,680 --> 01:01:36,280
Speaker 3: idea that we need two million houses in the city.

1321
01:01:37,680 --> 01:01:39,560
Speaker 20: Well, I think it's I don't think we're getting two

1322
01:01:39,560 --> 01:01:42,160
Speaker 20: million houses in Awkland overnight, and even with the changes

1323
01:01:42,160 --> 01:01:43,960
Speaker 20: one point six over night. The idea is that you

1324
01:01:44,240 --> 01:01:46,880
Speaker 20: zone for that any right, so that you zone for

1325
01:01:47,000 --> 01:01:50,080
Speaker 20: a potential events.

1326
01:01:50,160 --> 01:01:52,840
Speaker 3: By what I mean, people have got so hung up

1327
01:01:53,040 --> 01:01:54,800
Speaker 3: on the fact that it's been reduced from two to

1328
01:01:55,200 --> 01:01:58,040
Speaker 3: one point six. This proves it doesn't actually matter because

1329
01:01:58,080 --> 01:02:00,160
Speaker 3: you don't need one point six. You don't need who,

1330
01:02:00,240 --> 01:02:01,960
Speaker 3: you don't need to stress out about that reduction.

1331
01:02:02,120 --> 01:02:05,280
Speaker 20: Yeah, yeah, but again I don't think the suggestion was

1332
01:02:05,320 --> 01:02:07,560
Speaker 20: ever that we would actually build that maximum number. I

1333
01:02:07,680 --> 01:02:09,800
Speaker 20: just think that they had to zone and lots of

1334
01:02:09,840 --> 01:02:12,240
Speaker 20: different places and zone for lots of density around the city.

1335
01:02:12,320 --> 01:02:14,520
Speaker 20: But to your broader point, like, do we need to

1336
01:02:14,680 --> 01:02:18,240
Speaker 20: zone for lots more houses? Well, I mean that zoning

1337
01:02:18,320 --> 01:02:21,440
Speaker 20: rule was for decades from now, so over time we're

1338
01:02:21,440 --> 01:02:23,440
Speaker 20: going to have to But yeah, I mean, it certainly

1339
01:02:23,480 --> 01:02:25,840
Speaker 20: shows that demand has dropped from the time time bang

1340
01:02:25,920 --> 01:02:28,520
Speaker 20: and costs as one component. One other thing I'd noticed

1341
01:02:29,520 --> 01:02:31,520
Speaker 20: the populationships over the last couple of years. I think

1342
01:02:31,560 --> 01:02:34,120
Speaker 20: we had population growth of like zero points seven to

1343
01:02:34,160 --> 01:02:37,840
Speaker 20: the year ending June. The year before was one point seven.

1344
01:02:37,880 --> 01:02:39,680
Speaker 20: The year before that was two point three. So there's

1345
01:02:39,720 --> 01:02:41,880
Speaker 20: been a big drop in the last couple of years.

1346
01:02:42,040 --> 01:02:44,280
Speaker 20: That's reflected in the rental prices, but it might also

1347
01:02:44,320 --> 01:02:45,040
Speaker 20: be reflected in this.

1348
01:02:45,080 --> 01:02:47,160
Speaker 3: Demat yep too. Right, All right, guys, it's good to

1349
01:02:47,200 --> 01:02:49,120
Speaker 3: talk to you. I really appreciate it. As Thomas Krumser

1350
01:02:49,320 --> 01:02:51,880
Speaker 3: Scrimsier rather and Jack's tame our huddle this evening coming

1351
01:02:51,960 --> 01:02:53,000
Speaker 3: up eight away from six.

1352
01:02:53,840 --> 01:02:57,080
Speaker 1: It's the heather Duper Cell and drive full show podcast

1353
01:02:57,200 --> 01:02:59,160
Speaker 1: on my hard radio powered by.

1354
01:02:59,120 --> 01:02:59,680
Speaker 2: News Talk Z.

1355
01:03:02,080 --> 01:03:03,360
Speaker 3: Tell you what we're going to catch up with Milford

1356
01:03:03,360 --> 01:03:05,680
Speaker 3: Asset Management and around about twenty minutes time, just get

1357
01:03:05,720 --> 01:03:07,720
Speaker 3: a take on how the markets are reacting to AI,

1358
01:03:07,800 --> 01:03:09,480
Speaker 3: because they can be a little bit volatile when it

1359
01:03:09,520 --> 01:03:11,960
Speaker 3: comes to that, can't they five away from six Now,

1360
01:03:12,600 --> 01:03:15,160
Speaker 3: some of the kids who participated in those protests, I

1361
01:03:15,240 --> 01:03:17,680
Speaker 3: say kids a bit loosely, let's say young people. Some

1362
01:03:17,840 --> 01:03:20,440
Speaker 3: of the young people who participated in those protests against

1363
01:03:20,440 --> 01:03:23,360
Speaker 3: the Israeli president visiting Australia. They got out of hand

1364
01:03:23,400 --> 01:03:25,560
Speaker 3: with the cops and stuff. These young people have now

1365
01:03:25,600 --> 01:03:28,200
Speaker 3: appeared in court and I want to draw the case

1366
01:03:28,240 --> 01:03:30,920
Speaker 3: of one, just one of these guys case to your attention,

1367
01:03:31,000 --> 01:03:33,480
Speaker 3: because I think it's quite illuminating as to what actually

1368
01:03:33,560 --> 01:03:35,920
Speaker 3: happened on the ground there. So this chap's name is

1369
01:03:36,040 --> 01:03:41,480
Speaker 3: Jace Turner. He's twenty eight, Jace Jasa Turner, twenty eight.

1370
01:03:42,640 --> 01:03:45,520
Speaker 3: In the video of the police arresting Jase with a

1371
01:03:45,600 --> 01:03:48,480
Speaker 3: c they look like the bad guys. He's lying on

1372
01:03:48,560 --> 01:03:50,600
Speaker 3: the ground. One of them's got his arm kind of

1373
01:03:50,640 --> 01:03:53,200
Speaker 3: crooks behind his back. They basically both of them are

1374
01:03:53,200 --> 01:03:55,240
Speaker 3: basically on top of him, trying to arrest him while

1375
01:03:55,240 --> 01:03:58,000
Speaker 3: he's lying face down, and they're punching him in the head,

1376
01:03:58,000 --> 01:03:59,560
Speaker 3: and they're punching him in the ribs, and they're doing

1377
01:03:59,600 --> 01:04:02,400
Speaker 3: it all times, right, So it just looks like police aggression.

1378
01:04:03,000 --> 01:04:05,360
Speaker 3: Turns out, we now find out in court he was

1379
01:04:05,440 --> 01:04:08,800
Speaker 3: actually biting one of the officer's ring fingers so hard

1380
01:04:09,320 --> 01:04:11,960
Speaker 3: that he broke the skin and left what looks like

1381
01:04:12,040 --> 01:04:14,800
Speaker 3: a reasonable sized hole in the guy's finger. And then

1382
01:04:14,840 --> 01:04:16,720
Speaker 3: if you look at the video again you can see it.

1383
01:04:16,840 --> 01:04:19,800
Speaker 3: So the kid is lying on the ground, the officer's

1384
01:04:19,880 --> 01:04:22,320
Speaker 3: finger is in his mouth, and the officer is trying

1385
01:04:22,360 --> 01:04:23,959
Speaker 3: to get the finger out, but this kid is biting

1386
01:04:24,040 --> 01:04:26,560
Speaker 3: down so hard that a fully grown man cannot pull

1387
01:04:26,640 --> 01:04:28,720
Speaker 3: his finger out of this kid's mouth. So he starts

1388
01:04:28,760 --> 01:04:30,120
Speaker 3: punching the kid in the head to try to get

1389
01:04:30,160 --> 01:04:31,520
Speaker 3: him to let go. He will not let go. The

1390
01:04:31,600 --> 01:04:34,440
Speaker 3: other officer starts punching him to let go, and eventually

1391
01:04:34,480 --> 01:04:36,320
Speaker 3: the kid lets go. So it gives you a totally

1392
01:04:36,320 --> 01:04:39,880
Speaker 3: different spin on what has actually happened there. The court

1393
01:04:40,000 --> 01:04:43,160
Speaker 3: heard that jace but the officer with extreme force, causing

1394
01:04:43,240 --> 01:04:46,000
Speaker 3: bleeding and bruising. He got a taling off from the

1395
01:04:46,040 --> 01:04:48,080
Speaker 3: magistrate when he appeared in court because he turned up

1396
01:04:48,080 --> 01:04:50,600
Speaker 3: in court in wearing a suit and then wrapped in

1397
01:04:50,640 --> 01:04:53,760
Speaker 3: a keffeir scarf. The magistrate told him this is not

1398
01:04:53,880 --> 01:04:56,280
Speaker 3: a place for protest, This is not a place for

1399
01:04:56,360 --> 01:04:59,920
Speaker 3: political opinions, this is a place of law. Not impressed.

1400
01:05:01,000 --> 01:05:04,920
Speaker 3: He was also walking with a fashion cane at twenty

1401
01:05:05,000 --> 01:05:09,000
Speaker 3: eight which security had to remove from him also, and

1402
01:05:09,080 --> 01:05:11,400
Speaker 3: I feel like this is information you need to know.

1403
01:05:11,920 --> 01:05:14,600
Speaker 3: He was already on bail for three counts of common

1404
01:05:14,600 --> 01:05:17,160
Speaker 3: assault and remaining on a premises after being excluded for

1405
01:05:17,240 --> 01:05:20,000
Speaker 3: an incident from August last year, as well as a

1406
01:05:20,040 --> 01:05:23,680
Speaker 3: separate charge of domestic violence assault, and by attending the

1407
01:05:23,720 --> 01:05:27,040
Speaker 3: protest he had broken his curfew. So might make you

1408
01:05:27,360 --> 01:05:29,160
Speaker 3: have a little rethink of who you feel sorry for

1409
01:05:29,320 --> 01:05:31,760
Speaker 3: in these cases today. Tip Trainey, by the way, is

1410
01:05:31,840 --> 01:05:33,360
Speaker 3: going to be with us after half pas six. Talk

1411
01:05:33,440 --> 01:05:34,960
Speaker 3: us through the very thing we opened the show with,

1412
01:05:35,120 --> 01:05:37,640
Speaker 3: which is the Reserve Bank trying to force the banks

1413
01:05:38,040 --> 01:05:41,960
Speaker 3: retail banks offer us the cash services. Heather. The reason

1414
01:05:42,040 --> 01:05:44,360
Speaker 3: that townhouses are not selling is a total lack of

1415
01:05:44,440 --> 01:05:47,280
Speaker 3: car parking spaces for two plus bedrooms. There is no

1416
01:05:47,440 --> 01:05:49,200
Speaker 3: room for friends to park. Just have a look at

1417
01:05:49,200 --> 01:05:52,160
Speaker 3: the subdivision in Albany done by Fletcher's. Thank you Bruce

1418
01:05:53,280 --> 01:06:01,840
Speaker 3: Meridian's boss. Next up, no time stream, I can't call

1419
01:06:01,960 --> 01:06:02,880
Speaker 3: you geaz.

1420
01:06:05,640 --> 01:06:06,720
Speaker 8: Are you be love?

1421
01:06:08,040 --> 01:06:10,880
Speaker 3: Levare just a little.

1422
01:06:10,680 --> 01:06:18,520
Speaker 2: More keeping track of where the money is flowing.

1423
01:06:19,000 --> 01:06:22,920
Speaker 1: The Business Hour with header DUPERICL and MAS Insurance and

1424
01:06:23,080 --> 01:06:26,520
Speaker 1: Investments Your futures hin good hands U storgst me.

1425
01:06:28,320 --> 01:06:30,400
Speaker 3: Even in coming up in the next hour, Milford Asset

1426
01:06:30,480 --> 01:06:33,400
Speaker 3: Management on how the markets are reacting to AI progress,

1427
01:06:33,520 --> 01:06:35,920
Speaker 3: Genative Cherinee on whether the Reserve Bank is on the

1428
01:06:36,000 --> 01:06:38,760
Speaker 3: money trying to force the banks to provide more money services.

1429
01:06:38,880 --> 01:06:41,560
Speaker 3: And Gavin Gray with the latest drama with the UK

1430
01:06:41,800 --> 01:06:45,000
Speaker 3: government and Peter Mandelson. Right now it's seven past six

1431
01:06:45,080 --> 01:06:47,160
Speaker 3: now a big turnaround for one of our gent Taylor's

1432
01:06:47,520 --> 01:06:49,959
Speaker 3: Meridians posted a first half net profit of two hundred

1433
01:06:49,960 --> 01:06:52,360
Speaker 3: and twenty seven million dollars. That's compared with one hundred

1434
01:06:52,360 --> 01:06:55,080
Speaker 3: and twenty one million dollar loss in the corresponding period

1435
01:06:55,200 --> 01:06:58,800
Speaker 3: last year. Mike Grohn is the chief executive Home Mike Hey,

1436
01:06:59,320 --> 01:07:01,880
Speaker 3: this is basic. This massive turnarounds basically down to rain

1437
01:07:01,960 --> 01:07:02,240
Speaker 3: isn't it.

1438
01:07:03,760 --> 01:07:06,080
Speaker 21: It's certainly a strong result, and it helps when you've

1439
01:07:06,080 --> 01:07:07,880
Speaker 21: got supportive environmental conditions.

1440
01:07:08,160 --> 01:07:11,080
Speaker 8: Mother nature has certainly come to party. Yeah.

1441
01:07:11,400 --> 01:07:14,160
Speaker 3: Does it worry you that that things can turn? It

1442
01:07:14,240 --> 01:07:17,000
Speaker 3: can swing so wildly from one side to the other,

1443
01:07:17,320 --> 01:07:18,800
Speaker 3: just based on rain for your business.

1444
01:07:19,720 --> 01:07:22,720
Speaker 21: Oh, the events we saw last year are really unusual,

1445
01:07:23,200 --> 01:07:26,439
Speaker 21: you know, the combination of a drought with unexpected loss

1446
01:07:26,480 --> 01:07:29,960
Speaker 21: of gas supply. You know, the events this year certainly

1447
01:07:30,000 --> 01:07:33,040
Speaker 21: more rain that we expect, but on average, you know,

1448
01:07:33,320 --> 01:07:35,800
Speaker 21: we tend to have plenty of rain and wind to

1449
01:07:35,920 --> 01:07:39,880
Speaker 21: power the electricity system. So you know, I would expect

1450
01:07:39,960 --> 01:07:43,000
Speaker 21: more results like you've seen this year than you know,

1451
01:07:43,120 --> 01:07:44,480
Speaker 21: the one that you saw last year.

1452
01:07:44,880 --> 01:07:47,520
Speaker 3: Well, I mean, the loss of gas is obviously going

1453
01:07:47,600 --> 01:07:49,920
Speaker 3: to be the future for us. So is this what

1454
01:07:50,040 --> 01:07:51,680
Speaker 3: it looks like? Is last year what it looks like

1455
01:07:51,800 --> 01:07:53,280
Speaker 3: every time we have a drought year for you?

1456
01:07:55,200 --> 01:07:58,880
Speaker 21: No, So what we did after the drought is we

1457
01:08:00,040 --> 01:08:02,920
Speaker 21: went out and looked at how we both stabilized security

1458
01:08:03,520 --> 01:08:09,280
Speaker 21: and manage affordability while risk for shareholders, and we completed

1459
01:08:09,400 --> 01:08:15,760
Speaker 21: the Strategic Energy Reserve huntly and that transaction allows us

1460
01:08:15,840 --> 01:08:19,080
Speaker 21: to shore up the business during drought materially.

1461
01:08:19,720 --> 01:08:21,719
Speaker 3: Now what's the plan with hydro development?

1462
01:08:23,800 --> 01:08:28,720
Speaker 8: Well, really early days. You know, I'm pretty excited about it.

1463
01:08:29,360 --> 01:08:30,120
Speaker 8: First time in.

1464
01:08:31,360 --> 01:08:36,000
Speaker 21: Thirty years that we've looked at hydro development. But the

1465
01:08:36,080 --> 01:08:39,800
Speaker 21: reason I'm excited is if we can find a way

1466
01:08:39,880 --> 01:08:43,920
Speaker 21: to store more water, then you know, we can generate

1467
01:08:44,479 --> 01:08:49,479
Speaker 21: more of the electricity from hydro, which will bring the

1468
01:08:49,520 --> 01:08:53,080
Speaker 21: average price of energy down. The challenges, It'll take us

1469
01:08:53,160 --> 01:08:54,160
Speaker 21: time to get there.

1470
01:08:54,240 --> 01:08:57,960
Speaker 8: And you know we're early days now looking at what

1471
01:08:58,040 --> 01:08:58,320
Speaker 8: we can do.

1472
01:08:58,400 --> 01:09:00,719
Speaker 3: I mean, you're not talking about building in you damn?

1473
01:09:00,800 --> 01:09:01,040
Speaker 17: Are you?

1474
01:09:01,200 --> 01:09:02,920
Speaker 3: You're talking about lifting a lake level?

1475
01:09:03,800 --> 01:09:08,080
Speaker 8: That's exactly right. We're looking at Pukaki Dam and we're

1476
01:09:08,120 --> 01:09:08,720
Speaker 8: looking at what.

1477
01:09:08,840 --> 01:09:11,760
Speaker 21: We might be able to do to lift that damn

1478
01:09:11,880 --> 01:09:15,000
Speaker 21: while engineering wise, you know that can all be done.

1479
01:09:15,120 --> 01:09:17,080
Speaker 21: So there's no question that the engineering can be done.

1480
01:09:17,160 --> 01:09:20,479
Speaker 21: The question that I've asked the team is is it

1481
01:09:20,640 --> 01:09:21,560
Speaker 21: economic to do it?

1482
01:09:22,200 --> 01:09:22,240
Speaker 16: So?

1483
01:09:22,439 --> 01:09:26,840
Speaker 21: Does it actually make financial sense to expand the amount

1484
01:09:26,880 --> 01:09:29,519
Speaker 21: of hydro storage that we've got within the company, And

1485
01:09:29,840 --> 01:09:32,680
Speaker 21: you know that the country would have to manage the

1486
01:09:32,760 --> 01:09:34,200
Speaker 21: swings and roundabouts of the weather.

1487
01:09:34,680 --> 01:09:35,120
Speaker 17: What is it?

1488
01:09:35,520 --> 01:09:37,240
Speaker 3: What are you weighing up there? Are you weighing up

1489
01:09:37,320 --> 01:09:38,280
Speaker 3: the cost of doing this.

1490
01:09:39,360 --> 01:09:40,519
Speaker 2: Yes, that's exactly right.

1491
01:09:41,280 --> 01:09:43,200
Speaker 3: Tell me if I'm wrong here. But my understanding of

1492
01:09:43,240 --> 01:09:45,160
Speaker 3: this is, like, you know, a normal punter like me

1493
01:09:45,240 --> 01:09:47,639
Speaker 3: would think, oh the sweet as you just lift the level,

1494
01:09:47,680 --> 01:09:50,240
Speaker 3: you just hold more. But it's not as simple as that,

1495
01:09:50,360 --> 01:09:52,280
Speaker 3: is it. Like there's a significant amount of construction that

1496
01:09:52,320 --> 01:09:52,800
Speaker 3: you would need.

1497
01:09:53,800 --> 01:09:57,240
Speaker 21: Yeah, you need so there is a little more water

1498
01:09:57,320 --> 01:09:59,400
Speaker 21: that we could store, and we're looking carefully at that

1499
01:09:59,439 --> 01:10:04,439
Speaker 21: wayout ex banning the dam structure, but to store the

1500
01:10:04,520 --> 01:10:08,000
Speaker 21: amount of water that the country really would need to

1501
01:10:09,120 --> 01:10:12,639
Speaker 21: both help electrify and manage you know, dry yer in future.

1502
01:10:12,800 --> 01:10:14,920
Speaker 21: Is you know you're talking a lift in that dam

1503
01:10:15,200 --> 01:10:18,400
Speaker 21: of I'll say between five and fifteen meters, So it's

1504
01:10:18,600 --> 01:10:22,799
Speaker 21: quite a substantial effort in a rebuild of that damn structure.

1505
01:10:22,920 --> 01:10:25,880
Speaker 21: So you know you're probably talking billions of dollars to

1506
01:10:26,000 --> 01:10:26,200
Speaker 21: do that.

1507
01:10:26,560 --> 01:10:28,880
Speaker 3: Would you be prepared to fund it yourself as a company?

1508
01:10:29,880 --> 01:10:31,600
Speaker 8: Oh yeah, you know, like if we can see the

1509
01:10:31,680 --> 01:10:35,400
Speaker 8: economic opportunity, then you know, I doubt we'll have any

1510
01:10:35,479 --> 01:10:36,640
Speaker 8: problem funding it.

1511
01:10:37,200 --> 01:10:38,920
Speaker 3: What about I mean, is this going to flip the

1512
01:10:38,960 --> 01:10:39,559
Speaker 3: greenees out?

1513
01:10:41,520 --> 01:10:41,640
Speaker 25: Now?

1514
01:10:42,479 --> 01:10:45,839
Speaker 8: The beauty with Poukak is it's a modified hydro attatchment,

1515
01:10:45,920 --> 01:10:48,479
Speaker 8: and there are very few people that live around it.

1516
01:10:48,560 --> 01:10:50,000
Speaker 8: And so when I say modifate.

1517
01:10:49,880 --> 01:10:52,640
Speaker 3: Snils though, Mike, have we got snails or skinks of

1518
01:10:52,680 --> 01:10:53,280
Speaker 3: stuff like that?

1519
01:10:54,280 --> 01:10:55,200
Speaker 8: We don't, you know.

1520
01:10:55,280 --> 01:10:58,560
Speaker 21: That's yeah, that's when I say modified hydro attatchment, I

1521
01:10:58,640 --> 01:11:02,840
Speaker 21: really mean that the environmental impact of both raising and

1522
01:11:02,960 --> 01:11:07,360
Speaker 21: lowering that lake is really limited because it's already got

1523
01:11:07,439 --> 01:11:12,040
Speaker 21: a fourteen meter operating range, so there's not a massive

1524
01:11:12,160 --> 01:11:15,719
Speaker 21: environmental impact and you're not impacting people who would otherwise

1525
01:11:15,760 --> 01:11:19,800
Speaker 21: live around the facility. The real question is can we

1526
01:11:19,920 --> 01:11:22,880
Speaker 21: make the economics stack up? And I don't have the

1527
01:11:23,000 --> 01:11:25,280
Speaker 21: answer to that, so at the moment, it's a bit

1528
01:11:25,320 --> 01:11:29,920
Speaker 21: of a dream, but it's one worth pursuing because if

1529
01:11:29,960 --> 01:11:34,520
Speaker 21: we can deliver it, then we drive a structural advantage

1530
01:11:34,560 --> 01:11:37,000
Speaker 21: for the New Zealand economy visa the Australia or the

1531
01:11:37,160 --> 01:11:40,839
Speaker 21: US or Europe or Asia because they don't have access

1532
01:11:40,880 --> 01:11:43,640
Speaker 21: to water like we do, and we can have a

1533
01:11:43,720 --> 01:11:47,519
Speaker 21: lower price for energy or electricity than they would ever

1534
01:11:47,640 --> 01:11:50,080
Speaker 21: hope to experience, which helps our exporters.

1535
01:11:50,200 --> 01:11:52,000
Speaker 3: Yeah, I'm really interested to see how this goes. Mike,

1536
01:11:52,080 --> 01:11:55,000
Speaker 3: Thanks for talking us through at Mike Rohan, Meridian chief executive,

1537
01:11:55,840 --> 01:11:58,880
Speaker 3: on the subject staying on the gent tailors. Do you

1538
01:11:58,920 --> 01:12:01,760
Speaker 3: remember when Malcolm John from Genesis was on the show

1539
01:12:01,800 --> 01:12:04,080
Speaker 3: on Monday and we asked them if power prices were

1540
01:12:04,120 --> 01:12:06,479
Speaker 3: going to go up or what Malcolm, what's happening with

1541
01:12:06,520 --> 01:12:07,559
Speaker 3: the power prices later this.

1542
01:12:07,680 --> 01:12:11,120
Speaker 25: Year At the moment, they're looking fairly stable.

1543
01:12:11,280 --> 01:12:13,240
Speaker 3: I was meaning, are you guys putting power prices up

1544
01:12:13,320 --> 01:12:14,400
Speaker 3: on No, we.

1545
01:12:14,439 --> 01:12:16,400
Speaker 2: Don't have any plans in the immediate future.

1546
01:12:16,160 --> 01:12:16,479
Speaker 8: To do that.

1547
01:12:17,120 --> 01:12:19,040
Speaker 3: No plans in the immediate future to do that. Well,

1548
01:12:19,040 --> 01:12:21,720
Speaker 3: how about April the second because Grant sent me a

1549
01:12:21,760 --> 01:12:25,240
Speaker 3: message today Grant's a listener. Grant said, FYI two days

1550
01:12:25,240 --> 01:12:28,599
Speaker 3: ago Genesis two days later, after saying that Genesis has

1551
01:12:28,640 --> 01:12:31,479
Speaker 3: increased pricing on the ev home plan effective the eighth

1552
01:12:31,520 --> 01:12:33,920
Speaker 3: of April. Maybe a lot can change in the electricity

1553
01:12:34,000 --> 01:12:36,320
Speaker 3: market in two days. And then Georgia, who's sitting next

1554
01:12:36,320 --> 01:12:39,360
Speaker 3: to me, goes I got an email from Genesis last week,

1555
01:12:39,360 --> 01:12:41,200
Speaker 3: actually had sent it through to me. Georgia yet no

1556
01:12:41,320 --> 01:12:43,680
Speaker 3: second of April price is going up for her as well.

1557
01:12:43,760 --> 01:12:46,920
Speaker 3: So we emailed Genesis were like, what up? They said, no,

1558
01:12:47,000 --> 01:12:50,479
Speaker 3: it's true. It's happening. Genesis prices are actually going up

1559
01:12:50,520 --> 01:12:54,120
Speaker 3: for the year, so make of that what you will.

1560
01:12:54,240 --> 01:12:58,320
Speaker 1: Thirteen past six it's the Heather Duper Clan Drive Full

1561
01:12:58,439 --> 01:13:02,240
Speaker 1: show podcast on Art Radio empowered by newstalg Zeppi.

1562
01:13:03,240 --> 01:13:06,080
Speaker 3: Heather Octopus emailed me dropping my prices from second of April.

1563
01:13:06,160 --> 01:13:08,800
Speaker 3: You just need to shop around now. We all do it,

1564
01:13:08,840 --> 01:13:11,080
Speaker 3: don't we. We overthink the big things, the job security,

1565
01:13:11,120 --> 01:13:12,920
Speaker 3: the mortgage rates, all that lump in our necks, and

1566
01:13:13,040 --> 01:13:15,240
Speaker 3: we overthink the little things as well. What night has

1567
01:13:15,280 --> 01:13:18,200
Speaker 3: beens night? Why has Chie suddenly become a luxury item?

1568
01:13:18,600 --> 01:13:20,679
Speaker 3: But as a member of this New Zealand grown, member

1569
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Speaker 3: own mutual, you can rest easy knowing that your future

1570
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Speaker 3: is in God hands. MAZ is an insurance and investment

1571
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Speaker 3: mutual which has been putting their members' worries to bed

1572
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Speaker 3: for over one hundred years, and this year, for the

1573
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Speaker 3: tenth year in a row, MAZ members have voted them

1574
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Speaker 3: consumer People's Choice for house, contents and car insurance. MAS

1575
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Speaker 3: offers premium insurance and investment products, expert advice, and exceptional service,

1576
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Speaker 3: all with your needs at heart. So whether you want

1577
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Speaker 3: to grow your wealth or protect your future, MAS has

1578
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Speaker 3: got you covered. Join the thousands of satisfied members who

1579
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Speaker 3: trust Maths to protect what matters the most. Your future

1580
01:13:53,000 --> 01:13:56,479
Speaker 3: is in good hands with maz visit masmas dot co

1581
01:13:56,680 --> 01:13:59,640
Speaker 3: dot nz, approaching.

1582
01:13:59,200 --> 01:14:02,200
Speaker 1: The numbers and getting the results. It's how the duplessy

1583
01:14:02,280 --> 01:14:06,040
Speaker 1: Allen on the Business Hour with Maths, Insurance and investments.

1584
01:14:06,240 --> 01:14:09,200
Speaker 1: Your futures in good hands used talks.

1585
01:14:08,920 --> 01:14:11,360
Speaker 3: That'd be seventeen Passics and joining me now is Andrew

1586
01:14:11,400 --> 01:14:15,479
Speaker 3: Kurtain Milford Asset Management, Hi, Andrew Egniting Heather Right, what

1587
01:14:15,680 --> 01:14:18,240
Speaker 3: is the latest with the stock markets and the AI tools.

1588
01:14:20,240 --> 01:14:23,320
Speaker 26: There's a lot going on underneath the surface this year.

1589
01:14:23,479 --> 01:14:25,519
Speaker 26: I think a lot of people maybe just look at

1590
01:14:25,520 --> 01:14:27,679
Speaker 26: it the headline market which has sort of been flat

1591
01:14:28,040 --> 01:14:31,439
Speaker 26: to moderately higher, but beneath the surface, there's.

1592
01:14:31,200 --> 01:14:32,439
Speaker 2: A huge amount of change going on.

1593
01:14:32,560 --> 01:14:34,720
Speaker 26: So a key key development over the last couple of

1594
01:14:34,760 --> 01:14:39,559
Speaker 26: weeks has been this AI model which is called Claude,

1595
01:14:39,600 --> 01:14:42,880
Speaker 26: which is produced by company called Anthropics, the second largest

1596
01:14:42,960 --> 01:14:45,720
Speaker 26: large language model company in the world, has released this

1597
01:14:46,520 --> 01:14:50,479
Speaker 26: amazing upgrades to their model and it's called Chlord Code

1598
01:14:50,560 --> 01:14:53,120
Speaker 26: and another version of it called cord Cowork, which is

1599
01:14:53,200 --> 01:14:57,120
Speaker 26: basically changing how people look at using AI in the workplace,

1600
01:14:57,560 --> 01:14:59,960
Speaker 26: So I think until now people sort look to AIS

1601
01:15:00,200 --> 01:15:02,040
Speaker 26: like a chat bot. You use it personally, you ask

1602
01:15:02,080 --> 01:15:03,600
Speaker 26: it a few questions. It's kind of cool, but it

1603
01:15:03,640 --> 01:15:06,360
Speaker 26: doesn't really change much. I think we've finally got to

1604
01:15:06,439 --> 01:15:09,479
Speaker 26: the point where AI has got to a point that

1605
01:15:09,560 --> 01:15:12,000
Speaker 26: can be used daily in your job, that can replace

1606
01:15:12,120 --> 01:15:14,680
Speaker 26: what you're doing. It can potentially mean you're going to

1607
01:15:14,760 --> 01:15:17,639
Speaker 26: save hours and hours out of your day, a compettion,

1608
01:15:17,760 --> 01:15:19,519
Speaker 26: mean you might lose your job because it's going to

1609
01:15:19,560 --> 01:15:21,479
Speaker 26: be so good that you don't actually need certain people.

1610
01:15:21,560 --> 01:15:24,200
Speaker 26: And so it's really having a big impact on the market.

1611
01:15:24,280 --> 01:15:26,000
Speaker 26: It sent things into a little bit of a tailspin.

1612
01:15:26,120 --> 01:15:27,960
Speaker 26: Just to give you some context, some of the largest

1613
01:15:28,080 --> 01:15:31,439
Speaker 26: software companies in the world are down fifty percent here today,

1614
01:15:31,600 --> 01:15:33,400
Speaker 26: so in about six or seven weeks.

1615
01:15:33,560 --> 01:15:36,000
Speaker 3: Wow, So what sort of companies are winning and losing

1616
01:15:36,040 --> 01:15:36,519
Speaker 3: on the back of this.

1617
01:15:38,360 --> 01:15:41,120
Speaker 26: So at the moment, the market's treating the losers as

1618
01:15:41,200 --> 01:15:47,160
Speaker 26: companies which generate revenues from operations which are primarily able

1619
01:15:47,200 --> 01:15:50,200
Speaker 26: to be disrupted by artificial intelligence, and it's generally white

1620
01:15:50,240 --> 01:15:53,360
Speaker 26: collar workforce companies. So software is the sort of primary

1621
01:15:53,439 --> 01:15:56,120
Speaker 26: candidate at the moment, they generate mostly their revenues sending

1622
01:15:56,200 --> 01:15:59,080
Speaker 26: software products which are built by a bunch of engineers

1623
01:15:59,120 --> 01:16:01,439
Speaker 26: and coders which develop it. Or AI is showing that

1624
01:16:01,520 --> 01:16:04,320
Speaker 26: it can actually very efficiently code and develop software products.

1625
01:16:05,280 --> 01:16:07,840
Speaker 26: So yeah, all those companies are getting torched at the moment,

1626
01:16:08,920 --> 01:16:11,160
Speaker 26: and then over the last week or two it started

1627
01:16:11,200 --> 01:16:13,320
Speaker 26: spreading into a lot of other companies. You wouldn't think

1628
01:16:13,360 --> 01:16:18,080
Speaker 26: it would hit insurance, Bokus, financial advisors, companies that sell

1629
01:16:18,200 --> 01:16:21,240
Speaker 26: information or data. So basically anything that doesn't produce a

1630
01:16:21,280 --> 01:16:24,280
Speaker 26: physical product and seems ripe for AI to come in

1631
01:16:24,400 --> 01:16:25,080
Speaker 26: and actually.

1632
01:16:25,000 --> 01:16:25,840
Speaker 2: Replace what they do.

1633
01:16:26,560 --> 01:16:28,600
Speaker 3: Wow. Okay, So on the carry out the.

1634
01:16:28,600 --> 01:16:30,519
Speaker 26: Winning side, because there are there are few that are

1635
01:16:30,560 --> 01:16:33,439
Speaker 26: winning on the winning side if you kind of take

1636
01:16:33,479 --> 01:16:34,960
Speaker 26: the view of the world that ALI is going to

1637
01:16:35,000 --> 01:16:37,960
Speaker 26: make every company that's sort of digitally based potentially at risk,

1638
01:16:38,120 --> 01:16:39,640
Speaker 26: or what you want to do is by companies that

1639
01:16:39,720 --> 01:16:44,080
Speaker 26: produce physical or real assets. So you're seeing infrastructure companies

1640
01:16:44,160 --> 01:16:47,439
Speaker 26: up the form, natural resources companies such as miners, even

1641
01:16:47,520 --> 01:16:50,479
Speaker 26: oil stocks are up performing. And then of course companies

1642
01:16:50,520 --> 01:16:52,720
Speaker 26: that are producing the physical assets that go into AI

1643
01:16:52,880 --> 01:16:55,760
Speaker 26: data centers, like the chips and the and the bear

1644
01:16:55,880 --> 01:16:58,160
Speaker 26: metal that goes into producing the data centers in.

1645
01:16:58,240 --> 01:17:01,240
Speaker 3: South outside of the stock market itself. Are they likely

1646
01:17:01,320 --> 01:17:03,639
Speaker 3: to be any large impacts on our daily lives this year?

1647
01:17:05,160 --> 01:17:09,040
Speaker 26: Yeah, it's an interesting question because at the moment not really,

1648
01:17:10,439 --> 01:17:12,639
Speaker 26: but I predict that sort of throughout twenty twenty six

1649
01:17:12,720 --> 01:17:14,680
Speaker 26: we will start to see more and more impact. I

1650
01:17:14,680 --> 01:17:17,080
Speaker 26: think it's going to start for everyone, and white collar

1651
01:17:17,160 --> 01:17:20,200
Speaker 26: jobs are going to be almost forced to start using

1652
01:17:20,280 --> 01:17:22,960
Speaker 26: AI more and learning it because everyone else aroundman is

1653
01:17:23,000 --> 01:17:24,320
Speaker 26: going to be doing so it becomes a bit of

1654
01:17:24,360 --> 01:17:25,800
Speaker 26: a competitive thing that you need to know.

1655
01:17:25,840 --> 01:17:27,519
Speaker 2: How to use it and implement it in your day

1656
01:17:27,520 --> 01:17:28,080
Speaker 2: to day job.

1657
01:17:29,360 --> 01:17:31,640
Speaker 26: And then I think probably the bigger impacts could be

1658
01:17:31,680 --> 01:17:33,559
Speaker 26: sort of looking more in the twenty seven twenty eight

1659
01:17:33,600 --> 01:17:36,040
Speaker 26: I think at this point you may start to get

1660
01:17:36,040 --> 01:17:38,200
Speaker 26: to the point where there's lots of job losses.

1661
01:17:37,960 --> 01:17:38,920
Speaker 2: Coming from AI.

1662
01:17:39,200 --> 01:17:41,439
Speaker 27: Certain jobs that you know are more about sort of

1663
01:17:41,760 --> 01:17:45,599
Speaker 27: data mining, data replacement, analytical work that is easy to replace,

1664
01:17:46,120 --> 01:17:48,439
Speaker 27: those people could be at threats. So yeah, there's some

1665
01:17:48,479 --> 01:17:52,280
Speaker 27: potentially quite worrying medium term implications here that could cause

1666
01:17:52,320 --> 01:17:54,920
Speaker 27: sort of widespread job losses and a massive relocation of

1667
01:17:55,000 --> 01:17:57,000
Speaker 27: how labor works in the workforce.

1668
01:17:57,200 --> 01:17:59,479
Speaker 3: Okay, so we've got in video reporting tomorrow. What do

1669
01:17:59,560 --> 01:18:00,200
Speaker 3: we expect.

1670
01:18:01,840 --> 01:18:02,439
Speaker 2: Strong result?

1671
01:18:03,000 --> 01:18:05,479
Speaker 26: I think the Vidya is pretty well positioned still with

1672
01:18:05,560 --> 01:18:06,519
Speaker 26: his AI build out.

1673
01:18:06,600 --> 01:18:09,000
Speaker 2: It still produces the best AI chips.

1674
01:18:08,720 --> 01:18:12,519
Speaker 26: In the world, and at the moment demand for AI

1675
01:18:12,800 --> 01:18:15,519
Speaker 26: chips is basically at peak all time levels.

1676
01:18:15,560 --> 01:18:18,800
Speaker 2: It's accelerating a huge amount of the last of the

1677
01:18:18,840 --> 01:18:19,759
Speaker 2: three to six months.

1678
01:18:19,840 --> 01:18:22,240
Speaker 26: So we speak strong numbers from Nvidia, does the share

1679
01:18:22,320 --> 01:18:23,519
Speaker 26: price go up on those numbers?

1680
01:18:23,560 --> 01:18:24,360
Speaker 2: There's more of a question.

1681
01:18:24,960 --> 01:18:26,800
Speaker 26: I think it's such a big company now, it's got

1682
01:18:26,840 --> 01:18:29,160
Speaker 26: a little bit of competitive threat coming from other companies.

1683
01:18:29,280 --> 01:18:30,240
Speaker 2: So yeah, sort of.

1684
01:18:30,360 --> 01:18:32,640
Speaker 26: My expectation is probably strong numbers, but we may not

1685
01:18:32,760 --> 01:18:34,000
Speaker 26: get a big share price pop on it.

1686
01:18:34,240 --> 01:18:36,360
Speaker 3: Yeah, brilliant. Hey, it's good to talk to Andrew. That's fascinating.

1687
01:18:36,400 --> 01:18:40,800
Speaker 3: Andrew Kurtain from Milford Asset Management, Woolworth, New Zealand has

1688
01:18:40,840 --> 01:18:43,680
Speaker 3: reported today's results looking pretty good. Revenue is up to

1689
01:18:43,840 --> 01:18:46,880
Speaker 3: four point four one billion dollars. It's marginally up from

1690
01:18:46,960 --> 01:18:48,840
Speaker 3: last year. I mean, I think you probably just call

1691
01:18:48,880 --> 01:18:51,320
Speaker 3: it steady. My tip is weight for the full year,

1692
01:18:51,640 --> 01:18:53,800
Speaker 3: and it's slightly tongue in cheek, but also I do

1693
01:18:53,960 --> 01:18:56,080
Speaker 3: actually mean this weight for the full year, because the

1694
01:18:56,160 --> 01:19:00,479
Speaker 3: bricks collection is a thing like that is the best

1695
01:19:00,640 --> 01:19:03,000
Speaker 3: that is the best collectible that Wilworth has done for

1696
01:19:03,160 --> 01:19:05,880
Speaker 3: a very very long time. Which I just find that

1697
01:19:05,960 --> 01:19:09,360
Speaker 3: I enjoy spending money on groceries sort of mesh in

1698
01:19:09,479 --> 01:19:11,280
Speaker 3: order to get the little packets of things. And surely

1699
01:19:11,400 --> 01:19:13,639
Speaker 3: to God, that's got to make people switch from from

1700
01:19:13,920 --> 01:19:15,920
Speaker 3: the other supermarkets to Woolworth just to get their hands

1701
01:19:15,960 --> 01:19:16,120
Speaker 3: on that.

1702
01:19:16,600 --> 01:19:17,880
Speaker 2: Surely six.

1703
01:19:19,320 --> 01:19:22,840
Speaker 1: Whether it's macro micro or just plain economics. It's fall

1704
01:19:23,080 --> 01:19:26,479
Speaker 1: on the Business Hour with Heather dup cur and Mass

1705
01:19:26,600 --> 01:19:31,120
Speaker 1: Insurance and Investments, Your futures in good hands, News Talks Heavy.

1706
01:19:32,360 --> 01:19:35,679
Speaker 3: I should actually tell you this is the Paramount Netflix

1707
01:19:35,880 --> 01:19:38,960
Speaker 3: Warner Brothers deal. It looks the news out today suggests

1708
01:19:38,960 --> 01:19:41,240
Speaker 3: that Paramount is pulling ahead of Netflix in order to

1709
01:19:41,960 --> 01:19:44,600
Speaker 3: in the battle to buy Warner Brothers. It's it's up

1710
01:19:44,640 --> 01:19:47,400
Speaker 3: to it's share offer. Originally it's about thirty dollars a year.

1711
01:19:47,400 --> 01:19:49,320
Speaker 3: It's up to to thirty one dollars a share in

1712
01:19:49,439 --> 01:19:52,040
Speaker 3: various other little bits and bobs like I can't remember

1713
01:19:52,040 --> 01:19:54,720
Speaker 3: what they call it, but it's it's they pay, they

1714
01:19:54,840 --> 01:19:58,240
Speaker 3: pay investors basically for every quarter. I think that the

1715
01:19:58,320 --> 01:20:00,760
Speaker 3: thing isn't wrapped up while they sit their way to

1716
01:20:00,760 --> 01:20:02,519
Speaker 3: a ticking. I think it's a ticking payment or something

1717
01:20:02,560 --> 01:20:05,240
Speaker 3: like that. Anyway, Warner's put out a statement today saying

1718
01:20:05,280 --> 01:20:08,320
Speaker 3: that the new bid could reasonably be expected to lead

1719
01:20:08,720 --> 01:20:14,120
Speaker 3: to a proposal superior to Netflix's signed agreement. However, if

1720
01:20:14,200 --> 01:20:16,679
Speaker 3: Paramount does pull ahead, it does, it's by no means

1721
01:20:17,000 --> 01:20:19,360
Speaker 3: a done deal. Netflix then has four days to match

1722
01:20:19,439 --> 01:20:20,960
Speaker 3: the office, so this could drag out for a very

1723
01:20:21,000 --> 01:20:22,160
Speaker 3: long time. Six twenty six.

1724
01:20:22,960 --> 01:20:25,719
Speaker 2: There's no business like show business.

1725
01:20:30,400 --> 01:20:32,000
Speaker 3: Which movie features the song?

1726
01:20:32,240 --> 01:20:32,400
Speaker 5: You know?

1727
01:20:32,479 --> 01:20:35,519
Speaker 3: The movie Romeo and Juliet by who by Baz Lerma.

1728
01:20:36,000 --> 01:20:38,599
Speaker 3: Now you know Baz because he's the Australian director has

1729
01:20:38,640 --> 01:20:40,800
Speaker 3: made some of the greatest spectacle movies of all time

1730
01:20:40,920 --> 01:20:44,600
Speaker 3: think Mulin Rouge, Strictly Ballroom, The Great Gatsby, And for

1731
01:20:44,720 --> 01:20:48,040
Speaker 3: some time many of the general public might have assumed

1732
01:20:48,080 --> 01:20:50,600
Speaker 3: that he was gay. But there's no real reason for

1733
01:20:50,720 --> 01:20:52,519
Speaker 3: why you may think that he's gay, apart from a

1734
01:20:52,560 --> 01:20:55,360
Speaker 3: love of fashion, big spectacles and an obsession obviously with

1735
01:20:55,479 --> 01:20:58,519
Speaker 3: Nicole Kidman. Anyway, Old Baz actually has been married to

1736
01:20:58,600 --> 01:21:01,080
Speaker 3: his wife and has creative collab Brada Catherine Martin for

1737
01:21:01,160 --> 01:21:03,599
Speaker 3: twenty nine years, and he gave us a very rare

1738
01:21:03,720 --> 01:21:06,920
Speaker 3: insight into his marriage in an interview, revealing more than

1739
01:21:06,960 --> 01:21:07,719
Speaker 3: he might have planned.

1740
01:21:08,400 --> 01:21:11,360
Speaker 28: My stuff is really camp and our relationship is well

1741
01:21:11,479 --> 01:21:14,880
Speaker 28: camp in one regard like I love her and if

1742
01:21:14,920 --> 01:21:16,920
Speaker 28: she was gone tomorrow, I don't know what I do.

1743
01:21:17,920 --> 01:21:23,320
Speaker 28: But we also are very distinctly different individuals. We understand

1744
01:21:23,400 --> 01:21:26,280
Speaker 28: each other. The relationship works in a way in which

1745
01:21:26,320 --> 01:21:29,759
Speaker 28: it works for us. It's not traditional in so many ways.

1746
01:21:30,320 --> 01:21:33,880
Speaker 28: My kids make lots of jokes about me. Sometimes they

1747
01:21:34,000 --> 01:21:35,000
Speaker 28: call me RuPaul.

1748
01:21:35,280 --> 01:21:39,680
Speaker 2: I mean, I don't know, just.

1749
01:21:41,960 --> 01:21:46,800
Speaker 3: Just there's a lot there. There is a lot there.

1750
01:21:47,880 --> 01:21:53,360
Speaker 3: So not casting us lesions, No one is. We're just fascinating,

1751
01:21:53,800 --> 01:21:57,639
Speaker 3: fascinating gnative. Cherinny is going to be with us next

1752
01:21:57,680 --> 01:22:00,439
Speaker 3: to talk about things which are far less festive but

1753
01:22:00,720 --> 01:22:04,680
Speaker 3: more important, probably money, she thinks quite dramatic with the

1754
01:22:04,720 --> 01:22:06,519
Speaker 3: Reserve Bank has proposed. And also I've got to talk

1755
01:22:06,560 --> 01:22:08,120
Speaker 3: to you about the people who've made with Gobi, what

1756
01:22:08,320 --> 01:22:12,559
Speaker 3: a story of a business just failing to execu say

1757
01:22:12,880 --> 01:22:13,280
Speaker 3: news is.

1758
01:22:13,320 --> 01:22:32,280
Speaker 1: Next, everything from SMEs to the big corporates. The Business

1759
01:22:32,360 --> 01:22:35,520
Speaker 1: Hour with head, the duper c Allen and Mas insurance

1760
01:22:35,560 --> 01:22:39,439
Speaker 1: and investments, your futures in good heads used talks, I'd

1761
01:22:39,520 --> 01:22:47,559
Speaker 1: be you know, Peter.

1762
01:22:47,520 --> 01:22:50,519
Speaker 3: Vanlson's story gets weirder than it already was, as if

1763
01:22:50,600 --> 01:22:52,920
Speaker 3: this couldn't get any weirder. So remember how I told

1764
01:22:52,920 --> 01:22:55,519
Speaker 3: you that he'd been released on bail at two in

1765
01:22:55,560 --> 01:22:57,519
Speaker 3: the morning to go back to his house. Turns out

1766
01:22:57,560 --> 01:23:01,680
Speaker 3: he then starts texting journalists for a briefing against the MET,

1767
01:23:02,160 --> 01:23:05,200
Speaker 3: and he's claiming that the Meat arrested him because somebody

1768
01:23:05,320 --> 01:23:06,840
Speaker 3: had told the MET that he was a flight risk

1769
01:23:06,880 --> 01:23:09,000
Speaker 3: and he was going to be escaping to the Virgin

1770
01:23:09,080 --> 01:23:11,280
Speaker 3: Islands British Virgin lines on. It's some weird. It was

1771
01:23:11,320 --> 01:23:14,600
Speaker 3: just it's a really odd young Gavin Gray will elucidate

1772
01:23:14,640 --> 01:23:16,280
Speaker 3: when he's with us in ten minutes time. Right now,

1773
01:23:16,280 --> 01:23:18,800
Speaker 3: it's twenty four away from seven now. The Reserve Bank's

1774
01:23:18,840 --> 01:23:20,880
Speaker 3: proposal to make banks set up possibly more than a

1775
01:23:20,960 --> 01:23:23,960
Speaker 3: thousand extra ATMs or sites for cash services has caught

1776
01:23:24,000 --> 01:23:27,200
Speaker 3: the interest of The Herald's Wellington business editor and genative

1777
01:23:27,280 --> 01:23:28,599
Speaker 3: Trainey is with us, hid.

1778
01:23:28,520 --> 01:23:30,280
Speaker 12: Day, Hi, Heather.

1779
01:23:30,880 --> 01:23:33,680
Speaker 3: When you crunch the numbers, it is quite wild what

1780
01:23:33,800 --> 01:23:34,760
Speaker 3: they may be forced to do.

1781
01:23:36,640 --> 01:23:37,200
Speaker 12: It's a lot.

1782
01:23:37,560 --> 01:23:41,920
Speaker 11: You know, the Reserve bankers really worried that banks aren't

1783
01:23:42,360 --> 01:23:45,040
Speaker 11: sort of upholding their end of the bargain by making

1784
01:23:45,560 --> 01:23:50,120
Speaker 11: cash services easily available to businesses and to people. So

1785
01:23:50,200 --> 01:23:52,320
Speaker 11: we're talking not just ATMs that you can get money

1786
01:23:52,360 --> 01:23:55,880
Speaker 11: out of, but also ATMs or bank branches where you

1787
01:23:55,920 --> 01:23:58,760
Speaker 11: can deposit money and change your your you know, change

1788
01:23:58,800 --> 01:24:00,720
Speaker 11: your coins for notes, that type of thing.

1789
01:24:01,400 --> 01:24:04,280
Speaker 12: So it's proposing requiring.

1790
01:24:03,840 --> 01:24:08,280
Speaker 11: Banks to set up an additional either between one thousand,

1791
01:24:08,360 --> 01:24:15,120
Speaker 11: three hundred and three thousand additional ATMs or like banking hubs,

1792
01:24:15,120 --> 01:24:17,400
Speaker 11: you know, where banks come together and office services. You know,

1793
01:24:17,400 --> 01:24:19,120
Speaker 11: it doesn't matter which bank customer you are, but you

1794
01:24:19,160 --> 01:24:19,680
Speaker 11: can you.

1795
01:24:19,680 --> 01:24:22,439
Speaker 12: Can use the services. I mean to me, that sounds

1796
01:24:22,479 --> 01:24:23,120
Speaker 12: like a lot, Heather.

1797
01:24:23,240 --> 01:24:26,320
Speaker 11: That's depending on how banks do it, but that could

1798
01:24:26,400 --> 01:24:29,720
Speaker 11: be more than doubling the number of sites that that

1799
01:24:29,880 --> 01:24:32,400
Speaker 11: bank set up that people can use to have their

1800
01:24:32,680 --> 01:24:33,960
Speaker 11: sort of cash needs met.

1801
01:24:34,800 --> 01:24:35,240
Speaker 12: It's a lot.

1802
01:24:35,400 --> 01:24:38,720
Speaker 3: So it is a lot. And this estimated cost of

1803
01:24:38,720 --> 01:24:40,920
Speaker 3: one hundred million dollars a year is that for the

1804
01:24:41,080 --> 01:24:43,680
Speaker 3: upper level, is that if they have to set up

1805
01:24:43,680 --> 01:24:45,160
Speaker 3: potentially three thousand.

1806
01:24:46,400 --> 01:24:47,880
Speaker 11: You know, I try to get a bit more info

1807
01:24:48,320 --> 01:24:50,599
Speaker 11: from the Reserve Bank on that today, and they didn't

1808
01:24:50,720 --> 01:24:53,479
Speaker 11: detail that number, but they said it was spread over time,

1809
01:24:53,720 --> 01:24:56,840
Speaker 11: so they think it'll cost one hundred million dollars across

1810
01:24:56,960 --> 01:24:58,880
Speaker 11: banks each year.

1811
01:24:59,280 --> 01:25:01,120
Speaker 12: I'm not sure for what time period.

1812
01:25:01,760 --> 01:25:04,160
Speaker 11: The question I asked was obviously it would cost more upfront,

1813
01:25:04,200 --> 01:25:05,720
Speaker 11: you know, to set the things up and then to

1814
01:25:05,840 --> 01:25:09,320
Speaker 11: run them, so I'm not entirely too sure. But the

1815
01:25:09,720 --> 01:25:11,680
Speaker 11: point here is that you know banks, so that the

1816
01:25:11,720 --> 01:25:12,760
Speaker 11: banking sector.

1817
01:25:12,479 --> 01:25:14,439
Speaker 12: Has come out and obviously they hate this idea.

1818
01:25:15,000 --> 01:25:18,439
Speaker 11: I think it's their words are extreme.

1819
01:25:18,360 --> 01:25:19,559
Speaker 12: And back to the future.

1820
01:25:20,040 --> 01:25:22,360
Speaker 11: And the banks say that they will certainly pass this

1821
01:25:22,479 --> 01:25:25,200
Speaker 11: cost on to customers, or the Banking Association at least

1822
01:25:25,240 --> 01:25:27,880
Speaker 11: says that. So the Reserve Bank acknowledges that, you know,

1823
01:25:27,960 --> 01:25:30,840
Speaker 11: we might end up paying, but it thinks the cost

1824
01:25:30,920 --> 01:25:35,320
Speaker 11: will be negligible, and you know, given how much the

1825
01:25:35,600 --> 01:25:38,960
Speaker 11: profits are that banks make. But banks are pushing back,

1826
01:25:39,000 --> 01:25:40,760
Speaker 11: and I think probably quite a clever way for them

1827
01:25:40,800 --> 01:25:43,680
Speaker 11: to push back is to say, you make us do this,

1828
01:25:44,560 --> 01:25:45,320
Speaker 11: kiwis will pay.

1829
01:25:45,439 --> 01:25:49,360
Speaker 3: Yeah, I mean so apparently why Reserve Bank seems unfazed

1830
01:25:49,360 --> 01:25:51,519
Speaker 3: by how much we'd end up paying is because it's

1831
01:25:51,560 --> 01:25:54,360
Speaker 3: less than two basis points right, so and that is negligible.

1832
01:25:54,680 --> 01:25:58,080
Speaker 3: The problem, though, Jinay, is that it's the cost of this,

1833
01:25:58,280 --> 01:26:00,439
Speaker 3: it's the cost of the capital requirements that like all

1834
01:26:00,520 --> 01:26:02,519
Speaker 3: of this stuff is adding up from the Reserve Bank

1835
01:26:02,560 --> 01:26:05,240
Speaker 3: to I suspect actually be a fair whack that we're

1836
01:26:05,320 --> 01:26:07,760
Speaker 3: having to pay over and above, for example, what the

1837
01:26:07,800 --> 01:26:11,120
Speaker 3: Australians having to pay in order for retail banks here

1838
01:26:11,160 --> 01:26:12,559
Speaker 3: to comply with the Reserve Bank.

1839
01:26:14,080 --> 01:26:16,280
Speaker 12: Yeah, you know, it seems like there is an issue here.

1840
01:26:16,360 --> 01:26:19,080
Speaker 11: You know, if you are in a rural part of

1841
01:26:19,160 --> 01:26:22,559
Speaker 11: New Zealand and you have a business and you get

1842
01:26:22,560 --> 01:26:24,200
Speaker 11: your money from your customers and then you have to

1843
01:26:24,439 --> 01:26:26,920
Speaker 11: shut your shop early and drive, you know, for an

1844
01:26:26,960 --> 01:26:28,559
Speaker 11: hour to get to the bank to deposit your money,

1845
01:26:28,600 --> 01:26:30,640
Speaker 11: I get it. That must be a problem. Or for

1846
01:26:31,680 --> 01:26:34,800
Speaker 11: people in a natural disaster when all the services are

1847
01:26:34,840 --> 01:26:37,560
Speaker 11: cut like in cycling Gabriel and then we need to

1848
01:26:37,720 --> 01:26:38,320
Speaker 11: use cash.

1849
01:26:38,720 --> 01:26:39,840
Speaker 12: I get that it's an issue.

1850
01:26:40,120 --> 01:26:42,200
Speaker 11: The question I have for the Reserve Bank is its

1851
01:26:42,320 --> 01:26:47,400
Speaker 11: proposed response proportionate And in my very humble opinion, it

1852
01:26:47,520 --> 01:26:51,600
Speaker 11: is entirely disproportionate what they're asking. And you know that

1853
01:26:51,680 --> 01:26:53,479
Speaker 11: there are a few strands of work here, because I

1854
01:26:53,520 --> 01:26:55,960
Speaker 11: think banks could probably fairly say, okay, so now you

1855
01:26:56,000 --> 01:26:58,560
Speaker 11: want us to set up all these additional ATMs and

1856
01:26:58,640 --> 01:27:02,720
Speaker 11: banking hubs. The same time the government is getting us

1857
01:27:02,800 --> 01:27:06,360
Speaker 11: to do open banking, so that means to share banks

1858
01:27:06,479 --> 01:27:10,439
Speaker 11: data with financial technology firms so that they can do

1859
01:27:10,560 --> 01:27:14,760
Speaker 11: their kind of cool tech stuff to so that we

1860
01:27:14,880 --> 01:27:17,960
Speaker 11: can do payments in digital ways for cheaper. So that's

1861
01:27:17,960 --> 01:27:21,760
Speaker 11: another strand of work that banks are being pushed to

1862
01:27:21,880 --> 01:27:26,400
Speaker 11: do in order to enhance competition make payments cheaper for customers.

1863
01:27:26,840 --> 01:27:28,720
Speaker 11: So it's just it's a lot, and I think the

1864
01:27:28,760 --> 01:27:31,000
Speaker 11: Reserve Bank would probably say, well, you can't just focus

1865
01:27:31,080 --> 01:27:35,439
Speaker 11: on one. They reckon, we'll always need cash, and in

1866
01:27:35,560 --> 01:27:38,200
Speaker 11: the Reserve banks view, the banks need a massive push

1867
01:27:38,720 --> 01:27:41,840
Speaker 11: to service those customers because they reckon they won't just

1868
01:27:41,920 --> 01:27:42,679
Speaker 11: do it by themselves.

1869
01:27:42,800 --> 01:27:44,760
Speaker 3: Yeah, you know, that is a fascinating debate. I think

1870
01:27:44,800 --> 01:27:47,000
Speaker 3: that's opening up here. Thank you for that genative trainee.

1871
01:27:47,000 --> 01:27:50,080
Speaker 3: The Herald's Wellington Business edit A twenty away from.

1872
01:27:49,960 --> 01:27:52,120
Speaker 2: Seven Heather do for cellens.

1873
01:27:52,280 --> 01:27:55,160
Speaker 3: So bad news for the guys who make with gov.

1874
01:27:55,320 --> 01:27:58,200
Speaker 3: This is Novo Nordisk. Now they have trialed a new

1875
01:27:58,280 --> 01:28:01,920
Speaker 3: weight loss drug which is called kagri Sema kagary seema,

1876
01:28:02,200 --> 01:28:04,800
Speaker 3: because they've got the Wigovi, they've got the AZEMPK, they've

1877
01:28:04,840 --> 01:28:06,320
Speaker 3: got the one that's coming out in the pill form,

1878
01:28:06,360 --> 01:28:08,280
Speaker 3: and kagari Sema is one of these ones that they

1879
01:28:08,320 --> 01:28:10,320
Speaker 3: want to hit the market with. But it's not even

1880
01:28:10,400 --> 01:28:11,760
Speaker 3: hit the market yet, is there just on the trial

1881
01:28:11,880 --> 01:28:15,640
Speaker 3: already labeled obsolete because it hasn't performed as well as

1882
01:28:15,680 --> 01:28:18,720
Speaker 3: the drugs from the rival company Eli Lilly, which is

1883
01:28:18,800 --> 01:28:21,639
Speaker 3: basically leading the pack at the moment. According to the trial,

1884
01:28:22,040 --> 01:28:24,040
Speaker 3: people who were treated with the standard dose of this

1885
01:28:24,160 --> 01:28:28,320
Speaker 3: kagari seema lost about twenty point zero twenty point two

1886
01:28:28,720 --> 01:28:33,719
Speaker 3: percent of their weight. Right but Lily's Lili's comparative drugs,

1887
01:28:33,800 --> 01:28:36,599
Speaker 3: a similar drug, they lost twenty three point six percent

1888
01:28:36,720 --> 01:28:39,080
Speaker 3: of their weight. Now, twenty three point six percent is

1889
01:28:39,160 --> 01:28:41,759
Speaker 3: considerably more than basically twenty percent, and as a result

1890
01:28:41,840 --> 01:28:44,800
Speaker 3: of that, no one's interested in kagary sema. Novo's shares

1891
01:28:44,840 --> 01:28:47,559
Speaker 3: have dived more than sixteen percent on this news. They

1892
01:28:47,600 --> 01:28:49,920
Speaker 3: are trading now at levels that were last seen in

1893
01:28:50,040 --> 01:28:54,599
Speaker 3: twenty twenty one, which is before ozempic and we're gov

1894
01:28:54,680 --> 01:28:56,880
Speaker 3: hit the market now. Think about that, right, because Novo

1895
01:28:57,479 --> 01:28:59,840
Speaker 3: Nova was another business out there. Then it was the

1896
01:29:00,120 --> 01:29:03,680
Speaker 3: darling of this of thet GLP one craze. Then it

1897
01:29:03,800 --> 01:29:07,559
Speaker 3: was suddenly like this enormous thing that was happening. It's

1898
01:29:07,640 --> 01:29:09,479
Speaker 3: now back to where it was before that the whole

1899
01:29:09,560 --> 01:29:11,559
Speaker 3: thing has just been wiped out. It's like it didn't happen.

1900
01:29:12,240 --> 01:29:16,120
Speaker 3: What's interesting about this, also side note on this, is

1901
01:29:16,200 --> 01:29:18,960
Speaker 3: that typically because we've all assumed, I mean I've assumed

1902
01:29:18,960 --> 01:29:20,320
Speaker 3: that people would have to be on this for life,

1903
01:29:20,400 --> 01:29:22,560
Speaker 3: but actually what's happening. What they're finding in Australia is

1904
01:29:22,600 --> 01:29:25,000
Speaker 3: people are taking it for three months and then they're

1905
01:29:25,040 --> 01:29:27,519
Speaker 3: coming off it, and then they're just seeing how they fare.

1906
01:29:27,800 --> 01:29:29,760
Speaker 3: I'm quite interested to see how they fare because the

1907
01:29:31,600 --> 01:29:34,320
Speaker 3: research that I've seen suggests that within about fourteen months,

1908
01:29:34,720 --> 01:29:36,000
Speaker 3: if you come off it, you're as fat as you

1909
01:29:36,040 --> 01:29:38,240
Speaker 3: were beforehand. Right, you probably don't even have the muscle

1910
01:29:38,280 --> 01:29:39,800
Speaker 3: mass now, so you're probably in a worse state than

1911
01:29:39,840 --> 01:29:43,400
Speaker 3: you were beforehand. But everything just gets unwound in fourteen months,

1912
01:29:43,400 --> 01:29:46,200
Speaker 3: which funnily enough, is not too dissimilar to the story

1913
01:29:46,240 --> 01:29:47,000
Speaker 3: of Novau, is it.

1914
01:29:47,760 --> 01:29:47,920
Speaker 14: Now?

1915
01:29:48,760 --> 01:29:51,760
Speaker 3: I got to warn you because I anyway park that

1916
01:29:51,800 --> 01:29:53,000
Speaker 3: want to keep an eye on it, because that one's

1917
01:29:53,000 --> 01:29:54,320
Speaker 3: gonna be interesting. I've got to warn you about these

1918
01:29:54,400 --> 01:29:57,559
Speaker 3: robotic vacuum clean as everybody's getting into at the moment.

1919
01:29:57,960 --> 01:30:00,360
Speaker 3: If you've got and it's not just the robotic robotic

1920
01:30:00,439 --> 01:30:02,920
Speaker 3: vacuum cleaners, it's basically anything in your house that that is,

1921
01:30:03,080 --> 01:30:05,360
Speaker 3: you know along these lines, like a smart device like

1922
01:30:05,439 --> 01:30:10,280
Speaker 3: a baby monitor, yeah, conditioning, yeah, your locks, your cameras,

1923
01:30:10,360 --> 01:30:13,479
Speaker 3: that yet, security whatever, whatever. There's a guy in Spain

1924
01:30:13,680 --> 01:30:16,519
Speaker 3: who recently bought a new vacuum cleaner. It was the

1925
01:30:16,640 --> 01:30:20,639
Speaker 3: Dji Romo vacuum cleaner. And because he's a software engineer,

1926
01:30:20,720 --> 01:30:22,280
Speaker 3: he kind of knows what he's doing, and he tried

1927
01:30:22,320 --> 01:30:25,120
Speaker 3: to reverse engineer this robo robotic cleaner so that he

1928
01:30:25,160 --> 01:30:28,160
Speaker 3: could control it with his PlayStation five game pad. What

1929
01:30:28,400 --> 01:30:30,479
Speaker 3: he did it, he did it successfully, and then what

1930
01:30:30,600 --> 01:30:33,400
Speaker 3: he discovered was not only was his game pad communicating

1931
01:30:33,680 --> 01:30:35,960
Speaker 3: with the one vacuum cleaner when he was going through

1932
01:30:36,000 --> 01:30:38,000
Speaker 3: the service, it wasn't just the one vacuum his vacuum

1933
01:30:38,000 --> 01:30:42,280
Speaker 3: cleaner replying seven thousand vacuum cleaners around the world all

1934
01:30:42,400 --> 01:30:45,800
Speaker 3: started replying treated him, treating him like like their boss.

1935
01:30:46,240 --> 01:30:49,719
Speaker 3: He could look through the live feeds the cameras live feeds.

1936
01:30:49,760 --> 01:30:52,040
Speaker 3: He could listen to what the cameras were here, what

1937
01:30:52,080 --> 01:30:54,320
Speaker 3: the cameras were hearing on these vacuum cleaners. He got

1938
01:30:54,360 --> 01:30:57,160
Speaker 3: more than one hundred thousand messages from the devices. He

1939
01:30:57,240 --> 01:30:59,560
Speaker 3: could even find what their IP addresses were, so he

1940
01:30:59,600 --> 01:31:02,439
Speaker 3: could fit are out roughly where in the world these

1941
01:31:02,520 --> 01:31:05,240
Speaker 3: cameras are these robotic devices which you can take it

1942
01:31:05,280 --> 01:31:07,840
Speaker 3: to its logical conclusion. He's looking through the camera. He

1943
01:31:07,920 --> 01:31:09,120
Speaker 3: can go to the house. It can be like, oh,

1944
01:31:09,160 --> 01:31:11,000
Speaker 3: I quite like the look of that one. That house

1945
01:31:11,040 --> 01:31:12,720
Speaker 3: looks cool, look at that good stuff in that house,

1946
01:31:12,720 --> 01:31:15,000
Speaker 3: and go find the house, find the IP address, find

1947
01:31:15,000 --> 01:31:17,439
Speaker 3: where it is. Anyway, he warned the company because he

1948
01:31:17,560 --> 01:31:20,000
Speaker 3: wasn't trying to do this deliberately. This is just incidental

1949
01:31:20,080 --> 01:31:21,720
Speaker 3: to what he was doing, He warned the company. But

1950
01:31:21,840 --> 01:31:23,680
Speaker 3: the lesson here is for us all to be very

1951
01:31:23,760 --> 01:31:25,720
Speaker 3: careful about the devices that we have in our house,

1952
01:31:25,800 --> 01:31:29,800
Speaker 3: including the robotic vacuum cleaners. Sixteen away from seven.

1953
01:31:30,880 --> 01:31:33,560
Speaker 2: Ever, it's to do with money. It matters to you.

1954
01:31:34,040 --> 01:31:38,080
Speaker 2: The Business Hour with Heather Duplicy, Allen and Mas Insurance

1955
01:31:38,160 --> 01:31:42,080
Speaker 2: and Investments, Your futures in good hands. News talks.

1956
01:31:42,120 --> 01:31:44,320
Speaker 3: That'd be Heather. I can't think of a single New

1957
01:31:44,400 --> 01:31:47,280
Speaker 3: Zealander who wouldn't want more ATMs and cash availability. It's

1958
01:31:47,320 --> 01:31:49,720
Speaker 3: great news, Jonathan. It is great news, but like all

1959
01:31:49,800 --> 01:31:52,040
Speaker 3: great things, someone's got to pay for it. That's going

1960
01:31:52,080 --> 01:31:54,960
Speaker 3: to be you and me. Is it worth it? Thirteen

1961
01:31:55,000 --> 01:31:58,040
Speaker 3: Away from seven Gavin Gray UK correspondence with us ELLO. Gavin,

1962
01:31:58,920 --> 01:32:03,080
Speaker 3: I had this claim from Peter Mandelsson that somebody took

1963
01:32:03,120 --> 01:32:05,640
Speaker 3: the met that he was going to flee. Is this

1964
01:32:05,760 --> 01:32:06,120
Speaker 3: for real?

1965
01:32:07,560 --> 01:32:07,760
Speaker 15: Yes?

1966
01:32:08,120 --> 01:32:11,680
Speaker 29: I mean I think the suggestion was that he had

1967
01:32:11,760 --> 01:32:14,400
Speaker 29: already agreed with the police that he was going to

1968
01:32:14,479 --> 01:32:18,800
Speaker 29: attend an interview with them next month on a voluntary basis. Then,

1969
01:32:18,880 --> 01:32:21,000
Speaker 29: of course the next thing we see is that the

1970
01:32:21,560 --> 01:32:25,000
Speaker 29: media managed to capture the moment at which he's actually arrested,

1971
01:32:25,200 --> 01:32:29,200
Speaker 29: and of course then returned home after some twelve hours

1972
01:32:30,080 --> 01:32:32,439
Speaker 29: or nine hours really, I suppose my maths is missing

1973
01:32:33,000 --> 01:32:37,200
Speaker 29: some nine hours later, released on bail with the investigation continuing,

1974
01:32:37,479 --> 01:32:40,479
Speaker 29: and taken home roughly two am in the morning. And

1975
01:32:40,600 --> 01:32:43,560
Speaker 29: what is solicitous are saying? Look, this was a baseless

1976
01:32:43,560 --> 01:32:45,960
Speaker 29: suggestion he was planning to leave the country and to

1977
01:32:46,040 --> 01:32:49,799
Speaker 29: take up residents abroad. There's no truth in suggestion anyway,

1978
01:32:50,080 --> 01:32:53,080
Speaker 29: and why the police acted this way is something that

1979
01:32:53,200 --> 01:32:55,760
Speaker 29: we want answered. This, of course all relates to the

1980
01:32:55,840 --> 01:33:00,439
Speaker 29: Epstein files. Lord Peter Mandelsson was the sact was the

1981
01:33:00,640 --> 01:33:02,280
Speaker 29: UK ambassador to the US.

1982
01:33:02,400 --> 01:33:03,040
Speaker 3: He was sacked.

1983
01:33:03,280 --> 01:33:06,280
Speaker 29: He twice had to resign from government under Tony Blair,

1984
01:33:07,000 --> 01:33:11,200
Speaker 29: and this after his connections to Jeffrey Epstein. And that charge,

1985
01:33:11,280 --> 01:33:15,480
Speaker 29: that same allegation, should I say, no charge, same allegation

1986
01:33:15,640 --> 01:33:18,600
Speaker 29: against him, that of misconduct in public office, is the

1987
01:33:18,760 --> 01:33:21,360
Speaker 29: very same one that Andrew mount Batten Windsor faces.

1988
01:33:21,640 --> 01:33:23,479
Speaker 3: Why is it that the cops turned up with body

1989
01:33:23,520 --> 01:33:25,280
Speaker 3: cams and that seems excessive, doesn't it?

1990
01:33:26,800 --> 01:33:29,680
Speaker 29: The police in London where body cams as a matter now,

1991
01:33:29,840 --> 01:33:33,960
Speaker 29: of course they've wielded out because so often people say

1992
01:33:34,080 --> 01:33:36,719
Speaker 29: you did this, and the police had to then hold

1993
01:33:36,760 --> 01:33:40,160
Speaker 29: an investigation. It is meant to be away in which

1994
01:33:40,280 --> 01:33:42,920
Speaker 29: that kind of argument stops going to court.

1995
01:33:43,280 --> 01:33:45,559
Speaker 3: What do you make of the assertion that he has

1996
01:33:45,640 --> 01:33:49,719
Speaker 3: made that somebody had essentially orchestrated his arrest.

1997
01:33:51,800 --> 01:33:54,519
Speaker 29: Well, you know, this is a man under huge pressure

1998
01:33:55,000 --> 01:33:58,280
Speaker 29: at the moment. The allegation is that he gave information

1999
01:33:58,760 --> 01:34:01,880
Speaker 29: that was confidential of out the British government's plans to

2000
01:34:02,120 --> 01:34:05,439
Speaker 29: Jeffrey Epstein via email, very similar to the one with

2001
01:34:05,560 --> 01:34:07,880
Speaker 29: Prince Andrew, and of course that money could be made

2002
01:34:07,920 --> 01:34:10,840
Speaker 29: out of knowing what was going to happen. In one

2003
01:34:10,880 --> 01:34:15,120
Speaker 29: of them, it's appearing to suggest and discuss that he

2004
01:34:15,320 --> 01:34:18,880
Speaker 29: said that the tax on bankers bonuses was being discussed

2005
01:34:19,560 --> 01:34:22,960
Speaker 29: with the government, and also on a separate thing, appeared

2006
01:34:23,000 --> 01:34:25,560
Speaker 29: to confirm there was an imminent bailout package for the

2007
01:34:25,640 --> 01:34:27,720
Speaker 29: euro on the day before it was announced back in

2008
01:34:27,840 --> 01:34:30,760
Speaker 29: twenty ten. Both those pieces of information would have been

2009
01:34:30,960 --> 01:34:34,360
Speaker 29: very useful the people in the right places, and it

2010
01:34:34,479 --> 01:34:37,439
Speaker 29: said that Jeffrey Epstein knew those people in the right places.

2011
01:34:37,800 --> 01:34:39,920
Speaker 29: So that is why this is so serious and that

2012
01:34:40,120 --> 01:34:43,120
Speaker 29: is why it is all over our newspapers today.

2013
01:34:43,200 --> 01:34:45,439
Speaker 3: Yeah, I can quite believe that. Now, why is it

2014
01:34:45,520 --> 01:34:47,800
Speaker 3: that the director of the LOUVER has only quick now?

2015
01:34:49,160 --> 01:34:50,200
Speaker 2: Yeah, good question.

2016
01:34:50,360 --> 01:34:52,720
Speaker 29: I think a lot of people think that what have

2017
01:34:52,800 --> 01:34:55,960
Speaker 29: we had. We've had, of course, the massive, very high

2018
01:34:56,080 --> 01:34:59,839
Speaker 29: profile daylight robbery of the Crown Jaws back in October

2019
01:35:00,200 --> 01:35:03,519
Speaker 29: last year. You'll remember that thieves used to stolen vehicle

2020
01:35:03,600 --> 01:35:06,800
Speaker 29: mounted mechanical lift to gain access to the museum from

2021
01:35:06,840 --> 01:35:09,320
Speaker 29: a balcony close to the river. Sine made off with

2022
01:35:09,479 --> 01:35:14,720
Speaker 29: some one hundred and seventy million New Zealand dollars worth

2023
01:35:14,760 --> 01:35:18,360
Speaker 29: of jewelry, it is estibated. Since then, the museum has

2024
01:35:18,400 --> 01:35:22,120
Speaker 29: also had a scandal involved in a suspected ticket fraud

2025
01:35:22,200 --> 01:35:27,280
Speaker 29: scheme where tickets were being recycled, particularly to Chinese tourists,

2026
01:35:27,320 --> 01:35:30,639
Speaker 29: and the money was being taken by those in the gang.

2027
01:35:31,000 --> 01:35:34,200
Speaker 29: And also we've had two water leaks at the Louver

2028
01:35:34,320 --> 01:35:36,960
Speaker 29: as well. So yes, plenty of people thinking that actually

2029
01:35:37,439 --> 01:35:41,000
Speaker 29: Laurence Descar should have submitted their resignation much earlier, but

2030
01:35:41,560 --> 01:35:45,800
Speaker 29: she finally has. President Emmanuel Macron praised her decision, saying

2031
01:35:46,400 --> 01:35:47,120
Speaker 29: at the time that.

2032
01:35:49,040 --> 01:35:50,600
Speaker 17: The museum needed calm.

2033
01:35:50,400 --> 01:35:54,320
Speaker 29: And strong new impetus to successfully carry out major improvements

2034
01:35:54,400 --> 01:35:59,360
Speaker 29: involving security and modernization. But by and Lars, the confidence

2035
01:35:59,439 --> 01:36:03,120
Speaker 29: I think in the lou for housing priceless artworks has

2036
01:36:03,200 --> 01:36:04,840
Speaker 29: really plummeted these last few months.

2037
01:36:04,920 --> 01:36:06,360
Speaker 3: Gavin's good to talk to us, Always to talk to

2038
01:36:06,400 --> 01:36:10,080
Speaker 3: you on Friday, Gavin Gray, UK correspondent, And apparently this

2039
01:36:10,240 --> 01:36:12,400
Speaker 3: is weird over in Australia, but Apparently women are rushing

2040
01:36:12,479 --> 01:36:15,080
Speaker 3: to get firearms training at the moment so that they

2041
01:36:15,080 --> 01:36:18,600
Speaker 3: can get gun licenses. And the reason is because the

2042
01:36:18,680 --> 01:36:21,760
Speaker 3: Australian government after the bond Di massacre, passed the law

2043
01:36:21,920 --> 01:36:24,360
Speaker 3: capping the number of guns that any one person could have.

2044
01:36:24,880 --> 01:36:26,760
Speaker 3: So what the women are clearly thinking is if they

2045
01:36:26,840 --> 01:36:29,760
Speaker 3: go and get gun licenses, then the number of guns

2046
01:36:29,840 --> 01:36:32,120
Speaker 3: in the house can double because the partner can keep

2047
01:36:32,160 --> 01:36:34,560
Speaker 3: his guns, she can get some well, she can she

2048
01:36:34,680 --> 01:36:36,880
Speaker 3: can get permission to have some guns, take some guns

2049
01:36:36,920 --> 01:36:38,160
Speaker 3: off them. In that way, you won't have to lose

2050
01:36:38,200 --> 01:36:41,120
Speaker 3: his guns. Two people, double the guns. Yeah, eight away

2051
01:36:41,160 --> 01:36:41,639
Speaker 3: from seven.

2052
01:36:43,640 --> 01:36:46,200
Speaker 1: It's the Heather Too per se Alan Drive Full Show

2053
01:36:46,320 --> 01:36:49,800
Speaker 1: podcast on iHeartRadio powered by News Talk ZBI.

2054
01:36:52,280 --> 01:36:54,200
Speaker 3: Heather, look what you've just been talking about? Drugs for

2055
01:36:54,240 --> 01:36:56,960
Speaker 3: fat people and robotic vacuum cleans. No wonder we're in trouble.

2056
01:36:56,960 --> 01:37:02,360
Speaker 3: We're so lazy were where? I mean, I would mount

2057
01:37:02,400 --> 01:37:04,840
Speaker 3: the argument, I mean, the drugs, the drugs thing fair enough,

2058
01:37:04,880 --> 01:37:07,879
Speaker 3: but but I would mount the argument that robotic vacuum

2059
01:37:07,920 --> 01:37:10,200
Speaker 3: cleaners is not a sign of laziness because the only

2060
01:37:10,280 --> 01:37:12,479
Speaker 3: reason that you've got a robotic vacuum cleaner is because

2061
01:37:12,479 --> 01:37:14,400
Speaker 3: you're busy doing something else, so you're just being more

2062
01:37:14,439 --> 01:37:16,439
Speaker 3: productive as a human being, Like, there's no point cleaning

2063
01:37:16,479 --> 01:37:18,640
Speaker 3: your house if you could get like, why would you

2064
01:37:18,680 --> 01:37:20,880
Speaker 3: clean your house if you could go out and earn

2065
01:37:21,200 --> 01:37:23,080
Speaker 3: thirty dollars an hour or whatever? Do you know what

2066
01:37:23,120 --> 01:37:24,519
Speaker 3: I mean that? That's actually quite smart.

2067
01:37:24,640 --> 01:37:26,840
Speaker 6: I'm into the side exactly here. The lazy is such

2068
01:37:26,840 --> 01:37:29,640
Speaker 6: an ugly word. It's efficiency for all that efficiency. You know,

2069
01:37:29,680 --> 01:37:31,280
Speaker 6: we want to lose weight efficiently, we want to clean

2070
01:37:31,320 --> 01:37:31,960
Speaker 6: the house efficiently.

2071
01:37:32,320 --> 01:37:34,680
Speaker 3: See you, if you if you ever feel like you're

2072
01:37:34,680 --> 01:37:36,280
Speaker 3: losing an argument, you just get ants to help you

2073
01:37:36,320 --> 01:37:37,760
Speaker 3: with an answer, goes, I've got a good one for you.

2074
01:37:37,960 --> 01:37:40,800
Speaker 6: I would definitely be sitting on the couch or did all.

2075
01:37:40,680 --> 01:37:43,000
Speaker 3: The work you would. Hey, it's by the way, it's

2076
01:37:43,040 --> 01:37:44,960
Speaker 3: got worse for the for the BBC with read the

2077
01:37:45,000 --> 01:37:47,080
Speaker 3: swearing at the Baptist today. It now turns out that

2078
01:37:47,120 --> 01:37:49,519
Speaker 3: the BBC may have been warned, but it was in

2079
01:37:49,640 --> 01:37:53,080
Speaker 3: there because the studio Warner Brothers reacted immediately when they

2080
01:37:53,160 --> 01:37:55,040
Speaker 3: heard it, because it was their actors who were up

2081
01:37:55,560 --> 01:37:57,880
Speaker 3: for their film up on stage when the N word

2082
01:37:58,000 --> 01:38:01,320
Speaker 3: was yelled out. Executives immediately raised the issue with BAFTA.

2083
01:38:01,640 --> 01:38:03,920
Speaker 3: They requested the word be removed from the Tally cast,

2084
01:38:03,960 --> 01:38:06,839
Speaker 3: which airs two hours after the live event. BAFTA assured

2085
01:38:06,880 --> 01:38:08,960
Speaker 3: them the request would be passed onto the BBC, and

2086
01:38:09,000 --> 01:38:11,200
Speaker 3: the BBC are refusing to answer questions about it. What

2087
01:38:11,240 --> 01:38:13,479
Speaker 3: did I say the rule of thumbers before? If you

2088
01:38:13,600 --> 01:38:16,200
Speaker 3: don't deny it, I'm gonna assume it's true.

2089
01:38:16,720 --> 01:38:19,719
Speaker 6: Ants opolite by Taylor Swift to play us out tonight.

2090
01:38:19,760 --> 01:38:21,519
Speaker 6: So the music video for this song came out a

2091
01:38:21,560 --> 01:38:23,560
Speaker 6: couple of weeks ago, and it turns out one of

2092
01:38:23,640 --> 01:38:26,160
Speaker 6: the guys in it didn't actually know who Taylor Swift

2093
01:38:26,360 --> 01:38:28,000
Speaker 6: was until the music yeah came on.

2094
01:38:28,080 --> 01:38:28,280
Speaker 5: No Na.

2095
01:38:28,360 --> 01:38:31,280
Speaker 6: So he's eighty three years old, he's from Kent and

2096
01:38:31,600 --> 01:38:33,559
Speaker 6: he's just worth an acting and modeling agency. So they

2097
01:38:33,640 --> 01:38:34,920
Speaker 6: just they call him up and they say, hey, mate,

2098
01:38:34,920 --> 01:38:36,519
Speaker 6: we got to your Joe in a music video. Show

2099
01:38:36,600 --> 01:38:38,400
Speaker 6: up at this time, at this shed or whatever it is,

2100
01:38:38,479 --> 01:38:39,920
Speaker 6: and you know you can be in the music video.

2101
01:38:40,160 --> 01:38:42,080
Speaker 6: And then afterwards he looked up who it was and

2102
01:38:42,160 --> 01:38:45,160
Speaker 6: his granddaughter said, oh, that's Taylor our grandad, that's Taylor Swift.

2103
01:38:45,200 --> 01:38:46,920
Speaker 6: And he's like, who's that? But yeah, now he knows

2104
01:38:46,960 --> 01:38:48,840
Speaker 6: who she is and presumably got a good payment for

2105
01:38:48,880 --> 01:38:49,160
Speaker 6: the work.

2106
01:38:49,800 --> 01:38:53,479
Speaker 3: Cheeses and the grandchild would be like, where's my signed album?

2107
01:38:53,840 --> 01:38:56,800
Speaker 3: Why didn't you take me to this one? I just

2108
01:38:56,920 --> 01:38:58,400
Speaker 3: love generational problems like that.

2109
01:38:58,720 --> 01:38:59,920
Speaker 6: I'm often the one at the butt of it.

2110
01:39:00,200 --> 01:39:02,479
Speaker 3: Anyway, I'll see you tomorrow. You look after yourself. These talks,

2111
01:39:02,479 --> 01:39:09,840
Speaker 3: it'd be Don't just swear Baby

2112
01:39:42,840 --> 01:39:46,000
Speaker 1: For more from Hither Duplessy Allen Drive, Listen live to

2113
01:39:46,120 --> 01:39:49,120
Speaker 1: news talks it'd be from four pm weekdays, or follow

2114
01:39:49,200 --> 01:39:50,920
Speaker 1: the podcast on iHeartRadio.