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Speaker 1: Pressing the newspakers to get the real story.

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Speaker 2: It's Heather duplicy Ellen drive with one New Zealand, let's

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Speaker 2: get connected news Talk said.

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Speaker 3: Be.

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Speaker 4: Hey, good afternoon, welcome to the program. So today we're

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Speaker 4: going to talk to developer David Whitburn about Chris Bishop's

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Speaker 4: plan to flood cities with housing. Henry Ulster Olson, who's

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Speaker 4: an American Polster, is going to give us the latest

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Speaker 4: on Biden and I'll tell you what, there's quite a

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Speaker 4: lot to get you across in the last twenty four hours.

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Speaker 4: And Consumer New Zealand wants a full ban on sun beds.

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Speaker 1: Heather due tolic Ellen's So it looks.

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Speaker 4: Like we are going to finally give in and allow

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Speaker 4: shoebox apartments in New Zealand. This is part of Chris

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Speaker 4: Bishop's plan to flood the country with houses. This morning

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Speaker 4: he announced a whole raft of changes that are designed

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Speaker 4: to make houses more affordable. And one of those changes

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Speaker 4: is that he's going to remove any requirements for how

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Speaker 4: big an apartment must be and also how big the

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Speaker 4: balcony of that apartment must be. He reckons that back

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Speaker 4: in around about twenty fifteen or thereabouts, when Auckland Council

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Speaker 4: changed the balcony sized restrictions at push the price of

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Speaker 4: apartments in the city up by forty to seventy thousand

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Speaker 4: dollars each. That's a lot of money. That is a

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Speaker 4: lot of money to pay just so you got a

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Speaker 4: little bit extra space on the old balcony. So I think,

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Speaker 4: actually it's a good call from him and it's about

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Speaker 4: time that we got on board with this. The very,

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Speaker 4: very first property that I ever put to my name

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Speaker 4: was a tiny, tiny apartment. The bedrooms were so small

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Speaker 4: in the apartment you could fit in. You could just

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Speaker 4: put in a double bed and there was just enough

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Speaker 4: space around the double bed for you to be able

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Speaker 4: to walk around, but your one shoulder would be touching

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Speaker 4: the wall. That's how cramped it was. I didn't have

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Speaker 4: space for a dining table, so I took a bed

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Speaker 4: out of a bedroom, put the dining table in there,

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Speaker 4: and you could just get the chairs out from under

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Speaker 4: the dining table without them hitting the walls. It was

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Speaker 4: that tiny, but it was what I wanted, which was

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Speaker 4: a place that I could afford to buy in the

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Speaker 4: middle of the city. And by the end, I have

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Speaker 4: to be honest. By the end of living there, I

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Speaker 4: was embarrassed by how tiny it was, and mainly because

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Speaker 4: somebody had come around and they were drunk and they said,

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Speaker 4: you shouldn't be living in a place this small, and

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Speaker 4: it kind of pointed out to me how small it

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Speaker 4: wasn't After that, I just couldn't get over it. So

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Speaker 4: when I could afford to, I just sold it and

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Speaker 4: moved on to another place. But at the time that

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Speaker 4: I bought it, it was perfect, and frankly I couldn't

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Speaker 4: afford much more, and it got me onto the property ladder. Now,

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Speaker 4: shoebox apartments I give you are not ideal, okay, But

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Speaker 4: then renting because you cannot afford to buy, that's even

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Speaker 4: less ideal than living in a shoebox apartment. Yes, there

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Speaker 4: will be developers who will take the mickey with how

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Speaker 4: small they go. Yes, these kinds of apartments are often

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Speaker 4: an eyesore to everyone else who has to look at

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Speaker 4: the bloody thing. But frankly, our priority has got to

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Speaker 4: be something else now right. It has got to be

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Speaker 4: getting people into their own homes, however small those homes are.

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Speaker 4: We have got to accept that we've got a housing crisis.

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Speaker 4: We have got to accept it. It is not good for

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Speaker 4: younger generations to feel like they're locked out of home

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Speaker 4: ownership and not be able to see a future for

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Speaker 4: them to be able to buy their own homes. And

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Speaker 4: if they want to live in a small space because

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Speaker 4: it's all they can afford, why would we prevent that?

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Speaker 2: The name you trust to get the answers you need

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Speaker 2: the dup to see Allen drive with one New Zealand

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Speaker 2: let's get connected and new s talk because z'd.

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Speaker 4: Be We're going to speak to a developer about it.

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Speaker 4: Alf the five o'clock stand by for that now. A

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Speaker 4: defiant Joe Biden has ruled out any talk of dropping

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Speaker 4: out of the presidential race after his troubling debate performance.

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Speaker 4: In response to a New York Times story that suggested

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Speaker 4: he's weighing up his options, the president stated that no

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Speaker 4: one is pushing him out, and he's not leaving now.

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Speaker 4: Henry Olsen is an American polster. Hi, Henry, hello today?

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Speaker 4: Is it looking more or less likely to you that

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Speaker 4: he stays in the race.

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Speaker 5: I think he is less likely to stay in the

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Speaker 5: race than he was even twenty four hours ago. Democrats

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Speaker 5: are beginning to call publicly for him to step down.

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Speaker 5: Polls are sinking fast, and while he remains steadfast in

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Speaker 5: his public statements, he's politically aware enough to know the

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Speaker 5: sand is shifting out from under him.

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Speaker 4: Yeah. So that the poll that you're talking about, I'm

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Speaker 4: assuming is the Wall Street Journal poll that I mean,

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Speaker 4: it only has the lead that Trump is. We've got

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Speaker 4: widening out to six percent. I would have expected more,

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Speaker 4: wouldn't you.

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Speaker 5: Well, we have two things working to prevent that. One

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Speaker 5: is the extreme partisanship we have in the United States

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Speaker 5: right now, and the second is his alternative is Donald Trump.

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Speaker 5: That there'll be plenty of people who will hear that

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Speaker 5: poll and say, yes, Joe Biden is too well to

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Speaker 5: run for office, but Donald Trump is, and then talk

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Speaker 5: about why they can't vote for Trump. Eighty percent of

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Speaker 5: the people in that poll said that Joe Biden was

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Speaker 5: too old to run for president. And that gives you

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Speaker 5: an idea of how many people are swallowing their reservations

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Speaker 5: about President Biden because they're either died in the world Democrats,

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Speaker 5: or they just can't stomach Donald Trump.

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Speaker 4: Do the polls fall further from him.

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Speaker 5: I think they do a little bit. There's only so

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Speaker 5: far that a Democrat can fall in this current circumstance.

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Speaker 5: But the fact is, because of the electoral college balance

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Speaker 5: towards Trump, Biden has to win by two points or

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Speaker 5: more to have any chance of winning the electoral college

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Speaker 5: being down by six when he's this well known and

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Speaker 5: Trump is this well known, this late in the campaign,

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Speaker 5: it's almost fatal and most serious Democrats know it.

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Speaker 4: Okay, So Henry, how does this play out? What's going

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Speaker 4: to be the thing that finally tips it out of

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Speaker 4: Biden's favor and he's got to get out of the race.

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Speaker 5: I think what's going to have to happen is some

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Speaker 5: senior Democrats are going to have to either publicly call

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Speaker 5: for his removal or his removing himself he can't be

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Speaker 5: absent himself, or they have to say in guarded diplomatic

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Speaker 5: language that that's the case, but they're not actually calling

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Speaker 5: for it. There are some Democrats who are saying that

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Speaker 5: he's going to lose under the current circumstance, and they're

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Speaker 5: not calling for his removal, but everybody inside the Beltway

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Speaker 5: knows what that means.

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Speaker 4: And then who replaces him as a Kamala Harris.

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Speaker 5: That's the betting right now is that that's the easiest

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Speaker 5: choice for the Democrats, and it's the one that rankles

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Speaker 5: the fewest intra party constituencies. The problem is, Kamala Harris

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Speaker 5: has her own problems. She's not known as a decisive communicator.

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Speaker 5: Her opinion ratings, her favorability ratings are as bad as

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Speaker 5: Joe Biden's, and she's tied to an unpopular administration. So

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Speaker 5: that may be the easier course for them, but that

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Speaker 5: doesn't mean it's the better course for them. But compared

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Speaker 5: to an eighty one year old man who can't complete

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Speaker 5: a sentence or paragraph under pressure, that may be their

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Speaker 5: least bad option.

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Speaker 4: Yeah, this is a very good point. Hey, listen, Henry,

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Speaker 4: Thank you. I always appreciate you time. Henry Elson, American polster. Now,

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Speaker 4: what is going on in the last twenty four hours

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Speaker 4: is there was that report in the New York Times

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Speaker 4: that said that Biden is reconsidering the situation and whether

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Speaker 4: he should drop out. He then after that came out

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Speaker 4: and said I am not going anywhere, I am not leaving.

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Speaker 4: They then had a meeting, He had a meeting with

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Speaker 4: a whole bunch of leading governors on the Democratic tickets,

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Speaker 4: and they have come out a bunch of them have

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Speaker 4: been wheeled out, these senior governors to say we've got

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Speaker 4: his back. So the whole thing is still it's still

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Speaker 4: an attempt to kind of shore up support for him

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Speaker 4: and at least, you know, present a united front. But

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Speaker 4: I'm not buying it. And you heard Henry just say

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Speaker 4: chances are he's now more likely out than in. So anyway,

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Speaker 4: we'll come back to that later on. Quickly on the

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Speaker 4: All Blacks, my man Damien McKenzie is and how about that,

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Speaker 4: So Boden Barrett's been bench, Damien McKenzie is starting at

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Speaker 4: first five, Stephen Perafetta is starting at full back, bit

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Speaker 4: of a surprise, and TJ. Perrianara is it number nine.

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Speaker 4: So we're gonna have a little chat to our man

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Speaker 4: Darcy water Grave next on that fourteen past.

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Speaker 2: Four, digging deeper into the day's headlines, it's Heather duper

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Speaker 2: c Allen Drive with one New Zealand one Giant Leap

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Speaker 2: for business.

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Speaker 4: US talks'd be Darcy water Graves. Sports talk hosts would

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Speaker 4: be Darce. Hello, Hello Heather, Darcy, you're turning the wrong volume.

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Speaker 4: Knob is the other volume? Knob?

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Speaker 1: Look?

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Speaker 6: Is that?

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Speaker 4: Yeah, that's the one that's all right, just helping you out.

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Speaker 4: Just lady splain and that to you, Darcy Hi, it

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Speaker 4: turns out not just the volume not but the microphone button,

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Speaker 4: the whole shebang. Hey, listen, what do you make of

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Speaker 4: my man demo starting.

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Speaker 1: Your man demo? Was he your man?

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Speaker 4: He's my man because he has been my favorite for

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Speaker 4: a long time.

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Speaker 7: I like the fact that t J.

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Speaker 8: Pettinara is starting one nine. Look, we talked about the

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Speaker 8: possibility of moving in as a debutante and taking that

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Speaker 8: position because of the the roles that they have. I

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Speaker 8: think it's probably more of a steadier set of hands

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Speaker 8: in case of crisis. And when it comes to playing

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Speaker 8: the English and Rugby, it's always crisis.

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Speaker 9: You don't know what they're going to do.

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Speaker 8: We don't like getting beaten by the I don't think

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Speaker 8: we mind getting beaten up by South Africa. There's something

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Speaker 8: about getting beaten by England that just really just.

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Speaker 4: Because a little bit. So we just don't like it.

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Speaker 8: So we don't know what this team is going to bring.

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Speaker 8: It's a very different team to a team that's been

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Speaker 8: playing throughout the six nation. Borthwick has established a new

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Speaker 8: method of playing due to the fact that some of

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Speaker 8: the manpower that he had no longer there, so they're

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Speaker 8: changing what they do. I think a lot of the

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Speaker 8: attack will go towards Damien McKenzie. We'll see how settled

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Speaker 8: he is. And I think we saw, even though his

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Speaker 8: pack didn't give him the base that he wanted in

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Speaker 8: that Chiefs final against the Blues, he was persona non

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Speaker 8: grated and I wonder if the things look at that

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Speaker 8: and go well, but that's if they can get some

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Speaker 8: form of dominance in that pack, and you'd like to

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Speaker 8: think they can. So there is a point maybe where

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Speaker 8: the English well attack. But the standout of all of

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Speaker 8: this is Stephen beellfifthe.

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Speaker 4: I was going to ask you about that. Are you

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Speaker 4: surprised by that?

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Speaker 8: We thought, even though Boden Barrett hasn't played much football,

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Speaker 8: head end up there in that role and maybe Peter

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Speaker 8: Fiftha would come in off the bench. But as it's

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Speaker 8: been pointed out, he's very good under the high ball.

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Speaker 8: You'd expect a lot of that from the English under

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Speaker 8: the roof is also taking advantage to the fact that

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Speaker 8: Zarn Sullivan out of the blue. So Peterfiltha made that

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Speaker 8: full back position his own and he grew into that role.

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Speaker 8: He played very well in that role. He's very good

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Speaker 8: on the accounter attack. He's got a lot more toe

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Speaker 8: than people give him credit for, so I think people

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Speaker 8: are a little like okay, but beyond that, he picked

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Speaker 8: no debutantes Scott Robinson. He's playing a very solid hand

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Speaker 8: in this game. He's got combinations that he knows works.

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Speaker 8: He's got guys that he can trust that are going

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Speaker 8: to listen to. What he's going to do is Luke

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Speaker 8: Jacobson's coming off the beachs to cover six, seven and eight.

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Speaker 8: The other team member people have been talking about as

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Speaker 8: summerpen female and what he is going to bring as

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Speaker 8: opposed to we talked about yesterday Ethan Blackadder and what

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Speaker 8: brings up. What I like about it is that Simipenie

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Speaker 8: is aggressive, aggressive tackler. He loves monstering people a bit

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Speaker 8: like Shanon Frizzelle from back in the day. And they'll

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Speaker 8: be targeting that fly half that young first five Mark Smith.

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Speaker 8: Someone said, oh, he's going to have a taget on

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Speaker 8: his back, so you no, the target will be on

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Speaker 8: his front because some of that he's going to run

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Speaker 8: straight out and straight over him.

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Speaker 4: Does who's been left out of the football Ferns.

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Speaker 8: The goal scoring champion from Wilkinson from back in the day.

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Speaker 8: Remember when she scored that opening goal that really blew

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Speaker 8: the whole World Cup apart and everything. It's our year,

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Speaker 8: here we go and then I think we pair shaped

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Speaker 8: up after that. There's a couple of other majors there.

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Speaker 8: But I think the Ferns have got a bigger problem

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Speaker 8: than the staff that they've got. They've got that long

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Speaker 8: term issue that Bunyon, that corn on the foot of

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Speaker 8: the team, and that is the head coach.

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Speaker 4: Yet give us so who's coaching?

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Speaker 8: Who's assistant coach and can't remember his name? But she

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Speaker 8: can't go to the Olympics because obviously the dynamic between

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Speaker 8: her and her team is not good at do you

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Speaker 8: want to take them to arguably well one of the

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Speaker 8: two biggest tournaments in global football and there is some

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Speaker 8: kind of disconnect between you and your players.

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Speaker 4: No, no, no, you don't think we're watching the slow exit,

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Speaker 4: aren't we? Because you can't keep her around like that.

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Speaker 8: They're slowly falling to the knees and eventually crawling along

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Speaker 8: on their hands, giving it the Black Knight do no

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Speaker 8: matter how many injuries they take that.

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Speaker 4: Thank you as always for being awesome. That's Darcy water.

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Speaker 8: I'm sorry I hit the wrong buttons and plugged in

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Speaker 8: the wrong headphone.

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Speaker 4: Hot mess, I need more staff media, We'll share a

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Speaker 4: pa Darcy water Grave sports talk host back at seven

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Speaker 4: four two.

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Speaker 2: Digging deeper into the day's headlines, it's Heather Duper Clan

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Speaker 2: drive with one New Zealand.

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Speaker 1: Let's get connected and new stalks.

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Speaker 4: That'd be not a lot of love for the shoe

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Speaker 4: box apartment idea, Heather Auckland in the city. Tiny apartments

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Speaker 4: are reminiscent to the ugly apartments that were built by

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Speaker 4: Russia after the war and the once beautiful Eastern European cities.

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Speaker 4: That's from Marie. It's a fair point. You're not gonna

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Speaker 4: love them right nobody else. You're not supposed to love them.

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Speaker 4: They're just a means to an end. Here the Pookakoe

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Speaker 4: vegetable grower here, please ask questions of the government as

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Speaker 4: to whether they are going to protect the highly productive

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Speaker 4: growing areas around New Zealand, especially the around Pooka Koe.

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Speaker 4: We don't want our precious land built over by houses.

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Speaker 4: From Barrett, I heard, I was listening to the speech

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Speaker 4: that Chris Bishop gave to the real estate agents today,

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Speaker 4: and he did say that they're going to protect tier

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Speaker 4: one and tier two land and that will be the

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Speaker 4: great stuff, the pooka koe growing stuff. So as far

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Speaker 4: as I can see, you're pretty okay. Shoe box apartments actually,

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Speaker 4: by the way, are probably one of the least controversial

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Speaker 4: parts of Chris's housing package. Let me run you through

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Speaker 4: the rest of it. Big council so you get tier

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Speaker 4: one and tier two councils, Okay, the Tier one councils,

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Speaker 4: the big ones, and the tier two councils, the next

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Speaker 4: ones down Tier one really big councils like Auckland, Wellington,

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Speaker 4: christ Church and Todunger and Tier two councils like Fangadau

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Speaker 4: and New Plymouth and Dunedin. They will all have to

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Speaker 4: live zone enough land for thirty years worth of housing,

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Speaker 4: rather than let it become available bit by bit like

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Speaker 4: they drip feed it at the moment like they do.

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Speaker 4: They just have to go, right, here's thirty years of land,

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Speaker 4: go for it, and you just built. You just go

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Speaker 4: held for leather and build it. Councils will not be

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Speaker 4: able to impose the urban all boundary lines and their

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Speaker 4: planning documents, like Auckland very famously does. Now the Tier

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Speaker 4: one councils Auckland, christ Church, Todunger and Wellington will have

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Speaker 4: to enable appropriate levels of density in their urban areas.

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Speaker 4: They must allow housing intensification along strategic transport corridors like

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Speaker 4: major bus routes and so on. They must also allow

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Speaker 4: things like and this is Tier one and Tier two councils,

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Speaker 4: cafes and dairies and shops in the urban areas. They

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Speaker 4: can still keep the industrial stuff away from the houses,

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Speaker 4: but you've got to have more retail in the urban areas.

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Speaker 4: And amen to that, because who wants to be driving

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Speaker 4: everywhere to a moll the MDRS, which was that ridiculous

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Speaker 4: thing that Labor and National did where they gave you permission,

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Speaker 4: your neighbor permission to just stick three houses up to

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Speaker 4: three stories on the land next to you and you

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Speaker 4: can't do anything about it. That is now optional, it's

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Speaker 4: not compulsory. And all of this, in conjunction and combination

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Speaker 4: with each other, should mean that house prices do not

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Speaker 4: rise as rapidly as they have in the past. We're

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Speaker 4: going to speak to a Developer about it after five

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Speaker 4: o'clock see what their take on it is. There is

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Speaker 4: yet another chapter in the Bruce Lherman saga over in Australia.

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Speaker 4: If you've been keeping an eye on this thing, this

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Speaker 4: has just like had more tentacles than an octopus. He

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Speaker 4: has now been committed to stand trial over allegations that

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Speaker 4: he raped a different woman twice in twenty twenty one.

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Speaker 4: His lawyers tried to have the case thrown out, but

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Speaker 4: a magistrate this afternoon said, nap, there's enough evidence. Got

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Speaker 4: to go to the district court. He denies the allegations

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Speaker 4: of murray Old's will be thus shortly and talk us

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Speaker 4: through that. Heather, please note to Peranara he's an old

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Speaker 4: man where he's harsh. Headline's next.

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Speaker 2: The day's newsmakers talked to Heather first, Heather Duplicy Allen

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Speaker 2: drive with One New Zealand. Let's get connected and news

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Speaker 2: talk z.

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Speaker 4: B pay breaking news. Fatim Ac Payman of the Labor

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Speaker 4: Party over in Australia has just quit and moved to

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Speaker 4: the Cross being that has some pretty serious ramifications for

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Speaker 4: the governing PARTI being Labor. So murray Olds are standing

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Speaker 4: by to have a little chat to us about that.

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Speaker 4: Hither am I correct in saying that TJ agreed with

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Speaker 4: the Hurricane Women's Hucker? Is it going to bring this

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Speaker 4: kind of stuff to the All Blacks Hucker? Probably not.

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Speaker 4: I feel like there's going to be a lot more

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Speaker 4: oversight of what happens in the All Blacks Hucker, don't

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Speaker 4: you think than like Women's cop the tournament that none

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Speaker 4: of us actually watch. However, having said that, it's part

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Speaker 4: of the reason why TJ is not everybody's favorite at

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Speaker 4: the moment, Mirage, Now I need to get you across

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Speaker 4: what's happening actually with the civil service? Well, wow, we

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Speaker 4: is this government not cleaning the place out at the moment.

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Speaker 4: There are some departures in the public service which are

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Speaker 4: pretty edgy today being reported that, and I say, like

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Speaker 4: the cleanout because you just had old mate who's running

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Speaker 4: caring or order leave, you had the board leave, You're

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Speaker 4: having the board of key we Rail leave. So there's

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Speaker 4: a real clean out going on. Being reported this morning

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Speaker 4: that three public service bosses are not going to have

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Speaker 4: their contracts renewed. At least two of them haven't even

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Speaker 4: done five years yet, and fully would have expected to

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Speaker 4: be able to have their contracts from you. Not gonna

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Speaker 4: happen there out the door. So it's Iona Holsteed who

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Speaker 4: runs the Ministry of Education now yay, because the Ministry

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Speaker 4: of Education sucks at its job. It's not educating kids

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Speaker 4: very well at all, is it? And it buck stops

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Speaker 4: at the top. So she's got to go, Bye bye.

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Speaker 4: Caroly McLeish who runs Treasury, she's going, and also Lillly

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Speaker 4: Anderson who runs the office for Maori Crown Relations. Maybe

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Speaker 4: because they blew their budget out wildly this year. Who knows. Anyway,

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Speaker 4: none of them have been confirmed except for Caroly MacLeish

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Speaker 4: of the Treasury that has been confirmed now and the

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Speaker 4: other two were waiting on. Barry Soper is going to

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Speaker 4: have a chat to us about that when he's with

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Speaker 4: us very shortly, in about ten minutes time. It's twenty

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Speaker 4: three away from five.

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Speaker 1: It's the world wires on newstalks. They'd be drive Democrats.

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Speaker 4: State governors have rallied around President Joe Biden. A number

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Speaker 4: of governors met with the President today and they say

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Speaker 4: there's no need for him to stand down from the

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Speaker 4: presidential race. Everything is absolutely tickety boo. Here's Minnesota Governor

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Speaker 4: Tim Walls.

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Speaker 2: What we saw it in there today was a guy

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Speaker 2: who was the guy that all of us believed in

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Speaker 2: the first time, who could beat Donald Trump and did

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Speaker 2: beat Dom Trump.

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Speaker 4: Hurricane Beryl has ripped through Jamaica and his heading for Mexico.

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Speaker 4: Power was knocked out of much of Jamaica's capital, Kingston,

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Speaker 4: and the Jamaican government has declared a state of emergency.

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Speaker 4: Actress Cheryl Lee Ralph was in Kingston when the storm hit.

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Speaker 4: We are praying for safety for it everybody, and stay

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Speaker 4: off the roads, standside because I'm going all went back

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Speaker 4: inside now yeah and finally, yeah, get yourself. Gerdiallins for

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Speaker 4: this one. The man who allegedly had an accident in

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Speaker 4: Gwyneth Paltrow's bed hopefully the spare bed has been named

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Speaker 4: and shamed. He's a socialite, Derek Blasberg. He has been

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Speaker 4: named by The Daily Mail as the mystery house guest

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Speaker 4: who lost control of his bowels one night while he

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Speaker 4: was staying at Gwyneth's house in the Hamptons. He's been

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Speaker 4: blamed this on ozempic but an unnamed sources. He's just

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Speaker 4: telling everyone that so he can save face. So yeah,

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Speaker 4: if you're an Airbnb host, maybe you want to check

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Speaker 4: if you have any bookings from a Derek Blasberg coming up,

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Speaker 4: so you can just just whip that cleaning for you

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Speaker 4: right in there.

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Speaker 2: International correspondence with Ends and Eye Insurance Peace of Mind

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Speaker 2: for New Zealand Business Murray.

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Speaker 4: Old Zsie correspondents with US Hamas.

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Speaker 7: Very good afternoon, Heather.

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Speaker 4: Are those protesters off the roof of Parliament?

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Speaker 7: Yeah they are.

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Speaker 10: They were up there for well, if I said less

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Speaker 10: than an hour, I wasn't across the entire timeline this morning.

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Speaker 10: But one thing I can tell you for certain, without

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Speaker 10: knowing for certain, there's going to be a big review

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Speaker 10: of security at Parliament House.

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Speaker 7: I mean two separate groups of protests.

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Speaker 10: Is one on the roof wearing Palestinian scarves and wearing

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Speaker 10: masks and carrying banners pro Palestinian banners from the River

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Speaker 10: to the Sea and condemning war crimes. A third referencing

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Speaker 10: Aboriginal land being stolen. They were chased off the roof

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Speaker 10: by police and eventually came down themselves, condemning Australia's relationship

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Speaker 10: with Israel and also making the point Australia was founded

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Speaker 10: on genocide.

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Speaker 7: At the same time Climate protesters.

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Speaker 10: Were inside in the foyer of the building, bluing themselves

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Speaker 10: to the floor and the ballards apparently. So look, they're

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Speaker 10: going to be charged with being bloody idiots and there's

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Speaker 10: going to be a big review of security.

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Speaker 4: Charges do they face Well, I don't know.

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Speaker 10: I mean, you know, destroying public property, you know, disrupting

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Speaker 10: the piece.

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Speaker 7: Whatever.

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Speaker 10: They will find something to charge them with because you

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Speaker 10: can't have this in the national capital. I mean imagine

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Speaker 10: if they had guns and bombs and things. So there's

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Speaker 10: going to be a review, no doubt about that. And

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Speaker 10: I'll let you know next week about charges.

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Speaker 4: Brilliant, I love it. Go hard on them. Okay, So

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Speaker 4: fatima payment quitting. This is reasonably significant, isn't it.

436
00:20:50,080 --> 00:20:51,960
Speaker 7: Oh, this is big news. This is big news.

437
00:20:52,040 --> 00:20:54,080
Speaker 10: And look on a bunch of different levels that a

438
00:20:54,160 --> 00:20:57,600
Speaker 10: whole lot of things to tease out about this. Principally

439
00:20:57,600 --> 00:21:00,160
Speaker 10: for me, how the hell did labor not see this coming?

440
00:21:00,600 --> 00:21:04,560
Speaker 10: I mean, she's a young, very bright, very attractive, hijab

441
00:21:04,560 --> 00:21:08,680
Speaker 10: wearing Muslim woman born in Carble. You'd think an ideal

442
00:21:08,800 --> 00:21:13,320
Speaker 10: Australian immigrant success story, tic tic tick every box you

443
00:21:13,359 --> 00:21:16,320
Speaker 10: can think of, and she was elected in Perth as

444
00:21:16,600 --> 00:21:21,080
Speaker 10: the number six senator Labor senator from Perth's if I

445
00:21:21,119 --> 00:21:24,280
Speaker 10: said she's early thirties, I may be doing a disservice.

446
00:21:24,359 --> 00:21:25,800
Speaker 7: She could be late twenties or something.

447
00:21:26,000 --> 00:21:30,400
Speaker 10: She's very young, photogenic, smart and powerful, and she's quit.

448
00:21:30,720 --> 00:21:33,200
Speaker 10: How Labor didn't see this coming. I mean, here's the thing.

449
00:21:33,760 --> 00:21:36,400
Speaker 10: She got up last week and sided with the Greens,

450
00:21:36,840 --> 00:21:38,719
Speaker 10: and the government said, oh, you can't do that. And

451
00:21:38,760 --> 00:21:42,040
Speaker 10: when she said on national television on Sunday, on Sunday,

452
00:21:42,320 --> 00:21:45,640
Speaker 10: I would cross the four again on Palestine, well, Anthony

453
00:21:45,640 --> 00:21:47,200
Speaker 10: Albaneze suspended her from.

454
00:21:47,320 --> 00:21:49,560
Speaker 7: The caucus, the Labor caucus. Here's the thing.

455
00:21:49,600 --> 00:21:52,359
Speaker 10: The government supports a two state solution but has made

456
00:21:52,359 --> 00:21:59,800
Speaker 10: no decision on recognizing Palestine as an independent nation. Fatima says, listen,

457
00:22:00,040 --> 00:22:02,720
Speaker 10: far as I'm concerned, it must be an independent, free nation.

458
00:22:03,080 --> 00:22:06,360
Speaker 10: She's quit this afternoon the Labor Party. And here's some quotes.

459
00:22:06,920 --> 00:22:08,800
Speaker 10: I'm going to be a true voice. She said on

460
00:22:08,840 --> 00:22:11,840
Speaker 10: the right side of humanity, condemning Israel for carrying out

461
00:22:11,840 --> 00:22:16,200
Speaker 10: a genocide of unimaginable proportions. Well, what a mess for Labor.

462
00:22:16,320 --> 00:22:18,919
Speaker 10: You can see Peter Dutton licking his chops because this

463
00:22:19,119 --> 00:22:21,640
Speaker 10: is Labor with a big own goal, a bright, young,

464
00:22:21,680 --> 00:22:25,919
Speaker 10: attractive ethnic woman getting smacked and getting kicked out of

465
00:22:25,920 --> 00:22:27,840
Speaker 10: the party that she embraced.

466
00:22:28,200 --> 00:22:30,040
Speaker 4: What does it mean mass for their ability. This is

467
00:22:30,080 --> 00:22:32,240
Speaker 4: Labour's ability to be able to get things through the Senate.

468
00:22:32,280 --> 00:22:36,040
Speaker 10: Now, well, she's going to be sitting on the cross bench.

469
00:22:36,119 --> 00:22:37,960
Speaker 7: We already know it's tough enough.

470
00:22:38,040 --> 00:22:40,280
Speaker 10: If the Green side with the Coalition, well they can't

471
00:22:40,280 --> 00:22:41,040
Speaker 10: get anything through.

472
00:22:41,680 --> 00:22:43,840
Speaker 7: This is just one vote lost in the upper House.

473
00:22:44,920 --> 00:22:48,320
Speaker 10: But luckily for Labor, and this is the last day of.

474
00:22:49,800 --> 00:22:53,000
Speaker 7: The Parliament. They rise today for the winter recess.

475
00:22:53,560 --> 00:22:55,520
Speaker 10: So Labor's got to go away and just do some

476
00:22:55,520 --> 00:22:57,600
Speaker 10: soul searching because this has been a bloody stuff up

477
00:22:57,600 --> 00:22:58,560
Speaker 10: from start to finish.

478
00:22:59,520 --> 00:23:02,280
Speaker 7: They could have handled us more poorly in my view.

479
00:23:02,359 --> 00:23:04,359
Speaker 4: Yeah, speaking of stuff ups, Bruce Lehman.

480
00:23:04,320 --> 00:23:04,680
Speaker 1: More of it.

481
00:23:05,359 --> 00:23:08,960
Speaker 10: Well, that's right, Bruce Lehrman now charged. Well, he's been

482
00:23:09,000 --> 00:23:11,840
Speaker 10: committed to stand trial on two charges of rape and

483
00:23:11,960 --> 00:23:15,480
Speaker 10: Queensland relating to an incident one night in October twenty

484
00:23:15,520 --> 00:23:16,120
Speaker 10: twenty one.

485
00:23:16,960 --> 00:23:17,800
Speaker 7: The allegation.

486
00:23:18,400 --> 00:23:20,760
Speaker 10: He's denied this, of course, but the magist today found

487
00:23:20,760 --> 00:23:23,920
Speaker 10: sufficient evidence to commit him to stand trial. He met

488
00:23:23,920 --> 00:23:26,679
Speaker 10: a young woman at a nightclub and to Woomba, his hometown,

489
00:23:27,119 --> 00:23:28,560
Speaker 10: went back to a friend's house.

490
00:23:28,600 --> 00:23:29,800
Speaker 7: They had consensual sex.

491
00:23:30,160 --> 00:23:33,600
Speaker 10: The allegations of sexual assault of rape pertaining to two

492
00:23:33,640 --> 00:23:36,479
Speaker 10: other acts of sex that occurred that night, and the

493
00:23:36,480 --> 00:23:40,240
Speaker 10: prosecution has made the point every act of sex must

494
00:23:40,320 --> 00:23:44,320
Speaker 10: be accompanied by a consent, and the allegations are that

495
00:23:44,720 --> 00:23:47,360
Speaker 10: the first was okay, the second two were not okay.

496
00:23:47,680 --> 00:23:50,199
Speaker 10: And that's what mister Lehman's going to be standing trail for.

497
00:23:50,760 --> 00:23:53,400
Speaker 4: Miss Thank you very much, appreciate it, MARYL. Look after yourself.

498
00:23:53,480 --> 00:23:54,919
Speaker 4: Murray Old's Australia correspondent.

499
00:23:55,240 --> 00:23:55,400
Speaker 6: Here.

500
00:23:55,440 --> 00:23:58,239
Speaker 4: The small balconies are fine, but two small apartments are

501
00:23:58,240 --> 00:24:00,080
Speaker 4: not good for mental health because some people will stay

502
00:24:00,080 --> 00:24:02,280
Speaker 4: for years to save money. That's from Brenda brend'arte. What's

503
00:24:02,280 --> 00:24:05,680
Speaker 4: worse for mental health and a small apartment is never

504
00:24:05,720 --> 00:24:07,840
Speaker 4: being able to own your own home. That's really bad

505
00:24:07,840 --> 00:24:09,480
Speaker 4: for mental health. So I'd rather have a small one

506
00:24:09,480 --> 00:24:12,120
Speaker 4: over nothing at all. What do you think The Ministry

507
00:24:12,119 --> 00:24:16,640
Speaker 4: of Education is warning that we need to start building

508
00:24:16,880 --> 00:24:20,119
Speaker 4: more classes, because you'll remember that the government has postponed

509
00:24:20,160 --> 00:24:22,560
Speaker 4: plans for new schools and so on. They are saying

510
00:24:22,600 --> 00:24:24,920
Speaker 4: that we need new schools, and we need new classrooms

511
00:24:25,080 --> 00:24:29,159
Speaker 4: urgently because there is just too much population growth going on.

512
00:24:29,200 --> 00:24:31,040
Speaker 4: They reckon at the Ministry of Education. One hundred and

513
00:24:31,080 --> 00:24:34,239
Speaker 4: thirty nine schools are already over their classroom capacity. There

514
00:24:34,240 --> 00:24:36,840
Speaker 4: are parts of Auckland and christ Church which have critical

515
00:24:36,960 --> 00:24:39,000
Speaker 4: unmet demand. We're going to speak to Tim Botting, who's

516
00:24:39,000 --> 00:24:42,560
Speaker 4: the principle of Ormiston Senior College, who I think actually,

517
00:24:43,080 --> 00:24:45,520
Speaker 4: I think that they are teaching kids in the cafe

518
00:24:45,520 --> 00:24:49,800
Speaker 4: and the library. I mean the library not ideal, the

519
00:24:49,880 --> 00:24:52,919
Speaker 4: cafe really not ideal. So anyway, he'll be with us

520
00:24:52,920 --> 00:24:54,960
Speaker 4: about ten plus five, talk us through that very sop

521
00:24:55,000 --> 00:24:55,640
Speaker 4: as next.

522
00:24:55,800 --> 00:25:00,000
Speaker 2: Politics with centrics credit, check your customers and get payment certainty.

523
00:25:00,080 --> 00:25:03,600
Speaker 4: So our senior political correspondence with us right now. Hey, Barry,

524
00:25:04,320 --> 00:25:06,439
Speaker 4: just the other micro didn't doing the same thing as

525
00:25:06,920 --> 00:25:09,720
Speaker 4: as Darcy did earlier, roll microphone. I think this is

526
00:25:09,760 --> 00:25:11,119
Speaker 4: a problem. We're going to fix the We're going to

527
00:25:11,160 --> 00:25:12,960
Speaker 4: fix this ourselves. This is a set up problem. This

528
00:25:13,040 --> 00:25:16,320
Speaker 4: is not a your problem. So I apologize for that, Barry.

529
00:25:16,359 --> 00:25:18,439
Speaker 4: I apologize for us embarrassing you like that.

530
00:25:18,520 --> 00:25:21,560
Speaker 9: Yeah, well Darcy didn't say it sound too embarrassed.

531
00:25:21,600 --> 00:25:24,200
Speaker 4: Neither of us, since it's not my fault, not even

532
00:25:24,240 --> 00:25:27,440
Speaker 4: a shame of the Hey, the housing shakeup's going to

533
00:25:27,480 --> 00:25:28,720
Speaker 4: prove controversial, isn't it.

534
00:25:28,800 --> 00:25:31,440
Speaker 9: Well, it is, but anything would be better than key

535
00:25:31,480 --> 00:25:35,000
Speaker 9: we build, I suppose. But I think the main thing

536
00:25:35,040 --> 00:25:39,040
Speaker 9: that's getting attention is getting rid of minimum floor areas

537
00:25:39,040 --> 00:25:45,200
Speaker 9: and balcony requirements for apartments and rules to allow cities

538
00:25:45,240 --> 00:25:48,639
Speaker 9: to extend outwards at the fringes. And I think extending

539
00:25:48,640 --> 00:25:53,560
Speaker 9: outwards is actually what cities have been very reluctant to

540
00:25:53,600 --> 00:25:56,920
Speaker 9: do in the past, and I think it's a really

541
00:25:56,920 --> 00:26:00,600
Speaker 9: good thing. I mean, you can't confine a city and say,

542
00:26:01,440 --> 00:26:05,200
Speaker 9: like Labour saw, the answer was density, high identity in cities.

543
00:26:05,600 --> 00:26:08,080
Speaker 9: But people don't want to live on top of each

544
00:26:08,119 --> 00:26:11,000
Speaker 9: other unless you're in an apartment. And there's nothing wrong

545
00:26:11,200 --> 00:26:17,240
Speaker 9: in living in an apartment. The christ Bishop, the Housing minister,

546
00:26:17,800 --> 00:26:20,720
Speaker 9: he says the government rejects the view that said he

547
00:26:20,800 --> 00:26:24,320
Speaker 9: can cidies can only grow outwards, they can grow up

548
00:26:24,359 --> 00:26:28,920
Speaker 9: as well, and to that end, he's talking about apartments. Interestingly,

549
00:26:28,960 --> 00:26:31,159
Speaker 9: there was one comment that he made and I'm just

550
00:26:31,359 --> 00:26:33,640
Speaker 9: not quite sure how they're going to achieve this. He said,

551
00:26:34,520 --> 00:26:38,600
Speaker 9: these city fringe changes would mean people could build there

552
00:26:38,720 --> 00:26:43,600
Speaker 9: as long as they covered the costs of associated associated infrastructure.

553
00:26:44,000 --> 00:26:44,840
Speaker 1: I'm not quite.

554
00:26:44,600 --> 00:26:48,280
Speaker 9: Sure how that works. I guess it's developers that developers

555
00:26:48,359 --> 00:26:52,920
Speaker 9: want to like Drury, want to develop an area, then

556
00:26:53,359 --> 00:26:54,600
Speaker 9: they've got to look after.

557
00:26:54,400 --> 00:26:58,119
Speaker 4: The orchestructure, the council's jobs. So it has been the

558
00:26:58,160 --> 00:27:00,199
Speaker 4: responsibility of the council to do all the pipe work

559
00:27:00,280 --> 00:27:01,960
Speaker 4: and all that kind of stuff. And so what he's

560
00:27:02,000 --> 00:27:03,840
Speaker 4: saying is the developers have to do this right.

561
00:27:04,720 --> 00:27:08,199
Speaker 9: So I see that, But I guess that could be

562
00:27:08,359 --> 00:27:14,119
Speaker 9: something of a problem because infrastructure usually is a council's responsibility.

563
00:27:14,320 --> 00:27:17,159
Speaker 4: So developer, I'll tell you what, the developers can make

564
00:27:17,200 --> 00:27:19,360
Speaker 4: the money the books balance will still make a buck

565
00:27:19,359 --> 00:27:20,640
Speaker 4: out of it. They'll be doing it. They'll be making

566
00:27:20,680 --> 00:27:22,119
Speaker 4: those pipes as fast as you possibly can.

567
00:27:22,240 --> 00:27:22,480
Speaker 11: Yeah.

568
00:27:22,520 --> 00:27:25,480
Speaker 9: Well, councils are now being told by central government what's

569
00:27:25,520 --> 00:27:28,240
Speaker 9: expected of them when it comes to the likes of apartments.

570
00:27:28,840 --> 00:27:29,800
Speaker 9: Here's Chris Bishop.

571
00:27:30,000 --> 00:27:32,400
Speaker 12: Evidence from twenty fifteen shows them in the Auckland market.

572
00:27:32,440 --> 00:27:35,439
Speaker 12: For example, balcony size requirements increase the cost of an

573
00:27:35,480 --> 00:27:39,000
Speaker 12: apartment by forty to seventy thousand dollars per unit. We

574
00:27:39,040 --> 00:27:42,040
Speaker 12: will therefore remove the ability for counselors to set rules

575
00:27:42,119 --> 00:27:46,199
Speaker 12: or guidelines that require balconies or flaw areas to be

576
00:27:46,320 --> 00:27:48,800
Speaker 12: of a minimum size. Developers will still be able to

577
00:27:48,880 --> 00:27:51,480
Speaker 12: size dwellings and choose to provide balconies as they and

578
00:27:51,560 --> 00:27:54,800
Speaker 12: their customers see fit, provided they can fly with national

579
00:27:55,359 --> 00:27:58,560
Speaker 12: building standards. You sometimes hear people complain about all of

580
00:27:58,600 --> 00:28:01,840
Speaker 12: these shoe box apartartments, and you know, I agree, they're

581
00:28:01,840 --> 00:28:04,080
Speaker 12: not the right housing solution for everyone. But you know

582
00:28:04,119 --> 00:28:07,480
Speaker 12: what's smaller than a shoe box apartment? Cars and tents

583
00:28:07,640 --> 00:28:10,240
Speaker 12: that people are living in right now in New Zealand.

584
00:28:10,440 --> 00:28:13,720
Speaker 9: See, And that's a very good point. Actually that isn't

585
00:28:13,720 --> 00:28:17,080
Speaker 9: it better? I guess though, if you're living in a

586
00:28:17,119 --> 00:28:20,200
Speaker 9: car or an a tent, you really haven't got any

587
00:28:20,280 --> 00:28:24,560
Speaker 9: money that you could ever put towards a house or

588
00:28:24,600 --> 00:28:27,520
Speaker 9: even an apartment, So you know, I mean it's all

589
00:28:27,640 --> 00:28:31,320
Speaker 9: very idealistic. But you know, in shoe box apartments aren't

590
00:28:31,359 --> 00:28:34,119
Speaker 9: the most attractive, but at least it's the old story.

591
00:28:34,160 --> 00:28:35,120
Speaker 9: It's a roof over your head.

592
00:28:35,160 --> 00:28:37,280
Speaker 4: Absolutely couldn't agree more. Hey, what do you make of

593
00:28:37,280 --> 00:28:41,040
Speaker 4: this mental health funder? The governments announced again.

594
00:28:41,200 --> 00:28:44,880
Speaker 9: It's going to be really interesting. Targets have been set

595
00:28:45,040 --> 00:28:48,920
Speaker 9: and eighty percent of people they tell us are will

596
00:28:48,960 --> 00:28:53,080
Speaker 9: be able to access special mental health and addiction services

597
00:28:53,080 --> 00:28:58,160
Speaker 9: within three weeks, and ninety five percent of mental health

598
00:28:58,160 --> 00:29:03,840
Speaker 9: and addict and related urgency department presentations they'll be seen

599
00:29:04,600 --> 00:29:09,640
Speaker 9: within three hours. Now, that's very idealistic. And they've put

600
00:29:10,160 --> 00:29:14,920
Speaker 9: ten million dollars a fund for mental health care innovation.

601
00:29:15,240 --> 00:29:19,280
Speaker 9: But it made it got me thinking about what happened

602
00:29:19,320 --> 00:29:24,080
Speaker 9: to that massive fund that was announced by Labor back

603
00:29:24,120 --> 00:29:29,640
Speaker 9: in twenty nineteen, one point nine billion dollars for mental health. Well,

604
00:29:30,080 --> 00:29:33,840
Speaker 9: looking into it, it's hard to see, well, it's not

605
00:29:33,880 --> 00:29:37,239
Speaker 9: hard to see where the money went. It didn't well,

606
00:29:37,280 --> 00:29:39,440
Speaker 9: it didn't go into mental health. It did go somewhere.

607
00:29:40,040 --> 00:29:43,480
Speaker 9: One point one billion of it went into the general

608
00:29:44,280 --> 00:29:48,280
Speaker 9: health system, so it went across the board of health system,

609
00:29:48,360 --> 00:29:51,480
Speaker 9: not to mental health. The rest has been spread across

610
00:29:51,560 --> 00:29:55,920
Speaker 9: a wide range of government agencies. And I find this interesting.

611
00:29:56,000 --> 00:30:01,440
Speaker 9: Corrections Housing, Urban Development, and the Ministry of Social Development, courts,

612
00:30:02,280 --> 00:30:05,600
Speaker 9: the Rural Commission of Inquiry into Abuse and Care. Really

613
00:30:05,880 --> 00:30:09,760
Speaker 9: that's where the money went. And this was so well,

614
00:30:09,960 --> 00:30:12,320
Speaker 9: it's a bit like the COVID fund that the Labor

615
00:30:12,320 --> 00:30:14,400
Speaker 9: Party said yeah, and said it is going to be

616
00:30:14,440 --> 00:30:17,840
Speaker 9: spent on COVID related issues. Well it will spent on well,

617
00:30:17,880 --> 00:30:20,080
Speaker 9: it will spend Some of it were spent on that,

618
00:30:20,480 --> 00:30:23,080
Speaker 9: but certainly not a lot of it. They farmed it

619
00:30:23,120 --> 00:30:24,840
Speaker 9: out to other areas of need.

620
00:30:25,240 --> 00:30:27,440
Speaker 4: Fascinating Seth, Barry, thank you very much, really appreciate it.

621
00:30:27,440 --> 00:30:30,120
Speaker 4: That's Barry Soper, Senior political correspondent. It's coming up seven

622
00:30:30,120 --> 00:30:30,720
Speaker 4: away from five.

623
00:30:31,520 --> 00:30:35,240
Speaker 2: Putting the tough questions to the newspeakers. Some Mike asking.

624
00:30:34,920 --> 00:30:37,200
Speaker 4: Breakfast changes, rolling on a coing or housing.

625
00:30:37,280 --> 00:30:38,920
Speaker 13: Minister christ Bishop, whethers CHOI or.

626
00:30:39,160 --> 00:30:42,120
Speaker 14: Is a financtually troubled organization for what's a forty five

627
00:30:42,160 --> 00:30:46,160
Speaker 14: pillan dollar company. Very important institution for the Crown nicol aside,

628
00:30:46,200 --> 00:30:47,760
Speaker 14: but it's very clear to them that we want them

629
00:30:47,760 --> 00:30:50,080
Speaker 14: to eliminate losses and get back to their core business,

630
00:30:50,120 --> 00:30:51,800
Speaker 14: which is actually being a landlord.

631
00:30:51,920 --> 00:30:53,880
Speaker 9: Counter argument to that is, we need more houses and

632
00:30:53,880 --> 00:30:54,640
Speaker 9: they're not building them.

633
00:30:54,680 --> 00:30:56,880
Speaker 15: We won't be building as many, and who fills that gap.

634
00:30:56,920 --> 00:30:59,160
Speaker 14: We may well put more money into KO for them

635
00:30:59,200 --> 00:31:01,040
Speaker 14: to build more State House, but we're not going to

636
00:31:01,120 --> 00:31:03,160
Speaker 14: do that. It would be irresponsible to give them a

637
00:31:03,240 --> 00:31:05,720
Speaker 14: blank check to build more houses until we're confident they've

638
00:31:05,720 --> 00:31:08,280
Speaker 14: got their cost under control and they're financially sustainable as

639
00:31:08,320 --> 00:31:08,920
Speaker 14: an organization.

640
00:31:09,160 --> 00:31:11,920
Speaker 2: Back tomorrow at six am the Mic Hosking Breakfast with

641
00:31:12,280 --> 00:31:15,240
Speaker 2: Jaguine Newstalk zeb Heather.

642
00:31:15,240 --> 00:31:17,800
Speaker 4: There's a lot of land in South Auckland already developed.

643
00:31:17,800 --> 00:31:19,800
Speaker 4: No houses can go on the land because there's no

644
00:31:19,840 --> 00:31:22,240
Speaker 4: water or sewage. The roads are Oakland Road and Hayfield

645
00:31:22,240 --> 00:31:24,240
Speaker 4: Way just off the Papa coulda turn off a karraka.

646
00:31:24,760 --> 00:31:27,800
Speaker 4: What is Chris Bishop on about if there's no infrastructure.

647
00:31:27,960 --> 00:31:30,760
Speaker 4: All the government narrative about freeingland is just blah blah.

648
00:31:30,800 --> 00:31:33,040
Speaker 4: So much land within the Auckland perimeter with property still

649
00:31:33,080 --> 00:31:35,120
Speaker 4: on semptic tanks and their own water supply as they

650
00:31:35,160 --> 00:31:36,760
Speaker 4: cannot hook up to the main system, and you call

651
00:31:36,800 --> 00:31:39,080
Speaker 4: them out on this, Marie, thank you very much. Appreciate that.

652
00:31:39,600 --> 00:31:41,160
Speaker 4: We will talk to the developer. We're going to talk

653
00:31:41,160 --> 00:31:44,400
Speaker 4: to who's David Whitburn and just get his take on

654
00:31:44,640 --> 00:31:48,400
Speaker 4: whether this is feasible or not. Now, this is bad

655
00:31:48,480 --> 00:31:50,200
Speaker 4: news for Joe Biden if he lived in New Zealand,

656
00:31:50,240 --> 00:31:51,400
Speaker 4: because I don't know if you noticed, but the other

657
00:31:51,480 --> 00:31:53,080
Speaker 4: day he got a fake tan. I mean he went

658
00:31:53,080 --> 00:31:55,320
Speaker 4: from being like pasty, white, sick looking guy to all

659
00:31:55,360 --> 00:31:59,840
Speaker 4: of a sudden, like the color of Donald Trump. Anyway related,

660
00:32:00,280 --> 00:32:01,760
Speaker 4: I just was using it as I'm not gonna lie.

661
00:32:01,760 --> 00:32:03,400
Speaker 4: I'm just using it as an opportunity to talk about

662
00:32:03,480 --> 00:32:05,560
Speaker 4: Joe Biden again, because the man is an ongoing joke.

663
00:32:05,600 --> 00:32:10,120
Speaker 4: But anyway, So, on the subject of fake tans, Consumer

664
00:32:10,160 --> 00:32:12,320
Speaker 4: New Zealand wants a ban on sun beds in New

665
00:32:12,400 --> 00:32:16,320
Speaker 4: Zealand because the advice from Health New Zealand is that

666
00:32:16,360 --> 00:32:19,120
Speaker 4: you shouldn't be using it a sun tanning bed if

667
00:32:19,160 --> 00:32:21,680
Speaker 4: you have fair skin. So basically, if you're like, what

668
00:32:21,840 --> 00:32:24,600
Speaker 4: is fair skin? Ants is fair skin a white person

669
00:32:24,760 --> 00:32:26,520
Speaker 4: or is it a white person with freckles and jiji.

670
00:32:26,600 --> 00:32:28,040
Speaker 16: Yeah, I was going to say, they call it Tier

671
00:32:28,120 --> 00:32:30,840
Speaker 16: one in like the system that they have. So I

672
00:32:30,880 --> 00:32:32,360
Speaker 16: think it's like you know your mate who's like, no,

673
00:32:32,520 --> 00:32:34,400
Speaker 16: I actually can't go out in the sun because I

674
00:32:34,800 --> 00:32:36,080
Speaker 16: know Scottish cousin.

675
00:32:36,320 --> 00:32:39,360
Speaker 4: Yeah yeah, okay, so my cousin can't use it. And

676
00:32:39,400 --> 00:32:43,200
Speaker 4: also people under eighteen are not supposed to. But apparently

677
00:32:43,280 --> 00:32:46,120
Speaker 4: Consumer New Zealand cent a fourteen year old and they

678
00:32:46,120 --> 00:32:48,600
Speaker 4: were very happy to let the gingery fourteen year old

679
00:32:48,640 --> 00:32:51,560
Speaker 4: have a crack at it, even though fair skin people

680
00:32:51,560 --> 00:32:53,680
Speaker 4: shouldn't do it and under eighteen year olds shouldn't do it.

681
00:32:53,760 --> 00:32:56,280
Speaker 4: So Consumer New Zealand's reach for the nuclear button, which

682
00:32:56,360 --> 00:32:58,959
Speaker 4: Joe Biden would fail to find at this stage, and

683
00:32:59,000 --> 00:33:02,240
Speaker 4: Consumer New Zealand has decided that's it. Not at any

684
00:33:02,280 --> 00:33:04,800
Speaker 4: more Sundan beds anymore, the whole of New Zealand no

685
00:33:04,920 --> 00:33:06,800
Speaker 4: more for you because we can't trust them. So anyway,

686
00:33:06,840 --> 00:33:08,200
Speaker 4: they're going to be with us in twenty minutes and

687
00:33:08,200 --> 00:33:24,040
Speaker 4: talk us through that. Yeah, News Talk z'ba.

688
00:33:19,720 --> 00:33:22,880
Speaker 2: The only drive show you can trust to ask the questions,

689
00:33:23,000 --> 00:33:26,560
Speaker 2: get the answers, by the facts and give the analysis.

690
00:33:26,800 --> 00:33:30,880
Speaker 2: Heather due to Celum Drive with One New Zealand Let's get.

691
00:33:30,680 --> 00:33:32,320
Speaker 1: Connected and News Talk z be.

692
00:33:33,840 --> 00:33:36,560
Speaker 4: Afternoon. Chris Bishop has revealed his plan to flood the

693
00:33:36,600 --> 00:33:39,680
Speaker 4: market with houses. The new rules these outlined today would

694
00:33:39,720 --> 00:33:43,520
Speaker 4: abolish urban rural boundaries around cities, demand that council's free

695
00:33:43,600 --> 00:33:47,959
Speaker 4: up thirty years worth of development land, demand intensification, especially

696
00:33:48,000 --> 00:33:51,480
Speaker 4: along transport corridors, and remove restrictions on apartment sizes and

697
00:33:51,520 --> 00:33:53,760
Speaker 4: balcony sizes. That would mean the market would make the

698
00:33:53,840 --> 00:33:56,840
Speaker 4: rules and not the council. David Whitburn is a professional

699
00:33:56,840 --> 00:33:58,440
Speaker 4: property developer and investor in with us.

700
00:33:58,480 --> 00:34:01,360
Speaker 1: Now, hey David, yeah, how are you very well?

701
00:34:01,400 --> 00:34:03,240
Speaker 4: Thank you? Do you reckon? This is going to see

702
00:34:03,240 --> 00:34:05,200
Speaker 4: more houses built and prices kept down.

703
00:34:06,600 --> 00:34:09,680
Speaker 17: It will, but unfortunately it's not the holy grail that

704
00:34:10,040 --> 00:34:11,880
Speaker 17: many are looking for. This will be a little bit

705
00:34:11,880 --> 00:34:14,239
Speaker 17: of a trickle only because we need to couple with

706
00:34:14,400 --> 00:34:19,040
Speaker 17: infrastructure funding there considering urban sprawl when getting rid of

707
00:34:19,120 --> 00:34:23,680
Speaker 17: the metropolitan urban limits to Auckland and christ Church have

708
00:34:23,800 --> 00:34:28,240
Speaker 17: already factored in thirty years of supply in their plans anyway,

709
00:34:28,440 --> 00:34:31,400
Speaker 17: so that really only adding in the Hamilton, told On

710
00:34:32,239 --> 00:34:34,960
Speaker 17: and Wellington councils is the tier one councils for this,

711
00:34:35,200 --> 00:34:39,520
Speaker 17: And until we get the infrastructure funding sorted out, we're

712
00:34:39,520 --> 00:34:41,640
Speaker 17: not going to be able to get too much of

713
00:34:41,680 --> 00:34:44,600
Speaker 17: a dent in this, unfortunately, because it is very expensive

714
00:34:44,680 --> 00:34:47,880
Speaker 17: to put in the wastewater networks, theroading, the connections to

715
00:34:47,880 --> 00:34:51,840
Speaker 17: electricity reticulation and so forth to get a full benefit

716
00:34:51,880 --> 00:34:52,160
Speaker 17: from that.

717
00:34:52,760 --> 00:34:54,800
Speaker 4: You don't think the developers will pay for it willingly.

718
00:34:56,080 --> 00:34:58,839
Speaker 17: Developers won't pay for willing because we've got to make

719
00:34:58,880 --> 00:35:02,280
Speaker 17: a profit could be more useful if we could consider

720
00:35:02,400 --> 00:35:05,279
Speaker 17: addressing the high interest rates that are hurting us.

721
00:35:05,400 --> 00:35:06,239
Speaker 5: Is so bad that at.

722
00:35:06,160 --> 00:35:09,680
Speaker 15: The moment they're just too high, but the infrastructure costs

723
00:35:09,719 --> 00:35:12,680
Speaker 15: will help it. Just where's the funding the platform from them?

724
00:35:12,680 --> 00:35:14,719
Speaker 15: There have been some successful models, the likes of what

725
00:35:14,800 --> 00:35:16,920
Speaker 15: Fulk and Hogan have done in Mildale has been great

726
00:35:16,960 --> 00:35:20,680
Speaker 15: with a targeted contribution to the rates. I think it's

727
00:35:20,719 --> 00:35:24,120
Speaker 15: over thirty years to alleviate some of the pressure, but

728
00:35:24,360 --> 00:35:28,160
Speaker 15: it's very expensive doing it. We're seeing development contributions upwards

729
00:35:28,160 --> 00:35:31,760
Speaker 15: of ninety thousand dollars in Drury that just gets tagged

730
00:35:31,760 --> 00:35:34,960
Speaker 15: to the cost of houses properly. So as a result

731
00:35:34,960 --> 00:35:37,680
Speaker 15: we see places like Kumiu and Herpei in northwest of

732
00:35:37,719 --> 00:35:42,440
Speaker 15: Auckland and Karaka and Pocino. We're seeing there in addition

733
00:35:42,520 --> 00:35:45,239
Speaker 15: to some quite lengthy commute times, we're also seeing that

734
00:35:45,280 --> 00:35:48,080
Speaker 15: these areas using the old speak the sort of nine

735
00:35:48,120 --> 00:35:51,360
Speaker 15: to ten nicer more costly areas. So it doesn't really

736
00:35:51,760 --> 00:35:55,200
Speaker 15: help the housing affordability and will only make a minor

737
00:35:55,320 --> 00:35:58,360
Speaker 15: dent and things. It's the right principle and all in

738
00:35:59,120 --> 00:36:02,480
Speaker 15: better and lower house but unfortunately, unless it's dovetailed around

739
00:36:02,960 --> 00:36:06,600
Speaker 15: intrast rates lying and the provision of more bulk infrastructure

740
00:36:06,640 --> 00:36:09,680
Speaker 15: ideally funded by government who can burow a couple of

741
00:36:09,800 --> 00:36:12,719
Speaker 15: least two hundred basis points lower than we developers can.

742
00:36:13,600 --> 00:36:15,280
Speaker 15: It's going to still be a real challenge.

743
00:36:15,640 --> 00:36:18,200
Speaker 4: How do you feel about the possibility of shoe box apartments?

744
00:36:19,120 --> 00:36:19,560
Speaker 17: Not good?

745
00:36:19,600 --> 00:36:22,360
Speaker 15: We foiled a lot in the in the night and

746
00:36:22,480 --> 00:36:24,719
Speaker 15: noticed a bit of work with.

747
00:36:26,680 --> 00:36:27,520
Speaker 17: Some lawyers today and.

748
00:36:27,520 --> 00:36:31,799
Speaker 15: An expert witness brief on one such infamous project there.

749
00:36:32,239 --> 00:36:35,160
Speaker 15: It's something we've got to be a bit conscious of. Unfortunately,

750
00:36:35,520 --> 00:36:37,880
Speaker 15: we've got to take some of our most vulnerable people

751
00:36:37,880 --> 00:36:40,479
Speaker 15: along with us on the journey, and some people don't

752
00:36:40,520 --> 00:36:44,120
Speaker 15: have that choice. So potentially, yet, if we were developed

753
00:36:44,200 --> 00:36:47,719
Speaker 15: that peraps weren't quite so conscious there, I may be

754
00:36:47,840 --> 00:36:51,120
Speaker 15: able to build nine square meter units and peraps have

755
00:36:51,200 --> 00:36:52,000
Speaker 15: a shared bathroom.

756
00:36:52,080 --> 00:36:53,280
Speaker 4: Would anybody live the really?

757
00:36:54,480 --> 00:36:59,640
Speaker 15: Unfortunately they haven't. In student halls of residents have examples

758
00:36:59,680 --> 00:37:02,680
Speaker 15: of that. Some workers accommodation do it in cities like

759
00:37:02,920 --> 00:37:07,920
Speaker 15: Hong Kong and numerous European cities. I've seen ones as

760
00:37:07,960 --> 00:37:12,640
Speaker 15: small as nine square meters. Unfortunately, so some vulnerable people. Unfortunately,

761
00:37:13,400 --> 00:37:15,040
Speaker 15: do you have to live in that. Yes, it's better

762
00:37:15,080 --> 00:37:16,880
Speaker 15: than living in the car or a living rough, but

763
00:37:17,000 --> 00:37:20,160
Speaker 15: it's not very nice. I'm not so sure about having

764
00:37:20,239 --> 00:37:22,960
Speaker 15: a removal of balconies, particularly when you can have no

765
00:37:23,080 --> 00:37:27,080
Speaker 15: opening windows. In addition to these full size it probably

766
00:37:27,960 --> 00:37:30,240
Speaker 15: it could be a better way to have some minimum

767
00:37:30,320 --> 00:37:32,920
Speaker 15: stands there, just to make sure that our country's most

768
00:37:33,000 --> 00:37:34,120
Speaker 15: vulnerable and left behind.

769
00:37:34,280 --> 00:37:35,880
Speaker 4: David, it's really good to get your perspective on it.

770
00:37:35,920 --> 00:37:38,880
Speaker 4: Thank you very much. David Whitburn, professional property developer and investor.

771
00:37:39,320 --> 00:37:41,200
Speaker 1: Helor duper see Alan speaking.

772
00:37:40,960 --> 00:37:43,200
Speaker 4: Of building, the Ministry of Education has warned the government

773
00:37:43,280 --> 00:37:45,400
Speaker 4: that it needs to get on with building new schools

774
00:37:45,400 --> 00:37:48,480
Speaker 4: and classrooms because of a roll bulge that's moving through

775
00:37:48,520 --> 00:37:51,799
Speaker 4: schools and incoming migration. It reckons one hundred and thirty

776
00:37:51,880 --> 00:37:54,680
Speaker 4: nine schools are already over their classroom capacity. Tim Botting

777
00:37:55,080 --> 00:37:57,000
Speaker 4: is the principle of Ormiston Senior College and with.

778
00:37:57,080 --> 00:37:59,279
Speaker 1: Us, Hey Tim, Hey, how the go?

779
00:37:59,400 --> 00:38:00,800
Speaker 4: Yeah, I'm very well, thank you? How bad is it

780
00:38:00,880 --> 00:38:01,359
Speaker 4: with you guys?

781
00:38:02,920 --> 00:38:06,240
Speaker 18: We wouldn't said it's bad. We're definitely experiencing the role growth.

782
00:38:06,920 --> 00:38:10,040
Speaker 18: We're currently got fourteen hundred students in a building that's

783
00:38:10,080 --> 00:38:11,480
Speaker 18: designed for eleven hundred.

784
00:38:11,200 --> 00:38:11,759
Speaker 11: And twenty five.

785
00:38:12,280 --> 00:38:14,840
Speaker 18: So we've had to make some adjustments within our space

786
00:38:14,920 --> 00:38:16,120
Speaker 18: is to accommodate those students.

787
00:38:16,320 --> 00:38:18,320
Speaker 4: Yeah, like teaching in your cafe, aren't you.

788
00:38:19,480 --> 00:38:22,480
Speaker 18: Yeah, we've had to use some cafe space. Our library

789
00:38:22,480 --> 00:38:26,239
Speaker 18: space now has students in it. We're coping really well.

790
00:38:26,280 --> 00:38:28,799
Speaker 18: Our staff have adapted brilliantly, and our students are doing

791
00:38:29,239 --> 00:38:32,880
Speaker 18: really well in the space. And thankfully the Ministry is

792
00:38:33,400 --> 00:38:35,600
Speaker 18: working really well at the school to bring in some

793
00:38:35,920 --> 00:38:38,400
Speaker 18: short term role growth buildings for the end of the

794
00:38:38,480 --> 00:38:41,480
Speaker 18: year and to move ahead with the full build going

795
00:38:41,560 --> 00:38:42,520
Speaker 18: on later.

796
00:38:42,360 --> 00:38:42,719
Speaker 13: On the year.

797
00:38:42,800 --> 00:38:44,920
Speaker 4: You're getting another ten temporary classrooms.

798
00:38:44,920 --> 00:38:45,359
Speaker 6: Is that enough?

799
00:38:47,160 --> 00:38:47,200
Speaker 13: No?

800
00:38:48,120 --> 00:38:51,759
Speaker 18: But these plans in place that are working forward. I

801
00:38:51,800 --> 00:38:56,200
Speaker 18: think we're in a position in Ormiston because we're identified

802
00:38:56,239 --> 00:38:59,640
Speaker 18: as a very high growth area by the Ministry of

803
00:38:59,719 --> 00:39:03,080
Speaker 18: Education as well. They're aware of our situation. So we've

804
00:39:03,120 --> 00:39:05,640
Speaker 18: got those ten coming in and then we'll have another

805
00:39:05,719 --> 00:39:08,160
Speaker 18: ten by the end of the year and potentially another

806
00:39:08,239 --> 00:39:12,080
Speaker 18: ten next year while they are building a twelve classroom

807
00:39:12,760 --> 00:39:14,120
Speaker 18: extension to our current block.

808
00:39:14,480 --> 00:39:16,319
Speaker 4: Tim, thank you very much, really appreciate it. I mate,

809
00:39:16,320 --> 00:39:18,880
Speaker 4: that's Timbotting. The principle of Ormiston Senior College.

810
00:39:19,239 --> 00:39:21,480
Speaker 1: Heather duper cee Ellen Heather, we.

811
00:39:21,520 --> 00:39:24,040
Speaker 4: Are affectionately known as apply in swite. We can even

812
00:39:24,080 --> 00:39:25,919
Speaker 4: glow in the dark. That's from Rachel. That's about people

813
00:39:25,920 --> 00:39:27,520
Speaker 4: who shouldn't be getting sunbeds. We're going to talk to

814
00:39:27,560 --> 00:39:29,440
Speaker 4: consumer getting into the sun bed It's going to talk

815
00:39:29,440 --> 00:39:31,560
Speaker 4: to consumer New Zealand about it shortly. But how good

816
00:39:31,640 --> 00:39:35,719
Speaker 4: is this? I love this. ASB has changed its forecast

817
00:39:36,080 --> 00:39:38,600
Speaker 4: for when they're packing an OCR cut and they've brought

818
00:39:38,640 --> 00:39:41,040
Speaker 4: it forward to this year. They were saying it was

819
00:39:41,080 --> 00:39:42,759
Speaker 4: going to be February next year, but now they've looked

820
00:39:42,800 --> 00:39:45,719
Speaker 4: at all the data and they go, nah, November this year.

821
00:39:45,920 --> 00:39:48,440
Speaker 4: Welcome to the party. ASB. Keew We Bank and I

822
00:39:48,480 --> 00:39:50,279
Speaker 4: have been here for a while calling November. I'm not

823
00:39:50,360 --> 00:39:52,320
Speaker 4: that I count for anything. I basically just read what

824
00:39:52,440 --> 00:39:54,640
Speaker 4: Keewi Bank said and I was like, yep, that sounds

825
00:39:54,640 --> 00:39:56,799
Speaker 4: about right, because that looks like what we're seeing out there,

826
00:39:57,120 --> 00:40:00,399
Speaker 4: way too hard. Keiwibank's position is it is just way

827
00:40:00,480 --> 00:40:03,800
Speaker 4: too hard out there right now for people. Retail is suffering.

828
00:40:04,239 --> 00:40:07,280
Speaker 4: Everybody's having a hard time. We're clearly in a massive

829
00:40:07,360 --> 00:40:09,840
Speaker 4: recession of some sort, and you can't carry on like this,

830
00:40:09,920 --> 00:40:11,160
Speaker 4: and you're going to have to cut earlier than you

831
00:40:11,160 --> 00:40:13,120
Speaker 4: think you're going to have to cut, which will be November.

832
00:40:13,320 --> 00:40:13,440
Speaker 13: Now.

833
00:40:13,520 --> 00:40:16,279
Speaker 4: The reason that ASB says it's changed is because the

834
00:40:16,400 --> 00:40:19,800
Speaker 4: dynamic is really changing very quickly. This year. They're starting

835
00:40:19,840 --> 00:40:23,480
Speaker 4: to see inflation indicators soften really quickly. They reckon inflation

836
00:40:23,600 --> 00:40:25,399
Speaker 4: will be in the target one to three percent band

837
00:40:25,480 --> 00:40:29,719
Speaker 4: by the year's end. Households are clearly struggling, businesses are

838
00:40:29,719 --> 00:40:32,439
Speaker 4: starting to cut jobs, wage growth is slowing, and job

839
00:40:32,520 --> 00:40:34,880
Speaker 4: security worries are now on the up. So yay. If

840
00:40:34,920 --> 00:40:36,960
Speaker 4: there's going to be a little bit of good news,

841
00:40:37,040 --> 00:40:39,320
Speaker 4: it's that we can start to turn the corner in

842
00:40:39,400 --> 00:40:42,520
Speaker 4: November fourteen past five. Hither, what Chris Bishop was implying

843
00:40:42,640 --> 00:40:44,520
Speaker 4: is user pay, So it's the end user, not the

844
00:40:44,600 --> 00:40:47,760
Speaker 4: developer who pays. For example, a Milldale's development, the developer

845
00:40:47,800 --> 00:40:50,200
Speaker 4: didn't pay the development contribution. It was the house owner

846
00:40:50,200 --> 00:40:52,160
Speaker 4: who paid an extra five thousand dollars a year on

847
00:40:52,239 --> 00:40:54,600
Speaker 4: top of their rate for twenty years. So the end

848
00:40:54,719 --> 00:40:56,840
Speaker 4: user bears the cost, which, to be fair, is not

849
00:40:56,920 --> 00:40:59,600
Speaker 4: a bad idea, is it, Because that way it's not

850
00:40:59,680 --> 00:41:01,879
Speaker 4: the rate payer who should be the very last person

851
00:41:01,920 --> 00:41:04,520
Speaker 4: who's paying for this seventeen past five. Now Consumer New

852
00:41:04,600 --> 00:41:07,239
Speaker 4: Zealand is calling for a ban on sun beds. They

853
00:41:07,239 --> 00:41:09,680
Speaker 4: did a bit of mystery shopping and they found one

854
00:41:09,760 --> 00:41:12,040
Speaker 4: sunbed operator was very happy to let a fourteen year

855
00:41:12,080 --> 00:41:14,520
Speaker 4: old use the sun bed. Now that's illegal, And then

856
00:41:14,520 --> 00:41:17,200
Speaker 4: they also found several operators were happy to let a

857
00:41:17,400 --> 00:41:20,360
Speaker 4: very fair skinned person use the bed. Belinda Castle's is

858
00:41:20,360 --> 00:41:24,799
Speaker 4: an investigative writer for Consuming New Zealand and with us. Hey, Belinda, hi,

859
00:41:25,480 --> 00:41:27,680
Speaker 4: now is it the case that they're not allowed? Didn't

860
00:41:27,680 --> 00:41:29,640
Speaker 4: realize this, but are they not allowed to let a

861
00:41:29,800 --> 00:41:31,440
Speaker 4: very fair skinned person into the bed?

862
00:41:32,960 --> 00:41:35,759
Speaker 19: Unfortunately, it's not against the law because we have very

863
00:41:36,160 --> 00:41:38,600
Speaker 19: lax regulations when it comes to that. So the only

864
00:41:39,760 --> 00:41:42,000
Speaker 19: person that it's illegal to let in as an under eighteen.

865
00:41:42,120 --> 00:41:44,360
Speaker 19: That got changed in twenty seventeen.

866
00:41:44,560 --> 00:41:47,239
Speaker 4: And one of the operators did let an under eighteen

867
00:41:47,320 --> 00:41:47,719
Speaker 4: year old in.

868
00:41:48,920 --> 00:41:51,759
Speaker 19: They did so, I mean the under eteen did sign

869
00:41:51,800 --> 00:41:54,359
Speaker 19: the consent foreman, you know, ticked the box that they

870
00:41:54,840 --> 00:41:57,680
Speaker 19: were eighteen, but there was no verification of that age.

871
00:41:57,760 --> 00:41:58,719
Speaker 18: So you know, it's a bit like.

872
00:41:58,760 --> 00:42:01,440
Speaker 19: Buying alcohol, buying too. You really should be checking the

873
00:42:01,520 --> 00:42:04,080
Speaker 19: idea I mean, if a fourteen year old wants to

874
00:42:04,160 --> 00:42:06,360
Speaker 19: have a some bed, they're just going to take those boxes,

875
00:42:06,360 --> 00:42:06,719
Speaker 19: aren't they.

876
00:42:06,880 --> 00:42:08,920
Speaker 4: No, totally. Now, look, I don't think it's good that

877
00:42:09,400 --> 00:42:12,080
Speaker 4: this operator let the fourteen year old, and obviously, but

878
00:42:12,320 --> 00:42:14,680
Speaker 4: that is one rogue operator out of how many.

879
00:42:16,640 --> 00:42:20,400
Speaker 19: So we sent an underaged person to twenty three operators

880
00:42:20,560 --> 00:42:23,320
Speaker 19: in different regions across the country. So yeah, agreed, it

881
00:42:23,440 --> 00:42:27,480
Speaker 19: was only one, but we found more of the operators

882
00:42:27,520 --> 00:42:30,480
Speaker 19: actually let in a typeline or very fair skinned person

883
00:42:30,600 --> 00:42:34,080
Speaker 19: as well. So it's these two at risk groups are

884
00:42:34,160 --> 00:42:35,400
Speaker 19: really vulnerable.

885
00:42:35,080 --> 00:42:39,240
Speaker 4: Too, very vulnerable to skin cancer.

886
00:42:40,080 --> 00:42:40,680
Speaker 19: Skin cancer.

887
00:42:40,760 --> 00:42:43,560
Speaker 4: Yeah, okay, isn't the case. Somebody's just text me so

888
00:42:43,760 --> 00:42:45,719
Speaker 4: you're just doing a Joe Biden Belinda. That's okay, it's

889
00:42:45,760 --> 00:42:48,960
Speaker 4: very fashionable at the moment. Somebody was just texting me

890
00:42:49,000 --> 00:42:51,959
Speaker 4: saying sun bed's a banned in Australia because of skin cancer?

891
00:42:52,080 --> 00:42:52,480
Speaker 4: Is that true?

892
00:42:53,280 --> 00:42:55,879
Speaker 19: Yeah, that's correct. So the band over there. There's other

893
00:42:55,960 --> 00:42:59,200
Speaker 19: countries as well, Brazil, some countries in Europe have banned them,

894
00:42:59,320 --> 00:43:01,080
Speaker 19: and those that haven't banned them that you have a

895
00:43:01,160 --> 00:43:05,320
Speaker 19: lot tougher regulation. So we've got these voluntary regulations that

896
00:43:05,680 --> 00:43:09,400
Speaker 19: clearly voluntary is not working, so we should just ban them.

897
00:43:09,400 --> 00:43:12,000
Speaker 19: There's no need for them. There's no unless you have

898
00:43:12,040 --> 00:43:14,560
Speaker 19: a medical reason to use the s bed and if

899
00:43:14,600 --> 00:43:17,400
Speaker 19: that's the case, it should be under medical supervision with

900
00:43:17,560 --> 00:43:20,279
Speaker 19: a controlled uv UV light. But you know, for most

901
00:43:20,320 --> 00:43:22,640
Speaker 19: of us wanting to have some bed to get a tan,

902
00:43:22,920 --> 00:43:23,680
Speaker 19: there's no need.

903
00:43:24,000 --> 00:43:24,160
Speaker 2: Is it.

904
00:43:24,480 --> 00:43:27,400
Speaker 4: I mean, look, I don't use these things and I

905
00:43:27,440 --> 00:43:30,120
Speaker 4: don't see any like personally. I'm not into it obviously.

906
00:43:30,280 --> 00:43:34,239
Speaker 4: But there's one rogue operator is that it's not an

907
00:43:34,320 --> 00:43:36,640
Speaker 4: overreaction to ban something because of one bad dude.

908
00:43:37,960 --> 00:43:40,879
Speaker 19: Well, we've been mastery shopping some bed operators for more

909
00:43:40,920 --> 00:43:43,839
Speaker 19: than a decade, so you know, over the years we've

910
00:43:43,840 --> 00:43:46,560
Speaker 19: found other operators and again, as I said, it's a

911
00:43:46,640 --> 00:43:49,200
Speaker 19: fair skinned people. So it's not just us calling for

912
00:43:49,239 --> 00:43:52,000
Speaker 19: a ban either. It's a health agency, it's the cancer Society,

913
00:43:52,280 --> 00:43:55,000
Speaker 19: the dermatologists, you know obviously, the people that are dealing

914
00:43:55,120 --> 00:43:58,400
Speaker 19: with the impacts of skin cancer. So we're not just

915
00:43:58,520 --> 00:43:59,920
Speaker 19: the only ones that are asking for a.

916
00:44:00,480 --> 00:44:02,080
Speaker 4: All right, Belinda, thank you for talking us through to

917
00:44:02,080 --> 00:44:05,400
Speaker 4: appreciated Blinda Castle's consumer New Zealand investigative writer Heather I

918
00:44:05,560 --> 00:44:07,319
Speaker 4: have fair skin, and I use a tanning bed from

919
00:44:07,360 --> 00:44:09,320
Speaker 4: time to time. Surely it's my decision to use it.

920
00:44:11,960 --> 00:44:13,640
Speaker 4: I don't know if you've noticed this, but we've entered

921
00:44:13,680 --> 00:44:16,680
Speaker 4: a new era where nothing is your decision anymore. You can't.

922
00:44:17,360 --> 00:44:18,960
Speaker 4: We want to take your siggies away from you. We

923
00:44:19,040 --> 00:44:20,560
Speaker 4: want to take your son bed away from you, we

924
00:44:20,640 --> 00:44:22,719
Speaker 4: want to take your sugar away from you. We just

925
00:44:22,760 --> 00:44:24,400
Speaker 4: want to take everything away from you because you're a

926
00:44:24,520 --> 00:44:30,560
Speaker 4: very bad, very bad, immature adult doing these things to yourself. Now,

927
00:44:30,960 --> 00:44:33,640
Speaker 4: what was pointed out by obviously Bunk sarcastic. By the way,

928
00:44:33,680 --> 00:44:35,040
Speaker 4: of course, you can make your own decisions. You're a

929
00:44:35,040 --> 00:44:37,239
Speaker 4: grown up now. Anyway. Listen, we were talking before with

930
00:44:37,360 --> 00:44:41,080
Speaker 4: Darcy Waldgrave when Darcy would about Raiser's selection of the players,

931
00:44:41,080 --> 00:44:43,000
Speaker 4: and when he walked out the studio during the ad break,

932
00:44:43,080 --> 00:44:46,160
Speaker 4: he pointed out to me that the players that Raiser

933
00:44:46,239 --> 00:44:48,840
Speaker 4: has packed are all quite experienced players, right, there is

934
00:44:48,880 --> 00:44:51,960
Speaker 4: no new blood in there. And he and I then decided,

935
00:44:52,160 --> 00:44:54,440
Speaker 4: we decided between ourselves right then and there that that

936
00:44:54,600 --> 00:44:57,520
Speaker 4: is an indication that Raiser is absolutely feeling the pressure

937
00:44:57,760 --> 00:44:59,719
Speaker 4: because he has got to win this one, right, because

938
00:44:59,719 --> 00:45:02,520
Speaker 4: I mean, geez, they rolled Fozzy for him, so he's

939
00:45:02,600 --> 00:45:04,520
Speaker 4: got to win this. He can't take any chances with

940
00:45:04,600 --> 00:45:06,840
Speaker 4: new Blood. So we'll ask Sir John Kerwin about that.

941
00:45:06,880 --> 00:45:08,359
Speaker 4: He's going to be with us after half past five,

942
00:45:08,520 --> 00:45:11,080
Speaker 4: whether we're onto something here. Five twenty one find.

943
00:45:10,840 --> 00:45:13,360
Speaker 2: Your smart speaker on the iHeart app and in your

944
00:45:13,440 --> 00:45:16,160
Speaker 2: car on your drive home. Hither dup to see Allen

945
00:45:16,320 --> 00:45:19,160
Speaker 2: drive with one New Zealand let's get connected.

946
00:45:19,280 --> 00:45:22,480
Speaker 4: And news Talks said, be hither should we also ban

947
00:45:22,600 --> 00:45:24,319
Speaker 4: the fourteen year olds from some bathing in the sun

948
00:45:24,360 --> 00:45:26,120
Speaker 4: at the pools? I mean, Malcolm, obviously that would be

949
00:45:26,200 --> 00:45:28,200
Speaker 4: the logically consistent thing to do. Yes, thank you for

950
00:45:28,239 --> 00:45:30,080
Speaker 4: the idea. I'll pass it on to consuming New Zealand.

951
00:45:30,080 --> 00:45:32,759
Speaker 4: I'll look into that for you now. Five twenty four.

952
00:45:32,800 --> 00:45:34,960
Speaker 4: If you are listening at the start of the show,

953
00:45:35,040 --> 00:45:37,920
Speaker 4: you will have heard Henry ulsa Olsen, the US polster,

954
00:45:38,080 --> 00:45:40,800
Speaker 4: say that today it is looking more likely than not

955
00:45:40,960 --> 00:45:42,560
Speaker 4: that Joe Biden's going to pull out of the race.

956
00:45:42,640 --> 00:45:44,920
Speaker 4: That is not what we were saying on Monday. Right Monday,

957
00:45:44,960 --> 00:45:45,880
Speaker 4: it was like, na, he's going to be in the

958
00:45:45,960 --> 00:45:48,839
Speaker 4: race today, more likely than not he pulls out. That's

959
00:45:48,840 --> 00:45:50,839
Speaker 4: obviously not what Joe Biden is saying, because Joe Biden

960
00:45:50,920 --> 00:45:53,440
Speaker 4: is adamant to this point that he's not leaving. But

961
00:45:53,520 --> 00:45:55,520
Speaker 4: Joe Biden will say that until the very minute that

962
00:45:55,560 --> 00:45:57,960
Speaker 4: he actually announces that he is leaving, because that is

963
00:45:58,040 --> 00:46:00,880
Speaker 4: how politics works. And it is more more likely now

964
00:46:00,920 --> 00:46:03,200
Speaker 4: that he leaves because of the stuff that's happened in

965
00:46:03,239 --> 00:46:05,200
Speaker 4: the last twenty four hours. One of the most damaging

966
00:46:05,320 --> 00:46:08,120
Speaker 4: thing that's happened is that Reid Hastings, who's the co

967
00:46:08,280 --> 00:46:11,719
Speaker 4: founder of Netflix and a mega donor to the Democrats,

968
00:46:11,960 --> 00:46:14,239
Speaker 4: has gone public and said Biden needs to step down.

969
00:46:14,320 --> 00:46:15,880
Speaker 4: He spoke to The New York Times. He said he

970
00:46:15,960 --> 00:46:18,960
Speaker 4: needs to step aside to allow a vigorous Democratic leader

971
00:46:19,000 --> 00:46:21,719
Speaker 4: to beat Trump and keep us safe and prosperous. Now

972
00:46:21,760 --> 00:46:23,680
Speaker 4: that makes him one of the first major donors to

973
00:46:23,760 --> 00:46:27,480
Speaker 4: break ranks. Now that he's done it, watch others will

974
00:46:27,520 --> 00:46:30,640
Speaker 4: do it too, because that's how politics works. Another damaging

975
00:46:30,760 --> 00:46:34,640
Speaker 4: thing is that the Wall Street Journal has put out

976
00:46:34,640 --> 00:46:36,680
Speaker 4: a poll that shows that Trump now has a six

977
00:46:36,760 --> 00:46:39,839
Speaker 4: point lead over Biden. Now that is the widest lead

978
00:46:39,880 --> 00:46:42,680
Speaker 4: that Trump has had in almost three years. Makes it

979
00:46:42,960 --> 00:46:45,600
Speaker 4: very very hard for Biden to beat Trump because Biden

980
00:46:45,640 --> 00:46:47,600
Speaker 4: in order to win, he needs a two point lead

981
00:46:47,840 --> 00:46:51,640
Speaker 4: and he's now six points behind. Also, yes, it's not over. Also,

982
00:46:51,760 --> 00:46:54,680
Speaker 4: there are reports that Biden is privately considering stepping down.

983
00:46:54,960 --> 00:46:58,239
Speaker 4: Somebody's leak that that's damaging. Also there are reports that

984
00:46:58,320 --> 00:47:01,640
Speaker 4: they are now seriously considering Karrmla Hah Harris's replacement. Someone's

985
00:47:01,719 --> 00:47:05,560
Speaker 4: leak that that's also damaging. What this shows you is

986
00:47:05,600 --> 00:47:08,120
Speaker 4: that you just can't gaslight people, no matter how hard

987
00:47:08,160 --> 00:47:10,960
Speaker 4: the Democrats have tried. You can't pretend something that people

988
00:47:11,040 --> 00:47:13,760
Speaker 4: can see is happening is not happening. The Biden camp

989
00:47:13,920 --> 00:47:16,719
Speaker 4: has tried very, very very hard to gas light people

990
00:47:17,000 --> 00:47:19,239
Speaker 4: since Friday. They said it was a cold, they said

991
00:47:19,239 --> 00:47:21,040
Speaker 4: it was jet lag. They said it was just a

992
00:47:21,120 --> 00:47:23,920
Speaker 4: bad night. They said you have bad debates. Sometimes. They

993
00:47:24,040 --> 00:47:26,680
Speaker 4: rolled out Barack Obama, they rolled out Jel Biden. That

994
00:47:26,719 --> 00:47:29,200
Speaker 4: has rolled out the governors today. But in the end,

995
00:47:29,560 --> 00:47:32,520
Speaker 4: people saw what they saw. And now, being the fickle

996
00:47:32,640 --> 00:47:36,439
Speaker 4: person that I am, I'm changing my prediction. Hey's gone

997
00:47:36,920 --> 00:47:37,880
Speaker 4: not going to stick it out.

998
00:47:39,360 --> 00:47:41,600
Speaker 1: Together. Do for see Ellen, Okay, listen to this.

999
00:47:42,480 --> 00:47:45,080
Speaker 4: On this show, we often get texts, right, they come

1000
00:47:45,160 --> 00:47:46,920
Speaker 4: through the text machine. They give us a little heads up,

1001
00:47:47,320 --> 00:47:50,040
Speaker 4: because you wouldn't believe that the caliber of people who

1002
00:47:50,120 --> 00:47:52,960
Speaker 4: listen right who know what's going on and tell you

1003
00:47:53,080 --> 00:47:55,319
Speaker 4: what's going on. And we get a lot of text

1004
00:47:55,360 --> 00:47:57,080
Speaker 4: saying this is really what's going on. It's not been

1005
00:47:57,120 --> 00:47:59,280
Speaker 4: reported in the media. Here's an example of what happens

1006
00:47:59,320 --> 00:48:01,560
Speaker 4: to those texts. There was a story today in the

1007
00:48:01,640 --> 00:48:04,879
Speaker 4: Herald right about the inter Islanders Kai Tucky Fairy, which

1008
00:48:04,880 --> 00:48:06,960
Speaker 4: was missing one of its two stabilizer fins for more

1009
00:48:07,000 --> 00:48:09,440
Speaker 4: than eighteen months, which is why all of the sailings

1010
00:48:09,480 --> 00:48:11,960
Speaker 4: by the I knew something was up. The inter Islander

1011
00:48:12,040 --> 00:48:14,160
Speaker 4: sailings were all canceled, but the Bluebridge was still going

1012
00:48:14,200 --> 00:48:17,440
Speaker 4: in the rough seas because they couldn't handle the swells

1013
00:48:17,480 --> 00:48:20,960
Speaker 4: without the stabilizer fin. That text that told us that

1014
00:48:21,080 --> 00:48:23,719
Speaker 4: that was happening came through on Tuesday night. I'm not

1015
00:48:23,760 --> 00:48:25,359
Speaker 4: going to say who from in case he gets in trouble.

1016
00:48:26,040 --> 00:48:28,640
Speaker 4: I sent it through to Georgia Campbell on Tuesday night

1017
00:48:28,680 --> 00:48:30,359
Speaker 4: when I got it. She's my friend at the Herald.

1018
00:48:30,360 --> 00:48:33,040
Speaker 4: She's been doing all the KiwiRail yarns. She checked it

1019
00:48:33,080 --> 00:48:35,400
Speaker 4: out bang on, wrote the story. It's in the paper

1020
00:48:35,480 --> 00:48:37,719
Speaker 4: this morning now to be fair to George, she had

1021
00:48:37,800 --> 00:48:40,040
Speaker 4: actually heard it herself, but the text was basically the

1022
00:48:40,080 --> 00:48:42,360
Speaker 4: same thing she'd heard, so away she went and she

1023
00:48:42,440 --> 00:48:45,040
Speaker 4: wrote the story, obviously after checking it out.

1024
00:48:45,200 --> 00:48:45,520
Speaker 7: Anyway.

1025
00:48:45,840 --> 00:48:48,719
Speaker 4: The reason I'm telling you that is because that is

1026
00:48:48,840 --> 00:48:50,840
Speaker 4: not the first time that has happened, and hopefully that

1027
00:48:50,880 --> 00:48:52,600
Speaker 4: will not be the last time it's happened. So if

1028
00:48:52,719 --> 00:48:56,000
Speaker 4: you know what's going out there, then let us know,

1029
00:48:56,600 --> 00:48:58,600
Speaker 4: because I will do my very best to make sure

1030
00:48:58,960 --> 00:49:02,080
Speaker 4: that everybody then what you know, see what I'm doing here?

1031
00:49:02,360 --> 00:49:05,480
Speaker 4: Oh yeah, So John Couwin with us Next on rass

1032
00:49:05,520 --> 00:49:06,240
Speaker 4: Pecks Headlines.

1033
00:49:06,320 --> 00:49:07,200
Speaker 9: Next the.

1034
00:49:11,920 --> 00:49:15,680
Speaker 2: Heather dupaicy Ellen cutting through the noise to get the facts.

1035
00:49:16,200 --> 00:49:19,000
Speaker 2: It's Heather dup to see Allen drive with one New

1036
00:49:19,080 --> 00:49:21,840
Speaker 2: Zealand let's get connected and news talk as that'd be.

1037
00:49:22,120 --> 00:49:29,600
Speaker 4: Who know, Well, jeez, that worked. I've got my first

1038
00:49:29,680 --> 00:49:32,000
Speaker 4: did you know? Text about the health sector? Thank you

1039
00:49:32,120 --> 00:49:33,560
Speaker 4: for that. I'm going to read that and then I'm

1040
00:49:33,600 --> 00:49:35,239
Speaker 4: going to pass it on to the relevant reporter and

1041
00:49:35,280 --> 00:49:37,320
Speaker 4: we'll see if it makes the herald. The Huddle is

1042
00:49:37,320 --> 00:49:38,719
Speaker 4: standing by to have a chat to us. We've got

1043
00:49:38,800 --> 00:49:44,560
Speaker 4: David Farrer and debuting today, Rob Campbell as in Rob Rob,

1044
00:49:44,640 --> 00:49:47,080
Speaker 4: the chatty one from House New Zealand, which I appreciate

1045
00:49:47,160 --> 00:49:48,839
Speaker 4: it the opinions because that's why he's on the huddle.

1046
00:49:49,000 --> 00:49:51,439
Speaker 4: So anyway, we'll be dealing with him very shortly after

1047
00:49:51,520 --> 00:49:53,320
Speaker 4: six o'clock. We're going to talk about ird because I

1048
00:49:53,320 --> 00:49:55,040
Speaker 4: already has done a crackdown on people who've got the

1049
00:49:55,040 --> 00:49:56,719
Speaker 4: crypto assets all they are in the middle of it,

1050
00:49:57,080 --> 00:49:58,440
Speaker 4: in the middle of cracking down on people with the

1051
00:49:58,480 --> 00:50:00,759
Speaker 4: crypto assets and the crypto curR andcy, but who are

1052
00:50:00,840 --> 00:50:03,879
Speaker 4: not paying tax on this iad he's got a whole

1053
00:50:03,880 --> 00:50:06,960
Speaker 4: bunch of data and from that they've identified two hundred

1054
00:50:07,000 --> 00:50:10,400
Speaker 4: and twenty seven thousand people who they reckon are doing

1055
00:50:10,440 --> 00:50:13,600
Speaker 4: about seven million transactions with get this a value of

1056
00:50:13,680 --> 00:50:16,839
Speaker 4: seven point eight billion dollars, and they want their tax.

1057
00:50:17,400 --> 00:50:19,120
Speaker 4: So they wrote to some of them late last year,

1058
00:50:19,200 --> 00:50:21,120
Speaker 4: what they call high risk individuals, wrote to them late

1059
00:50:21,200 --> 00:50:23,520
Speaker 4: last year, told them to sort it out. No indication

1060
00:50:23,600 --> 00:50:25,520
Speaker 4: as to whether they've actually sorted it out or not.

1061
00:50:25,680 --> 00:50:28,839
Speaker 4: Bruce Binaki, the tax partner at Denton's Kensington Swan, will

1062
00:50:28,840 --> 00:50:30,560
Speaker 4: be with us after six right now, it's twenty three

1063
00:50:30,560 --> 00:50:31,160
Speaker 4: away from six.

1064
00:50:31,840 --> 00:50:34,680
Speaker 1: To ever do for c Ellen Scott.

1065
00:50:34,840 --> 00:50:38,240
Speaker 4: Raiser Robertson has named his first ever Test match squad

1066
00:50:38,320 --> 00:50:40,879
Speaker 4: as the AB's coach. Bad day for Boden Barrett because

1067
00:50:40,880 --> 00:50:43,880
Speaker 4: Boden missed out on fullback seven Peraffecta got that he

1068
00:50:43,920 --> 00:50:46,160
Speaker 4: missed out on first five. Damian McKenzie got that. Sir

1069
00:50:46,280 --> 00:50:48,480
Speaker 4: John Kerwin is a former All Black high JK.

1070
00:50:49,400 --> 00:50:49,800
Speaker 13: How are we?

1071
00:50:50,200 --> 00:50:53,359
Speaker 4: I'm very well, I'm very well. I'm having a better day,

1072
00:50:53,400 --> 00:50:55,880
Speaker 4: I think than Boden baroners. So tell me why do

1073
00:50:56,040 --> 00:50:59,640
Speaker 4: you think Raiser picked Stephen Perafetta over body in fullback?

1074
00:51:00,800 --> 00:51:04,160
Speaker 13: I think a body's been in Japan playing so he

1075
00:51:04,200 --> 00:51:08,080
Speaker 13: hasn't had any super rugby, just got back, and I

1076
00:51:08,200 --> 00:51:10,840
Speaker 13: think it's a really wise choice. I think, you know,

1077
00:51:11,000 --> 00:51:12,879
Speaker 13: Boden will need a little bit of time to get

1078
00:51:12,960 --> 00:51:17,839
Speaker 13: back at that level. So and Stephen Perefetta has been,

1079
00:51:18,719 --> 00:51:22,839
Speaker 13: you know, a form player in the last few weeks,

1080
00:51:22,880 --> 00:51:24,800
Speaker 13: although he has been injured. You know, I think Boden,

1081
00:51:25,200 --> 00:51:27,759
Speaker 13: for me, he goes down and led jury status because

1082
00:51:27,760 --> 00:51:29,440
Speaker 13: he could have left. But he's coming back and I

1083
00:51:29,480 --> 00:51:32,120
Speaker 13: think we'll see him, although he probably might not be

1084
00:51:32,400 --> 00:51:34,560
Speaker 13: that happy with sitting on the bench and el for time.

1085
00:51:34,640 --> 00:51:37,080
Speaker 13: Force his way in. We might see him a little bit,

1086
00:51:37,719 --> 00:51:41,680
Speaker 13: you know, just coming on late to solve problem situations.

1087
00:51:42,600 --> 00:51:45,360
Speaker 4: And so obviously the same reason for picking Damien McKenzie

1088
00:51:45,480 --> 00:51:47,520
Speaker 4: over Boden Barrett and the number ten Jersey. Do you

1089
00:51:47,560 --> 00:51:50,560
Speaker 4: everckon Damien's actually good enough? Like I'm a fan of his,

1090
00:51:50,719 --> 00:51:50,880
Speaker 4: are you?

1091
00:51:51,880 --> 00:51:54,120
Speaker 13: Yeah, I'm a really big fan. I think he brings

1092
00:51:54,200 --> 00:51:57,120
Speaker 13: a different dimension to the game. And I think the

1093
00:51:57,200 --> 00:51:59,879
Speaker 13: most important thing with damiens led him to play ten

1094
00:52:00,600 --> 00:52:02,920
Speaker 13: the way he likes to play it. That means players

1095
00:52:02,920 --> 00:52:05,319
Speaker 13: around him might need to adjust. So I think when

1096
00:52:05,320 --> 00:52:07,600
Speaker 13: you got someone like Damien McKenzie at ten, you do

1097
00:52:07,840 --> 00:52:10,360
Speaker 13: need to think about what's going on around him and

1098
00:52:10,440 --> 00:52:12,600
Speaker 13: how we can really free him up. I think you'll

1099
00:52:12,600 --> 00:52:14,960
Speaker 13: see him play a little bit in the backfield, so

1100
00:52:15,080 --> 00:52:18,040
Speaker 13: him and Stephen Peifetta might swap a wee bit so

1101
00:52:18,160 --> 00:52:20,800
Speaker 13: that there kicks back. You might even see both of

1102
00:52:20,840 --> 00:52:23,439
Speaker 13: them back there. So I think that's really exciting because

1103
00:52:23,440 --> 00:52:25,400
Speaker 13: if you give Damien any space, he's really going to

1104
00:52:25,480 --> 00:52:25,719
Speaker 13: take it.

1105
00:52:26,000 --> 00:52:29,200
Speaker 4: Yeah, we were speculating before that. What's been pointed out

1106
00:52:29,320 --> 00:52:31,719
Speaker 4: is that Razor has picked a team of people who

1107
00:52:31,840 --> 00:52:34,000
Speaker 4: have played before, who've got experience under the belt, and

1108
00:52:34,040 --> 00:52:36,120
Speaker 4: we were speculating before that that's an indication that he

1109
00:52:36,320 --> 00:52:38,839
Speaker 4: is himself feeling the pressure that he needs to win

1110
00:52:39,000 --> 00:52:39,680
Speaker 4: this first test.

1111
00:52:39,760 --> 00:52:42,680
Speaker 13: What do you think, Oh, he's an all back couch.

1112
00:52:42,719 --> 00:52:44,680
Speaker 13: He needs to win first. I'm sure he's got a

1113
00:52:44,719 --> 00:52:48,360
Speaker 13: big plan in place about bringing new players through, but

1114
00:52:48,560 --> 00:52:50,920
Speaker 13: he needs to win test matches in New Zealand. Public

1115
00:52:51,000 --> 00:52:55,960
Speaker 13: demand that, and I would say it's the wisest thing

1116
00:52:56,040 --> 00:52:58,600
Speaker 13: he could have done. You know, he's had a lot

1117
00:52:58,640 --> 00:53:01,759
Speaker 13: of retirements, he's had a lot of big players that

1118
00:53:01,840 --> 00:53:05,319
Speaker 13: have left, but he has actually gone right, Okay, here

1119
00:53:05,360 --> 00:53:07,920
Speaker 13: we go. We've got enough experience in this team. This

1120
00:53:08,080 --> 00:53:10,200
Speaker 13: is a really good English side as well. I think that,

1121
00:53:11,320 --> 00:53:13,200
Speaker 13: you know, they've had a chance to go and Japan

1122
00:53:13,640 --> 00:53:15,719
Speaker 13: and have a warm up game. So I think it

1123
00:53:15,840 --> 00:53:17,960
Speaker 13: was really really wise. I thought there might be a

1124
00:53:18,040 --> 00:53:20,440
Speaker 13: couple of you know, a couple of guys on the

1125
00:53:20,520 --> 00:53:23,479
Speaker 13: bench that might be new Caps, but I understand fully

1126
00:53:23,480 --> 00:53:24,399
Speaker 13: ways and gone that way.

1127
00:53:24,640 --> 00:53:27,319
Speaker 4: Hey, were you at the government's mental health announcement today?

1128
00:53:28,280 --> 00:53:31,360
Speaker 13: I was. I was really stoked to be there actually,

1129
00:53:31,600 --> 00:53:36,000
Speaker 13: and they I think they are. Look, there's three things

1130
00:53:36,040 --> 00:53:38,880
Speaker 13: that are really really important for me. You cannot centralize

1131
00:53:38,920 --> 00:53:42,360
Speaker 13: mental health, so it needs to be a community issue.

1132
00:53:42,760 --> 00:53:45,440
Speaker 13: There are some amazing you know, I travel the country.

1133
00:53:45,440 --> 00:53:48,480
Speaker 13: There's some amazing people in the community that are doing

1134
00:53:48,520 --> 00:53:50,960
Speaker 13: great mental health work. So we need to finance them.

1135
00:53:52,080 --> 00:53:54,359
Speaker 13: The second thing is we've got to start talking about

1136
00:53:54,440 --> 00:53:57,000
Speaker 13: prevented a mental health How do we stop pushing people

1137
00:53:57,080 --> 00:54:00,160
Speaker 13: off the cliff? And you know, I think I think

1138
00:54:00,800 --> 00:54:03,040
Speaker 13: what this government has said. If we give ten million

1139
00:54:03,080 --> 00:54:06,040
Speaker 13: this year and these people come back to us and

1140
00:54:06,080 --> 00:54:08,560
Speaker 13: say this is working in the community. We've got this

1141
00:54:08,680 --> 00:54:11,320
Speaker 13: program that's working, here's the proof, they are going to

1142
00:54:11,440 --> 00:54:15,400
Speaker 13: extend on that money. So community is where it's at.

1143
00:54:15,719 --> 00:54:18,240
Speaker 13: And if you're out there and you've got these programs

1144
00:54:18,320 --> 00:54:20,200
Speaker 13: in place where you know you're making a different to

1145
00:54:20,280 --> 00:54:22,520
Speaker 13: mental health, then I would say apply for it. I

1146
00:54:22,560 --> 00:54:25,080
Speaker 13: think it's and innovation is the word we need. You know,

1147
00:54:25,160 --> 00:54:27,680
Speaker 13: this is a worldwide problem, as you know. I mean,

1148
00:54:27,719 --> 00:54:31,200
Speaker 13: there's eight hundred thousand people committed suicide last year, right,

1149
00:54:31,840 --> 00:54:33,799
Speaker 13: so this is a crisis around the world, and our

1150
00:54:33,840 --> 00:54:36,840
Speaker 13: beautiful little country is way up there in the bad stats.

1151
00:54:37,320 --> 00:54:39,040
Speaker 13: So what we've been doing, and I don't think this

1152
00:54:39,160 --> 00:54:41,400
Speaker 13: is anyone's fault what we've been doing is not working,

1153
00:54:41,960 --> 00:54:44,840
Speaker 13: so we need to try and attack this differently. So innovation.

1154
00:54:45,400 --> 00:54:48,160
Speaker 13: Giving money to the community, then proving back that it

1155
00:54:48,239 --> 00:54:50,719
Speaker 13: works and then giving them more money is definitely what

1156
00:54:50,800 --> 00:54:51,680
Speaker 13: I think we should be done.

1157
00:54:52,040 --> 00:54:54,600
Speaker 4: John, thank you very much, really appreciate, Sir John kerb

1158
00:54:54,680 --> 00:54:56,680
Speaker 4: and former All Black and of course mental health advocate

1159
00:54:57,360 --> 00:54:59,719
Speaker 4: heither I reckon Joe Biden's best decision would be to

1160
00:54:59,719 --> 00:55:02,680
Speaker 4: stay away from grassy knoles and book depository. Steve thank

1161
00:55:02,760 --> 00:55:05,799
Speaker 4: you nineteen away from six the Huddle with.

1162
00:55:05,960 --> 00:55:10,640
Speaker 2: New Zealand Southeby's International Realty exceptional marketing for every property

1163
00:55:10,800 --> 00:55:11,440
Speaker 2: on the huddle.

1164
00:55:11,200 --> 00:55:13,719
Speaker 4: Of this This evening got David Farrakuria Polster obviously runs

1165
00:55:13,800 --> 00:55:16,520
Speaker 4: Kiwi blog as well and Rob Campbell at Chancellor, former

1166
00:55:16,560 --> 00:55:20,560
Speaker 4: Health New Zealand share Hello lads, Hello hy Rob. How

1167
00:55:20,560 --> 00:55:22,880
Speaker 4: are you feeling about It's your first time? You're nervous?

1168
00:55:24,680 --> 00:55:27,400
Speaker 11: Well, yeah, there's two people like here. I'm very nervous.

1169
00:55:27,719 --> 00:55:29,920
Speaker 11: I'll just struggle to try and get through that, Sir JK.

1170
00:55:30,120 --> 00:55:33,160
Speaker 11: Sounds like it will help me If I can't, don't worry.

1171
00:55:33,239 --> 00:55:35,080
Speaker 4: David will be gentle on you. David, what do you

1172
00:55:35,160 --> 00:55:40,600
Speaker 4: make less nervous. Oh, everybody's less route nervous than Razor.

1173
00:55:40,640 --> 00:55:44,319
Speaker 4: This week got even Biden's less rute nervous than Razor. Listen,

1174
00:55:44,400 --> 00:55:46,600
Speaker 4: what do you make, David of Chris Bishop's plan to

1175
00:55:46,600 --> 00:55:47,920
Speaker 4: flood the cities with more housing.

1176
00:55:49,000 --> 00:55:52,239
Speaker 17: I am a huge fan and the reta fan is

1177
00:55:53,000 --> 00:55:55,000
Speaker 17: there's a metra and I've been saying it.

1178
00:55:55,040 --> 00:55:55,759
Speaker 5: For a few years.

1179
00:55:55,840 --> 00:55:58,840
Speaker 17: You have to build both up and out. You can't

1180
00:55:58,960 --> 00:56:02,359
Speaker 17: just do one to urban sprawl when you don't intensify

1181
00:56:03,000 --> 00:56:06,600
Speaker 17: won't work. If you only intensify but you don't allow

1182
00:56:07,600 --> 00:56:11,960
Speaker 17: more growth won't work either. And that is like the

1183
00:56:11,960 --> 00:56:15,640
Speaker 17: actually prolifically husky does because you really may see house

1184
00:56:15,719 --> 00:56:19,800
Speaker 17: pipes stop here, things like getting rid of the minimum

1185
00:56:20,000 --> 00:56:23,399
Speaker 17: size of the balconies might not senty eighty thousand dollar

1186
00:56:23,520 --> 00:56:28,600
Speaker 17: top apartments. But also I really like that they're saying, yeah,

1187
00:56:28,640 --> 00:56:31,040
Speaker 17: everyone's said you need to plan for thirty years of growth,

1188
00:56:31,120 --> 00:56:33,560
Speaker 17: but the key difference is they're now saying, don't just

1189
00:56:33,680 --> 00:56:36,520
Speaker 17: release a couple of years at a time, release the

1190
00:56:36,640 --> 00:56:40,359
Speaker 17: thirty years now, because that actually should see lamb pip

1191
00:56:40,440 --> 00:56:43,080
Speaker 17: has stop. So we'll see how it goes. But I'm

1192
00:56:43,120 --> 00:56:44,920
Speaker 17: it's really very very possible.

1193
00:56:45,080 --> 00:56:45,279
Speaker 6: Yeah.

1194
00:56:45,640 --> 00:56:47,160
Speaker 4: The wrinkle in all of this, well, there's a bunch

1195
00:56:47,160 --> 00:56:49,239
Speaker 4: of wrinkles, Rob, But one of the wrinkles is who

1196
00:56:49,360 --> 00:56:52,520
Speaker 4: pays for the infrastructure underneath those developments. The developers say

1197
00:56:52,560 --> 00:56:54,960
Speaker 4: they don't want to, but if a push came to shaft,

1198
00:56:55,000 --> 00:56:55,840
Speaker 4: do you think they would.

1199
00:56:57,560 --> 00:57:00,279
Speaker 11: Well, some developers would have the economic stack up, but

1200
00:57:00,400 --> 00:57:02,680
Speaker 11: it is a crucial issue. It's one thing to sort

1201
00:57:02,719 --> 00:57:08,520
Speaker 11: of throw both regulations in space wide open or further open.

1202
00:57:08,920 --> 00:57:11,320
Speaker 11: It's another thing to have the infrastructure in place that

1203
00:57:11,440 --> 00:57:13,600
Speaker 11: can support that. And that's a problem not just out

1204
00:57:13,640 --> 00:57:16,040
Speaker 11: on the fringe of our cities a place like Tarmaki,

1205
00:57:16,480 --> 00:57:18,280
Speaker 11: but it's an issue in the inner city as well,

1206
00:57:18,360 --> 00:57:20,560
Speaker 11: where it's all very well to say the infrastructure is

1207
00:57:20,560 --> 00:57:23,960
Speaker 11: already there, but the infrastructure is stuffed. So there's a

1208
00:57:24,040 --> 00:57:26,880
Speaker 11: much bigger issue facing the government. And just this kind

1209
00:57:26,880 --> 00:57:29,440
Speaker 11: of loosen up the regulations around the place and everything

1210
00:57:29,480 --> 00:57:31,520
Speaker 11: will be all right. That's simply not true.

1211
00:57:32,600 --> 00:57:34,680
Speaker 4: How do you feel, Rob about shoebox apartments.

1212
00:57:36,640 --> 00:57:38,840
Speaker 11: Well, I don't think Chris Budget lives in one. I

1213
00:57:38,960 --> 00:57:42,520
Speaker 11: certainly don't. And you know, there's a role for relatively

1214
00:57:42,640 --> 00:57:46,520
Speaker 11: small apartments, but there's some pretty small ones built. Again,

1215
00:57:46,920 --> 00:57:49,360
Speaker 11: talking mainly about the city in Turnkey, where I live,

1216
00:57:50,240 --> 00:57:52,240
Speaker 11: there are some pretty small ones built, and they don't

1217
00:57:52,320 --> 00:57:56,560
Speaker 11: leave very satisfactory living conditions for lots of family types. Now,

1218
00:57:56,720 --> 00:58:00,360
Speaker 11: for some people living on their own may be small

1219
00:58:00,440 --> 00:58:04,160
Speaker 11: families maybe, but I don't think we sold our housing

1220
00:58:04,240 --> 00:58:07,320
Speaker 11: crisis by building a lot of tiny apartments or indeed

1221
00:58:07,400 --> 00:58:12,280
Speaker 11: by checking portable homes on the back of sections. There

1222
00:58:12,320 --> 00:58:15,320
Speaker 11: are some sort of short run attractions to that, but

1223
00:58:15,440 --> 00:58:18,360
Speaker 11: it's not a way to address good, healthy living standards

1224
00:58:18,400 --> 00:58:19,640
Speaker 11: for our growing population.

1225
00:58:19,840 --> 00:58:22,480
Speaker 4: Oh, David, I'm okay with it because I've lived in

1226
00:58:22,520 --> 00:58:24,800
Speaker 4: a tiny apartment and I know it's just a temporary thing,

1227
00:58:24,920 --> 00:58:27,200
Speaker 4: right you just it gets you on the property ladder.

1228
00:58:28,120 --> 00:58:30,520
Speaker 11: I think that's a key. No one I think would

1229
00:58:30,560 --> 00:58:32,800
Speaker 11: say that yoused to have been forty years withing a

1230
00:58:33,000 --> 00:58:37,560
Speaker 11: tiny apartment, but for people their first home to get.

1231
00:58:37,480 --> 00:58:40,920
Speaker 17: There when you're single and you're working late and you

1232
00:58:41,160 --> 00:58:41,440
Speaker 17: need a.

1233
00:58:41,440 --> 00:58:42,360
Speaker 11: Place to craft.

1234
00:58:42,600 --> 00:58:45,200
Speaker 17: I know some very actually quite well off people who

1235
00:58:45,240 --> 00:58:49,200
Speaker 17: are really tiny houses because they prefer that it's actually

1236
00:58:49,320 --> 00:58:53,000
Speaker 17: easier to maintain. Two key is that you want to

1237
00:58:53,080 --> 00:58:55,640
Speaker 17: make sure you don't end up with people stuck in

1238
00:58:55,760 --> 00:58:58,960
Speaker 17: these for decades and decades. Yeah, that's a fact.

1239
00:59:00,120 --> 00:59:02,360
Speaker 11: You've got to watch this idea of a property ladder too.

1240
00:59:02,440 --> 00:59:05,280
Speaker 11: People forget that ladders go up and down. And it's

1241
00:59:05,360 --> 00:59:07,480
Speaker 11: one thing to get into some of these places and

1242
00:59:07,600 --> 00:59:09,520
Speaker 11: think that you're on a property ladder going up. But

1243
00:59:09,600 --> 00:59:11,720
Speaker 11: you've got to remember part of the logic this is

1244
00:59:11,800 --> 00:59:15,440
Speaker 11: to drive house prices down. So people buying these things now,

1245
00:59:15,600 --> 00:59:18,200
Speaker 11: not on any way entering into a ladder that's guaranteed

1246
00:59:18,200 --> 00:59:19,040
Speaker 11: to always go up.

1247
00:59:19,240 --> 00:59:21,040
Speaker 4: No, we'll certainly we're seeing that at the moment, aren't we.

1248
00:59:21,080 --> 00:59:22,560
Speaker 4: That's a fair point. All right, guys, will take a break,

1249
00:59:22,600 --> 00:59:24,560
Speaker 4: come back to you shortly fourteen away from six.

1250
00:59:25,200 --> 00:59:29,480
Speaker 2: The Huddle with New Zealand Southeby's International Realty Unparalleled reach

1251
00:59:29,680 --> 00:59:30,320
Speaker 2: and Results.

1252
00:59:30,360 --> 00:59:32,480
Speaker 4: Back with the Huddle, Rob Campbell and David Farrell. Rob

1253
00:59:32,560 --> 00:59:34,720
Speaker 4: our consumer wants us to ban some beds, should we.

1254
00:59:37,680 --> 00:59:39,680
Speaker 11: I'm not a fan of some beds, I've got to

1255
00:59:39,760 --> 00:59:43,120
Speaker 11: say so. I certainly wouldn't care if they were banned,

1256
00:59:44,040 --> 00:59:46,720
Speaker 11: So it's not something that excoes my mind a heck

1257
00:59:46,760 --> 00:59:48,360
Speaker 11: a lot. Really, if you can afford to have a

1258
00:59:48,440 --> 00:59:50,520
Speaker 11: sun bed and you're stupid enough to have one, I

1259
00:59:50,640 --> 00:59:51,040
Speaker 11: don't have a.

1260
00:59:51,040 --> 00:59:51,800
Speaker 5: Big problem with it.

1261
00:59:52,200 --> 00:59:55,000
Speaker 4: Well, David, I don't use these things either, but I figure,

1262
00:59:55,040 --> 00:59:57,280
Speaker 4: if if it brings you happiness, if it makes you happy,

1263
00:59:57,520 --> 01:00:01,800
Speaker 4: make sure what might have What Dan, do you think

1264
01:00:01,840 --> 01:00:03,240
Speaker 4: I've got in the middle of bloody.

1265
01:00:02,920 --> 01:00:07,760
Speaker 17: When I wonder I know, yes, said I think you're

1266
01:00:07,880 --> 01:00:09,520
Speaker 17: stupid if you use sunbeads.

1267
01:00:09,960 --> 01:00:10,920
Speaker 13: They go hell for us.

1268
01:00:11,040 --> 01:00:14,480
Speaker 17: But people have the right to be stupid. People want

1269
01:00:14,560 --> 01:00:20,080
Speaker 17: to take the risk, and you know, do as long

1270
01:00:20,240 --> 01:00:24,600
Speaker 17: as you the institutions that provide them following the law,

1271
01:00:25,360 --> 01:00:29,040
Speaker 17: especially you. But concerning what consumers said that some young

1272
01:00:29,120 --> 01:00:30,080
Speaker 17: people will have been.

1273
01:00:29,960 --> 01:00:31,360
Speaker 4: About, yeah, that's illegal.

1274
01:00:31,960 --> 01:00:33,440
Speaker 17: That comes down to enforcement.

1275
01:00:34,320 --> 01:00:37,320
Speaker 4: Yeah, totally. Robert. I don't know if you know this,

1276
01:00:37,440 --> 01:00:39,400
Speaker 4: but because you were once running Health New Zealand, I

1277
01:00:39,480 --> 01:00:41,120
Speaker 4: expect you to do you do they Do you get

1278
01:00:41,200 --> 01:00:42,440
Speaker 4: vitamin D out of a sun bed?

1279
01:00:44,280 --> 01:00:44,440
Speaker 11: Oh?

1280
01:00:44,680 --> 01:00:45,040
Speaker 17: Cragy?

1281
01:00:45,160 --> 01:00:49,400
Speaker 11: That's for clinical question, no idea. I certainly don't.

1282
01:00:49,800 --> 01:00:51,680
Speaker 4: I was trying to find a positive and hey, listen,

1283
01:00:51,720 --> 01:00:53,400
Speaker 4: what do you reckon, rob Is Biden's going to quit

1284
01:00:53,480 --> 01:00:54,720
Speaker 4: after the last twenty four hours.

1285
01:00:56,040 --> 01:00:57,600
Speaker 11: Look, it doesn't look to me as if he is.

1286
01:00:57,680 --> 01:00:59,480
Speaker 11: I mean, I watched this with the same kind of

1287
01:00:59,560 --> 01:01:03,200
Speaker 11: horror and destination that most people do, I guess, but

1288
01:01:03,400 --> 01:01:05,960
Speaker 11: you know, I think it looks like they are actually

1289
01:01:06,080 --> 01:01:09,439
Speaker 11: going to both go to the polls and it really

1290
01:01:09,520 --> 01:01:13,000
Speaker 11: will be a very very tough thing for anybody to

1291
01:01:13,120 --> 01:01:15,080
Speaker 11: walk into a voting booth and have to pull one

1292
01:01:15,120 --> 01:01:15,760
Speaker 11: of those leaders.

1293
01:01:16,080 --> 01:01:19,320
Speaker 4: Yeah, I've changed my opinion, David, I reckon he's going.

1294
01:01:19,360 --> 01:01:19,840
Speaker 4: What about you?

1295
01:01:20,880 --> 01:01:24,200
Speaker 17: I actually think he will go. You have to keep

1296
01:01:24,360 --> 01:01:27,640
Speaker 17: defending him and saying, of course he won't go right

1297
01:01:27,760 --> 01:01:30,960
Speaker 17: up until the second a different decisions made. But what

1298
01:01:31,280 --> 01:01:36,080
Speaker 17: I see is how can they change the channel from this.

1299
01:01:36,880 --> 01:01:40,160
Speaker 17: It's such a big thing that making some jobs announcement

1300
01:01:40,240 --> 01:01:43,080
Speaker 17: won't do it. Trump being Trump probably won't do it.

1301
01:01:43,480 --> 01:01:46,880
Speaker 17: So they can have weeks or months of people looking

1302
01:01:47,000 --> 01:01:50,160
Speaker 17: and every time he stumbles, it's going to be made

1303
01:01:50,240 --> 01:01:52,800
Speaker 17: to news. So I think in a week or so,

1304
01:01:53,320 --> 01:01:56,000
Speaker 17: as the poles come in and they're looking pretty dismal,

1305
01:01:58,920 --> 01:01:59,520
Speaker 17: he will go.

1306
01:01:59,640 --> 01:02:04,160
Speaker 4: As Yeah, and also rob because he has got no

1307
01:02:04,400 --> 01:02:07,320
Speaker 4: room for error. Right if he makes even one mistake

1308
01:02:07,440 --> 01:02:09,680
Speaker 4: and it's like months that he has to get through

1309
01:02:09,960 --> 01:02:12,440
Speaker 4: one mistake, that looks like he's going scene that's it.

1310
01:02:13,920 --> 01:02:16,800
Speaker 11: Yeah, Look he's sitting in a very exposed position. He

1311
01:02:16,920 --> 01:02:19,960
Speaker 11: can afford to lose too many more rounds. But you know,

1312
01:02:20,640 --> 01:02:24,360
Speaker 11: I have an abiding belief in the overwhelming and continuing

1313
01:02:24,720 --> 01:02:28,080
Speaker 11: stupidity of a lot of electoral systems. Way beyond when

1314
01:02:28,120 --> 01:02:30,000
Speaker 11: you think they should be able to do better than

1315
01:02:30,040 --> 01:02:32,040
Speaker 11: they do, they go on and I think this is

1316
01:02:32,520 --> 01:02:34,000
Speaker 11: an example of one that could well do.

1317
01:02:34,960 --> 01:02:39,280
Speaker 4: David, you a rugby fan, Oh of course, Okay, do

1318
01:02:39,480 --> 01:02:41,520
Speaker 4: you think it was the right called put demo in

1319
01:02:41,600 --> 01:02:42,160
Speaker 4: over body?

1320
01:02:44,720 --> 01:02:45,600
Speaker 13: I do think that is.

1321
01:02:45,680 --> 01:02:48,760
Speaker 17: I think so Jake touched on that lot. If you

1322
01:02:48,880 --> 01:02:52,480
Speaker 17: do go off and play club rugby in Japan, you're

1323
01:02:52,600 --> 01:02:55,760
Speaker 17: not going to be at the same level as when

1324
01:02:55,800 --> 01:02:57,160
Speaker 17: you've been playing Super rugby.

1325
01:02:57,240 --> 01:02:57,520
Speaker 1: Nues.

1326
01:02:58,160 --> 01:03:00,800
Speaker 17: I think he'll actually still play. I think they won't

1327
01:03:00,800 --> 01:03:04,000
Speaker 17: bring them on as an impact player, but I actually

1328
01:03:04,160 --> 01:03:07,360
Speaker 17: think you do want those incentive there for people to

1329
01:03:07,480 --> 01:03:10,760
Speaker 17: be playing New Zell and super rugby. It's not to

1330
01:03:10,880 --> 01:03:12,640
Speaker 17: punish them. If they go off and do club rug

1331
01:03:12,760 --> 01:03:15,680
Speaker 17: be great on them, but you need to make sure

1332
01:03:15,800 --> 01:03:16,760
Speaker 17: they're on the platform.

1333
01:03:16,960 --> 01:03:18,560
Speaker 4: Yeah what about you, Rob, what do you reckon?

1334
01:03:19,800 --> 01:03:20,000
Speaker 17: Yeah?

1335
01:03:20,040 --> 01:03:22,640
Speaker 11: Look, I'm a was a bit disappointed when the all

1336
01:03:22,680 --> 01:03:25,000
Speaker 11: black teams are read out and my name's not in there,

1337
01:03:25,080 --> 01:03:28,400
Speaker 11: but I've gradually got used to that over the years.

1338
01:03:28,520 --> 01:03:31,840
Speaker 11: So honestly, whoever raised a pick a back on it's

1339
01:03:31,880 --> 01:03:35,080
Speaker 11: the exact opposite for me to like if we when

1340
01:03:35,160 --> 01:03:37,440
Speaker 11: we appoint a cabinet, I just regard there as an

1341
01:03:37,480 --> 01:03:39,880
Speaker 11: opportunity to get stuck into a new group of people.

1342
01:03:40,040 --> 01:03:42,840
Speaker 11: But when when when you point the all black team,

1343
01:03:42,880 --> 01:03:45,120
Speaker 11: I couldn't really care if Raiser a point of the

1344
01:03:45,320 --> 01:03:47,560
Speaker 11: entire Crusader's team is the all black so I'd still

1345
01:03:47,600 --> 01:03:49,680
Speaker 11: support them. I wouldn't be happy, but I'd be there.

1346
01:03:49,920 --> 01:03:50,040
Speaker 3: Oh.

1347
01:03:50,120 --> 01:03:50,520
Speaker 6: I love that.

1348
01:03:50,600 --> 01:03:53,400
Speaker 4: I love that blind faith in them. That's awesome. Hey, guys,

1349
01:03:53,440 --> 01:03:55,680
Speaker 4: thank you so much. David Barrow and Rob Rob Campbell.

1350
01:03:55,720 --> 01:03:58,320
Speaker 4: I huddle this evening seven away from six on.

1351
01:03:58,440 --> 01:04:01,480
Speaker 1: Your smart speaker, on the and in your car on

1352
01:04:01,600 --> 01:04:02,400
Speaker 1: your drive home.

1353
01:04:02,720 --> 01:04:07,040
Speaker 2: Heather Duplicy Alan Drive with one New Zealand one Giant

1354
01:04:07,160 --> 01:04:09,440
Speaker 2: Leap for Business News Talk seb Be.

1355
01:04:10,800 --> 01:04:13,240
Speaker 4: Senator Fatima Payment, as I was telling you before, has

1356
01:04:13,320 --> 01:04:15,560
Speaker 4: quit the Labor Party. She's in the Senate there. This

1357
01:04:15,680 --> 01:04:18,120
Speaker 4: is her announcing her resignation publicly.

1358
01:04:18,520 --> 01:04:23,440
Speaker 20: Witnessing our government's indifference to the greatest injustice of our times.

1359
01:04:24,320 --> 01:04:27,160
Speaker 20: Makes me question the direction the party is taking.

1360
01:04:28,240 --> 01:04:29,800
Speaker 1: With a heavy heart but.

1361
01:04:29,920 --> 01:04:34,200
Speaker 20: A clear conscience, I announced my resignation from the Australian

1362
01:04:34,320 --> 01:04:34,960
Speaker 20: Labor Party.

1363
01:04:35,760 --> 01:04:38,200
Speaker 4: She says she made the decision to quit after Elbow

1364
01:04:38,280 --> 01:04:39,320
Speaker 4: gave her an ultimatum.

1365
01:04:39,800 --> 01:04:41,840
Speaker 20: I respect the Prime Minister as the leader of this

1366
01:04:42,360 --> 01:04:46,520
Speaker 20: nation and he's got important decisions to make. It was

1367
01:04:46,600 --> 01:04:50,040
Speaker 20: a stern but a fair conversation, just like how I

1368
01:04:50,200 --> 01:04:55,400
Speaker 20: characterized the previous one in saying that it was you know,

1369
01:04:55,840 --> 01:04:58,160
Speaker 20: I don't know what I was going into in terms

1370
01:04:58,200 --> 01:05:02,040
Speaker 20: of not having a sport person, but nonetheless it was

1371
01:05:02,280 --> 01:05:03,880
Speaker 20: a conversation that needed to be had.

1372
01:05:05,480 --> 01:05:07,880
Speaker 4: She says she's not going to join the Greens, but

1373
01:05:08,040 --> 01:05:10,840
Speaker 4: obviously she is if she's talking about needing a support person,

1374
01:05:10,920 --> 01:05:13,840
Speaker 4: fat Fatima, come on, you're a strong lady. You didn't

1375
01:05:13,880 --> 01:05:16,440
Speaker 4: need a support person with you hither. I've made a

1376
01:05:16,480 --> 01:05:18,640
Speaker 4: few thousand dollars of crypto and I never knew you

1377
01:05:18,680 --> 01:05:20,320
Speaker 4: had to pay tax on it. Ben, will you better

1378
01:05:20,360 --> 01:05:22,040
Speaker 4: listen to the next interview because then you find out

1379
01:05:22,040 --> 01:05:23,600
Speaker 4: all about and how much trouble you can get into

1380
01:05:23,600 --> 01:05:26,080
Speaker 4: if you don't pay tax. Going to talk to Bruce Binaki,

1381
01:05:26,400 --> 01:05:30,080
Speaker 4: tax partner at Densington. Let me get this right. Denton's

1382
01:05:30,120 --> 01:05:32,400
Speaker 4: Kensington swan. Who's going to be with us after the

1383
01:05:32,480 --> 01:05:34,959
Speaker 4: news because ID is cracking down on this stuff. Also

1384
01:05:35,360 --> 01:05:37,680
Speaker 4: Sam Dickey, it's going to talk us through what's going

1385
01:05:37,760 --> 01:05:39,680
Speaker 4: on in the equity markets at the moment around the world.

1386
01:05:39,760 --> 01:05:41,640
Speaker 4: Is that are still breaking records and hitting new all

1387
01:05:41,720 --> 01:05:45,200
Speaker 4: time highs. Obviously you don't need me to spell out

1388
01:05:45,200 --> 01:05:48,080
Speaker 4: to you that there is some risk if you're an investor.

1389
01:05:48,480 --> 01:05:50,440
Speaker 4: So Sam DICKI Official Funds will talk us through that.

1390
01:05:50,520 --> 01:05:53,640
Speaker 4: After half past six, you know what's happening. In three

1391
01:05:53,720 --> 01:05:58,400
Speaker 4: minutes and two minutes and forty six seconds, the polls

1392
01:05:58,440 --> 01:06:01,320
Speaker 4: are opening in the UK for what is going to

1393
01:06:01,400 --> 01:06:05,520
Speaker 4: be the most epic drubbing. Inde Brady is with us

1394
01:06:06,040 --> 01:06:08,880
Speaker 4: just about quarters to six on MATH or seven rather

1395
01:06:09,360 --> 01:06:13,240
Speaker 4: repast quarter to six. Biden to stand by you, Stib.

1396
01:06:30,080 --> 01:06:34,560
Speaker 2: We're Business Insight the Business Hour. We're to nd A

1397
01:06:34,600 --> 01:06:37,880
Speaker 2: duple c Allen and my Hr on newss B.

1398
01:06:40,400 --> 01:06:41,960
Speaker 4: Even in coming up in the next hour. I told

1399
01:06:41,960 --> 01:06:44,480
Speaker 4: you before ASB has joined the call for OCR cuts

1400
01:06:44,520 --> 01:06:46,440
Speaker 4: this year. How good is that? Liam dan on that

1401
01:06:46,640 --> 01:06:49,600
Speaker 4: shortly Sam Dickey on the equity markets around the world

1402
01:06:49,720 --> 01:06:52,080
Speaker 4: still going higher and higher, and inde Brady will talk

1403
01:06:52,200 --> 01:06:54,240
Speaker 4: us through what he's expecting. Now that the polls in

1404
01:06:54,280 --> 01:06:56,960
Speaker 4: the UK have been open for about eight minutes. Seven

1405
01:06:57,080 --> 01:07:00,560
Speaker 4: past six, Inland Revenue has announced its honing in customers

1406
01:07:00,560 --> 01:07:03,480
Speaker 4: who are dealing in crypto but not declaring the income

1407
01:07:03,560 --> 01:07:06,200
Speaker 4: on the tax returns. Now, Inland Revenue reckons there maybe

1408
01:07:06,200 --> 01:07:10,000
Speaker 4: two hundred and twenty seven thousand unique crypto asset users

1409
01:07:10,040 --> 01:07:12,520
Speaker 4: in New Zealand and they are undertaking around seven million

1410
01:07:12,560 --> 01:07:15,520
Speaker 4: transactions with the value of seven point eight billion dollars.

1411
01:07:15,800 --> 01:07:18,640
Speaker 4: Bruce Binaki is a tax partner at Denton's Kensington Swan

1412
01:07:18,680 --> 01:07:19,040
Speaker 4: and with us.

1413
01:07:19,080 --> 01:07:21,040
Speaker 1: Hey Bruce at eightning.

1414
01:07:21,080 --> 01:07:22,680
Speaker 4: He that's a lot of money. Do you reckon that's

1415
01:07:22,720 --> 01:07:23,160
Speaker 4: on the money?

1416
01:07:24,400 --> 01:07:24,560
Speaker 17: Oh?

1417
01:07:24,640 --> 01:07:27,200
Speaker 6: Look, I do trust it the ID. They've got access

1418
01:07:27,280 --> 01:07:29,960
Speaker 6: to a lot of information these days. And certainly and

1419
01:07:30,240 --> 01:07:32,120
Speaker 6: totally when you talk to people out there are no

1420
01:07:32,200 --> 01:07:34,240
Speaker 6: plenty of people who are holding some crypto assets, so

1421
01:07:34,400 --> 01:07:35,240
Speaker 6: not surprised at all.

1422
01:07:35,800 --> 01:07:38,120
Speaker 4: How much tax would they get? Do you think this

1423
01:07:38,280 --> 01:07:38,800
Speaker 4: is the IID?

1424
01:07:40,040 --> 01:07:42,320
Speaker 6: Ah? Look, that is very hard to say, but I

1425
01:07:42,400 --> 01:07:45,880
Speaker 6: think there's there's millions, possibly even tens of millions. At

1426
01:07:45,920 --> 01:07:48,520
Speaker 6: stay here. You only have to look at how high

1427
01:07:48,680 --> 01:07:50,960
Speaker 6: some of the crypto asset prices have gone. You know,

1428
01:07:51,000 --> 01:07:54,200
Speaker 6: you've got bitcoin currently trading at US fifty eight thousand

1429
01:07:54,240 --> 01:07:56,760
Speaker 6: dollars and just four years ago it was nine thousand dollars.

1430
01:07:56,840 --> 01:07:59,120
Speaker 6: So there are some people who've been doing very well

1431
01:07:59,160 --> 01:08:00,320
Speaker 6: out of all this crypto trading.

1432
01:08:00,520 --> 01:08:02,960
Speaker 4: Someone called Ben text me before says he's made thousands

1433
01:08:03,000 --> 01:08:05,240
Speaker 4: of bucks off crypto. Didn't even realize he had to

1434
01:08:05,280 --> 01:08:07,080
Speaker 4: pay tax, is it? I mean, can you get away

1435
01:08:07,120 --> 01:08:08,040
Speaker 4: with pleading ignorance?

1436
01:08:10,160 --> 01:08:12,760
Speaker 6: You probably can't get away with it. No, but I

1437
01:08:13,600 --> 01:08:15,800
Speaker 6: have a lot of sympathy for that position. And when

1438
01:08:15,840 --> 01:08:18,599
Speaker 6: we fabviously don't have a capital gains tax in New Zealand,

1439
01:08:18,640 --> 01:08:21,040
Speaker 6: and people probably think with crypto it's kind of like,

1440
01:08:21,400 --> 01:08:23,400
Speaker 6: you know, you buy some shares and you sell them

1441
01:08:23,400 --> 01:08:25,160
Speaker 6: a few years later and make a gain and don't

1442
01:08:25,200 --> 01:08:29,240
Speaker 6: pay tax on it. The problem with crypto is, and

1443
01:08:29,360 --> 01:08:31,479
Speaker 6: indeed with any asset, if you're a trader in the

1444
01:08:31,520 --> 01:08:33,879
Speaker 6: asset or you buy it with an intention of resale,

1445
01:08:34,240 --> 01:08:37,080
Speaker 6: any game you make, it's not a capital gating that's taxable.

1446
01:08:37,120 --> 01:08:40,240
Speaker 6: And there's so much trading with crypto and cryptos not

1447
01:08:40,520 --> 01:08:42,639
Speaker 6: like like a share where you can earn a dividend

1448
01:08:42,720 --> 01:08:45,400
Speaker 6: return of it. So iod's view is that any gains

1449
01:08:45,439 --> 01:08:47,040
Speaker 6: on trading crypto is taxable.

1450
01:08:47,520 --> 01:08:49,639
Speaker 4: Do you believe them when they say that that, I mean, well,

1451
01:08:49,680 --> 01:08:51,360
Speaker 4: they say they know that there are two hundred and

1452
01:08:51,400 --> 01:08:55,120
Speaker 4: twenty seven thousand possible people or unique crypto ASSEID users.

1453
01:08:55,200 --> 01:08:57,000
Speaker 4: Do you believe that they know who those people are?

1454
01:09:00,120 --> 01:09:02,400
Speaker 6: Yeah, I do believe, and I do believe that the

1455
01:09:02,400 --> 01:09:06,720
Speaker 6: I've got some very good information targeted because they have

1456
01:09:06,920 --> 01:09:11,040
Speaker 6: they have great data mining tools these days, Heather, and

1457
01:09:11,120 --> 01:09:15,559
Speaker 6: they are the most powerful organization pretty much in the country.

1458
01:09:15,600 --> 01:09:19,040
Speaker 6: They're information gathering powers, you know, extend beyond those of

1459
01:09:19,120 --> 01:09:22,600
Speaker 6: the police, and they can request information from banks, and

1460
01:09:23,040 --> 01:09:29,879
Speaker 6: they've entered into international information exchange arrangements with other countries

1461
01:09:29,960 --> 01:09:34,400
Speaker 6: to get information off crypto exchanges operating around the world. Now,

1462
01:09:34,439 --> 01:09:37,000
Speaker 6: that doesn't all can until twenty twenty six and twenty

1463
01:09:37,080 --> 01:09:40,120
Speaker 6: twenty seven, but trust me, hither I've got information.

1464
01:09:40,360 --> 01:09:40,479
Speaker 3: Right.

1465
01:09:40,560 --> 01:09:42,040
Speaker 4: So, if you're one of the people who got a

1466
01:09:42,160 --> 01:09:44,800
Speaker 4: letter from them late last year telling them that they're

1467
01:09:44,800 --> 01:09:46,760
Speaker 4: a high risk customer and they need to sort it out,

1468
01:09:47,040 --> 01:09:48,800
Speaker 4: you shouldn't take around. You should sort it.

1469
01:09:48,800 --> 01:09:52,639
Speaker 6: Out absolutely, and they've sent out another wave of letters

1470
01:09:52,760 --> 01:09:54,519
Speaker 6: just in the past work or so, so if you're

1471
01:09:54,520 --> 01:09:56,760
Speaker 6: getting those letters, I'd be very concerned and I'd be

1472
01:09:56,800 --> 01:09:57,559
Speaker 6: getting some advice.

1473
01:09:57,760 --> 01:09:57,960
Speaker 7: Yeah.

1474
01:09:58,000 --> 01:10:00,679
Speaker 4: Absolutely, Bruce Hay, thank you very much, really really fascinating stuff.

1475
01:10:00,680 --> 01:10:04,519
Speaker 4: That's Bruce Spinaki, tax partner at Denton's Kensington Swan Heather.

1476
01:10:04,960 --> 01:10:07,280
Speaker 4: Here's a reason not to ban the sun beds here

1477
01:10:07,360 --> 01:10:09,680
Speaker 4: that you can get the vitamin D absolutely from a

1478
01:10:09,720 --> 01:10:12,960
Speaker 4: sunbed people with psoriasis like myself. For us, it can

1479
01:10:13,000 --> 01:10:15,320
Speaker 4: be a godsend, especially at this time of the year

1480
01:10:15,320 --> 01:10:19,160
Speaker 4: when it's likely to flare up. Most people know everything

1481
01:10:19,280 --> 01:10:21,599
Speaker 4: is in moderation, so let everyone just make their own

1482
01:10:21,720 --> 01:10:23,960
Speaker 4: decisions and then a massive ffs at the end of that.

1483
01:10:24,439 --> 01:10:27,439
Speaker 4: Fair enough. Here, the people are missing the fact now

1484
01:10:27,640 --> 01:10:30,960
Speaker 4: this text is basically the very like this is. I've

1485
01:10:31,000 --> 01:10:33,639
Speaker 4: been trying to articulate this, but I have been unable

1486
01:10:33,720 --> 01:10:35,960
Speaker 4: to articulate this for about four days. So thank you

1487
01:10:36,080 --> 01:10:39,160
Speaker 4: Kerry for basically articulating it. Here, the people are missing

1488
01:10:39,200 --> 01:10:42,720
Speaker 4: the fact that the Dems keeping Biden is just reinforcing

1489
01:10:42,800 --> 01:10:45,920
Speaker 4: the idea that the institution is operated from behind the scenes,

1490
01:10:46,000 --> 01:10:49,200
Speaker 4: as in the Swamp. This is feeding Trump's campaign. Biden

1491
01:10:49,280 --> 01:10:51,439
Speaker 4: needs to go, thank you. It's exactly what I've been

1492
01:10:51,479 --> 01:10:54,720
Speaker 4: trying to say, just obviously haven't been unable to. This

1493
01:10:54,920 --> 01:10:58,160
Speaker 4: is the very kind of nonsense that caused people in

1494
01:10:58,240 --> 01:11:00,760
Speaker 4: the first place to vote for Trump, right because they

1495
01:11:00,840 --> 01:11:02,960
Speaker 4: look at the political system and they will be there.

1496
01:11:03,080 --> 01:11:04,879
Speaker 4: Heaps people you look at the look at the EPSOST

1497
01:11:04,920 --> 01:11:07,240
Speaker 4: monitor polling on this. Heaps the people in New Zealand

1498
01:11:07,280 --> 01:11:09,600
Speaker 4: who look at the political system and they go, I

1499
01:11:09,640 --> 01:11:12,120
Speaker 4: don't trust those people running politics. I don't trust them.

1500
01:11:12,120 --> 01:11:15,519
Speaker 4: They're shady, something's up. They just feel like the whole

1501
01:11:15,640 --> 01:11:18,960
Speaker 4: thing is rigged and dishonest. And so as a result

1502
01:11:19,200 --> 01:11:21,080
Speaker 4: in the States, what they've done is they've gone and

1503
01:11:21,160 --> 01:11:24,840
Speaker 4: voted for Trump because Trump, at least you know he's lying,

1504
01:11:25,040 --> 01:11:27,840
Speaker 4: like he's so dumb he can't even hide it. You

1505
01:11:27,960 --> 01:11:29,680
Speaker 4: know the guy is lying, you can see him lying.

1506
01:11:29,720 --> 01:11:31,320
Speaker 4: But you prefer the guy who's lying to the guy

1507
01:11:31,360 --> 01:11:33,639
Speaker 4: who pretends that he's not lying, which was Hillary Clinton

1508
01:11:33,680 --> 01:11:36,720
Speaker 4: back in twenty sixteen. Anyway, So what the Democrats are

1509
01:11:36,760 --> 01:11:41,040
Speaker 4: doing right now is reinforcing that message to Trump voters

1510
01:11:41,400 --> 01:11:44,720
Speaker 4: you cannot trust the political class because even when the

1511
01:11:44,760 --> 01:11:47,439
Speaker 4: guy is clearly having a moment in front of you

1512
01:11:47,560 --> 01:11:50,760
Speaker 4: and clearly going senile. They'll tell you, they'll tell you

1513
01:11:50,840 --> 01:11:53,040
Speaker 4: it's not happening, and they'll keep them in there, and

1514
01:11:53,160 --> 01:11:56,400
Speaker 4: so you know absolutely this is this just feeds the

1515
01:11:56,479 --> 01:11:58,639
Speaker 4: Trump thing, and it feeds that sentiment, and it feeds

1516
01:11:58,680 --> 01:12:01,760
Speaker 4: the anti establishment thing thing. Thank you carry six thirteen.

1517
01:12:02,280 --> 01:12:05,839
Speaker 2: Crunching the numbers and getting the results. It's Heather Duplicy

1518
01:12:05,920 --> 01:12:09,240
Speaker 2: Allen with the Business Hours thanks to my HR, the

1519
01:12:09,479 --> 01:12:13,479
Speaker 2: HR platform for SME on us talks EDB everything from

1520
01:12:13,600 --> 01:12:17,200
Speaker 2: SMEs to the big corporates. The Business Hour with Heather

1521
01:12:17,320 --> 01:12:21,160
Speaker 2: Duplicy Allen and my HR the HR platform for SME

1522
01:12:21,479 --> 01:12:22,200
Speaker 2: used talks EDB.

1523
01:12:23,400 --> 01:12:25,879
Speaker 4: It's a bit of a warning from the Deputy Secretary

1524
01:12:25,920 --> 01:12:27,800
Speaker 4: of Trade that the golden era of trade is over

1525
01:12:27,840 --> 01:12:29,639
Speaker 4: and we need to start as a country pushing harder

1526
01:12:29,680 --> 01:12:32,880
Speaker 4: to diversify our trading partners, which I think is probably

1527
01:12:32,960 --> 01:12:35,360
Speaker 4: not news to us and definitely needs to be heard.

1528
01:12:35,439 --> 01:12:38,080
Speaker 4: So we'll talk to Jamie McKay about that shortly. Right now,

1529
01:12:38,120 --> 01:12:40,720
Speaker 4: it's sixteen past six, Lim Dan, the Herald's business editor

1530
01:12:40,760 --> 01:12:41,439
Speaker 4: at Largest with me.

1531
01:12:41,439 --> 01:12:43,840
Speaker 6: Alien good, Heather, how good is this?

1532
01:12:43,960 --> 01:12:45,800
Speaker 4: ASP has come around? To the party, it's going to

1533
01:12:45,800 --> 01:12:46,320
Speaker 4: be November.

1534
01:12:47,400 --> 01:12:49,720
Speaker 6: Well, yeah, swinging back that way, isn't it. I mean,

1535
01:12:49,760 --> 01:12:53,080
Speaker 6: if you remember, we kind of started the year out

1536
01:12:53,120 --> 01:12:54,680
Speaker 6: that way and then it all got a bit more

1537
01:12:55,400 --> 01:12:58,280
Speaker 6: hawkish and negative, and you know, the Reserve Bank pushing

1538
01:12:58,479 --> 01:13:01,160
Speaker 6: out their forecast to August Ustember next year, and the

1539
01:13:01,840 --> 01:13:04,200
Speaker 6: banks followed d and zed said, oh, maybe I'd have

1540
01:13:04,280 --> 01:13:04,880
Speaker 6: to hike again.

1541
01:13:05,920 --> 01:13:06,200
Speaker 3: But no.

1542
01:13:06,360 --> 01:13:10,320
Speaker 6: Yeah, so asb joins Kiwibank with a November call for

1543
01:13:10,400 --> 01:13:12,840
Speaker 6: the rate cuts, and the markets, I should say, who

1544
01:13:13,280 --> 01:13:16,400
Speaker 6: absolutely have a full fully priced in a November cut,

1545
01:13:16,479 --> 01:13:19,000
Speaker 6: and in fact, the markets which always get ahead themselves,

1546
01:13:19,640 --> 01:13:21,640
Speaker 6: putting in a thirty percent chance of a cap in

1547
01:13:21,720 --> 01:13:24,719
Speaker 6: August in a sixty five percent chance of cat in October.

1548
01:13:25,080 --> 01:13:28,040
Speaker 6: Probably a bit over enthusiastic, but yeah, you can see

1549
01:13:28,080 --> 01:13:30,280
Speaker 6: the pressure building on the Reserve Bank to try and

1550
01:13:30,320 --> 01:13:34,439
Speaker 6: hold the line, especially with them making another monetary policy

1551
01:13:34,600 --> 01:13:35,639
Speaker 6: review next week.

1552
01:13:36,880 --> 01:13:40,719
Speaker 4: Does this make things more difficult for them in terms

1553
01:13:40,800 --> 01:13:43,680
Speaker 4: of us believing them if they say they're going to

1554
01:13:43,760 --> 01:13:45,519
Speaker 4: put the rates up or they're going to hold it

1555
01:13:45,560 --> 01:13:47,479
Speaker 4: all the way through to what were they calling us

1556
01:13:47,520 --> 01:13:49,200
Speaker 4: on the end of last the end of next year.

1557
01:13:49,200 --> 01:13:50,559
Speaker 4: I mean, nobody's going to believe that now.

1558
01:13:50,560 --> 01:13:54,040
Speaker 6: Right, Yeah, well it does seem like nobody believes that.

1559
01:13:54,200 --> 01:13:57,120
Speaker 6: But and they've even tried to sort of explain that

1560
01:13:57,200 --> 01:13:59,200
Speaker 6: it's a it's a sort of a technical projection, not

1561
01:13:59,400 --> 01:14:03,720
Speaker 6: not a sort of a forecast or prediction. But yeah,

1562
01:14:03,880 --> 01:14:06,000
Speaker 6: it does make it tough. I mean, they don't they can't.

1563
01:14:06,560 --> 01:14:08,360
Speaker 6: It is a bit of a game, but they can't

1564
01:14:08,479 --> 01:14:11,000
Speaker 6: give an inch because the markets are just so enthusiastic

1565
01:14:11,080 --> 01:14:13,880
Speaker 6: and it moves it and then the interest rates come

1566
01:14:14,000 --> 01:14:15,640
Speaker 6: down and they don't do the job, and then you

1567
01:14:15,720 --> 01:14:18,120
Speaker 6: actually don't achieve what you were trying to achieve, which

1568
01:14:18,120 --> 01:14:20,080
Speaker 6: is getting out inflation out, which is still you know,

1569
01:14:20,160 --> 01:14:23,600
Speaker 6: it's worth pointing out, you know, a risk. Even a

1570
01:14:23,760 --> 01:14:27,160
Speaker 6: m Z now is saying, look, they've got February Pensyildan

1571
01:14:27,360 --> 01:14:29,479
Speaker 6: and most of the other economists have February pensild in.

1572
01:14:29,560 --> 01:14:33,160
Speaker 6: But am z's saying the risk is now towards November.

1573
01:14:33,920 --> 01:14:38,000
Speaker 6: That's because it looks like the economy's tanking faster, which is,

1574
01:14:38,160 --> 01:14:40,680
Speaker 6: you know, weird to say good news about, but you

1575
01:14:40,760 --> 01:14:42,560
Speaker 6: know that we had a business at the nz a

1576
01:14:42,640 --> 01:14:46,760
Speaker 6: IE Business Survey last week. It was really grim and

1577
01:14:46,840 --> 01:14:49,559
Speaker 6: that sort of I think that's what's changed ASP's mind.

1578
01:14:50,240 --> 01:14:53,639
Speaker 6: You know, when it goes, it can go really fast,

1579
01:14:53,680 --> 01:14:55,639
Speaker 6: so we could see that all that sticky, non tradable

1580
01:14:55,680 --> 01:14:59,160
Speaker 6: stuff come out quite fast as wages come down an

1581
01:14:59,240 --> 01:15:02,720
Speaker 6: unemployment righte that's the feeling that the economy's got so

1582
01:15:03,120 --> 01:15:05,400
Speaker 6: so grim that it's going to move quickly from here.

1583
01:15:06,320 --> 01:15:08,200
Speaker 6: But we still don't know for sure, and you know,

1584
01:15:08,360 --> 01:15:10,559
Speaker 6: to be fear of the Reserve Bank, they can't sort

1585
01:15:10,560 --> 01:15:13,920
Speaker 6: of make calls based on what might happen. They have

1586
01:15:14,040 --> 01:15:16,280
Speaker 6: to see more evidence, and we have got a whole

1587
01:15:16,280 --> 01:15:17,800
Speaker 6: lot of data coming out in the next couple of

1588
01:15:17,840 --> 01:15:20,400
Speaker 6: weeks which will be helpful, but they don't get to

1589
01:15:20,400 --> 01:15:23,360
Speaker 6: see that before before next Wednesday.

1590
01:15:23,439 --> 01:15:23,879
Speaker 5: Unfortunately.

1591
01:15:24,080 --> 01:15:26,519
Speaker 4: Interesting. Hey, thank you very much, Liam, appreciate it. Liam Dan,

1592
01:15:27,280 --> 01:15:29,160
Speaker 4: The Herald's Business editor at large, Heather of the Eye

1593
01:15:29,200 --> 01:15:31,840
Speaker 4: idea useless. I've been retired for four years now, Lucky you.

1594
01:15:32,280 --> 01:15:35,960
Speaker 4: Yesterday I got an email from them saying congratulations on

1595
01:15:36,040 --> 01:15:37,920
Speaker 4: your retirement. The left hand doesn't know what the right

1596
01:15:37,960 --> 01:15:40,240
Speaker 4: hand is doing. Well done. New Zealand's the news him

1597
01:15:40,240 --> 01:15:44,000
Speaker 4: bubwere now on how hard things are right out there

1598
01:15:44,080 --> 01:15:46,519
Speaker 4: at the moment, which is this is the kind of

1599
01:15:46,560 --> 01:15:48,720
Speaker 4: stuff that's going to be factoring into the decision on

1600
01:15:48,760 --> 01:15:53,200
Speaker 4: the OCR well kind of peripherally. Apparently it is now

1601
01:15:53,479 --> 01:15:57,839
Speaker 4: harder to be in retail than maybe even the nineteen

1602
01:15:57,960 --> 01:16:02,280
Speaker 4: eighty seven share market crash, if not like periods back

1603
01:16:02,320 --> 01:16:05,240
Speaker 4: in the seventies, Like forget any comparison to the GFC.

1604
01:16:06,400 --> 01:16:09,679
Speaker 4: What the retailers are experiencing right now is far worse

1605
01:16:09,760 --> 01:16:13,840
Speaker 4: than the GFC, far worse than anything in the nineties.

1606
01:16:14,040 --> 01:16:16,000
Speaker 4: We are back to the eighties or the seventies here.

1607
01:16:16,280 --> 01:16:18,840
Speaker 4: There was some data that's released from Worldline yesterday which

1608
01:16:18,880 --> 01:16:21,600
Speaker 4: showed that June was especially quiet for retailers. June is

1609
01:16:21,600 --> 01:16:23,840
Speaker 4: always quiet for retailers because it's winter and everybody feels

1610
01:16:23,960 --> 01:16:27,920
Speaker 4: depressed and stuff, but it was really quiet, and it

1611
01:16:28,040 --> 01:16:30,720
Speaker 4: actually gone backwards, even though we have more people coming

1612
01:16:30,760 --> 01:16:33,320
Speaker 4: into the country in a higher population, so you would

1613
01:16:33,320 --> 01:16:34,760
Speaker 4: expect at the very least that there'll be like a

1614
01:16:34,800 --> 01:16:37,040
Speaker 4: little bit of an increase, not at all. On an

1615
01:16:37,080 --> 01:16:41,240
Speaker 4: annual running total basis, spending is down eight point five

1616
01:16:41,320 --> 01:16:44,920
Speaker 4: percent from the most recent peak. If that continues at

1617
01:16:45,000 --> 01:16:47,599
Speaker 4: that level throughout the rest of the year, which frankly

1618
01:16:47,920 --> 01:16:51,280
Speaker 4: is being called optimistic, the decline from the peak should

1619
01:16:51,320 --> 01:16:53,360
Speaker 4: come in at nine point nine percent. Okay, that's what

1620
01:16:53,400 --> 01:16:56,719
Speaker 4: we're experiencing at the moment. That compares to a decline

1621
01:16:57,560 --> 01:17:02,880
Speaker 4: of ten percent between March nineteen seventy seven and September

1622
01:17:02,960 --> 01:17:07,120
Speaker 4: nineteen seventy eight, and another decline between June nineteen eighty

1623
01:17:07,200 --> 01:17:11,439
Speaker 4: seven and December nineteen ninety one of ten point one percent.

1624
01:17:11,880 --> 01:17:15,560
Speaker 4: That's how bad it is. Six twenty The Rural Report.

1625
01:17:15,479 --> 01:17:19,200
Speaker 2: On the Heather dupers Elan Drive with Ann's Kofoods, New

1626
01:17:19,280 --> 01:17:20,920
Speaker 2: Zealand's famous beef and lamb.

1627
01:17:21,479 --> 01:17:24,120
Speaker 4: Jamie mackay Hosts of the Countries with Us. Hello Jamie,

1628
01:17:25,560 --> 01:17:26,200
Speaker 4: Hello Heather.

1629
01:17:26,400 --> 01:17:29,040
Speaker 6: Sorry, I'm on two conversations. I need to concentrate on you.

1630
01:17:29,439 --> 01:17:30,280
Speaker 4: Who are you chatting with?

1631
01:17:31,240 --> 01:17:31,840
Speaker 6: Am I wife?

1632
01:17:31,960 --> 01:17:33,720
Speaker 4: I not fair enough? She generally, I mean I can

1633
01:17:33,800 --> 01:17:36,400
Speaker 4: understand that generally, she would take precedence over literally everybody

1634
01:17:36,439 --> 01:17:37,639
Speaker 4: except I normally don't.

1635
01:17:37,680 --> 01:17:40,519
Speaker 6: I normally do mostly listening. She does most of the talking.

1636
01:17:40,640 --> 01:17:43,719
Speaker 6: But I was talking.

1637
01:17:43,960 --> 01:17:44,320
Speaker 1: Oh I bit.

1638
01:17:44,400 --> 01:17:47,400
Speaker 4: She appreciated that comment a lot. Hey, it's a bit

1639
01:17:47,479 --> 01:17:49,840
Speaker 4: gloomy to think the golden era of trade is over,

1640
01:17:49,920 --> 01:17:51,280
Speaker 4: but I mean that's probably realistic.

1641
01:17:51,400 --> 01:17:51,680
Speaker 1: Isn't it?

1642
01:17:52,640 --> 01:17:54,960
Speaker 6: Well, in some ways it is. And this was the

1643
01:17:55,040 --> 01:17:59,600
Speaker 6: statement made by Vangalis Patalas what a great name. He

1644
01:17:59,680 --> 01:18:03,640
Speaker 6: sounds like an Argentina Argentina and tennis player from the seventies,

1645
01:18:03,760 --> 01:18:07,679
Speaker 6: doesn't he like Cavita Scarelitis and guilmero Velis. I'm getting

1646
01:18:07,720 --> 01:18:11,080
Speaker 6: way off track. Sorry, they're heather. Yeah. Like he said,

1647
01:18:11,120 --> 01:18:13,920
Speaker 6: we went through a primary export boom between ninety five

1648
01:18:14,040 --> 01:18:17,720
Speaker 6: and twenty seventeen, and he said since then, things have

1649
01:18:17,800 --> 01:18:19,880
Speaker 6: got a lot harder. And he used the example of

1650
01:18:20,000 --> 01:18:24,120
Speaker 6: superpowers like the US and China, who are basically making

1651
01:18:24,240 --> 01:18:27,759
Speaker 6: up the rules to suit themselves, and we the smaller

1652
01:18:27,800 --> 01:18:32,200
Speaker 6: and medium states like New Zealand aren't increasingly becoming collateral damage.

1653
01:18:32,200 --> 01:18:33,920
Speaker 6: And we might need to get used to that either,

1654
01:18:33,960 --> 01:18:37,559
Speaker 6: because if Trump gets the White House, he is rather

1655
01:18:37,720 --> 01:18:41,960
Speaker 6: insular when it comes to trade, he said New Zealand.

1656
01:18:42,760 --> 01:18:45,960
Speaker 6: This was his address to the Primary Industry summit yesterday morning.

1657
01:18:46,000 --> 01:18:48,879
Speaker 6: He said New Zealand couldn't afford to rest on its laurels,

1658
01:18:49,000 --> 01:18:51,960
Speaker 6: especially if we want to reach the goal the government's

1659
01:18:52,040 --> 01:18:55,880
Speaker 6: current goal of doubling the value of exports in the

1660
01:18:56,000 --> 01:18:59,639
Speaker 6: next decade. At the moment, New Zealand's all about China

1661
01:18:59,720 --> 01:19:03,439
Speaker 6: the twenty three percent of our total exports. But you

1662
01:19:03,520 --> 01:19:06,200
Speaker 6: know he made the point, we also have the cp

1663
01:19:06,920 --> 01:19:09,439
Speaker 6: t PP. I hope I got enough peas in there,

1664
01:19:09,960 --> 01:19:15,120
Speaker 6: the Comprehensive and Progressive Agreement for Transpecific Partnership, and that

1665
01:19:15,400 --> 01:19:18,080
Speaker 6: actually takes twenty seven percent of our trade. And then

1666
01:19:18,120 --> 01:19:22,640
Speaker 6: he said, if you throw in the Assian Nations Association

1667
01:19:22,800 --> 01:19:26,760
Speaker 6: of South East Asian Nations, that's the very that's the

1668
01:19:26,840 --> 01:19:31,200
Speaker 6: growing market of Indonesia, Vietnam, Philippines and Malaysia. That's you know,

1669
01:19:31,400 --> 01:19:33,160
Speaker 6: potentially and this is what a lot of people are

1670
01:19:33,200 --> 01:19:35,920
Speaker 6: telling me. That is where our future lie. Southeast Asia.

1671
01:19:36,640 --> 01:19:38,680
Speaker 4: Yeah, I mean that probably is actually right. And you

1672
01:19:38,760 --> 01:19:40,120
Speaker 4: just got to got cobble hole bunch of those all

1673
01:19:40,160 --> 01:19:42,000
Speaker 4: small ones together and you get the big one altogether.

1674
01:19:42,040 --> 01:19:43,720
Speaker 4: Like you kind of you get enough to be a

1675
01:19:43,760 --> 01:19:47,320
Speaker 4: big one. On those awards that you were at on Tuesday,

1676
01:19:47,400 --> 01:19:49,679
Speaker 4: I think you predicted, if I remember correctly, that Julian

1677
01:19:49,720 --> 01:19:50,920
Speaker 4: Rayler was going to win, didn't you.

1678
01:19:51,720 --> 01:19:52,479
Speaker 18: Well, no, I didn't.

1679
01:19:52,520 --> 01:19:56,439
Speaker 6: I mean Julian along with myself was a finalist, and

1680
01:19:56,600 --> 01:20:00,679
Speaker 6: I thought Vans fatalist would win because I let's be honest,

1681
01:20:00,720 --> 01:20:04,720
Speaker 6: he did negotiate a free trade agreement with the UK

1682
01:20:04,960 --> 01:20:07,960
Speaker 6: and the EU. But I was really pleased that Julian

1683
01:20:08,080 --> 01:20:12,679
Speaker 6: Rain wanted He absolutely deserves it. He's been around forever,

1684
01:20:13,040 --> 01:20:16,920
Speaker 6: even longer than me, and he's been into like dairy

1685
01:20:17,040 --> 01:20:20,919
Speaker 6: and horticulture. He's a real entrepreneur. He's been the president

1686
01:20:20,960 --> 01:20:22,760
Speaker 6: of Horticulture in New Zealand. He was one of the

1687
01:20:22,880 --> 01:20:26,920
Speaker 6: instigators of the y Mere Dam project, which is transforming

1688
01:20:27,320 --> 01:20:29,120
Speaker 6: that region in New Zealand, and he was a bit

1689
01:20:29,439 --> 01:20:31,360
Speaker 6: I only found this out on the night he was

1690
01:20:31,400 --> 01:20:34,240
Speaker 6: about when they set up son Terra in two thousand

1691
01:20:34,280 --> 01:20:36,280
Speaker 6: and one. So look, he's had a finger and a

1692
01:20:36,320 --> 01:20:38,560
Speaker 6: lot of pies. He's a real entrepreneur. He's got his

1693
01:20:38,640 --> 01:20:42,320
Speaker 6: own ice cream and milk brands, and he's just a quiet,

1694
01:20:42,840 --> 01:20:46,800
Speaker 6: humble man, very very clever bloke. And at the peak

1695
01:20:46,840 --> 01:20:48,800
Speaker 6: of the season, I think he employs five or six

1696
01:20:48,920 --> 01:20:52,360
Speaker 6: hundred people. So I was really pleased from absolutely deserved.

1697
01:20:52,479 --> 01:20:55,160
Speaker 4: Did Todd Chasteris of Rubbobank come and tell you off

1698
01:20:55,200 --> 01:20:55,759
Speaker 4: for your outfit?

1699
01:20:57,360 --> 01:20:59,800
Speaker 6: Yeah yeah, I was just I was making my way

1700
01:21:00,560 --> 01:21:02,439
Speaker 6: to get my first drink for the evening and he

1701
01:21:02,520 --> 01:21:04,840
Speaker 6: comes up and says, where'shkai? I said, well, what does

1702
01:21:04,880 --> 01:21:07,360
Speaker 6: it worry you? He said, Oh, here, there's been chipping

1703
01:21:07,400 --> 01:21:09,760
Speaker 6: away at you on ZDB for not wearing a tie.

1704
01:21:10,080 --> 01:21:10,920
Speaker 4: Good good man.

1705
01:21:11,720 --> 01:21:14,439
Speaker 6: Here that if I honestly thought I even had half

1706
01:21:14,479 --> 01:21:17,360
Speaker 6: a snuff of the big Gong, oh you would have

1707
01:21:17,360 --> 01:21:20,080
Speaker 6: put on a tie. So really it was just me

1708
01:21:20,400 --> 01:21:21,439
Speaker 6: protecting myself.

1709
01:21:21,520 --> 01:21:23,720
Speaker 4: Oh, fair enough, Jamie. Look everybody's allowed a little bit

1710
01:21:23,760 --> 01:21:26,000
Speaker 4: of self protection. Good on you, Jamie. Jamie mckaie, host

1711
01:21:26,040 --> 01:21:28,479
Speaker 4: of the Country, got on Todd charteris of rubber Bank

1712
01:21:28,520 --> 01:21:29,040
Speaker 4: being a man.

1713
01:21:28,960 --> 01:21:29,400
Speaker 7: Of his word.

1714
01:21:29,720 --> 01:21:31,600
Speaker 4: Hey, got a little bit of bad news for you

1715
01:21:31,640 --> 01:21:34,760
Speaker 4: if you like your bluff. Oysters. Seasons ending early for

1716
01:21:34,880 --> 01:21:36,840
Speaker 4: some harvesters this year because they've got the bad weather

1717
01:21:37,479 --> 01:21:39,200
Speaker 4: and they've got a it's a bad year for the

1718
01:21:39,280 --> 01:21:41,519
Speaker 4: parasite down the you know, the one that MUCKs around

1719
01:21:41,560 --> 01:21:43,760
Speaker 4: with the oysters. They reckon that in the last for

1720
01:21:43,880 --> 01:21:46,400
Speaker 4: one of them said, in the last four months they've

1721
01:21:46,400 --> 01:21:48,960
Speaker 4: only fished forty two percent of the days because of weather,

1722
01:21:49,040 --> 01:21:50,920
Speaker 4: and in some cases they've had no boats out there

1723
01:21:50,960 --> 01:21:52,800
Speaker 4: for like ten days in a row. So that's tough

1724
01:21:52,840 --> 01:21:56,240
Speaker 4: for them and tough for the lovers. Of the Oyster headlines.

1725
01:21:56,280 --> 01:22:01,439
Speaker 2: Next, if it's to do with money, it matters to you.

1726
01:22:01,840 --> 01:22:05,599
Speaker 2: The Business Hour with Heather Duplicy Allen and my HR,

1727
01:22:05,960 --> 01:22:08,240
Speaker 2: the HR platform for SME us talk.

1728
01:22:08,280 --> 01:22:08,640
Speaker 1: Sa'd be.

1729
01:22:24,160 --> 01:22:25,920
Speaker 4: Right end of Brady's going to be with us shortly,

1730
01:22:26,720 --> 01:22:30,720
Speaker 4: the Sun group of Murdock's tabloid has endorsed Labor for

1731
01:22:30,800 --> 01:22:34,479
Speaker 4: the first time in almost two decades, which is massive.

1732
01:22:34,520 --> 01:22:37,720
Speaker 4: They're calling for a new manager basically obviously being Keir

1733
01:22:37,760 --> 01:22:39,760
Speaker 4: Starmer Andande Brady will talk us through it. Shortly. I'm

1734
01:22:39,760 --> 01:22:42,519
Speaker 4: going to play you the first recording ever of the

1735
01:22:42,640 --> 01:22:45,560
Speaker 4: human voice, like a couple of hundred years old, so

1736
01:22:45,560 --> 01:22:47,080
Speaker 4: to stand by for that and just to take got

1737
01:22:47,160 --> 01:22:49,560
Speaker 4: to talk you through what's going on with the deportations.

1738
01:22:49,600 --> 01:22:50,960
Speaker 4: Right as far as I can tell, we've got our

1739
01:22:51,000 --> 01:22:55,519
Speaker 4: first first case of Ozzie deporting someone who they were

1740
01:22:55,600 --> 01:22:58,240
Speaker 4: going to keep this year because remember how they went soft,

1741
01:22:58,280 --> 01:23:00,360
Speaker 4: Remember when just Sinda went over there, natachat elbow and

1742
01:23:00,360 --> 01:23:02,080
Speaker 4: then Alboy's okay, okay, fine, yeah, yeah, the ones that

1743
01:23:02,120 --> 01:23:05,439
Speaker 4: we raised ourselves will keep direction ninety nine, let's keep them.

1744
01:23:05,760 --> 01:23:08,080
Speaker 4: And then that blew up like it always was gonna

1745
01:23:08,400 --> 01:23:11,040
Speaker 4: and then they replaced it with Direction one ten, which

1746
01:23:11,120 --> 01:23:12,519
Speaker 4: means now we're just going to get all of the

1747
01:23:12,600 --> 01:23:16,560
Speaker 4: dregs again. First case of this now happening. It's a

1748
01:23:16,640 --> 01:23:20,200
Speaker 4: criminal with thirty five convictions, all of them against female victims.

1749
01:23:21,120 --> 01:23:25,439
Speaker 4: The guy's name is Glenn Taylor. He was going to

1750
01:23:25,560 --> 01:23:28,400
Speaker 4: be spared right, so Direction ninety nine did spare him.

1751
01:23:28,520 --> 01:23:30,360
Speaker 4: He went before the court in Febran and they were like, no,

1752
01:23:30,479 --> 01:23:32,880
Speaker 4: you can stay, and now he's going to be sent here.

1753
01:23:33,640 --> 01:23:35,120
Speaker 4: He was born in New Zealand, but he's lived in

1754
01:23:35,160 --> 01:23:37,760
Speaker 4: Australia since he was four years old. He has a

1755
01:23:37,920 --> 01:23:42,040
Speaker 4: history of domestic violence, of stalking of Harissman and of

1756
01:23:42,040 --> 01:23:44,960
Speaker 4: assaulting at least two police officers. The reason they're going

1757
01:23:45,040 --> 01:23:47,000
Speaker 4: to send him our way is because he has an

1758
01:23:47,080 --> 01:23:50,839
Speaker 4: unacceptable risk to the community and is likely to reoffend.

1759
01:23:51,000 --> 01:23:52,759
Speaker 4: Yeay twenty three away from seven.

1760
01:23:52,960 --> 01:23:54,120
Speaker 1: Heather duper Cela.

1761
01:23:54,439 --> 01:23:56,960
Speaker 4: Most equity markets around the world continue to break all

1762
01:23:57,080 --> 01:23:59,720
Speaker 4: new high, all time highs. You don't need me to

1763
01:23:59,720 --> 01:24:01,840
Speaker 4: tell you obviously that there are risks attached to that.

1764
01:24:01,960 --> 01:24:04,120
Speaker 4: To talk us through those risks, Sam Dickey Official Funds

1765
01:24:04,200 --> 01:24:07,439
Speaker 4: is with us. Hey, Sam, let's start with why these

1766
01:24:07,840 --> 01:24:09,960
Speaker 4: what the markets are first, what markets are the ones

1767
01:24:09,960 --> 01:24:11,200
Speaker 4: that are hitting the all time highs?

1768
01:24:12,479 --> 01:24:16,000
Speaker 17: Yes, well, overall global equities that are making new lifetime

1769
01:24:16,080 --> 01:24:18,240
Speaker 17: highs almost every day, and we're up another twelve cent

1770
01:24:18,280 --> 01:24:20,639
Speaker 17: this year, and that's again been driven by the US,

1771
01:24:20,720 --> 01:24:22,719
Speaker 17: but Japan, Europe and I was a year all sitting

1772
01:24:22,840 --> 01:24:25,280
Speaker 17: kind of right near those all time highs and why

1773
01:24:25,360 --> 01:24:25,880
Speaker 17: is this happening?

1774
01:24:27,800 --> 01:24:29,760
Speaker 21: It does remind us how far we've come. So we're

1775
01:24:29,800 --> 01:24:32,920
Speaker 21: back to the lows of October twenty twenty two, and

1776
01:24:33,040 --> 01:24:35,920
Speaker 21: back then, we know global inflation was right near its

1777
01:24:35,960 --> 01:24:39,240
Speaker 21: forty year peak of ten percent in markets, we're expecting

1778
01:24:39,280 --> 01:24:42,120
Speaker 21: an eminent recession globally and then fashion it's fall and

1779
01:24:42,160 --> 01:24:45,080
Speaker 21: sharply as we know, and global economic growth has been

1780
01:24:45,120 --> 01:24:47,320
Speaker 21: much more a vice for robust and expected and that's

1781
01:24:47,400 --> 01:24:50,479
Speaker 21: driven a fifty one percent rally from that low point

1782
01:24:50,520 --> 01:24:51,680
Speaker 21: in October twenty twenty two.

1783
01:24:52,360 --> 01:24:56,000
Speaker 4: Now, obviously, Sam, if you're whenever you hear that markets

1784
01:24:56,000 --> 01:24:58,759
Speaker 4: are heading all time highs and breaking records and stuff

1785
01:24:58,800 --> 01:25:01,160
Speaker 4: like that, you should know there is risk, right, So

1786
01:25:01,240 --> 01:25:03,120
Speaker 4: what are the key risks that investors are focused on

1787
01:25:03,240 --> 01:25:03,559
Speaker 4: right now?

1788
01:25:04,920 --> 01:25:07,120
Speaker 17: That's right, there's always risk in investing and there's always

1789
01:25:07,160 --> 01:25:09,880
Speaker 17: many things to worry about, but there are three things

1790
01:25:09,920 --> 01:25:13,400
Speaker 17: in particular that investors are grappling with right now, and

1791
01:25:13,600 --> 01:25:17,880
Speaker 17: the first one is decelerating global and especially US economic growth,

1792
01:25:17,960 --> 01:25:19,920
Speaker 17: and I talked about this reason you get. A second

1793
01:25:19,960 --> 01:25:22,600
Speaker 17: one is the return of animal spirits or height in

1794
01:25:22,680 --> 01:25:23,719
Speaker 17: some pockets of the market.

1795
01:25:23,760 --> 01:25:26,720
Speaker 21: And the third one is and as a result of

1796
01:25:26,800 --> 01:25:29,479
Speaker 21: both of those two things I just mentioned, the global

1797
01:25:29,520 --> 01:25:31,800
Speaker 21: stock market values once again being driven by a much

1798
01:25:31,920 --> 01:25:34,599
Speaker 21: narrower subset of companies. So just to go through each

1799
01:25:34,600 --> 01:25:37,200
Speaker 21: one of those really briefly, key comic growth drivers have

1800
01:25:37,280 --> 01:25:42,400
Speaker 21: shifted from surprising positively for eighteen months as uninterrupted is

1801
01:25:42,520 --> 01:25:45,559
Speaker 21: now surprising negatively. And as a result of that twenty

1802
01:25:45,640 --> 01:25:47,880
Speaker 21: twenty four US GDP growth you know I've been talking

1803
01:25:47,920 --> 01:25:50,120
Speaker 21: about for months, there has been getting upgraded, is now

1804
01:25:50,280 --> 01:25:52,760
Speaker 21: getting trimmed by economists for the first time in a while,

1805
01:25:53,080 --> 01:25:56,000
Speaker 21: and that's driven a sharp underperformance of economic sensitive stocks

1806
01:25:56,080 --> 01:25:59,680
Speaker 21: like transport and housing related companies in the US. On

1807
01:25:59,800 --> 01:26:02,000
Speaker 21: the you can thing, we are seeing the return of

1808
01:26:02,040 --> 01:26:04,240
Speaker 21: animal spirits, so mean stocks are on the move. We've

1809
01:26:04,240 --> 01:26:06,880
Speaker 21: talked about that one game stop at AMC up hundreds

1810
01:26:06,880 --> 01:26:10,240
Speaker 21: of percent and there's lots of hot money in AI stocks.

1811
01:26:10,800 --> 01:26:12,799
Speaker 21: And the third thing is because of those two factors

1812
01:26:12,800 --> 01:26:14,880
Speaker 21: of the stock market rally, you and I talked about

1813
01:26:14,920 --> 01:26:18,080
Speaker 21: being much healthier and much broader in Q one after

1814
01:26:18,160 --> 01:26:20,479
Speaker 21: that March quarter is now quite narrow. And to give

1815
01:26:20,479 --> 01:26:22,960
Speaker 21: you an example of that, while the broad use of

1816
01:26:23,080 --> 01:26:26,519
Speaker 21: stock market is up sixteen percent this year, almost half

1817
01:26:26,600 --> 01:26:28,720
Speaker 21: of those stocks in that index are actually negative on

1818
01:26:28,800 --> 01:26:31,200
Speaker 21: the year, and we know that it's been driven by

1819
01:26:31,200 --> 01:26:33,000
Speaker 21: a few loz tech companies. And that tells us that

1820
01:26:33,080 --> 01:26:36,360
Speaker 21: the average stock is not as healthy as the headline

1821
01:26:36,439 --> 01:26:37,240
Speaker 21: stock market index.

1822
01:26:37,320 --> 01:26:38,000
Speaker 11: What have you believe?

1823
01:26:38,840 --> 01:26:40,960
Speaker 4: So what does all of this mean for investors?

1824
01:26:42,640 --> 01:26:45,200
Speaker 17: There are always risks, like you said here, and we've

1825
01:26:45,240 --> 01:26:47,519
Speaker 17: had a fifty cent rally in twenty odds, so investors

1826
01:26:47,560 --> 01:26:50,920
Speaker 17: should not be surprised that that comes for evaluations and

1827
01:26:51,000 --> 01:26:54,559
Speaker 17: more exuberance. But the good news is central banks are

1828
01:26:54,680 --> 01:26:57,559
Speaker 17: in a very different position now than they have been

1829
01:26:57,600 --> 01:26:59,800
Speaker 17: at most times in our ten or fifteen years. They

1830
01:26:59,840 --> 01:27:04,000
Speaker 17: have significant firepower pushing any economic growth the apoput or

1831
01:27:04,000 --> 01:27:06,720
Speaker 17: other risk, and that is quite different to that two

1832
01:27:06,720 --> 01:27:08,479
Speaker 17: thousand and nine to twenty and sixteen period.

1833
01:27:08,560 --> 01:27:12,080
Speaker 21: In twenty twenty one when Central banks had already set

1834
01:27:12,160 --> 01:27:14,880
Speaker 21: benchmark rates to zero and had less amotor cut rates

1835
01:27:14,920 --> 01:27:15,679
Speaker 21: and cushing a blow.

1836
01:27:16,160 --> 01:27:17,880
Speaker 17: So that's the first bit of good news. The other

1837
01:27:17,960 --> 01:27:21,040
Speaker 17: bit of good news, to opposite these risks means that

1838
01:27:21,200 --> 01:27:24,000
Speaker 17: outside of that narrow subset of companies we've talked about

1839
01:27:24,120 --> 01:27:27,479
Speaker 17: the driving these markets, there are more attractive valuations on offer.

1840
01:27:28,360 --> 01:27:30,720
Speaker 4: Well, that's something I suppose Sam, Thank you very much

1841
01:27:30,880 --> 01:27:34,040
Speaker 4: as always, really appreciate you expertise that, Sam Dickey, I

1842
01:27:34,160 --> 01:27:37,400
Speaker 4: Fisher Funds right. Okay, before I get before i get

1843
01:27:37,439 --> 01:27:38,960
Speaker 4: to the human voice recording, which I'm going to do

1844
01:27:38,960 --> 01:27:41,679
Speaker 4: in a minute, got to just quickly talk about Wellington

1845
01:27:41,720 --> 01:27:45,240
Speaker 4: because it's been a while. So Wellington the City Council

1846
01:27:45,280 --> 01:27:47,320
Speaker 4: does a survey down there, but most city councils will

1847
01:27:47,360 --> 01:27:49,960
Speaker 4: just councils will do a survey about satisfaction levels and

1848
01:27:49,960 --> 01:27:52,760
Speaker 4: stuff like that. So we've got the latest one. The

1849
01:27:53,720 --> 01:27:56,240
Speaker 4: numbers are not good. It was surprised, absolutely no one

1850
01:27:56,360 --> 01:27:59,439
Speaker 4: for the council. A record low of fifty percent of

1851
01:27:59,560 --> 01:28:03,479
Speaker 4: people feel a sense of pride in how Wellington looks

1852
01:28:03,520 --> 01:28:06,760
Speaker 4: and feels. It's never been that low. Back in twenty

1853
01:28:06,840 --> 01:28:09,599
Speaker 4: nineteen it was eighty four percent. It's now at fifty percent.

1854
01:28:10,840 --> 01:28:14,400
Speaker 4: Back in twenty nineteen, eighty percent of people thought Wellington

1855
01:28:14,520 --> 01:28:18,320
Speaker 4: was lively and attractive. It's now thirty seven percent. Another

1856
01:28:18,439 --> 01:28:23,000
Speaker 4: record low of people their perceptions of safety around the

1857
01:28:23,080 --> 01:28:26,559
Speaker 4: city at night. It was seventy one percent in twenty nineteen.

1858
01:28:26,640 --> 01:28:30,280
Speaker 4: I think, I think that's them feeling safe, but the

1859
01:28:30,320 --> 01:28:32,400
Speaker 4: way that it's written, it's kind of unclear, but I

1860
01:28:32,439 --> 01:28:34,960
Speaker 4: think seventy one percent were like, yep, sweet seventy one

1861
01:28:35,000 --> 01:28:37,439
Speaker 4: percent and twenty nineteen sweet at night now it's forty

1862
01:28:37,520 --> 01:28:40,800
Speaker 4: three percent. Perceptions of safety during the day have remained

1863
01:28:40,840 --> 01:28:44,560
Speaker 4: relatively high, sitting around eighty six to ninety percent. So

1864
01:28:44,640 --> 01:28:47,360
Speaker 4: it's just at night that people feel uncomfortable, not happy

1865
01:28:47,400 --> 01:28:51,960
Speaker 4: at all with Wellington City Council's performance itself. It's fallen

1866
01:28:52,240 --> 01:28:55,479
Speaker 4: to twenty nine percent. It's always been low. It was

1867
01:28:55,600 --> 01:28:57,640
Speaker 4: like thirty three percent last time around, and the main

1868
01:28:57,720 --> 01:28:59,960
Speaker 4: reason for the dissatisfaction is because the council just doesn't

1869
01:29:00,040 --> 01:29:05,759
Speaker 4: listen to residents. Stormwater infrastructure satisfaction is at thirty five percent.

1870
01:29:05,880 --> 01:29:08,640
Speaker 4: Back in twenty sixteen it was sixty eight percent, so

1871
01:29:08,840 --> 01:29:10,760
Speaker 4: that has come back big time because they're not putting

1872
01:29:10,840 --> 01:29:13,200
Speaker 4: enough money in and the pipes are bursting everywhere. Good

1873
01:29:13,280 --> 01:29:17,160
Speaker 4: news for Wellington is that people have high satisfaction of culture, events,

1874
01:29:17,240 --> 01:29:20,720
Speaker 4: facilities and transport. And you have to say Wellington's bus

1875
01:29:20,800 --> 01:29:22,800
Speaker 4: system in particularly. I don't know what it's like now.

1876
01:29:22,840 --> 01:29:24,479
Speaker 4: I haven't lived there for some time, but when I

1877
01:29:24,600 --> 01:29:26,599
Speaker 4: was there it was awesome. I remember jumping on one

1878
01:29:26,640 --> 01:29:28,400
Speaker 4: time and I was sitting next to Michael Cullen and

1879
01:29:28,439 --> 01:29:29,960
Speaker 4: I was like, oh, yeah, we're all just sitting on

1880
01:29:30,000 --> 01:29:31,920
Speaker 4: the bus together. This is very, very normal. And of

1881
01:29:31,960 --> 01:29:35,160
Speaker 4: course they've got great cultural events and great facilities and

1882
01:29:35,200 --> 01:29:36,840
Speaker 4: stuff like that, so at least they're keeping the score

1883
01:29:36,920 --> 01:29:39,040
Speaker 4: up on that. I suppose here we go listen to this.

1884
01:29:39,560 --> 01:29:41,920
Speaker 4: I don't want to get you, don't get too excited.

1885
01:29:43,040 --> 01:29:45,439
Speaker 4: You'll understand why in a tick. But this is the

1886
01:29:45,520 --> 01:29:48,120
Speaker 4: oldest known recording of a human voice, right, this is

1887
01:29:48,160 --> 01:29:51,640
Speaker 4: out today. We thought for a really long time that

1888
01:29:51,760 --> 01:29:55,160
Speaker 4: Thomas Edison was the first to record the human voice

1889
01:29:55,280 --> 01:29:58,320
Speaker 4: on his phonograph, but actually we were wrong. It was

1890
01:29:58,360 --> 01:30:01,320
Speaker 4: actually a Frenchman named Edward lane On Scott de Martinville

1891
01:30:01,640 --> 01:30:06,799
Speaker 4: who actually invented what is called a phonotograph in eighteen

1892
01:30:06,880 --> 01:30:11,080
Speaker 4: fifty seven, and he did this twenty years before Thomas

1893
01:30:11,280 --> 01:30:14,400
Speaker 4: Edison managed to record the human voice eighteen fifty seven. Like,

1894
01:30:14,479 --> 01:30:17,240
Speaker 4: that's pretty remarkable. That's coming up a couple hundred years ago,

1895
01:30:17,320 --> 01:30:22,160
Speaker 4: right anyhow, And anyway, the thing is they I don't

1896
01:30:22,240 --> 01:30:23,920
Speaker 4: think that they could play it back at the time

1897
01:30:24,400 --> 01:30:26,639
Speaker 4: because if they did, they would be disappointed with themselves.

1898
01:30:27,120 --> 01:30:29,640
Speaker 4: So somehow some people managed to play it back in

1899
01:30:29,680 --> 01:30:31,120
Speaker 4: the UK. They figured out how to get this thing

1900
01:30:31,200 --> 01:30:35,600
Speaker 4: going and this is the first known recording of the

1901
01:30:35,720 --> 01:30:51,599
Speaker 4: human voice. Imagine being the bit the researcher who went

1902
01:30:51,640 --> 01:30:57,960
Speaker 4: to the BBC with that. No, it sounds like do

1903
01:30:58,000 --> 01:30:59,840
Speaker 4: you know we when you were a kidding you made

1904
01:30:59,880 --> 01:31:03,040
Speaker 4: it zoom with the tooth space tube and you're mo

1905
01:31:03,160 --> 01:31:04,400
Speaker 4: meant to wash it down and then you put a

1906
01:31:04,439 --> 01:31:05,519
Speaker 4: bit of plastic in there.

1907
01:31:05,960 --> 01:31:07,240
Speaker 1: That's what that sounds like.

1908
01:31:07,920 --> 01:31:08,200
Speaker 17: Mate.

1909
01:31:08,680 --> 01:31:11,200
Speaker 4: Had they played that back, they've given up now, don't

1910
01:31:11,240 --> 01:31:14,800
Speaker 4: worry about it. It's rubbish, isn't it. Sixteen away from seven.

1911
01:31:15,360 --> 01:31:18,879
Speaker 2: Crunching the numbers and getting the results. It's Heather Dupice

1912
01:31:19,000 --> 01:31:22,320
Speaker 2: Hellen with the Business Hours thanks to my HR the

1913
01:31:22,560 --> 01:31:24,960
Speaker 2: HL platform for SME on News Talk.

1914
01:31:24,880 --> 01:31:27,400
Speaker 4: CB Indebrady Are UK correspondence with US INDO.

1915
01:31:27,479 --> 01:31:31,200
Speaker 7: Hello, Helloa, Heyory, say it is here?

1916
01:31:31,720 --> 01:31:32,040
Speaker 4: What's it?

1917
01:31:32,200 --> 01:31:34,400
Speaker 3: I'm on my way, I'm on my way. It's a

1918
01:31:34,520 --> 01:31:36,799
Speaker 3: glorious morning here. The sun is shining.

1919
01:31:36,880 --> 01:31:39,120
Speaker 22: It's the best day we've had in ages and it's

1920
01:31:39,160 --> 01:31:42,400
Speaker 22: really important that there is good weather because that will increase.

1921
01:31:42,120 --> 01:31:46,280
Speaker 3: Turnout, which hovers about forty percent. Can you believe it?

1922
01:31:46,400 --> 01:31:49,400
Speaker 22: Six out of ten people in the UK don't normally volte.

1923
01:31:49,520 --> 01:31:50,960
Speaker 22: Let's see if that changes today.

1924
01:31:51,080 --> 01:31:53,479
Speaker 4: Yeah, jeez, I mean honestly, that is really really low,

1925
01:31:53,680 --> 01:31:56,559
Speaker 4: especially given the stakes at the moment. Listen, So are

1926
01:31:56,640 --> 01:31:59,320
Speaker 4: we are we absolutely sure? How how sure are we

1927
01:31:59,479 --> 01:32:01,719
Speaker 4: we can believe the poll's, given the history with Poles,

1928
01:32:01,960 --> 01:32:03,680
Speaker 4: that LIBE is going to get the biggest majority since

1929
01:32:03,720 --> 01:32:04,559
Speaker 4: eighteen thirty six.

1930
01:32:05,960 --> 01:32:08,240
Speaker 3: I think something's going to be very, very wrong.

1931
01:32:08,439 --> 01:32:10,680
Speaker 22: If these polls, and they have been about twenty five

1932
01:32:10,760 --> 01:32:14,080
Speaker 22: of them now at this stage, and poll after poll,

1933
01:32:14,120 --> 01:32:16,720
Speaker 22: they're all pointing in one direction, and.

1934
01:32:16,800 --> 01:32:18,720
Speaker 3: It's getting worse for the Conservatives.

1935
01:32:18,800 --> 01:32:22,080
Speaker 22: I mean the latest one, the final one, is giving

1936
01:32:22,200 --> 01:32:27,000
Speaker 22: Labor not just the supermajority, the biggest majority any political

1937
01:32:27,080 --> 01:32:30,400
Speaker 22: party will have had in this country since eighteen thirty six.

1938
01:32:30,960 --> 01:32:33,000
Speaker 22: That was what the poll before we went to bed

1939
01:32:33,160 --> 01:32:35,639
Speaker 22: last night said. So that will put Labor on four

1940
01:32:35,720 --> 01:32:39,000
Speaker 22: hundred and thirty two seats. If it's correct, it would

1941
01:32:39,040 --> 01:32:41,880
Speaker 22: reduce the Conservative Party to a rump of one hundred

1942
01:32:41,920 --> 01:32:45,160
Speaker 22: and two. That's three times smaller than what they've been

1943
01:32:45,240 --> 01:32:49,360
Speaker 22: for the last five years. And basically Keer Starmer could

1944
01:32:49,360 --> 01:32:52,000
Speaker 22: do whatever he wants. That's the Conservative argument is to

1945
01:32:52,120 --> 01:32:55,760
Speaker 22: stop this super majority, as they're calling it. So look,

1946
01:32:56,439 --> 01:32:59,160
Speaker 22: we'll see what happens. It's a huge day ahead. They've

1947
01:32:59,160 --> 01:33:01,320
Speaker 22: been voting now for forty eight minutes.

1948
01:33:02,160 --> 01:33:04,040
Speaker 4: Do you reckon Rishie's going to hold onto his seat.

1949
01:33:05,400 --> 01:33:06,240
Speaker 3: I don't think he is.

1950
01:33:07,000 --> 01:33:10,000
Speaker 22: I've heard whispers that privately he's been telling very close

1951
01:33:10,080 --> 01:33:13,160
Speaker 22: friends that he fears he's going to lose his seat.

1952
01:33:13,479 --> 01:33:15,400
Speaker 22: I thought it was really interesting where he ended up

1953
01:33:15,439 --> 01:33:18,120
Speaker 22: last night, in the last hours of campaigning, he went

1954
01:33:18,200 --> 01:33:20,519
Speaker 22: back to Southampton where he grew up, and he was

1955
01:33:20,600 --> 01:33:23,840
Speaker 22: knocking on neighbors doors. I think after six weeks of

1956
01:33:23,960 --> 01:33:26,519
Speaker 22: probably not having doors opened to him or not been

1957
01:33:26,560 --> 01:33:29,840
Speaker 22: made very welcome in some places, and a campaign that

1958
01:33:29,920 --> 01:33:33,800
Speaker 22: has lurched from problem to disaster to catastrophe, a lot

1959
01:33:33,840 --> 01:33:36,200
Speaker 22: of it his own making. His critics would say, especially

1960
01:33:36,280 --> 01:33:39,560
Speaker 22: the D Day decision to pay out at halftime. I

1961
01:33:39,640 --> 01:33:41,720
Speaker 22: thought it was really interesting that he went back home

1962
01:33:41,800 --> 01:33:44,280
Speaker 22: to somewhere where at least people might remember him with

1963
01:33:44,520 --> 01:33:48,120
Speaker 22: fun memories. So I think he may well lose his seat.

1964
01:33:48,160 --> 01:33:51,960
Speaker 22: There are sixteen cabinet members predicted to lose their seats

1965
01:33:52,040 --> 01:33:54,200
Speaker 22: if these poles of poles are correct.

1966
01:33:55,040 --> 01:33:59,760
Speaker 4: Now is the reason that Boris Johnson didn't shake Rishie's head.

1967
01:34:00,120 --> 01:34:01,000
Speaker 4: He hides in that much.

1968
01:34:02,400 --> 01:34:03,479
Speaker 3: Yes, in a nutshell.

1969
01:34:03,840 --> 01:34:06,120
Speaker 22: So we were told at the very outset that Johnson

1970
01:34:06,160 --> 01:34:08,880
Speaker 22: would be a massive campaign asset, and he is in

1971
01:34:09,040 --> 01:34:11,240
Speaker 22: much the same way as when the circus comes to town,

1972
01:34:11,320 --> 01:34:13,760
Speaker 22: everyone sticks their head out of the door and goes, oh, look, wow,

1973
01:34:13,840 --> 01:34:19,599
Speaker 22: the clowns are in. Johnson, you know, really divides people.

1974
01:34:19,760 --> 01:34:22,600
Speaker 22: He's a very very divisive man. Some people feel that

1975
01:34:22,680 --> 01:34:24,040
Speaker 22: he has it in him to come back and be

1976
01:34:24,120 --> 01:34:27,559
Speaker 22: a leader again. He certainly thinks so. He certainly blamed

1977
01:34:27,640 --> 01:34:31,439
Speaker 22: Suonac for his demise. My understanding is that in the

1978
01:34:31,520 --> 01:34:34,080
Speaker 22: two years that almost that sun Ak has been Prime Minister,

1979
01:34:34,439 --> 01:34:38,200
Speaker 22: there have been the sum total of two text messages

1980
01:34:38,520 --> 01:34:41,439
Speaker 22: exchanged between them, one of which came the other night

1981
01:34:41,479 --> 01:34:44,400
Speaker 22: from soon Ac to Johnson asking him if he would

1982
01:34:44,400 --> 01:34:47,439
Speaker 22: come to this campaign event and would he speak, And

1983
01:34:47,960 --> 01:34:50,920
Speaker 22: Johnson turned up and he did not shake Suonac's hand.

1984
01:34:51,200 --> 01:34:52,240
Speaker 3: So you see it all the time.

1985
01:34:52,360 --> 01:34:55,320
Speaker 22: Politicians all over the world welcome my friend to the stage.

1986
01:34:55,760 --> 01:34:58,200
Speaker 22: They shake hands, they embrace, there's a hug, maybe a

1987
01:34:58,320 --> 01:35:02,679
Speaker 22: kiss if it's a lady. Johnson did not shake Sunak's hand.

1988
01:35:02,840 --> 01:35:06,800
Speaker 22: The other night he spoke and ranted mostly about not

1989
01:35:06,920 --> 01:35:10,400
Speaker 22: giving what he called starmergeddon. This is the phrase that

1990
01:35:10,520 --> 01:35:13,280
Speaker 22: Johnson has caught coin that if there is a super

1991
01:35:13,400 --> 01:35:16,840
Speaker 22: majority for labor and here starmer it will be starmergeddon.

1992
01:35:17,240 --> 01:35:19,760
Speaker 22: So it wasn't much an endorsement of Sunak. It was

1993
01:35:19,800 --> 01:35:24,280
Speaker 22: more about let's stop labor. So look, fascinating times. I'm

1994
01:35:24,280 --> 01:35:26,120
Speaker 22: going to be working straight through now for probably the

1995
01:35:26,240 --> 01:35:27,759
Speaker 22: next three days without sleep.

1996
01:35:27,880 --> 01:35:29,280
Speaker 3: So have a lovely weekend.

1997
01:35:29,840 --> 01:35:32,439
Speaker 4: Make sure you get your votion. Though in THEO you

1998
01:35:32,560 --> 01:35:33,400
Speaker 4: are going to put that in.

1999
01:35:34,640 --> 01:35:36,439
Speaker 22: I'm on my right now, I'm going to go for

2000
01:35:36,479 --> 01:35:38,240
Speaker 22: a little jog. I'm going to jog down there. You've

2001
01:35:38,240 --> 01:35:40,640
Speaker 22: got to bring photo ID. Yeah, you've just reminded me.

2002
01:35:41,320 --> 01:35:43,479
Speaker 22: It's a new thing here. Normally you turn up and

2003
01:35:43,520 --> 01:35:45,600
Speaker 22: they go, oh you're missus Smith, and you we know you,

2004
01:35:45,680 --> 01:35:47,040
Speaker 22: and you live on that road and we take your

2005
01:35:47,080 --> 01:35:47,800
Speaker 22: name off the street.

2006
01:35:47,880 --> 01:35:48,160
Speaker 3: Whatever.

2007
01:35:49,040 --> 01:35:52,639
Speaker 22: The whole new system as of forty nine minutes ago,

2008
01:35:53,560 --> 01:35:55,640
Speaker 22: you got to bring voter ID. So I'm going to

2009
01:35:55,680 --> 01:35:57,000
Speaker 22: go put a driver's license.

2010
01:35:56,760 --> 01:35:57,200
Speaker 3: In my pocket.

2011
01:35:57,240 --> 01:35:59,479
Speaker 4: Good stuff. I've done a little civic duty into Thank

2012
01:35:59,520 --> 01:36:01,760
Speaker 4: you very much, and enjoy the next three days without sleep.

2013
01:36:01,800 --> 01:36:05,840
Speaker 4: That's Inder Brady, our UK correspondent. Hither, I'm glad you're

2014
01:36:05,840 --> 01:36:08,080
Speaker 4: finding finally pointing out that the GFC has got absolutely

2015
01:36:08,120 --> 01:36:10,439
Speaker 4: nothing to do with the current situation, because economists only

2016
01:36:10,520 --> 01:36:13,000
Speaker 4: quote the GFC given they have not lived through any

2017
01:36:13,040 --> 01:36:16,280
Speaker 4: other times. The seventies recessions were far more comparable to

2018
01:36:16,360 --> 01:36:20,000
Speaker 4: today's economy. Thank you here the back in the seventies

2019
01:36:20,040 --> 01:36:22,719
Speaker 4: and eighties, Wellington was a beautiful city. You could walk anywhere,

2020
01:36:22,840 --> 01:36:26,479
Speaker 4: Ray bang On. I wasn't there, but I would believe

2021
01:36:26,479 --> 01:36:28,720
Speaker 4: that I just certainly less more of a beautiful city

2022
01:36:28,760 --> 01:36:31,240
Speaker 4: than it is now. And I've been told off for

2023
01:36:31,320 --> 01:36:33,360
Speaker 4: laughing at that recording, and that's fair enough by Simon,

2024
01:36:33,400 --> 01:36:35,280
Speaker 4: Because hither we stand on the shoulders of giants. And

2025
01:36:35,280 --> 01:36:37,479
Speaker 4: without these first steps and technology, you wouldn't be talking

2026
01:36:37,520 --> 01:36:39,920
Speaker 4: into a microphone and I wouldn't be listening, And frankly,

2027
01:36:40,040 --> 01:36:42,320
Speaker 4: in about one hundred and eighty years, somebody might listen

2028
01:36:42,360 --> 01:36:45,040
Speaker 4: to a recording of me and laugh hysterically and be like,

2029
01:36:46,200 --> 01:36:50,160
Speaker 4: what were you doing? And that would be that would probably, frankly,

2030
01:36:50,200 --> 01:36:52,160
Speaker 4: I'm surprised people aren't doing that right now, eight away

2031
01:36:52,200 --> 01:36:52,920
Speaker 4: from seven.

2032
01:36:53,680 --> 01:36:57,559
Speaker 2: Whether it's macro microbe or just plain economics. It's all

2033
01:36:57,640 --> 01:37:01,240
Speaker 2: on The Business Hour with Heather Duplicyl and my HR,

2034
01:37:01,640 --> 01:37:03,439
Speaker 2: the HR platform for sm.

2035
01:37:05,520 --> 01:37:05,840
Speaker 7: Okay.

2036
01:37:07,280 --> 01:37:10,639
Speaker 4: So a thing has happened and Andy Andy is Andy's

2037
01:37:10,680 --> 01:37:13,120
Speaker 4: in for Laura today because Laura's got a head cold.

2038
01:37:13,240 --> 01:37:15,479
Speaker 4: Laura says to us Lauris, I said, Laura, I hope

2039
01:37:15,520 --> 01:37:17,599
Speaker 4: you're okay. When I find out she was not at

2040
01:37:17,640 --> 01:37:20,240
Speaker 4: work today, I said, hope you're okay, and I hope

2041
01:37:20,240 --> 01:37:22,760
Speaker 4: you're gonna gonna survive. And she said, I've just got

2042
01:37:22,800 --> 01:37:24,839
Speaker 4: a very bad head cold, but I'll be back tomorrow.

2043
01:37:24,920 --> 01:37:28,400
Speaker 4: And I was like, Okay, that's a Joe Biden type thing,

2044
01:37:28,439 --> 01:37:30,720
Speaker 4: isn't it got a head cold, but I'll be back

2045
01:37:30,720 --> 01:37:32,680
Speaker 4: tomorrow don't worry. So anyway, I don't think she's going

2046
01:37:32,760 --> 01:37:34,000
Speaker 4: to be back tomorrow. And if she is back.

2047
01:37:33,920 --> 01:37:36,920
Speaker 16: Tomorrow, I mean Laura was away overseas, like you know,

2048
01:37:37,080 --> 01:37:38,479
Speaker 16: just a few months ago. She's probably yet.

2049
01:37:39,400 --> 01:37:41,120
Speaker 4: Yeah, no, this is a good point. Actually, I shouldn't

2050
01:37:41,120 --> 01:37:43,360
Speaker 4: be so so tough on her. And everybody has a

2051
01:37:43,400 --> 01:37:45,800
Speaker 4: bad day. But if she is back tomorrow, we're gonna

2052
01:37:45,800 --> 01:37:47,679
Speaker 4: ask you some questions about that head cold and also

2053
01:37:47,760 --> 01:37:49,720
Speaker 4: what magic pills she's taken that got her over that.

2054
01:37:49,760 --> 01:37:52,320
Speaker 4: But anyway, Andy is in at the moment. And Andy

2055
01:37:52,400 --> 01:37:55,760
Speaker 4: actually his expertise is in sport, and he pointed out

2056
01:37:55,800 --> 01:37:59,920
Speaker 4: to me today that we have some new nomenclature going

2057
01:38:00,160 --> 01:38:02,800
Speaker 4: on in the All Blacks at the moment, which is

2058
01:38:02,880 --> 01:38:05,880
Speaker 4: that we've got the we've got the front bench. We've

2059
01:38:05,880 --> 01:38:07,800
Speaker 4: got we've got the ones who start. We've got the

2060
01:38:07,880 --> 01:38:09,840
Speaker 4: old there you go, you are, you are the a

2061
01:38:10,040 --> 01:38:12,719
Speaker 4: squad off you go. You know, Damien McKenzie and Stephen

2062
01:38:12,760 --> 01:38:16,280
Speaker 4: Perafetta and you know Scott Barrett, et cetera. Whatever. And

2063
01:38:16,400 --> 01:38:18,240
Speaker 4: then the people who we would normally have called the

2064
01:38:18,280 --> 01:38:20,000
Speaker 4: c listers who sit on the bench are now called

2065
01:38:20,040 --> 01:38:22,479
Speaker 4: impact players. This is to make them feel better. This

2066
01:38:22,520 --> 01:38:25,280
Speaker 4: is a very NCEEA approach to things to make them

2067
01:38:25,320 --> 01:38:27,000
Speaker 4: feel better about the fact that they're not in the

2068
01:38:27,040 --> 01:38:29,400
Speaker 4: a squad. Anyway, I just wanted to point that out

2069
01:38:29,479 --> 01:38:30,920
Speaker 4: to you. I just wanted to point that out to

2070
01:38:30,960 --> 01:38:33,599
Speaker 4: you because if you are still referring to them as

2071
01:38:34,000 --> 01:38:37,519
Speaker 4: the bench, please, they're not the bench. They are the

2072
01:38:37,640 --> 01:38:38,439
Speaker 4: impact players.

2073
01:38:38,800 --> 01:38:41,280
Speaker 16: And oh that one goes back at way, way a

2074
01:38:41,360 --> 01:38:43,439
Speaker 16: long time ago, Heather, because when I was playing football

2075
01:38:43,479 --> 01:38:45,000
Speaker 16: at the age of fourteen, my dad told me that

2076
01:38:45,040 --> 01:38:46,400
Speaker 16: I was an impact player and that's why I was

2077
01:38:46,400 --> 01:38:50,720
Speaker 16: always studying on the bench before my team. Uh na, na, hey, hey,

2078
01:38:51,000 --> 01:38:55,160
Speaker 16: kiss him goodbye to play us out tonight by Steam. Now, look,

2079
01:38:55,200 --> 01:38:56,880
Speaker 16: we didn't expect brick set to happen, did we. That

2080
01:38:57,000 --> 01:38:58,560
Speaker 16: was supposed to not happen, and then it did. We

2081
01:38:58,640 --> 01:39:01,439
Speaker 16: didn't expect Trump to happen right in twenty sixteen the

2082
01:39:01,520 --> 01:39:03,840
Speaker 16: first time that was Are you saying Rishi's back, Well,

2083
01:39:03,920 --> 01:39:06,000
Speaker 16: I'm just saying that I may have egg on my

2084
01:39:06,080 --> 01:39:08,479
Speaker 16: face for playing this now tomorrow after some sort of

2085
01:39:08,560 --> 01:39:11,080
Speaker 16: unexpected turn around, but I rather think I won't, and

2086
01:39:11,160 --> 01:39:13,400
Speaker 16: I think that there will be lots of British radio

2087
01:39:13,479 --> 01:39:15,680
Speaker 16: stations and people calling into radio stations over the next

2088
01:39:15,680 --> 01:39:18,280
Speaker 16: twenty four hours playing this very song and dedicating it

2089
01:39:18,320 --> 01:39:20,240
Speaker 16: to Rishie soon ate all the best for his next ends.

2090
01:39:20,560 --> 01:39:23,960
Speaker 4: Jeez, honestly, Rushie though, ah, like what a useless politician.

2091
01:39:24,080 --> 01:39:27,200
Speaker 4: I mean if Keir Starmer, who is basically a human

2092
01:39:27,360 --> 01:39:30,439
Speaker 4: version of cardboard because he's that boring, is able to

2093
01:39:30,479 --> 01:39:31,000
Speaker 4: beat you, I.

2094
01:39:31,040 --> 01:39:33,320
Speaker 16: Mean, I don't remember Tony Blair. Was he terribly exciting?

2095
01:39:33,560 --> 01:39:34,679
Speaker 1: Holy are you mad?

2096
01:39:35,280 --> 01:39:36,360
Speaker 16: Yes, Okay, there we go.

2097
01:39:36,640 --> 01:39:39,200
Speaker 4: Everybody loved him. Tony Blair was a phenomenon.

2098
01:39:39,600 --> 01:39:40,800
Speaker 16: And then it turned out all they need to do

2099
01:39:40,920 --> 01:39:42,160
Speaker 16: was find a really boring I need.

2100
01:39:42,080 --> 01:39:44,360
Speaker 4: To find a cardboard cutout and say this person's alive.

2101
01:39:44,400 --> 01:39:47,240
Speaker 4: And we went, oh, just like they do with Joe Biden. Anyway, Anyway,

2102
01:39:47,400 --> 01:39:49,280
Speaker 4: that's the end of the Joe Biden jokes for now.

2103
01:39:49,439 --> 01:39:51,920
Speaker 4: I've had a feast today on them. I really have

2104
01:39:52,120 --> 01:39:52,800
Speaker 4: enjoy your evening.

2105
01:40:04,280 --> 01:40:07,400
Speaker 2: For more from Hither Duplessy Allen Drive, listen live to

2106
01:40:07,520 --> 01:40:10,559
Speaker 2: News Talks at b from four pm weekdays, or follow

2107
01:40:10,600 --> 01:40:12,360
Speaker 2: the podcast on iHeartRadio.