1 00:00:01,200 --> 00:00:05,320 Speaker 1: The issues, the interviews and the insight. Ryan Bridge on 2 00:00:05,600 --> 00:00:09,840 Speaker 1: Earli Ereditia with our the Supercenter, explore our v successories 3 00:00:09,880 --> 00:00:12,680 Speaker 1: and servicing all in one news talks. There'd be good. 4 00:00:12,560 --> 00:00:15,600 Speaker 2: Morning Thursday morning. Should we be selling more state housing stock? 5 00:00:15,640 --> 00:00:18,040 Speaker 2: Infect should we be selling all of it? Trump's basically 6 00:00:18,079 --> 00:00:20,200 Speaker 2: trying to fix the Argentinian election. We'll look at that 7 00:00:20,239 --> 00:00:23,080 Speaker 2: this morning. New numbers on big airfare, increases, the battle 8 00:00:23,079 --> 00:00:25,520 Speaker 2: between airports and are in Z carries on and we'll 9 00:00:25,560 --> 00:00:27,400 Speaker 2: talk to the guys bringing back the more. 10 00:00:29,040 --> 00:00:30,800 Speaker 1: The agenda Thursday. 11 00:00:30,440 --> 00:00:32,559 Speaker 2: The sixth thing of October. Great to have your company. 12 00:00:32,600 --> 00:00:35,960 Speaker 2: So he mus handed back four hostages bodies Israel says, 13 00:00:36,040 --> 00:00:36,520 Speaker 2: one of them. 14 00:00:36,560 --> 00:00:40,240 Speaker 3: Ain't ours clear when we say this come us? 15 00:00:40,280 --> 00:00:43,879 Speaker 4: The terror organization is required to uphold its commitments to 16 00:00:43,920 --> 00:00:47,240 Speaker 4: the mediators and return all of our hostages as part 17 00:00:47,320 --> 00:00:51,320 Speaker 4: of the implementation of this agreement. We will not compromise 18 00:00:51,400 --> 00:00:54,320 Speaker 4: on this, and we will spare no effort until our 19 00:00:54,960 --> 00:00:56,360 Speaker 4: fallen hostages return. 20 00:00:56,480 --> 00:00:58,800 Speaker 2: Meanwhile, Trump has said that BB's has made be Be 21 00:00:59,000 --> 00:01:02,040 Speaker 2: not the easiest to work with, and yeah, Who's responded, Well, 22 00:01:02,080 --> 00:01:02,760 Speaker 2: hope he says. 23 00:01:02,600 --> 00:01:05,400 Speaker 5: That because I'm very tough on the matters that pretend 24 00:01:05,400 --> 00:01:10,560 Speaker 5: to my country's future. When I believe that what I'm 25 00:01:10,600 --> 00:01:15,320 Speaker 5: asked to do it is fine, I say this. And 26 00:01:15,360 --> 00:01:18,320 Speaker 5: when I think I have to say no, I say it. 27 00:01:19,160 --> 00:01:21,920 Speaker 5: And that's my job. My job is to protect the 28 00:01:22,000 --> 00:01:25,039 Speaker 5: Jewish state and assure the future of the Jewish people. 29 00:01:25,120 --> 00:01:28,240 Speaker 2: To Argentinia, we have Mlai. This is the libertarian leader 30 00:01:28,280 --> 00:01:31,319 Speaker 2: who's doing all the big reforms. Got some midterms coming up, 31 00:01:31,400 --> 00:01:35,119 Speaker 2: and Trump has stepped up with twenty billion dollars in aid. 32 00:01:35,280 --> 00:01:38,000 Speaker 2: This is basically to bail out the currency, and he's 33 00:01:38,120 --> 00:01:41,399 Speaker 2: pretty much said this is to influence the vote. 34 00:01:41,480 --> 00:01:43,920 Speaker 6: If he loses, we are not going to be generous 35 00:01:43,920 --> 00:01:44,720 Speaker 6: with Argentina. 36 00:01:44,840 --> 00:01:46,039 Speaker 3: We're going to work very. 37 00:01:46,000 --> 00:01:49,320 Speaker 6: Much with the president. We think he's going to win, 38 00:01:49,760 --> 00:01:52,080 Speaker 6: he should win, and if he does win, we're going 39 00:01:52,120 --> 00:01:54,120 Speaker 6: to be very helpful. And if he doesn't win, we're 40 00:01:54,160 --> 00:01:57,000 Speaker 6: not going to waste our time because you have somebody 41 00:01:57,040 --> 00:02:00,920 Speaker 6: whose philosophy has no chance of making argent Jenna great again. 42 00:02:02,200 --> 00:02:04,800 Speaker 1: The news you need this morning and the in depth 43 00:02:04,800 --> 00:02:09,120 Speaker 1: analysis Early edition with Ryan Bridge and r V Supercenter 44 00:02:09,360 --> 00:02:12,720 Speaker 1: explore r v's accessories and servicing. Fall than one. 45 00:02:12,639 --> 00:02:14,880 Speaker 2: News talks a'd be nine two nine two, just gone 46 00:02:14,919 --> 00:02:17,160 Speaker 2: eight half to five. We have more on the Argentinian 47 00:02:17,160 --> 00:02:20,880 Speaker 2: situation later in the programs. Simeon Brown is putting his 48 00:02:21,000 --> 00:02:23,400 Speaker 2: big boy pants on this morning. He's going into the 49 00:02:23,440 --> 00:02:27,240 Speaker 2: lions Den. This is to a union conference to Papa 50 00:02:27,240 --> 00:02:30,440 Speaker 2: and Wellington two hundred senior doctors. They got the strike. 51 00:02:30,480 --> 00:02:32,960 Speaker 2: They've got the mega strike coming next week, which is 52 00:02:32,960 --> 00:02:36,359 Speaker 2: all very exciting, but they've basically been at war but 53 00:02:36,520 --> 00:02:39,320 Speaker 2: sparring at a distance. Now Simeon's getting in the cage, 54 00:02:39,440 --> 00:02:41,560 Speaker 2: so'd be interesting to see that's coming after nine o'clock 55 00:02:41,600 --> 00:02:44,639 Speaker 2: this morning, and he hates it. They hate it, I 56 00:02:44,680 --> 00:02:47,640 Speaker 2: should say. Whenever he says how much they get paid, 57 00:02:48,200 --> 00:02:50,639 Speaker 2: so he always says the average pay and he always 58 00:02:50,639 --> 00:02:53,519 Speaker 2: gets in there. The teas and seys with overtime and 59 00:02:54,200 --> 00:02:57,360 Speaker 2: bonuses is three hundred and forty thousand dollars a year, 60 00:02:57,400 --> 00:03:00,320 Speaker 2: which would actually be more than he earns. Anyway, makes 61 00:03:00,320 --> 00:03:02,400 Speaker 2: them very grumpy. So it'd be interesting to see whether 62 00:03:02,400 --> 00:03:05,040 Speaker 2: he mentions that when he speaks to them and addresses 63 00:03:05,080 --> 00:03:08,600 Speaker 2: them at Papa today. Here's a question for you this morning, 64 00:03:09,040 --> 00:03:11,800 Speaker 2: which party do you most trust on an education? I 65 00:03:11,840 --> 00:03:13,920 Speaker 2: was thinking about this last night. The polls on the 66 00:03:13,960 --> 00:03:17,680 Speaker 2: economy don't exactly bode well for the coalition? Do they 67 00:03:17,760 --> 00:03:20,600 Speaker 2: all don't bode well for national in particular, I should say, 68 00:03:20,639 --> 00:03:22,720 Speaker 2: and that's no surprise. I mean, look at the economy. 69 00:03:23,080 --> 00:03:27,400 Speaker 2: The recovery's been faltering, being patchy. We've got the Reserve 70 00:03:27,440 --> 00:03:29,440 Speaker 2: Bank doing all the heavy lifting, which they've been a 71 00:03:29,480 --> 00:03:32,000 Speaker 2: little bit reluctant to do with any gusto of late 72 00:03:33,320 --> 00:03:37,040 Speaker 2: until of late. I should say, the results basically speak 73 00:03:37,080 --> 00:03:39,720 Speaker 2: for themselves. We went backwards almost a percent in quarter two. 74 00:03:39,760 --> 00:03:42,520 Speaker 2: But if you're judging the economy on results, that means 75 00:03:42,560 --> 00:03:45,920 Speaker 2: that results must be important, right, And if results are important, 76 00:03:46,000 --> 00:03:48,720 Speaker 2: you cannot deny the quick wins that Erica Stamford's having 77 00:03:48,720 --> 00:03:52,920 Speaker 2: an education? Can you turns out doing basic things regularly 78 00:03:53,000 --> 00:03:55,800 Speaker 2: and with structure gets results. Who would have thought so? 79 00:03:56,000 --> 00:03:59,200 Speaker 2: The polls on the economy are fair, But I would 80 00:03:59,240 --> 00:04:02,320 Speaker 2: love to know whether the same logic applies to education, 81 00:04:02,440 --> 00:04:06,200 Speaker 2: which is usually a default portfolio in the bag for labor. 82 00:04:06,840 --> 00:04:08,000 Speaker 1: Bryan Bridge five. 83 00:04:07,920 --> 00:04:10,280 Speaker 2: Ten on News talksb We'll head to Dallas in the 84 00:04:10,320 --> 00:04:13,560 Speaker 2: state's next talk to this biotech company about our MA 85 00:04:13,880 --> 00:04:15,280 Speaker 2: and Peter Jackson. 86 00:04:15,960 --> 00:04:19,760 Speaker 1: Get ahead of the headlines on early edition with Brian 87 00:04:19,839 --> 00:04:24,680 Speaker 1: Bridge and r V Supercenter explore RV's accessories and servicing 88 00:04:24,800 --> 00:04:26,719 Speaker 1: all in one News TALKS'B. 89 00:04:26,440 --> 00:04:29,919 Speaker 2: Five twelve at Tyndall's R three sixty thing. This drama 90 00:04:30,000 --> 00:04:31,960 Speaker 2: seems to me to just be a little over the 91 00:04:32,000 --> 00:04:35,719 Speaker 2: top and outrageous. How can you say? In New Zealand 92 00:04:35,720 --> 00:04:38,839 Speaker 2: along with part of eight national rugby organizations that have 93 00:04:38,880 --> 00:04:41,919 Speaker 2: said basically any player that plays for this won't be 94 00:04:42,000 --> 00:04:44,800 Speaker 2: selected for tests. But then you have the Aussie Rugby 95 00:04:44,880 --> 00:04:47,440 Speaker 2: League Commission come out and say we're going to go 96 00:04:47,520 --> 00:04:50,520 Speaker 2: one further. We are going to ban any player who 97 00:04:50,600 --> 00:04:54,520 Speaker 2: joins this new upstart outfit for a decade. Can you 98 00:04:54,600 --> 00:04:57,920 Speaker 2: do that? It's obviously meant as a massive threat, like 99 00:04:57,960 --> 00:05:00,320 Speaker 2: if you're off contract at the moment, or you're coming 100 00:05:00,320 --> 00:05:02,920 Speaker 2: off contract, you might be shaking in your boots a bit. 101 00:05:03,000 --> 00:05:05,840 Speaker 2: Or if I go with Tyndall and the Saudis then 102 00:05:05,960 --> 00:05:07,680 Speaker 2: I won't be able to come back here if I 103 00:05:07,800 --> 00:05:11,600 Speaker 2: need to, So it's kind of a standover tactic, isn't it. 104 00:05:11,680 --> 00:05:16,400 Speaker 2: They even this is The Aussies call this a pirate 105 00:05:17,080 --> 00:05:21,920 Speaker 2: economic outfit. They are economic pirates. Is this even legal 106 00:05:22,040 --> 00:05:24,800 Speaker 2: or enforceable. I would question that. And this idea that 107 00:05:24,880 --> 00:05:27,600 Speaker 2: you train Westment all this time, training up all these players, 108 00:05:28,200 --> 00:05:29,919 Speaker 2: and then they can't just run away and play for 109 00:05:29,960 --> 00:05:33,360 Speaker 2: someone else. That's what every business does. Think of a 110 00:05:33,440 --> 00:05:35,919 Speaker 2: law firm, they train up lawyers and then the lawyers 111 00:05:35,960 --> 00:05:38,960 Speaker 2: bugger off and work for another firm. Is this not 112 00:05:39,040 --> 00:05:42,520 Speaker 2: any different? Five to fourteen, Ryan Bridge, You remember the 113 00:05:42,560 --> 00:05:45,440 Speaker 2: American biotech outfit that wants to bring them more back 114 00:05:45,480 --> 00:05:48,320 Speaker 2: to life here in New Zealand. It's called Colossal Bioscience. 115 00:05:48,360 --> 00:05:51,240 Speaker 2: They're in Dallas. They did the dire Wolf pups. They 116 00:05:51,320 --> 00:05:54,520 Speaker 2: use ancient DNA and then they use gene editing and Huila, 117 00:05:54,680 --> 00:05:56,919 Speaker 2: they're back to life. They say they want to do 118 00:05:56,960 --> 00:05:58,920 Speaker 2: the same with the Mora and Sir Peter Jackson Ben 119 00:05:59,000 --> 00:06:02,839 Speaker 2: Lamb is their tie executive and co founder. Morning Ben, Hey, 120 00:06:02,880 --> 00:06:05,120 Speaker 2: how's it going very well? Thank you? So are you 121 00:06:05,240 --> 00:06:06,760 Speaker 2: really going to bring back the MOA or are you 122 00:06:06,839 --> 00:06:08,440 Speaker 2: going to bring back something that's kind of like the 123 00:06:08,480 --> 00:06:09,360 Speaker 2: mob but not quite the MA? 124 00:06:10,480 --> 00:06:12,040 Speaker 7: Well, I mean yeah, we're going to bring back the Moa, 125 00:06:12,160 --> 00:06:13,880 Speaker 7: just like we brought back the dire Wolves, and we're 126 00:06:13,880 --> 00:06:15,440 Speaker 7: working on mammos and dodos. 127 00:06:15,080 --> 00:06:18,000 Speaker 2: As well, but they don't you're not actually bring back 128 00:06:18,040 --> 00:06:20,719 Speaker 2: the ma, right. Like with the wolves, it's a great 129 00:06:20,760 --> 00:06:24,839 Speaker 2: wolf that has some characteristics of what has. 130 00:06:24,720 --> 00:06:27,960 Speaker 7: The genes, so it has the genes that are specific 131 00:06:28,480 --> 00:06:31,159 Speaker 7: to that of the dire wolf that made a direwolf direwolf. 132 00:06:31,200 --> 00:06:35,000 Speaker 7: And so there's about sixty thousand years of genetic divergence 133 00:06:35,000 --> 00:06:37,680 Speaker 7: between our two diarwl samples, and we have about five 134 00:06:37,720 --> 00:06:40,120 Speaker 7: hundred times more data than anyone's ever had. 135 00:06:39,960 --> 00:06:40,679 Speaker 3: On our wolves. 136 00:06:40,760 --> 00:06:42,599 Speaker 7: And so what we do at Colossal, because we're a 137 00:06:42,600 --> 00:06:45,120 Speaker 7: geno engineering company, is think of us about think of 138 00:06:45,160 --> 00:06:46,960 Speaker 7: it as like rebuilding. 139 00:06:46,440 --> 00:06:47,760 Speaker 3: Extinct species for today. 140 00:06:47,839 --> 00:06:48,000 Speaker 5: Right. 141 00:06:48,240 --> 00:06:50,040 Speaker 3: So I don't know if you've seen Jurassic Park. 142 00:06:50,080 --> 00:06:52,920 Speaker 7: We occasionally get that reference, but it's just like Jurassic 143 00:06:52,920 --> 00:06:55,040 Speaker 7: Park in that in that regard, So we identify the 144 00:06:55,040 --> 00:06:57,760 Speaker 7: core genes that make some mammoth the mammoth and la 145 00:06:57,880 --> 00:07:02,400 Speaker 7: moa direwolf darwolf and engineer them into their closest living relatives. 146 00:07:02,480 --> 00:07:06,920 Speaker 7: There's actually more genetic distance between our two dire wolves 147 00:07:07,120 --> 00:07:09,720 Speaker 7: than there are from our most recent dire wolf, which 148 00:07:09,760 --> 00:07:12,600 Speaker 7: was calved one thousand, five hundred years ago and today's 149 00:07:12,640 --> 00:07:13,320 Speaker 7: modern wolf. 150 00:07:13,320 --> 00:07:15,480 Speaker 3: And so that that's how evolution works. 151 00:07:15,520 --> 00:07:18,240 Speaker 7: There's a lot of things that are called fixed mutations 152 00:07:18,400 --> 00:07:21,720 Speaker 7: that drive core phenotypes or physical attributes, and those. 153 00:07:21,480 --> 00:07:24,840 Speaker 2: Are the things that we identify when we picture a maa. 154 00:07:25,240 --> 00:07:27,960 Speaker 2: I'm picturing it, you know, a seven meja told giant 155 00:07:28,040 --> 00:07:30,760 Speaker 2: bird running through the night of forest of New Zealand. 156 00:07:30,840 --> 00:07:32,160 Speaker 2: Is that what we'll get? 157 00:07:32,720 --> 00:07:33,000 Speaker 1: Yeah? 158 00:07:33,000 --> 00:07:35,280 Speaker 7: So, I mean it will have all the core phenotypes 159 00:07:35,320 --> 00:07:37,600 Speaker 7: that are driven by the core genes that made a 160 00:07:37,680 --> 00:07:39,840 Speaker 7: moa mo now work. There's as you probably know, there's 161 00:07:39,960 --> 00:07:41,960 Speaker 7: nine species of moa. 162 00:07:43,000 --> 00:07:46,600 Speaker 3: One yeah, no, no, no, we're focusing on the South. 163 00:07:46,360 --> 00:07:50,040 Speaker 7: Island giant moa, so the first one, which was the 164 00:07:50,080 --> 00:07:50,680 Speaker 7: biggest maha. 165 00:07:50,960 --> 00:07:52,680 Speaker 3: So that's one that we're starting with. 166 00:07:52,760 --> 00:07:56,840 Speaker 7: And then if the you know, New Zealand people, other 167 00:07:56,920 --> 00:07:59,960 Speaker 7: groups of the Malory people as well as the government 168 00:08:00,200 --> 00:08:02,400 Speaker 7: want us to work on other moss species, we'd be 169 00:08:02,400 --> 00:08:04,400 Speaker 7: open to it. But right now we're working with the 170 00:08:04,440 --> 00:08:08,239 Speaker 7: Knightsahu Research Center and specifically the South Island giamo. 171 00:08:08,560 --> 00:08:10,840 Speaker 2: Okay, and how long before we could see it running 172 00:08:10,840 --> 00:08:11,640 Speaker 2: around the bush again. 173 00:08:12,240 --> 00:08:14,480 Speaker 3: So I think it'll be a ten year project. 174 00:08:14,600 --> 00:08:17,360 Speaker 7: It's a hard project, It's not quite as hard as 175 00:08:17,600 --> 00:08:18,760 Speaker 7: some of our other projects. 176 00:08:18,760 --> 00:08:21,920 Speaker 3: But it is a very hard project. You know, there's 177 00:08:21,920 --> 00:08:24,280 Speaker 3: not great DNA. There's not been great samples. 178 00:08:24,600 --> 00:08:27,760 Speaker 7: We've now gone through and sampled, you know, over one 179 00:08:27,840 --> 00:08:30,720 Speaker 7: hundred different bones or sorry, two hundred different bones, and 180 00:08:30,720 --> 00:08:34,080 Speaker 7: so we're not collecting those additional samples. And the first 181 00:08:34,120 --> 00:08:35,959 Speaker 7: thing that we do is to collect the ancient DNA 182 00:08:36,320 --> 00:08:38,000 Speaker 7: and then we have to map it all. We have 183 00:08:38,000 --> 00:08:41,000 Speaker 7: to do genetic reconstruction of the ancient genomes and then 184 00:08:41,040 --> 00:08:43,880 Speaker 7: map it to the closest living relatives in a different 185 00:08:44,080 --> 00:08:46,679 Speaker 7: and we do a ton of genome sequencing, like in 186 00:08:46,720 --> 00:08:50,040 Speaker 7: the case the dire wolves, people mistakenly thought the dire 187 00:08:50,080 --> 00:08:52,360 Speaker 7: wolves were closely related to jackals. 188 00:08:52,600 --> 00:08:53,760 Speaker 3: Than they were wolves. 189 00:08:54,320 --> 00:08:56,920 Speaker 7: Once we go through the process of understanding the genomes, 190 00:08:57,080 --> 00:09:00,160 Speaker 7: we can actually understand specifically. 191 00:08:59,559 --> 00:09:01,120 Speaker 3: Where they far philo genetically. 192 00:09:01,160 --> 00:09:03,280 Speaker 7: So there's a lot of really great data that comes 193 00:09:03,280 --> 00:09:05,880 Speaker 7: out of this from an educational perspective in terms of 194 00:09:05,920 --> 00:09:08,760 Speaker 7: like where animals actually sit in this this tree of life. 195 00:09:08,880 --> 00:09:11,679 Speaker 3: And so that is the phase that we're into the project. 196 00:09:11,760 --> 00:09:15,679 Speaker 7: Now, as we get through that phase, will then identify 197 00:09:15,800 --> 00:09:18,760 Speaker 7: kind of like what the genetic donor will be. And 198 00:09:18,800 --> 00:09:22,160 Speaker 7: then so who were we start from an editing perspective 199 00:09:22,400 --> 00:09:24,079 Speaker 7: and then we'll start editing from there. 200 00:09:25,960 --> 00:09:27,520 Speaker 2: All right, then it sounds like you've got a lot 201 00:09:27,559 --> 00:09:29,200 Speaker 2: on your hands. Will let you get into it. That's 202 00:09:29,200 --> 00:09:33,240 Speaker 2: been Lamb from Colossal Bioscience as the CEO and co founder. 203 00:09:33,320 --> 00:09:34,839 Speaker 2: It is eighteen minutes after five. 204 00:09:37,920 --> 00:09:41,160 Speaker 1: This is news Talk said be breaking news. 205 00:09:41,320 --> 00:09:44,200 Speaker 2: Breaking news this morning, a statement from the Prime Minister. 206 00:09:44,400 --> 00:09:47,840 Speaker 2: That's the right Honorable Jim Bolger, former Prime Minister of 207 00:09:47,880 --> 00:09:52,040 Speaker 2: New Zealand, has passed away. Christopher Luxean's issued a statement 208 00:09:52,280 --> 00:09:54,400 Speaker 2: and has said that he was a towering figure in 209 00:09:54,400 --> 00:09:58,239 Speaker 2: New Zealand's political life, a leader of conviction, a reformer 210 00:09:58,280 --> 00:10:01,240 Speaker 2: of consequence, and a servant of the people whose legacy 211 00:10:01,320 --> 00:10:04,880 Speaker 2: has shaped our nation in profound and lasting ways. I 212 00:10:04,920 --> 00:10:08,000 Speaker 2: can tell you he turned ninety this year. He was 213 00:10:08,080 --> 00:10:11,880 Speaker 2: the Prime Minister from nineteen ninety through nineteen ninety seven. 214 00:10:12,679 --> 00:10:16,280 Speaker 2: Very influential leader for the country but also within the 215 00:10:16,360 --> 00:10:19,480 Speaker 2: National Party. So just repeating that breaking news this morning. Sadly, 216 00:10:20,640 --> 00:10:23,840 Speaker 2: the right Honorable Jim Bolger, former Prime Minister of New Zealand, 217 00:10:24,160 --> 00:10:24,680 Speaker 2: has died. 218 00:10:25,679 --> 00:10:26,679 Speaker 1: Ryan Bridge. 219 00:10:26,760 --> 00:10:29,600 Speaker 2: He's gone eighteen minutes after five. So we'll have reaction 220 00:10:29,800 --> 00:10:32,680 Speaker 2: to that very sad news for you this morning. Nine 221 00:10:32,720 --> 00:10:35,960 Speaker 2: two ninety two is the number to text. And also 222 00:10:36,000 --> 00:10:38,520 Speaker 2: we are going to talk about Simeon Brown heading to 223 00:10:38,520 --> 00:10:41,680 Speaker 2: the health conference. We'll talk about, oh, if you're going 224 00:10:41,679 --> 00:10:44,560 Speaker 2: to America, you want to go to America, well you 225 00:10:44,640 --> 00:10:47,520 Speaker 2: might want to be a little conservative with what you're 226 00:10:47,520 --> 00:10:50,920 Speaker 2: putting on social media because they are revoking visas left, 227 00:10:51,000 --> 00:10:52,959 Speaker 2: right and center. We'll look at that too. News Talk 228 00:10:53,000 --> 00:10:53,600 Speaker 2: set Bach. 229 00:10:54,400 --> 00:10:58,600 Speaker 1: On your radio and online on iHeartRadio early edition with 230 00:10:58,840 --> 00:11:03,439 Speaker 1: Ryan Bridge and are the Supercenter explore are these accessories 231 00:11:03,480 --> 00:11:04,880 Speaker 1: and servicing all in one? 232 00:11:05,040 --> 00:11:07,560 Speaker 2: News Talk said be five twenty one on news Talks. 233 00:11:07,559 --> 00:11:09,400 Speaker 2: Sa'd be the very sad news this morning that Jim 234 00:11:09,440 --> 00:11:12,440 Speaker 2: Bolger has passed away and we're getting tributes flowing. And 235 00:11:12,440 --> 00:11:15,200 Speaker 2: now this one from Winston Peters, who's our foreign minister. 236 00:11:15,280 --> 00:11:18,840 Speaker 2: And of course they had a fractress relationship through the nineties, 237 00:11:18,880 --> 00:11:21,679 Speaker 2: didn't they. But he says in his statement that from 238 00:11:21,760 --> 00:11:24,480 Speaker 2: nineteen ninety six onwards, mister Bolder and I led New 239 00:11:24,559 --> 00:11:27,880 Speaker 2: Zealand's first MMP government, which was a coalition between the 240 00:11:27,880 --> 00:11:31,080 Speaker 2: two much like the current arrangement. As the leader of 241 00:11:31,120 --> 00:11:33,840 Speaker 2: mister Bolder's coalition partner. I can attest he was a 242 00:11:33,880 --> 00:11:36,600 Speaker 2: man of his word. He did what he said he 243 00:11:36,679 --> 00:11:39,520 Speaker 2: was going to do, and we ran our coalition government 244 00:11:39,600 --> 00:11:43,480 Speaker 2: with integrity, focus and fidelity to New Zealanders who had 245 00:11:43,480 --> 00:11:46,719 Speaker 2: delivered a majority to our two political parties. He was 246 00:11:46,760 --> 00:11:49,240 Speaker 2: a proud New Zealander who served his country well as 247 00:11:49,240 --> 00:11:52,080 Speaker 2: Prime Minister. Those are the words of Winston Peter's twenty 248 00:11:52,080 --> 00:11:52,960 Speaker 2: two Minutes after. 249 00:11:52,760 --> 00:11:54,439 Speaker 1: Five Bryan Bridge. 250 00:11:54,480 --> 00:11:56,440 Speaker 2: If you feel like we're paying the highest price for 251 00:11:56,480 --> 00:12:00,000 Speaker 2: domestic airfes, you're wore not wrong. The Airport Council International 252 00:12:00,320 --> 00:12:03,120 Speaker 2: says domestic airfairs have increased sixty three percent in this 253 00:12:03,160 --> 00:12:05,480 Speaker 2: country since twenty nineteen. That's one of the biggest jumps 254 00:12:05,480 --> 00:12:08,240 Speaker 2: in the world. The report says it's mostly down to inflation, 255 00:12:08,400 --> 00:12:10,599 Speaker 2: not airport fees. Billy Moore is New Ze only the 256 00:12:10,600 --> 00:12:15,559 Speaker 2: Airport's Association Chief executive, Billy good morning, Good morning. This 257 00:12:15,600 --> 00:12:18,400 Speaker 2: report is from an It's an airport's group, isn't it? 258 00:12:18,440 --> 00:12:20,720 Speaker 2: So they would say this, wouldn't they look? 259 00:12:21,000 --> 00:12:23,840 Speaker 8: Yeah, you're right, there's a global airports group. But the 260 00:12:23,880 --> 00:12:27,040 Speaker 8: methodology is robust. It draws on the same global data 261 00:12:27,080 --> 00:12:29,800 Speaker 8: sets used by both airports and airlines around the world, 262 00:12:29,840 --> 00:12:31,920 Speaker 8: so the data is sound. 263 00:12:32,679 --> 00:12:35,040 Speaker 2: In New Zealand says, look, our costs have gone up. 264 00:12:35,120 --> 00:12:37,960 Speaker 2: That's the reason that the fares are going up. You know, 265 00:12:37,960 --> 00:12:40,240 Speaker 2: their costs are up forty percent of twenty nineteen. Their 266 00:12:40,240 --> 00:12:41,680 Speaker 2: prices are up thirty five percent. 267 00:12:43,320 --> 00:12:47,880 Speaker 8: Look, criticizing airport charges has long been a business strategy 268 00:12:47,920 --> 00:12:52,360 Speaker 8: for large airlines at every point in the cycle. But 269 00:12:52,400 --> 00:12:55,040 Speaker 8: the airport charges are not the reason. It costs one 270 00:12:55,080 --> 00:12:57,920 Speaker 8: thy fifteen hundred dollars to fly to a regional center 271 00:12:59,040 --> 00:13:02,240 Speaker 8: on average, and airport charge is about five seven percent 272 00:13:02,280 --> 00:13:06,280 Speaker 8: of a total airline operating costs. What this report is 273 00:13:06,320 --> 00:13:10,400 Speaker 8: showing us is that the New Zealand's flight cost and 274 00:13:10,440 --> 00:13:13,520 Speaker 8: increases are the highest in the region. It's sixty three percent. 275 00:13:14,600 --> 00:13:19,120 Speaker 8: It is time to look more closely at why that is. 276 00:13:18,679 --> 00:13:22,920 Speaker 8: The key driver that we see is around capacity reduction. 277 00:13:23,160 --> 00:13:28,400 Speaker 8: So as airlines reduce their capacity, they're spreading those cost 278 00:13:28,480 --> 00:13:32,280 Speaker 8: increases that they're citing over a smaller number of passengers. 279 00:13:32,720 --> 00:13:36,080 Speaker 8: That's why flights are so full, that's why in views 280 00:13:36,120 --> 00:13:38,080 Speaker 8: are so high, and we really need to see that 281 00:13:38,160 --> 00:13:39,040 Speaker 8: start to tune around. 282 00:13:39,480 --> 00:13:41,520 Speaker 2: I mean, they've got engine issues, this is what they 283 00:13:41,559 --> 00:13:44,400 Speaker 2: would argue anyway, is this just more of the it's 284 00:13:44,440 --> 00:13:47,360 Speaker 2: the airports versus the New Zealand. You know, this is 285 00:13:47,400 --> 00:13:49,240 Speaker 2: the long running saga continues. 286 00:13:49,840 --> 00:13:52,199 Speaker 8: Oh look, you know, as I see, it's long been 287 00:13:52,240 --> 00:13:57,240 Speaker 8: a strategy for them to target airports. Is the problem? 288 00:13:57,280 --> 00:14:00,000 Speaker 8: I think this that's not the case. 289 00:14:00,080 --> 00:14:01,599 Speaker 2: But your things are going up on they walking the 290 00:14:01,640 --> 00:14:04,120 Speaker 2: airport one hundred and forty four million dollars this year, 291 00:14:04,200 --> 00:14:07,040 Speaker 2: it'll be four hundred and seventy six million dollars by 292 00:14:07,080 --> 00:14:09,400 Speaker 2: twenty thirty two that they've got to pay. 293 00:14:10,559 --> 00:14:13,480 Speaker 8: It's not that is a number that the airlines have 294 00:14:13,600 --> 00:14:16,480 Speaker 8: come up with. They're also going to be making is 295 00:14:16,520 --> 00:14:18,720 Speaker 8: it wrong? Billion dollars from that amount? 296 00:14:19,320 --> 00:14:23,280 Speaker 2: Is the number wrong? Is the number wrong? How much 297 00:14:23,320 --> 00:14:25,320 Speaker 2: will they be paying in twenty thirty two if not 298 00:14:25,320 --> 00:14:26,720 Speaker 2: four hundred and seventy six million. 299 00:14:27,560 --> 00:14:31,520 Speaker 8: The reason why that's not a number that's actually out 300 00:14:31,560 --> 00:14:33,720 Speaker 8: there is because the airport test to console with the 301 00:14:33,840 --> 00:14:37,200 Speaker 8: lines before they make any decisions around those cost to 302 00:14:37,200 --> 00:14:40,520 Speaker 8: twenty thirty two. So it is a lobbying exercise from 303 00:14:40,560 --> 00:14:42,160 Speaker 8: the airlines to come up with that number. 304 00:14:42,200 --> 00:14:45,080 Speaker 2: All right, So the numbers wrong, numbers wrong? Billy, appreciate 305 00:14:45,080 --> 00:14:47,360 Speaker 2: your time this morning. That's Billy Moore and New Zealand 306 00:14:47,400 --> 00:14:50,360 Speaker 2: Airport's Association Chief Executive. Time is twenty five after five 307 00:14:50,440 --> 00:14:52,359 Speaker 2: News Talks B the early. 308 00:14:52,240 --> 00:14:55,640 Speaker 1: Edition full the show podcast on Ihart Radio how It 309 00:14:55,760 --> 00:14:56,440 Speaker 1: By News. 310 00:14:56,200 --> 00:15:00,040 Speaker 2: Talks A B, News TALKSB five twenty seven. This this 311 00:15:00,120 --> 00:15:02,800 Speaker 2: idea that our trading partners will somehow punish us for 312 00:15:03,080 --> 00:15:05,760 Speaker 2: lacking ambition on climate change. I don't think passes the 313 00:15:05,760 --> 00:15:09,040 Speaker 2: sniff test. Yes, there are some provisions and some agreements, 314 00:15:09,040 --> 00:15:12,400 Speaker 2: but they're vaguely worded enough that you can drive around them. 315 00:15:12,960 --> 00:15:15,200 Speaker 2: If the UK, or the EU, or even the Aussies 316 00:15:15,280 --> 00:15:18,240 Speaker 2: really wanted to punish us, they could. The question is 317 00:15:18,320 --> 00:15:21,640 Speaker 2: whether they would not could and why would they were 318 00:15:21,640 --> 00:15:24,520 Speaker 2: a fraction of global emissions. What difference does it make anyway? 319 00:15:24,560 --> 00:15:28,080 Speaker 2: But most importantly it'd be pot kettle black from them, 320 00:15:28,480 --> 00:15:30,520 Speaker 2: the Aussies, and we cover this at the time. So 321 00:15:30,560 --> 00:15:32,880 Speaker 2: they set their target of sixty two to seventy percent 322 00:15:32,920 --> 00:15:36,320 Speaker 2: reduction on two thousand and five levels last month. That 323 00:15:36,520 --> 00:15:39,600 Speaker 2: was lower than they were forecast to do. They were 324 00:15:39,720 --> 00:15:44,120 Speaker 2: criticized by green groups it was contrary to advice from 325 00:15:44,200 --> 00:15:47,920 Speaker 2: their equivalent of the Climate Change Commission, Naughty naughty, tisk tisk, 326 00:15:48,560 --> 00:15:50,800 Speaker 2: and the UK Star is being told to prepare the 327 00:15:50,840 --> 00:15:53,480 Speaker 2: government buildings there for temperatures of two degrees higher than 328 00:15:53,480 --> 00:15:55,920 Speaker 2: normal rather than the one point five limit that everyone's 329 00:15:55,960 --> 00:15:58,280 Speaker 2: hoping but failing to achieve. And the Big Four aren't 330 00:15:58,280 --> 00:16:02,520 Speaker 2: exactly doing their bit either. Just this morning, another new 331 00:16:02,600 --> 00:16:05,560 Speaker 2: climate report, because we get one every day. Guess what, 332 00:16:06,160 --> 00:16:10,920 Speaker 2: a record amount of emissions, the largest increase in modern 333 00:16:10,920 --> 00:16:14,200 Speaker 2: measurements since the nineteen fifties when we started doing that. 334 00:16:14,360 --> 00:16:16,040 Speaker 2: So it's not like the rest of the world is 335 00:16:16,080 --> 00:16:19,160 Speaker 2: covered in glory. It's a dog eat dog world out there, 336 00:16:19,160 --> 00:16:21,680 Speaker 2: and everyone's basically up for themselves. In New Zealand, there's 337 00:16:21,680 --> 00:16:24,560 Speaker 2: no exception. Does this mean the government's made the right call? 338 00:16:24,640 --> 00:16:28,280 Speaker 2: Can they saddle up on a high horse. No, But 339 00:16:28,360 --> 00:16:30,560 Speaker 2: it also doesn't mean we're about to get sued or 340 00:16:30,600 --> 00:16:34,720 Speaker 2: blocked by our trading partners. On news talks, they'd be 341 00:16:34,800 --> 00:16:36,880 Speaker 2: We'll stay with trade for a second because Scott Besson, 342 00:16:37,000 --> 00:16:42,360 Speaker 2: this is Trump's Treasury secretary. He's a really trusted guy. 343 00:16:43,160 --> 00:16:46,360 Speaker 2: He formed a Wall Street anyway, he's the go to 344 00:16:46,640 --> 00:16:49,720 Speaker 2: on China and trade, and they're locking heads. They're playing 345 00:16:49,760 --> 00:16:52,880 Speaker 2: that game of chicken. He has said this overnight, which 346 00:16:52,920 --> 00:16:56,080 Speaker 2: normally you wouldn't do. About in the diplomatic world, name names. 347 00:16:56,280 --> 00:17:01,080 Speaker 9: There was a lower level trade person who was slightly 348 00:17:01,200 --> 00:17:06,880 Speaker 9: unhinged here in August I think his name is Lee 349 00:17:06,960 --> 00:17:12,720 Speaker 9: Kwongong and threatening, saying that the China would unleash chaos 350 00:17:12,760 --> 00:17:15,879 Speaker 9: on the global system if the US went ahead with 351 00:17:18,119 --> 00:17:20,439 Speaker 9: our darking fees for Chinese ships. 352 00:17:20,880 --> 00:17:23,399 Speaker 2: Yeah, that's Scott Beson. We'll go to my US cory 353 00:17:23,440 --> 00:17:24,359 Speaker 2: after news. 354 00:17:24,960 --> 00:17:25,680 Speaker 9: That's great. 355 00:17:27,080 --> 00:17:30,400 Speaker 1: Views and views you trust to start your day. It's 356 00:17:30,520 --> 00:17:33,280 Speaker 1: early in this ship with Ryan Bridge and r V 357 00:17:33,520 --> 00:17:37,359 Speaker 1: Supercenter explore r VS access or reasons servicing Fall and 358 00:17:37,440 --> 00:17:38,440 Speaker 1: one news talks. 359 00:17:38,480 --> 00:17:38,720 Speaker 5: It'd be. 360 00:17:40,880 --> 00:17:43,119 Speaker 2: Twenty four away from six. You're on news Talk dB 361 00:17:43,280 --> 00:17:46,280 Speaker 2: tribute flowing in for Jim Bolder, former Prime minister who's 362 00:17:46,320 --> 00:17:48,520 Speaker 2: passed away. We're in the United States since South the 363 00:17:48,520 --> 00:17:50,240 Speaker 2: next fifteen minutes, and we'll talk about the state of 364 00:17:50,280 --> 00:17:52,439 Speaker 2: state housing, whether we should be owning any of it. 365 00:17:53,000 --> 00:17:56,199 Speaker 2: I mentioned earlier the US provoking visas for foreigners. So 366 00:17:56,560 --> 00:17:59,480 Speaker 2: if you are caught saying anything bad on social media 367 00:17:59,560 --> 00:18:03,359 Speaker 2: about or particularly about Charlie Kirk and issue, they are 368 00:18:03,440 --> 00:18:07,880 Speaker 2: very sensitive about obviously they will revoke your visa. Basically, 369 00:18:07,920 --> 00:18:10,240 Speaker 2: that's what you're the message you're getting from the State Department. 370 00:18:10,240 --> 00:18:14,600 Speaker 2: They've done it to six people already, Argentinian, Brazilian, German, Mexican, 371 00:18:15,240 --> 00:18:18,600 Speaker 2: someone from South Africa. They've ordered their visas revoked. I'll 372 00:18:18,640 --> 00:18:20,720 Speaker 2: read you one of the posts from one of the 373 00:18:20,760 --> 00:18:23,240 Speaker 2: people who got their visa revoked. Charlie Kirk won't be 374 00:18:23,280 --> 00:18:26,439 Speaker 2: remembered as a hero. He was used to AstroTurf a 375 00:18:26,440 --> 00:18:30,639 Speaker 2: movement of white nationalist trailer trash. That person can no 376 00:18:30,720 --> 00:18:32,320 Speaker 2: longer travel to the United State. And you go, what 377 00:18:32,320 --> 00:18:35,040 Speaker 2: about the First Amendment. Yeah, you've got the First Amendment. 378 00:18:35,080 --> 00:18:37,439 Speaker 2: That's freedom of speech. But at the end of the day, 379 00:18:37,440 --> 00:18:39,320 Speaker 2: it's their country and they can let it or kick 380 00:18:39,359 --> 00:18:42,679 Speaker 2: out whoever they want to. And the message here is 381 00:18:42,720 --> 00:18:45,840 Speaker 2: if you criticize them too much, they'll revoke your visa 382 00:18:45,960 --> 00:18:47,480 Speaker 2: or they won't let you in. It's twenty three to 383 00:18:47,560 --> 00:18:51,840 Speaker 2: six ray reporters around the country. Dunedin and Calum Good 384 00:18:51,840 --> 00:18:55,679 Speaker 2: morning morning, right, Central Otago Council elect We've got a 385 00:18:55,680 --> 00:18:58,040 Speaker 2: resignation already if we do. 386 00:18:58,119 --> 00:19:01,160 Speaker 10: This is Dave Mackenzie, who has only just been voted 387 00:19:01,200 --> 00:19:05,800 Speaker 10: in but he's quit after facing those social media allegations 388 00:19:05,960 --> 00:19:09,480 Speaker 10: of unethical conduct during his time as a council contractor, 389 00:19:11,200 --> 00:19:13,080 Speaker 10: so that will our trigger a by election in the 390 00:19:13,119 --> 00:19:16,760 Speaker 10: coming months. Maya tamer Ally's told us this will come 391 00:19:16,880 --> 00:19:19,320 Speaker 10: at an additional cost for rate payers, but believes it's 392 00:19:19,359 --> 00:19:23,560 Speaker 10: the best outcome. A lower export expert at Otaga University, 393 00:19:23,600 --> 00:19:26,480 Speaker 10: Andrew Gettis, believes this is a bit of a national first. 394 00:19:26,560 --> 00:19:29,040 Speaker 10: He can't recall any other case where someone's been elected 395 00:19:29,320 --> 00:19:32,480 Speaker 10: and has pulled out before being formally sworn in. He 396 00:19:32,480 --> 00:19:35,480 Speaker 10: says a by election is now legally required as a 397 00:19:35,520 --> 00:19:38,520 Speaker 10: candidate can't pull themselves out of the position and allow 398 00:19:38,720 --> 00:19:41,199 Speaker 10: the person with the next greatest number of votes in. 399 00:19:41,760 --> 00:19:44,440 Speaker 2: We haven't even got the official results back yet and 400 00:19:44,480 --> 00:19:46,400 Speaker 2: already you've got one bite in the dust. 401 00:19:46,440 --> 00:19:49,960 Speaker 10: How's your weather, Charles, developing here bit clearing to find 402 00:19:49,960 --> 00:19:52,600 Speaker 10: this afternoon. We have that strong wind watch for Dunedin. 403 00:19:52,680 --> 00:19:56,560 Speaker 10: Strong southwest gales to ninety k's the heigh today fifteenth? 404 00:19:56,600 --> 00:19:59,040 Speaker 2: All right, thanks Callum Courtney winter for christ Here it's Courtney, 405 00:19:59,119 --> 00:20:01,919 Speaker 2: good morning, Good morning, Ryan. People want the government to 406 00:20:01,960 --> 00:20:02,920 Speaker 2: do something with land. 407 00:20:03,800 --> 00:20:07,040 Speaker 11: Yes, So the Phillipstown Community Hub is closing in March 408 00:20:07,320 --> 00:20:10,719 Speaker 11: because the Minister of Education has decided to dispose of 409 00:20:10,760 --> 00:20:14,480 Speaker 11: the land. Former trustee Wayne Hawkers, whose locals are feeling 410 00:20:14,560 --> 00:20:17,520 Speaker 11: blindsided as a local family gifted the land to the 411 00:20:17,560 --> 00:20:20,520 Speaker 11: government one hundred and fifty years ago. He says the 412 00:20:20,560 --> 00:20:24,040 Speaker 11: community's leased it since the local school closed in twenty eleven, 413 00:20:24,359 --> 00:20:27,480 Speaker 11: but in reality the government just wanted a babysitter for 414 00:20:27,520 --> 00:20:31,240 Speaker 11: the site. Hawker has asked the Education Minister to explore 415 00:20:31,359 --> 00:20:34,320 Speaker 11: all options, including gifting it back to the city, to 416 00:20:34,400 --> 00:20:37,000 Speaker 11: allow the trust and the Hub to continue its work. 417 00:20:37,720 --> 00:20:37,920 Speaker 12: Why. 418 00:20:37,960 --> 00:20:38,520 Speaker 2: How's your weather? 419 00:20:39,280 --> 00:20:42,440 Speaker 11: Partly cloudy, a few showers from late this morning, possibly 420 00:20:42,520 --> 00:20:48,119 Speaker 11: heavy clearing, fine to early afternoon. Northwesterly is high of twenty. 421 00:20:47,840 --> 00:20:50,200 Speaker 2: All right, thanks Courtney. That's got to welling with Max. 422 00:20:50,240 --> 00:20:53,440 Speaker 2: Morning Max, Good morning Ryan. Have you raised eyebrows about 423 00:20:53,440 --> 00:20:54,359 Speaker 2: that ferry builder? 424 00:20:54,920 --> 00:20:56,919 Speaker 13: Yeah, you're a China expert. Be interesting to hear your 425 00:20:56,960 --> 00:20:59,520 Speaker 13: thoughts on this. It was confirmed yesterday the shipyard that 426 00:20:59,560 --> 00:21:02,520 Speaker 13: will build our two new Cook Strait ferries for twenty 427 00:21:02,560 --> 00:21:07,400 Speaker 13: twenty nine, Guangzhou Shipyard International. Some eyebrows raised about this one. 428 00:21:07,640 --> 00:21:10,760 Speaker 13: This is a Chinese state owned shipbuilder that is also 429 00:21:10,760 --> 00:21:13,160 Speaker 13: heavily involved in the country's military network. And of course, 430 00:21:13,200 --> 00:21:16,320 Speaker 13: with this battle for soft diplomacy in the Pacific Wolf warrior, 431 00:21:16,400 --> 00:21:19,240 Speaker 13: fear of Chinese espionage? Do we even want to risk it? 432 00:21:19,800 --> 00:21:22,800 Speaker 13: Not a concern for Winston Peters, he says. Guangzhou or 433 00:21:22,840 --> 00:21:27,560 Speaker 13: the GSI, apparently an international ship builder leader the military stuff. 434 00:21:27,560 --> 00:21:30,520 Speaker 13: Don't worry about that, he says. The spying, no, he says. 435 00:21:30,520 --> 00:21:33,640 Speaker 13: It is largely state owned but also partially publicly listed. 436 00:21:34,040 --> 00:21:36,159 Speaker 13: It does make warships, and it is now going to 437 00:21:36,200 --> 00:21:38,159 Speaker 13: make a couple of nice fairies for us with a 438 00:21:38,200 --> 00:21:41,200 Speaker 13: bar and cafe. Our newsrooms are dug up an independent 439 00:21:41,320 --> 00:21:46,360 Speaker 13: US Bipartisan Research Institute report that recently warned that international 440 00:21:46,400 --> 00:21:50,600 Speaker 13: customers of these guys are ultimately supporting China's defense industry. 441 00:21:50,960 --> 00:21:52,520 Speaker 13: But a deal's a deal. Yeah. 442 00:21:52,880 --> 00:21:55,879 Speaker 2: My hot take for you would be that any Chinese 443 00:21:55,960 --> 00:21:58,679 Speaker 2: company is linked to the station, you know, you couldn't exactly, 444 00:21:58,760 --> 00:22:00,679 Speaker 2: you wouldn't be buying anything on it will not be 445 00:22:00,720 --> 00:22:04,240 Speaker 2: supporting the Chinese government somehow. And what are they things 446 00:22:04,240 --> 00:22:06,920 Speaker 2: is going to happen. They're going to spy on tourists going. 447 00:22:06,760 --> 00:22:10,120 Speaker 13: Up plants and the listening devices on the Ferry. Listen 448 00:22:10,160 --> 00:22:14,320 Speaker 13: to Wellingtonian's complain as you wear that cloudy Period's Gusty 449 00:22:14,400 --> 00:22:15,560 Speaker 13: Northerly's nineteen. 450 00:22:15,400 --> 00:22:17,920 Speaker 2: All right, thank you and Wendy is in the hot 451 00:22:17,960 --> 00:22:21,320 Speaker 2: seat today. Wendy, good morning, good to see you. What's 452 00:22:21,359 --> 00:22:23,400 Speaker 2: going on with Audio? Were hosting a big earthquake? 453 00:22:23,440 --> 00:22:26,800 Speaker 14: Wow, I know it's that day. What is October sixteen 454 00:22:26,840 --> 00:22:30,639 Speaker 14: the country's national earthquake and tsunami evacuation drill, known as 455 00:22:30,680 --> 00:22:34,040 Speaker 14: the Shakeout. It'll see seven hundred and thirty thousand of 456 00:22:34,119 --> 00:22:37,120 Speaker 14: US drop cover and hold this morning. It's the highest 457 00:22:37,160 --> 00:22:40,359 Speaker 14: number of sign ups in six years. People across the 458 00:22:40,359 --> 00:22:42,719 Speaker 14: country will carry out the drill at nine thirty this 459 00:22:42,840 --> 00:22:45,960 Speaker 14: morning with a live event happening in Auckland's audero at 460 00:22:46,000 --> 00:22:49,439 Speaker 14: the Beach. Audio Beach Primary School is hosting the event. 461 00:22:49,880 --> 00:22:53,560 Speaker 14: The National Emergency Management Agency's John Price says earthquake risk 462 00:22:53,680 --> 00:22:56,040 Speaker 14: is clearly at the front of New Zealander's mines and 463 00:22:56,080 --> 00:22:58,600 Speaker 14: if you're not an audero, it'll be a self run event. 464 00:22:58,760 --> 00:23:02,360 Speaker 14: No no, no buzz on your phone, but you will 465 00:23:02,400 --> 00:23:04,879 Speaker 14: know to run that event yourself. At nine thirty, schools, 466 00:23:04,920 --> 00:23:06,800 Speaker 14: I guess and businesses may take part. 467 00:23:06,880 --> 00:23:10,080 Speaker 2: Did you know about this before you came in. I 468 00:23:10,359 --> 00:23:12,960 Speaker 2: just say I did not know no idea. All right, 469 00:23:13,000 --> 00:23:15,200 Speaker 2: So nine thirty we're jumping under the desk, Wendy. 470 00:23:15,000 --> 00:23:18,360 Speaker 14: That's exactly right we're doing at nine thirty. How's that weather, Well, 471 00:23:18,480 --> 00:23:20,639 Speaker 14: we're looking at a fine day, a few cutor clouds 472 00:23:20,680 --> 00:23:23,120 Speaker 14: around in, a few showers late morning day. We'll clear 473 00:23:23,160 --> 00:23:25,159 Speaker 14: by the evening though. We've got a westerly wind and 474 00:23:25,200 --> 00:23:26,760 Speaker 14: a high today, have nineteen degrees. 475 00:23:26,800 --> 00:23:28,960 Speaker 2: Brilliant, Thank you. I got an update on the French 476 00:23:29,000 --> 00:23:30,960 Speaker 2: for you. The hot mess that is France and it's 477 00:23:31,000 --> 00:23:34,040 Speaker 2: political and economic situation at the moment. By the way, 478 00:23:34,600 --> 00:23:36,760 Speaker 2: we will also get to the US and we will 479 00:23:36,760 --> 00:23:40,160 Speaker 2: talk about state housing. Should we own all the state 480 00:23:40,200 --> 00:23:43,520 Speaker 2: houses we currently do or sell them all off? News 481 00:23:43,520 --> 00:23:46,680 Speaker 2: Talks VB. According to six News Talks, eb Let's return 482 00:23:46,760 --> 00:23:49,240 Speaker 2: to France because such a hot mess. It's fascinating to watch. 483 00:23:49,320 --> 00:23:51,440 Speaker 2: She had the prime minister out, then the prime minister 484 00:23:51,560 --> 00:23:55,119 Speaker 2: back in. Now the pension reforms are on ice anyway. 485 00:23:55,160 --> 00:23:57,440 Speaker 2: The new bit is the socialist They've come out overnight 486 00:23:57,560 --> 00:23:59,280 Speaker 2: saying they want a wealth tax. I mean they've been 487 00:23:59,320 --> 00:24:00,840 Speaker 2: saying that for a while, but now they think they 488 00:24:00,920 --> 00:24:02,920 Speaker 2: can actually get somewhere with it. A wealth tax of 489 00:24:03,000 --> 00:24:06,399 Speaker 2: two percent on the super rich. Basically, they've got to 490 00:24:06,480 --> 00:24:08,520 Speaker 2: get money from somewhere. They're in a really, really bad way. 491 00:24:08,560 --> 00:24:11,000 Speaker 2: How bad is the debt I had a look yesterday, 492 00:24:11,080 --> 00:24:14,600 Speaker 2: so it's the highest Eurozone well third highest in the 493 00:24:14,680 --> 00:24:17,200 Speaker 2: Eurozone behind Greece and Italy, one hundred and fourteen percent 494 00:24:17,280 --> 00:24:21,000 Speaker 2: of the economy. Add to the fact that you basically 495 00:24:21,160 --> 00:24:23,600 Speaker 2: can't pass a budget there to bring that down, and 496 00:24:23,680 --> 00:24:25,800 Speaker 2: the market say okay, well you're more of a risk 497 00:24:25,920 --> 00:24:28,440 Speaker 2: to lend to. Then they demand higher interest rates on 498 00:24:28,520 --> 00:24:31,400 Speaker 2: the debt the bonds, so a German bond will carry 499 00:24:31,440 --> 00:24:33,840 Speaker 2: interest rate about two point seven percent. The French government 500 00:24:33,880 --> 00:24:37,320 Speaker 2: needs to pay three and a half interest for its debt. 501 00:24:37,920 --> 00:24:39,639 Speaker 2: So the debt that you have in the debt that 502 00:24:39,760 --> 00:24:43,399 Speaker 2: they keep on borrowing gets more expensive to service, the 503 00:24:43,520 --> 00:24:45,760 Speaker 2: more risk the more you pay, the more you pay, 504 00:24:46,240 --> 00:24:48,160 Speaker 2: the more risky you are. It's kind of a spiral. 505 00:24:49,119 --> 00:24:51,480 Speaker 2: So the moral of the story is basically, don't be 506 00:24:51,600 --> 00:24:52,080 Speaker 2: like the French. 507 00:24:52,960 --> 00:24:56,000 Speaker 1: International correspondence with ends and eye insurance. 508 00:24:56,200 --> 00:24:59,880 Speaker 2: Peace of mind for New Zealand business shut down continues. 509 00:25:00,080 --> 00:25:03,240 Speaker 2: We're in the US education Ministry staff apparently can't log 510 00:25:03,320 --> 00:25:05,840 Speaker 2: into the working emails even and let's get a Ni Kappa, 511 00:25:06,040 --> 00:25:08,000 Speaker 2: a US correspondent, Nick, what's the latest. 512 00:25:08,800 --> 00:25:10,879 Speaker 12: Yeah, Ryan, it's a mess. It's day fifteen now, so 513 00:25:10,920 --> 00:25:13,360 Speaker 12: we're into the third week. Still no end in sight. 514 00:25:13,440 --> 00:25:15,480 Speaker 12: I mean in terms of the votes. The Zenate is 515 00:25:15,600 --> 00:25:18,320 Speaker 12: voting again today, but for the Senate, they're hoping this 516 00:25:18,440 --> 00:25:21,000 Speaker 12: is going to be the ninth time. Lucky, because the 517 00:25:21,080 --> 00:25:23,679 Speaker 12: Republicans are putting forward the exact same bill that has 518 00:25:23,720 --> 00:25:27,040 Speaker 12: already been rejected eight times by the Democrats. Now they 519 00:25:27,160 --> 00:25:30,760 Speaker 12: want healthcare subsidies extended for millions of Americans. The Republicans 520 00:25:30,800 --> 00:25:34,399 Speaker 12: are saying no, and there's basically no middle ground to 521 00:25:34,840 --> 00:25:37,280 Speaker 12: try and force their hand. The Trump administration has now 522 00:25:37,359 --> 00:25:41,080 Speaker 12: frozen about thirty billion dollars worth of projects that are 523 00:25:41,119 --> 00:25:43,640 Speaker 12: in Democrat run areas of the country, and of course, 524 00:25:43,920 --> 00:25:46,720 Speaker 12: day by day the impact is getting worse. We've already 525 00:25:46,720 --> 00:25:50,240 Speaker 12: seen tons of flights across the country delayed, some canceled. 526 00:25:50,280 --> 00:25:53,119 Speaker 12: But then there's the issue of pay. Federal employees simply 527 00:25:53,200 --> 00:25:56,120 Speaker 12: aren't getting paid. As you mentioned, education staff can't log 528 00:25:56,200 --> 00:25:59,639 Speaker 12: into accounts. We've even seen thousands of people getting laid off, 529 00:25:59,680 --> 00:26:02,080 Speaker 12: and there are now warnings that this could be the 530 00:26:02,240 --> 00:26:05,560 Speaker 12: longest shut down in US history. The longest was thirty 531 00:26:05,640 --> 00:26:08,239 Speaker 12: five days during Donald Trump's first term. So we've got 532 00:26:08,280 --> 00:26:10,359 Speaker 12: twenty days to run until we get there. But the 533 00:26:10,440 --> 00:26:13,119 Speaker 12: thinking is there may be no common ground and therefore 534 00:26:13,160 --> 00:26:15,600 Speaker 12: we'll get to the thirty five day mark pretty quickly. 535 00:26:16,240 --> 00:26:17,960 Speaker 2: Not a record you want to be sitting neck. What 536 00:26:18,080 --> 00:26:21,359 Speaker 2: about Trump and his bailout of the Argentinians openly now 537 00:26:21,440 --> 00:26:23,560 Speaker 2: saying he's just trying to help a brother out basically. 538 00:26:24,880 --> 00:26:27,159 Speaker 12: I mean, it's quite incredible. There is strings attached to 539 00:26:27,240 --> 00:26:30,679 Speaker 12: this money. It's a twenty billion dollar currency swapp. It's 540 00:26:30,720 --> 00:26:34,560 Speaker 12: trying to stabilize Argentinan's financial markets that are in turmoil. 541 00:26:35,200 --> 00:26:38,320 Speaker 12: This is one world leader that Donald Trump really does like. 542 00:26:38,440 --> 00:26:41,360 Speaker 12: He was invited to Trump's inauguration in January, just one 543 00:26:41,440 --> 00:26:44,199 Speaker 12: of two world leaders. So Donald Trump happy to give 544 00:26:44,280 --> 00:26:46,960 Speaker 12: him the money, but saying that there are these strings attached, 545 00:26:47,119 --> 00:26:51,840 Speaker 12: basically that Malay's party has to win the upcoming midterm elections. 546 00:26:52,359 --> 00:26:55,960 Speaker 12: The US approval, Trump said are somewhat subject to who 547 00:26:56,080 --> 00:26:59,320 Speaker 12: wins the election. He said the US would not waste 548 00:26:59,400 --> 00:27:03,920 Speaker 12: our time helping Argentina if Malay loses. And remember, of course, 549 00:27:03,960 --> 00:27:07,679 Speaker 12: this is the US president who's previously lashed out against 550 00:27:07,920 --> 00:27:13,119 Speaker 12: foreign interference in US elections. The Democrats, unsurprisingly, they're not happy. 551 00:27:13,160 --> 00:27:17,240 Speaker 12: They're criticizing Donald Trump, accusing him of ignoring the shutdown 552 00:27:17,359 --> 00:27:20,920 Speaker 12: domestic problems here. But also there's criticism because this is 553 00:27:21,040 --> 00:27:24,959 Speaker 12: benefiting some of Donald Trump's closest allies, The Treasury Secretary 554 00:27:24,960 --> 00:27:27,560 Speaker 12: Scot Percent, a whole load of his friends are going 555 00:27:27,600 --> 00:27:29,880 Speaker 12: to benefit as a result of this bailout deal. 556 00:27:30,160 --> 00:27:32,880 Speaker 2: Nick Harper, our US correspondent, it is eleve minutes away 557 00:27:32,880 --> 00:27:36,080 Speaker 2: from six Ryan Bridge, Can you report Rickens' textpayers are 558 00:27:36,080 --> 00:27:38,399 Speaker 2: getting a raw deal on state housing. The New Zealand 559 00:27:38,440 --> 00:27:41,479 Speaker 2: Initiative sees kying or order seventy seven thousand homes. Yes, 560 00:27:41,560 --> 00:27:44,080 Speaker 2: we own seventy seven thousand homes cost us twice as 561 00:27:44,160 --> 00:27:46,479 Speaker 2: much as the privates sick there and they're asking why 562 00:27:46,560 --> 00:27:49,080 Speaker 2: do we bother owning them. Dr Bryce Wilkinson's the report author, 563 00:27:49,119 --> 00:27:52,000 Speaker 2: joins us this morning, Bryce, good morning, is good morning. 564 00:27:52,320 --> 00:27:54,280 Speaker 2: What exactly is costing us twice as much? 565 00:27:56,000 --> 00:28:01,159 Speaker 15: It's operating the seventy ship and powers and houses, so 566 00:28:01,280 --> 00:28:06,399 Speaker 15: that's repairs and maintenance and staff support and sort of 567 00:28:06,520 --> 00:28:10,440 Speaker 15: turning over tenants, give the new tenants, organizing new houses, 568 00:28:10,840 --> 00:28:11,679 Speaker 15: that sort of stuff. 569 00:28:12,359 --> 00:28:13,960 Speaker 2: How have you come to that number? How have you 570 00:28:14,040 --> 00:28:18,399 Speaker 2: compared it to a private number? I went on. 571 00:28:19,119 --> 00:28:22,360 Speaker 15: I found that there is a real estate room called 572 00:28:22,440 --> 00:28:28,919 Speaker 15: Lodge real Estate which does a lot of helping landlords 573 00:28:29,000 --> 00:28:34,040 Speaker 15: and buying and selling houses and has had indicative benchmarking 574 00:28:34,200 --> 00:28:38,400 Speaker 15: costructures for private landlords for reading our properties. 575 00:28:39,000 --> 00:28:41,920 Speaker 2: And so that's what I've used to. 576 00:28:42,040 --> 00:28:46,160 Speaker 15: Get the numbers for AURA. I've used the numbers in 577 00:28:46,320 --> 00:28:50,040 Speaker 15: their annual the last published annual report, which is the 578 00:28:50,080 --> 00:28:53,240 Speaker 15: one for twenty twenty three to twenty four. And what 579 00:28:53,400 --> 00:28:56,480 Speaker 15: I say in the report is that it would be 580 00:28:56,600 --> 00:29:01,600 Speaker 15: good if Caning and AURA itself commission to hire independent 581 00:29:01,720 --> 00:29:07,680 Speaker 15: experts to do its own authoritatia more authoritative beachmark comparisons 582 00:29:08,160 --> 00:29:11,920 Speaker 15: because it's got more of desegregated data than it publishes 583 00:29:12,000 --> 00:29:13,280 Speaker 15: and the end report books. 584 00:29:13,720 --> 00:29:16,840 Speaker 2: So you're saying a better job than I. You're saying well, 585 00:29:16,920 --> 00:29:18,840 Speaker 2: and you're saying that the privacyctor does a better job 586 00:29:18,880 --> 00:29:21,440 Speaker 2: than the government does in terms of the cost. 587 00:29:22,320 --> 00:29:22,840 Speaker 5: What do you want to do? 588 00:29:22,960 --> 00:29:25,600 Speaker 2: Then sell them to community to third parties. 589 00:29:27,040 --> 00:29:31,240 Speaker 15: Yes, there's an extent of survey of high oversease countries 590 00:29:31,360 --> 00:29:36,600 Speaker 15: do it, and there's an enormous diversity. So there's housing associations. 591 00:29:37,480 --> 00:29:41,240 Speaker 15: They're very prevalent in some of the European countries. We've 592 00:29:41,280 --> 00:29:44,480 Speaker 15: got we're getting that way a bit ourselves of community 593 00:29:44,600 --> 00:29:47,160 Speaker 15: housing providers. We could do a lot more of that. 594 00:29:48,080 --> 00:29:52,200 Speaker 15: The UK transferred ownership to a lot of the tenants 595 00:29:52,240 --> 00:29:55,880 Speaker 15: who are occupying them, over one million homes there, so 596 00:29:56,040 --> 00:30:00,520 Speaker 15: that's another option. But the important thing is to empower 597 00:30:00,640 --> 00:30:04,640 Speaker 15: the tenants and if they if they get captured and 598 00:30:04,760 --> 00:30:07,800 Speaker 15: caused in the state House, the neighbors might be really 599 00:30:07,920 --> 00:30:11,280 Speaker 15: unsavory with peers might not be doing being done and 600 00:30:11,440 --> 00:30:15,080 Speaker 15: that sort of trapped there. If they can just move, 601 00:30:15,720 --> 00:30:19,120 Speaker 15: take the money and move, find another land all over, 602 00:30:19,200 --> 00:30:23,920 Speaker 15: a housing association or CHP, then they've got more options, 603 00:30:24,520 --> 00:30:26,640 Speaker 15: more in control of their own large all right. 604 00:30:26,680 --> 00:30:29,320 Speaker 2: Bryce appreciated that. Doctor Bryce Wilkinson, who's the report author 605 00:30:29,360 --> 00:30:31,920 Speaker 2: from the New Zealand Initiative. It's eight minutes away from six. 606 00:30:32,920 --> 00:30:37,480 Speaker 1: Ryan Bridge on early edition with r VS Supercenter explore 607 00:30:37,600 --> 00:30:40,840 Speaker 1: r VS accessories and servicing all in one news talks. 608 00:30:40,840 --> 00:30:42,800 Speaker 2: The'd be it's six minutes away from six. Hey, the 609 00:30:43,080 --> 00:30:45,360 Speaker 2: Chinese have got the Chinese banks have got some of 610 00:30:45,360 --> 00:30:47,720 Speaker 2: the cheapest rates out there for mortgages at the moment. 611 00:30:47,840 --> 00:30:50,440 Speaker 2: I see BC's launched a four point twenty five percent 612 00:30:50,520 --> 00:30:52,880 Speaker 2: one year fixed mortgage rate. If you're like me and 613 00:30:52,960 --> 00:30:55,239 Speaker 2: you're kind of in the market and looking around, then 614 00:30:55,320 --> 00:30:58,000 Speaker 2: these cheap Chinese ones attempting Bank of China's next. It's 615 00:30:58,040 --> 00:31:02,440 Speaker 2: twenty basis points lower, many points lower than the Ossie 616 00:31:02,480 --> 00:31:04,560 Speaker 2: banks that are offering it. And then you go, well, 617 00:31:04,600 --> 00:31:07,200 Speaker 2: can you trust borrowing from one? Apparently you can, but 618 00:31:07,200 --> 00:31:09,960 Speaker 2: apparently it's very much an Auckland thing. They don't really 619 00:31:10,000 --> 00:31:12,440 Speaker 2: offer it to the rest of the country. And news 620 00:31:12,520 --> 00:31:15,000 Speaker 2: talks he'd be it is five to two now for 621 00:31:15,080 --> 00:31:18,880 Speaker 2: it much from the studio morning, Mike Morning. So you 622 00:31:18,960 --> 00:31:21,320 Speaker 2: would have obviously interviewed in Bulgium many times. 623 00:31:21,200 --> 00:31:23,480 Speaker 16: Over the years, many many, many many times. 624 00:31:23,760 --> 00:31:27,400 Speaker 2: He's ninety years old this year and passed away overnight. 625 00:31:27,440 --> 00:31:28,480 Speaker 2: For those just joining us. 626 00:31:28,720 --> 00:31:33,520 Speaker 16: Sad, sad, but not tragic, because nineties ninety Zeman him 627 00:31:33,560 --> 00:31:36,760 Speaker 16: this morning. He it was a funny old thing he was, 628 00:31:36,920 --> 00:31:39,480 Speaker 16: I suppose when we always go how big was he? 629 00:31:39,560 --> 00:31:41,880 Speaker 16: How good, you know, what's the legacy. And he won 630 00:31:42,080 --> 00:31:46,400 Speaker 16: three terms, so not many do. So there's that ended 631 00:31:46,440 --> 00:31:48,760 Speaker 16: in tears. Yeah, I don't know if you remember it, 632 00:31:48,840 --> 00:31:49,440 Speaker 16: but he was. 633 00:31:49,600 --> 00:31:50,760 Speaker 2: It was where it all began. 634 00:31:51,000 --> 00:31:53,400 Speaker 16: It was it started that theory you never leave the 635 00:31:53,440 --> 00:31:56,600 Speaker 16: country in troubled times. Because he had left the country 636 00:31:56,640 --> 00:31:59,160 Speaker 16: to go to Chogham and at that point Shipley was 637 00:31:59,240 --> 00:32:01,200 Speaker 16: rounding up the numbers and by the time he got 638 00:32:01,280 --> 00:32:03,760 Speaker 16: back he knew it was all. It was Nimes at Christmas, Yeah, 639 00:32:03,800 --> 00:32:05,600 Speaker 16: it was and so and of course part of the 640 00:32:05,600 --> 00:32:08,280 Speaker 16: problem was he was an advocate for MMP and as 641 00:32:08,280 --> 00:32:10,800 Speaker 16: a result of MMP Winston, who of course once upon 642 00:32:10,880 --> 00:32:12,600 Speaker 16: a time was a member of the National Party until 643 00:32:12,600 --> 00:32:15,800 Speaker 16: it all when you know, it became problematic. So it 644 00:32:15,880 --> 00:32:18,240 Speaker 16: was one of those coalition things that never quite went 645 00:32:18,320 --> 00:32:21,240 Speaker 16: to and interesting, as history repeats itself, one of the 646 00:32:21,320 --> 00:32:24,880 Speaker 16: things that drove Shipley was there was a sense of 647 00:32:24,960 --> 00:32:28,560 Speaker 16: a lack of direction and a lack of action, irony 648 00:32:28,600 --> 00:32:31,880 Speaker 16: of ironies, and so she was sick of it, so 649 00:32:32,160 --> 00:32:32,680 Speaker 16: they went for it. 650 00:32:32,800 --> 00:32:35,800 Speaker 2: Yeah, it's interesting to hear him talk about Winston, that is, 651 00:32:35,920 --> 00:32:38,640 Speaker 2: he's reflecting on his relationship with him over the years. 652 00:32:38,800 --> 00:32:39,720 Speaker 2: You know, saying it was it. 653 00:32:40,240 --> 00:32:42,800 Speaker 16: It's funny how you remember things in hindsight. 654 00:32:43,880 --> 00:32:46,440 Speaker 2: I've been remembering. I must have been about seven or eight, 655 00:32:46,720 --> 00:32:49,720 Speaker 2: and my first memory of sort of anything political was 656 00:32:49,800 --> 00:32:52,720 Speaker 2: going to Wellington team New Zealand had won the America's 657 00:32:52,760 --> 00:32:55,040 Speaker 2: Cup and there was a big parade and I can 658 00:32:55,120 --> 00:32:58,440 Speaker 2: just remember all the ticket tape and he was there, 659 00:32:58,640 --> 00:33:01,200 Speaker 2: Jim Boljer and shook my hand and I'm inmber coming. 660 00:33:01,360 --> 00:33:05,280 Speaker 2: Oh wow, wow, just being absolutely amazed that the what acent. 661 00:33:04,920 --> 00:33:07,440 Speaker 16: Did he use? Because the famous thing about Old was 662 00:33:07,520 --> 00:33:10,640 Speaker 16: every time he went overseas he was in about twenty 663 00:33:10,680 --> 00:33:13,440 Speaker 16: four hours developed the accents of the country he was in. 664 00:33:13,840 --> 00:33:17,960 Speaker 16: It was the funniest thing. But anyway, ironically on complete 665 00:33:18,000 --> 00:33:19,920 Speaker 16: the other Man, we happened to have Bill English on 666 00:33:20,000 --> 00:33:20,360 Speaker 16: the program. 667 00:33:20,440 --> 00:33:22,920 Speaker 2: He doesn't speak publicly very often these days. No, he doesn't. 668 00:33:23,040 --> 00:33:25,880 Speaker 16: Ah, So he had a good type working relationship with him. 669 00:33:25,880 --> 00:33:27,520 Speaker 16: So well, we'll spend some time with him later. 670 00:33:27,520 --> 00:33:30,080 Speaker 2: Brilliant. All right, Mike's with you next. I'll be back 671 00:33:30,120 --> 00:33:32,640 Speaker 2: with you tomorrow for a Friday morning. Have a great day, 672 00:33:33,000 --> 00:33:33,920 Speaker 2: all you. 673 00:33:34,360 --> 00:33:36,880 Speaker 3: Person over again 674 00:33:38,720 --> 00:33:41,640 Speaker 1: For more from early edition with Ryan Bridge, listen live 675 00:33:41,800 --> 00:33:44,760 Speaker 1: to news Talks it'd be from five am weekdays, or 676 00:33:44,880 --> 00:33:46,760 Speaker 1: follow the podcast on iHeartRadio