1 00:00:01,960 --> 00:00:06,880 Speaker 1: The issues these and the inside. Ryan Bridge on early 2 00:00:07,080 --> 00:00:10,720 Speaker 1: edition with one roof make your Property Search Simple. 3 00:00:11,280 --> 00:00:14,560 Speaker 2: News Talks at B Good morning, it is six half 4 00:00:14,560 --> 00:00:16,520 Speaker 2: to five News Talks. They'd be great to have your 5 00:00:16,520 --> 00:00:19,040 Speaker 2: company this morning. The US economy, it's the biggest in 6 00:00:19,040 --> 00:00:21,400 Speaker 2: the world, so we do care what happens there, and 7 00:00:21,440 --> 00:00:24,080 Speaker 2: they're going backwards for a quarter one. But there's a 8 00:00:24,079 --> 00:00:27,040 Speaker 2: lot of tariff noise in there. We'll break it down 9 00:00:27,080 --> 00:00:30,400 Speaker 2: with Mitch mccanney's stateside for US this morning. Winston Peter's 10 00:00:30,480 --> 00:00:34,120 Speaker 2: on the utter Teddy and the doctors now five hours 11 00:00:34,159 --> 00:00:37,320 Speaker 2: into their strike. Will talk to them. Plus the kids 12 00:00:37,320 --> 00:00:40,760 Speaker 2: in Finland going to school today without their phones, just 13 00:00:40,840 --> 00:00:46,120 Speaker 2: like ours. US talks at B. The agenda Thursday, the 14 00:00:46,200 --> 00:00:48,600 Speaker 2: first of May. Pinching a punch for the first of 15 00:00:48,640 --> 00:00:50,680 Speaker 2: the month. So the US economy, yes, it has shrunk, 16 00:00:50,720 --> 00:00:53,479 Speaker 2: it has gone backwards for the first quarter. This is 17 00:00:53,640 --> 00:00:56,360 Speaker 2: Donald Trump's second term and he did seek to roll 18 00:00:56,400 --> 00:00:59,080 Speaker 2: out the tariffs and it's having an effect. GDP down 19 00:00:59,240 --> 00:01:02,400 Speaker 2: point three three percent in the first three months, down 20 00:01:02,440 --> 00:01:04,280 Speaker 2: from two point four percent in the last quarter of 21 00:01:04,280 --> 00:01:07,120 Speaker 2: twenty twenty four. The White House traded by A Zapete 22 00:01:07,200 --> 00:01:11,560 Speaker 2: Navarro has brushed off concerns blaming the media. The Marcus 23 00:01:11,600 --> 00:01:13,679 Speaker 2: need to like look beneath the surface. 24 00:01:13,760 --> 00:01:14,080 Speaker 1: It out. 25 00:01:14,120 --> 00:01:18,839 Speaker 2: We had a twenty two percent increase in domestic investment. 26 00:01:18,920 --> 00:01:22,080 Speaker 2: That is off the chance when we strip out inventories 27 00:01:22,720 --> 00:01:25,800 Speaker 2: and the negative effects of the surgeon mports because of 28 00:01:25,840 --> 00:01:30,520 Speaker 2: the terroriiffs, you had three percent growth. So we really 29 00:01:30,760 --> 00:01:34,479 Speaker 2: like where we're at now. He's sort of right. I'll 30 00:01:34,480 --> 00:01:37,679 Speaker 2: get to that later on. Ukraine ready to sign that 31 00:01:37,840 --> 00:01:41,520 Speaker 2: long awaited minerals deal with the United States. The Minister 32 00:01:41,800 --> 00:01:47,360 Speaker 2: of Commerce heading to Washington. Apparently the question does Washington 33 00:01:47,400 --> 00:01:49,600 Speaker 2: want to sign it? We'll talk to much McCann about 34 00:01:49,640 --> 00:01:53,840 Speaker 2: that later on too. Pakistan's claims to have credible intelligence 35 00:01:53,880 --> 00:01:57,760 Speaker 2: that India is planning an imminent military strike as follows 36 00:01:57,840 --> 00:02:01,720 Speaker 2: escalating tensions following the terrorist attack can kashmm Here's CNN's 37 00:02:01,800 --> 00:02:02,600 Speaker 2: Sophia Cipher. 38 00:02:02,960 --> 00:02:07,280 Speaker 3: What we're anticipating is as the information that minister has 39 00:02:07,320 --> 00:02:10,679 Speaker 3: said without really sharing much evidence, that there is going 40 00:02:10,720 --> 00:02:13,720 Speaker 3: to be a strake, Pakistan has been on alert. At 41 00:02:13,720 --> 00:02:17,440 Speaker 3: the same time, India has also suspended the Indus Water Treaty, 42 00:02:17,480 --> 00:02:21,040 Speaker 3: which had been around since the nineteen sixties, and Pakistan's 43 00:02:21,040 --> 00:02:23,400 Speaker 3: defenseman is still when this happened last week, came out 44 00:02:23,440 --> 00:02:26,000 Speaker 3: and said that this would be considered an. 45 00:02:25,880 --> 00:02:26,600 Speaker 4: Act of war. 46 00:02:27,240 --> 00:02:37,360 Speaker 2: And you know this chick. People love to hate Katy Perry. 47 00:02:37,919 --> 00:02:40,160 Speaker 2: I don't know why people hate Katy Perry, but everyone 48 00:02:40,240 --> 00:02:42,280 Speaker 2: hates Katy Perry is the trendy thing to do at 49 00:02:42,280 --> 00:02:44,600 Speaker 2: the moment. Anyway, she has come out and said this 50 00:02:44,639 --> 00:02:46,720 Speaker 2: is about the backlash to her trip to space. She's 51 00:02:46,800 --> 00:02:50,320 Speaker 2: come out finally online and said she admitted feeling battered 52 00:02:50,400 --> 00:02:54,440 Speaker 2: and bruised by the reaction, saying the online world had. 53 00:02:55,400 --> 00:02:57,720 Speaker 2: Of course, she tried to be human and the online 54 00:02:57,760 --> 00:03:00,760 Speaker 2: world has brought her down. That's what the line world does, 55 00:03:00,760 --> 00:03:02,160 Speaker 2: isn't it. That's your agenda? 56 00:03:02,240 --> 00:03:06,880 Speaker 1: Nine after five, Ryan Bridge on affili edition with one 57 00:03:07,000 --> 00:03:10,720 Speaker 1: roof make your property search simple us dog zibby. 58 00:03:11,440 --> 00:03:16,400 Speaker 2: Now, this business about teaching financial literacy in school's easiest. 59 00:03:16,560 --> 00:03:19,519 Speaker 2: Yes from me. This year should have happened a long 60 00:03:19,560 --> 00:03:22,200 Speaker 2: time ago, but better late than ever, so I'm happy 61 00:03:22,200 --> 00:03:25,840 Speaker 2: with this. Last night I went on TikTok and if 62 00:03:25,840 --> 00:03:28,280 Speaker 2: you haven't done that before, it's the medical equivalent of 63 00:03:28,360 --> 00:03:32,320 Speaker 2: smoking an ounce worth of cannabis. It's brain rot it's 64 00:03:32,480 --> 00:03:36,800 Speaker 2: terrible for you anyway. So many of the stories were 65 00:03:36,920 --> 00:03:41,480 Speaker 2: young people complaining that they were poor, complaining that they 66 00:03:41,480 --> 00:03:46,520 Speaker 2: were broke, but also a lot of animosity, a lot 67 00:03:46,520 --> 00:03:49,200 Speaker 2: of hating on those with more means than them, you know, 68 00:03:49,320 --> 00:03:53,800 Speaker 2: ripping into rich prick bankers and finance people because they 69 00:03:53,840 --> 00:03:56,400 Speaker 2: wear suits and therefore they must be evil. Some were 70 00:03:56,440 --> 00:04:00,480 Speaker 2: literally crying on the phone in the car about just 71 00:04:00,520 --> 00:04:03,280 Speaker 2: how unjust the world is. Now. This is a problem 72 00:04:03,680 --> 00:04:07,000 Speaker 2: because envy gets you nowhere in life, and envy won't 73 00:04:07,000 --> 00:04:09,800 Speaker 2: get you a new job, it won't balance your budget, 74 00:04:09,960 --> 00:04:12,720 Speaker 2: it won't help you save, or once you get to 75 00:04:12,760 --> 00:04:16,440 Speaker 2: a certain point, won't help you invest. It's clear that 76 00:04:16,680 --> 00:04:20,920 Speaker 2: a lot of this is kids simply never having been 77 00:04:21,000 --> 00:04:26,520 Speaker 2: taught basic financial literacy. How interest works, how mortgages work, 78 00:04:26,800 --> 00:04:28,640 Speaker 2: the fact that by the time you pay your house off, 79 00:04:28,680 --> 00:04:32,320 Speaker 2: you've actually basically pay for it twice. How business works, 80 00:04:32,640 --> 00:04:34,640 Speaker 2: how you can set up a business if you hate 81 00:04:34,640 --> 00:04:37,800 Speaker 2: your job and you've got a great idea saving the pennies, 82 00:04:38,200 --> 00:04:41,120 Speaker 2: take care of the pounds. All of those things. Knowledge 83 00:04:41,160 --> 00:04:44,279 Speaker 2: is power, and with a bit of hope and a 84 00:04:44,279 --> 00:04:47,159 Speaker 2: bit of ambition, a bit of hard work and perseverance. 85 00:04:47,240 --> 00:04:52,160 Speaker 2: I genuinely believe that anybody can achieve pretty much anything. 86 00:04:52,680 --> 00:04:54,719 Speaker 2: It will be harder for some people than it will 87 00:04:54,720 --> 00:04:58,640 Speaker 2: be for others. But I genuinely believe that this country's 88 00:04:58,680 --> 00:05:01,640 Speaker 2: wealthiest man dropped down university lived off a packet of 89 00:05:01,720 --> 00:05:04,719 Speaker 2: noodles a day to build his business basically from the 90 00:05:04,720 --> 00:05:08,080 Speaker 2: ground up. Yes, there are trumps and there are silver 91 00:05:08,120 --> 00:05:13,039 Speaker 2: spooners out there, but actually these days there's more new 92 00:05:13,080 --> 00:05:16,240 Speaker 2: money than old. We should all want to live in 93 00:05:16,240 --> 00:05:19,720 Speaker 2: a society where financial freedom, and that will be different 94 00:05:19,720 --> 00:05:23,120 Speaker 2: for different people, whether that is just having a small 95 00:05:23,200 --> 00:05:27,719 Speaker 2: retirement fund, whether it's owning a home, whether it's being 96 00:05:27,800 --> 00:05:30,279 Speaker 2: a billionaire. We should all want to live in a 97 00:05:30,320 --> 00:05:34,520 Speaker 2: society where those things are possible, and that all starts 98 00:05:35,080 --> 00:05:40,480 Speaker 2: with knowledge, and knowledge you get by education. So I say, 99 00:05:40,880 --> 00:05:44,840 Speaker 2: bring on the teaching bread. Bread's just gone eleven minutes 100 00:05:44,880 --> 00:05:48,640 Speaker 2: after five news talks. There'd big and also working. I mean, 101 00:05:48,680 --> 00:05:51,240 Speaker 2: how many young people are working these days? And you 102 00:05:51,240 --> 00:05:55,040 Speaker 2: know I had to start a forced labors child labor. Actually, 103 00:05:55,040 --> 00:05:57,039 Speaker 2: when mum got us on a paper round at nine, 104 00:05:57,800 --> 00:05:59,520 Speaker 2: she did come around with us, and I mean, this 105 00:05:59,640 --> 00:06:02,200 Speaker 2: is the thing I have the benefit of a parent 106 00:06:02,600 --> 00:06:07,000 Speaker 2: who was very strict about true anything, but very strict 107 00:06:07,040 --> 00:06:09,880 Speaker 2: about you have to work for your own money, and 108 00:06:10,240 --> 00:06:12,719 Speaker 2: you do the paper round and then if you're lucky, 109 00:06:12,720 --> 00:06:16,360 Speaker 2: you got promoted to doing the evening post, which pay more, 110 00:06:16,920 --> 00:06:19,479 Speaker 2: and then the milk runt, you know, and so many, 111 00:06:19,640 --> 00:06:21,680 Speaker 2: so many young key wes do this, but not as 112 00:06:21,760 --> 00:06:25,120 Speaker 2: much anymore, which is a shame. Nine two nine two 113 00:06:25,120 --> 00:06:28,240 Speaker 2: the numbers text it is twelve after five. Reaction to this. 114 00:06:28,360 --> 00:06:31,920 Speaker 1: Next the first word on the News of the Day 115 00:06:32,200 --> 00:06:35,800 Speaker 1: early edition with Brian Bridge and one Room Make your 116 00:06:35,880 --> 00:06:38,719 Speaker 1: Property search Sivil News talks. 117 00:06:38,440 --> 00:06:41,800 Speaker 2: That you're to the union on the strike today in 118 00:06:41,880 --> 00:06:44,200 Speaker 2: just a second, fourteen minutes after five. But the big 119 00:06:44,240 --> 00:06:46,720 Speaker 2: story this morning is what's happening in the US. Their 120 00:06:46,880 --> 00:06:51,160 Speaker 2: economy for the first quarter has contracted. It's gone backwards 121 00:06:51,279 --> 00:06:54,560 Speaker 2: point three percent. Now a couple of reasons for this. 122 00:06:54,839 --> 00:06:59,359 Speaker 2: Two reasons. Actually consumer spending slowed, those still up. Government spending, 123 00:06:59,360 --> 00:07:02,400 Speaker 2: you know, Elon Muster has been slashing and burning. That's 124 00:07:02,440 --> 00:07:04,600 Speaker 2: come back as well. But the big problem was the 125 00:07:04,640 --> 00:07:08,000 Speaker 2: trade war. Everybody rushed out and you know, they said 126 00:07:08,040 --> 00:07:10,080 Speaker 2: this would happen. Everybody rushed out to get ahead of 127 00:07:10,080 --> 00:07:13,800 Speaker 2: the tariffs. So you import your iron ore, you import 128 00:07:13,840 --> 00:07:16,080 Speaker 2: your car parts, you import your machinery, whatever you can 129 00:07:16,120 --> 00:07:18,360 Speaker 2: get your hands on, just get it into the country 130 00:07:18,840 --> 00:07:23,000 Speaker 2: ahead of the tariffs. So they did that, and your 131 00:07:23,040 --> 00:07:26,960 Speaker 2: imports go through the roof, and then your net exports, 132 00:07:27,400 --> 00:07:30,640 Speaker 2: which is what you're sending out versus what you're bringing in. 133 00:07:31,360 --> 00:07:35,720 Speaker 2: They wipe five percent off your headline GDP number. That's massive, 134 00:07:36,280 --> 00:07:41,200 Speaker 2: five percent off the headline number. Biggest surgeon imports since 135 00:07:41,400 --> 00:07:44,480 Speaker 2: nineteen forty seven in the United States. Now, this thing 136 00:07:44,560 --> 00:07:46,520 Speaker 2: is temporary. This is what I wanted to get to. 137 00:07:46,800 --> 00:07:51,160 Speaker 2: This is temporary right overall. This is actually a pretty 138 00:07:51,200 --> 00:07:54,880 Speaker 2: solid number considering where America is. Mitch McCann is with 139 00:07:55,040 --> 00:07:57,520 Speaker 2: us out of the States after the news at half 140 00:07:57,560 --> 00:08:02,440 Speaker 2: past Ryan Bridge after five now, so financial literacy will 141 00:08:02,480 --> 00:08:05,120 Speaker 2: be taught two years one to ten in New Zealand 142 00:08:05,120 --> 00:08:07,640 Speaker 2: from next year. This is income, it's spending, it's saving, 143 00:08:07,680 --> 00:08:11,360 Speaker 2: its interest, tax, insurance, you name it. Money Me CEO 144 00:08:11,760 --> 00:08:14,160 Speaker 2: Neil Edmund is with me this morning to discuss Neil, 145 00:08:14,200 --> 00:08:14,920 Speaker 2: good morning. 146 00:08:15,520 --> 00:08:17,600 Speaker 5: Good morning, Ryan, how are you very well? 147 00:08:17,640 --> 00:08:21,000 Speaker 2: Thank you? What's the level of financial literacy at the moment, 148 00:08:21,080 --> 00:08:23,360 Speaker 2: Like you know, how much do they know about money. 149 00:08:24,880 --> 00:08:28,800 Speaker 5: Well, I know some there's various programs available in schools 150 00:08:28,440 --> 00:08:31,360 Speaker 5: for quite a while now, but unfortunately, it just hasn't 151 00:08:31,400 --> 00:08:35,360 Speaker 5: been very clear in the curriculum exactly where personal finance 152 00:08:35,440 --> 00:08:37,720 Speaker 5: is to be taught or how, and so it's just 153 00:08:37,800 --> 00:08:40,760 Speaker 5: really heartening to see that the Ministry of Education is 154 00:08:40,800 --> 00:08:44,640 Speaker 5: coming out and saying that they've been getting a lot 155 00:08:44,720 --> 00:08:47,320 Speaker 5: clearer about what is to be taught and where. So 156 00:08:47,640 --> 00:08:48,760 Speaker 5: I think it's a really good thing. 157 00:08:48,920 --> 00:08:51,440 Speaker 2: Yeah, and they're doing it's going to be compulsory. There's 158 00:08:51,480 --> 00:08:56,040 Speaker 2: going to be resources going to all schools. What do 159 00:08:56,080 --> 00:08:59,440 Speaker 2: you think this will do for the kids and for 160 00:08:59,559 --> 00:09:01,600 Speaker 2: future generations of kids. 161 00:09:02,520 --> 00:09:04,559 Speaker 5: I think it's going to have a massive impact because 162 00:09:04,920 --> 00:09:08,880 Speaker 5: financial education and financial literacy is something that every single 163 00:09:08,920 --> 00:09:12,240 Speaker 5: person relies on as they go through life. They learn 164 00:09:12,280 --> 00:09:15,199 Speaker 5: how to manage their money and make the best use 165 00:09:15,240 --> 00:09:19,120 Speaker 5: of it, and up until now it hasn't been really 166 00:09:19,920 --> 00:09:25,200 Speaker 5: clearly promoted. I guess they're better good word to use 167 00:09:25,640 --> 00:09:28,360 Speaker 5: in schools, and so now that it is going to 168 00:09:28,400 --> 00:09:30,720 Speaker 5: be going forward, they're just going to be the position 169 00:09:30,760 --> 00:09:33,520 Speaker 5: to make a lot better financial decisions. They're not going 170 00:09:33,559 --> 00:09:36,840 Speaker 5: to have to do the trial and error that we 171 00:09:36,880 --> 00:09:39,280 Speaker 5: all had to do we were growing up into adults. 172 00:09:39,920 --> 00:09:42,640 Speaker 2: You provide resources to seven hundred and fifty schools. What 173 00:09:42,679 --> 00:09:45,640 Speaker 2: are the kids, what are they most surprised to learn about, 174 00:09:45,760 --> 00:09:47,200 Speaker 2: or what do they like learning about? 175 00:09:48,880 --> 00:09:51,600 Speaker 5: I think the feedback that we get from the kids 176 00:09:51,640 --> 00:09:53,720 Speaker 5: is they like pretty much all of it because they 177 00:09:53,760 --> 00:09:56,800 Speaker 5: realize that it's going to be things that they can 178 00:09:56,920 --> 00:10:01,600 Speaker 5: use in their own lives going forward. It's not abstract 179 00:10:01,600 --> 00:10:07,280 Speaker 5: things like economics or difficult things to get their heads around, 180 00:10:07,280 --> 00:10:11,760 Speaker 5: like trigonometry. It's actually real life stuff that they know 181 00:10:11,800 --> 00:10:14,120 Speaker 5: that they're going to use, and so we find that 182 00:10:14,160 --> 00:10:17,960 Speaker 5: the kids are actually genuinely enthusiastic about learning it, which 183 00:10:18,000 --> 00:10:18,400 Speaker 5: is great. 184 00:10:18,640 --> 00:10:20,720 Speaker 2: Do you who's most keen to learn about it? Do 185 00:10:20,800 --> 00:10:24,439 Speaker 2: you find kids who already have money or kids who don't. 186 00:10:26,240 --> 00:10:30,280 Speaker 5: I think it's a combination of both. The kids that 187 00:10:30,320 --> 00:10:32,920 Speaker 5: do have money, it's really important that they learn what 188 00:10:33,080 --> 00:10:35,600 Speaker 5: to do with it so that they can use it effectively, 189 00:10:36,600 --> 00:10:40,280 Speaker 5: so that they can they end up being generally being 190 00:10:40,280 --> 00:10:45,320 Speaker 5: the economic main economic contributors to driving the economy for it, 191 00:10:45,360 --> 00:10:47,680 Speaker 5: and certainly the kids that don't have it, it's important 192 00:10:47,720 --> 00:10:50,760 Speaker 5: that they know it because it's a way of helping 193 00:10:50,760 --> 00:10:54,040 Speaker 5: them get out of their current situation into a better one. 194 00:10:54,280 --> 00:10:57,200 Speaker 2: Neil, appreciate your trying This morning, Money me Ceo Neil Edmund. 195 00:10:57,200 --> 00:10:59,480 Speaker 2: It is nineteen after five news talks. There'd be coming 196 00:10:59,559 --> 00:11:03,760 Speaker 2: up next. That's the strike. It's already underway. Four thousand 197 00:11:03,760 --> 00:11:06,719 Speaker 2: procedures and surgeries will be canceled. We'll ask why. 198 00:11:07,760 --> 00:11:11,480 Speaker 1: Get ahead of the headlines on early edition with Ryan 199 00:11:11,559 --> 00:11:16,000 Speaker 1: Bridge and one roof Make your Property Search Simple news talks. 200 00:11:16,000 --> 00:11:18,280 Speaker 2: There'd be five twenty one news talks. There'd be lots 201 00:11:18,280 --> 00:11:21,120 Speaker 2: of feedback on the kids learning literacy and school of 202 00:11:21,240 --> 00:11:23,360 Speaker 2: financial literacy and schools. We'll get to that in just 203 00:11:23,360 --> 00:11:27,000 Speaker 2: a second. Right now, five thousand senior doctors striking. They're 204 00:11:27,040 --> 00:11:29,360 Speaker 2: about five hours into the strike. Now it ends at 205 00:11:29,400 --> 00:11:32,280 Speaker 2: midnight tonight. Four thousand surgeries and procedures that could have 206 00:11:32,280 --> 00:11:35,240 Speaker 2: happened today won't happen today. Doctor Katie ben is the 207 00:11:35,280 --> 00:11:39,080 Speaker 2: President Association of Salaried A Medical Specialists with me this morning, Katie, 208 00:11:39,080 --> 00:11:43,200 Speaker 2: Good morning, good morning, Thank you for being with me. Now, 209 00:11:43,320 --> 00:11:46,400 Speaker 2: can you run us through I thought we would start 210 00:11:46,440 --> 00:11:48,680 Speaker 2: with just an example. Can you run us through what 211 00:11:49,400 --> 00:11:52,720 Speaker 2: your average day looks like? How long you're weak is 212 00:11:52,840 --> 00:11:55,320 Speaker 2: how long you're working, how bad the problem is. 213 00:11:57,320 --> 00:12:02,560 Speaker 6: Our forage day is eleven hours. You arrive at work, 214 00:12:02,840 --> 00:12:06,080 Speaker 6: you see the patient's booked for the morning. You have 215 00:12:06,160 --> 00:12:07,560 Speaker 6: to wait for a bit to find out if there's 216 00:12:07,559 --> 00:12:09,040 Speaker 6: a bed for them to go into, So you don't 217 00:12:09,040 --> 00:12:10,840 Speaker 6: know if you're actually going to start your theater list 218 00:12:10,880 --> 00:12:13,120 Speaker 6: on time because you don't know if the hospital can 219 00:12:13,160 --> 00:12:17,199 Speaker 6: take the patients after their operations. Theater lists usually start 220 00:12:17,280 --> 00:12:20,560 Speaker 6: close to time. You're then working non stops through the day. 221 00:12:21,080 --> 00:12:24,960 Speaker 6: There's not enough staff to give anyone a lunch break 222 00:12:25,280 --> 00:12:27,920 Speaker 6: or a key break, or in fact even a bathroom break. 223 00:12:28,400 --> 00:12:32,440 Speaker 6: So often I'm in theater or taking patients recovery or 224 00:12:32,520 --> 00:12:35,480 Speaker 6: getting on with the next case non stop for somewhere 225 00:12:35,520 --> 00:12:39,600 Speaker 6: about ten or eleven hours. Invariably because you didn't start 226 00:12:39,640 --> 00:12:41,720 Speaker 6: on time because you were waiting for the bed situation, 227 00:12:42,080 --> 00:12:46,400 Speaker 6: you run late. So I tend to finish work. I 228 00:12:46,440 --> 00:12:48,280 Speaker 6: should finish work about six if I tend to finish 229 00:12:48,360 --> 00:12:51,560 Speaker 6: working more like seven on most nights, and then I 230 00:12:51,640 --> 00:12:55,400 Speaker 6: come home. If I am on call, then I will 231 00:12:55,640 --> 00:12:58,839 Speaker 6: stay working and be available on my phone for any 232 00:12:58,840 --> 00:13:01,840 Speaker 6: emergencies throughout the night until eight o'clock the following morning, 233 00:13:02,120 --> 00:13:05,640 Speaker 6: So that's actually a twelve a ten hour day followed 234 00:13:05,679 --> 00:13:09,040 Speaker 6: by a fourteen hour on call overnight shift. Invariably you 235 00:13:09,080 --> 00:13:10,600 Speaker 6: are in and working for most of it. 236 00:13:11,040 --> 00:13:13,920 Speaker 2: How many on call standard day? How many on call 237 00:13:13,960 --> 00:13:16,360 Speaker 2: are you doing on call every night? 238 00:13:16,520 --> 00:13:19,880 Speaker 6: Not every night? The frequency of on calls depends on 239 00:13:20,120 --> 00:13:23,120 Speaker 6: the size of the department you're in. So I will 240 00:13:23,120 --> 00:13:26,720 Speaker 6: be on call at least every four weekends. 241 00:13:27,240 --> 00:13:30,520 Speaker 2: And how many days per week are you working? These 242 00:13:30,600 --> 00:13:32,199 Speaker 2: ten or liven Nowadays. 243 00:13:34,200 --> 00:13:36,400 Speaker 6: If I'm working a weekend, I'm working twelve. 244 00:13:36,200 --> 00:13:39,040 Speaker 2: Days on the drop, and then how many do get 245 00:13:39,040 --> 00:13:39,640 Speaker 2: off after that? 246 00:13:41,040 --> 00:13:46,920 Speaker 6: It depends. If you work the weekend in the middle 247 00:13:46,920 --> 00:13:48,679 Speaker 6: of the week's alday Monday to Friday, then I'll work 248 00:13:48,679 --> 00:13:50,440 Speaker 6: the weekend. Then I'll do Monday to Friday, and then 249 00:13:50,480 --> 00:13:51,839 Speaker 6: I'll get the weekend off, and then I'll be back 250 00:13:51,840 --> 00:13:52,480 Speaker 6: at work on Monday. 251 00:13:53,559 --> 00:13:56,160 Speaker 2: And there's no toilet breaks, and there's no lunch breaks 252 00:13:56,280 --> 00:13:58,040 Speaker 2: or toilet breaks. If you're lucky, I mean, obviously you 253 00:13:58,120 --> 00:14:00,400 Speaker 2: have to do it what. 254 00:14:00,520 --> 00:14:02,520 Speaker 6: You tend to be honest, you tend not to drink 255 00:14:02,559 --> 00:14:04,000 Speaker 6: that much because you know you're not going to get 256 00:14:04,000 --> 00:14:06,600 Speaker 6: to the bathroom anyway, what do you get paid? 257 00:14:06,840 --> 00:14:07,640 Speaker 2: Can I ask you? 258 00:14:10,000 --> 00:14:14,440 Speaker 6: I you are welcome to ask me. I am on 259 00:14:14,480 --> 00:14:19,240 Speaker 6: the AFMs mecha, which is a freely available document for 260 00:14:19,240 --> 00:14:22,800 Speaker 6: anyone to read. I've been a doctor for sixteen years 261 00:14:23,480 --> 00:14:26,520 Speaker 6: in this country, a senior medical officer, and I'm not 262 00:14:26,600 --> 00:14:29,960 Speaker 6: yet on the top step. So we have fifteen steps. 263 00:14:30,640 --> 00:14:38,640 Speaker 6: I am currently on step thirteen. So it's I'm trying 264 00:14:38,680 --> 00:14:44,760 Speaker 6: to work out if you're afternoon anything like that. Very rough. 265 00:14:50,320 --> 00:14:56,200 Speaker 6: I it's approximately two hundred and thirty thousand a year. 266 00:14:57,920 --> 00:15:00,320 Speaker 6: I'm checking my salary scale. Here we go, steps sen 267 00:15:00,440 --> 00:15:02,400 Speaker 6: I'm lying it's two hundred and fifty thousand. 268 00:15:02,640 --> 00:15:05,320 Speaker 2: Okay, do you know what I'm going to come I'm 269 00:15:05,320 --> 00:15:07,000 Speaker 2: going to come back up because we've just run out 270 00:15:07,040 --> 00:15:09,120 Speaker 2: of time. But I want to talk to some more Kate, 271 00:15:09,240 --> 00:15:11,520 Speaker 2: because there's a there's a good reason you're going on 272 00:15:11,560 --> 00:15:14,320 Speaker 2: strike today. I think you've outlined some of it. That's 273 00:15:14,360 --> 00:15:18,160 Speaker 2: doctor Kate Ben, president of the Association of Salary Medical Specialists, 274 00:15:18,160 --> 00:15:20,520 Speaker 2: on strike today. Twenty five minutes after five. We will 275 00:15:20,560 --> 00:15:22,320 Speaker 2: come back to her. You're on News Talks. 276 00:15:22,120 --> 00:15:26,800 Speaker 1: Heb the Early Edition film show podcast on iHeartRadio. Now 277 00:15:26,840 --> 00:15:27,640 Speaker 1: It by news. 278 00:15:27,440 --> 00:15:30,520 Speaker 2: Talks it me. You're on news Talks B twenty siven 279 00:15:30,520 --> 00:15:33,000 Speaker 2: minutes after five. Doctor Katie Ben, who's the president of 280 00:15:33,000 --> 00:15:35,920 Speaker 2: the Association of Salary Medical Specialists with me this morning, 281 00:15:36,040 --> 00:15:38,760 Speaker 2: returning from before the break. They're on strike today. If 282 00:15:38,800 --> 00:15:41,280 Speaker 2: you're going to the hospital, you may have a problem. 283 00:15:41,720 --> 00:15:45,000 Speaker 2: Four thousand surgeries and procedures won't happen today that should 284 00:15:45,000 --> 00:15:47,720 Speaker 2: have happened, you will have been let know, doctor Katie, 285 00:15:47,720 --> 00:15:50,080 Speaker 2: thanks for staying with me over the break. Now you've 286 00:15:50,120 --> 00:15:52,760 Speaker 2: just outlined your what your workday looks like and what 287 00:15:52,800 --> 00:15:58,360 Speaker 2: you will pay is is this payoffer? The clincher here 288 00:15:58,520 --> 00:16:01,280 Speaker 2: is the fact that you're not getting a higher increase. 289 00:16:01,880 --> 00:16:03,320 Speaker 2: What's making you strike. 290 00:16:05,920 --> 00:16:08,440 Speaker 6: What's making us strike is that we don't have enough 291 00:16:08,480 --> 00:16:12,120 Speaker 6: doctors on the roster. And in order to get more 292 00:16:12,160 --> 00:16:14,480 Speaker 6: doctors on the roster, we need to recruit more doctors 293 00:16:14,480 --> 00:16:16,480 Speaker 6: into New Zealand and we need to keep the ones 294 00:16:16,520 --> 00:16:20,200 Speaker 6: that we train here staying here. To do that, we 295 00:16:20,280 --> 00:16:22,960 Speaker 6: need to be competitive with salary in terms and conditions. 296 00:16:23,080 --> 00:16:28,480 Speaker 6: Because our closest neighbor is Australia, they're starting senior specialist 297 00:16:28,920 --> 00:16:34,440 Speaker 6: doctors will start on a higher salary than our finishing 298 00:16:34,520 --> 00:16:35,800 Speaker 6: senior specialist doctors. 299 00:16:36,000 --> 00:16:37,760 Speaker 2: What would you get over there? Head? Do you know 300 00:16:37,800 --> 00:16:40,080 Speaker 2: how much or how much more might you get? 301 00:16:40,680 --> 00:16:40,800 Speaker 3: Oh? 302 00:16:40,840 --> 00:16:44,160 Speaker 6: I looked into it. I would get one hundred thousand 303 00:16:44,200 --> 00:16:49,400 Speaker 6: more Australian dollars after tax per year for working approximately 304 00:16:49,800 --> 00:16:53,880 Speaker 6: sixty percent of the hours I work now support from 305 00:16:53,960 --> 00:16:54,640 Speaker 6: junior doctors. 306 00:16:54,800 --> 00:16:56,680 Speaker 2: Can I just be honest with you? Why don't you 307 00:16:56,720 --> 00:16:57,040 Speaker 2: do it? 308 00:16:58,480 --> 00:17:03,200 Speaker 6: I've settled in. I have family in Nelson who are 309 00:17:03,240 --> 00:17:10,280 Speaker 6: in school. I have friends, networks, communities, I have long 310 00:17:10,359 --> 00:17:16,919 Speaker 6: life here and also I feel I'm not Kiwi by birth. 311 00:17:17,119 --> 00:17:20,320 Speaker 6: I'm Kee we buy adoption and citizenship after being here 312 00:17:20,359 --> 00:17:23,320 Speaker 6: some years, I feel a sense of loyalty to the 313 00:17:23,359 --> 00:17:24,359 Speaker 6: country that housed me. 314 00:17:25,760 --> 00:17:28,040 Speaker 2: He do that loyalty being tested at the moment. The 315 00:17:28,119 --> 00:17:31,359 Speaker 2: doctor strike will last. That was a fascinating insight, wasn't it. 316 00:17:31,400 --> 00:17:34,000 Speaker 2: The day in the life of a senior doctor will 317 00:17:34,080 --> 00:17:37,600 Speaker 2: last until midnight Tonight News Talks B We'll get to 318 00:17:37,600 --> 00:17:44,240 Speaker 2: our reporters next little. 319 00:17:48,840 --> 00:17:53,159 Speaker 1: On your radio and online on iHeartRadio Early Edition with 320 00:17:53,400 --> 00:17:57,320 Speaker 1: Ryan Bridge and one Roof, Make your Property Search, Simple 321 00:17:57,800 --> 00:17:58,760 Speaker 1: News Talk ZIB. 322 00:18:03,960 --> 00:18:06,280 Speaker 2: Give Mourning. It is twenty four minutes away from six 323 00:18:06,440 --> 00:18:08,840 Speaker 2: welcome to your Thursday. Great to have your company. The 324 00:18:09,000 --> 00:18:12,320 Speaker 2: US economy is going backwards quoter one GDP data route. 325 00:18:12,320 --> 00:18:15,160 Speaker 2: We'll get to Mitch McCann state side and Whinston Peter's 326 00:18:15,280 --> 00:18:17,560 Speaker 2: on the ferries before top of the lots of your 327 00:18:17,560 --> 00:18:19,480 Speaker 2: feedback on our doctor. We'll get to that a. 328 00:18:19,440 --> 00:18:21,960 Speaker 1: Little later on too, Bryan Bridge. 329 00:18:22,160 --> 00:18:24,359 Speaker 2: Right now, Mark Mitchell, he's got a bit on his 330 00:18:24,400 --> 00:18:26,280 Speaker 2: plate at the moment. He'll be happy with the score 331 00:18:26,320 --> 00:18:29,560 Speaker 2: he got from Audrey Young in her ranking of ministers 332 00:18:29,600 --> 00:18:32,879 Speaker 2: for midterm. But I reckon he is holding on to 333 00:18:33,000 --> 00:18:36,320 Speaker 2: a ticking time bomb. This is the case of the 334 00:18:36,359 --> 00:18:40,320 Speaker 2: beautiful young Colombian woman woman in christ Church living next 335 00:18:40,359 --> 00:18:44,000 Speaker 2: door to a monster. She didn't know he'd been let 336 00:18:44,040 --> 00:18:47,479 Speaker 2: out of prison ten weeks before he raped her and 337 00:18:47,600 --> 00:18:50,480 Speaker 2: stabbed her to death. He was on parole, by the way. 338 00:18:51,520 --> 00:18:56,199 Speaker 2: And here's the problem. Corrections knew he was quote a 339 00:18:56,320 --> 00:19:01,920 Speaker 2: high high high risk. Any young attractive woman near him 340 00:19:02,240 --> 00:19:06,320 Speaker 2: would be a target. Poor Juliana Bonella head Eda. That 341 00:19:06,480 --> 00:19:08,919 Speaker 2: was the woman she lived next door. She didn't know 342 00:19:08,960 --> 00:19:14,000 Speaker 2: about his past, and Corrections somehow didn't know she'd moved 343 00:19:14,000 --> 00:19:17,280 Speaker 2: in next door to this animal. Now, since we spoke 344 00:19:17,320 --> 00:19:19,200 Speaker 2: about this the other day. A couple of things have happened, 345 00:19:19,200 --> 00:19:21,280 Speaker 2: a couple of updates for you, And this is where 346 00:19:21,400 --> 00:19:24,520 Speaker 2: Mitchell comes in. This guy was on parole right, which 347 00:19:24,560 --> 00:19:27,800 Speaker 2: means he's been let out of prison early. Could still 348 00:19:27,840 --> 00:19:30,240 Speaker 2: be in prison, but you're not because we've let you out. 349 00:19:30,840 --> 00:19:34,040 Speaker 2: Now you wonder how many other high risk offenders like 350 00:19:34,119 --> 00:19:37,159 Speaker 2: this guy are released from prison early? And is this, 351 00:19:37,400 --> 00:19:41,280 Speaker 2: you know, a good idea? Well? A senior correction staff 352 00:19:41,280 --> 00:19:45,719 Speaker 2: for this week says they're regularly being let out early 353 00:19:46,200 --> 00:19:49,600 Speaker 2: and let into the community, not just people like this guy, 354 00:19:50,080 --> 00:19:55,200 Speaker 2: but people with quote even higher risk Here's what I reckon. 355 00:19:55,840 --> 00:19:59,040 Speaker 2: This case and a long list of parole botch ups 356 00:19:59,119 --> 00:20:02,679 Speaker 2: before it are all the evidence you need that we 357 00:20:02,760 --> 00:20:06,400 Speaker 2: can't trust the system once these guys make it outside. 358 00:20:06,600 --> 00:20:12,000 Speaker 2: The government should immediately pause the release of high risk, 359 00:20:12,320 --> 00:20:16,919 Speaker 2: violent thugs into our communities. Everyone loves to talk about 360 00:20:16,960 --> 00:20:20,879 Speaker 2: safety first. Well, here's a bloody good place to start. 361 00:20:21,760 --> 00:20:27,240 Speaker 2: This ticking time bomb is in Mark Mitchell's lap, twenty 362 00:20:27,280 --> 00:20:29,120 Speaker 2: two minutes away from six News Talk to B. We'll 363 00:20:29,080 --> 00:20:31,160 Speaker 2: get to our reporters around the country now. Colum Procter 364 00:20:31,200 --> 00:20:34,080 Speaker 2: and Dnedin first Culum. Good morning to you, Hi, Ryan, 365 00:20:34,200 --> 00:20:37,600 Speaker 2: Doc making some changes to a Feudland tract. What's this about? 366 00:20:38,520 --> 00:20:39,119 Speaker 2: This is the. 367 00:20:40,600 --> 00:20:43,920 Speaker 7: Lake Marion Track and a new viewing platforms being built 368 00:20:43,920 --> 00:20:48,119 Speaker 7: there where a young girl died in January twenty twenty four. 369 00:20:48,280 --> 00:20:50,119 Speaker 7: This was ten year old Tigue and Change. She was 370 00:20:50,119 --> 00:20:53,520 Speaker 7: on holiday from Australia when she slipped into the Marion 371 00:20:53,640 --> 00:20:57,280 Speaker 7: Creek from this platform and was instantly swept out of 372 00:20:57,359 --> 00:21:00,800 Speaker 7: sight in what is a very fast flowing creek there. Sadly, 373 00:21:00,840 --> 00:21:04,080 Speaker 7: Dosa's planning for the upgrade was underway before her death. 374 00:21:04,480 --> 00:21:07,080 Speaker 7: They say barriers there now will protect people while this 375 00:21:07,160 --> 00:21:10,000 Speaker 7: new platform is built, and the Lake Marion Track has 376 00:21:10,040 --> 00:21:13,080 Speaker 7: closed until May thirtieth. Access to the Falls track will 377 00:21:13,119 --> 00:21:16,040 Speaker 7: be limited during the construction of this new platform. 378 00:21:16,119 --> 00:21:18,439 Speaker 2: Okay, weather the odd. 379 00:21:18,359 --> 00:21:22,200 Speaker 7: Lightsholler from this afternoon mostly cloudy. Hi, have only ten today. 380 00:21:22,359 --> 00:21:24,840 Speaker 2: Clears and christ it's clear good morning. Feeding ka could 381 00:21:24,840 --> 00:21:26,760 Speaker 2: soon be illegal in the Selwyn district. 382 00:21:27,080 --> 00:21:30,160 Speaker 8: Well, that's right, Ryan. The district council, the Salwyn District 383 00:21:30,200 --> 00:21:33,240 Speaker 8: Council that is, has been investigating the possibility of a 384 00:21:33,359 --> 00:21:37,440 Speaker 8: bye law around feeding of kia for about two years now. 385 00:21:37,480 --> 00:21:39,959 Speaker 8: But they've told US that they're expected to provide an 386 00:21:40,040 --> 00:21:42,600 Speaker 8: update and some more clarity on that possibility within the 387 00:21:42,640 --> 00:21:45,760 Speaker 8: next six months. It says feeding kia is not good 388 00:21:45,800 --> 00:21:49,359 Speaker 8: for their health and can also encourage scavenging, which means 389 00:21:49,400 --> 00:21:51,600 Speaker 8: they come closer to humans and then of course have 390 00:21:51,680 --> 00:21:55,080 Speaker 8: a high risk of being hit by cars. If deemed suitable, 391 00:21:55,119 --> 00:21:57,879 Speaker 8: this by law would allow the Council to have the 392 00:21:57,960 --> 00:22:02,000 Speaker 8: legal authority to stop humans from feeding the birds. Questions 393 00:22:02,040 --> 00:22:04,879 Speaker 8: obviously in relation to how that may be policed. But 394 00:22:05,000 --> 00:22:09,040 Speaker 8: kia are of course listed as threatened internationally endangered with 395 00:22:09,119 --> 00:22:12,240 Speaker 8: a population of fewer than five thousand. How's you wear 396 00:22:12,240 --> 00:22:15,119 Speaker 8: the clear an orange heavy rain warning in place for 397 00:22:15,200 --> 00:22:17,639 Speaker 8: US until six to night met Services. We should expect 398 00:22:17,640 --> 00:22:21,000 Speaker 8: at least another one hundred millimeters of rain, moderate chance 399 00:22:21,040 --> 00:22:23,440 Speaker 8: of that upgrading to a red warning. Windy as well, 400 00:22:23,480 --> 00:22:25,879 Speaker 8: with southerly's the high only eleven. 401 00:22:25,720 --> 00:22:28,440 Speaker 2: Take care Max Wellington. How's your storm? 402 00:22:28,760 --> 00:22:32,000 Speaker 9: Yeah, strongest southerly's in the region for more than a decade. 403 00:22:32,000 --> 00:22:35,280 Speaker 9: Apparently not just today but tomorrow as well. That's the forecast. 404 00:22:35,800 --> 00:22:39,800 Speaker 9: Southerly southwesterlies up to one hundred and thirty k gusts 405 00:22:40,160 --> 00:22:42,479 Speaker 9: in twenty thirteen they had one hundred and forty so 406 00:22:42,560 --> 00:22:45,760 Speaker 9: strong biting winds, heavy rain as well, peaking at only 407 00:22:45,840 --> 00:22:49,919 Speaker 9: twelve thirteen ish degrees both today and tomorrow. Inter Runanda 408 00:22:49,960 --> 00:22:53,920 Speaker 9: crossings are already canceled until Friday are due to large swells. 409 00:22:53,960 --> 00:22:56,680 Speaker 9: There may be further disruption beyond that as well. We'll 410 00:22:56,720 --> 00:22:59,879 Speaker 9: be checking on trees, power lines, fences, roofs. This morning. 411 00:23:00,119 --> 00:23:02,960 Speaker 9: A couple of incoming flights canceled so far. We'll be 412 00:23:03,080 --> 00:23:07,280 Speaker 9: monitoring the Wellington Airport bulletin board. Bad elsewhere as well, 413 00:23:07,359 --> 00:23:10,360 Speaker 9: warnings in Bay of Plenty, Canterbury, k Colder, Marlborough, some 414 00:23:10,400 --> 00:23:13,520 Speaker 9: flooding around Canterbury and on the West coast, so not 415 00:23:13,640 --> 00:23:15,720 Speaker 9: just us and I guess now I don't need to 416 00:23:15,760 --> 00:23:16,440 Speaker 9: do the weather right. 417 00:23:17,800 --> 00:23:19,960 Speaker 2: That's a great point. We're short on time, so I'm 418 00:23:19,960 --> 00:23:22,440 Speaker 2: pleased Max have a wonderful day. We'll try to set 419 00:23:22,480 --> 00:23:25,560 Speaker 2: a wonderful day. Neva's and Auckland Neva, good morning, greetings. 420 00:23:25,800 --> 00:23:26,760 Speaker 2: Now you're the sign. 421 00:23:27,160 --> 00:23:29,000 Speaker 4: I know the people you're signed. I had to bring 422 00:23:29,040 --> 00:23:31,440 Speaker 4: this back because even though I started talking about it 423 00:23:31,440 --> 00:23:33,120 Speaker 4: a couple of days ago, we've hit a few inquiries. 424 00:23:33,200 --> 00:23:36,200 Speaker 4: So what's happened, what's the decision. So I can tell 425 00:23:36,240 --> 00:23:40,080 Speaker 4: you that a replica of this popular fifteen meter blue 426 00:23:40,119 --> 00:23:42,560 Speaker 4: sign and pammua that's going to be placed at a 427 00:23:42,600 --> 00:23:43,480 Speaker 4: different location. 428 00:23:43,920 --> 00:23:45,800 Speaker 2: A replica. What's wrong with the original? 429 00:23:45,840 --> 00:23:50,160 Speaker 4: Well, apparently it's not looking flesh at all. It's like, yeah, 430 00:23:50,200 --> 00:23:52,600 Speaker 4: I only couldn't fix it up. They couldn't. So the 431 00:23:53,080 --> 00:23:55,159 Speaker 4: local board did want parts of the original sign to 432 00:23:55,160 --> 00:23:57,960 Speaker 4: be incorporated, but you know, it wasn't viable due to 433 00:23:58,000 --> 00:24:02,200 Speaker 4: its condition. So I think it's really yeah, but craddy, craddy. 434 00:24:01,960 --> 00:24:03,600 Speaker 2: Okay, so they'll get it. They'll get it one that 435 00:24:03,640 --> 00:24:05,040 Speaker 2: looks like the old one, and it's put in a 436 00:24:05,040 --> 00:24:06,080 Speaker 2: different place, at. 437 00:24:06,000 --> 00:24:08,640 Speaker 4: A different location. But they won't reveal that location yet, 438 00:24:08,680 --> 00:24:09,159 Speaker 4: So there you go. 439 00:24:09,320 --> 00:24:10,880 Speaker 2: It'd be funny if it wasn't pamure. 440 00:24:13,080 --> 00:24:18,760 Speaker 4: So well, okay, betting down the heaches. As Max said, 441 00:24:18,760 --> 00:24:21,040 Speaker 4: we're getting that weather as well. We've got a shower, 442 00:24:21,119 --> 00:24:23,240 Speaker 4: strong winds. Twenty is the high you're. 443 00:24:23,080 --> 00:24:25,639 Speaker 2: In Auckland, brilliant, never thank you. It is eighteen minutes 444 00:24:25,680 --> 00:24:28,240 Speaker 2: away from six year On news talk hereb the world's 445 00:24:28,359 --> 00:24:33,600 Speaker 2: largest economy is going backwards quarter one GDP data rat mark. No, 446 00:24:33,760 --> 00:24:40,159 Speaker 2: sorry mate, Mitch, goodness me Mitch is here from the 447 00:24:40,240 --> 00:24:41,000 Speaker 2: United States. 448 00:24:41,119 --> 00:24:46,040 Speaker 1: Next international correspondence with ends and eye insurance, feace of 449 00:24:46,080 --> 00:24:47,480 Speaker 1: mind for New Zealand business. 450 00:24:48,880 --> 00:24:51,159 Speaker 2: It is quarter to seven. You're on a quarter to six. Rather, 451 00:24:51,200 --> 00:24:52,600 Speaker 2: you're on news talk seed be able to get to 452 00:24:52,720 --> 00:24:56,080 Speaker 2: Mitch mccannon state side, Mitch, good morning, Good morning, Ryan. 453 00:24:56,080 --> 00:24:58,119 Speaker 2: How are you. I'm very well, Thank you extually a 454 00:24:58,320 --> 00:25:02,040 Speaker 2: loud of breath, just just ran back to the completely 455 00:25:02,080 --> 00:25:05,240 Speaker 2: honest with you. But speaking of out of breath. So's 456 00:25:05,320 --> 00:25:08,720 Speaker 2: the American economy for quarter one? Yeah, that's right. 457 00:25:08,840 --> 00:25:11,800 Speaker 10: The US economy for the first three months of twenty 458 00:25:11,880 --> 00:25:15,359 Speaker 10: twenty five has essentially gone backwards. It's contracted at a 459 00:25:15,400 --> 00:25:18,760 Speaker 10: figure of zero point three or negative zero point three percent. 460 00:25:18,840 --> 00:25:22,920 Speaker 10: Now that's the first contraction of the US economy since 461 00:25:22,920 --> 00:25:26,159 Speaker 10: twenty twenty two. So that's significant news today. And you know, 462 00:25:26,160 --> 00:25:28,359 Speaker 10: for the majority of those months, Donald Trump in fact 463 00:25:28,560 --> 00:25:31,080 Speaker 10: was the president, but he said on social media and 464 00:25:31,119 --> 00:25:32,800 Speaker 10: in person, this was Biden. 465 00:25:32,920 --> 00:25:33,720 Speaker 2: This wasn't Trump. 466 00:25:33,800 --> 00:25:35,720 Speaker 10: He said he was against the way that Biden was 467 00:25:35,720 --> 00:25:38,800 Speaker 10: destroying the economy. And the decline in the GDP for 468 00:25:38,840 --> 00:25:42,679 Speaker 10: this first three months was driven almost entirely by increases 469 00:25:42,720 --> 00:25:45,920 Speaker 10: in imports and The reason for that is that many 470 00:25:46,240 --> 00:25:50,280 Speaker 10: American businesses have been importing products from overseas before these 471 00:25:50,320 --> 00:25:53,280 Speaker 10: tariffs took effect to try and save their businesses. This 472 00:25:53,320 --> 00:25:55,840 Speaker 10: is a big issue for many businesses and of course 473 00:25:55,880 --> 00:25:56,679 Speaker 10: many Americans. 474 00:25:58,119 --> 00:26:01,520 Speaker 2: Some arguments would be, well, this is temporary, they've pulled 475 00:26:01,520 --> 00:26:07,119 Speaker 2: for those imports. But actually the underlying number wasn't too bad. Yeah, well, 476 00:26:07,119 --> 00:26:07,479 Speaker 2: that's right. 477 00:26:07,520 --> 00:26:09,760 Speaker 10: Donald Trump has alluded to that in this cabinet meeting 478 00:26:10,040 --> 00:26:12,840 Speaker 10: which he broadcasts for almost forty minutes earlier today, and 479 00:26:12,880 --> 00:26:14,840 Speaker 10: he pointed out the fact that one of the figures, 480 00:26:15,119 --> 00:26:17,360 Speaker 10: one of the positive figures, was really high, and there 481 00:26:17,400 --> 00:26:20,080 Speaker 10: was private investment in the United States was up around 482 00:26:20,359 --> 00:26:22,480 Speaker 10: twenty two percent. And we've seen that from some of 483 00:26:22,520 --> 00:26:26,520 Speaker 10: these large companies like Oracle, you know, other blood companies, 484 00:26:26,560 --> 00:26:29,439 Speaker 10: tech companies like that that have decided to build billion 485 00:26:29,480 --> 00:26:32,440 Speaker 10: dollar businesses in the United States. So while the overall 486 00:26:32,480 --> 00:26:35,120 Speaker 10: figure was negative, Donald Trump says, there are a few 487 00:26:35,160 --> 00:26:36,080 Speaker 10: bright spots in there. 488 00:26:36,600 --> 00:26:39,920 Speaker 2: Ukraine apparently ready to sign this mineral deal with the US. 489 00:26:40,000 --> 00:26:41,600 Speaker 2: Is the US going to sign it? Do we know? 490 00:26:42,400 --> 00:26:42,600 Speaker 6: Yeah? 491 00:26:42,600 --> 00:26:45,399 Speaker 10: Well, in that same cabinet meeting, the Treasury Secretary Scott 492 00:26:45,400 --> 00:26:48,159 Speaker 10: Besson said that yes, they are ready to sign it 493 00:26:48,200 --> 00:26:50,480 Speaker 10: as early as this afternoon. This is a deal that 494 00:26:50,520 --> 00:26:53,240 Speaker 10: would give the United States access to the rich minerals 495 00:26:53,720 --> 00:26:57,520 Speaker 10: in Ukraine for an exchange for continued aid for the 496 00:26:57,600 --> 00:26:59,840 Speaker 10: war against Russia. Although Donald Trump is said in the 497 00:27:00,280 --> 00:27:03,520 Speaker 10: week their war could be over in a matter of weeks, 498 00:27:03,560 --> 00:27:06,280 Speaker 10: although he has pointed out that he now thinks Vladimir 499 00:27:06,359 --> 00:27:07,920 Speaker 10: Putin could be stringing him along. 500 00:27:08,840 --> 00:27:10,880 Speaker 2: All right, Mitch, we'll leave it there, thanks mate, Mitch. 501 00:27:10,920 --> 00:27:13,679 Speaker 2: We can our US correspondent with ours stateside this morning 502 00:27:13,720 --> 00:27:17,360 Speaker 2: time is twelve minutes away from six News Talk Seed Beat. 503 00:27:18,440 --> 00:27:20,040 Speaker 2: We're going to get to Winston Peters in just a 504 00:27:20,040 --> 00:27:23,280 Speaker 2: few moments because the Outher Teddy I mean sailings actually 505 00:27:23,359 --> 00:27:25,520 Speaker 2: generally aren't happening much in Wellington at the moment because 506 00:27:25,520 --> 00:27:28,040 Speaker 2: of the weather. But the Other Teddy won't be operating 507 00:27:28,400 --> 00:27:31,159 Speaker 2: for the next wee. While we got Winston Peters, we 508 00:27:31,240 --> 00:27:34,400 Speaker 2: do so inter island a fleet will go from three 509 00:27:34,440 --> 00:27:37,320 Speaker 2: to two. Key Rail set to retire one of its ferries. 510 00:27:37,400 --> 00:27:40,320 Speaker 2: It's been a long haul of the other Teddy. Yes, 511 00:27:40,359 --> 00:27:41,920 Speaker 2: it's the same one that ran around and picked in 512 00:27:42,000 --> 00:27:44,399 Speaker 2: last year. If you were wondering the two new rail 513 00:27:44,480 --> 00:27:47,520 Speaker 2: fairies currently expected to arrive twenty twenty nine. Winston Peter's 514 00:27:47,560 --> 00:27:49,720 Speaker 2: the rail minister with me this morning, Minister, good morning, 515 00:27:51,080 --> 00:27:54,320 Speaker 2: good morning. So one hundred and twenty million dollars is 516 00:27:54,359 --> 00:27:57,080 Speaker 2: what it would have cost to upgrade a port to 517 00:27:57,200 --> 00:28:00,240 Speaker 2: keep this particular fury running for the next three years 518 00:28:00,280 --> 00:28:01,760 Speaker 2: as a stop gap? Is that right. 519 00:28:03,560 --> 00:28:05,800 Speaker 11: Now it would be an attempt to try and juggle 520 00:28:06,080 --> 00:28:10,120 Speaker 11: things around while you built a temporary arrangement to fill 521 00:28:10,200 --> 00:28:13,960 Speaker 11: things out in the meantime. And really that was a cost. 522 00:28:14,640 --> 00:28:18,080 Speaker 11: It didn't make any sense at all, and so the 523 00:28:18,160 --> 00:28:22,360 Speaker 11: decision has been made vi qu Rail to ensure that 524 00:28:22,400 --> 00:28:26,680 Speaker 11: we maintain a service not as good as a pass, 525 00:28:27,280 --> 00:28:29,600 Speaker 11: but something that will enable us to appare properly for 526 00:28:29,640 --> 00:28:32,720 Speaker 11: the future. With the kaitiarchy and. 527 00:28:33,080 --> 00:28:37,440 Speaker 2: Kayah down to two vessels, what does that mean for crossings? 528 00:28:38,040 --> 00:28:40,520 Speaker 2: How many few are, how much less freight? What's the 529 00:28:40,600 --> 00:28:42,960 Speaker 2: impact on our. 530 00:28:43,080 --> 00:28:46,840 Speaker 11: Well, it'll be supplemented by it'll be submitted the fair question. 531 00:28:46,840 --> 00:28:50,720 Speaker 11: It will be suppmented by added shipping around the coast 532 00:28:50,760 --> 00:28:56,080 Speaker 11: as well and a reformulated program. But they've assured both 533 00:28:56,320 --> 00:29:00,640 Speaker 11: us and the customers, their customers that it can be 534 00:29:00,720 --> 00:29:03,640 Speaker 11: done where confident it can be. The real issue here, though, 535 00:29:03,680 --> 00:29:06,640 Speaker 11: of course, was a serving enormous amount of money that 536 00:29:06,720 --> 00:29:09,720 Speaker 11: would have been lester than the old plans, which is, 537 00:29:09,800 --> 00:29:14,240 Speaker 11: you know, blown out from the very modest figure we 538 00:29:14,280 --> 00:29:18,440 Speaker 11: started with to almost on the treasury four billion dollars. 539 00:29:18,760 --> 00:29:20,920 Speaker 2: I get that. But you're saying the one hundred and 540 00:29:20,960 --> 00:29:23,840 Speaker 2: twenty million dollars is what we would have to pay 541 00:29:23,920 --> 00:29:27,480 Speaker 2: in order to have three ferries operating for the next 542 00:29:27,600 --> 00:29:29,320 Speaker 2: three years. Is that what you're. 543 00:29:29,200 --> 00:29:34,400 Speaker 11: Saying, No, it's far more complicated than that. What has 544 00:29:34,440 --> 00:29:36,760 Speaker 11: happened a course, is that there's always going to be 545 00:29:36,800 --> 00:29:40,480 Speaker 11: at time when we had to deal with the particularly 546 00:29:40,560 --> 00:29:46,240 Speaker 11: the side of the of the shipping lane that's set 547 00:29:46,360 --> 00:29:48,160 Speaker 11: at the top of the South Island, that was always 548 00:29:48,160 --> 00:29:51,480 Speaker 11: going to beg the a major problem, and we've only 549 00:29:51,480 --> 00:29:55,480 Speaker 11: got two hundred meters of face to work and as 550 00:29:55,520 --> 00:30:00,400 Speaker 11: a consequence, trying to adjust to get the Chrea to 551 00:30:00,440 --> 00:30:04,160 Speaker 11: continue would have required that one hundred and twenty million 552 00:30:04,240 --> 00:30:08,320 Speaker 11: plus expenditure rather than to take this is that Kere 553 00:30:08,440 --> 00:30:10,000 Speaker 11: Rail has taken right. 554 00:30:10,120 --> 00:30:12,320 Speaker 2: So it is fair to say that without one hundred 555 00:30:12,320 --> 00:30:14,560 Speaker 2: and twenty million dollars we wouldn't be able to have 556 00:30:14,680 --> 00:30:19,280 Speaker 2: arditating operating exactly right, okay. 557 00:30:19,280 --> 00:30:23,520 Speaker 11: And also and also we are trying to build something 558 00:30:23,560 --> 00:30:26,240 Speaker 11: for the next sixty years in terms of infrastructure, totally 559 00:30:26,280 --> 00:30:27,360 Speaker 11: get that's a critical point. 560 00:30:27,480 --> 00:30:29,200 Speaker 2: But for the next three years or three and a 561 00:30:29,240 --> 00:30:32,760 Speaker 2: half years, are you saying there will be no impact 562 00:30:32,760 --> 00:30:34,760 Speaker 2: on our supply chains on our freight. 563 00:30:36,560 --> 00:30:39,200 Speaker 11: There will be an impact, but nothing that cannot be 564 00:30:39,280 --> 00:30:42,240 Speaker 11: handled that we've been assured by a q rail example, 565 00:30:42,280 --> 00:30:45,080 Speaker 11: seating on the fairy feet for passioners and carerail is completent, 566 00:30:45,160 --> 00:30:48,680 Speaker 11: can accommodate fate. It will make changes, for example, to 567 00:30:48,760 --> 00:30:51,560 Speaker 11: its rail fate and ferry federals to optimize the supply chain. 568 00:30:52,440 --> 00:30:55,840 Speaker 11: So fairy faith like grain isn't going to be transferred 569 00:30:55,840 --> 00:30:59,160 Speaker 11: into rail fairs. So if more likely we'll go mostly 570 00:30:59,240 --> 00:31:01,600 Speaker 11: go by a way of shit. But you can see 571 00:31:01,680 --> 00:31:04,080 Speaker 11: that the read asments that have to be made. But 572 00:31:04,560 --> 00:31:07,440 Speaker 11: in the end, no, we'll keep the supply line going 573 00:31:07,840 --> 00:31:09,960 Speaker 11: while preparing for a far better future. 574 00:31:10,320 --> 00:31:13,760 Speaker 2: We are talking about nine hundred and twenty cars one 575 00:31:13,840 --> 00:31:17,080 Speaker 2: hundred and twenty rail cars per day that'll be taken 576 00:31:17,120 --> 00:31:19,680 Speaker 2: out of action. You're saying we are going to be 577 00:31:19,720 --> 00:31:22,320 Speaker 2: able to find a solution of work around for all 578 00:31:22,360 --> 00:31:29,560 Speaker 2: of that, so there's no disruption. It does sound ambitious, well. 579 00:31:29,440 --> 00:31:32,440 Speaker 11: Yes, ambitious it is, but this was always a huge 580 00:31:32,520 --> 00:31:35,920 Speaker 11: problem when it was first contemplated to cook straight because 581 00:31:35,960 --> 00:31:39,840 Speaker 11: of its nature. However, it is a decision that has 582 00:31:39,880 --> 00:31:42,880 Speaker 11: to be made and we've gone over the figures with 583 00:31:43,040 --> 00:31:46,520 Speaker 11: q Rail. We've gone over the calculation with Qrail after 584 00:31:46,600 --> 00:31:48,800 Speaker 11: the massive correction that we have made when I got 585 00:31:48,800 --> 00:31:52,680 Speaker 11: the job as minister last year in December. And we're 586 00:31:52,720 --> 00:31:56,720 Speaker 11: on our way now and look passion has traveling with 587 00:31:56,720 --> 00:32:00,560 Speaker 11: their cars might find the most popular da data settings. 588 00:32:00,640 --> 00:32:03,360 Speaker 11: Look up fast at especially busy title of the year, 589 00:32:03,800 --> 00:32:06,320 Speaker 11: but evening savings will be on off or they're going 590 00:32:06,320 --> 00:32:09,080 Speaker 11: to change the schedules to time. If you've the Clevis 591 00:32:09,160 --> 00:32:10,760 Speaker 11: going adequately. 592 00:32:10,360 --> 00:32:14,240 Speaker 2: Enough, Winston Peters, appreciate your time, the Rail Minister. Seven 593 00:32:14,280 --> 00:32:16,560 Speaker 2: Away from six News and. 594 00:32:16,560 --> 00:32:19,720 Speaker 1: Views You Trust to start your day is early edition 595 00:32:19,920 --> 00:32:24,360 Speaker 1: with Ryan Bridge and one Room. Make your property search simple. 596 00:32:24,640 --> 00:32:27,320 Speaker 2: You've talked sab five away from Sex not a lot 597 00:32:27,360 --> 00:32:29,280 Speaker 2: of love for Winston. Peter's on the text machine on 598 00:32:29,360 --> 00:32:31,760 Speaker 2: the Fairies. We just had him on and to our 599 00:32:31,840 --> 00:32:34,880 Speaker 2: doctor we had on who's working ten eleven our days 600 00:32:35,080 --> 00:32:38,120 Speaker 2: and then been on call and doesn't have a lunch break, 601 00:32:38,160 --> 00:32:40,560 Speaker 2: doesn't have an afternoon tea break, and barely gets time 602 00:32:40,600 --> 00:32:42,680 Speaker 2: to go to the toilet and says, two hundred and 603 00:32:42,720 --> 00:32:46,280 Speaker 2: fifty bucks a year's great money. Get over it. There 604 00:32:46,320 --> 00:32:49,000 Speaker 2: you go. Mike is with us now, Mike, good morning. 605 00:32:48,880 --> 00:32:52,600 Speaker 12: Very good morning. I'm excited about this financial stuff, aren't you? 606 00:32:52,800 --> 00:32:56,000 Speaker 12: As you still aren't school at school, it brings into 607 00:32:56,000 --> 00:32:58,480 Speaker 12: that thing what's school for? You know when? Because I 608 00:32:58,560 --> 00:33:01,800 Speaker 12: hated school and I wasn't good at school. And it 609 00:33:01,840 --> 00:33:04,400 Speaker 12: depends on see, if you were on a pathway to university, 610 00:33:05,120 --> 00:33:07,000 Speaker 12: then that was fine, so you did your physics in 611 00:33:07,040 --> 00:33:08,920 Speaker 12: your Latin and all the stuff you were going to do. 612 00:33:08,960 --> 00:33:10,280 Speaker 12: But for the rest of us, it was kind of 613 00:33:10,320 --> 00:33:13,320 Speaker 12: like it was more important to learn things that were. 614 00:33:13,240 --> 00:33:15,640 Speaker 2: Useful, practical stuff, practical stuff and. 615 00:33:15,840 --> 00:33:18,880 Speaker 12: So home ech you learned the scones, how to make bread, 616 00:33:19,360 --> 00:33:21,840 Speaker 12: stuff like that, and then of course you moved into economics. 617 00:33:21,840 --> 00:33:26,000 Speaker 12: And I was quite good at economics, economics and accounting, 618 00:33:26,000 --> 00:33:28,440 Speaker 12: and it takes you, it takes you to places. 619 00:33:28,080 --> 00:33:30,320 Speaker 2: They had they had a thing at school when I 620 00:33:30,400 --> 00:33:32,880 Speaker 2: was there, it was like an entrepreneur thing with a 621 00:33:32,960 --> 00:33:34,560 Speaker 2: run with BP, and you had to come up with 622 00:33:34,600 --> 00:33:37,080 Speaker 2: a business. And me and my friend came up with 623 00:33:37,080 --> 00:33:41,240 Speaker 2: a business up to sell mulch, Multch, Moltch. Right, we 624 00:33:41,280 --> 00:33:44,200 Speaker 2: bolt bought mulch and then we sold it in little trade. 625 00:33:44,240 --> 00:33:45,280 Speaker 2: So you were just the middle man. 626 00:33:45,760 --> 00:33:49,719 Speaker 12: We didn't even create the entrepreneur would have made the mulch. 627 00:33:50,680 --> 00:33:52,000 Speaker 12: There were the markup, the markup. 628 00:33:52,040 --> 00:33:53,560 Speaker 2: No, you're just the middle man. You're the you're the 629 00:33:53,560 --> 00:33:56,080 Speaker 2: ticket clipper. Yeah, yeah, way to be. And did you 630 00:33:56,120 --> 00:33:58,520 Speaker 2: make good coin? Great coin? What are you doing here? 631 00:33:59,000 --> 00:33:59,160 Speaker 6: Well? 632 00:33:59,200 --> 00:34:01,000 Speaker 2: Why ain't you the multi? I was thinking this morning? 633 00:34:01,080 --> 00:34:02,520 Speaker 2: Did I actually pay tax on that? 634 00:34:02,960 --> 00:34:03,160 Speaker 6: No? 635 00:34:03,240 --> 00:34:05,760 Speaker 2: I don't think you didn't? Straight onto? What'd you call it? 636 00:34:06,040 --> 00:34:06,320 Speaker 5: Rolch? 637 00:34:08,360 --> 00:34:14,400 Speaker 2: I don't remember what we call Ryan's Ryan's pile. Anyway, 638 00:34:15,040 --> 00:34:16,720 Speaker 2: have a great day everyone, see you tomorrow. 639 00:34:18,920 --> 00:34:21,879 Speaker 1: For more from Early Edition with Ryan Bridge, listen live 640 00:34:22,040 --> 00:34:25,040 Speaker 1: to news Talks it'd be from five am weekdays, or 641 00:34:25,080 --> 00:34:27,000 Speaker 1: follow the podcast on iHeartRadio.