1
00:00:01,920 --> 00:00:05,480
Speaker 1: Pressing the newsmakers to get the real story. It's Heather

2
00:00:05,600 --> 00:00:09,159
Speaker 1: duplicy Ellen drive with One New Zealand to coverage like

3
00:00:09,280 --> 00:00:11,440
Speaker 1: no one else News doorgs heavy.

4
00:00:14,360 --> 00:00:16,360
Speaker 2: Panod Welcome to the show. Coming up today, We've got

5
00:00:16,360 --> 00:00:19,400
Speaker 2: that supermarket announcement. It's actually not bad. How good's that?

6
00:00:19,480 --> 00:00:21,840
Speaker 2: Nikola Willis is with us after five the gender pay

7
00:00:21,880 --> 00:00:24,600
Speaker 2: gap has dropped three percent. Brad Olson on why You're

8
00:00:24,640 --> 00:00:27,400
Speaker 2: not Gonna Love It? And Auckland Transport has spent sixty

9
00:00:27,440 --> 00:00:30,520
Speaker 2: three million dollars on road cones and traffic management in

10
00:00:30,560 --> 00:00:32,600
Speaker 2: one year. We'll speak to Morris Williamson about it.

11
00:00:32,920 --> 00:00:33,160
Speaker 3: Good.

12
00:00:33,320 --> 00:00:36,400
Speaker 2: Heather duplic Ellen honestly didn't think that the government had

13
00:00:36,400 --> 00:00:39,440
Speaker 2: the cojones to do this. So I am heartened by

14
00:00:39,479 --> 00:00:41,240
Speaker 2: the news that there is a chance that a bunch

15
00:00:41,280 --> 00:00:44,400
Speaker 2: of ministries face The chop word is that the Ministry

16
00:00:44,440 --> 00:00:47,920
Speaker 2: for Women, the Ministry for Pacific Peoples, and the Ministry

17
00:00:47,960 --> 00:00:50,720
Speaker 2: for Disabled People are going to be absorbed into larger ministries. Now,

18
00:00:50,720 --> 00:00:53,120
Speaker 2: obviously I would much prefer that they cease to exist

19
00:00:53,159 --> 00:00:56,440
Speaker 2: altogether rather than just get moved into a bigger organization.

20
00:00:56,640 --> 00:00:59,760
Speaker 2: But maybe maybe fingers crossed, Maybe it's a two move attack.

21
00:01:00,120 --> 00:01:02,800
Speaker 2: You absorb first and then you squeeze out of existence next.

22
00:01:03,280 --> 00:01:06,120
Speaker 2: We do not need these ministries. Let's have a look

23
00:01:06,120 --> 00:01:07,760
Speaker 2: at the women's ministry as an example.

24
00:01:07,840 --> 00:01:07,960
Speaker 3: Right.

25
00:01:08,000 --> 00:01:09,840
Speaker 2: You could say that all the way back in nineteen

26
00:01:09,920 --> 00:01:12,520
Speaker 2: forty nine, when there was a Minister for the Welfare

27
00:01:12,560 --> 00:01:14,600
Speaker 2: of Women and Children, that there was a real case

28
00:01:14,640 --> 00:01:18,120
Speaker 2: for needing dedicated help for women. Given how economically dependent

29
00:01:18,160 --> 00:01:21,200
Speaker 2: women were on their husbands, and often the husbands were

30
00:01:21,280 --> 00:01:25,880
Speaker 2: warscarred and sometimes completely unreliable, there was a need for

31
00:01:25,920 --> 00:01:29,839
Speaker 2: women to have actual help. Now, though women are more

32
00:01:29,840 --> 00:01:34,160
Speaker 2: often than not economically dependent on their husbands, or at

33
00:01:34,240 --> 00:01:36,080
Speaker 2: least if they wanted to be independent, they could choose

34
00:01:36,080 --> 00:01:39,920
Speaker 2: to be independent, sometimes not that rare anymore. Women actually

35
00:01:40,000 --> 00:01:42,440
Speaker 2: earn more than their husbands. They are able to get

36
00:01:42,560 --> 00:01:45,959
Speaker 2: university educations, which they do. They can take out mortgages

37
00:01:45,959 --> 00:01:48,280
Speaker 2: in their own name, which they do. They can own

38
00:01:48,320 --> 00:01:51,400
Speaker 2: their own businesses, which they do. What that's done is

39
00:01:51,400 --> 00:01:54,000
Speaker 2: it's left the ministry for women busying itself with actually

40
00:01:54,080 --> 00:01:57,520
Speaker 2: quite marginal stuff or stuff that doesn't actually directly afflict

41
00:01:57,560 --> 00:01:59,800
Speaker 2: affect our lives. They put out press releases doing things

42
00:01:59,840 --> 00:02:03,440
Speaker 2: like that, celebrating Women's Day, marking the fifth Yearena, role

43
00:02:03,640 --> 00:02:07,840
Speaker 2: of gender equal gender representation on public sector boards, worrying

44
00:02:07,880 --> 00:02:11,520
Speaker 2: about tampons and schools. I have never had the ministry

45
00:02:11,720 --> 00:02:15,280
Speaker 2: give me anything as a woman, ask me anything as

46
00:02:15,280 --> 00:02:19,320
Speaker 2: a woman, or interact with my life at all as

47
00:02:19,360 --> 00:02:22,960
Speaker 2: a woman woman. So scrap it. It's completely wasted money.

48
00:02:23,000 --> 00:02:24,960
Speaker 2: And it is estimated that acting it and all the

49
00:02:24,960 --> 00:02:27,639
Speaker 2: other demographic ministries would save US two point four billion

50
00:02:27,720 --> 00:02:30,880
Speaker 2: dollars between now and twenty twenty eight. Apparently that works

51
00:02:30,880 --> 00:02:33,240
Speaker 2: out at twelve hundred dollars for each household in this country.

52
00:02:33,280 --> 00:02:36,240
Speaker 2: Now here's a question for you. Would you pay twelve

53
00:02:36,320 --> 00:02:39,280
Speaker 2: hundred dollars to keep these ministries going for the next

54
00:02:39,280 --> 00:02:43,000
Speaker 2: three years? No, me neither, which means the moves that

55
00:02:43,040 --> 00:02:46,120
Speaker 2: are apparently a foot to cut them are great news.

56
00:02:46,200 --> 00:02:47,320
Speaker 3: Heaver, dup, See.

57
00:02:47,120 --> 00:02:56,400
Speaker 2: Allen, it's happening. God, it happened, though, Am I right? Thanking?

58
00:02:56,440 --> 00:02:56,920
Speaker 3: It's God?

59
00:02:57,000 --> 00:02:59,000
Speaker 2: If it happened. We'll talk of it, because I just

60
00:02:59,320 --> 00:03:01,160
Speaker 2: who wanted to say around wondering when it was going

61
00:03:01,200 --> 00:03:03,840
Speaker 2: to happen. We'll talk about that later anyway. Nine two

62
00:03:03,960 --> 00:03:06,400
Speaker 2: ninety two is the text number. Now consumer has revealed

63
00:03:06,400 --> 00:03:08,520
Speaker 2: that insurance is the household bill that's gone up the

64
00:03:08,520 --> 00:03:10,280
Speaker 2: most in the past twenty five years. Get a load

65
00:03:10,280 --> 00:03:15,120
Speaker 2: of this. Insurance costs have gone up on average more

66
00:03:15,200 --> 00:03:18,760
Speaker 2: than nine hundred percent since the year two thousand. Basically,

67
00:03:18,840 --> 00:03:21,560
Speaker 2: everything is obviously more expensive than it was in two thousand,

68
00:03:21,560 --> 00:03:23,800
Speaker 2: but nine hundred percent is a massive jump. I mean,

69
00:03:23,840 --> 00:03:26,240
Speaker 2: the increase for ciggies over that period is about six

70
00:03:26,360 --> 00:03:29,520
Speaker 2: hundred percent. Chris Fafoy is Insurance Council Chief Executive and

71
00:03:29,520 --> 00:03:30,080
Speaker 2: with us now.

72
00:03:29,960 --> 00:03:32,239
Speaker 4: Hey Farth, hey, they hell are you?

73
00:03:32,280 --> 00:03:33,799
Speaker 2: I'm very well, thank you. So why has it got

74
00:03:33,840 --> 00:03:35,800
Speaker 2: so much more expensive? Is it that there is a

75
00:03:35,880 --> 00:03:37,720
Speaker 2: legitimate reason or are you guys being greedy.

76
00:03:38,880 --> 00:03:40,760
Speaker 5: It's been a pretty busy quarter of a century out

77
00:03:40,760 --> 00:03:42,839
Speaker 5: of that period of time here, so you know, we've

78
00:03:42,840 --> 00:03:46,040
Speaker 5: had christ Church, We've had co Coda. More recently, we've

79
00:03:46,040 --> 00:03:49,280
Speaker 5: had the North Island with the events of Auckland floods

80
00:03:49,480 --> 00:03:53,760
Speaker 5: and Psyco and Gabrielle, all of those pretty major events,

81
00:03:53,800 --> 00:03:58,360
Speaker 5: billion dollar events. And as a Reserve bank said last May,

82
00:03:58,440 --> 00:04:01,080
Speaker 5: when they track these things, when these big events happen,

83
00:04:01,120 --> 00:04:06,240
Speaker 5: you usually see an increase in and reinsurance costs and

84
00:04:06,240 --> 00:04:11,800
Speaker 5: insurance premiums, and obviously we've you know, inflation affects us too.

85
00:04:11,840 --> 00:04:13,920
Speaker 4: When it costs more.

86
00:04:13,360 --> 00:04:16,800
Speaker 5: For building costs than kind of rebuilding a house ends

87
00:04:16,839 --> 00:04:19,920
Speaker 5: up being more expensive. So they have come off the

88
00:04:20,279 --> 00:04:22,839
Speaker 5: heat a little bit in the short term, and hopefully,

89
00:04:22,880 --> 00:04:25,240
Speaker 5: because we obviously know that people are getting the pinch

90
00:04:25,240 --> 00:04:29,600
Speaker 5: at the moment, hopefully we'll say some softening of those increases.

91
00:04:30,480 --> 00:04:32,640
Speaker 2: Does that mean it's going to get less expensive or

92
00:04:32,720 --> 00:04:34,960
Speaker 2: just stop stop growing at the rate it is?

93
00:04:36,040 --> 00:04:37,480
Speaker 4: Its sertainly stoped growing up the right it is.

94
00:04:37,520 --> 00:04:40,240
Speaker 5: I think the mouse steps that came out showed that

95
00:04:40,279 --> 00:04:41,279
Speaker 5: inflation is coming back.

96
00:04:41,560 --> 00:04:43,760
Speaker 2: I understand the natural disaster stuff and that's fair enough,

97
00:04:43,800 --> 00:04:48,400
Speaker 2: but what about car Car insurance increases and medical insurance increases.

98
00:04:49,360 --> 00:04:51,640
Speaker 5: Well, we don't look after medical. That's that's another outfit.

99
00:04:51,720 --> 00:04:54,160
Speaker 5: But you know, car insurance is a good example where

100
00:04:54,279 --> 00:04:57,360
Speaker 5: it has come off the heat. Heather to the year

101
00:04:57,400 --> 00:05:00,000
Speaker 5: of March of this year, inflation around cars was about

102
00:05:00,160 --> 00:05:02,560
Speaker 5: close to eight percent. It's kind of backed off in

103
00:05:02,680 --> 00:05:05,279
Speaker 5: June to close to two percent. So as I said,

104
00:05:05,279 --> 00:05:06,920
Speaker 5: we're starting to see things soften up.

105
00:05:07,240 --> 00:05:10,200
Speaker 2: So apparently about seventeen percent of people in one year

106
00:05:10,560 --> 00:05:13,200
Speaker 2: said they got rid of insurance because it was just

107
00:05:13,279 --> 00:05:16,279
Speaker 2: too expensive. Is there a point at which you guys

108
00:05:16,320 --> 00:05:19,760
Speaker 2: acknowledge that the prices cannot keep going up or we

109
00:05:19,800 --> 00:05:21,000
Speaker 2: will all start bailing out.

110
00:05:21,800 --> 00:05:22,000
Speaker 6: Yeah.

111
00:05:22,000 --> 00:05:25,080
Speaker 5: Look, I've questioned that number from consumersis ill. I know

112
00:05:25,160 --> 00:05:27,719
Speaker 5: I've done their survey, but that's not what our tracking

113
00:05:27,760 --> 00:05:29,839
Speaker 5: that we've been doing for some time has been showing,

114
00:05:30,400 --> 00:05:34,480
Speaker 5: especially around house insurance, things like house and contents assurance

115
00:05:34,560 --> 00:05:37,040
Speaker 5: have been a challenge and I think that's been the

116
00:05:37,120 --> 00:05:38,040
Speaker 5: way that people.

117
00:05:37,800 --> 00:05:39,080
Speaker 4: Have tried to pull back.

118
00:05:39,839 --> 00:05:45,159
Speaker 5: But we're weary of insurance premiums being a challenge for

119
00:05:45,200 --> 00:05:48,039
Speaker 5: everyone at the moment, Gaven the cost of living challenges

120
00:05:48,120 --> 00:05:52,279
Speaker 5: and again to Consumer New Zealand's points, which we agree

121
00:05:52,279 --> 00:05:56,479
Speaker 5: on substantively. The longer term challenge around reducing risk for

122
00:05:56,560 --> 00:05:59,839
Speaker 5: New Zealand has to happen to protect people from flooding

123
00:05:59,880 --> 00:06:02,560
Speaker 5: the you know your listeners would have experienced a couple

124
00:06:02,600 --> 00:06:04,680
Speaker 5: of years ago. If we don't do something about that,

125
00:06:04,800 --> 00:06:07,440
Speaker 5: then yes, you are right, insurance will become a challenge.

126
00:06:07,680 --> 00:06:10,000
Speaker 5: We've been talking to the government for some time about

127
00:06:10,040 --> 00:06:12,920
Speaker 5: how do we make sure that we are building better protections.

128
00:06:13,279 --> 00:06:15,680
Speaker 5: Having some hard discussions how do we fund these things?

129
00:06:16,200 --> 00:06:18,440
Speaker 5: Because we can have reduced the impact of things like

130
00:06:18,480 --> 00:06:20,640
Speaker 5: floods like we saw a couple of years ago, then

131
00:06:20,640 --> 00:06:22,960
Speaker 5: we'll be able to keep insurance accessible for New Zealanders.

132
00:06:23,080 --> 00:06:26,360
Speaker 2: Yeah, did you hear? You might have seen this yesterday.

133
00:06:26,400 --> 00:06:28,040
Speaker 2: We talked about it on the show. Belinda Story, who

134
00:06:28,080 --> 00:06:29,840
Speaker 2: does a lot of research. Economist who does a lot

135
00:06:29,839 --> 00:06:32,360
Speaker 2: of research around climate risk and stuff, reckons that houses

136
00:06:32,440 --> 00:06:35,400
Speaker 2: near water or with water views are about thirty to

137
00:06:35,400 --> 00:06:37,359
Speaker 2: forty percent overpriced. What do you think.

138
00:06:38,279 --> 00:06:40,159
Speaker 4: Look, I haven't seen that research.

139
00:06:41,600 --> 00:06:45,479
Speaker 5: I know that where there are areas of higher natural

140
00:06:45,480 --> 00:06:48,880
Speaker 5: hazard risk like flooding and landslip, that there are going

141
00:06:48,920 --> 00:06:51,039
Speaker 5: to be some challenges for those communities in the future.

142
00:06:51,080 --> 00:06:53,880
Speaker 5: And we can actually maintain the value of those houses

143
00:06:53,880 --> 00:06:56,760
Speaker 5: in some of those areas if we build better protections.

144
00:06:56,800 --> 00:07:00,599
Speaker 5: And that's the long term challenge for New Zealand. There

145
00:07:00,640 --> 00:07:04,719
Speaker 5: will be more storms, there will be more floods. You know,

146
00:07:04,880 --> 00:07:06,640
Speaker 5: report out a couple of weeks ago said there's going

147
00:07:06,680 --> 00:07:09,600
Speaker 5: to be thirty percent more rain than in these storms.

148
00:07:09,640 --> 00:07:12,240
Speaker 5: And we've kind of experienced in the past, So I

149
00:07:12,320 --> 00:07:14,280
Speaker 5: think most New Zealanders wouldn't want to make sure that

150
00:07:14,280 --> 00:07:17,600
Speaker 5: we're getting ahead of that. So we do agree with

151
00:07:17,680 --> 00:07:20,160
Speaker 5: Consumers New Zealand's point. In their report, it says the

152
00:07:20,200 --> 00:07:22,560
Speaker 5: central government needs to kind of grip this up a bit.

153
00:07:22,640 --> 00:07:26,040
Speaker 5: I mean, the banking sector, the insurance sector. Councils have

154
00:07:26,120 --> 00:07:29,960
Speaker 5: been calling for some action around risk reduction for some time,

155
00:07:30,400 --> 00:07:32,119
Speaker 5: and we spent a hell of a lot of money

156
00:07:32,160 --> 00:07:34,680
Speaker 5: responding to events, and I think we could do better

157
00:07:34,720 --> 00:07:38,520
Speaker 5: by making sure we build some protections to reduce the impact.

158
00:07:38,520 --> 00:07:41,480
Speaker 5: You know, we jumped into the Takapuna golf course and

159
00:07:41,520 --> 00:07:43,920
Speaker 5: debated a month or so ago because we thought it

160
00:07:43,960 --> 00:07:45,560
Speaker 5: was the right thing to say. Actually there's lots of

161
00:07:45,560 --> 00:07:47,920
Speaker 5: families and businesses around there that could do with not

162
00:07:47,960 --> 00:07:48,800
Speaker 5: getting flooded again.

163
00:07:48,920 --> 00:07:51,080
Speaker 2: Yeah too, right, Fav, thank you for your tim Always

164
00:07:51,080 --> 00:07:54,360
Speaker 2: appreciated this. Chris Faffaath, the Insurance Council Chief Executive. Heither

165
00:07:54,520 --> 00:07:56,960
Speaker 2: recently this year, I've changed my car insurance to third

166
00:07:56,960 --> 00:07:59,840
Speaker 2: party only, canceled my health insurance, I no longer ensure

167
00:07:59,880 --> 00:08:01,680
Speaker 2: my business for loss of equipment, and I've reduced my

168
00:08:01,720 --> 00:08:03,680
Speaker 2: life insurance. Basically, I can no longer ford to live

169
00:08:03,760 --> 00:08:07,080
Speaker 2: or at least ensure myself to live, at least Campbell

170
00:08:07,080 --> 00:08:09,400
Speaker 2: finished that text with a lull, so he does see

171
00:08:09,400 --> 00:08:11,960
Speaker 2: the funny side of that. Look there is I thought

172
00:08:11,960 --> 00:08:15,520
Speaker 2: about this the other day. I'm paying for the insurance

173
00:08:15,520 --> 00:08:17,760
Speaker 2: for myself and the kids. They're on my insurance policy.

174
00:08:17,760 --> 00:08:19,600
Speaker 2: And I looked at it. This is the medical insurance, right,

175
00:08:19,720 --> 00:08:21,560
Speaker 2: I don't do anything. I don't do life insurance, and

176
00:08:21,600 --> 00:08:23,560
Speaker 2: they're kind of crap like that, Like if I die

177
00:08:23,640 --> 00:08:25,720
Speaker 2: too bad, you've lost the biggest thing that you're not

178
00:08:25,720 --> 00:08:27,480
Speaker 2: going to get money as a result. You don't want

179
00:08:27,480 --> 00:08:30,600
Speaker 2: to incentivize people to knock you off anyway. So it's just

180
00:08:30,800 --> 00:08:33,200
Speaker 2: like what I'm trying to say is I'm not extravagant

181
00:08:33,280 --> 00:08:35,880
Speaker 2: in my insurances. But I looked at it and I thought,

182
00:08:36,760 --> 00:08:38,800
Speaker 2: there's got to be a point at which I've got

183
00:08:38,800 --> 00:08:41,040
Speaker 2: to sit down and do the numbers, because I wonder

184
00:08:41,040 --> 00:08:42,520
Speaker 2: if I'm at the point where it is no longer

185
00:08:42,640 --> 00:08:45,760
Speaker 2: rational to be insuring myself for medical reasons, do you

186
00:08:45,800 --> 00:08:47,719
Speaker 2: know what I mean? Like, surely the rational thing to

187
00:08:47,800 --> 00:08:50,080
Speaker 2: do if you're paying that much is to just put

188
00:08:50,120 --> 00:08:53,640
Speaker 2: that money aside and start building it up yourself and

189
00:08:54,080 --> 00:08:58,080
Speaker 2: use your savings. Just assume that if you're healthy, mostly

190
00:08:58,880 --> 00:09:00,880
Speaker 2: nothing's going to go wrong. If something does go wrong,

191
00:09:00,920 --> 00:09:02,920
Speaker 2: you use your savings for it. There's got to be

192
00:09:03,120 --> 00:09:04,640
Speaker 2: there's got to be a tipping point. I just wonder

193
00:09:04,679 --> 00:09:06,800
Speaker 2: how close they are to. At sixteen past four.

194
00:09:07,840 --> 00:09:11,120
Speaker 1: It's the Heather to Bussy Alan Drive Full Show podcast

195
00:09:11,200 --> 00:09:14,000
Speaker 1: on iHeartRadio powered by News Talk Zip be.

196
00:09:14,920 --> 00:09:17,520
Speaker 2: Ehither You're bang on? Read the health insurance. I've been

197
00:09:17,520 --> 00:09:19,319
Speaker 2: preaching this for years. Pay yourself when you spend on

198
00:09:19,360 --> 00:09:22,480
Speaker 2: health insurance, build up your own Fundie for you. Cheers, Carol, Carol,

199
00:09:22,480 --> 00:09:24,840
Speaker 2: Thank you. Nineteen passed four. Darcy water Grave was with me.

200
00:09:24,880 --> 00:09:28,680
Speaker 1: Hello Dusk Sport with tab Multi, fast, easy and more

201
00:09:28,720 --> 00:09:29,959
Speaker 1: codes SORR eighteen.

202
00:09:29,720 --> 00:09:31,400
Speaker 2: Bit responsible your special noise.

203
00:09:31,600 --> 00:09:34,560
Speaker 7: I thought that the text said Heather, you bang on?

204
00:09:34,640 --> 00:09:35,720
Speaker 3: But no, no, no.

205
00:09:36,080 --> 00:09:38,480
Speaker 2: Is that why you don't agree? You were like you

206
00:09:38,520 --> 00:09:39,920
Speaker 2: do bang your head?

207
00:09:40,000 --> 00:09:42,560
Speaker 6: Non Hi Heather?

208
00:09:42,760 --> 00:09:45,719
Speaker 2: Hello Darcy, So Shane Christy, what's happened here?

209
00:09:47,240 --> 00:09:51,400
Speaker 6: And reported as to exactly what the cause of death

210
00:09:52,120 --> 00:09:56,480
Speaker 6: was suspected by his own hand, but we don't know.

211
00:09:57,240 --> 00:09:59,400
Speaker 2: Had he taken some head knocks a lot.

212
00:10:00,320 --> 00:10:03,400
Speaker 6: He retired from the game a few years ago. He's

213
00:10:03,480 --> 00:10:05,440
Speaker 6: doing a lot of work with Billy Geison was a

214
00:10:05,440 --> 00:10:09,280
Speaker 6: friend of his who also took his own life, who

215
00:10:09,880 --> 00:10:15,560
Speaker 6: was examined for CTE and he had it. And he's

216
00:10:15,640 --> 00:10:18,920
Speaker 6: been in this space for a long time, Shane Christy

217
00:10:19,000 --> 00:10:22,400
Speaker 6: trying to educate people and understand exactly what it meant.

218
00:10:22,440 --> 00:10:27,000
Speaker 6: He had headaches. It showed the classic signs of it.

219
00:10:27,000 --> 00:10:29,520
Speaker 6: It was really he's only thirty nine years of age,

220
00:10:29,760 --> 00:10:34,439
Speaker 6: and now previously he'd said he's actually told the Herald

221
00:10:34,480 --> 00:10:38,000
Speaker 6: that once he'd passed, he would actually like his brain

222
00:10:38,120 --> 00:10:41,880
Speaker 6: studied to see if indeed ct was part of the

223
00:10:41,920 --> 00:10:45,760
Speaker 6: problems that he had with his continued headaches and hurt

224
00:10:45,800 --> 00:10:49,160
Speaker 6: all the time he walked. It just a devastating disease.

225
00:10:49,280 --> 00:10:52,160
Speaker 2: To have to live with it, that would be so debilitating.

226
00:10:51,840 --> 00:10:55,080
Speaker 6: Impossible, not even close. I can cast myself a few

227
00:10:55,120 --> 00:10:58,120
Speaker 6: years ago, and I found that quite stressful and there

228
00:10:58,200 --> 00:11:02,280
Speaker 6: was no pain. It was just the loss of thoughts,

229
00:11:02,360 --> 00:11:06,319
Speaker 6: that concentrating thought. You accelerate that more so when you've

230
00:11:06,360 --> 00:11:10,640
Speaker 6: taken repeated head knocks. It's terrifying. That's what it is.

231
00:11:11,200 --> 00:11:13,959
Speaker 6: Maybe a couple of decades ago, it wasn't really considered

232
00:11:15,080 --> 00:11:18,880
Speaker 6: it very much is now and even though some in

233
00:11:19,000 --> 00:11:22,559
Speaker 6: world rugby are trying to distant themselves from the connection.

234
00:11:23,200 --> 00:11:27,319
Speaker 6: It's there and it's irresponsible not to say that.

235
00:11:27,400 --> 00:11:29,120
Speaker 2: Are you talking about this on the show this evening.

236
00:11:30,520 --> 00:11:34,240
Speaker 6: I'm looking to get the services of a couple of

237
00:11:34,240 --> 00:11:38,920
Speaker 6: people who specialize in CTE. Plainly, it's pretty raw for

238
00:11:38,960 --> 00:11:40,439
Speaker 6: a lot of these people who would have had a

239
00:11:40,480 --> 00:11:44,440
Speaker 6: lot to do with Shane. So we're waiting to get

240
00:11:44,440 --> 00:11:45,000
Speaker 6: that connection.

241
00:11:45,200 --> 00:11:47,600
Speaker 2: Great, hey, thank you, Darcy bestedluck with that and looking

242
00:11:47,640 --> 00:11:49,800
Speaker 2: forward to hearing it. That's Darcy water Grave SportsTalk coos

243
00:11:49,800 --> 00:11:51,600
Speaker 2: to a back at seven this evening, four twenty.

244
00:11:51,400 --> 00:11:54,880
Speaker 1: One, cutting through the noise to get the facts. It's

245
00:11:54,920 --> 00:11:59,000
Speaker 1: Heather dupic Ellen drive with one New Zealand coverage like

246
00:11:59,120 --> 00:12:00,720
Speaker 1: no one else youth Talks.

247
00:12:00,720 --> 00:12:02,240
Speaker 3: It'd be yeah, you might.

248
00:12:02,280 --> 00:12:04,720
Speaker 2: Laugh at this, but we canceled life insurance five years ago,

249
00:12:04,720 --> 00:12:06,640
Speaker 2: put the payments in an account to save enough for

250
00:12:06,679 --> 00:12:09,560
Speaker 2: flash funerals in case we both went at once. Okay,

251
00:12:12,480 --> 00:12:14,840
Speaker 2: flash funeral. Didn't want to leave our kids with an

252
00:12:14,880 --> 00:12:17,439
Speaker 2: expensive bill to foot. We reached the target last year.

253
00:12:17,520 --> 00:12:20,439
Speaker 2: Now we're appreciating that extra dollars in our pockets. That's

254
00:12:20,520 --> 00:12:22,680
Speaker 2: right there. But there you go, living proof of it.

255
00:12:22,800 --> 00:12:26,559
Speaker 2: Four twenty four now only took a few hours for

256
00:12:26,640 --> 00:12:29,000
Speaker 2: Chris Luxen to involve himself in the story of the day,

257
00:12:29,000 --> 00:12:32,200
Speaker 2: which is Taylor Swift's engagement to her football boyfriend Travis Kelsey.

258
00:12:32,480 --> 00:12:36,199
Speaker 8: Well, Taylor and Travis are big congratulations on this fantastic news.

259
00:12:36,360 --> 00:12:39,000
Speaker 8: Getting engaged is such an exciting time. I know you

260
00:12:39,080 --> 00:12:41,320
Speaker 8: might not be thinking this far ahead, but there would

261
00:12:41,400 --> 00:12:43,800
Speaker 8: be no better place in the world than to have

262
00:12:43,880 --> 00:12:47,040
Speaker 8: the wedding here in New Zealand, or even your honeymoon.

263
00:12:47,360 --> 00:12:49,720
Speaker 2: To Facebook post he's filmed this in the cave, stuck

264
00:12:49,760 --> 00:12:50,320
Speaker 2: it on the facy.

265
00:12:50,520 --> 00:12:52,600
Speaker 8: I got to tell you, New Zealand is a stunning country,

266
00:12:52,640 --> 00:12:55,400
Speaker 8: and we've got places like a Raqi mount Cook which

267
00:12:55,440 --> 00:12:58,720
Speaker 8: offers jaw dropping our pine views. There's why Tomo caves

268
00:12:58,720 --> 00:13:01,439
Speaker 8: that light up the dark with thousands of glowworms. Or

269
00:13:01,480 --> 00:13:04,319
Speaker 8: maybe you fancy cliff diving and Queen Sounds surrounded by

270
00:13:04,360 --> 00:13:06,720
Speaker 8: towering mountains and crystal clear lakes.

271
00:13:07,240 --> 00:13:09,400
Speaker 2: If you're not cringing yet, you will be very shortly.

272
00:13:09,559 --> 00:13:09,679
Speaker 4: Now.

273
00:13:09,720 --> 00:13:11,640
Speaker 8: We also have, without doubt, the best and the most

274
00:13:11,679 --> 00:13:13,640
Speaker 8: friendliest people in the world.

275
00:13:14,040 --> 00:13:14,760
Speaker 4: And I bet your.

276
00:13:14,679 --> 00:13:17,320
Speaker 8: Travis you would love to watch some rugby here too,

277
00:13:17,760 --> 00:13:19,320
Speaker 8: So we hope to see you both here soon.

278
00:13:19,600 --> 00:13:20,520
Speaker 3: Congratulations.

279
00:13:21,040 --> 00:13:24,720
Speaker 2: Now, yeah, you know it's cringey eight like it is cringe.

280
00:13:24,760 --> 00:13:27,520
Speaker 2: It definitely is cringey. It's cringey. But then again, I'm

281
00:13:27,520 --> 00:13:29,920
Speaker 2: gonna I'm gonna like in the same way that remember

282
00:13:29,920 --> 00:13:32,000
Speaker 2: when just Sinda Whip picked up Stephen Colbert at the

283
00:13:32,000 --> 00:13:34,640
Speaker 2: supermarket not the supermarket, at the airport and we all cringe.

284
00:13:35,200 --> 00:13:38,080
Speaker 2: I remember when John Key went on let them in. Oh,

285
00:13:38,120 --> 00:13:40,000
Speaker 2: and then you're sort of like, it's like watching your

286
00:13:40,120 --> 00:13:43,280
Speaker 2: dad do something lame on stage, but you kind of like,

287
00:13:43,559 --> 00:13:45,800
Speaker 2: I want to hustle for so we've got to let

288
00:13:45,800 --> 00:13:49,440
Speaker 2: them hustle. If Luxeon gets even, like, if this even

289
00:13:49,440 --> 00:13:52,040
Speaker 2: pops up on one TV show over in the US,

290
00:13:52,080 --> 00:13:54,760
Speaker 2: it's worth it. So I just want to thank Chris

291
00:13:54,840 --> 00:13:58,360
Speaker 2: lux and for cringing for doing cringy things on our behalf,

292
00:13:58,440 --> 00:14:00,720
Speaker 2: because I'm gonna take every tourist that comes as a

293
00:14:00,720 --> 00:14:02,920
Speaker 2: result of it. Anyway, listen. So I didn't really I

294
00:14:02,960 --> 00:14:07,240
Speaker 2: was yay for Swifty and trav this morning when I

295
00:14:07,280 --> 00:14:09,559
Speaker 2: saw it, but I didn't understand a lot. So I

296
00:14:09,840 --> 00:14:11,640
Speaker 2: went to the kids in the newsroom and I was like,

297
00:14:11,679 --> 00:14:13,160
Speaker 2: what does this mean? What does it mean when she

298
00:14:13,200 --> 00:14:15,800
Speaker 2: puts the caption your English teacher and your gym teacher

299
00:14:15,840 --> 00:14:19,160
Speaker 2: are getting married, And they said, well, she sells herself

300
00:14:19,200 --> 00:14:22,720
Speaker 2: as an English teacher teaching you poetry, acoy poetry, a

301
00:14:22,800 --> 00:14:24,880
Speaker 2: hot autumn girl with the blanket on. I don't know.

302
00:14:25,000 --> 00:14:27,120
Speaker 2: I don't know what it means either. It kind of

303
00:14:27,160 --> 00:14:30,520
Speaker 2: ties into her relatability. That's why she's the English teacher

304
00:14:30,560 --> 00:14:32,880
Speaker 2: and he's the buff Jim teacher because he's kind of

305
00:14:32,960 --> 00:14:35,800
Speaker 2: an idiot. And you've seen the tweet where him misspells

306
00:14:35,840 --> 00:14:40,120
Speaker 2: the word squirrel because he's a footballer, and that's all

307
00:14:40,160 --> 00:14:42,960
Speaker 2: I've that's the that you take what he can out

308
00:14:43,000 --> 00:14:44,720
Speaker 2: of that. I don't know. I just think it. I

309
00:14:44,760 --> 00:14:46,480
Speaker 2: don't really get it. I think it's what they're leaning

310
00:14:46,520 --> 00:14:48,800
Speaker 2: into it their brands, the English teacher and Jim teacher thing,

311
00:14:48,840 --> 00:14:50,760
Speaker 2: and it's kind of like school. I don't really know.

312
00:14:50,800 --> 00:14:53,040
Speaker 2: I don't really know. The ring is a squirrel? Have

313
00:14:53,120 --> 00:14:55,840
Speaker 2: you seen it? They've all decided around the newsroom that

314
00:14:55,880 --> 00:15:00,440
Speaker 2: the squirkle is hideous. I don't and that oh and

315
00:15:00,480 --> 00:15:02,600
Speaker 2: by the way, oh and the fact that it costs

316
00:15:02,640 --> 00:15:05,800
Speaker 2: one million dollars as him being cheap can you believe

317
00:15:05,840 --> 00:15:08,320
Speaker 2: this because she's a billionaire, he needed to spend more.

318
00:15:08,760 --> 00:15:11,160
Speaker 2: I think it's actually quite nice. It's not as whimsical. Yes,

319
00:15:11,360 --> 00:15:13,320
Speaker 2: the Germans, it's not as whimsical as you would expect

320
00:15:13,320 --> 00:15:15,400
Speaker 2: for her. And that's true. But I mean, you know,

321
00:15:15,840 --> 00:15:18,080
Speaker 2: do you have a million dollar ring on your finger? No,

322
00:15:18,400 --> 00:15:22,080
Speaker 2: it's quite nice, I think personally. Anyway, here's your tailor.

323
00:15:22,160 --> 00:15:23,200
Speaker 2: News News is.

324
00:15:23,240 --> 00:15:33,440
Speaker 3: Next, hard questions, strong opinion.

325
00:15:33,640 --> 00:15:36,800
Speaker 1: Here the dupic Ellen Drive with one New Zealand and

326
00:15:36,920 --> 00:15:40,440
Speaker 1: the power of satellite mobile news talk sa'd be you.

327
00:15:45,720 --> 00:15:49,800
Speaker 2: Are we doing this for the entire Farands? Half the

328
00:15:49,800 --> 00:15:54,120
Speaker 2: tho nests he says, half the show, But then you

329
00:15:54,240 --> 00:15:56,440
Speaker 2: never know, he might he might actually just go, I'm

330
00:15:56,480 --> 00:15:58,600
Speaker 2: brilliant doing this, and then he's gonna just keep doing

331
00:15:58,600 --> 00:15:59,480
Speaker 2: this the whole show.

332
00:16:00,200 --> 00:16:00,560
Speaker 9: I don't know.

333
00:16:00,760 --> 00:16:02,120
Speaker 2: I don't really mind all that much.

334
00:16:02,240 --> 00:16:02,800
Speaker 10: Do you mind?

335
00:16:03,320 --> 00:16:06,240
Speaker 2: She's actually quiet, like she's not bad at music. Actually,

336
00:16:06,240 --> 00:16:07,800
Speaker 2: I don't know if you know that. Now we got

337
00:16:07,800 --> 00:16:10,960
Speaker 2: the supermarket announcement from Nikola Willis, and it's not bad.

338
00:16:11,440 --> 00:16:14,000
Speaker 2: It's actually I was. I mean, I think she's deliberately

339
00:16:14,080 --> 00:16:16,320
Speaker 2: undersold it to us so that when it comes out

340
00:16:16,400 --> 00:16:19,200
Speaker 2: we don't have you know that we're impressed, and I'm

341
00:16:19,200 --> 00:16:22,000
Speaker 2: really impressed with it. It looks like this is the idea,

342
00:16:22,080 --> 00:16:24,920
Speaker 2: I think, very similar to the idea that the AX

343
00:16:25,000 --> 00:16:27,040
Speaker 2: Party had pitched at its conference a little while ago.

344
00:16:27,080 --> 00:16:29,800
Speaker 2: They're basically setting up an express land for supermarket owners

345
00:16:30,120 --> 00:16:31,760
Speaker 2: to make it easier for these guys to be able

346
00:16:31,760 --> 00:16:34,400
Speaker 2: to open shops faster, because it is such a kerfuffle

347
00:16:34,760 --> 00:16:36,880
Speaker 2: being able to get the shop consented and blah bla blah,

348
00:16:36,920 --> 00:16:38,840
Speaker 2: and if you have to do it for every single supermarket,

349
00:16:39,000 --> 00:16:41,840
Speaker 2: you just give up in the intakes years. So it

350
00:16:42,000 --> 00:16:44,520
Speaker 2: sounds like this is aimed at Costco, who have talked

351
00:16:44,520 --> 00:16:47,360
Speaker 2: about opening supermarkets further down country. They've got one in Auckland,

352
00:16:47,640 --> 00:16:50,440
Speaker 2: maybe Wellington, blah blah blah. So we're gonna have a

353
00:16:50,480 --> 00:16:52,440
Speaker 2: chat to Nichola Willis about this when she's with us

354
00:16:52,440 --> 00:16:56,000
Speaker 2: after five, Aldi and the other one leadal out stop

355
00:16:56,120 --> 00:16:58,520
Speaker 2: stop even hoping for them. Then it's not going to

356
00:16:58,560 --> 00:17:00,400
Speaker 2: happen the best we can hope for us cost That's

357
00:17:00,480 --> 00:17:03,760
Speaker 2: not a bad thing altogether, Nikola Willis after five twenty

358
00:17:03,760 --> 00:17:04,760
Speaker 2: four away from five.

359
00:17:05,040 --> 00:17:08,760
Speaker 1: It's the world wires on youth talks, they'd be drive so.

360
00:17:08,960 --> 00:17:11,520
Speaker 2: Sovereign citizen Desi Freeman is still at large in the

361
00:17:11,600 --> 00:17:14,600
Speaker 2: Victorian Bush. He killed two cops yesterday after they tried

362
00:17:14,600 --> 00:17:17,680
Speaker 2: to execute a warrant at his property. Victoria Police Commissioner

363
00:17:17,680 --> 00:17:20,720
Speaker 2: Mike Bush says he's confident Dezi will be brought to justice.

364
00:17:20,880 --> 00:17:25,320
Speaker 8: I can assure everyone that we are pouring every resource

365
00:17:26,080 --> 00:17:28,800
Speaker 8: into this search for this person.

366
00:17:30,000 --> 00:17:31,600
Speaker 4: We must find them.

367
00:17:32,040 --> 00:17:33,919
Speaker 2: The Idea of says it attacked a hospital in the

368
00:17:33,960 --> 00:17:37,800
Speaker 2: Gaza Strip because of a camera. The Israeli military argues

369
00:17:37,880 --> 00:17:40,840
Speaker 2: that a camera in the hospital was monitoring Israeli troop

370
00:17:40,920 --> 00:17:43,480
Speaker 2: movements for Kamas. Here's the doctor who worked in Gaza.

371
00:17:43,600 --> 00:17:47,040
Speaker 11: They killed twenty people targeting their camera. I mean, this

372
00:17:47,160 --> 00:17:50,880
Speaker 11: is now what Palestinian lives have become worth. That one

373
00:17:50,960 --> 00:17:54,520
Speaker 11: camera is worth the lives of twenty Palestinians in a hospital,

374
00:17:55,080 --> 00:17:58,080
Speaker 11: not in a building, not in a random street, in

375
00:17:58,080 --> 00:17:58,760
Speaker 11: a hospital.

376
00:17:59,240 --> 00:18:02,640
Speaker 2: And finally, squirrel has got its own official baseball card.

377
00:18:02,720 --> 00:18:06,280
Speaker 2: This particular squirrel recently ran onto the pitch and approached

378
00:18:06,280 --> 00:18:08,880
Speaker 2: the pictures mound during a Yankees Red Sox game.

379
00:18:11,160 --> 00:18:13,480
Speaker 3: But great to the marl. Look at this guy's.

380
00:18:15,160 --> 00:18:16,040
Speaker 4: Not backing down.

381
00:18:16,160 --> 00:18:17,520
Speaker 3: That's a New York Squirrel.

382
00:18:17,960 --> 00:18:19,840
Speaker 2: The Squirrel card is already sold out.

383
00:18:20,480 --> 00:18:24,359
Speaker 1: International correspondence with ends in eye insurance, peace of mind

384
00:18:24,400 --> 00:18:25,480
Speaker 1: for New Zealand business.

385
00:18:26,680 --> 00:18:30,080
Speaker 2: Jonathan cares the US correspondence with US Jonathan.

386
00:18:32,440 --> 00:18:38,240
Speaker 12: Has the world ended, Heather? I just lost you a

387
00:18:38,240 --> 00:18:41,600
Speaker 12: bit there, but my word, the United States is, and

388
00:18:41,840 --> 00:18:43,159
Speaker 12: much of the rest of the world. I think we

389
00:18:43,200 --> 00:18:45,000
Speaker 12: can call today Swift Kelsey Day.

390
00:18:45,000 --> 00:18:47,680
Speaker 4: It is. The wedding bells have been set. The two

391
00:18:47,800 --> 00:18:49,120
Speaker 4: year romance.

392
00:18:48,800 --> 00:18:51,680
Speaker 12: Is heading down the aisles. Everybody can get excited. There's

393
00:18:51,680 --> 00:18:54,320
Speaker 12: an album out, and there's a wedding coming out. It's

394
00:18:54,320 --> 00:18:55,719
Speaker 12: all happening for Taylor Swift.

395
00:18:56,080 --> 00:18:57,679
Speaker 2: You know what, I knew that you'd be into this.

396
00:18:58,000 --> 00:19:00,200
Speaker 2: How much airtime is getting this. There's the skin in

397
00:19:00,240 --> 00:19:00,680
Speaker 2: the US.

398
00:19:01,720 --> 00:19:05,800
Speaker 12: It's dominating airtime and it dominated right across all facets.

399
00:19:05,800 --> 00:19:08,959
Speaker 12: There was the US Open Tennis was taking place. As

400
00:19:09,000 --> 00:19:11,000
Speaker 12: she took to social media to make the announcement. The

401
00:19:11,040 --> 00:19:14,880
Speaker 12: commentary was interrupted to declare that Taylor Swift was engaged.

402
00:19:15,240 --> 00:19:20,800
Speaker 12: Television news stations broke into a momentary excitement. TMZ's website

403
00:19:20,840 --> 00:19:23,919
Speaker 12: and their newsroom went into essential meltown, and likewise, in

404
00:19:23,960 --> 00:19:26,399
Speaker 12: our newsroom, we jumped full into gear to get all

405
00:19:26,440 --> 00:19:29,840
Speaker 12: into the Swift Kelsey action as she essentially announced the

406
00:19:29,840 --> 00:19:32,520
Speaker 12: world that yes, it is happening. It even interrupted Donald

407
00:19:32,520 --> 00:19:36,760
Speaker 12: Trump's marathon four hour cabinet meeting, where he was asked

408
00:19:36,840 --> 00:19:39,280
Speaker 12: himself for his own views. I know that your Prime

409
00:19:39,320 --> 00:19:42,639
Speaker 12: Minister has opened up New Zealand's doors, opened up the

410
00:19:42,680 --> 00:19:44,800
Speaker 12: borders and said come on in, have the wedding, have

411
00:19:44,840 --> 00:19:48,880
Speaker 12: the honeymoon there. Maybe if it's not the United States

412
00:19:48,960 --> 00:19:51,720
Speaker 12: or Europe or New Zealand or Australia, who knows where

413
00:19:51,760 --> 00:19:53,359
Speaker 12: it could be. But if it is in New Zealand,

414
00:19:53,680 --> 00:19:55,840
Speaker 12: maybe they just ran named the country Swift Kelsey for

415
00:19:55,880 --> 00:19:57,880
Speaker 12: a week, a bit of tourism plug for the nation.

416
00:19:58,400 --> 00:20:01,040
Speaker 2: Look, we'll take all the ideas. Hate that idea, but

417
00:20:01,119 --> 00:20:04,359
Speaker 2: you know, all ideas are welcome. Thanks you, Jonathan. What

418
00:20:04,440 --> 00:20:08,000
Speaker 2: did we get out of this marathon cabinet meeting four hours?

419
00:20:08,040 --> 00:20:10,680
Speaker 12: What we got was a lot of praise from Donald

420
00:20:10,720 --> 00:20:13,320
Speaker 12: Trump's cabinet secretaries. I mean it was four hours. They

421
00:20:13,359 --> 00:20:15,399
Speaker 12: were all in the room together at the White House.

422
00:20:16,440 --> 00:20:18,840
Speaker 12: The press were in there for about three hours and

423
00:20:19,000 --> 00:20:21,680
Speaker 12: seventeen minutes of it, I think, and it took probably

424
00:20:22,080 --> 00:20:23,800
Speaker 12: more than two and a half hours for him to

425
00:20:23,800 --> 00:20:26,679
Speaker 12: get around each and every one of his respective secretaries.

426
00:20:26,680 --> 00:20:29,560
Speaker 12: And he does this every single time. And essentially what

427
00:20:29,600 --> 00:20:32,959
Speaker 12: they spend these five or ten minutes each each heaping

428
00:20:33,080 --> 00:20:37,720
Speaker 12: praise on him and on his leadership in terms of substance. Well,

429
00:20:37,760 --> 00:20:39,280
Speaker 12: what we got out of it was some stuff on

430
00:20:39,359 --> 00:20:43,640
Speaker 12: Russia and Ukraine, some expressions of frustration with Vladimir Putin,

431
00:20:44,560 --> 00:20:49,040
Speaker 12: particularly around Moscow's criticisms and attacks on Voladimir Zelenski. He

432
00:20:49,600 --> 00:20:53,040
Speaker 12: used the BS word to describe that what he said

433
00:20:53,119 --> 00:20:57,439
Speaker 12: was posturing. Clearly, he is frustrated. It is now almost

434
00:20:57,440 --> 00:20:59,919
Speaker 12: two weeks since that summit in Anchorage, in a lab

435
00:21:00,400 --> 00:21:02,240
Speaker 12: he wants this conflict to come to an and he

436
00:21:02,280 --> 00:21:04,119
Speaker 12: said he could resolve it in a day. And maybe,

437
00:21:04,160 --> 00:21:07,080
Speaker 12: just maybe he's realizing he can't trust Vladimir Putin as

438
00:21:07,119 --> 00:21:07,840
Speaker 12: far as he can throw it.

439
00:21:08,359 --> 00:21:10,879
Speaker 2: This business abount of Vladimir doesn't want to meet with

440
00:21:10,960 --> 00:21:13,480
Speaker 2: Vladimir because he doesn't like Vladimir. That sounds like Trump

441
00:21:13,560 --> 00:21:15,679
Speaker 2: is already making excuses for Putin, doesn't it.

442
00:21:16,840 --> 00:21:18,919
Speaker 12: Yeah, look it does, because what he wants is these

443
00:21:18,960 --> 00:21:21,080
Speaker 12: two leaders to sit around the table first, Because it

444
00:21:21,119 --> 00:21:24,680
Speaker 12: seems as though that was one of the strictest conditions

445
00:21:24,720 --> 00:21:26,920
Speaker 12: post anchorage, that the two leaders would meet and then

446
00:21:27,040 --> 00:21:30,440
Speaker 12: maybe he would come into play after those two met.

447
00:21:30,560 --> 00:21:35,520
Speaker 12: Now the Kremlin essentially has dodged every single element of

448
00:21:35,560 --> 00:21:38,639
Speaker 12: the question about whether this will actually take place, saying

449
00:21:38,640 --> 00:21:41,240
Speaker 12: that talks will continue out higher range and they're working

450
00:21:41,240 --> 00:21:43,520
Speaker 12: to make the conditions right and saying what the Kremlin

451
00:21:43,920 --> 00:21:47,760
Speaker 12: normally says in these circumstances. You've also got to try

452
00:21:47,800 --> 00:21:51,160
Speaker 12: and understand the idea that the Kremlin essentially half offered

453
00:21:51,160 --> 00:21:53,960
Speaker 12: an invite for Vladimir Zelenski to go to Moscow. Well,

454
00:21:54,000 --> 00:21:58,080
Speaker 12: that's not going to happen. So clearly there is very

455
00:21:58,160 --> 00:22:01,280
Speaker 12: little movement in terms of these two leaders meeting. Now,

456
00:22:01,280 --> 00:22:03,920
Speaker 12: if there's not movement in terms of those two leaders meeting,

457
00:22:03,920 --> 00:22:05,720
Speaker 12: well where is their movement in terms of peace? And

458
00:22:05,720 --> 00:22:08,719
Speaker 12: then what is Donald Trump's next move Because he's essentially

459
00:22:08,760 --> 00:22:10,960
Speaker 12: seen himself as a peace maker, he wants a Nobel

460
00:22:11,000 --> 00:22:13,040
Speaker 12: Peace Prize, he wants the feather in his kapp as

461
00:22:13,080 --> 00:22:14,399
Speaker 12: having resolved this conflict.

462
00:22:14,640 --> 00:22:15,880
Speaker 4: It is far from resolved.

463
00:22:15,920 --> 00:22:18,280
Speaker 12: And essentially, I think what you're seeing is Vladimir Putin

464
00:22:18,320 --> 00:22:21,080
Speaker 12: is playing a very long form game of chess as

465
00:22:21,080 --> 00:22:24,359
Speaker 12: he has long always done, particularly with Donald Trump and

466
00:22:24,480 --> 00:22:26,200
Speaker 12: particularly now with this war in Ukraine.

467
00:22:26,359 --> 00:22:27,920
Speaker 2: Very much so, Jonathan, good to talk to you. Thank

468
00:22:27,960 --> 00:22:31,040
Speaker 2: you so much, and congratulations on the Talismith News today.

469
00:22:31,080 --> 00:22:34,920
Speaker 2: Jonathan Kursley our US correspondence coming up eighteen away from five.

470
00:22:35,400 --> 00:22:36,639
Speaker 3: Hither, duper c Ellen.

471
00:22:37,080 --> 00:22:39,920
Speaker 2: Hither it's desperate that this is the Prime Minister and Luckson. Hither,

472
00:22:39,920 --> 00:22:42,000
Speaker 2: It's desperate, That's what it is. Geez. Hither, why the

473
00:22:42,040 --> 00:22:43,639
Speaker 2: hell did our PM have to make a fool of

474
00:22:43,680 --> 00:22:46,639
Speaker 2: himself over taytay Hither It's okay, we keep bagging him,

475
00:22:46,720 --> 00:22:49,359
Speaker 2: so no good on him. Not cringey. Hither it's cringey

476
00:22:49,440 --> 00:22:51,600
Speaker 2: as but it's super effective. Hither. I like the fact

477
00:22:51,600 --> 00:22:54,440
Speaker 2: that Luxon did that. There's nothing cringey about that at all.

478
00:22:54,640 --> 00:22:56,719
Speaker 2: Good on the Prime Minister for selling New Zealand here

479
00:22:56,760 --> 00:22:58,879
Speaker 2: the big thing. Thumbs up to Chris Luxon and so

480
00:22:58,960 --> 00:23:01,960
Speaker 2: on and so on. I'm on, I think you've got

481
00:23:01,960 --> 00:23:03,359
Speaker 2: to split it down the middle. You've got to admit

482
00:23:03,359 --> 00:23:06,720
Speaker 2: it as super super cringey. But then you know, if

483
00:23:06,760 --> 00:23:09,240
Speaker 2: it's effective, well, even if it's not effective, God on him.

484
00:23:09,240 --> 00:23:11,919
Speaker 2: God loves a trier. Now do you remember the stuff

485
00:23:11,920 --> 00:23:14,280
Speaker 2: that Treasury released about Adrian or remember that stuff that

486
00:23:14,320 --> 00:23:16,200
Speaker 2: came out a little while ago and it showed that

487
00:23:16,440 --> 00:23:18,920
Speaker 2: there had been the meeting and then Adrian had left

488
00:23:18,920 --> 00:23:21,680
Speaker 2: the meeting, and then Neil had basically Neil quickly the

489
00:23:21,720 --> 00:23:23,359
Speaker 2: chair had stitched together the stuff and it was in

490
00:23:23,359 --> 00:23:26,280
Speaker 2: the end it wasn't really all that. It really wasn't

491
00:23:26,320 --> 00:23:28,720
Speaker 2: that sallacious. In the end the stuff that was released

492
00:23:28,760 --> 00:23:32,560
Speaker 2: well just got very awkward for the chair nic Neil

493
00:23:32,640 --> 00:23:35,480
Speaker 2: quickly because we've now discovered just how hard he tried

494
00:23:35,520 --> 00:23:39,440
Speaker 2: to have Treasury not release that stuff. Now, remember remember

495
00:23:39,480 --> 00:23:42,560
Speaker 2: it's important to remember there are two players here. Treasury

496
00:23:43,040 --> 00:23:45,840
Speaker 2: was there and Adrian and Neil were there. They are

497
00:23:45,880 --> 00:23:48,240
Speaker 2: the Reserve Bank right and their meeting with the Minister

498
00:23:48,280 --> 00:23:50,720
Speaker 2: of Finance. This is the email from Neil to Treasury.

499
00:23:51,040 --> 00:23:55,320
Speaker 2: Andrew Andrew works for Treasury. Andrew, I am frankly shocked

500
00:23:55,440 --> 00:23:57,879
Speaker 2: that Treasury would have taken it upon itself to create

501
00:23:57,920 --> 00:24:00,720
Speaker 2: such a minute without disclosing this to me or others

502
00:24:00,720 --> 00:24:03,360
Speaker 2: at the bank. I am also shocked that the comments

503
00:24:03,359 --> 00:24:05,680
Speaker 2: are so detailed. There is no way that I can

504
00:24:05,720 --> 00:24:08,520
Speaker 2: give you comments tomorrow. As this will require the full

505
00:24:08,520 --> 00:24:10,560
Speaker 2: force of the RB and Z Reserve Bank of New

506
00:24:10,640 --> 00:24:13,159
Speaker 2: Zealand legal advice to be brought to bear on it.

507
00:24:13,200 --> 00:24:15,159
Speaker 2: Suffice to say that if the minute was released in

508
00:24:15,240 --> 00:24:18,320
Speaker 2: anything like its current form, it would immediately destroy the

509
00:24:18,359 --> 00:24:20,800
Speaker 2: goodwill between Treasury and the Bank that I have tried

510
00:24:20,840 --> 00:24:24,960
Speaker 2: to create over the past few years. Who when and

511
00:24:25,320 --> 00:24:27,879
Speaker 2: didn't he got released anyway? But talk about trying to

512
00:24:28,040 --> 00:24:30,320
Speaker 2: try to hide the evidence. Barri Soaper is next sixteen

513
00:24:30,320 --> 00:24:30,960
Speaker 2: away from.

514
00:24:30,760 --> 00:24:34,400
Speaker 1: Five Politics with centrics credit, check your customers and get

515
00:24:34,440 --> 00:24:35,280
Speaker 1: payments Certady.

516
00:24:35,600 --> 00:24:38,320
Speaker 2: The excellent from Chris Luxon go the Prime Minister with

517
00:24:38,359 --> 00:24:41,480
Speaker 2: me right now is barrisober Our, senior political correspondent.

518
00:24:41,720 --> 00:24:45,640
Speaker 7: I totally agree with that text that it was excellent.

519
00:24:45,680 --> 00:24:48,720
Speaker 7: I thought it was a great cell of New Zealand.

520
00:24:49,240 --> 00:24:53,880
Speaker 7: And imagine if Taylor and what's his name Travis comes here,

521
00:24:54,640 --> 00:24:57,520
Speaker 7: It'll be marvelous for New Zealand. You know, the world's

522
00:24:57,920 --> 00:25:00,720
Speaker 7: media would be focused on us. It doesn't matter whether

523
00:25:00,760 --> 00:25:03,200
Speaker 7: it's a bit cringey. I mean shows you can sort

524
00:25:03,200 --> 00:25:04,639
Speaker 7: of get down with the real people.

525
00:25:04,680 --> 00:25:05,119
Speaker 3: I like it.

526
00:25:05,200 --> 00:25:07,720
Speaker 2: Oh yeah, look at it continues a long tradition of

527
00:25:07,760 --> 00:25:10,680
Speaker 2: New Zealand. Prime Minister is just being really cringey. Well

528
00:25:10,720 --> 00:25:11,439
Speaker 2: the world stage.

529
00:25:11,480 --> 00:25:13,640
Speaker 7: I wouldn't put it cringey. I just think it's them

530
00:25:13,680 --> 00:25:15,640
Speaker 7: just acting up a but no, I think it's jolly good.

531
00:25:15,720 --> 00:25:17,920
Speaker 2: Yeah, no, absolutely, why not do what you can to

532
00:25:18,000 --> 00:25:20,080
Speaker 2: hustle We need it? Okay, what do you make? I

533
00:25:20,280 --> 00:25:22,119
Speaker 2: like the supermarket announcement.

534
00:25:22,040 --> 00:25:24,640
Speaker 7: So do I And you know, of course we're all

535
00:25:24,680 --> 00:25:27,119
Speaker 7: wondering how they were going to pull it off, what

536
00:25:27,320 --> 00:25:30,520
Speaker 7: they were going to do, and I think particularly the

537
00:25:30,920 --> 00:25:36,600
Speaker 7: one stop shop for streamlining building consent, that's to me

538
00:25:36,880 --> 00:25:39,960
Speaker 7: big deal because you know it's taken so long to

539
00:25:40,000 --> 00:25:42,879
Speaker 7: get consent in this country, and that's the problem with

540
00:25:42,960 --> 00:25:46,000
Speaker 7: this country for any business wanting to start up here.

541
00:25:46,400 --> 00:25:52,639
Speaker 7: I mean, they sent out a request for information and

542
00:25:52,680 --> 00:25:56,359
Speaker 7: they got twenty four replies. Some were existing, some were

543
00:25:56,840 --> 00:26:00,240
Speaker 7: people that were looking at coming into this country. Cost

544
00:26:00,840 --> 00:26:04,320
Speaker 7: Actually Nikola Willis met with cost Co and they said,

545
00:26:04,359 --> 00:26:08,840
Speaker 7: if these regulations were relaxed, then we would certainly look

546
00:26:08,880 --> 00:26:12,159
Speaker 7: at opening more widely throughout the country. And it is

547
00:26:12,240 --> 00:26:14,960
Speaker 7: competition that's what drives the prices down. I'll tell you

548
00:26:14,960 --> 00:26:18,480
Speaker 7: what Nikola Willis I think captured precisely why there is

549
00:26:18,520 --> 00:26:20,680
Speaker 7: a lack of competition in this country. Haven't listened.

550
00:26:20,760 --> 00:26:23,320
Speaker 10: They told us that the time and cost involved in

551
00:26:23,359 --> 00:26:27,320
Speaker 10: applying for resource and building consents for new supermarkets creates

552
00:26:27,440 --> 00:26:31,520
Speaker 10: uncertainty for any new development and makes New Zealand an

553
00:26:31,600 --> 00:26:35,239
Speaker 10: unattractive place to set up shop. We were told it

554
00:26:35,280 --> 00:26:39,399
Speaker 10: can take up to four years to get permission for

555
00:26:39,440 --> 00:26:43,280
Speaker 10: a new supermarket and that reaching that point can cost

556
00:26:43,680 --> 00:26:48,080
Speaker 10: millions of dollars. Several potential competitors also raise concern that

557
00:26:48,160 --> 00:26:54,520
Speaker 10: existing players could potentially use predatory pricing to effectively stamp

558
00:26:54,560 --> 00:26:58,399
Speaker 10: out new operators. We will not put up with that,

559
00:26:58,840 --> 00:27:01,720
Speaker 10: and so the government has a great to strengthen provisions

560
00:27:01,720 --> 00:27:05,119
Speaker 10: in the Commerce Act to prevent this conduct from happening.

561
00:27:05,560 --> 00:27:08,440
Speaker 7: And this legislation they're not going to muck around. It'll

562
00:27:08,440 --> 00:27:11,800
Speaker 7: be in the House by November and I would imagine

563
00:27:11,840 --> 00:27:15,920
Speaker 7: these issues would be resolved early next year. So hopefully

564
00:27:16,640 --> 00:27:20,840
Speaker 7: we'll have some interest in other people operating supermarkets in

565
00:27:20,880 --> 00:27:23,240
Speaker 7: this country rather than the two that do so at

566
00:27:23,240 --> 00:27:23,600
Speaker 7: the moment.

567
00:27:23,640 --> 00:27:26,479
Speaker 2: Good news. Now, do you like the idea of acting

568
00:27:26,520 --> 00:27:27,280
Speaker 2: these ministries?

569
00:27:27,480 --> 00:27:30,440
Speaker 7: Well, I like old Brian Roach. I know Brian quite

570
00:27:30,440 --> 00:27:33,240
Speaker 7: well and it's not for him to do it. It's

571
00:27:33,280 --> 00:27:35,879
Speaker 7: not for him to merge ministries. It would have to

572
00:27:35,880 --> 00:27:38,960
Speaker 7: be a cabinet decision. But you know he looked at

573
00:27:39,880 --> 00:27:45,520
Speaker 7: ministries the like you've already mentioned Women's Affairs and PACIFICA

574
00:27:45,600 --> 00:27:49,520
Speaker 7: People's disabled ministries. Now you know, we've got a large

575
00:27:49,560 --> 00:27:53,040
Speaker 7: public service and surely the jobs that are done by

576
00:27:53,080 --> 00:27:57,000
Speaker 7: those ministries can be absorbed. Not just for your information, Heather,

577
00:27:57,359 --> 00:28:02,600
Speaker 7: how to lock up? How many people work at these ministries? Currently,

578
00:28:03,640 --> 00:28:09,200
Speaker 7: the Women's Affairs Ministry has a staff of forty two,

579
00:28:09,760 --> 00:28:13,480
Speaker 7: the Pacific Ministry it has a staff of one fifty six.

580
00:28:14,680 --> 00:28:18,320
Speaker 7: The CEO of the Women's Ministry has paid up to

581
00:28:18,320 --> 00:28:21,240
Speaker 7: two hundred and ninety thousand dollars a year, and the

582
00:28:21,280 --> 00:28:25,840
Speaker 7: Pacifica Ministry has paid up to five hundred grand a year. Well,

583
00:28:25,920 --> 00:28:29,840
Speaker 7: you know, honestly they could be working within a larger

584
00:28:29,920 --> 00:28:33,600
Speaker 7: ministry and do exactly the same job as if we

585
00:28:33,720 --> 00:28:36,480
Speaker 7: need a women's ministry.

586
00:28:36,000 --> 00:28:38,320
Speaker 2: Anywhay, Am I not wrong in thinking that the Ministry

587
00:28:38,360 --> 00:28:40,960
Speaker 2: for Disabled people was recently split out of the Ministry

588
00:28:40,960 --> 00:28:43,640
Speaker 2: for Social Development? Yes it was, so it can just

589
00:28:43,640 --> 00:28:44,160
Speaker 2: go back to.

590
00:28:44,760 --> 00:28:47,880
Speaker 7: Again and it can be absorbed by other bigger ministries.

591
00:28:48,280 --> 00:28:51,040
Speaker 7: And don't forget. This was in fairness to David Seymour.

592
00:28:51,120 --> 00:28:54,640
Speaker 7: This is something that he's been banging the drama about

593
00:28:54,640 --> 00:28:57,760
Speaker 7: for some time as getting rid of these small ministries.

594
00:28:57,880 --> 00:28:59,440
Speaker 7: And that's what they should have done when they looked

595
00:28:59,440 --> 00:29:02,640
Speaker 7: at the public servers which is bloated. There's no doubt

596
00:29:02,640 --> 00:29:05,400
Speaker 7: about it, and it always has been. It always becomes

597
00:29:05,440 --> 00:29:09,000
Speaker 7: that way under a labor government. They really did need

598
00:29:09,040 --> 00:29:11,120
Speaker 7: to cut back and they really haven't done the job

599
00:29:11,480 --> 00:29:13,120
Speaker 7: that they should have done on the public.

600
00:29:14,520 --> 00:29:16,600
Speaker 2: Hey, so is the capping rates idea popular?

601
00:29:17,480 --> 00:29:19,880
Speaker 7: Well comes to no surprise, does it really? I mean,

602
00:29:19,880 --> 00:29:25,840
Speaker 7: if you ask people, as the Taxpayer's Courier pollsters did

603
00:29:26,320 --> 00:29:30,800
Speaker 7: that basically they were asked, the government is planning to

604
00:29:31,080 --> 00:29:34,320
Speaker 7: introduce a law which would camp how much local councils

605
00:29:34,360 --> 00:29:37,280
Speaker 7: can increase rates by you do you support a repose

606
00:29:37,680 --> 00:29:40,680
Speaker 7: the rates being capped? Well, of course, most people I

607
00:29:40,720 --> 00:29:48,320
Speaker 7: would think would support rates being capped, particularly those we

608
00:29:48,440 --> 00:29:51,560
Speaker 7: like rates going up. So it comes as no surprise.

609
00:29:51,920 --> 00:29:55,280
Speaker 7: And I guess you know the government will be padding

610
00:29:55,360 --> 00:29:58,239
Speaker 7: itself on the back. It's making a policy that is

611
00:29:58,640 --> 00:30:03,560
Speaker 7: generally very well thought of in the country and people

612
00:30:03,600 --> 00:30:06,280
Speaker 7: will be paying hopefully less for their rates in the

613
00:30:06,320 --> 00:30:07,000
Speaker 7: coming years.

614
00:30:07,120 --> 00:30:11,080
Speaker 2: Well, if it actually happened, happens, thank you, Verry, very

615
00:30:11,120 --> 00:30:14,840
Speaker 2: sober seen, your political correspondent eight away from five putting.

616
00:30:14,520 --> 00:30:18,560
Speaker 1: The tough questions to the newspeakers, the mic asking breakfast.

617
00:30:18,480 --> 00:30:21,120
Speaker 13: Visa is a pathway to residency for business migrant's ready

618
00:30:21,160 --> 00:30:23,320
Speaker 13: to invest cash Erica Stanford is of course the Ministry

619
00:30:23,320 --> 00:30:26,600
Speaker 13: of Immigration. Is there a noticeable difference between one and

620
00:30:26,680 --> 00:30:28,840
Speaker 13: two million and the five and ten for golden So

621
00:30:28,840 --> 00:30:30,920
Speaker 13: in other words, you're dealing with completely different people.

622
00:30:31,000 --> 00:30:33,680
Speaker 14: We are, and I was always very cautious about not

623
00:30:34,000 --> 00:30:37,320
Speaker 14: cannibalizing the active Investor plus visa, which is going very well.

624
00:30:37,400 --> 00:30:39,920
Speaker 14: This is more about people who have got business experience

625
00:30:39,920 --> 00:30:41,960
Speaker 14: of running businesses. We will check that investing in a

626
00:30:42,000 --> 00:30:44,000
Speaker 14: business that they have to be here, be a tax

627
00:30:44,080 --> 00:30:47,440
Speaker 14: resident and actively run the business, whereas the active investor

628
00:30:47,440 --> 00:30:50,560
Speaker 14: plus is more about their capital and business connections.

629
00:30:50,680 --> 00:30:51,640
Speaker 2: So very very different.

630
00:30:51,960 --> 00:30:54,760
Speaker 13: Back tomorrow at six am the mic hosking Breakfast with

631
00:30:54,920 --> 00:30:56,520
Speaker 13: Rain Drover Newstalk z B.

632
00:30:57,280 --> 00:30:59,160
Speaker 2: Yeah, the please read the Port of todung A release.

633
00:30:59,200 --> 00:31:00,920
Speaker 2: This is what is wrong with the country, Lance, Thank you.

634
00:31:00,960 --> 00:31:02,320
Speaker 2: I'm going to get to that at some stage. In

635
00:31:02,320 --> 00:31:06,560
Speaker 2: the next half hour. Apparently RFK is bringing back the

636
00:31:06,600 --> 00:31:09,479
Speaker 2: whole fatty, the fatty fatty fatty whole milk. You know,

637
00:31:09,520 --> 00:31:11,320
Speaker 2: the blue top milk. I don't know what it is

638
00:31:11,320 --> 00:31:13,560
Speaker 2: in America. Here, it's the blue top milk. He's bringing

639
00:31:13,600 --> 00:31:15,600
Speaker 2: back to that back to the schools in America, and

640
00:31:15,640 --> 00:31:18,400
Speaker 2: he's getting rid of the low fat milk stuff. This

641
00:31:18,440 --> 00:31:20,680
Speaker 2: is according to a leaked draft of the White Houses

642
00:31:20,720 --> 00:31:25,040
Speaker 2: Make Our Children Healthy Again strategy. I love this because

643
00:31:25,160 --> 00:31:27,880
Speaker 2: I love the fat, right, remember how remember remember what

644
00:31:28,000 --> 00:31:29,880
Speaker 2: upset me the most about the hospital food was that

645
00:31:29,880 --> 00:31:31,680
Speaker 2: they were cutting the fat off the roast meat. But

646
00:31:31,760 --> 00:31:34,200
Speaker 2: Roseby that's what you need. You need to go eat

647
00:31:34,200 --> 00:31:36,320
Speaker 2: your animal fats, you need to drink your full fat milk,

648
00:31:36,360 --> 00:31:38,760
Speaker 2: you need to eat your cheese and all that stuff. Anyway,

649
00:31:39,000 --> 00:31:41,520
Speaker 2: not everyone loves it because for the longest time we've

650
00:31:41,560 --> 00:31:43,160
Speaker 2: been told that we're not supposed to be eating all

651
00:31:43,160 --> 00:31:44,680
Speaker 2: that animal fat. So we're gonna have a chat to

652
00:31:44,720 --> 00:31:47,320
Speaker 2: a nutritionist in twenty minutes that you can know for

653
00:31:47,360 --> 00:31:49,680
Speaker 2: once and for all whether you should actually be drinking

654
00:31:49,760 --> 00:31:52,160
Speaker 2: the blue stuff or the green stuff. And obviously the

655
00:31:52,240 --> 00:31:54,880
Speaker 2: answer is ignore the green stuff. So yeah, quarter past

656
00:31:54,920 --> 00:31:57,440
Speaker 2: five for that one. Aukland Transport have just confirmed that

657
00:31:57,480 --> 00:31:59,520
Speaker 2: they will be coming on the show. I'm very excited

658
00:31:59,520 --> 00:32:03,920
Speaker 2: about this because Auckland Transport, it would appear, is spending

659
00:32:03,960 --> 00:32:06,360
Speaker 2: a huge amount of money still on the road cones,

660
00:32:06,520 --> 00:32:10,320
Speaker 2: and none of us love a road cone. Sixty million

661
00:32:10,400 --> 00:32:13,400
Speaker 2: dollars plus a you advacted sixty three point two million

662
00:32:13,480 --> 00:32:16,440
Speaker 2: dollars a year that they're spending on traffic management and

663
00:32:16,560 --> 00:32:19,240
Speaker 2: road cones. The mayor is furious, as says it's beyond

664
00:32:19,240 --> 00:32:22,040
Speaker 2: a joke. They've spent the five most expensive projects they've

665
00:32:22,080 --> 00:32:25,080
Speaker 2: spent it on. And I apologize to anybody outside of Auckland,

666
00:32:25,080 --> 00:32:27,880
Speaker 2: but you know you can enjoy this Eastern Busway five

667
00:32:27,920 --> 00:32:30,760
Speaker 2: million dollars on the road cones, Mangat Air Cycling improvements

668
00:32:30,760 --> 00:32:33,640
Speaker 2: seven hundred and thirty thousand dollars, Great North Road cycle

669
00:32:33,720 --> 00:32:36,040
Speaker 2: Way six hundred and sixty four thousand. I drive past

670
00:32:36,040 --> 00:32:38,120
Speaker 2: that all the time. I would pay six hundred and

671
00:32:38,160 --> 00:32:40,200
Speaker 2: sixty four thousand dollars to take the road cones away.

672
00:32:40,640 --> 00:32:43,800
Speaker 2: Half Moon Bay Improvements two hundred thousand dollars and speed

673
00:32:43,840 --> 00:32:46,400
Speaker 2: limit reversals one hundred and forty two thousand dollars do

674
00:32:46,440 --> 00:32:48,160
Speaker 2: you know how many households Do you know how many

675
00:32:48,160 --> 00:32:51,080
Speaker 2: households have contributed all of their rates to just the

676
00:32:51,120 --> 00:32:54,840
Speaker 2: road cones and the temporary traffic management fifteen thousand? That's

677
00:32:54,840 --> 00:32:57,440
Speaker 2: a lot anyway, Auckland Transport's going to be with us

678
00:32:57,520 --> 00:33:00,200
Speaker 2: to explain what on earth is going on here? After

679
00:33:00,240 --> 00:33:02,840
Speaker 2: half passed? But Nicola Willis next on the supermarkets New

680
00:33:02,840 --> 00:33:03,480
Speaker 2: Storks B.

681
00:33:03,800 --> 00:33:05,480
Speaker 3: Gorgeous appear.

682
00:33:14,360 --> 00:33:33,160
Speaker 15: Time f twice, Time flies only twice.

683
00:33:34,200 --> 00:33:36,920
Speaker 1: The only drive show you can trust truck to ask

684
00:33:36,960 --> 00:33:40,400
Speaker 1: the questions, get the answers, find the fact sack and

685
00:33:41,120 --> 00:33:45,120
Speaker 1: give the analysis. Hither duplicyll and drive with one New

686
00:33:45,200 --> 00:33:48,200
Speaker 1: Zealand and the power of satellite mobile news.

687
00:33:48,080 --> 00:33:48,640
Speaker 3: Talks B.

688
00:33:50,280 --> 00:33:53,680
Speaker 2: Afternoon. The Government's made its long awaited supermarket announcement. It's

689
00:33:53,680 --> 00:33:56,719
Speaker 2: cutting red tape for any potential new supermarket entrants who

690
00:33:56,760 --> 00:33:59,200
Speaker 2: want to set up here. Consent processes will be made

691
00:33:59,200 --> 00:34:02,000
Speaker 2: easier and to markets will qualify to be fast tracked

692
00:34:02,000 --> 00:34:05,960
Speaker 2: through the approvals process. Finance Minister Nichola Willis is with us. Nikola, Hello,

693
00:34:06,960 --> 00:34:08,759
Speaker 2: hi eather. So is it the case that they will

694
00:34:08,760 --> 00:34:11,279
Speaker 2: apply for one consent for all of their shops? Is

695
00:34:11,280 --> 00:34:12,080
Speaker 2: that how it works?

696
00:34:12,920 --> 00:34:13,040
Speaker 3: Well?

697
00:34:13,080 --> 00:34:15,040
Speaker 10: They could apply for one at a time, or they

698
00:34:15,080 --> 00:34:17,000
Speaker 10: could apply for many at a time. Over to them,

699
00:34:17,160 --> 00:34:19,000
Speaker 10: of course, the more the better, is what I say.

700
00:34:19,080 --> 00:34:22,040
Speaker 2: But is it one consent that will apply for all

701
00:34:22,120 --> 00:34:24,320
Speaker 2: of the stores rather than one consent per stal.

702
00:34:25,320 --> 00:34:29,080
Speaker 10: For the resource consent they will apply for each project.

703
00:34:29,280 --> 00:34:32,319
Speaker 10: For the building consent process, what we're creating is a

704
00:34:32,360 --> 00:34:36,600
Speaker 10: new multiproof line which will mean that they can get

705
00:34:36,920 --> 00:34:39,440
Speaker 10: one pre approved consent for all of the buildings they

706
00:34:39,520 --> 00:34:41,719
Speaker 10: might want to do across the country and then go

707
00:34:41,800 --> 00:34:45,920
Speaker 10: to one building consent authority that can consent them no

708
00:34:45,960 --> 00:34:48,319
Speaker 10: matter where they are in the country, instead of having

709
00:34:48,360 --> 00:34:50,160
Speaker 10: to go to the one of the sixty eight different

710
00:34:50,239 --> 00:34:56,480
Speaker 10: territorial authorities who currently run Bespoken Byzantine consenting processes. They

711
00:34:56,480 --> 00:34:57,760
Speaker 10: can have one fast track.

712
00:34:58,080 --> 00:35:00,080
Speaker 2: So at the moment it takes about four years to

713
00:35:00,080 --> 00:35:02,520
Speaker 2: to set up a store, how long how much shorter

714
00:35:02,600 --> 00:35:03,759
Speaker 2: do you anticipate this will be?

715
00:35:05,080 --> 00:35:05,360
Speaker 12: Well?

716
00:35:05,520 --> 00:35:07,680
Speaker 10: For four years is at the outer length of what

717
00:35:07,760 --> 00:35:10,920
Speaker 10: we've heard about where advised that this will reduce the

718
00:35:10,960 --> 00:35:14,440
Speaker 10: process to a matter of months rather than years. And

719
00:35:14,640 --> 00:35:17,440
Speaker 10: actually it's about as fast as these people want to go.

720
00:35:17,560 --> 00:35:20,520
Speaker 10: So if their investment ready, they can apply for fast

721
00:35:20,560 --> 00:35:23,920
Speaker 10: track that process will run very quickly, and they can

722
00:35:23,960 --> 00:35:27,120
Speaker 10: also at the same time apply for these streamlined building consents,

723
00:35:27,640 --> 00:35:30,200
Speaker 10: which means that really it's just a matter of how quickly.

724
00:35:29,960 --> 00:35:33,800
Speaker 2: They can build. Is this basically aimed at Costco.

725
00:35:35,160 --> 00:35:38,080
Speaker 10: Well, it's aimed at anyone who is looking at New

726
00:35:38,160 --> 00:35:41,200
Speaker 10: Zealand saying, yeah, we think there's a market opportunity there,

727
00:35:41,200 --> 00:35:44,239
Speaker 10: but gosh, it all looks a bit complicated, looks a

728
00:35:44,239 --> 00:35:47,280
Speaker 10: bit hard, don't know what the processes might take forever,

729
00:35:47,360 --> 00:35:50,560
Speaker 10: will be really expensive. And yes, we've tested it with

730
00:35:50,640 --> 00:35:53,680
Speaker 10: Costco because we thought it was pretty important to talk

731
00:35:53,719 --> 00:35:55,759
Speaker 10: to someone who's already been through the process and can

732
00:35:55,800 --> 00:35:58,279
Speaker 10: tell us would this shift the dial? And they have

733
00:35:58,400 --> 00:36:01,080
Speaker 10: confirmed for us that yes, this wood.

734
00:36:00,800 --> 00:36:01,439
Speaker 2: Shift the dial.

735
00:36:01,800 --> 00:36:05,160
Speaker 10: They've also confirmed for us that they are considering opening

736
00:36:05,200 --> 00:36:07,440
Speaker 10: news stores in New Zealand over the next four years

737
00:36:07,640 --> 00:36:09,200
Speaker 10: and that changes like that support it.

738
00:36:09,560 --> 00:36:11,560
Speaker 2: How are you going to crack down on predatory pricing?

739
00:36:13,080 --> 00:36:16,440
Speaker 10: So predatory pricing is something that's not allowed in the

740
00:36:16,440 --> 00:36:19,480
Speaker 10: Commerce Act currently, but there have only been two successful

741
00:36:19,560 --> 00:36:22,839
Speaker 10: prosecutions in New Zealand since the nineties, and that's because

742
00:36:22,840 --> 00:36:25,920
Speaker 10: our Commerce Act is basically out of date with what

743
00:36:26,200 --> 00:36:29,480
Speaker 10: countries around the world now have. They have a specific

744
00:36:29,880 --> 00:36:33,719
Speaker 10: economic impact test in law so that everyone's clear about

745
00:36:33,719 --> 00:36:36,960
Speaker 10: where the line is. So we're essentially going to borrow

746
00:36:37,000 --> 00:36:39,399
Speaker 10: with pride and do what other countries around the world

747
00:36:39,480 --> 00:36:42,000
Speaker 10: have already done in their Commerce Act and put those

748
00:36:42,040 --> 00:36:45,440
Speaker 10: new provisions in so it's crystal clear. It makes prosecutions

749
00:36:45,480 --> 00:36:48,319
Speaker 10: easier and makes everyone aware of where the boundaries are,

750
00:36:48,400 --> 00:36:51,600
Speaker 10: because what we don't want to see is a great

751
00:36:51,640 --> 00:36:54,360
Speaker 10: new entrant coming into the market and getting stamped on

752
00:36:54,520 --> 00:36:56,839
Speaker 10: by the incumbents who are trying to squeeze them out.

753
00:36:56,880 --> 00:36:58,360
Speaker 10: We need to stop that from happening.

754
00:36:58,440 --> 00:37:00,600
Speaker 2: Are you still considering breaking up the duopoly?

755
00:37:02,239 --> 00:37:05,800
Speaker 10: Well, I'm still going through a thorough process to assess

756
00:37:05,960 --> 00:37:08,960
Speaker 10: the risks of that, the costs of that, and how

757
00:37:09,000 --> 00:37:11,840
Speaker 10: that measures up against the benefits consumers would get on

758
00:37:11,880 --> 00:37:15,040
Speaker 10: the other side, because there are arguments on both sides here.

759
00:37:15,120 --> 00:37:17,040
Speaker 10: I hear all of those who say, oh gosh, you

760
00:37:17,080 --> 00:37:20,480
Speaker 10: know that there would be problems with that. Equally, there

761
00:37:20,480 --> 00:37:23,880
Speaker 10: could be significant advantages from that, So I'm taking a

762
00:37:24,000 --> 00:37:27,320
Speaker 10: very thorough process. This would be a really significant intervention,

763
00:37:27,400 --> 00:37:30,120
Speaker 10: so it's not something that the government takes lightly and

764
00:37:30,200 --> 00:37:32,320
Speaker 10: I'm continuing analysis of those options.

765
00:37:32,480 --> 00:37:34,040
Speaker 2: Likely. Have you caught up on the latest with Port

766
00:37:34,040 --> 00:37:34,920
Speaker 2: of Todunger.

767
00:37:36,160 --> 00:37:36,960
Speaker 10: No, I have not.

768
00:37:37,440 --> 00:37:37,680
Speaker 16: Okay.

769
00:37:37,800 --> 00:37:40,000
Speaker 2: Port Todung is urging the government to act quickly and

770
00:37:40,040 --> 00:37:42,720
Speaker 2: rectify the wording in the fast tracked legislation to resolve

771
00:37:42,719 --> 00:37:46,200
Speaker 2: the situation because they have had excuse me, their fast

772
00:37:46,239 --> 00:37:48,840
Speaker 2: track application put on hold after a judicial review.

773
00:37:50,360 --> 00:37:53,880
Speaker 10: Yes, I am aware of that matter. I won't speak

774
00:37:53,920 --> 00:37:57,120
Speaker 10: about matters before the courts, but what I can confirm

775
00:37:57,239 --> 00:38:01,000
Speaker 10: is that when the government introduces this fast track measure

776
00:38:01,040 --> 00:38:04,200
Speaker 10: for supermarkets, we will at the same time take the

777
00:38:04,239 --> 00:38:07,640
Speaker 10: opportunity to take a few remedial measures on the underlying

778
00:38:07,719 --> 00:38:10,480
Speaker 10: fast track legislation to make sure it's working as well

779
00:38:10,520 --> 00:38:11,040
Speaker 10: as possible.

780
00:38:11,040 --> 00:38:13,480
Speaker 2: Okay, good stuff, Hey, thanks very much, Nichola Willis, Finance Minestual.

781
00:38:13,560 --> 00:38:15,360
Speaker 2: Get you across what's just happened with Port of Totong

782
00:38:15,400 --> 00:38:17,080
Speaker 2: has just come out in the last couple of hours

783
00:38:17,400 --> 00:38:18,200
Speaker 2: twelve past.

784
00:38:18,000 --> 00:38:20,880
Speaker 3: Five, Heather dup cl tender pay.

785
00:38:20,800 --> 00:38:23,240
Speaker 2: Gap has fallen three percent in the year to June.

786
00:38:23,239 --> 00:38:25,520
Speaker 2: This is according to Stats and Z data just out.

787
00:38:25,560 --> 00:38:28,480
Speaker 2: Brad Olsen is Infometrics principle economist and with US. Hello, Brad,

788
00:38:29,239 --> 00:38:31,680
Speaker 2: good evening. What's caused the fall?

789
00:38:32,080 --> 00:38:34,239
Speaker 16: Well, I think we're seeing a few things coming through.

790
00:38:34,560 --> 00:38:37,279
Speaker 16: In general, there's been quite a number of industries that

791
00:38:37,400 --> 00:38:43,360
Speaker 16: have seen a number of higher pay numbers for female employees,

792
00:38:43,400 --> 00:38:46,799
Speaker 16: so that's been a big change. You've seen some quite

793
00:38:46,880 --> 00:38:50,920
Speaker 16: large increases across the likes of the transport sector, information

794
00:38:51,040 --> 00:38:56,319
Speaker 16: technology finances, so there have been some genuine changes there.

795
00:38:56,480 --> 00:39:00,359
Speaker 16: We've also seen continued larger pain increases for a number

796
00:39:00,400 --> 00:39:04,280
Speaker 16: of quite large female dominated industries, the likes of education

797
00:39:04,520 --> 00:39:08,160
Speaker 16: and health as well. Those have helped to contribute.

798
00:39:07,960 --> 00:39:08,520
Speaker 4: To the fall.

799
00:39:08,760 --> 00:39:11,560
Speaker 16: This is one of the most statistically significant fools we've

800
00:39:11,560 --> 00:39:13,759
Speaker 16: seen in the gender pay gap, down to five point

801
00:39:13,760 --> 00:39:15,960
Speaker 16: two percent. Previously it was eight point two. That is

802
00:39:15,960 --> 00:39:18,560
Speaker 16: a big shift and I think that's really coming through

803
00:39:18,640 --> 00:39:20,839
Speaker 16: as you've seen a number of these changes in pay

804
00:39:20,960 --> 00:39:23,160
Speaker 16: over time, so it's not all of a sudden things

805
00:39:23,160 --> 00:39:25,120
Speaker 16: have changed. You've had a build up of changes that

806
00:39:25,160 --> 00:39:26,720
Speaker 16: have now started to hit the numbers.

807
00:39:27,360 --> 00:39:29,400
Speaker 2: Can we relax now and stop talking about it if

808
00:39:29,400 --> 00:39:30,240
Speaker 2: it's only five percent?

809
00:39:31,440 --> 00:39:34,879
Speaker 16: I don't think any want to be comfortable with that now.

810
00:39:35,040 --> 00:39:37,520
Speaker 16: To be fair, there's a lot of various measures that

811
00:39:37,560 --> 00:39:39,880
Speaker 16: come into the gender pay gap. It can be a

812
00:39:39,920 --> 00:39:41,960
Speaker 16: bit of a blunt instrument because we know that there

813
00:39:41,960 --> 00:39:45,200
Speaker 16: are of course differences in the type of women, type

814
00:39:45,200 --> 00:39:48,040
Speaker 16: of work that different women are involved with, and men

815
00:39:48,080 --> 00:39:50,640
Speaker 16: as well. But at five point two percent, it still

816
00:39:50,640 --> 00:39:53,319
Speaker 16: doesn't feel comfortable given that there is a difference, and

817
00:39:53,360 --> 00:39:55,040
Speaker 16: certainly when you look at some of the types of

818
00:39:55,080 --> 00:39:57,960
Speaker 16: work that's done, it does seem like we need to continue.

819
00:39:57,640 --> 00:40:00,400
Speaker 2: Telling there will always be a difference as long as

820
00:40:00,440 --> 00:40:02,320
Speaker 2: women are the ones popping out the babies and staying

821
00:40:02,320 --> 00:40:04,640
Speaker 2: home to breastfeed, there will always be a difference, won't.

822
00:40:04,400 --> 00:40:07,720
Speaker 16: They well, especially because that one isn't even really considered

823
00:40:07,760 --> 00:40:10,239
Speaker 16: as well in the gender pay gap. But yes, I

824
00:40:10,239 --> 00:40:12,680
Speaker 16: don't think just because there might always be a challenge though,

825
00:40:12,680 --> 00:40:14,680
Speaker 16: that we should not address that. We've got to continue

826
00:40:14,760 --> 00:40:17,480
Speaker 16: to work on it, and given we've got some momentum here,

827
00:40:17,480 --> 00:40:19,160
Speaker 16: clearly it should be the sort of thing that we

828
00:40:19,239 --> 00:40:21,960
Speaker 16: continue to work on. One area where we haven't made

829
00:40:22,000 --> 00:40:25,439
Speaker 16: as much progress is the ethnic breakdowns of the gender

830
00:40:25,480 --> 00:40:26,920
Speaker 16: pay gap, and I think that's an area that we

831
00:40:26,960 --> 00:40:30,080
Speaker 16: continue to need to look at, only because clearly, if

832
00:40:30,120 --> 00:40:33,160
Speaker 16: we're doing work, everyone should be paid similarly for that

833
00:40:33,239 --> 00:40:34,000
Speaker 16: work that's done.

834
00:40:34,280 --> 00:40:38,360
Speaker 2: Okay, Brad, thank you so much, Brad Olson infametrics principle economists.

835
00:40:38,440 --> 00:40:40,240
Speaker 3: Ever do for thee Ellens.

836
00:40:40,840 --> 00:40:43,880
Speaker 2: I am so sad to tell you that the company

837
00:40:43,960 --> 00:40:46,919
Speaker 2: that makes den Heath Custer Squares has been put into

838
00:40:46,920 --> 00:40:50,360
Speaker 2: liquidation the couple who majority owned it. I don't know

839
00:40:50,360 --> 00:40:51,839
Speaker 2: if you've been following the story, but the couple who

840
00:40:51,880 --> 00:40:53,480
Speaker 2: majority own it have been trying to sell it for

841
00:40:53,520 --> 00:40:55,279
Speaker 2: a couple of years and it doesn't look like it's sold.

842
00:40:55,280 --> 00:40:57,120
Speaker 2: And now as a result, the website has been put

843
00:40:57,160 --> 00:40:59,799
Speaker 2: in liquidation. Websites no longer live the premises with our

844
00:40:59,800 --> 00:41:02,960
Speaker 2: try from Timaru. I've been there, loved it, ate way

845
00:41:02,960 --> 00:41:05,440
Speaker 2: too many of them that has now closed when the

846
00:41:05,800 --> 00:41:07,200
Speaker 2: local paper went round to visit.

847
00:41:07,560 --> 00:41:07,680
Speaker 16: It.

848
00:41:07,760 --> 00:41:11,600
Speaker 2: Is so sad because these are, hands down, you cannot

849
00:41:11,680 --> 00:41:14,920
Speaker 2: argue with me about this, the best custard squares in

850
00:41:14,960 --> 00:41:17,560
Speaker 2: the country because they are not too sweet. They're lovely,

851
00:41:17,719 --> 00:41:20,279
Speaker 2: just like that a little bit of savory and not

852
00:41:20,400 --> 00:41:24,480
Speaker 2: too gelatinous and kind of you know, like h like

853
00:41:24,800 --> 00:41:27,840
Speaker 2: I don't even rubbery. That's the word I'm looking not rubbery.

854
00:41:28,120 --> 00:41:30,480
Speaker 2: They're just delicious and not too sweet and lovely and

855
00:41:30,520 --> 00:41:32,759
Speaker 2: custom just the best, and this is a sad day.

856
00:41:32,800 --> 00:41:34,440
Speaker 2: Can someone please buy it and open it up for us?

857
00:41:34,480 --> 00:41:37,520
Speaker 2: You'd be doing the country a service quarter past. Okay. Now,

858
00:41:37,560 --> 00:41:40,040
Speaker 2: if you're a red wine lover and you love a bargain,

859
00:41:40,080 --> 00:41:42,360
Speaker 2: who doesn't, then get yourself in front of a computer

860
00:41:42,480 --> 00:41:44,279
Speaker 2: or a phone right now, because you are not going

861
00:41:44,360 --> 00:41:47,200
Speaker 2: to want to miss out on this. Incredibly. When I

862
00:41:47,239 --> 00:41:50,879
Speaker 2: say incredibly, I actually meant utterly incredible ten dollar wine deal.

863
00:41:50,920 --> 00:41:53,680
Speaker 2: It's exclusively available at the Good Wine Co. That's the

864
00:41:53,719 --> 00:41:56,840
Speaker 2: Goodwine dot Co dot Nz. This deal is going to

865
00:41:56,880 --> 00:41:58,879
Speaker 2: go berserk. And here's why. This is a gold medal

866
00:41:58,880 --> 00:42:03,600
Speaker 2: winning Spanish red being cleared at nine dollars ninety nine.

867
00:42:03,680 --> 00:42:05,759
Speaker 2: Yes you heard right, nine dollars ninety nine per bottle.

868
00:42:05,800 --> 00:42:08,440
Speaker 2: Because the deal is so sharp, I can't tell you anything,

869
00:42:08,480 --> 00:42:10,279
Speaker 2: can't tell you the brand name. Got to keep it

870
00:42:10,280 --> 00:42:12,360
Speaker 2: a secret on it tonight. True label is on the

871
00:42:12,400 --> 00:42:14,600
Speaker 2: box and the bottle all is revealed when it arrives

872
00:42:14,600 --> 00:42:17,239
Speaker 2: on your doorstep. The wine is being advertised as the

873
00:42:17,280 --> 00:42:21,239
Speaker 2: Mystery Spanish Temporaannillo twenty twenty three. Now, this is a

874
00:42:21,280 --> 00:42:25,359
Speaker 2: gold medal winning medium bodied, bright, juicy fruit driven red

875
00:42:25,360 --> 00:42:27,399
Speaker 2: from Central Spain, and this is exactly why the world

876
00:42:27,440 --> 00:42:30,160
Speaker 2: fell in love with a Spanish Temporanneo gold medal winning

877
00:42:30,200 --> 00:42:32,880
Speaker 2: Spanish red for nine ninety nine per bottle. If you

878
00:42:32,960 --> 00:42:34,640
Speaker 2: order right now, you're going to pay just one dollar

879
00:42:34,680 --> 00:42:37,040
Speaker 2: per case delivery to your door anywhere in New Zealand.

880
00:42:37,040 --> 00:42:40,040
Speaker 2: Conditions apply. Order online right now at the Goodwine dot

881
00:42:40,080 --> 00:42:42,280
Speaker 2: Co dot m Z or call oh eight hundred double

882
00:42:42,280 --> 00:42:43,279
Speaker 2: six two double six to.

883
00:42:43,280 --> 00:42:46,320
Speaker 3: Two heather Doopers the Alo five nineteen.

884
00:42:46,400 --> 00:42:49,560
Speaker 2: Now, the US government is reportedly putting the full fat

885
00:42:49,600 --> 00:42:51,840
Speaker 2: milk back into the schools. Whole milk fell out of

886
00:42:51,840 --> 00:42:53,919
Speaker 2: favor in the late seventies because there were fears about

887
00:42:53,960 --> 00:42:56,160
Speaker 2: saturated fat and heart disease and stuff like that. But

888
00:42:56,320 --> 00:42:59,280
Speaker 2: RFK loves a bit of the blue top, and according

889
00:42:59,280 --> 00:43:01,040
Speaker 2: to a leaked drama, he's putting it back on the

890
00:43:01,040 --> 00:43:04,440
Speaker 2: menu in the American schools. Karen Zen is an aut

891
00:43:04,600 --> 00:43:07,799
Speaker 2: professor of nutrition and with us. Now, Hey, Karen, hi

892
00:43:07,920 --> 00:43:09,120
Speaker 2: havether good idea.

893
00:43:10,120 --> 00:43:11,560
Speaker 17: Great ideas by time?

894
00:43:12,600 --> 00:43:14,279
Speaker 2: Do you also love the blue top?

895
00:43:15,480 --> 00:43:16,439
Speaker 17: I love the blue top?

896
00:43:16,719 --> 00:43:17,080
Speaker 1: I do.

897
00:43:17,840 --> 00:43:19,880
Speaker 17: I never used to. I was very loyal to the

898
00:43:20,280 --> 00:43:23,600
Speaker 17: light blue and green top, but after reading a lot

899
00:43:23,600 --> 00:43:27,239
Speaker 17: of evidence and some common sense. I'm back on the

900
00:43:27,239 --> 00:43:27,680
Speaker 17: blue top.

901
00:43:27,800 --> 00:43:29,920
Speaker 2: Okay, what is the evidence and common sense told you?

902
00:43:31,320 --> 00:43:34,480
Speaker 17: So you know, there is actually a substantial body of

903
00:43:34,520 --> 00:43:38,480
Speaker 17: evidence to show that full fat milk and full fat

904
00:43:38,560 --> 00:43:42,600
Speaker 17: dairy products actually outperform low fat dairy products when it

905
00:43:42,600 --> 00:43:46,120
Speaker 17: comes to a number of chronic diseases, including lowering risk

906
00:43:46,200 --> 00:43:51,040
Speaker 17: of childhood obesity, cardiovascular disease, and type two diabetes. So

907
00:43:51,160 --> 00:43:54,279
Speaker 17: we think that saturated fat is the problem, but when

908
00:43:54,320 --> 00:43:57,440
Speaker 17: we look at the studies, the dairy with a higher

909
00:43:57,480 --> 00:44:00,560
Speaker 17: fat actually shows either a neutral or even a detective

910
00:44:00,719 --> 00:44:02,840
Speaker 17: effect against some of these chronic diseases.

911
00:44:03,040 --> 00:44:05,279
Speaker 2: So would we all actually be better off getting rid of

912
00:44:05,320 --> 00:44:07,160
Speaker 2: the light blue and the and the green tops and

913
00:44:07,200 --> 00:44:08,080
Speaker 2: drinking the blue top.

914
00:44:09,880 --> 00:44:13,080
Speaker 17: That is part of the conversation for sure. So saturated

915
00:44:13,160 --> 00:44:16,720
Speaker 17: fat is the or has been, the villain, as you said,

916
00:44:17,000 --> 00:44:20,239
Speaker 17: And I think saturated fat in the context of our

917
00:44:20,320 --> 00:44:26,000
Speaker 17: current ultra processed food diet is a real problem. So

918
00:44:26,080 --> 00:44:28,799
Speaker 17: I think if we change and we all go to

919
00:44:28,880 --> 00:44:33,000
Speaker 17: blue top and relax the idea of saturated fat being

920
00:44:33,000 --> 00:44:35,279
Speaker 17: the villain, we also need to make sure that we

921
00:44:35,360 --> 00:44:40,160
Speaker 17: do focus more on eating, sorry, eating whole unprocessed foods

922
00:44:40,160 --> 00:44:40,880
Speaker 17: alongside it.

923
00:44:41,360 --> 00:44:45,120
Speaker 2: Yeah, totally. Now, I have got quite angry at Health

924
00:44:45,160 --> 00:44:48,720
Speaker 2: New Zealand, Karen. I'm not gonna lie like I've probably

925
00:44:48,719 --> 00:44:51,839
Speaker 2: become slightly irrational, but I have got quite angry with

926
00:44:51,880 --> 00:44:54,000
Speaker 2: them about the rules that they want to introduce for

927
00:44:54,040 --> 00:44:56,120
Speaker 2: the hospital cafeterias, and they want the people to go

928
00:44:56,200 --> 00:44:58,359
Speaker 2: there and cut the fat off the meat. You would

929
00:44:58,360 --> 00:44:59,319
Speaker 2: eat the fat, wouldn't you.

930
00:45:00,080 --> 00:45:00,479
Speaker 3: I would?

931
00:45:00,560 --> 00:45:03,920
Speaker 17: And I've actually heard you ranting about this, and it

932
00:45:03,960 --> 00:45:07,759
Speaker 17: is a it's a very very interesting argument. But I

933
00:45:08,080 --> 00:45:12,120
Speaker 17: do believe that natural fat from whole foods that were

934
00:45:12,200 --> 00:45:16,279
Speaker 17: once recently alive is not there to kill us. It

935
00:45:16,320 --> 00:45:19,560
Speaker 17: really isn't. It's the ultra processed foods and the combination

936
00:45:20,080 --> 00:45:23,200
Speaker 17: of the sugar, fat, salt, additives and all those industrial

937
00:45:23,239 --> 00:45:25,960
Speaker 17: things that they packaged together and market to us in

938
00:45:26,080 --> 00:45:29,799
Speaker 17: bright colors and flavors. That's what's killing us. It's not

939
00:45:30,400 --> 00:45:32,680
Speaker 17: the bit of saturated fat from our meat or chicken

940
00:45:32,840 --> 00:45:33,479
Speaker 17: or whole milk.

941
00:45:33,600 --> 00:45:36,320
Speaker 2: Good from you, Karen, Thank you. Karen's an aut professor

942
00:45:36,360 --> 00:45:40,920
Speaker 2: of nutrition. I've heard you ranting about that. That's do

943
00:45:40,960 --> 00:45:43,960
Speaker 2: you know what? If you to anybody else, that's an

944
00:45:43,960 --> 00:45:46,920
Speaker 2: insult to me, such a compliment.

945
00:45:47,960 --> 00:45:51,840
Speaker 1: Digging deeper into the day's headlines, it's Heather, duplicl and

946
00:45:51,960 --> 00:45:55,600
Speaker 1: drive with one New Zealand coverage like no one else

947
00:45:55,800 --> 00:45:56,360
Speaker 1: news talks.

948
00:45:56,360 --> 00:45:58,719
Speaker 2: They'd be Heather. We're just animals, so our bodies know

949
00:45:58,760 --> 00:46:01,160
Speaker 2: how to handle the animal. Fats were not plants, well

950
00:46:01,239 --> 00:46:04,960
Speaker 2: said five twenty five. Now listen, if I'm honest with you,

951
00:46:05,000 --> 00:46:07,279
Speaker 2: The passing of John Barnett on Sunday has actually hit

952
00:46:07,320 --> 00:46:10,400
Speaker 2: our house quite hard over the last three days, because

953
00:46:11,160 --> 00:46:12,960
Speaker 2: you know, at the start, nobody knew anything about what

954
00:46:13,000 --> 00:46:15,000
Speaker 2: had happened, and as the information has come out, we've

955
00:46:15,040 --> 00:46:17,160
Speaker 2: realized that when my husband bumped into him on the

956
00:46:17,200 --> 00:46:20,320
Speaker 2: street on Sunday afternoon, it was literally just before he died,

957
00:46:20,760 --> 00:46:23,440
Speaker 2: like they stopped for a chat. Husband went in one direction,

958
00:46:23,520 --> 00:46:25,400
Speaker 2: Barney went in the other direction, and it wouldn't have

959
00:46:25,440 --> 00:46:27,480
Speaker 2: been another two hundred meters or so beyond that that

960
00:46:27,719 --> 00:46:31,440
Speaker 2: John collapsed. Now, I don't think the full force of

961
00:46:31,480 --> 00:46:33,560
Speaker 2: it actually hit me until I was watching the television

962
00:46:33,560 --> 00:46:36,040
Speaker 2: news about this last night, because you know, you're watching

963
00:46:36,040 --> 00:46:39,640
Speaker 2: somebody alive on TV in the footage, but not alive

964
00:46:39,680 --> 00:46:42,239
Speaker 2: in real life anymore, and What struck me last night

965
00:46:42,320 --> 00:46:44,439
Speaker 2: was that I never realized how big a force John

966
00:46:44,440 --> 00:46:46,799
Speaker 2: Barnett was for us in New Zealand. I knew what

967
00:46:46,840 --> 00:46:48,960
Speaker 2: he'd done, We all know what he's done, Shorty Street,

968
00:46:48,960 --> 00:46:51,040
Speaker 2: whale Rider, all of that. But it wasn't until I

969
00:46:51,080 --> 00:46:53,400
Speaker 2: heard the list rattled off that I realized the scale

970
00:46:53,400 --> 00:46:57,240
Speaker 2: of the impact foot Trot Flats, so On's wedding, whale Rider,

971
00:46:57,440 --> 00:47:00,600
Speaker 2: Shortland Street. Once we're warriors, what becomes of the broken hearted?

972
00:47:00,640 --> 00:47:03,799
Speaker 2: Outrageous fortune apparently commissioning Dave Dobbin and Herbs to make

973
00:47:03,840 --> 00:47:06,759
Speaker 2: slice of heron Heaven, apparently helping to rescue Dawn Ray.

974
00:47:06,960 --> 00:47:08,640
Speaker 2: I mean, how much of what we consider to be

975
00:47:09,440 --> 00:47:12,640
Speaker 2: to be intrinsic parts of our culture, or at least

976
00:47:12,680 --> 00:47:15,560
Speaker 2: reflections of our culture back to us, were created or

977
00:47:15,560 --> 00:47:18,880
Speaker 2: facilitated by John Barnett. It was really easy to forget

978
00:47:18,920 --> 00:47:21,399
Speaker 2: that when you knew John, because he's really easy going

979
00:47:21,440 --> 00:47:23,719
Speaker 2: and really gracious, never reminded you of what a big

980
00:47:23,760 --> 00:47:26,080
Speaker 2: deal he actually was. He was just Barney who you

981
00:47:26,120 --> 00:47:28,560
Speaker 2: bumped into almost every week on the KINDI run, or

982
00:47:28,600 --> 00:47:32,239
Speaker 2: at the weekend, sitting outside disngof or strolling down Ponsonby Road.

983
00:47:32,800 --> 00:47:35,160
Speaker 2: The last time I saw him and sat down and

984
00:47:35,200 --> 00:47:37,719
Speaker 2: probly not saw him, but sat down and properly had

985
00:47:37,719 --> 00:47:39,480
Speaker 2: a chat to him was over dinner at Prago, not

986
00:47:39,560 --> 00:47:42,160
Speaker 2: long ago. And the thing that struck me about him

987
00:47:42,200 --> 00:47:44,040
Speaker 2: was how much into life he still was at the

988
00:47:44,080 --> 00:47:45,960
Speaker 2: age of seventy nine. He still had an eye for

989
00:47:46,000 --> 00:47:48,239
Speaker 2: a good yarn. He was telling us about the story

990
00:47:48,320 --> 00:47:50,000
Speaker 2: he never got around to making, which is of the

991
00:47:50,040 --> 00:47:52,160
Speaker 2: only woman ever to be jailed in London for being

992
00:47:52,160 --> 00:47:54,640
Speaker 2: a hit man. She was a kiwi and his eyes

993
00:47:54,680 --> 00:47:56,800
Speaker 2: lit up and he cracked a big smile telling the story.

994
00:47:56,840 --> 00:48:01,000
Speaker 2: He was still enthusiastic about telling our stories back to us.

995
00:48:01,520 --> 00:48:04,759
Speaker 2: I will miss seeing John on my walks, not nearly

996
00:48:04,800 --> 00:48:06,719
Speaker 2: as much as his family and his wife and his

997
00:48:06,800 --> 00:48:09,319
Speaker 2: dearest friends will miss him. But how lucky were we

998
00:48:09,800 --> 00:48:12,000
Speaker 2: that he spent his life giving us this part of

999
00:48:12,000 --> 00:48:13,440
Speaker 2: New Zealand back to us.

1000
00:48:13,920 --> 00:48:15,400
Speaker 3: Here the duplessye Ellen.

1001
00:48:15,640 --> 00:48:17,440
Speaker 2: Port of Towdunger. So what's happened is they've just put

1002
00:48:17,480 --> 00:48:19,200
Speaker 2: out a press release in the last couple of hours

1003
00:48:19,200 --> 00:48:21,360
Speaker 2: to say that the fast track applications on hold.

1004
00:48:21,360 --> 00:48:21,480
Speaker 1: Now.

1005
00:48:21,480 --> 00:48:23,040
Speaker 2: I don't know if you've been following this, but they

1006
00:48:23,080 --> 00:48:27,000
Speaker 2: have been trying to do the Stellar Passage development, which

1007
00:48:27,040 --> 00:48:28,840
Speaker 2: is the Solfur point in the Mount Mongoneri warves and

1008
00:48:28,880 --> 00:48:30,560
Speaker 2: so on. They've been trying to do that since about

1009
00:48:30,600 --> 00:48:32,799
Speaker 2: twenty thirteen, twenty eighteen, twenty thirteen, it was in the

1010
00:48:32,800 --> 00:48:35,600
Speaker 2: plans twenty eighteen. They started planning for it in twenty

1011
00:48:35,640 --> 00:48:37,640
Speaker 2: twenty five. They still can't do it right, so they

1012
00:48:37,680 --> 00:48:40,440
Speaker 2: get the fast track application. It's supposed to start on

1013
00:48:40,480 --> 00:48:42,960
Speaker 2: the first of September, which is next week. They just

1014
00:48:43,040 --> 00:48:45,600
Speaker 2: went to court with a judicial review upheld because a

1015
00:48:45,640 --> 00:48:47,759
Speaker 2: couple of words were missing in their resource consent, which

1016
00:48:47,800 --> 00:48:50,520
Speaker 2: is ridiculous and mind blowing. But this is where we're

1017
00:48:50,520 --> 00:48:53,080
Speaker 2: at with it. They said, we are turning away shipping

1018
00:48:53,120 --> 00:48:56,040
Speaker 2: lines that want to call at Toadunger. In the last month,

1019
00:48:56,080 --> 00:48:58,200
Speaker 2: the porters had to turn away a proposed new service

1020
00:48:58,239 --> 00:49:01,080
Speaker 2: to the Americas that would have provided New Zealand importers

1021
00:49:01,080 --> 00:49:04,240
Speaker 2: and exporters with an estimated sixty five million to ninety

1022
00:49:04,320 --> 00:49:08,080
Speaker 2: million dollars per year in international freight savings. Anyway, you heard,

1023
00:49:08,160 --> 00:49:09,880
Speaker 2: Nikola Willis they're going to do something about it, and

1024
00:49:09,920 --> 00:49:12,080
Speaker 2: thank god, eighteen next year.

1025
00:49:15,480 --> 00:49:19,560
Speaker 1: The Day's Newsmakers talk to Heather first Heather Duplicy Ellen

1026
00:49:19,640 --> 00:49:22,880
Speaker 1: drive with one New Zealand and the power of satellite

1027
00:49:22,960 --> 00:49:24,480
Speaker 1: mobile Newstalk sent me.

1028
00:49:28,760 --> 00:49:31,040
Speaker 2: It's definitely half the halfway mark and the show I

1029
00:49:31,120 --> 00:49:32,840
Speaker 2: am are still going with the TATO. What did I

1030
00:49:32,920 --> 00:49:36,240
Speaker 2: tell you? Listen, it's been a tough year for Meridian.

1031
00:49:36,360 --> 00:49:38,120
Speaker 2: You've seen that lost post and today we'll have a

1032
00:49:38,160 --> 00:49:40,840
Speaker 2: chat to the CEO after six o'clock. The un reckons

1033
00:49:40,920 --> 00:49:43,560
Speaker 2: twenty five countries now in total have suspended their package

1034
00:49:43,560 --> 00:49:47,920
Speaker 2: deliveries to the US. So it's US, It's Ozzie, It's France, Britain, Germany, Italy,

1035
00:49:48,000 --> 00:49:50,560
Speaker 2: Indiage Pandalist just goes on twenty five of US in total,

1036
00:49:50,640 --> 00:49:52,759
Speaker 2: so you know we're not alone in this twenty four

1037
00:49:52,800 --> 00:49:53,400
Speaker 2: away from.

1038
00:49:53,360 --> 00:49:55,680
Speaker 3: Six, Heather Duplicy Ellen.

1039
00:49:55,800 --> 00:49:59,319
Speaker 2: Now, Auckland Transport has spent an eye watering sixty three

1040
00:49:59,440 --> 00:50:02,000
Speaker 2: million dollar do on traffic management and road cones in

1041
00:50:02,040 --> 00:50:04,040
Speaker 2: the last year. The mayor has slammed the cost, saying

1042
00:50:04,080 --> 00:50:06,719
Speaker 2: it equates to about three percent rates rise across the city.

1043
00:50:07,000 --> 00:50:10,600
Speaker 2: Tracy Burkahan is with Auckland Transport. High Tracy Hi Heather

1044
00:50:10,840 --> 00:50:12,520
Speaker 2: mayor says it's too much, is it?

1045
00:50:14,000 --> 00:50:16,960
Speaker 18: It's it's not too much if you think about it

1046
00:50:17,080 --> 00:50:21,440
Speaker 18: in context. Fundamentally, we agree with the mayor. We agree

1047
00:50:21,520 --> 00:50:24,799
Speaker 18: that there's still more work to do. So sixty three

1048
00:50:24,880 --> 00:50:27,080
Speaker 18: million is a big number, but you have to put

1049
00:50:27,160 --> 00:50:30,600
Speaker 18: that in context of a one point two plus billion

1050
00:50:30,760 --> 00:50:35,680
Speaker 18: dollar infrastructure program, and that equates to roughly five percent.

1051
00:50:35,719 --> 00:50:37,440
Speaker 2: Okay, but hold on, hold a s What is in

1052
00:50:37,520 --> 00:50:40,719
Speaker 2: this infrastructure program is that is that one point two

1053
00:50:40,800 --> 00:50:42,960
Speaker 2: billion dollars just for roading.

1054
00:50:44,000 --> 00:50:47,040
Speaker 18: Not all of Auckland transports capital program last year was

1055
00:50:47,080 --> 00:50:49,080
Speaker 18: around the one point two billion, But.

1056
00:50:49,120 --> 00:50:51,600
Speaker 2: That's what that's What does that include? That's not just

1057
00:50:51,800 --> 00:50:54,120
Speaker 2: roading and cycle ways, So.

1058
00:50:54,560 --> 00:50:57,240
Speaker 18: You've got things that will Obviously the Eastern Buflow project

1059
00:50:57,400 --> 00:51:02,759
Speaker 18: is roading, but it's a public transport, major benefits for

1060
00:51:02,840 --> 00:51:09,680
Speaker 18: the city. So yeah, that what else all sorts of capital, Yeah,

1061
00:51:09,719 --> 00:51:10,799
Speaker 18: foot paths.

1062
00:51:12,440 --> 00:51:16,080
Speaker 2: All of rosy temporary traffic management for foot paths.

1063
00:51:16,760 --> 00:51:20,320
Speaker 18: Yes, sure, So if you've got people concorte trucks pouring concrete,

1064
00:51:20,320 --> 00:51:23,719
Speaker 18: odd foot paths where people need to be diverted to

1065
00:51:23,800 --> 00:51:25,360
Speaker 18: the other side of the road so that they're not

1066
00:51:25,520 --> 00:51:30,160
Speaker 18: walking by heavy machinery, and those sorts of things that

1067
00:51:30,200 --> 00:51:32,000
Speaker 18: will be a much life Some.

1068
00:51:32,120 --> 00:51:34,800
Speaker 2: Of those If you're spending one point two billion dollars

1069
00:51:35,000 --> 00:51:36,920
Speaker 2: in a year, then that means that you're spending one

1070
00:51:36,960 --> 00:51:39,279
Speaker 2: hundred million dollars in a month, which means that you're

1071
00:51:39,320 --> 00:51:42,239
Speaker 2: spending what is that, three million dollars in a day,

1072
00:51:42,360 --> 00:51:44,920
Speaker 2: which means that every hour you're spending about two hundred

1073
00:51:45,160 --> 00:51:47,200
Speaker 2: Every light hour, you're spending about two hundred and fifty

1074
00:51:47,239 --> 00:51:49,440
Speaker 2: thousand dollars. And you're seriously telling me that is how

1075
00:51:49,480 --> 00:51:51,800
Speaker 2: much money you people are spending two hundred and fifty

1076
00:51:51,880 --> 00:51:53,520
Speaker 2: thousand dollars every hour.

1077
00:51:54,840 --> 00:51:58,360
Speaker 18: Yes, we're delivered. We're delivering huge infrastructure benefits to the

1078
00:51:58,840 --> 00:51:59,600
Speaker 18: city every year.

1079
00:52:00,160 --> 00:52:03,200
Speaker 2: I find that amazing to anyway. Okay, now tell me

1080
00:52:03,760 --> 00:52:06,320
Speaker 2: which of the two guidances are you using for the

1081
00:52:06,360 --> 00:52:09,279
Speaker 2: temporary traffic management? Are you using the old one or

1082
00:52:09,360 --> 00:52:11,319
Speaker 2: are you using the new one that the government wants

1083
00:52:11,360 --> 00:52:11,799
Speaker 2: you to use.

1084
00:52:12,600 --> 00:52:15,279
Speaker 18: So we're still transitioning to the new one, but we've

1085
00:52:15,360 --> 00:52:19,160
Speaker 18: embraced the new one. It's an excellent change too.

1086
00:52:19,360 --> 00:52:21,320
Speaker 2: Well, why aren't you just doing it? How hard does that?

1087
00:52:21,480 --> 00:52:23,319
Speaker 2: Just ditch the old ones start using the new one.

1088
00:52:24,200 --> 00:52:26,759
Speaker 18: This is really a once in a generation change for

1089
00:52:26,840 --> 00:52:29,160
Speaker 18: the construction industry in New Zealand.

1090
00:52:29,440 --> 00:52:32,640
Speaker 2: I've explain to me why you can't just get rid

1091
00:52:32,680 --> 00:52:34,920
Speaker 2: of the old guidance and use the new guidance from today.

1092
00:52:36,360 --> 00:52:39,040
Speaker 18: So we're working with all of the suppliers to do that.

1093
00:52:39,440 --> 00:52:42,560
Speaker 18: But we've got contracts that specify the old way of

1094
00:52:42,640 --> 00:52:45,680
Speaker 18: doing things. We're changing those all over to the new

1095
00:52:45,719 --> 00:52:49,680
Speaker 18: way of doing things. And we're supporting the construction company

1096
00:52:49,840 --> 00:52:52,160
Speaker 18: out there who have got obligations under their house and

1097
00:52:52,239 --> 00:52:56,040
Speaker 18: safety at work requirements to keep their people safe and

1098
00:52:56,120 --> 00:52:58,080
Speaker 18: to keep the road users of Akland safe.

1099
00:52:58,160 --> 00:53:02,280
Speaker 2: So when is how much is it going to reduce

1100
00:53:02,360 --> 00:53:04,800
Speaker 2: the cost of temporary traffic management by when we switched

1101
00:53:04,800 --> 00:53:06,000
Speaker 2: to the old one to the new one.

1102
00:53:06,920 --> 00:53:11,560
Speaker 18: So realistically, we've had the cost we've spent on temporary

1103
00:53:11,600 --> 00:53:12,400
Speaker 18: traffic management.

1104
00:53:13,040 --> 00:53:15,640
Speaker 2: I'm asking you how much is it going to reduce

1105
00:53:15,719 --> 00:53:17,719
Speaker 2: it by when we completely switch to the new one.

1106
00:53:18,800 --> 00:53:21,560
Speaker 18: We're not really sure because what the new guide does

1107
00:53:21,800 --> 00:53:24,680
Speaker 18: is it actually looks at each site specifically and says

1108
00:53:24,760 --> 00:53:28,120
Speaker 18: what's the right amount of temporary traffic management for this site.

1109
00:53:28,760 --> 00:53:31,880
Speaker 18: The old one said you must have twenty five cones

1110
00:53:31,960 --> 00:53:35,000
Speaker 18: and they must be one meter apart. So now there's

1111
00:53:35,080 --> 00:53:38,840
Speaker 18: a lot more thought put into a principles based approach

1112
00:53:38,960 --> 00:53:42,600
Speaker 18: to it, and so necessarily you'll have fewer devices out

1113
00:53:42,680 --> 00:53:47,640
Speaker 18: there and lower cost, but very anticipation you may still

1114
00:53:47,680 --> 00:53:48,280
Speaker 18: have the same.

1115
00:53:48,280 --> 00:53:48,640
Speaker 3: Yeah, I know.

1116
00:53:48,680 --> 00:53:50,600
Speaker 2: Do you understand yet? When do you anticipate that we

1117
00:53:50,680 --> 00:53:52,880
Speaker 2: will be completely switched to the new one and the

1118
00:53:52,960 --> 00:53:53,719
Speaker 2: old one is gone?

1119
00:53:54,719 --> 00:53:57,879
Speaker 18: So Auckland Transport is only going to consider the new

1120
00:53:58,200 --> 00:54:01,480
Speaker 18: approach from the first of July twenty twenty six. We

1121
00:54:01,560 --> 00:54:04,320
Speaker 18: won't be looking at the old applications, will only be

1122
00:54:04,400 --> 00:54:05,719
Speaker 18: looking at the new application.

1123
00:54:05,960 --> 00:54:09,160
Speaker 2: And when will all the contracts that contain the old

1124
00:54:09,200 --> 00:54:11,719
Speaker 2: one be out and finished and we're only looking at

1125
00:54:11,760 --> 00:54:13,080
Speaker 2: the new one and the new one is the only

1126
00:54:13,160 --> 00:54:14,040
Speaker 2: one in effect.

1127
00:54:14,960 --> 00:54:17,160
Speaker 18: So the government's put a line in the sand about that.

1128
00:54:17,280 --> 00:54:20,919
Speaker 18: An Auckland Transport supports the Minister. That's by the first

1129
00:54:20,960 --> 00:54:25,360
Speaker 18: of July twenty twenty seven, fully all old contracts transferred across.

1130
00:54:25,560 --> 00:54:27,360
Speaker 2: Oh thank you, Tracy, That's what I was after. I

1131
00:54:27,400 --> 00:54:30,840
Speaker 2: really appreciate it. Tracy Burkhan, manager of Road Corridor Access

1132
00:54:30,960 --> 00:54:34,279
Speaker 2: and Coordination at Auckland Transport. Basically, what that means is

1133
00:54:34,360 --> 00:54:36,520
Speaker 2: you need to get used to paying the six sixty

1134
00:54:36,560 --> 00:54:38,160
Speaker 2: three million dollars or so that we're paying at the

1135
00:54:38,200 --> 00:54:41,520
Speaker 2: moment for the transport traffic management, because we will be

1136
00:54:41,600 --> 00:54:45,160
Speaker 2: paying this much at least until halfway through twenty twenty

1137
00:54:45,280 --> 00:54:47,879
Speaker 2: seven when we switch to the new system. Nineteen away

1138
00:54:47,880 --> 00:54:49,560
Speaker 2: from six the Huddle with.

1139
00:54:49,680 --> 00:54:53,160
Speaker 1: New Zealand Southby's International Realty find your one.

1140
00:54:53,040 --> 00:54:54,920
Speaker 2: Of a gain on the Huddle. This evening we have

1141
00:54:55,080 --> 00:54:58,080
Speaker 2: Liam here, lawyer and political commentator, and Jack Tame, host

1142
00:54:58,120 --> 00:55:00,520
Speaker 2: of Q and A and Saturday Mornings High Lats. Got

1143
00:55:00,719 --> 00:55:03,640
Speaker 2: hit All right, Jack, do you like the supermarket announcement?

1144
00:55:06,640 --> 00:55:06,879
Speaker 12: Yeah?

1145
00:55:07,400 --> 00:55:10,960
Speaker 19: Yeah, look, I look, look, I do think it'll make

1146
00:55:11,000 --> 00:55:12,520
Speaker 19: a difference in the long run, A little bit of

1147
00:55:12,560 --> 00:55:14,279
Speaker 19: a difference, not a massive one. I don't think it's

1148
00:55:14,280 --> 00:55:16,359
Speaker 19: going to fundamentally change the cost of living for any

1149
00:55:16,400 --> 00:55:18,840
Speaker 19: of us anytime soon. I do think we have problems

1150
00:55:18,840 --> 00:55:21,000
Speaker 19: around sub seating. I do think there's an elance of

1151
00:55:21,040 --> 00:55:24,080
Speaker 19: the fast track legislations through useful So yeah, in the

1152
00:55:24,200 --> 00:55:28,880
Speaker 19: in the anals of time, I can see this feasibly

1153
00:55:29,040 --> 00:55:32,120
Speaker 19: having some impact. I don't think it's going to be transformational.

1154
00:55:32,200 --> 00:55:34,319
Speaker 19: I don't think that's what's them promised. I think they

1155
00:55:34,400 --> 00:55:36,920
Speaker 19: still have a couple of tools in their arsenals. They

1156
00:55:36,960 --> 00:55:39,880
Speaker 19: really want to go that far. But yeah, I mean,

1157
00:55:40,000 --> 00:55:42,120
Speaker 19: we're not going to see any massive change anytime soon,

1158
00:55:42,239 --> 00:55:42,759
Speaker 19: that's sure.

1159
00:55:42,920 --> 00:55:43,200
Speaker 2: Liam.

1160
00:55:44,280 --> 00:55:46,520
Speaker 20: Well, it might not be messag change anytime soon. But

1161
00:55:46,640 --> 00:55:48,480
Speaker 20: I do actually think this is the right way to

1162
00:55:48,560 --> 00:55:51,520
Speaker 20: do it. Like, there are multiple ways you can devene.

1163
00:55:51,560 --> 00:55:53,719
Speaker 20: You can be as heavy handed as you like. You

1164
00:55:53,800 --> 00:55:56,560
Speaker 20: can go and stand up your own government owned supermarket

1165
00:55:56,640 --> 00:55:59,080
Speaker 20: that's only open until four in the afternoon that's closed

1166
00:55:59,120 --> 00:56:01,880
Speaker 20: on Sundays, or you can do what you can to

1167
00:56:01,920 --> 00:56:04,360
Speaker 20: get out of the way in terms of stopping developments

1168
00:56:04,360 --> 00:56:07,040
Speaker 20: from happening. And you know, I said, it's the market

1169
00:56:07,120 --> 00:56:10,200
Speaker 20: orient ended approach is to remove those various markets, to

1170
00:56:10,360 --> 00:56:14,279
Speaker 20: let them be the loopholes that catalysm breathe through. Look,

1171
00:56:14,320 --> 00:56:16,640
Speaker 20: I don't think like it does. It won't change things.

1172
00:56:16,640 --> 00:56:20,560
Speaker 20: Overnight announcements don't lower the cost of living, But more

1173
00:56:20,640 --> 00:56:22,560
Speaker 20: competitives can only be a good thing.

1174
00:56:22,800 --> 00:56:24,600
Speaker 2: Yeah, I agree, Jack. I think it's very tempting to

1175
00:56:24,880 --> 00:56:28,080
Speaker 2: aim for something like the structural separation or whatever, you know,

1176
00:56:28,120 --> 00:56:30,640
Speaker 2: the really big stuff, But that would freak the markets

1177
00:56:30,680 --> 00:56:32,960
Speaker 2: and the investors out so badly that you might actually

1178
00:56:33,040 --> 00:56:35,640
Speaker 2: deter investments. So surely the right thing to do is

1179
00:56:35,680 --> 00:56:37,920
Speaker 2: actually just cut as much red tape as you can.

1180
00:56:38,400 --> 00:56:41,040
Speaker 19: Well, that is certainly the nuclear option, right, And I suppose,

1181
00:56:41,040 --> 00:56:43,239
Speaker 19: from the government's perspective, if they have a kind of

1182
00:56:43,280 --> 00:56:46,400
Speaker 19: intermediate step, even if that intermediate step is closer to

1183
00:56:46,560 --> 00:56:50,239
Speaker 19: the you know, perceptions of doing nothing end of the

1184
00:56:50,320 --> 00:56:53,400
Speaker 19: scale than the dramatic change that's breaking up the view

1185
00:56:53,440 --> 00:56:57,560
Speaker 19: offully might affect end of the scale, you know, I,

1186
00:56:58,120 --> 00:57:00,799
Speaker 19: you know, I can understand why they're taking this option.

1187
00:57:00,880 --> 00:57:02,840
Speaker 19: I think that the thing is, if they did go

1188
00:57:02,920 --> 00:57:05,480
Speaker 19: with a nuclear option, I don't think anyone can say

1189
00:57:05,520 --> 00:57:08,960
Speaker 19: with certainty exactly what the results of that decision would.

1190
00:57:08,800 --> 00:57:12,080
Speaker 20: Be, how long it would take exactly.

1191
00:57:12,200 --> 00:57:15,279
Speaker 19: So if there is an intermediate step, I think it's

1192
00:57:15,360 --> 00:57:18,200
Speaker 19: pretty reasonable to consider that the prudent option.

1193
00:57:18,520 --> 00:57:21,320
Speaker 2: Liam, I love the idea of acting the Ministry for women.

1194
00:57:21,400 --> 00:57:25,320
Speaker 20: How about you, Well, if you permit a man's playing

1195
00:57:25,360 --> 00:57:28,200
Speaker 20: to your audience, I am also in favor of this one.

1196
00:57:28,360 --> 00:57:31,840
Speaker 20: I think that if you ax Ministry of Women, the

1197
00:57:32,040 --> 00:57:35,720
Speaker 20: impact on the average New Zealand woman would be zero. Frankly,

1198
00:57:36,440 --> 00:57:39,120
Speaker 20: no one's going to notice. And you know, it's not

1199
00:57:39,160 --> 00:57:41,560
Speaker 20: to say that the ministry woman never does anything that's

1200
00:57:41,600 --> 00:57:44,040
Speaker 20: not worthy or important to do, but it doesn't need

1201
00:57:44,080 --> 00:57:46,080
Speaker 20: to be in its own standalone ministry with its own

1202
00:57:46,200 --> 00:57:49,200
Speaker 20: chief executive, you know, with all the infrastructure that comes

1203
00:57:49,240 --> 00:57:52,840
Speaker 20: with having your own ministry. I mean, we said, most

1204
00:57:52,880 --> 00:57:55,800
Speaker 20: of my business, we have eighteen employees, most of most

1205
00:57:55,920 --> 00:57:57,640
Speaker 20: of them women, and most of the up and comers

1206
00:57:57,640 --> 00:57:59,440
Speaker 20: of the woman. And it's not because of anything the

1207
00:57:59,480 --> 00:58:01,840
Speaker 20: ministry well has done. It's just because of the level

1208
00:58:01,920 --> 00:58:05,760
Speaker 20: playing field like we have now, Talent comes out and

1209
00:58:06,440 --> 00:58:09,400
Speaker 20: and you know it's there's been a narrowing wage gap.

1210
00:58:10,480 --> 00:58:12,720
Speaker 20: That's nothing to do with the Ministry woman. What the

1211
00:58:12,760 --> 00:58:15,880
Speaker 20: Ministry woman has done, I think is it has sort

1212
00:58:15,920 --> 00:58:20,720
Speaker 20: of forced more gender balance on public sector boards and

1213
00:58:21,160 --> 00:58:23,160
Speaker 20: the management level of the public sector.

1214
00:58:23,560 --> 00:58:24,760
Speaker 4: But those are.

1215
00:58:24,840 --> 00:58:27,720
Speaker 20: Pretty even now, they're pretty thrifty fifty. In fact, they

1216
00:58:27,760 --> 00:58:29,560
Speaker 20: probably lean a little bit more on the on the

1217
00:58:29,720 --> 00:58:33,840
Speaker 20: on the hiring women's side of things, and those games

1218
00:58:33,920 --> 00:58:36,840
Speaker 20: don't get a raised from the bureaucracy. Once you say right,

1219
00:58:37,000 --> 00:58:39,040
Speaker 20: job done, you can go home now too.

1220
00:58:39,040 --> 00:58:40,400
Speaker 2: Right, Jack, I want your take on it. We'll get

1221
00:58:40,440 --> 00:58:41,000
Speaker 2: it after the break.

1222
00:58:41,080 --> 00:58:45,640
Speaker 1: Quarter two the huddle with New Zealand Southeby's International Realty

1223
00:58:45,880 --> 00:58:48,200
Speaker 1: the global leader and luxury real estate.

1224
00:58:48,360 --> 00:58:50,520
Speaker 2: Back to the huddle, Jack Tame and Liam here gone?

1225
00:58:50,520 --> 00:58:52,280
Speaker 2: Then Jack, would you scrap the Ministry for Women?

1226
00:58:52,960 --> 00:58:54,680
Speaker 19: I think if you asked a lot of New Zealanders

1227
00:58:54,720 --> 00:58:57,040
Speaker 19: what has the Ministry of Woman achieved at least in

1228
00:58:57,160 --> 00:58:59,800
Speaker 19: recent years, most people would be scratching the head. That's

1229
00:58:59,840 --> 00:59:02,440
Speaker 19: not so they haven't achieved anything. But I just I

1230
00:59:02,480 --> 00:59:04,240
Speaker 19: don't think many people would be able to point to

1231
00:59:04,600 --> 00:59:08,440
Speaker 19: really significant tangible outcomes. Yeah, when it comes to when

1232
00:59:08,480 --> 00:59:11,880
Speaker 19: it comes to the public sector, board representation and CEOs,

1233
00:59:12,200 --> 00:59:14,840
Speaker 19: I don't see why we would need a ministry in

1234
00:59:15,040 --> 00:59:17,480
Speaker 19: order to advocate for some sort of.

1235
00:59:19,040 --> 00:59:19,320
Speaker 3: Story.

1236
00:59:19,960 --> 00:59:21,480
Speaker 2: I'm going to stick us up. This is an easy

1237
00:59:21,520 --> 00:59:23,120
Speaker 2: one because we will hate the Ministry for Women they

1238
00:59:23,160 --> 00:59:28,040
Speaker 2: do nothing. What about the Ministry for Pacific People's Jack, Well.

1239
00:59:27,920 --> 00:59:29,960
Speaker 19: I think there's I think there's a reasonable argument to

1240
00:59:30,040 --> 00:59:32,640
Speaker 19: be made for at the very least some sort of

1241
00:59:32,680 --> 00:59:37,840
Speaker 19: consolidation across the demographic ministries. Now, maybe maybe people will

1242
00:59:37,840 --> 00:59:39,520
Speaker 19: say we need to go one step further and scrap them.

1243
00:59:39,560 --> 00:59:43,600
Speaker 19: Are But if in principle you agree that these ministries

1244
00:59:43,640 --> 00:59:47,000
Speaker 19: have been doing some good work over time, and that

1245
00:59:47,280 --> 00:59:50,120
Speaker 19: maybe we don't understand everything that they've achieved, because we're

1246
00:59:50,160 --> 00:59:52,560
Speaker 19: not following all of their outcomes with a fine tooth cone.

1247
00:59:53,000 --> 00:59:55,000
Speaker 19: Maybe you would say that a way that was a

1248
00:59:55,040 --> 00:59:58,440
Speaker 19: little more fiscally prudent that still kind of ensured the

1249
00:59:58,600 --> 01:00:02,560
Speaker 19: core functionality of some of these ministries would be to consolidate.

1250
01:00:02,600 --> 01:00:04,880
Speaker 19: And then it sounds to me like that's what the commissions.

1251
01:00:04,880 --> 01:00:06,720
Speaker 2: Well, Jack, with that sentence, you should go work in

1252
01:00:06,800 --> 01:00:07,560
Speaker 2: the public service.

1253
01:00:11,880 --> 01:00:13,760
Speaker 19: I'll take all my learning from the show here.

1254
01:00:15,240 --> 01:00:17,640
Speaker 2: Shut up. I did not write that promo and they

1255
01:00:17,720 --> 01:00:20,360
Speaker 2: made me say that out loud on here Hay was

1256
01:00:20,480 --> 01:00:23,080
Speaker 2: Liam was the prime minister. Now it's not even the

1257
01:00:23,120 --> 01:00:25,720
Speaker 2: Prime minister was cringey, wasn't he when he invited Taita

1258
01:00:25,840 --> 01:00:26,640
Speaker 2: and trav to come here?

1259
01:00:28,680 --> 01:00:31,240
Speaker 20: Yeah, I just think it's kind of beneath that the

1260
01:00:31,280 --> 01:00:33,439
Speaker 20: office of the Prome Minister to do that. But also

1261
01:00:34,160 --> 01:00:37,040
Speaker 20: do this, Liam know, in fairness, I also felt the

1262
01:00:37,360 --> 01:00:39,240
Speaker 20: same way about a little of that John Key did,

1263
01:00:39,920 --> 01:00:42,240
Speaker 20: sorry and he was he was a great one. So

1264
01:00:42,360 --> 01:00:44,680
Speaker 20: I think you know, if John if John Key has

1265
01:00:44,720 --> 01:00:47,000
Speaker 20: because of election's heroes, and I guess it kind of

1266
01:00:47,040 --> 01:00:49,520
Speaker 20: makes sense that he's doing it, it will never be

1267
01:00:49,600 --> 01:00:52,439
Speaker 20: as cringe as Johnky going on, David Lenniman, I don't

1268
01:00:52,480 --> 01:00:56,400
Speaker 20: have to say, but it's you know, like it's it's

1269
01:00:56,440 --> 01:00:58,680
Speaker 20: not good for the self esteem of the country for

1270
01:00:58,760 --> 01:01:01,680
Speaker 20: the Prime Minister to say that be ignored, you know,

1271
01:01:02,000 --> 01:01:04,600
Speaker 20: like it makes us look quite desperate, I think, But

1272
01:01:04,960 --> 01:01:07,320
Speaker 20: you know whatever, it's just me. Maybe other people aren't

1273
01:01:07,320 --> 01:01:07,960
Speaker 20: so curmudgeonally.

1274
01:01:08,240 --> 01:01:10,880
Speaker 19: Maybe you doubt it. I just know that I'm going

1275
01:01:10,920 --> 01:01:12,880
Speaker 19: to have Wayne Brown on the phone to me immediately

1276
01:01:12,960 --> 01:01:15,400
Speaker 19: after this if I don't use this as an opportunity

1277
01:01:15,520 --> 01:01:18,480
Speaker 19: to challenge the Prime Minister on a bid night text,

1278
01:01:18,600 --> 01:01:20,960
Speaker 19: which of course Wayne Brown would say would be absolutely

1279
01:01:21,040 --> 01:01:23,720
Speaker 19: necessary if we ever want to have tablets worth performing

1280
01:01:23,800 --> 01:01:24,560
Speaker 19: in our biggest city.

1281
01:01:24,680 --> 01:01:25,160
Speaker 3: So there you go.

1282
01:01:25,320 --> 01:01:27,720
Speaker 19: Maybe maybe if the Prime Minister really wants to see

1283
01:01:27,760 --> 01:01:31,000
Speaker 19: Kata and Travis here, you need to make a policy change.

1284
01:01:31,360 --> 01:01:33,919
Speaker 2: I like that you shoehorned it in there for your mate, Wayne,

1285
01:01:34,000 --> 01:01:36,640
Speaker 2: but at least you did you did declare your conflict there,

1286
01:01:36,680 --> 01:01:37,360
Speaker 2: so I appreciate it.

1287
01:01:37,440 --> 01:01:37,640
Speaker 19: Jack.

1288
01:01:37,680 --> 01:01:39,000
Speaker 2: Do you go full fat or skinny?

1289
01:01:39,960 --> 01:01:44,600
Speaker 19: Full fat and and full sugars food? Well, my Athos's

1290
01:01:44,640 --> 01:01:46,840
Speaker 19: food is like you don't get something for nothing.

1291
01:01:47,400 --> 01:01:49,880
Speaker 2: When you say full sugar, you mean like I see

1292
01:01:49,920 --> 01:01:53,240
Speaker 2: what you mean. You don't go there, Yeah, take sugar stuff.

1293
01:01:53,440 --> 01:01:54,960
Speaker 19: Yeah yeah, you don't want to be having any of

1294
01:01:54,960 --> 01:01:57,880
Speaker 19: the high fruit toose monter or any of that stuff. No, no, no,

1295
01:01:58,000 --> 01:01:59,479
Speaker 19: but absolutely full fat, one dred.

1296
01:01:59,360 --> 01:02:00,680
Speaker 2: Percent with Liam.

1297
01:02:01,560 --> 01:02:03,680
Speaker 20: Yeah, I'm of the same mind, you know, like it's

1298
01:02:04,040 --> 01:02:07,360
Speaker 20: if you're going to indulge, indulge, you know, like it's no.

1299
01:02:07,440 --> 01:02:09,560
Speaker 2: It's good for Liam, it's good for you. Your body

1300
01:02:09,640 --> 01:02:10,280
Speaker 2: needs the fat.

1301
01:02:11,120 --> 01:02:12,720
Speaker 20: Yeah, Okay, well there we go it Now I feel

1302
01:02:12,760 --> 01:02:15,680
Speaker 20: even better about it, right, you know, like so there

1303
01:02:15,680 --> 01:02:17,680
Speaker 20: we go, there's no downside. Then it tastes better and

1304
01:02:17,800 --> 01:02:18,480
Speaker 20: it is better for you.

1305
01:02:18,640 --> 01:02:21,160
Speaker 2: But didn't you always know this, though, Liam, when they

1306
01:02:21,200 --> 01:02:23,120
Speaker 2: were telling you to drink the green stuff, you always

1307
01:02:23,160 --> 01:02:24,800
Speaker 2: knew it was just water downfall fat.

1308
01:02:25,600 --> 01:02:25,800
Speaker 3: Yeah.

1309
01:02:25,880 --> 01:02:28,160
Speaker 20: Yeah, you know. And I'm a farm kid and so

1310
01:02:29,240 --> 01:02:30,880
Speaker 20: you know, like I said, it was always to me,

1311
01:02:31,040 --> 01:02:33,800
Speaker 20: it was always, you know, the less process, the better.

1312
01:02:33,920 --> 01:02:37,080
Speaker 20: But yeah, that's the thing is even if whether it's

1313
01:02:37,120 --> 01:02:39,200
Speaker 20: good for you or not is irrelevant to me. It's

1314
01:02:39,200 --> 01:02:41,800
Speaker 20: such a marginal thing that you know, if you're going

1315
01:02:41,880 --> 01:02:45,400
Speaker 20: to do something, do it, do it equipment?

1316
01:02:46,360 --> 01:02:47,280
Speaker 2: Can we agree though?

1317
01:02:47,360 --> 01:02:47,520
Speaker 3: Jack?

1318
01:02:47,800 --> 01:02:50,800
Speaker 2: Because like people hate on the Trump administration so much

1319
01:02:51,080 --> 01:02:52,720
Speaker 2: that if there is one good thing that they are

1320
01:02:52,800 --> 01:02:55,400
Speaker 2: doing is that they're actually restoring some common sense to

1321
01:02:55,480 --> 01:02:56,200
Speaker 2: the way that we eat.

1322
01:02:57,480 --> 01:03:01,640
Speaker 19: Yeah. I think there's a lot of for or Bobby

1323
01:03:01,680 --> 01:03:04,200
Speaker 19: Kennedy and some of some of his policies. I mean,

1324
01:03:04,240 --> 01:03:05,640
Speaker 19: some of the stuff that he's eaten over the years

1325
01:03:05,720 --> 01:03:08,000
Speaker 19: is a little bit weird. But yeah, I think when

1326
01:03:08,040 --> 01:03:10,920
Speaker 19: it comes to having less processed food, that can only

1327
01:03:11,000 --> 01:03:12,360
Speaker 19: be a good thing, especially when you look at some

1328
01:03:12,360 --> 01:03:14,000
Speaker 19: of the health outcomes in the US and the life

1329
01:03:14,040 --> 01:03:17,160
Speaker 19: expecancy can be even a couple of decades ago. Yeah, absolutely,

1330
01:03:17,440 --> 01:03:20,720
Speaker 19: I think, yeah, I absolutely support some of those notes.

1331
01:03:20,800 --> 01:03:22,760
Speaker 2: Brilliant stuff. Guys, You go and have a lovely evening.

1332
01:03:22,840 --> 01:03:24,520
Speaker 2: The pair of you, Jack, Tame and Liam here are

1333
01:03:24,600 --> 01:03:26,120
Speaker 2: huddle this evening light away from six.

1334
01:03:27,160 --> 01:03:30,400
Speaker 1: It's the Heather Duple c Allen Drive Full Show podcast

1335
01:03:30,520 --> 01:03:35,439
Speaker 1: on my hard Radio powered by News Talk z Behither.

1336
01:03:35,520 --> 01:03:38,240
Speaker 2: The woman from at was symbolic of everything that's wrong

1337
01:03:38,280 --> 01:03:41,360
Speaker 2: with New Zealand, especially local government inefficiency and low products

1338
01:03:41,720 --> 01:03:47,720
Speaker 2: to low productivity. Any half decent privately run business could

1339
01:03:47,800 --> 01:03:52,479
Speaker 2: implement those traffic management changes within a week. Int that true?

1340
01:03:52,920 --> 01:03:53,240
Speaker 3: Isn't that?

1341
01:03:53,360 --> 01:03:57,000
Speaker 2: The absolute truth. Why, I mean, because somebody else has said, oh,

1342
01:03:57,240 --> 01:03:59,760
Speaker 2: just another department thumbing their nose of the government. How

1343
01:03:59,760 --> 01:04:01,240
Speaker 2: long does it take to switch completely?

1344
01:04:01,480 --> 01:04:01,600
Speaker 16: All?

1345
01:04:01,680 --> 01:04:03,400
Speaker 2: It takes as long as the government gives you. Because

1346
01:04:03,400 --> 01:04:05,520
Speaker 2: she was like, well, the government's government said we've got

1347
01:04:05,600 --> 01:04:08,760
Speaker 2: until midway through twenty twenty seven, and basically that's how

1348
01:04:08,800 --> 01:04:11,200
Speaker 2: long we're gonna take. So if the government goes this

1349
01:04:11,320 --> 01:04:13,120
Speaker 2: is our very last day, they will run into the

1350
01:04:13,200 --> 01:04:15,280
Speaker 2: last day by the looks of things. I don't quite

1351
01:04:15,360 --> 01:04:17,840
Speaker 2: know why anyway, some of it's contractual, to be fair

1352
01:04:17,880 --> 01:04:20,640
Speaker 2: to them, but actually this brings me But put that aside,

1353
01:04:20,640 --> 01:04:23,120
Speaker 2: this brings me to my absolute favorite story of the day.

1354
01:04:23,160 --> 01:04:26,240
Speaker 2: And I'm fully, fully happy to acknowledge to you that

1355
01:04:26,320 --> 01:04:29,520
Speaker 2: this is the level of my immaturity. But my absolute

1356
01:04:29,560 --> 01:04:32,320
Speaker 2: favorite story of the day is that at is struggling

1357
01:04:32,360 --> 01:04:34,120
Speaker 2: to crack down on people they want to crack down on.

1358
01:04:34,400 --> 01:04:37,240
Speaker 2: So what's going on in Auckland is around Point chev

1359
01:04:37,280 --> 01:04:39,560
Speaker 2: which is there on the other side of Herne Bay

1360
01:04:39,680 --> 01:04:44,240
Speaker 2: and Graylyn and stuff. They've spent a fortune Auckland Transport

1361
01:04:44,360 --> 01:04:47,440
Speaker 2: on redoing the Yola Road and it's just driven everybody nuts, right,

1362
01:04:47,680 --> 01:04:50,520
Speaker 2: and jeez, did they cock it up, Like you could

1363
01:04:50,560 --> 01:04:52,200
Speaker 2: not believe how badly they cocked the thing up, but

1364
01:04:52,280 --> 01:04:54,720
Speaker 2: they did. They manage to anyway, finally they've got the

1365
01:04:54,800 --> 01:04:57,360
Speaker 2: road done. We've got this lush cycle away and it's

1366
01:04:57,360 --> 01:04:59,360
Speaker 2: one of those really flash ones where you've got you know,

1367
01:04:59,720 --> 01:05:01,320
Speaker 2: you got the two you've got the cars on the

1368
01:05:01,320 --> 01:05:03,080
Speaker 2: middle of the road, and then either side there's a

1369
01:05:03,080 --> 01:05:06,240
Speaker 2: little island, you know, a little dividing, little kirby thing,

1370
01:05:06,520 --> 01:05:08,760
Speaker 2: and then you've got the cycle away on the outside,

1371
01:05:08,840 --> 01:05:11,320
Speaker 2: really fully protected, and then you've got the verges on. Anyway,

1372
01:05:11,520 --> 01:05:16,200
Speaker 2: what's been going on is the cars have been driving

1373
01:05:16,320 --> 01:05:19,040
Speaker 2: down the cycle way. That's how big the cycle weigh is.

1374
01:05:19,400 --> 01:05:21,880
Speaker 2: The cars have been driving down the cycle way and

1375
01:05:21,960 --> 01:05:24,600
Speaker 2: then pulling up and parking on the verge. And it's

1376
01:05:24,680 --> 01:05:27,960
Speaker 2: driving Auckland Transport nuts because Auckland Transport, if they see

1377
01:05:28,000 --> 01:05:29,920
Speaker 2: that you're not parked in a place that's designated a

1378
01:05:30,000 --> 01:05:32,840
Speaker 2: car park, boy are they out there where they're little tickets.

1379
01:05:33,160 --> 01:05:34,800
Speaker 2: They came out with their little tickets and they started

1380
01:05:34,840 --> 01:05:37,480
Speaker 2: ticketing to people. They cannot enforce the tickets, and they

1381
01:05:37,600 --> 01:05:40,880
Speaker 2: can't enforce the tickets because they don't own the verge.

1382
01:05:42,000 --> 01:05:45,000
Speaker 2: Motat owns the verge, doesn't it, So that's Motat's land,

1383
01:05:45,160 --> 01:05:47,880
Speaker 2: so now you can't. Oh jeez, I love it. I

1384
01:05:48,000 --> 01:05:50,400
Speaker 2: loved it so much. It is so mature of me.

1385
01:05:50,640 --> 01:05:53,800
Speaker 2: But I thought, good on you motorists getting some free

1386
01:05:53,880 --> 01:05:56,960
Speaker 2: parking for yourself in a city that is extremely expensive

1387
01:05:57,000 --> 01:05:59,320
Speaker 2: in the cost of living crisis. But also you're teaching

1388
01:05:59,360 --> 01:06:01,200
Speaker 2: at less. Do you know what happened the other day?

1389
01:06:01,240 --> 01:06:04,320
Speaker 2: My brother was outside my house. They're doing the garden

1390
01:06:04,400 --> 01:06:06,280
Speaker 2: for me. It looks amazing by the way they did

1391
01:06:06,320 --> 01:06:09,680
Speaker 2: the garden for me and his business partner, Holly pulled

1392
01:06:09,720 --> 01:06:12,600
Speaker 2: her car in and it's a legit car park and

1393
01:06:12,680 --> 01:06:14,840
Speaker 2: Auckland Transport guys with the weedy guy came by and

1394
01:06:15,000 --> 01:06:17,000
Speaker 2: was like it started writing her a ticket. She's like,

1395
01:06:17,080 --> 01:06:18,960
Speaker 2: you can't write me a ticket? How long have I

1396
01:06:19,040 --> 01:06:20,720
Speaker 2: got to be here? And he's like ten hours and

1397
01:06:20,800 --> 01:06:22,919
Speaker 2: she's like, I literally pulled in there ten minutes ago.

1398
01:06:23,360 --> 01:06:26,760
Speaker 2: He's like, ah, he was trying. He was trying his luck.

1399
01:06:27,240 --> 01:06:28,960
Speaker 2: Then he tried to write my brother a ticket as well,

1400
01:06:29,000 --> 01:06:30,600
Speaker 2: but he was like, bro, that's my car now, so

1401
01:06:30,680 --> 01:06:33,280
Speaker 2: anyway for that route, I just hate eighty, Like don't

1402
01:06:33,280 --> 01:06:36,120
Speaker 2: you just irrationally hate them. So anything that kind of

1403
01:06:36,160 --> 01:06:39,600
Speaker 2: gives them the old bird, I'm like, oh, go for it, guys, brilliant.

1404
01:06:39,800 --> 01:06:43,200
Speaker 2: So for you motorists on me Ola Road, absolute a

1405
01:06:43,480 --> 01:06:46,240
Speaker 2: zax today, thank you for cheering me up a great deal. Okay,

1406
01:06:46,280 --> 01:06:49,080
Speaker 2: if Meridian CEO is with us next on their loss

1407
01:06:49,160 --> 01:06:51,080
Speaker 2: and also we'll talk about the gas problems that's going

1408
01:06:51,120 --> 01:06:52,720
Speaker 2: on in this country. News talks have beep.

1409
01:06:56,320 --> 01:07:01,400
Speaker 1: We're Business meets Insight, the Business out with Heather Duplic

1410
01:07:01,520 --> 01:07:03,120
Speaker 1: Ellen and Mays.

1411
01:07:03,160 --> 01:07:06,080
Speaker 3: For Trust at Home Insurance Solutions. News talks v.

1412
01:07:07,880 --> 01:07:09,880
Speaker 2: Even in coming up in the next hour Milfed Asset

1413
01:07:09,960 --> 01:07:12,600
Speaker 2: Management will talk us through Trump firing the Reserve, the

1414
01:07:12,640 --> 01:07:16,200
Speaker 2: Fed Reserve board member Jene tip cheriny On Neil quickly

1415
01:07:16,280 --> 01:07:18,439
Speaker 2: trying to hide the evidence of the Adrian All meeting,

1416
01:07:18,520 --> 01:07:20,400
Speaker 2: and Gavin Grays with us out of the UK. It's

1417
01:07:20,440 --> 01:07:24,240
Speaker 2: seven past six now. Meridian Energy has suffered from a

1418
01:07:24,320 --> 01:07:26,320
Speaker 2: drought and then suffered from a wind and is now

1419
01:07:26,400 --> 01:07:30,280
Speaker 2: suffering from no profit. The company reported a brutal full

1420
01:07:30,360 --> 01:07:32,360
Speaker 2: year result, posting a net loss of four hundred and

1421
01:07:32,400 --> 01:07:35,040
Speaker 2: fifty million dollars. Remember last year was a net profit

1422
01:07:35,080 --> 01:07:37,479
Speaker 2: of four hundred and thirty million dollars, so lack of wind,

1423
01:07:37,560 --> 01:07:40,280
Speaker 2: low energy yields from hydro all been blamed, but shareholders

1424
01:07:40,280 --> 01:07:43,040
Speaker 2: will still get a dividend of almost twenty one cents

1425
01:07:43,040 --> 01:07:46,760
Speaker 2: a share full year dividend. Mike Rohan is Meridian CEO

1426
01:07:46,840 --> 01:07:47,920
Speaker 2: and with us high Mike.

1427
01:07:48,120 --> 01:07:48,960
Speaker 9: Hey, Heather, how are you doing?

1428
01:07:49,040 --> 01:07:51,160
Speaker 2: Yeah, I'm very well. That looks like a pretty stressful year,

1429
01:07:51,320 --> 01:07:51,440
Speaker 2: was it?

1430
01:07:52,800 --> 01:07:52,880
Speaker 3: Oh?

1431
01:07:52,960 --> 01:07:53,439
Speaker 14: It was tough.

1432
01:07:55,000 --> 01:07:57,440
Speaker 9: You know, the events like we just saw play out

1433
01:07:57,480 --> 01:08:00,120
Speaker 9: don't come around that often. Fortunately, feels a bit like

1434
01:08:00,200 --> 01:08:04,320
Speaker 9: we wear that the perfect storm. But you know, if

1435
01:08:04,360 --> 01:08:09,200
Speaker 9: I walk away from the year with anything, you go.

1436
01:08:09,920 --> 01:08:13,320
Speaker 9: We took a hit, no question about that. But we

1437
01:08:13,880 --> 01:08:16,960
Speaker 9: kept the lights on so Altrusy flowed to people and

1438
01:08:17,080 --> 01:08:20,120
Speaker 9: we managed to shield our customers from the high prices

1439
01:08:20,160 --> 01:08:23,960
Speaker 9: that played out in wholesale market. So you know, we

1440
01:08:24,120 --> 01:08:28,160
Speaker 9: took the brunt of the financial issues. And you know,

1441
01:08:28,280 --> 01:08:31,559
Speaker 9: reality is droughts are inevitable in the country, so every

1442
01:08:31,600 --> 01:08:33,320
Speaker 9: now and then we're going to face a tough year.

1443
01:08:33,840 --> 01:08:35,800
Speaker 2: How much higher than normal was the three hundred million

1444
01:08:35,840 --> 01:08:37,400
Speaker 2: dollars that you spent on price hedges?

1445
01:08:39,920 --> 01:08:41,519
Speaker 18: A lot magnitude of.

1446
01:08:43,080 --> 01:08:47,000
Speaker 9: At least ten is what we tend to do is

1447
01:08:47,120 --> 01:08:51,000
Speaker 9: will buy hedges as insurance products, so you pay the

1448
01:08:51,120 --> 01:08:55,280
Speaker 9: insurance premium typically and that might be in the order of,

1449
01:08:55,439 --> 01:08:59,200
Speaker 9: you know, twenty to thirty million. It's when you exercise them.

1450
01:08:59,240 --> 01:09:02,519
Speaker 9: So when you go through drought like we did, that

1451
01:09:02,600 --> 01:09:05,000
Speaker 9: you exercise them and that's where you bear you know,

1452
01:09:05,200 --> 01:09:08,720
Speaker 9: really high costs. And of course this last year, a

1453
01:09:08,800 --> 01:09:10,680
Speaker 9: couple of the insurance products that we took out were

1454
01:09:10,720 --> 01:09:13,080
Speaker 9: suspended so they didn't work. So we had to buy

1455
01:09:13,200 --> 01:09:15,639
Speaker 9: insurance at the time we were going through the drought,

1456
01:09:15,720 --> 01:09:18,800
Speaker 9: which is that costs a lot of money. Yeah, and

1457
01:09:20,080 --> 01:09:22,439
Speaker 9: you know, the it was, as I say, it was

1458
01:09:22,479 --> 01:09:25,720
Speaker 9: kind of one of those years where we had well

1459
01:09:25,760 --> 01:09:30,360
Speaker 9: two droughts and we lost the gas sector as a

1460
01:09:30,439 --> 01:09:34,800
Speaker 9: fuel for the electricity sector. So you know, thankfully that

1461
01:09:34,960 --> 01:09:36,519
Speaker 9: sort of stuff doesn't happen that often.

1462
01:09:37,200 --> 01:09:39,479
Speaker 2: Right now, on the gas thing, what do we do

1463
01:09:39,560 --> 01:09:42,639
Speaker 2: about this? How do we fix the situation? If at all?

1464
01:09:44,600 --> 01:09:45,120
Speaker 4: It's tough?

1465
01:09:46,880 --> 01:09:50,360
Speaker 9: I don't know if I have an answer. The what

1466
01:09:50,640 --> 01:09:53,920
Speaker 9: we are trying to do is we're trying to as

1467
01:09:54,000 --> 01:09:59,200
Speaker 9: an electricity sector move away from gas as quickly as

1468
01:09:59,240 --> 01:10:02,240
Speaker 9: we can. So you know, the Strategic Energy Reserve the

1469
01:10:02,280 --> 01:10:06,599
Speaker 9: agreement that we wrote with Genesis to improve the capacity

1470
01:10:06,600 --> 01:10:09,760
Speaker 9: at the Humpty power station basically was that was the

1471
01:10:10,040 --> 01:10:13,320
Speaker 9: electricity sector stepping away from gas, you know, as a

1472
01:10:13,400 --> 01:10:18,479
Speaker 9: transition fuel and hopefully free some gas for you know,

1473
01:10:18,600 --> 01:10:22,240
Speaker 9: direct gas customers. But ultimately, unless the gas set to

1474
01:10:22,320 --> 01:10:28,080
Speaker 9: can find some more gas, which looks increasingly unlikely, you know,

1475
01:10:28,120 --> 01:10:30,280
Speaker 9: they're going to have to step away from gas as well.

1476
01:10:30,439 --> 01:10:33,439
Speaker 2: So, Mike, so you guys have faced the reality of

1477
01:10:33,680 --> 01:10:35,720
Speaker 2: a declining gas situation. Do the rest of us need

1478
01:10:35,760 --> 01:10:37,320
Speaker 2: to do that as well? I mean, if you if

1479
01:10:37,400 --> 01:10:39,439
Speaker 2: you were a business using gas, do you need to

1480
01:10:39,479 --> 01:10:42,400
Speaker 2: switch to something else like biomass or electricity. If you're

1481
01:10:42,439 --> 01:10:44,800
Speaker 2: a homeowner who is still using gas, do you need

1482
01:10:44,840 --> 01:10:45,519
Speaker 2: to do the same thing.

1483
01:10:47,439 --> 01:10:49,560
Speaker 9: I think as a business you should be looking at it.

1484
01:10:50,040 --> 01:10:52,320
Speaker 9: As you know, it's not a choice for everyone. So

1485
01:10:52,479 --> 01:10:55,840
Speaker 9: not everybody can step to bio mass or electricity, as

1486
01:10:55,920 --> 01:10:58,519
Speaker 9: you say, heither, but for those that can, they should

1487
01:10:58,560 --> 01:11:00,760
Speaker 9: be looking at the economics and the speed at which

1488
01:11:01,479 --> 01:11:03,559
Speaker 9: they can move away from I.

1489
01:11:03,560 --> 01:11:06,960
Speaker 2: Mean, don't sit around waiting for more gas. A no,

1490
01:11:07,560 --> 01:11:09,120
Speaker 2: what about residential customers?

1491
01:11:12,280 --> 01:11:15,960
Speaker 9: So I think residential customers got a little longer of course,

1492
01:11:16,000 --> 01:11:20,280
Speaker 9: this all comes back to economics. And you know, while

1493
01:11:20,320 --> 01:11:23,240
Speaker 9: we've seen electricity prices rise, they are largely driven by

1494
01:11:23,280 --> 01:11:28,080
Speaker 9: the transmission distribution price increases. Gas prices have lifted far

1495
01:11:28,280 --> 01:11:31,920
Speaker 9: quicker and faster, recognizing gas is fast gear so than

1496
01:11:31,960 --> 01:11:36,960
Speaker 9: we imagined. So I think residential residential customers will start

1497
01:11:37,040 --> 01:11:40,200
Speaker 9: to see the economic impact of staying with gas, and

1498
01:11:40,240 --> 01:11:42,799
Speaker 9: that'll motivate people to move.

1499
01:11:42,680 --> 01:11:43,320
Speaker 6: All their applies.

1500
01:11:43,720 --> 01:11:44,960
Speaker 2: When do we start noticing it?

1501
01:11:46,760 --> 01:11:50,200
Speaker 9: I would say this winter. If my gas bill is

1502
01:11:50,240 --> 01:11:52,640
Speaker 9: anything to go by, is it's a lot higher this

1503
01:11:52,760 --> 01:11:53,200
Speaker 9: year than it.

1504
01:11:53,320 --> 01:11:53,920
Speaker 20: Was last year.

1505
01:11:54,080 --> 01:11:57,040
Speaker 2: So okay, Now, does the government just need to come

1506
01:11:57,080 --> 01:11:58,840
Speaker 2: out and say this, I mean, they're dicking around with

1507
01:11:58,880 --> 01:12:03,200
Speaker 2: all this, you know, like giving us the impression, certainly

1508
01:12:03,320 --> 01:12:05,200
Speaker 2: Shane Jones, is that there may be some sort of

1509
01:12:05,240 --> 01:12:06,960
Speaker 2: a gas solution. Do they simply need to come out

1510
01:12:07,000 --> 01:12:09,760
Speaker 2: and say, guys, parties over switch to something else.

1511
01:12:11,280 --> 01:12:14,400
Speaker 9: Uh, you know, it's possible they know more than I do.

1512
01:12:14,520 --> 01:12:17,240
Speaker 9: You know, we renewable energy business, so we don't. You know,

1513
01:12:17,320 --> 01:12:21,479
Speaker 9: we don't see directly into the gas sectors as they might,

1514
01:12:22,520 --> 01:12:26,360
Speaker 9: but you know, from everything that we can see from

1515
01:12:26,400 --> 01:12:32,320
Speaker 9: the outside, it doesn't look promising that gas has a

1516
01:12:32,439 --> 01:12:36,360
Speaker 9: major role to play for the country. So I hope

1517
01:12:36,400 --> 01:12:36,720
Speaker 9: I'm wrong.

1518
01:12:37,280 --> 01:12:39,960
Speaker 2: I don't think you are, though, but hope, well hope.

1519
01:12:40,240 --> 01:12:41,959
Speaker 9: You know, as they say, hope, it's not a strategy

1520
01:12:42,080 --> 01:12:46,280
Speaker 9: and the you know, you've got to look at the

1521
01:12:46,960 --> 01:12:49,840
Speaker 9: cost that you're facing and whether you can actually get

1522
01:12:49,960 --> 01:12:53,639
Speaker 9: access to you know, gas, and we've decided as a sector,

1523
01:12:53,760 --> 01:12:59,240
Speaker 9: but that's increasingly unlikely for electricity users and it's impacting

1524
01:12:59,280 --> 01:13:01,360
Speaker 9: the cost of our and so we've got to move

1525
01:13:01,400 --> 01:13:04,600
Speaker 9: to other fuels and ultimately we've got to invest in

1526
01:13:04,760 --> 01:13:09,240
Speaker 9: more renewable assets to move off gas entirely, reduce the

1527
01:13:09,280 --> 01:13:11,400
Speaker 9: amount of coal we're using the system, and actually drop

1528
01:13:11,520 --> 01:13:15,400
Speaker 9: the cost of electricity for people more generally and drive

1529
01:13:15,479 --> 01:13:20,479
Speaker 9: competitive advantage into the economy. So we've had a you know,

1530
01:13:20,560 --> 01:13:23,599
Speaker 9: we've had a wake up as well, but we're moving

1531
01:13:23,680 --> 01:13:24,080
Speaker 9: at pace.

1532
01:13:24,439 --> 01:13:26,040
Speaker 2: Yeah, Mike, listen, it's good to talk to you. I

1533
01:13:26,120 --> 01:13:30,280
Speaker 2: really appreciate it. Micro own Meridian Energy CEO together. Do

1534
01:13:31,200 --> 01:13:33,840
Speaker 2: just that clarification from Nikola Willis's office that it is

1535
01:13:33,960 --> 01:13:37,120
Speaker 2: what we thought it is. The supermarkets can apply for

1536
01:13:37,320 --> 01:13:40,400
Speaker 2: multiple sites and consents all in one go under the

1537
01:13:40,439 --> 01:13:43,040
Speaker 2: fast track changes that is brilliant. I mean that is

1538
01:13:43,080 --> 01:13:45,559
Speaker 2: basically actside and it's a great idea. So basically they

1539
01:13:45,600 --> 01:13:46,560
Speaker 2: can go and they go, we want to put a

1540
01:13:46,560 --> 01:13:49,639
Speaker 2: supermarket here, here, and here these parts of different parts

1541
01:13:49,640 --> 01:13:51,240
Speaker 2: of the country. This is what we're going to do.

1542
01:13:51,400 --> 01:13:54,400
Speaker 2: Here's our one consent, the faster yep tick to tick

1543
01:13:54,479 --> 01:13:55,800
Speaker 2: off you go, and then they could just go whack

1544
01:13:55,920 --> 01:13:57,280
Speaker 2: and do all of it instead of what's going on

1545
01:13:57,320 --> 01:13:59,280
Speaker 2: with cost Cod at the moment, which is years to

1546
01:13:59,320 --> 01:14:01,240
Speaker 2: set up one then let it run for a bit,

1547
01:14:01,320 --> 01:14:03,080
Speaker 2: then starts setting up other ones, and it all takes

1548
01:14:03,160 --> 01:14:07,519
Speaker 2: years and far too long. Now listen, zespree, So thumbs up,

1549
01:14:08,040 --> 01:14:11,240
Speaker 2: thumbs up to Nikola Willis for doing this, because we

1550
01:14:11,320 --> 01:14:13,760
Speaker 2: have been a little bit cynical about the supermarket announcements,

1551
01:14:13,800 --> 01:14:17,920
Speaker 2: but this is actually good. Now Zespree will be reasonably pleased,

1552
01:14:17,960 --> 01:14:19,760
Speaker 2: I think with what's going on with the kiwi fruit

1553
01:14:19,840 --> 01:14:21,599
Speaker 2: in the New York Times, because the New York Times

1554
01:14:21,680 --> 01:14:24,400
Speaker 2: has run a story why a kiwi fruit may be

1555
01:14:24,479 --> 01:14:27,760
Speaker 2: the perfect snack, and it starts like this, Apples and

1556
01:14:27,800 --> 01:14:30,759
Speaker 2: bananas may be some of America's favorite fruits, but nutrition

1557
01:14:30,920 --> 01:14:34,080
Speaker 2: experts say that kiwis deserve a spot in your shopping cart.

1558
01:14:34,400 --> 01:14:37,000
Speaker 2: These brown, fuzzy fruits with green, yellow, or even red

1559
01:14:37,080 --> 01:14:40,240
Speaker 2: flesh are packed with beneficial nutrients like fiber and vitamin C.

1560
01:14:40,600 --> 01:14:42,320
Speaker 2: Then it goes through all the good stuff about kiwi

1561
01:14:42,360 --> 01:14:45,439
Speaker 2: fruit that loaded with nutrients, That lists all the nutrients

1562
01:14:45,520 --> 01:14:47,400
Speaker 2: that's got in it. Fact that they can help you

1563
01:14:47,520 --> 01:14:50,000
Speaker 2: stay regular, that's with the pooh, and then what was

1564
01:14:50,040 --> 01:14:52,120
Speaker 2: the fun oh, and apparently they can help you sleep. Well,

1565
01:14:52,600 --> 01:14:55,280
Speaker 2: there's a limited study on it, but apparently some elite

1566
01:14:55,320 --> 01:14:58,880
Speaker 2: athletes consume two kiwis one hour before bed for four

1567
01:14:58,920 --> 01:15:01,160
Speaker 2: weeks and reckon that this lit quality improved. So there

1568
01:15:01,200 --> 01:15:03,240
Speaker 2: you go. How good is that for zespri Once the

1569
01:15:03,240 --> 01:15:06,720
Speaker 2: Americans start going nuts on this stuff, it's just get

1570
01:15:06,800 --> 01:15:10,000
Speaker 2: some zestbri shares. Right quarter past it's the.

1571
01:15:10,080 --> 01:15:13,720
Speaker 1: Heather duper Celan Drive full Show podcast on my Heart

1572
01:15:13,840 --> 01:15:15,800
Speaker 1: Radio empowered by news dog Zebbi.

1573
01:15:17,560 --> 01:15:19,240
Speaker 2: Umm oh no, this is not good.

1574
01:15:19,320 --> 01:15:19,479
Speaker 6: Heather.

1575
01:15:19,560 --> 01:15:21,240
Speaker 2: Do not believe for one second that the cost of

1576
01:15:21,320 --> 01:15:25,120
Speaker 2: traffic management will reduce under the new system. The new guidance,

1577
01:15:25,160 --> 01:15:28,799
Speaker 2: the NZGTTM, is vastly more complex than the old guidance,

1578
01:15:28,840 --> 01:15:32,519
Speaker 2: which is the COPTTM. I know it's very exciting, isn't it.

1579
01:15:32,880 --> 01:15:35,080
Speaker 2: It's driven by H and S health and safety. Nothing

1580
01:15:35,160 --> 01:15:37,640
Speaker 2: involving health and safety in worksplace is cheap, so the

1581
01:15:37,720 --> 01:15:40,240
Speaker 2: new one is vastly more complex. Traffic management plans are

1582
01:15:40,240 --> 01:15:43,040
Speaker 2: now one hundred pages plus. Our documents used to be

1583
01:15:43,120 --> 01:15:46,160
Speaker 2: ten to fifteen pages. Watch the space, you will be disappointed.

1584
01:15:46,240 --> 01:15:48,599
Speaker 2: I work in the industry, Tony. Thank you. We'll keep

1585
01:15:48,600 --> 01:15:51,200
Speaker 2: an eye on that. It's coming up. Nineteen past six.

1586
01:15:51,240 --> 01:15:53,600
Speaker 2: Andrew Curtain Mulford Aid Management is with us.

1587
01:15:53,640 --> 01:15:56,120
Speaker 3: Hey, Andrew given in Heather, how are you.

1588
01:15:56,320 --> 01:15:57,200
Speaker 2: I'm very well, thank you.

1589
01:15:57,280 --> 01:15:57,320
Speaker 21: Know.

1590
01:15:57,400 --> 01:15:59,519
Speaker 2: I'd imagine that the global markets are pretty focused on

1591
01:15:59,560 --> 01:16:01,280
Speaker 2: what's happening with the Fed Reserve this week.

1592
01:16:01,360 --> 01:16:05,559
Speaker 22: Yeah, Yeah, lots going on because we had Jackson Hole,

1593
01:16:05,600 --> 01:16:08,800
Speaker 22: which was HOWLD Friday and over the weekend, and key

1594
01:16:08,880 --> 01:16:11,439
Speaker 22: message coming out of that was that power was getting

1595
01:16:12,160 --> 01:16:15,840
Speaker 22: more inclined to cut interest rates in the US next month.

1596
01:16:16,000 --> 01:16:18,120
Speaker 21: So Marc has been reacting a little bit to that.

1597
01:16:18,240 --> 01:16:21,320
Speaker 22: We sare an inequity rally of a couple at one

1598
01:16:21,320 --> 01:16:24,519
Speaker 22: and a half percent on Friday night from that. But

1599
01:16:24,640 --> 01:16:27,240
Speaker 22: the big news really on Monday was Trump came out

1600
01:16:27,320 --> 01:16:29,640
Speaker 22: with quite a big surprise when he said he was

1601
01:16:29,720 --> 01:16:32,640
Speaker 22: going to fire the Federal Reserve.

1602
01:16:32,400 --> 01:16:33,880
Speaker 21: Board member Lisa Cook.

1603
01:16:34,960 --> 01:16:36,800
Speaker 22: So this is really creding a lot of noise about

1604
01:16:36,840 --> 01:16:39,400
Speaker 22: the independence of the Federal Reserve, which is meant to

1605
01:16:39,439 --> 01:16:43,960
Speaker 22: be separate from the Trump administration and the US government. Yes,

1606
01:16:44,040 --> 01:16:46,040
Speaker 22: so we'll see how that plays out over the rest

1607
01:16:46,080 --> 01:16:46,439
Speaker 22: of the week.

1608
01:16:47,000 --> 01:16:49,200
Speaker 2: Now, Trump has been very vocal and wanting to lower

1609
01:16:49,240 --> 01:16:51,599
Speaker 2: the interest rates. Does getting rid of Lisa Cook actually

1610
01:16:51,680 --> 01:16:52,240
Speaker 2: achieve this?

1611
01:16:54,320 --> 01:16:58,479
Speaker 21: It does move things in his favor. So the Fed

1612
01:16:58,720 --> 01:17:00,719
Speaker 21: works by a vote by.

1613
01:17:00,800 --> 01:17:03,600
Speaker 22: Twelve board members, and if twelve boar members vote to

1614
01:17:03,640 --> 01:17:06,840
Speaker 22: cut interest rates, then they cut interest rates. Now, Lisa

1615
01:17:06,920 --> 01:17:11,080
Speaker 22: cooker has been against cutting interest rates, so she's not

1616
01:17:11,200 --> 01:17:15,040
Speaker 22: aligned with what Trump wants. If he removes her, he

1617
01:17:15,360 --> 01:17:18,120
Speaker 22: will likely appoint someone who would be favorable to him

1618
01:17:18,200 --> 01:17:20,840
Speaker 22: and will be aligned with cutting interest rates. Now he

1619
01:17:20,880 --> 01:17:23,599
Speaker 22: can propose someone and then it gets voted through by

1620
01:17:23,640 --> 01:17:27,559
Speaker 22: the Senate, which he has essential de facto control over,

1621
01:17:27,720 --> 01:17:31,120
Speaker 22: so he can push things through in his favor.

1622
01:17:31,960 --> 01:17:34,400
Speaker 2: And does he actually have the power to fire her.

1623
01:17:35,800 --> 01:17:37,360
Speaker 21: Yeah, this is where it gets tricky.

1624
01:17:37,439 --> 01:17:40,920
Speaker 22: So the Federal Reserve is independent from the government, so

1625
01:17:41,560 --> 01:17:45,479
Speaker 22: Lisa Cook does not report or work for Donald Trump,

1626
01:17:46,520 --> 01:17:49,360
Speaker 22: what he is trying to do is he's found an

1627
01:17:49,400 --> 01:17:55,080
Speaker 22: angle whereby they are legend that Lisa Cook is essentially

1628
01:17:55,120 --> 01:17:58,240
Speaker 22: conducted mortgage fraud back and nothing was twenty one or

1629
01:17:58,280 --> 01:18:00,080
Speaker 22: twenty two before she was a Fed govern.

1630
01:18:01,520 --> 01:18:05,439
Speaker 21: If they can make a case whereby this means she's

1631
01:18:05,520 --> 01:18:06,479
Speaker 21: not fit for the job.

1632
01:18:07,240 --> 01:18:10,479
Speaker 22: Essentially, if you've done mortgage fraud and you're in a

1633
01:18:10,560 --> 01:18:13,040
Speaker 22: job which is sort of controlling your influencing interest rates,

1634
01:18:13,120 --> 01:18:13,960
Speaker 22: it's not a great look.

1635
01:18:14,439 --> 01:18:16,360
Speaker 21: Then he may have a case to remove it. However,

1636
01:18:16,560 --> 01:18:18,439
Speaker 21: this is likely going to have to go to the courts.

1637
01:18:18,800 --> 01:18:21,240
Speaker 22: Both Trump and Lisa could Cook has said they were

1638
01:18:21,240 --> 01:18:23,760
Speaker 22: waiting to see what courts will say, and the Fed

1639
01:18:23,840 --> 01:18:27,160
Speaker 22: have said they were also appined by whatever the courts say.

1640
01:18:27,320 --> 01:18:29,160
Speaker 22: So look, it feels like a little bit of a

1641
01:18:29,200 --> 01:18:30,760
Speaker 22: long shot at the moment, but they may have a

1642
01:18:30,800 --> 01:18:31,760
Speaker 22: potential avenue here.

1643
01:18:32,000 --> 01:18:34,880
Speaker 2: Interesting. Okay, Now, listen, we've got the Nvidia results tomorrow.

1644
01:18:34,920 --> 01:18:35,679
Speaker 2: What are we expecting.

1645
01:18:37,600 --> 01:18:39,160
Speaker 22: Well, it's going to have to be a strong result

1646
01:18:39,160 --> 01:18:42,000
Speaker 22: because Nbody has rallied about one hundred and ten percent

1647
01:18:42,080 --> 01:18:44,960
Speaker 22: since the recent loads of its share price in April,

1648
01:18:45,080 --> 01:18:48,479
Speaker 22: so the market's clearly expecting some big numbers. What the

1649
01:18:48,880 --> 01:18:51,240
Speaker 22: sort of the consensus out there is for revenue and

1650
01:18:51,360 --> 01:18:54,200
Speaker 22: earnie is to grow around about fifty percent year on year.

1651
01:18:54,439 --> 01:18:59,320
Speaker 22: So that reflects incredibly strong demand for Navidia's AI chips.

1652
01:19:00,760 --> 01:19:03,160
Speaker 22: It looks like they're going to have you know, they

1653
01:19:03,200 --> 01:19:05,519
Speaker 22: should have decent numbers. The problem when you have such

1654
01:19:05,560 --> 01:19:08,599
Speaker 22: a strong share price move over the last few months

1655
01:19:08,760 --> 01:19:11,320
Speaker 22: is that a little miss on these expectations can send

1656
01:19:11,360 --> 01:19:12,320
Speaker 22: the share price down.

1657
01:19:13,400 --> 01:19:15,920
Speaker 21: However, our sort of base cases that should should have

1658
01:19:16,080 --> 01:19:16,719
Speaker 21: decent numbers.

1659
01:19:16,720 --> 01:19:18,040
Speaker 22: I mean, if you look at what's been going on

1660
01:19:18,640 --> 01:19:21,160
Speaker 22: in the AI space over the last few months, it's

1661
01:19:21,240 --> 01:19:23,799
Speaker 22: all about more and more spending. All the largest companies

1662
01:19:23,840 --> 01:19:27,400
Speaker 22: in the world, such as Microsoft and Amazon, Meta Google,

1663
01:19:27,439 --> 01:19:29,519
Speaker 22: have been spending more and more money on AI, which

1664
01:19:29,640 --> 01:19:32,439
Speaker 22: essentially means they're spending more money on the video chips.

1665
01:19:32,479 --> 01:19:35,599
Speaker 22: So we expect the demand ro backdrop to be favorable

1666
01:19:35,680 --> 01:19:38,040
Speaker 22: enough that we shouldn't see too many surprises coming ot

1667
01:19:38,040 --> 01:19:39,880
Speaker 22: of the results. However, you know, it is in the

1668
01:19:39,960 --> 01:19:42,320
Speaker 22: video and the share price tends to be quite volatile,

1669
01:19:42,439 --> 01:19:43,360
Speaker 22: so we'll see how it goes.

1670
01:19:43,520 --> 01:19:46,000
Speaker 2: Thanks for talking us through it, appreciated, Andrew, Andrew Curtain

1671
01:19:46,360 --> 01:19:49,200
Speaker 2: Milford Asset Management. I just reminded you Native train. He's

1672
01:19:49,200 --> 01:19:50,720
Speaker 2: going to be with us after half past. Talk us

1673
01:19:50,760 --> 01:19:55,200
Speaker 2: through the awkward email that Neil quickly sent to Andrew

1674
01:19:55,240 --> 01:19:56,760
Speaker 2: from Treasury six twenty three.

1675
01:19:57,240 --> 01:20:00,920
Speaker 1: Everything from SMEs to the big corporates, film a Business

1676
01:20:01,000 --> 01:20:04,679
Speaker 1: Hour with Heather Dup, c Ellen and Mares for Trusted

1677
01:20:04,760 --> 01:20:07,040
Speaker 1: Home Insurance Solutions, News Talks.

1678
01:20:06,840 --> 01:20:09,760
Speaker 2: ENB and So I've got a text here says more

1679
01:20:09,800 --> 01:20:12,960
Speaker 2: Tata please. So have you got some Tata you do? Okay, Hey,

1680
01:20:13,000 --> 01:20:16,760
Speaker 2: sorted you out. More Tata coming at you. Six twenty five. Listen,

1681
01:20:16,760 --> 01:20:19,320
Speaker 2: I'm just going to draw your attention to something. Have

1682
01:20:19,439 --> 01:20:21,240
Speaker 2: you seen the PSA and what they've been up to.

1683
01:20:21,560 --> 01:20:24,200
Speaker 2: These guys are shocking. So this is a union, by

1684
01:20:24,200 --> 01:20:26,679
Speaker 2: the way, it's a public service association. So what's happened

1685
01:20:27,120 --> 01:20:29,479
Speaker 2: is that there is a debate going on within the

1686
01:20:29,560 --> 01:20:32,760
Speaker 2: meat inspect within the meat works in the meat sector. Right,

1687
01:20:33,160 --> 01:20:34,960
Speaker 2: the guys who are chopping up the meat the slaughter

1688
01:20:35,040 --> 01:20:37,160
Speaker 2: houses want to be able to do their own inspections

1689
01:20:37,200 --> 01:20:39,799
Speaker 2: instead of having the meat inspectors come in from outside

1690
01:20:39,840 --> 01:20:42,360
Speaker 2: and have a look at it. Now it's a live issue.

1691
01:20:42,400 --> 01:20:44,880
Speaker 2: It's being debated. There's a good argument either side. I mean,

1692
01:20:44,960 --> 01:20:46,920
Speaker 2: you know, obviously cost cutting and blah blah blah, but

1693
01:20:47,040 --> 01:20:49,280
Speaker 2: also you know you shouldn't mark your own homework because

1694
01:20:49,280 --> 01:20:52,200
Speaker 2: you're completely untrustworthy if you do. But what the PSA

1695
01:20:52,400 --> 01:20:54,960
Speaker 2: has done, rather than just having this debate within the

1696
01:20:55,080 --> 01:20:58,320
Speaker 2: country and trying to sort it out, they have written

1697
01:20:59,040 --> 01:21:01,720
Speaker 2: to China and the about it. So they've written to

1698
01:21:01,760 --> 01:21:04,880
Speaker 2: the Chinese and US ambassadors to raise our concerns about

1699
01:21:04,920 --> 01:21:07,960
Speaker 2: the move towards private meat inspection, and we've requested a

1700
01:21:08,040 --> 01:21:09,880
Speaker 2: meeting with them, and they haven't had a response yet,

1701
01:21:09,880 --> 01:21:12,240
Speaker 2: thank god. But basically, what they'll be warning them is

1702
01:21:12,840 --> 01:21:14,840
Speaker 2: if they do their own meat inspection, you're going to

1703
01:21:14,880 --> 01:21:16,920
Speaker 2: get poop all over the meat that we send you. Now,

1704
01:21:17,720 --> 01:21:21,280
Speaker 2: I'm sorry, I'm sorry, but that is appalling, is it not.

1705
01:21:21,920 --> 01:21:23,759
Speaker 2: I mean, because what they're trying to do is protect

1706
01:21:23,800 --> 01:21:26,360
Speaker 2: their patch here, and in order to protect their patch here,

1707
01:21:26,800 --> 01:21:29,600
Speaker 2: they are prepared to not ruin I mean, let's not

1708
01:21:29,680 --> 01:21:32,200
Speaker 2: go over the top, but to potentially damage our reputation

1709
01:21:32,280 --> 01:21:34,559
Speaker 2: with two of our export markers just to win an argument.

1710
01:21:35,439 --> 01:21:47,240
Speaker 2: Stink move flurfitt Simon's Schober's News. You'll never guess to

1711
01:21:47,320 --> 01:21:49,799
Speaker 2: send out some day it's Bruce Willis.

1712
01:21:51,040 --> 01:21:51,240
Speaker 3: Yep.

1713
01:21:51,720 --> 01:21:55,120
Speaker 2: Nineties action star Bruce Willis had some dulcet tones back

1714
01:21:55,160 --> 01:21:57,760
Speaker 2: in the nineteen eighties. As we know, Bruce, though, is

1715
01:21:57,760 --> 01:22:00,280
Speaker 2: suffering from a pretty severe case of dementia. He's hired

1716
01:22:00,320 --> 01:22:02,519
Speaker 2: from acting. He can no longer speak. His wife, Emma

1717
01:22:02,520 --> 01:22:05,920
Speaker 2: Willis has spoken for him, and she's given an update

1718
01:22:06,000 --> 01:22:08,280
Speaker 2: on his health to his favorite reporter, Diane Sawyer.

1719
01:22:08,560 --> 01:22:11,160
Speaker 3: Bruce has in really great health overall.

1720
01:22:11,840 --> 01:22:14,479
Speaker 14: You know, it's just his brain that is failing him.

1721
01:22:14,800 --> 01:22:18,599
Speaker 23: And you know sometimes he'll see that twinkle in his eye.

1722
01:22:18,720 --> 01:22:23,280
Speaker 2: Or that's wirk and you know, I just get like transported.

1723
01:22:24,479 --> 01:22:27,639
Speaker 14: Then it's just hot to see that because as quickly

1724
01:22:27,680 --> 01:22:31,680
Speaker 14: as those moments are pure, then it.

1725
01:22:31,760 --> 01:22:33,439
Speaker 2: Course, Yeah, it must be really hard. She's got a

1726
01:22:33,439 --> 01:22:35,400
Speaker 2: book coming out about her family coming to terms with

1727
01:22:35,479 --> 01:22:38,200
Speaker 2: his medical condition. It's called The Unexpected Journey and you

1728
01:22:38,280 --> 01:22:40,519
Speaker 2: can pick it up from September the ninth. Here's your taytape.

1729
01:22:49,880 --> 01:22:52,439
Speaker 3: If it's to do with money, it matters to you.

1730
01:22:52,960 --> 01:22:56,840
Speaker 1: The Business Hour with him Duplicy, Ellen and Mas for

1731
01:22:57,000 --> 01:22:59,800
Speaker 1: Trusted Home Insurance Solutions News Talks that'd be.

1732
01:23:00,240 --> 01:23:01,240
Speaker 15: Se Wi You.

1733
01:23:07,200 --> 01:23:12,160
Speaker 2: Why the massive gas prices this year. Oh, I think

1734
01:23:12,240 --> 01:23:14,120
Speaker 2: what that means is, Heather, there have been massive gas

1735
01:23:14,160 --> 01:23:16,559
Speaker 2: prices this year, but to change to electricity from gas

1736
01:23:16,600 --> 01:23:18,960
Speaker 2: and our restaurant is really really tough. Sales are flat

1737
01:23:19,040 --> 01:23:21,200
Speaker 2: year on year. All expenses have gone up, gases through

1738
01:23:21,200 --> 01:23:23,519
Speaker 2: the roof. I'm in the black marginally, but I would

1739
01:23:23,520 --> 01:23:25,479
Speaker 2: be on less than the minimum wages the owner. Gas

1740
01:23:25,600 --> 01:23:28,240
Speaker 2: running out is the icing on the third cake of

1741
01:23:28,280 --> 01:23:31,400
Speaker 2: twenty twenty five, well set twenty four away from seven.

1742
01:23:31,479 --> 01:23:33,720
Speaker 2: Now back to that warning letter that the chair of

1743
01:23:33,760 --> 01:23:36,280
Speaker 2: the Reserve Bank sent to Treasury over Adrian All. What

1744
01:23:36,400 --> 01:23:38,800
Speaker 2: happened was Treasury was getting ready to release the minutes

1745
01:23:38,840 --> 01:23:42,320
Speaker 2: of a meeting between Adrian Or and Treasury officials. They

1746
01:23:42,439 --> 01:23:44,800
Speaker 2: told this is Treasury. They told the Reserve Bank chair

1747
01:23:44,880 --> 01:23:46,920
Speaker 2: Neil quickly they were going to do it, which prompted

1748
01:23:47,000 --> 01:23:49,680
Speaker 2: him to email back that it would immediately destroy the

1749
01:23:49,760 --> 01:23:53,439
Speaker 2: goodwill between the two organizations if it happened. Genetibscherney is

1750
01:23:53,479 --> 01:23:56,839
Speaker 2: The Herald's Wellington Business editor and with us, Hello Jane Hiever,

1751
01:23:56,960 --> 01:23:57,920
Speaker 2: it's pretty extraordinary.

1752
01:23:58,960 --> 01:24:01,720
Speaker 23: Yes, I mean, immedia destroy the good will? That is

1753
01:24:01,840 --> 01:24:06,000
Speaker 23: pretty strong language. Now I have seen the minute that

1754
01:24:06,240 --> 01:24:09,400
Speaker 23: was taken after a meeting on February twenty four, shortly

1755
01:24:09,479 --> 01:24:12,759
Speaker 23: before adrian Or resigned. This was a meeting between Nikola Willis,

1756
01:24:12,840 --> 01:24:15,760
Speaker 23: Adrian Or, the head of the Treasury, and Rennie the

1757
01:24:15,840 --> 01:24:18,960
Speaker 23: board of the Reserve Bank, Neil Quigley and some other stuff.

1758
01:24:19,640 --> 01:24:22,559
Speaker 23: And you know, to be honest, there was nothing dramatic

1759
01:24:22,600 --> 01:24:26,320
Speaker 23: about this minute, Like, I don't understand what the what

1760
01:24:26,479 --> 01:24:29,200
Speaker 23: the drama is. So the minute at the minute said

1761
01:24:29,320 --> 01:24:32,680
Speaker 23: that adrian Or made it clear that he disagreed with

1762
01:24:32,760 --> 01:24:35,800
Speaker 23: the Treasury over the amount of government funding he thought,

1763
01:24:36,240 --> 01:24:39,439
Speaker 23: you know, the Reserve Bank needed. The minutes also say

1764
01:24:39,479 --> 01:24:42,960
Speaker 23: that he expressed his frustration regarding the relationship between the

1765
01:24:43,000 --> 01:24:45,800
Speaker 23: Reserve Bank and Treasury, and then he left the meeting.

1766
01:24:46,200 --> 01:24:49,080
Speaker 23: Now the minute suggests he left the meeting early. I

1767
01:24:49,200 --> 01:24:51,400
Speaker 23: had that confirmed. He did leave before he was meant to.

1768
01:24:52,320 --> 01:24:54,519
Speaker 23: Did he leave quietly? Did he storm out? We don't know,

1769
01:24:56,720 --> 01:24:59,040
Speaker 23: you know, but I don't think it is crazy for

1770
01:24:59,120 --> 01:25:02,160
Speaker 23: it to be noted that there was a disagreement between

1771
01:25:02,439 --> 01:25:03,240
Speaker 23: two departments.

1772
01:25:03,640 --> 01:25:06,519
Speaker 2: Yeah, it does in quite wild. Is it possible that actually,

1773
01:25:08,640 --> 01:25:11,639
Speaker 2: is it possible that what Neil, what made Neil quickly

1774
01:25:11,720 --> 01:25:13,439
Speaker 2: so upset is because he was in the meeting and

1775
01:25:13,560 --> 01:25:16,720
Speaker 2: he knew how it went down, and and and any

1776
01:25:16,840 --> 01:25:19,920
Speaker 2: kind of any kind of confirmation, even if it is

1777
01:25:19,960 --> 01:25:22,880
Speaker 2: a mild confirmation, is not a great confirmation.

1778
01:25:23,800 --> 01:25:24,000
Speaker 1: Yeah.

1779
01:25:24,200 --> 01:25:27,840
Speaker 23: Look, presumably, and I think at that time things were

1780
01:25:27,880 --> 01:25:31,439
Speaker 23: really rocky. Like we know through other information release that

1781
01:25:31,680 --> 01:25:34,479
Speaker 23: Adrian or raised his voice in another meeting with a

1782
01:25:34,520 --> 01:25:38,200
Speaker 23: staff member from Treasury over this whole funding issue. You know,

1783
01:25:38,240 --> 01:25:40,320
Speaker 23: Adrian thought the Brazerve beat needed a lot more funding.

1784
01:25:41,280 --> 01:25:45,000
Speaker 23: So things were tense, and you know, as we've realized,

1785
01:25:45,000 --> 01:25:47,479
Speaker 23: the way that the information came out was really vague,

1786
01:25:49,040 --> 01:25:51,680
Speaker 23: so I you know, it just doesn't help. It's one

1787
01:25:51,680 --> 01:25:55,240
Speaker 23: of these these situations where things obviously weren't great, but

1788
01:25:56,080 --> 01:25:59,639
Speaker 23: it doesn't. It's almost like at the at this point,

1789
01:25:59,760 --> 01:26:02,640
Speaker 23: the the cover up is worse than the crowd.

1790
01:26:03,120 --> 01:26:06,280
Speaker 2: Ages ago, ages ago, though right it totally it jumped

1791
01:26:06,320 --> 01:26:08,160
Speaker 2: the shark a long time ago. I'll tell you what's

1792
01:26:08,200 --> 01:26:11,000
Speaker 2: fascinating is that he was angry that Treasury had even

1793
01:26:11,479 --> 01:26:14,640
Speaker 2: kept notes, which I think is interesting. But also then

1794
01:26:14,680 --> 01:26:16,639
Speaker 2: you have a look at the Director of Legal Services,

1795
01:26:16,880 --> 01:26:19,879
Speaker 2: Nick McBride, who writes from the Reserve Bank to Treasury

1796
01:26:20,280 --> 01:26:23,200
Speaker 2: and says even if the note tries to be quite

1797
01:26:23,360 --> 01:26:27,800
Speaker 2: careful with its summary, recording such details of the discussions

1798
01:26:27,800 --> 01:26:30,400
Speaker 2: and enclosing it would undoubtedly inhibit future expression of blah

1799
01:26:30,439 --> 01:26:31,080
Speaker 2: blah blah blahlah.

1800
01:26:31,200 --> 01:26:32,160
Speaker 3: But he point.

1801
01:26:32,240 --> 01:26:35,960
Speaker 2: I mean, what he's basically made quite clear there is

1802
01:26:36,040 --> 01:26:37,840
Speaker 2: that the version that we've got is a very tame

1803
01:26:37,960 --> 01:26:39,200
Speaker 2: version of what actually went down.

1804
01:26:40,040 --> 01:26:42,120
Speaker 23: Well, I mean, I don't know it looks like it,

1805
01:26:42,240 --> 01:26:44,600
Speaker 23: and you know, I don't I've never worked in the

1806
01:26:44,600 --> 01:26:46,920
Speaker 23: public sector. I don't understand the risk of version that

1807
01:26:47,360 --> 01:26:51,320
Speaker 23: there seems to be around these things. But historically there

1808
01:26:51,400 --> 01:26:54,240
Speaker 23: has been tension between the Reserve Bank and the Treasury.

1809
01:26:54,320 --> 01:26:56,720
Speaker 23: I can think of numerous examples of this, and you know,

1810
01:26:56,800 --> 01:26:59,519
Speaker 23: it's healthy for there to be some tension between the two,

1811
01:27:00,120 --> 01:27:03,200
Speaker 23: and there is tension between different government departments. I mean,

1812
01:27:03,200 --> 01:27:07,120
Speaker 23: we've seen this recently with this whole banking inquiry competition issue,

1813
01:27:07,320 --> 01:27:09,920
Speaker 23: where we had the COMMUSCE Commission say the Reserve Bank

1814
01:27:10,120 --> 01:27:12,559
Speaker 23: should change its bank capital rules, and then Adrian will

1815
01:27:12,600 --> 01:27:14,760
Speaker 23: say no, and then the Reserve Bank come back and say, Okay,

1816
01:27:14,840 --> 01:27:18,519
Speaker 23: we will change the rules. So I don't really think

1817
01:27:18,600 --> 01:27:22,280
Speaker 23: it's the end of the world now, Heather, I do

1818
01:27:22,439 --> 01:27:24,519
Speaker 23: have some other news for you today. That's the related

1819
01:27:24,600 --> 01:27:29,080
Speaker 23: to this. I've heard back from the Ombudsman this afternoon.

1820
01:27:29,520 --> 01:27:32,040
Speaker 23: I was one of many people who made complaints about

1821
01:27:32,080 --> 01:27:36,320
Speaker 23: the way the Reserve Bank had released information about Adrianaor's resignation.

1822
01:27:37,960 --> 01:27:41,160
Speaker 23: The Ombusman has decided that, you know, the Reserve Bank

1823
01:27:41,320 --> 01:27:44,439
Speaker 23: was in fact entitled to withhold the information it has,

1824
01:27:46,000 --> 01:27:49,280
Speaker 23: but that there is an overriding public interest in the

1825
01:27:49,320 --> 01:27:53,919
Speaker 23: Reserve Bank releasing a summary timeline of the key information requested.

1826
01:27:54,280 --> 01:27:56,840
Speaker 23: So it sounds like we will get a summary timeline

1827
01:27:57,280 --> 01:28:00,760
Speaker 23: of information. So we'll get a little bit more, but

1828
01:28:00,960 --> 01:28:03,960
Speaker 23: not necessarily a whole lot more to answer the questions

1829
01:28:04,320 --> 01:28:07,960
Speaker 23: which I had, which is quite honestly, why did he resign?

1830
01:28:08,160 --> 01:28:10,280
Speaker 23: You know, did he choose to resign or was he

1831
01:28:10,439 --> 01:28:11,519
Speaker 23: kind of push to resign?

1832
01:28:11,680 --> 01:28:14,040
Speaker 2: Yep, well it was personal decision, don't you know, Jane.

1833
01:28:14,680 --> 01:28:17,679
Speaker 23: For the purpose, yes, And actually I should just quickly

1834
01:28:17,800 --> 01:28:20,559
Speaker 23: credit Michael Riddell, who's the person who made these official

1835
01:28:20,600 --> 01:28:24,559
Speaker 23: information at requests, and my colleague Jamie Ensall who wrote

1836
01:28:24,560 --> 01:28:25,280
Speaker 23: about it for the Herald.

1837
01:28:25,520 --> 01:28:26,800
Speaker 2: Thank you for they Hey, listen, have a look at

1838
01:28:26,800 --> 01:28:28,200
Speaker 2: this stuff and then let us know if there's anything

1839
01:28:28,240 --> 01:28:30,479
Speaker 2: in it, do you I appreciate everything about this our

1840
01:28:30,560 --> 01:28:36,080
Speaker 2: newdal tenacity here Jane tips Trainey, the Herald's Wellington Business editor. Interesting.

1841
01:28:36,240 --> 01:28:39,439
Speaker 2: What I didn't mention earlier is that Nikola Willis has

1842
01:28:39,479 --> 01:28:42,559
Speaker 2: had to disagree with Neil Quickley again. Nikola Willis told

1843
01:28:42,600 --> 01:28:44,840
Speaker 2: The Herald she was aware of nick Neil Quigley's email.

1844
01:28:45,200 --> 01:28:47,320
Speaker 2: I disagree with the views put forward by the Chair

1845
01:28:47,360 --> 01:28:49,880
Speaker 2: because I think it's entirely appropriate for treasury officials to

1846
01:28:49,920 --> 01:28:52,880
Speaker 2: take minutes of a significant government meeting. She said. I

1847
01:28:52,920 --> 01:28:55,240
Speaker 2: don't know how many more times Nichola Willis can disagree

1848
01:28:55,280 --> 01:28:57,479
Speaker 2: with Neil Quickley and yet retain him in the position. Yes,

1849
01:28:57,720 --> 01:29:00,840
Speaker 2: it's bloody awkward, isn't it? Eighteen away from seven.

1850
01:29:03,080 --> 01:29:05,120
Speaker 3: Heather do for see Ellen Heather?

1851
01:29:05,640 --> 01:29:08,040
Speaker 2: The Ministry for Women should be scrapped because males are

1852
01:29:08,080 --> 01:29:13,400
Speaker 2: so oppressed by females. We need a male's ministry. Do

1853
01:29:13,439 --> 01:29:15,400
Speaker 2: you know I had this discussion in the House today.

1854
01:29:15,800 --> 01:29:19,080
Speaker 2: Males are not oppressed by females. You are serviced by females.

1855
01:29:19,120 --> 01:29:22,439
Speaker 2: You are welcome, we do everything for you. We are

1856
01:29:23,200 --> 01:29:26,280
Speaker 2: we are oppressed by you. And that's the resentment that

1857
01:29:26,360 --> 01:29:28,599
Speaker 2: you get from us where you feel oppressed. That's why

1858
01:29:28,680 --> 01:29:30,960
Speaker 2: we get annoyed with you. Don't We don't need to

1859
01:29:31,000 --> 01:29:32,800
Speaker 2: open this can of worms, do we. We don't need

1860
01:29:32,880 --> 01:29:35,240
Speaker 2: to talk about how we do all the dinners, all

1861
01:29:35,280 --> 01:29:39,439
Speaker 2: the washing, make all the beds. Decide it's towel washing day.

1862
01:29:39,479 --> 01:29:39,759
Speaker 18: Today?

1863
01:29:39,960 --> 01:29:42,280
Speaker 2: We decided, do you know what one time? Oh, I'm

1864
01:29:42,280 --> 01:29:43,720
Speaker 2: going to earn so much trouble for this, I'm going

1865
01:29:43,800 --> 01:29:46,160
Speaker 2: to do in so much trouble for this bugger it

1866
01:29:47,160 --> 01:29:50,479
Speaker 2: Ministry for Women. I'm doing the work of the Ministry

1867
01:29:50,520 --> 01:29:53,000
Speaker 2: for Women right now. I told Laura the German this,

1868
01:29:53,160 --> 01:29:55,320
Speaker 2: and I forgot that. I told Laura the German this,

1869
01:29:55,439 --> 01:29:57,559
Speaker 2: and I was having yet another winge about some other thing.

1870
01:29:57,880 --> 01:29:59,639
Speaker 2: And she said to me, do you remember that one

1871
01:29:59,760 --> 01:30:03,960
Speaker 2: time when the husband when you weren't at home and

1872
01:30:04,040 --> 01:30:05,680
Speaker 2: he needed to do the washing, and he called you

1873
01:30:05,760 --> 01:30:08,720
Speaker 2: up and he said to you, he said to.

1874
01:30:08,720 --> 01:30:13,320
Speaker 24: You, which one is the washing machine and which one

1875
01:30:13,439 --> 01:30:18,320
Speaker 24: is the dryer? And that actually happened, and it wasn't

1876
01:30:18,400 --> 01:30:21,680
Speaker 24: that long ago. I mean, to be fair, No, not

1877
01:30:21,960 --> 01:30:24,519
Speaker 24: to be fair. No context, That's all I'm giving you.

1878
01:30:24,960 --> 01:30:27,720
Speaker 24: Context is that we have only been living in this

1879
01:30:27,840 --> 01:30:29,640
Speaker 24: house for two and a half years. And look, I

1880
01:30:29,680 --> 01:30:33,200
Speaker 24: don't know a woman acquaints herself with the laundry within

1881
01:30:33,320 --> 01:30:35,320
Speaker 24: the first day. I don't really know how long it

1882
01:30:35,400 --> 01:30:38,200
Speaker 24: takes men to acquaint themselves with the laundry. But evidentally

1883
01:30:38,280 --> 01:30:40,640
Speaker 24: not on the first day. And also, is it not

1884
01:30:40,800 --> 01:30:43,040
Speaker 24: obvious to you which one like? Don't you look at

1885
01:30:43,080 --> 01:30:44,320
Speaker 24: it and go this one?

1886
01:30:45,439 --> 01:30:49,120
Speaker 2: This one looks like one that has water and it's plumbed.

1887
01:30:49,479 --> 01:30:53,040
Speaker 24: No, I mean to be fair, No again, not to

1888
01:30:53,160 --> 01:30:55,880
Speaker 24: be fair, not to be fair, but thank god he

1889
01:30:55,960 --> 01:30:58,280
Speaker 24: didn't just go for it and put the laundry detergent

1890
01:30:58,400 --> 01:31:02,040
Speaker 24: in the wrong one least, which one's the washing we've

1891
01:31:02,080 --> 01:31:04,800
Speaker 24: seen and which one's a tryer? Don't ever come at

1892
01:31:04,880 --> 01:31:06,519
Speaker 24: me and tell me you need a ministry for me,

1893
01:31:06,560 --> 01:31:08,880
Speaker 24: And okay, don't. What you need is a ministry for

1894
01:31:08,960 --> 01:31:11,720
Speaker 24: being stupid. Sixteen away from seven.

1895
01:31:11,520 --> 01:31:13,919
Speaker 3: Approaching the numbers and getting the results.

1896
01:31:14,200 --> 01:31:18,200
Speaker 1: It's hither dupiles Alan with the Business Hour and meys

1897
01:31:18,600 --> 01:31:23,080
Speaker 1: for Trusted Home Insurance Solutions, news talks 'd be ah.

1898
01:31:23,160 --> 01:31:24,800
Speaker 2: The texts actually one of the texts. I'm going to

1899
01:31:24,840 --> 01:31:26,840
Speaker 2: come back to one of these texts. Fourteen away from seven.

1900
01:31:26,880 --> 01:31:30,360
Speaker 2: Gavin Gray, UK correspondent with us. Now, hey, Gevin, Hi,

1901
01:31:30,479 --> 01:31:32,360
Speaker 2: there have Devin so fill us in on this trial

1902
01:31:32,439 --> 01:31:33,519
Speaker 2: of the asylum seeker.

1903
01:31:35,000 --> 01:31:39,519
Speaker 25: Yeah, so this sum is an Ethiopian asylum seeker who

1904
01:31:39,600 --> 01:31:43,120
Speaker 25: had only recently arrived in the UK and while his

1905
01:31:44,000 --> 01:31:46,920
Speaker 25: application was being processed, and of course we've reported before

1906
01:31:46,960 --> 01:31:49,479
Speaker 25: about how long this takes, he's been put up in

1907
01:31:49,520 --> 01:31:53,280
Speaker 25: a tax payer funded hotel in Essex, to the east

1908
01:31:53,360 --> 01:31:56,639
Speaker 25: of London. But while it's there, it's alleged, and we've

1909
01:31:56,680 --> 01:31:59,880
Speaker 25: been hearing in court now that he told two fourteen

1910
01:32:00,080 --> 01:32:02,920
Speaker 25: year old girls eating pizza in a town center local

1911
01:32:03,000 --> 01:32:05,599
Speaker 25: residents that he wanted to have a baby with them

1912
01:32:05,640 --> 01:32:08,400
Speaker 25: and tried to kiss them. It all began, this said

1913
01:32:09,120 --> 01:32:12,840
Speaker 25: proposition in the teenagers without any encouragement, after accepting an

1914
01:32:12,880 --> 01:32:16,519
Speaker 25: offer of food from them back at the start of July.

1915
01:32:17,200 --> 01:32:21,960
Speaker 25: Allegations of the incident went very, very very viral, led

1916
01:32:22,000 --> 01:32:25,520
Speaker 25: to a wave of anti immigration protests and counter demonstrations

1917
01:32:25,920 --> 01:32:28,720
Speaker 25: outside the hotel where he was staying in Epping, but

1918
01:32:29,040 --> 01:32:36,360
Speaker 25: also around other hotels housing adult male single asylum seekers.

1919
01:32:36,640 --> 01:32:39,280
Speaker 25: Now the man denies sexual assault, inciting a girl to

1920
01:32:39,360 --> 01:32:44,280
Speaker 25: engage in sexual activity and harassment without violence, but opening

1921
01:32:44,320 --> 01:32:49,360
Speaker 25: the trial, the defendant is said to was said to

1922
01:32:49,560 --> 01:32:51,599
Speaker 25: have approached the girls who were sitting on a bench

1923
01:32:51,640 --> 01:32:54,920
Speaker 25: eating the pizza, and made these inappropriate comments, inviting them

1924
01:32:54,920 --> 01:32:57,280
Speaker 25: back to the hotel where he told them he would

1925
01:32:57,400 --> 01:33:00,599
Speaker 25: like to make a baby. But suffice to say, when

1926
01:33:00,640 --> 01:33:04,320
Speaker 25: these children went back to their parents, that's what led

1927
01:33:04,560 --> 01:33:06,639
Speaker 25: to a great deal of local anger.

1928
01:33:06,800 --> 01:33:09,640
Speaker 2: Yeah too. Right now, how's Nigel Farage feeling about the

1929
01:33:09,680 --> 01:33:11,479
Speaker 2: help that's been offered to him by the Taliban?

1930
01:33:12,640 --> 01:33:16,240
Speaker 25: Well, I think you'll feel absolutely emboldened at this point

1931
01:33:16,320 --> 01:33:20,120
Speaker 25: in time this morning. So yesterday Nigel Faraj announced his

1932
01:33:20,800 --> 01:33:25,600
Speaker 25: policy on what to do with the increasing issue of

1933
01:33:25,920 --> 01:33:30,000
Speaker 25: mass illegal immigration into the UK via small voats across

1934
01:33:30,040 --> 01:33:33,240
Speaker 25: the Channel. Now, Nigel Faraj is the leader of Reform UK,

1935
01:33:33,520 --> 01:33:36,120
Speaker 25: a sort of upstart party. It's only got four MPs,

1936
01:33:36,200 --> 01:33:38,479
Speaker 25: it's only been in existence a matter of months, but

1937
01:33:38,760 --> 01:33:42,200
Speaker 25: it is leading the opinion post, smashing both the government

1938
01:33:42,680 --> 01:33:46,000
Speaker 25: Labor and the previous government conservatives, both of whom on

1939
01:33:46,080 --> 01:33:49,759
Speaker 25: this issue are proving have proved to be pretty impotent. Frankly,

1940
01:33:50,680 --> 01:33:53,400
Speaker 25: and so Nigel Pharaohs is saying, right, we are going

1941
01:33:53,479 --> 01:33:58,280
Speaker 25: to deport six hundred thousand illegal migrants if we're elected

1942
01:33:58,320 --> 01:34:01,360
Speaker 25: to power. We're going to do that by striking deals

1943
01:34:01,400 --> 01:34:05,680
Speaker 25: with countries like Afghanistan, Iran and Eritrea, who make up

1944
01:34:05,720 --> 01:34:10,160
Speaker 25: the majority of those people crossing in small boats. We

1945
01:34:10,320 --> 01:34:14,080
Speaker 25: will rip up and leave the European Convention on Human Rights,

1946
01:34:14,120 --> 01:34:17,760
Speaker 25: which will enable us to do this. Now, critics said, yeah, yeah,

1947
01:34:17,960 --> 01:34:20,280
Speaker 25: but you won't be able to get these deals with Afghanistan,

1948
01:34:20,360 --> 01:34:23,080
Speaker 25: you won't be able to get them with Iran and Eritreya. Well,

1949
01:34:23,320 --> 01:34:26,360
Speaker 25: I'm afraid to say for them. The Taliban have come

1950
01:34:26,400 --> 01:34:29,040
Speaker 25: forward and said, actually, we might not be recognized as

1951
01:34:29,080 --> 01:34:32,120
Speaker 25: a legitimate government of Afghanistan by the UK, but we

1952
01:34:32,200 --> 01:34:34,760
Speaker 25: would be willing to talk to Nigel Faraj and would

1953
01:34:35,439 --> 01:34:37,800
Speaker 25: give the money, any money that he might be giving

1954
01:34:37,880 --> 01:34:41,519
Speaker 25: us to do this to support the returnees, insisting it

1955
01:34:41,560 --> 01:34:44,519
Speaker 25: would be done with dignity. So all of a sudden,

1956
01:34:44,600 --> 01:34:47,360
Speaker 25: now we're hearing that Labor, the current government is now

1957
01:34:47,479 --> 01:34:51,360
Speaker 25: considering talking to Afghanistan, and you think, why wasn't this

1958
01:34:51,479 --> 01:34:54,080
Speaker 25: done before if it's such a good idea, And that's

1959
01:34:54,280 --> 01:34:56,960
Speaker 25: very much I think why in the opinion polls so

1960
01:34:57,080 --> 01:34:59,920
Speaker 25: many people are now turning away from the government. Labor

1961
01:35:00,280 --> 01:35:02,320
Speaker 25: and the previous government conservative too.

1962
01:35:02,920 --> 01:35:06,320
Speaker 2: Gavin, thanks very much, appreciated. Quite interesting that Nigel Faraj

1963
01:35:06,840 --> 01:35:10,120
Speaker 2: Gavin Gray, UK Correspondent, heither can you start a lawn

1964
01:35:10,160 --> 01:35:17,679
Speaker 2: mower now, Craig, let's talk about this MTE. I don't

1965
01:35:17,720 --> 01:35:19,479
Speaker 2: have a lawnmower because I don't have a blade of

1966
01:35:19,520 --> 01:35:21,519
Speaker 2: grass at my house. I live in the central city.

1967
01:35:21,600 --> 01:35:23,280
Speaker 2: But do you know what I do have is a

1968
01:35:23,320 --> 01:35:25,880
Speaker 2: really dicky door with a more Tea slock in it.

1969
01:35:26,080 --> 01:35:28,720
Speaker 2: And the other day what happened is one of the

1970
01:35:28,760 --> 01:35:31,760
Speaker 2: pins broke like that it wasn't working, so I disassembled

1971
01:35:31,760 --> 01:35:33,479
Speaker 2: the door. It's an antique door. I took out the

1972
01:35:33,520 --> 01:35:35,720
Speaker 2: antique more Tea slock and I disassembled that. It was

1973
01:35:35,760 --> 01:35:37,080
Speaker 2: one of the pins that it broke, and it was

1974
01:35:37,120 --> 01:35:39,600
Speaker 2: really annoying when that happens. So then I had to

1975
01:35:39,640 --> 01:35:41,040
Speaker 2: go down to Bunning's and then I had to go

1976
01:35:41,080 --> 01:35:43,040
Speaker 2: buy a new more Tea slock. And while it wasn't

1977
01:35:43,120 --> 01:35:46,080
Speaker 2: a pretty good fit, it wasn't a total fit. What

1978
01:35:46,240 --> 01:35:47,920
Speaker 2: it involved as a hell of a lot of chiseling.

1979
01:35:48,200 --> 01:35:50,200
Speaker 2: I had to chisel the inside of the door out,

1980
01:35:50,240 --> 01:35:51,760
Speaker 2: and then I had to chisel because the face plate,

1981
01:35:51,840 --> 01:35:53,240
Speaker 2: and then I had to chisel the you know, the

1982
01:35:53,960 --> 01:35:56,680
Speaker 2: and then I had oh and the you know, like

1983
01:35:56,800 --> 01:35:58,960
Speaker 2: everything had to be chiseled to fit the new more

1984
01:35:59,000 --> 01:36:01,640
Speaker 2: tea slock. But finally, after a couple of hours of

1985
01:36:01,720 --> 01:36:04,200
Speaker 2: chiseling and fitting and so on, don't come at me

1986
01:36:04,320 --> 01:36:06,000
Speaker 2: with do I know how to start a lawn mower?

1987
01:36:06,280 --> 01:36:09,040
Speaker 2: Because we can have lots of conversations involving tools, Craig,

1988
01:36:09,280 --> 01:36:12,280
Speaker 2: lots of conversations involving tools. Nine away from seven.

1989
01:36:13,479 --> 01:36:16,040
Speaker 1: It's the Heather too for see Allen Drive Full Show

1990
01:36:16,160 --> 01:36:20,880
Speaker 1: podcast on iHeartRadio powered by Newstalk zby Heather.

1991
01:36:21,560 --> 01:36:23,519
Speaker 2: That story would have been much better if you hadn't

1992
01:36:23,560 --> 01:36:28,679
Speaker 2: repeatedly mispronounced mortise, which I did deserve, didn't I because

1993
01:36:28,720 --> 01:36:30,920
Speaker 2: I was being a dick, Like, let's be honest about it.

1994
01:36:31,240 --> 01:36:33,559
Speaker 2: I'm not above being a dick. And as the show

1995
01:36:33,680 --> 01:36:36,559
Speaker 2: goes on, I think there is a proportionate there's there

1996
01:36:36,680 --> 01:36:39,040
Speaker 2: is definitely like that. If you did it a graph,

1997
01:36:39,360 --> 01:36:41,720
Speaker 2: you know, you'd find that there would be a relationship,

1998
01:36:41,800 --> 01:36:44,680
Speaker 2: a proportionate relationship between the duration of the show and

1999
01:36:44,720 --> 01:36:46,360
Speaker 2: the amount of dickness that you get from me.

2000
01:36:46,680 --> 01:36:47,120
Speaker 12: And I did.

2001
01:36:47,240 --> 01:36:48,920
Speaker 2: I did deserve to be pulled up on that. It's

2002
01:36:49,000 --> 01:36:53,519
Speaker 2: pronounced mortis mortis, mortis, thank you, and apparently would have

2003
01:36:53,560 --> 01:36:56,439
Speaker 2: taken a man fifteen minutes to do the chiseling. But no,

2004
01:36:56,520 --> 01:36:58,840
Speaker 2: it wouldn't have. It wouldn't have because you didn't have

2005
01:36:59,040 --> 01:37:01,160
Speaker 2: a three year old try to help you chisel. And

2006
01:37:01,240 --> 01:37:02,880
Speaker 2: then I had to do mummy things as well, like

2007
01:37:02,960 --> 01:37:05,040
Speaker 2: wrapp atowel around his hand and so that he could

2008
01:37:05,080 --> 01:37:08,040
Speaker 2: hold the chisel and hammer without hammering his hand. I

2009
01:37:08,280 --> 01:37:11,320
Speaker 2: know what a legend, But most importantly I know which

2010
01:37:11,360 --> 01:37:13,360
Speaker 2: one is the washer and which one's the dryer. Now,

2011
01:37:13,960 --> 01:37:16,479
Speaker 2: I said yesterday I would call my mum. My mum

2012
01:37:16,640 --> 01:37:19,559
Speaker 2: was called my mom straight after the show and she answered.

2013
01:37:19,680 --> 01:37:22,920
Speaker 2: She was like, I heard you helo la la la lol,

2014
01:37:23,280 --> 01:37:25,439
Speaker 2: and she said, I never floss your teeth when you

2015
01:37:25,479 --> 01:37:29,000
Speaker 2: were six months old. I said, fantastic, So did you

2016
01:37:29,120 --> 01:37:31,400
Speaker 2: floss my teeth at? At what age did you start

2017
01:37:31,439 --> 01:37:33,840
Speaker 2: flossing my teeth? Then, Mum, she said, I never flost

2018
01:37:33,880 --> 01:37:34,280
Speaker 2: your teeth.

2019
01:37:34,400 --> 01:37:34,559
Speaker 21: Never.

2020
01:37:36,120 --> 01:37:38,960
Speaker 2: So the point of the story is to back up.

2021
01:37:39,040 --> 01:37:39,360
Speaker 3: This is all.

2022
01:37:39,479 --> 01:37:41,240
Speaker 2: This is the only evidence I've got right that with

2023
01:37:41,360 --> 01:37:43,519
Speaker 2: my contention is you do not need to floss a

2024
01:37:43,720 --> 01:37:47,400
Speaker 2: toddler's teeth, And really you don't need to start flossing

2025
01:37:47,479 --> 01:37:50,240
Speaker 2: until we're actually able to follow instructions and hold thin

2026
01:37:50,320 --> 01:37:52,439
Speaker 2: bits of string and actually brush out teeth. If the

2027
01:37:52,479 --> 01:37:54,639
Speaker 2: toddler can brush, if a child can brush their teeth

2028
01:37:54,680 --> 01:37:57,519
Speaker 2: twice a day without it being a drama and without

2029
01:37:57,560 --> 01:37:59,639
Speaker 2: you having to go, no, you didn't do the back night, darling.

2030
01:37:59,680 --> 01:38:02,960
Speaker 2: You didn't know. Let me help you. If we're past

2031
01:38:03,000 --> 01:38:05,800
Speaker 2: that point, then we can start the flossing. My contention was,

2032
01:38:05,920 --> 01:38:07,439
Speaker 2: you don't need to do it up to that point.

2033
01:38:07,720 --> 01:38:10,479
Speaker 2: And I am case in point because I'm forty years

2034
01:38:10,479 --> 01:38:12,519
Speaker 2: old coming up forty one, and I have no feelings

2035
01:38:12,960 --> 01:38:15,160
Speaker 2: and my mum did not floss my teeth at all.

2036
01:38:15,360 --> 01:38:17,880
Speaker 2: So there you go. It's a sample size of one,

2037
01:38:18,160 --> 01:38:18,960
Speaker 2: but that's all I've got.

2038
01:38:19,120 --> 01:38:22,240
Speaker 26: And So high School by Taylor Swift to play us

2039
01:38:22,280 --> 01:38:24,000
Speaker 26: out tonight, just the last bit of Taylor for today.

2040
01:38:24,439 --> 01:38:27,160
Speaker 26: Congratulations to her and Trevis Kelcey on their engagement. This

2041
01:38:27,240 --> 01:38:31,559
Speaker 26: song she actually made about Travis Kelcey basically, so high School,

2042
01:38:31,560 --> 01:38:32,920
Speaker 26: you make me feel so high school, you make me

2043
01:38:32,960 --> 01:38:35,320
Speaker 26: feel like a horny teenager, etcetera. Et No, she doesn't

2044
01:38:35,320 --> 01:38:38,360
Speaker 26: say that, Well, no, it's the inference of what song's about. Yeah,

2045
01:38:38,960 --> 01:38:41,760
Speaker 26: and apparently they are called the ultimate high school couple,

2046
01:38:42,000 --> 01:38:43,680
Speaker 26: like you know, the ultimate like sort of captain of

2047
01:38:43,680 --> 01:38:44,400
Speaker 26: the football team.

2048
01:38:44,439 --> 01:38:47,280
Speaker 2: And so yeah, there you go. That's where they're going

2049
01:38:47,320 --> 01:38:49,000
Speaker 2: with that. Did you get the teacher's thing? Did you

2050
01:38:49,040 --> 01:38:49,280
Speaker 2: get that?

2051
01:38:49,720 --> 01:38:53,040
Speaker 26: I actually think everyone's overthinking it. Like your English teacher

2052
01:38:53,040 --> 01:38:55,200
Speaker 26: and your gym teacher. He plays sports, she writes stuff,

2053
01:38:55,479 --> 01:38:57,000
Speaker 26: you know, like that's what it is.

2054
01:38:57,040 --> 01:38:58,519
Speaker 2: Why are they teachers in this story?

2055
01:38:58,720 --> 01:39:00,679
Speaker 26: Well, I don't know, because English teach just write stuff

2056
01:39:00,680 --> 01:39:02,080
Speaker 26: and Jim teachers play sport.

2057
01:39:02,160 --> 01:39:03,639
Speaker 2: Makes sense to me. Why didn't they give an English

2058
01:39:03,680 --> 01:39:06,120
Speaker 2: professor and Jim and football.

2059
01:39:05,760 --> 01:39:08,400
Speaker 26: Coach, because then they're not both teachers.

2060
01:39:08,400 --> 01:39:08,840
Speaker 3: I don't get it.

2061
01:39:08,920 --> 01:39:10,040
Speaker 2: Let's teacher, still don't get it.

2062
01:39:10,240 --> 01:39:11,920
Speaker 26: It's just it's just a clever little bit of word play.

2063
01:39:13,120 --> 01:39:17,080
Speaker 2: Anyway, as look, I'm sure Taylor will be thrilled to

2064
01:39:17,120 --> 01:39:19,320
Speaker 2: have heard that. Ant said congrats, But you know, we'll

2065
01:39:19,360 --> 01:39:21,320
Speaker 2: back it up and say congrats to the pair of them.

2066
01:39:21,360 --> 01:39:26,599
Speaker 2: They are very cute together, and you know, who knows

2067
01:39:26,720 --> 01:39:28,360
Speaker 2: it may be the start of a beautiful and long

2068
01:39:28,439 --> 01:39:32,040
Speaker 2: term thing. He's hoping for them. Yeah, so much. I

2069
01:39:32,200 --> 01:39:34,240
Speaker 2: want to say that I can't say about like how

2070
01:39:34,280 --> 01:39:36,479
Speaker 2: people think that they're not a real relationship and just

2071
01:39:36,520 --> 01:39:38,640
Speaker 2: a PR relationship, but you just go google that if

2072
01:39:38,680 --> 01:39:39,799
Speaker 2: you want to see tomorrow.

2073
01:40:28,760 --> 01:40:31,920
Speaker 1: For more from Hither Duplessy Alan Drive, listen live to

2074
01:40:32,040 --> 01:40:35,040
Speaker 1: news talks it'd be from four pm weekdays, or follow

2075
01:40:35,120 --> 01:40:36,840
Speaker 1: the podcast on iHeartRadio.