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Speaker 1: I questions, answers, facts, analysis, The Drive show you trust

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Speaker 1: for the full picture, Heather Do for clan Drive with

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Speaker 1: one New Zealand.

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Speaker 2: Let's get connected news talks. That'd be.

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Speaker 3: Good afternoon. Welcome to the show coming out today. Here

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Speaker 3: we thank has got permission to get some private money in.

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Speaker 3: We'll talk to the finance minister and New Zealand's got

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Speaker 3: a new boss. We'll speak to analyst Andy Bowley. And

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Speaker 3: Ozzie is considering banning not just the social media for

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Speaker 3: the kids, but YouTube as well. We'll have a chat

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Speaker 3: about that too together.

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Speaker 2: Do for c Ellen.

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Speaker 3: Now you know that story about the gang numbers cracking

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Speaker 3: the ten thousand mark. That's classic gotcha politics, isn't It

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Speaker 3: doesn't count when the number is nine, nine hundred and

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Speaker 3: ninety nine, But once it hits ten thousand or in

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Speaker 3: this case, ten thousand and nine, it's a thing and

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Speaker 3: it's the government's fault. Is it the government's fault?

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Speaker 2: Though?

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Speaker 3: I mean, should we actually be angry at Mark Mitchell

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Speaker 3: for this one? I don't think so. I think of

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Speaker 3: what we're seeing right now is the result of stuff

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Speaker 3: that has already happened, and mainly the deportation of criminals

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Speaker 3: from Australia and the recession that we're in. Recessions lead

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Speaker 3: to an increase in crime for obvious reasons, and the

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Speaker 3: deportation of serious criminals will lead to an increase in

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Speaker 3: gang numbers, probably for a while yet, actually, until the

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Speaker 3: likes of the common Cheiros and any other heavy outfit

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Speaker 3: that's been brought here from Australia has maxed out its

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Speaker 3: recruitment drive in New Zealand. I think it's highly ironic

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Speaker 3: that Ginny Anderson is the one moaning about this. Do

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Speaker 3: you need me to remind you of Ginny Anderson. Ginny

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Speaker 3: Anderson was one of Labour's run of police ministers who

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Speaker 3: totally took their foot off the throat of the gangs

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Speaker 3: when they were in power. Ginny Anderson was the police

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Speaker 3: minister at the time that the gang was basically allowed

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Speaker 3: to take over or porticky for the tonguey. Remember that

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Speaker 3: at least under this government, in this particular police minister,

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Speaker 3: police have been given the understanding that they are to

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Speaker 3: crack down on gangs. There have been a huge number

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Speaker 3: of arrests. There are no gang tonguies taking over small

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Speaker 3: town roads anymore. There are no gang patches. Laura, the producer,

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Speaker 3: lives out in west Auckland. She reconsues to see a

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Speaker 3: gang patch every single day. Doesn't see them now, none

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Speaker 3: at all. Now it doesn't mean that the gang members

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Speaker 3: are gone. I mean you can still see them around

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Speaker 3: the place. They just walk around in their colors, you know,

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Speaker 3: without the patch. Just look for someone wearing an unusual

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Speaker 3: amount of primary color red that generally donates among your

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Speaker 3: old member. Look for somebody with a lot of yellow

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Speaker 3: going on. That's generally somebody from the common chios, lots

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Speaker 3: of primary blue. That'll be a black power there. I

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Speaker 3: saw one in his gang colors and bunnings the other day.

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Speaker 3: But at least they do not have the belief that

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Speaker 3: they can walk around intimidating good people in public places

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Speaker 3: because they don't have their patch on, and them being

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Speaker 3: stripped of that belief actually counts for a lot.

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Speaker 4: Now.

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Speaker 3: I'm not happy the gang numbers have gone up, but

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Speaker 3: they have, and I expect they're going to keep going

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Speaker 3: up for a while until this economy turns around and

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Speaker 3: the pool of recruits available to the Aussie import starts

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Speaker 3: drying up. That is not the fault of this government

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Speaker 3: and is also not the fault of this police minister.

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Speaker 3: And what counts for a lot more is at least

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Speaker 3: these gangs are being cracked down on.

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Speaker 2: Now what ever, dup Cello.

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Speaker 3: Great nine two nine two is the text understands the

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Speaker 3: tech spees apply now. Netbull is returning to free to

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Speaker 3: air on TV and Z next year after many years

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Speaker 3: on Sky. The am Z Premiership will be shown on

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Speaker 3: TV and Z two and TV and Z Plus. There

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Speaker 3: are questions so over how much has been paid?

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Speaker 5: Here?

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Speaker 3: Who's paying you? Here? Is Netbull's Jenny Wiley speaking to

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Speaker 3: Mike this morning.

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Speaker 6: Netbor New Zealant is investing in this and it's it's

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Speaker 6: a changing market. The broadcast market is different traditional media

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Speaker 6: and you know right, spees have moved and there is

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Speaker 6: more risk in the market. We're willing to step into

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Speaker 6: that because we know and we believe that the game

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Speaker 6: has a future.

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Speaker 3: Melody Robinson is TV and z's head of Sports Events

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Speaker 3: and Partnerships and with.

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Speaker 7: Us Ha Melody, good afternoon.

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Speaker 3: Hey, this is great for you guys to have all

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Speaker 3: of us extra sport, isn't it.

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Speaker 7: Look absolutely fantastic? We had the Saturday Games exclusive this

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Speaker 7: am Z for ten weeks around Robin, and what we

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Speaker 7: found was that that audience coming in was double the

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Speaker 7: normal audience we get from four to six on Saturday.

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Speaker 7: So we know there's still a massive fan base out

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Speaker 7: there for netball, and we're really excited that all of

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Speaker 7: the A and Z Championship is going to be with

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Speaker 7: us next year.

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Speaker 3: Who watches.

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Speaker 7: Actually there's a high female population that watches it. About

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Speaker 7: twenty four percent of our TV and D plus audiences

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Speaker 7: under the age of thirty four. That is a good

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Speaker 7: youth audience as well. I guess one thing you can

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Speaker 7: say about that is females are the most powerful consumers.

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Speaker 7: So it's a great audience for us.

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Speaker 3: Ye jus is it teenage girls and their mums?

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Speaker 7: Basically no, it's an older female audience at this point.

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Speaker 7: But when you think about how we're going to have

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Speaker 7: everything on TV two and TVNZ's tvnc's plus, that is

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Speaker 7: brings in a much younger audience opportunity. We've also got

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Speaker 7: an incredible social media team and that news machine that's

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Speaker 7: going to bring back those personalities and the stories of

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Speaker 7: the athletes, so we know that it's going to bring

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Speaker 7: more interesting game of the audience.

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Speaker 3: This is great news because This is one of my

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Speaker 3: bug bears is that sports nowadays has dropped the good

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Speaker 3: yarns out of it. Right, you don't even know who

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Speaker 3: the person is who's playing, So you guys going to

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Speaker 3: promote that, promote their backstories one hundred percent.

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Speaker 7: And you know NetBoy used to have a massive audience

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Speaker 7: when they had a mass mail fan base watching them

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Speaker 7: as well, and that is what we're really going to

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Speaker 7: aim at bringing back, and it is it's about telling

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Speaker 7: those awesome athletes stories.

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Speaker 3: You've got to tell about the drama between them as well,

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Speaker 3: like you've got to be like this player hates that

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Speaker 3: player because they stole that one's husband, like stuff like

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Speaker 3: that's important. Do you know what I mean?

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Speaker 7: Well, well i'll tell you about you know, TVNZ We've

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Speaker 7: got a commissioning team that does a whole lot of

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Speaker 7: shoulder content and we do entertainment very well. So we

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Speaker 7: could have a silver fern on I don't know, one

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Speaker 7: of our reality TV shows, or we could come up

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Speaker 7: with a new concept. So yet we're looking into all those.

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Speaker 3: Two Are you paying Netball New Zealand the rights fee?

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Speaker 7: Obviously boring answer? Commercial deals we never talk about the details,

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Speaker 7: but what we can say, is we're bringing a massive

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Speaker 7: machine melody.

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Speaker 3: The answers know, isn't it. You are not paying them

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Speaker 3: anything for this au Well.

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Speaker 7: We're certainly going to extend the value for the sponsors

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Speaker 7: that they bring on board. So I think that that's

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Speaker 7: going to generate some releigant revenue.

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Speaker 3: OK, So then tell me how this works. The cake

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Speaker 3: is normally back in the old days, like old days,

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Speaker 3: like as in before twenty twenty five. What would happen

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Speaker 3: is SkyTV or whoever would pay Netble New Zealand for

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Speaker 3: the right to broadcast the sport. You guys are now

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Speaker 3: not paying them. It's basically a freebie for you. They

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Speaker 3: are putting the money into production, is what you want?

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Speaker 7: What I certainly didn't confirm that.

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Speaker 3: You might go to confirm that. We know that, but

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Speaker 3: we're not stupid. We've worked it out. So there is

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Speaker 3: now no money going to Netball New Zealand. In fact,

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Speaker 3: it costs them now to put this on teally, So

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Speaker 3: how do they get money out of this? Are you

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Speaker 3: splitting advertising?

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Speaker 8: No?

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Speaker 7: Well, let's put it this way. The value of sports

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Speaker 7: rights depends on the audience and for the last a

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Speaker 7: very very large number of years and they've always been

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Speaker 7: behind a payball with a lot of competition.

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Speaker 3: No stop, we've got to have a look. No stop, melody,

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Speaker 3: you've got as your phone's going off on noisy stop

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Speaker 3: it tsunami advisory. Oh now I can't see it. Oh

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Speaker 3: there we go. Tsunami advisory. Strong and unusual currents and

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Speaker 3: unpredictable surges at the shore because of an earthquake and

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Speaker 3: Russia melody, don't go swimming. Okay, no, I'm not going

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Speaker 3: to go.

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Speaker 7: I'm actually by the harbor. So this is not a

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Speaker 7: good say.

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Speaker 3: Yeah, get away. I can tell me quickly, how's it

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Speaker 3: going to work. So if if you had a certain

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Speaker 3: number of audience you start coughing up, does it work

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Speaker 3: like that?

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Speaker 7: Then absolutely, that's how you value you write, So building

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Speaker 7: the audience, this is a long term play. More audience,

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Speaker 7: more value. So I think this is a great most

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Speaker 7: new jellingeople to come with us.

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Speaker 3: Good stuff. Okay, best of like being near the water

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Speaker 3: their melody, Thanks for that, Melody. Robinson, Tiviz's head of

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Speaker 3: sports Events and Partnerships. I don't know if she just

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Speaker 3: realized what she did. She's like, I'm not confirming that

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Speaker 3: Tsunami alert I confirmed it. Oh well, we're all excited

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Speaker 3: about that. So anyway, there we go. So we're going

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Speaker 3: to talk to Darcy about that when he's with us shortly.

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Speaker 3: Because this is what's a massive deal for netball. I

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Speaker 3: feel like a lot of players. I mean I say

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Speaker 3: this with some sadness. I feel like, if you're not

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Speaker 3: watching netball, they haven't got any money. Now they're literally

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Speaker 3: having to pay to put it on TV. That's a

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Speaker 3: sad thing. That means netball players are gonna have to go,

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Speaker 3: like professional netball players in this country, gonna have to

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Speaker 3: go get jobs to be able to pay the mortgage. Anyway,

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Speaker 3: we'll talk about that in a minute. Stuart Nash has

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Speaker 3: joined the board of the Taxpayers Union. Let me repeat

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Speaker 3: that to you. Former Labor Cabinet Minister Stuart Nash has

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Speaker 3: joined the board of the Taxpayers Union, the right wing

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Speaker 3: organization hated by the left for being just bad people.

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Speaker 3: I always knew that he was a writing in disguise,

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Speaker 3: didn't you. He was in the wrong party A they

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Speaker 3: said very nice things about him. Stewart Nash, former Cabinet

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Speaker 3: Minister of Revenue Member of Parliament, brings deep experience in

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Speaker 3: public policy and governance. His insights from inside government will

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Speaker 3: add valuable perspectives the Taxpayers Union's advocacy for efficient public spending.

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Speaker 3: There you go, well done. Ste sixteen past.

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Speaker 9: Four, It's the Heather d Pussy Allen Drive Full Show

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Speaker 9: podcast on iHeartRadio powered by News Talk zeb.

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Speaker 3: Heather netball is the most played female sport in New

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Speaker 3: Zealand's been totally let down by Sky TV. The Herald

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Speaker 3: also writes absolutely neeling nothing about it. I hope TVNZ

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Speaker 3: will pick it up well, is that true? Nineteen past

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Speaker 3: four Sport.

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Speaker 9: With tav bed Live within plays responsively.

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Speaker 3: Darcy Watergrove sports talk hosters with us. Hello, Darce, and.

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Speaker 10: I see you've had some revealing words from Melody Robinson.

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Speaker 3: So what Melody has essentially confirmed to us is that

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Speaker 3: there is if you work backwards from the last thing

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Speaker 3: she said, they are not paying Netball New Zealand anything

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Speaker 3: for the steal. Netball New Zealand is essentially paying for

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Speaker 3: this to go to air because they're paying the production costs.

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Speaker 3: But when the audience hits a certain level, at that

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Speaker 3: point there will be rights money that go from net

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Speaker 3: from TVNZ to Netball New Zealand.

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Speaker 10: Now Denny Wiley was reticent to explain that on the

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Speaker 10: program last night. In fact, also another interview with one

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Speaker 10: of my colleagues is a netball fiend, and Nathan Limmit

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Speaker 10: was very the less she said, the more she said.

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Speaker 10: Last night, there was a lot of sub diffusion, a

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Speaker 10: lot of walking around it. Well, there's this, and we've

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Speaker 10: got to understand that. There's okay to say, hey, we're

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Speaker 10: paying for it. You say, we're going into our reserves.

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Speaker 3: So that's what they're using, the cash reserves full tape.

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Speaker 4: Yeah.

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Speaker 10: Ane Millicit said to me, it's like, well, you know,

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Speaker 10: to pay for your hobby, you've got to re mortgage

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Speaker 10: the house.

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Speaker 3: Hey does this mean then? I mean, think about the

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Speaker 3: impact on the players, right they are going to presumably

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Speaker 3: have their pay cut.

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Speaker 10: Oh they're in negotiation right now, aren't they.

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Speaker 3: And they'll be out there getting part time jobs or

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Speaker 3: full time jobs to be able to professionally play netball.

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Speaker 3: This is unsustainable, dust, you'd say.

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Speaker 11: So is it possible?

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Speaker 10: Though? With the amount of eyeballs. I'm fascinating in the

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Speaker 10: balance between eyeballs on the screen because it's free to

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Speaker 10: air and actually cash money and how much you can

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Speaker 10: generate out of the eyeballs when it's on free to wear,

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Speaker 10: as far as Goship is concerned, even on the dresses

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Speaker 10: around all the venues they can I think that people

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Speaker 10: might buy into it, but you'd say that in order

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Speaker 10: to continue the strength of netball they need the children

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Speaker 10: playing the game, and how do you get the menu?

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Speaker 10: Stick it on free to wear a TV and it's

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Speaker 10: huge at that younger level, predominantly women, but some men

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Speaker 10: do play it. So I think that people who have

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Speaker 10: been critical of netball in New Zealand have got to

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Speaker 10: understand that if there's nothing on offer and no one's

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Speaker 10: got any money to pay them, and no one wants

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Speaker 10: to fork up any cash, what are they going to do?

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Speaker 10: Pull the pin and walk away. They've got to do something.

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Speaker 10: So it's a one year deal and they work from there.

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Speaker 10: It's a pretty tough gig, right, It is really hard.

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Speaker 3: Actually, I want to talk about netball a little bit

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Speaker 3: more later onto the show. Talk to me about school

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Speaker 3: sport and Z banning the year four teams blanket ban,

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Speaker 3: which I think is a little harsh because in some

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Speaker 3: cases there will be a good case for somebody to

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Speaker 3: come back and finish their year thirteen.

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Speaker 10: But do they have to play sport?

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Speaker 3: What do you think do you think when when you

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Speaker 3: when you're a year fourteen? What if what if they

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Speaker 3: what if they're a kid who was advanced, like Clever,

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Speaker 3: advanced through the years. So is year twelve age playing

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Speaker 3: at year thirteen, but they want to play with their

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Speaker 3: age brackets, so they stay back another year.

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Speaker 10: Okay, that might be an excuse. I'm sure there's reason.

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Speaker 10: I'm going to be talking about that tonight on this show.

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Speaker 3: Then year capture.

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Speaker 10: I think when you look at a number of athletes

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Speaker 10: at school now, a lot of schools put in this

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Speaker 10: commitment that if you don't do your studies and don't

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Speaker 10: do your work, you're not going to play anyway. So

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Speaker 10: you don't have people repeating that year of school. So

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Speaker 10: if they put conditions parameters around like that, then you

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Speaker 10: don't have that problem, right, But I think mainly it's

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Speaker 10: pointed at schools who are in essence cheating.

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Speaker 3: Oh no, I totally agree. I just think blanket bands

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Speaker 3: are too inflexible. Right, there will be things.

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Speaker 10: It's very it's very tough. Yeah, it's very tough, and

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Speaker 10: I think you've got to look after the MENI and

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Speaker 10: you make those laws based on the MENI not.

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Speaker 3: The fut good stuff. Listen and very quickly you've got

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Speaker 3: Lima on top.

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Speaker 10: Eight years coming back to play with the mulus. We'll

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Speaker 10: have a good chat to Lima. Well, I actually have

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Speaker 10: already to tell the truth. He's a top bloke. I'm

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Speaker 10: looking forward for everyone to hear that.

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Speaker 3: Thanks Dars Darcy Watergrave Sports Talk Post. He'll be back

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Speaker 3: at seven this evening, four twenty.

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Speaker 9: Three, getting the facts discarding the fluff.

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Speaker 2: It's Heather Duplicy.

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Speaker 9: Ellen drive with one New Zealand let's get connected news

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Speaker 9: talks that'd be hither.

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Speaker 3: I'm a seventy seven year old man and I love

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Speaker 3: watching netball. You know what we're all thinking now? No? Sorry, sorry,

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Speaker 3: the game is a lot faster. I had nowhere near

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Speaker 3: the frustrated constant stoppages and rugby while they consult the

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Speaker 3: video if I do watch rugby and league and several

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Speaker 3: other sports. Stephen, thank you. Sorry, sorry, that's what we

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Speaker 3: all think about boys watching netble though, isn't it actually?

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Speaker 3: Look I do have I have a question for you

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Speaker 3: on netball, which is why why is it that we're

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Speaker 3: not watching? As I've got some theories, but I'm going

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Speaker 3: to deal with it later on because otherwise we're just

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Speaker 3: going to be just like way too much netball chat

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Speaker 3: right now, very quick update on Air New Zealand just

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Speaker 3: appointed the new CEO, Nikil Ravashanka, who's currently the Chief

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Speaker 3: Digital Officer. Now this is not really a surprise, and

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Speaker 3: you can tell it's not a surprise because the shares

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Speaker 3: haven't moved it basically at all. Today. Had been widely

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Speaker 3: tipped to replace Greg four and actually had been the

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Speaker 3: guy that Greg Foran was apparently, you know, basically backing

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Speaker 3: within within the business. This is an industry rumor. So

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Speaker 3: it's a bit naughty of me to tell you this

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Speaker 3: because I don't know that it's true, But bugger it,

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Speaker 3: why not let's go for it. Remember it's all conspiracy

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Speaker 3: theories are all go now that Epstein's Epstein's become a thing.

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Speaker 3: Rumor has it that the guy who's running Air New

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Speaker 3: Zealand India, you know he's a Kiwi, that he was

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Speaker 3: actually in the running become the Air New Zealand CEO.

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Speaker 3: But then he ballsed up his statement after the crash.

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Speaker 3: Remember that when they had the crash, which of course

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Speaker 3: was the first thing that probably put a dent in

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Speaker 3: his chances. Then the second thing is he got up

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Speaker 3: there and he said I'm really sorry and did the

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Speaker 3: sorry statement that basically was a rip off of somebody

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Speaker 3: else's sorry statement and at that point out of the

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Speaker 3: running anyway. So Nicol Rafashank is the guy has been appointed,

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Speaker 3: quite well liked, decisive, good emotional intelligence, not great in

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Speaker 3: a media interview, which is a problem for a New

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Speaker 3: Zealand because they really rely, like they have relied so

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Speaker 3: heavily on their CEOs in the past, think Rob Fife,

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Speaker 3: you know, being great in the media, Nicol like really

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Speaker 3: is not great, which is probably why he's doing no

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Speaker 3: interviews today. But anyway, he's got it. What's more important

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Speaker 3: being great in the media or raking it absolutely shed

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Speaker 3: loads of money because you're the CEO. Well done to him.

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Speaker 3: We'll talk about that later on Headline's next.

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Speaker 9: Putting the challenging questions to the people at the heart

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Speaker 9: of the story. It's hither duplicy Ellen drive with one

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Speaker 9: New Zealand, let's get connected news talks'd been two nobody knows.

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Speaker 3: Parisova is going to be a US and ten minutes

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Speaker 3: time and Dan Michiinson is standing by hither We bilited

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Speaker 3: a man last week who was a year fourteen who

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Speaker 3: was playing first fifteen rugby. He also worked as a

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Speaker 3: bouncer at a nightclub and he was playing against some

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Speaker 3: sixteen year old. Due to our school being small and

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Speaker 3: therefore not a huge selection of players, it's not right.

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Speaker 3: Bring on the ban. Yeah, I can see the argument, there,

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Speaker 3: can't you. Twenty four away from.

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Speaker 9: Five, it's the world wires on news talks, they'd be drive.

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Speaker 3: UK Prime Minister Sukiya Stama is ramping up the pressure

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Speaker 3: on Israel.

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Speaker 12: The UK well recognized the State of Palestine by the

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Speaker 12: United Nations General Assembly in September unless the Israeli government

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Speaker 12: takes substantive steps to end the appalling situation in Gaza.

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Speaker 3: So fourteen countries, including Australia and New Zealand have signed

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Speaker 3: a declaration saying they're willing to discuss to consider recognizing Palestine.

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Speaker 3: Here's elbow.

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Speaker 13: People who are friends of Israel have to be able

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Speaker 13: to say what you are doing is losing support.

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Speaker 3: Trump has been saying weird stuff about Jeffrey Epstein again.

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Speaker 3: He told media on Air Force one that Epstein poached

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Speaker 3: female staff from his spa, possibly including Virginia Gufray.

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Speaker 14: He stole her and by the way, she had no

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Speaker 14: complaints about us, as you know, none whatsoever.

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Speaker 3: And finally, some monkeys have set up an organized crime

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Speaker 3: group in a temple in Bali. The macaque steal phones

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Speaker 3: and wallets and valuables from tourists and then the rants

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Speaker 3: and them back to their owners in exchange for food.

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Speaker 3: Temple management has tried and failed to shut the operation down.

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Speaker 3: The local monkey handlers will often help tourists negotiate with

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Speaker 3: the monkeys for the return of their stolen goods.

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Speaker 9: International Correspondence with Ends and Eye Insurance Peace of Mind

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Speaker 9: for New Zealand Business.

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Speaker 3: Dan Mitchison, US Correspondents with US Hello Dan, Hello, he So,

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Speaker 3: how's your tsunami watch going? Have you got a problem?

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Speaker 15: Well, I personally don't. Much of the California coastal area does,

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Speaker 15: at least tonight. We have an a point eight to

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Speaker 15: magnitude quake that struck near Russia a few hours ago.

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Speaker 15: So we've got a tsunami advisory and warnings for parts

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Speaker 15: of California and Hawaii and Alaska. And this will probably

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Speaker 15: hit about eight o'clock your time, So maybe about one

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Speaker 15: o'clock in the morning our time.

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Speaker 2: Hawaii, they're scrambling.

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Speaker 15: I'll tell you that the traffic there that the people

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Speaker 15: trying to get off the beaches and higher ground. They're

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Speaker 15: telling people go to higher ground, go vertical. The traffic jams,

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Speaker 15: as you can imagine in the gridlock when you're on

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Speaker 15: an island and so many people are living along the coast,

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Speaker 15: is just terrible.

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Speaker 3: At this point, how long have they gone.

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Speaker 15: About for Hawaii, I believe it's probably less than two hours.

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Speaker 15: For most of the California coastline and Alaska, they're looking

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Speaker 15: at about another three to four hours. Waves I mean

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Speaker 15: three to four feet maybe here they're going to be

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Speaker 15: a lot bigger though along some of the coastal areas

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Speaker 15: of hawais In Japan and Guam, they're saying they could

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Speaker 15: be anywhere from five to nine feet possible. And you know,

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Speaker 15: these are a series of waves and surges, so they

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Speaker 15: may not look overly impressive. You could say, well, three

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Speaker 15: foot wave, that's not much, but when you get that

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Speaker 15: kind of surge and there, it can causant damage.

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Speaker 3: Yeah, absolutely all right, we'll keeping eye on that. Hey,

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Speaker 3: do you see that shoes were in New York left

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Speaker 3: of notes saying that playing football gave him CTE.

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Speaker 15: Yeah, there's a lot of dots that need connecting to this.

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Speaker 15: I mean, he left the note saying that he apparently

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Speaker 15: was a great football player that went to school high

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Speaker 15: school in California. And then he walks into the headquarters

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Speaker 15: of the NFL and shoots four people. And they're saying, well,

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Speaker 15: how can something like this happen? I mean with a

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Speaker 15: security I mean, they've got a deputy that was working

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Speaker 15: now as a security officer off duty at the time.

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Speaker 15: He went into an elevator and he went up to

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Speaker 15: the thirty third floor, And so that's rattling a lot

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Speaker 15: of companies over here saying that how can something this

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Speaker 15: easy happen when you've got switched security these days? And

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Speaker 15: I don't know if that's a question that we can

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Speaker 15: really answer. Right now, A lot of companies are starting

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Speaker 15: to install these artificial intelligence video surveillance software so they

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Speaker 15: can look for anybody that is approaching your building that

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Speaker 15: has a weapon, and as soon as they see that,

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Speaker 15: it'll trigger the building to go into a lockdown mode

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Speaker 15: or for the elevators to you know, all of a

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Speaker 15: sudden shut down. But again I don't think we're there

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Speaker 15: yet with a lot of businesses.

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Speaker 16: So did he.

438
00:20:27,160 --> 00:20:30,520
Speaker 3: Actually make it into the NFL's offices because he died

439
00:20:30,640 --> 00:20:32,840
Speaker 3: what was a floor above or a floor.

440
00:20:32,560 --> 00:20:35,280
Speaker 2: Below, a floor above?

441
00:20:35,320 --> 00:20:37,080
Speaker 15: I believe he was on the And they're saying that

442
00:20:37,119 --> 00:20:40,000
Speaker 15: he got into the wrong elevator and that's why he

443
00:20:40,119 --> 00:20:42,040
Speaker 15: ended up so high up on the thirty third floor.

444
00:20:42,160 --> 00:20:45,160
Speaker 15: That's not where he was. He was intending to go

445
00:20:45,280 --> 00:20:48,720
Speaker 15: right now, had he gotten to where he was going,

446
00:20:48,760 --> 00:20:52,720
Speaker 15: and we don't yet know exactly where that was, I mean,

447
00:20:52,800 --> 00:20:54,680
Speaker 15: there could have been a lot more fatalities.

448
00:20:55,640 --> 00:20:57,679
Speaker 3: Now, give me a scenes check on how all of

449
00:20:57,720 --> 00:20:59,879
Speaker 3: the stuff is going for Donald Trump re Epstein at

450
00:20:59,880 --> 00:21:01,240
Speaker 3: the moment. Is he in trouble or not.

451
00:21:03,840 --> 00:21:07,040
Speaker 15: The President is still trying to push this to the

452
00:21:07,080 --> 00:21:09,160
Speaker 15: back burner of the news cycle right now. But as

453
00:21:09,160 --> 00:21:11,159
Speaker 15: you heard in the World wires there, I mean, it

454
00:21:11,240 --> 00:21:13,800
Speaker 15: is kind of confusing. He's saying that Epstein stole these

455
00:21:13,840 --> 00:21:16,040
Speaker 15: young women from him, and we're not kind of sure

456
00:21:16,040 --> 00:21:18,199
Speaker 15: what he's doing. I mean, he started talking about this

457
00:21:18,240 --> 00:21:21,720
Speaker 15: the other day when he was in Scotland, and he

458
00:21:21,760 --> 00:21:24,200
Speaker 15: had said he had banned Epstein from his private club

459
00:21:24,200 --> 00:21:26,760
Speaker 15: in Florida two decades ago on the White House originally

460
00:21:26,800 --> 00:21:29,960
Speaker 15: said that Trump had banned him because he was acting

461
00:21:30,080 --> 00:21:32,880
Speaker 15: like a creep. But now the story's kind of changing,

462
00:21:33,000 --> 00:21:35,880
Speaker 15: isn't it. And we've got that, And at the same time,

463
00:21:35,920 --> 00:21:38,360
Speaker 15: we've got him saying that the Wall Street Journal wants

464
00:21:38,400 --> 00:21:42,680
Speaker 15: to settle this, this defamation lawsuit that he filed after

465
00:21:43,119 --> 00:21:47,400
Speaker 15: they reported that Trump allegedly sent Epstein a letter. So yeah,

466
00:21:47,440 --> 00:21:49,520
Speaker 15: there's just I think this is just taking up too

467
00:21:49,560 --> 00:21:51,680
Speaker 15: much of his time and it seems to be wearing

468
00:21:51,720 --> 00:21:53,200
Speaker 15: on him quite honestly a little bit.

469
00:21:53,240 --> 00:21:55,560
Speaker 3: Is he putting enough space between himself and it? Or

470
00:21:55,640 --> 00:21:58,040
Speaker 3: is he you know what I mean? Like people him

471
00:21:58,080 --> 00:22:01,280
Speaker 3: talking about it is almost I feel as if him

472
00:22:01,320 --> 00:22:04,359
Speaker 3: explaining things is working in his favor and that he

473
00:22:04,440 --> 00:22:07,040
Speaker 3: is managing to put some space between himself and Epstein.

474
00:22:07,080 --> 00:22:08,000
Speaker 3: Am I reading it wrong?

475
00:22:09,119 --> 00:22:09,199
Speaker 6: No?

476
00:22:09,359 --> 00:22:11,080
Speaker 15: I think you're right. I think that's what he's trying

477
00:22:11,080 --> 00:22:13,080
Speaker 15: to do. I think originally he was trying to ignore

478
00:22:13,080 --> 00:22:15,600
Speaker 15: it and put it on the back burner. Now he

479
00:22:15,720 --> 00:22:18,000
Speaker 15: still wants it on the back burner, but he's saying, Okay,

480
00:22:18,160 --> 00:22:20,359
Speaker 15: let's be a little bit more proactive about this. Let's

481
00:22:20,359 --> 00:22:22,280
Speaker 15: try to get a lot of transparency out of there.

482
00:22:22,560 --> 00:22:25,160
Speaker 15: But no matter what he says, I think it's still

483
00:22:25,240 --> 00:22:28,359
Speaker 15: kind of not going in the direction that he's hoping

484
00:22:28,400 --> 00:22:30,720
Speaker 15: it will go, and it's still sort of taking away

485
00:22:30,720 --> 00:22:34,119
Speaker 15: from a lot of his agenda that he's trying to do,

486
00:22:34,200 --> 00:22:37,600
Speaker 15: whether he's in over in the UK or Scotland or

487
00:22:37,640 --> 00:22:39,600
Speaker 15: trying to make these these deals with Congress.

488
00:22:39,760 --> 00:22:42,040
Speaker 3: Good stuff, Dan, appreciate your time chatting in a couple

489
00:22:42,080 --> 00:22:45,200
Speaker 3: of days. It's Dan Mitchin's and US correspondenthither. It's thirty

490
00:22:45,240 --> 00:22:47,679
Speaker 3: minutes away in Hawaii, Brian, you're actually right, thank you

491
00:22:47,680 --> 00:22:49,960
Speaker 3: for that. I just double checked it. Estimated time of

492
00:22:50,040 --> 00:22:53,719
Speaker 3: arrival is sevent ten. This is the tsunami and Hawaii

493
00:22:53,720 --> 00:22:56,239
Speaker 3: is seven ten. Right now it's twenty to seven, so

494
00:22:56,280 --> 00:22:57,640
Speaker 3: in about half of so ten past five.

495
00:22:57,640 --> 00:22:58,000
Speaker 6: Our time.

496
00:22:58,000 --> 00:22:59,920
Speaker 3: Will let you know how it goes once we get

497
00:23:00,040 --> 00:23:01,440
Speaker 3: bit of an idea of what's going on there. Eighteen

498
00:23:01,440 --> 00:23:04,960
Speaker 3: away from five, so we've got nothing to fear from,

499
00:23:05,000 --> 00:23:07,080
Speaker 3: you know, Australia having a crack at the space industry,

500
00:23:07,080 --> 00:23:10,240
Speaker 3: at least rocket Lab doesn't. Because an Australian space company

501
00:23:10,280 --> 00:23:12,800
Speaker 3: tried today to launch an orbital rocket in Queensland.

502
00:23:12,920 --> 00:23:21,399
Speaker 5: It's going, it's going, it's going, it's going. Okay, it's hovering,

503
00:23:21,440 --> 00:23:24,760
Speaker 5: it's hovering, it's hovering, it's hovering. It's gone.

504
00:23:25,480 --> 00:23:28,119
Speaker 10: It's gone.

505
00:23:28,240 --> 00:23:31,640
Speaker 5: Ah No, it didn't go.

506
00:23:32,560 --> 00:23:37,440
Speaker 3: We'd a gay. What happened is look to be fair

507
00:23:37,440 --> 00:23:39,680
Speaker 3: to them, to be fair to them. The rocket had

508
00:23:39,680 --> 00:23:41,480
Speaker 3: been sitting on the pad for eighteen months. It's an

509
00:23:41,520 --> 00:23:43,760
Speaker 3: old one, they say, so they knew what went wrong. Basically,

510
00:23:43,800 --> 00:23:45,600
Speaker 3: what happened does it sort of goes up and then

511
00:23:45,640 --> 00:23:47,800
Speaker 3: it goes but sideways do not? Really what you want

512
00:23:47,800 --> 00:23:50,760
Speaker 3: with a rocket is it's gone up, Blu went sideways

513
00:23:50,760 --> 00:23:53,800
Speaker 3: and it's just like it's a little it's a little

514
00:23:53,800 --> 00:23:58,119
Speaker 3: bit of a bit of fire. Came back down again,

515
00:23:58,680 --> 00:24:02,840
Speaker 3: they say in a statement. Space is hard, and they

516
00:24:02,840 --> 00:24:04,919
Speaker 3: made it look like that. Seventeen away from.

517
00:24:04,800 --> 00:24:09,040
Speaker 9: Five politics with centrics, credit check your customers and get payments.

518
00:24:08,720 --> 00:24:12,200
Speaker 3: Certainty barriers in your political correspondence with us. Now, how Barry,

519
00:24:12,359 --> 00:24:14,520
Speaker 3: good afternoon. How are we not following the UK in

520
00:24:14,600 --> 00:24:16,160
Speaker 3: recognizing Palestine as a state.

521
00:24:16,480 --> 00:24:20,280
Speaker 11: Well, we will eventually, I mean clearly. Winston Peter's made

522
00:24:20,280 --> 00:24:23,480
Speaker 11: that clear right from the beginning that the two state

523
00:24:23,600 --> 00:24:27,480
Speaker 11: solution is the end should be the end result. But

524
00:24:27,560 --> 00:24:30,879
Speaker 11: of course in the meantime, this dreadful situation has happened

525
00:24:30,880 --> 00:24:36,280
Speaker 11: in Gaza, and the problem with it is that it's

526
00:24:36,320 --> 00:24:40,240
Speaker 11: seen as using Palestine as a bargaining chip. And I

527
00:24:40,240 --> 00:24:43,560
Speaker 11: guess in a way that's what is happening. But look,

528
00:24:43,840 --> 00:24:47,879
Speaker 11: label was asking Winston Peters in the house this afternoon

529
00:24:48,280 --> 00:24:52,280
Speaker 11: why we weren't following the British example. Peter's found himself

530
00:24:52,320 --> 00:24:56,120
Speaker 11: agreeing with Simon Court. That's from the act party when

531
00:24:56,119 --> 00:24:57,760
Speaker 11: it comes to recognizing Palestine.

532
00:24:57,800 --> 00:25:00,359
Speaker 14: If we are recognized the said of Palestine, to know

533
00:25:00,480 --> 00:25:04,840
Speaker 14: that what we are recognizing is a legitimate, representative, viable

534
00:25:04,960 --> 00:25:05,919
Speaker 14: political entity.

535
00:25:06,160 --> 00:25:10,560
Speaker 17: We're recognizing the state of Palestine before Hamas's return the

536
00:25:10,600 --> 00:25:15,240
Speaker 17: hostages and laid down their weapons constitute a reward for

537
00:25:15,359 --> 00:25:16,359
Speaker 17: exit terrorism.

538
00:25:16,680 --> 00:25:19,680
Speaker 14: That's most likely how it'll be interpreted. That very condition

539
00:25:19,960 --> 00:25:22,000
Speaker 14: is part of the request that we are making by

540
00:25:22,040 --> 00:25:24,800
Speaker 14: way of demands that they give it back to the hostages.

541
00:25:25,000 --> 00:25:28,400
Speaker 11: See, and there's no way Palestine could ever be recognized

542
00:25:28,840 --> 00:25:31,760
Speaker 11: whilst the hostages are there. And I don't And so

543
00:25:31,880 --> 00:25:34,480
Speaker 11: Kis Starmer is not saying that either. He's saying there's

544
00:25:34,480 --> 00:25:37,440
Speaker 11: got to be a cessation of what's going on from

545
00:25:37,480 --> 00:25:38,440
Speaker 11: the Israeli side.

546
00:25:38,640 --> 00:25:40,600
Speaker 3: Yes, so what you're saying is k one are Kiir

547
00:25:40,640 --> 00:25:44,480
Speaker 3: Starmer's I guess contingencies for this is not that the

548
00:25:44,480 --> 00:25:47,840
Speaker 3: hostages are back. Well, it's only forcing Israel's hand, Yes

549
00:25:47,840 --> 00:25:50,680
Speaker 3: it is. Yeah, that's fair enough. I do understand that. Okay,

550
00:25:50,720 --> 00:25:53,080
Speaker 3: So what's Willie Jackson got to say about these changes

551
00:25:53,080 --> 00:25:54,240
Speaker 3: to ELECTRONA.

552
00:25:54,320 --> 00:25:57,400
Speaker 11: You'll never die not knowing what Willie Jackson thinks? Will

553
00:25:57,400 --> 00:26:03,359
Speaker 11: you really, as usual left in any doubt about Willie

554
00:26:03,440 --> 00:26:06,440
Speaker 11: Jackson what he thought about the changes, particularly the one

555
00:26:06,480 --> 00:26:10,000
Speaker 11: requiring people to enroll thirteen days out from an election.

556
00:26:10,240 --> 00:26:15,920
Speaker 11: Jackson called the coalition government rotten and a useless government.

557
00:26:16,600 --> 00:26:19,200
Speaker 11: Well that was the starters before he launched into entire

558
00:26:19,320 --> 00:26:21,320
Speaker 11: rade about what he really thought.

559
00:26:21,520 --> 00:26:24,320
Speaker 16: Never before in my political life have I seen a

560
00:26:24,359 --> 00:26:29,520
Speaker 16: New Zealand government actively suppressed the vote. I rise today

561
00:26:29,600 --> 00:26:33,240
Speaker 16: to heap criticism and contempt upon the government for passing

562
00:26:33,600 --> 00:26:37,720
Speaker 16: voter suppression rules as egregious as this, and it's racist,

563
00:26:37,720 --> 00:26:42,080
Speaker 16: this enfranchisement. I don't know what's more offensive, the gerrymandering

564
00:26:42,119 --> 00:26:45,320
Speaker 16: of our voting rules to wreck the election or the

565
00:26:45,400 --> 00:26:49,840
Speaker 16: Deputy Prime Minister referring to six hundred thousand people as

566
00:26:49,960 --> 00:26:54,240
Speaker 16: drum kicks. Every key of conscience, no matter what their

567
00:26:54,240 --> 00:26:59,080
Speaker 16: political persuasion, should denounce this and denounce mister Seymour, I

568
00:26:59,200 --> 00:27:01,160
Speaker 16: said before, and I say that again is the most

569
00:27:01,240 --> 00:27:05,440
Speaker 16: dangerous politician of the last generation. And surely mister Speaker

570
00:27:05,760 --> 00:27:08,880
Speaker 16: not only a disgrace as a Deputy Prime Minister, but

571
00:27:09,000 --> 00:27:12,240
Speaker 16: surely the biggest rock kick of all.

572
00:27:14,640 --> 00:27:18,199
Speaker 11: Like guys say, you're never left thinking or wondering what

573
00:27:18,280 --> 00:27:19,520
Speaker 11: Willie Jackson is thing?

574
00:27:19,640 --> 00:27:22,879
Speaker 3: Go with everything there? Jackson thinks it's a disgrace. Okay,

575
00:27:22,960 --> 00:27:25,560
Speaker 3: So what do you make of Keiwi Bank being partially privatized.

576
00:27:25,640 --> 00:27:28,879
Speaker 11: Yes, it's interesting, isn't it, Because look, the under capitalization

577
00:27:28,960 --> 00:27:31,440
Speaker 11: of Kiwi Bank means that it's a bit player when

578
00:27:31,480 --> 00:27:34,919
Speaker 11: it comes to the four big Australian banks. And I

579
00:27:34,960 --> 00:27:37,520
Speaker 11: think it's a great move that you know, this bank

580
00:27:37,600 --> 00:27:40,840
Speaker 11: is going to be a bank to be more reckoned with,

581
00:27:40,960 --> 00:27:44,359
Speaker 11: although to take on those Big four is going to

582
00:27:44,400 --> 00:27:48,320
Speaker 11: be really difficult. But the government will still own fifty

583
00:27:48,320 --> 00:27:52,320
Speaker 11: one percent of the bank minimally, and so it means

584
00:27:52,320 --> 00:27:56,920
Speaker 11: that it still will be a government bank to an extent.

585
00:27:57,359 --> 00:28:00,200
Speaker 11: But the interesting thing to me is that the bank

586
00:28:00,320 --> 00:28:05,119
Speaker 11: is run by Kiwi Group Capital. Now the chair of

587
00:28:05,160 --> 00:28:10,320
Speaker 11: that is David MacLean, who is the former see of Westpac.

588
00:28:10,680 --> 00:28:14,040
Speaker 11: And there's always been an argument as to Kiwi back

589
00:28:14,119 --> 00:28:17,120
Speaker 11: never being big enough to do the government's business. And

590
00:28:17,480 --> 00:28:20,040
Speaker 11: west Pack has got that job and has had that

591
00:28:20,240 --> 00:28:22,840
Speaker 11: job since nineteen eighty nine when it was given to

592
00:28:22,920 --> 00:28:26,600
Speaker 11: it by Roger Douglass. Before that, interestingly, it was the

593
00:28:26,640 --> 00:28:29,800
Speaker 11: Bank of New Zealand and of course we flogged that

594
00:28:29,840 --> 00:28:32,359
Speaker 11: off to the Australian so it's no longer ours, so

595
00:28:32,400 --> 00:28:34,719
Speaker 11: they didn't do the job. But it's a massive jobs,

596
00:28:35,040 --> 00:28:39,640
Speaker 11: from paying benefits to you know, looking after public service salaries.

597
00:28:39,880 --> 00:28:42,120
Speaker 11: So you can imagine what west Pac is making out

598
00:28:42,160 --> 00:28:45,720
Speaker 11: of this contract. And I think it's good that David

599
00:28:45,800 --> 00:28:48,360
Speaker 11: McLain is the man that will be at the center

600
00:28:48,440 --> 00:28:53,200
Speaker 11: of this bid to get what five hundred million dollars

601
00:28:53,560 --> 00:28:57,200
Speaker 11: into the bank. And you know who knows. Further down

602
00:28:57,240 --> 00:29:01,200
Speaker 11: the track we may see this bank coming the official banker,

603
00:29:01,240 --> 00:29:04,560
Speaker 11: and it should be the government owns that the Australians don't.

604
00:29:04,840 --> 00:29:07,120
Speaker 11: Why shouldn't we have them as our banker?

605
00:29:07,440 --> 00:29:08,320
Speaker 3: You use it, don't you?

606
00:29:08,880 --> 00:29:11,920
Speaker 11: I most certainly do loyal to New zeal.

607
00:29:11,800 --> 00:29:13,920
Speaker 3: Yeah, and how do you find their service nowadays?

608
00:29:14,080 --> 00:29:16,080
Speaker 11: Absolutely magnificently.

609
00:29:16,120 --> 00:29:16,280
Speaker 2: Yeah.

610
00:29:16,280 --> 00:29:17,560
Speaker 3: I don't believe a word coming out of your mouth.

611
00:29:17,600 --> 00:29:20,520
Speaker 3: Okay Bury. So for senior political correspondent, Right, well, we'll

612
00:29:20,520 --> 00:29:22,640
Speaker 3: get that chat about netball going next day. Let's talk

613
00:29:22,640 --> 00:29:23,720
Speaker 3: about it nine away from five.

614
00:29:24,640 --> 00:29:29,000
Speaker 9: Putting the tough question to the newspeakers, the mic asking breakfast.

615
00:29:28,560 --> 00:29:31,040
Speaker 2: Well, it hunts on for savings for next year's budget already.

616
00:29:31,120 --> 00:29:32,920
Speaker 2: David C. Moore's the Associate of Finance Minister.

617
00:29:33,000 --> 00:29:34,239
Speaker 10: This year's trick was four point eight.

618
00:29:34,320 --> 00:29:36,000
Speaker 2: A lot of it was the pay equity. Is there

619
00:29:36,040 --> 00:29:39,200
Speaker 2: another big money pile there? Or is this we down

620
00:29:39,240 --> 00:29:40,080
Speaker 2: to rats and mice?

621
00:29:40,240 --> 00:29:42,400
Speaker 18: Well, people will call it rats and mice, but there's

622
00:29:42,400 --> 00:29:44,560
Speaker 18: an old saying, if you managed the penance, the towns

623
00:29:44,560 --> 00:29:47,480
Speaker 18: will look after themselves. We find that sometimes there's a

624
00:29:47,560 --> 00:29:49,760
Speaker 18: program that actually a lot of people didn't know about

625
00:29:49,760 --> 00:29:51,360
Speaker 18: that it was spending a lot of money. We find

626
00:29:51,400 --> 00:29:54,840
Speaker 18: that there's an agency that's growing exponentially over the last

627
00:29:54,880 --> 00:29:56,760
Speaker 18: five or six years and no one's quite sure what

628
00:29:56,800 --> 00:29:58,440
Speaker 18: it was that they were doing, so they didn't call

629
00:29:58,440 --> 00:30:01,160
Speaker 18: it rats and mice. I call it a constant drive

630
00:30:01,200 --> 00:30:01,960
Speaker 18: for efficiency.

631
00:30:02,280 --> 00:30:05,040
Speaker 13: Back tomorrow at six am the Mike Hosking Breakfast with

632
00:30:05,120 --> 00:30:06,960
Speaker 13: Mayley's Real Estate News Talk ZIV.

633
00:30:08,600 --> 00:30:11,239
Speaker 3: Listen Over in Australia, what's going on is, Oh, by

634
00:30:11,280 --> 00:30:15,040
Speaker 3: the way, we're fifteen minutes away from the tsunami hitting Hawaii,

635
00:30:15,080 --> 00:30:17,440
Speaker 3: so we'll keep you posted on that. So over in Australia,

636
00:30:17,480 --> 00:30:19,480
Speaker 3: what's going on? You know that they're moving to ban

637
00:30:19,600 --> 00:30:21,800
Speaker 3: the social media from the kids under sixteen and stuff.

638
00:30:21,840 --> 00:30:24,200
Speaker 3: They have now just included YouTube and that they've decided

639
00:30:24,200 --> 00:30:26,080
Speaker 3: they're going to put that in the mix as well,

640
00:30:26,120 --> 00:30:29,600
Speaker 3: along with Twitter and Instagram and Facebook and snapchat and

641
00:30:29,600 --> 00:30:35,600
Speaker 3: TikTok and all the other stuff. And I don't know

642
00:30:35,640 --> 00:30:38,200
Speaker 3: how I feel about this, because I one hundred percent

643
00:30:38,240 --> 00:30:40,680
Speaker 3: I'm all about banning the kids from the social media, right,

644
00:30:40,920 --> 00:30:44,000
Speaker 3: I'm one hundred percent committed to that. But YouTube feels

645
00:30:44,000 --> 00:30:45,640
Speaker 3: different to me? Does it not feel different to you?

646
00:30:46,120 --> 00:30:48,240
Speaker 3: It feels different because I can't see any value in

647
00:30:48,280 --> 00:30:50,640
Speaker 3: kids being on TikTok or Instagram at that age, but

648
00:30:50,680 --> 00:30:52,880
Speaker 3: I can see value in kids being able to access

649
00:30:52,920 --> 00:30:56,360
Speaker 3: the YouTube because I mean, you know, like somebody said

650
00:30:56,360 --> 00:30:58,960
Speaker 3: today to one of us, somebody said it to me.

651
00:30:59,000 --> 00:31:00,960
Speaker 3: They were like, if you quite understand how to do

652
00:31:01,000 --> 00:31:03,920
Speaker 3: the science experiment, you just search on YouTube. You're gonna

653
00:31:03,920 --> 00:31:05,800
Speaker 3: find some nerd who can explain it to you. So

654
00:31:05,840 --> 00:31:07,400
Speaker 3: there are some value for kids in that, you know.

655
00:31:07,520 --> 00:31:10,400
Speaker 3: I think there's some there's some learning that can happen there. Anyway,

656
00:31:10,720 --> 00:31:13,480
Speaker 3: we'll have a chat to Cecilia Robinson's. She's part of

657
00:31:13,480 --> 00:31:16,600
Speaker 3: the group called Before sixteen campaigning for it here in

658
00:31:16,600 --> 00:31:18,440
Speaker 3: New Zealand. She's going to be with us quarter past five,

659
00:31:18,480 --> 00:31:20,560
Speaker 3: so we'll get her take on it now. Four away

660
00:31:20,560 --> 00:31:24,600
Speaker 3: from five. Netball hither, You're comment about men watching netball

661
00:31:24,680 --> 00:31:28,200
Speaker 3: was disgusting, No wonder men don't openly talk about apologize.

662
00:31:28,200 --> 00:31:30,600
Speaker 3: I apologize up and look what happened was somebody sent

663
00:31:30,640 --> 00:31:32,600
Speaker 3: me a text on the text machine and it was

664
00:31:32,600 --> 00:31:34,880
Speaker 3: a man saying I watched netball because of the short skirts,

665
00:31:35,040 --> 00:31:36,719
Speaker 3: and I just went there on my head. So I

666
00:31:36,720 --> 00:31:39,760
Speaker 3: apologize unreservedly. But it does bring us back to the

667
00:31:39,800 --> 00:31:43,520
Speaker 3: netball thing, right, why don't we watch netball? Because and

668
00:31:43,560 --> 00:31:46,160
Speaker 3: I'm trying to I'm trying to understand this. If netball

669
00:31:46,280 --> 00:31:49,720
Speaker 3: is having to literally pay right now to get its

670
00:31:49,720 --> 00:31:51,959
Speaker 3: product on TV, as opposed to the old days being

671
00:31:52,040 --> 00:31:54,600
Speaker 3: last year when they were paid, Like any sport gets

672
00:31:54,640 --> 00:31:57,240
Speaker 3: paid for the rights to for a broadcaster to broadcast it,

673
00:31:57,440 --> 00:31:59,480
Speaker 3: netball is having to pay to put it on TV.

674
00:32:00,000 --> 00:32:02,360
Speaker 3: What is going wrong for netball? Because we should all

675
00:32:02,360 --> 00:32:03,680
Speaker 3: be watching it. It should be one of the most

676
00:32:03,760 --> 00:32:05,760
Speaker 3: highly viewed sports in this country, given that it is

677
00:32:05,800 --> 00:32:08,720
Speaker 3: one of the most highly played sports. Right everybody plays

678
00:32:08,760 --> 00:32:10,560
Speaker 3: netball as a kid and then you go off and

679
00:32:10,600 --> 00:32:12,840
Speaker 3: you do you indoor netball after work and stuff. Everybody's

680
00:32:12,880 --> 00:32:14,920
Speaker 3: got everybody's in the netball So why don't we watch it?

681
00:32:15,480 --> 00:32:18,480
Speaker 3: So and I'm asking you this, like, haven't I can't

682
00:32:18,520 --> 00:32:20,160
Speaker 3: figure it out? Obviously none of us can figure it

683
00:32:20,160 --> 00:32:21,840
Speaker 3: out that otherwise they would have fixed it and it

684
00:32:21,840 --> 00:32:24,880
Speaker 3: would be popular. But is the problem that it is

685
00:32:24,920 --> 00:32:27,840
Speaker 3: a women's sports so predominantly the audience apparently are teenage

686
00:32:27,840 --> 00:32:30,440
Speaker 3: girls and moms who are like forty, you know, mums

687
00:32:30,480 --> 00:32:32,920
Speaker 3: and young grannies forty and fifty and stuff. And I

688
00:32:32,960 --> 00:32:34,960
Speaker 3: just wonder if the problem is that when you're at home,

689
00:32:35,280 --> 00:32:36,960
Speaker 3: women are the ones who give up what they want

690
00:32:37,000 --> 00:32:38,760
Speaker 3: to do to keep the peace in the house. So

691
00:32:38,800 --> 00:32:41,760
Speaker 3: if you've got rugby League one versus you know, netball,

692
00:32:42,000 --> 00:32:43,520
Speaker 3: and you want to watch the netball, but the husband

693
00:32:43,520 --> 00:32:45,280
Speaker 3: wants to watch the rugby league. One hundred percent of

694
00:32:45,280 --> 00:32:46,560
Speaker 3: the time, you're just going to go, don't worry, love,

695
00:32:46,600 --> 00:32:48,400
Speaker 3: you watch the rugby leg I don't need to, you

696
00:32:48,440 --> 00:32:50,280
Speaker 3: know what I mean, because I'm cooking that donner anyway.

697
00:32:50,600 --> 00:32:52,360
Speaker 3: So this is why I think in part it doesn't

698
00:32:52,360 --> 00:32:54,680
Speaker 3: get watched. But can I also put it out there

699
00:32:54,720 --> 00:32:56,880
Speaker 3: that part of the problem is that it it's a

700
00:32:56,920 --> 00:33:02,600
Speaker 3: hard watch, like it's really shrill. Those little shoes on

701
00:33:02,640 --> 00:33:04,800
Speaker 3: the netball court, that's a lot, and then the whistle

702
00:33:04,880 --> 00:33:08,640
Speaker 3: back and then the ladies voices are also quite high.

703
00:33:09,280 --> 00:33:12,680
Speaker 3: But then also every other sport when you get the ball,

704
00:33:12,920 --> 00:33:14,800
Speaker 3: you get the ball and you run sept for with

705
00:33:14,880 --> 00:33:16,560
Speaker 3: netball where you get the ball and you stop. So

706
00:33:16,640 --> 00:33:18,280
Speaker 3: it doesn't work as a sport anyway. We'll talk to

707
00:33:18,280 --> 00:33:20,200
Speaker 3: the huddle about it, try to figure it out. Nikola

708
00:33:20,200 --> 00:33:24,560
Speaker 3: willis with us next on Kiwibank newstrimsvor.

709
00:33:28,120 --> 00:33:31,480
Speaker 9: Digging through the spins to find the real story.

710
00:33:31,840 --> 00:33:33,880
Speaker 2: Oring it's Heather du Person.

711
00:33:33,720 --> 00:33:38,280
Speaker 9: Drive with One New Zealand let's get connected news talks.

712
00:33:38,320 --> 00:33:41,640
Speaker 3: That'd be good afternoon, kW We Bank's got permission to

713
00:33:41,680 --> 00:33:44,640
Speaker 3: partially privatize. It's going to raise half a billion dollars

714
00:33:44,680 --> 00:33:47,080
Speaker 3: from investors to better compete with the big Aussie banks.

715
00:33:47,400 --> 00:33:50,840
Speaker 3: Nikola Willis is the Finance minister with us. Hey, Nikola, Hi, Ever,

716
00:33:51,000 --> 00:33:53,080
Speaker 3: so who are you looking at for potential investors?

717
00:33:53,760 --> 00:33:57,680
Speaker 8: Hi? A New Zealand super fund funds in the form

718
00:33:57,720 --> 00:34:01,920
Speaker 8: of can we save funds? Potentially we are MARI Investment

719
00:34:02,320 --> 00:34:07,840
Speaker 8: Entities and other funds that exist in the professional investment

720
00:34:07,880 --> 00:34:09,240
Speaker 8: community in New Zealand.

721
00:34:09,080 --> 00:34:10,440
Speaker 3: And they've already said they're interested.

722
00:34:11,320 --> 00:34:11,560
Speaker 5: Yeah.

723
00:34:11,600 --> 00:34:15,800
Speaker 8: So we've gone through a very comprehensive market sounding process

724
00:34:15,840 --> 00:34:19,000
Speaker 8: over the past few months to see are there people

725
00:34:19,040 --> 00:34:21,600
Speaker 8: who've got the capital and would want to invest, and

726
00:34:21,640 --> 00:34:24,439
Speaker 8: we've engaged with key we sa A funds, investment institutions,

727
00:34:24,440 --> 00:34:27,400
Speaker 8: professional investor groups and the like and that has given

728
00:34:28,520 --> 00:34:32,279
Speaker 8: the Kiwi Bank and the government confidence that yes, this

729
00:34:33,000 --> 00:34:35,799
Speaker 8: is a capital raise that can succeed. And so we're

730
00:34:35,800 --> 00:34:37,800
Speaker 8: now moving to the formal process.

731
00:34:37,840 --> 00:34:40,160
Speaker 3: Why not go bigger than five hundred million? You can

732
00:34:40,160 --> 00:34:41,080
Speaker 3: go a lot bigger than this.

733
00:34:41,880 --> 00:34:45,040
Speaker 8: Yeah, Look, it's a really good question. Actually, Kiwi Bank

734
00:34:45,120 --> 00:34:49,560
Speaker 8: is in the midst of a digital transformation and their

735
00:34:49,640 --> 00:34:55,640
Speaker 8: view is that completing that is actually necessary before they

736
00:34:55,719 --> 00:34:58,840
Speaker 8: go bigger, and in terms of the Crown getting the

737
00:34:58,880 --> 00:35:01,799
Speaker 8: most value for its stake, that we will get more

738
00:35:01,880 --> 00:35:05,160
Speaker 8: value in the future once that transformation has occurred. So

739
00:35:05,520 --> 00:35:08,680
Speaker 8: at this point their ability to deploy more than half

740
00:35:08,680 --> 00:35:11,759
Speaker 8: a billion dollars efficiently would be at risk. So we

741
00:35:11,800 --> 00:35:13,319
Speaker 8: think this is the right bit for where they are

742
00:35:13,320 --> 00:35:14,120
Speaker 8: in their growth chang.

743
00:35:14,000 --> 00:35:16,520
Speaker 3: Okay, And so half a billion dollars means your ownership

744
00:35:16,560 --> 00:35:18,880
Speaker 3: stake as the government is what eighty percent?

745
00:35:18,960 --> 00:35:23,240
Speaker 8: Still Yeah, Look, it will depend on the final issue size.

746
00:35:23,280 --> 00:35:25,440
Speaker 8: We've set up to half a billion, it may not

747
00:35:25,560 --> 00:35:28,719
Speaker 8: be that amount in the end, and of course what

748
00:35:28,960 --> 00:35:32,520
Speaker 8: share of the business that represents will depend on the

749
00:35:32,520 --> 00:35:34,879
Speaker 8: final issue price in the final structure of the deal.

750
00:35:34,960 --> 00:35:37,560
Speaker 8: But we've set up to five hundred million. Is what

751
00:35:37,640 --> 00:35:38,480
Speaker 8: we are up for.

752
00:35:38,880 --> 00:35:41,120
Speaker 3: And what's it going to take to get you to

753
00:35:41,200 --> 00:35:42,720
Speaker 3: list it on the share market?

754
00:35:43,719 --> 00:35:47,319
Speaker 8: Well, again back to this point one. We've said, look,

755
00:35:47,400 --> 00:35:50,440
Speaker 8: let's get an electoral mandate before we do that, and

756
00:35:50,520 --> 00:35:52,799
Speaker 8: so that will be for individual parties to take a

757
00:35:52,840 --> 00:35:55,799
Speaker 8: position at the election. But I've been advised that any

758
00:35:55,840 --> 00:36:00,000
Speaker 8: potential public offering couldn't take place before around twenty twenty eight,

759
00:36:00,160 --> 00:36:03,080
Speaker 8: because Kiwibank will have needed to have successfully completed that

760
00:36:03,120 --> 00:36:07,600
Speaker 8: transformation program to be appropriately positioned for that kind of

761
00:36:07,920 --> 00:36:11,960
Speaker 8: listing on the stock exchange. So that will be something

762
00:36:12,000 --> 00:36:15,200
Speaker 8: that I no doubt National Caucus will consider and take

763
00:36:15,200 --> 00:36:17,280
Speaker 8: a position on prior to the election. But the advice

764
00:36:17,320 --> 00:36:20,759
Speaker 8: I've received is pretty clear that the public markets are

765
00:36:20,760 --> 00:36:23,160
Speaker 8: going to be the most accessible source of additional capital

766
00:36:23,160 --> 00:36:27,520
Speaker 8: for Kewibank in the future. And I'm ambitious for Kiwibank's growth.

767
00:36:27,600 --> 00:36:31,000
Speaker 8: So the idea of extra capital meaning that we get

768
00:36:31,280 --> 00:36:34,480
Speaker 8: more lending, a more competitive bat banking market and textpayers

769
00:36:34,520 --> 00:36:35,960
Speaker 8: aren't on the hook, that appeals to me.

770
00:36:36,080 --> 00:36:36,279
Speaker 2: Yeah.

771
00:36:36,280 --> 00:36:38,799
Speaker 3: Absolutely, Hey do you know what Cash Betel's doing here?

772
00:36:40,680 --> 00:36:40,759
Speaker 19: No?

773
00:36:40,880 --> 00:36:43,800
Speaker 8: I don't, but I am aware of Cash Betel's presence.

774
00:36:43,920 --> 00:36:45,760
Speaker 3: How were you aware of Cash Betel's presence?

775
00:36:46,560 --> 00:36:46,840
Speaker 2: Ah?

776
00:36:46,880 --> 00:36:49,600
Speaker 8: Because there were a bunch of handsome men and suits

777
00:36:49,600 --> 00:36:52,000
Speaker 8: on the seventh floor, and I said, who's in the

778
00:36:52,000 --> 00:36:54,280
Speaker 8: building because these look like very serious people.

779
00:36:54,480 --> 00:36:56,520
Speaker 3: Who's on the seventh floor? Are you on the seventh floor?

780
00:36:57,160 --> 00:36:57,520
Speaker 8: Mm hmm.

781
00:36:57,600 --> 00:36:59,400
Speaker 3: That means when he's on the seventh floor as well,

782
00:36:59,440 --> 00:37:00,960
Speaker 3: doesn't it? So they here to see Winston.

783
00:37:02,400 --> 00:37:05,880
Speaker 8: Well, the only reason I had anything to say and

784
00:37:05,960 --> 00:37:07,759
Speaker 8: answer to your question is because of that. So I'm

785
00:37:07,760 --> 00:37:09,920
Speaker 8: probably being overly open, said.

786
00:37:09,760 --> 00:37:13,120
Speaker 3: Too much, haven't you. You've said too much. Thank you, Nicola.

787
00:37:13,160 --> 00:37:15,560
Speaker 3: I appreciate it. Nikola willis Finance Minister.

788
00:37:15,920 --> 00:37:17,759
Speaker 2: Together, do for see how that?

789
00:37:17,840 --> 00:37:19,960
Speaker 3: By the way, in New Zealand's appointed its new CEO.

790
00:37:20,080 --> 00:37:25,560
Speaker 3: Nickel Ravashanka is the current Chief Digital Officer who's been

791
00:37:25,600 --> 00:37:27,480
Speaker 3: promoted up. He's going to take over in October when

792
00:37:27,480 --> 00:37:30,080
Speaker 3: Greg four And steps down. Andy Bowley is the head

793
00:37:30,120 --> 00:37:34,399
Speaker 3: of research at Full Syth bar Hey, Andy, so well,

794
00:37:34,400 --> 00:37:36,319
Speaker 3: thank you. He seems well like does he? Is he

795
00:37:36,360 --> 00:37:37,080
Speaker 3: a good appointment?

796
00:37:38,360 --> 00:37:38,560
Speaker 2: Oh?

797
00:37:38,920 --> 00:37:42,160
Speaker 20: I think you know, in this kind of situation, when

798
00:37:42,160 --> 00:37:46,400
Speaker 20: you appoint somebody internally, the board know him pretty well,

799
00:37:47,000 --> 00:37:49,839
Speaker 20: know his skill sets and therefore have confidence in him.

800
00:37:50,000 --> 00:37:51,960
Speaker 3: Do you think it's a problem that he hasn't been

801
00:37:52,000 --> 00:37:52,920
Speaker 3: the CEO before.

802
00:37:55,200 --> 00:37:57,560
Speaker 20: I don't think it's necessarily a problem that he hasn't

803
00:37:57,560 --> 00:38:01,120
Speaker 20: been a CEO before. You get plenty of very good

804
00:38:01,200 --> 00:38:05,960
Speaker 20: CEOs that are first time CEOs. I think, in light

805
00:38:06,000 --> 00:38:09,919
Speaker 20: of some of the questions or conversations I've had from

806
00:38:09,960 --> 00:38:15,719
Speaker 20: Air New Zealanders since Greg Forum's resignation was announced. The

807
00:38:15,760 --> 00:38:18,640
Speaker 20: one thing that was repeatedly suggested to me is that

808
00:38:18,680 --> 00:38:23,080
Speaker 20: they need a new CEO with deep airline experience. So

809
00:38:23,120 --> 00:38:25,560
Speaker 20: I think, you know, the bigger question here is probably

810
00:38:25,600 --> 00:38:29,120
Speaker 20: less first time CEO, more around does he have the

811
00:38:29,880 --> 00:38:33,000
Speaker 20: airline experience that many in the business have.

812
00:38:33,640 --> 00:38:36,040
Speaker 3: Well, I mean this is a really good question, right

813
00:38:36,080 --> 00:38:38,560
Speaker 3: because he's not actually an aviation guy, and you could

814
00:38:38,640 --> 00:38:40,239
Speaker 3: argue that the role that he's been playing, which is

815
00:38:40,320 --> 00:38:44,719
Speaker 3: digital officer, is also it's not steeped necessarily in in

816
00:38:44,800 --> 00:38:47,840
Speaker 3: like hardcore aviation. So what do you think?

817
00:38:49,239 --> 00:38:53,680
Speaker 20: Oh, I think Nicky is in a better position than

818
00:38:53,719 --> 00:38:56,719
Speaker 20: Greg was when he comes into the role. You know,

819
00:38:56,760 --> 00:39:01,719
Speaker 20: Greg came into this business fresh into aviation and it

820
00:39:01,760 --> 00:39:04,640
Speaker 20: would have been a very very steep learning curve, not

821
00:39:04,800 --> 00:39:08,720
Speaker 20: least because of the challenges that Greg faced. So Nickiell

822
00:39:08,800 --> 00:39:12,640
Speaker 20: was in a much better situation than Greg was in.

823
00:39:13,080 --> 00:39:17,400
Speaker 20: But again go back to trust the trust the process, trust,

824
00:39:17,520 --> 00:39:22,600
Speaker 20: trust the board in putting forward the best, the best candidate.

825
00:39:23,000 --> 00:39:25,479
Speaker 3: Do you think the fact that he's been appointed would

826
00:39:25,480 --> 00:39:28,760
Speaker 3: suggest that there mustn't have been that much overseas interest

827
00:39:28,800 --> 00:39:29,000
Speaker 3: in it.

828
00:39:29,239 --> 00:39:32,319
Speaker 2: Yeah, I don't. I don't know.

829
00:39:32,440 --> 00:39:37,680
Speaker 20: You know, there's a number of very capable, particularly New Zealanders,

830
00:39:38,160 --> 00:39:42,720
Speaker 20: that are in airline positions globally, and you know typically

831
00:39:42,800 --> 00:39:46,800
Speaker 20: this organization recruits New Zealanders as its CEO.

832
00:39:47,080 --> 00:39:48,160
Speaker 3: And so what do you make of the fact that

833
00:39:48,200 --> 00:39:50,560
Speaker 3: the share prices barely moved today? Was this Bakedan?

834
00:39:53,160 --> 00:39:56,800
Speaker 20: I don't think it's a surprise that has been named CEO.

835
00:39:57,160 --> 00:40:01,160
Speaker 20: I think there's been a reasonable understanding that he was

836
00:40:02,000 --> 00:40:04,800
Speaker 20: one of the leading, if not the leading, internal candidates.

837
00:40:04,800 --> 00:40:08,120
Speaker 20: So in that regard, it's not necessarily a surprise. But

838
00:40:09,719 --> 00:40:12,440
Speaker 20: you know, share prices move on a variety of factors,

839
00:40:12,520 --> 00:40:14,960
Speaker 20: and this will be one factor that has an influence

840
00:40:14,960 --> 00:40:15,920
Speaker 20: on a New Zealand today.

841
00:40:16,120 --> 00:40:17,840
Speaker 3: Andy, good to talk to you. Thank you, Andy Bowley,

842
00:40:18,360 --> 00:40:23,480
Speaker 3: fullsthe bar Keller do so, Cash Pattel? Is that not

843
00:40:23,640 --> 00:40:26,200
Speaker 3: the most key we way to find out that the

844
00:40:26,239 --> 00:40:29,120
Speaker 3: director of the FBI, one of the key players in

845
00:40:29,160 --> 00:40:32,400
Speaker 3: the Epstein controversy that's unwinding at the moment, is in

846
00:40:32,440 --> 00:40:36,920
Speaker 3: New Zealand. Somebody spotted him in the beehive basement, somebody

847
00:40:37,000 --> 00:40:38,920
Speaker 3: spots him in the bee hope and then and then

848
00:40:38,960 --> 00:40:41,000
Speaker 3: you've got the Finance Minister on the radio, go what's

849
00:40:41,000 --> 00:40:42,640
Speaker 3: he doing? He goes, Oh, it's because it's all the

850
00:40:42,680 --> 00:40:45,520
Speaker 3: handsome men around the office. Oh so he was seeing

851
00:40:45,520 --> 00:40:48,719
Speaker 3: Winston Otwops. Shouldn't have said that, No, shouldn't have said that,

852
00:40:48,760 --> 00:40:50,759
Speaker 3: because we text Winston's guy. We were like, oh, what's

853
00:40:50,760 --> 00:40:53,520
Speaker 3: Cash Ptel doing here? And he text back and said

854
00:40:53,600 --> 00:40:56,759
Speaker 3: is he here? Yes, he's Yes.

855
00:40:56,840 --> 00:40:57,479
Speaker 4: He is here.

856
00:40:57,960 --> 00:41:02,840
Speaker 3: He's in your office. A nice try. Anyway, Cash Battal

857
00:41:02,920 --> 00:41:04,600
Speaker 3: is here because we spotted him in the basement. And

858
00:41:04,600 --> 00:41:07,600
Speaker 3: then Nicholas said too much. He's understood to be meeting

859
00:41:07,640 --> 00:41:11,600
Speaker 3: top beehive officials brackets Winston Peters after visiting Hawaii in

860
00:41:11,640 --> 00:41:16,480
Speaker 3: Australia this week the US Center. There's nothing else. That's

861
00:41:16,520 --> 00:41:19,120
Speaker 3: literally all we know. Anyway, Cash is here, yay, welcome

862
00:41:19,160 --> 00:41:21,799
Speaker 3: Cash quarter past Okay, get ready to get yourself by

863
00:41:21,840 --> 00:41:23,960
Speaker 3: the phone or get online because the following deal is

864
00:41:23,960 --> 00:41:26,719
Speaker 3: frankly absurd. This is not going to last and it's

865
00:41:26,719 --> 00:41:28,439
Speaker 3: not hard to see why, because it is a nine

866
00:41:28,480 --> 00:41:31,920
Speaker 3: dollars ninety nine canceled export order Marlborough Savagnon Blanc that

867
00:41:32,040 --> 00:41:34,160
Speaker 3: honestly would be one of the bargain buyers of the

868
00:41:34,239 --> 00:41:36,719
Speaker 3: year and It's available online right now at the Good

869
00:41:36,719 --> 00:41:39,520
Speaker 3: Wine Co. And their website is the Goodwine dot Co

870
00:41:39,640 --> 00:41:43,080
Speaker 3: dot mz. Now the wine is called Riley's Lookout Marlborough

871
00:41:43,120 --> 00:41:45,600
Speaker 3: Savignon Blanc twenty twenty three. And let's just say that

872
00:41:45,640 --> 00:41:49,239
Speaker 3: the quality you're getting here for ten bucks is unbeatable.

873
00:41:49,520 --> 00:41:52,279
Speaker 3: This is a quality five star rated Marlborough Savenon Blanc,

874
00:41:52,600 --> 00:41:55,280
Speaker 3: destined for an overseas market, but now being urgently cleared

875
00:41:55,560 --> 00:41:57,799
Speaker 3: at a rock bottom nine ninety nine per bottle. Mark

876
00:41:57,800 --> 00:41:59,600
Speaker 3: our words. You're going to be impressed by this. It

877
00:41:59,719 --> 00:42:02,280
Speaker 3: just gets it's better paid just one dollar per case

878
00:42:02,320 --> 00:42:06,439
Speaker 3: delivery nationwide conditions apply. This is quality five star rated

879
00:42:06,520 --> 00:42:09,839
Speaker 3: Marlbroo seven year bloc canceled export order nine dollars ninety

880
00:42:09,920 --> 00:42:12,680
Speaker 3: nine per bottle and a dollar per case delivery to

881
00:42:12,760 --> 00:42:15,080
Speaker 3: your door. Now, the phones are going to be ringing hot,

882
00:42:15,120 --> 00:42:17,560
Speaker 3: so if you can't get through, head online it's the

883
00:42:17,640 --> 00:42:19,880
Speaker 3: Goodwine dot Co dot z or still try giving them

884
00:42:19,880 --> 00:42:22,399
Speaker 3: a call. Oh eight hundred double six to two double six.

885
00:42:22,320 --> 00:42:25,560
Speaker 2: To two Heather du plusy Ellen right now.

886
00:42:25,560 --> 00:42:27,360
Speaker 3: It is eighteen past five. Now it turns out the

887
00:42:27,360 --> 00:42:30,759
Speaker 3: Australian government is now considering not only banning the under

888
00:42:30,800 --> 00:42:33,799
Speaker 3: sixteens from social media, but from YouTube as well. That's

889
00:42:33,840 --> 00:42:35,279
Speaker 3: still going to be able to watch it. They just

890
00:42:35,280 --> 00:42:37,640
Speaker 3: won't be able to set up an account or interact

891
00:42:37,640 --> 00:42:40,160
Speaker 3: on it. Cecilia Robinson is the co chair of the

892
00:42:40,280 --> 00:42:43,719
Speaker 3: Child Online Safety Advocacy Group Before sixteen and is with

893
00:42:43,840 --> 00:42:47,799
Speaker 3: us now. Cecilia, Hello, Hi, So despite the ban, they're

894
00:42:47,800 --> 00:42:49,560
Speaker 3: basically going to be able to use it, aren't they.

895
00:42:50,600 --> 00:42:52,359
Speaker 21: Well, look, I don't think that that's the case at all,

896
00:42:52,400 --> 00:42:54,640
Speaker 21: and you know, to be completely frank, you know, this

897
00:42:55,320 --> 00:42:57,440
Speaker 21: limitation on the band that they are doing on YouTube

898
00:42:57,480 --> 00:43:00,080
Speaker 21: should have been included from the start and should and

899
00:43:00,120 --> 00:43:02,240
Speaker 21: what they should have looked at originally in Australia because

900
00:43:02,480 --> 00:43:04,680
Speaker 21: the problem with YouTube is that it's just like every

901
00:43:04,680 --> 00:43:08,400
Speaker 21: other social media platform, just like Snapchat, just like TikTok,

902
00:43:08,680 --> 00:43:11,160
Speaker 21: just like Instagram, and in the way that people are

903
00:43:11,200 --> 00:43:14,319
Speaker 21: creating user generated content and the way that the algorithms work.

904
00:43:14,440 --> 00:43:18,360
Speaker 21: So no, it definitely needs to be properly managed as well.

905
00:43:18,719 --> 00:43:21,520
Speaker 3: Okay, but I mean if they are able to, if

906
00:43:21,560 --> 00:43:24,040
Speaker 3: they can still view it, then can't they still succumb

907
00:43:24,120 --> 00:43:25,120
Speaker 3: to the dangers of it?

908
00:43:25,880 --> 00:43:28,480
Speaker 21: So children are going to be able to use YouTube kits.

909
00:43:28,640 --> 00:43:30,920
Speaker 21: And so as far as I understand the way that

910
00:43:30,960 --> 00:43:32,920
Speaker 21: this legislation is going to work, which is in the

911
00:43:32,960 --> 00:43:36,880
Speaker 21: same way that Facebook, Snapchat, YouTube Instagram are going to

912
00:43:37,000 --> 00:43:39,759
Speaker 21: all be treated in the same way. So YouTube shorts, yeah,

913
00:43:39,760 --> 00:43:42,000
Speaker 21: but that's not going to be viewed in some CAD's

914
00:43:42,080 --> 00:43:42,640
Speaker 21: only if they.

915
00:43:42,560 --> 00:43:45,000
Speaker 3: Log in, right, So you don't have to log into YouTube,

916
00:43:45,040 --> 00:43:47,160
Speaker 3: you can just you can watch it without logging and

917
00:43:47,200 --> 00:43:49,200
Speaker 3: in which case you can watch the adult version, can't you.

918
00:43:49,920 --> 00:43:51,920
Speaker 21: And look, that's where it's going to be really interesting

919
00:43:51,960 --> 00:43:54,719
Speaker 21: to see how this legislation evolves, right and see how

920
00:43:54,719 --> 00:43:57,560
Speaker 21: they actually get to that granular detail, because clearly what

921
00:43:57,560 --> 00:44:00,319
Speaker 21: we're trying to do is prevent young people from seeing

922
00:44:00,360 --> 00:44:03,319
Speaker 21: harmful content online. And so when you bring it back

923
00:44:03,360 --> 00:44:05,480
Speaker 21: to what the problem here is is that you're seeing

924
00:44:05,520 --> 00:44:08,000
Speaker 21: young kids as young as six being exposed to things

925
00:44:08,040 --> 00:44:10,880
Speaker 21: like violent pornography without even searching for it. And so

926
00:44:10,960 --> 00:44:13,200
Speaker 21: I think that this is a starting point. I think

927
00:44:13,200 --> 00:44:18,799
Speaker 21: it's fantastic that Australia is now accepting that YouTube is

928
00:44:18,920 --> 00:44:21,680
Speaker 21: also a social media platform which has been all along,

929
00:44:22,080 --> 00:44:24,600
Speaker 21: and actually accepting that there needs to be appropriate boundaries

930
00:44:24,600 --> 00:44:26,600
Speaker 21: in place for that.

931
00:44:26,640 --> 00:44:29,560
Speaker 3: Text from Mike, this lady is crazy. I've got four kids.

932
00:44:29,600 --> 00:44:31,000
Speaker 3: YouTube is not social media.

933
00:44:32,400 --> 00:44:36,080
Speaker 21: Yeah, look, it's a really clear cut case here. When

934
00:44:36,080 --> 00:44:38,800
Speaker 21: you look at how social media is defined by things

935
00:44:38,920 --> 00:44:43,600
Speaker 21: like algorithmic feeds, content virility, live streaming and stories and

936
00:44:43,640 --> 00:44:48,400
Speaker 21: just addictive nature of social media which has been provided

937
00:44:48,440 --> 00:44:52,279
Speaker 21: through TikTok and for YouTube, you can see that this

938
00:44:52,400 --> 00:44:53,280
Speaker 21: is social media.

939
00:44:53,360 --> 00:44:54,520
Speaker 3: It's pretty plain and simple.

940
00:44:54,560 --> 00:44:57,400
Speaker 21: And when you look at platforms that you compare, for example,

941
00:44:57,440 --> 00:45:00,920
Speaker 21: TikTok to, which has also been definedbviously on this legislation

942
00:45:00,920 --> 00:45:04,920
Speaker 21: in Australia, YouTube and specifically YouTube shorts operate in the

943
00:45:05,000 --> 00:45:07,719
Speaker 21: same way as TikTok does, so why they had an

944
00:45:07,719 --> 00:45:10,400
Speaker 21: exemption in the first place is mind boggling because they

945
00:45:10,440 --> 00:45:11,359
Speaker 21: operate the same way.

946
00:45:11,960 --> 00:45:15,520
Speaker 3: Okay, Cecilia, thank you, appreciate your time. Cecilia Robinson before

947
00:45:15,800 --> 00:45:18,759
Speaker 3: sixteen co chair. Hither I subscribe to surf Line. It's

948
00:45:18,760 --> 00:45:21,439
Speaker 3: an international surf app that has beachcams all over the world.

949
00:45:21,480 --> 00:45:23,839
Speaker 3: I'm looking at the yki ki camera. The beach would

950
00:45:23,880 --> 00:45:26,800
Speaker 3: normally be packed dozens of surfers, but it's completely deserted

951
00:45:27,360 --> 00:45:29,480
Speaker 3: at the moment. Even though the tsunami was supposed to

952
00:45:29,520 --> 00:45:33,360
Speaker 3: hit ten minutes ago. I'm looking at some live TV

953
00:45:33,480 --> 00:45:35,879
Speaker 3: coverage it I'm seeing a lot of people on the roofs,

954
00:45:35,880 --> 00:45:38,960
Speaker 3: but I'm not seeing anything of waves arriving just yet.

955
00:45:38,960 --> 00:45:41,640
Speaker 3: And there's no international media coverage. There's no reports of

956
00:45:41,719 --> 00:45:44,640
Speaker 3: waves just yet. But we'll keep you braced and posted

957
00:45:45,160 --> 00:45:46,200
Speaker 3: five twenty two.

958
00:45:47,480 --> 00:45:50,799
Speaker 9: Checking the point of the story, it's Heather Duplicy Ellen

959
00:45:50,880 --> 00:45:54,640
Speaker 9: drive with one New Zealand let's get connected and youth

960
00:45:54,680 --> 00:45:55,359
Speaker 9: dogs'd be.

961
00:45:56,400 --> 00:45:59,040
Speaker 3: Five twenty four. Now, if you've been following the international

962
00:45:59,040 --> 00:46:01,480
Speaker 3: developments on Gaza, you will know that it is reasonably

963
00:46:01,520 --> 00:46:04,560
Speaker 3: significant that overnight the UK has threatened to recognize the

964
00:46:04,800 --> 00:46:08,400
Speaker 3: threatened which is a bizarre statement, but threatened to recognize

965
00:46:08,400 --> 00:46:12,000
Speaker 3: the state of Palestine by September if Israel doesn't reach

966
00:46:12,000 --> 00:46:14,719
Speaker 3: a cease fire, and if Israel doesn't abandon threats to

967
00:46:14,760 --> 00:46:17,000
Speaker 3: annex the West Bank, and if Israel doesn't commit to

968
00:46:17,040 --> 00:46:20,120
Speaker 3: moving towards a two state solution. Now it is significant

969
00:46:20,280 --> 00:46:23,239
Speaker 3: for a couple of reasons. Number one, because the UK

970
00:46:23,520 --> 00:46:26,920
Speaker 3: is the closest of the US's allies, which is Israel's

971
00:46:26,920 --> 00:46:30,239
Speaker 3: biggest backer, and because the UK was one of the

972
00:46:30,320 --> 00:46:32,800
Speaker 3: historic architects of the state of Israel, the established and

973
00:46:33,080 --> 00:46:36,439
Speaker 3: establishment of which has led us to where we are today. Now, look,

974
00:46:37,160 --> 00:46:38,640
Speaker 3: I have said in the past week, and I do

975
00:46:38,719 --> 00:46:40,719
Speaker 3: believe that, you know, you've got to do whatever it

976
00:46:40,760 --> 00:46:42,680
Speaker 3: takes to get us to the point where the people

977
00:46:42,719 --> 00:46:45,280
Speaker 3: of Gaza are being fed. If we only have words,

978
00:46:45,320 --> 00:46:47,279
Speaker 3: we use the words. If we've got sanctions, we use

979
00:46:47,320 --> 00:46:51,200
Speaker 3: the sanctions. If we have the ultimatum of a state

980
00:46:51,200 --> 00:46:53,439
Speaker 3: for Palestine, then we use the ultimatum of a state

981
00:46:53,440 --> 00:46:55,600
Speaker 3: for Palestine. But it does I can't shake the feeling

982
00:46:55,640 --> 00:46:58,439
Speaker 3: that this is a really strange bargaining chip, don't you think.

983
00:46:58,480 --> 00:47:01,239
Speaker 3: I mean, you either believe that the state of that

984
00:47:01,320 --> 00:47:03,319
Speaker 3: Palestine should be a state or you don't believe it.

985
00:47:03,400 --> 00:47:05,280
Speaker 3: If you believe it, then you should support it. Anyway,

986
00:47:05,280 --> 00:47:07,920
Speaker 3: it should already be the policy, and if you don't

987
00:47:07,960 --> 00:47:10,560
Speaker 3: believe it, then you should absolutely not be threatening it.

988
00:47:10,560 --> 00:47:13,399
Speaker 3: It frankly feels like a moral judgment, like a matter

989
00:47:13,520 --> 00:47:16,399
Speaker 3: of principle, not like something that you should be using

990
00:47:16,440 --> 00:47:18,960
Speaker 3: as a reward or an ultimatum to be traded for

991
00:47:18,960 --> 00:47:22,839
Speaker 3: good or bad behavior. But mostly I'm not sure it's

992
00:47:22,880 --> 00:47:24,960
Speaker 3: going to work. I mean, there are already one hundred

993
00:47:24,960 --> 00:47:27,879
Speaker 3: and forty seven countries that recognize Palestine as a state,

994
00:47:27,920 --> 00:47:31,120
Speaker 3: and that hasn't worked. So sure, the UK brings a

995
00:47:31,120 --> 00:47:32,600
Speaker 3: lot of heft to it, but is it enough to

996
00:47:32,600 --> 00:47:34,520
Speaker 3: have to change it? Probably not. I don't think that

997
00:47:34,560 --> 00:47:37,560
Speaker 3: the support of the UK will materially change the situation,

998
00:47:37,640 --> 00:47:40,160
Speaker 3: given that we can't be sure that it actually believes this,

999
00:47:40,239 --> 00:47:41,680
Speaker 3: or if it's just using it for leverage. I mean,

1000
00:47:41,719 --> 00:47:43,440
Speaker 3: isn't the most likely thing that happens here that the

1001
00:47:43,600 --> 00:47:46,439
Speaker 3: UK does pledge support come September, which I think it will,

1002
00:47:46,719 --> 00:47:49,440
Speaker 3: and then does nothing to actually push that support into

1003
00:47:49,600 --> 00:47:51,120
Speaker 3: it happening, do you know what I mean? It's one

1004
00:47:51,120 --> 00:47:53,839
Speaker 3: thing to say I support the state of Palestine. It's

1005
00:47:53,840 --> 00:47:56,480
Speaker 3: another one to put your diplomatic efforts behind actually getting

1006
00:47:56,480 --> 00:48:00,480
Speaker 3: the thing up and going. I think it will do it,

1007
00:48:01,000 --> 00:48:03,400
Speaker 3: but I don't think that this changes the calculation for

1008
00:48:03,440 --> 00:48:06,239
Speaker 3: Benyaminnett and Yahu. Unfortunately. I don't think it stops him

1009
00:48:06,480 --> 00:48:08,920
Speaker 3: from doing what he's doing. It's worth a go, though,

1010
00:48:08,960 --> 00:48:09,960
Speaker 3: I suppose.

1011
00:48:10,480 --> 00:48:12,640
Speaker 2: Heather Duplicy Allen, no more.

1012
00:48:12,520 --> 00:48:15,480
Speaker 3: Baby shark videos for the kids on YouTube? Oh what

1013
00:48:15,680 --> 00:48:19,719
Speaker 3: a let what are let down? There's a parent in

1014
00:48:19,760 --> 00:48:22,839
Speaker 3: the other studio literally just air pumping right now because

1015
00:48:22,880 --> 00:48:25,359
Speaker 3: we don't have to listen to that. On the question, Hey, listen,

1016
00:48:25,440 --> 00:48:27,880
Speaker 3: I think this is fascinating on I'm getting a lot

1017
00:48:27,880 --> 00:48:31,480
Speaker 3: of text saying I nailed it on netball, absolutely nailed

1018
00:48:31,480 --> 00:48:34,840
Speaker 3: why netball doesn't work. Yes, netball is boring. Many of

1019
00:48:34,880 --> 00:48:36,440
Speaker 3: us were forced to play it at school, so we

1020
00:48:36,480 --> 00:48:40,400
Speaker 3: built in an intense Dislike Heather, it is a hard watch,

1021
00:48:40,480 --> 00:48:42,160
Speaker 3: as you say, with the squeaking and the shoes and

1022
00:48:42,160 --> 00:48:45,120
Speaker 3: the whistles, and don't forget I love my ladies. I

1023
00:48:45,160 --> 00:48:47,399
Speaker 3: am one, but boy, we can hit a high pitch

1024
00:48:47,440 --> 00:48:49,080
Speaker 3: with our voices when we want to a and you're

1025
00:48:49,080 --> 00:48:52,400
Speaker 3: like he but hard to listen to Anyway, the huddle

1026
00:48:52,440 --> 00:48:53,840
Speaker 3: can answer questions on that shortly.

1027
00:48:54,040 --> 00:48:55,240
Speaker 22: News is next.

1028
00:48:57,800 --> 00:49:01,920
Speaker 2: After making the news, the news is talk to Heather first.

1029
00:49:02,160 --> 00:49:06,120
Speaker 9: It's Heather Duplicy Ellen drive with one New Zealand let's

1030
00:49:06,160 --> 00:49:07,920
Speaker 9: get connected and youth dogsa'd be.

1031
00:49:13,920 --> 00:49:16,120
Speaker 3: Yus with us? So well then she's not exciting to

1032
00:49:16,200 --> 00:49:19,560
Speaker 3: Simon Simon Bridges is with us after six o'clock. But

1033
00:49:19,600 --> 00:49:22,840
Speaker 3: guess why I think this is fascinating because Simon Bridges

1034
00:49:22,880 --> 00:49:26,480
Speaker 3: has come out against that stupid surcharge that the government

1035
00:49:26,520 --> 00:49:28,440
Speaker 3: is banning. Now, the government came out and we're going

1036
00:49:28,440 --> 00:49:31,640
Speaker 3: to ban the Searcharge Simons. Simons agrees entirely with me,

1037
00:49:32,000 --> 00:49:33,680
Speaker 3: which is utterly pointless doing this.

1038
00:49:33,760 --> 00:49:33,840
Speaker 8: Ye.

1039
00:49:33,920 --> 00:49:36,000
Speaker 3: Absolutely, we want to give consumers a better deal, but

1040
00:49:36,080 --> 00:49:38,040
Speaker 3: it's just going to raise our prices anyway. And why

1041
00:49:38,080 --> 00:49:39,560
Speaker 3: aren't you dealing with the banks and the people who

1042
00:49:39,600 --> 00:49:41,279
Speaker 3: are putting this on the retailers in the first place.

1043
00:49:41,320 --> 00:49:43,800
Speaker 3: He's going to be this after six to explain. Also,

1044
00:49:44,280 --> 00:49:46,000
Speaker 3: I need to talk to you about this. There is

1045
00:49:46,040 --> 00:49:50,160
Speaker 3: a study out which completely dispels the idea that if

1046
00:49:50,160 --> 00:49:52,719
Speaker 3: you throw money at families like welfare, give them just

1047
00:49:52,760 --> 00:49:55,160
Speaker 3: lots and lots of government money, suddenly their kids are

1048
00:49:55,160 --> 00:49:56,840
Speaker 3: going to flourish. So standby, we're going to deal with

1049
00:49:56,840 --> 00:50:00,440
Speaker 3: that shortly. It's twenty four away from six. Do for

1050
00:50:00,600 --> 00:50:03,600
Speaker 3: thee Ellen Now on Daza, our government has not gone

1051
00:50:03,600 --> 00:50:06,319
Speaker 3: as far as the UK in threatening to recognize the

1052
00:50:06,320 --> 00:50:09,120
Speaker 3: state of Palestine. Instead, they've signed a declaration saying they

1053
00:50:09,160 --> 00:50:12,240
Speaker 3: are willing to consider it. Here's Winston Peters.

1054
00:50:12,760 --> 00:50:15,400
Speaker 14: New Zealand has consistently said that we're willing to recognize

1055
00:50:15,440 --> 00:50:18,080
Speaker 14: Palestine and that is a question of when, not if

1056
00:50:18,680 --> 00:50:21,239
Speaker 14: but we do need to see progress on some of

1057
00:50:21,280 --> 00:50:26,080
Speaker 14: the fundamental issues relating to a Palestine state's legitimacy and viability.

1058
00:50:26,440 --> 00:50:29,640
Speaker 3: John Minto is the co chair of the Palestine Solidarity

1059
00:50:29,680 --> 00:50:30,480
Speaker 3: networking with US.

1060
00:50:30,480 --> 00:50:32,799
Speaker 23: Hello, John, I'll kill the heather.

1061
00:50:33,040 --> 00:50:35,160
Speaker 3: Is this move from Kirstarmer actually going to make a.

1062
00:50:35,080 --> 00:50:40,200
Speaker 4: Difference, Well, no, I don't think it will. I think

1063
00:50:40,239 --> 00:50:43,880
Speaker 4: recognizing Palestinian state is something which we should do, all

1064
00:50:43,920 --> 00:50:46,480
Speaker 4: Western countries should have done a long time ago. But

1065
00:50:46,600 --> 00:50:49,879
Speaker 4: it won't bring peace in the Middle East. And it's

1066
00:50:49,920 --> 00:50:53,480
Speaker 4: important to say that. I think you know, what's happened

1067
00:50:53,560 --> 00:50:57,319
Speaker 4: over the last the last thirty or forty years is

1068
00:50:57,680 --> 00:51:01,800
Speaker 4: the public opinion about Palestinians. And I think as Radi's

1069
00:51:01,800 --> 00:51:04,279
Speaker 4: that are genuinely looking for a solution is to say, look,

1070
00:51:04,360 --> 00:51:06,799
Speaker 4: two states is not going to work. It should be

1071
00:51:07,160 --> 00:51:10,799
Speaker 4: instead a single state where everybody has equal rights. And

1072
00:51:10,840 --> 00:51:13,759
Speaker 4: I think that's what what Israel's done, of course, is

1073
00:51:13,800 --> 00:51:17,520
Speaker 4: they've made it extremely difficult, if not impossible, for a

1074
00:51:17,520 --> 00:51:21,440
Speaker 4: Palestinian state to be formed, because in the Palestinian territory

1075
00:51:21,600 --> 00:51:25,560
Speaker 4: of the West Bank they've built over two hundred illegal

1076
00:51:25,600 --> 00:51:30,480
Speaker 4: as Raeti settlements of Palestinian land, and so all Palestinians

1077
00:51:30,520 --> 00:51:32,520
Speaker 4: have got left as a piece of Swiss cheese. So

1078
00:51:32,560 --> 00:51:35,600
Speaker 4: you've got all of these Israeli settlements on their land

1079
00:51:36,640 --> 00:51:41,160
Speaker 4: connected by roads, and we're roads which Palestinians are not

1080
00:51:41,200 --> 00:51:44,319
Speaker 4: allowed to drive on, and so Palestinians are left with

1081
00:51:44,480 --> 00:51:47,000
Speaker 4: just these tiny little pockets of land, as I say,

1082
00:51:47,080 --> 00:51:48,160
Speaker 4: like a piece of Swiss cheese.

1083
00:51:48,200 --> 00:51:50,760
Speaker 3: Does it strike you as odd to be using something

1084
00:51:51,239 --> 00:51:54,040
Speaker 3: like a state which I don't feel like it should

1085
00:51:54,040 --> 00:51:55,839
Speaker 3: be used like a bargaining chip like this is quite

1086
00:51:55,840 --> 00:51:57,239
Speaker 3: a bizarre thing to do, isn't it.

1087
00:51:57,600 --> 00:52:00,759
Speaker 4: Well, I'm pleased to say that because I first heard it.

1088
00:52:01,360 --> 00:52:04,200
Speaker 4: He's threatening Israel with a Palestine the in state. That

1089
00:52:04,360 --> 00:52:08,920
Speaker 4: is absolutely bizarre. So I quite agree. I agree with

1090
00:52:09,000 --> 00:52:09,919
Speaker 4: your characterization.

1091
00:52:10,280 --> 00:52:12,640
Speaker 3: Okay, now you know what we've observed, and we've been

1092
00:52:12,680 --> 00:52:14,640
Speaker 3: talking about this actually in the office a bit lately.

1093
00:52:14,840 --> 00:52:17,120
Speaker 3: We have not seen it. Like what is happening in

1094
00:52:17,160 --> 00:52:20,680
Speaker 3: Gaza is more horrific than at any time since since

1095
00:52:21,120 --> 00:52:24,160
Speaker 3: Hamas launched the attacks on Israel. But at the start

1096
00:52:24,200 --> 00:52:26,040
Speaker 3: there were all these protests, and now the protests have

1097
00:52:26,080 --> 00:52:28,400
Speaker 3: dried up. Why don't you people protest about this anymore.

1098
00:52:29,040 --> 00:52:33,160
Speaker 4: There are protests going on here that every single week,

1099
00:52:33,320 --> 00:52:36,719
Speaker 4: in every single center around New Zealand, everywhere down Queen

1100
00:52:36,800 --> 00:52:41,480
Speaker 4: Street in christ Church in Welling. They are in Wellington.

1101
00:52:41,800 --> 00:52:44,080
Speaker 3: Back in the days, back in the old days, like

1102
00:52:44,160 --> 00:52:46,399
Speaker 3: last year, there were all those big protests that were

1103
00:52:46,400 --> 00:52:48,120
Speaker 3: on the domain. And so he's still doing that.

1104
00:52:48,640 --> 00:52:51,360
Speaker 4: Yeah, they're still happening at this time. I mean they

1105
00:52:51,400 --> 00:52:53,840
Speaker 4: haven't had the huge numbers they hit earlier on, but

1106
00:52:54,239 --> 00:52:57,160
Speaker 4: definitely they're still there. And the visibility of this issue

1107
00:52:57,200 --> 00:53:00,160
Speaker 4: was really high. Oh no, I think, well, I just

1108
00:53:00,200 --> 00:53:03,879
Speaker 4: think it's inevitable, and I've been surprised that that they've

1109
00:53:03,920 --> 00:53:06,000
Speaker 4: gone on as long as they have. But what's happening

1110
00:53:06,080 --> 00:53:09,600
Speaker 4: now is that people that are increasing in size because

1111
00:53:09,600 --> 00:53:13,359
Speaker 4: people can see the horrific, just the horror of what's

1112
00:53:13,360 --> 00:53:18,120
Speaker 4: happening before our eyes, the vicious cruelty of the Israeli occupation,

1113
00:53:18,360 --> 00:53:21,960
Speaker 4: and it's something I've never seen in my lifetime, and

1114
00:53:22,600 --> 00:53:26,520
Speaker 4: so many of us older people, you know, we look

1115
00:53:26,600 --> 00:53:29,960
Speaker 4: back and you know, I mean, it's been horrific for

1116
00:53:30,040 --> 00:53:32,600
Speaker 4: Palestinians all the way through. But in fact, what's happening

1117
00:53:32,640 --> 00:53:34,319
Speaker 4: now is just beyond imagination.

1118
00:53:34,719 --> 00:53:37,720
Speaker 3: John, thanks for your time. John Minto, Palestine's Solidarity Network

1119
00:53:37,719 --> 00:53:39,960
Speaker 3: coach here by the way, on the situation in Hawaii.

1120
00:53:40,000 --> 00:53:42,840
Speaker 3: So I've been watching the live the video. I mean,

1121
00:53:42,880 --> 00:53:45,319
Speaker 3: the footage is a little bit delayed now because they

1122
00:53:45,320 --> 00:53:47,960
Speaker 3: may have lost daylight. I don't know. Sky's got a

1123
00:53:48,000 --> 00:53:53,759
Speaker 3: live camera. Sky's got a live camera from Honolulu. It's

1124
00:53:53,880 --> 00:53:56,880
Speaker 3: just black. Like literally, they've gone live to Honolulu and

1125
00:53:56,880 --> 00:53:59,200
Speaker 3: Hawaii and they've kept it going like they're doing some

1126
00:53:59,239 --> 00:54:01,200
Speaker 3: other interviews. It's little box at the bottom of the screen.

1127
00:54:01,239 --> 00:54:05,520
Speaker 3: It's just black and no value whatsoever. I can't see

1128
00:54:05,520 --> 00:54:08,640
Speaker 3: the waves, mate, because it's nighttime anyway. But earlier on

1129
00:54:08,680 --> 00:54:10,640
Speaker 3: when they did have some daylight, there was the tide

1130
00:54:10,680 --> 00:54:13,040
Speaker 3: was definitely coming in. There was a bit crunchy, a

1131
00:54:13,080 --> 00:54:15,440
Speaker 3: few crunchy waves. But if you're looking for one of

1132
00:54:15,440 --> 00:54:18,279
Speaker 3: those big, you know, sucking kind of dramatic things, I don't.

1133
00:54:18,280 --> 00:54:19,600
Speaker 3: I don't think that we're seeing that at the moment.

1134
00:54:19,680 --> 00:54:21,480
Speaker 3: Twenty away from six the.

1135
00:54:21,480 --> 00:54:26,560
Speaker 9: Huddle with New Zealand Southby's International Realty Unique Homes uniquely.

1136
00:54:26,080 --> 00:54:27,719
Speaker 3: For you on the Huddle of Us is even in

1137
00:54:27,760 --> 00:54:29,960
Speaker 3: clear Delort. Journalists and Jack Tame, host of Q and A,

1138
00:54:29,960 --> 00:54:32,000
Speaker 3: and Saturday mornings on news talks, there'd be hello you.

1139
00:54:31,920 --> 00:54:34,160
Speaker 24: Too, Hello you too, Claire?

1140
00:54:34,200 --> 00:54:37,120
Speaker 3: Do you also find this odd to be threatening as well?

1141
00:54:37,160 --> 00:54:38,279
Speaker 3: With the state of Palestine?

1142
00:54:39,800 --> 00:54:43,440
Speaker 23: It is odd, and I honestly think Kere Starmer's probably

1143
00:54:43,920 --> 00:54:47,719
Speaker 23: acting or talking mostly because of pressure from as many

1144
00:54:47,760 --> 00:54:53,279
Speaker 23: unhappy backbenches rather than any particular point of anticipated principle.

1145
00:54:53,320 --> 00:54:57,240
Speaker 23: He's got huge problems domestically with his caucus, so forced

1146
00:54:57,320 --> 00:55:00,719
Speaker 23: back downs on things such as the welfare forms, and

1147
00:55:00,719 --> 00:55:04,600
Speaker 23: now there is renewed pressure from a very large left

1148
00:55:04,680 --> 00:55:07,320
Speaker 23: faction that he has regards it.

1149
00:55:07,480 --> 00:55:07,560
Speaker 25: So.

1150
00:55:08,160 --> 00:55:10,880
Speaker 23: Yes, it is shocking that we see babies, children, ordinary

1151
00:55:10,920 --> 00:55:14,000
Speaker 23: men and women like us who are hungry, some us starving,

1152
00:55:14,680 --> 00:55:18,040
Speaker 23: and yet there are these conditional threats. There's six weeks

1153
00:55:18,080 --> 00:55:21,600
Speaker 23: to go or so until the General Assembly met, and

1154
00:55:21,680 --> 00:55:24,399
Speaker 23: in that time more having more destruction, more death will

1155
00:55:24,400 --> 00:55:28,359
Speaker 23: be wrecked, and it is hard to see where it's

1156
00:55:28,400 --> 00:55:32,680
Speaker 23: going to be interrupted and stopped easily. Yeah, Letia who

1157
00:55:32,760 --> 00:55:34,000
Speaker 23: is getting away with.

1158
00:55:34,000 --> 00:55:37,759
Speaker 3: It all the time, and as angry as Ntnya, as

1159
00:55:37,800 --> 00:55:40,160
Speaker 3: angry as it's made Netna who sound Jack, I hardly

1160
00:55:40,200 --> 00:55:43,960
Speaker 3: think he's going to do anything because this is he well, I.

1161
00:55:44,000 --> 00:55:46,960
Speaker 24: Mean it's my view that netnya who's been acting in

1162
00:55:47,120 --> 00:55:50,000
Speaker 24: his own self interest basically since October seven. I mean,

1163
00:55:50,080 --> 00:55:53,880
Speaker 24: and it was maybe the single greatest security failure, certainly

1164
00:55:53,920 --> 00:55:57,720
Speaker 24: of most recent decades, for a state which prides itself

1165
00:55:57,800 --> 00:56:01,399
Speaker 24: on security more than preps any in the world, when

1166
00:56:01,600 --> 00:56:05,319
Speaker 24: October seventh happened. And yet, you know, I think there

1167
00:56:05,360 --> 00:56:11,320
Speaker 24: can be very little moral justification, he knows, strategic justification

1168
00:56:11,440 --> 00:56:14,239
Speaker 24: whatsoever for continuing the war as long as they have,

1169
00:56:14,400 --> 00:56:18,840
Speaker 24: and certainly to the extent of the kind of horror

1170
00:56:18,920 --> 00:56:20,400
Speaker 24: that we've seen in the last few weeks. I mean,

1171
00:56:20,640 --> 00:56:22,799
Speaker 24: you know, I don't think there can be many right

1172
00:56:22,920 --> 00:56:25,040
Speaker 24: thinking people in the world who have seen the images

1173
00:56:25,040 --> 00:56:27,400
Speaker 24: out of Gaza in the last few weeks who haven't

1174
00:56:27,520 --> 00:56:31,399
Speaker 24: been utterly appalled. And you know, it's interesting, clear Rais

1175
00:56:31,440 --> 00:56:33,680
Speaker 24: is a good point. I think it's really interesting watching,

1176
00:56:34,960 --> 00:56:37,480
Speaker 24: you know, lots of Western countries try and respond to this,

1177
00:56:37,640 --> 00:56:40,040
Speaker 24: because I think there are kind of two forces at play.

1178
00:56:40,120 --> 00:56:44,560
Speaker 24: The first is that over the last were approaching two years,

1179
00:56:45,160 --> 00:56:48,920
Speaker 24: very little international pressure seems to have had an effect

1180
00:56:49,040 --> 00:56:52,160
Speaker 24: on Israel's actions, and obviously the US is more or

1181
00:56:52,200 --> 00:56:54,319
Speaker 24: less supported than right at the beginning of this war

1182
00:56:55,040 --> 00:56:57,239
Speaker 24: and have continued to ship them arms and all that

1183
00:56:57,400 --> 00:56:59,759
Speaker 24: kind of thing. But number two, I think politicians like

1184
00:56:59,800 --> 00:57:04,040
Speaker 24: to Stama are increasingly concerned about the domestic impact of

1185
00:57:04,239 --> 00:57:08,239
Speaker 24: their relative lack of response up to this point, and

1186
00:57:08,320 --> 00:57:10,480
Speaker 24: they're looking at their constituents, They're looking at their voters

1187
00:57:10,520 --> 00:57:13,160
Speaker 24: who say, hang on, why isn't my government standing up

1188
00:57:13,280 --> 00:57:15,360
Speaker 24: more forcefully? And that's why he's acting.

1189
00:57:15,600 --> 00:57:20,080
Speaker 3: Yeah, that's probably exactly now clear. Is YouTube social media?

1190
00:57:22,280 --> 00:57:24,560
Speaker 23: Look, I don't know. I guess it is sort of.

1191
00:57:24,840 --> 00:57:28,120
Speaker 23: But if your point is how do you stop children

1192
00:57:28,200 --> 00:57:32,320
Speaker 23: from seeing it? I'm not sure because they have older brothers, sisters.

1193
00:57:32,360 --> 00:57:36,080
Speaker 23: For example, I can turn on the television and access

1194
00:57:36,600 --> 00:57:40,080
Speaker 23: YouTube very easily. Have you stopped children doing that? And

1195
00:57:40,120 --> 00:57:46,080
Speaker 23: if very easily and without any effort able to access pornography?

1196
00:57:46,200 --> 00:57:50,240
Speaker 23: The algorithms of whoever is mostly using YouTube and their

1197
00:57:50,320 --> 00:57:54,280
Speaker 23: home has brought that in. So I think there is

1198
00:57:54,360 --> 00:57:57,560
Speaker 23: a heck of a pressure now needed to be put

1199
00:57:57,640 --> 00:58:00,200
Speaker 23: on parents to know what their kids are doing, to

1200
00:58:00,280 --> 00:58:03,760
Speaker 23: control what they themselves are easily accessible device.

1201
00:58:03,960 --> 00:58:05,680
Speaker 3: Yeah, totally. Actually, I want Jack, I want your take

1202
00:58:05,720 --> 00:58:08,040
Speaker 3: on it. We'll get it after the break huddle sixteen

1203
00:58:08,040 --> 00:58:08,760
Speaker 3: away from six.

1204
00:58:09,720 --> 00:58:13,480
Speaker 9: The Huddle with New Zealand Southeby's International Realty, the ones

1205
00:58:13,600 --> 00:58:15,520
Speaker 9: for unmasked results.

1206
00:58:15,520 --> 00:58:17,600
Speaker 3: Back with the Huddle cleared the law and Jack Tame Jack.

1207
00:58:17,640 --> 00:58:19,360
Speaker 3: I'm probably it is up to the parents, ay, because

1208
00:58:19,360 --> 00:58:21,320
Speaker 3: you can watch YouTube without an account, so you can't.

1209
00:58:21,400 --> 00:58:24,960
Speaker 24: You can't ban the kids, Yeah, you can, although you

1210
00:58:25,040 --> 00:58:27,720
Speaker 24: can imagine there might be some sort of policy solution

1211
00:58:27,880 --> 00:58:30,440
Speaker 24: in which they try and find a middle ground. Ultimately,

1212
00:58:30,680 --> 00:58:32,720
Speaker 24: obviously YouTube's kicking up a bit of a fuss over this,

1213
00:58:32,800 --> 00:58:36,080
Speaker 24: whereby they say, Okay, maybe if you're under sixteen you

1214
00:58:36,160 --> 00:58:39,720
Speaker 24: can access verified shows. We're not just going to give

1215
00:58:39,720 --> 00:58:42,920
Speaker 24: you random videos that, you know, random YouTube users have

1216
00:58:43,040 --> 00:58:46,080
Speaker 24: posted online. But I think what's extraordinary is if you

1217
00:58:46,120 --> 00:58:49,560
Speaker 24: step back a little bit, the extent to which all

1218
00:58:49,640 --> 00:58:53,120
Speaker 24: of these so called social media platforms and I'll include YouTube,

1219
00:58:53,120 --> 00:58:56,600
Speaker 24: and it's just for the sake of argument. So YouTube, Facebook, Instagram,

1220
00:58:56,720 --> 00:59:00,120
Speaker 24: TikTok are all just becoming versions of each other. But

1221
00:59:00,440 --> 00:59:03,920
Speaker 24: they are all basically just platforms where you watch videos.

1222
00:59:04,080 --> 00:59:06,080
Speaker 24: The algorithms try and work out what you like and

1223
00:59:06,200 --> 00:59:08,120
Speaker 24: keep you watching as long as possible, and then feed

1224
00:59:08,160 --> 00:59:10,080
Speaker 24: you another video, and feed you another video. It used

1225
00:59:10,080 --> 00:59:13,720
Speaker 24: to be that social media gave you posts from your friends. Well,

1226
00:59:13,760 --> 00:59:15,600
Speaker 24: the vast majority of stuff that we all see on

1227
00:59:15,680 --> 00:59:18,360
Speaker 24: social media these days hasn't actually come from our friends.

1228
00:59:18,680 --> 00:59:22,160
Speaker 24: It's just videos posted by whomever that are designed to

1229
00:59:22,280 --> 00:59:27,240
Speaker 24: keep us using it. I mean, yeah, yeah, I do.

1230
00:59:27,360 --> 00:59:29,840
Speaker 24: I find it as addictive as anyone else. Absolutely, what

1231
00:59:30,880 --> 00:59:31,400
Speaker 24: do you find out?

1232
00:59:31,840 --> 00:59:32,600
Speaker 3: What are you looking at?

1233
00:59:34,240 --> 00:59:37,400
Speaker 24: I'm just whatever slop is fed up to me. And

1234
00:59:37,640 --> 00:59:41,080
Speaker 24: I mean, so I love watching football videos, for example,

1235
00:59:42,080 --> 00:59:45,400
Speaker 24: and so I just get like sensational Leo messy goals

1236
00:59:45,480 --> 00:59:49,680
Speaker 24: after sensational Leo messy goals and updates about football transfers.

1237
00:59:49,760 --> 00:59:51,440
Speaker 24: Now that might not be everyone's cup of tea, but

1238
00:59:51,560 --> 00:59:54,120
Speaker 24: the algorithms worked out that I linger on those images

1239
00:59:54,160 --> 00:59:56,120
Speaker 24: for longer than I do other things. But the point

1240
00:59:56,200 --> 00:59:58,760
Speaker 24: is that when we started using this stuff, like I

1241
00:59:58,840 --> 01:00:01,120
Speaker 24: would follow Heather so I would get updates when here

1242
01:00:01,200 --> 01:00:04,240
Speaker 24: the posts. Heather might follow my mum and so you

1243
01:00:04,360 --> 01:00:07,000
Speaker 24: get updates from my mum. But these days, the vast

1244
01:00:07,120 --> 01:00:09,680
Speaker 24: majority of stuff that we all see on these platforms,

1245
01:00:10,000 --> 01:00:13,520
Speaker 24: there's just videos posted by whomever that's designed to keep

1246
01:00:13,600 --> 01:00:15,800
Speaker 24: us watching for longer, which is a massive change. So

1247
01:00:15,880 --> 01:00:17,800
Speaker 24: social media isn't actually social anymore.

1248
01:00:17,840 --> 01:00:19,760
Speaker 3: It's just me media. Yeah, it's a very fair.

1249
01:00:19,600 --> 01:00:23,600
Speaker 23: Point, and it's quite antisocial really, because you do get preoccupied.

1250
01:00:24,000 --> 01:00:27,400
Speaker 23: It's a fair feeds into your appetite. It is like

1251
01:00:27,480 --> 01:00:31,920
Speaker 23: an insatiable hunger for it. You mentioned your love of

1252
01:00:32,040 --> 01:00:35,920
Speaker 23: football football that you said, Jack, I think at the

1253
01:00:35,960 --> 01:00:38,400
Speaker 23: moment my one keeps coming up that we do not

1254
01:00:38,520 --> 01:00:41,320
Speaker 23: care club set up by a woman who does little

1255
01:00:41,400 --> 01:00:46,720
Speaker 23: videos about things that perimenopausal, menopausal post menopause cannot care

1256
01:00:46,720 --> 01:00:47,400
Speaker 23: of us anymore.

1257
01:00:49,560 --> 01:00:52,760
Speaker 3: Actually, to think of it, when I do occasionally log

1258
01:00:52,840 --> 01:00:55,800
Speaker 3: onto Instagram, which is very rare nowadays, I get fed

1259
01:00:55,880 --> 01:01:00,400
Speaker 3: ones about parents, just like having a winge about terrorist

1260
01:01:00,840 --> 01:01:01,680
Speaker 3: terrorist children.

1261
01:01:02,200 --> 01:01:05,360
Speaker 24: So Instagram knew my wife was pregnant before she did.

1262
01:01:06,200 --> 01:01:08,520
Speaker 3: Yep, that'll probably be about right, because she'll be doing

1263
01:01:08,600 --> 01:01:12,000
Speaker 3: weird things that they'll be like she's nesting. Hey, Clay,

1264
01:01:12,080 --> 01:01:12,880
Speaker 3: do you watch Netbale?

1265
01:01:15,280 --> 01:01:18,600
Speaker 23: I actually really like watching it live. I think it

1266
01:01:18,720 --> 01:01:24,440
Speaker 23: is actually a harder watch on television. Well, it's not

1267
01:01:24,600 --> 01:01:27,560
Speaker 23: so much that, it's just that beyond court play, it's

1268
01:01:27,640 --> 01:01:29,960
Speaker 23: quite hard to go up areal as you can to

1269
01:01:30,080 --> 01:01:33,440
Speaker 23: some other sports, and unlike, for example, tennis, which I

1270
01:01:33,480 --> 01:01:37,760
Speaker 23: absolutely love watching on television. Tennis is just two pairs

1271
01:01:37,840 --> 01:01:41,200
Speaker 23: back and forth with rugby, you know you can you

1272
01:01:41,280 --> 01:01:43,600
Speaker 23: can pull all the way out and for to see

1273
01:01:43,640 --> 01:01:46,680
Speaker 23: what's happening on the field. It's quite hard on a

1274
01:01:46,800 --> 01:01:50,600
Speaker 23: smaller network course, but that'sn't just ify not trying to

1275
01:01:50,760 --> 01:01:54,280
Speaker 23: build netball up. Netball has got a big following at

1276
01:01:54,320 --> 01:01:56,160
Speaker 23: the moment, it's in a real chicken and the egg

1277
01:01:56,400 --> 01:01:59,040
Speaker 23: kind of situation. But I do hope to deal with

1278
01:01:59,240 --> 01:02:02,080
Speaker 23: TV and Z me that the cross fertilization that TVs

1279
01:02:02,120 --> 01:02:06,800
Speaker 23: that does, for example seven Sharps is basically promote an

1280
01:02:06,800 --> 01:02:11,080
Speaker 23: awful lot of other TV's products. They can harness all

1281
01:02:11,120 --> 01:02:14,880
Speaker 23: of that and hopefully, as the Breakers did, was it

1282
01:02:15,000 --> 01:02:17,720
Speaker 23: the black holes or who came in and sort of

1283
01:02:17,800 --> 01:02:20,520
Speaker 23: took it a signed them up, them up, stepped up

1284
01:02:20,560 --> 01:02:24,520
Speaker 23: with money, hopefully they may sign a savior who will

1285
01:02:24,560 --> 01:02:27,080
Speaker 23: get in there with the sponsorship and they can at

1286
01:02:27,200 --> 01:02:28,720
Speaker 23: least give it a really good go.

1287
01:02:29,120 --> 01:02:31,840
Speaker 24: I think it's totally worthwhile. What do you think whether

1288
01:02:31,840 --> 01:02:34,280
Speaker 24: I'll go real fast, I'll go real fast. I think

1289
01:02:35,200 --> 01:02:38,240
Speaker 24: I really hope that this worked out well. It's great

1290
01:02:38,280 --> 01:02:40,640
Speaker 24: to see netbill are free to air. I do think

1291
01:02:40,680 --> 01:02:43,680
Speaker 24: there are lots of causes behind netball's problems, but I

1292
01:02:43,760 --> 01:02:46,400
Speaker 24: do think fundamentally it's a bit of a cautionary tale,

1293
01:02:46,840 --> 01:02:50,000
Speaker 24: and that as the world started turning to Instagram and

1294
01:02:50,200 --> 01:02:54,760
Speaker 24: Netflix and YouTube the entertainment, netball went behind a paywall.

1295
01:02:55,280 --> 01:02:58,120
Speaker 24: And for big sports that might be okay, but I

1296
01:02:58,200 --> 01:03:00,920
Speaker 24: think for what are relatively minor he spoort, at least

1297
01:03:00,960 --> 01:03:04,360
Speaker 24: in a global context, I think putting up any barriers

1298
01:03:04,440 --> 01:03:07,680
Speaker 24: to having eyeballs watching your game is a really dangerous move.

1299
01:03:07,720 --> 01:03:09,760
Speaker 24: And I wonder if a big part of their problems

1300
01:03:09,760 --> 01:03:12,520
Speaker 24: they're experiencing today because of that decision a decade or

1301
01:03:12,560 --> 01:03:12,840
Speaker 24: so ago.

1302
01:03:13,320 --> 01:03:15,920
Speaker 3: Very interesting, Hey guys, thank you, really appreciate you. Yeah,

1303
01:03:16,280 --> 01:03:18,760
Speaker 3: very food for thought for me to really try and

1304
01:03:18,840 --> 01:03:20,800
Speaker 3: nut out why I don't like the netball Eight away

1305
01:03:20,840 --> 01:03:21,400
Speaker 3: from six.

1306
01:03:22,280 --> 01:03:25,520
Speaker 9: It's the Heather Duper See allan Drive full show podcast

1307
01:03:25,680 --> 01:03:28,680
Speaker 9: on my art Radio powered by News Talk z'b.

1308
01:03:30,240 --> 01:03:30,400
Speaker 24: Look.

1309
01:03:30,520 --> 01:03:32,600
Speaker 3: Still still nothing to report on the waves. Happy to

1310
01:03:32,600 --> 01:03:36,120
Speaker 3: say though, that Sky's fixed its camera in Honolulu, Hawaii,

1311
01:03:36,600 --> 01:03:38,440
Speaker 3: and at least now you've got a you've got some

1312
01:03:38,600 --> 01:03:40,120
Speaker 3: lights in there, but it's a locked off shot of

1313
01:03:40,160 --> 01:03:44,640
Speaker 3: a city. So and I mean, yeah, you can sort

1314
01:03:44,640 --> 01:03:46,760
Speaker 3: of see it's kind of aiming through the buildings. If

1315
01:03:46,760 --> 01:03:48,320
Speaker 3: you've been to Hawaii, it's kind of like a couple

1316
01:03:48,360 --> 01:03:50,560
Speaker 3: of blocks back from the beach. It looks like it's

1317
01:03:50,600 --> 01:03:52,040
Speaker 3: kind of aimed. So they obviously got a lot of

1318
01:03:52,040 --> 01:03:53,920
Speaker 3: confidence those waves are going to make it in anyway,

1319
01:03:54,480 --> 01:03:57,400
Speaker 3: nothing to report just yet. And the BBC is reporting

1320
01:03:57,480 --> 01:04:01,520
Speaker 3: that tsunami waves expected to hat Hawaii shaws shortly, so

1321
01:04:02,280 --> 01:04:05,360
Speaker 3: those waves are at least forty five minutes late. So anyway,

1322
01:04:05,440 --> 01:04:07,520
Speaker 3: which is a happy day because it's given other people

1323
01:04:07,680 --> 01:04:09,840
Speaker 3: people more time to get away from the waves. Obviously,

1324
01:04:09,840 --> 01:04:12,480
Speaker 3: I keep you posted on it. Five away from six.

1325
01:04:12,760 --> 01:04:14,960
Speaker 3: By the way, do you remember that memo that came

1326
01:04:15,000 --> 01:04:17,919
Speaker 3: out from the cops saying anything under five hundred dollars

1327
01:04:17,960 --> 01:04:21,120
Speaker 3: worth of shoplifting, don't investigate, just just file. It turns

1328
01:04:21,160 --> 01:04:24,400
Speaker 3: out more than five thousand complaints of shoplifting were not

1329
01:04:24,560 --> 01:04:28,160
Speaker 3: investigated when that memo was in force. In Auckland there

1330
01:04:28,200 --> 01:04:30,800
Speaker 3: was nine hundred and twenty seven complaints of shoplifting, only

1331
01:04:30,880 --> 01:04:34,360
Speaker 3: seventy three were investigated. In Canterbury seven hundred and forty

1332
01:04:34,400 --> 01:04:37,760
Speaker 3: two complaints, only one hundred and ninety two were investigated,

1333
01:04:37,800 --> 01:04:40,120
Speaker 3: and in Wellington, out of about seven hundred complaints, only

1334
01:04:40,120 --> 01:04:41,640
Speaker 3: one hundred and thirty one were investigated.

1335
01:04:41,720 --> 01:04:42,120
Speaker 8: So there you go.

1336
01:04:42,520 --> 01:04:46,000
Speaker 3: So the study told you about the study. So this study,

1337
01:04:46,800 --> 01:04:48,920
Speaker 3: which is just out, seems to dispel the idea that

1338
01:04:49,000 --> 01:04:51,320
Speaker 3: if you throw money at families, the kids will will

1339
01:04:51,400 --> 01:04:54,040
Speaker 3: develop better. What they did in this which is basically

1340
01:04:54,640 --> 01:04:57,320
Speaker 3: just in his idea. Remember just telling you about Justina's

1341
01:04:57,320 --> 01:04:59,720
Speaker 3: book and the best policy idea that she thought she

1342
01:04:59,760 --> 01:05:02,640
Speaker 3: had was that for every newborn you give them sixty

1343
01:05:02,720 --> 01:05:05,680
Speaker 3: dollars a week for the first year, and then that

1344
01:05:05,760 --> 01:05:08,080
Speaker 3: will just change the game for the newborn. Doesn't work,

1345
01:05:08,160 --> 01:05:10,440
Speaker 3: according to the study. In the States, what they did

1346
01:05:10,520 --> 01:05:13,000
Speaker 3: is they got about one thousand poor mums with newborns

1347
01:05:13,040 --> 01:05:16,320
Speaker 3: in New Orleans, New York, Greater Omaha, and Minneapolis Sant Paul.

1348
01:05:16,800 --> 01:05:19,160
Speaker 3: More than eighty percent were black or u Latino. Most

1349
01:05:19,240 --> 01:05:22,400
Speaker 3: were unmarried. They then randomly divided them into two groups.

1350
01:05:22,880 --> 01:05:25,120
Speaker 3: One group was given twenty dollars a month and the

1351
01:05:25,200 --> 01:05:27,840
Speaker 3: second group was given three hundred and thirty three dollars

1352
01:05:27,880 --> 01:05:29,600
Speaker 3: a month, so considerably more. And that's on top of

1353
01:05:29,640 --> 01:05:31,720
Speaker 3: what they were already earning. And they did this for

1354
01:05:31,920 --> 01:05:35,360
Speaker 3: four years with the babies. They expected that the group

1355
01:05:35,400 --> 01:05:37,200
Speaker 3: that got more money the kids would come out better,

1356
01:05:37,280 --> 01:05:40,360
Speaker 3: but that didn't happen at all. After four years of payments,

1357
01:05:40,520 --> 01:05:43,120
Speaker 3: children whose parents received three hundred and thirty three dollars

1358
01:05:43,120 --> 01:05:45,720
Speaker 3: a month from the experiment fared no better. They were

1359
01:05:45,760 --> 01:05:49,480
Speaker 3: no more likely to develop language skills, avoid behavioral problems,

1360
01:05:49,640 --> 01:05:54,080
Speaker 3: developmental delays, demonstrate executive function, or exhibit brain activity associated

1361
01:05:54,120 --> 01:05:56,960
Speaker 3: with cognitive development. They were no more likely than the

1362
01:05:57,040 --> 01:06:00,080
Speaker 3: poorer kids to avoid chronic health conditions like asthma. The

1363
01:06:00,160 --> 01:06:02,080
Speaker 3: mums did not waste the money like that went to

1364
01:06:02,120 --> 01:06:05,520
Speaker 3: the kids. They didn't buy booze or sighies the mums. Weirdly,

1365
01:06:05,720 --> 01:06:07,920
Speaker 3: what actually happened to the mums was that the ones

1366
01:06:07,920 --> 01:06:11,840
Speaker 3: who got more cash actually reported higher levels of anxiety.

1367
01:06:12,080 --> 01:06:14,080
Speaker 3: And I think it's because they felt more pressure to

1368
01:06:14,280 --> 01:06:18,720
Speaker 3: excel as parents. Anyway, what this shows what the researchers

1369
01:06:18,720 --> 01:06:21,040
Speaker 3: are highly upset about this because it's just disproved the

1370
01:06:21,160 --> 01:06:26,200
Speaker 3: idea and they're fighting about it basically. But what you

1371
01:06:26,280 --> 01:06:28,000
Speaker 3: can take from this is they don't know what's going on.

1372
01:06:28,120 --> 01:06:30,600
Speaker 3: But most likely what it means is that we know

1373
01:06:30,720 --> 01:06:33,280
Speaker 3: kids from richer families do better than kids from poorer families.

1374
01:06:33,280 --> 01:06:35,320
Speaker 3: But it's not about the money. It's about what the

1375
01:06:35,400 --> 01:06:37,840
Speaker 3: parents are doing right. So maybe the parents are richer

1376
01:06:38,040 --> 01:06:40,520
Speaker 3: because they have got things in their lives like discipline

1377
01:06:40,560 --> 01:06:42,960
Speaker 3: and health and waking up early and going to bed

1378
01:06:43,040 --> 01:06:45,400
Speaker 3: early that make them successful and then make the kids

1379
01:06:45,440 --> 01:06:47,720
Speaker 3: successful as well, not the money. Simon Bridges.

1380
01:06:47,800 --> 01:06:54,440
Speaker 9: Next, fuck what's down on where it makes you cause

1381
01:06:54,920 --> 01:06:58,080
Speaker 9: and how will it affect the economy? The Big Business

1382
01:06:58,200 --> 01:07:03,080
Speaker 9: Questions on the business with Heather Duplessy Elan and MAS

1383
01:07:03,440 --> 01:07:06,320
Speaker 9: for Trusted Home Insurance Solutions News talks eNB.

1384
01:07:12,120 --> 01:07:13,680
Speaker 3: Coming up in the next hour. It looks like a

1385
01:07:13,800 --> 01:07:16,800
Speaker 3: US labor market is softening up. Milford Asset Management will

1386
01:07:16,800 --> 01:07:18,760
Speaker 3: talk us through that genetive Trainey on the key We

1387
01:07:18,840 --> 01:07:21,400
Speaker 3: Bank partial privatization and Gavin Grater is the UK for

1388
01:07:21,520 --> 01:07:24,400
Speaker 3: US at seven past six. Now the New Zealand Chambers

1389
01:07:24,480 --> 01:07:26,920
Speaker 3: of Commerce have banded together and spoken out against the

1390
01:07:26,960 --> 01:07:30,520
Speaker 3: government surcharge band They're worried it's going to harm small businesses.

1391
01:07:30,800 --> 01:07:33,320
Speaker 3: Simon Bridges is the CEO of the Auckland Business Chamber

1392
01:07:33,360 --> 01:07:35,000
Speaker 3: and speaking on behalf of all of them, and of

1393
01:07:35,080 --> 01:07:37,680
Speaker 3: course a former National Party leader and with us. Now, Hey, Simon,

1394
01:07:38,240 --> 01:07:41,040
Speaker 3: Hey evening, Heather. Any idea how big the impact is

1395
01:07:41,120 --> 01:07:43,360
Speaker 3: going to be on small and medium sized retailers.

1396
01:07:43,880 --> 01:07:45,960
Speaker 26: I think really significant. I mean the first point I'd

1397
01:07:46,000 --> 01:07:48,600
Speaker 26: make is you mentioned the New Zealand chambers twenty nine

1398
01:07:48,680 --> 01:07:50,240
Speaker 26: chambers from Northland to Southland.

1399
01:07:51,040 --> 01:07:52,800
Speaker 2: Yesterday My email was going hot.

1400
01:07:53,000 --> 01:07:55,640
Speaker 26: I mean, they are really concerned about this all over

1401
01:07:55,720 --> 01:07:58,360
Speaker 26: the country and that's because I think, to answer your question,

1402
01:07:58,480 --> 01:08:01,640
Speaker 26: we're talking about ninety seven ascent of businesses, which are

1403
01:08:01,680 --> 01:08:05,600
Speaker 26: small and medium businesses and the reality is the banning

1404
01:08:05,680 --> 01:08:09,200
Speaker 26: of a surcharge isn't a cost free exercise, despite what

1405
01:08:09,320 --> 01:08:13,000
Speaker 26: the government may think. Consumers may like it, but someone

1406
01:08:13,360 --> 01:08:16,639
Speaker 26: has to pay merchant fees and I think the news.

1407
01:08:16,479 --> 01:08:16,880
Speaker 15: On that is.

1408
01:08:16,920 --> 01:08:19,280
Speaker 26: Look, it's either going to be through price hikes that

1409
01:08:19,400 --> 01:08:23,519
Speaker 26: consumers may not appreciate or understand, or it's going to

1410
01:08:23,560 --> 01:08:28,160
Speaker 26: be the poor old sme in areas like retail, hospo, tourism.

1411
01:08:28,240 --> 01:08:30,200
Speaker 2: That are going to be having to find a way

1412
01:08:30,240 --> 01:08:30,760
Speaker 2: to pay for it.

1413
01:08:30,880 --> 01:08:33,360
Speaker 26: And I hate to tell again the government the bad news,

1414
01:08:33,439 --> 01:08:36,400
Speaker 26: but those SMEs aren't exactly in Clover at the moment.

1415
01:08:36,560 --> 01:08:36,600
Speaker 23: No.

1416
01:08:37,400 --> 01:08:39,320
Speaker 3: Are you surprised by the strength of feeling out there.

1417
01:08:40,560 --> 01:08:40,800
Speaker 27: I am.

1418
01:08:41,040 --> 01:08:43,840
Speaker 26: Look, you know, at first blush, I think you know,

1419
01:08:44,080 --> 01:08:45,720
Speaker 26: you see the announcement, you think, oh, well that all

1420
01:08:45,800 --> 01:08:46,599
Speaker 26: sounds very nice.

1421
01:08:46,640 --> 01:08:47,920
Speaker 2: That's well intentioned.

1422
01:08:48,160 --> 01:08:49,560
Speaker 8: There's a lot of people will like that.

1423
01:08:49,760 --> 01:08:51,479
Speaker 26: But I think, you know, when you really think about it,

1424
01:08:52,160 --> 01:08:55,519
Speaker 26: there is a merchant fee from banks or from other

1425
01:08:55,800 --> 01:08:56,760
Speaker 26: payment providers.

1426
01:08:56,880 --> 01:08:58,439
Speaker 2: It does have to be paid.

1427
01:08:59,320 --> 01:09:01,920
Speaker 26: And so look, actually one way to think about this

1428
01:09:02,120 --> 01:09:05,559
Speaker 26: is all the government's doing by banning the surchargers as

1429
01:09:05,640 --> 01:09:09,200
Speaker 26: they're making the whole thing less transparent. The fee, the cost,

1430
01:09:09,280 --> 01:09:12,400
Speaker 26: the price in the end to someone that someone's got

1431
01:09:12,439 --> 01:09:15,280
Speaker 26: to pay, whether it's consumers or resumes. It doesn't go away.

1432
01:09:15,800 --> 01:09:16,759
Speaker 2: It's just being hidden.

1433
01:09:17,280 --> 01:09:18,920
Speaker 3: Now what do you think is going on here? So

1434
01:09:18,920 --> 01:09:21,120
Speaker 3: I'm go and put your political hat on and explain

1435
01:09:21,240 --> 01:09:23,160
Speaker 3: this to me, because this is a government that's supposed

1436
01:09:23,200 --> 01:09:26,880
Speaker 3: to be pro business, pro smaller medium enterprise, and yet

1437
01:09:26,880 --> 01:09:29,040
Speaker 3: they've done something that they know full well is going

1438
01:09:29,080 --> 01:09:30,200
Speaker 3: to hurt these guys. Why they do it?

1439
01:09:31,000 --> 01:09:33,000
Speaker 26: What I suppose this is in there in there? You know,

1440
01:09:33,520 --> 01:09:37,960
Speaker 26: there was so many you know, unintended consequences come from that.

1441
01:09:38,280 --> 01:09:41,040
Speaker 26: They've got good intentions. They're sitting there thinking well, this

1442
01:09:41,240 --> 01:09:43,040
Speaker 26: is going to be good for consumers. We've heard a

1443
01:09:43,080 --> 01:09:46,760
Speaker 26: lot of gripes about this out on the stumps, but they,

1444
01:09:47,280 --> 01:09:49,679
Speaker 26: you know, I think in the Chamber of commerce movement

1445
01:09:49,760 --> 01:09:52,360
Speaker 26: thinks haven't really thought it through. I think the other

1446
01:09:52,479 --> 01:09:55,439
Speaker 26: surprising thing about this is when you think about someone

1447
01:09:55,560 --> 01:09:58,960
Speaker 26: has to pay, it may well be in many cases

1448
01:10:00,200 --> 01:10:04,240
Speaker 26: that the retailers that the SMEs paying it. But I still,

1449
01:10:04,320 --> 01:10:05,920
Speaker 26: for the life and we can't see why, you know,

1450
01:10:05,920 --> 01:10:08,599
Speaker 26: you wouldn't have gone to source of the fees, which,

1451
01:10:08,640 --> 01:10:12,559
Speaker 26: as I say, as banks fundamentally and other payment providers,

1452
01:10:12,600 --> 01:10:15,719
Speaker 26: why they haven't gone there and instead they're probably getting

1453
01:10:15,960 --> 01:10:18,599
Speaker 26: you know, ninety seven percent of businesses the SMEs.

1454
01:10:19,200 --> 01:10:20,160
Speaker 2: That's a bit beyond me.

1455
01:10:20,760 --> 01:10:24,000
Speaker 3: Listen, have you got a grip yet on just how

1456
01:10:24,400 --> 01:10:27,360
Speaker 3: this actually works? How much the banks are responsible, how

1457
01:10:27,439 --> 01:10:31,479
Speaker 3: much for how much the visit MasterCard guides are responsible for?

1458
01:10:31,520 --> 01:10:33,880
Speaker 3: Because it's so complex, it's really hard to rewind, isn't it.

1459
01:10:34,760 --> 01:10:37,400
Speaker 26: No, Look we haven't. I mean, what's happened yesterday? The

1460
01:10:37,400 --> 01:10:40,240
Speaker 26: announcement was on Monday yesterday. As I say, my emails

1461
01:10:40,280 --> 01:10:43,200
Speaker 26: were hot, literally from the morons of all the Cambridge

1462
01:10:43,240 --> 01:10:46,000
Speaker 26: through the Southland and Queenstown Chambers of Commerce.

1463
01:10:46,040 --> 01:10:46,560
Speaker 2: They were all on.

1464
01:10:46,680 --> 01:10:48,920
Speaker 26: They were getting a lot of feedback, so I couldn't

1465
01:10:49,000 --> 01:10:51,360
Speaker 26: tell you a percentage. I think what's true is, you know,

1466
01:10:51,439 --> 01:10:54,400
Speaker 26: if we're being objective about this, there will be cases

1467
01:10:54,439 --> 01:10:55,360
Speaker 26: where the bank put on.

1468
01:10:55,720 --> 01:10:58,720
Speaker 8: You know, X, and there'll be retailers who put on

1469
01:10:58,800 --> 01:10:59,280
Speaker 8: a bit more.

1470
01:10:59,200 --> 01:11:01,599
Speaker 26: Than that they sweet in the deal. But I'll give

1471
01:11:01,600 --> 01:11:04,240
Speaker 26: you an example I just saw in from the Queenstown Chamber.

1472
01:11:04,960 --> 01:11:08,840
Speaker 26: You know, travel agents they can no longer charge any

1473
01:11:08,880 --> 01:11:12,400
Speaker 26: commission on the likes of Air New Zealand fees, you know,

1474
01:11:12,640 --> 01:11:15,000
Speaker 26: so if the punter comes in and wants to pay

1475
01:11:15,120 --> 01:11:17,840
Speaker 26: for that on credit card, you.

1476
01:11:17,880 --> 01:11:19,599
Speaker 2: Know, by tapping their card.

1477
01:11:20,120 --> 01:11:22,640
Speaker 26: Look, actually, one way to think about it as a

1478
01:11:22,720 --> 01:11:26,760
Speaker 26: travel agent is helping pay for that person's holiday, right,

1479
01:11:26,840 --> 01:11:29,800
Speaker 26: They are paying real cost with that. So that's the

1480
01:11:29,920 --> 01:11:31,679
Speaker 26: sort of thing we're talking about.

1481
01:11:31,960 --> 01:11:33,920
Speaker 3: Yeah, all right, do you reckon you can get them

1482
01:11:33,960 --> 01:11:34,400
Speaker 3: to back down.

1483
01:11:36,040 --> 01:11:36,800
Speaker 2: I think we'll try.

1484
01:11:36,920 --> 01:11:38,280
Speaker 26: I mean, I think what we need to do is

1485
01:11:38,840 --> 01:11:42,080
Speaker 26: is talk to ministers. Look, there's definitely an issue here,

1486
01:11:42,920 --> 01:11:46,360
Speaker 26: but the way through isn't I don't think unnecessarily this

1487
01:11:47,280 --> 01:11:49,120
Speaker 26: they're talking about a bill before the end of the

1488
01:11:49,240 --> 01:11:51,000
Speaker 26: year and you can beat your bottom dollar that the

1489
01:11:51,120 --> 01:11:53,320
Speaker 26: Chambers of Commerce will be submitted on it go you.

1490
01:11:53,560 --> 01:11:56,840
Speaker 3: That's the spirit. Simon Bridges, CEO of the Auckland Business

1491
01:11:56,920 --> 01:11:58,639
Speaker 3: Chamber twelve Fastwether.

1492
01:11:58,160 --> 01:11:58,439
Speaker 8: Do for.

1493
01:12:00,600 --> 01:12:03,559
Speaker 3: Althy're just evacuating the workers at Fukushima Nuclear Plant at

1494
01:12:03,600 --> 01:12:05,400
Speaker 3: the moment on account of what's happening there with the

1495
01:12:05,439 --> 01:12:09,560
Speaker 3: tsunamis and the earthquakes and all the stuff. So a

1496
01:12:09,600 --> 01:12:12,200
Speaker 3: little update on Adrian Or is that Treasury has now

1497
01:12:12,280 --> 01:12:18,200
Speaker 3: released more information whose remembered. Ah, you know what, it's

1498
01:12:18,320 --> 01:12:20,680
Speaker 3: not the thing that happened that's the problem. It's the

1499
01:12:20,760 --> 01:12:23,519
Speaker 3: cover up that's the problem. Always the case, and the

1500
01:12:23,640 --> 01:12:26,479
Speaker 3: problem with all of these government agencies is so what

1501
01:12:26,680 --> 01:12:29,200
Speaker 3: if Adrian Or had done some swearing and shouting and stuff.

1502
01:12:29,240 --> 01:12:31,080
Speaker 3: Nobody's surprised by that. We all knew he behaved like

1503
01:12:31,160 --> 01:12:33,400
Speaker 3: that is fiery redhead. We could see it, and we'd

1504
01:12:33,439 --> 01:12:37,040
Speaker 3: heard the yarns right anyway, it's them trying to cover

1505
01:12:37,160 --> 01:12:39,000
Speaker 3: up and don't tell anybody what happened, or don't release

1506
01:12:39,040 --> 01:12:41,799
Speaker 3: that No, don't release that information through the OAA anyway.

1507
01:12:41,800 --> 01:12:43,599
Speaker 3: So now they've released some information, they say they're doing

1508
01:12:43,640 --> 01:12:46,839
Speaker 3: it now because of the passage of time, which apparently

1509
01:12:46,880 --> 01:12:50,200
Speaker 3: makes everything better. It's not even that bad. It's a minute.

1510
01:12:50,280 --> 01:12:53,920
Speaker 3: It's minutes from a meeting. This is the treasury meeting

1511
01:12:54,000 --> 01:12:56,559
Speaker 3: that happened on February twenty four, only a few days

1512
01:12:56,600 --> 01:12:58,800
Speaker 3: before he finally packed us tanty and headed out the door.

1513
01:12:58,800 --> 01:13:01,320
Speaker 3: And at the meeting is Neil quick and Christian Hawksby,

1514
01:13:01,320 --> 01:13:03,920
Speaker 3: who's now, of course, the acting governor, and Ian Rennie

1515
01:13:03,960 --> 01:13:06,720
Speaker 3: the Treasury Secretary, and four other officials, and don't don't

1516
01:13:06,880 --> 01:13:10,280
Speaker 3: own Adrian or so anyway, the minutes appeared to make

1517
01:13:10,320 --> 01:13:13,040
Speaker 3: it clear that Adrian Or pushed back against Nichola Willis's

1518
01:13:13,040 --> 01:13:16,240
Speaker 3: expectations for a review of tougher bank capital rules that

1519
01:13:16,320 --> 01:13:18,040
Speaker 3: he is believed to have viewed as an important part

1520
01:13:18,080 --> 01:13:20,640
Speaker 3: of his legacy at the bank. Knew that, and that

1521
01:13:20,720 --> 01:13:22,800
Speaker 3: a rift had opened up between him and the board

1522
01:13:22,840 --> 01:13:25,000
Speaker 3: on the minimum funding that the Reserve Bank required. In

1523
01:13:25,080 --> 01:13:28,320
Speaker 3: other words, the Minister was saying, Nichola was saying, you're

1524
01:13:28,360 --> 01:13:30,080
Speaker 3: only going to get this much money, and Neil quickly

1525
01:13:30,360 --> 01:13:31,840
Speaker 3: was going, that's right, We're only going to get that

1526
01:13:31,960 --> 01:13:34,280
Speaker 3: much money. That's all we need. He's the chair. And

1527
01:13:34,400 --> 01:13:36,479
Speaker 3: then Adrian was going no, we need a lot more

1528
01:13:36,520 --> 01:13:38,879
Speaker 3: than that, and he's the governor, and so they would disagree.

1529
01:13:39,240 --> 01:13:43,800
Speaker 3: Hawksby then left then or left early. By the way,

1530
01:13:43,880 --> 01:13:47,360
Speaker 3: the forty five minute meeting hadn't actually wrapped up yet,

1531
01:13:47,560 --> 01:13:50,040
Speaker 3: and after the two of them left, with them out

1532
01:13:50,040 --> 01:13:52,320
Speaker 3: of the room, Neil quickly pipes up and says, basically,

1533
01:13:52,400 --> 01:13:54,120
Speaker 3: it's okay, don't worry. We don't need all the money

1534
01:13:54,160 --> 01:13:56,519
Speaker 3: that Adrian all thinks that we need anyway. That's the

1535
01:13:56,640 --> 01:13:59,680
Speaker 3: nuts and bolts of it. Why why did you not

1536
01:13:59,720 --> 01:14:03,320
Speaker 3: really nothing? It's like no one even wrote down and

1537
01:14:03,400 --> 01:14:06,200
Speaker 3: then he called someone a blah blah. None of the

1538
01:14:06,280 --> 01:14:09,240
Speaker 3: swearing has been written down in this just anyway. I

1539
01:14:09,400 --> 01:14:12,080
Speaker 3: can't because because what's happened is a story that's she'd

1540
01:14:12,080 --> 01:14:14,920
Speaker 3: been over and done with that day, that week is

1541
01:14:15,000 --> 01:14:15,880
Speaker 3: now dragging.

1542
01:14:15,600 --> 01:14:16,280
Speaker 2: Onto what is this?

1543
01:14:16,720 --> 01:14:20,599
Speaker 3: We are close to month five on the World's most

1544
01:14:20,760 --> 01:14:24,200
Speaker 3: boring resignation story fourteen past six.

1545
01:14:25,120 --> 01:14:28,360
Speaker 9: It's the Heather Duper c Allen Drive Full Show podcast

1546
01:14:28,479 --> 01:14:31,360
Speaker 9: on my Heart Radio powered by Newstalk Zebbie.

1547
01:14:32,640 --> 01:14:34,280
Speaker 3: If you're a fan of Harry Styles, you're going to

1548
01:14:34,320 --> 01:14:35,960
Speaker 3: want to hear the Harry Styles news I've got for

1549
01:14:36,040 --> 01:14:38,840
Speaker 3: you in just a minute seventeen past six. Now, after

1550
01:14:39,000 --> 01:14:41,720
Speaker 3: years of an historically strong US labor market, there are

1551
01:14:41,760 --> 01:14:44,880
Speaker 3: now growing signs of softening beneath the surface. Brendan Larson

1552
01:14:45,280 --> 01:14:47,599
Speaker 3: from Milford Asset Management is with US afternoon.

1553
01:14:47,640 --> 01:14:49,240
Speaker 2: Brendan, Good evening.

1554
01:14:49,400 --> 01:14:51,439
Speaker 3: Right, Let's start a little bit with some background before

1555
01:14:51,439 --> 01:14:52,960
Speaker 3: we dive into what's actually changed here.

1556
01:14:54,240 --> 01:14:57,160
Speaker 22: Oh yeah, sure, So, I guess over recent years, the

1557
01:14:57,280 --> 01:15:01,360
Speaker 22: US labor market has been extremely strong. Coming out of COVID,

1558
01:15:01,520 --> 01:15:03,240
Speaker 22: consumers had a lot of money and a lot of

1559
01:15:03,280 --> 01:15:06,800
Speaker 22: pent up demand for goods and then eventually services. So

1560
01:15:06,880 --> 01:15:10,160
Speaker 22: this resulted in a surgeon consumption, which I guess meant

1561
01:15:10,280 --> 01:15:13,400
Speaker 22: that business has required more and more workers. I guess

1562
01:15:13,479 --> 01:15:16,320
Speaker 22: the best reflection of this is really looking at demand indicators.

1563
01:15:16,479 --> 01:15:19,920
Speaker 22: So the Job Openings and Labor Turnover Survey referred to

1564
01:15:20,000 --> 01:15:22,000
Speaker 22: as jolts AS is probably the best one to look at,

1565
01:15:22,560 --> 01:15:24,800
Speaker 22: and that surged to a high of twelve million job

1566
01:15:24,880 --> 01:15:28,759
Speaker 22: openings in twenty twenty two. So for perspective, that implies

1567
01:15:28,840 --> 01:15:32,360
Speaker 22: two job openings for every one unemployed person. So while

1568
01:15:32,439 --> 01:15:36,880
Speaker 22: demand surged initially, supply of labor was subdued. Participatient rates

1569
01:15:36,920 --> 01:15:40,280
Speaker 22: were low after COVID immigration was weak with travel, and

1570
01:15:40,400 --> 01:15:43,320
Speaker 22: so that meant that the demand massively ours striped supply,

1571
01:15:43,439 --> 01:15:46,240
Speaker 22: and the unemployment rate quickly declined from that thirteen percent

1572
01:15:46,360 --> 01:15:48,479
Speaker 22: peak in twenty twenty to a trough of three and

1573
01:15:48,520 --> 01:15:50,360
Speaker 22: a half percent in twenty twenty two.

1574
01:15:50,640 --> 01:15:52,800
Speaker 3: Yeah, the supply picture changed quite a lot as the

1575
01:15:52,800 --> 01:15:54,519
Speaker 3: country's reopened after COVID dy.

1576
01:15:55,520 --> 01:15:56,280
Speaker 2: Yeah, that's right here.

1577
01:15:56,320 --> 01:15:59,840
Speaker 22: The immigration surged in the US actually after twenty twenty

1578
01:15:59,880 --> 01:16:02,920
Speaker 22: two too, sort of Biden government in particular were really

1579
01:16:03,040 --> 01:16:05,719
Speaker 22: keen to get migrants into the US to support growth.

1580
01:16:06,600 --> 01:16:07,200
Speaker 8: So we saw.

1581
01:16:07,120 --> 01:16:09,519
Speaker 22: Immigration reach a peak of three and a half million

1582
01:16:09,560 --> 01:16:12,160
Speaker 22: in twenty twenty three. So that's three and a half

1583
01:16:12,280 --> 01:16:15,240
Speaker 22: times the average rate pre pandemic. And so that did

1584
01:16:15,400 --> 01:16:18,519
Speaker 22: two things really for the US economy. One that added

1585
01:16:18,560 --> 01:16:21,639
Speaker 22: significant supply of labor to a very tight jobs market,

1586
01:16:22,400 --> 01:16:24,000
Speaker 22: and two it meant there were more people in the

1587
01:16:24,120 --> 01:16:27,880
Speaker 22: US consuming goods and services, which obviously boosted GDP likes

1588
01:16:27,920 --> 01:16:28,960
Speaker 22: the Biden government wanted.

1589
01:16:29,520 --> 01:16:32,000
Speaker 3: And so how was President Trump's focus on reducing immigration

1590
01:16:32,200 --> 01:16:32,800
Speaker 3: changing this up?

1591
01:16:34,080 --> 01:16:37,040
Speaker 22: Yeah, so we're actually seeing that immigration crackdown already show

1592
01:16:37,120 --> 01:16:40,000
Speaker 22: up in the data. So nit immigration is annualizing at

1593
01:16:40,000 --> 01:16:42,280
Speaker 22: a pace of about five hundred thousand at the moment,

1594
01:16:42,680 --> 01:16:44,920
Speaker 22: and so that's obviously done materially from that three and

1595
01:16:44,920 --> 01:16:48,080
Speaker 22: a half million level of twenty twenty three and half

1596
01:16:48,160 --> 01:16:51,200
Speaker 22: the pace of the pre pandemic trend. But this lower

1597
01:16:51,240 --> 01:16:54,760
Speaker 22: immigration is also masking some softness in the demand side

1598
01:16:54,800 --> 01:16:58,040
Speaker 22: of the US labor market. So overnight we got updated

1599
01:16:58,160 --> 01:17:02,000
Speaker 22: Joltz data that showed vacance's declined to seven point four million,

1600
01:17:02,400 --> 01:17:04,960
Speaker 22: so that ratio is now shifted to one job opening

1601
01:17:05,040 --> 01:17:08,200
Speaker 22: for every one unemployed person, and the trend in recent

1602
01:17:08,280 --> 01:17:12,120
Speaker 22: payroll data is also declined. But with this huge decline

1603
01:17:12,120 --> 01:17:14,680
Speaker 22: in immigration, we're seeing really the opposite effect of what

1604
01:17:14,760 --> 01:17:17,759
Speaker 22: occurred in twenty twenty two, so this removal of supply

1605
01:17:17,880 --> 01:17:21,360
Speaker 22: of laborer from the market. So that means despite falling

1606
01:17:21,400 --> 01:17:25,040
Speaker 22: demand for labor, supply is falling and therefore the unemployment

1607
01:17:25,120 --> 01:17:27,360
Speaker 22: rate isn't rising as much as one would expect, and

1608
01:17:27,520 --> 01:17:30,599
Speaker 22: hence this masking of some of this weakness. We actually

1609
01:17:30,640 --> 01:17:33,000
Speaker 22: get new data later this week on payrolls, and that's

1610
01:17:33,080 --> 01:17:36,600
Speaker 22: really quite important for a direction of monetary policy in.

1611
01:17:36,640 --> 01:17:39,000
Speaker 3: The US, and how does it compare if you have

1612
01:17:39,080 --> 01:17:40,439
Speaker 3: a look at what's going on with the New Zealand

1613
01:17:40,520 --> 01:17:41,040
Speaker 3: labor market.

1614
01:17:42,360 --> 01:17:42,519
Speaker 2: Look.

1615
01:17:42,600 --> 01:17:45,439
Speaker 22: As we know, the New Zealand economy remains quite weak

1616
01:17:45,880 --> 01:17:48,600
Speaker 22: and this is also reflected in the labor market. So

1617
01:17:48,680 --> 01:17:51,840
Speaker 22: the unemployment rate in New Zealand has risen from a

1618
01:17:51,920 --> 01:17:54,519
Speaker 22: low of about three point two percent in twenty twenty

1619
01:17:54,600 --> 01:17:57,960
Speaker 22: two to five point one percent in Q one this year.

1620
01:17:58,760 --> 01:18:02,120
Speaker 22: On the demand side, job advertisements had stabilized, but data

1621
01:18:02,200 --> 01:18:05,640
Speaker 22: this week actually confirmed a renewed down trend. There are

1622
01:18:05,680 --> 01:18:08,439
Speaker 22: actually some similarities as well between the New Zealand and

1623
01:18:08,640 --> 01:18:11,919
Speaker 22: US labor markets, so supply of labor is also reducing

1624
01:18:11,960 --> 01:18:15,439
Speaker 22: in New Zealand, which is partially balancing that decline and demand.

1625
01:18:16,040 --> 01:18:18,400
Speaker 22: For example, the unemployment rate in Q one this year

1626
01:18:18,439 --> 01:18:20,880
Speaker 22: would have actually been higher if it wasn't for the

1627
01:18:21,080 --> 01:18:24,200
Speaker 22: decline and participation, and so I think that really reflects

1628
01:18:24,240 --> 01:18:27,800
Speaker 22: two important things. One job seekers are opting out of

1629
01:18:27,880 --> 01:18:31,960
Speaker 22: the market given difficulties finding work, and two immigration is

1630
01:18:32,040 --> 01:18:33,519
Speaker 22: now a lot lower in New Zealand than what it

1631
01:18:33,600 --> 01:18:36,839
Speaker 22: had been. The good news is that the further weakening

1632
01:18:36,880 --> 01:18:39,960
Speaker 22: in the labor market and a slow economic recovery and

1633
01:18:40,080 --> 01:18:42,720
Speaker 22: inflation data that is within the band does mean that

1634
01:18:42,840 --> 01:18:45,360
Speaker 22: we think there is continued scope for more rate cuts

1635
01:18:45,400 --> 01:18:46,040
Speaker 22: from the IBNZ.

1636
01:18:46,280 --> 01:18:48,439
Speaker 3: Excellent what we want to hear, Brandon, thank you, Brandan

1637
01:18:48,479 --> 01:18:49,799
Speaker 3: Lars and Milford Acid Management.

1638
01:18:50,600 --> 01:18:51,839
Speaker 2: Here the dupless Ellen.

1639
01:18:52,360 --> 01:18:54,479
Speaker 3: Some more good news to the number of US switching

1640
01:18:54,520 --> 01:18:56,600
Speaker 3: banks to get a better mortgage deal has hit a

1641
01:18:56,640 --> 01:18:58,880
Speaker 3: record high. So this is according to latest data from

1642
01:18:58,920 --> 01:19:01,680
Speaker 3: the Reserve Bank. It shows that last month there was

1643
01:19:01,840 --> 01:19:04,599
Speaker 3: eight point three billion dollars worth of so called new

1644
01:19:04,680 --> 01:19:07,799
Speaker 3: mortgage commitments and of that of the eight point three billion,

1645
01:19:08,520 --> 01:19:12,400
Speaker 3: two point five billion was for people changing banks. That's

1646
01:19:12,520 --> 01:19:15,479
Speaker 3: thirty percent of new orme. That's significant, like one in

1647
01:19:15,640 --> 01:19:18,880
Speaker 3: three people were changing their banks in order to get

1648
01:19:18,920 --> 01:19:21,800
Speaker 3: a better deal. There's three five hundred and fifty three

1649
01:19:21,920 --> 01:19:24,160
Speaker 3: new mortgages. How good is that? I mean, if if?

1650
01:19:24,200 --> 01:19:24,240
Speaker 8: What?

1651
01:19:24,800 --> 01:19:27,200
Speaker 3: Next time Nikola comes out? Not an up competition between

1652
01:19:27,240 --> 01:19:32,160
Speaker 3: the banks. Oh gosh, paper on the microphone. Lord's been

1653
01:19:32,200 --> 01:19:33,800
Speaker 3: a lot of that going on today. By the way,

1654
01:19:34,120 --> 01:19:36,560
Speaker 3: just something's gone wrong with my vision. I don't know

1655
01:19:36,640 --> 01:19:39,840
Speaker 3: what it is. But I took my suit segue like

1656
01:19:39,960 --> 01:19:42,439
Speaker 3: wild Segway, you know. I took my sushi out of

1657
01:19:42,479 --> 01:19:44,120
Speaker 3: the I went and bought sushi, and as I was

1658
01:19:44,160 --> 01:19:46,080
Speaker 3: coming out around the corner of like having filled it

1659
01:19:46,120 --> 01:19:47,400
Speaker 3: up and I was coming around the corner to put

1660
01:19:47,400 --> 01:19:50,080
Speaker 3: it down. I just completely misjudged it and I clipped

1661
01:19:51,120 --> 01:19:54,719
Speaker 3: like that, just clipped the pole and sushi went flying everywhere.

1662
01:19:54,960 --> 01:19:57,000
Speaker 3: And now I've just had the mica with the paper

1663
01:19:57,200 --> 01:19:59,400
Speaker 3: like that. So there's something wrong with me. It's not you,

1664
01:19:59,520 --> 01:20:01,439
Speaker 3: and it's not the sushi guy. It's all meat anyway,

1665
01:20:02,120 --> 01:20:05,240
Speaker 3: Steff Wyo, how good is that? Next time Nikola complains

1666
01:20:05,280 --> 01:20:06,880
Speaker 3: about competition in the banks, you just look at that

1667
01:20:06,960 --> 01:20:08,559
Speaker 3: and you go one and three of us change down

1668
01:20:08,760 --> 01:20:09,879
Speaker 3: who's giving us the mortgage?

1669
01:20:09,920 --> 01:20:10,800
Speaker 11: So what does that tell you?

1670
01:20:10,960 --> 01:20:12,360
Speaker 3: Six twenty three, whether.

1671
01:20:12,240 --> 01:20:16,200
Speaker 9: It's Macro, microbe or just playing economics, it's all on

1672
01:20:16,320 --> 01:20:20,200
Speaker 9: the Business Hour with Heather Duplicy Ellen and MS for

1673
01:20:20,400 --> 01:20:22,640
Speaker 9: Trusted Home Insurance Solutions.

1674
01:20:22,560 --> 01:20:23,280
Speaker 2: Use talks Be.

1675
01:20:24,400 --> 01:20:25,720
Speaker 3: I don't know if I explained to you just how

1676
01:20:25,760 --> 01:20:28,560
Speaker 3: excited I am about Kiwi Bank getting the partial privatization.

1677
01:20:28,640 --> 01:20:31,200
Speaker 3: I mean, this thing's long overdue, so yay for that.

1678
01:20:31,400 --> 01:20:34,080
Speaker 3: And we'll talk to jenatib Trainey about it in ten minutes.

1679
01:20:34,080 --> 01:20:39,960
Speaker 3: It's twenty six past six, did you know Business Harry

1680
01:20:40,040 --> 01:20:42,360
Speaker 3: Styles may not be currently working on a new album,

1681
01:20:42,400 --> 01:20:45,320
Speaker 3: but he's been working on something else. He's got a brand.

1682
01:20:45,360 --> 01:20:48,559
Speaker 3: It's called Pleasing. It's known for selling clothing and skincare, perfume,

1683
01:20:48,560 --> 01:20:51,559
Speaker 3: and it's just entered a new market sexual wellness.

1684
01:20:51,680 --> 01:20:52,519
Speaker 2: Please yourself, like.

1685
01:20:54,040 --> 01:20:57,040
Speaker 3: Hmm, please yourself like you mean it. He says, he's

1686
01:20:57,080 --> 01:21:04,760
Speaker 3: selling his very own vibrator and also personal lubricant and

1687
01:21:04,880 --> 01:21:06,760
Speaker 3: you can pick up both items for a cool one

1688
01:21:06,840 --> 01:21:10,160
Speaker 3: hundred and fifty New Zealand dollars. And naturally, fans, we're

1689
01:21:10,240 --> 01:21:13,320
Speaker 3: very normal about this announcement. Reviewing the product on TikTok.

1690
01:21:13,640 --> 01:21:17,560
Speaker 19: Hey, guys, so I tried it, so we're going to

1691
01:21:17,640 --> 01:21:21,000
Speaker 19: be mature, to be very very honest. I was expecting more.

1692
01:21:21,479 --> 01:21:24,360
Speaker 19: There is only one singular pattern, and it's like a

1693
01:21:24,400 --> 01:21:27,920
Speaker 19: continuous pattern, so it's like a continuous buzz. This is

1694
01:21:27,960 --> 01:21:31,599
Speaker 19: a really great beginner's vibrator, Like if you've never had

1695
01:21:31,640 --> 01:21:35,120
Speaker 19: a vibrator, or if you never had a magic wand

1696
01:21:35,760 --> 01:21:38,920
Speaker 19: then this would be a great place for you to story.

1697
01:21:39,240 --> 01:21:42,000
Speaker 3: Wow, I mean, does your mother know that you're reviewing that?

1698
01:21:42,280 --> 01:21:46,600
Speaker 3: Because anyway, So on the website he's encouraging fans to,

1699
01:21:46,600 --> 01:21:49,160
Speaker 3: you know, follow your curiosity and stuff like that. Explore

1700
01:21:49,200 --> 01:21:51,599
Speaker 3: with everything you've got and you know it's pleasing dot

1701
01:21:51,680 --> 01:21:55,840
Speaker 3: com so you're welcome here that sir, charges I've done

1702
01:21:55,880 --> 01:21:58,560
Speaker 3: the sums. Well, actually, do you know what, I'm not

1703
01:21:58,600 --> 01:22:00,360
Speaker 3: going to do this justice if I just rush us

1704
01:22:00,360 --> 01:22:01,800
Speaker 3: out and read it to you now, So stand by

1705
01:22:01,880 --> 01:22:04,000
Speaker 3: because someone's done the sums on the seurcharges. And I

1706
01:22:04,080 --> 01:22:06,120
Speaker 3: think this is interesting because I think the government's got

1707
01:22:06,120 --> 01:22:08,439
Speaker 3: a little problem here that we're gonna have to discuss

1708
01:22:08,800 --> 01:22:09,799
Speaker 3: headlines next.

1709
01:22:23,240 --> 01:22:28,040
Speaker 9: What an everything from SMS to the big corporates, The

1710
01:22:28,320 --> 01:22:31,960
Speaker 9: Business Hour with Heather Duple, c Ellen and MAS for.

1711
01:22:32,120 --> 01:22:34,840
Speaker 2: Trusted Home Insurance Solutions, news Talks, that'd be.

1712
01:22:35,479 --> 01:22:37,880
Speaker 9: The back.

1713
01:22:41,200 --> 01:22:42,160
Speaker 19: Just you me.

1714
01:22:44,960 --> 01:22:47,800
Speaker 3: It's fooling apart. It's a falling apart at a rate

1715
01:22:47,840 --> 01:22:50,240
Speaker 3: of knots. We're smacking the paper into the mic, dropping

1716
01:22:50,280 --> 01:22:53,000
Speaker 3: the sushi on the ground. Actually, I left my phone

1717
01:22:53,000 --> 01:22:55,640
Speaker 3: in the touch before as well, so I had to

1718
01:22:55,680 --> 01:22:58,080
Speaker 3: send well I didn't. I had to ask Laura if

1719
01:22:58,120 --> 01:22:59,799
Speaker 3: she could please because I was trapped in the studio.

1720
01:23:00,200 --> 01:23:02,439
Speaker 3: So and it's you know, it's like a national security

1721
01:23:02,520 --> 01:23:04,839
Speaker 3: risk of the phone nowadays, it's got lots of information

1722
01:23:05,000 --> 01:23:07,040
Speaker 3: on it. Because Matthew Howson tried to call me today

1723
01:23:07,400 --> 01:23:10,000
Speaker 3: and he pocket diled me. So those kinds of people's

1724
01:23:10,000 --> 01:23:11,719
Speaker 3: phone numbers are on there anyway, So I sent Laura,

1725
01:23:12,040 --> 01:23:13,719
Speaker 3: sent Laura into go and get it, and she'd retrieve

1726
01:23:13,720 --> 01:23:14,920
Speaker 3: the phone. So everything's falling apart.

1727
01:23:14,960 --> 01:23:17,120
Speaker 25: So Laura did say she wouldn't be a very good

1728
01:23:17,120 --> 01:23:18,800
Speaker 25: team leader if she sent me or Sam to go

1729
01:23:18,960 --> 01:23:20,599
Speaker 25: get the phone from the woman's toilets.

1730
01:23:20,640 --> 01:23:22,240
Speaker 3: Well, what kind of a team leader does it make me?

1731
01:23:22,479 --> 01:23:23,920
Speaker 3: I'm also a team leader, aren't i?

1732
01:23:24,040 --> 01:23:24,280
Speaker 2: Or am I?

1733
01:23:24,520 --> 01:23:30,000
Speaker 3: No, I'm supported. I am on air anyway. Gavin Gray's

1734
01:23:30,040 --> 01:23:31,160
Speaker 3: going to But that's the point I was trying to

1735
01:23:31,200 --> 01:23:32,840
Speaker 3: get to. Gavin Gray is going to be at US

1736
01:23:32,880 --> 01:23:34,400
Speaker 3: and ten minutes out of the UK where things are

1737
01:23:34,439 --> 01:23:37,240
Speaker 3: kicking off on Gaza obviously now and this is the text. Okay,

1738
01:23:37,280 --> 01:23:41,160
Speaker 3: Heather surcharges, I've done the sums. It was costing me

1739
01:23:41,360 --> 01:23:43,680
Speaker 3: about two and a half thousand dollars a month or

1740
01:23:43,840 --> 01:23:47,320
Speaker 3: thirty thousand dollars per annum. Right, this is what Scott

1741
01:23:47,400 --> 01:23:50,000
Speaker 3: since has just gone and banned made this business absorb.

1742
01:23:50,400 --> 01:23:53,000
Speaker 3: That's half an annual wage. Further, I used to suck

1743
01:23:53,080 --> 01:23:55,560
Speaker 3: it up until COVID, but then we started charging for it,

1744
01:23:55,600 --> 01:23:57,040
Speaker 3: and what I found was a lot of people were

1745
01:23:57,080 --> 01:23:59,880
Speaker 3: only using their credit card for loyalty points, and I

1746
01:24:00,120 --> 01:24:03,280
Speaker 3: was subsidizing them. The surcharge has worked wonders putting people

1747
01:24:03,320 --> 01:24:05,200
Speaker 3: off that kind of behavior. It went from two and

1748
01:24:05,240 --> 01:24:07,719
Speaker 3: a half thousand dollars a month to down to four

1749
01:24:07,840 --> 01:24:10,400
Speaker 3: hundred dollars a month. I don't think that that has

1750
01:24:10,439 --> 01:24:13,439
Speaker 3: been taken into consideration either, Aaron, thank you. No, I

1751
01:24:13,479 --> 01:24:15,400
Speaker 3: don't think it has. And I think the government's actually

1752
01:24:15,400 --> 01:24:17,000
Speaker 3: gonna have to do a partial backdown on this, if

1753
01:24:17,040 --> 01:24:20,320
Speaker 3: not a total backdown, because this is as it says

1754
01:24:20,320 --> 01:24:22,720
Speaker 3: a lot that old Simon Bridges has come out against it.

1755
01:24:22,760 --> 01:24:27,400
Speaker 3: Anyway on that subject, see Drake has finally canceled his show.

1756
01:24:27,720 --> 01:24:31,120
Speaker 3: Now that's that's a laugh, isn't it. Because Drake's show

1757
01:24:31,200 --> 01:24:33,479
Speaker 3: was supposed to happen in February, and then when he

1758
01:24:33,600 --> 01:24:35,640
Speaker 3: was in Australia or something like that, I don't know.

1759
01:24:35,680 --> 01:24:38,680
Speaker 3: It was about a month beforehand he postponed it and

1760
01:24:38,760 --> 01:24:41,160
Speaker 3: people were like, oh whatever, mate, and then finally got

1761
01:24:41,240 --> 01:24:44,360
Speaker 3: round to canceling it some five months later. I want

1762
01:24:44,400 --> 01:24:47,679
Speaker 3: to I don't know anybody who's got tickets who had

1763
01:24:47,800 --> 01:24:49,720
Speaker 3: tickets to Drake, but I want to know this. If

1764
01:24:49,760 --> 01:24:51,680
Speaker 3: you do, can you please text me and let me

1765
01:24:51,800 --> 01:24:55,439
Speaker 3: know whether you're getting your full amount of money back?

1766
01:24:56,000 --> 01:24:57,439
Speaker 3: Because I don't know if you know this, but this

1767
01:24:57,560 --> 01:24:59,280
Speaker 3: is one of this. This is the stuff that really

1768
01:24:59,320 --> 01:25:01,160
Speaker 3: winds me up about the surcharge is that if you

1769
01:25:01,200 --> 01:25:03,080
Speaker 3: want to go to a concert, you go through ticket

1770
01:25:03,120 --> 01:25:05,320
Speaker 3: Tech or you go through ticket Master, you've got to

1771
01:25:05,400 --> 01:25:08,080
Speaker 3: pay this extraordinary amount of money for the privilege of

1772
01:25:08,160 --> 01:25:10,240
Speaker 3: having them process your tickets to you, which is ridiculous

1773
01:25:10,280 --> 01:25:12,719
Speaker 3: because they're just sending it to your phone, no paper involved.

1774
01:25:12,960 --> 01:25:16,280
Speaker 3: What are rut anyway, So Ticketech charge is five dollars

1775
01:25:16,320 --> 01:25:19,559
Speaker 3: fifty per handling, Like, so if you buy four tickets

1776
01:25:19,600 --> 01:25:21,519
Speaker 3: for you and your friends, you pay five dollars fifty

1777
01:25:21,520 --> 01:25:23,120
Speaker 3: and there might be some other costs. I don't really

1778
01:25:23,200 --> 01:25:24,840
Speaker 3: know anyway, What I want to know is that you're

1779
01:25:24,840 --> 01:25:26,920
Speaker 3: getting just when you get the refund for Drake, do

1780
01:25:27,000 --> 01:25:28,880
Speaker 3: you just get the tickets or do you get their

1781
01:25:29,280 --> 01:25:34,160
Speaker 3: five dollars fifty handling feedback? Because because this is this

1782
01:25:34,320 --> 01:25:36,040
Speaker 3: is quite bad if they don't send it back to you,

1783
01:25:36,320 --> 01:25:38,679
Speaker 3: because if a thousand people go and buy these tickets,

1784
01:25:38,760 --> 01:25:41,479
Speaker 3: then that's what that's five and a half thousand dollars

1785
01:25:42,320 --> 01:25:44,080
Speaker 3: and if they don't refund it that they're just sitting

1786
01:25:44,120 --> 01:25:46,360
Speaker 3: there with five and it PEPs more than a thousand

1787
01:25:46,360 --> 01:25:48,040
Speaker 3: people would have bought tickets to Drake, do you know

1788
01:25:48,120 --> 01:25:51,719
Speaker 3: what I mean? Anyway, I sent them an email Ticketech today,

1789
01:25:52,600 --> 01:25:54,400
Speaker 3: but it was an Australian. They don't know who I am,

1790
01:25:54,800 --> 01:25:56,560
Speaker 3: and I said, deadline is four o'clock and then I

1791
01:25:56,680 --> 01:25:58,360
Speaker 3: laughed at myself because there was no way. And no,

1792
01:25:58,600 --> 01:26:01,040
Speaker 3: it's now close to seven and I still haven't got

1793
01:26:01,040 --> 01:26:03,280
Speaker 3: an email back. So now I'm just crowdsourcing the information.

1794
01:26:03,680 --> 01:26:06,479
Speaker 3: So if you have got tickets and you're getting a refund,

1795
01:26:06,479 --> 01:26:07,880
Speaker 3: please let me know if you're getting the whole amount.

1796
01:26:07,920 --> 01:26:09,640
Speaker 3: Otherwise we have to wait for tomorrow for Ticketek to

1797
01:26:09,640 --> 01:26:12,120
Speaker 3: maybe get back to me. Right now, it's nineteen or

1798
01:26:12,160 --> 01:26:13,240
Speaker 3: twenty one rather away from.

1799
01:26:13,160 --> 01:26:15,439
Speaker 2: Seven together do for sel. So.

1800
01:26:15,600 --> 01:26:17,599
Speaker 3: The government has given the green light to a partial

1801
01:26:17,680 --> 01:26:20,080
Speaker 3: privatization of Kiwi Bank. The bank's going to raise up

1802
01:26:20,120 --> 01:26:23,360
Speaker 3: to half a billion dollars from investors. Finance Minister Nikola

1803
01:26:23,360 --> 01:26:25,560
Speaker 3: Willis told us earlier why we're not raising more than that?

1804
01:26:26,080 --> 01:26:29,360
Speaker 8: Yeah, Look, it's a really good question. Actually Kiwibank is

1805
01:26:29,400 --> 01:26:34,040
Speaker 8: in the midst of a digital transformation and their view

1806
01:26:34,560 --> 01:26:40,599
Speaker 8: is that completing that is actually necessary before they go bigger.

1807
01:26:40,920 --> 01:26:43,719
Speaker 8: And in terms of the Crown getting the most value

1808
01:26:43,800 --> 01:26:46,479
Speaker 8: for at stake, that we will get more value in

1809
01:26:46,560 --> 01:26:49,000
Speaker 8: the future once that transformation has occurred.

1810
01:26:49,120 --> 01:26:51,600
Speaker 3: Genatib Trainey is The Herald's Wellington Business editor and with

1811
01:26:51,720 --> 01:26:54,439
Speaker 3: us evening Janey Hi Heather Right, So more to come

1812
01:26:54,520 --> 01:26:56,320
Speaker 3: and what do you think listed on the share market.

1813
01:26:58,000 --> 01:27:01,519
Speaker 27: I think of National and Act had their way, then

1814
01:27:01,680 --> 01:27:04,479
Speaker 27: kee We Bank will be listed on the New Zealand

1815
01:27:04,479 --> 01:27:07,840
Speaker 27: Stock Exchange. I think there's probably still be some restrictions

1816
01:27:07,880 --> 01:27:11,000
Speaker 27: around that though, like Nicola Willis suggests that she wants

1817
01:27:11,640 --> 01:27:14,000
Speaker 27: kee We Bank to be for the government to still

1818
01:27:14,080 --> 01:27:17,080
Speaker 27: have a decent chunk of ownership and for it largely

1819
01:27:17,240 --> 01:27:20,519
Speaker 27: to remain New Zealand owned. So I think if it

1820
01:27:20,680 --> 01:27:22,800
Speaker 27: is listed, it'll be listed with a whole bunch of

1821
01:27:23,320 --> 01:27:26,920
Speaker 27: ifs and bats. New Zealand first would be the spanner

1822
01:27:26,960 --> 01:27:32,280
Speaker 27: in the works. Potentially, if this coalition government you know,

1823
01:27:32,600 --> 01:27:36,120
Speaker 27: gets through the election and continues to govern after next year.

1824
01:27:37,479 --> 01:27:39,360
Speaker 3: What is it that they are so apart? Because I mean,

1825
01:27:39,479 --> 01:27:41,400
Speaker 3: surely we look at the example of I don't know

1826
01:27:41,479 --> 01:27:44,280
Speaker 3: any of the power companies or in New Zealand, and

1827
01:27:44,400 --> 01:27:47,040
Speaker 3: we say it's working well, right, that it's brought in efficiencies,

1828
01:27:47,080 --> 01:27:49,640
Speaker 3: it's turning greater amount of money to the government now

1829
01:27:49,680 --> 01:27:52,599
Speaker 3: that they're listed and the government still has majority ownership.

1830
01:27:52,640 --> 01:27:54,040
Speaker 3: So what are they concerned about?

1831
01:27:54,880 --> 01:27:57,000
Speaker 27: Yeah, Look, I think New Zealand first has always been

1832
01:27:57,120 --> 01:28:01,000
Speaker 27: of the idea that the state should hold onto its assets,

1833
01:28:01,040 --> 01:28:03,800
Speaker 27: and you know, it's been it's very wary of having

1834
01:28:04,320 --> 01:28:07,759
Speaker 27: foreign ownership of our assets. So that's just the position

1835
01:28:07,880 --> 01:28:11,280
Speaker 27: that it's always taken. I did ask nicol Well as

1836
01:28:11,360 --> 01:28:14,080
Speaker 27: that today though, like like what what actually is the

1837
01:28:14,200 --> 01:28:18,439
Speaker 27: problem of having more more foreign ownership foreign investment, And

1838
01:28:18,600 --> 01:28:22,800
Speaker 27: she pointed to the fact that Kiwi's like Kiwibank being

1839
01:28:22,920 --> 01:28:26,560
Speaker 27: Kiwi owned. There's some sort of sentimental aspect around that,

1840
01:28:27,000 --> 01:28:30,120
Speaker 27: and that's actually part of Kiwibank's value proposition. You know,

1841
01:28:30,200 --> 01:28:33,680
Speaker 27: it attracts customers that support that concept, and you know,

1842
01:28:33,720 --> 01:28:35,280
Speaker 27: I think it would be really interesting to see some

1843
01:28:35,400 --> 01:28:39,479
Speaker 27: polling on on whether New Zealanders do support Kiwibank remaining

1844
01:28:39,600 --> 01:28:41,639
Speaker 27: ke We owned, Like we think we're going to get

1845
01:28:41,640 --> 01:28:43,160
Speaker 27: a better deal because.

1846
01:28:43,160 --> 01:28:45,280
Speaker 3: We'd have to be kis owners, you know, a great idea,

1847
01:28:45,320 --> 01:28:48,080
Speaker 3: but we'd have to poll only Kiwi Bank customers because

1848
01:28:48,160 --> 01:28:50,639
Speaker 3: guarantee you that all there were all these numpty sitting

1849
01:28:50,640 --> 01:28:52,200
Speaker 3: out there going that's going to be ke ke we

1850
01:28:52,280 --> 01:28:53,599
Speaker 3: owned banking with woos Pac.

1851
01:28:54,360 --> 01:28:56,920
Speaker 27: Yeah, you know, I think that that's probably true. And

1852
01:28:57,040 --> 01:29:00,280
Speaker 27: I think also if you say to people, well, you know,

1853
01:29:00,800 --> 01:29:03,599
Speaker 27: would you rather have kibank key owned and your tax

1854
01:29:03,640 --> 01:29:06,720
Speaker 27: payer money go into Kiwibank rather than your money go

1855
01:29:06,840 --> 01:29:10,200
Speaker 27: into hospitals, that's a different equation because we all say

1856
01:29:10,240 --> 01:29:12,719
Speaker 27: we wanted to be you know, government owned. That sounds nice.

1857
01:29:13,080 --> 01:29:15,120
Speaker 27: But then when we say, well there's an opportunity cost

1858
01:29:15,240 --> 01:29:17,920
Speaker 27: and and there are private investors willing to put their

1859
01:29:17,960 --> 01:29:20,720
Speaker 27: money in. Were you happy to let them put their

1860
01:29:20,720 --> 01:29:23,120
Speaker 27: money in and the government's money can go into hospitals

1861
01:29:23,240 --> 01:29:24,800
Speaker 27: or do you want the government's money to go into

1862
01:29:24,840 --> 01:29:27,639
Speaker 27: Kibi Bank as well and not into hospitals. So it's

1863
01:29:27,680 --> 01:29:30,080
Speaker 27: a it's a trade off, but I think this will

1864
01:29:30,160 --> 01:29:34,160
Speaker 27: definitely be a hot election topic. Interestingly, I took to

1865
01:29:34,320 --> 01:29:37,320
Speaker 27: Chris Hopkins today and he wasn't really opposed to what

1866
01:29:37,400 --> 01:29:39,639
Speaker 27: the government's doing at the moment, which is just bringing

1867
01:29:39,680 --> 01:29:43,600
Speaker 27: in some private capital into Kiwibank. His main thing was

1868
01:29:43,640 --> 01:29:47,439
Speaker 27: that the bank remains in New Zealand owned, so you know,

1869
01:29:47,960 --> 01:29:51,000
Speaker 27: the labor seems okay with having some you know, New

1870
01:29:51,080 --> 01:29:55,439
Speaker 27: Zealand private investors involved, but provided it stays in New Zealand.

1871
01:29:56,000 --> 01:29:58,439
Speaker 3: Just it's just such a such a weird way of

1872
01:29:58,520 --> 01:30:00,880
Speaker 3: seeing the world, but as such it is.

1873
01:30:01,840 --> 01:30:02,960
Speaker 7: Have you yes?

1874
01:30:03,120 --> 01:30:05,720
Speaker 27: And actually just I should say that the issue that

1875
01:30:05,840 --> 01:30:08,439
Speaker 27: the superfund, which previously partly owned Q Bank, the issue

1876
01:30:08,479 --> 01:30:12,080
Speaker 27: that it had was around the restrictions around what it

1877
01:30:12,120 --> 01:30:16,040
Speaker 27: can do with the shares. So I think investors they

1878
01:30:16,160 --> 01:30:19,080
Speaker 27: really want to know that if they want to divest

1879
01:30:19,240 --> 01:30:21,519
Speaker 27: get rid of their shares, they need to be sure

1880
01:30:21,520 --> 01:30:23,960
Speaker 27: that there's going to be a buyer of those shares

1881
01:30:24,040 --> 01:30:25,800
Speaker 27: and they're not going to miss out. So I think

1882
01:30:25,880 --> 01:30:27,439
Speaker 27: that's going to be the big, big sticking point.

1883
01:30:27,560 --> 01:30:30,400
Speaker 3: Yes, totally. Now have you seen cash pattel around the building?

1884
01:30:31,840 --> 01:30:35,360
Speaker 27: I haven't, but my colleagues have. There was some frantic

1885
01:30:36,160 --> 01:30:41,160
Speaker 27: running around the building, some sweaty foreheads.

1886
01:30:41,439 --> 01:30:43,439
Speaker 3: Who busted him in the basement car park.

1887
01:30:44,680 --> 01:30:48,160
Speaker 27: I think it might have been my colleague Thomas Coglan

1888
01:30:48,600 --> 01:30:49,280
Speaker 27: or believe.

1889
01:30:49,120 --> 01:30:51,840
Speaker 3: What only Thomas would be walking around knowing what the

1890
01:30:51,960 --> 01:30:53,439
Speaker 3: director of the FBI looks like.

1891
01:30:53,520 --> 01:30:57,160
Speaker 27: Don't you think, honestly, he is just a fountain of knowledge.

1892
01:30:58,479 --> 01:31:00,680
Speaker 27: Wouldn't it would have it would have flipped right past me.

1893
01:31:00,800 --> 01:31:03,400
Speaker 27: But you know, I've been hit down doing other things.

1894
01:31:03,439 --> 01:31:05,120
Speaker 27: But I suspect there would have been a whole fan

1895
01:31:05,200 --> 01:31:06,479
Speaker 27: fare around him as well.

1896
01:31:06,520 --> 01:31:07,000
Speaker 4: In the building.

1897
01:31:07,120 --> 01:31:09,360
Speaker 3: Well, they were hiding him in the building. Actually, no

1898
01:31:09,400 --> 01:31:11,280
Speaker 3: one was supposed to know that he was visiting Winston

1899
01:31:11,320 --> 01:31:14,160
Speaker 3: Peters on the seventh floor. Thank you, Jane, appreciate it.

1900
01:31:14,240 --> 01:31:17,240
Speaker 3: Jane tib Cherini, the Herald's Wellington Business. Oh yeah, we've

1901
01:31:17,240 --> 01:31:19,479
Speaker 3: got it. So so to to bring you up to

1902
01:31:19,520 --> 01:31:21,600
Speaker 3: speed on that story. So remember when we sent a

1903
01:31:21,640 --> 01:31:23,920
Speaker 3: message through to Winston's man Winston and we were like,

1904
01:31:24,720 --> 01:31:27,280
Speaker 3: what's cash Battel doing in Wellington? He was like is

1905
01:31:27,360 --> 01:31:28,200
Speaker 3: he in Wellington?

1906
01:31:28,640 --> 01:31:28,800
Speaker 20: Is he?

1907
01:31:29,200 --> 01:31:31,120
Speaker 3: You'll have to speak to the US Embassy, Like at

1908
01:31:31,920 --> 01:31:34,680
Speaker 3: while Cash Battel's in the office, is he anyway? So

1909
01:31:34,760 --> 01:31:36,519
Speaker 3: we did go to the US Embassy. This is what

1910
01:31:36,640 --> 01:31:39,920
Speaker 3: the US Embassy sent us. We have many official visits

1911
01:31:39,960 --> 01:31:42,200
Speaker 3: to New Zealand and we comment on these at appropriate

1912
01:31:42,240 --> 01:31:44,120
Speaker 3: moments and when we are in a position to do so.

1913
01:31:44,320 --> 01:31:47,000
Speaker 3: So thank you that because he said to us, they've

1914
01:31:47,040 --> 01:31:50,400
Speaker 3: got a statement for you. Oh what a waste of

1915
01:31:50,439 --> 01:31:53,720
Speaker 3: out time anyway, bless By the way, while we're on

1916
01:31:53,760 --> 01:31:56,200
Speaker 3: the subject of the US Hawaii, he's got some waves

1917
01:31:56,240 --> 01:31:59,880
Speaker 3: coming in now, but we don't know the size of

1918
01:31:59,880 --> 01:32:02,840
Speaker 3: the waves all necessarily where they're hitting. And some of

1919
01:32:02,920 --> 01:32:04,439
Speaker 3: that may be to do with the fact that it's

1920
01:32:04,560 --> 01:32:06,120
Speaker 3: dark because it's night quarter two.

1921
01:32:07,600 --> 01:32:10,120
Speaker 2: If it's to do with money, it matters to you.

1922
01:32:10,640 --> 01:32:14,519
Speaker 9: The Business Hour with Hither duplic Ellen and Meys for

1923
01:32:14,720 --> 01:32:17,519
Speaker 9: Trusted Home Insurance Solutions, News Talks v.

1924
01:32:17,880 --> 01:32:20,360
Speaker 3: Hither I'm a Drake ticket buyer. We got the full

1925
01:32:20,360 --> 01:32:22,559
Speaker 3: amount back, all the fees and the ticket costs. How

1926
01:32:22,600 --> 01:32:24,640
Speaker 3: good is that? In fact I had several tics confirming that.

1927
01:32:24,720 --> 01:32:27,320
Speaker 3: So thanks for the information. Thirteen away from seven and

1928
01:32:27,360 --> 01:32:29,800
Speaker 3: Gavin Gray, UK correspondent is with us now even in

1929
01:32:29,840 --> 01:32:33,519
Speaker 3: Gavin Hi they have Israel's not happy with Kia, are they?

1930
01:32:34,720 --> 01:32:35,960
Speaker 2: No, they are not so.

1931
01:32:36,520 --> 01:32:39,920
Speaker 13: Yesterday the UK announced that it would recognize a Palestinian

1932
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Speaker 13: state if Israel didn't meet certain steps, including to agree

1933
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Speaker 13: a cease fire, steps to end the war, etc. Israel's

1934
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Speaker 13: Prime Minister Benjaminetnia, who's one among a number of leaders

1935
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Speaker 13: in Israel that's really hit back his comments, say that

1936
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Speaker 13: Britain is rewarding Hammers's monstrous terrorism and described it as

1937
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Speaker 13: appeasement towards Jihadis terrorism which always fails. Plenty of other

1938
01:33:07,760 --> 01:33:11,080
Speaker 13: comments from some of his other ministers as well, but

1939
01:33:11,160 --> 01:33:14,040
Speaker 13: you get the drift of that suggesting that Israel is

1940
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Speaker 13: not going to comply to the conditions that secure Starmar wants,

1941
01:33:17,720 --> 01:33:23,679
Speaker 13: and therefore the UK will recognize, will recognize, along with France,

1942
01:33:24,479 --> 01:33:29,400
Speaker 13: the Gaza and Palestine as a separate entity as it were,

1943
01:33:29,439 --> 01:33:33,160
Speaker 13: and a Palestinian state, so controversial. Incidentally, Britain and France

1944
01:33:33,240 --> 01:33:36,080
Speaker 13: would be only the two countries of the entire G

1945
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Speaker 13: seven to do so, something which America described earlier as

1946
01:33:41,479 --> 01:33:44,559
Speaker 13: being a big mistake. So we're getting news as well

1947
01:33:44,680 --> 01:33:48,519
Speaker 13: that other MPs here in the UK suggesting this has

1948
01:33:48,600 --> 01:33:52,519
Speaker 13: been bad. The leader of the main opposition added that

1949
01:33:52,640 --> 01:33:55,080
Speaker 13: the Prime Minister was trying to fix a political problem

1950
01:33:55,160 --> 01:33:58,400
Speaker 13: in the Labor Party and that's because of mounting pressure

1951
01:33:58,439 --> 01:34:01,400
Speaker 13: from his own MPs to do this, so doing it

1952
01:34:01,479 --> 01:34:05,360
Speaker 13: for his own sake. Whereas a reform that's Nigel Faraj's

1953
01:34:05,439 --> 01:34:09,080
Speaker 13: party also criticized the government's decision, saying it's a political

1954
01:34:09,200 --> 01:34:13,960
Speaker 13: calculation by the Prime Minister which trivializes quite offensively, a

1955
01:34:14,080 --> 01:34:17,400
Speaker 13: horrendous situation in Gaza. It's this idea of holding out

1956
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Speaker 13: sort of carrat and stick with Israel over such a

1957
01:34:19,960 --> 01:34:20,880
Speaker 13: contentious issue.

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Speaker 2: Will it work?

1959
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Speaker 13: It doesn't look like it's going to have any traction

1960
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Speaker 13: at all.

1961
01:34:25,479 --> 01:34:27,759
Speaker 3: Do you reckon Nigel Farage is going to get an apology.

1962
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Speaker 13: I don't think he will actually, So this has been

1963
01:34:31,960 --> 01:34:36,920
Speaker 13: a very interesting few days in domestic politics here over

1964
01:34:37,000 --> 01:34:44,080
Speaker 13: a relatively single small sentence. So the Technology Minister has

1965
01:34:44,640 --> 01:34:50,200
Speaker 13: basically introduced these age recognition changes to the way in

1966
01:34:50,280 --> 01:34:55,600
Speaker 13: which children are able to access Internet material. It's a

1967
01:34:55,760 --> 01:34:59,280
Speaker 13: new law and it's an online safety law which many

1968
01:34:59,360 --> 01:35:02,280
Speaker 13: have been called for. But already people are saying how

1969
01:35:02,439 --> 01:35:06,160
Speaker 13: easy it is for young people to get around. In fact,

1970
01:35:06,240 --> 01:35:10,600
Speaker 13: it drives them to downloading VPNs or virtual private networks,

1971
01:35:10,880 --> 01:35:14,920
Speaker 13: which disguise the user's location online and could make it

1972
01:35:15,439 --> 01:35:19,479
Speaker 13: much easier course to avoid those age checks. And because

1973
01:35:19,520 --> 01:35:21,960
Speaker 13: it's driving people onto VPNs, which in.

1974
01:35:22,040 --> 01:35:23,679
Speaker 2: Itself is not a great thing.

1975
01:35:25,200 --> 01:35:28,960
Speaker 13: Nigel Pharos's party has already criticized this, saying it's just

1976
01:35:29,280 --> 01:35:32,200
Speaker 13: badly thought out and shouldn't be put in place.

1977
01:35:32,760 --> 01:35:32,880
Speaker 1: Now.

1978
01:35:33,000 --> 01:35:37,880
Speaker 13: The Technology Minister who's bringing the plans into place, basically

1979
01:35:38,240 --> 01:35:41,280
Speaker 13: said that those who are against his new law are

1980
01:35:41,400 --> 01:35:44,600
Speaker 13: on the side of sex offenders like Jimmy Savill. And

1981
01:35:44,840 --> 01:35:48,360
Speaker 13: during that comment, of course, Jimmy Savill a prolific child offender,

1982
01:35:48,479 --> 01:35:52,720
Speaker 13: child sex offender, but also a former BBC star one

1983
01:35:52,800 --> 01:35:56,839
Speaker 13: of those, of course, the head of Reform Party, Nigel Farahs,

1984
01:35:56,920 --> 01:35:59,479
Speaker 13: she's sort of singled out saying Niger Farash is on

1985
01:35:59,640 --> 01:36:02,840
Speaker 13: the side of people like Jimmy Savell. And that's where

1986
01:36:02,960 --> 01:36:05,400
Speaker 13: Nigel Farrell said, Ah, now that you've just made a

1987
01:36:05,479 --> 01:36:08,240
Speaker 13: really bad mistake, so you need to apologize. That's a

1988
01:36:08,320 --> 01:36:12,559
Speaker 13: disgusting thing to say and it's wrong, but the Tech

1989
01:36:12,720 --> 01:36:16,120
Speaker 13: Minister is refusing to apologize, and consequently we're in this

1990
01:36:16,200 --> 01:36:17,639
Speaker 13: standoff between the bat Ah.

1991
01:36:17,880 --> 01:36:20,519
Speaker 3: Jeez, honestly, children, Hey, thank you for that, Gavin appreciated

1992
01:36:20,560 --> 01:36:24,400
Speaker 3: Gavin Gray, UK correspondent. Hither on the surch charges, wait

1993
01:36:24,479 --> 01:36:28,000
Speaker 3: till you pay your counsel your card payment. It's card

1994
01:36:28,080 --> 01:36:30,680
Speaker 3: payment plus one point seventy five percent we pay for

1995
01:36:30,760 --> 01:36:32,559
Speaker 3: building consents. It could be a one hundred and five

1996
01:36:32,600 --> 01:36:36,439
Speaker 3: dollar payment for one convenience charge not band. Not band

1997
01:36:36,880 --> 01:36:40,160
Speaker 3: because Scott Simpson's band only in person surcharges, so they

1998
01:36:40,200 --> 01:36:42,320
Speaker 3: can surch charge the hell out of you online. Eight

1999
01:36:42,360 --> 01:36:44,519
Speaker 3: away from seven it's the.

2000
01:36:44,640 --> 01:36:49,240
Speaker 9: Hitherto plus allan drive full show podcast on iHeartRadio powered

2001
01:36:49,280 --> 01:36:50,360
Speaker 9: by news dog Zibby.

2002
01:36:51,640 --> 01:36:53,640
Speaker 3: Hey, I'm six away from seven. Hey, I should have

2003
01:36:53,680 --> 01:36:54,960
Speaker 3: warned you that I was going to tell you about

2004
01:36:55,000 --> 01:36:58,320
Speaker 3: this because you might have actually wanted to know this. Eyebrows,

2005
01:36:58,880 --> 01:37:02,200
Speaker 3: eyebrow fashion has changed, So I don't know if you like,

2006
01:37:02,240 --> 01:37:04,080
Speaker 3: if you're a dude, you're probably at this point in

2007
01:37:04,160 --> 01:37:06,640
Speaker 3: time going is there is there an eyebrow fashion? Yes,

2008
01:37:06,720 --> 01:37:10,120
Speaker 3: absolutely there is an eyebrow fashion. Back in the seventies.

2009
01:37:10,360 --> 01:37:13,320
Speaker 3: Do you remember back in the seventies, cast your mind back.

2010
01:37:13,600 --> 01:37:16,000
Speaker 3: What you wanted was a good hope out of your eyebrow.

2011
01:37:16,040 --> 01:37:17,640
Speaker 3: Do you know you wanted a kind of like it

2012
01:37:17,800 --> 01:37:19,920
Speaker 3: was almost like a little like a little like a

2013
01:37:19,960 --> 01:37:22,320
Speaker 3: little apostrophe just hanging above your eye, you know, like

2014
01:37:22,400 --> 01:37:25,519
Speaker 3: a little you had your little whoop, little bobble at

2015
01:37:25,600 --> 01:37:27,479
Speaker 3: the at the bit right by your nose, and then

2016
01:37:27,560 --> 01:37:29,559
Speaker 3: just a whip, just a little just a little curve

2017
01:37:30,040 --> 01:37:32,519
Speaker 3: that was that was your hope. My mum had the hope.

2018
01:37:32,800 --> 01:37:35,920
Speaker 3: It took her twenty years to grow that one out

2019
01:37:36,200 --> 01:37:39,400
Speaker 3: when she finally stopped plucking the hoop in the nineties. Anyway,

2020
01:37:39,920 --> 01:37:42,280
Speaker 3: then we were in the nineties, we also went to

2021
01:37:42,360 --> 01:37:44,280
Speaker 3: like a really were still it was, and the hoop

2022
01:37:44,400 --> 01:37:47,040
Speaker 3: was thin as well. In the nineties you had the thin,

2023
01:37:47,120 --> 01:37:48,800
Speaker 3: but it was more like a like a like a

2024
01:37:48,880 --> 01:37:52,080
Speaker 3: Pamela Anderson thin. It was slightly different. And then by

2025
01:37:52,120 --> 01:37:54,720
Speaker 3: the twenty tens we were starting to get in the

2026
01:37:54,760 --> 01:37:58,120
Speaker 3: really bushy ones because that one who's called Kara Kara Delavine.

2027
01:37:58,720 --> 01:38:01,680
Speaker 3: Kara Delavine. Yeah, I don't really know these people, but

2028
01:38:01,800 --> 01:38:04,160
Speaker 3: you know who I'm talking She's the one with She's beautiful,

2029
01:38:04,200 --> 01:38:06,840
Speaker 3: the model one of the big bushy eyebrows. We started

2030
01:38:06,880 --> 01:38:10,240
Speaker 3: doing that thing, so then was really huge. Then what

2031
01:38:10,479 --> 01:38:14,320
Speaker 3: happened is and this is the mistake, so remember this,

2032
01:38:15,080 --> 01:38:16,720
Speaker 3: this is the mistake that you make if you think

2033
01:38:16,760 --> 01:38:19,240
Speaker 3: that it's a good idea to tattoo anything on your face.

2034
01:38:19,439 --> 01:38:21,760
Speaker 3: You don't want to, because then what happened is people

2035
01:38:21,840 --> 01:38:23,960
Speaker 3: tried to do the Kardashian brow, and they just got

2036
01:38:24,000 --> 01:38:25,519
Speaker 3: it tattooed on, and they just got this kind of

2037
01:38:25,600 --> 01:38:29,679
Speaker 3: like chunk, like an angry cat look tattooed onto their faces.

2038
01:38:30,200 --> 01:38:32,920
Speaker 3: And the problem now is, of course it's changed again

2039
01:38:32,960 --> 01:38:34,560
Speaker 3: and that's not the look that we want anymore. So

2040
01:38:34,600 --> 01:38:36,479
Speaker 3: now what are you going to do now? Literally people

2041
01:38:36,479 --> 01:38:38,479
Speaker 3: are having to have their eyebrows laysered off. So what

2042
01:38:38,640 --> 01:38:40,240
Speaker 3: you want to do now is you want to go

2043
01:38:40,280 --> 01:38:42,880
Speaker 3: for a natural look, So get that thing laysered off.

2044
01:38:42,920 --> 01:38:45,200
Speaker 3: If you can go for the natural look. And if

2045
01:38:45,240 --> 01:38:46,880
Speaker 3: you're going to go for the natural look that I'm

2046
01:38:46,920 --> 01:38:48,200
Speaker 3: not telling you what to do with your face, but

2047
01:38:48,320 --> 01:38:50,320
Speaker 3: this is the fashion, then you want to It needs

2048
01:38:50,360 --> 01:38:52,920
Speaker 3: to be no more of that kind of cat arch

2049
01:38:53,160 --> 01:38:56,479
Speaker 3: that's angry. Just a very natural brow. You can even

2050
01:38:56,800 --> 01:39:00,320
Speaker 3: shockingly if you're blonde, let your brow go blonde and

2051
01:39:00,439 --> 01:39:02,800
Speaker 3: look a little crazy. That's okay. Now you don't even

2052
01:39:02,800 --> 01:39:05,080
Speaker 3: need to darken it up. So anyway, So I spent

2053
01:39:05,120 --> 01:39:07,160
Speaker 3: an inordinate amount of time telling you about that, But

2054
01:39:07,240 --> 01:39:10,280
Speaker 3: there is a life lesson in there, which is fashion.

2055
01:39:10,600 --> 01:39:12,760
Speaker 3: What's fashionable today is not going to be fashionable in

2056
01:39:12,840 --> 01:39:14,639
Speaker 3: ten years time. Don't tattoo your face.

2057
01:39:15,160 --> 01:39:18,360
Speaker 25: Ants, don't tattoo your face. Katie Perry, I kissed a

2058
01:39:18,439 --> 01:39:20,880
Speaker 25: girl who play us out tonight. She has been seen

2059
01:39:21,000 --> 01:39:24,559
Speaker 25: having dinner with former Canadian Prime Minister Justin Trudeau at

2060
01:39:24,600 --> 01:39:28,880
Speaker 25: a high end restaurant in Montreal. She appeared to, according

2061
01:39:28,920 --> 01:39:32,479
Speaker 25: to TMZ, touch her hair and lean close to Trudeau

2062
01:39:32,560 --> 01:39:33,840
Speaker 25: as the pair talked over plates.

2063
01:39:33,880 --> 01:39:35,720
Speaker 3: A You know what touching your hair means when you're

2064
01:39:35,760 --> 01:39:38,680
Speaker 3: on a term dating, Oh, one hundred percent, you're like.

2065
01:39:38,880 --> 01:39:40,920
Speaker 25: According according to all the pack up artist books, it

2066
01:39:41,000 --> 01:39:42,680
Speaker 25: means that, yeah, absolutely, she's into them.

2067
01:39:42,760 --> 01:39:45,920
Speaker 3: Yeah totally. Also, though, I mean, is there a dinner

2068
01:39:45,960 --> 01:39:47,679
Speaker 3: that you'd want to be like? Is there a dinner

2069
01:39:47,760 --> 01:39:50,040
Speaker 3: you really don't want to be at any more than that?

2070
01:39:51,120 --> 01:39:53,000
Speaker 3: That's the least interesting dinner in the world to me.

2071
01:39:53,320 --> 01:39:56,680
Speaker 25: Oh, they're having lobster, which is like crazy here the

2072
01:39:56,720 --> 01:39:57,559
Speaker 25: German just then.

2073
01:39:57,560 --> 01:40:00,600
Speaker 3: Isn't he married? He's been broken up with Sophie for

2074
01:40:00,840 --> 01:40:04,000
Speaker 3: two years. Laura, and she broke up with Orlando the

2075
01:40:04,080 --> 01:40:08,080
Speaker 3: other day the other day. Somebody moved on rather fast.

2076
01:40:08,200 --> 01:40:10,720
Speaker 3: Let's just say thank you for that. Thanks for ending

2077
01:40:10,800 --> 01:40:14,360
Speaker 3: it with that news ADS. See you tomorrow.

2078
01:40:22,840 --> 01:40:25,960
Speaker 9: For more from Heather Duplessy Allen Drive. Listen live to

2079
01:40:26,080 --> 01:40:29,120
Speaker 9: news talks it'd be from four pm weekdays, or follow

2080
01:40:29,160 --> 01:40:30,880
Speaker 9: the podcast on iHeartRadio