1 00:00:02,000 --> 00:00:06,360 Speaker 1: The issues is the interviews and the insight. Andrew dickens 2 00:00:06,440 --> 00:00:10,760 Speaker 1: on early edition with one roof make your property search simple, 3 00:00:11,440 --> 00:00:12,280 Speaker 1: used talks, it'd be. 4 00:00:14,000 --> 00:00:16,600 Speaker 2: Yes, goodbody to you and welcome and thank you so 5 00:00:16,680 --> 00:00:19,520 Speaker 2: much for choosing us. Coming up earlier. The next sixty minutes, 6 00:00:19,560 --> 00:00:22,639 Speaker 2: property prices are back on the rise, but not by much. 7 00:00:23,160 --> 00:00:25,800 Speaker 2: How much Well Core Logic will join us in five minutes. 8 00:00:26,239 --> 00:00:29,160 Speaker 2: There's more funding for doctors and nurses. How will ed help. 9 00:00:29,320 --> 00:00:32,280 Speaker 2: We'll have that story for you in ten how civic 10 00:00:32,320 --> 00:00:36,479 Speaker 2: funding for events is a good thing. And Adrian or 11 00:00:36,800 --> 00:00:38,840 Speaker 2: is off. We're going to talk to Cameron Baggery about 12 00:00:38,840 --> 00:00:41,120 Speaker 2: how he's left the Reserve Bank. We're going to have 13 00:00:41,159 --> 00:00:43,440 Speaker 2: correspondence from around New Zealand and around the world, and 14 00:00:43,520 --> 00:00:45,199 Speaker 2: news as it breaks. We'll keep you up to date 15 00:00:45,240 --> 00:00:48,880 Speaker 2: with the cricket. We well South Africa needs one hundred 16 00:00:48,920 --> 00:00:51,040 Speaker 2: and forty three runs and sixty two balls. Don't think 17 00:00:51,080 --> 00:00:52,440 Speaker 2: it's going to happen. Think we're going to win, but 18 00:00:52,479 --> 00:00:54,639 Speaker 2: we'll keep you in touch with that and you can 19 00:00:54,640 --> 00:00:57,080 Speaker 2: text us anytime you like. Ninety two ninety two is 20 00:00:57,080 --> 00:00:59,960 Speaker 2: the number of small charge applies. It's seven after five. 21 00:01:01,680 --> 00:01:03,760 Speaker 1: The agenda so it's Thursday, the. 22 00:01:03,680 --> 00:01:06,920 Speaker 2: Sixth of the March. White House National Security Advisor Mike 23 00:01:07,160 --> 00:01:12,880 Speaker 2: Waltz says the US is pausing intelligence sharing with Ukraine. However, 24 00:01:12,920 --> 00:01:15,440 Speaker 2: he suggested he'd be open to lifting the military a 25 00:01:15,640 --> 00:01:17,800 Speaker 2: freeze if peace talks progress. 26 00:01:18,200 --> 00:01:20,280 Speaker 3: I think we've seen movement in the last twenty four 27 00:01:20,319 --> 00:01:23,280 Speaker 3: hours that the Ukrainian side will actually come to the 28 00:01:23,319 --> 00:01:27,200 Speaker 3: table and negotiate a partial truce, a full truce, and 29 00:01:27,240 --> 00:01:28,199 Speaker 3: then a permanent peace. 30 00:01:29,120 --> 00:01:31,319 Speaker 2: Last night, President Trump made his first address of his 31 00:01:31,360 --> 00:01:34,080 Speaker 2: second term to Congress. It's a very entertaining watched a 32 00:01:34,080 --> 00:01:36,840 Speaker 2: great afternoon speed watching that he took a moment to 33 00:01:36,880 --> 00:01:42,160 Speaker 2: mention Ukraine's President Vladimir Zelenski after days of criticizing him. 34 00:01:42,319 --> 00:01:47,199 Speaker 4: Today I received an important letter from President Zelensky of Ukraine. 35 00:01:47,840 --> 00:01:50,520 Speaker 4: The letter reads, Ukraine is ready to come to the 36 00:01:50,560 --> 00:01:55,280 Speaker 4: negotiating table as soon as possible to bring lasting peace closer. 37 00:01:55,480 --> 00:01:59,600 Speaker 4: We've had serious discussions with Russia and have received strong 38 00:01:59,640 --> 00:02:03,080 Speaker 4: signals that they are ready for peace. Wouldn't that be beautiful? 39 00:02:03,680 --> 00:02:05,880 Speaker 2: And we've had a lot of back and forth on 40 00:02:06,040 --> 00:02:08,320 Speaker 2: the trade war, and President Trump has made it clear 41 00:02:08,360 --> 00:02:09,520 Speaker 2: he's not backing down. 42 00:02:10,080 --> 00:02:15,840 Speaker 4: And whatever they tariff us other countries, we will teriff them. 43 00:02:15,919 --> 00:02:20,680 Speaker 4: That's reciprocal back and forth. Whatever they tax us, we 44 00:02:20,760 --> 00:02:22,240 Speaker 4: will tax them. 45 00:02:22,960 --> 00:02:26,840 Speaker 2: Meanwhile, Canadian Prime Minis suggests and Trudeau he's standing his ground. 46 00:02:27,560 --> 00:02:31,520 Speaker 5: Canadians are reasonable and we are polite, but we will 47 00:02:31,520 --> 00:02:34,880 Speaker 5: not back down from a fight. Canada will be implementing 48 00:02:35,200 --> 00:02:38,680 Speaker 5: twenty five percent tariffs against one hundred and fifty five 49 00:02:39,040 --> 00:02:43,960 Speaker 5: billion dollars worth of American goods, starting with tariffs on 50 00:02:44,320 --> 00:02:48,239 Speaker 5: thirty billion dollars worth of goods immediately, and tariffs on 51 00:02:48,280 --> 00:02:51,240 Speaker 5: the remaining one hundred and twenty five billion dollars of 52 00:02:51,280 --> 00:02:53,960 Speaker 5: American products in twenty one day's time. 53 00:02:54,520 --> 00:02:58,880 Speaker 2: Well, she's all on eh. And finally, Florida has launched 54 00:02:58,919 --> 00:03:01,959 Speaker 2: a criminal investigation into the influence of brothers Andrew Tate 55 00:03:02,040 --> 00:03:05,000 Speaker 2: and Tristian Tate. They flew to the States last week 56 00:03:05,000 --> 00:03:08,200 Speaker 2: from Romania, where they faced rape and human trafficking charges. 57 00:03:08,480 --> 00:03:13,080 Speaker 2: So Florida's Attorney General, James Uthmeier says investigators have issued 58 00:03:13,080 --> 00:03:18,040 Speaker 2: search warrants and subpoenas as part of a now active inquiry. 59 00:03:18,480 --> 00:03:19,960 Speaker 2: It's coming up ten after five. 60 00:03:20,600 --> 00:03:23,560 Speaker 1: News and Views You Trust has done Your Day. It's 61 00:03:23,680 --> 00:03:27,400 Speaker 1: early edition with Andrew Dickens and one roof make your 62 00:03:27,440 --> 00:03:30,200 Speaker 1: Property Search Simple, youth Talk Sidy. 63 00:03:30,560 --> 00:03:30,720 Speaker 6: Yeah. 64 00:03:30,760 --> 00:03:33,880 Speaker 2: So I watched the State of the Union yesterday afternoon. Boy, 65 00:03:33,880 --> 00:03:37,600 Speaker 2: it was the entertaining. It was raucus. President Trump addressed 66 00:03:37,600 --> 00:03:39,680 Speaker 2: Congress and he spoke and he spoke, and he spoke 67 00:03:39,720 --> 00:03:42,640 Speaker 2: and he spoke. His was the longest State of Union ever, 68 00:03:43,040 --> 00:03:46,680 Speaker 2: beating Bill Clinton's one hour and twenty effort by twenty minutes. 69 00:03:46,720 --> 00:03:48,800 Speaker 2: An hour and forty he spoke for and you were 70 00:03:48,880 --> 00:03:52,160 Speaker 2: left with absolutely no doubt that the man loves tariffs. 71 00:03:52,440 --> 00:03:55,360 Speaker 2: They're a beautiful thing. He's looking to make America great 72 00:03:55,360 --> 00:03:57,800 Speaker 2: again by punishing the rest of the world with these tariffs, 73 00:03:57,920 --> 00:04:01,520 Speaker 2: and it's going to hurt everyone, including America, which you 74 00:04:01,600 --> 00:04:04,040 Speaker 2: have to say, is disruption at its biggest and best. 75 00:04:04,080 --> 00:04:07,360 Speaker 2: I bet the tech bros love it, whether Trump and 76 00:04:07,440 --> 00:04:10,600 Speaker 2: anti globalists like it or not. We are living in 77 00:04:10,600 --> 00:04:14,280 Speaker 2: the most interconnected global economy in history, and he has 78 00:04:14,320 --> 00:04:16,800 Speaker 2: to remember you cannot undo a century of trading with 79 00:04:16,839 --> 00:04:20,640 Speaker 2: one tax. So these tariffs will hurt American businesses and 80 00:04:20,680 --> 00:04:22,680 Speaker 2: we saw that with the collapse of the Dow over 81 00:04:22,680 --> 00:04:24,400 Speaker 2: the course of the week. But everyone else is going 82 00:04:24,440 --> 00:04:28,160 Speaker 2: to get hit, especially small export nations like ourselves. We 83 00:04:28,240 --> 00:04:30,359 Speaker 2: know that tariffs are coming to the agriculture sector. What 84 00:04:30,400 --> 00:04:33,440 Speaker 2: do we do agriculture? But I think people don't quite 85 00:04:33,520 --> 00:04:36,480 Speaker 2: realize just how far into our economy the American shutdown 86 00:04:36,480 --> 00:04:40,480 Speaker 2: will affect billions in Keiwi, Savor, New Zealand, super and 87 00:04:40,600 --> 00:04:43,360 Speaker 2: private investor funds are going to be lost because of 88 00:04:43,400 --> 00:04:47,120 Speaker 2: their exposure to the American markets. We're told, don't look 89 00:04:47,160 --> 00:04:50,479 Speaker 2: at your balance. Maybe it will get better later, hope so. 90 00:04:51,240 --> 00:04:54,359 Speaker 2: And if Trump is successful and America rises out of 91 00:04:54,360 --> 00:04:57,440 Speaker 2: its dependence on cheap foreign labor and imported products and 92 00:04:57,480 --> 00:05:01,360 Speaker 2: starts becoming the self sufficient nation that the president wants, 93 00:05:01,760 --> 00:05:03,960 Speaker 2: then it's debatable that we'll ever get back in there 94 00:05:04,120 --> 00:05:07,040 Speaker 2: to sell our stuff the way we used to. The 95 00:05:07,080 --> 00:05:09,560 Speaker 2: tariffs will impoverish America in the short term, but if 96 00:05:09,560 --> 00:05:11,960 Speaker 2: he's right, the long term American future could look bright. 97 00:05:12,440 --> 00:05:15,120 Speaker 2: But for the rest of the world, including us, our 98 00:05:15,200 --> 00:05:18,080 Speaker 2: prospects have certainly taken a hit, you know, And it's 99 00:05:18,200 --> 00:05:19,560 Speaker 2: just as things were starting. 100 00:05:19,360 --> 00:05:19,880 Speaker 7: To look better. 101 00:05:20,400 --> 00:05:24,080 Speaker 2: Andrew dickins, it is now twelve minutes out of five. Now, Look, 102 00:05:24,080 --> 00:05:28,480 Speaker 2: there's nothing wrong with the war against emissions, just forget 103 00:05:28,480 --> 00:05:30,719 Speaker 2: climate change, just part that for a moment. Just think 104 00:05:30,720 --> 00:05:33,719 Speaker 2: about the crap that's going into your lungs. All the 105 00:05:33,760 --> 00:05:37,960 Speaker 2: oxygen humankind can ever breathe is locked inside a twelve 106 00:05:38,080 --> 00:05:41,200 Speaker 2: mile high bubble around the globe called the bias. For you, 107 00:05:41,960 --> 00:05:45,200 Speaker 2: and pumping too many poisons into it, well it's suicidal. 108 00:05:45,720 --> 00:05:47,960 Speaker 2: So we find out today that half of the world's 109 00:05:47,960 --> 00:05:51,960 Speaker 2: climate heating carbon emissions come from the fossil fuels produced 110 00:05:52,000 --> 00:05:57,440 Speaker 2: by just thirty six companies. The report found that the 111 00:05:57,480 --> 00:06:02,280 Speaker 2: thirty six major fossil fuel companies, including soud The Aramco, Coal, India, 112 00:06:02,520 --> 00:06:07,800 Speaker 2: Xon Mobil, Shell, BP and numerous Chinese companies, produce coal, 113 00:06:08,120 --> 00:06:11,960 Speaker 2: oil and gas, responsible for more than twenty billion tons 114 00:06:11,960 --> 00:06:15,160 Speaker 2: of CO two emissions in twenty twenty three. So if 115 00:06:15,200 --> 00:06:18,719 Speaker 2: Saudi Aramco was a country, it would be the fourth 116 00:06:18,880 --> 00:06:23,840 Speaker 2: biggest polluter in the world after China, the US, and India, 117 00:06:24,200 --> 00:06:27,559 Speaker 2: and while Exon Mobil is responsible for about the same 118 00:06:27,720 --> 00:06:31,880 Speaker 2: mission emissions as Germany and Germany is the ninth biggest 119 00:06:31,880 --> 00:06:35,040 Speaker 2: polluter according to the data. And despite all the miles 120 00:06:35,040 --> 00:06:38,359 Speaker 2: of column inches that keep being pumped out about climate 121 00:06:38,440 --> 00:06:42,840 Speaker 2: change and carbon emissions, the thirty six companies have never 122 00:06:42,960 --> 00:06:47,400 Speaker 2: ever reduced their emissions, so I see that calling them 123 00:06:47,400 --> 00:06:49,560 Speaker 2: out is a good thing and anything they can do 124 00:06:49,600 --> 00:06:52,400 Speaker 2: to reduce their output would be appreciated because we all 125 00:06:52,480 --> 00:06:55,400 Speaker 2: like fresh air. We only get one planet and we 126 00:06:55,440 --> 00:06:58,960 Speaker 2: should take care of it. It's thirteen after five, so 127 00:07:00,040 --> 00:07:03,000 Speaker 2: call logics come out again and shown some life in 128 00:07:03,040 --> 00:07:05,800 Speaker 2: the housing market. But just how much we'll tell you 129 00:07:05,839 --> 00:07:07,720 Speaker 2: in a few moments time, and we'll also ask the 130 00:07:07,839 --> 00:07:11,320 Speaker 2: question how long will it last? This is News Talk's sabb. 131 00:07:12,600 --> 00:07:15,080 Speaker 1: The news you need this morning and the in depth 132 00:07:15,120 --> 00:07:19,160 Speaker 1: analysis early edition with Andrew Dickens and one roof make 133 00:07:19,280 --> 00:07:20,960 Speaker 1: your Property search Simple. 134 00:07:21,080 --> 00:07:26,400 Speaker 2: News Talk SIBB sixteen after five, South Africa two thirty 135 00:07:26,400 --> 00:07:28,640 Speaker 2: seven for eight, one hundred and twenty six runs and 136 00:07:28,640 --> 00:07:32,400 Speaker 2: forty seven balls to win. And well it looks like 137 00:07:32,440 --> 00:07:35,880 Speaker 2: we're going to do it, which is awesome news. Speaking 138 00:07:35,880 --> 00:07:39,760 Speaker 2: of sports, by the way, Mayor Wayne Brown has said 139 00:07:39,880 --> 00:07:42,600 Speaker 2: that the councilor should start looking at bringing the America's 140 00:07:42,600 --> 00:07:45,920 Speaker 2: Cup back to Aucand and he's calling on government to 141 00:07:45,960 --> 00:07:47,800 Speaker 2: do this as well. What do you think is this 142 00:07:47,840 --> 00:07:49,480 Speaker 2: a good idea or not? You can text me ninety 143 00:07:49,480 --> 00:07:52,000 Speaker 2: two ninety two. Now we might have some signs of 144 00:07:52,040 --> 00:07:55,000 Speaker 2: life in the housing market. Core Logic's latest numbers are 145 00:07:55,000 --> 00:07:58,280 Speaker 2: showing a zero point three percent rise in property values 146 00:07:58,280 --> 00:08:01,360 Speaker 2: in February. Now, that follows a four point one percent 147 00:08:01,440 --> 00:08:04,240 Speaker 2: drop over March to September last year. This is the 148 00:08:04,280 --> 00:08:07,880 Speaker 2: biggest game since January last year. So is this the 149 00:08:07,920 --> 00:08:10,160 Speaker 2: sign of a recovery? Well, someone who will know this 150 00:08:10,320 --> 00:08:15,240 Speaker 2: is Calvin Davidson, whose core Logic's chief property economists, and 151 00:08:15,320 --> 00:08:18,400 Speaker 2: he joins it now, Hello, Calvin, good morning. Why's it 152 00:08:18,440 --> 00:08:18,840 Speaker 2: going up? 153 00:08:20,240 --> 00:08:23,000 Speaker 8: Well, interest rates basically, I mean we've seen before the 154 00:08:23,040 --> 00:08:25,280 Speaker 8: impact that lower interest rates can have, and I think 155 00:08:25,280 --> 00:08:28,600 Speaker 8: we're seeing there again. There are still restraints as well, 156 00:08:28,680 --> 00:08:30,480 Speaker 8: things like the week of labor market. There's a lot 157 00:08:30,480 --> 00:08:32,920 Speaker 8: of listings out there, so I think you'd probably still 158 00:08:32,920 --> 00:08:35,840 Speaker 8: call it a buyer's market. But certainly the impact of 159 00:08:35,880 --> 00:08:38,400 Speaker 8: lower interest rates is huge. People can just have a 160 00:08:38,240 --> 00:08:40,920 Speaker 8: bit more cash to spend on a house, all right. 161 00:08:40,920 --> 00:08:43,280 Speaker 2: Well, prices are down nearly seventeen percent from the peak 162 00:08:43,280 --> 00:08:45,320 Speaker 2: in the middle of the pandemic where we just decided 163 00:08:45,320 --> 00:08:47,200 Speaker 2: to buy houses because we had nothing else to do. 164 00:08:48,040 --> 00:08:50,920 Speaker 2: But we're still well above the pre COVID numbers by 165 00:08:51,000 --> 00:08:53,559 Speaker 2: seventeen percent, So are we going to continue to be 166 00:08:53,679 --> 00:08:54,320 Speaker 2: so volatile? 167 00:08:56,040 --> 00:08:58,920 Speaker 8: I think we're probably setting into a more stable phase 168 00:08:58,960 --> 00:09:02,200 Speaker 8: and the interest rates hopefully have settled down a bit. 169 00:09:02,240 --> 00:09:04,920 Speaker 8: I thank COVID's five years on now, so you think 170 00:09:04,920 --> 00:09:07,600 Speaker 8: we're back to some kind of normality. We've got a 171 00:09:07,600 --> 00:09:10,280 Speaker 8: little bit of wage growth coming through, so you think 172 00:09:10,320 --> 00:09:13,600 Speaker 8: that there's a recently steady path of the house prices ahead. 173 00:09:13,640 --> 00:09:15,520 Speaker 8: But I don't think we're going to go into a 174 00:09:15,559 --> 00:09:18,120 Speaker 8: new boom because there are those restraints out there. There 175 00:09:18,160 --> 00:09:20,800 Speaker 8: still are a lot of listings. Affordability is a challenge, 176 00:09:20,840 --> 00:09:23,560 Speaker 8: and this time we've got debt to income ratio restrictions 177 00:09:23,600 --> 00:09:26,840 Speaker 8: which we didn't have last time. So as interest rates 178 00:09:26,840 --> 00:09:29,360 Speaker 8: come down, particularly those test rates at the benks, the 179 00:09:29,400 --> 00:09:33,240 Speaker 8: internal rates they check affordability with. As they come down 180 00:09:33,400 --> 00:09:36,760 Speaker 8: that's been debt to income ratios start or start take hold, 181 00:09:36,920 --> 00:09:39,400 Speaker 8: and they will sort of limit loan sizes and limit 182 00:09:39,400 --> 00:09:42,000 Speaker 8: house prices. So there's sort of forces in both directions. 183 00:09:42,040 --> 00:09:44,600 Speaker 2: I guess we've always talked about house supply. Is that 184 00:09:44,720 --> 00:09:46,360 Speaker 2: still a problem. 185 00:09:46,559 --> 00:09:50,640 Speaker 8: Well, I think really the mean measuring housing so called 186 00:09:50,679 --> 00:09:53,640 Speaker 8: housing shortages, is a little bit tricky, but I think 187 00:09:53,679 --> 00:09:56,200 Speaker 8: at the moment, there's a general feeling in the market's 188 00:09:56,200 --> 00:09:59,319 Speaker 8: fairly balanced, and we've seen that. Okay, the construction sector's 189 00:09:59,320 --> 00:10:01,600 Speaker 8: been in the down over the past couple of years, 190 00:10:01,640 --> 00:10:04,280 Speaker 8: but prior to that had a huge boom. Some of 191 00:10:04,280 --> 00:10:07,120 Speaker 8: that tail the end of those properties are still coming through, 192 00:10:07,200 --> 00:10:09,840 Speaker 8: still being put into the market or finished. So I 193 00:10:09,840 --> 00:10:12,400 Speaker 8: think supply and demand are probably fairly well balanced. Actually, 194 00:10:12,400 --> 00:10:15,079 Speaker 8: we've had net migration tail off a lot, so population 195 00:10:15,200 --> 00:10:18,199 Speaker 8: growth has slowed down. So I just think the risks 196 00:10:18,000 --> 00:10:21,440 Speaker 8: of shortages and I guess spikes and house prices driven 197 00:10:21,520 --> 00:10:25,240 Speaker 8: by not having enough houses, I think those risks are 198 00:10:25,320 --> 00:10:26,439 Speaker 8: much less than the past. 199 00:10:27,120 --> 00:10:30,800 Speaker 2: And can New Zealanders still bank on their biggest asset 200 00:10:30,960 --> 00:10:33,160 Speaker 2: continuing to appreciate year on year or not? 201 00:10:34,600 --> 00:10:35,040 Speaker 9: I think so. 202 00:10:35,120 --> 00:10:35,320 Speaker 4: Yeah. 203 00:10:35,320 --> 00:10:37,200 Speaker 8: I mean you tend to see through time a bit 204 00:10:37,240 --> 00:10:39,760 Speaker 8: of general inflation, you tend to see some wage growth, 205 00:10:39,880 --> 00:10:43,599 Speaker 8: we tend to see population growth. All of those underlying fundamentals, 206 00:10:43,600 --> 00:10:46,840 Speaker 8: if you like, supportive for house prices. But yeah, I 207 00:10:46,880 --> 00:10:49,280 Speaker 8: just think that it's probably a steadier past and perhaps 208 00:10:49,320 --> 00:10:52,160 Speaker 8: some of the big booms who've seen historically partly because 209 00:10:52,160 --> 00:10:55,560 Speaker 8: of those set to income raciare restrictions and maybe just 210 00:10:55,679 --> 00:10:58,520 Speaker 8: maybe there's a wee bit of a societal change going 211 00:10:58,520 --> 00:11:01,600 Speaker 8: on where where people are she realizing if a rising 212 00:11:01,640 --> 00:11:05,360 Speaker 8: house prices are not necessarily a good thing, especially for 213 00:11:05,400 --> 00:11:08,120 Speaker 8: the next generation trying to buy, so hard to measure, 214 00:11:08,240 --> 00:11:10,480 Speaker 8: hard to say if that's for sure, but just a 215 00:11:10,559 --> 00:11:13,480 Speaker 8: sense that's going on. So I think we'll see rising 216 00:11:13,520 --> 00:11:15,760 Speaker 8: house prices, but maybe sly in the past. 217 00:11:15,960 --> 00:11:17,680 Speaker 2: Well that's good news, Kelvin, and I thank you for 218 00:11:17,760 --> 00:11:20,760 Speaker 2: joining us. Kelvin Davidson, core Logic's chief property economists. It 219 00:11:20,840 --> 00:11:23,920 Speaker 2: is now nineteen minutes after five. So we've got an 220 00:11:23,920 --> 00:11:29,040 Speaker 2: increase in training places for nurse practitioners and also more 221 00:11:29,080 --> 00:11:31,960 Speaker 2: advanced education for nurses, one hundred and twenty of them. 222 00:11:32,320 --> 00:11:35,400 Speaker 2: How is this going to affect our health sector. We'll 223 00:11:35,440 --> 00:11:37,800 Speaker 2: talk about this in a few moments time with Professor 224 00:11:37,840 --> 00:11:40,559 Speaker 2: warick Bag. It is now five twenty. 225 00:11:41,080 --> 00:11:44,000 Speaker 1: The first word on the News of the Day early 226 00:11:44,200 --> 00:11:47,840 Speaker 1: edition with Andrew Dickens and One Room, Make your Property 227 00:11:47,920 --> 00:11:50,240 Speaker 1: search and symbol you talk with me. 228 00:11:50,679 --> 00:11:53,000 Speaker 2: It's five twenty two. So it's been a big week 229 00:11:53,040 --> 00:11:55,240 Speaker 2: of health announcements. We've got the doctors one, now we've 230 00:11:55,280 --> 00:11:58,320 Speaker 2: got another one. The government's increasing the number of training 231 00:11:58,320 --> 00:12:01,959 Speaker 2: places for nurse practitioners, is specializing in primary care to 232 00:12:02,040 --> 00:12:04,840 Speaker 2: one hundred and twenty a year. Is also supporting advanced 233 00:12:04,880 --> 00:12:07,720 Speaker 2: education for up to one hundred and twenty registered nurses. 234 00:12:08,120 --> 00:12:10,440 Speaker 2: Professor Warwick bag is the Dean of Medical and Health 235 00:12:10,440 --> 00:12:13,080 Speaker 2: Sciences at Orkhan University. He's got a baarly for us. 236 00:12:13,080 --> 00:12:14,280 Speaker 2: Good morning to you, Warrick. 237 00:12:14,880 --> 00:12:15,720 Speaker 9: Good morning Andrew. 238 00:12:15,800 --> 00:12:19,319 Speaker 2: Wonderful news, isn't it? Is it enough? Will it make 239 00:12:19,320 --> 00:12:19,840 Speaker 2: a difference? 240 00:12:20,720 --> 00:12:22,679 Speaker 9: Of course it will make a difference, Andrew. The Minister 241 00:12:22,720 --> 00:12:26,240 Speaker 9: has touched on all of the important points to improve 242 00:12:26,840 --> 00:12:30,839 Speaker 9: the numbers of healthcare workers in New Zealand. He's announced 243 00:12:31,280 --> 00:12:35,360 Speaker 9: nurse practitioner training, particularly in primary care. He's upskilling nurses 244 00:12:35,400 --> 00:12:41,559 Speaker 9: in rural education. He has supported new locally trained doctors. 245 00:12:41,720 --> 00:12:44,240 Speaker 9: And he's also making use of doctors that are already 246 00:12:44,280 --> 00:12:47,559 Speaker 9: here or perhaps arriving in New Zealand and helping them 247 00:12:47,600 --> 00:12:50,079 Speaker 9: to train to become general practitioners. So there's a range 248 00:12:50,120 --> 00:12:53,600 Speaker 9: of solutions and the Minister has injected money behind each 249 00:12:53,640 --> 00:12:56,199 Speaker 9: of those solutions which is really going to make a difference. 250 00:12:56,240 --> 00:12:58,480 Speaker 9: Some of those in the very near term, some of 251 00:12:58,480 --> 00:12:59,400 Speaker 9: those in the longer term. 252 00:12:59,600 --> 00:13:03,720 Speaker 2: Obviously, obviously you appreciate and respect the Health Minister, which 253 00:13:03,760 --> 00:13:06,880 Speaker 2: is of course Simi and Brown, is the war between 254 00:13:07,080 --> 00:13:10,040 Speaker 2: the Health Ministry and all the practitioners coming to an end. 255 00:13:11,559 --> 00:13:14,320 Speaker 9: Well, I think as a university were delighted to be 256 00:13:14,400 --> 00:13:17,080 Speaker 9: able to work with the Minister to help with their 257 00:13:17,240 --> 00:13:20,840 Speaker 9: education of folks who want to be health professionals to 258 00:13:20,920 --> 00:13:26,439 Speaker 9: meet New Zealand's needs. So we're definitely very delighted with 259 00:13:26,520 --> 00:13:30,920 Speaker 9: their announcement and helping the sector get back on its feet. 260 00:13:31,600 --> 00:13:34,680 Speaker 2: And because you're at the university, because you're training these people, 261 00:13:34,800 --> 00:13:37,200 Speaker 2: are people coming to you for training? Do we have 262 00:13:37,920 --> 00:13:40,960 Speaker 2: the raw materials that can be formed into a health sector? 263 00:13:42,120 --> 00:13:45,319 Speaker 9: Absolutely, Andrew, We've been absolutely delighted by the strength of 264 00:13:45,360 --> 00:13:50,319 Speaker 9: all of our educations this year. We are well experienced, 265 00:13:50,320 --> 00:13:53,320 Speaker 9: we've got a great track record, and we're really excited 266 00:13:53,360 --> 00:13:56,000 Speaker 9: about the way we can do this education and the 267 00:13:56,000 --> 00:14:00,160 Speaker 9: cost effective way we can do this education. So this 268 00:14:00,240 --> 00:14:02,600 Speaker 9: is really a very good news story and delighted by 269 00:14:02,600 --> 00:14:04,160 Speaker 9: the Minister's series of announcements. 270 00:14:04,440 --> 00:14:07,120 Speaker 2: And finally, those people you're going to train are their 271 00:14:07,200 --> 00:14:08,439 Speaker 2: jobs for them at the other end. 272 00:14:09,720 --> 00:14:13,880 Speaker 9: So one of the challenges with new nursing graduates. That's 273 00:14:13,920 --> 00:14:16,200 Speaker 9: been a particular challenge and something we need to keep 274 00:14:16,360 --> 00:14:18,720 Speaker 9: working through and I know that Health New Zealand is 275 00:14:18,720 --> 00:14:22,720 Speaker 9: committed to doing that. We seem to have no trouble 276 00:14:22,720 --> 00:14:25,880 Speaker 9: in finding places for doctors to work, so that's really 277 00:14:25,880 --> 00:14:28,920 Speaker 9: good news and with a focus on general practice, will 278 00:14:28,960 --> 00:14:33,680 Speaker 9: really be strengthening that part of the equation. So I 279 00:14:33,720 --> 00:14:36,240 Speaker 9: think it's a strong yes to your answer, with some 280 00:14:36,400 --> 00:14:39,760 Speaker 9: attention particularly to those areas around new graduate nurses. 281 00:14:39,840 --> 00:14:42,240 Speaker 2: Well Wareck, thank you so much for your insight today. 282 00:14:42,600 --> 00:14:45,880 Speaker 2: Professor Warwick bag from the University of Auckland, the Medical 283 00:14:45,880 --> 00:14:48,040 Speaker 2: and health science is dean. Look at that. We just 284 00:14:48,040 --> 00:14:51,280 Speaker 2: had two good news stories in a row for this country. 285 00:14:51,760 --> 00:14:54,120 Speaker 2: Feeling good. You should. It's five twenty five. 286 00:14:54,280 --> 00:14:57,840 Speaker 1: The early edition full the Show podcast on Ironart Radio 287 00:14:58,080 --> 00:14:59,479 Speaker 1: powered by News Talks. 288 00:14:59,200 --> 00:14:59,480 Speaker 6: That me. 289 00:15:01,600 --> 00:15:05,440 Speaker 2: It's us. He'll be five twenty seven. So Adrian Orr 290 00:15:05,640 --> 00:15:08,480 Speaker 2: is gone in a month. We don't know why was 291 00:15:08,520 --> 00:15:12,040 Speaker 2: he pushed, did he jump? Whatever? He'll probably breathe a 292 00:15:12,080 --> 00:15:14,400 Speaker 2: sigh of relief because Adrian Or has been at the 293 00:15:14,400 --> 00:15:16,520 Speaker 2: center of public scrutiny ever since he got the job 294 00:15:16,520 --> 00:15:19,440 Speaker 2: as New Zealand Superfund CEO, and he got that back 295 00:15:19,480 --> 00:15:22,480 Speaker 2: in two thousand and seven, and during his tenure as 296 00:15:22,520 --> 00:15:25,200 Speaker 2: Reserve Bank Governor, he was damned no matter what he did, 297 00:15:25,480 --> 00:15:27,720 Speaker 2: because here's the thing about being the Reserve Bank governor. 298 00:15:27,880 --> 00:15:30,720 Speaker 2: With every move there will always be victims who always 299 00:15:30,760 --> 00:15:34,040 Speaker 2: feel punished in the pocketbook. So everyone has an opinion 300 00:15:34,080 --> 00:15:37,760 Speaker 2: of Adrian Orr, and most are not complimentary. And honestly, 301 00:15:37,800 --> 00:15:42,040 Speaker 2: who needs that. He's sixty three, he's wealthy, and I'm 302 00:15:42,080 --> 00:15:44,840 Speaker 2: sure keen to return to anonymity. So was he as 303 00:15:44,880 --> 00:15:45,640 Speaker 2: bad as many say? 304 00:15:46,000 --> 00:15:46,160 Speaker 10: Well? 305 00:15:46,200 --> 00:15:48,840 Speaker 2: Had the Superfund, he was generally hailed as a good 306 00:15:48,840 --> 00:15:52,240 Speaker 2: operator who increased our savings, but he was also vilified 307 00:15:52,240 --> 00:15:55,800 Speaker 2: for taking a million dollar salary. You have to say, though, 308 00:15:55,840 --> 00:15:59,000 Speaker 2: that was well below equivalent private positions, But you know, 309 00:15:59,320 --> 00:16:02,240 Speaker 2: we looked at it. Was he stupid? No, he's got 310 00:16:02,240 --> 00:16:05,440 Speaker 2: an impressive CV. He's had stints in Paris at the OECD, 311 00:16:06,120 --> 00:16:08,320 Speaker 2: He's worked here with the National Bank, the Reserve Bank, 312 00:16:08,360 --> 00:16:11,200 Speaker 2: Westpac and then the Reserve Bank again. Then he got 313 00:16:11,240 --> 00:16:14,280 Speaker 2: the CEO job for the Superfund in two thousand and seven, 314 00:16:14,360 --> 00:16:16,800 Speaker 2: and then he became the governor. So if I have 315 00:16:16,880 --> 00:16:20,720 Speaker 2: one criticism of Adrian Or, well, no, I've got two. One, 316 00:16:20,960 --> 00:16:23,640 Speaker 2: he's a little bit woky, and you'll hear about that 317 00:16:23,720 --> 00:16:25,880 Speaker 2: as the day goes on. Some of his staff there's 318 00:16:25,880 --> 00:16:28,080 Speaker 2: a battle happening about his funding. But the other one 319 00:16:28,120 --> 00:16:30,600 Speaker 2: I have is his lack of confidence in New Zealanders. 320 00:16:31,200 --> 00:16:34,440 Speaker 2: When the pandemic started, he made money virtually free, believing 321 00:16:34,440 --> 00:16:38,360 Speaker 2: the economy would collapse. But it didn't because New Zealanders 322 00:16:38,360 --> 00:16:41,040 Speaker 2: found a way and the flood of money fueled the 323 00:16:41,080 --> 00:16:44,600 Speaker 2: fire of inflation, combined with a government that was drunk 324 00:16:44,640 --> 00:16:48,080 Speaker 2: on spending. And then when inflation rage, he reacted in 325 00:16:48,120 --> 00:16:51,480 Speaker 2: an orthodox way by raising the interest rates. But I 326 00:16:51,480 --> 00:16:53,640 Speaker 2: don't think he figured on a government that had then 327 00:16:53,760 --> 00:16:57,880 Speaker 2: turned the government spending tap off, turning his big stick 328 00:16:57,880 --> 00:17:02,480 Speaker 2: for the economy into a sledgehammer. Our macroeconomic policies have 329 00:17:02,600 --> 00:17:05,439 Speaker 2: reel from feast to famine over the past five years. 330 00:17:06,080 --> 00:17:09,480 Speaker 2: We'll like some drunks stumbling down the street, and it's 331 00:17:09,520 --> 00:17:13,560 Speaker 2: certainly time for some stability and some conservative policies and 332 00:17:13,640 --> 00:17:15,720 Speaker 2: to worry about the dollars and cents and nothing else. 333 00:17:16,440 --> 00:17:20,160 Speaker 2: So Adrian, after getting our ship headed towards the stable path, 334 00:17:20,440 --> 00:17:23,760 Speaker 2: has called it a day, and I wish him and 335 00:17:23,800 --> 00:17:26,359 Speaker 2: his family all the best, and I hope he enjoys 336 00:17:26,359 --> 00:17:29,000 Speaker 2: the piece in quiet, and I hope I never hear 337 00:17:29,040 --> 00:17:29,840 Speaker 2: his name again. 338 00:17:31,160 --> 00:17:32,000 Speaker 1: Dickens. 339 00:17:32,240 --> 00:17:36,080 Speaker 2: All right, at the trade war, Canada's reacted and they're 340 00:17:36,119 --> 00:17:38,360 Speaker 2: saying that consumer goods are going to rise in North 341 00:17:38,359 --> 00:17:41,960 Speaker 2: America in price big time. Over the next week. We'll 342 00:17:41,960 --> 00:17:43,920 Speaker 2: talk to Mitch mccamon for the US about all this. 343 00:17:44,240 --> 00:17:45,359 Speaker 2: Shortly here on New Stories. 344 00:17:45,359 --> 00:17:45,879 Speaker 10: He'd been. 345 00:17:52,040 --> 00:17:56,040 Speaker 1: Get ahead of the headlines on early edition. Andrew Dickens 346 00:17:56,080 --> 00:17:59,919 Speaker 1: and One Room, Make Your Property Search Simple News Talks. 347 00:18:00,119 --> 00:18:00,400 Speaker 3: It be. 348 00:18:12,960 --> 00:18:18,359 Speaker 2: Goodbody, Welcome to your Thursday. I'm Andrew Dickens. Yes, I 349 00:18:18,400 --> 00:18:22,560 Speaker 2: got my name right, I'm named for Ryan Bridge and 350 00:18:22,680 --> 00:18:24,720 Speaker 2: my producers just asked me, is this quickly going to 351 00:18:24,800 --> 00:18:26,720 Speaker 2: end soon? Well, I don't know. It's the mystery of 352 00:18:26,720 --> 00:18:28,640 Speaker 2: the game. This is why we watch. If we knew 353 00:18:28,680 --> 00:18:30,359 Speaker 2: when it was going to end, why would we watch it. 354 00:18:30,440 --> 00:18:34,280 Speaker 2: But it should end soon South because one hundred behind 355 00:18:34,320 --> 00:18:38,119 Speaker 2: us and they've only got one wicket left. So you know, 356 00:18:38,280 --> 00:18:40,520 Speaker 2: we're just sitting here just waiting for a glorious moment 357 00:18:40,560 --> 00:18:42,719 Speaker 2: when New Zealand will end out. In the final against 358 00:18:42,720 --> 00:18:46,280 Speaker 2: India in Dubai, Indias played all their games in Dubai. 359 00:18:46,600 --> 00:18:48,560 Speaker 2: It's their home patch in this tournament, so that's not 360 00:18:48,600 --> 00:18:50,760 Speaker 2: good news. But anyway, more on this bit later on. Look, 361 00:18:50,760 --> 00:18:53,400 Speaker 2: I'm off to my second event of the Aukland Arts 362 00:18:53,440 --> 00:18:56,320 Speaker 2: Festival tonight. I went to sixth the Music Hall last 363 00:18:56,359 --> 00:19:01,040 Speaker 2: weekend and that was great. I well recommend that even 364 00:19:01,080 --> 00:19:03,920 Speaker 2: more so because it was just seventy five minutes long 365 00:19:03,920 --> 00:19:06,919 Speaker 2: and it had no intermission, which is great. You know 366 00:19:06,920 --> 00:19:08,399 Speaker 2: how you go through the first half of something then 367 00:19:08,440 --> 00:19:11,159 Speaker 2: you have an into Michigan. Oh, I've go through another 368 00:19:11,240 --> 00:19:13,720 Speaker 2: half of all this no intermission, seventy five minutes in 369 00:19:13,800 --> 00:19:16,040 Speaker 2: out boom. It was fun. Tonight I'm going to a 370 00:19:16,040 --> 00:19:19,280 Speaker 2: troop of female aeralists called Belle, who are performing to 371 00:19:19,320 --> 00:19:22,560 Speaker 2: a soundtrack composed by a key week Eden Mulholland. This 372 00:19:22,640 --> 00:19:25,040 Speaker 2: show is also only one hour long, loving it. And 373 00:19:25,119 --> 00:19:27,520 Speaker 2: next week I'm off to a saucy cabaret in the 374 00:19:27,680 --> 00:19:30,719 Speaker 2: Speaker Tent and its charm is that it starts at 375 00:19:30,720 --> 00:19:33,919 Speaker 2: six thirty pm and again it's only an hour long. Fabulous. 376 00:19:33,960 --> 00:19:36,399 Speaker 2: These are great events for busy people who wake up 377 00:19:36,440 --> 00:19:38,960 Speaker 2: and sane the early and that's me. So today I'm 378 00:19:38,960 --> 00:19:40,480 Speaker 2: going to meet my partner in town. At six, We're 379 00:19:40,480 --> 00:19:42,640 Speaker 2: going to go to our favorite yakatory joint and help 380 00:19:42,680 --> 00:19:46,560 Speaker 2: stimulate the economy and fill our berry bellies, because that 381 00:19:46,720 --> 00:19:48,800 Speaker 2: is the upside of all these events. It gets people 382 00:19:48,840 --> 00:19:51,080 Speaker 2: out and it gets them spreading their cash through the economy. 383 00:19:51,720 --> 00:19:53,520 Speaker 2: And this seems to be something that Awkan's mayor is 384 00:19:53,560 --> 00:19:57,520 Speaker 2: realizing that it's council's job to promote events coming to 385 00:19:57,560 --> 00:19:59,800 Speaker 2: their cities. So all of a sudden he's talking up 386 00:19:59,840 --> 00:20:02,600 Speaker 2: the America's cut returning to our shores, which I don't 387 00:20:02,600 --> 00:20:04,280 Speaker 2: think he would have done at the beginning of his term. 388 00:20:04,640 --> 00:20:07,240 Speaker 2: Is this a good idea? Well, it would be lovely, 389 00:20:07,240 --> 00:20:09,680 Speaker 2: but I don't think it's going to happen. But big 390 00:20:09,760 --> 00:20:14,080 Speaker 2: civic events are good. They are stimulatory and we all 391 00:20:14,119 --> 00:20:16,960 Speaker 2: love them, so keep them coming. It's twenty one to six. 392 00:20:17,320 --> 00:20:19,720 Speaker 1: Andrew Dickens just some quick texts. 393 00:20:19,960 --> 00:20:23,280 Speaker 2: Everyone's got a theory about Adrian Orr. Jack reckons the 394 00:20:23,280 --> 00:20:25,359 Speaker 2: government is stacking for cover because they don't want us 395 00:20:25,400 --> 00:20:28,560 Speaker 2: to know what Adrian Or's payout was. Well, it's between 396 00:20:28,760 --> 00:20:32,640 Speaker 2: them and him, and who cares. Another good question raised 397 00:20:32,640 --> 00:20:35,360 Speaker 2: from the text is the real question is why did 398 00:20:35,359 --> 00:20:37,680 Speaker 2: staff numbers at the Reserve Bank grow so much under 399 00:20:37,680 --> 00:20:39,960 Speaker 2: the time that Adrian Or was there. What were they 400 00:20:40,040 --> 00:20:42,520 Speaker 2: doing that wasn't being done before? And this is the 401 00:20:42,520 --> 00:20:45,040 Speaker 2: battle that has been fought between the current government and 402 00:20:45,080 --> 00:20:47,360 Speaker 2: the governor for quite some time. Funding has gone through 403 00:20:47,359 --> 00:20:50,480 Speaker 2: the roof with Adrian Or, and he wanted even more 404 00:20:51,040 --> 00:20:54,119 Speaker 2: and the government was saying absolutely no way. Look we 405 00:20:54,240 --> 00:20:56,239 Speaker 2: got the big inflation because of you. That's why your 406 00:20:56,240 --> 00:20:58,679 Speaker 2: costs went up. How about you cut your costs. How 407 00:20:58,680 --> 00:21:01,480 Speaker 2: about you get back to knitting, how about be less 408 00:21:01,800 --> 00:21:05,840 Speaker 2: workI So that could be a reason why he's left. 409 00:21:05,960 --> 00:21:07,880 Speaker 2: And we'll talk more about this with Cameron bag Reep 410 00:21:07,960 --> 00:21:09,919 Speaker 2: very shortly, but right now it's trying to go right 411 00:21:09,920 --> 00:21:12,120 Speaker 2: around the country and say good morning to Callum Proctor 412 00:21:12,200 --> 00:21:16,800 Speaker 2: in Dunedin Halla, Callum morning, Andrew. So a university study 413 00:21:16,880 --> 00:21:20,520 Speaker 2: is exposed gaps in our education around beach safety. 414 00:21:21,680 --> 00:21:21,880 Speaker 6: Yeah. 415 00:21:21,880 --> 00:21:24,480 Speaker 11: What it's found is that only half of Kiwi beach 416 00:21:24,600 --> 00:21:30,440 Speaker 11: users could I identify a rip in photos and videos, 417 00:21:30,480 --> 00:21:33,560 Speaker 11: while people with surf related experience could spot them seventy 418 00:21:33,600 --> 00:21:36,919 Speaker 11: five percent of the time. So New Zealand recorded seventy 419 00:21:36,960 --> 00:21:41,800 Speaker 11: two drownings last year, many attributed to rip currents. The 420 00:21:41,880 --> 00:21:44,320 Speaker 11: lead author of the studies Rachel Irvings. She says it's 421 00:21:44,359 --> 00:21:47,120 Speaker 11: the first study of its kind to assess whether videos 422 00:21:47,680 --> 00:21:50,399 Speaker 11: are a more effective tool and education, so these results 423 00:21:50,440 --> 00:21:53,440 Speaker 11: are very concerning. She's now planning to look into how 424 00:21:53,520 --> 00:21:56,560 Speaker 11: AI can help educate beach users in the future. 425 00:21:56,840 --> 00:21:59,480 Speaker 2: How's Donedian's weather fine today? 426 00:21:59,600 --> 00:22:01,760 Speaker 11: Cloud develops this afternoon, a high of nineteen. 427 00:22:01,800 --> 00:22:04,160 Speaker 2: Good job, callum, Thank you. Claire Sherwood from christ Church, 428 00:22:04,160 --> 00:22:06,919 Speaker 2: Good morning, Good morning. So what's the Cancer Society of 429 00:22:06,920 --> 00:22:08,280 Speaker 2: New Zealand up to in your town? 430 00:22:08,720 --> 00:22:08,960 Speaker 8: Yeah? 431 00:22:08,960 --> 00:22:11,600 Speaker 12: Well, this is the first for the Cancer Society. They're 432 00:22:11,640 --> 00:22:15,600 Speaker 12: hosting a first their first ever cancer Research and Innovation 433 00:22:15,760 --> 00:22:18,840 Speaker 12: conference right here in christ Church over the next two days. 434 00:22:19,080 --> 00:22:22,520 Speaker 12: Healthcare professionals are looking into some cancer research as well 435 00:22:22,520 --> 00:22:26,240 Speaker 12: as treatments and also efforts to combat the disease. The 436 00:22:26,359 --> 00:22:30,920 Speaker 12: role of biobanking to support such research. The global surgeon 437 00:22:31,000 --> 00:22:35,480 Speaker 12: under fifties, being diagnosed with cancer, and innovations in screening 438 00:22:35,560 --> 00:22:38,240 Speaker 12: are just some of the topics that they're planning to discuss. 439 00:22:38,600 --> 00:22:41,800 Speaker 12: Chief Executive Nicola Combe says the event's a critical platform 440 00:22:41,840 --> 00:22:45,159 Speaker 12: for collaboration and the fight against cancer. As our diagnosis 441 00:22:45,200 --> 00:22:49,639 Speaker 12: rates rise and how's Canterbury's weather fine with light winds 442 00:22:49,680 --> 00:22:53,280 Speaker 12: and some afternoon breezes a maximum of seventeen. 443 00:22:52,880 --> 00:22:55,560 Speaker 2: Max told joins us from Wellington. Hello, Max, good morning. 444 00:22:55,720 --> 00:22:57,960 Speaker 2: You've got the Pride Festival coming up and security is 445 00:22:58,000 --> 00:22:59,920 Speaker 2: being beefed up. You're expecting trouble. 446 00:23:00,240 --> 00:23:05,040 Speaker 7: Well expecting trouble, hopefully not. Brian Tarmacke's stunts in Auckland 447 00:23:05,080 --> 00:23:09,120 Speaker 7: really do have Wellington officials on high alert. The Pride 448 00:23:09,240 --> 00:23:12,760 Speaker 7: Parade specifically takes place this weekend. You're going to see 449 00:23:12,760 --> 00:23:17,680 Speaker 7: more police, dedicated security teams on standby apparently Pacifica Patrol 450 00:23:17,720 --> 00:23:20,800 Speaker 7: and Mardi Warden's according to the council as well. And 451 00:23:20,840 --> 00:23:22,760 Speaker 7: in the meantime, in the background to all this, you've 452 00:23:22,760 --> 00:23:26,920 Speaker 7: got this small transgender crossing in Breenpoor that's attracting more 453 00:23:26,920 --> 00:23:30,159 Speaker 7: and more attention. It's only a portion of the pedestrian 454 00:23:30,200 --> 00:23:33,399 Speaker 7: crossing in the suburb. It's in the median bay of 455 00:23:33,440 --> 00:23:37,639 Speaker 7: the crossing. It's colored in the transflag colours. The council 456 00:23:37,720 --> 00:23:40,000 Speaker 7: has told us it'll be removed because it goes against 457 00:23:40,000 --> 00:23:43,240 Speaker 7: their policies. Meanwhile, you've got MP Julianne Genter and several 458 00:23:43,280 --> 00:23:45,920 Speaker 7: councilors who as we predicted at the beginning of the week, 459 00:23:46,080 --> 00:23:48,879 Speaker 7: and now lobbying to keep it. And on social media 460 00:23:48,920 --> 00:23:52,000 Speaker 7: it's caught the attention of Tarmaki himself who's been spewing 461 00:23:52,040 --> 00:23:55,760 Speaker 7: about it. Pride Festival opens tomorrow with the various events 462 00:23:55,760 --> 00:23:59,399 Speaker 7: around the city. And how's the weather mostly cloudy with 463 00:23:59,400 --> 00:24:02,879 Speaker 7: a few showers, fresh southerly sixteen the high central and neither. 464 00:24:02,720 --> 00:24:04,480 Speaker 2: Written mind who joins us from Auckland, hell and even 465 00:24:04,520 --> 00:24:06,600 Speaker 2: good morning? So the mayor is suddenly talking up a 466 00:24:06,600 --> 00:24:08,440 Speaker 2: return of the America's come Well. 467 00:24:08,280 --> 00:24:10,879 Speaker 13: That's a chetta chatta chatter going on at the moment, Andrew. 468 00:24:11,480 --> 00:24:14,040 Speaker 13: So the big question where will funding come from for 469 00:24:14,320 --> 00:24:17,680 Speaker 13: a possible America's cut return to Auckland. So this comes 470 00:24:17,720 --> 00:24:21,320 Speaker 13: after confirmation of talks between Team New Zealand and Tartucki 471 00:24:21,359 --> 00:24:24,080 Speaker 13: Auckland Unlimited to bring the old Mug defense back to 472 00:24:24,119 --> 00:24:26,560 Speaker 13: the city of Sales. So as we all know, you know, 473 00:24:26,600 --> 00:24:28,680 Speaker 13: Team New zen and they're rejected that ninety nine million 474 00:24:28,680 --> 00:24:31,239 Speaker 13: dollar offer from the government host last years regretted then 475 00:24:31,280 --> 00:24:34,480 Speaker 13: that was moved to Barcelona. Commentator Peter Lester says there's 476 00:24:34,480 --> 00:24:37,159 Speaker 13: plenty of funding that's going to be needed given that, 477 00:24:37,320 --> 00:24:41,320 Speaker 13: you know, the event the technological advancements, and he says 478 00:24:41,320 --> 00:24:44,280 Speaker 13: that all the syndicates have morphed into technology companies, which 479 00:24:44,280 --> 00:24:46,639 Speaker 13: happen to sale yacht. So yes, that's a big question. 480 00:24:46,760 --> 00:24:48,399 Speaker 13: You know, who's got the money and how much is 481 00:24:48,440 --> 00:24:49,000 Speaker 13: it going to cost. 482 00:24:49,080 --> 00:24:50,919 Speaker 2: Well, I don't think we have the money, but I 483 00:24:50,960 --> 00:24:52,760 Speaker 2: don't see any harm in trial. 484 00:24:52,880 --> 00:24:54,320 Speaker 13: Well that's right, got on you. 485 00:24:54,800 --> 00:24:57,480 Speaker 2: And by the way, the wind for Auckland this summer 486 00:24:57,520 --> 00:24:59,760 Speaker 2: has been awesome for sailing. I saw stein Lugger two 487 00:24:59,840 --> 00:25:01,800 Speaker 2: on harbor yesterday and it was in full flight. 488 00:25:01,880 --> 00:25:03,040 Speaker 13: Oh it was quite windy day. 489 00:25:03,119 --> 00:25:05,200 Speaker 2: Yeah, I know, I it was great for sailing. How's 490 00:25:05,200 --> 00:25:05,840 Speaker 2: the weather today? 491 00:25:06,160 --> 00:25:08,640 Speaker 13: Fine? Southerly is a high of twenty one here in Auckland. 492 00:25:09,000 --> 00:25:12,439 Speaker 2: And I thank you. And now more Adrian Or text Andrew. 493 00:25:12,480 --> 00:25:15,399 Speaker 2: I have no interest in why Adrian Or has left. 494 00:25:15,520 --> 00:25:18,479 Speaker 2: Just that he's gone is good enough news. The damage 495 00:25:18,480 --> 00:25:20,919 Speaker 2: that he Justinda and Grant did to this country borders 496 00:25:20,960 --> 00:25:24,119 Speaker 2: on criminal. According to Penny, I also wondered about the 497 00:25:24,119 --> 00:25:26,359 Speaker 2: fact that he was raising the interest rates while the 498 00:25:26,400 --> 00:25:30,719 Speaker 2: government was cutting the government spending under the National Raising, 499 00:25:31,160 --> 00:25:34,359 Speaker 2: and I wondered whether perhaps the two hands were not 500 00:25:34,400 --> 00:25:36,560 Speaker 2: looking at each other, the left and the right hand 501 00:25:36,600 --> 00:25:39,479 Speaker 2: weren't talking anyway. More on this with Camon Baggriage. Shortly 502 00:25:39,560 --> 00:25:43,920 Speaker 2: sixteen minutes to six. We're off to America with Mitch mccannext. Now, 503 00:25:44,119 --> 00:25:46,719 Speaker 2: what if everything you've been told about changing your health 504 00:25:46,920 --> 00:25:49,960 Speaker 2: is only half the story. Maybe it's a constant exhaustion, 505 00:25:50,080 --> 00:25:52,240 Speaker 2: or the weight that we' budge, or the creeping anxiety 506 00:25:52,280 --> 00:25:55,520 Speaker 2: you can't explain. Or maybe it's a deeper fear your 507 00:25:55,520 --> 00:25:58,399 Speaker 2: family history, the borderline blood pressure, or the feeling that 508 00:25:58,440 --> 00:26:02,400 Speaker 2: you're aging quicker than you want. This is where Autonomy 509 00:26:02,800 --> 00:26:05,960 Speaker 2: can help you. Autonomy is New Zealand's leading personal health 510 00:26:06,000 --> 00:26:10,840 Speaker 2: transformation clinic. They don't just treat symptoms, they uncover root causes. 511 00:26:11,320 --> 00:26:13,919 Speaker 2: Autonomy have the time to listen and look beyond a 512 00:26:13,960 --> 00:26:18,200 Speaker 2: single diagnosis to connect the dots. This is personalized, medically 513 00:26:18,280 --> 00:26:21,320 Speaker 2: led health coaching at its very best. They've shown if 514 00:26:21,320 --> 00:26:23,159 Speaker 2: you have the right strategy, the right doctor, and the 515 00:26:23,240 --> 00:26:26,960 Speaker 2: right health coach, you're capable of making extraordinary changes in 516 00:26:27,000 --> 00:26:30,000 Speaker 2: your health. You want to do that, we'll talk to Autonomy. 517 00:26:30,040 --> 00:26:32,720 Speaker 2: Autonomy are helping people all over New Zealand. From their 518 00:26:32,720 --> 00:26:36,240 Speaker 2: clinic and Remuera in Auckland, and you can find Autonomy 519 00:26:36,280 --> 00:26:40,000 Speaker 2: at autonomy dot health or just google the word autonomy. 520 00:26:40,359 --> 00:26:41,840 Speaker 2: Individual results may vary. 521 00:26:43,400 --> 00:26:47,280 Speaker 1: International correspondence with Ends and Eye Insurance Peace of Mind 522 00:26:47,320 --> 00:26:48,400 Speaker 1: for New Zealand Business. 523 00:26:49,720 --> 00:26:52,879 Speaker 2: Mitch McCann joins us from the United States of America 524 00:26:52,880 --> 00:26:54,320 Speaker 2: with the time at thirteen minutes to six. 525 00:26:54,359 --> 00:26:56,800 Speaker 6: Hey Mitch, Hey, Andrew, how are you good? 526 00:26:56,840 --> 00:26:58,960 Speaker 2: That speech to Congress went on and on and on 527 00:26:59,040 --> 00:27:00,919 Speaker 2: and on. It's a record breaker, a. 528 00:27:01,000 --> 00:27:03,240 Speaker 6: Dead It was more than one hundred minutes, the longest 529 00:27:03,280 --> 00:27:06,879 Speaker 6: presidential address in modern history, where Donald Trump opened with 530 00:27:06,920 --> 00:27:10,680 Speaker 6: the phrase last night, America is back. He spent more 531 00:27:10,680 --> 00:27:13,040 Speaker 6: than one hundred minutes, as I mentioned, going over what 532 00:27:13,119 --> 00:27:16,560 Speaker 6: he called his achievements. But early on there was some disruption. 533 00:27:16,720 --> 00:27:19,200 Speaker 6: One Democrat had to be escorted out of the chamber 534 00:27:19,240 --> 00:27:22,399 Speaker 6: for hickling Donald Trump and others held up sign saying 535 00:27:22,440 --> 00:27:26,000 Speaker 6: things like false, but Donald Trump chose instead to taught 536 00:27:26,040 --> 00:27:29,639 Speaker 6: many of them, calling them radical left lunatics. But in 537 00:27:29,720 --> 00:27:32,000 Speaker 6: terms of any actual substance in his speech, he made 538 00:27:32,040 --> 00:27:35,920 Speaker 6: a point of saying that he appreciated Volotimya Zelensky's message 539 00:27:36,119 --> 00:27:39,560 Speaker 6: that Ukraine is ready to come to the negotiating table. 540 00:27:39,560 --> 00:27:43,080 Speaker 6: And that's interesting because this morning the United States has 541 00:27:43,240 --> 00:27:47,240 Speaker 6: paused the sharing of intelligence with Ukraine. The CIA director 542 00:27:47,280 --> 00:27:49,959 Speaker 6: told Fox Business that Donald Trump had a real question 543 00:27:50,400 --> 00:27:53,639 Speaker 6: about whether or not Zelensky was committed to the peace process, 544 00:27:53,960 --> 00:27:56,640 Speaker 6: and he said, let's pause. But that may not last 545 00:27:56,800 --> 00:28:00,000 Speaker 6: very long. The administration has really started softening its life 546 00:28:00,040 --> 00:28:04,160 Speaker 6: language about Zelensky and Ukraine since that now infamous blow 547 00:28:04,240 --> 00:28:06,160 Speaker 6: up at the Oval Office only a few days ago. 548 00:28:06,320 --> 00:28:10,399 Speaker 2: Yeah, but they have strengthened their talk about tariffs against 549 00:28:10,400 --> 00:28:12,960 Speaker 2: almost all the world. Canada's reacting as well. What's the 550 00:28:13,000 --> 00:28:13,920 Speaker 2: reaction in America? 551 00:28:14,720 --> 00:28:18,200 Speaker 6: Yeah, Canada very unhappy with this, justin Trudeau yesterday saying 552 00:28:18,320 --> 00:28:20,679 Speaker 6: it was a very dumb thing to do. Aimed at 553 00:28:20,680 --> 00:28:24,200 Speaker 6: Donald Trump that comment, but it's reported the peer. Donald 554 00:28:24,200 --> 00:28:26,879 Speaker 6: Trump and Trudeau are going to speak later today about this. 555 00:28:27,320 --> 00:28:29,240 Speaker 6: But we are learning this morning there might be some 556 00:28:29,520 --> 00:28:33,680 Speaker 6: relief here with the tariffs, specifically targeting the auto sector. 557 00:28:33,960 --> 00:28:37,760 Speaker 6: Howard Lucknet, donald Trump's Commerce secretary, was interviewed by Bloomberg 558 00:28:37,800 --> 00:28:40,200 Speaker 6: this morning. He said, there are going to be tariffs, 559 00:28:40,240 --> 00:28:43,080 Speaker 6: but Donald Trump's thinking about which sections of the market 560 00:28:43,560 --> 00:28:47,480 Speaker 6: he's considering going giving some relief to and the reports 561 00:28:47,480 --> 00:28:50,120 Speaker 6: are that could be the auto sector as soon as 562 00:28:50,120 --> 00:28:52,520 Speaker 6: the safternoon, and there is a lot of cars car 563 00:28:52,600 --> 00:28:56,080 Speaker 6: parts that transfer between Mexico, Canada and the US, so 564 00:28:56,120 --> 00:28:57,800 Speaker 6: that would be a lot of belief. We might know 565 00:28:58,200 --> 00:29:00,800 Speaker 6: as soon as the s afternoon. Hour and a half 566 00:29:00,840 --> 00:29:04,760 Speaker 6: from now. The White House is holding its press breeding, 567 00:29:04,840 --> 00:29:06,520 Speaker 6: so we may get some more information soon. 568 00:29:06,680 --> 00:29:09,040 Speaker 2: Good stuff, Mitch McCann. Out of the United States of America, 569 00:29:09,080 --> 00:29:13,280 Speaker 2: it is ten to six decades. Well, Adrianaw's gone three 570 00:29:13,360 --> 00:29:17,000 Speaker 2: years early. Deputy Governor Christian Hawksby will step in as 571 00:29:17,040 --> 00:29:19,000 Speaker 2: an acting governor until the last day of this month. 572 00:29:19,520 --> 00:29:23,880 Speaker 2: The Finance Minister Nicola Willis acknowledged his service, does never 573 00:29:23,920 --> 00:29:27,240 Speaker 2: told us why he quit. Here is Reserve Bank Board 574 00:29:27,320 --> 00:29:28,720 Speaker 2: chair Neil Quickly last night. 575 00:29:29,240 --> 00:29:32,440 Speaker 14: The job of the Reserve Bank governor is one where 576 00:29:32,680 --> 00:29:36,880 Speaker 14: you face unrelenting critique of your actions. No matter what 577 00:29:37,080 --> 00:29:39,880 Speaker 14: you do. There is a time when you think, having 578 00:29:39,920 --> 00:29:42,120 Speaker 14: achieved what you wanted to achieve, that's enough. 579 00:29:43,000 --> 00:29:46,440 Speaker 2: And now we're joined by independent economist Cameron Baggery. Hey, Cameron, 580 00:29:47,360 --> 00:29:49,920 Speaker 2: a good warning. Everyone's got a theory about why Adrian 581 00:29:49,960 --> 00:29:52,760 Speaker 2: All left, what's yours? 582 00:29:53,200 --> 00:29:56,960 Speaker 10: Oh, I don't have a theory. The room and mills 583 00:29:56,960 --> 00:30:01,440 Speaker 10: obviously an overdraft, but it's a it's a tough kick, right, 584 00:30:01,520 --> 00:30:05,400 Speaker 10: it's a it's a tough job, and sometimes your individuals 585 00:30:05,400 --> 00:30:08,640 Speaker 10: sort of reflect in regard to whether you want to 586 00:30:08,680 --> 00:30:11,480 Speaker 10: continue in a role. And obviously Adrian sort of decided 587 00:30:11,520 --> 00:30:13,640 Speaker 10: that it's time to move on. He's moved on, and 588 00:30:13,840 --> 00:30:16,320 Speaker 10: the important thing is that who's going to be next 589 00:30:16,320 --> 00:30:18,560 Speaker 10: in the job. And we can go back and self 590 00:30:18,560 --> 00:30:21,440 Speaker 10: reflect and regards to the job he's done. But yeah, 591 00:30:21,480 --> 00:30:22,280 Speaker 10: let's let's move on. 592 00:30:22,400 --> 00:30:24,719 Speaker 2: And it's it's obvious that the current government didn't have 593 00:30:24,760 --> 00:30:27,440 Speaker 2: confidence in them and they've been having a war over funding. 594 00:30:27,600 --> 00:30:29,840 Speaker 2: Because that's the thing about the Reserve Bank under Adrian 595 00:30:30,000 --> 00:30:34,560 Speaker 2: or suddenly it has it's mushroomed and it's and it's 596 00:30:35,360 --> 00:30:37,600 Speaker 2: what wants to do and who it employees. 597 00:30:39,360 --> 00:30:43,520 Speaker 10: You know, the the Reserve Bank has certainly mushroomed over 598 00:30:43,520 --> 00:30:48,240 Speaker 10: the past few years something good reasons and maybe for 599 00:30:48,440 --> 00:30:51,520 Speaker 10: some others. But yeah, there's a yeah, I think yeah, 600 00:30:51,680 --> 00:30:55,480 Speaker 10: the start he counts increased by what yeah, factor of 601 00:30:55,520 --> 00:30:58,239 Speaker 10: your two point five something like that. Yes, he got 602 00:30:58,320 --> 00:31:01,440 Speaker 10: a lot more regular for your oversight. There's some justification 603 00:31:01,560 --> 00:31:03,960 Speaker 10: for that. There's a few questions that probably did ask 604 00:31:04,560 --> 00:31:07,280 Speaker 10: on the other side as well. But when I think 605 00:31:07,320 --> 00:31:09,480 Speaker 10: about the Reserve Bank, Yeah, and this is particularly going 606 00:31:09,520 --> 00:31:11,880 Speaker 10: back Toy had ten to twenty years here. Their main 607 00:31:11,960 --> 00:31:14,040 Speaker 10: role is to be at monetary policy. 608 00:31:14,760 --> 00:31:16,600 Speaker 2: Yes, Well, that's the thing is there's quite a few 609 00:31:16,640 --> 00:31:18,800 Speaker 2: people in the leadership teams that seem to have absolutely 610 00:31:18,840 --> 00:31:22,240 Speaker 2: no economic experience, and there's that Adrian's legacy to leave 611 00:31:22,280 --> 00:31:24,400 Speaker 2: behind a woke bank that wasn't actually looking after the 612 00:31:24,440 --> 00:31:25,240 Speaker 2: dollars and cents. 613 00:31:26,920 --> 00:31:30,040 Speaker 10: Yeah, on one thing. You can have your critiques and 614 00:31:30,240 --> 00:31:32,080 Speaker 10: that sort of stuff, But yeah, you go back and 615 00:31:32,120 --> 00:31:34,880 Speaker 10: these it's been a pretty tough job over the past 616 00:31:34,920 --> 00:31:37,120 Speaker 10: sort of three or four years facing COVID, we went 617 00:31:37,160 --> 00:31:42,520 Speaker 10: into an extraordinary shock and regard and do they over 618 00:31:42,600 --> 00:31:46,480 Speaker 10: engineer the economic recovery? The answer is yes, they the 619 00:31:46,560 --> 00:31:49,320 Speaker 10: over engineer the economic downt and the answer is yes 620 00:31:49,400 --> 00:31:51,880 Speaker 10: to sort of put us back on the economic plane 621 00:31:52,560 --> 00:31:57,480 Speaker 10: of normality, and normality now beacons. But there is obviously 622 00:31:57,520 --> 00:32:00,080 Speaker 10: a lot of questions about how the reserve bankers you 623 00:32:00,240 --> 00:32:03,760 Speaker 10: potentially overreached into other areas. Probably the biggest one is 624 00:32:03,800 --> 00:32:06,440 Speaker 10: what the Reserve Bank has done in regard to you're 625 00:32:06,440 --> 00:32:09,280 Speaker 10: getting the banks to hold more capital. And of course 626 00:32:09,280 --> 00:32:14,080 Speaker 10: when the banks have held more capital, I've just shifted 627 00:32:14,120 --> 00:32:19,360 Speaker 10: their capital from the low risk into the low risk 628 00:32:19,360 --> 00:32:22,120 Speaker 10: housing market the expense of the business sector, and that's 629 00:32:22,120 --> 00:32:24,120 Speaker 10: been a bit of an economic break and productivity and 630 00:32:24,160 --> 00:32:24,880 Speaker 10: economic growth. 631 00:32:24,880 --> 00:32:27,400 Speaker 2: You're quite right, though, Cameron. The only world question is 632 00:32:27,440 --> 00:32:29,280 Speaker 2: who's going to do the job next to you? Preparing 633 00:32:29,320 --> 00:32:29,680 Speaker 2: your CV. 634 00:32:31,800 --> 00:32:33,840 Speaker 10: Haven't had that call and quite heaped with what I'm 635 00:32:33,840 --> 00:32:34,440 Speaker 10: doing at the moment. 636 00:32:34,600 --> 00:32:38,920 Speaker 2: Good only, Cameron Bagri Independent Economists. These talks d be on. 637 00:32:38,800 --> 00:32:43,560 Speaker 1: Your radio and online on iHeartRadio early edition with Andrew 638 00:32:43,560 --> 00:32:48,480 Speaker 1: Dickens and one roof Make your Property Search Simple Youth Talks. 639 00:32:48,160 --> 00:32:50,880 Speaker 2: Said be ladies and gentlemen. Very good news. New Zealand's 640 00:32:50,880 --> 00:32:54,040 Speaker 2: just bet in South Africa by fifty runs. The handshakes 641 00:32:54,160 --> 00:32:55,360 Speaker 2: do belong to New Zealand. 642 00:32:55,360 --> 00:33:00,600 Speaker 7: Here they have won this semi final vote fifty year runs. 643 00:33:01,000 --> 00:33:01,840 Speaker 1: That will be the. 644 00:33:01,920 --> 00:33:06,280 Speaker 15: Third minor in the last six Icy Sea Whiteboard tournaments. 645 00:33:07,280 --> 00:33:09,520 Speaker 2: So it goes to Dubai. India has been playing all 646 00:33:09,560 --> 00:33:11,960 Speaker 2: their games in Dubai. They know that block inside out 647 00:33:12,120 --> 00:33:14,280 Speaker 2: we've played the months on that block we lost, so 648 00:33:14,320 --> 00:33:16,440 Speaker 2: that's not good. But how we're in the finals, so 649 00:33:16,480 --> 00:33:18,920 Speaker 2: that's good news. And make husking joints. 650 00:33:18,920 --> 00:33:21,200 Speaker 15: The hell suxists in life is about what's in your head, 651 00:33:21,280 --> 00:33:23,960 Speaker 15: not on the block. You play any block. If you 652 00:33:24,000 --> 00:33:25,720 Speaker 15: believe you're going to whin, you're going to win, as 653 00:33:25,720 --> 00:33:29,280 Speaker 15: simple as that. By the way, we're going to talk education, well, 654 00:33:29,520 --> 00:33:31,959 Speaker 15: Adrian or obviously, so the big thing seems to be 655 00:33:32,000 --> 00:33:35,080 Speaker 15: he's hosting a wazz is not now there's a big 656 00:33:35,080 --> 00:33:38,000 Speaker 15: get together of Reserve Bank type people. Bananki was remembered 657 00:33:38,200 --> 00:33:40,600 Speaker 15: in Baniki. He was his beer apparently, Yeah, he was 658 00:33:40,640 --> 00:33:43,320 Speaker 15: going to disguishing, So he's not going to be there anymore. 659 00:33:43,520 --> 00:33:46,480 Speaker 15: So he's clearly he's packed a massive sad and gone 660 00:33:46,560 --> 00:33:47,240 Speaker 15: and stormed out. 661 00:33:47,280 --> 00:33:48,719 Speaker 2: And there's a massive battle about funding. 662 00:33:48,880 --> 00:33:50,800 Speaker 15: And that says you, well, that'll be something to do 663 00:33:50,840 --> 00:33:52,880 Speaker 15: with it. But that says something about all, doesn't it 664 00:33:53,040 --> 00:33:55,440 Speaker 15: that you can't lead with a little bit of dignity. 665 00:33:55,240 --> 00:33:55,840 Speaker 7: Place or whatever. 666 00:33:56,520 --> 00:33:58,600 Speaker 15: So to look at this also the education. This morning 667 00:33:58,600 --> 00:34:01,320 Speaker 15: we're in classrooms like you'd never hear. And I thank 668 00:34:01,440 --> 00:34:08,160 Speaker 15: my producer Kimsey. My name is Andrew dickinsei tomorrow. 669 00:34:13,160 --> 00:34:16,120 Speaker 1: For more from Early Edition with Ryan Bridge. Listen live 670 00:34:16,239 --> 00:34:19,279 Speaker 1: to News Talks it Be from five am weekdays, or 671 00:34:19,320 --> 00:34:21,240 Speaker 1: follow the podcast on iHeartRadio