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Speaker 1: Pressing the newspakers to get the real story.

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Speaker 2: It's Francesca Runkan on Heather Duplicy Alan Drive with One

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Speaker 2: New Zealand.

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Speaker 1: Let's get connected, news folk.

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Speaker 3: Said, be.

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Speaker 4: Good evening, Welcome to Friday on Heather U Policy Alan Drive.

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Speaker 4: I'm Francesca Budkin filling in for Heather. Heather. We'll be

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Speaker 4: back with you on Monday. On the show Today, Energy

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Speaker 4: Minister Simeon Brown joins us to talk about how he

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Speaker 4: expects the Electricity Authority to get more competitive in an

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Speaker 4: effort to curb electricity prices. One New Zealand has been

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Speaker 4: given the go ahead to start testing their Starlink satellite

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Speaker 4: to mobile service Here in New Zealand. We find out

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Speaker 4: when it will be up and running and migration figures

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Speaker 4: they're not good here. We's are leaving in record numbers.

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Speaker 4: More on this after five Francesca so. In April last year,

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Speaker 4: it was announced New Zealand as living in Australia suddenly

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Speaker 4: afforded similar rights to Australians who live in New Zealand

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Speaker 4: when it comes to having a pathway to citizenship. The

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Speaker 4: change meant that from the first of July twenty twenty three,

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Speaker 4: New Zealanders who have lived in Aussie for four years

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Speaker 4: on temporary or special category visas and met the standard

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Speaker 4: Australian citizenship criteria, they could apply for citizenship. So kiwi's

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Speaker 4: who've been living in Australia since two thousand and one

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Speaker 4: could apply directly for citizenship without gaining permanent residency. First,

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Speaker 4: Kwei children born in Australia will become citizens at birth

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Speaker 4: rather than waiting till late turn ten. It was a

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Speaker 4: game changer for kiwi's already living in Australia, but the

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Speaker 4: question of whether it would contribute to a brain drain

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Speaker 4: like the one we saw in twenty eleven and twenty

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Speaker 4: twelve was yet to be seen. Yeah, So, today Stats

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Speaker 4: New Zealand released their provisional data for annual migration figures

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Speaker 4: for the year ending in August. Migrant arrivals were down

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Speaker 4: seventeen percent to one hundred and eighty eighty one hundred,

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Speaker 4: But the surprising figure in all this was the number

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Speaker 4: of migrant departures, which was up twoty seven percent to

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Speaker 4: one hundred and thirty four thousand. Out of those one

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Speaker 4: hundred and thirty four thousand departures, eighty one thousand, two

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Speaker 4: hundred of them were Kiwi citizens. That figure one hundred

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Speaker 4: and thirty four thousand, I think it was one hundred

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Speaker 4: and thirty four thousand, three hundred migrant departures is provisionally

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Speaker 4: the highest on record for an annual period. This is

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Speaker 4: not good news. So yeah, those new regulations in Australia

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Speaker 4: probably did have an impact, or at least act as

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Speaker 4: a tipping point that has sent some Kiwis on their way.

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Speaker 4: In the year ending March twenty twenty four, fifty three

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Speaker 4: percent of New Zealand citizen migrant departures were to Australia.

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Speaker 4: But of course they're not just heading off to Australia,

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Speaker 4: They're going everywhere post COVID. The pressure has been on

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Speaker 4: the Government of the day to convince people New Zealand

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Speaker 4: is a great place to live and work, not just

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Speaker 4: to keep talented Kiwis at home or encourage them to return,

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Speaker 4: but to attract the men any skilled workers we currently

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Speaker 4: need at a time when the rest of the world

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Speaker 4: is in pursuit of those same workers. This has not

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Speaker 4: been achieved. The net migration gain in the last year

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Speaker 4: to the end of August was fifty three eight hundred

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Speaker 4: it was down sharply on the gain of around just

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Speaker 4: over sixty seven thousand for the July year. Economists are

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Speaker 4: concerned this may lead to zero net migration next year,

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Speaker 4: which could impact the economy's actual and potential growth rates,

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Speaker 4: the balance of our labor market pressures expect, the tax take,

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Speaker 4: and of course the housing market. I don't know how

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Speaker 4: to convince someone who sees a better job, a better income,

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Speaker 4: a better lifestyle somewhere else to stay. Providing them with

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Speaker 4: the same or close opportunity here in New Zealand is

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Speaker 4: most likely the only solution to the discontent that has

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Speaker 4: settled over the country. But how likely is that? The

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Speaker 4: government is working hard to get this country back on track,

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Speaker 4: and it could hardly work faster. But it is going

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Speaker 4: to take time. I'll tell you what, though, the government

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Speaker 4: will be hoping this is as bad as these figures

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Speaker 4: get and a turnaround is on the horizon for those

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Speaker 4: of us still here. I certainly hope so, Francesca. So

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Speaker 4: we are going to be talking a little bit more

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Speaker 4: about these migration figures after five. I'd love to hear

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Speaker 4: from you if you've got a solution as how we

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Speaker 4: keep talented kiwis in this country, or we attract the

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Speaker 4: skilled workers. It seems we've kind of operated the leavers

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Speaker 4: that we can to bring in the people that we

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Speaker 4: need in things. But this is a really, really slippery slope,

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Speaker 4: and of course people are leaving because they are not

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Speaker 4: happy with the state of the economy. And if we

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Speaker 4: do not get this immigration situation sorted out, that economy

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Speaker 4: is going to struggle to grow. So keen to hear

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Speaker 4: your thoughts. You can text on ninety two ninety two.

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Speaker 1: Right.

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Speaker 4: Two months ago, Auckland appeared ready to change the rubbish

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Speaker 4: collection to a fortnightly service, but now counselors have voted

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Speaker 4: to trial the change in instead of implementing it or

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Speaker 4: retaining the weekly service. So Angela Dalton is counselor for

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Speaker 4: Manyoea Pupacorda a Ward and voted in support of the trial.

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Speaker 4: Angela joins me, now, good afternoon. Oh hang on, we're

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Speaker 4: just getting Angela. Yes she is. Hi, Angela, Hi, Francesca,

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Speaker 4: sorry about that. You support You supported the trial? Why

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Speaker 4: did you vote for it? What did you want to

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Speaker 4: see come out of it?

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Speaker 5: I think the trial is a really good opportunity to

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Speaker 5: test out how a fortnightly collection will go across Auckland,

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Speaker 5: so selecting parts of Auckland that can be measured as

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Speaker 5: to the success. I think the important thing for me

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Speaker 5: has been able to target the households who are struggling

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Speaker 5: with weekly collections and just find out why that is.

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Speaker 5: There's lots of alternatives for households that are struggling with

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Speaker 5: their rubbish collections. This will be a good time to

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Speaker 5: see what the issue is, what.

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Speaker 4: Kind of alternatives.

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Speaker 5: There's about fourteen options of different types of bin choices

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Speaker 5: for people. There's three different red lid bins. If people

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Speaker 5: need a bigger bin, because I'm saying it's a small

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Speaker 5: bin that's being propped open with the red lips propped

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Speaker 5: open with rubbish, you know that those people need a

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Speaker 5: bigger bin. Do they need toibins? Are they using the

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Speaker 5: recycling then? Do they need to food waste bins? So

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Speaker 5: there are options for people who are struggling if it

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Speaker 5: is just with the one red bin. I think getting

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Speaker 5: a closer look at that is going to be really

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Speaker 5: helpful through the trial process.

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Speaker 4: Do you think the community is ready for fortnightly collection.

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Speaker 5: No, they said they weren't. Having said that it was

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Speaker 5: pretty split, so fifty. You know, it's pretty split. So

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Speaker 5: half of Auckland does and half of Auckland doesn't. So

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Speaker 5: let's not not do it because half don't. Let's give

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Speaker 5: it a try and let's see if we can. You know,

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Speaker 5: if it will work. And this will not start until

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Speaker 5: twenty twenty six.

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Speaker 4: You know just what you've explained to me, then, Angela,

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Speaker 4: it makes so much makes me relax a little bit

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Speaker 4: more about the whole thing, because I'm probably one of

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Speaker 4: those Aucklanders who wasn't quite ready to go a fortnightly collection.

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Speaker 4: But the minute you say you know what, there can

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Speaker 4: be alternatives. You need to work out what you need.

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Speaker 4: You might need a bigger bin or two pins, so

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Speaker 4: there are those options. Does it change what we would

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Speaker 4: then pay in your rates or would it still be

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Speaker 4: a set fee?

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Speaker 5: Well, the different bins come at a different cost per

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Speaker 5: a year. I think what we could do, and I'm

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Speaker 5: not probably we're going to do this, but I think

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Speaker 5: what we could and should do is upgrade that then

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Speaker 5: at no cost, because at the moment it would cost

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Speaker 5: forty dollars for someone to upgrade their bin. So let's

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Speaker 5: see if we can just get that bin to them

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Speaker 5: for free. And the variance across Auckland. We do have

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Speaker 5: people contacting us at want a monthly collection, to the

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Speaker 5: point where it's something we want to seriously look at.

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Speaker 5: Where we do have people that do only need a

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Speaker 5: four weekly collection and that will be our rates decrease

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Speaker 5: for them. And I think we need to meet the

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Speaker 5: needs of all Aucklanders and this the trial, I think

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Speaker 5: is really going to help us home and on what

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Speaker 5: that is.

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Speaker 4: And I'd like to thank the elderly ladies who live

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Speaker 4: next to me Angela, who very sweetly occasionally tell me

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Speaker 4: that I can use their empty bin. There we go,

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Speaker 4: and that's what happens. Right. You can have one person

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Speaker 4: living alone, then you can have a family of eight,

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Speaker 4: you know, so it is quite different. We should be

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Speaker 4: we should be making sure we cater to everybody fairly.

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Speaker 4: I feel like we're going to need some education on

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Speaker 4: rubbish sorting before we just take the collection away, because

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Speaker 4: I wonder whether people if they go, Okay, I've got

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Speaker 4: this red bin, it's every two weeks, I'm just going

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Speaker 4: to put a little bit more stuff in recycle linger I'm.

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Speaker 5: Going to Okay, Yeah, that's what happens. But we're some

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Speaker 5: amazing local community organizations. I've got one out my way

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Speaker 5: called Talking Trash and they work with those families and

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Speaker 5: those households and they soon get them sorting out the

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Speaker 5: you know, their recycling from their waste, redbin waste and

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Speaker 5: their food waste. So it is you're absolutely right, it's

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Speaker 5: about education. I'm not the best in myself. Don't hold

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Speaker 5: me up as a model recycler, but you know I

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Speaker 5: do my bit, and that's the big thing with what

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Speaker 5: we're trying to do. We're in the twelfth year of

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Speaker 5: our waste plan waste management plan to achieve the targets

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Speaker 5: set by central government, so it's not council coming up

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Speaker 5: with a great idea out of the ear. We have

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Speaker 5: transitioned our way here. So part of that was implementing

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Speaker 5: the community recycling centers. That's been a huge game danger

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Speaker 5: for communities in terms of their recycling. We did take

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Speaker 5: away for an organic in the streets to make it

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Speaker 5: on within the household area. And there also has been

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Speaker 5: a big change in terms of making sure that we're

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Speaker 5: getting the right rubbish through the right recycling places. So

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Speaker 5: lots of steps and fortnightly rubbish collections for the next

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Speaker 5: cave off the rank didn't fly, so let's go with

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Speaker 5: a trial and see if we can get that.

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Speaker 4: Yeah, it sounds like a good idea. Angela, thank you

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Speaker 4: so much for your time. That was all COLLINGD counselor

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Speaker 4: Angela Dalton. You know, look, I've got my worms are

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Speaker 4: compost I'm very good at recycling. But there was just

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Speaker 4: there's just something about when someone mentions fortnightly rubbish collections.

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Speaker 4: I just bristle and I'm just like, I just know

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Speaker 4: that it's too hard, and I'm going to be really

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Speaker 4: honest it is. It's just too hard. I'm being pathetic.

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Speaker 4: But then you hear Angela and you say, we look,

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Speaker 4: we're going to make sure there's lots of options for people.

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Speaker 4: We're not going to let We're not going to say

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Speaker 4: to you you have to just stick with your little

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Speaker 4: bin for two weeks. There are options. So then I

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Speaker 4: just calm down again. Gay to hear from you on

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Speaker 4: this ninety two ninety two is the text Stas and

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Speaker 4: Pine is next talking sport. It is eighteen past four.

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Speaker 2: Digging deeper into the day's headlines, It's hither Duper c

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Speaker 2: Allen Drive with one New Zealand one Giant leap for business,

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Speaker 2: US dogs at b Sport with tab get your bed

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Speaker 2: on our eighteen bed responsibly.

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Speaker 4: And Jason Pine is with us now host of Weekend

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Speaker 4: Sport on Satday and Sunday. How are you doing.

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Speaker 6: I'm doing well, Francesca.

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Speaker 1: Thank you.

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Speaker 4: Have I confused you by talking to you on a

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Speaker 4: Friday evening and not on a Sunday morning.

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Speaker 1: I'm a lot of it.

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Speaker 6: Yeah, normally I've got a pair of shorts on. I've

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Speaker 6: actually got some longs on at the moment, you know,

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Speaker 6: being a Friday and everything. Ah yeah, bit old, isn't it?

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Speaker 6: You and I speaking on a Friday afternoon, But here

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Speaker 6: we are.

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Speaker 4: I think I didn't realize that you didn't dress formally

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Speaker 4: for me in the weekend. Anyway, America's Cap is underway.

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Speaker 4: I am actually really excited, to be honest. IVE pretty

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Speaker 4: much ignored the tournament, the regatta up till now. But

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Speaker 4: we're at the pointy end and I'm really hoping these

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Speaker 4: races are close and exciting and I'm all in.

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Speaker 6: I think you've spoken for most of us. I think

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Speaker 6: that basically sums up how we all feel. It's kind

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Speaker 6: of hard to get invested in it when it's a

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Speaker 6: in the middle of the night and B we're not

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Speaker 6: in it yet. But now that we are in it

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Speaker 6: and the actual America's Cup race itself or races plural,

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Speaker 6: have arrived, I think there'll be a much greater investment.

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Speaker 6: The one o'clock in the morning thing is still nigli

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Speaker 6: to a lot of people that you know, most people

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Speaker 6: are doing other things at that time, most notably sleeping.

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Speaker 6: So it's I think a lot of people may wake

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Speaker 6: up in the morning and check how it went. But

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Speaker 6: as it goes, and if it's tight, like you say,

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Speaker 6: and if it's exciting racing, then I think people will

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Speaker 6: be setting their arms and maybe getting up and having

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Speaker 6: a look at it during during the nocturnal hours. Yeah,

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Speaker 6: I think there's still a school of thought that we

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Speaker 6: shouldn't be defending offshore, but that ship has probably sailed,

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Speaker 6: if that's the right thing to say.

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Speaker 3: So.

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Speaker 6: Yeah, but I think, you know, you think back to

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Speaker 6: the previous America's Cup campaigns and we've got right in

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Speaker 6: behind them. Let's hope it's the same with this one.

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Speaker 6: But I'm I'm not entirely sure that it will be.

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Speaker 4: I think it is time to sort of put aside

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Speaker 4: where it's hold, how it's run all that. Now it's

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Speaker 4: you know, it's okay, you're allowed to be sort of

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Speaker 4: late to the party, but you're going to skip behind

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Speaker 4: the team.

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Speaker 7: Zell.

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Speaker 4: My teenagers have this belief that there is no point

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Speaker 4: watching sport unless you watch it live. That is the

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Speaker 4: whole point it is to watch it life knowing it

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Speaker 4: has happened right then and there, which I mean, I

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Speaker 4: take a much more sensible approach to these things. I

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Speaker 4: will not be getting up at one o'clock in the morning.

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Speaker 4: I'm more than happy to get up at wake up

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Speaker 4: at seven, not look at my phone.

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Speaker 8: You know.

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Speaker 6: So you're gonna try and what You're gonna watch it

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Speaker 6: without knowing the results. And I'm with your teenagers. I

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Speaker 6: can't do that either. I just because I know, I

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Speaker 6: know that it's not happening right then and there, and

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Speaker 6: if I wanted to, I could check my phone and

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Speaker 6: find out what was going on. But look, I respect

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Speaker 6: the you know, the the compromise you make on your

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Speaker 6: sleeping patterns and things like that, but I'm a bit

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Speaker 6: the same. If I'm gonna watch it, I'll watch it live.

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Speaker 6: It's a bit like rate your test you know, yeah,

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Speaker 6: I can.

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Speaker 4: It just frustrates me. I'm like, no, no, no, let's all

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Speaker 4: watch it together. We'll just pre record. It's in the

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Speaker 4: middle of the night watching football and Formula One and

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Speaker 4: I'm just like, I don't get it. Just don't look

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Speaker 4: at your phone, get up, turn it on, watch the

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Speaker 4: replay off.

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Speaker 8: You go.

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Speaker 6: Well, if any of my kids, if my kids are

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Speaker 6: anything to go by, they won't be paying any attention

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Speaker 6: to you, so you know, they'll probably just do what

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Speaker 6: they do.

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Speaker 4: MPC quarter finals are underway. The sevening Wellington for his

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Speaker 4: counties YEP.

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Speaker 6: Wellington County is the first of four quarter finals. The

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Speaker 6: home side should win. Wellington Bay have plenty Tallannucky and

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Speaker 6: Tasman over the next three days. If there is an upset,

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Speaker 6: it might even come tonight. Counties Manecow beat Wellington a

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Speaker 6: couple of weeks ago by fifty points. Maybe that was

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Speaker 6: an aberration. I don't know. Camroy Guard will play for

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Speaker 6: Counties Manicout tonight and t J Peninada will play his

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Speaker 6: final final final game on New Zealand soil when he

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Speaker 6: starts for Wellington, so the two half backs are kind

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Speaker 6: of front and centers. Tonight, I think Wellington should win,

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Speaker 6: but if there is an upset there it may come

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Speaker 6: tonight at sky Stadium.

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Speaker 4: Thank you so much, Piney, I look forward to talking

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Speaker 4: to you on Sunday. Jason Pine of course's host of

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Speaker 4: Weekend Sports sat Down and Sunday kicking off at mid day.

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Speaker 4: It is twenty four past four. News Talks b.

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Speaker 2: Francesca Ruggins cutting through the noise to get the facts.

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Speaker 2: It's Francesca Ruggins on Heather due to see allan drive

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Speaker 2: with one New Zealand.

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Speaker 1: Let's get connected and news talk as that'd be.

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Speaker 4: Thank you very much for your feedback, A lot of

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Speaker 4: feedback about the rubbish, Hi Francesca. Hmmm, So if I

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Speaker 4: don't my rubbish in the bush, I can apply for

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Speaker 4: rate reductions if I'm not using the service. Can a

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Speaker 4: worms methinks, says Allie talk about reinventing the wheel. Western

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Speaker 4: Bay have plenty rubbish bins are pay as you use,

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Speaker 4: your purchase your tags. I've seen a massive reduction in

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Speaker 4: red bins out the Old Lady across the road will

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Speaker 4: be once a month. Rubbish trucks take a quarter of

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Speaker 4: the time to a suburb. Francisca, I do not believe

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Speaker 4: that half of Auckland want fortnightly collections. Also, does it

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Speaker 4: mean a reduction in our rates? Yes, the different sized

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Speaker 4: bins will make a difference. Stupid idea. All these options

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Speaker 4: just end up accosting us money. Like the food scrap bin.

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Speaker 4: I didn't want it, I haven't in syncorator, but I

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Speaker 4: still have to pay for it, and there's no way

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Speaker 4: we pay enough rates and they need to do their job.

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Speaker 4: My bill bin is full every week and I want

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Speaker 4: it collected. End of seems to be the general consensus

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Speaker 4: coming through there. Thank you so much for that. And

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Speaker 4: just one more here, Francisca, for heaven's sake, do not

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Speaker 4: lump everyone in the same box. We are not all

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Speaker 4: feeling like that. Regarding the America's Cup. Get that through

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Speaker 4: Piney and your head. Some of us have been following

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Speaker 4: it for four years. Intimately, that was from Davo. I

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Speaker 4: hear you, Devo. Apologies just putting the majority in the box.

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Speaker 4: Minority on the outside.

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Speaker 1: News Talk hard questions, strong opinion.

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Speaker 2: Francesca Runkin on Heather Duplessy Alan Drive with one New

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Speaker 2: Zealand Let's get connected.

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Speaker 1: News talk z by on the dover Side whiskey. They nummi.

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Speaker 1: There's a party downtown.

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Speaker 2: Your fair stream everybody had binde.

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Speaker 4: You're with news Talks. It'd be good to have you

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Speaker 4: with us. There is this horrible story coming out of

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Speaker 4: the US. One person has been killed and a dozen

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Speaker 4: rescued after a lift malfunctioned at a gold mine tourist attraction.

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Speaker 4: I mean, this is the kind of thing I just

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Speaker 4: one of my biggest fears. I were trapped about three

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Speaker 4: hundred meters underground. Anyway, we're going to go to the

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Speaker 4: U e. S shortly and get more on the story.

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Speaker 4: It is twenty three to five.

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Speaker 1: It's the world wires on news Talks. It'd be drive.

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Speaker 4: Starting in the Middle East, where Israel's security cabinet has

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Speaker 4: met to discuss retaliations to Iran. Here's former Israeli Prime Minister,

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Speaker 4: that's Halle Bennett.

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Speaker 9: I believe that Israel should strike Iran's nuclear program and

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Speaker 9: strike regime centers.

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Speaker 1: And I'll explain why.

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Speaker 9: The ultimate strategy that I believe that the world should

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Speaker 9: have is to not allow to Iran acquire a nuclear weapon.

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Speaker 1: Ever, and how do you do it?

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Speaker 9: By accelerating the toppling of the regime, it will fall.

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Speaker 4: The cleanup has begun in Florida following Hurricane Milton, with

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Speaker 4: the storm not being.

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Speaker 10: As bad as What we can say is the storm

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Speaker 10: was significant, but thankfully this was not the worst case scenario.

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Speaker 10: The storm did weaken before landfall, and the storm surge,

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Speaker 10: as initially reported, has not been as significant overall as

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Speaker 10: what was observed for Hurricane Helene.

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Speaker 4: That was rond Decantis. There some locals tufted out overnight.

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Speaker 6: Daylight brought us of fatalities, but there was good news

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Speaker 6: on Tampa Bay.

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Speaker 4: Good morning, you made it.

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Speaker 6: We'd spoken to Joseph Malinovski, who defied advice to evacuate

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Speaker 6: and stayed on his bolt.

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Speaker 11: He made it through the night.

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Speaker 12: Scary, No, no was I just sat here.

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Speaker 11: I watched TikTok all night.

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Speaker 4: Donald Trump has been talking economics in Detroit, on the

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Speaker 4: campaign trial and.

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Speaker 1: More complaints on grocery. The word grocery, you know, it's

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Speaker 1: sort of simple.

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Speaker 13: Word, but so it means like everything you eat the

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Speaker 13: stomach is speaking.

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Speaker 4: It always does.

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Speaker 14: And I have more complaints about that bacon and things

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Speaker 14: going up double triple, quadruple.

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Speaker 4: Meanwhile, Obama has been out campaigning against Trump.

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Speaker 7: And most recently a Trump Bible. He wants it by

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Speaker 7: the Word of God, Donald Trump Edition. He got his

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Speaker 7: name right there next to Matthew and Low. You could

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Speaker 7: not make this stuff up.

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Speaker 4: It's crazy and it's Friday. And finally, the Las Vegas

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Speaker 4: man spent only twenty three hours going up and down

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Speaker 4: the stairs in his home to break the Guinness Worlf

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Speaker 4: record for the fastest time to ascend and descend the

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Speaker 4: height of Mount Everest on stairs. Sean Greasley had to

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Speaker 4: climb and descend a distance of twenty nine and thirty

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Speaker 4: one feet on the stairs in his home to match

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Speaker 4: the height of the world's tallest mountain.

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Speaker 2: International correspondence with Ends and Eye Insurance, Peace of mind

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Speaker 2: for New Zealand business and joining.

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Speaker 4: Me out out of the US is Charles Field.

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Speaker 14: Good afternoon, Charles, Good afternoon, Francesca.

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Speaker 4: Tell me about the clean up it is on in Florida,

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Speaker 4: of course after Hurricane Milton.

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Speaker 14: Yeah, you know, as we just heard. Fortunately it wasn't

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Speaker 14: as dire situation as a lot of the folks that

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Speaker 14: were looking at this before it struck Florida were predicting.

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Speaker 14: And that's a good thing. But having said that, it

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Speaker 14: did cause quite a mess as it sort of marched

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Speaker 14: through you know, that part of Florida near the Gulf Coast.

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Speaker 14: Most of the damage was because of flooding, although there

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Speaker 14: was an expected surge in the Tampa Bay area that

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Speaker 14: did not happen. Fortunately that would have been absolutely catastrophic.

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Speaker 14: But there were nonetheless flooding in some other areas as

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Speaker 14: the hurricane diminished in strength, but again, you know, moved

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Speaker 14: through Florida and eventually exited at the Atlantic Ocean. There

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Speaker 14: were some deaths, unfortunately, not as many as initially feared,

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Speaker 14: and interestingly, most of them on the east coast of Florida,

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Speaker 14: and because of tornadoes, tornadoes that were formed as the

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Speaker 14: hurricane was actually approaching the west coast of Florida. So

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Speaker 14: that is what ended up happening. The Governor of Florida

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Speaker 14: has said, you know that it is not as bad

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Speaker 14: a situation as they hope, but nonetheless it is going

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Speaker 14: to take quite some time to get homes rebuilt, to

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Speaker 14: get the water, you know, back to normal levels. Some

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Speaker 14: three million plus residents, i should point out in that

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Speaker 14: state are still without electrical power because the electric lines,

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Speaker 14: of course were knocked down by either the winds or

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Speaker 14: because of the floods.

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Speaker 4: Charles Biden has lashed out at Trump's response to the hurricanes.

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Speaker 14: Yes, he has, I mean former President Trump has been

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Speaker 14: saying untruthfully. I should add that FEMA money. FEMA is

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Speaker 14: the federal agency here that basically supplies the personnel and

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Speaker 14: the money to help people in catastrophic situations like floods, hurricanes, earthquakes,

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Speaker 14: that sort of thing. Trump has been claiming that money

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Speaker 14: that should have gone to help people from this hurricane

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Speaker 14: Milton and the one that struck that area only a

439
00:22:22,520 --> 00:22:26,320
Speaker 14: couple of weeks back, lean that that money had been

440
00:22:26,359 --> 00:22:30,400
Speaker 14: diverted and it was being given to illegal immigrants. None

441
00:22:30,440 --> 00:22:32,760
Speaker 14: of that is true, by the way, And in fact,

442
00:22:33,760 --> 00:22:36,720
Speaker 14: there is money that's given to people who are immigrants

443
00:22:36,760 --> 00:22:39,480
Speaker 14: coming into the US, but it's this totally different pool

444
00:22:39,480 --> 00:22:42,280
Speaker 14: of money, so it had nothing to do with the

445
00:22:42,320 --> 00:22:46,160
Speaker 14: pot that's available to help people citizens when they have

446
00:22:46,320 --> 00:22:52,560
Speaker 14: catastrophic occurrences. So to sort of counter these untruths that

447
00:22:52,920 --> 00:22:56,680
Speaker 14: mister Trump has been saying at his campaign rallies, yeah,

448
00:22:56,720 --> 00:22:59,399
Speaker 14: Biden has said that that kind of talk is not helpful,

449
00:22:59,440 --> 00:23:05,000
Speaker 14: that it's patriotic, and at one point, I believe said

450
00:23:05,359 --> 00:23:08,760
Speaker 14: of Trump that he should get a life child.

451
00:23:08,880 --> 00:23:13,280
Speaker 4: Some good news in Colorado, where there's been this terrible

452
00:23:13,320 --> 00:23:15,760
Speaker 4: accident at a former gold mine that is now a

453
00:23:15,800 --> 00:23:16,520
Speaker 4: tourist attraction.

454
00:23:17,840 --> 00:23:22,760
Speaker 14: Yeah, there were twelve people who were just actually within

455
00:23:22,800 --> 00:23:27,199
Speaker 14: the past hour or so, rescued from that elevator. And

456
00:23:27,680 --> 00:23:30,080
Speaker 14: you're right, a lot of people may be baffled by

457
00:23:30,119 --> 00:23:33,160
Speaker 14: why people would be in an elevator one thousand feet

458
00:23:33,240 --> 00:23:35,399
Speaker 14: beneath the surface of the earth. And the reason is

459
00:23:35,920 --> 00:23:39,520
Speaker 14: that Colorado, the state of Colorado, is dotted with these

460
00:23:39,560 --> 00:23:44,520
Speaker 14: abandoned gold mines, most of which were founded back in

461
00:23:44,560 --> 00:23:47,119
Speaker 14: the eighteen hundreds. Well, of course, now what do you

462
00:23:47,200 --> 00:23:49,600
Speaker 14: do with an abandoned gold mine, Well you turn it

463
00:23:49,640 --> 00:23:52,680
Speaker 14: into a tourist attraction, and this was one of them.

464
00:23:52,800 --> 00:23:56,240
Speaker 14: People go for a one hour tour. Something happened to

465
00:23:56,280 --> 00:23:59,920
Speaker 14: that elevator. It is still unclear what exactly the neat

466
00:24:00,080 --> 00:24:06,080
Speaker 14: true that the incident was, except that for several hours,

467
00:24:06,080 --> 00:24:10,240
Speaker 14: about twelve people were trapped. One person unfortunately died as

468
00:24:10,280 --> 00:24:14,840
Speaker 14: a result of this incident. But as you correctly point out,

469
00:24:15,040 --> 00:24:19,919
Speaker 14: now everybody is back on the surface. And my understanding

470
00:24:20,040 --> 00:24:24,040
Speaker 14: is that we're given a reward, if you want to

471
00:24:24,080 --> 00:24:26,240
Speaker 14: call it, that of pizza.

472
00:24:27,480 --> 00:24:29,240
Speaker 4: As you do just what you want, have to be

473
00:24:29,320 --> 00:24:33,000
Speaker 4: trapped underground exactly you want a pizza. Thank you so much, Charles.

474
00:24:33,000 --> 00:24:35,400
Speaker 4: Really nice to talk to you. That was our US correspondent.

475
00:24:35,560 --> 00:24:38,000
Speaker 4: Up next politics, it's quarter to five.

476
00:24:38,280 --> 00:24:42,480
Speaker 2: Politics with Centrics Credit, check your customers and get payments certainty.

477
00:24:42,800 --> 00:24:45,520
Speaker 4: And joining us now from Lasos. Sophie Trigger, senior political

478
00:24:45,560 --> 00:24:49,000
Speaker 4: reporter from News Talk Seed. They good afternoon, Sophie.

479
00:24:49,240 --> 00:24:50,960
Speaker 11: Jorda Francesca, how are you good?

480
00:24:51,000 --> 00:24:53,600
Speaker 4: Thanks? What have been the highlights of this very busy

481
00:24:53,640 --> 00:24:54,960
Speaker 4: trip that the Prime Minister has had.

482
00:24:56,920 --> 00:25:00,040
Speaker 15: It's been an absolute whirlwind thirty six hours or so

483
00:25:00,200 --> 00:25:02,840
Speaker 15: we've had here in Laos with the Prime Minister meeting

484
00:25:02,920 --> 00:25:06,520
Speaker 15: a number of world leaders, including that all important meeting

485
00:25:06,720 --> 00:25:09,920
Speaker 15: with Indian Prime Minister or Andro Moody, which I spoke

486
00:25:09,960 --> 00:25:12,959
Speaker 15: about yesterday, and that took place in the early hours

487
00:25:12,960 --> 00:25:15,680
Speaker 15: of this morning New Zealand time. It was a warm

488
00:25:15,720 --> 00:25:18,119
Speaker 15: exchange between the pair. I was in the room for

489
00:25:18,160 --> 00:25:21,320
Speaker 15: the opening remarks and Mody spoke to Luxen through a

490
00:25:21,320 --> 00:25:23,920
Speaker 15: translator saying it was a pleasure to finally meet him

491
00:25:24,160 --> 00:25:27,280
Speaker 15: and talk through some important issues, and he later invited

492
00:25:27,400 --> 00:25:30,760
Speaker 15: Luxon to visit him in India, a visit that, as

493
00:25:30,800 --> 00:25:33,959
Speaker 15: we discuss, would be critical to Luckson's goal of a

494
00:25:34,000 --> 00:25:38,359
Speaker 15: free trade agreement this term. Luxon said he and Mody

495
00:25:38,440 --> 00:25:41,879
Speaker 15: did actually discuss a free trade agreement in this meeting,

496
00:25:42,119 --> 00:25:46,240
Speaker 15: and he said Mody was keen to progress trade connections further.

497
00:25:47,080 --> 00:25:50,119
Speaker 15: The pair appeared quite close at last night's gala dinner,

498
00:25:50,520 --> 00:25:53,760
Speaker 15: and Luxon made a bit of a beeline for Mody

499
00:25:53,840 --> 00:25:57,000
Speaker 15: at the East Asia Summit, which began about an hour ago.

500
00:25:57,200 --> 00:26:01,040
Speaker 15: So Luson says there actually is quite warm and genuine

501
00:26:01,119 --> 00:26:05,240
Speaker 15: connection between the pair. Now, there was also another really

502
00:26:05,240 --> 00:26:08,800
Speaker 15: interesting first time meeting ahead of this sit down with Mody.

503
00:26:09,119 --> 00:26:12,920
Speaker 15: This one slightly more impromptu, was a handshake between Chris

504
00:26:13,040 --> 00:26:18,760
Speaker 15: Lukhin and new Japanese Prime Minister Shigeru Shiba, and Luxon

505
00:26:18,800 --> 00:26:23,719
Speaker 15: shukar Shiba's hand and congratulated him on recently becoming prime minister.

506
00:26:25,920 --> 00:26:28,840
Speaker 4: What's on the agenda for the summit meeting tonight.

507
00:26:29,359 --> 00:26:33,199
Speaker 15: Yeah, so that's happening as we speak, Francesca. Obviously, the

508
00:26:33,240 --> 00:26:35,840
Speaker 15: East Asia Summit is the reason we are all here

509
00:26:35,880 --> 00:26:38,919
Speaker 15: in Laos this week, and it's a really significant international

510
00:26:38,960 --> 00:26:43,359
Speaker 15: forum because, aside from the Asian partners who convened the summit.

511
00:26:43,920 --> 00:26:47,120
Speaker 15: There are quite a lot of major world powers here

512
00:26:47,160 --> 00:26:51,159
Speaker 15: as well, the US, China, Russia, India, And speaking to

513
00:26:51,240 --> 00:26:55,200
Speaker 15: Luxon earlier today, he says regional security will be really

514
00:26:55,320 --> 00:26:58,640
Speaker 15: high on the agenda, and he spoke about how connected

515
00:26:58,680 --> 00:27:02,000
Speaker 15: this is as well to New Zealand trade relationships. There

516
00:27:02,000 --> 00:27:05,600
Speaker 15: are tensions in the disputed era of the South China

517
00:27:05,680 --> 00:27:09,280
Speaker 15: Sea for example, not to mention worries around North Korea's

518
00:27:09,320 --> 00:27:13,280
Speaker 15: nuclear and ballistic missile program, and conflict in this region

519
00:27:13,400 --> 00:27:17,680
Speaker 15: would have the potential to seriously disrupt, disrupt trade routes

520
00:27:17,720 --> 00:27:20,320
Speaker 15: that are really important to New Zealand. So this makes

521
00:27:20,760 --> 00:27:24,000
Speaker 15: peace in the region not only critical for reasons of security,

522
00:27:24,040 --> 00:27:28,040
Speaker 15: but also for economic reasons. So, as I mentioned, this

523
00:27:28,200 --> 00:27:30,560
Speaker 15: meeting is taking place as we speak, and will be

524
00:27:30,640 --> 00:27:33,800
Speaker 15: interested to perhaps here a bit from lux And afterwards

525
00:27:33,840 --> 00:27:35,560
Speaker 15: about what might have been raised.

526
00:27:35,640 --> 00:27:37,200
Speaker 4: And Sophie Win, does the summit wrap up?

527
00:27:38,520 --> 00:27:38,840
Speaker 11: It should?

528
00:27:38,920 --> 00:27:42,200
Speaker 15: It should be wrapping up within within a few hours, right, Well,

529
00:27:42,800 --> 00:27:45,040
Speaker 15: wheels off home to home to New Zealand.

530
00:27:45,080 --> 00:27:48,840
Speaker 4: Shortly Thikidoki and look talking about hitting back home. Immigration

531
00:27:48,960 --> 00:27:53,160
Speaker 4: numbers out today they're pretty grim. What's the government's response been, yeah,

532
00:27:53,160 --> 00:27:53,760
Speaker 4: that's right.

533
00:27:54,400 --> 00:27:56,520
Speaker 15: The numbers that have come out today show that more

534
00:27:56,560 --> 00:27:59,520
Speaker 15: people are moving out of New Zealand than ever before.

535
00:27:59,840 --> 00:28:01,960
Speaker 15: I think it was an annual net migration gain of

536
00:28:02,000 --> 00:28:04,880
Speaker 15: nearly fifty four thousand people in the year to August.

537
00:28:06,000 --> 00:28:10,120
Speaker 15: So definitely not what the government will be wanting. And

538
00:28:10,520 --> 00:28:12,960
Speaker 15: when we spoke to Chris Luxon about this, he says

539
00:28:13,280 --> 00:28:15,760
Speaker 15: he is trying to build the kind of New Zealand

540
00:28:15,800 --> 00:28:18,480
Speaker 15: where people see a future for themselves and their kids,

541
00:28:18,840 --> 00:28:22,159
Speaker 15: growing the economy and providing better public services.

542
00:28:22,440 --> 00:28:24,240
Speaker 4: And he also says a big part.

543
00:28:24,040 --> 00:28:27,200
Speaker 15: Of growing the economy and making New Zealand a better

544
00:28:27,240 --> 00:28:31,200
Speaker 15: place to be long term is harnessing those international ties

545
00:28:31,800 --> 00:28:35,040
Speaker 15: establishing strong trade links, which is part of what he's

546
00:28:35,080 --> 00:28:38,800
Speaker 15: doing here in Southeast Asia this week, and he also

547
00:28:38,800 --> 00:28:41,280
Speaker 15: talked a bit about this when addressing the Business and

548
00:28:41,400 --> 00:28:45,120
Speaker 15: Investment Summit last night, where he made a keynote address.

549
00:28:45,720 --> 00:28:48,760
Speaker 15: Luxon spoke about promoting New Zealand is a great place

550
00:28:48,800 --> 00:28:51,080
Speaker 15: to work and travel, as well as putting out a

551
00:28:51,080 --> 00:28:54,640
Speaker 15: bit of a call for investors to perhaps consider New

552
00:28:54,720 --> 00:28:56,440
Speaker 15: Zealand for their next ventures.

553
00:28:57,240 --> 00:29:00,720
Speaker 4: Might take a bit more than that, though, Sophie.

554
00:29:00,400 --> 00:29:01,560
Speaker 1: That's true, that's true.

555
00:29:01,560 --> 00:29:06,800
Speaker 15: But yeah, Luxon says that he's very focused on he

556
00:29:06,880 --> 00:29:10,160
Speaker 15: believes we'll keep people in New Zealand and building the

557
00:29:10,240 --> 00:29:15,280
Speaker 15: economy and sort of bolstering those public services. He says

558
00:29:15,360 --> 00:29:18,480
Speaker 15: other things that the government's doing to keep more people

559
00:29:18,480 --> 00:29:21,160
Speaker 15: in New Zealand. So we'll have to wait and see

560
00:29:21,200 --> 00:29:24,120
Speaker 15: as to you know, if these numbers start to turn

561
00:29:24,160 --> 00:29:25,280
Speaker 15: around in the coming years.

562
00:29:25,720 --> 00:29:27,840
Speaker 4: Sophie, thank you very much for your time today. That

563
00:29:27,920 --> 00:29:30,600
Speaker 4: was Sophie trigger us seeing a political reporter from Newst

564
00:29:30,720 --> 00:29:32,840
Speaker 4: CB in Laos. It is eight to.

565
00:29:32,880 --> 00:29:37,000
Speaker 2: Five, putting the tough questions to the newspeakers, the mic

566
00:29:37,080 --> 00:29:38,280
Speaker 2: asking breakfast.

567
00:29:37,960 --> 00:29:40,160
Speaker 13: Crown account numbers remind us it's all still a mess.

568
00:29:40,160 --> 00:29:42,040
Speaker 13: The deficit blew out to twelve point nine big and

569
00:29:42,080 --> 00:29:45,040
Speaker 13: former Finance Minister Stephen Joyce's whether us two point before that,

570
00:29:45,120 --> 00:29:47,800
Speaker 13: Nicholas sheckled herself whethers she asked for trouble on that

571
00:29:47,840 --> 00:29:50,240
Speaker 13: Given it's already spent and we're not even into next year.

572
00:29:50,120 --> 00:29:52,040
Speaker 3: It's going to be very tough. And I heard the

573
00:29:52,160 --> 00:29:54,360
Speaker 3: fee to you guy saying that's terrible. You know, we

574
00:29:54,400 --> 00:29:57,600
Speaker 3: shouldn't have cut theories. I shouldn't pretty calculated than even hospital.

575
00:29:57,720 --> 00:30:00,480
Speaker 3: But there's a reason for mess because you've doube debt

576
00:30:00,680 --> 00:30:03,880
Speaker 3: in six years and now you're running a deficit of

577
00:30:03,880 --> 00:30:06,640
Speaker 3: twelve point nine billion. The answer to his question is, well,

578
00:30:06,680 --> 00:30:08,520
Speaker 3: you should have got your mate Graham to be under

579
00:30:08,600 --> 00:30:11,040
Speaker 3: much greater control three or four years ago, and maybe

580
00:30:11,080 --> 00:30:13,400
Speaker 3: we wouldn't be having to make these sorts of decisions.

581
00:30:13,440 --> 00:30:16,480
Speaker 13: Back Monday, from six am, the Mike asking Breakfast with

582
00:30:16,520 --> 00:30:18,400
Speaker 13: the rain drove of the lawn News talk.

583
00:30:18,280 --> 00:30:22,480
Speaker 4: ZB thank you for your feedback. West Auckland has paid

584
00:30:22,520 --> 00:30:25,000
Speaker 4: for rubbish tags for about five years now. Five dollars

585
00:30:25,040 --> 00:30:27,120
Speaker 4: every time we put the rubbish bin out. Clearly makes

586
00:30:27,160 --> 00:30:29,719
Speaker 4: me more thoughtful about the rubbish we create. And I'll

587
00:30:29,720 --> 00:30:31,640
Speaker 4: tell you what. If we're going to do user pays,

588
00:30:31,720 --> 00:30:34,080
Speaker 4: that is a way too. You know, if the user

589
00:30:34,120 --> 00:30:37,160
Speaker 4: pays is more obvious, it will make you think differently,

590
00:30:37,200 --> 00:30:40,640
Speaker 4: won't it. Mike was very kind and complimented on how

591
00:30:40,680 --> 00:30:43,840
Speaker 4: refreshing it was that I managed to make an interview

592
00:30:43,880 --> 00:30:46,600
Speaker 4: about rubbish collection interesting and positive. I'm going to be

593
00:30:46,600 --> 00:30:48,720
Speaker 4: really honest with you, Mike. I came into that quite frustrated,

594
00:30:49,240 --> 00:30:51,680
Speaker 4: as you might have gathered, I really like a lot

595
00:30:51,720 --> 00:30:54,800
Speaker 4: of people was just leave the rubbish alone, just leave

596
00:30:54,840 --> 00:30:56,959
Speaker 4: it how it is, don't mess with it. And then

597
00:30:57,000 --> 00:30:58,960
Speaker 4: Angela came along and she was sort of quite practical

598
00:30:58,960 --> 00:31:01,200
Speaker 4: about it, and it kind of burst bubble, which meant

599
00:31:01,200 --> 00:31:03,160
Speaker 4: that I had to be rational about it as well.

600
00:31:04,000 --> 00:31:06,560
Speaker 4: You know, if you've got options, why not. And yes,

601
00:31:06,640 --> 00:31:08,360
Speaker 4: I know we have to take these next steps and

602
00:31:08,440 --> 00:31:10,640
Speaker 4: kind of move forward and everything, but you know, if

603
00:31:10,640 --> 00:31:12,600
Speaker 4: they make it easy for me, then I'll probably get

604
00:31:12,640 --> 00:31:15,840
Speaker 4: on board. And another text tier Francisca, why would skilled

605
00:31:15,920 --> 00:31:18,320
Speaker 4: migrants to New Zealand when recent governments have been promoting

606
00:31:18,320 --> 00:31:21,000
Speaker 4: two tiers of New Zealand citizenship. If your kids are

607
00:31:21,000 --> 00:31:24,040
Speaker 4: treated differently from a kid with a tiny bit of

608
00:31:24,120 --> 00:31:27,400
Speaker 4: multi blood, that's not equal opportunity and it's divisive. The

609
00:31:27,440 --> 00:31:29,040
Speaker 4: media refused to talk about this. Well, there you go,

610
00:31:29,240 --> 00:31:35,120
Speaker 4: I have read your text. There we go.

611
00:31:35,640 --> 00:31:35,800
Speaker 16: Hey.

612
00:31:35,800 --> 00:31:39,680
Speaker 4: Coming up after the news which is next here at six,

613
00:31:40,320 --> 00:31:44,400
Speaker 4: the government has released its plan for affordable energy. They've

614
00:31:44,400 --> 00:31:48,360
Speaker 4: released the Government Policy Statement on Electricity and this sets

615
00:31:48,360 --> 00:31:52,720
Speaker 4: out the government's role in delivering affordable and secure electricity

616
00:31:52,760 --> 00:31:57,200
Speaker 4: at internationally competitive prices. So the Minister of Energy, semn Brown,

617
00:31:57,280 --> 00:31:59,240
Speaker 4: he is going to be with us and we're going

618
00:31:59,360 --> 00:32:03,520
Speaker 4: to get our head around exactly what the government is

619
00:32:03,640 --> 00:32:06,440
Speaker 4: proposing here. Obviously they're very very keen for people to

620
00:32:06,480 --> 00:32:09,720
Speaker 4: be investing in renewables, but actually how it might impact

621
00:32:09,960 --> 00:32:13,960
Speaker 4: you and I and things on a daily basis when

622
00:32:13,960 --> 00:32:15,800
Speaker 4: it comes to paying our bills. We'll try and get

623
00:32:15,800 --> 00:32:18,520
Speaker 4: our heads around that. So that is coming up Afternoons

624
00:32:18,960 --> 00:32:21,760
Speaker 4: which is next year on Newstalk zb.

625
00:32:24,560 --> 00:32:25,600
Speaker 1: Whiy Me.

626
00:32:27,520 --> 00:32:33,560
Speaker 17: Baby God for Me, I Love It is a lie.

627
00:32:36,880 --> 00:32:49,040
Speaker 1: Again Flame.

628
00:32:55,360 --> 00:33:23,080
Speaker 2: Now the only drive show you can trust to ask

629
00:33:23,160 --> 00:33:26,200
Speaker 2: the questions, get the answers, by the facts.

630
00:33:25,760 --> 00:33:27,360
Speaker 1: And give the analysis.

631
00:33:27,440 --> 00:33:31,080
Speaker 2: Francesca Ruggin on Hither Duplessy Island Drive with One New

632
00:33:31,160 --> 00:33:33,680
Speaker 2: Zealand Let's get connected news.

633
00:33:33,440 --> 00:33:34,200
Speaker 1: Talk as that be.

634
00:33:37,520 --> 00:33:40,880
Speaker 4: Good to have you is seven past five right. The

635
00:33:40,880 --> 00:33:44,080
Speaker 4: government has told the Electricity Authority to get more competitive

636
00:33:44,120 --> 00:33:48,440
Speaker 4: as it tries to curb soaring electricity prices. We all

637
00:33:48,480 --> 00:33:52,080
Speaker 4: know as of late energy costs have been rising, with

638
00:33:52,200 --> 00:33:55,880
Speaker 4: multiple large manufacturers saying prices have forced them to close down.

639
00:33:56,320 --> 00:33:59,760
Speaker 4: Energy Minister Simian Brown outlined expectations and a government policy

640
00:33:59,760 --> 00:34:03,480
Speaker 4: stare which the Authority must now adhere to as it

641
00:34:03,600 --> 00:34:07,120
Speaker 4: works to fix the market, and as Simeon joins me, now,

642
00:34:07,160 --> 00:34:08,399
Speaker 4: good evening, thank you for your time.

643
00:34:09,760 --> 00:34:11,280
Speaker 18: Good evening, Simeon.

644
00:34:11,360 --> 00:34:15,040
Speaker 4: Are you confident these expectations will ultimately bring prices down.

645
00:34:16,840 --> 00:34:17,000
Speaker 16: Well.

646
00:34:17,040 --> 00:34:20,040
Speaker 18: What we're making very clear is that the government's top

647
00:34:20,080 --> 00:34:22,680
Speaker 18: priority is to ensure that New Zealand kei US own

648
00:34:22,760 --> 00:34:28,640
Speaker 18: businesses and households have accessed internationally competitive ultricity prices. That

649
00:34:28,680 --> 00:34:32,480
Speaker 18: the aultricy Authority needs to ensure that they are focused

650
00:34:32,600 --> 00:34:37,839
Speaker 18: on competition, affordability and security of supply and that they're

651
00:34:37,880 --> 00:34:41,600
Speaker 18: not focused on what type of fuel is actually being used.

652
00:34:42,080 --> 00:34:43,920
Speaker 18: We've been very clear as a governments that actually we

653
00:34:43,960 --> 00:34:46,400
Speaker 18: want to keep the lights on and that means they

654
00:34:46,400 --> 00:34:48,120
Speaker 18: need to make sure the market is operating in a

655
00:34:48,160 --> 00:34:51,800
Speaker 18: competitive way to deliver that affordable energy to New Zealanders.

656
00:34:52,040 --> 00:34:56,720
Speaker 4: So those expectations are the competitive, good, supply and affordability.

657
00:34:56,120 --> 00:35:00,200
Speaker 18: Right, That's correct, That's the key focus to govern was

658
00:35:00,200 --> 00:35:05,520
Speaker 18: focused on. Under the last government, they were pursuing significant

659
00:35:05,600 --> 00:35:08,320
Speaker 18: interventions into the ultriacy markets, such as the Lake Honslow

660
00:35:08,400 --> 00:35:12,160
Speaker 18: scheme they were making. They were at a policy of

661
00:35:12,880 --> 00:35:16,239
Speaker 18: one hundred percent renewable energy by twenty thirty, which would

662
00:35:16,480 --> 00:35:19,360
Speaker 18: have caught the country billions of dollars to try and achieve.

663
00:35:19,719 --> 00:35:22,440
Speaker 18: We've been direct clear, we're full agnostic. We know that

664
00:35:22,480 --> 00:35:26,760
Speaker 18: there is going to be more renewable generation becoming online. However,

665
00:35:27,440 --> 00:35:32,360
Speaker 18: the altricty Authority's role is to focus on competition, security

666
00:35:32,360 --> 00:35:36,680
Speaker 18: of supply and reliability for consumers rather than what type

667
00:35:36,680 --> 00:35:37,960
Speaker 18: of fuel is being consumed.

668
00:35:38,719 --> 00:35:43,320
Speaker 4: Yes, of course, reliability apologies. How does the electricity authority

669
00:35:43,600 --> 00:35:46,680
Speaker 4: therefore enforce these expectations that you've put on them?

670
00:35:47,960 --> 00:35:51,719
Speaker 18: So the government sets the policy direction and that is

671
00:35:51,760 --> 00:35:56,200
Speaker 18: what we've done today. The ultricity authorities is required to

672
00:35:56,200 --> 00:35:58,680
Speaker 18: have regard to that as they make decisions in regards

673
00:35:58,680 --> 00:36:01,440
Speaker 18: to the code. They play a really important role in

674
00:36:01,520 --> 00:36:04,600
Speaker 18: terms of regulating the market. There's a lot that they need,

675
00:36:05,000 --> 00:36:06,960
Speaker 18: they have that they need to do in terms of

676
00:36:07,000 --> 00:36:10,120
Speaker 18: responding to this. We want to see more distributed forms

677
00:36:10,120 --> 00:36:12,920
Speaker 18: of energy able to participate in the market. We want

678
00:36:12,960 --> 00:36:17,040
Speaker 18: to see more competition in the wholesale market. They'll have that.

679
00:36:17,080 --> 00:36:20,680
Speaker 18: They have the role of regulating participants to do that,

680
00:36:20,800 --> 00:36:23,320
Speaker 18: but also it's about setting a clear expectation to wholesale

681
00:36:23,360 --> 00:36:26,440
Speaker 18: participants that they need to manage their risks more appropriately.

682
00:36:26,480 --> 00:36:29,760
Speaker 18: What we saw this year with the wholesale wholesale price

683
00:36:29,840 --> 00:36:33,440
Speaker 18: being eight hundred dollars a mega what now for many

684
00:36:33,560 --> 00:36:37,200
Speaker 18: for a number of weeks through August was unacceptable. We

685
00:36:37,239 --> 00:36:38,839
Speaker 18: need to make sure the fuel is in the right

686
00:36:38,880 --> 00:36:42,200
Speaker 18: place to manage those dry year risks, rather than that

687
00:36:42,320 --> 00:36:45,600
Speaker 18: risk being externalized out into key households and businesses. That's

688
00:36:45,680 --> 00:36:48,240
Speaker 18: unacceptable and our message is very clear to the OCTUS,

689
00:36:48,280 --> 00:36:50,960
Speaker 18: the authority, and to wholesale participants that that risk needs

690
00:36:50,960 --> 00:36:55,759
Speaker 18: to be better managed to ensure that keey households and

691
00:36:55,800 --> 00:36:59,480
Speaker 18: businesses aren't facing the brunt of those high prices.

692
00:37:00,400 --> 00:37:02,160
Speaker 4: As a household. When can I expect to see the

693
00:37:02,200 --> 00:37:04,640
Speaker 4: impact of this GPS.

694
00:37:05,680 --> 00:37:09,920
Speaker 18: Well, Ultimately, this is about setting our expectations clear. The

695
00:37:10,000 --> 00:37:13,400
Speaker 18: regulator now has to put a work program together around

696
00:37:13,840 --> 00:37:16,840
Speaker 18: how they intend to give effect to it. They have

697
00:37:16,920 --> 00:37:19,880
Speaker 18: regard to it, they will be There's a number of

698
00:37:19,960 --> 00:37:22,359
Speaker 18: changes that they need to continue to evolve as there's

699
00:37:22,400 --> 00:37:27,279
Speaker 18: different forms of becoming online. Ultimately, this is about our

700
00:37:27,320 --> 00:37:32,000
Speaker 18: expectations so that the market is operating more competitively to

701
00:37:32,080 --> 00:37:34,840
Speaker 18: deliver that those prices to consumers. In terms of the

702
00:37:35,320 --> 00:37:40,440
Speaker 18: impactful consumers, we're obviously very clear that the electricity Authority

703
00:37:40,480 --> 00:37:42,719
Speaker 18: has to be very focused on next winter. Next winter

704
00:37:42,840 --> 00:37:47,160
Speaker 18: is looking like a very tight winter again like this winter.

705
00:37:47,600 --> 00:37:51,360
Speaker 18: So acting now in terms of making sure that wholesale

706
00:37:51,400 --> 00:37:55,840
Speaker 18: participants are managing those risks, rather than those risks being

707
00:37:56,960 --> 00:38:00,200
Speaker 18: coming to fruition in the middle of winter. They need

708
00:38:00,239 --> 00:38:03,200
Speaker 18: to be managed before Christmas in terms of making sure

709
00:38:03,239 --> 00:38:05,560
Speaker 18: the fuel is there in the right places, rather than

710
00:38:05,640 --> 00:38:07,760
Speaker 18: us entering next winter with those risks in place.

711
00:38:07,880 --> 00:38:10,200
Speaker 4: So then you would expect next winter the market has

712
00:38:10,239 --> 00:38:14,600
Speaker 4: reacted and we can all enjoy more competitive affordable power prices.

713
00:38:15,320 --> 00:38:18,440
Speaker 18: Well, ultimately, you know, the outlook for next winter is

714
00:38:19,200 --> 00:38:23,640
Speaker 18: concerning in terms of there is significant risks in place

715
00:38:23,640 --> 00:38:26,759
Speaker 18: in terms of you know what we saw this year

716
00:38:26,760 --> 00:38:31,720
Speaker 18: around low hydro inflows, low wind. Some of the forecasts

717
00:38:31,760 --> 00:38:35,120
Speaker 18: are concerning again for next winter. But what our message

718
00:38:35,160 --> 00:38:37,640
Speaker 18: is to the ultrot Authority and to the market participants

719
00:38:38,000 --> 00:38:40,960
Speaker 18: is that those risks need to be managed ahead of

720
00:38:41,360 --> 00:38:44,200
Speaker 18: entering winter rather than being managed during winter. And I'll

721
00:38:44,200 --> 00:38:47,799
Speaker 18: give you an example around you know, we had a

722
00:38:48,000 --> 00:38:53,319
Speaker 18: twenty percent reduction in gas supply this year and that's

723
00:38:53,760 --> 00:38:56,160
Speaker 18: a number of reasons behind it, including the last government's

724
00:38:56,200 --> 00:38:59,440
Speaker 18: ban on ail and gas exploration. But the key issue

725
00:38:59,480 --> 00:39:03,600
Speaker 18: was that that gas wasn't you know methdex is the

726
00:39:03,680 --> 00:39:07,680
Speaker 18: largest user of gas, that that gas has been used

727
00:39:07,680 --> 00:39:10,359
Speaker 18: to make meth at all, rather than put into eltricity market,

728
00:39:10,400 --> 00:39:12,600
Speaker 18: and that deal wasn't done until the middle of August

729
00:39:12,880 --> 00:39:15,719
Speaker 18: to actually ensure that was being made available to produce eletricity.

730
00:39:16,160 --> 00:39:18,880
Speaker 18: Those type of arrangements in making sure the fuel's in

731
00:39:18,880 --> 00:39:23,319
Speaker 18: the right place, those conversations and those arrangements need to

732
00:39:23,320 --> 00:39:26,400
Speaker 18: be sorted ahead of time. Risks need to be managed.

733
00:39:26,680 --> 00:39:28,799
Speaker 18: Securio supply to be mentioned in the long term, not

734
00:39:28,840 --> 00:39:32,399
Speaker 18: just the short term, so that consumers and businesses aren't

735
00:39:32,400 --> 00:39:34,640
Speaker 18: put in those risky positions as we saw this year.

736
00:39:35,400 --> 00:39:37,279
Speaker 4: Minister, if you wouldn't mind, would you mind taking your

737
00:39:37,360 --> 00:39:39,680
Speaker 4: energy hat off and just putting your local government hat

738
00:39:39,719 --> 00:39:41,600
Speaker 4: on just for a quick moment. What did you think

739
00:39:41,600 --> 00:39:45,520
Speaker 4: about Wellington City Council's decision on the airport shares yesterday?

740
00:39:45,680 --> 00:39:47,400
Speaker 4: Do you think the Government will end up intervening?

741
00:39:48,800 --> 00:39:51,360
Speaker 18: Well, look, I think it's concerning. Ultimately it's a significant

742
00:39:51,440 --> 00:39:55,400
Speaker 18: decision to make a significant what it's a significant change,

743
00:39:55,440 --> 00:39:58,640
Speaker 18: will repose change to their long term plan my concerns

744
00:39:58,640 --> 00:40:01,719
Speaker 18: for Wellington rate payers and the potential impact this may

745
00:40:01,719 --> 00:40:04,400
Speaker 18: have on their rates bills. They've already received one of

746
00:40:04,440 --> 00:40:08,040
Speaker 18: the highest rates bills in the country and so look,

747
00:40:08,080 --> 00:40:10,760
Speaker 18: the Government's keeping an eye on what's happening here. Councils

748
00:40:10,840 --> 00:40:13,920
Speaker 18: are able to amend their long term plans, but what

749
00:40:13,960 --> 00:40:16,480
Speaker 18: I would say is this is concerning. It is a

750
00:40:16,480 --> 00:40:19,719
Speaker 18: significant change. I'm concerned about what the impact it will

751
00:40:19,719 --> 00:40:23,000
Speaker 18: have on Wellington rate payers who are wanting to have

752
00:40:23,080 --> 00:40:26,040
Speaker 18: a council which is focused on making long term decisions

753
00:40:26,040 --> 00:40:29,880
Speaker 18: and actually sticking to them rather than constantly changing their minds.

754
00:40:30,920 --> 00:40:33,319
Speaker 4: Energy Minister Simon Brown, thank you very much for your time.

755
00:40:33,320 --> 00:40:36,239
Speaker 4: I appreciate it. Coming up later this hour, we have

756
00:40:36,280 --> 00:40:40,600
Speaker 4: got the sports huddle and Rafa Nadahal has, at the

757
00:40:40,600 --> 00:40:42,759
Speaker 4: age of thirty eight, finally confirmed that he's going to

758
00:40:42,800 --> 00:40:45,560
Speaker 4: retire from professional tennis after the Davis Cup Finals in

759
00:40:45,600 --> 00:40:50,799
Speaker 4: Spain this November twenty two time Grand Slam winner, he

760
00:40:50,840 --> 00:40:53,200
Speaker 4: has finally called it quits on his amazing career and

761
00:40:53,200 --> 00:40:55,080
Speaker 4: I think it's going to be quite emotional because who

762
00:40:55,120 --> 00:40:56,359
Speaker 4: doesn't like this guy?

763
00:40:56,520 --> 00:40:56,719
Speaker 1: Right?

764
00:40:57,440 --> 00:40:59,040
Speaker 4: I don't think it's been a huge surprise he's been

765
00:40:59,040 --> 00:41:01,239
Speaker 4: struggling with injuries. Has n he's been recovered from his

766
00:41:01,320 --> 00:41:05,080
Speaker 4: hip operation. But I think it's great that he's announced it.

767
00:41:05,120 --> 00:41:07,680
Speaker 4: Now everyone can celebrate him and things. But I feel

768
00:41:07,719 --> 00:41:09,799
Speaker 4: that there's a real end to an era, and I'm

769
00:41:09,840 --> 00:41:12,640
Speaker 4: keen to talk to the sports Huddle about this nearer

770
00:41:12,640 --> 00:41:15,360
Speaker 4: the end of the hour as well, because of course

771
00:41:16,840 --> 00:41:21,839
Speaker 4: there was the Big three Federer, Djokovic, and Nadel, and

772
00:41:22,000 --> 00:41:26,000
Speaker 4: Federer retired a couple of years ago. Novak Djokovic is

773
00:41:26,040 --> 00:41:30,520
Speaker 4: still out there performing and now raf is gone. Federa

774
00:41:30,680 --> 00:41:34,080
Speaker 4: was quite serious, wasn't he. The Darl's just a bit kookie,

775
00:41:34,520 --> 00:41:36,360
Speaker 4: and Raffa was just the one we all loved. He

776
00:41:36,560 --> 00:41:38,600
Speaker 4: just kind of came across as a nice guy. I'm

777
00:41:38,600 --> 00:41:41,440
Speaker 4: pretty sure there's a lot more to his legacy than

778
00:41:41,600 --> 00:41:44,520
Speaker 4: just being a nice guy. So the sports Huddle will

779
00:41:44,560 --> 00:41:47,919
Speaker 4: cover it off later this hour. It is fifteen past five.

780
00:41:48,480 --> 00:41:51,120
Speaker 4: Choice is good, isn't it? At least that's what we've

781
00:41:51,200 --> 00:41:54,280
Speaker 4: all been told. But if you're anything like me, sometimes

782
00:41:54,320 --> 00:41:57,520
Speaker 4: too much choice can be overwhelming, especially when you're a

783
00:41:57,520 --> 00:42:00,399
Speaker 4: small business with one thousand and one decisions to make.

784
00:42:00,920 --> 00:42:03,560
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785
00:42:03,600 --> 00:42:07,360
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786
00:42:07,440 --> 00:42:10,480
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787
00:42:10,600 --> 00:42:13,400
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788
00:42:13,440 --> 00:42:17,680
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789
00:42:17,800 --> 00:42:22,040
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790
00:42:22,320 --> 00:42:25,320
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791
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792
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793
00:42:32,080 --> 00:42:34,200
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794
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795
00:42:37,600 --> 00:42:41,360
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796
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797
00:42:46,239 --> 00:42:47,000
Speaker 1: Francisco.

798
00:42:47,480 --> 00:42:50,440
Speaker 4: All right, So the Big Dances upon Us comes Sunday morning,

799
00:42:50,440 --> 00:42:54,000
Speaker 4: a start of the thirty seventh America's Cup. Team New

800
00:42:54,120 --> 00:42:57,000
Speaker 4: Zealand take on the British team of Ineosprtania with the

801
00:42:57,040 --> 00:43:01,200
Speaker 4: first to win seven races crowned champions. Mark Orham's is

802
00:43:01,200 --> 00:43:03,759
Speaker 4: a sailing professor and commentator from a ut and he

803
00:43:03,880 --> 00:43:07,080
Speaker 4: joins me, now, good evening, evening. Do you think people

804
00:43:07,080 --> 00:43:09,880
Speaker 4: are genuinely excited about this event or not.

805
00:43:10,760 --> 00:43:14,040
Speaker 8: Well, certainly the sailing community is, but I think it'll

806
00:43:14,080 --> 00:43:15,960
Speaker 8: take a little bit of time to build up for

807
00:43:16,000 --> 00:43:18,840
Speaker 8: those people who perhaps are a little bit late to

808
00:43:18,880 --> 00:43:22,279
Speaker 8: get on board. As we move through this America's Cup

809
00:43:22,400 --> 00:43:25,520
Speaker 8: and we start to draw towards a conclusion, I think

810
00:43:25,560 --> 00:43:27,319
Speaker 8: the excitement will pull people in.

811
00:43:28,360 --> 00:43:30,800
Speaker 4: You Well, now we're at the exciting end of the tournament.

812
00:43:30,960 --> 00:43:34,479
Speaker 4: I'm definitely being pulled in. And I don't really care

813
00:43:34,680 --> 00:43:38,560
Speaker 4: where it's held, how it's run, what the boats are.

814
00:43:38,880 --> 00:43:41,520
Speaker 4: I'm just kind of I'm just sort of getting on board.

815
00:43:41,840 --> 00:43:44,520
Speaker 4: Why should Kiwis care about it? It's not here in

816
00:43:44,560 --> 00:43:47,279
Speaker 4: our backyard as a defense normally is. And I know

817
00:43:47,360 --> 00:43:49,360
Speaker 4: that that's a bit of a sticking point.

818
00:43:49,120 --> 00:43:52,759
Speaker 8: For some Yeah, I can completely understand that. I don't

819
00:43:52,760 --> 00:43:58,400
Speaker 8: think anybody would would be sort of in favor of

820
00:43:58,400 --> 00:44:01,360
Speaker 8: it having it out of New Zeland. Really, this is

821
00:44:01,400 --> 00:44:03,600
Speaker 8: the city of Sales and Auckland, and it would be

822
00:44:03,600 --> 00:44:05,600
Speaker 8: wonderful to be having it here, but it isn't, So

823
00:44:05,840 --> 00:44:08,120
Speaker 8: we just have to get our heads around that. I

824
00:44:08,200 --> 00:44:11,319
Speaker 8: think the thing to really focus on is that this

825
00:44:11,360 --> 00:44:17,279
Speaker 8: is New Zealand competing in a very high technology and

826
00:44:17,960 --> 00:44:22,080
Speaker 8: an extremely high end sport that has a massive history

827
00:44:22,080 --> 00:44:25,279
Speaker 8: that goes back over one hundred and fifty years, and

828
00:44:25,360 --> 00:44:28,880
Speaker 8: what we are doing as a small maritime nation is

829
00:44:28,960 --> 00:44:32,480
Speaker 8: competing at the very top end. In fact, dominating to

830
00:44:32,600 --> 00:44:37,640
Speaker 8: New Zealand has been this century the most dominant team

831
00:44:37,880 --> 00:44:42,400
Speaker 8: in this game. And remembering we're competing against nations that

832
00:44:42,480 --> 00:44:45,560
Speaker 8: are not only much larger than ours, with deeper pockets,

833
00:44:45,600 --> 00:44:48,960
Speaker 8: but with a lot of technology that we don't have

834
00:44:49,080 --> 00:44:52,120
Speaker 8: access to. So thinking about the United States and outfits

835
00:44:52,160 --> 00:44:55,920
Speaker 8: like NASA and companies like Bowing the UK and how

836
00:44:55,960 --> 00:44:58,960
Speaker 8: they're drawing on their Formula one expertise with any ospri

837
00:44:59,040 --> 00:45:01,360
Speaker 8: Cania and so on. So a little old New Zealand

838
00:45:01,400 --> 00:45:06,680
Speaker 8: here piecing together an amazing legacy in the sport of sailing.

839
00:45:07,200 --> 00:45:10,040
Speaker 8: And when I talk to people from outside of New

840
00:45:10,120 --> 00:45:12,760
Speaker 8: Zealand in the sport of sailing, they just shake their heads.

841
00:45:12,760 --> 00:45:15,160
Speaker 8: They think, how do you do it? How can you

842
00:45:15,280 --> 00:45:19,560
Speaker 8: do something that these really large superpowers are not able

843
00:45:19,600 --> 00:45:22,239
Speaker 8: to do? And so it's something really special to be

844
00:45:22,320 --> 00:45:25,480
Speaker 8: proud of that we're able to not only compete, but

845
00:45:25,640 --> 00:45:27,680
Speaker 8: to dominate in this kind of way.

846
00:45:28,080 --> 00:45:31,120
Speaker 4: That's a great perspective on it, Mark, how much of

847
00:45:31,120 --> 00:45:33,520
Speaker 4: an advantage do you think Emert's Team New Zealand have.

848
00:45:33,880 --> 00:45:37,360
Speaker 4: They haven't raced intensely for weeks, like any ofs. I

849
00:45:37,400 --> 00:45:40,759
Speaker 4: suppose it's got its pros and cons having that break.

850
00:45:41,239 --> 00:45:44,720
Speaker 8: Yeah, absolutely, And of course the Brits are race hardened.

851
00:45:44,880 --> 00:45:48,320
Speaker 8: They've had eighteen races over the last months and hard

852
00:45:48,400 --> 00:45:51,840
Speaker 8: close races too, so they are certainly very battle hardened,

853
00:45:52,320 --> 00:45:55,480
Speaker 8: very race ready. Meanwhile, Emirates Team New Zealand's had no

854
00:45:55,600 --> 00:45:57,840
Speaker 8: racing at all, but what they have been able to

855
00:45:57,880 --> 00:46:01,680
Speaker 8: do is to watch very very careful, to analyze all

856
00:46:01,719 --> 00:46:04,319
Speaker 8: of the data coming off the boats, particularly with a

857
00:46:04,360 --> 00:46:08,680
Speaker 8: focus now on Aniospritannia, and to continue to develop TAI

858
00:46:08,760 --> 00:46:11,320
Speaker 8: Hortos so that it can be as fast as possible.

859
00:46:11,560 --> 00:46:13,560
Speaker 8: And what they know is that in the history of

860
00:46:13,560 --> 00:46:17,600
Speaker 8: the America's Cup, the fastest spot always wins, so their

861
00:46:17,640 --> 00:46:20,040
Speaker 8: focus is going to be certainly preparing as best they're

862
00:46:20,040 --> 00:46:23,120
Speaker 8: able for the racing, but making sure they're optimizing TI

863
00:46:23,160 --> 00:46:25,319
Speaker 8: Hoto to be as quick as it possibly can be.

864
00:46:26,000 --> 00:46:28,799
Speaker 8: And they've actually broken out some new equipment just in

865
00:46:28,840 --> 00:46:30,920
Speaker 8: the last few days that they'd be working on and

866
00:46:31,040 --> 00:46:33,759
Speaker 8: keept back in the shed until now, and some of

867
00:46:33,760 --> 00:46:36,799
Speaker 8: those I think are big steps forward. So the team

868
00:46:36,840 --> 00:46:38,960
Speaker 8: will have a lot of confidence in the preparation they've

869
00:46:39,000 --> 00:46:41,800
Speaker 8: done for the boat, and then they'll build into the

870
00:46:41,840 --> 00:46:43,960
Speaker 8: regatta as it gets underway.

871
00:46:44,320 --> 00:46:46,879
Speaker 4: So Ben Ainsley versus Berlin, do you think we'll see

872
00:46:46,880 --> 00:46:47,600
Speaker 4: some niggle here?

873
00:46:48,880 --> 00:46:51,680
Speaker 8: I don't think from Pete Berlin, he's a very very cool,

874
00:46:52,000 --> 00:46:56,520
Speaker 8: calm character, fighter pilot like sort of calm and that

875
00:46:56,600 --> 00:46:59,960
Speaker 8: it doesn't seem to matter what's happening around him. He's unfaithed.

876
00:47:00,480 --> 00:47:03,319
Speaker 8: So Ben Ainsley's quite different. You know. He's an enormously

877
00:47:03,400 --> 00:47:08,120
Speaker 8: experienced and very very talented sailor, the most successful Olympic

878
00:47:08,160 --> 00:47:11,520
Speaker 8: sailor in history. But he's also somebody who I wouldn't

879
00:47:11,520 --> 00:47:13,800
Speaker 8: say is a hot head. But simmering under the surface

880
00:47:13,840 --> 00:47:18,080
Speaker 8: of that huge determination can sometimes be a bit of

881
00:47:18,120 --> 00:47:22,000
Speaker 8: frustration that boils over into the if he doesn't get,

882
00:47:22,040 --> 00:47:25,000
Speaker 8: for example, umpire calls that go his way, or a

883
00:47:25,040 --> 00:47:27,600
Speaker 8: mistake that's made, particularly if it's a mistake that he's

884
00:47:27,640 --> 00:47:32,320
Speaker 8: made personally. So there quite different personalities. Equally talented sailors,

885
00:47:32,360 --> 00:47:35,000
Speaker 8: no question, but quite different personalities.

886
00:47:35,719 --> 00:47:39,000
Speaker 4: Mike Alams thank you so much for your time, really appreciated.

887
00:47:39,239 --> 00:47:40,879
Speaker 4: It is twenty three past five.

888
00:47:40,920 --> 00:47:44,040
Speaker 1: Newstalks that'd be digging deeper into the day's headlines.

889
00:47:44,160 --> 00:47:47,240
Speaker 2: It's Francesca Runkin on hand of Dupless the Island drive

890
00:47:47,440 --> 00:47:50,200
Speaker 2: with one New Zealand let's get connected us.

891
00:47:50,160 --> 00:47:52,680
Speaker 4: Dogs, that'd be I thank you very much for your feedback.

892
00:47:52,960 --> 00:47:55,800
Speaker 4: Just talking to Mark that surely that gets you a

893
00:47:55,840 --> 00:47:59,800
Speaker 4: bit more excited if you hadn't been excited already about

894
00:48:00,120 --> 00:48:03,120
Speaker 4: the America's Cup. I do want to know if anyone's

895
00:48:03,120 --> 00:48:04,560
Speaker 4: gonna get up at one o'clock and watch it in

896
00:48:04,600 --> 00:48:06,719
Speaker 4: the morning. I know my friend dave O will be

897
00:48:06,960 --> 00:48:08,879
Speaker 4: He's been following it intimately. I know he'll be watching,

898
00:48:08,920 --> 00:48:11,880
Speaker 4: and I know there's others of you. I'm just you know,

899
00:48:11,960 --> 00:48:14,040
Speaker 4: are you gonna jump on board now? I'm not going

900
00:48:14,080 --> 00:48:15,400
Speaker 4: to jump on board and get up at one in

901
00:48:15,440 --> 00:48:17,520
Speaker 4: the morning, but I definitely will watch a little bit later.

902
00:48:17,760 --> 00:48:19,680
Speaker 4: Maria text to say, be hilarious if it ended up

903
00:48:19,680 --> 00:48:22,000
Speaker 4: in Europe because Grant Dalton took it away from New Zealand.

904
00:48:22,960 --> 00:48:26,239
Speaker 4: I'm not sure it would be hilarious, Maria, but I

905
00:48:26,280 --> 00:48:30,719
Speaker 4: get the sentiment. Coming back to electricity, of course we're

906
00:48:30,719 --> 00:48:35,600
Speaker 4: just talking to Energy minister there Simeon Brown, who's yet Okay,

907
00:48:35,600 --> 00:48:37,360
Speaker 4: So I'm going to give him to next winter, because

908
00:48:37,360 --> 00:48:39,920
Speaker 4: that's what I wanted to know as a consumer. When

909
00:48:39,960 --> 00:48:42,000
Speaker 4: am I actually going to see an impact on the

910
00:48:42,000 --> 00:48:43,520
Speaker 4: measures that the government is trying to put on the

911
00:48:43,560 --> 00:48:47,480
Speaker 4: electricity Authority? And I'm taking from that conversation that hopefully

912
00:48:47,480 --> 00:48:49,319
Speaker 4: we'll have some leavers in place. It will mean that

913
00:48:49,480 --> 00:48:53,000
Speaker 4: next winter might be looking a bit better. Total nonsense,

914
00:48:53,520 --> 00:48:55,719
Speaker 4: simon text to say we should have the cheapest electricity

915
00:48:55,760 --> 00:48:58,120
Speaker 4: in the world. Asset sales and privatization has been a

916
00:48:58,160 --> 00:49:00,919
Speaker 4: total failure. Re national Is it all now?

917
00:49:01,320 --> 00:49:01,600
Speaker 11: Hello?

918
00:49:01,680 --> 00:49:05,040
Speaker 4: For cheaper power bills. The government needs to change the

919
00:49:05,120 --> 00:49:08,120
Speaker 4: law that enables all generators to charge the highest price

920
00:49:08,200 --> 00:49:11,000
Speaker 4: offered every half hour on the markets. Thank you very much,

921
00:49:11,040 --> 00:49:14,680
Speaker 4: and you're with News Talk ZB. We'll be back after headlines.

922
00:49:17,400 --> 00:49:21,520
Speaker 2: The day's newsweak is talk to Francesca First, Francesca Rudkin

923
00:49:21,719 --> 00:49:24,359
Speaker 2: on Heather Dup to see allan drive with One New

924
00:49:24,400 --> 00:49:26,880
Speaker 2: Zealand let's get connected news talk.

925
00:49:26,680 --> 00:49:27,120
Speaker 1: As it'd be.

926
00:49:28,480 --> 00:49:29,080
Speaker 14: He love me.

927
00:49:35,560 --> 00:49:40,080
Speaker 4: And good to have you with us. We've been talking

928
00:49:40,160 --> 00:49:42,799
Speaker 4: quite a bit about the Prime minister's trip to the

929
00:49:42,840 --> 00:49:46,279
Speaker 4: East Asia Summit and about the fact that he met

930
00:49:46,320 --> 00:49:49,640
Speaker 4: with India's Prime minister, who has invited him to visit

931
00:49:49,719 --> 00:49:54,360
Speaker 4: India in the new year. This was quite big news,

932
00:49:54,440 --> 00:49:56,560
Speaker 4: and we're going to talk about this after six just

933
00:49:56,719 --> 00:49:58,879
Speaker 4: kind of get to the bottom of the significance of it.

934
00:49:59,320 --> 00:50:02,480
Speaker 4: I have a funny feeling there's nothing immediate is going

935
00:50:02,560 --> 00:50:05,760
Speaker 4: to come out of this. The Prime Minister is playing

936
00:50:05,760 --> 00:50:08,719
Speaker 4: the long game and very much building up his relationship

937
00:50:08,760 --> 00:50:11,359
Speaker 4: to be able to continue it on, to have more

938
00:50:11,360 --> 00:50:15,520
Speaker 4: substantial meetings about a free trade deal and security in

939
00:50:15,640 --> 00:50:18,799
Speaker 4: various other things. But we'll talk to an international geopolitical

940
00:50:18,840 --> 00:50:23,640
Speaker 4: analyst after six to get their thoughts on it. Francisco

941
00:50:24,080 --> 00:50:26,880
Speaker 4: so Kewi's are leading the country and record numbers stats.

942
00:50:26,880 --> 00:50:30,000
Speaker 4: New Zealand figures show New Zealand had an annual net

943
00:50:30,080 --> 00:50:32,360
Speaker 4: migration gain of nearly fifty four thousand people in the

944
00:50:32,440 --> 00:50:36,760
Speaker 4: year to August. However, departures are the highest on record

945
00:50:37,120 --> 00:50:39,359
Speaker 4: at one hundred and thirty four thousand, driven by more

946
00:50:39,360 --> 00:50:42,720
Speaker 4: than eighty one thousand Kiwis heading overseas. So one hundred

947
00:50:42,719 --> 00:50:45,280
Speaker 4: and eighty eight thousand migrants entered the country with Indian

948
00:50:45,320 --> 00:50:48,319
Speaker 4: citizens making up the largest group. I might have been

949
00:50:48,320 --> 00:50:54,320
Speaker 4: talking about that. Francis Collins is a psychology sociology professor

950
00:50:54,400 --> 00:50:58,520
Speaker 4: at Auckland University and he joins me. Now, Hi, Francis

951
00:50:58,560 --> 00:51:01,960
Speaker 4: here it a Franciscan. Most nice to talk to you too, Hey,

952
00:51:02,120 --> 00:51:05,759
Speaker 4: how do these levels compare to the brain drain of

953
00:51:05,920 --> 00:51:08,040
Speaker 4: twenty eleven twenty twelve.

954
00:51:10,080 --> 00:51:13,200
Speaker 19: Well, it's actually quite markedly different in a lot of ways.

955
00:51:13,200 --> 00:51:16,480
Speaker 19: Back in twenty eleven twenty twelve, we were seeing a

956
00:51:16,520 --> 00:51:18,960
Speaker 19: lot of New Zealand citizens apart, It's not quite as

957
00:51:19,040 --> 00:51:22,640
Speaker 19: high as we're seeing now, but pretty high. But I

958
00:51:22,680 --> 00:51:25,520
Speaker 19: guess the difference back then was that the arrival of

959
00:51:25,560 --> 00:51:28,560
Speaker 19: non New Zealand citizens, so people from India you mentioned,

960
00:51:28,560 --> 00:51:31,000
Speaker 19: but from China, from the Philippines were much lower back then,

961
00:51:31,040 --> 00:51:33,760
Speaker 19: so we actually had an overall net loss of people

962
00:51:33,800 --> 00:51:36,640
Speaker 19: through migration, whereas it right now, as you mentioned, even

963
00:51:36,680 --> 00:51:39,719
Speaker 19: though the rate's coming down, net migration is very very

964
00:51:39,800 --> 00:51:42,400
Speaker 19: high by historical standards.

965
00:51:42,800 --> 00:51:45,239
Speaker 4: Do you think this trend of more people leaving and

966
00:51:45,360 --> 00:51:48,640
Speaker 4: fewer arriving is going to continue from the levels that

967
00:51:48,640 --> 00:51:49,120
Speaker 4: we've seen.

968
00:51:50,800 --> 00:51:56,520
Speaker 19: Well, so that the flows of New Zealand citizens, what

969
00:51:56,560 --> 00:51:59,440
Speaker 19: you can say, is it consistently over time that's being

970
00:51:59,520 --> 00:52:01,640
Speaker 19: very large numbers of New Zealand citizens who have left

971
00:52:01,680 --> 00:52:05,160
Speaker 19: New Zealand and not returned. That patterns very clear stance

972
00:52:05,200 --> 00:52:07,480
Speaker 19: the late nineteen seventies, around eight hundred, eight hundred and

973
00:52:07,480 --> 00:52:10,399
Speaker 19: fifty thousand New Zealand citizens have left and not come

974
00:52:10,440 --> 00:52:13,200
Speaker 19: back if we think about overall. But it doesn't remain

975
00:52:13,239 --> 00:52:14,759
Speaker 19: the same all the time, so there's a lot of

976
00:52:14,800 --> 00:52:18,799
Speaker 19: even flow. So there are times when the level of

977
00:52:18,800 --> 00:52:21,600
Speaker 19: New Zealand citizens leaving and not returning as much lower

978
00:52:21,640 --> 00:52:25,000
Speaker 19: and there are times like right now where it's particularly high.

979
00:52:25,040 --> 00:52:28,160
Speaker 19: And the same actually goes for migrant arrivals as well,

980
00:52:28,440 --> 00:52:30,840
Speaker 19: which which do even flow, and often they're often associated

981
00:52:30,880 --> 00:52:34,640
Speaker 19: with the economic cycle, but also also associated when you

982
00:52:34,680 --> 00:52:37,520
Speaker 19: know there are issues around inequality for example, that can

983
00:52:38,000 --> 00:52:40,799
Speaker 19: that can lead to increase increased migration as well.

984
00:52:41,280 --> 00:52:44,000
Speaker 4: What does it mean for our skills or shortage our

985
00:52:44,080 --> 00:52:44,760
Speaker 4: labor market.

986
00:52:46,880 --> 00:52:49,640
Speaker 19: Well, again, just come back to the point where there

987
00:52:49,719 --> 00:52:52,120
Speaker 19: is a very large number of the departure of New

988
00:52:52,200 --> 00:52:55,920
Speaker 19: Zealand citizens, but the net migration rate is positive, in

989
00:52:55,960 --> 00:52:59,959
Speaker 19: fact it's very high, so arguably there's actually there's actually

990
00:53:00,440 --> 00:53:03,239
Speaker 19: an increase in the number of people available or coming

991
00:53:03,239 --> 00:53:05,040
Speaker 19: to New Zealand. Many of them will be coming here

992
00:53:05,080 --> 00:53:07,840
Speaker 19: to work. I think the question is the difference between

993
00:53:07,840 --> 00:53:11,440
Speaker 19: those groups, right, we're talking about citizens and non citizens,

994
00:53:11,760 --> 00:53:14,640
Speaker 19: and of course then the mix of people in different occupations,

995
00:53:14,920 --> 00:53:16,560
Speaker 19: which would need to get a bit more granular with

996
00:53:16,640 --> 00:53:18,800
Speaker 19: the data to really unpack that a bit more.

997
00:53:19,400 --> 00:53:23,120
Speaker 4: Do you know how we keep people here? That sounds terrible,

998
00:53:23,160 --> 00:53:24,959
Speaker 4: doesn't that we're going to lock them up or something front?

999
00:53:25,120 --> 00:53:27,160
Speaker 4: How do we encourage people to stay in New Zealand?

1000
00:53:27,200 --> 00:53:28,759
Speaker 4: You know, the people that we need to stay here?

1001
00:53:29,840 --> 00:53:35,279
Speaker 19: Well, I mean, I mean, from my perspective, you can't

1002
00:53:35,360 --> 00:53:37,560
Speaker 19: keep people here right in New Zealand. There's a kind

1003
00:53:37,600 --> 00:53:42,279
Speaker 19: of moderl of democracy. Can't enforce rules of departure right,

1004
00:53:42,280 --> 00:53:45,960
Speaker 19: which some countries who do. It's relatively uncommon. But what

1005
00:53:46,000 --> 00:53:48,680
Speaker 19: we can think about is what kind of society do

1006
00:53:48,840 --> 00:53:52,120
Speaker 19: we have? And one of the biggest drivers of immigration,

1007
00:53:52,239 --> 00:53:55,319
Speaker 19: and I would argue that New Zealand citizen immigration is inequality.

1008
00:53:55,800 --> 00:53:58,040
Speaker 19: And it's quite clear that over the last few decades

1009
00:53:58,239 --> 00:54:01,680
Speaker 19: inequality in the country has increased, you know, it's evident,

1010
00:54:01,760 --> 00:54:05,000
Speaker 19: and issues within the health sector and health inequity, but

1011
00:54:05,040 --> 00:54:08,000
Speaker 19: it is evident in housing and affordability and the precarity

1012
00:54:08,040 --> 00:54:10,560
Speaker 19: and the rental housing sector, and I don't think that's

1013
00:54:10,560 --> 00:54:13,320
Speaker 19: actually getting any better right now. So while immigration is

1014
00:54:13,719 --> 00:54:16,160
Speaker 19: not new and there's not suddenly a new pattern of

1015
00:54:16,200 --> 00:54:18,800
Speaker 19: New Zealand citizens believing it's been a had for some time,

1016
00:54:19,719 --> 00:54:22,319
Speaker 19: it is we have very high numbers now, much higher

1017
00:54:22,400 --> 00:54:25,719
Speaker 19: than what used to be the highest levels of immigration.

1018
00:54:25,880 --> 00:54:27,319
Speaker 19: I think a lot of that is to do with

1019
00:54:28,600 --> 00:54:31,560
Speaker 19: the growth of inequality over many decades, which you know,

1020
00:54:31,600 --> 00:54:36,080
Speaker 19: it's not really being substantially addressed by governments. And for me,

1021
00:54:36,200 --> 00:54:38,520
Speaker 19: I would say, you want to address immigration levels, you

1022
00:54:38,560 --> 00:54:41,680
Speaker 19: need to make me deal in an inclusive society where

1023
00:54:41,920 --> 00:54:44,200
Speaker 19: there's a focus on social justice and a focus on

1024
00:54:44,280 --> 00:54:48,759
Speaker 19: creating opportunities people to see viable lives for themselves and

1025
00:54:48,800 --> 00:54:49,560
Speaker 19: for their families.

1026
00:54:49,800 --> 00:54:52,040
Speaker 4: Francis, thank you so much for your thoughts. That was

1027
00:54:52,400 --> 00:54:57,719
Speaker 4: psychology sociology excuse me, sociology professor at Augland University of

1028
00:54:57,800 --> 00:55:01,320
Speaker 4: Francis Collins. It is a eighteen to six.

1029
00:55:01,600 --> 00:55:05,800
Speaker 2: The Friday Sports Huddle with New Zealand Southebeast, International realty,

1030
00:55:05,960 --> 00:55:08,640
Speaker 2: local and global exposure like no other.

1031
00:55:16,600 --> 00:55:19,920
Speaker 20: That'll do us at Land the Events Center in British Columbia,

1032
00:55:20,120 --> 00:55:24,439
Speaker 20: Edis England who beat the Blackburns forty nine thirty one.

1033
00:55:24,680 --> 00:55:26,560
Speaker 20: Great to be there and great to be a moment

1034
00:55:26,640 --> 00:55:28,600
Speaker 20: in still and looking forward to the race, and so

1035
00:55:28,680 --> 00:55:30,200
Speaker 20: there is a great.

1036
00:55:30,000 --> 00:55:32,399
Speaker 21: Challenge about this, so I'm looking forward to getting stuck

1037
00:55:32,400 --> 00:55:32,719
Speaker 21: into it.

1038
00:55:32,719 --> 00:55:34,520
Speaker 11: Boost the morale. And some of these young boys have

1039
00:55:34,640 --> 00:55:36,600
Speaker 11: never played with them. They grew up watching them, So

1040
00:55:36,719 --> 00:55:39,520
Speaker 11: to get a game with teachers I know something that they'll.

1041
00:55:39,280 --> 00:55:40,759
Speaker 1: Be looking forward to as well. So it'll be a

1042
00:55:40,800 --> 00:55:41,280
Speaker 1: nice way.

1043
00:55:41,160 --> 00:55:42,839
Speaker 11: To send them off. And tomorrow night running out next.

1044
00:55:42,719 --> 00:55:51,040
Speaker 4: One, it is time for the sports huddle and joining

1045
00:55:51,080 --> 00:55:54,600
Speaker 4: us tonight is Clay Wilson, News Talk ZB sports news

1046
00:55:54,719 --> 00:55:58,240
Speaker 4: director and Alex Powell ins It Held Online Sports editor.

1047
00:55:58,280 --> 00:55:59,280
Speaker 4: Welcome to you both.

1048
00:56:00,080 --> 00:56:02,399
Speaker 1: Creating Francesca who introduced.

1049
00:56:02,760 --> 00:56:04,840
Speaker 4: Who's getting up at one am on Sunday morning to

1050
00:56:04,880 --> 00:56:06,240
Speaker 4: watch the America's cap.

1051
00:56:06,680 --> 00:56:08,960
Speaker 11: Well, I I heard you won't be I've already heard

1052
00:56:09,000 --> 00:56:10,080
Speaker 11: that this afternoon, I.

1053
00:56:10,040 --> 00:56:12,520
Speaker 4: Will watch it, and I will watch it. I'll get up,

1054
00:56:12,560 --> 00:56:13,799
Speaker 4: I won't look at the news and want look at

1055
00:56:13,840 --> 00:56:15,960
Speaker 4: my phone, and I will watch it and very much

1056
00:56:16,040 --> 00:56:18,320
Speaker 4: enjoy it. In a pre recorded manner.

1057
00:56:19,000 --> 00:56:21,600
Speaker 20: Yeah, well I heard what Plenty said is that maybe

1058
00:56:21,640 --> 00:56:23,359
Speaker 20: a lot of people will and I feel like I'm

1059
00:56:23,400 --> 00:56:27,080
Speaker 20: in this boat. Is maybe see you get up in

1060
00:56:27,120 --> 00:56:29,560
Speaker 20: the morning and watch those replays check in with that.

1061
00:56:29,640 --> 00:56:31,560
Speaker 11: But then when it gets to the pointing if it starts.

1062
00:56:31,320 --> 00:56:34,000
Speaker 20: To get close, then maybe I'll drag myself out of

1063
00:56:34,040 --> 00:56:36,960
Speaker 20: bed or pull the phone up in bed, you know,

1064
00:56:37,000 --> 00:56:39,040
Speaker 20: and watch watch it live at that time in the morning.

1065
00:56:39,080 --> 00:56:41,680
Speaker 20: But it will be interesting to see how many kiwis

1066
00:56:41,719 --> 00:56:43,759
Speaker 20: get in and around it, given it's not on our

1067
00:56:43,760 --> 00:56:44,680
Speaker 20: shores this time around.

1068
00:56:45,880 --> 00:56:48,840
Speaker 4: Yeah, I think the races need to be close, don't they, Alex.

1069
00:56:48,880 --> 00:56:50,399
Speaker 4: They need to be close to draw people in.

1070
00:56:51,880 --> 00:56:54,439
Speaker 22: I mean, I think Clay's got it, like absolutely right there.

1071
00:56:54,760 --> 00:56:57,280
Speaker 22: Kiwis will get behind it if it's close. But also

1072
00:56:57,320 --> 00:56:59,040
Speaker 22: if team's on, get up and win a few races.

1073
00:57:00,160 --> 00:57:02,799
Speaker 4: That simple, okay, So that's what they have to do

1074
00:57:03,040 --> 00:57:05,040
Speaker 4: if they want us on board. They've just got to.

1075
00:57:05,000 --> 00:57:08,480
Speaker 22: Well we've been going back and forth over this Barcelona

1076
00:57:08,520 --> 00:57:11,279
Speaker 22: thing for a few years now. Everything that needs to

1077
00:57:11,280 --> 00:57:13,359
Speaker 22: be said has been said. So once they're out there,

1078
00:57:13,360 --> 00:57:14,839
Speaker 22: and if they weren't a few, then everyone will get

1079
00:57:14,880 --> 00:57:16,320
Speaker 22: on board. I think that is that symbol.

1080
00:57:16,440 --> 00:57:18,200
Speaker 4: Yeah, I think it is. And the other thing too

1081
00:57:18,280 --> 00:57:20,400
Speaker 4: is I think that ANYOSS I wouldn't be surprised did

1082
00:57:20,400 --> 00:57:22,240
Speaker 4: they take out the first two races. Just because they've

1083
00:57:22,240 --> 00:57:25,240
Speaker 4: been racing so consistently, there'll be sharper on their starts,

1084
00:57:25,480 --> 00:57:27,200
Speaker 4: I reckon it. We just it might take as little

1085
00:57:27,200 --> 00:57:29,240
Speaker 4: while to get rolling clay. What do you reckon?

1086
00:57:30,080 --> 00:57:30,880
Speaker 11: Yeah, potentially.

1087
00:57:30,920 --> 00:57:32,640
Speaker 20: I mean obviously, Tim New Zealand got to race in

1088
00:57:32,680 --> 00:57:37,000
Speaker 20: the early part of the time in Barcelona that preliminary regatta,

1089
00:57:37,240 --> 00:57:38,919
Speaker 20: so they did get a few of racing under their belt.

1090
00:57:38,960 --> 00:57:41,280
Speaker 20: But of course these other teams have been going head

1091
00:57:41,280 --> 00:57:43,680
Speaker 20: to head for the last two or three weeks now,

1092
00:57:43,800 --> 00:57:47,360
Speaker 20: so I mean there's nothing like a bit of match fitness.

1093
00:57:46,960 --> 00:57:47,560
Speaker 16: So to speak.

1094
00:57:47,680 --> 00:57:49,440
Speaker 11: So we may see something like that.

1095
00:57:49,520 --> 00:57:51,760
Speaker 20: But I think it's pretty widely regarded that Team New

1096
00:57:51,840 --> 00:57:54,160
Speaker 20: Zealand have a fast boat and you know we're the

1097
00:57:54,200 --> 00:57:57,360
Speaker 20: team to chase in that preliminary regatta. So it'll be

1098
00:57:57,360 --> 00:57:59,200
Speaker 20: interesting just to see how much ANYOS has closed the

1099
00:57:59,200 --> 00:58:01,160
Speaker 20: gap and how much they're That kind of match fitness

1100
00:58:01,160 --> 00:58:01,840
Speaker 20: plays into it.

1101
00:58:02,200 --> 00:58:06,400
Speaker 4: Alex Shawn Johnson's back, I know, how good is it?

1102
00:58:06,480 --> 00:58:06,680
Speaker 1: Good?

1103
00:58:06,680 --> 00:58:09,160
Speaker 22: Would have been great. See well, I mean yes and no.

1104
00:58:09,320 --> 00:58:11,959
Speaker 22: The narrative's great that Sean Johnson gets to potentially sign

1105
00:58:11,960 --> 00:58:13,600
Speaker 22: off on a HiPE. But I mean the worrying thing

1106
00:58:13,720 --> 00:58:16,439
Speaker 22: is just the Kewis don't have any other halves.

1107
00:58:18,120 --> 00:58:22,320
Speaker 4: When you put it like that, Clay.

1108
00:58:21,160 --> 00:58:23,240
Speaker 20: Yeah, well, I mean that's pretty much what it got to,

1109
00:58:23,280 --> 00:58:26,160
Speaker 20: and it was looking pretty dire, you know, like in

1110
00:58:26,200 --> 00:58:27,680
Speaker 20: the latter part of the season when a few people

1111
00:58:27,720 --> 00:58:30,040
Speaker 20: started to fall over and we all had our hopes

1112
00:58:30,080 --> 00:58:32,480
Speaker 20: pinned on Jerome Hughes and then of course played in

1113
00:58:32,520 --> 00:58:34,800
Speaker 20: the Grand Final and now has been ruled out.

1114
00:58:34,920 --> 00:58:37,280
Speaker 11: So like Alex, he is a great narrative. I mean,

1115
00:58:37,520 --> 00:58:38,720
Speaker 11: I'm a Sean Johnson fan.

1116
00:58:38,760 --> 00:58:40,320
Speaker 20: I love what he's done for the Warriors and what

1117
00:58:40,360 --> 00:58:43,120
Speaker 20: he's done who he's been throughout his career. Will he

1118
00:58:43,200 --> 00:58:45,440
Speaker 20: be enough to turn what is you know, a really

1119
00:58:46,240 --> 00:58:49,800
Speaker 20: heavily impacted by injury and departures and people going to

1120
00:58:49,840 --> 00:58:53,160
Speaker 20: rugby union in terms of the Kiwi's their squad. I

1121
00:58:53,160 --> 00:58:54,720
Speaker 20: don't know if he'll be enough to perhaps turn it

1122
00:58:54,760 --> 00:58:57,200
Speaker 20: around against the side like Australia, But who knows. I mean,

1123
00:58:57,400 --> 00:59:01,480
Speaker 20: Sewan Johnson has been mercurial times throughout his career and

1124
00:59:01,960 --> 00:59:03,160
Speaker 20: you know what he's done so far.

1125
00:59:03,200 --> 00:59:04,680
Speaker 11: Wouldn't you want to put it against.

1126
00:59:04,440 --> 00:59:06,960
Speaker 20: Him to come in and do something pretty magic for

1127
00:59:07,000 --> 00:59:09,720
Speaker 20: a Kiwis outfit that's missing a number of players.

1128
00:59:09,520 --> 00:59:12,320
Speaker 4: Aside from Johnson Alex, are you happy with the rest

1129
00:59:12,360 --> 00:59:14,000
Speaker 4: of the Kiwi's team.

1130
00:59:15,080 --> 00:59:17,920
Speaker 22: I mean, there are so many players that you look

1131
00:59:17,960 --> 00:59:19,800
Speaker 22: at and go, well, if they were there, that would

1132
00:59:19,840 --> 00:59:21,320
Speaker 22: just make this team a lot better. But I think

1133
00:59:21,360 --> 00:59:23,840
Speaker 22: that is the risk of playing international rugby league. At

1134
00:59:23,840 --> 00:59:25,680
Speaker 22: the end of the NFL season. The NRAL takes up

1135
00:59:25,720 --> 00:59:27,680
Speaker 22: thirty one weeks of the year, so guys are going

1136
00:59:27,680 --> 00:59:30,960
Speaker 22: to get banged up. I think the positive for Kiwis

1137
00:59:30,960 --> 00:59:33,320
Speaker 22: fans here is that Australia in a pretty similar boat.

1138
00:59:33,320 --> 00:59:35,439
Speaker 22: I mean, look, who aren't playing for them just through

1139
00:59:35,480 --> 00:59:38,200
Speaker 22: four man injury. Nathan Cleary's not there daily, Cherry Evers

1140
00:59:38,200 --> 00:59:40,880
Speaker 22: and James Desko being dropped, Jake Taboya which isn't there's

1141
00:59:40,880 --> 00:59:44,040
Speaker 22: that's both state of origin captains there, So you'd say

1142
00:59:44,040 --> 00:59:46,840
Speaker 22: Australia are probably slightly in front in terms of the

1143
00:59:46,880 --> 00:59:49,880
Speaker 22: Pacific Championships. But we saw what this Kiwis team did

1144
00:59:49,920 --> 00:59:50,439
Speaker 22: last year.

1145
00:59:51,000 --> 00:59:52,520
Speaker 4: All right, guys, we're going to take a quick break

1146
00:59:52,520 --> 00:59:53,680
Speaker 4: back with the sports Huddle in.

1147
00:59:53,640 --> 00:59:57,440
Speaker 2: Just a moment, the Friday Sports Huddle with New Zealand

1148
00:59:57,480 --> 01:00:00,840
Speaker 2: Southby's International Realty elevate the market of your home.

1149
01:00:02,080 --> 01:00:04,320
Speaker 4: And on the sports Huddle today I have Clay Wilson

1150
01:00:04,320 --> 01:00:08,560
Speaker 4: and Alex Powell. Guys, how much of Bathhurst do you enjoy? Alex,

1151
01:00:08,600 --> 01:00:09,600
Speaker 4: You'll be a fan, wouldn't you?

1152
01:00:10,760 --> 01:00:11,800
Speaker 1: I'd love Bathurst.

1153
01:00:11,880 --> 01:00:14,600
Speaker 22: I think in motorsport there's only really a handful of

1154
01:00:14,640 --> 01:00:16,640
Speaker 22: great races that you get. So in F one you

1155
01:00:16,640 --> 01:00:19,000
Speaker 22: get the Monaco Grand Prix, Indica, you get the NDY

1156
01:00:19,040 --> 01:00:22,240
Speaker 22: five hundred, NASCAR, the Daytona five hundred, and Bathurst is

1157
01:00:22,240 --> 01:00:24,640
Speaker 22: our one. So I think this is a really good

1158
01:00:24,680 --> 01:00:27,040
Speaker 22: time of year to be a motorsport fan and just

1159
01:00:27,120 --> 01:00:28,320
Speaker 22: park up all weeken.

1160
01:00:28,120 --> 01:00:28,720
Speaker 1: And chuck it on.

1161
01:00:29,160 --> 01:00:32,120
Speaker 4: How much of it is hype, Alex A.

1162
01:00:32,320 --> 01:00:34,280
Speaker 22: I mean a lot of it. But that's the whole point,

1163
01:00:34,400 --> 01:00:37,000
Speaker 22: you know, we need hype for these things because without it,

1164
01:00:37,000 --> 01:00:37,760
Speaker 22: what's the point?

1165
01:00:38,000 --> 01:00:38,400
Speaker 4: You amped?

1166
01:00:38,440 --> 01:00:40,680
Speaker 1: Clay Well, I.

1167
01:00:40,720 --> 01:00:42,240
Speaker 20: Used to watch a lot of Bethists and I used

1168
01:00:42,240 --> 01:00:43,320
Speaker 20: to get a quite off and sit down on the

1169
01:00:43,320 --> 01:00:44,480
Speaker 20: Sunday afternoon and watch it.

1170
01:00:44,560 --> 01:00:46,760
Speaker 11: Probably not much as much though anymore.

1171
01:00:46,760 --> 01:00:48,480
Speaker 20: That's probably more of a stage of life thing, to

1172
01:00:48,600 --> 01:00:52,320
Speaker 20: be honest, But yeah, certainly, I think probably you know,

1173
01:00:52,360 --> 01:00:55,040
Speaker 20: when we had the likes of Scott McLaughlin and Shane

1174
01:00:55,040 --> 01:00:57,720
Speaker 20: BEng Gersberg and you know, going head to head or

1175
01:00:57,720 --> 01:00:58,520
Speaker 20: in the continent for.

1176
01:00:58,520 --> 01:01:01,200
Speaker 11: The championship, probably for you know, your casual KEI we

1177
01:01:01,320 --> 01:01:03,760
Speaker 11: motorsport fan, there was a bit more interest. But I

1178
01:01:03,800 --> 01:01:04,880
Speaker 11: mean it's a great series.

1179
01:01:04,920 --> 01:01:07,880
Speaker 20: It's always super competitive, the coverage is excellent of it.

1180
01:01:08,000 --> 01:01:10,760
Speaker 11: So if you're someone you know who can has.

1181
01:01:10,640 --> 01:01:12,840
Speaker 20: The time to sit down and watch, you will. And

1182
01:01:13,000 --> 01:01:14,560
Speaker 20: you know, I have already spoken to a couple of

1183
01:01:14,560 --> 01:01:17,080
Speaker 20: people this week. You have, you know, parties at their

1184
01:01:17,080 --> 01:01:19,040
Speaker 20: flat planed or parties at their house or you know,

1185
01:01:19,040 --> 01:01:21,680
Speaker 20: sit out on the deck and put a temporary TV

1186
01:01:21,840 --> 01:01:22,959
Speaker 20: up kind of kind of style.

1187
01:01:23,040 --> 01:01:24,360
Speaker 11: So I think it still does happen, and.

1188
01:01:24,320 --> 01:01:26,400
Speaker 20: It is, like Alex says, in our part of the world,

1189
01:01:26,520 --> 01:01:28,400
Speaker 20: something that motorsport fans can really get around.

1190
01:01:29,240 --> 01:01:34,680
Speaker 4: I gave Raffer a very bad rap on his twenty

1191
01:01:34,680 --> 01:01:37,400
Speaker 4: two Grand Slam career earlier in the show when I went, oh,

1192
01:01:37,400 --> 01:01:39,560
Speaker 4: we're losing one of the nice guys. I mean, I

1193
01:01:39,560 --> 01:01:41,760
Speaker 4: think there's a little bit more to his tennis, to

1194
01:01:41,840 --> 01:01:45,200
Speaker 4: Nadal's tennis legacy than just we're losing. You know, obviously

1195
01:01:45,200 --> 01:01:47,000
Speaker 4: part of the big three. Someone did remind me about

1196
01:01:47,000 --> 01:01:50,400
Speaker 4: any Murray it was a big form, but maybe what

1197
01:01:50,560 --> 01:01:52,560
Speaker 4: do you see his legacy as Clay.

1198
01:01:53,840 --> 01:01:56,000
Speaker 20: Well, for me, I was thinking about this, and you know,

1199
01:01:56,040 --> 01:01:58,960
Speaker 20: obviously I think it is really a big three. While

1200
01:01:59,000 --> 01:02:00,600
Speaker 20: you know a lot of people loved and you murry

1201
01:02:01,400 --> 01:02:04,120
Speaker 20: to me, it's a big three. You looked at Jokovic

1202
01:02:04,280 --> 01:02:08,240
Speaker 20: and feder they sort of people that some people loved,

1203
01:02:08,240 --> 01:02:10,400
Speaker 20: some people didn't love so much, especially in the case

1204
01:02:10,440 --> 01:02:12,680
Speaker 20: of Jokovic, and I feel like Nadal was probably the

1205
01:02:12,760 --> 01:02:15,240
Speaker 20: one in the middle that everyone kind of liked.

1206
01:02:15,280 --> 01:02:17,960
Speaker 11: And I don't know too many people that really were.

1207
01:02:17,840 --> 01:02:20,920
Speaker 20: Tennis fans or sports fans that didn't like Rapha Nadal

1208
01:02:20,960 --> 01:02:22,560
Speaker 20: in terms of what he was as a tennis player,

1209
01:02:22,600 --> 01:02:26,560
Speaker 20: but also just his personality such like a dogged, determined

1210
01:02:26,720 --> 01:02:29,120
Speaker 20: athlete who you know, you really got the best out

1211
01:02:29,160 --> 01:02:29,760
Speaker 20: of his talents.

1212
01:02:29,760 --> 01:02:31,480
Speaker 11: And while he was incredibly talented, to.

1213
01:02:31,520 --> 01:02:33,800
Speaker 20: Compete in that era, you know, you had to have

1214
01:02:33,840 --> 01:02:37,120
Speaker 20: other attributes and that's what that that was his was

1215
01:02:37,120 --> 01:02:40,240
Speaker 20: to be just so determined get every single ball back

1216
01:02:40,240 --> 01:02:42,960
Speaker 20: and chase everything down. So you know, I think, you know,

1217
01:02:43,080 --> 01:02:47,040
Speaker 20: it's very firmly among that three as players that will

1218
01:02:47,040 --> 01:02:48,440
Speaker 20: be remembered forever in that sport.

1219
01:02:48,560 --> 01:02:50,480
Speaker 4: That was clearly an issue with my tennis. If it

1220
01:02:50,520 --> 01:02:52,880
Speaker 4: was a bit too far away, just really couldn't be bothered.

1221
01:02:52,920 --> 01:02:54,960
Speaker 4: Alex thoughts on Nadhal.

1222
01:02:56,960 --> 01:02:58,800
Speaker 22: I really echo a lot of what Clay said. I

1223
01:02:58,840 --> 01:03:01,040
Speaker 22: think the big thing about and the big thing about

1224
01:03:01,080 --> 01:03:03,240
Speaker 22: sport in that regard is you need the rivalries. And

1225
01:03:03,280 --> 01:03:05,400
Speaker 22: for a lot of time it was Federer v. Nadal,

1226
01:03:05,520 --> 01:03:08,800
Speaker 22: they were doing it against each other before Jokovic came along,

1227
01:03:08,840 --> 01:03:10,920
Speaker 22: and obviously, like to be honest, when it came when

1228
01:03:10,920 --> 01:03:12,520
Speaker 22: I saw the news that he'd retired, in my head,

1229
01:03:12,520 --> 01:03:15,600
Speaker 22: I thought, didn't already retire because he does feel like

1230
01:03:15,760 --> 01:03:18,720
Speaker 22: he's just been injured for about ten years now, retired,

1231
01:03:19,440 --> 01:03:21,920
Speaker 22: his body retired, but always good to get out there

1232
01:03:21,960 --> 01:03:23,600
Speaker 22: and get those last paychecks why you can.

1233
01:03:24,200 --> 01:03:29,080
Speaker 4: But no, I mean, that's crol. Alex already think I

1234
01:03:29,080 --> 01:03:30,479
Speaker 4: don't know if it wre man. You know, he hasn't

1235
01:03:30,480 --> 01:03:31,840
Speaker 4: played that much in the last few year because he

1236
01:03:31,840 --> 01:03:34,440
Speaker 4: had the hip operation of various things. But I don't know,

1237
01:03:34,440 --> 01:03:35,880
Speaker 4: you should be allowed to put the time. I don't

1238
01:03:35,880 --> 01:03:37,760
Speaker 4: feel like he was out there trying to turn up

1239
01:03:37,800 --> 01:03:39,200
Speaker 4: when he couldn't perform.

1240
01:03:39,480 --> 01:03:41,000
Speaker 22: Well, when was the last time he won anything?

1241
01:03:44,920 --> 01:03:49,800
Speaker 4: Yeah, I'll just google that. Yeah, exactly, all right, point made,

1242
01:03:49,880 --> 01:03:52,720
Speaker 4: point made anyway, I still feel like we're losing one

1243
01:03:52,720 --> 01:03:56,080
Speaker 4: of the lovely ones staying with tennis though, when Woden

1244
01:03:56,400 --> 01:03:58,880
Speaker 4: is moving to the electronic line umpiring. That was the

1245
01:03:58,920 --> 01:04:01,280
Speaker 4: other sort of big news week, which is really just

1246
01:04:01,320 --> 01:04:03,760
Speaker 4: a sort of a you know, you just have to

1247
01:04:03,760 --> 01:04:05,520
Speaker 4: get over a bit of tradition really. I mean, it's

1248
01:04:05,520 --> 01:04:07,640
Speaker 4: what most of the Grand Slams do, isn't it Clay?

1249
01:04:08,640 --> 01:04:11,080
Speaker 20: Yeah, and you know what Like in terms of technology

1250
01:04:11,120 --> 01:04:14,600
Speaker 20: and sport, I've certainly been someone who's been a critic

1251
01:04:14,640 --> 01:04:16,440
Speaker 20: of some of it and is still not a big fan,

1252
01:04:16,520 --> 01:04:19,080
Speaker 20: especially in the likes of rugby and cricket. But I

1253
01:04:19,080 --> 01:04:21,880
Speaker 20: think tennis, you know, the sport lends itself to it

1254
01:04:21,920 --> 01:04:23,600
Speaker 20: a bit because you know, the balls in and out,

1255
01:04:23,640 --> 01:04:25,680
Speaker 20: but the way they do it, the speed they do

1256
01:04:25,760 --> 01:04:29,560
Speaker 20: it with to have one of the majors not using it,

1257
01:04:29,600 --> 01:04:31,120
Speaker 20: and I know the French Open doesn't use it, but

1258
01:04:31,120 --> 01:04:33,800
Speaker 20: of course we have the clay which can define that.

1259
01:04:33,920 --> 01:04:35,920
Speaker 20: It makes it a bit easier and I think it

1260
01:04:36,040 --> 01:04:38,360
Speaker 20: just makes sense, doesn't it. Like it's been around for

1261
01:04:38,400 --> 01:04:40,600
Speaker 20: so long and all the other tennis tournaments and all

1262
01:04:40,600 --> 01:04:41,040
Speaker 20: the other.

1263
01:04:40,920 --> 01:04:44,760
Speaker 11: Majors that you know, it's sad to lose the tradition.

1264
01:04:44,880 --> 01:04:46,320
Speaker 11: I'm a purist of sport as well.

1265
01:04:46,320 --> 01:04:48,440
Speaker 20: It is a bit sad in that sense, but I

1266
01:04:48,480 --> 01:04:50,600
Speaker 20: think it's, you know, a logical decision at the end

1267
01:04:50,600 --> 01:04:53,720
Speaker 20: of the day, you know, for a massive, massive sporting event.

1268
01:04:53,880 --> 01:04:56,040
Speaker 4: Thank you both very much for joining me on the huddle.

1269
01:04:56,040 --> 01:04:58,360
Speaker 4: That was Clay Wilson and Alex Powell. It is a

1270
01:04:58,520 --> 01:05:00,360
Speaker 4: six to six on.

1271
01:05:00,440 --> 01:05:03,080
Speaker 2: Your smart speaker, on the iHeart app and in your

1272
01:05:03,120 --> 01:05:06,440
Speaker 2: car on your drive home. Heather duple c Allen drive

1273
01:05:06,920 --> 01:05:10,560
Speaker 2: with one New Zealand one Giant Leap for Business News

1274
01:05:10,640 --> 01:05:11,480
Speaker 2: Talk Zebby.

1275
01:05:12,280 --> 01:05:14,200
Speaker 4: Thank you very much for your feedback. Francesca. People are

1276
01:05:14,240 --> 01:05:16,520
Speaker 4: overlooking that Team New Zealand was out on the water,

1277
01:05:16,640 --> 01:05:18,560
Speaker 4: racing up and down outside the course during the Louis

1278
01:05:18,600 --> 01:05:21,200
Speaker 4: Vuitton Cup. I was there in Barcelona and watched them.

1279
01:05:21,280 --> 01:05:23,440
Speaker 4: Cunning strategy that got out in the same conditions and

1280
01:05:23,440 --> 01:05:25,640
Speaker 4: tested themselves. Very good to know I thought it was

1281
01:05:25,720 --> 01:05:27,520
Speaker 4: very strange the way that they also were in the

1282
01:05:27,720 --> 01:05:30,800
Speaker 4: very first was it the Challengers Cup that was the

1283
01:05:30,960 --> 01:05:33,720
Speaker 4: very first one that began like a month ago. They

1284
01:05:33,760 --> 01:05:35,720
Speaker 4: also raced in that, so they sort of they've had

1285
01:05:35,760 --> 01:05:40,680
Speaker 4: an opportunity to sort of, you know, eye up the competition.

1286
01:05:43,360 --> 01:05:47,040
Speaker 4: Regarding the migration numbers, how much impact has the many

1287
01:05:47,160 --> 01:05:49,680
Speaker 4: many who returned to New Zealand during COVID lockdowns around

1288
01:05:49,720 --> 01:05:51,840
Speaker 4: the world, a number came home. How many of them

1289
01:05:51,880 --> 01:05:53,920
Speaker 4: decided to head back out there again? Thank you? Well,

1290
01:05:53,960 --> 01:05:55,840
Speaker 4: I think that's a really good question. I think there

1291
01:05:55,840 --> 01:05:59,280
Speaker 4: were probably quite a few who did that. And also

1292
01:05:59,320 --> 01:06:01,320
Speaker 4: Bruce Texas when she scrid love to know how many

1293
01:06:01,360 --> 01:06:03,439
Speaker 4: people live in New Zealand were immigrants who came here

1294
01:06:04,520 --> 01:06:07,520
Speaker 4: to get a better education and get New Zealand citizenship

1295
01:06:07,560 --> 01:06:10,160
Speaker 4: to make it easier to get into countries like Australia. Yeah,

1296
01:06:10,160 --> 01:06:11,960
Speaker 4: I hear that that is quite common. People come and

1297
01:06:12,000 --> 01:06:14,760
Speaker 4: work here, they get the qualification and then head off

1298
01:06:14,760 --> 01:06:17,880
Speaker 4: to Ozzie. So unfortunately that is happening in certain sectors

1299
01:06:17,920 --> 01:06:22,919
Speaker 4: as well. Thanks for the feedback, Keep it coming. Next hour,

1300
01:06:23,720 --> 01:06:27,080
Speaker 4: we are going to take a look at inflation. It's

1301
01:06:27,120 --> 01:06:29,680
Speaker 4: finally easing across the board, so we will cover that

1302
01:06:29,720 --> 01:06:33,240
Speaker 4: off with ASB Senior economist you with NEWSOOKZB.

1303
01:06:38,040 --> 01:06:39,080
Speaker 1: Deeping track of where.

1304
01:06:38,960 --> 01:06:42,600
Speaker 2: The money is glowing with the Business Hour with Francesca

1305
01:06:42,680 --> 01:06:45,640
Speaker 2: Rougian and my hr on News Talks EDB.

1306
01:06:47,680 --> 01:06:49,880
Speaker 4: It is seven pass six. Good to have you with us.

1307
01:06:49,880 --> 01:06:51,440
Speaker 4: Coming up this hour, we're going to talk to an

1308
01:06:51,480 --> 01:06:55,960
Speaker 4: international geopolitical analyst about the significance of a prime minister

1309
01:06:55,960 --> 01:06:59,280
Speaker 4: for Christopher Luxon and his meeting with the Indian Prime Minister.

1310
01:07:00,000 --> 01:07:01,960
Speaker 4: One New Zealand has been given the go ahead to

1311
01:07:02,000 --> 01:07:06,120
Speaker 4: start testing their Starlink satellite to mobile service here, so

1312
01:07:06,120 --> 01:07:08,680
Speaker 4: we're going to find out when that might become available,

1313
01:07:08,720 --> 01:07:10,800
Speaker 4: and of course we will head to the UK and

1314
01:07:10,880 --> 01:07:14,200
Speaker 4: talk to Gavin Gray near the end of the hour.

1315
01:07:14,400 --> 01:07:18,480
Speaker 4: Right inflation appears to be easing, although some costs are

1316
01:07:18,520 --> 01:07:21,840
Speaker 4: continuing to search. The latest figures from Stats New Zealand

1317
01:07:21,880 --> 01:07:24,880
Speaker 4: show petrol is fourteen point nine percent cheaper than a

1318
01:07:24,920 --> 01:07:28,320
Speaker 4: year ago, and food prices rose one point two percent.

1319
01:07:28,640 --> 01:07:31,840
Speaker 4: Fruit and veggie is eight point three percent cheaper, but

1320
01:07:32,040 --> 01:07:36,520
Speaker 4: olive oil is fifty eight percent price here man is it? Ever?

1321
01:07:36,880 --> 01:07:41,160
Speaker 4: While butter chocolate, biscuits and alcohol have also been getting dearer,

1322
01:07:41,480 --> 01:07:45,800
Speaker 4: asb Senior economist Mark Smith joins me. Now, good evening, Mark,

1323
01:07:45,840 --> 01:07:46,360
Speaker 4: how are you doing?

1324
01:07:46,800 --> 01:07:47,360
Speaker 21: Good evening?

1325
01:07:47,440 --> 01:07:47,640
Speaker 16: Good?

1326
01:07:47,680 --> 01:07:47,919
Speaker 21: Thanks?

1327
01:07:47,920 --> 01:07:48,680
Speaker 8: How are you a bit of.

1328
01:07:48,680 --> 01:07:51,439
Speaker 4: A mixed bag? There isn't it? Some highs and lows? Yes?

1329
01:07:52,080 --> 01:07:55,120
Speaker 4: Are we seeing though signs inflation is getting under control.

1330
01:07:56,120 --> 01:07:58,960
Speaker 21: Yes, yeah, there are welcome signs of that happening. But

1331
01:07:59,040 --> 01:08:01,320
Speaker 21: as you said, this quite a lot of variation. But

1332
01:08:01,560 --> 01:08:03,920
Speaker 21: really what we've done to see is the general tendency

1333
01:08:04,040 --> 01:08:08,200
Speaker 21: for price increases is slowing and that is really encouraging.

1334
01:08:08,280 --> 01:08:11,280
Speaker 21: Two households have really been under the cosh over the

1335
01:08:11,320 --> 01:08:12,120
Speaker 21: last few years.

1336
01:08:12,280 --> 01:08:14,400
Speaker 4: So what are still the biggest drivers of inflation.

1337
01:08:15,880 --> 01:08:17,640
Speaker 21: Well, really, when you look at it, you've got the

1338
01:08:18,520 --> 01:08:22,160
Speaker 21: external environment. So as you see, petrol prices fell in

1339
01:08:22,200 --> 01:08:25,560
Speaker 21: the quarter and that's likely to bear a major contributed

1340
01:08:25,640 --> 01:08:29,240
Speaker 21: towards falling external prices that we expect for the year,

1341
01:08:29,360 --> 01:08:31,800
Speaker 21: so down around one and a half percent. But on

1342
01:08:31,840 --> 01:08:35,360
Speaker 21: the other side, the domestic component of inflation remains elevated

1343
01:08:35,360 --> 01:08:39,320
Speaker 21: at around five percent. Now, looking at those certain areas,

1344
01:08:39,439 --> 01:08:43,000
Speaker 21: there are some welcome signs things like construction cost inflation

1345
01:08:43,080 --> 01:08:46,439
Speaker 21: should sharply fall in the quarter, but Unfortunately, there are

1346
01:08:46,439 --> 01:08:49,680
Speaker 21: a lot of cost increases. Things like local authority rates

1347
01:08:49,720 --> 01:08:53,320
Speaker 21: and insurance will keep that domestic in placement rate high.

1348
01:08:53,439 --> 01:08:56,240
Speaker 4: Will they also to help ease any of this? I'm

1349
01:08:56,360 --> 01:08:58,360
Speaker 4: sort of thinking about rents and things.

1350
01:08:59,600 --> 01:09:02,720
Speaker 21: Really, the OCR is responding to the inflation rate rather

1351
01:09:02,720 --> 01:09:05,000
Speaker 21: than the other way around. But what we are seeing

1352
01:09:05,040 --> 01:09:08,200
Speaker 21: now is as the economy is calling inflationary pressures are

1353
01:09:08,200 --> 01:09:11,280
Speaker 21: starting the call and as a result, the OCR is

1354
01:09:11,360 --> 01:09:14,679
Speaker 21: moving lower. Now at four point seventy five percent, it's

1355
01:09:14,720 --> 01:09:18,320
Speaker 21: still pretty much on the tighter side of neutral, which

1356
01:09:18,360 --> 01:09:21,799
Speaker 21: is around three to four percent, but encouragingly, it's starting

1357
01:09:21,800 --> 01:09:22,519
Speaker 21: to move lower.

1358
01:09:22,960 --> 01:09:25,919
Speaker 4: Okay, what do you think this means for the CPI

1359
01:09:26,040 --> 01:09:27,000
Speaker 4: next Wednesday?

1360
01:09:28,360 --> 01:09:31,360
Speaker 21: We expect a two point two percent and increase, but

1361
01:09:31,439 --> 01:09:33,760
Speaker 21: as you said, there's quite a lot of variation, but

1362
01:09:33,920 --> 01:09:36,880
Speaker 21: we do expect signs there to really confirm that the

1363
01:09:36,960 --> 01:09:41,280
Speaker 21: central kndcien price increases is falling, core inflation is falling,

1364
01:09:41,520 --> 01:09:43,640
Speaker 21: and as a result, the official cash rate needs to

1365
01:09:43,680 --> 01:09:44,120
Speaker 21: move lower.

1366
01:09:44,120 --> 01:09:47,679
Speaker 4: From here, would you be happy with that two point

1367
01:09:47,680 --> 01:09:49,760
Speaker 4: two percent increase? What would you like to see?

1368
01:09:49,800 --> 01:09:53,160
Speaker 21: Again? Again, the lower the better. It would depend on

1369
01:09:53,200 --> 01:09:56,360
Speaker 21: the composition, But really, what we're seeing it's the reserve

1370
01:09:56,439 --> 01:10:00,280
Speaker 21: bank if worked hard. But as a result, inflation is

1371
01:10:00,320 --> 01:10:03,320
Speaker 21: certainly calling. So as a result, we expect at least

1372
01:10:03,320 --> 01:10:05,680
Speaker 21: the fifty basis point cup in the official cash rate

1373
01:10:05,800 --> 01:10:06,400
Speaker 21: in November.

1374
01:10:07,400 --> 01:10:09,679
Speaker 4: Yeah, we sort of we're just sort of we're edging

1375
01:10:09,760 --> 01:10:12,000
Speaker 4: along and now we're taking quite big leaps with the

1376
01:10:12,040 --> 01:10:15,680
Speaker 4: ocr aren't we. Do you think that will continue?

1377
01:10:16,479 --> 01:10:18,920
Speaker 21: I think until we get to sort of more neutral levels.

1378
01:10:19,080 --> 01:10:21,200
Speaker 21: So at the moment, the OCA is at four point

1379
01:10:21,280 --> 01:10:24,639
Speaker 21: seventy five percent if you like the Goldilocks zones, you know,

1380
01:10:24,680 --> 01:10:27,120
Speaker 21: three to four percent, So they need to move it

1381
01:10:27,320 --> 01:10:31,080
Speaker 21: pretty quickly now with evidence inflation is pretty much you know,

1382
01:10:31,160 --> 01:10:34,360
Speaker 21: it's been beaten. The inflation beef has been beaten. Never

1383
01:10:34,439 --> 01:10:37,960
Speaker 21: say never, but signs is certainly encouraging. So as a

1384
01:10:38,000 --> 01:10:40,240
Speaker 21: result they need to really take the foot off the

1385
01:10:40,240 --> 01:10:44,639
Speaker 21: brake pedal and move into neutral. Unfortunately, if the economy

1386
01:10:44,640 --> 01:10:47,080
Speaker 21: really weakens, they might need to actually put the foot

1387
01:10:47,120 --> 01:10:49,800
Speaker 21: on the accelerator and that means the official cash rate

1388
01:10:49,840 --> 01:10:50,759
Speaker 21: lower than three percent.

1389
01:10:51,080 --> 01:10:52,760
Speaker 4: Okay, oh, look good to talk to you. Thank you

1390
01:10:52,840 --> 01:10:54,600
Speaker 4: very much Mark for talking us through that. That was

1391
01:10:54,640 --> 01:10:59,479
Speaker 4: asb Senior economist Mark Smith, it is eleven past six.

1392
01:10:59,520 --> 01:11:02,320
Speaker 4: You wouldn't talks EDB crinching.

1393
01:11:01,960 --> 01:11:04,920
Speaker 2: The numbers and getting the results. It's head dup to

1394
01:11:05,000 --> 01:11:08,240
Speaker 2: c Ellen with the Business Hour. Thanks to my HR,

1395
01:11:08,479 --> 01:11:11,360
Speaker 2: the HR platform for SME on news talks EDB.

1396
01:11:12,760 --> 01:11:15,080
Speaker 4: Maria has texted me and thank you very much for

1397
01:11:15,080 --> 01:11:15,479
Speaker 4: texting me.

1398
01:11:15,560 --> 01:11:15,880
Speaker 14: Maria.

1399
01:11:15,960 --> 01:11:18,479
Speaker 4: I'm going back to the sports huddle here just before

1400
01:11:18,520 --> 01:11:21,160
Speaker 4: the news and we were talking about Nadala and how

1401
01:11:21,200 --> 01:11:24,280
Speaker 4: he is retiring at the end of the year and things,

1402
01:11:24,479 --> 01:11:26,160
Speaker 4: and there was a bit of a snide comment about well,

1403
01:11:26,160 --> 01:11:28,439
Speaker 4: wen did he One of my contributors said, well when

1404
01:11:28,439 --> 01:11:31,240
Speaker 4: did he win something last? And Maria has just made

1405
01:11:31,240 --> 01:11:33,800
Speaker 4: the point. Only two years ago, twenty twenty two, he

1406
01:11:33,840 --> 01:11:36,559
Speaker 4: won the French Open. So thank you very much for

1407
01:11:36,600 --> 01:11:38,320
Speaker 4: pointing that out. We deserve a bit of a serve

1408
01:11:38,439 --> 01:11:40,680
Speaker 4: for that. You'd think that miss sports Huddle would know that,

1409
01:11:41,400 --> 01:11:44,320
Speaker 4: but you know, here we go just giving a bit

1410
01:11:44,320 --> 01:11:48,599
Speaker 4: of kudos back to nadal There right a step forward

1411
01:11:48,640 --> 01:11:52,200
Speaker 4: for New Zealand's relations with India. The Prime Minister Christopher

1412
01:11:52,280 --> 01:11:55,439
Speaker 4: Luxen is in last for the East Asia Summit, where

1413
01:11:55,479 --> 01:11:59,920
Speaker 4: today he met with India's Prime Minister Nerendi Modi who

1414
01:12:00,000 --> 01:12:02,799
Speaker 4: invited him to visit India in the new year. Luxon

1415
01:12:02,880 --> 01:12:05,600
Speaker 4: says New Zealand's relationship with India is moving in the

1416
01:12:05,640 --> 01:12:08,040
Speaker 4: right direction, with the two discussing trade in other ways

1417
01:12:08,040 --> 01:12:11,840
Speaker 4: to work together pre election national pledge to secure a

1418
01:12:11,880 --> 01:12:15,200
Speaker 4: free trade deal with India. But this is the first

1419
01:12:15,439 --> 01:12:19,480
Speaker 4: face to face the prime ministers have had. International geopolitical

1420
01:12:19,479 --> 01:12:23,040
Speaker 4: analyst Jeffrey Miller joins me now on this good evening, Jeffrey.

1421
01:12:23,680 --> 01:12:26,000
Speaker 16: Good evening, Franchester, What what have they.

1422
01:12:25,920 --> 01:12:27,559
Speaker 4: Talked about in this meeting?

1423
01:12:29,280 --> 01:12:31,400
Speaker 16: Look, I think this is the first safe to safe meeting,

1424
01:12:31,560 --> 01:12:34,360
Speaker 16: so it will be very much getting to know each

1425
01:12:34,400 --> 01:12:37,920
Speaker 16: other and just setting the ground for that visit by

1426
01:12:38,120 --> 01:12:41,559
Speaker 16: Christopher Luxan to Indiana which is going to come early

1427
01:12:41,600 --> 01:12:43,120
Speaker 16: next year. So I guess that was the real win

1428
01:12:43,280 --> 01:12:45,720
Speaker 16: to come out of this meeting, the confirmation of an

1429
01:12:45,720 --> 01:12:48,679
Speaker 16: invitation to visit India for Christopher Luxen.

1430
01:12:49,320 --> 01:12:52,160
Speaker 4: It's really just an opportunity to say, yes, we'd be

1431
01:12:52,200 --> 01:12:56,040
Speaker 4: happy to have some conversations in the future, isn't it Jeffrey.

1432
01:12:57,360 --> 01:13:00,439
Speaker 16: Essentially, yes, it's the beginning of the conversation. A free

1433
01:13:00,520 --> 01:13:03,280
Speaker 16: trade deal is a very long way away. This is

1434
01:13:03,320 --> 01:13:05,719
Speaker 16: a marathon, not a sprint when it comes to India.

1435
01:13:05,720 --> 01:13:08,200
Speaker 16: I mean, Christopher Luxen is right to focus on India

1436
01:13:08,200 --> 01:13:11,160
Speaker 16: as one of his foreign policy priorities. He makes the

1437
01:13:11,200 --> 01:13:12,920
Speaker 16: point that India is going to be the third biggest

1438
01:13:12,960 --> 01:13:16,880
Speaker 16: economy by twenty thirty. It's already the world's most populous nation.

1439
01:13:17,000 --> 01:13:20,280
Speaker 16: It's the leader arguably of the global South. So yes,

1440
01:13:20,320 --> 01:13:23,000
Speaker 16: India should absolutely be in the mix. At the same time,

1441
01:13:24,280 --> 01:13:26,600
Speaker 16: India's the two way trade that New Zealand has with

1442
01:13:26,640 --> 01:13:29,759
Speaker 16: India is less than ten percent of what New Zealand

1443
01:13:29,800 --> 01:13:32,360
Speaker 16: has with China, and that's a relationship which is hugely

1444
01:13:32,360 --> 01:13:36,080
Speaker 16: important to New Zealand. And Yet Christopher Luxen didn't have

1445
01:13:36,120 --> 01:13:41,719
Speaker 16: a meeting with his Chinese counterpart in lass and Winston

1446
01:13:41,760 --> 01:13:45,120
Speaker 16: Peters didn't meet with his Chinese counterpart of the UN

1447
01:13:45,680 --> 01:13:48,479
Speaker 16: a couple of weeks ago, unlike Australia's Penny Wong. So

1448
01:13:48,800 --> 01:13:50,880
Speaker 16: I think that perhaps is a crisis brewing when it

1449
01:13:50,880 --> 01:13:53,880
Speaker 16: comes to New Zealand's engagement or lack thereof, with China,

1450
01:13:54,000 --> 01:13:57,160
Speaker 16: because there's absolutely no visit on the horizon for Christopher

1451
01:13:57,200 --> 01:13:59,920
Speaker 16: Luxe in to China or a visit Eban by wis

1452
01:14:00,040 --> 01:14:02,160
Speaker 16: in Peter's the foreign when to start and we're one

1453
01:14:02,240 --> 01:14:04,439
Speaker 16: year into this government now, I find that quite concerning.

1454
01:14:04,640 --> 01:14:06,240
Speaker 4: Mkay. Do you think that this meeting takes a bit

1455
01:14:06,240 --> 01:14:08,040
Speaker 4: of a focus off our relationship with China.

1456
01:14:09,240 --> 01:14:12,040
Speaker 16: Well, look, it's clear that this government wants to refocus

1457
01:14:12,080 --> 01:14:17,080
Speaker 16: New Zealand's international relations. We've seen the move towards Australia,

1458
01:14:17,160 --> 01:14:19,679
Speaker 16: the United States, the fact that New Zealand is becoming

1459
01:14:19,760 --> 01:14:22,600
Speaker 16: interested in joining Pillar two of August. So that's the

1460
01:14:22,640 --> 01:14:27,120
Speaker 16: context we're operating in, and clearly China is something that

1461
01:14:27,240 --> 01:14:29,479
Speaker 16: is a bit difficult to handle for New Zealand. We

1462
01:14:29,520 --> 01:14:33,400
Speaker 16: had that very positive visit by Lee Chang, the Chinese premier,

1463
01:14:33,479 --> 01:14:36,439
Speaker 16: back in June, but since then, Christopher Luxon has actually

1464
01:14:36,520 --> 01:14:40,240
Speaker 16: taken a fairly hawkish turn, you would say. He attended

1465
01:14:40,320 --> 01:14:43,400
Speaker 16: the NATO summit in July, he gave quite a hawkish

1466
01:14:43,439 --> 01:14:47,519
Speaker 16: speech in to the Lowe Institute in Sydney back in August,

1467
01:14:47,960 --> 01:14:52,080
Speaker 16: and also hiked visa fees. Now that's applied to all nationals,

1468
01:14:52,080 --> 01:14:54,200
Speaker 16: but China is one of our biggest tourism markets and

1469
01:14:54,240 --> 01:14:56,160
Speaker 16: I think they would have taken it as something of

1470
01:14:56,200 --> 01:14:59,479
Speaker 16: a slight given that they provided visa free access to

1471
01:14:59,600 --> 01:15:03,200
Speaker 16: New zeal And Citizens for Tourism at that meeting back

1472
01:15:03,240 --> 01:15:06,200
Speaker 16: in June when Lee Chang, the Chinese premier, came to

1473
01:15:06,240 --> 01:15:08,960
Speaker 16: New Zealand. So I think there's a there's a crisis

1474
01:15:09,000 --> 01:15:11,519
Speaker 16: brewing in some ways with China. I think New Zealand

1475
01:15:11,520 --> 01:15:15,639
Speaker 16: really needs to step up its engagement with China while

1476
01:15:15,800 --> 01:15:19,559
Speaker 16: not overlooking opportunities of the future when it comes to India.

1477
01:15:19,920 --> 01:15:21,680
Speaker 4: And you can do both, right, I mean, you know,

1478
01:15:21,920 --> 01:15:24,000
Speaker 4: as you say, it's always a bit difficult and a

1479
01:15:24,080 --> 01:15:26,320
Speaker 4: fine line dealing with China, but they are an important

1480
01:15:26,320 --> 01:15:28,960
Speaker 4: trade partner and we have to be able to do

1481
01:15:29,040 --> 01:15:31,439
Speaker 4: hard things. Jeffrey, we you can't just.

1482
01:15:31,400 --> 01:15:37,080
Speaker 16: Go on different indeed, and absolutely that the truths here. Look,

1483
01:15:37,560 --> 01:15:39,840
Speaker 16: New Zealand has thirty eight billion dollars worth of two

1484
01:15:39,840 --> 01:15:42,799
Speaker 16: way trade with China. They are our biggest trading partner

1485
01:15:43,160 --> 01:15:45,760
Speaker 16: by far. I find it quite concerning that it was

1486
01:15:45,800 --> 01:15:48,800
Speaker 16: not a priority to meet with Lee Chang at the

1487
01:15:48,960 --> 01:15:53,000
Speaker 16: stage of summit and rebalance New Zealand's relations to some degree.

1488
01:15:53,640 --> 01:15:56,080
Speaker 16: You know, New Zealand's often said that New Zealand places

1489
01:15:56,479 --> 01:16:00,280
Speaker 16: walks as tightrope or has his balancing act, but there's

1490
01:16:00,320 --> 01:16:04,000
Speaker 16: not a lot of balancing up going on At the moment,

1491
01:16:04,040 --> 01:16:07,280
Speaker 16: it seems to be largely one way traffic. New Zealand

1492
01:16:07,360 --> 01:16:11,120
Speaker 16: diversifying its relations away from China. You know, that is

1493
01:16:11,320 --> 01:16:13,240
Speaker 16: a big risk for New Zealand. I think if New

1494
01:16:13,320 --> 01:16:16,160
Speaker 16: Zealand doesn't get its relations with China back on an

1495
01:16:16,160 --> 01:16:19,040
Speaker 16: even keel, you know, at some point there may be

1496
01:16:19,040 --> 01:16:20,760
Speaker 16: some repercussions in New Zealand. Ter faith.

1497
01:16:21,000 --> 01:16:25,280
Speaker 4: Any other outtakes from the summitch that you have diffree well.

1498
01:16:25,360 --> 01:16:28,120
Speaker 16: I thought one comment was really interesting by Christopher Luxon

1499
01:16:28,160 --> 01:16:30,839
Speaker 16: at the media stand up today, and it was he

1500
01:16:30,840 --> 01:16:33,240
Speaker 16: had absolutely no intention of meeting Sergey Lover of the

1501
01:16:33,320 --> 01:16:35,840
Speaker 16: Russian Foreign Minister at the meeting. I think that's really

1502
01:16:35,880 --> 01:16:39,240
Speaker 16: interesting when you look at this wider context of Christopher

1503
01:16:39,280 --> 01:16:43,240
Speaker 16: Luxe and being happy to meet Narendramodi, the Indian Prime Minister,

1504
01:16:43,360 --> 01:16:47,559
Speaker 16: because of course India talks to everyone. India has good

1505
01:16:47,600 --> 01:16:51,360
Speaker 16: relations with Russia, good relations with Western countries overall. I

1506
01:16:51,400 --> 01:16:54,400
Speaker 16: think New Zealand is a small state absolutely has the

1507
01:16:54,439 --> 01:16:57,200
Speaker 16: power to play this role in terms of dialogue, diplomacy,

1508
01:16:57,280 --> 01:17:01,280
Speaker 16: de escalation and actually that thing. It's that helpful to

1509
01:17:01,360 --> 01:17:02,880
Speaker 16: just say I don't want to talk to sege lover

1510
01:17:03,000 --> 01:17:05,680
Speaker 16: of the Russian Foreign Minister. While he's got the opportunity

1511
01:17:05,720 --> 01:17:07,519
Speaker 16: to do so, I think he should and put New

1512
01:17:07,600 --> 01:17:10,640
Speaker 16: Zealand's position when it comes to war in Ukraine and

1513
01:17:10,880 --> 01:17:14,840
Speaker 16: at least have a conversation and keep some dialogue open

1514
01:17:15,200 --> 01:17:18,880
Speaker 16: with Russia while he had the opportunity. I mean, you

1515
01:17:18,880 --> 01:17:21,000
Speaker 16: can argue he shouldn't go out of his way to

1516
01:17:21,000 --> 01:17:23,000
Speaker 16: meet his Russian counterparts, but I think it's a bit

1517
01:17:23,240 --> 01:17:25,240
Speaker 16: it's a bit silly actually, just to say no, I

1518
01:17:25,240 --> 01:17:26,840
Speaker 16: don't want to go and talk to him. I won't

1519
01:17:26,840 --> 01:17:28,080
Speaker 16: talk to him at all while I'm here.

1520
01:17:28,280 --> 01:17:30,800
Speaker 4: Okay, And look, finally, do you think Christopher Laximith's meeting

1521
01:17:30,800 --> 01:17:33,400
Speaker 4: with more global counterparts than Chris Hipkins did? Or it

1522
01:17:33,960 --> 01:17:37,000
Speaker 4: is my memory just fading? Or is it also because

1523
01:17:37,040 --> 01:17:38,679
Speaker 4: he's just so new in the PM seat.

1524
01:17:40,080 --> 01:17:42,240
Speaker 16: Well, I went through the list of his foreign trips

1525
01:17:42,240 --> 01:17:44,960
Speaker 16: this year that Christphluxen has made, and we're up to already.

1526
01:17:44,960 --> 01:17:47,479
Speaker 16: I think trip number eleven. We're just quite you know,

1527
01:17:47,600 --> 01:17:50,639
Speaker 16: I think quite something, or might be over the year

1528
01:17:51,160 --> 01:17:53,320
Speaker 16: since he became Prime Minister, and might include those ones

1529
01:17:53,320 --> 01:17:56,200
Speaker 16: at the end of last year. But either way, that's

1530
01:17:56,200 --> 01:17:59,519
Speaker 16: a significant number of trips, and it's quite clear that

1531
01:17:59,600 --> 01:18:02,920
Speaker 16: Christopher lux And does prioritize international relations and foreign policy.

1532
01:18:02,920 --> 01:18:05,040
Speaker 16: I think that's a good thing for New Zealand. I

1533
01:18:05,040 --> 01:18:07,560
Speaker 16: think it's good that Winston Peters of course is prioritizing

1534
01:18:08,120 --> 01:18:12,000
Speaker 16: traveling as well. He's tried to get to every country

1535
01:18:12,080 --> 01:18:14,679
Speaker 16: in the Pacific Islands for and I think he's managed

1536
01:18:15,600 --> 01:18:19,720
Speaker 16: all of the countries now territories apart from New Caledonia.

1537
01:18:19,840 --> 01:18:22,760
Speaker 16: But I'm sure you'll get there in the coming year.

1538
01:18:23,200 --> 01:18:26,000
Speaker 16: So I think it's very good to prioritize just getting

1539
01:18:26,000 --> 01:18:28,960
Speaker 16: out there, and especially after all that COVID period where

1540
01:18:29,320 --> 01:18:32,639
Speaker 16: New Zealand just wasn't getting out there and traveling enough

1541
01:18:32,680 --> 01:18:35,400
Speaker 16: when it comes to our Prime minister and Foreign minister.

1542
01:18:35,640 --> 01:18:37,880
Speaker 4: Appreciate your thoughts. Jeffrey, really nice to talk to you.

1543
01:18:38,200 --> 01:18:42,320
Speaker 4: And that was international geopolitical analyst Jeffrey Miller. It is

1544
01:18:42,439 --> 01:18:44,559
Speaker 4: twenty one past six years News Talks ZBB.

1545
01:18:45,280 --> 01:18:48,200
Speaker 1: If it's to do with money, it matters to you.

1546
01:18:48,640 --> 01:18:52,040
Speaker 2: The Business Hour with friend Jessica Rudkin and my HR

1547
01:18:52,360 --> 01:18:56,080
Speaker 2: the HR Solution for Fuzzy Smy's Fun News Talk ZB.

1548
01:18:57,040 --> 01:18:59,479
Speaker 4: I thank you very much for your feedback as somebody

1549
01:18:59,520 --> 01:19:03,280
Speaker 4: to make the point if the Prime Minister met, if

1550
01:19:03,280 --> 01:19:06,360
Speaker 4: he did meet with the Russian Minister of the media

1551
01:19:06,400 --> 01:19:09,280
Speaker 4: would have had a field day saying we're supporting Russia

1552
01:19:09,439 --> 01:19:14,639
Speaker 4: in some way. Essentially, if just Sinda durn another text

1553
01:19:14,680 --> 01:19:16,720
Speaker 4: read he's got an invite to visit India, would it

1554
01:19:16,760 --> 01:19:20,080
Speaker 4: be played down? Like hely, India has more potential for

1555
01:19:20,120 --> 01:19:22,800
Speaker 4: growth in China, who we already do a lot with.

1556
01:19:22,840 --> 01:19:24,800
Speaker 4: But I did think that was really interesting. Actually, Jeff,

1557
01:19:24,800 --> 01:19:28,559
Speaker 4: we're just making that comment where you're there. Why wouldn't

1558
01:19:28,560 --> 01:19:32,880
Speaker 4: you make that effort to just, you know, continue that

1559
01:19:32,960 --> 01:19:36,720
Speaker 4: relationship on just gently with China. So that was very

1560
01:19:36,720 --> 01:19:39,320
Speaker 4: interesting to hear his thoughts there. At the end of

1561
01:19:39,320 --> 01:19:42,160
Speaker 4: the hour, we're going to head to the UK to

1562
01:19:42,200 --> 01:19:43,920
Speaker 4: talk to Gavin Gray and I'm really keen to know

1563
01:19:44,320 --> 01:19:47,960
Speaker 4: whether he has read former Prime Minister Boris Johnson's memoir

1564
01:19:48,000 --> 01:19:51,200
Speaker 4: which has just been released today. It's called Unleashed, even

1565
01:19:51,240 --> 01:19:53,559
Speaker 4: though I think he's always unleashed, isn't he. The book

1566
01:19:53,600 --> 01:19:56,040
Speaker 4: covers his time as the London mayor, the Brexit campaigner,

1567
01:19:56,160 --> 01:19:59,080
Speaker 4: foreign secretary and the Prime Minister, and most of the

1568
01:19:59,080 --> 01:20:02,639
Speaker 4: time when a form released as a memoir you generally

1569
01:20:02,680 --> 01:20:05,840
Speaker 4: expect there to be some reflection within it. Apparently this

1570
01:20:05,920 --> 01:20:09,640
Speaker 4: is not the case worth Boris Johnson's book. Apparently he

1571
01:20:09,680 --> 01:20:12,280
Speaker 4: gives his version of all the big episodes, but then

1572
01:20:12,320 --> 01:20:14,639
Speaker 4: he sort of dodges all the large issues they raised.

1573
01:20:14,920 --> 01:20:17,200
Speaker 4: There's no reflection going on there at all. He's just

1574
01:20:17,320 --> 01:20:20,439
Speaker 4: kind of rewriting history to suit his narrative. Anyway, He's

1575
01:20:20,439 --> 01:20:22,040
Speaker 4: been all over the media in the last week selling

1576
01:20:22,080 --> 01:20:23,880
Speaker 4: this book, and he's been making quite a splash for

1577
01:20:23,920 --> 01:20:26,559
Speaker 4: his statements. In the book. He claims the Queen had

1578
01:20:26,600 --> 01:20:30,120
Speaker 4: bone cancer. He wrote, I had no one for a

1579
01:20:30,200 --> 01:20:32,439
Speaker 4: year or more that she had a form of bone

1580
01:20:32,479 --> 01:20:35,200
Speaker 4: cancer in her Doctors will worried that at any time

1581
01:20:35,360 --> 01:20:38,160
Speaker 4: she would enter a sharp decline. He wrote about the

1582
01:20:38,160 --> 01:20:40,879
Speaker 4: final time meeting the late monarch, describing her as stooped

1583
01:20:40,920 --> 01:20:43,560
Speaker 4: and having bruises on her hands from drips or injections.

1584
01:20:44,360 --> 01:20:47,639
Speaker 4: Not usually sure that's respectful for the Queen or whether

1585
01:20:47,680 --> 01:20:49,800
Speaker 4: she would be interested in that information, Begaup. I have

1586
01:20:49,800 --> 01:20:53,320
Speaker 4: no idea whether it's correct or not. This one amused me.

1587
01:20:53,400 --> 01:20:56,920
Speaker 4: He had to have the flat in number ten redecorated

1588
01:20:56,920 --> 01:21:00,200
Speaker 4: when he became Prime Minister because the previous incumbent had

1589
01:21:00,280 --> 01:21:03,840
Speaker 4: left it looking like a crack den. The incumbent was

1590
01:21:03,880 --> 01:21:08,960
Speaker 4: the reason. May probably wouldn't describe to reason they as

1591
01:21:09,000 --> 01:21:12,080
Speaker 4: a crack addict, But then how does Boris know what

1592
01:21:12,120 --> 01:21:15,439
Speaker 4: a crack den looks like? Anyway? Other stories of note

1593
01:21:15,479 --> 01:21:20,439
Speaker 4: that are making the realms. He seemed to have seriously

1594
01:21:20,479 --> 01:21:24,400
Speaker 4: contemplated making a ludicrous armed raid on the Netherlands in

1595
01:21:24,479 --> 01:21:27,679
Speaker 4: order to bring millions of Astrazeneka vaccine doses to Britain.

1596
01:21:28,479 --> 01:21:31,439
Speaker 4: Apparently he almost drowned on holiday in Scotland in summer

1597
01:21:31,479 --> 01:21:34,479
Speaker 4: twenty twenty two because he was determined to sit out

1598
01:21:34,520 --> 01:21:37,479
Speaker 4: at sea in an inflatable kayak to avoid the Highland

1599
01:21:37,520 --> 01:21:42,240
Speaker 4: midg midges. Then he comes super close to implying that

1600
01:21:42,520 --> 01:21:46,360
Speaker 4: Benjamin Netanyahu personally planted a listening device in his private

1601
01:21:47,040 --> 01:21:50,000
Speaker 4: department bathroom. Honestly, it just goes on and on. I'm

1602
01:21:50,000 --> 01:21:51,600
Speaker 4: gonna be honest with you. I'm going to put my

1603
01:21:51,680 --> 01:21:53,599
Speaker 4: name down on list for the library for this because

1604
01:21:53,680 --> 01:21:56,439
Speaker 4: it just we all need to laugh, don't we. And

1605
01:21:56,600 --> 01:21:58,720
Speaker 4: I think that we're going to get one. You're with

1606
01:21:58,880 --> 01:22:00,920
Speaker 4: a new stocks he'dbhades are up.

1607
01:22:00,840 --> 01:22:12,680
Speaker 2: Next crunching the numbers and getting the results. It's Francesca

1608
01:22:12,760 --> 01:22:16,439
Speaker 2: Ruggan with the Business Hour thanks to my HR the

1609
01:22:16,640 --> 01:22:20,040
Speaker 2: HR solution for busy SMS on News Talk ZB.

1610
01:22:20,360 --> 01:22:34,920
Speaker 4: You know it is twenty five two seven.

1611
01:22:35,000 --> 01:22:35,200
Speaker 12: Hey.

1612
01:22:35,200 --> 01:22:38,439
Speaker 4: Look, if you are waiting for someone to get off

1613
01:22:38,479 --> 01:22:41,519
Speaker 4: the Blue Bridge ferry the Connie Marra, and they haven't

1614
01:22:41,520 --> 01:22:45,120
Speaker 4: texted you or ready to tell you, the ship lost

1615
01:22:45,160 --> 01:22:47,520
Speaker 4: power to one of its engines just after five pm.

1616
01:22:48,320 --> 01:22:54,800
Speaker 4: Apparently it is fully operational again. The anchor is being

1617
01:22:54,840 --> 01:22:58,360
Speaker 4: lifted and there is a tugboat on standby four hundred

1618
01:22:58,400 --> 01:23:00,920
Speaker 4: and thirty five people on board. It should be able

1619
01:23:00,960 --> 01:23:03,559
Speaker 4: to birth shortly. I'm not sure whether it has yet

1620
01:23:03,680 --> 01:23:07,120
Speaker 4: or whether it has moved yet. But yeah, if you're

1621
01:23:07,160 --> 01:23:10,839
Speaker 4: wondering why someone hadn't got home in time for Friday drinks,

1622
01:23:10,880 --> 01:23:13,000
Speaker 4: they could be on the and they're on the Connie Marrah.

1623
01:23:13,600 --> 01:23:19,120
Speaker 4: That's just because they're having their drinks. Are sitting sitting,

1624
01:23:19,120 --> 01:23:21,280
Speaker 4: I shouldn't laugh, sitting near the northern tip of the

1625
01:23:21,360 --> 01:23:25,479
Speaker 4: Mirama Peninsula. It's really no longer breaking news. Is it

1626
01:23:25,520 --> 01:23:27,519
Speaker 4: anything to do with theories. It's just kind of part

1627
01:23:27,560 --> 01:23:29,400
Speaker 4: of our day to day life here in New Zealand.

1628
01:23:29,479 --> 01:23:31,000
Speaker 4: Let's hope that the government are going to get on

1629
01:23:31,200 --> 01:23:34,000
Speaker 4: and sort out what they can with the fairies that

1630
01:23:35,160 --> 01:23:43,559
Speaker 4: they look after. Right twenty three to seven, Francesca One

1631
01:23:43,600 --> 01:23:45,559
Speaker 4: New Zealand has been given the go ahead to start

1632
01:23:45,600 --> 01:23:49,840
Speaker 4: testing of their Starlink satellite to mobile service here in

1633
01:23:49,880 --> 01:23:52,240
Speaker 4: New Zealand, so forty percent of the country currently has

1634
01:23:52,360 --> 01:23:56,840
Speaker 4: no mobile coverage and one in New Zealand en Z

1635
01:23:57,120 --> 01:24:00,960
Speaker 4: says satellite to sell a place a vital in keeping

1636
01:24:01,000 --> 01:24:04,639
Speaker 4: people connected, and the CEO of One New Zealand, Jason Paris,

1637
01:24:04,720 --> 01:24:05,200
Speaker 4: joins me.

1638
01:24:05,200 --> 01:24:06,960
Speaker 1: Now, good, evening good.

1639
01:24:07,840 --> 01:24:09,439
Speaker 4: How does this technology work?

1640
01:24:11,360 --> 01:24:18,320
Speaker 23: So think of the cell towers that you see around

1641
01:24:18,360 --> 01:24:22,760
Speaker 23: your neighborhood. Some people like them, some people admittedly. What

1642
01:24:22,880 --> 01:24:28,120
Speaker 23: happens is they basically get strapped to satellites, and then

1643
01:24:28,160 --> 01:24:32,040
Speaker 23: those satellites get strapped to rockets, and then the rockets

1644
01:24:32,360 --> 01:24:37,759
Speaker 23: get launched three hundred and fifty kilometers up into space

1645
01:24:37,840 --> 01:24:44,160
Speaker 23: into lower orbit, and then those satellites they get distributed

1646
01:24:44,640 --> 01:24:51,880
Speaker 23: into a constellation of other satellites and they've been signals

1647
01:24:52,040 --> 01:24:54,800
Speaker 23: back to your mobile phone back in little old New

1648
01:24:54,920 --> 01:24:58,640
Speaker 23: Zealand to allow you to be able to make a

1649
01:24:58,680 --> 01:25:02,960
Speaker 23: text message, make a phone call, or use or use data,

1650
01:25:03,120 --> 01:25:06,240
Speaker 23: so it's quite extraordinary technology that we're.

1651
01:25:06,200 --> 01:25:09,080
Speaker 4: Bringing to us on Jason, how many satellites do you need?

1652
01:25:10,680 --> 01:25:12,920
Speaker 23: So it depends on what you want to do. So

1653
01:25:14,080 --> 01:25:16,360
Speaker 23: if you want to text, you need about three hundred,

1654
01:25:17,439 --> 01:25:20,080
Speaker 23: which we're on track to have by the end of

1655
01:25:20,120 --> 01:25:23,760
Speaker 23: the year. So these rockets with satellites on them are

1656
01:25:23,760 --> 01:25:30,400
Speaker 23: being launched every week. To do voice, you need fifteen hundred,

1657
01:25:30,920 --> 01:25:33,880
Speaker 23: so oney, five hundred of them. The reason you need

1658
01:25:33,960 --> 01:25:39,599
Speaker 23: more with voice is you need constant coverage. When you've

1659
01:25:39,600 --> 01:25:42,559
Speaker 23: got when you're making a phone call, it can't trap

1660
01:25:42,600 --> 01:25:45,519
Speaker 23: where when you've got when you're doing a text message.

1661
01:25:45,560 --> 01:25:47,599
Speaker 23: If I sent you to a text and it took

1662
01:25:47,600 --> 01:25:49,599
Speaker 23: a minute to send and for you to receive it,

1663
01:25:49,800 --> 01:25:52,280
Speaker 23: you wouldn't know that. And if then you receive and

1664
01:25:52,320 --> 01:25:54,800
Speaker 23: send a text message, expect to me, I wouldn't know

1665
01:25:54,840 --> 01:25:56,960
Speaker 23: that it took an extra you a minute to do that.

1666
01:25:57,080 --> 01:26:01,559
Speaker 23: So you need three hundred with satellites to do text

1667
01:26:01,600 --> 01:26:05,200
Speaker 23: messaging and there'll be a delay of a few minutes.

1668
01:26:05,880 --> 01:26:07,960
Speaker 23: But you need a lot more than that if you

1669
01:26:07,960 --> 01:26:11,400
Speaker 23: want to do our voice, which is about twelve months later.

1670
01:26:12,360 --> 01:26:15,200
Speaker 4: Testing is going to kick off very shortly. What does

1671
01:26:15,240 --> 01:26:16,160
Speaker 4: the testing look like.

1672
01:26:17,640 --> 01:26:20,599
Speaker 23: So we have done a bunch of testing so far

1673
01:26:20,720 --> 01:26:26,719
Speaker 23: already we have sent text messages and we've tested also

1674
01:26:27,400 --> 01:26:31,640
Speaker 23: the kind of we've altered in some video calling. But

1675
01:26:31,760 --> 01:26:34,040
Speaker 23: we now need to do that at scale, and so

1676
01:26:34,160 --> 01:26:37,639
Speaker 23: we just got to approve all this suite from the FCC,

1677
01:26:37,840 --> 01:26:42,040
Speaker 23: which is the US regulator, to be able to launch

1678
01:26:42,120 --> 01:26:45,880
Speaker 23: this service from a testing perspective in New Zealand. So

1679
01:26:47,520 --> 01:26:51,040
Speaker 23: from the next week we'll do ten weeks testing. We'll

1680
01:26:51,080 --> 01:26:53,840
Speaker 23: do that testing on a whole bunch of different devices,

1681
01:26:53,880 --> 01:26:59,000
Speaker 23: so a range of different smartphones. We'll use those smartphones

1682
01:26:59,400 --> 01:27:03,120
Speaker 23: smartphone all and right across the country in different places,

1683
01:27:03,840 --> 01:27:06,760
Speaker 23: just to make sure that before we launch this to

1684
01:27:06,920 --> 01:27:12,960
Speaker 23: everyone that we're confident that it works on every device

1685
01:27:13,200 --> 01:27:15,840
Speaker 23: that we say it can and all the locations that

1686
01:27:15,880 --> 01:27:16,400
Speaker 23: we've set it with.

1687
01:27:17,439 --> 01:27:20,240
Speaker 4: How much coverage will this give New Zealand.

1688
01:27:22,080 --> 01:27:26,800
Speaker 23: So just to explain again, the satellites when they are

1689
01:27:26,960 --> 01:27:31,679
Speaker 23: up in lower orbits, they beam back down from space

1690
01:27:32,040 --> 01:27:37,400
Speaker 23: to New Zealand. So the advantage that you have with

1691
01:27:37,600 --> 01:27:42,320
Speaker 23: this coverage from space is that it covers the higher country.

1692
01:27:42,360 --> 01:27:45,559
Speaker 23: So as a satellite is flying through space at twenty

1693
01:27:45,600 --> 01:27:48,679
Speaker 23: seven thousand kilometers, an hour. That's how fast they are going,

1694
01:27:49,800 --> 01:27:53,120
Speaker 23: and there's another one right behind it. They are constantly

1695
01:27:53,240 --> 01:27:57,439
Speaker 23: beaming signals back down to New Zealand. So at the

1696
01:27:57,479 --> 01:28:01,000
Speaker 23: moment we've got forty percent of the country that doesn't

1697
01:28:01,080 --> 01:28:04,640
Speaker 23: have coverage, that doesn't have three G or four G

1698
01:28:04,800 --> 01:28:09,160
Speaker 23: or five G coverage. This will sort that and it

1699
01:28:09,200 --> 01:28:13,200
Speaker 23: will also mean that right out to see so our

1700
01:28:13,280 --> 01:28:17,080
Speaker 23: license is twelve nautical miles off the coast of Museum.

1701
01:28:17,120 --> 01:28:20,360
Speaker 23: It means even if you're in a fishing boat, then

1702
01:28:20,640 --> 01:28:23,000
Speaker 23: you will be able to have a smartphone in your

1703
01:28:23,040 --> 01:28:27,520
Speaker 23: hand see the sky and you'll be able to send

1704
01:28:27,560 --> 01:28:32,519
Speaker 23: a text message. Once we've been demonstrating and finishing all

1705
01:28:32,560 --> 01:28:36,639
Speaker 23: the testing that seeing the sky is an important another

1706
01:28:36,680 --> 01:28:41,040
Speaker 23: important one franchise. So at the moment we know that

1707
01:28:41,120 --> 01:28:45,439
Speaker 23: if you can see the sky, the service works. We

1708
01:28:45,600 --> 01:28:48,360
Speaker 23: know that it actually works if you're in a room

1709
01:28:48,520 --> 01:28:51,400
Speaker 23: and you've got you and you're by the window. We

1710
01:28:51,520 --> 01:28:54,240
Speaker 23: need to do a whole bunch of other testing inside

1711
01:28:54,240 --> 01:28:59,720
Speaker 23: and outside buildings, the bridges and dense bush, all that

1712
01:28:59,840 --> 01:29:03,120
Speaker 23: time of stuff to make sure that when we say

1713
01:29:03,200 --> 01:29:06,080
Speaker 23: to someone if you're a remote part of New Zealand

1714
01:29:07,040 --> 01:29:09,759
Speaker 23: and you need to you need to get in contact

1715
01:29:09,800 --> 01:29:10,320
Speaker 23: with someone that.

1716
01:29:10,400 --> 01:29:13,040
Speaker 4: You can When will the service be on offer to

1717
01:29:13,120 --> 01:29:15,080
Speaker 4: the public, So.

1718
01:29:17,479 --> 01:29:19,160
Speaker 23: In the early in the new year, so that the

1719
01:29:19,240 --> 01:29:24,479
Speaker 23: plan was to launch this in twenty twenty four. The

1720
01:29:24,640 --> 01:29:28,400
Speaker 23: delay wasn't actually from a technical perspective, so the rocket

1721
01:29:28,479 --> 01:29:33,000
Speaker 23: has been launching on time. All of the satellites are

1722
01:29:33,040 --> 01:29:36,840
Speaker 23: working well. The testing that I said was ifore work

1723
01:29:36,920 --> 01:29:41,520
Speaker 23: pretty well. But there were a few complaints from Talco's

1724
01:29:42,080 --> 01:29:47,360
Speaker 23: in the United States who thought that the satellite service

1725
01:29:47,479 --> 01:29:53,920
Speaker 23: might interfere with their existing networks, and the SCC, which

1726
01:29:54,000 --> 01:29:56,200
Speaker 23: is the US regulator, had to take its time to

1727
01:29:56,320 --> 01:30:01,439
Speaker 23: work through that. That's now been sorted and we can

1728
01:30:01,560 --> 01:30:04,479
Speaker 23: move into testing. Our government, by the way, has given

1729
01:30:04,600 --> 01:30:08,120
Speaker 23: us approval to launch the service many months ago, so

1730
01:30:08,880 --> 01:30:13,519
Speaker 23: there's been no similar concern from from New Zealand. That's

1731
01:30:13,600 --> 01:30:16,320
Speaker 23: the way that we're deploying that technology will interfere with

1732
01:30:16,520 --> 01:30:18,839
Speaker 23: existing with existing networks.

1733
01:30:18,960 --> 01:30:20,960
Speaker 4: Thank you so much Jason for talking us through that.

1734
01:30:21,040 --> 01:30:23,320
Speaker 4: There was CEO of one New Zealand, Jason Paris. I

1735
01:30:23,400 --> 01:30:24,920
Speaker 4: thought it was really interesting when he was talking about

1736
01:30:24,960 --> 01:30:26,200
Speaker 4: at the moment, you know, you need to be able

1737
01:30:26,200 --> 01:30:28,600
Speaker 4: to see the sky because and they have to be

1738
01:30:28,720 --> 01:30:30,640
Speaker 4: very careful about how they do promote this and when

1739
01:30:30,640 --> 01:30:32,360
Speaker 4: they say that it's going to mean that New Zealand

1740
01:30:32,360 --> 01:30:35,519
Speaker 4: will have one hundred percent coverage. As somebody who loves

1741
01:30:35,560 --> 01:30:38,519
Speaker 4: to head into the bush and go quite remote in

1742
01:30:38,560 --> 01:30:40,840
Speaker 4: the middle of nowhere, I always carry a personal location

1743
01:30:40,920 --> 01:30:43,040
Speaker 4: beacon with me and even when this is in place,

1744
01:30:43,240 --> 01:30:46,280
Speaker 4: I still will because you just cannot really be one

1745
01:30:46,360 --> 01:30:48,320
Speaker 4: hundred percent guaranteed, can you that you will get the

1746
01:30:48,360 --> 01:30:51,400
Speaker 4: reception that you need if you need it. Hey, look,

1747
01:30:51,479 --> 01:30:53,519
Speaker 4: if you are a bit of a stargazer though, and

1748
01:30:53,640 --> 01:30:56,280
Speaker 4: you want to enjoy the sky before it is covered

1749
01:30:56,320 --> 01:31:01,320
Speaker 4: in satellites durpling around New Zealand, and New Zealanders are

1750
01:31:01,360 --> 01:31:04,000
Speaker 4: going to be treated to a dazzling night sky display.

1751
01:31:04,120 --> 01:31:07,120
Speaker 4: Fingers crossed. There is a geo tonight. There is a

1752
01:31:07,200 --> 01:31:10,400
Speaker 4: geomagnetic storm bound for New Zealand and it's bringing with

1753
01:31:10,479 --> 01:31:14,679
Speaker 4: it the possibility of more aurora activity. So the aurora

1754
01:31:14,720 --> 01:31:18,839
Speaker 4: activity each might be visible in the Lower North Island

1755
01:31:19,360 --> 01:31:23,720
Speaker 4: and the South Island tonight. There are clear skies forecast

1756
01:31:23,800 --> 01:31:27,080
Speaker 4: across central and Northern North Island, but not in the East.

1757
01:31:28,280 --> 01:31:31,080
Speaker 4: And as you probably know, the aurora they're generally not

1758
01:31:31,320 --> 01:31:33,360
Speaker 4: visible with the naked eye, but can be seen with

1759
01:31:33,479 --> 01:31:36,480
Speaker 4: taking a long exposure photograph.

1760
01:31:37,040 --> 01:31:37,560
Speaker 16: So there we go.

1761
01:31:38,280 --> 01:31:40,200
Speaker 4: If you happen to be in the Lower North Island

1762
01:31:40,240 --> 01:31:42,680
Speaker 4: and the South Island tonight and it's a beautiful, clear night,

1763
01:31:42,960 --> 01:31:45,360
Speaker 4: not too chilly out there, head out when it gets

1764
01:31:45,439 --> 01:31:51,640
Speaker 4: dark with your with your camera, take a long exposure

1765
01:31:51,720 --> 01:31:55,839
Speaker 4: photo and see what you come up with. Sounds wonderful.

1766
01:31:56,040 --> 01:31:58,840
Speaker 4: It is a fifteen to six. We are going to

1767
01:31:59,000 --> 01:32:01,960
Speaker 4: head to the UK shortly oh seven.

1768
01:32:02,439 --> 01:32:06,160
Speaker 2: Whether it's Macro micro or just playing economics, it's all

1769
01:32:06,240 --> 01:32:09,320
Speaker 2: on the Business Hour with friend Jessica Rudkins and my

1770
01:32:09,680 --> 01:32:15,880
Speaker 2: HR the HR solution for busy SMEs New stalksbur.

1771
01:32:14,479 --> 01:32:16,759
Speaker 4: Listener makes a very good point on the text machine

1772
01:32:16,920 --> 01:32:19,360
Speaker 4: that my personal location Beacon will had the same restrictions

1773
01:32:19,400 --> 01:32:22,080
Speaker 4: as both sending signals to a satellite. I think when

1774
01:32:22,120 --> 01:32:27,040
Speaker 4: you know that your PLB it's batteries, all good and everything,

1775
01:32:27,240 --> 01:32:29,080
Speaker 4: I still think it's good to have both there. I

1776
01:32:29,160 --> 01:32:31,400
Speaker 4: mean I'd probably take too many photos and run down

1777
01:32:31,479 --> 01:32:34,680
Speaker 4: my phone battery and things like that, you know.

1778
01:32:34,920 --> 01:32:35,200
Speaker 16: I don't know.

1779
01:32:35,240 --> 01:32:37,120
Speaker 4: I just feel like there's more that can go wrong there.

1780
01:32:37,439 --> 01:32:39,120
Speaker 4: That's just me, just in my head. But thank you

1781
01:32:39,240 --> 01:32:42,080
Speaker 4: very much for pointing that out. I appreciate that we're

1782
01:32:42,120 --> 01:32:44,600
Speaker 4: going to head to the UK and Europe. Now it

1783
01:32:44,720 --> 01:32:47,360
Speaker 4: is time to catch up with Gavin Gray. Good evening, Gavin.

1784
01:32:48,400 --> 01:32:50,479
Speaker 12: Him Francisca, good to talk to you.

1785
01:32:50,600 --> 01:32:50,720
Speaker 2: Now.

1786
01:32:50,800 --> 01:32:55,559
Speaker 4: The UK government is investigating thirty seven UK linked businesses

1787
01:32:55,640 --> 01:32:58,439
Speaker 4: but potentially breaking Russian oil sanctions.

1788
01:32:58,520 --> 01:33:02,080
Speaker 12: Tell me about this, yeah, well, of course the Russians.

1789
01:33:02,439 --> 01:33:05,040
Speaker 12: The sanctions brought in against Russia were introduced by the

1790
01:33:05,160 --> 01:33:08,000
Speaker 12: UK and other countries following the invasion of Ukraine in

1791
01:33:08,040 --> 01:33:11,519
Speaker 12: twenty twenty two, but since then critics said they're not

1792
01:33:11,720 --> 01:33:14,559
Speaker 12: very effective because the latest figures actually show the Russian

1793
01:33:14,600 --> 01:33:17,720
Speaker 12: economy is growing. So the question is how is that

1794
01:33:17,920 --> 01:33:21,360
Speaker 12: being allowed to happen. Well, a report out suggests there

1795
01:33:21,360 --> 01:33:24,479
Speaker 12: are thirty seven businesses that have links to the UK.

1796
01:33:25,040 --> 01:33:29,320
Speaker 12: It is thought that they are potentially maritime insurance firms.

1797
01:33:29,800 --> 01:33:32,920
Speaker 12: Why does that matter? Well, because what it's enabling Russia

1798
01:33:33,040 --> 01:33:38,400
Speaker 12: to do, if it's true, is effectively to have Russian

1799
01:33:38,640 --> 01:33:43,800
Speaker 12: oil refined in another country and then bought around the world. So,

1800
01:33:43,920 --> 01:33:47,880
Speaker 12: in other words, a loophole in the sanctions effectory effectively

1801
01:33:48,760 --> 01:33:52,920
Speaker 12: and some of the oil is being exported into the UK,

1802
01:33:53,160 --> 01:33:57,840
Speaker 12: but because it's being refined third country, then it sort

1803
01:33:57,840 --> 01:34:02,679
Speaker 12: of is escaping these very sanctions. So although the government

1804
01:34:02,760 --> 01:34:05,640
Speaker 12: and authority see are saying, look that this cap is

1805
01:34:06,479 --> 01:34:10,040
Speaker 12: reducing Russia's tax revenues from oil, it does appear there

1806
01:34:10,040 --> 01:34:12,040
Speaker 12: are loopholes around it. We don't know the names of

1807
01:34:12,080 --> 01:34:15,840
Speaker 12: the companies involved, and we do know there are some

1808
01:34:15,960 --> 01:34:20,120
Speaker 12: fairly hefty sanctions fines that can be given out to

1809
01:34:20,200 --> 01:34:24,679
Speaker 12: companies who break these rules, but so far no finding

1810
01:34:25,560 --> 01:34:28,320
Speaker 12: and many a calling for these sanctions to be tightened

1811
01:34:28,400 --> 01:34:29,320
Speaker 12: up considerably.

1812
01:34:30,000 --> 01:34:35,160
Speaker 4: Gavin good times for people under thirty five and Portugal, yeah,

1813
01:34:35,320 --> 01:34:35,800
Speaker 4: very much so.

1814
01:34:36,320 --> 01:34:40,920
Speaker 12: They are absolutely the government in Portugal absolutely slashing the

1815
01:34:41,240 --> 01:34:44,280
Speaker 12: amount of tax that they have to pay if you're

1816
01:34:44,439 --> 01:34:47,920
Speaker 12: under thirty five. And it's all an attempt to try

1817
01:34:47,960 --> 01:34:52,639
Speaker 12: and dissuade people from emigrating from Portugal and also encourage

1818
01:34:52,720 --> 01:34:57,000
Speaker 12: foreigners to settle in Portugal. So this has been presented

1819
01:34:57,080 --> 01:35:00,479
Speaker 12: to Parliament. The center right government of the Prime is

1820
01:35:00,479 --> 01:35:04,120
Speaker 12: aiming to reduce income tax for young people considerably, so

1821
01:35:04,560 --> 01:35:07,880
Speaker 12: those with an average salary of just under thirty five

1822
01:35:08,200 --> 01:35:12,240
Speaker 12: thousand New Zealand dollars currently paid twenty six percent rate

1823
01:35:12,400 --> 01:35:16,920
Speaker 12: of tax on the money they earn over roughly it's

1824
01:35:16,960 --> 01:35:20,120
Speaker 12: sort of roughly over about twenty thousand New Zealand dollars

1825
01:35:20,240 --> 01:35:22,000
Speaker 12: twenty five thousand New Zealand dollars.

1826
01:35:22,360 --> 01:35:22,880
Speaker 7: But under the.

1827
01:35:22,880 --> 01:35:27,439
Speaker 12: Government's plans, those I have anander can earn up to

1828
01:35:27,960 --> 01:35:30,920
Speaker 12: fifty thousand New Zealand dollars and will pay nothing at

1829
01:35:30,960 --> 01:35:33,759
Speaker 12: all in tax for the first year. The tax burnden

1830
01:35:33,800 --> 01:35:37,439
Speaker 12: will then progressively increase over ten years. And this does measure.

1831
01:35:37,800 --> 01:35:41,840
Speaker 12: This measure does apply to foreigners as well. It's all

1832
01:35:41,880 --> 01:35:44,960
Speaker 12: because in recent years many foreigners are flocked to Portugal,

1833
01:35:45,080 --> 01:35:48,080
Speaker 12: lured by affordable rents, mild weather and natural beauty, but

1834
01:35:49,080 --> 01:35:52,400
Speaker 12: many others of the under thirty five age bracket are

1835
01:35:52,520 --> 01:35:56,320
Speaker 12: leaving Portugal with low salary in that country a major

1836
01:35:56,439 --> 01:36:02,440
Speaker 12: major issue, combined with rents going up considerably in particularly

1837
01:36:02,520 --> 01:36:05,120
Speaker 12: the towns and cities of Portugal. So this is a

1838
01:36:05,160 --> 01:36:07,240
Speaker 12: bold move. I wait to see if it works, wait

1839
01:36:07,280 --> 01:36:08,240
Speaker 12: to see if it does come in.

1840
01:36:08,720 --> 01:36:10,519
Speaker 4: Well, Kevin, we've just been talking on the show today

1841
01:36:10,560 --> 01:36:12,719
Speaker 4: about the migration issues we have here in New Zealand

1842
01:36:12,760 --> 01:36:15,639
Speaker 4: and trying to keep our young talented New Zealanders here

1843
01:36:15,800 --> 01:36:17,759
Speaker 4: and now they're probably are just going to heat the Portugal.

1844
01:36:17,880 --> 01:36:21,120
Speaker 4: So thank you for thank you for The Princess of

1845
01:36:21,200 --> 01:36:25,320
Speaker 4: Wales has made an unexpected appearance alongside the Prince of Wales.

1846
01:36:26,760 --> 01:36:31,080
Speaker 12: Yeah, significant step. I think it's her first official public

1847
01:36:31,120 --> 01:36:35,559
Speaker 12: engagement since she finished her chemotherapy treatment and she visited

1848
01:36:35,720 --> 01:36:40,280
Speaker 12: southpot which is in northwest England and where three children

1849
01:36:40,360 --> 01:36:42,439
Speaker 12: were killed in a knife attack back in July that

1850
01:36:42,560 --> 01:36:47,280
Speaker 12: we were reporting on. She met the parents of the bereaves.

1851
01:36:47,360 --> 01:36:51,240
Speaker 12: She also met the emergency service workers with Prince William

1852
01:36:51,320 --> 01:36:55,320
Speaker 12: as well, and the couple respoke to those first that

1853
01:36:55,520 --> 01:37:00,360
Speaker 12: devastating attack in the seaside town of Southport. Catherine some

1854
01:37:00,479 --> 01:37:04,400
Speaker 12: of the emergency workers with the local far chiefs, saying

1855
01:37:04,439 --> 01:37:08,160
Speaker 12: that you know, she could really see emotion in them all,

1856
01:37:08,760 --> 01:37:11,080
Speaker 12: including the royals. It was planned as a low key

1857
01:37:11,160 --> 01:37:14,080
Speaker 12: event to allow time to be spent in private with

1858
01:37:14,160 --> 01:37:18,800
Speaker 12: the families and Catherine was a sort of a surprise edition.

1859
01:37:19,600 --> 01:37:24,360
Speaker 1: And whether it's Macro, MicroB or just playing economics, it's

1860
01:37:24,479 --> 01:37:27,360
Speaker 1: all on the Business Hour with Heather Duplicy Ellen and

1861
01:37:27,720 --> 01:37:30,880
Speaker 1: my HR the HR platform for sme us to.

1862
01:37:31,040 --> 01:37:34,599
Speaker 4: Xib Yeah, with news talks, HIBB Apology it's not sure

1863
01:37:34,640 --> 01:37:36,799
Speaker 4: what happened together. And then we have a ghost producer

1864
01:37:36,840 --> 01:37:38,519
Speaker 4: and action here at News Talks. Ybe at the moment,

1865
01:37:38,920 --> 01:37:40,400
Speaker 4: but great to hear from her, and love you to

1866
01:37:40,479 --> 01:37:42,400
Speaker 4: hear that The Princess of Wales is out and about.

1867
01:37:42,400 --> 01:37:45,080
Speaker 4: Hopefully we'll be seeing more of her shortly. Thank you

1868
01:37:45,160 --> 01:37:47,040
Speaker 4: so much for joining me the last couple of days.

1869
01:37:47,080 --> 01:37:49,040
Speaker 4: It's been lovely just to visit and pop and I'll

1870
01:37:49,080 --> 01:37:51,160
Speaker 4: be back on Sunday. I've got two really fabulous guests

1871
01:37:51,240 --> 01:37:54,200
Speaker 4: on the Sunday session on Sunday. Britmasala is joining me

1872
01:37:54,280 --> 01:37:56,599
Speaker 4: at ten She's got a really interesting story to tell,

1873
01:37:57,280 --> 01:38:00,080
Speaker 4: just about growing up in rural Queensland and fitting in

1874
01:38:00,280 --> 01:38:03,640
Speaker 4: and getting into the radio industry and dealing with anxiety

1875
01:38:03,680 --> 01:38:05,639
Speaker 4: and being in the public eye and things. And also

1876
01:38:05,720 --> 01:38:08,160
Speaker 4: Paula Hawkins, if you're a fan of her novel or

1877
01:38:08,200 --> 01:38:09,840
Speaker 4: the movie The Girl on the Train, she's got a

1878
01:38:09,920 --> 01:38:12,000
Speaker 4: new book out. It's called The Blue Out. It's really good,

1879
01:38:12,360 --> 01:38:14,000
Speaker 4: could be her best yet. So we're going to talk

1880
01:38:14,040 --> 01:38:16,160
Speaker 4: about that. So love to have you join us on

1881
01:38:16,280 --> 01:38:19,639
Speaker 4: the Sunday session at nine am on Sunday. Don't forget

1882
01:38:20,000 --> 01:38:22,040
Speaker 4: Nick Buley is going to be up next with Sports

1883
01:38:22,200 --> 01:38:24,840
Speaker 4: Talk Andy, What did you pick for us tonight?

1884
01:38:25,000 --> 01:38:26,960
Speaker 17: Yeah, tonight we go out with some more Taylor Swift.

1885
01:38:27,080 --> 01:38:30,360
Speaker 17: She just keeps playing or making big moves ahead of

1886
01:38:30,360 --> 01:38:34,479
Speaker 17: the election. She's donated five million dollars to the hurricane relief.

1887
01:38:34,680 --> 01:38:37,560
Speaker 4: She's not You make it sound like she's sort of

1888
01:38:38,200 --> 01:38:42,120
Speaker 4: she's running. She's running. She's not running. She's she's just

1889
01:38:42,240 --> 01:38:44,120
Speaker 4: seen a disaster. She's got a bit of spare cash,

1890
01:38:44,160 --> 01:38:45,040
Speaker 4: and she's kind.

1891
01:38:45,000 --> 01:38:48,439
Speaker 17: The amount of support that she's thrown behind Kamala Harris

1892
01:38:48,760 --> 01:38:53,519
Speaker 17: would be pretty insane, wasn't it. I mean, she's pretty

1893
01:38:53,560 --> 01:38:55,560
Speaker 17: much saved the US economy when heard, Yeah, but is

1894
01:38:55,600 --> 01:38:56,280
Speaker 17: this about the election?

1895
01:38:56,520 --> 01:38:59,960
Speaker 4: Is this about a terrible tragedy? And she's loaded.

1896
01:39:00,200 --> 01:39:02,040
Speaker 17: No, that's doing the right thing. Could be right, Maybe

1897
01:39:02,040 --> 01:39:04,920
Speaker 17: it means cynical, but they're they're politicizing the whole thing

1898
01:39:04,960 --> 01:39:07,080
Speaker 17: over there at the moment anyway, between Helene and the

1899
01:39:07,160 --> 01:39:09,280
Speaker 17: latest one that hit last night in Milton. So anyway,

1900
01:39:09,560 --> 01:39:12,479
Speaker 17: five million dollars, eight million dollars in New Zealand has

1901
01:39:13,200 --> 01:39:15,680
Speaker 17: has gone to the efforts in Florida, which is nice

1902
01:39:15,680 --> 01:39:15,840
Speaker 17: of it.

1903
01:39:16,720 --> 01:39:18,880
Speaker 4: Thanks team, thanks for joining me. Have a great Friday night.

1904
01:39:19,000 --> 01:39:19,920
Speaker 4: See your Sunday at nine

1905
01:40:18,160 --> 01:40:21,320
Speaker 2: For more from Hither Duplessy Alan Drive, Listen live to

1906
01:40:21,439 --> 01:40:24,439
Speaker 2: news talks it'd be from four pm weekdays, or follow

1907
01:40:24,520 --> 01:40:26,240
Speaker 2: the podcast on iHeartRadio