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Speaker 1: Digging through the spiths friends to find the real story.

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Speaker 1: Or it's Ryan Bridge on Heather d for ce Ellen

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Speaker 1: Drive with One New Zealand let's get connected and news Talk.

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Speaker 2: They'd be good afternoon seven after four News Talk Sai'd

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Speaker 2: be four year terms on the show this afternoon. Simon

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Speaker 2: Watt's taking threats to the Gen Taylor's well quite seriously.

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Speaker 2: We'll talk about that with him later on. Also record profits,

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Speaker 2: record profits for KFC and Taco Bell if you're interested

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Speaker 2: in that, we'll found out more. And also Murray Olds

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Speaker 2: is out of Australia. This Chinese warship story is really

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Speaker 2: kicking off politically across the Tasman. We'll tell you why,

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Speaker 2: Bryan Bridge. So we're all going to have our say

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Speaker 2: on giving our politicians a four year term, or are we?

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Speaker 2: The announcement from Goldsmith today was all over the place.

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Speaker 2: David Seymour is largely to blame for that. He's on

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Speaker 2: the show after five, so we'll ask him to explain

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Speaker 2: himself then. But in principle do I support a four

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Speaker 2: year term? Yes?

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Speaker 3: Why?

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Speaker 2: Because politics is far too short sighted at the moment.

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Speaker 2: They spend one year bidding in one year doing work

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Speaker 2: and then the other year getting elected again. The bigger problem, though,

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Speaker 2: is strategy and payoff. Strategizing with a three year window

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Speaker 2: means short sighted ambitions. It means we don't invest in

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Speaker 2: as many big roading or rail projects as we should.

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Speaker 2: We don't bother fixing productivity. Stuff gets put in the

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Speaker 2: too hard basket too often because there's no payoff in

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Speaker 2: time for the next election. And that's the prize that

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Speaker 2: these guys are working towards, right, is the next election.

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Speaker 2: Part of the reason China is a superpower today only

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Speaker 2: what fifty odd years after opening up to the world,

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Speaker 2: is because it has centralized power. I mean, sure it's

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Speaker 2: got a massive population, but it has centralized power. It's

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Speaker 2: a dictatorship. It has a very clear direction, a very

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Speaker 2: clear strategy, and no peski elections to worry about. Now.

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Speaker 2: Obviously we don't want to go full autocracy here, but

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Speaker 2: a little more time for a party in power would

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Speaker 2: I think do more good than harm. And I also

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Speaker 2: reckon we should give local government four years two for

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Speaker 2: much the same reasons. But I also think we should

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Speaker 2: combine the two. Combine voting in local and national politics.

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Speaker 2: So you vote for your mayor and you vote for

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Speaker 2: your government, all on the same day, all in the

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Speaker 2: same polling booth. Two fifths of buggeral people actually bother

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Speaker 2: voting in local elections, which is part of the reason

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Speaker 2: that local councils are run by such weirdos who don't

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Speaker 2: seem able to balance budgets. So one polling day for everything,

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Speaker 2: please once every four years. Tic tic tic tick done,

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Speaker 2: Bryan Bridge nine minutes after four nine ninety two is

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Speaker 2: the number of text. New figures show more women own

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Speaker 2: their own homes than men. Core Logics twenty twenty five

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Speaker 2: Women and Property report shows twenty three percent of women

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Speaker 2: and had sole ownership of a property, compared to twenty

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Speaker 2: point nine percent for men. Mixed gender ownership presumably married

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Speaker 2: couples was fifty six percent. Calvin Davidson's their Core Logic

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Speaker 2: chief property economist. He's with me high Calvin good to

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Speaker 2: be on the show. Did that number surprise you? And

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Speaker 2: what's behind it? Do you know?

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Speaker 4: No?

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Speaker 5: I mean the number didn't really surprise me. I suppose

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Speaker 5: the number we've been probably highlighting a little bit more

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Speaker 5: as a female deficit. I guess when it comes to

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Speaker 5: investment property, so great females own a proportionately higher number

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Speaker 5: of owner occupied properties, but there is also a deficit

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Speaker 5: when it comes to investment properties, and that's sort of

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Speaker 5: the number we've been highlighting, I think is when you

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Speaker 5: boil through all the numbers, what you really come down

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Speaker 5: to is the gender age cap in the fact that females,

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Speaker 5: unfortunately do earn less for similar jobs. That's probably holding

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Speaker 5: back their investment into properties, So something needs to be

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Speaker 5: looked at.

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Speaker 2: Maybe it's because more of them own their primary home though.

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Speaker 5: Yeah, well, to some extent, theunderlying some of that owner

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Speaker 5: occupier number will be also an affordability challenge in the

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Speaker 5: sense that we're seeing more apartments being owned by females,

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Speaker 5: so that I think even though the overall owner occupier

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Speaker 5: share is a little bit higher, when you dig into

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Speaker 5: the types of properties that come in there, they are

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Speaker 5: perhaps a little bit smaller, cheaper. That's where the affordability

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Speaker 5: challenges come in. So, yeah, digging into the numbers does

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Speaker 5: I think still reveal some challenges.

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Speaker 2: You mentioned that women don't known as many rental properties

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Speaker 2: do they want to.

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Speaker 5: Yeah, well, that's that's certainly what's coming through. We've also

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Speaker 5: revealed some survey based data this year which is new

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Speaker 5: to the previous reports we've done, And yeah, certainly the

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Speaker 5: attitudes are there. A very similar proportion of females report

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Speaker 5: home ownership or property ownership in general is very important,

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Speaker 5: a very similar proportion to males. So the attitude is

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Speaker 5: definitely there. So then you start to dig into the

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Speaker 5: numbers and say, well, the attitude is there is not

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Speaker 5: coming through them, They're in results. Nothing really have to

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Speaker 5: come down to financial resources come down to those lower incomes,

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Speaker 5: that gender wage cap and again a policy area that

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Speaker 5: we need.

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Speaker 2: Yeah, but I mean, is it the gender wage gap?

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Speaker 2: Because I was thinking about this and I think just

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Speaker 2: in my own life about girls and women that I'm

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Speaker 2: friends with, more often than not they go to university.

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Speaker 2: My male friends are more inclined to go into a trade.

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Speaker 2: They're earning them. Guys are earning money from a younger age.

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Speaker 2: We know that women are more likely to go to university,

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Speaker 2: therefore delaying their earning potential, and then overential property is

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Speaker 2: obviously going to be a long way off. That have

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Speaker 2: you taken these types of things into a consideration.

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Speaker 5: Well, I mean, the gender wage gap does take into

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Speaker 5: account different miks of employment, different mix of education. You know,

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Speaker 5: and that sort of thing in the sense that gender

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Speaker 5: wage gap looks at the genders and similar jobs and

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Speaker 5: simply when you see females doing a similar job to

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Speaker 5: males but being paid less. So that's the sort of

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Speaker 5: gender wage gap. It's not the only explanation, as you lead,

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Speaker 5: It doesn't explain everything. I think there's there's a little

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Speaker 5: bit of evidence coming through on the survey that perhaps

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Speaker 5: it is to do with understanding of the property buying process,

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Speaker 5: for example. So there's perhaps hints and here of anything

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Speaker 5: that we can do to educate both males and females

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Speaker 5: really about the difficulties of buying property, the process that's

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Speaker 5: required that will help as well. So those things help,

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Speaker 5: But I think generally you would really come down to

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Speaker 5: financial resources as being a key factor here, and we're

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Speaker 5: something now unfortunately through time that females lag behind on that.

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Speaker 5: So it's a lingering issue I guess for policymakers to

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Speaker 5: really be looking at all.

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Speaker 2: Right, Calvin, thanks for your time. We'd love to know

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Speaker 2: what people think of that's Calvin Davidson, Core Logic, chief

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Speaker 2: Property Economists with us here on news talks. There be

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Speaker 2: nine to nine two is the number to text. If

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Speaker 2: you're a woman listening to this and you've got your

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Speaker 2: own home, well, congratulations, you're actually doing better than men.

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Speaker 2: And when it comes to home ownership, this is owner

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Speaker 2: occupied homes only. But I'd love to know did you

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Speaker 2: want your own home from a young age? Did you

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Speaker 2: set that was that you're objective? And men? What's going on?

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Speaker 2: Why aren't you up there with the women? Nine two

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Speaker 2: ninety two. It is thirteen minutes after four News Talks VB.

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Speaker 2: Darcy's next, which player key we player has been offered

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Speaker 2: a fourteen million dollar contract.

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Speaker 1: It's the Heather Dupis Allen Drive Full Show podcast on

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Speaker 1: iHeartRadio powered by News Talk ZBB.

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Speaker 2: Sixteen after four News Talk ZB. So this Core Logic

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Speaker 2: property report out today says that most people, this is

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Speaker 2: straight couples. Most people, most couples have a home together.

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Speaker 2: I think it's something like fifty just over fifty percent.

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Speaker 2: But now that more women than men own their own

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Speaker 2: home as an owner occupier. And I've asked you why, Ryan,

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Speaker 2: I've got three female friends, all in their fifties, with

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Speaker 2: their own homes, marriage breakups in the last ten years,

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Speaker 2: and with their share of the matrimonial property bought something else.

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Speaker 6: Ryan.

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Speaker 2: It's because women lived longer than men. All the old

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Speaker 2: ladies still in the family home after the old boys

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Speaker 2: have popped off, says Alex. It's not a bad point, Alex.

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Speaker 7: They're opening sentenced though. In that next text, maybe women

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Speaker 7: are better at having babies.

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Speaker 2: Babies, Darcy said with sport Darcy, I have been selected.

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Speaker 2: I actually haven't got that far down the list they

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Speaker 2: are firing in. But it's true, though, isn't it. I mean,

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Speaker 2: it's terrible at having babies. Here's the thing I was

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Speaker 2: talking to we are well, well, I'm particularly bad.

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Speaker 4: Where's the.

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Speaker 2: You know what if you think about it and this

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Speaker 2: I haven't done the numbers, so I shouldn't really say it.

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Speaker 2: But if you think about the gender pay gap, right,

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Speaker 2: that men get paid more than women on average, But

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Speaker 2: then have they taken into account the fact that women

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Speaker 2: live longer, you know what I mean? So if they

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Speaker 2: live longer and they're earning more for longer than over

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Speaker 2: the lifetime, who's worse off?

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Speaker 7: So you're pro writering this now you got to proter Okay,

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Speaker 7: you need.

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Speaker 2: Yourself into trouble. Maybe, hey, Sport, Yes, that's the one

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Speaker 2: safe space. Big blow for ended up. The Chiefs coach

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Speaker 2: is off.

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Speaker 7: God going to Munster. These contractor has been cutchal by

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Speaker 7: a year well through negotiating like hey, I want to

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Speaker 7: go over to Munster. They were over there with you

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Speaker 7: all black fifteen so plainly, you know, over a couple

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Speaker 7: of pints. Oh you know what, I want to complaint.

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Speaker 7: So he's going at the end of the season. But

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Speaker 7: Clay McMillan has had I'm going to talk about this

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Speaker 7: tonight because we've got the CEO of the Chiefs joining

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Speaker 7: us on the program. Simon grafis about whether his tenure

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Speaker 7: has been successful or not. He's got the finals, but

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Speaker 7: he hasn't won a final.

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Speaker 2: That's quite crucial, isn't it?

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Speaker 7: Well is it? Do you look at there's one loss ratio,

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Speaker 7: which I believe is right at the top of the tree,

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Speaker 7: so he's been very good. Do you look at the

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Speaker 7: players that he has brought through over the time he's

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Speaker 7: been there. Do you look at the consistency of results

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Speaker 7: or are you hard as they come and go? You

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Speaker 7: didn't want a supertitle. That's a failure if you're.

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Speaker 2: The chief executive. That's he's been to a Simon. If

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Speaker 2: you're the chief executive. I imagine your metrics would be financial.

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Speaker 2: Has he brought the fans in? You know, are they

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Speaker 2: selling the merchandise all that kind of stuff? And if

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Speaker 2: you're winning, you presume that that's that comes with that, right.

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Speaker 7: But what he's doing is makes perfect sense. In order

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Speaker 7: to be a great all Black coach. This is where

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Speaker 7: people don't like Scott Robertson, you need international experience. So

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Speaker 7: he's going to go over to Monster. He's going to

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Speaker 7: check out the lie of the land in Northern Hemisphere

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Speaker 7: rugby and then go on from there. Look, he might

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Speaker 7: end up coaching Ireland, I mean all Wales. They love

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Speaker 7: our coaches, don't they.

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Speaker 2: Which Keewis players getting fourteen million dollars a contract?

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Speaker 7: Wait, Dylan Brown, right, he's a paramount of eels player

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Speaker 7: and they've never really done much, I mean a lot

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Speaker 7: like Magic for a bit. They're now fall apart. But

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Speaker 7: apparently he's being offered fourteen point four million dollars over

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Speaker 7: ten years. Newcastle is one of the teams that have

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Speaker 7: been named here by the Telegraph, so they're looking at

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Speaker 7: a what they call a monster bidding war. He's signed

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Speaker 7: a contract just recently, but he's allowed in his contract

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Speaker 7: to explore other options.

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Speaker 2: Fourty and a half million dollars.

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Speaker 4: That's another option, isn't it?

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Speaker 2: Certainly yes, said, look forward to hearing more about the

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Speaker 2: Chiefs tonight. Darcy Watergrove, sportsbook host on NEWSTALKSB twenty after four.

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Speaker 2: Ryan owned my own home after a divorce. This is

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Speaker 2: from one of our female listeners, own my own home

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Speaker 2: after divorce mid forties. Ex husband exited with the same equity.

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Speaker 2: He's still renting because he's because he doesn't have a

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Speaker 2: woman to organize his life.

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Speaker 1: For News Talks v Informed Inside into today's issues, it's

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Speaker 1: Ryan Bridge on Hither Dupercy Ellen Drive with one New

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Speaker 1: Zealand Let's get connected.

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Speaker 2: News Talks edb twenty three minutes after four. Quick couple

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Speaker 2: of texts for you, Ryan. This is from Penny. Women

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Speaker 2: are often finding themselves single. This is why more women

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Speaker 2: own their own homes than men. Women often find themselves single,

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Speaker 2: decide to take charge of their own destiny. A lot

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Speaker 2: of relationships by it's called the man child, says Penny.

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Speaker 2: Better be you on your own rather than being with

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Speaker 2: some guy's mother. Penny sounds like you've been through a

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Speaker 2: breakup and got a home, So that's great. This is

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Speaker 2: the other side of the fence from James Ryan. Very

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Speaker 2: often men pay the bulk of the mortgage during the

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Speaker 2: marriage and then they lose the house to the woman

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Speaker 2: and the separation, and it takes them longer to get

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Speaker 2: back on the ladder, as we usually passed our best

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Speaker 2: earning years. Speaking from experience, I wonder if James and

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Speaker 2: Penny were together. That would be weird, wouldn't it right?

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Speaker 2: Very quickly for you BP. It's interesting in the UK

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Speaker 2: and which stands for British Petroleum by the way, and

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Speaker 2: you wouldn't have guessed it. The way that they were

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Speaker 2: behaving went a little too woke, it turns out, according

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Speaker 2: to some ever fact according to their CEO, he says,

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Speaker 2: we went too far and we went too fast in

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Speaker 2: our shift to net zero in twenty twenty. We made

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Speaker 2: some bold strategic changes, he says, turns out our optimism

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Speaker 2: for a fast transition was misplaced. What are they doing

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Speaker 2: rolling back investment in renewables? What are they putting that

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Speaker 2: money into oil and gas investment? Ten billion dollars that's

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Speaker 2: up twenty percent? What does that mean for us here

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Speaker 2: in New Zealand? When companies like this are doing it.

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Speaker 2: What does it mean when when America is pulling out

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Speaker 2: of the Paris Accord. We'll talk about that after five

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Speaker 2: point fifteen this evening, bread Rich twenty four after four Now,

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Speaker 2: So there's a new book coming out which I want

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Speaker 2: to tell you about. So remember Biden's quite obvious mental

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Speaker 2: decline during the election campaign in the US. The Democrats

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Speaker 2: didn't want to talk about it, and they called reporters

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Speaker 2: anyone who asked about it, they called them a conspiracy theorist.

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Speaker 2: The debate came along and pretty much settled everyone's mind

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Speaker 2: on the matter HEAVILYSSM.

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Speaker 8: Making sure that we continue to supreme stones in our

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Speaker 8: healthcare system, making sure that we're able to make every

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Speaker 8: single solitary person. Are you eligible for what I've been

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Speaker 8: able to do with the with the COVID I S

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Speaker 8: could be with dealing with everything we have to do

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Speaker 8: with AH if we finally beat Medicare.

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Speaker 2: Oh, I've forgotten how hard it was to listen to anyway.

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Speaker 2: It was like a car crash and for a while

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Speaker 2: there we couldn't look away. There's a new book coming

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Speaker 2: out that's going to expose this, and it's interesting because

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Speaker 2: one of the authors of the book is Jake Tapper,

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Speaker 2: who's a CNN host who was obviously quite complimentary of

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Speaker 2: Biden throughout his presidency. Anyway, they have called or are

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Speaker 2: going to call. Apparently it's him and Alex Thompson in

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Speaker 2: this book call the president's re election campaign self delusional.

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Speaker 2: They will also allege, using insider interviews and information, a

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Speaker 2: top level cover up of his mental decline that goes

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Speaker 2: to the right to the very top of the White

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Speaker 2: House and all the stuff involved. So that'll be Actually,

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Speaker 2: do you need to read the book? I don't think so.

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Speaker 2: I won't be buying the book because you don't need

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Speaker 2: to read the book to know what happened. We all

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Speaker 2: saw it on TV.

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Speaker 9: Two.

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Speaker 2: The numbers of checks Murray olds out of Australia. Why

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Speaker 2: this navy bo business is causing such a political headache

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Speaker 2: over there?

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Speaker 3: That's up next. I cry joy that I'm not a

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Speaker 3: thousand people like.

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Speaker 1: On the iHeart app and in your car on your

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Speaker 1: drive home, it's Ryan Bridge on hither duplicy Alan Drive

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Speaker 1: with one New Zealand Let's get connected.

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Speaker 10: News talks will never of fall, We never will never fall.

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Speaker 2: Good afternoon, twenty five minutes away from five, so we

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Speaker 2: all know the power bills are going up. Mercury announced

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Speaker 2: this week that year power bills are going up ten

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Speaker 2: percent from April. Well, the government's trying to do something

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Speaker 2: about it, to sort the power system out. And the

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Speaker 2: fact that there's not enough well some people say too

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Speaker 2: much regulation, other people say not enough regulation. Anyway, the

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Speaker 2: government reckons that they can get themselves involved here, get

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Speaker 2: the Electricity Authority involved, force the gen tailors to not

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Speaker 2: discriminate against other smaller players when they're setting their contracts.

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Speaker 2: So at the moment when they do contracts with their

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Speaker 2: own people, because obviously they've got the generation and the retailer,

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Speaker 2: when they do the contracts amongst themselves, quite favorable terms apparently,

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Speaker 2: But when they try when they go out and give

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Speaker 2: those contracts to independence, their terms are suddenly far ly

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Speaker 2: ass favorable. So thement reckons they can sort it out.

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Speaker 2: Simon Watts will explain that after five, it's.

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Speaker 1: The world wires on newstalgs Eddy Drive.

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Speaker 2: Trump's first cabinet meeting today. Elon Musk, of course isn't

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Speaker 2: part of his cabinet, but he got an invite anyway.

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Speaker 2: He also got to do a lot of the talking.

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Speaker 11: We simply cannot sustain as a country two trillion dollar

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Speaker 11: deficits the interest rates that just the interest on the

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Speaker 11: national debt now exceeds the defense department spending. We spent

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Speaker 11: a lot on the defense apartment, but we're spending like

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Speaker 11: over trillion dollars on interest.

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Speaker 2: Good point. Though Hamas returns four bodies of hostages, Israel

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Speaker 2: exchanges six hundred Palestinian prisoners. There is concern now about

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Speaker 2: what's next in terms of the negotiations for a permanent solution.

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Speaker 12: They're supposed to take place this weekend in Doha, but

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Speaker 12: the President's Special envoy as to where haf hasn't even

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Speaker 12: committed to it. It's remarkably irresponsible.

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Speaker 2: Finally, police and members of the public have joined forces

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Speaker 2: to save a horse from drowning and upstate New York.

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Speaker 2: The horse went on a trot on a frozen lake

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Speaker 2: and fell through the ice. So the horse's owner had

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Speaker 2: to ring for help pulling them out. Two police officers

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Speaker 2: and some of the neighbors got a rope around the

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Speaker 2: horse's mouth. They were able to work together to pull

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Speaker 2: them out safely.

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Speaker 13: Don't youn't, I don't know what noise I was expecting,

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Speaker 13: but it wasn't so much grunting anyway, probably because the

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Speaker 13: horse wears five hundred and ninety.

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Speaker 1: Kilos International correspondence with endsed Eye insurance peace of mind

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Speaker 1: for New Zealand business.

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Speaker 2: Twenty three minutes away from five years talks, there'd be

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Speaker 2: Murray Old's Australia correspondents with US Murray, good afternoon.

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Speaker 6: Hello there mate.

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Speaker 2: The visit from the Chinese navy has become quite the

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Speaker 2: hot political issue today.

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Speaker 6: It was I thought I was watching a rerun of

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Speaker 6: Dad's Army with Captain Bannering and Lance Corporal Jones to

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Speaker 6: be honest and mend three Chinese warships sailing down the

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Speaker 6: coast into the Tasman Stea and popping off with live ammunition.

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Speaker 6: It took the crew of a commercial aircraft to alert

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Speaker 6: Australian authorities half an hour after the whole thing began.

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Speaker 6: New Zealand charmed in about an hour later. Apparently, oh,

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Speaker 6: excuse me, we've got something here that you may want

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Speaker 6: to be interested in this. The Defense Minister was asked

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Speaker 6: as to delay in getting notification indicated any flaws in

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Speaker 6: the system. Could there be possible inadequacies to be seen here? No, no,

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Speaker 6: nothing to see at all. Here's the quote. It's an

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Speaker 6: example of how we've been able to surveil the Chinese warships.

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Speaker 6: We've been watching them and we're going to keep doing

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Speaker 6: so until they leave great, watching them so closely that

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Speaker 6: it took a Virgin Airline's plane to actually call it in. Earlier,

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Speaker 6: Miles said the delay was because it was a drill

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Speaker 6: and not a real incident. It must be okay, then

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Speaker 6: there'll no doubt tell us when Woollongong's about to disappear.

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Speaker 6: I mean it's pathetic.

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Speaker 2: Is that you're quite worth exercised about this, Murray is

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Speaker 2: and as you should be. Is anyone upset at New

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Speaker 2: Zealand for taking an hour to fill them in?

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Speaker 6: Well, I think when one considers the adequacies of the

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Speaker 6: defense forces of both countries, I think Australia can puff

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Speaker 6: it can puff out a little pigeon chest and say, oh,

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Speaker 6: we've got a bigger one than you. But really, I'm

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Speaker 6: not sure what's going to happen. It doesn't look like

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Speaker 6: Washington's going to be galloping to our a anytime soon.

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Speaker 6: If something happens, and it's just it just seems like,

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Speaker 6: like I said, Dad's army, you know, Lance Corporal Jones,

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Speaker 6: remember him.

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Speaker 2: Yeah, we're on our own defense, Minister. We're on our

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Speaker 2: own down here, Murray. The least we could do is

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Speaker 2: actually talk to one another.

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Speaker 9: Right, that's true.

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Speaker 2: I know the yarramiis is North Richmond has become Disneyland

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Speaker 2: for drug users.

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Speaker 14: Yeah.

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Speaker 6: Yeah, this is the safe injecting room. It opened in

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Speaker 6: Richmond in twenty nineteen, and the locals have had a gutsfull.

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Speaker 6: They don't like it. It was the once peaceful, very

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Speaker 6: very lovely, quiet suburb, they say, now as you say,

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Speaker 6: Disneyland for druggies, begging the state government to do something

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Speaker 6: about it. But what locals, as I say, violence apparently

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Speaker 6: very common now. Anti Semitism also appearing on local buildings.

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Speaker 6: One state government agency says, listen, when our lease is

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Speaker 6: up in August, we're out of here. We're going back

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Speaker 6: to the CBD. And the local mayor's furious, he said,

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Speaker 6: you know, the residents who were bringing this up, I

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Speaker 6: mean gas of the government criticized for speaking out, He

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Speaker 6: says there are lots of lovely, nice local homes ripe

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Speaker 6: for Burgnary that helped feed the habit. They sell the

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Speaker 6: stuff on the way down to the injecting room by

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Speaker 6: the gear outside and then they go. It's a pity

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Speaker 6: because Sydney's injecting room opened in two thousand and one

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Speaker 6: and since then. I looked up the stats because I

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Speaker 6: knew you would want to talk about this. One point

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Speaker 6: two to eight million injections have been safely injected since

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Speaker 6: two thousand and one. There have been eleven thousand overdoses treated,

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Speaker 6: but no one's died who's gone to this place since

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Speaker 6: two thousand and one, and they've been over twenty two

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Speaker 6: thousand referrals on for extra care, so they're doing it

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Speaker 6: well here. Admittedly it's up and King's cross out the back.

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Speaker 6: It's not a you know, like a built up area

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Speaker 6: where there are kids going to school and stuff. So

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Speaker 6: you know, it remains me seen how seriously Melbourne's going

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Speaker 6: to take.

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Speaker 2: This quantas have they got any issues with the Rolls

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Speaker 2: Royce Engines, because the in New Zealand here has just

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Speaker 2: reported their profit wasn't great, but that you guys are

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Speaker 2: looking at a what one and a half billion dollar profit.

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Speaker 6: That's before tax, that's right after tax, nine hundred and

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Speaker 6: twenty million dollars customer numbers up ten percent, so shareholders

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Speaker 6: have got a nice little dividend coming. It's the first

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Speaker 6: since covid arright the first and six years. Quite a

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Speaker 6: share price up by seven point one percent. And I

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Speaker 6: tell you how much the after tax profit was here

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Speaker 6: nine hundred and twenty million dollars, which is a particularly

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Speaker 6: strong performance considering I have had some headwinds. I mean,

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Speaker 6: a particularly strong result by the budget carrier jet Star.

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Speaker 6: Domestric travel up very strongly. Plenty of Australians are going overseas,

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Speaker 6: but the international arm of Quantus is struggling that. I mean,

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Speaker 6: they've got a lot of competition out there now and

435
00:23:17,240 --> 00:23:19,760
Speaker 6: more on the way with cutter airlines arriving. But you

436
00:23:19,760 --> 00:23:21,840
Speaker 6: know we're spoiled for choice, aren't we. You know I

437
00:23:21,920 --> 00:23:26,080
Speaker 6: must have twenty five international airlines I can use. I'll

438
00:23:26,080 --> 00:23:29,280
Speaker 6: just go online and OK, what's the best prize Sydney London,

439
00:23:29,720 --> 00:23:31,679
Speaker 6: and chances I will take that because it'd likely be

440
00:23:31,720 --> 00:23:32,840
Speaker 6: twelve hundred bucks return.

441
00:23:33,520 --> 00:23:36,360
Speaker 2: Brilliant Murray, thanks for that. Murray. Old's are Australia correspondent

442
00:23:36,440 --> 00:23:38,960
Speaker 2: with US just gone eighteen minutes away from five on

443
00:23:39,000 --> 00:23:41,440
Speaker 2: news talks. There'd be interesting the Quantus has announced today

444
00:23:41,440 --> 00:23:45,920
Speaker 2: that they're going to refurb their lounge at Auckland International Airport.

445
00:23:46,200 --> 00:23:48,240
Speaker 2: What does that mean? It means a much bigger space,

446
00:23:48,280 --> 00:23:51,439
Speaker 2: and it means apparently bitter food. Eighteen two five. Now,

447
00:23:51,480 --> 00:23:55,920
Speaker 2: what does Barry Soper think about a four year term.

448
00:23:55,240 --> 00:23:58,560
Speaker 1: Politics with centric credit? Check your customers and get payments?

449
00:23:58,600 --> 00:24:01,119
Speaker 2: Certainty just gone caught the five News talks? He'd be

450
00:24:01,200 --> 00:24:03,800
Speaker 2: very Soape is here, senior political correspondent. Very good afternoon,

451
00:24:03,840 --> 00:24:05,840
Speaker 2: Good afternoon, Ryan. Now, I'm dying to know what you

452
00:24:05,880 --> 00:24:08,720
Speaker 2: think of a four year term because I'm all for it.

453
00:24:08,760 --> 00:24:10,359
Speaker 2: I think we need to look a bit more longer

454
00:24:10,440 --> 00:24:11,760
Speaker 2: term when we're planning.

455
00:24:11,840 --> 00:24:13,880
Speaker 4: Well, I'd be all for it if I didn't think

456
00:24:13,880 --> 00:24:17,399
Speaker 4: about the unbridled power of the Labor Party in the

457
00:24:17,480 --> 00:24:22,159
Speaker 4: last three years they were in office. But you know

458
00:24:22,240 --> 00:24:25,959
Speaker 4: the thing is, I remember voting in nineteen ninety on

459
00:24:26,000 --> 00:24:29,639
Speaker 4: a four year term, and there was an eighty two

460
00:24:29,720 --> 00:24:34,520
Speaker 4: percent turnout for that referendum, and sixty nine percent voted

461
00:24:34,560 --> 00:24:37,360
Speaker 4: to keep it at three years. The one before that

462
00:24:37,600 --> 00:24:40,720
Speaker 4: was a long time before nineteen sixty seven turnout was

463
00:24:40,760 --> 00:24:43,720
Speaker 4: seventy percent. Sixty eight percent voted to keep it. The

464
00:24:43,760 --> 00:24:46,840
Speaker 4: same at three years, so there doesn't seem to be

465
00:24:46,880 --> 00:24:50,320
Speaker 4: the appetite. Although what I would argue is the three

466
00:24:50,359 --> 00:24:53,639
Speaker 4: year parliamentary term leads to what we see now the

467
00:24:53,760 --> 00:24:59,040
Speaker 4: boom bust election cycles, because first year is getting used

468
00:24:59,040 --> 00:25:02,040
Speaker 4: to being in power, second year is policy, third year

469
00:25:02,119 --> 00:25:04,960
Speaker 4: is winning re election. Yeah, so it's it's it is

470
00:25:05,040 --> 00:25:07,840
Speaker 4: boom bust and it doesn't give you much time to

471
00:25:07,880 --> 00:25:13,919
Speaker 4: develop decent policy. You mentioned in your introduction about infrastructure.

472
00:25:14,280 --> 00:25:16,359
Speaker 4: You know you've got to have you've got to have

473
00:25:16,480 --> 00:25:20,480
Speaker 4: more solidity when it comes to policy through government, and

474
00:25:20,880 --> 00:25:23,720
Speaker 4: four years would do that, but you know it would

475
00:25:23,720 --> 00:25:26,640
Speaker 4: take it'd been an entrench vote in Parliament as well. Yes,

476
00:25:26,680 --> 00:25:29,680
Speaker 4: it would be a binding referendum, and entrenchment means that

477
00:25:30,000 --> 00:25:33,159
Speaker 4: seventy five percent of Parliament would have to agree to

478
00:25:33,320 --> 00:25:37,280
Speaker 4: change the amount of time. But politicians, of course they're

479
00:25:37,280 --> 00:25:37,640
Speaker 4: going to.

480
00:25:37,640 --> 00:25:41,280
Speaker 2: Vote for four years. Nice for them. Yeah, no, exactly,

481
00:25:41,320 --> 00:25:43,000
Speaker 2: and I think they'd get that all agree on that

482
00:25:43,080 --> 00:25:46,679
Speaker 2: quite happily, Yes, seventy five quite quickly. Yeah. Okay, interesting,

483
00:25:46,680 --> 00:25:49,679
Speaker 2: but it's a very complicated how this actual, how it

484
00:25:49,840 --> 00:25:52,639
Speaker 2: works and what needs to happen. According to David Seymour,

485
00:25:52,680 --> 00:25:54,680
Speaker 2: before it even gets there. So we'll talk to David

486
00:25:54,720 --> 00:25:58,000
Speaker 2: Sema after five about that. But Luxn's of Vietnam. He's

487
00:25:58,119 --> 00:26:00,000
Speaker 2: talking about the risks in the region.

488
00:26:00,359 --> 00:26:02,280
Speaker 4: Yeah, And there was one point he made, and I've

489
00:26:02,320 --> 00:26:05,040
Speaker 4: heard it being made before, and I think he's absolutely right.

490
00:26:05,119 --> 00:26:09,119
Speaker 4: He said, it's become starkly apparent that we're in a

491
00:26:09,160 --> 00:26:13,639
Speaker 4: world where rules are being subsumed by power as the

492
00:26:13,720 --> 00:26:18,199
Speaker 4: key determinant of advancing states interests. Now the media that

493
00:26:18,240 --> 00:26:20,920
Speaker 4: were with them asten. Whether he is referring to China there,

494
00:26:21,359 --> 00:26:24,640
Speaker 4: I would think he was probably referring to the United States,

495
00:26:25,240 --> 00:26:29,160
Speaker 4: whereas the rule base has gone with the US and

496
00:26:29,480 --> 00:26:33,200
Speaker 4: Trump is ruling in his own way. But look, he

497
00:26:33,280 --> 00:26:38,040
Speaker 4: gave a speech in Vietnam. He talked about sending one

498
00:26:38,040 --> 00:26:40,399
Speaker 4: of our naval frigates that will put the willies up

499
00:26:40,440 --> 00:26:44,240
Speaker 4: the Chinese of course, to cars and to the South

500
00:26:44,359 --> 00:26:44,920
Speaker 4: China Sea.

501
00:26:45,000 --> 00:26:47,240
Speaker 2: The thing is, we'd probably take it there, sink it

502
00:26:47,359 --> 00:26:49,840
Speaker 2: and make a new island. You know, they hate new

503
00:26:49,840 --> 00:26:50,600
Speaker 2: islands in the South.

504
00:26:50,920 --> 00:26:51,120
Speaker 12: Yeah.

505
00:26:51,440 --> 00:26:53,040
Speaker 4: I don't think, you know, I don't think that'll be

506
00:26:54,000 --> 00:26:57,399
Speaker 4: that'll be threatening to the Chinese. But nevertheless, he was

507
00:26:57,440 --> 00:27:00,720
Speaker 4: talking about going to Vietnam and maybe doing some naval

508
00:27:00,760 --> 00:27:03,440
Speaker 4: exercises in the area. Would be in the South China Sea,

509
00:27:03,520 --> 00:27:07,879
Speaker 4: but it would be away from the strait the Taiwan straight,

510
00:27:07,920 --> 00:27:08,840
Speaker 4: I would think, and.

511
00:27:08,840 --> 00:27:12,520
Speaker 2: The controversial islands that they protect so closely. Yes, now,

512
00:27:12,600 --> 00:27:15,320
Speaker 2: this video has been doing the rounds, this Ai generated

513
00:27:15,440 --> 00:27:18,480
Speaker 2: video of Donald Trump the Garza Riviera.

514
00:27:18,640 --> 00:27:23,200
Speaker 4: Oh honestly, you'll remember. Earlier this month, during a joint

515
00:27:23,240 --> 00:27:29,200
Speaker 4: press conference with Netanyahu at the White House, Trump made

516
00:27:29,240 --> 00:27:32,600
Speaker 4: the surprising announcement that the US will take over the

517
00:27:32,680 --> 00:27:36,800
Speaker 4: Gaza Strip, own it, and undertake economic development there and

518
00:27:36,840 --> 00:27:40,679
Speaker 4: create it, create unlimited numbers of jobs and housing. I mean,

519
00:27:40,720 --> 00:27:42,600
Speaker 4: you've only can look at the Gaza Strip to see

520
00:27:42,600 --> 00:27:45,159
Speaker 4: how bad it is at the moment. But look, he

521
00:27:45,240 --> 00:27:49,880
Speaker 4: doubled down on that within He posted this video himself

522
00:27:50,760 --> 00:27:57,720
Speaker 4: on Instagram and on another platform as well. But here's

523
00:27:57,760 --> 00:27:59,600
Speaker 4: the music that goes with the video.

524
00:28:00,480 --> 00:28:05,600
Speaker 15: Donald's bringing the light hold to see no more tunnels,

525
00:28:05,720 --> 00:28:07,560
Speaker 15: no more fear, Top Garza.

526
00:28:07,760 --> 00:28:11,280
Speaker 3: Finally Rice call the.

527
00:28:15,280 --> 00:28:25,120
Speaker 13: Top guzzer number one, Chop guzza number one.

528
00:28:25,800 --> 00:28:28,240
Speaker 4: I mean, can you believe that the President of the

529
00:28:28,359 --> 00:28:32,480
Speaker 4: United States would post that? And there are visuals that

530
00:28:32,520 --> 00:28:36,399
Speaker 4: go with it. They've got this guy gantuan state statue

531
00:28:36,800 --> 00:28:40,480
Speaker 4: of Donald Trump in gold on the Gaza struck. I

532
00:28:40,480 --> 00:28:43,720
Speaker 4: mean he probably really thinks that, look, he could make

533
00:28:43,760 --> 00:28:47,000
Speaker 4: a difference in the Gaza. Forget the Palestinians that just

534
00:28:47,320 --> 00:28:49,160
Speaker 4: move them out at the moment, almost two and a

535
00:28:49,200 --> 00:28:50,040
Speaker 4: half million of them.

536
00:28:50,040 --> 00:28:50,720
Speaker 2: Where do you put them?

537
00:28:50,720 --> 00:28:55,000
Speaker 4: Well, he says, they'm gonna and Turkey. You know, they're

538
00:28:55,040 --> 00:28:57,720
Speaker 4: all happy to have them. I mean that it's an apostropos.

539
00:28:57,840 --> 00:29:00,520
Speaker 2: The video itself was made. Someone else must have made

540
00:29:00,560 --> 00:29:03,720
Speaker 2: it on a Because you can go on AI and

541
00:29:03,840 --> 00:29:06,120
Speaker 2: make videos. Now I've only just learned about this in

542
00:29:06,160 --> 00:29:09,560
Speaker 2: the last week. You could, so you're making them now. Well,

543
00:29:09,600 --> 00:29:11,960
Speaker 2: you could put in like and it makes things more

544
00:29:11,960 --> 00:29:13,800
Speaker 2: and more extreme. So you could say, I want a

545
00:29:13,880 --> 00:29:16,560
Speaker 2: video of I don't know, Let's say Peter Dunn. You

546
00:29:16,600 --> 00:29:18,800
Speaker 2: know how, we would have his funny hair combed over

547
00:29:18,920 --> 00:29:21,560
Speaker 2: and he'd have his bow ties. Yes, so it'd have

548
00:29:22,120 --> 00:29:24,120
Speaker 2: a video, an aid video of Peter Dune. And then

549
00:29:24,160 --> 00:29:26,440
Speaker 2: you could say more Peter Dunn, and the bow tie

550
00:29:26,480 --> 00:29:28,360
Speaker 2: would be twice the size and the hair would be

551
00:29:28,360 --> 00:29:30,560
Speaker 2: twice as big, and you could say more and more

552
00:29:30,560 --> 00:29:32,680
Speaker 2: and more, and it creates these things, and by the

553
00:29:32,760 --> 00:29:35,600
Speaker 2: end of it, you've got your Trump Gaza Revere, and.

554
00:29:35,960 --> 00:29:39,600
Speaker 4: You've got the President taking it seriously and posting. I mean,

555
00:29:39,920 --> 00:29:42,560
Speaker 4: how could you do that if you're a president and

556
00:29:42,600 --> 00:29:46,440
Speaker 4: you see tens of thousands of people having been killed

557
00:29:46,480 --> 00:29:49,680
Speaker 4: in the Gaza strip and post something that's as frivolous

558
00:29:49,680 --> 00:29:53,720
Speaker 4: as this. I mean, it does raise questions about leadership.

559
00:29:53,800 --> 00:29:56,080
Speaker 4: Then I'm the last one to talk about Trump.

560
00:29:56,520 --> 00:29:59,480
Speaker 2: No, that's true, Barry, Thank you very much. Nine minutes

561
00:29:59,480 --> 00:30:02,440
Speaker 2: away from f That's Barry Soper, senior political correspondent here

562
00:30:02,440 --> 00:30:05,880
Speaker 2: at New Talk semb coming up next lots. Actually, I've

563
00:30:05,920 --> 00:30:09,000
Speaker 2: got more on Trump and that deal with Zelensky that

564
00:30:09,040 --> 00:30:11,640
Speaker 2: they're so called deal they're going to sign at the

565
00:30:11,640 --> 00:30:13,920
Speaker 2: White House tomorrow. I'll tell you more about that and

566
00:30:13,960 --> 00:30:14,640
Speaker 2: what's not in it.

567
00:30:15,480 --> 00:30:19,280
Speaker 1: Putting the tough question to the newspeakers the mic asking.

568
00:30:18,920 --> 00:30:22,480
Speaker 16: Breakfast, so called Citizens Arrest Police Association President Chris car

569
00:30:22,600 --> 00:30:24,920
Speaker 16: Hills with us, are we setting ourselves on fire needlessly?

570
00:30:24,960 --> 00:30:25,120
Speaker 9: Here?

571
00:30:25,240 --> 00:30:27,040
Speaker 2: Reality is you and I aren't going to do this.

572
00:30:27,080 --> 00:30:28,880
Speaker 2: It's really for security guards, do, isn't it?

573
00:30:28,960 --> 00:30:31,120
Speaker 17: What I mean? Look at Deeries, for instance, they don't

574
00:30:31,120 --> 00:30:34,400
Speaker 17: have security guards. They have shopkeepers and family people, and

575
00:30:34,440 --> 00:30:36,760
Speaker 17: there's going to be an expectation that they do, especially

576
00:30:36,760 --> 00:30:38,560
Speaker 17: if they're working for some boss who thinks.

577
00:30:38,400 --> 00:30:39,040
Speaker 18: They should do it.

578
00:30:39,240 --> 00:30:41,120
Speaker 17: But even security guards, you look at some of these

579
00:30:41,120 --> 00:30:43,920
Speaker 17: security gads, they're not really highly trained. They're not highly

580
00:30:44,520 --> 00:30:46,760
Speaker 17: to think of police officers were all the equipment and

581
00:30:46,800 --> 00:30:48,680
Speaker 17: all the training still got assaulted every day.

582
00:30:48,760 --> 00:30:49,840
Speaker 6: I don't mean to be the humbug.

583
00:30:49,880 --> 00:30:52,360
Speaker 17: I get why people think on the face, it's a

584
00:30:52,360 --> 00:30:54,880
Speaker 17: good idea, but when you peel it back, it's pretty

585
00:30:54,960 --> 00:30:55,880
Speaker 17: risky stuff.

586
00:30:55,880 --> 00:30:58,640
Speaker 16: Back tomorrow at six am the mic asking breakfast with

587
00:30:58,680 --> 00:30:59,920
Speaker 16: the rain driver of the lam.

588
00:30:59,840 --> 00:31:02,560
Speaker 2: You talk ZB just gone five away from five interesting

589
00:31:02,560 --> 00:31:04,520
Speaker 2: piece in the Wall Street Journal today. This is about

590
00:31:04,560 --> 00:31:07,520
Speaker 2: the deal, the so cooled deal between Trump and Zolensky

591
00:31:07,600 --> 00:31:11,600
Speaker 2: over Ukraine. Actually, what they're going to announce on Saturday,

592
00:31:11,640 --> 00:31:13,080
Speaker 2: and if you're a loser like me, you'll be at

593
00:31:13,080 --> 00:31:15,000
Speaker 2: home watching the press conference. But what they're going to

594
00:31:15,040 --> 00:31:18,760
Speaker 2: announce over the weekend is our time, is a proposed

595
00:31:18,920 --> 00:31:24,000
Speaker 2: framework rather than an actual deal, because actually nothing that

596
00:31:24,600 --> 00:31:28,040
Speaker 2: Trump agrees to with Zelensky matters unless there is a

597
00:31:28,080 --> 00:31:31,959
Speaker 2: security guarantee for Ukraine involved, Right, Otherwise, what does Ukraine

598
00:31:31,960 --> 00:31:35,200
Speaker 2: get out of this? Absolutely nothing. So and you can't know.

599
00:31:35,320 --> 00:31:40,640
Speaker 2: Trump cannot know or say that there will be some

600
00:31:40,680 --> 00:31:44,560
Speaker 2: sort of guarantee until he decides what the terms of

601
00:31:44,640 --> 00:31:47,960
Speaker 2: the peace deal or a six fire deal are with Russia.

602
00:31:48,080 --> 00:31:50,560
Speaker 2: So the Yanks want money, the Ukrainians want peace, and

603
00:31:50,560 --> 00:31:52,800
Speaker 2: the Russians want the security or the buffer zone with

604
00:31:52,840 --> 00:31:54,600
Speaker 2: no NATO, and so they're going to have to talk

605
00:31:54,640 --> 00:31:56,680
Speaker 2: to each other before anything gets done. So what we're

606
00:31:56,680 --> 00:31:58,960
Speaker 2: going to hear on the weekend is not a deal

607
00:31:59,400 --> 00:32:03,440
Speaker 2: but posed framework, Ryan Britch, she's talk to said, be

608
00:32:03,600 --> 00:32:05,080
Speaker 2: just coming up before away from top of the ar.

609
00:32:05,200 --> 00:32:08,120
Speaker 2: Now David Seymour is with us after the news he

610
00:32:08,160 --> 00:32:11,960
Speaker 2: wants four year to He's proposing as part of his

611
00:32:12,080 --> 00:32:14,560
Speaker 2: deal with the coalition, deal with the National Party, a

612
00:32:14,720 --> 00:32:18,280
Speaker 2: four year term. Now the road to get there is

613
00:32:18,320 --> 00:32:21,160
Speaker 2: honestly so complicated it makes you want to give them

614
00:32:21,200 --> 00:32:25,400
Speaker 2: two days in office because we will eventually have a

615
00:32:25,440 --> 00:32:28,760
Speaker 2: referendum on this. It'll be a binding referendum. But David

616
00:32:28,800 --> 00:32:31,280
Speaker 2: Seymour wants to make sure and I think it's actually

617
00:32:31,320 --> 00:32:33,800
Speaker 2: a good What he's proposing is not a bad thing

618
00:32:33,840 --> 00:32:37,040
Speaker 2: at all. He wants to make sure that when this happens,

619
00:32:37,120 --> 00:32:41,000
Speaker 2: or if this happens, that the select committees in Parliament

620
00:32:41,080 --> 00:32:43,960
Speaker 2: can have a majority of opposition. The MP's on the

621
00:32:44,000 --> 00:32:47,800
Speaker 2: important ones at the moment, generally it's a majority for

622
00:32:48,160 --> 00:32:51,240
Speaker 2: the governing party and for the government. So he wants

623
00:32:51,280 --> 00:32:52,760
Speaker 2: to reverse that. If you're going to have a four

624
00:32:52,800 --> 00:32:54,680
Speaker 2: year term, so you're going to give them longer terms

625
00:32:54,680 --> 00:32:57,240
Speaker 2: than you take away some of their power. But how

626
00:32:57,320 --> 00:33:00,320
Speaker 2: we get the boy, oh boy quite convoluted. We'll get

627
00:33:00,360 --> 00:33:01,400
Speaker 2: him to clear that up for us.

628
00:33:01,480 --> 00:33:45,080
Speaker 19: After the news, questions, answers, facts analysis, the drive, show

629
00:33:45,120 --> 00:33:46,840
Speaker 19: you trust for the full picture.

630
00:33:47,040 --> 00:33:50,520
Speaker 1: Brian Bridge on hither duplicy Allen Drive with one New

631
00:33:50,600 --> 00:33:53,280
Speaker 1: Zealand let's get connected news talks that'd be.

632
00:33:53,600 --> 00:33:56,680
Speaker 2: Got in negat seven after five. The government's introducing legislation.

633
00:33:56,840 --> 00:33:59,600
Speaker 2: They want to change our parliamentary terms from three to

634
00:33:59,800 --> 00:34:02,320
Speaker 2: four years. The bill will be taken of course, it'll

635
00:34:02,360 --> 00:34:04,120
Speaker 2: be voted on, it will go Select committee and will

636
00:34:04,160 --> 00:34:06,760
Speaker 2: eventually end up as a referendum, so we will all

637
00:34:06,800 --> 00:34:09,759
Speaker 2: have our say. It has a caveat though designed by

638
00:34:09,760 --> 00:34:12,799
Speaker 2: the act Party. The term would only be extended to

639
00:34:12,840 --> 00:34:15,200
Speaker 2: four years if there are greater checks and balances on

640
00:34:15,239 --> 00:34:18,080
Speaker 2: the government and power, i e. The Opposition would have

641
00:34:18,080 --> 00:34:21,400
Speaker 2: some majorities on some Select committees. David Seymour is the

642
00:34:21,400 --> 00:34:25,960
Speaker 2: act leader exactly, Acting Prime Minister today. Too, good evening

643
00:34:26,040 --> 00:34:29,360
Speaker 2: to you, good evening, great to have you on as always.

644
00:34:30,040 --> 00:34:32,760
Speaker 2: So how does this actually work? Can you just explain

645
00:34:32,800 --> 00:34:36,480
Speaker 2: to us the steps here from this proposal to it

646
00:34:36,560 --> 00:34:38,360
Speaker 2: becoming potentially law?

647
00:34:39,840 --> 00:34:42,279
Speaker 5: Yeah, for sure. Can I just say step one is

648
00:34:43,040 --> 00:34:46,160
Speaker 5: you got to whether you're a Act voter, a Green voter,

649
00:34:46,280 --> 00:34:49,040
Speaker 5: anywhere in between, step back and say you don't know

650
00:34:49,040 --> 00:34:51,840
Speaker 5: who's going to be in power. The only question is

651
00:34:52,239 --> 00:34:56,200
Speaker 5: would we be better in general if it was four

652
00:34:56,280 --> 00:34:58,640
Speaker 5: years at a time instead of three years, And just

653
00:34:58,680 --> 00:35:01,279
Speaker 5: maake it about that rather than which side you're on,

654
00:35:01,520 --> 00:35:03,759
Speaker 5: because everyone will be in and out in different times

655
00:35:03,760 --> 00:35:06,880
Speaker 5: in the future anyway. The second thing is at the

656
00:35:06,880 --> 00:35:10,920
Speaker 5: moment we've got a coalition agreement for the government to

657
00:35:11,040 --> 00:35:15,120
Speaker 5: put up my bill that I drafted an opposition and

658
00:35:15,160 --> 00:35:18,320
Speaker 5: it basically says we go to a four year term,

659
00:35:18,760 --> 00:35:22,320
Speaker 5: but with a catch that in order to get four years,

660
00:35:23,239 --> 00:35:27,080
Speaker 5: the government has to give the opposition control of the

661
00:35:27,120 --> 00:35:30,640
Speaker 5: Select committees. And there's a couple of reasons for that,

662
00:35:31,600 --> 00:35:34,440
Speaker 5: one is that I don't think the New Zealand public

663
00:35:34,520 --> 00:35:38,040
Speaker 5: will trust politicians with an extra year unless there's some

664
00:35:38,080 --> 00:35:40,440
Speaker 5: sort of check or balance in return, So I think

665
00:35:40,480 --> 00:35:43,880
Speaker 5: it's important for the politics of it. The second reason

666
00:35:44,520 --> 00:35:48,239
Speaker 5: is that I think it would be genuinely better if

667
00:35:49,000 --> 00:35:51,320
Speaker 5: laws had to go in front of a Select committee

668
00:35:51,360 --> 00:35:53,759
Speaker 5: for six months was run by the other guys to

669
00:35:53,840 --> 00:35:56,960
Speaker 5: beat it around. Now, the government of the day ultimately

670
00:35:57,000 --> 00:35:59,279
Speaker 5: has the power in Parliament to change it back to

671
00:35:59,320 --> 00:36:02,440
Speaker 5: their way. At least you actually have a debate. Second

672
00:36:02,480 --> 00:36:06,560
Speaker 5: of all, when you have people like Adrian or for example,

673
00:36:06,640 --> 00:36:09,680
Speaker 5: coming before the Select Committee, or someone who runs a

674
00:36:09,680 --> 00:36:12,480
Speaker 5: government department, they're going to get more of a grilling

675
00:36:12,560 --> 00:36:15,520
Speaker 5: from the opposition than people are on the government side.

676
00:36:15,560 --> 00:36:17,799
Speaker 2: I think people agree will agree with you there. But

677
00:36:17,880 --> 00:36:20,640
Speaker 2: my question is, so how do these two things work together.

678
00:36:20,680 --> 00:36:24,799
Speaker 2: You've got the proposed legislation and then you've got your caveat.

679
00:36:25,200 --> 00:36:27,960
Speaker 2: So when do we vote which order does this go in?

680
00:36:29,200 --> 00:36:32,359
Speaker 5: Well, there's a couple of things. The first of all,

681
00:36:32,400 --> 00:36:34,520
Speaker 5: this law, so this law is going to be introduced,

682
00:36:35,280 --> 00:36:37,680
Speaker 5: the rest of the government may or may not support

683
00:36:37,680 --> 00:36:40,520
Speaker 5: it for the rest of the term. And then if

684
00:36:40,520 --> 00:36:42,840
Speaker 5: it gets passed through parliament, it or go to referendum

685
00:36:42,880 --> 00:36:44,960
Speaker 5: and if it passes referendum, it becomes the law. So

686
00:36:45,000 --> 00:36:48,360
Speaker 5: that's the process part in terms.

687
00:36:48,120 --> 00:36:51,120
Speaker 2: Of with the caveat or without the caveat.

688
00:36:51,760 --> 00:36:54,480
Speaker 5: Well, at the moment it contains the caveat. And the

689
00:36:54,520 --> 00:36:56,840
Speaker 5: way the caveat works is that let's say there is

690
00:36:56,880 --> 00:36:59,160
Speaker 5: an election and I don't know twenty thirty two when,

691
00:36:59,440 --> 00:37:01,759
Speaker 5: because this won't come into effect for a while. It's

692
00:37:01,880 --> 00:37:03,279
Speaker 5: you know, so you don't know who's going to be

693
00:37:03,320 --> 00:37:06,320
Speaker 5: in charge at the time. But let's say it's twenty

694
00:37:06,360 --> 00:37:11,719
Speaker 5: thirty two, there's an election, Prime Minister X wins and

695
00:37:12,239 --> 00:37:15,200
Speaker 5: he or she says, yep, I'm going to go to

696
00:37:15,280 --> 00:37:19,680
Speaker 5: four years. But they have to reassure the Governor General

697
00:37:20,120 --> 00:37:23,239
Speaker 5: that they're going to turn over the select committees to

698
00:37:23,280 --> 00:37:26,200
Speaker 5: the opposition before the Government General they're going to and

699
00:37:26,320 --> 00:37:28,120
Speaker 5: otherwise they just get through, all right.

700
00:37:28,040 --> 00:37:30,080
Speaker 2: And you haven't got the support of New Zealand First

701
00:37:30,200 --> 00:37:33,399
Speaker 2: or of the National Party beyond the first reading, right,

702
00:37:33,640 --> 00:37:36,319
Speaker 2: So yeah, that's right, okay, all right, thanks so much

703
00:37:36,320 --> 00:37:37,840
Speaker 2: for your time. David Seymour, who's the act Party of

704
00:37:37,880 --> 00:37:39,280
Speaker 2: Lead of Times ten up to five.

705
00:37:39,480 --> 00:37:40,240
Speaker 3: Ryan bridge.

706
00:37:40,640 --> 00:37:44,480
Speaker 2: So the Competition Task Force, the Energy Competition task for

707
00:37:44,560 --> 00:37:46,239
Speaker 2: this is the group that the government's set up to

708
00:37:46,280 --> 00:37:49,040
Speaker 2: sort out the energy crisis. They have come up with

709
00:37:49,080 --> 00:37:51,480
Speaker 2: a bit of a proposal to hit the gen tailor's

710
00:37:51,719 --> 00:37:54,920
Speaker 2: where it hurts. So at the moment, the Electricity Authority

711
00:37:54,960 --> 00:37:57,640
Speaker 2: doesn't do anything if a gen taylor, which is a

712
00:37:57,680 --> 00:38:02,160
Speaker 2: generator around a retailer offers favorable contracts from its generation

713
00:38:02,320 --> 00:38:05,400
Speaker 2: arm to its retail arm, contracts that it's not offering

714
00:38:05,560 --> 00:38:09,239
Speaker 2: to independence, right. They want to change this so that

715
00:38:09,280 --> 00:38:11,880
Speaker 2: the Electrisity, the authority will be able to force the

716
00:38:11,920 --> 00:38:14,439
Speaker 2: gent tailors to do exactly that, to offer the same

717
00:38:14,560 --> 00:38:17,759
Speaker 2: terms on the same contracts to everybody. Simon watches the

718
00:38:17,880 --> 00:38:19,439
Speaker 2: Energy Minister, High minister.

719
00:38:19,800 --> 00:38:20,759
Speaker 8: Very good afternoon, Ryan.

720
00:38:20,840 --> 00:38:22,280
Speaker 2: Is this actually going to do anything?

721
00:38:23,200 --> 00:38:24,120
Speaker 9: It absolutely is.

722
00:38:24,480 --> 00:38:27,000
Speaker 20: It's going to create a level playing field and the

723
00:38:27,120 --> 00:38:30,960
Speaker 20: energy sector. We know that competition is a major issue

724
00:38:30,960 --> 00:38:34,400
Speaker 20: and challenge at the moment, and the government takes competition seriously.

725
00:38:34,960 --> 00:38:37,839
Speaker 20: This work is going to ensure that we've got some

726
00:38:38,040 --> 00:38:42,160
Speaker 20: non discrimination obligations, which basically means that the gen tailors

727
00:38:42,160 --> 00:38:46,760
Speaker 20: need to treat independent players equally, and the old saying

728
00:38:46,800 --> 00:38:50,640
Speaker 20: treat others as you treat yourself is what this regulation

729
00:38:50,800 --> 00:38:52,320
Speaker 20: is going to ensure occurs.

730
00:38:52,560 --> 00:38:54,680
Speaker 2: How will it do that? Because do they have to

731
00:38:54,760 --> 00:38:57,840
Speaker 2: report to you? Do they have to show you the contracts? Otherwise?

732
00:38:57,880 --> 00:38:58,360
Speaker 2: How are you know?

733
00:38:59,280 --> 00:39:02,960
Speaker 20: So basically what the regulator is consulting on is the

734
00:39:03,040 --> 00:39:08,240
Speaker 20: concept of mandatory non discrimination obligations, which basically is making

735
00:39:08,239 --> 00:39:12,840
Speaker 20: it mandatory on the gent tailors not to discriminate against

736
00:39:13,560 --> 00:39:17,480
Speaker 20: the smaller independent players. I at the moment, many of

737
00:39:17,520 --> 00:39:20,560
Speaker 20: these gent tailors operate their own retail arms as well

738
00:39:20,600 --> 00:39:23,040
Speaker 20: as being a wholesaler, and they sell to themselves and

739
00:39:23,080 --> 00:39:24,600
Speaker 20: they need to make sure they treat everyone fairly.

740
00:39:24,680 --> 00:39:26,600
Speaker 2: Yeah, but how will you know whether they're doing that

741
00:39:26,760 --> 00:39:29,080
Speaker 2: or not unless they show you the contracts, will show

742
00:39:29,120 --> 00:39:31,680
Speaker 2: that the electricity authority of the contracts that they're signing

743
00:39:31,680 --> 00:39:34,320
Speaker 2: with their own because they'll be commercially sensitive, right.

744
00:39:35,000 --> 00:39:39,920
Speaker 20: Yeah, there is the commercial sensitive element. But the regulator

745
00:39:39,960 --> 00:39:43,160
Speaker 20: has said they're going to apply three different steps. Firstly,

746
00:39:43,160 --> 00:39:47,000
Speaker 20: they're going to have principles and requirements. If that doesn't

747
00:39:47,080 --> 00:39:49,759
Speaker 20: then work, then they're going to move to a more

748
00:39:50,320 --> 00:39:55,239
Speaker 20: robust non discriminatory requirement. And then beyond that there's a

749
00:39:55,280 --> 00:40:01,080
Speaker 20: third layer which is basically in effect mandated contract some transparency.

750
00:40:02,280 --> 00:40:03,560
Speaker 2: I get all that, I get all that, but I

751
00:40:03,680 --> 00:40:07,400
Speaker 2: just from the get go, how is the electricity authority

752
00:40:07,440 --> 00:40:11,480
Speaker 2: going to have any idea what's in the contracts? Or

753
00:40:11,640 --> 00:40:12,799
Speaker 2: do you just take them at their word?

754
00:40:13,600 --> 00:40:16,320
Speaker 20: No, the regulator has access to a lot of information

755
00:40:16,440 --> 00:40:19,640
Speaker 20: from within these organizations. The question is that they'll get

756
00:40:19,680 --> 00:40:22,319
Speaker 20: the contraction, they'll be able to be able to see

757
00:40:22,320 --> 00:40:24,320
Speaker 20: what's going on in behind the scenes.

758
00:40:24,560 --> 00:40:27,040
Speaker 2: Okay, all right, is this going to bring the power

759
00:40:27,040 --> 00:40:29,040
Speaker 2: bills down? I reckon, Well, it.

760
00:40:29,040 --> 00:40:29,520
Speaker 9: Needs to be.

761
00:40:29,600 --> 00:40:32,719
Speaker 20: Our power prices are too high in the moment that's

762
00:40:32,760 --> 00:40:35,880
Speaker 20: having a major impact on productivity and economic growth.

763
00:40:36,360 --> 00:40:37,920
Speaker 9: We need more audible.

764
00:40:37,520 --> 00:40:40,640
Speaker 20: And reliable energy and our viewers as this is going

765
00:40:40,640 --> 00:40:42,800
Speaker 20: to be a pathway in order to get us on

766
00:40:42,920 --> 00:40:44,279
Speaker 20: that trajectory.

767
00:40:45,040 --> 00:40:47,120
Speaker 2: All right, minister, thanks very much. So that that's Simon

768
00:40:47,120 --> 00:40:49,759
Speaker 2: Watts is the energy minister. Time is thirteen minutes after

769
00:40:49,800 --> 00:40:51,480
Speaker 2: five year on news talk to MB. If you like

770
00:40:51,640 --> 00:40:56,480
Speaker 2: KFC or if you like Taco Bell, then you are

771
00:40:56,480 --> 00:40:58,000
Speaker 2: going to want to listen to the next story because

772
00:40:58,040 --> 00:41:00,160
Speaker 2: it's about how much money they're making off you go

773
00:41:00,239 --> 00:41:04,279
Speaker 2: through your drive through fourteen after five, five sixteen, lots

774
00:41:04,280 --> 00:41:06,080
Speaker 2: of texts coming in off the back of the interview

775
00:41:06,120 --> 00:41:08,719
Speaker 2: with the Energy Minister, Hi Ryan. The minister just said

776
00:41:08,760 --> 00:41:11,279
Speaker 2: we need cheaper and more reliable energy supplies. While that

777
00:41:11,360 --> 00:41:13,680
Speaker 2: kind of rules out the renewable solar wind, et cetera.

778
00:41:14,239 --> 00:41:16,239
Speaker 2: We really really need to go back to the sensible

779
00:41:16,320 --> 00:41:19,320
Speaker 2: old school. I agree with that, but only as a

780
00:41:19,719 --> 00:41:23,640
Speaker 2: fuel of last resort. Nick despite what BP has said

781
00:41:23,640 --> 00:41:27,640
Speaker 2: over the overnight that they're basically unwoking themselves. Seventeen after

782
00:41:27,680 --> 00:41:30,239
Speaker 2: five now so restaurant brands in New Zealand. It's the

783
00:41:30,280 --> 00:41:33,960
Speaker 2: parent company of Pizza, Hut, Taker, Bell, KFC, Carl's Junior,

784
00:41:34,080 --> 00:41:37,360
Speaker 2: all the favorites. They've reported their results for twenty twenty

785
00:41:37,400 --> 00:41:40,919
Speaker 2: four net profit after tax twenty six point five million.

786
00:41:40,960 --> 00:41:43,920
Speaker 2: Then that is up sixty two point six percent on

787
00:41:44,000 --> 00:41:47,640
Speaker 2: the year prior. Joining us now is Mike Egan. Mike

788
00:41:47,640 --> 00:41:52,240
Speaker 2: Egan is the Restaurant Association President. Good evening, Good evening,

789
00:41:52,280 --> 00:41:54,400
Speaker 2: Good to have you on the show. Mike, tell me

790
00:41:54,440 --> 00:41:55,319
Speaker 2: what's going on here?

791
00:41:56,280 --> 00:42:00,400
Speaker 18: Well, overall takeaway sales are up six per cent in

792
00:42:00,480 --> 00:42:03,799
Speaker 18: twenty twenty four on the previous year, so the whole

793
00:42:03,840 --> 00:42:07,040
Speaker 18: sector sort of has been increasing. Some of that will

794
00:42:07,040 --> 00:42:11,920
Speaker 18: be inflationally, of course, but congratulations the restaurant brands. It's

795
00:42:11,920 --> 00:42:14,480
Speaker 18: a good story because they employ a lot of people

796
00:42:14,680 --> 00:42:18,279
Speaker 18: and a lot of New Zealanders do like their aquisine.

797
00:42:19,440 --> 00:42:22,680
Speaker 2: And yeah, you mentioned more generally fast food. Is it

798
00:42:22,719 --> 00:42:24,880
Speaker 2: the cost of living thing that you know we gravitate

799
00:42:24,920 --> 00:42:26,000
Speaker 2: towards it because it's cheaper.

800
00:42:27,239 --> 00:42:29,840
Speaker 18: Yeah, I think so. In Convenience is a big factor.

801
00:42:30,040 --> 00:42:32,800
Speaker 18: I mean, people that are super busy, stuck in traffic.

802
00:42:33,840 --> 00:42:35,360
Speaker 18: Part of the stress of every day, I guess is

803
00:42:35,400 --> 00:42:39,239
Speaker 18: what's for dinner? Mum, what's your dinner? Dad? And you know, hey,

804
00:42:39,280 --> 00:42:43,680
Speaker 18: we've got some delicious, delicious carco Bell. So the kids

805
00:42:43,680 --> 00:42:45,480
Speaker 18: go yeah, and so mum and dad are a winner.

806
00:42:45,560 --> 00:42:49,000
Speaker 18: So there's a whole lot of factors that make people

807
00:42:49,680 --> 00:42:51,920
Speaker 18: have those decisions I guess to choose takeaways.

808
00:42:52,000 --> 00:42:57,719
Speaker 2: How's the ingredients cost situation looking for these retailers, for

809
00:42:57,760 --> 00:43:02,000
Speaker 2: these restaurants, prices gone up dramatically? Is that effect it's

810
00:43:02,040 --> 00:43:05,160
Speaker 2: clearly not affecting the bottom line for restaurant brands.

811
00:43:05,960 --> 00:43:08,800
Speaker 18: No, I think I think the cost of materials have

812
00:43:08,880 --> 00:43:12,719
Speaker 18: really stabilized in the last six months. Yeah, it's a

813
00:43:12,760 --> 00:43:17,000
Speaker 18: bit like the market had those huge increases eighteen months ago,

814
00:43:17,040 --> 00:43:20,080
Speaker 18: a year ago, and now sort of inflation sort of

815
00:43:20,160 --> 00:43:22,880
Speaker 18: under control, and so they can now really focus on

816
00:43:24,080 --> 00:43:27,279
Speaker 18: other parts of their business and sharpening the pencil on.

817
00:43:27,440 --> 00:43:29,759
Speaker 18: You know, you were talking earlier about energy costs and

818
00:43:29,840 --> 00:43:32,040
Speaker 18: things like that, so that they're probably more of a

819
00:43:32,400 --> 00:43:34,719
Speaker 18: worry and insurance and rates and all. The rest of

820
00:43:34,760 --> 00:43:36,959
Speaker 18: the food cost is actually quite good at the moment.

821
00:43:37,400 --> 00:43:39,640
Speaker 2: Mike, Thanks for that interesting stuff. Mike Egan, who's the

822
00:43:39,680 --> 00:43:44,239
Speaker 2: Restaurant Association president. Time is nineteen after five. The line

823
00:43:44,239 --> 00:43:48,840
Speaker 2: of pathways is David on the trajectory to lower power prices.

824
00:43:48,920 --> 00:43:53,200
Speaker 2: Doesn't sound bloody hopeful to me. That's from David Tartanaki.

825
00:43:53,360 --> 00:43:56,000
Speaker 2: Yet it's more of that corporate politician speaker, isn't it.

826
00:43:56,000 --> 00:43:58,759
Speaker 2: And they just can't help themselves very quickly for you,

827
00:43:58,800 --> 00:44:01,720
Speaker 2: before we go to break Iran and atomic weapons obviously

828
00:44:01,719 --> 00:44:03,239
Speaker 2: not words you want me to be saying in the

829
00:44:03,280 --> 00:44:07,319
Speaker 2: same sentence. Obviously, they also suffered a big hit. You

830
00:44:07,360 --> 00:44:10,359
Speaker 2: will be of no surprise to you after they went

831
00:44:10,400 --> 00:44:15,160
Speaker 2: at it directly in terms of missiles with Israel. Anyway,

832
00:44:15,320 --> 00:44:17,719
Speaker 2: today there's a report this has come from the Wall

833
00:44:17,760 --> 00:44:19,960
Speaker 2: Street Journal a report out today is saying that they

834
00:44:20,000 --> 00:44:23,839
Speaker 2: have sharply increased their stockpile of highly enriched uranium. This

835
00:44:23,880 --> 00:44:26,120
Speaker 2: is just over the last couple of weeks. It's from

836
00:44:26,120 --> 00:44:28,920
Speaker 2: a UN report that they're quoting that they've got their

837
00:44:28,920 --> 00:44:32,640
Speaker 2: hands on so uranium enriched to sixty percent is weapons

838
00:44:32,680 --> 00:44:36,080
Speaker 2: grade uranium. Right, They have increased their stockpile of this

839
00:44:36,440 --> 00:44:40,719
Speaker 2: by fifty percent over the last fifteen weeks. Now they've

840
00:44:40,760 --> 00:44:44,240
Speaker 2: got enough to produce six nukes. Don't worry, they can't

841
00:44:44,360 --> 00:44:47,360
Speaker 2: do that just yet. But why are they doing it,

842
00:44:47,400 --> 00:44:49,400
Speaker 2: Why are they stockpiling this, and why are they doing

843
00:44:49,480 --> 00:44:53,840
Speaker 2: it so quickly? Apparently bargaining power. They've got to negotiate

844
00:44:53,840 --> 00:44:55,840
Speaker 2: a nuke deal with Trump, who says he's interested to

845
00:44:56,000 --> 00:44:58,279
Speaker 2: negotiating a nuke deal with them. Obviously better than the

846
00:44:58,280 --> 00:45:01,440
Speaker 2: one that the last president signed up to, but they

847
00:45:01,480 --> 00:45:04,040
Speaker 2: need bargaining chips, and in this case, the bargaining clips

848
00:45:04,080 --> 00:45:07,200
Speaker 2: happens to be enriched uranium. Twenty after five.

849
00:45:08,560 --> 00:45:12,360
Speaker 1: Getting the facts, discarding the fluff, it's Ryan Bridge on

850
00:45:12,480 --> 00:45:16,640
Speaker 1: Heather Duplicy allan drive with one New Zealand let's get

851
00:45:16,640 --> 00:45:17,920
Speaker 1: connected news talks.

852
00:45:17,960 --> 00:45:21,480
Speaker 2: Ad B five twenty three is anyone surprised BP is

853
00:45:21,560 --> 00:45:24,680
Speaker 2: doing a one eighty on its net zero carbon plans.

854
00:45:25,320 --> 00:45:28,600
Speaker 2: It's a giant oil company, for goodness sakes, it's in

855
00:45:28,640 --> 00:45:32,919
Speaker 2: the name British Petroleum. They're taking basically now a big

856
00:45:33,000 --> 00:45:36,560
Speaker 2: sledgehammer to their spending on renewables. They're throwing ten billion

857
00:45:36,600 --> 00:45:39,279
Speaker 2: bucks a year at oil and gas investment that is

858
00:45:39,320 --> 00:45:41,840
Speaker 2: going up twenty percent. It's basically like back to the

859
00:45:41,880 --> 00:45:46,480
Speaker 2: future for BP. The reason they've given is also quite

860
00:45:46,480 --> 00:45:48,560
Speaker 2: obvious and should have been obvious to them the day

861
00:45:48,600 --> 00:45:51,800
Speaker 2: they announced their net zero dreams back before COVID. People

862
00:45:51,960 --> 00:45:54,239
Speaker 2: like energy to keep the lights on the wheels of

863
00:45:54,280 --> 00:45:58,160
Speaker 2: industry turning, especially when times are tough, and they've now

864
00:45:58,200 --> 00:46:01,520
Speaker 2: woken up to this fact. Well, I should say more accurately,

865
00:46:01,520 --> 00:46:03,600
Speaker 2: their shareholders have woken them up to this fact, and

866
00:46:03,640 --> 00:46:06,480
Speaker 2: so they're changing course. At the same time as we've

867
00:46:06,480 --> 00:46:10,600
Speaker 2: got companies quote unquote unwoking, you've got Trump and his

868
00:46:10,719 --> 00:46:14,600
Speaker 2: drill baby drill over in America. They've pulled out of Paris,

869
00:46:15,000 --> 00:46:19,480
Speaker 2: plastic straws are making a comeback. Dutton, who will be

870
00:46:19,600 --> 00:46:22,839
Speaker 2: the next Australian Prime Minister, on current poling, he has

871
00:46:22,920 --> 00:46:27,040
Speaker 2: said they'll scrap their targets for twenty thirty that would

872
00:46:27,080 --> 00:46:31,480
Speaker 2: put them offside with Paris, and here nationalists held bent

873
00:46:31,520 --> 00:46:35,640
Speaker 2: on the targets. Winston and Seymour both seem to want

874
00:46:35,680 --> 00:46:38,279
Speaker 2: out of Paris, although Winston and Shane are the most

875
00:46:38,360 --> 00:46:40,640
Speaker 2: gung ho on this and exactly when it would happen.

876
00:46:41,560 --> 00:46:44,080
Speaker 2: So it is a fair question to ask, is it not?

877
00:46:44,800 --> 00:46:49,080
Speaker 2: Is New Zealand better off in or out of international

878
00:46:49,120 --> 00:46:53,440
Speaker 2: climate agreements? Is a market solution like the incentives our

879
00:46:53,480 --> 00:46:55,600
Speaker 2: farmers have been offered by Nesley and Mars at the

880
00:46:55,600 --> 00:46:57,439
Speaker 2: moment we spoke about that the other week. The better

881
00:46:57,440 --> 00:47:00,440
Speaker 2: way to go the carrot from the market other than

882
00:47:00,480 --> 00:47:06,040
Speaker 2: the stick from the state. Brian Bradley twenty five minutes

883
00:47:06,080 --> 00:47:09,480
Speaker 2: after five News talks the'b coming up after five thirty

884
00:47:09,520 --> 00:47:11,800
Speaker 2: after the News, We're going to talk to the executive

885
00:47:11,840 --> 00:47:14,920
Speaker 2: producer of White Lotus, one of the biggest TV shows

886
00:47:14,960 --> 00:47:18,880
Speaker 2: on the planet right now, and they picked Thailand to

887
00:47:18,960 --> 00:47:23,719
Speaker 2: film the latest season rather than New Zealand. Are we

888
00:47:24,080 --> 00:47:26,960
Speaker 2: mythed No, we're not myfed But I do ask him

889
00:47:26,960 --> 00:47:29,480
Speaker 2: and I will ask him about the rebate, the twenty

890
00:47:29,480 --> 00:47:32,640
Speaker 2: percent rebate that Cameron goes on about the director in

891
00:47:32,640 --> 00:47:36,280
Speaker 2: Wellington living over and wided upper Is twenty percent enough?

892
00:47:37,680 --> 00:47:40,160
Speaker 2: Is twenty percent enough? And how much more business will

893
00:47:40,160 --> 00:47:42,000
Speaker 2: we get if we up that rebate. I know it

894
00:47:42,040 --> 00:47:43,840
Speaker 2: won't be a popular question for many of you, but

895
00:47:43,880 --> 00:47:47,320
Speaker 2: I'm going to ask it anyway. The White Lotus executive

896
00:47:47,480 --> 00:47:49,520
Speaker 2: producer is on the program after the news at five

897
00:47:49,520 --> 00:47:53,719
Speaker 2: point thirty. There's a story out of Tartanaki today and

898
00:47:53,880 --> 00:47:55,480
Speaker 2: you know this is not something I know a huge

899
00:47:55,520 --> 00:48:01,240
Speaker 2: amount about childbirth, but the woman gave birth on plane now,

900
00:48:02,320 --> 00:48:07,080
Speaker 2: on a flight from Tadanaki to from Auckland to New Plymouth,

901
00:48:08,120 --> 00:48:11,160
Speaker 2: and plane lands. It's a New Zealand flight. Plane lands

902
00:48:11,600 --> 00:48:13,480
Speaker 2: and just as it's landing. I mean, I don't know

903
00:48:13,520 --> 00:48:16,080
Speaker 2: whether it's the landing that induces the labor, but she

904
00:48:16,160 --> 00:48:18,719
Speaker 2: gives birth as as the plane is landing or just

905
00:48:18,760 --> 00:48:21,359
Speaker 2: after the plane is landing on the runway. Thankfully, all

906
00:48:21,400 --> 00:48:23,719
Speaker 2: the staff were there and helping, and the ambulance came

907
00:48:23,760 --> 00:48:26,040
Speaker 2: and took mum and baby away and it sounds like

908
00:48:26,080 --> 00:48:28,640
Speaker 2: they're doing okay, which is great. But I thought you

909
00:48:28,680 --> 00:48:31,200
Speaker 2: weren't allowed to fly if you're pregnant. Is there not

910
00:48:31,280 --> 00:48:34,200
Speaker 2: a rule about being on a plane and being pregnant

911
00:48:34,280 --> 00:48:37,239
Speaker 2: that a doctor would advise against it. That maybe just

912
00:48:37,400 --> 00:48:38,840
Speaker 2: long haul flights. I don't know.

913
00:48:38,960 --> 00:48:40,480
Speaker 15: Well, a better question are you know when you sit

914
00:48:40,480 --> 00:48:42,160
Speaker 15: at the emergency seat and they're like, hey, if there's

915
00:48:42,160 --> 00:48:44,239
Speaker 15: an emergency, you need to help open the door. Are

916
00:48:44,239 --> 00:48:45,960
Speaker 15: you're cool with that? Do you think there's like a

917
00:48:46,080 --> 00:48:47,759
Speaker 15: like a Motte fine print there and it's like, oh,

918
00:48:47,760 --> 00:48:49,160
Speaker 15: by the way, if anyone gives birth on the plane,

919
00:48:49,160 --> 00:48:50,719
Speaker 15: you're going to have to help with the delivery as well.

920
00:48:50,760 --> 00:48:51,200
Speaker 2: Is that a right?

921
00:48:51,320 --> 00:48:51,520
Speaker 21: Yeah?

922
00:48:51,560 --> 00:48:54,560
Speaker 2: Yeah, you're the emergency person no matter what the drill.

923
00:48:55,920 --> 00:48:58,799
Speaker 2: Hopefully you wouldn't be able to be pregnant and in

924
00:48:58,840 --> 00:49:02,400
Speaker 2: the emergency roy would you? That wouldn't work. No, anyway,

925
00:49:02,480 --> 00:49:05,919
Speaker 2: someone will tell us nwenty seven after five the White

926
00:49:06,000 --> 00:49:09,080
Speaker 2: Lotus EP next A woman I love.

927
00:49:10,800 --> 00:49:13,600
Speaker 3: Yeah, we needed a sticle.

928
00:49:15,800 --> 00:49:18,680
Speaker 1: Putting the challenging questions to the people at the heart

929
00:49:18,760 --> 00:49:22,120
Speaker 1: of the story. It's Ryan Bridge on Hither Duplice Ellen

930
00:49:22,200 --> 00:49:26,440
Speaker 1: Drive with One New Zealand Let's get connected news talks.

931
00:49:26,440 --> 00:49:26,799
Speaker 17: That'd be.

932
00:49:37,040 --> 00:49:39,239
Speaker 2: Twenty five minutes later from six on News Talk ZB.

933
00:49:39,360 --> 00:49:41,880
Speaker 2: I'll explain this music in just a second. Lots of

934
00:49:41,880 --> 00:49:44,759
Speaker 2: feedback on the pregnancy on the plane thing. A woman

935
00:49:44,840 --> 00:49:48,239
Speaker 2: gave birth. I hope she's okay. Did the article did

936
00:49:48,320 --> 00:49:50,840
Speaker 2: say that she was okay and was being transferred to

937
00:49:50,920 --> 00:49:53,960
Speaker 2: hospital with baby, but gave birth on the plane. I

938
00:49:54,000 --> 00:49:55,600
Speaker 2: was just asking, are you meant to fly with the

939
00:49:55,640 --> 00:49:58,000
Speaker 2: baby on the plane? And a lot of mums have

940
00:49:58,040 --> 00:49:59,839
Speaker 2: got in touch to say basically, it depends on how

941
00:50:00,160 --> 00:50:02,120
Speaker 2: that you are, so it would be entirely up to

942
00:50:03,080 --> 00:50:05,040
Speaker 2: up to that and up to your doctor as well.

943
00:50:05,160 --> 00:50:08,640
Speaker 2: Right time has just gone twenty five minutes away from six. Now.

944
00:50:08,680 --> 00:50:12,480
Speaker 2: That music we were playing is the White Lotus, and

945
00:50:12,520 --> 00:50:15,120
Speaker 2: we're going to talk about the White Lotus effect. Apparently

946
00:50:15,160 --> 00:50:17,840
Speaker 2: it's influencing the way that people are traveling all around

947
00:50:17,880 --> 00:50:20,839
Speaker 2: the world. This is the HBO show. It's a dark

948
00:50:20,880 --> 00:50:23,920
Speaker 2: comedy dominating our screens, one of the biggest TV shows

949
00:50:23,960 --> 00:50:27,280
Speaker 2: in the world period, and people are flocking to Thailand,

950
00:50:27,320 --> 00:50:30,000
Speaker 2: where the show has been filmed. Finney has added extra

951
00:50:30,040 --> 00:50:32,960
Speaker 2: weekly flights to Perquette and hotels. Dot Com has reported

952
00:50:33,000 --> 00:50:36,719
Speaker 2: of forty percent spike in bookings. Dave Bernard is the

953
00:50:36,760 --> 00:50:40,040
Speaker 2: show's executive producer and he's with us. Hi, Dave, thank

954
00:50:40,080 --> 00:50:42,000
Speaker 2: you so much for being on our program here in

955
00:50:42,000 --> 00:50:44,719
Speaker 2: New Zealand. And how do you feel Season three is going?

956
00:50:45,520 --> 00:50:47,799
Speaker 21: Yeah, I mean feel very you know, I think we

957
00:50:48,239 --> 00:50:50,600
Speaker 21: I think I speak for everyone very fortunate, feel very

958
00:50:50,640 --> 00:50:53,680
Speaker 21: fortunate and lucky that, you know, the fans have responded

959
00:50:53,719 --> 00:50:58,360
Speaker 21: to the season and seem to be finding this season.

960
00:50:58,440 --> 00:51:02,279
Speaker 21: And for me, the thing I'm most excited about is,

961
00:51:02,560 --> 00:51:05,120
Speaker 21: you know, people have no idea what's to come.

962
00:51:06,000 --> 00:51:07,080
Speaker 2: It gets so much.

963
00:51:06,920 --> 00:51:11,719
Speaker 21: Crazier, so much bigger, and so much more demonic in

964
00:51:11,760 --> 00:51:14,920
Speaker 21: a really exciting way. And so I'm really really exciting

965
00:51:14,960 --> 00:51:17,279
Speaker 21: for people to you know, hopefully stick with the show

966
00:51:17,320 --> 00:51:18,160
Speaker 21: and the season and.

967
00:51:19,640 --> 00:51:22,440
Speaker 2: See what's to come. So much of the chat around

968
00:51:22,440 --> 00:51:25,520
Speaker 2: the show is always where it's filmed, and you've gone

969
00:51:25,560 --> 00:51:33,880
Speaker 2: with obviously with Thailand beautiful place, and and why why Thailand? What?

970
00:51:33,880 --> 00:51:37,520
Speaker 2: What did? What? What? Gets that across the line.

971
00:51:37,880 --> 00:51:41,000
Speaker 21: Yeah, So you know, we we we knew this season

972
00:51:41,080 --> 00:51:45,840
Speaker 21: we wanted to tackle kind of Eastern philosophy, you know,

973
00:51:46,320 --> 00:51:51,120
Speaker 21: take religion being the kind of container of the season

974
00:51:51,280 --> 00:51:53,719
Speaker 21: and East versus West. And so when we went out

975
00:51:53,760 --> 00:51:57,080
Speaker 21: to scout, we were thinking Japan. Originally, we were we

976
00:51:57,080 --> 00:51:59,920
Speaker 21: were pretty starting it was gonna be Japan. And each

977
00:52:00,040 --> 00:52:01,640
Speaker 21: Pio kind of just said, you know what, check out

978
00:52:01,640 --> 00:52:04,920
Speaker 21: one other country as a courtesy, and Thailand was the

979
00:52:04,960 --> 00:52:07,520
Speaker 21: one country that kind of made sense weatherwise, made sense

980
00:52:08,160 --> 00:52:10,840
Speaker 21: with the rebate, made sense with crew all that stuff,

981
00:52:10,840 --> 00:52:13,000
Speaker 21: And so we went to Thailand just had as a

982
00:52:13,000 --> 00:52:15,440
Speaker 21: curtsey to HBO. And I mean, the real story of

983
00:52:15,440 --> 00:52:18,440
Speaker 21: what happened is just the more time we spent in Thailand,

984
00:52:18,480 --> 00:52:21,160
Speaker 21: the more we fell in love with the country. And

985
00:52:22,040 --> 00:52:25,640
Speaker 21: Mike White ended up getting bronchitis while we were in Thailand.

986
00:52:26,120 --> 00:52:28,360
Speaker 21: We were in the north and Chang Mai, and he

987
00:52:28,440 --> 00:52:31,600
Speaker 21: ended up in the hospital. And you know, the nurses

988
00:52:31,640 --> 00:52:33,880
Speaker 21: there that the people of Thailand are such a it's

989
00:52:33,880 --> 00:52:38,920
Speaker 21: such such a gentle, caring, warm culture to you know,

990
00:52:39,000 --> 00:52:41,960
Speaker 21: your your neighbor and also do strangers. And they took

991
00:52:42,000 --> 00:52:44,360
Speaker 21: such good care of him, and they gave him a

992
00:52:44,360 --> 00:52:46,840
Speaker 21: thing called a nebulizer, which is a really strong steroid

993
00:52:47,040 --> 00:52:50,160
Speaker 21: to deal with bronchitis. And he ended up being awake

994
00:52:50,239 --> 00:52:54,760
Speaker 21: for two days and he ended and he hallucinated the season.

995
00:52:55,600 --> 00:52:57,239
Speaker 21: And when I saw him when he got out of

996
00:52:57,239 --> 00:52:58,600
Speaker 21: the hospital, he said to me, he goes, I haven't

997
00:52:58,640 --> 00:53:01,560
Speaker 21: something in two days, and I had these incredible hallucinations,

998
00:53:02,120 --> 00:53:04,080
Speaker 21: and he told me what he dreamt and that is

999
00:53:04,120 --> 00:53:07,040
Speaker 21: basically what we shot. And I think by the time

1000
00:53:07,080 --> 00:53:10,520
Speaker 21: we left Thailand to go to Japan, we just knew

1001
00:53:10,640 --> 00:53:12,480
Speaker 21: we were going to be filming in Thailand, so it

1002
00:53:12,520 --> 00:53:15,400
Speaker 21: was a very organic, natural process.

1003
00:53:15,680 --> 00:53:19,480
Speaker 2: I'm sure Thailand's tourism industry thanks is bronc concious. Then

1004
00:53:20,000 --> 00:53:22,960
Speaker 2: how do you you mentioned the rebate? What is the rebate?

1005
00:53:23,000 --> 00:53:25,040
Speaker 2: Because I guess everyone in New zealand'll be We'll be

1006
00:53:25,080 --> 00:53:27,880
Speaker 2: asking why didn't you come here? We're you know, we

1007
00:53:27,880 --> 00:53:30,600
Speaker 2: we we love tourism here. We've got a film rebate

1008
00:53:30,640 --> 00:53:32,880
Speaker 2: of twenty percent here. Well did you consider it?

1009
00:53:33,640 --> 00:53:36,440
Speaker 21: Well, now, well, you know, we you know, like Buddhism

1010
00:53:36,520 --> 00:53:38,920
Speaker 21: and like I said, easterful if if New Zealand was

1011
00:53:38,920 --> 00:53:39,960
Speaker 21: a Buddhist country, we.

1012
00:53:39,960 --> 00:53:41,279
Speaker 2: May have concerned it.

1013
00:53:41,320 --> 00:53:44,520
Speaker 21: But I think that was that was that was more

1014
00:53:44,520 --> 00:53:48,600
Speaker 21: of a driver than than the rebate. But you know,

1015
00:53:49,120 --> 00:53:50,840
Speaker 21: I love, we love New Zealand. We I've worked with

1016
00:53:50,920 --> 00:53:54,440
Speaker 21: Jamaine Clement twice. I know Taiker very well. They're brilliant,

1017
00:53:54,560 --> 00:53:58,560
Speaker 21: brilliant guys and so, uh, you know, one day we'd

1018
00:53:58,560 --> 00:53:59,919
Speaker 21: be lucky to be shooting in New Zealand.

1019
00:54:01,200 --> 00:54:04,719
Speaker 2: Just more generally. Obviously you're you're an executive producer, you're

1020
00:54:05,239 --> 00:54:08,719
Speaker 2: Hollywood big wig big wig type. What what do you

1021
00:54:08,800 --> 00:54:11,960
Speaker 2: need to see on paper before you would consider coming

1022
00:54:11,960 --> 00:54:13,480
Speaker 2: to a place like New Zealand. You know, like, what

1023
00:54:13,760 --> 00:54:15,759
Speaker 2: are the most important things? Obviously you've said in this

1024
00:54:15,840 --> 00:54:19,120
Speaker 2: case it was the you know, the religion, the influence

1025
00:54:19,160 --> 00:54:21,520
Speaker 2: of the country and its culture. But when it comes

1026
00:54:21,560 --> 00:54:24,719
Speaker 2: down to business in New Zealand, we're having quite a

1027
00:54:24,760 --> 00:54:27,920
Speaker 2: big debate about how we attract more films and more

1028
00:54:28,000 --> 00:54:30,359
Speaker 2: productions here. What are the things you look for?

1029
00:54:32,800 --> 00:54:35,520
Speaker 21: I mean, I think you know, if it's white little specific,

1030
00:54:35,840 --> 00:54:40,279
Speaker 21: the the subject matter of the of the season is

1031
00:54:40,280 --> 00:54:42,520
Speaker 21: always going to kind of drive us in terms of

1032
00:54:42,520 --> 00:54:44,799
Speaker 21: what countries we're looking at. And you know, season two,

1033
00:54:44,840 --> 00:54:46,480
Speaker 21: we knew we wanted to kind of do a bedroom

1034
00:54:46,520 --> 00:54:48,960
Speaker 21: farce and do something that kind of got into the

1035
00:54:49,000 --> 00:54:53,239
Speaker 21: politics of sex in so we know we looked at

1036
00:54:53,280 --> 00:54:55,560
Speaker 21: really Italy and France, and those were two countries that

1037
00:54:55,640 --> 00:54:59,279
Speaker 21: kind of it made sense for us story wise. I think,

1038
00:54:59,360 --> 00:55:02,080
Speaker 21: just kind of on a broader sense, if you're looking,

1039
00:55:02,160 --> 00:55:04,680
Speaker 21: you know, and I've shot all over the world, really,

1040
00:55:04,760 --> 00:55:08,440
Speaker 21: I mean, those tax rebates are a big driver for

1041
00:55:08,600 --> 00:55:11,919
Speaker 21: productions because you know, there's an inherent cost to fly

1042
00:55:12,080 --> 00:55:15,319
Speaker 21: people to countries and to put them up pay them

1043
00:55:15,320 --> 00:55:18,760
Speaker 21: per dim So the tax credit has to make sense

1044
00:55:19,640 --> 00:55:22,319
Speaker 21: to then pay the cost of traveling everyone outside.

1045
00:55:22,000 --> 00:55:24,560
Speaker 2: Of LA or New York or wherever they're based.

1046
00:55:24,640 --> 00:55:27,520
Speaker 21: So I think, for I speak for most producers, I

1047
00:55:27,600 --> 00:55:30,400
Speaker 21: think when I say it's that, it's that hard number,

1048
00:55:31,440 --> 00:55:34,279
Speaker 21: that that tax rebate number that's really going to drive production. Like,

1049
00:55:34,640 --> 00:55:37,640
Speaker 21: for an example, you know, Italy had a forty percent rebate.

1050
00:55:38,239 --> 00:55:40,840
Speaker 21: I did a movie with Sidney Sweeney called Immaculate. You know,

1051
00:55:40,840 --> 00:55:43,560
Speaker 21: we ended up shooting it in Italy. That forty percent

1052
00:55:43,600 --> 00:55:46,160
Speaker 21: rebate was a big you know, probably was a big

1053
00:55:46,200 --> 00:55:48,560
Speaker 21: deciding factor of why we went to Italy to shoot it.

1054
00:55:48,960 --> 00:55:52,320
Speaker 2: Wow, So it really doesn't matter. Do we need to

1055
00:55:52,400 --> 00:55:57,360
Speaker 2: up a game in from twenty percent? Possibly? Possibly?

1056
00:55:57,680 --> 00:56:00,600
Speaker 21: But in obviously New Zealand is so you know, just

1057
00:56:00,640 --> 00:56:03,960
Speaker 21: like I haven't been there, but I've seen plenty of images.

1058
00:56:04,000 --> 00:56:08,920
Speaker 21: It's such a beautiful country and beautiful landscapes, and I know,

1059
00:56:09,000 --> 00:56:10,840
Speaker 21: and again I know the crew there is great. And

1060
00:56:10,880 --> 00:56:13,400
Speaker 21: so for me it's like, I think, if if that

1061
00:56:13,480 --> 00:56:17,600
Speaker 21: rebate was upped in suddenly you know, Western or whatever

1062
00:56:17,640 --> 00:56:19,920
Speaker 21: European producers kind of saw that number on a on

1063
00:56:19,960 --> 00:56:22,280
Speaker 21: a sheet of paper. I bet you we would attract

1064
00:56:22,280 --> 00:56:23,200
Speaker 21: more attention.

1065
00:56:23,760 --> 00:56:26,040
Speaker 2: Interesting stuff, Dave, thank you so much to that. And

1066
00:56:26,080 --> 00:56:28,440
Speaker 2: maybe that is season four of The White Loaders Here

1067
00:56:28,440 --> 00:56:30,520
Speaker 2: in New Zealand, Da've Bernard his executive producer of The

1068
00:56:30,520 --> 00:56:32,080
Speaker 2: White load is probably the biggest TV show in the

1069
00:56:32,080 --> 00:56:33,560
Speaker 2: world right now. It's eighteen to six.

1070
00:56:33,920 --> 00:56:37,920
Speaker 1: The Huddle with New Zealand Southby's International Realty, local and

1071
00:56:37,960 --> 00:56:40,520
Speaker 1: global exposure like no other journalist.

1072
00:56:40,520 --> 00:56:43,879
Speaker 2: Mark Sainsbury's with us tonight. Hey, Sainso, how's it going?

1073
00:56:44,200 --> 00:56:44,520
Speaker 2: Good thing?

1074
00:56:45,440 --> 00:56:46,960
Speaker 14: A fantastic program?

1075
00:56:47,080 --> 00:56:47,920
Speaker 2: You like it?

1076
00:56:48,080 --> 00:56:49,160
Speaker 14: I love it?

1077
00:56:49,239 --> 00:56:53,319
Speaker 2: Yeah it is. It's sideways Stuart Nashville and Labor and Peace.

1078
00:56:53,360 --> 00:56:56,040
Speaker 2: So that's hey, Stuart, Ryan, how are you mane good? Thanks?

1079
00:56:56,080 --> 00:56:57,440
Speaker 2: Have you watched The White Lotus?

1080
00:56:57,880 --> 00:56:59,560
Speaker 9: I have, of course I love it.

1081
00:56:59,560 --> 00:57:02,480
Speaker 2: It's it's basically, if you explain it to people, it's

1082
00:57:02,640 --> 00:57:05,799
Speaker 2: like a TV show that mocks rich people who go

1083
00:57:05,880 --> 00:57:07,360
Speaker 2: to resorts. That's basically.

1084
00:57:07,360 --> 00:57:08,399
Speaker 16: Maybe that's why we love it.

1085
00:57:08,560 --> 00:57:13,640
Speaker 2: Yeah, Hey, let's talk about the four year terms, stutt

1086
00:57:13,719 --> 00:57:14,920
Speaker 2: what do you reckon? Good idea?

1087
00:57:15,640 --> 00:57:17,960
Speaker 16: Absolutely no brain in fact, I wouldn't take it to referendum.

1088
00:57:18,000 --> 00:57:22,040
Speaker 16: You know, people elect their MPs and department to make decisions.

1089
00:57:22,080 --> 00:57:24,040
Speaker 16: I don't think there's an MP I've ever spoken to

1090
00:57:24,480 --> 00:57:27,280
Speaker 16: who doesn't want a four year term, even the general public.

1091
00:57:27,280 --> 00:57:29,600
Speaker 16: The second tide of elections every three years. Let the

1092
00:57:29,680 --> 00:57:31,680
Speaker 16: MP's vote on it. You've got to have a super

1093
00:57:31,720 --> 00:57:34,480
Speaker 16: majority in order to get this constitutional change through, so

1094
00:57:34,960 --> 00:57:37,280
Speaker 16: basically labor and nationally have to support it. I reckon

1095
00:57:37,320 --> 00:57:38,760
Speaker 16: if you put it to MPs, then they'd vote for

1096
00:57:38,800 --> 00:57:40,880
Speaker 16: it without it going to referendum. Make it happen.

1097
00:57:41,440 --> 00:57:44,360
Speaker 2: Yeah, I think they'd want to reference well, Winston would

1098
00:57:44,400 --> 00:57:47,480
Speaker 2: insist on a referendum, of course, Mark, what do you think?

1099
00:57:47,960 --> 00:57:50,440
Speaker 14: Yeah, look, I totally Graham. And it's the problem. It's

1100
00:57:50,440 --> 00:57:53,680
Speaker 14: the term. It's far too short. People give them the

1101
00:57:53,720 --> 00:57:55,520
Speaker 14: power to take a while to get used to it,

1102
00:57:55,920 --> 00:57:58,600
Speaker 14: they start operating things, and then next thing they're campaigning

1103
00:57:58,600 --> 00:58:01,560
Speaker 14: for the next election. I think a four year term

1104
00:58:01,640 --> 00:58:04,320
Speaker 14: is much more sensible. And I do also agree that

1105
00:58:04,320 --> 00:58:06,640
Speaker 14: there should be more power than the Select committees to

1106
00:58:06,680 --> 00:58:09,919
Speaker 14: volve some of this surround as well. So yeah, look

1107
00:58:09,920 --> 00:58:12,200
Speaker 14: I'm not that bothered if they want to have the referendum.

1108
00:58:12,320 --> 00:58:15,480
Speaker 14: But in the PASTI Stuart, they've all hung off in

1109
00:58:15,560 --> 00:58:17,280
Speaker 14: the path. I think the last time we had a

1110
00:58:17,320 --> 00:58:20,520
Speaker 14: referendum on this was back in the late sixties.

1111
00:58:20,560 --> 00:58:21,360
Speaker 6: I think it was.

1112
00:58:23,040 --> 00:58:24,320
Speaker 2: Ninety I think we had one.

1113
00:58:24,800 --> 00:58:26,680
Speaker 14: Do we have another one there? Yeah, that'd be right.

1114
00:58:26,920 --> 00:58:27,920
Speaker 2: Yeah, yeah.

1115
00:58:27,960 --> 00:58:30,280
Speaker 16: I wasn't born in the sixties, Mark, But you know,

1116
00:58:30,400 --> 00:58:36,440
Speaker 16: times have changed and I don't think that David Seymour

1117
00:58:36,520 --> 00:58:39,800
Speaker 16: suggestion is sensible. Why would you hand over power to

1118
00:58:39,840 --> 00:58:43,200
Speaker 16: the opposition when you're in government? Look, things work pretty

1119
00:58:43,200 --> 00:58:45,360
Speaker 16: well in select committees as they are. My experience and

1120
00:58:45,360 --> 00:58:47,600
Speaker 16: I've been a lot of select committees, is MP's actually

1121
00:58:47,600 --> 00:58:50,200
Speaker 16: work really closely together. The public don't see that select

1122
00:58:50,240 --> 00:58:53,040
Speaker 16: movities work well. Don't hand over power to the opposition

1123
00:58:53,120 --> 00:58:55,080
Speaker 16: on select committees. Just suck it up when you're in

1124
00:58:55,120 --> 00:58:57,720
Speaker 16: opposition being an opposition when you're in government government and

1125
00:58:57,800 --> 00:58:58,520
Speaker 16: make stuff happen.

1126
00:58:58,560 --> 00:58:59,560
Speaker 9: It's the problem with this government.

1127
00:58:59,680 --> 00:59:02,360
Speaker 2: Do you know want do you know why he's done that?

1128
00:59:02,440 --> 00:59:02,640
Speaker 3: Though?

1129
00:59:03,720 --> 00:59:07,440
Speaker 2: Get there? The reason, No, the reason he's done it

1130
00:59:07,480 --> 00:59:10,240
Speaker 2: is because of when you guys were in power and

1131
00:59:10,280 --> 00:59:13,360
Speaker 2: the extreme power that you guys had, and obviously it

1132
00:59:13,400 --> 00:59:15,720
Speaker 2: was a pandemic but the extreme power that you guys

1133
00:59:15,760 --> 00:59:19,560
Speaker 2: had and the feeling which clearly the public have now

1134
00:59:19,600 --> 00:59:22,760
Speaker 2: come to appreciate that you had too much power and

1135
00:59:22,800 --> 00:59:25,280
Speaker 2: there wasn't enough say from other groups. He's just saying,

1136
00:59:25,600 --> 00:59:27,680
Speaker 2: if we're going to go for four years, we need

1137
00:59:27,720 --> 00:59:28,760
Speaker 2: to balance it out a bit.

1138
00:59:29,480 --> 00:59:30,240
Speaker 9: Oh that's rubbish.

1139
00:59:30,320 --> 00:59:32,760
Speaker 16: Look, the bottom line is, mate, is that the National

1140
00:59:32,760 --> 00:59:35,680
Speaker 16: Party will the National Government will control all selectmmitties. At

1141
00:59:35,680 --> 00:59:39,200
Speaker 16: the moment, John Key's government controlled all Select committees. It's

1142
00:59:39,240 --> 00:59:41,160
Speaker 16: one of the privileges of being in government. You get

1143
00:59:41,200 --> 00:59:44,080
Speaker 16: controlled the Select committees. But as mentioned, what most people

1144
00:59:44,160 --> 00:59:47,320
Speaker 16: don't realize is MPs of all hues and colors actually

1145
00:59:47,360 --> 00:59:50,760
Speaker 16: get on really well to ensure that legislation and bills

1146
00:59:50,760 --> 00:59:53,480
Speaker 16: placed in front of them, our work through. They work

1147
00:59:53,560 --> 00:59:54,880
Speaker 16: really well with officials.

1148
00:59:54,600 --> 00:59:55,480
Speaker 9: Is very very real.

1149
00:59:55,640 --> 00:59:57,880
Speaker 16: Cation there is, but very really politics and selective may

1150
00:59:57,960 --> 00:59:59,680
Speaker 16: just leave it as it is, except change the term

1151
00:59:59,720 --> 01:00:01,080
Speaker 16: before just going with it.

1152
01:00:01,120 --> 01:00:02,440
Speaker 2: All right, we're going to get on with this. S

1153
01:00:02,480 --> 01:00:05,280
Speaker 2: break Mark Sainsbury's Stuart Nash on the huddle back in

1154
01:00:05,280 --> 01:00:05,720
Speaker 2: a second.

1155
01:00:06,400 --> 01:00:10,120
Speaker 1: The Huddle with New Zealand Southeby's International Realty elevate the

1156
01:00:10,160 --> 01:00:11,560
Speaker 1: marketing of your home.

1157
01:00:11,680 --> 01:00:13,919
Speaker 2: Twelve minutes away from six For those who are still

1158
01:00:13,960 --> 01:00:15,920
Speaker 2: interested in the pregnant woman who gave birth on the

1159
01:00:15,960 --> 01:00:18,800
Speaker 2: plane into a New Plymouth today on a near New

1160
01:00:18,920 --> 01:00:22,280
Speaker 2: Zealand flight that had caused the cancelation of the next one. Anyway,

1161
01:00:22,400 --> 01:00:24,400
Speaker 2: someone has just got in touch as a midwife. She said,

1162
01:00:24,440 --> 01:00:27,320
Speaker 2: you can basically fly up to four hours in flight

1163
01:00:27,400 --> 01:00:29,920
Speaker 2: length to the end of the fortieth week. This is

1164
01:00:29,960 --> 01:00:31,960
Speaker 2: according to the New Zealand College of Midwives. So there

1165
01:00:32,000 --> 01:00:34,920
Speaker 2: you go. Mark Sainsbury and Stuart Nash on the huddle tonight.

1166
01:00:35,120 --> 01:00:38,840
Speaker 2: Welcome back, guys. Now let's talk about restaurant Well, we

1167
01:00:38,880 --> 01:00:41,080
Speaker 2: could do restaurant brands, but I'll come to them in

1168
01:00:41,120 --> 01:00:44,320
Speaker 2: a second. Actually, we could also talk about the restaurant

1169
01:00:44,480 --> 01:00:47,520
Speaker 2: at school. Well would you call it restaurant quality? This

1170
01:00:47,600 --> 01:00:51,280
Speaker 2: is David Seymour in his school lunches, and Carmel Sipaloni

1171
01:00:51,280 --> 01:00:54,120
Speaker 2: today has come out and said, which I think is

1172
01:00:54,160 --> 01:00:58,960
Speaker 2: a little extreme, Mark, that David Seymour needs to resign

1173
01:01:00,080 --> 01:01:04,400
Speaker 2: as a minister for botching the school lunch program. What

1174
01:01:04,440 --> 01:01:04,920
Speaker 2: do you reckon?

1175
01:01:05,520 --> 01:01:08,680
Speaker 14: Yeah, well, Hope springs a tannel, of course, I mean, hey,

1176
01:01:08,760 --> 01:01:10,360
Speaker 14: and of course he's going to say that. I mean,

1177
01:01:10,680 --> 01:01:13,560
Speaker 14: the thing with it is this was such identified as

1178
01:01:13,560 --> 01:01:15,560
Speaker 14: his issue. He's the one who pushed it through. He's

1179
01:01:15,560 --> 01:01:17,360
Speaker 14: the one who did all the front putting on it.

1180
01:01:17,440 --> 01:01:19,600
Speaker 14: So he's got to wear the flat when it doesn't

1181
01:01:19,640 --> 01:01:22,520
Speaker 14: go right. But you know there's not going to be

1182
01:01:22,560 --> 01:01:24,560
Speaker 14: a resignation, no, Stuart.

1183
01:01:24,640 --> 01:01:27,280
Speaker 2: Do you think if a kid's hungry, they're elite what's

1184
01:01:27,320 --> 01:01:28,160
Speaker 2: in front of them?

1185
01:01:28,520 --> 01:01:28,600
Speaker 17: No?

1186
01:01:28,720 --> 01:01:31,640
Speaker 16: I don't actually, but I agree with Mike on this.

1187
01:01:31,680 --> 01:01:33,400
Speaker 16: You know he shouldn't resign, but he has to take

1188
01:01:33,400 --> 01:01:35,600
Speaker 16: the flag. I mean, the meals that I've seen don't

1189
01:01:35,600 --> 01:01:38,480
Speaker 16: look particularly palatable. But I'll be honest with you, mate,

1190
01:01:38,480 --> 01:01:41,560
Speaker 16: that this sort of comes to represent what extends for

1191
01:01:41,600 --> 01:01:44,680
Speaker 16: and it's mediocrity. As Mark said, this was a really

1192
01:01:44,720 --> 01:01:46,560
Speaker 16: big platform for them. And I'm a big fan of

1193
01:01:46,600 --> 01:01:48,360
Speaker 16: lunches and schools, and I saw the stuff under the

1194
01:01:48,400 --> 01:01:50,720
Speaker 16: other under the previous program, it's pretty nutritious. It was

1195
01:01:50,720 --> 01:01:53,200
Speaker 16: pretty nice, It was good stuff. What I see now

1196
01:01:53,280 --> 01:01:55,439
Speaker 16: just up to these kids. I mean, you know, you'd

1197
01:01:55,440 --> 01:01:57,320
Speaker 16: have to be pretty bloody hungry to eat it, but.

1198
01:01:58,840 --> 01:02:00,320
Speaker 2: Doesn't that the points to it. You're mean to be

1199
01:02:00,360 --> 01:02:02,640
Speaker 2: pretty bloody hungry to get it? Because it's free.

1200
01:02:03,240 --> 01:02:06,200
Speaker 16: No, I don't buy into that whatsoever. Just because it's free.

1201
01:02:06,200 --> 01:02:08,400
Speaker 16: It doesn't mean you feed up ship. If it's free,

1202
01:02:08,480 --> 01:02:09,360
Speaker 16: you've got to make.

1203
01:02:09,200 --> 01:02:10,200
Speaker 2: Sure it's not.

1204
01:02:11,600 --> 01:02:12,200
Speaker 14: All Ryan.

1205
01:02:16,240 --> 01:02:18,120
Speaker 2: Let's keep it real. What did you have when you

1206
01:02:18,160 --> 01:02:20,480
Speaker 2: went to school? I had lunch and sausage and a

1207
01:02:20,560 --> 01:02:22,560
Speaker 2: sam and it was the same every day. But these

1208
01:02:22,600 --> 01:02:24,600
Speaker 2: kids are complaining they're getting pit a pit eight days

1209
01:02:24,600 --> 01:02:27,040
Speaker 2: in the row. I would have been absolutely delighted.

1210
01:02:27,960 --> 01:02:29,800
Speaker 16: Yeah, it's not the pit pit that you go down

1211
01:02:29,840 --> 01:02:32,320
Speaker 16: and buy after a game of whatever you play. And

1212
01:02:32,360 --> 01:02:34,880
Speaker 16: this is a This is stuff that doesn't look that palatable,

1213
01:02:34,920 --> 01:02:37,160
Speaker 16: to be honest. But you know, I get what you're saying.

1214
01:02:37,200 --> 01:02:38,480
Speaker 16: But if you're going to do this, if you're going

1215
01:02:38,560 --> 01:02:40,760
Speaker 16: to provide kids with lunch, make sure it's nutritious, make

1216
01:02:40,800 --> 01:02:43,160
Speaker 16: sure it looks good, make sure it's palatable, and cut

1217
01:02:43,160 --> 01:02:45,720
Speaker 16: out the waist. But as mentioned, this is this is

1218
01:02:45,840 --> 01:02:48,000
Speaker 16: kind of where it's more at the moment, which is

1219
01:02:48,080 --> 01:02:51,160
Speaker 16: which is mediocrity, which is not good. They know what's

1220
01:02:51,200 --> 01:02:52,480
Speaker 16: a big game but doesn't really deliver.

1221
01:02:52,600 --> 01:02:55,200
Speaker 2: Well, Well, what's happened here is that we've got the

1222
01:02:55,280 --> 01:02:58,720
Speaker 2: program has morphed from what we mark Originally we were

1223
01:02:58,760 --> 01:03:02,439
Speaker 2: told there were kids so star they couldn't learn. Now

1224
01:03:02,480 --> 01:03:05,400
Speaker 2: we're hearing that there are kids who will throw the

1225
01:03:05,480 --> 01:03:08,520
Speaker 2: lunch out because they don't want it. I mean, which

1226
01:03:08,520 --> 01:03:12,920
Speaker 2: which is that.

1227
01:03:10,960 --> 01:03:13,200
Speaker 14: It doesn't necessarily have to be one or the other.

1228
01:03:13,280 --> 01:03:15,240
Speaker 14: I mean, I agree with Stuart, if you're going to

1229
01:03:15,240 --> 01:03:17,680
Speaker 14: provide a lunch, it should be nutritious. I mean, just

1230
01:03:17,680 --> 01:03:19,640
Speaker 14: because they're getting it for free doesn't mean you can

1231
01:03:19,640 --> 01:03:24,760
Speaker 14: give them cramp. You know, it's affraord to pay for

1232
01:03:24,760 --> 01:03:27,040
Speaker 14: your own food, so you just take what take what

1233
01:03:27,080 --> 01:03:30,640
Speaker 14: you get. You know, they promised. The promise was these

1234
01:03:30,680 --> 01:03:34,200
Speaker 14: would be nutritious. They would be they would be advertizing

1235
01:03:34,440 --> 01:03:37,240
Speaker 14: they would meet all the various needs, and it's simply

1236
01:03:37,280 --> 01:03:37,800
Speaker 14: not working.

1237
01:03:38,120 --> 01:03:40,520
Speaker 2: All right, Well, I'm not willing to say gment in

1238
01:03:40,600 --> 01:03:41,240
Speaker 2: mine with you two.

1239
01:03:42,240 --> 01:03:43,040
Speaker 12: Can you go back to.

1240
01:03:42,960 --> 01:03:45,320
Speaker 14: Your lunch the images the rest of the week.

1241
01:03:45,240 --> 01:03:48,680
Speaker 2: Ryan, they were good.

1242
01:03:50,000 --> 01:03:50,800
Speaker 9: For the rest of the week.

1243
01:03:50,840 --> 01:03:51,760
Speaker 22: You know, for for a month.

1244
01:03:51,800 --> 01:03:53,400
Speaker 16: You eat these lunches and come back and tell us

1245
01:03:53,440 --> 01:03:55,760
Speaker 16: if you think they're good and nutritious and impalatable.

1246
01:03:55,880 --> 01:03:58,400
Speaker 2: You know, I'm eating high protein diet at the moment, Stuart,

1247
01:03:58,400 --> 01:04:00,080
Speaker 2: I've told you that I'm trying.

1248
01:04:00,000 --> 01:04:00,960
Speaker 9: And you look gloody good for it.

1249
01:04:01,280 --> 01:04:03,280
Speaker 16: But you're a lot better than these kids are.

1250
01:04:04,120 --> 01:04:07,200
Speaker 2: Hey, let's talk about restaurant brands. So a sixty two

1251
01:04:07,200 --> 01:04:10,120
Speaker 2: percent increase a strong result. This is the owner of KFC,

1252
01:04:10,200 --> 01:04:14,280
Speaker 2: Taco Bell, et cetera. And fast food sales have been

1253
01:04:14,360 --> 01:04:16,760
Speaker 2: on the rise. And this tends to happen when there's

1254
01:04:16,760 --> 01:04:18,960
Speaker 2: a recession on because it's cheap of food, right, So

1255
01:04:19,400 --> 01:04:21,400
Speaker 2: is that a good thing? I mean, obviously we should

1256
01:04:21,400 --> 01:04:23,040
Speaker 2: be happy that a company is doing well, but what

1257
01:04:23,040 --> 01:04:24,240
Speaker 2: does it say about the rest of us?

1258
01:04:24,280 --> 01:04:24,480
Speaker 23: Mark?

1259
01:04:25,800 --> 01:04:28,000
Speaker 14: Yeah, look at I do. You know the first thing

1260
01:04:28,040 --> 01:04:32,040
Speaker 14: I thought when I saw this today was KFC sponsoring

1261
01:04:32,080 --> 01:04:34,680
Speaker 14: the or Blacks. You know, you watch the if you

1262
01:04:34,800 --> 01:04:38,360
Speaker 14: if you watch any of the Live Rugby, and especially

1263
01:04:38,440 --> 01:04:41,320
Speaker 14: with the you know, the Super rug Super Rugby, You've got,

1264
01:04:41,720 --> 01:04:44,720
Speaker 14: you've got, you've got all the KFC. It's all around it,

1265
01:04:44,800 --> 01:04:48,840
Speaker 14: you know, And I mean, look, I indulge in KFC.

1266
01:04:48,880 --> 01:04:52,080
Speaker 14: It's duty if you've had a humongous night the night before.

1267
01:04:52,200 --> 01:04:55,280
Speaker 14: So it's not that's a bit rare of these days.

1268
01:04:55,600 --> 01:04:58,360
Speaker 14: But you know, I mean that's let's be honest about

1269
01:05:00,080 --> 01:05:01,200
Speaker 14: keep chicken.

1270
01:05:01,400 --> 01:05:03,800
Speaker 2: It's good, it's good.

1271
01:05:04,120 --> 01:05:06,360
Speaker 16: Do you reckon this chicken and they're how The really

1272
01:05:06,360 --> 01:05:09,000
Speaker 16: funny thing, right, is, when you interviewed that, when you

1273
01:05:09,040 --> 01:05:11,480
Speaker 16: interviewed that guy, Mike Igan, who's president of the Resident

1274
01:05:11,520 --> 01:05:14,200
Speaker 16: Right Association, and you said, you asked them, is the

1275
01:05:14,240 --> 01:05:16,080
Speaker 16: price of food going up and down? And he said,

1276
01:05:16,600 --> 01:05:19,280
Speaker 16: the price of raw materials doesn't matter. I thought, that's it, mate,

1277
01:05:19,280 --> 01:05:20,920
Speaker 16: It's not the price of food, it's the price of

1278
01:05:21,000 --> 01:05:24,440
Speaker 16: raw materials. You know, we've got we've got an obesity

1279
01:05:24,680 --> 01:05:26,960
Speaker 16: in this country. We've got a diabetics problem. We've got

1280
01:05:26,960 --> 01:05:29,200
Speaker 16: a whole lot of unhealthy people running around and part

1281
01:05:29,240 --> 01:05:31,760
Speaker 16: of the reason for that is they're eating KFC. I

1282
01:05:31,760 --> 01:05:34,120
Speaker 16: mean this stuff. You know, we talked about ship food

1283
01:05:34,160 --> 01:05:37,840
Speaker 16: and schools. This stuff is terrible, It really is. Let's

1284
01:05:37,840 --> 01:05:38,440
Speaker 16: be honest about that.

1285
01:05:38,440 --> 01:05:39,840
Speaker 9: We shouldn't be celebrating the fact.

1286
01:05:39,720 --> 01:05:40,760
Speaker 16: That we're eating more KFC.

1287
01:05:42,720 --> 01:05:44,800
Speaker 14: And you guys, when you're in power, why didn't you

1288
01:05:44,880 --> 01:05:46,800
Speaker 14: be in the fuzzy drinks because these and you're going

1289
01:05:46,840 --> 01:05:51,840
Speaker 14: to get onto the whole the gallons of sugary drink.

1290
01:05:51,920 --> 01:05:53,640
Speaker 16: Well, I want to ask, right, I want to ask Ryan,

1291
01:05:53,680 --> 01:05:56,360
Speaker 16: because Ryan's a good looking blake, healthy.

1292
01:05:56,600 --> 01:05:58,560
Speaker 9: When was the last time you had KFC.

1293
01:05:58,440 --> 01:06:01,880
Speaker 2: Right, honestly about three weeks ago and I had and

1294
01:06:01,960 --> 01:06:04,040
Speaker 2: I had about five Are we going to go? I'm

1295
01:06:04,040 --> 01:06:07,480
Speaker 2: being told off Saintzo and Stuart Nash on the huddleback

1296
01:06:07,480 --> 01:06:08,000
Speaker 2: in a second.

1297
01:06:09,000 --> 01:06:12,520
Speaker 1: It's the Heather Duplessy Allen Drive Full Show podcast on

1298
01:06:12,680 --> 01:06:15,920
Speaker 1: iHeartRadio powered by NEWSTALKSB.

1299
01:06:16,600 --> 01:06:18,959
Speaker 2: News Talks VB. It is four minutes away from six.

1300
01:06:19,000 --> 01:06:21,040
Speaker 2: We just had the huddle with Stuart Nash and Mark

1301
01:06:21,120 --> 01:06:23,840
Speaker 2: Sainsbury and boy did the text machine go nuts a

1302
01:06:23,840 --> 01:06:26,600
Speaker 2: couple very quickly. Ryan Cavec is doing so well. This

1303
01:06:26,680 --> 01:06:29,560
Speaker 2: is Restaurant Brands, the parent company of CAC reporting a prophit.

1304
01:06:30,280 --> 01:06:32,600
Speaker 2: Ryan Casey is doing so well as all the kids

1305
01:06:32,600 --> 01:06:35,200
Speaker 2: who can't afford school lunches are getting their dinner from there.

1306
01:06:36,880 --> 01:06:40,800
Speaker 2: Needs something to think about. Ryan, Surely takeaways are not cheaper.

1307
01:06:41,120 --> 01:06:43,760
Speaker 2: It's freaking expensive. Yeah, you're right. Actually we shouldn't call

1308
01:06:43,760 --> 01:06:47,000
Speaker 2: it low cost. It's bloody expensive. Your News Talks EDB

1309
01:06:47,440 --> 01:06:50,040
Speaker 2: coming up next, we look at this in video result

1310
01:06:50,080 --> 01:06:53,240
Speaker 2: the biggest stock in the world, and Liam Dan's here

1311
01:06:53,240 --> 01:06:55,240
Speaker 2: with the am Z Consumer Confidence Survey.

1312
01:07:11,600 --> 01:07:16,920
Speaker 1: Where business meets insight. The Business Hour with Ryan Bridge

1313
01:07:17,200 --> 01:07:21,800
Speaker 1: and Mares insurance and investments. Grow your wealth, protect your future.

1314
01:07:22,080 --> 01:07:24,560
Speaker 2: News talk, said b Did Evening seven, half and six

1315
01:07:24,640 --> 01:07:26,920
Speaker 2: News Talks, said b Liam Dan very shortly on the

1316
01:07:26,920 --> 01:07:29,360
Speaker 2: A and Z consumer confidence survey. We'll look at this

1317
01:07:29,480 --> 01:07:32,360
Speaker 2: draft in Tartanaki and what support's available for farmers. We're

1318
01:07:32,400 --> 01:07:34,720
Speaker 2: live to Hanoi. Luxon has signed a deal that only

1319
01:07:34,840 --> 01:07:37,200
Speaker 2: nine other countries have managed to do with the Vietnamese.

1320
01:07:37,880 --> 01:07:40,919
Speaker 2: Right now, the most valuable company in the world has

1321
01:07:41,000 --> 01:07:43,520
Speaker 2: reported its results today. Its market cap is more than

1322
01:07:43,560 --> 01:07:47,600
Speaker 2: three trillion dollars. It's California based computer chip manufacturer in

1323
01:07:47,640 --> 01:07:51,320
Speaker 2: Nvidiat reporting sixty nine billion New Zealand dollars in revenue

1324
01:07:51,360 --> 01:07:53,760
Speaker 2: for the first three months to January twenty six. That

1325
01:07:53,880 --> 01:07:56,440
Speaker 2: is a record number for the company, which means it's

1326
01:07:56,520 --> 01:07:59,240
Speaker 2: probably a record number for the world and better than

1327
01:07:59,240 --> 01:08:02,760
Speaker 2: forecast were pretty Greg Smith is with Devin Funds. He's

1328
01:08:02,760 --> 01:08:05,760
Speaker 2: the head of retail. Greg Good Evening, Good Evening, right,

1329
01:08:05,960 --> 01:08:08,040
Speaker 2: So what are they doing. Well, there're this new chip

1330
01:08:08,080 --> 01:08:09,640
Speaker 2: that they've got high uptake for that.

1331
01:08:10,600 --> 01:08:13,600
Speaker 24: Yeah, that's right, these high performance, high tech chips. So

1332
01:08:13,640 --> 01:08:16,400
Speaker 24: they say it's all about AI. Demand sells up nearly

1333
01:08:16,479 --> 01:08:21,200
Speaker 24: eighty percent as you said, and this the growth has

1334
01:08:21,240 --> 01:08:23,960
Speaker 24: slowed down if you have the past yet, was sixty

1335
01:08:23,960 --> 01:08:26,160
Speaker 24: five percent? Go back a year ago is two one

1336
01:08:26,240 --> 01:08:28,400
Speaker 24: hundred and sixty percent. It is slowing down a bit,

1337
01:08:28,439 --> 01:08:31,120
Speaker 24: but yeah, certain they're certainly sort of kicking goals in

1338
01:08:31,200 --> 01:08:34,080
Speaker 24: terms of the demand for their chips. There's no denying that.

1339
01:08:34,160 --> 01:08:36,040
Speaker 24: And it's really been reflecting the ship. I should look

1340
01:08:36,040 --> 01:08:39,080
Speaker 24: at that. It's up nine hundred percent since only twenty

1341
01:08:39,120 --> 01:08:40,840
Speaker 24: twenty three, and the only company worth more in the

1342
01:08:40,840 --> 01:08:44,479
Speaker 24: world of Apple, and it's worth thirty times more than

1343
01:08:44,520 --> 01:08:47,519
Speaker 24: the entire value about stock market. So not bad for

1344
01:08:47,520 --> 01:08:49,599
Speaker 24: a company that was founded in ninety ninety three over

1345
01:08:49,600 --> 01:08:50,599
Speaker 24: a coffee at the Dennis.

1346
01:08:51,479 --> 01:08:53,840
Speaker 2: Is Apple back and ahead of it because then Video

1347
01:08:54,000 --> 01:08:56,160
Speaker 2: was ahead of Apple. Is Apple back out in front

1348
01:08:56,160 --> 01:08:58,080
Speaker 2: now are they? Yeah, that's right.

1349
01:08:58,080 --> 01:09:00,960
Speaker 24: This would have been sort of jostling for position a bit.

1350
01:09:01,040 --> 01:09:04,599
Speaker 24: But Apple, of course is also on the AI trainers

1351
01:09:04,840 --> 01:09:07,720
Speaker 24: are all the big tech are hoping that that sort

1352
01:09:07,760 --> 01:09:11,080
Speaker 24: of drives the next round of upgrades in their iPhones.

1353
01:09:11,120 --> 01:09:14,439
Speaker 24: But in Theymvidia that controls around about eighty percent of

1354
01:09:14,439 --> 01:09:19,280
Speaker 24: the AI market. So you're seeing the likes of Amazon, Meta, Microsoft, Google,

1355
01:09:19,360 --> 01:09:22,000
Speaker 24: they are all customers and all about this exponential growth

1356
01:09:22,000 --> 01:09:25,240
Speaker 24: of the cloud as well. Yeah, you think chat, GPT

1357
01:09:26,000 --> 01:09:28,760
Speaker 24: and those sort of AI models, they require these high

1358
01:09:28,760 --> 01:09:32,280
Speaker 24: performance chips. So look, there's no denying demand this seeing

1359
01:09:32,479 --> 01:09:35,200
Speaker 24: and you can actually argue that even at three point

1360
01:09:35,240 --> 01:09:39,160
Speaker 24: two trillion US dollars, it's not expensive. So it's trading

1361
01:09:39,160 --> 01:09:42,080
Speaker 24: on a valuation of around thirty times. And so to

1362
01:09:42,080 --> 01:09:44,519
Speaker 24: give you an idea fridge and poggle. Healthcare in New

1363
01:09:44,640 --> 01:09:47,960
Speaker 24: Zealand is very nearly fifty times and is growing at

1364
01:09:48,000 --> 01:09:49,640
Speaker 24: a slower rate. But I guess the key thing of

1365
01:09:49,800 --> 01:09:51,680
Speaker 24: arts rhyme will be, you know, are they going to

1366
01:09:51,720 --> 01:09:55,000
Speaker 24: have it their own way and infinitum, which is possibly

1367
01:09:55,040 --> 01:09:57,320
Speaker 24: not the case. And one real interesting thing that people

1368
01:09:57,400 --> 01:10:00,559
Speaker 24: might have heard off of this new Chinese startup Deep

1369
01:10:00,600 --> 01:10:03,639
Speaker 24: Sea and are basically claiming that you don't need these

1370
01:10:03,720 --> 01:10:07,679
Speaker 24: high performance chips that in video producers to run their

1371
01:10:07,720 --> 01:10:10,920
Speaker 24: AI models. So that's not proven yet, but yeah, if

1372
01:10:10,960 --> 01:10:13,000
Speaker 24: that is does prove to be the case, and it

1373
01:10:13,040 --> 01:10:16,280
Speaker 24: could be really have really strong implications for in video.

1374
01:10:16,560 --> 01:10:18,439
Speaker 2: People are still a bit skeptical about that claim at

1375
01:10:18,479 --> 01:10:20,240
Speaker 2: this point, and I think it's fair to say investors,

1376
01:10:20,439 --> 01:10:22,639
Speaker 2: but what about the fact that they're now making more

1377
01:10:22,680 --> 01:10:24,479
Speaker 2: off their data centers than anything else.

1378
01:10:25,400 --> 01:10:29,400
Speaker 24: Oh absolutely, and yes, it's it's ninety one percent. It's

1379
01:10:29,479 --> 01:10:31,559
Speaker 24: in video been around a long time. You know, they've

1380
01:10:31,560 --> 01:10:34,479
Speaker 24: been around since the early nineteen nineties, so you know,

1381
01:10:34,479 --> 01:10:37,439
Speaker 24: it's really only the last few years that have been

1382
01:10:37,760 --> 01:10:41,240
Speaker 24: seeing some explosion and growth from data centers, and in

1383
01:10:41,280 --> 01:10:45,559
Speaker 24: fact it's risen tenfold over the past two years. So

1384
01:10:45,640 --> 01:10:48,400
Speaker 24: that's that's where really where all the growth is coming from.

1385
01:10:48,920 --> 01:10:51,120
Speaker 24: You know, these the data centers that used to sort

1386
01:10:51,160 --> 01:10:53,519
Speaker 24: of have in company buildings are sort of now moving

1387
01:10:53,560 --> 01:10:55,599
Speaker 24: away from that, and that's sort of what it's all about.

1388
01:10:55,640 --> 01:10:59,280
Speaker 24: And now we're seeing the likes of big tech. Obviously

1389
01:10:59,280 --> 01:11:00,960
Speaker 24: we've seen them in news ellen as well. There's been

1390
01:11:00,960 --> 01:11:04,640
Speaker 24: a real proliferation of them, so that's in videos writing it,

1391
01:11:04,680 --> 01:11:06,880
Speaker 24: and you can't argue that they're seeing a demand. I

1392
01:11:06,880 --> 01:11:09,599
Speaker 24: guess this thing will be on the other side, and

1393
01:11:09,600 --> 01:11:13,120
Speaker 24: how these big tech companies actually monetize us. So that's

1394
01:11:13,120 --> 01:11:15,760
Speaker 24: probably going to be the next interesting thing. And some

1395
01:11:15,840 --> 01:11:18,920
Speaker 24: are perhaps rightly comparing this to what happened in the

1396
01:11:18,960 --> 01:11:21,640
Speaker 24: dot com boom, and some of the old enough to

1397
01:11:21,720 --> 01:11:26,280
Speaker 24: may remember that the biggest company in the world was Cisco.

1398
01:11:26,720 --> 01:11:29,120
Speaker 24: You go back that time is actually we'll get double

1399
01:11:29,200 --> 01:11:31,519
Speaker 24: Microsoft now that's still around and they used to they

1400
01:11:31,560 --> 01:11:33,360
Speaker 24: produced routers and that was going to be the next

1401
01:11:33,360 --> 01:11:36,200
Speaker 24: big thing. They are currently valued that a couple of

1402
01:11:36,280 --> 01:11:39,120
Speaker 24: hundred billion news dollars. So, yeah, things can change. You

1403
01:11:39,160 --> 01:11:41,719
Speaker 24: can go from being a darling to a not so darling.

1404
01:11:41,760 --> 01:11:44,639
Speaker 24: So but for now and video is certainly riding the way.

1405
01:11:45,040 --> 01:11:47,000
Speaker 2: Yeah, interesting and we'll see what the Chinese have got

1406
01:11:47,040 --> 01:11:49,599
Speaker 2: to say about it. Thanks Greg, Greg Smith, Devin Funds,

1407
01:11:49,600 --> 01:11:52,240
Speaker 2: head of retail disc one eleven after six year on

1408
01:11:52,280 --> 01:11:54,479
Speaker 2: news Talks, here'd be coming up next. Liam Dan's here.

1409
01:11:54,520 --> 01:11:57,599
Speaker 2: How are we feeling? Consumers? Liam has the answer.

1410
01:11:58,479 --> 01:12:02,000
Speaker 1: It's the Heather Dupless Ellen Dry Full Show podcast on

1411
01:12:02,120 --> 01:12:03,920
Speaker 1: iHeartRadio empowered.

1412
01:12:03,560 --> 01:12:04,719
Speaker 3: By Newstalk ZEBI.

1413
01:12:06,439 --> 01:12:09,080
Speaker 2: It's time to invest in yourself. In Milford's words, to

1414
01:12:09,120 --> 01:12:11,680
Speaker 2: make twenty twenty five your Money's year. I think we've

1415
01:12:11,720 --> 01:12:14,840
Speaker 2: all realized that retirement planning needs to happen now. In

1416
01:12:14,920 --> 01:12:17,800
Speaker 2: the present. You has to look after future you, and

1417
01:12:17,840 --> 01:12:21,040
Speaker 2: that starts here mapping out the journey, knowing what it'll

1418
01:12:21,080 --> 01:12:23,360
Speaker 2: take to get there. These things are all crucial start

1419
01:12:23,400 --> 01:12:26,519
Speaker 2: by visiting money goals dot co dot enz. You'll find

1420
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Speaker 2: a range of Milford's investing insights, financial goal setting tips,

1421
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Speaker 2: expert kee we savor hacks, and info on retirement planning.

1422
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Speaker 2: When they say there's something for everyone there, well, that's

1423
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Speaker 2: pretty much on the money. Milford's role in this is

1424
01:12:38,240 --> 01:12:41,360
Speaker 2: to empower you to grow your money through the right

1425
01:12:41,400 --> 01:12:44,800
Speaker 2: investments to balance the risks and the returns. Future you

1426
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Speaker 2: will thank you for it. Visit money goals dot co

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Speaker 2: dot nz. That's money goals dot co dot enz. Past

1428
01:12:51,280 --> 01:12:54,120
Speaker 2: performance is not a reliable indicator of future performance. Milford

1429
01:12:54,120 --> 01:12:56,400
Speaker 2: Funds Limited as the issue of the Milford Keewsaber Plan

1430
01:12:56,400 --> 01:12:58,439
Speaker 2: and the Milford Investment Funds. Go to Milford Asset dot

1431
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Speaker 2: com to read the revelovant Milford Product disclosure statement and

1432
01:13:01,120 --> 01:13:03,519
Speaker 2: to read their financial Advice Provider disclosure statement.

1433
01:13:03,720 --> 01:13:07,479
Speaker 1: Encroaching the numbers and getting the results. It's Ryan Bridge

1434
01:13:07,600 --> 01:13:11,840
Speaker 1: with the Business Hour and Mass Insurance and Investments Crew,

1435
01:13:11,920 --> 01:13:13,479
Speaker 1: Your wealth, Protect your future.

1436
01:13:13,640 --> 01:13:14,600
Speaker 9: The news talks that'd be.

1437
01:13:15,840 --> 01:13:17,920
Speaker 2: Quarter past fixs news talks would be the latest as

1438
01:13:18,080 --> 01:13:21,040
Speaker 2: Business Outlooks Survey, not Consumer outlook Survey. Sorry I put

1439
01:13:21,080 --> 01:13:23,519
Speaker 2: your wrong earlier. Business outlook surveys out and paint some

1440
01:13:23,640 --> 01:13:26,960
Speaker 2: mixed picture. The overall confidence up four points, but companies

1441
01:13:27,000 --> 01:13:29,160
Speaker 2: confidence in their own futures taking a bit of a hit.

1442
01:13:29,600 --> 01:13:31,960
Speaker 2: Liam Dan's with US News Allen Herrell, business editor at Large,

1443
01:13:32,000 --> 01:13:34,559
Speaker 2: highlymb good it Ryan, Yeah, good to have you on.

1444
01:13:34,600 --> 01:13:36,200
Speaker 2: So what are these figures telling us?

1445
01:13:36,680 --> 01:13:38,519
Speaker 9: Yeah, yeah, mix mixed picture. All right.

1446
01:13:39,320 --> 01:13:42,240
Speaker 25: Look, I wanted to put the most upbeat thing in

1447
01:13:42,280 --> 01:13:45,639
Speaker 25: the headline. So they were telling us that the recession

1448
01:13:45,760 --> 01:13:50,759
Speaker 25: is over probably, I mean, so it measures it also

1449
01:13:50,800 --> 01:13:54,960
Speaker 25: measures past performance and looking back over the last few months,

1450
01:13:54,960 --> 01:13:59,439
Speaker 25: businesses were more upbeat than they had been about what

1451
01:13:59,520 --> 01:14:03,280
Speaker 25: that just be through. So am z's chief economist Sharon

1452
01:14:03,360 --> 01:14:05,479
Speaker 25: Zold is saying, well, it does look like that points

1453
01:14:05,520 --> 01:14:08,200
Speaker 25: to the recession being over. So that's good news. And

1454
01:14:08,240 --> 01:14:12,080
Speaker 25: then broad confidence, you know, about things getting better. I

1455
01:14:12,080 --> 01:14:13,760
Speaker 25: mean we've we've had this before. I mean, things were

1456
01:14:13,840 --> 01:14:16,240
Speaker 25: so bad they had to be had to be getting better, right.

1457
01:14:16,960 --> 01:14:20,719
Speaker 25: So that's up up again four points to plus fifty

1458
01:14:20,720 --> 01:14:23,840
Speaker 25: eight in the net equation that they do, but a

1459
01:14:23,880 --> 01:14:27,440
Speaker 25: little bit of an easing in their own business expectations,

1460
01:14:27,439 --> 01:14:30,840
Speaker 25: so how they think their business might go in the

1461
01:14:31,280 --> 01:14:34,080
Speaker 25: sort of year ahead just just by one point though,

1462
01:14:34,160 --> 01:14:37,080
Speaker 25: so pretty marginal. I mean it could be margin of

1463
01:14:37,160 --> 01:14:40,760
Speaker 25: erra stuff. And it just is a reminder that this

1464
01:14:40,880 --> 01:14:44,800
Speaker 25: is not a boom we're back in boom time's type recovery.

1465
01:14:44,840 --> 01:14:47,200
Speaker 25: This is a bit of a slow grind out. I mean,

1466
01:14:47,439 --> 01:14:49,560
Speaker 25: it's definitely going to feel better than recession because we

1467
01:14:49,880 --> 01:14:53,320
Speaker 25: will have some growth, but it's not suddenly back to

1468
01:14:54,120 --> 01:14:56,360
Speaker 25: a sort of a rock star economy so to speak.

1469
01:14:56,520 --> 01:14:59,000
Speaker 2: Yeah, I was going to ask you how they could

1470
01:14:59,400 --> 01:15:02,519
Speaker 2: how you can walking to how you both those things

1471
01:15:02,520 --> 01:15:04,559
Speaker 2: can be true at the same time. How business leaders

1472
01:15:04,560 --> 01:15:06,920
Speaker 2: can feel confident about the wider economy but none of

1473
01:15:06,960 --> 01:15:10,200
Speaker 2: them feel good about themselves, but knowing the actual numbers,

1474
01:15:10,200 --> 01:15:12,679
Speaker 2: I can see how that might be playing.

1475
01:15:13,640 --> 01:15:16,040
Speaker 25: It's sort of it can be the other way around

1476
01:15:16,080 --> 01:15:18,639
Speaker 25: sometimes too. So they ask them how they're feeling about

1477
01:15:18,640 --> 01:15:22,439
Speaker 25: the economy overall, and that's I think where they're feeling

1478
01:15:22,479 --> 01:15:25,000
Speaker 25: a bit more upbeat. You can see lower interest rates

1479
01:15:25,000 --> 01:15:29,240
Speaker 25: starting to have the impact that we'd expect and get

1480
01:15:29,280 --> 01:15:31,639
Speaker 25: things moving a bit, make our households feel a bit

1481
01:15:31,640 --> 01:15:35,360
Speaker 25: more secure in their cash flow as mortgage rates come down,

1482
01:15:35,800 --> 01:15:39,559
Speaker 25: but still pretty tough for those businesses, especially when you

1483
01:15:39,560 --> 01:15:42,960
Speaker 25: look at the sectors, so retail and construction still doing

1484
01:15:42,960 --> 01:15:46,400
Speaker 25: it pretty tough, as you might expect with the kind

1485
01:15:46,439 --> 01:15:49,559
Speaker 25: of dairy returns and that sort of thing that we're seeing.

1486
01:15:49,760 --> 01:15:54,000
Speaker 25: Agriculture sector is certainly a lot more upbeat. So yeah, look,

1487
01:15:54,120 --> 01:15:56,360
Speaker 25: I think it's going to take a while for retail

1488
01:15:56,400 --> 01:15:58,360
Speaker 25: and construction to sort of grind their way back into

1489
01:15:58,360 --> 01:15:59,320
Speaker 25: positive territory.

1490
01:16:00,439 --> 01:16:02,479
Speaker 2: Is so obviously this year where well we're hoping this

1491
01:16:02,560 --> 01:16:05,720
Speaker 2: year is about recovery. But when will we start we

1492
01:16:06,160 --> 01:16:08,000
Speaker 2: start feeling like it's austory.

1493
01:16:08,280 --> 01:16:09,599
Speaker 9: Well, that's a good question.

1494
01:16:09,960 --> 01:16:12,479
Speaker 25: I think they have got their consumer confidence. You know,

1495
01:16:12,479 --> 01:16:14,719
Speaker 25: we're all consumers. I think they've got their consumer confidence

1496
01:16:14,800 --> 01:16:17,519
Speaker 25: numbers tomorrow, so that's will be a little bit of

1497
01:16:17,680 --> 01:16:18,479
Speaker 25: an indication.

1498
01:16:18,880 --> 01:16:20,320
Speaker 9: I think it takes just a bit of time.

1499
01:16:20,360 --> 01:16:23,439
Speaker 25: I mean, I know people are on shorter mortgage rate,

1500
01:16:23,600 --> 01:16:25,599
Speaker 25: fixed terms and things, but it does take a bit

1501
01:16:25,640 --> 01:16:29,240
Speaker 25: of time to get back into feeling confident from you know,

1502
01:16:29,439 --> 01:16:30,840
Speaker 25: even though you might be getting a break on the

1503
01:16:30,880 --> 01:16:34,520
Speaker 25: mortgage or you know, we've still got that job uncertainty

1504
01:16:34,600 --> 01:16:37,519
Speaker 25: is unemployment we know lags a bit in the economic cycle,

1505
01:16:37,640 --> 01:16:40,800
Speaker 25: and that is still probably likely to rise in the

1506
01:16:40,800 --> 01:16:43,360
Speaker 25: next thing, you know, probably next next numbers and so

1507
01:16:43,400 --> 01:16:46,360
Speaker 25: maybe peaking in the middle of the year, and then

1508
01:16:46,400 --> 01:16:50,040
Speaker 25: we start to see you know, employment come back stronger

1509
01:16:50,080 --> 01:16:52,479
Speaker 25: as well, and that's probably when people are starting to

1510
01:16:52,479 --> 01:16:55,000
Speaker 25: feel a bit more secure to go out and spending

1511
01:16:55,280 --> 01:16:58,880
Speaker 25: to spend on big items. So that's probably more towards

1512
01:16:58,920 --> 01:17:00,520
Speaker 25: the second half of the yearistically.

1513
01:17:00,760 --> 01:17:03,040
Speaker 2: Yeah, interesting stuff. Hey, thanks Liam, good to have you

1514
01:17:03,080 --> 01:17:06,639
Speaker 2: on as always, Liam dan insid Herold's business editor at large.

1515
01:17:06,760 --> 01:17:09,240
Speaker 2: Time is nineteen after six year on news talks, they'd

1516
01:17:09,280 --> 01:17:12,080
Speaker 2: be you got a feel for the farmers in Tartanaki,

1517
01:17:12,160 --> 01:17:14,519
Speaker 2: a lot of them saying that they haven't seen dry

1518
01:17:14,600 --> 01:17:17,920
Speaker 2: conditions like this in fifty years. Basically what's happened is

1519
01:17:17,920 --> 01:17:21,280
Speaker 2: it's been less than average rainfall for a year and

1520
01:17:21,320 --> 01:17:23,200
Speaker 2: a half and then just in the last couple of

1521
01:17:23,200 --> 01:17:27,280
Speaker 2: months it's been really dry. Government stepping in Jamie Mchael

1522
01:17:27,360 --> 01:17:29,479
Speaker 2: fell us in on exactly what that means.

1523
01:17:29,520 --> 01:17:34,840
Speaker 1: Next, the Rural Report on hither do for Sea Allen.

1524
01:17:34,680 --> 01:17:37,679
Speaker 2: Drive twenty two after six news talks, he'd be Jason

1525
01:17:37,720 --> 01:17:40,240
Speaker 2: Wall's out of Vietnam coming up after the news right now.

1526
01:17:40,320 --> 01:17:42,599
Speaker 2: Jamie mckaye is hosted the country, and here to wrap

1527
01:17:42,640 --> 01:17:45,679
Speaker 2: the real news for us, Jamie gooday kid a Ryan.

1528
01:17:46,000 --> 01:17:47,920
Speaker 2: So we've got drought. We'll get to that soon, but

1529
01:17:47,960 --> 01:17:50,040
Speaker 2: we'll start with the good news. The Golden Shares is on.

1530
01:17:50,680 --> 01:17:53,960
Speaker 26: Yeah, sixty third Golden Shares has started the day in

1531
01:17:54,120 --> 01:18:00,160
Speaker 26: Masterton in the magnificent Masterton War Memorial Stadium. I can

1532
01:18:00,200 --> 01:18:03,120
Speaker 26: tell you on Saturday night, Ryan, when that big Open

1533
01:18:03,160 --> 01:18:05,519
Speaker 26: final Zion and I've been lucky enough to be there

1534
01:18:05,560 --> 01:18:09,519
Speaker 26: a couple of times, the roof literally gets lifted. So

1535
01:18:09,560 --> 01:18:11,680
Speaker 26: it's all on for Saturday night. But I think one

1536
01:18:11,720 --> 01:18:14,479
Speaker 26: of the really good things about the Golden Shares this

1537
01:18:14,600 --> 01:18:17,920
Speaker 26: year is the number of entries in the Novice and

1538
01:18:18,000 --> 01:18:21,320
Speaker 26: Junior Sharing and wool Handling events. They make up forty

1539
01:18:21,360 --> 01:18:24,640
Speaker 26: four percent of the nearly five hundred entries in the

1540
01:18:24,760 --> 01:18:29,200
Speaker 26: nine Golden Shares Sharing and Wool Handling Championship titles that

1541
01:18:29,280 --> 01:18:33,120
Speaker 26: will be decided by Saturday night. Now, just by way

1542
01:18:33,160 --> 01:18:35,639
Speaker 26: of going back in time, are we but because bearing

1543
01:18:35,720 --> 01:18:37,320
Speaker 26: in mind, we've lost a hell of a lot of

1544
01:18:37,360 --> 01:18:41,000
Speaker 26: sheep in this country over the past forty years. Sharing

1545
01:18:42,120 --> 01:18:46,200
Speaker 26: entries across all grades peaked in nineteen eighty at five

1546
01:18:46,280 --> 01:18:48,800
Speaker 26: hundred and eighty six, and that was when we had

1547
01:18:49,200 --> 01:18:52,360
Speaker 26: the World Champs on at the same time, without the

1548
01:18:52,400 --> 01:18:55,840
Speaker 26: World Champs five hundred and forty two years later in

1549
01:18:55,920 --> 01:18:58,040
Speaker 26: nineteen eighty two. But just to put that into some

1550
01:18:58,080 --> 01:19:02,040
Speaker 26: context for you, Ryan, we we had seventy million sheep

1551
01:19:02,200 --> 01:19:04,880
Speaker 26: in nineteen eighty two. We've now got less than twenty

1552
01:19:04,920 --> 01:19:07,439
Speaker 26: four million now when it comes to that big final

1553
01:19:07,479 --> 01:19:10,080
Speaker 26: on Saturday night. The tab I had a look at

1554
01:19:10,400 --> 01:19:12,719
Speaker 26: the odds a weeb it earlier this afternoon. They won't

1555
01:19:12,720 --> 01:19:16,719
Speaker 26: have changed. Leon Samuel's out of Southland. He's the current

1556
01:19:16,800 --> 01:19:19,519
Speaker 26: title holder. He's at four bucks, but watch out for

1557
01:19:19,600 --> 01:19:23,160
Speaker 26: Roland Smith, eight times champion at four dollars. This is

1558
01:19:23,200 --> 01:19:26,360
Speaker 26: a guy who could almost win it blindfolded. He doesn't

1559
01:19:26,360 --> 01:19:29,120
Speaker 26: do much sharing these days. He farms and he loves

1560
01:19:29,200 --> 01:19:31,559
Speaker 26: driving a tractor and a digger. He gets on the

1561
01:19:31,560 --> 01:19:34,519
Speaker 26: handpiece a week or two before Golden Shares and watch

1562
01:19:34,560 --> 01:19:37,919
Speaker 26: out for him. Incidentally, Sir David Fagan holds the most titles,

1563
01:19:37,960 --> 01:19:41,840
Speaker 26: sixteen one between eighty six and two thousand and nine.

1564
01:19:42,040 --> 01:19:44,680
Speaker 26: The local farmer David Buick is a bit of a

1565
01:19:44,720 --> 01:19:49,120
Speaker 26: favorite at four dollars fifty Tower Henderson, out of Northland

1566
01:19:49,160 --> 01:19:51,599
Speaker 26: the hottest share of the yeares at six fifty and

1567
01:19:51,680 --> 01:19:55,240
Speaker 26: Gavin Much, the Scotsman who won in twenty fifteen, is

1568
01:19:55,240 --> 01:19:59,479
Speaker 26: paying six dollars fifty wall handling Joel Henari in absolute

1569
01:19:59,479 --> 01:20:01,639
Speaker 26: hot favor at a dollar eighty. But if you want

1570
01:20:01,680 --> 01:20:03,960
Speaker 26: the kiss of death from me, Ryan, go and put

1571
01:20:04,000 --> 01:20:07,919
Speaker 26: twenty bucks on Roland Smith to make it nine open titles.

1572
01:20:08,080 --> 01:20:10,720
Speaker 2: Roland Smith, you reckon sounds like it sounds like a

1573
01:20:10,760 --> 01:20:13,760
Speaker 2: great time in Marterton. Hey, I'm not such a great

1574
01:20:13,800 --> 01:20:16,320
Speaker 2: time in Taranaki though, And it's been about what a

1575
01:20:16,400 --> 01:20:19,479
Speaker 2: year and a half of lower than average rainfall and

1576
01:20:19,520 --> 01:20:21,639
Speaker 2: then it's gotten really bad in the last couple of months.

1577
01:20:21,680 --> 01:20:23,400
Speaker 2: But the government is coming to the party here.

1578
01:20:24,120 --> 01:20:27,479
Speaker 26: Yeah, they've declared a medium scale adverse event across the province.

1579
01:20:27,479 --> 01:20:30,320
Speaker 26: And I guess Taranaki is one of those provinces that,

1580
01:20:30,439 --> 01:20:32,559
Speaker 26: yes they can get a bit summer dry, but they're

1581
01:20:32,560 --> 01:20:36,200
Speaker 26: not a traditional sort of summer drought region like the

1582
01:20:36,240 --> 01:20:39,719
Speaker 26: Wire Wrapper or Hawke's Bay or even the east coast

1583
01:20:39,760 --> 01:20:42,840
Speaker 26: of the South Island. So look, they've had way lower

1584
01:20:42,880 --> 01:20:46,599
Speaker 26: than average rainfall. The locals are saying they haven't seen

1585
01:20:46,640 --> 01:20:50,280
Speaker 26: it this dry so early in more than fifty years.

1586
01:20:50,320 --> 01:20:53,760
Speaker 26: You've got to go back to the nineteen seventies to

1587
01:20:53,840 --> 01:20:57,240
Speaker 26: have it so bad. In Taranaki. They're having to not

1588
01:20:57,280 --> 01:21:00,559
Speaker 26: only truck and feed, but they're also having to truck water.

1589
01:21:01,040 --> 01:21:03,360
Speaker 26: And that is the killer, Ryan, because if you run

1590
01:21:03,400 --> 01:21:06,720
Speaker 26: out of water on your farm, you basically run out

1591
01:21:06,720 --> 01:21:09,759
Speaker 26: of moves on the chess board. So this adverse event

1592
01:21:09,880 --> 01:21:16,000
Speaker 26: declaration means extra funding from rural supports, counseling and advisory services,

1593
01:21:16,280 --> 01:21:21,160
Speaker 26: with flexibility around tax payments, particularly provisional tax payments. And

1594
01:21:21,200 --> 01:21:24,160
Speaker 26: it's also it also opens up the potential for the

1595
01:21:24,280 --> 01:21:29,080
Speaker 26: rural assistance payments from the Ministry of Social Development. You know,

1596
01:21:29,160 --> 01:21:32,600
Speaker 26: where it's been applicable. Dairy herds have dried off. You know,

1597
01:21:32,720 --> 01:21:35,599
Speaker 26: normally they wouldn't dry off until April or May. They've

1598
01:21:35,640 --> 01:21:38,600
Speaker 26: dried those off early. Any excess stock that won't be

1599
01:21:38,680 --> 01:21:42,320
Speaker 26: needed next year have taken an early trip to the works.

1600
01:21:42,360 --> 01:21:44,640
Speaker 26: That's bad news for them. But we just hope for

1601
01:21:44,680 --> 01:21:48,920
Speaker 26: the Taranaki. In fact, the wider North Island, especially the

1602
01:21:49,040 --> 01:21:52,919
Speaker 26: west and the north dry as you'll know in Auckland, Ryan, everywhere,

1603
01:21:52,920 --> 01:21:55,559
Speaker 26: we're really hoping for some rain. But my guy at

1604
01:21:55,600 --> 01:21:58,800
Speaker 26: Weather watch. Phil Duncan says, don't hold your breath for

1605
01:21:58,840 --> 01:22:00,800
Speaker 26: the next week. I hope he's right, and with a

1606
01:22:00,840 --> 01:22:02,480
Speaker 26: man have been known to be wrong.

1607
01:22:02,720 --> 01:22:05,320
Speaker 2: They certainly have. It feels quite good, Jamie, Thank you

1608
01:22:05,360 --> 01:22:09,400
Speaker 2: for that. Cheers Ryan. Twenty six minutes after six News talks, HIBB,

1609
01:22:09,760 --> 01:22:12,120
Speaker 2: we've got lucks and signing a deal with the Vietnamese.

1610
01:22:12,120 --> 01:22:13,960
Speaker 2: Were live to Hanoi afternoons.

1611
01:22:14,880 --> 01:22:22,320
Speaker 27: Okay, somebody army train, somebody coming, Trey.

1612
01:22:23,680 --> 01:22:31,600
Speaker 10: Y hommy Jay.

1613
01:22:29,240 --> 01:22:33,960
Speaker 3: Yes, sir Army Drake. I'm on a buddy, Army dre.

1614
01:22:39,000 --> 01:22:43,160
Speaker 1: Whether it's macro micro or just playing economics, it's all

1615
01:22:43,240 --> 01:22:47,320
Speaker 1: on the business hours with Ryan Bridge and theirs. Insurance

1616
01:22:47,400 --> 01:22:50,400
Speaker 1: and investments, Grow your wealth, protect your future.

1617
01:22:50,600 --> 01:22:51,400
Speaker 9: He's talk said B.

1618
01:22:52,000 --> 01:22:56,559
Speaker 27: I think guy left him somewhere. I no longer go now,

1619
01:22:56,600 --> 01:23:02,200
Speaker 27: want you run away? Now?

1620
01:23:02,640 --> 01:23:05,000
Speaker 2: Good evening, it is twenty five minutes away from seven.

1621
01:23:05,040 --> 01:23:06,920
Speaker 2: You're on news talks. They'll be Indebradi out of the

1622
01:23:07,000 --> 01:23:10,439
Speaker 2: UK a little before seven o'clock this evening. Interesting thing

1623
01:23:10,479 --> 01:23:13,759
Speaker 2: happening in Canada. So we know that Trudeau was hugely

1624
01:23:13,840 --> 01:23:17,160
Speaker 2: unpopular over there and his Liberal Party was on basically

1625
01:23:17,240 --> 01:23:20,760
Speaker 2: hiding to nothing, so he jumps overboard and says I'm

1626
01:23:20,760 --> 01:23:23,559
Speaker 2: getting out of here. He was polling at his worst.

1627
01:23:23,600 --> 01:23:26,880
Speaker 2: He was polling in the twenties the Liberal Party under Trudeau,

1628
01:23:27,000 --> 01:23:28,640
Speaker 2: so he's on his way out there now on the

1629
01:23:28,640 --> 01:23:31,080
Speaker 2: process of picking a new leader. Well, the winds of

1630
01:23:31,200 --> 01:23:35,400
Speaker 2: change have come to the polls. The Liberals are now

1631
01:23:35,479 --> 01:23:38,760
Speaker 2: outperforming the Conservatives. This is the latest IPSOS poll. It

1632
01:23:38,840 --> 01:23:42,320
Speaker 2: was released this week, thirty eight percent to thirty six percent.

1633
01:23:42,880 --> 01:23:47,200
Speaker 2: They've turned around a twenty six point deficit in six weeks.

1634
01:23:47,400 --> 01:23:50,320
Speaker 2: It's quite incredible what's happening over there now. A lot

1635
01:23:50,360 --> 01:23:53,479
Speaker 2: of this is just some shiny new people coming into

1636
01:23:53,520 --> 01:23:56,080
Speaker 2: the party and you know, people wanting to sort of

1637
01:23:56,320 --> 01:23:59,120
Speaker 2: attach themselves to that. But the bigger problem actually for

1638
01:23:59,160 --> 01:24:02,400
Speaker 2: the Conservatives there is Trump and the tariffs, and the

1639
01:24:02,439 --> 01:24:05,639
Speaker 2: Canadians basically running and screaming into the Liberals' arms as

1640
01:24:05,640 --> 01:24:08,200
Speaker 2: a result of Trump coming to power and threatening them

1641
01:24:08,240 --> 01:24:10,280
Speaker 2: over there. So it'd be interesting to see what happens. Anyway,

1642
01:24:10,320 --> 01:24:13,360
Speaker 2: the election needs to be held by October the twentieth.

1643
01:24:13,400 --> 01:24:17,240
Speaker 2: It's twenty four to seven bridge. Our Prime minister is

1644
01:24:17,320 --> 01:24:20,040
Speaker 2: considering sending a navy vessel to the South China Sea

1645
01:24:20,080 --> 01:24:23,879
Speaker 2: as the region's tensions continue to rise. This slightly related

1646
01:24:24,040 --> 01:24:26,320
Speaker 2: to what's going on with China, but more to do

1647
01:24:26,360 --> 01:24:29,160
Speaker 2: with Vietnam, where the government where the Prime Minister is

1648
01:24:29,240 --> 01:24:33,000
Speaker 2: visiting at the moment, strengthening the country's diplomatic ties. He's

1649
01:24:33,000 --> 01:24:36,240
Speaker 2: signed a strategic partnership Jason Walls as News talks of

1650
01:24:36,320 --> 01:24:40,120
Speaker 2: Bee's political editor. He's with me tonight. Hi, Jason, good morning,

1651
01:24:40,320 --> 01:24:42,600
Speaker 2: good morning, good evening. Ryan, Good to have you on

1652
01:24:43,600 --> 01:24:45,960
Speaker 2: What exactly has the Prime minister signed here.

1653
01:24:47,160 --> 01:24:50,400
Speaker 22: Yeah, it's a bit confusing. It's called the Comprehensive Strategic

1654
01:24:51,080 --> 01:24:54,360
Speaker 22: Partnership Agreement. Now it sounds a little oddurn esque, like

1655
01:24:54,400 --> 01:24:57,040
Speaker 22: they've just slapped the word comprehensive in front of it

1656
01:24:57,080 --> 01:24:59,360
Speaker 22: to make everything hunky dory. But it is actually quite

1657
01:24:59,360 --> 01:25:04,040
Speaker 22: significant because in Vietnam, the structure here is very controlled

1658
01:25:04,040 --> 01:25:06,479
Speaker 22: by the government. Even the business side of things, you

1659
01:25:06,479 --> 01:25:08,719
Speaker 22: need a lot of government sign off before you do anything.

1660
01:25:08,920 --> 01:25:11,280
Speaker 22: So what this does is it makes us a preferred

1661
01:25:11,400 --> 01:25:13,479
Speaker 22: partner and it makes it just a lot easier to

1662
01:25:13,520 --> 01:25:16,759
Speaker 22: get business done, and when it comes to diplomatic ties

1663
01:25:16,800 --> 01:25:20,000
Speaker 22: as well. So it sounds cheesy, but it's actually quite significant.

1664
01:25:20,040 --> 01:25:22,400
Speaker 22: There's only about ten other countries in the world that

1665
01:25:22,439 --> 01:25:25,240
Speaker 22: are in the door with this sort of agreement, and.

1666
01:25:25,240 --> 01:25:27,920
Speaker 2: What's he promised them in terms of our navy And

1667
01:25:28,000 --> 01:25:30,600
Speaker 2: because obviously there is a huge dispute between China and

1668
01:25:30,720 --> 01:25:32,519
Speaker 2: Vietnam and a whole bunch of other players in the region

1669
01:25:32,560 --> 01:25:35,120
Speaker 2: in the South China. See, so what's he promising here

1670
01:25:35,120 --> 01:25:37,160
Speaker 2: and is it anything to do with China or is

1671
01:25:37,160 --> 01:25:38,960
Speaker 2: it just to do with Vietnam.

1672
01:25:39,360 --> 01:25:42,360
Speaker 22: So within the agreement there is a security tingent. Now

1673
01:25:42,360 --> 01:25:45,200
Speaker 22: we haven't actually seen the details of this, but yesterday

1674
01:25:45,640 --> 01:25:49,560
Speaker 22: in the Capitol building in Hanoi, when Prime Minister Chris

1675
01:25:49,640 --> 01:25:52,960
Speaker 22: Luxe rather was talking about this deal with Vietnam's Prime minister,

1676
01:25:53,160 --> 01:25:56,120
Speaker 22: he almost mentioned it am almost offhanded, that he was

1677
01:25:56,160 --> 01:25:59,800
Speaker 22: wanting to explore sending a New Zealand Navy vessel at

1678
01:25:59,800 --> 01:26:03,439
Speaker 22: two Vietnam. And of course Vietnam's shoreline is the South

1679
01:26:03,560 --> 01:26:06,320
Speaker 22: China Sea. So immediately alarm bells were perking up in

1680
01:26:06,360 --> 01:26:11,360
Speaker 22: my ears given the contentious nature of that region, but

1681
01:26:11,400 --> 01:26:14,120
Speaker 22: also what's happening in our own backyard in the Tasman

1682
01:26:14,200 --> 01:26:17,599
Speaker 22: Sea with the Chinese warships. So it was it seems

1683
01:26:17,640 --> 01:26:20,719
Speaker 22: like at this stage he's just he's just floated the idea,

1684
01:26:20,800 --> 01:26:23,080
Speaker 22: he's thinking about it, and it's not the first time

1685
01:26:23,120 --> 01:26:25,840
Speaker 22: we've seen a ship come through that area in New

1686
01:26:25,920 --> 01:26:28,400
Speaker 22: Zealand ship, but given the context of everything that's happening

1687
01:26:28,439 --> 01:26:30,880
Speaker 22: right now, it does make you kind of cock your

1688
01:26:30,880 --> 01:26:31,840
Speaker 22: eyebrows a little bit.

1689
01:26:32,600 --> 01:26:37,679
Speaker 2: So how's he actually behaving? How's he how's he fearing?

1690
01:26:37,720 --> 01:26:40,160
Speaker 2: I guess with all these questions about you know, as

1691
01:26:40,200 --> 01:26:42,680
Speaker 2: corporate speak and all the you know, he's had a

1692
01:26:42,680 --> 01:26:45,559
Speaker 2: few bad polls, how does he look over there? How

1693
01:26:45,600 --> 01:26:48,160
Speaker 2: does what's his demeanor like in these stand ups and

1694
01:26:48,160 --> 01:26:50,680
Speaker 2: when you're interacting with them, To be.

1695
01:26:50,640 --> 01:26:53,160
Speaker 22: Honest, he's in his element. I mean when he's overseas,

1696
01:26:53,200 --> 01:26:55,960
Speaker 22: he's actually just like the energizer Bunny because he gets

1697
01:26:55,960 --> 01:26:58,360
Speaker 22: around these events and he's talking to people and he's

1698
01:26:58,360 --> 01:27:01,360
Speaker 22: shaking hands and he's doing that he likes to be doing.

1699
01:27:01,400 --> 01:27:03,679
Speaker 22: There's always a number of people around him, and nobody

1700
01:27:03,720 --> 01:27:06,800
Speaker 22: works room like Chris Luxon. I mean, you've got to

1701
01:27:06,880 --> 01:27:08,519
Speaker 22: drag him out of there. And I always feel bad

1702
01:27:08,520 --> 01:27:10,840
Speaker 22: for his aides who are constantly just tapping him on

1703
01:27:10,840 --> 01:27:13,080
Speaker 22: the shoulders saying it's time to go Prime Minister. So

1704
01:27:13,120 --> 01:27:16,200
Speaker 22: he's very well in that regard. However, you know that

1705
01:27:16,200 --> 01:27:19,479
Speaker 22: that Mike Hosky interview did follow him here and yesterday

1706
01:27:19,520 --> 01:27:21,519
Speaker 22: when he was talking to press, he answered the question

1707
01:27:21,600 --> 01:27:23,960
Speaker 22: and said, yes, if he hadn't a resigner would have

1708
01:27:23,960 --> 01:27:25,600
Speaker 22: sacked him. You would have thought that that's something that

1709
01:27:25,680 --> 01:27:27,519
Speaker 22: he could have done to save him a bunch of

1710
01:27:27,520 --> 01:27:29,160
Speaker 22: pain in the beginning that it's a lesson that I

1711
01:27:29,160 --> 01:27:30,960
Speaker 22: don't think he's going to make. What's a mistake he's

1712
01:27:31,000 --> 01:27:31,240
Speaker 22: not going.

1713
01:27:31,240 --> 01:27:33,920
Speaker 2: To make again, certainly not. Jason, thank you for that.

1714
01:27:33,960 --> 01:27:36,360
Speaker 2: I think you've got to bought a plane to Hochi,

1715
01:27:36,400 --> 01:27:39,120
Speaker 2: minh City, So good luck with that. Jason Wall's News

1716
01:27:39,160 --> 01:27:45,639
Speaker 2: Talks Political Editor time is twenty one minutes away from seven. Yeah.

1717
01:27:46,160 --> 01:27:48,000
Speaker 2: I don't really know what to say about that interview

1718
01:27:48,040 --> 01:27:51,760
Speaker 2: that he did with Mike Costing other than he's done

1719
01:27:51,760 --> 01:27:54,160
Speaker 2: many of those before. I mean, that's what he's that's

1720
01:27:54,160 --> 01:27:56,439
Speaker 2: what he's known for, you know what I mean, the

1721
01:27:56,479 --> 01:27:59,599
Speaker 2: corporate speake, that talking around in circles, so not answering

1722
01:27:59,640 --> 01:28:02,840
Speaker 2: the quick and it's it's funny because well, it was

1723
01:28:02,880 --> 01:28:05,040
Speaker 2: good that Mike had had a crack at it and

1724
01:28:05,080 --> 01:28:07,280
Speaker 2: just kept going and persevered with it. But it's the

1725
01:28:07,360 --> 01:28:09,240
Speaker 2: thing when you're doing interviews like that, you've got a

1726
01:28:09,280 --> 01:28:12,000
Speaker 2: way up is how much time do you spend on

1727
01:28:12,000 --> 01:28:15,479
Speaker 2: one inane little thing before you want to move on

1728
01:28:15,520 --> 01:28:18,960
Speaker 2: to something that's more substantive or more important. And you're

1729
01:28:19,000 --> 01:28:22,200
Speaker 2: constantly having to make a judgment about that. And obviously

1730
01:28:22,240 --> 01:28:24,600
Speaker 2: Mike was just had enough and he's task gone for

1731
01:28:24,680 --> 01:28:27,080
Speaker 2: it and fair enough, and then three minutes later we're

1732
01:28:27,120 --> 01:28:29,559
Speaker 2: still talking about this stupid thing, you know what I mean.

1733
01:28:31,240 --> 01:28:33,960
Speaker 2: But it's also ironic. I was thinking about this this morning.

1734
01:28:34,000 --> 01:28:38,760
Speaker 2: Also ironic given Luxen's new motto was just say yes,

1735
01:28:38,840 --> 01:28:44,960
Speaker 2: and he couldn't say yes. Come on, dude, anyway, not

1736
01:28:45,040 --> 01:28:48,360
Speaker 2: as bad as just sinder Adourn. I spent years interviewing

1737
01:28:48,400 --> 01:28:52,920
Speaker 2: to cinder Adourn every week and it was oftentimes it

1738
01:28:53,040 --> 01:28:57,360
Speaker 2: was torture, News Talk to be nineteen to seven, Lime

1739
01:28:57,439 --> 01:28:58,200
Speaker 2: in London.

1740
01:28:57,920 --> 01:29:02,439
Speaker 1: Next everything from SMS to the big corporates, The Business

1741
01:29:02,439 --> 01:29:07,120
Speaker 1: Hour with Ryan Bridge and Player's Insurance and Investments, Grow

1742
01:29:07,160 --> 01:29:09,840
Speaker 1: your Wealth, Protect your Future, The News Talks, EDB.

1743
01:29:10,479 --> 01:29:12,880
Speaker 2: Seven Plain to seven on News Talks ZIBB. Trump has

1744
01:29:12,920 --> 01:29:17,360
Speaker 2: slept twenty five percent. Terraffs on imports from the EU,

1745
01:29:17,720 --> 01:29:19,720
Speaker 2: we're going to London in the Brady's how you can

1746
01:29:19,760 --> 01:29:24,599
Speaker 2: your correspond correspondent, I should say correspondent in that Welcome

1747
01:29:24,600 --> 01:29:25,200
Speaker 2: to the show.

1748
01:29:26,000 --> 01:29:27,280
Speaker 9: Hey Ryan, thanks for having me.

1749
01:29:27,640 --> 01:29:30,439
Speaker 2: So the terraffs for the EU obviously one thing. And

1750
01:29:30,479 --> 01:29:33,360
Speaker 2: then you've got Starmer also going over to Washington to

1751
01:29:33,400 --> 01:29:34,080
Speaker 2: mat with Trump.

1752
01:29:35,400 --> 01:29:37,519
Speaker 9: Yeah, it's a big day, it really really is. And

1753
01:29:37,520 --> 01:29:39,960
Speaker 9: look there are two issues on the table today when

1754
01:29:40,000 --> 01:29:44,679
Speaker 9: Starmer gets there. Trade is obviously huge because Britain's economy

1755
01:29:44,720 --> 01:29:47,280
Speaker 9: is going nowhere. And if he puts twenty five percent

1756
01:29:47,360 --> 01:29:52,000
Speaker 9: tariffs on UK goods, remember UK famously notoriously now not

1757
01:29:52,120 --> 01:29:55,280
Speaker 9: in the EU, twenty five percent on goods from this

1758
01:29:55,360 --> 01:29:58,360
Speaker 9: country will basically wipe out this year. On the next

1759
01:29:58,360 --> 01:30:02,479
Speaker 9: four years nothing be no growth. So Starmer will be

1760
01:30:02,520 --> 01:30:04,799
Speaker 9: concerned about that and we'll be asking for an exception

1761
01:30:04,880 --> 01:30:08,479
Speaker 9: to be made for the UK. And then the huge

1762
01:30:08,479 --> 01:30:12,960
Speaker 9: issue internationally is Ukraine. And it's clear that Starmer has

1763
01:30:13,000 --> 01:30:15,439
Speaker 9: spoken to Macron. Tuesday night there was a phone call

1764
01:30:15,479 --> 01:30:18,960
Speaker 9: from Paris to Downing Street. Macron had spent time with

1765
01:30:19,040 --> 01:30:24,040
Speaker 9: Trump on Monday. So Europe is coordinating, joining forces and

1766
01:30:24,080 --> 01:30:27,000
Speaker 9: coming at Trump from the same page. What Starmar is

1767
01:30:27,040 --> 01:30:29,040
Speaker 9: going to offer today is that there will be an

1768
01:30:29,040 --> 01:30:32,760
Speaker 9: offer of British boots on the ground as peacekeepers alongside

1769
01:30:32,800 --> 01:30:36,360
Speaker 9: French soldiers. Other European nations may get involved as well,

1770
01:30:36,560 --> 01:30:40,240
Speaker 9: up to thirty thousand troops rotating in and out of Ukraine,

1771
01:30:40,360 --> 01:30:43,559
Speaker 9: and Starmer is going to tell Trump that we need

1772
01:30:43,800 --> 01:30:47,280
Speaker 9: air support from the United States to deter Putin from

1773
01:30:47,280 --> 01:30:47,920
Speaker 9: coming again.

1774
01:30:49,320 --> 01:30:52,000
Speaker 2: You guys should be okay on the teriff front, though, right,

1775
01:30:52,040 --> 01:30:54,400
Speaker 2: because you don't have a trade deficit with the US.

1776
01:30:56,200 --> 01:31:01,200
Speaker 9: No, buts it will look extremely unfair he starts whacking

1777
01:31:01,280 --> 01:31:04,719
Speaker 9: tariffs on every twenty seven members of the European Union,

1778
01:31:04,760 --> 01:31:08,320
Speaker 9: I mean Ireland where I'm from. There's huge concern over

1779
01:31:08,360 --> 01:31:13,160
Speaker 9: this because our economy is built on exporting pharmaceutical and

1780
01:31:13,280 --> 01:31:16,799
Speaker 9: tech products to the United States. And he's already pointed

1781
01:31:16,800 --> 01:31:18,760
Speaker 9: out that a lot of these big tech companies that

1782
01:31:18,800 --> 01:31:22,559
Speaker 9: are American who base themselves in Dublin and are paying

1783
01:31:22,600 --> 01:31:25,240
Speaker 9: their taxes to the Irish government. He believes that money

1784
01:31:25,240 --> 01:31:27,960
Speaker 9: should be going to the US treasury. So every capital

1785
01:31:28,000 --> 01:31:30,519
Speaker 9: city in Europe right now is running around you know,

1786
01:31:30,720 --> 01:31:33,400
Speaker 9: he has set the cat amongst the pigeons big time.

1787
01:31:33,560 --> 01:31:39,080
Speaker 2: Yeah, a Zelinski coming to London on Sundays. He's going

1788
01:31:39,120 --> 01:31:41,960
Speaker 2: to be busy. He'll be in Washington tomorrow in the

1789
01:31:42,400 --> 01:31:45,080
Speaker 2: Friday local time, and then he'll be in London on Sunday.

1790
01:31:45,960 --> 01:31:48,160
Speaker 9: The guy never stops. I've seen him in person this

1791
01:31:48,280 --> 01:31:50,519
Speaker 9: year speak. I don't know where he gets the energy

1792
01:31:50,520 --> 01:31:53,640
Speaker 9: from three years of war. He is relentless and he

1793
01:31:53,680 --> 01:31:57,560
Speaker 9: has to be because the Russians are and will be relentless.

1794
01:31:57,560 --> 01:31:59,599
Speaker 9: I mean, we need to wise up to what's coming here.

1795
01:32:00,040 --> 01:32:04,040
Speaker 9: Zelenski will come to London on Sunday and it's clear

1796
01:32:04,080 --> 01:32:07,280
Speaker 9: that he will be angling to see just how much

1797
01:32:07,280 --> 01:32:09,679
Speaker 9: progress Starmer has made with Trump in terms of getting

1798
01:32:09,720 --> 01:32:12,439
Speaker 9: a deal. But Starmer has been clever this week, you know,

1799
01:32:12,640 --> 01:32:16,120
Speaker 9: cutting UK foreign aid and diverting that money to the military,

1800
01:32:16,400 --> 01:32:19,040
Speaker 9: trying to get spending on defense up to two and

1801
01:32:19,040 --> 01:32:22,240
Speaker 9: a half percent of GDP. You know, Europe is playing

1802
01:32:22,280 --> 01:32:25,240
Speaker 9: catch up. But whatever Trump, whether he's a genius or

1803
01:32:25,240 --> 01:32:27,960
Speaker 9: an idiot, he has got everyone dancing to his tune,

1804
01:32:28,000 --> 01:32:30,160
Speaker 9: which you know, it's extraordinary.

1805
01:32:30,280 --> 01:32:33,080
Speaker 2: Yeah, and it seems some things in some ways that

1806
01:32:33,200 --> 01:32:36,320
Speaker 2: is working for him as well on the international stage. Now,

1807
01:32:36,439 --> 01:32:39,519
Speaker 2: let's talk about this nurse who complained that a colleague

1808
01:32:39,600 --> 01:32:42,679
Speaker 2: lift her out of a tea round, and she's tried

1809
01:32:42,720 --> 01:32:44,280
Speaker 2: to get compensation. Is that right?

1810
01:32:45,479 --> 01:32:49,840
Speaker 9: She has and she has won eighty thousand dollars of compensation.

1811
01:32:50,120 --> 01:32:52,479
Speaker 9: Took it to an employment tribunal. Way do you hear this?

1812
01:32:52,640 --> 01:32:55,879
Speaker 9: Her name is Susan Hamilton. She's a nurse. She qualified

1813
01:32:55,920 --> 01:32:58,800
Speaker 9: in nineteen eighty six, so she's a very experienced nurse.

1814
01:32:58,920 --> 01:33:01,880
Speaker 9: And she's nursing at SAE Tellier Hospital in Sutton, which

1815
01:33:01,960 --> 01:33:05,520
Speaker 9: is just south of London. So there's a male dietitian

1816
01:33:05,560 --> 01:33:08,679
Speaker 9: working there. They clearly don't like each other. She would

1817
01:33:08,720 --> 01:33:10,840
Speaker 9: say good morning to him or greet him in the morning,

1818
01:33:10,920 --> 01:33:14,120
Speaker 9: and the complaint went into management. Ultimately they both complained

1819
01:33:14,160 --> 01:33:16,800
Speaker 9: about each other. She took it further, she took it

1820
01:33:16,840 --> 01:33:20,160
Speaker 9: to a tribunal. So she said that this male dietitian

1821
01:33:20,200 --> 01:33:23,599
Speaker 9: would not return her greeting in the morning meetings when

1822
01:33:23,600 --> 01:33:26,120
Speaker 9: she spoke, he would look the other way. And then

1823
01:33:26,240 --> 01:33:28,840
Speaker 9: the final insult was he would make rounds of tea

1824
01:33:29,160 --> 01:33:32,200
Speaker 9: and she would be excluded. And when management pulled them,

1825
01:33:32,600 --> 01:33:35,920
Speaker 9: this is so peasant. And then when management pulled them

1826
01:33:36,000 --> 01:33:38,759
Speaker 9: up on this and said, you know you can't exclude

1827
01:33:38,760 --> 01:33:41,400
Speaker 9: her from the rounds of tea. His response was to

1828
01:33:41,439 --> 01:33:45,200
Speaker 9: stop making the tea altogether, so nobody got a cupa.

1829
01:33:45,320 --> 01:33:48,280
Speaker 9: So she's taken it to an industrial tribunal. They found

1830
01:33:48,280 --> 01:33:51,840
Speaker 9: in her favor and she has been awarded eighty thousand dollars.

1831
01:33:51,840 --> 01:33:53,760
Speaker 9: So if there's anyone out there that wants to leave

1832
01:33:53,800 --> 01:33:57,040
Speaker 9: me off their cup of tea, round, filler kettle, fill

1833
01:33:57,040 --> 01:33:58,280
Speaker 9: your boots eighty.

1834
01:33:58,080 --> 01:34:01,400
Speaker 2: K on what grounds? What grounds do you get compensation?

1835
01:34:01,520 --> 01:34:05,320
Speaker 2: And who pays the compensation? Is that the employer? Obviously

1836
01:34:05,360 --> 01:34:05,920
Speaker 2: I would say.

1837
01:34:05,800 --> 01:34:08,120
Speaker 9: It's the employer, Yeah, to be the National Health Service

1838
01:34:08,200 --> 01:34:12,560
Speaker 9: ultimately the UK taxpayer. But I mean it does sound ridiculous.

1839
01:34:12,920 --> 01:34:16,679
Speaker 9: This must have been a very long running mini Wark feud,

1840
01:34:17,080 --> 01:34:20,599
Speaker 9: but it has ended up with that judgment, and yeah,

1841
01:34:20,640 --> 01:34:22,679
Speaker 9: it's all over the papers today. Check it out. Read

1842
01:34:22,680 --> 01:34:25,000
Speaker 9: it eighty grand because she was left out of the

1843
01:34:25,040 --> 01:34:25,519
Speaker 9: tea round.

1844
01:34:25,680 --> 01:34:28,360
Speaker 2: Goodness me in a thank you so much for that.

1845
01:34:28,479 --> 01:34:30,760
Speaker 2: End of Brady, our UK and Europe correspondent with us.

1846
01:34:30,880 --> 01:34:32,360
Speaker 2: It's just going to live in minutes away from seven.

1847
01:34:32,360 --> 01:34:34,519
Speaker 2: You don't there's no rule that says you have to

1848
01:34:34,560 --> 01:34:38,040
Speaker 2: be nice to You don't have to you don't have

1849
01:34:38,120 --> 01:34:40,679
Speaker 2: to be anything. Really, you don't have to be nice,

1850
01:34:40,880 --> 01:34:44,080
Speaker 2: you shouldn't be rude, but if you're just and it

1851
01:34:44,200 --> 01:34:46,400
Speaker 2: sounds like in this case, the facts were established that

1852
01:34:46,439 --> 01:34:50,240
Speaker 2: it was quite a neutral attitude that he had towards

1853
01:34:50,320 --> 01:34:53,320
Speaker 2: this woman. I mean, he wasn't swearing, edit or anything.

1854
01:34:53,360 --> 01:34:55,240
Speaker 2: He was just not saying hello. You don't have to

1855
01:34:55,280 --> 01:34:58,040
Speaker 2: say hello ear. Should you be entitled to compensation because

1856
01:34:58,080 --> 01:35:03,280
Speaker 2: somebody doesn't like you? Eleven to seven News Talks MB.

1857
01:35:04,439 --> 01:35:07,960
Speaker 1: It's the Heather Topic Allen dreve Full Show podcast on

1858
01:35:08,120 --> 01:35:10,439
Speaker 1: iHeartRadio powered by News Talks ZB.

1859
01:35:11,640 --> 01:35:14,439
Speaker 2: News Talks MB. It is eight minutes away from seven.

1860
01:35:15,120 --> 01:35:17,960
Speaker 2: So story out of the United States today, and this

1861
01:35:18,040 --> 01:35:22,160
Speaker 2: is the White House Correspondence Association. They control the press

1862
01:35:22,200 --> 01:35:24,519
Speaker 2: pack at the White House where all the journalists go

1863
01:35:24,600 --> 01:35:26,439
Speaker 2: and sit in their seats and put their hands up

1864
01:35:26,479 --> 01:35:31,360
Speaker 2: and ask polite questions of the president. Now, Trump's group

1865
01:35:31,560 --> 01:35:35,640
Speaker 2: has banned a couple of outfits, including I think today

1866
01:35:35,439 --> 01:35:39,880
Speaker 2: they excluded Reuter's AP, and they have previously gone after

1867
01:35:40,400 --> 01:35:42,640
Speaker 2: it is AP actually who they go after because they

1868
01:35:42,760 --> 01:35:45,400
Speaker 2: refuse to call the golf of Mexico the golf of

1869
01:35:45,400 --> 01:35:48,920
Speaker 2: America anyway. So he's managed to get rid of a

1870
01:35:48,920 --> 01:35:51,439
Speaker 2: few more, and so there's quite the kerfuffle about this.

1871
01:35:51,560 --> 01:35:55,520
Speaker 2: There's an outcry in the US amongst the journalism fraternities.

1872
01:35:55,560 --> 01:35:58,519
Speaker 2: You can imagine. They've got me thinking here about Tory

1873
01:35:58,600 --> 01:36:03,000
Speaker 2: Farno pulling out News Talks EDB. You've got Seymour who

1874
01:36:03,040 --> 01:36:06,719
Speaker 2: currently doesn't do interviews on r n Z, John Keye

1875
01:36:06,840 --> 01:36:09,679
Speaker 2: refused to do interviews on Morning Report for a little while,

1876
01:36:09,840 --> 01:36:12,559
Speaker 2: just Sitto a durn membership pulled out of News Talks HEEDB.

1877
01:36:13,240 --> 01:36:17,479
Speaker 2: And my question for you is do you care? Do

1878
01:36:17,680 --> 01:36:21,880
Speaker 2: you actually care anymore whether all of the politicians from

1879
01:36:21,880 --> 01:36:25,280
Speaker 2: all different colors and stripes go and do interviews with

1880
01:36:26,280 --> 01:36:29,040
Speaker 2: you know, journalists, with interviewers these days. Does it make

1881
01:36:29,040 --> 01:36:32,400
Speaker 2: a difference to you or do you feel served by

1882
01:36:32,640 --> 01:36:35,599
Speaker 2: what you get from TikTok and from social media, which

1883
01:36:35,640 --> 01:36:37,040
Speaker 2: is where a lot of people are getting their new

1884
01:36:37,160 --> 01:36:38,600
Speaker 2: Let's face it, it's where a lot of people are

1885
01:36:38,640 --> 01:36:41,519
Speaker 2: getting their news these days. Do you feel that you

1886
01:36:41,560 --> 01:36:45,679
Speaker 2: are being served by that, particularly that type and that format,

1887
01:36:46,520 --> 01:36:51,280
Speaker 2: because you're not, presumably, if the echo chamber thing is true,

1888
01:36:51,320 --> 01:36:56,519
Speaker 2: you're not getting politicians or people in power being really

1889
01:36:56,640 --> 01:37:01,880
Speaker 2: challenged about things. You're more getting a a sanitized version

1890
01:37:02,000 --> 01:37:05,040
Speaker 2: or maybe a friendlier version of an interview, though you

1891
01:37:05,120 --> 01:37:07,320
Speaker 2: might agree with it. So I'm interested to know from

1892
01:37:07,360 --> 01:37:11,360
Speaker 2: people what's how you feel about that development. Nine terwo

1893
01:37:11,439 --> 01:37:14,120
Speaker 2: is the number of text it's just gone six minutes

1894
01:37:14,120 --> 01:37:18,400
Speaker 2: away from seven now. Graham Bridge and the four year term,

1895
01:37:18,439 --> 01:37:21,439
Speaker 2: we've spoken about that today. We had David Seymour on earlier.

1896
01:37:21,640 --> 01:37:24,360
Speaker 2: So just so that we're clear on the process, the

1897
01:37:24,400 --> 01:37:27,960
Speaker 2: Government has proposed a piece of legislation. It has a

1898
01:37:28,000 --> 01:37:32,160
Speaker 2: caveat in there that before any government changed the law,

1899
01:37:33,120 --> 01:37:35,400
Speaker 2: which would need a supermajority and would go to a

1900
01:37:35,479 --> 01:37:38,559
Speaker 2: referendum first. But before any government was able to do that,

1901
01:37:38,840 --> 01:37:42,800
Speaker 2: they would have to reconfigure select committees at Parliament, which

1902
01:37:42,800 --> 01:37:45,719
Speaker 2: is where you do your real nitty gritty business on bills.

1903
01:37:46,200 --> 01:37:48,960
Speaker 2: You have to reconfigure them so that the opposition had

1904
01:37:48,960 --> 01:37:52,320
Speaker 2: a majority on all the important ones as to kind

1905
01:37:52,320 --> 01:37:54,000
Speaker 2: of balance out the fact that you get a four

1906
01:37:54,080 --> 01:37:56,920
Speaker 2: year term instead of a three year term. So there

1907
01:37:56,960 --> 01:38:00,840
Speaker 2: you go. That's all going before the House this year.

1908
01:38:00,960 --> 01:38:04,280
Speaker 2: The government's announced the legislation today. That was the big

1909
01:38:04,320 --> 01:38:06,920
Speaker 2: development from today, really, wasn't it? Five away from seven

1910
01:38:06,960 --> 01:38:08,040
Speaker 2: What are we going out to tonight?

1911
01:38:08,120 --> 01:38:10,960
Speaker 15: A mull of can tire by Wings to play us

1912
01:38:11,000 --> 01:38:13,360
Speaker 15: out tonight. This is, of course, Sir Paul McCartney's other

1913
01:38:13,400 --> 01:38:16,160
Speaker 15: band that he formed after the Beatles, The Beatlesfield up

1914
01:38:16,240 --> 01:38:18,519
Speaker 15: nineteen seventy and he formed them in nineteen seventy one.

1915
01:38:18,560 --> 01:38:20,840
Speaker 15: He's writing a book about the whole thing. It's going

1916
01:38:20,880 --> 01:38:22,960
Speaker 15: to be called Wings, The Story of a Band on

1917
01:38:23,000 --> 01:38:25,920
Speaker 15: the Run. It's going to come out and it's going

1918
01:38:25,960 --> 01:38:28,320
Speaker 15: to be it's going to kind of center around the

1919
01:38:28,439 --> 01:38:30,800
Speaker 15: nine albums that Wings put out across the course of

1920
01:38:30,840 --> 01:38:32,920
Speaker 15: the seventies, so it's going to be divided up like that.

1921
01:38:33,200 --> 01:38:36,080
Speaker 15: And he's promising a story about surviving a robbery on

1922
01:38:36,120 --> 01:38:39,479
Speaker 15: the streets of Nigeria, and stories about touring and a

1923
01:38:39,520 --> 01:38:41,160
Speaker 15: shared off double decker bus.

1924
01:38:40,880 --> 01:38:41,719
Speaker 2: With all their kids.

1925
01:38:41,760 --> 01:38:44,640
Speaker 15: So there you go, do there from Sir Paul McCartney.

1926
01:38:45,080 --> 01:38:47,080
Speaker 2: There you go, Hey. Lots of people saying they still

1927
01:38:47,120 --> 01:38:51,080
Speaker 2: prefer interviews the old schoolway. Thank you very much. So

1928
01:38:51,160 --> 01:38:54,599
Speaker 2: that's good to hear, isn't it. Thank heavens for that. Hey,

1929
01:38:54,760 --> 01:38:57,639
Speaker 2: Thanks for listening everyone. Great to have your company as always.

1930
01:38:57,720 --> 01:38:59,880
Speaker 2: Enjoy your evening and we'll see you Tomorrow.

1931
01:38:59,640 --> 01:39:15,600
Speaker 23: Friday, Spising the sunshine and teasing way.

1932
01:39:17,160 --> 01:39:23,640
Speaker 2: Still take me back where I read remain.

1933
01:39:24,960 --> 01:39:34,920
Speaker 3: Big has to Hi has a car handing back.

1934
01:39:34,840 --> 01:39:36,800
Speaker 26: To the ball.

1935
01:39:37,520 --> 01:39:39,040
Speaker 3: Lookain time.

1936
01:39:42,400 --> 01:39:46,400
Speaker 18: On lookin till his.

1937
01:39:48,520 --> 01:39:52,960
Speaker 3: From Bessy I Disi.

1938
01:39:53,800 --> 01:39:55,920
Speaker 4: Is away to be.

1939
01:39:59,000 --> 01:40:49,280
Speaker 1: Looking for more from Hither Duplessye Alan Drive. Listen live

1940
01:40:49,400 --> 01:40:52,280
Speaker 1: to news talks it'd be from four pm weekdays, or

1941
01:40:52,320 --> 01:40:54,400
Speaker 1: follow the podcast on iHeartRadio