1 00:00:01,800 --> 00:00:08,480 Speaker 1: The issues, the interviews and the inside. Ryan Bridge you 2 00:00:08,680 --> 00:00:12,040 Speaker 1: for twenty twenty four on the early edition with Smith City, 3 00:00:12,160 --> 00:00:14,920 Speaker 1: New Zealand's Furniture Beds and a play a store us 4 00:00:15,000 --> 00:00:15,520 Speaker 1: Dog SIDB. 5 00:00:15,960 --> 00:00:18,680 Speaker 2: Good morning, it has just gone six after five. Welcome 6 00:00:18,680 --> 00:00:21,240 Speaker 2: to your Tuesday morning news Dog said, be great to 7 00:00:21,239 --> 00:00:23,959 Speaker 2: have your company this morning. We're going to talk treaty 8 00:00:24,200 --> 00:00:27,120 Speaker 2: just before six this morning. Big debate coming tonight between 9 00:00:27,160 --> 00:00:30,840 Speaker 2: David Seymour and Helmmeut Modlick. He's the NATI toer EWE 10 00:00:30,920 --> 00:00:33,720 Speaker 2: chief executive. He's on the show just before six this morning. 11 00:00:34,720 --> 00:00:38,440 Speaker 2: Basically at issue is the government sovereign in New Zealand. 12 00:00:39,120 --> 00:00:41,479 Speaker 2: We're going to talk to Westpac. They've got in a 13 00:00:41,640 --> 00:00:45,519 Speaker 2: very interesting regional report out this morning. Donald Tomayo out 14 00:00:45,560 --> 00:00:48,800 Speaker 2: of Australia and don'tk and grieve on Onenews, dot co 15 00:00:49,000 --> 00:00:50,640 Speaker 2: dot MZ being no more. 16 00:00:52,280 --> 00:00:53,000 Speaker 1: The agenda. 17 00:00:53,800 --> 00:00:56,320 Speaker 2: It is Tuesday, the eighth of October. The one year 18 00:00:56,360 --> 00:00:59,640 Speaker 2: anniversary of Hamas's attack on Israel has been marked in 19 00:00:59,640 --> 00:01:02,360 Speaker 2: the middle at least his Benjamin Netanyahu. 20 00:01:02,080 --> 00:01:02,680 Speaker 3: A year ago. 21 00:01:03,000 --> 00:01:04,839 Speaker 2: We suffered a terrible blow. 22 00:01:05,000 --> 00:01:08,040 Speaker 4: In the past twelve months, we are changing the reality 23 00:01:08,880 --> 00:01:09,479 Speaker 4: to end. 24 00:01:09,800 --> 00:01:12,520 Speaker 2: Two Chinese nationals have died and at least ten people 25 00:01:12,600 --> 00:01:15,319 Speaker 2: have been injured following an attack in Pakistan by a 26 00:01:15,360 --> 00:01:18,840 Speaker 2: militant group. They've carried out the attack, which was targeting 27 00:01:18,920 --> 00:01:21,960 Speaker 2: Chinese engineers. The group has been known to carry out 28 00:01:21,959 --> 00:01:27,240 Speaker 2: attacks on Chinese nationals involved in Pakistan development projects. The 29 00:01:27,480 --> 00:01:32,480 Speaker 2: southeast United States bracing for another major hurricane. Milton is 30 00:01:32,560 --> 00:01:34,840 Speaker 2: quickly intensifying Category four. 31 00:01:35,000 --> 00:01:37,119 Speaker 5: Talking about three and a half four and a half 32 00:01:37,160 --> 00:01:40,399 Speaker 5: meter storm surge along the west coast of Florida. And 33 00:01:40,400 --> 00:01:44,839 Speaker 5: it's significant because Helen produced storm surge about a meter 34 00:01:45,200 --> 00:01:47,400 Speaker 5: less than what we're expecting to see. 35 00:01:47,440 --> 00:01:50,600 Speaker 2: With Milton and a new research out this morning, an 36 00:01:50,600 --> 00:01:55,000 Speaker 2: analysis of death has shown that rapid improvements in life 37 00:01:55,040 --> 00:01:58,880 Speaker 2: expectancy that we achieved over the twentieth century have slowed 38 00:01:58,960 --> 00:02:02,960 Speaker 2: dramatically over the past three decades. Basically, we're maxing out. 39 00:02:03,000 --> 00:02:06,120 Speaker 2: We're tapping out our ability to live forever. We've done 40 00:02:06,120 --> 00:02:09,440 Speaker 2: the cancer, treatments of dementia, the heart disease. What we 41 00:02:09,560 --> 00:02:14,079 Speaker 2: need next, they reckon to keep increasing This is drugs 42 00:02:14,120 --> 00:02:17,560 Speaker 2: to actually slow the aging process. Good luck with that. 43 00:02:17,600 --> 00:02:18,600 Speaker 2: Eight after five. 44 00:02:19,520 --> 00:02:23,880 Speaker 1: On your radio and online on iHeartRadio Early Edition with 45 00:02:24,120 --> 00:02:27,440 Speaker 1: Ryan Bridge and Smith City, New Zealand's furniture beds and 46 00:02:27,520 --> 00:02:29,160 Speaker 1: applying store new Talk. 47 00:02:29,080 --> 00:02:32,600 Speaker 2: Said be well don't we already have that botox slows 48 00:02:32,600 --> 00:02:35,239 Speaker 2: the aging process. Our new research out this morning, also 49 00:02:35,360 --> 00:02:37,600 Speaker 2: from aut that I want to bring to your attention, 50 00:02:37,760 --> 00:02:40,840 Speaker 2: and it's one of those Yeah, we knew that. So 51 00:02:40,919 --> 00:02:44,600 Speaker 2: this is research about the media during the COVID pandemic. 52 00:02:44,639 --> 00:02:48,400 Speaker 2: And remember there was subsidies, there was direct cash in 53 00:02:48,440 --> 00:02:52,600 Speaker 2: the Public Interest Journalism Fund paid to media private media companies. 54 00:02:53,440 --> 00:02:56,359 Speaker 2: This research has found, oh, actually there were some unintended 55 00:02:56,400 --> 00:03:01,240 Speaker 2: negative consequences as a result of that. Really, so what 56 00:03:01,320 --> 00:03:05,520 Speaker 2: they found is one, it didn't stop the redundancies. Obviously, 57 00:03:05,680 --> 00:03:08,120 Speaker 2: people are still being laid off now from these private 58 00:03:08,160 --> 00:03:11,720 Speaker 2: companies they were paid. The money was paid to these 59 00:03:11,760 --> 00:03:15,440 Speaker 2: companies at a time where they were in profit and 60 00:03:15,560 --> 00:03:19,680 Speaker 2: paying their shareholders' dividends, so that doesn't make sense. But 61 00:03:19,800 --> 00:03:24,679 Speaker 2: the bigger issue is around the perception of the government 62 00:03:25,560 --> 00:03:28,919 Speaker 2: funding and therefore having an influence over what the media 63 00:03:29,000 --> 00:03:31,480 Speaker 2: was saying. That was a big one, I think for 64 00:03:31,560 --> 00:03:35,880 Speaker 2: a lot of people. So it's essentially confirming what people 65 00:03:35,920 --> 00:03:39,160 Speaker 2: already thought and already knew and what like the lights 66 00:03:39,160 --> 00:03:41,960 Speaker 2: of Willie Jackson have said on this program before around 67 00:03:42,000 --> 00:03:44,200 Speaker 2: the role of the treaty and how that was tied 68 00:03:44,240 --> 00:03:47,120 Speaker 2: to some of the funding. Even he conceded that they 69 00:03:47,200 --> 00:03:51,480 Speaker 2: overegged that a little bit. And to my mind, the 70 00:03:51,480 --> 00:03:55,080 Speaker 2: bigger problem was it was the Decinda Show during COVID, 71 00:03:55,160 --> 00:03:59,320 Speaker 2: wasn't it, and everybody just bowing at the feet and 72 00:03:59,640 --> 00:04:03,800 Speaker 2: not asking particularly probing questions about all of this. All 73 00:04:03,880 --> 00:04:07,480 Speaker 2: the while we're locked in our homes feeling very frustrated. 74 00:04:08,200 --> 00:04:12,440 Speaker 2: And everybody's different, right, So some kiwis in their minds 75 00:04:12,960 --> 00:04:17,160 Speaker 2: personal freedom, you know, association with their friends and family, 76 00:04:17,560 --> 00:04:20,480 Speaker 2: freedom of speech, all of those things are quite vital 77 00:04:20,560 --> 00:04:23,320 Speaker 2: to their quality of life. And if there's a perception 78 00:04:24,160 --> 00:04:30,560 Speaker 2: that those things are being hindered or shut down, and 79 00:04:30,600 --> 00:04:34,920 Speaker 2: that the media was complicit in that, that's almost unforgivable, 80 00:04:35,440 --> 00:04:37,760 Speaker 2: isn't it, And maybe that is part of the problem 81 00:04:37,800 --> 00:04:40,680 Speaker 2: that we have in the media landscape. Today. We're going 82 00:04:40,720 --> 00:04:43,120 Speaker 2: to talk to Duncan Grieve actually about this report from 83 00:04:43,120 --> 00:04:46,640 Speaker 2: aut but also about one used dot co dot nz 84 00:04:46,880 --> 00:04:49,960 Speaker 2: being shut down. We'd love your views on this this morning. 85 00:04:50,400 --> 00:04:52,760 Speaker 2: Nine to nine two is the number to text eleven 86 00:04:52,800 --> 00:04:53,279 Speaker 2: after five. 87 00:04:53,680 --> 00:04:54,760 Speaker 1: Ryan Bridge. 88 00:04:56,480 --> 00:05:01,039 Speaker 2: Also this morning, lots of economic data to get through. 89 00:05:01,360 --> 00:05:03,480 Speaker 2: How does that Does that got you excited for your 90 00:05:03,520 --> 00:05:08,080 Speaker 2: Tuesday house prices? You will be interested in that. Also, 91 00:05:08,200 --> 00:05:11,040 Speaker 2: we're going to look at the ocr The guy who 92 00:05:11,120 --> 00:05:14,560 Speaker 2: was calling for a one and a half percent cut 93 00:05:14,600 --> 00:05:19,280 Speaker 2: by Christmas. He wants to take a sledgehammer to the OCR. 94 00:05:19,440 --> 00:05:22,839 Speaker 2: We'll talk about that with Westpac inside the next half hour. 95 00:05:22,960 --> 00:05:24,000 Speaker 2: You're on News Talks MB. 96 00:05:29,680 --> 00:05:33,479 Speaker 1: Ryan Bridge new for twenty twenty four on early edition 97 00:05:33,720 --> 00:05:37,080 Speaker 1: with Smith City, New Zealand's furniture beds and a playing store. 98 00:05:37,240 --> 00:05:38,279 Speaker 1: News Talks EDB. 99 00:05:38,360 --> 00:05:40,760 Speaker 2: Thirteen minutes after five. Great to have you with me 100 00:05:40,839 --> 00:05:43,600 Speaker 2: this morning. So this is from Interest dot co dot 101 00:05:43,640 --> 00:05:46,440 Speaker 2: in z one year, mortgage rates have fallen to around 102 00:05:46,520 --> 00:05:49,320 Speaker 2: six point three to three percent. This is on average. 103 00:05:49,360 --> 00:05:52,360 Speaker 2: They peaked at seven point three five percent in January, 104 00:05:52,440 --> 00:05:55,680 Speaker 2: so that's a huge drop already. The problem if you're 105 00:05:55,720 --> 00:05:57,920 Speaker 2: trying to get a mortgage, if you're trying to get 106 00:05:57,960 --> 00:06:01,280 Speaker 2: a home, particularly first home buyers, the test that's being 107 00:06:01,279 --> 00:06:04,120 Speaker 2: applied by the banks is still you know, nine percent, 108 00:06:04,640 --> 00:06:08,240 Speaker 2: which is quite significant. The other problem we're going to have, 109 00:06:08,480 --> 00:06:12,680 Speaker 2: even when rates come down, the debt to income ratios 110 00:06:12,760 --> 00:06:16,520 Speaker 2: will kick in they've already started, but they're not you're 111 00:06:16,520 --> 00:06:18,760 Speaker 2: not feeling the impact of them because interest rates are 112 00:06:18,800 --> 00:06:21,120 Speaker 2: too high, so that will cap the amount you can 113 00:06:21,160 --> 00:06:24,960 Speaker 2: borrow at six times your income. So if you are 114 00:06:25,000 --> 00:06:29,000 Speaker 2: a first home buyer, sorry, things are going to be 115 00:06:29,400 --> 00:06:33,160 Speaker 2: tough for a while yet. And that is assuming that 116 00:06:33,200 --> 00:06:35,440 Speaker 2: property prices hold up kind of where they have been 117 00:06:35,960 --> 00:06:38,240 Speaker 2: and on that. We have new numbers, which I'll get. 118 00:06:38,120 --> 00:06:41,080 Speaker 1: To in a second bridge right. 119 00:06:40,920 --> 00:06:43,719 Speaker 2: Now, though we're going to Westpac. The Regional Economic roundup 120 00:06:43,800 --> 00:06:46,800 Speaker 2: is out. This is the October report. It's a bit 121 00:06:46,839 --> 00:06:50,320 Speaker 2: of a mixed bag. It comes also as Greg Smith 122 00:06:50,360 --> 00:06:55,000 Speaker 2: from Devon Funds promotes an aggressive sledge hammer approach to 123 00:06:55,040 --> 00:06:57,760 Speaker 2: the ocr We've obviously got a cut coming tomorrow, but 124 00:06:57,880 --> 00:07:00,600 Speaker 2: how big will it be? He wants one and a 125 00:07:00,640 --> 00:07:03,800 Speaker 2: half percent off by Christmas? That would require seventy five 126 00:07:03,880 --> 00:07:07,680 Speaker 2: basis points tomorrow and seventy five basis points in November. 127 00:07:08,760 --> 00:07:11,640 Speaker 2: Ranchold Is, the Westpac Senior Economists, is with us this morning. 128 00:07:11,680 --> 00:07:12,840 Speaker 2: Statistic Good morning. 129 00:07:13,320 --> 00:07:14,120 Speaker 6: Good morning, Ryan. 130 00:07:14,440 --> 00:07:17,160 Speaker 2: First of all, do you think aggressive cuts like that 131 00:07:17,280 --> 00:07:18,120 Speaker 2: are required? 132 00:07:19,400 --> 00:07:22,160 Speaker 7: I think that the scope to cut the OCI pretty quickly, 133 00:07:22,400 --> 00:07:25,200 Speaker 7: but not that sort of pace. While We've seen that 134 00:07:25,240 --> 00:07:28,760 Speaker 7: inflation's coming down, unemployments still high, and we've got tired 135 00:07:28,800 --> 00:07:31,240 Speaker 7: interest rate. So that makes the case to cutting the 136 00:07:31,320 --> 00:07:34,360 Speaker 7: OSIO fast paced. We saw during the pandemic that when 137 00:07:34,360 --> 00:07:38,000 Speaker 7: you cut rates too quickly can't have unintended consequences. It 138 00:07:38,040 --> 00:07:41,000 Speaker 7: could risk supercharging the housing market, which could be a 139 00:07:41,000 --> 00:07:42,440 Speaker 7: different problem for us altogether. 140 00:07:43,080 --> 00:07:46,920 Speaker 2: Let's look at your regional roundup, HOSTPO, retail bad, Wellington bad. 141 00:07:46,920 --> 00:07:50,080 Speaker 2: We expect those things, We know those things. What were 142 00:07:50,080 --> 00:07:53,240 Speaker 2: you told about new hiring from businesses? 143 00:07:54,240 --> 00:07:57,120 Speaker 7: What we're hearing is that very few firms are looking 144 00:07:57,120 --> 00:07:59,840 Speaker 7: at taking on staff right now. Those pressures a listening 145 00:08:00,000 --> 00:08:02,880 Speaker 7: in terms of demands means that they are more cautious 146 00:08:02,880 --> 00:08:04,800 Speaker 7: about taking on stuff, and a lot of them have 147 00:08:04,920 --> 00:08:06,640 Speaker 7: actually been shedding workers recently. 148 00:08:07,360 --> 00:08:10,440 Speaker 2: Agriculture, tourism, are they giving you a bit of hope. 149 00:08:11,240 --> 00:08:13,720 Speaker 7: They are the bright spots of the economy right now. 150 00:08:13,800 --> 00:08:17,120 Speaker 7: Tourism has been a boom for regions like Queen Sound. 151 00:08:17,280 --> 00:08:19,560 Speaker 7: We're also seeing some better prices for some of our 152 00:08:19,680 --> 00:08:24,080 Speaker 7: key experts. That's been welcome for some of our rural regions. 153 00:08:24,800 --> 00:08:28,600 Speaker 2: Southland. I noticed you mentioned Southland in the report that 154 00:08:28,640 --> 00:08:30,160 Speaker 2: they are coming off a little bit. 155 00:08:31,320 --> 00:08:35,720 Speaker 7: Yeah, Southland has seen some more mixed conditions recently, spending 156 00:08:35,800 --> 00:08:39,119 Speaker 7: there has flattened off, but with a mix of conditions 157 00:08:39,160 --> 00:08:42,920 Speaker 7: they're especially that improvement and agriplaces. It's really looking a 158 00:08:42,960 --> 00:08:44,760 Speaker 7: bit more flat rather than weak. 159 00:08:45,600 --> 00:08:49,359 Speaker 2: All right, thanks Sama. Just finally that the North South divide, 160 00:08:49,920 --> 00:08:52,160 Speaker 2: who is more optimistic right now? 161 00:08:53,320 --> 00:08:56,079 Speaker 7: I think we are seeing some more positive conditions coming 162 00:08:56,120 --> 00:08:58,600 Speaker 7: through in the South Island. They've got that mix of 163 00:08:58,679 --> 00:09:02,080 Speaker 7: tourism and agricultu as well as other industries helping to 164 00:09:02,080 --> 00:09:05,440 Speaker 7: support sentiments. In the North Island, it was clearly a 165 00:09:05,480 --> 00:09:09,199 Speaker 7: weaker pitchure, especially in Wellington for those job loss being felt, 166 00:09:09,400 --> 00:09:11,800 Speaker 7: as well as financial pressures right across the country. 167 00:09:11,840 --> 00:09:14,720 Speaker 2: Statists, thanks so much for your time. Satisha Ranchod with 168 00:09:14,800 --> 00:09:18,560 Speaker 2: US Westpac Senior Economists, seventeen after five. Up next the 169 00:09:18,679 --> 00:09:20,600 Speaker 2: Media with Duncan Grief, The. 170 00:09:20,520 --> 00:09:23,480 Speaker 1: News you Need this morning and the in depth analysis 171 00:09:23,600 --> 00:09:27,400 Speaker 1: early edition with Ryan Bridge and Swift City, New Zealand's 172 00:09:27,400 --> 00:09:30,000 Speaker 1: Furniture Beds and a Playing Store News Talk. 173 00:09:29,920 --> 00:09:33,679 Speaker 2: Zaid be Milton. The hurricane that's heading towards Florida in 174 00:09:33,720 --> 00:09:36,720 Speaker 2: the United States has just been upgraded to a Category 175 00:09:36,880 --> 00:09:40,640 Speaker 2: five storm. Winds of two hundred and fifty kilometers an 176 00:09:40,679 --> 00:09:42,920 Speaker 2: hour expected. This has just happened in the last few minutes. 177 00:09:42,960 --> 00:09:45,400 Speaker 2: Obviously they've been dealing with the fallout from Hurricane Helene 178 00:09:45,440 --> 00:09:47,520 Speaker 2: as well, So a lot going on there. Will bring 179 00:09:47,559 --> 00:09:49,960 Speaker 2: you more just before the News at five thirty right 180 00:09:49,960 --> 00:09:50,640 Speaker 2: now twenty. 181 00:09:50,440 --> 00:09:52,160 Speaker 1: After Ryan Bridge. 182 00:09:52,320 --> 00:09:55,040 Speaker 2: So TVNZ's one News website is set to be cut 183 00:09:55,200 --> 00:09:58,080 Speaker 2: from February next year as part of the state broadcasters 184 00:09:58,120 --> 00:10:01,120 Speaker 2: news proposal to head a thirty million dollar savings target. 185 00:10:01,600 --> 00:10:05,160 Speaker 2: Staff have also been told there's a proposal to consolidate 186 00:10:05,200 --> 00:10:07,680 Speaker 2: some business areas to align with its news strategy, et cetera, 187 00:10:07,720 --> 00:10:10,560 Speaker 2: et cetera. Dunk and Grieve spinoff founder and media commentator 188 00:10:10,640 --> 00:10:14,640 Speaker 2: joins us this morning, Dunk and good morning. Good to 189 00:10:14,679 --> 00:10:18,040 Speaker 2: have you on the show. Tell me what happens to 190 00:10:18,080 --> 00:10:21,359 Speaker 2: the website. How important is the website to one News. 191 00:10:22,720 --> 00:10:24,760 Speaker 8: I mean, it's a brutal thing to say, but I 192 00:10:24,760 --> 00:10:27,280 Speaker 8: don't think it's particularly important to one News. You know, 193 00:10:27,360 --> 00:10:31,680 Speaker 8: the core business of them has always been built around 194 00:10:31,720 --> 00:10:36,000 Speaker 8: that six pm bulletin, which still has such a large audience, 195 00:10:36,160 --> 00:10:39,600 Speaker 8: and the news room is, you know, rightly or wrongly, 196 00:10:39,679 --> 00:10:42,920 Speaker 8: driven around creating video the news. So the one news 197 00:10:42,960 --> 00:10:47,400 Speaker 8: website never got the scale of audience to compete with 198 00:10:47,480 --> 00:10:51,480 Speaker 8: the bigger text driven websites, and as a result, it's 199 00:10:51,600 --> 00:10:53,200 Speaker 8: it's always set a bit off to the side. In 200 00:10:53,240 --> 00:10:53,800 Speaker 8: my opinion. 201 00:10:54,200 --> 00:10:56,480 Speaker 2: You can't tell me that costs thirty million dollars to 202 00:10:56,559 --> 00:11:00,360 Speaker 2: run the website, right, So where else are the saving 203 00:11:00,400 --> 00:11:01,200 Speaker 2: is going to come from? 204 00:11:02,280 --> 00:11:06,080 Speaker 8: I mean, that's a really good point, you know. I'd 205 00:11:06,160 --> 00:11:09,960 Speaker 8: say there's probably maybe a couple of million, maybe a 206 00:11:10,000 --> 00:11:14,160 Speaker 8: bit more in savings associated with the website across you know, 207 00:11:14,240 --> 00:11:21,200 Speaker 8: the editors, writers, specialized journalists, development and so on. But 208 00:11:22,520 --> 00:11:25,680 Speaker 8: thirty million dollars is just an enormous sum for it 209 00:11:25,760 --> 00:11:29,760 Speaker 8: or Slight TV, and it represents roughly ten percent of revenues. 210 00:11:29,800 --> 00:11:32,160 Speaker 8: But remember they've got a lot of money that goes 211 00:11:32,160 --> 00:11:36,920 Speaker 8: straight out the door on playing overseas content or local production. 212 00:11:37,080 --> 00:11:39,920 Speaker 8: So if they're looking to find that within the house, 213 00:11:40,200 --> 00:11:42,280 Speaker 8: you know, suddenly that starts to look like a very 214 00:11:42,360 --> 00:11:45,680 Speaker 8: large proportion of their spend and a lot more staff 215 00:11:45,720 --> 00:11:46,880 Speaker 8: than just a website. 216 00:11:47,320 --> 00:11:51,600 Speaker 2: This idea of putting video content on their at news 217 00:11:51,679 --> 00:11:53,959 Speaker 2: video content on their app, it sounds like a good 218 00:11:54,000 --> 00:11:56,440 Speaker 2: one to me. They'll be competing with I guess the 219 00:11:56,600 --> 00:11:59,320 Speaker 2: likes of YouTube. Maybe it's more of a local flavor. 220 00:11:59,360 --> 00:12:00,400 Speaker 2: Do you think it could work. 221 00:12:02,240 --> 00:12:05,280 Speaker 8: I think it could work. I don't think it's guaranteed 222 00:12:05,320 --> 00:12:09,200 Speaker 8: by any means. It's unfortunate in a way that TV 223 00:12:09,559 --> 00:12:12,240 Speaker 8: d Plus, which you know, and it's predecessor TV said 224 00:12:12,280 --> 00:12:15,520 Speaker 8: on demand, has been running for the second of teen 225 00:12:15,600 --> 00:12:18,520 Speaker 8: years and news has never felt like a priority for it, 226 00:12:18,800 --> 00:12:21,480 Speaker 8: not certainly not the way it does on the linear stream. 227 00:12:21,960 --> 00:12:26,079 Speaker 8: So they're coming from behind to an extent. But even 228 00:12:26,120 --> 00:12:27,840 Speaker 8: if you go and look at the app now you 229 00:12:27,840 --> 00:12:31,240 Speaker 8: know they've got this new John Campbell true crime series 230 00:12:31,559 --> 00:12:35,079 Speaker 8: from a place you can now access individual clips of 231 00:12:35,200 --> 00:12:40,199 Speaker 8: the news from the home page. You know, it's it's 232 00:12:40,480 --> 00:12:42,920 Speaker 8: a bit of a sort of stop gap compared to 233 00:12:42,920 --> 00:12:46,319 Speaker 8: what a fully kind of you know, realized vision of 234 00:12:46,640 --> 00:12:48,480 Speaker 8: news within TV and Z plus would look like. But 235 00:12:48,520 --> 00:12:50,400 Speaker 8: it's a start, and that's clearly where they're going to 236 00:12:50,400 --> 00:12:53,120 Speaker 8: put all the energy now into the digitational news offering. 237 00:12:53,360 --> 00:12:55,920 Speaker 2: It does sound like it, doesn't it. Hey, this aut report, 238 00:12:55,960 --> 00:12:58,440 Speaker 2: I know we've only just seen at you this morning 239 00:12:58,480 --> 00:13:00,600 Speaker 2: and it's only just come out, but it's it's essentially 240 00:13:00,679 --> 00:13:03,520 Speaker 2: saying that the funding that was given to the media 241 00:13:03,640 --> 00:13:06,520 Speaker 2: during the COVID pandemic, you know, the Public Interest Journalism Fund, 242 00:13:06,520 --> 00:13:11,440 Speaker 2: et cetera, had some unintended negative consequences, which I'm I 243 00:13:11,520 --> 00:13:14,560 Speaker 2: kind of thought was obvious. But they're saying, you know, 244 00:13:14,559 --> 00:13:17,400 Speaker 2: it didn't stop the redundancies. It was paid at a 245 00:13:17,440 --> 00:13:20,520 Speaker 2: time where private companies were paying dividends and making profits, 246 00:13:20,559 --> 00:13:25,080 Speaker 2: and it also led to perception problems. You think it's valid. 247 00:13:26,400 --> 00:13:30,040 Speaker 8: Not really. I mean, like I sort of looked at 248 00:13:30,040 --> 00:13:32,280 Speaker 8: the study when it arrived yesterday and I was like, yeah, 249 00:13:32,400 --> 00:13:35,760 Speaker 8: a lot of it's captain obvious and essentially duplicative of 250 00:13:36,480 --> 00:13:39,880 Speaker 8: a U two researcher already exists around the sort of 251 00:13:39,880 --> 00:13:43,520 Speaker 8: trust issue. But the idea that you that it went 252 00:13:43,559 --> 00:13:46,360 Speaker 8: to private companies that are paying dividends. You know, if 253 00:13:46,720 --> 00:13:52,680 Speaker 8: if the government's kind of participation in news means that 254 00:13:52,880 --> 00:13:55,120 Speaker 8: private companees are to stop paying dividends, that it can 255 00:13:55,200 --> 00:13:59,959 Speaker 8: only participate them basically not for profit, so therefore only 256 00:14:00,080 --> 00:14:02,280 Speaker 8: hour and that So that just seems like a weird 257 00:14:02,320 --> 00:14:06,160 Speaker 8: thing to single out. And the whole structure of the 258 00:14:06,160 --> 00:14:08,760 Speaker 8: PIGF was here is some money for you to do 259 00:14:08,840 --> 00:14:13,880 Speaker 8: something new. You wouldn't ordinarily do, which meant that it 260 00:14:13,920 --> 00:14:17,600 Speaker 8: was kind of cost neutral, but it but it did 261 00:14:17,600 --> 00:14:20,200 Speaker 8: its job on that front. But unfortunately, because of the 262 00:14:20,240 --> 00:14:22,280 Speaker 8: timing of it and because of you know, the sort 263 00:14:22,280 --> 00:14:27,600 Speaker 8: of world canvas, you know, ways that it approached particular areas, 264 00:14:28,000 --> 00:14:31,280 Speaker 8: it led to a perception of politicization. But again, this 265 00:14:31,440 --> 00:14:33,680 Speaker 8: is all sort of quite well known, so I didn't 266 00:14:34,120 --> 00:14:36,120 Speaker 8: really see what the function of that research was. 267 00:14:36,560 --> 00:14:39,160 Speaker 2: I've got to study something, don't they aut. 268 00:14:39,040 --> 00:14:43,320 Speaker 8: The thing that's interesting is like, we have these journalism 269 00:14:43,360 --> 00:14:46,840 Speaker 8: schools kind of creating journalists, but we also have an 270 00:14:46,880 --> 00:14:51,600 Speaker 8: industry that is, you know where this time in February 271 00:14:51,640 --> 00:14:55,400 Speaker 8: of next year, we'll have too fewer of our five 272 00:14:55,400 --> 00:14:58,520 Speaker 8: biggest news sites, you know, And so what is the 273 00:14:58,560 --> 00:15:01,840 Speaker 8: pipeline for, Like why are we educating journalists because right 274 00:15:01,880 --> 00:15:04,360 Speaker 8: now it looks like this is an industry that is 275 00:15:04,440 --> 00:15:07,600 Speaker 8: running to shut down. So, you know, it's weird that 276 00:15:07,600 --> 00:15:10,520 Speaker 8: they're doing with kind of semi esoteric research projects when 277 00:15:10,560 --> 00:15:13,320 Speaker 8: the big question is why are we training people at all? 278 00:15:14,200 --> 00:15:16,760 Speaker 2: Don't Angrieve with a great start to your morning. Thank 279 00:15:16,800 --> 00:15:18,680 Speaker 2: you very much for your time. It's been off. Founder 280 00:15:18,720 --> 00:15:21,480 Speaker 2: and media commentator on One News and the state of 281 00:15:21,520 --> 00:15:24,720 Speaker 2: the media. More generally twenty five after five the early. 282 00:15:24,600 --> 00:15:28,840 Speaker 1: Edition full the Show podcast on iHeartRadio, Power by News Talks. 283 00:15:28,840 --> 00:15:32,000 Speaker 2: At me, you're on news Talks. There'll be twenty seven 284 00:15:32,000 --> 00:15:35,800 Speaker 2: minutes after five o'clock. Inflation is still the dominant force 285 00:15:35,880 --> 00:15:38,840 Speaker 2: in global politics, no doubt about it. We've got the 286 00:15:39,000 --> 00:15:41,200 Speaker 2: US election next month. The Aussies are going to the 287 00:15:41,240 --> 00:15:43,920 Speaker 2: polls by midway through next year, so are the Canadians. 288 00:15:43,960 --> 00:15:46,360 Speaker 2: We just had the UK, we've just had France, and 289 00:15:46,400 --> 00:15:50,880 Speaker 2: inflation rules the roost and bad news for old Elbow 290 00:15:50,960 --> 00:15:53,000 Speaker 2: in Australia. There's a new poll out this morning that 291 00:15:53,080 --> 00:15:58,960 Speaker 2: has him neck and neck with Dutton and with the Coalition. 292 00:15:59,560 --> 00:16:01,640 Speaker 2: But here's it's the bad part, the really bad part. 293 00:16:01,800 --> 00:16:04,680 Speaker 2: Forty four percent of Aussies think the economy will worsen 294 00:16:04,760 --> 00:16:08,200 Speaker 2: in the next six months. What's more, Dust and the 295 00:16:08,240 --> 00:16:11,600 Speaker 2: Coalition are favored on the economy thirty eight percent to 296 00:16:11,680 --> 00:16:16,360 Speaker 2: twenty six percent, and more people blame the government for 297 00:16:16,480 --> 00:16:20,200 Speaker 2: causing inflation rather than global issues. So he has an 298 00:16:20,280 --> 00:16:24,920 Speaker 2: uphill battle, doesn't he. For New Zealand, inflation should be 299 00:16:25,720 --> 00:16:27,880 Speaker 2: should be a distant memory by the time we had 300 00:16:27,920 --> 00:16:30,880 Speaker 2: twenty twenty six. In our next election, it's expected to 301 00:16:30,920 --> 00:16:35,120 Speaker 2: be inside the target range. By Christmas. GDP should have 302 00:16:35,200 --> 00:16:39,080 Speaker 2: picked up, unemployment, should have fallen, torourism, agriculture. We've already 303 00:16:39,120 --> 00:16:42,720 Speaker 2: heard this morning or showing promising signs. But there's always 304 00:16:42,720 --> 00:16:46,440 Speaker 2: a defining issue in a political campaign, isn't there? What 305 00:16:46,480 --> 00:16:49,720 Speaker 2: will ours be in twenty twenty six? Do you think 306 00:16:49,960 --> 00:16:53,000 Speaker 2: a smart government will always try to define what that 307 00:16:53,080 --> 00:16:55,480 Speaker 2: issue is ahead of time and to control the narrative, 308 00:16:55,880 --> 00:16:59,240 Speaker 2: control the language around it, control the debate. I think 309 00:16:59,240 --> 00:17:01,720 Speaker 2: the biggest risk for the National Party this point, this 310 00:17:01,920 --> 00:17:04,040 Speaker 2: far out. I know it is a bit far for predictions, 311 00:17:04,080 --> 00:17:06,840 Speaker 2: crystal ball gazing, but I think at this stage it 312 00:17:06,880 --> 00:17:12,080 Speaker 2: is probably public service cuts, you know Dunedin Hospital, public transport, health, 313 00:17:12,200 --> 00:17:16,320 Speaker 2: education etc. The reality is probably most of us will 314 00:17:16,320 --> 00:17:19,119 Speaker 2: give them another go, but it wouldn't hurt them to 315 00:17:19,200 --> 00:17:23,960 Speaker 2: keep an eye on what comes next. Twenty nine after five. 316 00:17:27,320 --> 00:17:41,040 Speaker 1: To the First Word on the News of the Day 317 00:17:41,359 --> 00:17:45,040 Speaker 1: Early edition with Ryan Bridge and Smith City New Zealand's 318 00:17:45,040 --> 00:17:46,720 Speaker 1: furniture beds and a play at store. 319 00:17:46,920 --> 00:17:59,400 Speaker 9: News Talk zibby, good morning, it is twenty four minutes 320 00:17:59,440 --> 00:18:00,000 Speaker 9: away from six. 321 00:18:00,119 --> 00:18:02,000 Speaker 2: You're on news Talk, said be great to have your 322 00:18:02,040 --> 00:18:07,120 Speaker 2: company this Tuesday. Australians apparently easy prey for cryptos scammers? 323 00:18:07,320 --> 00:18:10,120 Speaker 2: Is it because they're stupid? It's not very nice. Donald 324 00:18:10,160 --> 00:18:12,240 Speaker 2: Demato is with us out of Australia shortly. Also, the 325 00:18:12,240 --> 00:18:14,600 Speaker 2: big Treaty debate kicks off tonight. We're going to speak 326 00:18:14,640 --> 00:18:17,080 Speaker 2: to one of the participants, the guy who's going up 327 00:18:17,080 --> 00:18:20,360 Speaker 2: against David Seymour David and Goliath. He is with us 328 00:18:20,400 --> 00:18:23,359 Speaker 2: just before six this morning. Lots of your feedback on 329 00:18:23,480 --> 00:18:26,680 Speaker 2: what the next big issue will be for the government 330 00:18:26,680 --> 00:18:29,320 Speaker 2: when it comes to getting elected. This is twenty twenty six. 331 00:18:29,400 --> 00:18:32,120 Speaker 2: I know it's a bit far in the future, Ryan, 332 00:18:32,200 --> 00:18:34,440 Speaker 2: I think the big thing at the next election will 333 00:18:34,480 --> 00:18:37,440 Speaker 2: be the Treaty Principles and National could lose some votes 334 00:18:37,480 --> 00:18:41,200 Speaker 2: to Act. That's obviously the ACT party's strategy, David Simol's 335 00:18:41,200 --> 00:18:44,040 Speaker 2: strategy with this Treaty Principle's Bill, because he knows it's 336 00:18:44,040 --> 00:18:45,560 Speaker 2: going nowhere, but he knows it will sit on the 337 00:18:45,560 --> 00:18:47,600 Speaker 2: books and then hopefully he can revive it or at 338 00:18:47,680 --> 00:18:49,880 Speaker 2: least use it as a stick to beat the government, 339 00:18:49,920 --> 00:18:53,000 Speaker 2: to beat National with it the next election. Will it work? 340 00:18:53,080 --> 00:18:55,760 Speaker 2: I don't know. I don't know. It depends what else 341 00:18:55,840 --> 00:18:57,600 Speaker 2: is going on, right, And that's the question we've been 342 00:18:57,640 --> 00:19:01,640 Speaker 2: asking this morning on COVID and this new report out 343 00:19:01,680 --> 00:19:06,960 Speaker 2: from aut which says basically, during COVID, government paid media money, 344 00:19:07,520 --> 00:19:13,280 Speaker 2: media was still making profit and perception problems created for media, 345 00:19:13,400 --> 00:19:15,600 Speaker 2: huge problems, and so many of you have gotten touch 346 00:19:15,640 --> 00:19:20,000 Speaker 2: about this. In particular, Ryan, we completely stopped watching television 347 00:19:20,400 --> 00:19:23,240 Speaker 2: during COVID and we just haven't gone back there. One 348 00:19:23,359 --> 00:19:25,480 Speaker 2: news is of the world who've announced cuts in the 349 00:19:25,520 --> 00:19:28,959 Speaker 2: last couple of hour, twelve hours paying the price for 350 00:19:29,040 --> 00:19:32,880 Speaker 2: this still, says Penny Penny. Thanks for your message, Ryan. 351 00:19:32,920 --> 00:19:35,120 Speaker 2: Of course the media was complicit, TV and ZE radio 352 00:19:35,119 --> 00:19:38,280 Speaker 2: in New Zealand, stuff, etc. All of them were bribed 353 00:19:38,320 --> 00:19:41,879 Speaker 2: by the government. I make a slight distinction and that 354 00:19:41,960 --> 00:19:45,919 Speaker 2: I don't think it was the money that was causing 355 00:19:45,960 --> 00:19:50,920 Speaker 2: the problems. I think it was COVID and journalists and 356 00:19:51,080 --> 00:19:56,040 Speaker 2: the media felt that if they stepped outside of the 357 00:19:56,080 --> 00:20:02,120 Speaker 2: lines around COVID and the you know, the narrative, then 358 00:20:02,280 --> 00:20:06,359 Speaker 2: they would get into big trouble. And look what to 359 00:20:06,359 --> 00:20:08,399 Speaker 2: hap him to Simon Bridges when he tried to step 360 00:20:08,400 --> 00:20:10,680 Speaker 2: outside of the lines a little bit, he got rolled 361 00:20:10,680 --> 00:20:12,120 Speaker 2: from the National Party. Do you know what I mean? 362 00:20:12,520 --> 00:20:14,879 Speaker 2: I think that was the bigger problem anyway, I digress 363 00:20:14,880 --> 00:20:18,639 Speaker 2: twenty two minutes away from six News talks the'b Brian Bridge. 364 00:20:18,720 --> 00:20:20,840 Speaker 2: We're going to our reporters around the country and we're 365 00:20:20,840 --> 00:20:24,159 Speaker 2: starting with Cullum and Nedin this morning. Culum, give us 366 00:20:24,200 --> 00:20:28,600 Speaker 2: an update. The protests continue, albeit behind the scenes on 367 00:20:28,880 --> 00:20:32,440 Speaker 2: the hospital. Yeah, that's right. 368 00:20:32,480 --> 00:20:35,760 Speaker 3: Look, Prime Minister Christopher Luxe and visited Dunedin yesterday and 369 00:20:35,760 --> 00:20:39,920 Speaker 3: everywhere he turned he was ambushed by hospital protesters, which 370 00:20:39,960 --> 00:20:42,240 Speaker 3: is not surprising. He was here checking in on how 371 00:20:42,240 --> 00:20:44,720 Speaker 3: the city coped with Friday's floods. 372 00:20:45,640 --> 00:20:46,879 Speaker 2: This protest after. 373 00:20:46,680 --> 00:20:49,680 Speaker 3: The government signaled a hospital project downgrade following a claim 374 00:20:49,720 --> 00:20:51,200 Speaker 3: three billion dollar blowout. 375 00:20:52,160 --> 00:20:55,440 Speaker 2: Even the mayor was protesting. Him and fellow counselors. 376 00:20:54,880 --> 00:20:58,520 Speaker 3: Wore the hospital protest t shirts for the Prime Minister's 377 00:20:58,560 --> 00:21:03,080 Speaker 3: visit yesterday and the mutuals. Radick says, look, his Southern 378 00:21:03,119 --> 00:21:07,920 Speaker 3: delegation protest to Wellington remains on the cards. He says, 379 00:21:07,920 --> 00:21:10,399 Speaker 3: a solid protest campaign is still planned. They want the 380 00:21:10,400 --> 00:21:13,520 Speaker 3: government to deliver what was promised and he's also signing 381 00:21:13,560 --> 00:21:16,879 Speaker 3: the Bullet Declaration today stating our health systems in crisis. 382 00:21:17,000 --> 00:21:20,080 Speaker 2: All right, and your weather today, your health system not great, 383 00:21:20,119 --> 00:21:22,480 Speaker 2: But how's your weather looking? Yeah? Look better? 384 00:21:22,600 --> 00:21:25,359 Speaker 3: Another good data for the city to dry out. Find 385 00:21:25,359 --> 00:21:28,800 Speaker 3: today one or two afternoon showers, northerly, strong and exposed 386 00:21:28,800 --> 00:21:31,560 Speaker 3: places and a warm high of nineteen All. 387 00:21:31,520 --> 00:21:33,920 Speaker 2: Right, come, thank you for that. Clear and christ Church clear, 388 00:21:34,000 --> 00:21:37,040 Speaker 2: Good morning to you. So these buses, the public transport 389 00:21:37,040 --> 00:21:38,560 Speaker 2: they were going to put on for the cruise ships, 390 00:21:38,560 --> 00:21:39,680 Speaker 2: have they been axed? 391 00:21:40,480 --> 00:21:40,680 Speaker 7: Yeah? 392 00:21:40,720 --> 00:21:42,800 Speaker 10: Look, this has all been bubbling around here just for 393 00:21:42,840 --> 00:21:44,760 Speaker 10: the last kind of twenty four hours or so. Ryan, 394 00:21:45,240 --> 00:21:48,520 Speaker 10: we've effectively learned that e CAN here won't be funding 395 00:21:48,520 --> 00:21:53,119 Speaker 10: additional bustners or support staff for this upcoming ship cruise 396 00:21:53,119 --> 00:21:53,639 Speaker 10: ship season. 397 00:21:53,760 --> 00:21:55,200 Speaker 11: Of course, we're only a week out. 398 00:21:55,000 --> 00:21:57,800 Speaker 10: From the first ship docking at Littleton. The thing about 399 00:21:57,800 --> 00:22:00,280 Speaker 10: this is the call was made back in April, during 400 00:22:00,280 --> 00:22:03,679 Speaker 10: the long term planned deliberations. E CAN tells us that 401 00:22:03,760 --> 00:22:06,320 Speaker 10: was in order to help reduce rates increases because there 402 00:22:06,400 --> 00:22:10,879 Speaker 10: was community concern about the original rates proposal. There's been 403 00:22:10,920 --> 00:22:13,679 Speaker 10: some backlash from residents though, saying they weren't aware of 404 00:22:13,680 --> 00:22:15,840 Speaker 10: it and that it's come as a shock. Local government 405 00:22:15,920 --> 00:22:18,879 Speaker 10: expert Andy Asquith says the situation didn't need to be 406 00:22:18,920 --> 00:22:22,760 Speaker 10: directly communicated instead of buried in documents and then released 407 00:22:22,840 --> 00:22:25,040 Speaker 10: this week to us in the media. He says it's 408 00:22:25,080 --> 00:22:28,040 Speaker 10: a big ask to expect the average citizen to read 409 00:22:28,200 --> 00:22:29,919 Speaker 10: all LTP decisions. 410 00:22:30,040 --> 00:22:33,320 Speaker 2: Yeah, I think it is too clear. Your weather today a. 411 00:22:33,280 --> 00:22:36,080 Speaker 10: Really foggy start here in christ Church. The northwesterlies will 412 00:22:36,080 --> 00:22:39,920 Speaker 10: be strong and exposed places too afternoon, gusting eighty kilometers 413 00:22:39,960 --> 00:22:42,800 Speaker 10: per hour before easing. The high though eventually will be 414 00:22:42,800 --> 00:22:43,320 Speaker 10: twenty one. 415 00:22:43,560 --> 00:22:45,880 Speaker 2: All right, thank you Max's and Wellington. Hey Max, your 416 00:22:45,880 --> 00:22:49,879 Speaker 2: buildings are being inspected, your residents are being evacuated and 417 00:22:49,880 --> 00:22:52,560 Speaker 2: they're being sent back in. Yeah. 418 00:22:52,760 --> 00:22:52,800 Speaker 1: No. 419 00:22:52,960 --> 00:22:55,359 Speaker 12: Look, as someone who lived through to major quakes in 420 00:22:55,400 --> 00:22:59,600 Speaker 12: christ Church, this one was moderate. I would say there's extreme, 421 00:22:59,600 --> 00:23:02,679 Speaker 12: which is oh, and then there's moderate, which is oh. 422 00:23:02,760 --> 00:23:05,960 Speaker 12: And this was more of a oh. But look, you're 423 00:23:05,960 --> 00:23:08,000 Speaker 12: hearing me to start this morning because we've obviously been 424 00:23:08,040 --> 00:23:10,440 Speaker 12: let back into our office yesterday. We were kicked out 425 00:23:11,200 --> 00:23:14,600 Speaker 12: after some cracks were noticed on Sunday and inspection was done. 426 00:23:15,400 --> 00:23:17,040 Speaker 12: And we're not the only one. Quite a few owners 427 00:23:17,040 --> 00:23:19,479 Speaker 12: taking a cautious approach around the city this week. The 428 00:23:19,520 --> 00:23:23,240 Speaker 12: Council also says seventeen of its buildings have been inspected. 429 00:23:23,440 --> 00:23:26,640 Speaker 12: The Opera House, Saint James Theatre, Michael Fowler Center, all 430 00:23:26,680 --> 00:23:30,080 Speaker 12: apparently passing with flying colors. But it was a big 431 00:23:30,160 --> 00:23:33,640 Speaker 12: enough for shake to crack open. Some of our decades 432 00:23:33,680 --> 00:23:37,800 Speaker 12: old pipes to drinking water pipes have broken. One pottydoer 433 00:23:37,800 --> 00:23:40,840 Speaker 12: one in Kelburn, Wellington water reckons. We're going to see 434 00:23:40,880 --> 00:23:43,760 Speaker 12: an increase in leaks and bursts in the days and 435 00:23:43,800 --> 00:23:47,240 Speaker 12: weeks following this jolt, and Worth saying this jolt was 436 00:23:47,280 --> 00:23:50,240 Speaker 12: the strongest in New Zealand actually in over a year. 437 00:23:51,080 --> 00:23:55,280 Speaker 13: And you only scored it an oh as you're with 438 00:23:55,359 --> 00:23:59,520 Speaker 13: it today, Hi, cloudy until rain this evening some very 439 00:23:59,520 --> 00:24:02,280 Speaker 13: strong more still he's fifteen the high in the city. 440 00:24:02,760 --> 00:24:05,399 Speaker 2: Next neighvas and nevers tough as an e Mac. Yes, 441 00:24:05,800 --> 00:24:08,240 Speaker 2: who needs a director scale when you've got mac? That's right? 442 00:24:08,400 --> 00:24:10,439 Speaker 2: Telling me about the flood clean up. This is a 443 00:24:10,480 --> 00:24:11,920 Speaker 2: milestone for or Con Transport. 444 00:24:11,960 --> 00:24:14,439 Speaker 11: It is for eighty So this is the cleanup from 445 00:24:14,520 --> 00:24:18,240 Speaker 11: last year's anniversary weekend flood. So the Transport agency says 446 00:24:18,280 --> 00:24:21,439 Speaker 11: it's now completed. Can you believe it? Ninety percent of 447 00:24:21,520 --> 00:24:24,600 Speaker 11: repairs so that's the major milestone. So I can tell 448 00:24:24,640 --> 00:24:26,360 Speaker 11: you that it's spent about two hundred and twenty five 449 00:24:26,400 --> 00:24:30,280 Speaker 11: million dollars on flood repairs. This includes fixing about three 450 00:24:30,320 --> 00:24:34,160 Speaker 11: thousand sites, so that includes one hundred and eighteen major slips. 451 00:24:34,840 --> 00:24:37,800 Speaker 11: Murray boot he's the infrastructure director. He says, look, we've 452 00:24:37,840 --> 00:24:40,479 Speaker 11: got one hundred and sixty five thousand dollars left and 453 00:24:40,480 --> 00:24:44,560 Speaker 11: we've got two hundred sites still to repair. He reckons that, 454 00:24:44,640 --> 00:24:46,840 Speaker 11: look that they're on track to stay within budget. Do 455 00:24:46,840 --> 00:24:47,320 Speaker 11: you believe it? 456 00:24:47,400 --> 00:24:47,480 Speaker 1: No? 457 00:24:48,680 --> 00:24:50,600 Speaker 11: I agree with you because he's said that. You know, look, 458 00:24:50,640 --> 00:24:52,760 Speaker 11: they've got challenging repairs still ahead of them. 459 00:24:52,760 --> 00:24:53,360 Speaker 7: So let's see. 460 00:24:53,440 --> 00:24:54,160 Speaker 11: Let's see what happened. 461 00:24:54,240 --> 00:24:55,359 Speaker 2: How's the weather today, Neva. 462 00:24:55,400 --> 00:24:58,240 Speaker 11: We've got morning evening cloud otherwise fine, no rain today. 463 00:24:58,320 --> 00:25:01,520 Speaker 2: Yay yay now high ninety, thank you very much. It 464 00:25:01,560 --> 00:25:04,040 Speaker 2: has just gone seventeen minutes away from six News Talks. 465 00:25:04,040 --> 00:25:07,840 Speaker 2: Therebb lots of feedback on Dunedin. Andrew says, Ryan, way 466 00:25:07,880 --> 00:25:12,000 Speaker 2: too much virtue signaling from Dunedin on this. Someone else 467 00:25:12,240 --> 00:25:15,800 Speaker 2: has to pay for that hospital. Three billion dollars too much. 468 00:25:15,880 --> 00:25:21,320 Speaker 1: You're on Newstalk's EBB International Correspondence with ends and eye insurance, 469 00:25:21,440 --> 00:25:24,199 Speaker 1: peace of mind for New Zealand business. 470 00:25:24,000 --> 00:25:27,399 Speaker 2: Selba come what's your house worth? And also the treaty 471 00:25:27,440 --> 00:25:29,159 Speaker 2: debate which is taking place tonight. We'll get to that 472 00:25:29,160 --> 00:25:32,040 Speaker 2: in a second right now, fourteen away from six and 473 00:25:32,200 --> 00:25:35,359 Speaker 2: Donod tomorrow is our Australia correspondent Donna. The Prime Minister 474 00:25:35,520 --> 00:25:38,280 Speaker 2: Anthony Alberani haz Haing spoken to a vigil marking the 475 00:25:38,280 --> 00:25:39,639 Speaker 2: anniversary of October seven. 476 00:25:40,840 --> 00:25:47,160 Speaker 4: Yes, he attended a vigil where about seven thousand people gathered, 477 00:25:47,800 --> 00:25:50,680 Speaker 4: some lanterns will let and obviously a lot of reflection 478 00:25:50,880 --> 00:25:55,280 Speaker 4: was made on what happened on October seven. But interestingly 479 00:25:56,119 --> 00:25:59,240 Speaker 4: the Prime Minister didn't speak at the event and there 480 00:25:59,320 --> 00:26:01,960 Speaker 4: was a little bit of in fact, some people were 481 00:26:02,000 --> 00:26:07,399 Speaker 4: saying shame as he attended this gathering. But earlier in 482 00:26:07,400 --> 00:26:11,399 Speaker 4: the day Anthony Abaneze did issue a video message and 483 00:26:11,480 --> 00:26:13,080 Speaker 4: he did say it was a moment to reflect on 484 00:26:13,119 --> 00:26:18,879 Speaker 4: the horrific terrost atrocity and yet he holds hope that 485 00:26:18,960 --> 00:26:22,320 Speaker 4: peace for all is possible, and he said the first 486 00:26:22,359 --> 00:26:26,440 Speaker 4: anniversary will carry terrible pain, including for the families of 487 00:26:26,520 --> 00:26:30,080 Speaker 4: those hostages that and he declared sorrow knows no boundaries 488 00:26:30,280 --> 00:26:34,720 Speaker 4: and recognizes no differences. Interestingly, he also talked about the 489 00:26:34,800 --> 00:26:37,919 Speaker 4: fact that since the atrocities of October seven, as he 490 00:26:37,960 --> 00:26:41,359 Speaker 4: put a Jewish Australians have felt the cold shadow of 491 00:26:41,440 --> 00:26:44,120 Speaker 4: anti Semitism reaching into present day. 492 00:26:44,520 --> 00:26:46,119 Speaker 2: Is that a bit weird that he didn't. I mean, 493 00:26:46,119 --> 00:26:48,720 Speaker 2: he releases a video message, but doesn't she speak at 494 00:26:48,760 --> 00:26:49,159 Speaker 2: the vigil? 495 00:26:50,520 --> 00:26:55,320 Speaker 4: It is interesting. Meantime, about ten thousand people gathered in 496 00:26:55,359 --> 00:27:00,879 Speaker 4: Sydney at a commemorative event, a vigil, and the Opposition 497 00:27:01,000 --> 00:27:05,720 Speaker 4: leader was actually heard just to say that a moral 498 00:27:05,880 --> 00:27:09,600 Speaker 4: fog had descended on Australia. And apparently there were cheers 499 00:27:09,640 --> 00:27:12,560 Speaker 4: for Bete Dunden who did the opositionally diet my dad 500 00:27:13,080 --> 00:27:14,040 Speaker 4: who did speak. 501 00:27:14,840 --> 00:27:17,240 Speaker 2: So yes, I can't. 502 00:27:17,000 --> 00:27:19,680 Speaker 4: Speak for all Australians, but it was an interesting decision 503 00:27:19,720 --> 00:27:21,480 Speaker 4: for the PM not to speak last night. 504 00:27:21,520 --> 00:27:23,800 Speaker 2: I certainly was Johnna, thank you very much for that update. 505 00:27:23,800 --> 00:27:26,480 Speaker 2: Don and Demo our Australia correspondent with us this morning, 506 00:27:26,760 --> 00:27:30,760 Speaker 2: twelve minutes away from six Bryan Bridge. Big debate coming 507 00:27:30,760 --> 00:27:34,520 Speaker 2: tonight on the Treaty Principles builders as David Seymour's topic, 508 00:27:34,600 --> 00:27:37,720 Speaker 2: Djuur and he will be taking on the Nazi Tower 509 00:27:37,840 --> 00:27:40,439 Speaker 2: chief executive Helmet Modlick. They'll go head to head in 510 00:27:40,480 --> 00:27:43,160 Speaker 2: a public debate. It will take place at eight pm 511 00:27:43,200 --> 00:27:45,359 Speaker 2: this evening. It's been live streamed on all sorts of 512 00:27:45,359 --> 00:27:49,560 Speaker 2: different platforms, and Helmet Modlick is with us this morning. Helmet. 513 00:27:49,600 --> 00:27:53,960 Speaker 2: Some say we shouldn't be debating the treaty. That is 514 00:27:53,960 --> 00:27:56,320 Speaker 2: a very strong line coming from the lights of the party. Mardi. 515 00:27:56,520 --> 00:27:59,159 Speaker 2: Does this mean you disagree we do need the debate. 516 00:27:59,400 --> 00:28:02,040 Speaker 6: I agree entirely that we should have a debate, which 517 00:28:02,080 --> 00:28:05,320 Speaker 6: is why I've made myself available to participate in it. 518 00:28:05,640 --> 00:28:09,120 Speaker 6: What I was discomfited by was the lack of substantive 519 00:28:09,560 --> 00:28:14,359 Speaker 6: information and thought exchange. We were only getting, you know, 520 00:28:14,480 --> 00:28:18,760 Speaker 6: curated sound bite versions of one position. And so yeah, 521 00:28:19,119 --> 00:28:21,160 Speaker 6: I'm looking forward to the debate and welcome it. 522 00:28:21,520 --> 00:28:24,480 Speaker 2: What do you make of tapaty Marii's approach to this, 523 00:28:24,600 --> 00:28:28,040 Speaker 2: which has been to throw words like genocide and white 524 00:28:28,080 --> 00:28:31,440 Speaker 2: supremacists out there. What's your take on their stance. 525 00:28:33,280 --> 00:28:35,440 Speaker 6: Well, I can't speak for to party Maori, of course, 526 00:28:35,480 --> 00:28:39,479 Speaker 6: but what I do know is that the historical record 527 00:28:39,520 --> 00:28:42,520 Speaker 6: of the harm that has occurred in the Mali community 528 00:28:42,520 --> 00:28:45,280 Speaker 6: as a consequence of breaches of they to await Tonguey 529 00:28:46,240 --> 00:28:48,280 Speaker 6: are hard to overstate, and in fact that my memory 530 00:28:48,280 --> 00:28:51,200 Speaker 6: shaves me right. I believe the word genocide was originally 531 00:28:51,320 --> 00:28:54,120 Speaker 6: used by the white Tonguy tribunal connection with the harm 532 00:28:54,400 --> 00:28:57,880 Speaker 6: that resulted to the Taranaki people as a consequence of breaches. 533 00:28:58,280 --> 00:29:01,440 Speaker 6: So I understand the feeling, I understand the language, I 534 00:29:01,520 --> 00:29:08,000 Speaker 6: understand the passion, and there's no avoid at this point 535 00:29:07,680 --> 00:29:10,800 Speaker 6: in our history, though, I think the time for us 536 00:29:11,240 --> 00:29:14,120 Speaker 6: is here, is for us to exchange ideas about to 537 00:29:14,160 --> 00:29:14,720 Speaker 6: go forward. 538 00:29:14,920 --> 00:29:17,040 Speaker 2: Okay, this sounds promising. This sounds like you're going to 539 00:29:17,120 --> 00:29:23,560 Speaker 2: have a robust discussion. Do you you've seen that, You've 540 00:29:23,560 --> 00:29:26,120 Speaker 2: seen that the principles that the government has put forward, 541 00:29:26,200 --> 00:29:28,400 Speaker 2: David Siemil's put forward. You know, the government has the 542 00:29:28,400 --> 00:29:31,160 Speaker 2: power to govern, respecting the rights of Ewy and Hapoo 543 00:29:31,760 --> 00:29:34,640 Speaker 2: and being equal before the law. Is there anything wrong 544 00:29:34,680 --> 00:29:35,080 Speaker 2: with those? 545 00:29:37,600 --> 00:29:39,760 Speaker 6: Yeah? Well, okay, you don't want me to give away 546 00:29:39,760 --> 00:29:42,760 Speaker 6: the game plan for tonight, bud, but just really quickly, 547 00:29:42,880 --> 00:29:44,880 Speaker 6: the government has the right to govern and sees who 548 00:29:44,880 --> 00:29:46,760 Speaker 6: and how did they get that right? Well, that's a 549 00:29:46,840 --> 00:29:50,680 Speaker 6: rather fundamental question than will examine tonight. Secondly that the 550 00:29:50,800 --> 00:29:54,800 Speaker 6: rights that accrue to the hapu of in fact, the 551 00:29:54,840 --> 00:29:58,160 Speaker 6: bill sees that they are as outlined in the treaty, 552 00:29:58,480 --> 00:30:02,160 Speaker 6: but constrained by whatever government of the day actually concedes 553 00:30:02,240 --> 00:30:05,240 Speaker 6: that they may be. So there's a lot of logical flaws, 554 00:30:06,080 --> 00:30:08,400 Speaker 6: even on the question of equality before the law. I 555 00:30:08,520 --> 00:30:11,800 Speaker 6: look forward to pointing out tonight how how equality before 556 00:30:11,840 --> 00:30:15,480 Speaker 6: the law is a fiction today, yesterday, and probably tomorrow. 557 00:30:15,520 --> 00:30:17,640 Speaker 6: So there's a lot of logical flaws which I look 558 00:30:17,680 --> 00:30:21,200 Speaker 6: forward to surfacing. And yeah, well that's it, Helmut. 559 00:30:21,280 --> 00:30:23,480 Speaker 2: How the big one here, and you mentioned it to 560 00:30:23,520 --> 00:30:26,080 Speaker 2: start with that the governor has the right to govern. 561 00:30:26,320 --> 00:30:30,520 Speaker 2: You say, says, who when did that happen? It's it's 562 00:30:30,600 --> 00:30:35,360 Speaker 2: the fundamental question is whether Mary seated sovereignty, whether the crown, 563 00:30:35,560 --> 00:30:37,800 Speaker 2: whether the government is sovereign in New Zealand, they have 564 00:30:37,880 --> 00:30:39,840 Speaker 2: the right to make laws. You don't think they do. 565 00:30:41,040 --> 00:30:43,160 Speaker 6: You have hit the nail on the head, Ryan, and I. 566 00:30:43,120 --> 00:30:45,920 Speaker 2: Look forward to Jesus, where does that leave us? 567 00:30:47,040 --> 00:30:47,680 Speaker 11: It leaves us. 568 00:30:47,720 --> 00:30:50,040 Speaker 6: It leaves us right where we are, Ryan, right where 569 00:30:50,040 --> 00:30:55,040 Speaker 6: we are. So so the real issue isn't about the 570 00:30:54,680 --> 00:30:58,360 Speaker 6: the technicalities. The real issue has always is the substance 571 00:30:58,680 --> 00:31:01,920 Speaker 6: of our civil society. Do we actually believe in things 572 00:31:02,040 --> 00:31:05,440 Speaker 6: like truth and justice and freedoms and equality before the 573 00:31:05,480 --> 00:31:08,600 Speaker 6: life we do? Then? Cool, let's look with crystal clear 574 00:31:08,640 --> 00:31:11,360 Speaker 6: eyes and what's that got us to where we're at. 575 00:31:11,880 --> 00:31:14,440 Speaker 6: We're in a great place. This is an awesome place 576 00:31:14,560 --> 00:31:17,840 Speaker 6: with an awesome group of people and democracy call. So 577 00:31:17,960 --> 00:31:21,320 Speaker 6: let's not ignore that, but let's be truthful about what 578 00:31:21,400 --> 00:31:23,680 Speaker 6: got us here and how to go forward and the 579 00:31:23,720 --> 00:31:25,640 Speaker 6: way that Qiwei's actually wants. 580 00:31:25,720 --> 00:31:28,320 Speaker 2: That's it both, all right? Hey, Hey, saldzeg is going 581 00:31:28,360 --> 00:31:30,640 Speaker 2: to be a good debate. Look forward to watching it. Helmet, 582 00:31:30,640 --> 00:31:31,520 Speaker 2: thanks so much for your. 583 00:31:31,360 --> 00:31:35,960 Speaker 1: Time get ahead of the headlines. Ryan Bridge, you for 584 00:31:36,080 --> 00:31:39,680 Speaker 1: twenty twenty four on early edition with Smith City, New 585 00:31:39,760 --> 00:31:43,080 Speaker 1: Zealand's furniture bids and a playing store news Talks, it'd be. 586 00:31:43,120 --> 00:31:45,040 Speaker 2: Six minutes away from six year on news Talk, said 587 00:31:45,080 --> 00:31:48,160 Speaker 2: be very quickly because I promised you. The QV House 588 00:31:48,200 --> 00:31:51,960 Speaker 2: Price Index average home value for September down point four percent, 589 00:31:52,440 --> 00:31:55,200 Speaker 2: slight improvement on August, which was down point five for 590 00:31:55,280 --> 00:31:58,720 Speaker 2: September quarter, down one point six for the August quarter, 591 00:31:58,800 --> 00:32:01,000 Speaker 2: down two. So I mean they call it green shoots? 592 00:32:01,080 --> 00:32:02,880 Speaker 2: Is it green shoots or is it just less bad 593 00:32:02,920 --> 00:32:05,520 Speaker 2: than it was. I guess they're the same thing. Mike's yeah, 594 00:32:05,560 --> 00:32:06,120 Speaker 2: good morning, Mike. 595 00:32:06,200 --> 00:32:10,720 Speaker 14: I'm seeing green shoots in housing, yep, and you buy 596 00:32:11,080 --> 00:32:14,240 Speaker 14: I'm all over the place, you know me, I'm just everywhere. 597 00:32:14,320 --> 00:32:16,560 Speaker 14: But you're seeing a lot more people at open homes, 598 00:32:17,160 --> 00:32:20,080 Speaker 14: and that's been a noticeable trend you're seeing. Spring always 599 00:32:20,120 --> 00:32:22,400 Speaker 14: helps if you look at a place north of Auckland, 600 00:32:22,440 --> 00:32:25,160 Speaker 14: like Omaha at the moment, which is a beach community. 601 00:32:24,720 --> 00:32:26,040 Speaker 2: Which is obviously where you're looking at it. 602 00:32:26,160 --> 00:32:29,760 Speaker 14: No, I'm not, but it's booming. It's like the number 603 00:32:29,760 --> 00:32:31,680 Speaker 14: of listening to the number of houses coming on. So 604 00:32:31,680 --> 00:32:33,440 Speaker 14: there's a bit of a vibe about. 605 00:32:33,160 --> 00:32:36,640 Speaker 2: The place because Omaha obviously quite expensive. But if you're 606 00:32:36,640 --> 00:32:38,560 Speaker 2: going to buy anywhere, it's so close to the city 607 00:32:38,560 --> 00:32:40,880 Speaker 2: at to Aukland, isn't it. That's where you want to there? 608 00:32:40,880 --> 00:32:41,880 Speaker 14: You are you're selling it right. 609 00:32:41,960 --> 00:32:44,880 Speaker 2: Wellington not so much though, down three point two percent, 610 00:32:44,960 --> 00:32:48,760 Speaker 2: and the only one that's actually getting worse at the moment. 611 00:32:49,280 --> 00:32:52,200 Speaker 2: What do you mean getting worse backwards? Going backwards by 612 00:32:52,280 --> 00:32:54,600 Speaker 2: more than it did in the August quarter, if you 613 00:32:54,640 --> 00:32:55,120 Speaker 2: know what I mean? 614 00:32:55,480 --> 00:32:59,240 Speaker 14: What Wellington well for obvious reasons, because everyone's been fired. 615 00:32:59,520 --> 00:33:01,840 Speaker 14: Well it's all so Tory me. So you've got Tory 616 00:33:02,080 --> 00:33:04,960 Speaker 14: and there is no work, So why would you want 617 00:33:04,960 --> 00:33:06,640 Speaker 14: to buy a house? Well, mind you, that's the time. 618 00:33:06,680 --> 00:33:09,080 Speaker 14: That's how markets work, right, isn't it? As you get 619 00:33:09,120 --> 00:33:12,560 Speaker 14: in low, you make your money and get out. I mean, 620 00:33:12,600 --> 00:33:15,080 Speaker 14: do I have to tell you everything here? Goodness, Saint, 621 00:33:15,120 --> 00:33:17,040 Speaker 14: I do enjoy your life lessons in the morning. Yeah, 622 00:33:17,800 --> 00:33:21,520 Speaker 14: today head of the Navy, so he's he's I'm going 623 00:33:21,600 --> 00:33:23,080 Speaker 14: to be interested to see. I mean, what do you reckon? 624 00:33:23,120 --> 00:33:25,440 Speaker 14: The premium on third party insurance is for a big boat. 625 00:33:25,960 --> 00:33:28,640 Speaker 2: Well, I'm surprised they even had third party, to be honest. 626 00:33:28,440 --> 00:33:31,680 Speaker 14: I was astonished. I asked Judith Collins yesterday, as almost 627 00:33:31,680 --> 00:33:33,880 Speaker 14: as a joke, I said, I take it you don't 628 00:33:33,880 --> 00:33:36,400 Speaker 14: have insurance, and she will actually we do, And I thought, man, 629 00:33:36,440 --> 00:33:38,360 Speaker 14: I don't know where you get insurance from for a 630 00:33:38,440 --> 00:33:41,800 Speaker 14: for a warship. Who's underwriting that exactly? And so what 631 00:33:41,800 --> 00:33:44,200 Speaker 14: what's your premium? Anyway, So we'll talk to the head 632 00:33:44,200 --> 00:33:45,760 Speaker 14: of the Navy and find out where they are with that. 633 00:33:45,840 --> 00:33:47,680 Speaker 14: And we find out this morning it's sunk and it's 634 00:33:47,720 --> 00:33:49,200 Speaker 14: deep and you know how they're going to do it. 635 00:33:49,200 --> 00:33:50,160 Speaker 14: I mean, how big is that job? 636 00:33:50,200 --> 00:33:51,120 Speaker 2: And who are they going to hide? 637 00:33:51,200 --> 00:33:53,000 Speaker 14: The whole thing's a missed, it's a complete miss and 638 00:33:53,480 --> 00:33:55,880 Speaker 14: of course the Prime Minister being Tuesday, it's it's Prime 639 00:33:55,880 --> 00:33:56,920 Speaker 14: Ministerial Tuesday. 640 00:33:57,080 --> 00:33:58,960 Speaker 2: MICUs with the next I'll be back tomorrow. Have a 641 00:33:58,960 --> 00:34:00,120 Speaker 2: great one, everybody. 642 00:34:08,640 --> 00:34:11,279 Speaker 1: For more from News Talk st B, listen live on 643 00:34:11,360 --> 00:34:14,320 Speaker 1: air or online, and keep our shows with you wherever 644 00:34:14,400 --> 00:34:16,960 Speaker 1: you go with our podcasts on iHeartRadio.