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Speaker 1: Digging through the spin spins to find the real story.

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Speaker 1: Or it's Ryan Bridge on Heather duplessy Ellen Drive with

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Speaker 1: One New Zealand Let's get connected and news Talk sa'd be.

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Speaker 2: Good afternoon at a seven after four, News Talk said

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Speaker 2: be coming up today. The Sky News host Andrew Bolts

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Speaker 2: on their Chinese ships in Sydney, the teacher shortage coming

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Speaker 2: after a surplus was projected, what's up with that? An

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Speaker 2: update on Destiny Church and what Labour's trying to do

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Speaker 2: to them now and Darcy plus Jim Kay's on the

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Speaker 2: sports huddle.

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Speaker 3: Bryan Bridge, something.

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Speaker 2: Is not making sense. In the case of the cop

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Speaker 2: who whacked his kids with a belt. It didn't happen once,

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Speaker 2: Remember it happened three times. He hasn't been charged and

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Speaker 2: he's kept his job. Now, we told you yesterday the

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Speaker 2: cops didn't get enough evidence to charge him, right, Okay, fine,

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Speaker 2: well not fine, but it is what it is. But

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Speaker 2: then they sanction him at work. So another officer separate

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Speaker 2: to the ones that tried to charge, they look at

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Speaker 2: this from an employment point of view and they sanction him,

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Speaker 2: but they didn't fire him. Hmm. Here's the problem. If

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Speaker 2: you sanction somebody. It means that you've done something, and

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Speaker 2: in this case, it's hitting your three kids with a

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Speaker 2: webbed belt three times. So if you've hit a kid

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Speaker 2: and the cops know about it, they're saying you can

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Speaker 2: keep your job. The question then becomes, how can the

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Speaker 2: cops say that you can't hit your kids when you

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Speaker 2: know one of them has done just that and that

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Speaker 2: their colleagues all agree it happened. This is why something

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Speaker 2: doesn't add up, because surely, of all the jobs that

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Speaker 2: you'd lose for something like this, it'd be the one

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Speaker 2: that has to enforce child abuse laws. Right, is the

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Speaker 2: story overblowing? Does it sound worse on paper than it

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Speaker 2: was in real life? The officer said when he was

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Speaker 2: questioned that he had tried to discipline his kids using

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Speaker 2: other methods to stop a particular type of behavior, but

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Speaker 2: that that hadn't worked, so he resorted to the belt.

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Speaker 2: So maybe it was to stop the kids from hurting

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Speaker 2: each other or something. I don't know. We don't know.

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Speaker 2: There'll be people who say this whole story is nonsense.

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Speaker 2: We used to get the cane, or we used to

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Speaker 2: get the strap, or we used to get the belt

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Speaker 2: as kids, and we're fine, and I get that, but

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Speaker 2: like it or not, the law has changed and if

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Speaker 2: the ones enforcing it are potentially guilty of doing it,

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Speaker 2: then isn't that a bit odd?

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Speaker 3: Spray and Bridge.

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Speaker 2: We're going to speak to police after five this evening

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Speaker 2: to find out a bit more about that. Just gone

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Speaker 2: nine minutes after four. Now, some good news and some

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Speaker 2: bad news for sky TV today. The good news they

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Speaker 2: got the crackit back were who? The bad news a

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Speaker 2: net loss after tax of one point seventy five million dollars.

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Speaker 2: This is for the half year. Sophie Maloney is the

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Speaker 2: sky TV chief executive. Hi, Sophie, right, how are you

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Speaker 2: doing good? Thank you great to have you on the show.

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Speaker 2: How are you feeling about this result? Obviously not great?

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Speaker 2: And a headline number.

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Speaker 4: Yeah, Look, it's been a it's like many New Zealands,

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Speaker 4: New Zealanders and New zeal In companies, it's been a

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Speaker 4: tough half year with the ongoing impacts on the economy.

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Speaker 4: But equally, I'm really proud of the hard work of

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Speaker 4: the team. And you know, yes we've given we've slightly

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Speaker 4: brought back our guidance for the full year, but as

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Speaker 4: you can see, we're pretty close so you know that

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Speaker 4: gives us confidence, but undoubtedly we've had impacts of the

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Speaker 4: economy and also our projects to migrate satellite. So overall,

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Speaker 4: really proud of the team, but yeah, it's been tough

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Speaker 4: out there.

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Speaker 2: What's the migration issue? What is it costing you?

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Speaker 4: Look, there are a lot of costs that flow into that,

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Speaker 4: and we've communicated that there's about ten to twenty million

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Speaker 4: on the cap X front. We haven't gone into the

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Speaker 4: other op X costs at this stage, but we'll be

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Speaker 4: looking to give an update at the full year. A

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Speaker 4: lot the good news is we do have support from

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Speaker 4: Optis who provide our satellite. So overall, from an investor perspective,

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Speaker 4: we're saying it's going to stay largely cash neutral by

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Speaker 4: the end of next financial year.

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Speaker 2: You were hoping to have this done by April. I

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Speaker 2: think I saw was the last hope date. Is that

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Speaker 2: at risk?

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Speaker 4: No, the April, the early April is certainly the date

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Speaker 4: that we're all working towards to migrate sess lights and

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Speaker 4: everything is on track.

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Speaker 2: To do so, right, because it says in your report

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Speaker 2: in your release today that there is a risk around that.

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Speaker 2: What's the risk?

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Speaker 4: Oh, look, it's just ongoing. You know, we haven't given

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Speaker 4: a specific date because we're just working through all of

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Speaker 4: the testing and configuration. There's a huge amount of work

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Speaker 4: for the team to do. The good news Ryan, though,

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Speaker 4: is for our customers there's nothing more they need to

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Speaker 4: be doing at this stage because the sesslllights in the

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Speaker 4: same place as the current one, so all of their

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Speaker 4: dishes can point towards that are Yeah, but how.

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Speaker 2: Many of your customers at the moment can't actually watch

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Speaker 2: sky or can't watch a continuous sky.

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Speaker 4: Well, the good news is we've made significant improvements with

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Speaker 4: the help of OPTIS on the satellite signal, so the

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Speaker 4: issues coming into our contact center and co and the

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Speaker 4: truck rolls, but we need to do to go to

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Speaker 4: customer's home and our back below to BAU levels, which

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Speaker 4: means that the signal strength has improved. So right now,

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Speaker 4: my expectation is that the bulk of our customers are

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Speaker 4: not having any issues at all with the satellite delivery,

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Speaker 4: and of course they've all got sky Goo, which is

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Speaker 4: our complimentary app to support their sky viewing.

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Speaker 2: How did what went wrong?

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Speaker 3: Then?

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Speaker 2: I mean, if you're able to get it sorted, get

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Speaker 2: the satellite in the right position. Now, how could you

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Speaker 2: not have done that sooner?

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Speaker 4: So that's a fair question, and it certainly wasn't our

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Speaker 4: expectation nor that of OPTAs that we would have this

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Speaker 4: signal strength issues on the ground. As soon as we

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Speaker 4: became aware of it, we worked hard with Optis to

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Speaker 4: make these corrections for which are not all that straightforward.

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Speaker 4: But now that we've done that, it has had a

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Speaker 4: really great impact on the customers that we're suffering. And

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Speaker 4: you know, just in terms of these numbers, it was

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Speaker 4: up to five percent of customer that's had issues, So

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Speaker 4: that does mean that ninety five percent of that Skybox

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Speaker 4: base didn't have.

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Speaker 5: Any issues at all.

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Speaker 4: But as we've shared, we know that it's been an

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Speaker 4: issue and we don't like that for our customers. But

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Speaker 4: we're definitely on track now and the migration will happen

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Speaker 4: early April.

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Speaker 2: Does that mean compensation for five thousand customers?

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Speaker 4: Yeah, there are credits being offered to customers.

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Speaker 6: How they directly.

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Speaker 2: Impacted, How much are they getting.

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Speaker 4: It varies depending upon what services have got and what

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Speaker 4: the period of interruption. We've said in our results that

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Speaker 4: we've given our two hundred k with of credits is

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Speaker 4: at the half so you know, that's just to give

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Speaker 4: you a sense of the overall scale.

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Speaker 2: Hey, how worried are you about the technician issue? A

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Speaker 2: lot of people saying I call the technician waiting for

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Speaker 2: weeks never came.

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Speaker 4: Yeah, so look, that's we agreed a new arrangement with Downer,

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Speaker 4: who's been working incredibly hard. It was a bit of

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Speaker 4: a confluence of events for the moving to a new

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Speaker 4: provider at the same time that we suddenly had a

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Speaker 4: massive uplift in demand, you know, a sixty percent uplift

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Speaker 4: and calls into the contact center, and so that did

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Speaker 4: lead to rescheduling issues and quite frankly, we didn't communicate

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Speaker 4: as well between us and Downer and the customers. So

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Speaker 4: we have left customers frustrated, and we've certainly apologized for that.

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Speaker 4: The issues that we had have been faxed. So it

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Speaker 4: is we're on the path and we've almost we've almost

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Speaker 4: cleared the backlog. Must be so on the next few weeks.

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Speaker 2: Frustrating for you, Sophie, because it's really an optous issue,

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Speaker 2: is what you've said. I imagine you've had some stern

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Speaker 2: words with them over the last few months.

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Speaker 4: Yeah, we've certainly had some robust discussions. What I'm really

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Speaker 4: grateful for is their CEO understands what it's like to

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Speaker 4: be in a customer facing business and he and I've

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Speaker 4: been a regular dialogue and the focus is absolutely on

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Speaker 4: making sure we get through the successful migration. In April, the.

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Speaker 2: Good news, you've got the cricket it's back on Sky.

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Speaker 2: What'd you pay for it? I know you won't tell me, but.

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Speaker 4: No, but I tell you what it was, a speaking

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Speaker 4: of another good robust discussion with Scott wien At, the

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Speaker 4: chief executive of New Zealand Cricket. Yeah, look, it was

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Speaker 4: super painful losing those rights back in twenty nineteen, so

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Speaker 4: really excited to welcome them back to you know, the

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Speaker 4: black cats and white ferns back on Sky from October

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Speaker 4: next year for ours Sky customers.

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Speaker 2: Now you've got White Lotus. I've just actually rejoined Neon.

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Speaker 2: You'll be pleased to know because White Lotus is out.

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Speaker 2: Is that what you're watching too? I mean there's only

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Speaker 2: one episode, which is annoying, but it comes every week.

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Speaker 4: Yeah. I tend to wait till at least there's a

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Speaker 4: few of them and then I get it onto the watch.

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Speaker 4: I have to say I'm also looking forward to Handmaid's

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Speaker 4: Tale because I think it's actually a really important watch

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Speaker 4: and the world that we're living in now, so I

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Speaker 4: highly recommend it when it comes.

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Speaker 2: You do you get preview? Do you get to see

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Speaker 2: the shows before they come? Because you're the boss of

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Speaker 2: Sky Do.

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Speaker 5: You know what?

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Speaker 4: I probably could ask for that, but I don't because

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Speaker 4: I just loved being a consumer and enjoying us.

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Speaker 2: Quietly by myself.

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Speaker 1: I know.

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Speaker 4: Maybe I'll edit to the last once we get through

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Speaker 4: Project Migrat.

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Speaker 2: Sounds like you might have to, Sophie. Thank you. Sophie Maloney,

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Speaker 2: the Sky TVTF executive with us on their results today.

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Speaker 2: Obviously not a great result for them, but they'll be

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Speaker 2: hoping to put a lot of that stuff behind them.

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Speaker 2: Sixteen minutes after four, Ryan, I'm not surprised about the

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Speaker 2: Sky issue. My skybots hasn't worked in three weeks. I've

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Speaker 2: still been waiting for still waiting for Downers to come

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Speaker 2: and sort it out. Ryan, there was a lot of

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Speaker 2: but the good news is from your interviewee there, Mike

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Speaker 2: count was at least six. Good news is they had

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Speaker 2: to have something. I suppose given the profit result they've

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Speaker 2: announced today. Sixteen after four.

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Speaker 3: It's the Heather Duper.

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Speaker 1: See Alan Drive Full show podcast on Ihard Radio powered

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Speaker 1: my News Talks.

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Speaker 2: They'd be news talks. They had been nineteen after four.

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Speaker 2: Jason Pines here, Hey, Jason Ryan, good to see, Good

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Speaker 2: to have you in the studio, good to be here.

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Speaker 2: Now the Chiefs. What's going to happen tonight? Chiefs and

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Speaker 2: Crusaders and Hamilton.

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Speaker 7: Well, if you'd asked me a year ago, they were

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Speaker 7: Chiefs because Crusaders were terrible a year ago. But last

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Speaker 7: weekend they started the new season pretty well. Actually been

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Speaker 7: in the Hurricanes, they got a few players back. I

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Speaker 7: thought they looked pretty good. So they go up to

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Speaker 7: play a Chief side though, who in a repeat of

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Speaker 7: last year's final last weekend beat the Blues at Eden Park.

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Speaker 7: So you'd say on their home ground the Chiefs would

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Speaker 7: be favorites. But you know, I've almost feel like we

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Speaker 7: can't recall the Crusaders underdogs because they're the Crusaders. They've

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Speaker 7: been so good for so long. It's a very long

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Speaker 7: winded answer. I think the Chiefs. I think the Chiefs.

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Speaker 7: I think the Chiefs are favorite to win the game.

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Speaker 7: I think if Damian McKenzie plays well, the Chiefs will

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Speaker 7: win the game.

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Speaker 2: That young guy the Crusaders have got from Wellington who

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Speaker 2: was the scaffolder up the Capity coast, he's pretty impressive.

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Speaker 7: Kyle Preston is the man's name. Yeah, came off the

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Speaker 7: bench last week when Noah Hothan went off after seven

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Speaker 7: minutes and gets a hat trick of tries.

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Speaker 2: No player in.

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Speaker 7: Super rugby history has ever scored a hat trick on debut.

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Speaker 7: Kyle Preston has he'll start tonight because Noah Hotham's injury

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Speaker 7: will keep them out for a bit. So Yeah, from

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Speaker 7: the scaffolding and the roofing of the carpany coast to front.

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Speaker 2: And the Americans would be so miffed they didn't keep

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Speaker 2: them right.

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Speaker 7: Yeah, there's been a bit of chat about that.

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Speaker 2: I'm sure Ken the Phoenix do you well? Do we

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Speaker 2: even say this are the thing it's going to do

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Speaker 2: anything impressive? Ever?

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Speaker 8: Wow?

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Speaker 2: Obviously I don't. Look, I don't know a lot about football,

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Speaker 2: you know this. I don't know a lot about anything.

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Speaker 2: But you know, you've got this team who's been around

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Speaker 2: for donkeys years and I'm from Wellington. They never win

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Speaker 2: anything and then the along comes as team there's Johnny

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Speaker 2: Come Lately is and they win everything.

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Speaker 7: Yeah, well they're on target to win tomorrow as well.

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Speaker 7: I think anyone who didn't have any skin in the

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Speaker 7: game would say, Yoakland FC. You know, top of the

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Speaker 7: league by five points. The Phoenix has struggled this year,

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Speaker 7: but funny things happen in Derby's you know, when two

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Speaker 7: teams doesn't matter where they are on the table, who

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Speaker 7: are fierce rivals, come together. I think it'll be tighter

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Speaker 7: than a lot of people expect tomorrow, big crowded coming

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Speaker 7: twenty seven thousand. They've sold it out, which is I

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Speaker 7: mean again, just another feather on the app of this

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Speaker 7: Auckland f C organization. A nice day look the Wellingtonian

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Speaker 7: and we would love to see the Phoenix when. I

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Speaker 7: think it's good for the narrative too. But if you

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Speaker 7: hover above it, Auckland f C a firm favorite.

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Speaker 2: Jason, thank you very much. We look forward to a

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Speaker 2: very good week in big weekend of sport. Jason Pine

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Speaker 2: with US Weekend Sports scis with your midday or three

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Speaker 2: tomorrow and then of course Sunday on news Talk, said

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Speaker 2: b twenty one after.

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Speaker 1: Four, recapping the day's big news and making tomorrow's headlines.

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Speaker 1: It's Ryan Bridge on Heather du for see Ellen Drive

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Speaker 1: with One New Zealand Let's get connected news Talk sa'd be.

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Speaker 2: It is twenty four after four loads of feedback on

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Speaker 2: the issue of the police officer who is accused of

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Speaker 2: strapping his kids three times on three different occasions with

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Speaker 2: a belt. Ryan, everywhere we look that law, sorry, the

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Speaker 2: law as it stands. This is the child smacking law

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Speaker 2: that was introduced. Remember it was Helen Clark who wanted

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Speaker 2: to bring it in and there was John Key who

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Speaker 2: came in over the top and helped say the day

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Speaker 2: for her by having it passed. A smack had to

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Speaker 2: be inconsequential. That was the law that was passed at

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Speaker 2: the time that John Key got over the line. Anyway,

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Speaker 2: since that has come in, there are a lot of

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Speaker 2: people who are texting and this is from Rob who

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Speaker 2: say kids have gotten out of hand since that law

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Speaker 2: came in. In other words, they need a good smack.

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Speaker 2: And this is a legitimate point of view from people

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Speaker 2: who are texting the show today to that, I would

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Speaker 2: just say, really do you I mean, there is a line,

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Speaker 2: isn't there. I mean, if you give you a kid

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Speaker 2: a slight smack on the bum if they're going to

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Speaker 2: cross the road or they're going to put their hand

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Speaker 2: on our stove, we'll do something stupid. Is that the

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Speaker 2: end of the world. No, But if you know if

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Speaker 2: you're beating your kids with a belt and that you're

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Speaker 2: leaving a mark, that is a completely different kettle of fish,

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Speaker 2: I think. Anyway, Ryan media getting on their high horse,

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Speaker 2: are pursuing this case about the guy this is from Dino,

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Speaker 2: about the police officer who's accused of hitting his kids.

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Speaker 2: What would be worse if he lost his job and

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Speaker 2: then his family were left with no income and they

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Speaker 2: would have to do without again, come back to that point.

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Speaker 2: It depends on the severity of what happened and what

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Speaker 2: went on. And the point is we don't actually know

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Speaker 2: at this point how severe it was or what went on.

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Speaker 2: We're talking to police about that. After five twenty six minutes.

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Speaker 3: After four ran Bridge.

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Speaker 2: So mortgage rates. We talked about this yesterday. Do you fix,

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Speaker 2: do you float? Do you go for six months? What

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Speaker 2: are you going to do? Keywi Bank this afternoon has

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Speaker 2: just cut some of their shorter term mortgage rates. We

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Speaker 2: had most of the floatings change after the OCR announcement.

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Speaker 2: Of course, so their six month fixed rate, they've dropped

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Speaker 2: that twenty basis points, gone from five nine to nine

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Speaker 2: down to five seven nine. Their big cut was for

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Speaker 2: their one year fixed rate that is down thirty six

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Speaker 2: basis points to five point nine. Now it's the same

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Speaker 2: as their two year rate. I just don't think it's well,

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Speaker 2: it's not. I mean, it's not as good as A

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Speaker 2: and Z. It's two year rate at four point nine

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Speaker 2: nine years does that. But there you go. Most of

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Speaker 2: the other banks are actually aims. It is way out

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Speaker 2: ahead four point nine to nine for the most of

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Speaker 2: the others in terms of their two year rots are

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Speaker 2: floating around five point one nine ish News Talk ZIBB.

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Speaker 2: We're gonna get to Dan Mitchison in the US after

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Speaker 2: the news. He's got the details on that meeting between

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Speaker 2: the US and Zelensky.

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Speaker 1: Informed inside into today's issues. It's Ryan Bridge on hither

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Speaker 1: duper c Allen Drive with one New Zealand let's get

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Speaker 1: connected news Talk zib.

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Speaker 2: Because good afternoon, twenty five minutes away from five year

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Speaker 2: on news Talk zib after five o'clock, we're gonna look

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Speaker 2: at this issue from the well. The PPTA is upset,

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Speaker 2: but I mean that's nothing new that the PPTAs always upset.

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Speaker 2: They're in a constant state of depression. But they're particularly

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Speaker 2: agitated today because the Ministry of Education has come out

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Speaker 2: and said for the next two years, we're going to

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Speaker 2: have a shortage, potentially have a shortage of a thousand,

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Speaker 2: more than a thousand teachers in New Zealand. And it's

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Speaker 2: this report that they do every second year. Last time

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Speaker 2: they did the report, they said we'd have a surplus

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Speaker 2: of teachers. So how do you go from having a

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Speaker 2: surplus of teachers to a significant shortage of more than

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Speaker 2: a thousand. Well, the PPGA reckons they've got the answer.

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Speaker 2: I don't think they do have the answer. We'll talk

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Speaker 2: to them after five here on News Talks VB.

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Speaker 1: It's the World Wires on News Talks Drive.

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Speaker 2: The Americans have met with Zelenski and we don't know

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Speaker 2: what they talked about, but the American envoy involved canceled

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Speaker 2: the press conference, so we potentially never will. Trump's teams

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Speaker 2: say the President is grumpy about Ukraine refusing to hand

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Speaker 2: over all those minerals.

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Speaker 9: We talk that Trump is obviously very frustrated right now

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Speaker 9: with President Zelenski.

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Speaker 1: The fact that.

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Speaker 8: He hasn't come to the table, that he hasn't been

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Speaker 8: willing to take this opportunity that we have offered.

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Speaker 2: Fifty percent of their two trillion dot twelve trillion dollars

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Speaker 2: worth of minerals. Israel has said that Hamas has failed

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Speaker 2: to return the remains of four hostages as the group

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Speaker 2: promised to do. They did get four bodies, but according

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Speaker 2: to DNA testing, one of the bodies didn't belong to

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Speaker 2: any of the hostages. This expert reckons the next exchange

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Speaker 2: will still go ahead anyway.

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Speaker 10: This seems to have been a mistake. It's unclear what

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Speaker 10: Hamas would get out of intentionally switching out the bodies.

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Speaker 10: So hopefully that narrative will behold the bit that this

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Speaker 10: was possibly a mistake.

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Speaker 2: Hopefully, and finally this afternoon, these boots on.

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Speaker 3: A bucket, and that's just what they're.

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Speaker 6: One of.

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Speaker 3: These these foods are gonna log over.

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Speaker 2: The Federal Court of Justice in Germany has ruled that

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Speaker 2: birkenstocks cannot be considered works of art. The famous sandal

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Speaker 2: manufacturer tried to claim that its products are copyrighted works

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Speaker 2: of art that cannot legally be imitated. By competitors because

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Speaker 2: everyone is doing them now, right, and some of them cheaper,

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Speaker 2: a lot of them cheaper. The court says, the sandals

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Speaker 2: are not up.

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Speaker 3: There, just footwear.

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Speaker 1: International Correspondence with Ends and Eye Insurance Peace of Mind

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Speaker 1: for New Zealand Business.

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Speaker 2: Dan Mitchison's a US correspondent, Dan Good afternoon. Hey, good afternoon.

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Speaker 2: So this first meeting between the USM boy and Zelensky,

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Speaker 2: what do we know anything of what went on?

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Speaker 3: No, not much.

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Speaker 9: I mean, they're trying to strike this deal and as

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Speaker 9: you just mentioned in the World wires there, I mean

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Speaker 9: a lot of this has to do with all the minerals,

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Speaker 9: the deposits of lethium and titanium and gas and coal

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Speaker 9: and oil and uranium that's worth billions of dollars over there,

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Speaker 9: and the US is suggesting that we have access to

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Speaker 9: these and that could be an exchange in return for

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Speaker 9: the aid or even as compensation for the support that

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Speaker 9: the US has already provided. We didn't hear President or

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Speaker 9: former President Joe Biden talked much about this, but this

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Speaker 9: has been a big sticking point for President Trump. And

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Speaker 9: you know, now there's reports that the US is refusing

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Speaker 9: to recognize a un resolution this was also developing today

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Speaker 9: that labels Russia as the aggressor in this. So no

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Speaker 9: matter I think who's saying what, If you dig deep

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Speaker 9: enough into this, it seems like everyone is taking a

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Speaker 9: step backwards when it comes trying to resolve this situation.

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Speaker 2: It becomes far more simple to understand, though, doesn't it

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Speaker 2: when you now that we know that there are minerals

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Speaker 2: and the offer of a deal over minerals on the table.

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Speaker 2: And this will explain why Trump is lashing out at

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Speaker 2: Zelensky for saying no, thanks to your deal of fifty

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Speaker 2: percent of the trillion dollars worth of minerals.

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Speaker 9: Right right, And you know, just a lot of the comments,

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Speaker 9: I mean, he's just pushing them back and back and

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Speaker 9: back at this point right now, so that they should

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Speaker 9: have resolved this three years ago, and putting a lot

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Speaker 9: of the blame on on Zelensky and Ukraine as opposed

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Speaker 9: to Russia, and.

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Speaker 2: Putin Americans worried about flying. According to a new pup.

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Speaker 9: They are they are confidence in air travel, and not

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Speaker 9: just that. I think the federal agencies that are supposed

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Speaker 9: to maintain our air safety here is just kind of

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Speaker 9: slipping a little bit We've had a number of crashes,

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Speaker 9: obviously here in Washington. That was the big one a

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Speaker 9: little over a week ago. Most people are still saying

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Speaker 9: that air transportation's generally safe, but we're seeing the number

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Speaker 9: of adults down to about maybe sixty four percent of people.

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Speaker 9: Last year it was seventy one percent, and over half

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Speaker 9: of adults here in the US are saying that. You know,

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Speaker 9: we only have kind of a moderate amount of confidence

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Speaker 9: in the federal government to make sure that air safety

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Speaker 9: is maintained here, especially when you look at all the

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Speaker 9: cuts that President Trump is looking at with the FAA.

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Speaker 2: Hey, Amazon's taking control of the James Bond franchise. What

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Speaker 2: does that actually mean?

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Speaker 9: Boy, I don't know how fast Aunt and Laura can

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Speaker 9: press the mute button before. I have a few expletives

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Speaker 9: to say about this, but I'm just kidding about that.

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Speaker 9: But I'll tell you everybody here is just blowing up

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Speaker 9: on this. It means that basically they are going to

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Speaker 9: water down the product. They paid a billion dollars for

439
00:21:27,160 --> 00:21:31,720
Speaker 9: the rights to control the narrative of the James Bond franchise.

440
00:21:31,760 --> 00:21:34,399
Speaker 9: You had Michael G. Wilson and Barbara Brockley, who are

441
00:21:34,400 --> 00:21:37,640
Speaker 9: handing over the control to MGM Studios, and I mean

442
00:21:37,640 --> 00:21:40,040
Speaker 9: this is huge. I mean they're forming a joint venture

443
00:21:40,440 --> 00:21:43,439
Speaker 9: to house the intellectual property over here, but Amazon's going

444
00:21:43,480 --> 00:21:46,000
Speaker 9: to have the creative control. And we know what happened

445
00:21:46,040 --> 00:21:49,280
Speaker 9: to say, the Star Wars franchise when George Lucas sold

446
00:21:49,280 --> 00:21:52,239
Speaker 9: it to Disney for four billion. And we're looking at

447
00:21:52,240 --> 00:21:54,800
Speaker 9: a whole new Bond universe and spin off right here.

448
00:21:54,840 --> 00:21:57,560
Speaker 9: And it's been three years since the last movie. Here

449
00:21:57,800 --> 00:22:01,600
Speaker 9: this this franchise has grow seven billion since nineteen sixty two,

450
00:22:01,640 --> 00:22:03,119
Speaker 9: So you're not going to leave that kind of money

451
00:22:03,119 --> 00:22:05,720
Speaker 9: on the table. I think this is a very bad,

452
00:22:06,359 --> 00:22:08,919
Speaker 9: very bad deal for Bond fans. Amazon is a volume

453
00:22:09,000 --> 00:22:11,199
Speaker 9: driven company, and I think we're going to see a

454
00:22:11,200 --> 00:22:12,080
Speaker 9: water down product.

455
00:22:12,440 --> 00:22:14,359
Speaker 2: That would be a shame, wouldn't it?

456
00:22:14,359 --> 00:22:14,760
Speaker 3: It would?

457
00:22:14,920 --> 00:22:16,919
Speaker 2: How much did you say it was worth seven billion

458
00:22:16,920 --> 00:22:20,320
Speaker 2: dollars since it starts, since its inception that they've gross.

459
00:22:20,200 --> 00:22:23,080
Speaker 9: Yes, well, yep, since the very first movie with Sean

460
00:22:23,119 --> 00:22:23,920
Speaker 9: Connery Doctor No.

461
00:22:24,080 --> 00:22:25,959
Speaker 3: Seven billion dollars. Yeah.

462
00:22:26,040 --> 00:22:28,280
Speaker 2: Interesting. Hey, thanks Dan, good to have you on as always.

463
00:22:28,320 --> 00:22:31,000
Speaker 2: Dan Manchison with US a US correspondent. Time has just

464
00:22:31,040 --> 00:22:33,080
Speaker 2: gone eighteen minutes away. From five. I would have thought

465
00:22:33,080 --> 00:22:36,920
Speaker 2: that they would pay more than one billion dollars for

466
00:22:37,040 --> 00:22:39,560
Speaker 2: James Bond, the rights to James Bond. That gives you

467
00:22:39,600 --> 00:22:42,320
Speaker 2: the right to make any James Bond movie you want

468
00:22:42,320 --> 00:22:44,679
Speaker 2: to in the future, and also any spin off that

469
00:22:44,720 --> 00:22:47,760
Speaker 2: you want to in the future. That's a very very lucrative,

470
00:22:48,119 --> 00:22:51,440
Speaker 2: potentially a very very lucrative thing to do. I would

471
00:22:51,480 --> 00:22:54,360
Speaker 2: have pay more than a billion anyway, eighteen minutes away

472
00:22:54,400 --> 00:22:56,720
Speaker 2: from five News Talk said been Barry Soper is here

473
00:22:56,800 --> 00:22:59,200
Speaker 2: next to wrapping the day in politics.

474
00:22:58,640 --> 00:23:02,360
Speaker 1: Politics with centric credit, check your customers and get payment certainty.

475
00:23:03,200 --> 00:23:05,960
Speaker 2: Whose talks have just gone quarter to five? Very soaper

476
00:23:06,000 --> 00:23:09,080
Speaker 2: is here, our senior political correspondent. Very good afternoon, Good.

477
00:23:08,920 --> 00:23:11,960
Speaker 8: Afternoon, Ryan. We were chatting away not realizing the time

478
00:23:12,119 --> 00:23:12,679
Speaker 8: was sticking on.

479
00:23:12,840 --> 00:23:14,080
Speaker 2: Well, I did you didn't know?

480
00:23:15,680 --> 00:23:16,160
Speaker 8: That's true.

481
00:23:16,240 --> 00:23:19,560
Speaker 2: The formal request has been made to have Destiny Church's

482
00:23:19,640 --> 00:23:22,719
Speaker 2: tax free charity status removed. Now, who's doing this?

483
00:23:22,800 --> 00:23:26,719
Speaker 8: It's not the first time it's been done. But uh,

484
00:23:27,520 --> 00:23:30,800
Speaker 8: the man that we all know, Phil Dwyford. Wasn't he

485
00:23:30,880 --> 00:23:32,119
Speaker 8: known for Key we build it?

486
00:23:32,400 --> 00:23:34,359
Speaker 2: Honestly, it's kill Twyfords still there.

487
00:23:34,840 --> 00:23:37,840
Speaker 8: Yes, it's incredible, isn't it really popping up from time

488
00:23:37,880 --> 00:23:38,840
Speaker 8: to time in Parliament?

489
00:23:38,840 --> 00:23:40,960
Speaker 2: You look, but you look at the footage of Parliament

490
00:23:41,000 --> 00:23:42,480
Speaker 2: you think, is this old footage?

491
00:23:45,080 --> 00:23:48,280
Speaker 8: Yes, well he's the tATu MP of course. And it

492
00:23:48,400 --> 00:23:53,920
Speaker 8: was in the library there that Destiny Church were disgraceful.

493
00:23:53,960 --> 00:23:58,879
Speaker 8: They behaved so badly and kids were intimidated. And you know,

494
00:23:59,560 --> 00:24:03,359
Speaker 8: even the the status of Destiny in terms of the

495
00:24:03,359 --> 00:24:06,480
Speaker 8: patches that they wear on their backs now is being questioned.

496
00:24:07,040 --> 00:24:12,080
Speaker 8: They're saying should they be designated as again because they

497
00:24:12,240 --> 00:24:16,199
Speaker 8: ride motorbikes on mass they have these big patches on

498
00:24:16,240 --> 00:24:20,199
Speaker 8: their back and you know there might be an application

499
00:24:20,440 --> 00:24:23,840
Speaker 8: to get them on that list as well. But certainly

500
00:24:23,880 --> 00:24:28,360
Speaker 8: a formal application has now been lodged with the Charities Commission.

501
00:24:28,440 --> 00:24:32,280
Speaker 8: I think it's called to have their tax free status

502
00:24:32,320 --> 00:24:34,159
Speaker 8: as a charity removed.

503
00:24:34,640 --> 00:24:34,960
Speaker 3: Now.

504
00:24:36,280 --> 00:24:40,320
Speaker 8: That would be a major move because there is dare

505
00:24:40,359 --> 00:24:43,240
Speaker 8: i say, good work that is being done by the

506
00:24:43,320 --> 00:24:49,679
Speaker 8: Destiny Church in terms of rehabilitating people, and they have

507
00:24:49,840 --> 00:24:53,040
Speaker 8: done quite a lot of good work. But it's the case,

508
00:24:53,119 --> 00:24:56,600
Speaker 8: isn't it with many charities that you look at You

509
00:24:56,640 --> 00:24:59,199
Speaker 8: look at them and you go, why should they be

510
00:24:59,280 --> 00:24:59,919
Speaker 8: getting tax f.

511
00:25:01,200 --> 00:25:04,640
Speaker 2: So I know it's a hard one certainly feels having

512
00:25:04,680 --> 00:25:07,359
Speaker 2: a go, having a crack the Chinese warships. Now I

513
00:25:07,400 --> 00:25:09,959
Speaker 2: look at those Chinese warships and I think, yeah, this

514
00:25:10,040 --> 00:25:12,240
Speaker 2: is what this is what navies do. You know? They

515
00:25:13,000 --> 00:25:15,960
Speaker 2: drive their boats around or sail their boats around, and

516
00:25:16,000 --> 00:25:18,159
Speaker 2: we did it to them. And remember last year and

517
00:25:18,200 --> 00:25:24,640
Speaker 2: September we sailed through the Taiwan straight alongside Australia threatening.

518
00:25:24,800 --> 00:25:27,159
Speaker 2: We're not very threatening, but it's for them it's a

519
00:25:27,280 --> 00:25:30,760
Speaker 2: very sensitive area. So you know, are they just it's

520
00:25:30,800 --> 00:25:31,919
Speaker 2: just tip for tatic.

521
00:25:31,720 --> 00:25:36,680
Speaker 8: Well, it's I guess it's the the nature of the

522
00:25:36,720 --> 00:25:39,359
Speaker 8: three boats that are actually sailing in this part of

523
00:25:39,400 --> 00:25:44,240
Speaker 8: the world's one of them is a fairly new warship

524
00:25:44,680 --> 00:25:48,399
Speaker 8: and it's capable of so much. It's really, I guess

525
00:25:48,400 --> 00:25:51,600
Speaker 8: the Chinese showing their force. And when you look at

526
00:25:51,960 --> 00:25:55,120
Speaker 8: all the talk about Orcus, I think that's probably got

527
00:25:55,119 --> 00:25:57,240
Speaker 8: a lot to do with it. But you'd think the

528
00:25:57,320 --> 00:26:00,560
Speaker 8: Chinese would know if they are seen to be threatening,

529
00:26:01,160 --> 00:26:04,840
Speaker 8: then it would force us maybe to look more kindly.

530
00:26:05,359 --> 00:26:07,480
Speaker 8: You would think at Ucust, which is seen by some

531
00:26:07,560 --> 00:26:12,159
Speaker 8: circles as being anti Chinese, so surely that wouldn't be

532
00:26:12,200 --> 00:26:16,760
Speaker 8: the reason. But you'd think it's like gunboat diplomas of

533
00:26:16,800 --> 00:26:20,480
Speaker 8: the old days, that you'd think that maybe it's a

534
00:26:20,480 --> 00:26:24,399
Speaker 8: bit like Mark Brown and the Cocanans. Let your partners know.

535
00:26:25,119 --> 00:26:29,080
Speaker 8: Maybe you'd think the Chinese should have informed both Australia

536
00:26:29,440 --> 00:26:33,040
Speaker 8: and New Zealand that they were sending this flotilla down

537
00:26:33,119 --> 00:26:35,000
Speaker 8: this way. They're off the coast of Sydney at the

538
00:26:35,000 --> 00:26:37,760
Speaker 8: moment and there's nothing to say they won't come down

539
00:26:37,800 --> 00:26:40,760
Speaker 8: to this part of the world. Judith Collins, the Defense Minister,

540
00:26:40,880 --> 00:26:44,399
Speaker 8: she says there's nothing by law stopping them, within the

541
00:26:44,480 --> 00:26:48,720
Speaker 8: law to do it. But they've never sent any boats

542
00:26:48,840 --> 00:26:52,800
Speaker 8: of the seriousness of these boats to this part of

543
00:26:52,840 --> 00:26:57,560
Speaker 8: the world before, and I guess that's what is upsetting

544
00:26:58,080 --> 00:27:02,000
Speaker 8: both Australia and certain New Zealand. Winston Peters is going

545
00:27:02,040 --> 00:27:05,200
Speaker 8: to be in China next week talking to his counterpart,

546
00:27:05,280 --> 00:27:08,359
Speaker 8: the Foreign Minister in China, so maybe he'll raise it

547
00:27:08,400 --> 00:27:09,879
Speaker 8: and bang his fist on the table.

548
00:27:10,160 --> 00:27:16,720
Speaker 2: Some one said yesterday were they trying to find the cooks?

549
00:27:16,920 --> 00:27:20,040
Speaker 8: The prospect of fifteen thousand people in the cock Island?

550
00:27:20,960 --> 00:27:23,560
Speaker 2: The David Seymour, So this is Jenny Shipley on the

551
00:27:23,600 --> 00:27:26,639
Speaker 2: Treaty Principal's bill and the process of submitting. She calls

552
00:27:26,720 --> 00:27:28,720
Speaker 2: David Semura a used car salesman.

553
00:27:28,840 --> 00:27:33,040
Speaker 8: Yes, very unkind, I thought. But look, Jenny was being

554
00:27:33,080 --> 00:27:37,760
Speaker 8: her imperious self, and it was interesting watching her before

555
00:27:37,760 --> 00:27:41,159
Speaker 8: that Select Committee because she had no notes. She just

556
00:27:41,200 --> 00:27:45,840
Speaker 8: spoke off the cuff and actually gave quite a good speech,

557
00:27:46,320 --> 00:27:50,800
Speaker 8: but totally opposed the bill and saying that, you know,

558
00:27:50,840 --> 00:27:56,879
Speaker 8: the treaty is something that we should be treasury. She said, basically,

559
00:27:57,240 --> 00:28:01,840
Speaker 8: you know, she had a disdain or this sort of

560
00:28:01,920 --> 00:28:05,800
Speaker 8: legislation to even come before the House. But in terms

561
00:28:05,800 --> 00:28:09,439
Speaker 8: of the used car salesman, here's the context of the

562
00:28:09,520 --> 00:28:11,160
Speaker 8: comments made by Jenny Shipley.

563
00:28:11,520 --> 00:28:14,400
Speaker 11: I think that the promise of the treaty was profound

564
00:28:14,920 --> 00:28:18,680
Speaker 11: and it doesn't need some secondhand car salesman to try

565
00:28:18,720 --> 00:28:22,399
Speaker 11: and divert us into some notion that, frankly is not

566
00:28:22,560 --> 00:28:25,280
Speaker 11: worthy of the promise of the treaty. And I don't

567
00:28:25,320 --> 00:28:29,600
Speaker 11: say that reference in person to the promoter, but rather

568
00:28:30,200 --> 00:28:34,800
Speaker 11: how I view trivializing the importance and the intensity of

569
00:28:34,840 --> 00:28:38,239
Speaker 11: this relationship. This bill, to me, pushes us back and

570
00:28:38,360 --> 00:28:43,240
Speaker 11: uses abstract language like universal humanity be careful of the

571
00:28:43,280 --> 00:28:47,120
Speaker 11: mischief of people who use these phrases because usually it

572
00:28:47,280 --> 00:28:49,160
Speaker 11: excludes culture and diversity.

573
00:28:49,600 --> 00:28:52,080
Speaker 8: Yeah, well, like I Overseeebo has come back with quite

574
00:28:52,080 --> 00:28:54,840
Speaker 8: a good point being called to use car salesman. He said, look,

575
00:28:55,320 --> 00:28:59,000
Speaker 8: a lot of us buy use cars and a lot

576
00:28:59,040 --> 00:29:02,440
Speaker 8: of us drive you cars. So is she insulting the

577
00:29:02,560 --> 00:29:06,400
Speaker 8: used car fraternity by saying what she said? I mean,

578
00:29:06,440 --> 00:29:08,200
Speaker 8: I think he took it on the light that it

579
00:29:08,520 --> 00:29:09,920
Speaker 8: maybe should have been taken in.

580
00:29:10,080 --> 00:29:12,360
Speaker 2: So she sounded a bit posh.

581
00:29:13,440 --> 00:29:16,480
Speaker 8: Geny's always been very embarrassed. You know where she was born.

582
00:29:17,200 --> 00:29:21,480
Speaker 8: She was born in the nursing home, and Gore we

583
00:29:21,600 --> 00:29:25,440
Speaker 8: both shared the nursing home. Jenny and I. We were

584
00:29:25,600 --> 00:29:29,680
Speaker 8: in the next personet to each other, believe that time,

585
00:29:29,960 --> 00:29:34,080
Speaker 8: same year, same within days of each other, and mothers

586
00:29:34,400 --> 00:29:37,239
Speaker 8: shared the nursing home. I read I should have been

587
00:29:37,240 --> 00:29:40,480
Speaker 8: the prime minister. She should have been the political.

588
00:29:39,960 --> 00:29:44,120
Speaker 2: Commentation because can you imagine her commentating on politics? Profound?

589
00:29:46,200 --> 00:29:47,560
Speaker 8: That's what comes out of Gore.

590
00:29:47,760 --> 00:29:54,040
Speaker 2: Ryan, We wouldn't stomach that. Thank you, Mary, cheers nine

591
00:29:54,080 --> 00:29:54,440
Speaker 2: to five.

592
00:29:55,320 --> 00:29:59,720
Speaker 1: Putting the tough questions to the newspeakers, the mic asking breakfast.

593
00:29:59,400 --> 00:30:01,560
Speaker 12: The troubles in New Zealand have been having played out

594
00:30:01,560 --> 00:30:03,720
Speaker 12: in number four yesterday as a half years old got

595
00:30:03,760 --> 00:30:05,760
Speaker 12: release profits down eighteen percent to one hundred and six

596
00:30:05,800 --> 00:30:08,320
Speaker 12: million in New Zealand' chief executive greeg four and isbek

597
00:30:08,360 --> 00:30:11,200
Speaker 12: with us. What's your biggest problem the engines or the

598
00:30:11,240 --> 00:30:12,720
Speaker 12: new planes you aren't getting.

599
00:30:12,600 --> 00:30:15,800
Speaker 13: Primarily, I would say the engines first up. We're heading

600
00:30:15,840 --> 00:30:18,400
Speaker 13: into a period mic where we're going to have eleven

601
00:30:18,640 --> 00:30:21,320
Speaker 13: of our aircraft une AVOITHBA. That's going to be about

602
00:30:21,360 --> 00:30:24,880
Speaker 13: seven thousand seats a day. We have to cover that

603
00:30:25,000 --> 00:30:29,080
Speaker 13: by bringing in leased aircraft because we just cannot get

604
00:30:29,200 --> 00:30:31,600
Speaker 13: enough engines out of rolls Royce and Cratt.

605
00:30:31,360 --> 00:30:34,400
Speaker 12: And witness back Monday from six am the Mike Hosking

606
00:30:34,440 --> 00:30:37,320
Speaker 12: Breakfast with the Rain drove of the last Newstalk ZB.

607
00:30:38,600 --> 00:30:41,160
Speaker 2: Five to five on News Talk zb SO Genesis. They've

608
00:30:41,160 --> 00:30:43,920
Speaker 2: announced their results today. This is majority government know and

609
00:30:43,960 --> 00:30:46,440
Speaker 2: they operate Huntley. By the way, net profit for the

610
00:30:46,440 --> 00:30:50,520
Speaker 2: first half was up eighty three percent to seventy million

611
00:30:51,080 --> 00:30:53,600
Speaker 2: earnings per year, up from three and a half to

612
00:30:53,840 --> 00:30:56,920
Speaker 2: six and a half. They took a big hit from

613
00:30:57,000 --> 00:30:59,320
Speaker 2: gas during the year, so remember that you might have

614
00:30:59,320 --> 00:31:01,240
Speaker 2: remembered the deal the they did with Method X. They're

615
00:31:01,240 --> 00:31:04,720
Speaker 2: the ones that produced the methanol, and they were sitting there.

616
00:31:05,480 --> 00:31:09,080
Speaker 2: Factory was sitting idle, so they took up the spare capacity. Anyway,

617
00:31:09,080 --> 00:31:11,160
Speaker 2: it cost them sixty nine million dollars to do that

618
00:31:11,200 --> 00:31:13,120
Speaker 2: at higher rates, so they took a hit from gas

619
00:31:13,200 --> 00:31:15,600
Speaker 2: during the year. They're going to need more coal they

620
00:31:15,600 --> 00:31:19,400
Speaker 2: reckoned for Huntley. They weren't hit interestingly by the higher

621
00:31:19,440 --> 00:31:23,160
Speaker 2: wholesale rates like some of their competitors were, because they

622
00:31:23,200 --> 00:31:25,640
Speaker 2: managed to cover all of the demands, so everybody who

623
00:31:25,640 --> 00:31:28,200
Speaker 2: wanted power from Genesis got it from them from their

624
00:31:28,240 --> 00:31:30,400
Speaker 2: own generation. They didn't actually need to go to the

625
00:31:30,400 --> 00:31:33,760
Speaker 2: wholesale rates, so unlike the competition, they didn't really feel

626
00:31:33,760 --> 00:31:36,280
Speaker 2: the crunch, which is why I guess they've come out

627
00:31:36,320 --> 00:31:39,360
Speaker 2: with seventy million dollars up eighty three percent for the year.

628
00:31:39,480 --> 00:31:41,320
Speaker 2: We're going to talk to the CEO.

629
00:31:41,600 --> 00:31:44,320
Speaker 3: After six, Bryan Bridge.

630
00:31:44,360 --> 00:31:46,800
Speaker 2: It's gone four minutes two five now and coming up

631
00:31:46,840 --> 00:31:49,600
Speaker 2: after five. We'll do more on these ships off the

632
00:31:49,600 --> 00:31:52,040
Speaker 2: coast of Sydney, of the Chinese Navy ships. I think

633
00:31:52,040 --> 00:31:54,000
Speaker 2: the story is a little bit over blown. I don't

634
00:31:54,000 --> 00:31:56,240
Speaker 2: think it's that big of a deal. But there is

635
00:31:56,280 --> 00:31:59,160
Speaker 2: a man in Australia who thinks it is. His name

636
00:31:59,240 --> 00:32:02,720
Speaker 2: is Andrew Bolt. His Sky News host hosts the Bolt Report.

637
00:32:02,880 --> 00:32:04,840
Speaker 2: You might have seen that if you watch Sky News.

638
00:32:04,960 --> 00:32:08,080
Speaker 2: He is quite exercised about this. So we'll ask him

639
00:32:08,120 --> 00:32:11,280
Speaker 2: why he thinks it's such a big deal. Obviously they

640
00:32:11,280 --> 00:32:14,960
Speaker 2: have huge capabilities these three navy vessels. No denying that,

641
00:32:15,320 --> 00:32:16,720
Speaker 2: but you look at some of the things that we

642
00:32:16,840 --> 00:32:19,880
Speaker 2: have done. I mean it's international waters, you are allowed

643
00:32:19,920 --> 00:32:21,320
Speaker 2: to do it. But look at some of the places

644
00:32:21,320 --> 00:32:25,120
Speaker 2: that we have been and the Australian Navy has been

645
00:32:25,640 --> 00:32:28,640
Speaker 2: last year in the last year, including the Taiwan Strait.

646
00:32:28,680 --> 00:32:31,800
Speaker 2: We haven't been there since twenty seventeen, very sensitive place

647
00:32:31,880 --> 00:32:35,160
Speaker 2: for China. So we'll talk to Andrew Bolt about all

648
00:32:35,200 --> 00:32:36,400
Speaker 2: of these issues after the.

649
00:32:36,360 --> 00:33:22,760
Speaker 1: News, questions, answers, facts, analysis, the drive show you trust

650
00:33:22,880 --> 00:33:26,160
Speaker 1: for the full picture. Brian Bridge on Heather Duplicy allan

651
00:33:26,280 --> 00:33:30,000
Speaker 1: drive with one New Zealand let's get connected news talks.

652
00:33:30,040 --> 00:33:32,520
Speaker 2: That'd be good evening at a seven after five we

653
00:33:32,600 --> 00:33:35,040
Speaker 2: are watching that's the message from the New Zealand and

654
00:33:35,080 --> 00:33:39,000
Speaker 2: Australian Defense Forces. Three Chinese Navy ships sailing off the

655
00:33:39,000 --> 00:33:43,120
Speaker 2: coast of Sydney. One quite a formidable warship. Defense Minister

656
00:33:43,280 --> 00:33:45,440
Speaker 2: Judith Collins told me last night we didn't know they

657
00:33:45,480 --> 00:33:45,960
Speaker 2: were coming.

658
00:33:46,400 --> 00:33:50,240
Speaker 14: It's an unusual move, certainly. I've been told that it's

659
00:33:50,280 --> 00:33:53,560
Speaker 14: the first time that we've had this sort of capability

660
00:33:53,720 --> 00:33:59,440
Speaker 14: from the PLA in our waters. One's an anti submarine,

661
00:34:00,040 --> 00:34:04,240
Speaker 14: could engage an anti submarine warfare, self guided missile destroyer,

662
00:34:04,640 --> 00:34:07,920
Speaker 14: able to carry a launch's surface to air missiles. Really

663
00:34:08,000 --> 00:34:11,560
Speaker 14: quite stunning pieces of equipment, and we've never seen them

664
00:34:11,560 --> 00:34:12,480
Speaker 14: in this area before.

665
00:34:12,760 --> 00:34:15,440
Speaker 2: Sky News host Andrew Bolt from the Bolt Report is

666
00:34:15,480 --> 00:34:19,000
Speaker 2: with me. Good evening, Good evening, How are you good?

667
00:34:19,000 --> 00:34:21,920
Speaker 2: Thanks Andrew, A big deal on your side of the Tessman.

668
00:34:21,960 --> 00:34:22,879
Speaker 2: What are they making of it?

669
00:34:23,880 --> 00:34:26,799
Speaker 15: Oh, well, they're doing the same sort of sounds you know,

670
00:34:26,880 --> 00:34:33,040
Speaker 15: we're watching. We're watching entirely unusual. The government is leaving

671
00:34:33,080 --> 00:34:35,880
Speaker 15: it at that, trying to sound sort of optimistic and

672
00:34:37,600 --> 00:34:42,640
Speaker 15: non confrontational, while our opposition is a little bit more

673
00:34:42,680 --> 00:34:45,399
Speaker 15: alarm sounding, a bit more like due to comments really

674
00:34:46,360 --> 00:34:49,560
Speaker 15: that we all really should call this out. It's more

675
00:34:49,760 --> 00:34:52,520
Speaker 15: like intimidation, a little bit of a threat. But then

676
00:34:52,560 --> 00:34:54,480
Speaker 15: I was thinking, well, at least we've got our friends

677
00:34:54,480 --> 00:34:57,560
Speaker 15: in New Zealand. They can send some navy ships to

678
00:34:57,600 --> 00:35:01,400
Speaker 15: help us confront us. Now sorry, good, yeah, we've got

679
00:35:01,400 --> 00:35:01,919
Speaker 15: many left.

680
00:35:02,040 --> 00:35:07,360
Speaker 2: We like to turn our ships into submarines actually, But

681
00:35:07,520 --> 00:35:08,200
Speaker 2: I was thinking.

682
00:35:09,120 --> 00:35:11,759
Speaker 15: The face minits to say, we can only want you know,

683
00:35:11,840 --> 00:35:14,080
Speaker 15: we'll be watching. What else are you going to be

684
00:35:14,080 --> 00:35:14,759
Speaker 15: able to do it?

685
00:35:14,960 --> 00:35:17,280
Speaker 2: Exactly? And we're watching from the shore.

686
00:35:18,320 --> 00:35:18,560
Speaker 16: Hey.

687
00:35:19,160 --> 00:35:20,920
Speaker 15: It's a bit alarming though, because I mean it is

688
00:35:20,960 --> 00:35:24,280
Speaker 15: a obvious a projection of power. They were these ships

689
00:35:24,320 --> 00:35:28,239
Speaker 15: were off our north coast before and now they're one

690
00:35:28,320 --> 00:35:32,359
Speaker 15: hundred Well they're in our economic zone exclusive economic zone.

691
00:35:32,360 --> 00:35:36,040
Speaker 15: They're still legal. But you've got to wonder what that is.

692
00:35:36,080 --> 00:35:39,040
Speaker 15: And I think it is a either intimidation or b

693
00:35:39,680 --> 00:35:41,440
Speaker 15: an attempt to try to catch us out in some

694
00:35:41,480 --> 00:35:44,760
Speaker 15: sort of hypocrisy, as if you know, if we complain

695
00:35:44,920 --> 00:35:46,799
Speaker 15: had this and you shouldn't be there even though they've

696
00:35:46,840 --> 00:35:49,640
Speaker 15: got the freedom of navigation in that kind of area,

697
00:35:49,680 --> 00:35:52,640
Speaker 15: that will say, well, look, we say the same about

698
00:35:52,680 --> 00:35:55,400
Speaker 15: you and the South China Sea. You might recall that

699
00:35:56,160 --> 00:35:58,440
Speaker 15: I don't know whether you heard about it, but a

700
00:35:58,480 --> 00:36:03,560
Speaker 15: week or so ago we had Chinese jets. A force

701
00:36:03,680 --> 00:36:08,440
Speaker 15: jets jump dump flares in front of the sand Savannah's

702
00:36:08,719 --> 00:36:12,440
Speaker 15: plane in international waters in South China Sea, which is

703
00:36:12,520 --> 00:36:15,680
Speaker 15: hardly dangerous, could have brought it down. Second time they've

704
00:36:15,719 --> 00:36:18,640
Speaker 15: done it in the year. So you know there's real

705
00:36:18,680 --> 00:36:20,080
Speaker 15: projection of power going on here.

706
00:36:20,120 --> 00:36:22,400
Speaker 2: Yeah, there is. We have to leave it there, Andrew,

707
00:36:22,400 --> 00:36:24,640
Speaker 2: thank you for the analysis. Andrew Bolt, their Sky news

708
00:36:24,680 --> 00:36:27,520
Speaker 2: host from the Bolt Report in Australia, does a great

709
00:36:27,600 --> 00:36:30,880
Speaker 2: job also. We I mean not that we're being provocative,

710
00:36:30,920 --> 00:36:34,600
Speaker 2: but we did, alongside Australia sail through the Taiwan straight

711
00:36:35,040 --> 00:36:37,320
Speaker 2: for the first time in about five or six years

712
00:36:37,400 --> 00:36:40,279
Speaker 2: last year, so I wonder whether they got an eye

713
00:36:40,360 --> 00:36:42,800
Speaker 2: on us down here A little bit more, a little closer.

714
00:36:42,880 --> 00:36:45,480
Speaker 3: Ten after five Brian Bridge.

715
00:36:45,040 --> 00:36:47,280
Speaker 2: As we talked about on yesterday's show, a senior police

716
00:36:47,280 --> 00:36:49,880
Speaker 2: officer has managed to keep his job despite a finding

717
00:36:49,920 --> 00:36:52,239
Speaker 2: by the IPCA that he hit his children with a

718
00:36:52,280 --> 00:36:56,040
Speaker 2: belt on three separate occasions. Police never laid any charges

719
00:36:56,080 --> 00:36:58,239
Speaker 2: over the incident due to a lack of evidence, but

720
00:36:58,320 --> 00:37:01,600
Speaker 2: the Auckland University law professor Kenahan told us yesterday that

721
00:37:01,640 --> 00:37:04,240
Speaker 2: it seems like there was some evidence.

722
00:37:04,320 --> 00:37:06,880
Speaker 17: I mean, obviously Orange Tamaarriky got evidence from the children

723
00:37:06,920 --> 00:37:09,160
Speaker 17: talking to them. They said it happened, So I don't

724
00:37:09,200 --> 00:37:11,359
Speaker 17: see why they couldn't use that. I mean, even though

725
00:37:11,360 --> 00:37:14,479
Speaker 17: it's it's secondhand to some degree, the children did say

726
00:37:14,760 --> 00:37:17,279
Speaker 17: to ring a tack. That's why the ringer, Tamrick knew

727
00:37:17,280 --> 00:37:19,000
Speaker 17: about him and still thought the children were safe.

728
00:37:19,160 --> 00:37:24,279
Speaker 2: Mike Johnson's the police assistant commissioner High Mike Ryan. Why

729
00:37:24,360 --> 00:37:25,120
Speaker 2: wasn't he charged?

730
00:37:26,840 --> 00:37:27,040
Speaker 5: Oh?

731
00:37:28,680 --> 00:37:32,040
Speaker 18: If I could just say, I mean opening police don't

732
00:37:32,040 --> 00:37:36,440
Speaker 18: ever condone police star or anyone else poticlarly disciplining children.

733
00:37:36,640 --> 00:37:40,040
Speaker 18: It amounts to a criminal offense and it's unacceptable. Obviously,

734
00:37:40,600 --> 00:37:48,040
Speaker 18: if there is admittible evidence, least will them prosecute. In

735
00:37:48,200 --> 00:37:54,800
Speaker 18: this case, the evidence that was available to police wasn't

736
00:37:54,840 --> 00:38:00,200
Speaker 18: able to be induced in court. There that I'm I

737
00:38:00,239 --> 00:38:02,759
Speaker 18: heard your intro with your law professor, and just to

738
00:38:02,800 --> 00:38:06,759
Speaker 18: make a comment on that, we had legal opinions in

739
00:38:06,800 --> 00:38:11,520
Speaker 18: this matter that advise a senior panel who decide on

740
00:38:11,560 --> 00:38:15,640
Speaker 18: whether police are charged or not, that this evidence was

741
00:38:16,560 --> 00:38:20,279
Speaker 18: inadmissible in this case due to the circumstances of it.

742
00:38:20,440 --> 00:38:23,760
Speaker 2: Okay, understand that are you happy to have a colleague

743
00:38:23,920 --> 00:38:26,680
Speaker 2: in the force whose kids said that they got hit

744
00:38:26,840 --> 00:38:28,000
Speaker 2: three times with a belt.

745
00:38:30,160 --> 00:38:33,600
Speaker 18: So what I would say to that, Ryan, is I

746
00:38:33,760 --> 00:38:37,239
Speaker 18: expect an extreme as to does the commissioner and the

747
00:38:37,320 --> 00:38:40,960
Speaker 18: other police expect a very high standard from our officers?

748
00:38:41,280 --> 00:38:42,600
Speaker 3: Is that high in this case?

749
00:38:42,760 --> 00:38:46,759
Speaker 18: That's sorry, in this case, that standard has not been there.

750
00:38:47,120 --> 00:38:51,600
Speaker 18: This matter was then when we received that legal advice,

751
00:38:52,239 --> 00:38:56,560
Speaker 18: was then moved into the employment space, and there has

752
00:38:56,640 --> 00:39:00,279
Speaker 18: been a sanction in the employment space. And that's as

753
00:39:00,360 --> 00:39:05,440
Speaker 18: with any other employer. I can't go into the details

754
00:39:05,760 --> 00:39:09,040
Speaker 18: of the specific details of that. So you are answer

755
00:39:09,080 --> 00:39:09,239
Speaker 18: to you.

756
00:39:10,320 --> 00:39:13,040
Speaker 2: You obviously think he did do it, otherwise there be

757
00:39:13,120 --> 00:39:16,120
Speaker 2: no sanctions. So I guess the question then becomes you

758
00:39:16,160 --> 00:39:18,840
Speaker 2: started this interview by saying that it is never acceptable

759
00:39:18,880 --> 00:39:20,799
Speaker 2: and never okay to hit your kids, and yet you've

760
00:39:20,800 --> 00:39:23,120
Speaker 2: got a police officer who you believe has had as kids.

761
00:39:25,600 --> 00:39:31,160
Speaker 18: Well, there is admissible evidences that challenge is this or

762
00:39:31,200 --> 00:39:36,400
Speaker 18: a criminal charges and the legal opinion did not support that,

763
00:39:37,719 --> 00:39:40,120
Speaker 18: and that ever said, it went to a senior panel

764
00:39:40,160 --> 00:39:48,239
Speaker 18: for aview. The employment investigation by and decision maker was

765
00:39:48,320 --> 00:39:54,080
Speaker 18: an independent from that district and was of a senior

766
00:39:54,160 --> 00:39:58,960
Speaker 18: level also, and the decision maker came to the decision

767
00:39:59,160 --> 00:40:03,600
Speaker 18: around the level ends of the sanction imply.

768
00:40:04,160 --> 00:40:09,080
Speaker 2: So a senior group of police officers decided that something

769
00:40:09,200 --> 00:40:14,480
Speaker 2: happened because he was sanctioned, but not enough. Hatching three

770
00:40:14,520 --> 00:40:17,680
Speaker 2: times with the belt not enough to warrant losing your job.

771
00:40:19,600 --> 00:40:20,520
Speaker 3: But the senior.

772
00:40:20,280 --> 00:40:23,400
Speaker 18: Panel roight, just to be clear, relates to the criminal

773
00:40:24,320 --> 00:40:28,160
Speaker 18: the ability of the availability of evidence, and where we

774
00:40:28,239 --> 00:40:31,279
Speaker 18: got to in relation to the criminal matter. It was

775
00:40:31,360 --> 00:40:34,920
Speaker 18: then passed to another officer, a decision maker, and an

776
00:40:34,960 --> 00:40:39,879
Speaker 18: employment investigation, which is where we ended up in this.

777
00:40:39,920 --> 00:40:43,399
Speaker 2: Matter, right, And they determined that the smacking your kids

778
00:40:43,480 --> 00:40:44,480
Speaker 2: wasn't enough to get fired.

779
00:40:46,360 --> 00:40:50,040
Speaker 18: They determined that outcome in this case. I'm limited to

780
00:40:50,080 --> 00:40:52,120
Speaker 18: what I can say in an employment space.

781
00:40:52,200 --> 00:40:56,359
Speaker 2: Ryan, in this manner, okay, fair enough, I guess you know.

782
00:40:56,600 --> 00:40:58,080
Speaker 2: Come back to your comment at the start of this

783
00:40:58,120 --> 00:41:00,799
Speaker 2: interview that it's never okay to do, and yet he

784
00:41:00,960 --> 00:41:03,880
Speaker 2: is remaining as a police officer. Is there more to

785
00:41:03,920 --> 00:41:06,160
Speaker 2: the story that we're not aware of? Was it a

786
00:41:06,239 --> 00:41:08,799
Speaker 2: light tap? Were the kids about to run on the road?

787
00:41:08,840 --> 00:41:11,759
Speaker 2: I mean, whether they're mitigating circumstances or something that you

788
00:41:11,800 --> 00:41:14,200
Speaker 2: can let the public in on so that they might

789
00:41:14,440 --> 00:41:18,879
Speaker 2: better understand the reasoning here.

790
00:41:19,400 --> 00:41:22,640
Speaker 18: What I can say in this matter is this was

791
00:41:22,800 --> 00:41:28,040
Speaker 18: carefully considered. What I slut stand by my statement at

792
00:41:28,080 --> 00:41:33,560
Speaker 18: the opening of our discussion, Ryan, and the.

793
00:41:35,600 --> 00:41:36,080
Speaker 5: Outcome.

794
00:41:36,280 --> 00:41:41,520
Speaker 18: I suppose in that inflinent space the decision makers felt

795
00:41:41,560 --> 00:41:44,720
Speaker 18: was appropriate in the set of circumstances, and we weren't

796
00:41:44,760 --> 00:41:48,120
Speaker 18: able to bring charges in the criminal arena.

797
00:41:48,520 --> 00:41:50,319
Speaker 2: One of the reasons that you weren't able to do

798
00:41:50,360 --> 00:41:54,719
Speaker 2: that is because the police officer in question prevented his children,

799
00:41:55,440 --> 00:41:57,879
Speaker 2: didn't give them permission to give you evidence to give

800
00:41:57,880 --> 00:42:00,680
Speaker 2: a statement, and he wouldn't speak either. So I guess

801
00:42:00,680 --> 00:42:03,000
Speaker 2: in that case you've got no evidence. Right. How do

802
00:42:03,080 --> 00:42:06,000
Speaker 2: you get around that situation in the future? Do you

803
00:42:06,080 --> 00:42:08,200
Speaker 2: need more powers to compel or something.

804
00:42:10,120 --> 00:42:15,839
Speaker 18: We need to think about some of those options in

805
00:42:15,880 --> 00:42:19,920
Speaker 18: and around those not just for officers. This is the

806
00:42:19,960 --> 00:42:25,439
Speaker 18: same evidential rules and law applies to police officers as

807
00:42:25,560 --> 00:42:28,080
Speaker 18: much as it does to any other member of the public.

808
00:42:29,120 --> 00:42:34,560
Speaker 18: The officer acted within is right, and therefore we can't.

809
00:42:34,640 --> 00:42:37,719
Speaker 18: We don't have the right to compel anyone to be interviewed.

810
00:42:38,520 --> 00:42:44,520
Speaker 18: And then there's some complexity around children also.

811
00:42:43,000 --> 00:42:45,640
Speaker 2: As in the parents decide on their behalf.

812
00:42:47,400 --> 00:42:51,200
Speaker 3: Someone. Yes, okay, all right, Mike.

813
00:42:51,040 --> 00:42:51,640
Speaker 2: Thank very much.

814
00:42:51,880 --> 00:42:54,920
Speaker 18: This is can I just round out Ryan? Thank you

815
00:42:55,000 --> 00:42:58,120
Speaker 18: very much for your time. Look, this is difficult for us.

816
00:42:59,360 --> 00:43:04,640
Speaker 18: Is ant stable and if we have reached an evidential threshold,

817
00:43:05,080 --> 00:43:06,680
Speaker 18: we would have acted in a different way.

818
00:43:07,200 --> 00:43:09,280
Speaker 2: All right, Mike, I appreciate your time. That's Mike Johnson.

819
00:43:09,320 --> 00:43:12,080
Speaker 2: He's the Assistant commissioner at Police. Time is sixteen minutes

820
00:43:12,120 --> 00:43:14,960
Speaker 2: after five. Coming up next, Why your child? If you're

821
00:43:15,000 --> 00:43:18,479
Speaker 2: sending a kid to school this year, your principles were

822
00:43:18,520 --> 00:43:21,480
Speaker 2: expecting a surplus of teachers. Why all of a sudden,

823
00:43:21,640 --> 00:43:23,880
Speaker 2: we've now got a deficit. We're now looking at a

824
00:43:23,920 --> 00:43:27,040
Speaker 2: shortage of twelve hundred and fifty. The PPTA is obviously

825
00:43:27,080 --> 00:43:29,440
Speaker 2: not happy. They're with us live next. It is nineteen

826
00:43:29,480 --> 00:43:31,279
Speaker 2: alf to five on news Talks. There'd be great to

827
00:43:31,320 --> 00:43:33,239
Speaker 2: have your company this evening, So let's go to our

828
00:43:33,320 --> 00:43:36,400
Speaker 2: education show. Were more troubling data from the education sector.

829
00:43:36,520 --> 00:43:39,600
Speaker 2: So the ministry now projecting that schools will be short.

830
00:43:40,400 --> 00:43:43,000
Speaker 2: This is a midpoint of their projections. But twelve hundred

831
00:43:43,000 --> 00:43:45,480
Speaker 2: and fifty teachers short between twenty twenty five and twenty

832
00:43:45,480 --> 00:43:48,880
Speaker 2: twenty seven's quite a dramatic change, with the last report

833
00:43:48,920 --> 00:43:52,120
Speaker 2: in twenty twenty three projecting a surplus. Chris Abercrombie is

834
00:43:52,120 --> 00:43:55,000
Speaker 2: the president of the Post Primary Teachers Association. Chris, good

835
00:43:55,000 --> 00:43:58,359
Speaker 2: evening to you. Good good, thank you. So we've got

836
00:43:58,360 --> 00:44:01,799
Speaker 2: more immigration coming up where we've got teachers who are

837
00:44:02,080 --> 00:44:05,319
Speaker 2: leaving or we've got attrition going on, so we've got

838
00:44:05,320 --> 00:44:07,000
Speaker 2: a shortage. Is that surprising?

839
00:44:08,040 --> 00:44:10,040
Speaker 5: No, it's not surprised, and it's something we've been saying

840
00:44:10,080 --> 00:44:12,520
Speaker 5: for a long time and we got pushed back from

841
00:44:12,520 --> 00:44:14,360
Speaker 5: the ministry because they said their data didn't show this,

842
00:44:14,560 --> 00:44:17,160
Speaker 5: and it turns out their data was wrong. So I'm

843
00:44:17,160 --> 00:44:19,000
Speaker 5: glad that we're all finally on the same page about

844
00:44:19,000 --> 00:44:19,640
Speaker 5: this issue.

845
00:44:19,680 --> 00:44:22,280
Speaker 2: We had so many kids coming in with their parents

846
00:44:22,360 --> 00:44:25,719
Speaker 2: is as migrants during those booming post COVID years. That's

847
00:44:25,920 --> 00:44:27,240
Speaker 2: kind of led to this, right.

848
00:44:28,160 --> 00:44:30,920
Speaker 5: There's been significant great in that and from that migrant

849
00:44:30,960 --> 00:44:33,879
Speaker 5: group all across the board. It's just not a an

850
00:44:33,880 --> 00:44:36,839
Speaker 5: Aukland issue. And nearly every school a visit they'll talk

851
00:44:36,880 --> 00:44:40,239
Speaker 5: about an increase in ESO English as second language students.

852
00:44:40,640 --> 00:44:43,920
Speaker 2: Does that make life hard teach life harder for teachers?

853
00:44:45,840 --> 00:44:49,120
Speaker 5: In a way? Yes, because more supports needed for those students.

854
00:44:49,120 --> 00:44:51,640
Speaker 5: But these are some great students who are doing amazing things,

855
00:44:51,680 --> 00:44:54,400
Speaker 5: but it does take more to upskill them in our system.

856
00:44:54,680 --> 00:44:57,160
Speaker 2: Hey, Chris, you know what else this report says. It

857
00:44:57,239 --> 00:44:59,880
Speaker 2: says that the other issue we've got is increased classro

858
00:45:00,040 --> 00:45:02,759
Speaker 2: and release time for teachers. Why don't teachers just stay

859
00:45:02,800 --> 00:45:03,280
Speaker 2: in class?

860
00:45:04,360 --> 00:45:06,400
Speaker 5: Well, one of the key things that was negotiated in

861
00:45:06,440 --> 00:45:09,239
Speaker 5: the last collecting rounds was about release time for partial care.

862
00:45:09,320 --> 00:45:12,400
Speaker 5: For scendary perspective, and because we know that our students

863
00:45:12,400 --> 00:45:15,240
Speaker 5: are coming with more complex needs and schools are increasingly

864
00:45:15,320 --> 00:45:17,640
Speaker 5: being asked to support them, and so we need to

865
00:45:17,680 --> 00:45:20,640
Speaker 5: take time to do that so we can actually focus

866
00:45:20,680 --> 00:45:22,279
Speaker 5: on the teaching and learning. So we need to give

867
00:45:22,320 --> 00:45:24,400
Speaker 5: time to those people to help those young people.

868
00:45:24,760 --> 00:45:26,440
Speaker 2: So what is that you take time out of the

869
00:45:26,520 --> 00:45:29,359
Speaker 2: class to help one or two students. Is that what

870
00:45:29,440 --> 00:45:29,759
Speaker 2: you mean?

871
00:45:30,320 --> 00:45:33,920
Speaker 5: Effectively, it says they're called partial care allounce So deans

872
00:45:33,960 --> 00:45:37,240
Speaker 5: for instance, may have more time to support young people

873
00:45:37,280 --> 00:45:40,680
Speaker 5: with more complex needs, senior leaders, et cetera could have

874
00:45:40,760 --> 00:45:43,719
Speaker 5: more time to support them. So those teachers, unfortunately won't

875
00:45:43,760 --> 00:45:45,359
Speaker 5: be in the class because they're having to support these

876
00:45:45,400 --> 00:45:45,920
Speaker 5: young people.

877
00:45:46,080 --> 00:45:48,000
Speaker 2: Chris, thank you very much for your time. Chris abercombi

878
00:45:48,040 --> 00:45:51,360
Speaker 2: PPTA president. Sounds like a bit of a recipe for disaster,

879
00:45:51,400 --> 00:45:53,520
Speaker 2: doesn't it. Twenty two minutes after five on News Talks,

880
00:45:53,560 --> 00:45:55,680
Speaker 2: abot what I think? What I really think about those

881
00:45:55,760 --> 00:45:56,360
Speaker 2: Chinese ships?

882
00:45:56,360 --> 00:46:00,040
Speaker 1: Next on the iHeart app and in your car you

883
00:46:00,239 --> 00:46:04,040
Speaker 1: drive home, it's Ryan Bridge on Heather Duplicy Alan Drive

884
00:46:04,360 --> 00:46:08,040
Speaker 1: with one New Zealand let's get connected news talk sa'd

885
00:46:08,080 --> 00:46:09,520
Speaker 1: be five four.

886
00:46:09,680 --> 00:46:12,360
Speaker 2: This business about the Chinese ships off the coast of Sydney.

887
00:46:12,360 --> 00:46:15,200
Speaker 2: We had Judith Collins on the show yesterday about it. Yes,

888
00:46:15,480 --> 00:46:19,160
Speaker 2: they are highly capable and equipped vessels. Yes they are

889
00:46:19,200 --> 00:46:22,000
Speaker 2: off the coast of Sydney. Yes they didn't tell us

890
00:46:22,000 --> 00:46:24,480
Speaker 2: they were going to be there. But they are in

891
00:46:24,560 --> 00:46:28,600
Speaker 2: international waters. The US and our allies often travel coast

892
00:46:28,600 --> 00:46:30,879
Speaker 2: to China and it's contested islands in the South China

893
00:46:30,920 --> 00:46:34,120
Speaker 2: Sea and elsewhere. We can't exactly kick up a big

894
00:46:34,160 --> 00:46:36,640
Speaker 2: stink when they do the same down here right. In fact,

895
00:46:36,960 --> 00:46:39,839
Speaker 2: you could even say we've been provoking them with such

896
00:46:39,880 --> 00:46:43,520
Speaker 2: a move. We had the hmnzs altered sailing through the

897
00:46:43,560 --> 00:46:48,520
Speaker 2: Taiwan straight alongside the Australian vessel Sydney back in September.

898
00:46:49,000 --> 00:46:53,440
Speaker 2: These are highly contested waters, very sensitive for the Chinese.

899
00:46:54,680 --> 00:46:56,200
Speaker 2: This is all just I think, a bit of a

900
00:46:56,200 --> 00:46:58,960
Speaker 2: tip for tat. It's look at my ship. I can

901
00:46:59,000 --> 00:47:01,760
Speaker 2: sail where I lie. I used to live in China,

902
00:47:02,560 --> 00:47:05,719
Speaker 2: in Beijing of all places, and people often ask me,

903
00:47:05,840 --> 00:47:08,280
Speaker 2: what do you think it is that they want the Chinese?

904
00:47:08,920 --> 00:47:13,080
Speaker 2: Why are they using checkbooks to buy countries off, Why

905
00:47:13,120 --> 00:47:17,960
Speaker 2: are they trying to revive this old Silk Road trade route,

906
00:47:18,120 --> 00:47:21,560
Speaker 2: Why are they trying to dominate economically with huge subsidies,

907
00:47:21,719 --> 00:47:24,520
Speaker 2: huge investment for these Chinese firms all around the world.

908
00:47:24,920 --> 00:47:27,719
Speaker 2: And the answer, at least from what I gleaned when

909
00:47:27,719 --> 00:47:32,400
Speaker 2: I was there, is respect. They want to be respected.

910
00:47:33,239 --> 00:47:38,360
Speaker 2: They felt humiliated after the war. They have not forgiven

911
00:47:38,400 --> 00:47:41,120
Speaker 2: the Japanese for the way that they were treated. There's

912
00:47:41,200 --> 00:47:44,640
Speaker 2: a lot of anti Japanese sentiment in China and they

913
00:47:44,640 --> 00:47:49,080
Speaker 2: will never let themselves be weak again. So every time

914
00:47:49,120 --> 00:47:52,040
Speaker 2: I hear about a ship, every time I hear about

915
00:47:52,040 --> 00:47:56,719
Speaker 2: another infrastructure project, I think, yeah, that's China out for

916
00:47:56,800 --> 00:48:01,200
Speaker 2: respect and bread rich six minutes after five and it's

917
00:48:01,239 --> 00:48:03,319
Speaker 2: great to have you with me. Lots of texts on

918
00:48:03,360 --> 00:48:08,040
Speaker 2: the police and the issue of potential child abuse, also

919
00:48:08,239 --> 00:48:11,759
Speaker 2: students and teachers and the shortage that we're about to

920
00:48:11,760 --> 00:48:14,960
Speaker 2: face in the next couple of years. Ryan, teachers didn't

921
00:48:15,000 --> 00:48:17,160
Speaker 2: want extra time out of the class. That was a

922
00:48:17,200 --> 00:48:20,320
Speaker 2: weird negotiation from the union. And that's coming from a teacher.

923
00:48:21,040 --> 00:48:23,080
Speaker 2: Twenty seven after five nour News is next.

924
00:48:30,120 --> 00:48:32,000
Speaker 3: We needed a stile.

925
00:48:35,960 --> 00:48:37,600
Speaker 12: Just up a were a woman I love.

926
00:48:40,200 --> 00:48:42,200
Speaker 3: We needed a stickle.

927
00:48:41,880 --> 00:48:48,080
Speaker 1: On getting the facts discarding the fluff. It's Ryan Bridge

928
00:48:48,120 --> 00:48:51,560
Speaker 1: on hither dup see Ellen Drive with one New Zealand

929
00:48:51,840 --> 00:48:53,720
Speaker 1: let's get connected news talks.

930
00:48:53,760 --> 00:48:54,120
Speaker 3: That'd be.

931
00:49:05,719 --> 00:49:08,520
Speaker 2: Good evening twenty five minutes away from six year on

932
00:49:08,560 --> 00:49:13,520
Speaker 2: news Talk ZEBB. Speaking of Abra Cadabra, how did Genesis

933
00:49:13,600 --> 00:49:17,680
Speaker 2: Energy just Abra Cadabra a seventy million dollar profit that's

934
00:49:17,760 --> 00:49:21,080
Speaker 2: up eighty more than eighty percent on the same six

935
00:49:21,120 --> 00:49:23,080
Speaker 2: month period from the year before. We're going to ask

936
00:49:23,120 --> 00:49:25,000
Speaker 2: them after six o'clock this evening they're on the show.

937
00:49:25,280 --> 00:49:27,359
Speaker 2: They also took a hit from gas to the tune

938
00:49:27,360 --> 00:49:29,520
Speaker 2: of sixty nine million dollars, so we'll talk to them

939
00:49:29,520 --> 00:49:30,560
Speaker 2: about that as well.

940
00:49:30,640 --> 00:49:32,880
Speaker 19: It is I'll tell you what Ryan Sieguang from a

941
00:49:32,920 --> 00:49:36,200
Speaker 19: Lady Gaga song to a serious business story that is superb. Mate,

942
00:49:36,280 --> 00:49:37,160
Speaker 19: very well done on that one.

943
00:49:37,200 --> 00:49:39,440
Speaker 2: Well, thank you. I'm nice to see you paying attention.

944
00:49:39,520 --> 00:49:40,880
Speaker 2: There ends twenty four.

945
00:49:40,719 --> 00:49:42,640
Speaker 3: Away from six, Ryan Bridge.

946
00:49:43,160 --> 00:49:45,960
Speaker 2: Right, we're going to the right. I know what we're doing.

947
00:49:45,960 --> 00:49:49,839
Speaker 2: Now you've you've made me blush ants heaven't you? Sorry?

948
00:49:50,160 --> 00:49:51,279
Speaker 19: Should I start with the sting again?

949
00:49:51,280 --> 00:49:51,440
Speaker 6: How?

950
00:49:52,120 --> 00:49:52,880
Speaker 3: Ryan Bridge?

951
00:49:53,200 --> 00:49:56,880
Speaker 2: Thank you? Tiatstar. MP Phil Twyford is calling for Destiny

952
00:49:56,960 --> 00:50:00,520
Speaker 2: Church to be struck off the charities register. The at

953
00:50:00,520 --> 00:50:05,080
Speaker 2: fild Trips pended the letter to the charities regulator alleging

954
00:50:05,239 --> 00:50:08,879
Speaker 2: wrongdoing over the library protests. He's suggesting they should lose

955
00:50:08,920 --> 00:50:12,640
Speaker 2: their tax deductibility status. Dr Michael Goomet is an independent

956
00:50:12,719 --> 00:50:15,600
Speaker 2: researcher specializing in charities and he's with me this evening.

957
00:50:15,680 --> 00:50:17,799
Speaker 6: Hi Michael, good evening, Ryan.

958
00:50:18,239 --> 00:50:20,120
Speaker 2: So what do you have to do to get struck off?

959
00:50:21,480 --> 00:50:24,319
Speaker 6: Well this is back up a week second. Just so

960
00:50:24,480 --> 00:50:26,640
Speaker 6: happens that I also wrote a letter to the press

961
00:50:26,719 --> 00:50:29,320
Speaker 6: yesterday which they haven't published. I hope they've published it tomorrow.

962
00:50:29,680 --> 00:50:32,520
Speaker 6: And this is what I said. I don't need charities

963
00:50:32,560 --> 00:50:35,239
Speaker 6: like these bullies on our charities register, as they taint

964
00:50:35,239 --> 00:50:39,160
Speaker 6: the sector with their Unchristian behavior. So that's the first thing.

965
00:50:39,160 --> 00:50:41,440
Speaker 6: What are we dealing with here? What exactly does still

966
00:50:41,480 --> 00:50:44,040
Speaker 6: mean when he says as a Destiny church? So can

967
00:50:44,080 --> 00:50:45,960
Speaker 6: I just give you all readers a little bit of

968
00:50:45,960 --> 00:50:49,359
Speaker 6: background to this, because there's more than one Destiny Church

969
00:50:49,440 --> 00:50:51,840
Speaker 6: in New Zealand. In fact, there's twenty five on the register.

970
00:50:52,640 --> 00:50:56,040
Speaker 6: Here's the thing. So far, six of those churches have

971
00:50:56,120 --> 00:50:59,560
Speaker 6: been deregistered already because they hadn't filed there in the returns,

972
00:51:00,040 --> 00:51:05,080
Speaker 6: and that's what happened. Another seven, heaven had got themselves

973
00:51:05,120 --> 00:51:07,640
Speaker 6: removed from the register. Resume it because I don't want

974
00:51:07,640 --> 00:51:12,000
Speaker 6: the public scrutinizing their financial statements. So we've got fourteen

975
00:51:12,120 --> 00:51:14,640
Speaker 6: entities there that have already been removed from the register.

976
00:51:15,239 --> 00:51:18,640
Speaker 6: So it leaves you eleven entities behind the one. Fel says,

977
00:51:18,719 --> 00:51:21,839
Speaker 6: let's be register the church, the Destiny Church. What are

978
00:51:21,840 --> 00:51:24,200
Speaker 6: we looking at here? That there has been reference to

979
00:51:24,239 --> 00:51:26,879
Speaker 6: the New Zealand Trust, which hasn't filed any financial since

980
00:51:26,920 --> 00:51:29,200
Speaker 6: twenty twenty two. We let's have a look at the

981
00:51:29,200 --> 00:51:32,760
Speaker 6: New Zealand Trust. What does its indeed say? It says

982
00:51:32,800 --> 00:51:36,200
Speaker 6: that their function is to accept guidance and support on

983
00:51:36,400 --> 00:51:40,400
Speaker 6: Destiny International Trust as a networking body of Destiny Church.

984
00:51:40,960 --> 00:51:45,400
Speaker 6: It's the Destiny International Trust. Yes, what that got deregistered

985
00:51:45,400 --> 00:51:48,480
Speaker 6: in twenty twenty two, So you know, what have we

986
00:51:48,560 --> 00:51:49,640
Speaker 6: got left to do? Register?

987
00:51:49,800 --> 00:51:51,480
Speaker 2: I guess the question that people want to know from

988
00:51:51,520 --> 00:51:54,279
Speaker 2: you is what do you have? So you don't file

989
00:51:54,320 --> 00:51:57,359
Speaker 2: a return, you can be deregistered. You don't include enough

990
00:51:57,400 --> 00:52:00,160
Speaker 2: detail in the return, you can be deregistered. Can can

991
00:52:00,160 --> 00:52:02,280
Speaker 2: you be deregistered for being a thug?

992
00:52:03,920 --> 00:52:03,960
Speaker 8: Not?

993
00:52:04,239 --> 00:52:07,160
Speaker 6: As such? What you going to prove a serious wrongdoing?

994
00:52:07,200 --> 00:52:10,600
Speaker 6: And that's specific. And there's an excellent interview with Lisa

995
00:52:10,680 --> 00:52:13,440
Speaker 6: on Ray in his Zealandess Afternoon with filth And the

996
00:52:13,520 --> 00:52:15,719
Speaker 6: issue that we're all aware of is this concept of

997
00:52:15,840 --> 00:52:16,800
Speaker 6: serious wrongdoing.

998
00:52:17,280 --> 00:52:19,560
Speaker 3: Now I know for my own exp does it mean?

999
00:52:19,840 --> 00:52:22,040
Speaker 2: What does it mean that coming to?

1000
00:52:22,600 --> 00:52:25,960
Speaker 6: That's what I'm coming The concept of serious wrongdoing is

1001
00:52:26,160 --> 00:52:28,239
Speaker 6: very very hard to prove. I know that from my

1002
00:52:28,280 --> 00:52:32,760
Speaker 6: own experience dealing with badies. But any right thinking person

1003
00:52:32,880 --> 00:52:36,040
Speaker 6: can see that what Destiny is up to as well,

1004
00:52:36,080 --> 00:52:38,080
Speaker 6: beyond the pale and the way that they.

1005
00:52:39,440 --> 00:52:42,520
Speaker 2: But wrongdoing is that financial wrongdoing that they're talking about?

1006
00:52:43,400 --> 00:52:45,720
Speaker 6: Well, that's one of the issues, but there's no evidence

1007
00:52:45,760 --> 00:52:48,120
Speaker 6: of that at this state. What we're talking about is

1008
00:52:48,200 --> 00:52:50,839
Speaker 6: just fears wrongdoing in the sense that these people are

1009
00:52:50,880 --> 00:52:52,879
Speaker 6: behaving and that sounds good.

1010
00:52:53,160 --> 00:52:55,839
Speaker 2: She washing. Michael. That's the problem because if the law

1011
00:52:55,920 --> 00:52:59,960
Speaker 2: says it's serious wrongdoing and it's referring to financial man

1012
00:53:00,320 --> 00:53:02,959
Speaker 2: then that is one issue. But if the law says

1013
00:53:03,000 --> 00:53:05,040
Speaker 2: you can't just do register of charity because you think

1014
00:53:05,040 --> 00:53:08,120
Speaker 2: they're a thug, then you might run into some problems. Michael,

1015
00:53:08,120 --> 00:53:10,120
Speaker 2: I appreciate you coming on the program. Thank you very

1016
00:53:10,200 --> 00:53:12,560
Speaker 2: much for doing so. That's doctor Michael Goomeh who's the

1017
00:53:12,560 --> 00:53:15,720
Speaker 2: independent Research of specializing in charities. The time is twenty

1018
00:53:15,719 --> 00:53:16,560
Speaker 2: one minutes away.

1019
00:53:16,360 --> 00:53:20,360
Speaker 1: From six the Friday sports Huddle with New Zealand Southeby's

1020
00:53:20,480 --> 00:53:24,080
Speaker 1: International Realty, local and global exposure like no other.

1021
00:53:29,960 --> 00:53:31,800
Speaker 15: I want it's approved because I knew you've done it,

1022
00:53:31,840 --> 00:53:33,319
Speaker 15: say that I could be one of the best in

1023
00:53:33,360 --> 00:53:35,360
Speaker 15: the world. And this is to prove for myself that

1024
00:53:35,440 --> 00:53:36,239
Speaker 15: I belong at the top.

1025
00:53:36,320 --> 00:53:38,840
Speaker 3: So let's get it on. Let's bang bang bang.

1026
00:53:39,120 --> 00:53:41,320
Speaker 20: You know, it's about learning how to put yourself in

1027
00:53:41,480 --> 00:53:45,960
Speaker 20: comfortable positions, failing a lot and Ultimately, you know you

1028
00:53:46,040 --> 00:53:48,200
Speaker 20: will make it because that resilience that you're built up

1029
00:53:48,200 --> 00:53:49,480
Speaker 20: will be just invaluable.

1030
00:53:49,520 --> 00:53:49,920
Speaker 8: That's it.

1031
00:53:50,560 --> 00:53:51,319
Speaker 21: It's all over.

1032
00:53:51,640 --> 00:53:55,000
Speaker 1: Henry does the job and New Zealand win this match

1033
00:53:55,120 --> 00:53:57,440
Speaker 1: convincingly by sixty runs.

1034
00:53:57,640 --> 00:53:59,279
Speaker 21: Spen a polished performance.

1035
00:54:00,680 --> 00:54:02,320
Speaker 2: You're on news Talk to b It's time for the

1036
00:54:02,360 --> 00:54:05,800
Speaker 2: sports hitled Jim Kay's and Darcy Audigraver here. Good evening, gentlemen,

1037
00:54:06,920 --> 00:54:09,800
Speaker 2: Good evening. Good to have you guys on mister Kay's.

1038
00:54:09,840 --> 00:54:11,200
Speaker 8: Hello, Hello, Ryan.

1039
00:54:11,160 --> 00:54:15,239
Speaker 2: Hello, hello hello. Right, so we've obviously had a fantastic

1040
00:54:15,280 --> 00:54:18,600
Speaker 2: opening weekend for Super Rugby. Jim will start with you,

1041
00:54:18,719 --> 00:54:21,440
Speaker 2: are you expecting the same this weekend?

1042
00:54:22,640 --> 00:54:23,759
Speaker 3: Well, I hope the Blues get up.

1043
00:54:23,760 --> 00:54:27,160
Speaker 16: It's not that fantastic open the weekend rhyme when the

1044
00:54:27,160 --> 00:54:30,080
Speaker 16: Blues don't win. But yeah, look it was a fantastic weekend.

1045
00:54:30,080 --> 00:54:30,520
Speaker 3: You're right.

1046
00:54:31,520 --> 00:54:34,719
Speaker 16: They got the drawer right. There were some great derbies

1047
00:54:34,719 --> 00:54:37,400
Speaker 16: first up, and there are some great derbies again tonight

1048
00:54:38,200 --> 00:54:41,160
Speaker 16: Chiefs versus Crusaders and then and then obviously you've got

1049
00:54:41,400 --> 00:54:44,120
Speaker 16: the heart of this versus the Blues. So yeah, getting

1050
00:54:44,160 --> 00:54:46,080
Speaker 16: the drawer right is a big part of it. And

1051
00:54:46,480 --> 00:54:50,759
Speaker 16: having typed i think last week the widest gap in

1052
00:54:51,040 --> 00:54:54,759
Speaker 16: margin was eleven points, so you know that says something

1053
00:54:54,800 --> 00:54:56,920
Speaker 16: about it too. So there's a few things that are

1054
00:54:56,960 --> 00:54:58,839
Speaker 16: working in there, and Super Rugby seem to get off

1055
00:54:58,840 --> 00:55:01,480
Speaker 16: to a really exciting start and let's hope it continues.

1056
00:55:01,520 --> 00:55:04,160
Speaker 22: This weekend would have been more exciting if the Blues

1057
00:55:04,200 --> 00:55:07,000
Speaker 22: hadn't decided to stop playing in the second half of

1058
00:55:07,040 --> 00:55:10,160
Speaker 22: that game, Jim. That was quite upsetting from a Blues

1059
00:55:10,200 --> 00:55:12,520
Speaker 22: point of view, Like I was there watching it in

1060
00:55:12,560 --> 00:55:16,200
Speaker 22: the so called bomb squad that got let loose, and

1061
00:55:16,400 --> 00:55:19,120
Speaker 22: look the Chiefs through Damie McKenzie, they just didn't give

1062
00:55:19,200 --> 00:55:23,279
Speaker 22: any opportunity or option for the Blues. That was quite overpowering,

1063
00:55:23,400 --> 00:55:25,279
Speaker 22: quite overwhelming looking at that. But I think what we

1064
00:55:25,440 --> 00:55:27,320
Speaker 22: like about the next round you messed with the Derby's

1065
00:55:27,640 --> 00:55:31,359
Speaker 22: their key to get eyeballs on screens and backsides on seat.

1066
00:55:31,400 --> 00:55:33,400
Speaker 22: That's how you want to start things off. And we

1067
00:55:33,520 --> 00:55:36,160
Speaker 22: look at the two of the unbeaten teams from last weekend,

1068
00:55:36,440 --> 00:55:38,640
Speaker 22: the Crusaders, and I'm sure no one already saw that

1069
00:55:38,680 --> 00:55:41,440
Speaker 22: one coming unless you died in the wall fan like

1070
00:55:41,560 --> 00:55:44,120
Speaker 22: I am. Up against the Chiefs and that rivalry that

1071
00:55:44,120 --> 00:55:48,520
Speaker 22: they've got is already rigid, it's already quite intense, but

1072
00:55:48,680 --> 00:55:51,600
Speaker 22: both unbeaten coming together to try and go till on

1073
00:55:51,640 --> 00:55:54,440
Speaker 22: the bounce that's got so much on it, that's a

1074
00:55:54,480 --> 00:55:55,920
Speaker 22: great way to get underway in the weekend.

1075
00:55:55,960 --> 00:55:58,640
Speaker 2: He starts, and yeah, a couple of hours away. Hey,

1076
00:55:58,640 --> 00:56:01,120
Speaker 2: Phil Gifford has done a piece which I found quite

1077
00:56:01,160 --> 00:56:04,160
Speaker 2: interesting talking about the tactical subs. And I want to

1078
00:56:04,200 --> 00:56:06,520
Speaker 2: know what you think, Jim, because I think are there

1079
00:56:06,520 --> 00:56:08,759
Speaker 2: eight swaps you can do at the moment? He says

1080
00:56:08,760 --> 00:56:12,440
Speaker 2: there should be none? Is that an extreme view or

1081
00:56:12,800 --> 00:56:14,160
Speaker 2: are you with him?

1082
00:56:14,680 --> 00:56:17,080
Speaker 16: I'm kind of with him. I think that what Rugby

1083
00:56:17,160 --> 00:56:20,480
Speaker 16: has missed in the last or since the game. We're

1084
00:56:20,520 --> 00:56:24,440
Speaker 16: professional and the athletic got bigger, stronger, faster is fatigue.

1085
00:56:24,960 --> 00:56:27,879
Speaker 16: So when you don't have fatigue, particularly in the last

1086
00:56:27,920 --> 00:56:30,520
Speaker 16: twenty minutes, you don't have the gaps opening up, the

1087
00:56:30,560 --> 00:56:33,239
Speaker 16: spaces opening up, those sorts of things. So perhaps what

1088
00:56:33,320 --> 00:56:35,920
Speaker 16: Filler's alluding to there is the need to bring fatigue

1089
00:56:35,960 --> 00:56:38,520
Speaker 16: back into the game because the field is a lot

1090
00:56:38,600 --> 00:56:42,239
Speaker 16: smaller now with the bigger, stronger, faster, fitter athlete. And

1091
00:56:42,360 --> 00:56:44,279
Speaker 16: I'm one hundred percent behind him in that regard. If

1092
00:56:44,320 --> 00:56:47,800
Speaker 16: there is a way that you could limit the amount

1093
00:56:47,840 --> 00:56:50,920
Speaker 16: of people that come on to the field to the subs,

1094
00:56:52,400 --> 00:56:55,000
Speaker 16: then that would be great. The problem is how do

1095
00:56:55,040 --> 00:56:58,799
Speaker 16: you do that because coaches are cunning and they'll just

1096
00:56:58,840 --> 00:57:01,120
Speaker 16: say that people are injured. So you want to keep

1097
00:57:01,120 --> 00:57:02,560
Speaker 16: it legal, you want to keep.

1098
00:57:02,440 --> 00:57:07,800
Speaker 22: It it's limiting, it's not eradicating. Because yes, they're fatigue

1099
00:57:07,800 --> 00:57:10,520
Speaker 22: issue is all well and good, and you understand that

1100
00:57:10,560 --> 00:57:14,400
Speaker 22: these guys get destroyed. But also it's a big professional

1101
00:57:14,480 --> 00:57:16,840
Speaker 22: scene and they need to have a lot of players

1102
00:57:16,880 --> 00:57:18,680
Speaker 22: on board. They need to keep people employed, so they

1103
00:57:18,720 --> 00:57:20,320
Speaker 22: want to keep people in the game, so they want

1104
00:57:20,360 --> 00:57:23,920
Speaker 22: able to row take through. I think the trick around

1105
00:57:24,120 --> 00:57:29,000
Speaker 22: this is more yes, well, the different parts of the

1106
00:57:29,040 --> 00:57:30,800
Speaker 22: team in the front row and the locking and the

1107
00:57:30,800 --> 00:57:32,919
Speaker 22: loose forwards and side and so forth. They can turn

1108
00:57:33,240 --> 00:57:36,520
Speaker 22: those over reasonably rapidly. But Jim, it comes to me

1109
00:57:36,760 --> 00:57:39,680
Speaker 22: it becomes more like chess, and the fact that it

1110
00:57:39,760 --> 00:57:42,160
Speaker 22: means it's a group game. We've got to understand when

1111
00:57:42,320 --> 00:57:44,880
Speaker 22: to use them, how to use it, what is the

1112
00:57:44,880 --> 00:57:47,760
Speaker 22: best opportunity's second guess for opposition. So it's had more

1113
00:57:47,760 --> 00:57:49,800
Speaker 22: of a coaching cerebral touch.

1114
00:57:50,440 --> 00:57:54,360
Speaker 16: But if you're a fan. If you're and everything should

1115
00:57:54,400 --> 00:57:57,120
Speaker 16: be decided around the fan. Everything should be fan centric.

1116
00:57:57,160 --> 00:57:59,840
Speaker 16: If you're fan centric, what do you want? You want

1117
00:58:00,320 --> 00:58:04,160
Speaker 16: exciting finishes, You want athletes who have to be superbly

1118
00:58:04,200 --> 00:58:06,000
Speaker 16: fit and have to be able to hang in there

1119
00:58:06,040 --> 00:58:09,120
Speaker 16: till the end. I just think that all sports, and

1120
00:58:09,200 --> 00:58:12,040
Speaker 16: rugby in particular, should put the fan at the center

1121
00:58:12,080 --> 00:58:15,080
Speaker 16: of every decision that they make. And if it's in

1122
00:58:15,120 --> 00:58:17,880
Speaker 16: the fans interest to have fewer subs than I think,

1123
00:58:17,920 --> 00:58:18,280
Speaker 16: go for it.

1124
00:58:18,360 --> 00:58:21,040
Speaker 22: But for tea games, for reckless MESSI football at the.

1125
00:58:21,120 --> 00:58:22,800
Speaker 2: Game's a good game, We're will go to the breakdowns.

1126
00:58:23,160 --> 00:58:24,480
Speaker 2: We're gonna go to the break We'll come back in

1127
00:58:24,560 --> 00:58:28,680
Speaker 2: just a second, speaking of tactical subs. Sixteen minutes away

1128
00:58:28,680 --> 00:58:30,840
Speaker 2: from six News Talks, they'd be the Sports Huddle.

1129
00:58:31,440 --> 00:58:35,440
Speaker 1: The Friday Sports Huddle with New Zealand Southeby's International Realty

1130
00:58:35,600 --> 00:58:37,280
Speaker 1: Elevate the Marketing of your Home.

1131
00:58:38,120 --> 00:58:41,280
Speaker 2: Jim Kays and Darcy Walter Grave on the Sports Huddle tonight.

1132
00:58:41,440 --> 00:58:44,680
Speaker 2: Welcome back, guys. Joe Parker has just lost his opponent

1133
00:58:45,040 --> 00:58:47,600
Speaker 2: to illness. Now he's got a new one, Darcy, you

1134
00:58:47,640 --> 00:58:49,840
Speaker 2: spoke to him last night. But this was just before

1135
00:58:50,200 --> 00:58:51,280
Speaker 2: it was all announced.

1136
00:58:51,320 --> 00:58:53,400
Speaker 22: It all went down, sounded all pretty good, and then

1137
00:58:53,400 --> 00:58:55,320
Speaker 22: I'll wake up in the morning and as Piccoli's in there.

1138
00:58:55,400 --> 00:58:58,400
Speaker 22: Because Dubois paul A SICKI, there's not really any details

1139
00:58:58,440 --> 00:59:02,360
Speaker 22: about what happened. He's more sinister underlying thought to why

1140
00:59:02,440 --> 00:59:04,520
Speaker 22: he pulled us sick in what's lined up from next,

1141
00:59:04,560 --> 00:59:06,760
Speaker 22: But that's unfounded, so I won't move into that. But

1142
00:59:07,160 --> 00:59:10,880
Speaker 22: the guy Byccoli, who he's coming up against, he's from

1143
00:59:10,920 --> 00:59:14,480
Speaker 22: the Congo's Congolese. He's ranking the top five by most

1144
00:59:14,520 --> 00:59:18,360
Speaker 22: of these divisions. You get that he's a good fighter,

1145
00:59:18,360 --> 00:59:20,800
Speaker 22: he's a big man. But what Eddie Hearne has said

1146
00:59:21,080 --> 00:59:23,200
Speaker 22: he's been in the Congo, he hasn't been doing a

1147
00:59:23,240 --> 00:59:25,840
Speaker 22: great deal of work and he's likely.

1148
00:59:25,720 --> 00:59:26,440
Speaker 8: To get gassed.

1149
00:59:26,480 --> 00:59:29,160
Speaker 22: He's not exactly the fittest guy in the world now.

1150
00:59:29,520 --> 00:59:32,880
Speaker 22: Joe's fit and Joe's patient now, so he'll take it

1151
00:59:32,920 --> 00:59:35,960
Speaker 22: a lot longer than I think Martin is comfortable with. Plus,

1152
00:59:36,000 --> 00:59:37,280
Speaker 22: and there's the advantage he's.

1153
00:59:37,200 --> 00:59:39,600
Speaker 2: Just flown in from the Congo. Literally in the last

1154
00:59:39,600 --> 00:59:41,960
Speaker 2: forty year he camp for three weeks, so there's a

1155
00:59:41,960 --> 00:59:46,240
Speaker 2: bit of an advantage there. Jim why presumably he's been

1156
00:59:46,320 --> 00:59:49,160
Speaker 2: paid a great sum of money to be there, Joseph Parker,

1157
00:59:49,360 --> 00:59:52,000
Speaker 2: and this is not a title fighting anymore, but presumably

1158
00:59:52,040 --> 00:59:53,720
Speaker 2: that's why you stay in it, right.

1159
00:59:54,520 --> 00:59:56,680
Speaker 16: Yeah, absolutely, And you know there's a whole of things

1160
00:59:56,680 --> 00:59:58,800
Speaker 16: that go that television rights and those sorts of things.

1161
00:59:58,800 --> 01:00:01,760
Speaker 16: You can't sort of back out of these things easily.

1162
01:00:01,800 --> 01:00:03,440
Speaker 16: And they're found in an opponent and he's going to

1163
01:00:03,440 --> 01:00:05,760
Speaker 16: have to step up and fight the guy. I mean,

1164
01:00:05,840 --> 01:00:09,560
Speaker 16: boxing is shambolic often, isn't.

1165
01:00:09,400 --> 01:00:11,240
Speaker 3: It, And this is just this is just.

1166
01:00:11,160 --> 01:00:13,760
Speaker 16: Another example of it. But you know, Joe's going to

1167
01:00:13,840 --> 01:00:16,720
Speaker 16: have to fight this guy. And I think the thing

1168
01:00:16,760 --> 01:00:19,320
Speaker 16: for Joseph Parker is, you know, is he putting his

1169
01:00:19,400 --> 01:00:23,040
Speaker 16: reputation that risk here? Like how much of a threat?

1170
01:00:24,080 --> 01:00:26,479
Speaker 16: Because if you get knocked over by a bloke who's

1171
01:00:26,600 --> 01:00:28,960
Speaker 16: who's the last minute ringing, what does that say?

1172
01:00:29,080 --> 01:00:32,400
Speaker 22: He's reading though quite highly in most of these places,

1173
01:00:32,440 --> 01:00:33,960
Speaker 22: so he's ranked yeah four or five.

1174
01:00:34,320 --> 01:00:34,440
Speaker 13: You know.

1175
01:00:34,800 --> 01:00:37,320
Speaker 16: Point My point is, as you said before, one guy

1176
01:00:37,400 --> 01:00:39,640
Speaker 16: has been in training and in camp for a long time.

1177
01:00:39,720 --> 01:00:41,560
Speaker 16: The other guy is just stepping off the plane. So

1178
01:00:41,960 --> 01:00:44,400
Speaker 16: you do put your reputation at risk, you know, obviously

1179
01:00:44,400 --> 01:00:47,280
Speaker 16: I hope Joseph does well, but it is it is

1180
01:00:47,320 --> 01:00:48,160
Speaker 16: a significant risk.

1181
01:00:48,240 --> 01:00:50,720
Speaker 2: But is that why it comes down to money? Because

1182
01:00:50,720 --> 01:00:53,240
Speaker 2: someone told me he was being paid ten, ten, maybe

1183
01:00:53,280 --> 01:00:57,919
Speaker 2: twenty twenty million dollars? Is that that's for one fight?

1184
01:00:59,240 --> 01:00:59,959
Speaker 8: Money?

1185
01:01:00,240 --> 01:01:01,959
Speaker 2: Think of this way, But you wouldn't be walking away.

1186
01:01:02,040 --> 01:01:03,760
Speaker 2: You could punch me as many times as you like.

1187
01:01:04,640 --> 01:01:08,720
Speaker 22: Aren't you d near gonna deal with the Saudi royal family?

1188
01:01:09,720 --> 01:01:09,919
Speaker 8: No?

1189
01:01:10,000 --> 01:01:12,360
Speaker 2: Sure when we know where that ends.

1190
01:01:12,440 --> 01:01:15,080
Speaker 16: Listen to us three blokes who would never get in

1191
01:01:15,120 --> 01:01:15,480
Speaker 16: a ring?

1192
01:01:16,920 --> 01:01:17,280
Speaker 6: Correct?

1193
01:01:17,360 --> 01:01:19,720
Speaker 2: Hey, will Young? Should he get in the ring? Should

1194
01:01:19,720 --> 01:01:21,480
Speaker 2: the black Caps put him in the ring? This is

1195
01:01:21,560 --> 01:01:25,240
Speaker 2: some you know the batting lineup. He's done so well,

1196
01:01:25,360 --> 01:01:27,760
Speaker 2: but then you know, what do you do? Darcy?

1197
01:01:27,880 --> 01:01:30,680
Speaker 22: Will Young is like the Matt Henry. Matt Henry played

1198
01:01:30,680 --> 01:01:33,040
Speaker 22: second fiddle to our fast bowlers for a long time,

1199
01:01:33,040 --> 01:01:35,680
Speaker 22: and he performed admirably, and then when his time came,

1200
01:01:35,720 --> 01:01:38,680
Speaker 22: which has now suddenly, he's turned into the spearhead and

1201
01:01:38,720 --> 01:01:41,600
Speaker 22: all of that work that he's done is now coming

1202
01:01:41,640 --> 01:01:44,479
Speaker 22: to the fore. I see Will Young very similarly to that.

1203
01:01:44,640 --> 01:01:46,919
Speaker 22: He's been there as a reserve guy. He comes into

1204
01:01:46,920 --> 01:01:49,600
Speaker 22: cover Williams, and he comes into cover for Revenger, he

1205
01:01:49,640 --> 01:01:52,600
Speaker 22: comes into cover people, he creates a lot of runs.

1206
01:01:52,600 --> 01:01:55,960
Speaker 22: He looks extraordinarily comfortable to the man of Born. So

1207
01:01:56,480 --> 01:01:58,680
Speaker 22: when he does get his chance and there is room,

1208
01:01:59,080 --> 01:02:00,720
Speaker 22: he will take that. So it might not be this

1209
01:02:00,760 --> 01:02:04,680
Speaker 22: time around Devin Conway touch and go on the field

1210
01:02:05,200 --> 01:02:07,760
Speaker 22: not looking one hundred percent happy, And as Dylan Cleaver

1211
01:02:07,920 --> 01:02:11,919
Speaker 22: pointed out in his Bounced newsletter, it looked like will

1212
01:02:12,000 --> 01:02:16,280
Speaker 22: Young was batting on another surface. He looked imperious.

1213
01:02:16,400 --> 01:02:20,000
Speaker 16: Jim, here's a question. Oh, I can't even believe I'm

1214
01:02:20,000 --> 01:02:23,200
Speaker 16: going to say this. When do when do we get

1215
01:02:23,200 --> 01:02:26,800
Speaker 16: to a point where certain Williamson is the name that

1216
01:02:26,840 --> 01:02:29,640
Speaker 16: we're discussing. Not for Test cricket. He would be in

1217
01:02:30,480 --> 01:02:33,520
Speaker 16: written in an ink for any Test cricket eleven. But

1218
01:02:33,640 --> 01:02:35,040
Speaker 16: for the shorter versions.

1219
01:02:34,720 --> 01:02:35,240
Speaker 3: Of the game.

1220
01:02:36,000 --> 01:02:38,440
Speaker 16: Do we go for the people who are more natural,

1221
01:02:39,120 --> 01:02:41,960
Speaker 16: you know, bashes of the ball than it came.

1222
01:02:42,400 --> 01:02:44,880
Speaker 22: This was often said about him first up about his

1223
01:02:45,160 --> 01:02:47,800
Speaker 22: short version game about T twenty one day cricket. I

1224
01:02:47,840 --> 01:02:50,400
Speaker 22: think you look at his record, Jim McKay's go to

1225
01:02:50,480 --> 01:02:52,480
Speaker 22: your room and thinking about what you just said.

1226
01:02:52,840 --> 01:02:55,040
Speaker 16: I know, I know, I almost feel like I shot

1227
01:02:55,120 --> 01:02:57,920
Speaker 16: Bambi by saying that. So I do apologize. I do

1228
01:02:58,000 --> 01:03:00,840
Speaker 16: apologize to the nation. But I wonder, like you know,

1229
01:03:01,000 --> 01:03:05,440
Speaker 16: every every sport, every team has succession and turnover, and

1230
01:03:05,480 --> 01:03:08,840
Speaker 16: even the great Richie McCall, Dan Carter, Darryl you know,

1231
01:03:09,240 --> 01:03:11,800
Speaker 16: all sorts of people that had to step aside. When

1232
01:03:11,880 --> 01:03:14,040
Speaker 16: do we get to a point where Cain Williamson is

1233
01:03:14,080 --> 01:03:17,800
Speaker 16: a Test cricketer and not a T twenty or a

1234
01:03:17,840 --> 01:03:18,640
Speaker 16: fifty overs men.

1235
01:03:18,720 --> 01:03:20,840
Speaker 22: I'd say that's his decision and no one else's.

1236
01:03:20,960 --> 01:03:21,200
Speaker 8: Gym.

1237
01:03:21,400 --> 01:03:25,240
Speaker 2: Wow, that's true, you've been told Jim. Hey, thanks guys.

1238
01:03:25,280 --> 01:03:28,000
Speaker 2: I'm just hoping there's the more streaking this weekend. Just

1239
01:03:28,280 --> 01:03:30,200
Speaker 2: on a personal note, I you.

1240
01:03:30,200 --> 01:03:32,720
Speaker 22: Should get engaged in strolling. And that's what a brave

1241
01:03:32,800 --> 01:03:35,560
Speaker 22: man does. He gets naked and he walks casually across

1242
01:03:35,560 --> 01:03:36,040
Speaker 22: the field, not.

1243
01:03:36,080 --> 01:03:37,440
Speaker 2: Afraid of anyone or anything.

1244
01:03:37,720 --> 01:03:40,240
Speaker 16: And players should be allowed to tackle them. Players should

1245
01:03:40,280 --> 01:03:44,800
Speaker 16: be allowed to tackle you. You fun an arena of collision.

1246
01:03:44,960 --> 01:03:47,880
Speaker 16: You should be prepared to get king hit by some

1247
01:03:47,920 --> 01:03:49,920
Speaker 16: of the biggest, strongest people in the country.

1248
01:03:50,040 --> 01:03:52,400
Speaker 2: Actually, that might be the thing that puts them off.

1249
01:03:52,560 --> 01:03:54,240
Speaker 2: Could I mean imagine the concussion?

1250
01:03:54,280 --> 01:03:56,080
Speaker 22: Well, you mean there's a streak of years ago in

1251
01:03:56,080 --> 01:03:58,760
Speaker 22: a cricket match and he got smacked on.

1252
01:03:58,720 --> 01:03:59,960
Speaker 8: The backside with a bat.

1253
01:04:00,040 --> 01:04:02,240
Speaker 22: It's by one of the Australian bats.

1254
01:04:02,280 --> 01:04:04,520
Speaker 8: I think it was Green Chapel. I think it was

1255
01:04:05,160 --> 01:04:05,960
Speaker 8: way back in the day.

1256
01:04:06,240 --> 01:04:08,880
Speaker 16: You wait, Coim on the bucket that Simon's has done it.

1257
01:04:09,240 --> 01:04:11,760
Speaker 16: David gow has done it with a cricket bat.

1258
01:04:11,920 --> 01:04:14,720
Speaker 2: Really, you'll be right. Need someone with a bag hang on,

1259
01:04:14,800 --> 01:04:17,680
Speaker 2: but maybe that's why you don't get as many streakers

1260
01:04:17,720 --> 01:04:20,080
Speaker 2: at the cricket. They just need a hard enough.

1261
01:04:20,360 --> 01:04:22,760
Speaker 16: Patrick two below to a tackle. That guy wouldn't come

1262
01:04:22,760 --> 01:04:23,320
Speaker 16: back for seconds?

1263
01:04:23,320 --> 01:04:26,000
Speaker 22: Would you keep what you say about streakers hardening up?

1264
01:04:26,080 --> 01:04:32,480
Speaker 2: Ryan's all right, Darcy Jim, thank you. Enjoy the weekend

1265
01:04:32,520 --> 01:04:34,760
Speaker 2: of Sport seven to six News Talks MB.

1266
01:04:36,440 --> 01:04:39,960
Speaker 1: It's the Heather Duplessy Allan Drive full show podcast on

1267
01:04:40,120 --> 01:04:42,800
Speaker 1: my hard radio powered by News Talks EBB.

1268
01:04:44,080 --> 01:04:47,120
Speaker 2: News TALKSB. It is four minutes away from six and News.

1269
01:04:47,240 --> 01:04:49,480
Speaker 2: This is a I hate to say I told you

1270
01:04:49,480 --> 01:04:53,080
Speaker 2: so segment, but I did sort of predict this, and

1271
01:04:53,200 --> 01:04:55,720
Speaker 2: actually I shouldn't say. I shouldn't start by saying that,

1272
01:04:55,760 --> 01:04:57,760
Speaker 2: because it makes it sound like something that's hard to

1273
01:04:57,800 --> 01:05:00,800
Speaker 2: predict this not hard to pred it whatsoever. This is

1274
01:05:00,800 --> 01:05:04,880
Speaker 2: in the United States. So Trump is introducing the tariffs

1275
01:05:04,920 --> 01:05:08,000
Speaker 2: on aluminium and steel in the United States. And so

1276
01:05:08,080 --> 01:05:09,720
Speaker 2: what has happened as a result of this, because it

1277
01:05:09,720 --> 01:05:12,200
Speaker 2: doesn't come in until next month, you see what's happened

1278
01:05:12,200 --> 01:05:14,120
Speaker 2: as a result of that is a big metal buy

1279
01:05:14,200 --> 01:05:17,200
Speaker 2: up is happening. People are stop piling before the tariffs

1280
01:05:17,200 --> 01:05:19,760
Speaker 2: come in. So when I say I predicted it, it's like,

1281
01:05:19,920 --> 01:05:23,480
Speaker 2: not that impressive, actually, But what is interesting is where

1282
01:05:24,040 --> 01:05:27,680
Speaker 2: and how much is involved. So sixty percent of all

1283
01:05:27,720 --> 01:05:30,680
Speaker 2: of the steel that they use in the United States

1284
01:05:30,720 --> 01:05:33,800
Speaker 2: is imported, so it's going to have a huge impact.

1285
01:05:33,800 --> 01:05:37,800
Speaker 2: It's not a small number. Mainly it goes to car manufacturing.

1286
01:05:37,840 --> 01:05:40,120
Speaker 2: It goes to your coke cans, your bear cans, all

1287
01:05:40,120 --> 01:05:42,880
Speaker 2: that kind of stuff. And what they're doing, what they

1288
01:05:42,960 --> 01:05:45,360
Speaker 2: think they'll do, is start buying more from the lights

1289
01:05:45,400 --> 01:05:47,960
Speaker 2: of China, where it's a bit cheaper, rather than Canada

1290
01:05:48,000 --> 01:05:50,600
Speaker 2: where it's a bit more expensive. But here's the interesting

1291
01:05:50,680 --> 01:05:54,760
Speaker 2: part that last time Trump put the tariffs on, because

1292
01:05:54,800 --> 01:05:57,680
Speaker 2: you would think the idea is that you'd boost local production.

1293
01:05:58,320 --> 01:06:00,480
Speaker 2: The last time in twenty eighteen, when try put the

1294
01:06:00,520 --> 01:06:05,200
Speaker 2: tariffs on. No increase in production whatsoever for aluminium in

1295
01:06:05,240 --> 01:06:09,000
Speaker 2: the United States. In fact, still today it is lower

1296
01:06:09,040 --> 01:06:12,320
Speaker 2: than twenty seventeen levels. So it didn't really do what

1297
01:06:12,360 --> 01:06:14,720
Speaker 2: he said it would, did it? Three to six?

1298
01:06:14,960 --> 01:06:24,520
Speaker 3: Imy Jane, I'm only buddy Army j keeping track of

1299
01:06:24,520 --> 01:06:28,640
Speaker 3: where the money is flowing. The business hour with Ryan.

1300
01:06:28,400 --> 01:06:33,600
Speaker 1: Bridge hands insurance and investments. Grow your wealth, Protect your future,

1301
01:06:33,920 --> 01:06:36,160
Speaker 1: U s talk said, be good evening.

1302
01:06:36,200 --> 01:06:38,160
Speaker 2: It is six half to six. Great to have your company.

1303
01:06:38,200 --> 01:06:41,680
Speaker 2: Barry Soaper shortly wrapping the week in politics, Walmart's alarm

1304
01:06:41,760 --> 01:06:44,480
Speaker 2: bells has the markets reacting. We'll get to that story.

1305
01:06:44,480 --> 01:06:46,960
Speaker 2: Plus we're in Hong Kong and in London where the

1306
01:06:47,120 --> 01:06:50,720
Speaker 2: former boss of the military is sounding alarm bells about

1307
01:06:50,840 --> 01:06:54,919
Speaker 2: Ukraine right now. Energy company Genesis almost doubled its half

1308
01:06:55,000 --> 01:06:58,200
Speaker 2: year net profit to seventy point three million dollars after tax.

1309
01:06:58,520 --> 01:07:01,920
Speaker 2: The wholesale power prices rose dramatically last winter. We all

1310
01:07:01,920 --> 01:07:05,200
Speaker 2: know this the winter energy crunched this response to dry weather.

1311
01:07:05,600 --> 01:07:08,560
Speaker 2: Genesis runs the coal and gas fired Huntley Power Station,

1312
01:07:08,720 --> 01:07:12,640
Speaker 2: which backs up the hydro dominated National power grid when

1313
01:07:12,680 --> 01:07:16,360
Speaker 2: the lake levels are low. Genesis chief executive Malcolm John's

1314
01:07:16,440 --> 01:07:19,479
Speaker 2: is with me. Hi, Malcolm gooday? HOI are you yeah?

1315
01:07:19,520 --> 01:07:21,560
Speaker 2: Really good? Good to have you on the show. Look,

1316
01:07:22,560 --> 01:07:25,080
Speaker 2: shareholders will, no doubt, including the government, so I guess

1317
01:07:25,120 --> 01:07:26,960
Speaker 2: all of us in a sense, we'll be happy with

1318
01:07:27,040 --> 01:07:30,400
Speaker 2: that with that number going up, but perhaps not so

1319
01:07:30,480 --> 01:07:32,520
Speaker 2: much your customers. How do you view it?

1320
01:07:33,840 --> 01:07:38,320
Speaker 21: Well, our customers were largely protected last winter. I mean,

1321
01:07:38,320 --> 01:07:41,120
Speaker 21: I think it's important to remember that about ninety nine

1322
01:07:41,200 --> 01:07:45,800
Speaker 21: point nine percent of electricity customers didn't experience the volatility

1323
01:07:45,840 --> 01:07:50,240
Speaker 21: of July and August because many are on fixed term contracts.

1324
01:07:50,560 --> 01:07:53,720
Speaker 21: But you would expect in a dry year for Genesis

1325
01:07:53,720 --> 01:07:57,160
Speaker 21: to produce more electricity. We produced about thirty percent more

1326
01:07:57,200 --> 01:08:00,120
Speaker 21: electricity last winter than we did the winter before, So

1327
01:08:00,160 --> 01:08:02,880
Speaker 21: it kind of flows. When the lakes are low and

1328
01:08:02,960 --> 01:08:06,120
Speaker 21: Huntley's turned on to its full capacity, we produce more

1329
01:08:06,120 --> 01:08:08,600
Speaker 21: electricity and we expect to have more revenue and more

1330
01:08:08,600 --> 01:08:09,440
Speaker 21: profit as a result.

1331
01:08:09,760 --> 01:08:11,400
Speaker 2: How much extra col did that mean?

1332
01:08:13,000 --> 01:08:16,519
Speaker 21: We burnt as a country about eight hundred thousand tons

1333
01:08:16,520 --> 01:08:20,400
Speaker 21: of coal last winter, and I think it's important to

1334
01:08:20,439 --> 01:08:23,479
Speaker 21: remember that not only do we have a hydro system

1335
01:08:23,560 --> 01:08:26,120
Speaker 21: to back up, but we now have one thy four

1336
01:08:26,160 --> 01:08:28,720
Speaker 21: hundred megawatts of wind. And not only do we have

1337
01:08:28,880 --> 01:08:32,040
Speaker 21: no rain last winter, but we also had a large

1338
01:08:32,080 --> 01:08:34,680
Speaker 21: period of wind routs. In fact, the wind dropped out

1339
01:08:34,760 --> 01:08:38,200
Speaker 21: for about ten days at one point last winter. So

1340
01:08:38,320 --> 01:08:41,519
Speaker 21: as we build more wind into the system, wind is

1341
01:08:41,560 --> 01:08:44,360
Speaker 21: going to become more as relevant as hydro is.

1342
01:08:45,560 --> 01:08:47,600
Speaker 2: So you're saying to people, because there were a lot

1343
01:08:47,600 --> 01:08:50,040
Speaker 2: of people listening, he'll think, well, how are you managing

1344
01:08:50,040 --> 01:08:52,920
Speaker 2: to increase in net profit by eighty percent? You said,

1345
01:08:52,920 --> 01:08:55,200
Speaker 2: obviously you were doing more. You know, you were producing

1346
01:08:55,240 --> 01:08:57,839
Speaker 2: more through Huntley because there was a shortage in other areas,

1347
01:08:58,720 --> 01:09:00,839
Speaker 2: but you were your mark engines increased.

1348
01:09:01,880 --> 01:09:06,440
Speaker 21: No, it's a pure result of producing thirty percent more electricity,

1349
01:09:07,360 --> 01:09:10,880
Speaker 21: and so we sell that that excess electricity onto the

1350
01:09:10,920 --> 01:09:14,640
Speaker 21: other generators who aren't generating as much themselves because the

1351
01:09:14,720 --> 01:09:16,320
Speaker 21: lakes are low and the wind wasn't.

1352
01:09:16,160 --> 01:09:19,879
Speaker 2: There the stockpile that you'll need in terms of Huntley.

1353
01:09:20,320 --> 01:09:24,160
Speaker 2: Do you know how much longer we will need coal

1354
01:09:24,280 --> 01:09:26,040
Speaker 2: at Huntley or is that something that will need to

1355
01:09:26,040 --> 01:09:28,760
Speaker 2: happen indefinitely? And what you're going to look to do

1356
01:09:29,000 --> 01:09:31,240
Speaker 2: this year, Well.

1357
01:09:31,040 --> 01:09:33,840
Speaker 21: The system will need Huntley generation for probably the next

1358
01:09:33,880 --> 01:09:37,240
Speaker 21: twenty five years. But not in its current form. So

1359
01:09:38,120 --> 01:09:41,400
Speaker 21: the generating assets that Huntley can run on multiple fuels,

1360
01:09:41,439 --> 01:09:43,360
Speaker 21: and what we're focused on in the next three to

1361
01:09:43,439 --> 01:09:47,120
Speaker 21: five years is fuel transition, So we're heavily involved in

1362
01:09:47,280 --> 01:09:52,120
Speaker 21: standing up a domestic biomass supply chain which turns wood

1363
01:09:52,200 --> 01:09:56,080
Speaker 21: into torrified palettes. We can run torrified palette through Huntley

1364
01:09:56,080 --> 01:09:59,960
Speaker 21: Power Station and create a zero carbon cycle as opposed

1365
01:10:00,120 --> 01:10:03,599
Speaker 21: to using coal. But the reality is without the gas

1366
01:10:03,600 --> 01:10:06,040
Speaker 21: in the system, and that was the big shock last winter.

1367
01:10:06,560 --> 01:10:08,479
Speaker 21: We had to use coal because we had no other

1368
01:10:08,560 --> 01:10:11,680
Speaker 21: fuel available, and until we have bio mass, we'll have

1369
01:10:11,760 --> 01:10:13,759
Speaker 21: to use coal as a fuel of last resort.

1370
01:10:13,960 --> 01:10:17,080
Speaker 2: In other words, you don't see gases are reliable going

1371
01:10:17,120 --> 01:10:19,040
Speaker 2: forward as a reliable alternative.

1372
01:10:20,040 --> 01:10:22,880
Speaker 21: It's very difficult. At the moment, gas was the chosen

1373
01:10:23,040 --> 01:10:26,240
Speaker 21: transition fuel, very difficult to see it that way at

1374
01:10:26,280 --> 01:10:30,240
Speaker 21: the moment. The structural decline in gas last year called

1375
01:10:30,280 --> 01:10:33,680
Speaker 21: everybody by surprise. And at the moment we don't have

1376
01:10:33,880 --> 01:10:39,479
Speaker 21: any publicly announced new gas coming into the market, so

1377
01:10:39,560 --> 01:10:43,840
Speaker 21: the gas market is likely to remain quite volatile and expensive.

1378
01:10:44,560 --> 01:10:47,559
Speaker 2: So even with the government's announcements and the initiatives and

1379
01:10:47,600 --> 01:10:49,800
Speaker 2: the reversing the oil and gas band, et cetera. That

1380
01:10:49,840 --> 01:10:51,960
Speaker 2: stuff too far in the future for you to give

1381
01:10:51,960 --> 01:10:53,800
Speaker 2: you any relief in the near term.

1382
01:10:55,000 --> 01:10:58,960
Speaker 21: Well, I think we're at the point now where we

1383
01:10:59,080 --> 01:11:01,680
Speaker 21: as a company have pivoted to move gas out of

1384
01:11:01,720 --> 01:11:07,519
Speaker 21: our generation our baseload generation profile, simply because we don't

1385
01:11:07,560 --> 01:11:10,519
Speaker 21: see any new activity happening at the moment. So we've

1386
01:11:10,560 --> 01:11:13,160
Speaker 21: got no proof points to say that gas will be

1387
01:11:13,240 --> 01:11:16,280
Speaker 21: there in the future, and it's declining at a rapid

1388
01:11:16,360 --> 01:11:17,120
Speaker 21: rate at the moment.

1389
01:11:17,880 --> 01:11:19,880
Speaker 2: Does what does that mean? You mentioned you want to

1390
01:11:20,000 --> 01:11:25,280
Speaker 2: transition from coal to biofuel at Huntley without getting gas involved,

1391
01:11:25,320 --> 01:11:28,320
Speaker 2: So does that mean that that process will take longer?

1392
01:11:28,360 --> 01:11:30,200
Speaker 2: When do you expect that you might be able to

1393
01:11:30,200 --> 01:11:31,200
Speaker 2: be coal free there?

1394
01:11:32,360 --> 01:11:35,800
Speaker 21: We're hoping that we'll have our first meaningful biomass supplies

1395
01:11:35,840 --> 01:11:39,640
Speaker 21: by twenty twenty eight, and that we'll be running predominantly

1396
01:11:40,200 --> 01:11:43,800
Speaker 21: on biomass by around two thousand and thirty. In an

1397
01:11:43,880 --> 01:11:46,840
Speaker 21: extreme dry year, we're possibly still going to have to

1398
01:11:46,960 --> 01:11:50,439
Speaker 21: use some coal. But to give you a sense, every

1399
01:11:50,520 --> 01:11:54,679
Speaker 21: year the felled logs in New Zealand could generate roughly

1400
01:11:54,720 --> 01:11:59,120
Speaker 21: a quarter of all New Zealands generate electricity. Today so

1401
01:11:59,520 --> 01:12:03,640
Speaker 21: the forest of New Zealand represent a huge opportunity for

1402
01:12:03,720 --> 01:12:08,120
Speaker 21: a zero carbon cycle generation option to back up wind

1403
01:12:08,680 --> 01:12:11,080
Speaker 21: an hydro this idea.

1404
01:12:11,200 --> 01:12:13,920
Speaker 2: The labor's been floating actually quite loudly this week about

1405
01:12:14,000 --> 01:12:16,639
Speaker 2: making the gent tailors reinvest their dividends rather than giving

1406
01:12:16,680 --> 01:12:19,280
Speaker 2: it to the government. Reinvest the dividends and new generation.

1407
01:12:19,479 --> 01:12:20,280
Speaker 2: Are you open to that.

1408
01:12:21,600 --> 01:12:25,080
Speaker 21: Well, we run a dividend reinvestment program now, so any

1409
01:12:25,120 --> 01:12:28,599
Speaker 21: government at any stage could tick reinvestment and reinvest all

1410
01:12:28,600 --> 01:12:31,799
Speaker 21: their dividends in genesis at any point we would funnel

1411
01:12:31,840 --> 01:12:34,800
Speaker 21: that into building new renewables, So obviously we'd welcome that.

1412
01:12:35,000 --> 01:12:36,800
Speaker 2: So it'd be quite an easy thing to do.

1413
01:12:38,479 --> 01:12:40,840
Speaker 21: It's just a simple tech on a form and your

1414
01:12:40,840 --> 01:12:43,200
Speaker 21: dividends go into building new renewables.

1415
01:12:43,400 --> 01:12:45,639
Speaker 2: Do we need more renewables built?

1416
01:12:46,720 --> 01:12:51,799
Speaker 21: We do. The reality is that we need a substantial amount,

1417
01:12:51,920 --> 01:12:54,559
Speaker 21: probably in the order of ten to twenty billion over

1418
01:12:54,600 --> 01:12:58,320
Speaker 21: the next twenty five years worth of new renewables built.

1419
01:12:59,400 --> 01:13:02,479
Speaker 21: And and that's because we're going to electrify more and

1420
01:13:02,520 --> 01:13:04,640
Speaker 21: more of our lives as we go forward over the

1421
01:13:04,640 --> 01:13:07,160
Speaker 21: next twenty years. So it's absolutely essential.

1422
01:13:07,560 --> 01:13:09,439
Speaker 2: Is it frustrating them when you get the form back

1423
01:13:09,479 --> 01:13:14,640
Speaker 2: from the government and they haven't ticked that box's.

1424
01:13:13,400 --> 01:13:16,160
Speaker 21: That's the decision for all shareholders to make. What we're

1425
01:13:16,200 --> 01:13:19,840
Speaker 21: really clear is that anyone who ticks the dividend Reinvestment

1426
01:13:19,960 --> 01:13:23,120
Speaker 21: Form that money will go into building you renewables.

1427
01:13:23,320 --> 01:13:25,080
Speaker 2: Malcolm, thank you very much for your time. I appreciate

1428
01:13:25,120 --> 01:13:29,000
Speaker 2: it. It's Malcolm John, thank you, Chief executive at Genesis. Time

1429
01:13:29,080 --> 01:13:31,360
Speaker 2: is thirteen minutes after six year on news Talks. He'll

1430
01:13:31,400 --> 01:13:33,120
Speaker 2: be nine two nine too, is the number of text

1431
01:13:33,160 --> 01:13:36,519
Speaker 2: if you've got thoughts on that. I found that very interesting, indeed,

1432
01:13:36,600 --> 01:13:40,760
Speaker 2: particularly this idea that they basically don't see gases going

1433
01:13:40,840 --> 01:13:44,799
Speaker 2: anywhere in New Zealand. And I guess you can understand

1434
01:13:44,880 --> 01:13:47,120
Speaker 2: that because even though the government has been talking very

1435
01:13:47,160 --> 01:13:49,000
Speaker 2: loudly about the stuff that they're doing with this, it's

1436
01:13:49,080 --> 01:13:50,120
Speaker 2: more of a long term game.

1437
01:13:50,200 --> 01:13:50,360
Speaker 21: Right.

1438
01:13:50,400 --> 01:13:51,879
Speaker 2: Barry Soaper is here with politics.

1439
01:13:51,880 --> 01:13:55,719
Speaker 1: Next, it's the Heather Duper c Allen Drive Full Show

1440
01:13:55,760 --> 01:13:59,680
Speaker 1: podcast on iHeartRadio, empowered by News Talk Zebbie.

1441
01:14:00,479 --> 01:14:02,680
Speaker 2: Six sixteen News Talk z B. Let's take a look

1442
01:14:02,720 --> 01:14:05,000
Speaker 2: back at the week in politics Barry Soap as he

1443
01:14:05,000 --> 01:14:06,719
Speaker 2: has senior political correspondent Geto.

1444
01:14:06,600 --> 01:14:08,200
Speaker 8: Barry Hello again right.

1445
01:14:08,320 --> 01:14:11,080
Speaker 2: Now, stats nd z. The boss has fallen on his sword.

1446
01:14:11,200 --> 01:14:13,160
Speaker 2: So much to talk about from this week, by the way,

1447
01:14:13,560 --> 01:14:16,000
Speaker 2: big political week, but we'll get straight into it. So

1448
01:14:16,040 --> 01:14:20,439
Speaker 2: we've got the Maori Party, it's so far unscathed by

1449
01:14:20,520 --> 01:14:23,040
Speaker 2: this report. But stats end z boss on the way out.

1450
01:14:23,240 --> 01:14:25,240
Speaker 8: Well, yeah, the stats ends z Boss. I think he

1451
01:14:25,520 --> 01:14:28,320
Speaker 8: probably did the right thing, but it was expected of him.

1452
01:14:28,840 --> 01:14:32,840
Speaker 8: I think Brian Roach, the new State Services Commissioner, made

1453
01:14:33,080 --> 01:14:37,679
Speaker 8: no secret of the fact that he did the right thing,

1454
01:14:37,720 --> 01:14:41,519
Speaker 8: which suggests to me that he had no option. But

1455
01:14:41,600 --> 01:14:44,439
Speaker 8: as far as the Maldi Party go, we see John

1456
01:14:44,479 --> 01:14:49,839
Speaker 8: Tammaherdy in his selective interviews that he gives did admit

1457
01:14:49,960 --> 01:14:54,320
Speaker 8: that some census forms had been photo copied at the

1458
01:14:54,800 --> 01:14:58,320
Speaker 8: Morai that was at the center of all this that

1459
01:14:58,439 --> 01:15:01,960
Speaker 8: saw the Chief execut of the my making it into

1460
01:15:02,000 --> 01:15:05,960
Speaker 8: Parliament with a majority of forty two over Penny Henard.

1461
01:15:07,200 --> 01:15:11,400
Speaker 8: And why they photo copied them is anyone as gis.

1462
01:15:12,400 --> 01:15:16,400
Speaker 8: But the bigger question really is how come a mara

1463
01:15:16,760 --> 01:15:21,639
Speaker 8: at the center of a political I guess not only

1464
01:15:21,760 --> 01:15:26,080
Speaker 8: data base but power base was a polling booth at

1465
01:15:26,080 --> 01:15:32,240
Speaker 8: the last election, which seems extraordinary. The electoral officers apologized

1466
01:15:32,240 --> 01:15:35,360
Speaker 8: for that, but there's no excuse. We've really got to

1467
01:15:35,400 --> 01:15:38,800
Speaker 8: have clean elections in this country. We've got to as

1468
01:15:39,080 --> 01:15:42,080
Speaker 8: Brian Roach said, it cut to the heart of democracy.

1469
01:15:42,479 --> 01:15:47,920
Speaker 8: This whole issue where confidential information could have been and

1470
01:15:47,960 --> 01:15:51,360
Speaker 8: I only say could could have been used or misused

1471
01:15:51,640 --> 01:15:53,880
Speaker 8: by a political party. The police are looking at that,

1472
01:15:54,320 --> 01:15:57,280
Speaker 8: so too as the Privacy commissioners. So there's more to

1473
01:15:57,360 --> 01:15:58,840
Speaker 8: hear on this particular.

1474
01:15:58,520 --> 01:16:00,519
Speaker 2: Matter because as you say, at the moment, we don't

1475
01:16:00,520 --> 01:16:03,240
Speaker 2: know what we don't know. We know we have the data,

1476
01:16:03,400 --> 01:16:05,559
Speaker 2: we gave the data away and then we don't know

1477
01:16:05,560 --> 01:16:06,120
Speaker 2: what happened to it.

1478
01:16:06,280 --> 01:16:09,320
Speaker 8: No, and you know you have to worry really if

1479
01:16:09,360 --> 01:16:11,960
Speaker 8: you know, when you fill out of scenes as form,

1480
01:16:12,640 --> 01:16:16,160
Speaker 8: you give a lot of material there that you wouldn't

1481
01:16:16,160 --> 01:16:18,200
Speaker 8: want cheer around. Although I've got nothing to hide, I

1482
01:16:18,200 --> 01:16:19,120
Speaker 8: couldn't care less. No.

1483
01:16:19,320 --> 01:16:21,680
Speaker 2: But the irony of this is the people who they

1484
01:16:21,680 --> 01:16:23,760
Speaker 2: are trying to contact a lot of the times through

1485
01:16:23,800 --> 01:16:25,880
Speaker 2: the types of people who are a bit distrusting of

1486
01:16:25,920 --> 01:16:29,840
Speaker 2: government because they have a back door open with their data,

1487
01:16:29,880 --> 01:16:33,080
Speaker 2: and all they've done is in trying to solve that

1488
01:16:33,160 --> 01:16:37,280
Speaker 2: problem is actually exacerbated in the first place. The automatic

1489
01:16:37,360 --> 01:16:39,400
Speaker 2: pay rises for the public servants, well, a few of

1490
01:16:39,400 --> 01:16:43,320
Speaker 2: them don't deserve one this week. But the automatic pay rises.

1491
01:16:43,320 --> 01:16:46,639
Speaker 2: We chatted about this the other day, Barry. Yes, who

1492
01:16:47,000 --> 01:16:50,759
Speaker 2: in the private sector would be getting an automatic pay rise.

1493
01:16:50,560 --> 01:16:55,519
Speaker 8: To such exactly no one. The PSA are jumping up

1494
01:16:55,520 --> 01:16:59,040
Speaker 8: and down about this, saying that their members, most of

1495
01:16:59,080 --> 01:17:03,080
Speaker 8: whom are public soervants. What they all are, you know,

1496
01:17:02,479 --> 01:17:07,439
Speaker 8: they deserve to have yearly increments in their pay well,

1497
01:17:08,120 --> 01:17:11,680
Speaker 8: you know, providing they're good at their job, yes, give

1498
01:17:11,720 --> 01:17:12,479
Speaker 8: them a pay.

1499
01:17:12,320 --> 01:17:13,360
Speaker 3: Right if they're not.

1500
01:17:13,880 --> 01:17:16,800
Speaker 8: I mean, when you look at the pay bill to

1501
01:17:16,920 --> 01:17:22,000
Speaker 8: the taxpayer last year, six point five billion dollars for

1502
01:17:22,040 --> 01:17:26,679
Speaker 8: the public service wage packet up by five point six percent.

1503
01:17:27,240 --> 01:17:32,479
Speaker 8: Now under national, under national, that's exactly right. Because now

1504
01:17:32,520 --> 01:17:35,200
Speaker 8: you've got Brian Roach. Thank god they've brought old Brian

1505
01:17:35,439 --> 01:17:38,719
Speaker 8: on board because he's looking at a number of things,

1506
01:17:38,760 --> 01:17:42,479
Speaker 8: and it's like the chief executives of the public service

1507
01:17:42,520 --> 01:17:45,840
Speaker 8: as well at the moment they're appointed by him as

1508
01:17:45,920 --> 01:17:50,200
Speaker 8: the Public Service Commissioner. But Luxin has suggested this week

1509
01:17:50,240 --> 01:17:53,360
Speaker 8: and Art suggests there are major changes coming in the

1510
01:17:53,360 --> 01:17:58,360
Speaker 8: public service where you've got very talented people working but

1511
01:17:58,479 --> 01:18:02,880
Speaker 8: aren't getting the ignore knowledgement that they deserve. And you've

1512
01:18:02,880 --> 01:18:08,400
Speaker 8: got public servants in chief executives' positions that have simply

1513
01:18:08,760 --> 01:18:12,519
Speaker 8: been promoted through the ranks and one person tends to

1514
01:18:12,600 --> 01:18:15,640
Speaker 8: appoint them. Well, you know, maybe cabinet should have a

1515
01:18:15,640 --> 01:18:20,040
Speaker 8: bigger role. People would say that's politicizing the public service. Sorry,

1516
01:18:20,160 --> 01:18:21,360
Speaker 8: the public service.

1517
01:18:21,000 --> 01:18:25,240
Speaker 2: Has already politicized itself. Luxon and Judith Collins on this

1518
01:18:25,320 --> 01:18:27,960
Speaker 2: show last night said that they would increase defense spending

1519
01:18:28,000 --> 01:18:32,240
Speaker 2: closer to two percent of GDP. They haven't said, obviously

1520
01:18:32,240 --> 01:18:34,840
Speaker 2: how long it might happen to get there. The only

1521
01:18:34,880 --> 01:18:37,240
Speaker 2: clue we've got is this fifteen year defense plan that

1522
01:18:37,280 --> 01:18:40,280
Speaker 2: they haven't dropped yet. Perhaps in that they might suggest

1523
01:18:40,280 --> 01:18:42,000
Speaker 2: it will take us fifteen years together.

1524
01:18:43,200 --> 01:18:45,800
Speaker 8: I think that would be the safest bet, actually, Ryan,

1525
01:18:45,800 --> 01:18:50,160
Speaker 8: when you look at New Zealand's defense spending, it's just

1526
01:18:50,240 --> 01:18:53,519
Speaker 8: over one percent GDP, so they're going to have to

1527
01:18:53,600 --> 01:18:57,719
Speaker 8: double it, and who only knows what period of time

1528
01:18:58,479 --> 01:19:01,479
Speaker 8: there are you know, other politicians that say we should

1529
01:19:01,479 --> 01:19:04,679
Speaker 8: be spending more, but you know, that's a massive pat

1530
01:19:05,080 --> 01:19:06,639
Speaker 8: budget for a country like ours.

1531
01:19:06,640 --> 01:19:09,360
Speaker 2: And the operating allowance that Nichola Willis has got to

1532
01:19:10,080 --> 01:19:10,840
Speaker 2: work with.

1533
01:19:11,400 --> 01:19:11,559
Speaker 3: You know.

1534
01:19:12,160 --> 01:19:15,559
Speaker 2: True, the whole thing up happens out exactly interesting what

1535
01:19:15,640 --> 01:19:18,400
Speaker 2: Chris Hipkins said about it this week, he said, oh, look,

1536
01:19:18,439 --> 01:19:21,120
Speaker 2: you know, we do need to spend more. It's not

1537
01:19:21,240 --> 01:19:24,280
Speaker 2: about how much we spend, it's about whatever we need

1538
01:19:24,320 --> 01:19:26,880
Speaker 2: to have, we'll spend the money on. So it sounds

1539
01:19:26,920 --> 01:19:30,400
Speaker 2: to me like, you know, an empty check.

1540
01:19:30,560 --> 01:19:30,800
Speaker 3: Yeah.

1541
01:19:30,880 --> 01:19:33,680
Speaker 8: Well, you know the problem is that when you look

1542
01:19:33,720 --> 01:19:36,200
Speaker 8: at a country like New Zealand, our role has always,

1543
01:19:36,320 --> 01:19:40,480
Speaker 8: essentially since the Last World War, been in a peacekeeping

1544
01:19:40,560 --> 01:19:44,040
Speaker 8: role that does cost a lot of money. But we

1545
01:19:44,120 --> 01:19:48,120
Speaker 8: had these old land vehicles, lads, why the hell do

1546
01:19:48,200 --> 01:19:48,880
Speaker 8: we have those?

1547
01:19:49,680 --> 01:19:52,120
Speaker 2: We could even get rid of them, we could even

1548
01:19:52,160 --> 01:19:52,840
Speaker 2: sell them no one.

1549
01:19:54,280 --> 01:19:58,240
Speaker 8: You know, there's been so many mistakes made in defense

1550
01:19:58,280 --> 01:20:01,320
Speaker 8: procurement in this country that I don't think we need.

1551
01:20:01,360 --> 01:20:05,080
Speaker 8: We need expertise, and that is in the peacekeeping role

1552
01:20:05,120 --> 01:20:05,920
Speaker 8: and what have you.

1553
01:20:06,000 --> 01:20:09,760
Speaker 2: Well, perhaps we should be spending our money on satellite

1554
01:20:10,240 --> 01:20:14,080
Speaker 2: you know, we've got Mahir, we've got rocket Lab. Perhaps

1555
01:20:14,080 --> 01:20:17,120
Speaker 2: that sort of intelligent satellite tracking st Maybe that's where

1556
01:20:17,120 --> 01:20:19,720
Speaker 2: we should be spending exactly it and.

1557
01:20:20,000 --> 01:20:22,519
Speaker 8: New Zealand should be leaders in that, and we are

1558
01:20:22,560 --> 01:20:26,920
Speaker 8: good trainers and we've you know, we've been training Ukrainian

1559
01:20:26,960 --> 01:20:31,760
Speaker 8: troops in Britain mainly, so we are good at that role.

1560
01:20:31,840 --> 01:20:34,880
Speaker 8: But I think we should really cut our cloth.

1561
01:20:35,680 --> 01:20:37,600
Speaker 2: Sounds like it. Barry, thank you very much for that,

1562
01:20:37,760 --> 01:20:42,360
Speaker 2: very Soper, Senior political correspondent. That's the Defense force budget allocation,

1563
01:20:42,479 --> 01:20:45,639
Speaker 2: according to Barry and I. It's just gone twenty three

1564
01:20:45,640 --> 01:20:48,360
Speaker 2: minutes after six year on News Talk SEB. Spark is

1565
01:20:48,400 --> 01:20:52,360
Speaker 2: having a terrible day on the stock market late afternoon

1566
01:20:52,400 --> 01:20:54,479
Speaker 2: training has been very very bad for them. We'll get

1567
01:20:54,479 --> 01:20:55,639
Speaker 2: to details on that.

1568
01:20:55,600 --> 01:20:59,679
Speaker 1: Next encroaching the numbers and getting the results. It's rain Bridge,

1569
01:21:00,160 --> 01:21:04,679
Speaker 1: the Business Hour and mass Insurance and investments, Grew your Wealth,

1570
01:21:04,840 --> 01:21:07,720
Speaker 1: Protect your future, can use talks VB.

1571
01:21:08,280 --> 01:21:10,600
Speaker 2: Twenty six after six News Talks ZB. Well, this is

1572
01:21:10,600 --> 01:21:13,080
Speaker 2: the Business Hour. And if there's a business you don't

1573
01:21:13,120 --> 01:21:15,600
Speaker 2: want to be in today, if there's a CEO you

1574
01:21:15,640 --> 01:21:18,679
Speaker 2: don't want to be today, it is Spark. So Spark

1575
01:21:18,800 --> 01:21:23,120
Speaker 2: has announced their results. Seventy eight percent fall in net profit,

1576
01:21:23,760 --> 01:21:26,040
Speaker 2: seventy eight percent fall in net profit. This is for

1577
01:21:26,040 --> 01:21:28,040
Speaker 2: the first half of twenty twenty five. We've of course

1578
01:21:28,080 --> 01:21:29,960
Speaker 2: been reporting on a whole bunch of these companies this

1579
01:21:30,120 --> 01:21:33,920
Speaker 2: week a net profit now just thirty five million dollars

1580
01:21:33,960 --> 01:21:37,880
Speaker 2: for that six month period. They have also gone ahead

1581
01:21:37,920 --> 01:21:42,160
Speaker 2: today and reduced their full year earnings guidance. That is down,

1582
01:21:42,240 --> 01:21:45,160
Speaker 2: but they're still paying the same dividend, mind you, she

1583
01:21:45,439 --> 01:21:48,080
Speaker 2: is now. Remember Spark. We've spoken about this before the

1584
01:21:48,080 --> 01:21:51,639
Speaker 2: fact that Spark's shares are already down about forty two

1585
01:21:51,760 --> 01:21:55,080
Speaker 2: percent over the last two years. And you think that

1586
01:21:55,160 --> 01:21:58,080
Speaker 2: sounds really bad. Forty two percent, Well it is really bad.

1587
01:21:58,479 --> 01:22:01,240
Speaker 2: But today, just in the space of a few hours,

1588
01:22:01,760 --> 01:22:04,920
Speaker 2: they've gone from that. Their share price has gone to

1589
01:22:04,960 --> 01:22:07,120
Speaker 2: two dollars thirty two a share now, that is down

1590
01:22:07,240 --> 01:22:11,759
Speaker 2: twenty one percent. Let me quantify that for you. Twenty

1591
01:22:11,800 --> 01:22:15,200
Speaker 2: one percent drop. Early afternoon, the shares worth two dollars

1592
01:22:15,200 --> 01:22:17,840
Speaker 2: thirty two. Last night when we went to bed, it

1593
01:22:17,920 --> 01:22:21,960
Speaker 2: was two dollars ninety three. That means they've gone from

1594
01:22:22,000 --> 01:22:25,120
Speaker 2: a market cap of five point four billion to four

1595
01:22:25,200 --> 01:22:27,880
Speaker 2: point two billion. This New Zealand company has just had

1596
01:22:27,880 --> 01:22:30,680
Speaker 2: more than a billion dollars of its value wiped off

1597
01:22:30,680 --> 01:22:33,759
Speaker 2: the face of the planet. While we've been sitting around,

1598
01:22:33,800 --> 01:22:35,479
Speaker 2: you know, you've been sitting at home, having a couple

1599
01:22:35,520 --> 01:22:38,519
Speaker 2: of Beers just gone twenty eight minutes after six here

1600
01:22:38,560 --> 01:22:40,280
Speaker 2: on news Talk said b We're heading to Hong Kong

1601
01:22:40,360 --> 01:23:01,880
Speaker 2: and to London after the news.

1602
01:23:04,439 --> 01:23:08,639
Speaker 1: Whether it's macro, microbe or just plain economics, it's all

1603
01:23:08,680 --> 01:23:12,800
Speaker 1: on the business hours with Ryan Bridge and Mairs Insurance

1604
01:23:12,840 --> 01:23:13,640
Speaker 1: and investments.

1605
01:23:14,040 --> 01:23:16,920
Speaker 3: Grow your wealth, protect your future. These Talk said, be.

1606
01:23:17,960 --> 01:23:19,200
Speaker 5: Is you feeling down?

1607
01:23:19,680 --> 01:23:22,240
Speaker 3: Just solemn? Did you have a bay.

1608
01:23:23,760 --> 01:23:24,400
Speaker 8: Than jod evening?

1609
01:23:24,439 --> 01:23:26,840
Speaker 2: Welcome to you Friday, twenty four minutes away from seven.

1610
01:23:26,960 --> 01:23:29,760
Speaker 2: Just a little more on the value of Spark, which

1611
01:23:29,760 --> 01:23:33,160
Speaker 2: has dropped by roughly a billion dollars on the Stock

1612
01:23:33,240 --> 01:23:37,479
Speaker 2: Exchange today as a response to its annual well sorry,

1613
01:23:37,520 --> 01:23:40,200
Speaker 2: hearpierly results seventy eight percent drop in net profit to

1614
01:23:40,360 --> 01:23:43,479
Speaker 2: thirty five million dollars. Just some commentary around it for you.

1615
01:23:43,680 --> 01:23:47,599
Speaker 2: Cash generation was weak. The big surprise for investors today

1616
01:23:47,640 --> 01:23:50,599
Speaker 2: was the fact that the operating expenses, which you know

1617
01:23:50,640 --> 01:23:53,040
Speaker 2: you would think that start hacking into if you are

1618
01:23:53,720 --> 01:23:55,840
Speaker 2: your share price has been tanking because you're not making

1619
01:23:55,920 --> 01:23:59,040
Speaker 2: enough money. You think you start raining and cost However,

1620
01:23:59,640 --> 01:24:01,840
Speaker 2: the big surprise today for investors was the fact that

1621
01:24:01,920 --> 01:24:06,240
Speaker 2: basically the operating expenses hadn't moved relative to last year

1622
01:24:06,560 --> 01:24:09,280
Speaker 2: and also relative to how they guided, how they said

1623
01:24:09,320 --> 01:24:12,000
Speaker 2: to the market that they expected it would go now.

1624
01:24:12,120 --> 01:24:15,040
Speaker 2: This is from Forsyth Bar. The share price reaction today

1625
01:24:15,040 --> 01:24:18,080
Speaker 2: clearly is a reflection of shareholders being disappointed with the

1626
01:24:18,120 --> 01:24:21,280
Speaker 2: results and potentially an indication that shareholders have lost a

1627
01:24:21,320 --> 01:24:24,200
Speaker 2: bit of faith in the current management and the board's

1628
01:24:24,240 --> 01:24:27,360
Speaker 2: ability to turn it round. Chris Keel is a reporter

1629
01:24:27,479 --> 01:24:30,360
Speaker 2: with The Herald. He's done a story, it's quite good.

1630
01:24:30,360 --> 01:24:33,760
Speaker 2: He opens with a conversation he has with the chief executive,

1631
01:24:34,120 --> 01:24:38,080
Speaker 2: the CEO, Jolie Hodson. He says, will we see any

1632
01:24:38,160 --> 01:24:42,439
Speaker 2: executive changes? She says, no, there are no changes, and

1633
01:24:42,479 --> 01:24:44,680
Speaker 2: I've got none to share with you. Our focus is

1634
01:24:44,720 --> 01:24:48,000
Speaker 2: on making sure we're executing at pace. He says, are

1635
01:24:48,040 --> 01:24:51,320
Speaker 2: you confident in your own position? She says, My focuses

1636
01:24:51,320 --> 01:24:53,559
Speaker 2: one hundred percent on making sure Spark is doing the

1637
01:24:53,600 --> 01:24:55,599
Speaker 2: things we need to do to address the markets we're in.

1638
01:24:57,000 --> 01:25:00,200
Speaker 2: There you go. Billion dollars later, it's twenty three minutes away.

1639
01:25:00,080 --> 01:25:01,679
Speaker 3: From seven Brian Bridge.

1640
01:25:02,200 --> 01:25:05,040
Speaker 2: Peter Lewis is Asia business correspondent. He's with us tonight,

1641
01:25:05,120 --> 01:25:08,920
Speaker 2: Hypeter Good evening. Ryan Shi Jinping has had a meeting

1642
01:25:09,000 --> 01:25:12,200
Speaker 2: with some pretty prominent entrepreneurs this week. What is the

1643
01:25:12,280 --> 01:25:14,840
Speaker 2: message that he's sending to the business community there.

1644
01:25:15,680 --> 01:25:19,720
Speaker 23: Well, I think he's sending a message that technology and

1645
01:25:19,880 --> 01:25:24,200
Speaker 23: private the private sector is absolutely essential to growth in

1646
01:25:24,320 --> 01:25:27,759
Speaker 23: China going forward, and that if they want to counter

1647
01:25:28,240 --> 01:25:31,519
Speaker 23: Donald Trump and all his various tariffs, the best way

1648
01:25:31,560 --> 01:25:33,760
Speaker 23: is to be able to rely on the large domestic

1649
01:25:33,800 --> 01:25:37,080
Speaker 23: economy that China has and to grow that and to

1650
01:25:37,120 --> 01:25:42,439
Speaker 23: boost consumption. Now, this meeting was very unusual because President

1651
01:25:42,560 --> 01:25:47,040
Speaker 23: she doesn't normally meet with private sector executives, and in fact,

1652
01:25:47,040 --> 01:25:50,439
Speaker 23: the last time he did so about four years ago,

1653
01:25:51,439 --> 01:25:55,120
Speaker 23: that started a clampdown on a lot of private companies

1654
01:25:55,280 --> 01:25:59,200
Speaker 23: like Ali Barba, like ten Cents, which really hit the

1655
01:25:59,200 --> 01:26:03,080
Speaker 23: share prices of all these companies. They were subjected to

1656
01:26:03,160 --> 01:26:07,840
Speaker 23: investigations that went on for years for fines, and he

1657
01:26:07,880 --> 01:26:10,800
Speaker 23: basically took the view that these companies were only allowed

1658
01:26:10,840 --> 01:26:14,320
Speaker 23: to exist with the permission of the state, and therefore

1659
01:26:14,360 --> 01:26:17,519
Speaker 23: they were subservient to the states, and that's what really

1660
01:26:17,600 --> 01:26:20,920
Speaker 23: led to this big crackdown and the demise of the

1661
01:26:21,000 --> 01:26:24,759
Speaker 23: Chinese stock market. Well, that seems to have all changed.

1662
01:26:25,320 --> 01:26:28,479
Speaker 23: President She seems to be delivering a different message now,

1663
01:26:28,960 --> 01:26:31,280
Speaker 23: and it was probably highlighted most of all by the

1664
01:26:31,280 --> 01:26:35,080
Speaker 23: reappearance of Jack Mar, the founder of Ali Barba. He's

1665
01:26:35,160 --> 01:26:39,080
Speaker 23: really been in exile since about twenty twenty when Ali

1666
01:26:39,120 --> 01:26:44,320
Speaker 23: Barba got clamped on by Beijing after he criticized the

1667
01:26:44,360 --> 01:26:50,719
Speaker 23: regulators for lack of innovation, and that you may remember

1668
01:26:50,720 --> 01:26:55,200
Speaker 23: that the Ants Group IPO was suddenly canceled at the

1669
01:26:55,280 --> 01:26:57,439
Speaker 23: very last minute. It was going to be the biggest

1670
01:26:57,520 --> 01:27:02,920
Speaker 23: Chinese IPO ever, So he went into exile in Japan. Well,

1671
01:27:02,920 --> 01:27:06,240
Speaker 23: he reappeared at this meeting, shook hands with President she

1672
01:27:06,520 --> 01:27:10,280
Speaker 23: So it really was very symbolic that Jack Marr was back,

1673
01:27:10,479 --> 01:27:13,960
Speaker 23: that Ali Barba was back, and these companies were going

1674
01:27:14,000 --> 01:27:17,000
Speaker 23: to be allowed to prosper once again.

1675
01:27:18,160 --> 01:27:18,680
Speaker 3: Excuse me.

1676
01:27:19,160 --> 01:27:22,720
Speaker 23: It's really boosted the share price of these companies. Ali

1677
01:27:22,760 --> 01:27:25,639
Speaker 23: Barber's up about eleven percent a day following its results

1678
01:27:26,360 --> 01:27:29,479
Speaker 23: last night. It's risen about fifty percent in just the

1679
01:27:29,560 --> 01:27:32,559
Speaker 23: last month. I did about one hundred billion dollars in

1680
01:27:32,680 --> 01:27:37,040
Speaker 23: market cap. But that's being reflected by a lot of

1681
01:27:37,040 --> 01:27:39,760
Speaker 23: other tech companies that are listed here in Hong Kong

1682
01:27:39,760 --> 01:27:42,120
Speaker 23: at the moment as well, that are really surging right now.

1683
01:27:43,200 --> 01:27:47,040
Speaker 2: How much of that is to do with the Chinese government.

1684
01:27:47,080 --> 01:27:49,679
Speaker 2: How much does it do with Beijing needing growth?

1685
01:27:50,720 --> 01:27:50,920
Speaker 17: Oh?

1686
01:27:50,920 --> 01:27:55,960
Speaker 23: Absolutely, they really do need to grow their economy. It

1687
01:27:56,080 --> 01:28:00,960
Speaker 23: is very much in the doldrums. People aren't spending and

1688
01:28:01,200 --> 01:28:06,080
Speaker 23: consumption international compared with international levels is very low. In China,

1689
01:28:06,120 --> 01:28:09,439
Speaker 23: it's about forty percent of GDP. Well, in the US

1690
01:28:09,920 --> 01:28:14,040
Speaker 23: it's more than three quarters of GDP. So they really

1691
01:28:14,080 --> 01:28:19,000
Speaker 23: need to boost their domestic economy, get consumers spending, and

1692
01:28:19,120 --> 01:28:20,840
Speaker 23: technology is going to be one of the ways in

1693
01:28:20,840 --> 01:28:23,320
Speaker 23: which that's going to be done, the adoption of AI

1694
01:28:24,479 --> 01:28:29,040
Speaker 23: and more advanced technology, of green technology. Really, these companies

1695
01:28:29,120 --> 01:28:32,360
Speaker 23: need to boost those areas and that will feed through

1696
01:28:32,400 --> 01:28:36,639
Speaker 23: to consumption and economic growth. So these companies are absolutely

1697
01:28:36,760 --> 01:28:40,960
Speaker 23: essential to China meeting its growth targets and being able

1698
01:28:41,880 --> 01:28:45,040
Speaker 23: to fight back against the Donald Trump's tariffs which have

1699
01:28:45,120 --> 01:28:46,120
Speaker 23: been put on the country.

1700
01:28:46,479 --> 01:28:50,559
Speaker 2: Speaking of which, Peter, we've got Trump Beshing is chased

1701
01:28:50,560 --> 01:28:53,599
Speaker 2: over in the US from the White House about reciprocal terrorists,

1702
01:28:53,640 --> 01:28:55,960
Speaker 2: and then Mode in India is looking at all of

1703
01:28:56,000 --> 01:28:58,160
Speaker 2: this and he's actually starting to move He starting to

1704
01:28:58,200 --> 01:29:00,080
Speaker 2: cut some import Texas.

1705
01:29:00,400 --> 01:29:03,200
Speaker 23: Yes, so well, India's in an interesting position. I mean,

1706
01:29:03,240 --> 01:29:08,040
Speaker 23: it really wants to develop ties, cultivate ties with both

1707
01:29:08,080 --> 01:29:12,080
Speaker 23: the US and with China. It doesn't want to take sides,

1708
01:29:12,640 --> 01:29:15,160
Speaker 23: and it's been walking this incredible tight rope for about

1709
01:29:15,200 --> 01:29:18,679
Speaker 23: the last two years now where it's sort of almost

1710
01:29:18,680 --> 01:29:21,240
Speaker 23: trying to play the two off against each other and

1711
01:29:21,320 --> 01:29:24,599
Speaker 23: benefit from both sides. But it can't really afford at

1712
01:29:24,600 --> 01:29:28,280
Speaker 23: this stage in its growth to have sweeping tariffs from

1713
01:29:28,320 --> 01:29:32,599
Speaker 23: the US, and it does have very high tariffs itself

1714
01:29:33,400 --> 01:29:38,080
Speaker 23: on international goods going into China, for example, into India

1715
01:29:38,160 --> 01:29:43,000
Speaker 23: on motorcycles, for example, there's one hundred percent tariffs on import.

1716
01:29:43,920 --> 01:29:47,280
Speaker 23: So Trump's tariff threats aren't having an impact. Mode has

1717
01:29:47,280 --> 01:29:50,559
Speaker 23: been over to see him at the White House. They're

1718
01:29:50,600 --> 01:29:55,920
Speaker 23: talking about a wide ranging trade agreement and cutting India's

1719
01:29:56,000 --> 01:29:59,639
Speaker 23: tariffs to make it more competitive, not just for the US,

1720
01:30:00,160 --> 01:30:02,680
Speaker 23: for other countries to be able to export there and

1721
01:30:02,720 --> 01:30:05,439
Speaker 23: do business there. Now, that's going to be good for India.

1722
01:30:06,080 --> 01:30:08,720
Speaker 23: I mean, India is one of the fastest growing economies

1723
01:30:09,360 --> 01:30:12,240
Speaker 23: in Asia, but it needs to keep that going because

1724
01:30:12,280 --> 01:30:15,400
Speaker 23: it's got a very large population, a lot of young

1725
01:30:15,479 --> 01:30:19,679
Speaker 23: people who need jobs. So it's absolutely essential that growth

1726
01:30:19,760 --> 01:30:23,360
Speaker 23: is maintained. Around at least six percent. We have been

1727
01:30:23,400 --> 01:30:26,280
Speaker 23: seeing eight percent over the last couple of years, but

1728
01:30:26,320 --> 01:30:29,880
Speaker 23: it has slowed off a bit in the last few months.

1729
01:30:30,360 --> 01:30:34,520
Speaker 23: So it's probably a sensible response to actually try and

1730
01:30:34,720 --> 01:30:38,080
Speaker 23: reduce its own tariffs to mitigate the impact of Donald

1731
01:30:38,120 --> 01:30:38,960
Speaker 23: Trump's tariffs.

1732
01:30:39,880 --> 01:30:43,439
Speaker 2: Peter, Singapore's announced vouchers and tax breaks to help people

1733
01:30:43,439 --> 01:30:44,559
Speaker 2: with the rising cost of living.

1734
01:30:45,560 --> 01:30:48,960
Speaker 23: Yeah, there's going to be six hundred dollars worth of

1735
01:30:49,160 --> 01:30:53,880
Speaker 23: Singapore dollars worth of vouchers. Old people are also going

1736
01:30:53,880 --> 01:30:56,679
Speaker 23: to get an extra I think two hundred dollars each

1737
01:30:56,800 --> 01:31:00,679
Speaker 23: to try and boost the economy there. There's an election

1738
01:31:00,840 --> 01:31:04,360
Speaker 23: coming up later this year, so obviously that's part of it,

1739
01:31:04,479 --> 01:31:10,160
Speaker 23: and these handouts will hopefully help alleviate some of the

1740
01:31:10,200 --> 01:31:12,519
Speaker 23: cost of living pressures. Singapore is one of the most

1741
01:31:12,560 --> 01:31:16,840
Speaker 23: expensive cities in the world to live. Housing costs are

1742
01:31:16,920 --> 01:31:20,280
Speaker 23: extremely expensive, so there is a real cost of living

1743
01:31:20,320 --> 01:31:24,200
Speaker 23: problem in Singapore that the government needs to address, and

1744
01:31:24,240 --> 01:31:28,040
Speaker 23: the way it's doing that is through these consumption vouchers.

1745
01:31:29,479 --> 01:31:31,639
Speaker 2: Fascinating stuff, Peter, Thank you very much for that. Pedal

1746
01:31:31,680 --> 01:31:34,439
Speaker 2: Lewis Asia Business correspondent with US just gone sixteen minutes

1747
01:31:34,479 --> 01:31:36,719
Speaker 2: away from seven. We're heading to a very different continent

1748
01:31:36,760 --> 01:31:38,640
Speaker 2: in just a few moments. In Europe, there is a

1749
01:31:38,640 --> 01:31:40,679
Speaker 2: big election happening this week and you might have heard

1750
01:31:40,680 --> 01:31:44,080
Speaker 2: about it. It's the German election, and there's going to be,

1751
01:31:44,520 --> 01:31:46,799
Speaker 2: at least if you listen to the polls, a huge

1752
01:31:47,000 --> 01:31:49,200
Speaker 2: shift in that country. Gavin grayle fill us in.

1753
01:31:49,200 --> 01:31:53,719
Speaker 1: Next, everything from SMEs to the big corporates, The Business

1754
01:31:53,760 --> 01:31:58,439
Speaker 1: Hour with Ryan Bridge and Player's Insurance and investments, Grow

1755
01:31:58,479 --> 01:32:01,200
Speaker 1: your Wealth, Protect your Future, news talks, they'd.

1756
01:32:01,040 --> 01:32:04,000
Speaker 2: Be thirteen minutes away from seven. You're on news talks.

1757
01:32:04,000 --> 01:32:07,480
Speaker 2: There'd be Now. The US consumer has been pretty resilient

1758
01:32:07,560 --> 01:32:10,800
Speaker 2: through the whole financial crisis, basically through the whole cost

1759
01:32:10,880 --> 01:32:12,360
Speaker 2: of living crisis. But there was a bit of an

1760
01:32:12,360 --> 01:32:15,880
Speaker 2: alarm bell today sounded by Walmart. So this is the

1761
01:32:15,880 --> 01:32:19,759
Speaker 2: world's largest retailer, and the forecast was a bit bleak

1762
01:32:19,840 --> 01:32:22,080
Speaker 2: from them. They said that inflation. They're looking at Trump

1763
01:32:22,160 --> 01:32:26,160
Speaker 2: and they're saying, wow, potential for inflation, tariffs. They're worrying

1764
01:32:26,240 --> 01:32:29,120
Speaker 2: us that they could hurt the bottom line. Main Street

1765
01:32:29,160 --> 01:32:32,200
Speaker 2: could be hit, the US consumer could pull back anyway.

1766
01:32:32,240 --> 01:32:34,200
Speaker 2: The doub Jones four. Walmart was down one and a

1767
01:32:34,200 --> 01:32:37,040
Speaker 2: half percent of its worst trough today and then was

1768
01:32:37,080 --> 01:32:39,360
Speaker 2: back up a bit by day's end, just gone twelve

1769
01:32:39,360 --> 01:32:43,360
Speaker 2: minutes away from seven. Gavin Gray is our UK correspondent,

1770
01:32:43,400 --> 01:32:48,240
Speaker 2: Gavin Good evening, either big weekend this weekend, Germany's heading

1771
01:32:48,240 --> 01:32:50,280
Speaker 2: to the polls. This is not just going to be

1772
01:32:50,280 --> 01:32:52,959
Speaker 2: a different government, but a very different look in Europe.

1773
01:32:53,920 --> 01:32:56,839
Speaker 24: Yeah, I think so. And of course you know Germany

1774
01:32:57,040 --> 01:33:00,320
Speaker 24: right at the heart of Europe, Ryan and where looking

1775
01:33:00,360 --> 01:33:03,320
Speaker 24: probably at seeing ol our Schultz lose. That's according to

1776
01:33:03,320 --> 01:33:07,840
Speaker 24: opinion polls, that the leader will lose, and quite potentially again,

1777
01:33:07,880 --> 01:33:11,559
Speaker 24: according to opinion polls, a large rise in right wing

1778
01:33:11,680 --> 01:33:15,719
Speaker 24: and far right voting. Now, of course German government's always

1779
01:33:15,760 --> 01:33:19,200
Speaker 24: composed of coalitions, but if the opinion polls are right,

1780
01:33:19,360 --> 01:33:21,720
Speaker 24: it's going to be very difficult for anyone to form

1781
01:33:21,760 --> 01:33:25,840
Speaker 24: a coalition without involving the far right parties. And that

1782
01:33:25,960 --> 01:33:29,439
Speaker 24: is because the AfD, the alternative for Deutschelen, has seen

1783
01:33:29,439 --> 01:33:33,040
Speaker 24: a huge rise in support. The battleground has been over

1784
01:33:33,080 --> 01:33:37,320
Speaker 24: the economy, the economy flatlining in Germany, but also over immigration.

1785
01:33:37,880 --> 01:33:40,160
Speaker 24: Of course, over the last few weeks we've been reporting

1786
01:33:40,160 --> 01:33:43,640
Speaker 24: on asylum seekers and those who have been granted asylum

1787
01:33:44,360 --> 01:33:47,519
Speaker 24: in a string of attacks on people using cars, but

1788
01:33:47,600 --> 01:33:50,599
Speaker 24: also knives the same in Austria, and the mood has

1789
01:33:50,680 --> 01:33:53,800
Speaker 24: really darkened about that. And so I think we are

1790
01:33:53,880 --> 01:33:56,920
Speaker 24: going to see some interesting and very different results in

1791
01:33:57,000 --> 01:34:00,840
Speaker 24: Germany and the potential for a coalition and that may

1792
01:34:00,960 --> 01:34:04,639
Speaker 24: have to include the far right, although there's always been

1793
01:34:04,720 --> 01:34:07,479
Speaker 24: what's been called a firewall where the other parties have

1794
01:34:07,560 --> 01:34:09,559
Speaker 24: refused to work with them in the past, but if

1795
01:34:09,560 --> 01:34:11,599
Speaker 24: their vote is so huge, it's going to be very,

1796
01:34:11,680 --> 01:34:14,400
Speaker 24: very difficult for them to ignore. And yes, the Germans

1797
01:34:14,439 --> 01:34:16,960
Speaker 24: go to the polls on Sunday.

1798
01:34:16,600 --> 01:34:18,960
Speaker 2: Because they'll either be forced, won't they They've got a

1799
01:34:19,000 --> 01:34:20,760
Speaker 2: similar system to us here in New Zealand with them

1800
01:34:20,800 --> 01:34:23,720
Speaker 2: in PA. They'll either be forced to work with this

1801
01:34:23,840 --> 01:34:26,799
Speaker 2: party one of them, or go back to the polls,

1802
01:34:26,840 --> 01:34:28,640
Speaker 2: presumably which they were.

1803
01:34:29,000 --> 01:34:32,439
Speaker 24: And it's already no, absolutely, it won't want another election

1804
01:34:33,080 --> 01:34:36,080
Speaker 24: when the country prides itself on such a stable government.

1805
01:34:36,760 --> 01:34:39,960
Speaker 24: But equally we've already seen cracks in that firewar, with

1806
01:34:40,040 --> 01:34:45,840
Speaker 24: the potentially biggest party winning this election already suggesting that

1807
01:34:45,880 --> 01:34:48,559
Speaker 24: it might work with partners that it might not actually

1808
01:34:48,600 --> 01:34:51,479
Speaker 24: agree with, as long as it means that they can

1809
01:34:51,520 --> 01:34:55,040
Speaker 24: get the legislation that they agree with done. So I

1810
01:34:55,160 --> 01:34:58,439
Speaker 24: already potential cracks that, as I said, very interesting. Seventy

1811
01:34:58,439 --> 01:35:00,080
Speaker 24: two hours going to come up in Germany.

1812
01:35:00,280 --> 01:35:03,600
Speaker 2: Fourteen people arrested in Spain and Portugal. This is a

1813
01:35:03,640 --> 01:35:08,519
Speaker 2: series of raids, criminal money laundering, etc. What's this about?

1814
01:35:09,520 --> 01:35:14,840
Speaker 24: Yeah, a huge amount of money, roughly one trillion euros,

1815
01:35:15,120 --> 01:35:19,000
Speaker 24: which is gosh, I think into the one point six

1816
01:35:19,479 --> 01:35:23,479
Speaker 24: trillion New Zealand dollars if my mass is correct. The

1817
01:35:23,560 --> 01:35:28,080
Speaker 24: ring that's been arrested mainly laundered money originating from illegal

1818
01:35:28,160 --> 01:35:31,679
Speaker 24: drug trafficking. They were charging roughly three percent commission per

1819
01:35:31,720 --> 01:35:34,759
Speaker 24: transfer as part of what looked like quote a genuine

1820
01:35:34,840 --> 01:35:38,000
Speaker 24: multinational money laundering company. That there have been a series

1821
01:35:38,040 --> 01:35:42,599
Speaker 24: of raids throughout Europe. Many of those suspects detained are

1822
01:35:42,720 --> 01:35:47,040
Speaker 24: Russian nationals, according to Europoll. That's the EU law enforcement

1823
01:35:47,080 --> 01:35:51,920
Speaker 24: agencies at nine properties raided across Spain and the Portuguese

1824
01:35:52,000 --> 01:35:56,040
Speaker 24: capital Lisbon. About one and a half million New Zealand

1825
01:35:56,080 --> 01:35:59,680
Speaker 24: dollars in cash seized, along with a lot of cryptocurrencies.

1826
01:36:00,080 --> 01:36:03,200
Speaker 24: The gang operated in cities, it's been reported across Spain,

1827
01:36:03,880 --> 01:36:08,160
Speaker 24: with each office processing as much as six hundred thousand

1828
01:36:08,200 --> 01:36:13,320
Speaker 24: New Zealand dollars a day for Albanian, Serbian, Armenian, Chinese,

1829
01:36:13,439 --> 01:36:15,840
Speaker 24: Ukrainian and Colombian mafias.

1830
01:36:15,840 --> 01:36:19,200
Speaker 2: Those are the allegations. Goodness me, let's go to the UK.

1831
01:36:19,360 --> 01:36:22,800
Speaker 2: Polish Froman gets off a plane into the UK and

1832
01:36:23,000 --> 01:36:24,920
Speaker 2: she is basically I'm Medline mckinn.

1833
01:36:25,600 --> 01:36:26,080
Speaker 17: Was she.

1834
01:36:27,800 --> 01:36:31,719
Speaker 24: Well all the authorities and indeed a previous dnats suggests

1835
01:36:32,000 --> 01:36:35,519
Speaker 24: the answer is no. The reason that she has now

1836
01:36:35,600 --> 01:36:39,280
Speaker 24: been arrested is because this so called fake Maddie Julia

1837
01:36:39,560 --> 01:36:44,639
Speaker 24: van Derveldt from Poland was arrested because she has been

1838
01:36:45,400 --> 01:36:50,639
Speaker 24: on suspicion of stalking and harassing Madeline McCann's parents, Jerry

1839
01:36:50,680 --> 01:36:53,960
Speaker 24: and Kate McCann. Of course, you will remember that Maddie

1840
01:36:54,000 --> 01:36:58,439
Speaker 24: disappeared while on her holiday family holiday in Portugal in

1841
01:36:58,439 --> 01:37:01,280
Speaker 24: two thousand and seven. The cases always remained a mystery,

1842
01:37:01,439 --> 01:37:03,759
Speaker 24: and police are saying a twenty three year old woman

1843
01:37:03,800 --> 01:37:06,719
Speaker 24: from Poland and a six year old woman from Wales

1844
01:37:06,760 --> 01:37:11,439
Speaker 24: were arrested on suspicion of stalking involving serious alarm or distress.

1845
01:37:11,800 --> 01:37:15,160
Speaker 24: The twenty three year old woman who's been arrested claimed

1846
01:37:15,200 --> 01:37:18,040
Speaker 24: on television to have taken the DNA test that she

1847
01:37:18,160 --> 01:37:21,879
Speaker 24: alleges was examined by a specialist in America and linked

1848
01:37:21,920 --> 01:37:25,439
Speaker 24: to Kate and Jerry, But previous DNA tests have proven

1849
01:37:25,520 --> 01:37:29,960
Speaker 24: she is not Madeline McCann, with another advocate saying one

1850
01:37:30,000 --> 01:37:33,920
Speaker 24: hundred percent not add Madeline McCann. She claims there's a

1851
01:37:33,960 --> 01:37:37,200
Speaker 24: new DNA test suggested she is and the police, as

1852
01:37:37,240 --> 01:37:39,600
Speaker 24: I said, trying to prevent any further upset to the

1853
01:37:39,680 --> 01:37:40,519
Speaker 24: McCann family.

1854
01:37:41,040 --> 01:37:43,120
Speaker 2: You've got to feel for them, don't you. This might

1855
01:37:43,120 --> 01:37:45,640
Speaker 2: be the first one of these cases they've experienced. I

1856
01:37:45,720 --> 01:37:48,400
Speaker 2: mentioned Gavin, Thank you very much. Great to have you

1857
01:37:48,400 --> 01:37:50,960
Speaker 2: as always. Gevin Gray are UK correspondent. It's just gone

1858
01:37:51,000 --> 01:37:53,960
Speaker 2: seven away from seven. Your news talks it big.

1859
01:37:54,560 --> 01:37:57,800
Speaker 1: It's the hitherto for see Alan Drive Full Show podcast

1860
01:37:57,960 --> 01:38:00,919
Speaker 1: on iHeartRadio powered by new Talk ZEBB.

1861
01:38:01,720 --> 01:38:04,200
Speaker 2: Used Talk zib. It is five away from seven. The

1862
01:38:04,240 --> 01:38:09,400
Speaker 2: winner of today was because it's Friday afternoon, we'll award winner.

1863
01:38:09,880 --> 01:38:14,400
Speaker 2: I think today's winner was even though the result was bad,

1864
01:38:14,920 --> 01:38:18,600
Speaker 2: I would say Sky because they're going to get I

1865
01:38:18,600 --> 01:38:20,799
Speaker 2: mean that as soon as they get this whole satellite

1866
01:38:20,800 --> 01:38:22,400
Speaker 2: thing out of the way, which it sounds like will

1867
01:38:22,400 --> 01:38:24,599
Speaker 2: be happening in the next couple of months. Then they

1868
01:38:24,680 --> 01:38:26,439
Speaker 2: kind of home and host and they're back to profit.

1869
01:38:26,680 --> 01:38:29,679
Speaker 2: The loser obviously spark because they've just lost a billion

1870
01:38:29,720 --> 01:38:32,200
Speaker 2: dollars off their sheer value. And it's what are we

1871
01:38:32,280 --> 01:38:33,160
Speaker 2: going out to tonight?

1872
01:38:33,920 --> 01:38:36,599
Speaker 19: Tonight, Ryan, We're going out with the perfect song for

1873
01:38:36,640 --> 01:38:38,240
Speaker 19: a Friday night. We're going up with a bit of

1874
01:38:38,240 --> 01:38:41,160
Speaker 19: the Prodigy. We're going to This is Breathe. The Prodigy

1875
01:38:41,240 --> 01:38:44,160
Speaker 19: are well one of the many headliners for Electric Avenue Festival,

1876
01:38:44,240 --> 01:38:47,120
Speaker 19: which they're on tomorrow. But the festival is actually on

1877
01:38:47,280 --> 01:38:49,640
Speaker 19: right now. As a matter of fact, if you were

1878
01:38:49,680 --> 01:38:51,200
Speaker 19: at the festival, you can get along to see the

1879
01:38:51,280 --> 01:38:54,639
Speaker 19: dudes at the hangar in about five minutes, so that's good.

1880
01:38:54,800 --> 01:38:57,640
Speaker 2: But across two I'm sure you'll be wanting to know

1881
01:38:57,880 --> 01:38:59,120
Speaker 2: loads listening to us.

1882
01:38:59,160 --> 01:39:01,400
Speaker 19: Yeah, absolutely, and you're the Prodigy. Finish the whole thing

1883
01:39:01,479 --> 01:39:05,040
Speaker 19: up at ten pm tomorrow night, brilliant. Wait ten pm,

1884
01:39:05,040 --> 01:39:07,320
Speaker 19: that seems ten pm. Oh look at that christ Church

1885
01:39:07,400 --> 01:39:08,719
Speaker 19: going late with your big festivals.

1886
01:39:08,720 --> 01:39:09,120
Speaker 15: I love it.

1887
01:39:09,520 --> 01:39:12,439
Speaker 2: Thanks for listening everyone, Thanks for the song, and enjoy

1888
01:39:12,560 --> 01:39:20,800
Speaker 2: your Friday, enjoy your weekend. See you on Monday, explain.

1889
01:39:46,000 --> 01:39:48,880
Speaker 1: Putting the challenging questions to the people at the heart

1890
01:39:48,920 --> 01:39:52,280
Speaker 1: of the story. It's Ryan Bridge on Hither Duper Clan

1891
01:39:52,400 --> 01:39:56,639
Speaker 1: Drive with One New Zealand Let's Get Connected and news Talks.

1892
01:39:56,640 --> 01:39:56,920
Speaker 21: It'd be.

1893
01:39:58,920 --> 01:40:01,160
Speaker 3: For more from Hither Duplasy Allen Drive.

1894
01:40:01,320 --> 01:40:04,640
Speaker 1: Listen live to News Talk SETB from four pm weekdays,

1895
01:40:04,840 --> 01:40:07,040
Speaker 1: or follow the podcast on iHeartRadio.