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Speaker 1: The issues is the interviews and the inside Andrew Dickens

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Speaker 1: on early edition with one roof make your property search

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Speaker 1: simple used Talks, it'd be.

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Speaker 2: Welcome morning to you and thank you for joining us.

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Speaker 2: My name is Andrew Dickins and coming up over the

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Speaker 2: next hour will keep you in touch with the cricket.

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Speaker 2: When some pieces calls for a reset on our relationship

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Speaker 2: with the Cook Islands, our political editor is just five

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Speaker 2: minutes away. Rubbish is being dumped on the Desert Road

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Speaker 2: detour and a rue pay who counselor is not happy.

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Speaker 2: Our interest rates yesterday cut much to the relief of everybody.

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Speaker 2: Will figure out what the Reserve Bank is hoping for

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Speaker 2: this year, and Finance Minister Nicola Willis joins us just

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Speaker 2: before six on the state of play. We'll have correspondence

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Speaker 2: from around New Zealand and around the world and news

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Speaker 2: as it breaks. Plus you can have your say by

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Speaker 2: giving me a text and the text number is ninety

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Speaker 2: two to ninety two, and there is a small charge

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Speaker 2: that applies. News Talks at Bion is now seven after five.

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Speaker 2: The agenda the twentieth of February and first of the

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Speaker 2: Ukraine War where pleasured into Zelenski says Donald Trump is

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Speaker 2: living in a disinformation space. He says it's created by Russia.

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Speaker 2: It comes after Donald Trump said he's disappointed with Zelensky's

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Speaker 2: complaints about being frozen out of the US talks with

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Speaker 2: Russia that have been happening in Saudi Arabia.

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Speaker 3: I think I have the power to end this war,

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Speaker 3: and I think it's going very well. But today I heard, oh,

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Speaker 3: we weren't invaded. Well, you've been there for three years.

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Speaker 3: You should have ended it three years. You should have

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Speaker 3: never started it. You could have made a deal. I

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Speaker 3: could have made a deal for Ukraine that would have

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Speaker 3: given him almost all of the land everything, almost all

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Speaker 3: of the land, and no people would have been killed,

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Speaker 3: and no city would have been demolished, and not one

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Speaker 3: dome would have been knocked down.

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Speaker 4: But what about the minerals?

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Speaker 2: Donald Meanwhile, Donald Trump also suggested Zelensky's approval rating was

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Speaker 2: down at four percent.

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Speaker 4: Now, Zelensky denies this.

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Speaker 5: We have seen this disinformation. We understand that it comes

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Speaker 5: from Russia. We understand that, and we have evidence that

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Speaker 5: these numbers are being discussed between America and Russia. So, unfortunately,

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Speaker 5: President Trump, who we have great respect for as the

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Speaker 5: leader of the American people unfortunately lives in this disinformation space.

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Speaker 2: Meanwhile, The Guardian has just reported that Donald Trump has

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Speaker 2: now called Zelenski a dictator who should move fast or

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Speaker 2: lose country. After the ukrain leader. Excuse me, after the

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Speaker 2: Ukraine leaders. Is the US prison is in a Russian

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Speaker 2: disinformation bubble. Right to the Middle East, we go in Harmasius.

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Speaker 2: It's ready to release in one go all the hostages

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Speaker 2: that were due to be released in Phase two of

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Speaker 2: the ceasefire agreement with Israel. The offer, involving more than

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Speaker 2: sixty people, will be dependent on the full withdrawal of

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Speaker 2: Israeli forces from Gaza and an agreement to a permanent

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Speaker 2: end to the war.

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Speaker 6: The negotiations on Phase two, which were meant to begin

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Speaker 6: more than two weeks ago as part of Phase one

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Speaker 6: as part of this process, hadn't started. The is Ready

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Speaker 6: Foreign Minister Gideon T. Sar said just a day ago

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Speaker 6: that they would start this week, but he didn't give

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Speaker 6: a set date.

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Speaker 2: And finally, to Los Angeles, we're the US rapper and

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Speaker 2: I don't know how to say this name. I think

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Speaker 2: it's asap rocky asap rocky, But the s is a

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Speaker 2: dollar stone anyway, acep Rocky is a rapper and he's

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Speaker 2: been found not guilty of firing a gun at a

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Speaker 2: former friend, and jury acquitted the musician on two fell

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Speaker 2: in the assault charges that carried up to twenty four

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Speaker 2: years in prison. As the first not guilty verdict was read,

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Speaker 2: the rapper dived over the court barrier to Hugger's family,

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Speaker 2: including his partner, the popstar Rihanna.

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Speaker 1: Jeridy ondentitled find a defendent Rocky Mayers, I'm guilty.

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Speaker 7: Nonetheless, I'm thankful and we're blessed to be here right

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Speaker 7: now to be a free man, talking guy.

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Speaker 1: Thank you all.

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Speaker 4: Praised doing God. Rihanna, you can do better.

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Speaker 1: Get ahead of the headlines on early edition Andrew Dickens

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Speaker 1: and one Room, Make your property search simple news talk,

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Speaker 1: said Bee.

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Speaker 2: Which Peters is making all the news right now. We'll

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Speaker 2: talk about his attu towards Cook Islands in just a

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Speaker 2: few moments time. But he also yesterday caught out Riccardo

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Speaker 2: men Ender's march for calling New Zealand alteroror in parliament

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Speaker 2: yesterday he said, why was a guy who arrived in

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Speaker 2: two thousand and six calling New Zealand another name when

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Speaker 2: the official name was New Zealand, and fair enough it is,

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Speaker 2: but you have to ask yourself why is New Zealand

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Speaker 2: New Zealand in the first place. We're named after some

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Speaker 2: Dutch regent and we claim a britt James Cook as

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Speaker 2: a guy who found us why New Zealand names? Names

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Speaker 2: are very arbitrary and often based on common usage, and

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Speaker 2: if you think about it, they just don't make sense.

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Speaker 4: I mean, why am I Andrew? Ask your mother? I did?

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Speaker 2: She said, I just like the shape of it. It's

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Speaker 2: defined me ever since. And that's the thing about names.

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Speaker 2: They position you so me. New Zealand is New Zealand

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Speaker 2: to me because I've grown up with it, not because

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Speaker 2: I'm a Dutch sympathizer. I find Altai Roya to be

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Speaker 2: an affectation. I also hate the way foreigners butcher it.

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Speaker 2: If we're going to change the name, it needs to

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Speaker 2: be a name that everyone can say. But to Ricardo

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Speaker 2: it's Terror or New Zealand, and that's his thing. It's

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Speaker 2: not official and currently it will never become official without

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Speaker 2: an uproar. His use positions him and we all know where,

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Speaker 2: so it's nothing to lose sleep about. I'm not like Winston.

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Speaker 2: I don't get conniptions about this sort of thing. Winston

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Speaker 2: is just describing the difference between him and the Greens,

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Speaker 2: and if you agree, vote for Winston. If you like

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Speaker 2: the Greens, vote for them. It's a free speaking country,

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Speaker 2: so it's all no biggie. But maybe in another generation

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Speaker 2: things might change. But will I be around to care.

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Speaker 2: I don't think so. So we waked up this morning

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Speaker 2: with one eye on the champion's trophy. We're playing Pakistan,

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Speaker 2: who we've beaten twice in the past week. We batted first,

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Speaker 2: we got three twenty for the last of just five,

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Speaker 2: and the big thing here was two centuries. Will Young

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Speaker 2: Open scored one hundred and seven and one hundred and

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Speaker 2: thirteen balls. Tom Latham later scored one hundred and eighteen

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Speaker 2: and one hundred and four balls, all this while some

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Speaker 2: of the stars failed. Williamson got one, Conway and Mitchell

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Speaker 2: both got ten. And what was said before the tournament

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Speaker 2: was that New Zealand's strength is that everyone can make

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Speaker 2: a contribution, and that is true to no. So the

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Speaker 2: win probability meter for US right now sits at ninety percent. Currently,

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Speaker 2: Pakistan needs one hundred and thirty three runs and sixty

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Speaker 2: five balls to win. I can't see that happening. That's

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Speaker 2: a run rate of twelve point three. And one last

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Speaker 2: little sports story from the Herald today. Chris Wood is

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Speaker 2: the most cost effective striker in the Premier League. For

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Speaker 2: what the cub paid for him, each Chris Wood goal

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Speaker 2: costs half a million each. Compare that to most seller

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Speaker 2: the Superstar he comes in at one point seven million

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Speaker 2: a goal, or Early Harling who comes in at two

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Speaker 2: point five million a pop. Chris Wood is standout value

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Speaker 2: in the Premier League. And the real trick is that

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Speaker 2: he does a game after game. And the real thing

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Speaker 2: is he is a New Zealander. He's our captain. He

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Speaker 2: didn't win a Halberg, but you know he deserves to.

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Speaker 8: So.

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Speaker 2: Winston causing all the ruckers yesterday and he caused some

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Speaker 2: ruckers about the cock Islands. Jason Walls was listening. Jason's

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Speaker 2: next It is thirteen after five.

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Speaker 1: News and Views You trust has done Your day is

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Speaker 1: early edition with Andrew Dickens and one roof Make your

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Speaker 1: Property search simple if you talk Siddy.

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Speaker 2: It's just gone five point fifteen and all as well

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Speaker 2: now last night and Wellington, Winston Peters delivered a speech

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Speaker 2: that showed he's not missing around with the Cook Islands.

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Speaker 2: He said, we need to reset the government to government relationship.

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Speaker 2: We need to formally restate responsibilities, obligations and the overall

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Speaker 2: parameters of the free association model. All this no small task,

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Speaker 2: so does it be political? Editor Jason Walls was listening

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Speaker 2: to the speech enjoins me, now, good morning to.

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Speaker 4: You, Jason, Good morning.

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Speaker 2: Does Winston want an apology for Mark Brown or does

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Speaker 2: he just want a conversation?

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Speaker 9: Oh, listen, I think he probably wants a bit of both.

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Speaker 9: It's clear that Winston is well passed fed up at

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Speaker 9: this stage. I mean the fact that Mark Brown went

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Speaker 9: to China, he signed this agreement with that practically no

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Speaker 9: oversight from New Zealand, no consultation or anything of the

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Speaker 9: sort has obviously, so I think of grave concern in

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Speaker 9: Winston has been quite upset about this for our number

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Speaker 9: of weeks now, and I can underste I can understand

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Speaker 9: why it's no small feat to completely snub New Zealand

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Speaker 9: in a sense and sign such a major agreement with

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Speaker 9: China without giving New Zealand much of a heads up.

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Speaker 9: And the government is still in the dark about the

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Speaker 9: details of this agreement. I mean they've released essentially what

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Speaker 9: can be described as the executive summary to New Zealand,

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Speaker 9: but Winston Peters his officials in the Prime Minister for

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Speaker 9: that matter, are still waiting for some more information on

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Speaker 9: this one. So quite worrying times between the relationship between

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Speaker 9: the two countries and why the reset is occurring.

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Speaker 2: So yeah, it's a real telling off, but it's some

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Speaker 2: diplomatic language.

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Speaker 4: But that's the way you do it.

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Speaker 2: So that's the big thing, the restating the parameters of

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Speaker 2: our free association model.

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Speaker 4: What could that look like?

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Speaker 9: Well, that's the thing. We need to wait and see

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Speaker 9: what that is. We've had about sixty years of this

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Speaker 9: model and it's quite fitting that the that the Winston

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Speaker 9: is looking to reset it now in terms of what

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Speaker 9: it looks I mean, that's exactly the question that we're

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Speaker 9: asking at this stage. And with New Zealand and the

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Speaker 9: Cooks are extremely close. We've got same passports, same currency,

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Speaker 9: various different things like that. So what it actually looks

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Speaker 9: like we'll be asking win Pete is that very question today?

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Speaker 9: I mean, I'm quite interested to see is are we

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Speaker 9: actually at this situation? Is this is sort of almost

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Speaker 9: a block that he could make to say, if they

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Speaker 9: actually give us the details of what they signed with China,

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Speaker 9: can he go back on this? And is using this

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Speaker 9: as just a bit of a trump card to say,

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Speaker 9: if you don't play by our rules, where we're going

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Speaker 9: to drop you.

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Speaker 2: Yes, if New Zealand's two hash, there is a real

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Speaker 2: risk that the Cook Islands will go okay, Well, China's that.

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Speaker 9: Mate, Well, there is that risk, and there is the

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Speaker 9: sort of the trade off here because China have been

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Speaker 9: sort of muscling their way into the Pacific with their

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Speaker 9: seemingly limitless amounts of money. New Zealand, what we do

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Speaker 9: have with the Cook Islands is a long history of

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Speaker 9: cultural connection with the country. I mean there are one

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Speaker 9: hundred thousand Cook Islanders in New Zealand for example. So

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Speaker 9: that is our real trump card in this situation. But

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Speaker 9: you know, is it enough when China come calling with

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Speaker 9: just bottomless pockets?

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Speaker 2: Jason Walls, thank you so much for getting up early

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Speaker 2: for us. That is Jason Wall's, our political editor at

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Speaker 2: the time, is now minutes after five. The Desert Road detour,

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Speaker 2: of course, people are then going along what they call

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Speaker 2: the Adventure Holiday Highway, which goes past the mountains, past

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Speaker 2: the chateaueareto through what was formerly called National Park, through

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Speaker 2: or Hakunian. Apparently everyone's chucking their rubbish out the window.

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Speaker 2: So there's a counsel who's got a big beef about this.

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Speaker 2: We'll talk to him shortly. And I got a text

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Speaker 2: yesterday from a woman called Kristin who was listening to

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Speaker 2: Sharon Zolner the Economists, and she went, I get fit

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Speaker 2: up with all the gobbledygook from economists economists, and so

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Speaker 2: I'll try and talk about the Reserve Bank in a

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Speaker 2: moment like a real person.

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Speaker 4: It's five nineteen.

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Speaker 1: Andrew Dickens on a early edition with one roof to

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Speaker 1: make your proper search simple, youth talk zibby.

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Speaker 4: It is five twenty two.

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Speaker 2: More wickets have fallen Pakistan now two hundred and one

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Speaker 2: for seven. They need one hundred and twenty runs and

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Speaker 2: fifty two balls, and the run rates creepy up towards fourteen.

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Speaker 2: It's all looking good, but it's not looking good and

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Speaker 2: pay who. Roadside dumping is an increasing problem along the

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Speaker 2: desert Road. Deep tour in Zta have received backlash for

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Speaker 2: the handling of the rubbish and it's clean up. So

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Speaker 2: the real pay who di just a council that David

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Speaker 2: Notage has now taken to collecting the rubbish in his

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Speaker 2: personal truck and David joins you now, Hello, David, good

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Speaker 2: on you man.

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Speaker 10: Good morning, good morning. Yeah, it's bit of a I

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Speaker 10: don't know if it's just bad timing for when I

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Speaker 10: go driving out on the State hallway, ball both. It

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Speaker 10: just seems that every time I'm out there and well

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Speaker 10: I've got trucks in and my youth, there's always seems

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Speaker 10: to be a lot of rubbish out there.

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Speaker 2: Well, good on you on your dedication to public service, mate.

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Speaker 2: So here's the thing. Is this rubbish directly correlating to

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Speaker 2: the detour being in place? Or have the people of

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Speaker 2: Rupey who just suddenly got messy?

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Speaker 10: Well it's hard to well, the last rest here I

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Speaker 10: cleaned up. It's hard to believe that travelers would carry

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Speaker 10: that much rubbish with them. And yes, people might be

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Speaker 10: taking advantage of the you know, the detour, but yeah,

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Speaker 10: the last one nearly has lots of lots of recyclable

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Speaker 10: stuff on their cans, bottles, plastic bottles, and I just

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Speaker 10: just general household rubbishpin dumpy as well. It's all on

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Speaker 10: black bags, so I tried to see if you actually

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Speaker 10: you know, being black bags as well.

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Speaker 4: So it's tourists not truckings.

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Speaker 10: Uh well no, we don't know, you know, unless we

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Speaker 10: you know, you know, I don't see anyone doing it,

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Speaker 10: but it just seems to appear.

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Speaker 4: Should should it ends it? Here's the thing?

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Speaker 2: Should ends it ta be stepping up his rubbis rubbish

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Speaker 2: collection frequency so you can step down.

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Speaker 10: I yeah, it would be nice, but but also it'd

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Speaker 10: be nice if tivys didn't throw their rubbish out. You know,

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Speaker 10: they pack it in. They should pack it out, you know,

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Speaker 10: take it home and you know, dispose of it how

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Speaker 10: they should dispose of it. But yeah, it has been disappointing.

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Speaker 10: That may be a contingency for the amount of rubbish

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Speaker 10: that could appear on our road. You know, it could

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Speaker 10: have been mitigated, I think.

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Speaker 2: Yeah, And how is this detour affecting the local economy?

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Speaker 2: I know that Johnny Nation's bakery and Akuny's doing roaring business?

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Speaker 4: Is it? Are there wins and losses? Yeah?

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Speaker 10: Yeah, definitely. I think from what we've been told that

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Speaker 10: you know, it's not just Oakuni that's having a bit

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Speaker 10: of a windfall National Park rather he Wanganui. Yeah, I

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Speaker 10: know it's tay happy and bulls maybe in Wau might

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Speaker 10: be striking a little bit. But you know, once a

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Speaker 10: detour comes off, I'm pretty sure that you know, their

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Speaker 10: economy will will go back to how it normally is.

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Speaker 10: But we're hoping that more people use State Hallway four

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Speaker 10: once the desert road and you know see that it's

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Speaker 10: just as pretty as the desert road.

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Speaker 4: It's not pretty absolutely as.

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Speaker 10: Long as they keep you aber from your car.

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Speaker 2: Yeah, good, good call David, and thank you so much

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Speaker 2: for what you've been doing. David Notedge's the councilor at

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Speaker 2: the rual Pe Hood District Council that I do. Now

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Speaker 2: a lot of people are going around that other side

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Speaker 2: when they go in south and then they go, look

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Speaker 2: there's a pair of pair of highways going down to

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Speaker 2: wang and aw oh look the Sergeant gallery is just

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Speaker 2: open this go and have a trip. I've got friends

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Speaker 2: who have done that and the only reason they did

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Speaker 2: that was because of the detour. So it's changing things.

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Speaker 2: It's five twenty five. It's News Talks AB the early.

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Speaker 1: Edition Full the Show podcast on iHeartRadio powered by News

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Speaker 1: talks it B.

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Speaker 2: It's News talks it B. It's five twenty seven. I'm

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Speaker 2: Andrew Dickens. Thank you for your company today. So yesterday

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Speaker 2: on the show, I outlined the reasons why the Reserve

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Speaker 2: Bank might not cut interest rates or lower them by

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Speaker 2: zero point two five percent, and I got that wrong

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Speaker 2: because they chopped the rate by the expected half a

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Speaker 2: percent with immediate relief for mortgage holders. While we try

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Speaker 2: to to do with the Reserve Bank is now read

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Speaker 2: behind the lines and figure out what they really mean

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Speaker 2: for us in our day to day life. And we'd

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Speaker 2: like to hear that in real language. So this is

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Speaker 2: what I think they're saying. They're saying, times have been tough,

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Speaker 2: but you've been sitting on that couch for fifteen years.

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Speaker 2: You wanted to replace that couch five years ago, but

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Speaker 2: everything went so crazy that you called ty hoe until

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Speaker 2: times were better. The Reserve Bank then says, well, times

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Speaker 2: are better. Well, times actually are as good as you're

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Speaker 2: going to get anytime soon, So buy that couch and

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Speaker 2: please buy a New Zealand one. In this statement, they

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Speaker 2: admit there are future risks, but they promise to keep

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Speaker 2: a close iron it. But we can't just sit in

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Speaker 2: our hands. So we've got a bit of a furlough,

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Speaker 2: so let's get cracking. We can wait for us someone

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Speaker 2: to tell us what to do, like a government, but

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Speaker 2: that's not the New Zealand way. We just need to

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Speaker 2: get out there and do it. We need to work

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Speaker 2: for every dollar we can find. We also need to

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Speaker 2: realize that the dollars we've got need to be in

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Speaker 2: the washing machine that is our monetary system. It helps

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Speaker 2: no one if you sit there cautiously, and I think

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Speaker 2: that's what the Reserve Bank is hoping for. That we

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Speaker 2: will loosen the strings around our purse book and spending

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Speaker 2: will increase as the year goes on, but not by

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Speaker 2: too much. Don't go crazy, just keep it all balanced. Meanwhile,

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Speaker 2: everyone's going to hope and pray that global conditions treat

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Speaker 2: us kindly. And we're going to talk about this with

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Speaker 2: Nikola Willis and she's joining us just before six this morning.

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Speaker 4: It's five twenty nine, Andrew Dickens, So what's still to come? Well,

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Speaker 4: still to come? We're off to America.

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Speaker 2: Mintb can very bad whether in New York he is

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Speaker 2: absolutely freezing. We'll talk to him about the big storms

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Speaker 2: that are hitting. We're going to talk about christ Church

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Speaker 2: water and more options on the table, and as I

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Speaker 2: mentioned before, we are going to be talking to Nicola

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Speaker 2: Willis about the interest rate rises. Is this because of

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Speaker 2: her policies or was this going to happen because the

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Speaker 2: Reserve Bank wanted it to happen anyway? And what does

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Speaker 2: she think we need to do going forward? We know

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Speaker 2: already that she's got the banks on warning saying, you

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Speaker 2: know there's an interest rate cut with a reserve bank,

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Speaker 2: you should be doing it too. They source their money

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Speaker 2: from different places. Can they do it, should they do it?

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Speaker 2: Will they do it? These are all questions that will

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Speaker 2: ask Nickol the Worse in about.

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Speaker 4: Twenty minutes time.

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Speaker 2: Here on News Talks at b I'm Adrew Dickens, gone

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Speaker 2: again for Ryan Bridge. Back after News and Sport.

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Speaker 1: The news you Need this morning and the in depth

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Speaker 1: analysis Early edition with Andrew Dickens and one Ruth Make

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Speaker 1: your Property Search Simple, News Talks It.

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Speaker 4: Be Welcome morning, back to your Thursday. I'm Edrew Diggins.

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Speaker 2: After my comments about the word I'll tell at the

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Speaker 2: beginning of the show, I'm starting to get a few

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Speaker 2: texts coming in saying, well, really, if we go back

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Speaker 2: to eighteen forty and you look at the Treaty of

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Speaker 2: White Taking, we should be really called New Tehranni, and

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Speaker 2: they go, come off it. We've had one hundred and

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Speaker 2: eighty five years a branding of New Zealand. It sticks,

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Speaker 2: It's known around the world. It's easy to say, you know,

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Speaker 2: go to New Tehranni. Everyone be going, what the hell

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Speaker 2: is happening down in New Zealand. Hey, here's a weird

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Speaker 2: news story I heard yesterday. It's the placement of the

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Speaker 2: mosque massacred date in a video game. And this video

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Speaker 2: game is a shoot him up and someone put it

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Speaker 2: in there, and you can, in fact, just imagine some

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Speaker 2: sweaty little coda placing the date and snickering away all

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Speaker 2: the mischiefy thinks he's causing when that hidden depth charge

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Speaker 2: went off, Well it went off yesterday. Some have argued, oh,

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Speaker 2: it's just a coincidence, it's just charged.

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Speaker 4: That's by the bye.

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Speaker 2: The date and the context of the game makes me

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Speaker 2: believe that it was a deliberate sight.

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Speaker 4: Coders, well, you know coders.

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Speaker 2: You know coders, codas are coders, So should they change

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Speaker 2: the day. Of course, it's causing a pretty big offense.

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Speaker 2: I think the real problem is that so many will

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Speaker 2: actually be laughing along with the cheap shop while they

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Speaker 2: sit behind their terminals and they do their shoot them

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Speaker 2: up going. It's not funny, it's not clever, it's mean,

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Speaker 2: it's heartless. And the guy who put it in the game,

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Speaker 2: he's a dick.

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Speaker 4: And I'm Dickens.

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Speaker 2: Callum prock To joins every film to need and hello, Callum.

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Speaker 4: Hello, Callum.

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Speaker 11: Hello, good morning, Andrew.

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Speaker 4: We are we found her. Doc wants a beach vehicle ban.

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Speaker 7: Here they do.

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Speaker 11: This is after more poor behavior around wildlife here in

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Speaker 11: the South. There's been numerous animal attacks on beaches around

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Speaker 11: the South people on vehicles. Cases include the discovery of

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Speaker 11: a dead sea lion on Totuku Beach after cars were

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Speaker 11: spotted there aggressively driving towards it and around it. So

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Speaker 11: the the district council wants to do something about it.

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Speaker 11: They'll decide today whether to go ahead with a by

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Speaker 11: law review which will ban vehicles. The mayor, Brian Kadogan's

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Speaker 11: told us that currently a council stretch to capacity. He

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Speaker 11: says it will be a balancing act in deciding whether

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Speaker 11: the spile or needs a review and if they have

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Speaker 11: the capacity and in fact financial ability to do so.

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Speaker 4: How's your weather? Rain clears this morning and.

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Speaker 11: Then fine, but then showers return this afternoon on a

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Speaker 11: high of twenty two.

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Speaker 2: Go for a walk on Tomahawk, but keep away from

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Speaker 2: the animals. Claire Surewood joins me right now from Crosser

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Speaker 2: Telly Claire. Hello, good morning, and there you're talking about

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Speaker 2: the management of water.

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Speaker 12: Yes, well, there are three options here for the management

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Speaker 12: of water in the future. Class Church City Councils agreed

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Speaker 12: to seek some feedback. The options include whether two maintain

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Speaker 12: this status quo with an in house delivery model or

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Speaker 12: potentially create an independent council owned entity. There's also a

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Speaker 12: hybrid approach, which is another option that's about balancing independent

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Speaker 12: management of water supply and waste water with council having

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Speaker 12: over site of our storm water. It's also formed what

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Speaker 12: they're describing as a collaboration with Duneden City Council. Now

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Speaker 12: Chief Executive Mary Richardson says she's very clear that neither

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Speaker 12: are considering considering a joint water entity, but rather to

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Speaker 12: sheer expertise. She says both christ Church and Duneden have

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Speaker 12: been clear that'd extend the collaboration with other councils when

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Speaker 12: in a position to do so.

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Speaker 4: And how's your weather today?

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Speaker 12: A bit of morning cloud clearing to fine northeasterlies a

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Speaker 12: bit later. We're on the way to twenty six.

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Speaker 2: Max told joins us from Wellington Hallimax. Good morning rates

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Speaker 2: blunder in Palmestan North.

436
00:21:34,160 --> 00:21:37,359
Speaker 13: Yeah, we've had people calling us at zby from across

437
00:21:37,440 --> 00:21:40,439
Speaker 13: mano or two this week, texting into the programs pointing

438
00:21:40,480 --> 00:21:43,160
Speaker 13: out that they has somehow been charged their rates bill

439
00:21:43,280 --> 00:21:47,080
Speaker 13: twice or double. Some that they'd been charged their rates

440
00:21:47,080 --> 00:21:49,720
Speaker 13: bill fire earlier than they should have been. We got

441
00:21:49,720 --> 00:21:51,800
Speaker 13: in touch with the Palmerston North City Council to ask

442
00:21:51,840 --> 00:21:54,960
Speaker 13: what was going on. They are now apologizing for what

443
00:21:55,000 --> 00:21:58,440
Speaker 13: they call technical issues and they're assuring us and everyone

444
00:21:58,480 --> 00:22:01,640
Speaker 13: affected that they have now been re funded. The council's

445
00:22:01,720 --> 00:22:05,040
Speaker 13: chief financial officer apologizing again to us and rate payers

446
00:22:05,040 --> 00:22:08,040
Speaker 13: for any concern or worry caused, and they are reviewing

447
00:22:08,080 --> 00:22:10,639
Speaker 13: their processes to make sure this does not happen again.

448
00:22:10,960 --> 00:22:12,359
Speaker 4: How's Wellington's weather today?

449
00:22:13,080 --> 00:22:16,119
Speaker 13: Party cloudy, the odd shower early and then clearing to

450
00:22:16,200 --> 00:22:18,400
Speaker 13: find twenty two the high central.

451
00:22:18,160 --> 00:22:19,760
Speaker 4: And never read a man who joins us from walking

452
00:22:19,800 --> 00:22:20,480
Speaker 4: to the temperature.

453
00:22:20,480 --> 00:22:25,399
Speaker 8: Okay, greetings, Yes, it's lovely good corners on, thank you, Andrew.

454
00:22:25,200 --> 00:22:27,440
Speaker 4: Wayne Brown is back for a second crack.

455
00:22:27,600 --> 00:22:29,960
Speaker 8: He is back for a second crack, quite right. He's

456
00:22:29,960 --> 00:22:32,480
Speaker 8: announced he's running for a second term this October. So

457
00:22:32,800 --> 00:22:34,840
Speaker 8: the early sign showed that his campaign's going to be

458
00:22:34,880 --> 00:22:38,000
Speaker 8: similar to the last one, focused on cutting spending, getting

459
00:22:38,040 --> 00:22:41,679
Speaker 8: projects done, returning CCO decisions back to the Auckland Council.

460
00:22:42,240 --> 00:22:44,520
Speaker 8: Brown says he's also going to get Central government to

461
00:22:44,520 --> 00:22:46,960
Speaker 8: allow this midnight visitor levy to pay for the large

462
00:22:46,960 --> 00:22:48,399
Speaker 8: events coming to the city as well.

463
00:22:48,880 --> 00:22:51,240
Speaker 4: Okay, and Orkand's weather today a bit.

464
00:22:51,080 --> 00:22:51,840
Speaker 14: Of a mixed bag.

465
00:22:52,040 --> 00:22:54,959
Speaker 8: Cloudy conditions, a few shouts from the afternoon, some possibly

466
00:22:55,040 --> 00:22:57,320
Speaker 8: heavy auto walk worth still warm though twenty six is

467
00:22:57,359 --> 00:22:58,200
Speaker 8: the high here in Auckland.

468
00:22:58,320 --> 00:22:59,760
Speaker 2: And I thank you and I'm my comments about the

469
00:22:59,760 --> 00:23:02,640
Speaker 2: game ant has come back at me on the text

470
00:23:02,720 --> 00:23:04,840
Speaker 2: ninety two to ninety two small charts does apply. Guess

471
00:23:04,840 --> 00:23:07,520
Speaker 2: what if the media hadn't reported the gamer's date, nobody

472
00:23:07,560 --> 00:23:09,639
Speaker 2: apart from a few gamers would have known. Now the

473
00:23:09,680 --> 00:23:12,560
Speaker 2: guys favours have as and laughing so who's the dick then,

474
00:23:12,800 --> 00:23:15,399
Speaker 2: mister media, Well yes, but at the same time, this

475
00:23:15,480 --> 00:23:17,119
Speaker 2: is a warning to anybody who thinking about it in

476
00:23:17,160 --> 00:23:21,240
Speaker 2: the future, and we need an opprobrium to pour down

477
00:23:21,280 --> 00:23:23,240
Speaker 2: on the gamer's head, so no one thinks it's a

478
00:23:23,280 --> 00:23:26,840
Speaker 2: good idea next time. Anyway, it's now eighteen minutes to six.

479
00:23:26,920 --> 00:23:29,159
Speaker 2: We're off to New York where the weather is atrocious,

480
00:23:29,840 --> 00:23:32,240
Speaker 2: with Mitch McCann in a few minutes time. In before six,

481
00:23:32,320 --> 00:23:35,200
Speaker 2: Nicola Willis is here to talk about our economy after

482
00:23:35,240 --> 00:23:38,360
Speaker 2: the good news yesterday that interest rates have fallen. It

483
00:23:38,400 --> 00:23:39,960
Speaker 2: is now seventeen to.

484
00:23:39,920 --> 00:23:44,480
Speaker 1: Six International correspondence with ends and eye insurance. Peace of

485
00:23:44,520 --> 00:23:46,680
Speaker 1: mind for New Zealand business.

486
00:23:47,440 --> 00:23:52,000
Speaker 2: It's accorded to six overseas Pakistan now two fifty four

487
00:23:52,080 --> 00:23:55,480
Speaker 2: for eight. They need sixty seven runs and twenty balls

488
00:23:55,480 --> 00:23:58,000
Speaker 2: to win. Run rates now over twenty. Will O Rourke

489
00:23:58,640 --> 00:24:00,840
Speaker 2: three wickets for forty seven. It's all looking good for

490
00:24:00,840 --> 00:24:03,280
Speaker 2: a New Zealand victory. Meanwhile, it's off to the United

491
00:24:03,280 --> 00:24:05,320
Speaker 2: States we go, and it's good morning to Mitch McCann.

492
00:24:05,359 --> 00:24:08,880
Speaker 4: How I much, Good morning, Andrew, how are you very well?

493
00:24:09,040 --> 00:24:13,360
Speaker 2: President Zelenski calls out President Trump on truth and disinformation.

494
00:24:14,560 --> 00:24:18,080
Speaker 7: Yeah, that's right. Zelensky has been walking this awkward tightrope,

495
00:24:18,080 --> 00:24:20,960
Speaker 7: I think in recent weeks, wanting to defend Ukraine's sovereignty

496
00:24:21,040 --> 00:24:24,520
Speaker 7: head of these negotiations that might happen, but not wanting

497
00:24:24,560 --> 00:24:27,520
Speaker 7: to criticize Donald Trump openly for some of the comments

498
00:24:27,560 --> 00:24:31,280
Speaker 7: he's made that seem rather favorable to Russia. But it

499
00:24:31,320 --> 00:24:34,159
Speaker 7: seems his patience may have run out. Now here's the context.

500
00:24:34,640 --> 00:24:37,040
Speaker 7: Last night, at a press conference, Donald Trump appeared to

501
00:24:37,119 --> 00:24:40,800
Speaker 7: be almost blaming Ukraine for the war. He told reporters,

502
00:24:40,800 --> 00:24:43,919
Speaker 7: referring to Ukrainian leaders, you should have never started it.

503
00:24:44,000 --> 00:24:46,280
Speaker 7: You could have made a deal. At the same time,

504
00:24:46,359 --> 00:24:48,760
Speaker 7: he was not at all critical of Russia, the country

505
00:24:48,800 --> 00:24:53,000
Speaker 7: nearly the entire international community agrees did actually start it.

506
00:24:53,080 --> 00:24:56,040
Speaker 7: Now in the last few hours, Zelensky has shot back

507
00:24:56,160 --> 00:25:00,199
Speaker 7: reasonably defiant. He said, unfortunately he's living in in this

508
00:25:00,320 --> 00:25:03,760
Speaker 7: disinformation space speaking about Donald Trump, and he added, I

509
00:25:03,800 --> 00:25:05,960
Speaker 7: want there to be some well, I want there to

510
00:25:06,000 --> 00:25:08,520
Speaker 7: be more truths in Trump's team. He also said the

511
00:25:08,560 --> 00:25:11,280
Speaker 7: White House suggested that he signed this agreement to give

512
00:25:11,560 --> 00:25:15,800
Speaker 7: America half of its rich mineral resources in exchange for defense,

513
00:25:15,840 --> 00:25:18,840
Speaker 7: which he refused. So this is coming out a delicate

514
00:25:18,880 --> 00:25:21,800
Speaker 7: time where the US is looking to negotiate with Russia

515
00:25:21,840 --> 00:25:24,360
Speaker 7: without Ukraine at the table, and you can see now

516
00:25:24,440 --> 00:25:28,040
Speaker 7: Ukraine's getting a little bit impatient with what's going on here.

517
00:25:28,680 --> 00:25:30,400
Speaker 4: Meanwhile, you're in New York and you're freezing.

518
00:25:31,400 --> 00:25:34,080
Speaker 7: Yeah, I am, I'm sick of complaining about the weather,

519
00:25:34,119 --> 00:25:36,600
Speaker 7: but this is really so cold. It's about minus five

520
00:25:36,640 --> 00:25:40,159
Speaker 7: degrees celsius at lunchtime as I speak to you. But

521
00:25:40,359 --> 00:25:42,359
Speaker 7: it's far from over, and there's a series of winter

522
00:25:42,440 --> 00:25:45,919
Speaker 7: storms about to hit the US. Virginia, North Carolina, and

523
00:25:46,000 --> 00:25:49,560
Speaker 7: Delaware are set to receive between fifteen to thirty centimeters

524
00:25:49,560 --> 00:25:52,760
Speaker 7: of snow in the coming days. North Carolina and Arkansas

525
00:25:52,800 --> 00:25:56,160
Speaker 7: have already declared states of emergency. And just finally, Andrew,

526
00:25:56,160 --> 00:25:58,680
Speaker 7: I'll leave you with this. The National Weather Service has

527
00:25:58,680 --> 00:26:01,840
Speaker 7: seen temperatures in the set. The O Bismarck, North Dakota,

528
00:26:02,080 --> 00:26:06,000
Speaker 7: reached negative thirty seven degrees celsius this week, breaking a

529
00:26:06,040 --> 00:26:08,000
Speaker 7: one hundred and fifty year record.

530
00:26:08,040 --> 00:26:08,560
Speaker 4: It's cold.

531
00:26:08,960 --> 00:26:10,840
Speaker 2: Are you a fahrenheit boy yet or are you still

532
00:26:10,920 --> 00:26:12,080
Speaker 2: keeping with the celsius?

533
00:26:12,520 --> 00:26:12,600
Speaker 7: No?

534
00:26:12,720 --> 00:26:15,040
Speaker 2: I'm on Google every five minutes trying to work it out.

535
00:26:16,240 --> 00:26:18,000
Speaker 2: Stay warm and I thank you for your time today.

536
00:26:18,840 --> 00:26:19,879
Speaker 7: Thanks Andrew all the best.

537
00:26:20,160 --> 00:26:22,159
Speaker 4: Mitch McCann for the United States of America at the

538
00:26:22,160 --> 00:26:24,720
Speaker 4: time is now twelve to six Coundrew Dickens.

539
00:26:25,320 --> 00:26:28,119
Speaker 2: So good news for mortgage holders. The official cash rate

540
00:26:28,200 --> 00:26:31,160
Speaker 2: yesterday dropped by fifty basis points. It's down to three

541
00:26:31,200 --> 00:26:33,400
Speaker 2: point seventy five percent. The question is will the banks

542
00:26:33,440 --> 00:26:36,120
Speaker 2: pass it on? Well, banks have already started doing that.

543
00:26:36,320 --> 00:26:40,000
Speaker 2: And for NaN's Minister Nichola Willis joins me. Now, Hello, Nicola, Hi,

544
00:26:40,160 --> 00:26:43,000
Speaker 2: how are you. I'm good good news for us, good

545
00:26:43,000 --> 00:26:45,880
Speaker 2: news with mortgage holders. What does it say about our economy?

546
00:26:46,560 --> 00:26:48,960
Speaker 14: Well, it says that things are going to get better

547
00:26:48,960 --> 00:26:51,080
Speaker 14: for New Zealanders who are worried about the cost of

548
00:26:51,160 --> 00:26:54,600
Speaker 14: learning because their mortgages are going to get cheaper. And

549
00:26:55,080 --> 00:26:58,200
Speaker 14: the Reserve Bank is confirming the view that the economy

550
00:26:58,240 --> 00:27:00,399
Speaker 14: is going to grow this year, which means more people

551
00:27:00,400 --> 00:27:04,960
Speaker 14: on jobs, more businesses doing well, and more wealth in

552
00:27:05,000 --> 00:27:05,720
Speaker 14: our economy.

553
00:27:06,600 --> 00:27:07,200
Speaker 4: This is true.

554
00:27:07,760 --> 00:27:09,880
Speaker 2: The Reserve Bank has made it clear that there will

555
00:27:09,920 --> 00:27:12,439
Speaker 2: be more cuts. Do you believe that because there is

556
00:27:12,480 --> 00:27:15,400
Speaker 2: an argument that we shouldn't be going to heart right now,

557
00:27:15,400 --> 00:27:19,800
Speaker 2: considering the global situation considering the baked in non tradable

558
00:27:19,840 --> 00:27:22,040
Speaker 2: inflation that we've got. You know, we see rate rises

559
00:27:22,040 --> 00:27:24,520
Speaker 2: the whole time, we see water rises the whole time.

560
00:27:24,960 --> 00:27:26,840
Speaker 2: Do you believe that there will be more cuts?

561
00:27:27,720 --> 00:27:31,160
Speaker 14: Well, the Reserve Bank is forecasting more cuts, that's very clear.

562
00:27:31,280 --> 00:27:33,960
Speaker 14: They see that interrast rate reductions will continue for the

563
00:27:34,040 --> 00:27:37,040
Speaker 14: year ahead, and that's based on their view that New

564
00:27:37,119 --> 00:27:40,520
Speaker 14: Zealand has inflation under control, which is very good news

565
00:27:40,520 --> 00:27:43,720
Speaker 14: for all New Zealanders. It means less price rises and

566
00:27:43,760 --> 00:27:47,200
Speaker 14: it also means that interst rates can keep coming down.

567
00:27:47,520 --> 00:27:49,840
Speaker 14: So if you've got a mortgage or your a small business,

568
00:27:50,320 --> 00:27:52,040
Speaker 14: interest rates are going to keep dropping.

569
00:27:52,560 --> 00:27:56,119
Speaker 2: So is the fact that inflation is now under control.

570
00:27:56,800 --> 00:27:58,520
Speaker 2: Who should get the credit? Is it because of your

571
00:27:58,520 --> 00:28:01,639
Speaker 2: policies and your fiscal manner or is it just the

572
00:28:01,680 --> 00:28:04,560
Speaker 2: consequence of the Reserve bank squeeze of money supply over

573
00:28:04,600 --> 00:28:05,680
Speaker 2: the past two years.

574
00:28:06,000 --> 00:28:08,840
Speaker 14: Well, the Reserve Bank has the decision making power when

575
00:28:08,840 --> 00:28:11,760
Speaker 14: it comes to reducing interest rates. All we can do

576
00:28:11,880 --> 00:28:14,000
Speaker 14: is the government is make it easier for them, and

577
00:28:14,040 --> 00:28:17,800
Speaker 14: we have since coming to government, we have been disciplined

578
00:28:17,840 --> 00:28:20,679
Speaker 14: about government spending. We went through a period as a

579
00:28:20,720 --> 00:28:25,240
Speaker 14: country where the government was spending more than it ever had,

580
00:28:25,800 --> 00:28:29,359
Speaker 14: even while inflation was driving to generational high as it

581
00:28:29,400 --> 00:28:32,159
Speaker 14: was up at more than seven percent, and the government

582
00:28:32,280 --> 00:28:34,520
Speaker 14: kept on spending and that makes it hard for the

583
00:28:34,520 --> 00:28:37,399
Speaker 14: Reserve Bank reduced infrastrates. So now it's in a different

584
00:28:37,600 --> 00:28:40,200
Speaker 14: point of the cycle where it can look at a

585
00:28:40,200 --> 00:28:44,720
Speaker 14: government that's saying, well, be restrained, please just drop interest rates, and.

586
00:28:44,680 --> 00:28:47,840
Speaker 2: They are yes, Well, there's good spending and there's bad spending.

587
00:28:47,880 --> 00:28:48,160
Speaker 14: And I know.

588
00:28:48,240 --> 00:28:51,240
Speaker 2: Over the weekend, Engineering New Zealand and Philip Templar wrote

589
00:28:51,320 --> 00:28:53,880
Speaker 2: a piece complaining about the lack of spending on any

590
00:28:53,920 --> 00:28:56,479
Speaker 2: infrastructure and the fact that because there is no investment

591
00:28:56,520 --> 00:28:59,160
Speaker 2: from the government in our infrastructure, we are losing our

592
00:28:59,160 --> 00:29:02,160
Speaker 2: best and brightest a engineers to Australia and the rebuild

593
00:29:02,240 --> 00:29:05,280
Speaker 2: in America. So the question is when will you start

594
00:29:05,320 --> 00:29:07,920
Speaker 2: spending Well, one of.

595
00:29:07,880 --> 00:29:10,480
Speaker 14: The things that drives me in politics is wanting new,

596
00:29:10,680 --> 00:29:13,560
Speaker 14: skilled New Zealanders to stay here in this great country.

597
00:29:14,440 --> 00:29:18,160
Speaker 14: The fact is that we are spending more on infrastructure

598
00:29:18,800 --> 00:29:22,160
Speaker 14: than the previous government was forecasting to do. We are

599
00:29:22,320 --> 00:29:25,800
Speaker 14: continuing to invest in building hospitals and building skills and

600
00:29:25,800 --> 00:29:29,120
Speaker 14: building roads and we will keep doing so, we need

601
00:29:29,160 --> 00:29:32,840
Speaker 14: to also paint a better future for New Zealanders, and

602
00:29:32,880 --> 00:29:35,560
Speaker 14: that is why we are so focused on growing the

603
00:29:35,640 --> 00:29:39,240
Speaker 14: economy so that we can create better opportunities in the

604
00:29:39,320 --> 00:29:39,920
Speaker 14: years ahead.

605
00:29:40,320 --> 00:29:43,240
Speaker 4: Are we building roads, Yes, we are.

606
00:29:43,440 --> 00:29:48,960
Speaker 14: I mean we just last week opened the new road

607
00:29:49,040 --> 00:29:52,000
Speaker 14: in the Hawk's Bay. We've got new roads happening in

608
00:29:52,080 --> 00:29:55,280
Speaker 14: christ Church. We've got new roads of national significance happening

609
00:29:55,320 --> 00:29:58,160
Speaker 14: across the country. We've got a record investment in the

610
00:29:58,280 --> 00:30:02,000
Speaker 14: National Land Transport Fund so that we can build roads

611
00:30:02,040 --> 00:30:04,239
Speaker 14: that will make a difference to New Zealander who can

612
00:30:04,280 --> 00:30:05,920
Speaker 14: meet from one region to another.

613
00:30:06,000 --> 00:30:09,480
Speaker 2: Those roads were ordered by another regime. What I'm asking is,

614
00:30:09,520 --> 00:30:10,360
Speaker 2: what are you going to do.

615
00:30:10,320 --> 00:30:14,200
Speaker 14: Now we have announced new projects? Andrew, Yes, yeah, but.

616
00:30:14,240 --> 00:30:15,960
Speaker 2: I'm I'm just doing the light rail thing with you,

617
00:30:16,200 --> 00:30:18,000
Speaker 2: if you know what I mean. You know, we have

618
00:30:18,440 --> 00:30:21,440
Speaker 2: announcements of projects, but it's not a project until a

619
00:30:21,520 --> 00:30:22,320
Speaker 2: side has turned.

620
00:30:22,960 --> 00:30:25,280
Speaker 14: Well, you are making a very good point, which is

621
00:30:25,320 --> 00:30:27,920
Speaker 14: we did cancel fantasy projects. I don't think anyone in

622
00:30:27,960 --> 00:30:30,880
Speaker 14: Auckland thought light rail was actually going to happen. Yes,

623
00:30:30,920 --> 00:30:33,479
Speaker 14: there are a lot of people involved in designing it,

624
00:30:33,560 --> 00:30:35,760
Speaker 14: but it wasn't ever going to happen, and similarly with

625
00:30:35,800 --> 00:30:39,000
Speaker 14: the Lake Onslow hydro project that was never going to

626
00:30:39,040 --> 00:30:42,760
Speaker 14: happen either. We're focusing our resources on projects we will

627
00:30:42,840 --> 00:30:47,200
Speaker 14: actually open, and that's roads of national significance, that's big hospitals,

628
00:30:47,320 --> 00:30:50,760
Speaker 14: that schools. We're doing things where we invest the resources

629
00:30:50,760 --> 00:30:53,320
Speaker 14: and projects we will fund and we will dolether.

630
00:30:53,560 --> 00:30:55,680
Speaker 2: Okay, yes, you're cutting the spending, but you're still having

631
00:30:55,720 --> 00:30:58,480
Speaker 2: to continue the borrowing because we have so we have

632
00:30:58,640 --> 00:31:02,680
Speaker 2: huge payments. Our dollar has had a year long slide

633
00:31:02,720 --> 00:31:04,840
Speaker 2: downward and I want to know what's that doing to

634
00:31:04,920 --> 00:31:07,360
Speaker 2: our debt at its repayment and our economy.

635
00:31:08,400 --> 00:31:11,680
Speaker 14: Well, we have a flexible exchange rate, and the plus

636
00:31:11,720 --> 00:31:13,800
Speaker 14: side of that is it means that when our dollar

637
00:31:13,880 --> 00:31:19,560
Speaker 14: is coming down, our exporters get more for they're exporting.

638
00:31:20,000 --> 00:31:22,160
Speaker 14: And so if you're a dairy farmer or you're a

639
00:31:22,160 --> 00:31:26,080
Speaker 14: sheep farmer right now, there is a plus side to that. Overall,

640
00:31:26,160 --> 00:31:29,080
Speaker 14: it means that our exchange rate is adjusting to the

641
00:31:29,120 --> 00:31:32,520
Speaker 14: circumstances that are happening around the world. New Zealand just

642
00:31:32,560 --> 00:31:35,280
Speaker 14: needs to keep doing what it's always done well, which

643
00:31:35,320 --> 00:31:39,680
Speaker 14: is selling our beautiful, amazing products around the world. For

644
00:31:39,760 --> 00:31:42,600
Speaker 14: good prices and we will keep doing that.

645
00:31:43,160 --> 00:31:45,840
Speaker 2: Nikola Willis Finance Minister. I think you for your time today.

646
00:31:45,920 --> 00:31:47,240
Speaker 2: It is now seven minutes to six.

647
00:31:47,240 --> 00:31:51,200
Speaker 1: It's Talks the first word on the News of the

648
00:31:51,280 --> 00:31:54,880
Speaker 1: Day earlier edition with Andrew Dickens and One Room to

649
00:31:55,000 --> 00:31:57,760
Speaker 1: Make Your Property Surgeon Simple Youth.

650
00:31:57,640 --> 00:32:00,720
Speaker 2: Talksv Yes, it's now five to say so Andrew Dickins

651
00:32:00,760 --> 00:32:01,400
Speaker 2: saying good news.

652
00:32:01,440 --> 00:32:01,880
Speaker 4: We won.

653
00:32:02,160 --> 00:32:04,880
Speaker 2: We beat Pakistan. We won by sixty runs. They were

654
00:32:04,920 --> 00:32:07,040
Speaker 2: all out for two sixty. We got three twenty for five.

655
00:32:07,040 --> 00:32:08,960
Speaker 2: We've got a couple of centuries and there well. O

656
00:32:09,080 --> 00:32:11,040
Speaker 2: Rourke had a good crack. This was the first game

657
00:32:11,600 --> 00:32:14,280
Speaker 2: of fifteen. This was the host nation getting trolet by us.

658
00:32:14,520 --> 00:32:16,080
Speaker 2: We've now beat in them three times in a row

659
00:32:16,160 --> 00:32:18,360
Speaker 2: in a week. Things are looking good. The thing about

660
00:32:18,440 --> 00:32:21,280
Speaker 2: the New Zealand cricket side is that either awesome or awful,

661
00:32:21,880 --> 00:32:23,760
Speaker 2: and I can never get used to which one is which.

662
00:32:24,280 --> 00:32:25,360
Speaker 2: Mike cost can good morning to you.

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00:32:25,520 --> 00:32:27,480
Speaker 15: A psychology of the game as what it boils down

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00:32:27,520 --> 00:32:28,800
Speaker 15: to absolute it's all in the head.

665
00:32:29,000 --> 00:32:33,080
Speaker 2: Yeah, Well, Pakistan's head's gone, Our head's back. Maybe it's

666
00:32:33,080 --> 00:32:35,640
Speaker 2: because they finally put satin there as the captain, and

667
00:32:35,680 --> 00:32:37,680
Speaker 2: he seems to be a drenk ride down the night.

668
00:32:38,080 --> 00:32:40,640
Speaker 2: Your you, cricket trajects are all the same. You look,

669
00:32:40,680 --> 00:32:42,520
Speaker 2: you look for things that aren't there. Some days a

670
00:32:42,600 --> 00:32:43,960
Speaker 2: good days, some days aren't good days.

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00:32:43,960 --> 00:32:45,760
Speaker 4: You're the abstract man. Say it's all on the head.

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00:32:45,880 --> 00:32:46,720
Speaker 4: It's all in the bat.

673
00:32:46,840 --> 00:32:49,000
Speaker 15: It's all in the bat. But it's only in the

674
00:32:49,000 --> 00:32:50,920
Speaker 15: bat and the ball. If it's in your head, it

675
00:32:51,040 --> 00:32:53,920
Speaker 15: all starts. It all starts in the head. Hadrian all

676
00:32:53,920 --> 00:32:55,880
Speaker 15: this morning, I'll tell you what was interesting yesterday about

677
00:32:55,880 --> 00:32:57,920
Speaker 15: watching his press conference, and you should always watch that

678
00:32:58,000 --> 00:33:00,440
Speaker 15: because what you get by way of headlines tells the

679
00:33:00,480 --> 00:33:03,840
Speaker 15: full story. So he, broadly speaking, is very bullish about

680
00:33:03,840 --> 00:33:06,440
Speaker 15: where we are at the moment. All things being considered,

681
00:33:06,480 --> 00:33:07,720
Speaker 15: by the end of the year will get a little

682
00:33:07,720 --> 00:33:09,640
Speaker 15: bit of growth. But we're at what he calls neutral,

683
00:33:09,680 --> 00:33:12,600
Speaker 15: where we're back to where we should be. And the

684
00:33:12,640 --> 00:33:15,680
Speaker 15: worrying thing about that, and Nicholas should be worried about it,

685
00:33:15,760 --> 00:33:18,400
Speaker 15: is that that is his fair value is what he

686
00:33:18,480 --> 00:33:20,480
Speaker 15: called it. So the currency is fair value, the interest

687
00:33:20,560 --> 00:33:22,920
Speaker 15: rates a fair value, everything's fair value. So the currency

688
00:33:22,960 --> 00:33:26,680
Speaker 15: is at forty five p and about mid fifties US,

689
00:33:27,040 --> 00:33:30,640
Speaker 15: and that tells you how shockingly poor that we are

690
00:33:30,720 --> 00:33:31,320
Speaker 15: as a country.

691
00:33:31,440 --> 00:33:34,000
Speaker 2: I looked at the dollar side over this year. It's

692
00:33:34,040 --> 00:33:35,960
Speaker 2: a line like that all the way down. And every

693
00:33:35,960 --> 00:33:37,960
Speaker 2: time the dollar goes down, that means our repayments of

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00:33:37,960 --> 00:33:38,520
Speaker 2: our debt.

695
00:33:38,360 --> 00:33:40,200
Speaker 15: Goes up, and so he calls that fee.

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00:33:40,880 --> 00:33:42,960
Speaker 4: I asked Nicola about that, and you know it's no problem.

697
00:33:42,960 --> 00:33:45,240
Speaker 15: Well, it sys a problem because we pay ten billion

698
00:33:45,280 --> 00:33:47,960
Speaker 15: dollars a year on interest on our debt.

699
00:33:48,000 --> 00:33:50,200
Speaker 4: So it might not be spending on public servance, but

700
00:33:50,200 --> 00:33:51,160
Speaker 4: we are spending on debt.

701
00:33:51,280 --> 00:33:53,120
Speaker 15: We are certainly spending on deb where it's two times

702
00:33:53,120 --> 00:33:56,000
Speaker 15: the police budget on the interest on debt each and

703
00:33:56,000 --> 00:33:59,120
Speaker 15: every year. Anyway, Adrian Or will explain more after seven

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00:33:59,200 --> 00:34:00,280
Speaker 15: thirty when he's with us.

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Speaker 2: Great the Mike hosting Breakfast is here. I'm Andrew Dickins.

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Speaker 4: I'm gone.

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Speaker 2: My thanks to producer Kenzie and Libby for doing the setup,

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00:34:07,120 --> 00:34:08,000
Speaker 2: and I'll see you tomorrow.

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Speaker 1: For more from Early Edition with Ryan Bridge, listen live

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00:34:15,400 --> 00:34:18,440
Speaker 1: to News Talk Set B from five am weekdays, or

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00:34:18,480 --> 00:34:20,400
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