1 00:00:01,200 --> 00:00:05,360 Speaker 1: The issues, the interviews and the insight. Ryan Bridge on 2 00:00:05,440 --> 00:00:08,559 Speaker 1: an earlier edition with one roof Love where You Live 3 00:00:09,039 --> 00:00:11,480 Speaker 1: News TALKSBI Good Morning six. 4 00:00:11,320 --> 00:00:14,000 Speaker 2: Half to five coming up, the driver licensing changes, we'll 5 00:00:14,000 --> 00:00:16,959 Speaker 2: look at those before six. Mandlsson, the cops are getting 6 00:00:17,000 --> 00:00:20,360 Speaker 2: involved in the UK will head to Mike psa UK correspondent. 7 00:00:20,400 --> 00:00:23,360 Speaker 2: Unemployment numbers out today in New Zealand and great Growlers 8 00:00:23,400 --> 00:00:28,760 Speaker 2: got too many Greats? The agenda weesday the fourth of February. 9 00:00:29,000 --> 00:00:32,680 Speaker 2: The Lord's Speaker has just announced that Peter Mandlsson is 10 00:00:32,720 --> 00:00:35,200 Speaker 2: stepping down from the House of Lords. 11 00:00:35,400 --> 00:00:38,919 Speaker 3: But the Clerk of the Parliaments has today received notifications 12 00:00:38,960 --> 00:00:42,000 Speaker 3: from Lord Mandelsson of his intention to retire from the 13 00:00:42,040 --> 00:00:46,320 Speaker 3: Host effective from fourth February. I will formally notify this 14 00:00:46,520 --> 00:00:48,840 Speaker 3: to the Host tomorrow in the usual web. 15 00:00:48,960 --> 00:00:52,560 Speaker 2: Now, the Clintons have finally agreed to testify before more 16 00:00:52,640 --> 00:00:56,560 Speaker 2: before Congress. More on that later. Nigel Farage wants Prince 17 00:00:56,640 --> 00:01:00,520 Speaker 2: Andrew in the hot seat as well to go for 18 00:01:00,560 --> 00:01:02,040 Speaker 2: his own sake and satisfy. 19 00:01:02,160 --> 00:01:05,720 Speaker 1: Otherwise he's going to be stuck at Marsh Farms or. 20 00:01:05,959 --> 00:01:08,840 Speaker 4: Probably more likely living in at least never to be 21 00:01:08,840 --> 00:01:09,440 Speaker 4: seen again. 22 00:01:10,400 --> 00:01:13,840 Speaker 2: Now In other news, French cybercrime prosecutors they're raiding the 23 00:01:13,920 --> 00:01:18,000 Speaker 2: Paris offices of X. This is Musk's X over alleged 24 00:01:18,040 --> 00:01:20,919 Speaker 2: illegal data use and child exploitation content. 25 00:01:20,959 --> 00:01:24,120 Speaker 5: As a result of this investigation, they're also calling on 26 00:01:24,319 --> 00:01:30,920 Speaker 5: Iroon Musk to appear voluntarily before their inquiry later this spring. 27 00:01:31,120 --> 00:01:33,399 Speaker 2: This is all about Europe taking on big tech out 28 00:01:33,440 --> 00:01:37,200 Speaker 2: of America. Things couldn't get worse for Musk and as Tessler's, 29 00:01:37,319 --> 00:01:40,600 Speaker 2: China has decided to ban hidden car doors from twenty 30 00:01:40,720 --> 00:01:42,760 Speaker 2: twenty seven because of safety concerns. 31 00:01:43,120 --> 00:01:46,319 Speaker 6: There have been a number of high profile cases, and 32 00:01:46,400 --> 00:01:49,520 Speaker 6: notimately just some months ago, one in which an electric 33 00:01:49,600 --> 00:01:52,960 Speaker 6: vehicle crashed in which the doors were not able to 34 00:01:53,040 --> 00:01:56,639 Speaker 6: open because there were these concealed doors, and the people 35 00:01:56,680 --> 00:02:02,040 Speaker 6: inside unfortunately perished without manual It means that regulators here 36 00:02:02,240 --> 00:02:05,640 Speaker 6: now believe that the doors should all have a manual 37 00:02:05,720 --> 00:02:08,840 Speaker 6: means of being open to allow people to be rescued here. 38 00:02:08,880 --> 00:02:10,520 Speaker 2: It is hard, isn't it. Sometimes you get in an 39 00:02:10,600 --> 00:02:12,840 Speaker 2: uber and you think, how do I get out. 40 00:02:13,960 --> 00:02:17,320 Speaker 1: Views and views you trust to start your day. It's 41 00:02:17,400 --> 00:02:21,240 Speaker 1: earlier this ship with Ryan Bridge and one roof Love 42 00:02:21,320 --> 00:02:22,760 Speaker 1: Where you Live News talks. 43 00:02:22,760 --> 00:02:24,880 Speaker 2: That'd be great to have your company this Wednesday morning, 44 00:02:24,960 --> 00:02:27,120 Speaker 2: short week. Of course, nine two ninety two is the 45 00:02:27,160 --> 00:02:29,800 Speaker 2: number to text. It's amazing to me how everyone else 46 00:02:29,880 --> 00:02:33,079 Speaker 2: is such a bad driver, everyone else but you. It's 47 00:02:33,160 --> 00:02:35,400 Speaker 2: human nature, I guess you know. We all think we're 48 00:02:35,440 --> 00:02:38,640 Speaker 2: amazing and the problem with the roads is everybody else. 49 00:02:39,080 --> 00:02:42,400 Speaker 2: I read an article yesterday about It was about people's 50 00:02:42,440 --> 00:02:46,920 Speaker 2: opinions on driving after these license changes. Yesterday, people saying 51 00:02:46,960 --> 00:02:50,400 Speaker 2: we have the worst drivers in the entire world. Some 52 00:02:50,440 --> 00:02:54,320 Speaker 2: people saying we need more tests, not fewer tests. The 53 00:02:54,400 --> 00:02:57,160 Speaker 2: problem isn't how many times you sit a test. I 54 00:02:57,160 --> 00:02:59,760 Speaker 2: don't think the problem is how many hours you've spent 55 00:03:00,200 --> 00:03:03,160 Speaker 2: car with a decent driver who can tell you what 56 00:03:03,280 --> 00:03:06,079 Speaker 2: to do and probably more importantly, what not to do. 57 00:03:06,880 --> 00:03:10,160 Speaker 2: Loads of people were talking about running red lights. Apparently 58 00:03:10,360 --> 00:03:12,640 Speaker 2: we are the worst in the world. If you're reading 59 00:03:12,639 --> 00:03:15,320 Speaker 2: the news history, we are just terrible at running red lights. 60 00:03:16,240 --> 00:03:18,960 Speaker 2: Not something I do, of course, not on purpose anyway, 61 00:03:19,160 --> 00:03:22,840 Speaker 2: let me clarify, But the temptations there isn't it Because 62 00:03:22,840 --> 00:03:27,799 Speaker 2: the roads are so congested, speed limits are low, it 63 00:03:27,919 --> 00:03:30,200 Speaker 2: takes you so long to get home. These days, you 64 00:03:30,240 --> 00:03:32,440 Speaker 2: see people running the gauntlet and trying to sneak through 65 00:03:32,840 --> 00:03:35,480 Speaker 2: otherwise you get stuck waiting for another round, and then 66 00:03:35,600 --> 00:03:38,000 Speaker 2: before you know it, it's midnight and you're sitting in 67 00:03:38,040 --> 00:03:42,040 Speaker 2: traffic still. Plus there's the uber drivers. Sorry to peck 68 00:03:42,040 --> 00:03:45,360 Speaker 2: on you guys, and I don't mean to, but I 69 00:03:45,400 --> 00:03:47,960 Speaker 2: think I assume you're doing this because you're trying to 70 00:03:48,000 --> 00:03:51,080 Speaker 2: save battery on your evs or something. But you drive 71 00:03:51,160 --> 00:03:55,280 Speaker 2: incredibly slow. You slow down before a light has changed 72 00:03:55,360 --> 00:03:58,080 Speaker 2: in case it does change, you know, or there's a 73 00:03:58,160 --> 00:04:00,840 Speaker 2: chance that could go yellow, So I'll just slow right down, 74 00:04:01,520 --> 00:04:04,840 Speaker 2: which is so annoying, and then speeding up. You do 75 00:04:04,920 --> 00:04:07,280 Speaker 2: that at a snail's pace, don't you. You make driving 76 00:04:07,320 --> 00:04:10,720 Speaker 2: that much more laborious on city streets. So there you go. 77 00:04:10,960 --> 00:04:12,800 Speaker 2: I've joined the rest of the country and blamed others 78 00:04:12,800 --> 00:04:15,560 Speaker 2: for the state of our roads. What became very clear 79 00:04:15,560 --> 00:04:18,160 Speaker 2: to me yesterday and coming back to this announcement watching 80 00:04:18,240 --> 00:04:21,679 Speaker 2: Chris Bishop make the announcement, is it was actually nothing 81 00:04:21,720 --> 00:04:23,680 Speaker 2: to do with road safety. It was actually nothing to 82 00:04:23,720 --> 00:04:27,400 Speaker 2: do with driving generally. It was about employment. They need 83 00:04:27,440 --> 00:04:30,719 Speaker 2: to get more young people into work. Seventy percent of 84 00:04:30,800 --> 00:04:35,159 Speaker 2: jobs require a driver's license, so they're basically just giving 85 00:04:35,240 --> 00:04:39,560 Speaker 2: them one. We'll talk about that just before six this morning, 86 00:04:39,600 --> 00:04:41,919 Speaker 2: nine two nine two. The numbers text who do you blame? 87 00:04:41,960 --> 00:04:45,440 Speaker 2: Who is the worst on the roads? Nine two nine two. 88 00:04:45,720 --> 00:04:48,159 Speaker 2: We'll look at Mandelssohn because the cops are getting involved. 89 00:04:48,200 --> 00:04:51,360 Speaker 2: That's quite interesting. Also, the number of nuclear weapons they 90 00:04:51,360 --> 00:04:54,479 Speaker 2: reckon could be a bit in existence on planet Earth 91 00:04:54,680 --> 00:04:57,360 Speaker 2: could be about to skyrocket. I'll tell you why eleven 92 00:04:57,400 --> 00:04:58,240 Speaker 2: after five. 93 00:04:58,680 --> 00:05:02,000 Speaker 1: Views and views for us to start your day. It's 94 00:05:02,120 --> 00:05:06,240 Speaker 1: earlier edition with Ryan Bridge and one roof love where 95 00:05:06,279 --> 00:05:07,479 Speaker 1: you Live News Talks. 96 00:05:07,520 --> 00:05:10,640 Speaker 2: That'd be five thirteen. Unemployment numbers out to the Sorry, 97 00:05:10,680 --> 00:05:12,960 Speaker 2: employment numbers are out today. We'll talk to Westpac about 98 00:05:12,960 --> 00:05:16,080 Speaker 2: that in a second. Also, I mentioned the issue of 99 00:05:17,040 --> 00:05:20,560 Speaker 2: nuclear weapons, just the small issue of nuclear weapons. So 100 00:05:20,640 --> 00:05:23,560 Speaker 2: the treaty between the US and Russia. So the US 101 00:05:23,600 --> 00:05:26,280 Speaker 2: and Russia obviously the two biggest nuclear powers in the world. 102 00:05:26,640 --> 00:05:29,520 Speaker 2: There are now no limits or heads of tonight, there 103 00:05:29,520 --> 00:05:32,840 Speaker 2: will be no limits on the number of nukes that 104 00:05:32,880 --> 00:05:36,640 Speaker 2: they can have in their arsenal at the moment they 105 00:05:36,720 --> 00:05:39,600 Speaker 2: have both signed up to the New Start Treaty. It's 106 00:05:39,600 --> 00:05:41,960 Speaker 2: about fifty years old. The last time it was re 107 00:05:42,120 --> 00:05:45,760 Speaker 2: signed was under Obama and Medvedev. That was back in 108 00:05:45,880 --> 00:05:49,159 Speaker 2: twenty ten, and it basically says, you've got a limit. 109 00:05:49,279 --> 00:05:53,000 Speaker 2: You can only have a strategic arsenal of fifteen hundred 110 00:05:53,080 --> 00:05:56,680 Speaker 2: and fifty warheads. The total number of delivery systems i e. 111 00:05:56,800 --> 00:06:00,120 Speaker 2: Your missiles and your bombers would be eight hundred. And 112 00:06:00,160 --> 00:06:02,000 Speaker 2: they signed that and that was all good. And then 113 00:06:02,160 --> 00:06:04,440 Speaker 2: Putin and Trump are not re signing this deal, so 114 00:06:04,480 --> 00:06:07,719 Speaker 2: it's going to expire. And the reason is Trump wants 115 00:06:07,880 --> 00:06:11,200 Speaker 2: China involved in it too. So the US has five 116 00:06:11,360 --> 00:06:15,920 Speaker 2: than one hundred in their stockpile, Russia has five thousand, 117 00:06:16,040 --> 00:06:21,320 Speaker 2: four hundred and its stockpile China considerably smaller arsenal six 118 00:06:21,400 --> 00:06:24,640 Speaker 2: hundred warheads, but Trump wants them involved. Then don't seem 119 00:06:24,640 --> 00:06:26,800 Speaker 2: to be coming to the party anytime soon. So the 120 00:06:26,839 --> 00:06:30,920 Speaker 2: whole thing is up and smoke tonight, Ryan Bread, not literally, 121 00:06:30,960 --> 00:06:34,000 Speaker 2: hopefully right. The wine industry is nursing a bit of 122 00:06:34,000 --> 00:06:37,120 Speaker 2: an oversupply hangover at the moment. Around one hundred thousand 123 00:06:37,160 --> 00:06:39,520 Speaker 2: tons of grapes. This is a fifth of the crop 124 00:06:39,960 --> 00:06:42,680 Speaker 2: were left on the vine last year after exports just 125 00:06:42,680 --> 00:06:45,599 Speaker 2: couldn't keep up. Growers are hoping this season's a lot 126 00:06:45,640 --> 00:06:50,880 Speaker 2: more balanced. Ty Nelson is a vineyard manager at Soljian's winery, 127 00:06:51,000 --> 00:06:55,359 Speaker 2: joins us this morning, Tie, good morning, Good morning. So 128 00:06:55,480 --> 00:06:57,920 Speaker 2: what was behind the huge boost and crops last year. 129 00:07:00,040 --> 00:07:03,080 Speaker 7: Well, we've had a couple of years of just really 130 00:07:03,160 --> 00:07:08,279 Speaker 7: good seasons. I mean we're still catching up from COVID 131 00:07:09,120 --> 00:07:12,160 Speaker 7: and we've just had bumper crops over the last couple 132 00:07:12,200 --> 00:07:18,160 Speaker 7: of years. That I mean with exports drying up, I 133 00:07:18,160 --> 00:07:19,600 Speaker 7: mean we just have me able to sell it. 134 00:07:20,280 --> 00:07:22,680 Speaker 2: And is that because people aren't drinking as much? Or 135 00:07:22,720 --> 00:07:25,400 Speaker 2: have we got more competition? Why are the export what's 136 00:07:25,400 --> 00:07:26,440 Speaker 2: happening with the exports? 137 00:07:28,600 --> 00:07:33,600 Speaker 7: It's all those things for sure. Yeah, people globally aren't 138 00:07:33,640 --> 00:07:37,360 Speaker 7: drinking as much. The demand has dropped off overseas for 139 00:07:38,400 --> 00:07:42,520 Speaker 7: all of our wines, and I mean even locally, people 140 00:07:42,520 --> 00:07:45,040 Speaker 7: aren't drinking as much. So, you know, it's hard to 141 00:07:45,120 --> 00:07:47,720 Speaker 7: keep up with production when we don't know what people 142 00:07:47,760 --> 00:07:49,760 Speaker 7: are going to be drinking. 143 00:07:50,320 --> 00:07:52,320 Speaker 2: Ty, what can you do about that as a as 144 00:07:52,360 --> 00:07:55,320 Speaker 2: a wine maker? Is you know, because people are going 145 00:07:55,360 --> 00:08:00,480 Speaker 2: to lower calorie options, they're going to lower alcohol options. 146 00:08:01,000 --> 00:08:03,680 Speaker 2: Can you do anything with wine to accommodate that? 147 00:08:07,000 --> 00:08:09,920 Speaker 7: Yeah, there's there's heaps of options you can you can 148 00:08:09,960 --> 00:08:14,480 Speaker 7: approach it with, you can, I mean, yeah, it's it's 149 00:08:14,720 --> 00:08:16,880 Speaker 7: really hard to predict what the market is going to 150 00:08:16,960 --> 00:08:20,840 Speaker 7: do year to year, especially when when people are drinking 151 00:08:20,920 --> 00:08:24,880 Speaker 7: less and it's you know, with with lower alcohol options, 152 00:08:25,760 --> 00:08:28,280 Speaker 7: the equipment to be able to produce something like that, 153 00:08:28,480 --> 00:08:32,839 Speaker 7: especially for someone small like Solgions, is a really hard 154 00:08:33,040 --> 00:08:36,760 Speaker 7: call to make. I mean, the best that we can 155 00:08:36,800 --> 00:08:38,920 Speaker 7: do is keep making good wine and hopes that people, 156 00:08:40,200 --> 00:08:42,920 Speaker 7: you know, just keep buying it and keep drinking it 157 00:08:42,960 --> 00:08:47,320 Speaker 7: and keep supporting us. But for for bigger companies, you know, 158 00:08:48,280 --> 00:08:52,320 Speaker 7: those lower alcohol options are different definitely on the on 159 00:08:52,360 --> 00:08:55,679 Speaker 7: the books, there's lots of investment into that. 160 00:08:57,640 --> 00:09:00,840 Speaker 2: What happens with leaving grapes on the well, i mean, 161 00:09:00,880 --> 00:09:02,720 Speaker 2: what does that do to your business? 162 00:09:04,160 --> 00:09:07,760 Speaker 7: Well, it's it's money left sitting out really, I mean yeah, 163 00:09:07,880 --> 00:09:13,080 Speaker 7: especially for the bigger vineyards in Marlborough, it's literally just 164 00:09:13,280 --> 00:09:16,640 Speaker 7: money sitting on the vines that that they can't do 165 00:09:16,679 --> 00:09:20,839 Speaker 7: anything with. And it's yeah, it's really disappointing, especially as 166 00:09:20,840 --> 00:09:23,040 Speaker 7: a grower to see you know, all that hard work 167 00:09:23,080 --> 00:09:25,800 Speaker 7: you've worked for a year to get to get these 168 00:09:26,559 --> 00:09:28,680 Speaker 7: you know, to get these great you know, really healthy 169 00:09:28,720 --> 00:09:31,280 Speaker 7: and really good quality, and then you're just going to 170 00:09:31,320 --> 00:09:33,640 Speaker 7: leave them sitting there because no one wants them. 171 00:09:34,920 --> 00:09:37,000 Speaker 2: I appreciate your time this morning, thanks for filling us 172 00:09:37,000 --> 00:09:41,160 Speaker 2: and Ty Nelson, vineyard manager at Souljian's Winery. Time is 173 00:09:41,200 --> 00:09:43,280 Speaker 2: seventeen after five for your O news talks here B. 174 00:09:43,320 --> 00:09:46,440 Speaker 2: We'll go to Westpac next on unemployment numbers out today, 175 00:09:47,240 --> 00:09:48,080 Speaker 2: the news. 176 00:09:47,840 --> 00:09:50,840 Speaker 1: You need this morning and the in depth analysis early 177 00:09:51,040 --> 00:09:54,720 Speaker 1: edition with Ryan Bridge and one Root Love Where you 178 00:09:54,800 --> 00:09:55,840 Speaker 1: Live News talks. 179 00:09:55,840 --> 00:09:58,319 Speaker 2: It'd be five twenty on news Talks B. This is 180 00:09:58,360 --> 00:10:02,520 Speaker 2: from John Morning John. Ryan, wine sales are buggered globally. 181 00:10:02,640 --> 00:10:04,920 Speaker 2: It's taken a few years to hit New Zealand. Non 182 00:10:05,000 --> 00:10:09,440 Speaker 2: alcoholic wine is awful, and regulations prohibit innovation. I'd love 183 00:10:09,480 --> 00:10:13,800 Speaker 2: to know what regulations are prohibiting innovation, Morning Ryan. Staying 184 00:10:13,840 --> 00:10:15,880 Speaker 2: in Auckland for a month over January February. This is 185 00:10:15,920 --> 00:10:18,840 Speaker 2: from Jewels on driving drive to the airport from Saint 186 00:10:18,920 --> 00:10:23,000 Speaker 2: John's Road. Remuer Road has pedestrian lights. One school kid 187 00:10:23,040 --> 00:10:27,400 Speaker 2: crossing stops fifty cars at peak time eight am. These 188 00:10:27,600 --> 00:10:31,120 Speaker 2: crossings are spaced three to four hundred meters apart. Causes havoc, 189 00:10:31,920 --> 00:10:35,720 Speaker 2: and they go off at different They're not coordinated, so 190 00:10:35,880 --> 00:10:39,199 Speaker 2: you are stop start stop, start stop start at peak time. 191 00:10:40,000 --> 00:10:43,080 Speaker 2: First ten days of January was a dream, says Jewels. 192 00:10:43,120 --> 00:10:47,480 Speaker 2: What to do now? What to do? Indeed, Ryan Bridge, 193 00:10:47,720 --> 00:10:50,360 Speaker 2: we get the first job market stats of the year today. 194 00:10:50,440 --> 00:10:53,120 Speaker 2: Most major banks are expecting unemployment to hold steady five 195 00:10:53,160 --> 00:10:56,000 Speaker 2: point three percent. That's because what wage growth expected to 196 00:10:56,040 --> 00:11:00,160 Speaker 2: remain subdued, still lagging inflation. Michael Gordon West Paxine your 197 00:11:00,160 --> 00:11:04,360 Speaker 2: economist with me this morning. Michael, good morning, good morning. 198 00:11:04,440 --> 00:11:05,040 Speaker 2: What's your peck. 199 00:11:06,440 --> 00:11:08,880 Speaker 8: Yeah, Like as you said, with a lot of the 200 00:11:08,880 --> 00:11:11,480 Speaker 8: other banks, we're expecting the unemployment the whole city. It's 201 00:11:11,520 --> 00:11:15,240 Speaker 8: five point three. We saw through some of the nice 202 00:11:15,320 --> 00:11:17,440 Speaker 8: months of jobs numbers. We get them stats. Now there's 203 00:11:17,480 --> 00:11:19,840 Speaker 8: the bit of jobs growth coming through, but at the 204 00:11:19,880 --> 00:11:22,880 Speaker 8: moment it's just enough to stabilize the unemployment rate rather 205 00:11:22,920 --> 00:11:24,920 Speaker 8: than help to bring it down again. That's probably more 206 00:11:24,960 --> 00:11:26,920 Speaker 8: story as we get into twenty twenty. 207 00:11:26,640 --> 00:11:28,320 Speaker 2: Six, when does that start to turn. 208 00:11:30,400 --> 00:11:33,319 Speaker 8: I think at the moment we're expecting that to probably 209 00:11:33,360 --> 00:11:36,400 Speaker 8: start to happen by midyear and then sort of improving 210 00:11:36,520 --> 00:11:39,400 Speaker 8: over the course of the next year. Or so. Usually 211 00:11:39,559 --> 00:11:42,920 Speaker 8: jobs lager that from the broader economic cycle. So we've 212 00:11:42,920 --> 00:11:44,760 Speaker 8: had I mean, how far are we into the economic 213 00:11:45,200 --> 00:11:48,840 Speaker 8: upturn we've had. We had one good quarter reporter, we're 214 00:11:48,960 --> 00:11:51,800 Speaker 8: expecting another one to decend the quarter. So it's probably 215 00:11:51,960 --> 00:11:54,160 Speaker 8: a process that's sort of start. That happened. It's three 216 00:11:54,160 --> 00:11:55,160 Speaker 8: to six months after that. 217 00:11:55,760 --> 00:11:57,679 Speaker 2: Meanwhile, across the Tesman they're overheating. 218 00:11:59,520 --> 00:12:02,120 Speaker 8: Yeah, so we had the Reserve Bank of Australia raised 219 00:12:02,160 --> 00:12:06,800 Speaker 8: interest rates yesterday. I think to understand that, you've really 220 00:12:06,840 --> 00:12:08,559 Speaker 8: got to go back to I guess the history of 221 00:12:08,600 --> 00:12:11,760 Speaker 8: the last few years when everyone is raising interest rates. Australia, 222 00:12:11,960 --> 00:12:15,720 Speaker 8: they really made a choice to do the minimum required 223 00:12:15,760 --> 00:12:17,760 Speaker 8: to get inflation back into their target and try to 224 00:12:17,800 --> 00:12:20,480 Speaker 8: preserve jobs and growth. And they did that really well, 225 00:12:21,000 --> 00:12:22,400 Speaker 8: but it meant they were going to have no wiggle 226 00:12:22,480 --> 00:12:25,120 Speaker 8: room when things started to get up again. In New Zealand, 227 00:12:25,280 --> 00:12:28,120 Speaker 8: the Reserve Bank went a bit harder on inflation and 228 00:12:28,160 --> 00:12:30,280 Speaker 8: the economy suffered. But it means that they do have 229 00:12:30,400 --> 00:12:33,360 Speaker 8: more wiggle rooms. They're not as under as much pressure 230 00:12:33,400 --> 00:12:35,959 Speaker 8: to start raising rates again as inflation started to pick up. 231 00:12:36,040 --> 00:12:39,160 Speaker 2: And what is worse, Michael, what they've done or what 232 00:12:39,200 --> 00:12:42,440 Speaker 2: we've done, because the thoughts, just the thought of it 233 00:12:42,559 --> 00:12:46,000 Speaker 2: coming back again, like this monster that hides under your 234 00:12:46,040 --> 00:12:49,920 Speaker 2: bed and then leaps out whenever things get a little 235 00:12:49,960 --> 00:12:54,760 Speaker 2: too hot, is just frightening because we know how inflation 236 00:12:55,240 --> 00:12:59,000 Speaker 2: robs you and steals your wages. So what's worse what 237 00:12:59,040 --> 00:13:00,360 Speaker 2: we've done or what they're doing. 238 00:13:01,679 --> 00:13:03,800 Speaker 8: Well, it's a great question, and I think again i'd 239 00:13:03,800 --> 00:13:08,320 Speaker 8: emphasize it's been a choice that the respective countries have made, 240 00:13:08,360 --> 00:13:10,600 Speaker 8: and even I think even as a little six months ago, 241 00:13:10,640 --> 00:13:12,520 Speaker 8: I still heard a lot of people saying Australia had 242 00:13:12,520 --> 00:13:15,240 Speaker 8: made the better choice, and they may be thinking like, 243 00:13:15,320 --> 00:13:16,880 Speaker 8: it looks like the worst choice now, but I think 244 00:13:16,920 --> 00:13:19,560 Speaker 8: you've rarely got to look at it over the course 245 00:13:19,640 --> 00:13:23,960 Speaker 8: of this whole up and down cycle. So you know, 246 00:13:23,960 --> 00:13:25,480 Speaker 8: I think we're probably still not at the stage where 247 00:13:25,520 --> 00:13:28,000 Speaker 8: we can judge which one made the better choice, but 248 00:13:28,080 --> 00:13:30,120 Speaker 8: certainly at the moment that the tides have sort of 249 00:13:30,160 --> 00:13:31,840 Speaker 8: started to shift a bit more in our fader. 250 00:13:32,000 --> 00:13:35,240 Speaker 2: Yeah, Michael, appreciate that. Michael Gordon, Westpac senior economist. It's 251 00:13:35,240 --> 00:13:38,520 Speaker 2: twenty three minutes half to five grand bride, so market 252 00:13:38,640 --> 00:13:42,840 Speaker 2: sensitive information. This was Mandlssohn yesterday we spoke about him. 253 00:13:43,120 --> 00:13:46,680 Speaker 2: He's now Peter Mandlsson, that is Lord Mandelsson, though they're 254 00:13:46,679 --> 00:13:48,640 Speaker 2: trying to get rid of his peerage too. But he's 255 00:13:48,720 --> 00:13:51,440 Speaker 2: quit the House of Lords overnight. He quit Labor the 256 00:13:51,520 --> 00:13:54,600 Speaker 2: night before that, so slowly he's quitting everything because he's 257 00:13:54,679 --> 00:13:59,160 Speaker 2: basically been pushed out in shame. And during the two 258 00:13:59,200 --> 00:14:04,280 Speaker 2: thousand and eight financial crash he gave well could have 259 00:14:04,840 --> 00:14:09,240 Speaker 2: may have given market sensitive information out Now the number 260 00:14:09,280 --> 00:14:12,080 Speaker 2: ten Downing Street has issued a statement. They say only 261 00:14:12,120 --> 00:14:16,319 Speaker 2: people operating in an official capacity had access to this information, 262 00:14:16,840 --> 00:14:20,119 Speaker 2: which he is then accused of emailing to his mate Epstein. 263 00:14:20,600 --> 00:14:24,600 Speaker 2: The Cabinet Office has now referred this material to police. 264 00:14:25,040 --> 00:14:26,960 Speaker 2: They say that is the right place for them to 265 00:14:27,000 --> 00:14:29,520 Speaker 2: determine whether to investigate. So the met now having a 266 00:14:29,560 --> 00:14:33,200 Speaker 2: look into Mandalson twenty four minutes after five the early. 267 00:14:33,080 --> 00:14:37,280 Speaker 1: Edition full show podcast on iHeartRadio how It by News. 268 00:14:37,040 --> 00:14:40,400 Speaker 2: Talks at Me five twenty six News Talks said, be 269 00:14:40,680 --> 00:14:43,280 Speaker 2: let that Ossie economy be a bit of a warning 270 00:14:43,360 --> 00:14:46,480 Speaker 2: to us. The inflation thief might be gone, but it 271 00:14:46,520 --> 00:14:48,840 Speaker 2: still lurks in the corner, and if you're not careful, 272 00:14:48,880 --> 00:14:51,800 Speaker 2: it happily leaps out and steals your wages. Last week 273 00:14:51,840 --> 00:14:54,080 Speaker 2: we spoke about the fact their inflation is running hot, 274 00:14:54,080 --> 00:14:58,160 Speaker 2: almost four percent across the Tasman They're now world leader's 275 00:14:58,520 --> 00:15:01,480 Speaker 2: highest rate in the developed wild, more than the UK, 276 00:15:01,640 --> 00:15:05,240 Speaker 2: the US, Germany, Japan, Canada, Spain and France. Not something 277 00:15:05,240 --> 00:15:07,640 Speaker 2: that Elbow or anyone in camber Ralli should be proud of. 278 00:15:07,680 --> 00:15:11,080 Speaker 2: So yesterday the RBA did what central banks do. Things 279 00:15:11,160 --> 00:15:13,640 Speaker 2: get a little too spicy, they hike the rates. They've 280 00:15:13,680 --> 00:15:15,600 Speaker 2: just done a quarter of a percent. They're likely to 281 00:15:15,640 --> 00:15:20,120 Speaker 2: do another one next month. Labour has a very generous system. 282 00:15:20,320 --> 00:15:22,480 Speaker 2: You might have heard friends who've moved over there talk 283 00:15:22,520 --> 00:15:25,040 Speaker 2: about it. That gets Aussies into hous its first home 284 00:15:25,080 --> 00:15:27,680 Speaker 2: buyers can get in with the ten percent there's cash 285 00:15:27,680 --> 00:15:31,760 Speaker 2: at the ready. Housing costs are partly driving this inflation. 286 00:15:32,320 --> 00:15:35,080 Speaker 2: No such thing as a free lunch. The subsidies are 287 00:15:35,120 --> 00:15:38,480 Speaker 2: also helping to drive house prices up, which in places 288 00:15:38,520 --> 00:15:41,280 Speaker 2: like Sydney, go and have a look. Melbourne and even 289 00:15:41,360 --> 00:15:45,400 Speaker 2: now Brisbane completely out of reach, not even comparable to 290 00:15:45,440 --> 00:15:47,760 Speaker 2: our big cities, especially now that ours have come down 291 00:15:47,800 --> 00:15:50,720 Speaker 2: a bit. Now the interest rate hikes that these young 292 00:15:51,000 --> 00:15:53,280 Speaker 2: new buyers are going to have to swallow as the 293 00:15:53,360 --> 00:15:56,240 Speaker 2: rates go up, will leave an estimated one point three 294 00:15:56,360 --> 00:16:01,040 Speaker 2: million mortgage holders under stress. Roy Morgan says that's thirty 295 00:16:01,080 --> 00:16:04,920 Speaker 2: percent of mortgage holders in Australia now. Alba and Labor 296 00:16:04,960 --> 00:16:08,080 Speaker 2: are overseeing near record highs of government spending at the 297 00:16:08,120 --> 00:16:12,120 Speaker 2: same time almost thirty percent of GDP Now. The problem 298 00:16:12,200 --> 00:16:15,760 Speaker 2: is when the private sector runs up against competition from 299 00:16:15,800 --> 00:16:18,160 Speaker 2: the public sector, it can cause the whole thing to 300 00:16:18,200 --> 00:16:20,440 Speaker 2: fizz and bubble up to the point of overheating. And 301 00:16:20,480 --> 00:16:24,120 Speaker 2: overheating needs calling and calling causes pain. So the next 302 00:16:24,120 --> 00:16:26,680 Speaker 2: time that politicians on this side of the Tasman telling 303 00:16:26,720 --> 00:16:29,880 Speaker 2: you that more borrowing and spending will solve our problems, 304 00:16:30,040 --> 00:16:34,240 Speaker 2: ask them how much, from where, for what exactly, and 305 00:16:34,400 --> 00:16:37,800 Speaker 2: whether the spend carries an inflation risk or not. Brian 306 00:16:38,760 --> 00:16:43,600 Speaker 2: twenty eight minutes after five gas Maoi gas field, they say, 307 00:16:44,040 --> 00:16:47,240 Speaker 2: the pundits the commentators reckon it's coming to its end 308 00:16:47,240 --> 00:16:49,280 Speaker 2: of its life. It will probably be over by twenty 309 00:16:49,320 --> 00:16:52,120 Speaker 2: twenty seven, and everyone's worried is the price going to 310 00:16:52,200 --> 00:16:55,920 Speaker 2: go up? Because other gas fields are in decline, prices 311 00:16:55,960 --> 00:16:59,440 Speaker 2: go up. But here's the thing. Jardin came out yesterday 312 00:16:59,480 --> 00:17:05,800 Speaker 2: and said that batteries and new renewables might actually cap 313 00:17:05,920 --> 00:17:09,119 Speaker 2: the spike that you'll see in prices, keep the average 314 00:17:09,320 --> 00:17:13,840 Speaker 2: wholesale prices lower than what traders are currently betting on. 315 00:17:13,880 --> 00:17:17,960 Speaker 2: This is from Business Desk. So the MAUI supply eighteen 316 00:17:18,040 --> 00:17:22,639 Speaker 2: percent of our gas and if that goes offline, you 317 00:17:22,680 --> 00:17:24,960 Speaker 2: would say, oh my goodness, that's going to really push 318 00:17:25,000 --> 00:17:28,119 Speaker 2: the prices up. But they're still predicting prices to ease 319 00:17:28,160 --> 00:17:31,040 Speaker 2: through the second half of the decade as new renewables 320 00:17:31,040 --> 00:17:35,920 Speaker 2: and batteries reduce the reliance on higher cost thermal generation. 321 00:17:36,080 --> 00:17:38,880 Speaker 2: So there you go. News Talk ZB it's tough pass. 322 00:17:39,640 --> 00:17:51,000 Speaker 2: We'll get to our UK correspondent and reporters after this. 323 00:17:52,480 --> 00:17:56,159 Speaker 1: Get ahead of the headlines on early edition with Ryan 324 00:17:56,240 --> 00:17:59,040 Speaker 1: Branch and One Root Love Where you Live. 325 00:17:59,320 --> 00:18:08,480 Speaker 2: News Talks twenty four away from the sexty're on News Talks. 326 00:18:08,480 --> 00:18:10,159 Speaker 2: It'd be great to have your company coming up the 327 00:18:10,200 --> 00:18:12,560 Speaker 2: four six, a look at the driver licensing changes that 328 00:18:12,600 --> 00:18:15,440 Speaker 2: Bishop's bringing in, and we will go to the UK 329 00:18:15,600 --> 00:18:16,359 Speaker 2: with Mike Pears. 330 00:18:17,760 --> 00:18:18,040 Speaker 6: Ryan. 331 00:18:18,320 --> 00:18:20,240 Speaker 2: The whole thing This is from David. The whole thing 332 00:18:20,280 --> 00:18:24,080 Speaker 2: that renewables or alternatives and batteries will take up the 333 00:18:24,160 --> 00:18:26,760 Speaker 2: slack of fossil fuels anytime in their future is just 334 00:18:26,840 --> 00:18:29,320 Speaker 2: a myth. The technology is not there to produce and 335 00:18:29,359 --> 00:18:33,480 Speaker 2: store enough energy to satisfying demand. David, you're absolutely right. However, 336 00:18:33,800 --> 00:18:37,840 Speaker 2: I think that what this Jarden is getting at with 337 00:18:37,960 --> 00:18:41,119 Speaker 2: their analysis of what's happening at the Mai gas field, 338 00:18:41,240 --> 00:18:43,719 Speaker 2: which is basically going to end soon, end of life. 339 00:18:44,000 --> 00:18:47,360 Speaker 2: I think what they're saying is that within a decade 340 00:18:47,400 --> 00:18:49,680 Speaker 2: that we should be there at least part the way there, 341 00:18:49,680 --> 00:18:51,760 Speaker 2: and that should pick up some of the slack. Also, 342 00:18:51,800 --> 00:18:57,000 Speaker 2: people texting in about exactly when the Maui production will end. 343 00:18:58,320 --> 00:19:02,359 Speaker 2: Someone here is saying December twenty two, late last year. 344 00:19:02,760 --> 00:19:05,120 Speaker 2: There was talk that it was the start of this year. 345 00:19:05,680 --> 00:19:07,600 Speaker 2: Of course, it wouldn't be great for a government to 346 00:19:07,640 --> 00:19:10,960 Speaker 2: have a gainsfield closed just before an election. But I wonder, yeah, 347 00:19:11,000 --> 00:19:13,320 Speaker 2: I don't know exactly when. This person seems to think 348 00:19:13,320 --> 00:19:16,439 Speaker 2: that MB has been told exactly when. I don't know 349 00:19:16,560 --> 00:19:18,680 Speaker 2: exactly when. I mean, that would be quite good and 350 00:19:18,800 --> 00:19:21,720 Speaker 2: produce the information to have, wouldn't it. Twenty three minutes 351 00:19:21,720 --> 00:19:24,679 Speaker 2: away from six bray and Bridge. Let's go to our 352 00:19:24,840 --> 00:19:28,200 Speaker 2: reporters Collen Proctor and Dnedan Cullen. Good morning morning, Right 353 00:19:28,359 --> 00:19:31,640 Speaker 2: now there's a by election coming up and not much 354 00:19:31,680 --> 00:19:35,880 Speaker 2: time left to consider a run. No, look, well that's right. 355 00:19:35,920 --> 00:19:38,399 Speaker 4: Times tickings being held the spy election to fill the 356 00:19:38,440 --> 00:19:41,320 Speaker 4: seat left faken after counsel the Jills Radick died suddenly 357 00:19:41,840 --> 00:19:46,680 Speaker 4: last month and so nominations only opened on Monday paperwork 358 00:19:46,720 --> 00:19:50,600 Speaker 4: though due by midday March second. We know of at 359 00:19:50,680 --> 00:19:52,920 Speaker 4: least two former counselors who are stout on the vote 360 00:19:52,960 --> 00:19:55,600 Speaker 4: last year who will be putting their names back in 361 00:19:55,640 --> 00:19:59,520 Speaker 4: the hat for this by election. The Deputy electoral officer here, Robinsill, 362 00:19:59,560 --> 00:20:01,920 Speaker 4: and says in anyone with a strong interest in Dunedin's 363 00:20:01,960 --> 00:20:05,640 Speaker 4: future should consider standing. The other factor is these by 364 00:20:05,680 --> 00:20:08,920 Speaker 4: elections typically attract low voter turnout. One in Hamilton a 365 00:20:09,000 --> 00:20:11,919 Speaker 4: couple of years ago drew about thirty three percent, and 366 00:20:11,920 --> 00:20:14,359 Speaker 4: in last year's election only forty five percent of Dunedin 367 00:20:14,440 --> 00:20:15,560 Speaker 4: voters went to the polls. 368 00:20:15,760 --> 00:20:19,000 Speaker 2: Hey Callumn, this is unrelated, but have you heard about 369 00:20:19,040 --> 00:20:23,240 Speaker 2: the yellow bar leaners and the squiggly lines that have 370 00:20:23,320 --> 00:20:26,160 Speaker 2: been painted around Queen's Drive and they've closed the street 371 00:20:26,240 --> 00:20:27,600 Speaker 2: off in Dunedin? Have you seen that. 372 00:20:28,240 --> 00:20:30,879 Speaker 4: I haven't seen it with my own eyes, but you've 373 00:20:30,920 --> 00:20:34,440 Speaker 4: read the stories, read the stories, seen the pictures, heard 374 00:20:34,480 --> 00:20:38,520 Speaker 4: the feedback. There's nothing positive this being said about it. 375 00:20:38,560 --> 00:20:43,840 Speaker 4: In fact, this issue has been enough to convince one 376 00:20:44,440 --> 00:20:47,760 Speaker 4: local to stand in this by election just on this 377 00:20:47,880 --> 00:20:48,440 Speaker 4: matter alone. 378 00:20:48,960 --> 00:20:52,119 Speaker 2: Really, we have to talk to that person tomorrow, Kenzy. 379 00:20:52,880 --> 00:20:55,480 Speaker 2: So they put a ping pong table there and the 380 00:20:55,560 --> 00:20:58,879 Speaker 2: bats are already broken. And how does it cost fifteen 381 00:20:58,960 --> 00:21:02,360 Speaker 2: thousand dollars just to a little straight anyway? It sounds nuts. 382 00:21:02,400 --> 00:21:05,280 Speaker 2: How's your weather, calp? Yeah, good day today? Fine, but 383 00:21:05,359 --> 00:21:07,520 Speaker 2: a morning and even cloud eighteen the height? Nice one, 384 00:21:07,560 --> 00:21:10,240 Speaker 2: Thank you? Clear in christ Church, take clear, good morning. 385 00:21:10,640 --> 00:21:14,040 Speaker 2: The use of christ Church is Cathedral Square is being challenged. 386 00:21:14,440 --> 00:21:16,440 Speaker 5: Yes, well, we've got a council meeting here in christ 387 00:21:16,520 --> 00:21:19,520 Speaker 5: Church today and a petition is being handed to the 388 00:21:19,560 --> 00:21:23,880 Speaker 5: council by Resident Daniel o'mera, who is arguing that ticketed 389 00:21:24,000 --> 00:21:27,080 Speaker 5: events should no longer be allowed at Cathedral Square and 390 00:21:27,119 --> 00:21:30,320 Speaker 5: should instead be moved to Hagley Park. Around eight private 391 00:21:30,320 --> 00:21:32,680 Speaker 5: events have been held in the square since twenty twenty three, 392 00:21:32,800 --> 00:21:35,560 Speaker 5: so only a handful, but that does include several drum 393 00:21:35,600 --> 00:21:39,320 Speaker 5: and bass gigs, which have attracted thousands. The council intends 394 00:21:39,359 --> 00:21:41,919 Speaker 5: to rent out the area for up to one hundred 395 00:21:41,960 --> 00:21:45,280 Speaker 5: and twenty days a year. The petition argues that hiring 396 00:21:45,280 --> 00:21:47,960 Speaker 5: out the space is depriving residents of a civic and 397 00:21:48,080 --> 00:21:51,560 Speaker 5: community hub. O'mera says the square should only be fenced 398 00:21:51,600 --> 00:21:54,520 Speaker 5: off or closed to the public for things like construction 399 00:21:54,720 --> 00:21:58,280 Speaker 5: or emergencies, all for cleaning, which he says should only 400 00:21:58,320 --> 00:22:01,720 Speaker 5: happen no more than four ninth year and only overnight. 401 00:22:02,400 --> 00:22:04,639 Speaker 2: Right, Okay, how's your weather fine? 402 00:22:04,640 --> 00:22:07,199 Speaker 5: Aside from a bit of morning cloud about today northeasterly 403 00:22:07,280 --> 00:22:09,199 Speaker 5: is developing and nineteen degrees. 404 00:22:09,400 --> 00:22:12,800 Speaker 2: Enjoy the pong, Max and Wellington. Hey Max, good morning. 405 00:22:12,960 --> 00:22:15,720 Speaker 2: Now you had the airport closed US today cancel flights 406 00:22:15,760 --> 00:22:16,720 Speaker 2: making up for it today? 407 00:22:17,440 --> 00:22:22,679 Speaker 9: Yeah, a lot of rain and fog. Yesterday it was gray, gloomy, rainy, overcast, 408 00:22:22,760 --> 00:22:24,800 Speaker 9: a lot of low cloud. About fifty flights had to 409 00:22:24,800 --> 00:22:28,760 Speaker 9: be canceled yesterday afternoon and evening, so a massive disruption 410 00:22:29,119 --> 00:22:32,200 Speaker 9: and some international flights had to be diverted. Coming in 411 00:22:32,600 --> 00:22:35,640 Speaker 9: massive disruption that of course has a tail. Those domestic 412 00:22:35,720 --> 00:22:38,520 Speaker 9: passengers are scrambling to get on other flights, other flights 413 00:22:38,520 --> 00:22:40,480 Speaker 9: are being put on today. I mean the good news 414 00:22:40,520 --> 00:22:43,760 Speaker 9: is the forecast from this morning through white tang You 415 00:22:43,800 --> 00:22:46,919 Speaker 9: weekend is actually pretty good. Flights are taking off this morning. 416 00:22:47,240 --> 00:22:49,520 Speaker 9: Yesterday just felt like I won off the forecast today 417 00:22:49,600 --> 00:22:52,520 Speaker 9: clearing to fine strong, southerly's dying out, getting up close 418 00:22:52,560 --> 00:22:53,600 Speaker 9: to twenty brilliant. 419 00:22:53,640 --> 00:22:56,520 Speaker 2: You enjoy that day, Max and Neighvas and Auckland, Neva. 420 00:22:56,560 --> 00:22:57,680 Speaker 1: Good morning for reatings. 421 00:22:58,320 --> 00:23:00,119 Speaker 2: Tell us about their hornets. 422 00:23:00,040 --> 00:23:04,520 Speaker 10: Yes, those yellow lead hornets. So Biosecurity is adapting this 423 00:23:04,640 --> 00:23:08,920 Speaker 10: eradication technique to changing the hornet behaviors. This is obviously 424 00:23:08,920 --> 00:23:11,240 Speaker 10: on the North Shore. So so far the teams have 425 00:23:11,320 --> 00:23:15,080 Speaker 10: located and destroyed fifty two yellow lead to hornet nests 426 00:23:15,200 --> 00:23:18,719 Speaker 10: and forty nine queens. So this is by you know, 427 00:23:18,800 --> 00:23:22,000 Speaker 10: attaching those small radio transmitters to the worker hornets and 428 00:23:22,040 --> 00:23:25,480 Speaker 10: this helps, you know, then find more nests in the area, 429 00:23:25,560 --> 00:23:29,800 Speaker 10: which is pretty good. Mike Ingles, he's the Biosecurity Commissioner North. 430 00:23:30,160 --> 00:23:33,399 Speaker 10: He says, going further into summer, those insects species, they 431 00:23:33,440 --> 00:23:37,960 Speaker 10: begin building larger nests. So this tracking technique with the 432 00:23:38,000 --> 00:23:41,160 Speaker 10: small radio transmitters, it's led to the removal of three 433 00:23:41,240 --> 00:23:43,040 Speaker 10: nests and they're expecting more to come. 434 00:23:43,080 --> 00:23:46,240 Speaker 2: But they must be tiny radio are they on? Actually 435 00:23:46,560 --> 00:23:50,760 Speaker 2: hornet at least so far. Otherwise they'd be wayed down, 436 00:23:51,080 --> 00:23:55,760 Speaker 2: you know, much too much cargo on a plane. Special 437 00:23:56,400 --> 00:23:59,440 Speaker 2: horrible psycho little serial killers. Those hornets. 438 00:23:59,440 --> 00:24:00,920 Speaker 10: Oh, they don't hold bad. 439 00:24:01,000 --> 00:24:03,680 Speaker 2: They go out, they wait outside the bees the nest, 440 00:24:04,280 --> 00:24:08,040 Speaker 2: and the bees are literally too scared to leave. It's terrible. 441 00:24:08,080 --> 00:24:08,800 Speaker 1: But you see them. 442 00:24:09,200 --> 00:24:11,600 Speaker 2: Oh no, I was reading about them, and they're too 443 00:24:11,640 --> 00:24:14,760 Speaker 2: scared to leave the nest because these guys will stalk 444 00:24:14,800 --> 00:24:17,280 Speaker 2: outside the nest, grab them, take them back to their 445 00:24:17,320 --> 00:24:21,240 Speaker 2: nest and pull their bodies apart. That's seriously. Oh that 446 00:24:21,400 --> 00:24:23,000 Speaker 2: is terrible. Cool. 447 00:24:23,440 --> 00:24:25,240 Speaker 10: Oh, now that's going I'm going to have nightmares. 448 00:24:25,240 --> 00:24:27,840 Speaker 2: Now blow them up? Blow them up? How's to win that? 449 00:24:28,840 --> 00:24:29,040 Speaker 5: Cool? 450 00:24:29,119 --> 00:24:32,840 Speaker 10: Held showers clearing though. Tonight twenty five is the high 451 00:24:32,880 --> 00:24:33,520 Speaker 10: year at Auckland. 452 00:24:33,680 --> 00:24:37,760 Speaker 2: Brilliant, nice one. It is eighteen minutes away from six News. 453 00:24:37,800 --> 00:24:40,240 Speaker 2: Talk to B We'll get to our UK correspondent next. 454 00:24:40,640 --> 00:24:43,120 Speaker 2: I've said it before. I wish I'd known more about 455 00:24:43,200 --> 00:24:46,400 Speaker 2: investing from the first paycheck I ever got. The good 456 00:24:46,440 --> 00:24:48,520 Speaker 2: news is I know it now and I got my 457 00:24:48,560 --> 00:24:51,359 Speaker 2: money goals setting ready to go. The new year is 458 00:24:51,600 --> 00:24:54,280 Speaker 2: a perfect moment for you to take stock, whether it's 459 00:24:54,400 --> 00:24:57,400 Speaker 2: planning a holiday, buying your dream home, or setting yourself 460 00:24:57,480 --> 00:25:00,840 Speaker 2: up for a retirement that you'll enjoy. Winging it isn't 461 00:25:00,880 --> 00:25:04,000 Speaker 2: a plan. Now's the time to get clear on exactly 462 00:25:04,040 --> 00:25:06,080 Speaker 2: what your money goals are and how you get there. 463 00:25:06,359 --> 00:25:09,480 Speaker 2: That's where money goals dot co dot nz comes in. 464 00:25:09,640 --> 00:25:13,879 Speaker 2: It's a hub with investing insights, kiwisaver tips and practical 465 00:25:13,920 --> 00:25:16,560 Speaker 2: ways to plan for your retirement. Listen on the go 466 00:25:16,680 --> 00:25:18,919 Speaker 2: this summer or read it when it suits and because 467 00:25:18,920 --> 00:25:23,080 Speaker 2: it's created by Melford, it's credible and genuinely useful. Check 468 00:25:23,080 --> 00:25:27,320 Speaker 2: out money goals dot co dot nz. Past performance is 469 00:25:27,359 --> 00:25:30,439 Speaker 2: not a reliable indicator of future performance. Melford Funds Limited 470 00:25:30,480 --> 00:25:32,879 Speaker 2: as the issuer of the Milford Keewisaber Plan and the 471 00:25:32,920 --> 00:25:35,480 Speaker 2: Milford Investment Funds. Go to Milford Asset dot com to 472 00:25:35,480 --> 00:25:38,639 Speaker 2: read the relevant product disclosure statement and financial advice provided 473 00:25:38,680 --> 00:25:39,560 Speaker 2: Disclosure Statement. 474 00:25:40,400 --> 00:25:44,560 Speaker 1: International correspondence with Nzeneye Insurance Feace of Mind for New 475 00:25:44,640 --> 00:25:45,440 Speaker 1: Zealand Business. 476 00:25:46,680 --> 00:25:49,520 Speaker 2: Mike tess Our UK eure A correspondent joins us Live Mike, 477 00:25:49,920 --> 00:25:51,399 Speaker 2: what's the latest with Mandelssohn. 478 00:25:52,640 --> 00:25:55,040 Speaker 11: Well, Lord Mandelson, of course, one of the UK's best 479 00:25:55,080 --> 00:25:58,480 Speaker 11: known political figures, has resigned eventually from Parliament. In fact, 480 00:25:58,520 --> 00:26:00,560 Speaker 11: in the last couple of hours. It follows the latest 481 00:26:00,600 --> 00:26:03,880 Speaker 11: release of those Epstein files. Now, responding to the news, 482 00:26:04,000 --> 00:26:07,120 Speaker 11: UK Prime Minister Kiss Starmer said he let the country down. 483 00:26:07,480 --> 00:26:09,760 Speaker 11: It comes after the government said if he didn't resign, 484 00:26:09,800 --> 00:26:13,000 Speaker 11: they'd introduce legal powers to sack him. But for now 485 00:26:13,040 --> 00:26:15,240 Speaker 11: he keeps his title as a lord. That's because of 486 00:26:15,320 --> 00:26:18,159 Speaker 11: existing rules. The governments say it will introduce legislation to 487 00:26:18,240 --> 00:26:21,720 Speaker 11: deal with that. Now. Documents reveal a close relationship with Epstein, 488 00:26:21,760 --> 00:26:25,000 Speaker 11: who it's claimed made payments to him of seventy five 489 00:26:25,080 --> 00:26:28,760 Speaker 11: thousand US dollars and his partner twenty thousand dollars. He's 490 00:26:28,800 --> 00:26:32,120 Speaker 11: also under investigation by police overclaims he passed on top 491 00:26:32,200 --> 00:26:35,320 Speaker 11: secret government information. Now that's the big allegation he sent 492 00:26:35,640 --> 00:26:38,760 Speaker 11: that really has sent this matter into overdrive. Here he 493 00:26:38,840 --> 00:26:41,200 Speaker 11: was also pictured, as you may recall, in his underpants 494 00:26:41,280 --> 00:26:43,840 Speaker 11: at the weekend in one of Epstein's homes when those 495 00:26:43,840 --> 00:26:46,480 Speaker 11: documents were released. Now, this is turning out to be 496 00:26:46,520 --> 00:26:48,840 Speaker 11: one of the biggest political scandals in the UK for 497 00:26:48,880 --> 00:26:52,040 Speaker 11: many years. Manilson held many key government posts over the 498 00:26:52,119 --> 00:26:55,640 Speaker 11: last forty years and was UK Ambassador to the United States. Now, 499 00:26:55,680 --> 00:26:58,679 Speaker 11: in another development, a charity set up by Sarah Ferguson 500 00:26:59,000 --> 00:27:02,680 Speaker 11: she the former life of Prince Andrew, has closed after 501 00:27:02,760 --> 00:27:06,159 Speaker 11: new revelations about her relationship with Epstein. It's claimed she 502 00:27:06,240 --> 00:27:08,520 Speaker 11: was in contact with him while he was in prison, 503 00:27:08,720 --> 00:27:11,200 Speaker 11: and the King's brother, Prince Edward said a short time 504 00:27:11,240 --> 00:27:14,080 Speaker 11: ago it was important to remember in all of this 505 00:27:14,359 --> 00:27:15,520 Speaker 11: the victims. 506 00:27:15,600 --> 00:27:17,800 Speaker 2: Yeah, one hundred percent. Now what about this being on 507 00:27:17,880 --> 00:27:20,920 Speaker 2: Russia taking part at the World Cup apparently could soon 508 00:27:20,960 --> 00:27:21,520 Speaker 2: be lifted. 509 00:27:21,560 --> 00:27:25,159 Speaker 11: True, Well, that is what we are hearing, and of 510 00:27:25,160 --> 00:27:27,800 Speaker 11: course it does follow a very controversial decision to lift 511 00:27:27,800 --> 00:27:31,040 Speaker 11: the ban at the next Paralympic Games. Now, the FIFA president, 512 00:27:31,080 --> 00:27:33,639 Speaker 11: of course they manage the whole World Cup, says we 513 00:27:33,720 --> 00:27:37,360 Speaker 11: have to look at restoring Russian teams, adding the ban 514 00:27:37,480 --> 00:27:41,560 Speaker 11: has not achieved anything, it's just created more frustration and hatred. 515 00:27:41,840 --> 00:27:43,879 Speaker 11: Of course, the next World Cup games get underway in 516 00:27:43,960 --> 00:27:46,520 Speaker 11: June and they're being held in America, Canada and Mexico. 517 00:27:47,040 --> 00:27:50,760 Speaker 11: The Ukrainian Sports Minister has branded the remark as irresponsible. 518 00:27:51,080 --> 00:27:53,160 Speaker 11: The ban was imposed at the start of the war, 519 00:27:53,200 --> 00:27:56,320 Speaker 11: which is four years ago. Some European football associations say 520 00:27:56,400 --> 00:27:59,080 Speaker 11: they are horrified now it comes after that decision to 521 00:27:59,119 --> 00:28:02,600 Speaker 11: allow Russia to compete in the next Paralympics. Organizers they're 522 00:28:02,600 --> 00:28:04,720 Speaker 11: saying they don't think athletes would use the games for 523 00:28:04,760 --> 00:28:08,240 Speaker 11: political reasons. Now more than thirty countries in Europe opposed 524 00:28:08,240 --> 00:28:11,119 Speaker 11: to that decision will use the Winter Olympics opening in 525 00:28:11,200 --> 00:28:14,560 Speaker 11: Milan on Friday as a platform to demand a rethink 526 00:28:14,600 --> 00:28:15,280 Speaker 11: on that policy. 527 00:28:15,480 --> 00:28:17,600 Speaker 2: All right, thanks to that update. That is Mike psa 528 00:28:17,760 --> 00:28:20,600 Speaker 2: UK europe correspondent. By the way, he is Prince Edward 529 00:28:20,680 --> 00:28:23,600 Speaker 2: who was asked about Epstein at an event in Dubai. 530 00:28:23,840 --> 00:28:26,720 Speaker 3: It's all really important always to remember the victims and 531 00:28:27,119 --> 00:28:28,280 Speaker 3: who are the victims and all this. 532 00:28:28,520 --> 00:28:31,120 Speaker 2: And he was the first royal actually to speak now 533 00:28:31,280 --> 00:28:33,800 Speaker 2: about the whole Epstein scandal. None of them have said 534 00:28:33,840 --> 00:28:37,800 Speaker 2: anything publicly. Let's go to Russia. He's over and this 535 00:28:37,960 --> 00:28:40,160 Speaker 2: is the native boss over in Ukraine at the moment. Now, 536 00:28:40,240 --> 00:28:43,400 Speaker 2: Ukraine has been hit overnight by the worst attacks so 537 00:28:43,520 --> 00:28:46,920 Speaker 2: far this year. Russia has hit Ukraine's energy sites. 538 00:28:47,680 --> 00:28:50,720 Speaker 12: THEIRK talks are now on their way and this is 539 00:28:50,920 --> 00:28:56,440 Speaker 12: important progress, but Russia attacks like those last night do 540 00:28:56,640 --> 00:28:59,480 Speaker 12: not signal seriousness about peace. 541 00:29:00,440 --> 00:29:02,840 Speaker 2: Praying Bridge chiners are living away from six so the 542 00:29:02,880 --> 00:29:06,560 Speaker 2: full driver's licensed tests are gone berger Instead, under twenty 543 00:29:06,640 --> 00:29:10,360 Speaker 2: fives will spend twelve months on a learner's license, zero 544 00:29:10,560 --> 00:29:13,920 Speaker 2: tolerance for booze on your learners or restricted from twenty 545 00:29:13,960 --> 00:29:17,680 Speaker 2: twenty seven. Mark revel Johnson is president of the Institute 546 00:29:17,720 --> 00:29:21,000 Speaker 2: of Driver Educators, joins us this morning. Hey Mark, good 547 00:29:21,040 --> 00:29:23,680 Speaker 2: morning Ron. The government says this is going to save 548 00:29:23,880 --> 00:29:27,320 Speaker 2: people about eighty bucks. Does that sound and marry up 549 00:29:27,320 --> 00:29:28,200 Speaker 2: with what you're seeing. 550 00:29:29,800 --> 00:29:33,040 Speaker 13: Yeah, roughly in the in terms of cost of going 551 00:29:33,040 --> 00:29:34,480 Speaker 13: through the licensing process. Yeah. 552 00:29:34,560 --> 00:29:36,880 Speaker 2: Do you think the roads will be more or less safe? 553 00:29:38,720 --> 00:29:43,160 Speaker 13: I don't think it's going to change. It's certainly not 554 00:29:43,160 --> 00:29:46,520 Speaker 13: going to improve matters. Let's take for example this twelve 555 00:29:46,560 --> 00:29:51,120 Speaker 13: months on the restricted phase and then no test. Let's 556 00:29:51,120 --> 00:29:53,640 Speaker 13: say you've passed your restricted and then toddled off on 557 00:29:53,720 --> 00:29:56,880 Speaker 13: eu Rowe went to one of the biggest cities in 558 00:29:56,920 --> 00:30:01,760 Speaker 13: Europe or wherever, and you live on and use public 559 00:30:01,760 --> 00:30:05,360 Speaker 13: transport for the year, come back and without having driven 560 00:30:05,400 --> 00:30:08,280 Speaker 13: another kilometer since your restricted test, you get your full license. 561 00:30:09,960 --> 00:30:13,400 Speaker 13: They talk about doing a number of hours before your 562 00:30:13,680 --> 00:30:17,120 Speaker 13: learners or that can reduce the number of the time 563 00:30:17,160 --> 00:30:20,080 Speaker 13: spent on your learner's license that way, I think that 564 00:30:20,120 --> 00:30:24,400 Speaker 13: would be better, or at least have an additional claws 565 00:30:24,560 --> 00:30:28,400 Speaker 13: like that between between the restrictors and the full Do. 566 00:30:28,440 --> 00:30:31,240 Speaker 2: You think that the cost and the and the second 567 00:30:31,240 --> 00:30:35,000 Speaker 2: practical taste for people is does put them off actually 568 00:30:35,040 --> 00:30:36,000 Speaker 2: finishing the job. 569 00:30:37,800 --> 00:30:40,240 Speaker 13: It's certainly a factor. I mean, let's say, say who 570 00:30:40,280 --> 00:30:45,959 Speaker 13: likes doing tests the Yeah, some people are very nervous 571 00:30:45,960 --> 00:30:49,560 Speaker 13: about it. We as driving instructors, we see high anxiety 572 00:30:49,640 --> 00:30:52,480 Speaker 13: rates and much students for for going for a restricted 573 00:30:52,680 --> 00:30:56,920 Speaker 13: or or a full license test. That's that's a perfectly 574 00:30:57,000 --> 00:31:01,480 Speaker 13: natural thing. The driving instructors, of course, can help you 575 00:31:01,520 --> 00:31:03,720 Speaker 13: to prepare for that so you feel more confident going 576 00:31:03,720 --> 00:31:07,840 Speaker 13: into it. But it's yeah, people don't like doing tests. 577 00:31:07,880 --> 00:31:10,600 Speaker 13: And with a restricted license, if you're not driving at night, 578 00:31:10,680 --> 00:31:12,760 Speaker 13: or you're not driving friends round, there isn't really a 579 00:31:12,760 --> 00:31:15,880 Speaker 13: lot of incentive to go forward from there and to 580 00:31:15,960 --> 00:31:16,560 Speaker 13: better yourself. 581 00:31:16,600 --> 00:31:19,360 Speaker 2: As what's the thing, what is the one thing you 582 00:31:19,400 --> 00:31:21,200 Speaker 2: think would actually make people be the drivers? 583 00:31:22,720 --> 00:31:26,680 Speaker 13: More training and practical training is really the thing to do. 584 00:31:26,920 --> 00:31:31,400 Speaker 13: It's you know, we can link theory, and theory has 585 00:31:31,440 --> 00:31:36,320 Speaker 13: its place, but actually being behind the wheel with somebody 586 00:31:36,320 --> 00:31:39,960 Speaker 13: who can watch those little the little nuances of what 587 00:31:40,000 --> 00:31:43,960 Speaker 13: you're doing or not doing that can increase risk, that 588 00:31:44,000 --> 00:31:48,239 Speaker 13: can be that can be invaluable. Like, for example, if 589 00:31:48,280 --> 00:31:51,080 Speaker 13: you look at some of the failed failing failing reasons 590 00:31:51,120 --> 00:31:53,120 Speaker 13: on the full licensed test, there's an awful lot of 591 00:31:53,120 --> 00:31:55,560 Speaker 13: people who are failing that test, and they're failing it 592 00:31:55,680 --> 00:32:00,680 Speaker 13: for crash promoting type behaviors, So speeding and not stopping 593 00:32:00,680 --> 00:32:06,840 Speaker 13: at stop signs and not not giving way properly quite important. Yeah, 594 00:32:07,160 --> 00:32:09,520 Speaker 13: important things in terms of risk. But you know this 595 00:32:09,640 --> 00:32:11,680 Speaker 13: is when the driver's supposed to be on the best behavior. 596 00:32:12,040 --> 00:32:15,520 Speaker 2: Yeah, exactly. Marke appreciate that update. Mark revel Johnson, President 597 00:32:15,600 --> 00:32:19,160 Speaker 2: of the Institute of Driver Educators. Time is seven Away 598 00:32:19,200 --> 00:32:22,160 Speaker 2: from Sex News Talks EDB on your. 599 00:32:22,120 --> 00:32:27,120 Speaker 1: Radio and online on iHeartRadio Early Edition with Ryan Bridge 600 00:32:27,320 --> 00:32:30,360 Speaker 1: and one roof Love Where You Live News. 601 00:32:30,160 --> 00:32:32,120 Speaker 2: Talks d B five to six. Bit of a U 602 00:32:32,160 --> 00:32:33,880 Speaker 2: tune from the Clintons on Epstein. 603 00:32:34,120 --> 00:32:36,760 Speaker 14: But I want to say one thing to the American keeching. 604 00:32:37,680 --> 00:32:39,280 Speaker 14: I want you to listen to me. I'm going to 605 00:32:39,320 --> 00:32:44,000 Speaker 14: say this again, I did not have sexual relations with 606 00:32:44,080 --> 00:32:46,080 Speaker 14: that woman, miss Lewanski. 607 00:32:46,320 --> 00:32:48,760 Speaker 2: Yeah, so they were meant to that. They said they 608 00:32:48,800 --> 00:32:51,960 Speaker 2: were fighting like tooth and nail. We're not going to 609 00:32:51,960 --> 00:32:54,800 Speaker 2: come and do anything in front of Congress. You're not 610 00:32:54,840 --> 00:32:57,560 Speaker 2: going to get us before a committee tried to dodge it, 611 00:32:57,640 --> 00:33:00,760 Speaker 2: and they have now said through a spokesperson and actually, yes, 612 00:33:00,800 --> 00:33:03,560 Speaker 2: we will come and testify in front of Congress because 613 00:33:03,920 --> 00:33:08,880 Speaker 2: they were at risk of potentially an investigation and potentially 614 00:33:08,960 --> 00:33:12,120 Speaker 2: being criminally liable for not doing so. So they aren't 615 00:33:12,120 --> 00:33:14,959 Speaker 2: going to appear. Not sure quite when at this stage. 616 00:33:14,960 --> 00:33:19,240 Speaker 2: Four to six Bryan Bridge Morning, Mike, greetings, who taught 617 00:33:19,280 --> 00:33:22,479 Speaker 2: you how to drive? Well, mum, oh yeah, that's out 618 00:33:22,560 --> 00:33:24,920 Speaker 2: all in my agent stage. 619 00:33:24,960 --> 00:33:27,320 Speaker 15: Everyone got taught by their parents in the supermarket car 620 00:33:27,400 --> 00:33:29,840 Speaker 15: park because the supermarket back in the day was not 621 00:33:29,960 --> 00:33:31,680 Speaker 15: open on I think it might have been Sunday. I 622 00:33:31,680 --> 00:33:33,600 Speaker 15: think it was open Saturday, but it wasn't open Sunday, 623 00:33:33,960 --> 00:33:36,040 Speaker 15: so the car park was empty and you went down 624 00:33:36,080 --> 00:33:39,720 Speaker 15: to the car park in the hilmet avingera vinyl roof manual. 625 00:33:40,160 --> 00:33:42,880 Speaker 15: Nothing automatic automatic was flashing those days. So you all 626 00:33:43,000 --> 00:33:45,760 Speaker 15: learn to drive manual still can, and that's a skill 627 00:33:45,800 --> 00:33:46,280 Speaker 15: you should have. 628 00:33:47,160 --> 00:33:48,520 Speaker 2: Well, I learned to emmanual. 629 00:33:48,640 --> 00:33:48,800 Speaker 8: Yeah. 630 00:33:48,840 --> 00:33:51,760 Speaker 2: Well we didn't have automatics when I was that age either. 631 00:33:51,880 --> 00:33:54,080 Speaker 15: Well, so anyways, mom does it? You go around to 632 00:33:54,080 --> 00:33:56,200 Speaker 15: the AA, you sit the old you know, the paperwork, 633 00:33:56,680 --> 00:33:59,320 Speaker 15: and then you makee Brian takes at first. Of course 634 00:33:59,320 --> 00:34:01,880 Speaker 15: I pasted it. 635 00:34:00,840 --> 00:34:04,840 Speaker 2: Round my practical test. I crashed the car, backed into 636 00:34:04,920 --> 00:34:07,440 Speaker 2: a lamp post and the guy still passed. 637 00:34:08,040 --> 00:34:11,200 Speaker 15: That's that's and that's why my park downstairs is nowhere 638 00:34:11,600 --> 00:34:15,400 Speaker 15: here your park downstairs. Anyway, we'll talk about the driving 639 00:34:15,719 --> 00:34:18,560 Speaker 15: and building. Weird building stats. Despite the fact you can't 640 00:34:18,600 --> 00:34:21,560 Speaker 15: sell an apartment, they're building more apartments. 641 00:34:22,920 --> 00:34:23,200 Speaker 2: About it. 642 00:34:23,280 --> 00:34:24,480 Speaker 15: Anyway, we'll get to the bottom of it. 643 00:34:24,560 --> 00:34:27,200 Speaker 2: Brilliant might with your next News Talks. 644 00:34:26,920 --> 00:34:27,200 Speaker 14: It Be. 645 00:34:29,840 --> 00:34:32,799 Speaker 1: For more from early edition with Ryan Bridge. Listen live 646 00:34:32,920 --> 00:34:35,920 Speaker 1: to News Talks it Be from five am weekdays, or 647 00:34:36,000 --> 00:34:37,920 Speaker 1: follow the podcast on iHeartRadio.