1 00:00:01,200 --> 00:00:05,360 Speaker 1: The issues, the interviews and the inside. 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 --> 00:00:10,720 Speaker 1: news talks, it'd be good morning. 4 00:00:10,760 --> 00:00:12,720 Speaker 2: It is six half to five. Great to have your company. 5 00:00:12,800 --> 00:00:16,200 Speaker 2: Nick Toughley from ASB on Willis's worst case scenario before 6 00:00:16,239 --> 00:00:19,000 Speaker 2: six donal tomorrow out of Australia. Why are all those 7 00:00:19,040 --> 00:00:23,480 Speaker 2: Iranian soccer women going home? Miles Harrel, who's next? Will 8 00:00:23,520 --> 00:00:26,120 Speaker 2: ask the question? And if you would like to complain 9 00:00:26,160 --> 00:00:28,880 Speaker 2: about a new pub or a club, Karen's are getting 10 00:00:28,880 --> 00:00:34,240 Speaker 2: their move on orders the agenda Tuesday, the seventeenth of March. 11 00:00:34,240 --> 00:00:37,200 Speaker 2: Who's protecting the Strait? The Germans have said no, thanks Trump. 12 00:00:37,240 --> 00:00:39,440 Speaker 2: The Japanese has said no. The Aussies are saying no. 13 00:00:39,600 --> 00:00:41,159 Speaker 2: Starmer's your last man standing. 14 00:00:41,440 --> 00:00:45,920 Speaker 3: Our priority is always the national interest. I want to 15 00:00:45,920 --> 00:00:48,640 Speaker 3: see an end to this war as quickly as possible, 16 00:00:48,840 --> 00:00:52,479 Speaker 3: because the longer it goes on, the more dangerous the 17 00:00:52,520 --> 00:00:56,080 Speaker 3: situation becomes, and the worse it is for the cost 18 00:00:56,080 --> 00:00:57,640 Speaker 3: of living back here at home. 19 00:00:57,800 --> 00:01:00,720 Speaker 2: Yes, that is true. This military analyst has quite a 20 00:01:00,760 --> 00:01:01,960 Speaker 2: simple reality check. 21 00:01:02,000 --> 00:01:03,880 Speaker 4: We pick on all those It's it's obvious it's a 22 00:01:03,920 --> 00:01:05,720 Speaker 4: chap point. But as long as the run can reach 23 00:01:05,720 --> 00:01:09,600 Speaker 4: across the region and destroy loading terminals, refineries, assets, you know, 24 00:01:09,600 --> 00:01:11,240 Speaker 4: and other things. It doesn't matter whether you can get 25 00:01:11,240 --> 00:01:13,959 Speaker 4: ships in route. If they can reach out it, well, 26 00:01:14,000 --> 00:01:16,559 Speaker 4: there's no cargo and that's another major problem. 27 00:01:16,640 --> 00:01:18,240 Speaker 2: And there is an update on that. I'll bring you 28 00:01:18,240 --> 00:01:21,160 Speaker 2: that in a second. Meanwhile, around still hitting the golf states, 29 00:01:21,160 --> 00:01:21,960 Speaker 2: cut are not happy. 30 00:01:22,000 --> 00:01:23,560 Speaker 5: Every one has decided to do I guess into this 31 00:01:23,680 --> 00:01:26,600 Speaker 5: escalation and therefore they're very simple do it right now 32 00:01:26,680 --> 00:01:29,520 Speaker 5: is that if they stop the attacks, then we can 33 00:01:30,080 --> 00:01:32,120 Speaker 5: find a way out for diplomacy. But as long as 34 00:01:32,160 --> 00:01:34,360 Speaker 5: our countries are being attacked, this is not the time 35 00:01:34,400 --> 00:01:36,680 Speaker 5: to establish committees. It's the time to take a very 36 00:01:36,959 --> 00:01:40,360 Speaker 5: principal position and protecting our countries right. 37 00:01:40,240 --> 00:01:42,760 Speaker 2: As you probably know. And finally this morning, the oscars 38 00:01:42,760 --> 00:01:44,760 Speaker 2: were on yesterday. Did you watch them, know, because you 39 00:01:44,760 --> 00:01:47,080 Speaker 2: don't have five hours. If you do have three hours 40 00:01:47,200 --> 00:01:48,840 Speaker 2: or three and a half, you might have watched one 41 00:01:48,840 --> 00:01:51,640 Speaker 2: of the leading films, One Battle after Another Best Picture, 42 00:01:51,720 --> 00:01:55,880 Speaker 2: Michael B. Jordan Best Actor, Jesse Buckley Best Actress for Hamnet. 43 00:01:55,920 --> 00:01:59,400 Speaker 2: That was really good, But attention is always on the joke. 44 00:01:59,480 --> 00:02:01,640 Speaker 2: So we picked out what we think were the best two. 45 00:02:01,840 --> 00:02:05,800 Speaker 2: First of all, Ann Hathaway and Anna Wintour, the most important. 46 00:02:05,320 --> 00:02:07,800 Speaker 6: People in Passion will be judging how one looks. 47 00:02:07,960 --> 00:02:15,440 Speaker 7: Anna just curious, what. 48 00:02:15,440 --> 00:02:16,400 Speaker 8: Do you think of my dress? 49 00:02:16,400 --> 00:02:18,840 Speaker 9: Tonight, and the nominees are. 50 00:02:20,240 --> 00:02:24,079 Speaker 2: In Canna O'Brien's dab at Timothy's Shadow Maine macurity. 51 00:02:23,760 --> 00:02:25,040 Speaker 1: Is extremely take tonight. 52 00:02:25,200 --> 00:02:28,040 Speaker 2: I'm got to mention that, Yeah, I'm told there's concerns 53 00:02:28,080 --> 00:02:31,040 Speaker 2: about attacks from both the opera and ballet communities. 54 00:02:34,800 --> 00:02:38,480 Speaker 1: Get ahead of the headlines on early edition with Ryan 55 00:02:38,520 --> 00:02:41,359 Speaker 1: Bridge and one roof Love where you live? 56 00:02:41,720 --> 00:02:44,720 Speaker 2: Used talks'd be used talks. He'd be nine minutes after five. 57 00:02:44,880 --> 00:02:46,920 Speaker 2: Nine two ninety two is the number to text. And 58 00:02:46,919 --> 00:02:50,760 Speaker 2: we will also talk about Chris Hopkins this morning, but 59 00:02:50,880 --> 00:02:52,880 Speaker 2: very quickly before we do any of that, there are 60 00:02:52,919 --> 00:02:56,360 Speaker 2: a couple of little updates from overnight. For Gyra is the 61 00:02:56,440 --> 00:02:58,760 Speaker 2: name of a it's a big port. In fact, it's 62 00:02:58,760 --> 00:03:02,600 Speaker 2: the biggest port in the UA oil storage facility. Massive thing, 63 00:03:02,840 --> 00:03:06,800 Speaker 2: quite important that's been hit by drones overnight, as has 64 00:03:06,919 --> 00:03:11,639 Speaker 2: do Bai International Airport, world's busiest international airport. So Iran's 65 00:03:11,760 --> 00:03:14,400 Speaker 2: just like Kamakazi, who cares. Let's go for it. The 66 00:03:14,440 --> 00:03:17,960 Speaker 2: problem with Fujira is that it's on the eastern coast. 67 00:03:18,200 --> 00:03:20,160 Speaker 2: And this is to the point that they are analysts 68 00:03:20,240 --> 00:03:22,320 Speaker 2: just a few seconds ago was making it's on the 69 00:03:22,360 --> 00:03:26,360 Speaker 2: eastern coast the Gulf of Aman, opposite to the Strait 70 00:03:26,400 --> 00:03:30,720 Speaker 2: of Humus. So you've got basically these guys on that 71 00:03:30,840 --> 00:03:33,760 Speaker 2: coast keeping us afloat while the strait is shut down. 72 00:03:34,280 --> 00:03:37,120 Speaker 2: They pump it from a pipe from Abu Dhabi. So 73 00:03:37,320 --> 00:03:39,680 Speaker 2: if you can control the strait, or at least not 74 00:03:41,120 --> 00:03:43,120 Speaker 2: so much control of the Straight, but keep people out 75 00:03:43,120 --> 00:03:45,720 Speaker 2: of the strait, and then also keep firing drones at 76 00:03:45,720 --> 00:03:48,360 Speaker 2: the other side of the coast, you have what might 77 00:03:48,480 --> 00:03:51,240 Speaker 2: starts to look like a very big picture. It is 78 00:03:51,320 --> 00:03:54,760 Speaker 2: just a couple of drones and they were largely intercepted, 79 00:03:54,840 --> 00:03:56,800 Speaker 2: is what we've been told so far. So there you go. 80 00:03:57,360 --> 00:03:59,560 Speaker 2: Also Trump, you know how Trump's supposed to go to 81 00:04:00,160 --> 00:04:04,760 Speaker 2: China in end of March, start of April. That might 82 00:04:04,800 --> 00:04:06,920 Speaker 2: be delayed, they're saying at this stage we're not sure, 83 00:04:07,040 --> 00:04:09,560 Speaker 2: but might be delayed. Nothing to do with the fact 84 00:04:09,560 --> 00:04:11,560 Speaker 2: that China won't go in and protect the Straight though. 85 00:04:11,600 --> 00:04:13,760 Speaker 2: Here's Scott beston Treasury sectory. 86 00:04:13,800 --> 00:04:16,640 Speaker 8: If the president's visit, and I'm saying, if the present's 87 00:04:16,680 --> 00:04:20,320 Speaker 8: visit is postponed, it would have nothing to do with 88 00:04:20,400 --> 00:04:24,480 Speaker 8: the Chinese making a commitment to the strength for books. 89 00:04:25,120 --> 00:04:28,039 Speaker 8: It would obviously be there an interest to do so. 90 00:04:28,040 --> 00:04:30,480 Speaker 2: So basically he's saying, yeah, you should go and do it, 91 00:04:30,480 --> 00:04:32,160 Speaker 2: but if you don't, we're not going to cancel the 92 00:04:32,200 --> 00:04:34,719 Speaker 2: trip on that basis. We'd only cancel the trip because 93 00:04:34,720 --> 00:04:37,000 Speaker 2: the war's on and he is the commander in chief, 94 00:04:37,600 --> 00:04:40,760 Speaker 2: Ryan bred As I said Hipkins in a second. Next though, 95 00:04:40,839 --> 00:04:44,400 Speaker 2: we'll talk about the booze law changes and why, I mean, 96 00:04:44,440 --> 00:04:47,200 Speaker 2: why is it that up until now anyone from out 97 00:04:47,200 --> 00:04:49,640 Speaker 2: of town could complain about the opening of a pub 98 00:04:49,760 --> 00:04:52,359 Speaker 2: or giving a liquor license and that would be a 99 00:04:52,400 --> 00:04:55,400 Speaker 2: valid complaint. Why do they have a say? Who cares 100 00:04:55,680 --> 00:04:57,400 Speaker 2: what you think? I mean, if you live in christ 101 00:04:57,440 --> 00:04:59,960 Speaker 2: Church and I'm in Auckland and I'm upset about a 102 00:05:00,040 --> 00:05:03,320 Speaker 2: pub opening, should I really should my voice really be counted? 103 00:05:03,680 --> 00:05:05,279 Speaker 2: That's next eleven after five. 104 00:05:06,200 --> 00:05:10,080 Speaker 1: On your radio and online on Iheard Radio Early Edition 105 00:05:10,400 --> 00:05:14,000 Speaker 1: with Ryan Bridge and one roof Love where you Live. 106 00:05:14,320 --> 00:05:17,599 Speaker 2: News talks had been thirteen after five News Talks, Sa'd 107 00:05:17,640 --> 00:05:20,640 Speaker 2: be Ryan the oscars. What a bunch of pretentious narcissists. 108 00:05:21,240 --> 00:05:23,719 Speaker 2: The little cloud that they sit on bears no resemblance. 109 00:05:23,760 --> 00:05:26,359 Speaker 2: This is from Graham, Morning Graham, You're having a great morning. 110 00:05:26,360 --> 00:05:28,760 Speaker 2: By the sounds of it. Bears no resemblance to the 111 00:05:28,800 --> 00:05:31,560 Speaker 2: real world, and way too much emphasis is placed on them. 112 00:05:31,720 --> 00:05:34,280 Speaker 2: Better to live in reality than in their fantasy. Yeah, 113 00:05:34,320 --> 00:05:36,520 Speaker 2: it's the same with the media awards. Every time you go, 114 00:05:36,600 --> 00:05:39,400 Speaker 2: it's like everyone's setting around dressing up and basking in 115 00:05:39,440 --> 00:05:42,160 Speaker 2: their own glory. You think this is a bit gross, 116 00:05:42,320 --> 00:05:44,760 Speaker 2: isn't it, But then I suppose every industry has their 117 00:05:44,760 --> 00:05:48,240 Speaker 2: own awards. The difference is this one is televised, though 118 00:05:48,279 --> 00:05:51,920 Speaker 2: no one seems to have watched it. Bryan Bridge hostpo 119 00:05:52,040 --> 00:05:54,719 Speaker 2: and Zed says, don't stop there. This is The government 120 00:05:54,720 --> 00:05:57,320 Speaker 2: looks to loosen booze laws, introduced a bill to stop 121 00:05:57,440 --> 00:06:01,000 Speaker 2: serial karens from blocking new pubs and bars. Only locals 122 00:06:01,040 --> 00:06:03,479 Speaker 2: in the same council area can now object to a 123 00:06:03,520 --> 00:06:06,280 Speaker 2: liquor license. Previously, any old man and his dog could 124 00:06:06,320 --> 00:06:08,880 Speaker 2: do it. Sam McKinnon Hospitality and ZID head of Accuracy 125 00:06:08,920 --> 00:06:12,520 Speaker 2: with us this morning Morning Sam, Morning Ryan, Thanks good 126 00:06:12,560 --> 00:06:14,760 Speaker 2: to have you. Is this a game changer for the 127 00:06:14,800 --> 00:06:15,719 Speaker 2: licensing rules. 128 00:06:17,040 --> 00:06:19,640 Speaker 10: Yeah, I mean I think we would characterize it as 129 00:06:19,960 --> 00:06:24,080 Speaker 10: a rebalancing. A number of changes were made a few 130 00:06:24,160 --> 00:06:27,039 Speaker 10: years ago that that changed the way that the licensing 131 00:06:27,080 --> 00:06:30,360 Speaker 10: process worked, and from our view, that certainly led to 132 00:06:30,440 --> 00:06:35,120 Speaker 10: some vexatious objections. So, as you've noted, you could be 133 00:06:35,160 --> 00:06:38,120 Speaker 10: a country pub in Otago and have no local objections 134 00:06:38,160 --> 00:06:40,320 Speaker 10: known in your local community has any issues with the 135 00:06:40,360 --> 00:06:44,359 Speaker 10: way that you're running your bar or your pub, But 136 00:06:44,480 --> 00:06:46,719 Speaker 10: you could have a series of objections from Auckland and 137 00:06:46,760 --> 00:06:49,680 Speaker 10: that holds up the process generally pushes you into a 138 00:06:49,720 --> 00:06:53,800 Speaker 10: public hearing. So changing some of those rules will certainly 139 00:06:53,800 --> 00:06:55,960 Speaker 10: have an impact for a number of our members. 140 00:06:56,080 --> 00:06:59,920 Speaker 2: So how many of the applications get declined but solely 141 00:07:00,040 --> 00:07:01,960 Speaker 2: on the basis that someone who didn't live near the 142 00:07:02,040 --> 00:07:05,760 Speaker 2: venue complained or is this more about Once that happens, 143 00:07:05,800 --> 00:07:09,440 Speaker 2: it triggers the lengthy and costly process to begin with. 144 00:07:10,600 --> 00:07:13,160 Speaker 10: Yeah, yeah, it's not generally that they get declined. But 145 00:07:13,920 --> 00:07:16,240 Speaker 10: if you don't have any public objections, then you can 146 00:07:16,360 --> 00:07:18,240 Speaker 10: just have your decision made without having to go to 147 00:07:18,280 --> 00:07:21,840 Speaker 10: a hearing. So you know, it's adding time and certainly 148 00:07:21,880 --> 00:07:25,400 Speaker 10: cost into the licensing process, So I guess that's what 149 00:07:25,440 --> 00:07:28,760 Speaker 10: we're hoping that these rules will change, along with some 150 00:07:28,800 --> 00:07:33,080 Speaker 10: of the changes around right of reply and new local 151 00:07:33,120 --> 00:07:37,840 Speaker 10: alcohol policy rules not impacting existing licenses, So all positive 152 00:07:37,840 --> 00:07:38,880 Speaker 10: steps in the right direction. 153 00:07:39,120 --> 00:07:40,800 Speaker 2: What's changing with the zero bears? 154 00:07:42,600 --> 00:07:46,400 Speaker 10: Yeah, so currently zero percent beers have fallen into a 155 00:07:46,400 --> 00:07:48,680 Speaker 10: bit of a gray area. So you've got provisions in 156 00:07:48,680 --> 00:07:51,400 Speaker 10: the Sale and Supply of Alcohol Act around serving zero 157 00:07:52,200 --> 00:07:55,320 Speaker 10: non alcoholic beverages, which covers water and juice and soft drinks, 158 00:07:55,840 --> 00:07:58,920 Speaker 10: and then provisions around needing to serve low alcohol beverages, 159 00:07:58,960 --> 00:08:02,840 Speaker 10: which are you're sort of mid strength beiers and your 160 00:08:03,000 --> 00:08:06,600 Speaker 10: zero percent piers wouldn't satisfy. You can't serve that as 161 00:08:06,600 --> 00:08:08,960 Speaker 10: a as a soft drink, but you also couldn't serve 162 00:08:09,000 --> 00:08:10,880 Speaker 10: that as a low alcohol per So it's kind of 163 00:08:10,920 --> 00:08:14,320 Speaker 10: resolving that challenge that makes it. Obviously, consumer preferences have 164 00:08:14,400 --> 00:08:18,120 Speaker 10: moved much much further down that direction of low or 165 00:08:18,200 --> 00:08:20,360 Speaker 10: zero alcohol beer versus a mid strength two and a 166 00:08:20,400 --> 00:08:23,200 Speaker 10: half percent beer, so a lot of our members are 167 00:08:23,280 --> 00:08:26,120 Speaker 10: purchasing that product solely to satisfy the condition rather than 168 00:08:26,160 --> 00:08:27,520 Speaker 10: because that's what the customer wants. 169 00:08:27,600 --> 00:08:30,400 Speaker 2: Sam the excise on kegs. Is that any different to 170 00:08:30,720 --> 00:08:32,920 Speaker 2: the exercise that we pay just generally on beer. 171 00:08:35,120 --> 00:08:38,280 Speaker 10: Well, it's part of the component of what you pay, 172 00:08:38,760 --> 00:08:40,439 Speaker 10: the tax that you pay on beer. It is the 173 00:08:40,520 --> 00:08:43,200 Speaker 10: largest chunk of texts that you pay on beer. But 174 00:08:43,240 --> 00:08:46,720 Speaker 10: obviously we combined with GST, we're pushing about fifty percent 175 00:08:46,800 --> 00:08:50,120 Speaker 10: of the tax that you pay on a keg is 176 00:08:50,160 --> 00:08:53,320 Speaker 10: now sorry, fifty percent of the price that you pay 177 00:08:53,360 --> 00:08:56,360 Speaker 10: on a keg is now tax. So yes, it's the 178 00:08:56,360 --> 00:08:57,760 Speaker 10: primary component that you're paying. 179 00:08:57,960 --> 00:09:01,119 Speaker 2: What do you think it should be, Well, we'd. 180 00:09:00,880 --> 00:09:03,360 Speaker 10: Like to see a fifty percent reduction on keig tax 181 00:09:03,440 --> 00:09:08,120 Speaker 10: to support the sector. So you're currently your tax aren't excised. 182 00:09:08,160 --> 00:09:12,120 Speaker 10: Tax isn't differentiated between packaged bear or keg bear, and 183 00:09:12,200 --> 00:09:15,920 Speaker 10: so we'd like to see a differentiation on on keig 184 00:09:15,960 --> 00:09:20,440 Speaker 10: bear and then have that tax reduced. We think that 185 00:09:20,520 --> 00:09:24,400 Speaker 10: will support local communities, support the brewing sectors, support ourselves 186 00:09:25,000 --> 00:09:30,600 Speaker 10: obviously as businesses in communities up and down the country, 187 00:09:30,960 --> 00:09:34,760 Speaker 10: and enable more of that sort of viability for your business. 188 00:09:34,840 --> 00:09:37,599 Speaker 2: Sam, appreciate your time this morning, Sam McKinnon, Hospitality and 189 00:09:37,679 --> 00:09:41,560 Speaker 2: Z Time is eighteen after five, Brian Bridge. A bad idea, 190 00:09:41,640 --> 00:09:43,520 Speaker 2: is it? Because if you're at a pub getting a 191 00:09:43,520 --> 00:09:45,439 Speaker 2: beer and it comes from a cag, it'd be cheaper 192 00:09:45,440 --> 00:09:47,320 Speaker 2: than if you went and bought one on this you know, 193 00:09:47,360 --> 00:09:50,440 Speaker 2: from an off license and had it in a can. 194 00:09:50,640 --> 00:09:52,960 Speaker 2: So we can encourage you surely to be at a pub, 195 00:09:53,000 --> 00:09:56,079 Speaker 2: which is a safer place to be over in the UK, 196 00:09:56,240 --> 00:09:58,959 Speaker 2: you know, when they do inflation, they measure inflation by 197 00:09:59,000 --> 00:10:02,679 Speaker 2: measuring a basket of goods while they are adding the Brits. Interestingly, 198 00:10:02,720 --> 00:10:05,600 Speaker 2: we're talking about alcohol free beer. They're adding alcohol free 199 00:10:05,640 --> 00:10:08,640 Speaker 2: beer to their basket of goods that they measure for inflation, 200 00:10:08,760 --> 00:10:13,040 Speaker 2: along with hummus. Yeah, because we're all living healthier lifestyles. 201 00:10:13,080 --> 00:10:16,520 Speaker 2: What else are they adding motor homes? But random pet 202 00:10:16,559 --> 00:10:19,480 Speaker 2: grooming is going in there as well, and pet grooming 203 00:10:19,559 --> 00:10:23,720 Speaker 2: and the spending on pets is absolutely through the roof. 204 00:10:24,240 --> 00:10:26,559 Speaker 2: I watched an ad on TV last night for a 205 00:10:27,920 --> 00:10:33,520 Speaker 2: moose chicken PATAI for a cat from Fancy Feasts, which 206 00:10:33,559 --> 00:10:36,600 Speaker 2: is a brand of pet food. I mean, honestly, what 207 00:10:36,760 --> 00:10:38,440 Speaker 2: has the world coming to And we say there's a 208 00:10:38,440 --> 00:10:41,280 Speaker 2: cost of living crisis and you're giving your cat chicken 209 00:10:41,360 --> 00:10:44,840 Speaker 2: pat a moose. Nineteen after five News Talks ab. 210 00:10:45,400 --> 00:10:48,760 Speaker 1: Views and Views you Trust to start your day. It's 211 00:10:48,840 --> 00:10:52,960 Speaker 1: early edition with Bryan Bridge and one roof Love where 212 00:10:53,000 --> 00:10:54,160 Speaker 1: you Live news Talks. 213 00:10:54,160 --> 00:10:56,560 Speaker 2: He'd be by twenty one. Fonterra boss Myles Harrel has 214 00:10:56,559 --> 00:10:59,400 Speaker 2: stood down yesterday. He's given six months notice. It's been 215 00:10:59,440 --> 00:11:02,720 Speaker 2: eight years the role. Conflicting opinions on his legacy. Niicola 216 00:11:02,760 --> 00:11:05,560 Speaker 2: Willis says great Winston Peter says he's a sellout. Carl 217 00:11:05,600 --> 00:11:08,319 Speaker 2: Deen fed Farmer's dairy chair with us this morning. Hey Carl, 218 00:11:09,760 --> 00:11:12,600 Speaker 2: morning wrong. So we know what the politicians think because 219 00:11:12,640 --> 00:11:14,400 Speaker 2: they're the first to open their mouths. Of course, what 220 00:11:14,440 --> 00:11:15,200 Speaker 2: do farmers think? 221 00:11:17,000 --> 00:11:20,400 Speaker 11: I think most frontiers farmers are pretty happy with Myles' tenure. 222 00:11:21,559 --> 00:11:24,760 Speaker 11: He's taken the cop from what was when he took 223 00:11:24,800 --> 00:11:28,880 Speaker 11: on the job, almost a failing corporative and almost headed 224 00:11:29,040 --> 00:11:33,240 Speaker 11: towards partial foreign ownership, to being a very New Zealand 225 00:11:33,280 --> 00:11:34,400 Speaker 11: based corporative. 226 00:11:34,440 --> 00:11:38,200 Speaker 2: Again, what about the Winston comments? Do they resonate with 227 00:11:38,280 --> 00:11:41,880 Speaker 2: farmers that they put farmers off? After all, almost ninety 228 00:11:41,920 --> 00:11:44,160 Speaker 2: percent voted for the sale right. 229 00:11:45,559 --> 00:11:47,280 Speaker 11: Yes see, I think it was over eighty eight percent. 230 00:11:48,160 --> 00:11:50,680 Speaker 11: I don't think most farmers would believe what Winston hasn't 231 00:11:50,720 --> 00:11:54,400 Speaker 11: say to be honest because, like I just said, the 232 00:11:54,600 --> 00:11:58,520 Speaker 11: fact that when Miles took on the role, the corporative 233 00:11:58,640 --> 00:12:03,559 Speaker 11: was very globalist and now it's become very New Zealand centric. 234 00:12:03,760 --> 00:12:07,240 Speaker 11: So you know, there's very little production for Fonterra now 235 00:12:07,240 --> 00:12:08,200 Speaker 11: happening overseas. 236 00:12:09,040 --> 00:12:10,520 Speaker 9: It's New Zealand Milk's. 237 00:12:11,160 --> 00:12:13,360 Speaker 11: Yeah, it's quite surprising that he's making those comments. 238 00:12:14,320 --> 00:12:18,079 Speaker 2: Cal Riley Kennedy, who is from Business Desk, he's I 239 00:12:18,080 --> 00:12:20,640 Speaker 2: always like listening to him and he has said Richard Allen, 240 00:12:20,760 --> 00:12:24,440 Speaker 2: Global Ingredients President, he's a potential contender. Internally known as 241 00:12:24,480 --> 00:12:26,959 Speaker 2: Golden Boy. Apparently he's a lifer at the co Op, 242 00:12:27,360 --> 00:12:31,040 Speaker 2: fluent in Chinese and Mandarin. Matt Boulger, Managing Director co 243 00:12:31,200 --> 00:12:33,480 Speaker 2: Op Affairs, a couple of names been bandied about, all 244 00:12:33,520 --> 00:12:35,839 Speaker 2: seemed to be internal. Is that what do you think 245 00:12:35,920 --> 00:12:37,079 Speaker 2: the direction they should go in? 246 00:12:39,120 --> 00:12:41,760 Speaker 11: I think that the main direction that farmers would want 247 00:12:41,760 --> 00:12:44,680 Speaker 11: to see is that they bring similar values that Myles 248 00:12:45,360 --> 00:12:47,200 Speaker 11: has brought to the co Op in the last eight years. 249 00:12:47,280 --> 00:12:51,599 Speaker 11: So that's honesty and transparency. Now we've been told of 250 00:12:51,640 --> 00:12:54,360 Speaker 11: spades a spade, and that's what needs to continue. 251 00:12:55,120 --> 00:12:57,960 Speaker 2: Appreciate your time this morning Carl Deen Fed Farmers Dairy 252 00:12:58,040 --> 00:13:02,640 Speaker 2: share time is twenty three minutes after. Now a little 253 00:13:02,720 --> 00:13:06,200 Speaker 2: update on you. Disappointing update for you on the services sector. 254 00:13:06,280 --> 00:13:09,360 Speaker 2: This is for February the Performance Services Index from BNZ 255 00:13:10,040 --> 00:13:14,360 Speaker 2: member Services are two thirds of our economic of our economy, 256 00:13:14,400 --> 00:13:18,120 Speaker 2: of our GDP, so the number for February was forty eight, 257 00:13:18,240 --> 00:13:21,360 Speaker 2: down two point seven on jan Remember, anything under fifty 258 00:13:21,559 --> 00:13:24,520 Speaker 2: is contraction. Anything over fifty years expansion, so we're in 259 00:13:24,640 --> 00:13:28,839 Speaker 2: contraction territory. The long term average is fifty two point eight, 260 00:13:29,440 --> 00:13:33,640 Speaker 2: so forty eight is not great. Rebound into expansion only 261 00:13:33,720 --> 00:13:36,560 Speaker 2: lasted two months, so we were good. We were good 262 00:13:36,760 --> 00:13:39,280 Speaker 2: and and then we were bad again for February. And 263 00:13:39,400 --> 00:13:40,640 Speaker 2: this is a bit of a warr We did have 264 00:13:40,760 --> 00:13:43,199 Speaker 2: weather events, but a bit of a worry because you know, 265 00:13:43,280 --> 00:13:45,679 Speaker 2: the hoping March would be good bounce back, but then 266 00:13:45,720 --> 00:13:49,600 Speaker 2: we also have Trump and the war. I'll have an 267 00:13:49,640 --> 00:13:52,400 Speaker 2: update on that for you next. We'll actually speak to 268 00:13:52,440 --> 00:13:54,280 Speaker 2: an economist as well. Out of a has been nick 269 00:13:54,360 --> 00:13:57,800 Speaker 2: toughly before six his reaction to what Nikola Will has 270 00:13:57,840 --> 00:14:01,160 Speaker 2: said at a one pm press yesterday Hit News Talks. 271 00:14:00,960 --> 00:14:06,080 Speaker 1: Ab the early edition full show podcast on iHeartRadio Power 272 00:14:06,120 --> 00:14:06,960 Speaker 1: it by News Talks. 273 00:14:07,000 --> 00:14:07,240 Speaker 12: It be. 274 00:14:09,679 --> 00:14:12,240 Speaker 2: Five twenty six News Talks. It be Trump speaking from 275 00:14:12,320 --> 00:14:14,600 Speaker 2: the White House as we go to hear this morning, 276 00:14:14,720 --> 00:14:17,040 Speaker 2: and he's talking about around of course, and the strike 277 00:14:17,120 --> 00:14:18,040 Speaker 2: and who's going to protect it. 278 00:14:19,200 --> 00:14:23,000 Speaker 7: Numerous countries have told me they're on the way. Some 279 00:14:23,200 --> 00:14:27,000 Speaker 7: are very enthusiastic about it, and some are in summer 280 00:14:27,040 --> 00:14:31,080 Speaker 7: countries that we've helped for many, many years. We've protected 281 00:14:31,160 --> 00:14:38,000 Speaker 7: them from horrible outside sources, and they weren't that enthusiastic. 282 00:14:39,800 --> 00:14:43,160 Speaker 7: And the level enthusiast of enthusiasm, it matters to me. 283 00:14:43,280 --> 00:14:47,680 Speaker 7: We have some countries where we have forty five thousand soldiers, 284 00:14:47,760 --> 00:14:53,160 Speaker 7: great soldiers, protecting them from harm's way, and we have 285 00:14:54,000 --> 00:14:54,800 Speaker 7: done a great job. 286 00:14:55,680 --> 00:14:56,880 Speaker 1: Ryan Bridge. 287 00:14:58,800 --> 00:15:02,360 Speaker 2: A one pm PRIs yesterday, COVID style alert levels. This 288 00:15:02,680 --> 00:15:05,840 Speaker 2: fuel spike is bringing back bad memories from those dark 289 00:15:05,960 --> 00:15:08,160 Speaker 2: days of lockdown. Isn't it just a little bit go on? 290 00:15:08,280 --> 00:15:10,840 Speaker 2: Omit it? A few facts to put things in perspective 291 00:15:10,920 --> 00:15:13,360 Speaker 2: this morning. There's a lot of scenarios and best guesses 292 00:15:13,440 --> 00:15:15,960 Speaker 2: going on, but the reality is we're not yet short 293 00:15:16,040 --> 00:15:19,160 Speaker 2: on fuel. That's at least weeks away. We're told the 294 00:15:19,240 --> 00:15:22,680 Speaker 2: economies and recovery, and even those worst case scenarios still 295 00:15:22,720 --> 00:15:26,280 Speaker 2: have US growing at a little under three percent three percent, 296 00:15:26,720 --> 00:15:29,400 Speaker 2: about half a percent off pre war predictions, but still 297 00:15:29,640 --> 00:15:32,840 Speaker 2: near three percent. The other big difference is the response 298 00:15:33,240 --> 00:15:36,520 Speaker 2: interest rates. Even if inflation hits the high threes aren't 299 00:15:36,560 --> 00:15:40,880 Speaker 2: expected to shoot up dramatically immediately in response because demand 300 00:15:40,960 --> 00:15:43,520 Speaker 2: fools as people put less petrol in the Honda. If 301 00:15:43,600 --> 00:15:46,240 Speaker 2: you live rually and if you don't have a gray 302 00:15:46,280 --> 00:15:49,000 Speaker 2: Lin tractor aka a Tesla, the price of fuel, of 303 00:15:49,080 --> 00:15:51,360 Speaker 2: course is going to sting, but it won't cause the 304 00:15:51,480 --> 00:15:55,800 Speaker 2: sort of catastrophic long term damage lockdowns and COVID supply 305 00:15:55,960 --> 00:16:00,040 Speaker 2: disruptions did. Nikola Willis, who fronted yesterday's one PM the 306 00:16:00,040 --> 00:16:03,160 Speaker 2: Media event, made pretty clear that excise cuts and other 307 00:16:03,320 --> 00:16:07,360 Speaker 2: expensive relief think cost of living payments aren't off the table, 308 00:16:07,680 --> 00:16:10,120 Speaker 2: but aren't top of the list either. The government is 309 00:16:10,160 --> 00:16:12,160 Speaker 2: a different beast to the one that came before it. 310 00:16:12,320 --> 00:16:15,040 Speaker 2: They have learnt the lesson that we're currently paying for 311 00:16:15,560 --> 00:16:19,600 Speaker 2: of splashing the cash to stay popular. They've resisted demands 312 00:16:19,680 --> 00:16:23,880 Speaker 2: for stimulus despite two bitter years of recession, spending up 313 00:16:23,960 --> 00:16:27,320 Speaker 2: large when inflation is about despite would completely undermine their 314 00:16:27,360 --> 00:16:31,720 Speaker 2: political credibility, which means when something bad happens, which it 315 00:16:31,880 --> 00:16:34,640 Speaker 2: is or is about to, will feel the effects of 316 00:16:34,720 --> 00:16:38,160 Speaker 2: it in real time. And that is no bad thing, 317 00:16:38,680 --> 00:16:43,920 Speaker 2: cry and Bridge twenty eight minutes after five Hipkins. So 318 00:16:44,520 --> 00:16:48,000 Speaker 2: the ex wife the claims, I can't tell you what 319 00:16:48,160 --> 00:16:51,600 Speaker 2: they are because I can't say that they're true. So 320 00:16:52,160 --> 00:16:55,560 Speaker 2: there is a potential defamation suit there. So that's why 321 00:16:56,600 --> 00:17:00,880 Speaker 2: media outlets aren't reporting. But here's the what happens is 322 00:17:01,280 --> 00:17:06,480 Speaker 2: the media outlets say, headline Banner, there's something going on 323 00:17:06,600 --> 00:17:10,040 Speaker 2: with Pipkins, and then everybody goes on to Google, don't they, 324 00:17:10,119 --> 00:17:13,080 Speaker 2: and they start searching and it's all over social media, 325 00:17:13,640 --> 00:17:17,040 Speaker 2: so everyone knows. It's like the Tom Phillips rumors situation 326 00:17:17,600 --> 00:17:20,919 Speaker 2: all over again. News talks there'd be we'll get an 327 00:17:20,960 --> 00:17:23,800 Speaker 2: update on the economy before six and to Australia with 328 00:17:23,960 --> 00:17:32,000 Speaker 2: Donna after Newsgas. 329 00:17:28,920 --> 00:17:32,119 Speaker 13: For You person over. 330 00:17:32,080 --> 00:17:36,440 Speaker 1: Again, the news you need this morning, and the in 331 00:17:36,640 --> 00:17:40,760 Speaker 1: depth analysis early edition with Ryan Bridge and one Root 332 00:17:41,160 --> 00:17:42,040 Speaker 1: Love where you Live. 333 00:17:42,320 --> 00:17:50,480 Speaker 2: News talks'd be pretty far away from the six News Talks. 334 00:17:50,520 --> 00:17:52,520 Speaker 2: They'd be great to have your company this Tuesday morning. 335 00:17:52,600 --> 00:17:55,200 Speaker 2: Nick Touffy from asb on the economy and the war 336 00:17:55,320 --> 00:17:57,320 Speaker 2: that's coming up before six Don and tomayow out of 337 00:17:57,359 --> 00:17:59,439 Speaker 2: Australia for US where they are starting to look at 338 00:17:59,480 --> 00:18:03,359 Speaker 2: some relief at the pump for consumers. Starm are over 339 00:18:03,440 --> 00:18:06,000 Speaker 2: in the UK. He's announced overnight one hundred and twenty 340 00:18:06,119 --> 00:18:08,600 Speaker 2: million dollars. Because this is what happens when there's a crisis. 341 00:18:08,720 --> 00:18:10,680 Speaker 2: You have you've got one or two playbooks, and as 342 00:18:10,680 --> 00:18:13,200 Speaker 2: I just said, I think Nicholas going from the type 343 00:18:13,240 --> 00:18:16,080 Speaker 2: for school playbook, Starm's doing the opposite, one hundred and 344 00:18:16,119 --> 00:18:20,200 Speaker 2: twenty million dollars for homes that use heating oil. So basically, 345 00:18:20,240 --> 00:18:22,800 Speaker 2: if you've got a furnace, because there is a cap 346 00:18:23,000 --> 00:18:25,600 Speaker 2: over in the UK if you get your electricity from 347 00:18:25,920 --> 00:18:28,680 Speaker 2: hot water or if you get your electricity from gas, 348 00:18:28,840 --> 00:18:31,000 Speaker 2: then there is a cap on how much you pay. 349 00:18:31,520 --> 00:18:34,920 Speaker 2: Not so if you've got a furnace and oil heading 350 00:18:34,960 --> 00:18:37,080 Speaker 2: your home. So he's putting a subsidy in. It's for 351 00:18:37,200 --> 00:18:39,920 Speaker 2: rural people, it's for low income people, so it is targeted, 352 00:18:39,960 --> 00:18:42,439 Speaker 2: but it's still one hundred and twenty million New Zealand dollars. 353 00:18:43,480 --> 00:18:46,520 Speaker 2: Ryan had an argument with someone about the fuel last night. 354 00:18:47,359 --> 00:18:50,320 Speaker 2: If you're on a budget, cost of living, et cetera. 355 00:18:50,359 --> 00:18:52,719 Speaker 2: We all should be then fifty dollars of fuel remains 356 00:18:52,760 --> 00:18:55,760 Speaker 2: the same price. There might need to be some concessions made, 357 00:18:55,920 --> 00:19:00,280 Speaker 2: like walking to school or pilates. Yeah, no, it's definitely true. 358 00:19:00,720 --> 00:19:03,600 Speaker 2: John said, it's hard to believe after COVID and TPS 359 00:19:04,000 --> 00:19:06,840 Speaker 2: toilet paper syndrome, people are going out and buying so 360 00:19:06,920 --> 00:19:09,199 Speaker 2: many plastic fuel containers that might atten is running out 361 00:19:09,200 --> 00:19:12,399 Speaker 2: of them. Yeah, human nature for you, isn't it. Twenty 362 00:19:12,440 --> 00:19:16,080 Speaker 2: three to six and bread Rich shaming toded and good morning, 363 00:19:16,640 --> 00:19:20,159 Speaker 2: Good morning Ryan. What's this controversial screen hub plan for 364 00:19:20,440 --> 00:19:21,280 Speaker 2: central Otago? 365 00:19:22,160 --> 00:19:25,200 Speaker 14: Yeah, so, a screen hub near Queenstown has been approved 366 00:19:25,320 --> 00:19:29,320 Speaker 14: by a fast track panel despite opposition from neighbors. Winton 367 00:19:29,400 --> 00:19:32,480 Speaker 14: Capital Limited plans to build a film and television production 368 00:19:32,640 --> 00:19:37,199 Speaker 14: facility with studios and more than two hundred worker accommodation units. 369 00:19:37,600 --> 00:19:40,880 Speaker 14: Now the twenty six heat dere site for the Airburn 370 00:19:41,040 --> 00:19:44,439 Speaker 14: screen hub is between Arrowtown and Lake Hayes and it's 371 00:19:44,480 --> 00:19:47,440 Speaker 14: been described by developer Chris Meehan as the best part 372 00:19:47,520 --> 00:19:51,399 Speaker 14: of New Zealand's most expensive street. However, locals say the 373 00:19:51,440 --> 00:19:55,680 Speaker 14: proposal would spoil their slice of Paradise, and project documents 374 00:19:55,720 --> 00:19:58,440 Speaker 14: say it will generate six hundred and thirty full time 375 00:19:58,560 --> 00:20:02,400 Speaker 14: jobs during construction and three hundred and seventy once operating. 376 00:20:03,240 --> 00:20:04,600 Speaker 2: Jamie How's Deneen's weather. 377 00:20:05,119 --> 00:20:09,000 Speaker 14: Cloudy periods northeasterlies from afternoon are high of eighteen. 378 00:20:09,160 --> 00:20:12,040 Speaker 2: Thank you, Claire and christ Church Cliar, good morning, Good morning, 379 00:20:12,480 --> 00:20:16,479 Speaker 2: Canterby's Canterbury's economic recovery and full swing. We have the numbers. 380 00:20:16,920 --> 00:20:17,879 Speaker 9: We do have the numbers. 381 00:20:17,920 --> 00:20:21,240 Speaker 12: Well, that's according to their latest Business Canterby Quarterly Survey. 382 00:20:21,720 --> 00:20:24,960 Speaker 12: It shows all indicators this time at trending upwards. That 383 00:20:25,119 --> 00:20:29,240 Speaker 12: includes seventy six percent of Canterbury businesses expecting the economy 384 00:20:29,320 --> 00:20:33,280 Speaker 12: to get stronger, seventy one percent planning to invest more, 385 00:20:33,680 --> 00:20:37,399 Speaker 12: and eighty four percent feeling confident to deal with disruption now. 386 00:20:37,520 --> 00:20:40,840 Speaker 12: Chief Executively and Watson says businesses investing more will only 387 00:20:40,960 --> 00:20:43,880 Speaker 12: serve the region's economy. Further, she says at the moment 388 00:20:44,040 --> 00:20:46,920 Speaker 12: there are about nine hundred jobs being created a week 389 00:20:47,119 --> 00:20:49,960 Speaker 12: in Canterbury alone in order to keep up with growing 390 00:20:50,040 --> 00:20:52,480 Speaker 12: businesses here. But she does say that there needs to 391 00:20:52,560 --> 00:20:55,840 Speaker 12: be a bit more investment in infrastructure in order to 392 00:20:55,960 --> 00:20:56,879 Speaker 12: support this growth. 393 00:20:57,040 --> 00:20:57,960 Speaker 2: All right. How's the weather. 394 00:20:58,680 --> 00:21:00,560 Speaker 12: A bit of fog and low cloud of this morning, 395 00:21:00,600 --> 00:21:03,119 Speaker 12: but then clearing to fine northerlyes at a high of 396 00:21:03,160 --> 00:21:04,320 Speaker 12: twenty one, Thank. 397 00:21:04,200 --> 00:21:06,600 Speaker 2: You and Roy Day clear Max and Wellington Morning Max, 398 00:21:06,920 --> 00:21:10,600 Speaker 2: Good morning. But of an apartment block fire last night, Yeah. 399 00:21:10,520 --> 00:21:13,360 Speaker 13: Just to quick one, an apartment block fire in central Wellington. 400 00:21:14,480 --> 00:21:17,760 Speaker 13: The block itself had to be evacuated, of course. During 401 00:21:18,000 --> 00:21:20,840 Speaker 13: this fire, two people were in the apartment in question 402 00:21:21,000 --> 00:21:23,720 Speaker 13: one seriously hurt. Have taken to hospital apparently as well. 403 00:21:24,280 --> 00:21:26,040 Speaker 13: Still trying to find out what caused it in the 404 00:21:26,080 --> 00:21:28,320 Speaker 13: state of that person this morning. Hopefully they're all right. 405 00:21:28,400 --> 00:21:30,919 Speaker 13: It was down around Webb Street, close to the War 406 00:21:30,960 --> 00:21:34,080 Speaker 13: Memorial in the Basin Reserve. Thankfully the thing was extinguished 407 00:21:34,119 --> 00:21:37,879 Speaker 13: before it spread beyond the apartment. Fire investigators remain at 408 00:21:37,880 --> 00:21:38,719 Speaker 13: the scene today. 409 00:21:39,040 --> 00:21:39,320 Speaker 2: Very good. 410 00:21:39,400 --> 00:21:42,640 Speaker 13: How's the weather mainly fine northern East twenty the high 411 00:21:42,720 --> 00:21:43,240 Speaker 13: central and. 412 00:21:43,280 --> 00:21:46,720 Speaker 2: Droimex, thank you. Good morning, Neva, Good morning. So drivers 413 00:21:46,760 --> 00:21:49,040 Speaker 2: A Laura abiding on Metcala Road. 414 00:21:49,200 --> 00:21:52,600 Speaker 15: Yes, apparently so so the ninety nine percent of drivers 415 00:21:52,640 --> 00:21:56,560 Speaker 15: clocked on New Zealand's first average speed safety camera corridor. 416 00:21:56,920 --> 00:21:59,800 Speaker 15: They're traveling at the speed limit or slower. So what 417 00:22:00,080 --> 00:22:02,240 Speaker 15: we know is that nearly four hundred thousand vehicles have 418 00:22:02,400 --> 00:22:05,680 Speaker 15: traversed that five kilometers streets of Meticana Road north of Auckland. 419 00:22:06,320 --> 00:22:08,840 Speaker 15: That was since the cameras were switched on in December. 420 00:22:09,200 --> 00:22:11,800 Speaker 15: They calculate the speed by measuring the time a vehicle 421 00:22:11,880 --> 00:22:14,679 Speaker 15: takes to travel between points on a road rather than 422 00:22:14,840 --> 00:22:16,680 Speaker 15: just you know, taking a snap at a single point. 423 00:22:17,040 --> 00:22:19,800 Speaker 15: So compliance with the eighty kilometer in our limit set 424 00:22:19,920 --> 00:22:22,480 Speaker 15: on eighty eight percent in speed surveys that was taken 425 00:22:22,520 --> 00:22:23,600 Speaker 15: in twenty twenty two. 426 00:22:23,960 --> 00:22:25,040 Speaker 5: Pretty good, though very good. 427 00:22:25,200 --> 00:22:27,480 Speaker 2: Everyone's obeying the rules. How's our weather? 428 00:22:27,720 --> 00:22:28,240 Speaker 9: Mainly fine? 429 00:22:28,280 --> 00:22:31,120 Speaker 15: Afternoon cloud are high of twenty four. 430 00:22:31,440 --> 00:22:34,360 Speaker 2: Thank you Neva. It is nineteen minutes away from six. 431 00:22:35,000 --> 00:22:38,440 Speaker 2: I've spoken to quite a few parents lately who and 432 00:22:38,800 --> 00:22:41,320 Speaker 2: it's I don't know whether it's just the company that 433 00:22:41,400 --> 00:22:45,680 Speaker 2: I keep, but their children who are lateeen's early twenties 434 00:22:46,560 --> 00:22:49,119 Speaker 2: are setting at home, not with no job, doing nothing, 435 00:22:49,440 --> 00:22:52,240 Speaker 2: literally playing PlayStation and they don't know what to do 436 00:22:52,320 --> 00:22:55,000 Speaker 2: about them. And in this country we have a problem 437 00:22:55,280 --> 00:22:59,880 Speaker 2: after COVID where young people were at home, weren't socializing. 438 00:23:00,440 --> 00:23:02,440 Speaker 2: They're not even going to the pub to have a drink. 439 00:23:02,920 --> 00:23:05,360 Speaker 2: They're not even doing anything fun with their time. They're 440 00:23:05,400 --> 00:23:08,160 Speaker 2: just on a PlayStation. So in the UK they're trying 441 00:23:08,160 --> 00:23:10,520 Speaker 2: to do something about this. And again this is Starma 442 00:23:10,600 --> 00:23:13,720 Speaker 2: and Reeves with their cash splash, so they're going to 443 00:23:13,760 --> 00:23:18,280 Speaker 2: pay businesses seven thousand dollars New Zealand dollars are grant 444 00:23:18,560 --> 00:23:21,639 Speaker 2: for every person they take on aged eighteen to twenty 445 00:23:21,720 --> 00:23:23,520 Speaker 2: four who is on a benefit and looking for a 446 00:23:23,640 --> 00:23:27,000 Speaker 2: job for six months or more. Seven thousand dollars. Twelve 447 00:23:27,080 --> 00:23:30,040 Speaker 2: and a half percent. That's their number of neats. Percentage 448 00:23:30,040 --> 00:23:32,680 Speaker 2: of neats over there. You're not not in education, employment 449 00:23:32,720 --> 00:23:35,680 Speaker 2: training sixteen to twenty four year olds twelve and a 450 00:23:35,720 --> 00:23:37,960 Speaker 2: half percent. Now here's a question for you. If you 451 00:23:38,040 --> 00:23:41,320 Speaker 2: own a business, if someone said to you take on 452 00:23:41,520 --> 00:23:44,600 Speaker 2: this kid who sits at home and plays PlayStation and 453 00:23:44,760 --> 00:23:47,359 Speaker 2: is actually quite useless at working and doesn't want to 454 00:23:47,400 --> 00:23:49,440 Speaker 2: be there. But i'll give you seven grand if you 455 00:23:49,520 --> 00:23:51,639 Speaker 2: take them on. Are you going to take them on? 456 00:23:51,760 --> 00:23:53,840 Speaker 2: Of course you're not, because you're not silly. Eighteen to 457 00:23:53,920 --> 00:23:57,680 Speaker 2: six News talks. There'd be Australia next. This is to 458 00:23:57,720 --> 00:23:59,920 Speaker 2: all the small business owners out there this morning. You'll 459 00:24:00,119 --> 00:24:03,480 Speaker 2: though that tax time is properly overwhelming, like it's a 460 00:24:03,520 --> 00:24:05,239 Speaker 2: bit much, isn't it, And if you're feeling a bit 461 00:24:05,280 --> 00:24:07,160 Speaker 2: in the dark about it at the moment, it's comforting 462 00:24:07,200 --> 00:24:09,040 Speaker 2: to know that there's actually no such thing as a 463 00:24:09,080 --> 00:24:11,800 Speaker 2: silly question when it comes to your business finances. Questions 464 00:24:11,920 --> 00:24:15,280 Speaker 2: like are my bills and receipts even organized? Or how 465 00:24:15,320 --> 00:24:18,120 Speaker 2: do I handle payroll and stay compliant at the same time, 466 00:24:18,359 --> 00:24:21,480 Speaker 2: these are real worries, They're genuine concerns, and that's where 467 00:24:21,600 --> 00:24:24,800 Speaker 2: Zero comes in. Their platform makes it simple with automated 468 00:24:24,880 --> 00:24:28,600 Speaker 2: bank feeds, straightforward bill capture everything sorted neatly and ready 469 00:24:28,600 --> 00:24:32,080 Speaker 2: when you need it. And they've got something called x hacks, 470 00:24:32,359 --> 00:24:34,959 Speaker 2: short videos that quickly teach you how to streamline your 471 00:24:34,960 --> 00:24:38,560 Speaker 2: bank reconciliations or collaborate better with your accountant online. So 472 00:24:39,359 --> 00:24:41,440 Speaker 2: if you want to take control of tax season with 473 00:24:41,600 --> 00:24:45,399 Speaker 2: confidence and clarity instead of stress and confusion, head to 474 00:24:45,560 --> 00:24:49,600 Speaker 2: zero dot com forward slash, x hackx hub. That's zero 475 00:24:49,760 --> 00:24:54,200 Speaker 2: with an X your business supercharged with zero, Ryan Brich, 476 00:24:54,520 --> 00:24:57,080 Speaker 2: Somebody's text in high rhyn do you think hipkins cancels 477 00:24:57,119 --> 00:24:59,680 Speaker 2: a regular media rounds today? This is after the x 478 00:24:59,840 --> 00:25:03,119 Speaker 2: Y social media drama of the last twenty four hours. 479 00:25:03,240 --> 00:25:06,720 Speaker 2: Thanks Nick. I can tell you he won't be making 480 00:25:06,800 --> 00:25:09,520 Speaker 2: his usual media rounds this morning, not because of this 481 00:25:09,640 --> 00:25:15,080 Speaker 2: scandal and this hubbub that's happening online, but because last 482 00:25:15,200 --> 00:25:18,440 Speaker 2: week he changed his media day from a Tuesday to 483 00:25:18,600 --> 00:25:21,240 Speaker 2: a Wednesday. So that's the reason you won't well unless 484 00:25:21,280 --> 00:25:23,880 Speaker 2: he does any particular interviews, which I highly doubt. 485 00:25:23,960 --> 00:25:28,480 Speaker 1: Fourteen to six International correspondence with ends in eye insurance 486 00:25:28,600 --> 00:25:30,359 Speaker 1: peace of mind for New Zealand business. 487 00:25:31,400 --> 00:25:34,240 Speaker 2: So our Australia correspondent with US Live this morning, Donna, 488 00:25:34,280 --> 00:25:37,679 Speaker 2: Good morning, good morning, lovely to talk to you as always. 489 00:25:38,160 --> 00:25:42,400 Speaker 2: What's up with these Iranian soccer players taking the asylum 490 00:25:42,480 --> 00:25:44,920 Speaker 2: and then returning home? Another one now returning home? 491 00:25:45,320 --> 00:25:48,160 Speaker 16: Another one the captain in fact, so she's the fifth 492 00:25:48,280 --> 00:25:51,640 Speaker 16: member of the Iranian women's football team that has withdrawn 493 00:25:51,720 --> 00:25:55,040 Speaker 16: her asylum claim and she has left Australia in toit it. 494 00:25:55,119 --> 00:25:57,480 Speaker 9: It was seven team members, including. 495 00:25:57,160 --> 00:26:00,639 Speaker 16: A player handler, that had been granted a humanitary visas 496 00:26:01,200 --> 00:26:03,840 Speaker 16: they were in Australia for the Asian Cup tournament and 497 00:26:03,920 --> 00:26:06,560 Speaker 16: the team had refused to sing the Iranian national anthem 498 00:26:06,600 --> 00:26:09,880 Speaker 16: before the opening match, and they were branded wartime traitors 499 00:26:10,119 --> 00:26:10,639 Speaker 16: in Iran. 500 00:26:11,280 --> 00:26:13,680 Speaker 17: Now they've been claims and these have been reported that 501 00:26:13,760 --> 00:26:17,320 Speaker 17: the staff member that was granted asylum was passing on 502 00:26:17,560 --> 00:26:21,679 Speaker 17: threats from the Iranian regime. Now governments also say they 503 00:26:21,760 --> 00:26:23,840 Speaker 17: have looked into those claims and there's no reason to 504 00:26:23,920 --> 00:26:26,920 Speaker 17: believe them. However, we have heard from Australia's Department of 505 00:26:26,960 --> 00:26:29,680 Speaker 17: Home Affairs and they're saying that it gave the players 506 00:26:30,000 --> 00:26:35,159 Speaker 17: asking to return home multiple opportunities to reconsider, and the 507 00:26:35,280 --> 00:26:39,240 Speaker 17: Iranian Football Association says players are now returning home and 508 00:26:40,080 --> 00:26:42,560 Speaker 17: they've actually rejoined the rest of the team in Malaysia 509 00:26:42,640 --> 00:26:45,520 Speaker 17: and then they're on their way home. The Australian government, meanwhile, 510 00:26:45,600 --> 00:26:48,600 Speaker 17: says it has done everything to ensure the women were 511 00:26:48,720 --> 00:26:51,200 Speaker 17: provided with the chance for a safe future in Australia. 512 00:26:51,240 --> 00:26:54,160 Speaker 9: We've heard from human rights campaigners as well, and they. 513 00:26:54,119 --> 00:26:56,960 Speaker 16: Say they're sad and by the news that these women 514 00:26:57,080 --> 00:27:01,480 Speaker 16: are returning home, claiming intimidation from the regime is very real, 515 00:27:01,960 --> 00:27:05,520 Speaker 16: and they're claiming that families have been detained and threatened, 516 00:27:05,920 --> 00:27:10,040 Speaker 16: and they're urging the world to keep watching the regime, 517 00:27:10,200 --> 00:27:11,960 Speaker 16: don't look away at this time. 518 00:27:12,359 --> 00:27:15,760 Speaker 9: Right two of the teams still are in Australia, I 519 00:27:15,840 --> 00:27:16,360 Speaker 9: might add. 520 00:27:16,520 --> 00:27:18,720 Speaker 2: I came good to know. It's hard to know, isn't 521 00:27:18,760 --> 00:27:20,960 Speaker 2: it whether they've made a decision of their own free 522 00:27:21,000 --> 00:27:22,920 Speaker 2: will and volition, or whether there is pressure going on 523 00:27:23,000 --> 00:27:25,600 Speaker 2: at home? Hey, very quickly, How old was this driver 524 00:27:25,800 --> 00:27:26,720 Speaker 2: caught behind the wheel? 525 00:27:27,520 --> 00:27:27,760 Speaker 9: Okay? 526 00:27:27,800 --> 00:27:30,159 Speaker 16: Nine year old boy caught allegedly driving a car one 527 00:27:30,160 --> 00:27:32,239 Speaker 16: thirty in the morning on a major highway in New 528 00:27:32,280 --> 00:27:32,760 Speaker 16: South Wales. 529 00:27:32,840 --> 00:27:34,720 Speaker 17: Police so he was sitting on the lap of a 530 00:27:34,880 --> 00:27:35,800 Speaker 17: forty five year. 531 00:27:35,720 --> 00:27:38,040 Speaker 9: Old man who faces quite a number of driving offenses. 532 00:27:38,080 --> 00:27:41,399 Speaker 16: Now, unsurprisingly then the forty five year old man was 533 00:27:41,440 --> 00:27:42,959 Speaker 16: significantly fatigued. 534 00:27:43,080 --> 00:27:46,359 Speaker 9: He was operating the pedals, the boy was steering the car. 535 00:27:48,000 --> 00:27:51,000 Speaker 2: Think you've done our Australia corresponds like when kids used 536 00:27:51,000 --> 00:27:53,000 Speaker 2: to drive their parents home because the parents were drunk. 537 00:27:53,320 --> 00:27:55,119 Speaker 2: It used to be a thing, didn't it? Probably not 538 00:27:55,200 --> 00:27:57,720 Speaker 2: so much any Moore eleven to sex Ry and Bridge. 539 00:27:57,800 --> 00:28:01,160 Speaker 2: So the war scenarios Treasury reckons. Under worst case scenario, 540 00:28:01,680 --> 00:28:03,560 Speaker 2: which is the conflict lasting until the end of the 541 00:28:03,640 --> 00:28:07,040 Speaker 2: year with elevated oil prices, inflation could three point seven 542 00:28:07,119 --> 00:28:11,080 Speaker 2: percent currently three point one. Nicola willis though doesn't think 543 00:28:11,640 --> 00:28:13,840 Speaker 2: that's too bad, that's too. 544 00:28:13,840 --> 00:28:17,120 Speaker 6: High for my liking. But it's lower than Australia has 545 00:28:17,240 --> 00:28:21,440 Speaker 6: today currently at three point eight. The reason I share 546 00:28:21,480 --> 00:28:23,800 Speaker 6: this point with you is to emphasize that New Zealand 547 00:28:23,880 --> 00:28:28,080 Speaker 6: does enter this period of unavoidable international cost pressures from 548 00:28:28,119 --> 00:28:30,200 Speaker 6: a stronger position than some other countries. 549 00:28:30,680 --> 00:28:33,680 Speaker 2: There's also no actual fuel shortaget Nick Toughly a speechief 550 00:28:33,720 --> 00:28:36,920 Speaker 2: Economists with us. Nick, good morning, good mining. So what 551 00:28:37,040 --> 00:28:40,040 Speaker 2: did you make of the plan? I mean inflation, Yeah, 552 00:28:40,280 --> 00:28:42,640 Speaker 2: it looks bad, but as the Minister says, still less 553 00:28:42,640 --> 00:28:46,000 Speaker 2: than Australia, and we would presumably see some demand come 554 00:28:46,120 --> 00:28:50,000 Speaker 2: off of price oil prices roads, would we not well. 555 00:28:50,480 --> 00:28:53,640 Speaker 18: You likely would with a sharp lift in prices like 556 00:28:53,800 --> 00:28:56,200 Speaker 18: this and lock to put it in context, a few 557 00:28:56,360 --> 00:28:59,280 Speaker 18: did have oil prices remaining high for the rest of 558 00:28:59,320 --> 00:29:02,000 Speaker 18: the year. As the Financement is the said lot you're 559 00:29:02,000 --> 00:29:04,200 Speaker 18: going to have inflation in the high threes and it 560 00:29:04,200 --> 00:29:07,840 Speaker 18: would remain into at three percent something into next year. 561 00:29:08,320 --> 00:29:11,680 Speaker 18: But look we saw in twenty twenty two inflation pretty 562 00:29:12,160 --> 00:29:14,920 Speaker 18: quickly hit six percent when we had a pretty sharp 563 00:29:14,960 --> 00:29:18,320 Speaker 18: lift in oil prices. Back back then, much sharper lift, 564 00:29:18,800 --> 00:29:21,040 Speaker 18: and we had five percent inflation back in two thousand 565 00:29:21,040 --> 00:29:23,080 Speaker 18: and eight when we had a lift in oil prices, 566 00:29:23,480 --> 00:29:27,400 Speaker 18: which also coincided with a lift in food prices as well. 567 00:29:28,200 --> 00:29:29,760 Speaker 2: Very hard to get rid of once it kicks in, 568 00:29:29,880 --> 00:29:30,160 Speaker 2: isn't it. 569 00:29:31,440 --> 00:29:33,480 Speaker 18: That's the challenge for the Reserve Bank because is what 570 00:29:33,600 --> 00:29:37,120 Speaker 18: it will be watching for. Is not just the sort 571 00:29:37,160 --> 00:29:40,480 Speaker 18: of short term immediate lift that we see at the pump, 572 00:29:40,560 --> 00:29:43,920 Speaker 18: it's also the flow on through the transportation sector, and 573 00:29:44,040 --> 00:29:47,360 Speaker 18: then if the costs get embedded, and really importantly it's 574 00:29:47,440 --> 00:29:50,800 Speaker 18: the reserve bank will worry if our behavior changes, if 575 00:29:50,840 --> 00:29:52,960 Speaker 18: we start going or here we go again, seven percent 576 00:29:53,040 --> 00:29:56,560 Speaker 18: inflation and our behavior starts to shift in a way 577 00:29:56,640 --> 00:29:59,520 Speaker 18: that that entrenches inflation, just makes it a bit more 578 00:29:59,520 --> 00:30:00,560 Speaker 18: difficult bring it down. 579 00:30:00,880 --> 00:30:04,239 Speaker 2: So what does the government do? Because politically, if they 580 00:30:04,360 --> 00:30:06,560 Speaker 2: went out and relieved a whole bunch of people at 581 00:30:06,600 --> 00:30:08,200 Speaker 2: the pump and spend a bunch of money at a 582 00:30:08,280 --> 00:30:10,520 Speaker 2: time when inflation's going up, it would be pretty dumb 583 00:30:10,560 --> 00:30:13,080 Speaker 2: for them. But economically would that be a smart thing 584 00:30:13,120 --> 00:30:13,640 Speaker 2: to do or not? 585 00:30:15,120 --> 00:30:18,400 Speaker 18: Well, it's pretty hard to avoid a shot like this. 586 00:30:18,520 --> 00:30:20,880 Speaker 18: So there's a big shock. It's affecting a lot of 587 00:30:20,920 --> 00:30:23,160 Speaker 18: countries it does mean that you get a combination of 588 00:30:23,400 --> 00:30:27,680 Speaker 18: higher prices, but also it's slower consumer spending than otherwise 589 00:30:27,760 --> 00:30:31,000 Speaker 18: because that gets crowded out as well. So you can't 590 00:30:31,040 --> 00:30:34,400 Speaker 18: wave a magic Wand the best thing the government can 591 00:30:34,560 --> 00:30:38,320 Speaker 18: do is either a lot to offset the impact on 592 00:30:38,720 --> 00:30:41,640 Speaker 18: lower income households who are going to feel more of 593 00:30:41,640 --> 00:30:44,520 Speaker 18: a squeeze from it, and also just try and see 594 00:30:44,560 --> 00:30:46,920 Speaker 18: what it can do to help the industry to smooth 595 00:30:47,200 --> 00:30:50,800 Speaker 18: out any sort of supply disruption. And the biggest impact 596 00:30:50,920 --> 00:30:54,280 Speaker 18: threat potentially is actually running out of fuel and needing 597 00:30:54,320 --> 00:30:57,760 Speaker 18: to either ration it or see the economy hit harder 598 00:30:57,840 --> 00:31:00,000 Speaker 18: than just merely having to deal with higher per. 599 00:31:00,560 --> 00:31:03,200 Speaker 2: Which we're told is at least weeks away from happening. 600 00:31:03,200 --> 00:31:05,320 Speaker 2: And I appreciate your time this morning, as always Nick 601 00:31:05,360 --> 00:31:08,880 Speaker 2: Tuffley asb Chief Economist. It is eight to six news Talk, 602 00:31:08,960 --> 00:31:09,640 Speaker 2: said b Mic. 603 00:31:09,720 --> 00:31:13,560 Speaker 1: Next the first word on the News of the Day 604 00:31:13,880 --> 00:31:18,080 Speaker 1: early edition with Ryan Bridge and one roof love where 605 00:31:18,120 --> 00:31:19,680 Speaker 1: you live news Talks be. 606 00:31:20,280 --> 00:31:22,360 Speaker 2: Six minutes away from six on news Talk, said be 607 00:31:22,800 --> 00:31:24,880 Speaker 2: thanks for your text this morning. Mike is in the studio. 608 00:31:24,960 --> 00:31:27,840 Speaker 2: He's here with you next morning, Mike, Greetings, Ryan. Lovely 609 00:31:27,920 --> 00:31:30,560 Speaker 2: to see you read the headline, go on, government braces 610 00:31:30,640 --> 00:31:32,280 Speaker 2: for fuel turmoil exactly. 611 00:31:32,400 --> 00:31:34,880 Speaker 19: So yesterday I'm watching Nikola Willis's on the program. I'm 612 00:31:34,880 --> 00:31:36,240 Speaker 19: gonna have to talk to it. I don't know whether 613 00:31:36,280 --> 00:31:39,160 Speaker 19: it's her fault or our fault, or whose fault it is, 614 00:31:39,600 --> 00:31:43,560 Speaker 19: But name me the country that asks their leader what's 615 00:31:43,640 --> 00:31:44,880 Speaker 19: the worst case scenario? 616 00:31:45,440 --> 00:31:50,320 Speaker 2: Why do we go every hang on every other country? Look, 617 00:31:50,800 --> 00:31:52,680 Speaker 2: I watched it. I watched a press conference out of 618 00:31:52,720 --> 00:31:54,440 Speaker 2: Cambery yesterday. Failure. 619 00:31:54,520 --> 00:31:57,000 Speaker 19: Bunch of losers, I want, I watched I watched Trump 620 00:31:57,200 --> 00:31:58,000 Speaker 19: the brain yesterday. 621 00:31:58,080 --> 00:32:00,800 Speaker 2: The Brits. The Brits, so a bunch of losers. 622 00:32:00,800 --> 00:32:04,920 Speaker 19: I think it's an Anglo Saxon thing that we're predisposed 623 00:32:05,000 --> 00:32:05,640 Speaker 19: to misery. 624 00:32:05,840 --> 00:32:08,120 Speaker 2: Well, I tell you where they don't ask questions is 625 00:32:08,200 --> 00:32:10,920 Speaker 2: in the Middle East because there's no press conference. 626 00:32:11,800 --> 00:32:13,720 Speaker 19: But I'm watching Trump on the plane yesterday now, and 627 00:32:13,800 --> 00:32:15,880 Speaker 19: asked the president, so, what's the worst case scenario? At 628 00:32:15,920 --> 00:32:18,200 Speaker 19: mister president, you know, we go straight to this default 629 00:32:18,240 --> 00:32:20,800 Speaker 19: poses and she comes out with this thing yesterday. If 630 00:32:20,880 --> 00:32:25,440 Speaker 19: the war lasts an entire year on, you're into guest 631 00:32:25,560 --> 00:32:26,680 Speaker 19: territory at that point, aren't you. 632 00:32:26,880 --> 00:32:29,280 Speaker 2: Yes? But okay, let's assume what she says is true 633 00:32:29,360 --> 00:32:31,720 Speaker 2: in going to happen, although we know that the predictions 634 00:32:31,760 --> 00:32:34,800 Speaker 2: are not entirely right mostly, but at three point seven 635 00:32:34,800 --> 00:32:36,680 Speaker 2: percent inflation, that wasn't the end of the world. 636 00:32:36,720 --> 00:32:38,000 Speaker 19: Not the end of the world, and than three point 637 00:32:38,000 --> 00:32:40,080 Speaker 19: seven percent inflation is if you're going to go down 638 00:32:40,120 --> 00:32:40,800 Speaker 19: that misery track. 639 00:32:40,840 --> 00:32:41,360 Speaker 2: What I want to know? 640 00:32:41,400 --> 00:32:43,680 Speaker 19: What's to do to gdpeak? That's the real, that's the real, 641 00:32:43,800 --> 00:32:46,480 Speaker 19: half percent, not not inflation. And then jobs? How many 642 00:32:46,560 --> 00:32:48,560 Speaker 19: jobs were losing exactly half a percent? 643 00:32:48,640 --> 00:32:52,240 Speaker 2: Although at half a percent we would still be growing 644 00:32:52,360 --> 00:32:54,880 Speaker 2: at just under three percent, which on any normal given 645 00:32:54,960 --> 00:32:55,600 Speaker 2: year you would have. 646 00:32:55,760 --> 00:32:57,360 Speaker 19: So what's the conclusion there? 647 00:32:57,640 --> 00:32:59,360 Speaker 2: It's not end of the world. 648 00:33:00,280 --> 00:33:02,600 Speaker 19: Chill out for goodness sake. Now, what are you doing 649 00:33:02,600 --> 00:33:04,360 Speaker 19: about Hipkins? Have you done anything about Hippens? 650 00:33:04,800 --> 00:33:07,960 Speaker 2: I have spoken about Hipkins. Hopkins normally does a Wednesday 651 00:33:08,040 --> 00:33:10,400 Speaker 2: media Tuesday media around, but he changed it last week 652 00:33:10,440 --> 00:33:12,720 Speaker 2: to a Wednesday media around, so people won't hear from 653 00:33:12,760 --> 00:33:15,120 Speaker 2: him today. But well, what are you going to say 654 00:33:15,120 --> 00:33:15,479 Speaker 2: about him? 655 00:33:15,520 --> 00:33:18,160 Speaker 19: Well, here's the tricky thing. Why are we even reporting 656 00:33:18,200 --> 00:33:20,560 Speaker 19: on If you can't report on something, what's the point 657 00:33:20,600 --> 00:33:23,080 Speaker 19: of reporting on something You can't report on other than 658 00:33:23,160 --> 00:33:24,360 Speaker 19: to drive people. 659 00:33:24,200 --> 00:33:26,920 Speaker 2: To the exactly, and this is that we were talking 660 00:33:26,920 --> 00:33:30,400 Speaker 2: about this exact point this morning. Are you somehow almost 661 00:33:30,480 --> 00:33:34,000 Speaker 2: complicit as a media organization in would either. 662 00:33:33,880 --> 00:33:36,680 Speaker 19: Run it because it's a genuine story, because he's a 663 00:33:36,680 --> 00:33:38,960 Speaker 19: political figure, or if you can't run it, and you 664 00:33:39,040 --> 00:33:43,360 Speaker 19: can't because your mouth, move on. Otherwise everybody gets to 665 00:33:43,440 --> 00:33:46,200 Speaker 19: hit the net and say whatever they want and then 666 00:33:46,280 --> 00:33:48,960 Speaker 19: take down the post and then suddenly it's news and 667 00:33:49,040 --> 00:33:50,440 Speaker 19: everyone goes, oh, what is the news? 668 00:33:50,520 --> 00:33:52,800 Speaker 2: And the next thing you see, yeah, exactly, and no 669 00:33:52,880 --> 00:33:55,560 Speaker 2: one would have known about it before a news alert where. 670 00:33:55,360 --> 00:33:57,080 Speaker 19: It goes what's the worst case scenario? 671 00:33:59,840 --> 00:34:03,400 Speaker 2: I want to said, I think it's already happened. Divorce 672 00:34:04,360 --> 00:34:06,080 Speaker 2: News Talk Zebig Make with you next. 673 00:34:07,920 --> 00:34:10,879 Speaker 1: For more from Early Edition with Ryan Bridge. Listen live 674 00:34:11,040 --> 00:34:14,000 Speaker 1: to News Talk Set B from five am weekdays, or 675 00:34:14,120 --> 00:34:15,959 Speaker 1: follow the podcast on iHeartRadio.