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

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Speaker 1: Or it's Andrew Dickens on hither Duplessy Allen dry with

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Speaker 1: one New Zealand let's get connected and us talks.

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Speaker 2: They'd be.

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Speaker 3: Asking antinoon and welcome to the program for the thirteenth

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Speaker 3: of February. I'm Andrew Dickins filling in for Ryan Bridge's

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Speaker 3: back on Monday. So on the program today, car insurance

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Speaker 3: premiums are through the roof. Why and should we have

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Speaker 3: compulsory third party insurance? Now that's a good question. What

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Speaker 3: do you think? You can text me on ninety two

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Speaker 3: ninety two and I'll put that question to the insurance

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Speaker 3: Council in five minutes time. After five o'clock does the

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Speaker 3: government know of a new third player in the supermarket sector?

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Speaker 3: We'll talk to the founder of two degrees and the

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Speaker 3: spokesperson for Monopoly watched on the issue the class action

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Speaker 3: against Sudafed and Quadril Johnson and Johnson. What are the issues?

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Speaker 3: We'll talk to the lawyer in charge of that action.

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Speaker 3: And after six A train actually two tilled its way

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Speaker 3: down the CRL and Orklands Underground last night, so how

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Speaker 3: did it go? We'll get all the details just after six.

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Speaker 3: You can text me ninety two ninety two. Small charge applies.

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Speaker 3: We can email me Dickens at newstalk ZV dot co

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Speaker 3: dot in Z. Thank you for choosing us. It's eight

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Speaker 3: after four. Say what you like about Donald Trump. Donald

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Speaker 3: makes things happen. He's a disruptor, he's a change merchant,

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Speaker 3: and he's had a phone call with Vladimir Putin. On

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Speaker 3: the phone call yesterday, they rubbed each other's tummies, they

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Speaker 3: scratched each other's backs, they told each other how great

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Speaker 3: they are. And then they discussed peace in Ukraine, a

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Speaker 3: war that Donald Trump says would never have happened if

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Speaker 3: he was in charge. And after that conversation, the US

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Speaker 3: Defense Secretary and the President I talked about Ukraine and

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Speaker 3: they announced that Ukraine would have to give up land

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Speaker 3: to Russia in any peace deal. Now that is a

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Speaker 3: change in US policy, and that is because of a

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Speaker 3: change in administration, and that's Donald Trump. Zelonsky has now

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Speaker 3: said he's open to it swap. But you know that

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Speaker 3: the land head swapped is not necessarily the land Russia wants,

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Speaker 3: you know, that land with all the natural resources. So

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Speaker 3: there's the negotiation to get through. It is true that

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Speaker 3: some Ukrainians would like to be Russian, and it's certainly

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Speaker 3: true that most Ukrainians want to be Ukrainian. Any deal

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Speaker 3: has to respect those two positions. But everyone knows the

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Speaker 3: war has to stop. Too many have died. It's estimated

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Speaker 3: there have been one hundred and twenty thousand deaths in

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Speaker 3: the combat, one hundred and eighty thousand injured. The Russian

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Speaker 3: numbers dwarf the Ukrainian officials there say seventy thousand Russians killed,

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Speaker 3: up to one hundred and twenty thousand wounded. So much death,

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Speaker 3: so much death, which I find hard to imagine in

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Speaker 3: this day and age. So bring on peace. But one

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Speaker 3: day there has to be an accounting, and Vladimir Putin

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Speaker 3: needs to know that blood is on his hands because

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Speaker 3: he started it and he'll have to end it too.

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Speaker 3: Andrew dickens it is now ten after four our car

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Speaker 3: insurance premiums have got so expensive that some people are

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Speaker 3: looking at switching to third party only. According to data

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Speaker 3: from insurance comparison website Quashed Comprehensive car insurance quotes have

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Speaker 3: gone up in price by forty one percent. That's in

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Speaker 3: just two years. And while there hasn't yet been a

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Speaker 3: mass switch to third party only policies yet, inquiries about

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Speaker 3: third party insurance are up forty six percent, so we're

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Speaker 3: thinking about it. Chris Partfoy is the Insurance Council Chief

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Speaker 3: executive and joins you now, Hello, Chris.

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Speaker 4: Good afternoon, Andrew.

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Speaker 3: So why are the premiums going up so much?

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Speaker 4: I love with a number of factors. I think people

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Speaker 4: are driving home this afternoon. I've cars are driving around

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Speaker 4: have been born in the last ten years, moving computers,

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Speaker 4: is a lot more electronics and modern cars and as

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Speaker 4: a result, you know, they can be more expensive to fix.

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Speaker 4: I think bumpers are one of the most expensive expensive

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Speaker 4: things suffix with the likes of censers and cameras that

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Speaker 4: you have in back as the backs of cars these days.

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Speaker 4: And it does depend on the individual situation. You know,

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Speaker 4: the cost of the car, who's driving it, where you're

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Speaker 4: parking it, where you are that they are all factors.

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Speaker 4: But you know there's becoming more expensive to ensure them

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Speaker 4: because the cars are you know, fixing them. Fixing them

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Speaker 4: is more complete.

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Speaker 3: If somebody brought in us because we always get their suspicion.

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Speaker 3: You know, when you have to pay a fortune for

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Speaker 3: a light bulb. You go, someone's clipping the ticket.

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Speaker 4: I look up weird knowledge, you know, just not with

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Speaker 4: just insurance that everyone's finding un paying the bills more difficult.

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Speaker 4: The stats that you quite said are interesting, but you know,

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Speaker 4: the big picture steps. Indeed, last year said that vehicle

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Speaker 4: insurance inflation is coming back from about klaster twenty percent

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Speaker 4: twelve months ago at the end of last year to

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Speaker 4: fifteen percent, so it's heading in the right direction. But

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Speaker 4: you know, things are becoming more challenging in terms of

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Speaker 4: fixing the vehicles. So I'm sure as they're doing things

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Speaker 4: like trying to you know, bring costs down when they

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Speaker 4: are repairing vehicles, like you know, extablishing hubs where they

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Speaker 4: can fix these vehicles to try and bring down costs,

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Speaker 4: and trying to get costs stuff from supplies to you.

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Speaker 4: So they all trying their best to keep the pressure down.

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Speaker 5: That's it.

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Speaker 3: The premiums keep going up. So people making the choice

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Speaker 3: to drive around uninsured.

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Speaker 4: I like, we hope they're not because that's putting them

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Speaker 4: in others at risk. We'll always say people should shop

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Speaker 4: around and make sure that they've got the right insurance policy.

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Speaker 4: For them whether the excess is right. But as most

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Speaker 4: people would know, if you move away from comprehensive coverage

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Speaker 4: to third party, you're not covered in terms of their

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Speaker 4: own vehicle. The third party, the person that you might

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Speaker 4: do some damage, is covered, but it obviously leaves you

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Speaker 4: at the risk of having to find the money to

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Speaker 4: replace the vehicle yourself. So we understand that people are

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Speaker 4: I find the things difficult.

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Speaker 6: But first thing.

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Speaker 4: First they should probably go to the insurance company and

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Speaker 4: find out what they can do to make sure that

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Speaker 4: they can make it work for them.

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Speaker 3: So the insurance companies are bargainable.

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Speaker 4: Oh absolutely, I think you know when they are a members.

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Speaker 4: But one thing the insurance council would say is shop around.

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Speaker 4: I've certainly seen examples of that myself where people have

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Speaker 4: shopped around and able to get a bit of deal.

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Speaker 4: So you know, it's a pretty competitive market. You should

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Speaker 4: be able to ring around competitors of your parent insurance

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Speaker 4: insurer and I find out if someone can do a

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Speaker 4: bit of deal.

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Speaker 3: Okay, So more and more people are looking at the

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Speaker 3: party insurance. I don't know if more and more people

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Speaker 3: are taking it up, but here is a perennial talkback question.

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Speaker 3: Should third party insurance actually be compulsory? Because until you've

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Speaker 3: been running too by some dude who hasn't got insurance,

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Speaker 3: you don't know how frustrating it can be.

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Speaker 4: Well, okay, it is a perennial, but it's got some

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Speaker 4: barbes here and there. If you do make it compulsory,

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Speaker 4: then you know, what price does someone pay for whose

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Speaker 4: low risk driver as opposed to a high risk driver.

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Speaker 4: You know, if the government was looking to you know,

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Speaker 4: capping that in low risk drivers would end up subsidizing

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Speaker 4: high risk drivers. We've got pretty good coverage in terms

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Speaker 4: of comprehensive coverage vehicle coverage in New Zealand, so we

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Speaker 4: understand and respect that, but you know, the ras and

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Speaker 4: fishooks and going to a third party. You know, some

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Speaker 4: other countries do have third party insurance that's compulsory, but

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Speaker 4: they don't have the acest that we meet with body

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Speaker 4: because that's our own body and if you have an

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Speaker 4: accident here in his giving to covered by a SEC.

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Speaker 4: So we've got the the you know, the added advantage

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Speaker 4: of having the athecy assistant therefore the bodily harm.

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Speaker 3: Okay, good, thank you. Chris Farafoy, who's from the Insurance

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Speaker 3: Council as the question exists, should we have third party

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Speaker 3: insurance compulsory insurance so you can text in your thoughts?

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Speaker 3: Ninety two, ninety two. The time is now four fifteen,

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Speaker 3: now February twenty second Saudi Arabia and Joe Parker up

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Speaker 3: against Daniel Dubois. I'm really looking forward to this. Joseph

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Speaker 3: is older, wiser, and fitter than he's ever been. I

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Speaker 3: don't think he's ever had a better chance. Daniel Dubayer.

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Speaker 3: He's a beast. But there's another guy in the heavyweight division.

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Speaker 3: Oh sick, So what's he up to? We'll talk about

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Speaker 3: this in just a few moments time with Darcy Waldgrave.

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Speaker 3: This is News Talks HEB.

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Speaker 2: It's the Heather Duper c Allan Drive Full Show.

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Speaker 1: Podcast on iHeartRadio powered by News Talks b.

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Speaker 3: He News Talks B. It is eighteen after five. They're

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Speaker 3: very calm, very relaxed.

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Speaker 5: I've never been called calm or relaxed in my life.

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Speaker 3: Stop that I'm being Yeah, I'm being somewhat ironic here.

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Speaker 3: You've burst in here like a like a wildfire.

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Speaker 7: I have embraced my ADHD and I love every second

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Speaker 7: of it and if it wasn't for that, I wouldn't

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Speaker 7: be who I am today. I also the medication I'm

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Speaker 7: on because that saves me getting even worth.

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Speaker 3: Okay, far too much information, far, far too much information,

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Speaker 3: but every thing anyway, we love you. Now. I am

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Speaker 3: really looking forward to this Parker Duboi fight because Parkers

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Speaker 3: looking fine. Duboi is a beast, and you know, there's

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Speaker 3: stuff on the line. And now Alexander Usik is talking

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Speaker 3: about it.

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Speaker 7: Well, it's an IBF title fights and they're going to

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Speaker 7: fight for that, and then whoever wins that gets the fight,

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Speaker 7: because is going to retire in a couple of fights.

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Speaker 3: And Rusik has said that, he said, I will fight

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Speaker 3: the winner of Bois Parker.

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Speaker 5: That's the right. And then of course he'll put his

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Speaker 5: belts on the line too, which he meant had to

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Speaker 5: let go of the IBF belt because he wasn't going

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Speaker 5: to front up against the next contender because he wanted

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Speaker 5: to fight and beat up Tyson.

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Speaker 3: Fury to make money.

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Speaker 5: Yeah, granted when it would make him a huge amount

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Speaker 5: of money.

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Speaker 7: And now he can retire quite happy at thirty eight

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Speaker 7: thirty nine, whenever he retires. What it means though, these

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Speaker 7: two guys have got a chance to get this undisputed,

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Speaker 7: this reunification going on again. That's a massive But, like

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Speaker 7: Joseph Parker said to Dubois, because Dubois and a press

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Speaker 7: conference was talking about, you know, my next fight, my

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Speaker 7: next fight, and where I'm going, park a slight mate.

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Speaker 7: I'd focus on what you got right in front of you.

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Speaker 7: I wouldn't get too like concerned about that because it's

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Speaker 7: one other time.

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Speaker 3: But when Dubois beat Joshua, he knew that he was

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Speaker 3: going to do Joshua again, except Joshua went, I don't

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Speaker 3: want to do that again.

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Speaker 5: You know.

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Speaker 3: So he's been he's been in a training schedule. Joseph

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Speaker 3: has kind of been in a training schedule, but he's

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Speaker 3: still he got the late notice, So yeah, he might

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Speaker 3: be the most concentrated on the next fight. But you know, Dubois.

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Speaker 3: Never underestimate Dubois. He's got fists of grantite, the.

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Speaker 7: One he has until he fought Joe Joyce, and Joe

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Speaker 7: Joyce just jabbed as I for five rounds and it

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Speaker 7: wasn't eight rounds and then as I exploded and that

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Speaker 7: was all over.

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Speaker 3: And Joseph Parker beat Joe Joyce. Yes, and he also

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Speaker 3: lost to Joe Joyce. He lost to Joe Joyce, and

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Speaker 3: so he didn't beat him. He got that was his

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Speaker 3: one two was a third defeat. I think it was

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Speaker 3: for Joe Parker. The difference in Joe Parker mentally and

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Speaker 3: physically aimed his position in life right now. He's matured

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Speaker 3: hugely as an athlete and a person. And the way

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Speaker 3: he pulled apart Jan and the way he demolished Dante Wilder,

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Speaker 3: the way he paced his fight, and with this new

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Speaker 3: nutritionist who's is an ex US marine.

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Speaker 5: Guy, I mean, he's quite something else. So strength and

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Speaker 5: conditioning is huge. New coach is huge. I like what

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Speaker 5: he's doing. Should he get to usick, But first and

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Speaker 5: foremost the weekend of its time, he's got to get

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Speaker 5: passed through by and that will be fireworks. That's going

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Speaker 5: to be a great fight.

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Speaker 3: And in fact, I see the press all over the

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Speaker 3: world is starting to say this should be the headline fight.

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Speaker 2: It's not.

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Speaker 3: It's the second on the car, second to the last

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Speaker 3: on the card. It should be the headline fight. It's

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Speaker 3: going to be a cracker and a new Zealander is

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Speaker 3: in it, and that is great now, look new rugby

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Speaker 3: league teams. We've heard about South Island bids and then

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Speaker 3: someone yesterday was banging on about how they should be

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Speaker 3: a pacificate team. Now apparently someone else ondesday second Auckland team.

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Speaker 5: Have you got consortium fatigue? Because I had? They're everywhere

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Speaker 5: every time you look up. I found a couple in

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Speaker 5: the back of the couch.

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Speaker 7: Look, we're going to talk to the bid lead tonight

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Speaker 7: on Sports Talk.

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Speaker 8: His name.

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Speaker 5: I suddenly completely forgot what I was saying about, but

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Speaker 5: his name is. I'm gonna start. I'm gonna I gotta start,

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Speaker 5: i gotta start focus. It's going to be joining us

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Speaker 5: tonight to talk about what this is. So embarrassed, Yeah,

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Speaker 5: that's what I mean. Sometimes my mind just goes off

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Speaker 5: into another place.

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Speaker 3: They play. His name is Jeff Brown. Just you forget

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Speaker 3: well you.

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Speaker 7: Look, it's one more and it's a very crowded market

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Speaker 7: over the Auckland sporting space to get more backsides and

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Speaker 7: more eyeballs on another team. Look, I wish them the best,

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Speaker 7: but the Landers wanted nothing to do with the three

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Speaker 7: South Islands bids, and so why would this be any different?

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Speaker 3: Nothing ventured, nothing, no, absolutely, but it's that's.

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Speaker 5: A hard fight. I think they don't want to have

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Speaker 5: it at even part. Wayne Brown is pretty keen on it.

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Speaker 5: Fredick Boy's being behind it too.

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Speaker 7: You've got a number of people who want it to happen,

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Speaker 7: but like, will it actually happen?

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Speaker 3: Well, we can make our minds up tonight because you're

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Speaker 3: talking to this fellow that you only just remember the

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Speaker 3: name of Jeff Brown. Jeff Brown, there we go.

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Speaker 5: I just think of j eth there's a g in it.

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Speaker 3: Sof yeh okay, Darcy Autograde from seven it's for twenty.

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Speaker 1: Three getting the facts discarding the fluff is Andrew dickens

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Speaker 1: on hither duplus the Alan drive with one New Zealand

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Speaker 1: let's get connected news talks that'd be texts.

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Speaker 3: Rod says, I've recommended to Barbara Broccoli that Joseph Parker

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Speaker 3: should be the next James Bond. Have a solved two

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Speaker 3: problems text Parkers washed up past, he has an apparent

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Speaker 3: hiss punches text from Mark Parker will get a good

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Speaker 3: hiding the guy as a myth oh ye of little faith.

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Speaker 3: Now the third party compulsory insurance Lynd says, what are

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Speaker 3: the insurance companies frightened? Off with compulsory insurance. It's compulsory

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Speaker 3: overseas with big penalties. So keep our premium down and

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Speaker 3: make it compulsory, Chris writes regarding third party compulsory car insurance.

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Speaker 3: All the insurance companies in New Zealand have lobbied the

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Speaker 3: government for years against making it compulsory through car registration

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Speaker 3: because it would cut their profits. Is as simple as that.

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Speaker 3: Ask any insurance agent and they will tell you the same.

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Speaker 3: Thank you, Chris. Paul says every country has full compulsory insurance.

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Speaker 3: We could at least, and we should have at least

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Speaker 3: third party. And Lart says we should have compulsory insurance

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Speaker 3: for the person, not the vehicle. The more speeding tickets, crashes,

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Speaker 3: drink driving charges you have, the higher the premium. If

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Speaker 3: you don't have insurance, your car is impounded and sold.

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Speaker 3: After five years of no issues, you dropped back to

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Speaker 3: the base premium rate. It would get all the unsafe

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Speaker 3: vehicles off the road and maybe some of the unsafe

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Speaker 3: drivers as well. So I've got some thoughts about this.

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Speaker 3: I've always had strong thoughts about this, and I'll tell

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Speaker 3: you that in about an hour's time. But still to

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Speaker 3: carme Murray Olds in Australia. Remember that story we had

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Speaker 3: yesterday about the Western Sydney nurses who said if they

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Speaker 3: found an Israeli patient that kill him was shocking. Well

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Speaker 3: police have had a chat and Murray Olds will tell

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Speaker 3: us a detail in a few moments time. Here on

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Speaker 3: New Stalks are.

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Speaker 1: Putting the challenging questions to the people. At the heart

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Speaker 1: of the story. It's Andrew dickens On hither dupless Alan

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Speaker 1: drive with one New Zealand let's get connected and you

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Speaker 1: Stalks at be good.

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Speaker 3: I going to Andrew dickens in for Ryan Bridge, who

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Speaker 3: is back on Monday. You just heard take it to

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Speaker 3: Peris on our news. What did you think of that

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Speaker 3: he believed His apology, which was presented entirely until day

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Speaker 3: of Maori, means more in Maori than anyone would know.

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Speaker 3: But I have a proverb for taketa fadas Ever, a

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Speaker 3: tree falls in a forest, but nobody is there to

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Speaker 3: hear or see it fall. Did it really fall? Takeata?

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Speaker 3: And what language did you use to make the statements

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Speaker 3: that you needed to apologize for? Taketa? So anyway, Barry

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Speaker 3: Soopa is joining us at about a quarter two to

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Speaker 3: talk about that it's a big story. I got to

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Speaker 3: Murray Olds very shortly. Barry might also talk about Nichola Willis,

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Speaker 3: who opened the Economics Forum in Hamilton today. She targeted

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Speaker 3: an increasing competition at the banking, grocery and electricity sectors.

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Speaker 3: Three bug bears that we always complained about labour grapple

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Speaker 3: with grocery competition. What did we get? A grocery commissioner,

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Speaker 3: very good at talking about the problem, powerless to affect

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Speaker 3: any real change anyway. Nikola wants to get shoppers a

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Speaker 3: fairer deal, but no announcements made. She reckons she could

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Speaker 3: iron out some regulatory hurdles to help players access land.

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Speaker 3: We've heard this before in banking. We have four banks,

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Speaker 3: shouldn't there already be competition? And the gent tailor's This

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Speaker 3: whole electricity system is a system that Naturial put in

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Speaker 3: place in the first place to ensure competition. So what

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Speaker 3: are you going to do?

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Speaker 6: So?

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Speaker 3: Yeah, we wait to see. Anyway. Looking at the forum's agenda,

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Speaker 3: there's one glaring omission that they're not talking about, and

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Speaker 3: it's corporate tax rates and tax incentives for foreign investments.

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Speaker 3: And surely that's the sort of thing that we need

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Speaker 3: to talk about now if we want some tangible growth, growth, growth, growth,

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Speaker 3: growth sometime in the near future. It is twenty three

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Speaker 3: to five.

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Speaker 2: It's the world wires on youth talks. They'd be drive.

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Speaker 3: As I mentioned at the top of the program, President

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Speaker 3: Donald Trump has had phone calls with President Putin of

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Speaker 3: Russia and President Zelonsky of Ukraine, the President three way.

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Speaker 3: He says the calls were productive. He expects to meet

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Speaker 3: Putin in Saudi Arabia for cease fire negotiations. Here is

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Speaker 3: President Trump.

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Speaker 9: I think they have to make peace. That people are

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Speaker 9: being killed, and I think they have to make peace.

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Speaker 9: Will I said that was not a good war to

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Speaker 9: go into, and I think they have to make peace.

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Speaker 2: That's what I think.

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Speaker 3: That is what he thinks, and we'll find out. The

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Speaker 3: two Western Sydney nurses that spoke about killing Israeli patients

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Speaker 3: have had a meeting with police. Police have also asked

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Speaker 3: the Israeli influencer who was the other side of that

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Speaker 3: video chat with the nurses to hand in the full

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Speaker 3: record of the conversation. And here is what that influencer

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Speaker 3: had to say after the video hit the news.

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Speaker 2: I hope they've opened their eyes a little bit, so.

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Speaker 10: This tremendous anti Semitism that is going on in their country.

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Speaker 11: And finally I'm okay, this is Taylor.

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Speaker 3: I believe that not. This is about a breeding program.

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Speaker 3: It's in British Columbia, Canada, trying to save the spotted

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Speaker 3: owl from extinction. It's announced a Valentine's Day fundraising campaign

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Speaker 3: for an owl. If you donate New Zealand dollars to

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Speaker 3: the program, they will name a rat after your ex

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Speaker 3: partner and then feed it to one of the owls.

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Speaker 3: Love is cruel. While some rat fans have said this

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Speaker 3: campaign is in fact cruel and heartlessly, program says the

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Speaker 3: rats are going to die anyway and the owls have

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Speaker 3: to eat them to survive.

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Speaker 1: International correspondence with Insigneye Insurance Peace of Mind for New

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Speaker 1: Zealand Business.

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Speaker 3: Twenty one to five. Murray Olds, Hello, Hey, good mate. Wow. Okay,

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Speaker 3: the Western Sydney Nurses saga continues. What's happened today?

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Speaker 2: Wow?

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Speaker 12: Lots of moving parts. As you say, police have spoken

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Speaker 12: to them. Not sure one hundred percent where those discussions

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Speaker 12: have gone, Sarah Abu Lebda and Ahmed Nadia. Police were

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Speaker 12: waiting until I've spoken to lawyers. Nadia was born in Afghanistan,

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Speaker 12: came here at twelve and became an Australian citizen four

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Speaker 12: years ago. Predictably, Opposition leader Peter Dunton now jumps up

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Speaker 12: on this political high horse, wants to politicize all of this,

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Speaker 12: wants a debate about revoking citizenship. Pete, pipe down, mate,

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Speaker 12: It's not about you. What it is about is a

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Speaker 12: disgraceful display by a couple of really young and dumb

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Speaker 12: talk about naive. I'm not sure who they thought they

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Speaker 12: were talking to, but the Israeli influencer Strokes social media

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Speaker 12: expert played them like fiddles. It was like, I don't know,

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Speaker 12: it was like phishing. I mean he comes the bait

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Speaker 12: and bang that biting. In no way does that excuse

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Speaker 12: what they had to say. It was utterly disgraceful. They've

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Speaker 12: been sacked from their nursing positions. They'll never work again

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Speaker 12: in New South Wales Health. The social media star apparently

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Speaker 12: has been spoken to by a police again. We're waiting

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Speaker 12: to see what came out of that. He's a regular

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Speaker 12: though on this web platform that global users apparently hop

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Speaker 12: onto it. This is all above my head, but apparently

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Speaker 12: global users can hop on this web platform and pick

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Speaker 12: up conversations with others at random around the world. They

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Speaker 12: can use audio or video. And this guy is a

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Speaker 12: real expert in this, and he's actually says that he

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Speaker 12: sets out to try and catch people who have got

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Speaker 12: anti Israeli views and look, in the current climate around

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Speaker 12: the world is not hard to find those people. But

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Speaker 12: again you come back to what was completely unacceptable behavior

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Speaker 12: for two nurses to say if any Israelis com and

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Speaker 12: E were going to kill them, I mean, it's just awful.

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Speaker 3: Well look, look, can I just say it just shows

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Speaker 3: an underlining anti Semitism, but I actually want to broad

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Speaker 3: on that out. It's actually an anti anti Israelism really,

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Speaker 3: And some of these kids they don't even know what

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Speaker 3: they're talking about. They don't even realize what they're actually saying,

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Speaker 3: you know, and it's yeah, hey.

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Speaker 6: Look stupid, stupid.

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Speaker 3: It's very good word. Four ABC employees have died from

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Speaker 3: as vestus exposure. Bless.

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Speaker 2: This is dreadful.

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Speaker 12: This is far from stud This is extremely serious. This

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Speaker 12: is down in Melbourne the old ex ABC television studios

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Speaker 12: and radio headquarters. The television studios were home and till

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Speaker 12: the I Big Abuton. The radio studios were home in

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Speaker 12: this building until the late nineteen eighties. The television studios

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Speaker 12: in use up until twenty seventeen. And as you say,

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Speaker 12: four employees now have died from mesophilioma, which has come

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00:22:16,480 --> 00:22:19,480
Speaker 12: they say, from breathing in asbestos dust. Now, asbestos was

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Speaker 12: used as an insulator in the ceilings and in the walls,

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Speaker 12: and apparently this stuff just leaches out and sort of

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00:22:25,520 --> 00:22:28,320
Speaker 12: bleeds out in little dust particles, and these poor people

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Speaker 12: have breathed in and they're now dead. And of course

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Speaker 12: now the big, the big searches on anyone else has

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Speaker 12: lung problems and who may have worked in these two facilities.

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Speaker 3: Mate, Mate, I worked in a broadcasting house in Wellington

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Speaker 3: which was a classic old building and we had asbestos

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Speaker 3: based acoustic tiles everywhere, wow, everywhere, you know, it was

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Speaker 3: what they did back then. So the invocations are coming

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00:22:51,880 --> 00:22:55,720
Speaker 3: through later on. And finally a giant American ute has

437
00:22:55,800 --> 00:22:57,600
Speaker 3: caused some outrage in Melbourne.

438
00:22:58,000 --> 00:22:59,480
Speaker 6: Oh, mate, forgot.

439
00:23:00,040 --> 00:23:03,560
Speaker 12: Honestly, you may have seen these big ram trucks and

440
00:23:03,600 --> 00:23:06,080
Speaker 12: so on on the roads in New Zealand. Well there's

441
00:23:06,119 --> 00:23:10,639
Speaker 12: an even bigger one that's come to Australian shores. Let

442
00:23:10,720 --> 00:23:13,760
Speaker 12: me get the dimensions here. This thing is nearly six

443
00:23:13,840 --> 00:23:16,679
Speaker 12: meters long and more than two meters wide.

444
00:23:17,720 --> 00:23:18,399
Speaker 6: They dwarf.

445
00:23:18,480 --> 00:23:20,920
Speaker 12: The best selling car over here is the Toyota high

446
00:23:20,960 --> 00:23:24,280
Speaker 12: Lucks and they're pretty big vehicles and you know a

447
00:23:24,280 --> 00:23:26,600
Speaker 12: lot of tradees use them and they're really really popular.

448
00:23:27,000 --> 00:23:29,280
Speaker 12: This thing makes a high Lux look like a mini

449
00:23:29,920 --> 00:23:33,960
Speaker 12: and they don't even fit in the standard Australian parking spaces.

450
00:23:34,400 --> 00:23:35,600
Speaker 6: It's like one and a half.

451
00:23:35,920 --> 00:23:38,000
Speaker 12: One guy, and I think it was Melbourne film, one

452
00:23:38,040 --> 00:23:41,200
Speaker 12: of these things going down the road and it struggles.

453
00:23:41,200 --> 00:23:44,679
Speaker 12: The driver is struggling to keep it inside the middle.

454
00:23:45,280 --> 00:23:47,320
Speaker 12: You know that the strip that runs down the middle

455
00:23:47,320 --> 00:23:49,720
Speaker 12: of the road. It's just so bloody wide. The guy

456
00:23:49,840 --> 00:23:53,080
Speaker 12: can't keep it in his own lane. Now, why these

457
00:23:53,080 --> 00:23:55,000
Speaker 12: things are allowed to come in, I don't know. They're

458
00:23:55,040 --> 00:23:59,000
Speaker 12: not even subject to the standard Australian safety checks that

459
00:23:59,520 --> 00:24:05,320
Speaker 12: are replied do every other vehicle. But anyway, well.

460
00:24:05,359 --> 00:24:07,280
Speaker 3: Do you think the owners are compensating for something?

461
00:24:09,680 --> 00:24:13,679
Speaker 12: Well, mate, that's very good. They might well be. They

462
00:24:13,720 --> 00:24:15,320
Speaker 12: may well. Well, I don't think too many little old

463
00:24:15,400 --> 00:24:17,040
Speaker 12: ladies are driving the church put it that.

464
00:24:17,000 --> 00:24:19,439
Speaker 3: One Murray, I thank you so much. Murray holds out

465
00:24:19,440 --> 00:24:23,840
Speaker 3: of Australia. Okay, my statements about the fairest apology in Mali.

466
00:24:24,480 --> 00:24:27,240
Speaker 3: Chris writes, his apology in his native language is more sincere.

467
00:24:27,280 --> 00:24:29,520
Speaker 3: It means more to him to deliver in his language.

468
00:24:29,600 --> 00:24:32,159
Speaker 3: Sure I get that. Therefore it is a thing of beauty.

469
00:24:32,280 --> 00:24:34,320
Speaker 3: Sure I get that. Then Chris goes on and says,

470
00:24:34,480 --> 00:24:38,040
Speaker 3: colonization is trying to force assimilation. Your ignorance is screaming

471
00:24:38,080 --> 00:24:40,040
Speaker 3: your lack of understanding. I don't get that, Chris at all.

472
00:24:40,359 --> 00:24:42,840
Speaker 3: If the person he's apologizing to doesn't have a clue

473
00:24:42,880 --> 00:24:45,440
Speaker 3: what he's saying, is it really an apology. We'll talk

474
00:24:45,440 --> 00:24:48,200
Speaker 3: about this with Barry Sopa. In the moment, it is sixteen.

475
00:24:47,840 --> 00:24:51,439
Speaker 1: To five Politics with centrics credit check your customers and

476
00:24:51,440 --> 00:24:52,520
Speaker 1: get payment certainty.

477
00:24:53,320 --> 00:24:56,800
Speaker 3: Ah thirteen to five Barry Soper, Hello.

478
00:24:56,680 --> 00:24:58,160
Speaker 13: Good afternoon, Andrew.

479
00:24:58,119 --> 00:25:08,840
Speaker 3: Um please accept mafuckerpaha ah uh you know adaham. I yeah,

480
00:25:08,960 --> 00:25:10,960
Speaker 3: you know what I'm saying. No, No, you know what

481
00:25:12,240 --> 00:25:15,399
Speaker 3: means I'm sorry? Yeah, Well it may well do.

482
00:25:15,560 --> 00:25:22,720
Speaker 13: And certainly that's what takout Ferris said the dead of

483
00:25:22,800 --> 00:25:27,680
Speaker 13: light night last night, when the Privileges Committee basically said

484
00:25:27,680 --> 00:25:30,680
Speaker 13: to him he had to apologize for being in contempt

485
00:25:30,680 --> 00:25:35,920
Speaker 13: of parliament. Now you'll remember he blatantly lied himself about

486
00:25:35,920 --> 00:25:38,520
Speaker 13: whether he had called MP's liars when he's giving a

487
00:25:38,520 --> 00:25:42,200
Speaker 13: speech last September and we played it yesterday. But he did,

488
00:25:42,240 --> 00:25:48,200
Speaker 13: apparently last night say in Mardi that he apologizes, and

489
00:25:48,320 --> 00:25:52,320
Speaker 13: that was missed, of course by many, and that infuriated

490
00:25:52,359 --> 00:25:55,760
Speaker 13: New Zealand first Shane Jones, who told Parliament Ferris was

491
00:25:55,800 --> 00:26:00,200
Speaker 13: again contemptuous by delivering the apology only in Mary. Get

492
00:26:00,200 --> 00:26:01,639
Speaker 13: a load of the Jones fury.

493
00:26:02,119 --> 00:26:06,960
Speaker 14: This member beats to a drum where he believes he's impervious,

494
00:26:07,280 --> 00:26:10,639
Speaker 14: he's beyond any of this criticism because he's blessed with

495
00:26:10,840 --> 00:26:14,879
Speaker 14: some pure non muggles moldy blood. Shame on you for

496
00:26:15,000 --> 00:26:18,960
Speaker 14: bringing your own people into disrepute.

497
00:26:19,359 --> 00:26:21,280
Speaker 6: Shame on your leaders for.

498
00:26:21,400 --> 00:26:26,359
Speaker 14: Not insisting you show foka iti you showed humility. There

499
00:26:26,440 --> 00:26:32,320
Speaker 14: is no honor in this arrogant, No honor in this childish,

500
00:26:32,720 --> 00:26:37,640
Speaker 14: No honor in this contemptuous display of disregard for what

501
00:26:37,680 --> 00:26:39,960
Speaker 14: it means to be a parliamentarian.

502
00:26:39,760 --> 00:26:43,240
Speaker 13: You know, and Jones was furious, genuinely. I think, I

503
00:26:43,240 --> 00:26:46,240
Speaker 13: mean he's very theatrical in parliament. But just a few

504
00:26:46,280 --> 00:26:52,960
Speaker 13: minutes ago, Katuta Ferris, I should say, Takuta Feris, I

505
00:26:52,960 --> 00:26:55,040
Speaker 13: should get it right because I'll be told off about that.

506
00:26:55,080 --> 00:26:57,320
Speaker 13: But a few minutes ago he was on his feet

507
00:26:57,359 --> 00:27:01,960
Speaker 13: in the debating chamber. He said that apologizing and maldi

508
00:27:02,080 --> 00:27:04,920
Speaker 13: means much more to his people than it does in English. Now,

509
00:27:05,200 --> 00:27:08,760
Speaker 13: in fairness to him, we do have two official languages

510
00:27:08,800 --> 00:27:09,520
Speaker 13: in New Zealand.

511
00:27:09,560 --> 00:27:10,320
Speaker 3: We have three.

512
00:27:10,440 --> 00:27:12,080
Speaker 5: Well, sign language.

513
00:27:12,560 --> 00:27:14,879
Speaker 3: He could have done it in Sigue, and if he

514
00:27:14,960 --> 00:27:16,840
Speaker 3: done it in sign language, I would have asked for

515
00:27:16,920 --> 00:27:19,360
Speaker 3: an English translation as well. You know, I just think

516
00:27:19,400 --> 00:27:21,680
Speaker 3: that we've got three official languages.

517
00:27:22,720 --> 00:27:26,040
Speaker 13: And he knows, I know, he knows he is being arrogant.

518
00:27:26,240 --> 00:27:30,159
Speaker 13: He knows he was pushing the boundaries and there's nothing

519
00:27:30,160 --> 00:27:32,160
Speaker 13: that can be done about it. But it's the sheer

520
00:27:32,280 --> 00:27:35,280
Speaker 13: arrogance that will go with him through his parliament.

521
00:27:35,680 --> 00:27:37,480
Speaker 3: Can I just say to mister Ferris, it makes me

522
00:27:37,520 --> 00:27:39,880
Speaker 3: think that perhaps you went to sincere ner apology because

523
00:27:39,920 --> 00:27:42,960
Speaker 3: you're actually being cantankerous and being obtuse. Yes, so there

524
00:27:42,960 --> 00:27:45,160
Speaker 3: we go, Kenneth paper Mill. Where are we at?

525
00:27:45,320 --> 00:27:45,600
Speaker 15: Well?

526
00:27:45,800 --> 00:27:48,800
Speaker 13: Interestingly this afternoon. Now, you know, people had sort of

527
00:27:48,840 --> 00:27:51,560
Speaker 13: I think forgotten a bit about Pearl Kinleith. Two hundred

528
00:27:51,560 --> 00:27:54,840
Speaker 13: and thirty mill workers are about to lose their jobs

529
00:27:54,880 --> 00:27:58,119
Speaker 13: there Dune next year the machine stopped working. I remember

530
00:27:58,160 --> 00:28:01,720
Speaker 13: covering disputes there in the early eighties when they went

531
00:28:01,760 --> 00:28:02,879
Speaker 13: on a three month strike.

532
00:28:02,960 --> 00:28:05,359
Speaker 3: You probably don't know, Yeah, no, I remember, well. I

533
00:28:05,359 --> 00:28:09,920
Speaker 3: remember John Dobbs was a federational labor down mill, down mill.

534
00:28:09,800 --> 00:28:10,760
Speaker 6: It really was.

535
00:28:10,960 --> 00:28:15,800
Speaker 13: And so and I've stopped in Penrose the recycling plant

536
00:28:15,880 --> 00:28:20,040
Speaker 13: that stopped in December. Two hundred and thirty workers will

537
00:28:20,080 --> 00:28:22,840
Speaker 13: lose their jobs next year. And so there seemed to

538
00:28:22,880 --> 00:28:25,720
Speaker 13: be some hope though for the Kinleith workers in Parliament

539
00:28:25,720 --> 00:28:29,400
Speaker 13: this afternoon, when Labour's Willie Jackson was asking the Employment

540
00:28:29,480 --> 00:28:33,840
Speaker 13: Minister Louise Upston to expand about what Winston Peters had

541
00:28:33,880 --> 00:28:36,639
Speaker 13: told workers last year. Have I listen and see what

542
00:28:36,680 --> 00:28:37,080
Speaker 13: you think?

543
00:28:37,320 --> 00:28:40,440
Speaker 16: Does she agree with Deputy Prime Minister Winston Peters who

544
00:28:40,520 --> 00:28:44,400
Speaker 16: told workers at the Kinleith mill last year that Kinneith

545
00:28:44,440 --> 00:28:47,120
Speaker 16: miller is the lifeblood of the way Cuttle and that

546
00:28:47,360 --> 00:28:52,480
Speaker 16: targeted government intervention is sometimes necessary to ensure the survival

547
00:28:52,600 --> 00:28:56,240
Speaker 16: of a business and a community, and is so can

548
00:28:56,280 --> 00:28:59,880
Speaker 16: the workers of Kinleith Mill have confidence that their jobs

549
00:29:00,480 --> 00:29:02,080
Speaker 16: and livelihoods are secure?

550
00:29:02,320 --> 00:29:05,040
Speaker 17: Mister Speaker, I always agree with the Deputy Prime Minister

551
00:29:05,600 --> 00:29:09,600
Speaker 17: and I know very well how important the Kinley employment

552
00:29:10,120 --> 00:29:13,920
Speaker 17: is in that community. And that is why as a

553
00:29:13,960 --> 00:29:16,200
Speaker 17: government we are looking at options.

554
00:29:16,520 --> 00:29:19,360
Speaker 13: Oh now that's fascinating, isn't it.

555
00:29:19,400 --> 00:29:21,800
Speaker 3: Well, why why are they looking at options? Look, it's

556
00:29:21,840 --> 00:29:24,520
Speaker 3: a private market, is it. They've got markets and they've collapsed.

557
00:29:24,720 --> 00:29:28,160
Speaker 3: It's a private business. It's none of the government's business.

558
00:29:28,120 --> 00:29:30,520
Speaker 3: They are in a very flasty mood today, Andrew. The

559
00:29:30,600 --> 00:29:32,560
Speaker 3: thing is, you know, when you look at and having

560
00:29:32,600 --> 00:29:37,440
Speaker 3: covered that dispute, kinlead Takaha is totally depend on yes,

561
00:29:37,600 --> 00:29:38,200
Speaker 3: on that mill.

562
00:29:38,280 --> 00:29:41,560
Speaker 13: Although you could say that Matara down near where I

563
00:29:41,680 --> 00:29:44,080
Speaker 13: come from, they had a paper mill down there, they

564
00:29:44,080 --> 00:29:46,960
Speaker 13: had a freezing works down there. They were closed down

565
00:29:47,320 --> 00:29:52,000
Speaker 13: the close the town hasn't closed down, but you know Kinley,

566
00:29:52,120 --> 00:29:57,400
Speaker 13: that's fairly isolated, and so it's too So I don't

567
00:29:57,400 --> 00:30:00,320
Speaker 13: know what the government's going to do, but you know,

568
00:30:01,400 --> 00:30:04,520
Speaker 13: we wait and see you there. Certainly that's the indication.

569
00:30:04,160 --> 00:30:06,160
Speaker 3: That we've got Well, I know that in the area

570
00:30:06,240 --> 00:30:09,600
Speaker 3: now they're actually shipping unprocessed logs straight to nap your port,

571
00:30:09,720 --> 00:30:12,000
Speaker 3: and Kui Rail is working along with the port to

572
00:30:12,040 --> 00:30:13,760
Speaker 3: make that easier so that we can actually have some

573
00:30:13,800 --> 00:30:17,200
Speaker 3: mills and have some more work in Tacola. Nobody wants

574
00:30:17,240 --> 00:30:22,240
Speaker 3: Takoa to die, but you can't artificially infleet an entire

575
00:30:22,280 --> 00:30:23,440
Speaker 3: sector that has collapsed.

576
00:30:23,480 --> 00:30:25,640
Speaker 13: Well, it sounds as though the government is about to

577
00:30:25,680 --> 00:30:28,240
Speaker 13: do something though. If you listen to Louise upstairs.

578
00:30:28,400 --> 00:30:31,560
Speaker 3: Okay, Perry, now remember you're talking about Heather tomorrow and

579
00:30:31,680 --> 00:30:35,360
Speaker 3: the car. Oh okay, because I'm getting texts the whole

580
00:30:35,360 --> 00:30:38,000
Speaker 3: time from people, go what's happening with Heather? So you're

581
00:30:38,000 --> 00:30:41,200
Speaker 3: telling me everything tomorrow for forty five Oka, no worries.

582
00:30:41,280 --> 00:30:45,400
Speaker 1: Andrew putting the tough questions to the newspeakers the mic

583
00:30:45,480 --> 00:30:46,760
Speaker 1: asking breakfast.

584
00:30:46,440 --> 00:30:48,920
Speaker 18: Nindly from the Broadcasting Minister, who has some thoughts around

585
00:30:48,960 --> 00:30:51,360
Speaker 18: the screen and television sector. Big stream is like Netflix,

586
00:30:51,360 --> 00:30:54,760
Speaker 18: ollas support more allegedly local content South Pacific Pictures MD

587
00:30:54,920 --> 00:30:55,960
Speaker 18: Andrew systements with us.

588
00:30:56,200 --> 00:30:58,720
Speaker 8: I actually said the recommendations that came out of NCACH

589
00:30:58,760 --> 00:30:59,600
Speaker 8: are pretty on the money.

590
00:30:59,640 --> 00:30:59,840
Speaker 2: Good.

591
00:31:00,160 --> 00:31:02,640
Speaker 18: That's encouraging. It's just I'm going back to this business

592
00:31:02,640 --> 00:31:05,480
Speaker 18: of the news, Google paying for stuff and they just

593
00:31:05,600 --> 00:31:07,840
Speaker 18: don't seem to have an urgency about them.

594
00:31:07,840 --> 00:31:08,760
Speaker 2: You see something different.

595
00:31:08,800 --> 00:31:10,320
Speaker 19: Well, here's the idea.

596
00:31:10,600 --> 00:31:11,280
Speaker 20: It's difficult.

597
00:31:11,280 --> 00:31:12,960
Speaker 8: You know, they're all bargaining act as a whole of

598
00:31:13,200 --> 00:31:16,240
Speaker 8: kidder firsh There are similarities, but audiences are migrating to

599
00:31:16,280 --> 00:31:19,840
Speaker 8: strending platforms with great content and local content. Players are

600
00:31:19,880 --> 00:31:21,120
Speaker 8: getting this out of the play.

601
00:31:21,320 --> 00:31:24,040
Speaker 18: Back Tomorrow at six am the Mike Hosking Breakfast with

602
00:31:24,080 --> 00:31:26,320
Speaker 18: the Rain drove of the lah News talk ZB.

603
00:31:27,160 --> 00:31:32,160
Speaker 3: What with their party, compulsory insurance and mister Ferris's apology

604
00:31:32,200 --> 00:31:34,600
Speaker 3: of Mary. The text machine is melting down. A lot

605
00:31:34,640 --> 00:31:37,240
Speaker 3: of you are very angry. Silence says, what an absolute joke.

606
00:31:37,280 --> 00:31:39,640
Speaker 3: He made the landish comments in parliament and English, therefore

607
00:31:39,640 --> 00:31:42,520
Speaker 3: should be making the apology in English. Shane Jones has

608
00:31:42,520 --> 00:31:46,080
Speaker 3: my backing. But here's the thing about mister Ferris. He

609
00:31:46,160 --> 00:31:48,080
Speaker 3: made the apology and the dead of night, when nobody

610
00:31:48,120 --> 00:31:51,480
Speaker 3: was there. He made the apology completely in Maori, which

611
00:31:51,520 --> 00:31:53,800
Speaker 3: a lot of people don't understand. It was a complicated

612
00:31:53,800 --> 00:31:57,480
Speaker 3: little speech. I think he knew what he was doing.

613
00:31:57,600 --> 00:31:59,640
Speaker 3: I'm not sure he was sincere and I can tell

614
00:31:59,640 --> 00:32:02,320
Speaker 3: you and that thing. Speaking in Parliament today, he made

615
00:32:02,360 --> 00:32:05,720
Speaker 3: opening comments in Maori and then translated what he just

616
00:32:05,760 --> 00:32:08,600
Speaker 3: said in English. So when he wants to be heard,

617
00:32:09,360 --> 00:32:11,680
Speaker 3: he'll say it in English. When he doesn't mean what

618
00:32:11,720 --> 00:32:14,240
Speaker 3: he wants to say, maybe he does it in Malory.

619
00:32:14,720 --> 00:32:17,200
Speaker 3: And yes, don't don't tell me that I'm a colonizer.

620
00:32:17,520 --> 00:32:21,200
Speaker 3: I totally one hundred percent support Malory, and I totally

621
00:32:21,200 --> 00:32:24,600
Speaker 3: one hundred percent support English, and I totally one percent

622
00:32:24,920 --> 00:32:30,200
Speaker 3: support sign language. Now on the way, Nicholas Willis reckons

623
00:32:30,320 --> 00:32:33,840
Speaker 3: he knows about a new supermarket entrant. We'll figure out

624
00:32:33,840 --> 00:32:36,360
Speaker 3: whether that's true. We'll talk to Monopoly Watch. We've got

625
00:32:36,360 --> 00:32:39,959
Speaker 3: a camera law professor on what's happening with Ukraine at

626
00:32:40,040 --> 00:32:43,280
Speaker 3: Russia and a lawyer who's taken class action against Johnson

627
00:32:43,280 --> 00:32:46,240
Speaker 3: and Johnson never flew meads what a show next? Here

628
00:32:46,280 --> 00:32:47,160
Speaker 3: are newshors to be.

629
00:32:52,000 --> 00:32:59,440
Speaker 13: We can a do only a a don' aly god only.

630
00:33:00,280 --> 00:33:02,360
Speaker 2: I'd love to celebrate.

631
00:33:08,640 --> 00:33:14,080
Speaker 1: Questions, answers, facts, analysis, the drive show you trust for

632
00:33:14,160 --> 00:33:17,760
Speaker 1: the full picture. Andrew Dickins on Hither Duplicy, Alan Dry

633
00:33:17,960 --> 00:33:21,560
Speaker 1: with One New Zealand Let's get connected news talks that'd be.

634
00:33:23,960 --> 00:33:25,880
Speaker 3: Welcome on and thank you for choosing us at a

635
00:33:25,960 --> 00:33:29,880
Speaker 3: seven minutes after five. So a twenty five billion dollar

636
00:33:30,040 --> 00:33:33,320
Speaker 3: market and just two players control eighty two percent of it.

637
00:33:33,640 --> 00:33:37,120
Speaker 3: We're talking about the supermarket sector. Finance Minister Nicholas will

638
00:33:37,200 --> 00:33:40,720
Speaker 3: and Nichola Willis today reiterated her plans to encourage a

639
00:33:40,760 --> 00:33:43,720
Speaker 3: third player and more competition in the grocery sector, but

640
00:33:43,800 --> 00:33:46,400
Speaker 3: she's a bit light on the detail. She said she'd

641
00:33:46,400 --> 00:33:50,320
Speaker 3: like to remove regulations that discourage new supermarkets, and she

642
00:33:50,320 --> 00:33:53,120
Speaker 3: would like to help new entrants access land in a

643
00:33:53,160 --> 00:33:55,040
Speaker 3: bid to break the current duopoly.

644
00:33:55,160 --> 00:33:58,480
Speaker 21: Look, I am aware that we have received what's called

645
00:33:58,480 --> 00:34:03,000
Speaker 21: an unsolicited prop We've said to all comers, if you

646
00:34:03,040 --> 00:34:06,160
Speaker 21: want to come and invest in important infrastructure, bring us

647
00:34:06,160 --> 00:34:09,600
Speaker 21: a proposal. And I've been informed that we have had

648
00:34:09,600 --> 00:34:12,560
Speaker 21: a proposal. So what that tells me is there is

649
00:34:12,600 --> 00:34:16,040
Speaker 21: some interest, and I'm sending a very clear message today

650
00:34:16,760 --> 00:34:19,759
Speaker 21: that we should be engaging with that interest. We as

651
00:34:19,800 --> 00:34:23,200
Speaker 21: a government want to take those proposals very seriously.

652
00:34:23,520 --> 00:34:26,759
Speaker 3: So Tech Edwards used to run two degrees, he's now

653
00:34:26,840 --> 00:34:29,440
Speaker 3: the monopoly what research director and he joins me. Now,

654
00:34:29,440 --> 00:34:33,960
Speaker 3: HELI techs Hi, Andrew, I'm good. No concrete commitments given

655
00:34:34,040 --> 00:34:38,360
Speaker 3: today everyone says that now no one ever makes a

656
00:34:38,400 --> 00:34:41,360
Speaker 3: concrete commitment. They talk about the problem, never a solution.

657
00:34:43,280 --> 00:34:46,759
Speaker 15: Yeah, I think everybody can be encouraged that you've got

658
00:34:47,040 --> 00:34:53,120
Speaker 15: ministerial focus on this. The debate and the public policy

659
00:34:53,160 --> 00:34:55,960
Speaker 15: debate of breaking up the supermarkets is quickly moving on.

660
00:34:56,600 --> 00:35:00,640
Speaker 15: I think I was personally encouraged by the minister's invitation

661
00:35:00,920 --> 00:35:06,520
Speaker 15: to listen to proposals. The gorilla in the public policy

662
00:35:06,600 --> 00:35:10,719
Speaker 15: room is a breakup of the incumbents. The Commist Commission

663
00:35:10,840 --> 00:35:15,960
Speaker 15: proved that there was an overbuild of supermarkets, and on

664
00:35:16,000 --> 00:35:19,640
Speaker 15: a square meterage basis, New Zealand has an overbuild of supermarkets.

665
00:35:19,719 --> 00:35:23,800
Speaker 15: This is called a barrier to entry, and the sheer

666
00:35:23,880 --> 00:35:27,720
Speaker 15: level of scale that you need to create a price

667
00:35:28,719 --> 00:35:32,520
Speaker 15: output consumers means that you need some type of breakup

668
00:35:33,280 --> 00:35:37,400
Speaker 15: and it looks like the minister's inviting people in to

669
00:35:37,480 --> 00:35:41,160
Speaker 15: discuss how that breakup would occur with today's announcement.

670
00:35:41,480 --> 00:35:44,200
Speaker 3: Yes, but her main thing was that she's had an

671
00:35:44,280 --> 00:35:48,440
Speaker 3: unsolicited proposal from a possible third party player. Do you

672
00:35:48,520 --> 00:35:51,040
Speaker 3: believe that could happen? Because we all know the difficulties,

673
00:35:51,200 --> 00:35:54,600
Speaker 3: the supply chain difficulties and the difficulties in finding somewhere

674
00:35:54,600 --> 00:35:56,840
Speaker 3: to put up a supermarket. Do you believe there really

675
00:35:56,920 --> 00:35:59,960
Speaker 3: is a concrete, unsolicited proposal on the table.

676
00:36:01,440 --> 00:36:04,200
Speaker 15: Several people have been looking at this industry, including ourselves

677
00:36:04,520 --> 00:36:09,000
Speaker 15: and our British private equity people wouldn't believe, didn't believe

678
00:36:09,080 --> 00:36:12,239
Speaker 15: that the New Zealand government would ever allow a three

679
00:36:12,360 --> 00:36:14,839
Speaker 15: to two manager to take place in two thousand and six,

680
00:36:15,320 --> 00:36:18,440
Speaker 15: that that that's the gorilla that that created this problem,

681
00:36:18,800 --> 00:36:23,600
Speaker 15: and there are any discussions of what a third would

682
00:36:23,640 --> 00:36:27,560
Speaker 15: look like, but it's all what economists. Economists call this

683
00:36:27,640 --> 00:36:32,160
Speaker 15: stuff perrent competition, which they really mean to say pretend competition.

684
00:36:32,760 --> 00:36:38,480
Speaker 15: And remember there's there's such laser focus on the two encarpments.

685
00:36:38,520 --> 00:36:41,719
Speaker 15: They would love a small four percent market share, five

686
00:36:41,760 --> 00:36:45,480
Speaker 15: percent market share perroic player, pretend competitive that come with

687
00:36:45,600 --> 00:36:49,960
Speaker 15: a handful of stools. But I think that the public

688
00:36:50,000 --> 00:36:53,239
Speaker 15: policy debate, the debate has moved on since then, and

689
00:36:53,320 --> 00:36:56,840
Speaker 15: I think what the public, the common sense denominated public

690
00:36:57,120 --> 00:37:02,400
Speaker 15: and the common sense guest here is actually winning is

691
00:37:02,440 --> 00:37:04,480
Speaker 15: that you need a break up at the kartel. And

692
00:37:05,080 --> 00:37:07,960
Speaker 15: our research showed Andrew that you needed at least one

693
00:37:08,080 --> 00:37:12,120
Speaker 15: hundred and forty stores and you needed control of your

694
00:37:12,160 --> 00:37:17,319
Speaker 15: own distribution for warehouse system. And so because there's been

695
00:37:17,360 --> 00:37:20,840
Speaker 15: an overbuild, unless it's a breakup, you're not going to

696
00:37:20,840 --> 00:37:23,520
Speaker 15: get what we call price competition, and you're not going

697
00:37:23,560 --> 00:37:29,080
Speaker 15: to see Nutritian competition or sustainability competition. And it's it's

698
00:37:29,960 --> 00:37:34,560
Speaker 15: the devil is absolutely in the detail. And anybody's experienced

699
00:37:34,600 --> 00:37:39,240
Speaker 15: in breaking up cartels knows that it's it's problematic and dangerous, really.

700
00:37:39,080 --> 00:37:41,160
Speaker 3: Capital and it is a very big ask, indeed, But

701
00:37:41,160 --> 00:37:43,320
Speaker 3: I thank you for your thoughts. That's monopoly. Watched research

702
00:37:43,360 --> 00:37:45,879
Speaker 3: director Texas Edwards on News Talks again. B it's twelve

703
00:37:45,880 --> 00:37:46,840
Speaker 3: minutes have to five.

704
00:37:48,280 --> 00:37:48,520
Speaker 13: Again.

705
00:37:48,560 --> 00:37:51,319
Speaker 3: The big world news is the possibility a piece in

706
00:37:51,360 --> 00:37:54,560
Speaker 3: the Ukraine. US President Donald Trump says he intends to

707
00:37:54,600 --> 00:37:57,040
Speaker 3: negotiate an end to the war in Ukraine, talking to

708
00:37:57,120 --> 00:38:01,040
Speaker 3: Vladimir Putin, possibly in Saudi Arabia's sounds like any peace deal,

709
00:38:01,080 --> 00:38:03,920
Speaker 3: he hammers out, won't be very favorable to Ukraine. He's

710
00:38:03,920 --> 00:38:07,880
Speaker 3: talking about landswaps. US Defense Secretary Pete Higgsseth says a

711
00:38:07,920 --> 00:38:12,200
Speaker 3: return to twenty fourteen but borders unlikely. And you know what,

712
00:38:12,239 --> 00:38:13,440
Speaker 3: President Trump agrees.

713
00:38:13,239 --> 00:38:16,520
Speaker 9: They took a lot of land, and they fought for

714
00:38:16,600 --> 00:38:19,560
Speaker 9: that land and they lost a lot of they lost

715
00:38:19,600 --> 00:38:21,440
Speaker 9: a lot of soldiers. But it would just seemed to me.

716
00:38:21,480 --> 00:38:24,160
Speaker 9: And I'm not making an opinion on it, but I've

717
00:38:24,200 --> 00:38:25,800
Speaker 9: read a lot on it, and a lot of people

718
00:38:25,840 --> 00:38:26,920
Speaker 9: think that that's unlikely.

719
00:38:27,160 --> 00:38:28,319
Speaker 2: Some of it will come back.

720
00:38:28,480 --> 00:38:29,759
Speaker 9: I think some of it will come back.

721
00:38:29,840 --> 00:38:33,400
Speaker 3: Yeah, So Sasa doov Buckman is a professor of international

722
00:38:33,440 --> 00:38:36,040
Speaker 3: law and security at Cambridge University, and he joins me. Now,

723
00:38:36,080 --> 00:38:39,799
Speaker 3: hell is Sasha, oh Andrew, nice talking to you. So

724
00:38:40,239 --> 00:38:42,800
Speaker 3: was this for real or is he caving into Putin?

725
00:38:43,120 --> 00:38:45,240
Speaker 3: Or is this actually what has to happen.

726
00:38:46,920 --> 00:38:50,480
Speaker 22: I think it's for real. It's what a Trump prior

727
00:38:50,520 --> 00:38:52,920
Speaker 22: to the elections or during the last months of the

728
00:38:52,960 --> 00:38:56,960
Speaker 22: election actually fraunded as the so called Trump Peace Plan.

729
00:38:57,480 --> 00:39:00,440
Speaker 22: So he was committed. He actually was boasting about it

730
00:39:00,719 --> 00:39:03,239
Speaker 22: twenty four hours and he will sort it out. He

731
00:39:03,320 --> 00:39:05,719
Speaker 22: gave a couple of reasons. But what we have to

732
00:39:05,760 --> 00:39:08,760
Speaker 22: go in old fairness, we have to say he actually

733
00:39:09,560 --> 00:39:14,439
Speaker 22: with General Kellock, he assembled a team to look into

734
00:39:14,440 --> 00:39:17,160
Speaker 22: it in more detail, and there were also discussions with

735
00:39:17,280 --> 00:39:21,040
Speaker 22: President Zelenski. So it's no surprise that this is happening now.

736
00:39:21,440 --> 00:39:24,600
Speaker 22: But the problem obviously is how was it communicated and

737
00:39:24,640 --> 00:39:29,520
Speaker 22: also what exactly did the Secretary of Defense Hexit actually

738
00:39:29,600 --> 00:39:30,640
Speaker 22: say yes.

739
00:39:30,840 --> 00:39:33,439
Speaker 3: And the problem with it is that the US has

740
00:39:33,480 --> 00:39:36,520
Speaker 3: no intention to play any role in enforcing any peace,

741
00:39:36,840 --> 00:39:40,319
Speaker 3: in enforcing any ceasefire, and the Europeans are saying, well,

742
00:39:40,400 --> 00:39:42,239
Speaker 3: we need some help here. Then you're not going to

743
00:39:42,239 --> 00:39:45,160
Speaker 3: be there. How can we enforce it? Isn't that a problem?

744
00:39:45,440 --> 00:39:47,440
Speaker 22: I think it's a major problem. The thing is it

745
00:39:47,520 --> 00:39:50,319
Speaker 22: was always left a little bit open. But if you

746
00:39:50,360 --> 00:39:54,400
Speaker 22: look at the proposals that were basically discussed around the

747
00:39:54,480 --> 00:39:59,000
Speaker 22: beginning of November, it was number one, territorial concessions, that

748
00:39:59,080 --> 00:40:02,480
Speaker 22: means freezing along the conflict lines, the line of contact

749
00:40:02,480 --> 00:40:05,520
Speaker 22: as you would say. And then for example later negotiations,

750
00:40:05,560 --> 00:40:09,280
Speaker 22: that was something where even Ukrainians and the Ukraine president

751
00:40:09,600 --> 00:40:13,080
Speaker 22: actually for the time being was you can say amicable too.

752
00:40:13,480 --> 00:40:15,640
Speaker 22: The next thing was, and that is the most important thing,

753
00:40:15,680 --> 00:40:18,960
Speaker 22: it was NATO membership. You know that Ukraine for seventeen

754
00:40:19,040 --> 00:40:22,200
Speaker 22: years has been basically on that pathway to NATO membership.

755
00:40:22,440 --> 00:40:25,120
Speaker 22: And there were discussions and that came from the Trump camp.

756
00:40:25,320 --> 00:40:28,160
Speaker 22: There might be for example, the possibility of a moratorium

757
00:40:28,160 --> 00:40:32,320
Speaker 22: to freeze, for example, any further discussions for about twenty years.

758
00:40:32,520 --> 00:40:34,879
Speaker 22: But the one thing that really strikes me here is

759
00:40:35,280 --> 00:40:37,680
Speaker 22: that back then there was a discussion that, for example,

760
00:40:37,800 --> 00:40:40,880
Speaker 22: use US troops without for example, you can say not

761
00:40:40,960 --> 00:40:44,760
Speaker 22: acting under NATO authority hence not protected under NATO Article

762
00:40:44,840 --> 00:40:48,480
Speaker 22: five would for example assist and that if I listened

763
00:40:48,480 --> 00:40:51,520
Speaker 22: to a secutive of defense hexad. He has basically made

764
00:40:51,560 --> 00:40:54,080
Speaker 22: a statement which actually rules that out. And that is

765
00:40:54,120 --> 00:40:58,400
Speaker 22: what is very boriuesome. No NATO membership and also no

766
00:40:59,160 --> 00:41:02,400
Speaker 22: basically native troops that includes US troops.

767
00:41:02,480 --> 00:41:05,959
Speaker 3: And one last question, if Russia takes more territory now

768
00:41:06,120 --> 00:41:09,120
Speaker 3: putin will paint that as a win? Could they then

769
00:41:09,239 --> 00:41:11,600
Speaker 3: use that as a springboard to have another crack in

770
00:41:11,640 --> 00:41:12,080
Speaker 3: the future.

771
00:41:13,160 --> 00:41:17,200
Speaker 22: Absolutely for me, Trump to zero that plan here can

772
00:41:17,239 --> 00:41:19,360
Speaker 22: turn into a Munich agreement.

773
00:41:19,480 --> 00:41:20,040
Speaker 2: To zero.

774
00:41:20,800 --> 00:41:25,200
Speaker 22: Trump gives actually put in open you can say, carte

775
00:41:25,239 --> 00:41:29,239
Speaker 22: blanche to sell that to his population as a win.

776
00:41:29,320 --> 00:41:31,200
Speaker 22: And that is the dangerous thing. That is the first

777
00:41:31,200 --> 00:41:32,440
Speaker 22: step in the wrong direction.

778
00:41:33,520 --> 00:41:35,239
Speaker 3: Sasha, I thank you for your time today. That is

779
00:41:35,280 --> 00:41:38,400
Speaker 3: Sasha Dove Buckman and he's talking to us from Canberra.

780
00:41:38,719 --> 00:41:42,040
Speaker 3: It is now sixteen minutes after five. So New Zealand

781
00:41:42,040 --> 00:41:44,440
Speaker 3: class action is a big one. That's up against Johnson

782
00:41:44,440 --> 00:41:46,560
Speaker 3: and Johnson, and it's about where the suiter fed and

783
00:41:46,600 --> 00:41:49,640
Speaker 3: Kodul really worked at all. If ever, this is a

784
00:41:49,640 --> 00:41:51,680
Speaker 3: big one. The lawyer who's taking it is my guest.

785
00:41:51,760 --> 00:41:54,719
Speaker 3: Next al right, the first Wonderful Wednesday game is Life

786
00:41:54,760 --> 00:41:57,239
Speaker 3: Now New World dropped yesterday. The big question is have

787
00:41:57,320 --> 00:41:59,440
Speaker 3: you played yet? So his how it works. If you're

788
00:41:59,440 --> 00:42:02,600
Speaker 3: a new club card member, there is time to play.

789
00:42:02,800 --> 00:42:05,640
Speaker 3: All you need is the New World app on your phone.

790
00:42:05,640 --> 00:42:07,839
Speaker 3: You've got until midnight next Tuesday to play the game

791
00:42:07,920 --> 00:42:10,960
Speaker 3: Wonderful Wednesday. And here's what's up for grabs. A share

792
00:42:11,040 --> 00:42:14,680
Speaker 3: of one million dollars worth of rewards, so you get

793
00:42:14,719 --> 00:42:17,800
Speaker 3: New World dollars or airpoints, real rewards and you'll be

794
00:42:17,840 --> 00:42:20,920
Speaker 3: a real winner. In fact, six two hundred people have

795
00:42:21,080 --> 00:42:23,759
Speaker 3: already won prizes, so you could be next. But only

796
00:42:23,760 --> 00:42:25,480
Speaker 3: if you have the app, and only if you play.

797
00:42:25,760 --> 00:42:27,480
Speaker 3: So think about it. How often do you get a

798
00:42:27,480 --> 00:42:29,960
Speaker 3: shot at a million dollar prize pool of rewards, So

799
00:42:30,080 --> 00:42:32,120
Speaker 3: don't miss out. Head to your app store, search for

800
00:42:32,160 --> 00:42:34,840
Speaker 3: a New World, download the app, get in the game,

801
00:42:35,000 --> 00:42:39,239
Speaker 3: the game is called Wonderful Wednesday one million dollars, one

802
00:42:39,320 --> 00:42:41,800
Speaker 3: chance to spin and win each week.

803
00:42:42,520 --> 00:42:45,080
Speaker 2: Andrew Dickens erbs.

804
00:42:44,920 --> 00:42:47,640
Speaker 3: Five point twenty one on supermarkets. Craig records the warehouse

805
00:42:47,680 --> 00:42:50,640
Speaker 3: system to service the supermarkets will cost a billion to

806
00:42:50,680 --> 00:42:53,240
Speaker 3: set up. That's fair and you heard tech say they'd

807
00:42:53,280 --> 00:42:56,200
Speaker 3: have to have one hundred and forty shops. That's a lot. Now.

808
00:42:56,200 --> 00:42:58,319
Speaker 3: One of the largest farmer companies in the world is

809
00:42:58,360 --> 00:43:00,959
Speaker 3: being taken to court in New Zealand. A class action

810
00:43:01,080 --> 00:43:04,960
Speaker 3: filed today says Johnson and Johnson have deceived kiw Wei

811
00:43:05,000 --> 00:43:08,560
Speaker 3: customers for years by selling them cold and flu medication

812
00:43:08,840 --> 00:43:13,880
Speaker 3: that just doesn't work. In question is the ingredient fenef

813
00:43:14,320 --> 00:43:20,040
Speaker 3: or here we go, fenolefrine, fenolefrine that is in the

814
00:43:20,080 --> 00:43:21,719
Speaker 3: coodreal and in the pseudafed.

815
00:43:22,560 --> 00:43:23,160
Speaker 11: J G A.

816
00:43:23,360 --> 00:43:27,480
Speaker 3: Sadler Director Rebecca Jankoska is the lawyer behind the class action,

817
00:43:27,560 --> 00:43:32,200
Speaker 3: and she joins me, now, hello, Rebecca, Hello, So do

818
00:43:32,280 --> 00:43:34,000
Speaker 3: they work? Don't they work? They don't work? You reckon,

819
00:43:34,040 --> 00:43:34,840
Speaker 3: they don't work.

820
00:43:36,239 --> 00:43:36,560
Speaker 2: Well.

821
00:43:36,600 --> 00:43:41,520
Speaker 23: Our class action that we've filed today alleges that the

822
00:43:41,680 --> 00:43:45,960
Speaker 23: quadrial pseudofed and benadryl range of cold and flu. Products

823
00:43:45,960 --> 00:43:50,680
Speaker 23: that contain fenlefrin are ineffective at treating congestion and other

824
00:43:50,760 --> 00:43:55,759
Speaker 23: symptoms of colds and flu. Now, these are symptoms that

825
00:43:55,800 --> 00:44:01,920
Speaker 23: these products were marketed to treat. Now, the the evidence

826
00:44:02,000 --> 00:44:05,880
Speaker 23: in respect of the efficacy of fenlefrin is pretty overwhelming.

827
00:44:07,880 --> 00:44:11,640
Speaker 23: The studies concerning fenlefren when taken orally, date back to

828
00:44:11,680 --> 00:44:15,600
Speaker 23: the sixties and seventies, and they show that fenlefrin is

829
00:44:15,719 --> 00:44:19,560
Speaker 23: no more effective than a placebo at treating these symptoms.

830
00:44:19,600 --> 00:44:23,840
Speaker 23: So our class action aims to recover the amount spent

831
00:44:23,880 --> 00:44:26,720
Speaker 23: by Kiwis on these products for the last twenty years.

832
00:44:26,960 --> 00:44:31,399
Speaker 3: Has any other jurisdiction had seen such a claim, such

833
00:44:31,440 --> 00:44:33,920
Speaker 3: an action. If you're saying that the evidence, the scientific

834
00:44:34,000 --> 00:44:36,800
Speaker 3: evidence that has an effective goes back so far, surely

835
00:44:36,840 --> 00:44:39,200
Speaker 3: another country has done it well.

836
00:44:39,239 --> 00:44:43,160
Speaker 23: We filed our firm filed a claim in Australia in December,

837
00:44:44,200 --> 00:44:46,880
Speaker 23: so we have a class action on foot there. A

838
00:44:46,960 --> 00:44:50,600
Speaker 23: Canadian firm filed a class action about twelve months ago

839
00:44:50,960 --> 00:44:54,160
Speaker 23: in Canada and so that claim is proceeding through the

840
00:44:54,239 --> 00:44:58,320
Speaker 23: usual steps. And there's also quite a number of claims

841
00:44:58,320 --> 00:45:00,880
Speaker 23: on foot in America in respect of these products. So

842
00:45:01,400 --> 00:45:04,160
Speaker 23: I think we're going to see further litigation in other countries.

843
00:45:04,200 --> 00:45:07,480
Speaker 23: But as it stands, there's already a few countries where

844
00:45:07,880 --> 00:45:08,399
Speaker 23: cases are.

845
00:45:08,400 --> 00:45:10,640
Speaker 3: Underway, but you don't have any precedent yet.

846
00:45:11,640 --> 00:45:14,120
Speaker 23: No no cases have yet been determined. Everything is still

847
00:45:14,160 --> 00:45:18,239
Speaker 23: in its infancy. And that's because you know, this wave

848
00:45:18,280 --> 00:45:23,319
Speaker 23: of litigation has has been sparked by the Food and

849
00:45:23,360 --> 00:45:26,799
Speaker 23: Drug Administration's review. Now they're the regulatory body in the

850
00:45:26,880 --> 00:45:30,880
Speaker 23: United States, and in about September of twenty twenty three,

851
00:45:31,239 --> 00:45:33,600
Speaker 23: the FDA announced the results of a review that they

852
00:45:33,640 --> 00:45:37,360
Speaker 23: had carried out into the efficacy of fenlefrin when taken orally,

853
00:45:37,840 --> 00:45:41,680
Speaker 23: and that review showed that fen lefren simply wasn't effective

854
00:45:41,880 --> 00:45:46,480
Speaker 23: in the tablet or the liquid form. So as a

855
00:45:46,480 --> 00:45:49,680
Speaker 23: result of that review, we started investigating and have brought

856
00:45:49,719 --> 00:45:51,520
Speaker 23: the two class actions that we have.

857
00:45:51,800 --> 00:45:53,920
Speaker 3: Finally, if anyone wants to join your class action, how

858
00:45:53,960 --> 00:45:54,920
Speaker 3: can they get in touch with it?

859
00:45:56,840 --> 00:45:59,360
Speaker 23: We encourage every New Zealander who's bought one of these products,

860
00:45:59,360 --> 00:46:01,760
Speaker 23: whether it's one packet or one hundred packets, to register.

861
00:46:02,400 --> 00:46:04,560
Speaker 23: Visit our website that we've set up for this case,

862
00:46:04,560 --> 00:46:08,759
Speaker 23: which is Coldenfluclassaction Dot co dot nzed. There's no need

863
00:46:08,800 --> 00:46:11,160
Speaker 23: to have receipts or proof of purchase. We simply ask

864
00:46:11,200 --> 00:46:14,320
Speaker 23: you to tell us on the form how many packets

865
00:46:14,320 --> 00:46:17,360
Speaker 23: you think you've bought over what period and you'll be registered.

866
00:46:17,840 --> 00:46:21,400
Speaker 3: Rebecca jankowskis from j GA Saandler. I thank you so

867
00:46:21,480 --> 00:46:23,399
Speaker 3: much for your time today. It is now twenty three

868
00:46:23,400 --> 00:46:24,200
Speaker 3: minutes after five.

869
00:46:26,920 --> 00:46:28,760
Speaker 2: Checking the point of the story.

870
00:46:28,920 --> 00:46:32,680
Speaker 1: It's Andrew Dickens on hither duplicy Alan drive with one

871
00:46:32,840 --> 00:46:35,440
Speaker 1: New Zealand let's get connected and new stalks.

872
00:46:35,440 --> 00:46:39,880
Speaker 3: They'd be can I get that website address off you,

873
00:46:40,360 --> 00:46:43,720
Speaker 3: producer because I didn't write it down and everyone's texting

874
00:46:43,760 --> 00:46:46,880
Speaker 3: saying what is that website? We'll do that for you shortly.

875
00:46:47,320 --> 00:46:49,120
Speaker 3: At a big talkback, topic of the day was the

876
00:46:49,160 --> 00:46:51,600
Speaker 3: soaring price of car insurance and how can we afford

877
00:46:51,640 --> 00:46:54,319
Speaker 3: it going forward. Everyone had a chat about this over

878
00:46:54,320 --> 00:46:56,640
Speaker 3: the course of the day. Kerry had some good stuff. Inevitably,

879
00:46:57,200 --> 00:47:00,640
Speaker 3: the conversation turned to just having third party insurance to

880
00:47:00,719 --> 00:47:03,520
Speaker 3: protect yourself when you run into a Porsche and it's cheaper,

881
00:47:04,120 --> 00:47:06,560
Speaker 3: and following on from that we had the conversation about

882
00:47:06,560 --> 00:47:09,480
Speaker 3: should third party insurance be compulsory? Which is a perennial

883
00:47:09,560 --> 00:47:11,360
Speaker 3: talk back topic ever since I started here on this

884
00:47:11,440 --> 00:47:13,759
Speaker 3: radio station twelve years ago, and I have quite a

885
00:47:13,760 --> 00:47:16,440
Speaker 3: strong opinion about it. I believe it should be compulsory

886
00:47:16,680 --> 00:47:20,640
Speaker 3: to give security to all your fellow road users. It's

887
00:47:20,680 --> 00:47:24,120
Speaker 3: only fair. If a non insured person dings you, it

888
00:47:24,200 --> 00:47:26,720
Speaker 3: is almost impossible to get money out of them, because

889
00:47:26,760 --> 00:47:28,960
Speaker 3: that's the reason they don't have insurance in the first place.

890
00:47:29,239 --> 00:47:31,880
Speaker 3: So what happens. You suck it up, you pay your excess,

891
00:47:31,880 --> 00:47:34,319
Speaker 3: you get it fixed, and then your premiums go up

892
00:47:34,520 --> 00:47:37,759
Speaker 3: further increasingly un affordability, or because the guy ran into

893
00:47:37,800 --> 00:47:41,520
Speaker 3: you doesn't want to pay. The problem is often just poverty.

894
00:47:41,560 --> 00:47:43,680
Speaker 3: I get that the problem is the criminal element who

895
00:47:43,680 --> 00:47:46,800
Speaker 3: don't care. I think that's the guy run into my producer.

896
00:47:47,200 --> 00:47:49,160
Speaker 3: The problem is young who think they can get away

897
00:47:49,160 --> 00:47:51,480
Speaker 3: with it and have no money. It always blows up

898
00:47:51,480 --> 00:47:54,160
Speaker 3: in your face. Our other problem is our attitude that

899
00:47:54,200 --> 00:47:57,160
Speaker 3: cars are a right and not a privilege. Same problem

900
00:47:57,200 --> 00:47:59,680
Speaker 3: we have with dogs. The dogs who end out unregistered

901
00:48:00,040 --> 00:48:01,960
Speaker 3: and in the hands of bad owners who don't care

902
00:48:02,000 --> 00:48:05,279
Speaker 3: about their welfare because they can't even be bothered registering them.

903
00:48:05,719 --> 00:48:07,720
Speaker 3: If you want a car, you need to be able

904
00:48:07,760 --> 00:48:10,320
Speaker 3: to afford it. So to afford a car, you must

905
00:48:10,320 --> 00:48:12,640
Speaker 3: be able to maintain it. It must have a warrant

906
00:48:12,640 --> 00:48:16,080
Speaker 3: of fitness, it must be registered. So why not have

907
00:48:16,200 --> 00:48:19,839
Speaker 3: third party insurance as a compulsory part of gaining the

908
00:48:19,920 --> 00:48:23,080
Speaker 3: privilege of a car. And you know, if you cannot

909
00:48:23,120 --> 00:48:26,040
Speaker 3: afford all of that to run a car, that is

910
00:48:26,120 --> 00:48:28,920
Speaker 3: why we have spend a fortune making a public transport

911
00:48:28,960 --> 00:48:34,719
Speaker 3: network and building foot paths everywhere. Andrew Dickens, all right,

912
00:48:37,640 --> 00:48:41,000
Speaker 3: the website is cold and flu classaction dot co dot

913
00:48:41,120 --> 00:48:43,640
Speaker 3: edz not the most sexy website. It's fair to say

914
00:48:44,000 --> 00:48:46,800
Speaker 3: cold and flu class action all in one word. No

915
00:48:47,320 --> 00:48:51,120
Speaker 3: punctuation because punctuations are dying art on the internet. Class

916
00:48:51,120 --> 00:48:55,000
Speaker 3: and flu action dot co dot edz. You know, the

917
00:48:55,080 --> 00:48:58,040
Speaker 3: huddle today is going to be great. David Farrer and

918
00:48:58,120 --> 00:49:02,719
Speaker 3: Mike Munro. Should the government encourage a third supermarket operator?

919
00:49:03,080 --> 00:49:06,640
Speaker 3: Third party insurance? Should it be compulsory? Taka Tai Perris

920
00:49:06,640 --> 00:49:10,719
Speaker 3: who apologized to Malvi, was that sincere? And what are

921
00:49:10,719 --> 00:49:12,840
Speaker 3: you reckon about the peace talks between Russia and Ukraine?

922
00:49:12,880 --> 00:49:14,839
Speaker 3: I can't wait, It's coming up shortly. This is news

923
00:49:14,840 --> 00:49:15,439
Speaker 3: talks MB.

924
00:49:30,239 --> 00:49:32,840
Speaker 2: Moving the big stories of the day forward.

925
00:49:33,440 --> 00:49:36,640
Speaker 1: It's Andrew Dickens on Hither Duper see Alan Dry with

926
00:49:36,880 --> 00:50:00,280
Speaker 1: one New Zealand Let's get connected News talks it by.

927
00:49:50,400 --> 00:49:52,120
Speaker 3: Good afternoon to you. Welcome back to the program, My

928
00:49:52,200 --> 00:49:56,520
Speaker 3: Marew Dickens Filligan for Prime Bridge, who's back on Monday. Look,

929
00:49:56,560 --> 00:49:59,160
Speaker 3: then I mentioned public transport and now I'm getting public

930
00:49:59,160 --> 00:50:03,440
Speaker 3: transport texts. A writer says the government has banned bikes

931
00:50:03,480 --> 00:50:05,879
Speaker 3: on buses. How did the working poor actually get to work?

932
00:50:06,680 --> 00:50:09,280
Speaker 3: Someone else just laughed about the fact that the public transport.

933
00:50:09,360 --> 00:50:11,520
Speaker 3: Yeah right, you can do that if you can't affort

934
00:50:11,520 --> 00:50:14,399
Speaker 3: a car. Well, on the subject of public transport, can

935
00:50:14,480 --> 00:50:18,880
Speaker 3: I say that the City Railing Train tunnel was used

936
00:50:19,040 --> 00:50:22,040
Speaker 3: last night for the first time ever by a train.

937
00:50:22,840 --> 00:50:25,000
Speaker 3: People have walked through it, people have looked at it,

938
00:50:25,360 --> 00:50:29,319
Speaker 3: people have done echoes in it. Hello Hello. But this

939
00:50:29,400 --> 00:50:31,799
Speaker 3: time a train actually did it, and it did it

940
00:50:32,000 --> 00:50:37,680
Speaker 3: extraordinarily slowly. But as I believe, everything worked tickety boo.

941
00:50:38,080 --> 00:50:39,440
Speaker 3: So we're going to talk to the guy who's in

942
00:50:39,520 --> 00:50:42,000
Speaker 3: charge of the CRL just after the six o'clock news

943
00:50:42,120 --> 00:50:44,440
Speaker 3: to find out what happened the first time a train

944
00:50:44,920 --> 00:50:47,480
Speaker 3: went through those bloody tunnels that have been built for

945
00:50:47,560 --> 00:50:50,200
Speaker 3: so long, I can't wait. It is twenty two to

946
00:50:50,239 --> 00:50:58,800
Speaker 3: six hall Thomas. Meta says it wants to bring anti

947
00:50:58,800 --> 00:51:01,680
Speaker 3: scam measures to New Zealand, but it might be a

948
00:51:01,680 --> 00:51:04,120
Speaker 3: while until they're actually in place. In Australia, social media

949
00:51:04,160 --> 00:51:07,160
Speaker 3: companies have had to take reasonable steps to detect and

950
00:51:07,160 --> 00:51:11,120
Speaker 3: prevent scam attempts, and our government is now considering introducing

951
00:51:11,160 --> 00:51:13,680
Speaker 3: similar rules. So to talk about this, I'm joined by

952
00:51:13,680 --> 00:51:18,799
Speaker 3: a chief online safety officer at knit Safe, Sewan Lyons. Hello, Sean, Hello,

953
00:51:18,840 --> 00:51:20,440
Speaker 3: how are you doing all right? What do they think

954
00:51:20,480 --> 00:51:20,879
Speaker 3: you're doing?

955
00:51:22,080 --> 00:51:25,680
Speaker 19: So they're talking about and mirroring the same sort of

956
00:51:25,680 --> 00:51:29,400
Speaker 19: controls that they have over in Australia over here. They

957
00:51:29,400 --> 00:51:31,920
Speaker 19: originally said that wasn't wasn't possible, and I think they're

958
00:51:31,960 --> 00:51:34,080
Speaker 19: still saying it might be some time. But they're talking

959
00:51:34,080 --> 00:51:39,360
Speaker 19: about instituting some defense around ads that that claimed to

960
00:51:39,360 --> 00:51:42,000
Speaker 19: be you know, get rich of quick fem of finance

961
00:51:42,040 --> 00:51:45,160
Speaker 19: based ad, making sure that those anyone who advertised in

962
00:51:45,200 --> 00:51:48,160
Speaker 19: that way is registered with our FMA over here, but

963
00:51:48,280 --> 00:51:50,840
Speaker 19: basically clamping down on the advert that some of us

964
00:51:50,840 --> 00:51:52,960
Speaker 19: are seeing on social media. They are leading us down

965
00:51:53,160 --> 00:51:54,359
Speaker 19: a very unfortunate path.

966
00:51:54,560 --> 00:51:56,040
Speaker 3: Yeah, I saw one the other day. It was Mike

967
00:51:56,080 --> 00:51:58,080
Speaker 3: Hosking telling me to invest money and I thought, no,

968
00:51:58,160 --> 00:52:00,520
Speaker 3: he's neven goett to give away those sorts of secrets.

969
00:52:01,160 --> 00:52:04,080
Speaker 3: Tech giants and banks are at loggerheads over who should

970
00:52:04,080 --> 00:52:07,920
Speaker 3: be responsible for online scams. Does this show that Meta

971
00:52:08,080 --> 00:52:10,680
Speaker 3: actually thinks they do have a responsibility to stop them?

972
00:52:11,719 --> 00:52:13,279
Speaker 19: Well, I mean I think what it is that is

973
00:52:13,320 --> 00:52:15,960
Speaker 19: a pretty star commission that they think they can have

974
00:52:16,040 --> 00:52:17,960
Speaker 19: an impact, and that that means that they must be

975
00:52:17,960 --> 00:52:20,399
Speaker 19: looking at these things. So it is encouraging that they

976
00:52:20,400 --> 00:52:22,719
Speaker 19: are looking in that direction. It is encouraging that they're

977
00:52:22,719 --> 00:52:24,480
Speaker 19: talking about trying to clamp down on those, you know,

978
00:52:24,520 --> 00:52:28,160
Speaker 19: the celebrity based scam adverts that people are seeing. So

979
00:52:29,040 --> 00:52:31,320
Speaker 19: whether or not they think they're the entire solution and

980
00:52:31,680 --> 00:52:34,000
Speaker 19: that they're probably not, but if it's on their platforms,

981
00:52:34,040 --> 00:52:36,319
Speaker 19: we should definitely be pushing them to do more so

982
00:52:36,360 --> 00:52:38,359
Speaker 19: that we are not putting harms way whilst we're using

983
00:52:38,360 --> 00:52:40,960
Speaker 19: their platform for whatever it is that we might choose

984
00:52:40,960 --> 00:52:41,319
Speaker 19: to be doing.

985
00:52:41,480 --> 00:52:41,560
Speaker 2: So.

986
00:52:41,680 --> 00:52:45,480
Speaker 3: Australia got these pretections because they actually applied pressure with

987
00:52:45,640 --> 00:52:48,799
Speaker 3: a code of conduct. Do we need to apply some

988
00:52:48,800 --> 00:52:51,400
Speaker 3: regulatory pressure as well well.

989
00:52:51,440 --> 00:52:54,120
Speaker 19: I mean, I think a code of conduct certainly seems

990
00:52:54,160 --> 00:52:56,000
Speaker 19: to be working in as been the kind of the

991
00:52:56,040 --> 00:52:58,440
Speaker 19: basis that ties all this together over there, and I

992
00:52:58,480 --> 00:53:01,080
Speaker 19: think we are talking in this country. Mister Bailey has

993
00:53:01,120 --> 00:53:04,600
Speaker 19: just talked recently about the code of conduct here. I

994
00:53:04,680 --> 00:53:07,080
Speaker 19: think it can work. I think the important thing for

995
00:53:07,200 --> 00:53:09,799
Speaker 19: us is that if there is a code, these things

996
00:53:09,840 --> 00:53:12,680
Speaker 19: need to be focused on the platform providers and the

997
00:53:12,680 --> 00:53:14,359
Speaker 19: banks and the telcos and all the people that play

998
00:53:14,400 --> 00:53:15,960
Speaker 19: a role in it. But it has to have the

999
00:53:15,960 --> 00:53:18,279
Speaker 19: people that are the victims of these scams at the

1000
00:53:18,320 --> 00:53:21,080
Speaker 19: heart of it. So as long as it helps clear

1001
00:53:21,160 --> 00:53:23,480
Speaker 19: up that confusion, as long as it means that when

1002
00:53:23,520 --> 00:53:25,799
Speaker 19: we are scanned, if we are scanned, we know how

1003
00:53:25,840 --> 00:53:28,160
Speaker 19: to take action, and we have some surety that action

1004
00:53:28,320 --> 00:53:30,680
Speaker 19: can be taken, then I think it could well have

1005
00:53:31,120 --> 00:53:32,719
Speaker 19: some benefit in this country too.

1006
00:53:32,880 --> 00:53:36,160
Speaker 3: Finally, why are we behind Australia.

1007
00:53:35,480 --> 00:53:39,200
Speaker 19: Again on well in this respect that that's a question

1008
00:53:39,239 --> 00:53:41,000
Speaker 19: that has to go to meta. That's about the way

1009
00:53:41,000 --> 00:53:43,799
Speaker 19: that they roll things out to different markets. Maybe that's

1010
00:53:43,840 --> 00:53:46,279
Speaker 19: because they have different legislation over there. There are things

1011
00:53:46,320 --> 00:53:50,240
Speaker 19: where where we get to be first and sometimes Unfortunately

1012
00:53:50,239 --> 00:53:52,920
Speaker 19: in this situation we're not, but at least for on

1013
00:53:52,920 --> 00:53:55,280
Speaker 19: that radar, at least or on that path, and hopefully

1014
00:53:55,400 --> 00:53:57,719
Speaker 19: before too very long we'll have the same protections here

1015
00:53:57,719 --> 00:53:58,879
Speaker 19: from New Zealand sidents.

1016
00:53:58,640 --> 00:54:00,600
Speaker 3: Sean, thank you so much. A good time lines as

1017
00:54:00,600 --> 00:54:04,440
Speaker 3: the chief online safety officer at net safe. It's nineteen

1018
00:54:04,480 --> 00:54:05,680
Speaker 3: to six. This is going to be fun.

1019
00:54:06,160 --> 00:54:10,120
Speaker 1: The huddle with New Zealand Southerby's international realty, local and

1020
00:54:10,200 --> 00:54:12,120
Speaker 1: global exposure like no other.

1021
00:54:12,719 --> 00:54:16,320
Speaker 3: David farre Kieving bog And Courier Polster and Mike Munroe,

1022
00:54:16,400 --> 00:54:19,360
Speaker 3: former chief of staff and Sinda are on my huddle today.

1023
00:54:19,480 --> 00:54:23,680
Speaker 3: Hello gentlemen, Oh good Andrew, how are you? I'm very well.

1024
00:54:23,719 --> 00:54:26,279
Speaker 3: Now let's start with the supermarkets. How far should the

1025
00:54:26,320 --> 00:54:30,120
Speaker 3: government go to encourage the third supermarket operator in New Zealand.

1026
00:54:30,440 --> 00:54:34,839
Speaker 3: They brought out doing a Kiwi shop, thank god. Who

1027
00:54:34,880 --> 00:54:36,080
Speaker 3: would like to start? There's Mike.

1028
00:54:37,960 --> 00:54:39,799
Speaker 10: Well, look, we've had an awful lot of jaw boning

1029
00:54:39,840 --> 00:54:43,360
Speaker 10: about this, Andrew for a long time now, and we

1030
00:54:43,440 --> 00:54:47,120
Speaker 10: don't seem to be any closer to resolving the issue

1031
00:54:47,200 --> 00:54:52,359
Speaker 10: of outrageous prices at the checkout. Nikola Willis today talked

1032
00:54:52,360 --> 00:54:57,400
Speaker 10: about giving VIP treatment to a new entrant. Well, she

1033
00:54:57,760 --> 00:55:00,200
Speaker 10: had better sort live up to those words, because when

1034
00:55:00,200 --> 00:55:03,400
Speaker 10: you talk about VIP treatment, you're talking about preferential treatment

1035
00:55:03,840 --> 00:55:07,839
Speaker 10: or special treatment. So rather than just open the door

1036
00:55:07,880 --> 00:55:09,919
Speaker 10: as she said today, she's asked, you've got to put

1037
00:55:09,920 --> 00:55:12,760
Speaker 10: some plan on the table. Otherwise it's just more brave

1038
00:55:12,880 --> 00:55:14,760
Speaker 10: talk and more more vague promises.

1039
00:55:15,120 --> 00:55:18,400
Speaker 3: Well, here's the thing, David Farrer. If another player came in,

1040
00:55:18,480 --> 00:55:21,040
Speaker 3: it's an enormous investment, a billion dollars just to make

1041
00:55:21,040 --> 00:55:23,600
Speaker 3: a supply chain. And we had Tex Edwards on before

1042
00:55:23,640 --> 00:55:27,480
Speaker 3: from Monopoly and he said monopoly watched today say and

1043
00:55:27,520 --> 00:55:29,320
Speaker 3: he said they'd have to open at least one hundred

1044
00:55:29,320 --> 00:55:32,160
Speaker 3: and forty stores to be competitive. So you know it's

1045
00:55:32,200 --> 00:55:34,239
Speaker 3: a big ask. Yeah.

1046
00:55:34,280 --> 00:55:37,840
Speaker 24: Look, there's a useful rule that was come up in

1047
00:55:38,000 --> 00:55:40,520
Speaker 24: nineteen seventy six called the rule of three or four

1048
00:55:41,360 --> 00:55:45,440
Speaker 24: market to work, you need at least three competitors, and

1049
00:55:45,960 --> 00:55:48,719
Speaker 24: the smallest has to be at least a quarter of

1050
00:55:48,760 --> 00:55:51,920
Speaker 24: the size of the biggest. So a new competer needs

1051
00:55:51,960 --> 00:55:54,640
Speaker 24: to be at least ten or fifteen percent of the market,

1052
00:55:55,120 --> 00:55:57,359
Speaker 24: but will make a huge difference. We don't have good

1053
00:55:57,400 --> 00:56:01,760
Speaker 24: competition a huge supermarket chain will make a massive difference.

1054
00:56:01,800 --> 00:56:05,359
Speaker 24: And what Nicholas said is rather than the government say

1055
00:56:05,560 --> 00:56:09,479
Speaker 24: we think this is what will improve competition, she's saying

1056
00:56:09,480 --> 00:56:11,680
Speaker 24: there's a limit number of companies who could do this.

1057
00:56:12,440 --> 00:56:14,600
Speaker 24: Come tell me what it would take for you to

1058
00:56:14,719 --> 00:56:17,640
Speaker 24: invest here, and I'll see if I can make it happen.

1059
00:56:17,719 --> 00:56:21,719
Speaker 24: So I think that's fine because any company that's interested

1060
00:56:21,840 --> 00:56:23,680
Speaker 24: can come and say this is what we want. It

1061
00:56:23,719 --> 00:56:26,680
Speaker 24: won't be stuff just for that company. It will be

1062
00:56:27,320 --> 00:56:30,239
Speaker 24: stuff that then any company that wants to come here can.

1063
00:56:30,400 --> 00:56:32,919
Speaker 24: But look when not you have a problem that we're

1064
00:56:33,080 --> 00:56:36,479
Speaker 24: shutting out a fourth or competitor. If we can even

1065
00:56:36,520 --> 00:56:38,680
Speaker 24: go through, I think that would be amazing.

1066
00:56:38,760 --> 00:56:40,600
Speaker 3: You know you talk about an incentive there, how about

1067
00:56:40,600 --> 00:56:43,279
Speaker 3: a corporate taxt pack break or maybe you know some

1068
00:56:43,320 --> 00:56:46,520
Speaker 3: tax incentives And I know that topics not being discussed

1069
00:56:46,520 --> 00:56:48,480
Speaker 3: at all that the New Zealand Economic Forum, which is

1070
00:56:48,520 --> 00:56:49,239
Speaker 3: underway right now.

1071
00:56:49,320 --> 00:56:53,480
Speaker 24: David, No, No, whyce you start doing different tax rates

1072
00:56:53,480 --> 00:56:57,399
Speaker 24: for favored companies as like giving DST exemptionines You're going

1073
00:56:57,440 --> 00:57:02,160
Speaker 24: to end up a nice well regulate tree changes. Yes,

1074
00:57:02,440 --> 00:57:04,960
Speaker 24: different text rates nor talkey.

1075
00:57:04,560 --> 00:57:06,080
Speaker 3: All right, I got to go. But how about a

1076
00:57:06,080 --> 00:57:09,480
Speaker 3: favorite tax break for everybody. But anywhere here we go, Well,

1077
00:57:09,480 --> 00:57:12,440
Speaker 3: we've got the big ones coming up, third party compulsory insurance,

1078
00:57:12,600 --> 00:57:17,720
Speaker 3: in car, in car insurance Tagatay Ferris's apology, and the

1079
00:57:17,720 --> 00:57:20,360
Speaker 3: peace talks between Russia and Ukraine. On the Huddle, it's

1080
00:57:20,400 --> 00:57:21,160
Speaker 3: sixteen to six.

1081
00:57:21,920 --> 00:57:25,680
Speaker 1: The Huddles with New Zealand Sotheby's International Realty elevate the

1082
00:57:25,720 --> 00:57:26,680
Speaker 1: marketing of your.

1083
00:57:26,560 --> 00:57:31,040
Speaker 3: Home data far Mike Munro it is now thirteen to six. Okay,

1084
00:57:31,400 --> 00:57:33,360
Speaker 3: car insurance is going through the roof because cars are

1085
00:57:33,400 --> 00:57:35,880
Speaker 3: more complex. But then we ended up talking about third

1086
00:57:35,880 --> 00:57:39,040
Speaker 3: party insurance and whether it should be compulsory. What do

1087
00:57:39,040 --> 00:57:39,680
Speaker 3: you think make.

1088
00:57:42,080 --> 00:57:47,479
Speaker 10: Yeah, well, it's not clear really how effective compulsory third

1089
00:57:47,480 --> 00:57:50,280
Speaker 10: party insurance would be, and this conversation has been sort

1090
00:57:50,280 --> 00:57:51,680
Speaker 10: of going around the un circles.

1091
00:57:51,320 --> 00:57:51,800
Speaker 19: For some time.

1092
00:57:53,040 --> 00:57:58,640
Speaker 10: Insurance companies, organizations like insurance companies and the AA in particular,

1093
00:57:59,480 --> 00:58:02,440
Speaker 10: have you know, always had concerns about third party insurance

1094
00:58:02,440 --> 00:58:06,280
Speaker 10: for a number of reasons, the number one being that

1095
00:58:06,840 --> 00:58:09,720
Speaker 10: it's not clear how skin would actually operate or how

1096
00:58:09,760 --> 00:58:10,360
Speaker 10: it would.

1097
00:58:10,120 --> 00:58:12,240
Speaker 6: Actually be effectively enforced.

1098
00:58:13,560 --> 00:58:16,080
Speaker 10: It's you know, as possible that insurance companies will spread

1099
00:58:16,080 --> 00:58:19,160
Speaker 10: the increased cost of providing cove to to the sort

1100
00:58:19,160 --> 00:58:21,840
Speaker 10: of at risk or hor risk individuals across all policy holders.

1101
00:58:22,240 --> 00:58:23,240
Speaker 6: So so so of.

1102
00:58:23,160 --> 00:58:25,919
Speaker 10: You know, people like you and I end up paying

1103
00:58:25,960 --> 00:58:29,000
Speaker 10: a lot more on our on our car insurance. And

1104
00:58:29,280 --> 00:58:32,680
Speaker 10: it's also you know, just talk about changing driver behavior,

1105
00:58:33,000 --> 00:58:36,760
Speaker 10: it's not clear whether a compulsory scheme will change driver behavior.

1106
00:58:37,000 --> 00:58:39,640
Speaker 3: Would remind me, remind people that the car is a

1107
00:58:39,680 --> 00:58:43,280
Speaker 3: privilege and not necessarily a right, David. In Singapore you

1108
00:58:43,320 --> 00:58:45,520
Speaker 3: cannot drive a car off the lot until you provide

1109
00:58:45,520 --> 00:58:48,120
Speaker 3: insurance documentation. We like to be like Singapore.

1110
00:58:49,440 --> 00:58:52,360
Speaker 24: Well no, actually Singapore does many good things, but they're

1111
00:58:52,360 --> 00:58:55,480
Speaker 24: not really known for their love of simil liberties or freedom.

1112
00:58:55,920 --> 00:58:59,400
Speaker 24: And without making it sound like a dramatic case, I

1113
00:58:59,440 --> 00:59:01,760
Speaker 24: don't think that there is a case for compulsion here. Look,

1114
00:59:01,800 --> 00:59:05,600
Speaker 24: we've had homeowners who haven't ensured their homes and lost

1115
00:59:05,640 --> 00:59:07,640
Speaker 24: millions of dollars in christ.

1116
00:59:07,360 --> 00:59:07,880
Speaker 2: Church, etc.

1117
00:59:08,760 --> 00:59:11,880
Speaker 24: People get to make their own decisions about insurance, and

1118
00:59:11,920 --> 00:59:15,960
Speaker 24: as Mike alluded to, you make something compulsory, it will

1119
00:59:16,000 --> 00:59:19,160
Speaker 24: go up the moment. It's a captive market and everyone

1120
00:59:19,280 --> 00:59:21,480
Speaker 24: has to do this. You're not going to end up

1121
00:59:21,520 --> 00:59:24,040
Speaker 24: with cheaper insurance, so no against.

1122
00:59:23,920 --> 00:59:27,760
Speaker 3: Okay, now Mari mp Takatai Parris had to make an apology.

1123
00:59:27,760 --> 00:59:29,800
Speaker 3: He did it later, like when nobody was there, and

1124
00:59:29,840 --> 00:59:32,720
Speaker 3: then he decided to do it completely in Maori. And

1125
00:59:32,760 --> 00:59:35,360
Speaker 3: this incensed Shane Jones.

1126
00:59:35,200 --> 00:59:40,280
Speaker 14: And unwillingness to offer an apology in English shows contempt

1127
00:59:40,640 --> 00:59:43,720
Speaker 14: for the vast majority of the New Zealand members of

1128
00:59:43,760 --> 00:59:45,880
Speaker 14: the public who play his salary.

1129
00:59:46,200 --> 00:59:49,640
Speaker 3: I sort of made him seem insincere. Mike Munroe, what

1130
00:59:49,680 --> 00:59:49,960
Speaker 3: do you.

1131
00:59:49,920 --> 00:59:52,400
Speaker 10: Think, Yeah, I think I think Shane Jones is on

1132
00:59:52,440 --> 00:59:55,520
Speaker 10: the money here. Actually, he also pointed out that you know,

1133
00:59:56,160 --> 00:59:59,280
Speaker 10: drel Mary is an official language and the member is

1134
00:59:59,320 --> 01:00:03,320
Speaker 10: fully entitled to get up and there are simultaneous translation services,

1135
01:00:03,320 --> 01:00:05,520
Speaker 10: et cetera, et cetera. But look, you know this is

1136
01:00:05,560 --> 01:00:10,080
Speaker 10: a really important issue when when a member makes an

1137
01:00:10,400 --> 01:00:14,360
Speaker 10: allegation of other members lying and it goes through the

1138
01:00:14,360 --> 01:00:18,280
Speaker 10: processes and he has to apologize to the Parliament, the

1139
01:00:18,320 --> 01:00:20,960
Speaker 10: apology really should be done in both languages. And I

1140
01:00:21,000 --> 01:00:23,600
Speaker 10: think that that Jones is right that there's a bit

1141
01:00:23,600 --> 01:00:26,360
Speaker 10: of a swagger about this and the member was showing

1142
01:00:26,400 --> 01:00:30,760
Speaker 10: a contempt you know, for Parliament and also to all

1143
01:00:30,840 --> 01:00:31,480
Speaker 10: News Islanders.

1144
01:00:31,680 --> 01:00:34,000
Speaker 3: Yeah, here's the thing. He was speaking in Parliament today

1145
01:00:34,000 --> 01:00:35,960
Speaker 3: and he spoke in Mali and then he provided an

1146
01:00:36,000 --> 01:00:38,080
Speaker 3: English translation, so he can do it what he wants to,

1147
01:00:38,200 --> 01:00:39,480
Speaker 3: but not when he's doing an apology.

1148
01:00:39,520 --> 01:00:41,600
Speaker 10: What do you think, David, Yeah, well that's the point

1149
01:00:41,640 --> 01:00:42,880
Speaker 10: I think that Jones was making.

1150
01:00:43,640 --> 01:00:47,040
Speaker 24: What do you think it should have been in both languages. Also,

1151
01:00:47,120 --> 01:00:51,440
Speaker 24: he apologized for the wrong thing, which adds to then sincerity.

1152
01:00:51,240 --> 01:00:55,760
Speaker 24: He got found and contempt for having misled parliament, not

1153
01:00:55,920 --> 01:00:59,280
Speaker 24: for having called MP's lives he denied it, called them liars,

1154
01:00:59,800 --> 01:01:03,240
Speaker 24: and he's the first MP in our history to be

1155
01:01:03,360 --> 01:01:07,080
Speaker 24: found to have mislead Parliament. And he didn't actually apologize

1156
01:01:07,080 --> 01:01:09,160
Speaker 24: for that. He just said I'm sorry if anyone was

1157
01:01:09,200 --> 01:01:11,000
Speaker 24: offended by my original remarks.

1158
01:01:11,120 --> 01:01:14,640
Speaker 6: So the whole apology is really pushing.

1159
01:01:14,280 --> 01:01:17,840
Speaker 24: The boundaries of whether it qualifies with what the privileges

1160
01:01:17,920 --> 01:01:19,040
Speaker 24: can Mayne should do.

1161
01:01:20,040 --> 01:01:22,080
Speaker 3: Yeah, I thought it was clever dickery. So there we go,

1162
01:01:22,320 --> 01:01:26,760
Speaker 3: and to the big story for the world, the possibility

1163
01:01:26,760 --> 01:01:29,480
Speaker 3: of peace between Russia and Ukraine as broken by Donald

1164
01:01:29,520 --> 01:01:32,880
Speaker 3: Trump and Vadimir Putin. What do you give these peace

1165
01:01:32,960 --> 01:01:33,280
Speaker 3: talks to?

1166
01:01:33,360 --> 01:01:37,160
Speaker 10: Chance Mike Well coming from these two individuals, i'ld say,

1167
01:01:37,440 --> 01:01:41,000
Speaker 10: very poor chance. You know, Trump's romance with Putin is

1168
01:01:41,880 --> 01:01:49,440
Speaker 10: deeply worrying. They're both vindictive, dishonest, pretty ugly individuals. I mean,

1169
01:01:49,480 --> 01:01:53,080
Speaker 10: even Winston Peter's day was damping down expectations of anything

1170
01:01:53,120 --> 01:01:55,800
Speaker 10: coming of this. It's gonna you know, this is this

1171
01:01:55,920 --> 01:01:58,080
Speaker 10: suggestion that they can somehow I get around the table

1172
01:01:58,120 --> 01:02:00,680
Speaker 10: and get this matter sorded quickly is going to cause

1173
01:02:01,720 --> 01:02:04,600
Speaker 10: you know, shutters right through Europe as now, starting with

1174
01:02:05,200 --> 01:02:09,880
Speaker 10: Kayed and the Ukraine, because you just don't know what

1175
01:02:10,400 --> 01:02:12,840
Speaker 10: Trump would be prepared to accept from Putin in terms

1176
01:02:12,880 --> 01:02:18,200
Speaker 10: of concessions. So look, yeah, as I say, because they're

1177
01:02:18,200 --> 01:02:22,240
Speaker 10: such dishonest and undesirable people that I just think we

1178
01:02:22,240 --> 01:02:24,600
Speaker 10: should we should not get our hopes up. And I

1179
01:02:24,720 --> 01:02:27,000
Speaker 10: just don't see this making any concrete progress.

1180
01:02:27,120 --> 01:02:29,280
Speaker 3: That is actually very fair, Mike, because the concessions he's

1181
01:02:29,320 --> 01:02:32,280
Speaker 3: already made is that Ukraine does not join NATO and

1182
01:02:32,320 --> 01:02:35,120
Speaker 3: that the US doesn't join in enforcing US sees fare.

1183
01:02:35,200 --> 01:02:36,720
Speaker 3: So what are you reckon about the whole thing? David?

1184
01:02:37,920 --> 01:02:40,680
Speaker 24: There will be peace this year, but it will be

1185
01:02:40,920 --> 01:02:45,160
Speaker 24: through a surrender. Trump has effectively thrown Ukraine to Russia

1186
01:02:45,440 --> 01:02:48,960
Speaker 24: because as you see, you're all out. NATO hes not

1187
01:02:49,320 --> 01:02:52,800
Speaker 24: saying there could be any return to twenty fourteen borders,

1188
01:02:53,240 --> 01:02:56,960
Speaker 24: and he's cutting off funding to Ukraine, so Pewtin doesn't

1189
01:02:57,000 --> 01:02:59,800
Speaker 24: have to concede much. He'll say lot, we'll get back

1190
01:03:00,600 --> 01:03:02,480
Speaker 24: of the land we now want cap high, which is

1191
01:03:02,520 --> 01:03:05,800
Speaker 24: still a lot more than that ed. Ukraine will have

1192
01:03:05,960 --> 01:03:08,280
Speaker 24: no choice but to go along, So there will be

1193
01:03:08,360 --> 01:03:12,840
Speaker 24: peace this year. But I will be effectively a reward

1194
01:03:12,880 --> 01:03:16,920
Speaker 24: for Puton. He gets to hold Ukraine and mark my words,

1195
01:03:17,000 --> 01:03:21,280
Speaker 24: Moldova will be next, possibly Georgia after that, because he's

1196
01:03:21,320 --> 01:03:23,400
Speaker 24: been rewarded for his invasion.

1197
01:03:24,400 --> 01:03:27,600
Speaker 3: True point, it's a reward. And even if it was peace,

1198
01:03:27,680 --> 01:03:30,600
Speaker 3: because he's already got the rewards, could he actually do

1199
01:03:30,640 --> 01:03:33,680
Speaker 3: it again? It's Munich nineteen thirty eight all over again, gentlemen,

1200
01:03:33,720 --> 01:03:35,439
Speaker 3: I thank you for your time today. It is seven

1201
01:03:35,480 --> 01:03:35,840
Speaker 3: to six.

1202
01:03:37,960 --> 01:03:41,280
Speaker 1: It's the Heather Duples see Alan Drive Full Show podcast

1203
01:03:41,360 --> 01:03:44,080
Speaker 1: on my Art Radio powered by News Talk ZB.

1204
01:03:46,440 --> 01:03:49,360
Speaker 3: Text through says is an acc compulsory, Yes it is.

1205
01:03:50,760 --> 01:03:53,360
Speaker 3: Therefore you know why can't it happen? The panel is

1206
01:03:53,680 --> 01:03:56,400
Speaker 3: full of it. It's about personal responsibility. Yes, it is.

1207
01:03:56,480 --> 01:04:00,120
Speaker 3: It's about being a privilege and not a right and

1208
01:04:00,520 --> 01:04:05,360
Speaker 3: perfectly achievable. Fellow has texted and either can do buy

1209
01:04:05,400 --> 01:04:07,520
Speaker 3: for twenty years. Everything is linked. You can't register or

1210
01:04:07,520 --> 01:04:09,520
Speaker 3: get a warrant of fitness without insurance. You do that

1211
01:04:09,600 --> 01:04:13,800
Speaker 3: online automatically updates with police and you can process the

1212
01:04:13,920 --> 01:04:16,520
Speaker 3: WAFT and then the regio each year. Then you're issued

1213
01:04:16,520 --> 01:04:18,240
Speaker 3: a sticker to go on your plate with the year.

1214
01:04:18,480 --> 01:04:20,840
Speaker 3: If a police see a plate without the year sticker,

1215
01:04:20,880 --> 01:04:22,680
Speaker 3: they will pull you over and impound the car and

1216
01:04:22,720 --> 01:04:26,680
Speaker 3: take it away. So every car has minimum third party

1217
01:04:27,320 --> 01:04:31,400
Speaker 3: and regio and WAFT because that's the rules, and if

1218
01:04:31,440 --> 01:04:36,040
Speaker 3: you break the rules, rules have consequences. I'm going to

1219
01:04:36,040 --> 01:04:37,520
Speaker 3: have a bit of fun after the news. I'm going

1220
01:04:37,560 --> 01:04:39,600
Speaker 3: to talk to a fellow who's running the City rail Link.

1221
01:04:39,640 --> 01:04:42,360
Speaker 3: The City rail Link, the tunnel's under Auckland to put

1222
01:04:42,400 --> 01:04:46,160
Speaker 3: trains through has enraged many. Many haven't thought seen what

1223
01:04:46,200 --> 01:04:49,080
Speaker 3: the benefit of this whole thing is. They've certainly seen

1224
01:04:49,120 --> 01:04:51,760
Speaker 3: the impact of all the roadworks and how everything has

1225
01:04:51,800 --> 01:04:54,400
Speaker 3: slowed down, the road cones everywhere, and they haven't been

1226
01:04:54,440 --> 01:04:57,280
Speaker 3: able to see what's happening under the ground because it's

1227
01:04:57,360 --> 01:04:59,760
Speaker 3: under the ground. Well, I can tell you last night

1228
01:05:00,080 --> 01:05:03,760
Speaker 3: under the ground a train traveled through the tunnel, because

1229
01:05:03,800 --> 01:05:05,560
Speaker 3: it's going to take quite a lot of testing to

1230
01:05:05,560 --> 01:05:08,360
Speaker 3: make sure the trains can do this safely and at speed.

1231
01:05:08,680 --> 01:05:10,720
Speaker 3: So we're going to talk to Patrick, who runs the

1232
01:05:10,760 --> 01:05:13,240
Speaker 3: City rail Link in just a few moments time, about

1233
01:05:13,280 --> 01:05:16,600
Speaker 3: what is really a major milestone in a project that

1234
01:05:16,720 --> 01:05:19,080
Speaker 3: eventually will be out of our hair and in twenty

1235
01:05:19,160 --> 01:05:22,080
Speaker 3: years time we'll be going thank god it's here. Well

1236
01:05:22,440 --> 01:05:25,560
Speaker 3: that's what I hope. Anyway, News is next. I'm Andrew

1237
01:05:25,560 --> 01:05:39,120
Speaker 3: Dickens and for Ryan. Ryan's back on Monday, sand.

1238
01:05:53,880 --> 01:05:54,280
Speaker 25: Sandy.

1239
01:06:21,000 --> 01:06:22,760
Speaker 2: What's up? What's down?

1240
01:06:23,200 --> 01:06:26,040
Speaker 1: What with a major cause and how will it affect

1241
01:06:26,080 --> 01:06:30,040
Speaker 1: the economy? The big business questions on the Business Hour

1242
01:06:30,360 --> 01:06:35,200
Speaker 1: with Andrew Dickens and mayors, insurance and investments, Grow your wealth,

1243
01:06:35,360 --> 01:06:37,320
Speaker 1: protect your future, use talks at me.

1244
01:06:39,480 --> 01:06:42,600
Speaker 3: Well, good evening to you, Welcome back to the program.

1245
01:06:42,920 --> 01:06:45,240
Speaker 3: Are we're talking business speaking about business? I'm sorry if

1246
01:06:45,520 --> 01:06:49,880
Speaker 3: you here during the program, a low thump of disco

1247
01:06:50,040 --> 01:06:55,160
Speaker 3: based music and that's because Glane and Lehrt are having

1248
01:06:55,160 --> 01:06:58,760
Speaker 3: a Waketangi promotional do downstairs and so they play in

1249
01:06:58,760 --> 01:07:01,360
Speaker 3: the old disco music is that Bunnies and the eating

1250
01:07:01,360 --> 01:07:05,000
Speaker 3: Wakaentucky it Wakatuki crisp. And so if it's coming through

1251
01:07:05,040 --> 01:07:09,480
Speaker 3: the floor and I apologize, it's Gelane and Lee Hart

1252
01:07:09,480 --> 01:07:11,800
Speaker 3: and Heath is probably there as well. It is eight

1253
01:07:11,840 --> 01:07:15,880
Speaker 3: minutes after six, all right. A huge step towards trains

1254
01:07:16,000 --> 01:07:18,840
Speaker 3: actually running through the City rail Link. Last night a

1255
01:07:18,920 --> 01:07:21,880
Speaker 3: test train actually went through the tunnel for the first time.

1256
01:07:22,400 --> 01:07:24,960
Speaker 3: It took them two and a half hours to complete

1257
01:07:24,960 --> 01:07:28,840
Speaker 3: the journey. The journey's three point five kilometers. They took

1258
01:07:28,880 --> 01:07:31,800
Speaker 3: it slow. They did it slow so that the technicians

1259
01:07:31,800 --> 01:07:34,840
Speaker 3: could problem shoot all the way. So City rail Link

1260
01:07:34,880 --> 01:07:38,040
Speaker 3: Chief Executive as Patrick Brocky, and Patrick was there and

1261
01:07:38,080 --> 01:07:40,160
Speaker 3: he's here and now hello Patrick.

1262
01:07:40,840 --> 01:07:42,520
Speaker 20: Hi, and very nice to be talking to you.

1263
01:07:42,480 --> 01:07:44,360
Speaker 3: And congratulations. That must have been a buzz.

1264
01:07:45,920 --> 01:07:48,600
Speaker 20: Oh it's a real milestone actually, And there was a

1265
01:07:48,720 --> 01:07:51,320
Speaker 20: small party of staff and well Whish was down there too,

1266
01:07:51,360 --> 01:07:55,440
Speaker 20: saying the train off from white Matar station. So now

1267
01:07:55,480 --> 01:07:59,280
Speaker 20: a very exciting and proud monament for all of those

1268
01:07:59,360 --> 01:08:02,960
Speaker 20: that have been involved over many years, from our contractors

1269
01:08:03,000 --> 01:08:05,800
Speaker 20: through to our partner's Kyra or can Transport or can

1270
01:08:05,840 --> 01:08:08,280
Speaker 20: One Rail, Big milestone for us, so thank you.

1271
01:08:08,680 --> 01:08:10,640
Speaker 3: Okay, so the very fair you did it five times,

1272
01:08:10,680 --> 01:08:12,880
Speaker 3: but the very first time you did it you did

1273
01:08:12,960 --> 01:08:15,000
Speaker 3: three point four to five kilometers in two and a

1274
01:08:15,040 --> 01:08:16,439
Speaker 3: half hours. You did it slow.

1275
01:08:16,560 --> 01:08:22,240
Speaker 20: Why, it's just being safe five kilometers an hour initially

1276
01:08:22,280 --> 01:08:25,479
Speaker 20: and building up from there. But we just need to

1277
01:08:25,520 --> 01:08:28,160
Speaker 20: check the tunnel clearance and make sure the train runs

1278
01:08:28,160 --> 01:08:32,320
Speaker 20: through smoothly without any interruptions. We were pretty confident about that,

1279
01:08:32,360 --> 01:08:34,080
Speaker 20: of course with all the work we've done, but you

1280
01:08:34,240 --> 01:08:37,519
Speaker 20: never shure until the day and then power supply, just

1281
01:08:37,640 --> 01:08:41,519
Speaker 20: ensuring it's continuous through the tunnels. We're also looking at

1282
01:08:41,560 --> 01:08:44,679
Speaker 20: all the signaling that down there that's spready out managed

1283
01:08:44,680 --> 01:08:46,960
Speaker 20: by Kivy Rail, but making sure the signaling is all

1284
01:08:47,000 --> 01:08:51,639
Speaker 20: in order. And it went very well. The test all positive,

1285
01:08:52,800 --> 01:08:54,439
Speaker 20: so we're all for a good start.

1286
01:08:55,000 --> 01:08:56,960
Speaker 3: Did you get faster, I mean you did another four

1287
01:08:57,000 --> 01:08:59,040
Speaker 3: trips and did you get faster? In which case, what

1288
01:08:59,200 --> 01:09:03,280
Speaker 3: is the current speed record for the city railing tunnel.

1289
01:09:04,720 --> 01:09:08,479
Speaker 20: Well, well, we did get faster, materially faster, and I

1290
01:09:08,520 --> 01:09:11,120
Speaker 20: think over the next few days we would hope to

1291
01:09:11,160 --> 01:09:14,120
Speaker 20: get up to about a maximum of forty kilmas an

1292
01:09:14,120 --> 01:09:14,920
Speaker 20: hour and.

1293
01:09:14,840 --> 01:09:17,280
Speaker 3: That's how fast it will run when it's in regular service.

1294
01:09:18,840 --> 01:09:20,320
Speaker 20: No, it can go faster. It can go up to

1295
01:09:20,360 --> 01:09:23,160
Speaker 20: seventy kilometers an hour, but I think forty at the moment.

1296
01:09:23,200 --> 01:09:26,040
Speaker 20: As we find out any sort of bugs in the system,

1297
01:09:26,080 --> 01:09:28,360
Speaker 20: and there are a couple, you know, we have some

1298
01:09:28,520 --> 01:09:31,000
Speaker 20: we're still work to do on the tracks, some minor works,

1299
01:09:31,000 --> 01:09:32,840
Speaker 20: but they still have to be done and it's just

1300
01:09:32,880 --> 01:09:35,639
Speaker 20: safer to run it at moderate speeds for now.

1301
01:09:36,040 --> 01:09:38,000
Speaker 3: So what needs to happen from here? You've said you're

1302
01:09:38,000 --> 01:09:40,280
Speaker 3: going to keep on testing, and I know that the

1303
01:09:40,400 --> 01:09:42,519
Speaker 3: tracks obviously work, but the big problem is going to

1304
01:09:42,520 --> 01:09:47,519
Speaker 3: be the systems that actually monitor and control the trains.

1305
01:09:48,000 --> 01:09:49,800
Speaker 3: That can take quite a long time. So what is

1306
01:09:49,840 --> 01:09:51,559
Speaker 3: going to happen next from here and how long will

1307
01:09:51,560 --> 01:09:51,880
Speaker 3: it take?

1308
01:09:53,040 --> 01:09:54,760
Speaker 20: Well, you definitely hit the name on the head of

1309
01:09:54,800 --> 01:09:57,599
Speaker 20: the system's part. That's one of the most complex part

1310
01:09:57,640 --> 01:10:01,880
Speaker 20: of the project with the test and commissioning phase, with

1311
01:10:01,880 --> 01:10:04,400
Speaker 20: the running of the trains. There's over eight thousand tests

1312
01:10:04,479 --> 01:10:06,760
Speaker 20: andrew that we have to run over the course of

1313
01:10:06,800 --> 01:10:09,320
Speaker 20: the year, so we've really just only just started that.

1314
01:10:09,400 --> 01:10:12,880
Speaker 20: As you know, we've also got to complete the station

1315
01:10:13,000 --> 01:10:17,439
Speaker 20: set out, so there's an examples, the ceilings, the tiling works.

1316
01:10:17,479 --> 01:10:19,960
Speaker 20: Some of the ticket gates are actually in a couple

1317
01:10:20,000 --> 01:10:25,000
Speaker 20: of the stations, which is great tunnel ventilation system. There's

1318
01:10:25,000 --> 01:10:29,400
Speaker 20: are massive tunnel events given an example, they can by

1319
01:10:29,439 --> 01:10:32,679
Speaker 20: up to eight tons, but they are just we're going

1320
01:10:32,760 --> 01:10:35,680
Speaker 20: running full testing now and those that will continue for

1321
01:10:35,720 --> 01:10:38,519
Speaker 20: some time. And then, as you pointed out, the other

1322
01:10:38,600 --> 01:10:41,640
Speaker 20: systems involved installation and commissioning of those systems and they

1323
01:10:41,680 --> 01:10:49,120
Speaker 20: cover examples fire heating, a fire emergency prevention, heating, lighting, CCTV.

1324
01:10:50,000 --> 01:10:53,040
Speaker 20: We've also got works outside of the stations, some urban

1325
01:10:53,080 --> 01:10:56,479
Speaker 20: realm or footpath and paving works. So there's quite a

1326
01:10:56,520 --> 01:10:59,439
Speaker 20: lot left to do. We have just under nine hundred

1327
01:10:59,479 --> 01:11:03,160
Speaker 20: staff working on this at the stations, and so will

1328
01:11:03,200 --> 01:11:04,680
Speaker 20: give you a sense of the scale of work that

1329
01:11:04,720 --> 01:11:06,720
Speaker 20: we still have to complete this year.

1330
01:11:07,000 --> 01:11:08,840
Speaker 3: So you're hoping to open in twenty twenty six, Do

1331
01:11:08,880 --> 01:11:09,800
Speaker 3: you believe you're on track?

1332
01:11:10,920 --> 01:11:11,439
Speaker 20: Yes, we do.

1333
01:11:12,479 --> 01:11:13,679
Speaker 3: Would you like to give us a date?

1334
01:11:15,160 --> 01:11:15,479
Speaker 8: All right?

1335
01:11:15,920 --> 01:11:20,679
Speaker 20: Twenty twenty six is twenty twenty six not only vague, Andrew,

1336
01:11:20,760 --> 01:11:23,360
Speaker 20: but I think well, I think twenty twenty six is

1337
01:11:23,400 --> 01:11:25,800
Speaker 20: about as specific as we can be right now, just

1338
01:11:25,840 --> 01:11:29,280
Speaker 20: because and it's not again, not being evasive, but the

1339
01:11:29,400 --> 01:11:32,040
Speaker 20: last year is complex and we've got a lot to

1340
01:11:32,080 --> 01:11:35,840
Speaker 20: do still, and it can be the unknowns, but look,

1341
01:11:35,840 --> 01:11:38,200
Speaker 20: we're working as hard as we can to open as

1342
01:11:38,200 --> 01:11:39,000
Speaker 20: early as possible.

1343
01:11:39,280 --> 01:11:40,760
Speaker 3: We're so keen to see it, I have to say.

1344
01:11:40,800 --> 01:11:43,080
Speaker 3: And I have read about the Elizabeth Line in London

1345
01:11:43,360 --> 01:11:45,240
Speaker 3: and just how long it took to get that just

1346
01:11:45,760 --> 01:11:48,240
Speaker 3: good and safe and working properly. Is the signaling you

1347
01:11:48,240 --> 01:11:50,680
Speaker 3: don't want trains going down the wrong tracks. Just when

1348
01:11:50,680 --> 01:11:53,080
Speaker 3: you were talking about all the infrastructure down there, there

1349
01:11:53,120 --> 01:11:55,160
Speaker 3: must be an enormous drain of electricity.

1350
01:11:57,400 --> 01:12:00,720
Speaker 20: No, there is. This powers place pretty important for a

1351
01:12:00,800 --> 01:12:03,920
Speaker 20: railway for sure, and of course we're running the station

1352
01:12:04,120 --> 01:12:07,639
Speaker 20: systems and so on. So no, that's that's definitely the case.

1353
01:12:08,320 --> 01:12:12,360
Speaker 20: But we were that's well catered for and in place,

1354
01:12:12,600 --> 01:12:14,840
Speaker 20: so we shouldn't. We don't expect to have problems in

1355
01:12:14,880 --> 01:12:15,479
Speaker 20: that area.

1356
01:12:15,600 --> 01:12:16,960
Speaker 3: When do you get to take the mayor for a

1357
01:12:16,960 --> 01:12:21,040
Speaker 3: bit of a tour on a train, that's.

1358
01:12:20,840 --> 01:12:23,120
Speaker 20: A good question, not one we've covered yet, but when

1359
01:12:23,160 --> 01:12:26,200
Speaker 20: it's safe to do so. Andrew, I think, look, we'd

1360
01:12:26,280 --> 01:12:29,559
Speaker 20: like the general public about to see the project as

1361
01:12:29,560 --> 01:12:31,800
Speaker 20: soon as possible, and the only substitute at the moment

1362
01:12:31,840 --> 01:12:34,439
Speaker 20: is we've got some really good comms on our website,

1363
01:12:34,720 --> 01:12:38,800
Speaker 20: drone footage, We've got monthly newsletters with updates on the

1364
01:12:38,800 --> 01:12:42,680
Speaker 20: station works, and courage your listeners to look at that

1365
01:12:42,720 --> 01:12:45,400
Speaker 20: because I think it's very that's very helpful and getting

1366
01:12:46,000 --> 01:12:50,439
Speaker 20: some visualization of how the stations are coming along. Hopefully

1367
01:12:50,520 --> 01:12:53,000
Speaker 20: we can we can do more than that at some

1368
01:12:53,080 --> 01:12:54,760
Speaker 20: point during the year when it's safe to do so.

1369
01:12:55,560 --> 01:12:57,360
Speaker 20: But in terms of the Mayor and the Minister riding

1370
01:12:57,360 --> 01:13:01,120
Speaker 20: the first train, well for riding a train that's not

1371
01:13:01,280 --> 01:13:03,559
Speaker 20: on the plans right at the moment, but I'm sure

1372
01:13:03,560 --> 01:13:06,680
Speaker 20: that will be.

1373
01:13:05,600 --> 01:13:09,840
Speaker 3: Patrick, Patrick, it's good politics if you know what I mean,

1374
01:13:10,240 --> 01:13:12,720
Speaker 3: and you talk about the public, I mean, I've I've

1375
01:13:12,800 --> 01:13:16,800
Speaker 3: walked through every tunnel that's been built in this in

1376
01:13:16,840 --> 01:13:19,760
Speaker 3: this city, and I've walked over every bridge, including over

1377
01:13:19,760 --> 01:13:22,080
Speaker 3: Spaghetti Junction when it was built back of the seventies.

1378
01:13:22,400 --> 01:13:25,160
Speaker 3: So will is there any possibility that we could come

1379
01:13:25,200 --> 01:13:27,080
Speaker 3: for a bit of a wander through the tunnels for

1380
01:13:27,120 --> 01:13:28,679
Speaker 3: the public at some stage of the future.

1381
01:13:30,160 --> 01:13:32,800
Speaker 20: I think the stations is more likely entered than the

1382
01:13:32,800 --> 01:13:36,400
Speaker 20: tunnels themselves because we have energized so there's you know,

1383
01:13:36,400 --> 01:13:40,280
Speaker 20: there's power running through the tunnels. But you know, when

1384
01:13:40,280 --> 01:13:42,479
Speaker 20: the time is right, if we can do something with

1385
01:13:42,520 --> 01:13:45,840
Speaker 20: our stations and giving the public a glimpse of how

1386
01:13:45,880 --> 01:13:48,280
Speaker 20: they're going to look, and they will look stunning, we'd

1387
01:13:48,280 --> 01:13:48,840
Speaker 20: love to do that.

1388
01:13:49,000 --> 01:13:52,439
Speaker 3: Can't wait. Patrick, congratulate your team and I thank you

1389
01:13:52,439 --> 01:13:53,960
Speaker 3: for your time tonight and all the very best.

1390
01:13:54,000 --> 01:13:56,519
Speaker 20: Okay, thank you, Andrew, good talk to you.

1391
01:13:57,280 --> 01:14:00,240
Speaker 3: There's Patrick Brocky who's in charge of the CEE. Well,

1392
01:14:00,280 --> 01:14:02,479
Speaker 3: remember it was supposed to be finished in twenty twenty five.

1393
01:14:02,560 --> 01:14:05,200
Speaker 3: It was supposed to be opened in twenty twenty six.

1394
01:14:05,320 --> 01:14:08,760
Speaker 3: Now he's talking about finishing it in twenty twenty six.

1395
01:14:08,840 --> 01:14:12,040
Speaker 3: So will it be opened in twenty twenty seven?

1396
01:14:12,520 --> 01:14:12,680
Speaker 2: Oh?

1397
01:14:13,000 --> 01:14:14,760
Speaker 3: It takes a long time to watch a part of

1398
01:14:15,120 --> 01:14:18,759
Speaker 3: kettle boil, doesn't it. It is six fifteen. Nikola Willis

1399
01:14:19,200 --> 01:14:22,559
Speaker 3: was at the New Zealand Economic Forum, which kicked off today.

1400
01:14:22,680 --> 01:14:25,320
Speaker 3: Scott Morrison was there as well, the Australian Prime Minister.

1401
01:14:25,439 --> 01:14:29,639
Speaker 3: A whole lot of coneheads all talking about economic stuff.

1402
01:14:29,960 --> 01:14:31,960
Speaker 3: And guess who else was there? Liam Dan and he's

1403
01:14:32,040 --> 01:14:33,320
Speaker 3: joining me next.

1404
01:14:33,560 --> 01:14:36,880
Speaker 1: It's the header Duper c Allen Drive Full Show Podcast

1405
01:14:36,960 --> 01:14:39,679
Speaker 1: on iHeartRadio powered by News Talks EBB.

1406
01:14:41,600 --> 01:14:44,720
Speaker 2: If it's to do with money, it matters to you.

1407
01:14:44,720 --> 01:14:49,640
Speaker 1: The Business Hour with Andrew Dickins and Player's Insurance and Investments,

1408
01:14:49,920 --> 01:14:52,920
Speaker 1: Grow your wealth, Protect your Future, News Talks EDB.

1409
01:14:53,840 --> 01:14:55,720
Speaker 3: I've had a Texas says, I cannot believe how much

1410
01:14:55,760 --> 01:14:58,080
Speaker 3: this guy's going on about how much commissioning and stuff

1411
01:14:58,120 --> 01:14:59,720
Speaker 3: has to be done. It's not the first tunnel in

1412
01:14:59,720 --> 01:15:01,320
Speaker 3: the world that has been built. It just sounds like

1413
01:15:01,360 --> 01:15:03,439
Speaker 3: a whole lot of bs and today's well I mentioned

1414
01:15:03,439 --> 01:15:06,160
Speaker 3: the Elizabeth Line. The Elizabeth Line was first planned in

1415
01:15:06,160 --> 01:15:08,479
Speaker 3: two thousand and one. It was supposed to finish in

1416
01:15:08,520 --> 01:15:11,439
Speaker 3: twenty eighteen. This is in London. It did not finish

1417
01:15:11,560 --> 01:15:13,920
Speaker 3: until twenty twenty one, so it was three years late.

1418
01:15:14,360 --> 01:15:17,200
Speaker 3: In twenty twenty one they started testing and they tested

1419
01:15:17,280 --> 01:15:21,240
Speaker 3: for a year and it didn't open until twenty twenty two.

1420
01:15:21,320 --> 01:15:23,120
Speaker 3: And now it's one of the most successful lines in

1421
01:15:23,160 --> 01:15:27,400
Speaker 3: the world. All right in six eighteen, So willis the

1422
01:15:28,200 --> 01:15:30,560
Speaker 3: excuse me, I do have a frog. Nicola Willis, the

1423
01:15:30,560 --> 01:15:33,840
Speaker 3: Finance Minister, opened up the New Zealand Economic Forum today

1424
01:15:33,880 --> 01:15:36,200
Speaker 3: and gave a speech and she promised action to increase

1425
01:15:36,240 --> 01:15:41,000
Speaker 3: competition amongst supermarkets and electricity retailers and banking. And Liam

1426
01:15:41,080 --> 01:15:43,360
Speaker 3: dan is the Herald's business editor at large, and he

1427
01:15:43,439 --> 01:15:46,480
Speaker 3: was listening to the whole thing, and he joins me, Now, hello, Liam,

1428
01:15:46,880 --> 01:15:48,280
Speaker 3: good Andrew, what did you make of it?

1429
01:15:49,280 --> 01:15:49,599
Speaker 2: Well?

1430
01:15:50,200 --> 01:15:51,720
Speaker 6: I liked it.

1431
01:15:51,720 --> 01:15:54,639
Speaker 26: It was a good it was a good strong language.

1432
01:15:55,560 --> 01:16:00,599
Speaker 26: I guess, you know, the cynical journalists sided me might

1433
01:16:00,640 --> 01:16:02,320
Speaker 26: be thinking, well, it's a bit like some of the

1434
01:16:02,360 --> 01:16:04,599
Speaker 26: other stuff we've heard. This is really good language, really

1435
01:16:04,600 --> 01:16:09,920
Speaker 26: good sentiment. You just wonder what the actual substance of

1436
01:16:09,960 --> 01:16:12,360
Speaker 26: it will be. So she said, well, look, let's let's

1437
01:16:12,360 --> 01:16:16,200
Speaker 26: do a deal. We'll treat a new supermarket entrant like

1438
01:16:16,240 --> 01:16:19,240
Speaker 26: a VIP. We'll you know, we'll kind of roll out

1439
01:16:19,280 --> 01:16:23,000
Speaker 26: the welcome mat. But you know, it's not clear in

1440
01:16:23,040 --> 01:16:26,120
Speaker 26: the hard world of business what that might be other

1441
01:16:26,160 --> 01:16:30,360
Speaker 26: than and maybe sort of smoothing the regulatory path. You know,

1442
01:16:31,080 --> 01:16:33,240
Speaker 26: we're not we don't seem to be quite talking about

1443
01:16:33,320 --> 01:16:35,720
Speaker 26: saying well, look you can pay no tax for five

1444
01:16:35,800 --> 01:16:38,639
Speaker 26: years or something like that. Just come in and we'll

1445
01:16:38,640 --> 01:16:41,880
Speaker 26: give you a real kickstart. So yeah, I'm not sure.

1446
01:16:41,920 --> 01:16:44,519
Speaker 26: I guess, you know, the devil may be in the detail.

1447
01:16:45,160 --> 01:16:47,640
Speaker 6: And perhaps you know, they can pull it.

1448
01:16:47,720 --> 01:16:50,280
Speaker 26: If they pull this off, it'll be you know, if

1449
01:16:50,280 --> 01:16:52,479
Speaker 26: they could get an Aldi in here before the next election,

1450
01:16:52,640 --> 01:16:53,559
Speaker 26: that would be a coup.

1451
01:16:53,680 --> 01:16:56,760
Speaker 3: So she did kind of suggest though that if a

1452
01:16:56,840 --> 01:16:59,720
Speaker 3: third player I wanted to come to her whether proposal,

1453
01:17:00,080 --> 01:17:02,320
Speaker 3: she would consider it, and maybe they might come to

1454
01:17:02,360 --> 01:17:04,880
Speaker 3: the with the proposal saying we will spend a billion

1455
01:17:04,920 --> 01:17:07,080
Speaker 3: dollars on a supply chain, will buy one hundred and

1456
01:17:07,120 --> 01:17:09,240
Speaker 3: forty stores, and we will do this if you give

1457
01:17:09,320 --> 01:17:11,280
Speaker 3: us five years tax free, and she would at least

1458
01:17:11,280 --> 01:17:11,800
Speaker 3: consider it.

1459
01:17:13,240 --> 01:17:15,600
Speaker 26: Yeah, I think, Look, look, I hope that is what

1460
01:17:15,640 --> 01:17:18,840
Speaker 26: we're talking about, you know, hope that that level of

1461
01:17:18,960 --> 01:17:22,519
Speaker 26: sort of creative thinking is what this government is sort of,

1462
01:17:22,840 --> 01:17:26,160
Speaker 26: you know, intimating that it's going to you know, get

1463
01:17:26,160 --> 01:17:28,640
Speaker 26: and get involved in the next over the you know,

1464
01:17:28,720 --> 01:17:32,120
Speaker 26: really only got eighteen months unto the next election, so

1465
01:17:32,160 --> 01:17:33,559
Speaker 26: they're going to have to get on with it. But

1466
01:17:34,960 --> 01:17:37,240
Speaker 26: you know, and that's in the in the side where

1467
01:17:37,240 --> 01:17:39,160
Speaker 26: we say, well, let's bring in a new player and

1468
01:17:39,200 --> 01:17:40,640
Speaker 26: that will solve all our problems, and.

1469
01:17:40,760 --> 01:17:44,080
Speaker 3: Well here's it might or might not. Here's the thing.

1470
01:17:44,240 --> 01:17:47,879
Speaker 3: She sort of hinted that she's had an unsolicited approach

1471
01:17:48,240 --> 01:17:52,200
Speaker 3: by an unnamed third player from an unnamed country, and

1472
01:17:52,240 --> 01:17:53,640
Speaker 3: it felt to me a little bit like she was

1473
01:17:53,640 --> 01:17:57,679
Speaker 3: suggesting that maybe there was something concrete amongst all the waffle.

1474
01:17:59,080 --> 01:18:01,240
Speaker 26: Yeah, look possible, But then you have to look at

1475
01:18:01,240 --> 01:18:03,280
Speaker 26: the scale and you go, well, you know, up in Auckland,

1476
01:18:03,320 --> 01:18:07,120
Speaker 26: we've got a costco. You know, it's it's but you

1477
01:18:07,200 --> 01:18:10,360
Speaker 26: need something at scale really to to affect the namic

1478
01:18:10,479 --> 01:18:14,320
Speaker 26: dynamic of the whole you know, supermarket or the grocery

1479
01:18:14,360 --> 01:18:19,000
Speaker 26: store sort of competition dynamic, and one or two stores

1480
01:18:19,000 --> 01:18:20,600
Speaker 26: probably won't do it. So you've got to have a

1481
01:18:20,640 --> 01:18:23,840
Speaker 26: really big, serious player. So I guess, you know, it's

1482
01:18:23,880 --> 01:18:28,240
Speaker 26: just whether one new player would really change things that much.

1483
01:18:28,479 --> 01:18:29,160
Speaker 6: It's going to help.

1484
01:18:29,280 --> 01:18:33,000
Speaker 26: But then the other part of it is how tough

1485
01:18:33,200 --> 01:18:37,200
Speaker 26: the government is prepared to get with the incumbents around competition.

1486
01:18:37,280 --> 01:18:41,400
Speaker 26: And that is also a situation where it's it's kind

1487
01:18:41,400 --> 01:18:45,040
Speaker 26: of easy to talk, really tough, it's harder to actually,

1488
01:18:46,200 --> 01:18:52,000
Speaker 26: you know, really sort of enforce things unless you're prepared

1489
01:18:52,000 --> 01:18:54,480
Speaker 26: to go the whole hog and start breaking up monopolies,

1490
01:18:54,520 --> 01:18:57,240
Speaker 26: which has been done in the past. Telecom got broken up,

1491
01:18:58,080 --> 01:19:01,000
Speaker 26: you know, but that would be a big call, especially

1492
01:19:01,040 --> 01:19:04,799
Speaker 26: from a sort of a pro business government that talks about,

1493
01:19:05,520 --> 01:19:10,080
Speaker 26: you know, concerns about sending the wrong message to potential

1494
01:19:10,120 --> 01:19:12,200
Speaker 26: business investors and that sort of thing. So you know,

1495
01:19:13,240 --> 01:19:15,479
Speaker 26: I just wonder, you know, for example, they're calling the

1496
01:19:15,520 --> 01:19:19,120
Speaker 26: bank bosses back in to talk to them about giving

1497
01:19:19,200 --> 01:19:21,280
Speaker 26: us a better, better deal.

1498
01:19:21,320 --> 01:19:25,480
Speaker 5: I guess, But what will the stick be exactly?

1499
01:19:25,600 --> 01:19:27,640
Speaker 3: And we've been trying this for a good five to

1500
01:19:27,720 --> 01:19:30,000
Speaker 3: ten years and nothing's worked so far, but you know,

1501
01:19:30,400 --> 01:19:32,720
Speaker 3: God loves to try. Liam Dan, I thank you so

1502
01:19:32,880 --> 01:19:35,280
Speaker 3: much for your time today. It is Sex twenty three. Yeah,

1503
01:19:35,280 --> 01:19:37,120
Speaker 3: I should probably mention the fact that it's been pointed

1504
01:19:37,120 --> 01:19:39,759
Speaker 3: out to me that the Elizabeth Line is one hundred

1505
01:19:39,760 --> 01:19:44,040
Speaker 3: and eighteen kilometers long whereas the CRL is three point

1506
01:19:44,080 --> 01:19:46,960
Speaker 3: four five kilometers long, So yeah, there's a difference in scale.

1507
01:19:48,840 --> 01:19:52,360
Speaker 2: The Rural report on hither do to see allan drive.

1508
01:19:54,120 --> 01:19:57,200
Speaker 3: New soilire b It is our six twenty five and

1509
01:19:57,360 --> 01:19:59,360
Speaker 3: this took about rural things. We've got Jamie mcnaiy from

1510
01:19:59,360 --> 01:20:01,839
Speaker 3: the country on the line and how Jamie today Andrew

1511
01:20:02,360 --> 01:20:05,360
Speaker 3: now in South and people are up at arms. The

1512
01:20:05,479 --> 01:20:06,559
Speaker 3: farm's being converted.

1513
01:20:07,520 --> 01:20:11,439
Speaker 25: Well not just our farm set lots of farms down here,

1514
01:20:11,640 --> 01:20:14,080
Speaker 25: and certainly lots of farms on the east coast of

1515
01:20:14,120 --> 01:20:18,200
Speaker 25: the North Island as well, have been converted from effectively

1516
01:20:18,200 --> 01:20:22,920
Speaker 25: good pastoral farms to forestry and or carbon farming. This

1517
01:20:23,000 --> 01:20:25,719
Speaker 25: particular one I know very well on the Southland are

1518
01:20:25,840 --> 01:20:27,920
Speaker 25: born and bred. It's on the northern slopes of the

1519
01:20:27,960 --> 01:20:31,280
Speaker 25: Hokanuei Hills. If you were driving, for instance, from Gore

1520
01:20:31,400 --> 01:20:34,840
Speaker 25: to Queenstown, it's a lovely drive too, you would pass it.

1521
01:20:35,800 --> 01:20:38,880
Speaker 25: This is a farm that shouldn't be going to trees.

1522
01:20:38,920 --> 01:20:42,160
Speaker 25: Of course, the government has stepped in and changed the rules,

1523
01:20:42,600 --> 01:20:45,160
Speaker 25: or they announced to change in the rules in December

1524
01:20:45,200 --> 01:20:48,320
Speaker 25: of last year. They'll come into force probably about October

1525
01:20:48,360 --> 01:20:52,479
Speaker 25: this year. But they can't stop stop stuff that's underway already.

1526
01:20:52,479 --> 01:20:56,200
Speaker 25: But this is a beautiful farm. The entire operation is

1527
01:20:56,240 --> 01:21:00,360
Speaker 25: apparently seven three hundred hectares. It's not only sheep and

1528
01:21:00,400 --> 01:21:03,360
Speaker 25: cattle breeding, but it's also a finishing farm where you

1529
01:21:03,479 --> 01:21:06,360
Speaker 25: fatt and stock. It's got cropping arable you know, good

1530
01:21:06,439 --> 01:21:09,400
Speaker 25: enough to grow crops, and also dairy farming. The whole

1531
01:21:09,439 --> 01:21:13,759
Speaker 25: lot is apparently being holess. Bowlus are planted into pine trees.

1532
01:21:13,920 --> 01:21:17,360
Speaker 25: It's wrong. It's not being planted for production forestry. It's

1533
01:21:17,400 --> 01:21:21,040
Speaker 25: being planted for the carbon credits. You'll get two clicks

1534
01:21:21,040 --> 01:21:23,280
Speaker 25: on it. But a lot of the local farmers are

1535
01:21:23,360 --> 01:21:26,120
Speaker 25: quite rightly saying this is not right. It's going to

1536
01:21:26,120 --> 01:21:28,360
Speaker 25: be an eyesore, it's going to be a blight on

1537
01:21:28,400 --> 01:21:31,599
Speaker 25: the environment. And I think quite a bit of government

1538
01:21:31,640 --> 01:21:34,160
Speaker 25: money was spent on this particular farm, which is a

1539
01:21:34,200 --> 01:21:37,720
Speaker 25: lovely farm of tailed sheep there and mustard as a

1540
01:21:37,720 --> 01:21:41,200
Speaker 25: young guy, was spent on this farm in the seventies

1541
01:21:41,240 --> 01:21:44,439
Speaker 25: to develop it. And the likes of Groundswell co founder

1542
01:21:44,479 --> 01:21:47,400
Speaker 25: Lorry Patterson, who also owns a big sheep and beef

1543
01:21:47,439 --> 01:21:50,519
Speaker 25: station down there, says he's none too toughed with it,

1544
01:21:50,560 --> 01:21:53,280
Speaker 25: and I think that's the general consensus.

1545
01:21:52,680 --> 01:21:53,559
Speaker 5: Of people down there.

1546
01:21:53,640 --> 01:21:56,240
Speaker 3: I'm right there with you. You know, these forests they're

1547
01:21:56,280 --> 01:21:59,479
Speaker 3: just a mirage. They're not really affecting or improving the

1548
01:21:59,560 --> 01:22:01,760
Speaker 3: environment anyway, shape or form. In fact, they're making it worse,

1549
01:22:01,800 --> 01:22:04,160
Speaker 3: as you quite rightly said. Hey, Jamie McKay, thank you

1550
01:22:04,160 --> 01:22:06,160
Speaker 3: so much for your time today. Have yourself a great night.

1551
01:22:06,400 --> 01:22:10,160
Speaker 25: Yeah, Andrew. National LAMB Day on Saturday. Hopefully the supermarkets

1552
01:22:10,160 --> 01:22:12,679
Speaker 25: will come to the party. I haven't seen any evidence

1553
01:22:12,680 --> 01:22:14,519
Speaker 25: of it yet, but go and taste some lamb.

1554
01:22:14,720 --> 01:22:19,759
Speaker 3: Oh, no problem, Jamie. I will thank you, my liege.

1555
01:22:20,080 --> 01:22:23,519
Speaker 3: Six thirty eight, we're going to talk about Donald Trump.

1556
01:22:23,600 --> 01:22:26,240
Speaker 3: He's making a lot of changes, it's causing some uncertainty

1557
01:22:26,240 --> 01:22:28,880
Speaker 3: in the markets. And Sam Dicking from Fisher Funds. We'll

1558
01:22:29,000 --> 01:22:32,080
Speaker 3: talk about that. We've got Da Brady coming to join

1559
01:22:32,160 --> 01:22:33,960
Speaker 3: us as well to talk about stories from all around

1560
01:22:33,960 --> 01:22:36,320
Speaker 3: in Europe. This is news Talks here, b. I'm Andrew

1561
01:22:36,320 --> 01:22:38,599
Speaker 3: Dickens in for Ryan Bridge, who's back on Monday.

1562
01:22:53,520 --> 01:22:58,160
Speaker 1: Some bs Arnie crunching the numbers and getting the results.

1563
01:22:58,479 --> 01:23:01,320
Speaker 2: It's Dickens Gulp the Business.

1564
01:23:00,880 --> 01:23:05,479
Speaker 1: Hour and Mays Insurance and investments, Grow your wealth, protect

1565
01:23:05,520 --> 01:23:06,000
Speaker 1: your future.

1566
01:23:06,280 --> 01:23:10,240
Speaker 24: News talks envy because they're already.

1567
01:23:12,920 --> 01:23:14,200
Speaker 5: To forget me.

1568
01:23:15,920 --> 01:23:19,040
Speaker 14: Are glad to give you Regad.

1569
01:23:20,120 --> 01:23:22,440
Speaker 3: There's a voice, and I hope as well. Willis CAPOULDI

1570
01:23:23,640 --> 01:23:27,320
Speaker 3: had his troubles. Anyway. I've got a story for you

1571
01:23:27,400 --> 01:23:31,920
Speaker 3: right now about school lunches and what's happening tomorrow. So

1572
01:23:32,000 --> 01:23:34,320
Speaker 3: if you've got kids who get the free lunches at school,

1573
01:23:34,439 --> 01:23:36,720
Speaker 3: I am expected to get a free lunch tomorrow. They're

1574
01:23:36,720 --> 01:23:39,679
Speaker 3: going to be stoked because tomorrow they are getting pies

1575
01:23:40,360 --> 01:23:44,120
Speaker 3: and peter pits, so the company is supplying the lunch's compass.

1576
01:23:44,880 --> 01:23:47,880
Speaker 3: I had to inform this afternoon the schools that they

1577
01:23:48,080 --> 01:23:50,439
Speaker 3: haven't quite met what they said they were going to do,

1578
01:23:50,479 --> 01:23:53,880
Speaker 3: so what they're going to do tomorrow is pies. They've

1579
01:23:53,880 --> 01:23:57,280
Speaker 3: also informed the schools that the pies won't meet nutritional guidelines,

1580
01:23:57,840 --> 01:23:59,600
Speaker 3: but it will allow them to get on top of

1581
01:23:59,600 --> 01:24:04,520
Speaker 3: their food production and improve on delivery. So government politicians

1582
01:24:04,880 --> 01:24:08,559
Speaker 3: have a reaction and they're stoked. He's Tom McLay Trade Minister.

1583
01:24:08,920 --> 01:24:11,320
Speaker 19: I grew up eating pies and I feel quite healthy.

1584
01:24:11,840 --> 01:24:13,840
Speaker 3: Infrastructure Minister Chris Bishop, and.

1585
01:24:13,880 --> 01:24:15,920
Speaker 27: People eat things all the time that don't necessarily eat

1586
01:24:15,960 --> 01:24:16,880
Speaker 27: nutritional guidelines.

1587
01:24:16,960 --> 01:24:19,479
Speaker 24: Me and a bunch of other MPISA case in point

1588
01:24:19,479 --> 01:24:21,639
Speaker 24: of that. But you know, a little bit of bad

1589
01:24:21,640 --> 01:24:23,639
Speaker 24: food every now and then is not the world's worst thing.

1590
01:24:24,120 --> 01:24:25,479
Speaker 2: You've got to enjoy life as well.

1591
01:24:25,840 --> 01:24:27,840
Speaker 3: Ax Brook van Velden actually.

1592
01:24:27,560 --> 01:24:29,360
Speaker 18: Have no problem with a kid having a pie for.

1593
01:24:29,360 --> 01:24:33,200
Speaker 3: Lunch, and Shane Jones, of course you had something to say,

1594
01:24:33,400 --> 01:24:37,960
Speaker 3: pie for Kai, Pie for Kai, but the opposition is

1595
01:24:38,080 --> 01:24:41,320
Speaker 3: not impressed. Chris Hipkins, a well known lover of pies.

1596
01:24:41,400 --> 01:24:44,600
Speaker 3: We know that from the last election feels sorry for

1597
01:24:44,600 --> 01:24:45,000
Speaker 3: the kids.

1598
01:24:45,040 --> 01:24:49,000
Speaker 4: Well, it's showing contempt for young people who really deserve

1599
01:24:49,040 --> 01:24:50,639
Speaker 4: to have a free and healthy lunch at school.

1600
01:24:50,760 --> 01:24:53,880
Speaker 3: And here's the Greens Riccardo and then there's much as.

1601
01:24:53,720 --> 01:24:56,320
Speaker 23: It shows that Christopher Luxeon and David Seemer are putting

1602
01:24:56,400 --> 01:24:59,120
Speaker 23: short term profit gains at the expense of the well

1603
01:24:59,120 --> 01:24:59,960
Speaker 23: being offer children.

1604
01:25:01,200 --> 01:25:03,760
Speaker 3: I do like a pie. I can really go pie

1605
01:25:03,840 --> 01:25:07,080
Speaker 3: right now, A pie and a coke. It's a balanced meal.

1606
01:25:07,479 --> 01:25:09,320
Speaker 3: Pie in the left hand, coke in the right hand.

1607
01:25:10,320 --> 01:25:15,519
Speaker 3: It's twenty two to seven. All right. I'm joined now

1608
01:25:15,520 --> 01:25:17,000
Speaker 3: by Sam Dickey for Fisher Funds.

1609
01:25:17,000 --> 01:25:20,040
Speaker 27: Hello, Sam, good even Andrew Love a good pine of

1610
01:25:20,080 --> 01:25:22,479
Speaker 27: coke yep, and.

1611
01:25:22,439 --> 01:25:24,839
Speaker 3: A cream donut for afters.

1612
01:25:25,000 --> 01:25:27,000
Speaker 27: Exactly cause it's square anyway.

1613
01:25:28,240 --> 01:25:31,000
Speaker 3: So tariffs they're on again, they're off again, but they're

1614
01:25:31,040 --> 01:25:34,200
Speaker 3: certainly around. What's happening with the market.

1615
01:25:35,760 --> 01:25:39,240
Speaker 27: Yeah, exceptionally fluid policy. Ryne and you guys have spoken

1616
01:25:39,240 --> 01:25:41,120
Speaker 27: a lot about that. Will they want their tariff journey.

1617
01:25:41,160 --> 01:25:45,760
Speaker 27: But it's not just tariff uncertainty. So there is uncertainty

1618
01:25:45,880 --> 01:25:49,120
Speaker 27: on the one hand, how potential tax cuts could stimulate

1619
01:25:49,160 --> 01:25:53,639
Speaker 27: the economy versus the DOGE or Department of government government

1620
01:25:53,640 --> 01:25:56,720
Speaker 27: efficiency inspired federal government cost cutting, which could be a

1621
01:25:56,800 --> 01:25:59,160
Speaker 27: drag on the economy. Then you've got uncertainty about the

1622
01:25:59,200 --> 01:26:04,200
Speaker 27: independence of the US federal reserves. So Chairman J. Powell

1623
01:26:04,200 --> 01:26:06,680
Speaker 27: retires it a little over twelve months, and Trump has

1624
01:26:06,720 --> 01:26:10,639
Speaker 27: made no secret he a wants interest rates lower now

1625
01:26:11,120 --> 01:26:13,960
Speaker 27: and b wants a loyalist to replace power. Powell, on

1626
01:26:14,000 --> 01:26:17,000
Speaker 27: the other hand, is trying to do his job independently,

1627
01:26:17,120 --> 01:26:20,200
Speaker 27: as it says on the TIN, which is to control inflation.

1628
01:26:20,439 --> 01:26:22,720
Speaker 27: And right now he has stopped cutting rates because the

1629
01:26:22,760 --> 01:26:25,679
Speaker 27: Fed is, as he said this week, close on inflation,

1630
01:26:25,760 --> 01:26:27,800
Speaker 27: but not there yet. And then of course you've got

1631
01:26:27,840 --> 01:26:31,679
Speaker 27: the US versus China computer chip war we've spoken about

1632
01:26:31,680 --> 01:26:35,280
Speaker 27: several times, which breeds its own version of uncertainty.

1633
01:26:35,960 --> 01:26:40,320
Speaker 3: He's right, the fair guy, because in fact, yesterday US

1634
01:26:40,320 --> 01:26:43,599
Speaker 3: inflation rates came in higher than expected, so it isn't

1635
01:26:43,720 --> 01:26:44,760
Speaker 3: under control.

1636
01:26:45,520 --> 01:26:47,720
Speaker 27: That's right, close on inflation, but not there yet. And

1637
01:26:49,160 --> 01:26:52,440
Speaker 27: we need independent central banks. That's why they are independent.

1638
01:26:52,600 --> 01:26:55,719
Speaker 27: So any thing that erodes in independence is a concern,

1639
01:26:56,120 --> 01:26:57,880
Speaker 27: and again creates that uncertainty.

1640
01:26:57,840 --> 01:27:00,200
Speaker 3: Well, and you just have to wonder, and I'm sorry,

1641
01:27:00,240 --> 01:27:02,240
Speaker 3: this is not Trump arrangement syndrome in any way it

1642
01:27:02,320 --> 01:27:04,000
Speaker 3: shape or form. But you have to wonder if Donald

1643
01:27:04,000 --> 01:27:06,880
Speaker 3: Trump is demanding the interest rates when inflation is still

1644
01:27:06,880 --> 01:27:09,040
Speaker 3: going up and the figures came out yesterday, whether he

1645
01:27:09,080 --> 01:27:10,120
Speaker 3: knows what could happen.

1646
01:27:11,400 --> 01:27:14,000
Speaker 27: Yeah, we probably hasn't studied the nineteen seventies as closely

1647
01:27:14,000 --> 01:27:18,639
Speaker 27: as Jay Powell. I suspect when the FED declared victory

1648
01:27:18,680 --> 01:27:21,280
Speaker 27: on inflation early and inflation took off again, we had

1649
01:27:21,320 --> 01:27:24,920
Speaker 27: a horrific great high cycle. But anyway, did there results?

1650
01:27:25,160 --> 01:27:26,360
Speaker 27: The Oh, there is not just tariffs.

1651
01:27:26,400 --> 01:27:28,960
Speaker 3: The point is that, so look what impacts is this

1652
01:27:29,439 --> 01:27:32,920
Speaker 3: happening on companies around the place and their bottom line

1653
01:27:33,040 --> 01:27:34,040
Speaker 3: and their projections.

1654
01:27:34,960 --> 01:27:37,479
Speaker 27: Yeah, early days on the bottom line, But imagine sitting

1655
01:27:37,479 --> 01:27:40,280
Speaker 27: in a boardroom in the US, also Southeast Asia or

1656
01:27:40,320 --> 01:27:43,360
Speaker 27: even Mexico or Canada right now today and been asked

1657
01:27:43,400 --> 01:27:46,800
Speaker 27: to sign off on a huge capital project which sort

1658
01:27:46,800 --> 01:27:49,360
Speaker 27: of spans the US or imports product into the US.

1659
01:27:49,720 --> 01:27:51,240
Speaker 27: All been asked to sign off on a three year

1660
01:27:51,280 --> 01:27:55,320
Speaker 27: strategy document with this type of extraordinary policy fluid in it,

1661
01:27:55,360 --> 01:27:57,840
Speaker 27: and it is starting to show up. So a small

1662
01:27:57,880 --> 01:28:00,400
Speaker 27: business survey in the US just released a couple days

1663
01:28:00,400 --> 01:28:04,400
Speaker 27: ago showed the second or third highest uncertainty reading in

1664
01:28:04,439 --> 01:28:08,120
Speaker 27: the past fifty years. And the last thing I would

1665
01:28:08,120 --> 01:28:11,120
Speaker 27: say on that is steels are a classic case or

1666
01:28:11,160 --> 01:28:14,160
Speaker 27: steel is a classic case of the uncertain impact of tariffs.

1667
01:28:14,240 --> 01:28:17,479
Speaker 27: So steel stocks, for example, ripped high when Trump was elected,

1668
01:28:17,479 --> 01:28:19,120
Speaker 27: and they ripped hire a few days ago when he

1669
01:28:19,160 --> 01:28:22,880
Speaker 27: did slap twenty five percent tariffs on Chinese steel imports.

1670
01:28:23,040 --> 01:28:26,240
Speaker 27: But what's super interesting is this the stocks now and

1671
01:28:26,360 --> 01:28:29,000
Speaker 27: now much lower than they were with pre Trump's election,

1672
01:28:29,120 --> 01:28:31,439
Speaker 27: because it reminds us these things don't happen in a vacuum.

1673
01:28:31,439 --> 01:28:33,720
Speaker 27: That the average steel bar on the US is not

1674
01:28:34,320 --> 01:28:38,160
Speaker 27: suddenly twenty five percent wealthier. So there's a lot going

1675
01:28:38,200 --> 01:28:40,240
Speaker 27: on there and the impacts are starting to show up.

1676
01:28:40,479 --> 01:28:43,240
Speaker 3: Has this sort of thing happened before? And if it has,

1677
01:28:43,920 --> 01:28:45,000
Speaker 3: what could we learn from it?

1678
01:28:46,080 --> 01:28:46,280
Speaker 2: Yeah.

1679
01:28:46,280 --> 01:28:49,240
Speaker 27: The most obvious parallel, I think is his last term.

1680
01:28:49,280 --> 01:28:51,400
Speaker 27: But the point of make there is that the starting

1681
01:28:51,479 --> 01:28:55,040
Speaker 27: points are very, very different. So last time the market

1682
01:28:55,120 --> 01:28:57,800
Speaker 27: was very viarius about Trump getting in, the bar was low,

1683
01:28:58,320 --> 01:29:00,679
Speaker 27: and he ended up being generally good for the economy.

1684
01:29:01,080 --> 01:29:03,800
Speaker 27: This time, the bar is much much higher. People expect

1685
01:29:03,800 --> 01:29:06,439
Speaker 27: he will do very good things for the economy, and

1686
01:29:06,479 --> 01:29:08,880
Speaker 27: that is already embedded in share prices before he has

1687
01:29:08,920 --> 01:29:12,200
Speaker 27: even done anything. And the other thing, of course, is

1688
01:29:12,240 --> 01:29:14,360
Speaker 27: that this time he's got a real head of steam

1689
01:29:14,439 --> 01:29:18,719
Speaker 27: up around policy changes, and policy uncertainty is significantly higher

1690
01:29:18,760 --> 01:29:19,759
Speaker 27: than it was last time.

1691
01:29:20,360 --> 01:29:22,400
Speaker 3: Okay, so what about the people with the money, the

1692
01:29:22,439 --> 01:29:24,840
Speaker 3: investors who are trying to figure out which company they

1693
01:29:24,880 --> 01:29:25,640
Speaker 3: should invest in.

1694
01:29:27,439 --> 01:29:29,400
Speaker 27: The easiest thing to say, I think is what Howard

1695
01:29:29,439 --> 01:29:31,920
Speaker 27: Mark said is I don't know. No one really does,

1696
01:29:32,040 --> 01:29:34,080
Speaker 27: and I'm not sure some of his aides know from

1697
01:29:34,160 --> 01:29:36,519
Speaker 27: day to day what sort of policy is going to

1698
01:29:36,560 --> 01:29:38,360
Speaker 27: come out. But what we do know for sure is

1699
01:29:38,400 --> 01:29:42,240
Speaker 27: that this level of policy uncertainty is unprecedented and expectations

1700
01:29:42,240 --> 01:29:45,120
Speaker 27: are high, and that is one of the reasons why Europe, China,

1701
01:29:45,160 --> 01:29:48,640
Speaker 27: and even Mexican equity markets are significantly outperform in the

1702
01:29:48,720 --> 01:29:51,920
Speaker 27: US so far this year. But one thing we do

1703
01:29:52,080 --> 01:29:54,439
Speaker 27: know for sure, Andrew, is if you were sitting near

1704
01:29:54,479 --> 01:29:57,439
Speaker 27: Trump at as inauguration, like the heads of Google, Meta

1705
01:29:57,479 --> 01:30:01,080
Speaker 27: and Amazon were, this uncertainty didn't stop their boards from

1706
01:30:01,120 --> 01:30:03,839
Speaker 27: signing a combined three hundred and twenty billion dollar KPIX

1707
01:30:03,880 --> 01:30:04,679
Speaker 27: bill for this year.

1708
01:30:05,560 --> 01:30:08,600
Speaker 3: Okay, great stuff, Sam Fisher, you are very interesting and

1709
01:30:08,720 --> 01:30:10,040
Speaker 3: very easy to listen to it, and I thank you

1710
01:30:10,080 --> 01:30:12,599
Speaker 3: for your time today. And Sam is from Fisher Funds. Meanwhile,

1711
01:30:12,880 --> 01:30:15,120
Speaker 3: on my television in the corner of the studio there

1712
01:30:15,240 --> 01:30:18,280
Speaker 3: is in fact Jerome Powell sitting there talking up free trade.

1713
01:30:18,360 --> 01:30:21,679
Speaker 3: So you can tell already there's some considerable differences between

1714
01:30:21,680 --> 01:30:24,519
Speaker 3: the head of the Fed and the President of the

1715
01:30:24,600 --> 01:30:28,679
Speaker 3: United States of America. Now, Steve writes, the kids will

1716
01:30:28,720 --> 01:30:31,120
Speaker 3: love pie day. The kids will now want it once

1717
01:30:31,160 --> 01:30:34,559
Speaker 3: a week, Yes they will. Andrew is a bit rich

1718
01:30:34,640 --> 01:30:37,719
Speaker 3: of hipkins to criticize a pie when they offered KFC

1719
01:30:37,800 --> 01:30:40,280
Speaker 3: and Coca Cola to entice people to vote for them.

1720
01:30:40,640 --> 01:30:42,840
Speaker 3: Thank you so much, Rob and Grant says, we'll just

1721
01:30:42,880 --> 01:30:45,320
Speaker 3: get rid of the school hunches. They've been a debacle

1722
01:30:45,360 --> 01:30:48,400
Speaker 3: all along. It is sixteen to seven and to Brady

1723
01:30:48,439 --> 01:30:49,599
Speaker 3: out of Europe is next.

1724
01:30:49,840 --> 01:30:54,000
Speaker 1: Whether it's Macro microbe or just playing economics, it's all

1725
01:30:54,080 --> 01:30:58,160
Speaker 1: on the Business hours with Andrew Dickens scant theirs, insurance

1726
01:30:58,240 --> 01:31:01,240
Speaker 1: and investments, throw your protect your future.

1727
01:31:01,280 --> 01:31:02,240
Speaker 2: These dogs.

1728
01:31:04,200 --> 01:31:06,880
Speaker 3: Just get better and better, best attendance numbers of the

1729
01:31:06,960 --> 01:31:10,360
Speaker 3: year will be tomorrow. Most will go to school just

1730
01:31:10,479 --> 01:31:14,479
Speaker 3: to eat their pie for lunch. All right, it's thirteen

1731
01:31:14,479 --> 01:31:16,760
Speaker 3: minutes to seven. It's got to Europe and we've got

1732
01:31:16,760 --> 01:31:17,599
Speaker 3: into Brady on the line.

1733
01:31:17,640 --> 01:31:21,160
Speaker 6: Hello, Enda, Hey, Andrew, good morning, Hello, good evening to you.

1734
01:31:22,479 --> 01:31:24,960
Speaker 3: It is good evening and it is a very fine evening,

1735
01:31:25,040 --> 01:31:27,800
Speaker 3: and thank you very much. Now we've got Putin and

1736
01:31:27,840 --> 01:31:31,840
Speaker 3: Trump heavy at chet. They're wanting peace, They're wanting to

1737
01:31:31,920 --> 01:31:38,439
Speaker 3: swap land. The US doesn't want to support NATO. There

1738
01:31:38,520 --> 01:31:41,240
Speaker 3: is Ukraine being sidelined and all of us.

1739
01:31:41,800 --> 01:31:44,559
Speaker 6: I think that is the huge concern now, and certainly

1740
01:31:44,680 --> 01:31:47,719
Speaker 6: in the capital Kiev, they will be very, very worried

1741
01:31:47,920 --> 01:31:51,320
Speaker 6: that this phone call lasted ninety minutes between Trump and Putin,

1742
01:31:51,800 --> 01:31:55,479
Speaker 6: and what we're seeing is effectively Russia being brought back

1743
01:31:55,520 --> 01:31:58,320
Speaker 6: into the international fold, no longer going to be a

1744
01:31:58,360 --> 01:32:02,080
Speaker 6: pariah state because Donald Trump seems to think that, you know,

1745
01:32:02,240 --> 01:32:05,160
Speaker 6: he himself wants a Nobel Peace Prize. A lot of

1746
01:32:05,200 --> 01:32:07,040
Speaker 6: people in Europe have been saying this to me for

1747
01:32:07,160 --> 01:32:09,760
Speaker 6: months when they come on my TV show, that this

1748
01:32:09,920 --> 01:32:12,599
Speaker 6: is what Trump will do. It's all about Trump getting

1749
01:32:12,640 --> 01:32:15,599
Speaker 6: the Nobel Peace Prize. That's what's driving him, No great

1750
01:32:15,600 --> 01:32:19,679
Speaker 6: thirst for peace or anything else. It's it's personal kind

1751
01:32:19,720 --> 01:32:24,000
Speaker 6: of gain. And again the transactional president in operation. Now,

1752
01:32:24,520 --> 01:32:27,280
Speaker 6: I've interviewed the Russian ambassador in London several times in

1753
01:32:27,320 --> 01:32:30,920
Speaker 6: the last three years, and each time he has set

1754
01:32:30,960 --> 01:32:34,160
Speaker 6: out what will be needed for Russia to end the war.

1755
01:32:34,560 --> 01:32:39,559
Speaker 6: They use a phrase consistently, the denazification of Ukraine. They

1756
01:32:39,600 --> 01:32:42,280
Speaker 6: see Zelensky, believe it or not, they see him as

1757
01:32:42,280 --> 01:32:46,519
Speaker 6: a Nazi. So Russia wants Zelensky gone and some sort

1758
01:32:46,560 --> 01:32:49,640
Speaker 6: of I'm guessing a puppet regime in Kiev. So effectively

1759
01:32:49,760 --> 01:32:52,760
Speaker 6: Ukraine will be under Kremlin control. They want to keep

1760
01:32:52,800 --> 01:32:55,559
Speaker 6: all the land of Russia has invaded and occupied and

1761
01:32:55,640 --> 01:32:59,400
Speaker 6: seized in the last three years. They want Ukraine not

1762
01:32:59,439 --> 01:33:01,400
Speaker 6: to be able to do on NATO and not to

1763
01:33:01,400 --> 01:33:04,559
Speaker 6: be able to join the European Union. So effectively Ukraine

1764
01:33:04,560 --> 01:33:06,880
Speaker 6: will become a shadow state of Russia, and.

1765
01:33:06,840 --> 01:33:10,240
Speaker 3: That would be defeat. And yeah, yeah, but at the

1766
01:33:10,240 --> 01:33:12,439
Speaker 3: same time, so many people have died, one hundred and

1767
01:33:12,479 --> 01:33:16,439
Speaker 3: twenty thousand dead, you know, seventy thousand Russians alone, So

1768
01:33:16,560 --> 01:33:17,120
Speaker 3: much blood.

1769
01:33:18,400 --> 01:33:20,840
Speaker 6: Yes, look the bloodshed and the loss of life has

1770
01:33:20,880 --> 01:33:24,320
Speaker 6: been catastrophic and terrible. I was in Davos a couple

1771
01:33:24,360 --> 01:33:27,559
Speaker 6: of weeks ago and I heard Zelenski speak, and afterwards

1772
01:33:27,600 --> 01:33:29,680
Speaker 6: I heard a group of Americans saying that, you know,

1773
01:33:30,080 --> 01:33:33,000
Speaker 6: this guy just needs to talk peace now and sit down.

1774
01:33:32,720 --> 01:33:35,200
Speaker 6: And so I challenged him on what was said, and

1775
01:33:35,920 --> 01:33:38,320
Speaker 6: they said that there was fatigue. This was the phrase

1776
01:33:38,360 --> 01:33:41,120
Speaker 6: the Americans used to me, that fatigue was setting in

1777
01:33:41,160 --> 01:33:43,599
Speaker 6: after three years. And I said, hang on, we wind

1778
01:33:43,600 --> 01:33:46,599
Speaker 6: the clock back in history to nineteen forty two. I said,

1779
01:33:46,640 --> 01:33:49,080
Speaker 6: there was a lot of people, probably in America, we're

1780
01:33:49,120 --> 01:33:51,639
Speaker 6: talking about fatigue. Then I said, you're going to give

1781
01:33:51,680 --> 01:33:54,200
Speaker 6: Hitler what he wanted after three years, because I think

1782
01:33:54,479 --> 01:33:58,160
Speaker 6: the major worry now is that Putin once he realizes

1783
01:33:58,160 --> 01:34:01,880
Speaker 6: he can get what he wants in power. I'd be

1784
01:34:01,880 --> 01:34:06,840
Speaker 6: worried if I was in Lithuania, Estonia, lat Fear these countries.

1785
01:34:07,760 --> 01:34:11,200
Speaker 3: Okay, who have just separated themselves from the Russian power

1786
01:34:11,840 --> 01:34:13,920
Speaker 3: and gone to Europe, because I guess they can see

1787
01:34:13,960 --> 01:34:17,040
Speaker 3: what's coming up. Let's talk about to England and a

1788
01:34:17,080 --> 01:34:18,479
Speaker 3: third runway at Heathrow.

1789
01:34:19,840 --> 01:34:22,960
Speaker 6: Yes, So this was the great scheme announced a few

1790
01:34:22,960 --> 01:34:25,840
Speaker 6: weeks ago by Rachel Reeves, the Chancellor or Finance Minister

1791
01:34:26,160 --> 01:34:29,120
Speaker 6: to get growth in the UK economy. What's happened now

1792
01:34:29,240 --> 01:34:32,040
Speaker 6: is the new chief executive Heathrow. He traveled up to

1793
01:34:32,920 --> 01:34:36,040
Speaker 6: Scunthorpe in the north of England. It's a steel producing town.

1794
01:34:36,080 --> 01:34:39,080
Speaker 6: It's a town built on steel production. He gave a

1795
01:34:39,080 --> 01:34:42,360
Speaker 6: major speech there and he said that he believes there

1796
01:34:42,360 --> 01:34:45,120
Speaker 6: will be flights taying taking off from a third runway

1797
01:34:45,160 --> 01:34:48,800
Speaker 6: in Heathrow within ten years. And he said to facilitate

1798
01:34:48,840 --> 01:34:51,000
Speaker 6: all of this and the extra numbers, he wants to

1799
01:34:51,000 --> 01:34:54,720
Speaker 6: expand Terminal five and Terminal two at Heathrow. And he

1800
01:34:54,840 --> 01:34:57,680
Speaker 6: signed a deal saying he will use British steel to

1801
01:34:57,720 --> 01:34:59,800
Speaker 6: do that. So at a time when there's a lot

1802
01:34:59,800 --> 01:35:03,759
Speaker 6: of ti talk about tariffs on steel by President Trump,

1803
01:35:03,880 --> 01:35:07,880
Speaker 6: this is absolutely a boost for the UK industry. But

1804
01:35:07,960 --> 01:35:10,600
Speaker 6: I think he's being very optimistic. I can't see a

1805
01:35:10,640 --> 01:35:12,599
Speaker 6: third runway at Heathrow inside a dechead.

1806
01:35:13,160 --> 01:35:15,160
Speaker 3: Okay, well, why do you need it? You've got you

1807
01:35:15,240 --> 01:35:17,200
Speaker 3: got Heathrow, you got get what you got Sten Steed.

1808
01:35:17,240 --> 01:35:19,679
Speaker 3: I mean, how many how many runways do you guys need?

1809
01:35:20,760 --> 01:35:25,519
Speaker 6: Yeah, there's Southampton, there's South End, there's Luton. Yeah, yeah, honestly,

1810
01:35:26,320 --> 01:35:28,719
Speaker 6: you know, smart people are saying here when I interview

1811
01:35:28,800 --> 01:35:31,439
Speaker 6: business leaders, they're all saying to me, you know, put

1812
01:35:31,439 --> 01:35:33,800
Speaker 6: the capacity into some of the other airports and lift

1813
01:35:33,840 --> 01:35:38,000
Speaker 6: them up Heathrow. This will never fly because you've got

1814
01:35:38,240 --> 01:35:41,080
Speaker 6: hundreds and hundreds of people's homes that you're just gonna

1815
01:35:41,080 --> 01:35:43,000
Speaker 6: have to demolish to make way for a third runway.

1816
01:35:43,000 --> 01:35:44,519
Speaker 3: Okay, well, look I can tell you what you do.

1817
01:35:44,600 --> 01:35:47,040
Speaker 3: You can put a bridges into Stanstead because I qed

1818
01:35:47,080 --> 01:35:49,240
Speaker 3: there in January once and it was freezing cold and

1819
01:35:49,240 --> 01:35:51,080
Speaker 3: I had to walk along the runway through the rain

1820
01:35:51,160 --> 01:35:53,120
Speaker 3: to get into a plane, and I thought, which country

1821
01:35:53,160 --> 01:35:53,679
Speaker 3: am I in?

1822
01:35:54,760 --> 01:35:57,439
Speaker 6: Yeah, your step count if you landed London stands, then

1823
01:35:57,560 --> 01:35:59,760
Speaker 6: check your watch after you finally got to where you

1824
01:35:59,800 --> 01:36:02,839
Speaker 6: need to be, because you've done the equivalent of half marathon.

1825
01:36:03,160 --> 01:36:03,360
Speaker 12: Yeh.

1826
01:36:05,160 --> 01:36:08,360
Speaker 3: Finally. Jim recuff Sir Jim Reccuffe and Ineos, we're no

1827
01:36:08,479 --> 01:36:10,240
Speaker 3: fans of him at the moment because he wants to

1828
01:36:10,240 --> 01:36:13,759
Speaker 3: take his money away from the Obecks with the Ineos branding. Meanwhile,

1829
01:36:13,760 --> 01:36:16,679
Speaker 3: he spent two point seven billion dollars by Manchester United

1830
01:36:16,880 --> 01:36:19,759
Speaker 3: and now he's firing everybody and the team frankly is tanking.

1831
01:36:20,880 --> 01:36:23,760
Speaker 6: Yes exactly. So we're all aware of what's going on

1832
01:36:23,800 --> 01:36:26,559
Speaker 6: with NZI Rugby. We've seen that story. No one in

1833
01:36:26,640 --> 01:36:28,840
Speaker 6: any way shocked at all this week by that, by

1834
01:36:28,880 --> 01:36:32,360
Speaker 6: the way, in Europe. Yes, so he's a local boy.

1835
01:36:32,439 --> 01:36:35,320
Speaker 6: When he took over Manchester United, everyone felt wow, a

1836
01:36:35,360 --> 01:36:39,200
Speaker 6: guy from Salesworth owning twenty eight percent of the club Salesworth,

1837
01:36:39,520 --> 01:36:43,920
Speaker 6: Greater Manchester. He's from very humble origins. He went off

1838
01:36:43,920 --> 01:36:46,759
Speaker 6: to university, he founded Ineos. He is now a multi

1839
01:36:46,840 --> 01:36:51,320
Speaker 6: multi squillionaire man United fans had high hopes when Ratcliffe

1840
01:36:51,360 --> 01:36:54,040
Speaker 6: came in. They thought, okay, locally guy, he's an actual

1841
01:36:54,200 --> 01:36:56,720
Speaker 6: United fan. He will just pump rivers of money into

1842
01:36:56,720 --> 01:36:58,840
Speaker 6: the club. He's put a lot of money in, but

1843
01:36:58,960 --> 01:37:02,479
Speaker 6: now he's making cutback. There are rumors of one hundred

1844
01:37:02,560 --> 01:37:06,320
Speaker 6: redundancies coming off the back of several hundred redundancies in

1845
01:37:06,320 --> 01:37:10,200
Speaker 6: the summer just gone one. Lady Jackie Kaye, head of

1846
01:37:10,200 --> 01:37:15,040
Speaker 6: operations at United matchdown Logistics, she got the sack this week.

1847
01:37:15,120 --> 01:37:18,479
Speaker 6: She's been at the club thirty years. Newspapers have described

1848
01:37:18,479 --> 01:37:21,720
Speaker 6: her as the oil in the man United machine, and

1849
01:37:21,840 --> 01:37:24,520
Speaker 6: Ratcliffe got rid of her. So he is utterly ruthless.

1850
01:37:24,880 --> 01:37:28,040
Speaker 6: There are cost cuttings coming. But if I was Ratcliffe,

1851
01:37:28,040 --> 01:37:29,600
Speaker 6: I'd be looking at some of the players on the

1852
01:37:29,600 --> 01:37:33,240
Speaker 6: pitch picking off half a million dollars a week enz

1853
01:37:33,800 --> 01:37:36,439
Speaker 6: to play soccer and look where they are in the league.

1854
01:37:36,520 --> 01:37:38,200
Speaker 6: Quite frankly, just not good enough.

1855
01:37:38,360 --> 01:37:41,880
Speaker 3: He blames the industrialization of Europe and he's losing money,

1856
01:37:41,920 --> 01:37:44,360
Speaker 3: and he's got five billion dollars worth of sports investments

1857
01:37:44,360 --> 01:37:46,840
Speaker 3: around the world. It's not just Menu and the old

1858
01:37:46,880 --> 01:37:50,760
Speaker 3: Beckslzenne and Switzerland is the nice club in France. I mean,

1859
01:37:51,439 --> 01:37:53,479
Speaker 3: he's in a stuck and he never start it coming,

1860
01:37:53,520 --> 01:37:54,000
Speaker 3: it seems.

1861
01:37:54,040 --> 01:37:56,400
Speaker 6: But with run Edd, Yeah, look he's down Andrew, He's

1862
01:37:56,400 --> 01:37:59,479
Speaker 6: down to his last fifty billion dollars. Give him a break.

1863
01:37:59,640 --> 01:38:02,040
Speaker 3: Come on, Andy Brady, I thank you for your time. Today,

1864
01:38:02,080 --> 01:38:03,960
Speaker 3: News talksb is coming up six to seven.

1865
01:38:05,080 --> 01:38:07,679
Speaker 1: It's the Heather Too per se allan Drive full show

1866
01:38:07,760 --> 01:38:11,400
Speaker 1: podcast on iHeartRadio powered by News Talk ZBB.

1867
01:38:12,600 --> 01:38:15,800
Speaker 3: News Talks Hepp. I'm Andrew dickism in for Ryan Bridge.

1868
01:38:15,840 --> 01:38:19,240
Speaker 3: Ryan is back on Monday. Meanwhile, Heather, it's Heather's show.

1869
01:38:19,640 --> 01:38:21,599
Speaker 3: She's back in April at the moment. It's the schedule,

1870
01:38:21,600 --> 01:38:24,160
Speaker 3: but it could be earlier. It was last time she

1871
01:38:24,160 --> 01:38:26,719
Speaker 3: had a child, and you may remember that earlier. Today

1872
01:38:26,720 --> 01:38:29,080
Speaker 3: I talked to Barry Soaper and said, look, people are

1873
01:38:29,160 --> 01:38:31,760
Speaker 3: really wanting to know some news from home about Heather

1874
01:38:31,880 --> 01:38:34,839
Speaker 3: and the new baby, Mackay and Iggy, and he's promised

1875
01:38:34,840 --> 01:38:37,080
Speaker 3: to give us an update tomorrow round about four forty five.

1876
01:38:37,160 --> 01:38:39,600
Speaker 3: So I'll see you then. Time for me to go.

1877
01:38:39,640 --> 01:38:42,519
Speaker 3: I like to thank producer Laura for being awesome, Libby

1878
01:38:42,600 --> 01:38:46,080
Speaker 3: for doing great setup, and Anthony Millicich hit every button

1879
01:38:46,080 --> 01:38:49,120
Speaker 3: perfectly today and actually did some really nifty editing. Thank

1880
01:38:49,160 --> 01:38:50,880
Speaker 3: you so much. And now he's playing some music.

1881
01:38:50,920 --> 01:38:53,040
Speaker 28: Oh thanks Andrew, that's very kind. I appreciate that you

1882
01:38:53,080 --> 01:38:56,280
Speaker 28: did a good job too. Jonahs brothers sucker to play

1883
01:38:56,360 --> 01:38:59,160
Speaker 28: us out tonight. The Jonah's brothers have put a social

1884
01:38:59,200 --> 01:39:00,800
Speaker 28: media post uff I'm just going to read you a

1885
01:39:00,800 --> 01:39:03,960
Speaker 28: bit at the start, okay, to our incredible fans. As

1886
01:39:04,000 --> 01:39:06,400
Speaker 28: a family, we have been reflecting a lot lately. It's

1887
01:39:06,439 --> 01:39:08,960
Speaker 28: been twenty years since we started this journey together. To us,

1888
01:39:08,960 --> 01:39:11,120
Speaker 28: it just feels like you stay so everyone panics because

1889
01:39:11,120 --> 01:39:13,439
Speaker 28: you're like, oh, they're splitting up, aren't they? They're splitting up.

1890
01:39:13,439 --> 01:39:15,200
Speaker 28: That's how you start the post. If you're splitting up,

1891
01:39:15,240 --> 01:39:17,479
Speaker 28: you can't split up with your brothers. Well, exactly, Well,

1892
01:39:17,520 --> 01:39:19,040
Speaker 28: and it turns out they're not even splitting up. They

1893
01:39:19,040 --> 01:39:20,519
Speaker 28: just went on to talk about aving, going to release

1894
01:39:20,520 --> 01:39:22,439
Speaker 28: a bunch of more music this year and stuff. But yeah,

1895
01:39:22,439 --> 01:39:24,880
Speaker 28: the Internet had a collective sigh of relief after they

1896
01:39:24,960 --> 01:39:28,439
Speaker 28: finished reading the post. Be more careful with your language choices.

1897
01:39:28,479 --> 01:39:28,719
Speaker 2: Please.

1898
01:39:28,840 --> 01:39:31,840
Speaker 3: You don't know right what songs this sucker, oh sucker,

1899
01:39:31,920 --> 01:39:33,639
Speaker 3: you did say that by at the beginning they had

1900
01:39:33,640 --> 01:39:36,200
Speaker 3: that big one when there were kids couldn't stand it.

1901
01:39:36,520 --> 01:39:40,280
Speaker 3: But anyway, thank you, See you tomorrow for you.

1902
01:39:46,080 --> 01:39:50,599
Speaker 1: Listen for you for more from Hither Duplessy Allen Drive.

1903
01:39:50,760 --> 01:39:54,120
Speaker 1: Listen live to news Talks it'd be from four pm weekdays,

1904
01:39:54,280 --> 01:39:56,480
Speaker 1: or follow the podcast on iHeartRadio.