1 00:00:01,720 --> 00:00:08,560 Speaker 1: The issues, the interviews and the inside Ryan Bridge new 2 00:00:08,600 --> 00:00:12,000 Speaker 1: for twenty twenty four on the early edition with Smith City, 3 00:00:12,080 --> 00:00:15,440 Speaker 1: New Zealand's furniture, Bands and a playing store newstalgs dB. 4 00:00:16,280 --> 00:00:18,320 Speaker 2: Good morning, it is six after five year old news 5 00:00:18,360 --> 00:00:21,360 Speaker 2: Talk said be welcome for four to six this morning, 6 00:00:21,360 --> 00:00:25,000 Speaker 2: our lead interview, the government apology to those abused in state. 7 00:00:25,079 --> 00:00:28,639 Speaker 2: Here is happening today. Ponterra looks like it's selling its 8 00:00:28,760 --> 00:00:32,000 Speaker 2: Anka Carpany brands, things like that. Who's going to buy them? 9 00:00:32,520 --> 00:00:36,239 Speaker 2: Plus Australia is struggling to figure out what the truth is. 10 00:00:36,640 --> 00:00:38,360 Speaker 2: I'll tell you more about that later in the show. 11 00:00:38,400 --> 00:00:43,000 Speaker 2: Plus supposedly sexist Donald Trump appoints another woman to a 12 00:00:43,080 --> 00:00:43,919 Speaker 2: top job. 13 00:00:45,640 --> 00:00:46,320 Speaker 3: The agenda. 14 00:00:46,960 --> 00:00:49,800 Speaker 2: But it's Tuesday, the tenth of November. Japan's Prime Minister 15 00:00:49,920 --> 00:00:52,960 Speaker 2: Shigeru Iseshiba will stay in the top job this after 16 00:00:53,000 --> 00:00:55,080 Speaker 2: he won a vote in parliament he was required to 17 00:00:55,120 --> 00:00:58,080 Speaker 2: have one. Remember after the election, it's been less than 18 00:00:58,080 --> 00:01:01,280 Speaker 2: thirty days. The coalition government lost the majority it held 19 00:01:01,280 --> 00:01:04,200 Speaker 2: for twelve years after that snap election that he called 20 00:01:04,319 --> 00:01:07,280 Speaker 2: bad idea that was at the start of October. But 21 00:01:07,319 --> 00:01:11,039 Speaker 2: he's held in there. Cheers in private US prison companies 22 00:01:11,080 --> 00:01:15,319 Speaker 2: have risen this after Donald Trump announced Tom Hoeman will 23 00:01:15,360 --> 00:01:18,880 Speaker 2: be in charge of all deportation of illegal aliens back 24 00:01:18,920 --> 00:01:21,680 Speaker 2: to their country of origin. This is the borders are 25 00:01:22,200 --> 00:01:25,399 Speaker 2: He's a Fox News contributor to this guy. Meanwhile, the 26 00:01:25,800 --> 00:01:27,759 Speaker 2: races on for who will be the next Senate majority 27 00:01:27,840 --> 00:01:30,520 Speaker 2: leader after Republicans flipped it in the election. Rick Scott, 28 00:01:30,640 --> 00:01:33,240 Speaker 2: he's your rich senator that Elon Musk is backing. He's 29 00:01:33,280 --> 00:01:33,680 Speaker 2: the pick. 30 00:01:33,959 --> 00:01:37,360 Speaker 4: I'm very optimistic. I believe I'm going to win, you know, 31 00:01:37,520 --> 00:01:39,959 Speaker 4: doing in corner and our friends. Here's where I bring 32 00:01:40,000 --> 00:01:44,120 Speaker 4: to the teaple. I clearly believe in the Trump agenda. 33 00:01:44,240 --> 00:01:48,120 Speaker 4: Number one. I need business guy that has success doing 34 00:01:48,200 --> 00:01:49,880 Speaker 4: exactly what we need to do in the Senate. 35 00:01:50,440 --> 00:01:53,120 Speaker 2: Sounds like he's got the job. The timing of germans 36 00:01:53,160 --> 00:01:56,520 Speaker 2: expected election could be delayed because of a lack of 37 00:01:56,640 --> 00:01:59,240 Speaker 2: paper for the ballots. We told you last week the 38 00:01:59,240 --> 00:02:02,360 Speaker 2: government collapsed up for Chancellor Ola Schultz, fied, a key minister. 39 00:02:02,600 --> 00:02:04,640 Speaker 2: If a vote of no confidence goes ahead and the 40 00:02:04,880 --> 00:02:09,360 Speaker 2: opposition once one, he'd probably lose. This means new elections 41 00:02:09,400 --> 00:02:11,720 Speaker 2: early next year. Now. The head of the Electoral Commission, 42 00:02:11,840 --> 00:02:15,800 Speaker 2: Ruth Brand, says it's bad timing because quote, we have 43 00:02:15,919 --> 00:02:18,720 Speaker 2: Christmas and then New Year, and then there might not 44 00:02:18,760 --> 00:02:21,560 Speaker 2: be enough paper available for the documents to be printed. 45 00:02:22,160 --> 00:02:24,520 Speaker 2: There has been a backlash to her comments, and Poland 46 00:02:24,560 --> 00:02:27,360 Speaker 2: has offered to sell them some paper. An eighteen year 47 00:02:27,360 --> 00:02:30,160 Speaker 2: old park worker has died while working to extinguish a 48 00:02:30,200 --> 00:02:31,160 Speaker 2: wildfire in New York. 49 00:02:31,320 --> 00:02:33,760 Speaker 5: It's heart breaking, It's very unfortunate. 50 00:02:33,919 --> 00:02:34,079 Speaker 3: You know. 51 00:02:34,919 --> 00:02:37,200 Speaker 6: Wildland fire floting is one of the most dangerous jobs 52 00:02:37,200 --> 00:02:37,840 Speaker 6: someone can have. 53 00:02:38,560 --> 00:02:40,760 Speaker 2: It's ten percent contained at the moment, burning through more 54 00:02:40,760 --> 00:02:44,639 Speaker 2: than three thousand acres, one of several wide wildfires burning 55 00:02:44,680 --> 00:02:47,840 Speaker 2: across the northeast of the United States. 56 00:02:48,200 --> 00:02:51,680 Speaker 6: Get ahead of the headlines, Ryan Bridge you for twenty 57 00:02:51,720 --> 00:02:55,359 Speaker 6: twenty four on early edition with Smith City, New Zealand, 58 00:02:55,440 --> 00:02:57,920 Speaker 6: furniture beds and a playing at store news talks. 59 00:02:57,919 --> 00:03:01,680 Speaker 2: It'd be more evidence that owes are bad and social 60 00:03:01,720 --> 00:03:04,440 Speaker 2: media is anything but social. This is a study from 61 00:03:04,520 --> 00:03:08,680 Speaker 2: Age Concern and a fifty nine percent of participants. This 62 00:03:08,800 --> 00:03:11,000 Speaker 2: is people over the age of sixty five, so nearly 63 00:03:11,080 --> 00:03:17,320 Speaker 2: sixty percent had recently felt lonely or socially isolated. Nothing 64 00:03:17,400 --> 00:03:20,360 Speaker 2: surprising there, We know older people do get lone thirty 65 00:03:20,400 --> 00:03:26,840 Speaker 2: percent experience loneliness often or always, which is sad. Seventy 66 00:03:26,960 --> 00:03:32,080 Speaker 2: five percent of lonely older adults used social media doesn't help. 67 00:03:32,680 --> 00:03:35,640 Speaker 2: In fact, if you had social media, you were more 68 00:03:35,760 --> 00:03:39,839 Speaker 2: likely to feel more lonely. So it's almost like you're 69 00:03:39,880 --> 00:03:41,960 Speaker 2: looking out the window and you can see what other 70 00:03:42,000 --> 00:03:44,440 Speaker 2: people are doing. It looks like everybody else is having 71 00:03:44,480 --> 00:03:47,800 Speaker 2: a good time, and you're sitting in there at home alone, 72 00:03:47,920 --> 00:03:50,400 Speaker 2: feeling more lonely because of it. So just throw the 73 00:03:50,440 --> 00:03:54,240 Speaker 2: phone out the window. I would say, It's funny, isn't it, 74 00:03:54,240 --> 00:03:58,120 Speaker 2: Because yesterday we talked about diabetes and how bad that is, 75 00:03:58,160 --> 00:04:02,600 Speaker 2: and the rates are going up. And we're just weird species, 76 00:04:02,600 --> 00:04:06,680 Speaker 2: aren't we. We're human beings. We're innately lazy. You know. 77 00:04:07,040 --> 00:04:09,800 Speaker 2: We give us more choice and more freedom and phones 78 00:04:09,880 --> 00:04:12,640 Speaker 2: and access to information and all the food in the world, 79 00:04:12,960 --> 00:04:15,520 Speaker 2: you know, more information, more choice, and more freedom than 80 00:04:15,560 --> 00:04:18,120 Speaker 2: we have ever had in our history. And what do 81 00:04:18,200 --> 00:04:20,680 Speaker 2: we do with the wealth and the things? We eat 82 00:04:20,720 --> 00:04:23,920 Speaker 2: ourselves to death. We stay on the couch, we look 83 00:04:23,920 --> 00:04:26,680 Speaker 2: at our screens, and we leave poor old granny to 84 00:04:26,760 --> 00:04:29,320 Speaker 2: fend for ourself. It's a sad little world we live in, 85 00:04:29,400 --> 00:04:31,839 Speaker 2: isn't it. Anyway, that's a happy thought for your Tuesday. 86 00:04:31,880 --> 00:04:37,960 Speaker 7: Ten after five, Ryan Bridge, here's some good news if 87 00:04:38,000 --> 00:04:41,120 Speaker 7: you own bitcoin, do the price is still surging after 88 00:04:41,160 --> 00:04:43,799 Speaker 7: Trump came in eighty two thousand dollars. 89 00:04:44,120 --> 00:04:46,400 Speaker 2: They have served two overnight. In addition, the dollar in 90 00:04:46,440 --> 00:04:49,720 Speaker 2: the US is still strong. Stocks are on track to 91 00:04:49,720 --> 00:04:54,000 Speaker 2: continue their record run. Shares of Tesla and Trump Media 92 00:04:54,279 --> 00:04:58,760 Speaker 2: have both risen sharply after the bell this morning over 93 00:04:58,839 --> 00:05:01,279 Speaker 2: in New York, along with the banks as well. They're 94 00:05:01,279 --> 00:05:03,720 Speaker 2: also having a good time. Eleven minutes after five, We're 95 00:05:03,720 --> 00:05:06,760 Speaker 2: going to look at that Fonterra potential sale of those 96 00:05:06,880 --> 00:05:09,000 Speaker 2: Fonterra brands. Right after this. 97 00:05:21,760 --> 00:05:25,080 Speaker 6: News and Views you trust to start your days early 98 00:05:25,240 --> 00:05:28,919 Speaker 6: edition with Ryan Bridge and Smith City, New Zealand's Furniture 99 00:05:28,920 --> 00:05:30,200 Speaker 6: Beds and a Flying Store. 100 00:05:30,360 --> 00:05:32,840 Speaker 2: News Talk said, be thirsting after five on news Talk 101 00:05:32,920 --> 00:05:34,720 Speaker 2: said b tom Holm. And the guy I mentioned just 102 00:05:34,760 --> 00:05:38,040 Speaker 2: a few minutes ago who served in Trump's last administration. 103 00:05:38,560 --> 00:05:41,800 Speaker 2: Trump has now picked him to be his quote border czar. 104 00:05:42,320 --> 00:05:45,839 Speaker 2: He's going to be responsible for deporting these so called 105 00:05:45,839 --> 00:05:49,840 Speaker 2: illegal immigrants into the United States. He has told Democrats 106 00:05:49,880 --> 00:05:52,200 Speaker 2: to get the hell out of our way. We have 107 00:05:52,279 --> 00:05:55,799 Speaker 2: a mandate to make this change, he also says, revealing 108 00:05:55,800 --> 00:05:58,240 Speaker 2: on Fox News, where he's been a contributor for about 109 00:05:58,279 --> 00:06:00,760 Speaker 2: four years. He also said on Fox News is that 110 00:06:00,960 --> 00:06:05,839 Speaker 2: he has received death threats since his job was announced overnight. 111 00:06:06,040 --> 00:06:07,800 Speaker 3: I've been often grid for three days. 112 00:06:07,839 --> 00:06:10,440 Speaker 8: It's because I couldn't handle all the phone cars and 113 00:06:10,480 --> 00:06:14,640 Speaker 8: plus of the death threst rulin. And my family's not 114 00:06:14,680 --> 00:06:17,600 Speaker 8: at home right now because that's starting. But now that's 115 00:06:17,640 --> 00:06:19,640 Speaker 8: something we're gonna deal with. The I can bully me away, 116 00:06:19,640 --> 00:06:21,120 Speaker 8: theyre I can shut me up, then I can make 117 00:06:21,160 --> 00:06:24,000 Speaker 8: me go away. This is the biggest national security vulnerability 118 00:06:24,080 --> 00:06:25,880 Speaker 8: this nation is since is ninety eleven. 119 00:06:26,080 --> 00:06:26,960 Speaker 3: We have to fix it. 120 00:06:28,680 --> 00:06:31,880 Speaker 2: Rich Fonterra has confirmed it's going to sell some consumer businesses, 121 00:06:31,960 --> 00:06:35,560 Speaker 2: including brands like Anchor, Mainland and Carpety. The sale could 122 00:06:35,560 --> 00:06:37,880 Speaker 2: potentially bring in billions for the dairy co Op put 123 00:06:37,880 --> 00:06:40,560 Speaker 2: it up to three billion. To decide how to sell 124 00:06:40,640 --> 00:06:44,640 Speaker 2: the businesses, either through a direct sale or an IPO, 125 00:06:44,920 --> 00:06:48,000 Speaker 2: all cards are kind of on the table. Matt Montgomery 126 00:06:48,160 --> 00:06:51,080 Speaker 2: is with Forsyth Bar. He's a senior analyst equities there. Matt, 127 00:06:51,120 --> 00:06:54,159 Speaker 2: good morning, come on, No, thanks for having me, Thanks 128 00:06:54,200 --> 00:06:56,680 Speaker 2: so much for being with me. First of all, who 129 00:06:56,680 --> 00:06:57,520 Speaker 2: do you think would buy this? 130 00:06:59,240 --> 00:07:02,080 Speaker 5: Yeah? Water, A lot of water's going to the bridge. 131 00:07:02,200 --> 00:07:06,920 Speaker 5: Clearly they see yesterday they've received meaningful buyer interest in 132 00:07:07,000 --> 00:07:10,960 Speaker 5: the businesses and as you mentioned, that's either through there 133 00:07:11,000 --> 00:07:13,200 Speaker 5: were trades and if that was the case, I would 134 00:07:13,240 --> 00:07:16,560 Speaker 5: expect it to be the more akin to the large 135 00:07:17,160 --> 00:07:21,600 Speaker 5: dairy companies like Nestle to known Black Palace or they 136 00:07:21,680 --> 00:07:24,280 Speaker 5: have also mentioned an IPO. And the other thing I'd 137 00:07:24,320 --> 00:07:28,680 Speaker 5: add is there could be multiple buyers that play here too. 138 00:07:28,720 --> 00:07:33,480 Speaker 5: There's every chance it's not cut into one one large sale. 139 00:07:33,520 --> 00:07:35,040 Speaker 5: There could be multiple buyers. 140 00:07:35,280 --> 00:07:38,360 Speaker 2: So you could have Meslade taking Cappity and then another 141 00:07:38,440 --> 00:07:38,920 Speaker 2: big boy. 142 00:07:38,920 --> 00:07:39,120 Speaker 7: Wow. 143 00:07:40,640 --> 00:07:43,200 Speaker 5: Maybe not quite that level of granularity, but they are 144 00:07:43,320 --> 00:07:46,480 Speaker 5: talking about Australia, then the consumer brands and some businesses 145 00:07:46,520 --> 00:07:50,120 Speaker 5: in Sri Lanka, so there are different ways that it 146 00:07:50,200 --> 00:07:50,800 Speaker 5: could be cut. 147 00:07:51,880 --> 00:07:53,840 Speaker 2: Yeah. What are the benefits of an IPO. 148 00:07:55,880 --> 00:08:00,720 Speaker 5: Yeah, I think the important thing there from a point 149 00:08:00,720 --> 00:08:04,200 Speaker 5: of view, would be able to continue to have judgment 150 00:08:04,280 --> 00:08:08,640 Speaker 5: and access of those key businesses for New Zealanders and 151 00:08:09,040 --> 00:08:14,440 Speaker 5: shareholders alike. It's clearly been a relatively denying period in 152 00:08:14,560 --> 00:08:18,160 Speaker 5: the listed market for i PO so that would be helpful. 153 00:08:18,240 --> 00:08:22,000 Speaker 5: Whereas if there was a trade salf and you could 154 00:08:22,640 --> 00:08:26,920 Speaker 5: envisage that possible buyers, there could be reasonable synergies for 155 00:08:27,120 --> 00:08:30,720 Speaker 5: those businesses through sales and distribution where they already have 156 00:08:31,640 --> 00:08:33,480 Speaker 5: quite established networks globally. 157 00:08:34,440 --> 00:08:38,520 Speaker 2: Why did we why did Fonterra, I should say, invest 158 00:08:38,679 --> 00:08:42,040 Speaker 2: in and start and purchase some of these businesses in 159 00:08:42,120 --> 00:08:43,640 Speaker 2: the first place. What was the theory? 160 00:08:46,240 --> 00:08:49,200 Speaker 5: The idea was to shift the strategy towards value our 161 00:08:49,360 --> 00:08:52,839 Speaker 5: products and to realize more value per drop of milk 162 00:08:53,280 --> 00:08:58,360 Speaker 5: for farmers. Essentially, I think ultimately, if we look back 163 00:08:58,440 --> 00:09:02,160 Speaker 5: through time, the human businesses haven't delivered the level of 164 00:09:02,400 --> 00:09:06,280 Speaker 5: returns and earnings that view that farmers and shareholders would 165 00:09:06,280 --> 00:09:10,920 Speaker 5: intimately expect. And that's a combination of challenges to operate 166 00:09:11,080 --> 00:09:13,880 Speaker 5: three different milk pools. If you think about Frontier's business 167 00:09:13,960 --> 00:09:19,120 Speaker 5: with food service, ingredients and consumer and also just lack 168 00:09:19,200 --> 00:09:22,959 Speaker 5: of scale when you're looking to launch a number of 169 00:09:23,080 --> 00:09:26,320 Speaker 5: brands and a number of different jurisdictions around the world, 170 00:09:27,240 --> 00:09:30,240 Speaker 5: it creates challenges with respect to the level the cost 171 00:09:30,280 --> 00:09:32,400 Speaker 5: space that you need to invest in the business for 172 00:09:32,520 --> 00:09:36,440 Speaker 5: the revenue that you can generate. So we think focusing 173 00:09:36,520 --> 00:09:40,680 Speaker 5: on the core business be it food service and ingredients, 174 00:09:40,679 --> 00:09:43,760 Speaker 5: as were in Frontier's Future Best Lives? 175 00:09:44,760 --> 00:09:47,280 Speaker 2: Was value add a fad because we were told, weren't 176 00:09:47,280 --> 00:09:49,520 Speaker 2: we that we needed to add value to the still 177 00:09:49,559 --> 00:09:53,160 Speaker 2: told actually we need to add value to our you know, 178 00:09:53,360 --> 00:09:56,280 Speaker 2: our commodities and order that we get ahead as a country, 179 00:09:56,360 --> 00:09:59,960 Speaker 2: et cetera. Is this shown that perhaps the experiment hasn't worked. 180 00:10:00,040 --> 00:10:03,280 Speaker 5: Yeah, I wouldn't have had the fam I mean, the 181 00:10:03,600 --> 00:10:09,080 Speaker 5: other companies have been successful. But yeah, like I say, 182 00:10:09,160 --> 00:10:12,640 Speaker 5: there is Fontierra haven't been as successful as they would 183 00:10:12,880 --> 00:10:15,360 Speaker 5: like through a number of years now. It hasn't just 184 00:10:15,440 --> 00:10:19,000 Speaker 5: been one or two challenging periods. It's been a prolonged 185 00:10:19,240 --> 00:10:23,280 Speaker 5: period of time. But it has worked for other businesses, 186 00:10:23,320 --> 00:10:28,400 Speaker 5: and that's why we see other buyers as ultimately better 187 00:10:28,480 --> 00:10:30,280 Speaker 5: owners of these brands. 188 00:10:31,120 --> 00:10:34,360 Speaker 2: Potentially three billion dollars. What happens to the money they 189 00:10:34,440 --> 00:10:34,840 Speaker 2: sell them? 190 00:10:36,120 --> 00:10:40,400 Speaker 5: Yeah? Fontierra has stated that they're targeting a significant capital 191 00:10:40,559 --> 00:10:43,839 Speaker 5: return if you look at Fontira's balance sheets, and a 192 00:10:44,040 --> 00:10:46,840 Speaker 5: very good, very good chance, as good as it ever 193 00:10:46,960 --> 00:10:51,280 Speaker 5: has been. So you know, we would expect the large, 194 00:10:51,400 --> 00:10:55,560 Speaker 5: large majority of the capital returns to ultimately be returned 195 00:10:55,600 --> 00:10:59,880 Speaker 5: to farmers through probably a special dividend of some kind. 196 00:11:01,040 --> 00:11:03,040 Speaker 2: Thanks so much for your time. Matt Montgomery, who's the 197 00:11:03,120 --> 00:11:05,959 Speaker 2: Forsyth Bar senior analyst Equities with us talking about the 198 00:11:06,160 --> 00:11:09,160 Speaker 2: sale of fon Terra's well potential sale and it would 199 00:11:09,200 --> 00:11:12,240 Speaker 2: be some time in the future, potentially a year before 200 00:11:12,280 --> 00:11:16,160 Speaker 2: this goes ahead of its consumer businesses. Brands like Anchor 201 00:11:16,240 --> 00:11:19,600 Speaker 2: Mainland Carpety are worth up to three billion bucks. Nineteen 202 00:11:19,640 --> 00:11:21,800 Speaker 2: after five, Y're on news Talks. He'd be it is 203 00:11:22,480 --> 00:11:25,720 Speaker 2: a big day Trodden Cup date in christ Church today. 204 00:11:25,720 --> 00:11:26,200 Speaker 2: We'll look at that. 205 00:11:26,240 --> 00:11:31,960 Speaker 6: Next Ryan Bridge New for twenty twenty four on early 206 00:11:32,160 --> 00:11:35,280 Speaker 6: edition with Smith City, New Zealand's furniture beds and a 207 00:11:35,360 --> 00:11:36,000 Speaker 6: playing store. 208 00:11:36,200 --> 00:11:37,359 Speaker 3: News Talk zidby. 209 00:11:37,280 --> 00:11:39,599 Speaker 2: Twenty one after five, Welcome to you Tuesday morning. A 210 00:11:39,720 --> 00:11:42,640 Speaker 2: big jet plane land in Auckland yesterday. I'll tell you 211 00:11:42,760 --> 00:11:46,120 Speaker 2: more about that shortly. Who was in it? Why is 212 00:11:46,160 --> 00:11:47,560 Speaker 2: everyone talking about it right now? 213 00:11:47,600 --> 00:11:47,760 Speaker 5: Though? 214 00:11:47,920 --> 00:11:50,560 Speaker 2: It's the New Zealand Trodden Cup date at Addington Raceway 215 00:11:50,559 --> 00:11:52,640 Speaker 2: and christ Church today. The races are a big event 216 00:11:52,720 --> 00:11:54,839 Speaker 2: in the city's calendar, with hope it'll bring in plenty 217 00:11:54,880 --> 00:11:58,160 Speaker 2: of visitors and terrorism. Jake McClellan's a christ Church counselor. 218 00:11:58,200 --> 00:12:01,280 Speaker 2: He's with us this morning. Jacob morning, good morning. How's 219 00:12:01,480 --> 00:12:03,160 Speaker 2: how's your looking? I'm good? Thank you. 220 00:12:04,720 --> 00:12:06,439 Speaker 9: Yeah, look it's it's looking like it's going to be 221 00:12:07,559 --> 00:12:12,280 Speaker 9: an all right day. But I mean, regardless, it's going 222 00:12:12,360 --> 00:12:14,280 Speaker 9: to be it's going to be a great day. Obviously, 223 00:12:15,040 --> 00:12:19,120 Speaker 9: Tuesday is the biggest, the biggest Cup and show week 224 00:12:19,200 --> 00:12:20,120 Speaker 9: event on the calendar. 225 00:12:21,720 --> 00:12:23,000 Speaker 2: It looks like it's going to be a great one. 226 00:12:23,200 --> 00:12:26,280 Speaker 2: Tell me about the races today, what's happening and who's 227 00:12:26,320 --> 00:12:27,560 Speaker 2: going to win? What's your picks? 228 00:12:27,840 --> 00:12:30,839 Speaker 9: Oh jeez, no, I'm I'm not getting down to the 229 00:12:30,920 --> 00:12:32,760 Speaker 9: races today, so I can't say I'm going to take 230 00:12:32,800 --> 00:12:33,160 Speaker 9: a punt. 231 00:12:33,240 --> 00:12:37,200 Speaker 3: I'll prospect a few, suspect a few around here at 232 00:12:37,280 --> 00:12:38,840 Speaker 3: my place. Will be we'll be watching. 233 00:12:39,920 --> 00:12:41,959 Speaker 2: What you mean, you're not going what's more important than this? 234 00:12:43,000 --> 00:12:46,439 Speaker 3: Well, well, counsel brief things unfortunately. 235 00:12:46,200 --> 00:12:46,280 Speaker 5: But. 236 00:12:48,360 --> 00:12:51,079 Speaker 2: What's your brief things about? Surely you can skive off 237 00:12:51,120 --> 00:12:51,840 Speaker 2: for the afternoon. 238 00:12:52,440 --> 00:12:54,800 Speaker 9: I think the mayor is going to skive off. He's 239 00:12:54,800 --> 00:12:56,520 Speaker 9: the only one who gets to skive off and a 240 00:12:56,600 --> 00:12:59,920 Speaker 9: teen race day. Unfortunately, we'll be we'll be watching the plot. 241 00:13:00,080 --> 00:13:01,800 Speaker 9: Make sure he's not not a way for too long. 242 00:13:02,880 --> 00:13:04,800 Speaker 3: No, look, it's it's it's. 243 00:13:04,720 --> 00:13:08,120 Speaker 9: A great event and it's a massive deal for the 244 00:13:08,320 --> 00:13:13,640 Speaker 9: Caterbury economy. Yeah, and we just hope that everyone behaves themselves. 245 00:13:14,120 --> 00:13:16,480 Speaker 2: Ah, you're a bit worried about people being a bit boozed. 246 00:13:17,320 --> 00:13:20,160 Speaker 9: It has been an issue in the past, but the 247 00:13:20,280 --> 00:13:24,000 Speaker 9: event organizers and police have made some real strides. 248 00:13:23,640 --> 00:13:24,440 Speaker 3: In recent years. 249 00:13:24,559 --> 00:13:28,719 Speaker 9: So hopefully it's a good day with not too many 250 00:13:28,760 --> 00:13:29,800 Speaker 9: perverse consequences. 251 00:13:29,920 --> 00:13:34,040 Speaker 2: What's it worth to the region, denaw to Christ It I. 252 00:13:34,080 --> 00:13:36,040 Speaker 9: Don't know off the top of my head. I mean 253 00:13:36,120 --> 00:13:40,760 Speaker 9: I think every every you know, every regional holiday has 254 00:13:41,480 --> 00:13:44,280 Speaker 9: is pretty significant in terms of as a bit of 255 00:13:44,320 --> 00:13:47,560 Speaker 9: a precursor. Well, certainly for us, it's a precursor into 256 00:13:47,640 --> 00:13:51,600 Speaker 9: that that summer spending, you know, whether it's field Days 257 00:13:51,840 --> 00:13:55,000 Speaker 9: or any other of the regional holidays. You know, it's 258 00:13:55,040 --> 00:13:58,800 Speaker 9: a big deal locally, particularly particularly given how long Cup 259 00:13:58,840 --> 00:14:02,520 Speaker 9: and Show Week go for. So yeah, it's a substantial deal. 260 00:14:02,720 --> 00:14:05,480 Speaker 2: All right, big deal. Goezy on the booze, Jake, thank you, 261 00:14:05,600 --> 00:14:08,400 Speaker 2: Jake McLellan, Christ Judge councilor. Twenty four minutes after five 262 00:14:08,480 --> 00:14:10,320 Speaker 2: News talks Hebb the early. 263 00:14:10,280 --> 00:14:14,720 Speaker 6: Edition full show podcast on Ihart Radio Power by NEWSTALKSV. 264 00:14:15,880 --> 00:14:20,280 Speaker 2: You're on news Talk Sebb. Good morning, everybody who's got 265 00:14:20,400 --> 00:14:22,520 Speaker 2: a trillion dollars to spare this morning? 266 00:14:22,640 --> 00:14:22,840 Speaker 3: Have you? 267 00:14:23,400 --> 00:14:27,520 Speaker 2: That's the value of our new climate change tab from 268 00:14:27,640 --> 00:14:31,440 Speaker 2: COP twenty nine. The Climate change conference this year, all 269 00:14:31,520 --> 00:14:35,480 Speaker 2: the officials, the politicians, the experts, the industry, every man 270 00:14:35,600 --> 00:14:39,560 Speaker 2: and his dog has foun to Azerbaijan to lecture everybody 271 00:14:39,680 --> 00:14:43,040 Speaker 2: not in the room about climate change. And they're already 272 00:14:43,120 --> 00:14:46,200 Speaker 2: cranking the classics through the stage speakers. We're at a 273 00:14:46,280 --> 00:14:50,280 Speaker 2: turning point, the Paris Agreements at a crucial tipping point 274 00:14:50,480 --> 00:14:53,240 Speaker 2: because Donald Trump's going to pull out, even though we've 275 00:14:53,320 --> 00:14:55,760 Speaker 2: been through this crucial tipping point before. Last time he 276 00:14:55,960 --> 00:15:00,040 Speaker 2: was in our house, is burning all the classics. This 277 00:15:00,160 --> 00:15:02,920 Speaker 2: is the problem with COP insert number here. No one 278 00:15:03,040 --> 00:15:06,160 Speaker 2: really listens. Every year they make the same pilgrimage and 279 00:15:06,240 --> 00:15:08,640 Speaker 2: give the same speech, and every year we shrug our 280 00:15:08,680 --> 00:15:11,840 Speaker 2: shoulders and wonder why doesn't the number ever match the year? 281 00:15:11,920 --> 00:15:15,840 Speaker 2: Shouldn't it be COP twenty four? Oh well, back to 282 00:15:15,920 --> 00:15:19,280 Speaker 2: them all for another coffee at Robert Harris. I also 283 00:15:19,320 --> 00:15:22,040 Speaker 2: need to pick up some presents from Kmart for the 284 00:15:22,080 --> 00:15:25,720 Speaker 2: grandkids this Christmas. Things to do. If the definition of 285 00:15:25,800 --> 00:15:28,440 Speaker 2: insanity is doing the same thing every year, over and 286 00:15:28,560 --> 00:15:30,800 Speaker 2: over and expecting a different result, than these guys are 287 00:15:30,880 --> 00:15:35,560 Speaker 2: beyond nuts. The big push this year is finance. They 288 00:15:35,680 --> 00:15:38,960 Speaker 2: wanted rich country supposedly like ours, to pay one hundred 289 00:15:39,000 --> 00:15:41,200 Speaker 2: billion dollars a year to poor countries to stop them 290 00:15:41,240 --> 00:15:44,200 Speaker 2: from burning coal and adapting to climate change by twenty twenty. 291 00:15:44,280 --> 00:15:46,840 Speaker 2: Well we missed that goal, and now they want a 292 00:15:46,960 --> 00:15:51,600 Speaker 2: trillion dollars a year. That's one thousand billion, or four 293 00:15:51,720 --> 00:15:55,680 Speaker 2: Elon musks. Despite all the talk and flying around in 294 00:15:55,800 --> 00:15:59,080 Speaker 2: threats and end of day's speeches, global emissions went up 295 00:15:59,440 --> 00:16:05,160 Speaker 2: last year, reaching record levels. Do we care about climate change? Yes, 296 00:16:05,800 --> 00:16:08,360 Speaker 2: enough to change our habits in a major way. No, 297 00:16:09,080 --> 00:16:12,360 Speaker 2: we keep electing leaders to fix other things like inflation, 298 00:16:12,920 --> 00:16:16,480 Speaker 2: and until that changes, or all of our houses actually 299 00:16:16,720 --> 00:16:20,000 Speaker 2: do catch fire, will be at them all down at 300 00:16:20,040 --> 00:16:25,600 Speaker 2: Robert Harris not listening to Azerbaijan Ryan Bridge on twenty 301 00:16:25,640 --> 00:16:27,720 Speaker 2: eight minutes after five. We'd love your feedback this morning. 302 00:16:27,800 --> 00:16:30,680 Speaker 2: Nine two is the number to text Donald Demyo coming 303 00:16:30,720 --> 00:16:33,840 Speaker 2: to us from Australia shortly Australia's pursuing an AI and 304 00:16:33,960 --> 00:16:39,560 Speaker 2: social media regulation. Also having trouble discerning what the truth is, 305 00:16:40,280 --> 00:16:43,600 Speaker 2: which is crucial because they're currently doing a misinformation disinformation 306 00:16:43,720 --> 00:16:46,800 Speaker 2: bill through Parliament. We'll talk about that plus the abuse 307 00:16:46,880 --> 00:16:49,760 Speaker 2: in state care apology at two o'clock this afternoon. 308 00:17:30,920 --> 00:17:33,399 Speaker 6: The news you need this morning, and the in depth 309 00:17:33,400 --> 00:17:37,399 Speaker 6: analysis Early edition with Ryan Bridge and Smith City New 310 00:17:37,520 --> 00:17:40,840 Speaker 6: Zealand's furniture bids and applying store News Talk sid. 311 00:17:40,720 --> 00:17:50,440 Speaker 2: B Good Morning New Zealand. It is twenty four minutes 312 00:17:50,480 --> 00:17:52,760 Speaker 2: away from six year on News Talk, said b Donald. Tomorrow, 313 00:17:52,840 --> 00:17:55,920 Speaker 2: our Australia correspondent is with us in just a few moments. Also, 314 00:17:56,080 --> 00:17:59,959 Speaker 2: Jim Goodwin, he's an abuse survivor. That big apology going 315 00:18:00,080 --> 00:18:02,840 Speaker 2: down at Parliament today. What will it mean for the victims. 316 00:18:02,920 --> 00:18:05,560 Speaker 2: We'll talk about that. We were just talking about COP 317 00:18:05,680 --> 00:18:08,600 Speaker 2: twenty nine. This is the Climate change conference. It's taking 318 00:18:08,640 --> 00:18:12,840 Speaker 2: place in Azerbaijan. Guess who's not there. Greta Thunburg. She 319 00:18:13,000 --> 00:18:16,720 Speaker 2: wanted to protest outside the conference, but she can't get 320 00:18:16,800 --> 00:18:20,200 Speaker 2: into Azerbaijan because they closed the land borders and she 321 00:18:20,320 --> 00:18:22,200 Speaker 2: doesn't want to fly. I think they closed the land 322 00:18:22,280 --> 00:18:24,640 Speaker 2: borders on purpose, so all of the protesters wouldn't come. 323 00:18:25,240 --> 00:18:28,640 Speaker 2: But the thing with Greta is she was hard enough 324 00:18:28,720 --> 00:18:30,840 Speaker 2: to hear the message the first time round. But now 325 00:18:31,000 --> 00:18:33,600 Speaker 2: she's expanded her causes this. She's written a piece for 326 00:18:33,680 --> 00:18:37,479 Speaker 2: The Guardian. She's talking not just about climate change now, 327 00:18:37,560 --> 00:18:44,400 Speaker 2: but about genocides, ecosides, famines, wars, colonialism, rising inequalities, escalating 328 00:18:44,480 --> 00:18:48,639 Speaker 2: climate collapse. They're all interconnected crises that reinforce each other 329 00:18:48,760 --> 00:18:52,280 Speaker 2: and lead to unimaginable suffering. I'm sorry. Too many things 330 00:18:52,359 --> 00:18:56,560 Speaker 2: on the go, Greta. You lost me at Ecoside. Too 331 00:18:56,600 --> 00:18:58,560 Speaker 2: many things on the go. Twenty three away from six 332 00:18:59,119 --> 00:19:02,119 Speaker 2: Ryan Bridge. Let's got a Colum Proctor who's in Dunedin 333 00:19:02,160 --> 00:19:05,520 Speaker 2: this morning. Colen, Good morning morning, right City Council is 334 00:19:05,520 --> 00:19:09,200 Speaker 2: there expecting to get an update today? This investigation into 335 00:19:09,280 --> 00:19:11,000 Speaker 2: the chief executive. What's happening? 336 00:19:13,600 --> 00:19:17,840 Speaker 10: Okay, So I'm just switching to that story. It's a 337 00:19:18,000 --> 00:19:21,480 Speaker 10: very good question that you ask. So this is about 338 00:19:21,600 --> 00:19:27,280 Speaker 10: Sandy Graham, who has previously apologized to a staff member 339 00:19:27,320 --> 00:19:32,000 Speaker 10: following an investigation by a King's Council. The scope of 340 00:19:32,040 --> 00:19:35,800 Speaker 10: the investigation into Graham's being kept quiet. The ODT those 341 00:19:35,880 --> 00:19:39,600 Speaker 10: reporting the Council refused to disclose the terms of reference. 342 00:19:40,000 --> 00:19:42,359 Speaker 10: An extraordinary meeting, closed to the public is due to 343 00:19:42,400 --> 00:19:45,119 Speaker 10: be held by the Council at four this afternoon. The 344 00:19:45,240 --> 00:19:48,280 Speaker 10: agenda refers to an update from a decision making committee. 345 00:19:48,359 --> 00:19:50,359 Speaker 2: All right, okay, we'll wait till we get an update 346 00:19:50,440 --> 00:19:53,680 Speaker 2: later on this afternoon. How's where they come? Fine and 347 00:19:53,760 --> 00:19:56,440 Speaker 2: fifteen today brilliant, Thank you Claires and christ Church clear 348 00:19:56,560 --> 00:19:59,439 Speaker 2: Cup Day in christ Church and the tickets cheaper than 349 00:19:59,480 --> 00:19:59,920 Speaker 2: ever before. 350 00:20:00,600 --> 00:20:02,880 Speaker 11: Yes, Ryan, big day here in christ Church. And yes 351 00:20:02,960 --> 00:20:05,920 Speaker 11: the tickets are cheaper. In fact, tickets have almost halved 352 00:20:06,080 --> 00:20:08,560 Speaker 11: in cost. That decision was made a little while ago. 353 00:20:08,600 --> 00:20:11,720 Speaker 11: They've dropped from forty dollars to twenty five. Of course, 354 00:20:11,800 --> 00:20:14,360 Speaker 11: Cup Day is very much a highlight of our calendar 355 00:20:14,400 --> 00:20:18,360 Speaker 11: here Racing, Entertainment, fashion, the whole lot. The Addington Raceway 356 00:20:18,440 --> 00:20:21,359 Speaker 11: CEO Brian Thompson says the decision about dropping the cost 357 00:20:21,560 --> 00:20:24,960 Speaker 11: to get into Cup Day was about improving accessibility. It 358 00:20:25,080 --> 00:20:27,480 Speaker 11: certainly looks to have paid off. He says that GA 359 00:20:27,680 --> 00:20:30,600 Speaker 11: sales are up about ten percent. He thinks it's about 360 00:20:30,640 --> 00:20:33,520 Speaker 11: Cantabrian's wanting a reason to dress up and celebrate and 361 00:20:33,600 --> 00:20:35,600 Speaker 11: the ticket prices have allowed a lot more people to 362 00:20:35,680 --> 00:20:37,560 Speaker 11: do that. Of course, it is the one hundred and 363 00:20:37,640 --> 00:20:40,840 Speaker 11: twenty first running of the Trotting Cup today. For those interested, 364 00:20:40,960 --> 00:20:44,399 Speaker 11: last year's winner, Australian horse Swayze, is the favorite. The 365 00:20:44,520 --> 00:20:47,520 Speaker 11: gates open at eleven this morning. The big one, the 366 00:20:47,600 --> 00:20:50,639 Speaker 11: Trotting Cup itself, runs at five forty six pm. 367 00:20:50,920 --> 00:20:53,560 Speaker 2: All right, sounds good. How's the weather for the Cup? 368 00:20:54,000 --> 00:20:55,840 Speaker 11: Well, it will be a little cloudy to start, but 369 00:20:55,920 --> 00:20:58,560 Speaker 11: that should clear to find. Northeasterlies will pick up from 370 00:20:58,600 --> 00:21:01,480 Speaker 11: around midday and be fresh for a time this afternoon. 371 00:21:01,720 --> 00:21:03,479 Speaker 11: The high those seventeen. 372 00:21:03,200 --> 00:21:05,600 Speaker 2: Nice one, enjoy it clear. Let's go to mex Toll 373 00:21:05,760 --> 00:21:09,440 Speaker 2: in Wellington. Mes Lindsay McKenzie, the Crown of Zuvera, who's 374 00:21:09,480 --> 00:21:12,800 Speaker 2: being named sounds like a pretty sensible choice. Sensible. 375 00:21:12,880 --> 00:21:15,360 Speaker 12: Yeah, there were calls for someone more, I guess high 376 00:21:15,400 --> 00:21:18,200 Speaker 12: profile at least in terms of the media spotlight. But 377 00:21:18,920 --> 00:21:21,879 Speaker 12: Lindsay McKenzie, the former Chief executive of the Tasman District 378 00:21:22,000 --> 00:21:27,520 Speaker 12: Council Gisbon District Council, now appointed to oversee Wellington's dysfunctional 379 00:21:27,600 --> 00:21:32,280 Speaker 12: city Council. Minister Simeon Brown specifically pointing to mackenzie support 380 00:21:32,320 --> 00:21:35,280 Speaker 12: of the Invercargo City Council when it was having problems 381 00:21:35,320 --> 00:21:38,720 Speaker 12: of its own. Apparently he's good with numbers, good with finances, 382 00:21:39,600 --> 00:21:42,199 Speaker 12: and not before time. Mert Tori Fano, expressing the need 383 00:21:42,280 --> 00:21:46,000 Speaker 12: to appoint someone quickly once that initial decision was made. 384 00:21:46,640 --> 00:21:49,520 Speaker 12: She's coming on incidentally, Nick Mills on Wellington Mornings after 385 00:21:49,600 --> 00:21:52,200 Speaker 12: ten this morning. The problem at the city council obviously 386 00:21:52,240 --> 00:21:54,159 Speaker 12: the long term plan being thrown out the window with 387 00:21:54,240 --> 00:21:57,800 Speaker 12: the backtracking on selling airport shares, also councilors walking out 388 00:21:57,840 --> 00:22:02,600 Speaker 12: of meetings, heated meetings, dispute on advice, whether the advice 389 00:22:02,720 --> 00:22:06,720 Speaker 12: counselors were getting was fair and balanced. Mackenzie gets to 390 00:22:06,760 --> 00:22:09,120 Speaker 12: council tomorrow. He'll be there until next July. 391 00:22:09,600 --> 00:22:12,000 Speaker 2: Yeah, it was interesting timing seven months in the job 392 00:22:12,040 --> 00:22:14,640 Speaker 2: and then we'll basically be at election times, so he'll 393 00:22:14,680 --> 00:22:16,480 Speaker 2: be there and holding their hand to get them through 394 00:22:16,520 --> 00:22:19,000 Speaker 2: the election. How's the weather today. 395 00:22:19,240 --> 00:22:23,040 Speaker 12: Yeah, exactly, mostly fine. Today's southerly's getting up to twenty brilliant. 396 00:22:23,080 --> 00:22:25,720 Speaker 2: Thank you, Max Navas and Auckland Neva. Good morning morning. 397 00:22:26,119 --> 00:22:28,840 Speaker 2: Now the hospitality sector there's stoked with all of the 398 00:22:29,040 --> 00:22:31,359 Speaker 2: concerts that have been going on exactly. 399 00:22:31,480 --> 00:22:33,959 Speaker 13: You know, they reckon, there's a wave of energy here 400 00:22:34,000 --> 00:22:35,880 Speaker 13: in Auckland. I think so too. There's a really cool 401 00:22:36,000 --> 00:22:38,880 Speaker 13: vibe this week weare there's warm, a lot of people 402 00:22:38,960 --> 00:22:41,879 Speaker 13: going and obviously we're talking about Pearl Jam playing the 403 00:22:41,920 --> 00:22:45,520 Speaker 13: two shows last week, and cold Play have got three 404 00:22:45,600 --> 00:22:48,320 Speaker 13: shows at Eden Park the first tomorrow. Are you going? 405 00:22:48,560 --> 00:22:50,159 Speaker 2: No, I'm not going either, and. 406 00:22:50,520 --> 00:22:52,600 Speaker 13: Producer Lego we must be the only three people in 407 00:22:52,680 --> 00:22:56,280 Speaker 13: Auckland not going. I know so many people going to 408 00:22:56,359 --> 00:22:58,480 Speaker 13: one of those concerts, and you know the hotels have 409 00:22:58,600 --> 00:23:01,680 Speaker 13: booked out. Steve Armata now he's a hospitality in Zed 410 00:23:02,359 --> 00:23:05,199 Speaker 13: chief executive, and he says, look, as we know these events, 411 00:23:05,240 --> 00:23:08,680 Speaker 13: he liked the life bloodline of the bars and cafes, 412 00:23:08,720 --> 00:23:11,400 Speaker 13: and we need all that money for accommodation. Bloody blah 413 00:23:11,440 --> 00:23:13,280 Speaker 13: blah blah, he says, investment in line. 414 00:23:14,520 --> 00:23:15,000 Speaker 3: Do you like that? 415 00:23:15,359 --> 00:23:20,879 Speaker 2: Bloody blah blah blah ah, renting and raving and so these. 416 00:23:20,800 --> 00:23:23,960 Speaker 13: Live performances, he reckons. Recent research shows that for every 417 00:23:24,000 --> 00:23:27,320 Speaker 13: dollar invested in live shows returns three dollars twenty There there. 418 00:23:27,160 --> 00:23:30,639 Speaker 2: You go, interestingly, for people who are coming to Auckland 419 00:23:30,720 --> 00:23:33,680 Speaker 2: for these concerts. Yes, how's your flights going? Nine to 420 00:23:33,880 --> 00:23:36,560 Speaker 2: nine to the numbers? Text My family came up, my 421 00:23:36,960 --> 00:23:40,119 Speaker 2: sister in law and brother in law. Yeah, came up 422 00:23:40,240 --> 00:23:43,359 Speaker 2: for the Pearl Jam and had to drive through the 423 00:23:43,480 --> 00:23:46,119 Speaker 2: night because the flight was canceled from Parmeston North, the 424 00:23:46,320 --> 00:23:48,960 Speaker 2: last flight out of Palmiston North there, So they had 425 00:23:48,960 --> 00:23:51,080 Speaker 2: to drive through the night to get to Auckland. And 426 00:23:51,160 --> 00:23:53,600 Speaker 2: I just wonder we're there. New Zealand's issues with its 427 00:23:53,680 --> 00:23:57,240 Speaker 2: planes and its engines and stuff? How many? How expensive 428 00:23:57,359 --> 00:24:00,119 Speaker 2: is it to get here? And are you have having 429 00:24:00,200 --> 00:24:03,880 Speaker 2: problems with flight cancelations? Is everyone driving you know, midnight 430 00:24:03,920 --> 00:24:04,720 Speaker 2: through the desert road? 431 00:24:04,880 --> 00:24:08,080 Speaker 13: Oh my gosh, well that probably is that name because 432 00:24:08,119 --> 00:24:10,520 Speaker 13: they were saying O blo blah blah blah. 433 00:24:14,119 --> 00:24:18,280 Speaker 6: What got news reader International correspondence with ends in eye 434 00:24:18,320 --> 00:24:20,720 Speaker 6: insurance peace of mind for New Zealand business. 435 00:24:21,320 --> 00:24:24,480 Speaker 2: According to text on newsbook, deb it is Tuesday morning, 436 00:24:24,560 --> 00:24:27,080 Speaker 2: Donald to mays Our, Australia correspondent on a good morning, 437 00:24:27,440 --> 00:24:30,359 Speaker 2: Good morning, is elbow pecking a fight with Trump over 438 00:24:30,480 --> 00:24:31,160 Speaker 2: social media? 439 00:24:32,480 --> 00:24:33,920 Speaker 5: Kind of but not really. 440 00:24:34,280 --> 00:24:36,359 Speaker 2: No, it's a case of what am I making this 441 00:24:36,440 --> 00:24:37,920 Speaker 2: story sound more interesting than it is. 442 00:24:39,440 --> 00:24:41,680 Speaker 14: It's a case of what happens next, isn't it really 443 00:24:41,760 --> 00:24:44,119 Speaker 14: there's all questions being asked in the aftermath of that 444 00:24:44,520 --> 00:24:49,680 Speaker 14: election win. So Australia is I suppose reassuring the federal government, 445 00:24:49,720 --> 00:24:52,439 Speaker 14: I should say, is trying to reassure the Australian public 446 00:24:52,560 --> 00:24:57,800 Speaker 14: that it will still pursue AI regulation, social media regulation, 447 00:24:58,320 --> 00:25:02,280 Speaker 14: despite as it says that Trump administration opposing it. It's 448 00:25:02,320 --> 00:25:04,919 Speaker 14: going to push through with these regulations in these areas. 449 00:25:04,960 --> 00:25:07,959 Speaker 14: And we heard from the Industry Minister, Ed Husseick. Now 450 00:25:08,000 --> 00:25:11,399 Speaker 14: the minister says that he needs to reassure Australians that 451 00:25:12,480 --> 00:25:15,280 Speaker 14: he and his government will pursue what it calls the 452 00:25:15,840 --> 00:25:20,320 Speaker 14: national priorities. And we know that Trump is promising to 453 00:25:20,520 --> 00:25:23,639 Speaker 14: roll back AI regulation while Australia is saying we are 454 00:25:23,720 --> 00:25:28,080 Speaker 14: going to develop. The federal government says what they've described 455 00:25:28,080 --> 00:25:31,640 Speaker 14: as guard rails for high risk uses of AI. For instance, 456 00:25:31,880 --> 00:25:36,320 Speaker 14: there's going to be some new laws and also they're 457 00:25:36,359 --> 00:25:40,040 Speaker 14: looking at their social media policies as well, and the 458 00:25:40,119 --> 00:25:43,240 Speaker 14: minister says the public expects action in these fields. He says, 459 00:25:43,560 --> 00:25:47,640 Speaker 14: where possible, Australia will work with other countries. But if 460 00:25:47,720 --> 00:25:50,800 Speaker 14: we need to it will be localized and that will 461 00:25:50,880 --> 00:25:53,600 Speaker 14: be pursued and to quote the Minister, we need to 462 00:25:53,760 --> 00:25:56,320 Speaker 14: take these steps necessary so that people can have the 463 00:25:56,440 --> 00:26:00,480 Speaker 14: confidence to actually use AI into the future. Are very 464 00:26:00,520 --> 00:26:01,640 Speaker 14: interesting comments to be made. 465 00:26:01,760 --> 00:26:03,840 Speaker 2: What type of guard rails are they talking about? 466 00:26:04,119 --> 00:26:08,000 Speaker 14: How do you're afraid you'd ask that things like being 467 00:26:08,040 --> 00:26:12,640 Speaker 14: able to have human intervention and oversight. For instance, when 468 00:26:12,720 --> 00:26:14,280 Speaker 14: we are using AR, you. 469 00:26:14,280 --> 00:26:17,119 Speaker 2: Want, of course, you want a human if it starts, 470 00:26:17,280 --> 00:26:19,959 Speaker 2: you know, I don't know if the computer starts fizzing, 471 00:26:20,080 --> 00:26:22,680 Speaker 2: blowing up or shooting people. You want a human to 472 00:26:22,680 --> 00:26:23,560 Speaker 2: be able to press the button and. 473 00:26:23,600 --> 00:26:26,640 Speaker 14: Turn it off, not to sensationalize in any way. 474 00:26:26,560 --> 00:26:31,040 Speaker 2: Shape or forn. Hey, Australia's first Anti slavery Commission has 475 00:26:31,080 --> 00:26:31,720 Speaker 2: been appointed. 476 00:26:31,800 --> 00:26:32,240 Speaker 3: What is this? 477 00:26:32,840 --> 00:26:34,679 Speaker 14: This is a very serious matter. Of course, there's an 478 00:26:34,760 --> 00:26:38,240 Speaker 14: estimated forty one thousand people living in modern slavery in 479 00:26:38,280 --> 00:26:42,000 Speaker 14: Australia and so we have heard from the government and 480 00:26:42,000 --> 00:26:45,120 Speaker 14: they've appointed the former Labor Senator Chris Evans, and he's 481 00:26:45,160 --> 00:26:50,560 Speaker 14: going to address these exploitative practices. We're talking about deceptive recruiting, 482 00:26:50,640 --> 00:26:53,520 Speaker 14: we're talking about debt bondage, we are talking about forced marriages, 483 00:26:53,840 --> 00:26:57,080 Speaker 14: human trafficking and forced labor. It's a five year term 484 00:26:57,160 --> 00:27:00,399 Speaker 14: for the former Immigration and Workplace Relations Minister. And we 485 00:27:00,440 --> 00:27:03,000 Speaker 14: also heard from the Attorney General who said that of course, 486 00:27:03,480 --> 00:27:07,760 Speaker 14: modern slavery deprives the victim of the dignity, fundamental rights 487 00:27:07,880 --> 00:27:08,680 Speaker 14: and freedom. 488 00:27:08,960 --> 00:27:11,040 Speaker 2: All right, Donald, thank you very much for that. Donald. 489 00:27:11,040 --> 00:27:15,080 Speaker 2: To our Australia correspondent. It is seven sorry, twelve minutes 490 00:27:15,080 --> 00:27:19,119 Speaker 2: away from six Bridge. The Government's national apology to victims 491 00:27:19,119 --> 00:27:21,920 Speaker 2: of abuse in state care will take place today. It 492 00:27:22,040 --> 00:27:24,439 Speaker 2: comes along with a bill with a raft of new 493 00:27:24,600 --> 00:27:27,560 Speaker 2: changes for protecting people that are currently in state care, 494 00:27:28,000 --> 00:27:30,800 Speaker 2: which will pass its first reading today. It'll ban strip 495 00:27:30,920 --> 00:27:35,280 Speaker 2: searches of children and youth justice facilities. It'll create harsher 496 00:27:35,480 --> 00:27:39,040 Speaker 2: restrictions for people working with kids and enforce better record 497 00:27:39,160 --> 00:27:42,840 Speaker 2: keeping by government agencies, which has been a key theme 498 00:27:43,359 --> 00:27:47,560 Speaker 2: or a failure, I should say, of those who've submitted 499 00:27:47,640 --> 00:27:50,560 Speaker 2: on the Royal Commission, Jim Goodwin is an abuse survivor. 500 00:27:50,600 --> 00:27:53,800 Speaker 2: He's with us this morning. Jim, good morning, Good morning, Ron. 501 00:27:53,960 --> 00:27:59,160 Speaker 2: Thank you for being with me. How are you feeling today, Ah, nervous? 502 00:28:00,040 --> 00:28:01,040 Speaker 5: Are you thinking about it? 503 00:28:01,320 --> 00:28:05,560 Speaker 3: Yeah? This is this is a huge thing. For a 504 00:28:05,720 --> 00:28:06,840 Speaker 3: huge number of people. 505 00:28:08,880 --> 00:28:10,840 Speaker 2: Yeah, why nervous. 506 00:28:12,240 --> 00:28:18,280 Speaker 3: Ah, I hope they don't stuff it up. The potential 507 00:28:18,480 --> 00:28:23,520 Speaker 3: for a government to make yet more mistakes around survivors 508 00:28:23,600 --> 00:28:26,119 Speaker 3: and around care is massive. 509 00:28:27,320 --> 00:28:31,160 Speaker 2: Stuff up the apology or stuff up now the ones 510 00:28:31,160 --> 00:28:32,520 Speaker 2: who are currently in care. 511 00:28:33,280 --> 00:28:35,560 Speaker 3: That they won't stuff up the apology that will be 512 00:28:35,960 --> 00:28:42,400 Speaker 3: that will be well done, I think, But continuing to provide, 513 00:28:42,720 --> 00:28:46,520 Speaker 3: how will they provide support for survivors and what will 514 00:28:46,560 --> 00:28:49,520 Speaker 3: they do about preventing abuse and care in the future. 515 00:28:49,680 --> 00:28:50,960 Speaker 3: That's what I'm worried about. 516 00:28:51,880 --> 00:28:54,960 Speaker 2: The compensation issue. There's been some criticism that they haven't 517 00:28:55,000 --> 00:28:58,320 Speaker 2: got that sorted before the apology. Does that bother you 518 00:28:58,520 --> 00:29:00,480 Speaker 2: or are you more worried about them doing it right 519 00:29:00,560 --> 00:29:01,160 Speaker 2: when they do it. 520 00:29:02,440 --> 00:29:06,360 Speaker 3: Conversation is important, but it's only part of what survivors need. 521 00:29:08,000 --> 00:29:12,360 Speaker 3: Survivors need to be able to access ongoing support, like 522 00:29:12,480 --> 00:29:19,520 Speaker 3: counseling support for their lives, and that's quite difficult for 523 00:29:19,600 --> 00:29:21,760 Speaker 3: a lot of survivors at the moment. So I hope 524 00:29:21,800 --> 00:29:25,560 Speaker 3: that the government will change that. But conversation is only 525 00:29:25,600 --> 00:29:26,120 Speaker 3: a part of it. 526 00:29:26,840 --> 00:29:29,720 Speaker 2: Yeah, that's fair enough for those who have been abused 527 00:29:29,880 --> 00:29:33,320 Speaker 2: in state care or in faith based institutions in a school, 528 00:29:33,400 --> 00:29:37,200 Speaker 2: stuff like that, who have then gone on to offend. 529 00:29:38,840 --> 00:29:42,240 Speaker 2: What is your view on that? Because the society is 530 00:29:42,440 --> 00:29:46,000 Speaker 2: grappling with this question right about somebody who's been abused 531 00:29:46,120 --> 00:29:48,920 Speaker 2: It was there nothing to do with their not their fault. 532 00:29:48,960 --> 00:29:51,560 Speaker 2: They were placed in a situation and they go on 533 00:29:51,680 --> 00:29:55,080 Speaker 2: to offend. Do they get should they get more leniency? 534 00:29:55,160 --> 00:29:56,280 Speaker 2: What do you have a view on that? 535 00:30:00,400 --> 00:30:06,640 Speaker 3: It's offending abuse as a factor in offending, maybe some 536 00:30:06,840 --> 00:30:11,440 Speaker 3: people should get leniency. Unfortunately, the bad people also claim 537 00:30:11,560 --> 00:30:13,800 Speaker 3: that they have had a terrible life and that's why 538 00:30:13,840 --> 00:30:18,360 Speaker 3: they've offended. What would be better is to provide people 539 00:30:18,400 --> 00:30:21,760 Speaker 3: who have been abuse with support. And I'm thinking I 540 00:30:21,920 --> 00:30:26,000 Speaker 3: mentioned counseling before and that will reduce the risk of offending. 541 00:30:26,960 --> 00:30:28,240 Speaker 3: I treated its source. 542 00:30:28,520 --> 00:30:31,280 Speaker 2: Not at the other end, what about boot camps? 543 00:30:31,840 --> 00:30:37,640 Speaker 3: That terrible idea, terrible idea never worked, will never work, 544 00:30:38,160 --> 00:30:40,480 Speaker 3: based on a false premise that you can knock people 545 00:30:40,560 --> 00:30:42,600 Speaker 3: into shape, a really bad idea. 546 00:30:42,960 --> 00:30:44,400 Speaker 2: What do we do with these kids then? 547 00:30:46,560 --> 00:30:52,280 Speaker 3: If possible, well, if possible, we should work prodigiously to 548 00:30:52,440 --> 00:30:55,720 Speaker 3: keep them at home. Even if their home is pretty wonky, 549 00:30:55,760 --> 00:30:58,200 Speaker 3: it's still the home. It's what they know so you 550 00:30:58,360 --> 00:31:02,160 Speaker 3: work to port the faros, support the people who care 551 00:31:02,240 --> 00:31:08,000 Speaker 3: about them, and try to keep people at home. Institutions 552 00:31:08,040 --> 00:31:10,240 Speaker 3: should be an absolute last resort. 553 00:31:11,680 --> 00:31:14,320 Speaker 2: Your abuse took place at Christ's College back in the 554 00:31:14,400 --> 00:31:17,640 Speaker 2: nineteen seventies and it was from other students. Yeah, what 555 00:31:17,960 --> 00:31:20,400 Speaker 2: do you want to say to the people who abused you. 556 00:31:21,920 --> 00:31:27,240 Speaker 3: Ah, they know who they are, they know what they did. Yeah, 557 00:31:27,320 --> 00:31:29,680 Speaker 3: they can live with it. Jim. 558 00:31:30,000 --> 00:31:30,440 Speaker 2: I've gone on. 559 00:31:32,000 --> 00:31:33,200 Speaker 3: I've gone on to live my life. 560 00:31:34,240 --> 00:31:36,120 Speaker 2: Jim. Jim, thank you very much for your time this morning. 561 00:31:36,120 --> 00:31:39,760 Speaker 2: I really appreciate it. Okay, thank you, Jim Goodwin their 562 00:31:39,800 --> 00:31:43,040 Speaker 2: abuse survivor the apology happening at Parliament this afternoon. 563 00:31:44,760 --> 00:31:47,680 Speaker 6: The first word on the News of the Day early 564 00:31:47,840 --> 00:31:51,479 Speaker 6: edition with Ryan Bridge and Smith City, New Zealand's furniture 565 00:31:51,560 --> 00:31:55,440 Speaker 6: Beds and a player store, new talk sticks. 566 00:31:54,520 --> 00:31:56,840 Speaker 2: Away from sex. Lots of text about the flight from 567 00:31:56,920 --> 00:32:00,080 Speaker 2: Palmerston North to Auckland a family member of mine. It 568 00:32:00,200 --> 00:32:02,320 Speaker 2: was canceled at the last minute. There's all these concerts 569 00:32:02,400 --> 00:32:05,640 Speaker 2: going on in Auckland and because of the aircraft issues 570 00:32:05,760 --> 00:32:08,520 Speaker 2: and some engineering issues, flights are getting canceled and people 571 00:32:08,560 --> 00:32:11,560 Speaker 2: are driving through the night. Ryan. My return flight to 572 00:32:11,600 --> 00:32:15,040 Speaker 2: Auckland from Wellington this Thursday, costing me seven point fifty return. 573 00:32:16,040 --> 00:32:18,240 Speaker 2: The last flight out of Palmston North says another is 574 00:32:18,720 --> 00:32:23,400 Speaker 2: notoriously unreliable known. I've known several people on different occasions 575 00:32:23,440 --> 00:32:25,040 Speaker 2: that will be canceled that we're on that flight. So 576 00:32:25,200 --> 00:32:26,920 Speaker 2: there's a song in that. The last flight out of 577 00:32:26,960 --> 00:32:32,440 Speaker 2: Pami to Australia. Albanize's misinformation bill that we've spoken about 578 00:32:32,480 --> 00:32:37,200 Speaker 2: before missing some quite crucial information and that is how 579 00:32:37,320 --> 00:32:39,640 Speaker 2: you tell what is truth and what is not truth. 580 00:32:40,160 --> 00:32:42,120 Speaker 2: So the idea is that they set up this bill 581 00:32:42,720 --> 00:32:46,480 Speaker 2: and they will empower the federal authorities to force the 582 00:32:46,560 --> 00:32:50,080 Speaker 2: tech giants to act on alerts about damaging falsehoods or 583 00:32:50,240 --> 00:32:53,200 Speaker 2: lies on the internet. The lawyers who have submitted on 584 00:32:53,280 --> 00:32:55,880 Speaker 2: this bill say, actually, how do you tell what is 585 00:32:55,920 --> 00:32:57,720 Speaker 2: truth and what is not truth? The bill does not 586 00:32:57,800 --> 00:33:00,520 Speaker 2: address that. So there's some problems there are away from 587 00:33:00,560 --> 00:33:02,520 Speaker 2: six Now Mike's here next, Hey, Mike morning. 588 00:33:02,880 --> 00:33:06,200 Speaker 15: The numbers came out yesterday on reliability of planes and 589 00:33:06,360 --> 00:33:09,280 Speaker 15: so here's your problem with facts. The problem is they 590 00:33:09,480 --> 00:33:13,640 Speaker 15: only do the competitive roots Auckland, Wellington, Christy, et cetera, Queenstown. 591 00:33:14,280 --> 00:33:17,280 Speaker 15: They don't do international So the stories you hear, and 592 00:33:17,520 --> 00:33:19,280 Speaker 15: I've heard as many stories as you have, and we 593 00:33:19,360 --> 00:33:21,280 Speaker 15: all know the stories there were. Stories you hear are 594 00:33:21,400 --> 00:33:24,600 Speaker 15: the regional New Zealand stories, which they don't measure because 595 00:33:24,600 --> 00:33:27,840 Speaker 15: there's no competition in the market, and they don't measure internationally. 596 00:33:27,920 --> 00:33:29,880 Speaker 15: Hear a lot of international stories about planes. I mean, 597 00:33:29,880 --> 00:33:31,640 Speaker 15: I had to buy a bloke, for example, who was 598 00:33:31,720 --> 00:33:33,360 Speaker 15: leaving on the one o'clock to Sydney the other day 599 00:33:33,400 --> 00:33:35,560 Speaker 15: but didn't leave until seven o'clock and that's not uncommon, 600 00:33:35,920 --> 00:33:36,720 Speaker 15: so that's a hang on. 601 00:33:36,800 --> 00:33:40,520 Speaker 2: So in New Zealand doesn't measure like a parmy all. 602 00:33:40,600 --> 00:33:43,320 Speaker 15: No, no, because there's no competition, so there's nothing to measure. 603 00:33:43,400 --> 00:33:45,400 Speaker 15: So when you look at the cancelation, it's down at 604 00:33:45,440 --> 00:33:48,360 Speaker 15: one point something percent. In other words, most planes take 605 00:33:48,440 --> 00:33:50,440 Speaker 15: off on time and land on time. 606 00:33:50,720 --> 00:33:51,920 Speaker 2: Sounds like misinformation. 607 00:33:52,280 --> 00:33:55,800 Speaker 15: Well it's lacking the full detail, is what I'm saying. 608 00:33:55,840 --> 00:33:58,120 Speaker 15: Christopher Luxean's on this morning on the head of the 609 00:33:58,480 --> 00:34:00,480 Speaker 15: Apology this afternoon, and look. 610 00:34:00,360 --> 00:34:03,720 Speaker 2: Forward to Mike's next see tomorrow, veryone, Have a great day. 611 00:34:11,800 --> 00:34:14,719 Speaker 6: For more from Early edition with Ryan Bridge, listen live 612 00:34:14,880 --> 00:34:17,840 Speaker 6: to News Talks. It be from five am weekdays, or 613 00:34:17,960 --> 00:34:20,880 Speaker 6: follow the podcast on iHeartRadio m HM