1 00:00:01,040 --> 00:00:05,200 Speaker 1: The issues, the interviews and the insight. Ryan Bridge on 2 00:00:05,440 --> 00:00:08,399 Speaker 1: earlier this show with one roof love where you live 3 00:00:08,880 --> 00:00:09,480 Speaker 1: News Talks. 4 00:00:09,520 --> 00:00:12,200 Speaker 2: It'd be good morning six five. Great to have your company. 5 00:00:12,240 --> 00:00:15,280 Speaker 2: It's Taco Tuesday for Trump oils under one hundred dollars 6 00:00:15,360 --> 00:00:17,959 Speaker 2: a barrel. We'll look at the fuel standards changed before six. 7 00:00:18,040 --> 00:00:20,840 Speaker 2: Leslie's in Australia for us D on Nation T twenty 8 00:00:20,880 --> 00:00:23,239 Speaker 2: plus Fonterra. What is not to like? 9 00:00:25,200 --> 00:00:26,759 Speaker 3: The agenda today. 10 00:00:26,440 --> 00:00:28,800 Speaker 2: Twenty fourth to March. So Trump's checking out on heading 11 00:00:28,800 --> 00:00:30,040 Speaker 2: Aram's power plants. 12 00:00:30,200 --> 00:00:32,680 Speaker 4: They're not going to have a nuclear weapon. That's number one. 13 00:00:33,000 --> 00:00:35,199 Speaker 4: That's number one, two and three. They will never have 14 00:00:35,240 --> 00:00:36,120 Speaker 4: a nuclear weapon. 15 00:00:36,800 --> 00:00:37,639 Speaker 5: They've agreed to that. 16 00:00:38,159 --> 00:00:41,360 Speaker 2: So they've delayed it by five days. This threat apparently 17 00:00:41,840 --> 00:00:43,920 Speaker 2: after he had a chat with Taran a though Taran 18 00:00:44,000 --> 00:00:45,800 Speaker 2: says we never spoke to them, and by. 19 00:00:45,720 --> 00:00:47,840 Speaker 4: The way, they're just not committed when they say I'm sure, 20 00:00:47,840 --> 00:00:50,400 Speaker 4: they don't mend that when somebody. 21 00:00:50,080 --> 00:00:51,760 Speaker 3: Says, oh, I didn't know you, we were. 22 00:00:51,600 --> 00:00:53,840 Speaker 4: Talking last night, and I'm sure they have a lack 23 00:00:53,840 --> 00:00:58,440 Speaker 4: of communication, which is appropriate considerably blew up. In addition 24 00:00:58,520 --> 00:01:04,240 Speaker 4: to their Navy airport, every division, their radar also blew 25 00:01:04,319 --> 00:01:07,440 Speaker 4: up all of their anti aircraft and communication. 26 00:01:07,640 --> 00:01:09,480 Speaker 2: Just get it over with to New York we go 27 00:01:09,560 --> 00:01:11,880 Speaker 2: now where pilots are dead, two of them after an 28 00:01:11,880 --> 00:01:15,120 Speaker 2: Air Canaida plane collided with a fire truck at LaGuardia Airport. 29 00:01:15,560 --> 00:01:19,120 Speaker 2: Flight actually landed safely, all was well from Montreal and 30 00:01:19,160 --> 00:01:20,680 Speaker 2: then the crash happened on the ground. 31 00:01:21,000 --> 00:01:23,720 Speaker 5: Is anticipated that the airport will be closed at least 32 00:01:23,800 --> 00:01:30,240 Speaker 5: until two pm this afternoon to facilitate the investigation by NTSB, 33 00:01:30,440 --> 00:01:34,560 Speaker 5: which has already begun to be on safe Let's. 34 00:01:34,400 --> 00:01:37,600 Speaker 2: Go to the UK North London, four ambulances linked to 35 00:01:37,640 --> 00:01:40,640 Speaker 2: a Jewish charity set on fire. They're not saying it's 36 00:01:40,760 --> 00:01:43,480 Speaker 2: terrorism at this stage, but there's some people online apparently 37 00:01:43,520 --> 00:01:44,240 Speaker 2: saying we did it. 38 00:01:44,319 --> 00:01:48,120 Speaker 6: The investigation is now being led by counter terrorism policing 39 00:01:48,640 --> 00:01:51,760 Speaker 6: with all the specialist expertise they bring, and all lines 40 00:01:51,800 --> 00:01:53,040 Speaker 6: of inquiry remain. 41 00:01:53,600 --> 00:01:54,040 Speaker 3: His starm. 42 00:01:54,200 --> 00:01:56,760 Speaker 7: This is not just an attack on the Jewish community, 43 00:01:56,760 --> 00:02:00,600 Speaker 7: but it's attacked on all of this, on everyone who 44 00:02:00,640 --> 00:02:04,360 Speaker 7: holds the fundamental British values of tolerance and respect. 45 00:02:06,400 --> 00:02:09,520 Speaker 1: Get ahead of the headlines on an early edition with 46 00:02:09,760 --> 00:02:13,800 Speaker 1: Ryan Bridge and one roof Love, where you live us talks. 47 00:02:13,840 --> 00:02:16,760 Speaker 2: That'd be ninety two is the number to text. Would 48 00:02:16,760 --> 00:02:19,080 Speaker 2: love to hear from you this morning. And council rates. 49 00:02:19,080 --> 00:02:21,760 Speaker 2: Has anyone else noticed that council seemed just in the 50 00:02:21,840 --> 00:02:25,440 Speaker 2: last couple of weeks at least I've picked up on this. 51 00:02:25,840 --> 00:02:28,320 Speaker 2: Councils seem to have seen the light on spending, like 52 00:02:28,440 --> 00:02:30,960 Speaker 2: not fully seen the light come to Jesus going to 53 00:02:31,040 --> 00:02:33,639 Speaker 2: church every Sunday, but they're at least saying a few prayers. 54 00:02:34,720 --> 00:02:38,840 Speaker 2: Masterton yesterday is dropping their rates hike from six and 55 00:02:38,880 --> 00:02:41,640 Speaker 2: a half percent down to five point two percent. Still 56 00:02:41,639 --> 00:02:43,720 Speaker 2: too high. Don't get me wrong, I'm not like jumping 57 00:02:43,760 --> 00:02:46,880 Speaker 2: out of my seat. But Wellington, if they go ahead 58 00:02:46,919 --> 00:02:50,040 Speaker 2: with the savings that they've proposed, would be seven point 59 00:02:50,080 --> 00:02:53,720 Speaker 2: four percent down from twelve point seven, so basically half 60 00:02:53,760 --> 00:02:57,760 Speaker 2: the increase. How have they done this? What magical fairy 61 00:02:57,840 --> 00:03:02,239 Speaker 2: dust have they used? Well rigor savings? To quote the 62 00:03:02,280 --> 00:03:04,840 Speaker 2: Wellington group that came up with it. Now, if you 63 00:03:04,919 --> 00:03:07,000 Speaker 2: had asked them to look into their souls and figure 64 00:03:07,000 --> 00:03:09,920 Speaker 2: out what they could save even a few months ago, 65 00:03:11,080 --> 00:03:13,560 Speaker 2: they would, you know, one of those glitzy conferences that 66 00:03:13,600 --> 00:03:17,000 Speaker 2: they have for mayors and for local government officials or 67 00:03:17,120 --> 00:03:19,240 Speaker 2: a year ago you would have got a very different 68 00:03:19,280 --> 00:03:21,639 Speaker 2: answer now. Of course I've had local elections since then, 69 00:03:22,560 --> 00:03:27,440 Speaker 2: but has much really changed? And the most important question 70 00:03:28,160 --> 00:03:30,720 Speaker 2: is anyone dead on the street because of it? Would 71 00:03:30,760 --> 00:03:35,000 Speaker 2: anyone notice a reduction in their services? Unless they're coming 72 00:03:35,040 --> 00:03:37,680 Speaker 2: for your weekly rubbish collection then you would, But would 73 00:03:37,720 --> 00:03:40,720 Speaker 2: anybody notice? And this is happening in Fungaday a proposal 74 00:03:41,360 --> 00:03:45,160 Speaker 2: that the library wasn't open on Sunday outside the old 75 00:03:45,200 --> 00:03:49,320 Speaker 2: bookworm who you know didn't get there on Saturday. Besides, 76 00:03:49,720 --> 00:03:51,480 Speaker 2: don't you need a day to read the books? 77 00:03:52,240 --> 00:03:52,440 Speaker 8: You know? 78 00:03:52,480 --> 00:03:55,000 Speaker 2: Does it need to be open every day? This stuff 79 00:03:55,040 --> 00:03:57,920 Speaker 2: blows my mind. All the government had to do was 80 00:03:57,920 --> 00:04:02,680 Speaker 2: basically whisper rates, and they're all cutting like there's no tomorrow, 81 00:04:02,720 --> 00:04:05,200 Speaker 2: and it makes a total mockery of their refusal to 82 00:04:05,200 --> 00:04:08,520 Speaker 2: do so. From the outset, Ryan Bridge soon after five 83 00:04:08,600 --> 00:04:10,600 Speaker 2: nine two nine two is the numbers text. I'd love 84 00:04:10,600 --> 00:04:13,720 Speaker 2: to hear from you and we will get to Fonterra 85 00:04:13,840 --> 00:04:15,560 Speaker 2: that great result yesterday next. 86 00:04:16,480 --> 00:04:20,320 Speaker 1: On your radio and online on iheard Radio early Edition 87 00:04:20,640 --> 00:04:24,240 Speaker 1: with Ryan Bridge and one roof Love where you live 88 00:04:24,560 --> 00:04:25,159 Speaker 1: news talks. 89 00:04:25,160 --> 00:04:27,479 Speaker 2: I'd been five twelve so a little bit of good 90 00:04:27,520 --> 00:04:30,400 Speaker 2: news goes a long way. Wall streets rallying this morning, 91 00:04:30,400 --> 00:04:35,000 Speaker 2: all three indexes were up. Brent crude futures fell under 92 00:04:35,040 --> 00:04:37,159 Speaker 2: one hundred dollars a barrel for the first time in 93 00:04:37,240 --> 00:04:39,080 Speaker 2: like to KNOWERO a week. I mean it has been 94 00:04:39,120 --> 00:04:41,640 Speaker 2: pretty topsy two, hasn't it, but down ten percent. Last 95 00:04:41,680 --> 00:04:44,640 Speaker 2: time I checked it was about ninety six dollars. Here's 96 00:04:44,720 --> 00:04:47,440 Speaker 2: why the prices won't plummet though to what happened the 97 00:04:47,520 --> 00:04:50,120 Speaker 2: prices that we had before the war. Because before the 98 00:04:50,160 --> 00:04:52,640 Speaker 2: war we were trading at about seventy dollars a barrel, 99 00:04:53,240 --> 00:04:55,720 Speaker 2: and the analysts and the bankers, they've come out and said, 100 00:04:55,839 --> 00:04:58,480 Speaker 2: at a minimum, we would be trading at seventy five 101 00:04:58,520 --> 00:05:00,799 Speaker 2: dollars a barrel at the end of day year, even 102 00:05:00,839 --> 00:05:04,839 Speaker 2: if you get the golf open, because the energy infrastructure 103 00:05:04,920 --> 00:05:08,320 Speaker 2: in the sorry to get the straight open, the energy 104 00:05:08,360 --> 00:05:10,760 Speaker 2: assets in the golf have been damaged, and that's going 105 00:05:10,800 --> 00:05:13,720 Speaker 2: to add to the cost. Also, there is a risk 106 00:05:13,800 --> 00:05:16,480 Speaker 2: premium at the moment that you know, the extra money 107 00:05:17,000 --> 00:05:20,840 Speaker 2: that you will pay for oil now because of FOMO 108 00:05:21,000 --> 00:05:23,279 Speaker 2: fear that you won't be able to get it into 109 00:05:23,320 --> 00:05:26,240 Speaker 2: the future. That is adding to the cost and to 110 00:05:26,279 --> 00:05:28,480 Speaker 2: the price that we will that we are paying, and 111 00:05:28,520 --> 00:05:31,320 Speaker 2: that we will keep paying. They reckon through till at 112 00:05:31,360 --> 00:05:33,159 Speaker 2: least the end of the year, no matter what Trump 113 00:05:33,200 --> 00:05:36,640 Speaker 2: decides to do with his now five day deadline. 114 00:05:36,680 --> 00:05:37,880 Speaker 3: Bread Bread strong. 115 00:05:37,640 --> 00:05:40,120 Speaker 2: Result from from Teria is today seven hundred and fifty 116 00:05:40,200 --> 00:05:44,400 Speaker 2: million profit beating expectations up on last year. Four cast 117 00:05:44,440 --> 00:05:46,840 Speaker 2: milk price up. Just don't mention the war. 118 00:05:47,320 --> 00:05:49,039 Speaker 6: These are and from results and there's a lot of 119 00:05:49,080 --> 00:05:52,200 Speaker 6: destruction in glovel markers we will have to contend with 120 00:05:52,279 --> 00:05:53,160 Speaker 6: on the second half. 121 00:05:53,360 --> 00:05:56,520 Speaker 2: John Stevenson, cher Fonterra Cooperative Council joins me this morning. 122 00:05:56,520 --> 00:05:59,760 Speaker 2: Morning John, Good morning, Yin. What's not to like with that? 123 00:06:01,040 --> 00:06:03,600 Speaker 9: Oh, not very much. It's certainly a really strong performance 124 00:06:03,600 --> 00:06:07,839 Speaker 9: from our cooperative Ryan, as he mentioned, both forecast farmgate 125 00:06:07,839 --> 00:06:11,280 Speaker 9: milk price and earnings up and a good return for 126 00:06:11,440 --> 00:06:14,040 Speaker 9: farmers on the capital they've got invested in Fonterra. 127 00:06:14,240 --> 00:06:16,279 Speaker 2: Yeah, that inter and dividend would that be up there 128 00:06:16,279 --> 00:06:17,440 Speaker 2: with the highest. 129 00:06:17,720 --> 00:06:20,720 Speaker 9: It's certainly the highest that I can find. Ryan not 130 00:06:21,160 --> 00:06:22,880 Speaker 9: willing to fully commit to that, will do a bit 131 00:06:22,880 --> 00:06:25,240 Speaker 9: more work on that, but in my research, it's the 132 00:06:25,320 --> 00:06:25,840 Speaker 9: highest that I. 133 00:06:25,800 --> 00:06:30,480 Speaker 2: Can find mainland. How much of the overall result yesterday 134 00:06:30,600 --> 00:06:32,960 Speaker 2: was down to mainland? In other words, how much will 135 00:06:33,040 --> 00:06:34,800 Speaker 2: you be missing out on once it's gone. 136 00:06:36,000 --> 00:06:41,160 Speaker 9: So the mainland performance of Fonterra paying farmers an additional 137 00:06:41,200 --> 00:06:44,599 Speaker 9: sixteen cents per year and recognition of the performance of Mainland. 138 00:06:44,600 --> 00:06:47,560 Speaker 9: But it's important to note that you know there's no 139 00:06:47,960 --> 00:06:53,159 Speaker 9: retained earnings in that or depreciation emortalization. The return on 140 00:06:53,200 --> 00:06:56,520 Speaker 9: capital from that mainland group was nine percent. That's historically 141 00:06:56,560 --> 00:07:00,839 Speaker 9: quite strong for that group. Ingredients returned eleven percent and 142 00:07:00,920 --> 00:07:05,240 Speaker 9: food service twelve point six percent, so strong performance, that's 143 00:07:05,240 --> 00:07:08,039 Speaker 9: still well behind the other two groups within the business. 144 00:07:08,120 --> 00:07:11,280 Speaker 2: I was reading about tip Top yesterday, just what's happened 145 00:07:11,280 --> 00:07:14,600 Speaker 2: to Tiptop since it was sold off and their earnings 146 00:07:14,720 --> 00:07:19,280 Speaker 2: trebled basically because it was sold to somebody who specializes 147 00:07:19,360 --> 00:07:21,600 Speaker 2: in that area and they can make more money out 148 00:07:21,640 --> 00:07:24,800 Speaker 2: of it. So probably the same will happen with Mainland, 149 00:07:24,800 --> 00:07:27,600 Speaker 2: I would assume. But it's just not an area that 150 00:07:27,680 --> 00:07:30,880 Speaker 2: Fonterra can get more juice out the leman of. 151 00:07:32,080 --> 00:07:34,280 Speaker 9: Yeah, and I think it's important that you actually you 152 00:07:34,400 --> 00:07:38,200 Speaker 9: recognize the expertise of different businesses and those consumer businesses 153 00:07:38,200 --> 00:07:41,520 Speaker 9: are really capital intensive. Owners have to employ a lot 154 00:07:41,520 --> 00:07:44,840 Speaker 9: of capital in them. Fonterra is a really big business 155 00:07:44,880 --> 00:07:49,240 Speaker 9: with a really successful ingredients and food service. It's really 156 00:07:49,280 --> 00:07:52,280 Speaker 9: hard in a co oper to get to raise capital 157 00:07:52,320 --> 00:07:55,680 Speaker 9: to invest the appropriate amount across all three channels. So 158 00:07:56,200 --> 00:07:58,440 Speaker 9: we've been through quite the process on that. But that's 159 00:07:58,440 --> 00:08:00,400 Speaker 9: seen the acknowledge what you've said there on. 160 00:08:00,320 --> 00:08:03,640 Speaker 2: A scale of one to ten, John, the war how worried. 161 00:08:04,640 --> 00:08:07,800 Speaker 9: Our farmers are certainly certainly worried, and you know, who 162 00:08:07,840 --> 00:08:09,680 Speaker 9: knows how long this is going to last. For one, 163 00:08:10,560 --> 00:08:14,440 Speaker 9: I understand that Fontira has got a degree of concern 164 00:08:14,480 --> 00:08:17,320 Speaker 9: around the uncertain team. And obviously we export more than 165 00:08:17,400 --> 00:08:20,480 Speaker 9: ninety five percent of our product overseas, so it will 166 00:08:20,560 --> 00:08:23,560 Speaker 9: have some impact that. I think the key thing for 167 00:08:23,640 --> 00:08:27,200 Speaker 9: us as farmers is seeing what Fonterira, how Fonterra deals 168 00:08:27,200 --> 00:08:30,200 Speaker 9: with it. We've got strong partnerships with Katai to make 169 00:08:30,200 --> 00:08:32,719 Speaker 9: sure our products get to market. But when you look 170 00:08:32,720 --> 00:08:36,720 Speaker 9: at a non farm level, things like fertilizer, fuel, maybe 171 00:08:36,760 --> 00:08:40,120 Speaker 9: interest rates as well, they'll have an impact. You know. 172 00:08:40,240 --> 00:08:42,800 Speaker 9: Certainly I was talking to a contractor just down the 173 00:08:42,880 --> 00:08:45,040 Speaker 9: road yesterday. They're using one hundred and thirty thousand letter 174 00:08:45,120 --> 00:08:49,000 Speaker 9: the diesel months, so it's pretty material impact on that 175 00:08:49,080 --> 00:08:50,000 Speaker 9: small business. 176 00:08:50,240 --> 00:08:53,280 Speaker 2: John, appreciate your time this morning, John Stevenson cher Fonterra 177 00:08:53,400 --> 00:08:56,880 Speaker 2: Cooperative Council. It is seventeen minutes after five. Ryan Bread 178 00:08:57,080 --> 00:08:59,800 Speaker 2: just on that fertilizer companies. So what's happened is over 179 00:08:59,800 --> 00:09:02,040 Speaker 2: the last week while as the Strait has been closed, 180 00:09:02,040 --> 00:09:04,840 Speaker 2: a lot of fertilizer comes through there and so you've 181 00:09:04,840 --> 00:09:10,400 Speaker 2: seen US companies who do fertilizer gaining in value. And 182 00:09:10,600 --> 00:09:14,160 Speaker 2: what's happened overnight is we'll see IF industries as one, 183 00:09:14,240 --> 00:09:18,199 Speaker 2: for example, they're down six percent because they had benefited 184 00:09:18,240 --> 00:09:20,400 Speaker 2: from the fact that the Middle East was cut off 185 00:09:21,360 --> 00:09:24,080 Speaker 2: with nitrogen fertilizers not able to get through. Now that 186 00:09:24,080 --> 00:09:27,560 Speaker 2: Trump is doing a bit of a Taco Tuesday, they 187 00:09:27,679 --> 00:09:31,480 Speaker 2: are down in value. Seventeen after five, Will talk Don 188 00:09:31,559 --> 00:09:32,800 Speaker 2: Nash and t twenty. 189 00:09:32,559 --> 00:09:36,760 Speaker 1: Next Views and Views you trust to start your day. 190 00:09:37,080 --> 00:09:41,679 Speaker 1: It's earlier ship with Bryan Bridge and one roof Love where. 191 00:09:41,520 --> 00:09:42,720 Speaker 3: You live News talks. 192 00:09:42,760 --> 00:09:45,640 Speaker 2: That'd be five twenty. John says if Trump's claim that 193 00:09:45,720 --> 00:09:47,920 Speaker 2: there have been talks with Iran turned out to be 194 00:09:47,920 --> 00:09:50,839 Speaker 2: a total fabrication. Would it be the first time? John? 195 00:09:51,000 --> 00:09:54,080 Speaker 2: The question crossed my mind this morning. Who do I 196 00:09:54,200 --> 00:09:58,400 Speaker 2: believe Iran or Trump? Isn't that terrible? 197 00:09:58,640 --> 00:09:58,800 Speaker 3: Who? 198 00:09:59,240 --> 00:10:02,240 Speaker 2: Who's proper? And am I believing today? The White House 199 00:10:02,800 --> 00:10:06,120 Speaker 2: or Tehran? This is Starma. He's under a bit of 200 00:10:06,120 --> 00:10:09,839 Speaker 2: pressure over this initial response to the wars up before 201 00:10:09,840 --> 00:10:11,000 Speaker 2: a committee over in the UK. 202 00:10:11,559 --> 00:10:14,319 Speaker 10: So we could even stop one hundred and fifty kilometers 203 00:10:14,320 --> 00:10:17,720 Speaker 10: from Perile drone from getting through to hipping a sovereign 204 00:10:17,800 --> 00:10:21,400 Speaker 10: based in Cyprus. This mats of a lack of war 205 00:10:21,480 --> 00:10:25,280 Speaker 10: fighting mentality that reaches right across the government. 206 00:10:25,400 --> 00:10:29,960 Speaker 2: In other words, you're just a bunch of weaklings. Ryan Bridge, right, 207 00:10:30,160 --> 00:10:33,360 Speaker 2: official Big Bash is dead. Yesterday inzed C made the 208 00:10:33,400 --> 00:10:35,880 Speaker 2: decision it wants to move ahead with an n Z 209 00:10:36,080 --> 00:10:39,199 Speaker 2: twenty and as a result, board member d On Nash resigns. 210 00:10:39,520 --> 00:10:41,520 Speaker 2: Question now is how quickly they can get this new 211 00:10:41,520 --> 00:10:44,839 Speaker 2: thing off the ground. Alex Powell, Herald Sports journalists with 212 00:10:44,920 --> 00:10:45,400 Speaker 2: us this morning. 213 00:10:45,400 --> 00:10:47,120 Speaker 3: Morning Alex, morning Ryan. 214 00:10:47,320 --> 00:10:50,600 Speaker 2: A good decision for them or the right decision from them? 215 00:10:51,040 --> 00:10:51,240 Speaker 11: Yeah? 216 00:10:51,360 --> 00:10:54,120 Speaker 12: Look, I absolutely think it is the right decision. You 217 00:10:54,200 --> 00:10:56,480 Speaker 12: see go back to the sort of the stolden era 218 00:10:56,559 --> 00:11:00,320 Speaker 12: of New Zealand cricket that's started in what twenty eighteen, 219 00:11:00,320 --> 00:11:03,319 Speaker 12: twenty fourteen, that really stemmed from Brenda McCullum and Mike 220 00:11:03,400 --> 00:11:06,520 Speaker 12: Kessen's idea that Hew Zealand needed to be more like 221 00:11:06,600 --> 00:11:08,520 Speaker 12: New zunder and less like Australia. So I mean, in 222 00:11:08,640 --> 00:11:11,800 Speaker 12: that sense, I think you couldn't really ask for a 223 00:11:11,800 --> 00:11:14,800 Speaker 12: better call than to go on our own rather than 224 00:11:14,840 --> 00:11:16,199 Speaker 12: try and join the big bash. 225 00:11:16,320 --> 00:11:19,600 Speaker 2: Were you surprised or not surprised to see Dion Nash leaving? 226 00:11:19,640 --> 00:11:21,640 Speaker 2: I had a look at the statement yesterday. I mean 227 00:11:21,679 --> 00:11:23,040 Speaker 2: it's all obviously related. 228 00:11:24,040 --> 00:11:26,800 Speaker 12: Yeah, it was sort of known behind the scenes that 229 00:11:26,920 --> 00:11:29,920 Speaker 12: Dion Nash was the one board member that really was 230 00:11:30,000 --> 00:11:33,640 Speaker 12: against in zere twenty. You know that you'd think that 231 00:11:34,120 --> 00:11:36,319 Speaker 12: you're speaking to Don McKinnon yesterday he was saying that 232 00:11:36,360 --> 00:11:38,760 Speaker 12: they could really have been in the sosition about you know, 233 00:11:38,800 --> 00:11:41,840 Speaker 12: a few months ago, but the board was committed to 234 00:11:41,880 --> 00:11:44,560 Speaker 12: seeing out the whole process after the delete review. So 235 00:11:44,640 --> 00:11:47,200 Speaker 12: in that sense, it's not really a surprise to see 236 00:11:47,240 --> 00:11:49,760 Speaker 12: On fall on his sword. If he doesn't want to know, 237 00:11:49,760 --> 00:11:51,760 Speaker 12: if it doesn't align with his ears, then. 238 00:11:51,640 --> 00:11:52,839 Speaker 9: He as well in his rights. 239 00:11:53,240 --> 00:11:55,160 Speaker 12: The sort of pulpen, what's. 240 00:11:54,920 --> 00:11:57,560 Speaker 2: The story with a female version of in zed twenty? 241 00:11:59,440 --> 00:12:01,960 Speaker 12: I mean, so the ends of twenty has always been 242 00:12:02,640 --> 00:12:05,240 Speaker 12: both leagues, the men's and the women's league. The men's 243 00:12:05,280 --> 00:12:08,800 Speaker 12: league is going to launch first, well as I mean 244 00:12:08,840 --> 00:12:11,160 Speaker 12: they want to launch first in January twenty twenty seven. 245 00:12:12,080 --> 00:12:14,600 Speaker 12: The women's league was always going to launch in January 246 00:12:14,880 --> 00:12:18,760 Speaker 12: or sorry, in December that year, but worst case scenario, 247 00:12:18,760 --> 00:12:20,360 Speaker 12: the men will be January twenty twenty eight. 248 00:12:21,559 --> 00:12:21,800 Speaker 11: Yeah. 249 00:12:21,880 --> 00:12:25,080 Speaker 12: Look, the opportunities for women in franchise career are so 250 00:12:25,960 --> 00:12:28,360 Speaker 12: fewer than what they are in men's You think the 251 00:12:28,400 --> 00:12:30,920 Speaker 12: men's leagues is about sort of what ten twelve in 252 00:12:30,960 --> 00:12:33,800 Speaker 12: the world. The women's there's about four, with the fifth 253 00:12:33,840 --> 00:12:36,120 Speaker 12: ones launched next month. So I think it is absolutely 254 00:12:36,160 --> 00:12:39,000 Speaker 12: vital that the women do get the opportunity to have 255 00:12:39,160 --> 00:12:40,079 Speaker 12: this league at home. 256 00:12:40,440 --> 00:12:42,560 Speaker 2: Alex, can you just paint a picture for me what 257 00:12:42,720 --> 00:12:46,160 Speaker 2: exactly will the cricket scene look like in New Zealand? 258 00:12:46,280 --> 00:12:48,439 Speaker 2: How different will it be once there's competition and this 259 00:12:48,520 --> 00:12:49,360 Speaker 2: leg's up and running. 260 00:12:50,160 --> 00:12:50,400 Speaker 9: Yeah. 261 00:12:50,600 --> 00:12:53,199 Speaker 12: I think that has been the thing that's really seen 262 00:12:53,280 --> 00:12:55,480 Speaker 12: a lot of older fans not get on board of it. 263 00:12:56,440 --> 00:12:58,840 Speaker 12: The way cricket's moving now is just so fast and 264 00:12:58,880 --> 00:13:01,720 Speaker 12: so different to anything that we know. But this does 265 00:13:01,760 --> 00:13:05,199 Speaker 12: happen all in all around the world. So what it 266 00:13:05,240 --> 00:13:08,440 Speaker 12: will look like is sort of every January just becomes 267 00:13:08,520 --> 00:13:11,040 Speaker 12: for the man who's blocked off to become a franchise, 268 00:13:11,080 --> 00:13:13,600 Speaker 12: competition and international who has played around that, and then 269 00:13:13,600 --> 00:13:15,680 Speaker 12: that's sort of November December window's for the woman. 270 00:13:17,080 --> 00:13:19,720 Speaker 2: Appreciate your time. Alex Powerherold sports journalists with us this 271 00:13:19,760 --> 00:13:22,440 Speaker 2: morning reacting to the news that the NZ Sea is 272 00:13:22,480 --> 00:13:25,320 Speaker 2: going with NZ twenty twenty three minutes after five. Now, 273 00:13:26,679 --> 00:13:29,320 Speaker 2: by the way, Hastarma over in the UK was also 274 00:13:29,920 --> 00:13:33,000 Speaker 2: he's sort of warning against any comfort you might take 275 00:13:33,040 --> 00:13:35,440 Speaker 2: from an idea that the war might even quickly have 276 00:13:35,480 --> 00:13:36,080 Speaker 2: a Listen. 277 00:13:36,200 --> 00:13:39,200 Speaker 7: We've got to plan on the basis that it could 278 00:13:39,200 --> 00:13:40,800 Speaker 7: go on for some time and that's the way in 279 00:13:40,800 --> 00:13:42,800 Speaker 7: which we'll plan this afternoon. 280 00:13:42,559 --> 00:13:45,880 Speaker 2: Twenty four after five, Ryan, it's laughable, says Simon, that 281 00:13:46,080 --> 00:13:49,400 Speaker 2: it's hard to make nice ice cream and cheese to 282 00:13:49,480 --> 00:13:52,240 Speaker 2: sell a premium golden geese they've given away for a 283 00:13:52,240 --> 00:13:55,640 Speaker 2: few magic beans. Well, tip Top is proof that they 284 00:13:56,080 --> 00:13:57,640 Speaker 2: could have been making a hell of a lot more 285 00:13:57,679 --> 00:14:00,880 Speaker 2: out of tip Top. In fact that brought it made 286 00:14:00,960 --> 00:14:04,720 Speaker 2: three times the Fonterra was making out of it after 287 00:14:04,760 --> 00:14:07,360 Speaker 2: they sold it. So there are and this is the 288 00:14:07,520 --> 00:14:10,000 Speaker 2: argument that we heard from the Fonterra co Op council 289 00:14:10,080 --> 00:14:13,319 Speaker 2: this morning. John Stevenson, who was on, is basically saying 290 00:14:13,520 --> 00:14:16,160 Speaker 2: it takes a lot of capital. You sort of stick 291 00:14:16,200 --> 00:14:18,680 Speaker 2: to your knitting, stay in your lane. 292 00:14:19,000 --> 00:14:19,280 Speaker 3: Ryan. 293 00:14:19,360 --> 00:14:21,600 Speaker 2: For years, This is from Steve Morning, Steve Ryan. For 294 00:14:21,680 --> 00:14:25,240 Speaker 2: years economists have said this country's economy needs to get 295 00:14:25,280 --> 00:14:28,040 Speaker 2: more complex and value add and not just ship the 296 00:14:28,120 --> 00:14:31,480 Speaker 2: raw product. But now here we are selling part of 297 00:14:31,520 --> 00:14:34,440 Speaker 2: your business because New Zealand isn't as good at that 298 00:14:34,600 --> 00:14:37,600 Speaker 2: as other countries. We really are just a country of 299 00:14:37,760 --> 00:14:41,680 Speaker 2: farm hicks, Steve, Is there anything wrong with being a cuntwy? 300 00:14:41,680 --> 00:14:43,600 Speaker 2: I don't know about the hicks part, but is there 301 00:14:43,600 --> 00:14:49,000 Speaker 2: anything wrong with being a country of food producers? After all? 302 00:14:49,040 --> 00:14:52,160 Speaker 2: It's like wheel There are a few things it turns 303 00:14:52,200 --> 00:14:53,920 Speaker 2: out the world actually needs. 304 00:14:54,320 --> 00:14:59,200 Speaker 1: The early edition full show podcast on iHeartRadio Power by News. 305 00:14:58,960 --> 00:15:03,080 Speaker 2: Talks at Me News Talk, seb five, twenty seven. Anyone 306 00:15:03,160 --> 00:15:06,240 Speaker 2: expecting a lolly scramble from the government today is going 307 00:15:06,280 --> 00:15:09,000 Speaker 2: to be disappointed. At best, you might get one or 308 00:15:09,040 --> 00:15:12,240 Speaker 2: two old Worther's originals, and they don't taste very nice. 309 00:15:12,480 --> 00:15:14,640 Speaker 2: As we've been talking about for the last few weeks, 310 00:15:14,800 --> 00:15:20,480 Speaker 2: this government can't politically splash cash when oil's forcing inflation up. 311 00:15:21,040 --> 00:15:24,400 Speaker 2: The sixty billion borrowed and spent during the pandemic, half 312 00:15:24,480 --> 00:15:27,920 Speaker 2: by the way, not actually on COVID expenses, was fuel 313 00:15:27,960 --> 00:15:31,160 Speaker 2: on the fire to an already raging inflation inferno. The 314 00:15:31,240 --> 00:15:35,080 Speaker 2: Reserve Bank and government were both blowing into the same sale. 315 00:15:35,120 --> 00:15:36,880 Speaker 2: That was the problem. It got us up on the 316 00:15:36,880 --> 00:15:40,560 Speaker 2: foils for a while, ultimately just delayed the pain we're 317 00:15:40,640 --> 00:15:44,640 Speaker 2: now still feeling. The new governor, import from Sweden, will 318 00:15:44,680 --> 00:15:47,760 Speaker 2: give a key speech later today, published online after markets 319 00:15:47,800 --> 00:15:50,160 Speaker 2: open nine am, with a hint of how they'll react 320 00:15:50,440 --> 00:15:53,960 Speaker 2: to the latest international catastrophe that's come to reach our shores. 321 00:15:54,560 --> 00:15:59,360 Speaker 2: Any width of central government planning to borrow and spend 322 00:15:59,520 --> 00:16:03,480 Speaker 2: to cush the blow would complicate her job quite markedly. 323 00:16:03,880 --> 00:16:06,920 Speaker 2: The reality is, when the shite hits the fan, things 324 00:16:06,960 --> 00:16:10,920 Speaker 2: get messy. Somebody has to pay. There is no free ride, 325 00:16:11,000 --> 00:16:13,440 Speaker 2: no free bus, no free train, no free lunch. If 326 00:16:13,520 --> 00:16:17,080 Speaker 2: we don't pay today, we will pay tomorrow. And let's 327 00:16:17,120 --> 00:16:20,480 Speaker 2: not forget we're now officially on notice from at least 328 00:16:20,560 --> 00:16:23,760 Speaker 2: one of the big rating agencies. We need to be cutting, 329 00:16:24,360 --> 00:16:28,760 Speaker 2: not borrowing more, balancing the books, not setting them on 330 00:16:28,880 --> 00:16:33,320 Speaker 2: fire again. Crain Bridge, you shall said be by the way, 331 00:16:33,400 --> 00:16:35,320 Speaker 2: Chippy was asked yesterday, what's your plan? 332 00:16:35,600 --> 00:16:35,960 Speaker 3: Chipster? 333 00:16:36,720 --> 00:16:39,440 Speaker 2: You know now that we know what's going on in 334 00:16:39,440 --> 00:16:42,400 Speaker 2: the Middle East and you've been calling for what's your plan. 335 00:16:43,000 --> 00:16:44,400 Speaker 13: I'm not going to make up policy on the fly. 336 00:16:44,480 --> 00:16:45,320 Speaker 13: We're not the government. 337 00:16:45,720 --> 00:16:46,440 Speaker 2: The government. 338 00:16:49,200 --> 00:16:49,520 Speaker 5: Ideas. 339 00:16:51,160 --> 00:16:54,160 Speaker 13: In March twenty twenty, we didn't wait for the opposition 340 00:16:54,240 --> 00:16:56,440 Speaker 13: to come up with solutions to the challenges the country 341 00:16:56,440 --> 00:16:58,960 Speaker 13: faced with COVID. In fact, we didn't even care what 342 00:16:59,040 --> 00:17:02,120 Speaker 13: they were thinking. We were focused on leading New Zealand 343 00:17:02,160 --> 00:17:04,760 Speaker 13: through a once in a generation crisis. This is another 344 00:17:04,800 --> 00:17:06,280 Speaker 13: once in a generation crisis. 345 00:17:07,080 --> 00:17:10,520 Speaker 2: Yeah, so no ideas, which is funny because remember at 346 00:17:10,520 --> 00:17:14,720 Speaker 2: the weekend Winston Peters says they are no hopers, they 347 00:17:14,800 --> 00:17:18,920 Speaker 2: have no ideas and they have no policies and that's 348 00:17:18,960 --> 00:17:23,280 Speaker 2: why they're so shallow on the front bench news talks. 349 00:17:23,320 --> 00:17:27,600 Speaker 2: He'd be twenty nine after five, head to Australia next it. 350 00:17:29,800 --> 00:17:37,080 Speaker 3: How can kume the news you need this morning? 351 00:17:37,160 --> 00:17:40,800 Speaker 1: And the in Depth Analysis Early edition with Ryan Bridge 352 00:17:40,920 --> 00:17:42,760 Speaker 1: and One roof Love. 353 00:17:42,600 --> 00:17:44,280 Speaker 3: Where You Live News Talks at B. 354 00:17:50,240 --> 00:17:52,640 Speaker 2: Twenty four away from six newsbooks. They'd be coming up 355 00:17:52,680 --> 00:17:55,280 Speaker 2: before Top of the Our Fuel Standards. We'll also head 356 00:17:55,280 --> 00:17:58,399 Speaker 2: to Australia with Lizzie Yeomans. Someone has just sent me 357 00:17:58,440 --> 00:18:01,639 Speaker 2: a story saying and headline I can't even bring myself 358 00:18:01,680 --> 00:18:03,679 Speaker 2: to open the story, but it says, do we need 359 00:18:03,760 --> 00:18:09,000 Speaker 2: a lockdown to damp and diesel demand? Are we how insane? 360 00:18:09,119 --> 00:18:13,560 Speaker 2: I'm just assuming that's a gotcha headline, like an attention grabber, 361 00:18:14,080 --> 00:18:18,240 Speaker 2: but the thought of it, honestly so. Oil down back 362 00:18:18,320 --> 00:18:20,879 Speaker 2: under one hundred dollars a barrel. It's Taco Tuesday. Trump's 363 00:18:20,920 --> 00:18:23,480 Speaker 2: checking down on his ultimatum with the Iranians and the 364 00:18:23,520 --> 00:18:26,760 Speaker 2: power plants. He's now given them five days, so we'll 365 00:18:26,760 --> 00:18:29,280 Speaker 2: see what happened. That's why the oils come down in price. 366 00:18:29,720 --> 00:18:32,359 Speaker 2: Wall Street's rallying a bit this morning, and Judy's on 367 00:18:32,400 --> 00:18:35,240 Speaker 2: the money on Fonterra. Judy, good to have your texting 368 00:18:35,320 --> 00:18:38,640 Speaker 2: in every morning. Very much appreciate you. Ryan. The key 369 00:18:38,680 --> 00:18:41,560 Speaker 2: takeout from the Fonterra result as a return on capital 370 00:18:41,560 --> 00:18:44,199 Speaker 2: consumer was the week link food service and ingredients are 371 00:18:44,240 --> 00:18:47,760 Speaker 2: where we make our money exactly right. And we spoke 372 00:18:47,800 --> 00:18:50,920 Speaker 2: to the Fonterra co op chair this morning, John Stevenson. 373 00:18:51,040 --> 00:18:53,920 Speaker 2: He said, look, there are other companies, including the one 374 00:18:53,960 --> 00:18:57,000 Speaker 2: the French that we sold it to mainland, that will 375 00:18:57,000 --> 00:18:59,320 Speaker 2: do better with this. They will get more out of it, 376 00:18:59,359 --> 00:19:02,440 Speaker 2: they will make more money. Tip Top trebled its revenue 377 00:19:02,760 --> 00:19:06,400 Speaker 2: after it was sold. Because some people are better at 378 00:19:06,560 --> 00:19:08,760 Speaker 2: some things than others are better at others. It turns 379 00:19:08,760 --> 00:19:12,639 Speaker 2: out we're good at making milk twenty three away from approtein, 380 00:19:12,720 --> 00:19:14,320 Speaker 2: twenty three away from top of the. 381 00:19:14,400 --> 00:19:16,040 Speaker 3: R Bryan Bridge. 382 00:19:16,480 --> 00:19:18,400 Speaker 2: Let's go to our reporters, clum Into Need and Cullen. 383 00:19:18,440 --> 00:19:22,040 Speaker 2: Good morning morning. Ryan, tell us about the rural firefighters 384 00:19:22,040 --> 00:19:24,360 Speaker 2: Otago now training as first responders. 385 00:19:25,160 --> 00:19:28,200 Speaker 14: Yeah, this is a bunch of klufive Valley Brigade members 386 00:19:28,240 --> 00:19:31,440 Speaker 14: are stepping up to also become a first responder unit, 387 00:19:32,000 --> 00:19:33,200 Speaker 14: the Kliff of Valley Brigade. 388 00:19:33,240 --> 00:19:34,320 Speaker 3: This is South Otago. 389 00:19:34,400 --> 00:19:37,399 Speaker 14: The move comes from the need to provide faster assistance 390 00:19:37,440 --> 00:19:41,320 Speaker 14: at medical emergencies because the nearest ambulance can at sometimes 391 00:19:41,320 --> 00:19:44,160 Speaker 14: be at least more than half an hour away. So 392 00:19:44,240 --> 00:19:47,520 Speaker 14: what's happening fourteen of these brigade members have signed up 393 00:19:47,560 --> 00:19:50,199 Speaker 14: to receive additional training and new equipment so they can 394 00:19:50,240 --> 00:19:53,440 Speaker 14: deliver this high level of care while they wait for 395 00:19:53,640 --> 00:19:57,160 Speaker 14: ambulance support. The brigade chief there is Richard Hunter. He's 396 00:19:57,200 --> 00:19:59,480 Speaker 14: told us he hopes this will help attract more volunteers 397 00:19:59,800 --> 00:20:01,879 Speaker 14: who you may not actually wish to be firefighters, but 398 00:20:01,960 --> 00:20:04,720 Speaker 14: still want to give back to their community as emergency respondents. 399 00:20:04,760 --> 00:20:05,680 Speaker 2: All right, how's the weather? 400 00:20:07,040 --> 00:20:09,840 Speaker 14: Good day here, fine morning, low cloud or fog nor 401 00:20:09,840 --> 00:20:11,640 Speaker 14: easterlies for a time in the high twenty two. 402 00:20:11,800 --> 00:20:13,879 Speaker 2: Nice one, Good to have you back, Callum and Claires 403 00:20:13,880 --> 00:20:17,280 Speaker 2: in christ Ex morning, Claire, good morning. Canterbury doing it again, 404 00:20:17,320 --> 00:20:20,240 Speaker 2: out performing everyone else with the Regional report cup. 405 00:20:20,720 --> 00:20:24,159 Speaker 15: Yes, this is asb's latest Regional Economic school Board. It 406 00:20:24,280 --> 00:20:28,440 Speaker 15: shows Canterbury secured its third quarterly win of twenty twenty five, 407 00:20:28,840 --> 00:20:33,159 Speaker 15: topping almost every key measure, including employment and population growth. 408 00:20:33,320 --> 00:20:37,320 Speaker 15: Now Otago and Weinkarthor did tie in second, Auckland climbed 409 00:20:37,320 --> 00:20:42,280 Speaker 15: to fourth, and Wellington sadly max finished last. Asb's Nick 410 00:20:42,320 --> 00:20:46,920 Speaker 15: Toughley says Canterbury's success comes from the diversified export base. 411 00:20:47,200 --> 00:20:50,480 Speaker 15: He says the region's ongoing recovery, especially with things like 412 00:20:50,520 --> 00:20:54,000 Speaker 15: the new stadium, has spurred activity and means it's performing 413 00:20:54,000 --> 00:20:57,399 Speaker 15: well across the board. That said, toughly does acknowledge that 414 00:20:57,440 --> 00:21:01,680 Speaker 15: given the current global insecurity, things could be rocky here 415 00:21:01,720 --> 00:21:04,720 Speaker 15: in the success here may be threatened, though he thinks 416 00:21:04,920 --> 00:21:07,200 Speaker 15: we should remain fairly optimistic. 417 00:21:07,160 --> 00:21:10,200 Speaker 2: And you always h Cly haws you with her fine. 418 00:21:10,240 --> 00:21:12,720 Speaker 15: Aside from some areas of low cloud about early today 419 00:21:12,760 --> 00:21:15,760 Speaker 15: and again this evening southwesterly is developing and the high 420 00:21:15,760 --> 00:21:16,800 Speaker 15: should be twenty three. 421 00:21:16,880 --> 00:21:19,080 Speaker 2: All right, it's got to the Loasa morning, Max. 422 00:21:19,240 --> 00:21:20,040 Speaker 6: Yeah, good morning. 423 00:21:20,560 --> 00:21:22,920 Speaker 2: Hey, what's going on with this risk of the Iranian restaurant? 424 00:21:22,960 --> 00:21:23,680 Speaker 2: Then the flags? 425 00:21:24,320 --> 00:21:28,359 Speaker 6: Yeah, so there's a Persian restaurant called Banu right in 426 00:21:28,359 --> 00:21:31,639 Speaker 6: the middle of lower Huts. The owner is Iranian. The 427 00:21:31,760 --> 00:21:33,959 Speaker 6: US and Israel of course bomb his country, and then 428 00:21:33,960 --> 00:21:36,560 Speaker 6: he puts US and Israeli flags on his floor as 429 00:21:36,600 --> 00:21:40,120 Speaker 6: a sign of disrespect for customers to walk over, which 430 00:21:40,119 --> 00:21:43,520 Speaker 6: has led to some threats, death threats, even efforts to 431 00:21:43,560 --> 00:21:46,119 Speaker 6: get the guy deported. The thing is, he says he 432 00:21:46,160 --> 00:21:49,680 Speaker 6: doesn't actually support the Iranian regime. He hates them too. Well, 433 00:21:49,680 --> 00:21:52,480 Speaker 6: he's specifically protesting is the bombing of his country, the 434 00:21:52,560 --> 00:21:55,240 Speaker 6: killing of school kids. He says he's got several family 435 00:21:55,280 --> 00:21:58,159 Speaker 6: members in fact, who have died in these strikes. He 436 00:21:58,200 --> 00:22:00,199 Speaker 6: says he loves his people, he loves his country and 437 00:22:00,240 --> 00:22:03,400 Speaker 6: wants a revolution like everyone else. So not only does 438 00:22:03,400 --> 00:22:06,639 Speaker 6: he have Israelis and Americans against him for people walking 439 00:22:06,640 --> 00:22:10,720 Speaker 6: over their flags, he's also got fans of the Islamic regime, 440 00:22:10,760 --> 00:22:14,600 Speaker 6: the previous Shah against him. Some people as well, actually 441 00:22:14,680 --> 00:22:17,920 Speaker 6: doubt he really is opposed to the Yaha. Many's things 442 00:22:17,960 --> 00:22:20,639 Speaker 6: have turned physical in the store. There's security footage you 443 00:22:20,640 --> 00:22:23,200 Speaker 6: can look at on the Herald. People from around the 444 00:22:23,240 --> 00:22:26,040 Speaker 6: world have been flooding his place with one star reviews. 445 00:22:26,119 --> 00:22:30,000 Speaker 6: He's been receiving random threatening calls. Just worth pointing out 446 00:22:30,040 --> 00:22:34,080 Speaker 6: New Zealand law does not prohibit disrespecting other countries' flags. 447 00:22:35,200 --> 00:22:37,720 Speaker 2: Goodness, may sounds like he's got a lot on mex 448 00:22:37,800 --> 00:22:39,639 Speaker 2: and all that before lunch. How's your with U? 449 00:22:40,280 --> 00:22:41,280 Speaker 3: Yeah? 450 00:22:41,320 --> 00:22:43,600 Speaker 6: Yeah, The weather's partly cloudy with norther les a high of. 451 00:22:43,600 --> 00:22:47,240 Speaker 2: Twenty Thanks so much, and it's got to Neva and Auckland. Morning, Neva, 452 00:22:47,280 --> 00:22:50,919 Speaker 2: good morning. Now the city rail link in the Western Line, 453 00:22:51,280 --> 00:22:51,800 Speaker 2: what are we know. 454 00:22:52,400 --> 00:22:54,960 Speaker 16: Wow, look here, I think you won't be very happy. 455 00:22:54,960 --> 00:22:57,360 Speaker 16: We whant to tell you this because the Auckland City 456 00:22:57,440 --> 00:23:01,120 Speaker 16: Rail Link will have some teething issues. And what's happening 457 00:23:01,200 --> 00:23:04,240 Speaker 16: is that there's going to be no increased frequency on 458 00:23:04,280 --> 00:23:07,640 Speaker 16: the Western Line with six trains an hour between Mount 459 00:23:07,800 --> 00:23:11,760 Speaker 16: Eden and Swanson stations. Now apparently in January they were 460 00:23:11,920 --> 00:23:14,720 Speaker 16: you know, being tested, and they did train testing and 461 00:23:14,760 --> 00:23:19,040 Speaker 16: had eight trains an hour. But despite all of that, no, no, no, it's. 462 00:23:18,920 --> 00:23:19,600 Speaker 2: Got to be six. 463 00:23:20,160 --> 00:23:22,840 Speaker 16: Auckland Transport sees this is just going to be temporary though. 464 00:23:22,880 --> 00:23:25,600 Speaker 16: It's a temporary timeline for the first six months of 465 00:23:25,640 --> 00:23:29,600 Speaker 16: the CRL's operation and then a more frequency will be 466 00:23:29,640 --> 00:23:34,000 Speaker 16: built in so Greater Auckland director that's Matt Lowry. He says, yes, 467 00:23:34,080 --> 00:23:37,040 Speaker 16: it's concerning, especially when you think of all the spending 468 00:23:37,080 --> 00:23:40,480 Speaker 16: of the CRL and six years of rail disruption, but 469 00:23:40,760 --> 00:23:43,040 Speaker 16: you know it's got to be done. And he said, well, 470 00:23:43,080 --> 00:23:45,639 Speaker 16: you know what, people, they won't be happy. They expect 471 00:23:45,680 --> 00:23:47,160 Speaker 16: to better service and it could put them off. 472 00:23:47,280 --> 00:23:49,960 Speaker 2: So this is once it opens the City rail Link 473 00:23:50,000 --> 00:23:52,240 Speaker 2: that if you're going from out west, there'll be no 474 00:23:52,400 --> 00:23:53,520 Speaker 2: increased frequency. 475 00:23:53,720 --> 00:23:58,280 Speaker 16: Correct, that's all right, that's it in a nutshell. So 476 00:23:58,400 --> 00:24:03,480 Speaker 16: from Mountain Eden to the Swanson stations and I think, yeah, 477 00:24:03,520 --> 00:24:06,600 Speaker 16: so it's still going to be the six trains an hour, right, 478 00:24:06,680 --> 00:24:09,760 Speaker 16: they tested for eight in January and thinking you know, 479 00:24:09,840 --> 00:24:12,840 Speaker 16: but then they thought you no, yeah, competit. No, not 480 00:24:12,960 --> 00:24:15,040 Speaker 16: so for the first six months it's what's going to happen, 481 00:24:15,160 --> 00:24:17,960 Speaker 16: So you know, is it a shock horror for you? 482 00:24:18,080 --> 00:24:22,800 Speaker 2: Good luck everybody? Honestly, I mean I suppose we should 483 00:24:22,800 --> 00:24:24,120 Speaker 2: be grateful they're not going down. 484 00:24:25,359 --> 00:24:26,879 Speaker 16: I thought you were going to say we should be 485 00:24:26,880 --> 00:24:28,400 Speaker 16: grateful that you and I don't live out west. 486 00:24:28,560 --> 00:24:31,800 Speaker 2: Well that too. Every morning I wake up and thank 487 00:24:32,040 --> 00:24:34,359 Speaker 2: the Lord, how's that weather? 488 00:24:35,359 --> 00:24:39,400 Speaker 16: Cloudy shells, isolated shells developing a high of twenty three. 489 00:24:39,440 --> 00:24:40,680 Speaker 16: We're thinking of your west. 490 00:24:40,480 --> 00:24:44,200 Speaker 2: Auckland seventeen to sex, Thank you Jesus. Now, when most 491 00:24:44,240 --> 00:24:47,240 Speaker 2: of you think of Fiji, we tend to recall sun 492 00:24:47,280 --> 00:24:50,879 Speaker 2: filled family holidays with the kids, romantic getaways with the 493 00:24:50,920 --> 00:24:54,480 Speaker 2: other half, great stuff, wonderful memories. Nothing wrong with that. 494 00:24:54,560 --> 00:24:56,720 Speaker 2: Thousands of key Wes will tell you that. But what 495 00:24:56,760 --> 00:24:59,800 Speaker 2: doesn't come to mind often and often enough is the 496 00:25:00,040 --> 00:25:03,800 Speaker 2: idea of absolute luxury. Well here's an update for you. 497 00:25:03,920 --> 00:25:08,359 Speaker 2: Fiji does luxury just as luxuriously as anywhere else in 498 00:25:08,400 --> 00:25:14,400 Speaker 2: the world. Think overwater beureats, elevated dining experiences, personalized wellness retreats, 499 00:25:14,400 --> 00:25:18,399 Speaker 2: secluded luxury experiences, stuff that will recharge your batteries like 500 00:25:18,480 --> 00:25:21,040 Speaker 2: nothing else on earth. In Fiji, you can have it all, 501 00:25:21,440 --> 00:25:24,920 Speaker 2: from luxurious island to Ireland. Let's start with Vomo, name 502 00:25:25,119 --> 00:25:29,159 Speaker 2: number one best luxury Fiji resort for families. Then of 503 00:25:29,160 --> 00:25:33,679 Speaker 2: course there is Totkoriki, named Fiji's best adults only resort. 504 00:25:33,800 --> 00:25:37,760 Speaker 2: And then there's Na Naranuku Resort. This is a five 505 00:25:37,840 --> 00:25:41,320 Speaker 2: hundred acre coastal Fiji estate. It's where all your Hollywood 506 00:25:41,359 --> 00:25:44,520 Speaker 2: stars stay. Think Hilary Swank, Think Neil Patrick Harris. They've 507 00:25:44,560 --> 00:25:47,080 Speaker 2: all been there, stayed there, raved about it. The list 508 00:25:47,160 --> 00:25:49,480 Speaker 2: goes on. So if you're looking for luxury with a 509 00:25:49,520 --> 00:25:54,040 Speaker 2: distinctly welcoming vibe, head to Fiji, where happiness and luxury 510 00:25:54,400 --> 00:25:55,080 Speaker 2: come naturally. 511 00:25:55,680 --> 00:25:57,159 Speaker 3: Bryan Bridge Text of. 512 00:25:57,200 --> 00:25:59,840 Speaker 2: The morning so far a ho Ryan rather than high. 513 00:26:00,040 --> 00:26:02,520 Speaker 2: I'm from Fred. Oh, Fred, nice to hear from you. 514 00:26:03,080 --> 00:26:06,439 Speaker 2: My suggestion, says Fred, on reducing fuel consumption, is to 515 00:26:06,480 --> 00:26:10,280 Speaker 2: remove all speed bumps. Henceforth has the added benefit of 516 00:26:10,320 --> 00:26:13,919 Speaker 2: reducing we're on our cars and reducing trip times. What 517 00:26:14,000 --> 00:26:16,080 Speaker 2: do you think, Fred, I think it's a brilliant idea. 518 00:26:16,160 --> 00:26:20,760 Speaker 1: Thank you for sharing international correspondence with Ends and Eye Insurance, 519 00:26:20,880 --> 00:26:22,680 Speaker 1: Peace of mind for New Zealand business. 520 00:26:23,760 --> 00:26:26,000 Speaker 2: Third into six check in on how the Aussies are 521 00:26:26,040 --> 00:26:29,359 Speaker 2: dealing with the fuel situation and Leslie Yeomans is with us. Leslie, 522 00:26:29,400 --> 00:26:31,480 Speaker 2: good morning morning, Ryan. 523 00:26:31,520 --> 00:26:33,720 Speaker 17: Should I whimper now about the prices? 524 00:26:34,600 --> 00:26:36,560 Speaker 2: Well, they're not as bad as ours. I was having 525 00:26:36,640 --> 00:26:39,360 Speaker 2: listening yesterday and you were in such a better spot 526 00:26:39,440 --> 00:26:41,320 Speaker 2: than us before the war broke out too. 527 00:26:42,760 --> 00:26:45,919 Speaker 17: Well, yes, there were, It depends where you were. I 528 00:26:45,960 --> 00:26:51,200 Speaker 17: guess they are getting pretty high. In fact, we've even 529 00:26:51,200 --> 00:26:53,040 Speaker 17: had one a minister say it could get to as 530 00:26:53,080 --> 00:26:55,679 Speaker 17: high as four dollars a leader over here, and it 531 00:26:55,760 --> 00:26:58,800 Speaker 17: is getting even higher out in the regions. We've got 532 00:26:58,800 --> 00:27:03,479 Speaker 17: farmers and and food producers and transport people sort of 533 00:27:03,560 --> 00:27:07,640 Speaker 17: crying fowl because they're if they can get fuel, it's 534 00:27:07,800 --> 00:27:12,480 Speaker 17: just going to skyrocket. It's just it's just amazing. We've 535 00:27:12,480 --> 00:27:15,399 Speaker 17: got dozens of service stations on the East Coast a 536 00:27:15,480 --> 00:27:19,240 Speaker 17: low on fuel. Some some have even run dry. We've 537 00:27:19,240 --> 00:27:23,280 Speaker 17: had the Parliament being told yesterday that six fuel ships 538 00:27:23,320 --> 00:27:29,080 Speaker 17: expected to deliver oil over the next month have been canceled. 539 00:27:29,760 --> 00:27:32,320 Speaker 17: Some are hopefully getting here, but they're having to come 540 00:27:32,520 --> 00:27:37,280 Speaker 17: via the Gulf of Mexico. So that's what the government's 541 00:27:37,280 --> 00:27:40,840 Speaker 17: trying to organize, is ships coming from other areas. And 542 00:27:40,880 --> 00:27:43,760 Speaker 17: we're also being told not to panic by which is 543 00:27:43,800 --> 00:27:45,960 Speaker 17: great in theory, but a lot of people aren't listening. 544 00:27:46,280 --> 00:27:48,640 Speaker 2: Yes, no, a lot more panic there than there is here, 545 00:27:48,680 --> 00:27:51,960 Speaker 2: it seems as well, Leslie, what about the broadcasters said 546 00:27:52,000 --> 00:27:53,639 Speaker 2: to ABC going on strike? 547 00:27:54,800 --> 00:27:57,480 Speaker 17: Yeah, it's the hundreds and hundreds of them are going 548 00:27:57,520 --> 00:28:03,320 Speaker 17: on strike from tomorrow morning around eleven o'clock. They've rejected 549 00:28:03,440 --> 00:28:08,760 Speaker 17: aunties or the ABC's latest below CPI payoffer. Sixty percent 550 00:28:08,800 --> 00:28:12,760 Speaker 17: of those asked to vote have decided to take the 551 00:28:12,800 --> 00:28:16,760 Speaker 17: strike action. They're not just concerned about the lack of 552 00:28:16,840 --> 00:28:20,600 Speaker 17: a reasonable payoffer, though, they're concerned about job security and 553 00:28:21,080 --> 00:28:24,880 Speaker 17: like thereof many workers are on rolling short term contracts, 554 00:28:24,920 --> 00:28:28,040 Speaker 17: so they're not happy about that. They're also concerned about 555 00:28:28,080 --> 00:28:31,560 Speaker 17: the emergence of AI and claiming they've got no reassurance 556 00:28:31,560 --> 00:28:34,800 Speaker 17: from management that staff wouldn't be replaced with AI. So 557 00:28:35,000 --> 00:28:37,040 Speaker 17: two thousand and six was the last time they took 558 00:28:37,080 --> 00:28:40,520 Speaker 17: industrial action the journalist that is. And it looks like 559 00:28:40,560 --> 00:28:43,080 Speaker 17: it's going to be a twenty four hour strike from 560 00:28:43,120 --> 00:28:46,880 Speaker 17: tomorrow at eleven. It'll be interesting to see what management 561 00:28:47,240 --> 00:28:50,360 Speaker 17: are recruited to come on and do the news bulletins 562 00:28:50,840 --> 00:28:52,000 Speaker 17: for the radio and TV. 563 00:28:52,560 --> 00:28:55,200 Speaker 2: Interesting. Thanks so much for that. That's Lizzie Geomans Our 564 00:28:55,240 --> 00:28:58,880 Speaker 2: Australia correspondent. Time is a living away from six Ryan Bridge. 565 00:28:58,920 --> 00:29:01,640 Speaker 2: So government's announcing it's first change to help us from 566 00:29:01,720 --> 00:29:05,040 Speaker 2: roll stop us potentially from running out of fuel, lowering 567 00:29:05,120 --> 00:29:08,440 Speaker 2: the quality specifications for imports to match the Aussies. Just 568 00:29:08,480 --> 00:29:12,280 Speaker 2: don't call it dirty. Don Calassie is transporting in z' CEO, 569 00:29:12,400 --> 00:29:15,080 Speaker 2: former Z Energy Logistics manager with us this morning. 570 00:29:14,880 --> 00:29:17,320 Speaker 3: Dome get a morning Ryan. 571 00:29:17,560 --> 00:29:20,840 Speaker 2: They're not doing sulfur with these changes. Why are they 572 00:29:20,880 --> 00:29:23,760 Speaker 2: not doing sulfur? And will they what they are announcing 573 00:29:23,800 --> 00:29:25,200 Speaker 2: make much of a difference, do you think? 574 00:29:27,120 --> 00:29:30,800 Speaker 11: Look, Well, firstly, I think it's great that officials are 575 00:29:30,880 --> 00:29:34,480 Speaker 11: looking at alternative options. I think part of good risk 576 00:29:34,560 --> 00:29:38,960 Speaker 11: management is look at those water scenarios. So I think 577 00:29:39,040 --> 00:29:40,800 Speaker 11: you know, we're a long way from having to get 578 00:29:41,520 --> 00:29:44,560 Speaker 11: Australian fuel. But if we got to that stage, then 579 00:29:44,960 --> 00:29:50,040 Speaker 11: they're constraining it in terms of the sulfur content that 580 00:29:50,400 --> 00:29:55,800 Speaker 11: ultimately affects how the harmful emissions are treated in the 581 00:29:55,880 --> 00:29:59,720 Speaker 11: engine management system. And so we were asked by a 582 00:30:00,560 --> 00:30:03,320 Speaker 11: about our view on what needed to have on with 583 00:30:03,360 --> 00:30:05,720 Speaker 11: the solf content, and we've said, look, just with the 584 00:30:05,800 --> 00:30:11,160 Speaker 11: New Zealand standard, because if we had higher sulfur then 585 00:30:11,520 --> 00:30:15,320 Speaker 11: modern engine management systems would need to be adjusted to 586 00:30:15,440 --> 00:30:17,600 Speaker 11: cope with the after treatment. 587 00:30:18,280 --> 00:30:21,800 Speaker 2: So we have adapted to a lower sulfur environment and 588 00:30:21,840 --> 00:30:23,920 Speaker 2: it was very hard to turn that ship around. 589 00:30:26,400 --> 00:30:32,640 Speaker 11: Look, Hindflight's wonderful things, but we went for low sulfur 590 00:30:32,800 --> 00:30:35,680 Speaker 11: because that was a good thing for the environment. And 591 00:30:35,720 --> 00:30:40,440 Speaker 11: in fact many other countries have two. In fact, we 592 00:30:40,880 --> 00:30:45,240 Speaker 11: rely on largely on international manufacturers for our truck engines 593 00:30:45,280 --> 00:30:47,640 Speaker 11: and effect for our trucks. You know they're coming from 594 00:30:47,640 --> 00:30:52,479 Speaker 11: the US, Europe and Japan, so we're not unusual in 595 00:30:52,480 --> 00:30:53,040 Speaker 11: that regard. 596 00:30:54,800 --> 00:30:57,320 Speaker 2: If then we need to ration, obviously you guys will 597 00:30:57,400 --> 00:31:01,360 Speaker 2: be wanting first DIBs on diesel. 598 00:31:04,120 --> 00:31:07,920 Speaker 11: I think it's again transport is one part of a 599 00:31:08,280 --> 00:31:12,720 Speaker 11: supplied chain. These is clearly really important for the economy 600 00:31:13,160 --> 00:31:20,760 Speaker 11: that goes from food production right through to transport. I 601 00:31:20,800 --> 00:31:23,600 Speaker 11: think if we do need a ration, and again that's 602 00:31:23,680 --> 00:31:29,000 Speaker 11: something that I think it's important we play what's in 603 00:31:29,040 --> 00:31:32,120 Speaker 11: front of us now and what we can see right 604 00:31:32,160 --> 00:31:36,200 Speaker 11: now is granted there's been some short term disruptions for 605 00:31:36,320 --> 00:31:42,840 Speaker 11: stockets that truck stops, but we believe the government there's 606 00:31:42,840 --> 00:31:46,280 Speaker 11: probably six weeks off fuel left in the country. The 607 00:31:46,320 --> 00:31:50,600 Speaker 11: ships that are programmed are on their way, and so 608 00:31:51,200 --> 00:31:53,120 Speaker 11: it's important the economy should travel. 609 00:31:53,080 --> 00:31:57,240 Speaker 2: It should keep functioning, and don't get too carried away 610 00:31:57,240 --> 00:32:01,040 Speaker 2: with ourselves. Don't appreciate your rationale. The morning, Don Calassie 611 00:32:01,080 --> 00:32:03,560 Speaker 2: Transporting ends ed CEO. It is seven away from six 612 00:32:03,640 --> 00:32:05,720 Speaker 2: news talks. He'd be Mike's in with us next. 613 00:32:06,640 --> 00:32:09,160 Speaker 1: The first word on the News of the Day Early 614 00:32:09,320 --> 00:32:13,480 Speaker 1: edition with Ryan Bridge and one roofe love where you live. 615 00:32:13,840 --> 00:32:16,760 Speaker 2: News talks'd be five to six Ryan. Six trains per 616 00:32:16,840 --> 00:32:19,680 Speaker 2: hour This is after the CRL opens on the Western Line. 617 00:32:19,760 --> 00:32:23,200 Speaker 2: Six trains per hour, says John is one every ten minutes, 618 00:32:23,200 --> 00:32:25,480 Speaker 2: eight trains an hour, every one every seven and seven 619 00:32:25,480 --> 00:32:28,600 Speaker 2: and a half minutes. Is the difference actually, world ending, 620 00:32:28,640 --> 00:32:32,160 Speaker 2: would it make an actual difference for your average commuter. John, Yes, 621 00:32:32,200 --> 00:32:33,720 Speaker 2: it would. Let's go to Mike. 622 00:32:35,000 --> 00:32:38,920 Speaker 8: Anyone's lived internationally, you know that's that's that's the magic 623 00:32:39,000 --> 00:32:42,040 Speaker 8: of public transport, and that's why I take public transport 624 00:32:42,080 --> 00:32:45,560 Speaker 8: internationally because I know, like you go, you go down 625 00:32:45,600 --> 00:32:48,480 Speaker 8: in London, it doesn't matter where you're going or what's happening. 626 00:32:48,680 --> 00:32:50,640 Speaker 8: Are trains coming? You don't have to think about it. 627 00:32:50,680 --> 00:32:52,000 Speaker 8: You don't have to plan it, you don't have to 628 00:32:52,080 --> 00:32:52,479 Speaker 8: race yet. 629 00:32:52,560 --> 00:32:54,920 Speaker 2: It's a train is coming, exactly. You do that. It's 630 00:32:54,920 --> 00:32:58,120 Speaker 2: a convenience bill will come so well, exactly, but we're not. 631 00:32:58,400 --> 00:33:01,920 Speaker 2: We're building, We're giving them. It'll be the same, the. 632 00:33:01,960 --> 00:33:04,280 Speaker 8: Usual half baked half as sort of thing. Hey look, 633 00:33:04,320 --> 00:33:05,480 Speaker 8: how good do you feel this morning? 634 00:33:05,720 --> 00:33:06,000 Speaker 2: Great? 635 00:33:06,120 --> 00:33:09,000 Speaker 8: I mean it's over, isn't it. It was over four 636 00:33:09,040 --> 00:33:12,960 Speaker 8: to six weeks, four to six weeks. It'll be done 637 00:33:13,040 --> 00:33:16,160 Speaker 8: by six deals and you won't know anything about I 638 00:33:16,240 --> 00:33:16,920 Speaker 8: ran when he goes. 639 00:33:16,960 --> 00:33:17,280 Speaker 2: We win. 640 00:33:17,640 --> 00:33:19,640 Speaker 8: You won't know that it's not true, or maybe it 641 00:33:19,720 --> 00:33:22,320 Speaker 8: is true. Who would know? Oils back down, we're filling 642 00:33:22,320 --> 00:33:24,520 Speaker 8: our car up. I was if I was the government 643 00:33:24,520 --> 00:33:25,600 Speaker 8: on this announcement today. 644 00:33:25,600 --> 00:33:28,960 Speaker 2: What do you do I think you just crouch and 645 00:33:28,960 --> 00:33:33,320 Speaker 2: hold because the moment they turn the tap on, easy 646 00:33:33,400 --> 00:33:35,280 Speaker 2: to turn a tap on, hard to turn it off. 647 00:33:35,320 --> 00:33:38,840 Speaker 2: Oh this thing, Yeah, no, they'll you can turn that 648 00:33:38,920 --> 00:33:41,040 Speaker 2: off with the in work tax credit and the working 649 00:33:41,040 --> 00:33:41,520 Speaker 2: for families. 650 00:33:41,720 --> 00:33:43,240 Speaker 8: But you you've got to say, you've got to turn 651 00:33:43,280 --> 00:33:45,600 Speaker 8: it off though. You know, once you give people money, 652 00:33:45,600 --> 00:33:46,400 Speaker 8: they get used to it. 653 00:33:46,400 --> 00:33:46,960 Speaker 2: Give it a time. 654 00:33:47,200 --> 00:33:49,640 Speaker 8: So all of a sudden oils down below one hundred. 655 00:33:49,760 --> 00:33:52,640 Speaker 8: A deal's clearly been done. This thing's done in two weeks. 656 00:33:52,480 --> 00:33:56,320 Speaker 2: Right, Well, well, if a deal being done in the 657 00:33:56,320 --> 00:33:58,880 Speaker 2: Strait being open to two different things. No, but but you. 658 00:33:58,840 --> 00:34:01,280 Speaker 8: Know what I'm saying. Do you still pull the trigger 659 00:34:01,560 --> 00:34:02,160 Speaker 8: on help? 660 00:34:02,640 --> 00:34:05,720 Speaker 2: Yeah, you do because you've promised it already. You see, 661 00:34:06,000 --> 00:34:07,840 Speaker 2: you met yourself into a bit of a corner. This 662 00:34:08,040 --> 00:34:10,160 Speaker 2: and much more this morning. All right, Mike's next, have 663 00:34:10,200 --> 00:34:11,799 Speaker 2: a great day. Run see tomorrow. 664 00:34:15,160 --> 00:34:18,120 Speaker 1: For more from Early Edition with Ryan Bridge. Listen live 665 00:34:18,239 --> 00:34:21,239 Speaker 1: to News Talks it'd be from five am weekdays, or 666 00:34:21,320 --> 00:34:23,240 Speaker 1: follow the podcast on iHeartRadio.