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Speaker 1: Pressing the newsmakers to get the real story. It's Heather

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Speaker 1: duplicy Ellen drive with One New Zealand to coverage like

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Speaker 1: no one else news sorsav afternoon.

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Speaker 2: Welcome to the show Chase. Have you ever seen Trump

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Speaker 2: looking happier than when he was sitting next to Zelenski

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Speaker 2: during the White House meeting. We'll get a take from

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Speaker 2: the US on how likely peace in Ukraine is. We've

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Speaker 2: got new rules on electricity, should bring down your power

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Speaker 2: bill apparently the Energy minister on that, and Gareth Morgan's

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Speaker 2: been tricked by a deep fake Gareth Morgan. He's with

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Speaker 2: us later on what ever duplicy Ellen. So he's a

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Speaker 2: little bit of happy news for anyone still feeling an

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Speaker 2: injustice over the petty way that Trevor Mallard turned the

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Speaker 2: sprinklers on the parliamentary protesters and made everything worse. He

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Speaker 2: is coming home from his plum job in Ireland as

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Speaker 2: the ambassador, as Winston Peter says, quoting the seekers, the

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Speaker 2: carnival's over. And it's a good job too, because it

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Speaker 2: was always deeply unfair that Mallied could behave like a

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Speaker 2: child towards fallow Kiwis and basically torment fallow Kiwis and

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Speaker 2: then be rewarded his mates with a job that was

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Speaker 2: funded by Keighley's. Now Winston's trying to spin this like

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Speaker 2: he's bringing Trevor Mallard home early. He's actually not really

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Speaker 2: at all. Trevor's dw home in January. It's understood that

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Speaker 2: he's going to be back in November. Whoopedie doo two

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Speaker 2: months early and a three year term is hardly a

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Speaker 2: punishment or a massive recall, isn't it. I mean, if

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Speaker 2: Winston wanted to bring him home early, he could have

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Speaker 2: brought him home at any point in the last two

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Speaker 2: years that he's been the Foreign Minister. But I will

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Speaker 2: agree with Winston on something here, which is that I

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Speaker 2: think we have got to stop appointing politicians to diplomatic jobs.

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Speaker 2: He says full stop. I say as a reward. I

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Speaker 2: still think that there will be some politicians who are

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Speaker 2: exceptional and who deserve these jobs because they would do

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Speaker 2: an excellent job representing us. And I've always thought it

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Speaker 2: was a pity that Halen Clark never got a posting overseas.

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Speaker 2: But often they are just lousy at it, aren't they.

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Speaker 2: I mean Phil goff stuffed up, he had to come back.

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Speaker 2: Jonathan Hunt embarrassed us by wanting to claim the pension

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Speaker 2: in the UK when he was already on a very

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Speaker 2: good wicket from US. Kevin Rudd, the Australian version of

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Speaker 2: all of this, got sent to Washington by the Aussies

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Speaker 2: and then embarrassed them by posting weird stuff about Trump

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Speaker 2: before Trump became president again, then having to go back

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Speaker 2: through his social media is and delete it all. Being

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Speaker 2: a politician doesn't necessarily make these people a good diplomat,

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Speaker 2: and Trevor Mallett is absolutely an example of that. He

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Speaker 2: has never been accused of being diplomatic. In my opinion,

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Speaker 2: the only reason that he ever got this gig in

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Speaker 2: Ireland is because his daughter lives in Ireland and because

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Speaker 2: he was some sort of an avuncular figure to Grant

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Speaker 2: and Jacinda and Chippy, who were in government when he

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Speaker 2: was appointed. That is not a good reason to send

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Speaker 2: someone to an ambassador's job. It's not a good reason

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Speaker 2: to get a job that you and I are paying for. So,

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Speaker 2: as Winston says, Carnival's over good thing too.

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Speaker 3: Ever, du for see Allen.

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Speaker 2: Right Sandy text fees number is nine two ninety two

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Speaker 2: hit it very so on that later on more bad news,

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Speaker 2: unfortunately for you. On the kids' writing skills, a new

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Speaker 2: study out today shows that one quarter of year eights,

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Speaker 2: so year eight is what is that the last year

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Speaker 2: of intermediate? One quarter of the kids in the life

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Speaker 2: last year of intermediate can write at the level that's

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Speaker 2: expected by the government. One quarter does. Stats show that

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Speaker 2: writing skills decline the older that kids get, so forty

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Speaker 2: one percent of kids in year three are at the

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Speaker 2: expected level, thirty three percent in year six, and then

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Speaker 2: by the time they're in year eight it's less than

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Speaker 2: a quarter of them. The Education Minister's answer to that

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Speaker 2: is a new make It Right action plan and Erica

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Speaker 2: stand for the education ministers with us, Hey, Erica, hello,

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Speaker 2: How I'm well, thank you?

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Speaker 4: You know what?

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Speaker 2: It blows my mind that we've tolerated this consistent decline

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Speaker 2: in our standards for so long. How has this happened?

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Speaker 5: Well, the first thing to say is no longer, because

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Speaker 5: we have been looking at these dot points on the

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Speaker 5: decline graph for decades and doing nothing about it. These

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Speaker 5: this study was done in twenty twenty four, so I've

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Speaker 5: asked for baselines baselines against the new curriculum expectation. So

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Speaker 5: to be fair, this is against the expectations we now

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Speaker 5: have against the new curriculum where we want children and

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Speaker 5: know they need to be benchmarked against the rest of

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Speaker 5: the world. And so it has dropped slightly from you know,

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Speaker 5: like thirty thirty percent under the old measure against the

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Speaker 5: old curriculum which was you know, britt Waffley and vague.

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Speaker 5: And when we are more specific and have higher expectations

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Speaker 5: compared to the rest of the world, you know, we're

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Speaker 5: down around twenty four. So that's the first thing to say.

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Speaker 5: It is against the expectations of the new curriculum, but

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Speaker 5: it was done last year before we introduced all of

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Speaker 5: our reforms this year. So I've got these now baselines.

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Speaker 5: So when we go out at the end of this

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Speaker 5: year and assess again, we will now be able to

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Speaker 5: plot each year against the before shot, and the before

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Speaker 5: shot is grim.

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Speaker 2: You will be able when you the improvements. Yeah, your

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Speaker 2: plan make it right? How does that work? What's what's

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Speaker 2: the basics of this?

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Speaker 5: Well, essentially it's plugging a gap in writing. So we

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Speaker 5: already have the new English curriculum, structured literacy mandate, at

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Speaker 5: all of the intervention teachers, the professional learning and development.

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Speaker 5: This is for those children that are in year six

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Speaker 5: to eight who will not have all of the benefits

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Speaker 5: of those things coming through primary that they've already missed

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Speaker 5: it there at sex six to eight and their parents

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Speaker 5: are lock at this decline in maths and literacy and thinking, well,

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Speaker 5: they're about to go to high school. And we always

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Speaker 5: said we will wrap around these children. So the Writing

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Speaker 5: Acceleration Tool is based on one hundred and twenty thousand

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Speaker 5: children at intermediate school getting additional supports through a digital

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Speaker 5: tool which helps them to practice and reinforce their writing

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Speaker 5: alongside the teacher doing their explicit teaching. There's a new

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Speaker 5: handwriting guide out for our primary school kids which is

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Speaker 5: handwriting is absolutely crucial to reading and developing literacy. And

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Speaker 5: we're also and this is a real shame we have

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Speaker 5: to do this, but we do. We have to train

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Speaker 5: a teacher in every single intermediate and high school in

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Speaker 5: structured literacy, which is essentially teaching kids to read. And

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Speaker 5: not a great place to say that we have to

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Speaker 5: do that because that but that shows you the level

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Speaker 5: of decline of our students at secondary schools are saying

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Speaker 5: we need to teach kids to read, so we'll be

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Speaker 5: providing that to secondary schools as well.

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Speaker 2: Erica, how do you feel about what I considered to

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Speaker 2: be reasonably unfair accusations at you that you are some

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Speaker 2: sort of a racist for taking set of all Mai

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Speaker 2: words out of these early learning reading books.

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Speaker 5: Oh look, it's you know what happens when you're a politician, right,

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Speaker 5: You know there are experts on one side that say

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Speaker 5: one thing, experts on the other that say another. I

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Speaker 5: think we tried to find a pragmatic way through. There

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Speaker 5: was never really going to please some people, and you

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Speaker 5: saw that last week. But essentially these books are to

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Speaker 5: teach children the it's called graphemes and phonemes, which essentially

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Speaker 5: the letter by letter, sound by sound, how you sound

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Speaker 5: out words. There's seventy five books, twenty six of them

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Speaker 5: have Marti words and them nothing's changing. Yeah, we just

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Speaker 5: have to write another eighteen and we're going to make

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Speaker 5: sure we use Mary words, names and places.

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Speaker 2: How you feel about it, because because look, I was

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Speaker 2: reading the Sunday Papers and Tracy Watkins, who I actually

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Speaker 2: have a lot of respect for, has basically had a

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Speaker 2: crack at you for it, which I was very disappointed

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Speaker 2: in because I thought your argument stacks up. You are

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Speaker 2: you are almost like annoyingly woke to me, and so

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Speaker 2: I don't think that you deserved it at all. And

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Speaker 2: I just wonder if sometimes we're too quick to jump

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Speaker 2: to must be a rasist.

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Speaker 5: Well, I think I mean, to be honest with you,

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Speaker 5: When I made these decisions, I thought the opposite was

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Speaker 5: going to happen. Because we created an entire series in

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Speaker 5: Today of Marty to teach kids how to read in

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Speaker 5: the Mary language. We're also from next year going to

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Speaker 5: have in the English curriculum how to pronounce the Mary

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Speaker 5: letter sounds and vowel sounds. So when kids do come

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Speaker 5: across a Marii word, which we do in everyday life,

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Speaker 5: and you and I might see the word final and

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Speaker 5: know how to say it, but they don't. So now

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Speaker 5: they'll be able to decode in both languages. But no

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Speaker 5: one picks up on the good news. They just go

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Speaker 5: straight to the Hey. In the new books, you're only

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Speaker 5: including Marty names and place names. Well, actually that's a

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Speaker 5: lot more than the existing books because most in fact

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Speaker 5: three courts, they're almost three quarters of the existing books

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Speaker 5: or maybe two thirds don't have any Marty words at all.

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Speaker 5: So I've tried to find a really pragmatic way through.

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Speaker 2: But not being rewarded for it, unfortunately.

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Speaker 5: I think the frustrating thing is, if I'm going to

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Speaker 5: be honest with you, is it I just want kids

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Speaker 5: to learn to read. Yeah, that's what I care about.

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Speaker 5: I'm not interested in a culture war. I want kids

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Speaker 5: to learn to read. And we have been failing miserably

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Speaker 5: and we've got to turn it around.

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Speaker 6: Now.

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Speaker 2: If you carry on being like this, you realize that

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Speaker 2: the rumors about you being a future leader is just

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Speaker 2: gonna ramp up a.

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Speaker 5: Well, yes, what was that keeps writing that?

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Speaker 2: Yes, what I see you sounded like that was awkward.

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Speaker 5: Well it was because you're the one that keeps writing

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Speaker 5: about it. I'm just trying to do a great mister

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Speaker 5: of Education.

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Speaker 2: No it's not me. It was Andrew of Vance. Anyway, listen,

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Speaker 2: thank you so much. And when I say Andrew of Vans,

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Speaker 2: and Andrew Varns, Oliver Hartwich and all of these people, Erica,

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Speaker 2: thanks so much. Go well, Erica Stanford education minister. There

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Speaker 2: is more on that, by the way, because Luxon will

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Speaker 2: just be like, oh can you please stop talking about it.

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Speaker 2: But everybody continues to talk about it, So I'll give

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Speaker 2: you the next installment on it. By the way, here's

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Speaker 2: Winston on the Carnival.

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Speaker 7: You know that famous song from the Segas. I'm not

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Speaker 7: the Carnival's over. I have been in my career ensuring

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Speaker 7: that when we have the match, they trained their experience

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Speaker 7: and it should not be a job for the boys

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Speaker 7: or the girls. Out of politics.

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Speaker 2: The dawn is way not quite the happy song.

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Speaker 8: It would be as.

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Speaker 2: Like a dirge anyway. This dirge is four Shriver Mallard.

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Speaker 4: We made again.

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Speaker 1: It's the Heather dupas Allen Drive Bull Show podcast on

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Speaker 1: iHeartRadio powered by News Talk zeb.

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Speaker 2: Here the Erica Stanford is put as pure gold go

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Speaker 2: he that's from Kevin Mattamata Farmer. Yes, she is nineteen

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Speaker 2: past four.

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Speaker 1: Sport with tab bed Live with in play all eighteen

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Speaker 1: be Responsibly.

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Speaker 2: Blues, Darcy Waldgrave, sports talk host. Okay, here we go,

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Speaker 2: Blues are off to Mount Smart two games.

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Speaker 9: Well.

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Speaker 10: Possibly possibly that Michael Burgers wrote the story in the

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Speaker 10: heir generally has very good connections, so I wouldn't think

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Speaker 10: he's making up Porky's here and then attempt to get

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Speaker 10: hold of Eden Park and the Blues and everybody else.

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Speaker 11: You can't.

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Speaker 10: So when that happens, normally there's some truth and it

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Speaker 10: isn't there.

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Speaker 2: I think so. I mean, they indicated they were going

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Speaker 2: to do it, and it's not a bad idea, is it.

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Speaker 10: I thought that the Auckland NPC team would have been

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Speaker 10: better going first. I seem a bit round the wrong way.

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Speaker 2: Yeah, well, I mean you do make a fair point,

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Speaker 2: but listen, Darcy, just for the Blues going to Mount

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Speaker 2: Smart not a bad idea, is it?

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Speaker 3: No?

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Speaker 10: For smaller games possibly? Well, what I worry here with

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Speaker 10: this we know that at eden Park when it's full

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Speaker 10: of people's amazing. I've been to some fantastic Super Rugby

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Speaker 10: games there at eden Park, final semifinals. The problem here

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Speaker 10: is when you start splitting your fan base where they go,

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Speaker 10: where they come back. I'm not going to say it's

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Speaker 10: going to confuse people, but it could confuse people. Where's

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Speaker 10: your home ground? And the players, where's our home ground?

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Speaker 10: Where are our fans? We saw them with Moana Pussyfiker.

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Speaker 10: They got a number of players or fans to turn

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Speaker 10: up across the bridge at nor for Harbor no one

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Speaker 10: ever thought it would happen. Why did that happen because

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Speaker 10: they built a wonderful game and people wanted to see them. Yeah,

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Speaker 10: and they got that fan base. So swoting a fan base.

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Speaker 2: Now, But what do mom to do is they're testing

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Speaker 2: the water, so they're taking it to Mount Smart and

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Speaker 2: if we turn up for the two games at Mount Smart,

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Speaker 2: then they will move all the games to Mount Smart.

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Speaker 10: No, but what happens if they get into a semi

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Speaker 10: final against the Crusaders, for example, they could pump forty thousand.

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Speaker 2: People and give the glory games to eat.

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Speaker 10: Okay, so glory games to Eden Park, the build up

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Speaker 10: games there. How I'm going to talk about this tonight.

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Speaker 10: Craig Dowd's going to join us on air a former

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Speaker 10: Auckland form of Blues, former All Black, about playing at

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Speaker 10: a ground, getting used to the ground, what the crowd

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Speaker 10: will do, whether they will depart, whether they will actually

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Speaker 10: stretch their legs and go there, or whether they're so

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Speaker 10: familiar with Eden Park they wan't. I think the big

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Speaker 10: thing around this is the finances, how much money it

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Speaker 10: costs to open up Eden Park. And I don't think

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Speaker 10: that New Zealand Rugby be it Blues or Auckland MPC

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Speaker 10: or All Blacks have got enough money.

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Speaker 2: To pay for it.

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Speaker 10: But it's a huge, huge amount of coin.

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Speaker 2: Of the four players who've left, oh, there.

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Speaker 10: Are so many players that have gone. Now, yeah, I've

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Speaker 10: lost I've lost track because.

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Speaker 2: Of course Kellie Jackson's gone from the Pulse.

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Speaker 10: Yeah, we do know that. We know that Whitney Sooner

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Speaker 10: has just announced that she's disappearing. Karen Berger disappeared up

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Speaker 10: before that. Keate Heffernan from down in Southland. There are

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Speaker 10: so many players. But I don't see this as being

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Speaker 10: a bad thing.

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Speaker 2: No, it's not.

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Speaker 10: It's a future thing and we have a better silver

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Speaker 10: fir inside for it. I just wish it had stopped

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Speaker 10: because I speaking happening every day like slow down, lady,

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Speaker 10: slow down, breathe.

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Speaker 2: Yeah, hey, thank you, Darcy appreciated. Darcy water Grave Sports

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Speaker 2: Talk Coast to be back at seven the evening. It's

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Speaker 2: four twenty.

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Speaker 3: Two, cutting through the noise to get the facts.

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Speaker 1: It's Heather Duficy Ellen Drive with one New Zealand coverage

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Speaker 1: like no one else's news talks.

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Speaker 2: They'd be Heather absolutely the correct call on Mallard by

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Speaker 2: Peters should also strip him off his knighthood. Do you

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Speaker 2: know what, until I got that text, I'd forgotten that

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Speaker 2: Trevor Mallard had a knighthood. And do you know what,

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Speaker 2: I've started doing it. I was sort of I'm not

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Speaker 2: sure if I should admit this to you, because it

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Speaker 2: does feel slightly petty by me. But I've stopped using

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Speaker 2: honorifics like titles like that. So I don't call her

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Speaker 2: dame justson. I just call her Cinda. And I don't

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Speaker 2: call him Sir Trevor. I just call him Trevor. And

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Speaker 2: the reason I do that is because it's just it

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Speaker 2: just grinds my It just winds me up too much

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Speaker 2: to say dangerous and this, so I just go straight

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Speaker 2: for just cinder.

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Speaker 12: Now.

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Speaker 2: I know, I know we're all five year olds here.

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Speaker 2: Hey this, and we've got some rules from the electricity

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Speaker 2: authority trying to bring the price down. Well, so they say,

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Speaker 2: I'm not sure it's gonna work, but anyway, it's trying

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Speaker 2: to make things a little bit more fair. Got what

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Speaker 2: they're going to force the gen Taylors to do. These

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Speaker 2: are the guys who generate the electricity and then sell

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Speaker 2: the electricity to you. The retail it to you. They're

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Speaker 2: going to force the generation parts of those business to

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Speaker 2: sell the power to the retail parts of those business

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Speaker 2: at the same price as they sell it to everybody else,

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Speaker 2: so that they don't have a special discount going on there.

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Speaker 2: The Energy Minister Simon Watts is stoked about it. He's

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Speaker 2: going to be with us after five o'clock. Will have

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Speaker 2: a chat to him right now. It's full twenty six

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Speaker 2: now on the Trump meeting. It's hard to know if

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Speaker 2: anything's actually going to come from the White House meeting,

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Speaker 2: but at least it wasn't the clown show that it

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Speaker 2: was last time. Instead of shouting this time there was

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Speaker 2: just a lot of love, thank.

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Speaker 9: You very much for your efforts post and love for

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Speaker 9: us to stop killings and stop this war.

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Speaker 1: You know.

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Speaker 2: For the guy who was bullied last time to be

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Speaker 2: thanking him for the efforts is quite a thing. Trump

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Speaker 2: loved it, the UK loved it.

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Speaker 13: There was a real sense of unity between the European

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Speaker 13: leaders that were there on President Trump and President Selenski.

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Speaker 2: The US Secretary of State Marco Rubio loved it.

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Speaker 14: The whole thing was a big moment, unprecedented really when

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Speaker 14: you think about all these European leaders came here. Seven

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Speaker 14: that were there on the that included the heat of

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Speaker 14: the of NATO and the hat of the EU.

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Speaker 2: And there's this weird thing that's now going on where

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Speaker 2: the wives write each other letters. So Zelenski turned up

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Speaker 2: with a letter from his wife and gave it to

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Speaker 2: Donald Trump for his wife Millennia.

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Speaker 8: My wife, your green.

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Speaker 3: She gave the that it's not to you.

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Speaker 4: Or to your life.

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Speaker 2: And Zelensky got the message and dressed up this time

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Speaker 2: not in a suit suit but in a combat gear

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Speaker 2: thing that looked less like combat gear and more like

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Speaker 2: a combat suit. And the reporter who had a crack

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Speaker 2: at him about a suit last time, noticed it.

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Speaker 3: You little fabulous in that suit. You looked good. I

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Speaker 3: said the same thing I said some one that attacked

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Speaker 3: your last dame. Remember, I apologize to you. You look wonderful.

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Speaker 15: Just wow.

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Speaker 2: What to turn around? What a happy day, like night

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Speaker 2: and day between this time and last time. Anyway, we'll

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Speaker 2: go to the US and get a take on that.

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Speaker 2: After five, News is.

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Speaker 3: Next, Hard Questions Wrong Opinion.

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Speaker 1: Heather Duplicy Ellen Drive with One New Zealand and the

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Speaker 1: power of satellite mobile news talk sa'd be.

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Speaker 3: Hard to see.

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Speaker 2: Heather, gen X are here. How that's older than me?

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Speaker 2: Gen X's are like late forties and fifties and stuff

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Speaker 2: like that. Gen X are here. We were studying books

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Speaker 2: like a Tale of Two Cities in fourth form and

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Speaker 2: today's kids can't even read or write. What a disgrace.

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Speaker 2: Siah make a good point. This is the thing I felt.

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Speaker 2: I'm struggling to understand it, and I'd love somebody to explain

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Speaker 2: it to me one day. How is it that we

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Speaker 2: went from fourth form studying a Tale of Two Cities?

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Speaker 2: What did we do? We did fifth form? Handmaid's Tale? Geez,

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Speaker 2: what a miserable time. But it's it's quite like intense

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Speaker 2: texts that you're having a look at, and you know,

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Speaker 2: various things like that. How did we go from that

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Speaker 2: to the kids being unable to read and write properly

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Speaker 2: and only a quarter of them? How did that decline happen?

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Speaker 2: This is the thing that bothers me. How did that

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Speaker 2: decline happen? And the teachers who've been teaching this whole

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Speaker 2: time watched it happen and didn't start ringing alarm bells

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Speaker 2: and going whoa, something massive is going on? Here, guys.

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Speaker 2: The kids can't even read and write. How did that happen?

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Speaker 2: Under their noses? And hardly anyone said anything.

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Speaker 16: Very excuely you could say it was the best of

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Speaker 16: times and now it's the worst of time.

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Speaker 2: Lame, isn't he? Jesus lame? We have to work with us,

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Speaker 2: Barry sobers us in ten minutes, he's lame. Two twenty

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Speaker 2: three away from five.

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Speaker 1: It's the world wires on youth talks. They'd be drive.

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Speaker 2: The big White House meeting is over. Sir Kia Starma

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Speaker 2: thought it went very well.

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Speaker 13: The Coalition of Willing countries that's thirty countries already working

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Speaker 13: together on security guarantees will now work with the US

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Speaker 13: on those guarantees coordinating.

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Speaker 2: Markret who's the NATO Secretary General, says there's still more

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Speaker 2: negotiation to be done.

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Speaker 6: First, we need to have full clarity collectively US, the

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Speaker 6: Europeans and the others in this correalation of dwelling on

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Speaker 6: what security guarantees will mean. And again it is really

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Speaker 6: a breakthrough that the US will get him. And then

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Speaker 6: again the level of involvement will now be discussed.

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Speaker 2: Hamas has agreed to release half the remaining hostages. If

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Speaker 2: Israel frees Palestinian prisoners and agrees to a sixty day

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Speaker 2: cease fire, Israel doesn't seem keen on the idea. Here's

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Speaker 2: an Al Jazeera reporter.

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Speaker 17: We have just heard from Israel's defense minister who said

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Speaker 17: that Hamas is willing to come back to the negotiating

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Speaker 17: table only because Israel has now greenlit the plans to

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Speaker 17: occupy and take over Gaza's city.

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Speaker 2: And finally, a good Samaritan in Australia has saved a

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Speaker 2: woman's dry sheets from the rain. Woman was on her

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Speaker 2: way home when the rain started. Now this sounds inconsequential

405
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Speaker 2: to you, but you think about if this was you

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Speaker 2: and it was your sheets. Okay, So she was on

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Speaker 2: her way home and the rain started, and she thought, oh,

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Speaker 2: there he goes the washing. I've got sheets drying on

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Speaker 2: the clothes line in the front yard. They're going to

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Speaker 2: be drenched by the time I get home. But when

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Speaker 2: she got home, that didn't happen. The sheets were neatly

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Speaker 2: folded up and they were put in a dry spot

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Speaker 2: out of the rain. So the woman went and checked

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Speaker 2: her CCTV to try to figure out what happened, and

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Speaker 2: it was the posty who'd stopped by to drop off

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Speaker 2: a parcel while she was out.

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Speaker 5: And the post he took her washing off the line

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Speaker 5: because it was raining.

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Speaker 2: How's that a service? And the post he wasn't a woman,

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Speaker 2: the post he was a man, which is even better.

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Speaker 1: International correspondence with ends and eye insurance, peace of mind

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Speaker 1: for New Zealand business.

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Speaker 2: Murray old Osie correspondents with.

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Speaker 4: Us he mus and picking up on it's theme there.

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Speaker 11: It's a far far better thing that post he did

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Speaker 11: than you'd ever done before.

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Speaker 2: Wow, you guys are wonderful and you know what's going

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Speaker 2: on right now? Is everybody younger than a generation exits going.

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Speaker 2: I don't know what they're talking. What do you think

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Speaker 2: they're talking?

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Speaker 11: Read the book? It is one of the greatest books

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Speaker 11: in literature, isn't it. I I've read it ten times.

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Speaker 4: I love it.

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Speaker 2: Okay, I've only got halfway through, but I'll go back

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Speaker 2: and find it and pick it up. It was a

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Speaker 2: challenge because I'm younger than a generation exit. Anyways, talk

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Speaker 2: to me about this big economic roundtable in Canberra. What

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Speaker 2: have we got from it?

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Speaker 11: Well, just look today we had Look, it's a round

440
00:19:59,119 --> 00:20:02,359
Speaker 11: table business UNI Government, the community sector. It got in

441
00:20:02,400 --> 00:20:04,639
Speaker 11: away this morning, three days of all of this, and

442
00:20:05,200 --> 00:20:07,359
Speaker 11: first that was a presentation from the Governor of the

443
00:20:07,359 --> 00:20:11,520
Speaker 11: Reserve Bank, Michelle Bullock, and looks she emphasized the importance

444
00:20:11,560 --> 00:20:14,520
Speaker 11: heather of domestic measures to boost productivity, get the economy

445
00:20:14,960 --> 00:20:19,080
Speaker 11: ticking over again a lot more strongly, boosting living standards.

446
00:20:19,280 --> 00:20:21,479
Speaker 11: She spoke about global head wins. That was something that

447
00:20:21,560 --> 00:20:26,040
Speaker 11: the Treasurer Jim Charmers also spoke about his opening address,

448
00:20:26,080 --> 00:20:30,800
Speaker 11: International risks, particularly disruptions to global trade and sort of

449
00:20:30,840 --> 00:20:33,560
Speaker 11: dominated by Washington. But here's the thing, I mean, the

450
00:20:33,560 --> 00:20:36,360
Speaker 11: Prime Minister Anthony Ebernez, he says this, all the good

451
00:20:36,359 --> 00:20:39,320
Speaker 11: ideas to come out of this three day conference will

452
00:20:39,320 --> 00:20:42,399
Speaker 11: be embraced very quickly by the government. But the opposition

453
00:20:42,520 --> 00:20:44,800
Speaker 11: points out quite rightly that's going to be a bit

454
00:20:44,840 --> 00:20:47,920
Speaker 11: difficult because elbow's taken off the table, things like any

455
00:20:47,960 --> 00:20:50,119
Speaker 11: reform of the tax system at least at this point,

456
00:20:50,480 --> 00:20:55,040
Speaker 11: and there's no overhaul promised of industrial relations. So as

457
00:20:55,040 --> 00:20:57,560
Speaker 11: far as the oppositions concerned and business leaders do, say,

458
00:20:57,560 --> 00:21:01,200
Speaker 11: can you buddy well, cut red tape strangling and this stuff,

459
00:21:01,720 --> 00:21:03,720
Speaker 11: free up the economy a bit and watch us go.

460
00:21:04,200 --> 00:21:07,200
Speaker 4: But elbow is he's going to squander this massive majority

461
00:21:07,280 --> 00:21:08,679
Speaker 4: he's got. That's the big fear of Ah.

462
00:21:08,720 --> 00:21:11,560
Speaker 2: They always do, don't they. Hey, what do you make

463
00:21:11,600 --> 00:21:13,480
Speaker 2: of this blocking of the Israeli politician.

464
00:21:14,400 --> 00:21:17,040
Speaker 11: Well, it's divided Australia, no doubt.

465
00:21:17,040 --> 00:21:20,199
Speaker 4: The Jewish community says, well, you know, how come, But

466
00:21:20,280 --> 00:21:21,680
Speaker 4: the government is not backing down.

467
00:21:22,040 --> 00:21:25,560
Speaker 11: He's a far right member of the coalition that runs

468
00:21:25,640 --> 00:21:30,199
Speaker 11: Israel with Benjamin Yahu. His name is Simpcha Rothman. He is,

469
00:21:30,280 --> 00:21:34,000
Speaker 11: as I say, very hard right. He is spoken about,

470
00:21:34,040 --> 00:21:38,359
Speaker 11: for example, guards and children as enemies of Israel and

471
00:21:38,480 --> 00:21:40,600
Speaker 11: that was a step too far for the federal government.

472
00:21:40,600 --> 00:21:42,639
Speaker 11: It said that he's been banned from his speaking to

473
00:21:42,720 --> 00:21:45,879
Speaker 11: it Here the Australian Newspapers said has seen documents that

474
00:21:46,400 --> 00:21:49,520
Speaker 11: say Rothman's been banned for his comments that mentioned that

475
00:21:49,640 --> 00:21:53,200
Speaker 11: you know, the kids or enemies, but because his inflammatory

476
00:21:53,200 --> 00:21:56,160
Speaker 11: remarks quote could disrupt the Australian Muslim community.

477
00:21:56,760 --> 00:22:00,639
Speaker 4: Well, you know, maybe the case. The government hasn't mentioned that.

478
00:22:01,240 --> 00:22:03,920
Speaker 11: But Tony Burke, the minister involved here, he's the Home

479
00:22:03,960 --> 00:22:05,879
Speaker 11: Affairs minister, said listen, this.

480
00:22:05,760 --> 00:22:08,360
Speaker 4: Guy is the right wing rat bag spouting nonsense. He's

481
00:22:08,359 --> 00:22:10,400
Speaker 4: not welcome mass.

482
00:22:10,800 --> 00:22:13,280
Speaker 2: Okay, tell me why you think this is a hideous palace.

483
00:22:14,880 --> 00:22:16,679
Speaker 4: Well, I'll just paint the picture.

484
00:22:17,320 --> 00:22:21,080
Speaker 11: This was a beautiful piece of pristine bush south from Sydney,

485
00:22:21,359 --> 00:22:24,840
Speaker 11: a river on one side, trees and birds and koalas everywhere,

486
00:22:25,320 --> 00:22:29,879
Speaker 11: and it has all been stripped. Nearly four thousand plants,

487
00:22:29,920 --> 00:22:34,320
Speaker 11: six hundred mature trees, all gone, illegally gone because this

488
00:22:34,400 --> 00:22:37,960
Speaker 11: fella he's a developer. Now, look, there are good developers,

489
00:22:38,000 --> 00:22:41,439
Speaker 11: I understand, both of them are currently working nicely, but

490
00:22:41,560 --> 00:22:45,040
Speaker 11: the vast majority apparently are rat bags. This bloke, this bloke,

491
00:22:45,280 --> 00:22:47,680
Speaker 11: he wanted to put a six bedroom mansion on this thing.

492
00:22:47,880 --> 00:22:50,800
Speaker 11: How I guess are some of the inclusions. He wanted

493
00:22:50,800 --> 00:22:53,840
Speaker 11: a gym, a sauna, he wanted a man cave, a

494
00:22:53,880 --> 00:22:58,000
Speaker 11: popcorn bar, he wanted six a tenpin bowling alley, an

495
00:22:58,000 --> 00:23:03,240
Speaker 11: indoor basketball court, a library that included a floating quote

496
00:23:03,280 --> 00:23:06,320
Speaker 11: Hammock Island. I'd ask ant about that, a Hammock Island.

497
00:23:07,040 --> 00:23:08,040
Speaker 4: Bugget of mine o too.

498
00:23:08,320 --> 00:23:11,239
Speaker 11: But in any event, not only did he not get

499
00:23:11,280 --> 00:23:13,840
Speaker 11: permission from council, he now is to pay back around

500
00:23:13,840 --> 00:23:16,879
Speaker 11: one hundred and ten thousand dollars and promised to replant

501
00:23:16,960 --> 00:23:20,120
Speaker 11: all these native plants and trees. The local people down

502
00:23:20,160 --> 00:23:23,480
Speaker 11: there who took this matter up with the council said,

503
00:23:23,520 --> 00:23:25,800
Speaker 11: are you kidding this guy spends that for lunch?

504
00:23:26,160 --> 00:23:29,200
Speaker 4: What are you talking about? This lovely bit of boosh

505
00:23:29,200 --> 00:23:29,720
Speaker 4: that's home.

506
00:23:29,600 --> 00:23:31,639
Speaker 11: To koalas and all the rest of it has gone

507
00:23:31,800 --> 00:23:34,520
Speaker 11: maybe forever, because how's this guy going to restore that

508
00:23:34,640 --> 00:23:38,200
Speaker 11: lovely piece of bush land. He did own the land,

509
00:23:38,600 --> 00:23:40,840
Speaker 11: but he'd been banned from clearing it and has had

510
00:23:40,880 --> 00:23:43,400
Speaker 11: the people before him who owned that same block of land.

511
00:23:43,440 --> 00:23:46,959
Speaker 2: Brilliant mosz thank you has always appreciated Murray Old's Australia Correspondent.

512
00:23:47,000 --> 00:23:52,600
Speaker 2: It is a neo classical style mention, very sort of

513
00:23:53,400 --> 00:23:59,000
Speaker 2: hmm yeah, it's ghosh. I love what he's got going

514
00:23:59,040 --> 00:24:01,800
Speaker 2: on inside with all the luxury, but the outside does

515
00:24:01,840 --> 00:24:04,479
Speaker 2: look quite crap, like he's got a lot of money

516
00:24:04,600 --> 00:24:07,280
Speaker 2: but not a lot of taste. Now listen, Yes, if

517
00:24:07,320 --> 00:24:09,439
Speaker 2: you're wondering, that is actually a photo of Chris Bishop

518
00:24:09,440 --> 00:24:11,600
Speaker 2: sleeping in his car. If you've seen it, it was him.

519
00:24:11,680 --> 00:24:14,280
Speaker 2: He has confirmed that was him. It's about it's not new,

520
00:24:14,320 --> 00:24:17,679
Speaker 2: it's about four or five years old. It's a photograph

521
00:24:17,840 --> 00:24:20,720
Speaker 2: of his car sign written on the side. It says

522
00:24:20,800 --> 00:24:24,080
Speaker 2: Chris Bishop whatever MP or whatever. And then if you

523
00:24:24,119 --> 00:24:26,720
Speaker 2: look in the in the in the driver's seat, you

524
00:24:26,760 --> 00:24:30,720
Speaker 2: will see a little human there seat lying back. And yes,

525
00:24:30,760 --> 00:24:33,520
Speaker 2: that is the distinctive profile of Chris Bishop having a kip,

526
00:24:34,119 --> 00:24:36,600
Speaker 2: head back, mouth open going for you just know it's

527
00:24:36,640 --> 00:24:38,840
Speaker 2: noisy in there at this minute, like he is with

528
00:24:39,000 --> 00:24:41,679
Speaker 2: mouth open, sleeping like that. There's a hectics and are

529
00:24:41,800 --> 00:24:44,000
Speaker 2: going on. Anyway, He says it was him having a

530
00:24:44,000 --> 00:24:47,160
Speaker 2: sleep at the airport before his flight. And even though

531
00:24:47,200 --> 00:24:48,560
Speaker 2: it was old, he is still a fan of the

532
00:24:48,560 --> 00:24:50,080
Speaker 2: power and app So there we go. Put that one

533
00:24:50,080 --> 00:24:53,200
Speaker 2: to bed. Now pun sixteen away from.

534
00:24:53,080 --> 00:24:56,560
Speaker 1: Five politics with centric credit, check your customers and get

535
00:24:56,600 --> 00:24:58,000
Speaker 1: payments certainty, very so.

536
00:24:58,040 --> 00:25:00,440
Speaker 2: Persen your political correspondence with us. Now, how about good

537
00:25:00,440 --> 00:25:03,080
Speaker 2: afternoon hither so when Trevor says he's bringing when when

538
00:25:03,119 --> 00:25:05,359
Speaker 2: Winston says he's bringing Trevor home early, He's not really

539
00:25:05,440 --> 00:25:05,680
Speaker 2: is he?

540
00:25:06,560 --> 00:25:09,560
Speaker 18: It's fascinating, isn't it. It's been a long time coming,

541
00:25:09,640 --> 00:25:14,320
Speaker 18: this one, I must say, because I remember when Winston

542
00:25:14,359 --> 00:25:17,840
Speaker 18: became Foreign Minister, he says about eighteen months ago, saying

543
00:25:17,840 --> 00:25:19,239
Speaker 18: to him, well when are you going to when are

544
00:25:19,240 --> 00:25:22,200
Speaker 18: you going to withdraw Trevor Mallard?

545
00:25:22,240 --> 00:25:24,320
Speaker 2: What's he ever done to two and a half years ago?

546
00:25:24,359 --> 00:25:26,840
Speaker 18: Bary No, No, he said he's eighteen months.

547
00:25:27,920 --> 00:25:28,320
Speaker 2: I'm sorry.

548
00:25:28,400 --> 00:25:34,040
Speaker 18: Yeah, And there was no response really from Winston. He's

549
00:25:34,040 --> 00:25:38,120
Speaker 18: sort of celebrating the fact that Trevor Millard is coming back.

550
00:25:38,160 --> 00:25:42,479
Speaker 18: He says early Winston he seems to be claiming credit

551
00:25:42,560 --> 00:25:43,919
Speaker 18: for the early recall of Mallard.

552
00:25:43,960 --> 00:25:45,600
Speaker 7: Have a listen, do you know that famous song cam

553
00:25:45,640 --> 00:25:49,480
Speaker 7: the Segars the Carnival's over. I have been my career

554
00:25:49,600 --> 00:25:52,520
Speaker 7: ensuring that when we had the match, they trained their

555
00:25:52,560 --> 00:25:55,080
Speaker 7: experience and it should not be a job for the

556
00:25:55,080 --> 00:25:57,600
Speaker 7: boys or the girls out of politics of a person,

557
00:25:57,720 --> 00:26:00,159
Speaker 7: nor my career. And soon I'll have created it the

558
00:26:00,359 --> 00:26:03,160
Speaker 7: third time. He's coming home and he's coming home early.

559
00:26:03,240 --> 00:26:04,400
Speaker 8: It's a circus where.

560
00:26:04,320 --> 00:26:07,000
Speaker 7: Instead of looking at the national interest, you've got people

561
00:26:07,080 --> 00:26:12,440
Speaker 7: like Cindra doing appointing politicians two important jobs, and that should.

562
00:26:12,200 --> 00:26:12,760
Speaker 8: Not be happening.

563
00:26:12,960 --> 00:26:15,080
Speaker 7: If you've got people there are some sort of sinecure,

564
00:26:15,119 --> 00:26:16,120
Speaker 7: their performance will.

565
00:26:15,920 --> 00:26:16,760
Speaker 3: Never be able to spress.

566
00:26:17,040 --> 00:26:20,080
Speaker 7: You train people, you give them decades of experience to

567
00:26:20,160 --> 00:26:22,240
Speaker 7: get into important jobs and all of a sudden, you

568
00:26:22,320 --> 00:26:24,919
Speaker 7: put a politician there with no training at all. It

569
00:26:24,960 --> 00:26:27,560
Speaker 7: was the wrong appointment. I cannot believe that the Senda

570
00:26:27,640 --> 00:26:29,520
Speaker 7: didn't send somebody like him.

571
00:26:29,400 --> 00:26:30,000
Speaker 8: Out of the way.

572
00:26:30,040 --> 00:26:32,800
Speaker 7: He behaved with respect to the protests out here, turning

573
00:26:32,880 --> 00:26:35,280
Speaker 7: up the noise, putting cold water over young cold at night.

574
00:26:35,640 --> 00:26:38,080
Speaker 7: This is a disgrace and you guys should have been

575
00:26:38,080 --> 00:26:38,879
Speaker 7: calling it out, not me.

576
00:26:39,240 --> 00:26:41,399
Speaker 18: Well, we were calling it out, I must say.

577
00:26:41,440 --> 00:26:44,199
Speaker 2: But you know the people he was talking to did

578
00:26:44,280 --> 00:26:46,080
Speaker 2: not call it out though, right he was talking to

579
00:26:46,119 --> 00:26:46,800
Speaker 2: the press gallery.

580
00:26:46,920 --> 00:26:50,680
Speaker 18: Oh yes, indeed. Yeah. The two exceptions, though, You've got

581
00:26:50,720 --> 00:26:54,200
Speaker 18: to remember with Winston is that he has made political

582
00:26:54,200 --> 00:26:57,480
Speaker 18: appointments in the past. One was Brian Donnelly, who was

583
00:26:57,520 --> 00:27:01,679
Speaker 18: a former New Zealand first tempter who was appointed to

584
00:27:01,720 --> 00:27:04,439
Speaker 18: the cock Islands and he had a big association with

585
00:27:04,480 --> 00:27:07,119
Speaker 18: the cook so and he was very successful there, so

586
00:27:07,200 --> 00:27:09,440
Speaker 18: that was a good appointment. The other one, I don't

587
00:27:09,440 --> 00:27:12,440
Speaker 18: think anybody would have any arguments with that Winston made.

588
00:27:12,440 --> 00:27:15,840
Speaker 18: It was a political appointment very plainly. Was annit king

589
00:27:16,000 --> 00:27:19,800
Speaker 18: to Canberra Now he made that in twenty eighteen. But

590
00:27:20,440 --> 00:27:22,879
Speaker 18: when you look at Trevor Mallard, I mean, for goodness sake,

591
00:27:23,280 --> 00:27:26,439
Speaker 18: his handling of the protesters at Parliament that should have

592
00:27:27,040 --> 00:27:30,440
Speaker 18: should have been warning signs to anyone that this man

593
00:27:30,880 --> 00:27:33,960
Speaker 18: was not fit to be a diplomat. He got a

594
00:27:34,000 --> 00:27:38,639
Speaker 18: knighthel though, along with his best buddy sind Dern the

595
00:27:38,680 --> 00:27:41,639
Speaker 18: ambassador's job. The claim that he made that there was

596
00:27:41,680 --> 00:27:44,240
Speaker 18: a rapist at Parliament dragged.

597
00:27:43,920 --> 00:27:46,240
Speaker 8: On so well. It was me that did the story.

598
00:27:46,359 --> 00:27:48,919
Speaker 18: Yeah, and it was my big falling out with Trevor

599
00:27:48,960 --> 00:27:50,640
Speaker 18: Millard because he thought I should never have.

600
00:27:50,600 --> 00:27:51,520
Speaker 8: Done the story.

601
00:27:51,840 --> 00:27:55,800
Speaker 18: I mean, this man, to me just cut a swathe

602
00:27:55,800 --> 00:27:58,480
Speaker 18: in Parliament that should never have been cut, even though

603
00:27:58,520 --> 00:28:01,240
Speaker 18: he says he improved the behavior of parliament.

604
00:28:01,600 --> 00:28:02,720
Speaker 10: Look at what we've got now.

605
00:28:03,320 --> 00:28:07,080
Speaker 18: I mean, honestly, I think he's home well and truly

606
00:28:07,640 --> 00:28:08,320
Speaker 18: after time.

607
00:28:09,680 --> 00:28:12,560
Speaker 2: Nicholas pretty stoked about the credit rating thing, isn't she?

608
00:28:12,720 --> 00:28:15,600
Speaker 18: And she should be two? I mean, you know New

609
00:28:15,720 --> 00:28:19,960
Speaker 18: Zealand getting a double A plus from Fitch, but it

610
00:28:20,040 --> 00:28:23,760
Speaker 18: follows on from other rating agencies as well, Moody's.

611
00:28:24,080 --> 00:28:25,199
Speaker 10: We've got an a double A.

612
00:28:25,320 --> 00:28:30,600
Speaker 18: There with standard and pause. We've going to double A plus,

613
00:28:30,640 --> 00:28:31,440
Speaker 18: the same as Pitch.

614
00:28:31,800 --> 00:28:32,600
Speaker 8: So it is good.

615
00:28:32,720 --> 00:28:36,520
Speaker 18: But the thing is that She's had to go at

616
00:28:37,119 --> 00:28:40,480
Speaker 18: Chris Hipkins on away in the debating chamber today for

617
00:28:40,560 --> 00:28:42,920
Speaker 18: what she says was playing down the level of debt

618
00:28:43,200 --> 00:28:47,760
Speaker 18: by saying that they have to fund infrastructure somehow and

619
00:28:48,400 --> 00:28:51,760
Speaker 18: playing down the interest bill to this country on it.

620
00:28:51,800 --> 00:28:55,120
Speaker 19: Here she is this kind of fiscal enumeracy is dangerous

621
00:28:55,160 --> 00:28:58,520
Speaker 19: for New Zealand because the fact is that our debt

622
00:28:58,560 --> 00:29:02,760
Speaker 19: servicing costs are currently eight point nine billion dollars a year.

623
00:29:02,840 --> 00:29:05,120
Speaker 19: I want to put that number in some context for you.

624
00:29:05,160 --> 00:29:10,120
Speaker 19: I see that I am taking over the Prime Minister's microphones. However,

625
00:29:10,240 --> 00:29:13,080
Speaker 19: I'm just going to proceed and that was not intentional.

626
00:29:13,480 --> 00:29:16,480
Speaker 19: That is enough to pay for the annual operating costs

627
00:29:16,800 --> 00:29:19,720
Speaker 19: of the Defense Force, combined with the New Zealand Police,

628
00:29:19,720 --> 00:29:23,320
Speaker 19: combined with the Customs Agency, combined with the Corrections Agency,

629
00:29:23,520 --> 00:29:26,280
Speaker 19: combined with the Ministry of Justice. And yet what Chris

630
00:29:26,320 --> 00:29:28,800
Speaker 19: Hipkins is trying to gaslight New Zealand is about is

631
00:29:28,840 --> 00:29:31,080
Speaker 19: that debt servicing costs are not something we need to

632
00:29:31,080 --> 00:29:31,640
Speaker 19: worry about.

633
00:29:31,960 --> 00:29:34,200
Speaker 20: I mean, is this just vintage National Party when they're

634
00:29:34,200 --> 00:29:35,920
Speaker 20: in a hole, and they're in a very big hole

635
00:29:35,960 --> 00:29:38,200
Speaker 20: at the moment, start throwing mud at the Labor Party.

636
00:29:38,320 --> 00:29:41,240
Speaker 20: That's what they do every time. But the reality is

637
00:29:41,480 --> 00:29:43,680
Speaker 20: their hole is getting deeper. They need to figure out

638
00:29:43,680 --> 00:29:45,640
Speaker 20: how to get themselves out of a hole without worrying

639
00:29:45,640 --> 00:29:46,760
Speaker 20: about other political parties.

640
00:29:46,840 --> 00:29:48,800
Speaker 18: So when you go from there, you don't go anywhere.

641
00:29:48,800 --> 00:29:49,080
Speaker 21: Really.

642
00:29:49,120 --> 00:29:54,120
Speaker 18: But look, it is true that New Zealand's debt, the

643
00:29:54,160 --> 00:29:57,200
Speaker 18: government debt, isn't as high as it has been in

644
00:29:57,240 --> 00:30:00,360
Speaker 18: the past. I mean I remember back to even the

645
00:30:00,400 --> 00:30:03,360
Speaker 18: Jimbolgier period. I think we had a higher debt to

646
00:30:03,560 --> 00:30:08,000
Speaker 18: GDP ratio then. So you know, we we can handle

647
00:30:08,080 --> 00:30:11,160
Speaker 18: debt like this. And Hipkins is right in a way,

648
00:30:11,680 --> 00:30:14,320
Speaker 18: you've got to borrow money to pay for infrastructure.

649
00:30:14,600 --> 00:30:16,600
Speaker 2: Oh yeah, what he buy us.

650
00:30:17,440 --> 00:30:19,400
Speaker 18: I'm not saying he did that. I'm saying you know

651
00:30:19,960 --> 00:30:21,000
Speaker 18: that as a general, princes.

652
00:30:21,160 --> 00:30:23,120
Speaker 2: That is the problem, Barry. It's that people have a

653
00:30:23,120 --> 00:30:25,720
Speaker 2: problem with this debt. Not so much necessarily because of

654
00:30:25,760 --> 00:30:28,360
Speaker 2: the debt situation. It's what we got for the debt,

655
00:30:28,560 --> 00:30:30,600
Speaker 2: which is bugger totally.

656
00:30:30,640 --> 00:30:31,880
Speaker 18: You're talking the COVID debt.

657
00:30:31,960 --> 00:30:32,160
Speaker 8: Yeah.

658
00:30:32,160 --> 00:30:35,920
Speaker 2: No, Chris Christ and his mate Chippy and Justin borrowed

659
00:30:35,960 --> 00:30:37,240
Speaker 2: a lot and bought bugger all.

660
00:30:37,320 --> 00:30:39,280
Speaker 10: Yeah, and you would have heard.

661
00:30:40,200 --> 00:30:43,360
Speaker 2: Yeah, I'll deal with it. Next note, and you know

662
00:30:43,400 --> 00:30:47,960
Speaker 2: it was Rachel sand of the Gospel London. I'll explained.

663
00:30:48,040 --> 00:30:50,600
Speaker 2: I'll explain. Thank you Barry So for senior political correspondence.

664
00:30:50,600 --> 00:30:53,320
Speaker 2: Seven away from five, putting the.

665
00:30:53,400 --> 00:30:56,680
Speaker 3: Tough questions to the newspeakers. The mic asking.

666
00:30:56,360 --> 00:30:58,480
Speaker 22: Breakfast contacts him to be doing very nicely.

667
00:30:58,480 --> 00:30:58,760
Speaker 15: Thank you.

668
00:30:58,800 --> 00:31:00,840
Speaker 22: Net profits up forty one per seen. Mike Pouch is

669
00:31:00,840 --> 00:31:03,720
Speaker 22: the contact CEO, and we like successful companies. But your

670
00:31:03,720 --> 00:31:06,640
Speaker 22: net profits up forty one percent and everyone's going to go, yeah, well,

671
00:31:06,640 --> 00:31:08,120
Speaker 22: I know why that is because it can't of form

672
00:31:08,160 --> 00:31:08,480
Speaker 22: my power.

673
00:31:08,760 --> 00:31:12,120
Speaker 15: Oh look no, look the profit staff and we can

674
00:31:12,160 --> 00:31:15,120
Speaker 15: reconcile it back. It's due to those projects that we've worked.

675
00:31:14,920 --> 00:31:15,880
Speaker 23: Very hard on building.

676
00:31:15,960 --> 00:31:19,000
Speaker 15: They're innovative, the GFRM or the base load they got.

677
00:31:18,880 --> 00:31:19,480
Speaker 3: To the country.

678
00:31:19,760 --> 00:31:23,080
Speaker 22: The electricity authority announced some sort of investigation of what's

679
00:31:23,120 --> 00:31:24,000
Speaker 22: going on your things?

680
00:31:24,160 --> 00:31:27,320
Speaker 6: Tense spat investigation was prompted by the stress and the

681
00:31:27,360 --> 00:31:28,720
Speaker 6: gas market and gas are fine.

682
00:31:28,760 --> 00:31:29,560
Speaker 15: We understand that.

683
00:31:29,800 --> 00:31:32,560
Speaker 22: Back tomorrow at six am, the mic hosking Breakfast with

684
00:31:32,720 --> 00:31:34,960
Speaker 22: Mayley's Real Estate News Talk ZB.

685
00:31:36,560 --> 00:31:38,320
Speaker 2: Four away from five. All right, this is what happened

686
00:31:38,320 --> 00:31:40,520
Speaker 2: with Nikola Willis. So, Nicola Willis walked onto the bridge

687
00:31:40,520 --> 00:31:43,000
Speaker 2: at Parliament today where all the government MPs do the

688
00:31:43,040 --> 00:31:45,280
Speaker 2: mini media conferences. You know, you'll see it on the

689
00:31:45,280 --> 00:31:47,479
Speaker 2: news all the time, and they do this every day

690
00:31:47,520 --> 00:31:50,040
Speaker 2: that the House is sitting, and it happened, including today.

691
00:31:50,080 --> 00:31:52,320
Speaker 2: And what happened is the media set up a bank

692
00:31:52,360 --> 00:31:55,360
Speaker 2: of microphones just for the Prime minister everybody else sort

693
00:31:55,360 --> 00:31:58,080
Speaker 2: of you know, jostles amount and stuff. Nicola Willis walked

694
00:31:58,160 --> 00:32:00,960
Speaker 2: up to the microphones and started talking and then he

695
00:32:01,000 --> 00:32:03,560
Speaker 2: came down and he had to and she realized she'd

696
00:32:03,640 --> 00:32:05,400
Speaker 2: nicked as Mike's and he had to stand over there

697
00:32:05,400 --> 00:32:07,680
Speaker 2: in the corner and do his little press conference, not

698
00:32:07,720 --> 00:32:08,640
Speaker 2: at the official place.

699
00:32:08,720 --> 00:32:10,960
Speaker 19: I want to put that number in some context for you.

700
00:32:11,040 --> 00:32:16,000
Speaker 19: I see that I am taking over the Prime Minister's microphones. However,

701
00:32:16,120 --> 00:32:18,920
Speaker 19: I'm just going to proceed. And that was not intentional,

702
00:32:19,360 --> 00:32:19,880
Speaker 19: and she was.

703
00:32:19,920 --> 00:32:21,960
Speaker 2: Chill about it, like he didn't mean it, and he

704
00:32:22,000 --> 00:32:24,080
Speaker 2: was chill oboh, she didn't mean it. Everybody's really chill

705
00:32:24,120 --> 00:32:27,840
Speaker 2: about it. But the timing is really awkward because unfortunately

706
00:32:27,920 --> 00:32:31,120
Speaker 2: this has just happened after the polls for him would

707
00:32:31,120 --> 00:32:33,120
Speaker 2: show that he's not doing well in the whispers about

708
00:32:33,160 --> 00:32:35,440
Speaker 2: will Erica stand for takeover, he's got to go. And

709
00:32:35,480 --> 00:32:37,880
Speaker 2: then she's been in London. This is Nikola. She's been

710
00:32:37,960 --> 00:32:40,320
Speaker 2: visiting the New Zealand Society over there and they've been

711
00:32:40,320 --> 00:32:42,960
Speaker 2: whispering about how she's a Prime Minister in waiting and

712
00:32:43,000 --> 00:32:45,440
Speaker 2: it's all come back here and after all of that,

713
00:32:45,520 --> 00:32:47,920
Speaker 2: then you're standing at the Prime Minister's microphones just kind

714
00:32:47,960 --> 00:32:50,880
Speaker 2: of you know, people are finding it hard to accept

715
00:32:50,920 --> 00:32:53,320
Speaker 2: that might have been a mistake. Now I tend to

716
00:32:53,320 --> 00:32:55,920
Speaker 2: feel that that was just a mistake. She just came

717
00:32:55,960 --> 00:32:58,000
Speaker 2: down early, thought she would have cleared it by the

718
00:32:58,000 --> 00:33:00,080
Speaker 2: time that he came down. Was what it looks like.

719
00:33:00,160 --> 00:33:02,960
Speaker 2: And Rachel Glucina's involvement is that she is the president

720
00:33:03,400 --> 00:33:06,760
Speaker 2: of the New Zealand Society. Oh, how we miss Rachel

721
00:33:06,800 --> 00:33:10,520
Speaker 2: Glucina stirring trouble for us. A there she is again, right,

722
00:33:10,560 --> 00:33:12,720
Speaker 2: We're off to the US again. Find out what's going

723
00:33:12,720 --> 00:33:14,040
Speaker 2: on there. News logs have been.

724
00:33:19,720 --> 00:33:22,160
Speaker 1: The only drive show you can try the truck to

725
00:33:22,240 --> 00:33:26,120
Speaker 1: ask the question, get the answers, find the FATA.

726
00:33:25,840 --> 00:33:29,760
Speaker 3: And give the analysis. Here the duplicy el and Drive.

727
00:33:29,880 --> 00:33:33,160
Speaker 1: With one New Zealand And the power of satellite mobile

728
00:33:33,320 --> 00:33:34,280
Speaker 1: newswks that be.

729
00:33:35,160 --> 00:33:38,240
Speaker 2: Afternoon following that big White House meeting overnight. It looks

730
00:33:38,280 --> 00:33:41,000
Speaker 2: like the next step could be Zelenski and Putin meeting

731
00:33:41,080 --> 00:33:43,680
Speaker 2: face to face in the next fortnight. Trump says it's

732
00:33:43,680 --> 00:33:45,600
Speaker 2: full steam ahead to bring peace to Ukraine.

733
00:33:45,880 --> 00:33:48,960
Speaker 24: We'll see in a certain period of time, not very

734
00:33:48,960 --> 00:33:51,920
Speaker 24: far from now, a week or two weeks, we're going

735
00:33:52,000 --> 00:33:54,320
Speaker 24: to know whether or not we're going to solve this

736
00:33:54,560 --> 00:33:57,640
Speaker 24: or is this horrible fighting and to continue. We'll do

737
00:33:57,760 --> 00:33:59,360
Speaker 24: the best to get it ended.

738
00:33:59,560 --> 00:34:02,280
Speaker 2: Doctor m Adams is a professor of US foreign policy

739
00:34:02,320 --> 00:34:06,840
Speaker 2: at America and University out of Washington, d C. High Gordon, Hi,

740
00:34:07,680 --> 00:34:09,840
Speaker 2: are you hopeful that what we saw today may in

741
00:34:09,880 --> 00:34:12,040
Speaker 2: fact be a step towards ending the fighting.

742
00:34:13,239 --> 00:34:15,040
Speaker 23: It's not clear to me that it will.

743
00:34:16,120 --> 00:34:18,840
Speaker 25: There's an awful lot of things being discussed, but nothing

744
00:34:18,960 --> 00:34:23,640
Speaker 25: is truly settled. Perhaps the only change that's really happened

745
00:34:23,680 --> 00:34:28,120
Speaker 25: between Alaska and Washington, d C. Today is that the

746
00:34:28,160 --> 00:34:32,200
Speaker 25: President stepped firmly away from a ceasefire and is prepared

747
00:34:32,200 --> 00:34:34,680
Speaker 25: to allow the negotiations to go towards some kind of

748
00:34:34,680 --> 00:34:37,960
Speaker 25: peace agreement. But nobody truly knows how long that is

749
00:34:38,000 --> 00:34:42,720
Speaker 25: going to take. Almost nothing is fully settled right now,

750
00:34:43,120 --> 00:34:45,160
Speaker 25: so any set of issues that you deal with in

751
00:34:45,200 --> 00:34:48,600
Speaker 25: this long lasting war is still up in the air,

752
00:34:48,719 --> 00:34:52,200
Speaker 25: and the fighting continues with the president having stepped away

753
00:34:52,239 --> 00:34:53,000
Speaker 25: from a ceasefire.

754
00:34:53,440 --> 00:34:55,760
Speaker 2: Given though how much we've watched, you know, in Alaska

755
00:34:55,800 --> 00:34:57,640
Speaker 2: and here in the White House, doesn't Trump have to

756
00:34:57,680 --> 00:34:59,359
Speaker 2: deliver or he'll be humiliated?

757
00:35:01,239 --> 00:35:03,279
Speaker 25: Yes, but it's not clear that he can because by

758
00:35:03,280 --> 00:35:07,239
Speaker 25: stepping away from a ceasefire, he has effectively put himself

759
00:35:07,600 --> 00:35:11,200
Speaker 25: behind Putin's position. You know, Putin was the one who said,

760
00:35:11,200 --> 00:35:12,960
Speaker 25: we're not going to do a ceasefire, we'll do a

761
00:35:12,960 --> 00:35:17,680
Speaker 25: peace agreement. And that's been clearly for Putin, a step

762
00:35:17,719 --> 00:35:21,120
Speaker 25: away from any agreement because as long as he feels

763
00:35:21,120 --> 00:35:24,360
Speaker 25: the Russian troops are making small advances, there's no incentive

764
00:35:24,400 --> 00:35:27,160
Speaker 25: for him to stop firing, and really no incentive for

765
00:35:27,239 --> 00:35:29,360
Speaker 25: a peace agreement at this point. The incentives on the

766
00:35:29,400 --> 00:35:33,560
Speaker 25: Russian side are quite weak. We're dealing here, too, with

767
00:35:33,800 --> 00:35:39,560
Speaker 25: a transactional chief executive in the American government. You know,

768
00:35:40,120 --> 00:35:42,360
Speaker 25: hang onto your seat belt if you want to know

769
00:35:42,400 --> 00:35:46,520
Speaker 25: what's coming next, because the changeability of this particular president

770
00:35:47,080 --> 00:35:50,320
Speaker 25: is rampant, which means tomorrow it could be a different

771
00:35:50,320 --> 00:35:51,920
Speaker 25: approach altogether from the one.

772
00:35:51,760 --> 00:35:53,040
Speaker 8: That was making sense today.

773
00:35:53,760 --> 00:35:56,240
Speaker 25: He's quite good dealing one on one or in small

774
00:35:56,280 --> 00:36:00,280
Speaker 25: groups with people where he's bouncing back and forth between

775
00:36:00,320 --> 00:36:02,600
Speaker 25: what they're saying and how he responds in the moment,

776
00:36:03,200 --> 00:36:06,640
Speaker 25: but it's not a president with a strategy, so it's

777
00:36:06,680 --> 00:36:10,319
Speaker 25: not clear where he will go next and when he

778
00:36:10,400 --> 00:36:13,560
Speaker 25: shifts position. It makes it doubly hard for any of

779
00:36:13,600 --> 00:36:18,080
Speaker 25: the other players, the Europeans or the Ukrainians to adjust

780
00:36:18,320 --> 00:36:21,320
Speaker 25: and cope and deal. None of the issues that stood

781
00:36:21,320 --> 00:36:25,359
Speaker 25: between Russia and Ukraine have been settled as of yet,

782
00:36:25,560 --> 00:36:26,200
Speaker 25: none of them.

783
00:36:26,680 --> 00:36:29,200
Speaker 2: It seems to me that apart from, you know, the

784
00:36:29,239 --> 00:36:30,960
Speaker 2: borders and how much land has to be given up,

785
00:36:31,000 --> 00:36:33,200
Speaker 2: the sticking point may in fact be what a security

786
00:36:33,239 --> 00:36:36,120
Speaker 2: agreement looks like. So what does a security agreement look

787
00:36:36,239 --> 00:36:38,200
Speaker 2: like for Ukraine that Putin's going to be okay with.

788
00:36:38,880 --> 00:36:40,759
Speaker 25: That is one of the things that is obviously for

789
00:36:40,840 --> 00:36:45,640
Speaker 25: the Ukrainians the key area. It's what Selensky has asked

790
00:36:45,680 --> 00:36:49,520
Speaker 25: for repeatedly in the years that these discussions have been

791
00:36:49,560 --> 00:36:52,680
Speaker 25: going on, and it's very clear that a huge gap

792
00:36:52,719 --> 00:36:56,239
Speaker 25: separates the Russians from the Ukrainians on a deal with

793
00:36:56,280 --> 00:36:59,120
Speaker 25: respect to security guarantees. The Russians have made it very

794
00:36:59,200 --> 00:37:03,640
Speaker 25: very clear that they do not want any option for

795
00:37:03,800 --> 00:37:07,759
Speaker 25: Ukrainian membership in NATO, and they do not want any European,

796
00:37:07,920 --> 00:37:12,840
Speaker 25: non Ukrainian troops in Ukraine providing that security guarantee. And

797
00:37:12,880 --> 00:37:16,080
Speaker 25: I can assure you that this president is unlikely to

798
00:37:16,120 --> 00:37:19,680
Speaker 25: provide American troops as a security guarantee. So from the

799
00:37:19,760 --> 00:37:22,879
Speaker 25: Ukrainian perspective, it's not clear what is going to make

800
00:37:22,920 --> 00:37:25,960
Speaker 25: them happy if they give up the territory that they

801
00:37:26,000 --> 00:37:30,080
Speaker 25: now control that the Russians want. They are effectively abandoning

802
00:37:30,120 --> 00:37:32,960
Speaker 25: defenses that work pretty well for them in terms of

803
00:37:33,080 --> 00:37:37,280
Speaker 25: staying a Russian advance and the rest of the Ukrainian

804
00:37:37,320 --> 00:37:40,800
Speaker 25: planes wheat planes are open for the Russians to start

805
00:37:40,880 --> 00:37:43,400
Speaker 25: up again at some other point in time. So this

806
00:37:43,600 --> 00:37:48,240
Speaker 25: is the security guarantee issue is the core issue now

807
00:37:48,960 --> 00:37:52,440
Speaker 25: in this disagreement. It seems like Ukrainians would be willing

808
00:37:52,920 --> 00:37:56,360
Speaker 25: to seed some land, probably the land that the Russians

809
00:37:56,360 --> 00:38:00,399
Speaker 25: now occupy, but not the remainder of the DNBAS. And

810
00:38:00,440 --> 00:38:04,920
Speaker 25: they want some troop presence, not just words from NATO

811
00:38:05,320 --> 00:38:07,080
Speaker 25: and from the United States in the form of a

812
00:38:07,120 --> 00:38:10,960
Speaker 25: security guarantee. NATO is unlikely to be able to put

813
00:38:10,960 --> 00:38:14,279
Speaker 25: troops there, and the United States, particularly this president, are

814
00:38:14,360 --> 00:38:18,160
Speaker 25: unlikely to make anything like an article faith commitment. If

815
00:38:18,160 --> 00:38:20,680
Speaker 25: you're attack will come at your defense, all right.

816
00:38:20,560 --> 00:38:23,160
Speaker 2: Gordon, thanks very much appreciated, Doctor Gordon Adams, Professor of

817
00:38:23,280 --> 00:38:25,680
Speaker 2: US Foreign Policy at American University.

818
00:38:25,760 --> 00:38:28,280
Speaker 3: Heather doul We have got new rules.

819
00:38:28,040 --> 00:38:30,080
Speaker 2: That are being touted as bringing down our power bills.

820
00:38:30,120 --> 00:38:32,560
Speaker 2: They're going to force the electricity gent tailors to sell

821
00:38:32,640 --> 00:38:34,960
Speaker 2: power to their retail arms at the same rate that

822
00:38:35,000 --> 00:38:38,120
Speaker 2: they sell power to everyone else, bringing basically banning discounts

823
00:38:38,160 --> 00:38:40,840
Speaker 2: to themselves. Simon Watts is the energy minister, hime.

824
00:38:40,719 --> 00:38:42,759
Speaker 8: Minister good a here, how are you?

825
00:38:42,920 --> 00:38:44,840
Speaker 2: I'm well, thank you. Won't this actually make the power

826
00:38:44,880 --> 00:38:48,000
Speaker 2: that they provide more expensive because they're charging themselves more.

827
00:38:49,320 --> 00:38:51,919
Speaker 26: No, the purpose of the changes is to mean that

828
00:38:51,960 --> 00:38:54,719
Speaker 26: when they they aren't going to be able to sell

829
00:38:54,760 --> 00:38:56,680
Speaker 26: it to themselves at a cheaper rate than what they

830
00:38:56,719 --> 00:39:00,720
Speaker 26: provide it to other independent players. What we've heard from

831
00:39:00,880 --> 00:39:02,960
Speaker 26: you know, a number of participants in the market is

832
00:39:03,200 --> 00:39:06,520
Speaker 26: that you know the fact that these big gent tailors

833
00:39:06,800 --> 00:39:10,480
Speaker 26: can in effect cross subsidized themselves, means that the smaller

834
00:39:10,480 --> 00:39:13,520
Speaker 26: players aren't getting a fair deal. These rules will stop

835
00:39:13,560 --> 00:39:16,279
Speaker 26: them doing that and as a result we'll see more competition,

836
00:39:16,719 --> 00:39:20,440
Speaker 26: and more competition in the market means downward pressure on prices,

837
00:39:20,480 --> 00:39:22,319
Speaker 26: which is a major driver of cost of living at

838
00:39:22,360 --> 00:39:22,600
Speaker 26: the moment.

839
00:39:22,760 --> 00:39:25,200
Speaker 2: This announcement today, this this come about as a result

840
00:39:25,200 --> 00:39:26,200
Speaker 2: of that meeting last night.

841
00:39:27,920 --> 00:39:30,520
Speaker 8: We've had a number of discussions.

842
00:39:30,520 --> 00:39:32,759
Speaker 26: Actually, as Minister I announced that we're going to do

843
00:39:32,800 --> 00:39:35,960
Speaker 26: this work probably four weeks into my role, and as

844
00:39:36,000 --> 00:39:39,000
Speaker 26: a result of announcements today we're basically doing it.

845
00:39:39,080 --> 00:39:40,960
Speaker 8: So you know, it's an important step.

846
00:39:41,719 --> 00:39:44,120
Speaker 2: Ignored My question as if I didn't ask, no I did.

847
00:39:45,719 --> 00:39:47,839
Speaker 2: Is this announcement today as a result of the meeting

848
00:39:47,920 --> 00:39:49,399
Speaker 2: last night? Did you talk about it at the meeting

849
00:39:49,480 --> 00:39:49,799
Speaker 2: last night?

850
00:39:49,840 --> 00:39:53,040
Speaker 8: Well, I have a lot of meetings. I'm at Parliamental tenet.

851
00:39:52,800 --> 00:39:57,000
Speaker 2: Ignoring mister yeah, now listen, I mean, I you know whatever,

852
00:39:57,200 --> 00:39:58,880
Speaker 2: This is fine that you made this announcement. This is

853
00:39:58,920 --> 00:40:00,759
Speaker 2: not going to fix the electricity market. If you're having

854
00:40:00,760 --> 00:40:02,440
Speaker 2: meetings like the one you had last night, where's the

855
00:40:02,480 --> 00:40:06,440
Speaker 2: actual plan. We're two winters in with you guys, it.

856
00:40:06,440 --> 00:40:08,920
Speaker 26: Is important that we take the steps that we're taking

857
00:40:08,960 --> 00:40:11,759
Speaker 26: around improving competition and particularly around the gen Taylor's. We

858
00:40:11,800 --> 00:40:13,879
Speaker 26: said we were going to do that, and what we're

859
00:40:13,920 --> 00:40:15,840
Speaker 26: doing today is a become on.

860
00:40:15,880 --> 00:40:18,160
Speaker 2: But Simon, you know, and I appreciate that you're making

861
00:40:18,200 --> 00:40:20,600
Speaker 2: an effort, but you know and I know that you're

862
00:40:20,640 --> 00:40:23,600
Speaker 2: tinkering here, right. You need to do something massive to

863
00:40:23,680 --> 00:40:26,920
Speaker 2: fix the electricity market. Where is that plan?

864
00:40:28,040 --> 00:40:31,680
Speaker 8: So that plan is currently being considered by cabinet and

865
00:40:31,760 --> 00:40:32,320
Speaker 8: will we make it?

866
00:40:32,600 --> 00:40:32,640
Speaker 9: This?

867
00:40:32,880 --> 00:40:36,200
Speaker 2: Is it being considered? Is it really being considered by cabinet?

868
00:40:37,239 --> 00:40:38,960
Speaker 8: It is going to be considered in the coming week.

869
00:40:39,040 --> 00:40:42,920
Speaker 2: Hold on, is it dinner or is it because you

870
00:40:42,960 --> 00:40:45,400
Speaker 2: said to me before, it is being considered by cabinet?

871
00:40:45,400 --> 00:40:48,960
Speaker 2: It is not being considered by cabinet? Is it?

872
00:40:48,960 --> 00:40:50,320
Speaker 8: It will be considered by cabinet?

873
00:40:50,400 --> 00:40:52,440
Speaker 2: Yes, Okay, how long is it going to take you

874
00:40:52,520 --> 00:40:53,920
Speaker 2: to come You haven't got a plan at the minute,

875
00:40:53,960 --> 00:40:55,080
Speaker 2: so how long is it going to take you to

876
00:40:55,080 --> 00:40:55,839
Speaker 2: come up with this plan?

877
00:40:56,600 --> 00:41:00,440
Speaker 26: We're currently working through the plan and the decision and

878
00:41:00,520 --> 00:41:03,399
Speaker 26: cabinet will consider that in short order. And as I've

879
00:41:03,400 --> 00:41:07,000
Speaker 26: said previously, I expect to make announcements of that in September.

880
00:41:07,239 --> 00:41:10,600
Speaker 2: My frustration about this is Simon that what is going

881
00:41:10,680 --> 00:41:12,680
Speaker 2: on with electricity and energy in this country is one

882
00:41:12,719 --> 00:41:14,800
Speaker 2: of the biggest problems that we are facing, to the

883
00:41:14,840 --> 00:41:17,600
Speaker 2: point of it being a crisis. We are two winters

884
00:41:17,640 --> 00:41:19,560
Speaker 2: in with you guys, and we're about to go into

885
00:41:19,560 --> 00:41:21,759
Speaker 2: a third in a few months time, and there is

886
00:41:21,800 --> 00:41:23,320
Speaker 2: no plan. So are you going to have a plan

887
00:41:23,760 --> 00:41:25,560
Speaker 2: for something as big as this before we go into

888
00:41:25,600 --> 00:41:26,440
Speaker 2: the next winter with you?

889
00:41:27,360 --> 00:41:29,400
Speaker 26: We're currently working on a plan to deal with the

890
00:41:29,480 --> 00:41:32,200
Speaker 26: root cause issues that we're facing in the energy market,

891
00:41:32,239 --> 00:41:36,640
Speaker 26: and will we have it before very Yes, we will

892
00:41:36,680 --> 00:41:39,520
Speaker 26: have that before next winter because we're working through that.

893
00:41:39,520 --> 00:41:42,520
Speaker 26: But as you know, this is a complex and challenging area.

894
00:41:42,560 --> 00:41:45,520
Speaker 26: I know that people want this yesterday, but we are

895
00:41:45,560 --> 00:41:47,759
Speaker 26: working through it very methodically to make sure that we

896
00:41:47,840 --> 00:41:50,120
Speaker 26: get it right. If we do something, we need to

897
00:41:50,160 --> 00:41:53,560
Speaker 26: make sure it deliversy outcomes that have been identified, and

898
00:41:53,640 --> 00:41:56,080
Speaker 26: that is a major focus and priority for me.

899
00:41:56,400 --> 00:41:58,680
Speaker 2: I think you're being unfair saying we wanted it yesterday.

900
00:41:58,920 --> 00:42:01,200
Speaker 2: This is the second winter with you guys. Like you guys,

901
00:42:02,120 --> 00:42:04,040
Speaker 2: it's not I mean, I don't think that that people

902
00:42:04,160 --> 00:42:06,560
Speaker 2: asking for a plan now, is being unreasonable? I think

903
00:42:06,600 --> 00:42:08,840
Speaker 2: probably your delays have been unreasonable, don't.

904
00:42:08,640 --> 00:42:12,080
Speaker 26: You think I don't think it's unreasonable. I think it's

905
00:42:12,200 --> 00:42:14,560
Speaker 26: to acknowledge the fact that actually the solutions to the

906
00:42:14,600 --> 00:42:18,040
Speaker 26: problems are complex and are challenging, and so we've got

907
00:42:18,040 --> 00:42:20,440
Speaker 26: to work through that in a thoughtful manner.

908
00:42:20,640 --> 00:42:23,239
Speaker 2: But you know what you've got. You commissioned here's the problem.

909
00:42:23,320 --> 00:42:25,800
Speaker 2: You commissioned the Frontier report. You have got the Frontier

910
00:42:25,800 --> 00:42:27,480
Speaker 2: Report sitting on your desk. It has been on your

911
00:42:27,480 --> 00:42:29,080
Speaker 2: desk for months, and you've done nothing with it. So

912
00:42:29,120 --> 00:42:30,000
Speaker 2: when's that coming out?

913
00:42:31,040 --> 00:42:31,160
Speaker 4: Oh?

914
00:42:31,239 --> 00:42:32,840
Speaker 8: No, I don't agree that we've done nothing with it.

915
00:42:32,840 --> 00:42:35,920
Speaker 26: We're working through how you would turn those recommendations into

916
00:42:36,000 --> 00:42:39,120
Speaker 26: an implementation plan to actually action and be sure that

917
00:42:39,120 --> 00:42:42,680
Speaker 26: that will derive the outcomes. That takes time and it

918
00:42:42,719 --> 00:42:44,400
Speaker 26: takes a number of experts.

919
00:42:44,040 --> 00:42:45,080
Speaker 8: To be able to work through that.

920
00:42:45,200 --> 00:42:46,600
Speaker 2: When is that report's coming out?

921
00:42:47,960 --> 00:42:51,200
Speaker 26: We'll be publishing that when we make announcements following Cabinet's decision,

922
00:42:51,200 --> 00:42:52,719
Speaker 26: which I expect will be in September.

923
00:42:52,800 --> 00:42:55,040
Speaker 2: Excellent. Hey, thank you very much, Simon. I appreciate your time.

924
00:42:55,080 --> 00:42:58,880
Speaker 2: That's Simon. What's the energy Minister sixteen past five. Have

925
00:42:59,080 --> 00:43:02,400
Speaker 2: it So Day is just around the corner. It's happening Friday,

926
00:43:02,400 --> 00:43:04,600
Speaker 2: August twenty nine, and daffitl Day is a chance for

927
00:43:04,680 --> 00:43:06,600
Speaker 2: us all to support the one in three New Zealanders

928
00:43:06,600 --> 00:43:08,719
Speaker 2: who are affected by cancer. And that's why A and

929
00:43:08,800 --> 00:43:11,240
Speaker 2: Z has been a proud partner of the Cancer Society

930
00:43:11,280 --> 00:43:14,239
Speaker 2: for thirty five years and stands with our community and

931
00:43:14,320 --> 00:43:17,440
Speaker 2: supporting this important cause. Now this Daffitil Day, your donation

932
00:43:17,560 --> 00:43:22,240
Speaker 2: helps provide vital care, transports, treatment, nurses, accommodation and counseling.

933
00:43:22,280 --> 00:43:25,680
Speaker 2: And it also supports prevention programs and research that helps

934
00:43:25,719 --> 00:43:28,600
Speaker 2: improve outcomes for future generations. So we're yellow on the

935
00:43:28,680 --> 00:43:31,279
Speaker 2: day by yourself a daffodil show you'll support, but if

936
00:43:31,320 --> 00:43:33,960
Speaker 2: you can go one step further, make a donation as well.

937
00:43:34,000 --> 00:43:36,839
Speaker 2: Because every single daffodil, every single dollar, every single bit

938
00:43:36,840 --> 00:43:39,680
Speaker 2: of kindness counts. It's all about care, it's about hope,

939
00:43:39,760 --> 00:43:41,719
Speaker 2: it's about standing with those who need it most. So

940
00:43:41,800 --> 00:43:44,800
Speaker 2: let's make every daffodil count With A and Z text

941
00:43:44,920 --> 00:43:48,279
Speaker 2: donate to three four nine three. There's three four nine three.

942
00:43:48,400 --> 00:43:50,239
Speaker 2: Just text the word donate and make an instant three

943
00:43:50,280 --> 00:43:54,000
Speaker 2: dollar donation to the Cancer Society ever due for cel

944
00:43:54,239 --> 00:43:56,520
Speaker 2: Whether I think it's you that's being unreasonable. Getting pussy

945
00:43:56,520 --> 00:43:58,799
Speaker 2: about timing isn't helpful. Well, Travis, tell that to the

946
00:43:58,800 --> 00:44:01,640
Speaker 2: businesses who are folding because they can't afford gas right now, anyway,

947
00:44:01,640 --> 00:44:03,960
Speaker 2: we'll come back to that in a tick. This, by

948
00:44:04,000 --> 00:44:05,880
Speaker 2: the way, listen to this. This sounds like Gareth Morgan,

949
00:44:05,880 --> 00:44:06,399
Speaker 2: doesn't It.

950
00:44:06,520 --> 00:44:08,879
Speaker 27: Banks On in the business of growing your wealth. They're

951
00:44:08,880 --> 00:44:11,640
Speaker 27: in the business of growing their own. Stop playing their game.

952
00:44:11,960 --> 00:44:14,600
Speaker 27: I've teamed up with a US investment group to focus

953
00:44:14,600 --> 00:44:16,680
Speaker 27: on world opportunities on the US market.

954
00:44:16,960 --> 00:44:20,600
Speaker 2: It's not Gareth Morgan. It's deep fake Gareth Morgan. That

955
00:44:20,680 --> 00:44:23,480
Speaker 2: is so good. It sounded like Gareth Morgan that even

956
00:44:23,560 --> 00:44:25,360
Speaker 2: he thought it was himself. The only reason that he

957
00:44:25,440 --> 00:44:27,520
Speaker 2: knew it wasn't him was because he didn't recognize the

958
00:44:27,560 --> 00:44:29,920
Speaker 2: building he was apparently standing in front of. He's going

959
00:44:29,960 --> 00:44:31,920
Speaker 2: to be with us after the news in about ten

960
00:44:31,960 --> 00:44:35,000
Speaker 2: minutes time. On that now listen, this will blow your

961
00:44:35,040 --> 00:44:39,960
Speaker 2: mind potentially at how ridiculous government departments are with spending money.

962
00:44:40,320 --> 00:44:42,560
Speaker 2: So Brook van Valden is the minister who is in

963
00:44:42,680 --> 00:44:45,960
Speaker 2: charge of internal affairs, right she wanted Internal Affairs to

964
00:44:46,040 --> 00:44:48,400
Speaker 2: change its logo to put the English name above the

965
00:44:48,440 --> 00:44:50,279
Speaker 2: Marty name. At the moment, what it is. On the

966
00:44:50,360 --> 00:44:53,480
Speaker 2: left you've got the crest and then on the right

967
00:44:53,560 --> 00:44:56,360
Speaker 2: you've got the two names Marty on top, English at

968
00:44:56,360 --> 00:44:57,960
Speaker 2: the bottom, And she just wanted them to switch them

969
00:44:57,960 --> 00:44:59,440
Speaker 2: so the English was at the top and the and

970
00:44:59,480 --> 00:45:01,640
Speaker 2: it wasn't You wouldn't have to change any signage outside

971
00:45:01,640 --> 00:45:05,399
Speaker 2: buildings or any printed letter heads on paper, nothing like that.

972
00:45:05,600 --> 00:45:08,160
Speaker 2: This was just for digital use. It was just going

973
00:45:08,239 --> 00:45:10,880
Speaker 2: to be on social media, on the website, on emails,

974
00:45:10,920 --> 00:45:16,240
Speaker 2: that kind of thing. Staff estimated that switching the names

975
00:45:16,640 --> 00:45:19,560
Speaker 2: would require at least fifty hours of staff time and

976
00:45:19,600 --> 00:45:23,480
Speaker 2: potentially the use of external consultants or resources. The Minister

977
00:45:23,520 --> 00:45:26,680
Speaker 2: looked at that and guffought as she should, and pushed

978
00:45:26,719 --> 00:45:29,520
Speaker 2: back on the suggestion. She said, I could do this

979
00:45:29,640 --> 00:45:33,160
Speaker 2: myself on Photoshop for net zero for near zero cost.

980
00:45:33,480 --> 00:45:35,799
Speaker 2: So staff went away and thought about it again, and

981
00:45:35,840 --> 00:45:38,759
Speaker 2: then they did it for the external cost of seven

982
00:45:38,880 --> 00:45:41,440
Speaker 2: hundred and forty one dollars plus GST. So when the

983
00:45:41,520 --> 00:45:43,520
Speaker 2: end it cost US eight hundred and fifty two dollars

984
00:45:43,520 --> 00:45:45,359
Speaker 2: fifteen I don't quite know. Why they had to get

985
00:45:45,360 --> 00:45:48,239
Speaker 2: somebody externally to do it, because it literally you could

986
00:45:48,239 --> 00:45:50,640
Speaker 2: just open your yet. You remember paint, You just open

987
00:45:50,719 --> 00:45:52,920
Speaker 2: paint and then you get that one that you the

988
00:45:52,920 --> 00:45:55,800
Speaker 2: one that makes the square and you and you go copy,

989
00:45:55,840 --> 00:45:56,960
Speaker 2: and then you move it to the top, and then

990
00:45:57,000 --> 00:45:59,440
Speaker 2: you get the bottom one. You make the square around,

991
00:45:59,440 --> 00:46:01,040
Speaker 2: you go copy, you move it to the put it

992
00:46:01,080 --> 00:46:03,480
Speaker 2: in the place, and bring the other one back. Done

993
00:46:03,719 --> 00:46:06,600
Speaker 2: costume nothing. So why they had to get somebody externally

994
00:46:06,640 --> 00:46:08,360
Speaker 2: to do it, I don't know. But there you go

995
00:46:08,480 --> 00:46:11,279
Speaker 2: fifty hours. That's how profligate they are with your money.

996
00:46:11,360 --> 00:46:12,120
Speaker 2: Five twenty two.

997
00:46:12,880 --> 00:46:16,719
Speaker 1: Digging deeper into the day's headlines, it's Heather duplicl and

998
00:46:16,880 --> 00:46:20,000
Speaker 1: Drive with one New Zealand coverage.

999
00:46:19,520 --> 00:46:21,760
Speaker 3: Like no one else newth talks, they'd.

1000
00:46:21,560 --> 00:46:24,560
Speaker 2: Be ah five twenty five. Listen, I'm starting to feel

1001
00:46:24,560 --> 00:46:27,200
Speaker 2: like power is the new supermarket, say exactly, Like the

1002
00:46:27,200 --> 00:46:29,600
Speaker 2: government has banged on about how the supermarkets are ripping

1003
00:46:29,680 --> 00:46:31,439
Speaker 2: us off and they're not done anything about it. They've

1004
00:46:31,480 --> 00:46:34,160
Speaker 2: been banging on about the electricity situation, but they haven't

1005
00:46:34,200 --> 00:46:36,719
Speaker 2: yet done anything about it. So today we just talked

1006
00:46:36,719 --> 00:46:38,720
Speaker 2: about it. We had the announcement that the gent tailors

1007
00:46:38,719 --> 00:46:41,120
Speaker 2: will have to sell the power from their generation departments

1008
00:46:41,120 --> 00:46:43,120
Speaker 2: to their retail departments at the same price that the

1009
00:46:43,160 --> 00:46:46,920
Speaker 2: seller to the smaller retailers, so that the smaller retailers

1010
00:46:46,960 --> 00:46:49,439
Speaker 2: have can compete fairly and have a level playing field.

1011
00:46:49,480 --> 00:46:52,440
Speaker 2: Now that's nice. I don't have problem with that. If

1012
00:46:52,440 --> 00:46:54,440
Speaker 2: it works. I'm not sure it's going to work. But

1013
00:46:54,480 --> 00:46:58,080
Speaker 2: if it works, it's only tinkering. Maybe it'll save us

1014
00:46:58,120 --> 00:47:00,560
Speaker 2: a few dollars every month. That's I'm not dealing with

1015
00:47:00,600 --> 00:47:02,920
Speaker 2: the actual problem. That we've got a few dollars every

1016
00:47:02,920 --> 00:47:05,719
Speaker 2: month's not a problem when you think about what is

1017
00:47:05,760 --> 00:47:09,000
Speaker 2: actually going on. The actual problem is balance. Agriculture is

1018
00:47:09,040 --> 00:47:10,560
Speaker 2: going to have to shut down for four months if

1019
00:47:10,560 --> 00:47:13,080
Speaker 2: they can't find a new gas contract because Contact Energy

1020
00:47:13,120 --> 00:47:15,879
Speaker 2: bought their contract. Meth and X has to shut down

1021
00:47:15,920 --> 00:47:18,120
Speaker 2: every winter now so that we have enough gas for everyone.

1022
00:47:18,320 --> 00:47:21,200
Speaker 2: Pulp mills have shut a paper recycled mill has shut

1023
00:47:21,320 --> 00:47:23,920
Speaker 2: A massive tomato grower is considering shutting down parts of

1024
00:47:23,960 --> 00:47:26,080
Speaker 2: its business. That's just to name a few. This is

1025
00:47:26,080 --> 00:47:28,040
Speaker 2: happening all over the country right now. The country is

1026
00:47:28,080 --> 00:47:32,160
Speaker 2: de industrializing and losing huge amounts of minute money, possibly

1027
00:47:32,200 --> 00:47:35,200
Speaker 2: into billions. Now, we probably use the crisis a little

1028
00:47:35,200 --> 00:47:36,839
Speaker 2: bit too much at the moment, but I think this

1029
00:47:36,880 --> 00:47:40,280
Speaker 2: is an actual crisis. Where's the plan when the government's

1030
00:47:40,280 --> 00:47:42,279
Speaker 2: got a report sitting on the desk, have had it

1031
00:47:42,320 --> 00:47:44,400
Speaker 2: for weeks. They had a meeting up in the Beehive

1032
00:47:44,400 --> 00:47:46,400
Speaker 2: with the Energy Minister and the Finance Minister and the

1033
00:47:46,400 --> 00:47:49,080
Speaker 2: Prime Ministan Shane Jones last night. But they've got no plan.

1034
00:47:49,320 --> 00:47:51,359
Speaker 2: And I know they've got no plan because I've been

1035
00:47:51,360 --> 00:47:54,480
Speaker 2: told by people who know things they have got no plan.

1036
00:47:54,920 --> 00:47:57,440
Speaker 2: We're in the second winter with the coalition government. They

1037
00:47:57,440 --> 00:47:59,680
Speaker 2: had better come up with the plan before next winter,

1038
00:48:00,080 --> 00:48:02,400
Speaker 2: otherwise it's just going to be another case of us

1039
00:48:02,400 --> 00:48:04,719
Speaker 2: starting to see, just like with the supermarkets, through all

1040
00:48:04,760 --> 00:48:06,360
Speaker 2: of this hot air and lack of action.

1041
00:48:07,520 --> 00:48:08,759
Speaker 3: Heather du for the Ellen.

1042
00:48:09,360 --> 00:48:11,520
Speaker 2: Heather, it is pretty funny that the energy minister is

1043
00:48:11,560 --> 00:48:15,959
Speaker 2: called watts given that we need more watts. That is great.

1044
00:48:15,320 --> 00:48:18,480
Speaker 2: If ants ever there was a time to play that noise,

1045
00:48:18,520 --> 00:48:21,920
Speaker 2: thank you there it is. We got this right. Oh,

1046
00:48:22,000 --> 00:48:24,160
Speaker 2: we're going to talk to Gareth Morgan after the headlines

1047
00:48:24,160 --> 00:48:25,640
Speaker 2: which are coming up at us, and also I'm going

1048
00:48:25,680 --> 00:48:27,160
Speaker 2: to have to get you through the reasons why we

1049
00:48:27,239 --> 00:48:29,080
Speaker 2: believe that Taylor Swift is going to be the one

1050
00:48:29,080 --> 00:48:31,239
Speaker 2: playing at the Super Bowl. I know I can't wait

1051
00:48:31,239 --> 00:48:32,880
Speaker 2: to hear that. One News is next.

1052
00:48:47,760 --> 00:48:51,279
Speaker 1: The day's newspakers talk to Heather First, Heather du for

1053
00:48:51,440 --> 00:48:54,480
Speaker 1: they Ellen Drive with One New Zealand and the Power

1054
00:48:54,520 --> 00:48:57,400
Speaker 1: of Satellite Mobile News Talk said, are you.

1055
00:49:02,120 --> 00:49:03,560
Speaker 3: Aware to.

1056
00:49:06,360 --> 00:49:08,719
Speaker 2: That interview with Simon wats is exactly why we're also

1057
00:49:08,760 --> 00:49:11,160
Speaker 2: disappointed in National They talk a good fites, but they

1058
00:49:11,160 --> 00:49:15,160
Speaker 2: don't address the real issues. Tinkering is so correct. Listen,

1059
00:49:15,200 --> 00:49:17,560
Speaker 2: we're on the subject of the electricity market. We're gonna

1060
00:49:17,560 --> 00:49:19,719
Speaker 2: have a chat to Mercury Energy. After six they've had

1061
00:49:19,760 --> 00:49:22,319
Speaker 2: a bit of a rough year. They're operating profits down

1062
00:49:22,360 --> 00:49:24,280
Speaker 2: on what it was last year. They're still pretty pretty

1063
00:49:24,280 --> 00:49:27,120
Speaker 2: confident about the future, but at the minute not seeing it.

1064
00:49:27,200 --> 00:49:29,359
Speaker 2: And we've also got the Huddle standing by right now.

1065
00:49:29,360 --> 00:49:33,000
Speaker 2: It's twenty four away from six now. AI deep fakes

1066
00:49:33,360 --> 00:49:35,799
Speaker 2: apparently getting so real that they're even starting to trick

1067
00:49:35,840 --> 00:49:38,400
Speaker 2: the people they're supposed to be imitating. Gareth Morgan is

1068
00:49:38,400 --> 00:49:41,480
Speaker 2: the latest target of one of these scams. In this video,

1069
00:49:41,560 --> 00:49:45,160
Speaker 2: he's asking Keywis to invest in a dodgy US investment scheme.

1070
00:49:45,080 --> 00:49:47,439
Speaker 27: Banks on in the business of growing your wealth. They're

1071
00:49:47,480 --> 00:49:50,200
Speaker 27: in the business of growing their own Stop playing their game.

1072
00:49:50,520 --> 00:49:53,120
Speaker 27: I've teamed up with a US investment group, so focus

1073
00:49:53,200 --> 00:49:55,200
Speaker 27: on world opportunities on the US market.

1074
00:49:55,320 --> 00:49:58,799
Speaker 2: Gareth is with us. Now, Hey, Gareth, hell are you?

1075
00:49:59,000 --> 00:50:00,279
Speaker 2: It's pretty good? It's pretty good.

1076
00:50:00,320 --> 00:50:01,920
Speaker 15: Eh, it's awesome.

1077
00:50:02,480 --> 00:50:05,400
Speaker 21: Like I'm in the video, it's just unbelievable. I just

1078
00:50:05,680 --> 00:50:09,160
Speaker 21: I've watched it two or three times now and I

1079
00:50:09,200 --> 00:50:09,920
Speaker 21: can't believe me.

1080
00:50:10,440 --> 00:50:13,359
Speaker 2: You can't believe is there No, I haven't watched it.

1081
00:50:13,400 --> 00:50:15,440
Speaker 2: Is there no giveaway, like, there's no kind of like

1082
00:50:15,600 --> 00:50:17,440
Speaker 2: ulipping or anything like that. It's just legitimate.

1083
00:50:17,680 --> 00:50:20,960
Speaker 21: The only giveaway is the backdrop is I don't recognize

1084
00:50:21,040 --> 00:50:26,160
Speaker 21: the house behind behind me. But everything else like that,

1085
00:50:26,400 --> 00:50:30,320
Speaker 21: you know, obviously, the face, the lip movement, the voice, obviously.

1086
00:50:31,080 --> 00:50:32,200
Speaker 21: I mean I can't tell.

1087
00:50:32,360 --> 00:50:34,560
Speaker 2: Yeah, interesting, have you have you run it past Joe

1088
00:50:34,680 --> 00:50:35,440
Speaker 2: or any of the kids.

1089
00:50:37,280 --> 00:50:39,960
Speaker 21: I haven't actually asked Jane what she thinks of it,

1090
00:50:40,080 --> 00:50:41,120
Speaker 21: but yeah, that's a good.

1091
00:50:41,000 --> 00:50:45,320
Speaker 2: Idea, unfailingly blunt, and she'll tell you what she really thinks.

1092
00:50:45,360 --> 00:50:48,200
Speaker 21: Oh yeah, no, I know. It's the embarrassing because it

1093
00:50:48,239 --> 00:50:48,680
Speaker 21: was one of it.

1094
00:50:48,719 --> 00:50:50,560
Speaker 2: Was it your daughter who spotted it first?

1095
00:50:51,000 --> 00:50:53,520
Speaker 21: Yeah, one of the daughters that really rang up five

1096
00:50:53,560 --> 00:50:55,879
Speaker 21: of them. I know she tested me for Hey Dad,

1097
00:50:55,880 --> 00:50:58,000
Speaker 21: have you seen this? But what she saw was the

1098
00:50:58,040 --> 00:51:00,960
Speaker 21: written words. She didn't see the video that came to matter.

1099
00:51:01,600 --> 00:51:04,080
Speaker 21: So she just saw the Facebook post and it was

1100
00:51:04,080 --> 00:51:07,439
Speaker 21: an ad actually, and it's come out of the UK

1101
00:51:08,360 --> 00:51:11,160
Speaker 21: when you trace it back. But you know, I've been

1102
00:51:11,280 --> 00:51:13,839
Speaker 21: to Facebook a few times and as them to take

1103
00:51:13,880 --> 00:51:16,279
Speaker 21: it down, blah blah. But of course you don't get

1104
00:51:16,280 --> 00:51:19,200
Speaker 21: a human being. You just get a dialogue box to

1105
00:51:19,280 --> 00:51:21,200
Speaker 21: throw out and off it goes. You don't even get

1106
00:51:21,200 --> 00:51:27,880
Speaker 21: an acknowledgment that you've sent it, so you're completely powerless.

1107
00:51:27,920 --> 00:51:28,720
Speaker 21: You can't do anything.

1108
00:51:28,719 --> 00:51:31,160
Speaker 2: It just goes into this giant hole where every complaint

1109
00:51:31,160 --> 00:51:33,319
Speaker 2: into Facebook goes and they never do anything about it.

1110
00:51:34,280 --> 00:51:34,360
Speaker 4: No.

1111
00:51:34,520 --> 00:51:36,839
Speaker 21: Well, I mean they're more powerful in countries, so an

1112
00:51:36,960 --> 00:51:39,000
Speaker 21: individual's not going to be able to stop anything.

1113
00:51:39,080 --> 00:51:42,600
Speaker 2: Heather, how do we get around the scareth If we've

1114
00:51:42,600 --> 00:51:44,960
Speaker 2: got deep fake videos that are even convincing the people

1115
00:51:45,000 --> 00:51:47,160
Speaker 2: that they are of, how do the rest of us

1116
00:51:47,200 --> 00:51:48,799
Speaker 2: know that we can't trust it?

1117
00:51:50,400 --> 00:51:53,719
Speaker 21: Well, you know, I would have thought by now that

1118
00:51:53,840 --> 00:51:57,640
Speaker 21: with these sort of social media Twitter and Facebook, and

1119
00:51:57,680 --> 00:52:01,919
Speaker 21: that people will realize that, you know, there's so much

1120
00:52:02,760 --> 00:52:06,479
Speaker 21: false stuff on them that they're not worth bothering. When

1121
00:52:06,640 --> 00:52:08,680
Speaker 21: and you know that's what we normally do, don't we

1122
00:52:08,840 --> 00:52:11,400
Speaker 21: self censor? They said, well, that's just crap, so we

1123
00:52:11,520 --> 00:52:14,640
Speaker 21: go somewhere else. But I think that, on the other hand,

1124
00:52:14,719 --> 00:52:17,200
Speaker 21: the draw card of having all your friends there being

1125
00:52:17,200 --> 00:52:20,480
Speaker 21: able to chat back and forth so powerful that people

1126
00:52:20,600 --> 00:52:23,560
Speaker 21: just turn a blind eye to, so it's not self censoring,

1127
00:52:25,040 --> 00:52:27,399
Speaker 21: you know. I think that's that's the issue. I mean,

1128
00:52:27,400 --> 00:52:29,640
Speaker 21: it reminds me actually the early days of trade Me,

1129
00:52:30,280 --> 00:52:33,960
Speaker 21: when we did trade me way back then and people

1130
00:52:34,000 --> 00:52:36,960
Speaker 21: started complaining, hey, this guy's taking my money and you know,

1131
00:52:37,080 --> 00:52:38,759
Speaker 21: the goods are fake and all the rest of it.

1132
00:52:39,200 --> 00:52:41,319
Speaker 21: And how trade Me got round it in the end

1133
00:52:41,400 --> 00:52:43,759
Speaker 21: was having that star system, you know, where you rank

1134
00:52:43,840 --> 00:52:46,520
Speaker 21: each other, the buyers and sellers, and that's that is

1135
00:52:46,600 --> 00:52:51,680
Speaker 21: self regulating. But Facebook doesn't have that, you see, and

1136
00:52:51,800 --> 00:52:54,160
Speaker 21: has nothing like that, so it just lets it work.

1137
00:52:54,560 --> 00:52:56,520
Speaker 21: And you know, you read that book by that New

1138
00:52:56,600 --> 00:53:00,920
Speaker 21: Zealand lady who was when Williams an awesome mock by

1139
00:53:00,960 --> 00:53:03,720
Speaker 21: the way, I mean, she really gave you a window

1140
00:53:03,760 --> 00:53:06,680
Speaker 21: into the culture of the highest cechelons, which is they

1141
00:53:06,719 --> 00:53:09,880
Speaker 21: don't care because we're you know, we're so powerful, no

1142
00:53:09,960 --> 00:53:13,120
Speaker 21: one can stop us sort of thing. So it's pretty scary.

1143
00:53:13,239 --> 00:53:15,560
Speaker 21: But boy, I'm impressed by the power of AI.

1144
00:53:15,840 --> 00:53:18,600
Speaker 2: Isn't it brilliant? Yeah? Gareth, thank you very much. You

1145
00:53:18,640 --> 00:53:21,319
Speaker 2: look after yourself. Thanks for the reading recommendation. It's Gareth Morgan,

1146
00:53:21,400 --> 00:53:24,640
Speaker 2: investment manager, former economists and obviously dadded the Trade Me

1147
00:53:24,719 --> 00:53:26,160
Speaker 2: founder twenty away from six.

1148
00:53:26,640 --> 00:53:31,880
Speaker 1: The Huddle with New Zealand Southeby's International Realty Unique Homes Uniquely.

1149
00:53:31,440 --> 00:53:33,960
Speaker 2: For you on the huddles Me This evening, Mark Sainsbury

1150
00:53:34,000 --> 00:53:36,840
Speaker 2: broadcast the Stuart Nash, Robert Walter's former Labor Party minister.

1151
00:53:36,880 --> 00:53:38,760
Speaker 2: Hell are you too goody?

1152
00:53:38,920 --> 00:53:43,880
Speaker 15: Well, I'm an AI version of myself, of course, a

1153
00:53:43,920 --> 00:53:45,480
Speaker 15: better version or a worse version.

1154
00:53:45,800 --> 00:53:47,360
Speaker 12: Well be.

1155
00:53:49,320 --> 00:53:52,160
Speaker 2: Some more sober. Actually, you're sober nowadays, aren't you saying?

1156
00:53:52,200 --> 00:53:52,359
Speaker 1: Zo?

1157
00:53:53,560 --> 00:53:55,640
Speaker 2: What's that you're completely sober nowadays?

1158
00:53:56,320 --> 00:53:58,480
Speaker 15: Or when I'm on the raided? No, no, no, I

1159
00:53:58,520 --> 00:54:00,840
Speaker 15: did cut back at some I dropped a bit. It

1160
00:54:00,880 --> 00:54:04,080
Speaker 15: was on blood pressure meds and stuff and running men's

1161
00:54:04,120 --> 00:54:07,359
Speaker 15: health WAK. It was a great look so. Yeah, so

1162
00:54:07,480 --> 00:54:10,160
Speaker 15: that was the big thing and doctor said the biggest

1163
00:54:10,160 --> 00:54:13,040
Speaker 15: thing and I'm off off the meds. But they said

1164
00:54:13,040 --> 00:54:15,080
Speaker 15: the biggest change is just cutting back on the grove.

1165
00:54:15,320 --> 00:54:17,959
Speaker 2: Yeah, I still like a drink, Oh who doesn't.

1166
00:54:18,560 --> 00:54:20,279
Speaker 15: But instead, you know, but it'd be a couple of

1167
00:54:20,320 --> 00:54:20,600
Speaker 15: days a.

1168
00:54:20,640 --> 00:54:23,080
Speaker 2: Week maybe, yeah, yep, yep. And this is why you've

1169
00:54:23,120 --> 00:54:25,120
Speaker 2: You've got the body of a twenty year old now

1170
00:54:25,239 --> 00:54:28,880
Speaker 2: saying so on the street looks great now, Stu, how

1171
00:54:28,880 --> 00:54:31,280
Speaker 2: do you feel about your boy Trevor coming back from Ireland?

1172
00:54:32,040 --> 00:54:34,160
Speaker 12: Well, look, I agree with Winston on this one. You

1173
00:54:34,239 --> 00:54:37,120
Speaker 12: got these politicians that are incredibly experienced and built a

1174
00:54:38,440 --> 00:54:40,840
Speaker 12: career around diploma see how to how to deal with

1175
00:54:40,880 --> 00:54:44,239
Speaker 12: different governments, ministers, politicians, et cetera, et cetera. And it

1176
00:54:44,320 --> 00:54:47,840
Speaker 12: must be slightly disempowering when when some politician, like especially

1177
00:54:47,840 --> 00:54:50,719
Speaker 12: like Trevor, ends up with a plumb position like this.

1178
00:54:50,880 --> 00:54:54,960
Speaker 12: I mean, Winston's right give the ambassadorial positions to the

1179
00:54:55,000 --> 00:54:57,239
Speaker 12: men and women who are experts at their training because

1180
00:54:57,239 --> 00:54:59,240
Speaker 12: it's so important for a country like New Zealand.

1181
00:54:59,320 --> 00:55:01,400
Speaker 2: Yeah totally, and say, I mean I can't think of

1182
00:55:01,400 --> 00:55:05,400
Speaker 2: an example a better example of these jobs being treated

1183
00:55:05,440 --> 00:55:08,040
Speaker 2: as a sinecure than than Treva Mallard because he had

1184
00:55:08,160 --> 00:55:10,880
Speaker 2: none of the skills required to be a diplomat and

1185
00:55:10,920 --> 00:55:13,200
Speaker 2: he'd embarrassed himself hugely before he went.

1186
00:55:13,040 --> 00:55:16,520
Speaker 15: Over, which is why the strangest thing about all of

1187
00:55:16,560 --> 00:55:20,239
Speaker 15: this is why Winston didn't replace them straight away. I

1188
00:55:20,280 --> 00:55:25,080
Speaker 15: think part of person is a just theory. Trevor's partner,

1189
00:55:25,120 --> 00:55:29,600
Speaker 15: Jane Clifton, an amazing woman Winston really likes. Jane has

1190
00:55:29,640 --> 00:55:34,080
Speaker 15: always had a really soft spot for proper way, of course,

1191
00:55:34,440 --> 00:55:37,040
Speaker 15: I think that's the only explanation I could think as

1192
00:55:37,080 --> 00:55:39,480
Speaker 15: to why, because I was expecting, basically the day after

1193
00:55:39,480 --> 00:55:41,120
Speaker 15: the election, that is going to be the fairst thing.

1194
00:55:41,160 --> 00:55:42,319
Speaker 15: You know, we'll get the.

1195
00:55:43,360 --> 00:55:45,880
Speaker 2: Right I think. I think for the sake of Jane Clifton,

1196
00:55:46,840 --> 00:55:49,080
Speaker 2: Winston has I think you might be onto something. I

1197
00:55:49,080 --> 00:55:51,000
Speaker 2: think he has left Trevor there so as not to

1198
00:55:51,040 --> 00:55:54,319
Speaker 2: disrupt her life, and he's been over the kind sight

1199
00:55:54,400 --> 00:55:55,000
Speaker 2: of him.

1200
00:55:55,320 --> 00:55:55,520
Speaker 8: Yeah.

1201
00:55:55,520 --> 00:55:57,279
Speaker 12: But the other thing, also, you know, there's rooms going

1202
00:55:57,320 --> 00:55:59,239
Speaker 12: around that Winter is going to stand down and become

1203
00:55:59,280 --> 00:56:01,959
Speaker 12: the ambassador in the United States of America. Nothing could

1204
00:56:01,960 --> 00:56:04,280
Speaker 12: be further from the truth, and that Winston themselves says,

1205
00:56:04,719 --> 00:56:06,480
Speaker 12: you know, why would I want to report to someone

1206
00:56:06,560 --> 00:56:09,360
Speaker 12: like me? So you know you can dispel those rumors.

1207
00:56:09,600 --> 00:56:11,520
Speaker 2: Now, no, hold on, ste Wasn't it the case that

1208
00:56:11,600 --> 00:56:13,120
Speaker 2: he was going to stand down so that you could

1209
00:56:13,120 --> 00:56:13,719
Speaker 2: take his job?

1210
00:56:14,760 --> 00:56:17,279
Speaker 12: Well, that's it? No, No, The next lead of Zelm

1211
00:56:17,320 --> 00:56:19,640
Speaker 12: first is Shane Jones. I'm I'm unequivalent about that. That

1212
00:56:19,800 --> 00:56:22,640
Speaker 12: is that guy. He filled a hall of four hundred

1213
00:56:22,640 --> 00:56:25,360
Speaker 12: people in Upper Heart. Now that that's core labor territory

1214
00:56:25,400 --> 00:56:27,520
Speaker 12: and they are going you know what we're after a

1215
00:56:27,520 --> 00:56:30,000
Speaker 12: man who speaks common sense, pragmatic policies and as a

1216
00:56:30,000 --> 00:56:32,880
Speaker 12: politician that represents all of Zilms and it's fucking Zell's first.

1217
00:56:33,440 --> 00:56:33,920
Speaker 8: Just fair?

1218
00:56:34,000 --> 00:56:35,440
Speaker 15: Does that mean you're putting your hand up for the

1219
00:56:35,480 --> 00:56:36,319
Speaker 15: mbase of his job?

1220
00:56:38,719 --> 00:56:42,400
Speaker 2: Well? And what is the job that you do at

1221
00:56:42,480 --> 00:56:45,560
Speaker 2: New Zealand first? And are you the deputy leader? Are you?

1222
00:56:45,600 --> 00:56:45,839
Speaker 7: No?

1223
00:56:45,840 --> 00:56:47,480
Speaker 12: No, No, I'm just a good hard work and key

1224
00:56:47,560 --> 00:56:50,040
Speaker 12: with it. Houston politics that the politics of pregnatism and

1225
00:56:50,080 --> 00:56:51,759
Speaker 12: then the part that resonates at the moment in your

1226
00:56:51,800 --> 00:56:54,239
Speaker 12: degree Mark is kind of New Zealand first. I mean,

1227
00:56:54,840 --> 00:56:56,840
Speaker 12: you know you've got James are going around talking about

1228
00:56:56,880 --> 00:56:59,960
Speaker 12: you know, jobs over snails most most New Zealand's got

1229
00:57:00,040 --> 00:57:03,680
Speaker 12: are you right? Makes sense to me? And then you've

1230
00:57:03,680 --> 00:57:06,640
Speaker 12: got you got some well that's.

1231
00:57:06,880 --> 00:57:09,040
Speaker 2: Oh you can't hear it, stupid your phone's cutting out.

1232
00:57:09,080 --> 00:57:11,399
Speaker 2: I think that's that's Winston calling you to say thank

1233
00:57:11,440 --> 00:57:13,319
Speaker 2: you for all the comments you make and we'll take

1234
00:57:13,320 --> 00:57:14,520
Speaker 2: a break and come back and we're going to shut

1235
00:57:14,520 --> 00:57:16,080
Speaker 2: them up at New Zealand. Fore we're on a ban

1236
00:57:16,160 --> 00:57:17,840
Speaker 2: after this. Seventeen away from six.

1237
00:57:18,680 --> 00:57:22,480
Speaker 1: The Huddle with New Zealand Southeby's International Realty, the Ones

1238
00:57:22,520 --> 00:57:24,920
Speaker 1: for Unmasked Results.

1239
00:57:24,240 --> 00:57:26,720
Speaker 2: Back with the Huddle, Mark Sainsbury and Stewart Nash Saneso.

1240
00:57:26,800 --> 00:57:28,680
Speaker 2: So are you starting to feel after what you saw

1241
00:57:28,720 --> 00:57:31,400
Speaker 2: in the White House overnight like maybe there's a chance

1242
00:57:31,400 --> 00:57:32,400
Speaker 2: for peace in Ukraine?

1243
00:57:32,640 --> 00:57:32,840
Speaker 8: Or no?

1244
00:57:33,360 --> 00:57:36,560
Speaker 15: Oh look, you know I'd sort of wean myself off

1245
00:57:37,560 --> 00:57:40,760
Speaker 15: off Trumps because every day there's another issue but this one,

1246
00:57:41,200 --> 00:57:43,960
Speaker 15: and I watched all those stuff from it, and you

1247
00:57:44,120 --> 00:57:47,400
Speaker 15: just hope that something is going to happen. Your problem

1248
00:57:47,480 --> 00:57:50,720
Speaker 15: is you still cut this major? I mean, how are

1249
00:57:50,760 --> 00:57:53,160
Speaker 15: they going to do a deal, as Donald says, for

1250
00:57:54,000 --> 00:57:57,840
Speaker 15: the Ukraine to give up Land. It's just not tenable.

1251
00:57:58,560 --> 00:57:59,800
Speaker 8: Look at it, So are you.

1252
00:58:00,240 --> 00:58:02,280
Speaker 2: So they have to give up land, they just have

1253
00:58:02,400 --> 00:58:03,800
Speaker 2: to Well, it.

1254
00:58:03,760 --> 00:58:05,480
Speaker 15: Depends how much they give up. They give up what

1255
00:58:05,480 --> 00:58:07,960
Speaker 15: they've taken, Russia wants more and the other thing this

1256
00:58:08,080 --> 00:58:11,080
Speaker 15: comes back to, and this, this is prease secal. The

1257
00:58:11,120 --> 00:58:14,240
Speaker 15: European leaders get involved. This is a disgrace. Since when

1258
00:58:14,240 --> 00:58:16,560
Speaker 15: did we countenance one country invading another?

1259
00:58:17,400 --> 00:58:20,520
Speaker 2: Well this happens, Yeah, yeah, so's I agree with you.

1260
00:58:20,560 --> 00:58:23,600
Speaker 2: But do we live in an idealistic world or do

1261
00:58:23,640 --> 00:58:26,440
Speaker 2: we live in reality where unfortunately he's taken it? And

1262
00:58:26,440 --> 00:58:28,440
Speaker 2: what else can you do to end the situation? What

1263
00:58:28,760 --> 00:58:29,360
Speaker 2: else can you do?

1264
00:58:30,320 --> 00:58:32,120
Speaker 15: Well, you put what they should do is they should

1265
00:58:32,160 --> 00:58:34,120
Speaker 15: put the sanctions back on Russia. That's the only thing

1266
00:58:34,120 --> 00:58:35,560
Speaker 15: that prudent responds to you, you.

1267
00:58:35,480 --> 00:58:37,360
Speaker 2: Know, yeah, what do you say?

1268
00:58:37,480 --> 00:58:40,200
Speaker 15: Look at least the language. What was interesting in that

1269
00:58:40,200 --> 00:58:42,520
Speaker 15: fact that meeting in Alaska, when you'd think he'd be

1270
00:58:42,600 --> 00:58:46,080
Speaker 15: so desperate to announce a deal when he when he said, look,

1271
00:58:46,080 --> 00:58:49,560
Speaker 15: I'm going to confer with the Ukrainian president, I'm going

1272
00:58:49,600 --> 00:58:52,760
Speaker 15: to further European leaders. And I think even the commentators

1273
00:58:52,760 --> 00:58:55,760
Speaker 15: in the States were stunned. They're expecting Trump to do

1274
00:58:55,880 --> 00:58:59,120
Speaker 15: something to be some stunt and thought, oh, this sounds

1275
00:58:59,160 --> 00:59:02,880
Speaker 15: like a reasonable, can sided person. So that's just fingers crossed.

1276
00:59:03,880 --> 00:59:05,320
Speaker 15: I'm feeling a little bit more confident.

1277
00:59:05,520 --> 00:59:08,960
Speaker 12: Look, it's it's a very very dangerous precedent when you've

1278
00:59:08,960 --> 00:59:12,320
Speaker 12: got the President of the United States of America saying

1279
00:59:12,360 --> 00:59:17,160
Speaker 12: to bad did you let him keep some land? Don't

1280
00:59:17,240 --> 00:59:20,240
Speaker 12: join NATO and everything will be okay? I mean, goodness me,

1281
00:59:20,280 --> 00:59:22,120
Speaker 12: the last time we had a piacement like this, what

1282
00:59:22,200 --> 00:59:24,680
Speaker 12: was it, Nevill Chamberlain, peace in our time? It doesn't

1283
00:59:24,680 --> 00:59:26,520
Speaker 12: work out. Well, I'm with you here the win. Did

1284
00:59:26,520 --> 00:59:30,520
Speaker 12: we countenance one country being okay for one country to

1285
00:59:30,560 --> 00:59:31,280
Speaker 12: invade another?

1286
00:59:31,840 --> 00:59:36,640
Speaker 2: No good, you're saying. So I'm saying we have to

1287
00:59:36,680 --> 00:59:38,960
Speaker 2: do this, do you because there is no other way. Look,

1288
00:59:39,000 --> 00:59:41,439
Speaker 2: it seems to me you've got two options here, right.

1289
00:59:41,840 --> 00:59:44,840
Speaker 2: You either give Ukraine everything it needs to fight this

1290
00:59:44,920 --> 00:59:47,240
Speaker 2: wall properly, give them the boots on the ground, give

1291
00:59:47,280 --> 00:59:49,160
Speaker 2: them all the weapons, give them the fighter jets, get

1292
00:59:49,160 --> 00:59:51,960
Speaker 2: them everything, just like load them up to the gunwales

1293
00:59:52,240 --> 00:59:54,720
Speaker 2: and let them fight hard. Or you settle and you

1294
00:59:54,760 --> 00:59:55,360
Speaker 2: give the guy the.

1295
00:59:55,320 --> 00:59:58,000
Speaker 12: Landing you put So you've got two crazy guys You've

1296
00:59:58,000 --> 00:59:59,680
Speaker 12: got putin who you know, it's not out of the

1297
00:59:59,680 --> 01:00:02,560
Speaker 12: realms possibility he'll use some form of technical nuclear weapon

1298
01:00:03,000 --> 01:00:05,240
Speaker 12: if it gets really, really douty like that.

1299
01:00:05,440 --> 01:00:06,480
Speaker 2: Yeah, you are right.

1300
01:00:06,520 --> 01:00:08,200
Speaker 12: I mean, and you know, do we go for compromise,

1301
01:00:08,280 --> 01:00:11,680
Speaker 12: but compromise so whatever you do, it's it's a very

1302
01:00:11,720 --> 01:00:15,200
Speaker 12: bad person. You compromise Putin's one because he's got crimea

1303
01:00:16,520 --> 01:00:20,480
Speaker 12: Zelenski will never join NATO and he's won. Or you

1304
01:00:20,480 --> 01:00:24,000
Speaker 12: give them everything needed to go hard. I just think

1305
01:00:24,040 --> 01:00:29,200
Speaker 12: that the sight of Donald Trump praising Vladimir Putin was.

1306
01:00:31,320 --> 01:00:33,640
Speaker 2: I just didn't think it was basically means.

1307
01:00:35,720 --> 01:00:39,880
Speaker 15: Why Russia's got a smaller economy than Spain. You know,

1308
01:00:39,920 --> 01:00:42,720
Speaker 15: it's not like the sort of massive sort of juggeraal.

1309
01:00:42,840 --> 01:00:45,880
Speaker 15: I mean, what they means to get away with is

1310
01:00:45,960 --> 01:00:49,120
Speaker 15: just just someone needs to call into account silvery role

1311
01:00:49,160 --> 01:00:50,960
Speaker 15: for us sitting here on the safety of New Zealand

1312
01:00:51,000 --> 01:00:53,880
Speaker 15: of course to say this, but yeah, I just think

1313
01:00:54,040 --> 01:00:57,320
Speaker 15: and I've always been frustrated hither the fact that you know,

1314
01:00:57,720 --> 01:01:00,520
Speaker 15: if the Meeric was vacillating, then the European is needed

1315
01:01:00,520 --> 01:01:01,440
Speaker 15: to have stepped up.

1316
01:01:01,240 --> 01:01:03,960
Speaker 2: Ye you know, yep, now the Europeans trust frustrate me.

1317
01:01:04,000 --> 01:01:06,720
Speaker 2: No end okay, saying so, actually I'll start with you

1318
01:01:06,760 --> 01:01:07,760
Speaker 2: on this. I'm going to give you a bit of

1319
01:01:07,800 --> 01:01:09,760
Speaker 2: an easy go here, stude. Do you know what a

1320
01:01:09,800 --> 01:01:10,680
Speaker 2: trad wife is?

1321
01:01:11,720 --> 01:01:12,880
Speaker 15: Well, that's here.

1322
01:01:13,680 --> 01:01:15,480
Speaker 12: No, No, I don't think there's such a thing. I

1323
01:01:15,480 --> 01:01:17,360
Speaker 12: mean I didn't until I looked it up. There's no

1324
01:01:17,400 --> 01:01:19,800
Speaker 12: such thing. It's talks about a traditional wife who cooks,

1325
01:01:19,800 --> 01:01:22,000
Speaker 12: cleans and does everything else that a traditional wife once

1326
01:01:22,040 --> 01:01:24,680
Speaker 12: said two generations ago. Well do they exist?

1327
01:01:26,080 --> 01:01:27,520
Speaker 2: Do you want me to come over there and punch

1328
01:01:27,560 --> 01:01:28,080
Speaker 2: you right now?

1329
01:01:28,880 --> 01:01:32,840
Speaker 12: You know it's a genuine question we're talking about.

1330
01:01:32,920 --> 01:01:34,680
Speaker 2: We do that, but then we do our day jobs

1331
01:01:34,720 --> 01:01:35,160
Speaker 2: as well.

1332
01:01:35,560 --> 01:01:37,440
Speaker 12: No, look, I celebrate my wife. She goes out there,

1333
01:01:37,440 --> 01:01:39,120
Speaker 12: she works full times, she looks after the kids. She

1334
01:01:39,120 --> 01:01:41,800
Speaker 12: does a bloody brilliant job, and I think she'd be

1335
01:01:41,840 --> 01:01:44,120
Speaker 12: brought out of her mind off. All she did was cook,

1336
01:01:44,160 --> 01:01:46,600
Speaker 12: clean and put and post on social media, which apparently

1337
01:01:46,680 --> 01:01:47,920
Speaker 12: is what trad wives do.

1338
01:01:48,200 --> 01:01:49,800
Speaker 2: No, Yeah, they do exist. I saw a couple of

1339
01:01:49,840 --> 01:01:52,760
Speaker 2: them on Ponsonby Road today. Okay, so.

1340
01:01:54,680 --> 01:01:59,280
Speaker 15: You are tread wafers, but it's a subservient thing. You

1341
01:01:59,320 --> 01:02:01,720
Speaker 15: watch some of these YouTube did they do? And it's

1342
01:02:01,720 --> 01:02:04,560
Speaker 15: sort of you know, Oh my god, you know, I

1343
01:02:04,560 --> 01:02:06,480
Speaker 15: think is this how Barry lives? He just live in

1344
01:02:06,520 --> 01:02:10,280
Speaker 15: the dream? You know, No, totally the trade wife thing.

1345
01:02:10,280 --> 01:02:13,400
Speaker 15: It's it's very very us It seems very very religious

1346
01:02:13,440 --> 01:02:13,880
Speaker 15: as well.

1347
01:02:14,240 --> 01:02:15,720
Speaker 2: I don't think it is. No, what it is is

1348
01:02:15,760 --> 01:02:19,040
Speaker 2: just absolute unbelievable laziness. You just you just marry yourself

1349
01:02:19,080 --> 01:02:20,840
Speaker 2: a really rich guy and then stay at home pretending

1350
01:02:20,880 --> 01:02:23,040
Speaker 2: you're baking the sourdough, but actually you just buy it.

1351
01:02:23,080 --> 01:02:26,320
Speaker 2: And do you know, says or what scibbity is now?

1352
01:02:26,400 --> 01:02:30,000
Speaker 15: I did not until I looked at up go on there,

1353
01:02:31,760 --> 01:02:35,680
Speaker 15: what's that? It's become a sort of a term of well,

1354
01:02:35,720 --> 01:02:38,120
Speaker 15: it can be a variety of things, but it's almost

1355
01:02:38,160 --> 01:02:39,480
Speaker 15: like a joke. It's something silly.

1356
01:02:39,720 --> 01:02:41,960
Speaker 2: Yes, okay, that's not a really good definition. Thank you

1357
01:02:42,040 --> 01:02:44,240
Speaker 2: very much, guys. I appreciate your attempts at it anyway.

1358
01:02:44,560 --> 01:02:48,480
Speaker 2: Mark Sainsbury broadcast the Stuart Nash Robert Walters also a

1359
01:02:48,600 --> 01:02:51,320
Speaker 2: former Labor Party minister. A trad wipe these by the way,

1360
01:02:51,320 --> 01:02:53,440
Speaker 2: if you're like, well they're talking about these are the

1361
01:02:53,440 --> 01:02:56,400
Speaker 2: words that have been added to the Cambridge Dictionary this year.

1362
01:02:56,720 --> 01:02:59,640
Speaker 2: A tradwife is obviously somebody who's playing a traditional wife's role.

1363
01:02:59,680 --> 01:03:01,840
Speaker 2: You know, you do all the home stuff and just

1364
01:03:01,880 --> 01:03:04,720
Speaker 2: lounge about a house lounged about because once you've done

1365
01:03:04,720 --> 01:03:08,480
Speaker 2: all the chores, there's nothing else to do. Obviously. Skibbitity

1366
01:03:09,000 --> 01:03:11,200
Speaker 2: is defined as a word that can have different meanings

1367
01:03:11,200 --> 01:03:13,919
Speaker 2: such as cool or bad, like oh, look, those genes

1368
01:03:13,960 --> 01:03:17,120
Speaker 2: are real skibbity, or you can just use it in

1369
01:03:17,160 --> 01:03:19,439
Speaker 2: a random way like what the skibbity are you doing?

1370
01:03:19,680 --> 01:03:19,880
Speaker 8: Yeah?

1371
01:03:19,880 --> 01:03:21,920
Speaker 2: I know it's kid's trying to be cool. De Lulu

1372
01:03:22,080 --> 01:03:23,920
Speaker 2: that's my favorite of the words that have been added,

1373
01:03:23,920 --> 01:03:26,240
Speaker 2: which is basically a play on the world word delusional.

1374
01:03:26,360 --> 01:03:28,600
Speaker 2: So if you think that tradwives are doing nothing during

1375
01:03:28,600 --> 01:03:30,720
Speaker 2: the day, you'll de lulu. Eight away from six.

1376
01:03:31,840 --> 01:03:35,280
Speaker 1: It's the Heather Duplessy Allen Drive Full Show podcast on

1377
01:03:35,520 --> 01:03:38,000
Speaker 1: my Art Radio powered by News Talk ZBI.

1378
01:03:40,160 --> 01:03:42,320
Speaker 2: Here the re Ukraine. I really really wish that you

1379
01:03:42,320 --> 01:03:45,280
Speaker 2: would educate yourself. Fancy saying Ukraine must give up territory.

1380
01:03:45,280 --> 01:03:47,200
Speaker 2: They will beat Russia, i e. Win both on the

1381
01:03:47,240 --> 01:03:49,880
Speaker 2: battlefield and stuff their economy. You crane, cannot give up

1382
01:03:49,960 --> 01:03:52,480
Speaker 2: territory for a number of reasons. Please school yourself on this. Okay,

1383
01:03:52,480 --> 01:03:55,720
Speaker 2: thank you, Trevor. Unfortunately Ukraine doesn't actually get a say.

1384
01:03:56,160 --> 01:03:58,840
Speaker 2: That's the unfortunate thing for Ukraine because they rely on

1385
01:03:58,880 --> 01:04:01,000
Speaker 2: everybody else to give them the weapons and help them out.

1386
01:04:01,040 --> 01:04:02,880
Speaker 2: And as long as those people are getting bored of it,

1387
01:04:03,280 --> 01:04:06,720
Speaker 2: which they are, Ukraine unfortunately will probably have to settle

1388
01:04:06,840 --> 01:04:08,720
Speaker 2: by giving up a piece of their land, don't you think?

1389
01:04:08,960 --> 01:04:12,000
Speaker 2: Five away from six now? I was telling you yesterday

1390
01:04:12,040 --> 01:04:14,480
Speaker 2: that Grant Robertson, that Grant Robinson and Justin to both

1391
01:04:14,520 --> 01:04:18,440
Speaker 2: clearly really dislike David Cunliff, given that they I'd been

1392
01:04:18,440 --> 01:04:21,840
Speaker 2: told they've both trashed him in their memoirs. Well, the

1393
01:04:21,880 --> 01:04:26,479
Speaker 2: newsroom has just published an excerpt of Grant Robinson's memoir

1394
01:04:26,600 --> 01:04:28,760
Speaker 2: but where he trashes David canliv it's still actually as

1395
01:04:28,760 --> 01:04:30,000
Speaker 2: bad as I thought it was going to be. I'll

1396
01:04:30,000 --> 01:04:32,160
Speaker 2: read it to you, says David Cunliff. This was in

1397
01:04:32,200 --> 01:04:35,160
Speaker 2: the twenty fourteen election campaign. Remember when David Cunliff was

1398
01:04:35,160 --> 01:04:37,920
Speaker 2: the leader of the Labor Party. David Cunliff had a

1399
01:04:37,920 --> 01:04:40,240
Speaker 2: habit of putting his foot in his mouth. Most famously

1400
01:04:40,280 --> 01:04:42,240
Speaker 2: in this campaign it was his comment that he was

1401
01:04:42,800 --> 01:04:45,600
Speaker 2: sorry for being a man. He also found numerous ways

1402
01:04:45,600 --> 01:04:48,680
Speaker 2: to lose focus on his message. His behavior was erratic

1403
01:04:48,720 --> 01:04:51,800
Speaker 2: as well. I was undertaking visits with him in christ Church.

1404
01:04:51,800 --> 01:04:53,280
Speaker 2: He and I were doing a lunch event with the

1405
01:04:53,280 --> 01:04:56,640
Speaker 2: local business community. It was classic David. He spoke well

1406
01:04:56,680 --> 01:04:58,920
Speaker 2: and cogently to a less than friendly audience. When we

1407
01:04:58,960 --> 01:05:01,880
Speaker 2: got to question to a question time, he seemed distracted.

1408
01:05:02,120 --> 01:05:04,040
Speaker 2: At one point a question was put to me as

1409
01:05:04,080 --> 01:05:08,320
Speaker 2: the economic development spokesperson. David excused himself saying he needed

1410
01:05:08,320 --> 01:05:10,479
Speaker 2: to take a phone call and he never came back,

1411
01:05:10,680 --> 01:05:13,360
Speaker 2: which is pretty weird. I answered a couple more questions

1412
01:05:13,440 --> 01:05:15,480
Speaker 2: before the host calls called the whole thing off. I

1413
01:05:15,520 --> 01:05:18,000
Speaker 2: went outside to find David in his car. His press

1414
01:05:18,000 --> 01:05:20,200
Speaker 2: secretary was standing outside and gave me a pained look.

1415
01:05:20,480 --> 01:05:23,520
Speaker 2: I'd had enough and left him to it. On election night,

1416
01:05:23,880 --> 01:05:26,439
Speaker 2: Labour slumped to its worst results since nineteen twenty two,

1417
01:05:26,440 --> 01:05:28,760
Speaker 2: with twenty four percent of the vote. You could not

1418
01:05:28,840 --> 01:05:31,320
Speaker 2: have known it from David's speech that night. It was

1419
01:05:31,560 --> 01:05:33,200
Speaker 2: as if he had grabbed the wrong speech on the

1420
01:05:33,200 --> 01:05:35,880
Speaker 2: way out the door and was doing his victory one,

1421
01:05:36,080 --> 01:05:39,600
Speaker 2: not his concession. It was embarrassing. It's not that bad,

1422
01:05:40,160 --> 01:05:42,240
Speaker 2: I mean, and this is the guys, come on, if

1423
01:05:42,240 --> 01:05:45,200
Speaker 2: you're going to trash somebody in your memoir, trash them properly.

1424
01:05:45,360 --> 01:05:47,840
Speaker 2: Apparently the lawyers had to go over that. That's what

1425
01:05:47,880 --> 01:05:50,600
Speaker 2: were the lawyers looking like. He's mean to David. Oh, well,

1426
01:05:50,600 --> 01:05:53,440
Speaker 2: that's not really that. That's not sexy. I don't want

1427
01:05:53,480 --> 01:05:56,080
Speaker 2: to buy the memoir for a stink story like that. Anyway.

1428
01:05:57,320 --> 01:05:59,440
Speaker 2: It's ocr day tomorrow. This is something that we're all

1429
01:05:59,440 --> 01:06:03,200
Speaker 2: obviously interested in. So Paul Bloxham, HSBC's chief economist, will

1430
01:06:03,200 --> 01:06:05,040
Speaker 2: be with us after half passis and run us through

1431
01:06:05,040 --> 01:06:06,960
Speaker 2: what he's We obviously know there's going to be a basis,

1432
01:06:07,000 --> 01:06:10,600
Speaker 2: a twenty five basis point cart it's really what else

1433
01:06:10,880 --> 01:06:13,240
Speaker 2: we are expecting from that and where we bot him out.

1434
01:06:13,520 --> 01:06:15,200
Speaker 2: He's going to be with us after half past six.

1435
01:06:15,520 --> 01:06:18,640
Speaker 2: Stu Hamilton of Mercury Energy is with us straight after

1436
01:06:18,680 --> 01:06:20,439
Speaker 2: the news to talk to us about what he makes

1437
01:06:20,440 --> 01:06:22,480
Speaker 2: of this business, the new rules for the gen Taylor's

1438
01:06:22,680 --> 01:06:23,440
Speaker 2: News Talks.

1439
01:06:23,320 --> 01:06:26,400
Speaker 11: By a Gallim Fine King.

1440
01:06:27,000 --> 01:06:38,040
Speaker 4: We do you know, person, we do person?

1441
01:06:41,800 --> 01:06:42,200
Speaker 12: We do.

1442
01:06:45,040 --> 01:06:46,800
Speaker 21: Person May.

1443
01:06:47,720 --> 01:06:52,880
Speaker 1: We're Business Meets Insight to Business Hour with Heather Duplicy,

1444
01:06:52,960 --> 01:06:57,160
Speaker 1: Allen and Mays for Trusted Home Insurance solutions, news.

1445
01:06:56,960 --> 01:06:57,800
Speaker 3: Talks b.

1446
01:07:00,040 --> 01:07:02,000
Speaker 2: Even in coming up in the next hour Jamie McKay

1447
01:07:02,160 --> 01:07:04,840
Speaker 2: on whether the government will actually bring back live exports,

1448
01:07:04,840 --> 01:07:07,000
Speaker 2: pulled Blocksham on the OCI and then what comes after

1449
01:07:07,080 --> 01:07:08,800
Speaker 2: tomorrow and of course and the Brady will do the

1450
01:07:08,880 --> 01:07:11,000
Speaker 2: UK for us. Right now, it's seven past six now.

1451
01:07:11,360 --> 01:07:13,240
Speaker 2: Been a bit of a tough year for Mercury Energy.

1452
01:07:13,600 --> 01:07:16,000
Speaker 2: The company has released its full year result today and

1453
01:07:16,040 --> 01:07:19,080
Speaker 2: its operating profit with seven hundred and eighty six million dollars,

1454
01:07:19,080 --> 01:07:21,480
Speaker 2: which is down ninety one million from the previous year,

1455
01:07:21,520 --> 01:07:24,360
Speaker 2: but that pretty upbeat for the near future, predicting a

1456
01:07:24,360 --> 01:07:28,000
Speaker 2: billion dollar operating profit for the current financial year. Ste

1457
01:07:28,120 --> 01:07:32,320
Speaker 2: Hamilton is the chief executive and with us now, hey Stu, hey, Heather,

1458
01:07:32,360 --> 01:07:35,240
Speaker 2: how are you well? Thanks very much? Why the drop

1459
01:07:35,240 --> 01:07:37,720
Speaker 2: in profitability. It's been a.

1460
01:07:37,640 --> 01:07:41,040
Speaker 28: Really tough last twelve months, really, particularly because it's been

1461
01:07:41,080 --> 01:07:42,440
Speaker 28: the driest on record for us.

1462
01:07:42,480 --> 01:07:43,880
Speaker 8: So when you look at a lot.

1463
01:07:43,720 --> 01:07:47,120
Speaker 28: Of our electricity generation comes out of hydro off the

1464
01:07:47,160 --> 01:07:50,600
Speaker 28: Waykatta River. When we have a very dry period, it

1465
01:07:50,640 --> 01:07:53,120
Speaker 28: means that it's really tough for us to produce electricity

1466
01:07:53,560 --> 01:07:56,080
Speaker 28: and that obviously has an impact all the way through

1467
01:07:56,120 --> 01:07:59,720
Speaker 28: to customers. Both large businesses and New Zealand households, and

1468
01:08:00,080 --> 01:08:02,120
Speaker 28: so we're working pretty hard to try and improve and

1469
01:08:02,120 --> 01:08:03,000
Speaker 28: build that confidence.

1470
01:08:03,200 --> 01:08:05,920
Speaker 2: And so why so confident that it's going to improve

1471
01:08:05,960 --> 01:08:06,760
Speaker 2: in this financial year.

1472
01:08:07,520 --> 01:08:10,480
Speaker 28: So we're investing heavily and new power plants, So we're

1473
01:08:10,600 --> 01:08:13,480
Speaker 28: investing about one billion dollars in new power plants at

1474
01:08:13,480 --> 01:08:15,680
Speaker 28: the moment. That's from the top of the North to

1475
01:08:15,680 --> 01:08:17,519
Speaker 28: the bottom of the South, and wind farms and also

1476
01:08:17,880 --> 01:08:21,240
Speaker 28: GFRM or so we see the significant pace of build

1477
01:08:21,280 --> 01:08:23,080
Speaker 28: coming on stream and that's going to be good for

1478
01:08:23,720 --> 01:08:26,280
Speaker 28: New Zealand in terms of providing an affordable and secure

1479
01:08:26,280 --> 01:08:27,200
Speaker 28: gred as we go forward.

1480
01:08:27,240 --> 01:08:30,519
Speaker 2: How much new generation are you building at the moment?

1481
01:08:30,560 --> 01:08:32,920
Speaker 28: It's about one tier whatar hour, which to convert that,

1482
01:08:33,000 --> 01:08:36,439
Speaker 28: it's about one hundred and fifty thousand homes equivalent and

1483
01:08:36,479 --> 01:08:38,120
Speaker 28: it's about two percent of New Zealand's grid.

1484
01:08:38,560 --> 01:08:40,559
Speaker 2: Okay, now, how do you feel about these new rules

1485
01:08:40,600 --> 01:08:42,360
Speaker 2: we got from the Electricity Authority today?

1486
01:08:43,720 --> 01:08:46,760
Speaker 28: Yeah, there are some components of it which are we

1487
01:08:46,840 --> 01:08:51,080
Speaker 28: supportive of. We certainly support having more transparency in the prices,

1488
01:08:51,360 --> 01:08:53,760
Speaker 28: but it's also important to understand that the market that

1489
01:08:53,800 --> 01:08:57,080
Speaker 28: we have is actually globally very competitive. We're consistently in

1490
01:08:57,080 --> 01:08:59,280
Speaker 28: the top five to seven in the world, and we

1491
01:08:59,320 --> 01:09:02,640
Speaker 28: have about ifty retail brands and so that's double what

1492
01:09:02,680 --> 01:09:04,640
Speaker 28: you see in the UK. So our take on it

1493
01:09:04,720 --> 01:09:07,800
Speaker 28: is that there is good retail competition, can it be better?

1494
01:09:08,160 --> 01:09:08,599
Speaker 8: Use it can?

1495
01:09:08,640 --> 01:09:11,080
Speaker 28: And we're keen to support the work that the EA

1496
01:09:11,080 --> 01:09:12,040
Speaker 28: ANDCOMM are doing.

1497
01:09:12,640 --> 01:09:14,519
Speaker 2: Do you think that it's actually going to drive down

1498
01:09:14,520 --> 01:09:17,479
Speaker 2: the price of electricity or drive it up? Because I mean,

1499
01:09:17,479 --> 01:09:19,679
Speaker 2: it seems to me if gentailers are having to sell

1500
01:09:19,880 --> 01:09:22,800
Speaker 2: their power at a higher rate to themselves, then it

1501
01:09:22,800 --> 01:09:25,000
Speaker 2: should actually push the electricity price up, shouldn't it.

1502
01:09:25,880 --> 01:09:28,599
Speaker 28: Yeah, our take on it is that the integrated nature

1503
01:09:28,680 --> 01:09:31,600
Speaker 28: of our businesses actually create quite a lot of synergies

1504
01:09:31,600 --> 01:09:34,360
Speaker 28: that support things like the build rate, and so we

1505
01:09:34,400 --> 01:09:36,320
Speaker 28: need to come back to work out what's the problem

1506
01:09:36,320 --> 01:09:38,519
Speaker 28: we're actually trying to solve when you' yander, and the

1507
01:09:38,560 --> 01:09:40,880
Speaker 28: problem is we just don't have enough energy at the moment,

1508
01:09:41,160 --> 01:09:43,439
Speaker 28: so we need to build more power plants and the

1509
01:09:43,439 --> 01:09:46,679
Speaker 28: best way to do that is to use the generators

1510
01:09:46,720 --> 01:09:49,000
Speaker 28: that we have to actually make sure we're building it

1511
01:09:49,160 --> 01:09:51,479
Speaker 28: pace so we can actually ultimately bring those prices down.

1512
01:09:51,640 --> 01:09:53,800
Speaker 2: Is it possible that the government is dithering on this

1513
01:09:54,000 --> 01:09:56,400
Speaker 2: in order to give you guys the opportunity to get

1514
01:09:56,439 --> 01:10:00,200
Speaker 2: that building going so that they don't actually have to intervene.

1515
01:10:01,000 --> 01:10:01,280
Speaker 8: I guess.

1516
01:10:01,439 --> 01:10:03,800
Speaker 28: I mean, there's different perspectives on this, right, but what

1517
01:10:03,840 --> 01:10:05,720
Speaker 28: we can control is the rate that we're building at,

1518
01:10:05,800 --> 01:10:07,600
Speaker 28: so we're building at pace, and the other thing that

1519
01:10:07,600 --> 01:10:10,840
Speaker 28: we're doing is working across the sector to look at

1520
01:10:11,479 --> 01:10:13,040
Speaker 28: One thing is to make sure we've got the power.

1521
01:10:13,040 --> 01:10:14,639
Speaker 28: The other is to have it when you need it.

1522
01:10:15,040 --> 01:10:17,000
Speaker 28: And that's the work which we've actually been doing with

1523
01:10:17,040 --> 01:10:19,520
Speaker 28: the likes of Huntly over the last few months.

1524
01:10:19,240 --> 01:10:21,920
Speaker 23: To actually work out how we provide this.

1525
01:10:21,800 --> 01:10:24,400
Speaker 28: Form of firming so that when the rain's not falling

1526
01:10:24,600 --> 01:10:26,479
Speaker 28: and the wind's not blowing, that we actually have some

1527
01:10:26,640 --> 01:10:29,600
Speaker 28: form of power there to provide it through to households

1528
01:10:30,040 --> 01:10:30,759
Speaker 28: into businesses.

1529
01:10:31,200 --> 01:10:33,760
Speaker 2: What's your advice to residential gas customers. I mean, if

1530
01:10:33,760 --> 01:10:35,320
Speaker 2: somebody is on gas at the minute, because you're an

1531
01:10:35,320 --> 01:10:37,799
Speaker 2: expert on it, basically you're involved in it. If somebody's

1532
01:10:37,840 --> 01:10:39,920
Speaker 2: on gas, if they're running their heater through gas, should

1533
01:10:39,920 --> 01:10:42,240
Speaker 2: they be thinking about with the government talking about potentially

1534
01:10:42,320 --> 01:10:45,360
Speaker 2: rational and gas, should we be thinking about switching to electricity.

1535
01:10:46,320 --> 01:10:49,439
Speaker 28: Yes, definitely, but the issue is where people can afford

1536
01:10:49,479 --> 01:10:51,960
Speaker 28: to do that. So there's definitely a strong drive at

1537
01:10:52,000 --> 01:10:54,200
Speaker 28: the moment. Prices of gas are likely to keep going

1538
01:10:54,280 --> 01:10:56,960
Speaker 28: up as the supply comes down, and so fundamentally the

1539
01:10:57,080 --> 01:10:58,840
Speaker 28: right thing to be doing is to be switching to

1540
01:10:58,880 --> 01:11:03,120
Speaker 28: electricity or away from fossil fuels in general. That the

1541
01:11:03,200 --> 01:11:06,040
Speaker 28: challenge for many is how we actually go about supporting

1542
01:11:06,080 --> 01:11:10,080
Speaker 28: that transition to electrification. That's easiest when new houses are

1543
01:11:10,080 --> 01:11:12,439
Speaker 28: being built, but certainly something we're looking at to support

1544
01:11:12,439 --> 01:11:15,000
Speaker 28: those that need to transition for houses that are currently there.

1545
01:11:15,040 --> 01:11:17,519
Speaker 2: Interesting stuff. Hey, thanks to you, Stu Hamilton, Mercury Energy

1546
01:11:17,560 --> 01:11:19,880
Speaker 2: chief Executive. It's coming up to our pas SAX.

1547
01:11:20,000 --> 01:11:22,240
Speaker 3: Heather Duples al So they're just kind of awkward.

1548
01:11:22,280 --> 01:11:24,560
Speaker 2: Over the weekend, the BBC reported that one of the

1549
01:11:24,600 --> 01:11:27,400
Speaker 2: women who was medivacd from Gaza to Italy died because

1550
01:11:27,439 --> 01:11:30,920
Speaker 2: of malnutrition. They've now had to admit she actually had

1551
01:11:30,920 --> 01:11:34,479
Speaker 2: cancer now as she had leukemia to be specific. Now,

1552
01:11:34,680 --> 01:11:37,240
Speaker 2: to be fair to the BBC, they say that they

1553
01:11:37,280 --> 01:11:40,960
Speaker 2: didn't know that she had cancer until the Israeli authorities

1554
01:11:41,000 --> 01:11:43,479
Speaker 2: informed them that she had had cancer. Once the story

1555
01:11:43,520 --> 01:11:45,160
Speaker 2: had been published and we pushed out on the social

1556
01:11:45,200 --> 01:11:47,240
Speaker 2: media and stuff like that. But this is a problem

1557
01:11:47,720 --> 01:11:51,880
Speaker 2: for the media. I think that there's a reasonable expectation

1558
01:11:52,000 --> 01:11:56,280
Speaker 2: from people that the media does research. If it's going

1559
01:11:56,360 --> 01:11:59,200
Speaker 2: to print that somebody has died of malnutrition, just do

1560
01:11:59,320 --> 01:12:02,200
Speaker 2: a basic series of questions to ask whether they had

1561
01:12:02,240 --> 01:12:03,840
Speaker 2: anything else that was going on there that might have

1562
01:12:03,880 --> 01:12:05,639
Speaker 2: been the thing that killed them, or might have been

1563
01:12:05,640 --> 01:12:09,120
Speaker 2: the thing that whatever whatever. I'm not saying that the

1564
01:12:09,160 --> 01:12:11,559
Speaker 2: cancer killed her. I am simply saying that you have

1565
01:12:11,600 --> 01:12:14,400
Speaker 2: to paint a full picture, because otherwise what happens is

1566
01:12:14,439 --> 01:12:16,519
Speaker 2: this kind of stuff then emerges and they're knocks confidence

1567
01:12:16,560 --> 01:12:17,760
Speaker 2: in the media. And I think this is part of

1568
01:12:17,760 --> 01:12:20,280
Speaker 2: the really you will not believe this. Every single time

1569
01:12:20,360 --> 01:12:23,000
Speaker 2: we talk about Gaza on the show, we get like

1570
01:12:23,040 --> 01:12:25,640
Speaker 2: a series of texts from people who simply do not

1571
01:12:25,720 --> 01:12:27,800
Speaker 2: believe the story is coming out of Gaza. Do not

1572
01:12:27,840 --> 01:12:32,480
Speaker 2: believe it. It's Hamas propaganda, it's Israel propaganda, blah blah blah.

1573
01:12:32,680 --> 01:12:35,360
Speaker 2: Stuff like this just absolutely assures them that they are

1574
01:12:35,360 --> 01:12:37,240
Speaker 2: on the money and makes people not believe the media.

1575
01:12:37,320 --> 01:12:39,639
Speaker 2: So it's a pity that the BBC has been caught

1576
01:12:39,640 --> 01:12:42,240
Speaker 2: out after The New York Times was caught out thirteen

1577
01:12:42,280 --> 01:12:42,760
Speaker 2: plus six.

1578
01:12:43,800 --> 01:12:47,320
Speaker 1: It's the header dupers Allen Drive Full Show podcast on

1579
01:12:47,439 --> 01:12:50,120
Speaker 1: my Heart Radio powered by news dog Zebbi.

1580
01:12:51,360 --> 01:12:53,760
Speaker 2: A little update on the Marakoppa situation, you know, with

1581
01:12:53,800 --> 01:12:56,599
Speaker 2: the dad and the kids that have disappeared the police.

1582
01:12:56,640 --> 01:12:59,160
Speaker 2: There's been an appeal from his family today and the

1583
01:12:59,200 --> 01:13:01,519
Speaker 2: police have now said that they're open to negotiating with

1584
01:13:01,960 --> 01:13:03,960
Speaker 2: him to try to get the kids out of hiding.

1585
01:13:04,000 --> 01:13:07,000
Speaker 2: And this will be because he's facing charges right, various charges,

1586
01:13:07,040 --> 01:13:10,439
Speaker 2: and so the assumption there, I guess you would assume

1587
01:13:10,439 --> 01:13:12,240
Speaker 2: that what they wanted to do, what they're prepared to do,

1588
01:13:12,280 --> 01:13:14,599
Speaker 2: is perhaps go easier on and or not go hard

1589
01:13:14,600 --> 01:13:16,360
Speaker 2: on him at all in order to get the kids

1590
01:13:16,360 --> 01:13:18,400
Speaker 2: out to make a deal there his sister, and this

1591
01:13:18,520 --> 01:13:21,160
Speaker 2: is interesting. His sister has said she would like to

1592
01:13:21,240 --> 01:13:24,840
Speaker 2: explain why it is that Tom Phillips has disappeared, but

1593
01:13:25,080 --> 01:13:28,080
Speaker 2: as there are matters before the family court, many of

1594
01:13:28,120 --> 01:13:32,280
Speaker 2: the details cannot be discussed, which is very important because

1595
01:13:32,320 --> 01:13:34,559
Speaker 2: if you've heard the rumors that I've heard about what

1596
01:13:34,720 --> 01:13:37,160
Speaker 2: is going on there, might make you a little bit

1597
01:13:37,200 --> 01:13:39,759
Speaker 2: more sympathetic towards him as to why he took away.

1598
01:13:40,080 --> 01:13:42,040
Speaker 2: It took off with the kids. Maybe not altogether, but

1599
01:13:42,120 --> 01:13:44,599
Speaker 2: maybe just a little bit more. Seventeen past six.

1600
01:13:46,400 --> 01:13:49,480
Speaker 3: The Rural Report on Heather do for see Alan.

1601
01:13:49,280 --> 01:13:51,679
Speaker 2: Drive Hi host of the Country with Me. Now, Hey, Jomi,

1602
01:13:52,520 --> 01:13:54,960
Speaker 2: got I hear okay, what are you hearing about the

1603
01:13:55,000 --> 01:13:56,360
Speaker 2: GDT auction tonight?

1604
01:13:57,760 --> 01:14:00,679
Speaker 9: Well, the guy I go to's Mike mcinti at Jardin.

1605
01:14:00,720 --> 01:14:02,800
Speaker 9: I give him a shameless plug every two weeks on

1606
01:14:02,840 --> 01:14:05,400
Speaker 9: the show. I should be sending him an invoice, but

1607
01:14:05,479 --> 01:14:08,320
Speaker 9: he's pretty much on the money. The futures market is

1608
01:14:08,360 --> 01:14:11,479
Speaker 9: suggesting a two percent drop. It's going to be interesting here,

1609
01:14:11,520 --> 01:14:14,160
Speaker 9: and I say that because we're getting we're starting to

1610
01:14:14,320 --> 01:14:18,080
Speaker 9: ramp up volumes in our production season as the North

1611
01:14:18,120 --> 01:14:21,439
Speaker 9: Island especially gets well through carving and starts smoking all

1612
01:14:21,479 --> 01:14:25,360
Speaker 9: the cows. South Island, especially Lower South Island. We're on base,

1613
01:14:25,640 --> 01:14:31,280
Speaker 9: just getting started now. So Mike's saying down two percent. Interestingly,

1614
01:14:31,760 --> 01:14:35,080
Speaker 9: you know this is following I think in the last

1615
01:14:35,160 --> 01:14:39,719
Speaker 9: six octions four drops followed by two lifts, which is good.

1616
01:14:40,080 --> 01:14:44,000
Speaker 9: Our futures market is sitting at still over ten dollars

1617
01:14:44,080 --> 01:14:47,120
Speaker 9: ten dollars ten, so that's where they're picking it's at

1618
01:14:47,240 --> 01:14:50,320
Speaker 9: nine dollars sixty two for the next season, which.

1619
01:14:50,160 --> 01:14:52,400
Speaker 15: Is a long long way off.

1620
01:14:52,520 --> 01:14:56,320
Speaker 9: So look, as obviously we live in uncertain times. Donald

1621
01:14:56,400 --> 01:14:58,559
Speaker 9: might help all that by broker in peace all around

1622
01:14:58,600 --> 01:15:00,800
Speaker 9: the world. But in the meantime, as long as it

1623
01:15:00,800 --> 01:15:03,280
Speaker 9: starts with a ten, I think dairy farmers are going

1624
01:15:03,320 --> 01:15:04,080
Speaker 9: to be pretty happy.

1625
01:15:04,080 --> 01:15:05,479
Speaker 15: We'll keep an eye on that one tonight.

1626
01:15:05,920 --> 01:15:08,920
Speaker 2: Listen, what's going on with the live animal exports?

1627
01:15:09,720 --> 01:15:10,080
Speaker 3: Nothing?

1628
01:15:11,000 --> 01:15:11,360
Speaker 15: Nothing.

1629
01:15:11,400 --> 01:15:14,880
Speaker 9: And you might remember that this was a condition of

1630
01:15:14,920 --> 01:15:18,759
Speaker 9: the coalition agreement. National and ACT campaign during the last

1631
01:15:18,800 --> 01:15:21,960
Speaker 9: election to bring back the trade. And this is a

1632
01:15:22,080 --> 01:15:25,360
Speaker 9: very contentious and.

1633
01:15:27,760 --> 01:15:28,720
Speaker 15: Well put it this way.

1634
01:15:28,760 --> 01:15:31,360
Speaker 9: I think the farming community even here there is split

1635
01:15:31,400 --> 01:15:33,479
Speaker 9: down the middle on this one. And you might remember

1636
01:15:33,840 --> 01:15:37,000
Speaker 9: back in twenty twenty, during that typhoon, we had the

1637
01:15:37,000 --> 01:15:41,760
Speaker 9: Golf Livestock one ship en route to China death. Two

1638
01:15:41,800 --> 01:15:45,320
Speaker 9: New Zealand crew members died along with other crew members.

1639
01:15:45,720 --> 01:15:50,280
Speaker 9: Five thousand, eight hundred cattle were also lost on that ship,

1640
01:15:50,280 --> 01:15:53,599
Speaker 9: and that was the catalyst for saying to the wall

1641
01:15:53,680 --> 01:15:57,120
Speaker 9: for the labor government anyhow to ban this cattle trade.

1642
01:15:57,240 --> 01:15:59,559
Speaker 9: So National and Act want to give it, bring it back.

1643
01:15:59,600 --> 01:16:03,519
Speaker 9: But the part Elementary Council Office. The PCO is drafting

1644
01:16:03,520 --> 01:16:05,719
Speaker 9: the Animal Welfare Act, but they seem to be taking

1645
01:16:05,760 --> 01:16:08,439
Speaker 9: their time on it and we are stuck in no

1646
01:16:08,560 --> 01:16:11,240
Speaker 9: man's land. Now there's two sides to the story. The

1647
01:16:11,439 --> 01:16:15,800
Speaker 9: likes of Labour's Rachel Boyak, who's their animal welfare spokesperson,

1648
01:16:15,920 --> 01:16:18,960
Speaker 9: is saying no good how regardless of how good the

1649
01:16:19,000 --> 01:16:22,559
Speaker 9: welfare is on that ships or on those ships, it's

1650
01:16:22,560 --> 01:16:25,400
Speaker 9: not going to be gold standard, she says, ban it.

1651
01:16:25,760 --> 01:16:28,719
Speaker 9: There'd been no surprise that Steve Abel from the Greens

1652
01:16:28,800 --> 01:16:32,479
Speaker 9: is saying the same thing. So maybe the government might

1653
01:16:32,520 --> 01:16:34,479
Speaker 9: have a wee bit of hard work on this one

1654
01:16:34,560 --> 01:16:36,400
Speaker 9: getting it past the goalie. They've got to get the

1655
01:16:36,479 --> 01:16:41,479
Speaker 9: legislation draft first. But remember Australia is also under elbow

1656
01:16:41,560 --> 01:16:45,880
Speaker 9: planning to phase out live exports of sheep by sea,

1657
01:16:45,960 --> 01:16:48,360
Speaker 9: because that's a huge trade for those guys out of

1658
01:16:48,400 --> 01:16:51,120
Speaker 9: Perth up into the Middle East. They're going to end

1659
01:16:51,160 --> 01:16:54,240
Speaker 9: that by twenty twenty eight. I do need to emphasize

1660
01:16:54,360 --> 01:16:58,040
Speaker 9: that our live animal export would only be for cattle.

1661
01:16:58,800 --> 01:17:01,240
Speaker 2: Interesting, Jamie, thanks very much, I appreciate it. That's Jommy mckaye,

1662
01:17:01,320 --> 01:17:04,720
Speaker 2: Host of the Country, six twenty just really quickly thought

1663
01:17:04,760 --> 01:17:08,200
Speaker 2: some prayers to Wanganui because they have just highed Babs.

1664
01:17:08,960 --> 01:17:11,280
Speaker 2: Babs is going to be their interim chief executive at

1665
01:17:11,320 --> 01:17:11,799
Speaker 2: the council.

1666
01:17:11,840 --> 01:17:12,040
Speaker 8: Now.

1667
01:17:12,160 --> 01:17:15,920
Speaker 2: Babs was the chief executive at Wellington for a very

1668
01:17:15,960 --> 01:17:18,240
Speaker 2: long time and let's just say it was a happy

1669
01:17:18,360 --> 01:17:22,639
Speaker 2: day when Barbara mccarro left Wellington City Council. Taxpayers Union

1670
01:17:23,120 --> 01:17:25,040
Speaker 2: has put out a press release saying it is a

1671
01:17:25,160 --> 01:17:27,800
Speaker 2: terrifying new chapter for Wanganui.

1672
01:17:27,840 --> 01:17:27,960
Speaker 8: Rat.

1673
01:17:28,080 --> 01:17:31,160
Speaker 2: I know in Wanganui you think, geez, they're they're hyping

1674
01:17:31,200 --> 01:17:35,880
Speaker 2: this one. No, Wanganui, it is a terrifying new chapter

1675
01:17:36,479 --> 01:17:39,679
Speaker 2: for your eight payers. Our thoughts are with the people

1676
01:17:39,680 --> 01:17:43,519
Speaker 2: of Wanganui during these uncertain times. Mckerro brings with her

1677
01:17:43,560 --> 01:17:46,439
Speaker 2: a track record, just not the kind you'd want to flaunt.

1678
01:17:46,840 --> 01:17:51,639
Speaker 2: Under her clerkship, Wellington produced experienced phenomenal dysfunction and rates rises.

1679
01:17:51,680 --> 01:17:53,880
Speaker 2: We can only hope Wanganui doesn't have a town hall

1680
01:17:53,920 --> 01:17:58,920
Speaker 2: that needs upgrading or pipes to fix Kyakaha Wellington. Oh

1681
01:17:58,960 --> 01:18:01,840
Speaker 2: what am I talking about? Wanganui? Wellington shot of her,

1682
01:18:01,920 --> 01:18:04,360
Speaker 2: So it's u Wanganui, it's your turn now. Six twenty one.

1683
01:18:04,520 --> 01:18:06,800
Speaker 3: Croaging the numbers and getting the results.

1684
01:18:07,080 --> 01:18:11,040
Speaker 1: It's Heather Dupice Ellen with the Business Hour and MAS

1685
01:18:11,439 --> 01:18:14,240
Speaker 1: for Trusted Home Insurance Solutions News Talks.

1686
01:18:14,280 --> 01:18:17,080
Speaker 2: That'd be Paul Bloxham is going to be with us shortly.

1687
01:18:17,120 --> 01:18:19,880
Speaker 2: We'll have a chat about what is going to happen tomorrow.

1688
01:18:19,920 --> 01:18:22,360
Speaker 2: Obviously twenty five basis point cut. What happens after that

1689
01:18:22,640 --> 01:18:25,040
Speaker 2: easing buyers, But what happens after that? How low do

1690
01:18:25,120 --> 01:18:27,559
Speaker 2: we go? Six twenty four? I think this is fascinating.

1691
01:18:27,560 --> 01:18:29,439
Speaker 2: I was reading in the Guardian this morning. A bunch

1692
01:18:29,439 --> 01:18:32,560
Speaker 2: of researchers from various universities, Yale, Harvard, whole bunch of

1693
01:18:32,640 --> 01:18:35,200
Speaker 2: others have had a look at what's going on in

1694
01:18:35,280 --> 01:18:38,439
Speaker 2: our cities. What they did is they did and basically

1695
01:18:38,520 --> 01:18:41,920
Speaker 2: what they found is we're just we're walking a lot

1696
01:18:41,960 --> 01:18:44,360
Speaker 2: faster than we used to. So they took footage from

1697
01:18:44,400 --> 01:18:48,520
Speaker 2: New York and Boston and Philadelphia from the nineteen seventies,

1698
01:18:48,960 --> 01:18:51,400
Speaker 2: and then they took footage of the same places in

1699
01:18:51,439 --> 01:18:54,840
Speaker 2: those three cities modern day. And then they compared it

1700
01:18:54,880 --> 01:18:57,080
Speaker 2: and they found we walk faster, we linger less, we're

1701
01:18:57,160 --> 01:18:59,920
Speaker 2: less likely to meet up, so we walk fifteen percent

1702
01:19:00,120 --> 01:19:02,519
Speaker 2: faster than we used to. You will see a lot

1703
01:19:02,640 --> 01:19:06,160
Speaker 2: fewer people just standing around and doing nothing, just sort

1704
01:19:06,160 --> 01:19:08,719
Speaker 2: of standing there and taking it all. That doesn't happen

1705
01:19:08,760 --> 01:19:11,240
Speaker 2: as much. And what they call diets, which is pairs

1706
01:19:11,280 --> 01:19:13,760
Speaker 2: who meet and then walk together, numbers of them have

1707
01:19:13,960 --> 01:19:17,160
Speaker 2: gone down. Now they reckon that. I mean, there's a

1708
01:19:17,160 --> 01:19:19,000
Speaker 2: bunch of stuff that you could probably just imagine what's

1709
01:19:19,040 --> 01:19:20,880
Speaker 2: going on in your life that has caused it. We

1710
01:19:21,000 --> 01:19:24,879
Speaker 2: are everything has got faster, so time is more precious,

1711
01:19:24,920 --> 01:19:27,960
Speaker 2: so we spend less time just wandering around and standing

1712
01:19:28,000 --> 01:19:30,920
Speaker 2: around and stuff like that. We have more preferences now

1713
01:19:30,960 --> 01:19:33,800
Speaker 2: to perhaps be in a cafe as opposed to sitting

1714
01:19:33,840 --> 01:19:36,080
Speaker 2: out in the park. But the big thing, obviously is

1715
01:19:36,080 --> 01:19:39,040
Speaker 2: the cell phone. In nineteen seventy we didn't have a

1716
01:19:39,080 --> 01:19:41,200
Speaker 2: cell phone. Nowadays, of course we've got a cell phone.

1717
01:19:41,320 --> 01:19:43,559
Speaker 2: And not only are people probably looking at the cell

1718
01:19:43,600 --> 01:19:46,920
Speaker 2: phone walking around themselves, but sticking it in the ears.

1719
01:19:47,360 --> 01:19:48,639
Speaker 2: And you do that, you stick it in your ear.

1720
01:19:48,680 --> 01:19:50,799
Speaker 2: You don't need somebody to walk with anymore, because you

1721
01:19:50,800 --> 01:19:53,679
Speaker 2: you've got me, are you? You've got me in your ears,

1722
01:19:53,880 --> 01:19:55,360
Speaker 2: So you stick me in your ears, and off you

1723
01:19:55,400 --> 01:19:57,320
Speaker 2: go in your little walk, and I'm keeping you company.

1724
01:19:57,360 --> 01:19:58,800
Speaker 2: So you don't need the other mate who you would

1725
01:19:58,800 --> 01:20:01,360
Speaker 2: normally work with anybody walk with it anyway. They have

1726
01:20:01,400 --> 01:20:05,240
Speaker 2: got a whole bunch of plans involving AI and technology

1727
01:20:05,240 --> 01:20:07,679
Speaker 2: as to how we change this and get us It's

1728
01:20:07,720 --> 01:20:09,479
Speaker 2: never gonna happen, right, This is just what life is like.

1729
01:20:09,479 --> 01:20:12,200
Speaker 2: But isn't it fascinating that we even walk faster than

1730
01:20:12,200 --> 01:20:13,599
Speaker 2: we used to do? Six twenty six?

1731
01:20:14,280 --> 01:20:15,479
Speaker 3: Here the duplessy Ellen.

1732
01:20:15,560 --> 01:20:17,479
Speaker 2: Here is the show BUSINWS In two.

1733
01:20:17,320 --> 01:20:20,400
Speaker 12: Thousand and seven, I was halfway around the world studying

1734
01:20:20,400 --> 01:20:22,200
Speaker 12: abroad in Italy.

1735
01:20:22,960 --> 01:20:26,639
Speaker 18: I had no idea that my dream Hello Anybody harm

1736
01:20:27,240 --> 01:20:29,479
Speaker 18: wasn't about to become the name Marre Meredith.

1737
01:20:29,680 --> 01:20:31,680
Speaker 2: This is the story of Amanda Knox coming back to

1738
01:20:31,720 --> 01:20:33,960
Speaker 2: the screen this time because of course we've had them before.

1739
01:20:34,080 --> 01:20:37,360
Speaker 2: This time though, she's telling the story herself, and she's

1740
01:20:37,439 --> 01:20:40,240
Speaker 2: co producing this TV show about her life with one

1741
01:20:40,280 --> 01:20:45,960
Speaker 2: of her best friends, Monica Lewinsky. Yes, that Monica Lewinsky

1742
01:20:46,080 --> 01:20:47,719
Speaker 2: is one of her best friends. It was an exclusive

1743
01:20:47,760 --> 01:20:50,360
Speaker 2: interview with The Hollywood Reporter with both women, and they

1744
01:20:50,400 --> 01:20:53,200
Speaker 2: said the media storm surrounding their cases was made worse

1745
01:20:53,240 --> 01:20:55,120
Speaker 2: by sexism in some ways.

1746
01:20:55,240 --> 01:20:59,400
Speaker 29: What is the worst aspect of it is that this

1747
01:21:00,080 --> 01:21:04,200
Speaker 29: the kind of the misogyny becomes internalized misogyny, not just

1748
01:21:04,240 --> 01:21:07,880
Speaker 29: for the person who is the target of this, but

1749
01:21:08,000 --> 01:21:08,759
Speaker 29: for all women.

1750
01:21:09,880 --> 01:21:10,120
Speaker 3: Yeah.

1751
01:21:10,280 --> 01:21:12,800
Speaker 2: No, that was definitely that was what I when I

1752
01:21:13,080 --> 01:21:15,960
Speaker 2: heard the Monica Lewinsky thought the story. I thought, she's

1753
01:21:16,360 --> 01:21:19,759
Speaker 2: I'm just so excited about being sexist right now, please, ladies.

1754
01:21:20,240 --> 01:21:22,519
Speaker 2: The new series is called The Twisted Tale of Amanda

1755
01:21:22,560 --> 01:21:24,240
Speaker 2: Knox and you'll be able to watch it on Disney

1756
01:21:24,240 --> 01:21:27,320
Speaker 2: Plus from Thursday. Cannot wait now, Taita, I've been meaning

1757
01:21:27,320 --> 01:21:29,320
Speaker 2: to tell you about this, So Tato fans reckon she's

1758
01:21:29,360 --> 01:21:32,320
Speaker 2: going to be at the super Bowl the halftime act.

1759
01:21:32,600 --> 01:21:35,639
Speaker 2: It's really weird how they're piecing this together because they're

1760
01:21:35,640 --> 01:21:37,200
Speaker 2: getting deep into the weeds here because I don't know

1761
01:21:37,200 --> 01:21:40,519
Speaker 2: if you know this, but Taita apparently loves numerological ester

1762
01:21:40,840 --> 01:21:43,479
Speaker 2: X and so they reckon that they have found clues

1763
01:21:43,479 --> 01:21:45,559
Speaker 2: in the podcast. This is the podcast she did with

1764
01:21:45,600 --> 01:21:48,920
Speaker 2: her boyfriend. She's she talked a lot about wanting how

1765
01:21:49,000 --> 01:21:51,000
Speaker 2: much she loves baking bread. At the moment, she's really

1766
01:21:51,000 --> 01:21:54,120
Speaker 2: into sourdough, and she said she talks about sourdough sixty

1767
01:21:54,160 --> 01:21:56,479
Speaker 2: percent of the time now and they reckon. That's a

1768
01:21:56,520 --> 01:21:59,280
Speaker 2: clue because this is the sixtieth Super Bowl. She see

1769
01:21:59,320 --> 01:22:03,480
Speaker 2: sixty percent sixty step connection there. Also in the podcast,

1770
01:22:03,560 --> 01:22:05,960
Speaker 2: she mentions the number forty seven a number of times.

1771
01:22:06,280 --> 01:22:09,559
Speaker 2: Her forty seventh show in the Era's tour was at

1772
01:22:09,640 --> 01:22:15,520
Speaker 2: Levi's Stadium, and the super Bowl is at Levi's Stadium.

1773
01:22:15,800 --> 01:22:17,960
Speaker 2: I don't know about you, but I think maybe they're

1774
01:22:18,000 --> 01:22:22,240
Speaker 2: a bit crazy, but hey, maybe they're right. Let's see news.

1775
01:22:22,000 --> 01:22:41,600
Speaker 1: Is next, whether it's macro microbe or just playing economics.

1776
01:22:41,640 --> 01:22:44,840
Speaker 1: It's all on the Business Hour with Heather Duplicy, Allen

1777
01:22:45,000 --> 01:22:46,879
Speaker 1: and Mas.

1778
01:22:46,160 --> 01:22:53,240
Speaker 3: For Trusted Home Insurance Solutions, Use talks. Could you're taking medary?

1779
01:22:54,439 --> 01:22:56,519
Speaker 3: How would you name to the.

1780
01:23:01,400 --> 01:23:01,639
Speaker 4: Trunk?

1781
01:23:01,680 --> 01:23:05,200
Speaker 2: Heather reta ta Trump is also the forty seventh president.

1782
01:23:06,560 --> 01:23:09,799
Speaker 2: Conspiracy music. We're going to look for the Easter eggs everywhere,

1783
01:23:09,840 --> 01:23:12,800
Speaker 2: aren't we? Gavin Gray, actually not Gavin Gray this evening

1784
01:23:12,840 --> 01:23:13,920
Speaker 2: it's the end of Brady Who's going to be at

1785
01:23:13,960 --> 01:23:15,519
Speaker 2: this and ten minutes out of the UK. There's a

1786
01:23:15,560 --> 01:23:17,360
Speaker 2: lot going down at the minute. But right now, twenty

1787
01:23:17,360 --> 01:23:20,599
Speaker 2: four away from seven together for Sea l let's talk

1788
01:23:20,600 --> 01:23:23,080
Speaker 2: about the ocr The Reserve Bank is widely expected to

1789
01:23:23,120 --> 01:23:25,519
Speaker 2: cut it tomorrow. It sits at three point twenty five percent.

1790
01:23:25,560 --> 01:23:27,960
Speaker 2: Major banks have already been dropping their mortgage interest rates

1791
01:23:27,960 --> 01:23:31,479
Speaker 2: in anticipation. HSBC's chief economist Paul Bloxham is with us

1792
01:23:31,479 --> 01:23:34,680
Speaker 2: from Sydney. Hay, Paul, so what do you reckon? Do

1793
01:23:34,720 --> 01:23:36,720
Speaker 2: you reckon? They'll have consensus around the table on this.

1794
01:23:38,680 --> 01:23:41,280
Speaker 14: I think that it's fairly clear that the case should

1795
01:23:41,320 --> 01:23:44,120
Speaker 14: be made that, you know, cutting by twenty five basis

1796
01:23:44,120 --> 01:23:47,400
Speaker 14: points makes sense. I think, you know, the economy is

1797
01:23:47,439 --> 01:23:51,240
Speaker 14: still quite sluggish, and the data that the labour markets

1798
01:23:51,240 --> 01:23:53,600
Speaker 14: particularly soggy at the moment, and so the case for

1799
01:23:53,640 --> 01:23:57,000
Speaker 14: supporting growth is probably stronger than the case for being

1800
01:23:57,040 --> 01:23:58,680
Speaker 14: worried that inflation.

1801
01:23:58,320 --> 01:23:59,080
Speaker 4: Has picked up a bit.

1802
01:23:59,120 --> 01:24:01,280
Speaker 14: And it has picked up a bit, so I think

1803
01:24:01,280 --> 01:24:04,439
Speaker 14: they should get over the line fairly comfortably for delivering

1804
01:24:04,439 --> 01:24:05,080
Speaker 14: a cup tomorrow.

1805
01:24:05,479 --> 01:24:07,280
Speaker 2: And what do you reckon? They do the cut and

1806
01:24:07,280 --> 01:24:09,600
Speaker 2: then do they indicate more easy after that?

1807
01:24:10,880 --> 01:24:13,480
Speaker 14: I think that they're likely to be a bit circumspected

1808
01:24:13,479 --> 01:24:18,040
Speaker 14: about what's coming next. Actually, I think although as I say,

1809
01:24:18,080 --> 01:24:20,559
Speaker 14: the economy is still looking a bit sluggish and still

1810
01:24:20,560 --> 01:24:23,800
Speaker 14: the labor market Soggi inflation having picked up a bit

1811
01:24:24,160 --> 01:24:27,240
Speaker 14: is something that will be I think in their focus.

1812
01:24:26,920 --> 01:24:28,000
Speaker 4: They'll know about that.

1813
01:24:28,080 --> 01:24:30,040
Speaker 14: And then I think the other thing to watch out

1814
01:24:30,080 --> 01:24:32,519
Speaker 14: for is we've had some wobbles in the data over

1815
01:24:32,560 --> 01:24:35,439
Speaker 14: the past couple of months, obviously the PMIS and arrange

1816
01:24:35,439 --> 01:24:37,760
Speaker 14: of the sort of timely indicators, but they have come

1817
01:24:37,760 --> 01:24:40,479
Speaker 14: back a bit in the last print, and I do

1818
01:24:40,520 --> 01:24:42,439
Speaker 14: think that these wobbles are going to prove to be

1819
01:24:42,560 --> 01:24:45,000
Speaker 14: just temporary. I think the two big forces at work

1820
01:24:45,240 --> 01:24:46,960
Speaker 14: that are going to lift growth in New Zealand are

1821
01:24:46,960 --> 01:24:48,840
Speaker 14: going to be Interest rates have come down a long

1822
01:24:48,880 --> 01:24:50,920
Speaker 14: way already and I think they'll go down another twenty

1823
01:24:50,920 --> 01:24:53,599
Speaker 14: five basis points. And dairy prices are at high levels

1824
01:24:53,600 --> 01:24:56,000
Speaker 14: and that's boosting the agricultural sector. So I think they

1825
01:24:56,040 --> 01:24:59,320
Speaker 14: should be quite circumspect about what they do next, even

1826
01:24:59,320 --> 01:25:01,839
Speaker 14: though I'm really confident they're going to deliver a cup tomorrow.

1827
01:25:02,280 --> 01:25:04,439
Speaker 2: Do you think that given that you, I mean, you're

1828
01:25:04,479 --> 01:25:06,720
Speaker 2: a bit more glass half full than glass half MD, right,

1829
01:25:06,760 --> 01:25:09,080
Speaker 2: and you think we're probably actually already on our way up.

1830
01:25:09,120 --> 01:25:11,040
Speaker 2: Do we need to change our attitude in this country

1831
01:25:11,080 --> 01:25:12,840
Speaker 2: and stop being so moody about it?

1832
01:25:14,360 --> 01:25:14,519
Speaker 4: Oh?

1833
01:25:14,640 --> 01:25:17,360
Speaker 14: Look, I think that when you look at the economy

1834
01:25:17,400 --> 01:25:19,840
Speaker 14: from a distance, as I do. I watch New Zealand

1835
01:25:19,960 --> 01:25:23,360
Speaker 14: very carefully, but I watch it from Australia. I think

1836
01:25:23,400 --> 01:25:25,800
Speaker 14: I can see the big picture forces at work that

1837
01:25:25,920 --> 01:25:29,280
Speaker 14: are supporting the economy, and I think it does feel

1838
01:25:29,560 --> 01:25:31,000
Speaker 14: on the ground. I was in New Zealand a few

1839
01:25:31,040 --> 01:25:33,640
Speaker 14: weeks back. It does feel still a bit a bit sluggish.

1840
01:25:33,640 --> 01:25:36,160
Speaker 14: But the thing is we're not We're not trying to

1841
01:25:36,160 --> 01:25:38,400
Speaker 14: work out where the economy is right now. We're trying

1842
01:25:38,400 --> 01:25:39,720
Speaker 14: to work out whether the economy is going to be

1843
01:25:39,720 --> 01:25:41,840
Speaker 14: in six or twelve months time. We're trying to forecast,

1844
01:25:42,160 --> 01:25:44,760
Speaker 14: and so I think, don't get too caught up in

1845
01:25:45,000 --> 01:25:46,640
Speaker 14: the things that are the fact that things are a

1846
01:25:46,640 --> 01:25:49,439
Speaker 14: bit sluggish at the moment. The forces at work are

1847
01:25:49,479 --> 01:25:52,519
Speaker 14: in play for getting growth to lift over the next

1848
01:25:52,560 --> 01:25:55,160
Speaker 14: six to twelve months, and that's how we've framed our view.

1849
01:25:55,680 --> 01:25:58,120
Speaker 2: Am I right in thinking that Michelle Bullock was being

1850
01:25:58,160 --> 01:26:00,640
Speaker 2: a little bit cagy about where she thinks neutral is.

1851
01:26:02,200 --> 01:26:04,479
Speaker 14: I don't think the RBA wants to be very specific

1852
01:26:04,479 --> 01:26:06,559
Speaker 14: about where they think neutral is. In fact, they've been

1853
01:26:06,640 --> 01:26:10,439
Speaker 14: quite clear in their published work, in their statement that

1854
01:26:10,479 --> 01:26:13,080
Speaker 14: there are lots of models and those models all show

1855
01:26:13,200 --> 01:26:16,000
Speaker 14: quite you know, are varied estimates as to where neutral is,

1856
01:26:16,360 --> 01:26:18,360
Speaker 14: and so you know, they look at them all and

1857
01:26:18,400 --> 01:26:20,880
Speaker 14: they take some information from them. But I don't think

1858
01:26:20,920 --> 01:26:24,080
Speaker 14: they're being guided in terms of what they do months

1859
01:26:24,080 --> 01:26:26,080
Speaker 14: to months with their or you know, meeting to meeting

1860
01:26:26,160 --> 01:26:28,680
Speaker 14: with their policy setting at the RBA by where they

1861
01:26:28,680 --> 01:26:30,880
Speaker 14: are relative to neutral. I think it's just one of

1862
01:26:31,400 --> 01:26:34,360
Speaker 14: the many things that goes into the mix about the discussion,

1863
01:26:34,400 --> 01:26:36,639
Speaker 14: but it's not actually the thing that's driving the decision.

1864
01:26:36,760 --> 01:26:39,840
Speaker 14: So I think, you know, they've been fairly clear that

1865
01:26:39,920 --> 01:26:42,320
Speaker 14: they don't. They think that it's you know, it's there's

1866
01:26:42,360 --> 01:26:44,960
Speaker 14: a large range of estimates where neutral is.

1867
01:26:45,320 --> 01:26:49,479
Speaker 2: So why not actually say where they think neutral ism?

1868
01:26:49,600 --> 01:26:51,400
Speaker 2: Is it not helpful to people to have an idea

1869
01:26:51,400 --> 01:26:52,120
Speaker 2: of what they think?

1870
01:26:53,400 --> 01:26:55,439
Speaker 14: Well, but I think this is the point that they are.

1871
01:26:55,560 --> 01:26:57,800
Speaker 14: I don't think they set policy in that way. I

1872
01:26:57,800 --> 01:27:00,800
Speaker 14: think the way they go about setting policy is primarily

1873
01:27:01,000 --> 01:27:03,240
Speaker 14: by doing it by feel. Is the way I describe

1874
01:27:03,640 --> 01:27:06,240
Speaker 14: the data dependent. They're watching the data as it comes out.

1875
01:27:06,280 --> 01:27:08,040
Speaker 14: If the data are a bit weak or a bit

1876
01:27:08,080 --> 01:27:10,959
Speaker 14: stronger relative to their forecast than that sort of conditions,

1877
01:27:11,000 --> 01:27:14,200
Speaker 14: how they're going to respond and it's about doing it

1878
01:27:14,200 --> 01:27:17,040
Speaker 14: that way rather than having a really strong view about

1879
01:27:17,080 --> 01:27:19,120
Speaker 14: where they think neutral is and then setting it based

1880
01:27:19,160 --> 01:27:21,880
Speaker 14: on a model framework, because the risk of doing that,

1881
01:27:21,960 --> 01:27:24,280
Speaker 14: of course, is you could be wrong. You might not

1882
01:27:24,320 --> 01:27:27,200
Speaker 14: get your neutral estimate particularly right. And I guess the

1883
01:27:27,280 --> 01:27:29,439
Speaker 14: RBA is being quite clear about the fact that actually

1884
01:27:29,520 --> 01:27:32,360
Speaker 14: there's a lot of variability, and the models all come

1885
01:27:32,439 --> 01:27:35,559
Speaker 14: up with sort of model estimates that can be quite variable.

1886
01:27:35,600 --> 01:27:38,160
Speaker 14: So better to do it by feel better to go

1887
01:27:38,280 --> 01:27:41,120
Speaker 14: about setting monetary policy based on the data as we

1888
01:27:41,160 --> 01:27:43,439
Speaker 14: see it, rather than putting a lot of weight on

1889
01:27:43,600 --> 01:27:44,879
Speaker 14: a very uncertain forecast.

1890
01:27:45,600 --> 01:27:47,759
Speaker 2: What do you think, now that we've had the teriff

1891
01:27:47,800 --> 01:27:50,240
Speaker 2: stuff largely sorted out and it's settled down a wee bit,

1892
01:27:50,360 --> 01:27:53,040
Speaker 2: where do you see the international economic situation sitting.

1893
01:27:54,120 --> 01:27:56,360
Speaker 14: I think we still yet to see the full effect

1894
01:27:56,520 --> 01:27:59,840
Speaker 14: of the tariff uncertainty that came through. I think a

1895
01:27:59,840 --> 01:28:02,559
Speaker 14: lot of what's actually held up the economic indicators over

1896
01:28:02,600 --> 01:28:05,519
Speaker 14: the past six months or so has been a lot

1897
01:28:05,520 --> 01:28:07,880
Speaker 14: of front loading. You know, there's been a lot of

1898
01:28:07,920 --> 01:28:11,360
Speaker 14: pool forward of activity ahead of the arrival of those tariffs,

1899
01:28:11,560 --> 01:28:13,240
Speaker 14: a lot of imports into the US, a lot of

1900
01:28:13,280 --> 01:28:15,920
Speaker 14: exports out of other economies into the US, and I

1901
01:28:15,920 --> 01:28:18,080
Speaker 14: think we're yet to see that front loading roll off,

1902
01:28:18,120 --> 01:28:20,240
Speaker 14: and I think as it does roll off, it's actually

1903
01:28:20,320 --> 01:28:23,120
Speaker 14: going to weaken the global economic cycle, both the US

1904
01:28:23,520 --> 01:28:25,800
Speaker 14: and the one in Asia. So I think I think

1905
01:28:25,800 --> 01:28:28,240
Speaker 14: we still haven't seen the full effect of that, the

1906
01:28:28,320 --> 01:28:32,080
Speaker 14: uncertainty that was created by all of those trade developments,

1907
01:28:32,120 --> 01:28:35,559
Speaker 14: and also the impact it's had in terms of driving

1908
01:28:35,560 --> 01:28:37,960
Speaker 14: front loading. So we've still got in mind that global

1909
01:28:37,960 --> 01:28:41,080
Speaker 14: growth slows in the coming months and into the early

1910
01:28:41,120 --> 01:28:42,000
Speaker 14: part of next year.

1911
01:28:42,120 --> 01:28:42,519
Speaker 12: Good stuff.

1912
01:28:42,560 --> 01:28:43,960
Speaker 2: Hey, it's always good to talk to you, Paul. Thanks

1913
01:28:43,960 --> 01:28:47,760
Speaker 2: so much. Paul Bloxham, HSPECIES Chief Economist, nineteen away from seven.

1914
01:28:48,439 --> 01:28:49,720
Speaker 3: For ever DUPLESL.

1915
01:28:49,920 --> 01:28:51,680
Speaker 2: He's a little bit more on the Ukraine meeting that

1916
01:28:51,760 --> 01:28:55,360
Speaker 2: happened overnight our time. Here's NATO's boss Mark Rutter on

1917
01:28:55,400 --> 01:28:57,240
Speaker 2: whether Ukraine will get NATO membership.

1918
01:28:57,439 --> 01:28:59,640
Speaker 6: The situation is this that the UASS and some other

1919
01:28:59,760 --> 01:29:03,439
Speaker 6: kind have said that they are against NATO membership for Ukraine.

1920
01:29:03,760 --> 01:29:06,840
Speaker 6: The official NATO position since the summer in twenty twenty

1921
01:29:06,880 --> 01:29:10,360
Speaker 6: four is that there is an irreversible path for Ukraine

1922
01:29:10,439 --> 01:29:13,320
Speaker 6: into NATO. But what we are discussing here is not

1923
01:29:13,479 --> 01:29:17,599
Speaker 6: NATO membership. What we're discussing here is Article five type

1924
01:29:17,640 --> 01:29:22,760
Speaker 6: of security guarantees for Ukraine, and what they exactly will

1925
01:29:22,840 --> 01:29:25,280
Speaker 6: untail will now be more specifically discussed.

1926
01:29:25,520 --> 01:29:29,240
Speaker 2: That excellent special he says, any peace agreement has to

1927
01:29:29,240 --> 01:29:31,880
Speaker 2: stop Posing from coming again with another invasion. That's got

1928
01:29:31,920 --> 01:29:32,680
Speaker 2: to be the point of the thing.

1929
01:29:32,800 --> 01:29:35,479
Speaker 6: But what we all agree on is that if this

1930
01:29:35,640 --> 01:29:38,599
Speaker 6: work comes to an end, we cannot have a repeat

1931
01:29:38,760 --> 01:29:43,600
Speaker 6: of the Minsk Piece agreement of twenty fourteen, which was

1932
01:29:43,680 --> 01:29:48,000
Speaker 6: then basically challenged by the Russians in the months and

1933
01:29:48,080 --> 01:29:52,040
Speaker 6: years after. So it has to be definitive that Russia

1934
01:29:52,040 --> 01:29:55,799
Speaker 6: will never ever ever again try to catch a square

1935
01:29:55,920 --> 01:30:00,120
Speaker 6: mile of charity of Ukraine post a piece deal. And

1936
01:30:00,160 --> 01:30:03,080
Speaker 6: again all the details now have to be hammered out.

1937
01:30:03,240 --> 01:30:03,400
Speaker 18: Now.

1938
01:30:03,479 --> 01:30:06,840
Speaker 2: One way to at least try to make this less

1939
01:30:07,000 --> 01:30:11,080
Speaker 2: likely that Posen is able to get any more land

1940
01:30:11,080 --> 01:30:13,479
Speaker 2: from Ukraine is to put boots on the ground, whether

1941
01:30:13,520 --> 01:30:15,320
Speaker 2: they be from the US or Europe. But you know,

1942
01:30:16,320 --> 01:30:18,519
Speaker 2: as is always the case, I made a decision about that.

1943
01:30:18,600 --> 01:30:21,840
Speaker 6: Yet we have not discussed that at all today, so

1944
01:30:22,520 --> 01:30:26,240
Speaker 6: that will be part of the discussions which now start.

1945
01:30:26,560 --> 01:30:30,240
Speaker 2: Now. Please remember that Mark Rutter was the guy who

1946
01:30:30,320 --> 01:30:34,479
Speaker 2: called Trump Daddy. When you hear him describe how awesome

1947
01:30:34,520 --> 01:30:35,519
Speaker 2: Trump was during the.

1948
01:30:35,479 --> 01:30:37,920
Speaker 6: Meeting, Well, he was amazing and he is amazing. And

1949
01:30:38,000 --> 01:30:41,320
Speaker 6: let me tell you this that his criticism of NATO

1950
01:30:41,840 --> 01:30:44,880
Speaker 6: was right. What he was saying is that the US

1951
01:30:44,920 --> 01:30:48,080
Speaker 6: is spending so much more on this defense and therefore

1952
01:30:48,080 --> 01:30:51,240
Speaker 6: spending on the collective defense of Natro charity than the Europeans.

1953
01:30:51,280 --> 01:30:53,720
Speaker 6: And the great thing is and I think this is

1954
01:30:54,240 --> 01:30:57,040
Speaker 6: and I hope the Americans see this. Probably one of

1955
01:30:57,120 --> 01:31:01,880
Speaker 6: his biggest foreign policy successes of his president of forty

1956
01:31:01,920 --> 01:31:04,880
Speaker 6: seven is that during the nature summer we come metas

1957
01:31:04,880 --> 01:31:07,479
Speaker 6: collectively to this five percent spending.

1958
01:31:08,400 --> 01:31:11,919
Speaker 2: He is right, he is right. But Jes's a sakap,

1959
01:31:12,040 --> 01:31:13,719
Speaker 2: isn't he? Sixteen away from seven?

1960
01:31:14,200 --> 01:31:17,960
Speaker 1: Everything from his simms to the big corprits, the Business

1961
01:31:17,960 --> 01:31:21,679
Speaker 1: Hour with Hither dup Cy Ellen and Les for Trusted

1962
01:31:21,720 --> 01:31:23,599
Speaker 1: Home Insurance Solutions, News.

1963
01:31:23,479 --> 01:31:26,479
Speaker 2: Talks Envy, it's fourteen away from seven, and Inde Brady

1964
01:31:26,560 --> 01:31:28,040
Speaker 2: is our UK correspondent this evening.

1965
01:31:28,080 --> 01:31:30,479
Speaker 23: Hey, Inda, Hey, Heather, great to speak to you.

1966
01:31:30,479 --> 01:31:30,719
Speaker 3: Agains.

1967
01:31:30,760 --> 01:31:33,280
Speaker 2: So did Kistama interrupt a family holiday to go over

1968
01:31:33,320 --> 01:31:33,879
Speaker 2: to Washington?

1969
01:31:34,960 --> 01:31:37,559
Speaker 23: Yes, he did, So this is the second consecutive summer

1970
01:31:37,720 --> 01:31:40,679
Speaker 23: that the Starmers have had their family holiday interrupted because

1971
01:31:40,680 --> 01:31:43,320
Speaker 23: a year ago it was the aftermath of the Southport

1972
01:31:43,439 --> 01:31:46,840
Speaker 23: stabbings and all those riots across the UK. This time

1973
01:31:46,920 --> 01:31:50,000
Speaker 23: he has left the family in Scotland and gone to Washington.

1974
01:31:50,040 --> 01:31:52,439
Speaker 23: That is how important he felt it was that the

1975
01:31:52,560 --> 01:31:54,519
Speaker 23: UK be in the room or in the room next

1976
01:31:54,560 --> 01:31:58,840
Speaker 23: door while Zelenski was meeting Trump. This has been a huge,

1977
01:31:59,000 --> 01:32:01,920
Speaker 23: huge meeting land last night. But I think there's still

1978
01:32:02,000 --> 01:32:07,200
Speaker 23: a lot of concern in European capitals that Putin categorically

1979
01:32:07,600 --> 01:32:11,639
Speaker 23: cannot be trusted. So we're talking and hearing about, you know,

1980
01:32:11,760 --> 01:32:16,400
Speaker 23: America providing a security guarantee for Ukraine. Putin is not

1981
01:32:16,479 --> 01:32:20,080
Speaker 23: going to accept foreign boots on Ukrainian soil to keep

1982
01:32:20,120 --> 01:32:23,280
Speaker 23: back Russian forces. So let's see what happens next. But

1983
01:32:23,360 --> 01:32:25,400
Speaker 23: I guess the next step will be a meeting, a

1984
01:32:25,520 --> 01:32:29,400
Speaker 23: trilateral between Putin, Trump and Zelenski.

1985
01:32:29,479 --> 01:32:31,200
Speaker 2: Yeah, so what is it? I mean, Putin's going to

1986
01:32:31,280 --> 01:32:33,160
Speaker 2: have to give some ground though, isn't he. If he's

1987
01:32:33,200 --> 01:32:35,360
Speaker 2: asking Zelenski to give up all that land, he's going

1988
01:32:35,400 --> 01:32:37,120
Speaker 2: to have to give up some stuff too. Both sides

1989
01:32:37,160 --> 01:32:37,960
Speaker 2: have to give stuff up.

1990
01:32:38,800 --> 01:32:41,479
Speaker 23: Well, I think what Putin will have to give up

1991
01:32:41,600 --> 01:32:43,880
Speaker 23: is give up fighting. That will have to be an

1992
01:32:43,880 --> 01:32:47,240
Speaker 23: immediate end to the war. But everyone in Europe, I

1993
01:32:47,280 --> 01:32:51,400
Speaker 23: mean people in the Baltic nations of Estonia, Latvia and Lithuania,

1994
01:32:51,640 --> 01:32:55,599
Speaker 23: they're very, very nervous about what Putin does next. And

1995
01:32:55,960 --> 01:32:58,840
Speaker 23: you know he's got this meat grinder mentality that he

1996
01:32:58,880 --> 01:33:01,519
Speaker 23: will just push men will he will push them over

1997
01:33:01,520 --> 01:33:04,479
Speaker 23: the front line and keep going inch by inch, week

1998
01:33:04,560 --> 01:33:07,799
Speaker 23: by week, kilometer by kilometer until he has the whole

1999
01:33:07,840 --> 01:33:11,960
Speaker 23: of Ukraine and then what. So it's fascinating that the

2000
01:33:12,000 --> 01:33:14,680
Speaker 23: show of strength from Europe last night. I think we

2001
01:33:14,720 --> 01:33:18,360
Speaker 23: need to really understand that all those European leaders in

2002
01:33:18,400 --> 01:33:21,160
Speaker 23: the middle of their summer holidays suddenly getting their act

2003
01:33:21,200 --> 01:33:24,080
Speaker 23: together and being in that room next door monumental.

2004
01:33:24,520 --> 01:33:27,559
Speaker 2: So do you not think this occurred to me today?

2005
01:33:27,600 --> 01:33:30,880
Speaker 2: Do you not think that Putin has to settle this time?

2006
01:33:30,960 --> 01:33:34,280
Speaker 2: Because what's happened is Trump has gone out. He's got

2007
01:33:34,320 --> 01:33:36,600
Speaker 2: all of this media coverage. It's been just wall to

2008
01:33:36,640 --> 01:33:39,360
Speaker 2: wall across the world. Right, So Trump a lot of

2009
01:33:39,560 --> 01:33:42,160
Speaker 2: his reputation is pinned on this. If Putin dicks them

2010
01:33:42,160 --> 01:33:45,080
Speaker 2: over now it will be humiliating for him. And then

2011
01:33:45,200 --> 01:33:48,400
Speaker 2: surely he's incentivized, this is Trump, He's incentivized to come

2012
01:33:48,439 --> 01:33:50,519
Speaker 2: after Putin and make life as hard as possible and

2013
01:33:50,520 --> 01:33:53,160
Speaker 2: crush the economy. So does Putin now not have skin

2014
01:33:53,200 --> 01:33:54,439
Speaker 2: in the game to actually settle.

2015
01:33:55,479 --> 01:33:57,160
Speaker 23: It's a very good point. But look, I think what

2016
01:33:57,200 --> 01:34:00,519
Speaker 23: Trump wants most of all is the nobel piece. We

2017
01:34:00,600 --> 01:34:05,479
Speaker 23: know that much. And if leaders were serious about hurting Putin,

2018
01:34:05,600 --> 01:34:07,800
Speaker 23: how this could have been and should have been done

2019
01:34:07,840 --> 01:34:11,760
Speaker 23: a long time ago was massive secondary sanctions on people

2020
01:34:11,840 --> 01:34:14,600
Speaker 23: who are buying Russian oil and gas and keeping the

2021
01:34:14,680 --> 01:34:18,439
Speaker 23: Russian economy going, and that is China and India, And

2022
01:34:18,479 --> 01:34:21,120
Speaker 23: for whatever reason, people have not shown the willingness to

2023
01:34:21,120 --> 01:34:24,960
Speaker 23: go after those two countries economically as well Putin. The

2024
01:34:25,040 --> 01:34:28,720
Speaker 23: feeling in Europe from speaking to European leaders, politicians, diplomats

2025
01:34:28,720 --> 01:34:30,840
Speaker 23: for the last three and a half years they do

2026
01:34:30,880 --> 01:34:33,559
Speaker 23: not trust him, they cannot trust him. And even as

2027
01:34:33,600 --> 01:34:36,679
Speaker 23: Zelenski was walking into the room, Russia was launching drawn

2028
01:34:36,720 --> 01:34:40,000
Speaker 23: attacks on Ukrainian civilians last night. That's all we need

2029
01:34:40,040 --> 01:34:41,200
Speaker 23: to know about what Putin is.

2030
01:34:41,479 --> 01:34:44,360
Speaker 2: Okay, now, explain something to me, as the London bar

2031
01:34:44,600 --> 01:34:47,680
Speaker 2: adding a four percent like a tep when you go

2032
01:34:47,800 --> 01:34:49,880
Speaker 2: up to the bar to order the drinks or for

2033
01:34:50,000 --> 01:34:50,960
Speaker 2: all drinks.

2034
01:34:52,040 --> 01:34:54,280
Speaker 23: So it's all drinks. This is a pub that's brought

2035
01:34:54,280 --> 01:34:56,920
Speaker 23: this in in Waterloo in London four percent, So you

2036
01:34:56,960 --> 01:34:59,240
Speaker 23: go up, you buy your beer, wine or whatever, and

2037
01:34:59,280 --> 01:35:01,639
Speaker 23: then you pay your you go to tap with your phone,

2038
01:35:02,000 --> 01:35:05,000
Speaker 23: they've already added the four percent and then the only

2039
01:35:05,080 --> 01:35:07,440
Speaker 23: way you can get this off is if you object,

2040
01:35:07,920 --> 01:35:09,720
Speaker 23: and then the member of staff has to then go

2041
01:35:09,760 --> 01:35:13,160
Speaker 23: back into the transaction and remove the four percent and look, okay,

2042
01:35:13,200 --> 01:35:15,759
Speaker 23: it's not going to break anyone, but it's about sixty

2043
01:35:15,840 --> 01:35:18,559
Speaker 23: cents on a pint of lager, and a lager in

2044
01:35:18,600 --> 01:35:22,960
Speaker 23: London these days is sixteen New Zealand dollars. So my

2045
01:35:23,120 --> 01:35:28,000
Speaker 23: question is, are we now stealthily heading towards an American style,

2046
01:35:28,479 --> 01:35:31,880
Speaker 23: you know, bar economy where we're tipping people for absolutely everything,

2047
01:35:31,920 --> 01:35:34,000
Speaker 23: because normally you ask someone for a tip in a

2048
01:35:34,040 --> 01:35:36,120
Speaker 23: pub in London, they'll give you the who's going to

2049
01:35:36,160 --> 01:35:38,519
Speaker 23: win the next race at Lingfield, you know with the horses.

2050
01:35:39,640 --> 01:35:43,519
Speaker 23: Are we slowly inching our way towards America kind of

2051
01:35:43,520 --> 01:35:46,479
Speaker 23: tipping absolutely everyone? And yet people would say oh, it's

2052
01:35:46,479 --> 01:35:49,400
Speaker 23: only four percent, and what they're doing it's very clever

2053
01:35:49,479 --> 01:35:52,640
Speaker 23: because pubs in London are packed, it's busy. Do you

2054
01:35:52,720 --> 01:35:54,040
Speaker 23: want to be the guy or the girl at the

2055
01:35:54,040 --> 01:35:56,400
Speaker 23: bar going oh? I objected that, take that off, and

2056
01:35:56,439 --> 01:35:58,360
Speaker 23: suddenly you got someone behind you saying come on, Paul,

2057
01:35:58,439 --> 01:35:58,880
Speaker 23: hurry up.

2058
01:35:59,280 --> 01:36:01,720
Speaker 2: Yeah, no wants to be that dick. Hey, thank you, Er,

2059
01:36:01,720 --> 01:36:06,360
Speaker 2: I appreciate it. That's end of Brady UK corresponded, I

2060
01:36:06,400 --> 01:36:08,280
Speaker 2: thought when I read that story this morning, I didn't

2061
01:36:08,320 --> 01:36:09,519
Speaker 2: know it was all the drinks. I thought it was

2062
01:36:09,560 --> 01:36:11,000
Speaker 2: just if you went up to the bar and order

2063
01:36:11,000 --> 01:36:12,200
Speaker 2: the drinks. So I thought that's the wrong way.

2064
01:36:12,240 --> 01:36:12,400
Speaker 1: Aroun.

2065
01:36:12,400 --> 01:36:14,000
Speaker 2: I'm sure that the four percent should be so if

2066
01:36:14,040 --> 01:36:16,040
Speaker 2: they come to your table. But anyway, it turns out

2067
01:36:16,040 --> 01:36:19,160
Speaker 2: that maybe maybe I should have paid attention in reading classes,

2068
01:36:19,640 --> 01:36:21,680
Speaker 2: because obviously I didn't get the I didn't get what

2069
01:36:21,720 --> 01:36:23,920
Speaker 2: was going on. By the way, I don't know if

2070
01:36:23,960 --> 01:36:25,800
Speaker 2: you caught this about the meeting overnight, but there was

2071
01:36:25,800 --> 01:36:28,479
Speaker 2: a hot mic moment. Trump was caught with his mic

2072
01:36:28,560 --> 01:36:31,800
Speaker 2: on saying to Emmanuel Macron, I think Putin wants to

2073
01:36:31,800 --> 01:36:34,040
Speaker 2: make a deal for me. As crazy as it sounds here,

2074
01:36:34,040 --> 01:36:35,320
Speaker 2: it is Luke.

2075
01:36:35,360 --> 01:36:38,439
Speaker 25: He wants to make a goosday as crazy as it.

2076
01:36:38,439 --> 01:36:41,879
Speaker 2: Soundsday, so I think, But I think is that a revelation.

2077
01:36:41,960 --> 01:36:43,760
Speaker 2: I don't think it is a revelation. We already knew that.

2078
01:36:43,880 --> 01:36:46,200
Speaker 2: Eight away from seven it's.

2079
01:36:46,080 --> 01:36:46,680
Speaker 3: The Heather too.

2080
01:36:46,720 --> 01:36:50,880
Speaker 1: Per C Allen Drive Full Show podcast on iHeartRadio powered

2081
01:36:50,880 --> 01:36:53,040
Speaker 1: by news dog zeb Here.

2082
01:36:53,120 --> 01:36:55,719
Speaker 2: The Putin's survival as a dictator depends on him carrying

2083
01:36:55,720 --> 01:36:58,840
Speaker 2: on with the wall, subjugating Ukraine to start with, to

2084
01:36:58,880 --> 01:37:01,800
Speaker 2: fulfill his stated goal recreated Catherine the Great Peter the

2085
01:37:01,800 --> 01:37:04,240
Speaker 2: Great's Russian Empire, fairpoint Bruce. Quite a few people think

2086
01:37:04,240 --> 01:37:05,880
Speaker 2: that as well. Now do you know what? I was

2087
01:37:05,920 --> 01:37:09,720
Speaker 2: reading a thing today about Radio New Zealand written by

2088
01:37:09,720 --> 01:37:12,360
Speaker 2: a chap called Bill Curtin, who once upon a time

2089
01:37:12,520 --> 01:37:15,479
Speaker 2: had been a program director or something like that at BFM.

2090
01:37:15,520 --> 01:37:17,360
Speaker 2: Remember BFM, I mean, they're still around. You don't need

2091
01:37:17,400 --> 01:37:19,879
Speaker 2: to remember them. You can just you know, they still exist.

2092
01:37:20,360 --> 01:37:23,559
Speaker 2: Most of us don't listen to them, but youth radio.

2093
01:37:23,600 --> 01:37:26,200
Speaker 2: But anyway, what he said was, I was reminded of

2094
01:37:26,280 --> 01:37:28,840
Speaker 2: arn Z recently. I loved this so much. I was

2095
01:37:28,880 --> 01:37:31,360
Speaker 2: reminded of arn Z recently while I was using an

2096
01:37:31,439 --> 01:37:33,760
Speaker 2: a three envelope when all I really needed was a

2097
01:37:33,840 --> 01:37:38,479
Speaker 2: letter sized one. Doesn't that so beautifully describe the public service?

2098
01:37:38,960 --> 01:37:41,680
Speaker 2: My current view is that the entire state broadcasting apparatus

2099
01:37:41,800 --> 01:37:44,599
Speaker 2: is confused and oversized. And I don't read this reach

2100
01:37:44,720 --> 01:37:48,599
Speaker 2: this radical conclusion lightly A habit of constantly reading, watching, listening,

2101
01:37:48,840 --> 01:37:51,679
Speaker 2: but mostly canvassing public opinion over my forty year career

2102
01:37:51,720 --> 01:37:54,520
Speaker 2: tells me all I need to know. Doesn't that beautifully

2103
01:37:54,840 --> 01:37:57,680
Speaker 2: illustrate what it's like in the public service? This is

2104
01:37:57,720 --> 01:37:59,760
Speaker 2: like when Brook van Velden said, I can you guys

2105
01:37:59,760 --> 01:38:02,040
Speaker 2: just paint and switched the names on the logo, put

2106
01:38:02,040 --> 01:38:03,439
Speaker 2: the English one at the top of the Mardi one

2107
01:38:03,439 --> 01:38:06,280
Speaker 2: at the bottom, and they went fifty hours going to

2108
01:38:06,360 --> 01:38:08,360
Speaker 2: need some consultants when the rest of us could just

2109
01:38:08,360 --> 01:38:10,519
Speaker 2: do it on the computer. And I don't even don't

2110
01:38:10,520 --> 01:38:11,920
Speaker 2: even know how to do stuff like that. I could

2111
01:38:11,920 --> 01:38:14,840
Speaker 2: figure it out, I reckon anyway, It's basically the attitude is,

2112
01:38:15,200 --> 01:38:16,960
Speaker 2: get the big envelope when all you need is the

2113
01:38:16,960 --> 01:38:19,680
Speaker 2: small envelope. And the point he goes on to make,

2114
01:38:19,720 --> 01:38:21,320
Speaker 2: which I thought was a very good one as well,

2115
01:38:21,880 --> 01:38:24,960
Speaker 2: was that the reason he's writing about urn Z is

2116
01:38:24,960 --> 01:38:26,360
Speaker 2: because I don't know if you were aware of it,

2117
01:38:26,400 --> 01:38:29,400
Speaker 2: but they got a pretty scathing little report delivered to

2118
01:38:29,400 --> 01:38:32,080
Speaker 2: them written by one of their former staff called Richard Sutherland,

2119
01:38:32,240 --> 01:38:34,760
Speaker 2: and they paid Richard thirty thousand dollars for it. And

2120
01:38:34,800 --> 01:38:37,519
Speaker 2: the CEO said, we will be undertaking a major reset

2121
01:38:37,560 --> 01:38:39,840
Speaker 2: of the station on our approach to live radio. I

2122
01:38:39,880 --> 01:38:43,360
Speaker 2: am seeking your independent, frank guidance on how best to

2123
01:38:43,400 --> 01:38:45,960
Speaker 2: do this, which, when you think about it, is once

2124
01:38:45,960 --> 01:38:47,960
Speaker 2: again a giant waste of money. Because if you were

2125
01:38:48,000 --> 01:38:50,080
Speaker 2: running a radio station and yet you don't know what

2126
01:38:50,120 --> 01:38:52,320
Speaker 2: you need to do to make the radio station successful,

2127
01:38:52,360 --> 01:38:55,200
Speaker 2: how about you fire yourself and get somebody else and

2128
01:38:55,240 --> 01:38:57,040
Speaker 2: who can do a good job. Or the guy that

2129
01:38:57,080 --> 01:38:59,280
Speaker 2: you're paying thirty thousand dollars to maybe he should be

2130
01:38:59,320 --> 01:39:01,439
Speaker 2: doing it. But to actually hire somebody else to tell

2131
01:39:01,479 --> 01:39:03,920
Speaker 2: you how to do your job, I mean, does it

2132
01:39:03,960 --> 01:39:04,840
Speaker 2: not blow your mind?

2133
01:39:05,640 --> 01:39:09,240
Speaker 16: Ants Elton John Crocodile Rock to play us out tonight.

2134
01:39:09,280 --> 01:39:11,519
Speaker 16: Now he has been accused. I say accused because we've

2135
01:39:11,520 --> 01:39:13,679
Speaker 16: only heard one side of the case this. We haven't

2136
01:39:13,680 --> 01:39:15,599
Speaker 16: heard from Elton John on this, but he's been accused

2137
01:39:15,640 --> 01:39:19,400
Speaker 16: of ruining a lady's hen's party because him and David

2138
01:39:19,439 --> 01:39:23,920
Speaker 16: Walliams booked La Gatlite, a restaurant in Kahn, for a

2139
01:39:23,960 --> 01:39:27,439
Speaker 16: semi private event, and this woman alleges that she had

2140
01:39:27,479 --> 01:39:30,360
Speaker 16: booked a hen party for that restaurant, and she had

2141
01:39:30,360 --> 01:39:33,080
Speaker 16: booked at months ahead, and then she was told, oh,

2142
01:39:33,080 --> 01:39:35,040
Speaker 16: I'm sorry, there's going to be a semi private event

2143
01:39:35,120 --> 01:39:37,400
Speaker 16: here with Elton John and David Walliams. So we're going

2144
01:39:37,400 --> 01:39:40,160
Speaker 16: to have to cancel your booking so that the restaurant,

2145
01:39:40,200 --> 01:39:42,439
Speaker 16: you know, sort of prioritize the celebrities. And like I say,

2146
01:39:42,479 --> 01:39:44,240
Speaker 16: we only have this lady's word for it, no one

2147
01:39:44,240 --> 01:39:48,559
Speaker 16: else's Sidney thing. Oh yeah, it's a bit stee, isn't it.

2148
01:39:49,000 --> 01:39:51,040
Speaker 2: I mean if you had to host a random or

2149
01:39:51,040 --> 01:39:52,000
Speaker 2: Elton John.

2150
01:39:52,160 --> 01:39:54,280
Speaker 16: Well, yeah, book a booking should be a booking, you know.

2151
01:39:54,439 --> 01:39:59,360
Speaker 2: Oh, come off at ants, stop enjoy evening. See tomorrow.

2152
01:40:13,920 --> 01:40:17,080
Speaker 1: For more from Hither Duplessy Allen Drive. Listen live to

2153
01:40:17,200 --> 01:40:20,240
Speaker 1: news talks it'd be from four pm weekdays, or follow

2154
01:40:20,280 --> 01:40:22,040
Speaker 1: the podcast on iHeartRadio