1
00:00:01,480 --> 00:00:03,920
Speaker 1: The only drive show you can try the truck to

2
00:00:04,000 --> 00:00:07,120
Speaker 1: ask the questions, you get the answers, find a fact

3
00:00:07,200 --> 00:00:11,720
Speaker 1: sack and give the analysis. Heather duplicy Ellen Drive with

4
00:00:12,000 --> 00:00:15,640
Speaker 1: One New Zealand and the power of satellite mobile news dogs.

5
00:00:15,680 --> 00:00:15,960
Speaker 2: That'd be.

6
00:00:17,640 --> 00:00:20,520
Speaker 3: Afternoon, Welcome to the show. Coming up today. The new

7
00:00:20,520 --> 00:00:23,439
Speaker 3: Reserve Bank governor on her first rates decision. She's with

8
00:00:23,520 --> 00:00:27,240
Speaker 3: us after five Fletcher Building on their first operating profit

9
00:00:27,320 --> 00:00:31,080
Speaker 3: in years, and David Seymour on Farmac funding blood cancer drugs.

10
00:00:31,320 --> 00:00:32,880
Speaker 2: Heather duplicy Ellen.

11
00:00:32,840 --> 00:00:35,080
Speaker 3: So we've had the first monetary policy decision from the

12
00:00:35,120 --> 00:00:37,599
Speaker 3: new Reserve Bank governor. And it's not really until you've

13
00:00:37,640 --> 00:00:39,920
Speaker 3: got a new captain in charge that you realize just

14
00:00:40,080 --> 00:00:42,840
Speaker 3: how little confidence you had left in the last lot.

15
00:00:43,320 --> 00:00:45,880
Speaker 3: I mean, look, it's, let's be fair, it's early days

16
00:00:45,880 --> 00:00:47,720
Speaker 3: for Anna Bremen. We will judge her by what she

17
00:00:47,800 --> 00:00:49,960
Speaker 3: does from here on in. But she does start with

18
00:00:50,000 --> 00:00:53,239
Speaker 3: a clean slate without us reading into her decision and

19
00:00:53,280 --> 00:00:56,120
Speaker 3: second guessing everything because of a poor track record, and

20
00:00:56,280 --> 00:01:00,240
Speaker 3: that I would say is at absolutely welcome change from

21
00:01:00,280 --> 00:01:02,240
Speaker 3: just a few weeks ago before she took the helm.

22
00:01:02,640 --> 00:01:05,720
Speaker 3: Her take is that inflation is fine, yeah, it's sitting

23
00:01:05,720 --> 00:01:07,679
Speaker 3: a little high at the moment, three point one. That's

24
00:01:07,720 --> 00:01:10,000
Speaker 3: outside the target band, but it will fall back within

25
00:01:10,080 --> 00:01:14,119
Speaker 3: the band by this time next year. The economy is improving.

26
00:01:14,600 --> 00:01:17,240
Speaker 3: The green shoots that were previously limited to the regions

27
00:01:17,240 --> 00:01:20,880
Speaker 3: and certain industries are becoming more widespread. Households are getting

28
00:01:20,880 --> 00:01:23,360
Speaker 3: more money in their pockets, but they still are cautious,

29
00:01:23,640 --> 00:01:26,920
Speaker 3: and that's a problem because unless they're confident enough to spend,

30
00:01:27,280 --> 00:01:29,440
Speaker 3: they will hold back the economic recovery from what it

31
00:01:29,480 --> 00:01:32,200
Speaker 3: could could potentially be. But and this is probably the

32
00:01:32,200 --> 00:01:35,480
Speaker 3: bit that you've been the most interested in been waiting for,

33
00:01:36,080 --> 00:01:38,840
Speaker 3: they will start raising the ocr faster than we thought

34
00:01:39,240 --> 00:01:42,880
Speaker 3: so Previously they had the official cash rate projection going

35
00:01:42,880 --> 00:01:44,959
Speaker 3: from two point two percent in March to two point

36
00:01:44,959 --> 00:01:47,200
Speaker 3: three percent in December. That's now come forward. It's now

37
00:01:47,200 --> 00:01:50,040
Speaker 3: two point three percent in June and two point four

38
00:01:50,040 --> 00:01:53,360
Speaker 3: percent in December. In their predictions, the first hike will

39
00:01:53,400 --> 00:01:56,520
Speaker 3: still most likely be in December, but the chances of

40
00:01:56,520 --> 00:01:58,680
Speaker 3: it being in September just went up. It's not a

41
00:01:58,680 --> 00:02:01,200
Speaker 3: major concern, it's it's not a major correction. It's not

42
00:02:01,240 --> 00:02:03,639
Speaker 3: really a game changer for anyone, but it is bringing

43
00:02:03,680 --> 00:02:06,520
Speaker 3: the inevitable closer. Still for now, it's nice to have

44
00:02:06,560 --> 00:02:08,480
Speaker 3: a change at the top, isn't it. And here's hoping

45
00:02:08,480 --> 00:02:10,399
Speaker 3: this governor does a better job than the last one.

46
00:02:11,000 --> 00:02:12,680
Speaker 2: Heather do for Sea Ellen.

47
00:02:14,280 --> 00:02:16,720
Speaker 3: Nineteen ninetwo is the text number, standard text fees apply

48
00:02:16,800 --> 00:02:19,239
Speaker 3: and A Bremen is with us after five o'clock Now,

49
00:02:19,320 --> 00:02:22,239
Speaker 3: Northland's third fatal dog attack in four years is creating

50
00:02:22,400 --> 00:02:25,120
Speaker 3: urgency around the need for animal control. A woman was

51
00:02:25,160 --> 00:02:27,840
Speaker 3: more to death at a home in Kaihu yesterday. Shane

52
00:02:27,919 --> 00:02:30,240
Speaker 3: Jones was on Radio New Zealand this morning saying severe

53
00:02:30,360 --> 00:02:33,120
Speaker 3: jail terms should be considered for owners of dangerous dogs.

54
00:02:33,760 --> 00:02:38,520
Speaker 4: The dogs are lethal, the dogs are homicidal, but what's

55
00:02:38,600 --> 00:02:42,119
Speaker 4: really feral is the character of the owners. If your

56
00:02:42,240 --> 00:02:47,400
Speaker 4: level of negligence is such that someone has died, then sorry,

57
00:02:47,440 --> 00:02:49,000
Speaker 4: you're going to face the consequences.

58
00:02:49,200 --> 00:02:53,359
Speaker 3: MP for Northland Grant Mcallum's with us, helogram get afternoon, Heather,

59
00:02:53,520 --> 00:02:54,320
Speaker 3: Oh what's your plan?

60
00:02:55,440 --> 00:02:56,160
Speaker 5: What's my plan?

61
00:02:56,360 --> 00:02:58,640
Speaker 6: Well, initially I'm going to want to catch up with

62
00:02:58,639 --> 00:03:01,400
Speaker 6: the local councils, the mayors and say to the right team,

63
00:03:01,440 --> 00:03:03,560
Speaker 6: where are we at, what are we doing to We

64
00:03:03,639 --> 00:03:07,040
Speaker 6: have to address this issue in the short term, whether

65
00:03:07,040 --> 00:03:09,079
Speaker 6: it's more enforcement officers or whatever.

66
00:03:09,440 --> 00:03:11,200
Speaker 5: But fundamentally I'm there.

67
00:03:10,960 --> 00:03:14,359
Speaker 6: To actually highlight to say, right, what do we need

68
00:03:14,400 --> 00:03:17,880
Speaker 6: to do to address this issue? Is becoming far too

69
00:03:18,200 --> 00:03:20,880
Speaker 6: common unfortunately in the North and are not in other

70
00:03:20,919 --> 00:03:23,240
Speaker 6: parts of the country as well, and we've got to

71
00:03:23,240 --> 00:03:25,639
Speaker 6: look what the government can do to assist our councils

72
00:03:25,919 --> 00:03:28,680
Speaker 6: in terms of there's any law reform required or regulations

73
00:03:28,760 --> 00:03:32,200
Speaker 6: changes to get outcomes as quite frankly, it's just not

74
00:03:32,320 --> 00:03:35,560
Speaker 6: acceptable and there are some things we can look at doing.

75
00:03:35,840 --> 00:03:37,880
Speaker 3: Is it true that there are people in Ahipater who

76
00:03:37,920 --> 00:03:40,680
Speaker 3: have to arm themselves with sticks to fend off roaming dogs?

77
00:03:41,680 --> 00:03:44,280
Speaker 6: That would I would suspect that's highly like to be

78
00:03:44,320 --> 00:03:47,360
Speaker 6: the case, and that is wrong, and this is why

79
00:03:47,400 --> 00:03:50,680
Speaker 6: we need to actually we need as a community take

80
00:03:50,720 --> 00:03:51,360
Speaker 6: ownership of this.

81
00:03:51,800 --> 00:03:54,320
Speaker 5: Councils need to really get on and.

82
00:03:54,280 --> 00:03:58,520
Speaker 6: Do their job, which is to enforce the regulations as

83
00:03:58,520 --> 00:04:01,400
Speaker 6: they are. But I just think that also we've got

84
00:04:01,400 --> 00:04:02,800
Speaker 6: too many dogs out there and.

85
00:04:02,840 --> 00:04:04,720
Speaker 5: You have to question some of the breeds.

86
00:04:04,720 --> 00:04:07,720
Speaker 6: So the question becomes do we look at a stronger

87
00:04:07,760 --> 00:04:11,480
Speaker 6: desexing policy and going forward and also some of the

88
00:04:11,480 --> 00:04:14,200
Speaker 6: breeds are these dogs? Do we are there some breeds

89
00:04:14,200 --> 00:04:15,160
Speaker 6: that we just don't need it?

90
00:04:15,880 --> 00:04:16,080
Speaker 7: Okay?

91
00:04:16,160 --> 00:04:19,480
Speaker 3: How has it go? What is councils supposed to do

92
00:04:19,520 --> 00:04:21,520
Speaker 3: if you've got roaming dogs in Archipata? What are they

93
00:04:21,560 --> 00:04:22,720
Speaker 3: supposed to do with those dogs?

94
00:04:23,120 --> 00:04:24,920
Speaker 5: They're supposed to pick them up and take them to

95
00:04:24,960 --> 00:04:25,320
Speaker 5: the pound.

96
00:04:25,400 --> 00:04:28,560
Speaker 6: And if that is a good question, and that is

97
00:04:28,600 --> 00:04:31,240
Speaker 6: what I want to discuss with the councils because ultimately,

98
00:04:31,640 --> 00:04:33,880
Speaker 6: this is if it's a resourcing issue. Ultimately there's a

99
00:04:33,960 --> 00:04:36,840
Speaker 6: choice issue that the councils have to make about resourcing up.

100
00:04:37,040 --> 00:04:40,200
Speaker 3: Okay, but here's the other question. Why is it that

101
00:04:40,279 --> 00:04:43,279
Speaker 3: apparently animal control went round to this woman's house because

102
00:04:43,279 --> 00:04:45,479
Speaker 3: they'd been warned about these dogs and the dogs were

103
00:04:45,520 --> 00:04:46,000
Speaker 3: still there.

104
00:04:47,240 --> 00:04:48,239
Speaker 5: Those are very good questions.

105
00:04:48,279 --> 00:04:50,279
Speaker 6: I just gotta be careful in this in this case

106
00:04:50,320 --> 00:04:53,000
Speaker 6: because I understand there is a police investigation, so I

107
00:04:53,080 --> 00:04:55,120
Speaker 6: just want to I think we just just packed that

108
00:04:55,160 --> 00:04:57,600
Speaker 6: to one side at the moment. But in general terms,

109
00:04:57,920 --> 00:05:02,640
Speaker 6: if a dangerous dog are identified, then I would expect

110
00:05:03,000 --> 00:05:06,840
Speaker 6: that the council officers would be doing their job and

111
00:05:07,080 --> 00:05:07,960
Speaker 6: do something about that.

112
00:05:08,200 --> 00:05:10,880
Speaker 5: What we need to look at it.

113
00:05:11,000 --> 00:05:14,200
Speaker 3: Okay, how far are you prepared to take this grant,

114
00:05:14,320 --> 00:05:16,479
Speaker 3: What do you want to happen? Like, let's say you've

115
00:05:16,480 --> 00:05:19,120
Speaker 3: got roaming dogs in ar HIPAA. What should happen to

116
00:05:19,160 --> 00:05:19,720
Speaker 3: those dogs?

117
00:05:20,200 --> 00:05:22,080
Speaker 6: Well, they should be picked they should be picked up

118
00:05:22,120 --> 00:05:23,919
Speaker 6: and taken to the pound. And then if there's a

119
00:05:23,960 --> 00:05:27,839
Speaker 6: point and and ultimately they if they if they're dangerous

120
00:05:27,880 --> 00:05:30,480
Speaker 6: dogs and or no owners coming forward to take them

121
00:05:30,520 --> 00:05:34,200
Speaker 6: own them, because obviously quite often they're not registered, then

122
00:05:34,240 --> 00:05:36,640
Speaker 6: the ultimately they'll be put down. Okay, just that is

123
00:05:36,880 --> 00:05:40,719
Speaker 6: just the life of the unfortunate outcomes. But we can't

124
00:05:40,760 --> 00:05:43,280
Speaker 6: and but ultimately too we need to then look at

125
00:05:43,279 --> 00:05:45,279
Speaker 6: the owners of some of these animals and say, come on,

126
00:05:46,040 --> 00:05:49,320
Speaker 6: this is not good enough. And and people need individuals

127
00:05:49,400 --> 00:05:51,320
Speaker 6: need to be how to account for the way they

128
00:05:51,320 --> 00:05:52,440
Speaker 6: look after these animals.

129
00:05:52,520 --> 00:05:55,919
Speaker 3: Okay, what and what would you like to have? What

130
00:05:55,920 --> 00:05:58,360
Speaker 3: what rules would you like to change so that animal

131
00:05:58,400 --> 00:06:00,560
Speaker 3: can control control can go to a place like this

132
00:06:00,600 --> 00:06:03,039
Speaker 3: woman's house. See a whole bunch of pit bulls that

133
00:06:03,080 --> 00:06:05,239
Speaker 3: are causing problems chasing people up and down the street.

134
00:06:05,320 --> 00:06:07,840
Speaker 3: What should they be able to do in that instance?

135
00:06:08,760 --> 00:06:11,640
Speaker 6: Well, if these I wont talk about the specific case,

136
00:06:11,640 --> 00:06:12,840
Speaker 6: but in terms of general.

137
00:06:13,040 --> 00:06:14,920
Speaker 5: Generally speaking, if you go to a property.

138
00:06:14,640 --> 00:06:17,200
Speaker 6: And there are dangerous dogs and not being looked after

139
00:06:17,240 --> 00:06:19,640
Speaker 6: and being aggressive, then ultimately they need to be able

140
00:06:19,680 --> 00:06:25,320
Speaker 6: to take them, take them into the pound, and ultimately

141
00:06:25,360 --> 00:06:27,400
Speaker 6: if they if the dogs are shown to be dangerous,

142
00:06:27,600 --> 00:06:29,680
Speaker 6: then they should probably be put down because we do

143
00:06:29,720 --> 00:06:32,400
Speaker 6: not need dogs like this in our society, that is

144
00:06:32,440 --> 00:06:36,280
Speaker 6: for sure, because unfortunately, when people got to the point

145
00:06:36,279 --> 00:06:40,000
Speaker 6: where individuals are being are being killed or mamed, it's

146
00:06:40,040 --> 00:06:41,160
Speaker 6: just not acceptable I think.

147
00:06:41,240 --> 00:06:43,520
Speaker 3: I mean, would you agree that whatever happens next, there

148
00:06:43,520 --> 00:06:45,440
Speaker 3: needs to be a tightening up of the rules because

149
00:06:45,560 --> 00:06:47,560
Speaker 3: it is like it seems to me the councils are

150
00:06:47,560 --> 00:06:51,520
Speaker 3: trying their absolute hardest, but they just they haven't got

151
00:06:51,560 --> 00:06:53,480
Speaker 3: the rules on their side. They can't really do what

152
00:06:53,480 --> 00:06:54,040
Speaker 3: they need to do.

153
00:06:54,640 --> 00:06:56,600
Speaker 5: And in some cases that may well be the case.

154
00:06:56,640 --> 00:06:59,000
Speaker 6: So A's why we are very focused as a government

155
00:06:59,040 --> 00:07:01,200
Speaker 6: saying yes and I'm I'm going to certainly put some

156
00:07:01,240 --> 00:07:03,680
Speaker 6: submissions into this to the minister, so we need to

157
00:07:03,680 --> 00:07:05,520
Speaker 6: relook at this and I know he's open to that.

158
00:07:05,960 --> 00:07:08,000
Speaker 6: So what do we need to do to allow the

159
00:07:08,040 --> 00:07:10,280
Speaker 6: counselors to do to take the do they do a

160
00:07:10,280 --> 00:07:13,480
Speaker 6: better job but ultimately it might still come down to

161
00:07:13,560 --> 00:07:16,440
Speaker 6: resourcing for those councils to actually say, right, this is

162
00:07:16,440 --> 00:07:17,920
Speaker 6: a priority, we've got to own it.

163
00:07:18,000 --> 00:07:19,760
Speaker 3: Yeah, good stuff. Hey listen, Grant. Now, by the way,

164
00:07:19,760 --> 00:07:21,760
Speaker 3: where Simon ore Simon's overseas, isn't he?

165
00:07:22,560 --> 00:07:25,760
Speaker 6: Yes, he's over at the he's doing climate change stuff overseas.

166
00:07:25,360 --> 00:07:27,120
Speaker 3: Here though, Oh lord, I bet you'd rather be back

167
00:07:27,120 --> 00:07:29,600
Speaker 3: here dealing with the dogs. Grant, thank you, mate, look

168
00:07:29,600 --> 00:07:32,160
Speaker 3: after yourself. That's Grant McCallum, MP for Northland. Simon is,

169
00:07:32,200 --> 00:07:35,040
Speaker 3: of course Simon Watts, who is the Minister for Local Government.

170
00:07:35,080 --> 00:07:36,920
Speaker 3: Because these rules that need to change at the local

171
00:07:36,960 --> 00:07:40,040
Speaker 3: government level so we can start shooting the dogs basically. Anyway,

172
00:07:40,080 --> 00:07:44,120
Speaker 3: we'll come back to this shortly. Correction I said, I said,

173
00:07:44,120 --> 00:07:45,600
Speaker 3: Shane Jones was talking to Raad in New Zealand. He

174
00:07:45,640 --> 00:07:47,880
Speaker 3: wasn't even talking to the boys earlier, Tyler and Matt,

175
00:07:48,000 --> 00:07:49,280
Speaker 3: and I don't want to get in trouble with them,

176
00:07:49,320 --> 00:07:53,920
Speaker 3: so I had to correct that now. Finally, geez, Honestly,

177
00:07:53,960 --> 00:07:56,000
Speaker 3: if you're a shareholder and Spark, you'll be breathing a

178
00:07:56,040 --> 00:07:58,160
Speaker 3: sigh of relieft on that, a relief after what you

179
00:07:58,200 --> 00:08:02,160
Speaker 3: see have seen today Fine a half decent result from

180
00:08:02,200 --> 00:08:05,960
Speaker 3: spark net. Profit has nearly doubled to sixty four million dollars.

181
00:08:06,000 --> 00:08:09,080
Speaker 3: It's still short of analyst expectations, so it's it's like

182
00:08:09,360 --> 00:08:13,760
Speaker 3: it's good, but you know, and like freightways Spark. Why

183
00:08:13,800 --> 00:08:15,720
Speaker 3: I'm telling you about this is because spark scene is

184
00:08:15,760 --> 00:08:17,960
Speaker 3: a bit of a bell weather of the economy. So

185
00:08:18,000 --> 00:08:19,840
Speaker 3: we're gonna have a chat to the Spark boss later

186
00:08:19,880 --> 00:08:21,960
Speaker 3: on and find out what she reckons is going on

187
00:08:22,040 --> 00:08:24,440
Speaker 3: here with the recovery. She's with us after six. Right now,

188
00:08:24,480 --> 00:08:25,360
Speaker 3: it's quarter past four.

189
00:08:26,920 --> 00:08:30,440
Speaker 1: It's the Heather dupers Allen Drive Full Show podcast on

190
00:08:30,560 --> 00:08:33,319
Speaker 1: iHeartRadio powered my News Talk zeb.

191
00:08:34,280 --> 00:08:36,720
Speaker 3: Heather, the owners threaten the animal control and that's why

192
00:08:36,800 --> 00:08:40,040
Speaker 3: they don't pick the dogs up. Eighteen past four Sport

193
00:08:40,360 --> 00:08:44,199
Speaker 3: with Generate celebrating great performances in Sport and Key we

194
00:08:44,280 --> 00:08:48,360
Speaker 3: Saber at cans Well Darcy. Even though I predicted that

195
00:08:48,800 --> 00:08:51,720
Speaker 3: Matt Winaret would have to go, it is still something

196
00:08:51,720 --> 00:08:53,160
Speaker 3: of a surprise to see him actually do it.

197
00:08:54,320 --> 00:08:56,800
Speaker 8: I love the way he joined me on Sports Thought

198
00:08:56,880 --> 00:08:59,520
Speaker 8: last night. Haven't heard boo from him. Decides to go

199
00:08:59,720 --> 00:09:02,720
Speaker 8: get on the line and the you go the information

200
00:09:02,880 --> 00:09:05,679
Speaker 8: was out there, so I've been good on for doing it,

201
00:09:05,760 --> 00:09:07,720
Speaker 8: but I do feel like there was no way out.

202
00:09:07,760 --> 00:09:10,400
Speaker 8: What I'm what I find amusing him at this whole

203
00:09:10,440 --> 00:09:12,800
Speaker 8: situation is it started off about a year ago, right

204
00:09:13,400 --> 00:09:16,679
Speaker 8: with Noline Tatua getting into a bit of strife, and

205
00:09:16,920 --> 00:09:19,760
Speaker 8: suddenly there were people being stepped down and moved. There

206
00:09:19,800 --> 00:09:22,719
Speaker 8: was no comment, there was nothing going on accusations of

207
00:09:23,320 --> 00:09:26,559
Speaker 8: the board being inadequate, incompetent. So what's happened in the

208
00:09:26,679 --> 00:09:29,680
Speaker 8: wash up? The coach is still there and the CEO

209
00:09:30,120 --> 00:09:32,240
Speaker 8: and the Chair of the board have both gone. Go

210
00:09:32,400 --> 00:09:35,040
Speaker 8: figure it could have been sorted out a lot quicker

211
00:09:35,120 --> 00:09:38,480
Speaker 8: and a lot earlier. Matt said last night that Yannie

212
00:09:38,840 --> 00:09:41,920
Speaker 8: had a couple of regrets. Indeed, he joined the host

213
00:09:42,040 --> 00:09:44,719
Speaker 8: this morning as well to talk about it made the

214
00:09:44,800 --> 00:09:47,200
Speaker 8: right decision. Now it's a matter of aligning the new

215
00:09:47,520 --> 00:09:50,600
Speaker 8: chair of the board and the CEO. And they've got

216
00:09:50,679 --> 00:09:53,840
Speaker 8: Karen Smith who used to be the chair of the

217
00:09:53,840 --> 00:09:58,840
Speaker 8: board for New Zella Netball. She's assisting, she's aiding Netball

218
00:09:58,840 --> 00:10:01,680
Speaker 8: New Zealand in this proces. He has to find the

219
00:10:01,840 --> 00:10:02,760
Speaker 8: next board.

220
00:10:02,480 --> 00:10:02,920
Speaker 5: Who can op.

221
00:10:03,320 --> 00:10:06,000
Speaker 8: She's doing the board appointments well, no, No, she's she's

222
00:10:07,480 --> 00:10:13,000
Speaker 8: not doing the appointments herself, she's assisting the proceeds. She's

223
00:10:13,040 --> 00:10:15,800
Speaker 8: been eleven years on the board, she's a life member.

224
00:10:16,240 --> 00:10:20,000
Speaker 8: She's six years as the chair of the board and

225
00:10:20,080 --> 00:10:23,000
Speaker 8: spent five years as the VP of World Netble. So

226
00:10:23,400 --> 00:10:26,240
Speaker 8: she knows his stuff. So the fact that she's leaning

227
00:10:26,240 --> 00:10:28,240
Speaker 8: in and giving a bit of a hand, I think

228
00:10:28,280 --> 00:10:30,160
Speaker 8: it's good. She loves the game. She can't out myself

229
00:10:30,280 --> 00:10:30,719
Speaker 8: right now.

230
00:10:30,760 --> 00:10:32,840
Speaker 3: The reason he had to go was because and I

231
00:10:32,840 --> 00:10:36,280
Speaker 3: feel bad for Mattenus because the guy's actually very very accomplished,

232
00:10:36,280 --> 00:10:38,080
Speaker 3: you know, to have to be dragged down by Netble

233
00:10:38,120 --> 00:10:40,360
Speaker 3: New Zealand at the last. But he was actually he

234
00:10:40,400 --> 00:10:42,600
Speaker 3: was the one who finally signed off, wasn't he? On

235
00:10:42,640 --> 00:10:44,760
Speaker 3: the way that they handled the Dame Noles situation.

236
00:10:46,160 --> 00:10:49,360
Speaker 8: He signed off on himself. What do you mean, Well,

237
00:10:49,400 --> 00:10:50,559
Speaker 8: how do you mean by signed off?

238
00:10:50,600 --> 00:10:52,120
Speaker 3: So you know when they had that, when they stood

239
00:10:52,160 --> 00:10:55,040
Speaker 3: Dame Noles down and they that was the approach that took.

240
00:10:55,200 --> 00:10:57,000
Speaker 3: It went straight up to ball chair. He was the

241
00:10:57,000 --> 00:10:59,120
Speaker 3: one who went to absolutely go ahead with it, and

242
00:10:59,120 --> 00:10:59,960
Speaker 3: that is why he had to go.

243
00:11:00,200 --> 00:11:03,439
Speaker 8: I suppose when talked last night about the perceived lack

244
00:11:03,480 --> 00:11:06,319
Speaker 8: of communication. A lot of people really didn't know where

245
00:11:06,320 --> 00:11:09,079
Speaker 8: they stood and what was being done. And you talked,

246
00:11:09,320 --> 00:11:12,760
Speaker 8: we can't make too many statements because there's a lot

247
00:11:12,800 --> 00:11:14,800
Speaker 8: of legal process that were going to go through, but

248
00:11:14,840 --> 00:11:17,680
Speaker 8: I say, you have your time again, maybe be a

249
00:11:17,679 --> 00:11:20,840
Speaker 8: little clear, maybe a pair a little more, just to

250
00:11:21,280 --> 00:11:23,240
Speaker 8: comfort people know what's going on.

251
00:11:23,280 --> 00:11:26,199
Speaker 3: That it was probably the biggest balls up in public

252
00:11:26,360 --> 00:11:29,160
Speaker 3: of an eighth har situation, that of an employment situation

253
00:11:29,240 --> 00:11:30,160
Speaker 3: like it was massive.

254
00:11:30,480 --> 00:11:33,120
Speaker 8: Maybe if it's been a differently with Noel Lean at

255
00:11:33,120 --> 00:11:34,559
Speaker 8: the start and going, you know what, we're going to

256
00:11:34,600 --> 00:11:35,800
Speaker 8: talk to everybody at the same time.

257
00:11:35,840 --> 00:11:38,000
Speaker 3: Has Dame Nol's taken that job in Melbourne.

258
00:11:38,280 --> 00:11:41,640
Speaker 8: I don't know what I'm trying to get her on air,

259
00:11:41,679 --> 00:11:43,280
Speaker 8: but you know we'll get there eventually. He's going to

260
00:11:43,400 --> 00:11:45,000
Speaker 8: keep good things come to those who ask.

261
00:11:45,240 --> 00:11:48,160
Speaker 3: I opened the newspapers this morning. I saw Australia's out

262
00:11:48,200 --> 00:11:50,120
Speaker 3: of the T twenty World Cup. I thought Darcy will

263
00:11:50,120 --> 00:11:50,840
Speaker 3: be starked.

264
00:11:50,720 --> 00:11:53,800
Speaker 8: Well, no, I don't wish their long anyone. I just

265
00:11:53,960 --> 00:11:56,080
Speaker 8: I feel the pain after we were knocked out a

266
00:11:56,120 --> 00:11:59,559
Speaker 8: couple of years ago. It's the architects of their own demise.

267
00:12:00,120 --> 00:12:03,200
Speaker 8: When you look at what happened, it was a washed

268
00:12:03,200 --> 00:12:05,920
Speaker 8: out match that eventually triggered it and kicked them out.

269
00:12:06,000 --> 00:12:09,320
Speaker 8: But you get beaten, buzz and babwe, what do you

270
00:12:09,400 --> 00:12:12,760
Speaker 8: expect You start leading it, leaving it in other people's hands.

271
00:12:13,400 --> 00:12:16,160
Speaker 8: Of course, trouble is going to happen. That's just the

272
00:12:16,280 --> 00:12:19,679
Speaker 8: nature of being alive. You involve anyone else in your process,

273
00:12:20,080 --> 00:12:25,239
Speaker 8: chances are it'll fall apart. Control your narrative, control it yourself.

274
00:12:25,640 --> 00:12:28,080
Speaker 8: Are we talking also to how Mark Howard's not on

275
00:12:28,120 --> 00:12:31,000
Speaker 8: the show, how he games? And we're going to look

276
00:12:31,000 --> 00:12:33,440
Speaker 8: to sack some discussion as well, not on the cricket

277
00:12:33,440 --> 00:12:35,160
Speaker 8: but maybe on the netball decision.

278
00:12:35,520 --> 00:12:37,040
Speaker 5: I'm glad it's over, No, my.

279
00:12:37,080 --> 00:12:37,920
Speaker 3: Lord, is it over?

280
00:12:37,960 --> 00:12:38,120
Speaker 9: Though?

281
00:12:38,160 --> 00:12:42,320
Speaker 3: We'll see what happens with done trying to put a

282
00:12:42,320 --> 00:12:44,439
Speaker 3: lit on it. Thank you, Dusky Water grab sports so

283
00:12:44,559 --> 00:12:46,359
Speaker 3: coast you'll be back at seven. It's full twenty.

284
00:12:46,080 --> 00:12:50,400
Speaker 1: Two, the headlines and the hard questions. It's the mic

285
00:12:50,440 --> 00:12:51,240
Speaker 1: asking breakfast.

286
00:12:51,280 --> 00:12:53,360
Speaker 10: So the headline grab around of the infrastructure plan is,

287
00:12:53,400 --> 00:12:55,520
Speaker 10: of course the Auckland Harbor Bridge at nine dollars a pop.

288
00:12:55,600 --> 00:12:57,720
Speaker 10: Outside of that, we look like a poor country with

289
00:12:57,760 --> 00:12:59,440
Speaker 10: a lot of crap stuff that doesn't work well and

290
00:12:59,440 --> 00:13:01,880
Speaker 10: we need to fix that. Chris Bishop is the Infrastructure Minister,

291
00:13:01,960 --> 00:13:04,040
Speaker 10: and if you were down in the dumps about this

292
00:13:04,160 --> 00:13:06,800
Speaker 10: country and you were thinking of leaving for Australia, your

293
00:13:06,840 --> 00:13:08,439
Speaker 10: report doesn't really help anyone, does it.

294
00:13:09,280 --> 00:13:10,960
Speaker 2: Well, it's a great way to start.

295
00:13:11,040 --> 00:13:13,160
Speaker 6: It's like it's a sobering report in the sense that

296
00:13:13,400 --> 00:13:14,800
Speaker 6: we don't really know what we own.

297
00:13:14,880 --> 00:13:16,880
Speaker 5: We don't look after what we own. So you're right.

298
00:13:16,920 --> 00:13:18,679
Speaker 2: On the other hand, there's lots of things in the

299
00:13:18,760 --> 00:13:20,160
Speaker 2: ze infrastructure that are really good.

300
00:13:20,240 --> 00:13:22,959
Speaker 4: The reality is asking people to pay for things is

301
00:13:23,000 --> 00:13:25,959
Speaker 4: difficult and ultimately roads have to be paid.

302
00:13:25,679 --> 00:13:28,800
Speaker 10: For back Tomorrow at six am, the Mic Hosking Breakfast

303
00:13:28,840 --> 00:13:31,199
Speaker 10: with Mayley's Real Estate News Talk ZEDB.

304
00:13:31,760 --> 00:13:34,040
Speaker 2: Digging deeper into the date headlines.

305
00:13:34,240 --> 00:13:38,560
Speaker 1: It's Heather Dupliclan Drive with one New Zealand coverage like

306
00:13:38,679 --> 00:13:40,440
Speaker 1: no one else News Talk ZEDB.

307
00:13:41,120 --> 00:13:42,840
Speaker 3: Right, I've got an update for you on the matt

308
00:13:42,960 --> 00:13:45,880
Speaker 3: Utai situation over in Australia and the drive by shooting

309
00:13:45,920 --> 00:13:48,520
Speaker 3: that got them. There have now been more attacks since

310
00:13:48,840 --> 00:13:51,160
Speaker 3: so it apparently it's been carried out by members of

311
00:13:51,160 --> 00:13:54,840
Speaker 3: the notorious Ala Medine family. The crime family. They have

312
00:13:54,920 --> 00:13:57,520
Speaker 3: shot it. So they've shot at Matt Well, they've caught

313
00:13:57,559 --> 00:14:00,760
Speaker 3: matt Utai drive by shooting. They've shot at a second home,

314
00:14:00,800 --> 00:14:01,840
Speaker 3: and they've burned a third.

315
00:14:02,400 --> 00:14:04,840
Speaker 11: We understand the obviously the forty four year old you mentioned.

316
00:14:07,120 --> 00:14:09,679
Speaker 12: I'd like to announce that RAP the Squad and State

317
00:14:09,720 --> 00:14:14,680
Speaker 12: Crime Command have established Stripe Force hales Owen in relation

318
00:14:14,760 --> 00:14:18,280
Speaker 12: to three events that have occurred in the last two days.

319
00:14:18,679 --> 00:14:22,200
Speaker 12: RAP the Squad believes these three offenses are linked and

320
00:14:22,240 --> 00:14:25,200
Speaker 12: we have established that stripe force to investigate those offenses

321
00:14:25,240 --> 00:14:26,200
Speaker 12: for that reason.

322
00:14:26,160 --> 00:14:28,880
Speaker 3: And it's not random. It seems that matt Utai's son

323
00:14:29,000 --> 00:14:29,880
Speaker 3: is somehow involved.

324
00:14:30,040 --> 00:14:32,160
Speaker 11: We understand the obviously the forty four year old you

325
00:14:32,200 --> 00:14:36,560
Speaker 11: mentioned matte Uk how his son, How central are his

326
00:14:36,760 --> 00:14:38,280
Speaker 11: criminal least to this investigation.

327
00:14:39,240 --> 00:14:43,480
Speaker 12: We believe he's associated with criminal entities and that is

328
00:14:43,520 --> 00:14:45,440
Speaker 12: the reason for the current state of offenses.

329
00:14:46,080 --> 00:14:46,920
Speaker 11: Do you know where he is?

330
00:14:46,920 --> 00:14:48,600
Speaker 5: We currently believe he's offshore.

331
00:14:49,000 --> 00:14:50,000
Speaker 2: The exact location is.

332
00:14:50,040 --> 00:14:50,760
Speaker 13: Unknown to us.

333
00:14:51,520 --> 00:14:54,560
Speaker 3: Offshore. Just saying there's a link back to New Zealand

334
00:14:54,600 --> 00:14:57,520
Speaker 3: here is hoping fingers cross, not us. Now, We're going

335
00:14:57,560 --> 00:14:59,520
Speaker 3: to have check to Dan Mitchison, who's standing by with

336
00:14:59,600 --> 00:15:02,440
Speaker 3: news out of the US very shortly text here Heather,

337
00:15:02,840 --> 00:15:05,160
Speaker 3: the netbor New Zealand board thought that they were bigger

338
00:15:05,200 --> 00:15:10,000
Speaker 3: than Dame noleing TOTOA. Now, I I don't want to

339
00:15:10,080 --> 00:15:11,760
Speaker 3: lay blame within. I mean the whole thing, and we've

340
00:15:11,800 --> 00:15:14,280
Speaker 3: discussed that it's been stuffed up badly, and it was

341
00:15:14,280 --> 00:15:16,600
Speaker 3: stuffed up badly by the CEO, Jenny Wiley, and it

342
00:15:16,600 --> 00:15:18,480
Speaker 3: was stuffed up badly by the board signing off on

343
00:15:18,720 --> 00:15:20,960
Speaker 3: the way that they treated Dame Nolly. But I'll tell

344
00:15:20,960 --> 00:15:22,800
Speaker 3: you who I am looking forward to hearing from at

345
00:15:22,800 --> 00:15:26,440
Speaker 3: some stage in the future is the Players Association, because

346
00:15:26,480 --> 00:15:28,400
Speaker 3: remember the Players Association, of the ones who kicked us

347
00:15:28,400 --> 00:15:31,560
Speaker 3: all off A. The players went went moaning, she's cheating

348
00:15:31,640 --> 00:15:35,080
Speaker 3: us so badly. To the Players Association they started the process.

349
00:15:35,120 --> 00:15:37,840
Speaker 3: And have you heard anything from them at all? Next

350
00:15:37,840 --> 00:15:40,080
Speaker 3: time they pop up, someone's got to ask them a question.

351
00:15:40,280 --> 00:15:44,400
Speaker 3: News is next, you said my.

352
00:15:44,480 --> 00:15:45,680
Speaker 14: Heart from the feeder.

353
00:15:46,920 --> 00:15:53,640
Speaker 1: Oh, the day's newspakers talk to Heather first. Heather Duplicy

354
00:15:53,680 --> 00:15:56,680
Speaker 1: Ellen drive with one New Zealand and the power of

355
00:15:56,800 --> 00:15:58,880
Speaker 1: satellite mobile news talks end be.

356
00:16:02,200 --> 00:16:07,240
Speaker 15: Hated just a little right, I have some good news

357
00:16:07,320 --> 00:16:09,440
Speaker 15: on Fletcher Building if you want of the shareholders, because

358
00:16:09,440 --> 00:16:11,040
Speaker 15: you realize the reason that we're talking about all the

359
00:16:11,040 --> 00:16:13,680
Speaker 15: supporting is we are, of course quite deep into reporting season.

360
00:16:13,720 --> 00:16:16,320
Speaker 3: Now good news for Fletcher Building. It's posted a half

361
00:16:16,440 --> 00:16:19,000
Speaker 3: year operating profit of forty five million dollars, which is

362
00:16:19,040 --> 00:16:22,040
Speaker 3: quite the turnaround given last year we had the operating

363
00:16:22,080 --> 00:16:26,440
Speaker 3: loss of eighty eight million dollars underlying net still an

364
00:16:26,520 --> 00:16:28,800
Speaker 3: underlying net loss eleven million dollars worth a chat to

365
00:16:28,840 --> 00:16:31,880
Speaker 3: the CEO about that after five right now, very superstanding.

366
00:16:31,920 --> 00:16:33,640
Speaker 3: By by the way, he'll be with us on politics

367
00:16:33,640 --> 00:16:35,440
Speaker 3: in ten minutes, and right now it's twenty four away

368
00:16:35,440 --> 00:16:35,840
Speaker 3: from five.

369
00:16:36,400 --> 00:16:39,680
Speaker 1: It's the World Wires on News Talks Eddy Drive.

370
00:16:40,680 --> 00:16:43,440
Speaker 3: Iran says it's reached an understanding with the US over

371
00:16:43,480 --> 00:16:47,120
Speaker 3: its nuclear program after indirect talks in Geneva. The Iranian

372
00:16:47,160 --> 00:16:50,160
Speaker 3: foreign minister says work still needs to be done. Here's

373
00:16:50,240 --> 00:16:51,600
Speaker 3: jd Vance on Fox News.

374
00:16:52,160 --> 00:16:54,280
Speaker 16: You know, in some ways it went well, they agreed

375
00:16:54,280 --> 00:16:56,040
Speaker 16: to meet afterwards. But in other way is it was

376
00:16:56,200 --> 00:16:58,880
Speaker 16: very clear that the President has set some red lines

377
00:16:59,200 --> 00:17:02,960
Speaker 16: that the Iranian are not yet willing to actually acknowledge,

378
00:17:03,280 --> 00:17:04,240
Speaker 16: and work through.

379
00:17:04,600 --> 00:17:07,199
Speaker 3: Ukraine has started funding the freeze and the storage of

380
00:17:07,200 --> 00:17:09,560
Speaker 3: its soldiers sperm and eggs. Now this comes as the

381
00:17:09,600 --> 00:17:13,359
Speaker 3: country faces demographic catastrophe. Ukraine will also meet with the

382
00:17:13,440 --> 00:17:15,840
Speaker 3: US and Geneva for further talks. Trump wants things to

383
00:17:15,840 --> 00:17:16,480
Speaker 3: happen quickly.

384
00:17:17,000 --> 00:17:20,440
Speaker 1: It's going to be a very easy I means looked

385
00:17:20,520 --> 00:17:21,000
Speaker 1: so far.

386
00:17:21,920 --> 00:17:22,320
Speaker 2: Ukraine.

387
00:17:22,320 --> 00:17:25,080
Speaker 13: Better come to the table fast, That's all I'm telling you.

388
00:17:25,720 --> 00:17:30,719
Speaker 3: And finally, do it, Just do it. That scher Leboff

389
00:17:30,840 --> 00:17:34,040
Speaker 3: who has let loose at Mardi Grass celebrations in New Orleans.

390
00:17:34,480 --> 00:17:37,240
Speaker 3: The Transformers actor was arrested after reports that he was

391
00:17:37,359 --> 00:17:40,960
Speaker 3: terrorizing the city. That's a direct quote, terrorizing the city

392
00:17:41,320 --> 00:17:44,320
Speaker 3: and in an inebriated state because he had been sober

393
00:17:44,320 --> 00:17:47,040
Speaker 3: for years but clearly isn't anymore. He apparently pulled the

394
00:17:47,040 --> 00:17:49,400
Speaker 3: classic do you know who I am? When he showed

395
00:17:49,480 --> 00:17:52,639
Speaker 3: up to a vow without a shirt or cash.

396
00:17:52,920 --> 00:17:56,840
Speaker 1: International correspondence with ends and eye insurance, Peace of mind

397
00:17:56,880 --> 00:17:57,919
Speaker 1: for New Zealand business.

398
00:17:58,840 --> 00:18:02,440
Speaker 3: Dan Mitchinson, our US correspondent is with us. Hello Dan, Hi,

399
00:18:02,880 --> 00:18:06,680
Speaker 3: Hi Heather. So I imagine plenty of tributes for GC Jackson.

400
00:18:07,640 --> 00:18:11,120
Speaker 14: Yes, even from President Trump, who came out and called

401
00:18:11,160 --> 00:18:13,360
Speaker 14: him a force of nature like a few other before him.

402
00:18:13,359 --> 00:18:16,160
Speaker 14: And of course you have former President Barack Obama who

403
00:18:16,520 --> 00:18:19,320
Speaker 14: described him as a true gent And I mean, this

404
00:18:20,560 --> 00:18:24,679
Speaker 14: guy was a very big figure in activism here in

405
00:18:24,720 --> 00:18:27,760
Speaker 14: the US and around the world. He made some high

406
00:18:27,760 --> 00:18:31,560
Speaker 14: profile international mediation efforts. He ran for president twice in

407
00:18:31,600 --> 00:18:34,840
Speaker 14: eighty four and eighty eight. And there was also controversy

408
00:18:34,880 --> 00:18:39,200
Speaker 14: around him his association with those Farakahn. He had scrutiny

409
00:18:39,240 --> 00:18:42,760
Speaker 14: for an extra marital affair. There was financial mismanagement of

410
00:18:42,760 --> 00:18:45,439
Speaker 14: his organization too, But he was still a force to

411
00:18:45,440 --> 00:18:47,240
Speaker 14: be reckoned with within the Democratic Party.

412
00:18:47,760 --> 00:18:49,560
Speaker 3: So what is it that did he have Alzheimer's?

413
00:18:49,600 --> 00:18:49,800
Speaker 4: Did he?

414
00:18:52,040 --> 00:18:54,520
Speaker 14: Yes, he had been suffering from a neurological disease four

415
00:18:55,440 --> 00:18:57,919
Speaker 14: for some time right now. He came out without a

416
00:18:57,920 --> 00:19:02,160
Speaker 14: few years back and just had not been doing very

417
00:19:02,200 --> 00:19:04,120
Speaker 14: well and kind of kept out of the limelight. I mean,

418
00:19:04,119 --> 00:19:05,880
Speaker 14: his family sort of kept the public up to date

419
00:19:05,880 --> 00:19:10,639
Speaker 14: from time to time. But yeah, it was just it

420
00:19:10,680 --> 00:19:13,680
Speaker 14: was just a neurological issue that had sort of taken

421
00:19:13,760 --> 00:19:14,280
Speaker 14: him in the end.

422
00:19:14,680 --> 00:19:17,040
Speaker 3: Okay, now what have we got from the Iran talks?

423
00:19:18,280 --> 00:19:20,840
Speaker 2: Well, like you were saying on the on the world wires.

424
00:19:21,080 --> 00:19:25,040
Speaker 14: I think Iran's foreign minister is adopting a little bit

425
00:19:25,040 --> 00:19:27,440
Speaker 14: of a different tone. I think there is a little

426
00:19:27,440 --> 00:19:31,159
Speaker 14: optimism about the talks. He's saying that a new window

427
00:19:31,200 --> 00:19:33,480
Speaker 14: is open. I think jd Vance thinks that there's still

428
00:19:33,520 --> 00:19:36,320
Speaker 14: a lot more work to go. And of course the

429
00:19:36,320 --> 00:19:39,119
Speaker 14: President scrapped an earlier agreement during his first term with Iran,

430
00:19:39,200 --> 00:19:42,520
Speaker 14: and now he's continuing to threaten to use force to say, hey,

431
00:19:42,880 --> 00:19:45,359
Speaker 14: you got to agree to this, this plan, you have

432
00:19:45,440 --> 00:19:48,919
Speaker 14: to constrain your nuclear program. Iran says, well, okay, you

433
00:19:49,000 --> 00:19:50,760
Speaker 14: keep pushing us, We're going to push back with an.

434
00:19:50,640 --> 00:19:51,480
Speaker 2: Attack of our own.

435
00:19:52,480 --> 00:19:54,880
Speaker 14: So it's it's really sort of up in the air,

436
00:19:54,920 --> 00:19:57,480
Speaker 14: I still think at this moment. And then Iran announced

437
00:19:57,480 --> 00:20:00,560
Speaker 14: earlier today that they're they're closing the straight of or

438
00:20:00,560 --> 00:20:03,320
Speaker 14: moves for live fire drills. I think they're saying, but

439
00:20:03,480 --> 00:20:04,919
Speaker 14: you know what you have to think about here is

440
00:20:04,920 --> 00:20:07,600
Speaker 14: twenty percent of the world's oil passes through this area.

441
00:20:07,680 --> 00:20:08,200
Speaker 2: That's a lot.

442
00:20:08,359 --> 00:20:11,439
Speaker 14: So there's a lot of people saying, well, you need

443
00:20:11,480 --> 00:20:13,520
Speaker 14: that back open, and I think they're a little on

444
00:20:13,680 --> 00:20:14,199
Speaker 14: edge about that.

445
00:20:14,280 --> 00:20:16,760
Speaker 3: Now, are we actually expecting anything from the Ukraine talks?

446
00:20:17,960 --> 00:20:19,920
Speaker 14: I don't know, honestly, I think we're going to get

447
00:20:19,920 --> 00:20:21,720
Speaker 14: something out of that. It'd be nice. I know Donald

448
00:20:21,760 --> 00:20:24,520
Speaker 14: Trump would certainly like something like that. I know Ukraine

449
00:20:24,560 --> 00:20:27,720
Speaker 14: would certainly like something as we're approaching the anniversary of

450
00:20:28,560 --> 00:20:32,200
Speaker 14: that war. But it still feels like there's a lot

451
00:20:32,280 --> 00:20:35,080
Speaker 14: to work out behind the scenes, despite what they're saying

452
00:20:35,119 --> 00:20:36,400
Speaker 14: to the press.

453
00:20:36,880 --> 00:20:41,639
Speaker 3: Yeah, certainly does. Okay, I'm guessing that a sleep sleep

454
00:20:41,720 --> 00:20:44,320
Speaker 3: cation is a thing that you do when you've been

455
00:20:44,359 --> 00:20:46,800
Speaker 3: working your butt off all yet you stop working. You

456
00:20:46,880 --> 00:20:48,840
Speaker 3: just sleep to catch up on it. Is that about it?

457
00:20:49,680 --> 00:20:51,960
Speaker 14: That is my kind of vacation. Yes, I mean, you

458
00:20:51,960 --> 00:20:53,560
Speaker 14: don't want to hike, you don't want to go to

459
00:20:53,600 --> 00:20:56,680
Speaker 14: the beach. People are paying thousands of dollars to fly

460
00:20:56,720 --> 00:20:58,480
Speaker 14: across the country here in the US. They check into

461
00:20:58,480 --> 00:21:01,119
Speaker 14: these high end hotels and they just sleep. And the

462
00:21:01,160 --> 00:21:03,199
Speaker 14: Wall Street Journal is saying that these luxury hotels are

463
00:21:03,240 --> 00:21:07,080
Speaker 14: now offering sleep suites that are equipped with AI powered

464
00:21:07,080 --> 00:21:11,440
Speaker 14: beds and soundproofing, and some of these rooms can cost

465
00:21:11,600 --> 00:21:14,720
Speaker 14: something like a thousand dollars a night. I mean, think

466
00:21:14,720 --> 00:21:18,000
Speaker 14: about that, You're paying a mortgage payment to stay in

467
00:21:18,080 --> 00:21:20,040
Speaker 14: a hotel room where the goal is to keep your

468
00:21:20,040 --> 00:21:22,800
Speaker 14: eyes closed so you don't even you know, see.

469
00:21:22,640 --> 00:21:24,680
Speaker 3: What how much sleeping are these people doing?

470
00:21:26,040 --> 00:21:28,480
Speaker 14: I think it's just I think it's a burnout factor.

471
00:21:28,520 --> 00:21:30,280
Speaker 14: I think a lot of people are going to do that.

472
00:21:30,320 --> 00:21:32,439
Speaker 14: And you're probably rolling your eyes right now. And I

473
00:21:32,440 --> 00:21:34,560
Speaker 14: think we all do a little bit. But and there

474
00:21:34,600 --> 00:21:36,879
Speaker 14: is there are there are skeptics out there because this

475
00:21:36,920 --> 00:21:38,720
Speaker 14: is a band aid, right, This is not a cure

476
00:21:38,880 --> 00:21:41,000
Speaker 14: if you're that exhausted that you need to spend three

477
00:21:41,080 --> 00:21:44,000
Speaker 14: days in a dark room in another time zone just

478
00:21:44,040 --> 00:21:46,919
Speaker 14: to feel human, just to catch up on your sleep.

479
00:21:47,520 --> 00:21:49,359
Speaker 14: Like they're saying, you don't have a travel problem, you

480
00:21:49,400 --> 00:21:50,080
Speaker 14: have a lifestyle.

481
00:21:51,960 --> 00:21:54,280
Speaker 3: There are so many questions that I have after talking

482
00:21:54,280 --> 00:21:56,080
Speaker 3: to you about this, Dan, thank you very much. Right

483
00:21:56,119 --> 00:21:59,359
Speaker 3: look after yourself, Dan Mitchinson, US correspondent. Why wouldn't you

484
00:21:59,400 --> 00:22:01,280
Speaker 3: just I mean, like, I get that you might need

485
00:22:01,280 --> 00:22:03,399
Speaker 3: to get out of your house. If you've got kids,

486
00:22:03,680 --> 00:22:05,800
Speaker 3: maybe go catch up on sleep for a weekend. Weird,

487
00:22:05,840 --> 00:22:07,920
Speaker 3: but like whatever, you want to catch up on sleep

488
00:22:07,960 --> 00:22:09,399
Speaker 3: for a weekend, but surely you just do it in

489
00:22:09,400 --> 00:22:11,800
Speaker 3: your own city rather than flying somewhere else. Because if

490
00:22:11,800 --> 00:22:13,560
Speaker 3: you're going to take yourself somewhere else. It doesn't matter

491
00:22:13,600 --> 00:22:15,560
Speaker 3: if it's in another city or your own city. If

492
00:22:15,560 --> 00:22:17,880
Speaker 3: you're just going to sleep eighteen away from five.

493
00:22:18,119 --> 00:22:19,680
Speaker 2: Heather do for see Allen.

494
00:22:20,080 --> 00:22:23,320
Speaker 3: Zah, Hey, I have very exciting news for you. I

495
00:22:23,359 --> 00:22:26,720
Speaker 3: am I am. You know that I'm into the concerts

496
00:22:26,760 --> 00:22:29,800
Speaker 3: and I am genuinely fizzing for the Food Fighters being

497
00:22:29,840 --> 00:22:32,240
Speaker 3: announced today they're coming to New Zealand next year. And

498
00:22:32,280 --> 00:22:34,240
Speaker 3: I say, this is somebody who's seen the Food Fighters.

499
00:22:34,720 --> 00:22:36,439
Speaker 3: So if you haven't seen the Food Fighters, what are

500
00:22:36,480 --> 00:22:37,960
Speaker 3: you doing with your life? Because they've been here a

501
00:22:37,960 --> 00:22:39,720
Speaker 3: thousand times and you still want to go back and

502
00:22:39,720 --> 00:22:41,480
Speaker 3: see them. They are a great show. Anyway. They're going

503
00:22:41,560 --> 00:22:44,760
Speaker 3: to play the new christ Church Stadium January nineteen next year.

504
00:22:45,440 --> 00:22:48,359
Speaker 3: Then they're going to play Western Springs the twenty second

505
00:22:48,359 --> 00:22:51,240
Speaker 3: to jan Now, I mean we need to have a

506
00:22:51,280 --> 00:22:54,120
Speaker 3: conversation about why you're going to Western Springs over Eden

507
00:22:54,200 --> 00:22:56,679
Speaker 3: Park because that's a bit weird, isn't it. Like surely

508
00:22:57,000 --> 00:22:59,120
Speaker 3: the guys in the office were telling me Western Springs

509
00:22:59,119 --> 00:23:02,000
Speaker 3: capacity is properly they estimate about thirty five thousand at

510
00:23:02,000 --> 00:23:04,919
Speaker 3: the moment, whereas I think isn't Eden Park's capacity like

511
00:23:04,920 --> 00:23:07,879
Speaker 3: fifty to fifty five thousand. So surely if you're going

512
00:23:07,880 --> 00:23:09,720
Speaker 3: to try to get an absolute bang for your buck

513
00:23:09,760 --> 00:23:12,080
Speaker 3: that you can from one concert, if you're the Food Fighters,

514
00:23:12,320 --> 00:23:15,760
Speaker 3: you're going there. But anyway, whatever, different very different band,

515
00:23:16,000 --> 00:23:17,919
Speaker 3: very different band from last time they were here. Of

516
00:23:17,920 --> 00:23:20,600
Speaker 3: course we have to remember because Taylor Hawkins has died

517
00:23:20,640 --> 00:23:24,840
Speaker 3: the drummer and Dave Grohl is now a dirty cheeterh

518
00:23:25,040 --> 00:23:28,000
Speaker 3: So you're going to the Food Fighters like you don't

519
00:23:28,040 --> 00:23:29,800
Speaker 3: love them the same way that you did before. Like

520
00:23:29,880 --> 00:23:32,680
Speaker 3: it's definitely there's going to be some angst in watching them,

521
00:23:32,720 --> 00:23:34,040
Speaker 3: isn't it. You're gonna go along, you're gonna have a

522
00:23:34,080 --> 00:23:36,120
Speaker 3: good time, but you are going to be like you dirty,

523
00:23:36,760 --> 00:23:40,159
Speaker 3: you let us down, Dave, you let us down. Anyway,

524
00:23:40,200 --> 00:23:42,639
Speaker 3: we still have to go. But what this is is

525
00:23:42,840 --> 00:23:45,160
Speaker 3: something of a coup for Takaha, isn't it? The christ

526
00:23:45,240 --> 00:23:48,040
Speaker 3: Church Stadium They are cutting the lunch of the full

527
00:23:48,080 --> 00:23:50,520
Speaker 3: siinth bar Stadium in Dunedin because they've got this. They've

528
00:23:50,520 --> 00:23:52,359
Speaker 3: got the super Rugby, they've got the symphony with the

529
00:23:52,359 --> 00:23:54,000
Speaker 3: six sixties. We have a chat to them about that

530
00:23:54,040 --> 00:23:56,240
Speaker 3: in half an hour seventeen away from five.

531
00:23:56,400 --> 00:23:59,760
Speaker 1: For politics, with centrics credit, check your customers and get payments.

532
00:24:00,480 --> 00:24:02,760
Speaker 3: A new Reserve Bank governor and a Bremen. Bremen is

533
00:24:02,760 --> 00:24:04,920
Speaker 3: with us after five o'clock. Right now, it's fourteen away

534
00:24:04,920 --> 00:24:07,920
Speaker 3: from five and Barry Sofa, senior political correspondence here High Barry,

535
00:24:08,000 --> 00:24:10,800
Speaker 3: Good afternoon, Heaven. It's quite noisy in the debating chamber.

536
00:24:10,560 --> 00:24:11,520
Speaker 5: Was it well?

537
00:24:11,600 --> 00:24:15,280
Speaker 13: I think we can expect a lot more of this

538
00:24:15,280 --> 00:24:18,000
Speaker 13: this year, being election year. And it was a point

539
00:24:18,000 --> 00:24:20,680
Speaker 13: that was made as you'll hear from the audio by

540
00:24:20,800 --> 00:24:24,080
Speaker 13: Jerry Browne at the end. But the economy in the

541
00:24:24,119 --> 00:24:28,000
Speaker 13: cost of living is locked in to be to being

542
00:24:28,080 --> 00:24:31,439
Speaker 13: the width that labor uses to lash the government with.

543
00:24:31,600 --> 00:24:34,680
Speaker 13: But the Prime Minister was having none of it. Today.

544
00:24:35,080 --> 00:24:37,880
Speaker 13: Here are the two chrises going for it this afternoon.

545
00:24:38,200 --> 00:24:41,760
Speaker 17: The economic vandalism of the last mob who didn't understand

546
00:24:41,760 --> 00:24:45,040
Speaker 17: the economy at all. You ran this country into it

547
00:24:45,240 --> 00:24:49,040
Speaker 17: whole economically. You've got no economic credibility. Look at that

548
00:24:49,080 --> 00:24:51,359
Speaker 17: front bench. I wouldn't employ any of them in a

549
00:24:51,400 --> 00:24:52,720
Speaker 17: lower middle management job.

550
00:24:57,880 --> 00:25:01,080
Speaker 18: If he didn't intend to lower gross prices when he

551
00:25:01,160 --> 00:25:04,560
Speaker 18: became Prime minister, why did both he and Nikola Willis

552
00:25:04,720 --> 00:25:09,119
Speaker 18: advertise across the country that they intended to lower grocery

553
00:25:09,119 --> 00:25:11,200
Speaker 18: prices for New Zealanders.

554
00:25:11,440 --> 00:25:13,560
Speaker 17: I don't know why you bother coming to this house

555
00:25:13,680 --> 00:25:16,560
Speaker 17: every day to ask me questions on the economy.

556
00:25:16,880 --> 00:25:18,680
Speaker 3: You are the guy that took the keys to the car.

557
00:25:18,840 --> 00:25:22,200
Speaker 17: You crashed it in an almighty ditch. You stuffed the economy,

558
00:25:22,240 --> 00:25:23,360
Speaker 17: and we're fixing it up.

559
00:25:23,440 --> 00:25:23,840
Speaker 5: We had a.

560
00:25:23,760 --> 00:25:26,359
Speaker 7: Perfect demonstration for anyone watching this stuff to know that

561
00:25:26,440 --> 00:25:31,600
Speaker 7: it is election here and tensions and arguments tend to heighten,

562
00:25:31,760 --> 00:25:33,800
Speaker 7: but behavior should not detere out.

563
00:25:35,119 --> 00:25:38,000
Speaker 3: How well I think he's wish it from the Prime Minister.

564
00:25:38,640 --> 00:25:43,320
Speaker 13: Yes, well, yes, he's certainly fired up. And because certainly

565
00:25:44,000 --> 00:25:47,359
Speaker 13: Chris Hopkins has been banging on about this, the cost

566
00:25:47,400 --> 00:25:50,640
Speaker 13: of living, the cost of groceries, and you know it'll

567
00:25:50,760 --> 00:25:52,840
Speaker 13: run out of steam, there's no doubt about it. But

568
00:25:53,440 --> 00:25:55,600
Speaker 13: obviously it's fueling the Prime Minister.

569
00:25:55,800 --> 00:25:58,960
Speaker 3: Yeah, good, okay, Well listen, I'm fascinated by this. Is

570
00:25:59,680 --> 00:26:03,800
Speaker 3: this referend in that New Zealand first once a binding referendum.

571
00:26:03,280 --> 00:26:07,680
Speaker 13: It's a binding referendum. They've got a bill ready to go.

572
00:26:07,880 --> 00:26:11,360
Speaker 13: So Winston is saying there's no point in waiting for this.

573
00:26:12,200 --> 00:26:16,080
Speaker 13: You know, the party's are big parties. He clearly wants

574
00:26:16,119 --> 00:26:19,359
Speaker 13: their support. Unfortunately for Winston this will go into the

575
00:26:19,359 --> 00:26:22,719
Speaker 13: biscuit and it may well be drawn before the election.

576
00:26:23,000 --> 00:26:26,840
Speaker 13: But the difficulty is going to get to get them

577
00:26:26,840 --> 00:26:33,159
Speaker 13: on board. It penalizes Labor getting rid of the Maldi

578
00:26:33,240 --> 00:26:37,359
Speaker 13: seats because traditionally they've always gone to Labor. They're not

579
00:26:37,400 --> 00:26:40,760
Speaker 13: there at the moment, but they've always been a sure

580
00:26:41,359 --> 00:26:43,200
Speaker 13: six to seven seats to.

581
00:26:43,200 --> 00:26:45,560
Speaker 3: The Labor purchase still comes out of their list position.

582
00:26:45,880 --> 00:26:49,560
Speaker 13: Well, yes it does, but it's a constituency position, so

583
00:26:49,640 --> 00:26:52,800
Speaker 13: it's and there's still you know, there's list votes there

584
00:26:52,840 --> 00:26:56,280
Speaker 13: as well, so you know, I think the disadvantage to

585
00:26:56,359 --> 00:26:59,880
Speaker 13: Labor is greater than it is the National But Winston

586
00:27:00,040 --> 00:27:04,760
Speaker 13: Peters was on his feet in Parliament this afternoon decrying

587
00:27:04,800 --> 00:27:07,960
Speaker 13: the Maldi seats, urging his colleagues to show courage and

588
00:27:08,080 --> 00:27:12,800
Speaker 13: vote with his bill and test the public on the

589
00:27:12,840 --> 00:27:14,040
Speaker 13: topic later this year.

590
00:27:14,480 --> 00:27:18,800
Speaker 19: They want a separate parliament, separate laws, separate land. They

591
00:27:18,800 --> 00:27:20,439
Speaker 19: hold the majority of the Mara seats and do not

592
00:27:20,480 --> 00:27:24,280
Speaker 19: turn up to Parliament, disregard the rules and processes, and

593
00:27:24,320 --> 00:27:27,240
Speaker 19: shall understand for the system that gives them the seats.

594
00:27:27,240 --> 00:27:27,720
Speaker 2: They hold.

595
00:27:28,320 --> 00:27:32,160
Speaker 19: They represent no one. They have proven the seats they

596
00:27:32,200 --> 00:27:35,360
Speaker 19: hold are no longer relevant nor serve their original purpose.

597
00:27:35,800 --> 00:27:38,359
Speaker 19: With the current Mari seattholders showing how much of a

598
00:27:38,400 --> 00:27:40,880
Speaker 19: mess they are in, it's proven that the time has

599
00:27:40,920 --> 00:27:43,760
Speaker 19: come for the public to decide if they are effect

600
00:27:43,840 --> 00:27:47,560
Speaker 19: development and if they are needed. The fact as we

601
00:27:47,680 --> 00:27:51,359
Speaker 19: currently have a record number of Mari in Parliament and

602
00:27:51,400 --> 00:27:54,359
Speaker 19: in cabinet and here comes this new breed know nothing

603
00:27:54,400 --> 00:27:57,000
Speaker 19: about the MraY world. They are not for the Mara people.

604
00:27:57,440 --> 00:27:59,520
Speaker 19: They are not for the people of this country. They

605
00:27:59,560 --> 00:28:03,640
Speaker 19: are for eforism and division and they stream racism. They

606
00:28:03,720 --> 00:28:06,520
Speaker 19: stream racism. It is their policy. Oh and just to

607
00:28:06,600 --> 00:28:09,399
Speaker 19: make sure that's not glad enough, they're communists as well,

608
00:28:09,520 --> 00:28:10,280
Speaker 19: thank you very much.

609
00:28:12,040 --> 00:28:15,560
Speaker 13: So sort of digging the old forward and then twisting

610
00:28:15,600 --> 00:28:18,919
Speaker 13: it at the end. There but one person who was

611
00:28:19,040 --> 00:28:24,560
Speaker 13: there today from the Maldi party was the co leader

612
00:28:24,680 --> 00:28:29,119
Speaker 13: Rivalry Waiter team, who was rather confident about the role

613
00:28:29,600 --> 00:28:33,400
Speaker 13: his party will have after this year's election in November.

614
00:28:33,920 --> 00:28:37,200
Speaker 20: The Maori seats are in one of the most powerful

615
00:28:37,280 --> 00:28:40,440
Speaker 20: positions it has ever been. It has ever been, and

616
00:28:40,480 --> 00:28:43,400
Speaker 20: that frightens people like Winston Peters in New Zealand Fish

617
00:28:43,640 --> 00:28:46,720
Speaker 20: Mary stured so fast in the last five years to

618
00:28:46,720 --> 00:28:50,080
Speaker 20: give the power that they had and to realize the

619
00:28:50,120 --> 00:28:53,280
Speaker 20: power that we have in regards to determining who the

620
00:28:53,360 --> 00:28:56,200
Speaker 20: next prime ministers come November the seventh.

621
00:28:56,320 --> 00:28:58,360
Speaker 2: That's just the reality. So my fingu is to this

622
00:28:58,440 --> 00:29:00,120
Speaker 2: house national.

623
00:29:00,160 --> 00:29:03,360
Speaker 20: Rule it out, labor rule it out, and let's get

624
00:29:03,360 --> 00:29:06,720
Speaker 20: this rubbish out of this house and ensure that the

625
00:29:06,800 --> 00:29:09,080
Speaker 20: rights of TeV Maori under tutility.

626
00:29:08,680 --> 00:29:10,200
Speaker 5: Await tonguy are in trench.

627
00:29:12,280 --> 00:29:16,600
Speaker 13: Well, I think you know he's probably done the case

628
00:29:17,560 --> 00:29:20,160
Speaker 13: or strengthen the case for getting rid of the Mari seats.

629
00:29:20,160 --> 00:29:22,400
Speaker 13: I mean, you'll have to look at their party at

630
00:29:22,400 --> 00:29:24,720
Speaker 13: the moment to see how ineffective it has been.

631
00:29:25,160 --> 00:29:27,280
Speaker 3: Totally with you, all right, official cash right to state

632
00:29:27,320 --> 00:29:27,720
Speaker 3: where it is.

633
00:29:27,960 --> 00:29:31,000
Speaker 13: Yes, it's interesting, isn't it? Two point twenty five percent?

634
00:29:32,360 --> 00:29:35,120
Speaker 13: You know the inflation rate is now what the last

635
00:29:35,240 --> 00:29:38,800
Speaker 13: figure was three point one percent. Now that's just outside

636
00:29:38,840 --> 00:29:42,680
Speaker 13: the Reserve Bank's margin the target that they aim for.

637
00:29:42,760 --> 00:29:46,960
Speaker 13: And the new governor says that she will be laser

638
00:29:47,040 --> 00:29:50,880
Speaker 13: focused on inflation. So that's why they've left it where

639
00:29:50,920 --> 00:29:54,000
Speaker 13: it is to see what happens. But they are expecting

640
00:29:54,400 --> 00:29:56,640
Speaker 13: things to get better, which is positive. And I know

641
00:29:56,680 --> 00:29:59,560
Speaker 13: you're talking to her shortly that you know she's done.

642
00:29:59,600 --> 00:30:00,760
Speaker 13: I think the right thing today.

643
00:30:00,960 --> 00:30:03,720
Speaker 3: Brilliant Barry, thanks very much, appreciate it's very sober, Senior

644
00:30:03,760 --> 00:30:08,160
Speaker 3: political correspondent, eight to away from five. Here the Kurdos

645
00:30:08,200 --> 00:30:09,880
Speaker 3: to Winston for telling it like it is. He's the

646
00:30:09,880 --> 00:30:14,680
Speaker 3: only one with the Kernis to do it. Well, yeah,

647
00:30:14,800 --> 00:30:17,000
Speaker 3: okay maybe, but that's all he did. He just told

648
00:30:17,000 --> 00:30:19,040
Speaker 3: it like he is. He's not actually doing anything about it.

649
00:30:19,080 --> 00:30:20,880
Speaker 3: What did I say to you the other day. Unless

650
00:30:20,920 --> 00:30:23,200
Speaker 3: it's a bottom line from these guys at the moment,

651
00:30:23,280 --> 00:30:25,840
Speaker 3: don't count it as something that's necessarily going to happen,

652
00:30:26,000 --> 00:30:27,959
Speaker 3: because a whole bunch of stuff that they campaigned on

653
00:30:27,960 --> 00:30:30,800
Speaker 3: in twenty three hasn't happened. And so unless they say

654
00:30:30,840 --> 00:30:33,240
Speaker 3: it is definitely going to happen and they're not going

655
00:30:33,280 --> 00:30:35,920
Speaker 3: into coalition unless it happens, I would say you should

656
00:30:35,960 --> 00:30:38,000
Speaker 3: treat it with They're like, maybe it will happen, maybe

657
00:30:38,000 --> 00:30:40,800
Speaker 3: it won't. It'll depend on what when he's feeling like

658
00:30:40,880 --> 00:30:43,400
Speaker 3: on the day. Five away from five. Not to say

659
00:30:43,400 --> 00:30:45,840
Speaker 3: it's a bad idea. I think it's a great idea.

660
00:30:45,880 --> 00:30:47,880
Speaker 3: I think it's time that these seats get scrapped. Actually,

661
00:30:48,560 --> 00:30:51,400
Speaker 3: now Mount Vactannel and Wellington, there was a little bit

662
00:30:51,440 --> 00:30:54,120
Speaker 3: of whooh about this. People got a bit wooh freaked

663
00:30:54,120 --> 00:30:56,480
Speaker 3: out about the old Mount Victunel and Wellington today because

664
00:30:56,520 --> 00:30:59,320
Speaker 3: Chris Biship made some comments earlier today suggesting he might

665
00:30:59,360 --> 00:31:03,040
Speaker 3: be rethinking the tunnel, and because of what came out

666
00:31:03,080 --> 00:31:06,320
Speaker 3: from the Infrastructure Commission yesterday saying maybe don't build all

667
00:31:06,320 --> 00:31:08,120
Speaker 3: the roads and don't do all the roading projects and

668
00:31:08,120 --> 00:31:10,760
Speaker 3: maybe instead rely on some congestion charging because that will

669
00:31:10,800 --> 00:31:13,360
Speaker 3: fix some of the traffic problems by basically getting people

670
00:31:13,360 --> 00:31:16,080
Speaker 3: off the roads. And so bish was asked about it

671
00:31:16,120 --> 00:31:18,520
Speaker 3: and he suggested, yeah, he's gonna think about what the

672
00:31:18,520 --> 00:31:20,600
Speaker 3: congestion charging may do and how it will impact the

673
00:31:20,680 --> 00:31:23,240
Speaker 3: mountfac Tunnel. And of course we all looked at that

674
00:31:23,280 --> 00:31:25,640
Speaker 3: and went, oh, dear God, they're canceling the tunnel, which

675
00:31:25,680 --> 00:31:29,400
Speaker 3: would be a surprise because they campaigned on it. Frankly,

676
00:31:29,440 --> 00:31:32,640
Speaker 3: have you seen Wellington and how badly it needs the tunnel.

677
00:31:32,680 --> 00:31:35,320
Speaker 3: But also I thought they'd basically started doing the work anyway,

678
00:31:35,760 --> 00:31:38,240
Speaker 3: Finance ministers already come out and said don't worry about it.

679
00:31:38,240 --> 00:31:40,720
Speaker 3: It's going to happen. It's all go on it. So

680
00:31:40,760 --> 00:31:43,840
Speaker 3: if you were just for one little hot minute freaking

681
00:31:43,880 --> 00:31:47,120
Speaker 3: out about it, it sounds like you can calm down on

682
00:31:47,160 --> 00:31:50,440
Speaker 3: the rugby. Apparently you need to circle the second week

683
00:31:50,480 --> 00:31:54,240
Speaker 3: of March, so round about three weeks a month from now,

684
00:31:54,560 --> 00:31:56,840
Speaker 3: that apparently is when the announcement of the new head

685
00:31:56,880 --> 00:31:58,760
Speaker 3: coach for the All Blacks is going to be made.

686
00:31:59,200 --> 00:32:02,120
Speaker 3: And if you aren't of a Jamie Joseph Dave Rennie

687
00:32:02,200 --> 00:32:04,880
Speaker 3: super team to coach the All Blacks, you basically need

688
00:32:04,920 --> 00:32:06,520
Speaker 3: to get rid of that one altogether because there is

689
00:32:06,520 --> 00:32:09,440
Speaker 3: apparently no chance whatsoever that the pair of them are

690
00:32:09,440 --> 00:32:11,640
Speaker 3: going to team up because apparently, and it's being reported

691
00:32:11,640 --> 00:32:14,640
Speaker 3: that apparently both of them are completely set on being

692
00:32:14,640 --> 00:32:16,400
Speaker 3: the next All Blacks head coach and they're not going

693
00:32:16,440 --> 00:32:18,520
Speaker 3: to take being the playing second fiddle to the other one.

694
00:32:18,520 --> 00:32:20,440
Speaker 3: And so it's one or the other. You get Jamie

695
00:32:20,520 --> 00:32:22,120
Speaker 3: or you get you get jam And why are we

696
00:32:22,160 --> 00:32:24,400
Speaker 3: pretending that Dave is in the running for this. You're

697
00:32:24,400 --> 00:32:26,720
Speaker 3: going to get Jamie Joseph and Dave Rennie is not

698
00:32:26,720 --> 00:32:29,440
Speaker 3: going to be his second. Let's see, this is an

699
00:32:29,440 --> 00:32:31,840
Speaker 3: official prediction. Let's see if we get this one right,

700
00:32:32,240 --> 00:32:34,880
Speaker 3: Jamie Joseph the whole way anyway, The new Reserve Bank

701
00:32:34,920 --> 00:32:37,600
Speaker 3: Governor Anna Bremen is with us Next news tog.

702
00:32:37,520 --> 00:33:13,120
Speaker 1: ZB pressing the newsmakers to get the real story. It's

703
00:33:13,200 --> 00:33:16,960
Speaker 1: Heather Duper Clan drive with One New Zealand to coverage

704
00:33:17,040 --> 00:33:21,320
Speaker 1: like no one else Newsawk Savy, Good afternoon.

705
00:33:21,360 --> 00:33:23,800
Speaker 3: The new Reserve Bank governors made her first big call.

706
00:33:23,840 --> 00:33:26,440
Speaker 3: Anna Bremens kept the official cash rate at two point

707
00:33:26,600 --> 00:33:30,400
Speaker 3: two five percent, and she's with us now, Anna, Hello, Hi,

708
00:33:31,000 --> 00:33:33,480
Speaker 3: was there any consideration other than holding.

709
00:33:34,800 --> 00:33:38,160
Speaker 9: At this meeting? There was really full consensus on holding

710
00:33:38,200 --> 00:33:39,320
Speaker 9: the OCR at this time.

711
00:33:39,800 --> 00:33:42,080
Speaker 3: So how long are you prepared to tolerate inflation being

712
00:33:42,080 --> 00:33:42,920
Speaker 3: outside the band?

713
00:33:44,800 --> 00:33:48,480
Speaker 9: Well, we always look to exactly why it's inflation outside

714
00:33:48,520 --> 00:33:50,800
Speaker 9: of the band. We're not happy with being at three

715
00:33:50,800 --> 00:33:53,240
Speaker 9: point one percent. We think that it's too high, but

716
00:33:53,440 --> 00:33:56,400
Speaker 9: we can see that there was some temporary fact. Mainly

717
00:33:56,600 --> 00:33:59,040
Speaker 9: I'm going to be careful, see he's using the word temporary.

718
00:33:59,440 --> 00:34:02,440
Speaker 9: But we do feel very confident that inflation will fall

719
00:34:02,560 --> 00:34:06,640
Speaker 9: during twenty twenty six. So that's why we felt comfortable

720
00:34:06,840 --> 00:34:08,319
Speaker 9: holding the OCR at this time.

721
00:34:08,880 --> 00:34:11,040
Speaker 3: What would be an indication to you that I'm not

722
00:34:11,080 --> 00:34:12,640
Speaker 3: saying that you've got it wrong, but you may have

723
00:34:12,680 --> 00:34:14,759
Speaker 3: got it wrong, and that in fact is stickier than

724
00:34:14,760 --> 00:34:16,200
Speaker 3: you think. Like, what's going to be the clue.

725
00:34:17,800 --> 00:34:21,320
Speaker 9: Well, if we see inflation being higher than we expect

726
00:34:21,960 --> 00:34:26,960
Speaker 9: overcoming months and later during this year, then again it

727
00:34:26,960 --> 00:34:30,040
Speaker 9: will depend on exactly what is causing that. But we

728
00:34:31,280 --> 00:34:36,000
Speaker 9: are very focused on bringing inflation back to two percent,

729
00:34:36,480 --> 00:34:39,520
Speaker 9: the midpoint of our target band because we need to

730
00:34:39,560 --> 00:34:43,120
Speaker 9: see low and stable inflation. Again, we will not tolerate

731
00:34:43,160 --> 00:34:44,879
Speaker 9: inflation outside of the target band.

732
00:34:45,200 --> 00:34:49,399
Speaker 3: I am well, for how long though, Well.

733
00:34:49,280 --> 00:34:53,160
Speaker 9: It's always a question of exactly what it is driving inflation,

734
00:34:53,640 --> 00:34:56,960
Speaker 9: because we base our decisions on where we see inflation heading.

735
00:34:57,680 --> 00:35:02,640
Speaker 9: Our goal is really to have inflation at the midpoint

736
00:35:02,640 --> 00:35:05,479
Speaker 9: of the target band or the medium terms. So if

737
00:35:05,560 --> 00:35:08,360
Speaker 9: because there's always there can always be temporary factors that

738
00:35:08,440 --> 00:35:11,720
Speaker 9: pushes inflation very high or very low. So we always

739
00:35:11,800 --> 00:35:14,920
Speaker 9: look forward to where inflation is heading, but we do

740
00:35:15,080 --> 00:35:17,839
Speaker 9: not you know, if it is too high for too long,

741
00:35:17,960 --> 00:35:19,319
Speaker 9: then of course we'll have to act.

742
00:35:20,080 --> 00:35:20,239
Speaker 21: Now.

743
00:35:20,280 --> 00:35:22,160
Speaker 3: I see that you've been quoted as saying that you

744
00:35:22,200 --> 00:35:26,000
Speaker 3: don't want to upset the economic rebound. Is that strictly

745
00:35:26,040 --> 00:35:26,879
Speaker 3: part of your job.

746
00:35:28,560 --> 00:35:32,440
Speaker 9: Well, what we're saying is that you know, at this time,

747
00:35:33,080 --> 00:35:38,520
Speaker 9: we believe that it is important to have a little

748
00:35:38,520 --> 00:35:42,040
Speaker 9: bit of an accommodative policy, which means that the ocr

749
00:35:42,200 --> 00:35:43,880
Speaker 9: is a little bit lower than it might be in

750
00:35:44,000 --> 00:35:48,799
Speaker 9: the longer run. And that is because unless the economy rebounds,

751
00:35:48,800 --> 00:35:52,480
Speaker 9: we think that inflation may actually fall below the target.

752
00:35:53,480 --> 00:35:56,480
Speaker 9: Because if we look at inflation right now, if you

753
00:35:56,520 --> 00:35:59,040
Speaker 9: look at wage growth, if you look at core inflation,

754
00:35:59,680 --> 00:36:03,600
Speaker 9: we actually have inflation. Core inflation is firmly within the

755
00:36:03,640 --> 00:36:06,000
Speaker 9: target band, and that tends to be a better predictor

756
00:36:06,480 --> 00:36:10,160
Speaker 9: of where inflation is going than headline. So in that sense,

757
00:36:10,320 --> 00:36:13,880
Speaker 9: you know, we are comfortable that inflation will be a

758
00:36:13,960 --> 00:36:15,160
Speaker 9: target in the medium term.

759
00:36:15,480 --> 00:36:17,600
Speaker 3: Are you worried at all that households are still too

760
00:36:17,640 --> 00:36:20,160
Speaker 3: cautious about spending what money they may have.

761
00:36:21,400 --> 00:36:24,920
Speaker 9: Oh, I mean, I understand it, because you know, households

762
00:36:24,960 --> 00:36:29,080
Speaker 9: have some very tough years behind them. We've had weak

763
00:36:29,120 --> 00:36:32,799
Speaker 9: growth we've had and we still have high unemployment. The

764
00:36:32,840 --> 00:36:37,120
Speaker 9: houses being cautious, I do understand that, but we and

765
00:36:37,160 --> 00:36:40,040
Speaker 9: we do understand that households will need to see some

766
00:36:41,280 --> 00:36:44,720
Speaker 9: better purchasing power going forward and the stronger labor market.

767
00:36:45,239 --> 00:36:47,680
Speaker 9: But that if you look at the economic data right now,

768
00:36:47,680 --> 00:36:51,680
Speaker 9: we're getting some positive signals that the economy is starting

769
00:36:51,719 --> 00:36:53,719
Speaker 9: to grow, but we are saying also that we're at

770
00:36:53,760 --> 00:36:55,320
Speaker 9: the early stages of the recovery.

771
00:36:56,800 --> 00:36:59,719
Speaker 3: Are you worried about the I mean recently, which maybe

772
00:37:00,000 --> 00:37:04,360
Speaker 3: slightly before your tenure, but late last year, the major

773
00:37:04,360 --> 00:37:07,160
Speaker 3: banks started to raise the retail rates. Are you worried

774
00:37:07,160 --> 00:37:08,000
Speaker 3: about that at all?

775
00:37:09,480 --> 00:37:12,160
Speaker 9: We did discuss it because you know, we've seen that

776
00:37:12,239 --> 00:37:16,080
Speaker 9: mortgage rates have been going up and that is likely

777
00:37:16,120 --> 00:37:18,879
Speaker 9: affecting households and how they see the outlook. We're also

778
00:37:18,920 --> 00:37:23,080
Speaker 9: seen that house prices have been not growing quite as

779
00:37:23,960 --> 00:37:29,319
Speaker 9: we expected, so we do take that into consideration, and

780
00:37:30,160 --> 00:37:33,560
Speaker 9: we're seeing that, you know, compared to markets, we're seeing

781
00:37:33,680 --> 00:37:36,640
Speaker 9: the ocr being on hold for some time. And then

782
00:37:36,719 --> 00:37:39,359
Speaker 9: we expect when the economy is getting stronger and we're

783
00:37:39,400 --> 00:37:41,799
Speaker 9: expecting to see a bit more inflation or pressures data

784
00:37:41,880 --> 00:37:45,160
Speaker 9: out and we will start tightening. But right now we

785
00:37:45,320 --> 00:37:46,040
Speaker 9: are on hold.

786
00:37:46,680 --> 00:37:47,719
Speaker 3: Tightening from December.

787
00:37:49,960 --> 00:37:53,600
Speaker 9: Well, you know, we don't say no exactly when because

788
00:37:53,640 --> 00:37:56,719
Speaker 9: it will always we will adjust if we see any

789
00:37:56,920 --> 00:37:59,520
Speaker 9: changes in the outlook, but we're saying that there is

790
00:37:59,520 --> 00:38:02,319
Speaker 9: a probably allittered towards the end of the year of

791
00:38:02,320 --> 00:38:02,880
Speaker 9: a retake.

792
00:38:03,000 --> 00:38:05,440
Speaker 3: That's correct, and it's very good to talk to you.

793
00:38:05,520 --> 00:38:07,279
Speaker 3: Thank you for your time. That's and a brim and

794
00:38:07,280 --> 00:38:09,600
Speaker 3: the Reserve Bank governor the new on twelve past.

795
00:38:09,400 --> 00:38:11,280
Speaker 2: Five, heither due for cell.

796
00:38:11,480 --> 00:38:13,440
Speaker 3: So some good news for Fletcher Building. It's posted a

797
00:38:13,480 --> 00:38:16,239
Speaker 3: half year operating profit of forty five million dollars, which

798
00:38:16,280 --> 00:38:19,719
Speaker 3: is up from last year's operating loss of eighty eight

799
00:38:19,719 --> 00:38:22,319
Speaker 3: million dollars. The CEO, Andrew Reading is with us Hi

800
00:38:22,440 --> 00:38:26,120
Speaker 3: Andrew Hi. Still a net loss for the business of

801
00:38:26,120 --> 00:38:29,160
Speaker 3: eleven million dollars. So how would you describe the business

802
00:38:29,239 --> 00:38:30,879
Speaker 3: right now in the turnaround that you're doing.

803
00:38:32,040 --> 00:38:35,799
Speaker 22: Oh, look, it's a journey that we're traveling and I

804
00:38:35,840 --> 00:38:39,359
Speaker 22: think we're making good progress on it. The loss that

805
00:38:39,400 --> 00:38:42,600
Speaker 22: we recorded for the half of eleven million was after

806
00:38:43,360 --> 00:38:48,320
Speaker 22: fifty six million dollars of significant items, So we actually

807
00:38:48,600 --> 00:38:53,600
Speaker 22: posted a net operating profit of forty five million, which

808
00:38:53,640 --> 00:38:55,840
Speaker 22: is the first time we've done that since June twenty

809
00:38:55,920 --> 00:38:56,560
Speaker 22: twenty three.

810
00:38:57,840 --> 00:38:59,719
Speaker 3: Still expecting a tough year this year.

811
00:39:00,760 --> 00:39:04,560
Speaker 22: Yes, Look, we the first two quarters this year were

812
00:39:04,680 --> 00:39:08,000
Speaker 22: very different. So the quarter one which was coming out

813
00:39:08,080 --> 00:39:11,800
Speaker 22: of that, our financial year twenty twenty five was continue

814
00:39:11,840 --> 00:39:15,920
Speaker 22: the downward trajectory, and then in October we saw things

815
00:39:15,960 --> 00:39:19,359
Speaker 22: flatten out and November December started to pick up a bit.

816
00:39:19,800 --> 00:39:23,640
Speaker 22: But it's not bubbling. It is just getting better and

817
00:39:23,880 --> 00:39:27,960
Speaker 22: very bad. So we're not forecasting great times for our

818
00:39:28,040 --> 00:39:32,279
Speaker 22: financial year twenty twenty six, and indeed think that the

819
00:39:32,320 --> 00:39:35,960
Speaker 22: calendar year twenty twenty seven is when things start moving.

820
00:39:36,400 --> 00:39:38,960
Speaker 22: All things are lined up and moving properly.

821
00:39:39,640 --> 00:39:41,960
Speaker 3: Now I see in terms of staff losses, you've already

822
00:39:41,960 --> 00:39:44,040
Speaker 3: cut about three hundred. Is more than three hundred hit

823
00:39:44,040 --> 00:39:46,320
Speaker 3: off of staff. How many more are you planning to cut?

824
00:39:47,480 --> 00:39:50,360
Speaker 22: Look, that's very difficult to say, because what we have

825
00:39:50,520 --> 00:39:53,680
Speaker 22: left is about four hundred and eleven. Of those, over

826
00:39:53,719 --> 00:39:57,200
Speaker 22: two hundred and fifty are involved in shared service type operations.

827
00:39:57,640 --> 00:40:00,560
Speaker 22: So there is a desire to get as much of

828
00:40:00,760 --> 00:40:04,799
Speaker 22: our overhead into the business units as possible. But we'll

829
00:40:04,800 --> 00:40:06,799
Speaker 22: try and pick up some efficiencies on the way as

830
00:40:06,800 --> 00:40:09,239
Speaker 22: we go through that. So it'd be very difficult to

831
00:40:09,280 --> 00:40:10,719
Speaker 22: turn around to put any numbers on that.

832
00:40:10,840 --> 00:40:12,920
Speaker 3: Has it been quite a significant problem in the business,

833
00:40:12,960 --> 00:40:15,799
Speaker 3: just just way too much inefficiency.

834
00:40:16,480 --> 00:40:20,560
Speaker 22: Look, I think it's unfair to say way too much inefficiency,

835
00:40:20,680 --> 00:40:23,640
Speaker 22: because nobody comes to work to fail. But what we've

836
00:40:23,640 --> 00:40:27,000
Speaker 22: had is some strategies that have driven cost. So for example,

837
00:40:27,000 --> 00:40:28,880
Speaker 22: we were at one stage going to turn around and

838
00:40:28,960 --> 00:40:32,680
Speaker 22: roll out of SAPI across the entire business, and we

839
00:40:32,800 --> 00:40:35,040
Speaker 22: had to rise off one hundred and fifty million dollars

840
00:40:35,280 --> 00:40:38,279
Speaker 22: associated with that. But obviously if you're doing that sort

841
00:40:38,280 --> 00:40:40,600
Speaker 22: of exercise, you have the people involved to do it.

842
00:40:41,000 --> 00:40:43,399
Speaker 22: So this is why since I've been here, we've taken

843
00:40:43,440 --> 00:40:46,160
Speaker 22: it from seven hundred and nineteen down to four hut

844
00:40:46,160 --> 00:40:48,719
Speaker 22: and eleven, because we've been changing some of those strategies

845
00:40:48,719 --> 00:40:50,280
Speaker 22: that drove cost into the business.

846
00:40:50,560 --> 00:40:52,120
Speaker 3: Andrew, listen, thank you very much for time. It's good

847
00:40:52,120 --> 00:40:54,800
Speaker 3: to talk to you. Andrew reading the CEO of Litcher Building.

848
00:40:55,600 --> 00:40:58,279
Speaker 3: Hither do for Ellen either I like the sound of

849
00:40:58,280 --> 00:41:00,960
Speaker 3: the new governor common sense of picture view, breath of

850
00:41:01,000 --> 00:41:03,320
Speaker 3: fresh air, Heather. It's nice to hear some straight answers

851
00:41:03,360 --> 00:41:05,600
Speaker 3: and explanations on how things are being decided. Whether she

852
00:41:05,719 --> 00:41:08,840
Speaker 3: was a breath of fresh air, good, ridden sore straight

853
00:41:08,840 --> 00:41:12,080
Speaker 3: down the middle, and you know what, I agree with

854
00:41:12,120 --> 00:41:14,279
Speaker 3: all of that quarter past Are you the kind of

855
00:41:14,280 --> 00:41:16,359
Speaker 3: business owner that does a lot of talking about how

856
00:41:16,360 --> 00:41:19,080
Speaker 3: great your services and how amazing your product is. Well,

857
00:41:19,120 --> 00:41:20,960
Speaker 3: it may be the case, but here's the thought. If

858
00:41:21,000 --> 00:41:23,480
Speaker 3: your business really is great, you need to make sure

859
00:41:23,480 --> 00:41:25,839
Speaker 3: it looks great as well, because, let's face it, first

860
00:41:25,840 --> 00:41:28,160
Speaker 3: impressions count. So if you're sign of just looking a

861
00:41:28,200 --> 00:41:30,960
Speaker 3: little tired or perhaps worse, if you don't have any

862
00:41:31,000 --> 00:41:32,960
Speaker 3: at all, it can make your business feel well a

863
00:41:32,960 --> 00:41:35,919
Speaker 3: little bit invisible, right, and that needs sorting fast. Whether

864
00:41:35,960 --> 00:41:38,320
Speaker 3: it's signs for your shop front, graphics on your windows,

865
00:41:38,400 --> 00:41:40,040
Speaker 3: or a vehicle wrap that turns your car into a

866
00:41:40,080 --> 00:41:42,760
Speaker 3: moving ad. Speedy Signs can make you look the part

867
00:41:43,120 --> 00:41:46,160
Speaker 3: and look professional. That's a game changer. Are you look established,

868
00:41:46,160 --> 00:41:48,600
Speaker 3: You look confident, you stand out from the noise. Speedy

869
00:41:48,600 --> 00:41:50,600
Speaker 3: Signs have been doing this for over twenty five years

870
00:41:50,640 --> 00:41:53,279
Speaker 3: with nearly thirty locations across the country, so they really

871
00:41:53,320 --> 00:41:56,000
Speaker 3: know what they are doing. Call eight hundred Speedy or

872
00:41:56,080 --> 00:41:58,640
Speaker 3: check out Speedy Signs dot co dot z because your

873
00:41:58,640 --> 00:42:01,040
Speaker 3: business deserves to look as good as it really is.

874
00:42:01,840 --> 00:42:04,160
Speaker 2: Used dogs'd be hither.

875
00:42:04,200 --> 00:42:06,560
Speaker 3: There's zero chance that inflation goes through the bottom of

876
00:42:06,600 --> 00:42:09,480
Speaker 3: the band. Today's statement was tactical after November's cock up.

877
00:42:09,480 --> 00:42:12,040
Speaker 3: They're more worried about inflation than they're letting on. It's

878
00:42:12,080 --> 00:42:14,319
Speaker 3: eighteen past five. Now the Food Fighters, as I was

879
00:42:14,320 --> 00:42:16,840
Speaker 3: telling you earlier, have ann answer. They're coming back to

880
00:42:16,880 --> 00:42:19,400
Speaker 3: New Zealand next year and in another win for christ

881
00:42:19,440 --> 00:42:22,520
Speaker 3: Church's brand new stadium, they're heading their first Caroline Harvey

882
00:42:22,560 --> 00:42:25,200
Speaker 3: Tear is the CEO of Venues Otakahi and she's with

883
00:42:25,280 --> 00:42:28,400
Speaker 3: us now. Hi, Caroline, gooday, how are you? I'm wealthy?

884
00:42:28,880 --> 00:42:30,520
Speaker 3: I can hear it in your voice. You're thrilled.

885
00:42:31,320 --> 00:42:34,560
Speaker 23: Oh we're thrilled. Yeah, yeah, yeah, it just just gets

886
00:42:34,560 --> 00:42:36,240
Speaker 23: better and better this year and next.

887
00:42:36,719 --> 00:42:38,920
Speaker 3: And what else you've got? So you've got the six sixty,

888
00:42:39,080 --> 00:42:41,040
Speaker 3: you've got the Super Rugby, You've got the Food.

889
00:42:40,880 --> 00:42:44,080
Speaker 23: Fighters, got the Food Fighters, got the Warriors who sold

890
00:42:44,080 --> 00:42:47,719
Speaker 23: out in four days. Yeah, we've got the Rugby League

891
00:42:47,760 --> 00:42:51,319
Speaker 23: World Cup in October, got the Black Ferns, and we've

892
00:42:51,320 --> 00:42:53,680
Speaker 23: got a couple of exciting announcements coming up next month.

893
00:42:53,800 --> 00:42:55,920
Speaker 3: Oh give us a hedn't what are we talking? Spells

894
00:42:55,960 --> 00:42:59,239
Speaker 3: and music? But are both o one of each?

895
00:43:00,200 --> 00:43:00,439
Speaker 4: Yep?

896
00:43:00,760 --> 00:43:00,960
Speaker 9: Yep?

897
00:43:01,120 --> 00:43:04,880
Speaker 23: So no, we're excited in our city or We've all

898
00:43:04,960 --> 00:43:06,920
Speaker 23: waited a wee while to not have to pack our

899
00:43:06,920 --> 00:43:09,359
Speaker 23: bags to go elsewhere for this type of content, So

900
00:43:09,920 --> 00:43:10,680
Speaker 23: go bet.

901
00:43:11,000 --> 00:43:13,960
Speaker 3: Now here's the thing though, right at this stage, much

902
00:43:14,000 --> 00:43:15,600
Speaker 3: of what you've got, not everything, but much of what

903
00:43:15,640 --> 00:43:17,600
Speaker 3: you've got the stuff that well, I'm thinking about the

904
00:43:17,640 --> 00:43:19,000
Speaker 3: fur fighters, right. I can go and see it in

905
00:43:19,040 --> 00:43:21,239
Speaker 3: Auckland and you guys are doing it in Christach. Have

906
00:43:21,320 --> 00:43:23,400
Speaker 3: you got any of these big gigs coming your way

907
00:43:23,680 --> 00:43:25,440
Speaker 3: that the rest of the country will have to come

908
00:43:25,440 --> 00:43:26,760
Speaker 3: to you to see.

909
00:43:27,040 --> 00:43:29,440
Speaker 23: Yeah, and that the are the things that we're working on,

910
00:43:29,480 --> 00:43:31,279
Speaker 23: you know, and have other things that really shift the

911
00:43:31,280 --> 00:43:33,640
Speaker 23: dial when it comes to visitation here in christ Church,

912
00:43:33,719 --> 00:43:35,120
Speaker 23: and the are the things that we want to see

913
00:43:35,160 --> 00:43:37,000
Speaker 23: here in christ Church. And this is why we've got

914
00:43:37,000 --> 00:43:41,960
Speaker 23: this beautiful new venue. So it's coming. And those New

915
00:43:42,040 --> 00:43:44,560
Speaker 23: Zealand exclusives, albeit you know, they are a little bit

916
00:43:44,600 --> 00:43:47,000
Speaker 23: harder to come by. You know, people come a long

917
00:43:47,040 --> 00:43:48,640
Speaker 23: way to get to New Zealand. They spend a lot

918
00:43:48,680 --> 00:43:52,120
Speaker 23: of spend a lot of money getting here. So yeah,

919
00:43:52,239 --> 00:43:55,280
Speaker 23: we're certainly working on New Zealand And exclusive content.

920
00:43:55,400 --> 00:43:59,160
Speaker 3: So just watch this space. Has anybody from Dunedin called

921
00:43:59,200 --> 00:44:02,000
Speaker 3: you yet? And told you, told you you're cutting their lunch.

922
00:44:02,880 --> 00:44:06,240
Speaker 23: I have had a wonderfully congratulatory text from the CEO

923
00:44:06,280 --> 00:44:07,240
Speaker 23: of Dunedin Venues.

924
00:44:08,680 --> 00:44:11,759
Speaker 3: I have yep, yep, because it must suck to be

925
00:44:11,840 --> 00:44:13,800
Speaker 3: them right now watching all this stuff going on in

926
00:44:13,880 --> 00:44:14,439
Speaker 3: christ Church.

927
00:44:16,080 --> 00:44:18,120
Speaker 23: Yeah, look at it's going to have an impact and

928
00:44:18,680 --> 00:44:22,040
Speaker 23: it's certainly you can see that starting to happen. But

929
00:44:22,320 --> 00:44:25,600
Speaker 23: Dnedin will still get content, you know, It'll just it'll

930
00:44:25,640 --> 00:44:27,600
Speaker 23: just be a little bit more evenly distributed for a

931
00:44:27,640 --> 00:44:28,080
Speaker 23: work while.

932
00:44:28,160 --> 00:44:30,920
Speaker 3: Yeah, good stuff. Hey, congratulations, Caroline, really appreciate time. That's

933
00:44:30,920 --> 00:44:35,040
Speaker 3: Caroline Harvey, ta Venues, Autotahi Chief Executive. Right, let's deal

934
00:44:35,080 --> 00:44:36,839
Speaker 3: with the dogs next five to twenty one.

935
00:44:37,880 --> 00:44:41,040
Speaker 1: The name you trusted to get the answers you need,

936
00:44:41,280 --> 00:44:45,400
Speaker 1: it's Heather Doper Clan drive with one New Zealand coverage

937
00:44:45,480 --> 00:44:47,359
Speaker 1: like no one else news talk.

938
00:44:47,440 --> 00:44:50,879
Speaker 3: They'd be David Seymore's announced today Farmac's going to fund

939
00:44:50,880 --> 00:44:53,600
Speaker 3: a couple more medicines for people with leukemia. So we'll

940
00:44:53,600 --> 00:44:55,040
Speaker 3: have it with Blood Canceler. We'll have a chat to

941
00:44:55,120 --> 00:44:57,919
Speaker 3: him after the news. Right now, it's twenty four past five. Now,

942
00:44:58,320 --> 00:45:00,440
Speaker 3: can I suggest to you that we we are too

943
00:45:00,480 --> 00:45:03,080
Speaker 3: squeamish about the fact that we need to kill dangerous dogs.

944
00:45:03,560 --> 00:45:05,960
Speaker 3: Shane Jones was on the radio this morning being interviewed

945
00:45:06,000 --> 00:45:08,560
Speaker 3: about the morning to death of that woman in Northland yesterday,

946
00:45:08,960 --> 00:45:11,480
Speaker 3: and he said that we need to kill dangerous dogs

947
00:45:11,520 --> 00:45:13,759
Speaker 3: like his father's generation would do in Northland. They just

948
00:45:13,800 --> 00:45:17,200
Speaker 3: shoot them. The interviewer did not want to talk about that.

949
00:45:17,239 --> 00:45:19,600
Speaker 3: He wanted to talk about other things like desexing the

950
00:45:19,640 --> 00:45:22,239
Speaker 3: dogs or punishing the owners. Shane Jones had to say

951
00:45:22,239 --> 00:45:25,319
Speaker 3: about three or four times that dangerous dogs need to

952
00:45:25,320 --> 00:45:28,560
Speaker 3: be killed before the interviewer would even acknowledge that he

953
00:45:28,640 --> 00:45:31,160
Speaker 3: had said that. And then after the interview came out

954
00:45:31,400 --> 00:45:34,720
Speaker 3: a news report with the headline severe jail terms needed

955
00:45:34,719 --> 00:45:37,719
Speaker 3: for owners of dogs. Shane Jones says, yeah, he did

956
00:45:37,760 --> 00:45:39,399
Speaker 3: say that. He did say they need to go to jail.

957
00:45:39,520 --> 00:45:42,000
Speaker 3: He also said though, that we need to kill the dogs.

958
00:45:42,480 --> 00:45:42,680
Speaker 4: Now.

959
00:45:42,719 --> 00:45:45,160
Speaker 3: I'm not ripping on anyone here because I think saying

960
00:45:45,200 --> 00:45:46,799
Speaker 3: that out loud is actually a very hard thing to

961
00:45:46,800 --> 00:45:50,359
Speaker 3: do unless you have reached that conclusion yourself. But tell

962
00:45:50,400 --> 00:45:52,840
Speaker 3: me you haven't reached that conclusion. Tell me Shane Jones

963
00:45:52,920 --> 00:45:55,520
Speaker 3: is wrong. The dogs at this property in question apparently

964
00:45:55,640 --> 00:45:58,919
Speaker 3: terrorized people passing by, according to a neighbor, and pack

965
00:45:58,960 --> 00:46:01,839
Speaker 3: attacked a neighbor's dog. Dog control had been called. They

966
00:46:01,960 --> 00:46:03,840
Speaker 3: visited the property, but the dogs were left there and

967
00:46:03,840 --> 00:46:06,880
Speaker 3: then the dogs killed their owner. Mid last year, a

968
00:46:06,880 --> 00:46:08,840
Speaker 3: girl was attacked in a park in Titani by a

969
00:46:09,120 --> 00:46:11,600
Speaker 3: roaming dog. The dog was seized and then it was

970
00:46:11,680 --> 00:46:15,280
Speaker 3: released by the council dogs that attack should be killed.

971
00:46:15,560 --> 00:46:17,920
Speaker 3: Last year in Auckland there were nearly six hundred reported

972
00:46:17,960 --> 00:46:21,560
Speaker 3: dog attacks. Only six dogs were killed. Now, I realize

973
00:46:21,560 --> 00:46:24,560
Speaker 3: we love our pets very very much, and that's fair enough,

974
00:46:24,880 --> 00:46:27,680
Speaker 3: but we need to get way tougher when dogs are

975
00:46:27,760 --> 00:46:30,200
Speaker 3: dangerous or actually attack. We need to lower the bar

976
00:46:30,480 --> 00:46:33,279
Speaker 3: right down on what we accept. But I suspect that

977
00:46:33,320 --> 00:46:35,680
Speaker 3: before we can get tougher, and before we do lower

978
00:46:35,719 --> 00:46:37,880
Speaker 3: that bar, we need to get way less squeamish and

979
00:46:38,000 --> 00:46:40,440
Speaker 3: actually talk about it like it is a real option

980
00:46:40,760 --> 00:46:41,360
Speaker 3: to kill.

981
00:46:41,160 --> 00:46:46,040
Speaker 2: These dogs ever due for see ellen n is.

982
00:46:46,000 --> 00:46:48,120
Speaker 3: The text number on that one. Oh the Infrastructure Commission.

983
00:46:48,120 --> 00:46:51,360
Speaker 3: Listen that idea yesterday of the nine dollar toll on

984
00:46:51,440 --> 00:46:53,879
Speaker 3: Auckland's Harbor Bridge and then whatever new bridge is also

985
00:46:53,920 --> 00:46:55,919
Speaker 3: built has gone down clearly like a cup of cold

986
00:46:56,000 --> 00:46:59,719
Speaker 3: sick for obvious reasons, were paid for the bridge, ready

987
00:47:00,080 --> 00:47:02,680
Speaker 3: to pay for it again. The Infrastructure Commission has had

988
00:47:02,680 --> 00:47:05,640
Speaker 3: to come out today and clarify this. They've had to

989
00:47:05,719 --> 00:47:09,800
Speaker 3: say they haven't undertaken a detailed comparison of what actually

990
00:47:09,840 --> 00:47:13,280
Speaker 3: should be paid and by whom and how. They haven't

991
00:47:13,360 --> 00:47:16,960
Speaker 3: specifically recommended a toll. They just put an idea out there,

992
00:47:17,040 --> 00:47:19,520
Speaker 3: so just in case you. But this is maybe in

993
00:47:19,600 --> 00:47:22,879
Speaker 3: part because now there are calls from the Taxpayers Union

994
00:47:23,000 --> 00:47:25,080
Speaker 3: for the government to rule out a bridge tax or

995
00:47:25,080 --> 00:47:27,000
Speaker 3: whatever it is. I mean, clearly it was just a

996
00:47:27,040 --> 00:47:30,560
Speaker 3: spitballed idea, but whatever. Listen, can I suggest another thing

997
00:47:30,600 --> 00:47:33,839
Speaker 3: to you, which is that the Foo Fighters are, in

998
00:47:33,880 --> 00:47:36,600
Speaker 3: fact the greatest modern rock band, the greatest band of

999
00:47:36,640 --> 00:47:40,680
Speaker 3: their generation. I cannot. I've been racking my brain about

1000
00:47:40,680 --> 00:47:43,120
Speaker 3: this for days because myself and the four year old

1001
00:47:43,120 --> 00:47:45,360
Speaker 3: were listening to the Foo Fighters in the car the

1002
00:47:45,440 --> 00:47:47,760
Speaker 3: other day and I thought, is there a greater modern

1003
00:47:47,840 --> 00:47:49,840
Speaker 3: rock band than the Foo Fighters? They are the greatest,

1004
00:47:49,880 --> 00:47:51,759
Speaker 3: aren't they? So we had a look at it. They've

1005
00:47:51,800 --> 00:47:54,560
Speaker 3: got fifteen Grammy Awards. The only other band that comes

1006
00:47:54,560 --> 00:47:57,399
Speaker 3: even close to that is you two's got more right

1007
00:47:57,440 --> 00:48:00,520
Speaker 3: at twenty two Grammy Awards. But you two are of

1008
00:48:00,560 --> 00:48:03,400
Speaker 3: a different generation, and in the current generation, there is

1009
00:48:03,480 --> 00:48:06,359
Speaker 3: no other band that comes even close to fifteen Grammys.

1010
00:48:06,760 --> 00:48:09,080
Speaker 3: Not only that, but I would like to suggest to

1011
00:48:09,120 --> 00:48:11,600
Speaker 3: you that Dave Grohl has been given a raw deal

1012
00:48:11,800 --> 00:48:14,640
Speaker 3: in history because everybody raves about Kurt Cobain. But all

1013
00:48:14,719 --> 00:48:17,360
Speaker 3: Kurt Cobain ever did was write some sad songs and

1014
00:48:17,400 --> 00:48:19,479
Speaker 3: then sing them with a curtain of hair across his face.

1015
00:48:19,560 --> 00:48:22,360
Speaker 3: Like where he's been weirdly mythologized. Doesn't He's actually like

1016
00:48:22,400 --> 00:48:25,400
Speaker 3: he was good and he kind of captured the zeitgeist.

1017
00:48:25,600 --> 00:48:28,080
Speaker 3: But surely we have to accept that the number of

1018
00:48:28,120 --> 00:48:30,960
Speaker 3: bangers that Dave Grohl has put out, he is better,

1019
00:48:31,400 --> 00:48:33,319
Speaker 3: isn't he. I mean, this is not a this is

1020
00:48:33,360 --> 00:48:36,560
Speaker 3: not controversial thing to say, is it. Anyway? The Huddle's

1021
00:48:36,560 --> 00:48:37,960
Speaker 3: going to be with us shortly, we'll put it to them.

1022
00:48:38,040 --> 00:48:41,040
Speaker 3: Jack Tame and Tim Wilson will bear us. News is next.

1023
00:48:44,840 --> 00:48:47,360
Speaker 1: On your smart speaker, on the iHeart app, and in

1024
00:48:47,400 --> 00:48:50,360
Speaker 1: your car on your drive home. It's Heather Duplicy Ellen

1025
00:48:50,480 --> 00:48:53,920
Speaker 1: Drive with One New Zealand and the power of satellite

1026
00:48:53,920 --> 00:48:55,120
Speaker 1: Mobile News talks.

1027
00:48:55,120 --> 00:48:55,440
Speaker 5: That'd be.

1028
00:49:01,560 --> 00:49:01,920
Speaker 2: Stark.

1029
00:49:01,960 --> 00:49:04,000
Speaker 3: Boss is going to be of us after six o'clock,

1030
00:49:04,040 --> 00:49:05,759
Speaker 3: talk us through what she's seeing in terms of an

1031
00:49:05,800 --> 00:49:08,320
Speaker 3: economic recovery. The Huddle is standing by got Tim Wilson

1032
00:49:08,360 --> 00:49:11,920
Speaker 3: and Jack Tyne. This evening, Heather Nirvana significantly out sALS

1033
00:49:11,920 --> 00:49:15,120
Speaker 3: and outstreams Foo fighters and total album sales and overall

1034
00:49:15,120 --> 00:49:17,840
Speaker 3: equivalent units despite having a much shorter active career and

1035
00:49:17,880 --> 00:49:21,120
Speaker 3: many more iconic hits. Controversial call at the end, they're

1036
00:49:21,160 --> 00:49:24,520
Speaker 3: mate twenty four away from six Now. Farmac is considering

1037
00:49:24,560 --> 00:49:27,319
Speaker 3: funding two new medicines for blood cancer. Neither of the

1038
00:49:27,320 --> 00:49:29,799
Speaker 3: treatments are a cure, but they will give sufferers more

1039
00:49:29,880 --> 00:49:31,879
Speaker 3: years to live and they could be available as soon

1040
00:49:31,920 --> 00:49:34,880
Speaker 3: as May this year if Farmac says yes. David Seymour,

1041
00:49:34,880 --> 00:49:37,759
Speaker 3: Associate Health Minister responsible for Farmak, is with us. Hello,

1042
00:49:37,840 --> 00:49:41,440
Speaker 3: David hey ever. I mean we say Farmac's considering it,

1043
00:49:41,480 --> 00:49:42,920
Speaker 3: but it's obviously going to happen, isn't it.

1044
00:49:44,360 --> 00:49:44,560
Speaker 5: Yeah.

1045
00:49:44,600 --> 00:49:46,759
Speaker 24: I mean they do have to do their final sign off,

1046
00:49:46,840 --> 00:49:48,719
Speaker 24: but it's got to the point where they say they're

1047
00:49:48,760 --> 00:49:51,880
Speaker 24: proposing to fund it, which means that while they have

1048
00:49:52,000 --> 00:49:55,719
Speaker 24: the final say, this will happen and there will be

1049
00:49:55,760 --> 00:50:00,359
Speaker 24: two new blood cancer medicines, and they will help an

1050
00:50:00,480 --> 00:50:03,840
Speaker 24: estimated eighty to ninety people every five years with what

1051
00:50:04,000 --> 00:50:07,400
Speaker 24: is quite a rare but brutal disorder.

1052
00:50:07,680 --> 00:50:09,719
Speaker 3: Are you guys public about what the cost of this is.

1053
00:50:11,040 --> 00:50:14,600
Speaker 24: We're not, simply because the people that are selling it

1054
00:50:14,600 --> 00:50:18,359
Speaker 24: to FARMAC and FARMAC both have an incentive to keep

1055
00:50:18,440 --> 00:50:20,920
Speaker 24: it secret. I'd like to think we're getting a good

1056
00:50:20,960 --> 00:50:23,200
Speaker 24: deal and the vendors won't want the rest of the

1057
00:50:23,239 --> 00:50:24,320
Speaker 24: world to know what we're getting it.

1058
00:50:24,360 --> 00:50:27,440
Speaker 3: For now, I saw that you will. Also, Farmac will

1059
00:50:27,440 --> 00:50:30,080
Speaker 3: also allow people who are already paying for these drugs

1060
00:50:30,120 --> 00:50:33,439
Speaker 3: privately to be able to continue getting it privately, rather

1061
00:50:33,480 --> 00:50:35,160
Speaker 3: than having to stop what they're doing and go into

1062
00:50:35,200 --> 00:50:38,080
Speaker 3: the public system. This is common sense, isn't it.

1063
00:50:39,360 --> 00:50:39,680
Speaker 2: Yeah.

1064
00:50:39,840 --> 00:50:42,880
Speaker 24: I mean this is something that came from a street

1065
00:50:42,920 --> 00:50:46,000
Speaker 24: corner meeting two years ago in EPSOM, and I had

1066
00:50:46,320 --> 00:50:48,480
Speaker 24: a guy who was a patient say to me, this

1067
00:50:48,560 --> 00:50:52,279
Speaker 24: is ridiculous. Paid my taxes, paid for my farm, make

1068
00:50:52,360 --> 00:50:55,520
Speaker 24: medicines should I need them. I've also gone above that

1069
00:50:55,719 --> 00:50:59,080
Speaker 24: and paid for my own private health insurance. But I'm

1070
00:50:59,080 --> 00:51:02,719
Speaker 24: not eligible to at FARMAC funded cancer treatment in a

1071
00:51:02,760 --> 00:51:05,879
Speaker 24: place like Canopy or a Southern Cross hospital or other

1072
00:51:05,960 --> 00:51:09,600
Speaker 24: private facility, and I couldn't fault the guy. He had

1073
00:51:09,600 --> 00:51:14,839
Speaker 24: a point. So we've actually changed that. Initially only if

1074
00:51:15,239 --> 00:51:20,080
Speaker 24: a new medicine is funded by FARMAC, but it's one

1075
00:51:20,120 --> 00:51:24,000
Speaker 24: that you're already paying for privately. So in the past

1076
00:51:24,280 --> 00:51:27,240
Speaker 24: FARMAC might start funding something that you've previously been paying

1077
00:51:27,239 --> 00:51:29,560
Speaker 24: for and you have to keep paying in a private setting.

1078
00:51:30,760 --> 00:51:32,720
Speaker 24: We'd like to get to the stage or I would

1079
00:51:32,760 --> 00:51:35,719
Speaker 24: like to get to the stage where all medicines that

1080
00:51:35,840 --> 00:51:39,360
Speaker 24: are funded by FARMAC, if you have the administration done

1081
00:51:39,640 --> 00:51:42,120
Speaker 24: in a private hospital or cancer clinic, well, look, you

1082
00:51:42,200 --> 00:51:45,879
Speaker 24: paid your taxes, you deserve your medicine. That would put

1083
00:51:45,880 --> 00:51:48,080
Speaker 24: some extra cost onto PHARMAC. So we haven't gone all

1084
00:51:48,080 --> 00:51:51,120
Speaker 24: the way yet, but certainly, when these medicines are funded,

1085
00:51:51,320 --> 00:51:54,480
Speaker 24: anyone who's been privately funding them to date will be

1086
00:51:54,560 --> 00:51:59,160
Speaker 24: eligible to continue their treatment. But with public funding through FARMAC,

1087
00:51:59,520 --> 00:51:59,919
Speaker 24: how much.

1088
00:51:59,840 --> 00:52:02,000
Speaker 3: More expensive is it for them to continue doing it

1089
00:52:02,040 --> 00:52:03,840
Speaker 3: in a private hospital rather than publicly.

1090
00:52:05,680 --> 00:52:09,799
Speaker 24: Well, for the cost, the cost is the same, but

1091
00:52:09,880 --> 00:52:12,799
Speaker 24: the problem is that at the moment there are quite

1092
00:52:12,840 --> 00:52:15,520
Speaker 24: a lot of people getting treatment that they are paying

1093
00:52:15,560 --> 00:52:18,279
Speaker 24: for in order to get it done administered within a

1094
00:52:18,320 --> 00:52:22,320
Speaker 24: private hospital, which is their choice. If we paid for everything,

1095
00:52:22,719 --> 00:52:24,799
Speaker 24: then it would be tens of millions more off the

1096
00:52:24,840 --> 00:52:28,799
Speaker 24: pharmac budget, and that would constrain the amount of new

1097
00:52:28,840 --> 00:52:31,279
Speaker 24: medicines that we can fund, which we like doing. So

1098
00:52:31,760 --> 00:52:34,919
Speaker 24: that's the challenge. I think the right thing to do is, Look,

1099
00:52:34,960 --> 00:52:37,600
Speaker 24: you paid your taxes all your life. If you also

1100
00:52:37,680 --> 00:52:40,799
Speaker 24: pay for Southern Cross or private healthcare and you want

1101
00:52:40,840 --> 00:52:43,440
Speaker 24: to get it administered there, you should still get access

1102
00:52:43,440 --> 00:52:46,640
Speaker 24: to your medicines. I think that's fair. But that doesn't

1103
00:52:46,680 --> 00:52:49,719
Speaker 24: mean that adjusting to that world is costless. And so

1104
00:52:49,760 --> 00:52:52,680
Speaker 24: we're going to We've taken one step. If it's funded,

1105
00:52:52,960 --> 00:52:55,880
Speaker 24: if it's newly funded while you're already getting it, then

1106
00:52:56,080 --> 00:52:58,840
Speaker 24: we will start funding it through pharmic but not for

1107
00:52:58,880 --> 00:52:59,560
Speaker 24: everything just.

1108
00:52:59,560 --> 00:53:02,000
Speaker 3: Yet, David, completely different subject. But this is the first

1109
00:53:02,000 --> 00:53:05,319
Speaker 3: time I've spoken to you since the Alery Levy thing.

1110
00:53:05,440 --> 00:53:09,120
Speaker 3: Are you guys going to you're going to support this levy?

1111
00:53:09,800 --> 00:53:12,800
Speaker 24: Yeah, it's a government policy. The ACT Party is signed

1112
00:53:12,880 --> 00:53:17,399
Speaker 24: up to support government policies. It's equally true that we

1113
00:53:17,480 --> 00:53:21,319
Speaker 24: are listening. There are people who are concerned about will

1114
00:53:21,360 --> 00:53:25,439
Speaker 24: this be effective at getting power prices down and will

1115
00:53:25,480 --> 00:53:28,839
Speaker 24: the cost of it actually mean that my power bill

1116
00:53:29,600 --> 00:53:33,200
Speaker 24: adds up higher. Now we can have that argument back

1117
00:53:33,239 --> 00:53:37,440
Speaker 24: and forth, but we're actively listening and we are open

1118
00:53:37,760 --> 00:53:41,600
Speaker 24: to the possibility that if there was another way to

1119
00:53:41,680 --> 00:53:44,759
Speaker 24: do it, then maybe we'd take a look at that.

1120
00:53:45,000 --> 00:53:46,160
Speaker 24: I think we should always be.

1121
00:53:46,120 --> 00:53:48,040
Speaker 3: Open to that there is another way to do it, though.

1122
00:53:48,040 --> 00:53:49,640
Speaker 3: The other way to do it is to sell down

1123
00:53:49,680 --> 00:53:51,799
Speaker 3: some of the government's stake in the retailers.

1124
00:53:53,040 --> 00:53:57,279
Speaker 24: Yep, So recycling just asking the simple question, do we

1125
00:53:57,320 --> 00:54:00,160
Speaker 24: need to own these shares in these power companies or

1126
00:54:00,160 --> 00:54:03,000
Speaker 24: would it be better to own a gas terminal so

1127
00:54:03,080 --> 00:54:05,000
Speaker 24: you can get gas in the dry years bring the

1128
00:54:05,000 --> 00:54:09,719
Speaker 24: electricity price down. Would that be smarter all together? I

1129
00:54:09,760 --> 00:54:12,040
Speaker 24: think that I think that very well might be true.

1130
00:54:12,200 --> 00:54:14,560
Speaker 24: So look, I'm just saying we're open.

1131
00:54:13,840 --> 00:54:17,799
Speaker 3: To you considering this. You are considering maybe pulling your

1132
00:54:17,800 --> 00:54:21,520
Speaker 3: support for the levee and putting your support behind asset recycling.

1133
00:54:22,960 --> 00:54:25,000
Speaker 24: No, no, I'm not saying that I'm not going to

1134
00:54:25,160 --> 00:54:27,520
Speaker 24: break from the government. We need a stable government. But

1135
00:54:27,960 --> 00:54:30,160
Speaker 24: I think it's fair to say that right across the

1136
00:54:30,200 --> 00:54:34,200
Speaker 24: government there's always the possibility that things will change. I mean,

1137
00:54:34,239 --> 00:54:39,120
Speaker 24: if you look at the Auckland planning issue that was

1138
00:54:39,280 --> 00:54:41,719
Speaker 24: obviously something the government signed up to.

1139
00:54:41,920 --> 00:54:45,240
Speaker 3: Your suggest the government, the government may in fact change

1140
00:54:45,239 --> 00:54:47,600
Speaker 3: its mind, the whole coalition may change its mind on

1141
00:54:47,600 --> 00:54:48,160
Speaker 3: the levee.

1142
00:54:48,640 --> 00:54:51,800
Speaker 24: Well, the Government's done that on a number of issues.

1143
00:54:52,520 --> 00:54:55,560
Speaker 24: So all I'm saying is that, you know, always listen

1144
00:54:56,160 --> 00:54:59,080
Speaker 24: and don't rule things out. But sitting here right now,

1145
00:54:59,160 --> 00:55:01,960
Speaker 24: I can tell you that the Government's made a commitment

1146
00:55:02,040 --> 00:55:04,120
Speaker 24: and the act Party keeps its commitments, all.

1147
00:55:04,040 --> 00:55:06,440
Speaker 3: Right, David, thanks very much, Really appreciate that, David Seamoman,

1148
00:55:06,440 --> 00:55:10,319
Speaker 3: it's the responsible FARMAC. Very interesting, isn't It might change

1149
00:55:10,320 --> 00:55:10,840
Speaker 3: the mind on it.

1150
00:55:10,840 --> 00:55:14,440
Speaker 1: Eighteen away from six the huddle with New Zealand Southeby's

1151
00:55:14,440 --> 00:55:18,080
Speaker 1: International Realty, a name you can trust locally and globally.

1152
00:55:18,160 --> 00:55:20,480
Speaker 3: On the Huddle of This is Evening, Tim Wilson, Maximum Institute,

1153
00:55:20,560 --> 00:55:22,360
Speaker 3: Jack Tame, host of Saturday Mornings in Q and A

1154
00:55:22,400 --> 00:55:22,960
Speaker 3: Hell are you too?

1155
00:55:23,800 --> 00:55:24,120
Speaker 5: Hey there?

1156
00:55:24,200 --> 00:55:24,880
Speaker 2: Coming right?

1157
00:55:24,880 --> 00:55:25,080
Speaker 23: Tim?

1158
00:55:25,120 --> 00:55:26,840
Speaker 3: What did you make of that first call from the

1159
00:55:26,880 --> 00:55:27,960
Speaker 3: new Reserve Bank governor?

1160
00:55:29,320 --> 00:55:31,920
Speaker 4: Yeah, Look, it's good to see that the rbn Z

1161
00:55:32,160 --> 00:55:35,279
Speaker 4: isn't overacting to that inflation figure. I was expected to

1162
00:55:35,320 --> 00:55:37,719
Speaker 4: come down to about two percent in the next twelve months,

1163
00:55:37,719 --> 00:55:39,600
Speaker 4: which is more good news. It's good for the government.

1164
00:55:39,680 --> 00:55:42,440
Speaker 4: Voters like low cash rates and here's the winning factor

1165
00:55:42,480 --> 00:55:44,719
Speaker 4: as well. I think this might thaw out the relationship

1166
00:55:44,760 --> 00:55:47,319
Speaker 4: between doctor Ola Bremen and Winston Peters.

1167
00:55:47,480 --> 00:55:50,680
Speaker 25: What did you think, Jack, Yeah, I thought, say it

1168
00:55:50,680 --> 00:55:53,239
Speaker 25: with a pretty straight bank no major surprises always good

1169
00:55:53,239 --> 00:55:55,919
Speaker 25: when there are no major surprises from a central bank.

1170
00:55:55,960 --> 00:55:59,279
Speaker 25: Having there are some pretty like some pretty noisy data

1171
00:55:59,320 --> 00:56:02,040
Speaker 25: points at the moment, whether it's the inflation figure, whether

1172
00:56:02,080 --> 00:56:04,520
Speaker 25: it's the recent unemployment data. You look at some of

1173
00:56:04,560 --> 00:56:06,920
Speaker 25: the business confidence sentiment that sort of seems slightly out

1174
00:56:06,960 --> 00:56:09,000
Speaker 25: of wat with some of the economic indicators at the moment.

1175
00:56:09,040 --> 00:56:11,959
Speaker 25: So I think, you know, keeping things pretty steady makes

1176
00:56:11,960 --> 00:56:14,000
Speaker 25: a lot of sense. It's going to be very intriguing

1177
00:56:14,040 --> 00:56:18,040
Speaker 25: to see how that the forecast of the projection forward

1178
00:56:18,120 --> 00:56:21,280
Speaker 25: change over the next few months, knowing now that the

1179
00:56:21,400 --> 00:56:25,520
Speaker 25: RBNZ is probably looking more likely than not to start

1180
00:56:25,640 --> 00:56:28,440
Speaker 25: raising rates at about election time, which could be very

1181
00:56:28,440 --> 00:56:29,799
Speaker 25: interesting and it will be a bit of a battle

1182
00:56:29,800 --> 00:56:32,879
Speaker 25: of the narratives. But yeah, today are pretty solid first

1183
00:56:32,880 --> 00:56:33,920
Speaker 25: out thing for the new government.

1184
00:56:34,480 --> 00:56:36,680
Speaker 3: Listen, remissive me not to get your take on what

1185
00:56:36,760 --> 00:56:38,960
Speaker 3: David Seymour just said, Tim, did it sound to you

1186
00:56:39,080 --> 00:56:42,279
Speaker 3: like there is just a bit of a possibility there

1187
00:56:42,600 --> 00:56:45,160
Speaker 3: that the entire coalition government may drop this idea of

1188
00:56:45,200 --> 00:56:45,920
Speaker 3: the gas levee.

1189
00:56:47,360 --> 00:56:47,560
Speaker 2: Yeah.

1190
00:56:47,640 --> 00:56:51,000
Speaker 4: I felt like he was having a bit both ways.

1191
00:56:51,200 --> 00:56:54,160
Speaker 4: So so I'm not I'm not quite sure that the

1192
00:56:54,200 --> 00:56:56,799
Speaker 4: coalition is going to do a U turn just yet.

1193
00:56:57,040 --> 00:57:01,520
Speaker 4: My understanding though, is that this this LNG plant won't

1194
00:57:01,560 --> 00:57:05,360
Speaker 4: necessarily lower domestic power prices. It's sort of insurance for

1195
00:57:05,400 --> 00:57:08,800
Speaker 4: those those years. I guess if there's more power available

1196
00:57:08,840 --> 00:57:12,399
Speaker 4: that might bring prices down, but it's pretty slow, slow walks.

1197
00:57:12,400 --> 00:57:14,680
Speaker 25: I think the argument is that they will will lower

1198
00:57:14,719 --> 00:57:19,200
Speaker 25: the prices relative to relying on a gas supply in

1199
00:57:19,200 --> 00:57:22,720
Speaker 25: New Zealand that is dwindling and potentially inconsistency, you know,

1200
00:57:22,800 --> 00:57:25,080
Speaker 25: so relative to the big surges that you saw in

1201
00:57:25,120 --> 00:57:27,360
Speaker 25: winter eighteen months ago. I think I think that's the

1202
00:57:27,480 --> 00:57:31,280
Speaker 25: argument at the moment. Look, Look, I think he was

1203
00:57:31,280 --> 00:57:33,920
Speaker 25: positioning himself to say, if there was a huge public

1204
00:57:34,000 --> 00:57:37,720
Speaker 25: backlash against the proposed levy, then the government might be

1205
00:57:37,840 --> 00:57:41,080
Speaker 25: forced to look at an alternative funding mechanism. I don't

1206
00:57:41,080 --> 00:57:43,720
Speaker 25: think from what we've seen so far, there is a

1207
00:57:43,720 --> 00:57:46,840
Speaker 25: sufficient public backlash, and I don't think the ACT Party

1208
00:57:46,840 --> 00:57:50,280
Speaker 25: would be willing to destabilize the government going into an

1209
00:57:50,280 --> 00:57:51,800
Speaker 25: election over that.

1210
00:57:51,760 --> 00:57:53,720
Speaker 3: On Jack, because we haven't seen any polling at all, have.

1211
00:57:53,720 --> 00:58:01,080
Speaker 25: We Well, I just I mean just vibes, essy n

1212
00:58:01,120 --> 00:58:04,480
Speaker 25: empirical data. But that could change, and especially hitting you know,

1213
00:58:04,520 --> 00:58:06,440
Speaker 25: over the next couple of months with the election and

1214
00:58:06,480 --> 00:58:09,280
Speaker 25: the you know, and they're not too distant future, you

1215
00:58:09,320 --> 00:58:11,120
Speaker 25: can imagine people being a whole Lop white team.

1216
00:58:12,120 --> 00:58:15,960
Speaker 4: Here's the deal, here's the deal. There's a there's actually

1217
00:58:16,000 --> 00:58:18,720
Speaker 4: a mechanism available right now text nine two nine two.

1218
00:58:18,800 --> 00:58:20,760
Speaker 4: Let's fire up the ZB text machine and see what

1219
00:58:21,320 --> 00:58:21,680
Speaker 4: they say.

1220
00:58:22,600 --> 00:58:25,120
Speaker 3: Let's let's do better than Jack's vibes and see what

1221
00:58:25,160 --> 00:58:27,200
Speaker 3: we actually think. Do we hate the gas tax? I'll

1222
00:58:27,200 --> 00:58:29,000
Speaker 3: take that. Okay, we'll take a break as well to

1223
00:58:29,400 --> 00:58:31,600
Speaker 3: the huddle. And I don't know if I'm going to

1224
00:58:31,640 --> 00:58:32,800
Speaker 3: thank Tim for this quarter.

1225
00:58:32,640 --> 00:58:37,440
Speaker 1: Two the huddle with New Zealand Southeby's International Realty, the

1226
00:58:37,480 --> 00:58:39,160
Speaker 1: only truly global brand.

1227
00:58:39,360 --> 00:58:41,320
Speaker 3: Right, we're back of the huddle, Tim Wilson, Jack Tame here.

1228
00:58:41,400 --> 00:58:45,120
Speaker 3: You guys go hate the gas tax, hate it. We

1229
00:58:45,160 --> 00:58:48,400
Speaker 3: need gas sell sell sell, which I'm assuming means sell

1230
00:58:48,440 --> 00:58:52,840
Speaker 3: the assets, hate the tax, hate the tax. The gas

1231
00:58:52,880 --> 00:58:55,080
Speaker 3: tax is fair and reasonable. I don't know what this

1232
00:58:55,200 --> 00:58:56,920
Speaker 3: majority hating it isn't it, Jack.

1233
00:58:56,760 --> 00:58:59,320
Speaker 25: I'm surprised that anyone is supportive of the gas tax.

1234
00:58:59,440 --> 00:59:01,760
Speaker 25: No one likes a gas tax. It's just the question

1235
00:59:01,840 --> 00:59:05,000
Speaker 25: is whether or not it's sufficient enough to meaning Felicia

1236
00:59:05,080 --> 00:59:07,840
Speaker 25: to dial in terms of political support in order for

1237
00:59:07,880 --> 00:59:09,200
Speaker 25: a government to change his position.

1238
00:59:09,440 --> 00:59:11,440
Speaker 4: Yeah, that's a good point, Jack.

1239
00:59:11,600 --> 00:59:13,800
Speaker 3: Yeah, I don't know if it's big enough. But I

1240
00:59:13,840 --> 00:59:14,960
Speaker 3: think a lot of people hate it, But I don't

1241
00:59:14,960 --> 00:59:16,760
Speaker 3: know if it's big enough. Now, Tim, how do you

1242
00:59:16,880 --> 00:59:18,920
Speaker 3: feel about us needing to get a little bit lea

1243
00:59:19,000 --> 00:59:21,360
Speaker 3: squeamish and just start killing dangerous dogs.

1244
00:59:22,240 --> 00:59:22,439
Speaker 7: Yeah?

1245
00:59:22,480 --> 00:59:26,240
Speaker 4: Look hergery to Tory, and I agree dangerous dogs should

1246
00:59:26,280 --> 00:59:30,280
Speaker 4: definitely meet the consequences of their behavior. But I want

1247
00:59:30,320 --> 00:59:32,560
Speaker 4: to go for the owners as well, and I think

1248
00:59:32,600 --> 00:59:35,439
Speaker 4: that's that's also a problem. Like the Dog Control Acts

1249
00:59:35,720 --> 00:59:38,919
Speaker 4: of ninety ninety six, Section fifty eight. Obviously, I've looked

1250
00:59:38,920 --> 00:59:41,320
Speaker 4: this up. The owner of any dog that causes any

1251
00:59:41,360 --> 00:59:45,480
Speaker 4: person tax any person causes a serious injury to any person.

1252
00:59:45,760 --> 00:59:49,200
Speaker 4: It actually doesn't address deaths caused by dogs and so

1253
00:59:49,320 --> 00:59:51,320
Speaker 4: that needs to be looked at as well. So we've

1254
00:59:51,320 --> 00:59:52,800
Speaker 4: got we've got a two fold approach here.

1255
00:59:52,840 --> 00:59:54,920
Speaker 3: Yeah, which do you think is going to be more effective?

1256
00:59:54,960 --> 00:59:55,120
Speaker 5: Though?

1257
00:59:55,200 --> 00:59:55,400
Speaker 9: Jack?

1258
00:59:55,520 --> 00:59:57,480
Speaker 3: Is it killing the dog or punishing the owner?

1259
00:59:58,680 --> 00:59:58,760
Speaker 5: Do?

1260
00:59:58,960 --> 01:00:02,080
Speaker 25: I actually wonder The funny thing about deterrence is that

1261
01:00:02,120 --> 01:00:04,200
Speaker 25: I feel like, if you are so responsible that you

1262
01:00:04,240 --> 01:00:07,840
Speaker 25: are letting really dangerous dogs roam everywhere, actually you're the

1263
01:00:07,920 --> 01:00:09,760
Speaker 25: kind of person who's not going to be paying much

1264
01:00:09,760 --> 01:00:12,480
Speaker 25: attention to a change in the law which will enhance

1265
01:00:12,480 --> 01:00:14,560
Speaker 25: the penalties against you, you know, which is why I think

1266
01:00:14,680 --> 01:00:18,959
Speaker 25: actually a much stricter position on dogs, you know, makes

1267
01:00:19,400 --> 01:00:21,840
Speaker 25: total sense. I mean, for the most part, I think

1268
01:00:21,840 --> 01:00:25,880
Speaker 25: the vast majority of dog owners are totally responsible people.

1269
01:00:25,920 --> 01:00:28,080
Speaker 25: But there are some people, and you just see them

1270
01:00:28,120 --> 01:00:29,960
Speaker 25: every now and then, and it's like, how on earth

1271
01:00:30,400 --> 01:00:34,000
Speaker 25: can you be comfortable with that a dog of that

1272
01:00:34,160 --> 01:00:38,240
Speaker 25: breed unsecured roaming around? It's really freaky.

1273
01:00:38,760 --> 01:00:41,800
Speaker 4: But here's the deal, Like that, sure that, you know,

1274
01:00:42,080 --> 01:00:46,320
Speaker 4: you destroy that dog and then then the schmuck goes

1275
01:00:46,360 --> 01:00:49,120
Speaker 4: and gets another dog and behaves in exactly the same way,

1276
01:00:49,280 --> 01:00:51,080
Speaker 4: and we're back where we started for it, Which does.

1277
01:00:50,960 --> 01:00:52,720
Speaker 3: Ten bring us to your point right, you kill the

1278
01:00:52,720 --> 01:00:55,640
Speaker 3: dog and then you put a ban on that person

1279
01:00:55,680 --> 01:00:57,760
Speaker 3: ever owning a dog again, or whatever the decision is,

1280
01:00:57,800 --> 01:00:59,960
Speaker 3: so that if you find that they have got another dog,

1281
01:01:00,080 --> 01:01:02,360
Speaker 3: you don't need to worry about whether that dog doesn't attack.

1282
01:01:02,400 --> 01:01:04,160
Speaker 3: You just take the dog off them immediately because they're

1283
01:01:04,160 --> 01:01:05,000
Speaker 3: not supposed to have one.

1284
01:01:05,720 --> 01:01:09,360
Speaker 9: Yeah, So that is that's perfectly reasonable, and that that.

1285
01:01:09,320 --> 01:01:11,400
Speaker 3: Does go some way to making the argument you've got

1286
01:01:11,440 --> 01:01:12,640
Speaker 3: to go for the owner and the dog at the

1287
01:01:12,640 --> 01:01:15,880
Speaker 3: same time. Now, Jack, is it a controversial call to

1288
01:01:15,920 --> 01:01:18,080
Speaker 3: say the Foo Fighters are the greatest rock band of

1289
01:01:18,080 --> 01:01:18,720
Speaker 3: their generation?

1290
01:01:22,680 --> 01:01:24,560
Speaker 25: No, I think it's a pretty good call.

1291
01:01:24,640 --> 01:01:25,280
Speaker 11: You know what they are.

1292
01:01:25,640 --> 01:01:29,040
Speaker 25: They are a Goldilocks band. Like they're hard, but they're

1293
01:01:29,040 --> 01:01:31,600
Speaker 25: not too hard. They're not like system of a down hard,

1294
01:01:31,640 --> 01:01:33,959
Speaker 25: you know what I mean. So they're like, I feel

1295
01:01:34,000 --> 01:01:36,840
Speaker 25: like they've got a real kind of cross generational appeal.

1296
01:01:37,280 --> 01:01:39,520
Speaker 25: So if you were, if you were to have a

1297
01:01:39,560 --> 01:01:44,000
Speaker 25: preferential vote across rock fans worldwide, I think this very

1298
01:01:44,160 --> 01:01:46,800
Speaker 25: very good likelihood that the Foo Fighters have come in

1299
01:01:46,920 --> 01:01:48,360
Speaker 25: number one or very near to it.

1300
01:01:48,440 --> 01:01:53,160
Speaker 4: Quite tim absolute load of complete rubbish. And let's talk

1301
01:01:53,160 --> 01:01:55,400
Speaker 4: about credentials to weigh in on this four a start.

1302
01:01:55,720 --> 01:01:57,920
Speaker 4: I was listening to the Foo Fighters with my four

1303
01:01:58,000 --> 01:02:01,840
Speaker 4: year old oh Na nana poopo. That says nothing about

1304
01:02:01,880 --> 01:02:04,200
Speaker 4: you note quoting our three year old here. That says

1305
01:02:04,240 --> 01:02:07,240
Speaker 4: nothing about your ability to discern true rock and roll.

1306
01:02:07,520 --> 01:02:09,920
Speaker 4: My hair was halfway down my back in the eighties

1307
01:02:09,960 --> 01:02:12,160
Speaker 4: and I was playing motor head on my squash racket.

1308
01:02:12,240 --> 01:02:16,880
Speaker 4: So here's the deal. Foo Fighters rubbish, Kurt Copaine, Cobain

1309
01:02:17,040 --> 01:02:20,320
Speaker 4: is everything. Grole doesn't have the poetic flourish that someone

1310
01:02:20,400 --> 01:02:23,480
Speaker 4: like Kurt Hag has. You want dog sausage, you go

1311
01:02:23,520 --> 01:02:25,280
Speaker 4: to Groll, you want salami.

1312
01:02:25,480 --> 01:02:29,320
Speaker 3: It's but if you want poet poetic flourished, listen to

1313
01:02:29,400 --> 01:02:32,000
Speaker 3: poetry and we're not. We're not tuning into it to

1314
01:02:32,040 --> 01:02:33,280
Speaker 3: hear somebody be all like.

1315
01:02:39,480 --> 01:02:41,600
Speaker 25: And the food Fighters of different generations.

1316
01:02:41,800 --> 01:02:45,160
Speaker 3: They are of different generations. No, but what I did

1317
01:02:45,320 --> 01:02:48,240
Speaker 3: was I then doubled down and also said Dave Grohl

1318
01:02:48,600 --> 01:02:52,000
Speaker 3: is much much better than Kirk Cobain, who's completely overhyped.

1319
01:02:53,120 --> 01:02:55,560
Speaker 4: No, well, I don't want to stream.

1320
01:02:55,920 --> 01:02:58,800
Speaker 25: Kurt Cobain benefits from the infame that comes from an

1321
01:02:58,880 --> 01:03:01,880
Speaker 25: untimely death. But Kirk Cobain probably does to a certain

1322
01:03:01,920 --> 01:03:04,520
Speaker 25: extent benefit from the infemy that comes from an untimely dear,

1323
01:03:05,200 --> 01:03:07,080
Speaker 25: which is not to say I don't think he was

1324
01:03:07,400 --> 01:03:10,080
Speaker 25: an incredibly gifted artist. But you know there's something kind

1325
01:03:10,080 --> 01:03:11,040
Speaker 25: of eternal, isn't there.

1326
01:03:11,360 --> 01:03:12,760
Speaker 2: Is he in the twenty seven club?

1327
01:03:13,000 --> 01:03:15,360
Speaker 3: Yes he is. He is in the twenty seven Go yeah,

1328
01:03:15,400 --> 01:03:18,000
Speaker 3: and here's another one for you, Tim, somebody else in

1329
01:03:18,080 --> 01:03:20,000
Speaker 3: the twenty seven club. Just to add to Jack's point,

1330
01:03:20,080 --> 01:03:23,480
Speaker 3: Jim Morrison completely overrated. I mean, yeah, he was a

1331
01:03:23,520 --> 01:03:26,360
Speaker 3: hot babe, but as songs it kind of sucked.

1332
01:03:27,320 --> 01:03:28,080
Speaker 2: No, they don't.

1333
01:03:28,160 --> 01:03:31,880
Speaker 4: No, boy, Okay, you just opened up a candle walk past.

1334
01:03:31,960 --> 01:03:34,480
Speaker 4: Let's see what nine two nine two as to say

1335
01:03:34,520 --> 01:03:37,600
Speaker 4: about you denigrating Jim Morrison and the doors go for

1336
01:03:37,680 --> 01:03:38,320
Speaker 4: your life.

1337
01:03:38,320 --> 01:03:38,880
Speaker 2: New Zealand.

1338
01:03:39,160 --> 01:03:41,840
Speaker 3: Thank you, Tim, appreciate it. Lads, Thanks very much. Have

1339
01:03:41,840 --> 01:03:44,440
Speaker 3: a lovely evening, Jack Tame Tim Wilson. Actually, while I

1340
01:03:44,560 --> 01:03:47,479
Speaker 3: was listening to The Food Fighters with the four year old,

1341
01:03:47,880 --> 01:03:50,040
Speaker 3: I explained this is the Food Fighters again, and then

1342
01:03:50,040 --> 01:03:52,080
Speaker 3: he said to me, Mummy, why were they fighting the

1343
01:03:52,120 --> 01:03:55,000
Speaker 3: food I don't think any of us know. Seven away from.

1344
01:03:54,880 --> 01:03:57,280
Speaker 2: Six it's the Heather Duple.

1345
01:03:57,360 --> 01:04:01,480
Speaker 1: See Allen Drive Full show podcast Hard radio powered by

1346
01:04:01,560 --> 01:04:04,000
Speaker 1: News TALKSBI here.

1347
01:04:04,040 --> 01:04:06,160
Speaker 3: The foo fighters is a term used during World War

1348
01:04:06,200 --> 01:04:09,120
Speaker 3: II to classify UFOs. Thank you, Now I can go

1349
01:04:09,160 --> 01:04:11,160
Speaker 3: back and explicit. Then I can't go back and explain this,

1350
01:04:11,160 --> 01:04:12,640
Speaker 3: because and then I'm gonna have to start opening up

1351
01:04:12,640 --> 01:04:15,800
Speaker 3: a conversation about UFOs, aren't I and I think we're

1352
01:04:15,840 --> 01:04:19,600
Speaker 3: already just we're sort of we're trying to explain ghosts

1353
01:04:19,600 --> 01:04:22,360
Speaker 3: at the moment, so I don't need UFOs popping up

1354
01:04:22,360 --> 01:04:26,600
Speaker 3: in our dreams. Four away from six now told you yesterday,

1355
01:04:26,640 --> 01:04:28,440
Speaker 3: keep an eye on what's been What's going on with

1356
01:04:28,480 --> 01:04:32,640
Speaker 3: this ISIS camp, the Roge camp over in Syria. It

1357
01:04:32,760 --> 01:04:35,040
Speaker 3: now is getting a little bit more complicated with the

1358
01:04:35,040 --> 01:04:38,400
Speaker 3: ISIS brides trying to get back to Australia. The Albaneze

1359
01:04:38,440 --> 01:04:41,080
Speaker 3: government has slapped a temporary ban on one of them.

1360
01:04:41,200 --> 01:04:43,360
Speaker 3: She's not going to be able to come back presumably

1361
01:04:43,400 --> 01:04:46,000
Speaker 3: with whatever kids, whatever number of kids she's got there.

1362
01:04:46,320 --> 01:04:50,240
Speaker 3: So there are eleven ISIS linked women, twenty three children.

1363
01:04:50,640 --> 01:04:52,960
Speaker 3: One is temporarily banned, and three of the women are

1364
01:04:52,960 --> 01:04:55,320
Speaker 3: considered high risk. And this is going to blow up

1365
01:04:55,320 --> 01:04:58,720
Speaker 3: into potentially quite a big political issue over there. Now,

1366
01:04:58,720 --> 01:05:00,600
Speaker 3: what about this I've got to tell about this kid.

1367
01:05:00,600 --> 01:05:02,040
Speaker 3: I was reading about this kid in the newspapers that

1368
01:05:02,120 --> 01:05:05,080
Speaker 3: I thought, you're a legend, aren't you? Stamers Rupert Heslop

1369
01:05:05,400 --> 01:05:08,400
Speaker 3: Ducks at Havelock North High last year he did so

1370
01:05:08,520 --> 01:05:10,760
Speaker 3: well in his scholarship exams at the end of the

1371
01:05:10,840 --> 01:05:12,920
Speaker 3: year that he's going to receive one of those awards

1372
01:05:12,920 --> 01:05:15,120
Speaker 3: that they get from the Prime Minister. There's thirteen New

1373
01:05:15,240 --> 01:05:18,680
Speaker 3: Zealand Premier Scholarship winners and he's going to get one

1374
01:05:18,720 --> 01:05:23,000
Speaker 3: because he's received outstanding scholarships in accounting, chemistry and statistics,

1375
01:05:23,040 --> 01:05:26,440
Speaker 3: and then additional scholarships and biology, calculus and physics. It

1376
01:05:26,560 --> 01:05:28,920
Speaker 3: wasn't an accident and it's not just his brains. He

1377
01:05:28,960 --> 01:05:30,960
Speaker 3: got his results back at the end of year eleven,

1378
01:05:31,320 --> 01:05:33,320
Speaker 3: thought I'd it better than expect it. If I work

1379
01:05:33,320 --> 01:05:35,360
Speaker 3: at this, I could become the Ducks. So he set

1380
01:05:35,400 --> 01:05:37,600
Speaker 3: the goal of being the Ducks and then he would

1381
01:05:37,600 --> 01:05:41,320
Speaker 3: go to school every Tuesday at seven point thirty, meet

1382
01:05:41,360 --> 01:05:44,400
Speaker 3: his deputy principal and start preparing for his scholarship exams.

1383
01:05:44,640 --> 01:05:47,920
Speaker 3: Isn't that dedication? That's incredible a anyway, So he's off

1384
01:05:47,960 --> 01:05:51,600
Speaker 3: to Auckland University for a biomedical science degree and if

1385
01:05:51,600 --> 01:05:53,520
Speaker 3: he carries on the way, he's going to be outstanding

1386
01:05:53,520 --> 01:05:56,479
Speaker 3: in the future, isn't he? Spark Boss with us next

1387
01:05:56,520 --> 01:05:59,440
Speaker 3: on what's going on with the economic recovery Newstalk ZB.

1388
01:06:01,280 --> 01:06:02,200
Speaker 4: I don't pay.

1389
01:06:06,200 --> 01:06:17,480
Speaker 1: Back were Business Who meets Insight the Business Hour with

1390
01:06:17,640 --> 01:06:21,160
Speaker 1: Heather duple c Allen and Mas Insurance and Investments.

1391
01:06:21,320 --> 01:06:24,440
Speaker 2: Your futures in good hands, Us talks b.

1392
01:06:26,120 --> 01:06:28,280
Speaker 3: Even in coming up in the next hour Milford Massett

1393
01:06:28,280 --> 01:06:30,919
Speaker 3: management will talk us through the company reports today, Jeanne

1394
01:06:31,040 --> 01:06:33,360
Speaker 3: tib Shraney will talk us through that OCR decision and

1395
01:06:33,400 --> 01:06:35,720
Speaker 3: then Gavin Gray is with us out of the UK

1396
01:06:35,920 --> 01:06:38,920
Speaker 3: right now, it's seven past six now. Spark has rebounded

1397
01:06:38,920 --> 01:06:41,840
Speaker 3: from its disastrous first half year last year. Its net

1398
01:06:41,840 --> 01:06:45,120
Speaker 3: profit has nearly doubled to sixty four million dollars. Unfortunately,

1399
01:06:45,160 --> 01:06:48,160
Speaker 3: it is still short of analyst expectations of closer to

1400
01:06:48,160 --> 01:06:50,720
Speaker 3: one hundred million. Jolly Hodson is the chief executive. Hi,

1401
01:06:50,840 --> 01:06:52,960
Speaker 3: Joli Hi. He that you must be relieved to get

1402
01:06:53,000 --> 01:06:55,160
Speaker 3: a decent one out of the way. I'm really placed.

1403
01:06:55,200 --> 01:06:57,440
Speaker 26: I think we've had a step up in the business

1404
01:06:57,440 --> 01:06:59,080
Speaker 26: and we're really delivered on the things that we said

1405
01:06:59,080 --> 01:06:59,720
Speaker 26: we do last year.

1406
01:06:59,800 --> 01:07:02,080
Speaker 3: Yeah, now you're seen as something of a bell weather

1407
01:07:02,120 --> 01:07:04,240
Speaker 3: as well for the economy. So what are you seeing

1408
01:07:04,280 --> 01:07:04,680
Speaker 3: out there?

1409
01:07:05,160 --> 01:07:06,920
Speaker 26: Look, I think it's make still, but I think I

1410
01:07:06,920 --> 01:07:09,840
Speaker 26: feel like the economy sort of finding its footing. I

1411
01:07:09,840 --> 01:07:12,160
Speaker 26: can say that like that consumer, we're starting to see

1412
01:07:12,200 --> 01:07:14,600
Speaker 26: some improvement. I think in business there's still a bit

1413
01:07:14,640 --> 01:07:18,120
Speaker 26: of low spind happening, but as I look forward, I'm

1414
01:07:18,120 --> 01:07:18,920
Speaker 26: positive about that.

1415
01:07:18,960 --> 01:07:20,960
Speaker 3: Outlook, what's going on? Is there still a bit of caution?

1416
01:07:21,720 --> 01:07:23,160
Speaker 3: I think so in terms.

1417
01:07:22,920 --> 01:07:26,800
Speaker 26: Of that, and different sectors are experiencing different things and

1418
01:07:26,840 --> 01:07:29,920
Speaker 26: so the recovery is not the same for everyone. But

1419
01:07:30,160 --> 01:07:33,080
Speaker 26: when I look at activity, whether it's like new iPhone

1420
01:07:33,120 --> 01:07:35,160
Speaker 26: launch or things like that, we have seen a bigger

1421
01:07:35,160 --> 01:07:36,880
Speaker 26: pick up in those sorts of things. So what do

1422
01:07:36,920 --> 01:07:38,800
Speaker 26: you How long do you reckon it's going to take

1423
01:07:38,880 --> 01:07:40,640
Speaker 26: us to get back to what we would have considered

1424
01:07:40,680 --> 01:07:43,560
Speaker 26: a level of normal pre pandemic. Oh, I need a

1425
01:07:43,640 --> 01:07:44,880
Speaker 26: pretty good crystal.

1426
01:07:44,560 --> 01:07:46,560
Speaker 3: Ball for that one. Hither is it this year?

1427
01:07:46,640 --> 01:07:46,840
Speaker 7: Though?

1428
01:07:46,880 --> 01:07:50,160
Speaker 26: Because you get you know, as you go down through

1429
01:07:50,520 --> 01:07:53,040
Speaker 26: calendar twenty six, I think you're still probably a little

1430
01:07:53,040 --> 01:07:55,040
Speaker 26: bit towards the end, but there are some promising signs

1431
01:07:55,040 --> 01:07:58,080
Speaker 26: and ultimately sumer confidence is an important part of that.

1432
01:07:58,280 --> 01:07:58,480
Speaker 20: Yeah.

1433
01:07:58,720 --> 01:08:01,280
Speaker 26: Yeah, and so I think it's making sure that businesses

1434
01:08:01,280 --> 01:08:04,440
Speaker 26: were investing, which we are and we're still innovating and

1435
01:08:04,480 --> 01:08:05,040
Speaker 26: doing new things.

1436
01:08:05,080 --> 01:08:05,960
Speaker 3: I think that's part of.

1437
01:08:05,920 --> 01:08:09,680
Speaker 26: How we left forward as a as a country.

1438
01:08:09,680 --> 01:08:09,919
Speaker 2: Really.

1439
01:08:10,080 --> 01:08:12,360
Speaker 3: Yeah. Now, let's talk about your business a little bit.

1440
01:08:12,400 --> 01:08:14,960
Speaker 3: To see you're losing a bit of market share with

1441
01:08:15,000 --> 01:08:16,840
Speaker 3: the mobiles. What's happened there, Well.

1442
01:08:16,760 --> 01:08:18,599
Speaker 26: If you look at the mobile revenues, we actually grow

1443
01:08:18,600 --> 01:08:20,880
Speaker 26: our revenues one point six percent, which is up on

1444
01:08:20,920 --> 01:08:24,000
Speaker 26: the prior period. Small, but we're market leader by some

1445
01:08:24,240 --> 01:08:27,599
Speaker 26: distance in terms of about five cheer points there. And

1446
01:08:27,760 --> 01:08:30,320
Speaker 26: we did see some competition and around sort of envy

1447
01:08:30,360 --> 01:08:33,879
Speaker 26: and o which is more of your maybe energy bundles

1448
01:08:33,960 --> 01:08:34,519
Speaker 26: and things like that.

1449
01:08:34,600 --> 01:08:38,799
Speaker 3: Oh yeah yeah, and so they've nibbled away us this pattern?

1450
01:08:38,920 --> 01:08:39,639
Speaker 3: Is it two degrees?

1451
01:08:39,760 --> 01:08:43,400
Speaker 26: No? No, more like an energy so like a power company.

1452
01:08:43,560 --> 01:08:45,360
Speaker 3: Ohways, see the power company is the one leading the

1453
01:08:45,360 --> 01:08:48,240
Speaker 3: way on this. Oh I see. Okay, the weather, I

1454
01:08:48,240 --> 01:08:50,519
Speaker 3: mean I was thinking about this when the weather was happening.

1455
01:08:50,560 --> 01:08:52,839
Speaker 3: I thought, Okay, we're talking a lot about how people

1456
01:08:53,120 --> 01:08:55,400
Speaker 3: are faring here, but a lot of you guys, there's

1457
01:08:55,400 --> 01:08:57,680
Speaker 3: a fair amount of infrastructure you've got out there has

1458
01:08:57,680 --> 01:08:58,559
Speaker 3: a best you about.

1459
01:08:58,680 --> 01:09:01,120
Speaker 26: So the infrastructure at South Mobile sites and things like

1460
01:09:01,160 --> 01:09:03,200
Speaker 26: that haven't been impacted. But of course we really heavily

1461
01:09:03,200 --> 01:09:06,080
Speaker 26: on power. So when power is impacted, we either have

1462
01:09:06,240 --> 01:09:08,040
Speaker 26: battery back up or we have gen sets going to

1463
01:09:08,040 --> 01:09:10,639
Speaker 26: different sites, and of course that needs to be delivered

1464
01:09:10,640 --> 01:09:12,599
Speaker 26: in a way afraid to cut off and things like that.

1465
01:09:12,600 --> 01:09:15,160
Speaker 26: That does make that challenging. So we focus really hard

1466
01:09:15,320 --> 01:09:17,559
Speaker 26: on working across the industry to make sure we can

1467
01:09:17,560 --> 01:09:20,439
Speaker 26: stand it up, you know, stand up service for everyone

1468
01:09:20,439 --> 01:09:21,320
Speaker 26: as quickly as we can.

1469
01:09:21,880 --> 01:09:24,360
Speaker 3: Are you guys doing things to adapt? Because this is

1470
01:09:24,400 --> 01:09:26,160
Speaker 3: what the conversation is at the moment, right, how do

1471
01:09:26,240 --> 01:09:28,320
Speaker 3: we adapt and prepare ourselves for this to happen on

1472
01:09:28,360 --> 01:09:30,000
Speaker 3: the regular? What are you doing for that?

1473
01:09:30,040 --> 01:09:31,840
Speaker 26: I think if you think about that, we're looking at

1474
01:09:31,880 --> 01:09:34,320
Speaker 26: so battery lives, we're also looking I mean, we work

1475
01:09:34,360 --> 01:09:36,479
Speaker 26: closely with the power industry. Might add as well in

1476
01:09:36,520 --> 01:09:38,320
Speaker 26: terms of when you think about recovery, where are they

1477
01:09:38,320 --> 01:09:39,800
Speaker 26: going to go first? What does that mean we go

1478
01:09:39,840 --> 01:09:44,599
Speaker 26: to separately, So we work across industry. With significant weather event,

1479
01:09:44,720 --> 01:09:47,600
Speaker 26: so you do think about where you build your infrastructure,

1480
01:09:47,640 --> 01:09:50,000
Speaker 26: but the reality is if you're locked across New Zealand

1481
01:09:50,040 --> 01:09:52,880
Speaker 26: in this last few weeks, it's you know, we've had

1482
01:09:52,880 --> 01:09:54,800
Speaker 26: with the events in many places, so it's not like

1483
01:09:54,840 --> 01:09:56,599
Speaker 26: you can say, well, you won't do it there and

1484
01:09:56,640 --> 01:10:00,720
Speaker 26: you need it's critical to everybody commune, locating and living

1485
01:10:00,720 --> 01:10:01,160
Speaker 26: their life.

1486
01:10:01,280 --> 01:10:03,280
Speaker 3: So yeah, for us, it's just really around how do

1487
01:10:03,280 --> 01:10:05,840
Speaker 3: we continue to build resilience but also work closely with

1488
01:10:05,920 --> 01:10:08,800
Speaker 3: other infrastructures to make sure that if we are making

1489
01:10:08,840 --> 01:10:11,559
Speaker 3: investment is sensible across a lot of us. Speaking of

1490
01:10:11,600 --> 01:10:13,880
Speaker 3: which you haven't and you're going to launch this year

1491
01:10:13,920 --> 01:10:17,280
Speaker 3: the mobile to satellite service here is that Starlin, I

1492
01:10:17,320 --> 01:10:20,800
Speaker 3: can't say, Heather, we will say when we launch, we

1493
01:10:20,840 --> 01:10:23,160
Speaker 3: can take from that what we will. How are you

1494
01:10:23,240 --> 01:10:25,000
Speaker 3: finding AI? Because I see one of the things that

1495
01:10:25,000 --> 01:10:28,000
Speaker 3: popped up today was you're finding AI is increasing your productivity?

1496
01:10:28,000 --> 01:10:28,519
Speaker 3: How was that?

1497
01:10:28,840 --> 01:10:28,880
Speaker 13: So?

1498
01:10:28,960 --> 01:10:33,120
Speaker 26: If you look examples like in our contact centers, speeding

1499
01:10:33,200 --> 01:10:36,320
Speaker 26: up information about a customers so that our agents are

1500
01:10:36,360 --> 01:10:38,640
Speaker 26: able to help them better. If you think around we

1501
01:10:38,800 --> 01:10:41,040
Speaker 26: just talked about infrastructure, So some of the things we're

1502
01:10:41,080 --> 01:10:46,519
Speaker 26: trialing right now is AI using that technology to a

1503
01:10:46,640 --> 01:10:48,719
Speaker 26: cell site somewhere make sure if the pal's not required

1504
01:10:48,720 --> 01:10:50,759
Speaker 26: at the same level, that we can adjust it remotely

1505
01:10:50,800 --> 01:10:53,160
Speaker 26: and do those things that you've just been trying it

1506
01:10:53,240 --> 01:10:53,880
Speaker 26: down from it out.

1507
01:10:54,080 --> 01:10:54,800
Speaker 3: Yeah, that's right.

1508
01:10:54,840 --> 01:10:58,680
Speaker 26: And then also looking at coding, you know, things like that,

1509
01:10:59,200 --> 01:11:01,599
Speaker 26: how do we help with natural language? Now you can

1510
01:11:01,640 --> 01:11:04,120
Speaker 26: do a lot more faster. You have so human reviewing

1511
01:11:04,360 --> 01:11:07,080
Speaker 26: what's happening. But it's spreeding up some of the dross

1512
01:11:07,080 --> 01:11:09,120
Speaker 26: as well in terms of the day to day work

1513
01:11:09,160 --> 01:11:11,080
Speaker 26: that people are doing. So we're just looking at it

1514
01:11:11,200 --> 01:11:13,479
Speaker 26: very much now from a processhin ind because of course

1515
01:11:13,520 --> 01:11:15,400
Speaker 26: you just move work down a process if you only

1516
01:11:15,400 --> 01:11:17,280
Speaker 26: focus on one side and don't Yeah, yeah.

1517
01:11:17,439 --> 01:11:20,080
Speaker 3: Do you think that this is the solution to our

1518
01:11:20,120 --> 01:11:23,599
Speaker 3: productivity problem in countries like New Zealand? I think it's

1519
01:11:23,600 --> 01:11:26,160
Speaker 3: certainly something that and I've had someone say to me,

1520
01:11:26,200 --> 01:11:29,400
Speaker 3: why wouldn't you want thirty percent more brain power that

1521
01:11:29,479 --> 01:11:31,320
Speaker 3: you get from something like that or to be able

1522
01:11:31,320 --> 01:11:33,640
Speaker 3: to remove where And I definitely think it's something that

1523
01:11:33,680 --> 01:11:34,559
Speaker 3: we should be adopting.

1524
01:11:34,560 --> 01:11:38,400
Speaker 26: It is happening globally. It will help us with productivity.

1525
01:11:38,520 --> 01:11:40,839
Speaker 26: It's always about finding the things that are really useful

1526
01:11:40,880 --> 01:11:43,920
Speaker 26: though for your organization, and not everyone's the same, so

1527
01:11:43,960 --> 01:11:46,479
Speaker 26: it's about I suppose. But what I would say to

1528
01:11:46,520 --> 01:11:48,240
Speaker 26: people is if you're not testing and trying and really

1529
01:11:48,320 --> 01:11:50,040
Speaker 26: understanding how you could do it, you're going to get

1530
01:11:50,080 --> 01:11:52,479
Speaker 26: left behind because your competitors will be totally jolly.

1531
01:11:52,520 --> 01:11:53,880
Speaker 3: Thank you for coming in. It's been great to chat

1532
01:11:53,920 --> 01:11:54,080
Speaker 3: to you.

1533
01:11:54,120 --> 01:11:54,559
Speaker 26: Thanks Hether.

1534
01:11:55,040 --> 01:11:58,240
Speaker 3: Jollie Hodson, CEO, Chief executive Rother of Spark. Right now,

1535
01:11:58,280 --> 01:12:02,479
Speaker 3: wh it thirteen past six dup for sel Okay, get

1536
01:12:02,479 --> 01:12:04,000
Speaker 3: a load of how big the waves got on the

1537
01:12:04,000 --> 01:12:08,080
Speaker 3: cook Straight earlier this week during the storm. Definitely three stories,

1538
01:12:08,160 --> 01:12:11,760
Speaker 3: they say, possibly up to four. It's slightly contentious because

1539
01:12:11,760 --> 01:12:15,280
Speaker 3: the biggest wave recorded was thirteen point six meters. Think

1540
01:12:15,320 --> 01:12:20,720
Speaker 3: about that, thirteen point six meters. It's a monster. The

1541
01:12:20,800 --> 01:12:24,000
Speaker 3: trouble is the data is unreliable because the boy that's

1542
01:12:24,040 --> 01:12:26,600
Speaker 3: out there measuring the waves actually snapped. The waves are

1543
01:12:26,640 --> 01:12:29,080
Speaker 3: so big it snapped the buoy about half an hour

1544
01:12:29,400 --> 01:12:32,200
Speaker 3: before that big wave was recorded. So officially the wave

1545
01:12:32,240 --> 01:12:34,519
Speaker 3: that came through biggest high, the highest wave that came

1546
01:12:34,560 --> 01:12:37,439
Speaker 3: through before the thing broke is seven point one meters.

1547
01:12:38,280 --> 01:12:41,479
Speaker 3: They definitely say the waves got over ten meters. They

1548
01:12:41,479 --> 01:12:43,760
Speaker 3: can be sure of that, but it may be as

1549
01:12:43,840 --> 01:12:47,200
Speaker 3: high as the thirteen point six meters. That's four stories.

1550
01:12:47,920 --> 01:12:50,080
Speaker 3: Look at Just look at you. If you're I'm surrounded

1551
01:12:50,080 --> 01:12:52,000
Speaker 3: by buildings right now, as I'm looking outside looking at

1552
01:12:52,040 --> 01:12:55,479
Speaker 3: where four stories is man alive. You wouldn't want to

1553
01:12:55,479 --> 01:12:57,080
Speaker 3: be out on that, will you wouldn't be? But you

1554
01:12:57,080 --> 01:12:59,759
Speaker 3: wouldn't want to be, would you? Fourteen past six.

1555
01:13:00,479 --> 01:13:04,040
Speaker 1: It's the Heather Duplessy Allen Drive Full Show podcast on

1556
01:13:04,160 --> 01:13:09,679
Speaker 1: my Heart Radio, empowered by Newstalks EBB. Crunching the numbers

1557
01:13:09,840 --> 01:13:12,920
Speaker 1: and getting the results. It's Heather Duplessy Allen on the

1558
01:13:13,040 --> 01:13:17,120
Speaker 1: Business Hour with Mass Insurance and Investments, Your futures in

1559
01:13:17,360 --> 01:13:20,240
Speaker 1: good Hands, News Talks edb Uh.

1560
01:13:20,280 --> 01:13:21,880
Speaker 3: If I get a chance, and I'm going to have to,

1561
01:13:22,000 --> 01:13:23,240
Speaker 3: I need to give you a little bit of a

1562
01:13:23,280 --> 01:13:25,599
Speaker 3: heads up of what's going on in Australia with Pauline Hanson,

1563
01:13:25,640 --> 01:13:27,760
Speaker 3: what she's been saying one Nation, what they've been up to.

1564
01:13:28,280 --> 01:13:31,479
Speaker 3: Seventeen past six. Right now, Jeremy Hutton Milford Asset Management

1565
01:13:31,520 --> 01:13:33,760
Speaker 3: is with me, Hi, Jeremy.

1566
01:13:33,800 --> 01:13:34,559
Speaker 5: Good evening, Heather.

1567
01:13:34,840 --> 01:13:36,840
Speaker 3: Right, so we've had a bunch of results. Let's start

1568
01:13:36,880 --> 01:13:40,600
Speaker 3: with Fletcher Building what's the market reaction being to this announcement.

1569
01:13:42,479 --> 01:13:45,519
Speaker 21: Yeah, there was a reasonably subdued reaction today from the

1570
01:13:45,520 --> 01:13:46,840
Speaker 21: market for Fletcher Building.

1571
01:13:46,920 --> 01:13:50,120
Speaker 5: The chef rice was largely flat. I would not have

1572
01:13:50,200 --> 01:13:51,160
Speaker 5: just note that the chef.

1573
01:13:51,000 --> 01:13:53,360
Speaker 21: Rice had had a pretty strong run over the back

1574
01:13:53,360 --> 01:13:55,639
Speaker 21: part of last year. I was up around twenty twenty

1575
01:13:55,640 --> 01:13:59,040
Speaker 21: five percent, and a lot of investors were being early

1576
01:13:59,560 --> 01:14:03,519
Speaker 21: movers on the New Zealand cyclical recovery story. Now, I

1577
01:14:03,520 --> 01:14:05,960
Speaker 21: would note again that the results they're still highlighting that

1578
01:14:06,000 --> 01:14:09,200
Speaker 21: the construction market in New Zealand is still very subdued.

1579
01:14:09,800 --> 01:14:11,720
Speaker 21: So perhaps the share market have got a little bit

1580
01:14:11,960 --> 01:14:16,280
Speaker 21: ahead of itself. But investors are looking really closely at

1581
01:14:16,280 --> 01:14:19,120
Speaker 21: the space. I mean, the listed companies exposed there, flitch

1582
01:14:19,160 --> 01:14:20,920
Speaker 21: As being one of them, are of a lot of

1583
01:14:20,920 --> 01:14:23,559
Speaker 21: interest to see that cyclical recovery, and I think if

1584
01:14:23,560 --> 01:14:25,200
Speaker 21: you see some of that evidence come through in the

1585
01:14:25,200 --> 01:14:27,639
Speaker 21: hard data, then the share prices of these companies should

1586
01:14:27,640 --> 01:14:28,759
Speaker 21: react pretty strongly.

1587
01:14:29,320 --> 01:14:31,679
Speaker 3: They said that they are not expecting things to improve

1588
01:14:31,840 --> 01:14:34,080
Speaker 3: very much until twenty twenty seven, so investors are going

1589
01:14:34,080 --> 01:14:35,200
Speaker 3: to have to be patient, aren't they.

1590
01:14:36,200 --> 01:14:38,599
Speaker 21: Yeah, yeah, they will have to remain patient at this point.

1591
01:14:38,640 --> 01:14:43,240
Speaker 21: I mean, the business has another strategy of just simplifying things,

1592
01:14:43,280 --> 01:14:46,000
Speaker 21: you know, focusing on their core strengths, which is the

1593
01:14:46,000 --> 01:14:49,519
Speaker 21: building materials products. You know, this is hopefully putting a

1594
01:14:49,560 --> 01:14:52,600
Speaker 21: little bit less risk, a bit more predictability into the

1595
01:14:52,600 --> 01:14:55,519
Speaker 21: earnings and in the theory, the market should reward this

1596
01:14:55,640 --> 01:14:58,639
Speaker 21: with a high evaluation. And they have taken some steps

1597
01:14:58,680 --> 01:15:01,280
Speaker 21: towards this. I mean, some of thegacy issues that's plagued

1598
01:15:01,320 --> 01:15:04,599
Speaker 21: the business in the past appear very contained, and they've

1599
01:15:04,600 --> 01:15:06,760
Speaker 21: sold their construction division, which which has been a little

1600
01:15:06,760 --> 01:15:09,280
Speaker 21: bit of a headache. But I think the main thesis

1601
01:15:09,320 --> 01:15:12,200
Speaker 21: for investors they will hope that the economic cycle will

1602
01:15:12,439 --> 01:15:14,519
Speaker 21: improve things from here. But you know, the business is

1603
01:15:14,520 --> 01:15:17,720
Speaker 21: doing a good job, you know, positioning itself to take

1604
01:15:17,760 --> 01:15:18,839
Speaker 21: advantage of any upswing.

1605
01:15:19,000 --> 01:15:19,160
Speaker 9: Yeah.

1606
01:15:19,200 --> 01:15:20,840
Speaker 3: And then on Spark, we were just speaking to the

1607
01:15:20,880 --> 01:15:24,240
Speaker 3: ce as another company that's been struggling. What's the market

1608
01:15:24,240 --> 01:15:25,400
Speaker 3: thinking about this result?

1609
01:15:26,920 --> 01:15:30,519
Speaker 21: Yeah, very in line results from Spark today, and I

1610
01:15:30,560 --> 01:15:34,000
Speaker 21: think given some of the disappointing updates they've had, they'll

1611
01:15:34,000 --> 01:15:37,720
Speaker 21: probably take this one. But they do produce some really

1612
01:15:37,760 --> 01:15:40,240
Speaker 21: interesting read throughs for the wider economy, I mean, the

1613
01:15:40,280 --> 01:15:43,280
Speaker 21: mobile market that's still growing really really slowly. I mean

1614
01:15:43,400 --> 01:15:47,599
Speaker 21: low immigration isn't helping. But also unfortunately for Spark, they

1615
01:15:47,640 --> 01:15:50,080
Speaker 21: do they are still losing a little bit of market

1616
01:15:50,080 --> 01:15:52,840
Speaker 21: share and mobile to cheaper alternatives, so you are you

1617
01:15:52,880 --> 01:15:55,280
Speaker 21: are seeing trading down in the mobile market. And then

1618
01:15:55,720 --> 01:15:59,120
Speaker 21: you know, the business and government spending still pretty weak

1619
01:15:59,160 --> 01:16:01,680
Speaker 21: and continues to pull back, so you know, continues to

1620
01:16:01,760 --> 01:16:05,799
Speaker 21: highlight Kiwi's businesses. They are remaining very tight with their spending.

1621
01:16:05,800 --> 01:16:08,879
Speaker 3: Still, is this the bottom do you think for Spark?

1622
01:16:09,000 --> 01:16:11,160
Speaker 3: Is Spark now an attractive option for investors?

1623
01:16:12,960 --> 01:16:15,360
Speaker 21: Yeah, we'll be attractive to some investors. I mean it's

1624
01:16:15,400 --> 01:16:18,519
Speaker 21: traditionally viewed as a very steady business and that pays

1625
01:16:18,520 --> 01:16:22,440
Speaker 21: a big dividend, and it was important that they've stabilized

1626
01:16:22,439 --> 01:16:24,360
Speaker 21: the financials. I think they've done. One result of this,

1627
01:16:25,400 --> 01:16:28,160
Speaker 21: they're retained therefore earnings guidance and cash flow numbers, so

1628
01:16:28,240 --> 01:16:31,559
Speaker 21: that's important. And as long as they continue to defend

1629
01:16:31,560 --> 01:16:34,280
Speaker 21: that dividend, I mean it is trading it at multi

1630
01:16:34,360 --> 01:16:36,600
Speaker 21: year highs that dividend yield, so that will be attractive

1631
01:16:36,840 --> 01:16:38,479
Speaker 21: and if they can put a string of good results

1632
01:16:38,520 --> 01:16:41,040
Speaker 21: together then it should get back in favor again.

1633
01:16:41,080 --> 01:16:42,639
Speaker 3: That stuff Jeremy. Always good to talk to you. Thank

1634
01:16:42,640 --> 01:16:44,920
Speaker 3: you so much, mate, Jeremy Hutton of Milford Asset Management.

1635
01:16:45,360 --> 01:16:49,559
Speaker 3: Heather waves of twenty meters plus were measured at slung

1636
01:16:49,640 --> 01:16:53,400
Speaker 3: cop Off Cape Town in twenty seventeen and similar before.

1637
01:16:53,720 --> 01:16:55,720
Speaker 3: Basically this is one upping, isn't it. This is like, Oh,

1638
01:16:56,120 --> 01:16:58,120
Speaker 3: I take your thirteen point six met a wave at

1639
01:16:58,120 --> 01:17:00,360
Speaker 3: Wellington and I'll give you a twenty plus a Cape Town.

1640
01:17:00,960 --> 01:17:03,519
Speaker 3: The wave boy. Oh, here's some more. The wave boy

1641
01:17:03,720 --> 01:17:06,280
Speaker 3: has been there for over forty years and survived the storms.

1642
01:17:06,400 --> 01:17:08,599
Speaker 3: It's more one uping. Oh our wave boy in Cape

1643
01:17:08,600 --> 01:17:12,040
Speaker 3: Town lasted its twenty meters, couldn't take it out, and

1644
01:17:12,080 --> 01:17:15,640
Speaker 3: yours kaot at fourteen. Would you know what the problem is?

1645
01:17:15,680 --> 01:17:19,320
Speaker 3: Probably that somebody went there and took out one of

1646
01:17:19,360 --> 01:17:21,160
Speaker 3: the nuts. That'll be what it is. With the guys.

1647
01:17:21,160 --> 01:17:23,280
Speaker 3: When they were finished with the transpower one up north,

1648
01:17:23,320 --> 01:17:24,439
Speaker 3: they went, you know what, we're going to go down

1649
01:17:24,439 --> 01:17:25,880
Speaker 3: to that wave boy. We're going to take out the nuts.

1650
01:17:25,880 --> 01:17:28,479
Speaker 3: So you know we probably planned that six twenty one.

1651
01:17:29,280 --> 01:17:33,240
Speaker 1: Whether it's Macros micro or just plain economics fall on

1652
01:17:33,320 --> 01:17:37,120
Speaker 1: the business hour with had the Dupicila and MAS Insurance

1653
01:17:37,160 --> 01:17:42,439
Speaker 1: and investments, your futures in good hands. News talks v Right.

1654
01:17:42,439 --> 01:17:44,160
Speaker 3: It's twenty three pass six. So this is what is

1655
01:17:44,200 --> 01:17:46,880
Speaker 3: going on with Pauline Hanson over in Australia. She's issued

1656
01:17:46,880 --> 01:17:50,040
Speaker 3: a partial apology today for something that she said earlier

1657
01:17:50,120 --> 01:17:51,720
Speaker 3: in the week, which is suggesting that there were no

1658
01:17:51,800 --> 01:17:55,240
Speaker 3: good Muslims. Now the issue has come up obviously because

1659
01:17:55,280 --> 01:17:57,120
Speaker 3: of what I was what I was talking about earlier,

1660
01:17:57,120 --> 01:17:59,840
Speaker 3: which is the Isis brides trying to get back to Australia.

1661
01:18:00,080 --> 01:18:02,960
Speaker 3: That is going to be a big problem because yeah,

1662
01:18:03,120 --> 01:18:05,400
Speaker 3: it would be pretty controversial to bring them back to

1663
01:18:05,439 --> 01:18:08,880
Speaker 3: any Western country basically a la Shemima Bagham in the

1664
01:18:09,000 --> 01:18:11,280
Speaker 3: UK and how that went anyway. So she went on

1665
01:18:11,320 --> 01:18:13,200
Speaker 3: an interview I think it was with SkyTV and she

1666
01:18:13,280 --> 01:18:16,679
Speaker 3: basically said there is there are no Essentially she inferred

1667
01:18:16,680 --> 01:18:18,840
Speaker 3: there are no good Muslims out there. She has now

1668
01:18:18,880 --> 01:18:21,759
Speaker 3: gone on to apologize for that, saying she doesn't believe

1669
01:18:21,840 --> 01:18:25,040
Speaker 3: that she has a non practicing Muslim woman in one nation.

1670
01:18:25,479 --> 01:18:28,880
Speaker 3: She apologized if she quote offended anyone out there that

1671
01:18:28,920 --> 01:18:31,840
Speaker 3: doesn't believe in Sharia law or multiple marriages or wants

1672
01:18:31,880 --> 01:18:34,000
Speaker 3: to bring Isis brides in or people from Gaza that

1673
01:18:34,040 --> 01:18:36,920
Speaker 3: believe in a caliphate and then added in general that

1674
01:18:37,040 --> 01:18:39,040
Speaker 3: is what they want a world calivate. And I'm not

1675
01:18:39,040 --> 01:18:41,200
Speaker 3: going to apologize. I will have my say now before

1676
01:18:41,240 --> 01:18:43,840
Speaker 3: it's too late, which you know is very much a

1677
01:18:43,880 --> 01:18:46,720
Speaker 3: partial apology, isn't it. She has also gone on to

1678
01:18:46,760 --> 01:18:51,040
Speaker 3: say that there is parts of Australia where Western people

1679
01:18:51,080 --> 01:18:54,360
Speaker 3: can't go, and she was referencing Lakember which is in

1680
01:18:54,640 --> 01:18:58,519
Speaker 3: Sydney's southwest and basically suggesting it is now, you know,

1681
01:18:58,560 --> 01:19:02,559
Speaker 3: so full of people of you know, the Muslim faith

1682
01:19:02,720 --> 01:19:05,840
Speaker 3: that no one else wants to go there. Anyway. If

1683
01:19:05,880 --> 01:19:07,559
Speaker 3: you listen to this and you go, oh that's it

1684
01:19:07,560 --> 01:19:10,799
Speaker 3: for one one nation, oh they're going to in the pulse,

1685
01:19:11,320 --> 01:19:13,679
Speaker 3: mark my words, it's going to have the opposite effect

1686
01:19:14,000 --> 01:19:17,280
Speaker 3: because the situation in Australia is now I think so.

1687
01:19:17,960 --> 01:19:21,200
Speaker 3: I mean, the people in Australia are so ill tempered

1688
01:19:21,240 --> 01:19:24,880
Speaker 3: towards each other and towards migrants that I suspect that

1689
01:19:24,960 --> 01:19:27,880
Speaker 3: one nation getting more and more opportunity to basically send

1690
01:19:27,880 --> 01:19:30,160
Speaker 3: their messages out there the Australia. There is going to

1691
01:19:30,160 --> 01:19:32,599
Speaker 3: be a proportion of the Australian vote that loves it

1692
01:19:32,680 --> 01:19:35,320
Speaker 3: one nation, if you've seen the polls, is already level

1693
01:19:35,360 --> 01:19:38,439
Speaker 3: pegging with the Liberals and the Nationals. So just watch

1694
01:19:38,479 --> 01:19:40,759
Speaker 3: where this goes. And I think for anybody who would

1695
01:19:40,760 --> 01:19:43,439
Speaker 3: like to see, you know, peace among peoples, it's probably

1696
01:19:43,520 --> 01:19:45,519
Speaker 3: it's probably a little bit of a worrying sign, isn't it.

1697
01:19:45,560 --> 01:19:46,360
Speaker 3: Six twenty six?

1698
01:19:47,040 --> 01:19:55,599
Speaker 1: There's no business like show business.

1699
01:19:53,360 --> 01:19:57,720
Speaker 3: There Hannah Montana. I know Miley Cyrus swallowing her pride

1700
01:19:57,760 --> 01:19:59,800
Speaker 3: and she's getting back together with Disney. The singer got

1701
01:19:59,800 --> 01:20:01,880
Speaker 3: her start on Hannah Montana, if you remember, which is

1702
01:20:01,920 --> 01:20:04,360
Speaker 3: a kid show about an ordinary high school girl with

1703
01:20:04,400 --> 01:20:07,120
Speaker 3: a secret identity as the world's biggest pop star. Now,

1704
01:20:07,160 --> 01:20:08,760
Speaker 3: if I had to ask you how long ago it

1705
01:20:08,800 --> 01:20:10,960
Speaker 3: was that Hannah Montana first aired on TV, what would

1706
01:20:11,000 --> 01:20:14,639
Speaker 3: you say? Whatever you said, it's wrong. It's been twenty years.

1707
01:20:14,960 --> 01:20:18,200
Speaker 3: So if you remember Hannah Montana first airing, it's probably time.

1708
01:20:19,280 --> 01:20:22,680
Speaker 3: It's probably time to realize you're a full grown adult now.

1709
01:20:22,840 --> 01:20:25,280
Speaker 3: But to celebrate the twentieth anniversary of the show, Miley

1710
01:20:25,280 --> 01:20:27,439
Speaker 3: Cyrus and Disney have decided to play nice and make

1711
01:20:27,479 --> 01:20:30,439
Speaker 3: a special reunion episode for Disney. Plus, it's going to

1712
01:20:30,479 --> 01:20:32,519
Speaker 3: be filmed in front of a live studio audience. It's

1713
01:20:32,520 --> 01:20:35,400
Speaker 3: going to include interviews with Cyrus, recreations of the show's

1714
01:20:35,520 --> 01:20:38,879
Speaker 3: iconic sets like the Malibu Beach House and the Hannah closet,

1715
01:20:38,920 --> 01:20:40,880
Speaker 3: and all of the outfits and wigs that she wore

1716
01:20:40,920 --> 01:20:44,760
Speaker 3: over the years. They've also hinted that Miley Cyrus might

1717
01:20:44,760 --> 01:20:46,800
Speaker 3: perform some of her old Hannah songs that she hasn't

1718
01:20:46,800 --> 01:20:49,200
Speaker 3: been allowed to perform in over a decade. And if

1719
01:20:49,240 --> 01:20:52,080
Speaker 3: you don't remember why Miley Cyrus and Disney stopped being friends,

1720
01:20:52,120 --> 01:20:54,680
Speaker 3: you must not remember the time that Miley Cyrus got

1721
01:20:54,760 --> 01:20:56,840
Speaker 3: up on stage and twerked and played with a giant

1722
01:20:56,880 --> 01:21:00,719
Speaker 3: foam finger. In fact, Miley tried so hard to herself

1723
01:21:00,720 --> 01:21:03,280
Speaker 3: from the Disney branch he unofficially killed Hannah off.

1724
01:21:03,920 --> 01:21:07,120
Speaker 14: But there are a few subjects we're not going to

1725
01:21:07,200 --> 01:21:10,000
Speaker 14: get into tonight. I'm not gonna do Hannah Montana, but

1726
01:21:10,400 --> 01:21:12,320
Speaker 14: I can give you an update on what she's been

1727
01:21:12,400 --> 01:21:12,640
Speaker 14: up to.

1728
01:21:13,439 --> 01:21:18,000
Speaker 3: She was murdered. Now Miley Cyrus is thirty three years old.

1729
01:21:18,080 --> 01:21:20,479
Speaker 3: Now the bad blood seems to have settled. And for

1730
01:21:20,560 --> 01:21:23,040
Speaker 3: super fans, this is something that they've been waiting for

1731
01:21:23,040 --> 01:21:26,040
Speaker 3: for a very very very long time. Which while it

1732
01:21:26,160 --> 01:21:28,920
Speaker 3: is great that it's happening. Does add quite a bit

1733
01:21:28,960 --> 01:21:31,439
Speaker 3: of pressure, doesn't it. If Cyrus doesn't put on the

1734
01:21:31,640 --> 01:21:34,959
Speaker 3: iconic blonde wig and transform into an adult Hannah Montana,

1735
01:21:35,520 --> 01:21:38,200
Speaker 3: You're going to be hearing from Twitter about that, and

1736
01:21:38,360 --> 01:21:39,720
Speaker 3: a lot of the Twitter comments are going to be

1737
01:21:39,760 --> 01:21:43,240
Speaker 3: coming from our producer Sam, who has got a probably

1738
01:21:43,320 --> 01:21:48,000
Speaker 3: unhealthy fascination with Hannah Montana. The special will air exclusively

1739
01:21:48,040 --> 01:21:52,639
Speaker 3: on Disney Plus on March twenty four. I know you're excited.

1740
01:21:52,640 --> 01:21:54,439
Speaker 3: Au't you put that in your diary? Didn't you were?

1741
01:21:54,479 --> 01:21:54,559
Speaker 9: Like?

1742
01:21:54,600 --> 01:21:54,760
Speaker 4: There?

1743
01:21:54,800 --> 01:21:57,640
Speaker 3: It is Rugby Boss, a rugby coach announcement for the

1744
01:21:57,640 --> 01:22:01,400
Speaker 3: All Blacks early in March, mid March. Hannah Montana March

1745
01:22:01,439 --> 01:22:04,559
Speaker 3: twenty four March is booked out, isn't it? Genetip Traine

1746
01:22:04,680 --> 01:22:05,120
Speaker 3: is with us.

1747
01:22:05,040 --> 01:22:18,519
Speaker 1: Next, everything from SMEs to the big corporates, The Business

1748
01:22:18,520 --> 01:22:22,560
Speaker 1: Hour with Hander Duper c Allen and Mas Insurance and investments.

1749
01:22:22,760 --> 01:22:25,840
Speaker 2: Your futures in good hands? Used talks'd be.

1750
01:22:27,640 --> 01:22:27,680
Speaker 7: That.

1751
01:22:28,120 --> 01:22:29,479
Speaker 2: So can you come back?

1752
01:22:31,880 --> 01:22:33,960
Speaker 3: If it's possible to believe that there is more fallout

1753
01:22:33,960 --> 01:22:36,479
Speaker 3: from the Epstein files, there is. The cops are now

1754
01:22:36,479 --> 01:22:38,960
Speaker 3: looking at flight records, so Gavin Gray will get us

1755
01:22:38,960 --> 01:22:41,120
Speaker 3: across that in ten minutes time. Right now, it's twenty

1756
01:22:41,120 --> 01:22:43,759
Speaker 3: four away from seven. And of course the new Reserve

1757
01:22:43,800 --> 01:22:46,479
Speaker 3: Bank governor's first announcement on the ocr is being described

1758
01:22:46,479 --> 01:22:50,400
Speaker 3: as dubvish. New Zealand Herald Wellington Business editor jeneative Traney's

1759
01:22:50,439 --> 01:22:54,120
Speaker 3: been looking at this inner's with us now, Hi, Jane hi, hever,

1760
01:22:54,560 --> 01:22:58,760
Speaker 3: so she seems strangely quite unfazed by the inflation. What

1761
01:22:58,800 --> 01:22:59,320
Speaker 3: do you make of that?

1762
01:23:00,880 --> 01:23:01,599
Speaker 1: Yeah, that's right.

1763
01:23:01,880 --> 01:23:05,519
Speaker 27: The market was expecting the Reserve Bank to be a

1764
01:23:05,520 --> 01:23:10,080
Speaker 27: little bit more worried than it was about inflationary pressures

1765
01:23:10,120 --> 01:23:13,800
Speaker 27: coming through. But what the bank did instead was to

1766
01:23:13,800 --> 01:23:17,400
Speaker 27: say that it would keep the OCI at a sort

1767
01:23:17,400 --> 01:23:22,360
Speaker 27: of accommodative level for some time, provided the economy evolved

1768
01:23:22,760 --> 01:23:27,640
Speaker 27: as it expected. So look what that means for you

1769
01:23:27,720 --> 01:23:31,040
Speaker 27: and me is that it would seem that mortgage and

1770
01:23:31,120 --> 01:23:34,920
Speaker 27: term deposit rates are unlikely to keep rising in the

1771
01:23:34,960 --> 01:23:38,080
Speaker 27: near term. Listeners will recall that in December and in

1772
01:23:38,160 --> 01:23:41,800
Speaker 27: January those interest rates started going up mortgage in term

1773
01:23:41,840 --> 01:23:45,800
Speaker 27: deposit rates. But based on current market pricing, and you

1774
01:23:45,840 --> 01:23:48,080
Speaker 27: know how the market has interpreted what the Reserve Bank

1775
01:23:48,120 --> 01:23:52,200
Speaker 27: has said, it seems like those rates aren't going up

1776
01:23:52,240 --> 01:23:54,559
Speaker 27: anymore for now, at least.

1777
01:23:54,800 --> 01:23:57,040
Speaker 3: Somebody has suggested to me that it's a ruse that

1778
01:23:57,200 --> 01:23:59,840
Speaker 3: actually they are worried about inflation, are more worried about

1779
01:23:59,840 --> 01:24:02,680
Speaker 3: the inlay than saying But they can't say that out

1780
01:24:02,680 --> 01:24:05,040
Speaker 3: loud because that would be then admitting that November's dropping

1781
01:24:05,080 --> 01:24:06,360
Speaker 3: of the OCR was a mistake.

1782
01:24:08,200 --> 01:24:10,120
Speaker 27: Oh look, I mean people always sort of you know,

1783
01:24:10,160 --> 01:24:12,559
Speaker 27: it's easy to tie yourself in a not over this stuff,

1784
01:24:12,640 --> 01:24:16,080
Speaker 27: and central banks speak is kind of a language of

1785
01:24:16,120 --> 01:24:19,320
Speaker 27: its own, and markets do read a lot into the

1786
01:24:19,360 --> 01:24:23,320
Speaker 27: wording of what people like the governor say. I think

1787
01:24:23,400 --> 01:24:26,320
Speaker 27: the challenge here that the Reserve Bank has faced was

1788
01:24:26,320 --> 01:24:30,400
Speaker 27: that the market reacted differently to what it expected to

1789
01:24:30,479 --> 01:24:33,360
Speaker 27: its November statement. So we talked about this on the

1790
01:24:33,400 --> 01:24:37,400
Speaker 27: show in the past. Basically, they didn't expect Christian hawks

1791
01:24:37,439 --> 01:24:39,880
Speaker 27: Be to close the door to further interest rate cuts

1792
01:24:39,960 --> 01:24:42,400
Speaker 27: as much as he did. This caused the market to

1793
01:24:42,400 --> 01:24:45,439
Speaker 27: go but nuts quite frankly, start pricing in you know,

1794
01:24:45,800 --> 01:24:49,400
Speaker 27: OCR hikes throughout this year. You know, that's saw banks

1795
01:24:49,400 --> 01:24:52,360
Speaker 27: push up their mortgage and their term deposit rates, those

1796
01:24:52,680 --> 01:24:56,280
Speaker 27: fixed rates, those rates rose by more than what the

1797
01:24:56,320 --> 01:24:59,600
Speaker 27: Reserve Bank expected you know, that did. According to the

1798
01:24:59,600 --> 01:25:02,719
Speaker 27: Reserve Bank, they think that did actually stemy economic growth

1799
01:25:02,720 --> 01:25:05,599
Speaker 27: a wee bit. You know, those rates going up didn't

1800
01:25:05,640 --> 01:25:09,599
Speaker 27: give you know, didn't give us much time with rates

1801
01:25:09,680 --> 01:25:12,519
Speaker 27: at quite low levels, you know, to just feel a

1802
01:25:12,520 --> 01:25:15,560
Speaker 27: bit better about our mortgages and you know, get things

1803
01:25:16,439 --> 01:25:19,719
Speaker 27: going a bit. So I think because of this turbulent time,

1804
01:25:20,360 --> 01:25:23,720
Speaker 27: it made sense for the Reserve Bank to just say, look,

1805
01:25:23,720 --> 01:25:26,640
Speaker 27: we're just going to keep the o CR where it

1806
01:25:26,720 --> 01:25:29,960
Speaker 27: is for some time, give the economy sometime to just

1807
01:25:30,560 --> 01:25:33,720
Speaker 27: you know, recover, for things to settle down, and then

1808
01:25:33,840 --> 01:25:37,000
Speaker 27: take it from them. I must say, I must say,

1809
01:25:37,000 --> 01:25:40,320
Speaker 27: actually the market reaction wasn't that big. So swap rates

1810
01:25:40,360 --> 01:25:42,479
Speaker 27: as wholesale interest rates did come down a bit. That

1811
01:25:42,680 --> 01:25:46,960
Speaker 27: that shows the dubbishness, but the reaction wasn't massive, Like,

1812
01:25:47,080 --> 01:25:50,000
Speaker 27: the market wasn't terribly surprised by what the Reserve Bank did.

1813
01:25:50,120 --> 01:25:51,800
Speaker 3: Did it look to you like she is a little

1814
01:25:51,840 --> 01:25:54,040
Speaker 3: bit worried about what's going on with the house prices

1815
01:25:54,240 --> 01:25:57,599
Speaker 3: and the effect that that's having on people spending because

1816
01:25:57,600 --> 01:25:58,880
Speaker 3: they don't have that wealth effect.

1817
01:26:00,560 --> 01:26:04,240
Speaker 27: Yeah, she did raise a really interesting point that in

1818
01:26:04,320 --> 01:26:08,400
Speaker 27: New Zealand in the past, when interest rates have gone down,

1819
01:26:08,640 --> 01:26:11,400
Speaker 27: house prices have gone up. And when house prices go up,

1820
01:26:11,479 --> 01:26:15,200
Speaker 27: we all feel richer people who own houses do. Renters

1821
01:26:15,280 --> 01:26:18,600
Speaker 27: get agitated, of course, but homeowners feel better. And you

1822
01:26:18,680 --> 01:26:21,320
Speaker 27: know that the mortgage servicing costs are down and they

1823
01:26:21,400 --> 01:26:24,920
Speaker 27: spend more. But what's happened now is that those house

1824
01:26:25,000 --> 01:26:29,000
Speaker 27: prices have not really gone up, so that wealth effect

1825
01:26:29,479 --> 01:26:33,080
Speaker 27: that traditionally has stimulated the economy is not happening. So

1826
01:26:33,439 --> 01:26:37,640
Speaker 27: what Anna Breeman said was that in this recovery, we

1827
01:26:37,920 --> 01:26:42,640
Speaker 27: are relying more on the labor market strengthening to and

1828
01:26:42,760 --> 01:26:46,599
Speaker 27: that strength is supporting the economy rather than the wealth effect.

1829
01:26:46,920 --> 01:26:50,400
Speaker 27: So the Chief Poor Conway said that actually that different

1830
01:26:50,479 --> 01:26:53,560
Speaker 27: dynamic that they did see that as a risk, you know,

1831
01:26:53,720 --> 01:26:56,120
Speaker 27: not because they particularly want house prices to go up,

1832
01:26:56,240 --> 01:26:59,519
Speaker 27: but just because the way things are rolling out is

1833
01:26:59,760 --> 01:27:02,240
Speaker 27: a different to the way they've rolled out in the past.

1834
01:27:03,000 --> 01:27:05,280
Speaker 3: Jane, thanks very much, appreciate your time. Janet to Trainey

1835
01:27:05,400 --> 01:27:07,840
Speaker 3: The Herald's Wellington Business Edit A twenty away from.

1836
01:27:07,720 --> 01:27:11,400
Speaker 2: Seven Heather Duplessy Ellen, I'm saying this, but.

1837
01:27:11,439 --> 01:27:13,160
Speaker 3: I think I'm gonna there's a chance I get in

1838
01:27:13,240 --> 01:27:15,879
Speaker 3: trouble for this because I shouldn't comment on women's appearance,

1839
01:27:17,800 --> 01:27:20,639
Speaker 3: you see, I'm just setting myself up for it, aren't I. Anyway,

1840
01:27:21,120 --> 01:27:23,840
Speaker 3: I like how Anna Breman looks. I think she's got

1841
01:27:23,840 --> 01:27:26,040
Speaker 3: a classy style about her. She's just got a she's

1842
01:27:26,080 --> 01:27:28,320
Speaker 3: got a tidy little haircut or clearly gives it a

1843
01:27:28,360 --> 01:27:31,479
Speaker 3: little blowwave. Either either that or she's just blessed with

1844
01:27:31,560 --> 01:27:33,479
Speaker 3: kind of the kind of you know, like straight enough

1845
01:27:33,560 --> 01:27:35,760
Speaker 3: hair so it looks silky, but also not so straight

1846
01:27:35,800 --> 01:27:37,439
Speaker 3: that it just hangs down limp and she could sort

1847
01:27:37,479 --> 01:27:39,360
Speaker 3: of do things with it anyway, So she's got a

1848
01:27:39,360 --> 01:27:42,120
Speaker 3: classy little boy haircut going on, and then does like

1849
01:27:42,400 --> 01:27:45,600
Speaker 3: a block colored suit. And why I like this, I

1850
01:27:45,720 --> 01:27:48,439
Speaker 3: do like this very much. Why I like this is

1851
01:27:48,479 --> 01:27:51,760
Speaker 3: because I do sometimes think about the women's attire in

1852
01:27:51,800 --> 01:27:54,000
Speaker 3: Wellington can be a little fussy. I don't know if

1853
01:27:54,000 --> 01:27:55,840
Speaker 3: you've noticed this, but the women like this sort of

1854
01:27:55,880 --> 01:27:57,479
Speaker 3: think I'm gonna go out and get a corporate jacket.

1855
01:27:57,800 --> 01:27:59,360
Speaker 3: Then they go get a corporate jacket. But it's not

1856
01:27:59,439 --> 01:28:01,439
Speaker 3: like a suit. It's sort of like a it's just

1857
01:28:01,479 --> 01:28:04,120
Speaker 3: a corporate jacket. And the jacket costs like the jacket

1858
01:28:04,160 --> 01:28:05,920
Speaker 3: costs two thousand dollars and then they've got to go

1859
01:28:06,200 --> 01:28:07,720
Speaker 3: find some black pants to go with it, do you know.

1860
01:28:07,760 --> 01:28:08,080
Speaker 9: What I mean?

1861
01:28:08,439 --> 01:28:10,679
Speaker 3: But the jacket will be because it's the statement jacket.

1862
01:28:10,760 --> 01:28:12,920
Speaker 3: Then it has to be patterned, doesn't. It's all bright

1863
01:28:13,000 --> 01:28:15,800
Speaker 3: colors and weird shit going on it like it's something

1864
01:28:15,880 --> 01:28:19,960
Speaker 3: from the nineteen eighties anyway, And it's not from the

1865
01:28:20,040 --> 01:28:25,400
Speaker 3: nineteen eighties. It's recent anyway. So I'm just hoping and

1866
01:28:25,520 --> 01:28:27,160
Speaker 3: all they go for something bland on the top and

1867
01:28:27,200 --> 01:28:30,439
Speaker 3: then like a shirt that's really full of something anyway,

1868
01:28:30,600 --> 01:28:33,080
Speaker 3: and it's like tassels and like hanging things and all

1869
01:28:33,160 --> 01:28:35,559
Speaker 3: like patterns, like sloppy kind of patterns that are spoke

1870
01:28:35,680 --> 01:28:38,200
Speaker 3: like texture. Anyway. I'm just hoping a lot of the

1871
01:28:38,240 --> 01:28:40,840
Speaker 3: Wellington women look at Anna and go look at how

1872
01:28:40,960 --> 01:28:44,160
Speaker 3: nice Anna looks in a block color, just a plain colored,

1873
01:28:44,280 --> 01:28:47,240
Speaker 3: just a plain tidy little suit in one color with

1874
01:28:47,400 --> 01:28:49,640
Speaker 3: a white shirt underneath, and then they maybe go and

1875
01:28:49,720 --> 01:28:51,639
Speaker 3: copy that and we'll all be better for it. Yes,

1876
01:28:51,640 --> 01:28:53,400
Speaker 3: I'm gonna get in trouble for one hundred percent going

1877
01:28:53,439 --> 01:28:56,439
Speaker 3: to be a broadcasting standards complained about that anyway. Whatever

1878
01:28:57,479 --> 01:28:59,320
Speaker 3: women can say these kinds of things about women can't

1879
01:28:59,360 --> 01:29:02,439
Speaker 3: they If you have been following the situation with Willie

1880
01:29:02,520 --> 01:29:05,360
Speaker 3: Jackson v. Matt mccarton, there is an update for you,

1881
01:29:05,960 --> 01:29:08,040
Speaker 3: and I know you love an update, because boy do

1882
01:29:08,120 --> 01:29:10,240
Speaker 3: you text me to find out why people aren't covering this?

1883
01:29:10,640 --> 01:29:14,639
Speaker 3: So here he goes from Audrey Young. Apparently Willie Jackson's wife,

1884
01:29:14,760 --> 01:29:19,759
Speaker 3: Tanya Rangiheyu, is on extended leave of about potentially three months.

1885
01:29:20,400 --> 01:29:23,080
Speaker 3: There is some suggestion on social media that she has

1886
01:29:23,160 --> 01:29:25,960
Speaker 3: been stood down by the board after a breakdown of

1887
01:29:26,040 --> 01:29:29,960
Speaker 3: mediation between the Board, MUMA, the Manecow Urban Maldi Authority

1888
01:29:30,000 --> 01:29:32,519
Speaker 3: and the union. That is not correct. Apparently she has

1889
01:29:32,600 --> 01:29:35,360
Speaker 3: been put on extended leave because it's very stressful to

1890
01:29:35,479 --> 01:29:38,920
Speaker 3: have Matt mccarton make these allegations about her. The board

1891
01:29:38,960 --> 01:29:41,960
Speaker 3: has full confidence in its CEO, it says in a statement,

1892
01:29:42,240 --> 01:29:44,760
Speaker 3: we are proud of her work. She is currently on leave.

1893
01:29:45,000 --> 01:29:47,200
Speaker 3: She has certainly not been stood down as claimed on

1894
01:29:47,280 --> 01:29:49,600
Speaker 3: social media, so they have full confidence confidence in her.

1895
01:29:49,640 --> 01:29:51,960
Speaker 3: But she is she's she's taken a little sabbatical for

1896
01:29:52,000 --> 01:29:55,479
Speaker 3: three months. Matt mccarton has said that he is now

1897
01:29:55,520 --> 01:29:58,200
Speaker 3: having a much better time with murmur. Of late, they've

1898
01:29:58,280 --> 01:30:00,840
Speaker 3: encouraged everyone to join the union. People adjoining the union.

1899
01:30:01,080 --> 01:30:03,479
Speaker 3: He hasn't had the trespass order against him lifted. It's

1900
01:30:03,479 --> 01:30:05,479
Speaker 3: been lifted against the union, but not against him. But

1901
01:30:05,560 --> 01:30:07,600
Speaker 3: that's okay because everybody's in the union now and he

1902
01:30:07,640 --> 01:30:09,760
Speaker 3: can do things remotely seventeen away from seven.

1903
01:30:10,960 --> 01:30:13,640
Speaker 1: Ever, it's to do with money. It matters to you

1904
01:30:14,080 --> 01:30:18,160
Speaker 1: the Business Hour with Heather Duplicy, Allen and Mas Insurance

1905
01:30:18,240 --> 01:30:23,080
Speaker 1: and investments, your futures in good hands, us talks'd be here.

1906
01:30:23,120 --> 01:30:24,920
Speaker 3: The why doesn't will you want people in the union?

1907
01:30:24,960 --> 01:30:26,519
Speaker 3: I thought that would have been part of the contract

1908
01:30:26,640 --> 01:30:29,439
Speaker 3: unionizodom was Willy being hypocritic? Do you know what this

1909
01:30:29,640 --> 01:30:33,200
Speaker 3: whole do you know what? This whole argument between Willie

1910
01:30:33,320 --> 01:30:36,719
Speaker 3: and Matt is ridiculous and it is ridiculous that I'm sorry,

1911
01:30:36,840 --> 01:30:39,200
Speaker 3: but it's ridiculous that we're even interested in it because

1912
01:30:39,240 --> 01:30:41,639
Speaker 3: what it is is literally a fight between two besties.

1913
01:30:42,040 --> 01:30:45,040
Speaker 3: That two best friends who are just having a gigantic squabble,

1914
01:30:45,080 --> 01:30:47,719
Speaker 3: and now it's in the newspapers. Imagine if the newspaper's published,

1915
01:30:47,760 --> 01:30:50,360
Speaker 3: you'll fight. None of it would make sense. It's ridiculous.

1916
01:30:50,400 --> 01:30:52,800
Speaker 3: Both of them are probably just being ridiculous. So who

1917
01:30:52,840 --> 01:30:55,920
Speaker 3: can answer that question only they can. Thirteen away from

1918
01:30:55,960 --> 01:30:58,880
Speaker 3: seven and Gavin Gray are UK correspondence with us. Hello Gavin,

1919
01:31:00,640 --> 01:31:02,960
Speaker 3: why are the cops and examining the flight records FRAE

1920
01:31:03,000 --> 01:31:03,920
Speaker 3: the Epstein files.

1921
01:31:04,960 --> 01:31:08,919
Speaker 28: Well, it's been reported but not confirmed that quite potentially

1922
01:31:09,000 --> 01:31:11,400
Speaker 28: Jeffrey Epstein might have flown in on the aeroplane, the

1923
01:31:11,520 --> 01:31:16,080
Speaker 28: so called Lalita Express some eighty seven times. So the

1924
01:31:16,200 --> 01:31:20,400
Speaker 28: disgraced form of financier, the late disgraced form of financier

1925
01:31:21,360 --> 01:31:24,400
Speaker 28: was flowing in. It's being reported to Stansted Airport, which

1926
01:31:24,479 --> 01:31:28,320
Speaker 28: is big airport, it conducts international flights. It's north and

1927
01:31:28,520 --> 01:31:30,920
Speaker 28: east of London, but it is one of the sort

1928
01:31:30,960 --> 01:31:34,719
Speaker 28: of more relatively minor ones acquieter airport and the former

1929
01:31:34,760 --> 01:31:38,200
Speaker 28: Prime Minister Gordon Brown is demanding the police re examine

1930
01:31:38,240 --> 01:31:42,800
Speaker 28: whether Epstein's victims are trafficked within and outside of the UK,

1931
01:31:43,479 --> 01:31:47,000
Speaker 28: because he says this really needs looking into now. The

1932
01:31:47,120 --> 01:31:50,759
Speaker 28: BBC's reported that three British women who were allegedly trafficked

1933
01:31:51,040 --> 01:31:53,800
Speaker 28: appear in Epstein's records of flights in and out of

1934
01:31:53,880 --> 01:31:58,280
Speaker 28: the UK, alongside other documents relating to the convicted sex offender.

1935
01:31:58,520 --> 01:32:00,519
Speaker 28: So what Gordon Brown is saying is look, we need

1936
01:32:00,600 --> 01:32:03,120
Speaker 28: to thrash this out. This needs sorting out. We need

1937
01:32:03,200 --> 01:32:05,519
Speaker 28: to do some research, and he says the scale of

1938
01:32:05,560 --> 01:32:09,000
Speaker 28: trafficking will become apparent if an investigation is conducted into

1939
01:32:09,000 --> 01:32:11,840
Speaker 28: the flights. Now police say they are merely looking at

1940
01:32:11,920 --> 01:32:15,240
Speaker 28: it and assessing the information that fall short so far

1941
01:32:15,600 --> 01:32:16,960
Speaker 28: of a full investigation.

1942
01:32:17,520 --> 01:32:19,920
Speaker 3: What's France's problem with the soil tanker.

1943
01:32:20,920 --> 01:32:24,240
Speaker 28: Well, it's the world's problem with what are called shadow

1944
01:32:24,439 --> 01:32:25,679
Speaker 28: fleet oil tankers.

1945
01:32:26,080 --> 01:32:27,200
Speaker 11: So these are.

1946
01:32:27,680 --> 01:32:33,600
Speaker 28: Dubious vessels registered around the world. They seem to not

1947
01:32:33,800 --> 01:32:38,559
Speaker 28: necessarily always have their satellite systems switched on, so they're

1948
01:32:38,600 --> 01:32:41,880
Speaker 28: quite difficult to plot where they are going. But it

1949
01:32:42,040 --> 01:32:45,240
Speaker 28: is thought these aging tankers are basically being used in

1950
01:32:45,320 --> 01:32:50,599
Speaker 28: a clandestine network to evade Western sanctions of Russian oil exports.

1951
01:32:50,680 --> 01:32:53,280
Speaker 28: So in other words, they're being used to carry Russian

1952
01:32:53,320 --> 01:32:56,559
Speaker 28: ail around the world which would otherwise be subject to sanctions,

1953
01:32:56,600 --> 01:32:59,599
Speaker 28: and it's all being done under the cloak of being

1954
01:32:59,680 --> 01:33:03,160
Speaker 28: these sort of shadow fleet as it were. And France said, well,

1955
01:33:03,360 --> 01:33:06,920
Speaker 28: when one got in French waters, we basically took it

1956
01:33:07,080 --> 01:33:10,000
Speaker 28: and arrested it. They said they've now released it, but

1957
01:33:10,200 --> 01:33:14,400
Speaker 28: only after the payment of several million euros. They haven't

1958
01:33:14,400 --> 01:33:17,200
Speaker 28: said exactly how much. The tanker was seized by French

1959
01:33:17,280 --> 01:33:20,880
Speaker 28: forces in the Mediterranean last month, diverted to Marseille the

1960
01:33:21,000 --> 01:33:23,800
Speaker 28: port and then found it that sets so off from

1961
01:33:23,920 --> 01:33:28,320
Speaker 28: Mamansk in northern Russia and was flying under the Camorris flag.

1962
01:33:29,280 --> 01:33:32,720
Speaker 28: So that's why France was suspect about that. There are

1963
01:33:32,800 --> 01:33:36,200
Speaker 28: lots of these vessels, incidentally, and now France is demanding

1964
01:33:36,240 --> 01:33:40,080
Speaker 28: other countries, particularly those in Europe, when those vessels get

1965
01:33:40,120 --> 01:33:44,000
Speaker 28: into their waters, they should be seized immediately. In January, incidentally,

1966
01:33:44,200 --> 01:33:47,479
Speaker 28: British armed forces supported a US operation to seize a

1967
01:33:47,600 --> 01:33:49,439
Speaker 28: Russian flag tanker in the Atlantic.

1968
01:33:49,840 --> 01:33:51,920
Speaker 3: Kevin, how are those unemployment numbers looking?

1969
01:33:53,200 --> 01:33:53,719
Speaker 2: Not good?

1970
01:33:54,120 --> 01:33:57,200
Speaker 28: Not good at all, particularly if you're young. So the

1971
01:33:57,360 --> 01:34:00,200
Speaker 28: overall rate has climbed to five point two percent, that's

1972
01:34:00,439 --> 01:34:04,960
Speaker 28: the most now for five years. But the big headline

1973
01:34:05,600 --> 01:34:09,040
Speaker 28: is that for those age between sixteen and twenty four,

1974
01:34:09,920 --> 01:34:14,680
Speaker 28: sixteen percent are unemployed. That's one in six of that

1975
01:34:14,800 --> 01:34:17,400
Speaker 28: age group unemployed. It's the highest figure for modern ten years,

1976
01:34:17,680 --> 01:34:19,920
Speaker 28: and lots of employers are saying this is a problem

1977
01:34:20,000 --> 01:34:23,120
Speaker 28: the government's own making. They've increased the minimum wage for

1978
01:34:23,200 --> 01:34:26,240
Speaker 28: the very youngest workers. They are also now increasing the

1979
01:34:26,400 --> 01:34:30,559
Speaker 28: tax on every employee that an employer has on its books,

1980
01:34:30,680 --> 01:34:34,200
Speaker 28: so no wonder now people are employing less, particularly young.

1981
01:34:34,080 --> 01:34:36,000
Speaker 3: Peoplekevin, go to talk to you, or talk to you

1982
01:34:36,000 --> 01:34:38,559
Speaker 3: in a couple of days. Gavin Gray UK, corresponding, by

1983
01:34:38,640 --> 01:34:41,479
Speaker 3: the way, on the Epstein stuff. Over in New Mexico,

1984
01:34:41,600 --> 01:34:44,200
Speaker 3: they are now investigating what happened at as ranch. This

1985
01:34:44,280 --> 01:34:47,519
Speaker 3: is Epstein's ranch. It's called Zoro Ranch, and of course

1986
01:34:47,560 --> 01:34:50,559
Speaker 3: there are allegations of criminal activity there. So the House

1987
01:34:50,600 --> 01:34:54,799
Speaker 3: of Representatives has voted, it seems basically like with no opposition,

1988
01:34:55,520 --> 01:34:58,360
Speaker 3: has voted to have a look into it, to compel

1989
01:34:58,640 --> 01:35:00,640
Speaker 3: the attendance of witnesses. This is power. They have their

1990
01:35:00,760 --> 01:35:03,519
Speaker 3: power to compel the attendance of witnesses and to issue subpoenas.

1991
01:35:03,560 --> 01:35:05,040
Speaker 3: And once they've had a look into it, they will

1992
01:35:05,080 --> 01:35:08,960
Speaker 3: then decide whether other legislative action is required. Nine away

1993
01:35:08,960 --> 01:35:10,840
Speaker 3: from seven It's.

1994
01:35:10,760 --> 01:35:15,000
Speaker 1: The Heather Tipsy Allen Drive Full Show podcast on iHeartRadio

1995
01:35:15,240 --> 01:35:16,679
Speaker 1: powered by newstalg ZBI.

1996
01:35:19,280 --> 01:35:22,200
Speaker 3: Right, you know, I love a ute so it makes

1997
01:35:22,200 --> 01:35:24,040
Speaker 3: me quite happy to tell you the Ford Ranger is

1998
01:35:24,120 --> 01:35:26,240
Speaker 3: mounting a comeback now. It is very early in the

1999
01:35:26,360 --> 01:35:28,360
Speaker 3: year to be I'm not gonna I'm not putting any

2000
01:35:28,439 --> 01:35:30,439
Speaker 3: bets on anything or anything like that. I'm not sort

2001
01:35:30,479 --> 01:35:32,160
Speaker 3: of like, no, I'm just going to hard out back it.

2002
01:35:32,200 --> 01:35:34,040
Speaker 3: I'm going to hard out back the Ford Ranger.

2003
01:35:34,640 --> 01:35:34,880
Speaker 28: It was.

2004
01:35:34,960 --> 01:35:36,679
Speaker 3: And the reason that I'm interested in this is because

2005
01:35:36,760 --> 01:35:39,680
Speaker 3: last year, for the first time ever, it was dethroned

2006
01:35:40,240 --> 01:35:42,880
Speaker 3: as New Zealand's favorite new vehicle by the rad four.

2007
01:35:44,040 --> 01:35:46,800
Speaker 3: Last month, which is the first month of the new year,

2008
01:35:47,000 --> 01:35:48,920
Speaker 3: so first month out of twenty twenty five, the Ford

2009
01:35:49,040 --> 01:35:52,040
Speaker 3: Rangers trying to it's trying to get it's thrown back.

2010
01:35:52,360 --> 01:35:55,360
Speaker 3: It sold six hundred and eighty eight vehicles, well it registered,

2011
01:35:55,800 --> 01:35:57,720
Speaker 3: and the rad Ford was only six hundred and forty one.

2012
01:35:57,960 --> 01:36:00,640
Speaker 3: So it started off. Well, I think I'm backing it

2013
01:36:00,760 --> 01:36:03,000
Speaker 3: is because number one you to call number two rams

2014
01:36:03,000 --> 01:36:05,200
Speaker 3: are not so it's I mean, it's a no brainer.

2015
01:36:05,280 --> 01:36:07,200
Speaker 3: So here we go. If you're gonna buy yourself a car,

2016
01:36:07,520 --> 01:36:09,760
Speaker 3: this and like money bags. But if you're gonna buy

2017
01:36:09,760 --> 01:36:12,360
Speaker 3: yourself a car't think about Afford Ranger. Stop looking at

2018
01:36:12,400 --> 01:36:15,280
Speaker 3: that rap for a Libby, I would agree, not cool.

2019
01:36:15,880 --> 01:36:19,000
Speaker 3: No Libby's in for ants today. AND's has taken extended

2020
01:36:19,040 --> 01:36:25,800
Speaker 3: cultural leave paid Libby but lucky I'm here, Yeah, but lucky,

2021
01:36:26,000 --> 01:36:29,120
Speaker 3: but lucky Libby's here. Obviously we're not unhappy about it.

2022
01:36:29,880 --> 01:36:31,400
Speaker 27: I'm gonna take us that on a bit of food

2023
01:36:31,400 --> 01:36:35,000
Speaker 27: Fighters because kind of had to which song best of you?

2024
01:36:35,160 --> 01:36:37,680
Speaker 23: Because that is the food Fighter song I could name.

2025
01:36:40,120 --> 01:36:42,639
Speaker 3: You're saying this as if, as if for you, naming

2026
01:36:42,680 --> 01:36:44,280
Speaker 3: a food Fighter song is a difficult thing to do.

2027
01:36:44,680 --> 01:36:46,479
Speaker 23: It was a difficult thing, This is all I could

2028
01:36:46,479 --> 01:36:46,840
Speaker 23: full out.

2029
01:36:47,479 --> 01:36:50,200
Speaker 3: What about what about the one that goes de oh way,

2030
01:36:50,640 --> 01:36:54,000
Speaker 3: can you name it? Do a What about the one

2031
01:36:54,240 --> 01:36:58,200
Speaker 3: called my hero? If you sang it?

2032
01:36:58,280 --> 01:36:58,640
Speaker 7: I might know?

2033
01:36:59,280 --> 01:36:59,880
Speaker 3: What about ever?

2034
01:37:00,880 --> 01:37:01,360
Speaker 9: Oh yeah?

2035
01:37:01,840 --> 01:37:06,640
Speaker 3: Oh okay, so your depth of so what's it? And

2036
01:37:06,800 --> 01:37:08,439
Speaker 3: monkey Wrench? What about monkey Wrench?

2037
01:37:08,479 --> 01:37:09,240
Speaker 23: I'm a fake fan?

2038
01:37:10,040 --> 01:37:10,080
Speaker 7: No?

2039
01:37:10,360 --> 01:37:12,960
Speaker 3: What what about all my Life? Which is called all

2040
01:37:13,000 --> 01:37:13,360
Speaker 3: my Life?

2041
01:37:14,120 --> 01:37:14,160
Speaker 2: No?

2042
01:37:14,520 --> 01:37:15,320
Speaker 26: It's ringing a bell?

2043
01:37:15,479 --> 01:37:15,679
Speaker 2: Yeah?

2044
01:37:15,680 --> 01:37:18,960
Speaker 3: Okay. So so you're your sledging of the food Fighters

2045
01:37:19,200 --> 01:37:21,040
Speaker 3: you have just you have just had to under it.

2046
01:37:21,320 --> 01:37:21,760
Speaker 13: They're great.

2047
01:37:21,880 --> 01:37:23,320
Speaker 3: Yeah, I don't you know what. I think we're bringing

2048
01:37:23,320 --> 01:37:26,600
Speaker 3: ants back tomorrow because Libby has just look at what

2049
01:37:26,640 --> 01:37:27,000
Speaker 3: she's done.

2050
01:37:27,080 --> 01:37:27,679
Speaker 11: She's just gone.

2051
01:37:27,800 --> 01:37:30,400
Speaker 3: She's just gone. To ruin everything, hasn't she? Libby is

2052
01:37:30,439 --> 01:37:31,920
Speaker 3: lovely to have you with us. Thank you for filling

2053
01:37:31,960 --> 01:37:34,160
Speaker 3: in today. You were you were brilliant. Nobody even noticed

2054
01:37:34,439 --> 01:37:37,000
Speaker 3: that Ants wasn't here, you know, so don't tell him

2055
01:37:37,040 --> 01:37:39,080
Speaker 3: that anyway. We'll see Ants tomorrow and I'll see you

2056
01:37:39,160 --> 01:38:01,880
Speaker 3: then as well. NEWSTALKSZB, I have no fool.

2057
01:38:03,880 --> 01:38:12,360
Speaker 2: I'm getting tired of starting again. Someone new. Worry about

2058
01:38:12,439 --> 01:38:20,439
Speaker 2: who is it? Don't be, I said, I'll never be that.

2059
01:38:26,400 --> 01:38:29,920
Speaker 2: If someone get in the bat the bat the bath

2060
01:38:33,760 --> 01:38:36,200
Speaker 2: and some one getting the bath that.

2061
01:38:38,800 --> 01:38:43,839
Speaker 11: You know that's not my taking your back and rails

2062
01:38:44,080 --> 01:38:46,840
Speaker 11: the bank, your tail, the trust.

2063
01:38:46,880 --> 01:38:50,160
Speaker 2: Your mind. Just happen. The um get at the bast,

2064
01:38:50,520 --> 01:38:52,840
Speaker 2: the bast the bath the bas

2065
01:39:13,280 --> 01:39:16,400
Speaker 1: For more from Hither Duplessy Allen Drive, listen live to

2066
01:39:16,520 --> 01:39:19,559
Speaker 1: news Talks it'd be from four pm weekdays, or follow

2067
01:39:19,600 --> 01:39:21,360
Speaker 1: the podcast on iHeartRadio