1 00:00:01,200 --> 00:00:05,360 Speaker 1: The issues, the interviews and the insight. Ryan Bridge on 2 00:00:05,600 --> 00:00:08,559 Speaker 1: earlier this show with one roof love where you live 3 00:00:09,039 --> 00:00:10,560 Speaker 1: news talks, it'd be good. 4 00:00:10,360 --> 00:00:12,640 Speaker 2: Morning six after five, great to have your company, the 5 00:00:12,680 --> 00:00:15,120 Speaker 2: White Time of Fuel. Boss joins us before six on 6 00:00:15,240 --> 00:00:17,840 Speaker 2: regulations and red tape for getting oil into the country. 7 00:00:17,920 --> 00:00:20,800 Speaker 2: Vincent's in the UK gas prices going through the roof 8 00:00:20,840 --> 00:00:23,400 Speaker 2: their process, food, the numbers that won't shock you but 9 00:00:23,520 --> 00:00:25,840 Speaker 2: should shock you. And we'll do GDP with ain. 10 00:00:25,800 --> 00:00:28,520 Speaker 3: Z the agenda. 11 00:00:28,640 --> 00:00:31,120 Speaker 2: It is Friday, the twentieth of March. Japan's Prime minister. 12 00:00:31,160 --> 00:00:33,640 Speaker 2: This is Takei Ichi, the new one, currently addressing the 13 00:00:33,640 --> 00:00:35,280 Speaker 2: media at the White House next to Trump. 14 00:00:35,520 --> 00:00:39,800 Speaker 1: I firmly believe that it is only you Donald who 15 00:00:39,840 --> 00:00:42,400 Speaker 1: can achieve peace across the world. 16 00:00:43,120 --> 00:00:45,480 Speaker 2: More on that shortly. Meanwhile, gas prices in the UK 17 00:00:45,600 --> 00:00:49,000 Speaker 2: you're heading north. Katar has been dragged into the mess again. 18 00:00:49,120 --> 00:00:52,920 Speaker 2: This is an attack on their ras Luffin Energy complex 19 00:00:52,960 --> 00:00:56,080 Speaker 2: could take three to five years to repair the damage. 20 00:00:56,120 --> 00:00:56,880 Speaker 2: Here's their PM. 21 00:00:57,280 --> 00:00:59,640 Speaker 4: This actact will have you which at pre cautions on 22 00:00:59,720 --> 00:01:04,000 Speaker 4: our oil or energy supplies around the world. Such at 23 00:01:04,120 --> 00:01:09,400 Speaker 4: DAG does not bring any benefit to any countra. However, 24 00:01:09,480 --> 00:01:12,920 Speaker 4: it brings harms and damage to donations and impact them 25 00:01:13,240 --> 00:01:14,440 Speaker 4: and affected them directly. 26 00:01:14,680 --> 00:01:17,280 Speaker 2: Pete Higgs, if he's given a press conference, suits, don't worry. 27 00:01:17,280 --> 00:01:18,240 Speaker 2: Everything's going to plan. 28 00:01:18,360 --> 00:01:24,920 Speaker 5: Our objectives unchanged on target and on plan. Destroy missiles, 29 00:01:25,600 --> 00:01:30,120 Speaker 5: launchers and Iran's defense industrial base so they cannot rebuild, 30 00:01:30,480 --> 00:01:34,679 Speaker 5: destroy their navy, and Iran never gets a nuclear weapon. 31 00:01:34,840 --> 00:01:36,600 Speaker 2: Still no time prayed by the way on when it 32 00:01:36,600 --> 00:01:39,839 Speaker 2: will end an inquiry. This is in the UK COVID response. 33 00:01:40,080 --> 00:01:43,240 Speaker 2: NHS was on the brink of collapse during the pandemic. 34 00:01:43,640 --> 00:01:46,760 Speaker 6: Staff had inadequate access to PPE and even those supplies 35 00:01:46,800 --> 00:01:49,200 Speaker 6: may never have run out nationally, As the report says, 36 00:01:49,280 --> 00:01:51,560 Speaker 6: this will have been called comfort to any docs or 37 00:01:51,680 --> 00:01:53,960 Speaker 6: nurse using a bin bag instead of a gown, or 38 00:01:54,000 --> 00:01:56,760 Speaker 6: being forced to reuse flimsy surgical masks in the face 39 00:01:56,760 --> 00:01:57,640 Speaker 6: of a deadly disease. 40 00:01:57,800 --> 00:02:05,840 Speaker 2: Finally, this warning, can we just have something nice? Please? Nicer? 41 00:02:05,880 --> 00:02:10,040 Speaker 2: Annoying Sony pictures and pop mart are turning the massive 42 00:02:10,200 --> 00:02:12,800 Speaker 2: le Boo Boo craze. If you've got kids or no kids, 43 00:02:12,840 --> 00:02:14,960 Speaker 2: you'll know about le Boo Boo. They're turning it into 44 00:02:15,000 --> 00:02:17,400 Speaker 2: a movie. Dolls have helped drive the company to a 45 00:02:17,440 --> 00:02:21,160 Speaker 2: near sixty five billion dollar valuation. Paul King, the guy 46 00:02:21,160 --> 00:02:24,079 Speaker 2: behind Wonka and Paddington. He's directing it. No release date 47 00:02:24,120 --> 00:02:26,480 Speaker 2: at this point, but kids will be looking forward to. 48 00:02:26,400 --> 00:02:30,720 Speaker 1: It, won't They get ahead of the headlines On early 49 00:02:30,919 --> 00:02:35,120 Speaker 1: edition with Ryan Bridge and one roof Love where you Live. 50 00:02:35,160 --> 00:02:37,720 Speaker 2: News Talks, that'd be eight after five. People of the 51 00:02:37,800 --> 00:02:41,600 Speaker 2: media reporting that the change of stance from our government 52 00:02:41,680 --> 00:02:45,400 Speaker 2: on response to the oil shop. Has it changed or 53 00:02:45,720 --> 00:02:48,280 Speaker 2: is it Nicola Well is just saying today exactly what 54 00:02:48,320 --> 00:02:50,280 Speaker 2: she said earlier in the week. I think the latter. 55 00:02:50,880 --> 00:02:53,160 Speaker 2: But here's a little sitrap for you. This is the 56 00:02:53,240 --> 00:02:56,840 Speaker 2: cost to us so far of Trump's war in Iran. 57 00:02:57,360 --> 00:03:00,160 Speaker 2: Petrol up fifty five cents on pre war. We are 58 00:03:00,200 --> 00:03:04,160 Speaker 2: now averaging three dollars set seven a litter diesel up 59 00:03:04,240 --> 00:03:07,160 Speaker 2: ninety cent since pre war. We're now averaging two dollars 60 00:03:07,160 --> 00:03:09,480 Speaker 2: eighty two eliter. Let me know what it's like where 61 00:03:09,480 --> 00:03:13,239 Speaker 2: you are this morning, nine two nine two. And mortgages. 62 00:03:13,360 --> 00:03:15,560 Speaker 2: I spoke to a mortgage broker yesterday. He said, based 63 00:03:15,600 --> 00:03:17,399 Speaker 2: on all the rate changes that have happened, the big 64 00:03:17,440 --> 00:03:19,880 Speaker 2: three banks have moved, or three of the big banks 65 00:03:19,880 --> 00:03:22,920 Speaker 2: have moved fifteen hundred bucks a year extra on your 66 00:03:22,919 --> 00:03:27,239 Speaker 2: mortgage so far on pre war am Z prices up 67 00:03:27,440 --> 00:03:29,880 Speaker 2: ten bucks for domestic, twenty for short haul, ninety for 68 00:03:30,000 --> 00:03:33,640 Speaker 2: long haul d D, which is the it's like Uber 69 00:03:33,720 --> 00:03:37,640 Speaker 2: a bit different. They're putting a surcharge on ubers monitoring that. 70 00:03:37,720 --> 00:03:40,360 Speaker 2: Then you've got all your plastics, your packaging, your transport, 71 00:03:40,400 --> 00:03:43,400 Speaker 2: your freight, all those things. TBC. We'll come out in 72 00:03:43,400 --> 00:03:46,400 Speaker 2: the wash at some point. But the latest from overnight 73 00:03:46,760 --> 00:03:51,120 Speaker 2: is the futures for natural gas over in Europe's skyrocketing. 74 00:03:51,800 --> 00:03:54,320 Speaker 2: They are up twenty five percent at one point. But Kasar, 75 00:03:54,880 --> 00:03:58,680 Speaker 2: so the Iranians have hit a cuta damage to an 76 00:03:58,720 --> 00:04:02,200 Speaker 2: alien g aren't that they say could take three to 77 00:04:02,280 --> 00:04:05,240 Speaker 2: five years to repair. So that's not great, and that's 78 00:04:05,280 --> 00:04:08,000 Speaker 2: why gas has been going up. Oil had one hundred 79 00:04:08,000 --> 00:04:11,000 Speaker 2: and nineteen dollars a barrel briefly. It's come back from 80 00:04:11,040 --> 00:04:14,680 Speaker 2: there since then. And all the central banks, and remember 81 00:04:14,680 --> 00:04:17,400 Speaker 2: we had the RBA this week basically saying we don't 82 00:04:17,440 --> 00:04:21,000 Speaker 2: know what's going to happen, but they hiked rates anyway, 83 00:04:21,560 --> 00:04:27,440 Speaker 2: European central banks basically saying we will hold for now, UK, Switzerland, Japan, 84 00:04:28,040 --> 00:04:31,640 Speaker 2: along with the Fed yesterday, all holding their rates steady 85 00:04:31,720 --> 00:04:34,720 Speaker 2: while they see what happens. You know, how long does 86 00:04:34,760 --> 00:04:38,359 Speaker 2: it go on? How much do we Does it inflation 87 00:04:38,880 --> 00:04:42,200 Speaker 2: or is it growth? What's it going to really smash hardest? 88 00:04:42,240 --> 00:04:44,680 Speaker 2: That's the question they're weighing up this morning, eleven after five, 89 00:04:45,240 --> 00:04:47,800 Speaker 2: Ryan Bridge, as our reserve bank will be in a 90 00:04:47,800 --> 00:04:49,880 Speaker 2: couple of weeks time too. Right next, we're getting to 91 00:04:50,240 --> 00:04:53,039 Speaker 2: yesterday's GDP number and what it means for us going 92 00:04:53,120 --> 00:04:56,920 Speaker 2: forward with A and Z News Talk ZB on your. 93 00:04:56,960 --> 00:05:01,920 Speaker 1: Radio and on Lane on iHeartRadio edition with Ryan Bridge 94 00:05:02,160 --> 00:05:05,239 Speaker 1: and one roof Love where you live news Talks. 95 00:05:05,279 --> 00:05:08,080 Speaker 2: I'd be great to have your company this Friday morning 96 00:05:08,120 --> 00:05:10,760 Speaker 2: at Jordan's just filled up in Tartanaki three dollars twenty 97 00:05:10,760 --> 00:05:14,800 Speaker 2: five for ninety one. You'd rather be in Wellington Tenacory Road. 98 00:05:14,880 --> 00:05:18,000 Speaker 2: Why turmul this morning? Ninety one's two dollars ninety four? 99 00:05:18,120 --> 00:05:21,280 Speaker 2: According to another text, there you go by the way. 100 00:05:21,320 --> 00:05:23,599 Speaker 2: We have enough. I've said this all week, but we 101 00:05:23,680 --> 00:05:26,240 Speaker 2: have enough fuel. No one needs to go panic by. 102 00:05:26,520 --> 00:05:28,600 Speaker 2: But it is just interesting to hear what people are 103 00:05:28,600 --> 00:05:30,880 Speaker 2: paying in the difference across the country, isn't it it's 104 00:05:30,920 --> 00:05:34,719 Speaker 2: seteen after five. Ryan Bridge quarterboard GDP was zero point 105 00:05:34,800 --> 00:05:38,039 Speaker 2: two percent growth. That's good, but lower than expected. And 106 00:05:38,160 --> 00:05:40,479 Speaker 2: this was all pre war, of course. Matt Gault is 107 00:05:40,520 --> 00:05:43,800 Speaker 2: ams ED senior economists, Mat good morning, Good morning. So 108 00:05:43,880 --> 00:05:45,359 Speaker 2: we're still growing, so that's good. 109 00:05:46,760 --> 00:05:49,159 Speaker 7: Yeah, So it's good to see a small amount of growth. 110 00:05:49,360 --> 00:05:52,680 Speaker 7: And if you look across the wider set of indicators 111 00:05:52,720 --> 00:05:55,440 Speaker 7: across the second half of twenty twenty five, it did 112 00:05:55,480 --> 00:05:58,960 Speaker 7: look late. There was a modest recovery getting going. But 113 00:05:59,200 --> 00:06:02,080 Speaker 7: over all the data yesterday was a bit disappointing to 114 00:06:02,120 --> 00:06:06,359 Speaker 7: not see more growth there, given there were some pretty 115 00:06:06,360 --> 00:06:09,000 Speaker 7: decent tailwinds last year like lower and rest rates and 116 00:06:09,160 --> 00:06:11,880 Speaker 7: high high prices for meat and dairy farmers. 117 00:06:12,240 --> 00:06:15,799 Speaker 2: Also, where the growth coming from rental hiring real estate 118 00:06:15,839 --> 00:06:20,720 Speaker 2: services the largest contributors. That does that sound like momentum. 119 00:06:21,120 --> 00:06:24,880 Speaker 7: Yeah, we didn't see a whole heap of momentum there. 120 00:06:24,960 --> 00:06:27,360 Speaker 7: There was a bit of growth in some service industries 121 00:06:27,440 --> 00:06:32,080 Speaker 7: like rental hiring, in real estates and other areas, but 122 00:06:32,200 --> 00:06:34,000 Speaker 7: not a whole lot of growth, and a lot of 123 00:06:34,040 --> 00:06:37,080 Speaker 7: the more domestically oriented part of the economy. Parts of 124 00:06:37,120 --> 00:06:41,880 Speaker 7: the economy like construction and manufacturing was disappointing as well. 125 00:06:43,360 --> 00:06:45,599 Speaker 7: So yeah, a few parts of the economy growing, but 126 00:06:45,680 --> 00:06:46,640 Speaker 7: it wasn't really firing. 127 00:06:47,440 --> 00:06:50,279 Speaker 2: How careful. We've obviously now moved on to very quickly 128 00:06:50,279 --> 00:06:53,440 Speaker 2: to what's going on over in the Middle East. Scope 129 00:06:53,480 --> 00:06:56,600 Speaker 2: to delay o CR hikes, you know, given that this 130 00:06:56,800 --> 00:06:59,800 Speaker 2: number was less than what the Reserve Bank was picking 131 00:06:59,800 --> 00:07:02,560 Speaker 2: had percent, right, we've got point two. Does that give 132 00:07:02,600 --> 00:07:04,479 Speaker 2: them more scope to delay hikes? 133 00:07:05,920 --> 00:07:09,880 Speaker 7: It does, we'd say yes. So the Reserve Bank, we 134 00:07:10,240 --> 00:07:14,760 Speaker 7: thought would already be reasonably cautious about this oil price 135 00:07:14,800 --> 00:07:18,360 Speaker 7: shot compared to a lot of other central banks overseas, 136 00:07:18,440 --> 00:07:20,960 Speaker 7: just given that the New Zealand economy is not coming 137 00:07:21,000 --> 00:07:25,720 Speaker 7: from an especially strong starting point. So definitely inflation will 138 00:07:25,800 --> 00:07:29,160 Speaker 7: rise with oil prices going up as much as they have, 139 00:07:29,960 --> 00:07:32,680 Speaker 7: But the real concern for the Reserve Bank will be 140 00:07:32,760 --> 00:07:37,440 Speaker 7: whether that's increase in oil prices spills over into generalized 141 00:07:37,480 --> 00:07:42,320 Speaker 7: inflation things like wages and other prices. And with the 142 00:07:42,360 --> 00:07:45,720 Speaker 7: economy in a relatively weak states, we think they'll be 143 00:07:45,800 --> 00:07:50,800 Speaker 7: less worried about that than places like Australia, where the 144 00:07:50,840 --> 00:07:52,680 Speaker 7: economy is firing more strongly. 145 00:07:53,040 --> 00:07:56,240 Speaker 2: Yeah, it's hotter than most parts of the country right now. 146 00:07:56,440 --> 00:08:00,000 Speaker 2: How careful does the government here need to be, Matt 147 00:08:00,040 --> 00:08:03,240 Speaker 2: about fiscal stimulus because it's so tempting and the Italians 148 00:08:03,280 --> 00:08:05,760 Speaker 2: overnight have gone for it, George, and Maloney has got 149 00:08:06,000 --> 00:08:10,240 Speaker 2: a constitutional referendum this weekend, so she's cutting fuel excise 150 00:08:10,280 --> 00:08:13,440 Speaker 2: because she's got political agendas. How careful do they need 151 00:08:13,440 --> 00:08:17,160 Speaker 2: to be with fiscal stimulus given the inflation projection and 152 00:08:17,240 --> 00:08:18,440 Speaker 2: possibility from the war. 153 00:08:19,800 --> 00:08:22,640 Speaker 7: There was certainly a lot learned from the COVID nineteen 154 00:08:22,680 --> 00:08:28,120 Speaker 7: pandemic about fiscal stimulus, where lots of countries around the 155 00:08:28,160 --> 00:08:33,520 Speaker 7: world really use fiscal similar stimulus heavily to respond to 156 00:08:33,559 --> 00:08:37,880 Speaker 7: the pandemic, and it did contribute to inflation around the world. 157 00:08:38,400 --> 00:08:40,839 Speaker 7: So the government's well, they are already showing signs of 158 00:08:40,880 --> 00:08:43,600 Speaker 7: being quite cautious about that. They're talking about the school 159 00:08:43,640 --> 00:08:50,160 Speaker 7: support being targeted and temporary and quite narrow. And that's 160 00:08:51,880 --> 00:08:54,679 Speaker 7: what you'd want to see when inflation is coming from 161 00:08:54,720 --> 00:09:00,960 Speaker 7: a not very comfortable starting point and going higher. Sensible 162 00:09:01,000 --> 00:09:05,040 Speaker 7: that they're being cautious not to push inflation higher with 163 00:09:05,280 --> 00:09:06,320 Speaker 7: the fiscal response. 164 00:09:06,440 --> 00:09:08,679 Speaker 2: Appreciate your time this morning, Matt. Matt gult ain Z, 165 00:09:08,880 --> 00:09:13,040 Speaker 2: Senior Economists it is seventeen after five morning, Ryan Diesel 166 00:09:13,200 --> 00:09:15,880 Speaker 2: Z and christ Church. Currently two ninety nine per Lisa. 167 00:09:15,920 --> 00:09:18,439 Speaker 2: I drive a truck to Pickton and back. Daily refill 168 00:09:18,559 --> 00:09:23,520 Speaker 2: is nearly eleven hundred dollars now, so you're paying more, dear, text, 169 00:09:23,679 --> 00:09:26,319 Speaker 2: you're paying more than the average because you go on 170 00:09:26,360 --> 00:09:27,920 Speaker 2: the gas pipp and you can see the average is 171 00:09:27,920 --> 00:09:30,560 Speaker 2: about two dollars eighty two for diesel across the country. 172 00:09:31,320 --> 00:09:34,240 Speaker 2: Enjoy your drive, be safe, right very quickly. This is 173 00:09:34,240 --> 00:09:37,560 Speaker 2: Scott Besson, the Treasury Sectary in the US. He says 174 00:09:38,000 --> 00:09:40,959 Speaker 2: they are looking now at lifting sanctions on irainy and oil. 175 00:09:41,320 --> 00:09:43,160 Speaker 2: I know you, Thank god, it was bad enough we 176 00:09:43,160 --> 00:09:45,320 Speaker 2: were thinking about the Russians. Well, now we're thinking about 177 00:09:45,360 --> 00:09:48,760 Speaker 2: Iranian oil. It's Iranian oil that's already at sea they reckon. 178 00:09:48,800 --> 00:09:51,280 Speaker 2: There's one hundred and forty million barrels of it out there, 179 00:09:51,600 --> 00:09:53,920 Speaker 2: and that is about ten days to two weeks of 180 00:09:53,920 --> 00:09:56,320 Speaker 2: supply that they had been pushing out and would have 181 00:09:56,320 --> 00:09:59,880 Speaker 2: all gone, probably to China. The US is also saying 182 00:10:00,040 --> 00:10:04,240 Speaker 2: we could release more strategic reserves. Japan, he says, might 183 00:10:04,320 --> 00:10:06,880 Speaker 2: do the same, and there is that meeting going on 184 00:10:07,120 --> 00:10:10,040 Speaker 2: right now between take Ichi and Trump at the White 185 00:10:10,080 --> 00:10:13,200 Speaker 2: House eighteen after five, News Talk ZB. We'll look at 186 00:10:13,200 --> 00:10:16,280 Speaker 2: the import of something else entirely next, and that is 187 00:10:16,800 --> 00:10:20,360 Speaker 2: ultra processed foods. The number that shouldn't shock you but 188 00:10:20,520 --> 00:10:23,360 Speaker 2: will shock you. But well, basically you know what's happening. 189 00:10:23,520 --> 00:10:25,360 Speaker 2: We're all eating ourselves to death. 190 00:10:26,080 --> 00:10:29,440 Speaker 1: News and Views you trust to start your day. It's 191 00:10:29,520 --> 00:10:33,640 Speaker 1: early edition with Bryan Bridge and one roof Love where 192 00:10:33,679 --> 00:10:34,040 Speaker 1: you Live. 193 00:10:34,320 --> 00:10:37,400 Speaker 2: News TALKSB TALKSB has just gone twenty after five. So 194 00:10:37,520 --> 00:10:41,720 Speaker 2: the UK and a bunch of European countries France, Germany, Italy, 195 00:10:41,760 --> 00:10:44,120 Speaker 2: the Netherlands and Japan, they have all come out with 196 00:10:44,120 --> 00:10:46,080 Speaker 2: a joint statement on the straight of hor moves, the 197 00:10:46,240 --> 00:10:47,920 Speaker 2: state of hor moves. Of course we care a lot 198 00:10:47,920 --> 00:10:49,720 Speaker 2: about because it affects the oil that goes to the 199 00:10:49,720 --> 00:10:52,559 Speaker 2: refineries that we buy it from. Here's what Trump had 200 00:10:52,600 --> 00:10:57,960 Speaker 2: to say is with the Japanese PM at the White House, we'll. 201 00:10:57,800 --> 00:11:01,319 Speaker 8: We'll be speaking about it today. We've had tremendous support 202 00:11:01,480 --> 00:11:05,320 Speaker 8: and relationship with Japan and everything. And I believe that 203 00:11:05,480 --> 00:11:09,160 Speaker 8: based on a statements who were given to us yesterday 204 00:11:09,240 --> 00:11:13,080 Speaker 8: the day before yesterday having to do with Japan, they 205 00:11:13,120 --> 00:11:16,679 Speaker 8: are really stepping up to the plant. Yes, unlike NATO. 206 00:11:18,640 --> 00:11:20,600 Speaker 2: What exactly does that mean? We are yet to know. 207 00:11:20,960 --> 00:11:22,880 Speaker 1: Brian Bridge a. 208 00:11:22,800 --> 00:11:26,640 Speaker 2: New study into unhealthy eating in nineteen ninety. Here's a 209 00:11:26,720 --> 00:11:30,840 Speaker 2: number for you. We imported sixteen kilograms of ultra process 210 00:11:30,920 --> 00:11:34,600 Speaker 2: foods per person per year twenty twenty three, one hundred 211 00:11:34,720 --> 00:11:38,400 Speaker 2: and four kilograms. Niki Heart Nutrition us with us this morning. NICKI, 212 00:11:38,520 --> 00:11:40,720 Speaker 2: good morning, Hi Ryan. 213 00:11:40,800 --> 00:11:42,000 Speaker 9: Isn't it biggers belief? 214 00:11:42,000 --> 00:11:42,240 Speaker 10: Really? 215 00:11:42,280 --> 00:11:42,800 Speaker 9: Doesn't it? 216 00:11:42,800 --> 00:11:45,320 Speaker 2: It does? What are we talking about? Fizzy drinks and stuff? 217 00:11:46,240 --> 00:11:50,000 Speaker 9: We're talking ultra processed foods that you probably don't even 218 00:11:50,120 --> 00:11:53,640 Speaker 9: think that you're eating. That's ultra process So it's high 219 00:11:54,640 --> 00:11:59,120 Speaker 9: unhealthy sets and sugar and salty food No. Big manufacturers 220 00:11:59,200 --> 00:12:01,280 Speaker 9: are paying bills of dollars to make you want to 221 00:12:01,320 --> 00:12:04,439 Speaker 9: eat efforts. So you know, it's really hard out there 222 00:12:04,640 --> 00:12:07,360 Speaker 9: for people to make healthy choices when you're being bombarded. 223 00:12:07,880 --> 00:12:10,520 Speaker 2: When you say I won't necessarily know I'm eating it, 224 00:12:11,040 --> 00:12:13,240 Speaker 2: give me an example, because I know a can of 225 00:12:13,280 --> 00:12:14,400 Speaker 2: Coke's not going to be good for me. 226 00:12:15,440 --> 00:12:19,320 Speaker 9: Yeah, but it's canned foods that we bring in. It's 227 00:12:20,360 --> 00:12:23,360 Speaker 9: packets of biscuits and crackers that you think, oh well, 228 00:12:23,360 --> 00:12:26,559 Speaker 9: they've got a health claim on them. But they're disguising 229 00:12:26,600 --> 00:12:29,160 Speaker 9: their product because what they're doing is they're making you 230 00:12:29,800 --> 00:12:33,800 Speaker 9: want it by mouthfield. They've spent millions of dollars making 231 00:12:33,840 --> 00:12:36,560 Speaker 9: you like the product that you want it more and more. 232 00:12:36,640 --> 00:12:40,280 Speaker 9: So they upsize it and they market it to you 233 00:12:40,360 --> 00:12:43,000 Speaker 9: with pretty colors so that kids are looking at it. 234 00:12:44,440 --> 00:12:46,559 Speaker 9: They do it all by stealth, they absolutely do. 235 00:12:46,800 --> 00:12:49,520 Speaker 2: But we don't just have stomachs, we have brains. Surely 236 00:12:49,559 --> 00:12:53,120 Speaker 2: we can, you know, we can distinguish between a chicken 237 00:12:53,200 --> 00:12:54,920 Speaker 2: nugget and a piece of chicken. 238 00:12:55,920 --> 00:12:59,080 Speaker 9: Yeah, but don't forget that this is being marketed to 239 00:12:59,200 --> 00:13:04,280 Speaker 9: a lot of vunerable all communities. They put it in 240 00:13:04,280 --> 00:13:06,760 Speaker 9: a way that children get to see it so that 241 00:13:07,720 --> 00:13:12,040 Speaker 9: they come to you wanting It's it's really there's a 242 00:13:12,080 --> 00:13:15,319 Speaker 9: lot of money and time goes into this that makes 243 00:13:15,600 --> 00:13:19,240 Speaker 9: these children want it. Our races, our mates a childhood 244 00:13:19,280 --> 00:13:21,920 Speaker 9: obesity are going through the roof. And you know, I 245 00:13:21,960 --> 00:13:25,640 Speaker 9: find it kind of paradoxical that big farm we've got 246 00:13:25,640 --> 00:13:29,160 Speaker 9: big food manufacturing spending billions on this, and then we've 247 00:13:29,200 --> 00:13:33,640 Speaker 9: got big farmers spending billions on dollar dollars on GLP 248 00:13:33,800 --> 00:13:37,120 Speaker 9: one injections. So we've got some on some side making 249 00:13:37,200 --> 00:13:40,079 Speaker 9: huge amounts of money making us want and eat foods 250 00:13:40,080 --> 00:13:41,960 Speaker 9: to make us un healthy. And then we've got the 251 00:13:42,000 --> 00:13:46,000 Speaker 9: other side selling us injections to make us lose weight. 252 00:13:46,040 --> 00:13:48,119 Speaker 9: But big food industry cause. 253 00:13:48,000 --> 00:13:51,280 Speaker 2: So it's crazy, but we're we I mean, we have brains, 254 00:13:51,400 --> 00:13:54,320 Speaker 2: but we do it. You know, like the Wendy's goes 255 00:13:54,360 --> 00:13:56,760 Speaker 2: in the belt goes out the way GOV goes in 256 00:13:56,840 --> 00:14:00,280 Speaker 2: the belt comes back and does it actually matter what 257 00:14:00,320 --> 00:14:02,640 Speaker 2: we eat? You know, if we have waygover in, our 258 00:14:02,640 --> 00:14:03,280 Speaker 2: problem solved. 259 00:14:03,360 --> 00:14:07,320 Speaker 9: Nikki, oh no, because like these are those are creating 260 00:14:07,640 --> 00:14:12,080 Speaker 9: highly commn like non communicable diseases, you know, like it's 261 00:14:12,240 --> 00:14:16,400 Speaker 9: hurting our people. I just think we need to be 262 00:14:16,400 --> 00:14:19,320 Speaker 9: better at our regulations. We need to you know. I 263 00:14:19,400 --> 00:14:25,320 Speaker 9: just don't like the idea that in communities where people 264 00:14:25,320 --> 00:14:29,200 Speaker 9: are vulnerable, big food industry goes in and they will 265 00:14:29,480 --> 00:14:33,400 Speaker 9: color the side of a dairy in bright colors so 266 00:14:33,440 --> 00:14:36,960 Speaker 9: that children go in and buy these drinks and packets 267 00:14:37,000 --> 00:14:39,280 Speaker 9: of food because it looks pretty. 268 00:14:40,840 --> 00:14:41,960 Speaker 11: It's got a big tough on it. 269 00:14:42,680 --> 00:14:44,560 Speaker 2: Appreciate your time this morning, Thanks for being with me, 270 00:14:44,640 --> 00:14:46,960 Speaker 2: Nicky Heart Nutrition US. There's your warning before you go, 271 00:14:47,000 --> 00:14:50,280 Speaker 2: stuff you face with breakfast. It is twenty five minutes 272 00:14:50,400 --> 00:14:53,840 Speaker 2: after five that Rob Bob's is ryan basic rule of thumb. 273 00:14:53,840 --> 00:14:56,360 Speaker 2: If it tastes good, it's bad for you, not bad. 274 00:14:56,680 --> 00:15:00,080 Speaker 1: The early edition full show podcast on I Have Read 275 00:15:00,480 --> 00:15:01,400 Speaker 1: Palate by News. 276 00:15:01,320 --> 00:15:05,320 Speaker 2: Talks IB News Talks b It is twenty seven minutes 277 00:15:05,320 --> 00:15:08,800 Speaker 2: after five. Is Joe Kent this week's voice of reason? 278 00:15:08,960 --> 00:15:11,600 Speaker 2: Is he the guy speaking truth in the fog of war? 279 00:15:12,000 --> 00:15:15,560 Speaker 12: But there was no intelligence that said, hey, on whatevery day. 280 00:15:15,560 --> 00:15:17,960 Speaker 12: It was March first, the Iranians are going to launch 281 00:15:18,000 --> 00:15:19,960 Speaker 12: this big sneak attack. They're going to do some kind 282 00:15:19,960 --> 00:15:22,040 Speaker 12: of a nine eleven Pearl Harbor, et cetera. They're going 283 00:15:22,080 --> 00:15:24,480 Speaker 12: to attack one of our bases. There was none of 284 00:15:24,480 --> 00:15:25,120 Speaker 12: that intelligence. 285 00:15:25,160 --> 00:15:27,160 Speaker 2: So he's going to sit down Attacker Carlson on his 286 00:15:27,200 --> 00:15:28,480 Speaker 2: podcasts with Listen. 287 00:15:28,320 --> 00:15:32,560 Speaker 12: The Israelis drove the decision to take this action, which 288 00:15:32,600 --> 00:15:35,920 Speaker 12: we knew would set off a series of events, meaning 289 00:15:35,920 --> 00:15:37,640 Speaker 12: the Iranians would retaliate. 290 00:15:37,720 --> 00:15:40,440 Speaker 2: Now he's a mega guy. He was a Trump guy, 291 00:15:40,480 --> 00:15:42,560 Speaker 2: but this week he turned his back on the President. 292 00:15:42,640 --> 00:15:46,760 Speaker 2: He quit his job as America's top counter tourism terrorism official. 293 00:15:46,840 --> 00:15:50,600 Speaker 2: I should say he was a soldier, He served in Iraq, 294 00:15:51,160 --> 00:15:54,240 Speaker 2: his wife was killed in a suicide bombing in Syria. 295 00:15:54,320 --> 00:15:57,440 Speaker 2: He's no snowflake. He just doesn't want the US getting 296 00:15:57,480 --> 00:16:00,960 Speaker 2: bogged down in wars that he thinks they can't. It's 297 00:16:01,040 --> 00:16:02,960 Speaker 2: one thing to bomb the hell out of a country, 298 00:16:03,120 --> 00:16:05,280 Speaker 2: but when the dust settles and the troops go home 299 00:16:05,360 --> 00:16:08,880 Speaker 2: and the victory banners have been unfurled, then what and 300 00:16:08,960 --> 00:16:13,240 Speaker 2: Iraq a power vacuum? An isis so? In calling this 301 00:16:13,280 --> 00:16:17,000 Speaker 2: out in quitting, is Joe Kent a hero or a 302 00:16:17,040 --> 00:16:21,040 Speaker 2: traitor to America? The FBI is now investigating him. That's 303 00:16:21,040 --> 00:16:23,840 Speaker 2: not unusual. Look at Jerome Powell, the spending on the 304 00:16:23,880 --> 00:16:26,800 Speaker 2: building of the FED chair, John Bolton, right down to 305 00:16:26,880 --> 00:16:31,560 Speaker 2: Jimmy Kimmel, remember that investigated by the US TV regulated 306 00:16:31,640 --> 00:16:35,600 Speaker 2: for criticizing Trump. Only time will tell whether there was 307 00:16:35,640 --> 00:16:39,080 Speaker 2: a pressing need for starting this war that we're all 308 00:16:39,120 --> 00:16:42,480 Speaker 2: paying for now. But history tells us it won't end 309 00:16:42,800 --> 00:16:47,760 Speaker 2: just because the US President says so. Bryan Bridge, twenty 310 00:16:47,840 --> 00:16:49,960 Speaker 2: nine minutes after five nine two ninety two is the 311 00:16:50,040 --> 00:16:52,160 Speaker 2: number to text now for everyone texting in about the 312 00:16:52,160 --> 00:16:54,200 Speaker 2: price of fuel? Are we being ripped off at the pump. 313 00:16:54,240 --> 00:16:58,160 Speaker 2: The answer is no, the fuel companies are ripping us off. 314 00:16:58,560 --> 00:17:01,560 Speaker 2: So the refined product costs including shipping was up sixty 315 00:17:01,600 --> 00:17:07,360 Speaker 2: five cents a liter on pre war sixty eight percent increase. 316 00:17:07,960 --> 00:17:10,840 Speaker 2: The average retail price was up fifty five cents or 317 00:17:10,880 --> 00:17:14,720 Speaker 2: twenty one percent. So what the ComCom has said, and 318 00:17:14,760 --> 00:17:16,600 Speaker 2: I spoke to them the other day, they said that 319 00:17:16,960 --> 00:17:19,960 Speaker 2: the fuel companies are basically getting a tick. And the 320 00:17:19,960 --> 00:17:21,919 Speaker 2: price that you're paying at the pump today is not 321 00:17:21,960 --> 00:17:24,439 Speaker 2: the price they paid for it. It's the price they 322 00:17:24,480 --> 00:17:28,240 Speaker 2: will replace it at that really matters. We're on News 323 00:17:28,280 --> 00:17:30,920 Speaker 2: talks 'B. Great to have your company Friday morning. We'll 324 00:17:30,920 --> 00:17:32,919 Speaker 2: speak to our reporters. We'll get to Vincent in the 325 00:17:33,000 --> 00:17:37,159 Speaker 2: UK and why Tom or fuel Boss all before six. 326 00:17:40,800 --> 00:17:47,280 Speaker 3: Smptertween the news you need this morning and the in 327 00:17:47,400 --> 00:17:51,560 Speaker 3: depth analysis Early edition with Ryan Bridge and one Route 328 00:17:51,920 --> 00:17:54,679 Speaker 3: Love where you lift News TALKSTB. 329 00:17:57,119 --> 00:17:59,280 Speaker 2: Twenty four away from the six News talks 'B coming 330 00:17:59,320 --> 00:18:01,040 Speaker 2: up the full six. We'll talk to White, some will 331 00:18:01,080 --> 00:18:03,679 Speaker 2: Fuel about what they want, what red tape and regulations 332 00:18:03,680 --> 00:18:05,480 Speaker 2: they want. Cart will also go to Vincent and the 333 00:18:05,560 --> 00:18:08,000 Speaker 2: UK kept you across these situation the middle East and 334 00:18:08,040 --> 00:18:11,280 Speaker 2: abroad this morning. Of course, as we always do, this 335 00:18:11,320 --> 00:18:13,439 Speaker 2: is an interesting one. South Australia is going to the 336 00:18:13,480 --> 00:18:16,880 Speaker 2: polls on Saturday. And this is a real warning for 337 00:18:17,160 --> 00:18:19,080 Speaker 2: any of your big parties, any of you made your 338 00:18:19,119 --> 00:18:22,520 Speaker 2: mainstream legacy parties as close for a Bok likes to 339 00:18:22,520 --> 00:18:25,840 Speaker 2: call them your legacy parties like Labor and National or 340 00:18:25,920 --> 00:18:29,400 Speaker 2: in Australia Liberals. So there's a poll come out, New 341 00:18:29,440 --> 00:18:33,400 Speaker 2: News Poll poll. So election is Saturday, and it's got 342 00:18:33,480 --> 00:18:37,800 Speaker 2: one nation that's Pauline Hanson. They're Lot one nation, sitting 343 00:18:37,800 --> 00:18:41,560 Speaker 2: on twenty two percent and the Liberals sixteen percent. This 344 00:18:41,600 --> 00:18:44,040 Speaker 2: is days out from the election. And everyone thought, oh, 345 00:18:44,359 --> 00:18:48,440 Speaker 2: it's sort of a you know that far out, her 346 00:18:48,600 --> 00:18:52,080 Speaker 2: support will fall closer to the actual polling. It hasn't. 347 00:18:52,640 --> 00:18:55,160 Speaker 2: Labor's on forty percent. So the vote on the writer's 348 00:18:55,240 --> 00:18:58,399 Speaker 2: split and Labor is going to romp home. Basically is 349 00:18:58,400 --> 00:19:02,400 Speaker 2: the lesson from this and the lesson for everybody else's grievance. 350 00:19:02,480 --> 00:19:07,000 Speaker 2: Politics are a real thing. Crying Bridge Talks B twenty 351 00:19:07,040 --> 00:19:09,320 Speaker 2: three to two. Now let's go to Emily ansel Need 352 00:19:09,359 --> 00:19:11,960 Speaker 2: and Emily, good morning, good morning. What's this about? An 353 00:19:11,960 --> 00:19:14,560 Speaker 2: Otago Lab and food safety. 354 00:19:14,880 --> 00:19:18,160 Speaker 13: Yes, well, that lab is looking to change food safety culture. 355 00:19:18,520 --> 00:19:21,840 Speaker 13: The Food Safety Culture Lab is a research group focused 356 00:19:21,880 --> 00:19:24,800 Speaker 13: on how human behaviors in the food industry can lead 357 00:19:24,840 --> 00:19:28,920 Speaker 13: to illnesses. It will investigate how people navigate safety systems, 358 00:19:29,240 --> 00:19:32,800 Speaker 13: balance pressures, and deal with uncertainty and respond to risk. 359 00:19:33,320 --> 00:19:36,880 Speaker 13: Co leader Professor Miranda Eurosis says while the industry has 360 00:19:37,200 --> 00:19:40,919 Speaker 13: strict safety policies, staff don't always adhere to them, with 361 00:19:41,040 --> 00:19:44,359 Speaker 13: people usually getting sick when someone hasn't followed the rules. 362 00:19:44,680 --> 00:19:47,320 Speaker 13: She says, the Lab aims to develop and test different 363 00:19:47,400 --> 00:19:50,160 Speaker 13: interventions to improve food safety culture. 364 00:19:50,800 --> 00:19:52,400 Speaker 2: Very good, how's the weather find? 365 00:19:52,440 --> 00:19:55,400 Speaker 13: Apart from some early morning cloud and northeasterly is developing 366 00:19:55,440 --> 00:19:57,440 Speaker 13: for a time in the afternoon and evening with a 367 00:19:57,520 --> 00:19:59,080 Speaker 13: high of seventeen degrees. 368 00:19:59,240 --> 00:20:01,680 Speaker 2: Wonderful, Emily, Thank you clears in christ this morning. Clear, 369 00:20:01,960 --> 00:20:04,680 Speaker 2: good morning, you're feeling pretty good about your city council there? 370 00:20:05,040 --> 00:20:08,280 Speaker 14: Well, yes I am, but so to our residents. We 371 00:20:08,400 --> 00:20:12,320 Speaker 14: have the latest residence satisfaction survey here and it looks 372 00:20:12,320 --> 00:20:14,600 Speaker 14: like things have hit a seven year high for christ Church. 373 00:20:14,960 --> 00:20:18,719 Speaker 14: The annual residence survey shows sixty percent of ratepayers are 374 00:20:18,720 --> 00:20:22,680 Speaker 14: satisfied that's up seven percent on last year. It's still 375 00:20:22,760 --> 00:20:25,920 Speaker 14: a fair way from the pre earthquake levels, where satisfaction 376 00:20:26,200 --> 00:20:29,960 Speaker 14: was about seventy nine percent, but we see a huge 377 00:20:29,960 --> 00:20:32,840 Speaker 14: improvement on the forty two percent that we recorded in 378 00:20:32,880 --> 00:20:36,959 Speaker 14: twenty twenty two. Dissatisfaction is mostly tied to road conditions, 379 00:20:37,160 --> 00:20:41,399 Speaker 14: followed by storm water management and council's work around climate emissions. 380 00:20:41,520 --> 00:20:44,560 Speaker 14: There is also a perception, though that council may not 381 00:20:44,600 --> 00:20:48,760 Speaker 14: be heeding residents priorities for spending. Mayor Film Major says. 382 00:20:48,840 --> 00:20:51,159 Speaker 14: He acknowledges there's still a lot of work to do, 383 00:20:51,440 --> 00:20:54,440 Speaker 14: but this does suggest improvements made since twenty twenty two 384 00:20:54,680 --> 00:20:56,159 Speaker 14: have been steadily helping. 385 00:20:56,359 --> 00:20:57,480 Speaker 2: All Right, how's your weather? 386 00:20:58,240 --> 00:21:00,399 Speaker 14: It should be cloudy today, but it drizzle about clearing 387 00:21:00,400 --> 00:21:04,480 Speaker 14: in the afternoon. Morning and afternoon easterlies and a high eighteen. 388 00:21:04,280 --> 00:21:07,080 Speaker 2: Nice, frank, clear, Thank you, Max, Good morning, Good morning, 389 00:21:07,280 --> 00:21:09,679 Speaker 2: A sheered spice At the new council, he calls us 390 00:21:09,720 --> 00:21:11,119 Speaker 2: ruffling a few feathers there. 391 00:21:11,880 --> 00:21:17,040 Speaker 15: Yeah, some elected members apparently unhappy with their new fit 392 00:21:17,119 --> 00:21:20,280 Speaker 15: out at these this new waterfront headquarters that the council 393 00:21:20,359 --> 00:21:22,720 Speaker 15: is moving into that have taken far too long to 394 00:21:22,760 --> 00:21:26,040 Speaker 15: prepare At great cost to the ratepair. Mayor Andrew Little 395 00:21:26,080 --> 00:21:28,840 Speaker 15: says the design has a lost opportunity yet too late 396 00:21:28,880 --> 00:21:31,639 Speaker 15: to change. But apparently it's all right for some senior 397 00:21:31,680 --> 00:21:34,840 Speaker 15: council offices. They've given themselves the building's top floor with 398 00:21:34,920 --> 00:21:39,439 Speaker 15: its panoramic views of the harbor. The councilors and the 399 00:21:39,440 --> 00:21:41,760 Speaker 15: mayor Deputy mayor were given a tour of this Data 400 00:21:41,840 --> 00:21:45,560 Speaker 15: com Jervis Key site, and a few weren't happy the 401 00:21:45,600 --> 00:21:49,760 Speaker 15: size of their offices, this shared lounge where they all 402 00:21:49,800 --> 00:21:52,399 Speaker 15: have to get along. The Mayor's office. Discontent to brewing 403 00:21:52,440 --> 00:21:54,960 Speaker 15: behind the scenes. Apparently you can read the story in 404 00:21:55,000 --> 00:21:58,159 Speaker 15: the Herald. All decided long ago, though nothing they can 405 00:21:58,200 --> 00:22:00,080 Speaker 15: do about it. They're moving from the terrace twelve one 406 00:22:00,119 --> 00:22:02,679 Speaker 15: hundred staff in total. I imagine most will only come 407 00:22:02,720 --> 00:22:04,879 Speaker 15: in a day or two a week. More than two 408 00:22:04,920 --> 00:22:06,760 Speaker 15: hundred million dollars for a twenty five year lease. 409 00:22:06,960 --> 00:22:10,320 Speaker 2: Oh just stop at max. So would you do they 410 00:22:10,359 --> 00:22:13,000 Speaker 2: say which counselors are unhappy? Or is it more known? 411 00:22:13,240 --> 00:22:13,760 Speaker 2: This is all? 412 00:22:14,280 --> 00:22:18,760 Speaker 15: This is all on background, fed to the reporter. Discontent, 413 00:22:18,880 --> 00:22:21,560 Speaker 15: et cetera, et cetera. All sort of deep throat stuff. 414 00:22:22,880 --> 00:22:25,600 Speaker 2: No one likes the sheared office space no one likes 415 00:22:25,680 --> 00:22:27,760 Speaker 2: when no one, no one likes an office period. Did 416 00:22:27,920 --> 00:22:31,080 Speaker 2: you just get on with it, don't you? Honestly? How's 417 00:22:31,119 --> 00:22:32,520 Speaker 2: you wear the max? Yeah? 418 00:22:32,680 --> 00:22:34,560 Speaker 15: Mainly fine with Southerly seventeen. 419 00:22:35,080 --> 00:22:38,160 Speaker 2: Nice one, Thank you, Neva. Good morning, greetings. We've got 420 00:22:38,160 --> 00:22:41,560 Speaker 2: pollution on Auckland's roads and it's actually causing some harm. 421 00:22:41,840 --> 00:22:45,000 Speaker 16: That's right now. Look at this Auckland University report that's 422 00:22:45,040 --> 00:22:47,800 Speaker 16: just come out as saying that about four thousand hospital 423 00:22:47,800 --> 00:22:51,600 Speaker 16: admissions could be avoided if the city had cleaner air. 424 00:22:52,119 --> 00:22:54,680 Speaker 16: Public health professor Alista Woodwood he's come out, he is, 425 00:22:54,680 --> 00:22:58,200 Speaker 16: he's these tiny gas particles from petro and diesel, they 426 00:22:58,280 --> 00:23:01,440 Speaker 16: make their way into el blow stream and the risk 427 00:23:01,600 --> 00:23:05,000 Speaker 16: is higher, he's saying for those predisposed to respiratory disease 428 00:23:05,119 --> 00:23:08,840 Speaker 16: like older people and then also children with asthma. And 429 00:23:08,920 --> 00:23:11,640 Speaker 16: he's saying that the air pollution just irritates the air ways, 430 00:23:11,680 --> 00:23:14,120 Speaker 16: as we know, but if children already have a tendency 431 00:23:14,160 --> 00:23:17,760 Speaker 16: to wheeze, then it can be serious. So he's also saying, 432 00:23:17,960 --> 00:23:20,360 Speaker 16: you know, what are the solutions then, well, he wants 433 00:23:20,359 --> 00:23:22,680 Speaker 16: to see fewer and cleaner cars. Is they all want 434 00:23:22,680 --> 00:23:24,440 Speaker 16: two more options and people who want to travel in 435 00:23:24,480 --> 00:23:27,040 Speaker 16: other ways. But the way the picturel's hitting Mike, it 436 00:23:27,160 --> 00:23:27,880 Speaker 16: is wish maybe. 437 00:23:27,680 --> 00:23:31,600 Speaker 2: People will we bike. How's our weather? Even? 438 00:23:31,680 --> 00:23:33,840 Speaker 16: Find another hot one a high of twenty four here 439 00:23:33,840 --> 00:23:35,320 Speaker 16: in Auckland and it's going to be like that for 440 00:23:35,400 --> 00:23:36,360 Speaker 16: the whole weekend as well. 441 00:23:36,440 --> 00:23:38,399 Speaker 2: Fantastic. If I could give you the option of not 442 00:23:38,480 --> 00:23:40,560 Speaker 2: being in a shared off of space, would you take it? 443 00:23:43,119 --> 00:23:45,879 Speaker 2: You quite enjoy actually being around other people, don't you 444 00:23:46,080 --> 00:23:46,520 Speaker 2: what you mean? 445 00:23:46,560 --> 00:23:47,360 Speaker 14: You're throwing that by fact? 446 00:23:47,480 --> 00:23:49,120 Speaker 16: Yeah, I do, but you do too. 447 00:23:49,040 --> 00:23:51,240 Speaker 2: To I do too. But I think the benefit we 448 00:23:51,280 --> 00:23:52,840 Speaker 2: have is we get to come into a studio on 449 00:23:52,880 --> 00:23:54,679 Speaker 2: our own every now and then. Yes, you need some 450 00:23:54,760 --> 00:23:55,399 Speaker 2: alone time. 451 00:23:55,359 --> 00:23:57,240 Speaker 16: Yes, And I've got to admit too because when we 452 00:23:57,320 --> 00:23:59,600 Speaker 16: come in the morning, it's quite a small team. And 453 00:23:59,640 --> 00:24:02,040 Speaker 16: then by the time we leave, the bulk of the 454 00:24:02,080 --> 00:24:03,920 Speaker 16: newsroom come in and I'm kind of quite. 455 00:24:03,800 --> 00:24:06,000 Speaker 2: Glad that that we leave it, that we leave it. 456 00:24:06,200 --> 00:24:08,400 Speaker 2: I've got to say that walking into a shopping mall 457 00:24:08,440 --> 00:24:12,840 Speaker 2: at that point too much. Eighteen away from six thinks 458 00:24:12,960 --> 00:24:16,480 Speaker 2: Neva back next with a UK correspondent and we'll talk 459 00:24:16,520 --> 00:24:18,480 Speaker 2: to what it's on or fuel as well, what exactly 460 00:24:18,480 --> 00:24:21,439 Speaker 2: do they want to see change to get more fuel 461 00:24:21,640 --> 00:24:24,200 Speaker 2: into the country news talks b Now, when most of 462 00:24:24,280 --> 00:24:27,000 Speaker 2: us think of Fiji, we tend to recall lovely, sun 463 00:24:27,040 --> 00:24:29,960 Speaker 2: filled family holidays with the kids, romantic getaways with the 464 00:24:30,000 --> 00:24:32,680 Speaker 2: other half. Maybe, and there's nothing wrong with that. Thousands 465 00:24:32,720 --> 00:24:35,160 Speaker 2: of us have done it and very much enjoyed ourselves. 466 00:24:35,520 --> 00:24:38,479 Speaker 2: What doesn't necessarily come to mind often, though, is this 467 00:24:38,560 --> 00:24:42,520 Speaker 2: idea of absolute luxury. Well, here's an update for you. 468 00:24:42,560 --> 00:24:47,000 Speaker 2: Here's breaking news. Fiji does luxury just as luxuriously as 469 00:24:47,080 --> 00:24:52,080 Speaker 2: anywhere else in the world. Think overwater burets, elevated dining experiences, 470 00:24:52,320 --> 00:24:57,520 Speaker 2: personalized wellness retreats, secluded luxury experiences. They recharge your batteries 471 00:24:57,560 --> 00:25:00,000 Speaker 2: like nothing else on earth will. In Fiji, you can 472 00:25:00,119 --> 00:25:03,680 Speaker 2: have it all, from luxurious island to Ireland. Let's start 473 00:25:03,680 --> 00:25:08,280 Speaker 2: with Vomel named number one best luxury Fiji resort for families. Then, 474 00:25:08,320 --> 00:25:12,280 Speaker 2: of course there is Tokuriki named Fiji's best adults only resort. 475 00:25:12,600 --> 00:25:15,760 Speaker 2: And you can't go past Nanuku Resort, a five hundred 476 00:25:15,760 --> 00:25:19,520 Speaker 2: acre coastal Fiji estate. This is where Hollywood starts to go. 477 00:25:19,600 --> 00:25:22,440 Speaker 2: Think Hilary Swank Neil Patrick Harris, they've all stayed there, 478 00:25:22,440 --> 00:25:24,600 Speaker 2: they've all raved about it. List goes on. So if 479 00:25:24,640 --> 00:25:27,600 Speaker 2: you're looking for luxury with a distinctly welcoming vibe, head 480 00:25:27,640 --> 00:25:31,160 Speaker 2: to Fiji, where happiness and luxury comes naturally. 481 00:25:32,080 --> 00:25:36,000 Speaker 1: International correspondence with ends in eye insurance, peace of mind 482 00:25:36,040 --> 00:25:37,440 Speaker 1: for New Zealand Business. 483 00:25:39,119 --> 00:25:41,520 Speaker 2: News talk to b It is forteen minutes away from six. 484 00:25:41,560 --> 00:25:44,360 Speaker 2: It's got Vincent mcavinie. In the UK. Price of gas 485 00:25:44,440 --> 00:25:46,359 Speaker 2: has gone through the roof overnight. Vincent. 486 00:25:47,960 --> 00:25:51,439 Speaker 10: Yeah, that's right. Oil this morning trading above one hundred 487 00:25:51,480 --> 00:25:54,600 Speaker 10: and ten dollars per barrel, almost doubling of course since 488 00:25:54,600 --> 00:25:57,399 Speaker 10: this war began, and the price of natural gas as well, 489 00:25:57,680 --> 00:26:02,119 Speaker 10: spiking more than twenty percent. That is our. Israel overnight 490 00:26:02,280 --> 00:26:08,480 Speaker 10: attacked huge Iranian oil and gas facilities, the South PAS facility. 491 00:26:08,920 --> 00:26:13,840 Speaker 10: Iran responded in turn by attacking facilities in other nations, 492 00:26:13,880 --> 00:26:20,440 Speaker 10: including Saudi Arabia and Qatar. This escalation is really damaging 493 00:26:20,640 --> 00:26:23,440 Speaker 10: for the global economy. Even Donald Trump has come out 494 00:26:23,720 --> 00:26:26,280 Speaker 10: said he did not know Israel was going to do this, 495 00:26:26,400 --> 00:26:29,080 Speaker 10: that they won't do this again, and called on Iran 496 00:26:29,400 --> 00:26:34,879 Speaker 10: not to respond this as well as the Pentagon asks 497 00:26:34,960 --> 00:26:39,320 Speaker 10: him for some two hundred billion dollars for a war chest. 498 00:26:39,600 --> 00:26:41,520 Speaker 10: That is a huge amount of money. To give you 499 00:26:41,720 --> 00:26:44,640 Speaker 10: some perspective, we think the US has only given Ukraine 500 00:26:44,720 --> 00:26:48,200 Speaker 10: about sort of fifty billion dollars over the past four 501 00:26:48,280 --> 00:26:52,320 Speaker 10: years for its resistance to Russia. So it is clear 502 00:26:52,720 --> 00:26:57,560 Speaker 10: that the US is trying to de escalate things slightly. 503 00:26:58,040 --> 00:27:00,560 Speaker 10: But Donald Trump currently giving a press conference in which 504 00:27:00,760 --> 00:27:03,840 Speaker 10: it's unclear what the objectives are and when this conflict 505 00:27:03,920 --> 00:27:04,440 Speaker 10: might be over. 506 00:27:04,680 --> 00:27:08,720 Speaker 2: Yeah. Absolutely. Now, just finally on the straight of horn, Muz, 507 00:27:08,800 --> 00:27:12,040 Speaker 2: there's been a joint statement issued by Japan bunch of 508 00:27:12,040 --> 00:27:14,520 Speaker 2: European countries, including the UK. From what I can see, 509 00:27:14,560 --> 00:27:16,480 Speaker 2: it's all a bit of nothing. What do you make 510 00:27:16,520 --> 00:27:18,480 Speaker 2: of it? Yeah, that's right. 511 00:27:18,520 --> 00:27:20,520 Speaker 10: The Japanese Prime Minister, has we said, is right now 512 00:27:20,560 --> 00:27:22,919 Speaker 10: sitting with Donald Trump in the Oval Office, and it 513 00:27:23,000 --> 00:27:26,360 Speaker 10: is slightly awkward, as it always is with these sort 514 00:27:26,400 --> 00:27:29,160 Speaker 10: of pool sprays that he does. He's made joke about 515 00:27:29,160 --> 00:27:32,320 Speaker 10: Pearl Harbor at one point, but he has put the 516 00:27:32,720 --> 00:27:35,560 Speaker 10: As you mentioned, Japan and other allies, including the UK, 517 00:27:35,760 --> 00:27:39,000 Speaker 10: in Italy and France have put out a joint statement 518 00:27:39,560 --> 00:27:43,240 Speaker 10: really criticizing the attack on civilian infrastructure and calling for 519 00:27:43,320 --> 00:27:46,080 Speaker 10: it to stop and for the threats to end in 520 00:27:46,080 --> 00:27:49,719 Speaker 10: the stretch of Hormus, saying that freedom of navigation in 521 00:27:49,720 --> 00:27:53,800 Speaker 10: international waters is a fundamental principle, that the effect of 522 00:27:54,119 --> 00:27:57,280 Speaker 10: Iran's actions are being felt by people, particularly vulnerable people, 523 00:27:57,440 --> 00:28:01,880 Speaker 10: right around the world, and the group expressing its readiness 524 00:28:01,880 --> 00:28:07,000 Speaker 10: to contribute appropriate efforts to secure this passage should they 525 00:28:07,000 --> 00:28:09,680 Speaker 10: be needed. But this comes, you know, as I say, 526 00:28:09,720 --> 00:28:14,040 Speaker 10: those huge shocks in energy prices and the disruption of 527 00:28:14,080 --> 00:28:16,760 Speaker 10: the flows as well. We might not be feeling it 528 00:28:17,400 --> 00:28:20,720 Speaker 10: just quite yet, but in the coming weeks and months, 529 00:28:20,800 --> 00:28:25,399 Speaker 10: it's thought that these economies will really struggle, particularly you know, 530 00:28:25,480 --> 00:28:28,440 Speaker 10: the US, maybe not so given its energy independence. In 531 00:28:28,560 --> 00:28:31,280 Speaker 10: kind of course they are having you know, petrol prices rise. 532 00:28:31,560 --> 00:28:33,640 Speaker 10: But to give an example here, the UK had an 533 00:28:33,640 --> 00:28:37,880 Speaker 10: interest rate meeting today in which it was expected that 534 00:28:37,960 --> 00:28:41,040 Speaker 10: the rates would be cut once again, as they've gradually been, 535 00:28:41,360 --> 00:28:43,360 Speaker 10: but they've been held steady, and the odds of an 536 00:28:43,440 --> 00:28:46,760 Speaker 10: increase at the next meeting in June have been massively 537 00:28:47,320 --> 00:28:49,640 Speaker 10: increased to about sixty to seventy percent. 538 00:28:49,680 --> 00:28:52,200 Speaker 2: Now vin to make of any UK europe correspondent to you, 539 00:28:52,320 --> 00:28:55,360 Speaker 2: interestingly that they've decided to hold along with Switzerland, a 540 00:28:55,360 --> 00:28:57,320 Speaker 2: whole bunch of other central banks doing the same. That 541 00:28:57,400 --> 00:29:00,600 Speaker 2: basically White and Sea is what they're doing. So two 542 00:29:00,680 --> 00:29:03,560 Speaker 2: rate hikes, as Vincent mentioned one, but the market's now 543 00:29:03,560 --> 00:29:07,360 Speaker 2: pricing in two rate hikes in the UK by September, 544 00:29:08,360 --> 00:29:11,760 Speaker 2: Ryan Rich, So the government another press conference yesterday on 545 00:29:11,800 --> 00:29:12,720 Speaker 2: the whale situation. 546 00:29:13,280 --> 00:29:15,280 Speaker 17: What we are working with fuel and por design is 547 00:29:15,320 --> 00:29:18,920 Speaker 17: to say, if you weren't able to source refined products 548 00:29:18,960 --> 00:29:22,320 Speaker 17: from your usual sources, how many more options would be 549 00:29:22,360 --> 00:29:25,080 Speaker 17: on the table if we relax some specifications. And which 550 00:29:25,120 --> 00:29:27,240 Speaker 17: specifications would you like to relax? 551 00:29:27,560 --> 00:29:30,880 Speaker 2: Let's ask why toll More, Boss Simon params with US 552 00:29:30,880 --> 00:29:34,160 Speaker 2: Live this morning. Simon, good morning, Good morning Ryan. What 553 00:29:34,280 --> 00:29:36,120 Speaker 2: specifications would you like relaxed? 554 00:29:37,280 --> 00:29:40,120 Speaker 11: Well, if there's any, probably the easiest is the solfur 555 00:29:40,200 --> 00:29:43,960 Speaker 11: content sort of part per million. I think overall by 556 00:29:44,000 --> 00:29:47,840 Speaker 11: relaxing the standards it broadens the market for purchases and 557 00:29:47,880 --> 00:29:50,480 Speaker 11: different markets. So you know, as an example, at the moment, 558 00:29:50,520 --> 00:29:54,080 Speaker 11: we're at ten parts per million for sulfur. The US 559 00:29:54,080 --> 00:29:56,760 Speaker 11: for their ultra low diesel is at fifteen parts per million, 560 00:29:56,920 --> 00:30:00,600 Speaker 11: so and Australia's just relaxed for sixty days to to 561 00:30:00,640 --> 00:30:03,320 Speaker 11: fifty parts per million. So it's about broad in the 562 00:30:03,400 --> 00:30:06,960 Speaker 11: market to allow purchases to be made from different refineries 563 00:30:06,960 --> 00:30:07,680 Speaker 11: across the region. 564 00:30:07,920 --> 00:30:10,120 Speaker 2: Is it dootier? Is it worse for your car? What's 565 00:30:10,160 --> 00:30:10,720 Speaker 2: the problem? 566 00:30:11,960 --> 00:30:15,240 Speaker 11: Well, remember that probably petrol was that fifty parts ten 567 00:30:15,240 --> 00:30:18,560 Speaker 11: million back in twenty eighteen, and diesel change from fifty 568 00:30:18,560 --> 00:30:21,280 Speaker 11: to to ten parts ten million back in two thousand 569 00:30:21,280 --> 00:30:24,440 Speaker 11: and nine. So it's not a sort of material change, 570 00:30:24,880 --> 00:30:26,200 Speaker 11: you know. It's not like the good old days in 571 00:30:26,240 --> 00:30:28,880 Speaker 11: the nineties when we're burning leaded and it's like over 572 00:30:29,000 --> 00:30:31,640 Speaker 11: three thousand parts a million. You know, this is still 573 00:30:31,720 --> 00:30:34,680 Speaker 11: clean product. But I think more than anything, it just 574 00:30:34,720 --> 00:30:37,280 Speaker 11: helps us through, helps us with supply in the near term. 575 00:30:37,840 --> 00:30:39,040 Speaker 2: Does it help with price? 576 00:30:40,680 --> 00:30:42,800 Speaker 11: Not really when you look at the crack spreads, it's 577 00:30:42,840 --> 00:30:45,120 Speaker 11: only one or two dollars a barrel difference. But I 578 00:30:45,120 --> 00:30:47,400 Speaker 11: think at the moment, it's really about ensuring that we've 579 00:30:47,400 --> 00:30:50,520 Speaker 11: got enough supply in the short and long term. 580 00:30:50,760 --> 00:30:53,000 Speaker 2: Do you think we will? Are you confident, you know, 581 00:30:53,080 --> 00:30:56,040 Speaker 2: listening to what the government's saying, hearing about all the meetings, 582 00:30:56,120 --> 00:30:58,520 Speaker 2: are you confident we will have enough supply or is 583 00:30:58,520 --> 00:31:01,720 Speaker 2: it just too agree to say, Well, I'm. 584 00:31:01,600 --> 00:31:03,560 Speaker 11: Just looking at the numbers that are coming out that 585 00:31:03,600 --> 00:31:06,040 Speaker 11: are getting published. Right, the last supply updates showed that 586 00:31:06,040 --> 00:31:08,160 Speaker 11: we had forty nine days. I thought that was a 587 00:31:08,160 --> 00:31:10,880 Speaker 11: good news story. You know, went from fifty two to 588 00:31:10,880 --> 00:31:14,160 Speaker 11: forty nine, and that's not a material change, and it 589 00:31:14,240 --> 00:31:17,120 Speaker 11: was probably down because of the demand that was pulled 590 00:31:17,160 --> 00:31:19,800 Speaker 11: forward over the last couple of weeks of the conflict 591 00:31:19,800 --> 00:31:23,520 Speaker 11: as people built up their tanks and you know, brought 592 00:31:23,520 --> 00:31:25,360 Speaker 11: a lot more products. So there's probably two days in 593 00:31:25,360 --> 00:31:27,560 Speaker 11: that itself. So I think at this stage we look 594 00:31:27,600 --> 00:31:30,000 Speaker 11: like we're in good shape. There's still being no sign 595 00:31:30,000 --> 00:31:32,440 Speaker 11: of cargo's being canceled or ship's being turned around, which 596 00:31:32,520 --> 00:31:35,560 Speaker 11: which won't happen. So I think the government's doing the 597 00:31:35,600 --> 00:31:38,120 Speaker 11: right thing. And especially on the diplomatic front. I think 598 00:31:38,360 --> 00:31:41,080 Speaker 11: Singapore Career, you know, all those back channels, that's where 599 00:31:41,320 --> 00:31:43,280 Speaker 11: that's where the dark arts really need to happen. 600 00:31:43,520 --> 00:31:46,200 Speaker 2: Simon, appreciate your time this morning, Simon Parham White torm 601 00:31:46,200 --> 00:31:48,840 Speaker 2: More Group CEO eight to six News Talks. There'd be 602 00:31:49,000 --> 00:31:51,120 Speaker 2: Mike's with us next. 603 00:31:51,160 --> 00:31:53,640 Speaker 1: The First Word on the News of the Day Early 604 00:31:53,840 --> 00:31:58,000 Speaker 1: edition with Ryan Bridge and one route love where you live. 605 00:31:58,360 --> 00:32:01,600 Speaker 2: News talks 'd bid it is six minutes away from 606 00:32:01,720 --> 00:32:04,680 Speaker 2: six two hundred billion dollars. That is how much they 607 00:32:04,720 --> 00:32:08,920 Speaker 2: want extra for the war and higgsith overnight saying basically 608 00:32:08,920 --> 00:32:10,239 Speaker 2: it's a very expensive thing to do. 609 00:32:10,600 --> 00:32:13,480 Speaker 18: As far as two hundred billion dollars, I think that 610 00:32:13,800 --> 00:32:19,680 Speaker 18: number could move. Obviously, it takes money to kill bad guys. 611 00:32:20,120 --> 00:32:22,840 Speaker 18: So we're going back to Congress and are folks there 612 00:32:22,840 --> 00:32:26,400 Speaker 18: to ensure that we're properly funded for what's been done, 613 00:32:26,960 --> 00:32:28,480 Speaker 18: for what we may have to do in the future, 614 00:32:29,400 --> 00:32:33,840 Speaker 18: ensure that our ammunition is everything's refilled, and not just refilled, 615 00:32:33,880 --> 00:32:34,800 Speaker 18: but above and beyond. 616 00:32:35,040 --> 00:32:36,760 Speaker 2: So what they're asking for is now more than what 617 00:32:36,760 --> 00:32:38,680 Speaker 2: they've spent already on the war. Gives an idea of 618 00:32:38,680 --> 00:32:40,520 Speaker 2: how long the whole thing might run for it is 619 00:32:40,560 --> 00:32:44,360 Speaker 2: five to two Bryant Bridge, Mike, Greetings, what are you 620 00:32:44,400 --> 00:32:46,120 Speaker 2: most excited about this weekend? 621 00:32:46,520 --> 00:32:49,600 Speaker 19: Well, obviously jury can so I've got four of them 622 00:32:49,640 --> 00:32:51,360 Speaker 19: lined up and I'll need to get out there nice 623 00:32:51,400 --> 00:32:53,440 Speaker 19: and nearly so that'll be a bit of Saturday fun. 624 00:32:53,440 --> 00:32:54,960 Speaker 2: For the ranch. You've got to make sure the ranch 625 00:32:55,000 --> 00:32:55,640 Speaker 2: has stopped. 626 00:32:55,760 --> 00:33:00,160 Speaker 19: To go barrels at the ranch. So many, so many barrels. 627 00:32:59,440 --> 00:33:03,160 Speaker 2: In d You know, when the end of the world comes, 628 00:33:03,880 --> 00:33:04,720 Speaker 2: I know where you'll be. 629 00:33:05,360 --> 00:33:09,200 Speaker 19: What is there a tipping point for you on petrol personally? 630 00:33:10,400 --> 00:33:14,720 Speaker 2: Well? How long is a piece of strength? Will? 631 00:33:15,560 --> 00:33:15,800 Speaker 17: Yeah? 632 00:33:15,840 --> 00:33:18,520 Speaker 2: I mean like, would I start restricting money? 633 00:33:18,600 --> 00:33:20,280 Speaker 19: Have you amended your behavior innuation? 634 00:33:20,400 --> 00:33:20,480 Speaker 3: No? 635 00:33:20,600 --> 00:33:22,840 Speaker 2: I haven't. No, No, But do you have a tipping point? 636 00:33:24,320 --> 00:33:25,120 Speaker 2: Have you thought about it? 637 00:33:25,120 --> 00:33:25,160 Speaker 17: No? 638 00:33:25,240 --> 00:33:26,760 Speaker 2: I haven't thought about what you think? Would it get 639 00:33:26,800 --> 00:33:28,560 Speaker 2: so bad? Have you thought about the EV yet? 640 00:33:29,840 --> 00:33:29,880 Speaker 17: No? 641 00:33:30,040 --> 00:33:32,000 Speaker 2: I haven't thought about the EV because it's all come 642 00:33:32,040 --> 00:33:35,280 Speaker 2: down again. Of course it will. I'm just I'm just 643 00:33:35,320 --> 00:33:37,000 Speaker 2: going to go out and buy anything. I'm just what 644 00:33:37,320 --> 00:33:40,480 Speaker 2: people are, of course. But are they yes, well, yes, 645 00:33:40,640 --> 00:33:41,960 Speaker 2: are they? We're looking at No? No, No. 646 00:33:42,000 --> 00:33:45,920 Speaker 19: We had b y D sold last weekend eighty and 647 00:33:46,040 --> 00:33:47,800 Speaker 19: on a normal weekend they'd sell twenty five. 648 00:33:47,920 --> 00:33:50,720 Speaker 2: Okay, but that's if you're in the market for a car, right. 649 00:33:50,720 --> 00:33:52,480 Speaker 2: I think there's a bit of that you would lean 650 00:33:52,520 --> 00:33:54,600 Speaker 2: towards that I tend to agree. It's one of those. 651 00:33:54,640 --> 00:33:57,120 Speaker 19: It's one of those interesting tipping points. Because yesterday at 652 00:33:57,400 --> 00:34:00,360 Speaker 19: said that taking public transport was half the price of 653 00:34:00,440 --> 00:34:01,040 Speaker 19: driving to work. 654 00:34:01,080 --> 00:34:01,240 Speaker 4: Now. 655 00:34:01,560 --> 00:34:03,560 Speaker 19: So, in theory, it's never been a better time to 656 00:34:03,560 --> 00:34:05,840 Speaker 19: sell an eb and it's never been a better time 657 00:34:05,880 --> 00:34:08,839 Speaker 19: to promote public treads on a bus in theory, So 658 00:34:09,080 --> 00:34:11,320 Speaker 19: is it going to stick or do in three or 659 00:34:11,320 --> 00:34:12,719 Speaker 19: four weeks time and this will be over? 660 00:34:12,960 --> 00:34:15,959 Speaker 2: What do we just? What's your price? There is none? 661 00:34:16,440 --> 00:34:24,440 Speaker 2: I'm it's never endless fuel for Mike Hosking. Nikola wellis 662 00:34:24,440 --> 00:34:26,319 Speaker 2: with us later on. Have a good day, run see 663 00:34:26,360 --> 00:34:27,080 Speaker 2: you Monday. 664 00:34:30,120 --> 00:34:33,080 Speaker 1: For more from Early Edition with Ryan Bridge. Listen live 665 00:34:33,200 --> 00:34:36,200 Speaker 1: to News Talks it'd be from five am weekdays, or 666 00:34:36,280 --> 00:34:38,200 Speaker 1: follow the podcast on iHeartRadio.