1 00:00:03,000 --> 00:00:06,440 Speaker 1: Digging through the spin spins to find the real story. 2 00:00:06,720 --> 00:00:10,119 Speaker 1: Or it's Andrew Dickens on Hither Duplicy Alan Drive with 3 00:00:10,320 --> 00:00:13,240 Speaker 1: one New Zealand Let's get connected and News Talks. 4 00:00:13,280 --> 00:00:13,640 Speaker 2: They'd be. 5 00:00:15,280 --> 00:00:17,680 Speaker 3: Welcome afternoon to you, and welcome to the program, and 6 00:00:17,720 --> 00:00:19,720 Speaker 3: thank you for choosing us. I'm Andrew Dickens in for 7 00:00:19,960 --> 00:00:22,480 Speaker 3: Ryan Bridge, who's oft on a family thing for three days. 8 00:00:22,480 --> 00:00:25,840 Speaker 3: He'll be back on Monday. Coming up on the program Today, 9 00:00:26,280 --> 00:00:29,200 Speaker 3: the government comes up with five changes to help New 10 00:00:29,280 --> 00:00:32,080 Speaker 3: Zealand film and TV. But will they make any difference? 11 00:00:32,080 --> 00:00:35,000 Speaker 3: We'll have the minister in five minutes time. One oficer 12 00:00:35,080 --> 00:00:38,040 Speaker 3: says no to Mackers. The Deputy Mayor will tell us 13 00:00:38,040 --> 00:00:40,560 Speaker 3: why the good people have been denied what many consider 14 00:00:40,640 --> 00:00:43,920 Speaker 3: to be a basic service in modern cities. That's after 15 00:00:43,960 --> 00:00:47,720 Speaker 3: five Judith Collins warns the public service to respect taxpayers. 16 00:00:48,120 --> 00:00:50,400 Speaker 3: So what does the Public Service Association think of that? 17 00:00:50,720 --> 00:00:54,120 Speaker 3: And the asb's profit lifts from last year. So is 18 00:00:54,160 --> 00:00:57,760 Speaker 3: this finally some concrete proof of some green shoots the 19 00:00:57,800 --> 00:01:01,160 Speaker 3: ASB CEO. Just after six. You can text during the program. 20 00:01:01,200 --> 00:01:03,840 Speaker 3: The number is ninety two ninety two. You can email 21 00:01:03,920 --> 00:01:06,640 Speaker 3: on Dickens at News talks airb dot Co dot NZ. 22 00:01:06,840 --> 00:01:10,680 Speaker 3: It's eight after four Andrew Dicks So the naming sponsor 23 00:01:10,680 --> 00:01:14,479 Speaker 3: of the Allbacks. Ineos once out claiming times are tight. 24 00:01:15,319 --> 00:01:17,960 Speaker 3: The deal in New Zealand is worth eight million dollars 25 00:01:18,000 --> 00:01:20,840 Speaker 3: a year still has three years to run. New Zealand 26 00:01:20,920 --> 00:01:22,680 Speaker 3: Rugby is having to sue them to get the money 27 00:01:22,680 --> 00:01:25,640 Speaker 3: they agreed to pay. Even worse, the payments for this 28 00:01:25,840 --> 00:01:31,280 Speaker 3: year were unilaterally withheld and from my opinion, that's not on. 29 00:01:31,560 --> 00:01:34,040 Speaker 3: A deal is a deal, A contract is a contract. 30 00:01:34,240 --> 00:01:37,520 Speaker 3: A judge will decide. Now, let's remember who Ineos are. 31 00:01:38,080 --> 00:01:41,960 Speaker 3: They're a petrochemical company and over the last few years 32 00:01:42,000 --> 00:01:46,320 Speaker 3: they have sunk five billion dollars into a swathe of sports, 33 00:01:46,560 --> 00:01:50,680 Speaker 3: including the Allbacks and your revenue for Ineos fifty five 34 00:01:50,800 --> 00:01:55,000 Speaker 3: billion a year. Their profit in twenty twenty three was 35 00:01:55,080 --> 00:02:00,000 Speaker 3: one point four billion euros. Eight million dollars is chump 36 00:02:00,120 --> 00:02:03,000 Speaker 3: change for Ineos, so is twenty four million dollars if 37 00:02:03,000 --> 00:02:06,800 Speaker 3: they see out the contract the contract they signed. Ineos 38 00:02:06,960 --> 00:02:09,200 Speaker 3: is also in the process of falling out with Sir 39 00:02:09,200 --> 00:02:13,440 Speaker 3: Ben Ainsi's America's Cup campaign. Ineos just spent two point 40 00:02:13,520 --> 00:02:17,120 Speaker 3: seven billion dollars to own Manchester United, a football team 41 00:02:17,400 --> 00:02:19,600 Speaker 3: which has been falling down the EPL ever since they 42 00:02:19,639 --> 00:02:23,239 Speaker 3: took ownership. They have infuriated fans with ticket price hikes 43 00:02:23,520 --> 00:02:26,639 Speaker 3: and they've laid off two hundred and fifty staff. Manchester 44 00:02:26,760 --> 00:02:29,560 Speaker 3: is not fond of them. And let's remember that Ineos 45 00:02:29,760 --> 00:02:33,200 Speaker 3: is owned by Sir Jim Ratcliffe, who is personally worth 46 00:02:33,440 --> 00:02:38,399 Speaker 3: just shy of thirty billion pounds. This is the man who, 47 00:02:38,400 --> 00:02:41,959 Speaker 3: when he heard land Rover might discontinue the Defender, built 48 00:02:42,000 --> 00:02:45,760 Speaker 3: his own car, the Inios Grenadier, and to do that 49 00:02:45,880 --> 00:02:49,840 Speaker 3: cost him over one billion pounds of his own money 50 00:02:50,040 --> 00:02:53,720 Speaker 3: to develop and start manufacturing. So I have the point, 51 00:02:53,760 --> 00:02:56,400 Speaker 3: and that point is that while the Ineos Sports Marketing 52 00:02:56,400 --> 00:02:59,679 Speaker 3: Group might be struggling and the parent company might be 53 00:02:59,760 --> 00:03:03,080 Speaker 3: less profitable than before they knew what they were getting into, 54 00:03:03,480 --> 00:03:06,160 Speaker 3: and the owner is still one of the world's most 55 00:03:06,200 --> 00:03:10,080 Speaker 3: wealthiest men, and he has to calculate whether the cost 56 00:03:10,160 --> 00:03:13,880 Speaker 3: of the reputational damage is worth the small amount they're 57 00:03:13,919 --> 00:03:17,480 Speaker 3: saving by dropping the or Blacks, and whether he wants 58 00:03:17,480 --> 00:03:21,760 Speaker 3: the name Ratcliffe to be linked with failure and contract breaking. 59 00:03:23,639 --> 00:03:26,360 Speaker 3: So the Ministry of Culture Inheritage has proposed a major 60 00:03:26,400 --> 00:03:30,680 Speaker 3: overhaul of our media regulators and their funding agencies. The 61 00:03:30,760 --> 00:03:34,000 Speaker 3: discussion document the Ministry has released talks about merging New 62 00:03:34,080 --> 00:03:37,560 Speaker 3: Zealand on Air and the Film Commission, replacing the Broadcasting 63 00:03:37,560 --> 00:03:41,560 Speaker 3: Standards Authority with a new regulator, and requiring international streaming 64 00:03:41,600 --> 00:03:45,560 Speaker 3: services to invest in local content. So the Minister of 65 00:03:45,680 --> 00:03:48,840 Speaker 3: Media and Communications, as Poor Goldsmith them, Poor Goldsworth joins me, 66 00:03:48,880 --> 00:03:53,119 Speaker 3: Now how it, Paul, So why merge the Film Commission 67 00:03:53,160 --> 00:03:54,160 Speaker 3: and New Zealand on Air? 68 00:03:55,400 --> 00:03:57,440 Speaker 4: Well, look at the proposal that would put it me out. 69 00:03:57,600 --> 00:04:00,360 Speaker 4: I mean, ultimately they grew out of you know, the 70 00:04:00,440 --> 00:04:04,440 Speaker 4: world where you had separate big movies and you had 71 00:04:04,480 --> 00:04:07,040 Speaker 4: one group looking after movies on the big screen and 72 00:04:07,040 --> 00:04:10,480 Speaker 4: then another group which was focused on television and radio. 73 00:04:10,600 --> 00:04:14,720 Speaker 4: And as all your listeners will understand, those two distinct 74 00:04:14,760 --> 00:04:18,640 Speaker 4: sort of categories are merging, where you know, TV and 75 00:04:18,920 --> 00:04:23,320 Speaker 4: filmer and series and digital stuff on streamers are all 76 00:04:23,400 --> 00:04:26,320 Speaker 4: sort of very much in the same space. There are 77 00:04:26,360 --> 00:04:29,360 Speaker 4: obviously differences in terms of the quality of feature films, 78 00:04:29,360 --> 00:04:31,920 Speaker 4: but it's merging, and so there's a good argument to say, 79 00:04:32,160 --> 00:04:36,520 Speaker 4: and met other countries have joined those two historic things together. 80 00:04:37,320 --> 00:04:39,840 Speaker 4: There will challenges about how you do that, but So 81 00:04:39,920 --> 00:04:41,800 Speaker 4: that's the question I'm putting out. 82 00:04:41,680 --> 00:04:45,280 Speaker 3: For Well, would it mean less money available for content 83 00:04:45,360 --> 00:04:48,280 Speaker 3: makers because you've taken two organizations have merged them into one. 84 00:04:48,279 --> 00:04:50,400 Speaker 3: You've taken two parts of money merged into one. 85 00:04:50,400 --> 00:04:53,359 Speaker 4: Well no, Well, hopefully it'll be more because there'd be 86 00:04:53,360 --> 00:04:56,920 Speaker 4: a little bit less overhead rather than having two organizations 87 00:04:56,960 --> 00:04:59,359 Speaker 4: doling it out. If you had one, you know, it 88 00:04:59,400 --> 00:05:01,200 Speaker 4: could be a more official way of doing it. We're 89 00:05:01,240 --> 00:05:06,720 Speaker 4: not suggesting changing the overall funding levels, it's just how 90 00:05:06,720 --> 00:05:07,560 Speaker 4: it's administered. 91 00:05:07,720 --> 00:05:09,400 Speaker 3: Okay, how much money do you want the likes of 92 00:05:09,440 --> 00:05:11,359 Speaker 3: Netflix to invest into local shows? 93 00:05:12,520 --> 00:05:12,760 Speaker 5: Well? 94 00:05:12,839 --> 00:05:14,960 Speaker 4: Yeah, I mean I think that's it's another thing that 95 00:05:15,279 --> 00:05:18,919 Speaker 4: all around the world people are grappling with. In the past, 96 00:05:18,960 --> 00:05:23,039 Speaker 4: you've had a local TV stations are being required or 97 00:05:23,080 --> 00:05:27,760 Speaker 4: expected to do some development of material and programming here 98 00:05:27,760 --> 00:05:30,320 Speaker 4: in the country. That doesn't happen with sort of Apple 99 00:05:30,360 --> 00:05:33,800 Speaker 4: TV necessarily or Prime. And there's a whole range out 100 00:05:34,200 --> 00:05:37,279 Speaker 4: there who are doing well, and so the question is, well, 101 00:05:37,000 --> 00:05:41,360 Speaker 4: what's the best mechanism to encourage them to be also 102 00:05:41,760 --> 00:05:44,599 Speaker 4: developing some stuff in New Zealand, but also putting New 103 00:05:44,680 --> 00:05:47,640 Speaker 4: Zealand material on their site and making giving it some 104 00:05:47,760 --> 00:05:49,239 Speaker 4: prominence and there's. 105 00:05:49,040 --> 00:05:52,359 Speaker 3: A wide variety. Can you actually force streaming services to 106 00:05:52,600 --> 00:05:55,280 Speaker 3: make New Zealand shows movies? I mean if they don't 107 00:05:55,320 --> 00:05:57,960 Speaker 3: want to have to, Well. 108 00:05:57,920 --> 00:06:01,039 Speaker 4: Yeah, there are various ways of doing it. You could 109 00:06:01,080 --> 00:06:07,039 Speaker 4: sort of have an expectation around percentage being available, you 110 00:06:07,120 --> 00:06:09,720 Speaker 4: could have you know, there are different ways of doing it, 111 00:06:09,760 --> 00:06:13,080 Speaker 4: and that's what the discussion document is designed to flush 112 00:06:13,120 --> 00:06:17,520 Speaker 4: out where we don't want to be overly prescriptive and 113 00:06:17,560 --> 00:06:19,240 Speaker 4: we want to work out what's the best way to 114 00:06:19,400 --> 00:06:22,680 Speaker 4: ensure that when I mean, what's the public interest in 115 00:06:22,680 --> 00:06:24,719 Speaker 4: all of this is that you know, in a world 116 00:06:24,720 --> 00:06:27,000 Speaker 4: where you've got the world at your fingertips, which is 117 00:06:27,040 --> 00:06:29,120 Speaker 4: great for consumers. Everybody loves it. In fact, you can 118 00:06:29,160 --> 00:06:32,039 Speaker 4: see anything anywhere. But we also do want to ensure 119 00:06:32,080 --> 00:06:35,839 Speaker 4: that our New Zealand stories are available and can be 120 00:06:36,200 --> 00:06:39,080 Speaker 4: tracked down and reasonably prominent. Which is one of the 121 00:06:39,080 --> 00:06:42,120 Speaker 4: other basic things we're doing or suggesting is you know, 122 00:06:42,120 --> 00:06:44,719 Speaker 4: when you buy your new smart TV, you plug it 123 00:06:44,720 --> 00:06:48,960 Speaker 4: in and these apps come up in terms of various 124 00:06:48,960 --> 00:06:51,080 Speaker 4: things like Netflix and so forth. We want to ensure 125 00:06:51,080 --> 00:06:53,599 Speaker 4: that the New Zealand apps TV and Z and so 126 00:06:53,680 --> 00:06:56,920 Speaker 4: forth are actually there and quite frequently now when buy 127 00:06:57,080 --> 00:06:59,880 Speaker 4: TV they're not and it's quite difficult to work out 128 00:07:00,080 --> 00:07:02,600 Speaker 4: people struggle with that. So some of those basic things 129 00:07:02,640 --> 00:07:05,559 Speaker 4: that actually make a difference for the New Zealand media 130 00:07:05,640 --> 00:07:07,320 Speaker 4: landscape is what we're trying to do. 131 00:07:07,480 --> 00:07:11,440 Speaker 3: The fair News Bargaining Bill is on hold. Why is that? 132 00:07:11,600 --> 00:07:13,120 Speaker 3: We were you bullied by Google? 133 00:07:14,480 --> 00:07:14,560 Speaker 6: No? 134 00:07:14,920 --> 00:07:18,480 Speaker 4: Is just simply that the Australians, who you know, I 135 00:07:18,520 --> 00:07:20,240 Speaker 4: think it makes very good sense for us to be 136 00:07:20,480 --> 00:07:24,920 Speaker 4: broadly in step with have just before Christmas announced a 137 00:07:24,920 --> 00:07:27,240 Speaker 4: different approach that they're going to take. They're going to 138 00:07:27,240 --> 00:07:29,560 Speaker 4: put out a discussion document. I'm going to be meeting 139 00:07:29,600 --> 00:07:31,880 Speaker 4: with the Minister hopefully next week to talk about it. 140 00:07:31,920 --> 00:07:34,880 Speaker 4: And I just think it makes sense to take a 141 00:07:34,920 --> 00:07:37,400 Speaker 4: stock and see exactly how the Australians land and how 142 00:07:37,600 --> 00:07:40,440 Speaker 4: that how the rest of the world responds to that, 143 00:07:40,520 --> 00:07:43,320 Speaker 4: and then New Zealand can follow if it makes sense. 144 00:07:43,400 --> 00:07:44,680 Speaker 4: And I think that's a better way of doing it 145 00:07:44,800 --> 00:07:46,800 Speaker 4: rather than just bearing off in our own direction. Good. 146 00:07:46,880 --> 00:07:49,840 Speaker 3: I thank you. Paul Goldsmith, the Media and Communications Minister 147 00:07:49,960 --> 00:07:52,160 Speaker 3: at the time right now is four fifteen your thoughts 148 00:07:52,240 --> 00:07:54,880 Speaker 3: ninety two to ninety two. There is a small charge 149 00:07:55,080 --> 00:07:57,520 Speaker 3: with the text just a very small charge. No charge 150 00:07:57,520 --> 00:08:00,600 Speaker 3: on the emails Dickens at newt b dot co dot Nz. 151 00:08:01,280 --> 00:08:02,960 Speaker 3: When I was doing earlier edition on Monday, I got 152 00:08:02,960 --> 00:08:05,400 Speaker 3: a text very early on after the result of the 153 00:08:05,400 --> 00:08:07,960 Speaker 3: Whales game, and someone said, how on earth has Warren 154 00:08:08,000 --> 00:08:10,240 Speaker 3: Gatland still got a job? Wouldn't you know it? He 155 00:08:10,280 --> 00:08:12,720 Speaker 3: doesn't have a job anymore. More on this in just 156 00:08:12,720 --> 00:08:14,080 Speaker 3: a Moment with Darcy water Grave. 157 00:08:15,800 --> 00:08:19,320 Speaker 1: It's the Heather Dupers Allen Drive Full Show podcast on 158 00:08:19,440 --> 00:08:21,560 Speaker 1: iHeartRadio powered by News. 159 00:08:21,360 --> 00:08:25,000 Speaker 3: Talk Z eighteen after four, Darcy water Grave joins me, 160 00:08:25,040 --> 00:08:25,760 Speaker 3: I want your chair. 161 00:08:26,520 --> 00:08:28,600 Speaker 7: I'm sorry you cannot have it. I know what you mean, 162 00:08:28,640 --> 00:08:32,400 Speaker 7: because that's Matt Heath's chair and it alwayst sits extraordinarily 163 00:08:32,480 --> 00:08:35,240 Speaker 7: low because there's something about math that Matt likes to 164 00:08:35,280 --> 00:08:36,199 Speaker 7: take the lowest seat. 165 00:08:36,280 --> 00:08:37,800 Speaker 3: He's like, it's like being a low ride a bike. 166 00:08:37,840 --> 00:08:39,480 Speaker 3: You're quite right, like being on one of those bikes 167 00:08:39,480 --> 00:08:41,480 Speaker 3: that the kids ride, you know, But your yours is 168 00:08:41,520 --> 00:08:46,439 Speaker 3: good all and high enough. Yes, yes, thank you, Tyler. Finally, 169 00:08:46,480 --> 00:08:48,560 Speaker 3: Warren Gatland got marched. 170 00:08:49,120 --> 00:08:52,640 Speaker 7: Well, he marched and got marched. It's always the same line, 171 00:08:52,679 --> 00:08:55,400 Speaker 7: isn't it. By mutual agreement. You can read into that 172 00:08:55,480 --> 00:08:58,040 Speaker 7: what you want. But when push comes to shove, we 173 00:08:58,120 --> 00:09:01,640 Speaker 7: know one thing that is fourteen consecutive losses. It ends 174 00:09:01,679 --> 00:09:04,000 Speaker 7: now because he's no longer coaching the side. 175 00:09:04,000 --> 00:09:05,400 Speaker 3: If I went into a meeting and the guy said 176 00:09:05,440 --> 00:09:08,120 Speaker 3: we don't really want you anymore, and then how do 177 00:09:08,120 --> 00:09:09,839 Speaker 3: you feel about it? I said, well, by mutual agreement, 178 00:09:09,880 --> 00:09:11,200 Speaker 3: I don't want to work for you anymore. So it's 179 00:09:11,280 --> 00:09:15,200 Speaker 3: mutual agreement. But you know that you started it. Yeah, 180 00:09:15,240 --> 00:09:17,360 Speaker 3: that's exactly. 181 00:09:18,320 --> 00:09:21,000 Speaker 7: It's understandable. I ain for theory around this is that 182 00:09:21,120 --> 00:09:24,680 Speaker 7: Welsh rugby you've only got themselves to blame. Warren was 183 00:09:24,720 --> 00:09:30,520 Speaker 7: amazing four six Nations, three Grand Slams, two semi finals 184 00:09:30,559 --> 00:09:33,960 Speaker 7: of the World Cup between two seven and twenty nineteen. 185 00:09:33,960 --> 00:09:38,480 Speaker 7: I want to say, that's astonishing, that's fantastic. Don't go 186 00:09:38,600 --> 00:09:40,920 Speaker 7: back to the past. Last results started to doom what's 187 00:09:40,920 --> 00:09:43,120 Speaker 7: happening in the future. I think they made a huge error. 188 00:09:43,600 --> 00:09:45,480 Speaker 7: I'm not quite sure what he was thinking going back 189 00:09:45,520 --> 00:09:49,160 Speaker 7: there again, but he did. But he's gone and now 190 00:09:49,200 --> 00:09:52,040 Speaker 7: the assistant's taken the role. And we see because I 191 00:09:52,160 --> 00:09:55,280 Speaker 7: believe after getting beaten by Italy last week, which is 192 00:09:55,320 --> 00:09:58,280 Speaker 7: the nail in the coffin. They've got the Irish sharp 193 00:09:58,320 --> 00:09:59,560 Speaker 7: in front of them next week. 194 00:09:59,720 --> 00:10:02,600 Speaker 3: Look respect one great greatly and his and his kid 195 00:10:03,080 --> 00:10:05,920 Speaker 3: and all that sort. The turning point for Warren was great. 196 00:10:06,200 --> 00:10:09,480 Speaker 3: The turning point for for for mister Gatlin was when 197 00:10:09,520 --> 00:10:12,439 Speaker 3: mister Emerson did that cartoon and put during the Lions 198 00:10:12,480 --> 00:10:13,680 Speaker 3: tour and made him look like a clown. 199 00:10:13,760 --> 00:10:14,760 Speaker 8: Oh the clown knows that. 200 00:10:14,920 --> 00:10:17,320 Speaker 7: So that was a huge for all, isn't that? I 201 00:10:17,440 --> 00:10:19,280 Speaker 7: remember that he was a very good artist. 202 00:10:20,840 --> 00:10:21,240 Speaker 9: There we go. 203 00:10:21,360 --> 00:10:23,679 Speaker 3: It's a confidence game and maybe maybe one got kicked 204 00:10:23,720 --> 00:10:27,600 Speaker 3: a few millions. Anyway, we've got it's all the press. 205 00:10:27,800 --> 00:10:30,120 Speaker 3: Is the new guy any good one of his insistence? 206 00:10:30,200 --> 00:10:30,679 Speaker 8: I don't know. 207 00:10:31,000 --> 00:10:33,320 Speaker 7: We'll find out. But he's got nothing to lose, has it? 208 00:10:33,480 --> 00:10:36,440 Speaker 3: So I just got stuck into Jim Ratcliffe care mate. 209 00:10:36,440 --> 00:10:36,920 Speaker 7: He's rich. 210 00:10:37,080 --> 00:10:41,160 Speaker 3: I it a call, no, but he's spent five billion 211 00:10:41,160 --> 00:10:43,080 Speaker 3: dollars on a whole heap of sports over the last 212 00:10:43,080 --> 00:10:46,360 Speaker 3: few years, knowing the regulatory environment that exists in Europe. 213 00:10:46,679 --> 00:10:48,240 Speaker 3: And then he's going, oh no, actually it's a bit 214 00:10:48,280 --> 00:10:49,920 Speaker 3: tough here, and now I don't have enough money to 215 00:10:49,920 --> 00:10:51,559 Speaker 3: give eight million dollars to the Orbits. 216 00:10:51,640 --> 00:10:55,040 Speaker 7: So you're a billionaire, it's in your change pocket. Just 217 00:10:55,080 --> 00:10:56,960 Speaker 7: but and we're not talking big money here, but let's 218 00:10:56,960 --> 00:11:00,120 Speaker 7: talk about the curse of Anios. Okay, mer sae. 219 00:11:01,960 --> 00:11:05,200 Speaker 3: Ye nothing, all right, because that's the Formula one team 220 00:11:05,240 --> 00:11:06,480 Speaker 3: he's supporting, right, it's the one. 221 00:11:06,720 --> 00:11:09,400 Speaker 7: Okay, let's go to I think it's the Grenity cycling team. 222 00:11:10,440 --> 00:11:11,880 Speaker 3: Used to be good when they were Sky, used to 223 00:11:11,880 --> 00:11:12,680 Speaker 3: be good when there were Sky. 224 00:11:12,800 --> 00:11:15,280 Speaker 7: Go to the America's Cup. You know that didn't work 225 00:11:15,320 --> 00:11:19,679 Speaker 7: from either. Let's go now to rugby and that's going. 226 00:11:19,520 --> 00:11:23,440 Speaker 3: Down Hell Street. Two point seven billion on Manchester United 227 00:11:23,520 --> 00:11:23,720 Speaker 3: that was. 228 00:11:23,720 --> 00:11:25,400 Speaker 7: The next So that's five. I don't know if I've 229 00:11:25,440 --> 00:11:27,880 Speaker 7: got any more in there, but not a good track record. 230 00:11:27,960 --> 00:11:31,240 Speaker 7: So if you're out there looking for money, don't knock 231 00:11:31,320 --> 00:11:35,600 Speaker 7: on Jim's door. It's it's awful that he's made that commitment. 232 00:11:35,600 --> 00:11:40,800 Speaker 7: He's plainly personally really wealthy. And if his company's tanking 233 00:11:40,800 --> 00:11:44,880 Speaker 7: the weed, well that's your proper a week. Don't say, oh, 234 00:11:45,160 --> 00:11:47,319 Speaker 7: it's gone backwards. You sign the deal. 235 00:11:47,400 --> 00:11:51,800 Speaker 3: You know how it works. I say, it's reputational damage. 236 00:11:52,000 --> 00:11:53,840 Speaker 3: A deal is a deal, A contract is a contract. 237 00:11:54,080 --> 00:11:55,960 Speaker 3: If you can't do a deal with him in sport. 238 00:11:56,160 --> 00:11:57,880 Speaker 3: Why would you do a deal with him in business? 239 00:11:58,640 --> 00:12:01,120 Speaker 10: What's King Charles going to say about it? Oh on, mate, 240 00:12:01,800 --> 00:12:03,200 Speaker 10: you're a night of the realm. 241 00:12:03,240 --> 00:12:06,640 Speaker 7: You can't behave like this step in line, son. 242 00:12:06,440 --> 00:12:07,480 Speaker 3: What are you talking about tonight? 243 00:12:07,760 --> 00:12:09,640 Speaker 7: What am I talking about tonight? We're talking at the 244 00:12:09,640 --> 00:12:13,120 Speaker 7: start of Super Rugby Pacific gets underway on Friday. 245 00:12:13,440 --> 00:12:14,280 Speaker 3: What's changed? 246 00:12:14,520 --> 00:12:18,400 Speaker 7: Andrew horre joins us the CEO of the Championship Blues. 247 00:12:18,760 --> 00:12:21,440 Speaker 7: How have they worked on their championship? What are the 248 00:12:21,440 --> 00:12:24,959 Speaker 7: deals coming up this weekend? What has to change? And 249 00:12:25,000 --> 00:12:29,000 Speaker 7: what's changing amongst the relationship between the fans and the 250 00:12:29,000 --> 00:12:32,960 Speaker 7: players and the clubs and Super Rugby. It sounds to 251 00:12:33,080 --> 00:12:36,080 Speaker 7: me like they're all actually talking to each other and 252 00:12:36,240 --> 00:12:37,439 Speaker 7: listening to each other. 253 00:12:37,520 --> 00:12:40,959 Speaker 3: Good lord, oh lord, but we're excited. Are you excited? 254 00:12:41,559 --> 00:12:42,560 Speaker 3: And for this season? 255 00:12:43,440 --> 00:12:43,840 Speaker 10: All right? 256 00:12:43,880 --> 00:12:45,520 Speaker 3: So ninety two ninety two if you want to text 257 00:12:45,520 --> 00:12:47,800 Speaker 3: about anything that has been sensible? Charge of players and 258 00:12:47,880 --> 00:12:50,199 Speaker 3: Darcy Watergrave, I'm from seven o'clock to night. 259 00:12:50,280 --> 00:12:53,880 Speaker 2: We don't take the charge moving the big stories of 260 00:12:53,920 --> 00:12:58,320 Speaker 2: the day before it's Andrew Dickens on hither dupless, Allen 261 00:12:58,400 --> 00:13:02,480 Speaker 2: Dry with one newsy line, let's get connected and news talks. 262 00:13:02,480 --> 00:13:02,800 Speaker 8: They'd be. 263 00:13:05,120 --> 00:13:08,040 Speaker 3: Okay. Ninety two ninety two, Hello, be Where is Ryan? 264 00:13:08,920 --> 00:13:10,920 Speaker 3: I know Heather is off with the baby, but Ryan 265 00:13:11,040 --> 00:13:13,520 Speaker 3: was a great fill And that's from Chris. Think you Chris. Yes, 266 00:13:13,640 --> 00:13:17,079 Speaker 3: Ryan has been hit by an unexpected familial responsibility. You 267 00:13:17,160 --> 00:13:19,400 Speaker 3: know what happens. I found out yesterday he's got to 268 00:13:19,480 --> 00:13:21,440 Speaker 3: do something for three days. He'll be back on Monday. 269 00:13:21,800 --> 00:13:24,280 Speaker 3: So Heather's having the baby, Ryan's doing the family thing. 270 00:13:24,400 --> 00:13:25,960 Speaker 3: Dickens is going to do the show for a couple 271 00:13:26,000 --> 00:13:29,200 Speaker 3: of days. Okay, we're all sorted there. Good, all right. 272 00:13:29,760 --> 00:13:31,440 Speaker 3: The big story I'm looking forward to is coming up 273 00:13:31,480 --> 00:13:34,440 Speaker 3: round about five fifteen because the good people of Wanica 274 00:13:34,520 --> 00:13:37,480 Speaker 3: have decided, well people have decided for them. They don't 275 00:13:37,480 --> 00:13:40,760 Speaker 3: want McDonald's in town. Now, this was not surprising. There 276 00:13:40,760 --> 00:13:43,440 Speaker 3: were three hundred and sixty six submissions made on the issue, 277 00:13:43,960 --> 00:13:48,160 Speaker 3: only twenty one in support. Now the beef, yes, the beef, but. 278 00:13:49,679 --> 00:13:50,000 Speaker 10: Thank you. 279 00:13:50,440 --> 00:13:53,840 Speaker 3: The beef is that McDonald's is responsible for food waste 280 00:13:54,000 --> 00:13:57,240 Speaker 3: and pollution and that does not belong in Wonica. They're 281 00:13:57,240 --> 00:13:59,880 Speaker 3: also worried they could steal business away from existing operators. 282 00:14:00,480 --> 00:14:03,640 Speaker 3: All that might be so, but the decision immediately struck 283 00:14:03,720 --> 00:14:06,400 Speaker 3: me as being a bit precious and wrecking of nimbiism. 284 00:14:06,800 --> 00:14:08,679 Speaker 3: I've been going to on Aca yearly for more than 285 00:14:08,760 --> 00:14:11,280 Speaker 3: thirty years. I've seen it transform from being a sleepy 286 00:14:11,360 --> 00:14:15,640 Speaker 3: semi rural village with Skifield to being a successful town. 287 00:14:15,920 --> 00:14:19,520 Speaker 3: It's closing in on city status. I've seen extensive property 288 00:14:19,560 --> 00:14:22,520 Speaker 3: development towards Albert Town. I've seen more and more young 289 00:14:22,600 --> 00:14:25,480 Speaker 3: families move in to live there permanently. I've seen the 290 00:14:25,560 --> 00:14:28,200 Speaker 3: town benefit from the growth. When I first went there, 291 00:14:28,240 --> 00:14:31,120 Speaker 3: there was only an IgA and it was a revolution 292 00:14:31,320 --> 00:14:34,440 Speaker 3: that people hated when one supermarket arrived, and then they 293 00:14:34,520 --> 00:14:37,080 Speaker 3: loved it. And now there are two, and the new 294 00:14:37,160 --> 00:14:40,600 Speaker 3: supermarket is a rival in size to many city supermarkets. 295 00:14:41,080 --> 00:14:44,480 Speaker 3: All of this is the price of progress, and to 296 00:14:44,600 --> 00:14:48,400 Speaker 3: prevent logical growth because of the idea of what one 297 00:14:48,480 --> 00:14:51,280 Speaker 3: Aca once was, I think is hypocritical. So we're going 298 00:14:51,360 --> 00:14:53,360 Speaker 3: to talk to the Deputy mayor just after five o'clock 299 00:14:53,360 --> 00:14:56,160 Speaker 3: five to fifteen today to find out why on earth 300 00:14:56,240 --> 00:14:58,680 Speaker 3: they did it. Still to come over the next ten 301 00:14:58,720 --> 00:15:01,320 Speaker 3: minutes or so, we got the world wise Dad Mitchison 302 00:15:01,960 --> 00:15:05,320 Speaker 3: joining us from America as the Jordanian king came to 303 00:15:05,400 --> 00:15:09,480 Speaker 3: the White House to meet the US King Donald Trump. 304 00:15:10,720 --> 00:15:13,280 Speaker 3: And also apparently at Disney parks are going up in price. 305 00:15:13,440 --> 00:15:15,600 Speaker 3: All this the more to come on Drive here on 306 00:15:15,720 --> 00:15:16,440 Speaker 3: news Talks at. 307 00:15:16,360 --> 00:15:29,160 Speaker 1: B recapping the day's big news and making tomorrow's headlines. 308 00:15:29,400 --> 00:15:33,240 Speaker 1: It's Andrew Dickens on Hither Dupless Alan Drive with one 309 00:15:33,360 --> 00:15:36,320 Speaker 1: New Zealand let's get connected news Talks. 310 00:15:36,360 --> 00:15:36,680 Speaker 8: They'd be. 311 00:15:46,680 --> 00:15:49,240 Speaker 3: Welcome on in on your Wednesday afternoon. I'm Andrew Dickinson 312 00:15:49,480 --> 00:15:53,360 Speaker 3: for Ryan Bridge, Who'll be back on Monday. We're talking 313 00:15:53,400 --> 00:15:56,320 Speaker 3: politics over the next half air. Chris Hipkins has accused 314 00:15:56,360 --> 00:16:01,320 Speaker 3: ministers of making racial statements. So who and how and 315 00:16:01,400 --> 00:16:03,400 Speaker 3: what and why and where? Jason Walls is joining me 316 00:16:03,560 --> 00:16:06,320 Speaker 3: in about ten minutes time. By the way, that oh sorry, 317 00:16:06,360 --> 00:16:09,520 Speaker 3: it's Barry Soper. Oh, Barry Soper is joining me in 318 00:16:09,520 --> 00:16:11,720 Speaker 3: about ten minutes time. Great to get back and chatting 319 00:16:11,760 --> 00:16:13,520 Speaker 3: with Barry and in just a few monuments time. By 320 00:16:13,520 --> 00:16:15,440 Speaker 3: the way, that Argie bargie about David Seymour and the 321 00:16:15,520 --> 00:16:17,760 Speaker 3: land rover. Can't you spot a stunt when you see 322 00:16:17,760 --> 00:16:19,480 Speaker 3: a stunt? He knew he was going to be stopped. 323 00:16:19,920 --> 00:16:21,920 Speaker 3: So there's a lot of wasted air about this, but 324 00:16:22,000 --> 00:16:24,000 Speaker 3: you can say that about a lot of politics. Barry Soper. 325 00:16:24,320 --> 00:16:26,200 Speaker 3: In about ten minutes time, I've had a text through 326 00:16:26,280 --> 00:16:30,760 Speaker 3: now from David about Wonica and the McDonald's, and David 327 00:16:30,800 --> 00:16:34,040 Speaker 3: says that he opened a new service station in Fakatane 328 00:16:34,480 --> 00:16:37,600 Speaker 3: in nineteen ninety five. We had a great food and 329 00:16:37,680 --> 00:16:40,240 Speaker 3: drink offering. I would go down to the heads and 330 00:16:40,360 --> 00:16:43,000 Speaker 3: other public areas each morning to pick up any litter 331 00:16:43,040 --> 00:16:45,680 Speaker 3: that came from my shop. When the waste from my 332 00:16:46,000 --> 00:16:50,840 Speaker 3: food and drink offering exceeded the competition, including McDonald's, I 333 00:16:50,960 --> 00:16:53,680 Speaker 3: knew I was on to a winner. Wonica is a 334 00:16:53,800 --> 00:16:58,000 Speaker 3: closed town, says David. The law that allows new businesses 335 00:16:58,040 --> 00:17:02,320 Speaker 3: that provide products at better prices to be excluded is nonsense, 336 00:17:02,720 --> 00:17:05,399 Speaker 3: writes David. And I've just received a release from the 337 00:17:05,480 --> 00:17:07,840 Speaker 3: act Party about the Oneica decision. We're talking about this 338 00:17:07,960 --> 00:17:09,879 Speaker 3: at Fight fifteen. I'll tell you that released from Active 339 00:17:09,880 --> 00:17:12,359 Speaker 3: bit later on. It is twenty three to five. 340 00:17:13,040 --> 00:17:15,600 Speaker 1: It's the world wires on news talks. 341 00:17:15,640 --> 00:17:16,600 Speaker 8: It'd be drive. 342 00:17:18,200 --> 00:17:22,680 Speaker 3: To the Middle East and Israeli Prime Minister Natanyahu says 343 00:17:22,720 --> 00:17:26,760 Speaker 3: if Hamas doesn't release more hostages, the guys of ceasefire 344 00:17:27,160 --> 00:17:27,520 Speaker 3: is off. 345 00:17:28,240 --> 00:17:31,680 Speaker 6: If Hamas does not return our hostages by Saturday noon, 346 00:17:32,119 --> 00:17:35,440 Speaker 6: the ceasefire will end and the military will return to 347 00:17:35,560 --> 00:17:39,080 Speaker 6: intense fighting until Hamas is finally defeated. 348 00:17:40,440 --> 00:17:44,080 Speaker 3: Meanwhile, US President Donald Trump, in his inimitable way, has 349 00:17:44,160 --> 00:17:47,520 Speaker 3: already threatened that I quote, all hell will break loose 350 00:17:47,960 --> 00:17:51,080 Speaker 3: unless all the hostages are released by midday Saturday. Midday 351 00:17:51,119 --> 00:17:54,840 Speaker 3: Saturday is the deadline to Australia. It looks like Australia 352 00:17:54,880 --> 00:17:57,359 Speaker 3: will not be getting an exemption to Trump's steel and 353 00:17:57,400 --> 00:18:01,080 Speaker 3: adding midium tariffs after all. Apparently Themericans are unhappy about 354 00:18:01,119 --> 00:18:03,880 Speaker 3: how much Ossie aluminium has been sent to the US 355 00:18:04,160 --> 00:18:08,399 Speaker 3: under the current exemption. Here's one of Trump's advisors. 356 00:18:08,440 --> 00:18:11,439 Speaker 7: Australia is just killing or aluminum market. 357 00:18:11,640 --> 00:18:14,800 Speaker 3: What they do is they just flood our markets. 358 00:18:15,200 --> 00:18:19,440 Speaker 7: After Biden led them, gave them an agreement that said, 359 00:18:19,720 --> 00:18:22,200 Speaker 7: don't flutter markets. You could have a reasonable amount. 360 00:18:22,400 --> 00:18:23,520 Speaker 10: That's what we're dealing with. 361 00:18:24,200 --> 00:18:31,240 Speaker 3: And finally, panic Panic, Yes, we have a Dad's Army story. 362 00:18:31,280 --> 00:18:33,680 Speaker 3: A parish council in Northumberland has had a bit of 363 00:18:33,720 --> 00:18:35,879 Speaker 3: a nasty shock. The council did the survey of a 364 00:18:35,920 --> 00:18:39,399 Speaker 3: local playground and they found a few unexploded bombs very 365 00:18:39,440 --> 00:18:42,639 Speaker 3: beneath it. And by a few, we mean one hundred 366 00:18:42,680 --> 00:18:47,480 Speaker 3: and seventy four bombs under a playground. The park the 367 00:18:47,520 --> 00:18:51,400 Speaker 3: playground is in was used for Home Guard training during 368 00:18:51,440 --> 00:18:54,080 Speaker 3: World War II, So it looks like Captain Mannering and 369 00:18:54,320 --> 00:18:57,200 Speaker 3: Code buried a whole bunch of unused training bombs there 370 00:18:57,600 --> 00:19:04,080 Speaker 3: after the war. So yes, Doctor Panicular did again. Internet 371 00:19:04,400 --> 00:19:06,359 Speaker 3: then again, if it's kept a Mannering, don't worry, the 372 00:19:06,440 --> 00:19:07,320 Speaker 3: bombs won't go off. 373 00:19:08,040 --> 00:19:11,920 Speaker 1: International Correspondence with ins and Eye Insurance Peace of mind 374 00:19:12,000 --> 00:19:14,680 Speaker 1: for New Zealand business to America. 375 00:19:14,800 --> 00:19:17,120 Speaker 3: We go with the time at twenty one to five 376 00:19:17,240 --> 00:19:21,240 Speaker 3: and Dan Mitchison joins Us Hill, Dan Hey, Andrew. Today 377 00:19:21,320 --> 00:19:23,600 Speaker 3: we've had the visit of the Jordanian king to the 378 00:19:23,680 --> 00:19:25,760 Speaker 3: American king we have. 379 00:19:26,920 --> 00:19:28,800 Speaker 11: I guess you can say it like that King of 380 00:19:28,880 --> 00:19:32,440 Speaker 11: Bellah who has basically said again that after meeting with 381 00:19:32,480 --> 00:19:37,160 Speaker 11: President Trump, that he and his country opposed the President's 382 00:19:37,200 --> 00:19:40,720 Speaker 11: plan to resettle millions of Palestinians out of Gaza. And 383 00:19:40,760 --> 00:19:42,600 Speaker 11: I don't think that was any surprise right now, it's 384 00:19:42,640 --> 00:19:43,920 Speaker 11: kind of put him in a little bit of a 385 00:19:43,960 --> 00:19:47,080 Speaker 11: delicate situation right now. And of course you've got President 386 00:19:47,119 --> 00:19:49,760 Speaker 11: Trump who keeps iterating that he would take over and 387 00:19:50,400 --> 00:19:53,479 Speaker 11: own Guaza, and nobody seems to like that idea right 388 00:19:53,560 --> 00:19:57,840 Speaker 11: now except for the president over here. But he's doubling 389 00:19:57,880 --> 00:19:58,800 Speaker 11: down on his remarks. 390 00:20:00,119 --> 00:20:02,280 Speaker 3: All right, so this is all good, I guess. I mean, 391 00:20:02,359 --> 00:20:03,720 Speaker 3: here we go. Do you think it's going to happen? 392 00:20:05,119 --> 00:20:07,480 Speaker 11: No, I mean, gosh, I mean, I mean, talk to 393 00:20:07,560 --> 00:20:10,080 Speaker 11: the historians about this. I mean, I don't think there's 394 00:20:10,200 --> 00:20:12,960 Speaker 11: any way that something's like this is going to happen. 395 00:20:13,320 --> 00:20:15,600 Speaker 11: I mean, he says, we're going to hold it. This 396 00:20:15,720 --> 00:20:17,520 Speaker 11: is a quote, we're going to cherish it. We're going 397 00:20:17,600 --> 00:20:21,240 Speaker 11: to get it going eventually where jobs are going to 398 00:20:21,280 --> 00:20:23,280 Speaker 11: be created for the people in the Middle East. But 399 00:20:23,359 --> 00:20:25,879 Speaker 11: what he didn't give was any specifics right now. And 400 00:20:26,000 --> 00:20:29,399 Speaker 11: again I mean, if boy, I mean, you're asking for 401 00:20:29,480 --> 00:20:31,400 Speaker 11: stability in the Middle East for the first time, which 402 00:20:31,440 --> 00:20:33,800 Speaker 11: I think, again most historians or political experts would say 403 00:20:34,000 --> 00:20:35,280 Speaker 11: this is very unlikely. 404 00:20:35,640 --> 00:20:36,000 Speaker 10: All right. 405 00:20:36,119 --> 00:20:39,280 Speaker 3: Disney theme parks appear to be addicted to price hikes. 406 00:20:40,240 --> 00:20:40,600 Speaker 8: Well they do. 407 00:20:40,760 --> 00:20:42,520 Speaker 11: I mean, there are a number of people that come 408 00:20:42,520 --> 00:20:44,520 Speaker 11: to the West Coast from your country, and of course 409 00:20:44,560 --> 00:20:47,240 Speaker 11: people from all over our country. When they do go 410 00:20:47,440 --> 00:20:49,880 Speaker 11: to a theme park, it is usually a Disney theme park. 411 00:20:49,920 --> 00:20:53,240 Speaker 11: But right now, for a family of four, you're looking 412 00:20:53,240 --> 00:20:55,639 Speaker 11: at three thousand dollars. Now that doesn't include your er 413 00:20:55,720 --> 00:20:58,280 Speaker 11: fare if you're coming over from New Zealand, and a 414 00:20:58,359 --> 00:21:00,560 Speaker 11: one day ticket broke the two hundred dollar mark for 415 00:21:00,600 --> 00:21:02,840 Speaker 11: the first time. And what they're coming under scrutiny for 416 00:21:03,040 --> 00:21:07,959 Speaker 11: right now is just how quickly that they are bumping 417 00:21:08,040 --> 00:21:10,680 Speaker 11: up their theme park tickets or the park's account for 418 00:21:10,720 --> 00:21:13,480 Speaker 11: about seventy percent of their operating income, so that's a 419 00:21:13,520 --> 00:21:15,399 Speaker 11: big jump from just a few years ago. So you 420 00:21:15,520 --> 00:21:18,840 Speaker 11: understand why they're so enthusiastic about this, but they're just 421 00:21:19,000 --> 00:21:21,040 Speaker 11: worrying a lot of people inside Disney are worrying that 422 00:21:21,119 --> 00:21:23,560 Speaker 11: the company has become hooked on these price increases and 423 00:21:23,640 --> 00:21:27,240 Speaker 11: price gouging. And not only are the prices so out 424 00:21:27,240 --> 00:21:29,720 Speaker 11: of control right now, but you have to book specific days, 425 00:21:29,720 --> 00:21:31,680 Speaker 11: and depending on the days you go, you're going to 426 00:21:31,760 --> 00:21:33,639 Speaker 11: pay more or maybe a few dollars less. 427 00:21:34,320 --> 00:21:36,960 Speaker 3: Yeah, and there's that affecting patronage. And I say this 428 00:21:37,080 --> 00:21:38,840 Speaker 3: because I know a lot of families in New Zealand 429 00:21:38,920 --> 00:21:41,760 Speaker 3: and for New Zealand to go to Anaheim and go 430 00:21:41,920 --> 00:21:43,920 Speaker 3: to Disneyland or something like that. That's you know, it's 431 00:21:43,960 --> 00:21:47,280 Speaker 3: a religious experience really, and you make the journey and 432 00:21:47,359 --> 00:21:49,520 Speaker 3: then they see the costs and they think, gosh, that's 433 00:21:49,720 --> 00:21:52,560 Speaker 3: really really expensive, and more and more are going you know, 434 00:21:53,000 --> 00:21:53,960 Speaker 3: maybe we just won't. 435 00:21:55,359 --> 00:21:57,119 Speaker 11: Yeah, you're right, And a lot of people that do, 436 00:21:57,200 --> 00:21:59,800 Speaker 11: they'll they'll save up, you know, three thousand and fourth 437 00:22:00,240 --> 00:22:02,280 Speaker 11: dollars to take their family for just two days right there. 438 00:22:02,320 --> 00:22:03,880 Speaker 11: And you get to the park and you're walking around 439 00:22:03,880 --> 00:22:05,200 Speaker 11: and you're thinking, what could I have done with that 440 00:22:05,280 --> 00:22:08,000 Speaker 11: four thousand dollars? I mean, I grant you, I love Disneyland. 441 00:22:08,040 --> 00:22:10,960 Speaker 11: It is a magical place, but it has become so expensive, 442 00:22:11,080 --> 00:22:14,600 Speaker 11: so crowded, and I hate to stay so commercialized because 443 00:22:14,600 --> 00:22:16,399 Speaker 11: it always sort of has been, but even more so 444 00:22:16,600 --> 00:22:18,040 Speaker 11: right now that it's kind of taken a little bit 445 00:22:18,080 --> 00:22:19,800 Speaker 11: of a magic out of the Magic Kingdom. 446 00:22:20,160 --> 00:22:23,040 Speaker 3: And finally den Mak wants to a next California. 447 00:22:24,359 --> 00:22:26,639 Speaker 11: Yeah, this is my favorite story today. That came because, 448 00:22:26,880 --> 00:22:29,800 Speaker 11: of course, President Trump continues about the US acquiring Greenland 449 00:22:29,880 --> 00:22:33,000 Speaker 11: from Denmark, so Danish citizens have launched their own effort 450 00:22:33,080 --> 00:22:35,160 Speaker 11: to purchase our state. 451 00:22:35,240 --> 00:22:35,359 Speaker 6: Here. 452 00:22:35,440 --> 00:22:40,600 Speaker 11: They've got an online petition calling for the Denmarkification of California. 453 00:22:40,880 --> 00:22:44,159 Speaker 11: They've got two hundred thousand signatures so far. They're pitching 454 00:22:44,200 --> 00:22:47,280 Speaker 11: the Danish citizens by buying California would give a more 455 00:22:47,320 --> 00:22:51,240 Speaker 11: sunshine dominance in the tech industry, limitless avocado toast, and 456 00:22:51,359 --> 00:22:54,080 Speaker 11: easy access to Disneyland, which we circle back to right now. 457 00:22:55,280 --> 00:22:57,159 Speaker 11: Of course, this is all tongue in cheek. Right now, 458 00:22:57,240 --> 00:22:59,600 Speaker 11: it's not going to happen where the world's fifth largest economy. 459 00:22:59,640 --> 00:23:04,400 Speaker 11: But I guess if you're if I guess for those 460 00:23:04,440 --> 00:23:06,199 Speaker 11: in favor of this being the new Denmark, you're going 461 00:23:06,280 --> 00:23:07,560 Speaker 11: to have to settle for a day trip maybe the 462 00:23:07,600 --> 00:23:08,440 Speaker 11: Santa Barbara County. 463 00:23:08,480 --> 00:23:10,280 Speaker 3: Well maybe it's got just as much chance of happening 464 00:23:10,280 --> 00:23:13,360 Speaker 3: as many other proposals that have come from the Trump administration. 465 00:23:13,520 --> 00:23:15,040 Speaker 3: You have to say, would it mean that everyone in 466 00:23:15,240 --> 00:23:17,160 Speaker 3: California would have to have a Nokia phone? 467 00:23:18,240 --> 00:23:21,400 Speaker 11: I probably that, and we'd have to learn a new language. 468 00:23:21,440 --> 00:23:23,119 Speaker 11: And I mean, we do have the Danish capital of 469 00:23:23,160 --> 00:23:26,119 Speaker 11: the US just down the road in Solvan, which is 470 00:23:26,200 --> 00:23:28,600 Speaker 11: near Santa Barbara, So I mean, you know, I mean 471 00:23:28,720 --> 00:23:29,440 Speaker 11: it's a start. 472 00:23:29,480 --> 00:23:30,359 Speaker 12: We've got a foot in the door. 473 00:23:30,520 --> 00:23:31,800 Speaker 3: Californians love Danish. 474 00:23:32,240 --> 00:23:33,159 Speaker 10: You know that we do. 475 00:23:33,560 --> 00:23:33,760 Speaker 6: We do. 476 00:23:34,720 --> 00:23:36,720 Speaker 3: Hey, thank you so much. Dan Machison from the United 477 00:23:36,760 --> 00:23:39,960 Speaker 3: States of America. In New Zealand, we're worrying about a McDonald's, 478 00:23:41,040 --> 00:23:45,280 Speaker 3: a fantastic decision about mcdee's, writes a text. If the 479 00:23:45,400 --> 00:23:48,640 Speaker 3: majority of the community aren't keen, well good on them. 480 00:23:48,840 --> 00:23:51,800 Speaker 3: I can tell you. It's two hundred and sixty six submissions, 481 00:23:51,840 --> 00:23:55,719 Speaker 3: only twenty one in favor of the McDonald's. Another Texas says, wow, 482 00:23:55,800 --> 00:23:58,440 Speaker 3: you were very judgmental. Andrew McDonald's would have got through 483 00:23:58,560 --> 00:24:01,040 Speaker 3: on another site. In one it was never going to 484 00:24:01,080 --> 00:24:03,360 Speaker 3: fly where they wanted it. I'm not sure about that. Then, 485 00:24:03,480 --> 00:24:06,080 Speaker 3: right near the Three Parks Industrial Estate, there are only 486 00:24:06,119 --> 00:24:08,800 Speaker 3: one hundred and fifty meters away from a mighty teen 487 00:24:08,880 --> 00:24:12,880 Speaker 3: mega a warehouse, a huge New World and a mountain warehouse. 488 00:24:13,240 --> 00:24:16,040 Speaker 3: I didn't see how the McDonald's in its position was 489 00:24:16,119 --> 00:24:18,480 Speaker 3: any worse than any of those players, but they got permission. 490 00:24:18,960 --> 00:24:21,120 Speaker 3: We'll talk about this at five point fifteen, but next 491 00:24:21,240 --> 00:24:25,600 Speaker 3: it's Barry Soper and Studio to talk about politics. Here 492 00:24:25,600 --> 00:24:27,680 Speaker 3: are news talks. Heb sixteen to five. 493 00:24:29,040 --> 00:24:32,359 Speaker 1: Politics with centrics credit check your customers and get payments. 494 00:24:32,400 --> 00:24:36,720 Speaker 3: Certady Barry Soper, Hello, you got to turn your microphone on? 495 00:24:36,960 --> 00:24:39,360 Speaker 3: Oh hold on, there we go and had to turn 496 00:24:39,400 --> 00:24:39,920 Speaker 3: the microphone. 497 00:24:40,040 --> 00:24:42,280 Speaker 10: Oh and s being naughty boy again? 498 00:24:42,920 --> 00:24:47,480 Speaker 3: Can I, before we move on, just admit that Nokia 499 00:24:47,720 --> 00:24:50,200 Speaker 3: is in fact finished, not Danish. But never mind. I 500 00:24:50,359 --> 00:24:52,200 Speaker 3: just had to do that now. I also just said 501 00:24:52,200 --> 00:24:56,240 Speaker 3: about David Seymour riding the land rover up the steps, 502 00:24:56,400 --> 00:24:58,720 Speaker 3: and I said, look, he's not a stupid man. It 503 00:24:58,880 --> 00:25:02,639 Speaker 3: was a stunt, you know. He he wanted to get 504 00:25:02,720 --> 00:25:04,359 Speaker 3: some headlines. He wanted to be a little bit of 505 00:25:04,400 --> 00:25:06,240 Speaker 3: a renegade. Why are we wasting so much oxygen? 506 00:25:06,400 --> 00:25:09,120 Speaker 10: They are wasting a lot of oxygen in the debating 507 00:25:09,200 --> 00:25:12,440 Speaker 10: chamber about it. They were again today telling the Prime 508 00:25:12,480 --> 00:25:15,280 Speaker 10: Minister that he should be dismissed as a minister. It's 509 00:25:15,880 --> 00:25:19,920 Speaker 10: unbecoming behavior of a minister in his cabinet. They want 510 00:25:19,960 --> 00:25:24,760 Speaker 10: him sacked. They have questioned Luxon's ability to discipline his 511 00:25:25,000 --> 00:25:28,720 Speaker 10: minister as well. You imagine if he disciplined David Seymour, 512 00:25:29,119 --> 00:25:33,440 Speaker 10: an Act coalition partner, you might see the coalition sort 513 00:25:33,440 --> 00:25:37,200 Speaker 10: of falling apart, but nevertheless so the issue from labor today. Though, 514 00:25:37,240 --> 00:25:41,240 Speaker 10: The real issue they concentrated on was the so called 515 00:25:41,359 --> 00:25:46,560 Speaker 10: racial statements being made by Luckson's ministers, outlined by Leader 516 00:25:46,800 --> 00:25:47,480 Speaker 10: Chris Hopkins. 517 00:25:47,560 --> 00:25:50,600 Speaker 13: Have a listen to Todd mcclay's statement to another MP, 518 00:25:51,000 --> 00:25:54,520 Speaker 13: you're not in Mexico now, Shane Jones's statement send the 519 00:25:54,560 --> 00:25:58,920 Speaker 13: Mexicans home, and Winster's Peter's statement immigrants should quote show 520 00:25:59,040 --> 00:26:02,960 Speaker 13: some gratitude, meet his expectations of ministerial conduct. 521 00:26:03,080 --> 00:26:06,320 Speaker 14: If so, why well, in answer to the last part 522 00:26:06,359 --> 00:26:08,600 Speaker 14: of that question, I have huge confidence in the Deputy 523 00:26:08,680 --> 00:26:11,560 Speaker 14: Prime Minister who really believes in the Mexico New Zealand 524 00:26:11,680 --> 00:26:15,600 Speaker 14: relationship and visiting the country and cares deeply about those relationships. 525 00:26:17,280 --> 00:26:21,000 Speaker 15: So the Prime Minister, does this government have any plans 526 00:26:21,480 --> 00:26:25,840 Speaker 15: to go through the telephone book and find home buyers 527 00:26:25,920 --> 00:26:27,720 Speaker 15: with Chinese sounding names. 528 00:26:28,080 --> 00:26:31,000 Speaker 16: No, the real issue here is no one can surely 529 00:26:31,040 --> 00:26:33,840 Speaker 16: be condemned for expecting immigrants to come to this country 530 00:26:33,880 --> 00:26:35,280 Speaker 16: to be grateful for the country they've come to. 531 00:26:37,040 --> 00:26:39,200 Speaker 10: So there you go. Winston had the final say. But 532 00:26:39,280 --> 00:26:42,280 Speaker 10: you remember it was Andrew Little who was accused of 533 00:26:43,680 --> 00:26:46,240 Speaker 10: looking for Chinese names to prove that they were buying 534 00:26:46,320 --> 00:26:48,680 Speaker 10: up all the houses here. So look it goes on 535 00:26:48,840 --> 00:26:49,320 Speaker 10: and on and on. 536 00:26:49,560 --> 00:26:52,399 Speaker 3: See if a man had that good a question, David Seymour, 537 00:26:52,400 --> 00:26:54,120 Speaker 3: do you really think he's that stupid that he didn't 538 00:26:54,119 --> 00:26:54,560 Speaker 3: know the rules? 539 00:26:54,640 --> 00:26:54,760 Speaker 8: Oh? 540 00:26:55,440 --> 00:26:57,840 Speaker 3: Can I just also say that security guard that stopped him, 541 00:26:58,480 --> 00:27:01,160 Speaker 3: great job. Man deserves a I know the guy. 542 00:27:01,359 --> 00:27:04,240 Speaker 10: He's been there a long time and he's a really 543 00:27:04,280 --> 00:27:04,720 Speaker 10: good man. 544 00:27:05,080 --> 00:27:08,600 Speaker 3: Wasn't intimidated straight out? No, No, great policing. Shane Jones 545 00:27:09,080 --> 00:27:11,960 Speaker 3: has been talking about mining gold in them. 546 00:27:11,920 --> 00:27:16,200 Speaker 10: The hills, is Shane. What I like about Shane Jones 547 00:27:16,320 --> 00:27:19,880 Speaker 10: is that he likes preaching in parliament rather than simply 548 00:27:20,320 --> 00:27:24,800 Speaker 10: asking or answering patsy questions. Of course, gold is a 549 00:27:24,840 --> 00:27:26,720 Speaker 10: big deal in New Zealand at the moment, when you 550 00:27:26,760 --> 00:27:30,880 Speaker 10: consider that in twenty twenty one, New Zealand produced four 551 00:27:31,000 --> 00:27:34,840 Speaker 10: hundred and seventy two million dollars worth of gold. In 552 00:27:34,960 --> 00:27:37,560 Speaker 10: twenty twenty two that was up to six hundred and 553 00:27:37,640 --> 00:27:41,520 Speaker 10: ten million. Now apparently there are billions of dollars under 554 00:27:41,560 --> 00:27:44,800 Speaker 10: the ground here in New Zealand. The mining cheerleader, as 555 00:27:44,880 --> 00:27:47,399 Speaker 10: I said, Shane Jones, he was on his feet in 556 00:27:47,480 --> 00:27:51,560 Speaker 10: Parliament today preaching the value of coal and of gold 557 00:27:51,640 --> 00:27:52,800 Speaker 10: mining in this country. 558 00:27:53,080 --> 00:27:55,680 Speaker 17: I have been to a gold mine located at why 559 00:27:55,840 --> 00:27:58,960 Speaker 17: He to launch New Zealand's and Lord Greal mineral strategy, 560 00:27:59,080 --> 00:28:02,359 Speaker 17: and whilst I was there, it was evident that economics, 561 00:28:02,400 --> 00:28:06,240 Speaker 17: seeds are germinating, buds are developing. No longer will the 562 00:28:06,400 --> 00:28:10,119 Speaker 17: sector be shackled in green tapes. No longer will people 563 00:28:10,440 --> 00:28:16,520 Speaker 17: be able to carry on talking on smartphones dependent on minerals, 564 00:28:17,320 --> 00:28:20,040 Speaker 17: minerals imported into the country when we have them in 565 00:28:20,160 --> 00:28:24,040 Speaker 17: our own country. And also it's my pleasure, sir to 566 00:28:24,119 --> 00:28:27,879 Speaker 17: tell the House that most of the people there reminded. 567 00:28:27,480 --> 00:28:29,439 Speaker 8: Me they never left the Labor Party. 568 00:28:29,520 --> 00:28:30,760 Speaker 12: The Labor Party left them. 569 00:28:33,160 --> 00:28:36,679 Speaker 10: I always like the upput infliction is that he speaks 570 00:28:36,720 --> 00:28:41,280 Speaker 10: and it's preaching and I always enjoy shown Joan style. 571 00:28:41,240 --> 00:28:43,960 Speaker 3: Very good stuff. And the Malory Party MP found guilty 572 00:28:44,000 --> 00:28:45,160 Speaker 3: of misleading parliament. 573 00:28:45,000 --> 00:28:49,880 Speaker 10: Taker to Paris. Yes, he deliberately, according to the Privileges Committee, 574 00:28:50,160 --> 00:28:53,640 Speaker 10: misled the House. They recommend that he be forced to 575 00:28:53,760 --> 00:28:57,320 Speaker 10: apologize to the House because he had denied that he 576 00:28:57,360 --> 00:29:01,000 Speaker 10: had called as fellow MPs liars. But I've got to 577 00:29:01,040 --> 00:29:04,960 Speaker 10: say today an apology wasn't forthcoming. It would usually be 578 00:29:05,160 --> 00:29:09,280 Speaker 10: the case as soon as possible after a privileges committee finding. 579 00:29:09,680 --> 00:29:11,920 Speaker 10: The irony in this case is that Perris was what 580 00:29:12,160 --> 00:29:16,000 Speaker 10: the one apparently telling lies about those who accused of 581 00:29:16,120 --> 00:29:19,160 Speaker 10: being liars. I haven't listened to the exchange which got 582 00:29:19,240 --> 00:29:20,760 Speaker 10: him into trouble last September. 583 00:29:21,240 --> 00:29:21,560 Speaker 8: Lies. 584 00:29:21,640 --> 00:29:24,040 Speaker 15: In other words, many in this house are masters of it, 585 00:29:24,320 --> 00:29:26,800 Speaker 15: and it is a disservice to those who voted you 586 00:29:26,920 --> 00:29:27,880 Speaker 15: into your positions. 587 00:29:28,320 --> 00:29:31,680 Speaker 8: Well, unless, of course, it. 588 00:29:31,720 --> 00:29:34,160 Speaker 16: Is certainly not acceptable for someone that experienced as he 589 00:29:34,320 --> 00:29:37,240 Speaker 16: is to Nevertheless, I accuse the other MPs keep quite 590 00:29:37,240 --> 00:29:38,800 Speaker 16: when I'm making a point of all. All right, he 591 00:29:38,880 --> 00:29:40,960 Speaker 16: made the allegation that members of his parliament of liars 592 00:29:41,240 --> 00:29:42,840 Speaker 16: there should have been stopping the tracks right then. 593 00:29:42,920 --> 00:29:45,320 Speaker 14: But if he has made that statement, then he should 594 00:29:45,320 --> 00:29:48,479 Speaker 14: withdraw and apologize as quickly as possible. 595 00:29:49,000 --> 00:29:50,040 Speaker 18: I haven't made that statement. 596 00:29:50,520 --> 00:29:54,440 Speaker 10: It just finished making the statement and said this man. 597 00:29:54,960 --> 00:29:59,040 Speaker 10: He was there, and normally you're expected in a Wednesday debate, 598 00:29:59,120 --> 00:30:02,280 Speaker 10: which was what this was, not to speak from notes. 599 00:30:02,360 --> 00:30:04,680 Speaker 10: He was speaking from a computer. You meant to be 600 00:30:04,760 --> 00:30:08,959 Speaker 10: able to regale stuff without using notes in the debating 601 00:30:09,080 --> 00:30:12,160 Speaker 10: chamber but that seems to have changed. 602 00:30:11,880 --> 00:30:14,600 Speaker 3: Which means he had intention to use the word liar 603 00:30:14,720 --> 00:30:17,080 Speaker 3: to It didn't just pop into his head. He wrote 604 00:30:17,120 --> 00:30:19,400 Speaker 3: it down on a computer. He said it. He's thought 605 00:30:19,440 --> 00:30:21,560 Speaker 3: about the whole thing. And when I find amazing about 606 00:30:21,560 --> 00:30:24,280 Speaker 3: that word liar, too many people in this world these 607 00:30:24,360 --> 00:30:26,760 Speaker 3: days flee it around and it's one of the worst 608 00:30:26,880 --> 00:30:29,480 Speaker 3: insults you can do. If you're pulling out the liar, 609 00:30:29,600 --> 00:30:30,760 Speaker 3: you were going nuclear. 610 00:30:31,080 --> 00:30:34,400 Speaker 10: And he didn't have the good grace Andrew surely he 611 00:30:34,520 --> 00:30:37,200 Speaker 10: must have known he accused him of being liars, didn't 612 00:30:37,240 --> 00:30:40,160 Speaker 10: have the good grace to immediately stand as most MP's 613 00:30:40,200 --> 00:30:43,200 Speaker 10: would do and say, look, I apologize, you know, because 614 00:30:43,200 --> 00:30:46,280 Speaker 10: he obviously must have realized that he was in the wrong. 615 00:30:46,480 --> 00:30:51,400 Speaker 10: So now we await his apology, and I thank you 616 00:30:51,520 --> 00:30:51,880 Speaker 10: very much. 617 00:30:52,360 --> 00:30:54,800 Speaker 3: It is now seven minutes to five. This is News Talks. 618 00:30:54,840 --> 00:30:58,320 Speaker 8: It'd be digging into the issues that affect you. 619 00:30:58,880 --> 00:31:01,760 Speaker 19: The mic hosting break, Anthony Alberanizi had been on the 620 00:31:01,800 --> 00:31:03,760 Speaker 19: phone to Donald Trump over tariffs. He was happy to 621 00:31:03,800 --> 00:31:05,800 Speaker 19: report that Donald had said they could work on an 622 00:31:05,840 --> 00:31:08,640 Speaker 19: exemption read the steel and the aluminium. This was presented 623 00:31:08,680 --> 00:31:11,160 Speaker 19: by Elbow as good news, not long after that, I 624 00:31:11,240 --> 00:31:13,680 Speaker 19: watched Donald signing some more executive orders. It then got 625 00:31:13,680 --> 00:31:16,080 Speaker 19: to the steel and aluminium he signed at twenty five 626 00:31:16,080 --> 00:31:19,600 Speaker 19: percent on everything not made in America, no exceptions, no exemptions. 627 00:31:19,680 --> 00:31:22,440 Speaker 19: Donald could not have been clearer on steel and aluminium. 628 00:31:22,480 --> 00:31:24,800 Speaker 19: America didn't need anyone. They would be making their own. 629 00:31:24,880 --> 00:31:27,240 Speaker 19: We sell apples and wine and burger patties basically, so 630 00:31:27,360 --> 00:31:29,280 Speaker 19: we might get lucky out of this. But poor old 631 00:31:29,320 --> 00:31:32,320 Speaker 19: Elbow will eventually have to explain what he might have 632 00:31:32,440 --> 00:31:35,560 Speaker 19: thought happened didn't Back tomorrow at six am the mic 633 00:31:35,640 --> 00:31:37,040 Speaker 19: Hosking Breakfast with the Rain. 634 00:31:36,960 --> 00:31:41,240 Speaker 3: Drove of the Lahn News Talk z B Jack writes, 635 00:31:41,640 --> 00:31:44,360 Speaker 3: common sense would tell you a vehicle cannot be driven 636 00:31:44,440 --> 00:31:46,240 Speaker 3: up the steps of Parliament, and yet so many people 637 00:31:46,280 --> 00:31:48,960 Speaker 3: have done it. There's been a land rover before, there's 638 00:31:48,960 --> 00:31:51,680 Speaker 3: been attractive before. People have done it normally as a 639 00:31:51,720 --> 00:31:54,560 Speaker 3: stunt jack. Are you accusing David Seymour of not having 640 00:31:54,600 --> 00:31:57,040 Speaker 3: common sense? Of course he knows you shouldn't drive up 641 00:31:57,240 --> 00:31:58,920 Speaker 3: the steps of Parliament, but he had a little bit 642 00:31:58,920 --> 00:32:00,960 Speaker 3: of a crack at it. And when Sam the security 643 00:32:00,960 --> 00:32:04,320 Speaker 3: guard came in and went no, and he stopped and 644 00:32:04,400 --> 00:32:05,880 Speaker 3: he's ended out with a whole lot of press and 645 00:32:05,920 --> 00:32:08,840 Speaker 3: who are we talking about David Seymour And of course 646 00:32:08,880 --> 00:32:11,400 Speaker 3: why are Labor getting stuck into him? Because they want 647 00:32:11,440 --> 00:32:14,680 Speaker 3: to get stuck into anything with the Coalition just to 648 00:32:14,840 --> 00:32:18,160 Speaker 3: make any crack, any fisher, pull it apart any way 649 00:32:18,240 --> 00:32:23,560 Speaker 3: they can. Another text says the security guard who stops 650 00:32:23,560 --> 00:32:26,840 Speaker 3: Seymour is my cousin Sam. Yes, amazing guy. Barry Soper 651 00:32:26,960 --> 00:32:30,240 Speaker 3: informsly that Sam is a gentle giant, a lovely fellow 652 00:32:30,640 --> 00:32:32,880 Speaker 3: until you start trying to drive a land rover up 653 00:32:32,920 --> 00:32:37,560 Speaker 3: the steps and then he'll go no stop. Speaker says 654 00:32:37,760 --> 00:32:42,080 Speaker 3: no anyway. On the way a shocking story out of 655 00:32:42,160 --> 00:32:47,440 Speaker 3: New South Wales about nurses and Israeli's details to come. 656 00:32:47,760 --> 00:32:52,560 Speaker 3: Also on the way, the Central Lake's Deputy mayor on 657 00:32:52,800 --> 00:32:57,120 Speaker 3: why Wannica cannot have a mcdea's sot to come. I'm 658 00:32:57,160 --> 00:32:58,800 Speaker 3: Andrew Dickens. This is news talks hereb. 659 00:33:03,640 --> 00:33:17,440 Speaker 1: Hellus, questions, answers, facts, analysis, the drive show you trust 660 00:33:17,600 --> 00:33:21,000 Speaker 1: for the full picture. Andrew Dickens on hither dupless Alan 661 00:33:21,120 --> 00:33:24,000 Speaker 1: drive with one New Zealand let's get connected. 662 00:33:24,200 --> 00:33:25,160 Speaker 8: News talks that'd. 663 00:33:25,000 --> 00:33:30,040 Speaker 3: Be welcome in seven out to five did Australian nurses 664 00:33:30,240 --> 00:33:33,640 Speaker 3: kill Israeli patients. We're going to go to New South 665 00:33:33,640 --> 00:33:36,040 Speaker 3: Wales on what sounds like a very shocking story. What 666 00:33:36,200 --> 00:33:38,800 Speaker 3: is the truth? We'll try to find out. But first 667 00:33:38,800 --> 00:33:41,040 Speaker 3: of our fishing industry is in for a shakeup, with 668 00:33:41,120 --> 00:33:44,880 Speaker 3: Fisheries Minister Shane Jones proposing a reform of the Fisheries 669 00:33:44,960 --> 00:33:48,120 Speaker 3: Act now. The changes would see a loosening of catch 670 00:33:48,200 --> 00:33:52,360 Speaker 3: regulations and more frequent updates to catch limits. It would 671 00:33:52,400 --> 00:33:55,200 Speaker 3: also restrict people who can access the camera footage from 672 00:33:55,200 --> 00:33:59,440 Speaker 3: the fishing vessels, confining the surveillance to MPI in the courts. 673 00:34:00,160 --> 00:34:03,440 Speaker 3: Seafood New Zealand says the reform is a win and 674 00:34:03,600 --> 00:34:05,800 Speaker 3: CEO Lisa Footcheck is joining me now. 675 00:34:05,880 --> 00:34:09,320 Speaker 20: Hello Lisa Cuider Andrew and thank you so much for 676 00:34:09,400 --> 00:34:10,000 Speaker 20: inviting me on. 677 00:34:10,400 --> 00:34:11,640 Speaker 3: It's a pleasure. Why is this a win? 678 00:34:12,880 --> 00:34:13,000 Speaker 4: Oh? 679 00:34:13,000 --> 00:34:16,000 Speaker 21: Look, this is a when largely for sustainability in the 680 00:34:16,080 --> 00:34:19,120 Speaker 21: broadest sense of the word, so sustainability for our oceans 681 00:34:19,360 --> 00:34:23,719 Speaker 21: that is woven throughout this consultation document, but also importantly 682 00:34:24,080 --> 00:34:29,879 Speaker 21: sustainability for our fishing businesses. How well, if you look 683 00:34:29,960 --> 00:34:32,280 Speaker 21: at the way that it's been framed up at the outset. 684 00:34:32,600 --> 00:34:37,320 Speaker 21: The MPI talks about focus on responsiveness, on certainty, and 685 00:34:37,480 --> 00:34:40,160 Speaker 21: on efficiency, and all of those things are really really 686 00:34:40,200 --> 00:34:45,040 Speaker 21: critical when you consider just how complicated the legislative and 687 00:34:45,560 --> 00:34:47,960 Speaker 21: regulatory environment is for our fishing industry. 688 00:34:48,719 --> 00:34:51,560 Speaker 3: Some critics would say they'd see the words loosening of 689 00:34:51,680 --> 00:34:54,800 Speaker 3: catch regulations and go, can we actually afford that for 690 00:34:54,840 --> 00:34:55,600 Speaker 3: our fish stocks? 691 00:34:57,239 --> 00:35:01,799 Speaker 21: Look, the focus on sustainability, nothing about that, it's going 692 00:35:01,880 --> 00:35:06,520 Speaker 21: to change. So our Fishing Act it provides for utilization 693 00:35:06,640 --> 00:35:10,399 Speaker 21: of the resource, but ensuring sustainability, and that doesn't change. 694 00:35:10,440 --> 00:35:13,000 Speaker 21: As I say, so no one has to be concerned 695 00:35:13,000 --> 00:35:15,960 Speaker 21: about that. And reading through that document you'll see just 696 00:35:16,239 --> 00:35:19,080 Speaker 21: how big the focus is on sustainability. But what I 697 00:35:19,120 --> 00:35:22,600 Speaker 21: would say is that the changes in the setting of 698 00:35:23,120 --> 00:35:27,759 Speaker 21: PACs are totally allowable. Catches is keeping pace with the technology, 699 00:35:27,840 --> 00:35:30,920 Speaker 21: so we have more information that we can input into 700 00:35:31,000 --> 00:35:33,640 Speaker 21: those decisions, and therefore we can make them more quickly 701 00:35:33,920 --> 00:35:35,239 Speaker 21: and in a more agile way. 702 00:35:35,560 --> 00:35:39,520 Speaker 3: The proposals also say that boats can release unwanted fish 703 00:35:39,640 --> 00:35:42,040 Speaker 3: back into the sea rather than bring it to shore, 704 00:35:42,560 --> 00:35:44,480 Speaker 3: but only if they've got a camera on board or 705 00:35:44,520 --> 00:35:48,520 Speaker 3: an observer. Is this better because it doesn't it sounds counterintuitive. 706 00:35:49,760 --> 00:35:53,160 Speaker 21: No, no, that is definitely better better for us, better 707 00:35:53,239 --> 00:35:56,239 Speaker 21: for the fish, and better for the environment. So the 708 00:35:56,360 --> 00:35:59,759 Speaker 21: situation there, of course, is that at the moment, if 709 00:36:00,120 --> 00:36:02,759 Speaker 21: unwanted fish and there's only a small amount there, but 710 00:36:03,160 --> 00:36:06,640 Speaker 21: if there's unwanted fish that come on board at the moment, 711 00:36:06,719 --> 00:36:09,160 Speaker 21: the situation is that has to be taken back to 712 00:36:09,280 --> 00:36:12,279 Speaker 21: land where it is disposed of in the landfill. But 713 00:36:12,640 --> 00:36:14,920 Speaker 21: as you say, for those where where there's cameras on 714 00:36:15,040 --> 00:36:17,720 Speaker 21: board or there are observers, it's going to be possible 715 00:36:17,760 --> 00:36:20,319 Speaker 21: as the result of being able to verify that those 716 00:36:20,440 --> 00:36:23,040 Speaker 21: fish can be put back into the fee so that 717 00:36:23,160 --> 00:36:25,200 Speaker 21: they can be part of the ocean food web. 718 00:36:25,239 --> 00:36:25,680 Speaker 18: But I have to. 719 00:36:25,719 --> 00:36:29,960 Speaker 21: Emphasize that they're not being dumped. These fish are counting 720 00:36:30,480 --> 00:36:33,239 Speaker 21: against the annual catch entitlement of the fishes, so they 721 00:36:33,280 --> 00:36:35,400 Speaker 21: have to pay for them. Of course, there's no incentive 722 00:36:35,640 --> 00:36:39,400 Speaker 21: to do anything other than minimize anything other than target catch, and. 723 00:36:39,440 --> 00:36:40,879 Speaker 3: That's why you have to have a camera on board 724 00:36:40,960 --> 00:36:43,040 Speaker 3: or an observer, so we can actually count the unwanted 725 00:36:43,120 --> 00:36:46,520 Speaker 3: catch and make it count towards the fish's annual canter entitlement. 726 00:36:46,760 --> 00:36:49,560 Speaker 3: The whole camera thing that's right, the whole thing, camera thing. 727 00:36:50,239 --> 00:36:52,480 Speaker 3: At the moment, anyone can access camera footage from fishing 728 00:36:52,520 --> 00:36:57,480 Speaker 3: boats via the OIA Official Information Act. That's stopped. Why 729 00:36:57,640 --> 00:36:58,240 Speaker 3: was that a problem? 730 00:37:00,000 --> 00:37:02,680 Speaker 21: This is a really really big problem for privacy. So 731 00:37:02,920 --> 00:37:06,080 Speaker 21: just bear in mind that the boats are the workplace 732 00:37:06,120 --> 00:37:08,800 Speaker 21: of our fishes and our industry, but in many cases 733 00:37:08,880 --> 00:37:12,239 Speaker 21: they're also home for extended periods of time. So there's 734 00:37:12,239 --> 00:37:16,200 Speaker 21: a privacy issue here. But not only that, Unfortunately we 735 00:37:16,320 --> 00:37:19,240 Speaker 21: see some pretty bad behavior and attitudes towards our fishes 736 00:37:19,239 --> 00:37:23,839 Speaker 21: who are bullied and verbally and sometimes physically abuse. Now 737 00:37:23,920 --> 00:37:26,839 Speaker 21: we don't see that there is any need for camera 738 00:37:26,840 --> 00:37:30,400 Speaker 21: footage to be available to public because our regulator is 739 00:37:30,440 --> 00:37:33,200 Speaker 21: the one that will check the camera footage and if 740 00:37:33,239 --> 00:37:35,600 Speaker 21: there has been a transgression, then that will be dealt 741 00:37:35,680 --> 00:37:37,160 Speaker 21: with through the appropriate channels. 742 00:37:37,280 --> 00:37:39,600 Speaker 20: Would or public to have access? 743 00:37:39,800 --> 00:37:42,080 Speaker 3: Would you have wanted the cameras to be ditched completely? 744 00:37:43,560 --> 00:37:46,560 Speaker 21: The cameras are here, and what we would like to 745 00:37:46,640 --> 00:37:50,360 Speaker 21: see is that the information and the data that we 746 00:37:50,480 --> 00:37:54,280 Speaker 21: can derive from those cameras is used in a clever, 747 00:37:54,760 --> 00:37:59,279 Speaker 21: smart way to make our businesses more efficient and more sustainable. 748 00:38:00,680 --> 00:38:03,000 Speaker 3: I thank you so much, Lisa is the Seafood New 749 00:38:03,120 --> 00:38:07,279 Speaker 3: Zealand CEO. It is twelve after five, Andrew dickens, Okay, 750 00:38:07,320 --> 00:38:10,360 Speaker 3: this is shocking. An urgent investigation is underway in New 751 00:38:10,440 --> 00:38:12,960 Speaker 3: South Wales. A video has appeared on social media that 752 00:38:13,040 --> 00:38:19,320 Speaker 3: shows nurses bragging about killing and refusing to treat Israeli patients. 753 00:38:19,320 --> 00:38:22,360 Speaker 3: Have a listen, let's say, let's say an Israeli. 754 00:38:23,480 --> 00:38:27,200 Speaker 8: God them up to them, you'll kill them. 755 00:38:27,360 --> 00:38:30,640 Speaker 22: So if an Israeli is in Australia and that's forbid, 756 00:38:30,719 --> 00:38:31,560 Speaker 22: something happened to. 757 00:38:31,640 --> 00:38:35,000 Speaker 8: Him and he comes to your hospital, would you kill him? 758 00:38:35,360 --> 00:38:39,080 Speaker 22: Okay, you have no idea how many Israeli A dog 759 00:38:39,200 --> 00:38:40,360 Speaker 22: came to this hospital and. 760 00:38:42,520 --> 00:38:46,000 Speaker 3: And then the guy makes a throat sitting gesture. Police 761 00:38:46,040 --> 00:38:48,840 Speaker 3: have been called in. Prime Minister Albanezi has described the 762 00:38:48,880 --> 00:38:52,880 Speaker 3: footage as sickening. Australian correspondent Andrew McFarlane is with me, 763 00:38:52,960 --> 00:38:55,920 Speaker 3: Hello Andrew, Hello, how are you good? Where did the 764 00:38:55,960 --> 00:38:56,640 Speaker 3: video come from? 765 00:38:57,280 --> 00:38:57,440 Speaker 23: Yes? 766 00:38:57,560 --> 00:39:00,920 Speaker 24: This video popped up on Instagram this morning and certainly 767 00:39:01,160 --> 00:39:04,040 Speaker 24: sent shockwaves through. It's sort of shot like a chat 768 00:39:04,160 --> 00:39:07,440 Speaker 24: roulette video where there's a social media personality and his 769 00:39:07,520 --> 00:39:09,719 Speaker 24: whole shtick because he goes around on this Roulette at 770 00:39:09,800 --> 00:39:12,080 Speaker 24: and talks to people from around the world. When he 771 00:39:12,120 --> 00:39:15,200 Speaker 24: stumbles across these two New South Wales Health employees who 772 00:39:15,239 --> 00:39:18,400 Speaker 24: are on the night shift at Bankstown Hospital, he starts 773 00:39:18,440 --> 00:39:21,360 Speaker 24: talking to them and when the pair in the video 774 00:39:21,480 --> 00:39:23,920 Speaker 24: discover that he is Israeli, that is when this discussion 775 00:39:24,040 --> 00:39:26,480 Speaker 24: starts between the two of them. And obviously those shocking 776 00:39:26,560 --> 00:39:30,440 Speaker 24: comments were made which have been allegedly labeled anti Semitic 777 00:39:30,480 --> 00:39:33,080 Speaker 24: by the police here by Anthony Albanesi, the Premier and 778 00:39:33,200 --> 00:39:34,160 Speaker 24: health officials as well. 779 00:39:34,239 --> 00:39:35,480 Speaker 3: What do we know about the nurses? 780 00:39:36,680 --> 00:39:39,600 Speaker 24: So the two of them were wearing these blue uniforms 781 00:39:39,640 --> 00:39:42,080 Speaker 24: with New South Wales Health logo. They've been working in 782 00:39:42,120 --> 00:39:44,520 Speaker 24: the Health department here for some time. One of them 783 00:39:44,680 --> 00:39:47,640 Speaker 24: is from Afghanistan but has moved to Australia several years 784 00:39:47,680 --> 00:39:51,280 Speaker 24: ago and become a citizen. There's a slightly strange situation 785 00:39:51,400 --> 00:39:53,360 Speaker 24: here where because the two of them were working the 786 00:39:53,600 --> 00:39:56,960 Speaker 24: overnight shift, they may technically still be asleep at this hour. 787 00:39:57,160 --> 00:39:59,600 Speaker 24: So while the Health department said they've been stood down 788 00:39:59,640 --> 00:40:01,640 Speaker 24: in their line to be fired, the pair of them 789 00:40:01,719 --> 00:40:03,359 Speaker 24: may not actually know that just yet. 790 00:40:03,600 --> 00:40:06,040 Speaker 3: Is there any truth that they actually did something terrible 791 00:40:06,400 --> 00:40:09,440 Speaker 3: or is this a braggadoccio or is there any evidence 792 00:40:09,520 --> 00:40:10,439 Speaker 3: of any patient harm. 793 00:40:11,200 --> 00:40:13,360 Speaker 24: At this stage there is no evidence. New South Wales 794 00:40:13,440 --> 00:40:16,560 Speaker 24: Health was pretty quick to say that they are obviously 795 00:40:16,680 --> 00:40:19,880 Speaker 24: testing those comments made allegedly by the pair in this video, 796 00:40:20,200 --> 00:40:22,560 Speaker 24: but at this stage they say there is no evidence 797 00:40:22,560 --> 00:40:25,480 Speaker 24: that anyone's either been denied treatment or killed in a 798 00:40:25,560 --> 00:40:28,840 Speaker 24: New South Wales Health facility because they are Israeli. 799 00:40:29,600 --> 00:40:31,720 Speaker 3: There have been a number of stories of anti Semitic 800 00:40:31,760 --> 00:40:34,800 Speaker 3: attacks in Australia, anti Semitic words and sentiments over the 801 00:40:34,840 --> 00:40:38,800 Speaker 3: past few months. It seems to just be growing. So 802 00:40:39,000 --> 00:40:41,880 Speaker 3: the pressure is on is it being stopped? 803 00:40:43,239 --> 00:40:46,839 Speaker 24: Well, that's the question Anthony Albanezi is facing daily. We've 804 00:40:46,880 --> 00:40:49,279 Speaker 24: had here in Sydney. There was a period of a 805 00:40:49,320 --> 00:40:52,800 Speaker 24: few weeks but almost every single day, certainly every single weekend, 806 00:40:53,560 --> 00:40:57,480 Speaker 24: the Jewish community in Sydney was waking up to these 807 00:40:57,840 --> 00:41:02,040 Speaker 24: pretty shocking comments, these bits of graffiti across their buildings, 808 00:41:02,080 --> 00:41:04,600 Speaker 24: their synagogues as well. They have taken a bit of 809 00:41:04,719 --> 00:41:07,000 Speaker 24: a downturn recently, but it's taken a lot of police 810 00:41:07,080 --> 00:41:09,480 Speaker 24: resourcing and a lot of messaging as well. This is 811 00:41:09,520 --> 00:41:11,920 Speaker 24: a very high profile incident and this is probably going 812 00:41:12,000 --> 00:41:15,120 Speaker 24: to attract a lot more international attention than the past ones. 813 00:41:15,360 --> 00:41:18,000 Speaker 24: And Anthony how Albanezi is facing accusations that he's going 814 00:41:18,160 --> 00:41:20,960 Speaker 24: soft on anti Semitic attacks. This isn't going to help 815 00:41:21,000 --> 00:41:22,760 Speaker 24: that narrative around his leadership. 816 00:41:22,800 --> 00:41:24,759 Speaker 3: Currently, Andrew McFarland, I thank you for your time. It 817 00:41:24,880 --> 00:41:26,920 Speaker 3: is now five point fifteen at the Big story out 818 00:41:26,960 --> 00:41:31,000 Speaker 3: of Oneicut. No mcdee's, no Mackers, no, no Big mac 819 00:41:31,760 --> 00:41:34,800 Speaker 3: text from Ron Andrew Kaikura managed to block makers to 820 00:41:34,880 --> 00:41:37,120 Speaker 3: save their awesome, little niche food outlet. So I'm glad 821 00:41:37,160 --> 00:41:39,960 Speaker 3: they did so we can enjoy their awesome food. If 822 00:41:40,000 --> 00:41:42,120 Speaker 3: I opened on the main drag, visitors would breeze through 823 00:41:42,160 --> 00:41:44,920 Speaker 3: and miss out on the village atmosphere. So he supports Ononica. 824 00:41:45,560 --> 00:41:48,640 Speaker 3: Another person says hold on McDonald's is an owner operator, 825 00:41:48,719 --> 00:41:51,520 Speaker 3: so they are denying a prospective or current resident employer 826 00:41:51,719 --> 00:41:56,160 Speaker 3: that's from Clive Employment. And another Chris comes on and 827 00:41:56,239 --> 00:42:01,839 Speaker 3: says Andrew macis is a basic human right. Well talk 828 00:42:01,920 --> 00:42:04,839 Speaker 3: to the deputy man X. Now, if you're a Rose lover, 829 00:42:05,160 --> 00:42:08,520 Speaker 3: and let's face it, who isn't, particularly in summer, listen 830 00:42:08,600 --> 00:42:11,120 Speaker 3: not because here's a bargain buy Rose available online at 831 00:42:11,160 --> 00:42:13,360 Speaker 3: the Good Wine Company that you will not want to 832 00:42:13,400 --> 00:42:15,920 Speaker 3: miss out on. The deal's so good that full details 833 00:42:15,960 --> 00:42:18,520 Speaker 3: have been kept secret until now, and so the wine 834 00:42:18,600 --> 00:42:21,800 Speaker 3: is being sold as the Mystery Hawks bay Rose twenty 835 00:42:21,880 --> 00:42:24,360 Speaker 3: twenty three. You know how these guys work. The wine's 836 00:42:24,400 --> 00:42:26,800 Speaker 3: true label is on the box and the bottle, and 837 00:42:27,000 --> 00:42:29,960 Speaker 3: so when you get the big box, it's all revealed 838 00:42:30,120 --> 00:42:32,799 Speaker 3: on your doorstep. 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Conditions apply. 847 00:43:00,480 --> 00:43:04,440 Speaker 3: Five star rated dry Style Hawkes bay Rose up for 848 00:43:04,520 --> 00:43:07,799 Speaker 3: grabs at twelve ninety nine a bottle and a dollar 849 00:43:07,840 --> 00:43:11,000 Speaker 3: per case delivery to your doordinationwide. How good is that? 850 00:43:11,480 --> 00:43:15,400 Speaker 3: Order online now at the Goodwine dot Co. Dot z, 851 00:43:15,640 --> 00:43:19,240 Speaker 3: the Goodwine dot co dot nz or call eight hundred 852 00:43:19,520 --> 00:43:29,280 Speaker 3: sixty six two sixty six two dickens love It's five twenty. 853 00:43:29,360 --> 00:43:32,080 Speaker 3: It's the big story. There will be no McDonald's and Wonica, 854 00:43:32,239 --> 00:43:34,920 Speaker 3: at least not anytime soon. The fast food giant's consent 855 00:43:35,000 --> 00:43:38,360 Speaker 3: application has been declined by commissioners. They said the proposed 856 00:43:38,360 --> 00:43:41,360 Speaker 3: development will be at odds with the town's rural living 857 00:43:41,560 --> 00:43:45,520 Speaker 3: environment and activities. Three hundred and sixty seven public submissions 858 00:43:45,560 --> 00:43:49,479 Speaker 3: were made, most of them against the McDonald's. Quentin Smith 859 00:43:49,719 --> 00:43:53,640 Speaker 3: is Queenstown Lakes District Deputy mayor and a one ACA local. Hello, 860 00:43:53,719 --> 00:43:56,879 Speaker 3: Quentin good Ay here you going good? Are you four? 861 00:43:57,000 --> 00:43:57,440 Speaker 3: Or against? 862 00:43:58,920 --> 00:43:59,120 Speaker 20: Well? 863 00:43:59,360 --> 00:44:01,920 Speaker 23: Look at it? Well you take a side, but I 864 00:44:02,000 --> 00:44:05,560 Speaker 23: think that you know from councils, suspect from from planning. 865 00:44:06,200 --> 00:44:09,120 Speaker 23: This was the discussion about location, probably not so much 866 00:44:09,160 --> 00:44:10,600 Speaker 23: about fast food. 867 00:44:12,600 --> 00:44:15,480 Speaker 3: Is Oneica still really rural living. 868 00:44:17,280 --> 00:44:20,480 Speaker 23: Well parts of it are. And this is the point that, 869 00:44:21,040 --> 00:44:23,479 Speaker 23: like I said before, there may be parts of town 870 00:44:24,280 --> 00:44:28,239 Speaker 23: where this activity might be appropriate. And if this was 871 00:44:28,320 --> 00:44:30,560 Speaker 23: within a commercial within the town center or within a 872 00:44:30,600 --> 00:44:33,000 Speaker 23: commercial zone within the town, I there say there's very 873 00:44:33,040 --> 00:44:36,520 Speaker 23: little that any anybody could do to stop that. 874 00:44:37,480 --> 00:44:39,839 Speaker 3: Was it within one hundred meters of a mighty team 875 00:44:39,920 --> 00:44:41,479 Speaker 3: mega or warehouse in the New World? 876 00:44:42,960 --> 00:44:45,520 Speaker 23: No, not within one hundred meters, but it's not too 877 00:44:45,600 --> 00:44:49,120 Speaker 23: far away. But it is right on the on the right, 878 00:44:49,200 --> 00:44:51,919 Speaker 23: on the intersection and edge of the edge of town. 879 00:44:52,040 --> 00:44:55,560 Speaker 3: It's not okay, I didn't I have a measure. I'll 880 00:44:55,600 --> 00:44:57,560 Speaker 3: tell you. I'll it's right beside Mount Iron. It's right 881 00:44:57,640 --> 00:44:59,839 Speaker 3: beside the intersection. You go down the intersection to three, 882 00:45:00,400 --> 00:45:02,520 Speaker 3: maybe it's two hundred and fifty meters and then there's 883 00:45:02,520 --> 00:45:04,759 Speaker 3: a whole lot of concrete car parks. So what's wrong 884 00:45:04,800 --> 00:45:06,800 Speaker 3: with that place for a mcde's. 885 00:45:08,120 --> 00:45:11,320 Speaker 23: Well, look, that's not for me to determine. But the zoning. 886 00:45:11,800 --> 00:45:16,360 Speaker 23: You know that the planning assessment is based on the 887 00:45:16,480 --> 00:45:18,720 Speaker 23: zoning that it currently is and the Polish isn't objective 888 00:45:18,760 --> 00:45:21,160 Speaker 23: as this district plan and the commissioners found that that 889 00:45:21,320 --> 00:45:24,920 Speaker 23: was inconsistent. Look, if it was on a directly next 890 00:45:24,960 --> 00:45:28,239 Speaker 23: to my mile attend and it was on a commercial land, 891 00:45:28,320 --> 00:45:29,440 Speaker 23: that assessment would be need. 892 00:45:29,440 --> 00:45:29,879 Speaker 10: To be made. 893 00:45:30,520 --> 00:45:33,279 Speaker 3: Have McDonald's been told that that if they moved there 894 00:45:33,400 --> 00:45:35,560 Speaker 3: so they will probably get consent? 895 00:45:36,880 --> 00:45:39,760 Speaker 23: Well, look, I think that's pretty obvious to any professional 896 00:45:39,840 --> 00:45:43,880 Speaker 23: planners that the bust that that if they complied with 897 00:45:43,960 --> 00:45:45,760 Speaker 23: the zone rules and a commercial zone, they wouldn't. 898 00:45:48,040 --> 00:45:50,040 Speaker 3: Are you still with me or have you disappeared off 899 00:45:50,080 --> 00:45:50,600 Speaker 3: for a burger? 900 00:45:51,560 --> 00:45:51,600 Speaker 2: No? 901 00:45:51,760 --> 00:45:53,000 Speaker 23: No, I am here, I am here. 902 00:45:53,200 --> 00:45:56,600 Speaker 3: Oh good god, you just actually dropped off a little bit. Sorry, 903 00:45:56,760 --> 00:45:59,560 Speaker 3: that's okay, It's okay, okay. So it's all about proposed 904 00:45:59,560 --> 00:46:02,640 Speaker 3: mister gay measures. People who complained about it said, all 905 00:46:02,680 --> 00:46:05,280 Speaker 3: the planting and the bounding arms enough, and the building 906 00:46:05,320 --> 00:46:07,360 Speaker 3: and the signage and the lighting in the parking areas, 907 00:46:07,400 --> 00:46:10,440 Speaker 3: and they do not align with the communities objective to 908 00:46:10,560 --> 00:46:13,640 Speaker 3: protect and enhance our natural landscapes. Where they bang on 909 00:46:13,719 --> 00:46:14,480 Speaker 3: with that or are they wrong? 910 00:46:15,800 --> 00:46:17,960 Speaker 23: Well, look, traditionally in the ruts roon, if there is 911 00:46:18,000 --> 00:46:20,919 Speaker 23: an activity, even a house or that would be set 912 00:46:21,000 --> 00:46:23,160 Speaker 23: back from the road edge and they would use earth 913 00:46:23,239 --> 00:46:26,600 Speaker 23: mounting and planting or something like that to mitigate the impact. 914 00:46:28,120 --> 00:46:31,120 Speaker 23: It's fair to say that the McDonald's proposal was hard 915 00:46:31,160 --> 00:46:34,520 Speaker 23: against the road boundary and very little mitigation in place. 916 00:46:35,760 --> 00:46:37,920 Speaker 3: All right, rentin your phone line's terrible. I'm afraid you 917 00:46:37,960 --> 00:46:41,720 Speaker 3: should actually invest actually in rural phones and phone networks 918 00:46:41,719 --> 00:46:43,040 Speaker 3: down there. So I'm going to leave it there. But 919 00:46:43,120 --> 00:46:48,720 Speaker 3: Quentin Smith is the Deputy mayor of the Queenstound Lakes District, 920 00:46:49,480 --> 00:46:51,600 Speaker 3: and the claim is made if they had a different site, 921 00:46:51,640 --> 00:46:54,759 Speaker 3: perhaps they might get some approval. What do you think? 922 00:46:56,080 --> 00:46:58,160 Speaker 3: Ninety two ninety two, it's five twenty. 923 00:46:57,960 --> 00:47:04,359 Speaker 1: Three insight into today's issues. It's Andrew Dickens on Hither 924 00:47:04,480 --> 00:47:08,400 Speaker 1: duplicy Alan Drive with one New Zealand let's get connected 925 00:47:08,760 --> 00:47:09,440 Speaker 1: news talk. 926 00:47:09,320 --> 00:47:13,319 Speaker 3: Sa'd be So this morning's breaking story was all about 927 00:47:13,360 --> 00:47:15,719 Speaker 3: caring a order putting limits on the debt areas of 928 00:47:15,800 --> 00:47:18,719 Speaker 3: renters using their service and their attempts to reduce their 929 00:47:18,760 --> 00:47:21,120 Speaker 3: client's debt to the state. And I thought the whole 930 00:47:21,160 --> 00:47:23,880 Speaker 3: thing was a no brainer. If you don't enforce these rules, 931 00:47:23,960 --> 00:47:26,479 Speaker 3: that's a path to even more poverty, a poverty trap. 932 00:47:26,640 --> 00:47:29,399 Speaker 3: As Kerrick said, anyone who thought this was a good 933 00:47:29,560 --> 00:47:33,160 Speaker 3: idea at the time, you don't make him pay it back, 934 00:47:33,360 --> 00:47:36,560 Speaker 3: that was exhibiting a false kindness because the thing about 935 00:47:36,640 --> 00:47:41,320 Speaker 3: debt is that it never magically disappears. So blame for 936 00:47:41,360 --> 00:47:43,480 Speaker 3: this whole thing has been sheeted home to the previous government. 937 00:47:43,560 --> 00:47:46,400 Speaker 3: Well that's fair enough, because it was a simplistic answer 938 00:47:46,440 --> 00:47:50,480 Speaker 3: to a complex problem. They were putting people into motels, 939 00:47:50,520 --> 00:47:54,480 Speaker 3: they weren't paying rent. They got into debt. But blame 940 00:47:54,600 --> 00:47:58,400 Speaker 3: must also rest on the public servants. Now, the case manager, 941 00:47:58,440 --> 00:48:00,799 Speaker 3: the regional manager, the national manager, and all the others 942 00:48:00,880 --> 00:48:03,080 Speaker 3: in the chain of bureaucracy charge with dealing with the 943 00:48:03,200 --> 00:48:05,799 Speaker 3: issue had a chance to say, look, you're getting into debt, 944 00:48:05,880 --> 00:48:08,440 Speaker 3: but they didn't. Did the minister know, did any of 945 00:48:08,480 --> 00:48:09,279 Speaker 3: the politicians know? 946 00:48:09,640 --> 00:48:09,680 Speaker 23: No? 947 00:48:10,239 --> 00:48:13,000 Speaker 3: And I would say that those public servants were careless 948 00:48:13,239 --> 00:48:16,279 Speaker 3: with the public purse. And in talkback on the topic 949 00:48:16,360 --> 00:48:19,759 Speaker 3: today we heard from an emergency housing specialist telling a 950 00:48:19,920 --> 00:48:23,720 Speaker 3: story about a family that costs the state six hundred 951 00:48:23,920 --> 00:48:27,279 Speaker 3: thousand dollars over two years to be housed in a 952 00:48:27,360 --> 00:48:32,320 Speaker 3: motel for two years. That is eight hundred dollars a 953 00:48:32,440 --> 00:48:36,800 Speaker 3: week for a motel room. Somebody said yes to that. Again, 954 00:48:36,920 --> 00:48:39,360 Speaker 3: that's on the government because the buck stops there, But 955 00:48:39,480 --> 00:48:42,200 Speaker 3: it's also on the public servants and also on the 956 00:48:42,320 --> 00:48:45,880 Speaker 3: motel owner who was profiteering off the tax player and 957 00:48:46,080 --> 00:48:49,040 Speaker 3: who that person? You knew you were ripping off the state. 958 00:48:49,120 --> 00:48:52,600 Speaker 3: Surely remember you're a taxpayer too. You're ripping yourself off. 959 00:48:52,800 --> 00:48:55,399 Speaker 3: You're ripping off your mates. You're ripping off me. It's 960 00:48:55,440 --> 00:48:57,160 Speaker 3: the same when you hear the building a state house 961 00:48:57,239 --> 00:48:59,920 Speaker 3: costs so much more than a private bill. Someone else's 962 00:49:00,000 --> 00:49:03,120 Speaker 3: clipping the ticket because it's the government, But you're clipping 963 00:49:03,160 --> 00:49:05,440 Speaker 3: the ticket off my money that I've given to actually 964 00:49:05,480 --> 00:49:08,560 Speaker 3: fund other stuff. We are all asking the government for 965 00:49:08,600 --> 00:49:11,440 Speaker 3: physical prudence, but all that comes to nothing if we 966 00:49:11,600 --> 00:49:16,360 Speaker 3: the taxpayers, view the taxpayers through the government as a 967 00:49:16,600 --> 00:49:21,920 Speaker 3: cash cow. Meanwhile, Judith Collins I lectured the Public Service 968 00:49:22,040 --> 00:49:25,120 Speaker 3: the other day and said, do not treat taxpayer money 969 00:49:25,400 --> 00:49:29,000 Speaker 3: like it's your own money, and stop wasting money and 970 00:49:29,160 --> 00:49:30,719 Speaker 3: leave the acronyms at the door. We're going to talk 971 00:49:30,760 --> 00:49:34,320 Speaker 3: about this with Flurfit Simon's from the Public Service Association. Shortly. 972 00:49:35,000 --> 00:49:38,160 Speaker 3: It is coming up five twenty nine, and this is 973 00:49:38,280 --> 00:49:38,800 Speaker 3: News Talk. 974 00:49:38,719 --> 00:49:58,880 Speaker 1: Zemb on the iHeart app and in your car on 975 00:49:59,000 --> 00:50:02,759 Speaker 1: your drive home, it's Andrew Dickens on Heather Dupers Alan 976 00:50:02,880 --> 00:50:06,880 Speaker 1: drive with one New Zealand let's get connected news Talks. 977 00:50:06,920 --> 00:50:07,600 Speaker 8: It'd be no. 978 00:50:15,680 --> 00:50:18,040 Speaker 3: Good afternoon to you. I'm Andrew Dickins. I'm into Ryan Bridge. 979 00:50:18,080 --> 00:50:20,359 Speaker 3: He's dealing with a family thing. He's gone for three 980 00:50:20,480 --> 00:50:22,360 Speaker 3: days and of course Ryan was in for Heather and 981 00:50:22,480 --> 00:50:24,360 Speaker 3: she's dealing with a family thing, which is a baby. 982 00:50:24,480 --> 00:50:27,759 Speaker 3: So she's gone for three months, and Ryan will be 983 00:50:27,800 --> 00:50:29,640 Speaker 3: back on Monday. I'll be here for the rest of 984 00:50:29,680 --> 00:50:34,320 Speaker 3: the week. So the oneicas McDonald's is getting a hot attraction. 985 00:50:34,480 --> 00:50:38,239 Speaker 3: A lot of back and forth on the text. Somebody says, Andrew, 986 00:50:38,280 --> 00:50:40,080 Speaker 3: you are way out of line. You don't live in Ononicad, 987 00:50:40,120 --> 00:50:41,719 Speaker 3: therefore it's none of your business. Well, if we all 988 00:50:41,760 --> 00:50:44,160 Speaker 3: took that attitude, nobody would talk about anything. 989 00:50:45,400 --> 00:50:46,000 Speaker 25: But there we go. 990 00:50:46,560 --> 00:50:48,239 Speaker 3: I go there enough, and I know where it is, 991 00:50:48,320 --> 00:50:50,160 Speaker 3: and I do have some opinions about it, and I've 992 00:50:50,200 --> 00:50:53,960 Speaker 3: expressed them. Meanwhile, the guy who does live there and 993 00:50:54,160 --> 00:50:57,000 Speaker 3: has been involved in the community at many different levels, 994 00:50:57,520 --> 00:51:01,279 Speaker 3: both in terms of commercial operations and in governance, has 995 00:51:01,360 --> 00:51:04,600 Speaker 3: sent me a text that says, Andrew, a coltext has 996 00:51:04,680 --> 00:51:08,920 Speaker 3: planned for the same site at the intersection off to hardware, 997 00:51:09,360 --> 00:51:11,840 Speaker 3: A coltext has planned for the same site. Will that 998 00:51:11,960 --> 00:51:16,840 Speaker 3: get approval? Well, well, I don't know, probably not. After this, 999 00:51:17,560 --> 00:51:19,720 Speaker 3: I'll be Then it's petrol, and everyone needs petrol. Nobody 1000 00:51:19,719 --> 00:51:22,399 Speaker 3: complains about petrol. And then if you had a McDonald's 1001 00:51:22,760 --> 00:51:26,560 Speaker 3: and a Coltex on that intersection. Wouldn't that automatically start 1002 00:51:26,600 --> 00:51:29,640 Speaker 3: making it a semi industrial site and therefore everybody will 1003 00:51:29,680 --> 00:51:33,279 Speaker 3: be pleased. So it's all about the future, Wanica. It's 1004 00:51:33,360 --> 00:51:35,560 Speaker 3: all about the future. It is twenty two to. 1005 00:51:35,760 --> 00:51:37,440 Speaker 8: Six Andrew Dickens. 1006 00:51:38,280 --> 00:51:44,600 Speaker 3: The new Public Services Minister, Judith Collins, has told public 1007 00:51:44,680 --> 00:51:48,200 Speaker 3: sector bosses to stop wasting money and leave their acronyms 1008 00:51:48,200 --> 00:51:51,080 Speaker 3: at the door. She made a speech to all the 1009 00:51:51,120 --> 00:51:54,000 Speaker 3: public service leaders yesterday. She said, I want you to 1010 00:51:54,040 --> 00:51:56,320 Speaker 3: cut down on the gob of degook. I want you 1011 00:51:56,400 --> 00:51:59,480 Speaker 3: to treat taxpayers money like your own. I want you 1012 00:51:59,800 --> 00:52:04,000 Speaker 3: to embrace the Prime Minister's culture of Yes. So flur 1013 00:52:04,120 --> 00:52:08,919 Speaker 3: fit Zimon's is Public Service Association National Try that again. 1014 00:52:09,000 --> 00:52:10,799 Speaker 3: It's a run up because it's a long title. Flur 1015 00:52:11,360 --> 00:52:15,480 Speaker 3: Public Service Association Acting National Secretary and joins me, Now, 1016 00:52:16,600 --> 00:52:17,719 Speaker 3: so did you get a telling off? 1017 00:52:19,560 --> 00:52:19,600 Speaker 6: No? 1018 00:52:19,719 --> 00:52:22,960 Speaker 9: I don't think so. I think the Minister was had 1019 00:52:23,040 --> 00:52:26,680 Speaker 9: elements of kind of performative nature to what she was saying. 1020 00:52:27,280 --> 00:52:29,239 Speaker 9: There's a lot to agree with in her speech though 1021 00:52:29,560 --> 00:52:32,400 Speaker 9: she talked about using plain English. She talked about the 1022 00:52:32,440 --> 00:52:35,560 Speaker 9: importance of free and frank advice and the value of 1023 00:52:35,680 --> 00:52:38,440 Speaker 9: public servants. It's a bit rich to hear some of 1024 00:52:38,520 --> 00:52:41,320 Speaker 9: that from a government though that has cut so many jobs, 1025 00:52:41,800 --> 00:52:43,960 Speaker 9: and we know that New Zealanders are really feeling the 1026 00:52:44,040 --> 00:52:44,680 Speaker 9: impacts of that. 1027 00:52:45,600 --> 00:52:48,719 Speaker 3: They've cut jobs because they believe that government spending is high. 1028 00:52:49,480 --> 00:52:52,080 Speaker 3: They believe government spending is high because I believe government 1029 00:52:52,120 --> 00:52:55,080 Speaker 3: money is being wasted, and they believe the people doling 1030 00:52:55,120 --> 00:52:57,359 Speaker 3: out the government money in many cases are in fact 1031 00:52:57,400 --> 00:52:58,399 Speaker 3: public servants. 1032 00:53:00,239 --> 00:53:04,160 Speaker 9: Right, and we fundamentally disagree with that. And actually what 1033 00:53:04,280 --> 00:53:06,640 Speaker 9: we need to see is more investment in our public service. 1034 00:53:06,680 --> 00:53:10,880 Speaker 9: We're dealing with complicated, difficult issues like climate change, and 1035 00:53:10,960 --> 00:53:13,279 Speaker 9: we're a coastal nation. We are going to need the 1036 00:53:13,440 --> 00:53:16,640 Speaker 9: best and brightest working on these difficult issues to make 1037 00:53:16,680 --> 00:53:19,960 Speaker 9: sure that New Zealand can protect itself and deliver its 1038 00:53:20,000 --> 00:53:22,759 Speaker 9: emission reduction targets. And it's just one example. There are 1039 00:53:22,880 --> 00:53:26,120 Speaker 9: many such complicated issues that we need public servants working 1040 00:53:26,160 --> 00:53:28,239 Speaker 9: on every day and we need to keep the best 1041 00:53:28,280 --> 00:53:29,480 Speaker 9: and brightest here in New Zealand. 1042 00:53:30,400 --> 00:53:34,080 Speaker 3: Yes, but the Minister also said that New Zealand did 1043 00:53:34,160 --> 00:53:36,520 Speaker 3: not have the economic growth to support the thirty four 1044 00:53:36,560 --> 00:53:38,680 Speaker 3: percent increase in the size of the public service that 1045 00:53:38,760 --> 00:53:42,400 Speaker 3: happened between twenty seventeen and twenty twenty three, and you 1046 00:53:42,480 --> 00:53:43,920 Speaker 3: do have to be proportionate, don't you. 1047 00:53:45,440 --> 00:53:47,800 Speaker 9: Yeah, we don't really agree with her figures there. Actually, 1048 00:53:47,840 --> 00:53:50,000 Speaker 9: if you look at the size of New Zealand's public 1049 00:53:50,120 --> 00:53:53,960 Speaker 9: service compared with Australia or the United Kingdom, is a 1050 00:53:54,040 --> 00:53:58,120 Speaker 9: proportion of the population, it's broadly similar. But also it's 1051 00:53:58,160 --> 00:54:01,400 Speaker 9: worth remembering that during that period we did have an 1052 00:54:01,440 --> 00:54:05,360 Speaker 9: increased number of public servants working on COVID, and nobody 1053 00:54:05,400 --> 00:54:07,959 Speaker 9: would disagree that the important work they did to save 1054 00:54:08,080 --> 00:54:12,239 Speaker 9: lives shouldn't be invested in. So look, there has been 1055 00:54:12,640 --> 00:54:16,560 Speaker 9: some very damaging cuts and the cuts have been damaging 1056 00:54:16,640 --> 00:54:19,680 Speaker 9: for those individuals and their families, but also for the 1057 00:54:19,800 --> 00:54:23,680 Speaker 9: capacity of our public service to deliver the policy needs 1058 00:54:23,719 --> 00:54:26,520 Speaker 9: and policy implementation for the government of the day. 1059 00:54:27,080 --> 00:54:29,840 Speaker 3: Do you feel like the previous government has been carrying 1060 00:54:29,880 --> 00:54:32,680 Speaker 3: the can for all of this because perhaps they weren't 1061 00:54:32,719 --> 00:54:34,280 Speaker 3: well served by the public service. 1062 00:54:35,960 --> 00:54:38,400 Speaker 9: Now I think we've got a very professional public service. 1063 00:54:38,480 --> 00:54:41,319 Speaker 9: In fact, New Zealand's public service is known as one 1064 00:54:41,360 --> 00:54:42,760 Speaker 9: of the least corrupt. 1065 00:54:42,480 --> 00:54:43,279 Speaker 20: All over the world. 1066 00:54:43,640 --> 00:54:46,720 Speaker 9: We don't have a problem with corruption, we have good transparency, 1067 00:54:47,000 --> 00:54:49,640 Speaker 9: we have strong public servants, giving free and frank advice 1068 00:54:49,800 --> 00:54:52,560 Speaker 9: to governments of the day in a politically neutral way, 1069 00:54:53,000 --> 00:54:54,120 Speaker 9: no matter who's in government. 1070 00:54:54,800 --> 00:54:57,520 Speaker 3: Well, very good. I thank you for your time today, flirforit. Simons, 1071 00:54:57,680 --> 00:55:00,800 Speaker 3: who is the Public Service Association Acting National Secretary? I 1072 00:55:00,880 --> 00:55:04,200 Speaker 3: thank you for your time. It is eighteen to six 1073 00:55:04,520 --> 00:55:05,480 Speaker 3: The Huddle with. 1074 00:55:05,600 --> 00:55:10,120 Speaker 1: New Zealand Southerby's International Realty, local and global exposure like no. 1075 00:55:10,320 --> 00:55:13,000 Speaker 3: Other jactating from Saturday mornings on news Storks at B 1076 00:55:13,120 --> 00:55:15,640 Speaker 3: and Sarah Trumpman from Business Mentors join me. Howll the 1077 00:55:15,719 --> 00:55:20,879 Speaker 3: guys killed up? Oh us right? Sarah? Are you there? 1078 00:55:21,920 --> 00:55:24,960 Speaker 3: I sure am, And that's very good. So Judith Collins 1079 00:55:25,040 --> 00:55:26,840 Speaker 3: told off the public service? What did you make of it? 1080 00:55:26,960 --> 00:55:27,120 Speaker 20: Jack? 1081 00:55:28,640 --> 00:55:28,839 Speaker 10: Look? 1082 00:55:29,600 --> 00:55:31,880 Speaker 26: I think flu is entirely right. I think there was 1083 00:55:31,960 --> 00:55:36,480 Speaker 26: probably an element of political theater involved in Judith Colins statements. 1084 00:55:36,560 --> 00:55:38,560 Speaker 26: And when it comes to political theater, there are a 1085 00:55:38,600 --> 00:55:42,200 Speaker 26: few masters of greater talent than Judith Collins. That being said, 1086 00:55:42,400 --> 00:55:44,600 Speaker 26: at the core of the message I think are entirely 1087 00:55:44,719 --> 00:55:47,960 Speaker 26: reasonable points. Yes, I think sometimes the public service can 1088 00:55:48,040 --> 00:55:50,600 Speaker 26: get a bit grandiose in some of its language, and 1089 00:55:50,960 --> 00:55:54,000 Speaker 26: especially given the current fiscal conditions we all face. The 1090 00:55:54,040 --> 00:55:57,520 Speaker 26: economic conditions we all face. I think it's absolutely incumbent 1091 00:55:58,080 --> 00:56:04,360 Speaker 26: public service public servants spend taxpayer dollars wisely. That being said, 1092 00:56:04,680 --> 00:56:07,600 Speaker 26: I don't think there are too many recent examples, at 1093 00:56:07,680 --> 00:56:12,080 Speaker 26: least during this term and government, of you know, gross 1094 00:56:12,320 --> 00:56:17,239 Speaker 26: spending from government departments or public service that might raise 1095 00:56:17,320 --> 00:56:19,400 Speaker 26: the ire of the taxpayer. You know, I recall a 1096 00:56:19,480 --> 00:56:22,239 Speaker 26: couple of prime examples in the last couple of years 1097 00:56:22,280 --> 00:56:26,680 Speaker 26: from farewell Who's and celebrations and birthday parties and things 1098 00:56:26,719 --> 00:56:29,400 Speaker 26: where some tens of thousands of dollars well spent. I 1099 00:56:29,440 --> 00:56:32,360 Speaker 26: think that sort of you know, that sort of attitude 1100 00:56:33,160 --> 00:56:36,800 Speaker 26: has been stamped out. Probably wasn't terribly widespread to begin with, 1101 00:56:37,000 --> 00:56:39,440 Speaker 26: But yeah, I think most public servants are probably on 1102 00:56:39,600 --> 00:56:43,200 Speaker 26: board with the minister's comments. They probably didn't need the reminder. 1103 00:56:43,440 --> 00:56:44,680 Speaker 26: I think that's for the rest of us. 1104 00:56:44,840 --> 00:56:46,719 Speaker 3: Well, what do you think, Sarah I actually thought when 1105 00:56:46,719 --> 00:56:48,480 Speaker 3: I was listening to Flur, I thought, oh gosh, she's 1106 00:56:49,280 --> 00:56:51,440 Speaker 3: she's saying no all the way through that there was 1107 00:56:51,440 --> 00:56:54,239 Speaker 3: a lack of humility, that you know, she believed that 1108 00:56:54,320 --> 00:56:57,080 Speaker 3: her point of view was more important than the ministers. 1109 00:56:57,120 --> 00:56:59,880 Speaker 3: What do you think look to be honest? 1110 00:56:59,880 --> 00:57:03,360 Speaker 5: I found myself getting a bit irritated with her the 1111 00:57:03,520 --> 00:57:07,320 Speaker 5: more she spoke. And you know, to Jack's point, with respect, 1112 00:57:07,640 --> 00:57:12,360 Speaker 5: if somebody's throwing a thirty thousand dollar farewell for a 1113 00:57:12,520 --> 00:57:16,640 Speaker 5: CEO and they think it's okay, one wonders about the 1114 00:57:16,760 --> 00:57:21,400 Speaker 5: culture and an organization. When I heard JERF Collins warning 1115 00:57:21,440 --> 00:57:25,000 Speaker 5: the public service, I thought, hallelujas, here's a politician that 1116 00:57:25,160 --> 00:57:29,160 Speaker 5: understands the blood, sweat and tears that goes into making 1117 00:57:29,200 --> 00:57:32,160 Speaker 5: a dollar. But I also noticed that she called on 1118 00:57:32,240 --> 00:57:36,560 Speaker 5: the public service to embrace innovation, specifically AI, and to 1119 00:57:36,680 --> 00:57:40,280 Speaker 5: be championing high standards and on all for that. But look, 1120 00:57:40,360 --> 00:57:42,479 Speaker 5: I think she's always been a great servant of the people. 1121 00:57:42,600 --> 00:57:45,600 Speaker 5: She's always got the people at heart. We the tax 1122 00:57:45,680 --> 00:57:48,959 Speaker 5: person spends what six billion dollars on salaries for people 1123 00:57:49,040 --> 00:57:52,240 Speaker 5: in the public service, As Furst said, I think it 1124 00:57:52,320 --> 00:57:56,680 Speaker 5: was blursted that's gone up thirty four percent and it's 1125 00:57:56,760 --> 00:57:59,800 Speaker 5: got to come back down. Many of these people are 1126 00:58:00,560 --> 00:58:03,080 Speaker 5: but it certainly doesn't hurt to encourage them to spend 1127 00:58:03,120 --> 00:58:04,360 Speaker 5: our money as if it's their own. 1128 00:58:04,680 --> 00:58:07,480 Speaker 27: Yeah, okay, Sarah can that's just so one thing I 1129 00:58:07,960 --> 00:58:11,160 Speaker 27: think I think we do like run into danger of 1130 00:58:12,360 --> 00:58:16,440 Speaker 27: turning public servants into the enemy kind of unnecessarily, like 1131 00:58:16,560 --> 00:58:19,280 Speaker 27: turning this cultural war that doesn't need to exist. 1132 00:58:19,640 --> 00:58:21,480 Speaker 3: I mean, Jack, I don't know how much you've dealt 1133 00:58:21,480 --> 00:58:23,080 Speaker 3: with them. Some of them are the enemy, some of 1134 00:58:23,120 --> 00:58:25,640 Speaker 3: them are actually they've got such a political belief they 1135 00:58:26,160 --> 00:58:27,040 Speaker 3: stop stuff at. 1136 00:58:27,960 --> 00:58:30,120 Speaker 26: Actually, I actually think for the most part, so that Look, 1137 00:58:30,480 --> 00:58:33,640 Speaker 26: there are bad actors in every organization, everywhere, whether it's 1138 00:58:33,680 --> 00:58:35,520 Speaker 26: the private sector or the public sector. I think for 1139 00:58:35,600 --> 00:58:37,400 Speaker 26: the most part we can be thankful that in New 1140 00:58:37,440 --> 00:58:42,200 Speaker 26: Zealand we have a relatively politically neutral public service. I'm 1141 00:58:42,280 --> 00:58:44,160 Speaker 26: not saying it's perfect, but I think for the most 1142 00:58:44,200 --> 00:58:46,520 Speaker 26: part it's pretty good. And I think for the most part, 1143 00:58:46,640 --> 00:58:49,240 Speaker 26: the vast majority of people working in the public service 1144 00:58:49,760 --> 00:58:52,240 Speaker 26: are not working there because they're expecting to make millions 1145 00:58:52,280 --> 00:58:52,840 Speaker 26: of dollars or. 1146 00:58:52,840 --> 00:58:54,600 Speaker 27: Anything like that and everyone else off. 1147 00:58:56,400 --> 00:58:58,960 Speaker 3: I agree with you on that they are woefully underpaid. 1148 00:58:59,000 --> 00:59:00,840 Speaker 3: If you go to Singapore, then the highest paid people, 1149 00:59:01,000 --> 00:59:04,480 Speaker 3: you know, they are woefully underpaid and pay peanuts. You 1150 00:59:04,520 --> 00:59:06,440 Speaker 3: get monkeys. But look, we're got to get on to 1151 00:59:06,520 --> 00:59:08,800 Speaker 3: the big story of the day, which is one, and 1152 00:59:08,880 --> 00:59:11,400 Speaker 3: it's McDonald's. It's next, it's fourteen to six. 1153 00:59:12,040 --> 00:59:15,720 Speaker 1: The Huddle with New Zealand Sotheby's International Realty Elevate the 1154 00:59:15,840 --> 00:59:17,120 Speaker 1: marketing of your Home. 1155 00:59:18,200 --> 00:59:21,080 Speaker 3: On the Hell of Jack, Jack Taymer and Sarah Trupman 1156 00:59:21,560 --> 00:59:24,440 Speaker 3: and I'm Andrew Dickens right. Oneicer has told Macas it 1157 00:59:24,440 --> 00:59:26,320 Speaker 3: won't be allowed to build a restaurant in the town. 1158 00:59:26,360 --> 00:59:28,560 Speaker 3: We talked to the Deputy mayor. He suggested that maybe 1159 00:59:28,600 --> 00:59:32,080 Speaker 3: it was a better site. It could be, it could happen. However, 1160 00:59:32,120 --> 00:59:34,080 Speaker 3: i've read the decision. I never read any of that 1161 00:59:34,320 --> 00:59:37,040 Speaker 3: in there. What did you guys make of the decision? Sarah? 1162 00:59:38,440 --> 00:59:41,840 Speaker 5: Oh, look, I wasn't surprised by it. The vast majority 1163 00:59:41,920 --> 00:59:44,520 Speaker 5: of those three hundred and fifty submittives and that's quite 1164 00:59:44,520 --> 00:59:47,840 Speaker 5: a high number for this sort of consultation, they were 1165 00:59:47,880 --> 00:59:51,320 Speaker 5: opposed to it. But I do wonder about it. I think, yes, 1166 00:59:51,400 --> 00:59:54,880 Speaker 5: the commissioners do need to consider the district plan. These 1167 00:59:54,960 --> 00:59:58,600 Speaker 5: things are usually widely consulted on. But for me, I wondered, 1168 00:59:58,720 --> 01:00:01,840 Speaker 5: where are we're the property rights set in the priority 1169 01:00:01,920 --> 01:00:04,280 Speaker 5: of things. And I also thought it was interesting that 1170 01:00:04,400 --> 01:00:09,280 Speaker 5: McDonald's spent more than a year navigating the Rima, making 1171 01:00:09,400 --> 01:00:12,680 Speaker 5: major concessions throughout the process, and you've got to wonder 1172 01:00:12,760 --> 01:00:15,240 Speaker 5: what sort of message we're sending on the ease of 1173 01:00:15,360 --> 01:00:16,760 Speaker 5: doing business in New Zealand. 1174 01:00:17,760 --> 01:00:20,440 Speaker 3: Jack, Wait, reckon, I know you're a keen tramp and 1175 01:00:20,440 --> 01:00:22,160 Speaker 3: you go at the mountains and boy, there's nothing like 1176 01:00:22,200 --> 01:00:23,960 Speaker 3: a quarter pounder when you've come down from mount to 1177 01:00:24,040 --> 01:00:24,720 Speaker 3: spot help. 1178 01:00:25,280 --> 01:00:27,800 Speaker 26: Far be it from me to jump on the side 1179 01:00:27,840 --> 01:00:30,600 Speaker 26: of the big fast food franchisers. In fact, I think 1180 01:00:31,240 --> 01:00:35,240 Speaker 26: it's eighteen years at least since I had my last 1181 01:00:35,320 --> 01:00:39,560 Speaker 26: meal from McDonald's Andrew, But I think with the decision, 1182 01:00:39,640 --> 01:00:43,920 Speaker 26: so the locals raise concerns about the esthetic essentially right, 1183 01:00:44,560 --> 01:00:47,200 Speaker 26: and McDonald's tried to meet them halfway. They said, right 1184 01:00:47,360 --> 01:00:50,360 Speaker 26: for starters, we won't operate twenty four hours a day 1185 01:00:50,520 --> 01:00:52,800 Speaker 26: just by our original plan, or reduce the opening hours, 1186 01:00:53,160 --> 01:00:55,960 Speaker 26: and they even reduced the size of the golden arches 1187 01:00:56,080 --> 01:00:58,440 Speaker 26: of the logo as far as I understand it. So 1188 01:00:58,600 --> 01:01:00,520 Speaker 26: I don't know, like I say, far for me to 1189 01:01:00,560 --> 01:01:02,000 Speaker 26: come down the side of the big brands. But I 1190 01:01:02,080 --> 01:01:04,880 Speaker 26: reckon it's a little bit snooty. I reckon it's just 1191 01:01:04,960 --> 01:01:06,000 Speaker 26: a little bit snooty. 1192 01:01:06,160 --> 01:01:06,560 Speaker 6: And you know. 1193 01:01:08,040 --> 01:01:10,520 Speaker 26: That maybe there'll be another opportunity for another operator to 1194 01:01:10,560 --> 01:01:13,080 Speaker 26: come in and perhaps McDonald's to have another crack if 1195 01:01:13,080 --> 01:01:17,520 Speaker 26: they find another location. But yeah, I'm on McDonald's side 1196 01:01:17,520 --> 01:01:17,920 Speaker 26: on this one. 1197 01:01:18,080 --> 01:01:18,240 Speaker 9: Yeah. 1198 01:01:18,440 --> 01:01:20,760 Speaker 3: And here's the thing, didn't the payment is to say, 1199 01:01:20,800 --> 01:01:21,880 Speaker 3: we've got to stop saying no. 1200 01:01:23,120 --> 01:01:25,920 Speaker 26: Yeah, right, aren't we all pro growth now? Aren't we 1201 01:01:25,960 --> 01:01:27,760 Speaker 26: saying yes to these things? Aren't we getting sick of 1202 01:01:27,800 --> 01:01:30,000 Speaker 26: how long it takes stuff to get through the planning process? 1203 01:01:30,240 --> 01:01:32,480 Speaker 26: I mean, Wanaka has that classic small town thing. It's 1204 01:01:32,520 --> 01:01:34,280 Speaker 26: the same thing that they had in Queenstown over the 1205 01:01:34,360 --> 01:01:35,440 Speaker 26: Hill about twenty years ago. 1206 01:01:35,520 --> 01:01:35,640 Speaker 1: Right. 1207 01:01:35,760 --> 01:01:38,480 Speaker 26: One of the charms is that it's a really beautiful 1208 01:01:38,560 --> 01:01:41,640 Speaker 26: small town in an idyllic location. The problem is that 1209 01:01:41,760 --> 01:01:43,640 Speaker 26: you get heaps in New Zealanders who go, hey, here's 1210 01:01:43,680 --> 01:01:46,600 Speaker 26: a beautiful small town, an idyllic location, let's move here. 1211 01:01:46,920 --> 01:01:47,040 Speaker 11: Right. 1212 01:01:47,360 --> 01:01:50,040 Speaker 3: Well, I know, well that the old town is like 1213 01:01:50,160 --> 01:01:52,920 Speaker 3: the old town, but the new town, Northlake and all that, 1214 01:01:53,120 --> 01:01:55,160 Speaker 3: that's a new town. And there's lots of young families 1215 01:01:55,160 --> 01:01:57,480 Speaker 3: who have moved there. There's over thirteen thousand people living 1216 01:01:57,520 --> 01:01:59,440 Speaker 3: in the place. The place is coming on to being 1217 01:01:59,480 --> 01:02:01,360 Speaker 3: a city, and it's going to be a city without 1218 01:02:01,480 --> 01:02:03,600 Speaker 3: a McDonald's if they're going to say they've got to 1219 01:02:03,640 --> 01:02:07,520 Speaker 3: McDonald's in Gore, so come on now. Anyway, New Zealand 1220 01:02:07,520 --> 01:02:09,600 Speaker 3: has slipped to it's worst ever ranking on the Least 1221 01:02:09,680 --> 01:02:13,200 Speaker 3: Corruption Country list. Than there's conniptions about this because we're 1222 01:02:13,360 --> 01:02:16,520 Speaker 3: now in spot number four, which is still quite good 1223 01:02:16,720 --> 01:02:18,680 Speaker 3: or is it not. I don't know, what do you think, Sarah. 1224 01:02:20,120 --> 01:02:22,720 Speaker 5: I think we should be very worried about it, not 1225 01:02:22,960 --> 01:02:25,200 Speaker 5: so much that we sit at number four, but more 1226 01:02:25,240 --> 01:02:30,400 Speaker 5: the trend of perception of our integrity trending downwards. We're 1227 01:02:30,440 --> 01:02:33,160 Speaker 5: a small country, a long long way away from our 1228 01:02:33,240 --> 01:02:35,880 Speaker 5: export markets, and I just don't think we can afford 1229 01:02:35,920 --> 01:02:39,560 Speaker 5: to be complacent about the quality of our reputation. And 1230 01:02:39,720 --> 01:02:41,960 Speaker 5: I think, also, Andrew, one of the things we've got 1231 01:02:42,000 --> 01:02:46,080 Speaker 5: to remember is that the CPI isn't reporting the views 1232 01:02:46,120 --> 01:02:52,840 Speaker 5: of Joe average. These views are views of thirteen expert organizations. 1233 01:02:53,000 --> 01:02:54,880 Speaker 5: And I think also we need to think about the 1234 01:02:54,960 --> 01:02:58,400 Speaker 5: fact that two thirds of countries have a score of 1235 01:02:58,680 --> 01:03:01,600 Speaker 5: less than fifty out of one hundred, and there are 1236 01:03:01,840 --> 01:03:05,080 Speaker 5: billions of dollars of climate funds at risk of being 1237 01:03:05,200 --> 01:03:09,080 Speaker 5: stolen or misused within these countries, And you know, you 1238 01:03:09,240 --> 01:03:11,560 Speaker 5: just need to look at the last year in climate 1239 01:03:11,800 --> 01:03:14,560 Speaker 5: change conference and a number of oil and guests, lobbyists 1240 01:03:14,640 --> 01:03:15,880 Speaker 5: that we're calling all over that. 1241 01:03:16,080 --> 01:03:18,680 Speaker 20: So I think this is the biggest news of the day. 1242 01:03:19,160 --> 01:03:22,600 Speaker 3: Oh okay, and Jack, Yeah, look, it's serious, right. 1243 01:03:22,840 --> 01:03:24,480 Speaker 26: I know you're out of time, Andrew, so I'll just 1244 01:03:24,520 --> 01:03:26,960 Speaker 26: say this. I think the ranking doesn't matter so much 1245 01:03:27,000 --> 01:03:28,720 Speaker 26: as the trend. And actually there are a couple of 1246 01:03:28,800 --> 01:03:30,560 Speaker 26: areas that we could tidy up in New Zealand and 1247 01:03:30,600 --> 01:03:31,440 Speaker 26: make a big difference. 1248 01:03:31,840 --> 01:03:33,560 Speaker 3: Some of the rules around lobbying. 1249 01:03:33,320 --> 01:03:35,280 Speaker 26: Top of the list for me. And if we're trying 1250 01:03:35,320 --> 01:03:39,120 Speaker 26: to attract international investment, having a really really strong reputation 1251 01:03:39,200 --> 01:03:42,520 Speaker 26: around corruption is absolutely vital because any company or person 1252 01:03:42,600 --> 01:03:45,240 Speaker 26: that's coming into New Zealand wants to spend money here 1253 01:03:45,320 --> 01:03:49,120 Speaker 26: developing a business, of developing our opportunity opening McDonald's and Wanaka, 1254 01:03:49,440 --> 01:03:51,720 Speaker 26: wants to know that they are doing it on an 1255 01:03:51,760 --> 01:03:53,960 Speaker 26: equal playing field. They want to know that there's no 1256 01:03:54,000 --> 01:03:56,160 Speaker 26: one else who's getting a secret advantage. And that's why 1257 01:03:56,160 --> 01:03:57,240 Speaker 26: I think this is so important. 1258 01:03:57,760 --> 01:03:59,720 Speaker 3: Thank you so so much to both of you. That 1259 01:03:59,840 --> 01:04:01,800 Speaker 3: is Jack Tame and Sierah Trupman. That's the huddle. This 1260 01:04:01,920 --> 01:04:02,560 Speaker 3: is news talks here. 1261 01:04:02,600 --> 01:04:06,439 Speaker 1: B it's the Heather Tuper c Allen Drive Full Show 1262 01:04:06,560 --> 01:04:09,720 Speaker 1: podcast on my Art Radio powered by News Talks. 1263 01:04:09,760 --> 01:04:10,040 Speaker 8: It be. 1264 01:04:11,680 --> 01:04:13,920 Speaker 3: News Talks here. B Martin reckons I'm out of touch 1265 01:04:14,000 --> 01:04:18,120 Speaker 3: when I say that many public students are underpaid. He says, 1266 01:04:18,440 --> 01:04:20,400 Speaker 3: the public services full to the brim with those who 1267 01:04:20,440 --> 01:04:23,720 Speaker 3: are overpaid. No, I disagree with that, Martin. Some are, 1268 01:04:23,880 --> 01:04:26,440 Speaker 3: some aren't. For instance, Health New Zealand. If you're in 1269 01:04:26,520 --> 01:04:28,160 Speaker 3: charge of Health New Zealand, you're in charge of eighty 1270 01:04:28,240 --> 01:04:32,760 Speaker 3: thousand workers. Eighty thousand workers. Margie Appa got eight hundred 1271 01:04:32,800 --> 01:04:34,680 Speaker 3: and ninety five thousand dollars for the privilege of that. 1272 01:04:35,240 --> 01:04:37,440 Speaker 3: If you're in charge of Fonterra, well there's a lot 1273 01:04:37,480 --> 01:04:41,360 Speaker 3: of export stuff on that, you get six million. You 1274 01:04:41,400 --> 01:04:44,280 Speaker 3: look at almost all the companies around the place. They 1275 01:04:44,280 --> 01:04:46,120 Speaker 3: don't have the staff that. Of course, the public students 1276 01:04:46,160 --> 01:04:47,960 Speaker 3: have to deal with it, and they are paid much 1277 01:04:48,080 --> 01:04:51,320 Speaker 3: much more. I could talk about my boss and his 1278 01:04:51,480 --> 01:04:53,920 Speaker 3: salary at how many people he runs, but I'm not 1279 01:04:54,000 --> 01:04:56,960 Speaker 3: going to because I like working here anyway. I'm going 1280 01:04:57,000 --> 01:05:00,360 Speaker 3: to talk very shortly to Victorious Short, who is the 1281 01:05:00,440 --> 01:05:03,280 Speaker 3: ASB CEO. They released their profit today. It's up a 1282 01:05:03,320 --> 01:05:06,320 Speaker 3: little bit that might be an indication of green shoots 1283 01:05:06,360 --> 01:05:08,920 Speaker 3: and the recovery. And if there is green shoots, how 1284 01:05:08,920 --> 01:05:12,520 Speaker 3: long will this recovery take. So Victoria Short asb CEO 1285 01:05:12,760 --> 01:05:15,600 Speaker 3: is my next guest as we get into the business 1286 01:05:15,640 --> 01:05:21,680 Speaker 3: sector of Heatherton PC Allen's Drive show currently hosted by 1287 01:05:21,760 --> 01:05:24,360 Speaker 3: Ryan Bridge, who is in the family thing right now. 1288 01:05:24,440 --> 01:05:26,800 Speaker 3: So I'm Andrew Dickins filling in and back after news 1289 01:05:26,840 --> 01:05:27,560 Speaker 3: and sporting. 1290 01:05:30,360 --> 01:05:31,320 Speaker 8: For your family. 1291 01:05:32,640 --> 01:05:34,200 Speaker 2: But this. 1292 01:05:36,640 --> 01:05:42,560 Speaker 19: Dot I'm willing, but then stamm where a show you 1293 01:05:42,840 --> 01:05:43,640 Speaker 19: the daughter. 1294 01:05:45,800 --> 01:05:57,040 Speaker 8: Fam where. 1295 01:06:13,680 --> 01:06:18,880 Speaker 1: We're business meets insight, the business hours with Andrew Dickens 1296 01:06:19,200 --> 01:06:22,400 Speaker 1: and Mayor's Insurance and investments, Grow. 1297 01:06:22,200 --> 01:06:32,880 Speaker 8: Your wealth, protect your future. Us talks end be's. 1298 01:06:28,840 --> 01:06:30,520 Speaker 3: Well, good afternoon to you and thank you so much 1299 01:06:30,560 --> 01:06:32,560 Speaker 3: for joining us. My name is Andrew Dickens, fill again 1300 01:06:32,600 --> 01:06:34,680 Speaker 3: for Ryan who's doing some family stuff at the moment. 1301 01:06:34,720 --> 01:06:37,680 Speaker 3: He'll be back on Monday. I had a text through 1302 01:06:37,720 --> 01:06:39,959 Speaker 3: from Bob and many other people are asking about Heather. 1303 01:06:40,600 --> 01:06:43,160 Speaker 3: I talked to Barry Sopa about Heather and I said 1304 01:06:43,160 --> 01:06:45,960 Speaker 3: we really need to talk about hither and the baby, 1305 01:06:46,000 --> 01:06:48,280 Speaker 3: and he went all okay, And so we've made the 1306 01:06:48,400 --> 01:06:51,920 Speaker 3: agreement to talk about hither on Friday when Barry does 1307 01:06:52,000 --> 01:06:55,480 Speaker 3: his political summation at about a quarter to five, So 1308 01:06:55,760 --> 01:07:01,280 Speaker 3: join me then. She's great, by the way, and so's mackay. Anyway, 1309 01:07:01,280 --> 01:07:03,040 Speaker 3: I've got some big news for you about the City 1310 01:07:03,160 --> 01:07:06,320 Speaker 3: rail link, but that's later in the program. Right now, 1311 01:07:06,600 --> 01:07:09,480 Speaker 3: ASB has declared a net profit after tax of seven 1312 01:07:09,560 --> 01:07:12,720 Speaker 3: hundred and sixteen million dollars for the six months to December. 1313 01:07:13,000 --> 01:07:15,000 Speaker 3: That is up one percent on the same period the 1314 01:07:15,080 --> 01:07:18,439 Speaker 3: year before. The bank says home and rural lending grew, 1315 01:07:19,040 --> 01:07:24,120 Speaker 3: but operating expenses have increased for everybody. It comes as 1316 01:07:24,160 --> 01:07:27,840 Speaker 3: the government's investigating banks and whether they're competitive enough. So 1317 01:07:27,960 --> 01:07:31,640 Speaker 3: I'm joined now by the asb's CEO, Victoria Short. Hello Victoria, 1318 01:07:32,000 --> 01:07:34,400 Speaker 3: Hi Andrew, how are you good? Nice little tick up 1319 01:07:34,440 --> 01:07:36,600 Speaker 3: from last year and so can we take from that 1320 01:07:36,760 --> 01:07:38,600 Speaker 3: at corner has been turned in the economy. 1321 01:07:39,080 --> 01:07:39,240 Speaker 22: Yeah. 1322 01:07:39,280 --> 01:07:41,120 Speaker 20: Well, the way that we're describing it is we think 1323 01:07:41,160 --> 01:07:45,880 Speaker 20: that the economic recovery is beginning, and we know that 1324 01:07:45,920 --> 01:07:48,680 Speaker 20: inflation's back in target range. We know that the ocr 1325 01:07:49,240 --> 01:07:54,160 Speaker 20: or infrastrates and moving downwards to more neutral levels. And 1326 01:07:54,280 --> 01:07:57,600 Speaker 20: what we can see is that our customers who have 1327 01:07:57,720 --> 01:08:01,280 Speaker 20: been doing it taugh in our stress are really helping actions. 1328 01:08:01,320 --> 01:08:04,200 Speaker 20: They're taking the actions that we can take to support them, 1329 01:08:04,960 --> 01:08:07,760 Speaker 20: and so we are studying to the customers moving out 1330 01:08:07,800 --> 01:08:09,000 Speaker 20: of stress situations. 1331 01:08:09,600 --> 01:08:13,760 Speaker 3: You have described any future recovery as gradual. What do 1332 01:08:13,800 --> 01:08:14,240 Speaker 3: you mean by that? 1333 01:08:15,080 --> 01:08:17,720 Speaker 20: It takes time for some of these things to flow through. So, 1334 01:08:17,920 --> 01:08:20,960 Speaker 20: for example, about eighty percent of our business or rural 1335 01:08:21,040 --> 01:08:25,840 Speaker 20: customers have been on variable loans, and with variable loans, 1336 01:08:25,960 --> 01:08:29,600 Speaker 20: we pass through those cash rates very quickly. But we 1337 01:08:29,800 --> 01:08:32,719 Speaker 20: know that, for example, people with home loans are mostly 1338 01:08:32,880 --> 01:08:37,839 Speaker 20: fixed and around forty five percent of our fixed blending 1339 01:08:38,320 --> 01:08:41,360 Speaker 20: to homeowners will they will go into a lower rate 1340 01:08:41,479 --> 01:08:45,920 Speaker 20: by June and about seventy percent by Christmas. So it's 1341 01:08:46,040 --> 01:08:49,200 Speaker 20: taking some time for the benefits of these lower rates 1342 01:08:49,280 --> 01:08:52,640 Speaker 20: to flow through and be felt by our particular homeowners. 1343 01:08:53,120 --> 01:08:57,160 Speaker 3: You've also described it as the most difficult economic cycle 1344 01:08:57,240 --> 01:09:00,160 Speaker 3: and a generation. So how bad has it been that 1345 01:09:00,240 --> 01:09:00,639 Speaker 3: it's worse? 1346 01:09:01,800 --> 01:09:05,280 Speaker 20: Yeah, I think you know what I say. Well, the 1347 01:09:05,760 --> 01:09:07,880 Speaker 20: way that I'm really thinking about that is the global 1348 01:09:07,960 --> 01:09:12,120 Speaker 20: financial crisis had some serious impacts around the world, but 1349 01:09:12,400 --> 01:09:16,000 Speaker 20: wasn't stelt as much in New Zealand. When we think 1350 01:09:16,040 --> 01:09:20,479 Speaker 20: about what we've gone through recently with COVID and all 1351 01:09:20,520 --> 01:09:24,400 Speaker 20: of the challenges with lockdowns and and the like. It 1352 01:09:24,560 --> 01:09:28,679 Speaker 20: has been a really difficult period for businesses and households alike, 1353 01:09:28,800 --> 01:09:31,960 Speaker 20: and they've been making a lot of adjustments. So that's 1354 01:09:32,000 --> 01:09:35,840 Speaker 20: why we say that it really has been a particularly 1355 01:09:35,920 --> 01:09:39,840 Speaker 20: difficult period and then also a lot of confusion. You know, 1356 01:09:40,280 --> 01:09:43,559 Speaker 20: rates have gone down quickly, they've come up quickly, they're 1357 01:09:43,560 --> 01:09:48,880 Speaker 20: going back down again, and so key decisions around lending 1358 01:09:49,479 --> 01:09:51,800 Speaker 20: and when to fix the weather to float. It's been 1359 01:09:51,880 --> 01:09:52,920 Speaker 20: quite confusing for people. 1360 01:09:53,200 --> 01:09:55,400 Speaker 3: Now you've been dropping interest rates. Your lowest rate is 1361 01:09:55,479 --> 01:09:58,200 Speaker 3: currently the eighteen month rate that's at five point one nine. 1362 01:09:59,000 --> 01:10:00,920 Speaker 3: When do you think we'll break the five percent barrier? 1363 01:10:02,960 --> 01:10:04,600 Speaker 20: Yeah, so hard to tell. I think you know what 1364 01:10:04,720 --> 01:10:08,360 Speaker 20: we're saying. You know, our economists believe that we'll see 1365 01:10:08,479 --> 01:10:12,760 Speaker 20: a fifty point decrease next week with the ocr call, 1366 01:10:13,080 --> 01:10:16,600 Speaker 20: and we're expecting another two twenty five drops, so one 1367 01:10:16,680 --> 01:10:20,400 Speaker 20: hundred basis points decline in the cash rate for this year. 1368 01:10:20,640 --> 01:10:24,679 Speaker 20: So that's our expectations. But we're also quite quick to say, 1369 01:10:25,240 --> 01:10:28,120 Speaker 20: you know, people need to be thoughtful because interest rates 1370 01:10:28,200 --> 01:10:31,720 Speaker 20: can change depending on world events, and we've seen a 1371 01:10:31,800 --> 01:10:35,280 Speaker 20: lot of that over the last few years, so we 1372 01:10:35,400 --> 01:10:35,600 Speaker 20: need to. 1373 01:10:35,600 --> 01:10:38,439 Speaker 3: Be cautious to Now Shane Jones is waging a war 1374 01:10:38,520 --> 01:10:41,360 Speaker 3: against what he calls woke banking. So what do you 1375 01:10:41,400 --> 01:10:43,200 Speaker 3: make of his bill? It would limit who you can 1376 01:10:43,280 --> 01:10:43,880 Speaker 3: do business with. 1377 01:10:45,400 --> 01:10:47,200 Speaker 20: Yeah, look, I think you know, he's posing some good 1378 01:10:47,280 --> 01:10:51,000 Speaker 20: questions that need a discussion, and I think it's important 1379 01:10:51,000 --> 01:10:53,680 Speaker 20: that to start with, New Zealand has set a net 1380 01:10:53,800 --> 01:10:57,839 Speaker 20: zero target and the government has actually reconfirmed its commitment 1381 01:10:58,080 --> 01:11:00,639 Speaker 20: to that target. So it really that's there. 1382 01:11:01,080 --> 01:11:01,200 Speaker 6: You know. 1383 01:11:01,280 --> 01:11:03,599 Speaker 20: For ASB the way we think about it, it's about 1384 01:11:03,680 --> 01:11:07,920 Speaker 20: supporting our customers and how they transition. So for our 1385 01:11:08,000 --> 01:11:11,880 Speaker 20: customers who are fuel retailers, you know, this transition is 1386 01:11:12,000 --> 01:11:15,439 Speaker 20: front and center of their business planning and thinking, and 1387 01:11:15,600 --> 01:11:18,320 Speaker 20: we want to support them with those transition activities. 1388 01:11:18,960 --> 01:11:21,280 Speaker 3: But a service station operator who's just trying to do 1389 01:11:21,320 --> 01:11:24,320 Speaker 3: an honest business and catering for a need that exists, 1390 01:11:24,560 --> 01:11:27,759 Speaker 3: feels are done by well, we're. 1391 01:11:27,600 --> 01:11:30,360 Speaker 20: Supporting those customers. I guess that's the point I'm trying 1392 01:11:30,400 --> 01:11:34,160 Speaker 20: to make. You know, we support fuel retailers, we continue 1393 01:11:34,240 --> 01:11:36,920 Speaker 20: to and it's part of what we see is our 1394 01:11:37,000 --> 01:11:39,479 Speaker 20: job in supporting a transition open banking. 1395 01:11:39,880 --> 01:11:41,800 Speaker 3: Now, the government is very hot on this. Have you 1396 01:11:41,840 --> 01:11:44,320 Speaker 3: got it running? And if you do, oh you have 1397 01:11:44,479 --> 01:11:45,760 Speaker 3: that's good people using it. 1398 01:11:47,000 --> 01:11:51,200 Speaker 20: Yes, so open banking. So yes, we delivered the whole 1399 01:11:51,280 --> 01:11:56,240 Speaker 20: industry delivered two big APIs as we call them. So 1400 01:11:56,360 --> 01:12:01,640 Speaker 20: that's the interfaces or technology interfaces between ourselves and our 1401 01:12:01,680 --> 01:12:07,680 Speaker 20: customer's information and FinTechs. In essence, we have five FinTechs 1402 01:12:07,760 --> 01:12:11,640 Speaker 20: that are live using those that technology if you like. 1403 01:12:12,640 --> 01:12:14,200 Speaker 20: But I guess one of the things that we noticed 1404 01:12:14,240 --> 01:12:17,120 Speaker 20: from around the world is open banking just really hasn't 1405 01:12:17,240 --> 01:12:21,240 Speaker 20: had significant take ups. So what we want to make 1406 01:12:21,280 --> 01:12:24,719 Speaker 20: sure we get right is the safety of customers, data 1407 01:12:24,800 --> 01:12:26,639 Speaker 20: and information that's really. 1408 01:12:26,479 --> 01:12:30,519 Speaker 3: Important, and education obviously. And finally, you are a CEO 1409 01:12:30,640 --> 01:12:34,439 Speaker 3: of a very big company which has international ownership. Do 1410 01:12:34,560 --> 01:12:36,960 Speaker 3: you have an opinion on New Zealand's corporate tax levels 1411 01:12:37,479 --> 01:12:39,599 Speaker 3: and whether they should be lowered and if they were, 1412 01:12:39,640 --> 01:12:41,320 Speaker 3: would that attract more foreign investment? 1413 01:12:42,600 --> 01:12:42,800 Speaker 2: Yeah? 1414 01:12:42,840 --> 01:12:45,040 Speaker 20: Look, I think there's quite a lot in that question. 1415 01:12:45,240 --> 01:12:48,559 Speaker 20: But you know, the government, the government's job to understand 1416 01:12:48,680 --> 01:12:52,640 Speaker 20: tax and make the appropriate settings based on how it 1417 01:12:52,760 --> 01:12:56,240 Speaker 20: says the box. So I think I'll leave that sort 1418 01:12:56,280 --> 01:12:58,960 Speaker 20: of job to the government. But I do think that 1419 01:12:59,040 --> 01:13:03,559 Speaker 20: point around foreign investment is a really important one to consider. 1420 01:13:04,000 --> 01:13:08,960 Speaker 20: New Zealand really needs international investment and I think it's 1421 01:13:09,040 --> 01:13:11,719 Speaker 20: important to make sure we're not sending mixed signals. 1422 01:13:12,120 --> 01:13:14,720 Speaker 3: Very good Victoria Short, the CEO of the ASB, I 1423 01:13:14,760 --> 01:13:17,040 Speaker 3: thank you for your time today. The time is now 1424 01:13:17,160 --> 01:13:19,920 Speaker 3: six fourteen. Here's the big news about Auckland City Rail Link, 1425 01:13:19,960 --> 01:13:23,400 Speaker 3: the crail, the trains under the tunnels. They're actually going 1426 01:13:23,439 --> 01:13:26,600 Speaker 3: to have trains running in the tunnel tonight. It's the 1427 01:13:26,720 --> 01:13:30,920 Speaker 3: first test run of trains through the tunnel, so we're 1428 01:13:30,960 --> 01:13:33,200 Speaker 3: getting there bit by bit. It's a three point four 1429 01:13:33,240 --> 01:13:35,840 Speaker 3: to five kilometer journey and it's going to be slow. 1430 01:13:36,040 --> 01:13:38,320 Speaker 3: They're going to run the trains at about five kilometers 1431 01:13:38,360 --> 01:13:40,400 Speaker 3: an hour and technicians are going to be on board 1432 01:13:40,439 --> 01:13:43,800 Speaker 3: to complete their first round of checks underground. So tonight 1433 01:13:43,920 --> 01:13:48,160 Speaker 3: is a major miles stone. It might actually happen. Six 1434 01:13:48,160 --> 01:13:51,280 Speaker 3: point fifteen. Jane Tip trainee is actually with me in 1435 01:13:51,280 --> 01:13:53,479 Speaker 3: a few moments time, and we're going to talk about 1436 01:13:53,800 --> 01:13:57,439 Speaker 3: some reviews into the running of the ACC that's next 1437 01:13:57,479 --> 01:13:58,320 Speaker 3: here on zeb. 1438 01:13:59,200 --> 01:14:02,640 Speaker 1: It's the head supers Allen Drive Full Show podcast on 1439 01:14:02,880 --> 01:14:04,879 Speaker 1: iHeartRadio empowered by News. 1440 01:14:04,760 --> 01:14:08,639 Speaker 3: Talks EPPI News Talks B. It is seventeen minutes after 1441 01:14:08,760 --> 01:14:11,639 Speaker 3: six and the government's announced not just one, but two 1442 01:14:11,840 --> 01:14:15,080 Speaker 3: reviews into the running of ACC and consultants will look 1443 01:14:15,080 --> 01:14:18,160 Speaker 3: into ACC's operational performance and its investments. 1444 01:14:18,400 --> 01:14:18,479 Speaker 2: Now. 1445 01:14:18,600 --> 01:14:22,320 Speaker 3: Janete hips Freni is The Herald's Wellington Business editor and 1446 01:14:22,439 --> 01:14:24,759 Speaker 3: joins me in the studio. Hello, Jay, you good? He Andrew, 1447 01:14:25,080 --> 01:14:28,840 Speaker 3: all right, why is there reason to believe that the 1448 01:14:28,920 --> 01:14:33,320 Speaker 3: Accident Compensation Corporation's investment decisions are not the right ones? 1449 01:14:34,080 --> 01:14:36,960 Speaker 28: Well, that is a good question. ACC has actually been 1450 01:14:37,040 --> 01:14:40,720 Speaker 28: reporting pretty good returns in the past year at its 1451 01:14:40,800 --> 01:14:44,559 Speaker 28: returns worth seven point twenty six percent. Since nineteen ninety two, 1452 01:14:44,920 --> 01:14:47,439 Speaker 28: on average, its returns have been just over nine percent, 1453 01:14:47,520 --> 01:14:50,519 Speaker 28: so it's been beating its benchmark over the years. Those 1454 01:14:50,560 --> 01:14:53,800 Speaker 28: are pretty good returns. But Commas and Consumer affairsman are 1455 01:14:53,800 --> 01:14:57,479 Speaker 28: stand also the Minister for ACC, Andrew Bailey, he is 1456 01:14:57,640 --> 01:15:00,560 Speaker 28: wary of the fact that ACC basic he doesn't have 1457 01:15:01,080 --> 01:15:03,600 Speaker 28: enough money to meet all of its claims liabilities. 1458 01:15:04,040 --> 01:15:04,160 Speaker 10: Now. 1459 01:15:04,280 --> 01:15:08,200 Speaker 28: ACC is seven billion dollars in deficit at the moment. 1460 01:15:08,360 --> 01:15:10,479 Speaker 28: You know, that is really big and that is weighing 1461 01:15:10,560 --> 01:15:15,280 Speaker 28: on the government's books substantively. Listeners might recall that Nicola Willis, 1462 01:15:15,320 --> 01:15:18,320 Speaker 28: the Finance Minister, was so wary of this that she 1463 01:15:18,439 --> 01:15:21,360 Speaker 28: got the Treasury to introduce a new way of reporting 1464 01:15:21,439 --> 01:15:25,280 Speaker 28: the government's surplus or deficit called ober gal X to 1465 01:15:25,479 --> 01:15:29,840 Speaker 28: exclude ACC because ACC's deficit was weighing so heavily on 1466 01:15:29,880 --> 01:15:31,840 Speaker 28: the government's books. You know, it makes the government look bad. 1467 01:15:32,240 --> 01:15:34,599 Speaker 28: So Andrew Bailey is trying to do what he can 1468 01:15:34,760 --> 01:15:38,080 Speaker 28: to figure out, well, you know, what are the issues 1469 01:15:38,240 --> 01:15:40,639 Speaker 28: and what can be improved. Now, one of the things 1470 01:15:40,720 --> 01:15:43,800 Speaker 28: is the investments he wants to He's getting these consultants 1471 01:15:43,880 --> 01:15:46,599 Speaker 28: and to look to see are they using the right approach, 1472 01:15:46,720 --> 01:15:49,720 Speaker 28: what's the governance like, so on and so on? Are 1473 01:15:49,800 --> 01:15:52,720 Speaker 28: they focusing too much on investing in clean things? That 1474 01:15:52,920 --> 01:15:56,559 Speaker 28: was something he suggested to me. You know, carbon emissions. 1475 01:15:56,560 --> 01:15:59,360 Speaker 28: Are they too fixated on that? So it'll be interesting 1476 01:15:59,400 --> 01:16:02,280 Speaker 28: to see what comes of that now, you suggested as well. 1477 01:16:02,320 --> 01:16:05,160 Speaker 28: The other thing they're looking at is the way ACC operates, 1478 01:16:05,200 --> 01:16:08,400 Speaker 28: you know, the claims management. Are they letting people stay 1479 01:16:08,439 --> 01:16:09,479 Speaker 28: in ACC for too long? 1480 01:16:09,840 --> 01:16:12,760 Speaker 3: Right? Okay, So what are the consultants expected to do? 1481 01:16:13,760 --> 01:16:16,360 Speaker 28: Well, there's a long list of things they need to do. 1482 01:16:17,600 --> 01:16:20,479 Speaker 28: Andrew Bailey said that he ultimately, whatever came of this, 1483 01:16:20,640 --> 01:16:22,680 Speaker 28: he's not going to tell ACC this is how you 1484 01:16:22,800 --> 01:16:26,360 Speaker 28: need to invest the money. It's fifty billion dollars of money, right, 1485 01:16:26,439 --> 01:16:29,080 Speaker 28: that's the size of the portfolio. It's a lot of money. 1486 01:16:29,880 --> 01:16:32,280 Speaker 28: But I guess if there are any constraints he's used 1487 01:16:32,320 --> 01:16:37,360 Speaker 28: the word constraints preventing ACC from maximizing returns, he wants 1488 01:16:37,439 --> 01:16:40,719 Speaker 28: to remove those. My opinion is that the bigger issue 1489 01:16:40,800 --> 01:16:43,760 Speaker 28: here is actually around claims management. It's the fact that 1490 01:16:43,920 --> 01:16:47,280 Speaker 28: people are staying on ACC for longer, They're taking longer 1491 01:16:47,320 --> 01:16:50,000 Speaker 28: to get rehabilitated to get back to work. You know, 1492 01:16:50,120 --> 01:16:53,080 Speaker 28: that might bring up some bigger questions around the health system. 1493 01:16:53,160 --> 01:16:54,800 Speaker 28: Is it taking people too long to be seen? 1494 01:16:55,160 --> 01:17:00,760 Speaker 3: And court decisions in seeing that ACC has expanded responsibilities 1495 01:17:00,800 --> 01:17:02,599 Speaker 3: and liabilities totally. 1496 01:17:02,800 --> 01:17:05,479 Speaker 28: So that is a huge factor. There've been a number 1497 01:17:05,520 --> 01:17:08,280 Speaker 28: of court rulings, one of which relates to people who 1498 01:17:08,720 --> 01:17:12,320 Speaker 28: can't work because of injuries suffered when they were children. 1499 01:17:12,680 --> 01:17:16,360 Speaker 28: This court ruling means that ACC reckons about an additional 1500 01:17:16,600 --> 01:17:20,840 Speaker 28: one hundred thousand people might become eligible for ACC cover 1501 01:17:20,960 --> 01:17:24,479 Speaker 28: for compensation due to this court ruling now that should 1502 01:17:24,600 --> 01:17:29,720 Speaker 28: bring ACC's claims liability up by about three point five 1503 01:17:29,840 --> 01:17:30,519 Speaker 28: billion dollars. 1504 01:17:30,760 --> 01:17:32,920 Speaker 3: That's just the one court ruling. 1505 01:17:33,360 --> 01:17:35,760 Speaker 28: So so you know, Andrew Baty said to me that 1506 01:17:35,960 --> 01:17:38,880 Speaker 28: she looking at what ACC covers, the scope of its 1507 01:17:38,920 --> 01:17:42,840 Speaker 28: coverage is not something the reviews are going to cover. 1508 01:17:43,160 --> 01:17:45,519 Speaker 3: It's a huge, huge story and you're covering it so well. 1509 01:17:45,600 --> 01:17:47,400 Speaker 3: And I thank you so much to natim trying you 1510 01:17:47,479 --> 01:17:49,560 Speaker 3: think you It is now six twenty one for the 1511 01:17:49,640 --> 01:17:54,360 Speaker 3: asset management on asset stuff and investment stuff is next. 1512 01:17:54,920 --> 01:17:57,360 Speaker 3: So look, we all do it. We do it every day. 1513 01:17:57,479 --> 01:18:00,600 Speaker 3: We overthink big things, things like job and security and 1514 01:18:00,680 --> 01:18:03,479 Speaker 3: mortgage rates in that lump in our neck, and we 1515 01:18:03,640 --> 01:18:07,000 Speaker 3: also overthink little things like what night has bins night? 1516 01:18:07,600 --> 01:18:10,960 Speaker 3: And why is cheese now a luxury item? But as 1517 01:18:11,040 --> 01:18:14,759 Speaker 3: a member of MAS, the New Zealand grown member owned mutual, 1518 01:18:14,880 --> 01:18:18,200 Speaker 3: you can rest easy. MAS is an insurance and investment 1519 01:18:18,320 --> 01:18:20,760 Speaker 3: mutual that has been putting its members overthinking to rest 1520 01:18:20,800 --> 01:18:23,240 Speaker 3: for over one hundred years, and this year, for the 1521 01:18:23,400 --> 01:18:26,400 Speaker 3: ninth year in a row, MAS members have voted it 1522 01:18:26,479 --> 01:18:30,280 Speaker 3: the consumer People's choice for house contents and car insurance. 1523 01:18:30,960 --> 01:18:34,839 Speaker 3: Man's offers premium and insurance and investment products, expert advice 1524 01:18:34,960 --> 01:18:37,920 Speaker 3: and exceptional service. And they have your needs at heart. 1525 01:18:38,400 --> 01:18:40,240 Speaker 3: So whether you want to grow your wealth or protect 1526 01:18:40,240 --> 01:18:43,519 Speaker 3: your future, MAS has got you covered. Join the thousands 1527 01:18:43,560 --> 01:18:47,080 Speaker 3: of satisfied members who trust maths to protect what matters most. 1528 01:18:47,520 --> 01:18:50,840 Speaker 3: So rest easy with MAS. Want to earn more? Sorry, 1529 01:18:50,880 --> 01:18:52,519 Speaker 3: want to earn more? Of course we do. You want 1530 01:18:52,560 --> 01:18:55,759 Speaker 3: to learn more and to see their financial advice provided 1531 01:18:55,800 --> 01:18:59,880 Speaker 3: disclosure statements, go to their website. It's MAS that's spelled MA, 1532 01:19:00,800 --> 01:19:02,920 Speaker 3: Mares dot co dot. 1533 01:19:02,840 --> 01:19:06,880 Speaker 1: Inz crunching the numbers and getting the results. It's Andrew 1534 01:19:06,920 --> 01:19:11,560 Speaker 1: Dickens whim of the Business Hour and MAS Insurance and Investments, 1535 01:19:11,920 --> 01:19:14,840 Speaker 1: Grow your Wealth, Protect your Future News talks eNB. 1536 01:19:16,840 --> 01:19:20,240 Speaker 3: It is now six twenty five and Jeremy Hutton joins 1537 01:19:20,280 --> 01:19:21,559 Speaker 3: me from Milford Act Management. 1538 01:19:21,600 --> 01:19:24,160 Speaker 22: Hello, Jeremy, good evening, Andrew. 1539 01:19:24,400 --> 01:19:27,479 Speaker 3: Reporting season kicked off this week with Vulcan Steel. So 1540 01:19:27,600 --> 01:19:30,040 Speaker 3: what are we expecting for the financial results of inside 1541 01:19:30,160 --> 01:19:32,160 Speaker 3: X Companies and Artilla. We just had the result from 1542 01:19:32,200 --> 01:19:34,880 Speaker 3: ASB which is a tick up and people are saying, oh, 1543 01:19:35,160 --> 01:19:39,120 Speaker 3: that might be you know, a suddenly a sprout of green. 1544 01:19:40,800 --> 01:19:40,960 Speaker 20: Yeah. 1545 01:19:41,080 --> 01:19:43,479 Speaker 22: Vulcan Steel they kicked off what will be a very 1546 01:19:43,560 --> 01:19:47,200 Speaker 22: busy three week period for INSIDEX stock market analysts, so 1547 01:19:47,320 --> 01:19:48,920 Speaker 22: this should be a lot of newsflow coming out of 1548 01:19:49,000 --> 01:19:51,040 Speaker 22: New Zealand companies over the next few weeks. So that'll 1549 01:19:51,080 --> 01:19:53,840 Speaker 22: be really interesting seeing how they're seeing the world at 1550 01:19:53,880 --> 01:19:57,479 Speaker 22: the moment. Now, this result period does cover the second 1551 01:19:57,520 --> 01:20:01,599 Speaker 22: half of twenty twenty four, which prizingly the market has 1552 01:20:01,640 --> 01:20:06,080 Speaker 22: pretty low expectations for now. Vulcan Steel their results confirmed 1553 01:20:06,160 --> 01:20:11,080 Speaker 22: some of those challenges we're expecting as reference for listeners. 1554 01:20:11,160 --> 01:20:14,840 Speaker 22: Vulcan is a steel and aluminum distributor based in New 1555 01:20:14,920 --> 01:20:17,920 Speaker 22: Zealand and Australia, and their first half net profit result 1556 01:20:18,040 --> 01:20:21,680 Speaker 22: was down sixty five percent versus last year and this 1557 01:20:21,840 --> 01:20:25,280 Speaker 22: is now down from around eighty five percent from the 1558 01:20:25,320 --> 01:20:27,600 Speaker 22: peak times that they had just after COVID. 1559 01:20:27,760 --> 01:20:30,760 Speaker 3: And this is before the steel and odymdium tariffs that 1560 01:20:30,800 --> 01:20:33,439 Speaker 3: are coming in as well. But Vocus Steel had some 1561 01:20:33,640 --> 01:20:36,519 Speaker 3: very interesting comments yesterday on their outlook for twenty five. 1562 01:20:38,000 --> 01:20:40,240 Speaker 22: Yeah, one of the most interesting aspects in my view 1563 01:20:40,360 --> 01:20:42,479 Speaker 22: of the reporting season is it is a really good 1564 01:20:42,560 --> 01:20:45,799 Speaker 22: chance to hear from a variety of New Zealand businesses 1565 01:20:46,000 --> 01:20:48,439 Speaker 22: on their view of the go forward so what are 1566 01:20:48,479 --> 01:20:52,280 Speaker 22: their expectations for twenty twenty five. And Vulcan Steel, as 1567 01:20:52,320 --> 01:20:54,560 Speaker 22: we know, has been at the really pointy end of 1568 01:20:54,640 --> 01:20:57,640 Speaker 22: a construction and building activity slowdown and this is a 1569 01:20:57,680 --> 01:21:00,680 Speaker 22: really important part of the New Zealand economy. But they 1570 01:21:00,800 --> 01:21:04,799 Speaker 22: finally had some more positive news. So the Vulcan management 1571 01:21:04,840 --> 01:21:07,400 Speaker 22: team they were much more optimistic on their view of 1572 01:21:07,439 --> 01:21:10,519 Speaker 22: the next twelve months. They are talking to tangible green 1573 01:21:10,560 --> 01:21:13,760 Speaker 22: shoots that they're seeing and better customer orders in their 1574 01:21:13,800 --> 01:21:16,160 Speaker 22: forward pipeline as well. So finally some good news for 1575 01:21:16,240 --> 01:21:16,759 Speaker 22: that sector. 1576 01:21:17,880 --> 01:21:19,920 Speaker 3: Play to Buildings next week. Do you think they might 1577 01:21:20,000 --> 01:21:21,240 Speaker 3: say something similar. 1578 01:21:22,280 --> 01:21:25,320 Speaker 22: Yeah, I'd say that Fletchers are unlikely to be as positive. 1579 01:21:25,439 --> 01:21:27,880 Speaker 22: They have warm of the market up fairly well for 1580 01:21:28,960 --> 01:21:31,519 Speaker 22: a tough six month period that's just been and the 1581 01:21:31,600 --> 01:21:34,120 Speaker 22: business has been through a lot of change recently at 1582 01:21:34,160 --> 01:21:37,799 Speaker 22: the senior leadership level, so a relatively new CEO, CFO 1583 01:21:38,040 --> 01:21:41,559 Speaker 22: and the chair also just appointed fairly recently as well, 1584 01:21:41,680 --> 01:21:44,400 Speaker 22: so they're all getting their feet under the table somewhat. 1585 01:21:44,640 --> 01:21:47,439 Speaker 22: But the market won't have that much patience, you know, 1586 01:21:47,479 --> 01:21:52,639 Speaker 22: they'll be expecting some pretty significant thinking from those senior 1587 01:21:52,720 --> 01:21:55,000 Speaker 22: leaders on what the go forward plans for the business 1588 01:21:55,080 --> 01:22:00,720 Speaker 22: are and further furthermore the New Zealand Convention Center another week. 1589 01:22:01,160 --> 01:22:03,479 Speaker 22: It just highlights some of the challenges that Fletcher's is 1590 01:22:03,520 --> 01:22:04,559 Speaker 22: continuing to work through. 1591 01:22:04,760 --> 01:22:07,519 Speaker 3: And we're expecting news out of the electricity gent tailors. 1592 01:22:08,680 --> 01:22:12,080 Speaker 22: Yeah, Contact Energy. They're kicking off the big electricity gent 1593 01:22:12,120 --> 01:22:15,880 Speaker 22: tailors on Monday, and some of the gent tailor results 1594 01:22:15,960 --> 01:22:18,960 Speaker 22: will be a little soft around the edges, you know, 1595 01:22:19,040 --> 01:22:21,439 Speaker 22: some of them have been impacted by that very dry 1596 01:22:21,680 --> 01:22:25,080 Speaker 22: end to the winter in twenty four Some of them 1597 01:22:25,120 --> 01:22:27,240 Speaker 22: had to buy some very expensive gas to keep the 1598 01:22:27,320 --> 01:22:31,360 Speaker 22: market supplied with electricity. I also expect the gent tailors 1599 01:22:31,400 --> 01:22:36,479 Speaker 22: to announce a range of renewable projects. It's very important 1600 01:22:36,520 --> 01:22:39,519 Speaker 22: that they continue to build more generation for the country 1601 01:22:39,640 --> 01:22:42,760 Speaker 22: as it demands. And then finally, any comments that they 1602 01:22:42,800 --> 01:22:46,840 Speaker 22: have on system resilience or gas that will be followed 1603 01:22:46,960 --> 01:22:50,960 Speaker 22: very closely, especially by politicians. They will not be wanting 1604 01:22:51,080 --> 01:22:53,360 Speaker 22: a repeat of some of the winter stresses that we 1605 01:22:53,439 --> 01:22:54,160 Speaker 22: had last year. 1606 01:22:54,360 --> 01:22:55,960 Speaker 3: Is I've got some news on that after the news 1607 01:22:56,040 --> 01:22:58,719 Speaker 3: which is up next. Jeremy Hutton from Milford Asset Management, 1608 01:22:58,760 --> 01:23:00,920 Speaker 3: I thank you so much for your time, Day six 1609 01:23:01,040 --> 01:23:01,559 Speaker 3: twenty nine. 1610 01:23:08,640 --> 01:23:12,760 Speaker 1: Whether it's macro microbe or just plain economics. It's all 1611 01:23:12,880 --> 01:23:16,960 Speaker 1: on the Business Hours with Andrew Dickens and theirs. Insurance 1612 01:23:17,040 --> 01:23:20,759 Speaker 1: and investments, Grow your wealth, protect your future, use talks, 1613 01:23:20,920 --> 01:23:21,920 Speaker 1: feed in. 1614 01:23:26,160 --> 01:23:27,320 Speaker 8: Name and say. 1615 01:23:29,280 --> 01:23:31,960 Speaker 3: Evening to you. I'm Andrew Dickens and for Ryan Bridge, 1616 01:23:32,240 --> 01:23:35,360 Speaker 3: and this is the Business Hour. We heard Jeremy Hutton 1617 01:23:35,479 --> 01:23:37,960 Speaker 3: just now from Milford Asset Management talking about the gent 1618 01:23:38,000 --> 01:23:41,320 Speaker 3: tailors and talking about how they may announce some new renewables. 1619 01:23:42,120 --> 01:23:44,760 Speaker 3: Well they need to because here is a story that 1620 01:23:45,000 --> 01:23:48,760 Speaker 3: happened today which hits New Zealand's ambition to become a 1621 01:23:48,800 --> 01:23:52,160 Speaker 3: greener economy. The country's big four power companies are looking 1622 01:23:52,200 --> 01:23:55,240 Speaker 3: to extend the life of Huntley Power Station. They want 1623 01:23:55,280 --> 01:23:59,759 Speaker 3: to improve energy security. Genesis owns the station. It's agreed 1624 01:23:59,800 --> 01:24:04,360 Speaker 3: with Mercury, Meridian and Contact to look at ways to 1625 01:24:04,439 --> 01:24:07,759 Speaker 3: extend the life of the coal and gas fired units. 1626 01:24:08,120 --> 01:24:10,439 Speaker 3: Now those units were due for retirement in the next 1627 01:24:10,479 --> 01:24:14,839 Speaker 3: few years. This power station is getting old. Last winter's 1628 01:24:15,000 --> 01:24:18,320 Speaker 3: energy crisis is the reason. You know, so say whatever 1629 01:24:18,400 --> 01:24:22,439 Speaker 3: you want, believe whatever you want. Until we develop more 1630 01:24:22,680 --> 01:24:27,479 Speaker 3: renewable and clean energy sources, then coal is here to stay. 1631 01:24:28,160 --> 01:24:30,519 Speaker 3: Because you can't put the wagon before the horse. You 1632 01:24:30,600 --> 01:24:32,839 Speaker 3: can't get rid of coal if you don't have the replacement. 1633 01:24:33,160 --> 01:24:36,280 Speaker 3: And remember, if you want growth, growth, growth, growth, growth, growth, growth, 1634 01:24:37,040 --> 01:24:42,000 Speaker 3: you need power, power, power, power, power, power power. All right, 1635 01:24:42,520 --> 01:24:44,519 Speaker 3: on the way, Gavin Gray from the UK. But right 1636 01:24:44,640 --> 01:24:48,360 Speaker 3: now we've got Patrick Smley from Business Desk. It sounds 1637 01:24:48,479 --> 01:24:50,280 Speaker 3: like New Zealand First has come to the party when 1638 01:24:50,320 --> 01:24:53,160 Speaker 3: it comes to overseas buyers of property and Patrick, a 1639 01:24:53,200 --> 01:24:55,720 Speaker 3: Business desk is reporting New Zealand First to set to 1640 01:24:55,840 --> 01:24:59,840 Speaker 3: agree to allow wealthy people to buy homes above a 1641 01:25:00,200 --> 01:25:04,280 Speaker 3: certain threshold, reportedly five million dollars. So Patrick Spley from 1642 01:25:04,320 --> 01:25:08,120 Speaker 3: Business Desk is with me. Now, Hello, Patrick, Hi, Andrew. 1643 01:25:08,600 --> 01:25:10,320 Speaker 18: I'm sure I'm not the only person who's written there. 1644 01:25:10,360 --> 01:25:14,879 Speaker 3: You know, well, okay, do we know that the threshold 1645 01:25:14,960 --> 01:25:15,880 Speaker 3: is five million dollars? 1646 01:25:16,760 --> 01:25:20,840 Speaker 18: We don't know that, and in many ways do pervoty 1647 01:25:20,880 --> 01:25:23,240 Speaker 18: yds with you. I think the more important thing is 1648 01:25:23,280 --> 01:25:25,519 Speaker 18: that New Zealand First has agreed to a set of 1649 01:25:26,360 --> 01:25:33,080 Speaker 18: reforms to the Overseas Investment Regime and so act. And 1650 01:25:33,160 --> 01:25:36,280 Speaker 18: it seems to me that that's actually even more significant 1651 01:25:36,320 --> 01:25:41,479 Speaker 18: than the residential property thing, because that's what international investors 1652 01:25:41,520 --> 01:25:44,120 Speaker 18: coming into the summit next month will be wanting to 1653 01:25:44,920 --> 01:25:49,320 Speaker 18: know about. So it's almost like that summit has accelerated 1654 01:25:49,400 --> 01:25:51,280 Speaker 18: a debate that had to be had at the Coutnet 1655 01:25:51,320 --> 01:25:54,960 Speaker 18: table about how they got to that point, and all 1656 01:25:55,040 --> 01:25:57,880 Speaker 18: this visa stuff is really supporting all of that, so 1657 01:25:57,960 --> 01:26:00,240 Speaker 18: that people who might want to come here in the 1658 01:26:00,320 --> 01:26:03,560 Speaker 18: course of making investments, we'll find that easier to do. 1659 01:26:04,280 --> 01:26:08,120 Speaker 3: Yeah, okay, I understand act absolutely, But New Zealand first, 1660 01:26:08,240 --> 01:26:09,439 Speaker 3: that is a sea change. 1661 01:26:11,600 --> 01:26:15,560 Speaker 29: They have been persuaded over a period of time, and 1662 01:26:16,120 --> 01:26:19,280 Speaker 29: Peter started talking about it last year, and I think 1663 01:26:19,360 --> 01:26:21,599 Speaker 29: Shane Jones is particularly on board and has probably been 1664 01:26:21,640 --> 01:26:27,080 Speaker 29: influential in changing Winston Peters's mind to a more nuanced 1665 01:26:27,160 --> 01:26:29,879 Speaker 29: view about foreign investment. 1666 01:26:31,360 --> 01:26:33,560 Speaker 18: And as long as it's a reasonably toppy threshold, I 1667 01:26:33,640 --> 01:26:35,800 Speaker 18: mean it was. There was a cartoon I saw in 1668 01:26:35,840 --> 01:26:39,599 Speaker 18: a newspaper this morning which suggested that letting rich people 1669 01:26:39,720 --> 01:26:43,080 Speaker 18: coming from from America or wherever by very expensive homes 1670 01:26:43,080 --> 01:26:47,120 Speaker 18: would would increase homelessness. I thought, I don't really think 1671 01:26:47,160 --> 01:26:49,160 Speaker 18: that's very likely. They're not going to be buying houses 1672 01:26:49,800 --> 01:26:51,960 Speaker 18: that the average first home buyer is looking for. No, 1673 01:26:52,760 --> 01:26:54,080 Speaker 18: they won't even be allowed. 1674 01:26:53,840 --> 01:26:56,560 Speaker 3: To Yeah, exactly, well five million god speak, you know, 1675 01:26:56,640 --> 01:27:00,400 Speaker 3: here we go. So you've already mentioned, of course we've 1676 01:27:00,400 --> 01:27:02,800 Speaker 3: got the summit. It's coming up very shortly, and this 1677 01:27:04,040 --> 01:27:05,920 Speaker 3: is setting quite a good scene for the whole thing. 1678 01:27:06,600 --> 01:27:08,840 Speaker 3: When you look at all the business settings that we 1679 01:27:08,920 --> 01:27:12,200 Speaker 3: are presenting before these international investors. Are we starting to 1680 01:27:12,360 --> 01:27:13,439 Speaker 3: look attractive enough? 1681 01:27:18,280 --> 01:27:22,080 Speaker 18: I doubt it, But I do think that there are 1682 01:27:22,160 --> 01:27:25,120 Speaker 18: a number of things which start to come together, which 1683 01:27:25,120 --> 01:27:27,200 Speaker 18: should start to come together, which maybe at the moment 1684 01:27:27,240 --> 01:27:29,799 Speaker 18: they are a bit hard to see how they connect 1685 01:27:30,200 --> 01:27:32,639 Speaker 18: because they're not the connections not happening. If you've put 1686 01:27:32,640 --> 01:27:35,519 Speaker 18: a big list of fast track projects that need funding 1687 01:27:35,520 --> 01:27:37,000 Speaker 18: in front of a whole bunch of people with lots 1688 01:27:37,000 --> 01:27:40,640 Speaker 18: of money they want a deploy in safe countries to 1689 01:27:40,720 --> 01:27:45,080 Speaker 18: do good things and hopefully make some money, then the 1690 01:27:45,200 --> 01:27:49,200 Speaker 18: fast track and the infrastructure projects that the government has 1691 01:27:49,280 --> 01:27:52,600 Speaker 18: on its own books represent a whole bunch of opportunities 1692 01:27:52,920 --> 01:27:56,000 Speaker 18: for investments. So it's now becoming possible to think that 1693 01:27:56,080 --> 01:27:58,800 Speaker 18: you could get it. If you think in these terms, 1694 01:27:59,160 --> 01:28:01,280 Speaker 18: instead of it taking ages, it will be reasently quick 1695 01:28:01,360 --> 01:28:03,840 Speaker 18: to get the thing underway. So yeah, I think to 1696 01:28:04,000 --> 01:28:07,160 Speaker 18: some extent, but I think it's the reality is only 1697 01:28:07,160 --> 01:28:08,280 Speaker 18: going to set in very slowly. 1698 01:28:08,760 --> 01:28:10,920 Speaker 3: But of course it means nothing if we don't actually 1699 01:28:11,120 --> 01:28:15,240 Speaker 3: get people with investment capability, you know, and our higher 1700 01:28:15,640 --> 01:28:18,519 Speaker 3: class of investment capability to come along. And they've been 1701 01:28:18,600 --> 01:28:20,439 Speaker 3: very tight lipped about who's coming to the summit. I 1702 01:28:20,520 --> 01:28:23,160 Speaker 3: interviewed Neck Leggett the other day from Infrastructure in New Zealand. 1703 01:28:23,160 --> 01:28:25,280 Speaker 3: I said, mate, are you invited? And he went, I 1704 01:28:25,400 --> 01:28:25,680 Speaker 3: don't know. 1705 01:28:27,360 --> 01:28:27,760 Speaker 6: Do you know? 1706 01:28:28,040 --> 01:28:28,840 Speaker 18: Do you live it? Signed? 1707 01:28:29,000 --> 01:28:31,519 Speaker 3: Yeah, I know exactly. I would have thought he would 1708 01:28:31,520 --> 01:28:34,360 Speaker 3: have been number one or certainly high up there from 1709 01:28:34,439 --> 01:28:36,360 Speaker 3: the New Zealand side. Do you know who's been invited? 1710 01:28:37,560 --> 01:28:39,240 Speaker 18: I know a few of the people have been invited, 1711 01:28:40,960 --> 01:28:43,599 Speaker 18: and I have make educated guesses about others. I mean 1712 01:28:44,120 --> 01:28:45,960 Speaker 18: New Zealand first is very keen on the on the 1713 01:28:46,080 --> 01:28:49,960 Speaker 18: Singaporean Government's Sovereign Wealth Fund Temasek. I would expect them 1714 01:28:50,000 --> 01:28:54,720 Speaker 18: to be there. We know that Morrison and Co. Which 1715 01:28:54,760 --> 01:28:58,679 Speaker 18: is the company that manages in for till infrastructure Investor, 1716 01:29:00,360 --> 01:29:03,559 Speaker 18: will be there and has invited other parties that they 1717 01:29:03,640 --> 01:29:10,560 Speaker 18: deal with internationally to be present, some banks, some some 1718 01:29:10,800 --> 01:29:13,560 Speaker 18: other uh. I think she's struggling to remember who the 1719 01:29:13,640 --> 01:29:16,360 Speaker 18: hell that we know about? Oh, Black Frock. Of course 1720 01:29:16,439 --> 01:29:18,920 Speaker 18: we kind of botted the copeople off of it. But 1721 01:29:20,720 --> 01:29:25,040 Speaker 18: they will send a reasonably senior person, which is which 1722 01:29:25,160 --> 01:29:28,200 Speaker 18: is which is good? I kind of thought they abandoned us. 1723 01:29:28,160 --> 01:29:33,880 Speaker 3: Really, Okay, Patrick, Yes, Black Rock is coming and that's 1724 01:29:33,920 --> 01:29:36,800 Speaker 3: gonna that's going to put some wolves amongst the sheep, 1725 01:29:36,920 --> 01:29:39,320 Speaker 3: is it not? Anyway, Thank you so much for your time. 1726 01:29:39,520 --> 01:29:42,759 Speaker 3: Patrick's smile from Business desk. It is seventeen minutes to seven. 1727 01:29:43,040 --> 01:29:45,160 Speaker 3: This is News Talks here being on the way. Kevin 1728 01:29:45,200 --> 01:29:47,959 Speaker 3: Gray from the UK. As we look at europe news. 1729 01:29:48,320 --> 01:29:52,400 Speaker 1: Everything from SMS to the big corporates, the Business Hour 1730 01:29:52,720 --> 01:29:57,519 Speaker 1: with Andrew Dickins and mayors, insurance and investments, Grow your wealth, 1731 01:29:57,720 --> 01:29:59,599 Speaker 1: Protect your future, youth talks. 1732 01:29:59,360 --> 01:29:59,680 Speaker 8: That'd be. 1733 01:30:01,280 --> 01:30:04,479 Speaker 3: It's fourteen to seven ninety two. Ninety two is the 1734 01:30:04,520 --> 01:30:06,560 Speaker 3: ticket number of small chat's applied. If you want to 1735 01:30:06,600 --> 01:30:09,439 Speaker 3: say anything about anything that we're talking about here, I 1736 01:30:09,720 --> 01:30:13,840 Speaker 3: like to welcome to the program. Kevin Gray from the UK. Hello, Gvini. 1737 01:30:13,880 --> 01:30:17,760 Speaker 3: There Andrew a Palestinian family. They used to live in 1738 01:30:17,800 --> 01:30:19,920 Speaker 3: Gaza have now been given the right to live in 1739 01:30:20,160 --> 01:30:23,439 Speaker 3: the UK. It was not easy for them to get 1740 01:30:23,479 --> 01:30:24,040 Speaker 3: that right. 1741 01:30:25,240 --> 01:30:26,640 Speaker 12: No, indeed not. 1742 01:30:27,000 --> 01:30:30,400 Speaker 30: And this is because they applied under a scheme for 1743 01:30:30,920 --> 01:30:34,880 Speaker 30: Ukrainian refugees. I'll explain that in a minute. But the 1744 01:30:35,160 --> 01:30:37,680 Speaker 30: ramification of this is now that this could open up 1745 01:30:38,120 --> 01:30:43,559 Speaker 30: the floodgates form many many more from Gaza to say well, 1746 01:30:43,680 --> 01:30:45,640 Speaker 30: if that's the case, then we can come to the 1747 01:30:45,800 --> 01:30:49,160 Speaker 30: UK as well. The government has been contesting this. So anyway, 1748 01:30:49,439 --> 01:30:52,800 Speaker 30: the mother, father, and their four children were aged. The 1749 01:30:52,920 --> 01:30:57,840 Speaker 30: children aged between seven and eighteen, were displaced after their 1750 01:30:57,880 --> 01:31:02,400 Speaker 30: home was destroyed by an airstrike in the Israel Hamas War. Now, 1751 01:31:02,439 --> 01:31:05,559 Speaker 30: they applied to the UK using the Ukraine Family Scheme 1752 01:31:06,000 --> 01:31:09,000 Speaker 30: because they said there was no other way that they 1753 01:31:09,040 --> 01:31:10,560 Speaker 30: could apply for refugee. 1754 01:31:10,280 --> 01:31:11,240 Speaker 12: Status in the UK. 1755 01:31:12,000 --> 01:31:15,360 Speaker 30: So they applied under that Ukrainian scheme to join the 1756 01:31:15,479 --> 01:31:18,240 Speaker 30: father's brother who's lived in the UK for seventeen years 1757 01:31:18,280 --> 01:31:21,880 Speaker 30: and is a British citizen. Their application was refused. The 1758 01:31:21,960 --> 01:31:24,439 Speaker 30: Home Office here said that the requirements of the scheme 1759 01:31:24,520 --> 01:31:28,280 Speaker 30: were not met. The family of six have been granted anonymity. 1760 01:31:28,400 --> 01:31:31,640 Speaker 30: They had an appeal dismissed. However, they then went to 1761 01:31:31,760 --> 01:31:34,600 Speaker 30: another appeal and are the article eight of Yes, you 1762 01:31:34,680 --> 01:31:37,559 Speaker 30: guessed it. The European Convention of Human Rights, which protects 1763 01:31:37,600 --> 01:31:41,040 Speaker 30: the right to family life. The judge there decided they 1764 01:31:41,080 --> 01:31:43,960 Speaker 30: should absolutely be allowed to stay in the UK because 1765 01:31:44,000 --> 01:31:46,320 Speaker 30: their lives were at risk. As I said, now we 1766 01:31:46,439 --> 01:31:48,479 Speaker 30: get the government here saying they are going to contest 1767 01:31:48,560 --> 01:31:51,120 Speaker 30: this and other applications that now come in. 1768 01:31:52,760 --> 01:31:55,760 Speaker 3: Okay, interesting, interesting, But it shows the desperation of the 1769 01:31:55,800 --> 01:31:59,479 Speaker 3: Palestinians that they look at a creative way of actually 1770 01:31:59,479 --> 01:32:00,600 Speaker 3: becoming a fugi. 1771 01:32:01,560 --> 01:32:05,040 Speaker 12: Yep, yep. Absolutely, and their needs and desperate desires too. Yeah. 1772 01:32:05,880 --> 01:32:08,840 Speaker 3: Okay, Now tell me about the WhatsApp scandal that's coming 1773 01:32:08,880 --> 01:32:09,599 Speaker 3: out of Manchester. 1774 01:32:10,880 --> 01:32:13,879 Speaker 30: Yeah, so this is getting particularly bad for the government. 1775 01:32:14,040 --> 01:32:17,840 Speaker 30: These are all Labor Parties supporters or members or in 1776 01:32:17,920 --> 01:32:21,439 Speaker 30: a couple of cases MPs. The WhatsApp group has shared 1777 01:32:21,479 --> 01:32:28,320 Speaker 30: effectively racist, homophobic, agist comments, particularly unpleasant even about some 1778 01:32:28,520 --> 01:32:31,920 Speaker 30: of those in the Labor Party themselves. One Health minister 1779 01:32:32,040 --> 01:32:36,120 Speaker 30: has been sacked, Another MP was suspended after admitting some 1780 01:32:36,360 --> 01:32:40,200 Speaker 30: badly misjudged comments. The hunter's been on from a right 1781 01:32:40,240 --> 01:32:43,479 Speaker 30: wing newspaper to identify the rest of the WhatsApp group. 1782 01:32:43,840 --> 01:32:46,360 Speaker 12: Sounds easy to do, but it's quite difficult if you're not. 1783 01:32:46,400 --> 01:32:48,720 Speaker 30: A member of it to work out how to get 1784 01:32:48,800 --> 01:32:51,240 Speaker 30: those other numbers and then work out who those numbers 1785 01:32:51,320 --> 01:32:54,360 Speaker 30: belong to. And now all of a sudden, the Labor Party, 1786 01:32:54,400 --> 01:32:56,360 Speaker 30: which is the party of government here in the UK, 1787 01:32:56,720 --> 01:33:00,080 Speaker 30: has suspended eleven of its own counselors in Great to 1788 01:33:00,200 --> 01:33:04,880 Speaker 30: Manchester as part of this investigation. And it looks like 1789 01:33:05,640 --> 01:33:07,880 Speaker 30: that they think they've probably got a lid on it 1790 01:33:08,000 --> 01:33:10,760 Speaker 30: now that this drip drip drip of people coming out 1791 01:33:10,800 --> 01:33:14,080 Speaker 30: as being labor members, labor supporters, labor MPs who are 1792 01:33:14,160 --> 01:33:17,800 Speaker 30: part of this group with these highly offensive messages, Well 1793 01:33:17,960 --> 01:33:19,799 Speaker 30: that's been very damaging for this government. 1794 01:33:20,000 --> 01:33:22,880 Speaker 3: Yes, well yes, and the Labor Patty always prides itself 1795 01:33:22,960 --> 01:33:26,639 Speaker 3: as being at a high morality wise. 1796 01:33:26,720 --> 01:33:27,560 Speaker 10: But who was it? 1797 01:33:27,680 --> 01:33:29,479 Speaker 3: Andrew Guyinn got suspended. 1798 01:33:30,080 --> 01:33:34,000 Speaker 30: Yep, that's right, and he was suspended on Saturdays said 1799 01:33:34,080 --> 01:33:35,640 Speaker 30: his comments were badly misjudged. 1800 01:33:35,720 --> 01:33:36,639 Speaker 12: Just to give you an idea. 1801 01:33:37,760 --> 01:33:40,519 Speaker 30: In some of the messages that have been revealed, one 1802 01:33:40,560 --> 01:33:42,400 Speaker 30: of those in the group said they hope a seventy 1803 01:33:42,439 --> 01:33:45,000 Speaker 30: two year old woman would soon be dead after she 1804 01:33:45,120 --> 01:33:47,760 Speaker 30: wrote to her local counselor about bin collections. 1805 01:33:48,080 --> 01:33:50,640 Speaker 3: Mister Gwinn, by the way, was a health nurs so 1806 01:33:51,000 --> 01:33:55,360 Speaker 3: that's not a good look as well. Now the de 1807 01:33:55,560 --> 01:33:59,080 Speaker 3: industrialization of oil in Europe. Now we've been talking about 1808 01:33:59,080 --> 01:34:01,920 Speaker 3: this because of in the hos who have withdrawn from 1809 01:34:02,320 --> 01:34:06,120 Speaker 3: wanting to fund all backs Jerseys. BP says that they 1810 01:34:06,240 --> 01:34:07,040 Speaker 3: are in trouble. 1811 01:34:08,400 --> 01:34:11,280 Speaker 30: Yeah, and this is all because they said they were 1812 01:34:11,360 --> 01:34:16,360 Speaker 30: focusing a lot more on green energy and they're rowing 1813 01:34:16,479 --> 01:34:19,439 Speaker 30: back on that now, in line incidentally with other some 1814 01:34:20,000 --> 01:34:23,919 Speaker 30: big energy jants. Last week, the Norwegian energy giant Equinor 1815 01:34:24,200 --> 01:34:27,040 Speaker 30: said it would harve its investment in renewable energy over 1816 01:34:27,080 --> 01:34:30,040 Speaker 30: the next two years while increasing oil and gas production. 1817 01:34:30,479 --> 01:34:34,160 Speaker 30: Of course, Donald Trump famously said drill, Baby, drill when. 1818 01:34:34,080 --> 01:34:35,439 Speaker 12: It comes to oil and gas. 1819 01:34:35,800 --> 01:34:39,480 Speaker 30: And now oil giant BP, formerly known as British Petroleum, 1820 01:34:39,520 --> 01:34:43,559 Speaker 30: says it will quote fundamentally reset its strategy with profits 1821 01:34:43,760 --> 01:34:49,200 Speaker 30: dropping sharply last year. Profits fell from fell to fourteen 1822 01:34:49,360 --> 01:34:54,639 Speaker 30: billion from some roughly twenty two billion the previous year, 1823 01:34:54,920 --> 01:34:57,679 Speaker 30: and it said lower oil and gas prices and lower 1824 01:34:57,880 --> 01:35:00,559 Speaker 30: profits from its refineries had dented how how much money 1825 01:35:00,600 --> 01:35:01,120 Speaker 30: it had made. 1826 01:35:01,640 --> 01:35:03,839 Speaker 12: But this is a big change for BP. 1827 01:35:03,960 --> 01:35:06,200 Speaker 30: Because five years ago it's set to target a fifty 1828 01:35:06,280 --> 01:35:10,600 Speaker 30: gigawad of renewables generation capacity by twenty thirty, and we 1829 01:35:10,760 --> 01:35:12,080 Speaker 30: expect that to be abandoned. 1830 01:35:12,240 --> 01:35:14,880 Speaker 12: A major change of strategy to announce at the end. 1831 01:35:14,800 --> 01:35:17,360 Speaker 30: Of this month, with the company set to scale back 1832 01:35:17,520 --> 01:35:20,200 Speaker 30: massively on its renewables. And as I said, it's not 1833 01:35:20,320 --> 01:35:22,280 Speaker 30: the first big company and it won't be the last 1834 01:35:22,320 --> 01:35:23,880 Speaker 30: of it, I think to announce something similar. 1835 01:35:23,960 --> 01:35:26,160 Speaker 3: So to put it in a nutshell, they're making less 1836 01:35:26,439 --> 01:35:29,479 Speaker 3: than they used to make from oil, but they're making 1837 01:35:29,600 --> 01:35:33,360 Speaker 3: even less from their renewables, and so it's a double wemming. 1838 01:35:34,560 --> 01:35:37,240 Speaker 30: Yeah, and they're not going to invest as much in 1839 01:35:37,320 --> 01:35:41,160 Speaker 30: the research and into getting that renewable off the ground 1840 01:35:41,200 --> 01:35:44,759 Speaker 30: as they once were. It had set out a commitment 1841 01:35:44,840 --> 01:35:48,799 Speaker 30: of ten billion US dollars in renewables until twenty thirty, 1842 01:35:49,000 --> 01:35:51,840 Speaker 30: and it's expected that they could well announce they're going 1843 01:35:51,880 --> 01:35:52,080 Speaker 30: to have. 1844 01:35:52,280 --> 01:35:54,840 Speaker 3: That good stuff. Kevin, I thank you so much for 1845 01:35:54,960 --> 01:35:58,240 Speaker 3: your expertise and your information. It is now eight Minister Siven. 1846 01:35:58,360 --> 01:35:59,599 Speaker 3: This is Newstalks ITB. 1847 01:36:01,720 --> 01:36:04,280 Speaker 1: It's the Heather Too per C Allen Drive Full Show 1848 01:36:04,400 --> 01:36:08,120 Speaker 1: podcast on iHeartRadio powered by Newstalk ZEBB. 1849 01:36:08,960 --> 01:36:11,439 Speaker 3: News Talk ZP. I think that was fascinating from Gavin Gray, 1850 01:36:11,520 --> 01:36:13,840 Speaker 3: especially when you consider what happened with Ineos and the 1851 01:36:13,920 --> 01:36:17,280 Speaker 3: all back sponsorship over the last little while. The feller 1852 01:36:17,320 --> 01:36:20,120 Speaker 3: from Inios came out today and said, look, there's been 1853 01:36:20,200 --> 01:36:23,719 Speaker 3: d industrialization of the oil and gas industry in Europe 1854 01:36:23,800 --> 01:36:25,920 Speaker 3: and we're just not making as much money as before, 1855 01:36:26,240 --> 01:36:29,040 Speaker 3: and we've got five billion dollars worth of investments in sports. 1856 01:36:29,360 --> 01:36:31,640 Speaker 3: It's time to cut back. So they're saying there's no 1857 01:36:31,720 --> 01:36:34,080 Speaker 3: money in oil anymore. BP saying there's no money in 1858 01:36:34,160 --> 01:36:38,680 Speaker 3: oil anymore. But they've also spent money making renewables, and 1859 01:36:38,840 --> 01:36:41,880 Speaker 3: the renewables are selling, but they're not making the same 1860 01:36:41,960 --> 01:36:44,840 Speaker 3: profit out of the renewables that historically they got out 1861 01:36:44,880 --> 01:36:48,320 Speaker 3: of the traditional power sources, the carbon power sources, and 1862 01:36:48,400 --> 01:36:51,400 Speaker 3: so the new model is not as profitable. And yet 1863 01:36:51,400 --> 01:36:56,639 Speaker 3: at the same time Europe's using more energy but there's 1864 01:36:56,640 --> 01:36:59,280 Speaker 3: not any money in it. Don't you love disruption? Don't 1865 01:36:59,320 --> 01:37:03,720 Speaker 3: you love chain? It never goes quite as anyone expects. Now, 1866 01:37:04,280 --> 01:37:07,640 Speaker 3: Anthony Millissich is our technical director and he's playing the 1867 01:37:07,720 --> 01:37:09,599 Speaker 3: music the Kooks. 1868 01:37:10,120 --> 01:37:11,960 Speaker 25: She moves in her own way to play us out Tonight. 1869 01:37:12,080 --> 01:37:14,240 Speaker 25: They've just announced the Cooks have that they're going to 1870 01:37:14,280 --> 01:37:18,479 Speaker 25: do a tour across North America across from may Or. Yes, 1871 01:37:18,560 --> 01:37:20,680 Speaker 25: it starts in May and it goes into June, and 1872 01:37:20,800 --> 01:37:23,599 Speaker 25: they're going to do sixteen stops. Now you're probably listening 1873 01:37:23,640 --> 01:37:24,920 Speaker 25: there sitting. I don't want to fly all the way 1874 01:37:24,960 --> 01:37:26,680 Speaker 25: to North America just to see the Koks. Well, good 1875 01:37:26,760 --> 01:37:28,120 Speaker 25: news for you. Then you don't have to be you 1876 01:37:28,160 --> 01:37:29,960 Speaker 25: don't even have to wait that long either. They're also 1877 01:37:30,080 --> 01:37:33,880 Speaker 25: going to be playing next Saturday at Electric Avenue Festival 1878 01:37:33,960 --> 01:37:37,160 Speaker 25: in christ Church. Yeah, they'll be on the park stage 1879 01:37:37,280 --> 01:37:38,879 Speaker 25: at five pm on the Saturday. 1880 01:37:39,840 --> 01:37:42,200 Speaker 3: I'm just very glad that they're still around. I love 1881 01:37:42,240 --> 01:37:43,760 Speaker 3: the song when it came out, and then I haven't 1882 01:37:43,800 --> 01:37:45,439 Speaker 3: heard anything from them in decades. 1883 01:37:45,600 --> 01:37:48,080 Speaker 25: And yeah, in North America want to see them so much. 1884 01:37:48,080 --> 01:37:49,800 Speaker 25: They're going to do sixteen shows. There you go, you 1885 01:37:49,840 --> 01:37:50,400 Speaker 25: can go see it. 1886 01:37:50,479 --> 01:37:52,240 Speaker 3: But this is a lovely song, so turn it up. 1887 01:37:52,320 --> 01:37:56,080 Speaker 3: My thanks to Laura the producer, Anthony of course our 1888 01:37:56,160 --> 01:38:00,479 Speaker 3: technical director, and Libby. We're doing set up and I'm 1889 01:38:00,600 --> 01:38:03,760 Speaker 3: Drew Ricken said, yes, I'm back again tomorrow. Rhyme's back 1890 01:38:03,800 --> 01:38:06,200 Speaker 3: on Mondays. You don't well talk about here. 1891 01:38:06,240 --> 01:38:12,280 Speaker 11: They're on Friday, Okay, smoothing. 1892 01:38:16,000 --> 01:38:22,679 Speaker 8: Away, changing my show Monday. 1893 01:38:26,920 --> 01:38:29,720 Speaker 10: Sound the. 1894 01:38:31,360 --> 01:38:38,720 Speaker 8: Service, give them, give us, but dumps the surface. 1895 01:38:39,439 --> 01:38:50,720 Speaker 31: Sounding service, begin us dump service. 1896 01:39:06,400 --> 01:39:07,840 Speaker 8: Oh do the kids? 1897 01:39:08,320 --> 01:39:10,080 Speaker 2: She moves in a wrong way. 1898 01:39:12,640 --> 01:39:16,280 Speaker 8: She chang to show My Day 1899 01:39:32,640 --> 01:39:35,760 Speaker 1: For more from Hither Duplessy Allen Drive, Listen live to 1900 01:39:35,880 --> 01:39:38,920 Speaker 1: news talks it'd be from four pm weekdays, or follow 1901 01:39:38,960 --> 01:39:40,680 Speaker 1: the podcast on iHeartRadio.