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Speaker 1: Pressing the newsmakers to get the real story.

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Speaker 2: It's Heather dup to see Ellen drive with one New

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Speaker 2: Zealand Let's get connected news.

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Speaker 3: Talk said, be.

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Speaker 4: Afternoon coming up on the show. The warehouse is into

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Speaker 4: Emboss on how stuffed the red sheds are. Infrastructure Minister

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Speaker 4: Chris Bishop on whether Dunedin will now get a hospital

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Speaker 4: or not it's blown its budget and but Shelford on

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Speaker 4: whether he likes the idea of body and for dmac.

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Speaker 1: Heather duplic Ellen.

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Speaker 4: Oh, that's quite the crack down on the truancy from

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Speaker 4: David Seymour, isn't it.

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Speaker 3: Jeez.

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Speaker 4: Don't expect this to go down with the go down

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Speaker 4: well with the teacher unions. So the first thing that

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Speaker 4: David Seymore was announced is that he's coming for the parents.

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Speaker 4: He's going to bring in the possibility of enforcing fines

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Speaker 4: on parents who don't send their kids to school. Now

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Speaker 4: one hundred percent the excuse makers in this country are

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Speaker 4: going to have a problem with this because it's picking

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Speaker 4: on the vulnerable, et cetera, et cetera. Let me tell

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Speaker 4: you something. School is compulsory in New Zealand. If it's

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Speaker 4: compulsory and you don't do it. Generally, how that works

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Speaker 4: is you get punished. A fine is your punishment. That's

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Speaker 4: how compulsion works. There's no point in having it be

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Speaker 4: compulsory and ASKO, well, it's compulsory if we're not then

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Speaker 4: prepared to also punish someone for not doing the compulsory thing.

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Speaker 4: And the fine is not new. It's not like David

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Speaker 4: Seamoh's dreamed up a fine here. These fines are already

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Speaker 4: on the books. They already exist. Parents can already be

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Speaker 4: fined thirty bucks a day if they don't send their

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Speaker 4: kids to school, potentially up to three thousand bucks if

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Speaker 4: they are recidivis defenders. It's just that currently, for the

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Speaker 4: longest time, the fines have not been enforced. Now, the

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Speaker 4: second thing that David Cema is doing is that he's

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Speaker 4: scrapping teacher only days during term times. Schools at the

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Speaker 4: moment to have to hold the teacher under these new rules,

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Speaker 4: not even new rules. Under this direction, schools will have

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Speaker 4: to hold the teacher only days in term breaks. Now

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Speaker 4: one hundred percent the school. The teacher unions are going

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Speaker 4: to complain about this, but again again this is not new.

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Speaker 4: According to David c Office, the law already says that

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Speaker 4: teacher only days should only be held during breaks right,

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Speaker 4: not during term time, and if they have to be

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Speaker 4: held during term time, it can only be held with

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Speaker 4: the permission of the Ministry of Education. But things have

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Speaker 4: just got a bit ropy here, haven't they. So all

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Speaker 4: David Seymour is doing here is reminding us all what

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Speaker 4: the rules already are and trying to get us to

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Speaker 4: follow the existing rules. And the fact that this is

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Speaker 4: coming across as quite a big crackdown, I think tells

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Speaker 4: you how loose we've got with respecting education. Keller nine

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Speaker 4: two is the text number. Standard text fees apply. We'll

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Speaker 4: talk about it a little bit later on again. Now

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Speaker 4: Hastings just a council interesting it's this afternoon voted to

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Speaker 4: allow unelected members of its youth council to have votes

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Speaker 4: in council decisions. So the kids will be allowed to

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Speaker 4: vote in council committees and council subcommittees and they'll be paid. Now,

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Speaker 4: the council was divided on this, seven voted for it

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Speaker 4: and seven voted against it, but ultimately the mayor had

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Speaker 4: the casting vote and the men voted for It's Chris

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Speaker 4: Proctor is the Youth Council chair.

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Speaker 1: Hay Chris Hi, how are you well?

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Speaker 4: Thank you? How much are you getting paid.

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Speaker 5: At this stage? I've only got a partner un job

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Speaker 5: at a cafe.

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Speaker 4: No man for the council work.

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Speaker 5: Look, they vote today actually didn't confirm anything. It's said

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Speaker 5: that councils have now got the ability to potentially give

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Speaker 5: us votes. It's only the first step of the stage. Nothing,

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Speaker 5: nothing's happening.

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Speaker 4: Oh okay, so I heard it's about five hundred bucks

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Speaker 4: per meeting that you would get paid. Is that correct?

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Speaker 5: Yes, if I can give you some context for that.

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Speaker 5: The Youth Council, at the beginning of this process, we

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Speaker 5: never intended remuneration.

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Speaker 6: We're not here for remuneration. That's not our purpose.

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Speaker 5: But council officers informed us that it would be against

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Speaker 5: council values to treat people differently that are working on

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Speaker 5: those committees, and ultimately that's the decision we respect, and

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Speaker 5: we said that the conversations that happened in the next couple

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Speaker 5: of weeks they will determine whether we get remunerated or not.

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Speaker 5: But we've made a position.

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Speaker 4: Waking there and how many of you are there?

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Speaker 5: There are seventeen of us youth counselors.

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Speaker 4: How much seven did you just say?

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Speaker 5: Seventeen seventeen of us youth counselors. But at this stage

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Speaker 5: there will be one youth counselor on the scent on

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Speaker 5: the subcommittee.

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Speaker 4: Yep, okay, so only only one of you would be

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Speaker 4: being paid, not all seventeen.

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Speaker 5: Oh gosh, no, no, no, actually not.

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Speaker 4: And how many meetings would this one person attend in

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Speaker 4: a year?

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Speaker 5: And the year for standing committees there is about four

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Speaker 5: meetings a year and they last for roughly around five

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Speaker 5: to six hours.

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Speaker 4: Okay, so about two thousand bucks a.

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Speaker 6: Year potentially if the councilors, as the councilors agree.

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Speaker 4: Okay, why why should there be a youth counselor who

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Speaker 4: has voting rights that's a really good Christion and is

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Speaker 4: paid for it?

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Speaker 5: Absolutely, that is a really good question. I've still give

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Speaker 5: you a little bit of context. Youth counselor's got the

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Speaker 5: ability to sit on council subcommittees in twenty twenty and

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Speaker 5: with the first council in Zion to have the ability

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Speaker 5: to do that, and there is exact samples of unelected

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Speaker 5: members with voting rights who.

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Speaker 6: Are remunerated across the country. Which count samples.

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Speaker 5: In Hastings specifically, we have the Tackle Too Normalmori Standing Committee.

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Speaker 5: They are unelected members and they have voting rights in

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Speaker 5: their committees.

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Speaker 4: And now the youth.

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Speaker 6: What was that?

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Speaker 5: Sorry?

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Speaker 4: And now the youth? Yes, now we were so why

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Speaker 4: but why why should if I was an if I

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Speaker 4: was a rate payer at Hastings and was not stoked

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Speaker 4: about having to pay someone else to do a job, what,

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Speaker 4: how would you sell it to me that you need

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Speaker 4: to do this job? Like I have got to pay

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Speaker 4: you to do this job? Why?

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Speaker 5: Look, we've never intended for remuneration.

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Speaker 6: That's never been I know that.

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Speaker 4: But you are going to get it, really, I mean

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Speaker 4: you're going to get it obviously, So why should you

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Speaker 4: be doing this job?

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Speaker 5: We want to we want to bring a voice to

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Speaker 5: the council table and we want to make sure that

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Speaker 5: in areas like flex me in in New Zealand and

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Speaker 5: flex Me in Hastings, there is almost fifty percent of

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Speaker 5: population under the age of twenty five, and we feel

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Speaker 5: that it's important, especially for we have really really low

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Speaker 5: by the turn out in this under twenty five category,

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Speaker 5: and that's the actually that we set out to solve.

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Speaker 5: And if we can get someone on a council committee

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Speaker 5: and a young person sees them on there and they

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Speaker 5: see they have input and altogether this is going to

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Speaker 5: have such a small impact on the overall.

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Speaker 4: Why don't they just run? I mean, this is an

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Speaker 4: analected position. Why don't they just run for council?

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Speaker 5: There is under over eighteen. There's very small numbers of

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Speaker 5: people who are eighteen nineteen twenty who are actually councils

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Speaker 5: in New Zealand, and there is an overpresentation of not

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Speaker 5: young people.

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Speaker 6: And so we want to make sure that we want

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Speaker 6: to make sure that.

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Speaker 5: There is an ability for us they have some sort

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Speaker 5: of some sort of voice in that process.

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Speaker 6: And it's a small change for us. We already sit

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Speaker 6: on the committee. Yeah and yeah, whether the remuneration goes

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Speaker 6: through or not that it's not up to christ What

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Speaker 6: are you I'm steven ten years of age?

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Speaker 4: Okay? Do you own a house?

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Speaker 7: No?

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Speaker 4: I didn't pay rates?

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Speaker 8: No?

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Speaker 5: I did not?

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Speaker 4: Okay? And yeah, so how good are you with money

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Speaker 4: if you don't own a house and pay rates and bills?

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Speaker 5: Look, I want to make really clear that the decision, Yes,

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Speaker 5: I do have saving how much have you got? I

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Speaker 5: don't want to discuss that's.

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Speaker 4: The right answer. I could not answer it. But you

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Speaker 4: see why why this may be. I think this is

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Speaker 4: a bitter pill to swallow. To be honest with you,

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Speaker 4: if I was a Hayes Thing's rate payer and I've

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Speaker 4: just been told I'm paying tweet, what did you What

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Speaker 4: was your rates increase? Was it nineteen or twenty five percent?

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Speaker 5: That's a that's a stage increase over three years.

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Speaker 4: Yeah, and what was it?

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Speaker 5: I'm not actually sure.

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Speaker 3: I think it was learn.

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Speaker 4: That, but if it's like nineteen or twenty five percent

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Speaker 4: or something, it's astronomical like that, which is somewhere around there.

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Speaker 4: And I was just told that I am now going

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Speaker 4: to have to listen to the opinion of a young

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Speaker 4: person who doesn't even own their own house or pay

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Speaker 4: the bills. I think I might not be totally cool

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Speaker 4: with that. What do you think?

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Speaker 5: I agree with you completely. Rights degrees have been huge

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Speaker 5: for communities, and that's why we've always said we don't

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Speaker 5: want to be paid council offices and formulatts against council values,

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Speaker 5: and we have to accept that position.

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Speaker 4: I think you're kind of missing my point. My point

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Speaker 4: is I don't actually even want you to have a say,

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Speaker 4: not because I don't like you. You sound like a

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Speaker 4: really smart like you're going places. You're obviously super smart,

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Speaker 4: but you're seventeen years old, mate, I don't care what

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Speaker 4: you think. Like, that's kind of how a lot of

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Speaker 4: ratepayers are going to think.

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Speaker 5: Right, that's a fair position to have. That depends on

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Speaker 5: it depends on what the majority thinks then in this case, Yeah.

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Speaker 4: Yeah, Chris, thank you. I really appreciate you having a

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Speaker 4: chat to us, and I do really mean it. You

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Speaker 4: are going to go places, Chris Procter, the youth council

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Speaker 4: chair was nineteen percent, So I don't know how you

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Speaker 4: feel about that, Hastings, but at nineteen percent rate increases,

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Speaker 4: I'd be expecting my counsel to try to find ways

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Speaker 4: to save money, not find ways to spend more money

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Speaker 4: on stuff that does literally nothing. Sixteen past four.

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Speaker 2: Digging deeper into the day's headlines, It's Heather Duper c

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Speaker 2: Allen Drive with one New Zealand one giant leaf for business,

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Speaker 2: U Stalks Be Sport with the new tab app downloaded today,

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Speaker 2: riteen bit Responsibly.

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Speaker 4: Darcy water Grave Sports Talkhoasters with me a dark ed

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Speaker 4: of plicyl so what do you take on the A

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Speaker 4: B side before that?

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Speaker 9: Can I just like mention where I'm going to the

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Speaker 9: TB this weekend and when I'm to Yorkers I've been

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Speaker 9: going I'd say really well so far, but I'd be lying.

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Speaker 9: But there's a really good NRL on this week he Yeah,

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Speaker 9: there's the preliminary final basically.

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Speaker 3: Semi finals going on.

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Speaker 9: There's a couple of fantastic fixtures. You need to look

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Speaker 9: at Melbourne Storm on the Sydney Roosters. To me, this

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Speaker 9: is huge becuse I've got two huge aggressive props both

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Speaker 9: from New Zealand up against each other, Jared Whyed a

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Speaker 9: hard race is last season and Nelson Solomona, so that

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Speaker 9: collision has gone. I don't think they're taking any bets

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Speaker 9: on who gets taken off on a stretcher first. But

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Speaker 9: if you want to take a look at this Melbourne Storm,

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Speaker 9: go for a multi oka Storm one to twelve to

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Speaker 9: win that thirty one to forty total points and will

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Speaker 9: rulbrick anytime try score. That's paying eighteen dollars and four cents.

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Speaker 4: Get it there on a crazy cray. Don't make you

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Speaker 4: very rich, all right? So what do you think of

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Speaker 4: the all black squad.

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Speaker 9: I'm really pleased that they've not changed one through eight.

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Speaker 9: I think that says a lot about where Robertson's heads

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Speaker 9: at that has stayed the same. They've got a couple

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Speaker 9: of changes off the bench. Patty Tuops. Patrick is back

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Speaker 9: in favor again. Whis good, but we're not in favor.

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Speaker 9: It's not broken anymore was the point. But it says

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Speaker 9: a lot to me. I'm on the Australians, I'm going, oh,

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Speaker 9: it's the same pack. They know what they're they know

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Speaker 9: what they have to do. Our great tick for Wai

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Speaker 9: and the number six jersey again further sharpening his blade,

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Speaker 9: maybe become the full time number six out back. We

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Speaker 9: this was forecast by so many people, Limb Napier plainly.

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Speaker 9: And we've got Biden Barrett coming in at ten. I

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Speaker 9: got no issue with that. Mackenzie doing what he probably

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Speaker 9: does best, which is coming off the bench. Anton Lennett

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Speaker 9: Brown rolls in where there is no Jordi Barrett, and

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Speaker 9: then we switch around with Cortezima who's out TJ Pittinara

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Speaker 9: in his last game in Wellington. And you think about

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Speaker 9: that combination that TJ and Boden that will probably work

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Speaker 9: quite well. When they flick the switch and get the

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Speaker 9: bench sorted out. Suddenly you've got Ratima and McKenzie, who

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Speaker 9: also have a relationship at the Chiefs coming on.

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Speaker 3: So that's the nob.

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Speaker 4: Yeah, this is to your theory that dmac does well

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Speaker 4: in chaos and so because you think he's the kind

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Speaker 4: of player that that really excels in chaos. P not

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Speaker 4: with them drive it, not with their structure and so

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Speaker 4: what you need in the first sixty minutes of structure,

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Speaker 4: but by the last sixty to eighty minutes, at last

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Speaker 4: twenty minutes, you've just got people who are so knacked

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Speaker 4: it becomes chaotic. And then he can work his magic.

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Speaker 9: Providing they don't get to us situation where we're twenty

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Speaker 9: minutes to go, the All Blacks are down by fifteen and.

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Speaker 4: Then it's like, oh, but too much pressure.

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Speaker 9: Those They've got to have faith in him, and I

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Speaker 9: think people are being criticized. I think he knows and

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Speaker 9: then maybe he provides something else, but they get kicker

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Speaker 9: here for me, Can they score in the last twenty minutes?

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Speaker 10: Yeah?

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Speaker 9: Will the All Blacks actually bother the scoreboard attend in

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Speaker 9: the last twenty minutes?

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Speaker 4: It's demac redemption time, isn't it in the last twenty minutes,

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Speaker 4: isn't it? Hey, thank you, dars appreciate it.

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Speaker 9: That's credit starts as well. I'll past for Sri Lanka

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Speaker 9: won the toss and they stuffed us into bat and

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Speaker 9: sorry they're batting first, and we have no changes to their.

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Speaker 4: Living good stuff. Hey, thank you for that, Darcy water

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Speaker 4: Grab Sports Talk cost be back at seven o'clock this evening.

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Speaker 4: It's full twenty two.

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Speaker 2: Heather Duplicy Allen cutting through the noise to get the facts.

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Speaker 2: It's hither Duplicy Allen drive with one New Zealand let's

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Speaker 2: get connected and you talk.

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Speaker 1: As they'd be.

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Speaker 4: Oh no, Winston's at the un and Winston is grumpy.

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Speaker 11: A second core pillar of our efforts must be respectful

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Speaker 11: international humanity in law and the best extendards of humanity

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Speaker 11: that a protects or maybe a third principle. When somebody's

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Speaker 11: addressing you, the rest of the people in the room

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Speaker 11: keep quiet, madam, share is me, thank you, thank you.

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Speaker 4: Normally he's on his best behavior when he's out there

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Speaker 4: trying to impress them, but I think he's I feel like, yeah, anyway,

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Speaker 4: maybe he's jet lagged. Who knows, you know, like, let's

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Speaker 4: not Judge Winston. He's out there trying to do the bit.

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Speaker 4: He's trying to hustle for us. For twenty six Speaking

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Speaker 4: of hustling, almost unbelievably, we've signed the FTA with the

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Speaker 4: UAE today. This is the fastest ever trade deal as

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Speaker 4: far as we can tell that New Zealand's ever signed

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Speaker 4: it in four months, started in May, sign in September,

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Speaker 4: Thank you very much, and off we go. It's going

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Speaker 4: to lift duties on about ninety eight point five percent

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Speaker 4: of New Zealand's experts immediately. That will rise to ninety

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Speaker 4: nine percent within three years. And then Todd McLay, the

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Speaker 4: Trade Minister, will be with us to talk us through

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Speaker 4: that after six But I'm sure Barry Soapa is gonna

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Speaker 4: have something to say when he's with us in twenty

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Speaker 4: minutes time. Bad news for duneed and unfortunately got problems

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Speaker 4: with the new hospital project, so it's blown. Its budget

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Speaker 4: apparently was originally one point eight eight billion. Now apparently

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Speaker 4: it's looking like a three billion dollar project, which is

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Speaker 4: just too much for them. So they've got two options, right,

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Speaker 4: because Dunedin needs a hospital. It's going to have. It's

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Speaker 4: going to have to have this. It's either basically to

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Speaker 4: keep on developing on the old site or just build

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Speaker 4: a new one on the new site, but like a

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Speaker 4: really small one. So we'll have a chat to the

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Speaker 4: Infrastructure Minister Chris Bishop about that after five o'clock and

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Speaker 4: get his take on it. Hither, I agree that that

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Speaker 4: young man should not be part of decision making, but

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Speaker 4: he sounds more intelligent and capable than Wellington's dumb mayor.

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Speaker 4: That's true. Trevor's onto something there. Hither, I don't agree

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Speaker 4: with the young man from Hawk's Bay, but he impressed me.

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Speaker 4: He spoke well and thought well from his corner. Here

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Speaker 4: the Chris Proctor. That's the young man. Remember this name,

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Speaker 4: By the way, I think he's going places. Chris Proctor

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Speaker 4: is year twelve at my son's school. To be fair,

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Speaker 4: he is a frigging genius. He's top in the year

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Speaker 4: in every subject and he's doing year thirteen subjects. How

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Speaker 4: about that. He'd have brains than most counselors. I'm happy

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Speaker 4: to pay for him. Hither, you are mean how about

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Speaker 4: asking why do we let women vote? Well, Look, shockingly,

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Speaker 4: the reason would be because women pay their rates, whereas

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Speaker 4: people under eighteen don't, so that would be the reason.

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Speaker 4: Headlines next.

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Speaker 1: Hard questions, Strong opinion Heather Duper see Ellen drive with

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Speaker 1: one New Zealand.

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Speaker 12: Let's get connected and news talk as it Bestirline.

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Speaker 4: Very old standing by out of Australia to be with

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Speaker 4: us shortly, very sober. In ten minutes time, and after

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Speaker 4: five o'clock we're going to have a chat to a

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Speaker 4: Northland principle who's actually been on the show a fair

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Speaker 4: a few times, Pat Newman. I've got a lot of

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Speaker 4: time for him. He's going to talk through what he

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Speaker 4: makes of David Seymour's crackdown on true and see today

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Speaker 4: and incidentally also Errecka Stanford's announcement on education, which I'll

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Speaker 4: run you through very shortly. NIEWAH is going to take

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Speaker 4: over the Met Service. Something was coming, something had to

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Speaker 4: be coming, because I don't know if you realize this,

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Speaker 4: but it's the most unbelievably boring story because who can

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Speaker 4: imagine that weather forecasters fight with each other? But yeah,

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Speaker 4: the weather forecasters have been fighting with each other. There's

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Speaker 4: been a long standing feud between NIEWA and Met Service

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Speaker 4: about who gets to prodict what happens with the weather.

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Speaker 4: Well not anymore because Judy's put a stop to this

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Speaker 4: due to Collins. The Science Minister has said the two

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Speaker 4: of them are going to have to join with each

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Speaker 4: other and Niwa's going to take over because Neila got

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Speaker 4: the computer the other day, remember, so it was kind

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Speaker 4: of inevitable they'd be the big daddy in this one.

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Speaker 4: We don't know when it's going to happen, but at

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Speaker 4: least we know it's going to happen twenty four away

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Speaker 4: from five.

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Speaker 1: It's the world wires on news talks. He'd be drive.

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Speaker 4: So starting in the Middle East, where Israel has signaled

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Speaker 4: the possible ground invasion of Lebanon, if.

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Speaker 13: You will go in, destroy the enemy there and decisively

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Speaker 13: destroy their infrastructure, these are the things that will allow

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Speaker 13: us later to return the residence of the North safely.

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Speaker 14: Israel knows that it's expanded operation against Hezbolla raises the

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Speaker 14: risk of more missiles being fired from Lebanon towards Tel Aviv.

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Speaker 14: There's also the possibility of Iran once again launching strikes.

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Speaker 4: Zelenski has been speaking to the UN with concerning reports

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Speaker 4: about Putin's plans.

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Speaker 15: Recently, I received yet another alarming report from our intelligence.

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Speaker 15: Now Putin does seem to be planning attacks on our

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Speaker 15: nuclear power plants and the infrastructure, aiming to disconnect the

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Speaker 15: plants from the power grid.

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Speaker 4: To the US campaign trial where Trump's been in North

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Speaker 4: Carolina attacking Zelensky.

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Speaker 1: Ukraine is gone.

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Speaker 16: It's not Ukraine.

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Speaker 17: You can never replace those cities and towns, and you

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Speaker 17: can never replace the dead people, so many dead people.

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Speaker 17: Any deal, even the worst deal, would have been better

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Speaker 17: than it would have been much better. They would have

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Speaker 17: given up a little bit and everybody would be living,

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Speaker 17: and every bill thing would be built.

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Speaker 16: Then every tower would.

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Speaker 4: Be aging, because that's what we want our towers to do.

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Speaker 4: And then he city wants to blow up run.

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Speaker 16: But we're the president. I would inform the threatening country

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Speaker 16: in this case Iran, that if you do anything to

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Speaker 16: harm to this person, we are going to blow your

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Speaker 16: largest cities and the country itself to smithereens.

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Speaker 1: We're going to blow it to smithereins.

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Speaker 4: You can't do that, and finally, you can't. We now

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Speaker 4: know what Katie Pierry is going to get paid when

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Speaker 4: she does the Old AFL Grand Final this weekend, and

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Speaker 4: it is a cool five million Aussie dollars as about

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Speaker 4: five point five New Zealand. She's only going to do

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Speaker 4: five songs, so that's a million bucks a song, and

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Speaker 4: she's only going to play one new song and the

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Speaker 4: rest will be bangers, which, frankly, for that kind of money,

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Speaker 4: should be zero new songs and five bangers.

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Speaker 2: International correspondence with Ends and Eye Insurance Peace of Mind

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Speaker 2: for New Zealand Business Murray Olds.

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Speaker 4: I was just correspondent with us MARS.

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Speaker 3: I feel a bit sick. I paid her out on Tuesday. Now.

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Speaker 4: Well, I mean, you know, like, I feel like the

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Speaker 4: AFL guys have actually done a bat They're obviously not

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Speaker 4: very good at negotiations because if you're paying that kind

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Speaker 4: of money, you get to say five bangers, don't you, mate?

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Speaker 18: I would have got crowded house much more relevant to Australia.

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Speaker 4: Do you reckon AFL fans like Katie Perry, Well, look and.

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Speaker 3: Most of them I'd be bogans like me. They wouldn't.

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Speaker 3: They would never have heard of her.

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Speaker 4: Nah, So you probably want like nickel Back or something

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Speaker 4: like that, don't you Nickelback?

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Speaker 3: I don't know them either, or muzz Come on may.

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Speaker 18: No mate, no, no, no, honestly, give me Charlie Musselwide

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Speaker 18: or taj Mahal.

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Speaker 4: Okay, yeah, you're your old school bogan, so I'm going

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Speaker 4: to give you that. Now listen, what is going on

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Speaker 4: which is also cool. What's going on with the Labor

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Speaker 4: policy on investment properties. What's going on here?

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Speaker 18: This is a policy bit like Harry Potter and the

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Speaker 18: person who must never have his name used, which is Voldemort.

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Speaker 18: This negative gearing. It's a policy. It's been around for

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Speaker 18: about thirty years. Basically, if you have an investment property,

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Speaker 18: and a fair number of Australians do, if you pay

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Speaker 18: more and outgoing so they put a new kitchen in

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Speaker 18: or do up the bathroom where you're paying strata fees,

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Speaker 18: repairs rates and so on, you can claim that as

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Speaker 18: a big tax deduction, massive tax breaks for negative geared

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Speaker 18: properties if you spend more on the property than you

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Speaker 18: make and rent. Okay, So that's and also there's a

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Speaker 18: special capital gains tax component that applies to investment properties.

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Speaker 18: So the last two elections Labor a bigger partner the

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Speaker 18: elections twenty sixteen twenty nineteen, Labor went to the election

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Speaker 18: saying we're going to reform.

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Speaker 3: This area of tax and they got creamed.

439
00:20:44,920 --> 00:20:49,200
Speaker 18: So, you know, very tentatively, because we've got a house

440
00:20:49,240 --> 00:20:53,359
Speaker 18: and crisis year, interest rates staying high. Labor has suggested,

441
00:20:53,440 --> 00:20:57,160
Speaker 18: ever so slightly that maybe reform to negative gearing would

442
00:20:57,160 --> 00:20:58,080
Speaker 18: be the way to go.

443
00:20:59,320 --> 00:21:01,920
Speaker 3: Sentiments dramatically turned against.

444
00:21:01,680 --> 00:21:06,160
Speaker 18: Old boomers like you know, like me, like other MPs

445
00:21:06,240 --> 00:21:08,439
Speaker 18: in the in the country, many of whom I mean

446
00:21:08,480 --> 00:21:11,520
Speaker 18: Peter Dutton's got about six or seven investment properties. He's

447
00:21:11,560 --> 00:21:14,760
Speaker 18: a multi multimillionaire, and young people are saying, listen to you,

448
00:21:14,840 --> 00:21:17,280
Speaker 18: old fogies and suits, we want a chance to get

449
00:21:17,280 --> 00:21:22,120
Speaker 18: into the housing market. So Albanize's running a million miles

450
00:21:22,119 --> 00:21:25,080
Speaker 18: an hour away from this suggestion. He said, oh, look,

451
00:21:25,080 --> 00:21:28,120
Speaker 18: I didn't I haven't asked for any of this word

452
00:21:28,160 --> 00:21:31,000
Speaker 18: to be done. It's being done by Treasury, Okay. So

453
00:21:31,000 --> 00:21:33,320
Speaker 18: he's trying to put distance out there. But at the

454
00:21:33,320 --> 00:21:35,840
Speaker 18: same time he's trying to whistle to the young people

455
00:21:35,880 --> 00:21:37,320
Speaker 18: who are trying to get in the housing market. We

456
00:21:37,400 --> 00:21:39,919
Speaker 18: hear your complaints, and maybe you're going to see a

457
00:21:39,920 --> 00:21:42,480
Speaker 18: policy that's going to allow those tax breaks. And they're

458
00:21:42,480 --> 00:21:45,080
Speaker 18: worth hundreds and hundreds of millions of dollars every year.

459
00:21:46,160 --> 00:21:49,800
Speaker 18: Maybe one property not ten or fifteen like some people own.

460
00:21:50,320 --> 00:21:52,240
Speaker 3: Okay, so it's very difficult.

461
00:21:52,480 --> 00:21:54,720
Speaker 4: You'll see how it goes down. Hey, you guys sending

462
00:21:54,720 --> 00:21:57,240
Speaker 4: the or federal government sending any MPs over to Israel

463
00:21:57,240 --> 00:21:59,120
Speaker 4: for the October seven Commitmenty, yes, yes.

464
00:21:58,920 --> 00:22:01,000
Speaker 3: The Attorney General is going Mark Dreyfus.

465
00:22:01,119 --> 00:22:04,520
Speaker 18: He is the most senior Jewish MP in the Federal government,

466
00:22:04,680 --> 00:22:08,400
Speaker 18: very yet bright fellow, and he's going to represent Australia

467
00:22:08,440 --> 00:22:12,000
Speaker 18: in Israel or October seventh, of course, one year since

468
00:22:12,040 --> 00:22:17,560
Speaker 18: that dreadful, horrible Hamas attack on Israeli citizens. The visit conditional, obviously,

469
00:22:17,640 --> 00:22:20,840
Speaker 18: Heather on whether it's safe given the ongoing Garza conflict

470
00:22:20,840 --> 00:22:25,280
Speaker 18: now attacks in Lebanon by Israel, and Hezbolla also going

471
00:22:25,960 --> 00:22:26,800
Speaker 18: with Mark Dravis.

472
00:22:26,800 --> 00:22:29,440
Speaker 3: He was asked to go by Albanizi. The ex Prime.

473
00:22:29,240 --> 00:22:31,960
Speaker 18: Minister Scott Morrison is also going to be there, both

474
00:22:32,000 --> 00:22:35,960
Speaker 18: he and Dravis, apparently giving speeches at Accounter Terrorism Summit.

475
00:22:36,320 --> 00:22:37,080
Speaker 3: Here in Australia.

476
00:22:37,160 --> 00:22:40,240
Speaker 18: The Jewish community has got major events planned for October seven,

477
00:22:40,680 --> 00:22:44,320
Speaker 18: plus a candle that vigil across the country the night before.

478
00:22:44,480 --> 00:22:48,320
Speaker 18: But the's anger because there's these morons anti Israel protesters

479
00:22:48,320 --> 00:22:52,680
Speaker 18: over here are also planning pro Palestinian rallies to mark

480
00:22:52,720 --> 00:22:56,880
Speaker 18: the anniversary, which is obviously not not very well received

481
00:22:56,880 --> 00:22:57,359
Speaker 18: over here.

482
00:22:57,440 --> 00:22:59,600
Speaker 4: No, I can imagine. Now, what do you make of

483
00:22:59,720 --> 00:23:03,760
Speaker 4: this defacing of the Indian born woman? You know that

484
00:23:04,680 --> 00:23:06,159
Speaker 4: placards and stuff in Melbourne.

485
00:23:06,600 --> 00:23:10,320
Speaker 18: Yeah, here's a woman who came to Australia from India

486
00:23:10,359 --> 00:23:13,200
Speaker 18: as a four year old. She's now nearly fifty. She's

487
00:23:13,240 --> 00:23:15,440
Speaker 18: been here all of bloody life. I mean, hello, she's

488
00:23:15,440 --> 00:23:18,840
Speaker 18: an Australian. New morons and people with IQs about their

489
00:23:18,840 --> 00:23:23,359
Speaker 18: shoe size because she is standing for local government in

490
00:23:23,400 --> 00:23:27,960
Speaker 18: an area called Casey in western Melbourne. Here's a fact

491
00:23:28,080 --> 00:23:30,560
Speaker 18: for the idiot who defaced the posters, go back home

492
00:23:30,560 --> 00:23:33,960
Speaker 18: to where you came from Australia. For Australians, I mean,

493
00:23:34,000 --> 00:23:36,680
Speaker 18: this is the sort of level of debate in Casey.

494
00:23:36,960 --> 00:23:39,520
Speaker 18: Almost fifty percent of the people who live in Casey

495
00:23:39,760 --> 00:23:40,920
Speaker 18: were born overseas.

496
00:23:41,440 --> 00:23:43,160
Speaker 3: So this lovely.

497
00:23:42,880 --> 00:23:47,040
Speaker 18: Young woman apparently you know, Jamal Kahan Singh is her name,

498
00:23:47,840 --> 00:23:51,000
Speaker 18: and very dignified, she says, listen, I don't know who

499
00:23:51,040 --> 00:23:53,960
Speaker 18: did this. I don't get much care, but here's the thing, moron,

500
00:23:54,400 --> 00:23:55,720
Speaker 18: I am modern Australia.

501
00:23:55,960 --> 00:23:58,000
Speaker 3: I am contemporary Australia.

502
00:23:58,640 --> 00:24:00,520
Speaker 18: I was born overseas, but here I am making a

503
00:24:00,600 --> 00:24:03,720
Speaker 18: contribution to my community, as are so many other Aussies

504
00:24:04,080 --> 00:24:07,240
Speaker 18: and people like this, you know, defacing her electoral posters

505
00:24:07,840 --> 00:24:09,680
Speaker 18: honest to gre I mean, what would you do with them?

506
00:24:09,680 --> 00:24:11,359
Speaker 3: You just give them a belt and the bum. Wouldn't

507
00:24:11,400 --> 00:24:14,199
Speaker 3: you just say what morods would do that?

508
00:24:14,680 --> 00:24:14,920
Speaker 19: Yeah?

509
00:24:15,000 --> 00:24:17,560
Speaker 4: No, it's hard to explain in it is out now racism.

510
00:24:17,680 --> 00:24:20,119
Speaker 4: Judging by what's written on the billboards, mus listen, thank you,

511
00:24:20,160 --> 00:24:23,719
Speaker 4: I always really appreciated. That's Murray Olds, our Australia correspondent.

512
00:24:24,960 --> 00:24:28,000
Speaker 4: Of all of the education announcements today, I suspect that

513
00:24:28,040 --> 00:24:30,000
Speaker 4: this is one that's going to make the teachers even

514
00:24:30,000 --> 00:24:32,639
Speaker 4: more angry than the others and teaching unions. I should

515
00:24:32,640 --> 00:24:34,159
Speaker 4: be quite clear about that, because you can't speak on

516
00:24:34,200 --> 00:24:37,320
Speaker 4: behalf of all teachers. But the Education Minister, Erica Stanford,

517
00:24:37,320 --> 00:24:39,360
Speaker 4: has has announced that she is going to cut the

518
00:24:39,359 --> 00:24:43,080
Speaker 4: funding that has been set aside to teach teach teachers

519
00:24:43,119 --> 00:24:45,720
Speaker 4: how to speak toell and she's going to redivert that

520
00:24:45,800 --> 00:24:49,760
Speaker 4: funding to spend on maths resources. Now, that is going

521
00:24:49,800 --> 00:24:52,800
Speaker 4: to get people's backs up if you are feeling that

522
00:24:52,840 --> 00:24:55,080
Speaker 4: you're getting your back up, let me ask you this

523
00:24:55,200 --> 00:24:57,800
Speaker 4: question and just just have a think about this and

524
00:24:58,000 --> 00:25:00,800
Speaker 4: it might it might maybe make you decide whether you

525
00:25:00,840 --> 00:25:02,560
Speaker 4: want to get your back up about this or not.

526
00:25:03,119 --> 00:25:06,960
Speaker 4: Absolutely toil Mary is important and a second language is important.

527
00:25:07,000 --> 00:25:12,520
Speaker 4: But is a second language more important than mathematics? Very so?

528
00:25:12,680 --> 00:25:13,760
Speaker 4: As next quarter two.

529
00:25:14,760 --> 00:25:18,920
Speaker 1: Politics with centrics credit, check your customers and get payments certainty.

530
00:25:19,040 --> 00:25:24,080
Speaker 4: Very political corrosors together jump the gun. So what's the

531
00:25:24,080 --> 00:25:24,640
Speaker 4: Marti Party?

532
00:25:24,640 --> 00:25:26,679
Speaker 20: You had to say, well, you know, this is a

533
00:25:26,720 --> 00:25:30,960
Speaker 20: party that would said it would like harmonious race relations

534
00:25:30,960 --> 00:25:34,000
Speaker 20: in this country. And they put out what really is

535
00:25:34,080 --> 00:25:38,520
Speaker 20: an inflammatory statement under the name of rivalry way to

536
00:25:38,600 --> 00:25:42,119
Speaker 20: te the co leader of the party. It talks about

537
00:25:42,160 --> 00:25:47,720
Speaker 20: a new wave of colonization and the attacks on Maldi

538
00:25:47,800 --> 00:25:51,120
Speaker 20: and they list a number of things like throwing out

539
00:25:51,119 --> 00:25:55,720
Speaker 20: the smoke free targets, which they say sentenced more Maldi

540
00:25:55,840 --> 00:25:58,440
Speaker 20: to premature death. There was one answer to that, give

541
00:25:58,520 --> 00:26:02,960
Speaker 20: up smoking like many of us have done, aside stepping

542
00:26:03,000 --> 00:26:07,320
Speaker 20: the treaty with the fast track legislation that are rung

543
00:26:07,359 --> 00:26:11,720
Speaker 20: a tamariki changes. There they say they're stealing our Makapuna

544
00:26:12,520 --> 00:26:18,240
Speaker 20: extracting oil and gas. They say restoring three strikes. Well,

545
00:26:18,720 --> 00:26:22,439
Speaker 20: don't be bad boys building mega prison again, don't be

546
00:26:22,520 --> 00:26:27,400
Speaker 20: bad boys resurrecting boot camps again. Stop you know, play

547
00:26:27,560 --> 00:26:32,120
Speaker 20: play the rules in the country. So they've basically set

548
00:26:32,160 --> 00:26:35,359
Speaker 20: the scene for what went on in Parliament this afternoon,

549
00:26:35,800 --> 00:26:40,280
Speaker 20: and that was outside inside Parliament in the debating chamber. Now,

550
00:26:40,280 --> 00:26:43,480
Speaker 20: I've talked a lot about standards in the debating chamber

551
00:26:43,520 --> 00:26:46,359
Speaker 20: and we saw one of their Maldi MPs now before

552
00:26:46,400 --> 00:26:52,280
Speaker 20: the Privileges Committee, Takatu Ferris, who basically told lies in

553
00:26:52,359 --> 00:26:57,080
Speaker 20: the debating chamber. Now we've got another one not telling lies.

554
00:26:57,119 --> 00:27:03,400
Speaker 20: But Maria Meno Kapa King. She's the t Taitokora MP

555
00:27:03,920 --> 00:27:06,680
Speaker 20: and she beat Calvin Davis. This party has really made

556
00:27:06,680 --> 00:27:09,160
Speaker 20: a big comeback in the last election when you consider

557
00:27:09,880 --> 00:27:13,560
Speaker 20: the South Harland electorate, the Nau who are people? And

558
00:27:14,160 --> 00:27:19,440
Speaker 20: now this one in Te Taitokoro, Well, Kapakini, perhaps someone

559
00:27:19,480 --> 00:27:22,879
Speaker 20: should have told her how to ask an acceptable question

560
00:27:23,000 --> 00:27:23,720
Speaker 20: in parliament?

561
00:27:24,200 --> 00:27:26,919
Speaker 21: Does he agree that the actions of this government, of

562
00:27:26,960 --> 00:27:32,600
Speaker 21: his government constitute ethnicide, the deliberate and systematic whole health

563
00:27:32,760 --> 00:27:37,199
Speaker 21: just Paywa thirty systematic destruction of the culture of an

564
00:27:37,240 --> 00:27:37,920
Speaker 21: ethnic group.

565
00:27:38,320 --> 00:27:40,639
Speaker 22: It's outside the bounds of what would be reasonable inside

566
00:27:40,680 --> 00:27:43,720
Speaker 22: the house. There are other ways of asking a question.

567
00:27:44,080 --> 00:27:48,600
Speaker 21: Does he agree that the actions of this government constitute deculturation,

568
00:27:49,359 --> 00:27:54,800
Speaker 21: the deliberate and systemic, systematic destruction of culture, Magi culture.

569
00:27:56,480 --> 00:27:59,080
Speaker 22: That's not an order either. I'm inviting no member to

570
00:27:59,160 --> 00:28:01,640
Speaker 22: ask you a question in a different way, and I'm

571
00:28:01,680 --> 00:28:02,440
Speaker 22: sure you did that.

572
00:28:02,840 --> 00:28:06,560
Speaker 21: Does he agree that the actions of this government constitute

573
00:28:07,720 --> 00:28:14,240
Speaker 21: harm and poverty and such things that impact on mady?

574
00:28:15,280 --> 00:28:20,399
Speaker 20: Yeah, So the question was to a government minister. But

575
00:28:21,040 --> 00:28:24,159
Speaker 20: you know they said, well, they are doing their best

576
00:28:24,480 --> 00:28:28,000
Speaker 20: to appease Moldy in many ways, not just what has

577
00:28:28,040 --> 00:28:33,440
Speaker 20: been listed in the Statements of grievance by waited.

578
00:28:33,160 --> 00:28:35,840
Speaker 4: Tim Okay hate this UAE deal, big deal.

579
00:28:36,320 --> 00:28:38,640
Speaker 20: Well, you know, I initially thought it was the Gulf

580
00:28:38,680 --> 00:28:42,000
Speaker 20: States deal. Well, I remember, you know, traveling through with

581
00:28:42,120 --> 00:28:46,880
Speaker 20: John Key and going to places like Saudi Arabia and

582
00:28:46,920 --> 00:28:50,400
Speaker 20: the United Arab Emirates, and I remember at the end

583
00:28:50,480 --> 00:28:53,880
Speaker 20: of that them saying, well, a trade deal is virtually written.

584
00:28:53,960 --> 00:28:57,280
Speaker 20: All has to happen now is for the ink to

585
00:28:57,360 --> 00:29:00,840
Speaker 20: dry and the paper and for the translation from Arabic

586
00:29:00,880 --> 00:29:03,960
Speaker 20: to English, and we all thought this is fantastic because

587
00:29:04,240 --> 00:29:07,920
Speaker 20: if it was with the Golf States, it's enormous. This

588
00:29:08,000 --> 00:29:12,200
Speaker 20: is with the United Arab Emirates as a population of

589
00:29:12,280 --> 00:29:15,840
Speaker 20: around nine million people. It's good and nobody can deny that.

590
00:29:15,920 --> 00:29:18,640
Speaker 20: And they've done it in super quick time. But all

591
00:29:18,680 --> 00:29:23,160
Speaker 20: the groundwork was laid probably ten years ago when they

592
00:29:23,200 --> 00:29:26,240
Speaker 20: were negotiating with the Golf States, and that's the big

593
00:29:26,360 --> 00:29:29,080
Speaker 20: that's the big apple that we're after. This one is

594
00:29:29,200 --> 00:29:33,320
Speaker 20: really quite small beer. Nevertheless, it's good because at least

595
00:29:33,360 --> 00:29:36,040
Speaker 20: we've got a foothold in the Golf region and I

596
00:29:36,080 --> 00:29:39,760
Speaker 20: think that's probably very important. Even Labor in Parliament this

597
00:29:39,840 --> 00:29:43,280
Speaker 20: afternoon agreed that it was done in super quick time

598
00:29:43,520 --> 00:29:44,480
Speaker 20: and it was a good effort.

599
00:29:44,640 --> 00:29:46,760
Speaker 4: Yeah, and it will by the sounds of things, it's

600
00:29:46,800 --> 00:29:48,440
Speaker 4: actually warming the GCC up.

601
00:29:48,720 --> 00:29:50,960
Speaker 20: Well that's the whole point, isn't it. Once they look

602
00:29:50,960 --> 00:29:54,840
Speaker 20: at that. But look believe it. Saudi Arabia is a

603
00:29:54,880 --> 00:29:58,600
Speaker 20: really difficult customer. And you'll remember the live sheep deal

604
00:29:58,760 --> 00:30:02,040
Speaker 20: and the farm and Saudi Arabia inside all that sort.

605
00:30:01,920 --> 00:30:03,560
Speaker 3: Of stuff that saw everything for you.

606
00:30:03,960 --> 00:30:06,240
Speaker 4: All about that Saudi sheet farm deal. Okay, Barry, thanks

607
00:30:06,320 --> 00:30:08,920
Speaker 4: very much. Barry so Per, senior political correspondent eight away

608
00:30:08,920 --> 00:30:11,160
Speaker 4: from five putting.

609
00:30:10,840 --> 00:30:13,920
Speaker 2: The tough questions to the news speakers, the mic asking

610
00:30:13,960 --> 00:30:14,880
Speaker 2: Breakfast we got.

611
00:30:14,800 --> 00:30:15,760
Speaker 3: The report into the pylon.

612
00:30:15,800 --> 00:30:18,320
Speaker 23: Debarcle lays the blame at the feet of Transpower Transpowers

613
00:30:18,360 --> 00:30:21,400
Speaker 23: Executive General Manager of grit Delivery Mark ryle Is Witherspool.

614
00:30:21,480 --> 00:30:23,720
Speaker 23: Where are we at with compensation for the Northland region?

615
00:30:23,760 --> 00:30:24,120
Speaker 10: Festill?

616
00:30:24,200 --> 00:30:26,680
Speaker 7: It's impossible to guarantee supply one hundred percent of the.

617
00:30:26,600 --> 00:30:29,360
Speaker 19: Time, but not all caught on me here.

618
00:30:29,280 --> 00:30:31,720
Speaker 10: Yes, I agree, and the value that electricity air is

619
00:30:31,800 --> 00:30:34,560
Speaker 10: hugely higher than what we need to charge, so there's

620
00:30:34,600 --> 00:30:37,160
Speaker 10: no you can a little to provide the compensation.

621
00:30:37,080 --> 00:30:37,480
Speaker 1: I'd like to.

622
00:30:38,760 --> 00:30:39,400
Speaker 3: Now you're dodging me.

623
00:30:39,520 --> 00:30:41,800
Speaker 23: If you've got insurance and you cocked it up, you

624
00:30:41,880 --> 00:30:43,760
Speaker 23: got to put it right because it's the putting right

625
00:30:43,840 --> 00:30:44,360
Speaker 23: that counts.

626
00:30:44,920 --> 00:30:47,720
Speaker 7: We are looking to particularity into the community and we

627
00:30:47,720 --> 00:30:50,360
Speaker 7: don't have an ability within our framework to pay compensation.

628
00:30:50,840 --> 00:30:53,600
Speaker 23: Back tomorrow at six am, the mic asking Breakfast with

629
00:30:53,680 --> 00:30:55,880
Speaker 23: the Jaguar f page used talk zb.

630
00:30:56,320 --> 00:30:58,120
Speaker 4: Here the last week out of the blue, my daughter's

631
00:30:58,160 --> 00:31:00,400
Speaker 4: school had a marking day, so she was home and

632
00:31:00,400 --> 00:31:03,120
Speaker 4: that affected me working here. What even as a marking day?

633
00:31:03,360 --> 00:31:07,440
Speaker 4: What's a marking day? It feels like something then, Ana,

634
00:31:08,080 --> 00:31:09,920
Speaker 4: it feels like paperworker should be doing in spare time.

635
00:31:09,960 --> 00:31:12,480
Speaker 4: I don't know, I don't know. They already do have

636
00:31:12,600 --> 00:31:14,680
Speaker 4: quite adequate maths at school here that this is just

637
00:31:14,760 --> 00:31:16,840
Speaker 4: ridiculous taking the money away from today or thank you

638
00:31:16,920 --> 00:31:18,720
Speaker 4: Lynn Lna. I would say that you are wrong on that.

639
00:31:18,760 --> 00:31:21,120
Speaker 4: We obviously do not have adequate maths at school, given

640
00:31:21,240 --> 00:31:23,120
Speaker 4: the fact that fifty four percent of our kids in

641
00:31:23,160 --> 00:31:26,240
Speaker 4: the most recent exams failed maths. Let me just repeat

642
00:31:26,240 --> 00:31:30,440
Speaker 4: that for you, fifty four percent failed maths. We do

643
00:31:30,520 --> 00:31:32,880
Speaker 4: not do maths adequately. We need to put more resources

644
00:31:32,880 --> 00:31:34,440
Speaker 4: into maths. The question is where do you get it

645
00:31:34,440 --> 00:31:37,280
Speaker 4: from hither. I'm a secondary maths teucher, a teacher, and

646
00:31:37,400 --> 00:31:40,640
Speaker 4: I'm Maori. I Loveterdeo, but I support Erica Stanford cutting

647
00:31:40,680 --> 00:31:42,600
Speaker 4: funding to TEDEO or for teachers. There are plenty of

648
00:31:42,600 --> 00:31:46,040
Speaker 4: free courses around. That's from Joe Listen. It is I

649
00:31:46,080 --> 00:31:48,240
Speaker 4: can understand that people get upset about it. I get upset.

650
00:31:48,360 --> 00:31:51,520
Speaker 4: I get upset about this. I am so frustrated that

651
00:31:51,520 --> 00:31:54,560
Speaker 4: we're so monolingual in this country. I really am like,

652
00:31:54,640 --> 00:31:58,160
Speaker 4: it is so debilitating for our kids that they literally

653
00:31:58,160 --> 00:32:00,760
Speaker 4: can only speak one language in it English and this

654
00:32:00,840 --> 00:32:03,000
Speaker 4: is this is kids born in New Zealand, right. Migrant

655
00:32:03,040 --> 00:32:05,600
Speaker 4: kids don't have that problem. Migrant kids are coming here

656
00:32:05,680 --> 00:32:08,040
Speaker 4: with multiple languages and they're super smart as a result

657
00:32:08,040 --> 00:32:12,080
Speaker 4: of it. And it frustrates me endlessly. But but if

658
00:32:12,080 --> 00:32:14,600
Speaker 4: you have to pick between a language, a second language

659
00:32:14,600 --> 00:32:16,320
Speaker 4: for your child or maths, you've got to go for math's.

660
00:32:16,360 --> 00:32:18,120
Speaker 4: Maths is the one that's going to land them another job.

661
00:32:18,120 --> 00:32:19,880
Speaker 4: And you know, it's hard to it's hard to imagine

662
00:32:19,880 --> 00:32:24,360
Speaker 4: that learning Maori proficiently is going to have quite the

663
00:32:24,360 --> 00:32:27,280
Speaker 4: same impact on their lives unfortunately. Anyway, we'll talk to

664
00:32:27,280 --> 00:32:29,440
Speaker 4: Pat Newman about that after five o'clock, and then Chris

665
00:32:29,480 --> 00:32:32,080
Speaker 4: Bishop on what's going on with the Dunedin Hotel Hospital

666
00:32:32,160 --> 00:32:35,960
Speaker 4: Geez Hotel. The day you think it's a hotel stay

667
00:32:35,960 --> 00:32:37,760
Speaker 4: at the hospital is a day that you're really quite

668
00:32:37,800 --> 00:32:41,080
Speaker 4: do landly, isn't it. And then after that Buck Shelford

669
00:32:41,720 --> 00:32:43,280
Speaker 4: is going to be with us to tell us what

670
00:32:43,440 --> 00:32:46,400
Speaker 4: he makes of the old switcheroony body in for DMAC

671
00:32:46,480 --> 00:32:49,480
Speaker 4: and TJ. In mm hmm, get us take on it.

672
00:32:49,520 --> 00:32:50,240
Speaker 4: Newstalks b.

673
00:33:04,200 --> 00:33:07,400
Speaker 2: The only drive show you can trust to ask the questions,

674
00:33:07,520 --> 00:33:11,080
Speaker 2: get the answers by the facts and give the analysis.

675
00:33:11,320 --> 00:33:14,440
Speaker 2: Heather due to see Alan Drive with One New Zealand

676
00:33:14,600 --> 00:33:16,600
Speaker 2: let's get connected and news talk as.

677
00:33:16,520 --> 00:33:16,920
Speaker 3: They'd be.

678
00:33:19,080 --> 00:33:22,440
Speaker 4: Good afternoon. A big crackdown today on truancy. Teacher only

679
00:33:22,520 --> 00:33:25,560
Speaker 4: days will no longer be allowed during term time and

680
00:33:25,680 --> 00:33:28,520
Speaker 4: parents will be prosecuted for continued absence of their kids.

681
00:33:28,520 --> 00:33:30,760
Speaker 4: Pat Newman is the spokesperson for that. I talk at

682
00:33:30,760 --> 00:33:33,960
Speaker 4: our Principles Association apat HI.

683
00:33:34,120 --> 00:33:35,080
Speaker 1: How are you good?

684
00:33:35,120 --> 00:33:35,400
Speaker 8: Thank you?

685
00:33:35,400 --> 00:33:36,600
Speaker 4: This is a good move, right.

686
00:33:38,520 --> 00:33:39,120
Speaker 3: Oh brilliant.

687
00:33:39,120 --> 00:33:41,040
Speaker 24: If you want to put something and it doesn't work

688
00:33:41,080 --> 00:33:42,800
Speaker 24: but sounds good politically.

689
00:33:42,760 --> 00:33:44,000
Speaker 4: What do you think is not going to work?

690
00:33:45,560 --> 00:33:49,440
Speaker 24: The whole concept that finding people is going to get

691
00:33:49,520 --> 00:33:53,520
Speaker 24: kids into schools? I mean, the cold hard reality is

692
00:33:54,080 --> 00:33:57,760
Speaker 24: that it's been tried, it's been on the box, it

693
00:33:57,840 --> 00:34:01,760
Speaker 24: hasn't worked. That's why it's not used. And by apping

694
00:34:01,760 --> 00:34:04,120
Speaker 24: the penalty, that's not really going to work a heck

695
00:34:04,120 --> 00:34:06,840
Speaker 24: of a lot either, because if you haven't got it,

696
00:34:07,480 --> 00:34:11,680
Speaker 24: you can't pay it, so the fine means nothing, unless,

697
00:34:11,680 --> 00:34:13,759
Speaker 24: of course, he's going to make Nath a prison big

698
00:34:13,880 --> 00:34:17,520
Speaker 24: enough and then put parents in there jal them if

699
00:34:17,520 --> 00:34:20,040
Speaker 24: they don't have their kids at school and they can't

700
00:34:20,080 --> 00:34:21,880
Speaker 24: afford to pay the fine.

701
00:34:22,800 --> 00:34:25,680
Speaker 4: What about the teacher only days only been during term time?

702
00:34:25,719 --> 00:34:26,440
Speaker 4: Are you okay with that?

703
00:34:29,640 --> 00:34:33,799
Speaker 24: Some people are referring to certain gentlemen as being an

704
00:34:33,920 --> 00:34:39,640
Speaker 24: educational megalomaniac. I of course would never say that, but

705
00:34:40,040 --> 00:34:43,760
Speaker 24: some people are because he hasn't got that authority. As indeed,

706
00:34:43,800 --> 00:34:48,240
Speaker 24: the authority, the authority the minister has is to say

707
00:34:48,360 --> 00:34:51,040
Speaker 24: you don't have to do your two hundred days, which

708
00:34:51,080 --> 00:34:53,960
Speaker 24: is the primary school one, that you can have a

709
00:34:54,000 --> 00:34:57,120
Speaker 24: teacher any day. He can say that all right. However,

710
00:34:57,360 --> 00:34:59,800
Speaker 24: if a school starts at a different time or anything

711
00:34:59,840 --> 00:35:03,200
Speaker 24: like that, we have days up our sleeve. We can

712
00:35:03,280 --> 00:35:06,040
Speaker 24: take those whenever we want to, and he has not

713
00:35:06,200 --> 00:35:08,240
Speaker 24: the authority to say no to that.

714
00:35:09,160 --> 00:35:10,680
Speaker 4: Are you talking about the fact that you have a

715
00:35:10,719 --> 00:35:12,840
Speaker 4: flexible start time and let's say at the start of

716
00:35:12,840 --> 00:35:14,839
Speaker 4: the year or whatever, and you might use those days

717
00:35:14,840 --> 00:35:15,839
Speaker 4: as teacher only days.

718
00:35:15,960 --> 00:35:19,000
Speaker 24: Yeah, well, we might do stuff and have kids back

719
00:35:19,080 --> 00:35:21,960
Speaker 24: for a trip in the holidays, or we could spend

720
00:35:22,120 --> 00:35:24,800
Speaker 24: a special course in the holidays and do five hours

721
00:35:24,800 --> 00:35:28,000
Speaker 24: a day on mathematics, and that would in the holiday

722
00:35:28,120 --> 00:35:30,680
Speaker 24: what was some term holiday time, and that would classify

723
00:35:30,719 --> 00:35:31,680
Speaker 24: us as school being open.

724
00:35:32,120 --> 00:35:35,000
Speaker 4: So how it's been explained to me is that the

725
00:35:36,120 --> 00:35:39,080
Speaker 4: Act actually says that these teacher only days actually should

726
00:35:39,120 --> 00:35:41,759
Speaker 4: be taken during the break time, and if they're going

727
00:35:41,760 --> 00:35:43,960
Speaker 4: to be taken during the term time, it is with

728
00:35:44,360 --> 00:35:46,640
Speaker 4: the sign off of the Ministry of Education. Is that correct?

729
00:35:46,840 --> 00:35:53,160
Speaker 24: Yes, that is education. That is sorry, that is correct,

730
00:35:53,360 --> 00:35:55,440
Speaker 24: And I'm not arguing that. What I am arguing is

731
00:35:55,480 --> 00:35:57,640
Speaker 24: that we are only required by law to be open

732
00:35:57,680 --> 00:36:01,400
Speaker 24: for two hundred school days yet, so therefore, if we

733
00:36:01,480 --> 00:36:05,400
Speaker 24: have stuff done in the holidays, then we can actually

734
00:36:05,680 --> 00:36:07,680
Speaker 24: not do the two hundred or we can do extra

735
00:36:07,880 --> 00:36:08,880
Speaker 24: teacher any days.

736
00:36:09,040 --> 00:36:10,719
Speaker 4: Yeah, yeah, I see what you're saying. You've got power

737
00:36:10,760 --> 00:36:13,759
Speaker 4: of your own. What do you make of taking the

738
00:36:13,800 --> 00:36:16,520
Speaker 4: money out of the teacher training for Terrell and putting

739
00:36:16,560 --> 00:36:17,200
Speaker 4: it into maths.

740
00:36:20,560 --> 00:36:24,279
Speaker 24: Of all of the things that this government is intending

741
00:36:24,360 --> 00:36:29,359
Speaker 24: to do, this is probably the most appalling and deplorable

742
00:36:29,400 --> 00:36:32,680
Speaker 24: actions I have ever heard and ever come out. And

743
00:36:32,760 --> 00:36:35,880
Speaker 24: I never thought i'd hear at the New Zealand and

744
00:36:35,920 --> 00:36:41,040
Speaker 24: I've got to think about other countries like the Inuits

745
00:36:41,080 --> 00:36:45,080
Speaker 24: in Canada, where the same sort of stuff has been done.

746
00:36:45,960 --> 00:36:51,360
Speaker 24: I look here as appalling. I don't know whether the

747
00:36:51,480 --> 00:36:54,279
Speaker 24: Minister Seemore thinks at all that the teacher has to

748
00:36:54,280 --> 00:36:57,239
Speaker 24: do is to be able to pronounce the child's name

749
00:36:57,280 --> 00:37:01,120
Speaker 24: correctly and that's all that matters. Every bit of research,

750
00:37:01,360 --> 00:37:04,200
Speaker 24: every bit of educational knowledge that I have, and I

751
00:37:04,239 --> 00:37:06,520
Speaker 24: think it might be a bit more than mister Seymour's,

752
00:37:06,880 --> 00:37:10,440
Speaker 24: and even the current ministers says that what they have

753
00:37:10,600 --> 00:37:14,319
Speaker 24: done is educationally and morally.

754
00:37:14,160 --> 00:37:18,200
Speaker 4: Role Pat, thank you for your time. Pat Newman spokesperson

755
00:37:18,239 --> 00:37:20,640
Speaker 4: put that I talk at our Principles Association.

756
00:37:20,280 --> 00:37:22,520
Speaker 1: Heather Duper See Ellen, that's your drawing.

757
00:37:22,239 --> 00:37:24,520
Speaker 4: Board for the new de Needin Hospital. Governments Commission to

758
00:37:24,520 --> 00:37:26,960
Speaker 4: report that's found that the plans cannot be delivered for

759
00:37:27,000 --> 00:37:29,880
Speaker 4: the one point eight eight billion dollar there is budgeted

760
00:37:30,239 --> 00:37:32,719
Speaker 4: more realistic price tag where around three billion bucks in

761
00:37:32,760 --> 00:37:35,560
Speaker 4: the government says that is completely unaffordable. The Infrastructure Minister

762
00:37:35,600 --> 00:37:38,040
Speaker 4: is Chris Bishop ha Bish Hello, okay, so what are

763
00:37:38,080 --> 00:37:39,680
Speaker 4: you planning to do? Are you are you going to

764
00:37:39,760 --> 00:37:41,160
Speaker 4: cut this down? Are you going to make it a

765
00:37:41,160 --> 00:37:42,759
Speaker 4: smaller thing? Or are you just going to build it

766
00:37:42,840 --> 00:37:44,080
Speaker 4: bit by bit by bit.

767
00:37:45,200 --> 00:37:47,279
Speaker 25: We're going to take advice from Health New Zealand on that,

768
00:37:47,480 --> 00:37:51,280
Speaker 25: but what's clear is that we can't deliver a hospital

769
00:37:52,200 --> 00:37:53,759
Speaker 25: at the cost that it's going to come in at.

770
00:37:53,920 --> 00:37:57,000
Speaker 25: We're looking at a three billion dollar bilt. It started

771
00:37:57,040 --> 00:37:59,319
Speaker 25: life as one point two one point four billion back

772
00:37:59,320 --> 00:38:02,799
Speaker 25: in twenty seven. The current project funding is one point

773
00:38:02,840 --> 00:38:05,360
Speaker 25: five to nine billion. We tipped in another two hundred

774
00:38:05,360 --> 00:38:08,160
Speaker 25: and ninety earlier in the year and we've now got

775
00:38:08,160 --> 00:38:10,960
Speaker 25: the latest pricing in from the contractor and it's hundreds

776
00:38:10,960 --> 00:38:12,839
Speaker 25: of millions of dollars over that, and it turns out

777
00:38:12,880 --> 00:38:15,080
Speaker 25: that there's four hundred million bucks that no one even

778
00:38:15,080 --> 00:38:17,520
Speaker 25: thought about, and the last government didn't even do business

779
00:38:17,520 --> 00:38:20,840
Speaker 25: cases for all of those other things that are required.

780
00:38:20,920 --> 00:38:23,840
Speaker 25: So you're looking at the thick end of three billion bucks. Frankly,

781
00:38:24,160 --> 00:38:26,000
Speaker 25: we need to think about the trade offs here. There

782
00:38:26,000 --> 00:38:29,800
Speaker 25: are hospital facilities around the country and Hawk's Bay, Pami Toron,

783
00:38:29,920 --> 00:38:34,000
Speaker 25: Fong Ray Nelson. Those regions need upgrades as well, they

784
00:38:34,040 --> 00:38:36,839
Speaker 25: need maintenance and they need CAPEX going into them. If

785
00:38:36,840 --> 00:38:39,000
Speaker 25: we spend three billion dollars on a hospital for Dunedin,

786
00:38:39,680 --> 00:38:42,440
Speaker 25: it potentially comes at risk of those projects, so we

787
00:38:42,560 --> 00:38:45,200
Speaker 25: do have to try and deliver it for the one

788
00:38:45,239 --> 00:38:47,400
Speaker 25: point eight eight billion we've set that as a cap.

789
00:38:47,760 --> 00:38:49,759
Speaker 25: There's two options on the table. One is that we

790
00:38:49,880 --> 00:38:54,200
Speaker 25: revised the current project within its existing structural envelope that's

791
00:38:54,200 --> 00:38:55,160
Speaker 25: on the new site.

792
00:38:55,600 --> 00:38:56,840
Speaker 8: That could look at reducing the.

793
00:38:56,880 --> 00:38:58,680
Speaker 25: Number of floors, delaying the fit out of some of

794
00:38:58,719 --> 00:39:01,560
Speaker 25: the areas, or identify own some services that could be

795
00:39:01,640 --> 00:39:04,640
Speaker 25: retained on the existing hospital site. Second options, we do

796
00:39:04,719 --> 00:39:08,359
Speaker 25: a stage development on the old hospital site and we've

797
00:39:08,360 --> 00:39:10,759
Speaker 25: asked for advice on that and once we've got some

798
00:39:10,800 --> 00:39:12,600
Speaker 25: clarity on the next steps, we'll make that public.

799
00:39:13,200 --> 00:39:15,479
Speaker 4: What's going on here? Is the contract taking the mickey

800
00:39:15,560 --> 00:39:17,480
Speaker 4: or is this just what it costs to build a hospital.

801
00:39:19,360 --> 00:39:21,960
Speaker 25: Look, the history of this project is a troubled one

802
00:39:22,520 --> 00:39:26,080
Speaker 25: and it goes back to twenty seventeen twenty eighteen. The

803
00:39:26,160 --> 00:39:30,439
Speaker 25: new site, the old Cadbury site has significant issues. So

804
00:39:31,680 --> 00:39:35,080
Speaker 25: there's contaminated ground issues, there's piling difficulties, flood level risk,

805
00:39:35,160 --> 00:39:38,239
Speaker 25: it's surrounded by three state highways, it's got an extremely

806
00:39:38,320 --> 00:39:42,920
Speaker 25: constrained construction site. So since the twenty seventeen business case,

807
00:39:43,040 --> 00:39:45,759
Speaker 25: the original one the cost per square meter to build

808
00:39:45,800 --> 00:39:48,359
Speaker 25: it has gone up by two hundred percent, so it's

809
00:39:48,400 --> 00:39:50,440
Speaker 25: ten thousand bucks a square meter back in twenty seventeen,

810
00:39:50,440 --> 00:39:52,960
Speaker 25: it's now thirty thousand dollars a square meter, and that

811
00:39:53,080 --> 00:39:55,600
Speaker 25: is largely down to the site selection which was done back.

812
00:39:55,440 --> 00:39:58,279
Speaker 8: In twenty eighteen. So look, we are where we are.

813
00:39:58,440 --> 00:39:59,160
Speaker 8: We're just trying to be.

814
00:39:59,160 --> 00:40:01,160
Speaker 25: As upfront and trans parent with the people of Duneda

815
00:40:01,200 --> 00:40:03,360
Speaker 25: and in fact the people of New Zealand about this project.

816
00:40:03,560 --> 00:40:06,480
Speaker 25: It's been troubled for quite some time. We've been shocked

817
00:40:06,520 --> 00:40:09,040
Speaker 25: upon coming to government at just how troubled the project

818
00:40:09,120 --> 00:40:11,480
Speaker 25: is and what we need to do is be as

819
00:40:11,560 --> 00:40:13,680
Speaker 25: upfront and transparent as possible. So Shane Read and I

820
00:40:13,760 --> 00:40:15,520
Speaker 25: went down to Dunedin today. We met with all the

821
00:40:15,560 --> 00:40:17,920
Speaker 25: mayors and the local leadership, we met with the clinical

822
00:40:18,000 --> 00:40:20,200
Speaker 25: leadership there, we met with the hospital team down there.

823
00:40:20,400 --> 00:40:23,080
Speaker 25: We've been as completely transparent as possible. We've released the

824
00:40:23,160 --> 00:40:27,520
Speaker 25: independent report that we have commissioned into the project, and

825
00:40:27,640 --> 00:40:29,720
Speaker 25: the people have to need a need honesty. The projects

826
00:40:29,719 --> 00:40:31,520
Speaker 25: in trouble and it's now our job to get it

827
00:40:31,520 --> 00:40:32,040
Speaker 25: back on track.

828
00:40:32,480 --> 00:40:34,040
Speaker 4: Besh, thank you very much for your time. I appreciate

829
00:40:34,080 --> 00:40:36,320
Speaker 4: it and good luck. That's Chris Bishop, the Infrastructure.

830
00:40:35,800 --> 00:40:38,000
Speaker 1: Minister, Heather du for Sels.

831
00:40:38,200 --> 00:40:42,080
Speaker 4: It sounds like there might be breakthrough with the Israel

832
00:40:42,320 --> 00:40:45,040
Speaker 4: Lebanon situation and maybe a cease fire deal coming. Senior

833
00:40:45,160 --> 00:40:47,359
Speaker 4: US officials have said they expect a cease fire deal

834
00:40:47,400 --> 00:40:51,400
Speaker 4: to be implemented in the coming hours along the Israel

835
00:40:51,480 --> 00:40:54,759
Speaker 4: Lebanon border. This is very very clearly only about that

836
00:40:54,840 --> 00:40:57,719
Speaker 4: northern Border's got nothing to do with Gaza, so there's

837
00:40:57,760 --> 00:41:01,600
Speaker 4: no cease fire deal for Gaza. Here. Ceasefire will be

838
00:41:01,719 --> 00:41:03,840
Speaker 4: for twenty one days along the Blue Line, which is

839
00:41:03,840 --> 00:41:06,880
Speaker 4: the demarcation line that divides Lebanon from Israel and the

840
00:41:06,920 --> 00:41:10,000
Speaker 4: Golden Heights, And in those twenty one days, the hope

841
00:41:10,040 --> 00:41:11,920
Speaker 4: is that they will use that to negotiate towards a

842
00:41:12,040 --> 00:41:14,279
Speaker 4: potential resolution of the conflict that by the way, you

843
00:41:14,360 --> 00:41:16,359
Speaker 4: may not remember this, but it has been going on

844
00:41:16,400 --> 00:41:20,040
Speaker 4: since October eighth last year. Lebanon has been hurl in

845
00:41:20,120 --> 00:41:23,120
Speaker 4: the old missiles and the rockets at Israel this whole time.

846
00:41:23,200 --> 00:41:26,000
Speaker 4: So hence what's going on. We're gonna have a chat

847
00:41:26,040 --> 00:41:28,840
Speaker 4: next to buck Shelford quarter past. I'm gonna get to

848
00:41:28,880 --> 00:41:30,520
Speaker 4: the text on pat because like I'm in an thick

849
00:41:30,520 --> 00:41:32,839
Speaker 4: and fast and just to Ticke it's eighteen past five now.

850
00:41:32,920 --> 00:41:35,080
Speaker 4: The All Blacks have made three changes to the back

851
00:41:35,120 --> 00:41:38,040
Speaker 4: line for Saturday's final home test of the year. Body

852
00:41:38,080 --> 00:41:41,000
Speaker 4: gets the nod at ten, so dmac is out, TJ

853
00:41:41,120 --> 00:41:42,960
Speaker 4: starts at half back and then Antoine Lennet Brown will

854
00:41:42,960 --> 00:41:45,759
Speaker 4: play at second five. Buck Shelford is a former All

855
00:41:45,760 --> 00:41:49,120
Speaker 4: Blacks captain, is with us now, Hey, Buck, Hi, how

856
00:41:49,160 --> 00:41:50,279
Speaker 4: are you very well? Thank you?

857
00:41:50,320 --> 00:41:50,640
Speaker 10: Do you reckon?

858
00:41:50,680 --> 00:41:51,799
Speaker 4: Body's the right call here?

859
00:41:53,080 --> 00:41:53,279
Speaker 2: Oh?

860
00:41:53,320 --> 00:41:55,400
Speaker 10: Well, we're gonna I think they're trying to mix it

861
00:41:55,480 --> 00:41:57,640
Speaker 10: up and trying to get the combinations that they want

862
00:41:57,680 --> 00:42:01,279
Speaker 10: to see, see something something different and maybe in the

863
00:42:01,320 --> 00:42:04,680
Speaker 10: attack side about things, Body might do a bit different

864
00:42:04,880 --> 00:42:08,000
Speaker 10: but compared to them, Yeah.

865
00:42:07,120 --> 00:42:09,560
Speaker 4: Do you think that d mac has cooked his goose?

866
00:42:10,520 --> 00:42:13,759
Speaker 10: Well, he's got another chance. I think he's a very

867
00:42:13,760 --> 00:42:18,440
Speaker 10: good higher. But it's you know, when you're playing, when

868
00:42:18,440 --> 00:42:21,239
Speaker 10: you're playing at that level, there at some time to

869
00:42:21,640 --> 00:42:24,200
Speaker 10: wait because you probably have more time at the lower

870
00:42:24,280 --> 00:42:28,600
Speaker 10: level compared to being you know, playing chess bats rocks,

871
00:42:28,680 --> 00:42:31,320
Speaker 10: you don't have as much time. And the thing is

872
00:42:31,640 --> 00:42:33,879
Speaker 10: he has time when he flays the chiefs and things

873
00:42:33,920 --> 00:42:36,120
Speaker 10: like that, and he's just going to get used to,

874
00:42:36,239 --> 00:42:38,279
Speaker 10: you know, reacting faster, and I think he needs to

875
00:42:38,280 --> 00:42:39,759
Speaker 10: stand up a deeper all those sort of things.

876
00:42:39,960 --> 00:42:43,239
Speaker 4: Yeah, and then the TJ decision. Is this a sentimental

877
00:42:43,239 --> 00:42:45,000
Speaker 4: thing because this is his last game in Wellington?

878
00:42:45,000 --> 00:42:48,359
Speaker 10: Do you think? Well, it could be and you know something,

879
00:42:48,440 --> 00:42:49,960
Speaker 10: as I thought, he played pretty well when he come

880
00:42:49,960 --> 00:42:53,120
Speaker 10: on last week. But you know, he's been a good

881
00:42:53,880 --> 00:42:57,400
Speaker 10: servant to the brand and I think that he deserves

882
00:42:57,440 --> 00:42:58,239
Speaker 10: it a start.

883
00:42:59,520 --> 00:43:02,200
Speaker 4: What about Mark t Leah, what's going on here?

884
00:43:03,719 --> 00:43:05,920
Speaker 10: Well, Mark's a different kettle of fisher. We've got so

885
00:43:05,960 --> 00:43:08,920
Speaker 10: many good wings at the moment and possibly, you know,

886
00:43:08,920 --> 00:43:11,120
Speaker 10: there might be doing a little bit of rotation, just

887
00:43:11,160 --> 00:43:15,799
Speaker 10: trying different things out. Yeah, I'm not quite sure that

888
00:43:17,120 --> 00:43:19,640
Speaker 10: I haven't seen the whole team, but I was standing

889
00:43:19,640 --> 00:43:21,799
Speaker 10: that they need to win again for us, you know

890
00:43:24,040 --> 00:43:27,799
Speaker 10: all what, but all what like how they played last

891
00:43:27,800 --> 00:43:30,080
Speaker 10: week the first forty match, I want to see that

892
00:43:30,160 --> 00:43:31,160
Speaker 10: for a whole game, you know.

893
00:43:31,280 --> 00:43:33,239
Speaker 4: Yeah, oh hear, yeah, I think we all do. Thank

894
00:43:33,280 --> 00:43:34,879
Speaker 4: you so much for your time. I really appreciated about

895
00:43:34,880 --> 00:43:37,160
Speaker 4: Shelford form All Blacks captain. Sorry about the quality of

896
00:43:37,200 --> 00:43:38,839
Speaker 4: the line there was. It was obviously a but windy

897
00:43:38,880 --> 00:43:41,439
Speaker 4: where he was probably in Wellington ahead of the game.

898
00:43:41,800 --> 00:43:44,480
Speaker 4: Here that that bloke Pat Newman sounds very reluctant to

899
00:43:44,560 --> 00:43:47,799
Speaker 4: change from the status quo, but he's ignoring the fact

900
00:43:47,800 --> 00:43:50,600
Speaker 4: that the system that he supports is failing our kids badly.

901
00:43:51,040 --> 00:43:53,040
Speaker 4: He and people like him have had their chance. Look,

902
00:43:53,560 --> 00:43:55,640
Speaker 4: that's a fair point from Dave. What it is very

903
00:43:55,680 --> 00:43:59,680
Speaker 4: hard and I feel like the teachers and particularly the

904
00:43:59,719 --> 00:44:03,080
Speaker 4: teacher Union need to reflect on this. Right if you

905
00:44:03,200 --> 00:44:06,480
Speaker 4: don't like the changes that are being made, tell us

906
00:44:06,520 --> 00:44:09,600
Speaker 4: that the existing the status quo is better, and we

907
00:44:09,640 --> 00:44:11,600
Speaker 4: will point you to the exam results and tell you

908
00:44:11,640 --> 00:44:14,000
Speaker 4: that no, it's not. So it's very hard to defend

909
00:44:14,200 --> 00:44:16,920
Speaker 4: the ground as it stands. Do you know what I mean?

910
00:44:16,960 --> 00:44:17,200
Speaker 19: Like it?

911
00:44:17,920 --> 00:44:19,920
Speaker 4: If you want to continue to sound like you support

912
00:44:20,000 --> 00:44:22,800
Speaker 4: mediocretly keep complaining about it is kind of where that

913
00:44:23,280 --> 00:44:25,400
Speaker 4: really backed into a corner on this one. Hither I

914
00:44:25,440 --> 00:44:27,359
Speaker 4: agree a second language would be good, but in that case,

915
00:44:27,360 --> 00:44:28,879
Speaker 4: can we pick a useful one? Now this is where

916
00:44:28,920 --> 00:44:32,000
Speaker 4: I disagree with you. I think any second language is

917
00:44:32,040 --> 00:44:34,319
Speaker 4: better than no second language because what it does is

918
00:44:34,360 --> 00:44:37,560
Speaker 4: opens neurological pathways in the kids' heads. So that if you,

919
00:44:37,719 --> 00:44:40,200
Speaker 4: if you grow up and at age twenty five you

920
00:44:40,200 --> 00:44:42,520
Speaker 4: can speak a second language, learning a third, or fourth

921
00:44:42,560 --> 00:44:44,799
Speaker 4: or a fifth as persez after that you can only

922
00:44:44,800 --> 00:44:46,800
Speaker 4: speak one language, No hope and how you're going to

923
00:44:46,840 --> 00:44:48,440
Speaker 4: be fighting all your life. So I don't care what

924
00:44:48,480 --> 00:44:50,640
Speaker 4: the second language is, as long as there's a second language.

925
00:44:50,760 --> 00:44:51,480
Speaker 4: Five twenty one.

926
00:44:52,239 --> 00:44:55,960
Speaker 2: Digging deeper into the day's headlines, it's Heather Duper Clan

927
00:44:56,080 --> 00:44:59,800
Speaker 2: drive with one New Zealand let's get connected and use dog.

928
00:44:59,680 --> 00:45:03,040
Speaker 4: Said, hither, how arrogance? The texts keep coming. Hither our arrogant?

929
00:45:03,080 --> 00:45:03,239
Speaker 19: Was that?

930
00:45:03,360 --> 00:45:03,520
Speaker 18: Man?

931
00:45:03,560 --> 00:45:06,960
Speaker 4: What's appalling is the dismal level of maths currently in

932
00:45:06,960 --> 00:45:09,880
Speaker 4: our schools. That's from Craig. Look, I appreciate a strongly

933
00:45:09,920 --> 00:45:12,439
Speaker 4: held opinion. It's just the wrong opinion, isn't it. Five

934
00:45:12,520 --> 00:45:16,239
Speaker 4: twenty four. I'm taking some heart, okay today, from the

935
00:45:16,239 --> 00:45:18,400
Speaker 4: fact that the bosses at the Warehouse Group realize how

936
00:45:18,440 --> 00:45:20,239
Speaker 4: much trouble they're in the chair, who I have got

937
00:45:20,239 --> 00:45:23,600
Speaker 4: a huge amount of respect for. Joan Withers has described

938
00:45:23,640 --> 00:45:26,239
Speaker 4: the result that they put out today as unacceptable and

939
00:45:26,280 --> 00:45:29,560
Speaker 4: a poor financial performance, but then again to be fair,

940
00:45:29,760 --> 00:45:32,200
Speaker 4: it's pretty hard to miss how much trouble they're actually

941
00:45:32,239 --> 00:45:34,600
Speaker 4: and given they just posted a fifty two million dollar loss,

942
00:45:34,640 --> 00:45:36,160
Speaker 4: so I imagine then that's kind of staring them in

943
00:45:36,200 --> 00:45:39,320
Speaker 4: the face, isn't it. I've no idea how the Warehouse

944
00:45:39,400 --> 00:45:40,839
Speaker 4: is going to turn this around. I mean, I think

945
00:45:40,880 --> 00:45:43,480
Speaker 4: getting rid of the previous chief executive as a start.

946
00:45:43,800 --> 00:45:45,960
Speaker 4: But they have got a major lot of problems on

947
00:45:46,000 --> 00:45:49,040
Speaker 4: their hands. It's not just one, it's multiple, and it's

948
00:45:49,120 --> 00:45:52,920
Speaker 4: just my experience tells me that, right Just my experience

949
00:45:53,239 --> 00:45:55,600
Speaker 4: tells me that there is multiple issues going on here.

950
00:45:55,600 --> 00:45:57,200
Speaker 4: So I'm gonna tell you about my experience in the

951
00:45:57,280 --> 00:46:00,439
Speaker 4: last year with the various brands that they've got suit

952
00:46:00,440 --> 00:46:03,600
Speaker 4: the Warehouse the primary brand. It's fine. I've got a

953
00:46:03,600 --> 00:46:05,600
Speaker 4: lot of love for the Warehouse, but the fact is

954
00:46:05,680 --> 00:46:08,120
Speaker 4: Kmart's cooler. I mean, you want to go buy a

955
00:46:08,120 --> 00:46:10,480
Speaker 4: pair of Kiddy's shoes for twelve bucks that they can

956
00:46:10,560 --> 00:46:13,160
Speaker 4: just break on the scooter and who cares about them?

957
00:46:13,400 --> 00:46:15,680
Speaker 4: I checked out both the Warehouse and Kmart. I went

958
00:46:15,719 --> 00:46:18,280
Speaker 4: to Kmart because it was the same price, but Kmart

959
00:46:18,320 --> 00:46:21,040
Speaker 4: had much cooler stuff. There's a problem for the Warehouse

960
00:46:21,120 --> 00:46:23,839
Speaker 4: right there. That is a massive consumer base that they

961
00:46:23,880 --> 00:46:25,640
Speaker 4: are losing consistently to Kmart.

962
00:46:26,040 --> 00:46:26,600
Speaker 1: Noel Leming.

963
00:46:26,800 --> 00:46:29,360
Speaker 4: Oh my gosh, rubbish service. Rubbish service, you want to

964
00:46:29,360 --> 00:46:31,919
Speaker 4: see rubbish service going to no Leming. My husband tried

965
00:46:31,920 --> 00:46:33,560
Speaker 4: to buy me a watch from a birthday. The other

966
00:46:33,600 --> 00:46:35,719
Speaker 4: day was last week, right, So he went in and

967
00:46:35,800 --> 00:46:39,279
Speaker 4: he asked them to help him find an electronic watch

968
00:46:39,280 --> 00:46:41,880
Speaker 4: that could be paired with the phone that was waterproof

969
00:46:41,920 --> 00:46:44,160
Speaker 4: so I could go surfing with it. They didn't know

970
00:46:44,719 --> 00:46:48,440
Speaker 4: which watches were waterproof, so as a result, I had

971
00:46:48,480 --> 00:46:50,600
Speaker 4: my birthday eight days ago, I still haven't got a watch.

972
00:46:50,600 --> 00:46:52,759
Speaker 4: I do ontally care who cares, but I had to

973
00:46:52,800 --> 00:46:55,600
Speaker 4: google for him what watch was waterproof? By the way,

974
00:46:55,800 --> 00:46:59,480
Speaker 4: Noel Leming, It's the Apple Watch, just the most famous one.

975
00:46:59,360 --> 00:46:59,960
Speaker 24: Right that stuff.

976
00:47:01,080 --> 00:47:03,880
Speaker 4: I try to buy myself a vacuum cleaner Dyson recently

977
00:47:03,920 --> 00:47:06,440
Speaker 4: as a treat. I went onto not All Leming's website.

978
00:47:07,160 --> 00:47:09,080
Speaker 4: Had to call to double check because the store said

979
00:47:09,080 --> 00:47:10,920
Speaker 4: they only had one and I wanted to make sure

980
00:47:10,920 --> 00:47:13,160
Speaker 4: they did actually have one. They never called me back,

981
00:47:13,400 --> 00:47:16,239
Speaker 4: so I just bought it from Dyson online for about

982
00:47:16,239 --> 00:47:20,600
Speaker 4: one hundred bucks cheaper directly Torpedo seven, which they sold

983
00:47:20,640 --> 00:47:22,880
Speaker 4: for a dollar. We called them ages ago, months and

984
00:47:22,920 --> 00:47:24,160
Speaker 4: months and months ago to see if we could get

985
00:47:24,200 --> 00:47:26,279
Speaker 4: a replacement battery charger for the electric bike because the

986
00:47:26,280 --> 00:47:29,200
Speaker 4: thing was broken. They said they don't have battery charges anymore.

987
00:47:29,320 --> 00:47:31,000
Speaker 4: A few weeks ago, my husband met one of the

988
00:47:31,040 --> 00:47:33,719
Speaker 4: guys who actually has bought Torpedo seven from the warehouse.

989
00:47:34,000 --> 00:47:36,799
Speaker 4: He gave my husband two battery charges, so they did

990
00:47:36,800 --> 00:47:40,120
Speaker 4: still have the battery charges. Now that's not just one problem,

991
00:47:40,120 --> 00:47:42,640
Speaker 4: that's multiple problems. And I just do not know how

992
00:47:42,680 --> 00:47:48,080
Speaker 4: the warehouse turns this business around.

993
00:47:46,120 --> 00:47:48,720
Speaker 1: To ever do for Cee Ellen. So anyway, we're.

994
00:47:48,560 --> 00:47:50,640
Speaker 4: Going to talk to the interim chief executive. He's going

995
00:47:50,640 --> 00:47:52,920
Speaker 4: to be of us after the news. Listen. Quick PSA

996
00:47:53,040 --> 00:47:55,480
Speaker 4: to you is that from the start of next year,

997
00:47:55,520 --> 00:47:58,480
Speaker 4: I'm not going to be here anymore. Now, don't worry

998
00:47:58,520 --> 00:48:00,360
Speaker 4: about it. I'm coming back. I'm just gonna have a baby,

999
00:48:00,360 --> 00:48:02,200
Speaker 4: aren't I just going to take a little break, have

1000
00:48:02,239 --> 00:48:04,920
Speaker 4: a baby, just pop one out, maybe just rocket for

1001
00:48:04,960 --> 00:48:06,719
Speaker 4: the first three months or so, you know, do all

1002
00:48:06,760 --> 00:48:08,280
Speaker 4: of that stuff, and then I'll come back to work.

1003
00:48:08,600 --> 00:48:11,320
Speaker 4: So yes, obviously, what I'm trying to say is I'm pregnant.

1004
00:48:12,880 --> 00:48:14,640
Speaker 4: This is not as excited. I tell you. What's not

1005
00:48:14,680 --> 00:48:16,600
Speaker 4: as exciting as the first one is the first one

1006
00:48:16,640 --> 00:48:18,600
Speaker 4: you're like, oh my lord, I'm pregnant, the most wonderful

1007
00:48:18,600 --> 00:48:21,000
Speaker 4: and glorious experience. The second one you're like, oh dear God,

1008
00:48:21,040 --> 00:48:24,759
Speaker 4: I need some sleep. This is uncomfortable. I can't even

1009
00:48:25,040 --> 00:48:28,080
Speaker 4: I am twenty three weeks. I can't even bend down

1010
00:48:28,120 --> 00:48:31,560
Speaker 4: and tie my shoelaces. This is a crime that this

1011
00:48:31,640 --> 00:48:34,200
Speaker 4: is done to women's bodies. But anyway, whatever, glorious and

1012
00:48:34,200 --> 00:48:37,080
Speaker 4: happy and kicking at the moment, and it's a weak girl.

1013
00:48:37,200 --> 00:48:39,560
Speaker 4: So that's nice, isn't it. So we get one of each.

1014
00:48:39,840 --> 00:48:41,560
Speaker 4: How about that little Eggy's going to be a big

1015
00:48:41,600 --> 00:48:45,040
Speaker 4: brother to a little one. So I can't give you

1016
00:48:45,080 --> 00:48:47,799
Speaker 4: any information on who's going to be filling in for

1017
00:48:47,880 --> 00:48:50,800
Speaker 4: the first three months of next year. Got absolutely no idea. Frankly,

1018
00:48:50,800 --> 00:48:52,719
Speaker 4: don't care. You're on your own. I'm going to have

1019
00:48:52,719 --> 00:48:54,600
Speaker 4: bigger problems on my hand, but then I'll be back,

1020
00:48:54,719 --> 00:48:57,560
Speaker 4: don't worry about it. News talks 'd be you.

1021
00:49:03,920 --> 00:49:07,840
Speaker 1: The day's newsmakers. Talk to Heather first, Heather duple.

1022
00:49:07,680 --> 00:49:11,200
Speaker 2: C Allen drive with One New Zealand Let's get connected

1023
00:49:11,239 --> 00:49:21,280
Speaker 2: and news talk Z Biz.

1024
00:49:23,320 --> 00:49:26,319
Speaker 4: Hey, the uae F t A. I've got some really

1025
00:49:26,320 --> 00:49:30,560
Speaker 4: interesting stuff on it. Jeffrey Miller is. He's something of

1026
00:49:30,600 --> 00:49:36,160
Speaker 4: a kind of a Golf States FTA deal with New

1027
00:49:36,239 --> 00:49:38,640
Speaker 4: Zealand nut. I mean, of all things to specialize, and

1028
00:49:38,680 --> 00:49:41,400
Speaker 4: that's what he specializes. In fact, he's writing his PhD

1029
00:49:41,960 --> 00:49:45,080
Speaker 4: thesis on it, so he's got some really interesting insights

1030
00:49:45,080 --> 00:49:46,839
Speaker 4: into it and actually understands quite a bit. I'm gonna

1031
00:49:46,880 --> 00:49:47,920
Speaker 4: un you through some of that before we have a

1032
00:49:47,960 --> 00:49:50,480
Speaker 4: chat to the Trade Minister after six o'clock. Thank you

1033
00:49:50,520 --> 00:49:52,759
Speaker 4: for your message. This is very kind of you. Did

1034
00:49:52,800 --> 00:49:55,320
Speaker 4: you know? I didn't know this until I read these messages.

1035
00:49:55,360 --> 00:49:57,800
Speaker 4: If you have a boy and a girl and that's it,

1036
00:49:57,800 --> 00:50:00,440
Speaker 4: it's called a pigeon pair. So who knew? Huddles with

1037
00:50:00,520 --> 00:50:01,920
Speaker 4: us next twenty four away from.

1038
00:50:01,800 --> 00:50:03,799
Speaker 1: Six, Heather do for CLO Now.

1039
00:50:03,800 --> 00:50:05,239
Speaker 4: It was a bit of a blood bath for the

1040
00:50:05,280 --> 00:50:08,319
Speaker 4: Warehouse today. The group announced a fifty four million dollar

1041
00:50:08,400 --> 00:50:11,000
Speaker 4: loss for the year. The chair, Joan Withers, has described

1042
00:50:11,000 --> 00:50:15,120
Speaker 4: it as unacceptable. Jean June is the interim chief executive

1043
00:50:15,120 --> 00:50:18,120
Speaker 4: at the Warehouse Group and with us now, Hey, John Hi,

1044
00:50:18,200 --> 00:50:20,040
Speaker 4: Heather Jones says it's unacceptable.

1045
00:50:20,040 --> 00:50:22,840
Speaker 19: What do you say, totally agree.

1046
00:50:23,360 --> 00:50:25,600
Speaker 7: We're certainly not where we need to be and the

1047
00:50:25,680 --> 00:50:27,080
Speaker 7: result is a poor performance.

1048
00:50:27,600 --> 00:50:29,120
Speaker 4: What's gone wrong? Do you think.

1049
00:50:30,840 --> 00:50:33,200
Speaker 7: Part of it is strategy and part of its execution.

1050
00:50:33,480 --> 00:50:35,799
Speaker 7: We had a strategy set about five years ago that

1051
00:50:36,000 --> 00:50:40,280
Speaker 7: was in hindsight to ambitious and also distracted us from

1052
00:50:40,800 --> 00:50:43,360
Speaker 7: looking after our core brands at the level of detail

1053
00:50:43,360 --> 00:50:44,120
Speaker 7: that we need.

1054
00:50:43,920 --> 00:50:47,600
Speaker 4: To so core brand being obviously the warehouse. What needs

1055
00:50:47,640 --> 00:50:48,840
Speaker 4: to change at the warehouse?

1056
00:50:48,880 --> 00:50:51,800
Speaker 7: Do you think, sorry, what was that head?

1057
00:50:52,280 --> 00:50:53,880
Speaker 4: What needs to change at the warehouse?

1058
00:50:56,280 --> 00:50:59,000
Speaker 7: We need to get better more often. You know, we

1059
00:50:59,160 --> 00:51:01,640
Speaker 7: get it right most of the time. We need to

1060
00:51:01,680 --> 00:51:04,040
Speaker 7: get it right all the time. And that's the difference

1061
00:51:04,080 --> 00:51:06,880
Speaker 7: in retail retails detail customers notice when you get your

1062
00:51:06,920 --> 00:51:09,480
Speaker 7: detail wrong and we've dropped the ball on.

1063
00:51:09,440 --> 00:51:13,560
Speaker 4: That, that is that like if you've got is it

1064
00:51:13,719 --> 00:51:20,000
Speaker 4: quality problems? Is it coolness problems? What is it?

1065
00:51:20,000 --> 00:51:22,840
Speaker 7: It's the small things that make a difference. He You know, basically,

1066
00:51:22,880 --> 00:51:24,839
Speaker 7: when you're in retail, you have to get everything right.

1067
00:51:24,880 --> 00:51:27,799
Speaker 7: And we've got things right that we were focusing on,

1068
00:51:27,960 --> 00:51:30,480
Speaker 7: but we missed the ball on the areas we weren't

1069
00:51:30,480 --> 00:51:34,120
Speaker 7: focusing on We had moved more of our range in

1070
00:51:34,239 --> 00:51:39,600
Speaker 7: the warehouse to continuity, daily essentials, everyday needs, and that's

1071
00:51:39,640 --> 00:51:43,319
Speaker 7: an important part of the offer, and customers are loving

1072
00:51:43,440 --> 00:51:45,479
Speaker 7: for us for that part of the range. But that's

1073
00:51:45,520 --> 00:51:51,200
Speaker 7: not all they wanted from us. They wanted newness, excitement, trend, coolness, keenness,

1074
00:51:52,480 --> 00:51:55,600
Speaker 7: and we used to give them that in spades, and

1075
00:51:55,680 --> 00:51:57,759
Speaker 7: when we moved into the sort of trying to be

1076
00:51:57,800 --> 00:52:02,000
Speaker 7: earnest about our core essentials, which is really important, we

1077
00:52:02,080 --> 00:52:04,879
Speaker 7: lost that excitement, we lost the emphasis and the other

1078
00:52:04,920 --> 00:52:08,000
Speaker 7: parts of what people wanted from us, and that's what

1079
00:52:08,040 --> 00:52:11,600
Speaker 7: we've recognized as one of the core turnaround fixes that

1080
00:52:11,640 --> 00:52:13,880
Speaker 7: we need to do. We've already started on that, but

1081
00:52:14,000 --> 00:52:16,600
Speaker 7: unfortunately it takes a while for that product to show

1082
00:52:16,680 --> 00:52:19,040
Speaker 7: up in store, so it's only just showing up now.

1083
00:52:19,560 --> 00:52:21,759
Speaker 7: But when it is showing up, our customers are loving it.

1084
00:52:21,840 --> 00:52:26,000
Speaker 7: You know, they've been really disappointed that we haven't given

1085
00:52:26,040 --> 00:52:28,239
Speaker 7: it to them before. Just like you said before, you

1086
00:52:28,280 --> 00:52:29,920
Speaker 7: would expect us to do it. We didn't do it

1087
00:52:29,960 --> 00:52:33,920
Speaker 7: for you. Our customers are saying the same on a

1088
00:52:33,960 --> 00:52:37,239
Speaker 7: number of lines. But again, when we get it back

1089
00:52:37,280 --> 00:52:40,759
Speaker 7: in stock, they go yay, you're back. We love it

1090
00:52:40,800 --> 00:52:44,719
Speaker 7: because we've got ninety two million people visiting our stores

1091
00:52:44,760 --> 00:52:47,360
Speaker 7: every year. They really want us to be back in

1092
00:52:47,400 --> 00:52:49,640
Speaker 7: the game we used to be. They want us to be,

1093
00:52:49,760 --> 00:52:51,239
Speaker 7: and we're determined to be back in there.

1094
00:52:51,640 --> 00:52:53,480
Speaker 4: Like a bad boyfriend day. We want to love you,

1095
00:52:53,560 --> 00:52:55,680
Speaker 4: but you should make me at house with the warehouse.

1096
00:52:55,960 --> 00:52:58,400
Speaker 7: What about we're the one that got awaid?

1097
00:53:00,280 --> 00:53:03,200
Speaker 4: Is that right? A positive spin on it? What's going

1098
00:53:03,200 --> 00:53:04,520
Speaker 4: wrong with then?

1099
00:53:06,239 --> 00:53:09,520
Speaker 7: Knowles has actually performed the strongest through the period we've

1100
00:53:09,520 --> 00:53:12,719
Speaker 7: been distracted, so their model is quite strong. I heard

1101
00:53:12,760 --> 00:53:16,160
Speaker 7: before that you've had some service issues. That's disappointing. It

1102
00:53:16,280 --> 00:53:18,680
Speaker 7: is not the general experience we get from our customers.

1103
00:53:18,680 --> 00:53:21,160
Speaker 7: They are at promoter score, which is the measure of

1104
00:53:21,160 --> 00:53:25,000
Speaker 7: our customer satisfaction, is the highest in a no Lemming brand,

1105
00:53:26,000 --> 00:53:29,279
Speaker 7: and they are the market leader, and through a tough time,

1106
00:53:29,320 --> 00:53:32,120
Speaker 7: they've actually held their market share and held their customer

1107
00:53:32,160 --> 00:53:36,640
Speaker 7: base the best of our all three brands. But even

1108
00:53:36,760 --> 00:53:40,000
Speaker 7: they have suffered a little bit around the group distractions,

1109
00:53:40,040 --> 00:53:44,120
Speaker 7: around the bigger picture that the ecosystem strategy, so they

1110
00:53:44,120 --> 00:53:46,840
Speaker 7: weren't spending all their time on what mattered to no

1111
00:53:46,960 --> 00:53:50,080
Speaker 7: Leaming customers. And it's those little things that make a difference.

1112
00:53:50,120 --> 00:53:52,960
Speaker 7: The fact that we should have had the staff member

1113
00:53:53,200 --> 00:53:55,879
Speaker 7: knowing which apple which watch was waterproof. You know, that

1114
00:53:56,200 --> 00:53:59,479
Speaker 7: is what we do. That is something that we pride

1115
00:53:59,480 --> 00:54:03,680
Speaker 7: ourselves in basic Our teams proudly call themselves passionate experts.

1116
00:54:03,680 --> 00:54:05,800
Speaker 7: So I spent a lot of time on product knowledge

1117
00:54:06,000 --> 00:54:09,120
Speaker 7: and learning about that products. You know, whether that was

1118
00:54:09,120 --> 00:54:12,080
Speaker 7: an isolated example, we've got the wrong person on the

1119
00:54:12,120 --> 00:54:14,680
Speaker 7: wrong day, but that doesn't really matter to you or

1120
00:54:14,719 --> 00:54:16,960
Speaker 7: your husband that got the wrong advice.

1121
00:54:17,000 --> 00:54:19,759
Speaker 4: I don't even have a watch John for my birthday.

1122
00:54:19,280 --> 00:54:21,360
Speaker 7: Now, and I'm gusted.

1123
00:54:21,440 --> 00:54:22,200
Speaker 3: I worry.

1124
00:54:22,680 --> 00:54:24,360
Speaker 4: I know how to use the internet. I'll order it

1125
00:54:24,360 --> 00:54:26,640
Speaker 4: from you. Guys. Hey, listen very quickly on the Stephen

1126
00:54:26,680 --> 00:54:28,680
Speaker 4: Tindall thing. Are you guys still is that office still

1127
00:54:28,760 --> 00:54:29,200
Speaker 4: light or no?

1128
00:54:30,640 --> 00:54:33,000
Speaker 7: That's in Stephen's core. We don't have any control over

1129
00:54:33,120 --> 00:54:35,120
Speaker 7: what our shareholders do, and don't.

1130
00:54:34,960 --> 00:54:37,680
Speaker 4: They listen, John, thank you for talking to us, and

1131
00:54:37,719 --> 00:54:39,879
Speaker 4: I really really hope you are able to turn this around, because,

1132
00:54:39,880 --> 00:54:42,160
Speaker 4: as I say, we do love your business. That is

1133
00:54:42,239 --> 00:54:44,279
Speaker 4: John Jna, who is the interim chief executive at the

1134
00:54:44,280 --> 00:54:46,120
Speaker 4: Warehouse and has obviously got his work cut out from

1135
00:54:46,200 --> 00:54:47,320
Speaker 4: nineteen away from six.

1136
00:54:47,400 --> 00:54:51,360
Speaker 2: The Huddle with New Zealand Southby's International Realty, local and

1137
00:54:51,440 --> 00:54:53,319
Speaker 2: global exposure like no other.

1138
00:54:53,640 --> 00:54:56,000
Speaker 4: Mike Munroe on the Huddle, former chief of Stuff to

1139
00:54:56,000 --> 00:54:58,760
Speaker 4: just send out doing a nelegative infrastructure New Zealand. Hello lads,

1140
00:54:59,520 --> 00:55:02,000
Speaker 4: Hello Mike. I don't I don't know if you're the

1141
00:55:02,040 --> 00:55:04,279
Speaker 4: target market for the warehouse. Do you do you still

1142
00:55:04,280 --> 00:55:06,080
Speaker 4: shop there or you're more of an old lemon guy?

1143
00:55:06,960 --> 00:55:07,120
Speaker 7: Yeah?

1144
00:55:07,160 --> 00:55:09,000
Speaker 26: Well I live a stone throw from one actually out

1145
00:55:09,040 --> 00:55:11,840
Speaker 26: at Loyle Vain and Wellington, so I do. I do

1146
00:55:11,920 --> 00:55:14,120
Speaker 26: drop him there, but it's only to buy some incidentals.

1147
00:55:14,840 --> 00:55:16,960
Speaker 26: I must say I have noticed in recent times it's

1148
00:55:17,080 --> 00:55:18,120
Speaker 26: very empty.

1149
00:55:18,280 --> 00:55:18,520
Speaker 8: You know.

1150
00:55:18,760 --> 00:55:20,799
Speaker 26: I've just been up an organoe over the weekend and

1151
00:55:21,440 --> 00:55:23,560
Speaker 26: on the way out my wife and I dropped into

1152
00:55:23,600 --> 00:55:27,759
Speaker 26: that New Manoa Bay retail out at the airport and

1153
00:55:27,800 --> 00:55:30,880
Speaker 26: it was just absolutely chocker. You know, there are hundreds

1154
00:55:30,920 --> 00:55:33,600
Speaker 26: and hundreds of people there to have crushed into that place.

1155
00:55:34,280 --> 00:55:35,799
Speaker 26: I know it's a new player on the block and

1156
00:55:35,800 --> 00:55:38,279
Speaker 26: people like to try the you know, the latest new

1157
00:55:38,320 --> 00:55:40,920
Speaker 26: thing going in retail. But the fact is that it's

1158
00:55:40,920 --> 00:55:43,439
Speaker 26: a very competitive market now. That sort of low price

1159
00:55:43,560 --> 00:55:47,240
Speaker 26: chain market, and I guess the warehouse is also feeling

1160
00:55:47,239 --> 00:55:49,919
Speaker 26: a bit of that pressure. Was it was interesting John

1161
00:55:49,960 --> 00:55:53,560
Speaker 26: didn't touch on that, but but but surely that has

1162
00:55:53,600 --> 00:55:56,320
Speaker 26: to be a factor that there are other players coming

1163
00:55:56,320 --> 00:55:57,400
Speaker 26: into that part of the market.

1164
00:55:57,480 --> 00:55:59,000
Speaker 4: Yeah, that he probably doesn't want to have to say

1165
00:55:59,000 --> 00:56:03,959
Speaker 4: their names out loud and remind exist Nick, what about you?

1166
00:56:04,000 --> 00:56:05,360
Speaker 4: Do you still go to the Warehouse?

1167
00:56:06,600 --> 00:56:06,759
Speaker 1: No?

1168
00:56:06,840 --> 00:56:10,080
Speaker 27: Not not really, And you know, I think it's a

1169
00:56:10,120 --> 00:56:12,920
Speaker 27: shame because it's a New Zealand institution and a New

1170
00:56:13,040 --> 00:56:16,960
Speaker 27: Zealand success story. Really, but look, you do have to

1171
00:56:17,000 --> 00:56:21,719
Speaker 27: think that online shopping things like Timu are really having

1172
00:56:21,800 --> 00:56:24,360
Speaker 27: a big impact on the retail sector, and not just

1173
00:56:24,440 --> 00:56:26,759
Speaker 27: at the top end either, And that's I think what

1174
00:56:26,840 --> 00:56:29,960
Speaker 27: we're seeing here. So I mean the question will be,

1175
00:56:30,000 --> 00:56:33,480
Speaker 27: and this is the great commercial challenges. Can it reinvent itself?

1176
00:56:33,600 --> 00:56:36,520
Speaker 27: And obviously they're backing themselves to be able to try

1177
00:56:36,520 --> 00:56:38,440
Speaker 27: and turn things around them and good luck to them.

1178
00:56:38,520 --> 00:56:40,640
Speaker 4: Yeah, I really hope they're able to. Mike, what do

1179
00:56:40,719 --> 00:56:43,880
Speaker 4: you make of the government crackdown on truancy?

1180
00:56:44,200 --> 00:56:44,319
Speaker 20: Uh?

1181
00:56:44,800 --> 00:56:49,640
Speaker 26: Well, look, these punitive measures just sort of don't they

1182
00:56:50,239 --> 00:56:53,080
Speaker 26: They don't work and they won't work I've been tried elsewhere.

1183
00:56:54,160 --> 00:56:57,240
Speaker 8: It's a very complex problem, this truancy, and when.

1184
00:56:57,040 --> 00:56:59,680
Speaker 26: You sort of look online, you know there's other countries

1185
00:56:59,680 --> 00:57:02,600
Speaker 26: and stuff the same trends. Australia, Great Britain, even dear

1186
00:57:02,600 --> 00:57:05,239
Speaker 26: old Japan, where people you know, we're etiquette and sort

1187
00:57:05,280 --> 00:57:09,880
Speaker 26: of rules based, following the rules is very very important,

1188
00:57:10,160 --> 00:57:13,920
Speaker 26: they're also suffering the same issues. I just think that

1189
00:57:13,960 --> 00:57:16,920
Speaker 26: there's got to be more of a of a multi

1190
00:57:16,960 --> 00:57:20,760
Speaker 26: agency approach to what's a very complex problem slapping fines

1191
00:57:20,800 --> 00:57:24,040
Speaker 26: on people who don't send their kids to school. I mean, one,

1192
00:57:24,160 --> 00:57:25,800
Speaker 26: the fine is not probably not going to be paid,

1193
00:57:26,160 --> 00:57:28,960
Speaker 26: But how's that going to change their behavior? And how's

1194
00:57:28,960 --> 00:57:31,120
Speaker 26: it going to change their attitude? I just think it's

1195
00:57:31,240 --> 00:57:32,800
Speaker 26: more it's a more complex issue than.

1196
00:57:32,720 --> 00:57:35,120
Speaker 4: That, you know, like I think, is it about It's

1197
00:57:35,160 --> 00:57:37,760
Speaker 4: not really about the daar pearance, right, the Darrow parents

1198
00:57:37,760 --> 00:57:39,360
Speaker 4: are never going to send their kids to school. They

1199
00:57:39,360 --> 00:57:41,000
Speaker 4: don't give an ath, they're not going to pay the fines.

1200
00:57:41,360 --> 00:57:43,680
Speaker 4: Is this not about the middle class parents who thinks

1201
00:57:43,680 --> 00:57:45,800
Speaker 4: it's okay to fly to Fiji for a week in

1202
00:57:45,880 --> 00:57:49,160
Speaker 4: school holidays, who might go. I actually know I should

1203
00:57:49,160 --> 00:57:50,720
Speaker 4: Actually you shouldn't do it.

1204
00:57:51,320 --> 00:57:53,560
Speaker 8: I don't disagree with that. I think it is partly

1205
00:57:53,600 --> 00:57:54,080
Speaker 8: about that.

1206
00:57:54,160 --> 00:57:56,280
Speaker 26: I think I think we're suffering the consequences of what

1207
00:57:56,280 --> 00:58:00,400
Speaker 26: happened during the COVID years, where you know, schools closed

1208
00:58:00,400 --> 00:58:04,320
Speaker 26: for a long time, the months of school closures. In fact,

1209
00:58:04,960 --> 00:58:08,320
Speaker 26: twenty and twenty one, we've had teacher strikes where teachers

1210
00:58:08,360 --> 00:58:09,880
Speaker 26: not in the classrooms and the kids are at home

1211
00:58:09,960 --> 00:58:10,960
Speaker 26: for often one.

1212
00:58:10,840 --> 00:58:13,320
Speaker 8: Two, three days. So I just think it's sort of

1213
00:58:13,360 --> 00:58:15,640
Speaker 8: scene now as okay to have the kids out of

1214
00:58:15,640 --> 00:58:16,360
Speaker 8: school for a while.

1215
00:58:16,400 --> 00:58:18,400
Speaker 26: Yeah, there's just been a bit of a change in

1216
00:58:18,440 --> 00:58:20,720
Speaker 26: thinking around that from maybe a generation ago.

1217
00:58:21,160 --> 00:58:23,080
Speaker 4: Yeah, okay, Nick, I want you to take we'll do it.

1218
00:58:23,120 --> 00:58:24,600
Speaker 4: We'll get it from you. After the break. It's call

1219
00:58:24,640 --> 00:58:26,640
Speaker 4: to two, right, and you're back with a huddle, Nick

1220
00:58:26,720 --> 00:58:28,520
Speaker 4: Leagan and Mike Munroe. Nick, what do you make of

1221
00:58:28,520 --> 00:58:29,720
Speaker 4: the crackdown on the truancy.

1222
00:58:31,120 --> 00:58:35,000
Speaker 27: Well, look, I think that we know that the longer

1223
00:58:35,120 --> 00:58:40,880
Speaker 27: kids spend in schools, the better they perform academically and socially,

1224
00:58:41,400 --> 00:58:45,160
Speaker 27: and prosecution will be rare. So I think what the

1225
00:58:45,200 --> 00:58:47,240
Speaker 27: governor has done is to say, hey, look, this is

1226
00:58:47,280 --> 00:58:49,600
Speaker 27: a combined effort to ensure that we get the best

1227
00:58:49,680 --> 00:58:53,720
Speaker 27: education outcomes for our kids. And you know, there's an

1228
00:58:53,760 --> 00:58:57,560
Speaker 27: expectation that society has that schools will play their part

1229
00:58:57,720 --> 00:59:00,640
Speaker 27: and that parents will play their part too, helping sure

1230
00:59:00,640 --> 00:59:01,640
Speaker 27: that share they get there.

1231
00:59:01,880 --> 00:59:03,960
Speaker 4: I'm seeing this Nick a little bit more, you know.

1232
00:59:04,000 --> 00:59:06,560
Speaker 4: I mean, these are rules that exist already, right Teacher

1233
00:59:06,640 --> 00:59:08,680
Speaker 4: only days should be taken in the breaks. There are

1234
00:59:08,720 --> 00:59:11,200
Speaker 4: finds existing for parents. It's not like he's introducing new rules.

1235
00:59:11,240 --> 00:59:13,400
Speaker 4: He's only threatening to enforce them. And it feels to

1236
00:59:13,400 --> 00:59:15,480
Speaker 4: me like it's just resetting the very thing that Mike

1237
00:59:15,560 --> 00:59:18,640
Speaker 4: was talking about before, which is a complacency about education.

1238
00:59:18,680 --> 00:59:21,439
Speaker 19: It's just reminded you got to go yeah, yeah, yeah.

1239
00:59:21,480 --> 00:59:25,040
Speaker 27: I think I think Mike was right, and we do

1240
00:59:25,160 --> 00:59:28,120
Speaker 27: need you know, at times we relax. We all relax,

1241
00:59:28,200 --> 00:59:31,120
Speaker 27: don't we we eat too much, or we don't exercise,

1242
00:59:31,400 --> 00:59:35,240
Speaker 27: or we let standard slip in some of our public systems.

1243
00:59:35,280 --> 00:59:37,800
Speaker 27: And so that's what is happening here. The government's just

1244
00:59:38,160 --> 00:59:40,200
Speaker 27: stepping up and saying, look, we're going to take this

1245
00:59:40,280 --> 00:59:40,840
Speaker 27: a little bit.

1246
00:59:40,760 --> 00:59:42,800
Speaker 19: More seriously and enforce the rules.

1247
00:59:42,840 --> 00:59:44,880
Speaker 27: And I think that will be you know that I

1248
00:59:44,920 --> 00:59:47,960
Speaker 27: think the results will begin to speak for themselves after

1249
00:59:48,280 --> 00:59:49,200
Speaker 27: a certain amount of time.

1250
00:59:49,360 --> 00:59:53,160
Speaker 4: What do we do Mike about Dunedin Hospital, Well.

1251
00:59:53,000 --> 00:59:57,840
Speaker 26: It works underway, it's happening. The outpatients building is understand

1252
00:59:57,840 --> 01:00:00,680
Speaker 26: it is well advanced and we'll be open by twenty

1253
01:00:00,680 --> 01:00:01,200
Speaker 26: twenty six.

1254
01:00:01,920 --> 01:00:03,360
Speaker 8: They've got to push on and finish it.

1255
01:00:03,480 --> 01:00:07,360
Speaker 26: Look, I think this government government's discovering hither that you know,

1256
01:00:07,480 --> 01:00:11,720
Speaker 26: running sound. You know, first world public services costs a

1257
01:00:11,760 --> 01:00:14,680
Speaker 26: huge amount of money and they go around with all

1258
01:00:14,720 --> 01:00:18,040
Speaker 26: the chest beating bravado about slashing billions off spending. Well,

1259
01:00:18,040 --> 01:00:21,000
Speaker 26: when you do that, it costs somewhere and you'll end

1260
01:00:21,080 --> 01:00:23,960
Speaker 26: up having to trim public services or not go ahead

1261
01:00:23,960 --> 01:00:25,040
Speaker 26: with some public services.

1262
01:00:25,320 --> 01:00:27,800
Speaker 8: And I think this is an example of that happening.

1263
01:00:28,640 --> 01:00:31,720
Speaker 26: The hospitals should be built on the basis of of

1264
01:00:32,280 --> 01:00:36,240
Speaker 26: clinical needs, not where Nicola Willis thinks a spending cap

1265
01:00:36,240 --> 01:00:36,880
Speaker 26: should be set.

1266
01:00:37,880 --> 01:00:38,120
Speaker 3: Yeah.

1267
01:00:38,160 --> 01:00:40,400
Speaker 4: Do you know what's gone wrong here, Nick? Why it's

1268
01:00:40,400 --> 01:00:42,080
Speaker 4: blown out quite to the extent it has.

1269
01:00:42,200 --> 01:00:45,080
Speaker 27: Well, the first thing I'd say is it's not because

1270
01:00:45,080 --> 01:00:48,640
Speaker 27: the government's imposed to spending cap that this project has

1271
01:00:48,680 --> 01:00:52,160
Speaker 27: blown out. And yeah, I mean I think that probably

1272
01:00:52,240 --> 01:00:55,320
Speaker 27: the structure of the project from the start wasn't great.

1273
01:00:55,360 --> 01:00:57,600
Speaker 27: I mean this is this is a much bigger question.

1274
01:00:57,640 --> 01:01:00,320
Speaker 27: I mean, it's obviously a big problem for a big

1275
01:01:00,400 --> 01:01:03,400
Speaker 27: challenge for Otago and Dunedin, and we all want that.

1276
01:01:03,680 --> 01:01:05,920
Speaker 27: We all want there to be a decent hospital service

1277
01:01:06,480 --> 01:01:09,880
Speaker 27: therein for the southern part of New Zealand. But why

1278
01:01:10,560 --> 01:01:13,120
Speaker 27: why does New Zealand get this wrong? We've seem to

1279
01:01:13,120 --> 01:01:16,320
Speaker 27: be failing our major projects. We used to be innovative

1280
01:01:16,360 --> 01:01:19,920
Speaker 27: and smart and things have slipped and so yeah, this

1281
01:01:20,040 --> 01:01:23,080
Speaker 27: is going to be the most expensive hospital per bed

1282
01:01:23,720 --> 01:01:26,800
Speaker 27: ever built in Australasia. Now, I think we all want

1283
01:01:26,840 --> 01:01:31,280
Speaker 27: really high quality public services, but actually we shouldn't be

1284
01:01:31,320 --> 01:01:34,360
Speaker 27: aiming for the most expensive. We've got to cut our

1285
01:01:34,400 --> 01:01:39,760
Speaker 27: cloth and so we need to examine ourselves more broadly.

1286
01:01:40,120 --> 01:01:42,680
Speaker 27: It is not MICA's right. It's not just about cutting

1287
01:01:42,760 --> 01:01:45,360
Speaker 27: costs of the bone, but it is about extracting more

1288
01:01:45,480 --> 01:01:47,520
Speaker 27: value for the money we spend.

1289
01:01:47,880 --> 01:01:49,600
Speaker 19: And I think every care we would expect that.

1290
01:01:49,720 --> 01:01:53,200
Speaker 4: Yeah, fair enough, Hey Mike, Okay, what about Hastings District

1291
01:01:53,240 --> 01:01:56,440
Speaker 4: Council giving the non elected youth councilor's voting rights in

1292
01:01:56,480 --> 01:01:57,760
Speaker 4: five hundred bucks per meeting.

1293
01:02:01,240 --> 01:02:03,560
Speaker 26: On the financial side of it, I've got no problem

1294
01:02:03,600 --> 01:02:07,840
Speaker 26: with that. These youth councils are performing an important role

1295
01:02:08,280 --> 01:02:11,680
Speaker 26: and making decisions or help make decisions around the well

1296
01:02:11,720 --> 01:02:15,600
Speaker 26: being and mental health sort of issues for young people.

1297
01:02:15,880 --> 01:02:17,880
Speaker 26: I mean, councilors and willing in an Auckland get about

1298
01:02:17,880 --> 01:02:21,120
Speaker 26: one hundred k year, I understand, So five hundred dollars

1299
01:02:21,200 --> 01:02:25,600
Speaker 26: a meeting to me sounds a very sort of minor payment. Look,

1300
01:02:25,760 --> 01:02:29,320
Speaker 26: I'm all in favor of giving the younger voice in

1301
01:02:29,400 --> 01:02:33,200
Speaker 26: terms of their voting rights. You know, there's any number

1302
01:02:33,240 --> 01:02:35,840
Speaker 26: of people now who sort of have a say in

1303
01:02:35,920 --> 01:02:38,920
Speaker 26: the affairs of our cities via their councils. And I'm

1304
01:02:38,920 --> 01:02:41,320
Speaker 26: talking here about the management teams and the chief executives

1305
01:02:42,560 --> 01:02:45,280
Speaker 26: who are putting putting up ideas and proposals which are

1306
01:02:45,280 --> 01:02:47,320
Speaker 26: effectively just getting rougher stamped by counsels.

1307
01:02:47,800 --> 01:02:49,640
Speaker 8: So I don't, I don't. I don't have any.

1308
01:02:49,480 --> 01:02:52,480
Speaker 26: Difficult at all with the idea of these young people

1309
01:02:52,880 --> 01:02:56,880
Speaker 26: having a say about services that affect Then.

1310
01:02:56,920 --> 01:02:58,160
Speaker 4: I hate everything you're saying.

1311
01:02:58,280 --> 01:03:02,080
Speaker 27: What do you say, Nick, Well, somebody is somebody. I

1312
01:03:02,160 --> 01:03:04,320
Speaker 27: got elected to a council when I was nineteen.

1313
01:03:05,440 --> 01:03:07,000
Speaker 4: Yeah, so elected.

1314
01:03:07,160 --> 01:03:09,440
Speaker 27: Yeah, no, No, that's that's the point I'm making. And

1315
01:03:09,680 --> 01:03:12,240
Speaker 27: actually it's easier for young people to get elected these

1316
01:03:12,320 --> 01:03:15,040
Speaker 27: days than it ever has been. So no, I take

1317
01:03:15,080 --> 01:03:18,560
Speaker 27: a pretty dim view. I think that I mean youth. Obviously,

1318
01:03:18,600 --> 01:03:21,600
Speaker 27: I believe that youth participation is important and should be encouraged.

1319
01:03:21,640 --> 01:03:24,000
Speaker 27: But I think voting rights is a step too far

1320
01:03:24,520 --> 01:03:28,440
Speaker 27: because what we we have, you know, we've got a

1321
01:03:28,440 --> 01:03:30,920
Speaker 27: bit complacent, you know, about democracy, and we've seem to

1322
01:03:30,960 --> 01:03:33,200
Speaker 27: be prepared to erode it. We elect a council to

1323
01:03:33,200 --> 01:03:37,120
Speaker 27: make decisions on behalf of a community and resource the

1324
01:03:37,120 --> 01:03:41,120
Speaker 27: youth council, get them involved. But the truth is that

1325
01:03:41,160 --> 01:03:44,760
Speaker 27: a couple of young people on a committee of council

1326
01:03:45,480 --> 01:03:48,160
Speaker 27: not going to represent young people effectively.

1327
01:03:47,800 --> 01:03:48,800
Speaker 19: Anyway, not at all.

1328
01:03:48,800 --> 01:03:49,600
Speaker 6: I'm sorry, and I.

1329
01:03:49,600 --> 01:03:52,680
Speaker 27: Say that with twenty five years of experience.

1330
01:03:53,280 --> 01:03:56,720
Speaker 4: Apologize to me, Nick at all. You made my frown

1331
01:03:56,760 --> 01:03:59,160
Speaker 4: turn upside down. Love it. Thank you very much. Huddle

1332
01:03:59,200 --> 01:04:02,640
Speaker 4: this evening, Mike run Nikoley gets seven away from six on.

1333
01:04:02,680 --> 01:04:05,360
Speaker 2: Your smart speaker, on the iHeart app and in your

1334
01:04:05,400 --> 01:04:08,720
Speaker 2: car on your drive home. Heather Duper see allan drive

1335
01:04:09,200 --> 01:04:12,880
Speaker 2: with one New Zealand one giant leap for Business News

1336
01:04:12,960 --> 01:04:14,760
Speaker 2: Talk as ZB it's.

1337
01:04:14,560 --> 01:04:16,680
Speaker 4: Five away from six. Heather, I can't believe that. The

1338
01:04:16,720 --> 01:04:18,680
Speaker 4: guy from the warehouse said the service is fine and

1339
01:04:18,720 --> 01:04:20,520
Speaker 4: no leming. My experience was the same as you. It

1340
01:04:20,560 --> 01:04:23,919
Speaker 4: was terrible. I would go to Harvey's any day. M Listen,

1341
01:04:24,000 --> 01:04:26,840
Speaker 4: do you remember the woman who did the amazing impersonations

1342
01:04:27,280 --> 01:04:31,320
Speaker 4: of of Scotland's nicholastursion during the COVID pandemic.

1343
01:04:32,000 --> 01:04:34,640
Speaker 28: Hi there, everybody, nucklich here? Just want to ge ze

1344
01:04:34,680 --> 01:04:38,560
Speaker 28: a headtop. That's the viccine have arrived in Scotland. A

1345
01:04:38,560 --> 01:04:41,720
Speaker 28: lot of people talking about the viccine. I said, report

1346
01:04:41,840 --> 01:04:45,680
Speaker 28: that allegedly the long effects of COVID dawn men can

1347
01:04:45,720 --> 01:04:48,560
Speaker 28: be a rectail dysfunction, or as we call it in Scotland.

1348
01:04:48,560 --> 01:04:52,520
Speaker 4: Floppy Horby's Jennie Godley, and she got us through the

1349
01:04:52,560 --> 01:04:54,800
Speaker 4: COVID pandemic. She got beat through the COVID pandemic. She

1350
01:04:54,840 --> 01:04:56,560
Speaker 4: was very funny. I'm very sorry to tell you that

1351
01:04:56,640 --> 01:04:59,640
Speaker 4: she is actually in palliative care. She's revealed today for

1352
01:04:59,760 --> 01:05:01,640
Speaker 4: her in cancer. She thought she was out of the

1353
01:05:01,640 --> 01:05:03,880
Speaker 4: woods a couple of years ago, but then they found

1354
01:05:03,880 --> 01:05:06,360
Speaker 4: some more and she says she just can't take the

1355
01:05:06,440 --> 01:05:07,320
Speaker 4: chemo anymore.

1356
01:05:08,120 --> 01:05:11,240
Speaker 29: As devastating news to know that I'm fasting and belief,

1357
01:05:12,120 --> 01:05:16,000
Speaker 29: but we'll come to your name sometime. I want to

1358
01:05:16,040 --> 01:05:17,840
Speaker 29: thank everybody for supporting.

1359
01:05:17,440 --> 01:05:19,920
Speaker 4: The family, especially Ashley and my husband.

1360
01:05:21,680 --> 01:05:25,480
Speaker 29: The overwhelming support has been amazing and I don't know

1361
01:05:25,520 --> 01:05:27,680
Speaker 29: how long I've got left before anybody asks.

1362
01:05:28,120 --> 01:05:31,400
Speaker 4: I'm not a TikTok, so you've still got a sad subhuma,

1363
01:05:31,440 --> 01:05:36,040
Speaker 4: which is lovely. Listen the UAE FTA. Okay, so this

1364
01:05:36,120 --> 01:05:38,440
Speaker 4: is interesting from Jeffrey Miller, who's done a little bit

1365
01:05:38,480 --> 01:05:41,520
Speaker 4: of analysis on this. He's done an Official Information Act

1366
01:05:41,680 --> 01:05:45,120
Speaker 4: at request and found out that actually the UAE asked

1367
01:05:45,240 --> 01:05:47,480
Speaker 4: US for an FTA, a free trade agreement, all the

1368
01:05:47,480 --> 01:05:50,840
Speaker 4: way back in November twenty twenty one, but apparently New

1369
01:05:50,920 --> 01:05:55,280
Speaker 4: Zealand initially played hard to get, offering only holding responses

1370
01:05:55,600 --> 01:05:58,680
Speaker 4: noting that we remain focus on concluding negotiations with the

1371
01:05:58,720 --> 01:06:01,560
Speaker 4: GCC as a whole, which is to say, had the

1372
01:06:01,800 --> 01:06:04,920
Speaker 4: durn government and then the Hipkins government actually wanted to

1373
01:06:04,960 --> 01:06:06,840
Speaker 4: sign this deal, they may have been able to, but

1374
01:06:06,880 --> 01:06:09,439
Speaker 4: they they played hard to get. Why would you play

1375
01:06:09,480 --> 01:06:09,880
Speaker 4: hard to get?

1376
01:06:09,960 --> 01:06:10,280
Speaker 3: Anyway?

1377
01:06:10,360 --> 01:06:13,280
Speaker 4: Never mind? And then apparently also part of the attraction

1378
01:06:13,400 --> 01:06:16,560
Speaker 4: for US as investment opportunities in our infrastructure because the

1379
01:06:16,640 --> 01:06:18,920
Speaker 4: UAE is home to three of the world's biggest sovereign

1380
01:06:19,000 --> 01:06:21,440
Speaker 4: wealth funds, so that may explain why we really want

1381
01:06:21,480 --> 01:06:26,200
Speaker 4: this trade Minister Tom McLay Next.

1382
01:06:30,600 --> 01:06:34,240
Speaker 2: We're Business Insight the Business Hour.

1383
01:06:34,520 --> 01:06:39,440
Speaker 1: We'd headed due to c Allen and my hr on NEWSGSB.

1384
01:06:42,320 --> 01:06:44,120
Speaker 4: Even and coming up in the next hour and talk

1385
01:06:44,120 --> 01:06:46,520
Speaker 4: to Liam Dan about the warehouse, Jamie McKay about the

1386
01:06:46,520 --> 01:06:49,640
Speaker 4: Fonterra results, and Sam Dickey about the dominance on the

1387
01:06:49,680 --> 01:06:52,920
Speaker 4: computer chip market of the company Intel. Right now, it's

1388
01:06:52,960 --> 01:06:55,120
Speaker 4: coming up eight past six. Now New Zealand has struck

1389
01:06:55,120 --> 01:06:58,520
Speaker 4: its fastest ever free trade deal with the United Arab Emirates,

1390
01:06:58,600 --> 01:07:01,120
Speaker 4: as in the fastest we're ever done, and it happens

1391
01:07:01,160 --> 01:07:03,840
Speaker 4: to be with the UAE. The deal will lift duties

1392
01:07:03,840 --> 01:07:06,800
Speaker 4: on ninety eight point five percent of New Zealand's exports immediately.

1393
01:07:06,800 --> 01:07:09,200
Speaker 4: That will rise to ninety nine percent within three years.

1394
01:07:09,440 --> 01:07:11,520
Speaker 4: And the deal was all done within four months after

1395
01:07:11,560 --> 01:07:14,600
Speaker 4: the negotiations first started in May. The Trade Minister is

1396
01:07:14,600 --> 01:07:17,400
Speaker 4: Todd mclayey. Todd, Hey, Heather, how are you, Jim welthin?

1397
01:07:17,640 --> 01:07:19,320
Speaker 4: How did you manage to do it this quickly?

1398
01:07:19,880 --> 01:07:20,120
Speaker 7: Well?

1399
01:07:20,200 --> 01:07:20,760
Speaker 19: Two things.

1400
01:07:21,040 --> 01:07:24,640
Speaker 30: I first met with the UA Trade Minister in January

1401
01:07:25,000 --> 01:07:26,920
Speaker 30: of this year end of January, and I raised the

1402
01:07:26,960 --> 01:07:30,280
Speaker 30: prospect of a trade deal and said that I'd go

1403
01:07:30,320 --> 01:07:32,040
Speaker 30: home and talk to my Prime minister, but we're going

1404
01:07:32,080 --> 01:07:34,120
Speaker 30: to do one, let's be serious. I was back just

1405
01:07:34,280 --> 01:07:37,000
Speaker 30: about a month later when he hosted the Trade Minster

1406
01:07:37,080 --> 01:07:39,040
Speaker 30: meeting and I was one of his vice chairs there

1407
01:07:39,400 --> 01:07:41,560
Speaker 30: and we made a commitment together then that if we

1408
01:07:41,600 --> 01:07:44,120
Speaker 30: were going to do this, let's try and do it

1409
01:07:44,200 --> 01:07:46,920
Speaker 30: the fastest that has been done and one of the

1410
01:07:46,960 --> 01:07:49,440
Speaker 30: most ambitious, and said, you know, why don't we try

1411
01:07:49,880 --> 01:07:53,440
Speaker 30: and do everything entry into fourth on day one, and

1412
01:07:53,520 --> 01:07:57,280
Speaker 30: we've been sweating and working on negotiators hard for four months,

1413
01:07:57,280 --> 01:08:02,400
Speaker 30: including the UAE so holiday, and today we've announced it.

1414
01:08:02,440 --> 01:08:04,520
Speaker 30: And this is really good news for New Zealand exporters.

1415
01:08:04,600 --> 01:08:07,720
Speaker 30: It's actually good for every single sector in New Zealand.

1416
01:08:07,920 --> 01:08:10,760
Speaker 30: There are huge opportunities in that market that's just growing

1417
01:08:10,800 --> 01:08:11,160
Speaker 30: for us.

1418
01:08:11,760 --> 01:08:14,800
Speaker 4: How much smaller is this FTA than an FTA with

1419
01:08:14,840 --> 01:08:15,520
Speaker 4: the GCC.

1420
01:08:17,160 --> 01:08:19,759
Speaker 19: Well, our trade with the UAE.

1421
01:08:20,200 --> 01:08:23,040
Speaker 30: We sell them at one point one billion dollars worth

1422
01:08:23,120 --> 01:08:26,719
Speaker 30: of goods every year. Majority of that about seven hundred

1423
01:08:26,760 --> 01:08:30,680
Speaker 30: million is dairy. Our trade with Saudi, which is the

1424
01:08:30,720 --> 01:08:32,960
Speaker 30: largest country there is about the same size. So this

1425
01:08:33,080 --> 01:08:36,760
Speaker 30: is important to us and it is significant, but it

1426
01:08:36,800 --> 01:08:40,040
Speaker 30: is complementary. The Trade minister who's down here, we finished

1427
01:08:40,040 --> 01:08:42,960
Speaker 30: the negotiation together last night. Just a few little issues

1428
01:08:43,000 --> 01:08:45,440
Speaker 30: to go through. He was asked in the press conference,

1429
01:08:46,120 --> 01:08:48,760
Speaker 30: you know, is this instead of is an issue for

1430
01:08:48,800 --> 01:08:51,559
Speaker 30: the GCC deal. He said, no, it's complementary, and he

1431
01:08:51,600 --> 01:08:55,160
Speaker 30: said it believes Edward help. Now the GCC has been

1432
01:08:55,160 --> 01:08:57,240
Speaker 30: you know, it's been sitting there for seventeen years. Don't

1433
01:08:57,240 --> 01:08:59,559
Speaker 30: want to get hopes up, but I have been meeting

1434
01:08:59,560 --> 01:09:02,599
Speaker 30: with others. There are Kaitar prime ministers, at Trade Minister

1435
01:09:02,640 --> 01:09:05,760
Speaker 30: and also the Saudi minister and there is interest in

1436
01:09:05,760 --> 01:09:07,800
Speaker 30: New Zealand again. But you know, we've got a little

1437
01:09:07,840 --> 01:09:10,760
Speaker 30: way to go. So this is complementary. It's a great,

1438
01:09:10,760 --> 01:09:14,519
Speaker 30: great start. It's worth celebrating, and there's a foothold in

1439
01:09:14,600 --> 01:09:15,360
Speaker 30: the Middle East.

1440
01:09:15,400 --> 01:09:16,800
Speaker 1: Our first is.

1441
01:09:16,840 --> 01:09:20,080
Speaker 4: Part of our attraction, the possibility of attracting their investment

1442
01:09:20,120 --> 01:09:22,639
Speaker 4: money in because it's been noted that they have about

1443
01:09:22,680 --> 01:09:24,840
Speaker 4: three of the world's biggest sovereign wealth funds there.

1444
01:09:25,800 --> 01:09:29,599
Speaker 30: Yeah, they do, and so investment is part of this agreement.

1445
01:09:29,640 --> 01:09:33,120
Speaker 30: We also negotiated a bilateral investment agreement and all that

1446
01:09:33,200 --> 01:09:36,200
Speaker 30: really does is give certainty to investors in both sides

1447
01:09:36,320 --> 01:09:39,800
Speaker 30: levels of playing field. It doesn't include that ISDS, that

1448
01:09:39,920 --> 01:09:43,599
Speaker 30: investor state dispute settlement mechanism that so many people were

1449
01:09:43,640 --> 01:09:46,080
Speaker 30: worried about. We took that off the table and we

1450
01:09:46,120 --> 01:09:48,280
Speaker 30: didn't do it. There is interest in New Zealand, but

1451
01:09:48,320 --> 01:09:51,440
Speaker 30: their interests in working with us and could be an infrastructure.

1452
01:09:51,760 --> 01:09:54,120
Speaker 30: They have a lot of interest in food security. They

1453
01:09:54,160 --> 01:09:57,240
Speaker 30: want to be able to buy high quality, safe food

1454
01:09:57,800 --> 01:10:00,000
Speaker 30: from New Zealand, the food we produce so they can

1455
01:10:00,000 --> 01:10:03,479
Speaker 30: and continue to feed their population as it grows. So yes,

1456
01:10:03,680 --> 01:10:05,920
Speaker 30: but there's also a really big part of the agreement

1457
01:10:05,960 --> 01:10:08,400
Speaker 30: is around services and we have a number of QWI

1458
01:10:08,400 --> 01:10:11,519
Speaker 30: companies up there doing well. Look, it's just a big

1459
01:10:11,560 --> 01:10:14,280
Speaker 30: growing market. Many more New Zealand companies are going to

1460
01:10:14,280 --> 01:10:15,920
Speaker 30: find it easy to go up there and do business.

1461
01:10:15,920 --> 01:10:17,160
Speaker 4: Now do you think that they're going to put money

1462
01:10:17,200 --> 01:10:18,960
Speaker 4: into us? Are they going to invest into us?

1463
01:10:19,400 --> 01:10:22,240
Speaker 30: Well, they bought a big business delegation down here with

1464
01:10:22,280 --> 01:10:25,280
Speaker 30: them and they've been having business to business meetings and

1465
01:10:25,720 --> 01:10:29,000
Speaker 30: I hear from the delegation of the businessmen on both sides,

1466
01:10:29,080 --> 01:10:32,240
Speaker 30: men and women, is constructive and they see some opportunities.

1467
01:10:32,400 --> 01:10:33,920
Speaker 30: So I think we should just see that as at

1468
01:10:34,320 --> 01:10:36,479
Speaker 30: a first sort of foothold. They've come and have a look.

1469
01:10:37,000 --> 01:10:39,519
Speaker 30: The one thing that does happen whenever you sign a

1470
01:10:39,640 --> 01:10:43,160
Speaker 30: trade deal with another country, as trade grows and investment grows,

1471
01:10:43,160 --> 01:10:45,599
Speaker 30: and it happens without a government being involved. But we're

1472
01:10:45,600 --> 01:10:47,160
Speaker 30: pretty keen to see if there are ways they can

1473
01:10:47,200 --> 01:10:50,600
Speaker 30: invest in our economy that is good for all New Zealanders.

1474
01:10:50,680 --> 01:10:52,280
Speaker 30: And you know they have said they want to come

1475
01:10:52,280 --> 01:10:54,280
Speaker 30: a look at that, so there are certainly going to

1476
01:10:54,280 --> 01:10:56,519
Speaker 30: be some opportunities. We'll have a look and test out

1477
01:10:56,520 --> 01:10:58,559
Speaker 30: where they should be and make sure they are good

1478
01:10:58,560 --> 01:11:00,000
Speaker 30: for New Zealand if we bring that investment.

1479
01:11:00,280 --> 01:11:04,280
Speaker 4: Todd, isn't true that they actually wanted to strike an

1480
01:11:04,320 --> 01:11:07,599
Speaker 4: FTA with US as far back as poor I think

1481
01:11:07,600 --> 01:11:09,360
Speaker 4: it was November twenty twenty one, I read, But we

1482
01:11:09,400 --> 01:11:11,479
Speaker 4: played hard to get.

1483
01:11:11,200 --> 01:11:13,479
Speaker 30: So in two thousand and eight there was all but

1484
01:11:13,960 --> 01:11:17,160
Speaker 30: an agreement on the table, but then the GCC said

1485
01:11:17,160 --> 01:11:19,800
Speaker 30: to them we would prefer to do a region wide one,

1486
01:11:20,080 --> 01:11:23,280
Speaker 30: so the UEA stepped back. I do think that look,

1487
01:11:23,280 --> 01:11:26,360
Speaker 30: I understand a few years ago, before we came to government,

1488
01:11:26,400 --> 01:11:29,160
Speaker 30: they showed renewed interest, but it didn't get off the ground.

1489
01:11:29,160 --> 01:11:32,160
Speaker 30: There's probably a range of reasons for that. But actually,

1490
01:11:32,400 --> 01:11:34,360
Speaker 30: you know, when I became Trade Minister, I said to

1491
01:11:34,479 --> 01:11:37,120
Speaker 30: Christopher Luxeen, you know that I think there's a big

1492
01:11:37,160 --> 01:11:40,360
Speaker 30: opportunity there we could do something. He said, your job

1493
01:11:40,400 --> 01:11:42,120
Speaker 30: to get out of the world stage and hustle for

1494
01:11:42,240 --> 01:11:44,600
Speaker 30: New Zealand exporterers. And you know we've been able to

1495
01:11:44,680 --> 01:11:47,679
Speaker 30: do this and it is it's actually less than one

1496
01:11:47,760 --> 01:11:50,240
Speaker 30: hundred working days. A touch of caution.

1497
01:11:50,479 --> 01:11:51,799
Speaker 19: I don't think the next ones.

1498
01:11:51,560 --> 01:11:54,160
Speaker 30: Will be doing will be as straightforward as us, but

1499
01:11:54,240 --> 01:11:56,440
Speaker 30: we will just work hard to make sure we can deliver.

1500
01:11:56,280 --> 01:11:58,400
Speaker 19: Quality and we're not leaving anything to anything.

1501
01:11:58,400 --> 01:12:00,280
Speaker 30: We can get this good for New Zealanders going to

1502
01:12:00,280 --> 01:12:01,639
Speaker 30: be out there doing that brilliant stuff.

1503
01:12:01,640 --> 01:12:03,960
Speaker 4: Hey Todd, thank you really appreciate your time. That's Tod McLay,

1504
01:12:03,960 --> 01:12:08,240
Speaker 4: the Trade Minister. Hither the hey, small spender campaign from

1505
01:12:08,240 --> 01:12:11,240
Speaker 4: the warehouse absolutely sucked. New Zealanders don't need a further

1506
01:12:11,320 --> 01:12:14,360
Speaker 4: inferior inferiority complex. That's from David. David, thank you for that.

1507
01:12:14,560 --> 01:12:16,839
Speaker 4: As you're gonna talk to Liam Dan about the warehouse

1508
01:12:16,880 --> 01:12:18,880
Speaker 4: when he's with us just after the break before we

1509
01:12:18,920 --> 01:12:22,080
Speaker 4: go to it. Though, there are now calls for the

1510
01:12:22,160 --> 01:12:24,839
Speaker 4: law to be changed to force companies like that contractor

1511
01:12:24,840 --> 01:12:26,759
Speaker 4: whose people pulled out the nuts on the power pylon

1512
01:12:27,160 --> 01:12:31,160
Speaker 4: to actually be legally obligated and compelled to fess up

1513
01:12:31,200 --> 01:12:35,360
Speaker 4: and say what happened, because yesterday we sort of got

1514
01:12:35,360 --> 01:12:37,679
Speaker 4: a bit of a hint of it, and basically reading

1515
01:12:37,720 --> 01:12:40,840
Speaker 4: all the stories subsequently overnight, it's now abundantly clear that

1516
01:12:40,960 --> 01:12:45,080
Speaker 4: what happened was Omexom. These are the contractors trans It

1517
01:12:45,120 --> 01:12:47,839
Speaker 4: wasn't Transpower's problem at all. I don't know why Transpower

1518
01:12:47,920 --> 01:12:51,599
Speaker 4: even owned this, and in any way, it was ome Exom.

1519
01:12:51,920 --> 01:12:53,559
Speaker 4: They were the ones who did it. They were the

1520
01:12:53,560 --> 01:12:55,639
Speaker 4: ones who were actually responsible, and it wasn't the only

1521
01:12:55,720 --> 01:12:58,040
Speaker 4: time that their crews had also pulled out the nuts

1522
01:12:58,040 --> 01:13:01,960
Speaker 4: and multiple legs of a power pylon. But they refused

1523
01:13:01,960 --> 01:13:05,800
Speaker 4: when the electricity authority was doing their their own investigation,

1524
01:13:05,840 --> 01:13:08,559
Speaker 4: which is one we got yesterday, Omixon refused to tell

1525
01:13:08,560 --> 01:13:11,439
Speaker 4: the electricity authority what had happened. Omics had done its

1526
01:13:11,479 --> 01:13:14,960
Speaker 4: own internal review, they refused to release that review to

1527
01:13:15,000 --> 01:13:17,320
Speaker 4: the electricity authority to be released to the public, and

1528
01:13:17,360 --> 01:13:21,160
Speaker 4: they cited legal privilege as the reason for denying access

1529
01:13:21,200 --> 01:13:24,320
Speaker 4: to certain documents. Obviously, what they meant by legal privilege

1530
01:13:24,360 --> 01:13:27,840
Speaker 4: was legal liability, because if we see what's in there,

1531
01:13:27,880 --> 01:13:30,000
Speaker 4: maybe some people are going to come after them for it,

1532
01:13:30,240 --> 01:13:32,599
Speaker 4: and now the law needs to change the electricity authorities

1533
01:13:32,640 --> 01:13:34,360
Speaker 4: like this can't happen again. We've got to change the law.

1534
01:13:34,400 --> 01:13:37,920
Speaker 4: So next time Omixon has to tell us fourteen PUS six.

1535
01:13:38,640 --> 01:13:41,920
Speaker 1: Crunching the numbers and getting the results. It's heather due

1536
01:13:41,960 --> 01:13:45,320
Speaker 1: toic Ellen with the business hours thanks to my HR,

1537
01:13:45,560 --> 01:13:48,480
Speaker 1: the HR platform for SME on news talks.

1538
01:13:48,400 --> 01:13:52,360
Speaker 4: V Jamie McKay with us shortly right now. Seventeen passis now.

1539
01:13:52,360 --> 01:13:54,960
Speaker 4: The warehouse is licking its wounds after delivering a very

1540
01:13:54,960 --> 01:13:58,160
Speaker 4: bad result today they recorded a fifty four million dollar

1541
01:13:58,240 --> 01:14:00,000
Speaker 4: loss for the year. I spoke to the interim Cheer

1542
01:14:00,200 --> 01:14:01,719
Speaker 4: executive John Drewnet earlier.

1543
01:14:02,800 --> 01:14:05,000
Speaker 7: Was certainly not where we need to be, and the

1544
01:14:05,040 --> 01:14:07,880
Speaker 7: result was a poor performance. We had a strategy set

1545
01:14:07,920 --> 01:14:10,960
Speaker 7: about five years ago that was in hindsight to ambitious

1546
01:14:11,560 --> 01:14:15,360
Speaker 7: and also distracted us from looking after our core brands

1547
01:14:15,400 --> 01:14:17,280
Speaker 7: at the level of detail that we need.

1548
01:14:17,360 --> 01:14:20,960
Speaker 4: Liam dan Is, the Herald's business entitor at larger with us. Now, hey, Liamgther,

1549
01:14:21,040 --> 01:14:22,320
Speaker 4: you reckon they can turn this around.

1550
01:14:23,640 --> 01:14:24,560
Speaker 19: I'm skeptical.

1551
01:14:24,920 --> 01:14:27,160
Speaker 31: I mean, you know, good luck to them to some extent,

1552
01:14:27,200 --> 01:14:32,400
Speaker 31: although I was a big supporter of Stephen Tyndall and

1553
01:14:32,479 --> 01:14:35,439
Speaker 31: his private equity partners the bid there and that you know,

1554
01:14:35,479 --> 01:14:38,280
Speaker 31: the speculation was that they were looking to basically turn

1555
01:14:38,320 --> 01:14:41,120
Speaker 31: it into the third supermarket chain, which had a lot

1556
01:14:41,160 --> 01:14:43,880
Speaker 31: of you know, appeal to me, partly because I'm a

1557
01:14:43,920 --> 01:14:47,840
Speaker 31: business journalist and was excited about a big takeover and

1558
01:14:48,160 --> 01:14:51,040
Speaker 31: a lot of change. But you know, you could see

1559
01:14:51,080 --> 01:14:53,120
Speaker 31: the value of New Zealand and you just you look

1560
01:14:53,160 --> 01:14:55,040
Speaker 31: at the Warehouse Group and you know, a year five

1561
01:14:55,120 --> 01:14:57,479
Speaker 31: years ago, but gee, a lot has changed in the

1562
01:14:57,560 --> 01:15:00,800
Speaker 31: last five years. I think the amount of stuff that

1563
01:15:00,800 --> 01:15:03,840
Speaker 31: we're importing direct from China now, the cheap, cheap goods

1564
01:15:03,840 --> 01:15:05,640
Speaker 31: that used to be the sort of staple for the

1565
01:15:05,640 --> 01:15:09,280
Speaker 31: Warehouse has sword. I mean it's I think I saw

1566
01:15:09,320 --> 01:15:14,439
Speaker 31: something in the GDP numbers that they skyrocketed, you know,

1567
01:15:14,479 --> 01:15:17,040
Speaker 31: fifty percent in the last year. The amount of imports

1568
01:15:17,080 --> 01:15:19,720
Speaker 31: we're doing directly as in you know, from the likes

1569
01:15:19,720 --> 01:15:22,360
Speaker 31: of team who basically so they're up against it there,

1570
01:15:22,760 --> 01:15:24,600
Speaker 31: and then they're up against it with the likes of

1571
01:15:24,680 --> 01:15:27,880
Speaker 31: your Costco and Kmart, which is now decided it is

1572
01:15:27,960 --> 01:15:31,439
Speaker 31: going to expand see some opportunity. So it's tough as

1573
01:15:31,439 --> 01:15:34,240
Speaker 31: a value proposition, and they didn't do very well through

1574
01:15:34,240 --> 01:15:37,320
Speaker 31: a period where people were looking for value, so you know,

1575
01:15:38,000 --> 01:15:41,160
Speaker 31: maybe they can turn it around. I think they're looking

1576
01:15:41,200 --> 01:15:43,840
Speaker 31: at some looking at it from some very different parameters,

1577
01:15:44,200 --> 01:15:46,840
Speaker 31: I guess to Tyndall, But yeah.

1578
01:15:46,880 --> 01:15:48,599
Speaker 4: If they're going to turn it around, and they need

1579
01:15:48,640 --> 01:15:51,479
Speaker 4: to focus on the core business today abandoned the supermarket idea.

1580
01:15:52,560 --> 01:15:55,320
Speaker 31: Well they're saying, you know, it's not very lucrative as

1581
01:15:55,320 --> 01:15:57,880
Speaker 31: it is, and of course you know that means there's

1582
01:15:57,880 --> 01:16:00,759
Speaker 31: not much incentive to incrementally add to it at the moment,

1583
01:16:00,760 --> 01:16:03,479
Speaker 31: so they're trying to get back to core business. I

1584
01:16:03,479 --> 01:16:06,080
Speaker 31: think what Stephen Tindall was looking at was something quite radical,

1585
01:16:06,120 --> 01:16:09,519
Speaker 31: which you can only do if you know you reinvent

1586
01:16:09,560 --> 01:16:13,200
Speaker 31: the company. And he's someone who probably well he definitely

1587
01:16:13,200 --> 01:16:14,800
Speaker 31: has a deep love of the brand and a lot

1588
01:16:14,840 --> 01:16:16,920
Speaker 31: invested in the brand and wants to see it have

1589
01:16:17,000 --> 01:16:20,160
Speaker 31: a long legacy and not dwindle away, so he's prepared

1590
01:16:20,200 --> 01:16:23,519
Speaker 31: to try something quite quite radical. I can understand why

1591
01:16:23,560 --> 01:16:25,920
Speaker 31: the board and the current management, you know, within the

1592
01:16:25,960 --> 01:16:30,479
Speaker 31: parameters they're working, can't take on that strategy because it's

1593
01:16:30,520 --> 01:16:32,800
Speaker 31: too big. The shareholders didn't go for it, and in

1594
01:16:32,840 --> 01:16:36,280
Speaker 31: particular we know the Normans who own own the family

1595
01:16:36,280 --> 01:16:38,960
Speaker 31: who owns the Farmers Group, they own twenty percent of

1596
01:16:39,000 --> 01:16:42,000
Speaker 31: the warehouse, and Stephen Tindall and these private equity guys

1597
01:16:42,000 --> 01:16:45,160
Speaker 31: were unable to convince them. But I would not be

1598
01:16:45,200 --> 01:16:46,960
Speaker 31: surprised to see him have another go. You know, it's

1599
01:16:47,000 --> 01:16:49,680
Speaker 31: a lot to do with price and money. Obviously, it's

1600
01:16:49,680 --> 01:16:51,120
Speaker 31: a it's almost all to do with that.

1601
01:16:51,640 --> 01:16:51,840
Speaker 10: You know.

1602
01:16:52,240 --> 01:16:55,639
Speaker 31: And so if it doesn't turn around in the next

1603
01:16:56,200 --> 01:16:59,360
Speaker 31: year or so, Stephen Tindall may well be back, because

1604
01:16:59,840 --> 01:17:03,960
Speaker 31: you know, after she is don't come up, then his

1605
01:17:04,080 --> 01:17:05,679
Speaker 31: offer is going to start looking pretty good.

1606
01:17:05,840 --> 01:17:08,320
Speaker 4: Yeah, yeah, fair point. Hallam as always really appreciated.

1607
01:17:08,360 --> 01:17:08,600
Speaker 7: Thank you.

1608
01:17:08,640 --> 01:17:11,679
Speaker 4: That's Liam Dan, the Herald's Business setitor at Large. By

1609
01:17:11,760 --> 01:17:16,479
Speaker 4: the way, Carmen has done her first solo interview of

1610
01:17:16,720 --> 01:17:22,160
Speaker 4: first solo interview, first solo interview of her presidential campaign.

1611
01:17:23,040 --> 01:17:25,840
Speaker 4: No comfort human sitting with her by his girl by

1612
01:17:25,880 --> 01:17:27,799
Speaker 4: herself type.

1613
01:17:27,800 --> 01:17:32,400
Speaker 32: Economists in our country, from Nobel Laureates to people at

1614
01:17:32,680 --> 01:17:36,280
Speaker 32: Moody's and Goldman Sachs have compared my plan with his

1615
01:17:36,600 --> 01:17:39,960
Speaker 32: and said my plan would grow the economy, his which

1616
01:17:40,000 --> 01:17:43,680
Speaker 32: shrink the economy. Some of them have actually assessed that

1617
01:17:43,800 --> 01:17:47,880
Speaker 32: his plan would increase inflestion and invader recession by the

1618
01:17:47,880 --> 01:17:48,840
Speaker 32: middle of the next year.

1619
01:17:49,240 --> 01:17:51,760
Speaker 4: It was on the MSNBC, which is obviously going to

1620
01:17:51,800 --> 01:17:55,720
Speaker 4: be more partial to her than Trumpy and the panel. Afterwards.

1621
01:17:55,760 --> 01:17:57,479
Speaker 4: They were loving it. They thought she was great.

1622
01:17:57,400 --> 01:18:00,160
Speaker 1: When she's delivering these messages. Now I think she keeps

1623
01:18:00,160 --> 01:18:01,120
Speaker 1: getting better.

1624
01:18:00,960 --> 01:18:05,200
Speaker 20: When she talks about policy of also adding a little dollup.

1625
01:18:04,840 --> 01:18:06,960
Speaker 1: Of a tweak that is going to get under Trump's skin.

1626
01:18:08,320 --> 01:18:11,599
Speaker 4: Yeah, soe you go doing well. Okay, listen, we're gonna

1627
01:18:11,600 --> 01:18:14,120
Speaker 4: We're gonna have to deal with this. I cannot tell

1628
01:18:14,120 --> 01:18:16,240
Speaker 4: you the number of texts I get on this particular

1629
01:18:16,320 --> 01:18:20,120
Speaker 4: issue consistently. For goodness sake, Heather, it's the bolts that

1630
01:18:20,160 --> 01:18:22,439
Speaker 4: have been taken out. They've called the pylon to topple

1631
01:18:22,479 --> 01:18:24,840
Speaker 4: the nuts. Only keep the bolt in place, you bloody Metro.

1632
01:18:24,920 --> 01:18:28,519
Speaker 4: Thank you, Hayden. Now hold on a Teck Hayden, because

1633
01:18:28,640 --> 01:18:31,720
Speaker 4: how do you know? You don't know the bolts got

1634
01:18:31,720 --> 01:18:34,000
Speaker 4: taken out. That's the one thing you don't know. We

1635
01:18:34,080 --> 01:18:37,200
Speaker 4: know the bolts are in there. The nuts definitely got

1636
01:18:37,240 --> 01:18:39,200
Speaker 4: taken out because you'd have to take the nuts out

1637
01:18:39,240 --> 01:18:40,840
Speaker 4: to take the bolts out, right, So the nuts have

1638
01:18:40,920 --> 01:18:43,000
Speaker 4: come out? Do we know the bolts have come out?

1639
01:18:43,479 --> 01:18:45,280
Speaker 4: Do we know that for sure? Because I think of

1640
01:18:45,320 --> 01:18:47,719
Speaker 4: the nuts, you already you're already, that's already, the pilon's

1641
01:18:47,760 --> 01:18:50,960
Speaker 4: already fallen. But with the how do you know? Can

1642
01:18:51,000 --> 01:18:53,840
Speaker 4: we settle this thing? I'm taking I'm taking your advice

1643
01:18:53,880 --> 01:18:56,840
Speaker 4: on this right now. And I much rather here from

1644
01:18:56,880 --> 01:18:59,759
Speaker 4: engineers and builders frankly, than you know, like radio hosts.

1645
01:19:00,080 --> 01:19:01,759
Speaker 4: But what are we talking about? Is it the nuts?

1646
01:19:02,280 --> 01:19:04,920
Speaker 4: Is it the bolts? Is it both? Six twenty two

1647
01:19:05,600 --> 01:19:06,559
Speaker 4: nine two nine two is.

1648
01:19:06,479 --> 01:19:10,160
Speaker 1: The text number everything from SMEs to the big corporates.

1649
01:19:10,280 --> 01:19:14,040
Speaker 1: The Business Hour with Heather duplicy Alis and my HR

1650
01:19:14,320 --> 01:19:17,960
Speaker 1: the HR solution for busy SMEs on News TALKSBB.

1651
01:19:18,760 --> 01:19:22,080
Speaker 4: It's it's the nuts, Hayden, your metro, Heather, it's the nuts.

1652
01:19:22,080 --> 01:19:24,599
Speaker 4: The bolt would be cast into the concrete. You're right, Heather,

1653
01:19:24,600 --> 01:19:26,799
Speaker 4: it's a high probability that they use cast in bolts

1654
01:19:26,800 --> 01:19:29,200
Speaker 4: and only the nuts were removed. So there we go.

1655
01:19:29,479 --> 01:19:31,840
Speaker 4: How about me, lady splain and that engineering too. You're

1656
01:19:31,880 --> 01:19:34,160
Speaker 4: six twenty five and with me right now is Jamie McKay,

1657
01:19:34,560 --> 01:19:35,960
Speaker 4: Host of the Country. Hello, Jamie.

1658
01:19:36,720 --> 01:19:40,040
Speaker 33: Gooda Heather and congratulations on little Heather on the way.

1659
01:19:40,360 --> 01:19:40,839
Speaker 10: Wonderful.

1660
01:19:40,920 --> 01:19:43,719
Speaker 33: You've got the complete seat. It's like getting those rewards

1661
01:19:43,720 --> 01:19:45,800
Speaker 33: from the grocery store. You've got a bang on.

1662
01:19:46,080 --> 01:19:50,200
Speaker 4: I'm taking so totally totally stuck for names, so I'm

1663
01:19:50,240 --> 01:19:53,200
Speaker 4: taking advice on family names. My mum on my side

1664
01:19:53,200 --> 01:19:57,760
Speaker 4: of the family has come up with Estelle apparently or Elizabeth,

1665
01:19:58,400 --> 01:20:00,320
Speaker 4: and your side of the family.

1666
01:20:00,200 --> 01:20:04,880
Speaker 33: Has it's a question for me or Barry.

1667
01:20:05,040 --> 01:20:11,800
Speaker 4: Well, you've got the same family. Oh, any woman in

1668
01:20:11,800 --> 01:20:17,120
Speaker 4: the family right now, I'm I'll just get a look.

1669
01:20:17,160 --> 01:20:21,519
Speaker 33: I think I'm giving people advice on on baby names

1670
01:20:21,520 --> 01:20:24,439
Speaker 33: as like it's just that's it's something you just can't

1671
01:20:24,439 --> 01:20:31,880
Speaker 33: want it. Well, that's a bit well, I guess it's.

1672
01:20:34,760 --> 01:20:35,880
Speaker 19: Please head of the blows.

1673
01:20:36,080 --> 01:20:39,400
Speaker 33: You're raining the blows down upon me From a poor

1674
01:20:39,479 --> 01:20:42,640
Speaker 33: southern semi farmer, not really a farmer, I'm I'm a.

1675
01:20:42,720 --> 01:20:45,280
Speaker 33: I'm a I'm a George Street farmer. But I've got

1676
01:20:45,320 --> 01:20:48,400
Speaker 33: a very farm meeting by zoom later on tonight. I'm

1677
01:20:48,439 --> 01:20:50,880
Speaker 33: going to have to ponder how we can survive the

1678
01:20:51,000 --> 01:20:54,120
Speaker 33: mud and the mire and the swamp and the paddy

1679
01:20:54,360 --> 01:20:56,559
Speaker 33: paddy rice fields that is Southland at the moment.

1680
01:20:57,840 --> 01:20:59,920
Speaker 4: Trying to change the subject, don't you. I just want

1681
01:20:59,920 --> 01:21:02,120
Speaker 4: to apart from that, Heather, Yeah, can I just apologize

1682
01:21:02,200 --> 01:21:03,760
Speaker 4: quickly for all of those sound effects. It's not me,

1683
01:21:03,760 --> 01:21:05,720
Speaker 4: it's producer and he's found the button and loves it.

1684
01:21:05,960 --> 01:21:07,640
Speaker 4: Carry on, Jamie.

1685
01:21:08,000 --> 01:21:10,600
Speaker 33: Well, apart from the weather down south, it's been a

1686
01:21:10,600 --> 01:21:12,519
Speaker 33: good week for farmers here that I know. You just

1687
01:21:12,560 --> 01:21:16,880
Speaker 33: talked to Todd McLay about the FTA with the UAE.

1688
01:21:17,880 --> 01:21:20,920
Speaker 33: That's a good deal. It's a good I mean it's

1689
01:21:20,920 --> 01:21:22,639
Speaker 33: a bit of a one sided trade deal. I think

1690
01:21:22,640 --> 01:21:24,880
Speaker 33: we do one point three billion with them. They do

1691
01:21:24,960 --> 01:21:28,040
Speaker 33: something like one hundred and fifty million or something. Well, yeah,

1692
01:21:28,040 --> 01:21:30,200
Speaker 33: one hundred and fifty million with us. It's a good look,

1693
01:21:30,240 --> 01:21:31,880
Speaker 33: that's a really good deal for us. I think the

1694
01:21:31,880 --> 01:21:33,800
Speaker 33: big story is and I know you covered this one

1695
01:21:33,920 --> 01:21:38,679
Speaker 33: yesterday as well as the Fonterra announcement, and I will

1696
01:21:39,200 --> 01:21:41,360
Speaker 33: temper that or qualify it by saying I got my

1697
01:21:41,439 --> 01:21:44,960
Speaker 33: ear chewed today by a grumpy west Otago dairy farmer.

1698
01:21:45,000 --> 01:21:46,800
Speaker 33: I think in her case it was just because it

1699
01:21:46,800 --> 01:21:49,200
Speaker 33: had been raining for a month solid. But she said

1700
01:21:49,240 --> 01:21:53,200
Speaker 33: to me, stop talking up the dairy price at nine dollars.

1701
01:21:53,840 --> 01:21:56,559
Speaker 33: Everyone's going to be trying ripping off farmers and selling

1702
01:21:56,600 --> 01:21:58,840
Speaker 33: and stuff they can't afford. And I said, look, it

1703
01:21:58,920 --> 01:22:01,040
Speaker 33: is a good news story. I did some sums just

1704
01:22:01,080 --> 01:22:03,600
Speaker 33: for you, Heather. If you'd bought if you were a

1705
01:22:03,640 --> 01:22:06,800
Speaker 33: Fonterra farmer and you'd bought a Fonterra share, because to

1706
01:22:06,880 --> 01:22:10,799
Speaker 33: supply Fonterira, to supply Fonterra, you need to have shares

1707
01:22:11,320 --> 01:22:13,800
Speaker 33: to equal your production. You could have bought a share

1708
01:22:13,920 --> 01:22:16,720
Speaker 33: in early February for two dollars and twelve cents with

1709
01:22:16,880 --> 01:22:20,000
Speaker 33: your final divid announced yesterday at fifty five cents. That

1710
01:22:20,120 --> 01:22:22,920
Speaker 33: is a yield on your share of twenty six percent.

1711
01:22:23,000 --> 01:22:25,599
Speaker 33: Try and get that anywhere else in business. Even now,

1712
01:22:25,720 --> 01:22:28,600
Speaker 33: the shares have jumped from jump thirty cents in the

1713
01:22:28,640 --> 01:22:30,960
Speaker 33: course of this week since Myles Hurrald, a six million

1714
01:22:30,960 --> 01:22:34,680
Speaker 33: dollar man, made the announcement on yesterday, they've gone from

1715
01:22:34,680 --> 01:22:37,559
Speaker 33: three fifty to three eighty. It's still a fifteen percent yield.

1716
01:22:37,640 --> 01:22:39,960
Speaker 33: Not to be sniffed at at all. And one more

1717
01:22:40,000 --> 01:22:43,880
Speaker 33: to ponder here. Today I had Mark Delator, chief executive

1718
01:22:44,080 --> 01:22:47,680
Speaker 33: of Open Country Dairy, the second biggest player in the

1719
01:22:47,760 --> 01:22:50,400
Speaker 33: dairy game behind Fonterra, and he was saying, if the

1720
01:22:50,439 --> 01:22:53,479
Speaker 33: government doesn't have any hope at all of doubling export

1721
01:22:53,520 --> 01:22:55,559
Speaker 33: income in the next decade, they're going to have to

1722
01:22:55,680 --> 01:22:56,879
Speaker 33: ramp up dairy production.

1723
01:22:57,320 --> 01:22:58,120
Speaker 19: How do you do it?

1724
01:22:58,320 --> 01:23:02,920
Speaker 33: He's suggesting ferry conversions are back on the table. Can

1725
01:23:02,960 --> 01:23:03,639
Speaker 33: you believe that?

1726
01:23:03,840 --> 01:23:06,160
Speaker 4: Can you believe it? Jamie? What a blast from the past. Hey,

1727
01:23:06,160 --> 01:23:09,240
Speaker 4: thank you appreciate it. Jamie McKay, host to the Country

1728
01:23:09,840 --> 01:23:13,200
Speaker 4: After the News, Sam Dickey on Intel News TALKSB.

1729
01:23:17,280 --> 01:23:20,280
Speaker 1: If it's to do with money, it matters to you.

1730
01:23:20,680 --> 01:23:24,680
Speaker 1: The Business Hour with Heather Duplican and my HR The

1731
01:23:24,920 --> 01:23:31,080
Speaker 1: HR Solution for Busy Smys on News TALKSB. The thing

1732
01:23:31,200 --> 01:23:32,320
Speaker 1: that I've gone.

1733
01:23:36,600 --> 01:23:43,519
Speaker 4: Okay, Things are getting worse from this, worse for the

1734
01:23:43,520 --> 01:23:46,240
Speaker 4: sausage king over in the UK. It now turns out

1735
01:23:46,240 --> 01:23:48,160
Speaker 4: not only has he been getting money for his specs

1736
01:23:48,160 --> 01:23:50,320
Speaker 4: and money for his suits, and going to the corporate

1737
01:23:50,360 --> 01:23:52,400
Speaker 4: boxes and stuff at the football But Keir Starmer has

1738
01:23:52,439 --> 01:23:55,479
Speaker 4: also been getting a thirty million dollar flat in London

1739
01:23:55,520 --> 01:23:57,439
Speaker 4: from a political ton of so his son could study

1740
01:23:57,439 --> 01:24:00,360
Speaker 4: in peace during the election. I mean, the man of

1741
01:24:00,360 --> 01:24:02,519
Speaker 4: the people, not really at all. A's so we'll talk

1742
01:24:02,560 --> 01:24:06,000
Speaker 4: to Indebrady about that when he's with us shortly. Heather

1743
01:24:06,640 --> 01:24:10,000
Speaker 4: nuts only bolts, no way. I'm a builder with fifty

1744
01:24:10,080 --> 01:24:12,120
Speaker 4: years experience. If the bolts come out, then ring the

1745
01:24:12,160 --> 01:24:14,919
Speaker 4: engineer who designed them. Thank you, Edu. I feel like

1746
01:24:14,560 --> 01:24:16,840
Speaker 4: we've closed the case on that. From here on in,

1747
01:24:17,240 --> 01:24:19,679
Speaker 4: if you hear anybody talking about taking the bolts out,

1748
01:24:19,720 --> 01:24:22,639
Speaker 4: you tell them they're wrong. It was the nuts twenty

1749
01:24:22,640 --> 01:24:23,800
Speaker 4: three away from seven.

1750
01:24:24,120 --> 01:24:25,360
Speaker 1: Heather duples see Allen.

1751
01:24:25,479 --> 01:24:25,639
Speaker 22: Now.

1752
01:24:25,720 --> 01:24:28,519
Speaker 4: Intel was once a high flying market darling back in

1753
01:24:28,560 --> 01:24:30,479
Speaker 4: the day, and it used to dominate the computer chip

1754
01:24:30,520 --> 01:24:32,639
Speaker 4: industry and so on with more than eighty percent share

1755
01:24:32,680 --> 01:24:35,639
Speaker 4: market and PCs and servers. But that's all changed now

1756
01:24:35,680 --> 01:24:37,400
Speaker 4: and the company's now on its knees and at risk

1757
01:24:37,439 --> 01:24:39,639
Speaker 4: of being acquired on the cheap by rivals. To talk

1758
01:24:39,680 --> 01:24:42,599
Speaker 4: us through what's going on here is Forishafun, Sam Dickey Hay.

1759
01:24:42,560 --> 01:24:44,320
Speaker 19: Sam Here that good evening.

1760
01:24:44,439 --> 01:24:46,880
Speaker 4: Take us back to the start, Sam, how did Intel

1761
01:24:46,960 --> 01:24:49,479
Speaker 4: actually become big? And then what happened for it to

1762
01:24:49,520 --> 01:24:50,320
Speaker 4: fall away like this?

1763
01:24:51,720 --> 01:24:52,040
Speaker 10: Yeah, it was.

1764
01:24:52,160 --> 01:24:54,360
Speaker 34: It did nothing for the first twenty years of its life,

1765
01:24:54,360 --> 01:24:56,679
Speaker 34: from the seventies of the nineties, and it took off

1766
01:24:56,800 --> 01:24:58,599
Speaker 34: when the PC boom took off.

1767
01:24:58,640 --> 01:25:00,200
Speaker 1: So remember what it was.

1768
01:25:00,320 --> 01:25:03,559
Speaker 34: It dominated the design and manufacturing of PC, laptop and

1769
01:25:03,680 --> 01:25:07,240
Speaker 34: server computer chips, and and it dominated the software wrapped

1770
01:25:07,240 --> 01:25:09,040
Speaker 34: around that. So it had the whole shooting match and

1771
01:25:09,080 --> 01:25:12,840
Speaker 34: the stoff went up about seventyfold or seven thousand percent

1772
01:25:12,880 --> 01:25:15,240
Speaker 34: of the nineteen nineties, and it kind of peaked in

1773
01:25:15,280 --> 01:25:18,120
Speaker 34: the early two thousands, and that's when the Rots set out,

1774
01:25:18,120 --> 01:25:20,439
Speaker 34: and so sadly there was quite a few things that

1775
01:25:20,479 --> 01:25:23,200
Speaker 34: went wrong, But sadly the most high profile one is

1776
01:25:23,240 --> 01:25:27,680
Speaker 34: they decided against producing chips for the first iPhone, and

1777
01:25:28,320 --> 01:25:30,679
Speaker 34: years later the company admitted that their forecast was wrong

1778
01:25:30,720 --> 01:25:33,719
Speaker 34: and the actual volume of iPhones relative to their business

1779
01:25:33,720 --> 01:25:36,680
Speaker 34: case was one hundred times what they expected. So on

1780
01:25:36,720 --> 01:25:38,920
Speaker 34: top of that, they made a few other missteps, but

1781
01:25:38,960 --> 01:25:42,000
Speaker 34: one notable one is if you think about computer chips

1782
01:25:42,000 --> 01:25:43,400
Speaker 34: and how far we've come, they used to have a

1783
01:25:43,439 --> 01:25:47,839
Speaker 34: few thousand transistors or tiny electrical switches on them, and

1784
01:25:48,000 --> 01:25:50,120
Speaker 34: the iPhone you've probably got on your desk there here

1785
01:25:50,160 --> 01:25:53,000
Speaker 34: there has got tens of billions of these tiny electrical

1786
01:25:53,040 --> 01:25:56,480
Speaker 34: switches jammed on top of them, and that requires extremely

1787
01:25:56,600 --> 01:26:00,120
Speaker 34: efficient manufacturing, and Intel just couldn't keep up with the

1788
01:26:00,120 --> 01:26:04,080
Speaker 34: the prowess of the tiny So the Taiwanese chip manufacturing

1789
01:26:04,080 --> 01:26:06,920
Speaker 34: giant TSMC, and because of all that and all those

1790
01:26:06,920 --> 01:26:09,559
Speaker 34: missteps and several more, the stock underperform the US stock

1791
01:26:09,600 --> 01:26:12,680
Speaker 34: market by about ninety percent over the last quarter century.

1792
01:26:13,120 --> 01:26:14,639
Speaker 4: Is that what we talk about when we talk about

1793
01:26:14,680 --> 01:26:18,000
Speaker 4: the chip wars, just that they're like the development and

1794
01:26:18,080 --> 01:26:21,000
Speaker 4: the fine tuning of these chips.

1795
01:26:21,120 --> 01:26:22,920
Speaker 1: I think that's what's underpinning there.

1796
01:26:22,960 --> 01:26:24,800
Speaker 19: But the chip wars is really that, I guess, the

1797
01:26:24,880 --> 01:26:25,679
Speaker 19: cold chip wars.

1798
01:26:25,680 --> 01:26:27,160
Speaker 1: And there's a book written about this.

1799
01:26:27,240 --> 01:26:31,120
Speaker 34: But if given the fact that these that the manufacturer

1800
01:26:31,160 --> 01:26:34,000
Speaker 34: of these advanced computer chips is considered the most complex

1801
01:26:34,040 --> 01:26:38,639
Speaker 34: and precise manufacturing processed humans have ever undertaken, and given

1802
01:26:38,680 --> 01:26:41,639
Speaker 34: those chips underpin almost every bit of technology we touch,

1803
01:26:41,880 --> 01:26:45,240
Speaker 34: and they underpin economies and militaries, it's no wonder there

1804
01:26:45,280 --> 01:26:47,479
Speaker 34: is a big power struggle. So a few factors to

1805
01:26:47,520 --> 01:26:52,000
Speaker 34: put that those chip wars in context. China imports more

1806
01:26:52,000 --> 01:26:54,519
Speaker 34: in chips that it doesn't oil, so has a natural

1807
01:26:54,560 --> 01:26:58,320
Speaker 34: disadvantage there. And then you've got Taiwan or TSMC, which

1808
01:26:58,360 --> 01:27:02,640
Speaker 34: controls ninety percent of high end chip manufacturing. And then

1809
01:27:02,680 --> 01:27:04,360
Speaker 34: you move back to the US, and they even have

1810
01:27:04,439 --> 01:27:07,519
Speaker 34: an active government called the Chips Act, which is funneling

1811
01:27:07,560 --> 01:27:11,240
Speaker 34: billions of dollars into US based chip designers and manufacturers

1812
01:27:11,240 --> 01:27:13,280
Speaker 34: to make sure they win this war. So some pretty

1813
01:27:13,280 --> 01:27:15,640
Speaker 34: big picture stuff there. And the fact that Intel that

1814
01:27:15,680 --> 01:27:18,439
Speaker 34: the US darling is falling behind is a big deal

1815
01:27:18,479 --> 01:27:19,400
Speaker 34: for the US as a whole.

1816
01:27:19,960 --> 01:27:23,240
Speaker 4: So why has the company been slashing costs and cutting

1817
01:27:23,280 --> 01:27:24,799
Speaker 4: expansion plans more recently?

1818
01:27:26,080 --> 01:27:28,599
Speaker 34: Yeah, I mean it's announced it's laying of fifteen percent

1819
01:27:28,600 --> 01:27:31,479
Speaker 34: of its workforce, cutting costs by ten billion, delaying opening

1820
01:27:31,479 --> 01:27:35,160
Speaker 34: new chip factories in Germany and Poland arguably in favor

1821
01:27:35,160 --> 01:27:39,800
Speaker 34: of opening up domestic putting more money into domestic chip

1822
01:27:40,000 --> 01:27:42,680
Speaker 34: design and manufacturing facilities. But that's all to stop the

1823
01:27:42,680 --> 01:27:46,120
Speaker 34: bleeding of I mean, they're making losses because of all

1824
01:27:46,160 --> 01:27:48,920
Speaker 34: these poor decisions they've made. And on top of that,

1825
01:27:49,000 --> 01:27:51,760
Speaker 34: it's been given around twelve billion dollars of funding under

1826
01:27:51,760 --> 01:27:53,960
Speaker 34: the US Chips Act to try and shore it up.

1827
01:27:55,000 --> 01:27:56,559
Speaker 4: Okay, who's bidding for Intel?

1828
01:27:56,600 --> 01:28:00,880
Speaker 34: By the way, it's rumors only so far. So Qualcomm,

1829
01:28:00,920 --> 01:28:03,640
Speaker 34: a US based mobile phone chip designer, is rumored to

1830
01:28:03,680 --> 01:28:05,800
Speaker 34: be buying in talent. And why would anyone want to

1831
01:28:05,800 --> 01:28:10,719
Speaker 34: buy this company after all these missteps? Presumably potential suitors see,

1832
01:28:10,760 --> 01:28:13,040
Speaker 34: Intel is a chip company that still has an enormous

1833
01:28:13,040 --> 01:28:15,920
Speaker 34: amount of IP and valuable assets that are critical in

1834
01:28:15,960 --> 01:28:18,080
Speaker 34: this this chips wars that we talked about.

1835
01:28:18,520 --> 01:28:21,479
Speaker 4: And so what does it mean if this purchase goes ahead?

1836
01:28:21,479 --> 01:28:22,759
Speaker 4: What does this mean for the chip wars?

1837
01:28:24,200 --> 01:28:26,240
Speaker 34: I think it could create a much larger US based

1838
01:28:26,280 --> 01:28:29,519
Speaker 34: chip design and manufacturing company that might just might be

1839
01:28:29,600 --> 01:28:32,599
Speaker 34: able to compete against the likes of TESMC and Taiwan.

1840
01:28:33,200 --> 01:28:35,760
Speaker 34: And if it is true it is Qualcomm, who's a

1841
01:28:35,880 --> 01:28:39,320
Speaker 34: US based company, I'm sure that the combined entity would

1842
01:28:39,360 --> 01:28:42,960
Speaker 34: still qualify for the You know that the hefty tailwind

1843
01:28:42,960 --> 01:28:45,479
Speaker 34: of US government grants under that US Chips Act.

1844
01:28:45,680 --> 01:28:47,720
Speaker 4: Okay, so what do investors need to consider when they're

1845
01:28:47,720 --> 01:28:48,280
Speaker 4: thinking about this.

1846
01:28:49,640 --> 01:28:51,439
Speaker 34: There's a lot going on there isn't that it's not

1847
01:28:51,439 --> 01:28:53,400
Speaker 34: the first changing of the guard, and this this sort

1848
01:28:53,439 --> 01:28:56,280
Speaker 34: of pointy end technology computer chip design.

1849
01:28:56,280 --> 01:28:56,439
Speaker 19: Man.

1850
01:28:56,479 --> 01:28:59,040
Speaker 34: So if you remember back to mainframe computers, computers that

1851
01:28:59,040 --> 01:29:02,400
Speaker 34: were as big as a small house, IBM dominated those chips.

1852
01:29:02,840 --> 01:29:05,880
Speaker 34: Intel we talked about that, dominated PCs and service for

1853
01:29:05,960 --> 01:29:10,439
Speaker 34: data centers. ARM and Apple dominated the mobile chipset chipset wars,

1854
01:29:10,479 --> 01:29:14,040
Speaker 34: and now in Nvidia is dominating the design of AI chips.

1855
01:29:14,600 --> 01:29:16,800
Speaker 34: The only constant there, by the way, is TCMC, the

1856
01:29:16,840 --> 01:29:21,479
Speaker 34: Taiwanese giant has dominated manufacturing for decades. So the point is,

1857
01:29:21,520 --> 01:29:23,439
Speaker 34: if you're an investor at this point, Ayen, you need

1858
01:29:23,479 --> 01:29:26,320
Speaker 34: to be really careful. Companies are not being left behind.

1859
01:29:26,360 --> 01:29:28,800
Speaker 34: So make sure they have a healthy degree of paranoia

1860
01:29:28,960 --> 01:29:32,760
Speaker 34: about disruption or competition, make sure they're not underspenning on

1861
01:29:32,840 --> 01:29:35,479
Speaker 34: research and development, and just make sure those companies are

1862
01:29:35,479 --> 01:29:37,759
Speaker 34: not resting on their laurels, which is potentially what Intel

1863
01:29:37,800 --> 01:29:38,559
Speaker 34: did back in the day.

1864
01:29:38,640 --> 01:29:40,840
Speaker 4: Yes, such a good point, Hey, Sam, as always, thank you, Sam.

1865
01:29:40,840 --> 01:29:44,120
Speaker 4: Dickia Fisherpun's economists actually had a really interesting opening paragraph

1866
01:29:44,120 --> 01:29:45,560
Speaker 4: when they did a piece on Intel. I feel like

1867
01:29:45,600 --> 01:29:47,880
Speaker 4: it was in the last week or a couple of

1868
01:29:47,920 --> 01:29:49,800
Speaker 4: weeks or something like that. And it started like this

1869
01:29:49,840 --> 01:29:52,559
Speaker 4: and said Intel has spent two decades missing the next

1870
01:29:52,560 --> 01:29:56,080
Speaker 4: big thing. The chip maker's dominant PC business blinded it

1871
01:29:56,120 --> 01:29:58,599
Speaker 4: to the opportunity for mobile phones in the two thousands

1872
01:29:58,640 --> 01:30:01,160
Speaker 4: and more recently, the the film was slow to adopt

1873
01:30:01,160 --> 01:30:04,719
Speaker 4: extreme ultraviolet lithography, which is an expensive chip making process

1874
01:30:04,720 --> 01:30:08,080
Speaker 4: that was originally funded by Intel itself. Intel has spent

1875
01:30:08,160 --> 01:30:12,320
Speaker 4: two decades missing the next big thing. Hey, that's an indictment,

1876
01:30:12,400 --> 01:30:14,160
Speaker 4: isn't it. Seventeen away from seven.

1877
01:30:14,400 --> 01:30:17,800
Speaker 1: Crunching the numbers and getting the results. It's hither dup

1878
01:30:17,840 --> 01:30:21,400
Speaker 1: to see Ellen with the Business Hour thanks to my HR,

1879
01:30:21,640 --> 01:30:25,360
Speaker 1: the HR solution for busy s Emmy's on news talks.

1880
01:30:25,080 --> 01:30:28,160
Speaker 4: Ibi Indebrady are UK correspondences with us right now. Hey Inda,

1881
01:30:29,040 --> 01:30:31,320
Speaker 4: Hey Heather, great to speak to you now, Inda. Not

1882
01:30:31,360 --> 01:30:33,840
Speaker 4: a good look for Kirstama this thirty million dollar flat,

1883
01:30:33,920 --> 01:30:35,439
Speaker 4: is it?

1884
01:30:35,439 --> 01:30:37,400
Speaker 13: It's not a good look. But you know what, he

1885
01:30:37,479 --> 01:30:40,720
Speaker 13: hasn't actually done anything wrong. He hasn't broken any of

1886
01:30:40,760 --> 01:30:45,000
Speaker 13: the parliamentary laws. And basically Labor have a very wealthy

1887
01:30:45,000 --> 01:30:49,320
Speaker 13: political donor called Lord Ali and as the election campaign

1888
01:30:49,360 --> 01:30:52,120
Speaker 13: was getting into full swing. The Starmers have two children,

1889
01:30:52,280 --> 01:30:55,080
Speaker 13: sixteen year old boy, thirteen year old girl. We don't

1890
01:30:55,120 --> 01:30:57,400
Speaker 13: even know their names, that they're not in the public

1891
01:30:57,560 --> 01:31:01,360
Speaker 13: eye as they should not be their children. And basically

1892
01:31:01,400 --> 01:31:04,439
Speaker 13: the Starmer parents here and his wife, they were very

1893
01:31:04,479 --> 01:31:08,040
Speaker 13: concerned that, you know, as the election campaign was getting underway,

1894
01:31:08,080 --> 01:31:11,040
Speaker 13: there was camera crews, photographers outside their house where they

1895
01:31:11,040 --> 01:31:14,120
Speaker 13: live in North London, and Lord Ali said the Starmer, look,

1896
01:31:14,439 --> 01:31:17,840
Speaker 13: I've got an empty flat in Covent Garden. Why don't

1897
01:31:17,880 --> 01:31:21,040
Speaker 13: you just relocate there. Nobody will bother you and then

1898
01:31:21,080 --> 01:31:23,400
Speaker 13: the young fella can just kind of study, do his

1899
01:31:23,479 --> 01:31:26,759
Speaker 13: exams and not have all the hullabaloo of the media

1900
01:31:26,920 --> 01:31:29,439
Speaker 13: around him. So the Starmer family thought it was a

1901
01:31:29,520 --> 01:31:33,160
Speaker 13: kind offer. He has listed it in the Register of Members'

1902
01:31:33,200 --> 01:31:36,200
Speaker 13: Interests as something that he was done, eated or given.

1903
01:31:36,960 --> 01:31:39,080
Speaker 13: But it's the fact that I think that it's a

1904
01:31:39,200 --> 01:31:41,640
Speaker 13: unit worth thirty million dollars and they had it for

1905
01:31:41,680 --> 01:31:44,200
Speaker 13: a few weeks for free. That's what seems to be

1906
01:31:44,280 --> 01:31:46,920
Speaker 13: really annoying the Conservatives. But I mean, for all the

1907
01:31:46,960 --> 01:31:50,679
Speaker 13: Conservatives going mad about this, you know, there's a few

1908
01:31:50,760 --> 01:31:52,720
Speaker 13: names you could chuck into the mix who've kind of

1909
01:31:53,360 --> 01:31:57,120
Speaker 13: not exactly left the public world. Here for the better

1910
01:31:57,200 --> 01:32:00,280
Speaker 13: Boris Johnson, for example, Rishie Sunak and his wife who

1911
01:32:00,360 --> 01:32:01,960
Speaker 13: wasn't even paying tax in the UK.

1912
01:32:02,280 --> 01:32:04,080
Speaker 19: I mean, don't get me started. Yeah.

1913
01:32:04,280 --> 01:32:06,000
Speaker 4: Look, the thing is I have a lot of sympathy

1914
01:32:06,040 --> 01:32:09,280
Speaker 4: for the explanation that Keystam has given, and I think

1915
01:32:09,280 --> 01:32:11,519
Speaker 4: a lot of parents would. But the trouble is, we

1916
01:32:11,560 --> 01:32:14,000
Speaker 4: know that that is not how voters work, right, And

1917
01:32:14,800 --> 01:32:17,160
Speaker 4: what happens is when you get a series of things

1918
01:32:17,200 --> 01:32:20,200
Speaker 4: that creates an impression. And it's starting to create an impression,

1919
01:32:20,240 --> 01:32:20,639
Speaker 4: isn't it.

1920
01:32:21,479 --> 01:32:23,280
Speaker 19: Yeah, it hasn't been a good week for Labor.

1921
01:32:23,320 --> 01:32:26,640
Speaker 13: I mean, look, there's been various different headlines about so

1922
01:32:26,720 --> 01:32:30,679
Speaker 13: and so being given clothing, or so and so accepting

1923
01:32:30,760 --> 01:32:33,160
Speaker 13: soccer tickets or you know, it's been.

1924
01:32:33,080 --> 01:32:33,880
Speaker 19: Drip, drip drip.

1925
01:32:33,920 --> 01:32:36,519
Speaker 13: But what people need to understand is there is a

1926
01:32:36,600 --> 01:32:39,960
Speaker 13: very powerful right wing conservative media in the UK.

1927
01:32:40,520 --> 01:32:42,639
Speaker 19: They do not like Labor and.

1928
01:32:43,120 --> 01:32:45,800
Speaker 13: The problem they have, you know, they're trying to chip

1929
01:32:45,840 --> 01:32:48,240
Speaker 13: away at Starma and make out that he's a greedy man.

1930
01:32:48,479 --> 01:32:51,200
Speaker 13: He's a public servant, the guy who spent his entire

1931
01:32:51,439 --> 01:32:56,200
Speaker 13: life working for the public good. You know, I actually

1932
01:32:56,240 --> 01:32:59,200
Speaker 13: think he is what Britain needs, right now keep people

1933
01:32:59,280 --> 01:33:02,759
Speaker 13: keep saying, Oh, he's boring, he's not very charismatic. Britain

1934
01:33:02,800 --> 01:33:05,400
Speaker 13: needs a pragmatist who's going to actually work for the

1935
01:33:05,439 --> 01:33:07,960
Speaker 13: public good. And okay, he seems to have a lot

1936
01:33:07,960 --> 01:33:11,200
Speaker 13: of wealthy connections and they put that apartment at his

1937
01:33:11,200 --> 01:33:14,240
Speaker 13: family's disposal in the summer. I would have done exactly

1938
01:33:14,280 --> 01:33:18,240
Speaker 13: the same. If a child is struggling to concentrate, get

1939
01:33:18,280 --> 01:33:20,600
Speaker 13: the work done, they get one shot at these exams.

1940
01:33:20,840 --> 01:33:23,080
Speaker 19: And I think Starmer, as a parent, made the right call.

1941
01:33:23,439 --> 01:33:25,479
Speaker 4: Hey, just out of interest. Do you think that the

1942
01:33:25,640 --> 01:33:28,200
Speaker 4: right wing component of the media is stronger in the

1943
01:33:28,280 --> 01:33:29,200
Speaker 4: UK than the lift wing?

1944
01:33:30,520 --> 01:33:30,680
Speaker 1: Oh?

1945
01:33:30,720 --> 01:33:35,479
Speaker 13: Absolutely, Oh my god, absolutely everything here that front. I'm

1946
01:33:35,479 --> 01:33:38,120
Speaker 13: not going to name these newspapers, but they are vicious

1947
01:33:38,479 --> 01:33:41,040
Speaker 13: and you listen to the you know, the same people

1948
01:33:41,560 --> 01:33:44,040
Speaker 13: didn't have a problem with Boris Johnson putting the son

1949
01:33:44,080 --> 01:33:46,400
Speaker 13: of a KGB agent in the House of Lords.

1950
01:33:46,439 --> 01:33:48,680
Speaker 19: This actually happened. The same people didn't have.

1951
01:33:48,680 --> 01:33:51,679
Speaker 13: A problem with Boris Johnson giving an American woman who

1952
01:33:51,720 --> 01:33:53,640
Speaker 13: he was later alleged to have an affair with one

1953
01:33:53,720 --> 01:33:56,600
Speaker 13: hundred grand sterling for her business, or taking her on

1954
01:33:56,720 --> 01:33:57,920
Speaker 13: numerous trips when he was.

1955
01:33:57,880 --> 01:34:00,439
Speaker 19: Lord Mayor of London. You just you couldn't make it up.

1956
01:34:00,479 --> 01:34:02,840
Speaker 19: I mean there was one rule for them and a

1957
01:34:02,960 --> 01:34:04,439
Speaker 19: very different rule for the other lot.

1958
01:34:04,600 --> 01:34:07,400
Speaker 4: Yeah, very interesting. He listen on these troops that have

1959
01:34:07,439 --> 01:34:10,040
Speaker 4: been seen to Cypress. Is this in preparation for the

1960
01:34:10,040 --> 01:34:11,240
Speaker 4: evacuation from Lebanon?

1961
01:34:12,320 --> 01:34:16,680
Speaker 13: So yes, there are six thousand British citizens living in

1962
01:34:16,760 --> 01:34:20,679
Speaker 13: Lebanon and Keir Starmer wants people to safety as quickly

1963
01:34:20,680 --> 01:34:23,559
Speaker 13: as possible, So evacuation plans have been drawn up by

1964
01:34:23,560 --> 01:34:26,679
Speaker 13: the Ministry of Defense at great speed. Seven hundred UK

1965
01:34:26,800 --> 01:34:29,679
Speaker 13: troops are now in Cyprus. There is an RAF base

1966
01:34:29,760 --> 01:34:34,920
Speaker 13: there on the Greek Cypriot administration side, raf Acritiri, and

1967
01:34:35,320 --> 01:34:37,720
Speaker 13: they are looking at whether they can get planes in

1968
01:34:37,880 --> 01:34:40,200
Speaker 13: or will it be a naval michel mission to get

1969
01:34:40,240 --> 01:34:44,040
Speaker 13: into a port like Triple or be route and basically

1970
01:34:44,040 --> 01:34:47,240
Speaker 13: on the seaside, sorry, to basically get people back out

1971
01:34:47,240 --> 01:34:50,360
Speaker 13: to Cypress and home to the UK. But you know

1972
01:34:50,439 --> 01:34:53,760
Speaker 13: this is changing by the hour, and we've already seen overnight,

1973
01:34:53,920 --> 01:34:56,080
Speaker 13: you know, New Zealand and the UK putting their name

1974
01:34:56,120 --> 01:34:59,120
Speaker 13: to a call for a twenty one day ceasefire. But

1975
01:34:59,160 --> 01:35:02,320
Speaker 13: you can just imagine Israel want listen to that and.

1976
01:35:02,320 --> 01:35:03,640
Speaker 4: It's always good to talk to you. Thank you, will

1977
01:35:03,680 --> 01:35:05,160
Speaker 4: talk to you again soon. That's end of Brady Are

1978
01:35:05,240 --> 01:35:09,400
Speaker 4: UK Correspondent. Listen. Isn't it fascinating by the way that

1979
01:35:09,640 --> 01:35:12,400
Speaker 4: it's the right wing in Britain according to Enda, that

1980
01:35:12,439 --> 01:35:14,559
Speaker 4: are the ones that have the stronghold, whereas here we're

1981
01:35:14,560 --> 01:35:17,000
Speaker 4: having a completely different discussion in New Zealand, aren't we.

1982
01:35:17,040 --> 01:35:20,000
Speaker 4: I mean, we often complain about how left leaning our

1983
01:35:20,040 --> 01:35:22,479
Speaker 4: media are and how hostile they are to the coalition government,

1984
01:35:22,560 --> 01:35:27,960
Speaker 4: so it's like the reverse. Anyway, sounds like the vaping

1985
01:35:28,040 --> 01:35:30,920
Speaker 4: thing is out of control, and this is the thing

1986
01:35:30,920 --> 01:35:33,000
Speaker 4: that has made me more worried than anything about how

1987
01:35:33,040 --> 01:35:34,760
Speaker 4: out of control the vaping is. There's a story on

1988
01:35:34,760 --> 01:35:36,599
Speaker 4: one of the papers today about a bunch of young

1989
01:35:36,640 --> 01:35:39,839
Speaker 4: people who are, in order to give up the vapes

1990
01:35:40,760 --> 01:35:44,920
Speaker 4: switching to Siggis by switching to Siggi's to get because

1991
01:35:44,920 --> 01:35:46,920
Speaker 4: they are so hooked on the vapes. They can't quit

1992
01:35:46,920 --> 01:35:48,400
Speaker 4: the vapes. They know the vapes are bad for them,

1993
01:35:48,760 --> 01:35:51,559
Speaker 4: right that one of them is like wheezing. She's got

1994
01:35:51,600 --> 01:35:54,559
Speaker 4: she vapes so much her lungs wheeze when she's not well.

1995
01:35:54,600 --> 01:35:57,000
Speaker 4: When she's vaping, so she knows it's really bad for her,

1996
01:35:57,280 --> 01:35:59,560
Speaker 4: but try as she might, she cannot get off it.

1997
01:35:59,680 --> 01:36:01,200
Speaker 4: Best she can do is a month and then if

1998
01:36:01,240 --> 01:36:03,240
Speaker 4: it's stressful, she's back on the vapes and stuff. Vapes

1999
01:36:03,280 --> 01:36:05,959
Speaker 4: all the time and you know, has all the withdrawals

2000
01:36:05,960 --> 01:36:08,840
Speaker 4: and stuff like that. So one of these kids, a

2001
01:36:08,920 --> 01:36:13,080
Speaker 4: nineteen year old university student in Wellington, said it felt

2002
01:36:13,120 --> 01:36:17,000
Speaker 4: safer in a weird way to resort to cigarettes because

2003
01:36:17,040 --> 01:36:20,200
Speaker 4: you know everything about it, but with vaping we don't

2004
01:36:20,200 --> 01:36:24,040
Speaker 4: know what the chemicals are. So the whole flat has

2005
01:36:24,080 --> 01:36:27,920
Speaker 4: switched from vaping to Siggi's because they know that they

2006
01:36:28,000 --> 01:36:30,040
Speaker 4: know both of them are bad for them, but at

2007
01:36:30,080 --> 01:36:32,600
Speaker 4: least they had an idea of how bad the ciggies are,

2008
01:36:32,600 --> 01:36:34,439
Speaker 4: and they've got no idea how bad the vapes are.

2009
01:36:34,600 --> 01:36:37,000
Speaker 4: How worrying is that eight away from seven.

2010
01:36:37,320 --> 01:36:41,240
Speaker 2: Whether it's macro microbe or just plain economics, it's all

2011
01:36:41,280 --> 01:36:44,920
Speaker 2: on The Business Hour with Heather Duplicy, Ellen and my HR,

2012
01:36:45,240 --> 01:36:48,120
Speaker 2: the HR platform for sme US talk sip.

2013
01:36:48,600 --> 01:36:50,320
Speaker 4: Hey, did you know the Greens have changed their name?

2014
01:36:50,360 --> 01:36:53,560
Speaker 4: I didn't realize, but they actually they actually put in

2015
01:36:53,560 --> 01:36:55,680
Speaker 4: a little application with the Electoral Commission a couple of

2016
01:36:55,800 --> 01:36:57,960
Speaker 4: days ago, and I can't remember exactly old and have

2017
01:36:58,040 --> 01:37:00,240
Speaker 4: I got it here? Yes, actually I do, I do

2018
01:37:00,320 --> 01:37:03,400
Speaker 4: have it right here. The Green's current name is the

2019
01:37:03,439 --> 01:37:07,839
Speaker 4: Greens or the Green Party of Altier or slash New Zealand,

2020
01:37:07,840 --> 01:37:09,240
Speaker 4: and now they're just going to go for the Green

2021
01:37:09,240 --> 01:37:11,120
Speaker 4: Party of Altier or in New Zealand. They're going to

2022
01:37:11,120 --> 01:37:13,280
Speaker 4: ditch the Greens. So I feel like they want to

2023
01:37:13,280 --> 01:37:16,240
Speaker 4: take themselves a little bit more Theoriously, I'm surprised they

2024
01:37:16,240 --> 01:37:19,200
Speaker 4: didn't go for a bilingual name. Actually feels like that's

2025
01:37:19,240 --> 01:37:21,400
Speaker 4: the kind of thing because Chloe's asking all her questions

2026
01:37:21,840 --> 01:37:24,040
Speaker 4: in two languages in Parliament at the moment. So yeah,

2027
01:37:24,200 --> 01:37:27,000
Speaker 4: mister trick there listen. I've got to tell you, I

2028
01:37:27,120 --> 01:37:29,560
Speaker 4: am quite enjoying the absolute panic that's set in on

2029
01:37:29,640 --> 01:37:31,800
Speaker 4: Wellington since the government told them to go back to work.

2030
01:37:31,840 --> 01:37:35,040
Speaker 4: The local papers running an article today saying it's a

2031
01:37:35,160 --> 01:37:38,240
Speaker 4: quote bitter pill for them to swallow. Let me just

2032
01:37:38,280 --> 01:37:40,000
Speaker 4: remind you what we taught. They've been told to go

2033
01:37:40,000 --> 01:37:43,800
Speaker 4: back to the office. They have been told to go

2034
01:37:43,880 --> 01:37:46,519
Speaker 4: back to the office where they used to do their

2035
01:37:46,600 --> 01:37:49,400
Speaker 4: jobs and don't anymore. And this is a quote bitter

2036
01:37:49,479 --> 01:37:52,559
Speaker 4: pill for them to swallow. They've also written about how

2037
01:37:52,600 --> 01:37:55,320
Speaker 4: people who've decided to live in places like the Wired Upper,

2038
01:37:55,320 --> 01:37:57,639
Speaker 4: which is a fair drive away from Wellington, will now

2039
01:37:57,680 --> 01:38:01,280
Speaker 4: be faced with a quote brutal or wayning if they're

2040
01:38:01,320 --> 01:38:04,360
Speaker 4: forced to work in the city. Just remember the city

2041
01:38:04,520 --> 01:38:09,640
Speaker 4: is where their actual desks are brutal, awakening. Scores of

2042
01:38:09,640 --> 01:38:12,200
Speaker 4: readers I'm quoting from the article, scores of readers who

2043
01:38:12,240 --> 01:38:14,920
Speaker 4: do work from home, responded that they would suffer suffer

2044
01:38:15,400 --> 01:38:18,040
Speaker 4: additional financial burdens and having to return to the office,

2045
01:38:18,040 --> 01:38:21,000
Speaker 4: with many citing parking, petrol, and public transport costs, as

2046
01:38:21,040 --> 01:38:24,240
Speaker 4: well as daycare and after school care. Crimea river, that's

2047
01:38:24,280 --> 01:38:26,400
Speaker 4: what everybody else has to do. Welcome to the rest

2048
01:38:26,400 --> 01:38:29,120
Speaker 4: of the world. But then even even they published the

2049
01:38:29,160 --> 01:38:33,320
Speaker 4: piece today giving these people advice on how to dress

2050
01:38:33,400 --> 01:38:36,920
Speaker 4: for the office again. How to I don't even know

2051
01:38:36,920 --> 01:38:38,760
Speaker 4: where to start. If you need to be told how

2052
01:38:38,800 --> 01:38:42,760
Speaker 4: to dress for the office again? Has clearly been too long, Andy.

2053
01:38:42,520 --> 01:38:44,360
Speaker 35: Let's hope it starts with some pants.

2054
01:38:45,200 --> 01:38:49,800
Speaker 4: Jeez, I guess they're basics, the basics, undies songs. Yeah,

2055
01:38:49,840 --> 01:38:51,920
Speaker 4: all that good stuff top as well. It's quite good.

2056
01:38:52,120 --> 01:38:52,880
Speaker 35: Yeah, not bad.

2057
01:38:53,040 --> 01:38:53,439
Speaker 4: Iron.

2058
01:38:53,760 --> 01:38:55,240
Speaker 35: I bet a lot of clothes won't fit. So the

2059
01:38:55,360 --> 01:38:57,040
Speaker 35: have to barkers will be happy, won't they?

2060
01:38:57,760 --> 01:39:00,280
Speaker 4: Yeah, well, I mean you're thinking about the blokes, got

2061
01:39:00,320 --> 01:39:03,120
Speaker 4: the ladies, the ladies ladies to just take out an

2062
01:39:03,120 --> 01:39:06,400
Speaker 4: old cardigan. You know it's okay.

2063
01:39:07,000 --> 01:39:09,160
Speaker 35: Phineas is coming in. Do you have you heard of Phineas?

2064
01:39:09,560 --> 01:39:11,960
Speaker 4: Excuse me, but is that not? What's her Face's brother?

2065
01:39:12,120 --> 01:39:12,320
Speaker 3: Yeah?

2066
01:39:12,600 --> 01:39:13,920
Speaker 1: What's her faces?

2067
01:39:13,320 --> 01:39:16,280
Speaker 35: Billie Eilish, his brother is coming. We're getting a lot

2068
01:39:16,320 --> 01:39:18,040
Speaker 35: of good artists here. It's like a series I'm doing

2069
01:39:18,040 --> 01:39:20,640
Speaker 35: on this show if you've noticed. Yes, he's going to

2070
01:39:20,680 --> 01:39:23,400
Speaker 35: be coming in January the seventh for a one off

2071
01:39:23,439 --> 01:39:25,559
Speaker 35: show town Hall in Auckland. It is a one off show.

2072
01:39:25,560 --> 01:39:27,080
Speaker 35: It's kind of in that New Year's period, which is

2073
01:39:27,120 --> 01:39:28,439
Speaker 35: a slightly random time.

2074
01:39:28,880 --> 01:39:30,519
Speaker 4: But I've got his own songs, is he Yeah?

2075
01:39:30,600 --> 01:39:34,000
Speaker 35: Yeah, he's said tons of Grammy nominations, also awards, and

2076
01:39:34,040 --> 01:39:36,760
Speaker 35: he's got a brand new album called Crying Out Loud.

2077
01:39:37,080 --> 01:39:37,639
Speaker 8: Crying Out Loud.

2078
01:39:37,880 --> 01:39:38,920
Speaker 33: I would I like it?

2079
01:39:39,360 --> 01:39:39,840
Speaker 6: Do you like this?

2080
01:39:42,720 --> 01:39:43,559
Speaker 35: I think it'd be amazing.

2081
01:39:43,600 --> 01:39:45,599
Speaker 4: Yeah, No, I actually do like that. That sounds quite cool.

2082
01:39:45,680 --> 01:39:47,960
Speaker 4: I would go if I wasn't like majorly pregnant at

2083
01:39:47,960 --> 01:39:50,960
Speaker 4: that stage. All right, Thanks for that, Andy, See you tomorrow.

2084
01:39:55,560 --> 01:39:58,800
Speaker 2: For more from Hither Duplessy Allen Drave, listen Lived and

2085
01:39:58,840 --> 01:40:01,880
Speaker 2: News Talks. It'd be from four pm weekdays, or follow

2086
01:40:01,920 --> 01:40:03,680
Speaker 2: the podcast on iHeartRadio