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Speaker 1: Now here's a question for you. Do you know if

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Speaker 1: your car regio or WAFT is up to date? Chances

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Speaker 1: are the answer is no, you haven't gotten You've got

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Speaker 1: no idea because according to vehicle admin company Bonnet, nearly

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Speaker 1: half the cars on Keywi roads are not registered and

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Speaker 1: don't have a valid WAFT, and one in five are

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Speaker 1: also behind on paying for their rucks. The CEO of Bonnet,

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Speaker 1: Steve Kennard, is with us now or Steph rather Kennard

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Speaker 1: is with us. He Steph, Hi, thanks for having me.

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Speaker 1: Sorry about miss gender right front. Get off on a

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Speaker 1: good start there now. Listen, this is an estimate for

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Speaker 1: you from you guys. How have you figured this out?

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Speaker 2: So we've basically taken our active users and we've seen

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Speaker 2: how how many basically don't get the WAFT and the

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Speaker 2: regi are done on time, and how many are currently

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Speaker 2: overdue on their road. You's a charge, So, I mean,

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Speaker 2: it's pretty scary considering considering that Bonnet is the utility

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Speaker 2: to keep up to date with these things. So it

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Speaker 2: is a bit more worrying how many kind of are

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Speaker 2: out there kind of missing that threeshold of getting a

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Speaker 2: warrant in that and that how.

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Speaker 1: Much are we missing it by? You know, I mean

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Speaker 1: is it like years or is a couple of weeks

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Speaker 1: or what.

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Speaker 2: A couple of weeks? I actually was trying to dig

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Speaker 2: up that data just before the call, but I didn't

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Speaker 2: get they're done on time, but about four or so weeks,

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Speaker 2: I would say, So it's missing the threshold. People just

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Speaker 2: aren't remembering and then when they're looking at it, they're like,

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Speaker 2: oh damn, and then kind of getting it done.

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Speaker 1: Why do we do that?

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Speaker 2: People are just either not thinking about it. I mean,

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Speaker 2: there's a lot of things that people are thinking about

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Speaker 2: at the moment with the cost of living crisis. But

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Speaker 2: also when you do remember, you get you need a

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Speaker 2: warrn a fitness It's not just you know, the sixty

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Speaker 2: five dollars, it's like the treat on the tires enough,

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Speaker 2: you know what else are they going to cost me?

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Speaker 2: So it's a bit scary. And the road user charges themselves.

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Speaker 2: It's it can add up quite fast for people. So yeah,

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Speaker 2: it's not surprising merely, but it is a bit scary

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Speaker 2: considering the whole of New Zealand is about to have

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Speaker 2: to pay road user charges.

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Speaker 1: Yeah, well this is the thing, right, But the road

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Speaker 1: user charges are going to be electronic ount they so

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Speaker 1: that'll be much easier to keep on top of wanted.

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Speaker 2: Well, I mean, yeah, the government it's got to rfy

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Speaker 2: out at the moment to figure out, you know, who's

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Speaker 2: going to come to the party and provide a sudden

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Speaker 2: forget service, which is what your bonnets actually launching shortly.

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Speaker 2: But at the end of the day, there isn't kind

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Speaker 2: of a certified sudden forget model the n ZTA is

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Speaker 2: going to do. You'll still have to manually put in

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Speaker 2: what you're a dometer reading is and the whole thing

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Speaker 2: is quite fragmented, like as of today, it's just it

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Speaker 2: is just remember what your license is? Yeah, it is,

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Speaker 2: it really is.

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Speaker 1: Yeah. Now you guys are tendering for this RUX thing,

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Speaker 1: are you.

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Speaker 2: Yeah, So yeah, there's a bunch. I mean, I think

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Speaker 2: there's a there's a good number of people that are

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Speaker 2: wanting to kind of provide a solution for this. There's

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Speaker 2: a huge amount of cars going to need this, and

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Speaker 2: it's basically a race for finish in the next thirteen

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Speaker 2: months to provide a solution that, you know, is the

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Speaker 2: sudden forget. People's choice in terms of privacy friendly. You know,

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Speaker 2: there's going to be three options for people to kind

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Speaker 2: of choose. It's going to be manually putting in your

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Speaker 2: a dometer into an app like Bonnet, or going to

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Speaker 2: be using a device. And that device is going to

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Speaker 2: be an interesting one in itself because you know, what

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Speaker 2: is the device going to look like? How the company

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Speaker 2: that wins the race is going to be able to

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Speaker 2: do it in a privacy free, privacy first way of

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Speaker 2: not recording GPS in my opinion, because no one wants that.

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Speaker 2: And then the last way is you know, going old

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Speaker 2: school and going onto the NZTA website and putting in

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Speaker 2: your doometer, remembering.

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Speaker 1: Yes, so do you think like so it might actually

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Speaker 1: record where you've been in the past.

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Speaker 2: No, so, well, for example, the device that we've been

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Speaker 2: looking at, and this is obviously just just us. The goal,

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Speaker 2: the golden like the golden goose, to get this done

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Speaker 2: with the with the public support is going to be

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Speaker 2: doing like doing a device that doesn't record GPS. So

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Speaker 2: like the easiest way, you know, fleets at the moment

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Speaker 2: are using distance recorders basically using the GPS said like

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Speaker 2: to navigate where that vehicle is. But a device that

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Speaker 2: is privacy first, for consumers should record the distance on

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Speaker 2: the device, and they're only ping the answer, so like

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Speaker 2: they're a dometer reading. So it's basically like you need

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Speaker 2: to build that, but then you also need to prove

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Speaker 2: to the public that that's actually what you're doing. And

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Speaker 2: also the data has got data sovereignty because it's actually

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Speaker 2: quite surprising. There are lots of devices that you buy

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Speaker 2: off you know, Ali Barbara, all the data goes back

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Speaker 2: to China. So it's about building the device that's probably affordable,

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Speaker 2: you know underneath thirty forty dollars, doesn't need a battery,

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Speaker 2: can be plugged in easily, and doesn't record GPS. So

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Speaker 2: there is a lot of companies at the moment trying

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Speaker 2: to figure out what is the solution for this, And

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Speaker 2: I think that, yeah, I think that it'll be interesting

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Speaker 2: to see what the consumers how, you know, what's going

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Speaker 2: to be the balance of like, oh I just don't

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Speaker 2: want to do it, you know, just just put the

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Speaker 2: device in, or you know, I don't want anyone to

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Speaker 2: potentially even put a device in their car if I

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Speaker 2: don't know where it comes from.

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Speaker 1: Well, the conspiracy theories will the conspiracy theorists will definitely

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Speaker 1: come to the party with that and not disappoint Thank you, Steff,

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Speaker 1: appreciate It's Steph Kenner, chief executive officer at Bonnet. For

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Speaker 1: more from Heather Duplessy Allen Drive, listen live to News

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