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

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Speaker 2: It's Heather Duplicy Ellen drive with One New Zealand to

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Speaker 2: coverage like no one else news talks.

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Speaker 3: Hev afternoon, Welcome to the show coming up today. The

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Speaker 3: ocr has been cut yay by another twenty five basis points.

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Speaker 3: The outgoing governor is with us after five o'clock. Anita Baker,

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Speaker 3: the Porta do A mayor, is going to talk us

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Speaker 3: through how she feels about the extra work she has now.

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Speaker 3: Regial councils are going to be scrapped. And the AA

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Speaker 3: on the crash data that shows we're having fewer crashes

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Speaker 3: because we've got more tech in our cars.

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Speaker 1: Heather Duplicy Ellen.

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Speaker 3: So the Ports of Auckland Boss Rodger Gray is onto something,

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Speaker 3: isn't he. We are a country that loves to say no.

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Speaker 3: He said in a speech to a crowd at the

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Speaker 3: Royal New Zealand Yacht Squadron in Auckland that he went

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Speaker 3: to Miami to speak to four major cruise liners to

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Speaker 3: find out why the cruise ships aren't coming here as

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Speaker 3: much as they used to. And he apparently, he says

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Speaker 3: that apparently they call us No Zealand because we just

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Speaker 3: say no to everything. Is he wrong? I mean, look

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Speaker 3: at the news that's been around just for the last

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Speaker 3: couple of days.

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Speaker 4: Right.

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Speaker 3: Santana wants to dig seven billion dollars worth of gold

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Speaker 3: out of the ground near Cromwell. The locals say no.

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Speaker 3: Eric Stanford wants to change the curriculum so our kids

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Speaker 3: can actually get a decent international education and have a

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Speaker 3: future ahead of them. The Union say no. Chris Bishop

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Speaker 3: wants to scrap regional councils because they just waste everyone's

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Speaker 3: time and money and say no no to things. In

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Speaker 3: The perpetually concerned looked at that and said, nah, we

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Speaker 3: say no so much that the government has created the

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Speaker 3: fast track approvals process to basically bulldoze through all the

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Speaker 3: no's they know are going to come. Some of it

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Speaker 3: is the rules that we've created for ourselves, right. The

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Speaker 3: RMA is just one giant no factory. But some of

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Speaker 3: it I think is actually cultural. We have a great

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Speaker 3: life here in New Zealand. Even if you're rich or poort, whatever,

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Speaker 3: whatever your circumstances, you can enjoy your life in New Zealand.

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Speaker 3: Temperatures aren't too extreme. There aren't creatures trying to kill

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Speaker 3: you all the time, like in Australia, foreign enemies aren't

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Speaker 3: trying to kill us all the time. Like places in Europe.

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Speaker 3: We don't actually really have to struggle too much to

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Speaker 3: get by, so we can cruise, and so we do cruise.

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Speaker 3: So we just don't try. So we just say no.

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Speaker 3: We just don't want to change that much. On the

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Speaker 3: bright side, I think this attitude is changing at the minute.

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Speaker 3: I mean, I hate to make things about politics all

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Speaker 3: the time and look to politicians for help. But I

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Speaker 3: think it is because we have some brave political leaders

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Speaker 3: at the moment who are prepared to ruffle some feathers.

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Speaker 3: The Mayor of Auckland who was just getting on with

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Speaker 3: changing the port and making money for the city. The

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Speaker 3: Roma Minister christ Bishop who's scrapping the regional councils, which

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Speaker 3: is a massive thing to do. Everyone's crush Erica Stanford,

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Speaker 3: who's completely overhauling your education despite the educator saying no

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Speaker 3: to her. So when we have to say yes, when

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Speaker 3: the going gets tough like it is right now, I

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Speaker 3: think that we can say yes. My hope is though,

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Speaker 3: that we get stuck in the yes setting, we stay

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Speaker 3: here and break the habit of the constant, no setting.

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Speaker 1: For ever do for c Ellens.

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Speaker 3: Nine, who is the text number standard text fece of

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Speaker 3: Fly and Roger Gray is going to be with us

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Speaker 3: after five point thirty and talk us through what he's

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Speaker 3: had to say now. The twenty twenty six edition of

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Speaker 3: One Love Festival in Totunger has been canceled. The organizers

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Speaker 3: said on social media that because of the cost of

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Speaker 3: living crisis and the unforeseen developments behind the scenes, they've

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Speaker 3: made the decision not to hold the festival this time around,

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Speaker 3: and they're going to try again in twenty twenty seven.

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Speaker 3: But and there is a big butt here. One Love

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Speaker 3: is owned by one of the organizers of Juicy Fest

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Speaker 3: and the Timeless Summer Tour. And you know what happened

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Speaker 3: with that? A yeah, they both got canceled too. Brent

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Speaker 3: Eckeles doesn't have anything to do with One Love, thank

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Speaker 3: the good Lord. But he is a concert promoter who

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Speaker 3: knows this stuff and he's with us. Now, Hi, Brent,

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Speaker 3: how you doing? I'm very well, thank you? So what

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Speaker 3: do you reckon? Is this about the economy or is

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Speaker 3: this about this lot Being part of a group of

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Speaker 3: people who seem to be organizing festivals to just get canceled.

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Speaker 4: I think festivals have run a course and One Love

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Speaker 4: has been successful quite some time. May have just have

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Speaker 4: to pause to read Group. And I think that the

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Speaker 4: promoters have had a rough run recent so they're perhaps

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Speaker 4: licking their wounds and working out the next steps.

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Speaker 3: I think, Okay, is it a difficult time to be

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Speaker 3: running festivals at the minute.

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Speaker 4: Well not if you're Electric Avenue, which is the most

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Speaker 4: successful festival in Australasia. And I think that you know,

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Speaker 4: Rhythm and Vines are doing very well with them else

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Speaker 4: doing very well. You know, it depends. I mean that

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Speaker 4: the festivals. What is the festival? Is it just a

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Speaker 4: lineup of artists or something with an ethos? And I

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Speaker 4: think festivals have an ethos. The ones that stick around

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Speaker 4: they stick to that and they do quite well. Electric

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Speaker 4: Gavenue is a great example. I think with One Love

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Speaker 4: they seem to have an ethos at the start, but

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Speaker 4: it seemed to fade and they've got themselves in a

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Speaker 4: spider byther. I think they'll read Group and come back.

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Speaker 4: But nothing to do with the economy, I don't think.

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Speaker 3: Ah, okay, So does that mean then, Brent, if you

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Speaker 3: don't think it's got anything to do with the economy.

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Speaker 3: If you were a punter out there who's got a

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Speaker 3: ticket to a festival over summer, not this festival obviously,

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Speaker 3: but any other one, you don't need to stress out.

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Speaker 4: It should be okay, no, no, it should be fine,

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Speaker 4: you know, particularly the bigger ones. If if it's a

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Speaker 4: brand new festival, maybe you want to think about who's

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Speaker 4: running that. But I think I think in general the

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Speaker 4: word I hear out there that they're all doing pretty well.

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Speaker 3: Okay, now tell me what to do. Tell me what

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Speaker 3: to do if you are a punter, because what happened

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Speaker 3: to me, Brent is I bought tickets to Snoop Dogg, right,

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Speaker 3: and yes, yeah you remember, and there was this lot

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Speaker 3: who was involved with Snoop Dogg as well. And then

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Speaker 3: of course I'm like, oh lord, here we go, and

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Speaker 3: then I got canceled. Is there a way, so this

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Speaker 3: is like the fourth cancelation in recent times for this crowd?

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Speaker 3: Is there a way when you when you see something

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Speaker 3: being promoted to actually double check whether the people are

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Speaker 3: legit or this crowd?

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Speaker 4: I think, look at who the ticket is, and it's

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Speaker 4: a reputable ticket of someone you know, then that's a

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Speaker 4: good starting point and have a look at who the

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Speaker 4: promoter is and just google them and see what their

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Speaker 4: reputation is.

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Speaker 5: Like.

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Speaker 4: Well, I think that the realm in which some promoters work,

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Speaker 4: like in reggae or things like Snoopers kind of it's

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Speaker 4: always a bit hit and mess anyway, And I don't

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Speaker 4: think with that particular example Snoop was it was the

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Speaker 4: promoter's fault, just he just decided not to come on.

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Speaker 3: Oh what if a brand you're being I'm sure you're

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Speaker 3: being far too kind, because it was it was, it

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Speaker 3: was announced and it was going to be on the

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Speaker 3: next month, and it was it was old mate Pato again,

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Speaker 3: and I just looked at it and I thought, I'm

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Speaker 3: taking a chance with my dollars here.

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Speaker 4: Yeah. Yeah, Well, I mean to check out who the

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Speaker 4: promoter is, if the reputable s, if they've done lots

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Speaker 4: of shows. I mean, that's what he can do as

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Speaker 4: the front.

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Speaker 3: Now, what happened with Snoop was fascinating was that actually

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Speaker 3: everybody could get their money back because the money had

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Speaker 3: not actually gone to the promoter, but it had been

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Speaker 3: held in a trust or something like that had been

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Speaker 3: ring fenced. Is that something that should we be doing

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Speaker 3: that in any case, just as a matter of course.

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Speaker 4: Well, that's probably because the venue Snoop was playing was

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Speaker 4: controlled by Auckland Stadiums, who would have insisted in money

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Speaker 4: it goes through ticket Master. That ticket Master hold the

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Speaker 4: money in trust. Other tickets don't they give back to

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Speaker 4: the promoter. And I've been saying this for years, this

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Speaker 4: is going to be a disaster here, and it certainly

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Speaker 4: had happened with with with the Juicy Fest and the

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Speaker 4: other one. So but the promoters hold their money in trust,

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Speaker 4: ticket Marsters, ticket check Access, a couple of others. That's safe.

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Speaker 4: But how these other guys are allowed to give them

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Speaker 4: money back to the promoters or a Ponzi scheme? How

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Speaker 4: how does the government allow allow it to happen. I

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Speaker 4: mean there's been a noise about it for rases, nothing's happened.

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Speaker 4: They still doing it.

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Speaker 3: Yeah, yeah, Now listen, Brent. I don't know about you,

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Speaker 3: but I am just loving all the concerts we're getting

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Speaker 3: at the moment. You you, is it just me? Or

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Speaker 3: is it actually quite like a Is there a little

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Speaker 3: bit of a thing going on?

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Speaker 4: Absolutely? I mean New Zealand's a great destination and you

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Speaker 4: know there are lots of shows coming. I mean, I

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Speaker 4: can't keep up. And I think you'll find next year

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Speaker 4: with these new douvelment scheme that's going on, a lot

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Speaker 4: will be announced. Yeah, that will come through. Not maybe

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Speaker 4: in the first half of next year, maybe next summer

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Speaker 4: the b A lot comes through. It so very exciting

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Speaker 4: what's going on.

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Speaker 3: I'm loving it. Brent, thanks very much, Brent Eccles, concert promoter.

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Speaker 6: Yeah.

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Speaker 3: I'm not gonna name names, but one of the members

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Speaker 3: of the concert club just text the other two and

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Speaker 3: said to us, oh, guys, sorry, I'm going to Lewis

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Speaker 3: Capaldi next week and you're not coming. And we all

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Speaker 3: thought we were going to us. We all thought we

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Speaker 3: were going to Lewis Capaldi together because we decided we

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Speaker 3: were like, yes, we are. Do you know the story

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Speaker 3: of Lewis Capaldi. Lewis Capaldi went in, it was at Glastonbury,

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Speaker 3: played it at Glastonbury and then got because he's got

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Speaker 3: a really bad tick. He's got tourettes or something, and

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Speaker 3: he started ticking on stage and he couldn't sing us

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Speaker 3: and the crowd sang the song with him and got

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Speaker 3: him through. And then he's gone back and he's done

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Speaker 3: it anyway. So he's a big crier. He's like Jacinda

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Speaker 3: just loves a cry and we were there for it.

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Speaker 3: We were like, we want to go and see this guy.

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Speaker 3: He's epak, He's going to cry on and then she's

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Speaker 3: done it without us anyway. I hope, I hope. I

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Speaker 3: hope something bad. I hope, I hope something bad happens

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Speaker 3: to the concerts so she gets I hope it turns

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Speaker 3: out Pato's involved with that one and nothing happens. She

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Speaker 3: doesn't get her money back anyway. Darcy's next sixteen past four.

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Speaker 2: It's the Heather du Busy Allen Drive Full Show podcast

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Speaker 2: on iHeartRadio powered Blane News Talks.

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Speaker 3: Be Heather No Zealand spot on. We were people with

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Speaker 3: the candy attitude and the number eight wire mentality, and

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Speaker 3: we were known for it. Then came labor and the

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Speaker 3: mentality they spread. I know, Ry, I love to blame labor,

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Speaker 3: but I don't think it's I don't think it's fair

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Speaker 3: to blame labor. This goes back further than just in

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Speaker 3: it and Chippy in there. It's ingrained in our culture.

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Speaker 3: We love a good no. Nineteen past four.

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Speaker 2: Sport with Tab Power plays better than lot. Bigger odds

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Speaker 2: are eighteen bet responsibly.

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Speaker 3: Darcy water Grave sports talkhosters of that sallow dart.

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Speaker 6: Yeah, I think number eight wire attitude kind of started

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Speaker 6: shrinking when the distance between us and the rest of

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Speaker 6: the world also shrank. We just didn't need to have

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Speaker 6: it anymore.

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Speaker 3: We d have You even had number eight wire in

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Speaker 3: your hand, No, I.

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Speaker 6: Had slightly lesser than number eight, not quite that thick.

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Speaker 6: So I needed to be light because I was Okay,

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Speaker 6: I made a whole lot of paper monsters out of

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Speaker 6: a paper monster fold away book, right, and I made

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Speaker 6: them all with my daughter, And what can I do

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Speaker 6: with them? And say, oh, I know, I can attach

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Speaker 6: them to the chandelier because that schandalier is ugly. So

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Speaker 6: I got some wire, and as a direct result, in

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Speaker 6: my living room, I've got twenty paper monsters.

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Speaker 3: So let me just paint a picture for myself. Here,

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Speaker 3: you've got twenty pack monsters hanging from your schandalier, and

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Speaker 3: you've also got jars on your window filled with the

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Speaker 3: little sushi fish.

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Speaker 6: Yeah, and there's a huge, big floral arrangement on the

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Speaker 6: other chandelier, complete with birds all the way.

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Speaker 3: Through it peaking white eccentric.

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Speaker 6: You want to see the ferraris that I've got racing

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Speaker 6: across my living room as well. I'm up to about

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Speaker 6: twenty five now and they're running right across the wall,

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Speaker 6: right up over one door and out the other side.

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Speaker 6: It's the ADHD. I need a lot of color and

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Speaker 6: a lot of entertainment in my life. I can't do

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Speaker 6: Bland lost me nuts.

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Speaker 3: Okay, you the pool for the t twenty how's it looking.

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Speaker 6: Well, we're opening the Tournament of the black Caps on

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Speaker 6: February eighth against Afghanistani Channi. Now this is a place

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Speaker 6: that takes a bit of turn in Afghanistan a quite

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Speaker 6: hand you at the turning delivery, so that could be challenging.

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Speaker 6: We also have South Africa in our Paul too, so

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Speaker 6: got to kind of get through first in the top

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Speaker 6: couple before we get into the knockout stages. So Afghanistan

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Speaker 6: will be a threat. And saying that if we've got

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Speaker 6: a guy like getting Phillips back again, who is brutal

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Speaker 6: with the back, but he's also got a magic hand

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Speaker 6: when it comes to spinning, and of course Mitchell Santna

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Speaker 6: right up at the top of the world. He's Sodi

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Speaker 6: We're actually pretty good in those conditions. And now this

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Speaker 6: turnament being held in India again unless you're Pakistan, in

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Speaker 6: which case you're gonna play the games in Sri Lanka

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Speaker 6: because you know.

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Speaker 3: I don't know something about something that's happening.

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Speaker 6: And Fagistan and India doesn't worry.

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Speaker 3: Do you agree with myself and answer the producer ways

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Speaker 3: and even your producer Corbyn? Is it Corbyn who agrees

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Speaker 3: with us that the Blues away jersey is hideous?

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Speaker 6: Yeah, but it had weird one anyway because he's a

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Speaker 6: Blues fan.

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Speaker 3: Right, it's hurdeous though jerseys and jerseys.

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Speaker 6: Right, does it really matter whether they are they represent

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Speaker 6: your fandol?

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Speaker 3: What is going on here? It's ugly to look at.

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Speaker 3: And what is going on is that Super Rugby has

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Speaker 3: started turning their jerseys into the monstrosities that you see

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Speaker 3: on the NRL field, just full of stripes and patches

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Speaker 3: and colors and all of these like advertising.

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Speaker 6: It's just you want to see them in a Hessian sack.

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Speaker 3: Why can't they just pack one color? Why can't they

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Speaker 3: go wear the brass no money?

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Speaker 6: Do you remember the Warriors from back in the day

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Speaker 6: under Wayne's scur that about thirty jerseys a day.

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Speaker 3: But then put all your sponsorship all over your blue jersey.

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Speaker 3: But it's blue and stripes, and that it's just too much.

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Speaker 6: As how do I thought you saying that own here?

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Speaker 6: Once I finished my press up regime you wanted a

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Speaker 6: picture of me nude from the shirt up. I thought

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Speaker 6: maybe you'd want spray painted uniforms on the players so

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Speaker 6: you get at their rigs.

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Speaker 3: I wouldn't say no, no, of course you wouldn't know. Okay,

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Speaker 3: thank you, Darcy, appreciate it. Massive water graves coast. You'd

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Speaker 3: be back at seven twenty two.

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Speaker 2: The headlines and the hard questions. It's the mic asking breakfast.

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Speaker 5: Original councils are going Chris Bishops and charge of it all.

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Speaker 7: I mean it was a big call for us because

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Speaker 7: resource management is massive, right, It's going to strip out

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Speaker 7: layers and layers and duplications and strip costs out of

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Speaker 7: the system.

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Speaker 3: So interesting area because no one cares, No one turns

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Speaker 3: up to vote, no one gives them monkeys.

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Speaker 7: Well I think no one cares, partly because they can't

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Speaker 7: understand it. How many people out there listening could actually

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Speaker 7: name their regional council.

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Speaker 1: Chair and then of course you've got all the confusion right.

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Speaker 7: So in Wellington where I'm from, for example, the Regional

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Speaker 7: Council runs the buses, but the Wellington City Council works

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Speaker 7: out where you can actually put a bus stop.

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Speaker 1: For example.

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Speaker 7: There's enormous levels of complexity and complication that people just

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Speaker 7: don't understand.

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Speaker 2: Back tomorrow at six am the Mic Hosking Breakfast with

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Speaker 2: Mayley's Real Estate News Talk z B. The name you

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Speaker 2: trust to get the answers you need, it's Heather Duplicyl

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Speaker 2: and drive with one New Zealand coverage like no one

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Speaker 2: else News Talk ZBB.

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Speaker 1: Heather.

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Speaker 3: I was a food vendor at one Love last year.

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Speaker 3: They had barely two or three thousand people there at

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Speaker 3: the most. It was a complete joke. The promotion and

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Speaker 3: the ticket prices were their issue. It's coming up to

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Speaker 3: twenty six past four now, so as you've already caught up,

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Speaker 3: the official cash rate has been cut to two point

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Speaker 3: two five percent, so it's been cut by twenty five

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Speaker 3: basis points. This is now the lowest point that it's

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Speaker 3: been in three years. It was a split decision, so

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Speaker 3: five of them voted to cut by twenty five. One

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Speaker 3: of them voted to stay Christian Hawks, and they're really

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Speaker 3: pushing back. They're resisting the idea that they should be

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Speaker 3: cutting in order to kind of facilitate the economic recovery,

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Speaker 3: because it's obviously not their job. Their job is inflation.

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Speaker 3: But Christian hawksby said, the economic recovery is actually underway already.

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Speaker 8: We're seeing it through consumer spending picking up. We're seeing

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Speaker 8: signs of the labor market stabilizing and turning, employment picking

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Speaker 8: up hours worked. We're not waiting for a recovery. It's

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Speaker 8: happening right now through Q three and Q four.

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Speaker 3: Well, I mean, it is happening, but Jesus a grind,

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Speaker 3: isn't it. This is what he thinks is going to

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Speaker 3: happen to the house prices.

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Speaker 8: House prices and so we think that they'll grow roughly

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Speaker 8: in line with income growth over.

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Speaker 3: The next few years.

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Speaker 8: And that's that's a good place to be in.

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Speaker 3: He is going to be with us. Actually after five

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Speaker 3: o'clock last time I checked, this is the only interview

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Speaker 3: that he's doing today in terms of like, in terms

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Speaker 3: of radio outside of the this is the Let me

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Speaker 3: just rephrase that, so we can just let's totally pump

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Speaker 3: our own ties why don't we're We're not a country

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Speaker 3: of no, We're a country of yees. Today we're going

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Speaker 3: to pump our own ties. This is the only interview

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Speaker 3: that he's doing outside of his pest conference today, So

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Speaker 3: stay tuned because after five o'clock you're going to hear

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Speaker 3: him here. The no Rugby shirt can be worse than

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Speaker 3: the Highlander's green away strip. It's hard to argue with

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Speaker 3: that's pretty That's pretty ugly, isn't it. News is next.

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Speaker 2: On your smart speaker, on the iHeart app and in

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Speaker 2: your car on your drive home. It's Heather dup c

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Speaker 2: Ellen Drive with One New Zealand and the power of

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Speaker 2: satellite mobile news talk said be.

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Speaker 3: Here the Roger from the Ports of Auckland spoke on

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Speaker 3: Jack TAM's Special Night. He was very good, he was positive.

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Speaker 3: He supported his comments by data from Import and Exports

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Speaker 3: at somebody. He was refreshing to hear that from Keith

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Speaker 3: from Kai Futdterfudder. Roger Gray is a good dude. Can

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Speaker 3: I just say that, like you, He's the kind of

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Speaker 3: guy who you would like to have a beer with.

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Speaker 3: He's a good sort. I mean he wears those ridiculous

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Speaker 3: you know John Kerwin glasses that always mark you out

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Speaker 3: as an Aucklander. Like in Auckland. Do we look at it,

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Speaker 3: We go, oh, yeah, that's those are glasses. The rest

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Speaker 3: of the country looks at them and goes, what the

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Speaker 3: hell is that on your face? He's one of those guys.

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Speaker 3: So you know, he's a bit of a city slicker,

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Speaker 3: but he's a really cool guy. He actually the rumor

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Speaker 3: around town is that he was he was in the

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Speaker 3: running for the job at in New Zealand because he

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Speaker 3: used to work at in New Zealand ages ago. Do

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Speaker 3: you know what, I would have given it to him.

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Speaker 3: That guy is awesome at what has got aviation experience.

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Speaker 3: It's froun Ports of Auckland brilliantly. Now they're turning turning

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Speaker 3: money around like they haven't before. Why he didn't get

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Speaker 3: the job as quite beyond me. Anyway, He's with us

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Speaker 3: in an hour's time, twenty four away from five.

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

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Speaker 3: Ukrainian official saying a cord has been reached with the

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Speaker 3: US on peace negotiations. The US Envoy Steve Witkoff is

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Speaker 3: going to travel to Moscow and try to get the

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Speaker 3: Russians on board. Of the two. Donald Trump has spoken

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Speaker 3: to reporters on Air Force One.

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Speaker 1: I don't have a deadline, Actus. You know what the

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Speaker 1: deadline for me is when it's over.

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Speaker 9: And I don't think everybody started a voting at this

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Speaker 9: world was suppressed.

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Speaker 10: They're losing kill many people.

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Speaker 3: Inflation in Australia has increased to three point eight percent.

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Speaker 3: This is the highest level in sixteen months. The Treasurer,

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Speaker 3: Jim Chalmers says it could be worse annual.

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Speaker 5: Through the year.

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Speaker 11: Inflation is higher than we'd like, but it is much

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Speaker 11: much lower than we inherited from our predecessors.

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Speaker 12: What we saw was.

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Speaker 11: Inflation of zero point zero in October, but we do

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Speaker 11: acknowledge that through the year number was higher than we'd

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Speaker 11: like it to be.

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Speaker 3: And finally, and English Schools, Teddy Bear has gone missing

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Speaker 3: after a trip to the upper atmosphere. Now, students at

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Speaker 3: Wolhampton School were invited to the launch of a high

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Speaker 3: altitude weather balloon and so what they did is they

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Speaker 3: strapped a couple of the school's tour is Bill the

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Speaker 3: Badger and Bradfield Bear to the balloon for a ride.

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Speaker 3: When the balloon reached the stratosphere, Bradford Bear fell off

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Speaker 3: and he's now missing, and the school reckons he's probably

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Speaker 3: landed somewhere near Reading. Thankfully, Bill the Badger stayed attached

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Speaker 3: to the balloon for the whole trip, and he's safely

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Speaker 3: back at the school.

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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.

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Speaker 3: Now, I haven't got the foggiest as to why we

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Speaker 3: told you that story, but what I'm going to tell

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Speaker 3: you is that's cool. Like that's a cool thing to

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Speaker 3: do as a school, isn't it? With us?

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Speaker 5: Now?

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Speaker 3: As Jonathan Cursley, US correspondent, Now, Jonathan, can.

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Speaker 13: We get more schools to send stuff into space? Like

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Speaker 13: this is where stuff should be. Staf is fascinating. People

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Speaker 13: are fascinated by it. Let's get more stuff up there.

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Speaker 13: Let's get school kids interested. It's a wonderful world beyond

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Speaker 13: our world.

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Speaker 3: It's technology, it's space, it's all of that. It's science.

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Speaker 3: And then what you do as well as you get

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Speaker 3: them in the little little little footwear, and then you

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Speaker 3: get them out around reading trying to find the best

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Speaker 3: and then you've got pe as well.

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Speaker 13: Like this is what it's all about. Like anybody that

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Speaker 13: should be not know what our worth, what our world has. Well,

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Speaker 13: you know, go explore what we have and let's send

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Speaker 13: more weather balloons, let's send more space stuff up. Let's

437
00:19:26,520 --> 00:19:31,520
Speaker 13: say school's interested. Kids, It's a multi million dollar idea.

438
00:19:32,280 --> 00:19:32,800
Speaker 4: Be concerned.

439
00:19:32,880 --> 00:19:34,720
Speaker 3: Do you know what, Jonathan I reckon we should stop

440
00:19:34,760 --> 00:19:36,359
Speaker 3: otherwise they're going to try to get us to design

441
00:19:36,359 --> 00:19:40,080
Speaker 3: everyone's curriculum the way we're going now. Listen, this business

442
00:19:40,080 --> 00:19:42,600
Speaker 3: with Ukraine and Trump and the peace deal are starting

443
00:19:42,640 --> 00:19:44,840
Speaker 3: to sound positive. But the problem, I would imagine there

444
00:19:44,880 --> 00:19:46,320
Speaker 3: is going to be Russia. What do you think?

445
00:19:47,560 --> 00:19:51,560
Speaker 13: Yeah, this is the multimillion dollar question. It is what

446
00:19:51,720 --> 00:19:55,080
Speaker 13: is Russia's response? I mean, you're already saying. Through Bloomberg

447
00:19:55,160 --> 00:19:58,679
Speaker 13: today leaked reports of Steve Wikoff, who is Donald Trump's

448
00:19:58,720 --> 00:20:01,719
Speaker 13: end boy to these peace deals, his idea on how

449
00:20:01,760 --> 00:20:04,439
Speaker 13: to coerce Russia into convincing Donald Trump this is the

450
00:20:04,440 --> 00:20:07,880
Speaker 13: best way forward. And President Trump responded in an Air

451
00:20:07,920 --> 00:20:13,440
Speaker 13: Force one a short time ago to these leaked audio recordings,

452
00:20:13,800 --> 00:20:16,480
Speaker 13: essentially saying, look, this is all standard practice. This is

453
00:20:17,240 --> 00:20:19,680
Speaker 13: what we do when we come to trying to deal

454
00:20:19,680 --> 00:20:22,600
Speaker 13: in these global communications and these global peace deals.

455
00:20:22,800 --> 00:20:23,800
Speaker 1: But what you've got.

456
00:20:23,680 --> 00:20:26,119
Speaker 13: Now is an often that's been put to Ukraine and

457
00:20:26,119 --> 00:20:27,800
Speaker 13: they have indicated yeah.

458
00:20:27,560 --> 00:20:29,880
Speaker 14: Look it might be positive, but they want some changes.

459
00:20:30,280 --> 00:20:32,480
Speaker 15: But ultimately it's going to come down to is Russia

460
00:20:32,480 --> 00:20:34,880
Speaker 15: going to accept those changes? Because what Russia is essentially

461
00:20:34,920 --> 00:20:38,240
Speaker 15: saying is the same thing it's said for years. Once

462
00:20:38,320 --> 00:20:41,640
Speaker 15: the Ukrainian territory. It wants Ukraine to not say that it's.

463
00:20:41,440 --> 00:20:42,119
Speaker 10: Going to be part.

464
00:20:43,240 --> 00:20:47,000
Speaker 13: It's put all of these stigmas into these protocols, This

465
00:20:47,119 --> 00:20:51,840
Speaker 13: twenty eight point piece Plankrane is going to actually want

466
00:20:53,119 --> 00:20:57,160
Speaker 13: its arm and it wants to make change.

467
00:20:57,400 --> 00:20:59,200
Speaker 3: Yeah, hold on, Jonathan, We're we're going to get you

468
00:20:59,280 --> 00:21:00,560
Speaker 3: up on the phone because you know, for all of

469
00:21:00,640 --> 00:21:03,000
Speaker 3: the talk of science and technology, it would appear that

470
00:21:03,040 --> 00:21:06,000
Speaker 3: science and technology has failed us in terms of your

471
00:21:06,000 --> 00:21:07,840
Speaker 3: WhatsApp connection. So we'll just get you up on the phone.

472
00:21:07,880 --> 00:21:09,679
Speaker 3: Se if you can finish that while we're at it,

473
00:21:09,720 --> 00:21:11,479
Speaker 3: Can I just quickly draw your attention because we are

474
00:21:11,480 --> 00:21:14,800
Speaker 3: going to talk to Christian hawksby just draw your attention

475
00:21:14,840 --> 00:21:17,200
Speaker 3: to what he's had to say today. He wants this

476
00:21:17,240 --> 00:21:19,399
Speaker 3: is what he wants for next year. He wants the

477
00:21:19,440 --> 00:21:22,359
Speaker 3: Reserve Bank to stop being the news.

478
00:21:23,880 --> 00:21:27,159
Speaker 8: We're looking forward into next year. We want to be

479
00:21:27,240 --> 00:21:30,800
Speaker 8: in a position where the reserve bank and monetary policy

480
00:21:30,960 --> 00:21:34,280
Speaker 8: is off the front pages, you know, bring back boring,

481
00:21:34,960 --> 00:21:39,240
Speaker 8: let everything else drive the economy and we can sit

482
00:21:39,359 --> 00:21:40,000
Speaker 8: in the back seat.

483
00:21:40,040 --> 00:21:40,159
Speaker 5: Now.

484
00:21:40,160 --> 00:21:42,280
Speaker 3: I don't know about you, but now that Adrian's out

485
00:21:42,280 --> 00:21:44,040
Speaker 3: of the building, that should be much more achievable than

486
00:21:44,080 --> 00:21:46,040
Speaker 3: it was before. Anyway, he's with us. After five, Jonathan

487
00:21:46,080 --> 00:21:48,320
Speaker 3: Kurzley is back with us. Jonathan, as you were, what

488
00:21:48,359 --> 00:21:48,960
Speaker 3: were you saying?

489
00:21:50,440 --> 00:21:53,119
Speaker 14: Yeah, Look, this boils down to what is Russia going

490
00:21:53,119 --> 00:21:56,679
Speaker 14: to accept? Is it going to accept what Ukraine's counterposition is,

491
00:21:56,880 --> 00:21:58,760
Speaker 14: or is it going to say, essentially, these are our

492
00:21:58,800 --> 00:22:01,720
Speaker 14: lines in the sand and we're not moving because right now,

493
00:22:01,720 --> 00:22:03,800
Speaker 14: as it says, the twenty eight point plan that's been

494
00:22:03,840 --> 00:22:07,080
Speaker 14: put forward is largely the Russian position that was for

495
00:22:07,200 --> 00:22:10,080
Speaker 14: four years ago, right at the beginning of this conflict.

496
00:22:10,119 --> 00:22:12,280
Speaker 14: It says that you know, they don't want Russia to

497
00:22:12,280 --> 00:22:14,920
Speaker 14: be part of NATO. They don't want sorry, they don't

498
00:22:14,960 --> 00:22:16,639
Speaker 14: want Ukraini to be part of NATO. They don't want

499
00:22:16,680 --> 00:22:18,159
Speaker 14: you kind of consider it. They want you create to

500
00:22:18,200 --> 00:22:20,280
Speaker 14: reduce its own army. They want your crying to reduce

501
00:22:20,320 --> 00:22:23,960
Speaker 14: its own military forces. And this is the key question

502
00:22:24,359 --> 00:22:26,720
Speaker 14: moving forward in the next couple of days is how

503
00:22:26,800 --> 00:22:29,000
Speaker 14: much is Russia willing to move Because if it's not

504
00:22:29,040 --> 00:22:33,239
Speaker 14: willing to move iota, then this peace deal is not

505
00:22:33,280 --> 00:22:35,719
Speaker 14: a peace deal at all. It is off the table.

506
00:22:36,119 --> 00:22:38,920
Speaker 14: So this comes down to what is the Kremlin allowing

507
00:22:39,560 --> 00:22:43,760
Speaker 14: in terms of movability. I suppose if you like the

508
00:22:43,880 --> 00:22:46,480
Speaker 14: Ukrainian position to be, because Ukraine's going to come back

509
00:22:46,480 --> 00:22:48,159
Speaker 14: and they're going to say we want changes to X,

510
00:22:48,280 --> 00:22:50,600
Speaker 14: Y and Z, and they are going to want changes.

511
00:22:50,640 --> 00:22:54,640
Speaker 14: They've already indicated that they it's been reported their minor changes.

512
00:22:54,720 --> 00:22:57,880
Speaker 14: But if Russia doesn't agree to it, then the whole

513
00:22:57,880 --> 00:22:58,679
Speaker 14: thing's off the table.

514
00:22:58,920 --> 00:22:59,080
Speaker 1: Yeap.

515
00:22:59,160 --> 00:23:01,119
Speaker 3: And that all comes down to whether the Russia actually

516
00:23:01,280 --> 00:23:02,679
Speaker 3: where the Russia has got a hold on Trump and

517
00:23:02,680 --> 00:23:05,000
Speaker 3: whether the Trump can push them. Jonathan, appreciate your time

518
00:23:05,000 --> 00:23:07,000
Speaker 3: and thanks for changing lines for us. It's Jonathan Cursley,

519
00:23:07,080 --> 00:23:12,320
Speaker 3: US correspondent. Okay, so apparently we're crashing less, which is

520
00:23:12,359 --> 00:23:14,960
Speaker 3: fantastic because we have so much more tech in our

521
00:23:15,000 --> 00:23:16,720
Speaker 3: cars that stops us from crashing it and the numbers

522
00:23:16,720 --> 00:23:20,119
Speaker 3: are down like quite significantly. We've also got the So

523
00:23:20,160 --> 00:23:22,040
Speaker 3: that's the first thing to know, but the other things knows.

524
00:23:22,080 --> 00:23:24,960
Speaker 3: We've got the top ten collision hotspots around New Zealand,

525
00:23:25,359 --> 00:23:29,200
Speaker 3: and nine of the top ten are in Auckland, So

526
00:23:29,480 --> 00:23:31,760
Speaker 3: I mean some of that will be a population thing,

527
00:23:32,200 --> 00:23:34,480
Speaker 3: a lot of that will be a population thing, obviously,

528
00:23:35,600 --> 00:23:38,120
Speaker 3: don't know, don't know, don't with any of your other

529
00:23:38,200 --> 00:23:40,560
Speaker 3: stuff about Auckland is and stuff like. It's just it's

530
00:23:40,600 --> 00:23:43,920
Speaker 3: just because there's more of us anyway. So number one

531
00:23:44,240 --> 00:23:49,360
Speaker 3: most crashed place, Great South Road in Auckland. Well, I mean,

532
00:23:51,280 --> 00:23:55,119
Speaker 3: not only is it because we're full of like a

533
00:23:55,119 --> 00:23:57,119
Speaker 3: lot of people, but it's because we're big. Because what

534
00:23:57,160 --> 00:23:59,560
Speaker 3: do you know about Great South Road. It's a bloody marathon.

535
00:24:00,160 --> 00:24:02,720
Speaker 3: It literally is. It runs from the city center to

536
00:24:02,840 --> 00:24:06,240
Speaker 3: pass Puka Koe is forty two k's long. So obviously

537
00:24:06,280 --> 00:24:08,600
Speaker 3: it's going to be the most crashed place, and of

538
00:24:08,640 --> 00:24:11,560
Speaker 3: course it is anyway. Then ted Arco Drive in Auckland,

539
00:24:11,600 --> 00:24:14,679
Speaker 3: Great North Road and Auckland, Mannecou Road in Auckland, Lincoln

540
00:24:14,760 --> 00:24:17,640
Speaker 3: Road in Auckland, Dominion Road in Auckland, Don McKinnon drive,

541
00:24:17,920 --> 00:24:20,439
Speaker 3: Dominkinn and Drive. It will be because it's unusually fast

542
00:24:20,920 --> 00:24:22,640
Speaker 3: in the middle of the city like you go and

543
00:24:22,720 --> 00:24:25,120
Speaker 3: all of a sudden you're like sixty, Is that even

544
00:24:25,119 --> 00:24:26,800
Speaker 3: eighty or is that just what I do on Dom

545
00:24:26,840 --> 00:24:30,080
Speaker 3: McKinnon Drive, Mount Wellington Highway and Auckland Moorhouse Avenu in

546
00:24:30,160 --> 00:24:32,560
Speaker 3: christ Thanks for helping us out your good sorts New

547
00:24:32,600 --> 00:24:35,919
Speaker 3: North Road in Auckland. So anyway, don't come to Auckland

548
00:24:36,000 --> 00:24:37,919
Speaker 3: unless you're prepare to drive like us, which is a

549
00:24:37,920 --> 00:24:40,520
Speaker 3: bit nutty by the sounds of things. AA's Terry Collins

550
00:24:40,560 --> 00:24:42,479
Speaker 3: is going to There's so much more in this By

551
00:24:42,520 --> 00:24:45,480
Speaker 3: the way, there's some really fascinating stats which Terry Collins

552
00:24:45,520 --> 00:24:48,520
Speaker 3: will run us through when he's with us. After five o'clock.

553
00:24:48,600 --> 00:24:51,280
Speaker 3: It's sixteen away from five in politics as next.

554
00:24:50,960 --> 00:24:54,280
Speaker 2: Politics with centric credit, check your customers and get payments.

555
00:24:54,280 --> 00:24:57,719
Speaker 3: Certady Heather, stop making excuses. Auckland's just full of bad drivers.

556
00:24:57,720 --> 00:24:59,159
Speaker 3: Next you'll be saying it's all the fault of the

557
00:24:59,240 --> 00:25:01,280
Speaker 3: visitors to Auckland. Well, Pete, you took the words right.

558
00:25:01,320 --> 00:25:03,280
Speaker 3: I didn't even have to say it. Thirteen away from

559
00:25:03,320 --> 00:25:06,480
Speaker 3: five Thomas Coglin, the Herald's political editors, with us Alo.

560
00:25:06,359 --> 00:25:07,840
Speaker 16: Thomas had a good afternoon.

561
00:25:07,920 --> 00:25:09,720
Speaker 3: Now you reckon everybody's got the wrong end of the

562
00:25:09,760 --> 00:25:11,919
Speaker 3: stick here, and it's not actually regional councils that are

563
00:25:11,920 --> 00:25:13,280
Speaker 3: going to get scrapped. They are the ones who get

564
00:25:13,320 --> 00:25:13,680
Speaker 3: to stay.

565
00:25:14,440 --> 00:25:17,560
Speaker 16: Yeah, well exactly. I think the language here is a

566
00:25:17,560 --> 00:25:21,520
Speaker 16: wee bit confusing and misleading. So the government has said

567
00:25:21,600 --> 00:25:24,960
Speaker 16: regional council laws are being abolished, and everyone's sort of

568
00:25:25,000 --> 00:25:27,320
Speaker 16: assumed that means that regional councils are going because I

569
00:25:27,320 --> 00:25:29,199
Speaker 16: guess you know, councilors. What do they do while they

570
00:25:29,200 --> 00:25:30,879
Speaker 16: sit around a council table. And if there are no

571
00:25:30,920 --> 00:25:34,440
Speaker 16: regional councilors, you don't have a regional council. And yet

572
00:25:35,040 --> 00:25:39,359
Speaker 16: the organization regional councils, they're sticking around Greater Wellington Regional Council,

573
00:25:39,440 --> 00:25:43,479
Speaker 16: Northern Regional Council, and I'm sorry, Shane Jones, Otiga Regional Council,

574
00:25:43,880 --> 00:25:46,399
Speaker 16: they are sticking around. Now, what is happening is that

575
00:25:46,440 --> 00:25:49,720
Speaker 16: when those councilors are gone, the regional MIAs from their

576
00:25:49,800 --> 00:25:52,760
Speaker 16: territorial authority. So that's your city councilors neat to need

577
00:25:52,840 --> 00:25:55,240
Speaker 16: in city council, Wellington City Council. You get the idea,

578
00:25:55,359 --> 00:25:57,680
Speaker 16: they come around the table and they decide what they

579
00:25:57,680 --> 00:26:01,080
Speaker 16: want for their region going forward. Government gets to approve

580
00:26:01,119 --> 00:26:04,040
Speaker 16: their plans and sets very high bars for a very

581
00:26:04,080 --> 00:26:08,439
Speaker 16: high bar for what plan those meors put forward. Now

582
00:26:08,840 --> 00:26:10,879
Speaker 16: fast forward a few years into the future. What is

583
00:26:10,960 --> 00:26:14,200
Speaker 16: very clearly happening, is it the government is wink quink, nudge,

584
00:26:14,280 --> 00:26:16,760
Speaker 16: nudge with a bit of stick, telling these meors to

585
00:26:16,840 --> 00:26:21,679
Speaker 16: amalgamate either services amalgamate, water amalgamate. You know, maybe rubbish

586
00:26:21,720 --> 00:26:25,800
Speaker 16: and stuff, transports largely amalgamated already, start amalgamating that. And

587
00:26:25,840 --> 00:26:28,640
Speaker 16: you know what, maybe you should amalgamate everything and turn

588
00:26:28,720 --> 00:26:32,440
Speaker 16: most of New Zealand into Auckland style unitary authorities, one

589
00:26:32,480 --> 00:26:35,360
Speaker 16: council top to bottom. That is what's clearly happening here. Yes,

590
00:26:35,480 --> 00:26:37,160
Speaker 16: regional councils are the ones at stay.

591
00:26:37,040 --> 00:26:39,080
Speaker 3: Okay, now hold on a second. So I definitely am

592
00:26:39,119 --> 00:26:41,280
Speaker 3: on board with what you're saying. It clearly is an

593
00:26:41,280 --> 00:26:43,720
Speaker 3: amalgamation that's going to have to happen across the country.

594
00:26:43,920 --> 00:26:47,320
Speaker 3: But where I'm where I want you to explain to me,

595
00:26:47,520 --> 00:26:49,600
Speaker 3: is do you because we've got two layers here. We've

596
00:26:49,640 --> 00:26:52,879
Speaker 3: got the regional council above the city and district councils.

597
00:26:53,240 --> 00:26:56,880
Speaker 3: If those guys the city and district councils amalgamate? Do

598
00:26:56,880 --> 00:27:00,240
Speaker 3: they amalgamate with themselves and with the regional council? Like

599
00:27:00,359 --> 00:27:03,680
Speaker 3: is it horizontal and vertical amalgamation? Yes?

600
00:27:03,800 --> 00:27:06,600
Speaker 16: Yes, I believe that that is the most likely end.

601
00:27:06,680 --> 00:27:09,280
Speaker 3: So you've got so in a place like gosh, let's

602
00:27:09,280 --> 00:27:11,879
Speaker 3: say Wellington, where you've got Wellington Regional Council, you've got

603
00:27:11,960 --> 00:27:14,880
Speaker 3: ht City lower hut porter to a carpety and Wellington.

604
00:27:15,280 --> 00:27:17,680
Speaker 3: Are you telling me that you get all those those

605
00:27:17,760 --> 00:27:20,480
Speaker 3: councils to amalgamate and then they suck up the regional

606
00:27:20,480 --> 00:27:22,840
Speaker 3: council one as well, and it's just this one big entity.

607
00:27:23,359 --> 00:27:25,880
Speaker 16: Yes, I think that the endpoint is the greater Wellington

608
00:27:25,920 --> 00:27:29,560
Speaker 16: Regional Council just subsumes those smaller councils into it, and

609
00:27:29,600 --> 00:27:32,159
Speaker 16: then you have, you know, the Wellington Super City Council

610
00:27:32,520 --> 00:27:33,040
Speaker 16: or whatever they.

611
00:27:33,000 --> 00:27:35,440
Speaker 3: Want to put it. This is semantics because because it's

612
00:27:35,720 --> 00:27:38,440
Speaker 3: they all survive. They all just survive in one It's

613
00:27:38,440 --> 00:27:41,080
Speaker 3: not that regional councils survive and the others die. They

614
00:27:41,119 --> 00:27:43,360
Speaker 3: all just get sucked up into one big thing, isn't it.

615
00:27:44,040 --> 00:27:46,600
Speaker 16: Yeah, that's a that's possibly a more accurate, accurate way

616
00:27:46,640 --> 00:27:48,760
Speaker 16: of putting it is that everyone survives just in the

617
00:27:48,800 --> 00:27:50,080
Speaker 16: different different.

618
00:27:49,840 --> 00:27:52,360
Speaker 3: But you you would have to see efficiencies here right,

619
00:27:52,400 --> 00:27:54,960
Speaker 3: You'd have to see people being fired left, right and center.

620
00:27:55,000 --> 00:27:57,520
Speaker 3: Otherwise you're just going to end up with huge numbers.

621
00:27:57,800 --> 00:28:01,080
Speaker 16: Perhaps you saw used today Wellington City Council alone, so

622
00:28:01,119 --> 00:28:03,000
Speaker 16: that would be the largest council in that Wellington group,

623
00:28:03,040 --> 00:28:05,840
Speaker 16: and I think they were overstaffed by about three hundred people.

624
00:28:05,880 --> 00:28:07,800
Speaker 16: So that's just one of the councils. When you put

625
00:28:07,840 --> 00:28:11,880
Speaker 16: them that council plus another five councils into another bigger council,

626
00:28:12,640 --> 00:28:16,440
Speaker 16: you would expect some some efficiencies, quite big ones, i'd imagine.

627
00:28:18,119 --> 00:28:19,919
Speaker 3: I mean, I want to see massive the like I

628
00:28:19,920 --> 00:28:22,240
Speaker 3: want to see seventy percent efficiencies. Do you know what

629
00:28:22,280 --> 00:28:23,560
Speaker 3: I mean? Or am I just dreaming?

630
00:28:24,040 --> 00:28:24,200
Speaker 17: Oh?

631
00:28:24,560 --> 00:28:28,600
Speaker 16: Look heither As a Wellington resident, I would be lying

632
00:28:28,640 --> 00:28:30,800
Speaker 16: if I said it I was not reminded on a

633
00:28:30,880 --> 00:28:33,639
Speaker 16: very regular basis of their efficiencies to be found our

634
00:28:33,760 --> 00:28:34,520
Speaker 16: local government.

635
00:28:34,760 --> 00:28:36,879
Speaker 3: Could I play you something? This is Nicola Willis on

636
00:28:37,240 --> 00:28:40,040
Speaker 3: Nick Mills Wellington Morning Show National.

637
00:28:40,200 --> 00:28:42,920
Speaker 18: We haven't come up with what our party position will

638
00:28:42,960 --> 00:28:45,560
Speaker 18: be after the election, so you could be as well.

639
00:28:45,600 --> 00:28:47,400
Speaker 18: We haven't ruled out repealing it either.

640
00:28:48,400 --> 00:28:50,640
Speaker 10: Wow, that's not been talked about.

641
00:28:50,800 --> 00:28:53,120
Speaker 18: Well, we haven't taken a position yet, but it's not

642
00:28:53,160 --> 00:28:56,240
Speaker 18: impossible that we would go to the campaign trail saying yes,

643
00:28:57,040 --> 00:28:59,760
Speaker 18: we met our coalition commitment, we supported that into law,

644
00:29:00,400 --> 00:29:03,200
Speaker 18: but actually we agree with the concerns of some people.

645
00:29:03,360 --> 00:29:05,920
Speaker 18: It hasn't operated as we hoped and we want to

646
00:29:05,960 --> 00:29:07,600
Speaker 18: repel it. We haven't come to a position yet, but

647
00:29:07,600 --> 00:29:08,440
Speaker 18: we're not ruling it out.

648
00:29:08,480 --> 00:29:10,840
Speaker 3: Thomas. This is about the Regulatory Standards Act. Does she

649
00:29:10,920 --> 00:29:14,320
Speaker 3: just spitballing or is National doing exactly the same thing

650
00:29:14,360 --> 00:29:16,640
Speaker 3: New Zealand first did, having voted for the thing last

651
00:29:16,640 --> 00:29:18,479
Speaker 3: week and passed it. Now they're changing their minds.

652
00:29:19,000 --> 00:29:20,800
Speaker 16: Yeah, it's a bit of both. I think the holding

653
00:29:20,840 --> 00:29:24,040
Speaker 16: their cards very close to their chest. David Seymour last week,

654
00:29:24,080 --> 00:29:26,680
Speaker 16: after Winston said that he was he was thinking, well

655
00:29:26,720 --> 00:29:29,040
Speaker 16: he was going to campaign on repealing it. He said

656
00:29:29,120 --> 00:29:33,160
Speaker 16: that that was effectively Winston pivoting towards going with Labor again.

657
00:29:33,480 --> 00:29:36,920
Speaker 16: Now National's saying hold on, David Seymour, Actually, you know,

658
00:29:36,960 --> 00:29:40,720
Speaker 16: the coalition agreement binds us for one term. But as

659
00:29:40,760 --> 00:29:44,160
Speaker 16: we said around the coalition negotiation table in twenty twenty

660
00:29:44,160 --> 00:29:47,160
Speaker 16: six to form a new government. Actually, you know, anything's

661
00:29:47,200 --> 00:29:49,280
Speaker 16: back on the table. And if you really think this

662
00:29:49,640 --> 00:29:52,120
Speaker 16: Actor is working, and we don't think that it is working,

663
00:29:52,200 --> 00:29:54,680
Speaker 16: and we've campaigned on saying that it isn't working, well,

664
00:29:54,720 --> 00:29:56,640
Speaker 16: actually we need to have a discussion at that point

665
00:29:57,200 --> 00:30:00,720
Speaker 16: about who gets their way. I think it is a

666
00:30:00,840 --> 00:30:04,520
Speaker 16: very a very real prospect. Perhaps not, you know, it's

667
00:30:04,560 --> 00:30:07,360
Speaker 16: not sixty forty or seventy thirty, it's a but fifty

668
00:30:07,360 --> 00:30:10,120
Speaker 16: to fifty. I have to say that that National does

669
00:30:10,160 --> 00:30:13,680
Speaker 16: actually campaign on either changing it or repealing it. And

670
00:30:13,720 --> 00:30:15,840
Speaker 16: then David Seymour has to fight for the fight for

671
00:30:15,920 --> 00:30:17,760
Speaker 16: the Act, which is a very big part of act

672
00:30:17,800 --> 00:30:20,080
Speaker 16: sort of history. They've wanted it for decades or a

673
00:30:20,240 --> 00:30:23,040
Speaker 16: decade to keep it. So I think I think what

674
00:30:23,040 --> 00:30:26,760
Speaker 16: you're seeing here is the very start of coalition negotiations.

675
00:30:26,760 --> 00:30:27,560
Speaker 16: Twenty twenty six.

676
00:30:27,680 --> 00:30:30,760
Speaker 3: Oh dear God. All right, okay, thank you, thank you.

677
00:30:30,840 --> 00:30:33,280
Speaker 3: Thomas Thomas Coglan, the Herald's political editor. I have to

678
00:30:34,000 --> 00:30:35,560
Speaker 3: come back to this and just to take eight away

679
00:30:35,560 --> 00:30:37,480
Speaker 3: from five either, I just saw a crash on Great

680
00:30:37,480 --> 00:30:40,160
Speaker 3: South Road in Manyerewa. Well it is Great South Road

681
00:30:40,200 --> 00:30:42,080
Speaker 3: after all. I mean, there'll be several thousand crashes on

682
00:30:42,120 --> 00:30:44,520
Speaker 3: Great South Road at exactly the same time. By the way,

683
00:30:44,640 --> 00:30:48,120
Speaker 3: I confused Don McKinnon drive with Ian McKinnon drive just before.

684
00:30:48,400 --> 00:30:50,600
Speaker 3: Ian McKinnon drive is the one that goes really quickly

685
00:30:50,600 --> 00:30:52,240
Speaker 3: onto Dominion Road, like all of a sudden, you're like

686
00:30:52,280 --> 00:30:55,040
Speaker 3: where speeding and then you're on Dominion Road again. Don

687
00:30:55,120 --> 00:30:57,040
Speaker 3: McKinnon drive is the one in Albany that's just a

688
00:30:57,040 --> 00:31:00,400
Speaker 3: big circle and it's it's it's crash prone because it's

689
00:31:00,400 --> 00:31:03,760
Speaker 3: a big circle full of like lots of cars. So anyway, again,

690
00:31:03,840 --> 00:31:04,880
Speaker 3: it's just that it's just the.

691
00:31:05,040 --> 00:31:08,280
Speaker 19: Popular right around them all and like your center, and

692
00:31:08,360 --> 00:31:10,720
Speaker 19: so there's people coming and urging the car parks out

693
00:31:10,760 --> 00:31:12,160
Speaker 19: of car parks and roundabouts.

694
00:31:12,200 --> 00:31:16,800
Speaker 3: Yeah, loving a crash there. Okay, listen five away from

695
00:31:17,080 --> 00:31:19,560
Speaker 3: four away from five, just on what Thomas was talking about.

696
00:31:20,160 --> 00:31:22,080
Speaker 3: The NATS need to if the NATS are serious, if

697
00:31:22,080 --> 00:31:25,120
Speaker 3: they're really thinking about repealing the Regulatory Standards Act, do

698
00:31:25,200 --> 00:31:27,560
Speaker 3: us a favor and just cut that idea immediately. This

699
00:31:27,680 --> 00:31:29,640
Speaker 3: is the kind of silly buggers you expect from Welling

700
00:31:29,720 --> 00:31:32,360
Speaker 3: from Winston, right, Winston gets away with silly buggers like

701
00:31:32,400 --> 00:31:34,480
Speaker 3: that because it's Winston because he's got a cheeky grin

702
00:31:34,480 --> 00:31:36,040
Speaker 3: and he's kind of charming, and you know, you know,

703
00:31:36,120 --> 00:31:38,000
Speaker 3: he plays silly buggers and changes his mind the whole

704
00:31:38,000 --> 00:31:39,560
Speaker 3: time and you're not even sure that he's actually read

705
00:31:39,560 --> 00:31:42,400
Speaker 3: the cabinet papers. That is not what the National Party

706
00:31:42,440 --> 00:31:44,440
Speaker 3: is about. The National Party is supposed to be about stability,

707
00:31:44,480 --> 00:31:46,720
Speaker 3: and it's that it's the daddy in the coalition. See,

708
00:31:46,760 --> 00:31:48,400
Speaker 3: you can't be saying, oh, yeah, we passed the thing

709
00:31:48,480 --> 00:31:50,200
Speaker 3: last week and now we're going to change it next week.

710
00:31:50,520 --> 00:31:54,160
Speaker 3: It's just credibility undermining. What this is, though, is this

711
00:31:54,200 --> 00:31:56,680
Speaker 3: is how hard they are all flirting with Winston. They're

712
00:31:56,680 --> 00:31:58,760
Speaker 3: all like, oh, Winston, did you want to did you

713
00:31:58,800 --> 00:32:00,000
Speaker 3: want to did you want to get rid of the red

714
00:32:00,080 --> 00:32:02,479
Speaker 3: liter Me too? I also hate the regular I know,

715
00:32:02,560 --> 00:32:05,160
Speaker 3: I said I love the Regulatory Standards Bill last week,

716
00:32:05,320 --> 00:32:08,720
Speaker 3: but I actually don't, Winston. I just love you. Stop

717
00:32:08,760 --> 00:32:13,880
Speaker 3: it gross. Get a room. National and Labor and Winston

718
00:32:13,920 --> 00:32:17,080
Speaker 3: need to get a room. Sort out their weird menagatoire.

719
00:32:17,160 --> 00:32:19,280
Speaker 3: I don't want to watch this stuff. I just want

720
00:32:19,320 --> 00:32:21,680
Speaker 3: it to be sorted and leave, for God's sake, leave

721
00:32:21,720 --> 00:32:24,640
Speaker 3: the Regulatory Standards Act alone, right, it's been passed. You

722
00:32:24,720 --> 00:32:26,400
Speaker 3: passed it to a bunch of weirdos. Don't try to

723
00:32:26,440 --> 00:32:30,040
Speaker 3: undo it. There we go, got that off our chest. Now,

724
00:32:30,080 --> 00:32:36,080
Speaker 3: amn't we anywhere? I what to do with all these children? Okay?

725
00:32:36,160 --> 00:32:40,000
Speaker 3: So Christian Hawksby Reserve Bank outgoing governor is going to

726
00:32:40,080 --> 00:32:41,640
Speaker 3: be with us next, talk us through why they went

727
00:32:41,640 --> 00:32:43,800
Speaker 3: for twenty five basis points. What he thinks the economy

728
00:32:43,840 --> 00:32:45,800
Speaker 3: is going to do next week and then next year,

729
00:32:45,880 --> 00:32:47,880
Speaker 3: rather I mean next week we could probably predict and

730
00:32:47,960 --> 00:32:49,760
Speaker 3: what he's doing next. News Talk ZB.

731
00:33:02,040 --> 00:33:04,480
Speaker 2: The only drive show you can try the truck to

732
00:33:04,520 --> 00:33:08,240
Speaker 2: ask the question, get the answers, find a fag sack.

733
00:33:08,120 --> 00:33:10,080
Speaker 1: And give the analysis.

734
00:33:10,360 --> 00:33:13,640
Speaker 2: Here the duplicl and drive with one New Zealand and

735
00:33:13,760 --> 00:33:16,440
Speaker 2: the power of satellite mobile news dogs V.

736
00:33:18,200 --> 00:33:20,640
Speaker 3: Good afternoon. The Reserve Bank has cut the official cash

737
00:33:20,720 --> 00:33:22,600
Speaker 3: rate today by a quarter of a percent. It is

738
00:33:22,640 --> 00:33:25,000
Speaker 3: now sitting at two point twenty five percent, the lowest

739
00:33:25,040 --> 00:33:27,280
Speaker 3: in three years. It reckons this is the Reserve Bank.

740
00:33:27,280 --> 00:33:29,560
Speaker 3: It reckons inflation is not a problem. The economy is

741
00:33:29,560 --> 00:33:32,840
Speaker 3: already growing in the labor market is stabilizing. Christian Hawksby

742
00:33:32,960 --> 00:33:36,040
Speaker 3: is the outgoing governor. High Christian gooday is that at

743
00:33:36,080 --> 00:33:37,240
Speaker 3: one and done, no more cuts.

744
00:33:39,080 --> 00:33:42,640
Speaker 20: We've put out an OCR projection which would have the

745
00:33:42,640 --> 00:33:46,560
Speaker 20: OCR will be consistent with the oceach bench unchanged over

746
00:33:46,600 --> 00:33:49,880
Speaker 20: two thousand in twenty six and we think that's a

747
00:33:49,920 --> 00:33:52,440
Speaker 20: good position to be in, having done a lot of

748
00:33:52,480 --> 00:33:55,880
Speaker 20: work over the course of this year, a loosen policy

749
00:33:56,040 --> 00:33:58,240
Speaker 20: and starting to see it having in its effect.

750
00:33:58,560 --> 00:34:00,640
Speaker 3: And one of the things that you take into account

751
00:34:00,680 --> 00:34:03,400
Speaker 3: possible possibly is the fact that Kiwi's like, even this

752
00:34:03,440 --> 00:34:05,440
Speaker 3: cut may not be enough to get Kiwis going in.

753
00:34:07,280 --> 00:34:09,759
Speaker 20: That's the doubt, you know. The downside risk is that

754
00:34:10,440 --> 00:34:14,000
Speaker 20: households and businesses feel bit battered and bruised still from

755
00:34:14,040 --> 00:34:17,200
Speaker 20: this year and are a bit cautious. Our fifty point

756
00:34:17,239 --> 00:34:19,560
Speaker 20: cut in October was you know, sort of designed to

757
00:34:19,800 --> 00:34:22,520
Speaker 20: a bit of a shot in the arm to address that.

758
00:34:23,600 --> 00:34:26,240
Speaker 20: So there is that risk still there. On the other side,

759
00:34:26,920 --> 00:34:30,640
Speaker 20: the recovery could be faster and stronger than we expect

760
00:34:30,680 --> 00:34:33,960
Speaker 20: because we have cut interest rates a long way and

761
00:34:34,239 --> 00:34:36,400
Speaker 20: it could really start coming through quite quickly.

762
00:34:36,520 --> 00:34:38,239
Speaker 3: I can't call it, what's your gut telling you.

763
00:34:40,120 --> 00:34:42,719
Speaker 20: I think we've we have done a lot of work.

764
00:34:42,800 --> 00:34:46,759
Speaker 20: I'm a true believer that monetary policy works. People have

765
00:34:46,880 --> 00:34:49,839
Speaker 20: their doubts, but it just does work its way through

766
00:34:49,880 --> 00:34:50,880
Speaker 20: all the different channels.

767
00:34:51,120 --> 00:34:53,359
Speaker 3: Can I put something to you It's worked historically, right,

768
00:34:53,400 --> 00:34:55,640
Speaker 3: But the problem that's happened now is that you might

769
00:34:55,640 --> 00:34:57,440
Speaker 3: have cut the ocr and I've come off my rate

770
00:34:57,480 --> 00:34:59,480
Speaker 3: and I've refixed at a lower rate, but by the

771
00:34:59,520 --> 00:35:02,839
Speaker 3: same exactly the same time, my counsel is chucking up

772
00:35:02,840 --> 00:35:05,600
Speaker 3: my rates. So any free cash has been sucked up

773
00:35:05,640 --> 00:35:06,600
Speaker 3: in that again, isn't it.

774
00:35:08,000 --> 00:35:12,000
Speaker 20: There's lots of different channels through rich monetary policy works.

775
00:35:12,200 --> 00:35:16,800
Speaker 20: You wealth channel, cash flow channel, the exchange rate channel.

776
00:35:16,920 --> 00:35:19,040
Speaker 20: You know, we're seeing we're so we're seeing it working.

777
00:35:19,360 --> 00:35:22,680
Speaker 20: The exchange rate one is one that people don't talk

778
00:35:22,719 --> 00:35:25,080
Speaker 20: so much about at the moment that the key we

779
00:35:25,160 --> 00:35:30,680
Speaker 20: has weakend that's listing. You know, export earn much to you.

780
00:35:31,040 --> 00:35:34,120
Speaker 3: Is it possible that we are actually poorer than you

781
00:35:34,160 --> 00:35:36,840
Speaker 3: guys might anticipate, and that even the money that you

782
00:35:36,880 --> 00:35:38,640
Speaker 3: free up as being sucked up by bills, Like we

783
00:35:38,719 --> 00:35:40,759
Speaker 3: just don't have as much disposable cash as you might

784
00:35:40,800 --> 00:35:41,239
Speaker 3: think we do.

785
00:35:42,960 --> 00:35:47,560
Speaker 20: We we do have a lower potential growth rate of

786
00:35:47,560 --> 00:35:51,880
Speaker 20: the economy. Is what we've noticed that the productivity growth

787
00:35:51,960 --> 00:35:55,960
Speaker 20: is pretty weak, population growth is pretty weak, so we

788
00:35:56,040 --> 00:35:58,200
Speaker 20: kind of need to be realistic about how fast the

789
00:35:58,239 --> 00:36:01,720
Speaker 20: economy can grow and the future. But what we're seeing

790
00:36:01,719 --> 00:36:05,360
Speaker 20: as a lot of spare capacity, and that's what's motivating

791
00:36:05,440 --> 00:36:07,400
Speaker 20: us to go, Okay, we can have low interest rates

792
00:36:07,400 --> 00:36:11,480
Speaker 20: because we can have an economy that's running hotter for

793
00:36:11,520 --> 00:36:12,719
Speaker 20: a while to close that gap.

794
00:36:12,840 --> 00:36:14,600
Speaker 3: Okay, So I mean you talk to the business leaders,

795
00:36:14,600 --> 00:36:16,560
Speaker 3: they say they're seeing green shoots. When do you think

796
00:36:16,600 --> 00:36:18,600
Speaker 3: we start really feeling it properly?

797
00:36:20,160 --> 00:36:24,240
Speaker 20: Well, we've got a positive Q three and Q four,

798
00:36:24,360 --> 00:36:28,760
Speaker 20: and you know, once you get into you know, further

799
00:36:28,840 --> 00:36:30,840
Speaker 20: on beyond that, you're looking at about kind of a

800
00:36:30,920 --> 00:36:35,280
Speaker 20: three percent per annum type run rate as the effect

801
00:36:35,320 --> 00:36:38,319
Speaker 20: of lower interest rates kick in. So the answer is,

802
00:36:38,320 --> 00:36:41,640
Speaker 20: the recovery is happening right now. It's it's just that

803
00:36:41,680 --> 00:36:43,240
Speaker 20: we won't see the official.

804
00:36:43,000 --> 00:36:47,400
Speaker 3: Do you think they're feeling it yetow, Christian, it's.

805
00:36:47,360 --> 00:36:49,879
Speaker 20: Early days in terms of it that you know, it's

806
00:36:49,880 --> 00:36:54,640
Speaker 20: a positive quarter Q three. We look at high frequency data.

807
00:36:54,640 --> 00:36:57,600
Speaker 20: We've got a key wee GDP indicator that we update

808
00:36:57,640 --> 00:36:59,439
Speaker 20: all the time each time a new bit of data

809
00:36:59,440 --> 00:37:02,719
Speaker 20: comes out. You know, that's starting to show it. So

810
00:37:03,120 --> 00:37:06,399
Speaker 20: it's it's not about waiting for something to happen. It's

811
00:37:06,400 --> 00:37:10,560
Speaker 20: happening at the moment. It'll pick up through the next while, hope.

812
00:37:10,600 --> 00:37:12,280
Speaker 3: So okay, listen, have you met the new governor?

813
00:37:13,200 --> 00:37:13,439
Speaker 14: Yes?

814
00:37:13,680 --> 00:37:15,880
Speaker 3: What do you reckon? What's your take on her?

815
00:37:16,880 --> 00:37:19,839
Speaker 20: I think she will do a wonderful job. We've met

816
00:37:19,880 --> 00:37:23,399
Speaker 20: six times now. A big focus for me has been

817
00:37:24,040 --> 00:37:28,160
Speaker 20: supporting her, you know, induction and getting ready for the role.

818
00:37:28,320 --> 00:37:31,520
Speaker 20: So we've had a lot of discussions and you know,

819
00:37:31,600 --> 00:37:34,560
Speaker 20: everything and anything a new governor might want to ask.

820
00:37:35,200 --> 00:37:36,680
Speaker 3: She asked you about Adrian.

821
00:37:38,680 --> 00:37:41,920
Speaker 20: Before buying. You know what's gone a matter when you're

822
00:37:41,960 --> 00:37:43,080
Speaker 20: sitting in the seat, mate.

823
00:37:43,120 --> 00:37:44,799
Speaker 3: The first thing I would like if you and I

824
00:37:44,880 --> 00:37:46,680
Speaker 3: ever see each other for a beer, I'm going to

825
00:37:46,719 --> 00:37:49,480
Speaker 3: be like, right, tell me everything. It's the most fascinating thing.

826
00:37:49,600 --> 00:37:50,400
Speaker 3: What are you off to do?

827
00:37:50,440 --> 00:37:54,280
Speaker 20: By the way, I'm going to have a long break

828
00:37:54,480 --> 00:37:57,719
Speaker 20: over the summer. I've had a big job of being

829
00:37:57,760 --> 00:38:01,680
Speaker 20: focused on the finish line. Next next job is to

830
00:38:02,080 --> 00:38:04,560
Speaker 20: have a really good break and not turn my mind

831
00:38:04,600 --> 00:38:06,080
Speaker 20: to the future for as long as I can.

832
00:38:06,200 --> 00:38:08,800
Speaker 3: All right, well, good luck with that. Christian Hawksby outgoing

833
00:38:08,840 --> 00:38:10,600
Speaker 3: Reserve Bank Governor A's five.

834
00:38:10,520 --> 00:38:14,400
Speaker 1: Twelve together do for ce Ellen.

835
00:38:14,719 --> 00:38:17,840
Speaker 3: Since the government announced it is scrapping regional counselors yesterday,

836
00:38:17,920 --> 00:38:20,520
Speaker 3: mayors have started piping up and largely complaining about the

837
00:38:20,560 --> 00:38:22,319
Speaker 3: extra work that they will have to do because they're

838
00:38:22,320 --> 00:38:23,600
Speaker 3: going to be asked to fill in the place of

839
00:38:23,640 --> 00:38:27,760
Speaker 3: those counselors. Anita Baker is the mayor of Portador. Hi, Anita, Hello,

840
00:38:27,920 --> 00:38:29,280
Speaker 3: you complaining about the workload.

841
00:38:30,120 --> 00:38:32,719
Speaker 21: No, we do some of it already. I don't see

842
00:38:32,760 --> 00:38:35,279
Speaker 21: the problem. I think that the Wellington region need to

843
00:38:35,320 --> 00:38:38,640
Speaker 21: grab this opportunity and move forward and look at our amalgamation.

844
00:38:39,280 --> 00:38:41,680
Speaker 3: You want amalgamation. Do you think the starts and algamation?

845
00:38:42,400 --> 00:38:44,279
Speaker 21: I think it does start. I think we could do

846
00:38:44,320 --> 00:38:46,400
Speaker 21: it in the three years. I think you get rid

847
00:38:46,440 --> 00:38:48,640
Speaker 21: of regional Council and the four of us get together

848
00:38:48,680 --> 00:38:51,200
Speaker 21: with the five of us get together and we've become

849
00:38:51,520 --> 00:38:53,960
Speaker 21: a tlc so an authority. So I think it's the

850
00:38:54,000 --> 00:38:54,480
Speaker 21: right way to go.

851
00:38:54,600 --> 00:38:58,000
Speaker 3: I mean, you're famous for famously obviously support the SUDAA,

852
00:38:58,000 --> 00:38:59,560
Speaker 3: But what about the other mayors? Do you think they'll

853
00:38:59,600 --> 00:39:00,200
Speaker 3: be on board with it?

854
00:39:01,280 --> 00:39:04,439
Speaker 21: That's ree new meors, So I'll catch up with them

855
00:39:04,600 --> 00:39:07,440
Speaker 21: and find out Hot City did the amalgamation question to

856
00:39:07,480 --> 00:39:10,040
Speaker 21: the residents like we did, and they passed it. So

857
00:39:10,080 --> 00:39:12,200
Speaker 21: I know that the Hot City's up for it. I've

858
00:39:12,200 --> 00:39:15,480
Speaker 21: heard Andrew be up for it online, you know, speaking

859
00:39:15,600 --> 00:39:18,120
Speaker 21: to the media. So I think we just need to

860
00:39:18,120 --> 00:39:19,319
Speaker 21: get in a room and sort it out.

861
00:39:20,120 --> 00:39:22,279
Speaker 3: Do you think it is a good idea when you

862
00:39:22,320 --> 00:39:24,200
Speaker 3: look at what is going on? This is so the

863
00:39:24,200 --> 00:39:25,960
Speaker 3: start of it being the scrapping of the council is

864
00:39:25,960 --> 00:39:28,680
Speaker 3: asking the mayors to step up, then presumably the amalgamation,

865
00:39:29,080 --> 00:39:31,280
Speaker 3: and then later on down the track the RMA reform

866
00:39:31,320 --> 00:39:33,400
Speaker 3: that makes everything work faster. Do you like what you're

867
00:39:33,440 --> 00:39:33,879
Speaker 3: seeing here?

868
00:39:34,760 --> 00:39:34,920
Speaker 5: Yeah?

869
00:39:34,960 --> 00:39:35,120
Speaker 16: I do.

870
00:39:35,520 --> 00:39:35,759
Speaker 4: I do.

871
00:39:35,920 --> 00:39:37,040
Speaker 21: I'm for it. I think change.

872
00:39:37,040 --> 00:39:37,359
Speaker 3: It's good.

873
00:39:37,360 --> 00:39:39,040
Speaker 21: It's long over dyman. Local government.

874
00:39:39,280 --> 00:39:41,279
Speaker 3: We all double up? Do we do things?

875
00:39:41,320 --> 00:39:44,480
Speaker 21: One finds the other one. We're not working together, you know,

876
00:39:44,520 --> 00:39:46,560
Speaker 21: we all do the same thing and we have twenty

877
00:39:46,600 --> 00:39:48,880
Speaker 21: minutes away from each other, so it just seems silly.

878
00:39:49,080 --> 00:39:50,560
Speaker 3: Yeah, all right, I need to thank you very much,

879
00:39:50,560 --> 00:39:52,040
Speaker 3: always appreciate your time. That they need to bake it.

880
00:39:52,040 --> 00:39:53,920
Speaker 3: The mirror of Porta to five point thirteen.

881
00:39:54,239 --> 00:39:55,560
Speaker 1: He the duplus Ellen.

882
00:39:56,440 --> 00:39:58,080
Speaker 3: I don't know if you're interested in this, but I am.

883
00:39:58,200 --> 00:40:00,760
Speaker 3: Robert Owin has one dancing with the star in the US,

884
00:40:00,800 --> 00:40:05,560
Speaker 3: and that's big for him, by the way, who rude.

885
00:40:06,680 --> 00:40:08,799
Speaker 3: The reason it's big for him is because, I mean,

886
00:40:09,200 --> 00:40:12,000
Speaker 3: look at the boy, right, he's a hot babe, and

887
00:40:12,600 --> 00:40:15,279
Speaker 3: this is a market like what an amazing way to

888
00:40:15,280 --> 00:40:16,799
Speaker 3: get into a market like that. And if you've got

889
00:40:16,840 --> 00:40:18,680
Speaker 3: the looks that he's got in the charisma he's got

890
00:40:18,920 --> 00:40:20,520
Speaker 3: and the pedigree that he's got, I mean, the guy

891
00:40:20,520 --> 00:40:22,800
Speaker 3: could be a star over there anyway. So that's happened.

892
00:40:24,080 --> 00:40:26,480
Speaker 3: Banks are already moving to drop the mortgage rates. I

893
00:40:26,560 --> 00:40:29,480
Speaker 3: am loving the Cooperative Bank. These guys are bringing it

894
00:40:29,800 --> 00:40:32,000
Speaker 3: in the last week, they're the first out of the blocks.

895
00:40:32,000 --> 00:40:34,600
Speaker 3: They've announced that the floating home lane home loan rate

896
00:40:34,920 --> 00:40:38,520
Speaker 3: is down by thirty one basis points, which obviously exceeds

897
00:40:38,560 --> 00:40:40,279
Speaker 3: the twenty five that the Reserve Bank has cut the

898
00:40:40,360 --> 00:40:42,520
Speaker 3: ocr by. So now four point nine nine percent the

899
00:40:42,640 --> 00:40:46,440
Speaker 3: year go fourteen past. Okay. Now, if you love rose

900
00:40:46,880 --> 00:40:48,719
Speaker 3: and you love a bargain, and who doesn't, then get

901
00:40:48,719 --> 00:40:50,880
Speaker 3: yourself in front of the computer or the phone right now,

902
00:40:50,920 --> 00:40:52,480
Speaker 3: because you are not gonna want to miss out on

903
00:40:52,480 --> 00:40:55,719
Speaker 3: this usterly incredible eleven ninety nine Mystery Rose deal. This

904
00:40:55,760 --> 00:40:58,040
Speaker 3: is available exclusively at the Good Wine Co. That's the

905
00:40:58,040 --> 00:41:00,839
Speaker 3: Goodwine Dot Co dot zad. This deal is already going

906
00:41:00,880 --> 00:41:04,080
Speaker 3: berserk and here's why. This is a double gold medal

907
00:41:04,120 --> 00:41:08,080
Speaker 3: winning Marlborough Pino Rose up for grabs at eleven ninety

908
00:41:08,239 --> 00:41:10,680
Speaker 3: nine now. Because the deal is so sharp, we have

909
00:41:10,719 --> 00:41:12,520
Speaker 3: to keep the brand name a secret on air tonight.

910
00:41:12,560 --> 00:41:14,440
Speaker 3: The true label is on the box, It's also on

911
00:41:14,480 --> 00:41:16,840
Speaker 3: the bottle. All is revealed when it arrives on your doorstep.

912
00:41:17,080 --> 00:41:19,799
Speaker 3: The wine is being advertised as the Mystery Marlborough Rose

913
00:41:19,920 --> 00:41:22,440
Speaker 3: twenty twenty four, a double gold medal winner at the

914
00:41:22,480 --> 00:41:25,400
Speaker 3: New Zealand International Wine Show, which means that every senior

915
00:41:25,520 --> 00:41:28,799
Speaker 3: judge scored at gold. It's a luscious rose with a

916
00:41:28,800 --> 00:41:31,720
Speaker 3: crisp off dry finish class act for just eleven ninety

917
00:41:31,760 --> 00:41:33,400
Speaker 3: nine and if you order right now you're going to

918
00:41:33,440 --> 00:41:36,040
Speaker 3: pay just one dollar per case delivery to your door

919
00:41:36,080 --> 00:41:38,200
Speaker 3: anywhere in New Zealand conditions apply. How good is it

920
00:41:38,200 --> 00:41:40,840
Speaker 3: as a bargain? Order online right now at the Goodwine

921
00:41:40,880 --> 00:41:42,520
Speaker 3: Dot Co dot instead, or give them a call. Oh

922
00:41:42,560 --> 00:41:44,440
Speaker 3: eight hundred double six two double six.

923
00:41:44,320 --> 00:41:46,520
Speaker 1: To two, Heather do for Cela either.

924
00:41:46,600 --> 00:41:48,600
Speaker 3: I like Anita Baker. She's just getting on with the job,

925
00:41:48,640 --> 00:41:51,680
Speaker 3: no complaining, well done, She's actually she's a bloody good sort. Actually,

926
00:41:51,680 --> 00:41:53,160
Speaker 3: but I'm not going to talking about this business. I'm

927
00:41:53,160 --> 00:41:55,480
Speaker 3: going to get back to that. Shortly eighteen past five.

928
00:41:55,480 --> 00:41:58,000
Speaker 3: I've got some great news for you. New data shows

929
00:41:58,000 --> 00:42:01,080
Speaker 3: we're having fewer crashes every year, and it's a pair. Apparently,

930
00:42:01,120 --> 00:42:02,960
Speaker 3: thanks to all of the tech we've got in our cars,

931
00:42:03,280 --> 00:42:05,640
Speaker 3: collisions have dropped seven percent each year for the last

932
00:42:05,640 --> 00:42:08,320
Speaker 3: two years. This is according to the AMI Motor Report.

933
00:42:08,440 --> 00:42:11,759
Speaker 3: Terry Collins is the AA Transports Principal Policy Advisor and

934
00:42:11,840 --> 00:42:15,279
Speaker 3: is with us. Hi, Terry, how are you well? Thank you?

935
00:42:15,320 --> 00:42:17,640
Speaker 3: What kind of tech is helping us to stop the crashes?

936
00:42:18,760 --> 00:42:20,920
Speaker 22: Well, there's a whole bunch of tech. Someone's like adaptive

937
00:42:21,040 --> 00:42:23,120
Speaker 22: cruise control, where you set your speed and it keeps

938
00:42:23,160 --> 00:42:27,640
Speaker 22: the same distance behind the vehicle. Other's autonomous emergency braking

939
00:42:27,640 --> 00:42:29,719
Speaker 22: schemes which if you get too close to something, your

940
00:42:29,719 --> 00:42:34,800
Speaker 22: brake supply emergency immediately sorry lane departure, you start drifting

941
00:42:34,840 --> 00:42:37,760
Speaker 22: around the road. It either gives you an audio warning

942
00:42:37,920 --> 00:42:40,960
Speaker 22: or it gives you a physical tug on the steering wheel.

943
00:42:41,160 --> 00:42:41,759
Speaker 18: Do you reckon that?

944
00:42:41,800 --> 00:42:43,840
Speaker 3: Stuff? Actually really makes a difference.

945
00:42:44,400 --> 00:42:47,400
Speaker 22: Well, they reckon. The Warnish University, one of the leading

946
00:42:47,440 --> 00:42:50,880
Speaker 22: transport researchers say is that if we put autonomous urgency

947
00:42:50,920 --> 00:42:54,000
Speaker 22: braking in all our vehicles, we will have the amount

948
00:42:54,200 --> 00:42:58,280
Speaker 22: of rearing accidents and we will and the fatal accidents

949
00:42:58,320 --> 00:42:59,400
Speaker 22: will go down by a corner.

950
00:42:59,680 --> 00:43:02,160
Speaker 3: So this, I mean, this is just driver in attention,

951
00:43:02,320 --> 00:43:04,239
Speaker 3: isn't it. It's sort of like it just snaps you

952
00:43:04,280 --> 00:43:06,319
Speaker 3: out of the little feud state that you've gone into.

953
00:43:07,640 --> 00:43:09,760
Speaker 22: They're called a systems for a reason.

954
00:43:09,880 --> 00:43:12,920
Speaker 3: They're not ordinate the solitary I hate them.

955
00:43:14,040 --> 00:43:17,320
Speaker 22: Well, look that actually if you can't navigate responsibility to

956
00:43:17,640 --> 00:43:21,960
Speaker 22: an engaged, alert, responsible driver. But we know that accidents

957
00:43:21,960 --> 00:43:24,319
Speaker 22: occur when people try to do their best and does

958
00:43:24,480 --> 00:43:27,920
Speaker 22: something's happened through an attention. What they do is they

959
00:43:27,920 --> 00:43:30,320
Speaker 22: give you that physical warning or they apply the brakes

960
00:43:30,600 --> 00:43:34,160
Speaker 22: when something happens unexpectedly, and the results show themselves that

961
00:43:34,160 --> 00:43:35,560
Speaker 22: they're reducing these accidents.

962
00:43:36,239 --> 00:43:38,960
Speaker 3: Now, the cameras with the parallel parking, now that is

963
00:43:39,000 --> 00:43:40,560
Speaker 3: an absolute game changer, isn't it.

964
00:43:41,560 --> 00:43:43,200
Speaker 22: Oh, Which is for a lot of people, it's has

965
00:43:43,280 --> 00:43:45,600
Speaker 22: given them the confidence that they need to park. I've

966
00:43:45,640 --> 00:43:47,600
Speaker 22: had a car with a three hundred and sixty degree

967
00:43:47,640 --> 00:43:49,680
Speaker 22: camera and that looks down on you. And believe me,

968
00:43:49,719 --> 00:43:51,440
Speaker 22: I think I'm a good driving can part, but I

969
00:43:51,480 --> 00:43:52,640
Speaker 22: still use that technology.

970
00:43:52,719 --> 00:43:56,400
Speaker 3: That stuff is amazing. Can you explain We're having a

971
00:43:56,400 --> 00:43:58,759
Speaker 3: debate on the text at the moment about why all

972
00:43:58,800 --> 00:44:00,760
Speaker 3: of the you know, nine of the top ten crash

973
00:44:00,800 --> 00:44:04,839
Speaker 3: sites are in Auckland. I'm saying it's just population. Other

974
00:44:04,880 --> 00:44:07,160
Speaker 3: people are saying it's because we're all distracted jaffers on

975
00:44:07,200 --> 00:44:08,200
Speaker 3: our phones. What is it.

976
00:44:10,320 --> 00:44:12,840
Speaker 22: I wouldn't say it's the latter to the former, and

977
00:44:12,840 --> 00:44:15,120
Speaker 22: I would say it's to do with the DCU, the traffic.

978
00:44:14,840 --> 00:44:15,320
Speaker 3: On the roads.

979
00:44:15,400 --> 00:44:18,440
Speaker 1: Well you more it was.

980
00:44:18,440 --> 00:44:20,480
Speaker 22: Closer to you. They're trying to get they quickly. It's

981
00:44:20,560 --> 00:44:22,240
Speaker 22: just a whole bunch of things that are all working

982
00:44:22,239 --> 00:44:23,640
Speaker 22: to corect those crash sites.

983
00:44:23,760 --> 00:44:23,920
Speaker 20: Yeah.

984
00:44:23,960 --> 00:44:25,920
Speaker 3: Good on you, Terry, Thank you. I appreciate that. Look

985
00:44:25,920 --> 00:44:28,840
Speaker 3: after yourself. Terry Collins, AA Transport Principle Policy Advisor. I

986
00:44:28,840 --> 00:44:30,400
Speaker 3: hate that stuff that that stops you do you know

987
00:44:30,400 --> 00:44:32,360
Speaker 3: that stuff. The other day I was pulling out of

988
00:44:32,360 --> 00:44:35,480
Speaker 3: the drive. It was nothing like I was I was

989
00:44:35,480 --> 00:44:37,399
Speaker 3: coming out of the drive really slowly, and the car

990
00:44:37,440 --> 00:44:39,680
Speaker 3: went down the road behind me, and nixt minute the

991
00:44:39,719 --> 00:44:42,440
Speaker 3: brakes went on and like Lord above, like I was like,

992
00:44:42,480 --> 00:44:44,520
Speaker 3: if I don't die of a crash, I'm going to

993
00:44:44,600 --> 00:44:46,440
Speaker 3: die of a heart attack from what you just did

994
00:44:46,480 --> 00:44:48,359
Speaker 3: to me, because there was no risk at all. It's

995
00:44:48,400 --> 00:44:52,080
Speaker 3: just sometimes it's just over enthusiastic, like a happy puppy dog.

996
00:44:52,080 --> 00:44:53,880
Speaker 3: Do you know what I mean? Anyway, here's some more

997
00:44:53,920 --> 00:44:58,040
Speaker 3: crash stats for you millennials. Yeah, you're welcome. Yeah you go,

998
00:44:58,160 --> 00:45:00,880
Speaker 3: you good thing. Lowest crash rate out there. You are

999
00:45:00,920 --> 00:45:04,560
Speaker 3: the lowest crash rist that's right, because your parents and

1000
00:45:04,600 --> 00:45:07,239
Speaker 3: you're just awesome, you know you. You're just doing good

1001
00:45:07,280 --> 00:45:10,319
Speaker 3: by the world, you millennials. Gen X not too bad.

1002
00:45:10,400 --> 00:45:13,480
Speaker 3: Next up baby boomers also good drivers. And then all

1003
00:45:13,520 --> 00:45:16,000
Speaker 3: those people born before nineteen forty five because they're probably

1004
00:45:16,040 --> 00:45:18,200
Speaker 3: not driving anymore, so they're not really a crash for risk?

1005
00:45:18,239 --> 00:45:24,080
Speaker 3: Are they worst? By a long mile? Gen Z what

1006
00:45:24,239 --> 00:45:28,400
Speaker 3: a surprise five twenty two.

1007
00:45:28,560 --> 00:45:31,239
Speaker 2: Cutting through the noise to get the facts, it's Heather

1008
00:45:31,400 --> 00:45:35,399
Speaker 2: Duplicy Ellen drive with one New Zealand coverage like no

1009
00:45:35,480 --> 00:45:36,000
Speaker 2: one else.

1010
00:45:36,280 --> 00:45:37,240
Speaker 1: News talks there'd.

1011
00:45:37,040 --> 00:45:39,520
Speaker 3: Be Roger Gray who gave the speech saying that they

1012
00:45:39,560 --> 00:45:41,920
Speaker 3: call us no zealand he's he's gonna be with us

1013
00:45:41,920 --> 00:45:44,359
Speaker 3: in ten minutes time. It's five twenty five. Listen. I

1014
00:45:44,400 --> 00:45:48,040
Speaker 3: am hoping so much right now that Tomas Coglin and

1015
00:45:48,080 --> 00:45:51,040
Speaker 3: Anita Baker and everyone else saying this is right and

1016
00:45:51,080 --> 00:45:52,640
Speaker 3: that we are not going to stop at scrapping the

1017
00:45:52,680 --> 00:45:54,640
Speaker 3: regional councils, and that we are going to end up

1018
00:45:54,640 --> 00:45:57,319
Speaker 3: going further than this and amalgamating, because even with the

1019
00:45:57,400 --> 00:46:00,799
Speaker 3: regional councils gone, you look at what's going we have

1020
00:46:00,880 --> 00:46:03,920
Speaker 3: way too much bureaucracy at local government level. Right If

1021
00:46:03,960 --> 00:46:06,759
Speaker 3: you take out the eleven regional councils and all their

1022
00:46:06,840 --> 00:46:09,800
Speaker 3: counselors out of the mix of politics in this country,

1023
00:46:09,880 --> 00:46:13,160
Speaker 3: you are still left with fifty six city councils and

1024
00:46:13,239 --> 00:46:16,560
Speaker 3: district councils, and each of them with their twelve councilors

1025
00:46:16,600 --> 00:46:19,400
Speaker 3: or their fifteen councilors or their twenty councilors sitting around

1026
00:46:19,440 --> 00:46:22,640
Speaker 3: the table. We are a country of five million people,

1027
00:46:23,040 --> 00:46:26,000
Speaker 3: maybe six million people, like we are as many people

1028
00:46:26,000 --> 00:46:28,399
Speaker 3: as they have in the city of Melbourne. We do

1029
00:46:28,480 --> 00:46:32,960
Speaker 3: not need this much local representation. Blend him. Don't mean

1030
00:46:33,000 --> 00:46:35,600
Speaker 3: to offend you. You don't need your own council. You

1031
00:46:35,600 --> 00:46:37,879
Speaker 3: don't need one. Separate from Nelson's, which is just down

1032
00:46:37,880 --> 00:46:40,319
Speaker 3: the road. You've got thirty thousand people, Nelson's got eighty

1033
00:46:40,360 --> 00:46:44,479
Speaker 3: thousand people. Join up, share your counselors. Wellington City once

1034
00:46:44,520 --> 00:46:47,920
Speaker 3: again does not need a Wellington City mayor. Separate from

1035
00:46:48,040 --> 00:46:50,680
Speaker 3: a porta dour city mayor, separate from a hut city mayor,

1036
00:46:50,760 --> 00:46:53,480
Speaker 3: separate from a lower hut mayor, separate from a carpety

1037
00:46:53,520 --> 00:46:56,040
Speaker 3: mayor join up to everyone else in the country. We

1038
00:46:56,160 --> 00:46:59,440
Speaker 3: just think you're one place anyway. It is ridiculous that

1039
00:46:59,520 --> 00:47:02,800
Speaker 3: Auckland has twenty councilors and then so many local boards,

1040
00:47:03,000 --> 00:47:08,200
Speaker 3: that Auckland has one hundred and seventy elected politicians in

1041
00:47:08,239 --> 00:47:11,400
Speaker 3: a city that is, by international comparisons, actually quite small.

1042
00:47:11,680 --> 00:47:15,040
Speaker 3: Auckland has more politicians than the entire country has elected

1043
00:47:15,080 --> 00:47:18,160
Speaker 3: to parliament, just in Auckland. Across New Zealand. Do you

1044
00:47:18,160 --> 00:47:22,480
Speaker 3: know how many local politicians we have? Sixteen hundred, sixteen

1045
00:47:22,600 --> 00:47:25,080
Speaker 3: hundred for a group of people as big as the

1046
00:47:25,120 --> 00:47:27,480
Speaker 3: city of Melbourne. That's not even counting the people in Parliament.

1047
00:47:27,480 --> 00:47:30,480
Speaker 3: By the way. Can I suggest that this has to

1048
00:47:30,520 --> 00:47:32,160
Speaker 3: just be the start, right, we have to go further this.

1049
00:47:32,320 --> 00:47:34,120
Speaker 3: Once we get rid of regional councils, we need to

1050
00:47:34,120 --> 00:47:37,600
Speaker 3: start amalgamating so that what is currently sixty seven territorial

1051
00:47:37,600 --> 00:47:40,800
Speaker 3: authorities becomes something more reasonable like ten or eleven.

1052
00:47:41,080 --> 00:47:43,640
Speaker 1: Good Heather do for sea Ellen, Heather.

1053
00:47:44,360 --> 00:47:46,160
Speaker 3: I spilled my coffee all over me when I was

1054
00:47:46,160 --> 00:47:47,719
Speaker 3: backing out of my garage the other day, and the

1055
00:47:47,760 --> 00:47:50,640
Speaker 3: stupid break slammed on. See what I mean? And I'm

1056
00:47:50,680 --> 00:47:52,839
Speaker 3: reading that text before I read this from Tony here

1057
00:47:52,880 --> 00:47:54,759
Speaker 3: that the only logical reason that you could hate the

1058
00:47:54,840 --> 00:47:57,880
Speaker 3: driver assistance technology and because it annoys you when it

1059
00:47:57,920 --> 00:48:01,759
Speaker 3: keeps kicking in, is because you're a crap drive that

1060
00:48:01,880 --> 00:48:05,240
Speaker 3: drifts across lanes, doesn't pay attention. Just shut up, Tony,

1061
00:48:05,719 --> 00:48:08,400
Speaker 3: Just drive properly. So shut up, Tony. I'm not a

1062
00:48:08,440 --> 00:48:11,160
Speaker 3: bad driver. I never complained about the lanes stuff, or

1063
00:48:11,239 --> 00:48:13,920
Speaker 3: the yawning beep beeps or anything. I didn't. You complained

1064
00:48:13,920 --> 00:48:16,840
Speaker 3: about those random brakes, and you have to you have

1065
00:48:16,920 --> 00:48:18,960
Speaker 3: you driven with the random brakes. You have to drive

1066
00:48:19,000 --> 00:48:20,919
Speaker 3: with the random brakes to know what I'm talking about.

1067
00:48:21,000 --> 00:48:24,280
Speaker 3: Because you're making a very good judgment and then break

1068
00:48:24,360 --> 00:48:29,360
Speaker 3: goes on, you are annoying. Anyway, we'll talk to the

1069
00:48:29,440 --> 00:48:30,440
Speaker 3: huddle about that shortly.

1070
00:48:30,920 --> 00:48:39,680
Speaker 2: This way, hard questions strong opinion here the duplicyl and

1071
00:48:39,800 --> 00:48:43,120
Speaker 2: drive with one New Zealand haand of power of satellite

1072
00:48:43,120 --> 00:48:44,360
Speaker 2: mobile news talks.

1073
00:48:44,360 --> 00:48:48,000
Speaker 3: They'd be when I told judithh that, Oh my god,

1074
00:48:48,440 --> 00:48:50,880
Speaker 3: what I can't believe. I haven't told you this already? Simon,

1075
00:48:50,960 --> 00:48:52,839
Speaker 3: what's this going to be on the show today? This

1076
00:48:52,920 --> 00:48:55,200
Speaker 3: is I only had to do. Well, he's called my

1077
00:48:55,280 --> 00:48:57,680
Speaker 3: bluff because I've only had to do two days of

1078
00:48:57,800 --> 00:49:00,279
Speaker 3: sort of like hassling him for him to come on.

1079
00:49:00,400 --> 00:49:01,839
Speaker 3: But I thought it was going to take a lot

1080
00:49:01,880 --> 00:49:04,879
Speaker 3: longer than that. So anyway, he's coming on after six

1081
00:49:04,880 --> 00:49:07,080
Speaker 3: o'clock to talk about the carbon credits and whether we

1082
00:49:07,160 --> 00:49:10,120
Speaker 3: are going to be spending twenty four billion dollars overseas

1083
00:49:10,120 --> 00:49:12,759
Speaker 3: on planting trees, because of course Nicholas said no, but

1084
00:49:12,880 --> 00:49:15,640
Speaker 3: he said yes. So what's the story he'll explain after six.

1085
00:49:15,880 --> 00:49:18,600
Speaker 3: Huddle standing by right now, it's twenty four away from

1086
00:49:18,600 --> 00:49:21,239
Speaker 3: six now. The Ports of Auckland boss Roger Gray has

1087
00:49:21,239 --> 00:49:23,360
Speaker 3: called out the key we know culture. He's given a

1088
00:49:23,360 --> 00:49:26,880
Speaker 3: speech in Auckland, saying we're apparently referred to as no

1089
00:49:27,440 --> 00:49:30,879
Speaker 3: Zealand when overseas, there's plenty of business to be done

1090
00:49:30,920 --> 00:49:32,919
Speaker 3: in the country. We just need to start saying yes

1091
00:49:32,920 --> 00:49:35,759
Speaker 3: to it. So let's talk to him. Hi, Roger, Hi, Heather,

1092
00:49:35,840 --> 00:49:37,799
Speaker 3: who are these people you've been speaking to who called

1093
00:49:37,840 --> 00:49:38,640
Speaker 3: us no Zealand?

1094
00:49:39,960 --> 00:49:43,520
Speaker 17: Well, Heather, that was about nine months ago. I was

1095
00:49:43,560 --> 00:49:46,200
Speaker 17: in Miami talking to the cruise lines to try and

1096
00:49:46,280 --> 00:49:50,560
Speaker 17: understand why they were dropping off their bookings, and the

1097
00:49:50,600 --> 00:49:53,759
Speaker 17: feedback across the whole lot of the four cruise lines

1098
00:49:53,800 --> 00:49:56,360
Speaker 17: I went to was they felt that New Zealand was

1099
00:49:56,400 --> 00:49:58,799
Speaker 17: just simply too hard to deal with because people were

1100
00:49:59,000 --> 00:50:00,360
Speaker 17: so negaive about things.

1101
00:50:00,880 --> 00:50:03,080
Speaker 3: They're onto something. Ah.

1102
00:50:03,160 --> 00:50:05,719
Speaker 17: Well, what I think is interesting is that's where we

1103
00:50:05,719 --> 00:50:08,560
Speaker 17: were and that was their perception. But the cool thing

1104
00:50:08,640 --> 00:50:10,960
Speaker 17: is now I think there's a real change going on

1105
00:50:11,160 --> 00:50:15,080
Speaker 17: amongst people. There's a real starting to be a positivity

1106
00:50:15,160 --> 00:50:17,319
Speaker 17: amongst a lot of people. And you know, I think

1107
00:50:17,320 --> 00:50:19,840
Speaker 17: the Bleddersone North Wharf is a great example if you

1108
00:50:19,880 --> 00:50:22,000
Speaker 17: can just get on and do stuff. We've created two

1109
00:50:22,040 --> 00:50:24,640
Speaker 17: hundred and fifty new jobs for Aucklanders and that wholf

1110
00:50:24,719 --> 00:50:26,399
Speaker 17: will be finished by the end of next year.

1111
00:50:26,480 --> 00:50:28,400
Speaker 3: Yeah, I think you're onto something. I think that we

1112
00:50:29,320 --> 00:50:33,680
Speaker 3: I think it is changing. I hate to always, you know,

1113
00:50:34,080 --> 00:50:36,640
Speaker 3: take everything back to politics, but I think it is

1114
00:50:36,640 --> 00:50:39,239
Speaker 3: in part because we have some courageous political leaders who

1115
00:50:39,239 --> 00:50:41,399
Speaker 3: are prepared to just kind of go against the flow,

1116
00:50:41,480 --> 00:50:43,960
Speaker 3: like Wayne Brown for example, the guys in government at

1117
00:50:43,960 --> 00:50:45,120
Speaker 3: the moment. Would you put it down to.

1118
00:50:45,080 --> 00:50:49,680
Speaker 17: That, I think that's right. People are seeing that occasionally

1119
00:50:49,719 --> 00:50:53,080
Speaker 17: you need someone to specify a vision and simply make

1120
00:50:53,160 --> 00:50:54,920
Speaker 17: the hard call. And I think the mayor is a

1121
00:50:54,960 --> 00:50:58,880
Speaker 17: great example of someone who just gets on, articulates what

1122
00:50:58,960 --> 00:51:01,840
Speaker 17: he wants and then just gets it done. And business

1123
00:51:01,840 --> 00:51:03,040
Speaker 17: needs to follow that example.

1124
00:51:03,200 --> 00:51:04,719
Speaker 3: But what about the rest of us. I mean, as

1125
00:51:04,760 --> 00:51:06,640
Speaker 3: you say business needs to follow that example, what about

1126
00:51:06,680 --> 00:51:08,440
Speaker 3: the rest of us, the unions who say no, the

1127
00:51:08,480 --> 00:51:11,400
Speaker 3: locals who say no to gold mines, the rest of

1128
00:51:11,440 --> 00:51:13,879
Speaker 3: us who just constantly don't want to say yes to things.

1129
00:51:13,880 --> 00:51:15,520
Speaker 3: How do we change our attitude?

1130
00:51:16,040 --> 00:51:16,239
Speaker 19: Yeah?

1131
00:51:16,480 --> 00:51:19,759
Speaker 17: Look, I think there's no doubt that people have been

1132
00:51:19,760 --> 00:51:21,880
Speaker 17: doing it tough for the last couple of years, Absolutely

1133
00:51:22,120 --> 00:51:24,640
Speaker 17: no doubt. But what I've got is great trust in

1134
00:51:24,719 --> 00:51:28,840
Speaker 17: New Zealanders towards the fact that we are at heart

1135
00:51:29,160 --> 00:51:32,840
Speaker 17: a logical, smart community. I think the economy is actually

1136
00:51:32,880 --> 00:51:37,120
Speaker 17: better than people are actually saying. Most people are conservative,

1137
00:51:37,160 --> 00:51:40,560
Speaker 17: they don't want to jinx the return. But we're seeing

1138
00:51:40,680 --> 00:51:43,800
Speaker 17: we unloaded eight thousand cars in the last five days,

1139
00:51:43,960 --> 00:51:47,720
Speaker 17: three thousand more arrive later this week. We've had records

1140
00:51:47,719 --> 00:51:50,680
Speaker 17: container volume for the highest for nine years.

1141
00:51:50,760 --> 00:51:51,279
Speaker 22: Last month.

1142
00:51:51,640 --> 00:51:55,040
Speaker 17: The economy has turned. I think everybody feels it, but

1143
00:51:55,120 --> 00:51:57,160
Speaker 17: what they're saying is they don't want to jinx it.

1144
00:51:57,200 --> 00:51:58,800
Speaker 17: So yeah, maybe I think.

1145
00:51:59,280 --> 00:52:02,440
Speaker 3: Don't you think that this is actually part of our culture?

1146
00:52:02,480 --> 00:52:04,680
Speaker 3: Like I think that we have a certain level of

1147
00:52:04,719 --> 00:52:07,320
Speaker 3: complacency because life is actually pretty good in New Zealand

1148
00:52:07,360 --> 00:52:10,919
Speaker 3: most of the time, so we're just pretty relaxed about things,

1149
00:52:10,920 --> 00:52:12,600
Speaker 3: and therefore we say, no, what do you think?

1150
00:52:13,280 --> 00:52:15,239
Speaker 17: Yeah, I do think there's a little bit of that.

1151
00:52:15,520 --> 00:52:19,759
Speaker 17: I think there's also a natural conservativeness amongst New Zealanders.

1152
00:52:20,640 --> 00:52:23,760
Speaker 17: And you know, if I was asked what's the difference

1153
00:52:23,760 --> 00:52:27,000
Speaker 17: between Australia and New Zealand, I'd say, well, let's take

1154
00:52:27,040 --> 00:52:29,360
Speaker 17: a leaf out of their optimism book. I think Australians

1155
00:52:29,360 --> 00:52:32,200
Speaker 17: are a bit more optimistic. Yeah, let's have a crack

1156
00:52:32,960 --> 00:52:35,800
Speaker 17: we're a bit more sit back and more conservative.

1157
00:52:35,360 --> 00:52:37,320
Speaker 3: Now, Roger, I thought, jeez, I read this in the

1158
00:52:37,320 --> 00:52:40,600
Speaker 3: paper this morning. I thought, Roger, you're Australian and you're

1159
00:52:40,640 --> 00:52:43,640
Speaker 3: saying this about the Kiwis. Do you know what? Is

1160
00:52:43,719 --> 00:52:45,520
Speaker 3: everyone going to give you a hard time for this?

1161
00:52:45,600 --> 00:52:45,839
Speaker 14: Now?

1162
00:52:46,560 --> 00:52:48,719
Speaker 17: I'm sure they will have it, But you know I

1163
00:52:48,800 --> 00:52:52,080
Speaker 17: am in New Zealand now. I didn't do my citizenship,

1164
00:52:52,200 --> 00:52:54,960
Speaker 17: so I've signed up. I'm a full fledged Kiwi now.

1165
00:52:54,840 --> 00:52:57,439
Speaker 3: Okay, Well, beast of luck with that, Roger. Roger Gray,

1166
00:52:57,600 --> 00:53:00,520
Speaker 3: Chief Executive Ports of Auckland, twenty one away from six.

1167
00:53:01,040 --> 00:53:04,399
Speaker 2: The Huddle with New Zealand, Southby's International Realty, a name

1168
00:53:04,440 --> 00:53:06,600
Speaker 2: you can trust locally and globally.

1169
00:53:06,719 --> 00:53:08,719
Speaker 3: On the Huddle of this this evening, David Farrer, QB

1170
00:53:08,800 --> 00:53:11,000
Speaker 3: Blog and Curia and Jack Tame, host of Q and

1171
00:53:11,040 --> 00:53:14,399
Speaker 3: A and Saturday Mornings on Newstalk z'd be high you guys, Hello,

1172
00:53:15,000 --> 00:53:16,759
Speaker 3: think he's onto something? David? What do you think?

1173
00:53:17,600 --> 00:53:17,759
Speaker 14: Oh?

1174
00:53:17,800 --> 00:53:20,360
Speaker 5: Look, I think he's absolutely right. You can go with

1175
00:53:20,480 --> 00:53:24,319
Speaker 5: conservatism nimbiism. The thought that came to me is, Heather,

1176
00:53:24,360 --> 00:53:26,000
Speaker 5: and you used to live in Wellington when you were

1177
00:53:26,000 --> 00:53:30,440
Speaker 5: a back younger. Is the Wellington Urban Motorway, right, you

1178
00:53:30,480 --> 00:53:33,360
Speaker 5: would think it'd be impossible not to the motorway and

1179
00:53:33,400 --> 00:53:36,600
Speaker 5: to the Wellington Capital. Let me tell you that one

1180
00:53:36,640 --> 00:53:40,600
Speaker 5: of whom in motorway would never have got consented today because.

1181
00:53:40,400 --> 00:53:41,279
Speaker 14: Do you know what they did?

1182
00:53:41,800 --> 00:53:42,880
Speaker 5: They look, they plow.

1183
00:53:42,760 --> 00:53:44,160
Speaker 14: It through four hundred grades.

1184
00:53:44,600 --> 00:53:50,520
Speaker 5: Could you imagine today someone proposing anything that moved even

1185
00:53:50,640 --> 00:53:51,959
Speaker 5: one grade in their home?

1186
00:53:52,560 --> 00:53:55,640
Speaker 3: Suggesting then that the no thing is a recent advent.

1187
00:53:56,760 --> 00:53:59,880
Speaker 5: Oh, I think it's definitely got worse. I think some

1188
00:54:00,080 --> 00:54:04,520
Speaker 5: of the complacency has always been there, but I think

1189
00:54:04,560 --> 00:54:09,120
Speaker 5: it definitely has got worse. Where uh pople that Look,

1190
00:54:09,520 --> 00:54:12,640
Speaker 5: we all know we need more renewable energy. Everyone says it.

1191
00:54:13,040 --> 00:54:16,080
Speaker 5: Every time you go out and say, you know, someone

1192
00:54:16,080 --> 00:54:19,239
Speaker 5: wanted to put one turbines at Bearing Hit, perfect place

1193
00:54:19,280 --> 00:54:22,759
Speaker 5: for windy Willington and a few dozen people who lived

1194
00:54:22,800 --> 00:54:24,719
Speaker 5: on the other side of the harbor. I said, oh,

1195
00:54:24,760 --> 00:54:27,399
Speaker 5: and I might spoil my view and we.

1196
00:54:27,360 --> 00:54:28,799
Speaker 12: Didn't get her one turbines.

1197
00:54:29,600 --> 00:54:31,439
Speaker 3: Okay, why are we doing this? Jack?

1198
00:54:32,640 --> 00:54:32,799
Speaker 5: Oh?

1199
00:54:33,560 --> 00:54:36,120
Speaker 12: I think the conservatism point is a really good one,

1200
00:54:36,160 --> 00:54:38,880
Speaker 12: and literally we don't think of ourselves as being conservative,

1201
00:54:38,880 --> 00:54:40,640
Speaker 12: but there are a lot of good reasons to be

1202
00:54:40,760 --> 00:54:41,840
Speaker 12: conservative about New Zealand.

1203
00:54:41,960 --> 00:54:43,520
Speaker 14: There's a lot of good stuff that we don't want

1204
00:54:43,560 --> 00:54:43,960
Speaker 14: to change.

1205
00:54:43,960 --> 00:54:49,279
Speaker 12: I reckon personally we are less No Zealand than are

1206
00:54:50,400 --> 00:54:55,120
Speaker 12: maybe oh yeah, on, or let me think about it.

1207
00:54:55,120 --> 00:54:56,880
Speaker 12: Oh hang on, let me just refer that to the

1208
00:54:56,920 --> 00:55:03,120
Speaker 12: appeals court or perhaps yeah Zealand. Yeah that's the thing, right, Yeah,

1209
00:55:03,320 --> 00:55:06,000
Speaker 12: well it's almost it's actually in some ways it's more painful.

1210
00:55:06,040 --> 00:55:08,320
Speaker 12: Like take take the Urban Way for example, Like we

1211
00:55:08,400 --> 00:55:10,680
Speaker 12: got there in the end, but the process for getting

1212
00:55:10,680 --> 00:55:13,680
Speaker 12: there was painful, right, And I reckon, maybe this is

1213
00:55:13,680 --> 00:55:15,080
Speaker 12: one of the big things we need to change. We

1214
00:55:15,160 --> 00:55:17,560
Speaker 12: just need to be more assertive in making these decisions

1215
00:55:17,600 --> 00:55:19,880
Speaker 12: so when we do choose to support something, we get

1216
00:55:19,920 --> 00:55:20,720
Speaker 12: it done much faster.

1217
00:55:20,840 --> 00:55:21,040
Speaker 13: Yeah.

1218
00:55:21,040 --> 00:55:23,000
Speaker 3: Do you know what the other thing is I was thinking, David,

1219
00:55:23,080 --> 00:55:25,759
Speaker 3: is we actually are genuinely very nice people and we

1220
00:55:25,800 --> 00:55:28,160
Speaker 3: don't want to offend people. We don't want to cause upset.

1221
00:55:28,520 --> 00:55:30,640
Speaker 3: So when twelve people are upset about the windmills, we

1222
00:55:30,680 --> 00:55:32,600
Speaker 3: got on. But oh look, maybe it's not worth it.

1223
00:55:32,800 --> 00:55:33,680
Speaker 3: Just don't worry about it.

1224
00:55:34,560 --> 00:55:38,640
Speaker 5: Well, look, you touch on saying we've been Australian, I've

1225
00:55:38,640 --> 00:55:41,640
Speaker 5: done business. Just a couple of Australian companies and they

1226
00:55:41,719 --> 00:55:44,880
Speaker 5: will try and cut your throat over every last one

1227
00:55:44,920 --> 00:55:48,920
Speaker 5: hundred dollars and a million dollar transaction, but nothing personally

1228
00:55:49,040 --> 00:55:51,080
Speaker 5: at the end, go out, have a drink. Now in

1229
00:55:51,160 --> 00:55:55,480
Speaker 5: New Zealand it would be like harraffict to play that

1230
00:55:55,560 --> 00:55:59,360
Speaker 5: hard ball. So there's a very very different culture in

1231
00:55:59,480 --> 00:56:03,000
Speaker 5: Australia in business and news are own business or are definitely

1232
00:56:03,160 --> 00:56:06,640
Speaker 5: polite and there's a totally bad things. But maybe you

1233
00:56:06,680 --> 00:56:08,360
Speaker 5: can take it too far, David.

1234
00:56:08,400 --> 00:56:11,120
Speaker 3: Somebody says the other problem is that we smoke more

1235
00:56:11,160 --> 00:56:15,439
Speaker 3: pots than they do on Australia and that's the problem.

1236
00:56:16,920 --> 00:56:20,759
Speaker 14: I don't know that. I have to say we probably.

1237
00:56:20,400 --> 00:56:25,520
Speaker 10: Do listen to rely will have their own you know.

1238
00:56:25,440 --> 00:56:28,319
Speaker 5: They've got the can and the mafia there. But I'm

1239
00:56:28,360 --> 00:56:29,560
Speaker 5: sure they're doing.

1240
00:56:29,560 --> 00:56:32,040
Speaker 3: They're doing class as they're doing like you know, like

1241
00:56:32,320 --> 00:56:35,279
Speaker 3: heroin and and like chargey things M D M A

1242
00:56:35,400 --> 00:56:36,720
Speaker 3: and stuff, don't you think Jack.

1243
00:56:38,040 --> 00:56:40,640
Speaker 12: Well, I mean this is definitely pivotal to an area

1244
00:56:40,719 --> 00:56:41,719
Speaker 12: I wasn't expecting, but.

1245
00:56:42,640 --> 00:56:44,680
Speaker 3: Dive into the psychology of this country.

1246
00:56:44,880 --> 00:56:48,720
Speaker 12: If we're talking about the productivity benefits of various different

1247
00:56:48,719 --> 00:56:51,759
Speaker 12: classes of drugs, Yeah, I mean I wouldn't possibly want

1248
00:56:51,760 --> 00:56:52,319
Speaker 12: to comment, but I.

1249
00:56:52,280 --> 00:56:56,560
Speaker 3: Can do on cocaine and pete than you are. But

1250
00:56:56,640 --> 00:56:58,280
Speaker 3: this is undermining my argument because.

1251
00:56:58,080 --> 00:56:59,600
Speaker 5: There a lot of all I can say, they're only

1252
00:56:59,640 --> 00:57:02,160
Speaker 5: class to get done in Australia.

1253
00:57:02,640 --> 00:57:05,200
Speaker 3: Well, there you go, David, listen to that, or it's

1254
00:57:05,239 --> 00:57:07,160
Speaker 3: a real life experience. We'll take a break so we

1255
00:57:07,200 --> 00:57:09,560
Speaker 3: can just come down from that admission and we'll come

1256
00:57:09,600 --> 00:57:12,040
Speaker 3: back shortly sixteen away from what six.

1257
00:57:12,880 --> 00:57:16,640
Speaker 2: The Huddle with New Zealand Southeby's International Realty the only

1258
00:57:16,760 --> 00:57:18,080
Speaker 2: truly global brand.

1259
00:57:18,160 --> 00:57:20,480
Speaker 3: Oh yeah, back with the huddle, Jack Tayman, David Farrett

1260
00:57:20,520 --> 00:57:23,160
Speaker 3: now Jack Thomas Coglan of The Herald reckons that the

1261
00:57:23,160 --> 00:57:25,600
Speaker 3: scrapping of the regional councils is just the start, and

1262
00:57:25,640 --> 00:57:28,920
Speaker 3: we're going to end up scrapping all of the local

1263
00:57:28,960 --> 00:57:31,520
Speaker 3: authorities basically all together and ending up with eleven big

1264
00:57:31,640 --> 00:57:35,200
Speaker 3: territorial authorities like Auckland Super City. Are you cool with that?

1265
00:57:36,680 --> 00:57:36,960
Speaker 19: Do you know?

1266
00:57:37,120 --> 00:57:40,800
Speaker 12: I think the arguments in favor of amalgamation are very strong,

1267
00:57:40,880 --> 00:57:43,200
Speaker 12: indeed the devils in the detail, But I do think

1268
00:57:43,200 --> 00:57:46,240
Speaker 12: it's curious that a government that has sold itself on

1269
00:57:46,360 --> 00:57:49,600
Speaker 12: localism would go that far I mean, think about the

1270
00:57:49,600 --> 00:57:52,640
Speaker 12: ways in which they rejected the advice of the commissioners

1271
00:57:52,680 --> 00:57:56,800
Speaker 12: in Totonger to bring back democracy at the first available opportunity.

1272
00:57:56,800 --> 00:57:58,560
Speaker 12: Think about the ways in which they sold the three

1273
00:57:58,600 --> 00:58:00,240
Speaker 12: Warters policy. SID you're going to be able to come

1274
00:58:00,280 --> 00:58:02,880
Speaker 12: up with your own plans, and then compare that with

1275
00:58:03,000 --> 00:58:07,080
Speaker 12: some of the decisions since the decisions over rates capping,

1276
00:58:07,920 --> 00:58:10,720
Speaker 12: for example, and now this amalgamation. It's sort of like

1277
00:58:11,560 --> 00:58:13,080
Speaker 12: I think at the very least you could say that

1278
00:58:13,160 --> 00:58:15,280
Speaker 12: maybe they're kind of talking out both sides of their mouths,

1279
00:58:15,360 --> 00:58:18,280
Speaker 12: you know, like, oh, yeah, localism, localism actually not so much.

1280
00:58:18,720 --> 00:58:22,000
Speaker 3: Yeah, I mean, yeah, I am just so excited about it,

1281
00:58:22,080 --> 00:58:24,080
Speaker 3: David that I don't give two hopes what they've said

1282
00:58:24,080 --> 00:58:26,320
Speaker 3: in the past. I want this so badly, What about you?

1283
00:58:27,160 --> 00:58:29,440
Speaker 5: I think they've been quite cunning with it, because lot

1284
00:58:29,840 --> 00:58:32,800
Speaker 5: absolutely if you look at what's important, that's not getting

1285
00:58:32,880 --> 00:58:35,920
Speaker 5: rid of the elected councilors on region replacing them with

1286
00:58:36,080 --> 00:58:39,000
Speaker 5: MEAs so we have two years to come up with

1287
00:58:39,040 --> 00:58:43,280
Speaker 5: a regional amalgamation plan and the Minister can improve them,

1288
00:58:43,280 --> 00:58:47,240
Speaker 5: not referendum, that's the key, but rather than announced we're

1289
00:58:47,240 --> 00:58:50,280
Speaker 5: amalgamating seventy six councils, which.

1290
00:58:50,080 --> 00:58:52,920
Speaker 14: Will get a huge outcry. They're saying, we'll leave.

1291
00:58:52,720 --> 00:58:55,360
Speaker 5: It to each region to work out their own plan

1292
00:58:56,200 --> 00:58:58,960
Speaker 5: and then we'll put up for approval. And that's smart

1293
00:58:59,000 --> 00:59:02,400
Speaker 5: because lot in Wellington, you might have marligareate the four

1294
00:59:02,440 --> 00:59:05,360
Speaker 5: big urban councils, but you probably want to mailgate the

1295
00:59:05,360 --> 00:59:08,800
Speaker 5: three wire rapper ones in. So we'll now each region

1296
00:59:08,880 --> 00:59:10,880
Speaker 5: to work out what works for them. But the key

1297
00:59:10,880 --> 00:59:13,520
Speaker 5: thing is if you've got the nears on side, so

1298
00:59:13,640 --> 00:59:16,680
Speaker 5: they have to submit the plan, you're not going to

1299
00:59:16,760 --> 00:59:19,480
Speaker 5: be facing, you know, what they've had in Hawk's Bay forever,

1300
00:59:19,600 --> 00:59:21,680
Speaker 5: where one council wants it the other doesn't.

1301
00:59:21,800 --> 00:59:24,720
Speaker 3: Yeah, Jack, did you realize that we have sixteen hundred

1302
00:59:24,760 --> 00:59:28,000
Speaker 3: local body elected politicians across this country? Sixteen hundred.

1303
00:59:28,440 --> 00:59:29,280
Speaker 14: Yeah, it's crazy.

1304
00:59:29,360 --> 00:59:32,240
Speaker 12: And when you think about the things that they're responsible for, Like,

1305
00:59:32,320 --> 00:59:34,800
Speaker 12: do we honest does anyone honestly think that those elected

1306
00:59:34,800 --> 00:59:37,840
Speaker 12: officials have the expertise when it comes to governance of

1307
00:59:37,880 --> 00:59:39,640
Speaker 12: some of the things they're responsible for. I think it's

1308
00:59:39,640 --> 00:59:40,960
Speaker 12: a very hard argument to make it.

1309
00:59:41,040 --> 00:59:42,880
Speaker 3: I mean, the only disappointment, I'll tell you what my

1310
00:59:42,920 --> 00:59:45,320
Speaker 3: disappointment about it is Jack is that when I retire,

1311
00:59:45,440 --> 00:59:47,360
Speaker 3: I was I was really hoping to have this as

1312
00:59:47,480 --> 00:59:50,680
Speaker 3: kind of like a really nice little addition to my income. No,

1313
00:59:51,240 --> 00:59:52,080
Speaker 3: Ye're gone alone.

1314
00:59:52,880 --> 00:59:55,480
Speaker 12: It's like being on the body corporate and a part building.

1315
00:59:55,480 --> 00:59:57,000
Speaker 12: It's one of those things that for a moment you

1316
00:59:57,000 --> 00:59:58,440
Speaker 12: think this is going to be a great idea, and

1317
00:59:58,480 --> 00:59:59,120
Speaker 12: then the moment you.

1318
01:00:01,200 --> 01:00:02,840
Speaker 19: But have you been to.

1319
01:00:02,920 --> 01:00:06,320
Speaker 12: One meeting, let alone thirty or fifty a year.

1320
01:00:06,440 --> 01:00:08,760
Speaker 14: It would be such a punished.

1321
01:00:08,360 --> 01:00:09,840
Speaker 3: You know, you put your ear pods in and you

1322
01:00:09,960 --> 01:00:12,040
Speaker 3: listen to something else and pretend that you're there. I

1323
01:00:12,040 --> 01:00:14,200
Speaker 3: think it's easy, easy money. I'm just working whither.

1324
01:00:14,280 --> 01:00:18,200
Speaker 5: You would hate it. You would so hate it. Possibly

1325
01:00:18,200 --> 01:00:20,560
Speaker 5: your fellow counselors might be only one. You would hate

1326
01:00:20,600 --> 01:00:23,040
Speaker 5: it more, argue with you all day.

1327
01:00:25,200 --> 01:00:27,760
Speaker 3: There we go. There drives up my retirement plans. Now, David,

1328
01:00:27,760 --> 01:00:29,680
Speaker 3: have you got one of those cars that just breaks

1329
01:00:29,680 --> 01:00:29,920
Speaker 3: for you?

1330
01:00:31,480 --> 01:00:36,120
Speaker 5: I do, and lot the safety features undoubtedly have made

1331
01:00:36,160 --> 01:00:39,280
Speaker 5: cars thing. What most of all was the three sixty

1332
01:00:39,360 --> 01:00:42,919
Speaker 5: degree cameras, the backing camera. Do you remember the age

1333
01:00:42,920 --> 01:00:46,280
Speaker 5: when you back out driveway and you get ship neck pains?

1334
01:00:46,320 --> 01:00:47,520
Speaker 1: You're always looking.

1335
01:00:47,240 --> 01:00:50,040
Speaker 5: Behind you, et ceter And you know you can't quite

1336
01:00:50,040 --> 01:00:55,480
Speaker 5: see anything. But absolutely, I think technology got Modern cars

1337
01:00:55,480 --> 01:00:57,800
Speaker 5: are actually computers on wheels.

1338
01:00:58,240 --> 01:01:00,680
Speaker 3: They really are, right, Jack, I can't. I can't keep

1339
01:01:00,800 --> 01:01:02,240
Speaker 3: up with you, though, what have you? Are you still

1340
01:01:02,320 --> 01:01:04,360
Speaker 3: driving that old like clapped out Corolla.

1341
01:01:05,240 --> 01:01:06,800
Speaker 5: No, it's from the old clapped out Corolla.

1342
01:01:06,880 --> 01:01:09,360
Speaker 12: I sold that old clapped out Corolla and got a

1343
01:01:09,400 --> 01:01:12,480
Speaker 12: slightly newer Corolla, so I'm still Corolla.

1344
01:01:12,160 --> 01:01:13,800
Speaker 3: Does have any safety features.

1345
01:01:14,000 --> 01:01:15,600
Speaker 12: It's got all of the safety features.

1346
01:01:15,600 --> 01:01:16,240
Speaker 3: It's a Corolla.

1347
01:01:16,240 --> 01:01:18,880
Speaker 12: It's fantastic and it's got but he's a thing. I

1348
01:01:18,920 --> 01:01:21,480
Speaker 12: turned most of them off because they just got so

1349
01:01:21,680 --> 01:01:25,120
Speaker 12: and because so the lane departure, I wouldn't be departing

1350
01:01:25,120 --> 01:01:27,320
Speaker 12: from my lane, but I would just like go around

1351
01:01:27,320 --> 01:01:29,040
Speaker 12: a cyclist or something like that, and then it would

1352
01:01:29,040 --> 01:01:31,520
Speaker 12: start screaming at me, and I thought, ah, I can't

1353
01:01:31,520 --> 01:01:34,000
Speaker 12: be doing this. Honestly, I felt like it was making

1354
01:01:34,040 --> 01:01:35,000
Speaker 12: me a least.

1355
01:01:34,800 --> 01:01:37,320
Speaker 3: Safe driver, so some anxiety.

1356
01:01:37,280 --> 01:01:38,640
Speaker 12: Yeah.

1357
01:01:38,760 --> 01:01:39,760
Speaker 5: Yeah.

1358
01:01:40,240 --> 01:01:42,560
Speaker 12: To tell you what though, the reversing camera, I reckon that' alone.

1359
01:01:42,720 --> 01:01:44,280
Speaker 12: It's just been the biggest game changer.

1360
01:01:44,560 --> 01:01:46,520
Speaker 3: Well, yeah, because the other day what I did was

1361
01:01:46,600 --> 01:01:49,520
Speaker 3: I've got an old Jealopy at the beach, which hasn't

1362
01:01:49,520 --> 01:01:52,280
Speaker 3: got anything on it, like anything, any fancy things. And

1363
01:01:52,360 --> 01:01:54,480
Speaker 3: so what I found is an old jeep wrangler, and

1364
01:01:54,520 --> 01:01:57,479
Speaker 3: I found myself. I just backed down. I backed out

1365
01:01:57,800 --> 01:02:00,360
Speaker 3: without looking over my shoulder because I forgot I had to.

1366
01:02:01,120 --> 01:02:03,560
Speaker 3: So there is a Yeah, there is a downside to

1367
01:02:03,600 --> 01:02:05,200
Speaker 3: having all the cameras is that when you get one

1368
01:02:05,200 --> 01:02:08,000
Speaker 3: that doesn't have cameras, people need to beware anyway. Don't

1369
01:02:08,000 --> 01:02:10,160
Speaker 3: tell anyone about that, or I'm not going to get insurance. Guys,

1370
01:02:10,200 --> 01:02:12,680
Speaker 3: thank you, I really appreciated look after yourself. That's Jack Tame,

1371
01:02:13,080 --> 01:02:15,120
Speaker 3: host of Q and A Saturday mornings on News, talking

1372
01:02:15,200 --> 01:02:18,880
Speaker 3: David Farrer. She here, Jack was just like, oh oh,

1373
01:02:19,040 --> 01:02:22,040
Speaker 3: because yeah. I also when I did it, I was like,

1374
01:02:22,080 --> 01:02:26,720
Speaker 3: what are you doing, Heather. I covered one of the

1375
01:02:26,720 --> 01:02:30,000
Speaker 3: front cameras to effectively disable the automatic braking and laner

1376
01:02:30,040 --> 01:02:32,200
Speaker 3: system my car. It was way too dangerous. I've gone

1377
01:02:32,200 --> 01:02:34,280
Speaker 3: around cyclists on the road only to have the system

1378
01:02:34,280 --> 01:02:36,240
Speaker 3: try to push me back into them, and following a

1379
01:02:36,240 --> 01:02:38,960
Speaker 3: car that turns into a side street often traggers triggers

1380
01:02:38,960 --> 01:02:41,640
Speaker 3: panic breaking, which is totally uncalled for. I'm a lot

1381
01:02:41,680 --> 01:02:44,200
Speaker 3: safer without these features. So there you go. Ight away

1382
01:02:44,200 --> 01:02:44,600
Speaker 3: from six.

1383
01:02:45,640 --> 01:02:49,160
Speaker 2: It's the Heather Duplas Allen Drive Full Show podcast on

1384
01:02:49,360 --> 01:02:51,800
Speaker 2: my Art Radio powered by News Talk ZB.

1385
01:02:53,240 --> 01:02:55,200
Speaker 3: Hither we are a nation of nose? Look at Anna

1386
01:02:55,240 --> 01:02:57,360
Speaker 3: Moobray and her husband Ali trying to get a permit

1387
01:02:57,400 --> 01:02:59,920
Speaker 3: for their helicopter. The post court decision is still not

1388
01:03:00,040 --> 01:03:03,600
Speaker 3: being accepted by a load of small minded and churlish neighbors. Ross. Hey,

1389
01:03:03,960 --> 01:03:05,520
Speaker 3: I don't know if you saw this, but Anna and

1390
01:03:05,960 --> 01:03:08,160
Speaker 3: Ali have stuck a couple of I think it's a

1391
01:03:08,160 --> 01:03:13,960
Speaker 3: couple of like mirror reflecting reindeer on the rocks outside

1392
01:03:14,000 --> 01:03:16,240
Speaker 3: their house. This is, you know, because they live, you know,

1393
01:03:16,280 --> 01:03:19,040
Speaker 3: around Point chev Bombay wherever they live on at West Mayana,

1394
01:03:19,120 --> 01:03:20,880
Speaker 3: really know, and it's out there on the waterfront in

1395
01:03:20,960 --> 01:03:23,200
Speaker 3: Auckland anyway, So they're stuck a couple of these reindeers

1396
01:03:23,200 --> 01:03:29,000
Speaker 3: out there for it's like statues, right, the like ornament things, sculptures. Anyway,

1397
01:03:29,760 --> 01:03:31,920
Speaker 3: do you at the first I looked at it and

1398
01:03:31,960 --> 01:03:35,080
Speaker 3: I thought, well that's cool, and I was like, ah, yeah,

1399
01:03:35,440 --> 01:03:38,439
Speaker 3: what do mirrors? Do mirrors reflect this? Do you think

1400
01:03:38,480 --> 01:03:41,000
Speaker 3: that this is a really clever way of just absolutely

1401
01:03:41,040 --> 01:03:44,080
Speaker 3: harassing their neighbors who've been such dicks to them and

1402
01:03:44,080 --> 01:03:46,600
Speaker 3: that just those reindeers just can reflect the sun right

1403
01:03:46,600 --> 01:03:49,439
Speaker 3: in their windows. And if that's what they're doing, good

1404
01:03:49,480 --> 01:03:53,000
Speaker 3: from them. Five away from six. Now it looks like

1405
01:03:53,040 --> 01:03:55,200
Speaker 3: there is going to be like heads up for this,

1406
01:03:55,440 --> 01:03:57,720
Speaker 3: a really ugly fight about who gets the money that

1407
01:03:57,800 --> 01:04:00,520
Speaker 3: Andrew paid Virginia dou Freid to shut her up because

1408
01:04:00,520 --> 01:04:02,320
Speaker 3: she's of course passed away. And it looks like there's

1409
01:04:02,320 --> 01:04:04,480
Speaker 3: a court case on now. There's a court hearing that

1410
01:04:04,560 --> 01:04:06,880
Speaker 3: scheduled at the Supreme Court of Western Australia and Perth,

1411
01:04:06,880 --> 01:04:08,120
Speaker 3: which is going to take place in a couple of

1412
01:04:08,160 --> 01:04:11,400
Speaker 3: days time. Her husband is entitled to a third of

1413
01:04:11,400 --> 01:04:14,120
Speaker 3: her estate. Remember we're talking about twelve million pounds I

1414
01:04:14,120 --> 01:04:16,440
Speaker 3: think it was. It's a huge amount of money. The

1415
01:04:16,560 --> 01:04:19,520
Speaker 3: husband is entitled to a third, but they filed for

1416
01:04:19,600 --> 01:04:23,760
Speaker 3: divorce two months before she died, so she's apparently so,

1417
01:04:24,040 --> 01:04:25,920
Speaker 3: I mean, this complicates it. And she's apparently sent an

1418
01:04:25,920 --> 01:04:27,800
Speaker 3: email to her lawyer saying that she doesn't want him

1419
01:04:27,800 --> 01:04:30,080
Speaker 3: to have any of the money. So there's a fight.

1420
01:04:30,400 --> 01:04:32,760
Speaker 3: Then her two brothers have hired a lawyer to challenge

1421
01:04:32,800 --> 01:04:34,920
Speaker 3: the right to the funds, so there's a fight. But

1422
01:04:34,960 --> 01:04:37,600
Speaker 3: then of course she's got children, and surely all the

1423
01:04:37,640 --> 01:04:39,520
Speaker 3: money should go to the children. So keep an eye

1424
01:04:39,560 --> 01:04:40,840
Speaker 3: out for that, because that doesn't look like it's going

1425
01:04:40,880 --> 01:04:44,840
Speaker 3: to get fun at all. Do you remember just an

1426
01:04:44,920 --> 01:04:47,320
Speaker 3: update on that journal that Whitkell's band because it had

1427
01:04:47,320 --> 01:04:49,640
Speaker 3: too many F and C words, the one called folly.

1428
01:04:50,200 --> 01:04:52,400
Speaker 3: They've just emailed me today to tell me that this

1429
01:04:52,440 --> 01:04:55,920
Speaker 3: has just hit the best seller list this week at Unity,

1430
01:04:56,160 --> 01:04:58,440
Speaker 3: which is a rival bookstore in Wellington, I think is

1431
01:04:58,560 --> 01:05:00,760
Speaker 3: Unity in Auckland as well as it is. It's around

1432
01:05:00,800 --> 01:05:02,520
Speaker 3: the country, so it's like the Flash, it's like a

1433
01:05:02,600 --> 01:05:04,680
Speaker 3: nice set. It's like a more boutique bookstore. Right, so

1434
01:05:04,720 --> 01:05:07,520
Speaker 3: it's gone up against Witkeles. They have obviously continued to

1435
01:05:07,520 --> 01:05:09,560
Speaker 3: sock it. People have gone into Unity bought the thing.

1436
01:05:09,560 --> 01:05:12,080
Speaker 3: It's on the best seller list. They asked. Now apparently

1437
01:05:12,120 --> 01:05:14,160
Speaker 3: down to their last box of stock, which means they've

1438
01:05:14,160 --> 01:05:18,040
Speaker 3: sold around eight hundred copies in two weeks. They're diverting

1439
01:05:18,120 --> 01:05:20,920
Speaker 3: all of the Whitkele stock to Unity and Auckland urgently,

1440
01:05:21,240 --> 01:05:24,040
Speaker 3: maybe even some paper plus stores down south, and they

1441
01:05:24,080 --> 01:05:28,360
Speaker 3: say thank you for supporting our locally produced smut. Do

1442
01:05:28,440 --> 01:05:31,080
Speaker 3: you know what that is that is never wasting a

1443
01:05:31,160 --> 01:05:33,720
Speaker 3: crisis and I like that good from them. So if

1444
01:05:33,720 --> 01:05:35,240
Speaker 3: you want to go read some F words and some

1445
01:05:35,320 --> 01:05:38,080
Speaker 3: SA words and also an interview with the Reserve Bank

1446
01:05:38,120 --> 01:05:42,280
Speaker 3: economist Or Conway, who's pretty controversial. He's in the book

1447
01:05:42,320 --> 01:05:44,640
Speaker 3: in the journal as well. Help yourself. There you go, Folly.

1448
01:05:45,480 --> 01:05:48,440
Speaker 3: Simon Watts is in with us next. I'm told Simon

1449
01:05:48,480 --> 01:05:51,000
Speaker 3: didn't know that I was crossed with him, and somebody

1450
01:05:51,000 --> 01:05:53,600
Speaker 3: told him that I was cross with them, so he's

1451
01:05:54,120 --> 01:05:56,560
Speaker 3: made an effort. It's coming on the show. So that's next.

1452
01:06:03,680 --> 01:06:05,880
Speaker 1: Keeping track of where the money is flowing.

1453
01:06:06,360 --> 01:06:10,000
Speaker 2: The Business hour with head the duplic and Mass Motor

1454
01:06:10,080 --> 01:06:11,000
Speaker 2: Vehicle Insurance.

1455
01:06:11,240 --> 01:06:14,120
Speaker 1: Your futures in good hands new storg.

1456
01:06:13,920 --> 01:06:18,000
Speaker 3: ZB even in coming up in the next hour, Samsrathui's

1457
01:06:18,040 --> 01:06:20,040
Speaker 3: going to talk us through Fisher and Health Fisher and

1458
01:06:20,040 --> 01:06:23,520
Speaker 3: Pikel health Care's latest financial result, g Native Trainee with

1459
01:06:23,520 --> 01:06:25,960
Speaker 3: a few concerns about the building warranty idea from the

1460
01:06:26,000 --> 01:06:27,800
Speaker 3: government this week, and then Gavin Gray is out of

1461
01:06:27,840 --> 01:06:31,400
Speaker 3: the UK ahead of their burg budget overnight seven past six,

1462
01:06:32,040 --> 01:06:34,480
Speaker 3: so there's some confusion over whether the New Zealand will

1463
01:06:34,600 --> 01:06:36,840
Speaker 3: or will not be sending twenty four billion dollars or

1464
01:06:36,840 --> 01:06:39,680
Speaker 3: thereabouts to another country to plant trees in order for

1465
01:06:39,760 --> 01:06:42,080
Speaker 3: us to be able to meet our climate targets. Nikola

1466
01:06:42,120 --> 01:06:43,960
Speaker 3: will have set on Monday night. We're not doing it,

1467
01:06:44,400 --> 01:06:46,760
Speaker 3: but the Climate Minister Simon Watts has said he's getting

1468
01:06:46,760 --> 01:06:48,400
Speaker 3: the deals ready for us to be able to do it.

1469
01:06:48,440 --> 01:06:50,320
Speaker 3: So to clear up that confusion, Simon Watts has to

1470
01:06:50,520 --> 01:06:53,720
Speaker 3: agree to come in and talk to us about it. Hi, Simon, Hey, Heather,

1471
01:06:53,800 --> 01:06:56,080
Speaker 3: great to be here. So, yeah, thank you for coming in.

1472
01:06:56,400 --> 01:07:00,080
Speaker 3: So are you going to buy overseas carbon credits or not?

1473
01:07:00,400 --> 01:07:02,360
Speaker 23: We're not going to be doing that this term heither.

1474
01:07:02,480 --> 01:07:04,720
Speaker 23: I want to be really clear about that. As a government,

1475
01:07:05,280 --> 01:07:08,760
Speaker 23: we have not made any decisions in regards to doing that,

1476
01:07:09,360 --> 01:07:12,480
Speaker 23: and the reality is it's not something that's on policy

1477
01:07:12,520 --> 01:07:14,160
Speaker 23: agenda this term of government.

1478
01:07:14,160 --> 01:07:16,400
Speaker 3: Of course, it's not on your policy agenda this term

1479
01:07:16,400 --> 01:07:18,880
Speaker 3: of government because you don't twenty thirty doesn't happen this

1480
01:07:18,960 --> 01:07:21,040
Speaker 3: term of government. Is it potentially next term.

1481
01:07:21,640 --> 01:07:23,440
Speaker 23: The reality of what we've done is we've set up

1482
01:07:23,480 --> 01:07:27,080
Speaker 23: options in regards to that, but we're focused on domestic options.

1483
01:07:27,240 --> 01:07:29,080
Speaker 23: We have to do and as minister, I have to put

1484
01:07:29,080 --> 01:07:30,960
Speaker 23: in place all of the options that are going to

1485
01:07:31,480 --> 01:07:34,320
Speaker 23: give us options in the future, but we don't necessarily

1486
01:07:34,720 --> 01:07:36,640
Speaker 23: need to be able to deploy those options.

1487
01:07:36,720 --> 01:07:38,919
Speaker 3: Okay, So if you are in government, when we fall

1488
01:07:38,960 --> 01:07:41,480
Speaker 3: short of our target, which we will, will you buy

1489
01:07:41,520 --> 01:07:42,240
Speaker 3: overseas country?

1490
01:07:42,760 --> 01:07:45,280
Speaker 23: I can't commit to that because I can't commit to

1491
01:07:45,320 --> 01:07:47,040
Speaker 23: where we're going to be in the Well, let's.

1492
01:07:46,840 --> 01:07:49,120
Speaker 3: Just said to us on Monday. No, we're not sending

1493
01:07:49,160 --> 01:07:50,080
Speaker 3: any money overseas.

1494
01:07:50,120 --> 01:07:51,960
Speaker 10: So why you're talking of what are we going to

1495
01:07:52,000 --> 01:07:53,160
Speaker 10: do in twenty thirty two?

1496
01:07:53,480 --> 01:07:53,680
Speaker 12: Right?

1497
01:07:53,720 --> 01:07:54,920
Speaker 10: And I don't think it's reasonable.

1498
01:07:54,960 --> 01:07:56,920
Speaker 3: Thirty isn't it twenty thirty.

1499
01:07:56,640 --> 01:07:58,760
Speaker 23: But you don't actually know until where you are at

1500
01:07:58,840 --> 01:08:01,200
Speaker 23: until twenty thirty two, So that's the timeline. I'm not

1501
01:08:01,200 --> 01:08:02,760
Speaker 23: making commitments around what any government.

1502
01:08:04,160 --> 01:08:05,760
Speaker 3: The reason I want to know is because this is

1503
01:08:05,760 --> 01:08:08,360
Speaker 3: one of the daftest ideas I've ever heard in my life,

1504
01:08:08,680 --> 01:08:10,600
Speaker 3: where we have a country where we cannot afford to

1505
01:08:10,640 --> 01:08:12,720
Speaker 3: properly build the need in a hospital. But you're telling

1506
01:08:12,760 --> 01:08:15,280
Speaker 3: me that it is a potential possibility that we're going

1507
01:08:15,320 --> 01:08:17,799
Speaker 3: to send maybe as much as twenty four billion dollars

1508
01:08:18,120 --> 01:08:21,160
Speaker 3: to some Southeast Asian country to plant US trees. That's nutty.

1509
01:08:21,400 --> 01:08:25,400
Speaker 23: We absolutely think that that is not a realistic policy

1510
01:08:25,439 --> 01:08:26,920
Speaker 23: position for us as a government.

1511
01:08:27,000 --> 01:08:28,360
Speaker 3: So tell me to do it.

1512
01:08:28,400 --> 01:08:30,400
Speaker 23: If you're the guy I might not be the minister

1513
01:08:30,479 --> 01:08:31,479
Speaker 23: in twenty thirty two.

1514
01:08:31,640 --> 01:08:33,760
Speaker 3: Minister in twenty thirty two, would you do it?

1515
01:08:34,000 --> 01:08:35,559
Speaker 23: I don't know where we're going to be at that

1516
01:08:35,600 --> 01:08:36,120
Speaker 23: point in.

1517
01:08:36,040 --> 01:08:37,479
Speaker 3: Time, Simon, you're blowing my mind.

1518
01:08:37,640 --> 01:08:39,960
Speaker 23: I'm not we afford this well, we don't know where

1519
01:08:39,960 --> 01:08:41,960
Speaker 23: we will be at that point. And the reality is

1520
01:08:42,000 --> 01:08:44,680
Speaker 23: is I actually think and I'm pretty optimistic, we're doing

1521
01:08:44,760 --> 01:08:46,920
Speaker 23: and looking pretty good in terms of our missions reduction.

1522
01:08:47,080 --> 01:08:49,760
Speaker 10: So the thing is, this is a hypothetical conversation.

1523
01:08:50,160 --> 01:08:52,280
Speaker 3: You're going to fall short. It's just not going to

1524
01:08:52,360 --> 01:08:54,360
Speaker 3: happen that we're going to meet our target. And here's

1525
01:08:54,400 --> 01:08:56,559
Speaker 3: why it's important to you is because you have to

1526
01:08:56,560 --> 01:08:59,360
Speaker 3: start setting the money aside four years in advance, don't you.

1527
01:08:59,360 --> 01:08:59,840
Speaker 10: No, we don't.

1528
01:09:00,000 --> 01:09:03,840
Speaker 23: It's not like that's recycle not a liability, and you don't.

1529
01:09:04,320 --> 01:09:07,160
Speaker 23: You're not signing up to sending money to some specific

1530
01:09:07,280 --> 01:09:08,400
Speaker 23: entity or environment.

1531
01:09:09,120 --> 01:09:10,880
Speaker 3: It is a liability, does it not?

1532
01:09:11,000 --> 01:09:13,400
Speaker 23: No, it's not a liability. And that's why Treasury don't

1533
01:09:13,400 --> 01:09:14,200
Speaker 23: have it on our books.

1534
01:09:14,240 --> 01:09:15,640
Speaker 10: It's not a liability.

1535
01:09:15,320 --> 01:09:17,679
Speaker 3: Beyond our books until twenty thirty. If we choose to speak.

1536
01:09:17,439 --> 01:09:18,280
Speaker 10: That's correct either.

1537
01:09:18,360 --> 01:09:20,240
Speaker 23: And that's why you know, as a government, we've been

1538
01:09:20,320 --> 01:09:22,559
Speaker 23: clear we're not going to be looking at doing anything

1539
01:09:22,640 --> 01:09:26,000
Speaker 23: like that. We don't think that that is sensible policy,

1540
01:09:26,400 --> 01:09:28,479
Speaker 23: nor does it make any fiscal sense in the connect

1541
01:09:28,520 --> 01:09:29,160
Speaker 23: that we were at.

1542
01:09:29,439 --> 01:09:31,439
Speaker 3: And that's why why are you setting up the deals

1543
01:09:31,439 --> 01:09:32,320
Speaker 3: and the mechanism.

1544
01:09:32,040 --> 01:09:34,439
Speaker 23: Because we have to do as a mechanism, make sure

1545
01:09:34,439 --> 01:09:36,960
Speaker 23: and be clear that we have and are committed to

1546
01:09:37,000 --> 01:09:38,000
Speaker 23: our targets.

1547
01:09:37,640 --> 01:09:38,880
Speaker 10: So we have to be able to receive.

1548
01:09:39,640 --> 01:09:42,719
Speaker 23: No, we're setting up optionality, but there is a difference

1549
01:09:42,720 --> 01:09:46,240
Speaker 23: between putting in place options and using those options. And

1550
01:09:46,400 --> 01:09:48,200
Speaker 23: you know, from a government, we're saying that's not a

1551
01:09:48,200 --> 01:09:51,040
Speaker 23: policy position that we are going to be exploring this term,

1552
01:09:51,120 --> 01:09:52,200
Speaker 23: and that means that that's.

1553
01:09:52,000 --> 01:09:52,639
Speaker 10: Not on the table.

1554
01:09:52,720 --> 01:09:55,120
Speaker 3: Then what you're doing is you're wasting your time because

1555
01:09:55,240 --> 01:09:58,280
Speaker 3: this is not something using you can ever plausibly afford.

1556
01:09:58,800 --> 01:10:01,200
Speaker 3: So setting up the deals in the mechanisms is plane

1557
01:10:01,280 --> 01:10:02,840
Speaker 3: pretend to fool the rest of the world.

1558
01:10:02,960 --> 01:10:03,439
Speaker 10: No, it's not.

1559
01:10:03,600 --> 01:10:07,280
Speaker 23: These climate agreements and cooperation agreements include a wide range

1560
01:10:07,280 --> 01:10:09,719
Speaker 23: of initiatives. You know, we've just done one with Iceland

1561
01:10:09,760 --> 01:10:13,479
Speaker 23: in regards to geo thermalor. These are comprehensive agreements. They

1562
01:10:13,880 --> 01:10:18,760
Speaker 23: contain mechanisms and options around facilitating something like this.

1563
01:10:18,800 --> 01:10:20,400
Speaker 10: But there's a whole lot of other aspects that are

1564
01:10:20,400 --> 01:10:20,920
Speaker 10: part of those deal.

1565
01:10:21,120 --> 01:10:23,000
Speaker 3: You know what the other problem is is that should

1566
01:10:23,000 --> 01:10:25,759
Speaker 3: you lose at some stage to Chippy and some stage

1567
01:10:25,800 --> 01:10:27,680
Speaker 3: in the future, labor will be in, and labor may

1568
01:10:27,720 --> 01:10:29,720
Speaker 3: have some nutty hangers on like the Greens and the

1569
01:10:29,720 --> 01:10:32,400
Speaker 3: Maldi Party. You are setting up the means for them

1570
01:10:32,439 --> 01:10:34,240
Speaker 3: to be able to send tens of billions of New

1571
01:10:34,320 --> 01:10:36,000
Speaker 3: Zealand dollars off to Thailand.

1572
01:10:36,400 --> 01:10:39,880
Speaker 23: Look, I trust the New Zealand public to be you know,

1573
01:10:39,920 --> 01:10:42,639
Speaker 23: seend a clear signal round expectations of what they think

1574
01:10:42,680 --> 01:10:45,000
Speaker 23: around future government. You know, from what we're doing, we

1575
01:10:45,040 --> 01:10:48,840
Speaker 23: have no plans, nor policy decisions, nor cabinet decisions in

1576
01:10:48,840 --> 01:10:49,760
Speaker 23: regards to progress on this.

1577
01:10:49,920 --> 01:10:54,120
Speaker 3: Is there no alternative version of what's happening right now

1578
01:10:54,160 --> 01:10:57,240
Speaker 3: where you simply say, I, Simon Watts think this is

1579
01:10:57,240 --> 01:10:58,960
Speaker 3: such a nutty idea. I'm not going to set up

1580
01:10:58,960 --> 01:10:59,360
Speaker 3: the deals.

1581
01:11:00,600 --> 01:11:03,520
Speaker 23: There isn't a mechanism in order to do that. Countries

1582
01:11:03,600 --> 01:11:07,240
Speaker 23: in regards to their commitments around NDC are unanimous in

1583
01:11:07,520 --> 01:11:10,479
Speaker 23: their way in which they commit to meeting those targets,

1584
01:11:10,520 --> 01:11:13,519
Speaker 23: and they say and they commit that they intend to

1585
01:11:13,560 --> 01:11:15,560
Speaker 23: meet them. And the reality is is we've got a

1586
01:11:15,600 --> 01:11:17,240
Speaker 23: period of time between now and then and we just

1587
01:11:17,280 --> 01:11:19,520
Speaker 23: have to do our best efforts and regards to achieving.

1588
01:11:19,200 --> 01:11:20,880
Speaker 3: It, Lord Above, I'm going to blame you, Simon in

1589
01:11:20,880 --> 01:11:24,839
Speaker 3: twenty thirty. Please don't I remember Simon Watts? I remember

1590
01:11:24,880 --> 01:11:25,320
Speaker 3: that guy?

1591
01:11:25,600 --> 01:11:27,799
Speaker 10: No, well, I hope you remember me for better reasons

1592
01:11:27,800 --> 01:11:28,080
Speaker 10: than that.

1593
01:11:28,840 --> 01:11:31,880
Speaker 3: Go to your credit. How good was that RMA reform yesterday?

1594
01:11:31,960 --> 01:11:32,880
Speaker 10: It was really really good?

1595
01:11:32,920 --> 01:11:34,360
Speaker 23: And I tell you what, Heather, if you think about

1596
01:11:34,360 --> 01:11:36,519
Speaker 23: where we can be in five years from now, if

1597
01:11:36,520 --> 01:11:38,600
Speaker 23: you think about the RMA reform, it's game changer. You

1598
01:11:38,640 --> 01:11:41,519
Speaker 23: think about getting rid of regional councils, it's game change.

1599
01:11:41,640 --> 01:11:44,120
Speaker 10: And by the way, rates capping is coming.

1600
01:11:44,160 --> 01:11:45,360
Speaker 23: And I'll give you a bit more of an update

1601
01:11:45,640 --> 01:11:46,040
Speaker 23: very soon.

1602
01:11:46,120 --> 01:11:48,519
Speaker 3: Is that in the next week or the next it's

1603
01:11:48,560 --> 01:11:49,679
Speaker 3: going to be before Christmas?

1604
01:11:49,720 --> 01:11:51,080
Speaker 10: So well, too long to work.

1605
01:11:51,160 --> 01:11:54,720
Speaker 3: That's four weeks, isn't it? Okay? Now, Simon, so you

1606
01:11:54,800 --> 01:11:56,760
Speaker 3: kind of called my bluff because I didn't think that

1607
01:11:56,800 --> 01:11:58,600
Speaker 3: you would be in today. I was kind of like

1608
01:11:58,720 --> 01:12:00,680
Speaker 3: I was psyching myself up for next week. But then

1609
01:12:00,680 --> 01:12:02,280
Speaker 3: you got into your car and what happened?

1610
01:12:02,320 --> 01:12:05,920
Speaker 23: Well, I got into my car and the driver who

1611
01:12:06,120 --> 01:12:09,720
Speaker 23: will remain nameless, said she was listening to you last

1612
01:12:09,840 --> 01:12:13,360
Speaker 23: night and said you were not happy. And I thought, well,

1613
01:12:13,680 --> 01:12:16,439
Speaker 23: I'm driving past your studio. What the hell I'm going

1614
01:12:16,520 --> 01:12:16,920
Speaker 23: to come in?

1615
01:12:17,240 --> 01:12:17,600
Speaker 10: Knock on?

1616
01:12:17,680 --> 01:12:20,280
Speaker 23: I went to reception. I said this, Heather here and

1617
01:12:20,880 --> 01:12:22,639
Speaker 23: here you are. Here, we are, we're on the mic.

1618
01:12:23,120 --> 01:12:26,439
Speaker 23: I'll tell you what that is a dedicated minister and

1619
01:12:26,960 --> 01:12:28,519
Speaker 23: you know it's good to be here to clear this

1620
01:12:28,560 --> 01:12:29,040
Speaker 23: issue up.

1621
01:12:29,680 --> 01:12:32,839
Speaker 3: Simon. You are a dedicated minist and I really appreciate

1622
01:12:32,880 --> 01:12:33,760
Speaker 3: you coming in to talk to me.

1623
01:12:33,800 --> 01:12:33,960
Speaker 18: Mate.

1624
01:12:34,000 --> 01:12:35,960
Speaker 3: Thank you very much. Look after yourself, Simon. What's the

1625
01:12:35,960 --> 01:12:39,479
Speaker 3: climate change minister? Hopefully clearing up the confusion? Thirteen past six.

1626
01:12:40,760 --> 01:12:44,040
Speaker 2: It's the Head Duper c Allen Drive Full Show podcast

1627
01:12:44,120 --> 01:12:46,639
Speaker 2: on my Heart Radio powered by news dog.

1628
01:12:46,600 --> 01:12:50,880
Speaker 3: ZEPPI have you heard about Paddock to Pantry. If you haven't,

1629
01:12:50,880 --> 01:12:52,400
Speaker 3: you need to get across these guys. They are a

1630
01:12:52,439 --> 01:12:55,040
Speaker 3: new online supermarket which gives you another choice for where

1631
01:12:55,040 --> 01:12:57,160
Speaker 3: you buy your groceries. This is key we owned. It's

1632
01:12:57,200 --> 01:12:59,360
Speaker 3: a business that's taking on the big supermarket. It's got

1633
01:12:59,360 --> 01:13:01,799
Speaker 3: a full range of meat, fruit, vegetables, all the grocery

1634
01:13:01,800 --> 01:13:04,720
Speaker 3: brands you love, but at great prices. Now of course

1635
01:13:04,720 --> 01:13:05,960
Speaker 3: you're going to wonder what how are they doing it

1636
01:13:06,000 --> 01:13:08,400
Speaker 3: will let me tell you. Paddock to Pantry buys direct

1637
01:13:08,400 --> 01:13:10,640
Speaker 3: from the growers and the food manufacturers in bulk and

1638
01:13:10,680 --> 01:13:13,479
Speaker 3: then delivers directly to your door. There's no massive overhead

1639
01:13:13,520 --> 01:13:16,719
Speaker 3: from running stores across the country, just incredible value passed

1640
01:13:16,720 --> 01:13:18,320
Speaker 3: on to you. And it doesn't matter where you live

1641
01:13:18,360 --> 01:13:21,439
Speaker 3: in New Zealand either, they will deliver. Paddic to Pantry

1642
01:13:21,479 --> 01:13:23,439
Speaker 3: is already famous for their hot weekly special and you

1643
01:13:23,520 --> 01:13:24,840
Speaker 3: know what it is this week. I know you love

1644
01:13:24,880 --> 01:13:27,799
Speaker 3: the butter, so listen to this five hundred grand block

1645
01:13:27,920 --> 01:13:32,160
Speaker 3: of anchor butter. Five dollars, just five dollars for your butter?

1646
01:13:32,280 --> 01:13:33,800
Speaker 3: What are you doing with your life? Go get it.

1647
01:13:34,000 --> 01:13:36,280
Speaker 3: And they've got heaps more top grocery brands at every

1648
01:13:36,320 --> 01:13:39,480
Speaker 3: day low prices, making Paddic to Pantry a great supermarket

1649
01:13:39,520 --> 01:13:41,879
Speaker 3: option for you. So go on check them out. Website

1650
01:13:41,920 --> 01:13:44,759
Speaker 3: is Paddock two Pantry dot Co dot nz.

1651
01:13:45,960 --> 01:13:48,360
Speaker 1: Aproaching the numbers and getting the results.

1652
01:13:48,560 --> 01:13:52,040
Speaker 2: That's Heather Dupless Allen on the Business Hour with MAS

1653
01:13:52,160 --> 01:13:53,320
Speaker 2: Motor Vehicle Insurance.

1654
01:13:53,520 --> 01:13:56,559
Speaker 1: Your futures in good hands us talks'd be.

1655
01:13:56,880 --> 01:13:59,800
Speaker 3: Hither the issue with Simon Watts is not at all clear? Wow.

1656
01:14:00,040 --> 01:14:02,000
Speaker 3: Well actually I'm going to explain it to this very

1657
01:14:02,000 --> 01:14:03,559
Speaker 3: clear to me. Now I'll explain it to you in

1658
01:14:03,600 --> 01:14:06,920
Speaker 3: just a minute. Seventeen Passik, Samtratha we Milford Acid Management.

1659
01:14:06,960 --> 01:14:09,040
Speaker 9: Hi Sam, good evening.

1660
01:14:09,080 --> 01:14:10,760
Speaker 3: He So what did you make of that for sher

1661
01:14:10,760 --> 01:14:11,599
Speaker 3: and PIKEL result?

1662
01:14:12,760 --> 01:14:14,599
Speaker 9: Well, look, it was a big day for the market

1663
01:14:14,640 --> 01:14:17,439
Speaker 9: because Frishian BIKEL is the largest listed company and naturally

1664
01:14:17,479 --> 01:14:20,240
Speaker 9: has a big overall influence on performance of the inxidecs.

1665
01:14:20,320 --> 01:14:23,160
Speaker 9: So the result the company delivered was what the market

1666
01:14:23,160 --> 01:14:27,439
Speaker 9: calls a beaten rays. So profit growth for the period

1667
01:14:27,479 --> 01:14:30,200
Speaker 9: came and ahead of guidance provided in August, and they

1668
01:14:30,280 --> 01:14:33,080
Speaker 9: also upgraded or raised guidance for the year ahead. So

1669
01:14:33,600 --> 01:14:36,640
Speaker 9: the company's core product, which is respiratory masks that are

1670
01:14:36,680 --> 01:14:39,599
Speaker 9: used in intensive care units and elsewhere in hospitals across

1671
01:14:39,640 --> 01:14:42,360
Speaker 9: the globe, grew at seventeen percent a year on year,

1672
01:14:42,439 --> 01:14:44,720
Speaker 9: so that's a continuation of pre strong growth that they

1673
01:14:44,720 --> 01:14:47,519
Speaker 9: have been seeing there for every long time. And the

1674
01:14:47,600 --> 01:14:51,120
Speaker 9: company also demonstrated some good cost control, benefiting a bit

1675
01:14:51,160 --> 01:14:54,080
Speaker 9: from the weakening New Zealand dollar to deliver overall profit

1676
01:14:54,120 --> 01:14:57,719
Speaker 9: growth of and pretty impressive thirty nine percent. So despite

1677
01:14:57,800 --> 01:15:00,200
Speaker 9: the headwinds from Trump's tariffs, they managed to put off

1678
01:15:00,240 --> 01:15:03,000
Speaker 9: a big number there. So it's impressive company, world class

1679
01:15:03,320 --> 01:15:06,000
Speaker 9: technology and stands out when we look across the globe.

1680
01:15:06,120 --> 01:15:08,200
Speaker 3: Yeah, well, what impact does the tariffs having on them?

1681
01:15:08,200 --> 01:15:09,040
Speaker 3: How are they managing that?

1682
01:15:10,560 --> 01:15:12,719
Speaker 9: Yes, that's certainly been I guess an area of concern

1683
01:15:12,800 --> 01:15:16,040
Speaker 9: for investors over this year, with the US essentially being

1684
01:15:16,120 --> 01:15:19,600
Speaker 9: Fresh and Pipers the largest customer, and the company is

1685
01:15:19,600 --> 01:15:22,120
Speaker 9: getting hit on tariffs from product source to here on

1686
01:15:22,160 --> 01:15:23,880
Speaker 9: New zeal And sold them to the US and about

1687
01:15:23,880 --> 01:15:26,680
Speaker 9: a third of their production as based here locally. So

1688
01:15:27,240 --> 01:15:29,240
Speaker 9: over the past couple of months, the team at Fresh

1689
01:15:29,240 --> 01:15:34,440
Speaker 9: and bikel have found a range of essentially manufacturing efficiency

1690
01:15:34,479 --> 01:15:38,439
Speaker 9: improvements to offset the cost of the tariffs. That's literally and

1691
01:15:38,479 --> 01:15:41,439
Speaker 9: the words and the CEO thousands of small changes across what

1692
01:15:41,600 --> 01:15:45,280
Speaker 9: is a very large production line to offset that impact

1693
01:15:45,280 --> 01:15:47,519
Speaker 9: on their cost base. And that's a positive compared to

1694
01:15:47,560 --> 01:15:50,479
Speaker 9: the alternative, say simply putting up prices and pushing it

1695
01:15:50,479 --> 01:15:54,080
Speaker 9: through to hospital. So there's more impact to come from taffs,

1696
01:15:54,080 --> 01:15:56,360
Speaker 9: but they backed themselves to continue to do that to

1697
01:15:56,400 --> 01:15:58,320
Speaker 9: offset the cost add the headline.

1698
01:15:58,560 --> 01:16:00,760
Speaker 3: Hey, what was the impact that you see on the

1699
01:16:00,800 --> 01:16:02,320
Speaker 3: market today from the ocr cup.

1700
01:16:03,200 --> 01:16:05,360
Speaker 9: Yeah, that was the other big event. So I think

1701
01:16:05,800 --> 01:16:09,120
Speaker 9: the surprise across the market was clearly the optimism that

1702
01:16:09,320 --> 01:16:11,200
Speaker 9: it was expressed by the RB and Z that the

1703
01:16:11,240 --> 01:16:15,920
Speaker 9: easing cycle is now largely done and the economic recovery

1704
01:16:16,640 --> 01:16:19,120
Speaker 9: is underway, so reflected in what they provided in their

1705
01:16:19,120 --> 01:16:21,920
Speaker 9: forward track of where and straits are heading. That was

1706
01:16:21,960 --> 01:16:24,679
Speaker 9: above market expectations. So we did see the KI dollar

1707
01:16:24,720 --> 01:16:28,120
Speaker 9: jump higher. I got across against key crosses on the

1708
01:16:28,120 --> 01:16:30,320
Speaker 9: back of that. But look going forward, I think there's

1709
01:16:30,320 --> 01:16:33,679
Speaker 9: two clear areas that will be interesting. So firstly, mortgage

1710
01:16:33,720 --> 01:16:37,040
Speaker 9: activity given the message today as a catalyst for those

1711
01:16:37,040 --> 01:16:39,960
Speaker 9: with mortgages to rethink how far out they are fixed,

1712
01:16:40,000 --> 01:16:42,360
Speaker 9: and it was pretty hot topic of conversation in the

1713
01:16:42,400 --> 01:16:45,760
Speaker 9: press conference this afternoon. You could argue as well that

1714
01:16:45,840 --> 01:16:48,719
Speaker 9: the lack of refixing by mortgage holders onto those lower

1715
01:16:48,760 --> 01:16:51,200
Speaker 9: fixed term rates rather than floating has been a key

1716
01:16:51,280 --> 01:16:55,799
Speaker 9: reason that we haven't seen the economic activity of economic

1717
01:16:55,840 --> 01:16:58,639
Speaker 9: impact of rate cuts flow through to activity so far.

1718
01:16:59,000 --> 01:17:01,960
Speaker 9: And then secondly, it's really around term deposits. So that

1719
01:17:02,040 --> 01:17:05,240
Speaker 9: three percent level where they're just sitting above at the moment,

1720
01:17:05,600 --> 01:17:08,400
Speaker 9: has been historically a sort of a level where many

1721
01:17:08,400 --> 01:17:11,400
Speaker 9: holders up to term deposits go hey, look I can

1722
01:17:11,439 --> 01:17:13,479
Speaker 9: do better than that three percent less tax is not

1723
01:17:13,520 --> 01:17:17,000
Speaker 9: worth it. They start to look for higher attends elsewhere,

1724
01:17:17,120 --> 01:17:19,439
Speaker 9: turn to things like guest Eviden paying stocks on the

1725
01:17:19,439 --> 01:17:22,640
Speaker 9: sheer market, property companies, et cetera. That trend has been

1726
01:17:22,720 --> 01:17:24,880
Speaker 9: underway on the nz X in recent months and those

1727
01:17:24,880 --> 01:17:27,320
Speaker 9: companies has been strong performers. But they are the two

1728
01:17:27,400 --> 01:17:29,760
Speaker 9: clear things that do come out of this announcement that

1729
01:17:29,800 --> 01:17:31,439
Speaker 9: could flow through in the coming months.

1730
01:17:31,600 --> 01:17:33,360
Speaker 3: Sam always good to talk to you, mate. Thank you,

1731
01:17:33,360 --> 01:17:35,320
Speaker 3: Sam tra through we have milfed acid management. Right, we'll

1732
01:17:35,320 --> 01:17:37,680
Speaker 3: get back to Simon Watson. I'll explain all of this

1733
01:17:37,840 --> 01:17:39,760
Speaker 3: to you next six twenty one.

1734
01:17:40,360 --> 01:17:44,240
Speaker 2: Whether it's macro, micro or just plain economics, it's all

1735
01:17:44,360 --> 01:17:47,360
Speaker 2: on the business hours. Were the Heather duple cl and

1736
01:17:47,600 --> 01:17:52,479
Speaker 2: mass motor vehicle insurance, Your futures in good hands news talks, that'd.

1737
01:17:52,360 --> 01:17:55,959
Speaker 3: Be heither we are spending thousands of dollars to irradgate

1738
01:17:56,000 --> 01:17:57,880
Speaker 3: wilding pines in this country and then we're going to

1739
01:17:57,880 --> 01:18:00,599
Speaker 3: spend billions of dollars to pay overseas countries plant trees.

1740
01:18:00,640 --> 01:18:03,760
Speaker 3: How stupid are we? Well, fortunately not that stupid. So

1741
01:18:04,120 --> 01:18:07,040
Speaker 3: having had a chat to Simon now right, what I

1742
01:18:07,120 --> 01:18:10,439
Speaker 3: deduce from that is that we are playing pretend. We

1743
01:18:10,560 --> 01:18:12,760
Speaker 3: are one hundred percent just playing pretend. So but we

1744
01:18:12,840 --> 01:18:15,280
Speaker 3: have to, right because we've all signed up. Everybody who's

1745
01:18:15,280 --> 01:18:17,599
Speaker 3: signed up to the Paris Agreement has agreed that we're

1746
01:18:17,600 --> 01:18:20,040
Speaker 3: going to reduce emissions, and clearly we're not going to

1747
01:18:20,040 --> 01:18:21,920
Speaker 3: meet the target domestically. So the only other way that

1748
01:18:21,960 --> 01:18:24,479
Speaker 3: we can reduce emissions to the target is to go

1749
01:18:24,520 --> 01:18:27,080
Speaker 3: in plant trees overseas. So that's got to be part

1750
01:18:27,120 --> 01:18:29,439
Speaker 3: of the charade that we're doing, right, and everybody, I

1751
01:18:29,439 --> 01:18:31,920
Speaker 3: think everybody's doing this charade, all the other countries doing

1752
01:18:31,960 --> 01:18:34,640
Speaker 3: the charade as well. We're all charading that we're going

1753
01:18:34,720 --> 01:18:36,519
Speaker 3: to be able to do it. But we have to

1754
01:18:36,640 --> 01:18:40,400
Speaker 3: keep up the pretense until the thing falls apart, because

1755
01:18:40,400 --> 01:18:42,840
Speaker 3: that is clearly going to happen like it is clearly

1756
01:18:42,920 --> 01:18:45,320
Speaker 3: going to get to the point where all the countries

1757
01:18:45,600 --> 01:18:49,120
Speaker 3: who I mean the vast majority of vast, vast, vast

1758
01:18:49,200 --> 01:18:52,360
Speaker 3: vast majority of countries will not meet their targets. The

1759
01:18:52,520 --> 01:18:54,680
Speaker 3: US has pulled out, God only knows who else is

1760
01:18:54,680 --> 01:18:56,080
Speaker 3: going to pull out, and so you're sort of just

1761
01:18:56,120 --> 01:18:59,599
Speaker 3: waiting for the thing to either fall apart altogether, countries

1762
01:18:59,600 --> 01:19:02,080
Speaker 3: to pull out, or all the targets to be dropped

1763
01:19:02,080 --> 01:19:05,120
Speaker 3: because oh, looks we did exceed one point five degrees

1764
01:19:05,200 --> 01:19:07,160
Speaker 3: celsius and we're not all you know that it hasn't

1765
01:19:07,160 --> 01:19:09,679
Speaker 3: turned into hell fire and brimstone, and we're not all dead.

1766
01:19:10,000 --> 01:19:11,640
Speaker 3: So I think that's what's going on is just a

1767
01:19:11,640 --> 01:19:15,160
Speaker 3: little it's a little game of pretend until we actually

1768
01:19:15,160 --> 01:19:16,800
Speaker 3: all just kind of agree that the thing can be

1769
01:19:16,840 --> 01:19:19,000
Speaker 3: called off. That's what I think is up. So until

1770
01:19:19,040 --> 01:19:21,200
Speaker 3: then he has to just go through the motions. But

1771
01:19:21,200 --> 01:19:23,600
Speaker 3: don't worry about it. Nobody's gonna because come on, the

1772
01:19:24,160 --> 01:19:27,400
Speaker 3: government that sends the government of Chloe Swarbrick in the

1773
01:19:27,479 --> 01:19:31,599
Speaker 3: Never Never run by unicorns empowered by farts, when that

1774
01:19:31,680 --> 01:19:34,920
Speaker 3: actually happens and sends twenty four billion dollars overseas, never

1775
01:19:34,960 --> 01:19:37,240
Speaker 3: mind the next election like that, that government's just gonna

1776
01:19:37,280 --> 01:19:38,800
Speaker 3: get torn apart. Do you know what I mean? It's

1777
01:19:38,840 --> 01:19:40,240
Speaker 3: not going to happen six twenty five.

1778
01:19:41,200 --> 01:19:46,840
Speaker 2: There's no business like show business?

1779
01:19:47,280 --> 01:19:47,840
Speaker 1: How lord?

1780
01:19:48,200 --> 01:19:48,479
Speaker 23: I mean?

1781
01:19:48,560 --> 01:19:51,679
Speaker 3: Do you ever hear the song and think that song sucks?

1782
01:19:51,800 --> 01:19:51,880
Speaker 2: No?

1783
01:19:52,000 --> 01:19:55,200
Speaker 3: You don't? You think what a bang to share? Right,

1784
01:19:55,680 --> 01:19:58,479
Speaker 3: whether it's Sonny and Share share or Disco Diva Share

1785
01:19:58,600 --> 01:20:01,000
Speaker 3: or Oscar winning actress share or modern share who does

1786
01:20:01,080 --> 01:20:04,080
Speaker 3: the uber eats ads? She is just iconic and awesome.

1787
01:20:04,400 --> 01:20:06,400
Speaker 3: Did you know that the year of sixty years since

1788
01:20:06,400 --> 01:20:09,400
Speaker 3: Share actually debuted. Now to celebrate, she's apparently about to

1789
01:20:09,400 --> 01:20:11,640
Speaker 3: strike a deal with Netflix for a tall all documentary

1790
01:20:11,640 --> 01:20:14,719
Speaker 3: series and for her Hollywood stories and her secrets and stuff.

1791
01:20:14,880 --> 01:20:18,599
Speaker 3: Netflix is going to pay her thirty million New Zealand dollars.

1792
01:20:19,040 --> 01:20:21,040
Speaker 3: The series is going to be in seven parts. Each

1793
01:20:21,080 --> 01:20:24,240
Speaker 3: episode is going to apparently likely dive into each decade

1794
01:20:24,240 --> 01:20:26,479
Speaker 3: of her career, all leading up to her life now,

1795
01:20:26,640 --> 01:20:29,320
Speaker 3: and her life right now apparently is quite sweet. She's

1796
01:20:29,640 --> 01:20:32,080
Speaker 3: seventy nine. She's dating a man forty years younger than her.

1797
01:20:32,280 --> 01:20:34,840
Speaker 12: Most people would look at that and go, damn share

1798
01:20:35,080 --> 01:20:36,600
Speaker 12: or damn share.

1799
01:20:36,520 --> 01:20:40,080
Speaker 3: You know whatever, they're not living my life.

1800
01:20:40,840 --> 01:20:45,040
Speaker 19: You know, nobody knows, nobody knows what goes on between us.

1801
01:20:44,880 --> 01:20:48,880
Speaker 3: But we just have a last I don't know what

1802
01:20:49,000 --> 01:20:52,200
Speaker 3: to make of that anyway, Probably don't. I don't even

1803
01:20:52,240 --> 01:20:54,599
Speaker 3: want in mine. Don't worry about it anyway. The tall

1804
01:20:54,600 --> 01:20:58,479
Speaker 3: All series is reportedly going to be called Sharing Her Stories.

1805
01:20:58,560 --> 01:21:01,280
Speaker 3: Did you get that? To get that hearing her stories?

1806
01:21:01,840 --> 01:21:05,759
Speaker 3: M hm spout c h e er in her stories

1807
01:21:05,760 --> 01:21:08,559
Speaker 3: obviously conant, thank you. It's like, really had to make

1808
01:21:08,560 --> 01:21:11,280
Speaker 3: sure you got that if you cannot wait for the series.

1809
01:21:11,479 --> 01:21:14,000
Speaker 3: She has released the first part of her autobiography this year,

1810
01:21:14,000 --> 01:21:15,920
Speaker 3: with part two coming next year, and what I have

1811
01:21:16,000 --> 01:21:19,000
Speaker 3: read so far of it is pretty good and kind

1812
01:21:19,000 --> 01:21:21,599
Speaker 3: of a little bit sad actually. Anyway, Jane tip Cheriney

1813
01:21:21,720 --> 01:21:22,960
Speaker 3: is going to be with us next to talk us

1814
01:21:23,000 --> 01:21:25,320
Speaker 3: through the building warranties, thing go and pump.

1815
01:21:25,000 --> 01:21:46,719
Speaker 2: It everything from SMEs to the big corporates, the Business

1816
01:21:46,760 --> 01:21:50,680
Speaker 2: Hour with Header Duper c Allen and Mass Motor Vehicle Insurance,

1817
01:21:50,960 --> 01:21:58,759
Speaker 2: Your futures in good hands, used talks' beere coming.

1818
01:22:01,080 --> 01:22:03,720
Speaker 3: Simon Watts obviously hasn't read the knee was study from

1819
01:22:03,760 --> 01:22:05,560
Speaker 3: back in June. Steve I love that nee. Thank you

1820
01:22:05,640 --> 01:22:07,280
Speaker 3: for a reminder all of that Nee was study. If

1821
01:22:07,280 --> 01:22:09,160
Speaker 3: you haven't read the Knee Was study from back in June,

1822
01:22:09,160 --> 01:22:10,519
Speaker 3: can I recommend you got Well, you don't have to

1823
01:22:10,560 --> 01:22:13,000
Speaker 3: read that. There's a news article that covers it. But basically,

1824
01:22:13,479 --> 01:22:15,800
Speaker 3: what we're found is a giant sink that we didn't

1825
01:22:15,840 --> 01:22:19,240
Speaker 3: know existed in Fieldland that is sucking up three times

1826
01:22:19,320 --> 01:22:21,160
Speaker 3: as much emissions as we're putting out in a year.

1827
01:22:21,360 --> 01:22:22,880
Speaker 3: So the whole thing is just you don't have to

1828
01:22:22,920 --> 01:22:25,479
Speaker 3: worry about it because Fieldland's fixing it for us at

1829
01:22:25,520 --> 01:22:27,559
Speaker 3: a rate of three times what we're putting out there.

1830
01:22:27,560 --> 01:22:29,599
Speaker 3: But anyway, we'll carry on with the charade because apparently

1831
01:22:29,640 --> 01:22:30,000
Speaker 3: we have to.

1832
01:22:30,800 --> 01:22:30,960
Speaker 13: Now.

1833
01:22:31,120 --> 01:22:33,720
Speaker 3: As you know if you've been following UK politics, it's

1834
01:22:33,760 --> 01:22:37,120
Speaker 3: a big day for them, like overnight for us. The

1835
01:22:37,160 --> 01:22:41,960
Speaker 3: budget's coming out and Starmer's under pressure, whole bunch of

1836
01:22:42,000 --> 01:22:43,840
Speaker 3: little taxes and the budget it's going to make people

1837
01:22:43,840 --> 01:22:45,400
Speaker 3: really angry and god on and knows what it's going

1838
01:22:45,439 --> 01:22:48,120
Speaker 3: to do to his leadership. Gavin Gray will talk us

1839
01:22:48,120 --> 01:22:49,760
Speaker 3: through it when he's with us in ten minutes time.

1840
01:22:49,880 --> 01:22:51,840
Speaker 3: Right now, it's twenty four away from seven.

1841
01:22:52,000 --> 01:22:53,360
Speaker 1: Hemmerdu for see Allen Now.

1842
01:22:53,520 --> 01:22:56,960
Speaker 3: Monday's Building Act overhaul announcement has lawyers warning that some

1843
01:22:57,160 --> 01:23:00,599
Speaker 3: homeowners could actually be left without protection. Under the new regime,

1844
01:23:00,800 --> 01:23:03,960
Speaker 3: liabilities are only assigned to the party responsible, and homeowners

1845
01:23:04,000 --> 01:23:06,799
Speaker 3: of many new buildings will need to buy for themselves

1846
01:23:06,840 --> 01:23:09,680
Speaker 3: a building warranty. But the lawyers are concerned it's not

1847
01:23:09,760 --> 01:23:12,880
Speaker 3: gonna work. Jene Tibstrainey is The Herald's Wellington Business editor

1848
01:23:12,880 --> 01:23:16,479
Speaker 3: and with us right now, Hi, Janay, what is it

1849
01:23:16,560 --> 01:23:18,000
Speaker 3: that the lawyers are worried about here?

1850
01:23:19,160 --> 01:23:19,519
Speaker 5: All right?

1851
01:23:19,640 --> 01:23:22,600
Speaker 24: So the way the law works at the moment is

1852
01:23:22,680 --> 01:23:27,000
Speaker 24: if that you have a problem with your home and

1853
01:23:27,200 --> 01:23:30,840
Speaker 24: you reckon, there are three parties responsible. If two of

1854
01:23:30,920 --> 01:23:33,080
Speaker 24: those parties are no longer in business, like your builder's

1855
01:23:33,080 --> 01:23:36,880
Speaker 24: gone bust, your counsel which signed off on that build,

1856
01:23:37,280 --> 01:23:39,400
Speaker 24: it might have to pay you out the full cost

1857
01:23:39,840 --> 01:23:40,479
Speaker 24: of the problem.

1858
01:23:40,960 --> 01:23:41,080
Speaker 5: Right.

1859
01:23:41,200 --> 01:23:43,760
Speaker 24: So that's arguably unfair for the council, but it's good

1860
01:23:43,840 --> 01:23:46,800
Speaker 24: for you as the homeowner Under the proposed changed As

1861
01:23:46,880 --> 01:23:50,240
Speaker 24: you said before, Heather, the liability will be apportioned to

1862
01:23:50,320 --> 01:23:54,000
Speaker 24: the person who's responsible. The issue is is that the

1863
01:23:54,080 --> 01:23:57,559
Speaker 24: responsible person might not have the money to pay you out,

1864
01:23:58,120 --> 01:24:00,559
Speaker 24: so the government recognized that, which is why it's saying

1865
01:24:00,600 --> 01:24:02,360
Speaker 24: that if you get a house built, you have to

1866
01:24:02,920 --> 01:24:06,000
Speaker 24: get a warranty on that. But the lawyers I spoke

1867
01:24:06,120 --> 01:24:10,840
Speaker 24: to said that they worried these warranties were a bit

1868
01:24:10,920 --> 01:24:14,400
Speaker 24: worthless in some cases. So there are so many terms

1869
01:24:14,439 --> 01:24:17,599
Speaker 24: and conditions with these warranties. You know, they only provide

1870
01:24:17,680 --> 01:24:22,240
Speaker 24: you cover for set time periods, usually less than ten years.

1871
01:24:22,520 --> 01:24:25,280
Speaker 24: You know, problems usually crop up after a building's you know,

1872
01:24:25,720 --> 01:24:30,960
Speaker 24: older than ten years. They thought that was a major concern, that,

1873
01:24:31,040 --> 01:24:35,519
Speaker 24: you know, these warranties are just not that strong. The

1874
01:24:35,680 --> 01:24:38,200
Speaker 24: other issue is the other thing the government said was well,

1875
01:24:39,200 --> 01:24:43,040
Speaker 24: in addition to warranties, it's making engineers and architects and

1876
01:24:43,200 --> 01:24:46,000
Speaker 24: the professionals involved in a build, it's making them get

1877
01:24:46,080 --> 01:24:49,360
Speaker 24: professional and dimnity insurance cover. Now most of them already

1878
01:24:49,400 --> 01:24:52,799
Speaker 24: have that cover. But the lawyers also worried that sometimes

1879
01:24:52,880 --> 01:24:57,200
Speaker 24: that cover, you know, might not provide you enough money

1880
01:24:57,280 --> 01:24:59,759
Speaker 24: for if there's a major problem, like with an apartment building.

1881
01:25:00,360 --> 01:25:03,920
Speaker 24: So the lawyers were very worried, not just a little

1882
01:25:03,960 --> 01:25:07,920
Speaker 24: bit worried. The other big concern is that the government

1883
01:25:08,080 --> 01:25:13,880
Speaker 24: isn't requiring apartment owners to get warranties. So if you

1884
01:25:14,000 --> 01:25:20,200
Speaker 24: buy an apartment, you know there is no requirement for warranties.

1885
01:25:20,240 --> 01:25:22,519
Speaker 24: If there's a problem with the builder, it's going to

1886
01:25:22,560 --> 01:25:24,320
Speaker 24: be hard for you to get your money.

1887
01:25:24,479 --> 01:25:28,400
Speaker 3: So this actually puts potentially apartment owned is at greater

1888
01:25:28,520 --> 01:25:29,519
Speaker 3: risk than anybody else.

1889
01:25:30,320 --> 01:25:33,920
Speaker 24: Yes, that's exactly the case. And you know the reason

1890
01:25:34,080 --> 01:25:37,720
Speaker 24: they are at greater risk because is because under the proposal,

1891
01:25:38,240 --> 01:25:44,200
Speaker 24: is because they aren't existing warranties widely available for apartments

1892
01:25:44,479 --> 01:25:49,519
Speaker 24: for the very reason that apartments are risky. So you know,

1893
01:25:49,880 --> 01:25:53,880
Speaker 24: the government is mandating warranties for homes because these products

1894
01:25:53,880 --> 01:25:56,599
Speaker 24: are already out there. It's those Master Builders, Certified Builder,

1895
01:25:57,120 --> 01:26:01,560
Speaker 24: those ones. But the cover for apartments quite limited. So

1896
01:26:02,560 --> 01:26:05,040
Speaker 24: you know, the lawyers I spoke to said, yes, you know,

1897
01:26:05,200 --> 01:26:07,280
Speaker 24: on paper, it seems really good to say that to

1898
01:26:07,400 --> 01:26:11,760
Speaker 24: apportion the liability to the person responsible, but in practice,

1899
01:26:12,560 --> 01:26:16,600
Speaker 24: if there's no way of all the different parties responsible

1900
01:26:16,720 --> 01:26:21,360
Speaker 24: being sufficiently ensured or there being enough backstops, then the

1901
01:26:21,439 --> 01:26:23,560
Speaker 24: person that misses out as the homeowner if there is

1902
01:26:23,600 --> 01:26:24,000
Speaker 24: a problem.

1903
01:26:24,120 --> 01:26:27,479
Speaker 3: Okay, And so insurance companies are also concerned about this.

1904
01:26:30,600 --> 01:26:34,920
Speaker 24: So of the main warranty providers in the market, two

1905
01:26:35,000 --> 01:26:38,120
Speaker 24: of them Master builders and Certified Builders. The way they

1906
01:26:38,240 --> 01:26:41,880
Speaker 24: fund their warranties is they self fund it, so you know,

1907
01:26:42,000 --> 01:26:44,040
Speaker 24: you pay for your warranty that goes into a pot

1908
01:26:44,080 --> 01:26:46,200
Speaker 24: of money. When there's a problem they use that pot

1909
01:26:46,280 --> 01:26:48,320
Speaker 24: to pay you out. But there's another product in the

1910
01:26:48,360 --> 01:26:52,679
Speaker 24: market offered by Stamford Insurance, and that one is backed

1911
01:26:52,680 --> 01:26:58,679
Speaker 24: by Lloyds of London that works slightly differently. So Lloyds

1912
01:26:58,720 --> 01:27:04,560
Speaker 24: of London provides back for a warranty. But you know

1913
01:27:04,680 --> 01:27:06,719
Speaker 24: that there aren't lots of other products in the market,

1914
01:27:06,800 --> 01:27:09,479
Speaker 24: so you would think that if insurers thought that there

1915
01:27:09,560 --> 01:27:12,519
Speaker 24: was a great opportunity here, they'd be in there. But

1916
01:27:12,600 --> 01:27:15,320
Speaker 24: they're not because they think it's risky. I mean, look

1917
01:27:15,320 --> 01:27:17,759
Speaker 24: at New Zealand's history with building. It is very risky

1918
01:27:18,160 --> 01:27:21,640
Speaker 24: and New Zealand is a small market. So you know,

1919
01:27:21,840 --> 01:27:24,840
Speaker 24: Chris Pink, the Minister, reckons we might see some more

1920
01:27:25,000 --> 01:27:28,439
Speaker 24: entrance to this market, but you know the fact that

1921
01:27:28,680 --> 01:27:31,400
Speaker 24: they're not there already is surely a sign.

1922
01:27:31,680 --> 01:27:33,719
Speaker 3: Yeah, i'd say so, Hey, Jena, thanks very much, appreciate

1923
01:27:33,760 --> 01:27:36,760
Speaker 3: you talking at generated trainee. The Herald's Wellington Business editor.

1924
01:27:36,800 --> 01:27:38,280
Speaker 3: It's nineteen away from seven.

1925
01:27:38,560 --> 01:27:39,519
Speaker 1: The Duper Cellen.

1926
01:27:39,680 --> 01:27:42,120
Speaker 3: Yeah, this is one of these things that all the

1927
01:27:42,160 --> 01:27:44,479
Speaker 3: way through, if you've been following what Chris Pink has

1928
01:27:44,520 --> 01:27:47,680
Speaker 3: been doing all the way through, there's just been no

1929
01:27:47,840 --> 01:27:50,360
Speaker 3: one who's been who stood up and said this is

1930
01:27:50,360 --> 01:27:52,639
Speaker 3: a great idea. I mean, I think apart from master Builders,

1931
01:27:52,680 --> 01:27:55,120
Speaker 3: because obviously they stand to benefit from it, so of

1932
01:27:55,160 --> 01:27:56,720
Speaker 3: course they're going to say, but nobody else has said

1933
01:27:56,720 --> 01:27:58,839
Speaker 3: it's a great idea, in which case you wonder, where

1934
01:27:58,840 --> 01:28:02,080
Speaker 3: are you Pink get this idea from? And why is

1935
01:28:02,120 --> 01:28:05,200
Speaker 3: he going, like, why is he persevering with this? If

1936
01:28:05,280 --> 01:28:08,040
Speaker 3: no one is sort of you know, I don't know.

1937
01:28:08,120 --> 01:28:10,280
Speaker 19: It's because we can't be no Zealand heavy.

1938
01:28:10,320 --> 01:28:13,080
Speaker 3: Well, yes Zealand, go for it, Chris. No, I mean

1939
01:28:13,120 --> 01:28:15,360
Speaker 3: you've still got to be obviously, thank you, You've still

1940
01:28:15,439 --> 01:28:17,560
Speaker 3: got to be no to the stupid things, don't you,

1941
01:28:17,760 --> 01:28:21,519
Speaker 3: and the things that are obviously not going to work. Jakarta.

1942
01:28:22,160 --> 01:28:24,599
Speaker 3: Jakarta is now the biggest city in the world.

1943
01:28:25,000 --> 01:28:25,240
Speaker 1: It was.

1944
01:28:25,840 --> 01:28:27,559
Speaker 3: They don't do this very often, by the looks of things.

1945
01:28:27,560 --> 01:28:29,000
Speaker 3: They don't go and count that, you know, how many

1946
01:28:29,040 --> 01:28:30,560
Speaker 3: people are in the cities for some reason, and like

1947
01:28:30,640 --> 01:28:33,559
Speaker 3: do a population cout. A proper population gout very often.

1948
01:28:33,600 --> 01:28:35,920
Speaker 3: It seems like you do it like four times a century,

1949
01:28:36,320 --> 01:28:38,840
Speaker 3: so every twenty five years or thereabouts. Last time they

1950
01:28:38,880 --> 01:28:41,160
Speaker 3: did it in two thousand it was Tokyo, which was

1951
01:28:41,200 --> 01:28:43,679
Speaker 3: the biggest. Tokyo's now fall into third place, being overtaken

1952
01:28:43,680 --> 01:28:47,320
Speaker 3: by Jakarta and Bangladesh's capital capital, Duka. So this is

1953
01:28:47,360 --> 01:28:51,240
Speaker 3: how it goes. Jakarta forty two million people in that city.

1954
01:28:51,479 --> 01:28:55,120
Speaker 3: That's like, what is that? Seven New Zealands? If you

1955
01:28:55,160 --> 01:28:57,240
Speaker 3: say that we're did I do proper maths? Just then

1956
01:28:57,360 --> 01:28:58,080
Speaker 3: six times seven?

1957
01:28:58,160 --> 01:28:58,200
Speaker 17: What?

1958
01:28:58,320 --> 01:29:00,920
Speaker 3: Six times seven? Ants? Don't do that to me?

1959
01:29:02,280 --> 01:29:02,680
Speaker 17: Is it? No?

1960
01:29:03,400 --> 01:29:06,680
Speaker 3: It is forty two? The German said three five? Well,

1961
01:29:06,720 --> 01:29:08,680
Speaker 3: I think we've got six million. I mean, I just

1962
01:29:08,760 --> 01:29:10,879
Speaker 3: don't feel like five millions fair anymore?

1963
01:29:10,960 --> 01:29:11,080
Speaker 17: Is it?

1964
01:29:11,439 --> 01:29:13,080
Speaker 3: We're five million for such a long time, we've got

1965
01:29:13,120 --> 01:29:15,960
Speaker 3: to be six million, I mean five and a half atmost. Surely, Well,

1966
01:29:16,280 --> 01:29:18,599
Speaker 3: I mean it's rounded up then okay, so we're six million.

1967
01:29:18,880 --> 01:29:22,120
Speaker 3: So Jakarta is seven times? How good was my mass?

1968
01:29:22,280 --> 01:29:22,519
Speaker 3: Just then?

1969
01:29:22,600 --> 01:29:22,720
Speaker 5: Hm?

1970
01:29:22,760 --> 01:29:26,519
Speaker 3: Hm? Erica would be proud anyway. So so seven times

1971
01:29:26,760 --> 01:29:29,400
Speaker 3: the entire population of this country, probably a little bit

1972
01:29:29,439 --> 01:29:33,799
Speaker 3: more fits into Jakarta, then Daka and Bangladesh thirty seven million,

1973
01:29:34,120 --> 01:29:37,519
Speaker 3: Tokyo thirty three million, New Delhi in India thirty million,

1974
01:29:37,600 --> 01:29:41,519
Speaker 3: Shanghai thirty million, Guangzho twenty eight million, Cairo twenty six million,

1975
01:29:41,600 --> 01:29:45,320
Speaker 3: Manila twenty five million, Kolkata twenty three million, and Sol

1976
01:29:45,720 --> 01:29:46,519
Speaker 3: twenty two million.

1977
01:29:46,720 --> 01:29:46,960
Speaker 5: Geeze.

1978
01:29:46,960 --> 01:29:48,920
Speaker 3: When you see places, when you see those kinds of numbers,

1979
01:29:48,920 --> 01:29:52,280
Speaker 3: don't you just think, Wow, we really are small and

1980
01:29:52,400 --> 01:29:54,840
Speaker 3: maybe if we add maybe if we doubled to ten million,

1981
01:29:54,880 --> 01:29:56,800
Speaker 3: it wouldn't be the end of the world, would it. Now?

1982
01:29:57,680 --> 01:29:59,920
Speaker 3: Speaking of yes Zeeland, which we were going to be.

1983
01:30:00,200 --> 01:30:03,240
Speaker 3: Now it is looking fantastic for our mining boon because

1984
01:30:03,280 --> 01:30:06,120
Speaker 3: there's a company called Tycho Critical Minerals which is preparing

1985
01:30:06,160 --> 01:30:08,560
Speaker 3: to mine for critical minerals obviously the hinters in the

1986
01:30:08,680 --> 01:30:11,280
Speaker 3: name near Barrytown on the West coast, and they are

1987
01:30:11,320 --> 01:30:13,599
Speaker 3: going to do a twenty million dollar capital raising next

1988
01:30:13,760 --> 01:30:17,080
Speaker 3: midnext year. They're looking for garnet, zircon, bunch of stuff

1989
01:30:17,080 --> 01:30:19,400
Speaker 3: like that and what they do. Because we're into this,

1990
01:30:19,560 --> 01:30:21,599
Speaker 3: don't don't check your head and say no, just go yes,

1991
01:30:21,840 --> 01:30:23,960
Speaker 3: we're into this idea they're going to take I can't

1992
01:30:23,960 --> 01:30:25,920
Speaker 3: remember what the number is. It was like maybe forty

1993
01:30:25,960 --> 01:30:28,640
Speaker 3: two hectares or something like that of farmland in on

1994
01:30:28,720 --> 01:30:30,559
Speaker 3: the west coast. And then they strip it to an

1995
01:30:30,600 --> 01:30:33,400
Speaker 3: exist to a depth of several meters, and then they

1996
01:30:33,840 --> 01:30:37,559
Speaker 3: take that that's that tops oil and all that stuff

1997
01:30:37,600 --> 01:30:39,559
Speaker 3: and whatever's underneath it, and they have a mineral rich

1998
01:30:39,680 --> 01:30:42,720
Speaker 3: sludge for processing. They tackle the minerals out and then

1999
01:30:42,720 --> 01:30:45,479
Speaker 3: they restore the land to pasture because they put it

2000
01:30:45,520 --> 01:30:47,400
Speaker 3: back better than it was, and they reckon it is

2001
01:30:47,439 --> 01:30:50,240
Speaker 3: better than it was prior to mining. And we're into

2002
01:30:50,320 --> 01:30:52,280
Speaker 3: this because look at that. You get better land at

2003
01:30:52,280 --> 01:30:55,400
Speaker 3: the end, plus you get some money, Yes, Zealand sixteen

2004
01:30:55,400 --> 01:30:57,479
Speaker 3: away from seven ever to.

2005
01:30:57,520 --> 01:31:01,479
Speaker 2: Do with money, it matters to you. The Business Hour

2006
01:31:01,760 --> 01:31:05,240
Speaker 2: with Heather Duper c Allen and Mayor's Motor Vehicle Insurance

2007
01:31:05,560 --> 01:31:08,520
Speaker 2: your futures in good heads us talks.

2008
01:31:08,280 --> 01:31:10,960
Speaker 3: It'd be hither essentially what Janey told us as don't

2009
01:31:11,000 --> 01:31:14,559
Speaker 3: buy apartments without solid warranty. Walk away developers will soon

2010
01:31:14,640 --> 01:31:18,120
Speaker 3: freak out easy thirteen away from Sephen. Gavin Gray is

2011
01:31:18,160 --> 01:31:20,920
Speaker 3: a UK corresponding with us. Now, Hey, hey Gavin, happy

2012
01:31:20,920 --> 01:31:21,600
Speaker 3: budget day to you.

2013
01:31:21,800 --> 01:31:22,479
Speaker 1: I've ever.

2014
01:31:24,840 --> 01:31:24,960
Speaker 5: Hi.

2015
01:31:25,280 --> 01:31:26,679
Speaker 3: Yeah, I feel like I've got to say it again,

2016
01:31:26,720 --> 01:31:28,560
Speaker 3: Happy budget day to you, because I feel like it's not.

2017
01:31:29,080 --> 01:31:30,640
Speaker 3: It's not going to be a happy budget day, is it.

2018
01:31:31,479 --> 01:31:31,519
Speaker 14: No?

2019
01:31:31,840 --> 01:31:34,920
Speaker 25: I suspect it won't be. And this is something the

2020
01:31:35,040 --> 01:31:39,320
Speaker 25: government has been giving briefings to counter briefings U turn

2021
01:31:39,479 --> 01:31:42,240
Speaker 25: speculation about what's going to be in this the Chancellor

2022
01:31:42,720 --> 01:31:46,160
Speaker 25: laying out her plan for the economic future of the UK,

2023
01:31:46,400 --> 01:31:50,160
Speaker 25: both the income, the tax intake and also the expenditure.

2024
01:31:50,680 --> 01:31:52,920
Speaker 25: And I've never known a budget so widely leaked, and

2025
01:31:53,000 --> 01:31:55,600
Speaker 25: then so in some instances widely U turned. So we

2026
01:31:55,680 --> 01:31:59,200
Speaker 25: think we're being softened up for tax rises, income tax

2027
01:31:59,320 --> 01:32:01,519
Speaker 25: rises paid out of our salary. Then all of a

2028
01:32:01,560 --> 01:32:04,840
Speaker 25: sudden there's a screeching you turn on that, and now

2029
01:32:04,880 --> 01:32:08,080
Speaker 25: it looks like they are going to keep the thresholds

2030
01:32:08,640 --> 01:32:12,280
Speaker 25: for paying tax and tax at different levels frozen again.

2031
01:32:12,600 --> 01:32:15,200
Speaker 25: So of course, as everyone earns a bit more, their

2032
01:32:15,320 --> 01:32:18,200
Speaker 25: salary creeps up, and that means that some people will

2033
01:32:18,240 --> 01:32:21,559
Speaker 25: now enter a new income tax threshold, a hire one,

2034
01:32:21,960 --> 01:32:24,799
Speaker 25: or indeed start paying tax where they've never paid it before.

2035
01:32:25,360 --> 01:32:30,200
Speaker 25: It seems to be the least unpalatable solution, and the

2036
01:32:30,320 --> 01:32:34,400
Speaker 25: government hire desperately aware it is unpopular. The ratings of

2037
01:32:34,479 --> 01:32:37,200
Speaker 25: the Prime Minister and the Chancellor are low, and many

2038
01:32:37,280 --> 01:32:39,720
Speaker 25: in their own party are threatening to vote against what

2039
01:32:39,840 --> 01:32:42,960
Speaker 25: they don't like. So this is a crucial moment in politics,

2040
01:32:43,040 --> 01:32:46,240
Speaker 25: a crucial moment for the government. All the economic data

2041
01:32:46,320 --> 01:32:48,920
Speaker 25: suggests tax rises, the tax take is going to have

2042
01:32:49,040 --> 01:32:53,000
Speaker 25: to increase, and yet at the same time, the government's

2043
01:32:53,120 --> 01:32:57,719
Speaker 25: plans for public spending on public services, healthcare, schooling, policing,

2044
01:32:57,880 --> 01:33:01,479
Speaker 25: all has under huge pressure to rise. So this is

2045
01:33:01,520 --> 01:33:05,080
Speaker 25: a real balancing act, not just economically but politically too,

2046
01:33:05,240 --> 01:33:07,840
Speaker 25: with some predicting if it doesn't go down well with

2047
01:33:07,920 --> 01:33:11,040
Speaker 25: the public and with MPs, then we could be looking

2048
01:33:11,160 --> 01:33:12,839
Speaker 25: at a leadership battle.

2049
01:33:12,960 --> 01:33:15,360
Speaker 3: Well that seems the most likely outcome, doesn't it. And

2050
01:33:15,720 --> 01:33:17,800
Speaker 3: I've been scratching my head about this Kevin. I think

2051
01:33:18,600 --> 01:33:21,240
Speaker 3: like the only way that she gets herself in Keostama

2052
01:33:21,280 --> 01:33:22,880
Speaker 3: out of this hole is that there is some sort

2053
01:33:22,880 --> 01:33:26,240
Speaker 3: of an amazing surprise in the budget that completely blows

2054
01:33:26,280 --> 01:33:28,479
Speaker 3: everyone away. But there just isn't the money for that.

2055
01:33:28,640 --> 01:33:29,880
Speaker 3: So what are the chances of that?

2056
01:33:31,280 --> 01:33:33,560
Speaker 25: No, I think you're right, there isn't the money for that,

2057
01:33:33,840 --> 01:33:37,360
Speaker 25: And there's all sorts of reports that Middle England those

2058
01:33:37,400 --> 01:33:40,479
Speaker 25: who earn not excessive amounts of money in average amount,

2059
01:33:40,680 --> 01:33:43,760
Speaker 25: they are going to be taxed more, and that money

2060
01:33:43,880 --> 01:33:46,400
Speaker 25: is going to go to those that don't work at all,

2061
01:33:46,640 --> 01:33:50,240
Speaker 25: be that for ill health or be that for just

2062
01:33:50,360 --> 01:33:55,360
Speaker 25: being unemployed. Certainly, the demand is ever, ever increasing, and

2063
01:33:55,800 --> 01:33:58,160
Speaker 25: any signs that this government has ever shown to try

2064
01:33:58,200 --> 01:34:01,840
Speaker 25: to reduce the benefits bill and reduce spending seems to

2065
01:34:01,920 --> 01:34:05,320
Speaker 25: be overturned by its own backbencher. So there's a lot

2066
01:34:05,439 --> 01:34:09,439
Speaker 25: going on here, and well, everyone I suspect will be

2067
01:34:09,479 --> 01:34:12,280
Speaker 25: glued to their radio in just under seven hours time

2068
01:34:12,320 --> 01:34:14,360
Speaker 25: when it all starts. But as I said, a lot

2069
01:34:14,439 --> 01:34:17,519
Speaker 25: of people as well saying look, you've really leaked so

2070
01:34:17,760 --> 01:34:20,000
Speaker 25: much of this already, and that has had an effect

2071
01:34:20,080 --> 01:34:23,320
Speaker 25: on the money markets. It's led to uncertainty, and markets

2072
01:34:23,360 --> 01:34:27,680
Speaker 25: don't like uncertainty, and they are solely to blame for

2073
01:34:27,760 --> 01:34:30,439
Speaker 25: doing that, and that should not have been something which

2074
01:34:30,520 --> 01:34:31,679
Speaker 25: this government embarked bond.

2075
01:34:31,840 --> 01:34:34,600
Speaker 3: Even have they arrested more people over this heist with

2076
01:34:34,680 --> 01:34:35,280
Speaker 3: the Louver.

2077
01:34:36,479 --> 01:34:39,960
Speaker 25: Yes they have now, Heather, there are four extra people

2078
01:34:40,120 --> 01:34:43,840
Speaker 25: have been arrested. They are aged two men thirty eight

2079
01:34:43,880 --> 01:34:46,519
Speaker 25: thirty nine, two women thirty one and forty all from

2080
01:34:46,560 --> 01:34:49,679
Speaker 25: the Paris region, and according to the French media, among

2081
01:34:49,760 --> 01:34:52,280
Speaker 25: them is thought to be the last member of the

2082
01:34:52,600 --> 01:34:55,880
Speaker 25: four man gang that allegedly carried out the daylight heist.

2083
01:34:56,200 --> 01:34:59,719
Speaker 25: The other three suspected thieves have already been arrested and charged.

2084
01:35:00,160 --> 01:35:03,320
Speaker 25: Police now have ninety six hours to question the new

2085
01:35:03,479 --> 01:35:08,120
Speaker 25: group of four, but still no trace of the duels

2086
01:35:08,160 --> 01:35:10,760
Speaker 25: has ever been found. Said to be worth about one

2087
01:35:10,880 --> 01:35:14,120
Speaker 25: hundred and seventy five million New Zealand dollars taken on

2088
01:35:14,280 --> 01:35:18,240
Speaker 25: the nineteenth of October, and it looks like as well

2089
01:35:18,360 --> 01:35:22,200
Speaker 25: now they are obviously believing that this was not some

2090
01:35:22,840 --> 01:35:28,200
Speaker 25: amazing mastermind and incredibly experienced group. They actually believe them

2091
01:35:28,240 --> 01:35:30,760
Speaker 25: to be sort of opportunists. But it seems so odd

2092
01:35:30,800 --> 01:35:35,640
Speaker 25: that an opportunist should have a hydraulic lift on the

2093
01:35:35,680 --> 01:35:39,719
Speaker 25: back of a lorry to try and access the gallery

2094
01:35:39,800 --> 01:35:42,640
Speaker 25: to try and take these things out, So quite extraordinary

2095
01:35:42,680 --> 01:35:45,640
Speaker 25: that they believe this is petty criminals rather than organized

2096
01:35:45,920 --> 01:35:47,120
Speaker 25: crime professionals.

2097
01:35:47,280 --> 01:35:50,080
Speaker 3: Yeah, very fascinating stuff. I Gavin, listen, good luck today.

2098
01:35:50,240 --> 01:35:52,200
Speaker 3: Hope you come out of the day not feeling too miserable.

2099
01:35:52,240 --> 01:35:54,880
Speaker 3: That's Gavin Gray, UK correspondent. I imagine that we're going

2100
01:35:54,920 --> 01:35:57,519
Speaker 3: to be talking a lot about the budget tomorrow. Here,

2101
01:35:57,600 --> 01:35:59,720
Speaker 3: by the way, is Robert Erwin winning Dancing with the

2102
01:35:59,760 --> 01:36:00,400
Speaker 3: Sound Us.

2103
01:36:00,920 --> 01:36:21,640
Speaker 26: Robert, My sister said a beast, thank you for.

2104
01:36:21,840 --> 01:36:26,040
Speaker 3: Changing my life so American. I it's like so intense.

2105
01:36:26,200 --> 01:36:27,680
Speaker 3: I don't know if you could hear anything there at

2106
01:36:27,720 --> 01:36:31,439
Speaker 3: all other than just stuffed off. Eight away from seven, it's.

2107
01:36:31,360 --> 01:36:34,360
Speaker 2: The heather too for see allan Drive full show podcast

2108
01:36:34,479 --> 01:36:37,120
Speaker 2: on iHeartRadio powered by news Dog ZB.

2109
01:36:39,240 --> 01:36:41,280
Speaker 3: What about this, by the way, five away from seven?

2110
01:36:41,360 --> 01:36:43,280
Speaker 3: What about this? Read the parking and the braking and

2111
01:36:43,320 --> 01:36:46,240
Speaker 3: all the weird stuff cars do. Hither regarding the automatic braking,

2112
01:36:46,280 --> 01:36:47,560
Speaker 3: I had a hall of a scare. We had a

2113
01:36:47,600 --> 01:36:50,400
Speaker 3: brand new European car and we were driving it down

2114
01:36:50,439 --> 01:36:52,640
Speaker 3: Newton Road when all of a sudden that must be

2115
01:36:54,400 --> 01:36:57,120
Speaker 3: in Auckland, YEP. When all of a sudden it slammed

2116
01:36:57,160 --> 01:36:59,120
Speaker 3: on its own brakes, bringing the vehicle to a halt

2117
01:36:59,160 --> 01:37:01,840
Speaker 3: in amongst the moving tram. It slammed the brakes on

2118
01:37:02,000 --> 01:37:04,160
Speaker 3: enough that I saw from the seat belt for several days.

2119
01:37:04,439 --> 01:37:06,280
Speaker 3: Drove it straight back to the dealership. The only thing

2120
01:37:06,320 --> 01:37:07,720
Speaker 3: that they could think that had happened is that a

2121
01:37:07,800 --> 01:37:09,479
Speaker 3: leaf or something had blown across in front of the

2122
01:37:09,520 --> 01:37:11,400
Speaker 3: camera at the front of the car made it to

2123
01:37:11,439 --> 01:37:14,120
Speaker 3: an emergency break. I cannot stand that feature and I

2124
01:37:14,280 --> 01:37:17,320
Speaker 3: do not feel safe with it, Jason, No one does.

2125
01:37:17,680 --> 01:37:21,479
Speaker 19: Ants I wouldn't be buying a brand new European car

2126
01:37:21,600 --> 01:37:23,839
Speaker 19: in the first place, because I mean imagine that imagining

2127
01:37:23,840 --> 01:37:27,320
Speaker 19: if anything breaks on that thing, replacing the part for it,

2128
01:37:27,520 --> 01:37:29,160
Speaker 19: like if the part is even in the country, it's

2129
01:37:29,200 --> 01:37:29,679
Speaker 19: going to be horror.

2130
01:37:29,720 --> 01:37:31,519
Speaker 3: Do you know what. One of my best friends had

2131
01:37:31,560 --> 01:37:34,240
Speaker 3: an Audi and then something happened and this has just

2132
01:37:34,280 --> 01:37:36,600
Speaker 3: happened in the last month, and then something happened, and

2133
01:37:36,720 --> 01:37:38,960
Speaker 3: then it cost her five thousand to repair it. So

2134
01:37:39,080 --> 01:37:40,760
Speaker 3: she traded it in immediately and came up with a

2135
01:37:40,800 --> 01:37:43,000
Speaker 3: Masda three. Well it's yes, this is the thing mat move.

2136
01:37:43,080 --> 01:37:44,760
Speaker 19: Yeah, yeah, you just need the AK forty seven of

2137
01:37:44,840 --> 01:37:48,400
Speaker 19: cars sometimes Knocking on Heaven's Door by Guns n' Roses

2138
01:37:48,439 --> 01:37:50,920
Speaker 19: to play us out tonight. Guns and Roses have announced

2139
01:37:50,920 --> 01:37:53,280
Speaker 19: they will be releasing new music from two new songs

2140
01:37:53,400 --> 01:37:56,160
Speaker 19: are one called Nothing and one called Atlas. They'll both

2141
01:37:56,200 --> 01:37:58,320
Speaker 19: be coming out on the second of December, so I

2142
01:37:58,360 --> 01:38:00,240
Speaker 19: think next week. Yeah, yeah, yeah, not too far way.

2143
01:38:00,520 --> 01:38:04,320
Speaker 19: They've also announced they'll be going on tour next year Mexico, Brazil,

2144
01:38:04,439 --> 01:38:07,720
Speaker 19: North America and Europe. So sadly no Eden part just yet.

2145
01:38:08,960 --> 01:38:11,320
Speaker 3: Well were they rubbish last time they did a tour?

2146
01:38:13,360 --> 01:38:14,120
Speaker 5: Oh that's right.

2147
01:38:14,200 --> 01:38:17,280
Speaker 19: They played at Mount Smart. Lots of Actually I do

2148
01:38:17,439 --> 01:38:18,960
Speaker 19: know at least one person who went along and had

2149
01:38:18,960 --> 01:38:20,559
Speaker 19: a good time. Oh no, no, hang on, I'm thinking

2150
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Speaker 19: of the Chilies. No, yeah, never mind, totally different bad Yeah,

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Speaker 19: I was gonnay. That's music, man, it all blows together

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Speaker 19: for me. I'm sorry, it's jes.

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Speaker 3: Or a troll all right. Anyway, listen, enjoy yourself. We'll

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Speaker 3: see you tomorrow. News Tooms it'd be.

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Speaker 2: For more from Hither Duplessye Allen Drive. Listen live to

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Speaker 2: News Talks it'd be from four pm weekdays, or follow

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Speaker 2: the podcast on iHeartRadio.