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Speaker 1: Pressing the newspakers to get the real story. It's hither

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Speaker 1: duplicy Ellen. Drive with one New Zealand let's get connected.

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Speaker 2: Youth Top said, be.

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Speaker 3: Hey, good afternoon, welcome to the show coming up today.

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Speaker 3: We have finally got the Ministry of Health guidance on

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Speaker 3: those puberty blockers for kids. Not safe, not effective. We'll

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Speaker 3: have a chat to the Ministry about that. Ghanesh Nana

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Speaker 3: on why he and a bunch of other economists want

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Speaker 3: the government to keep on spending lots of money. And

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Speaker 3: we'll speak to a mumfluencer. This is you know, mums

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Speaker 3: who go on the old social media. Why they're pulling

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Speaker 3: back from posting about their kids.

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Speaker 2: Hither duplicy Ellen?

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Speaker 3: Right, So we are sixteen hours into the gang patch

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Speaker 3: ban and at least two arrests have been made and

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Speaker 3: hands up, who's got a problem with that? Yeah? Me neither.

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Speaker 3: And I actually would have thought that most of us

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Speaker 3: would be stoked to see criminals reminded that they don't

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Speaker 3: run the place. So I was a little bit surprised

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Speaker 3: to see how upset some people have got on behalf

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Speaker 3: of the poor old gangs. For example, Radio New Zealand

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Speaker 3: this morning said there is quote not a lot of

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Speaker 3: evidence that this has made people say for in other

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Speaker 3: parts of the world, well, actually, yes, there is. There

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Speaker 3: is actually a lot of evidence. The avia. Have a

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Speaker 3: look around. Look at Queensland. The game patch ban in

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Speaker 3: Queensland literally drove the bikes out of the state. They

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Speaker 3: literally left and as a result they end up with

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Speaker 3: fewer bikes in Queensland, fewer bikis there to commit crimes.

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Speaker 3: Tell me that that's not evidence that the patch ban worked.

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Speaker 4: Stuff.

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Speaker 3: Ran a story today inside amongr mob meeting I think

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Speaker 3: in a Portaquy Giant sob story about how the gangs

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Speaker 3: are feeling about having their patches banned or what about this

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Speaker 3: et Tungata did an interview. Now, to be fair, this

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Speaker 3: interview goes back a few weeks, but they did an

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Speaker 3: interview with a gang member who said he's not going

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Speaker 3: to give up his patch because quote, getting a patch

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Speaker 3: identifies someone who's gone through the hardships of prospecting. The

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Speaker 3: hardships of prospecting, which she said was very similar to

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Speaker 3: going and training in the military and getting a badge. No,

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Speaker 3: it's not what are you talking about. Let's be clear

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Speaker 3: about what kind of hardships of prospecting. We're talking about here,

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Speaker 3: not talking about these people going out and doing some

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Speaker 3: hard labor on the building site, helping to build a

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Speaker 3: house all day. We're not talking about them slaving away

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Speaker 3: and the meat works to be able to feed their families.

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Speaker 3: We are talking about them doing crime to be like

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Speaker 3: violent crime, to be able to get a patch. It's

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Speaker 3: not good hard work, it's bad hard work. So maybe

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Speaker 3: that could have been pointed out so that the readers

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Speaker 3: maybe felt a little less sympathy for the parolda pressed

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Speaker 3: gang member in that instance. I'll tell you what, actually,

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Speaker 3: none of this matters. I frankly don't care if there

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Speaker 3: is any evidence for or against the gang patch band working,

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Speaker 3: and I actually don't make if. I don't care if

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Speaker 3: it actually makes us any safer or not safer. I

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Speaker 3: just like that the gang members have been reminded who's

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Speaker 3: boss and it's not them, And frankly, for the last

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Speaker 3: few years they have been allowed to think that they

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Speaker 3: are the boss and they get to call the shots.

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Speaker 3: And with them taking over roads in Hawks Bay, various

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Speaker 3: other cities across the country, basically taking over the whole

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Speaker 3: town of a pultacky for a tongey and forcing normal

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Speaker 3: law abiding motorists to have to wait on the side

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Speaker 3: of the road and use the road when it suits

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Speaker 3: the gangs to let them use the road while they

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Speaker 3: had something akin to a guard of honor from police.

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Speaker 3: So after all of that shenanigans that was going on,

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Speaker 3: well mates thought that they were in charge of the show.

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Speaker 3: I don't mind if the only thing that comes from

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Speaker 3: this patch ban is a reminder that they do not

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Speaker 3: set the rules in this country. We do. Those of

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Speaker 3: us who pay taxes, do the actual hard work, follow

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Speaker 3: the law and vote for a tough on crime approach.

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Speaker 3: That is enough for me, ever, do for ce Ellen

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Speaker 3: nine two nine two is the text number standard text

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Speaker 3: fees apply. Now, we told you earlier this week about

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Speaker 3: an Australian school which is taking a new approach to

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Speaker 3: limiting kids' screen time use. So what that thought is

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Speaker 3: instead of outright banning cell phones, you know, smartphones and

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Speaker 3: stuff like that, they are offering students from year four

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Speaker 3: to year eight age appropriate smartphones. So they call them

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Speaker 3: wise phones and this teaches the kids slowly how to

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Speaker 3: use them safety. And so we have the print of

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Speaker 3: Pimble Ladies College, doctor Kate Hadwin Hey Kate Hi, Heather,

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Speaker 3: how are you very well?

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Speaker 4: Thank you?

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Speaker 5: Kate.

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Speaker 3: Is this basically you guys responding to the recognition that

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Speaker 3: these smartphones that we have in our lives nowadays are

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Speaker 3: incredibly addictive for kids?

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Speaker 6: Yes, it is. We are trying to reclaim childhood for

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Speaker 6: our young people. That's what we're focused on, right.

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Speaker 3: And so the problem, as far as I can see

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Speaker 3: it is how do you hold the line right. The

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Speaker 3: kids want them, the parents feel pressure. This is a

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Speaker 3: compromise where the group acts together to say you can

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Speaker 3: have this, but you can't have the smartphone.

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Speaker 6: Yeah, that's exactly right. Peers are so important for young people,

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Speaker 6: particularly teenagers, and so if we can do something where

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Speaker 6: everybody's in, then we're much more likely to have a

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Speaker 6: good outcome.

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Speaker 3: So why did you decide to introduce something like a

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Speaker 3: wise phone, or like a partially dumb phone, rather than

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Speaker 3: just saying absolutely no phones until you hit the age

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Speaker 3: of sixteen.

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Speaker 6: I guess, first of all, Heather, it's a little bit

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Speaker 6: like learning to swim. That when we have our children,

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Speaker 6: we don't throw them into the ocean. We teach them

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Speaker 6: slowly and take them with us on the journey. And

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Speaker 6: that's what I believe about the use of technology as well.

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Speaker 6: Technology is a wonderful enabler for so many things, but

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Speaker 6: young people need to be taught. We need to teach

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Speaker 6: them how to use phones wisely. And so that's why

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Speaker 6: we think this is a great approach because we can

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Speaker 6: allow them to do that.

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Speaker 3: And what are they able to have them in class?

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Speaker 3: Are they able to compare ands call them with the

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Speaker 3: phone sitting there?

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Speaker 6: Absolutely not?

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Speaker 2: So when are they allowed to have them?

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Speaker 6: Look, they have them in their lockers. And really part

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Speaker 6: of the challenge, Heather, is when they take them home,

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Speaker 6: because it's so difficult for families. It's so so difficult,

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Speaker 6: and we know that our families are really struggling. And

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Speaker 6: we also know that social media acronyms, all the way

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Speaker 6: that social media is developed is done so that we

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Speaker 6: do have young people become addicted to their devices. And

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Speaker 6: that's a difficult thing to overcome as a parent. So

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Speaker 6: we're trying to work, or we are with our parents

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Speaker 6: in tandem to come up with a solution that works

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Speaker 6: at school but also works at home.

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Speaker 3: Well, what are you worried about happening at home? Oh?

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Speaker 6: Well, young people use their technology and have opportunities to

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Speaker 6: sit there and scroll and scroll, and our parents are

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Speaker 6: saying to us, please help us, please.

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Speaker 3: Help these wise phones don't allow them, do they.

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Speaker 6: No, they don't know, and that's the beauty of it.

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Speaker 6: So they don't actually have they don't have apps on

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Speaker 6: them that allow them to do that. So in year four,

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Speaker 6: for example, they can make calls, send texts, they have

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Speaker 6: a clock, a calendar, maps, that's about it. When they

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Speaker 6: get into year five there's a camera, tap, payment, some

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Speaker 6: school related apps. So they don't actually even have access

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Speaker 6: to a chat group until they reach year seven and

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Speaker 6: howl is that way we can we can do that

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Speaker 6: our twelve Okay, now twelve right.

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Speaker 3: So, Kate, have you read Jonathan hats book The Anxious Generation?

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Speaker 6: Certainly have?

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Speaker 3: Yeah.

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Speaker 4: Yeah.

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Speaker 3: One of the points that he makes in that and

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Speaker 3: look at is post primary point, especially with the girls obviously,

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Speaker 3: is the addictiveness and the boys the addictiveness of the

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Speaker 3: social media and the smartphone. But sub problem is the

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Speaker 3: fact that when they get onto these chat groups and stuff,

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Speaker 3: you can't control the bullying that's happening and coming straight

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Speaker 3: into the bedroom. That's still a problem, isn't it. If

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Speaker 3: these kids can text each other, call each other chat

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Speaker 3: group each other. Even at eleven and twelve, you've still

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Speaker 3: got a potential bullying problem, don't you.

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Speaker 7: Yes, we do.

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Speaker 6: But the incredible thing about the wise phone is that

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Speaker 6: if that occurs, then we can actually remove that particular

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Speaker 6: chat app for a period of time, which is an

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Speaker 6: absolute game changer.

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Speaker 3: Like remotely you can take it off.

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Speaker 6: Well, we would sit with the families and with the

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Speaker 6: children and talk about it, and just like if you're

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Speaker 6: at home and it was in any other circumstance it

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Speaker 6: was a technology related and your child was doing the

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Speaker 6: wrong thing, then they would lose the right to have

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Speaker 6: access to that y for a period of time. So

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Speaker 6: again it's that training them that you know, yes, if

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Speaker 6: you do this, there will be consequences. So that's one

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Speaker 6: of the real beauties of this solution.

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Speaker 8: Yeah.

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Speaker 3: Interesting, Okay, So what happens then at sixteen year ten

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Speaker 3: when they finally get access to everything? Can they have

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Speaker 3: a smartphone?

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Speaker 9: Then?

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Speaker 6: Of course yes, absolutely, and the y phone is a

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Speaker 6: smart phone. It's just that we've managed to control the

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Speaker 6: apps that they have access to, so they can still

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Speaker 6: have that hardware effectively, but it's just that they have

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Speaker 6: access to everything.

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Speaker 3: They can't get around us, cakes us smart. They can't

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Speaker 3: get around this and download stuff you don't know about.

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Speaker 6: Aren't they. I love the way they're smart and they

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Speaker 6: always challenge our thinking. I love that about our young people. No,

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Speaker 6: they can't. Now, what they can do is access social

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Speaker 6: media on their laptops if they choose to. But we're

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Speaker 6: trying to create a point of friction, Heather, right, you know,

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Speaker 6: to make it a little bit more painful, a little

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Speaker 6: bit more annoying, because you know, we know research says

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Speaker 6: that if we can just give young people one to

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Speaker 6: three seconds of thinking time, the responses that they have

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Speaker 6: will be entirely different. So creating a bit more friction

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Speaker 6: for them, we hope will lead to an outcome where

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Speaker 6: they learn, you know, where they learn how to use

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Speaker 6: these things wisely before they have access to them.

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Speaker 3: Kate Listen, thanks very much, really appreciated, doctor Kate Hadwin,

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Speaker 3: who's the principle of Pimball Ladies College Listen news just out.

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Speaker 3: Erica Stanford of the National Party has had to apologize

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Speaker 3: for calling jan Toinetti of the Labor Party a stupid

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Speaker 3: B word. So Jantiniti was asking Stanford, the Minister, questions

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Speaker 3: about the canceled school buses and stuff, and then apparently

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Speaker 3: she used the old B word, and then Duncan Webb

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Speaker 3: got up and told the speaker, and then Erica had

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Speaker 3: to get up and say she was sorry. Jantinetti then

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Speaker 3: left the house and said to the waiting media it

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Speaker 3: was not the first time that this had happened. Apparently

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Speaker 3: Erica Stanford said the same thing to her a few

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Speaker 3: weeks ago and also had used a similar the same

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Speaker 3: insult after she was asking questions from Willow Gen Prime

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Speaker 3: of Labor. So anyway, well, obviously have we called We've

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Speaker 3: called Erica, and we've called Jan. Yes, we're called Erica

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Speaker 3: and Jan And so we're going to see if either

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Speaker 3: of them want to come on the show and tell

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Speaker 3: us it's going on seventeen past four.

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Speaker 1: Who will take the White House results and analysis of

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Speaker 1: the US election? On Heather Dupless Alum Drive with One

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Speaker 1: New Zealand Let's get connected the news Talk said, be

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Speaker 1: Sport with the new tab app downloaded today R eighteen

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Speaker 1: bed responsibly.

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Speaker 3: Darcy water Grave Sports Talk Coasters, it's me hello.

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Speaker 10: Dars download it, have a crack and get involved. What

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Speaker 10: are we going to be putting a quiet ten to

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Speaker 10: fifteen cents on the all black. Only bet what you

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Speaker 10: can afford to lose, right, That's why I said fifteen

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Speaker 10: cents a couple of bucks in their note. Because tomorrow

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Speaker 10: massive Test series starting over in Australia, and that's a

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Speaker 10: five Test series. I believe that's the first time they

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Speaker 10: played a five Test series since nineteen ninety one against

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Speaker 10: the Indians.

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Speaker 11: And it's crazy, isn't it.

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Speaker 10: So all these warm favorites a dollar forty for this

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Speaker 10: first test over in Perth probably won't take much in

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Speaker 10: the way a turn. We will see India three forty five.

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Speaker 10: I think they draw at thirteen's insane. I think there

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Speaker 10: will be a victor here. And of course we ken

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Speaker 10: youre looking at this because part of what has to

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Speaker 10: happen for us to win the World Test Championship is

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Speaker 10: the best for us as Australia to beat India three

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Speaker 10: to two.

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Speaker 3: Oh yes, Australia.

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Speaker 10: Win, but they take points off of India and then

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Speaker 10: we're relying on Sri Lanka and South Africa. But this

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Speaker 10: is the best chance and of course, short of the

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Speaker 10: Perth game, which starts a wee bit later, I think

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Speaker 10: it's three o'clock.

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Speaker 9: It's a great time.

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Speaker 10: Forty fans, everybody, your friends and family. It's all about cricket.

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Speaker 10: And remember, if you are going to have a bit

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Speaker 10: of a flutter R eighteen bet responsibly.

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Speaker 3: So the All Blacks going to name their side to

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Speaker 3: play Italy this weekend and would you think that it

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Speaker 3: would be Damien McKenzie starting again.

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Speaker 10: Well, I think wholesale changes would be great. And New

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Speaker 10: Zealand are not hot favorites. They are scorching favorite. They're

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Speaker 10: the surface of the.

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Speaker 3: Sun favorites to take chances. Ah, I'd like to.

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Speaker 10: See them have a real go.

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Speaker 11: It just put a whole lot of people in there

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Speaker 11: and go, hey, what do you reckon? Better? Fetza, why

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Speaker 11: do you have a crack? Playing at first? Five? Eighth

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Speaker 11: in to the group.

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Speaker 10: Will get a run finally hot expect Are you sure?

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Speaker 10: I don't know a Petter Kuye will get a go.

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Speaker 10: Of course some Penny fen now busted up, So I

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Speaker 10: don't know what the team is going to look like.

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Speaker 10: Do they get Roy Guard to start again? I have

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Speaker 10: another crack? Do they change things completely? They've got the

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Speaker 10: chance because there's such hot favorites to win this game,

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Speaker 10: and I'd like to think that all the super rugby

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Speaker 10: sides just please don't use one of our guys. We

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Speaker 10: don't want them busted up them true, very yeah.

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Speaker 3: I was thinking actually just then, I was thinking it

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Speaker 3: would be quite refreshing to work in a place where

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Speaker 3: when you were in the dog box, you just weren't

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Speaker 3: allowed to do anything. Wouldn't that be quite Because he's

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Speaker 3: in you know you're in trouble. You don't always know

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Speaker 3: you're in trouble, do you do? You know what I mean?

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Speaker 10: Are you referencing your employee particularly?

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Speaker 3: Maybe it was anyway, there's a personal observation.

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Speaker 10: I think that's an interesting term to a dog box.

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Speaker 3: Ethan's in no doubt he's in trouble.

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Speaker 10: He's in a dog bos the dog box.

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Speaker 11: I kind of thought, if.

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Speaker 10: You're a dog, the best place to be would be

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Speaker 10: in a dog box. Yeah, away from everybody with some

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Speaker 10: food on a chain.

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Speaker 3: That's not a good place because they like running around

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Speaker 3: and having a good time.

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Speaker 10: Not a dog person. On me, if I was a dog,

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Speaker 10: I would definitely want to be in the dog box.

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Speaker 10: Looks much more comfortable to being out in a Judd

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Speaker 10: Flavle taking too blacks in new directions as well and

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Speaker 10: he's really looking forward to attack. This is a guy

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Speaker 10: who's a former breaker former tall Black did really well

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Speaker 10: with Canterbury, taking two titles over the last couple of

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Speaker 10: years and they're on the fever Asia Cup qualifies. Are

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Speaker 10: to welve thirty tonight they play the first game on

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Speaker 10: so you can twin screen it watch the All Black

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Speaker 10: team selection which no one and then at the same

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Speaker 10: time you to tell us they're unbeaten so far. Couple

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Speaker 10: more wins? Whould put them up here?

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Speaker 4: Stuff?

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Speaker 3: Does he water Grapes talks well English, you should live on.

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Speaker 10: I think Mike Whitney's going to join us on this show.

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Speaker 10: You've got no idea what I'm talking about? Who theres

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Speaker 10: wins Former Australian fast bowler top bloat mate all I've.

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Speaker 3: Darcy water Grave sports talk host will be back at

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Speaker 3: seven four twenty three.

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Speaker 1: Heather Duplicy Allen cutting through the noise to get the facts.

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Speaker 1: It's Heather Duplicy Allen Drive with One New Zealand. Let's

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Speaker 1: get connected and news talk.

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Speaker 3: As they'd be quite sad. News Sky News is reporting

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Speaker 3: right now and breaking news that one of those teens

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Speaker 3: who drank the ethanol or methanol I think was ethanol

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Speaker 3: in Laos has now died as a nineteen year old

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Speaker 3: from Melbourne, so Marrie Olds will be thus shortly we'll

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Speaker 3: have a chat Tom about that. On Erica Stanford and

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Speaker 3: what she has apologized for saying about Jantiniti. I'm quite

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Speaker 3: keen to see how hard labor go on this and

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Speaker 3: how much of a giant soukie they have about being

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Speaker 3: about Jantiniti being called a stupid B word, because I

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Speaker 3: reckon that they might be in a little bit of

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Speaker 3: trouble on well, not trouble. I just think they were

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Speaker 3: on shaky ground on this one because the other day

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Speaker 3: Ginny was on with Mike, wasn't she as in yesterday

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Speaker 3: and she was saying, look, if you feel really really

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Speaker 3: strongly about out an issue, it's tote's fine if you

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Speaker 3: break the rules. So I'm just wondering if maybe they

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Speaker 3: would be okay with Erica Stanford saying but I feel

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Speaker 3: very strongly that jan is Dune, so I can break

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Speaker 3: the rules and say things like oh no, We'll just

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Speaker 3: see how that goes down for them, because they did

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Speaker 3: do that haka as well, So if it's okay to

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Speaker 3: break that rule, why can't you break another rule? Just

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Speaker 3: saying anyway, we'll let you know how it goes with

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Speaker 3: either of those two coming on the show. We have

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Speaker 3: finally got the Ministry of Health report into the puberty

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Speaker 3: blockers for kids and they it sounds like they've reached

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Speaker 3: basically the same conclusion as the cast report over in

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Speaker 3: the UK, which is that these puberty blockers are not

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Speaker 3: safe or effective for kids, and so it looks like

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Speaker 3: they're going to take a more cautious approach. So they are,

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Speaker 3: and remember we probably do need to take a more

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Speaker 3: cautious approach because we prescribe these things at a hell

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Speaker 3: of a rate of knots for kids in this country,

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Speaker 3: ten times the rate that the UK does, and they

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Speaker 3: were all doing already doing a lot. The Ministry of

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Speaker 3: Health says only gender affirming clinicians should be prescribing these things.

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Speaker 3: I'll find out what that is when we talk to them.

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Speaker 3: But also how far are we going to go because

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Speaker 3: in the UK they now have basely an outright ban

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Speaker 3: on routine use, which we haven't gone down the path of.

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Speaker 3: So anyway that they'll be with us Ministry of Health

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Speaker 3: after five o'clock News Talk, Zi big the.

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Speaker 2: Hard questions. That's a strong opinion.

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Speaker 1: Heather due for see Alan Drive with One New Zealand

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Speaker 1: Let's get Connected and news talk.

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Speaker 12: ZIBB met me, Murray old us very shortly and Barry

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Speaker 12: soapers with us in ten minutes time.

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Speaker 3: Jansonette's and Chancy Yup love to come on the show,

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Speaker 3: love to talk about it, love to come on and

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Speaker 3: talk about breaking those rules in parliament. So she's going

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Speaker 3: to be with us quarter past five and yeah, we're

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Speaker 3: going to talk about it. Yeah, I'm looking forward to it,

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Speaker 3: are you. I'm quite looking forward to how this is

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Speaker 3: going to go. Anyhow, I meant to tell you so

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Speaker 3: I said at the very start of the program that

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Speaker 3: there have been at least two arrests under the gang

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Speaker 3: patch ban. This is what's happened. So we already know

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Speaker 3: that three minutes after midnight, it would appear that in

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Speaker 3: Hastings the monkeys decided stuff the cops, let's go out,

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Speaker 3: and so they went out and they had their mungol

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Speaker 3: mob and singing there displayed on the car dashboard and

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Speaker 3: that's where they got taken off them. So major regrets there.

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Speaker 3: But I'm not entirely sure whether anybody got arrested at

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Speaker 3: that stage, but we do know that there were two

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Speaker 3: other arrests. So just before eleven o'clock this morning, the

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Speaker 3: coppers and Wired or Are found a gang member trying

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Speaker 3: to wear his patch into the supermarket. So he's been arrested.

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Speaker 3: He's now going to face enforcement action. And around about

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Speaker 3: the same time, also around about eleven this morning in Papakuda,

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Speaker 3: the coppers saw a patch gang member mongrel mob just

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Speaker 3: standing there were in the patch. He's also been arrested

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Speaker 3: and we'll face enforcement action. So if the gang members

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Speaker 3: were laboring under the illusion that this was not going

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Speaker 3: to be enforced, they have had that kind of They've

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Speaker 3: been dissuaded of that notion pretty quickly, haven't they. So

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Speaker 3: that's quite good, Heather on your spot on Regang's got

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Speaker 3: at one hundred percent regarding the song don crime bs.

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Speaker 3: Most New Zealanders, I reckon, will applaud this patch ban

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Speaker 3: approaches one tool to start some pushback on these dangerous thugs.

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Speaker 3: I think that's about right. Twenty three away from five.

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Speaker 2: It's the world wires on newstalks, they'd be drive.

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Speaker 3: So Ukraine has reportedly fired British storm Shadow long range

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Speaker 3: missiles into Russia. The Ukrainian government hasn't confirmed this, but

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Speaker 3: the Defense Minister says Ukraine is using all means that

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Speaker 3: it's disposable to defend itself a disposal rather, and here's

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Speaker 3: the UK Defense Secretary.

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Speaker 13: Ukraine's action on the battlefield speaks for itself. We as

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Speaker 13: a nation and as a government are doubling down on

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Speaker 13: our support for Ukraine and determined to do more.

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Speaker 3: Liam Payne has been laid to rest in England. All

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Speaker 3: of his former One Direction bandmates were in attendance at

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Speaker 3: the funeral, as was Simon Cowell, and it was a

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Speaker 3: private funeral, but some One Direction fans did gather nearby

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Speaker 3: to pay their respects.

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Speaker 14: Just about paying respect, isn't it really showing that he

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Speaker 14: did have people that really cared, even people that worked

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Speaker 14: close to him. He's really sad, honey. I grew up

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Speaker 14: watching him on Telly, going to his concerts with my

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Speaker 14: little sister.

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Speaker 3: And finally, finally we've got an update on the mass

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Speaker 3: monkey breakout in South Carolina. It has now been two

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Speaker 3: weeks since those forty three lady monkeys broke out of

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Speaker 3: the research facility, and while thirty nine have been caught

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Speaker 3: four of them are still running around. It's running around

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Speaker 3: in the woods and on top of the South Carolina

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Speaker 3: coppers have now put out a warning the two EMUs

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Speaker 3: are also on the loose elsewhere in the state.

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Speaker 1: International correspondence with Ends and Eye Insurance Peace of Mind

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Speaker 1: for New Zealand Business Murray.

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Speaker 3: Old Ozzie correspondents to US. Hey muzz Mazz sad news,

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Speaker 3: so that Melbourne teen has now died.

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Speaker 15: That's what the reports are saying here now this afternoon,

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Speaker 15: there were two best friends from Melbourne, first year out

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Speaker 15: of school UNI students and having a break in Lao

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Speaker 15: and you know they were out drinking as young people do.

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Speaker 15: You did it, I did it, and swags of other

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Speaker 15: people have done it. And sadly, both of these young

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Speaker 15: women were stricken with what looks to be methanol poisoning.

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Speaker 15: Not the only ones, because we understand that three people

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Speaker 15: have died too, young women from Scandinavia, a girl from

440
00:20:08,840 --> 00:20:12,000
Speaker 15: the United States, and now this afternoon we understand that

441
00:20:12,119 --> 00:20:13,560
Speaker 15: Biancha Jones has died.

442
00:20:13,680 --> 00:20:14,360
Speaker 4: She's nineteen.

443
00:20:14,960 --> 00:20:18,399
Speaker 15: Her friend Holly Bowles is still alive. We understand another

444
00:20:18,480 --> 00:20:22,080
Speaker 15: nineteen year old. They became ill and loud and were

445
00:20:22,200 --> 00:20:26,000
Speaker 15: flown down to a hospital in Bangkok. Of course mum

446
00:20:26,040 --> 00:20:29,160
Speaker 15: and dad family members jumped the first plane they could

447
00:20:29,359 --> 00:20:32,240
Speaker 15: up there to be by their daughter's bedsides. And sadly,

448
00:20:32,440 --> 00:20:34,359
Speaker 15: the news appears to be very grimin d for the

449
00:20:34,480 --> 00:20:38,160
Speaker 15: Jones family, with young Bianca Jones reportedly dead in hospital

450
00:20:38,240 --> 00:20:38,800
Speaker 15: and Thailand.

451
00:20:39,680 --> 00:20:42,440
Speaker 3: Moss, do we know why these drinks being spiked like this?

452
00:20:43,440 --> 00:20:45,159
Speaker 4: Well, the the.

453
00:20:46,720 --> 00:20:50,080
Speaker 15: Inference, according to the reports I've seen here on Australian

454
00:20:50,400 --> 00:20:55,800
Speaker 15: television and in Australian media, is that they dilute.

455
00:20:55,440 --> 00:20:57,240
Speaker 4: The drinks with methanol to make them go further.

456
00:20:58,240 --> 00:21:00,600
Speaker 15: If you've got a brandy, ok just pulled it a

457
00:21:00,640 --> 00:21:03,879
Speaker 15: couple of you know, egg cups full of methanol and

458
00:21:03,920 --> 00:21:06,000
Speaker 15: the brandy bottle and make you know, they may get

459
00:21:06,000 --> 00:21:07,639
Speaker 15: a few more nips out of the bottle.

460
00:21:07,840 --> 00:21:11,000
Speaker 3: Okay, So it's a cost saving thing. That's terrible as listen, Okay,

461
00:21:11,040 --> 00:21:13,520
Speaker 3: what's going on with this car seat on fire in Sydney.

462
00:21:13,600 --> 00:21:18,400
Speaker 15: Oh, dreadful, This is just absolutely dreadful. Look Sydney's Eastern suburbs.

463
00:21:18,440 --> 00:21:21,880
Speaker 15: Everyone knows it's the home to the Sydney's Jewish community.

464
00:21:22,119 --> 00:21:25,000
Speaker 15: More Jewish people live in the eastern suburbs of Sydney

465
00:21:25,040 --> 00:21:26,960
Speaker 15: than anywhere else in this city. The only place with

466
00:21:27,040 --> 00:21:35,160
Speaker 15: the higher concentration is down in Melbourne. Pardon me, excuse me. Now,

467
00:21:35,240 --> 00:21:38,840
Speaker 15: overnight one car was set on fire and about a

468
00:21:38,960 --> 00:21:43,440
Speaker 15: dozen vehicles were spray painted with the words f Israel

469
00:21:44,520 --> 00:21:47,120
Speaker 15: all these cars. There was an entrance to an apartment

470
00:21:47,200 --> 00:21:50,560
Speaker 15: block as well with this graffiti over three or four streets.

471
00:21:50,600 --> 00:21:54,840
Speaker 15: The cars were attacked and now the police say, well,

472
00:21:54,840 --> 00:21:57,760
Speaker 15: there were two people caught on CCTV heather, both wearing

473
00:21:57,880 --> 00:22:00,600
Speaker 15: dark clothing, hoodies, face masked in the line a lease,

474
00:22:00,680 --> 00:22:03,600
Speaker 15: so more than one hundred thousand dollars damage and the

475
00:22:03,680 --> 00:22:08,600
Speaker 15: Prime Minister, Anthony Albernezi was asked his response, well, it's

476
00:22:08,760 --> 00:22:12,480
Speaker 15: absolutely disturbing and very deeply troubling that this can happen

477
00:22:12,880 --> 00:22:16,480
Speaker 15: in a place like Sydney. Really, is this what we're

478
00:22:16,560 --> 00:22:17,000
Speaker 15: reduced to?

479
00:22:17,320 --> 00:22:20,040
Speaker 3: So do we I mean, do we know are the

480
00:22:20,160 --> 00:22:22,320
Speaker 3: cars that have been targeted supposed to be owned by

481
00:22:22,400 --> 00:22:24,320
Speaker 3: Jewish people or is it just because hey, there are

482
00:22:24,359 --> 00:22:26,200
Speaker 3: a bunch of Jewish people living in the area. Let's

483
00:22:26,240 --> 00:22:27,399
Speaker 3: just have a crack at anybody's car.

484
00:22:27,760 --> 00:22:29,720
Speaker 15: I think it's the latter, And you know this is

485
00:22:29,760 --> 00:22:31,960
Speaker 15: a nice looking car. Better Jewish guy owns it. That's

486
00:22:31,960 --> 00:22:33,840
Speaker 15: set it on fire. I mean, this is the sort

487
00:22:33,840 --> 00:22:36,600
Speaker 15: of intellectual capacity of the morons who are doing this.

488
00:22:36,920 --> 00:22:39,600
Speaker 15: I reckon their IQs about room temperature just dreadful.

489
00:22:39,800 --> 00:22:41,760
Speaker 3: Really is quite bad. Hey have you seen that footage?

490
00:22:41,760 --> 00:22:43,439
Speaker 3: You know we're talking about that Bunning stuff the other

491
00:22:43,520 --> 00:22:45,520
Speaker 3: day with the privacy of that CCTV. Have you seen

492
00:22:45,560 --> 00:22:47,720
Speaker 3: the footage of what people are getting up to in Bunnings.

493
00:22:48,080 --> 00:22:51,240
Speaker 15: Absolutely, and Bunnings now released a whole lot more.

494
00:22:51,680 --> 00:22:52,520
Speaker 4: I mean, here's the thing.

495
00:22:52,640 --> 00:22:54,520
Speaker 15: Okay. They were wrapped out of the knuckles for using

496
00:22:54,600 --> 00:22:58,640
Speaker 15: facial recognition technology without telling anyone, and Bunnings have said listen,

497
00:22:58,720 --> 00:23:01,840
Speaker 15: it was done as a safety measure to better protect

498
00:23:01,880 --> 00:23:03,840
Speaker 15: our staff and better protect people who are coming into

499
00:23:03,840 --> 00:23:07,000
Speaker 15: our stores and spending money. Well, you know, the orwelly

500
00:23:07,080 --> 00:23:11,280
Speaker 15: and sounding Australian Information Commissioner found that Bunnings breached privacy

501
00:23:11,359 --> 00:23:13,360
Speaker 15: laws and bunningses have a look at this stuff. There's

502
00:23:13,400 --> 00:23:15,520
Speaker 15: a guy wandering around and Bunnings with a face mask

503
00:23:15,600 --> 00:23:18,640
Speaker 15: and a shotgun. There are other people holding bloody grete

504
00:23:18,680 --> 00:23:22,840
Speaker 15: knives up to the throats of Bunning staff members, bunning

505
00:23:22,880 --> 00:23:25,159
Speaker 15: staff members get skittled by people and running out of

506
00:23:25,200 --> 00:23:26,240
Speaker 15: the store shop lifting.

507
00:23:26,840 --> 00:23:27,680
Speaker 4: I mean, what is that?

508
00:23:27,800 --> 00:23:31,960
Speaker 15: What the Privacy commissioner you know, Oh, it doesn't matter.

509
00:23:32,400 --> 00:23:34,159
Speaker 4: I mean Bunnings has Hang on a second. This is

510
00:23:34,200 --> 00:23:35,639
Speaker 4: what we're confronted with on.

511
00:23:35,640 --> 00:23:39,240
Speaker 15: A daily basis, And the Retailer's Association of Australia says, listen,

512
00:23:39,400 --> 00:23:42,240
Speaker 15: Privacy Commissioner bugger Off, Bunnings was doing this as a

513
00:23:42,280 --> 00:23:45,000
Speaker 15: safety measure for everybody who comes into that shop, staff

514
00:23:45,160 --> 00:23:45,960
Speaker 15: and customers.

515
00:23:46,160 --> 00:23:47,879
Speaker 11: Are you really going to, you know, wrap them over

516
00:23:47,920 --> 00:23:48,560
Speaker 11: the knuckles for that?

517
00:23:48,880 --> 00:23:50,320
Speaker 4: It is absolutely disgraceful.

518
00:23:50,320 --> 00:23:52,760
Speaker 15: I mean, is it going to be Is it going

519
00:23:52,840 --> 00:23:55,720
Speaker 15: to be okay to use facial magnition technology when someone

520
00:23:55,800 --> 00:23:56,440
Speaker 15: stabbed to death?

521
00:23:56,760 --> 00:23:57,600
Speaker 11: Is that what they're waiting for?

522
00:23:58,359 --> 00:23:59,639
Speaker 3: I agree with you must. I think we've got the

523
00:23:59,640 --> 00:24:01,679
Speaker 3: whole thing complete. We're worried about the wrong thing here.

524
00:24:01,680 --> 00:24:03,959
Speaker 3: I really appreciate your time. It's Murray y Ault's our

525
00:24:04,000 --> 00:24:07,479
Speaker 3: Australia correspondent. I need to get you across what garnish

526
00:24:07,560 --> 00:24:09,400
Speaker 3: Nana and a whole bunch of economists. In fact, we'll

527
00:24:09,400 --> 00:24:11,280
Speaker 3: do that very shortly. They've written an open letter to

528
00:24:11,320 --> 00:24:13,080
Speaker 3: the government. They want the government to keep on spending.

529
00:24:13,359 --> 00:24:15,600
Speaker 3: They want that the old fire hose turn. They don't

530
00:24:15,640 --> 00:24:17,640
Speaker 3: like cutting spending. So I'll get you across it because

531
00:24:17,640 --> 00:24:19,000
Speaker 3: you're going to want to hear their argument. Then we

532
00:24:19,080 --> 00:24:21,240
Speaker 3: are going to talk to Garnish after five Barry, soaper

533
00:24:21,280 --> 00:24:23,199
Speaker 3: is next. It's sixteen away from five right now.

534
00:24:23,520 --> 00:24:27,360
Speaker 1: The politics with centric credit, check your customers and get payments, certainty.

535
00:24:27,560 --> 00:24:29,240
Speaker 3: Barri Soper, Senior political correspondent.

536
00:24:29,280 --> 00:24:31,080
Speaker 11: I Barry, Good afternoon, Heather Barry.

537
00:24:31,119 --> 00:24:32,720
Speaker 3: Did you hear Eric has said in the House.

538
00:24:32,840 --> 00:24:35,760
Speaker 11: No, I didn't. I had a look at it and

539
00:24:35,840 --> 00:24:40,199
Speaker 11: I was watching it. It was basically Web got up

540
00:24:40,280 --> 00:24:44,200
Speaker 11: and knarked on her. Certainly, wasn't jan Toinetti that made

541
00:24:44,280 --> 00:24:47,080
Speaker 11: the complaint? Yeah, and Barbara Kruger was sitting in the

542
00:24:47,119 --> 00:24:53,080
Speaker 11: seat today rather than Jerry Brownly Erica Stamford withdrew and apologized,

543
00:24:53,480 --> 00:24:57,160
Speaker 11: so I think she probably did well. That's yeah, female dog.

544
00:24:57,240 --> 00:24:59,560
Speaker 11: But I think, you know, having watched the debate between

545
00:24:59,600 --> 00:25:04,400
Speaker 11: those two this afternoon, I think Jantinetti was the loser

546
00:25:04,840 --> 00:25:07,639
Speaker 11: because Erica Stamford had it all over her when they

547
00:25:07,680 --> 00:25:10,160
Speaker 11: were talking about bus routes being canceled.

548
00:25:10,440 --> 00:25:13,120
Speaker 3: Okay, hey, Ginny Anderson, what she done?

549
00:25:13,520 --> 00:25:16,080
Speaker 11: Well, you know you'd have to ask, was Jinny Anderson

550
00:25:16,160 --> 00:25:17,000
Speaker 11: born yesterday?

551
00:25:18,960 --> 00:25:19,000
Speaker 4: Was?

552
00:25:19,600 --> 00:25:23,080
Speaker 11: She obviously doesn't know her recent history when it comes.

553
00:25:23,040 --> 00:25:24,800
Speaker 3: You're talking about what she said yesterday.

554
00:25:25,080 --> 00:25:27,760
Speaker 11: I will also on a panel with Mark Mitchell on

555
00:25:27,800 --> 00:25:31,680
Speaker 11: the Hosking Show. She was scathing at Chris Luxen for

556
00:25:31,880 --> 00:25:35,119
Speaker 11: allowing the Treaty Principal's Bill to go to a select committee.

557
00:25:35,400 --> 00:25:39,440
Speaker 16: Ever, listen to her, he is absolutely disrespecting our parliamentary

558
00:25:39,520 --> 00:25:42,480
Speaker 16: process by putting a built to select committee that he

559
00:25:42,600 --> 00:25:45,840
Speaker 16: has no intention of voting for at the second reading.

560
00:25:46,119 --> 00:25:49,520
Speaker 16: He's wasting our time, he's wasting taxpayers money, and he's

561
00:25:49,600 --> 00:25:52,280
Speaker 16: making an absolute joke of the system. And that sort

562
00:25:52,320 --> 00:25:56,000
Speaker 16: of behavior. That sort of behavior elicits huckers in the

563
00:25:56,080 --> 00:25:59,040
Speaker 16: House and elicits fifty five thousand people coming to the

564
00:25:59,080 --> 00:25:59,920
Speaker 16: front steps of Harlem.

565
00:26:00,800 --> 00:26:04,840
Speaker 3: I'm sorry, oh, plase distrospecting Parliament.

566
00:26:05,000 --> 00:26:08,840
Speaker 11: They did exactly the same thing did Labor in two

567
00:26:08,920 --> 00:26:12,560
Speaker 11: thousand and five when they were in coalition with the

568
00:26:12,640 --> 00:26:16,440
Speaker 11: New Zealand First Party. They supported the it was called

569
00:26:16,520 --> 00:26:20,280
Speaker 11: the Principles of Treaty of Waitangi Deletion Bellon that was

570
00:26:20,359 --> 00:26:24,359
Speaker 11: taking references to the treaty out of legislation. Now, that

571
00:26:24,520 --> 00:26:28,000
Speaker 11: was the second time it was before parliament, the chosure

572
00:26:28,000 --> 00:26:30,480
Speaker 11: of the hypocrisy and all of this. The first time

573
00:26:30,520 --> 00:26:34,679
Speaker 11: it came before parliament, Labor voted it down, said it's dreadful.

574
00:26:34,720 --> 00:26:37,479
Speaker 11: The second time it came before parliament, of course, they

575
00:26:37,520 --> 00:26:40,560
Speaker 11: were in coalition with New Zealand first, so they changed

576
00:26:40,640 --> 00:26:42,800
Speaker 11: their tune. And I went back and I had a

577
00:26:42,840 --> 00:26:48,560
Speaker 11: look at the handsides of Nanayamahuta, who of course was

578
00:26:48,720 --> 00:26:50,960
Speaker 11: very prominent on the front bench of the Labor Party

579
00:26:50,960 --> 00:26:54,000
Speaker 11: at the time. She said that sometimes we do things

580
00:26:54,040 --> 00:26:56,240
Speaker 11: that we do not like, but we need to do

581
00:26:56,440 --> 00:26:59,720
Speaker 11: them so that we can truly appreciate what we had.

582
00:27:00,080 --> 00:27:02,480
Speaker 11: She said she had given a speech at the time

583
00:27:02,600 --> 00:27:05,639
Speaker 11: and said that the Labour lead government wasn't prepared to

584
00:27:05,720 --> 00:27:08,560
Speaker 11: send a signal to Maori, but she said the current

585
00:27:08,640 --> 00:27:12,440
Speaker 11: government formation means that we've got an agreement and part

586
00:27:12,480 --> 00:27:17,399
Speaker 11: of that requires them supporting this bill. This was Winston

587
00:27:17,480 --> 00:27:20,960
Speaker 11: Peters Bill taken up by Doug Wollerton to go to

588
00:27:21,119 --> 00:27:25,880
Speaker 11: a select committee, but no further. She said they welcomed

589
00:27:25,960 --> 00:27:29,480
Speaker 11: debate on the issue. Debate should be welcomed and that's

590
00:27:29,520 --> 00:27:31,920
Speaker 11: why they were allowing it to have a full term

591
00:27:32,600 --> 00:27:33,879
Speaker 11: before a parliamentary So.

592
00:27:34,000 --> 00:27:37,120
Speaker 3: Let me get this right. So Labor in two thousand

593
00:27:37,200 --> 00:27:39,760
Speaker 3: and five, it was two thousand and five. Labor in

594
00:27:39,800 --> 00:27:42,840
Speaker 3: two thousand and five agreed with the minor coalition partner

595
00:27:43,280 --> 00:27:46,679
Speaker 3: to take a treaty Principal's bill only to Select Committee

596
00:27:46,720 --> 00:27:47,200
Speaker 3: and no further.

597
00:27:47,440 --> 00:27:47,840
Speaker 11: That's right.

598
00:27:48,240 --> 00:27:51,560
Speaker 3: But when National agrees with its minor coalition partner Act

599
00:27:51,720 --> 00:27:55,359
Speaker 3: in two thousand and twenty three to take a treaty

600
00:27:55,440 --> 00:27:59,560
Speaker 3: principal's Bill to Select Committee, it's disrespecting parliament because it

601
00:27:59,680 --> 00:28:00,560
Speaker 3: is okay.

602
00:28:01,160 --> 00:28:03,480
Speaker 11: I think Journey should just look through the recent history

603
00:28:03,520 --> 00:28:04,600
Speaker 11: of the Labor Party.

604
00:28:04,760 --> 00:28:07,280
Speaker 3: Okay, cool, Hey, we've got our first non binary and

605
00:28:07,359 --> 00:28:10,000
Speaker 3: Pea Giving has made it their maiden speech tonight.

606
00:28:10,040 --> 00:28:12,520
Speaker 11: And when is that their maiden speech to Malia that

607
00:28:12,560 --> 00:28:14,960
Speaker 11: you've got to get it right here, it's in about

608
00:28:15,000 --> 00:28:19,280
Speaker 11: an hour's time. Benjamin Doyle, he of course took over

609
00:28:19,359 --> 00:28:22,919
Speaker 11: the list seat from Darling Tana. He's a thirty two

610
00:28:23,040 --> 00:28:27,960
Speaker 11: year old. He lists himself of Mapui, Scottish and Irish descent.

611
00:28:28,520 --> 00:28:34,399
Speaker 11: He uses the pronouns they then an hear that's the

612
00:28:34,480 --> 00:28:38,160
Speaker 11: maldi pronoun I think, he said part of his speech,

613
00:28:38,320 --> 00:28:43,360
Speaker 11: let it be known in this house that trans lives

614
00:28:43,680 --> 00:28:48,360
Speaker 11: are tanga. He said, it's a day to reflect on

615
00:28:48,480 --> 00:28:51,280
Speaker 11: the tireless work of our trans leaders and elders, the

616
00:28:51,600 --> 00:28:54,560
Speaker 11: icons who have fought and who have organized and existed

617
00:28:54,640 --> 00:28:59,000
Speaker 11: in the face of enormous, vitriolic hate. I hate, he said,

618
00:28:59,040 --> 00:29:04,560
Speaker 11: I might add that was imported by air tror colonialism.

619
00:29:05,200 --> 00:29:09,680
Speaker 11: So all that's the problem. And he said that Look,

620
00:29:09,720 --> 00:29:13,400
Speaker 11: he's proud to be queer, binary or non binary. He said,

621
00:29:13,440 --> 00:29:17,120
Speaker 11: it means that his agenda, agenda is expensive and fluid,

622
00:29:17,600 --> 00:29:21,800
Speaker 11: are not the suffocating binary. And he said, if you

623
00:29:21,920 --> 00:29:26,720
Speaker 11: confuse his dress with what goes on, he said, be

624
00:29:26,920 --> 00:29:31,360
Speaker 11: more threatened by the contents of his mind than his wardrobe.

625
00:29:31,440 --> 00:29:33,920
Speaker 11: And today, no doubt he'll be turning up in a

626
00:29:33,960 --> 00:29:36,120
Speaker 11: pretty flashy outfit, as he has done on the past.

627
00:29:37,120 --> 00:29:39,760
Speaker 3: Barry, thank you, I appreciate it very much. Is Barry Sopau,

628
00:29:39,840 --> 00:29:42,720
Speaker 3: Senior political correspondent, Right now nine away from.

629
00:29:42,640 --> 00:29:47,520
Speaker 12: Five big names on the cosy Breakfast, Jamie Olivers back

630
00:29:47,600 --> 00:29:48,840
Speaker 12: with us the naked chef.

631
00:29:49,000 --> 00:29:51,480
Speaker 11: What was your expectation do you remember in nineteen ninety

632
00:29:51,480 --> 00:29:52,320
Speaker 11: I mean, what did you want?

633
00:29:52,480 --> 00:29:52,800
Speaker 4: Nothing?

634
00:29:52,880 --> 00:29:55,840
Speaker 5: I was so grateful to be young in London when

635
00:29:55,880 --> 00:29:57,040
Speaker 5: the naked chef happened.

636
00:29:57,160 --> 00:29:58,080
Speaker 1: It was never planned.

637
00:29:58,120 --> 00:29:59,920
Speaker 5: I was never even supposed to be there that day.

638
00:30:00,040 --> 00:30:01,760
Speaker 5: I was in the background of a documentary and I

639
00:30:01,880 --> 00:30:03,840
Speaker 5: wasn't even on the road to that day. Someone called

640
00:30:03,880 --> 00:30:04,200
Speaker 5: in sick.

641
00:30:04,280 --> 00:30:04,880
Speaker 2: I got lucky.

642
00:30:04,960 --> 00:30:06,880
Speaker 5: I was very confident in cooking. I've been cooking since

643
00:30:06,920 --> 00:30:09,440
Speaker 5: an early age. I knew nothing about production or TV,

644
00:30:09,600 --> 00:30:11,680
Speaker 5: but I was very very clear that if I was

645
00:30:11,720 --> 00:30:12,920
Speaker 5: going to do it, I wanted to do it on

646
00:30:13,040 --> 00:30:15,480
Speaker 5: my terms. And I don't know, somehow it tuned into

647
00:30:15,560 --> 00:30:18,120
Speaker 5: a little moment, a little flavor, and it went massive

648
00:30:18,160 --> 00:30:18,760
Speaker 5: around the world.

649
00:30:19,120 --> 00:30:21,840
Speaker 15: Back tomorrow at six am, the Mike asking Breakfast with

650
00:30:21,920 --> 00:30:23,480
Speaker 15: the Raindrobe of the LAMB News.

651
00:30:23,360 --> 00:30:27,800
Speaker 3: Talk ZB Okay, So this is the moment when Erica

652
00:30:27,920 --> 00:30:30,240
Speaker 3: got pulled up for using the B word on jan.

653
00:30:30,760 --> 00:30:35,520
Speaker 17: I'm informed that Honorable Erica Stanford, when she assumed her seat,

654
00:30:36,040 --> 00:30:40,960
Speaker 17: made a quite unparliamentary remark about the member questioning her,

655
00:30:42,120 --> 00:30:44,960
Speaker 17: and it's probably appropriate for her to withdraw that comment

656
00:30:45,040 --> 00:30:45,880
Speaker 17: and apologize.

657
00:30:46,440 --> 00:30:49,000
Speaker 18: Well, I didn't hear the comment, so did the member

658
00:30:49,160 --> 00:30:50,120
Speaker 18: actually make it?

659
00:30:50,240 --> 00:30:51,560
Speaker 2: I withdraw and apologize.

660
00:30:51,560 --> 00:30:52,160
Speaker 14: I think.

661
00:30:53,800 --> 00:30:55,960
Speaker 3: Erica has put out a statement. Erica says I made

662
00:30:56,000 --> 00:31:00,440
Speaker 3: a private comment to a colleague following a robust exchange

663
00:31:00,440 --> 00:31:03,000
Speaker 3: in the House during question time, when given the opportunity

664
00:31:03,080 --> 00:31:08,000
Speaker 3: by the speaker, given the opportunity like given, Oh hey, Erica,

665
00:31:08,280 --> 00:31:11,200
Speaker 3: do you want an opportunity? Yes? Please given the more

666
00:31:11,320 --> 00:31:15,120
Speaker 3: like mate, given the opportunity by the speaker, I withdrew

667
00:31:15,200 --> 00:31:18,640
Speaker 3: and apologized for the comment. Furthermore, I have subsequently apologized

668
00:31:18,760 --> 00:31:23,000
Speaker 3: directly to the member, the member being jan Jantee Jantinetti,

669
00:31:23,280 --> 00:31:25,360
Speaker 3: who will be with us in twenty minutes time. Now,

670
00:31:25,800 --> 00:31:27,800
Speaker 3: as I was telling you, you got another open letter

671
00:31:27,840 --> 00:31:30,720
Speaker 3: to the government, because Jesus the season for open letters

672
00:31:30,720 --> 00:31:32,360
Speaker 3: at the moment, and everybody wants us to know how

673
00:31:32,400 --> 00:31:35,280
Speaker 3: grumpy they feel at the government. So now the open

674
00:31:35,360 --> 00:31:38,000
Speaker 3: letter to the government, this time from fifteen economists. They've

675
00:31:38,000 --> 00:31:40,360
Speaker 3: written directly to Chris Luxen, what's through an open letter

676
00:31:40,920 --> 00:31:43,800
Speaker 3: asking him to please, can you stop spending? Can you

677
00:31:43,880 --> 00:31:46,200
Speaker 3: stop cutting the government spending? Can you stop trying to

678
00:31:46,200 --> 00:31:46,720
Speaker 3: save money?

679
00:31:47,440 --> 00:31:47,600
Speaker 9: Now?

680
00:31:47,680 --> 00:31:49,360
Speaker 3: What you need to know about this, because this is

681
00:31:49,520 --> 00:31:53,760
Speaker 3: important context, is that quite a few of these economists

682
00:31:53,800 --> 00:31:57,720
Speaker 3: are in fact Labor Party people. There's gunsh Nana Labor

683
00:31:57,760 --> 00:31:59,880
Speaker 3: Party guy through and through son used to work for

684
00:32:00,200 --> 00:32:02,760
Speaker 3: Labour Party. Labor Party appointments to this and that and

685
00:32:02,800 --> 00:32:07,120
Speaker 3: the other thing are union economist Craig Rennie. I don't

686
00:32:07,120 --> 00:32:08,760
Speaker 3: need to expell out how the unions are connected to

687
00:32:08,800 --> 00:32:12,400
Speaker 3: the Labour Party, do I? And former union economist Bill Rosenberg,

688
00:32:12,720 --> 00:32:17,240
Speaker 3: and they start like this ten epidimere read your government's

689
00:32:17,280 --> 00:32:21,600
Speaker 3: fiscal policy. We're right to express our heightening concern at

690
00:32:21,640 --> 00:32:24,840
Speaker 3: your government's approach to fiscal policy and our alarm at

691
00:32:24,880 --> 00:32:27,520
Speaker 3: the consequences for the people and communities of New Zealand.

692
00:32:28,080 --> 00:32:30,920
Speaker 3: Current and projected reductions in government spending appear to be

693
00:32:31,040 --> 00:32:33,600
Speaker 3: central to the government's fiscal policy, as in what they're

694
00:32:33,640 --> 00:32:35,600
Speaker 3: saying is it seems like you're really trying to save

695
00:32:35,640 --> 00:32:38,320
Speaker 3: a lot of money here. The economic rationale for this

696
00:32:38,400 --> 00:32:40,480
Speaker 3: approach is unclear. We don't know why you're trying to

697
00:32:40,520 --> 00:32:43,760
Speaker 3: save money, is what they're saying. Your government's cancelation of

698
00:32:43,840 --> 00:32:46,320
Speaker 3: key infrastructure projects and sinking lid cuts to the public

699
00:32:46,400 --> 00:32:49,440
Speaker 3: service of powerful contributions to the current severe and prolonged recession.

700
00:32:49,760 --> 00:32:52,440
Speaker 3: We are having a recession and the Kensyan approach would

701
00:32:52,440 --> 00:32:53,920
Speaker 3: be that you keep on spending lots of money to

702
00:32:53,960 --> 00:32:55,600
Speaker 3: get us through it, and it's not help, but you're

703
00:32:55,640 --> 00:32:59,280
Speaker 3: making it worse. This is substantially worsening the contractionary effects

704
00:32:59,320 --> 00:33:02,000
Speaker 3: of the economy of the reserve banks on the economy

705
00:33:02,040 --> 00:33:03,800
Speaker 3: of the reserve banks used for the official cash rate

706
00:33:03,840 --> 00:33:06,880
Speaker 3: to contain inflation. The Reserve Bank's already doing a lot

707
00:33:06,960 --> 00:33:09,600
Speaker 3: to try to keep inflation down. Why are you trying

708
00:33:09,600 --> 00:33:11,760
Speaker 3: to help the reserve bank keep inflation down? That's what

709
00:33:11,800 --> 00:33:16,440
Speaker 3: they've written. So anyway, no maheinui from them. We're going

710
00:33:16,520 --> 00:33:18,000
Speaker 3: to talk to them about it. We're going to talk

711
00:33:18,000 --> 00:33:19,840
Speaker 3: to Garanash. He's going to be a thus ten past five,

712
00:33:19,880 --> 00:33:22,120
Speaker 3: but straight off the five Ministry of Health on the

713
00:33:22,240 --> 00:33:26,560
Speaker 3: gender the puberty blockers for the kiddies new research mistrig Zbank.

714
00:33:27,960 --> 00:33:34,480
Speaker 1: Lost the only Drive show you can trust to ask

715
00:33:34,560 --> 00:33:37,920
Speaker 1: the questions, get the answers by the facts and give

716
00:33:38,040 --> 00:33:42,200
Speaker 1: the analysis together due to Clan Drive with one New Zealand.

717
00:33:42,440 --> 00:33:44,680
Speaker 2: Let's get connected and you talk as they'd be.

718
00:33:46,360 --> 00:33:49,160
Speaker 3: Good afternoon. The Ministry of Health has finally released its

719
00:33:49,240 --> 00:33:52,120
Speaker 3: research on puberty blockers for kids. The review reckons there

720
00:33:52,200 --> 00:33:54,200
Speaker 3: is a lack of evidence to show that these things

721
00:33:54,240 --> 00:33:58,080
Speaker 3: are effective or safe for young people. Diana Sapati is

722
00:33:58,120 --> 00:34:01,440
Speaker 3: the Director general of howp Hey Diana, Hi Heather, So,

723
00:34:01,560 --> 00:34:03,719
Speaker 3: have you guys basically come to the same conclusion as

724
00:34:03,760 --> 00:34:05,520
Speaker 3: the Cash report in the UK that found there's not

725
00:34:05,720 --> 00:34:08,040
Speaker 3: enough evidence that these things are safe or clinically effected

726
00:34:08,080 --> 00:34:08,439
Speaker 3: for kids.

727
00:34:09,640 --> 00:34:12,880
Speaker 7: We've come to a very similar conclusion that the evidence

728
00:34:12,920 --> 00:34:16,200
Speaker 7: around puberty blockers is very poor, both on their potential

729
00:34:16,239 --> 00:34:18,760
Speaker 7: benefits and their potential risks.

730
00:34:20,239 --> 00:34:22,120
Speaker 3: So if we've come to the same conclusion, do you

731
00:34:22,200 --> 00:34:23,960
Speaker 3: expect the outcome to be the same, which is that

732
00:34:24,080 --> 00:34:27,160
Speaker 3: in the UK the government then moved to basically ban

733
00:34:27,280 --> 00:34:30,400
Speaker 3: the routine use. Is that basically what's going to happen here.

734
00:34:31,760 --> 00:34:34,680
Speaker 7: Look, all countries that have looked at this issue have

735
00:34:34,800 --> 00:34:37,439
Speaker 7: come to the same conclusion that the evidence is very poor,

736
00:34:37,880 --> 00:34:40,520
Speaker 7: and then the response to that has been quite different.

737
00:34:41,040 --> 00:34:44,399
Speaker 7: So in the UK and in some Scandinavian countries they've

738
00:34:44,520 --> 00:34:47,440
Speaker 7: moved to more or less ban the use of puberty blockers,

739
00:34:47,800 --> 00:34:50,720
Speaker 7: But in other countries like Australia and most of Canada

740
00:34:51,480 --> 00:34:54,719
Speaker 7: they have the guidance and standards, but puberty blockers are

741
00:34:54,719 --> 00:34:57,640
Speaker 7: still available. So the way that countries are responding to

742
00:34:57,760 --> 00:34:58,960
Speaker 7: that vary.

743
00:34:59,120 --> 00:35:00,520
Speaker 3: Right, So which way a week going to go?

744
00:35:01,960 --> 00:35:04,560
Speaker 7: At the moment, what we've done is we have released

745
00:35:04,600 --> 00:35:08,200
Speaker 7: a position statement, and what that does it ensures that

746
00:35:08,719 --> 00:35:12,520
Speaker 7: those medicines are used with appropriate caution, so only by

747
00:35:12,760 --> 00:35:16,000
Speaker 7: experienced clinicians and in the context of good wrap around

748
00:35:16,080 --> 00:35:19,319
Speaker 7: care for young people and their families. And then at

749
00:35:19,320 --> 00:35:21,560
Speaker 7: the same time, the government has asked us to go

750
00:35:21,719 --> 00:35:26,000
Speaker 7: out and consult on whether or not further restrictions would

751
00:35:26,040 --> 00:35:27,720
Speaker 7: be white in the New Zealand Compact.

752
00:35:27,760 --> 00:35:31,279
Speaker 3: Okay, all right, So these clinicians with experience and gender

753
00:35:31,280 --> 00:35:32,880
Speaker 3: affirming care, how many of them have we got in

754
00:35:32,920 --> 00:35:33,360
Speaker 3: the country.

755
00:35:35,080 --> 00:35:37,920
Speaker 7: I don't have a number specifically on that because they

756
00:35:38,000 --> 00:35:41,920
Speaker 7: come from various backgrounds. So they can be pediatricians for example,

757
00:35:42,000 --> 00:35:45,520
Speaker 7: they can be general practitioners with special interest in this area.

758
00:35:45,680 --> 00:35:48,319
Speaker 7: They can be psychologists or psychiatrist.

759
00:35:48,520 --> 00:35:52,200
Speaker 3: How do they self nominate and say, Yep, I feel

760
00:35:52,239 --> 00:35:53,880
Speaker 3: like I can do it. I've got some gender affirming

761
00:35:53,960 --> 00:35:55,080
Speaker 3: care experience, I'll do it.

762
00:35:56,239 --> 00:35:56,439
Speaker 19: Yeah.

763
00:35:56,480 --> 00:35:59,239
Speaker 7: They have to be able to demonstrate that they have

764
00:36:00,400 --> 00:36:03,239
Speaker 7: experience and gender affirming care. And we do have some

765
00:36:04,440 --> 00:36:07,040
Speaker 7: number of clinics with a lot of experience in this area.

766
00:36:07,520 --> 00:36:10,360
Speaker 7: So what the standards do is they set that expectation

767
00:36:10,719 --> 00:36:13,560
Speaker 7: on clinissions, which is is what we normally do in

768
00:36:13,640 --> 00:36:17,279
Speaker 7: relation to clinical standards, so that we can then hold

769
00:36:17,320 --> 00:36:18,360
Speaker 7: them to account if.

770
00:36:18,200 --> 00:36:20,799
Speaker 3: They do not say that, do they just go I think,

771
00:36:20,840 --> 00:36:22,279
Speaker 3: come up to it. I'm going to do it, or

772
00:36:22,360 --> 00:36:23,800
Speaker 3: do they have to come to you and say I

773
00:36:23,920 --> 00:36:25,719
Speaker 3: think I'm up to it and you go, yes, You're

774
00:36:25,760 --> 00:36:26,320
Speaker 3: allowed to do it.

775
00:36:27,719 --> 00:36:32,239
Speaker 7: Like other areas of medicine. There's no specific, you know,

776
00:36:32,440 --> 00:36:37,360
Speaker 7: process to determine that, but what it does mean is

777
00:36:37,440 --> 00:36:40,440
Speaker 7: that they can be held to account by, for example,

778
00:36:40,480 --> 00:36:43,400
Speaker 7: the Medical Council, and if they are unable to demonstrate

779
00:36:43,480 --> 00:36:46,440
Speaker 7: that they do have a level of experience in relation

780
00:36:46,520 --> 00:36:49,799
Speaker 7: to gender firm in care, that would be problematic for them.

781
00:36:50,120 --> 00:36:53,920
Speaker 3: Okay, so do you expect the number of puberty blockers

782
00:36:54,000 --> 00:36:55,480
Speaker 3: prescribed to drop off from now?

783
00:36:56,719 --> 00:36:59,240
Speaker 7: Yeah, you know, and we're already seen it happening. So actually,

784
00:36:59,280 --> 00:37:02,960
Speaker 7: the peace prescription for puby blockers WERETT was actually around

785
00:37:03,000 --> 00:37:05,880
Speaker 7: about sort of twenty twenty one. Around about then, in

786
00:37:05,960 --> 00:37:08,600
Speaker 7: the last couple of years, we're already starting to see

787
00:37:08,680 --> 00:37:11,279
Speaker 7: a drop off in the rate of prescribing, so I

788
00:37:11,360 --> 00:37:14,520
Speaker 7: would expect that that trend is likely to continue, although

789
00:37:14,560 --> 00:37:16,399
Speaker 7: of course we'll have to wait and see.

790
00:37:16,840 --> 00:37:19,240
Speaker 3: Hey, thank you very much, Diana, appreciate it. Diana Safaci,

791
00:37:19,239 --> 00:37:20,520
Speaker 3: who's the Director General.

792
00:37:20,280 --> 00:37:22,200
Speaker 2: Of Health, Heather Doopers the ALA.

793
00:37:22,800 --> 00:37:24,800
Speaker 3: A group of economists have written in open letters of

794
00:37:24,840 --> 00:37:28,440
Speaker 3: the Prime Minister asking him not to cut government spending now.

795
00:37:28,600 --> 00:37:31,360
Speaker 3: The group includes a former Treasury chief economist, a current

796
00:37:31,520 --> 00:37:34,279
Speaker 3: union economist, a former union economist, and a former Reserve

797
00:37:34,360 --> 00:37:38,799
Speaker 3: Bank director and also Garnish Nana who's with us Aganashka,

798
00:37:38,880 --> 00:37:41,200
Speaker 3: how are you very well? Thank you? What government spending

799
00:37:41,239 --> 00:37:42,440
Speaker 3: cuts do you want to see stopped?

800
00:37:44,360 --> 00:37:48,680
Speaker 20: Well, we've we've had the last budget which saw lots

801
00:37:48,719 --> 00:37:50,920
Speaker 20: of cuts and spending I think it was about six

802
00:37:51,040 --> 00:37:53,560
Speaker 20: or seven percent they wanted and the signals are that

803
00:37:53,640 --> 00:37:56,160
Speaker 20: there is even more spending coming in this next budget round.

804
00:37:56,200 --> 00:37:57,919
Speaker 20: So we want to call it a hole to any

805
00:37:58,000 --> 00:38:00,640
Speaker 20: more cuts and spending while we take stock of just

806
00:38:00,760 --> 00:38:02,839
Speaker 20: where we are and what is the objective of all

807
00:38:02,880 --> 00:38:03,160
Speaker 20: of us.

808
00:38:03,360 --> 00:38:06,040
Speaker 3: But don't we want the government to cut spending to

809
00:38:06,120 --> 00:38:08,360
Speaker 3: help the Reserve Bank bring down inflation.

810
00:38:10,200 --> 00:38:12,120
Speaker 20: Sorry you're cutting out, I.

811
00:38:12,160 --> 00:38:14,680
Speaker 3: Said, don't we worry don't we want the government to

812
00:38:14,760 --> 00:38:18,000
Speaker 3: cut spending to help the Reserve Bank bring down inflation.

813
00:38:20,719 --> 00:38:23,200
Speaker 20: Well, the Reserve Bank is doing quite well on its own,

814
00:38:23,640 --> 00:38:25,080
Speaker 20: assisted by the rest of the world and.

815
00:38:25,120 --> 00:38:30,839
Speaker 3: Bringing down inflation and by the government as well. Right, Well,

816
00:38:30,920 --> 00:38:31,640
Speaker 3: that's arguable.

817
00:38:31,719 --> 00:38:34,520
Speaker 20: But the point is, should fiscal policy be targeting inflation

818
00:38:34,640 --> 00:38:37,200
Speaker 20: when we've already got the Reserve Bank doing it. We

819
00:38:37,320 --> 00:38:39,759
Speaker 20: want fiscal policy to do other things, which is to

820
00:38:39,920 --> 00:38:43,600
Speaker 20: focus on that external debt that seems to be being

821
00:38:43,640 --> 00:38:44,480
Speaker 20: ignored by many.

822
00:38:44,680 --> 00:38:47,920
Speaker 3: But to be fair, the Reserve Bank has asked, has

823
00:38:48,040 --> 00:38:50,919
Speaker 3: asked the government to assist them and in the fight

824
00:38:51,160 --> 00:38:53,239
Speaker 3: of inflation. Right, So if the Reserve bank's asking for

825
00:38:53,320 --> 00:38:54,640
Speaker 3: that assistance, so they not get it.

826
00:38:56,280 --> 00:38:58,520
Speaker 20: Well, I mean the Reserve Bank has always asked, and

827
00:38:58,600 --> 00:39:01,000
Speaker 20: that's not just this government as the previous ones, the

828
00:39:01,080 --> 00:39:04,800
Speaker 20: previous Reserve being governor as well. But the question is

829
00:39:05,000 --> 00:39:09,000
Speaker 20: should fiscal policy be targeting inflation. We've already got one

830
00:39:09,239 --> 00:39:12,879
Speaker 20: arm of government targeting inflation, and that's through interest rates.

831
00:39:14,520 --> 00:39:17,360
Speaker 20: What's left to target the other important things in the

832
00:39:17,480 --> 00:39:21,680
Speaker 20: economy that are necessary if we get beyond the short

833
00:39:21,800 --> 00:39:25,240
Speaker 20: term cycles and actually tackling the longer term issues.

834
00:39:25,280 --> 00:39:27,640
Speaker 3: What do you if you don't think fiscal policy should

835
00:39:27,680 --> 00:39:30,239
Speaker 3: fight inflation, what should fiscal policy do.

836
00:39:31,840 --> 00:39:31,960
Speaker 9: Well?

837
00:39:32,000 --> 00:39:34,840
Speaker 20: Fiscal policy has got to help us get out of

838
00:39:34,920 --> 00:39:39,600
Speaker 20: this rut that we've been in fee decades around productivity

839
00:39:39,680 --> 00:39:42,640
Speaker 20: and export growth, because it's that external debt that is

840
00:39:42,680 --> 00:39:45,719
Speaker 20: the problem. I know New Zealanders love and governments of

841
00:39:45,960 --> 00:39:48,840
Speaker 20: all colors love to talk about government debt, but we

842
00:39:48,920 --> 00:39:51,520
Speaker 20: would love to talk about external debt because that is

843
00:39:51,640 --> 00:39:54,840
Speaker 20: the legacy and the burden that has literally been passed

844
00:39:54,880 --> 00:39:58,040
Speaker 20: on to next generation and so on. And that external

845
00:39:58,080 --> 00:40:00,120
Speaker 20: debt is not what we owe to the govern them

846
00:40:00,160 --> 00:40:02,200
Speaker 20: into what the government owes to us. It's what we

847
00:40:02,320 --> 00:40:05,480
Speaker 20: as a country owe to other countries. And that's the

848
00:40:05,600 --> 00:40:09,560
Speaker 20: important thing. And we don't see any addressing of that

849
00:40:09,719 --> 00:40:13,640
Speaker 20: or any between what fiscal policy is currently doing and

850
00:40:14,320 --> 00:40:17,920
Speaker 20: that that bigger target that we need to address.

851
00:40:18,160 --> 00:40:19,840
Speaker 3: All right, Ginnich, thank you, I appreciate your time. That

852
00:40:19,840 --> 00:40:21,880
Speaker 3: it's ganesh On our former Productivity.

853
00:40:21,600 --> 00:40:24,920
Speaker 2: Commissioned chair, Heather Dupless, the Ellen.

854
00:40:24,760 --> 00:40:26,560
Speaker 3: Jan's going to be us shortly. Jan has said I

855
00:40:26,600 --> 00:40:30,120
Speaker 3: wouldn't find those words, that's the stupid B word. I

856
00:40:30,160 --> 00:40:33,000
Speaker 3: wouldn't find that acceptable in any workplace, let alone in

857
00:40:33,040 --> 00:40:36,600
Speaker 3: a place where we've got strict rules for a reason.

858
00:40:37,160 --> 00:40:39,600
Speaker 3: We're going to talk about them rules shortly. Also, also,

859
00:40:39,960 --> 00:40:42,200
Speaker 3: you want some good news. I always think this is

860
00:40:42,239 --> 00:40:44,280
Speaker 3: good news. There is good news if you've got a mortgage.

861
00:40:44,719 --> 00:40:47,080
Speaker 3: B and Z has cut its six month fixed home

862
00:40:47,480 --> 00:40:50,600
Speaker 3: loan rate today down below six percent, so it's five

863
00:40:50,640 --> 00:40:53,239
Speaker 3: point nine to nine percent, cut up by fifty basis points.

864
00:40:53,320 --> 00:40:56,439
Speaker 3: Doing this ahead of the ocr being revised later this month.

865
00:40:56,719 --> 00:40:59,000
Speaker 3: This is now the lowest advertise six month rate of

866
00:40:59,080 --> 00:41:01,640
Speaker 3: the five major banks on Thursday. Hoorrah, How good is that?

867
00:41:01,800 --> 00:41:04,600
Speaker 3: Fourteen past five? Hey, we all want to be the best,

868
00:41:04,640 --> 00:41:05,960
Speaker 3: but not all of us get to say that we

869
00:41:06,040 --> 00:41:08,880
Speaker 3: actually are the best. Now, one company that can proudly

870
00:41:08,920 --> 00:41:11,279
Speaker 3: claim this accolade is One New Zealand who have been

871
00:41:11,320 --> 00:41:13,640
Speaker 3: named as having the best mobile network in New Zealand.

872
00:41:13,719 --> 00:41:16,960
Speaker 3: Forget this the third year running now. This award was

873
00:41:17,000 --> 00:41:20,680
Speaker 3: handed out in May by independent benchmarking organization UMLAUT and

874
00:41:20,800 --> 00:41:23,280
Speaker 3: these guys test and compare more than two hundred mobile

875
00:41:23,320 --> 00:41:26,600
Speaker 3: networks worldwide, and of the three major KEI we tell

876
00:41:26,719 --> 00:41:29,560
Speaker 3: cos it was One New Zealand's mobile network that performed

877
00:41:29,600 --> 00:41:31,360
Speaker 3: the best they came out on the top for voice

878
00:41:31,480 --> 00:41:34,360
Speaker 3: and data and they had the most reliable mobile network.

879
00:41:34,680 --> 00:41:36,439
Speaker 3: The results are really good news for One New Zealand

880
00:41:36,440 --> 00:41:39,080
Speaker 3: because they invest millions of dollars every year into the network.

881
00:41:39,360 --> 00:41:41,440
Speaker 3: But it's also really good news for people like you

882
00:41:41,520 --> 00:41:43,480
Speaker 3: and me because we rely heavily on our phones for

883
00:41:43,560 --> 00:41:45,880
Speaker 3: both work and personal use, right and so we need

884
00:41:45,920 --> 00:41:48,560
Speaker 3: a mobile network that will absolutely keep us connected. So

885
00:41:49,080 --> 00:41:51,680
Speaker 3: if you'd like to learn more about joining Z's most

886
00:41:51,800 --> 00:41:56,040
Speaker 3: reliable mobile network, jump online and visit one dot NZ.

887
00:41:56,600 --> 00:41:59,160
Speaker 2: Together do for Celan Heather, what the heck.

888
00:41:59,080 --> 00:42:01,760
Speaker 3: Is garnish nanna on it too heavy a government causes

889
00:42:01,840 --> 00:42:03,920
Speaker 3: poor productivity. We will talk to the huddle about this

890
00:42:04,040 --> 00:42:06,520
Speaker 3: because there's quite the debate to be had there right now.

891
00:42:06,600 --> 00:42:10,640
Speaker 3: Eighteen past five. Now, as you know, Education Minister Erica

892
00:42:10,680 --> 00:42:14,000
Speaker 3: Stanford has apologized today for calling jantiniti from Labor a

893
00:42:14,080 --> 00:42:17,240
Speaker 3: stupid B word. Happened in Parliament after quite a fiery

894
00:42:17,280 --> 00:42:21,239
Speaker 3: exchange in question time and Jan is with us. Now, hey, Jan, hey, Heather.

895
00:42:21,520 --> 00:42:25,800
Speaker 21: Not the first time, uh no, we've seen this before,

896
00:42:25,960 --> 00:42:27,920
Speaker 21: but this is the first time that we've stood up

897
00:42:28,040 --> 00:42:31,480
Speaker 21: and or our shadow Leader of the House stood up

898
00:42:31,520 --> 00:42:33,040
Speaker 21: and made a complaint to the speaker.

899
00:42:33,239 --> 00:42:34,840
Speaker 3: Yeah, and is this upsetting to you?

900
00:42:36,200 --> 00:42:38,920
Speaker 22: Look, I've got broad shoulders. I've been a school principle

901
00:42:39,000 --> 00:42:41,479
Speaker 22: and a teacher, so I've been called names over the years.

902
00:42:41,760 --> 00:42:45,000
Speaker 22: But it's more about the fact that we have rules

903
00:42:45,040 --> 00:42:47,759
Speaker 22: for a reason. I also had to think about and thought, well,

904
00:42:47,840 --> 00:42:50,560
Speaker 22: I wouldn't expect that in any workplace. We do have

905
00:42:50,719 --> 00:42:54,240
Speaker 22: to stand up as MPs and show good, strong behavior,

906
00:42:54,360 --> 00:42:57,040
Speaker 22: and we do need to take accountability for our behavior

907
00:42:57,120 --> 00:42:59,799
Speaker 22: as well. And really that's where I'm coming from.

908
00:43:00,600 --> 00:43:02,000
Speaker 8: Ever say, I've got broad shoulders.

909
00:43:02,440 --> 00:43:05,440
Speaker 3: So Jan on the rules thing, it's kind of interesting

910
00:43:05,520 --> 00:43:07,920
Speaker 3: that you're defending the rules of Parliament today given how

911
00:43:07,960 --> 00:43:10,200
Speaker 3: much your party has broken the rules in the last week,

912
00:43:10,280 --> 00:43:10,560
Speaker 3: isn't it.

913
00:43:11,960 --> 00:43:14,160
Speaker 22: I think in the last week has been a different

914
00:43:14,200 --> 00:43:17,320
Speaker 22: situation for everyone. Of course, we stand up for the

915
00:43:17,440 --> 00:43:21,120
Speaker 22: rules of Parliament, but the last week has been a

916
00:43:21,320 --> 00:43:23,520
Speaker 22: very different, intense situation.

917
00:43:24,520 --> 00:43:27,719
Speaker 3: That wasn't what happened today between the two of you,

918
00:43:27,800 --> 00:43:30,400
Speaker 3: different intents as well, So so to break.

919
00:43:30,239 --> 00:43:34,120
Speaker 22: That rule, it was definitely tense. It was a definitely

920
00:43:34,280 --> 00:43:37,600
Speaker 22: tense time because that's a robust exchange. But we already

921
00:43:37,760 --> 00:43:42,640
Speaker 22: have rules around how that is guided in Parliament. There's

922
00:43:42,760 --> 00:43:48,280
Speaker 22: already precedents around that. There hasn't been precedents around anything

923
00:43:48,360 --> 00:43:51,360
Speaker 22: else that's happened, So you know, that's time for Parliament

924
00:43:51,400 --> 00:43:54,000
Speaker 22: to have those discussions. I think Parliament has to have

925
00:43:54,160 --> 00:43:54,880
Speaker 22: those discussions.

926
00:43:54,960 --> 00:43:57,840
Speaker 3: So, just in this last week, you have had Willie

927
00:43:57,920 --> 00:44:01,000
Speaker 3: Jackson get up and called David Seymore a liar in

928
00:44:01,160 --> 00:44:03,880
Speaker 3: breach of the rules and refuse to take responsibility for that.

929
00:44:04,560 --> 00:44:07,040
Speaker 3: You've had Penny Henae get up and join the Marty

930
00:44:07,080 --> 00:44:10,319
Speaker 3: Party hucker in breach of the rules. You've had Ginny

931
00:44:10,360 --> 00:44:13,719
Speaker 3: Anderson on the radio yesterday telling us it's okay to

932
00:44:13,760 --> 00:44:15,560
Speaker 3: break the rules if you care about it, and your

933
00:44:15,719 --> 00:44:19,640
Speaker 3: party voted not to punish the Marty Party MP Hannah

934
00:44:19,760 --> 00:44:22,799
Speaker 3: after you MP Clark for breaking the rules. So if

935
00:44:22,880 --> 00:44:25,040
Speaker 3: you guys are kind of cool with the rules being

936
00:44:25,080 --> 00:44:28,440
Speaker 3: broken in those instances, why are you defending the rules today?

937
00:44:29,400 --> 00:44:32,759
Speaker 22: Because I think you you actually are making a really

938
00:44:32,800 --> 00:44:35,040
Speaker 22: good point. We do abide by the rules, and I

939
00:44:35,200 --> 00:44:36,920
Speaker 22: think personally rules are there.

940
00:44:36,800 --> 00:44:41,000
Speaker 3: For the rules. Jack hang on here, just let me finish.

941
00:44:41,080 --> 00:44:44,800
Speaker 22: Sorry, Perry, when you have when you do break the rules,

942
00:44:44,920 --> 00:44:48,320
Speaker 22: there is a something that's going to happen for you,

943
00:44:48,480 --> 00:44:50,600
Speaker 22: and Willie got thrown out of the house by the

944
00:44:50,680 --> 00:44:53,879
Speaker 22: speaker for that. So you know, there is a consequence

945
00:44:54,080 --> 00:44:56,080
Speaker 22: to that, and that's why we have the rules, and

946
00:44:56,200 --> 00:44:59,040
Speaker 22: that's why we have consequences. As someone who has come

947
00:44:59,120 --> 00:45:02,080
Speaker 22: through the education system, that is really important to me

948
00:45:02,239 --> 00:45:05,480
Speaker 22: because that's when when those kids called me names, or

949
00:45:05,560 --> 00:45:08,080
Speaker 22: called my teacher's names, or did any of those things,

950
00:45:08,360 --> 00:45:11,880
Speaker 22: there was a responsibility of me to enact a consequence.

951
00:45:12,160 --> 00:45:14,359
Speaker 3: There was that two things. Will he got thrown out

952
00:45:14,360 --> 00:45:16,279
Speaker 3: because he refused to apologize, and to this day he

953
00:45:16,360 --> 00:45:19,560
Speaker 3: refuses to apologize. I would actually venture to you that

954
00:45:19,719 --> 00:45:22,480
Speaker 3: everybody's behaved badly here, but the only person who's actually

955
00:45:22,520 --> 00:45:24,399
Speaker 3: said the sorry and done the right thing is Erica,

956
00:45:25,360 --> 00:45:25,759
Speaker 3: And can.

957
00:45:25,719 --> 00:45:28,959
Speaker 22: I just acknowledge that there was a She has said sorry,

958
00:45:29,000 --> 00:45:31,239
Speaker 22: and she has texted me since then too, And that's

959
00:45:31,280 --> 00:45:33,879
Speaker 22: why I say I've got broad shoulders. As I said

960
00:45:33,920 --> 00:45:36,560
Speaker 22: to media today, I'm not thinking too hard about this,

961
00:45:37,040 --> 00:45:40,400
Speaker 22: but it is just showing that as MP's we do

962
00:45:40,600 --> 00:45:43,320
Speaker 22: have to take responsibility for our behavior and we do

963
00:45:43,600 --> 00:45:47,080
Speaker 22: have to acknowledge our behavior too. So you know that's

964
00:45:47,160 --> 00:45:49,359
Speaker 22: something that I'm personally very strong.

965
00:45:49,080 --> 00:45:51,600
Speaker 3: About Okay, hey, jan thank you. I appreciate you talking

966
00:45:51,640 --> 00:45:53,560
Speaker 3: to us and as I say, not okay to call

967
00:45:53,600 --> 00:45:57,000
Speaker 3: anybody that word. Jantinetti Labor MP five twenty two.

968
00:45:57,719 --> 00:46:01,000
Speaker 1: Digging deeper into the day's headlines, it's Heather Duper c

969
00:46:01,160 --> 00:46:04,600
Speaker 1: Allen Drive were on New Zealand Let's get Connected and

970
00:46:04,680 --> 00:46:05,560
Speaker 1: news dogs that'd be.

971
00:46:05,760 --> 00:46:08,000
Speaker 3: I have been meaning to tell you we're going to

972
00:46:08,080 --> 00:46:13,040
Speaker 3: talk to a mumfluencer shortly. Mumfluencers are mums who are influencers, right,

973
00:46:13,080 --> 00:46:16,200
Speaker 3: so they put their children on social media and then

974
00:46:16,200 --> 00:46:19,600
Speaker 3: they get like free stuff like free pools and prams

975
00:46:19,760 --> 00:46:21,840
Speaker 3: and cool stuff like that for you know, putting the

976
00:46:21,920 --> 00:46:25,000
Speaker 3: kids on social media. They are now apparently pulling back

977
00:46:25,040 --> 00:46:26,799
Speaker 3: a wee bit because the kids don't like it now

978
00:46:26,840 --> 00:46:28,200
Speaker 3: that the kids are growing up. So anyway, we'll talk

979
00:46:28,200 --> 00:46:31,000
Speaker 3: to one of them about what's up there. Five twenty five. Now,

980
00:46:31,480 --> 00:46:33,560
Speaker 3: if you listen to the show regularly, you'll know that

981
00:46:33,600 --> 00:46:34,920
Speaker 3: I'm a bit of a fan of a guy called

982
00:46:34,960 --> 00:46:37,520
Speaker 3: Robert McCullough who is from the University of Auckland. He's

983
00:46:37,560 --> 00:46:40,440
Speaker 3: an economics professor and he runs a private blog and

984
00:46:40,800 --> 00:46:44,600
Speaker 3: on that blog he pretty much skewers everyone. He takes

985
00:46:44,640 --> 00:46:47,520
Speaker 3: a crack at everybody. He's written a piece today for

986
00:46:47,600 --> 00:46:49,799
Speaker 3: the Herald and he's taken a crack at Finance Minister

987
00:46:49,920 --> 00:46:52,759
Speaker 3: Nikola Willis and it is brutal. Now, what you need

988
00:46:52,800 --> 00:46:54,919
Speaker 3: to know about Robert McCullough is that he I don't

989
00:46:54,960 --> 00:46:58,239
Speaker 3: get the impression he's a lefty, So I would say

990
00:46:58,360 --> 00:47:01,239
Speaker 3: he's not like a natural enemy of the National Party

991
00:47:01,320 --> 00:47:03,359
Speaker 3: or Nikola Willis or anything. So I wouldn't write off

992
00:47:03,400 --> 00:47:06,000
Speaker 3: this criticism as being entirely predictable. Do you know what

993
00:47:06,040 --> 00:47:08,360
Speaker 3: I mean? It's not coming from an enemy, it's just

994
00:47:08,440 --> 00:47:10,880
Speaker 3: coming from a guy with a lot of knowledge. What

995
00:47:11,040 --> 00:47:13,200
Speaker 3: he's had a crack at her for is saying that

996
00:47:13,320 --> 00:47:15,480
Speaker 3: she was going to fix the economy, but she's actually

997
00:47:15,560 --> 00:47:17,840
Speaker 3: not fixing the economy, and she's just talking about fixing

998
00:47:17,880 --> 00:47:20,440
Speaker 3: the economy. So he points out our growth is still stagnant.

999
00:47:21,000 --> 00:47:23,279
Speaker 3: None of the duopolies or monopolies that are stuffing our

1000
00:47:23,360 --> 00:47:26,160
Speaker 3: economy have been broken up. Red tape which are strangling

1001
00:47:26,160 --> 00:47:29,120
Speaker 3: our economy hasn't really been cut yet. The Social Investment

1002
00:47:29,160 --> 00:47:32,200
Speaker 3: Agency that Nikola Willis's running hasn't really started yet. The

1003
00:47:32,360 --> 00:47:34,960
Speaker 3: tax system which is desperate for an overhaul, has not

1004
00:47:35,080 --> 00:47:37,400
Speaker 3: been overhauled at all. It's been tinkered with, and the

1005
00:47:37,440 --> 00:47:39,279
Speaker 3: fiscal deficit is only going to get worse if we

1006
00:47:39,360 --> 00:47:42,320
Speaker 3: carry on like this now. I don't agree with everything

1007
00:47:42,360 --> 00:47:44,719
Speaker 3: that Robert McCullough has said in this piece because I

1008
00:47:44,760 --> 00:47:48,239
Speaker 3: don't think all of the stuff is actually Nichola Willis's fault.

1009
00:47:48,800 --> 00:47:52,080
Speaker 3: There are other ministers and other parties involved here. But

1010
00:47:52,239 --> 00:47:56,120
Speaker 3: I agree with some of it. And importantly why I

1011
00:47:56,280 --> 00:47:58,399
Speaker 3: agree with some of it is that Nikola Willis spent

1012
00:47:58,560 --> 00:48:02,000
Speaker 3: more in the last budget then Grant Robertson did in

1013
00:48:02,160 --> 00:48:05,239
Speaker 3: any of his budgets, and we are angry with him

1014
00:48:05,280 --> 00:48:07,000
Speaker 3: for how much he blew, so the fact that she

1015
00:48:07,120 --> 00:48:09,799
Speaker 3: blew more when we're broke is actually not a good

1016
00:48:09,880 --> 00:48:12,400
Speaker 3: thing at all. But mainly what I agree with is

1017
00:48:12,480 --> 00:48:14,919
Speaker 3: the overarching message here, which is that this government needs

1018
00:48:14,960 --> 00:48:18,080
Speaker 3: to stop dicking around with little changes and understand New

1019
00:48:18,120 --> 00:48:21,280
Speaker 3: Zealanders want big changes because we realize we're stuffed. Luxon

1020
00:48:21,360 --> 00:48:24,600
Speaker 3: cannot be John Key, Nichola Willis cannot be Sir Bill English.

1021
00:48:24,960 --> 00:48:27,359
Speaker 3: Those two were running the country in reasonably good times.

1022
00:48:27,400 --> 00:48:28,840
Speaker 3: We are not in good times now. We are in

1023
00:48:28,920 --> 00:48:31,759
Speaker 3: bad times, and that's both economically and socially. And so

1024
00:48:31,880 --> 00:48:33,680
Speaker 3: these guys need to move fast than they need to

1025
00:48:33,760 --> 00:48:35,920
Speaker 3: break things, and people know that. And if they don't,

1026
00:48:36,800 --> 00:48:39,560
Speaker 3: Christopher Luxon and Nichola Willis will get punished at the

1027
00:48:39,560 --> 00:48:44,200
Speaker 3: ballot box together. Ellen OMG. Heather hypocrisy or what Heather?

1028
00:48:44,280 --> 00:48:46,560
Speaker 3: Isn't amazing how Labour's okay to break the rules. But

1029
00:48:47,040 --> 00:48:49,120
Speaker 3: if they like the cause but not when someone else does,

1030
00:48:49,200 --> 00:48:53,359
Speaker 3: their total hypocrites. Look, of course they are. I mean,

1031
00:48:53,680 --> 00:48:56,040
Speaker 3: the rule breaking this week has been out the gate,

1032
00:48:56,320 --> 00:48:58,920
Speaker 3: So to choose this week to complain about rule breaking

1033
00:48:58,960 --> 00:49:02,680
Speaker 3: by Erica Stanford is remarkable. Now, I like I really

1034
00:49:02,840 --> 00:49:05,520
Speaker 3: like Jen. I feel sorry for Jan because I don't

1035
00:49:05,520 --> 00:49:08,319
Speaker 3: think Jan. Jan's not a big picture and a big

1036
00:49:08,400 --> 00:49:11,120
Speaker 3: picture MP. There are other people in the Labor Party

1037
00:49:11,160 --> 00:49:13,760
Speaker 3: who should have been thinking. They've wheeled around to complain

1038
00:49:13,800 --> 00:49:15,919
Speaker 3: about it, right, they should have thought about how bad

1039
00:49:16,000 --> 00:49:17,959
Speaker 3: this is going this week?

1040
00:49:18,640 --> 00:49:19,040
Speaker 5: Anyway?

1041
00:49:19,200 --> 00:49:22,040
Speaker 3: That's going straight to the huddle, though, isn't it. Headline's next.

1042
00:49:26,560 --> 00:49:30,480
Speaker 1: The day's newsmakers talk to Heather First, Heather Duper see

1043
00:49:30,520 --> 00:49:33,920
Speaker 1: allan drive with One New Zealand, Let's get connected and

1044
00:49:34,040 --> 00:49:34,600
Speaker 1: news Talk.

1045
00:49:34,880 --> 00:49:37,920
Speaker 23: D be well down.

1046
00:49:38,200 --> 00:49:51,759
Speaker 3: And now, if you've been listening to the show in

1047
00:49:51,800 --> 00:49:53,440
Speaker 3: the last few weeks, you know I've been banging on

1048
00:49:53,560 --> 00:49:56,080
Speaker 3: about the banks and I really have enough. You know,

1049
00:49:56,239 --> 00:49:58,240
Speaker 3: I don't have a problem with what the bank's CEOs

1050
00:49:58,280 --> 00:49:59,800
Speaker 3: get paid at all, but I'm starting to get a

1051
00:49:59,800 --> 00:50:01,839
Speaker 3: little grouchy about them going a bit hard on our

1052
00:50:01,920 --> 00:50:04,320
Speaker 3: dairy farmers when they're not going as hard on the

1053
00:50:04,640 --> 00:50:07,440
Speaker 3: Australian dairy farmers. And this is reclimate emissions. Anyway, we're

1054
00:50:07,480 --> 00:50:11,480
Speaker 3: talking yesterday about Katherine McGrath, who's the Westpact boss, and

1055
00:50:11,600 --> 00:50:13,759
Speaker 3: her appearing at the Parliamentary Select Committee about this, and

1056
00:50:13,840 --> 00:50:15,719
Speaker 3: so Westpac called us today and they were like, oh,

1057
00:50:16,520 --> 00:50:17,359
Speaker 3: Cats will come on the show.

1058
00:50:17,400 --> 00:50:17,920
Speaker 5: Do you like to have it?

1059
00:50:17,960 --> 00:50:20,239
Speaker 3: And we're absolutely, we want to talk to Katherine about this.

1060
00:50:20,680 --> 00:50:22,680
Speaker 3: So she's going to be with us after six o'clock.

1061
00:50:23,040 --> 00:50:26,799
Speaker 3: Huddle standing by here. The mccullor's comments are premature. Good

1062
00:50:26,840 --> 00:50:29,040
Speaker 3: things take a little time. Let's view progress in twelve

1063
00:50:29,080 --> 00:50:32,560
Speaker 3: months time versus trying to grab headlines and sensationalized. Now, Heather,

1064
00:50:32,960 --> 00:50:35,120
Speaker 3: you'll write about the need for bold and decisive action,

1065
00:50:35,320 --> 00:50:36,960
Speaker 3: take some risk, makes some change. So it's a bit

1066
00:50:37,000 --> 00:50:38,640
Speaker 3: divided out there on this one. This is on the

1067
00:50:38,760 --> 00:50:40,600
Speaker 3: NATS obviously twenty three away from.

1068
00:50:40,480 --> 00:50:42,920
Speaker 2: Six Heather duer See Allen looks like.

1069
00:50:43,000 --> 00:50:45,640
Speaker 3: So called parent influences may be starting to get a

1070
00:50:45,680 --> 00:50:48,400
Speaker 3: little bit more careful about putting their kids' pictures online.

1071
00:50:48,400 --> 00:50:50,719
Speaker 3: When I say parent influences, you know what I'm talking about, right.

1072
00:50:50,760 --> 00:50:52,680
Speaker 3: These are the mums and dads who post pictures there

1073
00:50:52,680 --> 00:50:55,400
Speaker 3: we ones doing cute or wacky things online and then

1074
00:50:55,520 --> 00:50:58,040
Speaker 3: in return they get paid for it in money or products.

1075
00:50:58,440 --> 00:51:01,560
Speaker 3: Now one of these parent influences is Maria Foy, who

1076
00:51:01,680 --> 00:51:04,640
Speaker 3: runs the Facebook and Instagram pages Happy Mum, Happy Child

1077
00:51:04,640 --> 00:51:07,600
Speaker 3: and Maria's with us. Hey Maria, Hey, how are you?

1078
00:51:07,719 --> 00:51:09,560
Speaker 3: I'm well, thank you? Are you pulling back and putting

1079
00:51:09,560 --> 00:51:10,080
Speaker 3: the kids up?

1080
00:51:12,520 --> 00:51:12,719
Speaker 9: Yeah?

1081
00:51:13,239 --> 00:51:15,200
Speaker 24: You mean absolutely pulling back on it.

1082
00:51:15,239 --> 00:51:16,799
Speaker 3: But it's more of an age thing, to be honest.

1083
00:51:16,960 --> 00:51:18,880
Speaker 3: Oh really, what's happened? What age have you hit?

1084
00:51:20,160 --> 00:51:20,279
Speaker 19: Uh?

1085
00:51:20,440 --> 00:51:23,920
Speaker 24: Well, I'm talking about their age. They're getting into the

1086
00:51:24,040 --> 00:51:29,040
Speaker 24: teenage years and they you know, I made the decision

1087
00:51:29,280 --> 00:51:31,239
Speaker 24: on their behalf. When they were younger, I was very

1088
00:51:31,280 --> 00:51:33,319
Speaker 24: careful about what I shared. But now they're coming up

1089
00:51:33,360 --> 00:51:36,880
Speaker 24: to a point where I don't feel comfortable talking about

1090
00:51:37,440 --> 00:51:39,280
Speaker 24: certain things, even though as a parent.

1091
00:51:39,200 --> 00:51:40,200
Speaker 3: You yearn for that connection.

1092
00:51:40,239 --> 00:51:42,000
Speaker 24: It doesn't matter really what you're talking about, but they

1093
00:51:42,080 --> 00:51:45,520
Speaker 24: deserve that privacy, especially when they're coming into those foremone

1094
00:51:45,560 --> 00:51:48,440
Speaker 24: filled teenage years, and so it just kind of naturally

1095
00:51:48,760 --> 00:51:50,440
Speaker 24: has wells as well.

1096
00:51:50,520 --> 00:51:50,800
Speaker 11: Maria.

1097
00:51:50,880 --> 00:51:52,400
Speaker 3: I don't want to like, I want to look at

1098
00:51:52,400 --> 00:51:53,960
Speaker 3: picture I want to look at pictures of you two

1099
00:51:54,040 --> 00:51:55,960
Speaker 3: year old doing cute things, but you're eleven year old

1100
00:51:56,080 --> 00:51:56,560
Speaker 3: at least.

1101
00:51:56,600 --> 00:52:00,200
Speaker 24: So yeah, absolutely absolutely, And they don't want to be

1102
00:52:00,360 --> 00:52:02,359
Speaker 24: up there at all. Their friends are a lot more

1103
00:52:02,400 --> 00:52:04,319
Speaker 24: aware of what's going online than they were when they

1104
00:52:04,360 --> 00:52:09,720
Speaker 24: were two. So it's been a very you know, easy

1105
00:52:09,920 --> 00:52:12,120
Speaker 24: decision to make, but also a very subtle thing that's

1106
00:52:12,120 --> 00:52:12,960
Speaker 24: just kind of happened.

1107
00:52:12,680 --> 00:52:13,799
Speaker 2: In the background now.

1108
00:52:13,880 --> 00:52:16,240
Speaker 3: And your son, I understand, actually doesn't like his photos

1109
00:52:16,280 --> 00:52:16,600
Speaker 3: up at all.

1110
00:52:17,760 --> 00:52:20,720
Speaker 24: No, he actually doesn't really like his photos being taken,

1111
00:52:21,000 --> 00:52:24,279
Speaker 24: even in a family setting. So I made a we

1112
00:52:24,400 --> 00:52:26,400
Speaker 24: had a big chat together him and I and we

1113
00:52:26,520 --> 00:52:28,239
Speaker 24: made a decision that if I was going to take

1114
00:52:28,280 --> 00:52:30,440
Speaker 24: any photos, that would just been for us here in

1115
00:52:30,560 --> 00:52:33,680
Speaker 24: this family and nothing would go online and between both

1116
00:52:33,760 --> 00:52:36,000
Speaker 24: my children, so my son and my daughter, there would

1117
00:52:36,000 --> 00:52:39,200
Speaker 24: always be consent. So my daughter always has the final

1118
00:52:39,280 --> 00:52:41,840
Speaker 24: say if something goes up, and you know, it's often no.

1119
00:52:42,040 --> 00:52:43,120
Speaker 24: And that's absolutely fine.

1120
00:52:43,520 --> 00:52:46,000
Speaker 3: And do you think that there are risks worth doing

1121
00:52:46,120 --> 00:52:48,360
Speaker 3: this but not not wth listening to the kids? I

1122
00:52:48,440 --> 00:52:52,080
Speaker 3: mean that's okay to a point. But do you think

1123
00:52:52,080 --> 00:52:54,520
Speaker 3: that there are risks with putting out pictures of toddlers

1124
00:52:54,560 --> 00:52:56,040
Speaker 3: if you are a mum influencer.

1125
00:52:56,840 --> 00:53:00,239
Speaker 8: Absolutely, I mean I think i'd be a naive to no.

1126
00:53:00,600 --> 00:53:03,920
Speaker 24: Oh. Absolutely, there's predators out there nowadays. I mean, people

1127
00:53:04,000 --> 00:53:07,719
Speaker 24: that think the worst things over something so simple, and

1128
00:53:09,120 --> 00:53:11,880
Speaker 24: you know, something that wouldn't occur to you to be

1129
00:53:11,960 --> 00:53:14,520
Speaker 24: taken the fariously will be taken a fairly. Now in

1130
00:53:14,680 --> 00:53:19,279
Speaker 24: saying that, I believe that's a small percentage, but it's

1131
00:53:19,320 --> 00:53:20,000
Speaker 24: still a chance.

1132
00:53:20,160 --> 00:53:23,319
Speaker 3: Absolutely. What about the digital footprint. I mean, if you're

1133
00:53:23,320 --> 00:53:25,879
Speaker 3: sticking up pictures of a two year old and by

1134
00:53:25,920 --> 00:53:28,480
Speaker 3: the time they get to you know, fifty two, there's

1135
00:53:28,520 --> 00:53:29,880
Speaker 3: fifty years of photos of them.

1136
00:53:30,840 --> 00:53:31,400
Speaker 4: Absolutely.

1137
00:53:31,719 --> 00:53:34,279
Speaker 24: I think for me personally, I just made when we

1138
00:53:34,400 --> 00:53:37,800
Speaker 24: made that decision to continue posting what we were posting,

1139
00:53:37,880 --> 00:53:40,800
Speaker 24: it was always from a respect in a respectful manner,

1140
00:53:41,320 --> 00:53:43,400
Speaker 24: so that anything that went online. If they were to

1141
00:53:43,440 --> 00:53:45,480
Speaker 24: grow up and look back on it, I would like

1142
00:53:45,560 --> 00:53:48,000
Speaker 24: to think that they would be okay with what I'd

1143
00:53:48,080 --> 00:53:50,280
Speaker 24: done and the decisions that I'd made, and it wouldn't

1144
00:53:50,320 --> 00:53:52,440
Speaker 24: be embarrassing for them at all.

1145
00:53:52,760 --> 00:53:55,239
Speaker 3: What's the best payment or product that you got?

1146
00:53:57,920 --> 00:53:59,840
Speaker 24: I think for us as a family, our trip to

1147
00:54:00,120 --> 00:54:02,319
Speaker 24: Australia with the Netflix was pretty cool.

1148
00:54:03,120 --> 00:54:05,280
Speaker 3: For how long? And did you go first class?

1149
00:54:06,120 --> 00:54:06,160
Speaker 25: No?

1150
00:54:06,400 --> 00:54:08,280
Speaker 24: Absolutely not first class.

1151
00:54:08,600 --> 00:54:10,080
Speaker 3: No, we just went for the weekend.

1152
00:54:10,280 --> 00:54:12,160
Speaker 24: It was just such a fun thing to do as

1153
00:54:12,200 --> 00:54:14,640
Speaker 24: a family and the Kitsta blasts.

1154
00:54:14,320 --> 00:54:17,480
Speaker 3: So yeah, Maria, thanks very much. Maria Fory parent Influence,

1155
00:54:17,520 --> 00:54:19,600
Speaker 3: the owner of Happy Mum, Happy Child. Best one I've

1156
00:54:19,640 --> 00:54:25,000
Speaker 3: heard is a free pool pool installed that hard to

1157
00:54:25,120 --> 00:54:27,520
Speaker 3: beat a pool? Do you know what how much pool costs?

1158
00:54:27,760 --> 00:54:29,680
Speaker 3: It's like one hundred, two hundred and fifty thousand dollars.

1159
00:54:29,760 --> 00:54:32,440
Speaker 3: That's awesome. Nineteen away from six the Huddle with.

1160
00:54:32,600 --> 00:54:36,560
Speaker 1: New Zealand souther Beast International Realty, Local and global exposure.

1161
00:54:36,800 --> 00:54:37,600
Speaker 2: Like Noah on the.

1162
00:54:37,640 --> 00:54:39,800
Speaker 3: Huddle, we've got Clai de Laurd journalist and Rob Campbell,

1163
00:54:39,840 --> 00:54:42,200
Speaker 3: Vice Chancellor of aut Former Health New Zealand. Chare Hello

1164
00:54:42,320 --> 00:54:45,520
Speaker 3: you two, Hello there, Claire Claire, What do you make

1165
00:54:45,560 --> 00:54:48,359
Speaker 3: of the Erica versus jan stout stout over the B word.

1166
00:54:50,200 --> 00:54:52,319
Speaker 25: Well, I mean Eric is done the right thing by saying,

1167
00:54:52,760 --> 00:54:56,560
Speaker 25: you know, sorry, she's stemming the the ongoing debate about

1168
00:54:56,560 --> 00:54:59,000
Speaker 25: whether she's going to apologize, and you know she's put

1169
00:54:59,040 --> 00:54:59,319
Speaker 25: it right.

1170
00:54:59,400 --> 00:55:00,520
Speaker 8: I supposed to an extent.

1171
00:55:00,640 --> 00:55:04,239
Speaker 25: But I do think that Parliament seems to have got

1172
00:55:04,280 --> 00:55:06,480
Speaker 25: a little bit out of hand of late, in the

1173
00:55:06,560 --> 00:55:09,680
Speaker 25: sense that people satters and a la carte.

1174
00:55:09,440 --> 00:55:10,560
Speaker 4: Menu of rules.

1175
00:55:10,640 --> 00:55:13,560
Speaker 25: Now they're kind of designed for everyone for a reason. Now,

1176
00:55:13,640 --> 00:55:16,319
Speaker 25: maybe I'm being teeny bit old fashioned, but I think

1177
00:55:16,440 --> 00:55:21,320
Speaker 25: that works better where everyone doesn't decide which rules applying

1178
00:55:21,320 --> 00:55:22,160
Speaker 25: to them which don't.

1179
00:55:23,040 --> 00:55:26,000
Speaker 8: Parliament's always held in the lowest of regard by people,

1180
00:55:26,120 --> 00:55:27,239
Speaker 8: along with journalists side.

1181
00:55:27,400 --> 00:55:30,440
Speaker 3: But I tell you I don't understand clear why the

1182
00:55:30,520 --> 00:55:32,440
Speaker 3: Labor Party didn't stop and think that if you can

1183
00:55:32,560 --> 00:55:35,360
Speaker 3: complain about Erica breaking the rules, people are gonna be like,

1184
00:55:35,400 --> 00:55:36,960
Speaker 3: bang on a tick. You people just broke the rules

1185
00:55:36,960 --> 00:55:37,800
Speaker 3: about three times.

1186
00:55:38,719 --> 00:55:41,120
Speaker 25: There are so many examples you could give in the

1187
00:55:41,239 --> 00:55:44,279
Speaker 25: last little while across all parties. But yes, I agree

1188
00:55:44,320 --> 00:55:47,759
Speaker 25: that last week hasn't mean they're finessedd or labor, But

1189
00:55:47,880 --> 00:55:49,520
Speaker 25: I think it should, you know, it should sort of

1190
00:55:49,560 --> 00:55:53,040
Speaker 25: cross party political lines and just be a general standard

1191
00:55:53,080 --> 00:55:57,160
Speaker 25: because parliamentarians do enjoy something the rest of us don't.

1192
00:55:57,239 --> 00:56:01,000
Speaker 8: They have absolute privilege to hopefully.

1193
00:56:00,719 --> 00:56:03,240
Speaker 25: Not abuse each other in the House, but to actually

1194
00:56:03,400 --> 00:56:06,000
Speaker 25: deal with some of the more serious issues facing the country.

1195
00:56:06,120 --> 00:56:08,440
Speaker 25: And if they get on and do that, we probably

1196
00:56:09,120 --> 00:56:11,359
Speaker 25: have a higher opinion of from that. At the moment,

1197
00:56:11,400 --> 00:56:13,799
Speaker 25: I'd say the standing of parliament's pretty low.

1198
00:56:13,960 --> 00:56:16,279
Speaker 3: As I said to Robert, do you think what's a

1199
00:56:16,320 --> 00:56:17,000
Speaker 3: bit disappointing?

1200
00:56:17,080 --> 00:56:19,200
Speaker 9: I didn't know we didn't have privilege to say whatever

1201
00:56:19,280 --> 00:56:23,719
Speaker 9: we felt like and give it a go. Rock. You

1202
00:56:24,080 --> 00:56:27,160
Speaker 9: never really understood that. I mean, it's it's all a

1203
00:56:27,200 --> 00:56:29,400
Speaker 9: bit childish, isn't it. But you know good can come

1204
00:56:29,480 --> 00:56:32,439
Speaker 9: with these things. I remember when Jacinda are Doing, quite

1205
00:56:32,520 --> 00:56:37,000
Speaker 9: rightly called David Seymour or a arrogant prick, and I

1206
00:56:37,080 --> 00:56:40,120
Speaker 9: think she withdrew and apologized. But they then managed jointly

1207
00:56:40,239 --> 00:56:43,280
Speaker 9: to auction the transcript of it for one hundred thousand

1208
00:56:43,360 --> 00:56:45,520
Speaker 9: dollars to a bet on the West Coast and raise

1209
00:56:45,560 --> 00:56:47,880
Speaker 9: the money for charity, which tells you more about what

1210
00:56:48,000 --> 00:56:48,920
Speaker 9: bets in than anything.

1211
00:56:49,000 --> 00:56:51,600
Speaker 4: I guess, but you know good can come with these things.

1212
00:56:51,640 --> 00:56:53,759
Speaker 9: Sc I suggests that's what they do. Frame it up,

1213
00:56:54,320 --> 00:56:54,799
Speaker 9: auction it.

1214
00:56:55,000 --> 00:56:56,920
Speaker 3: Yep to right, Hey, robire you happy to see the

1215
00:56:56,960 --> 00:56:59,319
Speaker 3: back of the gang patches or are you feeling are

1216
00:56:59,360 --> 00:57:01,240
Speaker 3: you sympathized with the poor wee blighters?

1217
00:57:03,440 --> 00:57:06,200
Speaker 9: I think it's one of many diversions that have been

1218
00:57:06,320 --> 00:57:09,319
Speaker 9: created at the moment. I don't think it matters very

1219
00:57:09,400 --> 00:57:13,160
Speaker 9: much to anyone, but some gang members. I think they'll

1220
00:57:13,640 --> 00:57:16,760
Speaker 9: I think they'll get around it. But it's performative, isn't it.

1221
00:57:17,440 --> 00:57:19,480
Speaker 9: Look at what we're doing, look at how we're being hard,

1222
00:57:20,800 --> 00:57:23,520
Speaker 9: And I don't think it solves any issues at all.

1223
00:57:23,600 --> 00:57:26,360
Speaker 9: It's not going to stop young people joining gangs because

1224
00:57:26,360 --> 00:57:28,960
Speaker 9: the reasons they join gangs are not being changed by that.

1225
00:57:29,120 --> 00:57:31,520
Speaker 3: Having said that, Rob, having said that, Dennis A. Riley,

1226
00:57:31,640 --> 00:57:34,560
Speaker 3: himself of a Black Power Life member, said that he

1227
00:57:34,640 --> 00:57:37,240
Speaker 3: actually think this good could come of it because maybe

1228
00:57:37,320 --> 00:57:39,960
Speaker 3: some gang members will actually find a reason here to

1229
00:57:40,040 --> 00:57:41,439
Speaker 3: break their ties with the gang.

1230
00:57:42,880 --> 00:57:43,080
Speaker 19: Yeah.

1231
00:57:43,120 --> 00:57:44,200
Speaker 4: Well, lots of people do.

1232
00:57:44,680 --> 00:57:47,560
Speaker 9: And I respect Dennis a view. He's very knowledgeable on

1233
00:57:47,680 --> 00:57:49,320
Speaker 9: the gangs and as you say, he's been close to

1234
00:57:49,400 --> 00:57:51,160
Speaker 9: and a member of Black Power for a long time,

1235
00:57:51,280 --> 00:57:54,040
Speaker 9: so I respect his judgment on that. Maybe some people

1236
00:57:54,120 --> 00:57:56,640
Speaker 9: will leave gangs. There is a fair degree of turnover

1237
00:57:57,080 --> 00:58:00,000
Speaker 9: in them, and some of the chapters of various gangs

1238
00:58:00,640 --> 00:58:02,960
Speaker 9: have actually got on to a better pass than they

1239
00:58:03,000 --> 00:58:05,360
Speaker 9: were on some years ago. Many haven't. So there are

1240
00:58:05,440 --> 00:58:08,640
Speaker 9: real issues with gangs in New Zealand, but the patches, really,

1241
00:58:08,840 --> 00:58:10,560
Speaker 9: I don't think it matters any of a lot, tell.

1242
00:58:10,400 --> 00:58:12,280
Speaker 3: You what, Okay, this is why I'm happy about it.

1243
00:58:12,360 --> 00:58:13,960
Speaker 3: I mean, I'm happy about it for a bunch of reasons,

1244
00:58:14,000 --> 00:58:16,960
Speaker 3: but mainly because it's us just reminding them who's actually

1245
00:58:17,000 --> 00:58:18,080
Speaker 3: in chargeing and it ain't them.

1246
00:58:19,160 --> 00:58:21,320
Speaker 25: Well they know who norminally is in charge. But in

1247
00:58:21,360 --> 00:58:24,240
Speaker 25: their own areas they are pretty well organized, aren't they.

1248
00:58:24,440 --> 00:58:26,920
Speaker 25: And I do wonder whether this is going to become

1249
00:58:29,080 --> 00:58:32,720
Speaker 25: a time consuming cat and mouth game, you know, because

1250
00:58:32,840 --> 00:58:35,800
Speaker 25: what are you going to do about, for example, forcing

1251
00:58:35,880 --> 00:58:39,480
Speaker 25: someone to take off the offensive clothing And they.

1252
00:58:39,480 --> 00:58:44,080
Speaker 8: Have mongrel mobile black power tattooed right across the also.

1253
00:58:43,880 --> 00:58:45,400
Speaker 3: I think they're allowed to have that back?

1254
00:58:45,920 --> 00:58:46,600
Speaker 8: Are they allowed that?

1255
00:58:46,880 --> 00:58:51,840
Speaker 3: Yes? I guess your point.

1256
00:58:52,080 --> 00:58:54,360
Speaker 9: Marsia lasted quite a long time and all they wore

1257
00:58:54,520 --> 00:58:58,120
Speaker 9: was really classy suits, they didn't need patches or anything.

1258
00:58:58,240 --> 00:59:00,280
Speaker 9: So there's still pretendly a crime going on, and there's

1259
00:59:00,320 --> 00:59:02,720
Speaker 9: too plenty of crime being committed by people who are

1260
00:59:02,800 --> 00:59:05,320
Speaker 9: not in gang. So I'm not saying gangs are not

1261
00:59:05,440 --> 00:59:07,439
Speaker 9: an issue, that gangs are good for people. I don't

1262
00:59:07,480 --> 00:59:10,080
Speaker 9: think they are. But you know, this idea that we're

1263
00:59:10,160 --> 00:59:13,920
Speaker 9: sold in crime by doing things like this, it's a performance,

1264
00:59:14,040 --> 00:59:14,439
Speaker 9: not real.

1265
00:59:15,160 --> 00:59:17,520
Speaker 25: And there are enough gang member to tie up police

1266
00:59:17,560 --> 00:59:18,320
Speaker 25: time on this one.

1267
00:59:18,640 --> 00:59:19,920
Speaker 3: Yeah, you know, I do.

1268
00:59:20,560 --> 00:59:23,160
Speaker 25: I don't think they're going to mind terribly much about

1269
00:59:23,200 --> 00:59:25,960
Speaker 25: another appearance in court. You know, if for that hardened,

1270
00:59:26,080 --> 00:59:27,160
Speaker 25: that's not going to be there.

1271
00:59:27,200 --> 00:59:29,640
Speaker 3: But well, once they've done all the prospecting that earns

1272
00:59:29,680 --> 00:59:31,040
Speaker 3: them a patch, this is going to be the least

1273
00:59:31,040 --> 00:59:32,280
Speaker 3: of their worriers. I would have thought, all right, we'll

1274
00:59:32,280 --> 00:59:33,440
Speaker 3: take a break, come back to you guys, and just

1275
00:59:33,480 --> 00:59:34,800
Speaker 3: to take fourteen away from six.

1276
00:59:35,440 --> 00:59:39,120
Speaker 1: The Huddle with New Zealand Southby's International Realty elevate the

1277
00:59:39,200 --> 00:59:40,400
Speaker 1: marketing of your home.

1278
00:59:40,600 --> 00:59:42,360
Speaker 3: Back of the Huddle cleared to law and Rob Campbell. Rob,

1279
00:59:42,400 --> 00:59:44,920
Speaker 3: I see you signed that letter to the government from

1280
00:59:44,920 --> 00:59:45,680
Speaker 3: the economists.

1281
00:59:46,480 --> 00:59:48,840
Speaker 9: Yeah, it was an outstanding group of scholars wasn't it

1282
00:59:48,920 --> 00:59:50,880
Speaker 9: a heather on a new it'd be impressed.

1283
00:59:50,520 --> 00:59:54,240
Speaker 3: By Yeah, okay, so it's amazing, And I was also

1284
00:59:54,360 --> 00:59:56,760
Speaker 3: very pleased to learn that you are in fact an economist.

1285
00:59:57,240 --> 00:59:59,160
Speaker 3: So but we checked you on Wikipedia and you are,

1286
00:59:59,240 --> 01:00:01,560
Speaker 3: so you've got the credit. So what is the spending

1287
01:00:01,640 --> 01:00:02,720
Speaker 3: that you want to keep?

1288
01:00:05,120 --> 01:00:09,840
Speaker 9: Will we want to keep any productive spending on infrastructure,

1289
01:00:09,960 --> 01:00:15,760
Speaker 9: spending on supporting faro, supporting young people who require it.

1290
01:00:16,160 --> 01:00:19,360
Speaker 9: There's plenty to spend on. It needs to be spent wisely.

1291
01:00:19,520 --> 01:00:22,680
Speaker 9: It shouldn't just be a lolly scramble. So the group

1292
01:00:22,840 --> 01:00:26,360
Speaker 9: is all for discipline about the spending, but particularly spending

1293
01:00:26,440 --> 01:00:30,440
Speaker 9: on things like health and water and other infrastructure are

1294
01:00:30,480 --> 01:00:33,760
Speaker 9: really important for both for themselves and because they're only

1295
01:00:33,800 --> 01:00:37,040
Speaker 9: going to cost more further down the track, but because

1296
01:00:37,080 --> 01:00:39,920
Speaker 9: of the general impact on the economy. As we are

1297
01:00:40,040 --> 01:00:42,360
Speaker 9: in a recession and we're stuck in it and looks

1298
01:00:42,440 --> 01:00:44,800
Speaker 9: increasingly as if we're going to be in it through

1299
01:00:44,920 --> 01:00:47,840
Speaker 9: twenty twenty five, there is a role for government to

1300
01:00:47,920 --> 01:00:50,160
Speaker 9: be leaving. It needs to lead wisely. It needs to

1301
01:00:50,240 --> 01:00:53,280
Speaker 9: spend on things that actually have long term value. But

1302
01:00:53,400 --> 01:00:55,640
Speaker 9: the idea that you cut cut, cut, and that things

1303
01:00:55,720 --> 01:00:58,760
Speaker 9: eventually come right. Is one that really has been pretty

1304
01:00:58,840 --> 01:01:01,560
Speaker 9: discredited in economy is worldwide. That's all we say.

1305
01:01:01,840 --> 01:01:06,200
Speaker 3: But Rob, we have a structural deficit, so we have

1306
01:01:06,320 --> 01:01:07,040
Speaker 3: to cut spending.

1307
01:01:08,120 --> 01:01:10,000
Speaker 9: Well, what do you mean by a structural deficit? We

1308
01:01:10,080 --> 01:01:12,480
Speaker 9: have a significant government deficit.

1309
01:01:13,440 --> 01:01:16,680
Speaker 3: Deficit is where you have your revenues coming in are

1310
01:01:16,760 --> 01:01:18,720
Speaker 3: less than you are spending in expenses.

1311
01:01:19,200 --> 01:01:22,160
Speaker 9: But you're talking about you're talking simply about the government deficit.

1312
01:01:22,240 --> 01:01:26,360
Speaker 9: The government deficit in New Zealand is significant historically for

1313
01:01:26,440 --> 01:01:29,640
Speaker 9: New Zealand, but it is not very large in global terms,

1314
01:01:29,680 --> 01:01:32,400
Speaker 9: and it's not the most significant issue that we face

1315
01:01:32,440 --> 01:01:33,360
Speaker 9: at the present.

1316
01:01:33,160 --> 01:01:35,720
Speaker 3: Time all the time.

1317
01:01:36,200 --> 01:01:38,720
Speaker 9: The much bigger problem is the deficit in terms of

1318
01:01:39,040 --> 01:01:42,760
Speaker 9: our position visa v. Offshore, which is largely driven by

1319
01:01:42,880 --> 01:01:45,120
Speaker 9: the private sector rather than the government sector.

1320
01:01:45,760 --> 01:01:47,880
Speaker 4: That's that people do not understanding.

1321
01:01:50,280 --> 01:01:53,040
Speaker 3: But so you think, as an economist, which I'm not,

1322
01:01:53,600 --> 01:01:56,560
Speaker 3: you think it is okay to spend more every single

1323
01:01:56,680 --> 01:01:59,040
Speaker 3: year than you bring in in tax revenue.

1324
01:02:01,240 --> 01:02:04,120
Speaker 9: In the circumstances we're in at the moment. Yes, from

1325
01:02:04,160 --> 01:02:06,720
Speaker 9: a government point of view, that is perfectly sensible, and

1326
01:02:06,920 --> 01:02:10,080
Speaker 9: in doing so you can actually assist to upset the

1327
01:02:10,480 --> 01:02:13,600
Speaker 9: balance of payment side of that, the external deficits that

1328
01:02:13,760 --> 01:02:17,480
Speaker 9: are important and which are largely driven by the private sector,

1329
01:02:17,880 --> 01:02:20,720
Speaker 9: you don't you don't solve that by cutting back on

1330
01:02:20,760 --> 01:02:24,600
Speaker 9: what the government spends, allowing pressures to build up for

1331
01:02:24,840 --> 01:02:29,120
Speaker 9: future investment, and at the same time increasing the private

1332
01:02:29,680 --> 01:02:34,120
Speaker 9: borrowings visa b what's coming into the country. So there's

1333
01:02:34,160 --> 01:02:37,840
Speaker 9: a very sort of very low level understanding of what's involved.

1334
01:02:37,480 --> 01:02:40,000
Speaker 3: In Okay, now, Claire, I know you're not an economist,

1335
01:02:40,160 --> 01:02:41,880
Speaker 3: but do you have have you just about to say

1336
01:02:41,960 --> 01:02:46,600
Speaker 3: that from a taxpayer, then come out it from a

1337
01:02:46,680 --> 01:02:47,800
Speaker 3: taxpayers perspective?

1338
01:02:47,880 --> 01:02:48,400
Speaker 4: What are you wear?

1339
01:02:49,000 --> 01:02:49,200
Speaker 9: Yeah?

1340
01:02:49,280 --> 01:02:52,120
Speaker 25: Coming at it from a taxpayer perspective, I would say,

1341
01:02:52,320 --> 01:02:54,760
Speaker 25: of course, if you lock take you know, like our

1342
01:02:54,800 --> 01:02:58,800
Speaker 25: biggest spend is I think it is a bottomless pit

1343
01:02:59,200 --> 01:03:01,360
Speaker 25: and we could keep growing more and more money in there.

1344
01:03:02,080 --> 01:03:04,320
Speaker 25: I do think that, you know, when you look at

1345
01:03:04,320 --> 01:03:06,480
Speaker 25: the money that was allocated for mental health a few

1346
01:03:06,560 --> 01:03:09,520
Speaker 25: years ago, there was nothing really to show for it,

1347
01:03:09,680 --> 01:03:12,920
Speaker 25: and that was hugely disappointing to those of us who

1348
01:03:13,000 --> 01:03:14,960
Speaker 25: had really sort of been hoping that that could be

1349
01:03:15,000 --> 01:03:18,320
Speaker 25: a breakthrough. On the other hand, I do wonder how

1350
01:03:18,400 --> 01:03:21,760
Speaker 25: much more we can keep cutting in the so called

1351
01:03:21,800 --> 01:03:25,000
Speaker 25: backrooms without it affecting the front line. And the front line,

1352
01:03:25,080 --> 01:03:29,560
Speaker 25: you know, it does depend on a back So you're

1353
01:03:29,640 --> 01:03:30,960
Speaker 25: just going to have to We're just going to have

1354
01:03:31,000 --> 01:03:32,960
Speaker 25: to wait. And I don't sink the government's going to

1355
01:03:33,040 --> 01:03:35,000
Speaker 25: listen to you, Rob. I think the government at the

1356
01:03:35,040 --> 01:03:37,440
Speaker 25: moment has got its fingers and its airs. It's put

1357
01:03:37,480 --> 01:03:40,200
Speaker 25: an awful lot of hope on a few people who

1358
01:03:40,280 --> 01:03:43,280
Speaker 25: are who they see is key to changing not just

1359
01:03:43,440 --> 01:03:48,680
Speaker 25: health but all aspects of a public sector, and they're

1360
01:03:48,840 --> 01:03:51,240
Speaker 25: going full steam ahead. It kind of reminds me at

1361
01:03:51,240 --> 01:03:54,560
Speaker 25: this intervention today of when David LONGI, you know, in

1362
01:03:55,000 --> 01:03:57,120
Speaker 25: eighty five, you know, said it's time for a cup

1363
01:03:57,160 --> 01:04:00,400
Speaker 25: of tea, when he was trying to stop the roller

1364
01:04:00,440 --> 01:04:00,880
Speaker 25: coaster of.

1365
01:04:00,920 --> 01:04:03,800
Speaker 8: Rogeromics, the newer part of those reforms. To Rob, you know,

1366
01:04:04,080 --> 01:04:06,280
Speaker 8: it's it's one of those things.

1367
01:04:07,360 --> 01:04:10,000
Speaker 25: Their philosophy has push your head as fast as you can,

1368
01:04:10,560 --> 01:04:12,080
Speaker 25: which is what Rogerson said.

1369
01:04:12,400 --> 01:04:14,680
Speaker 3: They're not pushing your head fast enough. Clear by Robert

1370
01:04:14,720 --> 01:04:17,560
Speaker 3: McCullough standards, but that was his. Yeah, yeah, that.

1371
01:04:19,040 --> 01:04:20,200
Speaker 8: Dogas's philosoph We've got.

1372
01:04:20,120 --> 01:04:21,720
Speaker 3: To leave it the extending to run out of time. Listen,

1373
01:04:21,720 --> 01:04:23,520
Speaker 3: I appreciate the pair of you. Thanks so much, as

1374
01:04:23,560 --> 01:04:25,320
Speaker 3: clear to Law and Rob Campbell a huddle this evening,

1375
01:04:25,400 --> 01:04:27,640
Speaker 3: seven away from six, Red or.

1376
01:04:27,640 --> 01:04:31,080
Speaker 1: Blue, Trump or Harris? Who will win the battleground states?

1377
01:04:31,200 --> 01:04:34,439
Speaker 1: The latest on the US election. It's Heather Duplicy Alan

1378
01:04:34,560 --> 01:04:37,080
Speaker 1: Drive with one New Zealand let's get.

1379
01:04:36,920 --> 01:04:37,640
Speaker 2: Connected US.

1380
01:04:41,600 --> 01:04:44,200
Speaker 3: Five away from six now, Benjamin Doyle, who is the

1381
01:04:44,320 --> 01:04:48,160
Speaker 3: new Benjamin is the new Darline. Benjamin is doing their

1382
01:04:48,200 --> 01:04:50,760
Speaker 3: maiden speech at the moment in Parliament, and and we're

1383
01:04:50,800 --> 01:04:53,760
Speaker 3: all across that. So if and when Benjamin sees something interesting,

1384
01:04:53,800 --> 01:04:56,480
Speaker 3: which undoubtedly is going to be the case, we will

1385
01:04:56,480 --> 01:04:57,680
Speaker 3: bring it to you so that you can be all

1386
01:04:57,720 --> 01:05:01,640
Speaker 3: across who your new MP is. Okay, yesterday I was

1387
01:05:01,680 --> 01:05:07,720
Speaker 3: telling you about oh gosh, yeah, I'm getting a lot

1388
01:05:07,760 --> 01:05:11,280
Speaker 3: of texts on Rob's Rob's idea, Robs and Ganeshes and

1389
01:05:11,560 --> 01:05:14,560
Speaker 3: you know, everybody else's idea. That the Economist's letter. So

1390
01:05:14,600 --> 01:05:16,520
Speaker 3: I'm gonna get you those texts in the tech I

1391
01:05:16,600 --> 01:05:18,920
Speaker 3: was telling you yesterday about Jaguar, right, this is the

1392
01:05:19,040 --> 01:05:21,640
Speaker 3: car maker and how they're doing the rebrand and how

1393
01:05:21,640 --> 01:05:23,680
Speaker 3: they're getting rid of the growling cat logo and they're

1394
01:05:23,720 --> 01:05:25,440
Speaker 3: replacing it with a circle. And I thought it was

1395
01:05:25,480 --> 01:05:27,280
Speaker 3: a hanging jay and then a standing up jay, but

1396
01:05:27,320 --> 01:05:29,560
Speaker 3: actually it's a hanging jay in an l on a

1397
01:05:29,640 --> 01:05:31,480
Speaker 3: bronze background. Anyway, never mind, go and have a look

1398
01:05:31,480 --> 01:05:34,040
Speaker 3: at it's rubbish. But anyway, because the growling cat is

1399
01:05:34,080 --> 01:05:37,160
Speaker 3: so iconic. Anyway, never mind, Boy are they copping grief

1400
01:05:37,200 --> 01:05:41,320
Speaker 3: for this rebrand at the moment, because have you seen

1401
01:05:41,400 --> 01:05:44,240
Speaker 3: the ad that goes with it. They have put it

1402
01:05:44,280 --> 01:05:47,680
Speaker 3: out a video and add like a video ad obviously,

1403
01:05:47,720 --> 01:05:50,240
Speaker 3: and as you do that, popped it up on social media.

1404
01:05:50,840 --> 01:05:52,760
Speaker 3: And you would not know from looking at this thing

1405
01:05:52,800 --> 01:05:55,120
Speaker 3: that these people sell cars, because there is literally not

1406
01:05:55,240 --> 01:05:58,320
Speaker 3: a single car in the thirty second video. What you

1407
01:05:58,440 --> 01:06:02,280
Speaker 3: see instead is a group of people in bright outfits,

1408
01:06:02,360 --> 01:06:04,600
Speaker 3: like really weird wacky outfits, like some sort of like

1409
01:06:04,600 --> 01:06:08,280
Speaker 3: a dystopian Martian thing, and they've got these bright colors

1410
01:06:08,320 --> 01:06:10,240
Speaker 3: on bright block colors, and they've got these kind of

1411
01:06:10,360 --> 01:06:15,080
Speaker 3: like weird angular haircuts and very strange androgynous makeup, and

1412
01:06:15,240 --> 01:06:16,960
Speaker 3: they all like they're doing things and then at the

1413
01:06:17,040 --> 01:06:18,840
Speaker 3: end they will sit on a rock together. Now, what

1414
01:06:19,040 --> 01:06:21,480
Speaker 3: that says I'm selling you? That does not say I'm

1415
01:06:21,480 --> 01:06:23,640
Speaker 3: selling you a car, does it? It just says we're

1416
01:06:23,640 --> 01:06:26,520
Speaker 3: a bunch of weird people. Look at us anyway. Elon

1417
01:06:26,680 --> 01:06:30,360
Speaker 3: Musk then tweeted them do you sell cars, which was

1418
01:06:30,400 --> 01:06:33,120
Speaker 3: on point. Now it looks like what JAG is trouble.

1419
01:06:33,280 --> 01:06:34,760
Speaker 3: We're starting to give an idea of what's going on

1420
01:06:34,840 --> 01:06:38,600
Speaker 3: because JAG is moving exclusively into electric vehicles now. And

1421
01:06:38,720 --> 01:06:40,120
Speaker 3: what they're trying to do is they're trying to get

1422
01:06:40,160 --> 01:06:43,240
Speaker 3: rid of the old man audience that loves an e type. Right,

1423
01:06:43,280 --> 01:06:45,160
Speaker 3: They're like, we don't want you any more. You're weird

1424
01:06:45,200 --> 01:06:48,160
Speaker 3: old men. What we want is hep young people instead.

1425
01:06:48,800 --> 01:06:51,560
Speaker 3: So good luck to them because it looks weird news

1426
01:06:51,600 --> 01:06:53,200
Speaker 3: tools they'd beat, hey.

1427
01:06:54,800 --> 01:06:57,080
Speaker 2: Are you being pragg of where the money is flowing?

1428
01:06:57,160 --> 01:07:00,200
Speaker 1: With a business hour with him and duplessy Elm and

1429
01:07:00,600 --> 01:07:02,560
Speaker 1: my hr on NEWSTALKSV.

1430
01:07:04,120 --> 01:07:06,320
Speaker 3: Hey, we've got a Reserve Bank decision next week and

1431
01:07:06,360 --> 01:07:08,200
Speaker 3: what they're going to do with the ocr it's obviously

1432
01:07:08,240 --> 01:07:09,680
Speaker 3: a cut. Just how much we're going to talk to

1433
01:07:09,720 --> 01:07:12,200
Speaker 3: Liam Dan about what they're looking at. Denmark has just

1434
01:07:12,320 --> 01:07:15,280
Speaker 3: agreed to implement a fart tax on the farmers. Jamie

1435
01:07:15,320 --> 01:07:18,600
Speaker 3: McKay on that and in Vidia's revenue has almost doubled

1436
01:07:18,680 --> 01:07:20,560
Speaker 3: for the year. So Sam Dicky will talk us through

1437
01:07:20,600 --> 01:07:22,520
Speaker 3: that right now at seven past six. Now, as you know,

1438
01:07:23,120 --> 01:07:25,400
Speaker 3: a bunch of big Australian owned banks are copying it

1439
01:07:25,440 --> 01:07:27,560
Speaker 3: at the moment for forcing dairy farmers to drop their

1440
01:07:27,600 --> 01:07:30,560
Speaker 3: climate emissions. And what makes the situation worse is that

1441
01:07:30,760 --> 01:07:33,520
Speaker 3: our key, we dairy farmers, have to go lower than

1442
01:07:33,560 --> 01:07:37,480
Speaker 3: Australian dairy farmers. And what makes that even worse in

1443
01:07:37,600 --> 01:07:40,640
Speaker 3: Westpac's case is that Westpac is making money themselves off

1444
01:07:40,720 --> 01:07:44,480
Speaker 3: investing in climate destroying industries. And west Pax chief executive

1445
01:07:44,560 --> 01:07:48,120
Speaker 3: Katherine McGrath's with us. Hey, Catherine, hi, Heather, thank you

1446
01:07:48,280 --> 01:07:50,960
Speaker 3: very much for your time this evening. Why are you

1447
01:07:51,120 --> 01:07:53,480
Speaker 3: being tougher on our dairy farmers than you are on

1448
01:07:53,560 --> 01:07:54,600
Speaker 3: the Aussie dairy farmers.

1449
01:07:56,200 --> 01:07:57,800
Speaker 8: So the first thing we know is that our New

1450
01:07:57,880 --> 01:07:59,959
Speaker 8: Zealand farmers are some of the best in the world

1451
01:08:00,280 --> 01:08:02,560
Speaker 8: and we're some of the most efficient in our production.

1452
01:08:03,240 --> 01:08:05,640
Speaker 8: And so that means the target that we've put at

1453
01:08:05,640 --> 01:08:10,040
Speaker 8: a portfolio level as a not for individual farmers is

1454
01:08:10,120 --> 01:08:13,680
Speaker 8: actually smaller than the target that's been put in place

1455
01:08:13,720 --> 01:08:16,479
Speaker 8: at a portfolio level in Australia. And that's reflecting how

1456
01:08:16,560 --> 01:08:18,280
Speaker 8: good our farmers are today already.

1457
01:08:18,280 --> 01:08:20,360
Speaker 3: As in you're asking them to go lower than the

1458
01:08:20,400 --> 01:08:21,960
Speaker 3: Australians because they are so good.

1459
01:08:23,479 --> 01:08:26,240
Speaker 8: There is a less of a reduction on the total

1460
01:08:26,320 --> 01:08:29,320
Speaker 8: portfolio of agri in New Zealand because we start in

1461
01:08:29,400 --> 01:08:30,920
Speaker 8: a better place than the Australians do.

1462
01:08:31,040 --> 01:08:32,760
Speaker 3: Cool, But why don't you level the field because it's

1463
01:08:32,800 --> 01:08:35,760
Speaker 3: one climate. I mean, if you want, let's say you're

1464
01:08:35,760 --> 01:08:37,920
Speaker 3: taking the Australians to zero point eight five, why not

1465
01:08:38,040 --> 01:08:40,519
Speaker 3: let the key We's go to zero point eight five

1466
01:08:40,520 --> 01:08:40,840
Speaker 3: as well.

1467
01:08:41,880 --> 01:08:44,000
Speaker 8: The way we're looking at it is eighty percent of

1468
01:08:44,080 --> 01:08:47,080
Speaker 8: the markets that our farmers export to either have or

1469
01:08:47,160 --> 01:08:51,320
Speaker 8: about to have mandatory emissions disclosures. And we know that

1470
01:08:51,400 --> 01:08:53,439
Speaker 8: we want Kiwi products to be at the top of

1471
01:08:53,479 --> 01:08:56,360
Speaker 8: the list and so therefore us putting skin in the

1472
01:08:56,439 --> 01:08:59,800
Speaker 8: game through having a sustainable farm loan is helping our

1473
01:08:59,840 --> 01:09:02,599
Speaker 8: k We farmers to make that transition better and faster.

1474
01:09:03,080 --> 01:09:05,599
Speaker 8: And it's really interesting that forty three percent of our

1475
01:09:05,680 --> 01:09:09,000
Speaker 8: lending in less than eighteen months is on a product

1476
01:09:09,040 --> 01:09:11,960
Speaker 8: which farmers have chosen to go on to to make

1477
01:09:12,040 --> 01:09:14,679
Speaker 8: their farm even more sustainable. So I think our farmers

1478
01:09:14,760 --> 01:09:15,720
Speaker 8: are voting with their feet.

1479
01:09:15,880 --> 01:09:17,200
Speaker 3: Which markets are you talking about?

1480
01:09:19,360 --> 01:09:22,360
Speaker 8: The export markets that we've got around the world, UK,

1481
01:09:22,880 --> 01:09:26,280
Speaker 8: Europe eighty eighty percent of all of our export.

1482
01:09:25,960 --> 01:09:29,280
Speaker 3: Markets the UK and Europe and which other ones?

1483
01:09:29,520 --> 01:09:31,800
Speaker 8: I haven't got a full list of them. Because eighty

1484
01:09:31,800 --> 01:09:34,439
Speaker 8: percent of the markets that our export product are going

1485
01:09:34,560 --> 01:09:40,560
Speaker 8: to are interested in emissions. Everybody's catherine, so what but

1486
01:09:40,640 --> 01:09:43,439
Speaker 8: that they're measuring it and so our jobs.

1487
01:09:43,240 --> 01:09:44,600
Speaker 3: And are they punishing us for it?

1488
01:09:45,760 --> 01:09:49,200
Speaker 8: Our job is to help our farmers. Our products are

1489
01:09:49,280 --> 01:09:50,519
Speaker 8: always at the top of the list.

1490
01:09:50,600 --> 01:09:53,600
Speaker 3: Are those markets all going to punish us if they

1491
01:09:53,640 --> 01:09:54,599
Speaker 3: don't see enough change?

1492
01:09:56,200 --> 01:09:59,240
Speaker 8: Or is it just markets are saying? So what those

1493
01:09:59,320 --> 01:10:01,560
Speaker 8: markets are saying as though they want to understand the

1494
01:10:01,600 --> 01:10:05,320
Speaker 8: omission intensity of the products that are being produced. And

1495
01:10:05,400 --> 01:10:08,000
Speaker 8: there's no puns growing from west hold on. There's no

1496
01:10:08,120 --> 01:10:11,760
Speaker 8: punishment going from Westpac to our farmers. Actually, Westpac is

1497
01:10:11,840 --> 01:10:14,639
Speaker 8: putting skin in the game and for farmers that want

1498
01:10:14,680 --> 01:10:18,400
Speaker 8: to do a sustainable lending product, then we're actually giving

1499
01:10:18,439 --> 01:10:21,160
Speaker 8: them an interest rates discount. And so I think we're

1500
01:10:21,200 --> 01:10:23,719
Speaker 8: doing a great job at supporting Kiwi farmers.

1501
01:10:24,120 --> 01:10:26,760
Speaker 3: I'm just the reason I'm picking you up on that

1502
01:10:27,080 --> 01:10:29,800
Speaker 3: is because this stuff gets thrown around a lot and

1503
01:10:29,960 --> 01:10:32,720
Speaker 3: it is not always strictly true what is being said here,

1504
01:10:32,760 --> 01:10:34,800
Speaker 3: and it's been catastrophized to a point that I think

1505
01:10:34,880 --> 01:10:38,639
Speaker 3: is unfair on farmers. Why, okay, why are you? Why

1506
01:10:38,720 --> 01:10:41,040
Speaker 3: do you think it's even the bank's place to be

1507
01:10:41,160 --> 01:10:43,559
Speaker 3: the climate police on these guys. If they really care

1508
01:10:43,600 --> 01:10:45,719
Speaker 3: about retaining markets, they could do it themselves.

1509
01:10:47,240 --> 01:10:50,639
Speaker 8: So one, I don't think we're being the climate police

1510
01:10:50,800 --> 01:10:54,439
Speaker 8: at all, but we recognize that export markets are changing,

1511
01:10:55,080 --> 01:10:57,920
Speaker 8: and we're saying we're there to support our farmers and

1512
01:10:58,040 --> 01:11:00,800
Speaker 8: helping to make them resilient for the longer term. So

1513
01:11:00,960 --> 01:11:04,000
Speaker 8: by putting in place things like the Sustainable Farm Loan

1514
01:11:04,439 --> 01:11:07,080
Speaker 8: that our farmers can say we're interested in, we want

1515
01:11:07,160 --> 01:11:09,360
Speaker 8: to do it, we're signing up to our own plan.

1516
01:11:09,680 --> 01:11:12,920
Speaker 8: You're giving us a discount. I think that's exactly the

1517
01:11:13,000 --> 01:11:15,400
Speaker 8: sort of thing that we should be doing to help

1518
01:11:15,560 --> 01:11:18,320
Speaker 8: our farmers do what they've been doing for years, but

1519
01:11:18,520 --> 01:11:20,799
Speaker 8: do even more as the markets change.

1520
01:11:21,360 --> 01:11:24,120
Speaker 3: So Catherine, you're going to offer them a discount if

1521
01:11:24,120 --> 01:11:26,439
Speaker 3: they hit the target that you've set. What if they

1522
01:11:26,479 --> 01:11:27,880
Speaker 3: come to you and they go, actually, now I'm not

1523
01:11:28,000 --> 01:11:30,240
Speaker 3: interested I'll just take the standard rate and I'm just

1524
01:11:30,320 --> 01:11:32,439
Speaker 3: going to do all of the climbing ahibitions. I feel like,

1525
01:11:32,640 --> 01:11:33,320
Speaker 3: are you cool with that?

1526
01:11:34,720 --> 01:11:37,240
Speaker 8: So we're very So what we're doing with our farmers

1527
01:11:37,479 --> 01:11:40,240
Speaker 8: is for those that do want to take the sustainable

1528
01:11:40,320 --> 01:11:42,200
Speaker 8: farm loan that has a discount, we give them that

1529
01:11:42,320 --> 01:11:45,439
Speaker 8: discount upfront and they've got a couple of years to

1530
01:11:45,520 --> 01:11:47,360
Speaker 8: put in place the changes that they want to put

1531
01:11:47,400 --> 01:11:49,640
Speaker 8: in place. So I think that's a really good thing

1532
01:11:50,040 --> 01:11:52,519
Speaker 8: for our farmers who aren't wanting to do anything about

1533
01:11:52,560 --> 01:11:55,559
Speaker 8: that their lending continues as it has done, so there

1534
01:11:55,680 --> 01:11:59,400
Speaker 8: is no punishment happening. There is support, and there's support

1535
01:11:59,479 --> 01:12:01,800
Speaker 8: to help our farmers be resilient in the longer term.

1536
01:12:01,960 --> 01:12:06,439
Speaker 3: And does that lending. Does that lending extend beyond twenty thirty?

1537
01:12:06,560 --> 01:12:08,600
Speaker 3: So if twenty thirty one comes round and they're like,

1538
01:12:08,680 --> 01:12:11,000
Speaker 3: I just I'm just doing everything for the climate that

1539
01:12:11,200 --> 01:12:12,640
Speaker 3: I don't care, you're cool with that.

1540
01:12:14,680 --> 01:12:17,040
Speaker 8: I haven't got the figure in my head in terms

1541
01:12:17,080 --> 01:12:19,599
Speaker 8: of how long some of our farming loans are.

1542
01:12:20,160 --> 01:12:21,960
Speaker 3: But well, I'm asking you because you have a twenty

1543
01:12:22,040 --> 01:12:25,120
Speaker 3: thirty target, so beyond twenty thirty, are you still going

1544
01:12:25,160 --> 01:12:27,479
Speaker 3: to take a hands off approach with farmers who don't

1545
01:12:27,520 --> 01:12:29,360
Speaker 3: care about the climate and want to do everything that

1546
01:12:29,400 --> 01:12:31,400
Speaker 3: they want to, you will continue to lend to them.

1547
01:12:32,120 --> 01:12:35,160
Speaker 8: We want to continue to grow agribook, and we're really

1548
01:12:35,240 --> 01:12:37,800
Speaker 8: confident that New Zealand farmers want to continue to have

1549
01:12:37,920 --> 01:12:39,840
Speaker 8: their products very viable.

1550
01:12:39,600 --> 01:12:40,280
Speaker 9: In the longer term.

1551
01:12:40,400 --> 01:12:43,559
Speaker 8: That didn't we want to port that sector. I don't

1552
01:12:43,640 --> 01:12:45,479
Speaker 8: know what the Bank's going to decide to do in

1553
01:12:45,600 --> 01:12:48,640
Speaker 8: twenty thirty, but I am very clear that we are

1554
01:12:48,760 --> 01:12:52,040
Speaker 8: supporting farmers by stepping in and helping them when they

1555
01:12:52,120 --> 01:12:54,080
Speaker 8: want to be helped. If they don't want to be helped,

1556
01:12:54,160 --> 01:12:57,200
Speaker 8: we continue to bank them. Secondly, that we're seeing great

1557
01:12:57,280 --> 01:13:00,160
Speaker 8: take up of a product, that's indicating to me that

1558
01:13:00,320 --> 01:13:02,559
Speaker 8: farmers are voting with their feet and this is something

1559
01:13:02,600 --> 01:13:04,960
Speaker 8: they want to do. If you'd asked me whether we'd

1560
01:13:05,000 --> 01:13:07,439
Speaker 8: have had forty three percent of our lending on a

1561
01:13:07,520 --> 01:13:10,720
Speaker 8: sustainable farm loan eighteen months after launching it, I would

1562
01:13:10,760 --> 01:13:13,000
Speaker 8: have told the team they were being too optimistic. So

1563
01:13:13,080 --> 01:13:16,120
Speaker 8: there's a great appetite for it amongst our farming customers.

1564
01:13:16,439 --> 01:13:19,840
Speaker 3: Are you guys hypocrites because you are doing you're asking

1565
01:13:19,960 --> 01:13:22,760
Speaker 3: farmers to do all of these things, and yet you

1566
01:13:22,920 --> 01:13:26,240
Speaker 3: yourselves are investing nine billion dollars in fossil fueld industries,

1567
01:13:26,280 --> 01:13:29,640
Speaker 3: which is, let's understand this, you are funding those businesses.

1568
01:13:31,439 --> 01:13:35,000
Speaker 8: So firstly, we're not hypocritical at all. Westpac New Zealand

1569
01:13:35,080 --> 01:13:37,559
Speaker 8: is a separate business to Westpac Group and our fossil

1570
01:13:37,600 --> 01:13:40,720
Speaker 8: fuel money exposure is relatively low at one hundred and

1571
01:13:40,800 --> 01:13:44,679
Speaker 8: ninety three million and falling. But irrespective of which sector,

1572
01:13:44,880 --> 01:13:48,680
Speaker 8: we're focused on supporting existing customers to transition and that

1573
01:13:48,840 --> 01:13:52,839
Speaker 8: applies whether it's for fossil fuel customers or agri customers.

1574
01:13:52,920 --> 01:13:55,920
Speaker 8: And we're doing great work with homeowners too. If they

1575
01:13:56,000 --> 01:13:58,320
Speaker 8: want to do things to make their home more resilient

1576
01:13:58,400 --> 01:14:01,040
Speaker 8: to climate there's a great pot that we have which

1577
01:14:01,120 --> 01:14:05,080
Speaker 8: means that they can get you know, lending currently at

1578
01:14:05,200 --> 01:14:08,680
Speaker 8: zero percent to help them make those decisions. And so

1579
01:14:08,800 --> 01:14:10,720
Speaker 8: our view as we need to have some skin in

1580
01:14:10,760 --> 01:14:13,640
Speaker 8: the game, which we do across almost every sector that

1581
01:14:13,720 --> 01:14:14,240
Speaker 8: we support.

1582
01:14:14,439 --> 01:14:16,720
Speaker 3: Okay, Catherine, thank you. I know you don't give a

1583
01:14:16,720 --> 01:14:18,640
Speaker 3: lot of interviews, so I really appreciate you coming on

1584
01:14:18,680 --> 01:14:20,519
Speaker 3: the show and talking to us. I appreciate your time.

1585
01:14:20,560 --> 01:14:23,000
Speaker 3: That's Katherine McGrath, Chief executive at Westpac.

1586
01:14:23,400 --> 01:14:25,200
Speaker 2: Together do for see elis okay.

1587
01:14:25,280 --> 01:14:28,320
Speaker 3: So here's your new MP, Benjamin Doyle, who has replaced

1588
01:14:28,439 --> 01:14:29,200
Speaker 3: Darlene Tanner.

1589
01:14:30,040 --> 01:14:33,760
Speaker 18: The Earth is a great teacher. It is not too

1590
01:14:33,920 --> 01:14:38,519
Speaker 18: late to learn from her, to humble ourselves to her wisdom.

1591
01:14:38,920 --> 01:14:43,439
Speaker 18: That like the river, we must flow and adapt. That

1592
01:14:43,720 --> 01:14:47,920
Speaker 18: like the birds we must rise, we must sing. That

1593
01:14:48,280 --> 01:14:54,680
Speaker 18: like the forest, we must freethe I feel.

1594
01:14:54,520 --> 01:14:56,840
Speaker 3: Like they would be a great yoga teacher, don't you think?

1595
01:14:56,880 --> 01:15:00,560
Speaker 3: I feel like they've missed their calling or alternatively, is

1596
01:15:00,560 --> 01:15:01,920
Speaker 3: a job going at Westpac for them?

1597
01:15:02,000 --> 01:15:06,640
Speaker 1: Quarter past analysis from the experts, bringing you everything you

1598
01:15:06,720 --> 01:15:09,360
Speaker 1: need to know on the US election. It's the Business

1599
01:15:09,479 --> 01:15:13,439
Speaker 1: Hour with Heather Duplicy, Allen and Myhr Ehr solution for

1600
01:15:13,560 --> 01:15:15,200
Speaker 1: busy SMEs used talks.

1601
01:15:15,200 --> 01:15:15,559
Speaker 9: They'd be.

1602
01:15:18,160 --> 01:15:21,320
Speaker 3: Heather, Benjamin sounds like they may also be job interviewing

1603
01:15:21,360 --> 01:15:23,479
Speaker 3: at the Reserve Bank. This is a fair point eighteen

1604
01:15:23,600 --> 01:15:26,600
Speaker 3: past six now the Reserve Bank, speaking of which it

1605
01:15:26,680 --> 01:15:27,880
Speaker 3: is going to meet for the last time this se

1606
01:15:27,920 --> 01:15:29,800
Speaker 3: year next week to review the official cash rate, and

1607
01:15:29,840 --> 01:15:32,800
Speaker 3: most economists are now picking a cut of fifty basis points.

1608
01:15:32,880 --> 01:15:35,040
Speaker 3: Liam dan is The Herald's Business editor at large, Alm

1609
01:15:35,760 --> 01:15:38,479
Speaker 3: good A Heather's seventy five basis points off the cards,

1610
01:15:38,520 --> 01:15:40,519
Speaker 3: now A does.

1611
01:15:40,439 --> 01:15:40,920
Speaker 4: Seem to be.

1612
01:15:41,120 --> 01:15:43,640
Speaker 26: Yeah, like I think we mentioned last week, you know,

1613
01:15:44,280 --> 01:15:47,760
Speaker 26: I conceived some logic for getting down to where we're

1614
01:15:47,800 --> 01:15:48,479
Speaker 26: going fast.

1615
01:15:48,600 --> 01:15:50,960
Speaker 4: But I think that the consensus is that the.

1616
01:15:51,000 --> 01:15:53,559
Speaker 26: Economy, just some of some of the economic data that's

1617
01:15:53,600 --> 01:15:57,000
Speaker 26: coming in the past three or four weeks at unemployment

1618
01:15:57,120 --> 01:15:59,840
Speaker 26: not being quite as bad as expected, things suggest that

1619
01:16:00,439 --> 01:16:03,320
Speaker 26: fifty you know, is sort of a big cut. Really

1620
01:16:03,439 --> 01:16:06,880
Speaker 26: seventy five is slightly panic cut, and so you know,

1621
01:16:06,880 --> 01:16:08,719
Speaker 26: you wouldn't want to send a message that we're panicking

1622
01:16:08,840 --> 01:16:09,799
Speaker 26: or that there was a crisis.

1623
01:16:10,680 --> 01:16:11,679
Speaker 4: So that's the odds.

1624
01:16:11,720 --> 01:16:14,360
Speaker 26: But it is the big monetary policy statement, this one.

1625
01:16:14,439 --> 01:16:16,880
Speaker 4: So this is the one where we get all the documents.

1626
01:16:16,439 --> 01:16:18,640
Speaker 26: In the forecast. So there'll be actually a lot of

1627
01:16:18,680 --> 01:16:21,479
Speaker 26: interest in you know, because Okay, we know that we're

1628
01:16:21,520 --> 01:16:24,439
Speaker 26: going to cut down to four point twenty five, what next,

1629
01:16:24,920 --> 01:16:26,080
Speaker 26: Where are we going next year?

1630
01:16:26,439 --> 01:16:27,920
Speaker 4: How low is this going to end up?

1631
01:16:28,640 --> 01:16:30,040
Speaker 26: Those are things that we're going to be looking for,

1632
01:16:30,280 --> 01:16:30,599
Speaker 26: I guess.

1633
01:16:30,680 --> 01:16:34,960
Speaker 4: So you know, as much as you've had.

1634
01:16:34,840 --> 01:16:36,400
Speaker 26: Some views on this in the past, as much as

1635
01:16:36,400 --> 01:16:39,679
Speaker 26: we can trust trust the Reserve banks forecast for where

1636
01:16:39,680 --> 01:16:41,080
Speaker 26: they're going, I guess is the issue.

1637
01:16:41,200 --> 01:16:44,840
Speaker 3: The thing is, though, Liam, I mean, the employment numbers

1638
01:16:44,840 --> 01:16:46,280
Speaker 3: seem to be holding up quite well, but then you

1639
01:16:46,360 --> 01:16:49,360
Speaker 3: listen to Treasury and they are revising what's going to

1640
01:16:49,360 --> 01:16:52,160
Speaker 3: happen with the government's fiscal situation, and it's like way

1641
01:16:52,240 --> 01:16:54,320
Speaker 3: worse than they thought, so they've got to take that

1642
01:16:54,360 --> 01:16:55,200
Speaker 3: into account as well.

1643
01:16:56,040 --> 01:16:58,479
Speaker 26: Yeah, that looks pretty rough, and I mean activity isn't

1644
01:16:58,520 --> 01:16:59,920
Speaker 26: expected to pick up that fast.

1645
01:17:00,040 --> 01:17:00,559
Speaker 9: That's the trouble.

1646
01:17:00,600 --> 01:17:03,040
Speaker 26: It's you know, this survived to twenty five thing. Well,

1647
01:17:04,000 --> 01:17:07,720
Speaker 26: A and Z had some quarterly forecasts out earlier in

1648
01:17:07,800 --> 01:17:10,839
Speaker 26: the week, and you know they're talking about the recovery.

1649
01:17:10,920 --> 01:17:13,360
Speaker 26: Really is this from the second half of twenty twenty

1650
01:17:13,439 --> 01:17:16,280
Speaker 26: five and it might be all up only about one

1651
01:17:16,320 --> 01:17:19,719
Speaker 26: point one percent growth next year, which is pretty anemic.

1652
01:17:19,800 --> 01:17:22,000
Speaker 26: I mean, you know, sure, it's good to have growth.

1653
01:17:22,040 --> 01:17:25,680
Speaker 26: We've had had basically a year of recession. But you know,

1654
01:17:25,760 --> 01:17:30,120
Speaker 26: if you're expecting an economic boom coming, you're going to

1655
01:17:30,160 --> 01:17:32,679
Speaker 26: be disappointed. So it doesn't you know, they're their forecasts

1656
01:17:33,280 --> 01:17:35,439
Speaker 26: that there are some good things happening. There's some strong

1657
01:17:35,560 --> 01:17:37,519
Speaker 26: dairy prices and all that sort of stuff, but that

1658
01:17:37,600 --> 01:17:40,320
Speaker 26: takes a while to get through the economy, so you know,

1659
01:17:40,439 --> 01:17:42,759
Speaker 26: it's not doesn't all suddenly come right after the summer

1660
01:17:42,800 --> 01:17:45,479
Speaker 26: and that of course, as Treasury will be. They're sort

1661
01:17:45,479 --> 01:17:48,400
Speaker 26: of prepping us, i think, for the HAIFU for the

1662
01:17:48,439 --> 01:17:51,760
Speaker 26: half year accounts with a speech basically letting us know

1663
01:17:51,880 --> 01:17:55,000
Speaker 26: that it's not booking and that doesn't it means the

1664
01:17:55,120 --> 01:17:57,720
Speaker 26: text take is not going to be fantastic, and so yeah,

1665
01:17:58,120 --> 01:18:00,479
Speaker 26: you've got a factor all that in. But yeah, I

1666
01:18:00,560 --> 01:18:03,400
Speaker 26: think we're going to see them cat fifty and maybe

1667
01:18:03,479 --> 01:18:06,679
Speaker 26: suggest fifty again in February and then down to maybe

1668
01:18:06,760 --> 01:18:09,160
Speaker 26: three point five three point twenty five as a sort

1669
01:18:09,160 --> 01:18:10,520
Speaker 26: of baseline.

1670
01:18:10,720 --> 01:18:13,120
Speaker 3: How good, Liam, Thank you appreciate it. Liam Dan, the

1671
01:18:13,160 --> 01:18:15,320
Speaker 3: Herald's Business editor at large. Yeah, so what I was

1672
01:18:15,360 --> 01:18:17,360
Speaker 3: talking about with Liam there about the Treasury is that

1673
01:18:17,560 --> 01:18:21,000
Speaker 3: the economy is still worse than we were expecting it

1674
01:18:21,080 --> 01:18:23,679
Speaker 3: to be. If you listen to the Treasury. The chief

1675
01:18:23,720 --> 01:18:26,760
Speaker 3: Economic Advisor, Dominic Steven's given a hint today and he's

1676
01:18:26,800 --> 01:18:29,000
Speaker 3: putting it down to this is basically preparing us as

1677
01:18:29,080 --> 01:18:31,000
Speaker 3: Liam was saying, for the HAIFU, putting it down to

1678
01:18:31,080 --> 01:18:34,679
Speaker 3: a sustained productivity shut down, slow down. Sorry here reckons

1679
01:18:35,280 --> 01:18:38,960
Speaker 3: that since roughly this time two years ago, per capita GDP,

1680
01:18:39,200 --> 01:18:42,960
Speaker 3: so that's the real measure of GDP per capita GDP

1681
01:18:43,160 --> 01:18:47,759
Speaker 3: has fallen four point six percent. That's a massive contraction

1682
01:18:47,880 --> 01:18:50,439
Speaker 3: when you think about it. That is then the largest

1683
01:18:50,479 --> 01:18:55,360
Speaker 3: per capita recession that we've gone through. Let me rephrase that.

1684
01:18:55,640 --> 01:18:58,720
Speaker 3: It is a bigger per capita recession than what we

1685
01:18:58,880 --> 01:19:01,960
Speaker 3: experienced in the global financial crisis. So when people say,

1686
01:19:02,280 --> 01:19:04,240
Speaker 3: if you have a debate with anybody about it, it

1687
01:19:04,360 --> 01:19:07,360
Speaker 3: is now indisputable that what we are going through right

1688
01:19:07,400 --> 01:19:10,320
Speaker 3: now is worse than the GFC was. Right back in

1689
01:19:10,400 --> 01:19:13,880
Speaker 3: the May budget, we were anticipating the economy to start

1690
01:19:13,920 --> 01:19:16,320
Speaker 3: growing again by now, but they are now saying that's

1691
01:19:16,320 --> 01:19:17,920
Speaker 3: not going to happen at the moment because the economic

1692
01:19:18,000 --> 01:19:19,960
Speaker 3: downturn that we're in is way worse than expected. And

1693
01:19:20,040 --> 01:19:23,080
Speaker 3: an example is that the June quarter went backwards GDP

1694
01:19:23,200 --> 01:19:25,080
Speaker 3: by zero point two percent, and we were expecting it

1695
01:19:25,160 --> 01:19:27,280
Speaker 3: to grow by zero point two percent. So anyway, keep

1696
01:19:27,280 --> 01:19:29,240
Speaker 3: an eye out for the HIGHFU. The half year Economic

1697
01:19:29,280 --> 01:19:32,640
Speaker 3: and Fiscal Update December seventeen, yeay, just before Christmas, make

1698
01:19:32,760 --> 01:19:35,760
Speaker 3: us feel miserable and we'll understand the situation. Then six

1699
01:19:35,760 --> 01:19:36,320
Speaker 3: point twenty two.

1700
01:19:36,400 --> 01:19:40,719
Speaker 1: Jamie McKay's next Everything from SMEs to the Big Corporates,

1701
01:19:40,880 --> 01:19:45,000
Speaker 1: The Business Hour with Heather Duplic Allens and my HR The.

1702
01:19:45,200 --> 01:19:48,559
Speaker 2: HR Solution for Busy SMEs on News Talk ZMB.

1703
01:19:48,800 --> 01:19:51,240
Speaker 3: Hey, Yes, Sam, Dickie's with us on Nvidia very shortly

1704
01:19:51,360 --> 01:19:53,320
Speaker 3: with us right now at twenty five past six, as

1705
01:19:53,400 --> 01:19:57,519
Speaker 3: Jamie McKay host to the Country. Hey Jamie, Jamie, you've

1706
01:19:57,640 --> 01:20:01,479
Speaker 3: launched JIP seven of you what you've launched chips like

1707
01:20:02,000 --> 01:20:03,120
Speaker 3: Crispies like Crisps.

1708
01:20:04,080 --> 01:20:07,519
Speaker 19: Yes, farmers cut potato chips with Heartland and we have

1709
01:20:07,600 --> 01:20:09,880
Speaker 19: our own bear with Emersons to go with it. And

1710
01:20:09,960 --> 01:20:12,920
Speaker 19: if you weren't heavily pregnant, Heather, you would have been

1711
01:20:12,960 --> 01:20:16,120
Speaker 19: with us on Tuesday evening at the Morning Ride. But

1712
01:20:16,439 --> 01:20:18,120
Speaker 19: but you're forgiven. You're forgiven.

1713
01:20:18,240 --> 01:20:20,439
Speaker 3: I did notice that my husband's not pregnant and he

1714
01:20:20,640 --> 01:20:21,400
Speaker 3: wasn't invited.

1715
01:20:22,000 --> 01:20:25,120
Speaker 19: Well, no, he was invited. I don't know where he went. Look,

1716
01:20:25,160 --> 01:20:27,519
Speaker 19: I'm not worried about him with Barry just at the moment,

1717
01:20:27,960 --> 01:20:33,040
Speaker 19: I'm worried about Catherine Vague as the new Green MP Look,

1718
01:20:33,080 --> 01:20:36,280
Speaker 19: I don't know about I'm against the banks being the

1719
01:20:36,360 --> 01:20:39,400
Speaker 19: carbon police big time, and I'm on the receiving end

1720
01:20:39,439 --> 01:20:41,160
Speaker 19: of it too, as a guy who was someone who's

1721
01:20:41,200 --> 01:20:44,080
Speaker 19: invested in a dairy farm. Look, and she was talking

1722
01:20:44,120 --> 01:20:47,280
Speaker 19: about the eighty percent of the markets looking for these

1723
01:20:47,360 --> 01:20:49,360
Speaker 19: lower mission foods, and I don't doubt that they are

1724
01:20:49,520 --> 01:20:51,559
Speaker 19: looking for them. Are they paying for them at the moment?

1725
01:20:51,960 --> 01:20:55,519
Speaker 19: No good Catherine, who doesn't give many interviews, Thank goodness,

1726
01:20:56,479 --> 01:21:01,680
Speaker 19: name the markets China. She did mention China at all,

1727
01:21:01,720 --> 01:21:04,840
Speaker 19: what's going to happen with the States under Donald Trump?

1728
01:21:04,880 --> 01:21:09,479
Speaker 19: And as for her subsidized loans, look, cash strat farmers.

1729
01:21:09,520 --> 01:21:12,519
Speaker 19: I can tell you this for sure, Heather, that they're

1730
01:21:12,560 --> 01:21:14,880
Speaker 19: over a barrel. They're going to take one of these

1731
01:21:14,920 --> 01:21:17,800
Speaker 19: subsidized loans. They're going to try and meet the conditions.

1732
01:21:17,880 --> 01:21:20,040
Speaker 19: They may or may not meet them, and some of

1733
01:21:20,080 --> 01:21:23,960
Speaker 19: them will take the subsidized loan and worry about it later. China,

1734
01:21:24,360 --> 01:21:27,200
Speaker 19: you know what's their main concern? I don't think it's

1735
01:21:27,240 --> 01:21:30,599
Speaker 19: lower missions. Food, food security and safety is number one

1736
01:21:30,640 --> 01:21:33,360
Speaker 19: for them. India, we're looking for an FTA with them.

1737
01:21:33,640 --> 01:21:37,439
Speaker 19: I mean, they're hardly paragons of lower missions production in

1738
01:21:37,520 --> 01:21:40,400
Speaker 19: their country. Say look, I say to the banks, but

1739
01:21:40,600 --> 01:21:42,920
Speaker 19: out of it farmers. If you want them to change

1740
01:21:42,960 --> 01:21:47,000
Speaker 19: their practices, do it at a process A level or

1741
01:21:47,080 --> 01:21:50,000
Speaker 19: a government level process A level. Preferably pay them a

1742
01:21:50,080 --> 01:21:53,040
Speaker 19: premium for lower missions food. At the moment there is

1743
01:21:53,120 --> 01:21:53,960
Speaker 19: no premium, yep.

1744
01:21:54,000 --> 01:21:56,280
Speaker 3: I totally agree with you. Speaking of which, though Denmark

1745
01:21:56,280 --> 01:21:57,840
Speaker 3: has decided to go down the path of the old

1746
01:21:57,880 --> 01:21:58,599
Speaker 3: fart tags.

1747
01:21:58,439 --> 01:21:58,680
Speaker 9: Isn't it.

1748
01:21:59,479 --> 01:22:01,840
Speaker 19: Yeah, it has, I mean to Cinda and co. I

1749
01:22:01,880 --> 01:22:05,360
Speaker 19: mean it's probably disappointed Damien David Parker that they couldn't

1750
01:22:05,400 --> 01:22:10,720
Speaker 19: do this in their second term. So Denmark is going

1751
01:22:10,760 --> 01:22:14,600
Speaker 19: to implement the world's first tax on agricultural emissions on

1752
01:22:14,840 --> 01:22:17,880
Speaker 19: they're saying flatulums and farthing, but it's not. It's burping

1753
01:22:18,960 --> 01:22:21,960
Speaker 19: from livestock. So from twenty thirty farmers will have to

1754
01:22:22,040 --> 01:22:24,800
Speaker 19: pay a levy of three hundred krona. I think that's

1755
01:22:24,840 --> 01:22:28,000
Speaker 19: about fifty US dollars or something per ton of methane.

1756
01:22:28,040 --> 01:22:30,280
Speaker 19: It's going to raise to seven hundred and fifty krona

1757
01:22:30,600 --> 01:22:34,400
Speaker 19: in twenty thirty five, so it's quite significant. According to

1758
01:22:34,600 --> 01:22:41,360
Speaker 19: the Danish daily newspaper, the Copenhagen Post, two hundred and

1759
01:22:41,400 --> 01:22:44,559
Speaker 19: fifty thousand hecbares of forestry will be planted, and one

1760
01:22:44,640 --> 01:22:47,639
Speaker 19: hundred and forty thousand hectares of peatlands that are currently

1761
01:22:47,720 --> 01:22:51,320
Speaker 19: being cultivated will be restored to their natural habitats so

1762
01:22:51,439 --> 01:22:54,920
Speaker 19: they can be a carbon store. Interestingly, Denmark, at sixty

1763
01:22:55,000 --> 01:22:58,400
Speaker 19: percent of its total land cultivated, as first equal in

1764
01:22:58,439 --> 01:23:01,400
Speaker 19: the world with Bangladesh. When it comes to percentage of

1765
01:23:01,439 --> 01:23:06,520
Speaker 19: cultivated land. Very intensive agriculture there, and a party spokesman

1766
01:23:07,000 --> 01:23:10,920
Speaker 19: for the new coalition said, Danish nature will change in

1767
01:23:10,960 --> 01:23:13,040
Speaker 19: a way we have not seen since the wetlands were

1768
01:23:13,120 --> 01:23:17,160
Speaker 19: drained in eighteen sixty four. So I'm sure Catherine can

1769
01:23:17,200 --> 01:23:19,679
Speaker 19: go over and give some of the lower mission loans

1770
01:23:19,720 --> 01:23:22,240
Speaker 19: over there. They'll go down, and I'd go down a treat.

1771
01:23:23,280 --> 01:23:26,240
Speaker 3: Jamie, thanks very much, appreciate it. Jamie mcguy hosts of

1772
01:23:26,280 --> 01:23:29,360
Speaker 3: the Country. By the way, his new chips are actually delicious.

1773
01:23:29,360 --> 01:23:31,759
Speaker 3: And the newsroom is divided on whether it's the maple

1774
01:23:31,840 --> 01:23:35,720
Speaker 3: bacon or the Sultan vinegar that's the winner. What are

1775
01:23:35,760 --> 01:23:38,719
Speaker 3: you saying, Laura, Sultan vinegar. Yeah, a heart out because

1776
01:23:38,760 --> 01:23:41,720
Speaker 3: it's like when they've what Jamie's done is he's gone

1777
01:23:41,760 --> 01:23:45,560
Speaker 3: Sultan Vinegar like vinegar like, there's no doubt. And so

1778
01:23:45,680 --> 01:23:47,640
Speaker 3: if you like your stuff a little bit, well, you know,

1779
01:23:47,760 --> 01:23:49,080
Speaker 3: like a little you like a little party in your

1780
01:23:49,120 --> 01:23:52,560
Speaker 3: mouth with your food, go for that. It's delicious. And

1781
01:23:53,120 --> 01:23:55,400
Speaker 3: of course the husband wasn't invited to the party because

1782
01:23:55,400 --> 01:23:57,040
Speaker 3: the husband was he was down at the he Koy

1783
01:23:57,320 --> 01:23:59,800
Speaker 3: lending his support. Remember headlines next.

1784
01:24:04,040 --> 01:24:06,840
Speaker 1: If it's to do with money, it matters to you.

1785
01:24:07,439 --> 01:24:11,040
Speaker 1: The Business Hour with Heather duplic Elan and my HR

1786
01:24:11,400 --> 01:24:15,400
Speaker 1: The HR solution for busy sms on News Talk ZB.

1787
01:24:17,760 --> 01:24:29,360
Speaker 3: Thing that I've gone. I hear right earlier on Rob

1788
01:24:29,400 --> 01:24:31,560
Speaker 3: Campbell saying that the government can spend more than a

1789
01:24:31,600 --> 01:24:34,639
Speaker 3: gets in. How can that be sustainable? My mind boggles. Well,

1790
01:24:35,120 --> 01:24:40,280
Speaker 3: what he said was it's okay for now in the

1791
01:24:40,400 --> 01:24:45,280
Speaker 3: current circumstances, but maybe not forever. But some of us

1792
01:24:45,280 --> 01:24:48,080
Speaker 3: would say it's probably not right at any time. But anyway,

1793
01:24:48,280 --> 01:24:52,080
Speaker 3: I think that's just the difference there isn't it. Heither

1794
01:24:52,120 --> 01:24:57,439
Speaker 3: bring back Darlene to be fair, to be fair, There

1795
01:24:57,479 --> 01:24:59,759
Speaker 3: may be a place for Benjamin in this current parliament

1796
01:25:00,000 --> 01:25:04,400
Speaker 3: because if you ever needed a yoga zen type person

1797
01:25:04,840 --> 01:25:07,280
Speaker 3: to just calm everyone down, it's right now, do you

1798
01:25:07,360 --> 01:25:10,040
Speaker 3: know what I mean, I feel like Benjamin may have Actually,

1799
01:25:10,280 --> 01:25:13,080
Speaker 3: maybe we need Benjamin right now. So next time Erica

1800
01:25:13,160 --> 01:25:16,960
Speaker 3: is like having a crack at JANTINESI or I don't know,

1801
01:25:17,360 --> 01:25:19,640
Speaker 3: Willie's shouting again because that's all he does lately. I

1802
01:25:19,680 --> 01:25:21,280
Speaker 3: don't know if you've realized this, but he's kind of

1803
01:25:21,320 --> 01:25:23,880
Speaker 3: on full noise. He's gone right up to level nine

1804
01:25:24,120 --> 01:25:26,719
Speaker 3: and he just shouts everything. So next time he's shouting

1805
01:25:26,760 --> 01:25:29,920
Speaker 3: at David Seymour, naya, Benjamin can get up and say,

1806
01:25:31,600 --> 01:25:34,680
Speaker 3: listen to the earth. The earth is important in the

1807
01:25:34,760 --> 01:25:36,560
Speaker 3: rivers and stuff. I just calm everybody right down and

1808
01:25:36,640 --> 01:25:39,320
Speaker 3: just have giant yoga sessions. So it's not altogether bad

1809
01:25:39,360 --> 01:25:41,559
Speaker 3: that we've got somebody who really does live the Kopappa,

1810
01:25:41,760 --> 01:25:44,120
Speaker 3: if you know what I mean. Twenty two away from seven.

1811
01:25:44,200 --> 01:25:45,400
Speaker 2: Heather do for see Allen.

1812
01:25:45,520 --> 01:25:48,120
Speaker 3: So the chip macon VIDIA has announced the Age of

1813
01:25:48,200 --> 01:25:50,960
Speaker 3: AI is in full steam. The company's announced its third

1814
01:25:51,040 --> 01:25:54,240
Speaker 3: quarter earnings today, beating expectations for sales and earnings, and

1815
01:25:54,320 --> 01:25:58,000
Speaker 3: Sam Dicky from Fisher Funds is with us on that. Hey, Sam, right,

1816
01:25:58,080 --> 01:25:59,120
Speaker 3: so tell me about the result.

1817
01:26:00,800 --> 01:26:03,200
Speaker 23: Another astonishing result on the face of it. So they

1818
01:26:03,240 --> 01:26:06,800
Speaker 23: almost doubled revenue to thirty five billion in profits more

1819
01:26:06,840 --> 01:26:09,120
Speaker 23: than doubled, and importantly, as you said, it was more

1820
01:26:09,200 --> 01:26:12,799
Speaker 23: than five percent better than already lofty expectations that analysts

1821
01:26:12,840 --> 01:26:15,840
Speaker 23: had and their key data center business, where by they're

1822
01:26:15,840 --> 01:26:20,080
Speaker 23: selling their accelerated computer chips into data centers like Google Cloud,

1823
01:26:20,120 --> 01:26:22,960
Speaker 23: for example. That grew one hundred and twenty two percent.

1824
01:26:23,160 --> 01:26:25,600
Speaker 3: So all well on the face of it, and the

1825
01:26:25,640 --> 01:26:26,600
Speaker 3: stock price did what.

1826
01:26:28,200 --> 01:26:29,120
Speaker 4: Not fabulously It.

1827
01:26:29,160 --> 01:26:31,120
Speaker 23: Closed down about two and a half percent after hours

1828
01:26:31,160 --> 01:26:32,200
Speaker 23: despite the strong results.

1829
01:26:32,200 --> 01:26:32,760
Speaker 4: So it is a.

1830
01:26:32,840 --> 01:26:37,360
Speaker 23: Reminder that the bar for this company is punishingly high.

1831
01:26:37,880 --> 01:26:39,360
Speaker 23: In other words, there's a lot of good news in

1832
01:26:39,400 --> 01:26:40,040
Speaker 23: the share price.

1833
01:26:40,400 --> 01:26:42,800
Speaker 3: Okay, Now, obviously everybody's looking at this not just about

1834
01:26:42,840 --> 01:26:45,760
Speaker 3: the performance of one company, but what this means for

1835
01:26:45,840 --> 01:26:47,840
Speaker 3: the tech sector and what it means for AI. So

1836
01:26:48,000 --> 01:26:49,280
Speaker 3: what are you taking from it?

1837
01:26:50,640 --> 01:26:52,559
Speaker 23: Yeah, there's no doubt there's a huge amount of money

1838
01:26:52,640 --> 01:26:57,080
Speaker 23: pouring into AI, and in fact, a huge amount more

1839
01:26:57,120 --> 01:26:59,000
Speaker 23: than was expected just a few weeks ago. But what

1840
01:26:59,160 --> 01:27:01,920
Speaker 23: is super interesting is you've got to remember the vast

1841
01:27:02,000 --> 01:27:03,960
Speaker 23: majority of these in video chips have been sold to

1842
01:27:04,040 --> 01:27:06,720
Speaker 23: companies like Microsoft and Google and Amazon, who are re

1843
01:27:06,920 --> 01:27:09,920
Speaker 23: renting out those chips to thousands of smaller companies who

1844
01:27:09,960 --> 01:27:12,240
Speaker 23: are racing to find the next big AI use case

1845
01:27:12,320 --> 01:27:14,599
Speaker 23: and the one that we will all pay for, as

1846
01:27:14,600 --> 01:27:16,679
Speaker 23: we've talked about before. So to that end, in video,

1847
01:27:16,720 --> 01:27:21,479
Speaker 23: seeing most excited about AI agents, So AI agents to

1848
01:27:21,520 --> 01:27:24,160
Speaker 23: replace call centers and cour cent people, AI agents to

1849
01:27:24,280 --> 01:27:27,880
Speaker 23: automate everyday work streams and videos talking about billions of

1850
01:27:27,960 --> 01:27:30,920
Speaker 23: agents over the next few years. And the other thing

1851
01:27:30,960 --> 01:27:35,120
Speaker 23: that's taking off again right now is industrial robotics. And

1852
01:27:35,280 --> 01:27:36,960
Speaker 23: it was always a growth theory, but the potential for

1853
01:27:37,000 --> 01:27:40,439
Speaker 23: the robots and factories and surgical robots to learn and

1854
01:27:40,520 --> 01:27:44,840
Speaker 23: get better and more precise is increasingly is increasing exponentially.

1855
01:27:44,880 --> 01:27:48,479
Speaker 23: And if you take Intuitive Surgical for example, they've got

1856
01:27:48,560 --> 01:27:52,439
Speaker 23: near one hundred percent market share and soft tissue robotic surgery.

1857
01:27:53,120 --> 01:27:55,560
Speaker 23: Their new robotic system is learning so fast that in

1858
01:27:55,640 --> 01:27:57,800
Speaker 23: time it's going to be able to perform simple operations

1859
01:27:57,920 --> 01:28:00,759
Speaker 23: like stitching up the wound after a gold latter operational

1860
01:28:00,840 --> 01:28:01,400
Speaker 23: by itself.

1861
01:28:01,840 --> 01:28:03,479
Speaker 3: Now, I mean the thing is, it's been it's been

1862
01:28:03,560 --> 01:28:07,360
Speaker 3: somewhat disappointing, you know, the our adoption, consumer's adoption of AI.

1863
01:28:07,520 --> 01:28:08,920
Speaker 3: So do you think it's going to pick up from here.

1864
01:28:10,200 --> 01:28:12,720
Speaker 23: Yeah, the consumer adoption has been poor, and we talked

1865
01:28:12,720 --> 01:28:15,320
Speaker 23: about this last time. So was it going to be

1866
01:28:16,640 --> 01:28:19,040
Speaker 23: an upgrade cycle on iPhones because of.

1867
01:28:19,160 --> 01:28:20,400
Speaker 4: The new Apple intelligence?

1868
01:28:20,439 --> 01:28:22,400
Speaker 23: And that doesn't look like people are prepared to pay

1869
01:28:22,479 --> 01:28:24,400
Speaker 23: next for two or three hundred bucks a phone just

1870
01:28:24,439 --> 01:28:27,760
Speaker 23: for a smartest sery. And then of course the large

1871
01:28:27,840 --> 01:28:30,200
Speaker 23: language models themselves, and there are people that pay, you know,

1872
01:28:30,280 --> 01:28:33,599
Speaker 23: twenty bucks a month for perplexity or chet GPT or whatever,

1873
01:28:33,720 --> 01:28:37,240
Speaker 23: but I don't think that's going to kind of fill

1874
01:28:37,320 --> 01:28:40,719
Speaker 23: that yawning gap between the amount of these accelerated compute

1875
01:28:40,840 --> 01:28:43,680
Speaker 23: chips that have been sold by in video. So it

1876
01:28:43,760 --> 01:28:47,960
Speaker 23: looks like corporate to the new big buyers of AI.

1877
01:28:48,120 --> 01:28:50,599
Speaker 23: And this is this is this AI agent story I'm

1878
01:28:50,640 --> 01:28:54,560
Speaker 23: talking about. So if you can sadly replace lots of

1879
01:28:54,600 --> 01:28:56,880
Speaker 23: people with an AI agent and a core center that's

1880
01:28:57,400 --> 01:29:00,479
Speaker 23: as good, if not better, then that makes sense corporate.

1881
01:29:00,800 --> 01:29:02,320
Speaker 3: Okay, So what do you tell me what you're making

1882
01:29:02,400 --> 01:29:03,760
Speaker 3: of the sport investors? Sam.

1883
01:29:05,080 --> 01:29:08,880
Speaker 23: It seems like the AI bonanza continues unchecked, and there

1884
01:29:09,000 --> 01:29:11,599
Speaker 23: are a few things to keep an eye on those.

1885
01:29:11,640 --> 01:29:14,200
Speaker 23: So the revenue guidance for next quarter and that was

1886
01:29:14,200 --> 01:29:15,920
Speaker 23: one of the reasons why the stock was a bit weak.

1887
01:29:16,680 --> 01:29:18,560
Speaker 23: Was only kind of in line with the expectations, so

1888
01:29:18,640 --> 01:29:21,240
Speaker 23: not a barbers we've become accustomed to. And the other

1889
01:29:21,320 --> 01:29:24,879
Speaker 23: thing that Nvidia talked about was the profit margin guidance.

1890
01:29:24,920 --> 01:29:27,880
Speaker 23: So the margin they're making on this incredibly big revenue

1891
01:29:27,920 --> 01:29:30,360
Speaker 23: number is just a bit soggier. So they're ramping a

1892
01:29:31,760 --> 01:29:34,000
Speaker 23: new generation of chip called the Black World chip, which

1893
01:29:34,000 --> 01:29:37,240
Speaker 23: has got exceptional performance, but it's just not quite as

1894
01:29:37,280 --> 01:29:40,320
Speaker 23: profitable in the early days as the previous chips. So

1895
01:29:40,320 --> 01:29:41,880
Speaker 23: a couple of things going on there. And then of

1896
01:29:41,960 --> 01:29:44,479
Speaker 23: course these AI use cases. Let's keep our bad eyes

1897
01:29:44,560 --> 01:29:48,120
Speaker 23: peeled on the next killer AI use case to fill

1898
01:29:48,200 --> 01:29:51,800
Speaker 23: that yawning gap between you know, three point seven trillion

1899
01:29:51,840 --> 01:29:56,639
Speaker 23: dollar valuation of Nvidia and the much less lower number

1900
01:29:56,720 --> 01:29:59,400
Speaker 23: of the amount of dollars were prepared to pay for AI.

1901
01:30:00,160 --> 01:30:02,519
Speaker 3: Very very good point there, Sam, Hey, thank you appreciated that.

1902
01:30:02,600 --> 01:30:05,679
Speaker 3: Sam Dickie official funds Hither. I heard the new Green

1903
01:30:05,880 --> 01:30:08,120
Speaker 3: MP speech while I was driving home around the Bays,

1904
01:30:08,160 --> 01:30:09,920
Speaker 3: and I nearly drove off the road and became part

1905
01:30:09,960 --> 01:30:12,800
Speaker 3: of the planet. Thanks Graham.

1906
01:30:13,360 --> 01:30:14,920
Speaker 27: So I know what they should have done. They should

1907
01:30:14,920 --> 01:30:16,000
Speaker 27: have just taken a moment and.

1908
01:30:16,160 --> 01:30:20,599
Speaker 3: Breathe, Yeah, could be the forest be the forest be well,

1909
01:30:20,960 --> 01:30:23,639
Speaker 3: don't say that be the water. Nick minute Graham drives

1910
01:30:23,680 --> 01:30:26,759
Speaker 3: into the water, takes it literally, then it's your fault

1911
01:30:27,160 --> 01:30:31,040
Speaker 3: and Benjamin's. So this is an interesting thing that's happening

1912
01:30:31,120 --> 01:30:33,120
Speaker 3: re Google. Now, if you've been following this, there has

1913
01:30:33,200 --> 01:30:37,559
Speaker 3: been a really big case against Google in the US

1914
01:30:37,680 --> 01:30:41,360
Speaker 3: that it had violated antitrust law with its search businesses

1915
01:30:41,400 --> 01:30:43,880
Speaker 3: effectively operating as a monopoly, and monopolies are illegal and

1916
01:30:43,920 --> 01:30:46,599
Speaker 3: blah blah blah. Anyway, so the US government has now

1917
01:30:46,680 --> 01:30:51,120
Speaker 3: filed papers asking a federal judge to break up Google,

1918
01:30:51,600 --> 01:30:55,400
Speaker 3: at least partially, and to force Google to sell Chrome. Now,

1919
01:30:55,560 --> 01:30:58,160
Speaker 3: Chrome is your web browser, right, It's like your Safari,

1920
01:30:58,479 --> 01:31:01,680
Speaker 3: but it's the Google version. Now if it's up to

1921
01:31:01,760 --> 01:31:03,920
Speaker 3: a judge to decide. But if a judge does this,

1922
01:31:04,760 --> 01:31:08,840
Speaker 3: this would be the most significant antitrust penalty that a

1923
01:31:08,920 --> 01:31:12,040
Speaker 3: tech giant in a generation has faced. Breaking up a

1924
01:31:12,120 --> 01:31:15,400
Speaker 3: tech giant forcing it to sell Chrome quite a significant thing.

1925
01:31:15,400 --> 01:31:17,240
Speaker 3: We'll keep an eye on. That's sixteen away from seven.

1926
01:31:17,840 --> 01:31:21,519
Speaker 1: Crouching the numbers and getting the results. It's hither duplicy

1927
01:31:21,600 --> 01:31:25,160
Speaker 1: Ellen with the Business Hour thanks to my HR the

1928
01:31:25,400 --> 01:31:28,880
Speaker 1: HR solution for busy s Emmy's on news Talk Zippy.

1929
01:31:29,320 --> 01:31:31,840
Speaker 3: It's thirteen away from seven end of Brady, our UK

1930
01:31:31,960 --> 01:31:33,680
Speaker 3: correspondent is with us evening ender.

1931
01:31:34,600 --> 01:31:36,320
Speaker 4: Hey, heavenly right, speaking again, what.

1932
01:31:36,400 --> 01:31:37,639
Speaker 3: Do you think Putin does? Now?

1933
01:31:39,040 --> 01:31:42,200
Speaker 4: Things can be very interesting. There obviously will be something

1934
01:31:42,479 --> 01:31:44,800
Speaker 4: and the big fear here is that he may use

1935
01:31:44,840 --> 01:31:47,639
Speaker 4: a nuclear weapon. Now I don't think he's that stupid.

1936
01:31:48,200 --> 01:31:51,439
Speaker 4: I actually spent some time last week interviewing the Russian

1937
01:31:51,479 --> 01:31:55,840
Speaker 4: ambassador to the UK, and you've got to really sit

1938
01:31:55,920 --> 01:31:58,040
Speaker 4: down and think after you speak to these people. And

1939
01:31:58,120 --> 01:32:01,479
Speaker 4: the overriding sentiment I got from half an hour of

1940
01:32:01,720 --> 01:32:05,400
Speaker 4: direct questioning with this guy is they want peace. He

1941
01:32:05,479 --> 01:32:08,519
Speaker 4: said it about four times. Now when you look at

1942
01:32:08,560 --> 01:32:11,240
Speaker 4: what they want, yes, okay, you can say you want piece.

1943
01:32:11,600 --> 01:32:14,960
Speaker 4: He also wants a rather large piece of Ukraine. Now,

1944
01:32:15,080 --> 01:32:16,760
Speaker 4: what he was saying to me was that they would

1945
01:32:16,800 --> 01:32:19,560
Speaker 4: like to talk peace, but at the current boundaries, so

1946
01:32:19,720 --> 01:32:22,599
Speaker 4: basically everyone keeps the land they have as of today,

1947
01:32:23,080 --> 01:32:26,800
Speaker 4: which would mean monumental gains for the Russians. They'd get

1948
01:32:26,880 --> 01:32:29,360
Speaker 4: basically the whole of Donyetsk get the whole of lu

1949
01:32:29,439 --> 01:32:32,840
Speaker 4: Hans that keep crimea. Yeah, I could see Putin being

1950
01:32:32,960 --> 01:32:35,000
Speaker 4: very happy with that, but the Ukrainians are not going

1951
01:32:35,040 --> 01:32:37,600
Speaker 4: to give an inch. But in terms of what he

1952
01:32:37,720 --> 01:32:40,479
Speaker 4: does next, I think we watch and wait. And it's

1953
01:32:40,560 --> 01:32:44,680
Speaker 4: a really interesting interview in the newspapers today here from

1954
01:32:44,680 --> 01:32:48,160
Speaker 4: the Chief of the Defense Staff, Sir Tony Radikin, and

1955
01:32:48,280 --> 01:32:50,760
Speaker 4: he's calling on people to get resilient and get ready

1956
01:32:50,800 --> 01:32:53,759
Speaker 4: for war. And earlier in the week we had Sweden

1957
01:32:53,920 --> 01:32:57,840
Speaker 4: telling its citizens to prepare for war. So I think,

1958
01:32:58,160 --> 01:32:59,880
Speaker 4: I don't know. I don't want to be scared among

1959
01:33:00,960 --> 01:33:03,080
Speaker 4: but these are very fraud times in Europe.

1960
01:33:03,240 --> 01:33:05,320
Speaker 3: But into what are the chances that this is propaganda

1961
01:33:05,720 --> 01:33:08,840
Speaker 3: and that it's designed knowing that the Russians will read it.

1962
01:33:08,960 --> 01:33:11,599
Speaker 3: It's designed to seend the message that there is resolve,

1963
01:33:13,479 --> 01:33:14,280
Speaker 3: There is resolve.

1964
01:33:14,520 --> 01:33:16,920
Speaker 4: But I think if you look in any kind of

1965
01:33:17,720 --> 01:33:22,040
Speaker 4: critical way of the UK defense forces where they are numerically,

1966
01:33:22,640 --> 01:33:26,160
Speaker 4: they haven't been this small for half a century. The

1967
01:33:26,240 --> 01:33:29,880
Speaker 4: money is not there. Britain can't defend itself. They're pulling

1968
01:33:29,960 --> 01:33:33,320
Speaker 4: projects left, right and center on the military such side

1969
01:33:33,320 --> 01:33:36,479
Speaker 4: of things, just to save a few hundred million here

1970
01:33:36,640 --> 01:33:39,960
Speaker 4: and there. Everything is going into getting the economy moving

1971
01:33:40,040 --> 01:33:42,920
Speaker 4: and the health service to stop it from crumbling completely.

1972
01:33:43,360 --> 01:33:46,519
Speaker 4: So there's no great appetite to pump money into the military.

1973
01:33:46,560 --> 01:33:50,560
Speaker 4: And I think we're in a very kind of dangerous

1974
01:33:50,640 --> 01:33:53,240
Speaker 4: time as to what he does next. But he's not

1975
01:33:53,439 --> 01:33:56,760
Speaker 4: stupid yet. We know he's we know he's extremely dangerous. Ye,

1976
01:33:57,200 --> 01:33:58,639
Speaker 4: he's far from stupid.

1977
01:33:59,200 --> 01:34:02,719
Speaker 3: So I was reading Telegraph earlier today and the Defense,

1978
01:34:03,560 --> 01:34:06,280
Speaker 3: the Defense and Foreign Affairs editor there was making the

1979
01:34:06,360 --> 01:34:08,960
Speaker 3: case that now that Ukraine can use these long range

1980
01:34:09,000 --> 01:34:11,639
Speaker 3: missiles from the US and the UK, it actually means

1981
01:34:11,680 --> 01:34:13,920
Speaker 3: there is a chance for the first time in quite

1982
01:34:13,920 --> 01:34:16,720
Speaker 3: a while for Ukraine to win. Do you buy that?

1983
01:34:18,160 --> 01:34:22,040
Speaker 4: No, absolutely not. It's a frozen stalemate. They do need

1984
01:34:22,200 --> 01:34:25,519
Speaker 4: to see this sounds as unpalatable as this sounds to

1985
01:34:25,680 --> 01:34:29,840
Speaker 4: everyone this war. Russia won't win it, Ukraine won't win it.

1986
01:34:30,000 --> 01:34:33,720
Speaker 4: It is completely a frozen stalemate. And you know, I

1987
01:34:33,760 --> 01:34:35,720
Speaker 4: said to the Russian ambassador the other day when I

1988
01:34:35,760 --> 01:34:38,720
Speaker 4: saw you know, your special operation that was going to

1989
01:34:38,760 --> 01:34:41,479
Speaker 4: take three days. Well, we're now looking down the barrel

1990
01:34:41,520 --> 01:34:44,559
Speaker 4: of a three year anniversary. And of course they pick

1991
01:34:44,680 --> 01:34:47,120
Speaker 4: up and they deflect, and they don't want to answer

1992
01:34:47,240 --> 01:34:51,360
Speaker 4: questions or address time scales, but I think in all honesty,

1993
01:34:51,479 --> 01:34:53,720
Speaker 4: what we're likely to see. I think at some point

1994
01:34:53,800 --> 01:34:57,559
Speaker 4: in early next year peace talks and then the Russians

1995
01:34:57,600 --> 01:35:00,599
Speaker 4: will say that Ukraine can never join NATO, but had

1996
01:35:00,600 --> 01:35:02,880
Speaker 4: a push, they might be allowed into the European Union.

1997
01:35:03,080 --> 01:35:05,160
Speaker 4: And by the way, we're keeping every inch of land

1998
01:35:05,200 --> 01:35:07,559
Speaker 4: we've stolen from you since February twenty twenty two.

1999
01:35:07,880 --> 01:35:10,680
Speaker 3: Hey, by the way, Jeremy clarks and Bustard, isn't he.

2000
01:35:11,640 --> 01:35:14,880
Speaker 4: Yeah, big time? So look he's done a lot of good.

2001
01:35:15,080 --> 01:35:17,439
Speaker 4: And I come from a farming family in Ireland, my

2002
01:35:17,520 --> 01:35:21,120
Speaker 4: grandparents and their grandparents and the whole way back where

2003
01:35:21,200 --> 01:35:25,000
Speaker 4: dairy farmers in North County Longford. I've seen firsthand how

2004
01:35:25,040 --> 01:35:28,120
Speaker 4: difficult it is to farm, how it takes over your life.

2005
01:35:28,240 --> 01:35:31,920
Speaker 4: And I think in the UK Clarkson has done extraordinary

2006
01:35:32,000 --> 01:35:35,719
Speaker 4: work showing ordinary people who are not farmers, what goes

2007
01:35:35,760 --> 01:35:38,479
Speaker 4: on on a farm, how expensive everything is. You never

2008
01:35:38,560 --> 01:35:41,160
Speaker 4: get a break, you're tied to the land. But a

2009
01:35:41,240 --> 01:35:43,320
Speaker 4: bit of an own goal. This week he headed off

2010
01:35:43,360 --> 01:35:46,720
Speaker 4: to Westminster to protest against inheritance tax changes brought in

2011
01:35:46,800 --> 01:35:50,479
Speaker 4: by Keir Starmer. And it only affects the four percent

2012
01:35:50,600 --> 01:35:54,479
Speaker 4: of the richest farms in the UK, So you've got

2013
01:35:54,560 --> 01:35:57,559
Speaker 4: to be inheriting north of six million en Z dollars

2014
01:35:58,000 --> 01:36:00,559
Speaker 4: before you pay a cent of this new tax. It's

2015
01:36:00,600 --> 01:36:03,240
Speaker 4: not going to affect your average working class farmers at all.

2016
01:36:03,840 --> 01:36:06,920
Speaker 4: And Clarkson was asked the question, isn't it true that

2017
01:36:07,040 --> 01:36:10,120
Speaker 4: you only bought your farm to avoid paying inheritance tax?

2018
01:36:10,680 --> 01:36:14,560
Speaker 4: And Clarkson rounded on the reporter berated her and she

2019
01:36:14,720 --> 01:36:17,080
Speaker 4: was quoting his words back to him. From twenty ten,

2020
01:36:17,439 --> 01:36:19,400
Speaker 4: he gave an interview to the Sunday Time saying it

2021
01:36:19,520 --> 01:36:23,360
Speaker 4: was a great way of avoiding inheritance tax to buy farmland.

2022
01:36:23,600 --> 01:36:25,479
Speaker 4: And he's not the only one. There's a lot of

2023
01:36:25,640 --> 01:36:29,439
Speaker 4: very very well healed people in the UK who have

2024
01:36:29,640 --> 01:36:31,519
Speaker 4: invested in an awful lot of money in farmland and

2025
01:36:31,520 --> 01:36:36,280
Speaker 4: they're not farmers. Andrew Lloyd Weber, you know he great

2026
01:36:36,280 --> 01:36:40,080
Speaker 4: at making money. Yeah, I'm not sure he'd know how

2027
01:36:40,120 --> 01:36:41,920
Speaker 4: to get a John Deere out of second gear. But

2028
01:36:42,040 --> 01:36:42,479
Speaker 4: there we are.

2029
01:36:43,520 --> 01:36:47,800
Speaker 3: Into thanks her much appreciated Into Brady, UK correspondent Height.

2030
01:36:47,920 --> 01:36:50,880
Speaker 3: What I mean to say, the war is at a stalemate.

2031
01:36:51,160 --> 01:36:52,840
Speaker 3: I'm going to have to sit down and negotiate and

2032
01:36:52,880 --> 01:36:57,080
Speaker 3: whose policy does that sound like? Yeah, Trump's eide away

2033
01:36:57,120 --> 01:36:57,840
Speaker 3: from seven.

2034
01:36:59,080 --> 01:37:01,920
Speaker 1: Getting ready for him you administration in the US, what

2035
01:37:02,160 --> 01:37:05,040
Speaker 1: will be the impact? It's the Business Hour with Heather

2036
01:37:05,200 --> 01:37:08,920
Speaker 1: Duplicy Allen and my HR, the HR solution for busy

2037
01:37:09,080 --> 01:37:10,280
Speaker 1: SMEs news talks.

2038
01:37:10,320 --> 01:37:14,240
Speaker 3: He'd be six away from seven. By the way, Chris

2039
01:37:14,320 --> 01:37:16,360
Speaker 3: Bishop has pretty much I think just admitted we're not

2040
01:37:16,400 --> 01:37:18,080
Speaker 3: going to get to surplus in twenty seven, which is

2041
01:37:18,120 --> 01:37:19,960
Speaker 3: when we're supposed to get to surplus. He said, we're

2042
01:37:20,000 --> 01:37:22,719
Speaker 3: not going to be a slave to a surplus. Robert

2043
01:37:22,760 --> 01:37:25,360
Speaker 3: mccullor pro I feel like Robert mcculluor would have wished

2044
01:37:25,400 --> 01:37:27,719
Speaker 3: that he'd actually held off on a day to write

2045
01:37:27,760 --> 01:37:29,640
Speaker 3: his column. So instead of writing his column having a

2046
01:37:29,680 --> 01:37:31,840
Speaker 3: crack of the government for BEng All talk and no

2047
01:37:32,000 --> 01:37:34,320
Speaker 3: action and publishing it today in the Herald, had he

2048
01:37:34,439 --> 01:37:36,840
Speaker 3: just held it for tomorrow, he could have included this

2049
01:37:37,000 --> 01:37:40,360
Speaker 3: is another example. Now, what were we saying yesterday about

2050
01:37:40,400 --> 01:37:44,840
Speaker 3: old mate DJT and Elon Musk rocketman and how you

2051
01:37:44,920 --> 01:37:46,479
Speaker 3: know they love each other at the moment, but it's

2052
01:37:46,479 --> 01:37:49,240
Speaker 3: not going to ask what will be saying? Well, a

2053
01:37:49,320 --> 01:37:51,599
Speaker 3: body language expert has taken a look at them when

2054
01:37:51,640 --> 01:37:54,200
Speaker 3: they were at the space rocket launch yesterday and reckons

2055
01:37:54,240 --> 01:37:56,960
Speaker 3: their interaction is not a good sign. He reckons Trump

2056
01:37:57,040 --> 01:38:01,400
Speaker 3: looked awkward and looks like he's into imidated by Elon Musk. Now,

2057
01:38:01,439 --> 01:38:03,840
Speaker 3: this chap's name is Darren Stanton. He's a former police

2058
01:38:03,840 --> 01:38:06,720
Speaker 3: officer and a body language expert I think in the UK.

2059
01:38:07,520 --> 01:38:09,640
Speaker 3: And what he says was going on was Trump was

2060
01:38:09,720 --> 01:38:13,000
Speaker 3: displaying a lot of self reassurance gestures. So these are

2061
01:38:13,040 --> 01:38:15,439
Speaker 3: things that you do to kind of make yourself feel better,

2062
01:38:15,680 --> 01:38:18,600
Speaker 3: like little like nervous ticks, and it's very rare for

2063
01:38:18,680 --> 01:38:20,760
Speaker 3: Donald Trump to do this. He was buttoning up his

2064
01:38:20,920 --> 01:38:23,240
Speaker 3: jacket and then he was checking each of his pockets,

2065
01:38:23,560 --> 01:38:24,800
Speaker 3: and then when he didn't know what to do with

2066
01:38:24,880 --> 01:38:26,679
Speaker 3: his hands, he just kind of kept his arms hanging

2067
01:38:26,800 --> 01:38:30,000
Speaker 3: limply at his sign at his sides, which this chap

2068
01:38:30,080 --> 01:38:33,600
Speaker 3: reads is an act of anxiety and awkwardness. And this

2069
01:38:33,800 --> 01:38:36,080
Speaker 3: is weird because normally Donald Trump does a lot of

2070
01:38:36,080 --> 01:38:37,160
Speaker 3: the alpha male stuff.

2071
01:38:37,240 --> 01:38:37,360
Speaker 9: Right.

2072
01:38:37,439 --> 01:38:41,840
Speaker 3: He does like steeple hands where you pick your fingers together,

2073
01:38:42,160 --> 01:38:48,360
Speaker 3: and it's very kind of like I'm feeling confident gesture. Meanwhile, meanwhile,

2074
01:38:48,479 --> 01:38:53,600
Speaker 3: Elon Musk super comfortable chatting with big expressions, big gestures,

2075
01:38:53,960 --> 01:38:56,040
Speaker 3: hands open. That always shows that you're in charge of

2076
01:38:56,080 --> 01:38:59,880
Speaker 3: the situation. And here's another two interesting things. There's a

2077
01:39:00,000 --> 01:39:02,840
Speaker 3: photograph of Elon Musk and Donald Trump in another chap

2078
01:39:02,840 --> 01:39:04,400
Speaker 3: whose name I forget, and the three of them are

2079
01:39:04,479 --> 01:39:07,559
Speaker 3: chatting and old mate and Donald old mate and Elon

2080
01:39:07,640 --> 01:39:10,240
Speaker 3: Musk are really engaging. And Donald Trump's standing in the

2081
01:39:10,280 --> 01:39:12,880
Speaker 3: middle and steering into space. That shows he's not vibing

2082
01:39:12,960 --> 01:39:15,720
Speaker 3: the other two. And apparently the only other person who

2083
01:39:15,800 --> 01:39:17,720
Speaker 3: Donald Trump behaves like this with where he gets all

2084
01:39:17,760 --> 01:39:22,040
Speaker 3: weird and fidgitia nervous Lad. But that's because Vlad looks

2085
01:39:22,080 --> 01:39:23,040
Speaker 3: great without his top on.

2086
01:39:23,360 --> 01:39:26,200
Speaker 27: And now he's got nukes too. But anyway, next to note,

2087
01:39:26,200 --> 01:39:27,840
Speaker 27: if fair Trumps always said he's got a bigger button,

2088
01:39:27,880 --> 01:39:30,280
Speaker 27: doesn't he with that sort of thing? When I come

2089
01:39:30,320 --> 01:39:32,320
Speaker 27: around by Green Day to play us out tonight? Green

2090
01:39:32,400 --> 01:39:36,000
Speaker 27: Day will be headlining the Saturdays at next year's Coachella.

2091
01:39:36,080 --> 01:39:39,639
Speaker 27: The full lineups out today. Other people on their Lady Gaga,

2092
01:39:39,760 --> 01:39:42,360
Speaker 27: Missy Elliott Benson Boone heeded the song that we played

2093
01:39:42,400 --> 01:39:46,360
Speaker 27: about half an hour ago, Beautiful Things. Charlie XCX, Post Malone, Meghan,

2094
01:39:46,439 --> 01:39:49,560
Speaker 27: the stallion Z, plenty of names you'll I don't have

2095
01:39:49,640 --> 01:39:50,720
Speaker 27: time to do all of them now you'll have to

2096
01:39:50,760 --> 01:39:51,120
Speaker 27: look it up.

2097
01:39:51,360 --> 01:39:51,479
Speaker 4: Though.

2098
01:39:51,520 --> 01:39:54,200
Speaker 3: Didn't Blue just get blowed boot at the last Coachella

2099
01:39:54,280 --> 01:39:56,200
Speaker 3: for being like from three decades ago?

2100
01:39:56,680 --> 01:39:57,760
Speaker 27: That's a very good point.

2101
01:39:57,840 --> 01:39:59,840
Speaker 3: And now they're bringing out this lot O Green Green.

2102
01:39:59,760 --> 01:40:02,840
Speaker 27: Day made an album to two decades ago that we liked,

2103
01:40:02,840 --> 01:40:03,559
Speaker 27: I mean, we.

2104
01:40:03,600 --> 01:40:05,240
Speaker 3: Didn't like it out we tolerated.

2105
01:40:05,439 --> 01:40:07,080
Speaker 27: American Idiot's their best album ever.

2106
01:40:07,120 --> 01:40:11,280
Speaker 3: It's great and please American Idiot's brilliant. Oh my gosh.

2107
01:40:11,320 --> 01:40:12,679
Speaker 27: I mean, I'm not playing a song off that album,

2108
01:40:12,720 --> 01:40:13,240
Speaker 27: but I like it.

2109
01:40:15,520 --> 01:40:19,000
Speaker 3: And disappoints all the time with his music taste. What

2110
01:40:19,120 --> 01:40:19,920
Speaker 3: are we going to do with him?

2111
01:40:19,920 --> 01:40:20,240
Speaker 9: I don't know.

2112
01:40:20,439 --> 01:40:21,080
Speaker 3: See you tomorrow.

2113
01:40:28,080 --> 01:40:31,240
Speaker 1: For more from Hither Duplessy Alan Drive, listen live to

2114
01:40:31,360 --> 01:40:34,400
Speaker 1: news Talks. It'd be from four pm weekdays, or follow

2115
01:40:34,439 --> 01:40:36,160
Speaker 1: the podcast on iHeartRadio.