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Speaker 1: Pressing the newsmakers to get the real story. It's Heather

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Speaker 1: Duplicy Ellen drive with one New Zealand let's get connected.

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Speaker 2: You stalk said, be.

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Speaker 3: Hey, good afternoon, welcome to the show. Wah how razors

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Speaker 3: sidekickers quit already? And we're only five matches and we'll

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Speaker 3: get the goss with Rugby editor Elliot Smith. Arfter five,

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Speaker 3: Transparer has given the green light to dip into the

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Speaker 3: hydro lakes to save our power situation. Not all of

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Speaker 3: our companies love it, and we're going to speak to

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Speaker 3: one of the counselors who was a little bit upset

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Speaker 3: at Chris Luxon's rebuke last night.

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Speaker 2: Heather Duplicy Ellen.

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Speaker 3: I don't know if you remember, but not long ago

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Speaker 3: on the show, we had a debate about screen time

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Speaker 3: and how bad it is for kids. And the question

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Speaker 3: that we were asking is are we all just having

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Speaker 3: a gigantic moral panic about screens or our screens actually

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Speaker 3: as bad as the experts tell us that they are.

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Speaker 3: And I think we've got more evidence that Yep, the

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Speaker 3: latter is true. Screens are a really particularly pernicious problem

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Speaker 3: of our age for the little and frankly for the adults.

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Speaker 3: As well, but let's focus on the little one. So

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Speaker 3: teachers are saying that there are kids turning up at

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Speaker 3: five sometimes six at school who can't even put sentences together.

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Speaker 3: So an example from one teacher is maybe a six

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Speaker 3: year old might say ME go pee instead of I

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Speaker 3: need the toilet.

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Speaker 4: Now.

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Speaker 3: Frankly, that's pretty alarming for a six year old. That

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Speaker 3: is what my two year old talks like, so a

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Speaker 3: six year old should be way past that situation. The

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Speaker 3: teacher said that they had been teaching for twenty four

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Speaker 3: years and never seen this low level of language, and

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Speaker 3: what they are putting it down to is too much

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Speaker 3: screen time, just too much TV, too much iPad, And

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Speaker 3: apparently it's worse since COVID, where screens became babysitters during

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Speaker 3: lockdowns and parents haven't snapped out of it, and this

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Speaker 3: stuff is happening. And I recently spoke to a grandmother

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Speaker 3: who doesn't think that three hours a day of TV

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Speaker 3: on multiple days is a bad thing for a toddler. Obviously,

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Speaker 3: it's a bad thing for a toddler. The problem with

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Speaker 3: that is no one is talking to that kid for

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Speaker 3: three hours, or reading them a book or showing them

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Speaker 3: how you properly structure a sentence enabled in order to

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Speaker 3: be able to go to the bathroom. Now I have

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Speaker 3: no idea what the hell is going on here with

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Speaker 3: parents If they don't understand that this is a problem,

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Speaker 3: I don't know how you fix it if it isn't

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Speaker 3: obvious to parents that their child at six is not

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Speaker 3: talking properly. But teachers are right, I think, to feel

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Speaker 3: frustrated by this. This is not their job. I mean teachers,

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Speaker 3: you know. I argue a lot of stuff about what

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Speaker 3: they need to do in the classroom, but this is

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Speaker 3: not their job. They are right to expect that a

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Speaker 3: five year old who turns up at school can actually

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Speaker 3: string sentences together. This is squarely on parents. The evidence

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Speaker 3: is now overwhelming that too much screen time is bad

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Speaker 3: for kids. And actually, if we're honest about it, parents

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Speaker 3: have really known this since the nineteen eighties at least,

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Speaker 3: haven't they.

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Speaker 2: Heather du for cl nineteen nine two.

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Speaker 3: You're welcome to weigh in on that standard techs fees apply. Obviously.

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Speaker 3: Now there is some confusion about whether David Seymour's Treaty

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Speaker 3: Principles Bill is dead in the water or not in

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Speaker 3: the house. Last night, Deputy Prime Minister Winston Peters sounded

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Speaker 3: like he was up for changing his mind on this.

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Speaker 5: But if there was prevailing compelling evidence to change one's mind,

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Speaker 5: as a famous economist once said, when the facts change,

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Speaker 5: I changed my mind.

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Speaker 2: What do you do now?

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Speaker 3: Since then he has said I was just a throwaway

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Speaker 3: comment and Deputy Prome Minister Winston Peters is with us.

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Speaker 3: Now Hello Winston, Hello, So are you open to supporting

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Speaker 3: the bill or not?

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Speaker 5: No, because there are no principles in the Treaty of VI.

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Speaker 5: I said that in a treaty was written by a

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Speaker 5: famous Marie Emloyer and politician and in nineteen twenty two,

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Speaker 5: one or two years ago considered out much class to

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Speaker 5: the action agreed to by all of Sellow parliamentarians who

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Speaker 5: are Maori, and before that by the famous Deputy Prome

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Speaker 5: Minister Buck himself was a Mari. So now much tloict

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Speaker 5: of the action to the educated historical record rather than

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Speaker 5: this work make it up as you go along edition

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Speaker 5: coming out of by some of their universities.

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Speaker 3: So when are you going to prote it down?

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Speaker 5: Well, it's reverted to have a first reading. And therefore

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Speaker 5: in the condesson that we said that's it, we will

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Speaker 5: not be supporting it in the second reading.

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Speaker 3: And your reasoning for doing that is because there are

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Speaker 3: no principles in the treaty.

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Speaker 5: Yes, exactly. Well, if you go to the la famous

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Speaker 5: Land case of nine eighty seven, those five judges were

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Speaker 5: wrestling up the spirit issues and they could not agree

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Speaker 5: to a principle. So how come we've got people constructing

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Speaker 5: principles now?

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Speaker 6: Had it?

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Speaker 3: Yeah?

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Speaker 5: Nothing?

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Speaker 3: Yeah, But see, the problem that you've got is that

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Speaker 3: if you don't vote for this, you're going to end

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Speaker 3: up with all the crappy principles we've already got. So

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Speaker 3: you're gonna have principles either way. You just have to

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Speaker 3: choose which principles you want.

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Speaker 5: No, no, sorry, no, we're not. We're going to set

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Speaker 5: the record straight.

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Speaker 3: How many of you people removed already? This was your

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Speaker 3: coalition promise, you were going to take that out.

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Speaker 5: Yeah, listen, I've got a record on this way back

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Speaker 5: in nine eighty seven, when those judges were wrestling in

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Speaker 5: this case, I said if no one in the British

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Speaker 5: Empire or in the UK at that time was was

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Speaker 5: in partnership with Sea Victoria. On the fifth of February

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Speaker 5: and forty how can the mar be the seventh of February?

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Speaker 3: Okay, how many principles have you taken out of legislation

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Speaker 3: since you've been in government?

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Speaker 5: Now, we've taken out references to the principles and we're

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Speaker 5: working on those as we go.

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Speaker 3: Along, and out of which legislation.

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Speaker 5: All legislation that mentions it we are addressing now.

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Speaker 3: Yeah, but how many have you taken out?

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Speaker 5: Well, at the time we got the other regular fifty

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Speaker 5: five different references, but we had to make sure they

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Speaker 5: were exhausted. We had to make sure that if there

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Speaker 5: was any reference to it, it applied to a previously

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Speaker 5: decided case and not making it up as they go along.

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Speaker 3: Okay, so are you telling me Winston that you have

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Speaker 3: taken fifty five references out to date?

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Speaker 5: Now? I said you, we are going to the process

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Speaker 5: of preparedly examining all legislation that made references where they're inappropriate,

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Speaker 5: because it's got no commission with the issue at all.

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Speaker 5: But if we're doing with the porny carkery.

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Speaker 7: Yes, that's cool.

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Speaker 3: There's lots of things I want to do in the world.

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Speaker 3: I'm asking you how much you've done, and so far

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Speaker 3: I can tell you've taken no references out.

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Speaker 5: That is ugly one. We're working on things and piece

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Speaker 5: of legislation that have been handled already.

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Speaker 3: I'm just the point that I'm trying to make here, Winston,

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Speaker 3: is that you've got one of your coalition partners who's

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Speaker 3: actually doing something in the space, and you're going to

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Speaker 3: kill it. Whereas you're talking about doing something if you

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Speaker 3: haven't done anything, so we may have done in a

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Speaker 3: situation where it stays the same.

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Speaker 5: Look, don't come late to this. Not understand I'm setting

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Speaker 5: out to you very carefully. Mister Seymour's mistake is to

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Speaker 5: say the very thing that we've been saying doesn't and

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Speaker 5: couldn't happen. He is saying, we want to have bill

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Speaker 5: about the princip's pet waiting. So he's brought into the

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Speaker 5: rot argument of activist judges, mother say, and seriously activists

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Speaker 5: university people, yeah, who are out there preaching pushing a

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Speaker 5: hint of separation which we don't buy.

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Speaker 3: Now, I get you, for Winston, they made that.

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Speaker 5: Very clear that that's what Nicol we would.

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Speaker 3: Okay, fine, if you don't like the principles, then you're

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Speaker 3: going to have to somehow rewrite legislation to wipe all

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Speaker 3: the principles. Are you planning to do that?

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Speaker 5: We are removing references.

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Speaker 3: You're removing references. That's not what I'm asking you. I'm

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Speaker 3: asking you, are you going to rewrite all the principles

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Speaker 3: of scrap them all? Because it seems to me, David

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Speaker 3: Seymour at least is replacing a whole smakest board of

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Speaker 3: principles with three principles that may be better, whereas your

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Speaker 3: solution is we continue with all the crappy principles. We

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Speaker 3: don't like.

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Speaker 5: This is amazing, it seems to you because you don't

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Speaker 5: understand the issue. You understand that's some of us. We're

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Speaker 5: respectful of person called Latter who laid out exactly what

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Speaker 5: the Treaty of White Tongue was about. And I agree

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Speaker 5: with it you wrote in twenty ninety twenty two, and

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Speaker 5: having read that document and I got an original copy

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Speaker 5: of this book, I believe it's right. I believe for

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Speaker 5: so when I was yeaholder, and I still believe it,

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Speaker 5: and I was involved in more Land cases to help

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Speaker 5: and may help.

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Speaker 3: But this is kind of beside the subject, right. I

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Speaker 3: understand that you have a problem with the principles, but

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Speaker 3: you're not getting rid of them.

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Speaker 5: It is if you're going to put up a short man,

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Speaker 5: because I'm not going to engage in that because I

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Speaker 5: do have to believe I don't know the mass matority

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Speaker 5: of people Lama mari supporting me in my view on

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Speaker 5: this matter. They do not think their chiefs will missing it.

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Speaker 5: They do not think their chiefs did. Could they know

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Speaker 5: their chiefs were calling out and screening for a treaty

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Speaker 5: of that very nature as meaning that the years getting

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Speaker 5: up to the sister of February forty, what do are you?

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Speaker 3: Okay, are you going to get rid of the principles

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Speaker 3: that you disagree with?

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Speaker 5: If the legislation has no reference to them, then their

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Speaker 5: principles will not be in their legislation. It's actually maatic.

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Speaker 5: Don't you follow it?

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Speaker 3: No, I do follow it. You're taking you're taking references

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Speaker 3: out of the legislation, but the principles continue to exist.

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Speaker 3: Whereas David Seymour wants to override the mincipals.

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Speaker 5: No, no, sorry, if you reference to the principles of treaty,

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Speaker 5: why things say can't define will be from the legislation. Yeah,

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Speaker 5: that's what we campaigned on. That's what we said, that's

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Speaker 5: in the Collison agreement.

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Speaker 3: I think we're talking past each other. But Winston, listen,

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Speaker 3: thank you, I appreciate it. At least we've got to

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Speaker 3: the bottom of it. So you're going to vote it down.

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Speaker 3: Now we're back to Winston Peter's New Zealand First and

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Speaker 3: Chris Lux inter National are going to kill the thing.

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Speaker 3: At second reading, Whinson, Peter's deputy prom minis thanks for

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Speaker 3: a time. Okay, listen, there are fresh warnings Australia's economy

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Speaker 3: is on a path to recession now at the totally

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Speaker 3: different approaches from the central banks here right, our central

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Speaker 3: bank has gone like break hard, put us in recession,

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Speaker 3: get rid of inflation, whereas their central bank has kind

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Speaker 3: of just pumped that brake very slowly and try to

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Speaker 3: avoid recession by just slowly bringing down inflation. But it

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Speaker 3: looks like it might not work for them because the

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Speaker 3: unemployment number is shooting up at such a rate that

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Speaker 3: it triggers what's called the PSALM rule, which basically looks

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Speaker 3: at the average of the unemployment rate for the past

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Speaker 3: three months, and if that increases by zero point five

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Speaker 3: percentage points, it means the economy is either in recession

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Speaker 3: or going to recession. So that's what they're predicting, and

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Speaker 3: we'll have a chat to Oli Peterson about that in

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Speaker 3: the next half hour. Seventeen past four.

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Speaker 1: Digging deeper into the day's headlines, it's Heather Duper c

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Speaker 1: Allen Drive with One New Zealand One Give Leaf for Business,

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Speaker 1: US Talk Sport with the new tab app downloaded today

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Speaker 1: RI eighteen Bet Responsibly.

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Speaker 3: Darcy water Grave sports talk hosters with US dars.

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Speaker 6: Hey, Hey, how are you doing you?

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Speaker 2: You're not so bad.

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Speaker 8: I'm going to be responsible with my tab at That

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Speaker 8: sounds like a good idea. Yeah, what do you think

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Speaker 8: I'm going to have a go at this weekend?

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Speaker 3: Red Bull?

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Speaker 8: Well, no, I mean there's good odds on it. But

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Speaker 8: if people don't know what I'm talking about. The the

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Speaker 8: Dutch Grownd Prix is back and it's one of the

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Speaker 8: best race tracks you could imagine. This is the return

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Speaker 8: after the holiday break, Yeah and break, the comeback Max

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Speaker 8: Fish Step and plainly it's home Grownd Prix. He's done

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Speaker 8: very well there previously, so they're looking at zan Vort

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Speaker 8: that he's paying three bucks. He's not the favorite, but

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Speaker 8: paying three dollars is pretty good. That sea of orange

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Speaker 8: that he races in front of is really good. But

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Speaker 8: I must add this, the redboy that quick of recent times,

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Speaker 8: Max for Steppan hasn't been that dominant of recent times.

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Speaker 8: He's still leading the championship by seventy seven odd points,

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Speaker 8: but I think to set the standard and to make

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Speaker 8: a real statement very important for him in front of

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Speaker 8: his home fans to have a crack. So if your

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Speaker 8: fancy having a go, if you're over eighteen, jump on

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Speaker 8: the tb AP Now lay your bets down. Bet responsibly

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Speaker 8: is the most important thing.

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Speaker 3: Absolutely very good advice. Hey do have you got to

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Speaker 3: the bottom of why Leon McDonald has quit Raisers team.

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Speaker 8: I've been on the phone since midday. I came in

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Speaker 8: hered to Littlecross with the boys and.

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Speaker 3: Then you hit the phone after man hit the phone.

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Speaker 8: Been doing the Fixed podcast as well. I've talked to

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Speaker 8: so many people, most of them who won't come on air. Understandable.

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Speaker 8: The theory is around when you have a vacuum, hither

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Speaker 8: what happens?

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Speaker 3: It gets filled by everybody's theories. Yeah, so they've left

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Speaker 3: too much of a vacuum, is what you're answering. Where's

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Speaker 3: what you're saying.

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Speaker 8: Basically, if there's one side of it, it is they've

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Speaker 8: kind of fronted up and Raises said, look, it wasn't working,

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Speaker 8: we weren't we weren't getting on and he's going to

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Speaker 8: walk away. Find that odd only five test matches into

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Speaker 8: this season. It suggests a bit more than that. Something

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Speaker 8: I've keep rabbiting on about all day to the people

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Speaker 8: I've been talking to in the sports department too. So

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Speaker 8: there's no comment from Leo McDonald in that release. Yes, now,

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Speaker 8: to me, that screams that's red flat, that's a site

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Speaker 8: and it's like.

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Speaker 2: A what's going on?

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Speaker 3: He said?

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Speaker 8: Because normally there's a even if it's not his quote,

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Speaker 8: they attribute a quote to him. Nothing in there.

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Speaker 3: That's his very very bad blood. He is very upset.

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Speaker 3: That's what I would read into that.

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Speaker 8: That's what I read in too.

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Speaker 3: Does this maybe go somewhere because they have said that

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Speaker 3: this is a strategy disagreement that's been going on between

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Speaker 3: Razor and Lyon, Does that go some way to explaining

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Speaker 3: why the squad has been so inconsistent, Like maybe following

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Speaker 3: one path one day and one another path the other day,

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Speaker 3: one is more successful than the other, Well, you've got.

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Speaker 8: An over overview of the coach, and that's what Razor does.

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Speaker 8: He looks right across and he looks at the culture

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Speaker 8: of the team, and he looks at the general thrust.

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Speaker 8: It's like a director of rugby morning. And then he's

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Speaker 8: got about four million coaches coaching. So I think the

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Speaker 8: instruction for all of the players very difficult to start

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Speaker 8: getting blinded by noise. If there's such a thing, what's

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Speaker 8: it when deafened by anyway? Yeah, so you've seen some

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Speaker 8: kind of breakdown disruption within that.

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Speaker 2: So that could be part of it.

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Speaker 8: What could also be part of it? Finley Christie suddenly

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Speaker 8: out of nowhere, he's gone, he's a Blues player.

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Speaker 2: What happened there?

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Speaker 8: We've got Ricca Yoanni who's been moved from from the

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Speaker 8: wing to the center to the back agend. What was

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Speaker 8: their disagreement at that level about what happens to these

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Speaker 8: Blues players and how they operate?

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Speaker 3: Again, I don't know.

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Speaker 8: I'm just floating some ideas around what may or may

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Speaker 8: not occurred. But what we do know is he's not

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Speaker 8: on the plane to South.

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Speaker 3: You have got two and a half hours to keep

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Speaker 3: heading the phones and we're looking forward to the goss

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Speaker 3: at seven. Thank you Darcy, Darcy Watergrave Sports for Coast

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Speaker 3: back at seven with all the hot details for twenty three.

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Speaker 1: Ever, due to sy Ellen cutting through the noise to

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Speaker 1: get the facts, it's hither duper c Allen drive with

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Speaker 1: one New Zealand. Let's get connected and news talk as

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Speaker 1: they'd be.

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Speaker 3: Hey, I think this is exciting. Lu Lusun is the

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Speaker 3: first big feature player to be announced for the ASP

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Speaker 3: Tennis Classic in January next year. Now, Lulusun, jeez, if

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Speaker 3: you've forgotten already, shame on you. Lulusun is the one

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Speaker 3: who switched from Switzerland to New Zealand and they made

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Speaker 3: us so proud at Wimbledon. So I'll tell you what,

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Speaker 3: if you want to go see an amazing player, that's

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Speaker 3: a reason to go, isn't. At twenty six past four

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Speaker 3: now might have a little bit of reprieve on what

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Speaker 3: is going on with the power situation because Transpower, and

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Speaker 3: this is not a total surprise, had been flagged. But

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Speaker 3: Transpower has just given permission basically for generators to draw

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Speaker 3: down further on the water storage in the hydro lakes,

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Speaker 3: lower than they normally would be allowed. They still they

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Speaker 3: can't just go hellful leather. They have to go to transparent.

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Speaker 3: So this is what I want to do, and they

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Speaker 3: will say yes, but they have permission how.

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Speaker 6: To do it.

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Speaker 3: Transpowercys. The hydro storage is at fifty five percent at

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Speaker 3: the moment, which is the lowest. It's among the lowest

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Speaker 3: levels they've seen in around ninety years. Now, this is

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Speaker 3: going to potentially cause us problems in January. Weird, but

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Speaker 3: we may have a power crisis again in January or February.

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Speaker 3: It seems kind of unlikely given that full noise summer.

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Speaker 3: But what it is apparently is that around about that

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Speaker 3: time you would expect the lakes to be up again

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Speaker 3: because the melt of all the snow through summer should

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Speaker 3: be filling them up. And if you've drawn down too

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Speaker 3: much and you haven't got enough snow up there and

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Speaker 3: you haven't got enough melt, then you end up with

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Speaker 3: a really low level. So we may be just deferring

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Speaker 3: the problem. But anyway, we're going to have a chat

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Speaker 3: to the Meridian boss, Neil Barclay about that ten past five.

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Speaker 3: Hither you completely missed the point with Winston because he

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Speaker 3: kept asking him what principles he wanted to remove and

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Speaker 3: he said there are no principles in or of the treaty,

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Speaker 3: therefore you can't remove them. Oh gosh, just because Winston

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Speaker 3: says it doesn't exist doesn't mean it doesn't exist. They

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Speaker 3: have been determined to be there by courts, right, so

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Speaker 3: you have to override them. They still exist. You can't

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Speaker 3: be like, I don't believe in them. Well, well, good

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Speaker 3: for you. You might not believe in the sun. It's

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Speaker 3: still there. Headline's next.

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Speaker 2: Hard Questions, Strong opinion.

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Speaker 1: Heather Dup see Ellen drive with one New Zealand let's

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Speaker 1: get connected and used talk as it'd be.

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Speaker 3: You know, hey, Olli Peterson standing by out of Australia

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Speaker 3: and Barry Soap is going to be with us in

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Speaker 3: ten minutes on politics, and I'm going to get you

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Speaker 3: across a little bit more of the detail that we

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Speaker 3: what we know about raisor versus lyon the shock and

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Speaker 3: it really is a shock of this before we have

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Speaker 3: a chat to Alliot Smith about it after five o'clock.

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Speaker 3: Here the one of the best ways children learn to

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Speaker 3: speak in sentences and use words with more than one

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Speaker 3: syllable is through discussion. How many parents do we see

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Speaker 3: at the playground with the kids, or on the beach,

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Speaker 3: or even pushing a stroller and they're on their phones

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Speaker 3: the whole time rather than having a chat with their kids.

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Speaker 3: It really annoys me.

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Speaker 2: Lee.

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Speaker 3: I tend to feel the same as you, but and

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Speaker 3: I feel like this is a really important thing to say. Right,

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Speaker 3: most parents are actually awesome at being parents, and you

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Speaker 3: have to cut them a little bit of slack. Like

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Speaker 3: I think kiddies having half an hour of screen time

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Speaker 3: a day because Mum needs to cook the dinner is

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Speaker 3: not unreasonable. Like, you don't have to be a perfect parent,

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Speaker 3: You just have to be a good enough parent. And

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Speaker 3: I think if you run yourself ragged being perfect and

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Speaker 3: saying I have to cook dinner while trying to balance

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Speaker 3: little Leiggy on my hap, who's like smacking me with

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Speaker 3: a pasta pod, Like, you're just gonna go crazy if

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Speaker 3: you keep doing that. Give them half an hour of

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Speaker 3: screen time, It's okay. What I'm talking about is excessive

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Speaker 3: screen time one hour, two hour, three hours. Now you're

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Speaker 3: in trouble, right, so chuck them in front of a

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Speaker 3: peper pig for seven minutes so you can have a shower.

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Speaker 3: That's not a crazy thing to do. And by the

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Speaker 3: same token, if you see parents out and they're at

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Speaker 3: the playground, and I'm saying this as the parent of

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Speaker 3: a toddler, and they are using it as an opportunity to,

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Speaker 3: for God's sake, just get ten minutes on their phone

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Speaker 3: while the child is on the slide, cut them some slack,

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Speaker 3: because I'll tell you what. There's no phone time like

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Speaker 3: in my house, a no phone time at home. It's

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Speaker 3: all playing with cool cars, Uncle Johnny Carr, Mummy car,

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Speaker 3: Daddy car, Oh my gosh, cars all the time. And

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Speaker 3: when you get to the playground you just get a break.

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Speaker 3: So cut the parents some slack as well. I think

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Speaker 3: we all know who the bad parents are, don't we.

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Speaker 3: Twenty three away.

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Speaker 2: From five, it's the world wires on news talks, it'd

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Speaker 2: be drive.

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Speaker 3: The Democrat have finally finally given us a celebrity speaker's

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Speaker 3: rival Hulk Hogan at the National convention in Chicago. It

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Speaker 3: was Oprah Winfrey.

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Speaker 9: Here she is.

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Speaker 2: We're now so fired up we can't wait to leave

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Speaker 2: here and do something. And what we're gonna do.

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Speaker 3: Is elect colinra Harris as the next president after United States.

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Speaker 3: By the way, Oprah's looking good. She's been hitting that

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Speaker 3: ozempic Hard. Israel has ordered civilians in some areas of

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Speaker 3: central and southern Gaza to evacuate. Humanitarian officials have warned

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Speaker 3: that Israel's designated safe zone in the Gaza strippers overcrowded

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Speaker 3: and people are struggling to get in, and Palestinians in

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Speaker 3: the Gaza strips say they found it impossible to get

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Speaker 3: away from the fighting.

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Speaker 7: We were just placed twenty times. I swear to God.

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Speaker 7: Our houses and tents were struck. They do not want

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Speaker 7: us to live. They don't even want us to enjoy

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Speaker 7: our life. The people are dying and they're wounded. The

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Speaker 7: people do not know where to go.

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Speaker 3: And finally, scientists, just to make your life better, have

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Speaker 3: discovered a new species of tarantula. It's black, it's hairy,

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Speaker 3: it is slightly bigger than an acorner, and lives, thank God,

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Speaker 3: in the mountains of Arizona, which means nowhere near here.

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Speaker 3: There are now thirty species of tarantula that have been

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Speaker 3: discovered in the USA. And you know, in the future

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Speaker 3: would like them to try to discover a new species

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Speaker 3: of cats or dogs or something that's a little less.

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Speaker 1: Harmless International Correspondence with Ends and Eye Insurance, Peace of

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Speaker 1: Mind for New Zealand.

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Speaker 3: Business less harmful. I've had too much screen time today,

439
00:19:52,640 --> 00:19:56,000
Speaker 3: Oliver Peterson, six pr Perth Life Presenters with us Aoli, I.

440
00:19:56,080 --> 00:19:59,480
Speaker 9: Reckon we watch countless episodes every single day in our

441
00:19:59,520 --> 00:20:01,760
Speaker 9: household Pepper Pig, and now we go to Paddington, so

442
00:20:01,880 --> 00:20:03,159
Speaker 9: Paddington's pretty cool to him.

443
00:20:03,760 --> 00:20:05,760
Speaker 3: The thing about Pepper Pig which is good is that

444
00:20:05,840 --> 00:20:08,280
Speaker 3: it's about a seven minute episode, so you can absolutely

445
00:20:08,359 --> 00:20:11,640
Speaker 3: keep track because it's not just rolling from one thing

446
00:20:11,720 --> 00:20:13,520
Speaker 3: to the other, like you've got to play each one

447
00:20:13,560 --> 00:20:15,639
Speaker 3: after the other, so you know what's going on. And

448
00:20:15,720 --> 00:20:17,960
Speaker 3: then also a ollie, you've got the good one where

449
00:20:18,000 --> 00:20:21,160
Speaker 3: you can be like one more episode and it doesn't

450
00:20:21,200 --> 00:20:21,919
Speaker 3: have to be half an hour.

451
00:20:22,400 --> 00:20:22,840
Speaker 2: Yeah, I know.

452
00:20:23,040 --> 00:20:25,720
Speaker 9: And coming up in your Instagram feeds shortly will be

453
00:20:25,840 --> 00:20:30,440
Speaker 9: the Pepper Pig open top bus tour in London, and Heather,

454
00:20:30,560 --> 00:20:33,200
Speaker 9: I reckon that Iggy might be saying Mum, I want

455
00:20:33,240 --> 00:20:34,240
Speaker 9: to go over there soon or other.

456
00:20:34,560 --> 00:20:36,800
Speaker 3: Just a thought on Bluey quickly. Okay, seeing as like

457
00:20:36,920 --> 00:20:39,840
Speaker 3: this is what we've descended into now, I love it,

458
00:20:40,280 --> 00:20:43,720
Speaker 3: but sometimes I feel just a little bit sad about

459
00:20:43,800 --> 00:20:46,399
Speaker 3: how perfect that family is and I'm.

460
00:20:46,280 --> 00:20:49,040
Speaker 9: Not do you not feel like that ondred percent? But

461
00:20:49,080 --> 00:20:51,840
Speaker 9: I'll tell you I am like banded. I love teasing

462
00:20:52,040 --> 00:20:55,000
Speaker 9: the kids. I'm big into, you know, just taking the

463
00:20:55,080 --> 00:20:57,200
Speaker 9: mickey out of them. But anyway, that's our parenting segment.

464
00:20:57,240 --> 00:21:00,439
Speaker 3: Heather, Oh yeah, I'm like, I'm like Bandit's wife. Remember

465
00:21:00,560 --> 00:21:03,160
Speaker 3: to take everything everywhere, all of the time and look

466
00:21:03,200 --> 00:21:03,760
Speaker 3: after the kids.

467
00:21:04,720 --> 00:21:04,880
Speaker 10: Yeah.

468
00:21:04,960 --> 00:21:07,480
Speaker 3: And I guess if you're bandit, then you forget everything

469
00:21:07,520 --> 00:21:09,960
Speaker 3: all the time. Hey, listen, So have we got a like,

470
00:21:10,040 --> 00:21:11,520
Speaker 3: are we serious about the fact that we've got a

471
00:21:11,560 --> 00:21:13,119
Speaker 3: recessionary problem here in Australia.

472
00:21:13,280 --> 00:21:15,240
Speaker 9: Well, de a Lloyde reckons we might. And they've done

473
00:21:15,240 --> 00:21:17,440
Speaker 9: a big survey of all the chief financial offices in

474
00:21:17,520 --> 00:21:20,240
Speaker 9: Australia and they're predicting over the next tour months gear

475
00:21:20,320 --> 00:21:23,600
Speaker 9: up for these one hundred thousand Australians will become unemployed.

476
00:21:23,880 --> 00:21:26,840
Speaker 9: The unemployment rate sits at four point two percent, it's

477
00:21:26,880 --> 00:21:29,680
Speaker 9: expected to head towards four point five percent. And we're

478
00:21:29,680 --> 00:21:31,879
Speaker 9: also seeing the data indicated in the job ads. At

479
00:21:31,880 --> 00:21:35,040
Speaker 9: the moment, a SEK puts out information every single month

480
00:21:35,119 --> 00:21:37,959
Speaker 9: and there are just a lack of jobs which are

481
00:21:38,000 --> 00:21:39,879
Speaker 9: being posted on the seek website where I am on

482
00:21:39,920 --> 00:21:42,119
Speaker 9: this side of the country in Wa of course, the

483
00:21:42,240 --> 00:21:43,920
Speaker 9: home of iron or in the engine room of the

484
00:21:43,960 --> 00:21:47,040
Speaker 9: Australian economy. Lots of the big miners are putting staff off,

485
00:21:47,160 --> 00:21:49,800
Speaker 9: Lots of the lithium miners are putting staff off.

486
00:21:49,920 --> 00:21:52,159
Speaker 3: So yeah, we've got a bumpy road ahead. Yeah, I

487
00:21:52,200 --> 00:21:54,520
Speaker 3: think you guys may well do what's going on with Jetstar.

488
00:21:54,600 --> 00:21:55,440
Speaker 3: How much trouble are they in?

489
00:21:55,680 --> 00:21:57,399
Speaker 9: Well, they could be in a heap of trouble because

490
00:21:57,440 --> 00:22:00,400
Speaker 9: they have just blatantly ignored the Australian consumer the laws

491
00:22:00,480 --> 00:22:04,280
Speaker 9: during the COVID nineteen pandemic and allegedly not refunded or

492
00:22:04,320 --> 00:22:08,480
Speaker 9: provided credits to hundreds of thousands of customers who were

493
00:22:08,520 --> 00:22:12,720
Speaker 9: delayed by all of those COVID imposed lockdowns. Now they're

494
00:22:12,720 --> 00:22:14,560
Speaker 9: saying that anyone who held tickets for flights that were

495
00:22:14,600 --> 00:22:17,240
Speaker 9: canceled between the first of January twenty twenty and November one,

496
00:22:17,359 --> 00:22:20,119
Speaker 9: twenty two can join a class action which has been

497
00:22:20,160 --> 00:22:22,800
Speaker 9: launched by Echo Law. So we are talking here about

498
00:22:22,840 --> 00:22:25,399
Speaker 9: tens of thousands of customers. Either this could be a

499
00:22:25,440 --> 00:22:28,639
Speaker 9: big payday from Jetstar now of all.

500
00:22:28,560 --> 00:22:32,760
Speaker 3: Of the things Ollie that would fall in sales during

501
00:22:32,840 --> 00:22:35,840
Speaker 3: a cost of living crisis. It surprised me. It surprises

502
00:22:35,920 --> 00:22:37,080
Speaker 3: me that it's chicken sales.

503
00:22:37,720 --> 00:22:40,439
Speaker 9: Me too because Ozzie's love chicken, and when you think

504
00:22:40,480 --> 00:22:43,320
Speaker 9: about it, they're probably right. We on average US meat

505
00:22:43,400 --> 00:22:46,680
Speaker 9: eaters would consume at least fifty kilograms of chicken a year.

506
00:22:46,760 --> 00:22:48,760
Speaker 9: That's a bit of a scary thought when you put

507
00:22:48,800 --> 00:22:51,760
Speaker 9: it in that kind of context. But for the first

508
00:22:51,840 --> 00:22:56,359
Speaker 9: time KFC have seen sales decline in Australia and the

509
00:22:56,520 --> 00:22:59,400
Speaker 9: survey says that lots of Ossie's actually think the chicken

510
00:22:59,520 --> 00:23:02,680
Speaker 9: is becoming too expensive, so they're going without meat. Because

511
00:23:02,720 --> 00:23:05,800
Speaker 9: of course chicken is widely considered in Australia anyway the

512
00:23:05,920 --> 00:23:08,560
Speaker 9: cheapest variety of all the things. So this is a

513
00:23:08,680 --> 00:23:11,399
Speaker 9: real cost of living concern and showing that we are

514
00:23:11,480 --> 00:23:14,920
Speaker 9: not taking the bite out of our weekly meal consumption

515
00:23:15,000 --> 00:23:16,719
Speaker 9: when it comes to chicken, and what are we going

516
00:23:16,760 --> 00:23:19,080
Speaker 9: for instead noodles or something that's a little bit cheaper.

517
00:23:19,200 --> 00:23:22,159
Speaker 3: So yeah, that's a really interesting observation. We're basing this

518
00:23:22,359 --> 00:23:24,680
Speaker 3: on chicken sales at the supermarket, where at one hundred

519
00:23:24,680 --> 00:23:26,280
Speaker 3: percent is the most cost effective meat or are we

520
00:23:26,359 --> 00:23:26,879
Speaker 3: basing it on.

521
00:23:26,960 --> 00:23:32,040
Speaker 9: KFC KFC, because yeah, look, you go to the supermarket chicken. No,

522
00:23:32,240 --> 00:23:33,920
Speaker 9: you're going to get nine bucks for chicken and feed

523
00:23:33,960 --> 00:23:34,800
Speaker 9: the whole family.

524
00:23:36,000 --> 00:23:38,240
Speaker 3: Old chicken drumsticks. I mean that's like you get a

525
00:23:38,280 --> 00:23:41,520
Speaker 3: thousand of them for nine dollars or some chicken tenders. Yeah,

526
00:23:41,560 --> 00:23:43,880
Speaker 3: good stuff, Ollie, thank you very much. Oliver Peterson six

527
00:23:43,960 --> 00:23:49,520
Speaker 3: PR Live presenter. Now, Okay, this fallout between Razor and

528
00:23:49,640 --> 00:23:53,120
Speaker 3: Leon McDonald is significant in a shock because these guys

529
00:23:53,160 --> 00:23:57,240
Speaker 3: are like, really really really old mates. They Leon, I

530
00:23:57,280 --> 00:24:00,159
Speaker 3: don't know if you remember, was back when Rays it

531
00:24:00,240 --> 00:24:03,360
Speaker 3: was looking at potentially rolling Fozzy. Leon was the guy

532
00:24:03,440 --> 00:24:06,120
Speaker 3: who he'd already tapped back then as being his assistant coach.

533
00:24:06,160 --> 00:24:08,520
Speaker 3: So this goes back years that they wanted to work

534
00:24:08,520 --> 00:24:10,560
Speaker 3: together at the All Blacks. They used to play together

535
00:24:10,600 --> 00:24:12,480
Speaker 3: for Canterbury. They used to play together for the All Blacks.

536
00:24:12,520 --> 00:24:15,040
Speaker 3: They work together as coaches for the Crusaders, so they've

537
00:24:15,040 --> 00:24:17,200
Speaker 3: known each other for ages now they have had a

538
00:24:17,280 --> 00:24:20,520
Speaker 3: falling out by the sounds of things going on weeks now,

539
00:24:21,000 --> 00:24:22,840
Speaker 3: and so they've pulled the pin now and it's only

540
00:24:22,920 --> 00:24:25,920
Speaker 3: two months into their coaching together. Raiser reckons that what's

541
00:24:25,920 --> 00:24:28,760
Speaker 3: gone wrongs they having agreed on strategy, just a.

542
00:24:28,720 --> 00:24:31,919
Speaker 11: Little bit of philosophy on rugby, how it was played,

543
00:24:32,920 --> 00:24:36,760
Speaker 11: and it just didn't quite click in different aspects.

544
00:24:37,160 --> 00:24:40,720
Speaker 3: And he reckons this is by mutual agreement. They have

545
00:24:40,920 --> 00:24:43,080
Speaker 3: agreed to part ways like this.

546
00:24:43,440 --> 00:24:45,040
Speaker 11: There's no intent to get to the point there we

547
00:24:45,119 --> 00:24:47,280
Speaker 11: are now, but we just believe for both of us,

548
00:24:47,440 --> 00:24:49,800
Speaker 11: the best thing is as for the all back group,

549
00:24:49,960 --> 00:24:53,240
Speaker 11: is we make a call now before we move forward

550
00:24:53,320 --> 00:24:57,640
Speaker 11: and early make your decision, you know, to decision. Pray

551
00:24:57,680 --> 00:24:59,199
Speaker 11: for both of us. But we went through a process

552
00:24:59,240 --> 00:24:59,920
Speaker 11: and we've got.

553
00:24:59,800 --> 00:25:03,720
Speaker 3: To We went through a process. So when you go

554
00:25:03,880 --> 00:25:06,159
Speaker 3: through a process, that suggests to me, this is not

555
00:25:06,280 --> 00:25:08,399
Speaker 3: like Laura and I just the producer sitting down with

556
00:25:08,440 --> 00:25:11,040
Speaker 3: each other and go, oh, you get on my tip lately. Yeah,

557
00:25:11,080 --> 00:25:12,439
Speaker 3: now you get on my tip too. Okay, cool, Now,

558
00:25:12,480 --> 00:25:13,960
Speaker 3: don't worry about it. Okay, you go work there and

559
00:25:14,000 --> 00:25:16,760
Speaker 3: I'll work here. You know that there's no process there.

560
00:25:16,800 --> 00:25:18,080
Speaker 3: Do you know what I means? Haven't caught it all

561
00:25:18,119 --> 00:25:20,160
Speaker 3: in the part ways? Go do the market somewhere else.

562
00:25:20,680 --> 00:25:25,800
Speaker 3: A process suggests to me, hmm, somebody has had to

563
00:25:25,880 --> 00:25:28,200
Speaker 3: trigger the old HR or the old legal Do you

564
00:25:28,240 --> 00:25:31,600
Speaker 3: know what I'm saying? And this week expensive? Because Leon,

565
00:25:31,680 --> 00:25:34,360
Speaker 3: by the way, Beattie or the producer, you're all good,

566
00:25:34,480 --> 00:25:37,320
Speaker 3: you don't, Yes, you're fine, you can stay and can

567
00:25:37,400 --> 00:25:41,760
Speaker 3: I yes? Thank you? Okay? Anyway, two years. So this

568
00:25:41,920 --> 00:25:44,399
Speaker 3: is the very very very very very very start of

569
00:25:44,520 --> 00:25:47,879
Speaker 3: a four year contract. So the question is do you

570
00:25:47,960 --> 00:25:50,280
Speaker 3: pay him out for the entire four year contract that's

571
00:25:50,840 --> 00:25:53,080
Speaker 3: well over a million, I would say, or do you

572
00:25:53,200 --> 00:25:54,880
Speaker 3: just pay him out for maybe half of it, which

573
00:25:54,880 --> 00:25:58,119
Speaker 3: is probably still over a million. Anyway, Elliot Smith might

574
00:25:58,160 --> 00:25:59,960
Speaker 3: be able to shed some light on this. After five o'clock,

575
00:26:00,040 --> 00:26:01,040
Speaker 3: Barry Soopas next.

576
00:26:01,640 --> 00:26:05,800
Speaker 1: Politics was centrics credit, check your customers and get payments certainty.

577
00:26:05,680 --> 00:26:08,520
Speaker 3: For senior political correspondence here, Hey, Barry, good afternoon, Heather.

578
00:26:09,280 --> 00:26:12,480
Speaker 3: Winston Peters, did he mount a convincing argument for why

579
00:26:12,640 --> 00:26:14,760
Speaker 3: he needs to vote the Treaty Principal's Bill down?

580
00:26:15,480 --> 00:26:18,920
Speaker 12: Look, I think you were talking past each other, and

581
00:26:20,600 --> 00:26:23,760
Speaker 12: Winston has in the past. This is an age old

582
00:26:24,640 --> 00:26:28,000
Speaker 12: bugbear of Winston Peters. Back in two thousand and five

583
00:26:28,720 --> 00:26:32,080
Speaker 12: he introduced a private member's bill, and that was to

584
00:26:32,240 --> 00:26:35,840
Speaker 12: remove the principles of the treaty from every piece of

585
00:26:35,960 --> 00:26:39,640
Speaker 12: legislation references to you. It was put there by Jeffrey Palmer,

586
00:26:39,840 --> 00:26:44,240
Speaker 12: the law lord of the Labor Party. He put it there.

587
00:26:44,440 --> 00:26:46,080
Speaker 3: How did he go with that bill in two thousand

588
00:26:46,080 --> 00:26:47,399
Speaker 3: and five, Well, it.

589
00:26:47,480 --> 00:26:51,360
Speaker 12: Was defeated because it was defeated by the government which

590
00:26:51,480 --> 00:26:53,840
Speaker 12: was Labor, the Greens and the Maldiro.

591
00:26:53,480 --> 00:26:55,240
Speaker 3: So he didn't remove any of the references.

592
00:26:55,440 --> 00:26:57,520
Speaker 12: Well, he did, didn't get past the first ROLLI.

593
00:26:57,760 --> 00:26:59,720
Speaker 3: I mean, come on, Barry, you've been around as long

594
00:26:59,760 --> 00:27:02,000
Speaker 3: as he has been around. Do you really believe that

595
00:27:02,080 --> 00:27:04,080
Speaker 3: he's ever going to get around to removing the references

596
00:27:04,119 --> 00:27:04,440
Speaker 3: to the prod.

597
00:27:05,119 --> 00:27:08,080
Speaker 12: I don't think because, look, the fact of the matter

598
00:27:08,240 --> 00:27:11,920
Speaker 12: is the principles have been defined by the courts.

599
00:27:11,720 --> 00:27:15,400
Speaker 3: Over it's right. So his coalition promise is he's going

600
00:27:15,480 --> 00:27:18,639
Speaker 3: to remove the references. We are we're close to a

601
00:27:18,760 --> 00:27:20,959
Speaker 3: year into this government and he hasn't removed any yet.

602
00:27:21,080 --> 00:27:21,680
Speaker 3: Is he ever going to?

603
00:27:21,760 --> 00:27:25,320
Speaker 12: Well, you've got a legislat and that takes time. The

604
00:27:25,440 --> 00:27:30,600
Speaker 12: primary principle is by the court scene as partnership, but

605
00:27:30,720 --> 00:27:35,199
Speaker 12: it's never been defined in legislation, which is what Winston

606
00:27:35,280 --> 00:27:38,280
Speaker 12: Peters would argue. So it has been a bug bear.

607
00:27:38,320 --> 00:27:39,760
Speaker 12: It's been a bug bear of a lot of people.

608
00:27:39,920 --> 00:27:42,600
Speaker 12: But look, it's there whether they like it or not,

609
00:27:42,720 --> 00:27:47,000
Speaker 12: and it's canal. Jeffrey Palmer made a good work of

610
00:27:47,080 --> 00:27:50,000
Speaker 12: putting it into legislation. To get it out of so

611
00:27:50,119 --> 00:27:52,119
Speaker 12: many pieces is going to be massive.

612
00:27:52,160 --> 00:27:53,960
Speaker 3: But do you not agree with me? So if Winston

613
00:27:54,000 --> 00:27:56,840
Speaker 3: has a different approach so Seymour's approaches to pass the

614
00:27:56,880 --> 00:28:00,320
Speaker 3: Treaty Principal's Bill, Winston says no, he's going to remove

615
00:28:00,359 --> 00:28:03,360
Speaker 3: the references. If he kills the Treaty Principal's Bill, pressures

616
00:28:03,400 --> 00:28:05,080
Speaker 3: on to remove the references, You've got to do one

617
00:28:05,160 --> 00:28:05,439
Speaker 3: or the other.

618
00:28:05,600 --> 00:28:09,840
Speaker 12: Well, yeah, the other is really difficult because there are

619
00:28:09,920 --> 00:28:12,520
Speaker 12: so many pieces of legislation now.

620
00:28:12,520 --> 00:28:14,119
Speaker 3: In which case he would the principles.

621
00:28:14,240 --> 00:28:15,919
Speaker 2: Well, yeah, I agree.

622
00:28:16,080 --> 00:28:19,480
Speaker 12: I mean, I'm totally agree with the Treaty Principal's Bill.

623
00:28:20,359 --> 00:28:23,440
Speaker 12: And we haven't seen it yet, but I don't think

624
00:28:23,480 --> 00:28:25,720
Speaker 12: it's going to be as draconian as what a lot

625
00:28:25,760 --> 00:28:29,080
Speaker 12: of people think. I think, you know it'll be. I

626
00:28:29,160 --> 00:28:31,800
Speaker 12: would imagine once it's been floated in the public arena,

627
00:28:32,880 --> 00:28:35,840
Speaker 12: the polling party for the Act Party, their own polling

628
00:28:35,960 --> 00:28:39,880
Speaker 12: is showing sixty percent support for this, and I think

629
00:28:40,040 --> 00:28:44,480
Speaker 12: the Treaty principles will be not as hard as what

630
00:28:44,600 --> 00:28:46,000
Speaker 12: a lot of people are making money.

631
00:28:45,880 --> 00:28:48,120
Speaker 3: Not Listen, did you see Audrey Young's piece in the

632
00:28:48,120 --> 00:28:50,040
Speaker 3: Herall today about David Simore's behavior.

633
00:28:50,160 --> 00:28:50,320
Speaker 13: Yeah?

634
00:28:50,800 --> 00:28:53,160
Speaker 3: Do you agree with her that he may need to

635
00:28:53,240 --> 00:28:55,200
Speaker 3: pull his head in a little bit if he wants

636
00:28:55,240 --> 00:28:56,320
Speaker 3: to be deputy prime minister.

637
00:28:56,320 --> 00:28:59,960
Speaker 12: Well, well, you know, lock all coalition governments have dispute.

638
00:29:01,120 --> 00:29:04,640
Speaker 12: You remember Jim Anderson was once the deputy Prime minister

639
00:29:04,720 --> 00:29:08,000
Speaker 12: as the Alliance leader. I mean, you know, it's a

640
00:29:08,080 --> 00:29:12,800
Speaker 12: common facet I guess of MMP that even though you

641
00:29:12,920 --> 00:29:15,560
Speaker 12: go into a coalition, you can't be buried and many

642
00:29:15,640 --> 00:29:19,160
Speaker 12: parties are by the major party in a coalition and

643
00:29:19,960 --> 00:29:22,760
Speaker 12: you've got to have your own stand and certainly David

644
00:29:22,840 --> 00:29:26,280
Speaker 12: Seymour is exacting that with the Treaty principles.

645
00:29:26,320 --> 00:29:26,520
Speaker 2: Bill.

646
00:29:26,920 --> 00:29:29,640
Speaker 12: I think what David Seymour has been is quite shrewd

647
00:29:29,720 --> 00:29:33,000
Speaker 12: because what he's got, even though he sniped the Prime Minister,

648
00:29:33,120 --> 00:29:35,480
Speaker 12: and I think he could resist from doing that, but

649
00:29:35,600 --> 00:29:39,000
Speaker 12: what he's got his debate on this issue, and I

650
00:29:39,080 --> 00:29:40,800
Speaker 12: think we've just been doing it now. Well, I think

651
00:29:40,800 --> 00:29:41,560
Speaker 12: that's a very good thing.

652
00:29:41,600 --> 00:29:45,720
Speaker 3: I mean, the calculation he has to make is who

653
00:29:45,840 --> 00:29:48,480
Speaker 3: is he trying to impress the most, Chris Luxen or

654
00:29:48,560 --> 00:29:52,760
Speaker 3: his voters as in Seymour's voters, Oh, of courseoters. His

655
00:29:52,960 --> 00:29:56,080
Speaker 3: calculation has quite clearly been just to impress the act

656
00:29:56,120 --> 00:29:57,560
Speaker 3: Party voters. And you can't argue with that.

657
00:29:57,720 --> 00:29:58,560
Speaker 2: You can't argue with that.

658
00:29:58,720 --> 00:30:01,040
Speaker 12: I mean he's the because all.

659
00:30:00,960 --> 00:30:03,880
Speaker 3: Too often the minor coalition partner tries to follow and

660
00:30:04,040 --> 00:30:06,600
Speaker 3: spat out desperately to impress the prime minister of the

661
00:30:06,640 --> 00:30:09,440
Speaker 3: bigger party and look what happens. So no, they shouldn't

662
00:30:09,440 --> 00:30:11,560
Speaker 3: have to brilliant stuff, Barry, Thank you, I really appreciate

663
00:30:11,600 --> 00:30:14,360
Speaker 3: it's Barry. So for senior political correspondents at Away from five.

664
00:30:15,400 --> 00:30:17,240
Speaker 2: Digging into the issues that affect you.

665
00:30:17,800 --> 00:30:21,680
Speaker 1: The Mic Hosking breakfast job declines across seven of sixteen regions,

666
00:30:21,720 --> 00:30:23,320
Speaker 1: which is good if you want to look at the

667
00:30:23,360 --> 00:30:25,600
Speaker 1: glass half full scenario, because that means the majority of

668
00:30:25,640 --> 00:30:27,000
Speaker 1: regions didn't have job decline.

669
00:30:27,000 --> 00:30:28,040
Speaker 2: Are there too many councils?

670
00:30:29,520 --> 00:30:32,160
Speaker 4: Well, look, the need for more shared services is what

671
00:30:32,240 --> 00:30:33,480
Speaker 4: I was absolutely faking.

672
00:30:33,480 --> 00:30:35,560
Speaker 9: I'm certainly not sophisticated enough because I watched and I

673
00:30:35,640 --> 00:30:37,520
Speaker 9: thought this was just weird craps going nowhere anyway.

674
00:30:37,520 --> 00:30:39,400
Speaker 2: See, I watched and I thought this looked so cool.

675
00:30:39,440 --> 00:30:41,600
Speaker 7: So maybe I'm more sophisticated than you who knew.

676
00:30:43,200 --> 00:30:46,440
Speaker 1: No back Tomorrow at six am the Mic Hosking Breakfast

677
00:30:46,520 --> 00:30:48,440
Speaker 1: with the Rain drove of the lahn Used talk.

678
00:30:48,400 --> 00:30:49,800
Speaker 8: Z B Heather.

679
00:30:49,880 --> 00:30:51,440
Speaker 3: I think you will find with all of the air

680
00:30:51,520 --> 00:30:54,560
Speaker 3: conditioning that our summer usage is actually getting closer to

681
00:30:54,640 --> 00:30:58,040
Speaker 3: our winter usage lately. That's why we may face potential

682
00:30:58,080 --> 00:31:00,080
Speaker 3: problems all the way through to January and five. For

683
00:31:00,160 --> 00:31:01,600
Speaker 3: if we start to bring into the lakes right now,

684
00:31:01,640 --> 00:31:04,960
Speaker 3: I would believe that actually now listen Luxon Chris Luxen

685
00:31:05,080 --> 00:31:12,160
Speaker 3: last night, given the old bollocking telling off, Jaddy's angry

686
00:31:12,200 --> 00:31:14,920
Speaker 3: with how you're spending money. Job to the counselors went

687
00:31:14,960 --> 00:31:16,440
Speaker 3: down at treat didn't it. We're going to talk about

688
00:31:16,440 --> 00:31:18,840
Speaker 3: that in the next half hour. And Thomas Nash of

689
00:31:19,000 --> 00:31:21,760
Speaker 3: Greater Wellington Region, he's a counselor there. He was not

690
00:31:21,880 --> 00:31:23,479
Speaker 3: very happy. He said the speech was some of them

691
00:31:23,640 --> 00:31:26,400
Speaker 3: was one of the most manna diminishing performances he's ever seen.

692
00:31:26,680 --> 00:31:28,400
Speaker 3: He's going to be with us after half past five,

693
00:31:28,400 --> 00:31:29,760
Speaker 3: So who want to stay tuned to have a listen

694
00:31:29,840 --> 00:31:35,160
Speaker 3: to that. Jason Moore Moore, Jason Moremore. He's a hot babe,

695
00:31:35,200 --> 00:31:37,880
Speaker 3: isn't he. He's been an Auckland lately, which is just

696
00:31:37,920 --> 00:31:40,960
Speaker 3: a measurably I improved the place. He and his band

697
00:31:41,680 --> 00:31:44,800
Speaker 3: performed last night at the Tuning Fork in Auckland, just

698
00:31:44,880 --> 00:31:46,680
Speaker 3: on a casual Wednesday night, just got up there and

699
00:31:46,720 --> 00:31:54,080
Speaker 3: had a little bit of a play. Was this and

700
00:31:54,320 --> 00:31:55,280
Speaker 3: this is a cover, isn't it?

701
00:31:56,720 --> 00:31:58,160
Speaker 2: It's called for whom the bell told.

702
00:31:58,320 --> 00:31:59,880
Speaker 14: I don't know what I've got rongby in olf that's

703
00:31:59,880 --> 00:32:00,480
Speaker 14: a vis.

704
00:32:00,360 --> 00:32:00,680
Speaker 2: Want or not?

705
00:32:01,040 --> 00:32:03,480
Speaker 3: I like that's an intellible or something like that. Anyway,

706
00:32:03,800 --> 00:32:08,240
Speaker 3: I mean, you can imagine what kind of a crowd

707
00:32:08,240 --> 00:32:10,360
Speaker 3: they're gonna draw with this kind of noise. There was

708
00:32:10,400 --> 00:32:12,280
Speaker 3: some metal heads there. There were some people who liked

709
00:32:12,280 --> 00:32:15,640
Speaker 3: to ride Harley Davidson's and sure enough there were those

710
00:32:15,640 --> 00:32:18,400
Speaker 3: people there, people with guns and Roses T shirts, people

711
00:32:18,720 --> 00:32:22,080
Speaker 3: in Harley David's and jackets and some people and cardigans

712
00:32:23,120 --> 00:32:27,120
Speaker 3: and the ladies. The ladies loved it and they one

713
00:32:27,160 --> 00:32:29,040
Speaker 3: of them said, I'll give you twenty bucks to yell

714
00:32:29,160 --> 00:32:31,880
Speaker 3: take off your shirt to her friend and her friend said,

715
00:32:31,920 --> 00:32:34,000
Speaker 3: oh mate, I'll do it for free. This was overheard

716
00:32:34,040 --> 00:32:36,640
Speaker 3: in the crowd. He took off his shirt. Obviously he did.

717
00:32:37,160 --> 00:32:39,000
Speaker 3: Someone said I need to find out what Jason will

718
00:32:39,040 --> 00:32:40,720
Speaker 3: always drinking so I can buy him a drink and

719
00:32:40,760 --> 00:32:43,880
Speaker 3: deliver it personally. Someone said it's hot as Helen here,

720
00:32:43,920 --> 00:32:47,040
Speaker 3: and I'm not talking temperature, and then one particularly classy

721
00:32:47,160 --> 00:32:52,800
Speaker 3: lady just yelled out, baby daddy, why not just make

722
00:32:52,880 --> 00:32:55,760
Speaker 3: your intent clear? Anyway? Tickets were seventy bucks for a band,

723
00:32:55,800 --> 00:32:57,600
Speaker 3: which I feel like is a lot, but I suppose

724
00:32:57,600 --> 00:33:00,080
Speaker 3: a cheap thrill for a Wednesday night. It's not that

725
00:33:00,200 --> 00:33:03,880
Speaker 3: bad a and they're called uf Tatata. So if you're like, oh,

726
00:33:03,960 --> 00:33:06,680
Speaker 3: I love the sound of that absolute nonsense, go and

727
00:33:06,760 --> 00:33:08,520
Speaker 3: check them out. Absolutely. Is it enough of that?

728
00:33:08,600 --> 00:33:08,840
Speaker 9: As?

729
00:33:09,920 --> 00:33:10,320
Speaker 2: Do you want it to?

730
00:33:10,520 --> 00:33:10,720
Speaker 1: Shall?

731
00:33:10,760 --> 00:33:11,440
Speaker 3: I hold on it?

732
00:33:11,560 --> 00:33:11,600
Speaker 15: Me?

733
00:33:12,040 --> 00:33:12,320
Speaker 10: Stop?

734
00:33:12,800 --> 00:33:12,840
Speaker 2: No?

735
00:33:13,080 --> 00:33:17,240
Speaker 3: God put something else on? Oh, thank God? Much better?

736
00:33:17,280 --> 00:33:19,560
Speaker 3: All right, we talk about the Rugby situation. Next, News

737
00:33:19,600 --> 00:33:31,840
Speaker 3: Talk ZEDB, the.

738
00:33:31,960 --> 00:33:34,960
Speaker 1: Only drive show you can trust to ask the questions,

739
00:33:35,080 --> 00:33:38,520
Speaker 1: get the answers by the facts and give the analysis.

740
00:33:38,880 --> 00:33:42,400
Speaker 1: Heather due to Cellan Drive with One New Zealand Let's

741
00:33:42,480 --> 00:33:44,360
Speaker 1: get connected and News Talk zed B.

742
00:33:46,040 --> 00:33:49,320
Speaker 3: Afternoon. In something of a shock, Razor's sidekick has already

743
00:33:49,400 --> 00:33:52,560
Speaker 3: quit the All Blacks coaching lineup. Assistant coach Leon McDonald

744
00:33:52,640 --> 00:33:56,040
Speaker 3: has resigned after disagreements with head coach Scott Raiser Robertson.

745
00:33:56,360 --> 00:33:59,320
Speaker 3: New Zealand Rugby head of Professional Rugby Chris Lendram says

746
00:33:59,320 --> 00:34:00,320
Speaker 3: it was a mutual decision.

747
00:34:00,920 --> 00:34:05,880
Speaker 15: This was not plan a Obviously, everybody went into the

748
00:34:06,000 --> 00:34:09,719
Speaker 15: planning phase for the All Blacks pretty aligned on where

749
00:34:09,719 --> 00:34:11,320
Speaker 15: we wanted to go and what we wanted to do.

750
00:34:12,520 --> 00:34:14,319
Speaker 15: But just over the past few weeks as they've been

751
00:34:14,360 --> 00:34:17,920
Speaker 15: preparing for games, you know, that's just become a bit

752
00:34:18,000 --> 00:34:20,480
Speaker 15: clearer that, as I say, they're.

753
00:34:20,320 --> 00:34:21,000
Speaker 2: Not quite aligned.

754
00:34:21,560 --> 00:34:23,719
Speaker 3: Elliot Smith's News Talk, zb's Rugby at it in is

755
00:34:23,719 --> 00:34:26,120
Speaker 3: with us now, Elliot, Hello, give us the hot goss.

756
00:34:26,600 --> 00:34:27,919
Speaker 3: Did he really quit or was he pushed?

757
00:34:28,000 --> 00:34:28,120
Speaker 16: Oh?

758
00:34:28,160 --> 00:34:30,279
Speaker 14: Look, I think they've come to a mutual decision that

759
00:34:31,040 --> 00:34:34,400
Speaker 14: it's not working, and so whether it was pushed or

760
00:34:34,480 --> 00:34:37,080
Speaker 14: jumped or walked, I think they've come to the decision

761
00:34:37,120 --> 00:34:39,320
Speaker 14: that it's just simply not working. They need to part ways.

762
00:34:39,400 --> 00:34:41,680
Speaker 14: So I think they would have come to it here.

763
00:34:41,960 --> 00:34:44,200
Speaker 14: I think it's probably the right decision. That they're not

764
00:34:44,280 --> 00:34:48,000
Speaker 14: dragging it out for too much longer. It's Scott Robinson's team,

765
00:34:48,040 --> 00:34:50,120
Speaker 14: so ultimately he would have made this decision. If he

766
00:34:50,160 --> 00:34:52,279
Speaker 14: wanted Leon to stay, he would have gone, now, mate,

767
00:34:52,280 --> 00:34:52,839
Speaker 14: we can work this out.

768
00:34:52,840 --> 00:34:53,520
Speaker 2: We can figure it out.

769
00:34:53,800 --> 00:34:56,279
Speaker 14: Leon's gone and gone. Actually this isn't working. So I

770
00:34:56,360 --> 00:34:59,000
Speaker 14: think there's definitely you know, it's Scott Robinson's team. He

771
00:34:59,040 --> 00:35:00,640
Speaker 14: wants to imprint the way he he wants to coach

772
00:35:00,680 --> 00:35:02,760
Speaker 14: on this team. It would have ultimately been his decision.

773
00:35:02,840 --> 00:35:04,520
Speaker 3: I mean, they're about to head off to South Africa

774
00:35:04,600 --> 00:35:08,000
Speaker 3: those are Berg matches. Has something happened just now as

775
00:35:08,000 --> 00:35:08,319
Speaker 3: has been.

776
00:35:08,280 --> 00:35:10,080
Speaker 14: Brought It sounds like I've been browing over at last

777
00:35:10,320 --> 00:35:12,560
Speaker 14: five games that they've played. I mean, you know, Scott

778
00:35:12,600 --> 00:35:14,160
Speaker 14: Robinsons not only been in charge for five games that

779
00:35:14,200 --> 00:35:16,839
Speaker 14: would have had meetings during Super Rugby. But ultimately it's

780
00:35:16,880 --> 00:35:18,320
Speaker 14: once you get in camp and the rubber hits the

781
00:35:18,400 --> 00:35:20,640
Speaker 14: road and you begin to coach that you figure out

782
00:35:20,719 --> 00:35:22,400
Speaker 14: a lot more about these things. Remembering that you know,

783
00:35:22,440 --> 00:35:24,800
Speaker 14: Scott Robinson picked Leo McDonald to be part of it,

784
00:35:24,840 --> 00:35:27,000
Speaker 14: wasn't like he was thrust upon him and Scott robertson

785
00:35:27,040 --> 00:35:29,000
Speaker 14: wanted him in twenty nineteen when he interviewed for the

786
00:35:29,080 --> 00:35:32,160
Speaker 14: job as well. But you know, things change. Scott Robinson

787
00:35:32,160 --> 00:35:34,360
Speaker 14: had Loo McDonald as an assistant at the Crusaders in

788
00:35:34,400 --> 00:35:37,440
Speaker 14: twenty seventeen. Leon left after that and then decided to

789
00:35:37,920 --> 00:35:39,560
Speaker 14: go to the Blues where he was going to be

790
00:35:39,600 --> 00:35:42,080
Speaker 14: an assistant originally, then took on the head coaching job,

791
00:35:42,120 --> 00:35:43,920
Speaker 14: and that, you know, changes things. It's not the assistant

792
00:35:43,960 --> 00:35:47,000
Speaker 14: that Leon was in twenty seventeen. Potentially Leon's been used

793
00:35:47,040 --> 00:35:49,320
Speaker 14: to being the head coach to head on cho and

794
00:35:49,440 --> 00:35:50,200
Speaker 14: now I think.

795
00:35:50,160 --> 00:35:52,000
Speaker 3: That's at the heart of it is that last time

796
00:35:52,080 --> 00:35:55,239
Speaker 3: they worked together it was very clearly head coach assistant coach,

797
00:35:55,400 --> 00:35:57,640
Speaker 3: and since then it's actually two head coaches.

798
00:35:57,800 --> 00:36:00,279
Speaker 14: I think so, and look, this is Scott Robinson team

799
00:36:00,280 --> 00:36:02,200
Speaker 14: and then Lio McDonald's developed the only way, the way

800
00:36:02,239 --> 00:36:03,760
Speaker 14: that he wants to go about things at the Blues

801
00:36:03,760 --> 00:36:05,680
Speaker 14: and will be used to doing the way that he

802
00:36:05,800 --> 00:36:08,680
Speaker 14: coaches a team. And I think obviously there's some fundamental

803
00:36:08,719 --> 00:36:10,959
Speaker 14: differences between the way they want to prepare for games,

804
00:36:11,000 --> 00:36:14,120
Speaker 14: the attacking strategy that ultimately Scott Robertson wants to get

805
00:36:14,440 --> 00:36:15,680
Speaker 14: out of Leo McDonald.

806
00:36:15,560 --> 00:36:17,319
Speaker 3: Right so four year contract, what does he get paid

807
00:36:17,320 --> 00:36:18,040
Speaker 3: out two years?

808
00:36:18,080 --> 00:36:20,520
Speaker 14: There's probably a clause in there somewhere saying if X

809
00:36:20,600 --> 00:36:22,320
Speaker 14: y Z isn't working out, you probably get half of it.

810
00:36:22,360 --> 00:36:24,640
Speaker 3: I would guess, do you reckon he's on big money

811
00:36:24,640 --> 00:36:26,719
Speaker 3: because I remember Fozzy was on massive money as he.

812
00:36:27,000 --> 00:36:29,839
Speaker 14: I'm not sure about an assistant. I'd say it's reasonable money.

813
00:36:30,440 --> 00:36:32,919
Speaker 14: I'm sure Sot Robinson's on decent, decent coin, but yeah,

814
00:36:33,719 --> 00:36:35,879
Speaker 14: I'm not sure what kind of money Donald beyond.

815
00:36:36,160 --> 00:36:38,960
Speaker 3: Okay, So the real test is going to be how

816
00:36:39,040 --> 00:36:41,440
Speaker 3: they perform against the spring Bucks. And this is now

817
00:36:41,480 --> 00:36:43,480
Speaker 3: on Raizer, right, this is all him. Now he's going

818
00:36:43,560 --> 00:36:43,800
Speaker 3: to have you.

819
00:36:43,880 --> 00:36:45,879
Speaker 14: Yeah, the decision has been made. And look they've moved

820
00:36:45,880 --> 00:36:47,359
Speaker 14: in a couple of other coaches to take on Leo

821
00:36:47,440 --> 00:36:50,680
Speaker 14: McDonald's portfolio for the time being. But they've made the decision.

822
00:36:50,680 --> 00:36:52,800
Speaker 14: Do you drag it out for two more weeks and

823
00:36:52,920 --> 00:36:55,560
Speaker 14: go let's see if South Africa going on tour makes

824
00:36:55,640 --> 00:36:58,040
Speaker 14: things work? We can you know, get away from everything

825
00:36:58,160 --> 00:37:01,399
Speaker 14: the media in New Zealand exceeds and then you get

826
00:37:01,440 --> 00:37:02,000
Speaker 14: a result there.

827
00:37:02,239 --> 00:37:03,560
Speaker 3: What I mean is they going to have to get

828
00:37:03,680 --> 00:37:06,319
Speaker 3: results in South Africa otherwise everybody's going to wonder whether

829
00:37:06,400 --> 00:37:07,360
Speaker 3: actually Lyon was the.

830
00:37:08,200 --> 00:37:10,800
Speaker 14: Yeah, quite possibly. But how long do you drag it

831
00:37:10,800 --> 00:37:12,440
Speaker 14: out for if it's clearly not working and you know

832
00:37:12,520 --> 00:37:14,919
Speaker 14: you've come to that conclusion within five test matches. It's

833
00:37:14,920 --> 00:37:17,359
Speaker 14: not like it's after eighteen months or whatever. It's five

834
00:37:17,440 --> 00:37:19,719
Speaker 14: test matches. You do you give it two weeks? Do

835
00:37:19,760 --> 00:37:21,480
Speaker 14: you go to marriage counseling or do you just give it?

836
00:37:22,320 --> 00:37:24,920
Speaker 14: Get the divorce now and get the payout.

837
00:37:25,040 --> 00:37:27,280
Speaker 3: No, no, just get the don't don't even get married,

838
00:37:27,520 --> 00:37:29,160
Speaker 3: just make sure, don't even sign the pre nup.

839
00:37:29,280 --> 00:37:29,680
Speaker 10: Just get out.

840
00:37:30,640 --> 00:37:32,640
Speaker 3: Thank you very much, appreciate it, mate, You're awesome. That's

841
00:37:32,640 --> 00:37:35,319
Speaker 3: Elliot Smith, Newstalk zb's Rugby editor. Eleven past five.

842
00:37:36,280 --> 00:37:37,560
Speaker 2: Ever do for ce Ellen.

843
00:37:37,920 --> 00:37:41,160
Speaker 3: Transpower has decided that power generators will now be allowed

844
00:37:41,200 --> 00:37:42,920
Speaker 3: to dip into the hydro lakes that are already at

845
00:37:42,960 --> 00:37:45,759
Speaker 3: record low levels controlled hydro storage just sitting at just

846
00:37:46,000 --> 00:37:49,080
Speaker 3: fifty five percent of average for this time of year. Now,

847
00:37:49,120 --> 00:37:51,719
Speaker 3: that is one of the lowest levels in about ninety years.

848
00:37:51,800 --> 00:37:56,600
Speaker 3: Neil Barclay's Meridian's chief executive. Hey, Neil, hi hever heard you, well,

849
00:37:56,640 --> 00:37:58,799
Speaker 3: thank you, You've got permission to draw down. But are

850
00:37:58,800 --> 00:38:00,440
Speaker 3: you actually going to draw down.

851
00:38:02,080 --> 00:38:05,960
Speaker 17: At this stag I'd say it's unlikely. We've had some

852
00:38:06,080 --> 00:38:07,960
Speaker 17: drips and drags of water into the lakes in the

853
00:38:08,080 --> 00:38:12,920
Speaker 17: last week, excuse me, and the forecast is looking pretty

854
00:38:12,920 --> 00:38:15,279
Speaker 17: strong as well, plus all the other actions that have

855
00:38:15,360 --> 00:38:18,160
Speaker 17: been taken across the sector, you know, for example, the

856
00:38:18,200 --> 00:38:22,680
Speaker 17: meth and X deal and the demand response del that

857
00:38:22,719 --> 00:38:24,680
Speaker 17: we've done with ENSIS over the last week as well.

858
00:38:24,760 --> 00:38:26,640
Speaker 3: Okay, so we go for the gas out of the

859
00:38:26,680 --> 00:38:28,480
Speaker 3: meth and X deal before we start drawing down on

860
00:38:28,480 --> 00:38:29,160
Speaker 3: the hydro lakes.

861
00:38:29,200 --> 00:38:33,560
Speaker 17: Yeah, ideally, Yeah, I mean there are environmental impacts once

862
00:38:33,600 --> 00:38:35,959
Speaker 17: you's driven to those the bottom ends of those lakes,

863
00:38:36,000 --> 00:38:39,239
Speaker 17: and so we do it cautiously, and we're certainly going

864
00:38:39,280 --> 00:38:40,919
Speaker 17: to use the meth and X options.

865
00:38:40,600 --> 00:38:41,520
Speaker 2: First, Neil.

866
00:38:41,719 --> 00:38:44,200
Speaker 3: If we were to draw down, we would potentially be

867
00:38:44,280 --> 00:38:46,560
Speaker 3: bringing ourselves trouble in summer, wouldn't we, because then the

868
00:38:47,840 --> 00:38:49,000
Speaker 3: lake levels might be too low.

869
00:38:50,400 --> 00:38:52,720
Speaker 17: Well, we're coming in to and flow seasons, so typically

870
00:38:52,760 --> 00:38:54,480
Speaker 17: in the southern Alps you get a lot of whea

871
00:38:54,520 --> 00:38:56,879
Speaker 17: the patterns coming and dropping a lot of water into

872
00:38:56,920 --> 00:39:00,439
Speaker 17: the mountains, you know, in spring and in summer. That's

873
00:39:00,520 --> 00:39:04,360
Speaker 17: typically when we get most of the inflows. So you know,

874
00:39:04,680 --> 00:39:09,279
Speaker 17: the outlook is still a bit uncertained, but ideally would

875
00:39:09,360 --> 00:39:11,600
Speaker 17: like to go certainly into the next winter for lakes,

876
00:39:11,760 --> 00:39:12,799
Speaker 17: and so that's that's what.

877
00:39:12,880 --> 00:39:14,440
Speaker 5: We need to manage, all right.

878
00:39:14,520 --> 00:39:15,840
Speaker 3: Is this going to bring down power prices?

879
00:39:17,920 --> 00:39:19,839
Speaker 17: Yeah? Well, I think as soon as the lakes start

880
00:39:19,880 --> 00:39:23,200
Speaker 17: filling up and we can start reverting more back into hypergeneration,

881
00:39:23,520 --> 00:39:26,319
Speaker 17: you'll certainly see spot prices start us often quite a lot.

882
00:39:26,400 --> 00:39:27,640
Speaker 3: How far how far away is that?

883
00:39:29,719 --> 00:39:31,920
Speaker 17: Well, like I say, there's a massive weather system come

884
00:39:31,960 --> 00:39:33,640
Speaker 17: out age. I shouldn't say because I don't want to

885
00:39:33,680 --> 00:39:35,759
Speaker 17: jinx it, but there is a lot of wa coming

886
00:39:35,840 --> 00:39:36,399
Speaker 17: into the hills.

887
00:39:36,960 --> 00:39:39,279
Speaker 3: I mean we're talking within days, are we.

888
00:39:41,480 --> 00:39:43,960
Speaker 17: Yeah, probably, depending on how much. If we get a

889
00:39:44,040 --> 00:39:47,600
Speaker 17: meter lift in the lake, for example, over the course

890
00:39:47,680 --> 00:39:50,920
Speaker 17: of the weekend and into next week, that buys another

891
00:39:51,640 --> 00:39:54,920
Speaker 17: two or three weeks, and then you expect to get

892
00:39:54,960 --> 00:39:57,760
Speaker 17: further in flows as we move into sort of spring.

893
00:39:57,960 --> 00:40:01,680
Speaker 17: So it's all looking a lot more favorable than what

894
00:40:01,800 --> 00:40:03,319
Speaker 17: it was probably three weeks ago.

895
00:40:03,400 --> 00:40:04,480
Speaker 6: Thank that's a point.

896
00:40:04,560 --> 00:40:06,600
Speaker 3: That's good news, Neil, Thank you very much. Neil Barclay,

897
00:40:06,680 --> 00:40:08,319
Speaker 3: Chief executive at Meridia, and we're all going to become

898
00:40:08,360 --> 00:40:11,040
Speaker 3: like farmers now and pray for rain. Heather dup to

899
00:40:11,160 --> 00:40:13,919
Speaker 3: c Allen, geez, Heather Elliott read the five am news

900
00:40:13,960 --> 00:40:16,359
Speaker 3: and he's still here. What a legend, Absolutely right here

901
00:40:16,400 --> 00:40:18,120
Speaker 3: is a legend. The man knows what he's talking about

902
00:40:18,120 --> 00:40:20,919
Speaker 3: and he works Harday, good news for you once again.

903
00:40:21,000 --> 00:40:24,799
Speaker 3: I'm really I tell you what I'm taking probably disproportionate

904
00:40:24,880 --> 00:40:26,600
Speaker 3: levels of pleasure out of what's going on with the

905
00:40:26,680 --> 00:40:29,279
Speaker 3: mortgage carts, but like it. When I see it pop

906
00:40:29,400 --> 00:40:31,359
Speaker 3: up on my phone, it brings me so much joy

907
00:40:31,440 --> 00:40:33,440
Speaker 3: that I want to share that with you. ASBs cut

908
00:40:33,480 --> 00:40:37,560
Speaker 3: its mortgage rates again, how good is that? So effective?

909
00:40:37,600 --> 00:40:40,480
Speaker 3: Immediately all terms have been reduced by up to twenty

910
00:40:40,520 --> 00:40:43,040
Speaker 3: basis points. Up to twenty basis points, not all of

911
00:40:43,080 --> 00:40:46,239
Speaker 3: them twenty basis points. Five of the seven terms on

912
00:40:46,360 --> 00:40:49,320
Speaker 3: offer now are at a rate less than six percent.

913
00:40:49,840 --> 00:40:52,120
Speaker 3: The two year rate is dropping down to five point

914
00:40:52,200 --> 00:40:54,920
Speaker 3: eight to nine, the eighteen month rate is dropping down

915
00:40:54,960 --> 00:40:56,640
Speaker 3: to five point nine to nine. The three and four

916
00:40:56,719 --> 00:40:59,279
Speaker 3: year rates drop ten basis points to five points seventy nine.

917
00:40:59,360 --> 00:41:02,359
Speaker 3: How good so today, kire we Bank yesterday a whole

918
00:41:02,400 --> 00:41:05,160
Speaker 3: bunch of banks in the row. So we're we're on

919
00:41:05,239 --> 00:41:07,520
Speaker 3: the we're headed in the right direction. A and that's

920
00:41:07,520 --> 00:41:10,040
Speaker 3: all you can ask for. Quarter past. Hey, if you've

921
00:41:10,040 --> 00:41:12,560
Speaker 3: spent any time in Europe over the last forty years,

922
00:41:13,080 --> 00:41:16,200
Speaker 3: forty years, right, so we all have, you might know

923
00:41:16,320 --> 00:41:18,279
Speaker 3: the name perse Condole. Now, if you do not know

924
00:41:18,400 --> 00:41:20,480
Speaker 3: this name, let me tell you about this. Perse Condole

925
00:41:20,920 --> 00:41:23,480
Speaker 3: is a non medicated topical pain relief solution for your

926
00:41:23,560 --> 00:41:25,840
Speaker 3: muscles and your joints. It's been trusted by Swiss consumers

927
00:41:25,880 --> 00:41:28,840
Speaker 3: for over forty years and now perce Condole is available

928
00:41:28,880 --> 00:41:31,799
Speaker 3: here in New Zealand from Chemist Warehouse, Unicem and other

929
00:41:31,880 --> 00:41:35,520
Speaker 3: leading pharmacies. Perse Condole has a unique dual action formula,

930
00:41:35,560 --> 00:41:37,680
Speaker 3: which means it goes on cool for immediate relief and

931
00:41:37,680 --> 00:41:39,640
Speaker 3: then it heats you up as you mass argentine to

932
00:41:39,719 --> 00:41:43,200
Speaker 3: soothe the pain within fifteen minutes. It's got eight essential

933
00:41:43,280 --> 00:41:45,360
Speaker 3: oils in there, it's Arnika free, and the long and

934
00:41:45,440 --> 00:41:47,680
Speaker 3: short of it basically is that perce Condole is stronger

935
00:41:47,760 --> 00:41:50,560
Speaker 3: than your pain. It's available now at chemist Warehouse and

936
00:41:50,719 --> 00:41:53,440
Speaker 3: Unicam and other leading pharmacies. Now perse condl is a

937
00:41:53,520 --> 00:41:55,360
Speaker 3: new name and it can be a little tricky to pronounce,

938
00:41:55,640 --> 00:41:58,279
Speaker 3: so simply look for the bright yellow pack in store.

939
00:41:58,320 --> 00:42:00,600
Speaker 3: You absolutely can't miss it. Always read the label and

940
00:42:00,719 --> 00:42:01,839
Speaker 3: follow directions for use.

941
00:42:02,520 --> 00:42:04,080
Speaker 2: Heather Duples ce Ellen.

942
00:42:04,280 --> 00:42:07,800
Speaker 3: Eighteen past five. Now, in some alarming news, the Education

943
00:42:07,960 --> 00:42:10,000
Speaker 3: Review Office has found that some kids are turning up

944
00:42:10,000 --> 00:42:12,799
Speaker 3: to school unable to talk properly. Some five year olds,

945
00:42:12,840 --> 00:42:16,719
Speaker 3: for example, say me go P instead of I need

946
00:42:16,800 --> 00:42:19,600
Speaker 3: to go to the toilet. Now, teachers reckon that what's

947
00:42:19,680 --> 00:42:21,799
Speaker 3: going on here is COVID is to blame because kids

948
00:42:21,840 --> 00:42:23,719
Speaker 3: got hooked on the screens and parents let it happen.

949
00:42:23,960 --> 00:42:29,000
Speaker 3: Early Childhood Counsel CEO Simon Lawber is with me. Now, hey, Simon, hi,

950
00:42:29,160 --> 00:42:32,480
Speaker 3: Hea Simon, this is a parent problem, not an ECE problem.

951
00:42:32,600 --> 00:42:37,120
Speaker 18: Right, Well, it certainly starts with parents, that's for sure.

952
00:42:37,480 --> 00:42:38,799
Speaker 18: ECE can really help.

953
00:42:39,800 --> 00:42:41,759
Speaker 3: What about that not all the kids go to ECE.

954
00:42:43,120 --> 00:42:46,399
Speaker 18: Well, that's right, I think that is the top issue here.

955
00:42:47,640 --> 00:42:51,000
Speaker 18: You know, yes, you could always improve oral literacy for

956
00:42:51,080 --> 00:42:53,520
Speaker 18: the children in the ACE, but there's a growing number

957
00:42:53,520 --> 00:42:56,399
Speaker 18: of children who aren't even getting to go to ECE,

958
00:42:57,760 --> 00:43:00,839
Speaker 18: of them in Auckland, So that would be the group

959
00:43:00,920 --> 00:43:04,920
Speaker 18: to start with, and the ones in ec are probably

960
00:43:05,560 --> 00:43:07,640
Speaker 18: starting from quite a low base, but they will be

961
00:43:08,120 --> 00:43:11,640
Speaker 18: their literacy will be improved on starting school compared to

962
00:43:11,840 --> 00:43:13,080
Speaker 18: if they didn't go to EC.

963
00:43:13,800 --> 00:43:15,839
Speaker 3: So if the kids are turning up, let's say it's

964
00:43:15,880 --> 00:43:18,279
Speaker 3: three years old at e C or whatever age and

965
00:43:18,840 --> 00:43:21,480
Speaker 3: they're not speaking properly for their age, what can an

966
00:43:21,520 --> 00:43:22,600
Speaker 3: ECE do to help here?

967
00:43:25,080 --> 00:43:29,759
Speaker 18: Well, it's actually it's quite simple. It's they haven't had

968
00:43:29,800 --> 00:43:33,279
Speaker 18: a lot of adult interaction. They haven't been spoken too much.

969
00:43:33,440 --> 00:43:37,319
Speaker 18: That's that's because so you know, it kind of goes

970
00:43:37,360 --> 00:43:40,920
Speaker 18: without saying that in an early childhood the teachers will

971
00:43:40,960 --> 00:43:44,600
Speaker 18: be talking to the children that will be interacting. Great

972
00:43:44,640 --> 00:43:48,080
Speaker 18: teachers have lots of quality interactions with children, and the

973
00:43:48,200 --> 00:43:51,880
Speaker 18: more teachers you've got there, the better that experience will be.

974
00:43:52,440 --> 00:43:55,239
Speaker 18: It really does depend on the child. But it's not

975
00:43:55,360 --> 00:43:58,640
Speaker 18: necessarily talking as well, you know, early on, before you

976
00:43:58,800 --> 00:44:01,799
Speaker 18: develop that oral literacy, you know, there are other ways

977
00:44:01,800 --> 00:44:06,520
Speaker 18: of communicating with you know, eye contact, listening, gestures, you know,

978
00:44:06,800 --> 00:44:09,120
Speaker 18: that's what that's what early childhood is about.

979
00:44:10,320 --> 00:44:13,080
Speaker 3: The EROS also found half of parents aren't getting updates

980
00:44:13,200 --> 00:44:15,600
Speaker 3: on where their kids are at with language development from

981
00:44:15,640 --> 00:44:16,680
Speaker 3: the ECE Center.

982
00:44:17,320 --> 00:44:20,080
Speaker 18: Is that a problem, Well, that's a bit of a

983
00:44:20,160 --> 00:44:23,400
Speaker 18: scary one because that goes down the track of you know,

984
00:44:23,640 --> 00:44:26,800
Speaker 18: are we going to be holding these teachers to more account?

985
00:44:27,000 --> 00:44:28,720
Speaker 18: You know, will they be having to document?

986
00:44:30,480 --> 00:44:32,520
Speaker 3: I mean, Simon, should it not be obvious to a parent?

987
00:44:34,600 --> 00:44:37,279
Speaker 12: Well, I don't know.

988
00:44:37,719 --> 00:44:40,399
Speaker 18: You know, for most parents, yes, I guess it would

989
00:44:40,440 --> 00:44:43,160
Speaker 18: be obvious, But for some it won't be, especially if

990
00:44:43,200 --> 00:44:45,800
Speaker 18: it's your first child and you haven't been through it before.

991
00:44:46,280 --> 00:44:48,239
Speaker 18: You know, you don't really have anything to compare it to,

992
00:44:48,440 --> 00:44:51,000
Speaker 18: and what what was your childhood like? You know, so

993
00:44:51,360 --> 00:44:56,120
Speaker 18: these things do make a big difference. But you know,

994
00:44:56,680 --> 00:45:00,840
Speaker 18: putting requirements on teachers to measure oral let s and

995
00:45:00,960 --> 00:45:03,920
Speaker 18: put it into some tool or something, you know, I

996
00:45:03,920 --> 00:45:06,480
Speaker 18: wouldn't want to be asking he just to do that

997
00:45:06,640 --> 00:45:08,719
Speaker 18: right now. There got enough to deal with.

998
00:45:09,000 --> 00:45:10,480
Speaker 3: Quite especially at a time when we were trying to

999
00:45:10,520 --> 00:45:12,560
Speaker 3: cut red tape. Simon, Thank you very much, Simon Lobber.

1000
00:45:13,239 --> 00:45:16,640
Speaker 3: Early Childhood Council CEO. By the way, ECEA, if you

1001
00:45:16,680 --> 00:45:18,719
Speaker 3: want your kids to start because I checked, I checked.

1002
00:45:18,760 --> 00:45:24,839
Speaker 3: We made my little my little angel troll sometimes love him.

1003
00:45:25,040 --> 00:45:26,880
Speaker 3: I checked him in a little early at two and

1004
00:45:26,920 --> 00:45:28,320
Speaker 3: a half. And they said to me, well, actually was

1005
00:45:28,360 --> 00:45:29,359
Speaker 3: a little bit more than that. It was like two

1006
00:45:29,360 --> 00:45:31,400
Speaker 3: and two months, but he was ready A. I was like,

1007
00:45:31,600 --> 00:45:33,959
Speaker 3: you are ready, mate, you're getting bored with me? Chucked

1008
00:45:34,000 --> 00:45:36,160
Speaker 3: him in and immediately the language just went through the

1009
00:45:36,239 --> 00:45:38,360
Speaker 3: roof all of them, because just because there's just so

1010
00:45:38,520 --> 00:45:41,120
Speaker 3: many kids, talk talking to them like you can talk

1011
00:45:41,200 --> 00:45:42,879
Speaker 3: to them heaps, but you're still just one or two

1012
00:45:42,920 --> 00:45:45,600
Speaker 3: people here. The interest rates dropping. Don't give me much

1013
00:45:45,680 --> 00:45:47,520
Speaker 3: joy because we just fixed our mortgage a few months

1014
00:45:47,520 --> 00:45:51,440
Speaker 3: ago for eighteen months and largely based our decision on

1015
00:45:51,560 --> 00:45:54,040
Speaker 3: Adrian Or's message that there would not be movement in

1016
00:45:54,120 --> 00:45:59,399
Speaker 3: the short term. You, Elizabeth, ought to be very very

1017
00:45:59,480 --> 00:46:02,520
Speaker 3: angry Adrian for that water dick move from him. Five

1018
00:46:02,520 --> 00:46:03,120
Speaker 3: point twenty two.

1019
00:46:04,400 --> 00:46:07,680
Speaker 1: Digging deeper into the day's headlines, it's Heather duper c

1020
00:46:07,840 --> 00:46:09,960
Speaker 1: Allen drive with one New Zealand.

1021
00:46:10,160 --> 00:46:12,680
Speaker 2: Let's get connected and use dogs. That'd be hither.

1022
00:46:12,760 --> 00:46:15,160
Speaker 3: Do some parents not read to their children daily, Julie.

1023
00:46:15,520 --> 00:46:17,880
Speaker 3: Some parents don't talk to their children for hours on

1024
00:46:18,080 --> 00:46:20,040
Speaker 3: end because they stick their children in front of the TV.

1025
00:46:20,200 --> 00:46:22,440
Speaker 3: That's the problem right there. That's basically negga. It makes

1026
00:46:22,480 --> 00:46:23,960
Speaker 3: me sad, makes me feel a bit sad for those

1027
00:46:23,960 --> 00:46:27,200
Speaker 3: little kidies five twenty five. How good was that bollocking

1028
00:46:27,239 --> 00:46:29,120
Speaker 3: By the way that Chris Luxon gave the counselors and

1029
00:46:29,160 --> 00:46:32,480
Speaker 3: the meors yesterday, I thoroughly enjoyed it. He told them

1030
00:46:32,520 --> 00:46:34,760
Speaker 3: they need to start sp This is not rocket science,

1031
00:46:35,080 --> 00:46:37,680
Speaker 3: rashium we had shocked to them. He just basically told

1032
00:46:37,719 --> 00:46:39,840
Speaker 3: them the basics, told them they need to start spending

1033
00:46:39,920 --> 00:46:42,320
Speaker 3: money on the ordinary things that they're supposed to do,

1034
00:46:42,560 --> 00:46:45,600
Speaker 3: like rubbish and fixing pipes and filling potholes, and that

1035
00:46:45,719 --> 00:46:48,279
Speaker 3: rape payers don't want to pay for their weird distractions

1036
00:46:48,320 --> 00:46:50,600
Speaker 3: and experiments. And then he pulled out his Trump card

1037
00:46:50,800 --> 00:46:52,480
Speaker 3: and says, and you're not going to be getting any

1038
00:46:52,480 --> 00:46:55,440
Speaker 3: more money from central government unless they start raining their

1039
00:46:55,480 --> 00:46:59,160
Speaker 3: spending in And boy did they hate it. They were

1040
00:46:59,200 --> 00:47:02,920
Speaker 3: making groaning noises in the auditorium. Tory Faro, who's the

1041
00:47:03,000 --> 00:47:05,680
Speaker 3: Queen of spending on stupid stuff, said the Prime Minister

1042
00:47:05,800 --> 00:47:11,319
Speaker 3: had punched down on them. What it's just punching. There's

1043
00:47:11,400 --> 00:47:14,160
Speaker 3: no doubt we're all in positions authority in that room right.

1044
00:47:14,480 --> 00:47:17,280
Speaker 3: Thomas Nash from the Wellington Regional Council said the speech

1045
00:47:17,400 --> 00:47:21,080
Speaker 3: was one of the most mana diminishing paternalistic and visionless

1046
00:47:21,120 --> 00:47:23,360
Speaker 3: speeches to a group of people I've ever heard. And

1047
00:47:23,440 --> 00:47:26,799
Speaker 3: then Wellington Greenee counselor Niko Winneerra said it was an

1048
00:47:26,920 --> 00:47:30,560
Speaker 3: unbelievable executive overreach. And do you know how many rape

1049
00:47:30,560 --> 00:47:32,279
Speaker 3: payers felt sorry for the people in that room?

1050
00:47:32,600 --> 00:47:32,799
Speaker 10: Zero?

1051
00:47:33,120 --> 00:47:35,640
Speaker 3: Absolutely none, because this is what we have been saying

1052
00:47:35,680 --> 00:47:37,759
Speaker 3: for how long now, and they've just completely ignored us

1053
00:47:37,840 --> 00:47:40,480
Speaker 3: for the most part, probably just written us off as

1054
00:47:40,480 --> 00:47:42,080
Speaker 3: a bunch of wines and mowners who don't know what

1055
00:47:42,160 --> 00:47:45,200
Speaker 3: we're talking about. And somehow I suspect actually that the

1056
00:47:45,280 --> 00:47:49,520
Speaker 3: councilors and the mayors expected Luxen to secretly be just

1057
00:47:49,800 --> 00:47:52,719
Speaker 3: like them, you know, one of them, a receiver and

1058
00:47:52,800 --> 00:47:54,719
Speaker 3: a spender of public money who would just joined the

1059
00:47:54,760 --> 00:47:58,239
Speaker 3: club of knowing how best to spend someone else's money.

1060
00:47:58,239 --> 00:48:00,160
Speaker 3: And they seem to have got a bit of a

1061
00:48:00,239 --> 00:48:02,560
Speaker 3: shock that he wasn't part of that club, and they

1062
00:48:02,640 --> 00:48:06,640
Speaker 3: got schooled to be honest. Luxeon wasn't talking to them,

1063
00:48:06,800 --> 00:48:09,000
Speaker 3: was he. I mean, he was talking past them to us,

1064
00:48:09,080 --> 00:48:12,719
Speaker 3: the rate payers who are also taxpayers. He wanted us

1065
00:48:12,880 --> 00:48:15,440
Speaker 3: to see him giving them a telling off, and it

1066
00:48:15,560 --> 00:48:18,160
Speaker 3: worked because I loved watching that happen, and I love

1067
00:48:18,239 --> 00:48:20,640
Speaker 3: them being upset about it actually, and I now hope

1068
00:48:20,680 --> 00:48:22,600
Speaker 3: that he actually follows through on this and actually does

1069
00:48:22,680 --> 00:48:25,359
Speaker 3: withhold money from the likes of Wellington City Council who

1070
00:48:25,400 --> 00:48:28,600
Speaker 3: blew what was it eighty four thousand dollars on a

1071
00:48:28,640 --> 00:48:31,640
Speaker 3: flash bike rack that no one uses, or Wellington Regional

1072
00:48:31,680 --> 00:48:33,960
Speaker 3: Council who blew two point two million dollars on two

1073
00:48:34,000 --> 00:48:39,200
Speaker 3: new bus hubs with plants growing on the roof because climbers.

1074
00:48:39,880 --> 00:48:42,279
Speaker 3: But even better, I actually just hope the councilors and

1075
00:48:42,320 --> 00:48:44,040
Speaker 3: the mayors get the message to just buck up their

1076
00:48:44,120 --> 00:48:47,560
Speaker 3: ideas because he said nothing that we haven't all been saying.

1077
00:48:47,360 --> 00:48:50,600
Speaker 2: For a very long time together do for sea Ellen.

1078
00:48:50,480 --> 00:48:52,719
Speaker 3: Thomas Nash is actually with us. Next listen, can I

1079
00:48:52,800 --> 00:48:54,600
Speaker 3: just say really quick shout out thank you for listening

1080
00:48:54,640 --> 00:48:56,239
Speaker 3: to the show because we every now and again we

1081
00:48:56,360 --> 00:48:58,680
Speaker 3: get a little like update on how we're going, and

1082
00:48:58,920 --> 00:49:02,640
Speaker 3: we are still the number one drive show in the country,

1083
00:49:03,400 --> 00:49:05,759
Speaker 3: which means that you are listening to what everyone well,

1084
00:49:05,800 --> 00:49:08,200
Speaker 3: not what everyone else, just all the cool people and

1085
00:49:08,320 --> 00:49:10,480
Speaker 3: spark people are listening to. So thank you for doing that.

1086
00:49:10,600 --> 00:49:12,719
Speaker 3: Couldn't do it without you, and thank you to Ants

1087
00:49:12,800 --> 00:49:15,480
Speaker 3: and Laura and Kenzie the team headlines.

1088
00:49:15,560 --> 00:49:22,319
Speaker 1: Next, the day's newsmakers talk to Heather first. Heather duper

1089
00:49:22,440 --> 00:49:25,920
Speaker 1: c Allen drive with one New Zealand Let's get connected

1090
00:49:26,000 --> 00:49:32,879
Speaker 1: and youth talk z be Yes, Hey here.

1091
00:49:32,840 --> 00:49:34,640
Speaker 3: We thank's going to be with us. After six o'clock

1092
00:49:34,640 --> 00:49:37,279
Speaker 3: they've just posted their results, not looking back. I think bad.

1093
00:49:37,520 --> 00:49:39,839
Speaker 3: I think the highest profit they've ever reported. I will

1094
00:49:39,840 --> 00:49:41,520
Speaker 3: have a chat to Steve Yukeovich after six and the

1095
00:49:41,560 --> 00:49:43,759
Speaker 3: huddles standing by right now. It's twenty four away from

1096
00:49:43,800 --> 00:49:46,480
Speaker 3: six now. The Prime Minister's blunt speech to mayors and

1097
00:49:46,560 --> 00:49:48,640
Speaker 3: counselors last night, he's got some of them fired up.

1098
00:49:48,719 --> 00:49:48,879
Speaker 19: Ah.

1099
00:49:49,320 --> 00:49:51,320
Speaker 3: He told them to spend money on the basics like

1100
00:49:51,400 --> 00:49:53,920
Speaker 3: rubbish pipes and potholes and quit the weird spending, or

1101
00:49:53,960 --> 00:49:56,280
Speaker 3: they wouldn't be getting any money from his government. Thomas

1102
00:49:56,400 --> 00:49:59,719
Speaker 3: Nash is a Greater Wellington regional counselor. Hey, Thomas, Hey,

1103
00:50:00,280 --> 00:50:01,480
Speaker 3: was what he said a surprise to you?

1104
00:50:03,000 --> 00:50:05,279
Speaker 19: Not really, but I guess the sort of manner of

1105
00:50:05,320 --> 00:50:08,719
Speaker 19: the delivery, and I guess the style of leadership and

1106
00:50:09,440 --> 00:50:12,960
Speaker 19: relationship he wants to have. It was maybe a bit surprising,

1107
00:50:13,080 --> 00:50:15,040
Speaker 19: but yeah, it was better today with the Minister for

1108
00:50:15,120 --> 00:50:17,440
Speaker 19: Local Government who talked about the future.

1109
00:50:17,640 --> 00:50:19,360
Speaker 3: So not a surprise that he said it, not a

1110
00:50:19,400 --> 00:50:21,000
Speaker 3: problem with what he said, just the fact that he

1111
00:50:21,080 --> 00:50:22,160
Speaker 3: said it in the way that he did.

1112
00:50:23,239 --> 00:50:23,759
Speaker 6: Yeah, I mean, I.

1113
00:50:23,800 --> 00:50:27,720
Speaker 19: Guess I was hoping for some painting of a picture

1114
00:50:27,760 --> 00:50:29,920
Speaker 19: of the future, like what is the future for our country,

1115
00:50:30,000 --> 00:50:32,520
Speaker 19: what's the future for local government? How can we work together?

1116
00:50:32,600 --> 00:50:37,160
Speaker 19: But that the speech was really looking backwards and kind

1117
00:50:37,200 --> 00:50:41,160
Speaker 19: of I guess complaining about things. And I guess this

1118
00:50:41,320 --> 00:50:44,440
Speaker 19: morning we did have a speech from Simian Brown, the

1119
00:50:44,480 --> 00:50:46,440
Speaker 19: Minister for Local Government, which was much more focused on

1120
00:50:46,520 --> 00:50:46,960
Speaker 19: the future.

1121
00:50:47,080 --> 00:50:49,520
Speaker 3: Well, I thought the future from Chris lux in the

1122
00:50:49,560 --> 00:50:52,080
Speaker 3: future is you guys and councils don't get more money

1123
00:50:52,160 --> 00:50:55,000
Speaker 3: unless you actually start tidying up you spending. That's the future.

1124
00:50:55,920 --> 00:50:58,000
Speaker 19: Yeah, I guess I would have also liked to have

1125
00:50:58,160 --> 00:51:01,800
Speaker 19: heard what is he talking about in terms of wasteful spending, Like,

1126
00:51:02,000 --> 00:51:05,120
Speaker 19: I mean, what what is what is he actually talking about?

1127
00:51:05,120 --> 00:51:06,320
Speaker 13: There no real kind of example.

1128
00:51:06,440 --> 00:51:09,480
Speaker 3: He talked about Taquina, the conference center in Wellington he did.

1129
00:51:09,360 --> 00:51:13,719
Speaker 19: Which was which was funded under a different council many

1130
00:51:13,840 --> 00:51:16,640
Speaker 19: years ago. So it's kind of irrelevant to the people

1131
00:51:16,680 --> 00:51:18,600
Speaker 19: who were in the road totally disas.

1132
00:51:18,520 --> 00:51:20,640
Speaker 3: I totally disagree with you because it is an example

1133
00:51:20,719 --> 00:51:21,560
Speaker 3: of bad spending.

1134
00:51:22,640 --> 00:51:25,000
Speaker 19: Yeah, well, I mean that's yeah, that's the one example

1135
00:51:25,080 --> 00:51:28,200
Speaker 19: he gave that was not something that you know, any

1136
00:51:28,239 --> 00:51:31,080
Speaker 19: council was embarking on in this region.

1137
00:51:31,640 --> 00:51:33,239
Speaker 3: Why did you need to come on though, Why did

1138
00:51:33,280 --> 00:51:34,880
Speaker 3: you need him to give you examples? I mean, wee

1139
00:51:34,880 --> 00:51:37,440
Speaker 3: give you examples on a like a weekly basis of

1140
00:51:37,520 --> 00:51:40,480
Speaker 3: stupid spending. What about the linking bus hubs that your

1141
00:51:40,560 --> 00:51:42,840
Speaker 3: council has funded. You've got heaps of examples.

1142
00:51:44,000 --> 00:51:45,239
Speaker 19: Yeah, no, I mean it would have been good to

1143
00:51:45,560 --> 00:51:47,640
Speaker 19: hear some examples. But I guess my main point was,

1144
00:51:48,239 --> 00:51:50,680
Speaker 19: we're all we've where there's a room of hundreds of

1145
00:51:50,680 --> 00:51:54,200
Speaker 19: people who have been elected by their communities, many many

1146
00:51:54,480 --> 00:51:57,880
Speaker 19: elected people have been elected multiple times, and we're all

1147
00:51:58,080 --> 00:52:02,680
Speaker 19: kind of here waiting to hear some leadership, some vision

1148
00:52:02,719 --> 00:52:06,000
Speaker 19: of the future, some partnership, And that sounds.

1149
00:52:05,760 --> 00:52:09,120
Speaker 3: Like absolutely bureaucratic bs. What you needed was a truth

1150
00:52:09,200 --> 00:52:12,880
Speaker 3: torpedo straight at you guys about what our problem as

1151
00:52:12,960 --> 00:52:16,080
Speaker 3: rate payers. This is the thing that we talk about, right,

1152
00:52:16,160 --> 00:52:19,520
Speaker 3: this is the thing that winds people up so isn't

1153
00:52:19,520 --> 00:52:21,960
Speaker 3: this exactly what you needed to hear? Never mind all

1154
00:52:22,000 --> 00:52:23,759
Speaker 3: this kind of airy fairy stuff you needed to hear.

1155
00:52:23,800 --> 00:52:24,960
Speaker 3: What our problem with you people is?

1156
00:52:26,040 --> 00:52:28,520
Speaker 19: Yeah, But I guess the problem with that is that

1157
00:52:28,920 --> 00:52:34,279
Speaker 19: counsels are spending their budgets in a line byline way

1158
00:52:34,480 --> 00:52:36,600
Speaker 19: on the basics and there is a huge amount of

1159
00:52:36,640 --> 00:52:41,200
Speaker 19: noise about a tiny, tiny percentage of spending that has

1160
00:52:41,239 --> 00:52:42,360
Speaker 19: almost no impact on.

1161
00:52:43,000 --> 00:52:46,200
Speaker 3: You cannot tell me that you think Takina is a

1162
00:52:46,360 --> 00:52:48,480
Speaker 3: tiny tiny amount of spending.

1163
00:52:49,560 --> 00:52:51,840
Speaker 19: Well if you, I mean it probably is actually in

1164
00:52:51,960 --> 00:52:55,120
Speaker 19: terms of the impact it has had on rates increases.

1165
00:52:54,800 --> 00:52:56,560
Speaker 3: Made it's one hundred and eighty million dollars.

1166
00:52:57,640 --> 00:53:00,239
Speaker 19: Yeah, but how much impact do you think that has on?

1167
00:53:00,360 --> 00:53:00,520
Speaker 17: Right?

1168
00:53:01,040 --> 00:53:03,880
Speaker 19: I mean, it's capitalized over a number of years, and

1169
00:53:03,960 --> 00:53:07,239
Speaker 19: the impact that capital spending that is capitalized over ten

1170
00:53:07,280 --> 00:53:10,880
Speaker 19: to fifteen years has on rates increases is very small.

1171
00:53:11,200 --> 00:53:14,000
Speaker 2: The real impact on is.

1172
00:53:14,200 --> 00:53:17,480
Speaker 3: This fundamentally, Operation Thomas. This is fundamentally the problem that

1173
00:53:17,520 --> 00:53:19,239
Speaker 3: we've got with you guys is you look at a

1174
00:53:19,280 --> 00:53:21,399
Speaker 3: figure like one to eighty and you got small bear

1175
00:53:21,560 --> 00:53:23,160
Speaker 3: not going to have a big impact. Why do you

1176
00:53:23,239 --> 00:53:26,279
Speaker 3: look at that it doesn't have a big impact? I

1177
00:53:26,400 --> 00:53:28,600
Speaker 3: look at it as a former rate payer of Wellington

1178
00:53:28,760 --> 00:53:31,319
Speaker 3: and I am shocked that this is what the money

1179
00:53:31,360 --> 00:53:31,640
Speaker 3: was spent.

1180
00:53:33,360 --> 00:53:35,319
Speaker 19: Look, I was not I mean, I wasn't there when

1181
00:53:35,360 --> 00:53:37,440
Speaker 19: they made that decision. It wasn't a decision I made.

1182
00:53:37,560 --> 00:53:39,279
Speaker 19: I'm not saying it was a good decision or a

1183
00:53:39,360 --> 00:53:42,879
Speaker 19: bad decision. I'm saying that councils now have just been

1184
00:53:42,960 --> 00:53:46,040
Speaker 19: through a ten year line by line budgeting exercise all

1185
00:53:46,080 --> 00:53:48,920
Speaker 19: around the country and they have looked very carefully. We

1186
00:53:49,040 --> 00:53:53,319
Speaker 19: cut our public transport expansion plans in half, well more

1187
00:53:53,400 --> 00:53:56,200
Speaker 19: than that in the Wellington region in order to keep

1188
00:53:56,239 --> 00:53:59,120
Speaker 19: our rates increases down, and we put our feares up

1189
00:53:59,320 --> 00:54:03,000
Speaker 19: by tea in order to keep our rates down. It's

1190
00:54:03,040 --> 00:54:05,160
Speaker 19: not as if people haven't tightened their belts. It's not

1191
00:54:05,239 --> 00:54:08,239
Speaker 19: as if people haven't cut spending. That I think is

1192
00:54:08,280 --> 00:54:11,600
Speaker 19: the is the sort of missed opportunity from yesterday was

1193
00:54:12,040 --> 00:54:15,400
Speaker 19: to recognize that, yes, people are tightening their belts and

1194
00:54:15,480 --> 00:54:18,920
Speaker 19: councils all around the country and we need actually to

1195
00:54:18,960 --> 00:54:21,240
Speaker 19: work together rather than just sling mudd.

1196
00:54:21,040 --> 00:54:21,480
Speaker 2: At each other.

1197
00:54:21,960 --> 00:54:24,239
Speaker 3: Yeah, Thomas, listen, thank you. I always appreciate you having

1198
00:54:24,280 --> 00:54:26,680
Speaker 3: on the show. You're great that Thomas nash Greater Wellington

1199
00:54:26,760 --> 00:54:30,160
Speaker 3: Regional councilor nineteen Away from six the Huddle with.

1200
00:54:30,320 --> 00:54:34,920
Speaker 1: New Zealand Southeby's International Realty Exceptional Marketing for every Property.

1201
00:54:35,080 --> 00:54:38,040
Speaker 3: Jordan Williams Taxpayers Union and Alie Jones read pr Hire

1202
00:54:38,120 --> 00:54:40,680
Speaker 3: you two good day here that hi there, Jordan, you

1203
00:54:40,719 --> 00:54:41,719
Speaker 3: were in that room at the time.

1204
00:54:42,800 --> 00:54:47,560
Speaker 4: I'm literally at my sins at the ol Genza conference

1205
00:54:47,640 --> 00:54:51,000
Speaker 4: and the Wally Thomas Nashy just had on as a

1206
00:54:51,280 --> 00:54:55,319
Speaker 4: classic example of a whole sector that actually just lacked

1207
00:54:55,440 --> 00:55:01,080
Speaker 4: any self awareness. The room yesterday was in reasonably rude

1208
00:55:01,480 --> 00:55:04,040
Speaker 4: to the Prime Minister. And you know they talk about, oh,

1209
00:55:04,120 --> 00:55:06,520
Speaker 4: that our costs are going up. I'm sorry, look at

1210
00:55:06,560 --> 00:55:11,440
Speaker 4: the stats. Local government is driving inflation up. It's not

1211
00:55:11,640 --> 00:55:14,520
Speaker 4: that costs are going up toout putting up rates. Their

1212
00:55:14,640 --> 00:55:17,360
Speaker 4: rates are going ahead of inflation. And what at the

1213
00:55:17,440 --> 00:55:20,680
Speaker 4: Prime Oh, I'm sorry, didn't have some pennasee a future

1214
00:55:20,800 --> 00:55:26,239
Speaker 4: vision gobbledygook. He said, simply what rate payers across the

1215
00:55:26,320 --> 00:55:28,759
Speaker 4: country is saying and thinking, as you guys have to

1216
00:55:28,800 --> 00:55:31,319
Speaker 4: get a grip. We put out the We've never done

1217
00:55:31,360 --> 00:55:33,360
Speaker 4: this before, but we put out the whole Prime Minister's

1218
00:55:33,360 --> 00:55:36,439
Speaker 4: speech to our two hundred thousand subscribers. We've had more

1219
00:55:36,560 --> 00:55:39,920
Speaker 4: engagement in the last twenty four hours of people coming back.

1220
00:55:40,120 --> 00:55:41,600
Speaker 4: What I went to bed last night and woke up

1221
00:55:41,640 --> 00:55:46,960
Speaker 4: there was eighteen hundred more email. People are absolutely yeah,

1222
00:55:47,480 --> 00:55:48,640
Speaker 4: because he just said what we think?

1223
00:55:48,719 --> 00:55:50,359
Speaker 3: Hey, how would they root him?

1224
00:55:51,560 --> 00:55:51,719
Speaker 2: Oh?

1225
00:55:52,800 --> 00:55:55,400
Speaker 4: When Kim Hill thanked him when he got down, there

1226
00:55:55,440 --> 00:55:58,640
Speaker 4: was literally laughter in the room. There were people scoffing

1227
00:55:58,800 --> 00:56:01,680
Speaker 4: at him when saying, you know that the party's over,

1228
00:56:01,719 --> 00:56:02,880
Speaker 4: you need to get back to basics.

1229
00:56:02,960 --> 00:56:04,720
Speaker 3: I mean, I think I see here. You just withhold

1230
00:56:04,760 --> 00:56:07,160
Speaker 3: the money for that, eh, I mean ed, but.

1231
00:56:07,520 --> 00:56:10,040
Speaker 4: I recalled two years ago I was on your show

1232
00:56:10,160 --> 00:56:13,400
Speaker 4: when they banned the Taxpayer's union in my board, including

1233
00:56:13,480 --> 00:56:16,359
Speaker 4: some sitting councilors, because they were concerned that we might

1234
00:56:16,480 --> 00:56:19,960
Speaker 4: criticize them. And I said on your show, as ALGMZED

1235
00:56:20,120 --> 00:56:22,839
Speaker 4: and the local government sector aren't careful, they are going

1236
00:56:22,920 --> 00:56:26,320
Speaker 4: to lose their public mandate. And you can see with

1237
00:56:26,400 --> 00:56:29,600
Speaker 4: this conference it literally even themed Labor read that that

1238
00:56:29,760 --> 00:56:32,000
Speaker 4: is exactly what is happening.

1239
00:56:32,320 --> 00:56:33,440
Speaker 3: Alie, what do you think?

1240
00:56:33,480 --> 00:56:33,640
Speaker 19: I mean?

1241
00:56:33,719 --> 00:56:36,640
Speaker 3: Yeah, you've been involved in council stuff. Yeah, yeah, I have.

1242
00:56:37,000 --> 00:56:39,800
Speaker 20: And that's what I found absolutely extraordinary about the speech.

1243
00:56:39,840 --> 00:56:41,759
Speaker 20: I wasn't in the room, so Jordan does have the

1244
00:56:41,840 --> 00:56:44,720
Speaker 20: advantage of me. But the so called wally he's just described,

1245
00:56:44,760 --> 00:56:47,280
Speaker 20: I thought held his own very well up against against

1246
00:56:47,320 --> 00:56:49,200
Speaker 20: you Hither. I think they both made some very good

1247
00:56:49,239 --> 00:56:51,360
Speaker 20: points and it was great to hear a robust but

1248
00:56:51,480 --> 00:56:55,640
Speaker 20: respectful conversation. I agree there are always ways to tie

1249
00:56:55,760 --> 00:56:58,280
Speaker 20: on the belt right, there is always money to be saved.

1250
00:56:58,440 --> 00:57:01,560
Speaker 20: But this is just dog with th bollocks. Actually, when

1251
00:57:01,600 --> 00:57:04,640
Speaker 20: you've got counselors, councils, and this is what we're having

1252
00:57:04,719 --> 00:57:06,839
Speaker 20: to do at the moment in christ Judge on our

1253
00:57:06,920 --> 00:57:10,600
Speaker 20: community board having to pay for mental health counselors to

1254
00:57:10,719 --> 00:57:14,040
Speaker 20: go into schools because the central government is not wearing

1255
00:57:14,120 --> 00:57:16,840
Speaker 20: that cost. When we're having to pay money to change

1256
00:57:16,920 --> 00:57:20,600
Speaker 20: street layouts to slow traffic down because police are not

1257
00:57:20,800 --> 00:57:23,720
Speaker 20: resourced enough to do their job, then I say that

1258
00:57:23,840 --> 00:57:27,720
Speaker 20: the government should not be throwing stones and glasshouses. They

1259
00:57:27,880 --> 00:57:29,800
Speaker 20: need to actually step up and spend some of the

1260
00:57:29,880 --> 00:57:31,480
Speaker 20: money on the things that they need to spend on

1261
00:57:31,600 --> 00:57:33,000
Speaker 20: and not put it on local government.

1262
00:57:33,720 --> 00:57:36,320
Speaker 4: No, the polling is really clear on this that New

1263
00:57:36,360 --> 00:57:40,320
Speaker 4: Zealanders trust central government more than local government. Around delivering,

1264
00:57:40,320 --> 00:57:45,320
Speaker 4: and if councilors were delivering their core services, well that

1265
00:57:46,000 --> 00:57:50,840
Speaker 4: argument might fly. But an environment where on average rates

1266
00:57:50,880 --> 00:57:54,920
Speaker 4: when out fourteen percent this year. Our infrastructure is crumbling

1267
00:57:55,000 --> 00:57:59,200
Speaker 4: because a smaller and smaller percentage of council budget is

1268
00:57:59,280 --> 00:58:01,680
Speaker 4: actually going for what they say it's going forward. But

1269
00:58:01,800 --> 00:58:03,240
Speaker 4: your new conslating issues.

1270
00:58:03,560 --> 00:58:07,160
Speaker 20: You're conslating issues here, I agree, No, no, no, hang on,

1271
00:58:07,280 --> 00:58:09,760
Speaker 20: you had a really good go here. The problem is

1272
00:58:09,920 --> 00:58:12,680
Speaker 20: that our ratings, the system that we use to get

1273
00:58:12,840 --> 00:58:15,880
Speaker 20: rates is flawed. Okay, rates is the sole source of

1274
00:58:15,960 --> 00:58:18,280
Speaker 20: revenue for councils is unsustainable.

1275
00:58:18,600 --> 00:58:22,920
Speaker 4: So now taxes are going to solve this issue. People

1276
00:58:22,960 --> 00:58:25,640
Speaker 4: don't want to give counsels any taxing powers because they'll

1277
00:58:25,680 --> 00:58:28,360
Speaker 4: know that use that you can't spend the money that

1278
00:58:28,400 --> 00:58:31,800
Speaker 4: you've got as it is. And frankly, the public don't

1279
00:58:31,840 --> 00:58:33,280
Speaker 4: trust local councils with more.

1280
00:58:33,560 --> 00:58:35,600
Speaker 20: Yeah, well that may be the people you're asking, but

1281
00:58:35,680 --> 00:58:37,880
Speaker 20: that's not what I'm hearing from ours. I know that

1282
00:58:38,080 --> 00:58:40,920
Speaker 20: rates are too high, and I know rates cannot every

1283
00:58:41,040 --> 00:58:43,680
Speaker 20: year go up, you know, I mean, it is unsustainable.

1284
00:58:43,760 --> 00:58:44,840
Speaker 20: People can't afford them.

1285
00:58:45,120 --> 00:58:47,160
Speaker 4: So we're going to touch the goose a different way.

1286
00:58:47,400 --> 00:58:49,919
Speaker 4: Doesn't solve the problem saying we're just going to tax

1287
00:58:50,000 --> 00:58:53,560
Speaker 4: a different way. Of course not it's coming from the

1288
00:58:53,640 --> 00:58:54,960
Speaker 4: same community.

1289
00:58:55,080 --> 00:58:57,720
Speaker 20: Can you Well, I'm saying it needs to come from

1290
00:58:57,760 --> 00:59:00,360
Speaker 20: the government more. It is wrong for the primary Did

1291
00:59:00,400 --> 00:59:02,680
Speaker 20: the say, come on, guys, tighting your belt when they're

1292
00:59:02,680 --> 00:59:05,480
Speaker 20: passing a whole lot of costs onto local governments themselves

1293
00:59:05,560 --> 00:59:06,600
Speaker 20: by not doing their job.

1294
00:59:06,640 --> 00:59:09,320
Speaker 3: Well, he explains something to me. The reaction from the

1295
00:59:09,360 --> 00:59:12,280
Speaker 3: mayors and the councilors last night. Was that genuine shock

1296
00:59:12,920 --> 00:59:15,960
Speaker 3: that he would deign to say something like that, or

1297
00:59:16,160 --> 00:59:20,320
Speaker 3: is that because they genuinely believe that their spending is awesome.

1298
00:59:21,480 --> 00:59:23,960
Speaker 20: Look, I think it's probably political, Heather. You know, I

1299
00:59:24,200 --> 00:59:26,240
Speaker 20: know when I look at the community board makeup in

1300
00:59:26,360 --> 00:59:29,640
Speaker 20: christ Church, there's a very central left makeup of those

1301
00:59:29,720 --> 00:59:32,800
Speaker 20: community boards. And I imagine I think, as was alluded

1302
00:59:32,840 --> 00:59:35,440
Speaker 20: to in the conversation you had before, that there was

1303
00:59:35,520 --> 00:59:39,520
Speaker 20: probably a very center left feeling at the LGNZ conference.

1304
00:59:39,560 --> 00:59:42,680
Speaker 20: I just texted one of my council colleagues who's very

1305
00:59:42,920 --> 00:59:45,400
Speaker 20: center right, and I said, what was your take on it?

1306
00:59:45,440 --> 00:59:48,760
Speaker 20: And he said, I actually agreed with every word he said. So, Look,

1307
00:59:48,840 --> 00:59:52,160
Speaker 20: I I do think it's a political thing, but we've

1308
00:59:52,200 --> 00:59:55,200
Speaker 20: got to have this conversation without this month sling slinging.

1309
00:59:55,280 --> 00:59:57,240
Speaker 20: I did agree with it. What the hell did that achieve?

1310
00:59:57,360 --> 00:59:57,760
Speaker 3: Yesterday?

1311
00:59:57,840 --> 00:59:59,240
Speaker 20: Coming from the Prime Minister.

1312
00:59:59,600 --> 01:00:01,640
Speaker 3: Made me feel really good. I'm hoping that I have

1313
01:00:01,840 --> 01:00:03,840
Speaker 3: makes them rain in their spending because otherwise I ain't

1314
01:00:03,840 --> 01:00:05,360
Speaker 3: going to get more money. We'll take a break, come

1315
01:00:05,400 --> 01:00:07,240
Speaker 3: back to you guys. Shortly thirteen away from.

1316
01:00:07,160 --> 01:00:12,200
Speaker 1: Six the Huddle with New Zealand Southeby's international Realty, unparalleled

1317
01:00:12,240 --> 01:00:13,280
Speaker 1: reach and results.

1318
01:00:13,400 --> 01:00:16,080
Speaker 3: Right, we're back with the Huddle, Jordan Williams and Ali Jones. Ali,

1319
01:00:16,880 --> 01:00:19,880
Speaker 3: this falling out between Raiser and Leonor's obviously big enough

1320
01:00:20,080 --> 01:00:21,680
Speaker 3: for one of them to have to depart. Is this

1321
01:00:21,760 --> 01:00:23,440
Speaker 3: shaking your faith in the Razor era?

1322
01:00:24,880 --> 01:00:27,360
Speaker 20: Look, I'm no expert on rugby go the Welsh, but

1323
01:00:27,480 --> 01:00:30,960
Speaker 20: I do remember Leon McDonald woodstoke to get the assistant

1324
01:00:31,000 --> 01:00:33,040
Speaker 20: coaching job. I think when it was announced last year

1325
01:00:33,080 --> 01:00:35,120
Speaker 20: he said, You've got to be really, really ready to

1326
01:00:35,160 --> 01:00:36,320
Speaker 20: be the coach of the All Blacks.

1327
01:00:36,360 --> 01:00:37,680
Speaker 4: It's not something you rush into.

1328
01:00:38,280 --> 01:00:41,040
Speaker 20: So I guess you got to ask yourself why were

1329
01:00:41,320 --> 01:00:47,200
Speaker 20: key things like strategy, style, direction, whatever not discussed and understood.

1330
01:00:47,280 --> 01:00:49,240
Speaker 20: That's kind of the sense that I'm getting. I mean,

1331
01:00:49,280 --> 01:00:51,439
Speaker 20: if you start going out with someone, if you marry someone,

1332
01:00:51,640 --> 01:00:53,280
Speaker 20: don't you ask them if they want to have kids?

1333
01:00:56,440 --> 01:00:58,880
Speaker 3: Then's the problem, isn't it. That is the problem right there?

1334
01:01:00,440 --> 01:01:00,600
Speaker 2: Yeah.

1335
01:01:00,640 --> 01:01:04,600
Speaker 4: I mean, these guys that are both credible in their

1336
01:01:04,640 --> 01:01:07,000
Speaker 4: own right, clearly there's been some sort of falling out

1337
01:01:07,040 --> 01:01:10,439
Speaker 4: and we'll probably won't know or we'll have to pay

1338
01:01:10,480 --> 01:01:12,920
Speaker 4: the forty bucks to buy the book and in ten.

1339
01:01:12,840 --> 01:01:17,040
Speaker 3: Years time, cannot wait. I'm genuinely shocked, Alie that kids

1340
01:01:17,120 --> 01:01:19,439
Speaker 3: can't even talk properly when they go to school because

1341
01:01:19,440 --> 01:01:21,360
Speaker 3: of how much time they're spending on screens.

1342
01:01:21,400 --> 01:01:21,880
Speaker 2: What about you?

1343
01:01:23,040 --> 01:01:25,680
Speaker 5: Yeah, I think it's really really sad.

1344
01:01:27,000 --> 01:01:28,960
Speaker 20: You know, I was thinking about my kids and you know,

1345
01:01:29,040 --> 01:01:32,920
Speaker 20: they were at Kindian preschool in the early two thousands,

1346
01:01:33,120 --> 01:01:35,280
Speaker 20: and I mean they were real chatterboxes.

1347
01:01:35,360 --> 01:01:36,360
Speaker 6: Know who do you say earlier?

1348
01:01:36,400 --> 01:01:39,600
Speaker 20: You know, once they get into preschool and that socialization,

1349
01:01:39,800 --> 01:01:41,880
Speaker 20: you just can't stop them. I mean, both of mine

1350
01:01:41,920 --> 01:01:44,560
Speaker 20: are great talkers. They could talk at glass side of sleep.

1351
01:01:44,680 --> 01:01:47,760
Speaker 20: But you know, you didn't have the Internet and iPad

1352
01:01:47,840 --> 01:01:51,520
Speaker 20: some smartphones as much in those days. Maybe we need

1353
01:01:51,600 --> 01:01:53,920
Speaker 20: to teach this stuff at school. Maybe there needs to

1354
01:01:53,960 --> 01:01:56,520
Speaker 20: be you know, parenting taught at school and this is

1355
01:01:56,600 --> 01:01:58,800
Speaker 20: part of that. And at the same time, let's teach

1356
01:01:58,960 --> 01:02:01,320
Speaker 20: kids about finances and cooking. I don't know we roll

1357
01:02:01,360 --> 01:02:02,160
Speaker 20: it together, I mean.

1358
01:02:02,360 --> 01:02:04,720
Speaker 3: Jordan, I don't know what the solution is. I don't

1359
01:02:04,720 --> 01:02:07,280
Speaker 3: know how you teach parents to just not be dud parents.

1360
01:02:08,080 --> 01:02:08,280
Speaker 17: Yeah.

1361
01:02:08,400 --> 01:02:10,480
Speaker 4: Well, I don't know if I got that far. But

1362
01:02:10,640 --> 01:02:13,600
Speaker 4: my the acorn does not fall far from the tree,

1363
01:02:13,640 --> 01:02:16,800
Speaker 4: and as you can imagine, my kids have not struggled

1364
01:02:16,880 --> 01:02:17,520
Speaker 4: with the talking.

1365
01:02:18,800 --> 01:02:20,880
Speaker 3: I can believe that. Are you limiting their screen time?

1366
01:02:20,960 --> 01:02:21,200
Speaker 10: Jordan?

1367
01:02:22,160 --> 01:02:25,160
Speaker 4: Yes, yes, very very much so how much you're giving them?

1368
01:02:25,880 --> 01:02:28,280
Speaker 4: The other half is a is a pediatric nurse. So

1369
01:02:28,800 --> 01:02:30,840
Speaker 4: evert I am just the passenger in this.

1370
01:02:30,960 --> 01:02:34,880
Speaker 3: Okay, we'll give us give given that you're basically married

1371
01:02:35,080 --> 01:02:38,200
Speaker 3: to an expert. What is she recommending? What's the what's

1372
01:02:38,240 --> 01:02:39,040
Speaker 3: the allowed amount?

1373
01:02:39,520 --> 01:02:42,520
Speaker 4: It's very very generally only if one of them is

1374
01:02:42,560 --> 01:02:44,919
Speaker 4: sick or is sick, that that one of them would

1375
01:02:45,040 --> 01:02:48,000
Speaker 4: that that get very much TV at all. I think

1376
01:02:48,080 --> 01:02:50,440
Speaker 4: I'm more told off for my screen time than probably

1377
01:02:50,520 --> 01:02:51,000
Speaker 4: the kids are.

1378
01:02:51,200 --> 01:02:52,560
Speaker 3: Are you one of those parents here?

1379
01:02:52,720 --> 01:02:56,840
Speaker 4: I travel I travel so much. My oh, my boys

1380
01:02:56,920 --> 01:02:59,160
Speaker 4: now figured out that the phone that because I do

1381
01:02:59,280 --> 01:03:02,520
Speaker 4: FaceTime if you when I'm when I'm traveling, and of

1382
01:03:02,600 --> 01:03:04,440
Speaker 4: course I have to come down to Wellington most weeks.

1383
01:03:04,880 --> 01:03:08,040
Speaker 4: But the boy at Little Henry, who is nearly two,

1384
01:03:08,720 --> 01:03:11,360
Speaker 4: he gets he's now figured out the FaceTime and was

1385
01:03:11,760 --> 01:03:12,320
Speaker 4: nearly five.

1386
01:03:12,960 --> 01:03:14,800
Speaker 3: No, I can't believe that he's nearly too.

1387
01:03:14,920 --> 01:03:16,600
Speaker 2: Jesus, are you howl howl?

1388
01:03:18,360 --> 01:03:20,200
Speaker 3: Gigg's two and a half. Yeah, And he said to

1389
01:03:20,240 --> 01:03:22,280
Speaker 3: me the other day, I said, do you want should

1390
01:03:22,320 --> 01:03:24,560
Speaker 3: we go? And he said not yet? And I was like, oh,

1391
01:03:25,480 --> 01:03:28,000
Speaker 3: I'm so proud of that sentence right there. But you know,

1392
01:03:28,040 --> 01:03:31,000
Speaker 3: because boys like you always worry about boys and they're talking,

1393
01:03:31,040 --> 01:03:32,680
Speaker 3: they take a while. Guys, thank you for chatting to me.

1394
01:03:32,720 --> 01:03:35,760
Speaker 3: Appreciate it. Jordan Williams, Taxpayers Union, Alie Jones read pr

1395
01:03:36,360 --> 01:03:39,320
Speaker 3: not yet, Oh, you're so clever. Seven away from six

1396
01:03:40,320 --> 01:03:40,760
Speaker 3: on your.

1397
01:03:40,720 --> 01:03:43,360
Speaker 1: Smart speaker, on the iHeart app and in your car

1398
01:03:43,520 --> 01:03:47,480
Speaker 1: on your drive home. Heather Dupless Allen drive with one

1399
01:03:47,560 --> 01:03:51,480
Speaker 1: New Zealand one giant leap for Business News Talk ZIBB.

1400
01:03:52,880 --> 01:03:55,840
Speaker 3: Five away from six. Well, let's just say that Thomas

1401
01:03:56,280 --> 01:03:59,000
Speaker 3: wound quite a few people up, and I don't think

1402
01:03:59,040 --> 01:04:02,640
Speaker 3: it was Thomas necess because Thomas actually is an example

1403
01:04:02,720 --> 01:04:04,360
Speaker 3: of a bit of a good sort, like I mean,

1404
01:04:04,640 --> 01:04:06,760
Speaker 3: you know, he loves to spend the cash. Obviously he

1405
01:04:06,840 --> 01:04:09,280
Speaker 3: does belong to the Green Party. But Thomas is a

1406
01:04:09,320 --> 01:04:11,360
Speaker 3: good sort and he fronts up and he fights his case.

1407
01:04:11,400 --> 01:04:14,000
Speaker 3: I think just what Thomas represents and the thinking he represents,

1408
01:04:14,320 --> 01:04:18,439
Speaker 3: which is that US rate payers are an ATM. Isn't

1409
01:04:18,480 --> 01:04:21,120
Speaker 3: it lovely anyway? So people are quite upset about it. OMG, Heather,

1410
01:04:21,480 --> 01:04:23,440
Speaker 3: these are exactly why our rates are horrid. He just

1411
01:04:23,480 --> 01:04:25,840
Speaker 3: can't accept that councils maybe have a problem. Hither, you'll

1412
01:04:25,880 --> 01:04:28,280
Speaker 3: guest wanted some examples of poor spending my counsels. He

1413
01:04:28,320 --> 01:04:31,280
Speaker 3: should be sacked. I congratulate Christopher Luxan on his speech.

1414
01:04:31,640 --> 01:04:33,840
Speaker 3: Oh precious Thomas, here the God's feelings hurt. Wake up,

1415
01:04:33,840 --> 01:04:36,560
Speaker 3: stop wasting rate payers money. Start there. Hither the stupid

1416
01:04:36,640 --> 01:04:39,320
Speaker 3: cycle way and Wellington the dumb raised crossings everywhere no

1417
01:04:39,400 --> 01:04:41,520
Speaker 3: one wants moving bus stops for no good reason. There

1418
01:04:41,520 --> 01:04:44,120
Speaker 3: are some examples for you, mister Nash. Thomas Nash should

1419
01:04:44,120 --> 01:04:47,160
Speaker 3: be fired immediately. Hither Thomas has no idea, Wellington has broken,

1420
01:04:47,240 --> 01:04:49,120
Speaker 3: wake up and somebody just said, God help us, Heather.

1421
01:04:49,560 --> 01:04:53,480
Speaker 3: And there are many days, aren't there many days like

1422
01:04:53,600 --> 01:04:55,720
Speaker 3: that where you look at the latest stupid thing the

1423
01:04:55,760 --> 01:04:59,320
Speaker 3: council's done, and you go, God help us Heither. Your

1424
01:04:59,320 --> 01:05:01,160
Speaker 3: show has been a bit weird today? Can we please

1425
01:05:01,200 --> 01:05:05,120
Speaker 3: have some more sex? Well, Allen not generally a show.

1426
01:05:05,160 --> 01:05:08,480
Speaker 3: I think you might have tuned into the wrong place. However,

1427
01:05:09,080 --> 01:05:12,320
Speaker 3: has he No, Actually that's true, he hasn't.

1428
01:05:12,400 --> 01:05:12,600
Speaker 8: Really.

1429
01:05:12,960 --> 01:05:14,520
Speaker 3: I mean, we don't have the reason. We've got the

1430
01:05:14,560 --> 01:05:16,880
Speaker 3: porn music on repeat. We have had a bit of

1431
01:05:16,920 --> 01:05:20,840
Speaker 3: sex lately, and that's largely because of Philip Polkinghorn's trial.

1432
01:05:21,240 --> 01:05:23,400
Speaker 3: Now quickly update you on that. So we heard what

1433
01:05:23,560 --> 01:05:26,160
Speaker 3: was on as computer. There were screen grabs of a

1434
01:05:26,240 --> 01:05:29,400
Speaker 3: mobile website with instructions for making a glass pipe for

1435
01:05:29,480 --> 01:05:32,960
Speaker 3: methamphetamine consumption using a light bulb. Now, I would have

1436
01:05:33,000 --> 01:05:35,920
Speaker 3: thought that when you're on seven d K you just

1437
01:05:36,000 --> 01:05:37,880
Speaker 3: go down the road to one of those shops that

1438
01:05:37,960 --> 01:05:41,000
Speaker 3: pretend it's not four P and you buy it. I

1439
01:05:41,120 --> 01:05:43,080
Speaker 3: don't know if do you really need to be making

1440
01:05:43,200 --> 01:05:47,840
Speaker 3: d y I di y ing anyway? Whatever. There were

1441
01:05:47,880 --> 01:05:51,560
Speaker 3: also various videos on his computer, including one showing polking

1442
01:05:51,600 --> 01:05:56,080
Speaker 3: Horn in the Nuddy Worth, Madison Ashton fill in the blanks.

1443
01:05:56,440 --> 01:05:59,000
Speaker 3: Others also showed Madison Ashton. She's the one with the

1444
01:05:59,040 --> 01:06:02,960
Speaker 3: big big knockers than the big lips. Others showed her

1445
01:06:03,080 --> 01:06:05,800
Speaker 3: in various states of undress. There was also another video

1446
01:06:05,960 --> 01:06:09,080
Speaker 3: showing him lying in the bed and her just walking

1447
01:06:09,120 --> 01:06:11,120
Speaker 3: around on clothed. Thank god, that's where that went. And

1448
01:06:11,200 --> 01:06:13,920
Speaker 3: that's from early to twenty twenty. And then some things

1449
01:06:13,960 --> 01:06:14,840
Speaker 3: were more pedestrian.

1450
01:06:14,960 --> 01:06:15,120
Speaker 2: You know.

1451
01:06:15,200 --> 01:06:17,440
Speaker 3: There's a document showing a lone agreement between him and

1452
01:06:17,560 --> 01:06:20,760
Speaker 3: her in which he'd signed as the lender obviously, and

1453
01:06:20,840 --> 01:06:23,040
Speaker 3: another one showing that he brought her a washing machine.

1454
01:06:23,680 --> 01:06:25,240
Speaker 3: That's what we all love from a man, A just

1455
01:06:25,280 --> 01:06:28,520
Speaker 3: a good old washing machine. Steve Yukovich of Kiwibank.

1456
01:06:28,640 --> 01:06:38,880
Speaker 2: Next, what up? What's down? What were the major calls?

1457
01:06:39,120 --> 01:06:41,880
Speaker 2: And how will it affect the economy of the big business?

1458
01:06:41,960 --> 01:06:45,680
Speaker 1: Questions on the Business Hour with the duplessy Allen and

1459
01:06:46,080 --> 01:06:48,640
Speaker 1: my hr on ustoxb.

1460
01:06:50,520 --> 01:06:52,280
Speaker 3: Eve and coming up in the next hour. It's pretty

1461
01:06:52,360 --> 01:06:55,800
Speaker 3: unusual for a business like Devalves we put into statutory management.

1462
01:06:55,880 --> 01:06:57,959
Speaker 3: So Anne Gibson will explain why that had to happen.

1463
01:06:58,240 --> 01:07:00,680
Speaker 3: Sam Dickie's going to run us through why we're going

1464
01:07:00,760 --> 01:07:03,800
Speaker 3: globally from no recession to a recession to no recession again,

1465
01:07:03,840 --> 01:07:05,680
Speaker 3: and then Jamie McKay Ander Brady will be with us

1466
01:07:05,720 --> 01:07:07,600
Speaker 3: as well. Right now, it's coming up eight past six now,

1467
01:07:08,000 --> 01:07:11,640
Speaker 3: Kiwibank has just reported its highest ever profit at two

1468
01:07:11,720 --> 01:07:14,520
Speaker 3: hundred and two million dollars. Lending grew nine point three percent,

1469
01:07:14,640 --> 01:07:17,840
Speaker 3: Deposits grew also nine point four percent, and Steve Yukovic

1470
01:07:18,000 --> 01:07:20,760
Speaker 3: is the bank's chief executive. Hey, Steve, Hi, Heather, what

1471
01:07:20,840 --> 01:07:21,720
Speaker 3: are you putting this down to?

1472
01:07:22,720 --> 01:07:22,880
Speaker 2: Look?

1473
01:07:22,920 --> 01:07:24,960
Speaker 21: I think we've had really balanced growth. We did well

1474
01:07:25,000 --> 01:07:28,040
Speaker 21: in deposits, we did well in home lending. Business banking

1475
01:07:28,160 --> 01:07:30,000
Speaker 21: was difficult for the whole market, but we still grew

1476
01:07:30,040 --> 01:07:32,680
Speaker 21: a lot fast in the market. So overall, you know,

1477
01:07:32,760 --> 01:07:34,600
Speaker 21: we've sort of ticked a lot of boxes, which was great.

1478
01:07:35,440 --> 01:07:37,040
Speaker 3: Why do people like you so much at the moment?

1479
01:07:37,120 --> 01:07:38,240
Speaker 3: Is there something you're doing right?

1480
01:07:39,120 --> 01:07:40,880
Speaker 21: I think we're on the front food and trying to

1481
01:07:40,880 --> 01:07:43,840
Speaker 21: support people as best we can. I do think there

1482
01:07:43,960 --> 01:07:46,400
Speaker 21: is a bunch of people that really like things like

1483
01:07:47,000 --> 01:07:49,560
Speaker 21: being b Cort, being New Zealand owned, and then others

1484
01:07:49,720 --> 01:07:52,520
Speaker 21: just want, you know, a competitive deal with good easy

1485
01:07:53,160 --> 01:07:56,040
Speaker 21: things to turn around times, all those sorts of good stuff.

1486
01:07:56,880 --> 01:08:00,280
Speaker 3: You you're obviously into the idea of capitalizing kiwibank.

1487
01:08:00,920 --> 01:08:01,600
Speaker 2: I certainly am.

1488
01:08:02,600 --> 01:08:03,880
Speaker 3: How much money do you people need?

1489
01:08:05,000 --> 01:08:08,160
Speaker 21: Look, I think about half a billion dollars five hundred million.

1490
01:08:08,200 --> 01:08:09,880
Speaker 21: That's sort of twice what we got when Kei we

1491
01:08:10,040 --> 01:08:12,440
Speaker 21: Wealth was sold, and that gave us a lot of

1492
01:08:12,920 --> 01:08:15,080
Speaker 21: room and runway for a couple of years and another

1493
01:08:15,160 --> 01:08:17,760
Speaker 21: couple to come. So, look, you don't want all of

1494
01:08:17,800 --> 01:08:20,360
Speaker 21: your capital at once because obviously you know you've got

1495
01:08:20,400 --> 01:08:22,280
Speaker 21: to be able to put it to work. So you know,

1496
01:08:22,360 --> 01:08:24,559
Speaker 21: I think that sort of the five hundred million dollar

1497
01:08:24,600 --> 01:08:26,720
Speaker 21: mark would be really attractive, would allow us to keep

1498
01:08:26,760 --> 01:08:29,400
Speaker 21: growing really fast and live up to that idea that

1499
01:08:29,520 --> 01:08:32,559
Speaker 21: the ComCom want once, which is, you know, more competition,

1500
01:08:32,720 --> 01:08:34,879
Speaker 21: lower prices, better offer for customers.

1501
01:08:34,880 --> 01:08:37,479
Speaker 3: So are you saying what you want to see is

1502
01:08:37,479 --> 01:08:40,160
Speaker 3: a coupital of recapitalizations rather than just one.

1503
01:08:40,760 --> 01:08:43,360
Speaker 21: Yeah, I think that's I mean continuity of capital and

1504
01:08:43,439 --> 01:08:48,120
Speaker 21: having regular capitals better than just one big chunk, because

1505
01:08:48,160 --> 01:08:50,320
Speaker 21: that allows you to put that money to work. Make

1506
01:08:50,360 --> 01:08:52,960
Speaker 21: sure that you know you're balancing the returns for owners

1507
01:08:53,040 --> 01:08:56,800
Speaker 21: and you're also growing, and so you know, having a

1508
01:08:56,960 --> 01:08:58,680
Speaker 21: huge amount of capital that you can't put to work

1509
01:08:58,760 --> 01:09:01,040
Speaker 21: is probably not the best use of anyone's investment.

1510
01:09:01,200 --> 01:09:03,040
Speaker 3: Yeah. And so if you were to be able to

1511
01:09:03,080 --> 01:09:05,559
Speaker 3: get a billion over a couple of bursts, how where

1512
01:09:05,600 --> 01:09:07,000
Speaker 3: would that put you in terms of the size of

1513
01:09:07,040 --> 01:09:08,400
Speaker 3: the other banks? The big one?

1514
01:09:08,439 --> 01:09:09,920
Speaker 21: Look, I'd love to see this, I'd love to see

1515
01:09:09,960 --> 01:09:11,800
Speaker 21: this double in size, Heather. So I think we could

1516
01:09:11,840 --> 01:09:15,479
Speaker 21: get to you know, sixty five seventy billion, and during

1517
01:09:15,520 --> 01:09:18,920
Speaker 21: the course of that growth really put some pressure on profitability.

1518
01:09:18,960 --> 01:09:20,800
Speaker 3: Here are you still smaller than the big four?

1519
01:09:21,560 --> 01:09:21,760
Speaker 2: Yep?

1520
01:09:21,840 --> 01:09:25,400
Speaker 21: We are where thirty nearly thirty three billion dollars in lending.

1521
01:09:25,800 --> 01:09:28,840
Speaker 21: That's sort of, you know, probably a third to a

1522
01:09:28,960 --> 01:09:31,360
Speaker 21: quarter the size of you know, the really big banks.

1523
01:09:31,479 --> 01:09:35,040
Speaker 3: Yeah, yeah, Okay. How do you have any preference as

1524
01:09:35,080 --> 01:09:37,320
Speaker 3: to how Nikola goes about getting this money for you?

1525
01:09:37,360 --> 01:09:38,560
Speaker 3: Would you prefer a float or what?

1526
01:09:39,520 --> 01:09:42,160
Speaker 21: No, I'm really encouraged by the idea that she's popped forward,

1527
01:09:42,160 --> 01:09:43,880
Speaker 21: which is, you know, all options are on the table.

1528
01:09:43,960 --> 01:09:44,679
Speaker 2: That's what they want.

1529
01:09:45,120 --> 01:09:47,600
Speaker 21: That will allow us to find the right people, you know,

1530
01:09:47,640 --> 01:09:49,320
Speaker 21: who see us as the right investment and have a

1531
01:09:49,400 --> 01:09:51,240
Speaker 21: sheared philosophy, which I think is really but this.

1532
01:09:51,560 --> 01:09:53,879
Speaker 3: Sounds like a partial float for mum and dad investors

1533
01:09:53,960 --> 01:09:54,559
Speaker 3: is off the table.

1534
01:09:55,760 --> 01:09:58,479
Speaker 21: Well, I think she's already said that she would would

1535
01:09:58,520 --> 01:10:00,559
Speaker 21: not do that before the next election, so she'd want

1536
01:10:00,560 --> 01:10:03,120
Speaker 21: to mandate from you know, the country, which I think

1537
01:10:03,200 --> 01:10:06,640
Speaker 21: makes sense. And you know, look, I think you know,

1538
01:10:06,800 --> 01:10:09,559
Speaker 21: growing strongly just would make it a more attractive offer.

1539
01:10:09,720 --> 01:10:11,920
Speaker 21: So Luck, I think you know, there is a great

1540
01:10:11,960 --> 01:10:15,439
Speaker 21: opportunity for New Zealand investors to own us even more directly. Yeah,

1541
01:10:15,720 --> 01:10:17,000
Speaker 21: but I think that's a few years away.

1542
01:10:17,240 --> 01:10:17,400
Speaker 5: Yeah.

1543
01:10:17,439 --> 01:10:19,160
Speaker 3: Now, the thing is, okay, there is a little bit

1544
01:10:19,280 --> 01:10:21,439
Speaker 3: bit of concern about you guys being a disruptor because

1545
01:10:21,479 --> 01:10:24,000
Speaker 3: by its very nature, a disruptor has to take risks

1546
01:10:24,720 --> 01:10:27,040
Speaker 3: and that's not actually what we want our banks to do.

1547
01:10:27,800 --> 01:10:30,560
Speaker 21: No, Lucky, I mean you've absolutely hit the nail on

1548
01:10:30,560 --> 01:10:33,120
Speaker 21: the head right that the definition of memoric I much

1549
01:10:33,200 --> 01:10:36,320
Speaker 21: prefer is independent and so we don't have people to

1550
01:10:36,400 --> 01:10:39,040
Speaker 21: answer to in Sydney and Melbourne. We've got one market

1551
01:10:39,120 --> 01:10:41,479
Speaker 21: we care about, which is New Zealand. So you know,

1552
01:10:41,560 --> 01:10:43,920
Speaker 21: we are independent in that sense, which we're one hundred

1553
01:10:43,920 --> 01:10:45,679
Speaker 21: percent focused on what we can do for New Zealand

1554
01:10:45,720 --> 01:10:47,439
Speaker 21: and ki We, and that's what we want to do.

1555
01:10:47,720 --> 01:10:50,320
Speaker 3: Steve answers something for me that's been I've been puzzling

1556
01:10:50,360 --> 01:10:51,519
Speaker 3: over this for the last week or so.

1557
01:10:51,720 --> 01:10:51,840
Speaker 20: Right.

1558
01:10:52,479 --> 01:10:55,200
Speaker 3: Normally, if you don't have enough competition, it's because you've

1559
01:10:55,240 --> 01:10:57,960
Speaker 3: only got you've got a monopoly or a duopoly, you

1560
01:10:58,040 --> 01:10:59,760
Speaker 3: haven't got a lot of players. But actually we've got

1561
01:10:59,800 --> 01:11:02,000
Speaker 3: a lot of players. We've got four big banks and

1562
01:11:02,040 --> 01:11:04,880
Speaker 3: a whole bunch of small banks. So how is it

1563
01:11:05,000 --> 01:11:07,120
Speaker 3: going to make a difference if we just add a

1564
01:11:07,160 --> 01:11:09,200
Speaker 3: fifth one in there to actual competition.

1565
01:11:10,000 --> 01:11:12,320
Speaker 21: Well, I think as long as that fifth player is

1566
01:11:12,400 --> 01:11:15,040
Speaker 21: pushing for a different level of return, then they're going

1567
01:11:15,080 --> 01:11:16,599
Speaker 21: to be offered more value for the customer.

1568
01:11:16,760 --> 01:11:18,479
Speaker 2: So that's really the answer.

1569
01:11:18,720 --> 01:11:20,320
Speaker 21: Your point you make is a really good one, though,

1570
01:11:20,320 --> 01:11:22,160
Speaker 21: which is, you know, we need to get to a

1571
01:11:22,240 --> 01:11:26,200
Speaker 21: scale where we're really influencing the way the other banks respond.

1572
01:11:26,640 --> 01:11:28,880
Speaker 21: What's difficult for the smaller banks. You know, the next

1573
01:11:28,920 --> 01:11:32,120
Speaker 21: biggest one is about twenty five percent the size of us.

1574
01:11:32,640 --> 01:11:34,960
Speaker 21: You know, it's difficult for them to really influence things

1575
01:11:35,040 --> 01:11:37,759
Speaker 21: outside of their home patch. And I know they're focused

1576
01:11:37,800 --> 01:11:39,240
Speaker 21: on trying to do that just that we are, but

1577
01:11:39,360 --> 01:11:42,000
Speaker 21: actually you need a certain scale to really make a difference,

1578
01:11:42,040 --> 01:11:43,240
Speaker 21: and that's what we want to do.

1579
01:11:43,360 --> 01:11:44,920
Speaker 3: Okay, fair enough, and listen, where do you see that?

1580
01:11:45,120 --> 01:11:47,040
Speaker 3: I see you guys have cuts already twice in the

1581
01:11:47,120 --> 01:11:49,680
Speaker 3: last two weeks. This is the lending rates. Where do

1582
01:11:49,720 --> 01:11:50,519
Speaker 3: you see it ending up?

1583
01:11:51,280 --> 01:11:54,000
Speaker 21: Well, we see it really grinding down. So our economics

1584
01:11:54,040 --> 01:11:55,920
Speaker 21: team is saying that's going to be twelve cuts.

1585
01:11:56,000 --> 01:11:57,280
Speaker 2: So you know we are.

1586
01:11:57,640 --> 01:12:00,360
Speaker 21: We are calling for more cuts than most. We've been

1587
01:12:00,400 --> 01:12:02,000
Speaker 21: pretty accurate so far, so I've got a lot of

1588
01:12:02,000 --> 01:12:04,080
Speaker 21: faith in our team. So that would see us get

1589
01:12:04,120 --> 01:12:06,599
Speaker 21: down to sort of three and a half percent.

1590
01:12:07,320 --> 01:12:08,920
Speaker 3: Ow good, Steve, thank you very much. I has some

1591
01:12:09,000 --> 01:12:14,599
Speaker 3: good news. Steve Yukovich, the chief executive at Kiwibank Taxpayers Union,

1592
01:12:15,040 --> 01:12:17,720
Speaker 3: have made some very good points lately. They seem to

1593
01:12:17,760 --> 01:12:21,320
Speaker 3: be equal opportunists and being mean to everybody so that

1594
01:12:21,439 --> 01:12:23,519
Speaker 3: they don't pull punchers on the people that they like,

1595
01:12:23,640 --> 01:12:26,120
Speaker 3: like the Act Party, and they're more aligned with this government,

1596
01:12:26,160 --> 01:12:28,040
Speaker 3: I would say than the last government. Still having a

1597
01:12:28,080 --> 01:12:29,880
Speaker 3: crack at them, and they're not very happy at the

1598
01:12:29,920 --> 01:12:32,880
Speaker 3: moment with the government in particular Melissa Ly for throwing

1599
01:12:32,960 --> 01:12:35,960
Speaker 3: some money at a dance competition. Now, the dance competition

1600
01:12:36,120 --> 01:12:39,120
Speaker 3: is called the World Dance Crew Championship, and it's the

1601
01:12:39,200 --> 01:12:41,280
Speaker 3: first time is the first time, no, I think it's

1602
01:12:41,320 --> 01:12:43,240
Speaker 3: just new. Maybe not the first time it's ever been held,

1603
01:12:43,280 --> 01:12:45,080
Speaker 3: but it's new and it's going to be held in

1604
01:12:45,160 --> 01:12:48,439
Speaker 3: Auckland next year. And Melissaly stumped up seven hundred and

1605
01:12:48,479 --> 01:12:51,040
Speaker 3: fifty thousand dollars for an Auckland Council's also stumped up

1606
01:12:51,040 --> 01:12:53,080
Speaker 3: seven hundred and fifty thousand dollars for in total one

1607
01:12:53,080 --> 01:12:55,280
Speaker 3: point five million dollars to get the competition to Auckland.

1608
01:12:55,680 --> 01:12:58,599
Speaker 3: Taxpayers Union says it's wasteful and they may have a point.

1609
01:12:58,680 --> 01:13:00,080
Speaker 3: Yet the point that they're making is you can I

1610
01:13:00,200 --> 01:13:03,800
Speaker 3: go around as the government cutting waste and telling local

1611
01:13:03,880 --> 01:13:07,360
Speaker 3: government to cut waste meanwhile being like, ah, seven hundred

1612
01:13:07,360 --> 01:13:10,120
Speaker 3: and fifty thousand dollars for some dancers. And they may

1613
01:13:10,240 --> 01:13:13,040
Speaker 3: have a point here because apparently this thing is going

1614
01:13:13,120 --> 01:13:16,400
Speaker 3: to bring four million dollars into New Zealand, right four million,

1615
01:13:17,160 --> 01:13:19,680
Speaker 3: one million of that will go to Auckland. That is

1616
01:13:19,800 --> 01:13:22,679
Speaker 3: not a great investment in particular from Auckland. So Auckland's

1617
01:13:22,680 --> 01:13:25,400
Speaker 3: putting in seven fifty thousand and they're going to get

1618
01:13:25,400 --> 01:13:28,639
Speaker 3: a million back. And everybody knows that when you get

1619
01:13:28,720 --> 01:13:31,920
Speaker 3: numbers like that, they usually inflated. So it's a very

1620
01:13:31,960 --> 01:13:34,360
Speaker 3: good chance we actually lose money on it. Fourteen past

1621
01:13:34,360 --> 01:13:38,040
Speaker 3: six crunching the numbers and getting the results.

1622
01:13:38,280 --> 01:13:41,560
Speaker 2: It's Heather Duplicy Allen with the Business Hour thanks to

1623
01:13:41,720 --> 01:13:45,559
Speaker 2: my HR, the HR platform for SME on US talks EDB.

1624
01:13:46,479 --> 01:13:49,040
Speaker 2: If it's to do with money, it matters to you.

1625
01:13:49,479 --> 01:13:53,240
Speaker 1: The Business Hour with Heather Duplicy Allen and my HR

1626
01:13:53,560 --> 01:13:56,200
Speaker 1: the HR platform for sme US talk SEDB.

1627
01:13:56,479 --> 01:13:58,559
Speaker 3: Look, here's the reality when it comes to business funding.

1628
01:13:58,640 --> 01:14:00,720
Speaker 3: The big banks hold all of the cards, don't they.

1629
01:14:00,720 --> 01:14:02,880
Speaker 3: I mean, they don't blink at charging hefty interest rates

1630
01:14:02,920 --> 01:14:05,320
Speaker 3: and their processes can actually leave you hanging for months.

1631
01:14:05,400 --> 01:14:08,160
Speaker 3: But now there is a game changer on the scene, taxi,

1632
01:14:08,479 --> 01:14:11,639
Speaker 3: which allows you to decline the bank with smarter business funding.

1633
01:14:11,800 --> 01:14:14,120
Speaker 3: Whether it's another digger for your fleet, maybe you just

1634
01:14:14,200 --> 01:14:16,400
Speaker 3: need to survive to twenty five, Taxi can help fund

1635
01:14:16,439 --> 01:14:18,320
Speaker 3: your business. And of course I hear you asking, well

1636
01:14:18,360 --> 01:14:19,880
Speaker 3: how do they do that? Well, let me tell you.

1637
01:14:20,200 --> 01:14:23,519
Speaker 3: Taxi allows you to use your provisional tax to access

1638
01:14:23,640 --> 01:14:27,599
Speaker 3: some seriously affordable working capital. You're essentially borrowing against tax

1639
01:14:27,640 --> 01:14:29,720
Speaker 3: you've already paid, but at half the interest rates are

1640
01:14:29,720 --> 01:14:31,519
Speaker 3: the big banks. I'm going to repeat that for you.

1641
01:14:31,960 --> 01:14:34,759
Speaker 3: At about half the interest rates of the big banks.

1642
01:14:34,800 --> 01:14:36,680
Speaker 3: How good. You don't have to be Warren Buffett to

1643
01:14:36,720 --> 01:14:39,439
Speaker 3: see the sense and that so pay your provisional tax

1644
01:14:39,520 --> 01:14:41,800
Speaker 3: through Taxi by the twenty eighth of August, which is

1645
01:14:41,840 --> 01:14:44,080
Speaker 3: six days away, and get ready to grow your business

1646
01:14:44,160 --> 01:14:47,200
Speaker 3: a smart way check out go taxi, dot co, dot

1647
01:14:47,320 --> 01:14:48,200
Speaker 3: m Z today.

1648
01:14:48,160 --> 01:14:50,879
Speaker 2: What ever, dup cllen it's coming.

1649
01:14:50,720 --> 01:14:53,559
Speaker 3: Up eighteen pass six. Now Auckland property developer Duval Group

1650
01:14:53,920 --> 01:14:56,559
Speaker 3: has been placed in statutory management, which is a pretty

1651
01:14:56,680 --> 01:14:59,120
Speaker 3: unusual move by the government. In fact, it's so unusual

1652
01:14:59,400 --> 01:15:01,240
Speaker 3: the Governor the General has to sign off it and

1653
01:15:01,800 --> 01:15:03,799
Speaker 3: sign off on it and gives it as the Herald's

1654
01:15:03,840 --> 01:15:07,040
Speaker 3: property editor and with us hey ann hey Heather now

1655
01:15:07,120 --> 01:15:09,600
Speaker 3: the Minister, when signing off on this himself, says that

1656
01:15:09,720 --> 01:15:11,360
Speaker 3: part of it is to stop the liquid at is

1657
01:15:11,400 --> 01:15:13,799
Speaker 3: quarreling with each other over various parts of the business.

1658
01:15:13,840 --> 01:15:15,280
Speaker 3: But it's got to be more than that, right.

1659
01:15:16,640 --> 01:15:20,479
Speaker 22: M very good question. We don't really know because we

1660
01:15:20,640 --> 01:15:26,280
Speaker 22: don't have access to the initial Receivers and Managers report

1661
01:15:26,920 --> 01:15:32,200
Speaker 22: which PwC handed to the High Court at Hamilton last Friday,

1662
01:15:32,320 --> 01:15:34,360
Speaker 22: So that was a bit of a lightning world for

1663
01:15:34,560 --> 01:15:37,479
Speaker 22: publicity on duval. We all thought that in the media

1664
01:15:37,520 --> 01:15:39,400
Speaker 22: that we might get a copy of that report, but

1665
01:15:40,080 --> 01:15:44,080
Speaker 22: in fact gone to PwC and gone to the if

1666
01:15:44,120 --> 01:15:46,640
Speaker 22: you may and sort a copy of that report and

1667
01:15:46,800 --> 01:15:49,920
Speaker 22: asked the Minister for it as well, And it hasn't

1668
01:15:49,960 --> 01:15:53,360
Speaker 22: been released. So we don't really know what's going on here.

1669
01:15:53,479 --> 01:15:56,000
Speaker 22: We know that it is complex and serious.

1670
01:15:55,800 --> 01:15:57,640
Speaker 3: Will be the reason for them sitting on it and

1671
01:15:57,720 --> 01:15:58,360
Speaker 3: not releasing it.

1672
01:16:00,320 --> 01:16:02,960
Speaker 22: Don't know and neither does the minister. So I said

1673
01:16:03,000 --> 01:16:07,040
Speaker 22: to Andrew Bailey, have you seen the PwC report? And

1674
01:16:07,160 --> 01:16:11,519
Speaker 22: he said he certainly had significant advice from the Financial

1675
01:16:11,600 --> 01:16:14,519
Speaker 22: Markets Authority and making a decision like this, which was

1676
01:16:15,000 --> 01:16:17,280
Speaker 22: to take it to Cabinet, and he said yes, he

1677
01:16:17,400 --> 01:16:20,680
Speaker 22: had access to information. I asked him how worried was

1678
01:16:20,760 --> 01:16:23,400
Speaker 22: he as a minister when he read that report and

1679
01:16:23,479 --> 01:16:26,720
Speaker 22: he said, as a result he made the recommendation to

1680
01:16:27,040 --> 01:16:31,439
Speaker 22: Cabinet that they pass this quite unusual thing order in council,

1681
01:16:31,600 --> 01:16:35,240
Speaker 22: as you say, signed off by the Governor General based

1682
01:16:35,439 --> 01:16:37,439
Speaker 22: on the advice that he received today.

1683
01:16:38,520 --> 01:16:41,519
Speaker 3: He says he's concerned about the Devile Group because of

1684
01:16:41,560 --> 01:16:45,000
Speaker 3: allegations of misconduct. Are those allegations in the past or

1685
01:16:45,040 --> 01:16:47,800
Speaker 3: are those allegations currently well.

1686
01:16:47,840 --> 01:16:50,400
Speaker 22: He said it's obviously serious enough for him to take

1687
01:16:50,439 --> 01:16:53,320
Speaker 22: the recommendation and seek the cabinet approval. And he said

1688
01:16:53,720 --> 01:16:57,280
Speaker 22: what the Cabinet was keen on doing was protecting the

1689
01:16:57,360 --> 01:16:59,240
Speaker 22: interests of all creditors. Now, he said, there are a

1690
01:16:59,320 --> 01:17:03,840
Speaker 22: number of developments, it's property developments in Auckland, mainly apartments

1691
01:17:03,960 --> 01:17:07,600
Speaker 22: in South Auckland and maybe West Auckland too, and he

1692
01:17:07,800 --> 01:17:12,280
Speaker 22: wanted to ensure where possible that those were completed. And

1693
01:17:12,439 --> 01:17:16,000
Speaker 22: his words were, you don't go on a journey like

1694
01:17:16,160 --> 01:17:19,639
Speaker 22: this without significant concerns, Okay.

1695
01:17:20,080 --> 01:17:22,680
Speaker 3: Are Kenyon Clark and his wife speaking.

1696
01:17:23,960 --> 01:17:24,000
Speaker 2: No.

1697
01:17:24,400 --> 01:17:27,719
Speaker 22: I've been putting questions to them since the FMA moved

1698
01:17:27,960 --> 01:17:31,280
Speaker 22: on them on the second and the police were at

1699
01:17:31,320 --> 01:17:34,920
Speaker 22: there were the house as well. I've been putting questions

1700
01:17:35,040 --> 01:17:38,439
Speaker 22: to Charotte and Kenyon Clark, to the chairman of Duvail,

1701
01:17:38,640 --> 01:17:42,160
Speaker 22: John Dalzel, and to Owen Culney, who is a director

1702
01:17:42,280 --> 01:17:44,880
Speaker 22: of the company and a lawyer based in the White

1703
01:17:44,920 --> 01:17:48,080
Speaker 22: Cattle and we haven't had any response at all, and

1704
01:17:48,200 --> 01:17:51,679
Speaker 22: it may be that they cannot talk given the fact

1705
01:17:51,760 --> 01:17:57,520
Speaker 22: that there are interim receivers managers and now statutory managers

1706
01:17:57,720 --> 01:18:00,519
Speaker 22: involved in the say this is highly on new because

1707
01:18:00,560 --> 01:18:02,600
Speaker 22: the last time I could find that something like this

1708
01:18:02,720 --> 01:18:06,519
Speaker 22: occurred was fourteen years ago. Were the couple of entities

1709
01:18:06,560 --> 01:18:08,000
Speaker 22: of South Canterbury finance?

1710
01:18:08,360 --> 01:18:10,080
Speaker 3: Right, Yeah, okay, that was a big deal. Hey, and

1711
01:18:10,240 --> 01:18:13,080
Speaker 3: thank you very much, really appreciated Anne Gibson, the Herald's

1712
01:18:13,120 --> 01:18:15,760
Speaker 3: Property editor. Hither I'm trying to keep an open mind.

1713
01:18:15,840 --> 01:18:19,639
Speaker 3: But when your guest said earlier this is ali Allie

1714
01:18:19,720 --> 01:18:21,960
Speaker 3: Jones was on the huddle that we should be teaching

1715
01:18:22,600 --> 01:18:25,240
Speaker 3: at parenting at school, I'm like, they can't even teach maths.

1716
01:18:25,320 --> 01:18:27,719
Speaker 3: Stop loading up schools and thinking they are a vehicle

1717
01:18:27,760 --> 01:18:30,800
Speaker 3: for New Zealand's issues. I agree with that, I actually think,

1718
01:18:30,880 --> 01:18:32,400
Speaker 3: And this is why I don't quite know how we

1719
01:18:32,479 --> 01:18:35,839
Speaker 3: fix the situation with parents not understanding that you shouldn't

1720
01:18:35,840 --> 01:18:38,280
Speaker 3: be giving that much screen time to kitties because otherwise

1721
01:18:38,280 --> 01:18:41,679
Speaker 3: it's going to affect the development. I feel like Jordan

1722
01:18:41,800 --> 01:18:43,960
Speaker 3: sort of touched on it when he said the app

1723
01:18:44,000 --> 01:18:47,080
Speaker 3: and the acorn doesn't fall far from the tree, right,

1724
01:18:47,160 --> 01:18:51,200
Speaker 3: So if you're going to be if you're a smart, loquacious,

1725
01:18:52,000 --> 01:18:55,360
Speaker 3: engaged and curious person, probably your child will be too,

1726
01:18:55,439 --> 01:18:57,560
Speaker 3: because you'll be putting all of that into them. And

1727
01:18:57,680 --> 01:19:01,960
Speaker 3: I suspect if you expect the children who are sitting

1728
01:19:02,000 --> 01:19:04,800
Speaker 3: there on their screens are raised by people who are

1729
01:19:04,960 --> 01:19:08,000
Speaker 3: also just kind of disengaged and don't really care. And

1730
01:19:08,120 --> 01:19:11,799
Speaker 3: if they're disengaged, what's the point of teaching parenting at schools?

1731
01:19:12,080 --> 01:19:14,400
Speaker 3: They ain't going to be listening. They're probably not even there.

1732
01:19:14,720 --> 01:19:18,800
Speaker 3: Six twenty two, The Rural.

1733
01:19:18,560 --> 01:19:21,000
Speaker 2: Report on Hither duper Cee Allen.

1734
01:19:20,800 --> 01:19:25,759
Speaker 3: Drive, Jamie McKay, host of the Countries with Us, Hello Jamie, Hello, Oya.

1735
01:19:26,080 --> 01:19:27,880
Speaker 3: How good was that milk auction?

1736
01:19:29,000 --> 01:19:32,040
Speaker 6: Bloody good in a word or in two words? Yeah, Look,

1737
01:19:32,080 --> 01:19:35,360
Speaker 6: it was the best GDT auction for two years. I

1738
01:19:35,439 --> 01:19:38,280
Speaker 6: know you talked about it yesterday. Whole Milk Powder posting

1739
01:19:38,360 --> 01:19:42,920
Speaker 6: its best single event gain since twenty twenty one. Interestingly,

1740
01:19:43,040 --> 01:19:44,760
Speaker 6: Fonterra is still so that they're going to have to

1741
01:19:44,840 --> 01:19:47,200
Speaker 6: move Obviously, they're sitting at eight dollars at the moment

1742
01:19:47,479 --> 01:19:50,320
Speaker 6: for their forecast milk price for this season, that the

1743
01:19:50,439 --> 01:19:53,080
Speaker 6: futures market is at eight dollars eighty. In this afternoon

1744
01:19:53,160 --> 01:19:55,360
Speaker 6: or later on this afternoon, I found out that the

1745
01:19:55,560 --> 01:20:01,559
Speaker 6: NZX milk price forecast has now lifted to range of well,

1746
01:20:01,800 --> 01:20:03,680
Speaker 6: I won't tell you the range, but the midpoint of

1747
01:20:03,720 --> 01:20:07,840
Speaker 6: the range is nine dollars thirty three heather. So at

1748
01:20:07,920 --> 01:20:11,360
Speaker 6: those sort of numbers, dairy farmers are quite literally starting

1749
01:20:11,400 --> 01:20:13,720
Speaker 6: to cook with gas. They are good numbers if they

1750
01:20:14,080 --> 01:20:16,160
Speaker 6: you know, if they come to pass.

1751
01:20:16,040 --> 01:20:18,400
Speaker 3: Yeah, brilliant. I'm very very pleased with them. Why are

1752
01:20:18,479 --> 01:20:21,160
Speaker 3: farmers so freaked out about this report into planting trees?

1753
01:20:22,800 --> 01:20:27,479
Speaker 6: Well, let me quote Toby Williams, Federated Farmers Meat and

1754
01:20:27,479 --> 01:20:30,719
Speaker 6: Wall Chair, and he's he's probably the biggest critic I know, Toby.

1755
01:20:31,200 --> 01:20:33,400
Speaker 6: He's based up there in Gisbon on the East coast

1756
01:20:33,640 --> 01:20:39,160
Speaker 6: of carbon farming and forestry taking over good crazible land.

1757
01:20:39,280 --> 01:20:44,519
Speaker 6: He's saying this report out called Wyre Pines, it's a

1758
01:20:45,200 --> 01:20:47,920
Speaker 6: white paper that was released today by our Land and

1759
01:20:48,040 --> 01:20:51,600
Speaker 6: Water National Science Challenge, and he says it may have

1760
01:20:51,680 --> 01:20:53,760
Speaker 6: been published as a report, but it reads more like

1761
01:20:53,840 --> 01:20:57,440
Speaker 6: a horror story for the New Zealand farmers and rural communities.

1762
01:20:57,680 --> 01:20:59,600
Speaker 6: You know, the study, he says, makes it clear that

1763
01:20:59,720 --> 01:21:03,080
Speaker 6: under the current policy settings will continue to see millions

1764
01:21:03,120 --> 01:21:07,640
Speaker 6: of hectares of productive farmland plastered in pine plantations. And

1765
01:21:07,720 --> 01:21:10,400
Speaker 6: he's saying planting pines as far as the eye can

1766
01:21:10,439 --> 01:21:13,599
Speaker 6: see may well help reduce missions or improve water quality,

1767
01:21:13,640 --> 01:21:16,519
Speaker 6: which is the idea of this report. But somebody has

1768
01:21:16,600 --> 01:21:19,280
Speaker 6: to ask the question at what cost? And listen for

1769
01:21:19,360 --> 01:21:21,560
Speaker 6: this one here the here's my final shot. One of

1770
01:21:21,600 --> 01:21:24,519
Speaker 6: the studies even found out that if there was no

1771
01:21:24,720 --> 01:21:27,479
Speaker 6: carbon price, if carbon was worth nothing, it's currently trading

1772
01:21:27,479 --> 01:21:30,519
Speaker 6: at about sixty bucks a ton, one fifth of sheep

1773
01:21:30,760 --> 01:21:33,720
Speaker 6: and sheep and beef country would still need to be

1774
01:21:33,880 --> 01:21:37,679
Speaker 6: converted to pine forest to meet our current freshwater goals.

1775
01:21:38,040 --> 01:21:40,599
Speaker 6: So you know, sticky times ahead for sheep and beef

1776
01:21:40,680 --> 01:21:41,559
Speaker 6: up against the trees.

1777
01:21:41,920 --> 01:21:45,040
Speaker 3: I was under the impression that somehow the gnats were

1778
01:21:45,120 --> 01:21:47,400
Speaker 3: going to crack down on this stuff and stop all

1779
01:21:47,439 --> 01:21:49,720
Speaker 3: of the planting just getting out of control. Was I wrong?

1780
01:21:50,840 --> 01:21:52,880
Speaker 6: Well, I think they have cut down and I think

1781
01:21:52,960 --> 01:21:56,640
Speaker 6: eating fair to the previous government and Damian O'Connor of

1782
01:21:56,760 --> 01:21:59,519
Speaker 6: they kind of cut down on carbon farming, so we're

1783
01:21:59,560 --> 01:22:02,200
Speaker 6: not Actually I think the days of spray and walk

1784
01:22:02,240 --> 01:22:05,920
Speaker 6: away people just buying some land, planting some pine trees

1785
01:22:07,160 --> 01:22:10,120
Speaker 6: were basically walking away after thirty years but collecting all

1786
01:22:10,160 --> 01:22:13,560
Speaker 6: the carbon credits along the way are gone. But forestry

1787
01:22:13,640 --> 01:22:15,840
Speaker 6: log prices are down at the moment, but by you

1788
01:22:15,920 --> 01:22:17,960
Speaker 6: need to get two bites at the cherry. So if

1789
01:22:18,000 --> 01:22:20,719
Speaker 6: you plant now, you're going to get hopefully a meaningful

1790
01:22:20,760 --> 01:22:23,720
Speaker 6: return for your logs and twenty five or thirty years time,

1791
01:22:23,760 --> 01:22:25,719
Speaker 6: but you're going to clip the ticket on carbon credits

1792
01:22:25,760 --> 01:22:28,479
Speaker 6: on the way through. So it's a bit like sheep farming.

1793
01:22:28,600 --> 01:22:30,240
Speaker 6: Used to be sheep farming here. They used to have

1794
01:22:30,360 --> 01:22:32,800
Speaker 6: two bites at the cherry as well, meat and wool

1795
01:22:33,000 --> 01:22:36,639
Speaker 6: wallsworth next to nothing now, so the forestry has taken

1796
01:22:36,720 --> 01:22:38,200
Speaker 6: over that mantle, I see.

1797
01:22:38,080 --> 01:22:39,400
Speaker 3: Jamie, thank you so much. We'll have a chat to

1798
01:22:39,400 --> 01:22:41,320
Speaker 3: you again next week. Jamie McKay, host to the Country.

1799
01:22:41,360 --> 01:22:46,080
Speaker 3: Heye quick shout out to Fugadai's mayor, Vince Cockerrulo, because

1800
01:22:46,160 --> 01:22:48,360
Speaker 3: not all counselors had to cry when they listened to

1801
01:22:48,400 --> 01:22:51,360
Speaker 3: Chris Luxen. Vince said there may be some hurt feelings

1802
01:22:51,400 --> 01:22:54,360
Speaker 3: amongst counselors after the Prime Minister's broadside, but they need

1803
01:22:54,479 --> 01:22:58,640
Speaker 3: to take on board some of the criticism right bang on.

1804
01:22:58,760 --> 01:23:00,560
Speaker 3: And his point was because a lot of money is

1805
01:23:00,600 --> 01:23:03,280
Speaker 3: local plus central to funder project. You've got to listen

1806
01:23:03,360 --> 01:23:06,599
Speaker 3: to the big boss luxon now don't yeah headlines next man.

1807
01:23:09,200 --> 01:23:12,479
Speaker 1: Cruning the numbers and getting the results. It's Heather due

1808
01:23:12,479 --> 01:23:15,880
Speaker 1: for ce Ellen with the business hours thanks to my HR,

1809
01:23:16,120 --> 01:23:19,760
Speaker 1: the HR platform for SME on newstalksb.

1810
01:23:27,080 --> 01:23:30,200
Speaker 3: Hey, do you remember Michael Barrymore? I need to run

1811
01:23:30,280 --> 01:23:32,160
Speaker 3: you through what's happened to my It's nothing that. Don't

1812
01:23:32,160 --> 01:23:34,160
Speaker 3: worry lots about things have happened to Michael Barrymore. It's

1813
01:23:34,160 --> 01:23:36,720
Speaker 3: nothing like that. But the latest from Michael Barrymore. What

1814
01:23:36,840 --> 01:23:38,559
Speaker 3: a blast from the past? Or do that shortly?

1815
01:23:39,200 --> 01:23:39,519
Speaker 2: Right now?

1816
01:23:39,640 --> 01:23:41,680
Speaker 3: It is coming up twenty three away from seven and

1817
01:23:41,760 --> 01:23:43,719
Speaker 3: indo Brady will be a US shortly now. The market

1818
01:23:44,280 --> 01:23:46,479
Speaker 3: came into twenty twenty three convinced there would be a

1819
01:23:46,560 --> 01:23:49,840
Speaker 3: global recession, and then the market came into twenty twenty

1820
01:23:49,880 --> 01:23:52,880
Speaker 3: four convinced there would be a soft economic landing, and

1821
01:23:52,960 --> 01:23:55,000
Speaker 3: then a few weeks ago the market got very nervous

1822
01:23:55,000 --> 01:23:56,760
Speaker 3: about growth again, and now it seems like we're back

1823
01:23:56,760 --> 01:23:58,560
Speaker 3: to a soft landing again, What on earth is going on?

1824
01:23:58,680 --> 01:24:01,679
Speaker 3: Sam Dickey is from Fisher Fundze Sam, Hey here, how's

1825
01:24:01,720 --> 01:24:03,559
Speaker 3: it going very well? Thank you? And so what are

1826
01:24:03,600 --> 01:24:04,400
Speaker 3: we feeling this week?

1827
01:24:06,200 --> 01:24:07,240
Speaker 2: It is hard to keep up.

1828
01:24:07,320 --> 01:24:09,120
Speaker 13: And the good news is this week the market is

1829
01:24:09,240 --> 01:24:12,759
Speaker 13: convinced we are going to have a soft economic landing.

1830
01:24:12,840 --> 01:24:16,320
Speaker 13: And just to remind ourselves, if that is achieved or

1831
01:24:16,360 --> 01:24:19,519
Speaker 13: said another way of recession is avoided, what the US

1832
01:24:19,600 --> 01:24:22,040
Speaker 13: Federal Reserve and other central banks around the world have

1833
01:24:22,200 --> 01:24:25,320
Speaker 13: achieved is kind of like landing a seven four seven

1834
01:24:25,360 --> 01:24:27,519
Speaker 13: on a pin head. So that rate rise cycle we

1835
01:24:27,560 --> 01:24:29,320
Speaker 13: saw in twenty two and twenty three was the fastes

1836
01:24:29,320 --> 01:24:33,000
Speaker 13: and fastest than forty years, and to not cause a

1837
01:24:33,080 --> 01:24:35,280
Speaker 13: big turn in the employment cycle, or to not cause

1838
01:24:35,320 --> 01:24:37,799
Speaker 13: a sharp slowdown in economic growth is quite astounding.

1839
01:24:38,360 --> 01:24:41,160
Speaker 3: Is this kind of volatility and how we feel and

1840
01:24:41,240 --> 01:24:43,560
Speaker 3: what we're expecting unusual? It feels like it is.

1841
01:24:44,560 --> 01:24:45,679
Speaker 2: It's very unusual.

1842
01:24:46,080 --> 01:24:47,680
Speaker 13: And to give you some context there, if we look

1843
01:24:47,720 --> 01:24:50,360
Speaker 13: back over the last thirty years or so, and you

1844
01:24:50,439 --> 01:24:53,600
Speaker 13: look at the entry year, so from January one to

1845
01:24:54,040 --> 01:24:59,200
Speaker 13: December thirty first variability and say US economic forecasts before

1846
01:24:59,240 --> 01:25:02,120
Speaker 13: we finally land on number for the year, the current

1847
01:25:03,280 --> 01:25:07,000
Speaker 13: forecasting era or volatility is three to four times as

1848
01:25:07,040 --> 01:25:07,679
Speaker 13: much as normal.

1849
01:25:08,880 --> 01:25:11,360
Speaker 3: What is causing this? Sam? Why are we being so

1850
01:25:11,520 --> 01:25:12,200
Speaker 3: volatile here?

1851
01:25:13,439 --> 01:25:14,360
Speaker 2: It's still an overhang.

1852
01:25:14,760 --> 01:25:18,679
Speaker 13: The entire global economy stopped after being running or after

1853
01:25:18,760 --> 01:25:21,880
Speaker 13: being set up to run to precision for many, many years,

1854
01:25:22,360 --> 01:25:24,360
Speaker 13: interest rates will cut to zero around the world, and

1855
01:25:24,400 --> 01:25:28,080
Speaker 13: below zero you might remember back it's sort of twenty twenty,

1856
01:25:29,000 --> 01:25:30,839
Speaker 13: and then we had inflation and we have the fastest

1857
01:25:30,920 --> 01:25:33,160
Speaker 13: rate rise in four decades in the after shops continuing.

1858
01:25:33,200 --> 01:25:36,880
Speaker 13: I'm still astonished that global companies can operate well with

1859
01:25:37,000 --> 01:25:37,599
Speaker 13: that backdrop.

1860
01:25:37,800 --> 01:25:40,280
Speaker 3: So can we put it down simply to just being

1861
01:25:40,320 --> 01:25:42,880
Speaker 3: an uncharted territory and we don't really know what to expect?

1862
01:25:44,479 --> 01:25:46,320
Speaker 13: That's yeah, that's basically what's happening.

1863
01:25:46,479 --> 01:25:48,439
Speaker 2: Yes, it's very unusual to sort of behavior.

1864
01:25:48,600 --> 01:25:50,839
Speaker 3: Okay, so where are we in terms of what we're expecting,

1865
01:25:50,920 --> 01:25:52,280
Speaker 3: let's say in the US at the moment.

1866
01:25:53,600 --> 01:25:55,560
Speaker 13: Probably the simplest way to answer that is Gold and

1867
01:25:55,680 --> 01:25:59,040
Speaker 13: Sacks cut their probability of a US recession about two

1868
01:25:59,120 --> 01:26:01,280
Speaker 13: or three days ago at any time in the next

1869
01:26:01,280 --> 01:26:03,840
Speaker 13: twelve months or so, from twenty five percent chance to

1870
01:26:03,920 --> 01:26:07,400
Speaker 13: a twenty percent chance, which is near the lowest probability

1871
01:26:07,439 --> 01:26:09,040
Speaker 13: we've seen in the last two or three years. And

1872
01:26:09,080 --> 01:26:11,760
Speaker 13: then you think about what's driving that low likelihood of

1873
01:26:11,960 --> 01:26:15,240
Speaker 13: a recession. It's the US consumer consumptions around seventy percent

1874
01:26:15,240 --> 01:26:17,880
Speaker 13: of the economy over there, and retail sales are still

1875
01:26:17,920 --> 01:26:18,920
Speaker 13: growing really strongly.

1876
01:26:19,720 --> 01:26:21,639
Speaker 3: And where are we at with let's say Europe.

1877
01:26:22,880 --> 01:26:25,160
Speaker 13: So yeah, and on the US, by the way, we

1878
01:26:25,280 --> 01:26:27,280
Speaker 13: were expecting two and a half percent growth. That's softened

1879
01:26:27,280 --> 01:26:29,000
Speaker 13: a bit to two percent, but that's still very far

1880
01:26:29,120 --> 01:26:30,400
Speaker 13: from a hard landing.

1881
01:26:31,120 --> 01:26:31,920
Speaker 2: The Eurozone is.

1882
01:26:31,920 --> 01:26:34,080
Speaker 13: A bit more sluggish, is often the case with Europe,

1883
01:26:34,640 --> 01:26:38,400
Speaker 13: but even those growth expectations have been getting revised up

1884
01:26:38,680 --> 01:26:41,360
Speaker 13: this year, and that block is expected to grow about

1885
01:26:41,400 --> 01:26:42,400
Speaker 13: one percent this year.

1886
01:26:42,600 --> 01:26:43,360
Speaker 3: And then China.

1887
01:26:44,920 --> 01:26:45,840
Speaker 2: China is always interesting.

1888
01:26:46,080 --> 01:26:47,640
Speaker 13: You and I have talked many times before about the

1889
01:26:47,760 --> 01:26:52,280
Speaker 13: challenges of too much debt, addiction to infrastructure spending, property spending,

1890
01:26:52,320 --> 01:26:55,280
Speaker 13: an aging population. Earlier in the year, we talked about

1891
01:26:55,320 --> 01:26:58,400
Speaker 13: how bear sentiment was heither and the fact they'd sort

1892
01:26:58,400 --> 01:27:01,559
Speaker 13: of got the three Bazookas out cutting monetary policy, they

1893
01:27:01,640 --> 01:27:04,559
Speaker 13: were driving fiscal policy, and they were making the sort

1894
01:27:04,560 --> 01:27:07,680
Speaker 13: of macro prudential measures around properly much easier, and that

1895
01:27:07,880 --> 01:27:10,120
Speaker 13: did see the market rebounded a bit, but I think

1896
01:27:10,160 --> 01:27:12,960
Speaker 13: the conclusion still the same there, that they haven't addressed

1897
01:27:12,960 --> 01:27:13,840
Speaker 13: those big imbalances.

1898
01:27:14,120 --> 01:27:17,639
Speaker 3: Sam, Gosh, it feels like it's really hard to draw

1899
01:27:18,240 --> 01:27:21,639
Speaker 3: lessons for investors. I guess, given that this is basically

1900
01:27:21,680 --> 01:27:23,639
Speaker 3: about flying blind. But are there lessons here?

1901
01:27:24,960 --> 01:27:28,240
Speaker 13: I think it's just a reminder that forecasting macro economic

1902
01:27:28,280 --> 01:27:31,120
Speaker 13: conditions is always hard, but it's especially so now, and

1903
01:27:31,240 --> 01:27:34,720
Speaker 13: long term investors should typically not switch their portfolios around

1904
01:27:34,800 --> 01:27:37,320
Speaker 13: much depend on the perceived macroeconomics flavor of the day.

1905
01:27:37,360 --> 01:27:40,040
Speaker 13: And Peter Lyncher, a very famous investor, said there is

1906
01:27:40,520 --> 01:27:43,919
Speaker 13: been more money lost by investors preparing for a recession

1907
01:27:44,200 --> 01:27:46,400
Speaker 13: or second guessing whether there's going to be a recession

1908
01:27:46,520 --> 01:27:49,439
Speaker 13: or not, than actually in the recession themselves. So said

1909
01:27:49,479 --> 01:27:51,880
Speaker 13: the other way, stay invested in high quality companies with

1910
01:27:52,600 --> 01:27:56,400
Speaker 13: wide economic motes and long growth runways, almost irrespective of

1911
01:27:56,479 --> 01:27:57,439
Speaker 13: the economic outcome.

1912
01:27:57,920 --> 01:27:59,559
Speaker 3: Sam, thanks so much for running us through that really

1913
01:27:59,560 --> 01:28:03,360
Speaker 3: appreciate vice. The advice is Sam Dickie for chafunds. It's

1914
01:28:03,400 --> 01:28:04,799
Speaker 3: nineteen away from seven.

1915
01:28:05,160 --> 01:28:06,400
Speaker 2: Ever, do for Cee Allen.

1916
01:28:06,840 --> 01:28:10,759
Speaker 3: Now what I'm worried about with Duval is that because

1917
01:28:10,800 --> 01:28:13,439
Speaker 3: it's now in statutory management and it's in all kinds

1918
01:28:13,479 --> 01:28:17,200
Speaker 3: of you know, like the Trouble General trouble. I'm worried

1919
01:28:17,240 --> 01:28:19,280
Speaker 3: we're not going to be able to see the TV show.

1920
01:28:19,760 --> 01:28:21,840
Speaker 3: This is the TV show that I think they've actually

1921
01:28:21,920 --> 01:28:26,439
Speaker 3: self funded about themselves, called the Property Developers the Teasers out.

1922
01:28:27,360 --> 01:28:30,439
Speaker 23: My name is Kenyan Talk. I've been developing properly now

1923
01:28:30,640 --> 01:28:34,960
Speaker 23: for close to twenty seven years. I've been incredibly privileged

1924
01:28:35,400 --> 01:28:38,879
Speaker 23: to work alongside my wife Charlotte.

1925
01:28:39,439 --> 01:28:44,640
Speaker 13: At home, Kenyan is a big Cudleigh bear when it

1926
01:28:44,720 --> 01:28:45,639
Speaker 13: comes to the children.

1927
01:28:46,439 --> 01:28:51,920
Speaker 3: At work, Kenyon is like a bull in a China stour. Now,

1928
01:28:52,080 --> 01:28:54,880
Speaker 3: the production company who I'm making it said some time

1929
01:28:54,960 --> 01:28:57,320
Speaker 3: ago on Instagram the series would be coming soon.

1930
01:28:57,439 --> 01:29:00,559
Speaker 13: Kenyan, when we were broke and really had nothing, came

1931
01:29:00,680 --> 01:29:01,800
Speaker 13: to me with this dream.

1932
01:29:02,240 --> 01:29:05,320
Speaker 2: I lost it all and had to stop right again

1933
01:29:05,360 --> 01:29:06,880
Speaker 2: from my beginnings and.

1934
01:29:06,920 --> 01:29:08,400
Speaker 13: I said to Emvabe, if anybody can do.

1935
01:29:08,439 --> 01:29:08,840
Speaker 2: It, you can.

1936
01:29:10,120 --> 01:29:13,280
Speaker 23: I've made it very clear that our goal is to

1937
01:29:13,360 --> 01:29:15,960
Speaker 23: build a multi billion dollar business and I want to

1938
01:29:16,040 --> 01:29:19,960
Speaker 23: give over a billion dollars away in my lifetime and

1939
01:29:20,479 --> 01:29:22,519
Speaker 23: for me working with my best friend.

1940
01:29:22,680 --> 01:29:25,320
Speaker 2: Working with my love, working with my wife on a

1941
01:29:25,439 --> 01:29:30,439
Speaker 2: shared dream is the absolute greatest privilege of my life.

1942
01:29:33,720 --> 01:29:36,479
Speaker 3: See, I want to see that. I really hope soon.

1943
01:29:37,160 --> 01:29:39,360
Speaker 3: When they say coming soon, I hope sooner soon, do

1944
01:29:39,400 --> 01:29:41,519
Speaker 3: you know what I mean? Also, just on a side note,

1945
01:29:42,240 --> 01:29:44,680
Speaker 3: do you also get that thing when somebody describes their

1946
01:29:44,760 --> 01:29:47,360
Speaker 3: partner as their lover you immediately go, oh, do you

1947
01:29:47,439 --> 01:29:52,160
Speaker 3: do that? Because I don't that's a given. In fact,

1948
01:29:52,320 --> 01:29:53,720
Speaker 3: it's not always a given. I just don't need to

1949
01:29:53,760 --> 01:29:55,120
Speaker 3: know that. Do you need to know that? I feel like,

1950
01:29:55,160 --> 01:29:58,120
Speaker 3: don't do that. Seventeen away from seven, whether.

1951
01:29:57,560 --> 01:30:01,280
Speaker 1: It's macro, MicroB or just playing economics, it's all on

1952
01:30:01,400 --> 01:30:04,840
Speaker 1: a Business Hour with Heather Duplicy Ellen and my HR,

1953
01:30:05,200 --> 01:30:07,360
Speaker 1: the HR platform for sme US.

1954
01:30:07,320 --> 01:30:11,160
Speaker 3: Talks, it'd be yeah, here the lover totally hashtag cringet Robert,

1955
01:30:11,200 --> 01:30:14,120
Speaker 3: you've also given away your generation there by using a hashtag.

1956
01:30:14,160 --> 01:30:16,680
Speaker 3: You're a boomer, so maybe it's a young person thing

1957
01:30:16,920 --> 01:30:19,000
Speaker 3: like and I say that as a boomer and spirit

1958
01:30:19,040 --> 01:30:20,800
Speaker 3: with you. Maybe it's a young person thing who's down

1959
01:30:20,880 --> 01:30:25,360
Speaker 3: with like a lover. Anyway. Fourteen away from seven, Indo

1960
01:30:25,439 --> 01:30:27,000
Speaker 3: Brady UK correspondents with us.

1961
01:30:27,040 --> 01:30:29,719
Speaker 10: Now, Hey, Inda, hey Heather, great to speak to again.

1962
01:30:29,800 --> 01:30:32,720
Speaker 3: Okay, into have they told us the five bodies they're

1963
01:30:32,720 --> 01:30:34,800
Speaker 3: found on the yacht. Who these people are?

1964
01:30:36,120 --> 01:30:39,200
Speaker 10: No, but the newspapers here certainly seem to think that

1965
01:30:39,320 --> 01:30:42,800
Speaker 10: Mike Lynch and his daughter Hannah, who was eighteen, are

1966
01:30:42,960 --> 01:30:46,400
Speaker 10: among the five that have been recovered, are found inside

1967
01:30:46,439 --> 01:30:50,439
Speaker 10: the cabins. So a terribly grim day really yesterday. The

1968
01:30:50,520 --> 01:30:54,400
Speaker 10: Italians have brought in specialist divers, the best maritime search

1969
01:30:54,520 --> 01:30:56,760
Speaker 10: teams in the whole of Italy from the mainland were

1970
01:30:56,840 --> 01:30:59,599
Speaker 10: flown to Sicily. They got to work and they brought

1971
01:30:59,640 --> 01:31:02,880
Speaker 10: with them these kind of robot camera vehicles that can

1972
01:31:02,920 --> 01:31:06,680
Speaker 10: go down and operate underwater, and they prized open a door.

1973
01:31:06,760 --> 01:31:11,200
Speaker 10: They used some sort of hydraulic jam to prize open

1974
01:31:11,240 --> 01:31:13,680
Speaker 10: a door to get in access to the accommodation on

1975
01:31:13,880 --> 01:31:15,960
Speaker 10: board the yacht, and it was in there that they

1976
01:31:16,040 --> 01:31:19,479
Speaker 10: found the five bodies. There was still one person missing,

1977
01:31:20,000 --> 01:31:24,360
Speaker 10: so the search will resume again, and you know, it's

1978
01:31:24,520 --> 01:31:27,880
Speaker 10: just such a tragic, tragic situation. A lot of questions

1979
01:31:27,960 --> 01:31:30,760
Speaker 10: being asked about how a yacht that size managed to

1980
01:31:30,800 --> 01:31:34,519
Speaker 10: sink in sixty seconds, and also how virtually all of

1981
01:31:34,560 --> 01:31:37,719
Speaker 10: the crew got off, and six or seven passengers didn't.

1982
01:31:38,120 --> 01:31:42,000
Speaker 3: And these bodies were found apparently behind metrices, which what

1983
01:31:42,320 --> 01:31:44,280
Speaker 3: does that suggest that they were trapped.

1984
01:31:45,240 --> 01:31:47,360
Speaker 10: I think they were all inside, They were asleep inside

1985
01:31:47,400 --> 01:31:50,600
Speaker 10: their cabins, and it happened so quickly. I mean, the

1986
01:31:50,720 --> 01:31:54,599
Speaker 10: lady who survived miraculously and got her newborn baby out

1987
01:31:54,640 --> 01:31:57,080
Speaker 10: of the sea as well, she'd gone up to sleep

1988
01:31:57,120 --> 01:31:59,439
Speaker 10: on the top deck because it was so hot. And

1989
01:31:59,520 --> 01:32:02,160
Speaker 10: I think the working theory is that it was so

1990
01:32:02,360 --> 01:32:05,679
Speaker 10: hot the day before insistently thirty three Celsius, that they'd

1991
01:32:05,760 --> 01:32:08,280
Speaker 10: left a lot of windows and portholes open till the

1992
01:32:08,520 --> 01:32:12,760
Speaker 10: air circulate through the cabins and the only people who

1993
01:32:12,800 --> 01:32:14,600
Speaker 10: stood a chance of getting off it were those on

1994
01:32:14,720 --> 01:32:17,760
Speaker 10: the top decks. So obviously the passengers were down below,

1995
01:32:18,000 --> 01:32:21,080
Speaker 10: fast asleep, and that's why they were found behind mattresses.

1996
01:32:21,760 --> 01:32:24,880
Speaker 3: Did I see that the captain was interrogated or interviewed

1997
01:32:24,920 --> 01:32:25,879
Speaker 3: for something like a couple.

1998
01:32:25,720 --> 01:32:29,559
Speaker 10: Of hours, he will have been yeah, Look, the Italians

1999
01:32:29,560 --> 01:32:33,160
Speaker 10: will leave no stone unturned. It's a huge investigation. British

2000
01:32:33,320 --> 01:32:37,000
Speaker 10: maritime investigation team has flown over as well. Obviously it's

2001
01:32:37,040 --> 01:32:40,920
Speaker 10: a British shot British owned, British tourists on board. There

2002
01:32:40,920 --> 01:32:44,840
Speaker 10: will be several investigations into this, but thankfully the captain

2003
01:32:44,920 --> 01:32:46,679
Speaker 10: is still alive and he will be able to say

2004
01:32:46,760 --> 01:32:50,439
Speaker 10: exactly what went on. But for now we're just piecing

2005
01:32:50,520 --> 01:32:53,960
Speaker 10: together the info we have from eyewitnesses who were watching

2006
01:32:54,040 --> 01:32:57,640
Speaker 10: on the land and the handful of people who survived

2007
01:32:57,800 --> 01:33:00,080
Speaker 10: and have spoken to the media so far. But you

2008
01:33:00,120 --> 01:33:03,000
Speaker 10: know there will be a thorough investigation, yes.

2009
01:33:02,840 --> 01:33:07,120
Speaker 3: So, because obviously an interview of any links would suggest

2010
01:33:07,200 --> 01:33:09,360
Speaker 3: that they may be actually wanting to pin things on him,

2011
01:33:09,439 --> 01:33:10,920
Speaker 3: or he may be in trouble. But are we reading

2012
01:33:10,960 --> 01:33:11,600
Speaker 3: too much into it?

2013
01:33:12,320 --> 01:33:14,439
Speaker 10: I think we're possibly reading too much into it. I

2014
01:33:14,520 --> 01:33:18,280
Speaker 10: mean this is headline news across Italy every day now

2015
01:33:18,360 --> 01:33:21,880
Speaker 10: for four days they've not had anything like this happen,

2016
01:33:22,320 --> 01:33:25,479
Speaker 10: So it's a huge, huge story, and I think the

2017
01:33:26,040 --> 01:33:28,960
Speaker 10: bigger issue away from the tragedy of all the people

2018
01:33:29,040 --> 01:33:32,120
Speaker 10: losing their lives, if it turns out that this was

2019
01:33:32,240 --> 01:33:34,840
Speaker 10: caused by this water spout. These were unheard of ten

2020
01:33:34,960 --> 01:33:39,000
Speaker 10: fifteen years ago in the Mediterranean. The seas are boiling, Yes,

2021
01:33:39,120 --> 01:33:41,240
Speaker 10: that's the bigger issue here. These are happening more and

2022
01:33:41,360 --> 01:33:42,439
Speaker 10: more often Yeah.

2023
01:33:42,360 --> 01:33:45,120
Speaker 3: Hey Anderson, Jeremy Clarkson managing to get this pub open

2024
01:33:45,880 --> 01:33:47,479
Speaker 3: six months early? How did he manage that?

2025
01:33:48,640 --> 01:33:51,000
Speaker 10: Yeah? So this is a good one. No one knows.

2026
01:33:51,200 --> 01:33:53,280
Speaker 10: This has come completely out of the blue. He stuck

2027
01:33:53,320 --> 01:33:56,519
Speaker 10: a post up on social media yesterday and the Internet

2028
01:33:56,560 --> 01:33:58,760
Speaker 10: has gone into a frenzy. So as of mid day

2029
01:33:58,960 --> 01:34:03,240
Speaker 10: tomorrow of a pub called The Farmer's Dog will open

2030
01:34:03,400 --> 01:34:06,400
Speaker 10: in the small town of Burford. Burford's nice. I mean

2031
01:34:06,600 --> 01:34:11,040
Speaker 10: tourists do go there, mostly Japanese and American tourists in

2032
01:34:11,080 --> 01:34:14,400
Speaker 10: big tour buses heading off into the cutswalls even deeper

2033
01:34:14,800 --> 01:34:17,519
Speaker 10: to go see prettier villages. And there are prettier villages

2034
01:34:17,600 --> 01:34:21,840
Speaker 10: and towns west of there. But local counselors are very

2035
01:34:21,960 --> 01:34:25,960
Speaker 10: concerned about the traffic implications. So Clarkson's farm we've all

2036
01:34:26,080 --> 01:34:29,280
Speaker 10: seen on TV Didley Squat as it's called. They have

2037
01:34:29,360 --> 01:34:33,599
Speaker 10: a farm shop. There is traffic in that area year round,

2038
01:34:33,840 --> 01:34:36,439
Speaker 10: even when the farm shop is closed, because tourists wants

2039
01:34:36,479 --> 01:34:39,439
Speaker 10: a selfie with the with the farm shop signed Didley Squat.

2040
01:34:39,840 --> 01:34:41,639
Speaker 10: So the big fear is that even when the pub

2041
01:34:41,760 --> 01:34:43,840
Speaker 10: is closed, that you know, very early in the morning

2042
01:34:43,880 --> 01:34:45,720
Speaker 10: of what have you you will have people stopping in

2043
01:34:45,800 --> 01:34:48,000
Speaker 10: the road to get out and get a picture. And

2044
01:34:48,439 --> 01:34:51,080
Speaker 10: you can be guaranteed when the doors do open tomorrow

2045
01:34:51,160 --> 01:34:54,200
Speaker 10: there will be Clarkson's film crew filming the next series

2046
01:34:54,320 --> 01:34:57,120
Speaker 10: of Clarkson's Farm, or he may even now call it

2047
01:34:57,240 --> 01:34:57,960
Speaker 10: Starkson's Pub.

2048
01:34:58,200 --> 01:35:00,400
Speaker 3: And how long before you go.

2049
01:35:01,640 --> 01:35:04,280
Speaker 10: Oh, definitely go look. My parents want to visit the farm.

2050
01:35:04,360 --> 01:35:06,080
Speaker 10: My dad grew up on a farm and that we're

2051
01:35:06,080 --> 01:35:09,160
Speaker 10: from a farming family, so my dad has always wanted

2052
01:35:09,200 --> 01:35:12,000
Speaker 10: to visit Clarkson's farm. I think the one point really

2053
01:35:12,080 --> 01:35:15,920
Speaker 10: to make Heather. He has done more for farming and

2054
01:35:16,000 --> 01:35:20,000
Speaker 10: the farming community in the UK and worldwide than any

2055
01:35:20,120 --> 01:35:23,560
Speaker 10: politician you can name, because he showed how hard it

2056
01:35:23,680 --> 01:35:26,160
Speaker 10: is to make a living off the land, the hours

2057
01:35:26,240 --> 01:35:29,960
Speaker 10: people put in, and the weather and just that resilience

2058
01:35:30,040 --> 01:35:33,080
Speaker 10: that farmers have to keep going to fix things, to

2059
01:35:33,200 --> 01:35:35,640
Speaker 10: mind animals and to make the best of what can

2060
01:35:35,720 --> 01:35:37,880
Speaker 10: often be a bad lot. And Clarkson, like them, are

2061
01:35:37,920 --> 01:35:41,400
Speaker 10: loath them. He has portrayed that brilliantly on screen.

2062
01:35:41,600 --> 01:35:42,960
Speaker 3: Yeah, well said in the good to talk to you

2063
01:35:42,960 --> 01:35:44,400
Speaker 3: about We'll talk to you again next week. It's in

2064
01:35:44,479 --> 01:35:47,479
Speaker 3: the Brady a UK correspondent. Sky City is big reporting

2065
01:35:47,520 --> 01:35:49,519
Speaker 3: season at the moment. Sky City has reported a total

2066
01:35:49,600 --> 01:35:52,120
Speaker 3: knit loss of one hundred and forty three million dollars

2067
01:35:53,479 --> 01:35:57,040
Speaker 3: one hundred and forty three loss. That's a big turnaround

2068
01:35:57,120 --> 01:36:00,160
Speaker 3: from the profit last year of eight million, so you

2069
01:36:00,200 --> 01:36:02,560
Speaker 3: can see how that just went. Whoops, there'll be no

2070
01:36:02,720 --> 01:36:05,519
Speaker 3: full year dividend paid. Dividends are suspended until the end

2071
01:36:05,640 --> 01:36:08,040
Speaker 3: of the twenty twenty five financial year. And what they're

2072
01:36:08,080 --> 01:36:10,120
Speaker 3: saying is that sky City is currently paying the price

2073
01:36:10,200 --> 01:36:11,760
Speaker 3: for mistakes made in the past.

2074
01:36:12,760 --> 01:36:16,000
Speaker 2: Whether it's macro MicroB or just playing economics.

2075
01:36:16,160 --> 01:36:19,160
Speaker 1: It's all on The Business Hour with Heather Duplicy Allen

2076
01:36:19,280 --> 01:36:23,120
Speaker 1: and my HR, the HR platform for SME News Talk.

2077
01:36:23,000 --> 01:36:26,479
Speaker 3: Sid B six away from seven. Do you remember Michael Barrymore?

2078
01:36:26,680 --> 01:36:27,360
Speaker 3: You'll remember, Mike.

2079
01:36:27,439 --> 01:36:27,519
Speaker 2: Oh?

2080
01:36:27,600 --> 01:36:29,760
Speaker 3: Why do I feel like Michael Barrymore spent a lot

2081
01:36:29,800 --> 01:36:32,120
Speaker 3: of time here in New Zealand. I don't think I

2082
01:36:32,200 --> 01:36:34,519
Speaker 3: am imagining this. I think that he was here. Was

2083
01:36:34,560 --> 01:36:38,080
Speaker 3: he here for like one of those dancing shows or

2084
01:36:38,160 --> 01:36:42,799
Speaker 3: something back in the you know, like late late two thousands. Anyway,

2085
01:36:42,840 --> 01:36:44,720
Speaker 3: you can let me know. Still got time nine two

2086
01:36:44,800 --> 01:36:46,040
Speaker 3: nine to two on the text machine. If I'm not

2087
01:36:46,080 --> 01:36:49,599
Speaker 3: imagining it. He did the Barrymore show back in the day, remember,

2088
01:36:49,880 --> 01:36:51,680
Speaker 3: and then everything sort of fell apart from him in

2089
01:36:51,720 --> 01:36:53,640
Speaker 3: the UK in two thousand and one because of the

2090
01:36:53,760 --> 01:36:57,719
Speaker 3: thing where the guy was found dead in Barrymore's swimming

2091
01:36:57,760 --> 01:36:59,559
Speaker 3: pool at his house and it was after a party

2092
01:36:59,600 --> 01:37:01,560
Speaker 3: in the whole was a little bit messy. Anyway, he

2093
01:37:01,720 --> 01:37:04,560
Speaker 3: has had a comeback because remember he was amazing and

2094
01:37:04,760 --> 01:37:07,680
Speaker 3: he was a big deal in the UK. He's had

2095
01:37:07,680 --> 01:37:10,360
Speaker 3: a comeback on TikTok. He is on TikTok all of

2096
01:37:10,400 --> 01:37:12,880
Speaker 3: the time. He's managed to get and remember TikTok is

2097
01:37:12,920 --> 01:37:16,479
Speaker 3: not you and I are not on TikTok. The children

2098
01:37:16,560 --> 01:37:19,280
Speaker 3: are on TikTok, like really really young people are on

2099
01:37:19,360 --> 01:37:22,760
Speaker 3: TikTok and they just love him. He's managed to get

2100
01:37:23,479 --> 01:37:26,839
Speaker 3: three point one million of them to follow him on TikTok.

2101
01:37:27,120 --> 01:37:30,439
Speaker 3: He posts multiple times per day. It's not the old

2102
01:37:30,520 --> 01:37:32,360
Speaker 3: sort of like me or you go, oh, I should

2103
01:37:32,360 --> 01:37:35,160
Speaker 3: probably put that on Facebook. No, He's like on there prolifically.

2104
01:37:35,800 --> 01:37:38,160
Speaker 3: His bio says this is a very happy place to

2105
01:37:38,200 --> 01:37:39,600
Speaker 3: be and by the sounds of things he makes it

2106
01:37:39,720 --> 01:37:43,280
Speaker 3: like that. He posts clips from his talk shows in

2107
01:37:43,320 --> 01:37:46,840
Speaker 3: the nineteen nineties, like kids say the funniest things. He

2108
01:37:46,960 --> 01:37:49,320
Speaker 3: does some skits. He does some behind the scenes footage

2109
01:37:49,360 --> 01:37:52,040
Speaker 3: from his day to day life featuring his dog, which

2110
01:37:52,120 --> 01:37:55,519
Speaker 3: is a Jack Russell called Dave. He does his outfit

2111
01:37:55,640 --> 01:37:58,040
Speaker 3: of the day. He does viral recipes like fluffy coke,

2112
01:37:58,080 --> 01:38:00,560
Speaker 3: which is marshmallow fluff combined with ice Coca cola. It

2113
01:38:00,600 --> 01:38:03,760
Speaker 3: sounds horrific. He posts heaps and heaps of music, really

2114
01:38:03,800 --> 01:38:07,759
Speaker 3: cool music like Charlie XCS and XCX and Kendrick Lamar

2115
01:38:07,960 --> 01:38:10,519
Speaker 3: and so on it. And he talks like he's a

2116
01:38:10,680 --> 01:38:13,320
Speaker 3: gen z, like he's a kid. Says things like gang

2117
01:38:13,800 --> 01:38:16,439
Speaker 3: I just woke up to find that Sabrina Carpenter knows

2118
01:38:16,479 --> 01:38:19,320
Speaker 3: who I knows I exist. I am fangirling so hard

2119
01:38:19,439 --> 01:38:22,360
Speaker 3: right now, Or that one time I was just trying

2120
01:38:22,400 --> 01:38:24,840
Speaker 3: to meditate in the park and Jojo Seawell walk past.

2121
01:38:25,000 --> 01:38:27,400
Speaker 3: Literally I've no idea what he's talking about. It's like

2122
01:38:27,439 --> 01:38:30,720
Speaker 3: a different language altogether. Anyway, the kids love him. They say,

2123
01:38:30,800 --> 01:38:33,640
Speaker 3: I'm just disappointed that my dad knows who Michael Barrymore is,

2124
01:38:33,960 --> 01:38:37,080
Speaker 3: but I missed out what a legend. Other people are saying,

2125
01:38:37,360 --> 01:38:39,800
Speaker 3: can we be besties? Anyway, the lesson to take from

2126
01:38:39,880 --> 01:38:42,880
Speaker 3: this is that if you are actually good at your job,

2127
01:38:43,640 --> 01:38:47,400
Speaker 3: if you're excellent at what you do, people will see it.

2128
01:38:47,640 --> 01:38:50,320
Speaker 3: Even if it takes twenty three years and you have

2129
01:38:50,400 --> 01:38:52,320
Speaker 3: to do it on TikTok, they will see it.

2130
01:38:52,520 --> 01:38:56,519
Speaker 16: And it's all facts. No friend to Heather. So Stevie

2131
01:38:56,600 --> 01:38:58,719
Speaker 16: Wonder to play us out tonight, Stevie Wander, higher ground.

2132
01:38:58,760 --> 01:38:59,479
Speaker 3: This has performed.

2133
01:39:00,080 --> 01:39:04,200
Speaker 16: I've at the Democrat National Convention. Democratic National Convention. You

2134
01:39:04,240 --> 01:39:06,519
Speaker 16: remember that the Republicans had kid Rock, So I guess

2135
01:39:06,520 --> 01:39:08,840
Speaker 16: the Democrats they have Stevie Wonder. Instead, make your own

2136
01:39:08,840 --> 01:39:10,240
Speaker 16: mind up about which one you'd rather go to.

2137
01:39:10,439 --> 01:39:11,599
Speaker 3: All facts, no printer?

2138
01:39:11,720 --> 01:39:14,519
Speaker 16: Mean, that's true, that's correct. It's a gen z slang.

2139
01:39:14,920 --> 01:39:17,639
Speaker 16: Is all like it's all facts, you know, like it's

2140
01:39:17,760 --> 01:39:18,280
Speaker 16: like it's true.

2141
01:39:18,840 --> 01:39:21,759
Speaker 3: But is it a play on fact machine?

2142
01:39:21,880 --> 01:39:22,320
Speaker 12: No printer?

2143
01:39:22,439 --> 01:39:23,800
Speaker 16: Yeah, which is weird because I don't think any of

2144
01:39:23,840 --> 01:39:25,280
Speaker 16: them ever actually used a fact machine.

2145
01:39:25,320 --> 01:39:25,720
Speaker 17: But there you go.

2146
01:39:26,600 --> 01:39:28,240
Speaker 3: This is gonna take me a really long time to

2147
01:39:28,240 --> 01:39:30,320
Speaker 3: figure out figure because it'll be like a thing there.

2148
01:39:30,360 --> 01:39:31,680
Speaker 3: Then you've got to figure out what this means. And

2149
01:39:31,760 --> 01:39:33,479
Speaker 3: I'm gonna have to take a long time. It takes

2150
01:39:33,520 --> 01:39:35,400
Speaker 3: me a very long time to dice decipher these.

2151
01:39:35,400 --> 01:39:38,160
Speaker 16: Oh you'll slay here, that you'll be fine, Oh look.

2152
01:39:38,120 --> 01:39:41,519
Speaker 3: Thank you whatever, see you tomorrow. News Talks, it'd be

2153
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Speaker 3: yes here, the Barrymore lived here.

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Speaker 1: For more from hither Duplessy Allen Drive. Listen live to

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