1 00:00:01,200 --> 00:00:05,360 Speaker 1: The issues, the interviews and the inside. Ryan Bridge on 2 00:00:05,600 --> 00:00:09,640 Speaker 1: early EDITI with one Route Love where You Live News Talks. 3 00:00:09,680 --> 00:00:11,920 Speaker 2: That'd be Good Morning at six alfter five. Coming up 4 00:00:11,960 --> 00:00:14,240 Speaker 2: on the show, we'll speak to civil contractors about the 5 00:00:14,280 --> 00:00:17,439 Speaker 2: infrastructure plan that's come out the nine Dollars told across 6 00:00:17,480 --> 00:00:20,480 Speaker 2: the Harbor. We are in the UK with Gavin. Also 7 00:00:20,520 --> 00:00:22,560 Speaker 2: this morning, we'll speak to a baker on the price 8 00:00:22,560 --> 00:00:25,480 Speaker 2: of bread and Westpac on the OCI. 9 00:00:26,760 --> 00:00:28,880 Speaker 1: The agenda when. 10 00:00:28,760 --> 00:00:31,120 Speaker 2: Say the Adding the February US civil rights leader Jesse 11 00:00:31,200 --> 00:00:33,440 Speaker 2: Jackson has died. He was eighty four years old. He 12 00:00:33,560 --> 00:00:36,839 Speaker 2: was diagnosed with Parkinson's disease back in twenty seventeen. You 13 00:00:36,880 --> 00:00:39,479 Speaker 2: may remember him from his work alongside Martin Luther King 14 00:00:39,560 --> 00:00:42,640 Speaker 2: Junior that was in the sixties, or this famous speech 15 00:00:42,720 --> 00:00:45,400 Speaker 2: in nineteen eighty eight, we must love. 16 00:00:45,280 --> 00:00:50,440 Speaker 3: A surrender, A miracle will get better and better. Keep more, 17 00:00:50,520 --> 00:00:56,160 Speaker 3: Belie Keepee. 18 00:00:54,480 --> 00:00:57,440 Speaker 2: Lie, amazing stuff staying in the US. In an interview 19 00:00:57,440 --> 00:01:00,840 Speaker 2: with the BBC, Hillary Clinton the clues accusing Trump of 20 00:01:00,880 --> 00:01:04,080 Speaker 2: a cover up over Epstein. She got and the reason 21 00:01:04,120 --> 00:01:06,600 Speaker 2: she's doing these interviews is because she's about to appear 22 00:01:06,640 --> 00:01:09,360 Speaker 2: and testify herself next week. So she gets ahead of it. 23 00:01:09,680 --> 00:01:12,000 Speaker 2: She gets in front of a camera with an interviewer 24 00:01:12,040 --> 00:01:14,680 Speaker 2: who might be a bit friendlier. She got asked if 25 00:01:14,680 --> 00:01:16,400 Speaker 2: Andrew should front up to testify. 26 00:01:16,600 --> 00:01:19,440 Speaker 4: I think everybody should testify, well, including the former prince. 27 00:01:19,560 --> 00:01:23,000 Speaker 4: I think everybody should testify who was asked to testify. 28 00:01:23,120 --> 00:01:27,120 Speaker 4: I just wanted to be fair. I want everybody treated 29 00:01:27,200 --> 00:01:30,160 Speaker 4: the same way. That's not true for my husband and me, 30 00:01:30,280 --> 00:01:34,640 Speaker 4: because other witnesses were asked to testify, they gave written 31 00:01:34,680 --> 00:01:38,720 Speaker 4: statements under oath. We offered that they want to pull us. 32 00:01:38,760 --> 00:01:41,120 Speaker 4: Why did they want to pull us into this? To 33 00:01:41,200 --> 00:01:43,240 Speaker 4: divert attention from President Trump? 34 00:01:43,400 --> 00:01:46,080 Speaker 2: Now, talks between Iran and the US over Iran's nuclear 35 00:01:46,080 --> 00:01:48,280 Speaker 2: program of ended. This is all happening in Geneva. Here's 36 00:01:48,360 --> 00:01:49,520 Speaker 2: the Iranian Foreign Minister. 37 00:01:49,720 --> 00:01:54,240 Speaker 5: URON has consistently emphasized its commitments to cooperation with the 38 00:01:54,240 --> 00:01:59,440 Speaker 5: International Atomic Energy Agency Iroon's peaceful nuclear program has been 39 00:01:59,480 --> 00:02:05,840 Speaker 5: subject to extensive and unprecedented verification measures under IAA safeguards. 40 00:02:06,000 --> 00:02:11,320 Speaker 5: Our cooperation with the agency has always been guided by professionalism, transparency, 41 00:02:11,760 --> 00:02:13,399 Speaker 5: and respect for a national sovereignty. 42 00:02:13,400 --> 00:02:16,400 Speaker 2: So apparently there's a framework that's coming and the US 43 00:02:16,520 --> 00:02:18,840 Speaker 2: still building up its military might in the region. 44 00:02:19,880 --> 00:02:23,200 Speaker 1: News and Views you trust to start your day. It's 45 00:02:23,320 --> 00:02:27,440 Speaker 1: early edition with Ryan Bridge and one roofe Love Where 46 00:02:27,440 --> 00:02:28,079 Speaker 1: you Live. 47 00:02:28,080 --> 00:02:30,040 Speaker 2: News Talks d B nine two ninety two is the 48 00:02:30,120 --> 00:02:32,400 Speaker 2: numbered text just gone eight minutes after five. Would love 49 00:02:32,440 --> 00:02:34,520 Speaker 2: to hear from you this morning, especially how would you 50 00:02:34,560 --> 00:02:36,640 Speaker 2: feel And it's just a proposal at the stage, but 51 00:02:36,680 --> 00:02:38,480 Speaker 2: I want to know how you feel about the thought, 52 00:02:38,960 --> 00:02:40,800 Speaker 2: just the thought of a nine dollars toll across the 53 00:02:40,800 --> 00:02:43,519 Speaker 2: Auckland Harbor Bridge, both of them. If we get to 54 00:02:43,600 --> 00:02:46,079 Speaker 2: end up with two flicking your text, I'll talk to 55 00:02:46,080 --> 00:02:48,560 Speaker 2: you about that at twenty past this morning. Are you 56 00:02:48,639 --> 00:02:52,160 Speaker 2: noticing that councils and pay councils and public servants to 57 00:02:52,160 --> 00:02:54,560 Speaker 2: be feared doing that annoying thing lately where they do 58 00:02:54,680 --> 00:02:57,040 Speaker 2: the no comment and the reason they give you is 59 00:02:57,520 --> 00:03:01,000 Speaker 2: it's all under investigation. Come on, no one's buying this 60 00:03:01,440 --> 00:03:03,959 Speaker 2: happened with that person, that poor person that was mauled 61 00:03:03,960 --> 00:03:07,200 Speaker 2: to death by dogs at a properly up north yesterday. 62 00:03:07,480 --> 00:03:11,119 Speaker 2: Council says, no, we're not talking because an investigations underway. 63 00:03:11,639 --> 00:03:15,320 Speaker 2: Presumably they mean a police investigation. Otherwise, why wouldn't you 64 00:03:15,360 --> 00:03:17,920 Speaker 2: be able to talk. The thing is they've got nothing 65 00:03:17,960 --> 00:03:20,399 Speaker 2: to do with that. That has nothing to do with them. 66 00:03:20,800 --> 00:03:24,840 Speaker 2: They were asked questions by Checkpoint yesterday about four phone 67 00:03:24,880 --> 00:03:27,600 Speaker 2: calls that the neighbor made to the council about the 68 00:03:27,680 --> 00:03:30,880 Speaker 2: dangerous dogs roaming on the streets, you know, aggressive dogs 69 00:03:30,919 --> 00:03:33,360 Speaker 2: on the streets. Calls the council four times in a year. 70 00:03:33,639 --> 00:03:38,200 Speaker 2: Neighbors's Council did nothing. So that wouldn't be a very 71 00:03:38,240 --> 00:03:40,120 Speaker 2: good look for the council, would it. So is that 72 00:03:40,120 --> 00:03:42,400 Speaker 2: why they're not fronting? You know, there is no legal 73 00:03:42,480 --> 00:03:45,440 Speaker 2: reason whatsoever they can't front up to the public and 74 00:03:45,480 --> 00:03:49,520 Speaker 2: answer some simple questions. They'll have records, they'll have call logs, 75 00:03:49,520 --> 00:03:52,040 Speaker 2: they've got a bloody comms team for goodness sakes, probably 76 00:03:52,040 --> 00:03:55,200 Speaker 2: costing an arm and a leg. There's no legal reason 77 00:03:55,360 --> 00:03:57,840 Speaker 2: not to do it, and surely there's a moral reason 78 00:03:57,920 --> 00:04:01,200 Speaker 2: to do it. Same goes for Wellington order. They shut 79 00:04:01,280 --> 00:04:04,160 Speaker 2: up shop, called in the lawyers, clammed up faster than 80 00:04:04,200 --> 00:04:07,360 Speaker 2: you could fill the cook straight with sewage, and they 81 00:04:07,440 --> 00:04:09,640 Speaker 2: basically had to be dragged and screaming to that public 82 00:04:09,680 --> 00:04:11,560 Speaker 2: town meeting they had the other day by the mayor. 83 00:04:12,080 --> 00:04:16,400 Speaker 2: And then they wouldn't front afterwards. They're using these investigations 84 00:04:16,480 --> 00:04:19,719 Speaker 2: as an excuse, but it's not a real one. It's 85 00:04:19,839 --> 00:04:23,040 Speaker 2: made up. It's convenient, and we the public are the 86 00:04:23,040 --> 00:04:26,119 Speaker 2: ones being hoodwinked by what is now a well worn 87 00:04:26,240 --> 00:04:29,679 Speaker 2: media tactic that serves them but not us, Ryan Bridge, 88 00:04:30,000 --> 00:04:32,880 Speaker 2: up five and two is the numbers text, right, we 89 00:04:32,960 --> 00:04:35,080 Speaker 2: gets CALLI e cold. Next, see what Arna Brimmen is 90 00:04:35,080 --> 00:04:37,200 Speaker 2: going to do with the and the Monetary Policy Committee. 91 00:04:37,240 --> 00:04:39,680 Speaker 2: It's not just her today with the OCR. 92 00:04:40,760 --> 00:04:43,360 Speaker 1: The news you need this morning and the in depth 93 00:04:43,400 --> 00:04:47,880 Speaker 1: analysis early edition with Ryan Bridge and one Roote Love 94 00:04:47,960 --> 00:04:49,360 Speaker 1: where you live News Talks. 95 00:04:49,360 --> 00:04:51,360 Speaker 2: A'd be five point thirteen on news Talk said be 96 00:04:52,240 --> 00:04:55,279 Speaker 2: yes Taylor Taylor's text and is this nine dollars each 97 00:04:55,320 --> 00:04:57,840 Speaker 2: trip over? Yes, that is from reading the report. That's 98 00:04:57,839 --> 00:05:00,320 Speaker 2: what they're suggesting. It would have to be. And I'll 99 00:05:00,320 --> 00:05:02,760 Speaker 2: tell you why at about twenty past five this morning. 100 00:05:03,120 --> 00:05:04,880 Speaker 2: This is the toll over the Harbor Bridge from that 101 00:05:04,920 --> 00:05:07,800 Speaker 2: infrastructure report. And we'll speak to civil contractors about all 102 00:05:07,839 --> 00:05:11,520 Speaker 2: of this stuff just before six this morning, Ryan Bridge. Right, 103 00:05:11,560 --> 00:05:13,800 Speaker 2: we'll go to the OCR. Big day for the new 104 00:05:13,800 --> 00:05:16,520 Speaker 2: Reserve Bank Governor Arna Breman. Today she will reveal her 105 00:05:16,560 --> 00:05:19,080 Speaker 2: first ocr decision as the head of the RBNZ. All 106 00:05:19,120 --> 00:05:21,640 Speaker 2: signs point to a hole. But then what happens after that? 107 00:05:21,720 --> 00:05:24,359 Speaker 2: When do we start hiking? That's the question. Will we 108 00:05:24,440 --> 00:05:27,400 Speaker 2: glean some insight Kelly Echold, Westpac chief economists with us 109 00:05:27,400 --> 00:05:31,400 Speaker 2: this morning, Kelly, good morning morning. So hold today and 110 00:05:31,440 --> 00:05:34,440 Speaker 2: then you know, the isn't the problem that they say, oh, 111 00:05:34,480 --> 00:05:36,720 Speaker 2: we might hike in I don't know, December, and then 112 00:05:36,720 --> 00:05:39,120 Speaker 2: the market price is in a hike in like April. 113 00:05:41,000 --> 00:05:44,440 Speaker 6: Yeah, well, that is the balancing action's going to do here, right, 114 00:05:44,640 --> 00:05:46,760 Speaker 6: Like the market has already got a bit of a 115 00:05:46,800 --> 00:05:50,159 Speaker 6: hawkish bent. I've got a couple of hikes christ for 116 00:05:50,200 --> 00:05:54,320 Speaker 6: this year already, and she will know that if they're 117 00:05:54,440 --> 00:05:57,920 Speaker 6: too aggressive, then they'll scale the horses into having people 118 00:05:58,000 --> 00:06:00,679 Speaker 6: expect that it's all going to even tomorrow. 119 00:06:01,760 --> 00:06:04,800 Speaker 2: So fine balancing act, what do they need to give 120 00:06:05,120 --> 00:06:06,680 Speaker 2: a sort of a foward track, which she's sort of 121 00:06:06,720 --> 00:06:08,159 Speaker 2: outline when she started that they. 122 00:06:08,040 --> 00:06:10,920 Speaker 6: Would, right, yeah, Well, they're going to give us some 123 00:06:11,040 --> 00:06:17,120 Speaker 6: poecasts they always do, and those I expect will indicate 124 00:06:17,279 --> 00:06:20,000 Speaker 6: that there's going to be a good chance of a 125 00:06:20,320 --> 00:06:24,680 Speaker 6: tightening before the end of the year. But you know, 126 00:06:24,880 --> 00:06:28,159 Speaker 6: important here is I think what the communications is around it. 127 00:06:28,240 --> 00:06:32,080 Speaker 6: This is Governor Brevans first MPs, So we're going to 128 00:06:32,120 --> 00:06:34,640 Speaker 6: learn a lot about how she thinks about things and 129 00:06:34,760 --> 00:06:37,440 Speaker 6: sorts of factors that the Reserve Bank thinks are important 130 00:06:37,520 --> 00:06:40,720 Speaker 6: right now, and crucially just how much confidence that they 131 00:06:40,800 --> 00:06:44,039 Speaker 6: have in the ekidomic recovery that we're seeing a few 132 00:06:44,040 --> 00:06:44,479 Speaker 6: sides of. 133 00:06:44,600 --> 00:06:48,240 Speaker 2: Now, what about inflation? You know, because last end of 134 00:06:48,360 --> 00:06:51,880 Speaker 2: last year everyone was saying to me and to us 135 00:06:52,360 --> 00:06:54,640 Speaker 2: that we don't worry, we can look through inflation. You 136 00:06:54,680 --> 00:06:56,359 Speaker 2: know it's going to be fine. Are we still looking 137 00:06:56,400 --> 00:06:56,880 Speaker 2: through all this? 138 00:06:58,240 --> 00:06:58,440 Speaker 7: Yeah? 139 00:06:58,480 --> 00:07:00,920 Speaker 6: Well that's one of the key question. I mean, the 140 00:07:01,160 --> 00:07:03,840 Speaker 6: uncomfortable thing for the Reserve Bank is inflation is above 141 00:07:03,880 --> 00:07:07,040 Speaker 6: three percent right now. So I mean they're going to 142 00:07:07,040 --> 00:07:09,400 Speaker 6: be saying to us that inflation is too high because 143 00:07:09,400 --> 00:07:12,200 Speaker 6: it is. One of the things that we're all going 144 00:07:12,240 --> 00:07:16,040 Speaker 6: to be studying quite carefully is just how comfortable are 145 00:07:16,080 --> 00:07:19,960 Speaker 6: they going to be with inflation staying now above two 146 00:07:19,960 --> 00:07:23,840 Speaker 6: percent for the sevil future? You know, what does inflation 147 00:07:24,080 --> 00:07:28,600 Speaker 6: heading back towards two percent really mean? If it's only 148 00:07:28,640 --> 00:07:30,960 Speaker 6: going to bottom out it's a two point two, two 149 00:07:31,000 --> 00:07:32,720 Speaker 6: point three or two point four percent. 150 00:07:33,720 --> 00:07:36,440 Speaker 2: She did say when quite clearly, and you've got to 151 00:07:36,480 --> 00:07:38,960 Speaker 2: listen to people when they say things when she came 152 00:07:39,000 --> 00:07:41,600 Speaker 2: in when she came to New Zealand, she said in look, 153 00:07:41,640 --> 00:07:44,000 Speaker 2: inflation is my number one job. It is my only job. 154 00:07:45,520 --> 00:07:49,680 Speaker 6: That's right, she said consistently, she's laser focused on inflation, 155 00:07:50,000 --> 00:07:53,440 Speaker 6: and in the Reserve Bank's mandate it only has inflation 156 00:07:53,760 --> 00:07:59,760 Speaker 6: in the in the target. So that would logically mean 157 00:08:00,080 --> 00:08:04,520 Speaker 6: that if this economy is going to recover, then they 158 00:08:04,560 --> 00:08:07,600 Speaker 6: should shouldn't be happy with keeping interest rates below three 159 00:08:07,600 --> 00:08:11,760 Speaker 6: percent because those are pretty stimulatory levels. I think are 160 00:08:12,000 --> 00:08:14,480 Speaker 6: kind of like a focus really has to be here 161 00:08:14,520 --> 00:08:19,000 Speaker 6: on how confident are they in the recovery. When are 162 00:08:19,000 --> 00:08:21,480 Speaker 6: they going to get confidence that there won't be any 163 00:08:21,560 --> 00:08:24,640 Speaker 6: extra capacity list of economy? Is that going to something 164 00:08:24,920 --> 00:08:27,119 Speaker 6: that's going to take them six months or twelve months 165 00:08:27,120 --> 00:08:29,000 Speaker 6: to get their heads around. 166 00:08:29,360 --> 00:08:32,520 Speaker 2: Kelly, appreciate you were update this morning. Kelly Echold Westpactief 167 00:08:32,520 --> 00:08:37,080 Speaker 2: Economist's time is sixteen after five graham Bridge rumors yesterday. 168 00:08:37,120 --> 00:08:40,440 Speaker 2: This is from business desk of an IPO for MetLife Care, 169 00:08:40,760 --> 00:08:44,480 Speaker 2: so they're refusing to confirm all today. However, there was 170 00:08:44,520 --> 00:08:47,240 Speaker 2: a report from the Australian Financial Review, which says they 171 00:08:47,280 --> 00:08:51,440 Speaker 2: have already started to engage your Macquarie capitals, your jardens, 172 00:08:51,440 --> 00:08:55,960 Speaker 2: your Forsyth bars to lead an IPO. It went private 173 00:08:56,200 --> 00:09:01,120 Speaker 2: in just after COVID October of twenty two, private for 174 00:09:01,320 --> 00:09:04,640 Speaker 2: a one point three billion dollar buyout from some Swedish 175 00:09:04,679 --> 00:09:09,200 Speaker 2: outfit and quite a good prospects on the future. You'd 176 00:09:09,200 --> 00:09:11,560 Speaker 2: have to say thirty six villages around the country. That's 177 00:09:11,600 --> 00:09:14,600 Speaker 2: a fifty percent increase since they took it private, twenty 178 00:09:14,600 --> 00:09:17,600 Speaker 2: five care homes, the number of care homes up from 179 00:09:17,880 --> 00:09:20,679 Speaker 2: forty percent to two thirds of villages, and they made 180 00:09:20,679 --> 00:09:22,679 Speaker 2: a net profit of sixty six million bucks in the 181 00:09:22,760 --> 00:09:25,360 Speaker 2: year of June twenty five, that was up twenty five percent. 182 00:09:25,679 --> 00:09:28,120 Speaker 2: They've got a bunch of green field sites for future development, 183 00:09:28,160 --> 00:09:29,559 Speaker 2: all that kind of stuff. So there you go. You 184 00:09:29,640 --> 00:09:33,480 Speaker 2: might have some new years you can buy. Seventeen after five, 185 00:09:33,480 --> 00:09:35,440 Speaker 2: we'll speak to a baker about the price of bread. 186 00:09:35,480 --> 00:09:38,960 Speaker 1: Next the first word on the News of the Day 187 00:09:39,200 --> 00:09:43,440 Speaker 1: early edition with Ryan Bridge and one Root Love where 188 00:09:43,480 --> 00:09:44,720 Speaker 1: you live News talks. 189 00:09:44,800 --> 00:09:47,800 Speaker 2: That'd be news talks. He'd be just gone twenty after five. 190 00:09:47,880 --> 00:09:50,320 Speaker 2: So food prices jumped four point six percent in the 191 00:09:50,360 --> 00:09:53,000 Speaker 2: year to January. That's the biggest monthly rise in four years. 192 00:09:53,000 --> 00:09:55,040 Speaker 2: But I mean the monthly rise is not much to 193 00:09:55,160 --> 00:09:57,840 Speaker 2: write home about. White Bread, though, was leading the charge 194 00:09:57,920 --> 00:10:00,400 Speaker 2: up nearly sixty percent. So what cost you your dollar 195 00:10:00,440 --> 00:10:02,640 Speaker 2: forty last year will now set you back about two 196 00:10:02,679 --> 00:10:07,640 Speaker 2: bucks twenty. Bernie Sugrew is the Baking Industry Association President. 197 00:10:07,679 --> 00:10:10,120 Speaker 2: He's a baker and he's with us this morning. Hey Bernie, 198 00:10:11,320 --> 00:10:13,920 Speaker 2: how are you today? Very well? Thank you? So what 199 00:10:13,960 --> 00:10:15,760 Speaker 2: are we Is this the cost of wheat? Right? 200 00:10:17,440 --> 00:10:20,640 Speaker 7: Oh? Okay, Look, baking New Zealand represents the smaller bakeries, 201 00:10:20,640 --> 00:10:24,160 Speaker 7: and New Zealand the hard working mom and dad's got 202 00:10:24,160 --> 00:10:27,240 Speaker 7: the smaller bakeries. So I'm not really sort of the 203 00:10:27,280 --> 00:10:32,360 Speaker 7: big bread baron game to comment about the dollar forty 204 00:10:32,559 --> 00:10:36,560 Speaker 7: loads of bread that's gone to to twenty. But gee, 205 00:10:38,000 --> 00:10:41,839 Speaker 7: in nineteen ninety loads of bread had a were two 206 00:10:41,880 --> 00:10:44,160 Speaker 7: dollars and then they had a price work ninety nine cent. 207 00:10:44,320 --> 00:10:46,480 Speaker 7: So for a loaf of bread still to be only 208 00:10:46,520 --> 00:10:48,079 Speaker 7: two twenty one, it's pretty cool. 209 00:10:50,280 --> 00:10:52,400 Speaker 2: Are they lost leaders? Will they be making a loss 210 00:10:52,440 --> 00:10:54,360 Speaker 2: on that stuff? The supermarkets? Do you reckon? 211 00:10:57,360 --> 00:10:59,840 Speaker 7: Look, someone's making a loss. I don't think it's a supermarket, 212 00:11:00,000 --> 00:11:04,600 Speaker 7: said the pole manufacturer. Assure, you're getting hounded. Look, it's 213 00:11:05,840 --> 00:11:08,240 Speaker 7: even if it did go up sixty percent, it's ten 214 00:11:08,320 --> 00:11:10,679 Speaker 7: cents of sandwich. You know, you get fourteen loads to 215 00:11:11,400 --> 00:11:15,400 Speaker 7: sorry foot in slices to the loaf seven sandwiches, So 216 00:11:15,440 --> 00:11:17,240 Speaker 7: it's gone up ten cents of sandwich if you're making 217 00:11:17,240 --> 00:11:22,599 Speaker 7: a sandwich at home. Look, the supermarkets or the manufacturers 218 00:11:22,880 --> 00:11:25,400 Speaker 7: aren't winning in this game. I know we need to 219 00:11:25,400 --> 00:11:28,120 Speaker 7: have some low prices for the consumer because that's what. 220 00:11:28,240 --> 00:11:29,040 Speaker 6: La It's all about. 221 00:11:29,080 --> 00:11:33,040 Speaker 7: The bread is still quite cheap commodity. Really at the 222 00:11:33,080 --> 00:11:34,560 Speaker 7: end of the day when you when you look at 223 00:11:34,559 --> 00:11:38,000 Speaker 7: parking your car in Aukland, or you know, buying a 224 00:11:38,040 --> 00:11:42,240 Speaker 7: bottle of water, bottle of water to petrol, they wind 225 00:11:42,400 --> 00:11:44,480 Speaker 7: were you wint about paying three hours for down there 226 00:11:44,480 --> 00:11:48,280 Speaker 7: a leader of petrol. But if you buy a six 227 00:11:48,400 --> 00:11:50,840 Speaker 7: hundred middle of water for four to sixty that's like 228 00:11:50,880 --> 00:11:51,680 Speaker 7: seven dollars a liter. 229 00:11:52,120 --> 00:11:55,520 Speaker 2: Bernie. It's it's strange because the price of bread really 230 00:11:55,520 --> 00:11:58,360 Speaker 2: hasn't shifted all that much in the last few decades. 231 00:11:58,720 --> 00:12:00,880 Speaker 2: And why do you why is going up now? Like 232 00:12:01,120 --> 00:12:03,920 Speaker 2: is this to do with the price of the you know, 233 00:12:03,960 --> 00:12:04,720 Speaker 2: the wheat increase. 234 00:12:05,840 --> 00:12:08,960 Speaker 7: Now, I think actually the focusing one loaf're focusing on 235 00:12:09,000 --> 00:12:11,400 Speaker 7: this one cheap loaf that's around for a dollar forty 236 00:12:11,440 --> 00:12:12,040 Speaker 7: now gone to. 237 00:12:11,920 --> 00:12:12,560 Speaker 8: Two twenty one. 238 00:12:12,960 --> 00:12:14,920 Speaker 7: So I don't think. I don't think bread in general 239 00:12:14,960 --> 00:12:17,400 Speaker 7: has gone up a lot. That one loaf that is 240 00:12:17,440 --> 00:12:19,960 Speaker 7: in the market might have gone up, but I don't 241 00:12:20,000 --> 00:12:22,400 Speaker 7: think in general bread's gone up a lot. But yes, 242 00:12:22,440 --> 00:12:29,280 Speaker 7: there has been a lot of increases for bakeries out there, wheat, transport, wages, compliance, 243 00:12:29,800 --> 00:12:33,880 Speaker 7: you know. But I think, please don't focus on sixty 244 00:12:33,880 --> 00:12:36,440 Speaker 7: percent in general that bread's gone up, because it hasn't. 245 00:12:36,559 --> 00:12:40,160 Speaker 7: That one loaf that was forty that's now maybe two 246 00:12:40,240 --> 00:12:43,440 Speaker 7: twenty one. Okay, cool, that's fine. That's in its own 247 00:12:43,440 --> 00:12:46,440 Speaker 7: little area. But bread in general has not gone up 248 00:12:46,440 --> 00:12:47,000 Speaker 7: sixty percent. 249 00:12:47,120 --> 00:12:49,640 Speaker 2: I know that you're more focused on your higher quality, 250 00:12:49,720 --> 00:12:52,840 Speaker 2: locally made stuff. Bernie. You mentioned that, Will I get 251 00:12:52,880 --> 00:12:55,840 Speaker 2: more full eating one of your pieces of bread than 252 00:12:55,840 --> 00:12:57,000 Speaker 2: I would five of these? 253 00:12:59,080 --> 00:13:01,800 Speaker 7: Hey will, no doubt. If you'd buy you know, like 254 00:13:01,840 --> 00:13:05,720 Speaker 7: a sourdough bread that's like one kilo, which is reasonably dent, 255 00:13:06,920 --> 00:13:08,800 Speaker 7: each slice is gonna be a lot more than that 256 00:13:08,920 --> 00:13:13,160 Speaker 7: six hundred gram loaf that you know we're concentrating on 257 00:13:13,280 --> 00:13:19,240 Speaker 7: now that's gone up sixty percent. Normal bakeries in a 258 00:13:19,280 --> 00:13:21,559 Speaker 7: smaller industry would have like a square white loaf of 259 00:13:21,600 --> 00:13:24,200 Speaker 7: bread that you like taking home will be around seven 260 00:13:24,280 --> 00:13:28,319 Speaker 7: hundred and fifty gram when the statistics that I believe 261 00:13:28,320 --> 00:13:30,560 Speaker 7: that I got sent from you guys was a six 262 00:13:30,600 --> 00:13:34,920 Speaker 7: hundred gram loaf of bread. So yeah, yeah, there's more 263 00:13:34,960 --> 00:13:38,200 Speaker 7: weight in a more odds and loaf for sure. 264 00:13:38,440 --> 00:13:41,760 Speaker 2: Yeah, all right, well I'll keep buying that then, Bernie, 265 00:13:41,800 --> 00:13:43,680 Speaker 2: appreciate you. Hey, how's China going, by. 266 00:13:43,600 --> 00:13:47,360 Speaker 7: The way, fantastic. Look, I've been over here for Chinese 267 00:13:47,440 --> 00:13:52,560 Speaker 7: New Year. They love celebrating for sure, and a great 268 00:13:52,559 --> 00:13:55,360 Speaker 7: people like it's lovely to be over here. I've got 269 00:13:55,400 --> 00:13:57,880 Speaker 7: my wee silver Fern Baking New Zealand shirt on and 270 00:13:57,920 --> 00:14:00,120 Speaker 7: they'll give me a bit of a thumbs up. And 271 00:14:00,280 --> 00:14:02,000 Speaker 7: they love New Joleners. We don't sort of bomb too 272 00:14:02,000 --> 00:14:02,480 Speaker 7: many people. 273 00:14:03,640 --> 00:14:06,440 Speaker 2: I appreciate your time, Bernie, enjoy and hopefully he can 274 00:14:06,440 --> 00:14:08,839 Speaker 2: get some good sales over there. That's Bernie Sagu who's 275 00:14:09,120 --> 00:14:12,439 Speaker 2: Baking Industry Association President twenty four After five, we'll talk 276 00:14:12,480 --> 00:14:13,680 Speaker 2: about that bridge charge. 277 00:14:13,760 --> 00:14:17,959 Speaker 1: Next the early edition full the show podcast on iHeartRadio, 278 00:14:18,240 --> 00:14:19,320 Speaker 1: how It by News. 279 00:14:19,080 --> 00:14:19,600 Speaker 7: Talks It be. 280 00:14:21,600 --> 00:14:24,720 Speaker 2: Five twenty six on News TALKSB. Would you pay nine 281 00:14:24,800 --> 00:14:27,520 Speaker 2: bucks to cross the Harbor Bridge? The answer, of course, 282 00:14:27,560 --> 00:14:30,840 Speaker 2: depends on whether you can afford it. Congestion charging is coming, 283 00:14:30,880 --> 00:14:33,400 Speaker 2: don't forget that, So if you're going at peak times, 284 00:14:33,400 --> 00:14:34,880 Speaker 2: it's going to cost you a hell of a lot 285 00:14:34,920 --> 00:14:38,080 Speaker 2: to drive. This is only a proposal, by the way, 286 00:14:38,120 --> 00:14:41,600 Speaker 2: based on the original toll inflation adjusted that was almost 287 00:14:41,640 --> 00:14:45,320 Speaker 2: seventy years ago. Now the suggestion, and nothing's hard and 288 00:14:45,400 --> 00:14:49,320 Speaker 2: fastest comes from the Infrastructure Commission report we got out yesterday. 289 00:14:49,760 --> 00:14:51,680 Speaker 2: We know there'll be a toll to cross the new 290 00:14:51,720 --> 00:14:54,400 Speaker 2: bridge or tunnel, whichever gets built, because the government has 291 00:14:54,440 --> 00:14:57,320 Speaker 2: already told us that they will do that. That've told 292 00:14:57,360 --> 00:15:00,240 Speaker 2: us they'll be a toll. What we know now is 293 00:15:00,280 --> 00:15:03,200 Speaker 2: that both the old and the new crossing will need 294 00:15:03,240 --> 00:15:05,480 Speaker 2: to be told, so there's no avoiding it. If you 295 00:15:05,520 --> 00:15:07,680 Speaker 2: can avoid it, they don't collect the revenue that they 296 00:15:07,720 --> 00:15:10,280 Speaker 2: need to pay for the new one, and then you go, 297 00:15:10,440 --> 00:15:14,760 Speaker 2: why nine dollars? They reckon? It's the sweet spot that'll 298 00:15:14,760 --> 00:15:17,040 Speaker 2: get enough people using it. To make enough money to 299 00:15:17,080 --> 00:15:20,560 Speaker 2: pay for the new build again without scaring everybody off 300 00:15:20,600 --> 00:15:23,520 Speaker 2: and then leaving it short on revenue. So basically driving 301 00:15:23,600 --> 00:15:26,800 Speaker 2: a car over the bridge becomes a luxury item. You'll 302 00:15:26,840 --> 00:15:30,520 Speaker 2: either need to be a little bit rich, or as 303 00:15:30,560 --> 00:15:33,480 Speaker 2: happens overseas, your employer might pay for your car, or 304 00:15:33,600 --> 00:15:36,440 Speaker 2: or you to your truck to crossover. But what about 305 00:15:36,440 --> 00:15:40,200 Speaker 2: everybody else, Well, don't worry. When they build the new bridge, 306 00:15:40,280 --> 00:15:43,960 Speaker 2: it'll have bus lanes or public transport options or trains 307 00:15:44,000 --> 00:15:46,400 Speaker 2: on it as well, so you can get public transport 308 00:15:46,600 --> 00:15:50,040 Speaker 2: and that'll be cheaper. Most people they reckon in this 309 00:15:50,160 --> 00:15:54,680 Speaker 2: report will opt for the alternative, the public transport, which 310 00:15:54,720 --> 00:15:59,200 Speaker 2: is fine so long as public transport suddenly becomes reliable 311 00:15:59,240 --> 00:16:01,840 Speaker 2: and more linked and bus drivers aren't getting stabbed and 312 00:16:01,880 --> 00:16:04,280 Speaker 2: bashed all the time, which is currently the problem they have. 313 00:16:04,880 --> 00:16:09,400 Speaker 2: The other point here is is nine dollars actually that 314 00:16:09,560 --> 00:16:12,840 Speaker 2: much money in the scheme of things. People cross the 315 00:16:12,880 --> 00:16:16,200 Speaker 2: harbor by ferry for about that price every day, but 316 00:16:16,320 --> 00:16:18,400 Speaker 2: there is a cap on how much you pay over time, 317 00:16:18,480 --> 00:16:20,880 Speaker 2: of course, and usually you haven't got your car running 318 00:16:20,920 --> 00:16:23,240 Speaker 2: costs and your petrol et cetera, et cetera, so driving. 319 00:16:23,520 --> 00:16:27,440 Speaker 2: We've basically become a premium option. The question then becomes, 320 00:16:27,640 --> 00:16:31,400 Speaker 2: do you not build something like this because nine dollars 321 00:16:32,000 --> 00:16:34,320 Speaker 2: And the answer is simple, of course you do. If 322 00:16:34,320 --> 00:16:36,480 Speaker 2: we complain about the cost of building stuff and never 323 00:16:36,520 --> 00:16:39,160 Speaker 2: build a thing, we will continue this death spiral that 324 00:16:39,160 --> 00:16:43,360 Speaker 2: we've been in. We need productivity, growth, infrastructure, all those 325 00:16:43,480 --> 00:16:45,880 Speaker 2: good things, and they don't come from nowhere. They come 326 00:16:45,920 --> 00:16:51,040 Speaker 2: from good planned investment. What we need is decent financial 327 00:16:51,120 --> 00:16:54,680 Speaker 2: controls on the design and construction. We need a government 328 00:16:54,880 --> 00:16:58,760 Speaker 2: doing the budget rather than the gold plated version, and 329 00:16:58,800 --> 00:17:00,640 Speaker 2: then we need the government to agree with the one 330 00:17:00,640 --> 00:17:04,520 Speaker 2: that comes after it that this is in the national interest. 331 00:17:04,600 --> 00:17:08,199 Speaker 2: This is a national interest project. Mess with the bridge 332 00:17:08,520 --> 00:17:11,320 Speaker 2: and you mess with us, and then it's simple. You 333 00:17:11,440 --> 00:17:15,560 Speaker 2: just get on and build the thing. Minutes after five 334 00:17:15,640 --> 00:17:17,800 Speaker 2: on News Talks seed B, I've got the global dairy 335 00:17:17,840 --> 00:17:19,600 Speaker 2: Trade auction numbers for you when we get back from 336 00:17:19,600 --> 00:17:23,320 Speaker 2: news and we will speak to several contractors about that 337 00:17:23,400 --> 00:17:27,840 Speaker 2: report from the infracom. Before six, News Talk sead. 338 00:17:27,680 --> 00:17:41,400 Speaker 1: B get ahead of the headlines on an early edition 339 00:17:41,600 --> 00:17:45,160 Speaker 1: with Ryan Bridge and one roof Love. Where you live 340 00:17:45,400 --> 00:17:46,240 Speaker 1: News Talk set B. 341 00:17:46,920 --> 00:17:48,080 Speaker 3: What's your record? 342 00:17:49,119 --> 00:17:49,520 Speaker 7: Tell me. 343 00:17:54,359 --> 00:17:56,200 Speaker 2: Brought away from six. Great to have your company this 344 00:17:56,320 --> 00:18:00,399 Speaker 2: Wednesday morning. Good news for dairy farmers. This is the 345 00:18:00,440 --> 00:18:03,359 Speaker 2: global Jerry Trade auction overnight pre Christmas. It was falling 346 00:18:03,480 --> 00:18:05,919 Speaker 2: New Year. We're rising. Things are looking good. It's up 347 00:18:05,960 --> 00:18:09,280 Speaker 2: three point six percent this morning. And the important bits 348 00:18:09,320 --> 00:18:11,520 Speaker 2: for us whole milk powder up two and a half 349 00:18:11,560 --> 00:18:14,879 Speaker 2: percent in the auction, three percent for skim milk powder. 350 00:18:14,880 --> 00:18:17,040 Speaker 2: Your butter. You won't like this because your bread's just 351 00:18:17,080 --> 00:18:20,080 Speaker 2: gone up nearly doubled in price over the last year, 352 00:18:20,080 --> 00:18:22,240 Speaker 2: but your butter's just gone up ten point seven percent. 353 00:18:22,280 --> 00:18:24,760 Speaker 2: This is all from a wholesale point of view anyway. 354 00:18:24,920 --> 00:18:29,040 Speaker 2: Mozzarella up five percent this morning. Before six we're going 355 00:18:29,080 --> 00:18:32,280 Speaker 2: to talk about that Infrastructure Commission report and get a 356 00:18:32,320 --> 00:18:34,440 Speaker 2: civil contractor view on it. And Gavin Gray's in the 357 00:18:34,560 --> 00:18:37,000 Speaker 2: UK for us. Very quickly on. We just heard in 358 00:18:37,040 --> 00:18:40,119 Speaker 2: the news about the board clean out that's happening at 359 00:18:40,119 --> 00:18:42,960 Speaker 2: Netball New Zealand, which remember we said when this all 360 00:18:43,080 --> 00:18:45,760 Speaker 2: kicked off and the CEO left, the board will be 361 00:18:45,800 --> 00:18:48,600 Speaker 2: next Well, yeah, Matt Winnera is going. He's the chair, 362 00:18:48,720 --> 00:18:51,440 Speaker 2: plus three others, so that's four total gone from the board. 363 00:18:51,760 --> 00:18:55,640 Speaker 2: And the message that this sends to anyone who might 364 00:18:55,680 --> 00:18:59,040 Speaker 2: even think of messing with Dame Knowles. Is you mess 365 00:18:59,080 --> 00:19:02,040 Speaker 2: with Dame Knowles and you come out with the bloody nose. 366 00:19:02,080 --> 00:19:04,679 Speaker 2: It's like take a car versus a freight train. You 367 00:19:04,720 --> 00:19:07,280 Speaker 2: know you're going to come out crushed and pummeled, aren't you. 368 00:19:07,920 --> 00:19:09,359 Speaker 2: That's the warning twenty three. 369 00:19:09,240 --> 00:19:10,720 Speaker 1: To six, Ryan Bridge. 370 00:19:10,920 --> 00:19:13,400 Speaker 2: Just go to our reporters, Cullum in Dunedin this morning, Culum, 371 00:19:13,440 --> 00:19:14,760 Speaker 2: good morning, good morning. 372 00:19:14,800 --> 00:19:18,520 Speaker 9: Right, Yes, you're waving goodbye to the Mad Butcher. Yeah, 373 00:19:18,520 --> 00:19:21,760 Speaker 9: that's right. Mad Butcher's leaving Dneda after nearly fifteen years. 374 00:19:21,840 --> 00:19:23,760 Speaker 9: So it's a bit of a blow for the loyal 375 00:19:23,800 --> 00:19:27,240 Speaker 9: customers of that butchery. The owners, hears say the store 376 00:19:27,280 --> 00:19:31,560 Speaker 9: will be closing next Friday, following a year long fruitless 377 00:19:31,680 --> 00:19:35,479 Speaker 9: search for a new location. Their current landlord wants them 378 00:19:35,480 --> 00:19:39,199 Speaker 9: out so he can expand his neighboring car yard, so 379 00:19:39,359 --> 00:19:42,920 Speaker 9: more cars, less sausages for us. The Mad Butcher own 380 00:19:42,920 --> 00:19:43,800 Speaker 9: heres Michael Morton. 381 00:19:43,880 --> 00:19:44,040 Speaker 7: Ryan. 382 00:19:44,119 --> 00:19:46,159 Speaker 9: He says they have no option but to close because 383 00:19:46,200 --> 00:19:49,400 Speaker 9: they can't find another retail site. And as it stands, 384 00:19:49,480 --> 00:19:51,840 Speaker 9: it's the Mad Butcher's most southern in the country. 385 00:19:52,119 --> 00:19:53,280 Speaker 2: It's a shame. How's your weather? 386 00:19:54,320 --> 00:19:57,679 Speaker 9: Showers clear this morning to fine breaks nineteen the. 387 00:19:57,720 --> 00:20:00,760 Speaker 2: High thank you clear on christ Church morning, clear, good morning, 388 00:20:01,320 --> 00:20:03,440 Speaker 2: no rain last night. Things have calmed down. 389 00:20:03,760 --> 00:20:06,119 Speaker 10: Well calm down, but still pouring this morning. I can 390 00:20:06,119 --> 00:20:08,040 Speaker 10: tell you that much. I mean here in christ Church 391 00:20:08,080 --> 00:20:11,399 Speaker 10: it's certainly wet, but it's definitely Banks Peninsula where the 392 00:20:11,440 --> 00:20:14,360 Speaker 10: attention has turned. That is where they are suffering through 393 00:20:14,440 --> 00:20:17,320 Speaker 10: quite widespread flooding. It's the second time in a year 394 00:20:17,320 --> 00:20:20,199 Speaker 10: that they've been in this situation. A local state of 395 00:20:20,240 --> 00:20:24,160 Speaker 10: emergency was declared yesterday and remains in place despite the 396 00:20:24,200 --> 00:20:27,359 Speaker 10: weather warnings now starting to expire. We still do have 397 00:20:27,400 --> 00:20:31,359 Speaker 10: State Highway seventy five from Christchurch to Akodoa closed. That's 398 00:20:31,400 --> 00:20:34,480 Speaker 10: been closed for more than twenty four hours. There's also 399 00:20:34,680 --> 00:20:38,320 Speaker 10: boil water notices for Wainui and also Little River now 400 00:20:38,320 --> 00:20:41,439 Speaker 10: Banks Peninsula councilor Tyrone Field says the community has been 401 00:20:41,480 --> 00:20:44,639 Speaker 10: working with government agencies for years to try to prevent 402 00:20:44,720 --> 00:20:47,280 Speaker 10: flood damage, but he says the reality is there's a 403 00:20:47,359 --> 00:20:50,440 Speaker 10: huge catchment in Little River and water has simply got 404 00:20:50,520 --> 00:20:53,440 Speaker 10: to go somewhere. Field says the community is very well 405 00:20:53,480 --> 00:20:56,320 Speaker 10: equipped out there to deal with the conditions as we 406 00:20:56,400 --> 00:20:57,800 Speaker 10: are anywhere in the country. 407 00:20:57,880 --> 00:20:59,959 Speaker 2: All right, and how's your weather forecast day? 408 00:21:00,200 --> 00:21:03,040 Speaker 10: Well, that's scattered like Raine, should start to clear, fine 409 00:21:03,040 --> 00:21:06,399 Speaker 10: breaks developing wasterly's turning north easterly by this afternoon and 410 00:21:06,520 --> 00:21:08,160 Speaker 10: a high of twenty nice one. 411 00:21:08,320 --> 00:21:11,879 Speaker 2: Thanks clear and Mexican Wellington Haymax. Hey, what's with this 412 00:21:11,960 --> 00:21:12,760 Speaker 2: pinchions home? 413 00:21:13,320 --> 00:21:17,960 Speaker 3: Yeah, so Monday storm obviously terrible, a lot of damage done, 414 00:21:18,600 --> 00:21:23,440 Speaker 3: but this one incident series of quite ironic and sad circumstances. Really, 415 00:21:23,520 --> 00:21:25,760 Speaker 3: John Holmes and his partner had only just put the 416 00:21:26,320 --> 00:21:29,359 Speaker 3: pody doo of property on the market when falling trees 417 00:21:29,400 --> 00:21:34,400 Speaker 3: all around the house crushed his outdoors, studio, shed, spa 418 00:21:34,520 --> 00:21:37,520 Speaker 3: and fence fell on his house, caused serious damage to 419 00:21:37,600 --> 00:21:41,080 Speaker 3: his house. Ironically, as well, this guy's currently off work 420 00:21:41,119 --> 00:21:43,360 Speaker 3: because a tree fell on his leg and injured him 421 00:21:43,400 --> 00:21:46,760 Speaker 3: in another accident unrelated to the weather. The sixty four 422 00:21:46,840 --> 00:21:49,160 Speaker 3: year old had a buyer lined up already to go 423 00:21:49,240 --> 00:21:51,919 Speaker 3: to buy this house and the sale was meant to 424 00:21:51,960 --> 00:21:56,360 Speaker 3: become unconditional at six hundred thousand this week. That may 425 00:21:56,359 --> 00:21:58,280 Speaker 3: be off now. You can read about that in the 426 00:21:58,280 --> 00:22:02,160 Speaker 3: Heralds see the pictures speaking it is still a week 427 00:22:02,200 --> 00:22:05,080 Speaker 3: of cleanup in Wellington and getting the last few lates 428 00:22:05,240 --> 00:22:07,120 Speaker 3: switched back on switched back on. 429 00:22:07,400 --> 00:22:10,960 Speaker 2: Now that's terrible, that is terrible timing. How's your weather max? 430 00:22:11,440 --> 00:22:13,879 Speaker 3: Yeah party cloudy with the odds shower nor the les A. 431 00:22:13,920 --> 00:22:16,400 Speaker 2: I have twenty thank you. I would like someone out 432 00:22:16,440 --> 00:22:18,639 Speaker 2: there to do and maybe Cotality can do it, you know, 433 00:22:18,680 --> 00:22:21,560 Speaker 2: one of the property types to figure do the map 434 00:22:21,600 --> 00:22:24,280 Speaker 2: of the flood zones and then do the house recent 435 00:22:24,320 --> 00:22:26,919 Speaker 2: house sales and see how much of an effect and 436 00:22:26,960 --> 00:22:30,679 Speaker 2: how far. Because we're the house next door to us 437 00:22:30,760 --> 00:22:33,840 Speaker 2: is for sale and the buyers came walking down past 438 00:22:33,960 --> 00:22:36,600 Speaker 2: us the other day and the first question they asked was, Hey, 439 00:22:36,640 --> 00:22:38,919 Speaker 2: how did this go in the floods and the Auckland 440 00:22:38,920 --> 00:22:42,240 Speaker 2: Anniversary floods? First question they are in fact only question 441 00:22:42,320 --> 00:22:44,359 Speaker 2: that they asked about the place. So I would be 442 00:22:44,440 --> 00:22:47,760 Speaker 2: dying to know Neivas and Auckland with us morning morning. 443 00:22:48,240 --> 00:22:52,240 Speaker 2: Now speaking of Auckland and houses these special character areas, 444 00:22:52,600 --> 00:22:53,320 Speaker 2: is a story about this. 445 00:22:53,600 --> 00:22:56,440 Speaker 11: Yes, look there's a claim that there are other ways 446 00:22:56,560 --> 00:22:59,840 Speaker 11: and yes, quite right to increase tensification in Auckland without 447 00:23:00,119 --> 00:23:02,520 Speaker 11: moving the special character areas. Now this has come from 448 00:23:02,800 --> 00:23:06,520 Speaker 11: Character Coalition claiming there's about a dozen sites lying empty 449 00:23:06,800 --> 00:23:10,520 Speaker 11: around the Kingsland and Mount Eden areas. These sites include 450 00:23:10,520 --> 00:23:13,920 Speaker 11: an empty lot being used for car parking and the 451 00:23:14,000 --> 00:23:16,720 Speaker 11: site of a canceled cuming or order project. So the 452 00:23:16,800 --> 00:23:20,159 Speaker 11: Character Coalitions saying that Housing Minister Chris Bishop should be 453 00:23:20,240 --> 00:23:22,639 Speaker 11: using those sites instead of adding to the city's villas 454 00:23:22,640 --> 00:23:26,159 Speaker 11: and bungalows. And Chris Bishop says, well, you know he 455 00:23:26,200 --> 00:23:29,439 Speaker 11: can't make decisions on those individual cuting order sites and 456 00:23:29,480 --> 00:23:31,919 Speaker 11: that council makes calls around special character areas. 457 00:23:32,080 --> 00:23:34,080 Speaker 2: Yeah right, yeah, okay. How's our weather? 458 00:23:34,200 --> 00:23:37,400 Speaker 11: Okay, cloudy today, just the odd show and mainly from afternoon. 459 00:23:37,440 --> 00:23:37,920 Speaker 11: Still warm. 460 00:23:38,000 --> 00:23:40,000 Speaker 12: Twenty three is our high today, brilliant. 461 00:23:40,000 --> 00:23:43,040 Speaker 2: Thank you. Neva. Time is eighteen minutes away from six 462 00:23:43,119 --> 00:23:46,879 Speaker 2: on News Talks MB quick update on open Star. This 463 00:23:47,040 --> 00:23:49,000 Speaker 2: is the company we mentioned them the other day because 464 00:23:49,040 --> 00:23:51,600 Speaker 2: the government, the Regional Infrastructure Fund, is giving them thirty 465 00:23:51,640 --> 00:23:56,159 Speaker 2: five million bucks and it's they're doing fusion power. And 466 00:23:56,200 --> 00:23:59,520 Speaker 2: fusion power is like the holy Grail of electricity, like 467 00:23:59,560 --> 00:24:02,439 Speaker 2: the gold standard. You can it's green energy, so you 468 00:24:02,440 --> 00:24:04,720 Speaker 2: don't get any carbon emissions, you don't. If we can 469 00:24:04,720 --> 00:24:08,399 Speaker 2: crack this we've basically clocked life. And they did a 470 00:24:08,440 --> 00:24:11,760 Speaker 2: big first steps based in Knowlnger Gorge and Wellington. They 471 00:24:11,760 --> 00:24:14,399 Speaker 2: did a big thing yesterday. They did a demonstration at 472 00:24:14,400 --> 00:24:17,880 Speaker 2: the factory and they became the first company to float 473 00:24:18,520 --> 00:24:23,080 Speaker 2: a five hundred kilogram magnet confining a cloud of ultra 474 00:24:23,160 --> 00:24:28,199 Speaker 2: hot ionized gas called plasma. Now this is quite complicated 475 00:24:28,240 --> 00:24:31,000 Speaker 2: but quite a big deal. Basically, the goal is to 476 00:24:31,040 --> 00:24:34,840 Speaker 2: fuse atoms together in a very hot condition. One hundred 477 00:24:35,520 --> 00:24:38,320 Speaker 2: million degrees celsius is how hot they need to make 478 00:24:38,359 --> 00:24:41,359 Speaker 2: this one hundred million degrees celsius. It's essentially the same 479 00:24:41,440 --> 00:24:44,639 Speaker 2: process that powers the sun and heats the sun. So 480 00:24:44,680 --> 00:24:47,000 Speaker 2: they're trying to create a mini sun in Wellington and 481 00:24:47,040 --> 00:24:50,320 Speaker 2: we're paying for it. They're fascinating. Hopefully it works out. 482 00:24:50,320 --> 00:24:52,840 Speaker 2: Seventeen to six news talks they b we're in the UK. 483 00:24:53,000 --> 00:24:53,280 Speaker 6: Next. 484 00:24:55,480 --> 00:24:58,000 Speaker 2: Guess how many of us are enrolled and invested in 485 00:24:58,119 --> 00:25:01,720 Speaker 2: Kiwi Savor more than three million Kiwis. But let's be honest, 486 00:25:01,760 --> 00:25:04,840 Speaker 2: when you're young, retirement can feel like an eternity your way. 487 00:25:05,000 --> 00:25:07,000 Speaker 2: I know that feeling. You don't want to spend the 488 00:25:07,040 --> 00:25:09,959 Speaker 2: next thirty years constantly checking your key. We saver account 489 00:25:10,000 --> 00:25:12,040 Speaker 2: balance and wondering if you're on track? Do you? That's 490 00:25:12,080 --> 00:25:15,000 Speaker 2: why you need to check out Milford. Melford has a 491 00:25:15,000 --> 00:25:18,520 Speaker 2: team of investment experts who are actively managing the funds 492 00:25:18,520 --> 00:25:21,200 Speaker 2: to create long term gains for their clients. In fact, 493 00:25:21,240 --> 00:25:25,479 Speaker 2: Milford has had top performing funds over the past ten years, 494 00:25:25,560 --> 00:25:28,120 Speaker 2: which is the proof in the pudding. They also offer 495 00:25:28,280 --> 00:25:31,639 Speaker 2: free key we Saver online and in person advice, So 496 00:25:31,800 --> 00:25:34,040 Speaker 2: don't check your key we saver balance every five minutes 497 00:25:34,080 --> 00:25:38,119 Speaker 2: for goodness sakes. Check out Milford instead. Get peace of 498 00:25:38,200 --> 00:25:41,000 Speaker 2: mind knowing that your funds are being actively managed by 499 00:25:41,119 --> 00:25:44,280 Speaker 2: experts just like you. They're in it for the long run. 500 00:25:44,520 --> 00:25:48,480 Speaker 2: Check out Milfordasset dot Com. Forward slash Keiwisaver. Past performance 501 00:25:48,560 --> 00:25:51,280 Speaker 2: is not a reliable indicator of future performance. Milford Funds 502 00:25:51,280 --> 00:25:53,879 Speaker 2: Limited as the issuer of the Milford Keiwisaver Plan. Go 503 00:25:53,920 --> 00:25:56,080 Speaker 2: to Milfordasset dot Com to read the Milford kee We 504 00:25:56,119 --> 00:25:59,200 Speaker 2: Save It Planned to product disclosure statement and Milford's Financial 505 00:25:59,240 --> 00:26:00,840 Speaker 2: Advice provided closure statement. 506 00:26:01,640 --> 00:26:05,639 Speaker 1: International correspondence with insign Eye Insurance. Peace of mind for 507 00:26:05,720 --> 00:26:08,240 Speaker 1: New Zealand business, get to. 508 00:26:08,200 --> 00:26:10,400 Speaker 2: That improcom report and the Sick and First Kevin Gray 509 00:26:10,440 --> 00:26:12,480 Speaker 2: in the UK for US given the story of an 510 00:26:12,480 --> 00:26:15,239 Speaker 2: Austrian man charged with terrorism. What's going on? 511 00:26:16,400 --> 00:26:20,280 Speaker 12: Yeah, this was all over the Taylor Swift concert around 512 00:26:20,320 --> 00:26:23,720 Speaker 12: the world. She was holding three concerts in Vienna in 513 00:26:23,760 --> 00:26:26,840 Speaker 12: August of twenty twenty four, but they were canceled very 514 00:26:26,920 --> 00:26:30,959 Speaker 12: very late notice, leaving one hundred and sixty thousand people, 515 00:26:32,080 --> 00:26:34,560 Speaker 12: you know, with tickets, the things they couldn't go to. 516 00:26:34,640 --> 00:26:37,200 Speaker 12: I think they've all been reimbursed. But the reason that 517 00:26:37,440 --> 00:26:40,360 Speaker 12: we had to have them canceled, it's now being revealed, 518 00:26:40,880 --> 00:26:45,840 Speaker 12: is because the CIA alerted Austrian police two rumors that 519 00:26:45,880 --> 00:26:48,760 Speaker 12: they had heard intelligence they had received about a man 520 00:26:49,119 --> 00:26:52,520 Speaker 12: or a group of men looking to commit terrorist atrocities. 521 00:26:52,560 --> 00:26:55,760 Speaker 12: Now prosecutors are saying that the twenty one year old suspect, 522 00:26:55,840 --> 00:26:58,960 Speaker 12: only identified as Baron A, he's accused of being a 523 00:26:59,000 --> 00:27:02,640 Speaker 12: member of a terrorist organization, making explosives, attempting to purchase 524 00:27:02,680 --> 00:27:05,800 Speaker 12: weapons illegally. He faces up to twenty years in jail 525 00:27:05,840 --> 00:27:10,640 Speaker 12: if convicted, and the sixteen year old There was last 526 00:27:10,720 --> 00:27:13,440 Speaker 12: year a sixteen year old Syrian national who was given 527 00:27:13,480 --> 00:27:17,000 Speaker 12: an eighteen month suspended sentence over what they also thought 528 00:27:17,080 --> 00:27:20,439 Speaker 12: was linked to this particular plan. Of attack. According to 529 00:27:20,480 --> 00:27:25,760 Speaker 12: the indictment, baron A had received online instructions and worked 530 00:27:25,760 --> 00:27:30,960 Speaker 12: to make a shrapnel bomb using the explosive triacetone triperoxide. 531 00:27:31,080 --> 00:27:33,919 Speaker 12: The type of shrapnel bomb was, it said, specific to 532 00:27:34,000 --> 00:27:35,280 Speaker 12: Islamic state attacks. 533 00:27:35,440 --> 00:27:38,120 Speaker 2: And very quickly, we've got these companies tied to Fergie. 534 00:27:38,160 --> 00:27:40,080 Speaker 2: They're being wound down. But that didn't look like they 535 00:27:40,119 --> 00:27:42,359 Speaker 2: were very busy or active anyway, did they. 536 00:27:43,119 --> 00:27:46,280 Speaker 12: No, But interesting they're being shut down. Yeah, she's the 537 00:27:46,520 --> 00:27:50,560 Speaker 12: director of all six businesses. Not really very clear about 538 00:27:50,560 --> 00:27:52,480 Speaker 12: what they did, but you said, I mean, they're all 539 00:27:52,560 --> 00:27:56,760 Speaker 12: pretty much dormant. None appear to be commercially active really, 540 00:27:57,400 --> 00:28:00,720 Speaker 12: And it is said that of the six, one is 541 00:28:00,760 --> 00:28:03,440 Speaker 12: to do with retail, another is to do with marketing 542 00:28:03,480 --> 00:28:06,600 Speaker 12: and pr. There are other companies that she's a director 543 00:28:06,640 --> 00:28:09,120 Speaker 12: of that she remains a director of. But of course, 544 00:28:09,160 --> 00:28:12,160 Speaker 12: late last year, all of a sudden, the word Duchess 545 00:28:12,200 --> 00:28:15,560 Speaker 12: disappeared from the entry into the company's house where the 546 00:28:16,119 --> 00:28:21,040 Speaker 12: businesses are registered, as she lost yet more faith from 547 00:28:21,080 --> 00:28:23,520 Speaker 12: the royal family with the stripping of those titles. 548 00:28:23,600 --> 00:28:25,360 Speaker 2: All right, I appreciate your time this one and Gavin 549 00:28:25,359 --> 00:28:27,560 Speaker 2: Gray are UK Europe corresponding to living away. 550 00:28:27,359 --> 00:28:29,000 Speaker 1: From six Bryan Bridge. 551 00:28:29,160 --> 00:28:32,120 Speaker 2: We've got this thirty infracom report, the Infratructure Commission Report. 552 00:28:32,160 --> 00:28:34,800 Speaker 2: There we can spend fifty five to seventy billion less 553 00:28:35,040 --> 00:28:38,160 Speaker 2: on roads. Your rons might be under threat, double spending 554 00:28:38,200 --> 00:28:41,160 Speaker 2: on hospitals because we're getting older, one hundred billion more 555 00:28:41,200 --> 00:28:43,040 Speaker 2: on energy and how do you pay for it? Well, 556 00:28:43,120 --> 00:28:46,000 Speaker 2: more user pays, including potentially a toll on the Auckland 557 00:28:46,040 --> 00:28:46,840 Speaker 2: Harbor Bridge. 558 00:28:47,040 --> 00:28:50,360 Speaker 13: The additional harbor crossing is in theory approject that can 559 00:28:50,440 --> 00:28:53,160 Speaker 13: wash us on face financially because of two hundred thousand people. 560 00:28:53,000 --> 00:28:55,800 Speaker 2: Went across the heart of bridging. Ellen Pollard Civil Contractors, 561 00:28:55,800 --> 00:28:58,000 Speaker 2: New Zealand Chief is with us this morning. Hey Ellen, 562 00:28:58,880 --> 00:29:01,120 Speaker 2: all right, hell are you good? Thank you? Do you 563 00:29:01,200 --> 00:29:03,920 Speaker 2: use it well? First of all, good, good idea good plan? 564 00:29:04,320 --> 00:29:04,840 Speaker 2: You like it? 565 00:29:05,840 --> 00:29:06,040 Speaker 7: Yeah? 566 00:29:06,080 --> 00:29:08,320 Speaker 8: Look, I think it's a real honest assessment of the 567 00:29:08,440 --> 00:29:11,800 Speaker 8: real challenges we faced with our infrastructure program in New Zealand. 568 00:29:12,360 --> 00:29:14,880 Speaker 8: It reflects a lot of the things we've been advocating 569 00:29:14,960 --> 00:29:18,240 Speaker 8: for for some time. The need for a very clear, consistent, 570 00:29:18,320 --> 00:29:21,480 Speaker 8: funded pipeline of work, the fact that we need to 571 00:29:21,520 --> 00:29:24,640 Speaker 8: rebuild our capacity and capability. We are deliver it so 572 00:29:24,680 --> 00:29:26,960 Speaker 8: it has to have a long term vision and the 573 00:29:27,040 --> 00:29:29,360 Speaker 8: need to remove a lot of these regulatory barriers that 574 00:29:29,400 --> 00:29:32,120 Speaker 8: we've faced historically. Say, I think it's a very good, 575 00:29:32,120 --> 00:29:33,200 Speaker 8: open honest assessment. 576 00:29:33,440 --> 00:29:36,120 Speaker 2: Good but a lot of the problem with the projects 577 00:29:36,120 --> 00:29:37,560 Speaker 2: that we've had in the past is they stay on 578 00:29:37,640 --> 00:29:40,560 Speaker 2: paper too long and don't actually happen. So to make 579 00:29:40,640 --> 00:29:42,640 Speaker 2: this work, we need to get all the polleys on. 580 00:29:42,640 --> 00:29:46,040 Speaker 8: Board right absolutely, and they look to be fair. I 581 00:29:46,080 --> 00:29:48,440 Speaker 8: often have people tell me that's never going to happen, 582 00:29:48,480 --> 00:29:49,320 Speaker 8: but you know. 583 00:29:49,280 --> 00:29:51,240 Speaker 6: The reality is we don't have the choice. 584 00:29:51,320 --> 00:29:53,480 Speaker 8: You know, for the sake of our communities, whether it's 585 00:29:53,520 --> 00:29:56,240 Speaker 8: water or transport of resilience, we have to take a 586 00:29:56,280 --> 00:29:59,440 Speaker 8: long term view. And for our industry, we've got to 587 00:29:59,480 --> 00:30:01,360 Speaker 8: have certain to you, that's the only way that we 588 00:30:01,400 --> 00:30:04,560 Speaker 8: can have confidence to invest in our people, our plant, 589 00:30:04,760 --> 00:30:08,360 Speaker 8: our technology and so on. So there's canceled culture that's 590 00:30:08,400 --> 00:30:10,480 Speaker 8: sort of been a part of change in government, so 591 00:30:10,560 --> 00:30:12,160 Speaker 8: that many decades just has to stop. 592 00:30:12,280 --> 00:30:14,200 Speaker 2: You know, we talk about the Auckland Harbor Bridge. I 593 00:30:14,200 --> 00:30:15,960 Speaker 2: was reading the other day about a bridge and wangan 594 00:30:16,120 --> 00:30:18,560 Speaker 2: We don't need to build to get across the Wanganui River. 595 00:30:18,960 --> 00:30:21,920 Speaker 2: It's going to cost about seventy million dollars. Do we 596 00:30:21,960 --> 00:30:25,040 Speaker 2: need to toll everything to make it? 597 00:30:25,440 --> 00:30:25,800 Speaker 7: To make it? 598 00:30:27,200 --> 00:30:27,400 Speaker 11: Yeah? 599 00:30:27,520 --> 00:30:29,800 Speaker 8: I think what the plan's clearly shows is that we've 600 00:30:29,840 --> 00:30:32,840 Speaker 8: got this massive need for infrastructure, two hundred and seventy 601 00:30:32,840 --> 00:30:35,840 Speaker 8: five billion sitting at the pipeline, lots of protests, not 602 00:30:35,960 --> 00:30:38,680 Speaker 8: enough money. So you know, we have a very small 603 00:30:38,720 --> 00:30:41,680 Speaker 8: taxpayer base to fund our national infrastructure. We've got a 604 00:30:41,760 --> 00:30:45,200 Speaker 8: very small ratepayer base to fund our regional infrastructure. So 605 00:30:45,280 --> 00:30:48,320 Speaker 8: we have to do things differently, and that means not 606 00:30:48,440 --> 00:30:50,760 Speaker 8: just the idea of user pays tolls and so on, 607 00:30:50,840 --> 00:30:53,800 Speaker 8: but a more private investment. There's a lot of international 608 00:30:54,200 --> 00:30:58,320 Speaker 8: pension funds that are interested in investment and public private partnerships 609 00:30:58,320 --> 00:31:01,160 Speaker 8: as well. We can't continue to rely on taxpayers and 610 00:31:01,240 --> 00:31:02,560 Speaker 8: ratepayers to hunder. 611 00:31:02,600 --> 00:31:04,360 Speaker 2: How do we stop the cost blowout? 612 00:31:06,320 --> 00:31:09,160 Speaker 8: Look, I think there's a number of things. Having a 613 00:31:09,200 --> 00:31:12,040 Speaker 8: clear pipeline allows us to look at more efficiencies in 614 00:31:12,160 --> 00:31:16,400 Speaker 8: the delivery sector, making sure that we have a good 615 00:31:16,480 --> 00:31:20,160 Speaker 8: sustainable workforce. One of the reasons that costs do increase 616 00:31:20,280 --> 00:31:22,480 Speaker 8: is because, as we face right now, we have a 617 00:31:22,560 --> 00:31:26,760 Speaker 8: labor shortage and so inevitably the price of labor goes up. 618 00:31:27,480 --> 00:31:32,960 Speaker 8: But having really efficient consenting our systems is really important too. 619 00:31:33,040 --> 00:31:35,880 Speaker 8: And as a report notes, you know consenting costs of 620 00:31:36,200 --> 00:31:38,400 Speaker 8: cost of Skyrocket that there are over five or six 621 00:31:38,440 --> 00:31:42,200 Speaker 8: percent of a project costs. It's about one point three 622 00:31:42,280 --> 00:31:44,400 Speaker 8: billion a year and that loan. So all of these 623 00:31:44,440 --> 00:31:47,640 Speaker 8: things together can bring more efficiency to project delivery. 624 00:31:47,840 --> 00:31:50,960 Speaker 2: Alan like your stuff. Alan Pollard, Civil Contractors in New Zealand, 625 00:31:51,000 --> 00:31:53,400 Speaker 2: Chief for us this morning, just gone eight away from 626 00:31:53,480 --> 00:31:56,160 Speaker 2: six on News Talks that b on. 627 00:31:56,080 --> 00:32:00,200 Speaker 1: Your radio and online on iheard radio early edition with 628 00:32:00,440 --> 00:32:04,280 Speaker 1: Ryan Bridge and one roof love where you live News 629 00:32:04,320 --> 00:32:05,040 Speaker 1: talk said. 630 00:32:04,800 --> 00:32:08,160 Speaker 2: Be news Talks. Hea'd be five away from six. Everyone 631 00:32:08,200 --> 00:32:10,479 Speaker 2: who has text the show this morning, who is in 632 00:32:10,520 --> 00:32:13,560 Speaker 2: favor of a nine dollars toll? Just a suggestion over 633 00:32:13,600 --> 00:32:15,600 Speaker 2: the harbor bridge in Auckland or a harbor bridge in 634 00:32:15,640 --> 00:32:19,000 Speaker 2: Auckland is not from Auckland, I said, yeah, I'm going 635 00:32:19,000 --> 00:32:21,800 Speaker 2: there every five years. Wouldn't mind paying that at all? 636 00:32:23,720 --> 00:32:25,480 Speaker 2: Might that's good morning, Mike morning. 637 00:32:25,880 --> 00:32:27,960 Speaker 13: Quick question just to help me out. I'm assuming it's 638 00:32:28,000 --> 00:32:29,920 Speaker 13: one way, because no one explained that, so it is one. 639 00:32:29,960 --> 00:32:32,880 Speaker 2: I've read the report. It doesn't say specifically. 640 00:32:32,440 --> 00:32:34,240 Speaker 13: Yeah, I didn't bend so either, but they can't do 641 00:32:34,320 --> 00:32:36,840 Speaker 13: eighteen dollars come. I mean, well, no, I think it's 642 00:32:36,840 --> 00:32:39,120 Speaker 13: a ruinous What it does, I'll tell you what it 643 00:32:39,160 --> 00:32:41,560 Speaker 13: does do. I mean forget whether we'd paid or not. 644 00:32:42,000 --> 00:32:44,440 Speaker 13: What it does do is because it's based you realize 645 00:32:44,480 --> 00:32:48,640 Speaker 13: on the original thing, all those pla So it's the 646 00:32:48,680 --> 00:32:51,880 Speaker 13: real cost of what we face. So you can moan 647 00:32:51,920 --> 00:32:52,480 Speaker 13: all you want. 648 00:32:52,680 --> 00:32:54,800 Speaker 2: You need to get across an ocean one hundred percent 649 00:32:54,960 --> 00:32:57,400 Speaker 2: and how much it costs, I agree with you. And 650 00:32:57,440 --> 00:32:59,840 Speaker 2: also they will have other options. So if you can't 651 00:33:00,040 --> 00:33:01,480 Speaker 2: for it, you can get a bus or a train. 652 00:33:01,640 --> 00:33:03,680 Speaker 13: Well, that's that's always been the way, hasn't It's been there. 653 00:33:03,680 --> 00:33:05,520 Speaker 13: If you don't want to pay, you can go another way. 654 00:33:05,520 --> 00:33:07,360 Speaker 13: The other thing is it's two hundred and thirty seven 655 00:33:07,400 --> 00:33:08,920 Speaker 13: thousand dollars for each in every one of us. 656 00:33:09,080 --> 00:33:09,760 Speaker 2: Yes, what we are. 657 00:33:09,960 --> 00:33:11,400 Speaker 13: So if I went to you and said there's a 658 00:33:11,480 --> 00:33:13,880 Speaker 13: quarter million dollars, you are yours and i'll pay mine 659 00:33:13,960 --> 00:33:16,960 Speaker 13: where you know that's it just gives you an indication. 660 00:33:16,720 --> 00:33:19,040 Speaker 2: Of how big the problem is, how third. 661 00:33:18,840 --> 00:33:21,640 Speaker 13: Will this nation really is, And that's the depression. 662 00:33:21,240 --> 00:33:23,200 Speaker 2: And we'll have to use it pays our way out 663 00:33:23,200 --> 00:33:25,800 Speaker 2: of it. Will at least you know what you're getting. 664 00:33:26,000 --> 00:33:27,959 Speaker 2: You know, that's the thing about us that pays. At 665 00:33:28,040 --> 00:33:31,520 Speaker 2: least you understand, you can comprehend under this is what it's. 666 00:33:31,920 --> 00:33:33,640 Speaker 13: The next problem though, is I think back to the 667 00:33:33,680 --> 00:33:36,560 Speaker 13: Labor government and that that dominion road like rail Bollocks 668 00:33:36,600 --> 00:33:37,560 Speaker 13: where they spent millions of. 669 00:33:37,560 --> 00:33:40,160 Speaker 2: The cycle bridge. You need you need a. 670 00:33:40,240 --> 00:33:42,640 Speaker 13: Law in some countries have it where you lock in 671 00:33:42,680 --> 00:33:45,640 Speaker 13: a decision and it's beyond government. In other words, so 672 00:33:45,680 --> 00:33:47,520 Speaker 13: you make a decision, you lock it in law and 673 00:33:47,600 --> 00:33:48,360 Speaker 13: you are committed. 674 00:33:48,640 --> 00:33:52,479 Speaker 2: That's its problem. Yesterday Chippy already says no, the rons 675 00:33:52,600 --> 00:33:56,720 Speaker 2: are too much, and you know bishops saying when that 676 00:33:56,840 --> 00:33:59,360 Speaker 2: was still doing the rons. Yeah, so they're never going 677 00:33:59,360 --> 00:33:59,680 Speaker 2: to agree. 678 00:34:00,200 --> 00:34:02,200 Speaker 13: And that's that's the problem with politics. You need actual 679 00:34:02,240 --> 00:34:05,040 Speaker 13: experts to run these things. Get it beyond government, Get 680 00:34:05,080 --> 00:34:07,240 Speaker 13: experts and get and get on them. Anyway, we'll be 681 00:34:07,280 --> 00:34:09,560 Speaker 13: talking about that obviously this morning. And the chairman of 682 00:34:09,840 --> 00:34:10,840 Speaker 13: Knitball New Zealand. 683 00:34:11,719 --> 00:34:14,719 Speaker 2: Yeah, he's will us, he's quick, he's gone all right, 684 00:34:14,760 --> 00:34:16,640 Speaker 2: looking forward to it, Mike with you next you're on 685 00:34:16,719 --> 00:34:18,160 Speaker 2: news Talk seb Seem. 686 00:34:18,360 --> 00:34:24,000 Speaker 1: Money Many for more from early edition with Ryan Bridge. 687 00:34:24,040 --> 00:34:27,480 Speaker 1: Listen live to News Talk s B from five am weekdays, 688 00:34:27,760 --> 00:34:29,800 Speaker 1: or follow the podcast on iHeartRadio