1 00:00:00,640 --> 00:00:04,560 Speaker 1: International Correspondence with Ends and Eye Insurance, Peace of Mind 2 00:00:04,559 --> 00:00:08,719 Speaker 1: for New Zealand Business Murray Old Dozzy Correspondence with that's 3 00:00:08,760 --> 00:00:11,760 Speaker 1: Ams got a head? Maybe you have to learn to you? Yeah? 4 00:00:11,840 --> 00:00:15,160 Speaker 1: You following this Rupert Murdoch succession drama, Oh, I think 5 00:00:15,160 --> 00:00:18,720 Speaker 1: everybody in the Australian media landscape is. I mean, he's 6 00:00:18,760 --> 00:00:21,960 Speaker 1: known as the dirty digger born in Australia. But of course, 7 00:00:22,360 --> 00:00:25,880 Speaker 1: and you know he inherited News Corp Australia in nineteen 8 00:00:25,960 --> 00:00:29,159 Speaker 1: fifty two on the Debber's dad, Sir Keith Murdoch. It 9 00:00:29,240 --> 00:00:31,560 Speaker 1: was a small business then, only had a couple of 10 00:00:31,560 --> 00:00:36,000 Speaker 1: three newspapers. He started in La but obviously he had 11 00:00:36,040 --> 00:00:39,720 Speaker 1: ambitions far beyond Australia. He moved to the States decades ago. 12 00:00:39,840 --> 00:00:43,320 Speaker 1: And now of course his business, his business empire is 13 00:00:43,360 --> 00:00:47,880 Speaker 1: worth tens of billions of dollars now. Some years ago 14 00:00:48,320 --> 00:00:52,519 Speaker 1: and the New York Times broke the story. Australians like ossies' 15 00:00:52,520 --> 00:00:56,360 Speaker 1: who do well. But Rupert Murdoch at ninety three much married, 16 00:00:56,440 --> 00:00:59,400 Speaker 1: just got married again a minute ago. It's just like 17 00:00:59,480 --> 00:01:03,560 Speaker 1: it's playing out now, this family succession drama. It's just 18 00:01:03,600 --> 00:01:06,839 Speaker 1: like a television show now He's got four children, each 19 00:01:06,880 --> 00:01:09,640 Speaker 1: of whom signed up along with Rupert to what they 20 00:01:09,640 --> 00:01:13,959 Speaker 1: were calling an irrevocable family trust, and on Rupert Murdoch's death, 21 00:01:14,000 --> 00:01:18,640 Speaker 1: the four children would equally inherit the business. But now 22 00:01:18,760 --> 00:01:22,400 Speaker 1: Murdoch wants to change the terms of the trust to 23 00:01:22,440 --> 00:01:26,679 Speaker 1: give Lochlan Murdock, his oldest son and apparently the most 24 00:01:26,720 --> 00:01:31,360 Speaker 1: conservative of the four children, control of the company for 25 00:01:31,440 --> 00:01:35,960 Speaker 1: Rupert beyond the grave. Rupert is making the argument in 26 00:01:36,000 --> 00:01:40,920 Speaker 1: a court in Nevada in the United States that the 27 00:01:41,000 --> 00:01:44,640 Speaker 1: possibility of great damage being done to his business empire 28 00:01:45,640 --> 00:01:50,160 Speaker 1: could occur if it's a three on one split between 29 00:01:50,200 --> 00:01:52,920 Speaker 1: the children. In terms of the future direction of the company. 30 00:01:53,200 --> 00:01:58,760 Speaker 1: He's worried the three lefties, if you like, Lachlan's brother 31 00:01:58,840 --> 00:02:02,440 Speaker 1: and his two sisters, will alter the direction of his company. 32 00:02:02,480 --> 00:02:06,000 Speaker 1: He's made billions by being a conservative force in the media. 33 00:02:06,400 --> 00:02:09,680 Speaker 1: He wants that to continue. It's all behind closed doors, 34 00:02:09,720 --> 00:02:11,600 Speaker 1: but there's going to be bits and pieces coming out, 35 00:02:11,800 --> 00:02:15,760 Speaker 1: and ossie media types are fascinated. Does he still get 36 00:02:15,760 --> 00:02:19,040 Speaker 1: on with the other three who are challenging him on this? Look, yeah, 37 00:02:19,880 --> 00:02:22,680 Speaker 1: I don't know. I mean, it wasn't so long ago. 38 00:02:22,760 --> 00:02:26,200 Speaker 1: That Lachlan and his brother James were pretty were pretty 39 00:02:26,200 --> 00:02:28,519 Speaker 1: close and mean they were in business together. But in 40 00:02:28,639 --> 00:02:31,840 Speaker 1: more recent times he's quit the company James and Lochlan 41 00:02:31,919 --> 00:02:35,320 Speaker 1: now has taken over. I just forget Heather exactly what 42 00:02:35,440 --> 00:02:38,600 Speaker 1: his title is, but it's I mean, he is the 43 00:02:38,600 --> 00:02:42,160 Speaker 1: big He's the big ginn on the on the Murdoch 44 00:02:42,840 --> 00:02:45,440 Speaker 1: mediate landscape. There's no doubt about that. That's exactly the 45 00:02:45,480 --> 00:02:48,480 Speaker 1: way Ruben wants it to stay. Interesting stuff. Hey, okay, 46 00:02:48,480 --> 00:02:50,919 Speaker 1: so talk to me about these parking law changes. Why 47 00:02:50,960 --> 00:02:52,519 Speaker 1: do these guys, I mean, I love it, but why 48 00:02:52,560 --> 00:02:53,960 Speaker 1: do they have to get out of the car and 49 00:02:54,000 --> 00:02:57,840 Speaker 1: write out the tickets? Because you and I look, everyone 50 00:02:57,880 --> 00:03:00,320 Speaker 1: gets a parking ticket from time to time, right, But 51 00:03:00,400 --> 00:03:04,120 Speaker 1: here's the thing over here. You get a parking ticket 52 00:03:04,440 --> 00:03:07,000 Speaker 1: in the last five, six, ten years, whenever it's in 53 00:03:07,000 --> 00:03:09,840 Speaker 1: New South Wales, and you don't get that ticket for 54 00:03:09,880 --> 00:03:13,120 Speaker 1: three or four weeks. It arrives in the mail. Now, 55 00:03:13,280 --> 00:03:15,120 Speaker 1: in that three or four weeks you've got about your 56 00:03:15,120 --> 00:03:18,360 Speaker 1: business might have gone overseas. Any number of things can happen, 57 00:03:18,360 --> 00:03:20,680 Speaker 1: but basically what's happened When it arrives in the mail. 58 00:03:20,880 --> 00:03:22,960 Speaker 1: You run out of time to make a complaint and 59 00:03:23,040 --> 00:03:25,680 Speaker 1: try and challenge the issuing of that ticket. You might 60 00:03:25,720 --> 00:03:29,320 Speaker 1: have had open heart surgery. You have to hop from 61 00:03:29,360 --> 00:03:32,280 Speaker 1: your car, and the state government says, listen, this is 62 00:03:32,480 --> 00:03:36,040 Speaker 1: dramatically unfair. And by the way, you rotten councils, I 63 00:03:36,040 --> 00:03:38,680 Speaker 1: mean councils supposed to be according to the critics about 64 00:03:38,760 --> 00:03:41,680 Speaker 1: roads rates and rubbish, and get your hands out of 65 00:03:42,280 --> 00:03:44,880 Speaker 1: your hands out of our pockets. Councils are the ones 66 00:03:44,920 --> 00:03:47,640 Speaker 1: that collect the money. And haven't they been having a 67 00:03:47,640 --> 00:03:50,720 Speaker 1: feast last twelve months one hundred and fifty five million 68 00:03:50,760 --> 00:03:54,080 Speaker 1: dollars in parking fines and we got these fines in 69 00:03:54,120 --> 00:03:56,880 Speaker 1: the mail weeks later. The state government saysn't and if 70 00:03:56,880 --> 00:03:58,640 Speaker 1: it's not fair, you're going to have to get out 71 00:03:58,640 --> 00:04:02,040 Speaker 1: and do it. Currently, parking rangers are simply driving down 72 00:04:02,080 --> 00:04:04,160 Speaker 1: the streets with a GoPro strapped to the front of 73 00:04:04,160 --> 00:04:08,000 Speaker 1: their car, pinging people left, right and center, and in 74 00:04:08,120 --> 00:04:12,240 Speaker 1: known traffic parking hotspots. They're just going down there having 75 00:04:12,280 --> 00:04:16,000 Speaker 1: a feast before morning tea rat bags. Get out of 76 00:04:16,000 --> 00:04:17,920 Speaker 1: your car, give us the ticket and we'll challenge it 77 00:04:17,960 --> 00:04:20,159 Speaker 1: if we think it's unfair. That's right. Work for your money, 78 00:04:20,320 --> 00:04:23,400 Speaker 1: Walk for your money, get your ten thousand steps, love it, muzz, 79 00:04:23,520 --> 00:04:26,000 Speaker 1: thank you off mar Right, jeez, we could do with 80 00:04:26,040 --> 00:04:27,919 Speaker 1: a bit of that here, couldn't we. Marry Old Zossie 81 00:04:27,960 --> 00:04:32,240 Speaker 1: corresponding For more from Heather Duplessy Allen Drive. Listen live 82 00:04:32,360 --> 00:04:35,240 Speaker 1: to news talks the'd Be from four pm weekdays, or 83 00:04:35,279 --> 00:04:37,360 Speaker 1: follow the podcast on iHeartRadio.