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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 1: news talk.

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Speaker 2: Said, be Hey, good afternoon.

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Speaker 3: Coming up today, Shane Jones has some pretty koky ideas

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Speaker 3: for how to deal with the energy crisis. We're going

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Speaker 3: to talk to the actual energy minister Simme and Brown

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Speaker 3: after five more resistance to maths. What a surprise. The

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Speaker 3: Teacher Education Forum is now upset that future teachers will

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Speaker 3: have to have level two maths and all Birds is

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Speaker 3: having a tough old time. Will talk to Devin Funds, Greg.

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Speaker 4: Smith, Heather Dullen Well.

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Speaker 3: Inevitably, the Assies have now picked up on the slur

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Speaker 3: from Chris Luxen where he said when talking to Ossies,

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Speaker 3: it pays to be incredibly simple. And you know, good

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Speaker 3: thing is they seem to be taking it largely in

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Speaker 3: the spirit that it's intended, which is just a bit

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Speaker 3: of humor. And it also means Luxeon's play has worked,

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Speaker 3: which is that by having a crack at the Aussies,

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Speaker 3: what he was doing was distracting us from the actual issue,

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Speaker 3: which is Paul Goldsmith taking Marty words out of the

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Speaker 3: Mattaki invitation and as I say, it's largely worked. But look,

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Speaker 3: let's get to the heart of this actual issue. Right,

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Speaker 3: This actually was a dumb thing for Paul Goldsmith to do.

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Speaker 3: I mean, look, I guess why he might have done it.

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Speaker 3: I get he might want an invitation from him to

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Speaker 3: be authentic to him. And if he doesn't make a

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Speaker 3: habit of going around using Mary words in a tokenistic

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Speaker 3: fashion to show off his inclusivity credentials, then sure he

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Speaker 3: might want to take Terrell out of the invitation and

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Speaker 3: replace it with English. And that's fair enough. But Paul

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Speaker 3: Goldsmith is not an individual. He's a government minister and

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Speaker 3: he's going to have to start being a little smarter

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Speaker 3: and more strategic about this, because this government doesn't need

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Speaker 3: a petty issue like this on race relations to deal with,

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Speaker 3: because it's got enough going on as it is. A

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Speaker 3: lot of what the government is doing on race relations

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Speaker 3: is worthy and does need to be done. Repealing the

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Speaker 3: Maori wards, tidying up the Treaty principles, halting the co governance,

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Speaker 3: putting an end to certain ethnicities getting priority surgery, and

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Speaker 3: this stuff they can defend really easily on democratic and

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Speaker 3: equal rights grounds, right, But when Paul Goldsmith does something

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Speaker 3: like taking more words out of an invitation, Although it

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Speaker 3: may be true to his way of speaking, what he

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Speaker 3: does is he makes this democratic and equal rights reset

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Speaker 3: for some people just look like an anti Mahory thing.

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Speaker 5: Now.

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Speaker 3: To be fair to him, he's not the only minister

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Speaker 3: who's been caught fighting petty battles over language like this.

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Speaker 3: He is just the latest minister to be busted doing it.

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Speaker 3: But it would pay for these guys next time they

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Speaker 3: want to do something like take Marty words out of

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Speaker 3: a document, to really think about whether that, if leaked,

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Speaker 3: is something that they want to add to the government's

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Speaker 3: race relations agenda, because there is a very fine line

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Speaker 3: between appearing to be four equal rights and appearing to

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Speaker 3: be just anti everything, Mary, and frankly, there are much

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Speaker 3: more important things going on in this country right now,

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Speaker 3: and energy crisis, a possible recession, a massive problem in health.

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Speaker 3: Just to give you a few but what are we

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Speaker 3: talking about? What are we going to remember from this

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Speaker 3: week Paul Goldsmith's invitation?

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Speaker 4: Did ever do for see? Ellen?

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Speaker 5: Well, you're welcome to.

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Speaker 3: Let me know what you think. Nine two nine two

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Speaker 3: is the text? Understand a text? Aply listen the Minnesopa

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Speaker 3: Children has just put aud on a tamadiki on a

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Speaker 3: performance plan. She's written to the chief executive laying out

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Speaker 3: five new measures that she expects to be reported on

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Speaker 3: every single quarter. Karen Shaw, obviously is the Minister for Children.

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Speaker 3: Hey Karen, Hi, how's it going good? Thank you?

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Speaker 4: Now.

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Speaker 3: The first thing that you want to know is what

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Speaker 3: percentage of children in care have been checked on by

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Speaker 3: their social worker at least once in the last two months?

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Speaker 3: Is this not happening to one hundred percent of them?

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Speaker 6: What we'd gather from the Independent Children's Monitor reports is

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Speaker 6: this has not been happening. Unfortunately, those reports only come

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Speaker 6: out yearly, and we're actually being reactive instead of proactive.

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Speaker 6: So I'm going to make sure that we get these

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Speaker 6: quarterly reports so we can see it in real time

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Speaker 6: and actually make sure we're improving things.

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Speaker 3: So what percentage of kids are actually getting checked on

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Speaker 3: every couple of months?

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Speaker 6: From what I can remember, it was a very low number. Sorry,

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Speaker 6: I don't have that right in front of me, but

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Speaker 6: it was an unacceptable number and I brought it up

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Speaker 6: quite a lot while I was an opposition and it

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Speaker 6: never improved. So I want to make sure that we're

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Speaker 6: actually citing these young people and making sure they're safe.

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Speaker 3: I mean, is this not exactly the kind of thing

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Speaker 3: that should be done to make sure that kids who

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Speaker 3: are in care are not being abused and mistreated in

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Speaker 3: the way that we've just found out through the inquiry.

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Speaker 6: Absolutely, and that's why I am making sure that this

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Speaker 6: is one of my number one priorities, citing young people

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Speaker 6: and making sure that they're safe.

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Speaker 3: Yeah, So what's OT's problem? Do they just not want

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Speaker 3: to do it? Or are they under resource they don't

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Speaker 3: think it's important? What's up?

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Speaker 6: I think it's a bit a bit of each of

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Speaker 6: what you've spoken about, and that's why I'm making sure

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Speaker 6: that we're resourcing the front line better so that they

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Speaker 6: are able to do these basic things that should be

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Speaker 6: getting done.

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Speaker 3: Okay, Now, the second thing you want to know is

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Speaker 3: around reports of concern? Right, you want to know how

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Speaker 3: many critical reports are handled within twenty four hours? What

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Speaker 3: do you reckon that number?

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Speaker 7: Is?

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Speaker 6: There are thousands of reports of concern, but we have

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Speaker 6: not been meeting the expectation of the time frames. And

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Speaker 6: this also bleeds into are we actually citing the young.

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Speaker 8: People with critical reports of concern?

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Speaker 6: So those two numbers will be very critical to make

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Speaker 6: sure that we are making sure that these young people

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Speaker 6: are safe in the homes that we are putting them

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Speaker 6: in as well.

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Speaker 3: Yeah, now the critical are we talking when we talk

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Speaker 3: about critical reports of concern? Are we talking about the

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Speaker 3: kind of report that you did before a child is

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Speaker 3: bashed to death by its parents? Is that what we're

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Speaker 3: talking about here?

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Speaker 9: Yeah?

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Speaker 6: Critical would be a situation or we're a young person

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Speaker 6: we know would be an immediate danger. Would that be

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Speaker 6: through a domestic violence called out from police? It could

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Speaker 6: be from neighbors who have stated that they're seeing something

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Speaker 6: really really wrong in that place. That is critical, where

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Speaker 6: we know a young person is an immediate danger.

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Speaker 3: And again OT is getting this and not dealing with

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Speaker 3: the critical things, not not everything, but not with the

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Speaker 3: critical things within a day.

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Speaker 6: I don't think we actually have the true data on that.

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Speaker 6: We have bits and pieces, but not the true data.

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Speaker 6: And that's why I want to see the true, real

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Speaker 6: data to make sure that we're actually getting that right.

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Speaker 3: I see that you've said that there are some charities

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Speaker 3: who are dealers who are treating OT as a cash cow.

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Speaker 3: Which charities are you talking about?

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Speaker 6: If you refer to the press release from Autonotominiki. There

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Speaker 6: are a couple in there where the bunds delivered, but

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Speaker 6: there's also some where we're still negotiating around clawbacks and

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Speaker 6: making sure that we do get that money back. I'm

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Speaker 6: not going to be naming and shaming different organizations, but

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Speaker 6: what I am going to be saying is this will

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Speaker 6: no longer be happening. If you don't provide a service,

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Speaker 6: you don't get to keep the money you give them

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Speaker 6: money back.

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Speaker 3: Does this press release actually name and shame.

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Speaker 6: It just responds to some who have been in the

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Speaker 6: media and gives an explanation of why their funding may

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Speaker 6: have been been decreased, or just because when you go

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Speaker 6: out to the media and you talk about something, we

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Speaker 6: need to make sure that the facts are correct.

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Speaker 3: Okay, So, Karen, are you telling me that if I

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Speaker 3: go and look at that press release, it's going to

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Speaker 3: have some names in there, and those names are in

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Speaker 3: some cases treating it like a cash cow.

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Speaker 6: Well not specifically those organizations treating it like a cash cow,

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Speaker 6: But what I mean is, if you're under delivering and

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Speaker 6: you're not providing a service. In the past, you have

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Speaker 6: not had to give that madeback. We are now making

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Speaker 6: sure that that money comes back.

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Speaker 3: Why don't you say these people, I mean these people,

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Speaker 3: you are getting absolute grief at the moment from these

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Speaker 3: charities and they are heaping all kinds of criticism on OT.

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Speaker 3: Why don't you just name them.

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Speaker 6: Some of the decisions that have been made for modern automitiki.

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Speaker 6: There are many, many organizations. I don't specifically know the

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Speaker 6: names of each individual organization. Those are operational matters. But

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Speaker 6: what I have been told that there is a group

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Speaker 6: of organizations that have been growing big surpluses of savings

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Speaker 6: from army and now we're asking for it back.

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Speaker 3: All right, Hey, Karen, thank you very much. I'm I'm

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Speaker 3: going to dig out that press release as soon as

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Speaker 3: soon as we possibly can. See what's going on here,

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Speaker 3: Karen Shaw, the Minister for Children, quarter.

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Speaker 4: Past digging deeper into the day's headlines.

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Speaker 1: It's Heather Duplicy Alan Drive with one New Zealand one

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Speaker 1: giant Leap for business U Stalks.

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Speaker 3: That'd be Darcy water grade sports talkhosters with me.

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Speaker 10: Hey, Dars, we're both trying to read the Olympic program,

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Speaker 10: aren't I trying to work out what's on? Where Wyan

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Speaker 10: how so it's me in the middle of the night.

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Speaker 10: I've got ten of these in front of me, trying

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Speaker 10: to work out what I need to record now I

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Speaker 10: change and how many screens I've got gone Because it's

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Speaker 10: one o'clock.

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Speaker 3: The newists are out again tonight, aren't No I.

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Speaker 10: Can do kayak sprint K four five hundred Semi final

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Speaker 10: two is at ten to ten tonight. That's Clancy, like Garth,

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Speaker 10: Emery and Brown. And when it comes to Emory, I'm sorry,

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Speaker 10: not Emory and Brown. When it comes to Brown and Clancy.

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Speaker 11: They are the two blokes. Yeah, the C two five hundred.

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Speaker 10: Now they've got a B final at twenty past eleven tonight,

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Speaker 10: and there's a potential that the K four men and

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Speaker 10: the five hundred, well those guys still there, of course,

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Speaker 10: will be in the final.

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Speaker 3: At tat again. Quite well, okay, let's just get this right.

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Speaker 3: So the two canoeists who have apparently embarrassed the whole

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Speaker 3: nation are going to do their canoe semi final, no,

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Speaker 3: their kayak semifinal at ten to ten. Then they go

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Speaker 3: do the canoe final B final, yep B final. No

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Speaker 3: medals there, no no medals there. That's a twenty past eleven,

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Speaker 3: and then after that if they've made it into the

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Speaker 3: kayaking final, which dear God, I hope they have because

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Speaker 3: that's the whole point of being there. N they're doing

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Speaker 3: that at ten to twelve.

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Speaker 10: And that's a ten to twelve and so that's hard

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Speaker 10: on the heels of Carrington, Vaughan, bre and Hoskin, who

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Speaker 10: are going to be in the final of the K

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Speaker 10: four five hundred and four women pressure.

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Speaker 3: Much strategy question for you?

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Speaker 10: Well, all of my knowledge of canoe races.

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Speaker 12: Here we go.

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Speaker 3: Ok, strategy question. So, if they make it through the

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Speaker 3: K four semi final, which means that they have to

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Speaker 3: in the space of like half an hour, do a

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Speaker 3: C two B final, a canoeing B final and then

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Speaker 3: a kayaking final, do you just and you can't not

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Speaker 3: turn up for the canoeing, which you're crappy at. Do

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Speaker 3: you just start rowing and then tip the boat because

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Speaker 3: you want to conserve your energy?

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Speaker 10: And we could say that, I argue, if you want

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Speaker 10: to do doing this three months, we forgot how to

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Speaker 10: stay up in these things. We're really hard to stay out.

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Speaker 10: Dunk yourself and fall on either that will just lie down.

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Speaker 3: Yeah, then and then you can conserve you your arms

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Speaker 3: because you're going to need them in a half an hour.

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Speaker 10: Well, the way they row, I'm really not sure that

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Speaker 10: there's any energy expelled anyway, it's so slow.

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Speaker 3: Is it a second strategy around though?

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Speaker 10: That you're going to keep your motor running right, so

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Speaker 10: now you're getting a bit of a pedal keep you

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Speaker 10: from seizing.

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Speaker 3: A second strategy question. If they do not make it

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Speaker 3: through the semi final for the kayaking, and then they

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Speaker 3: know they're not going to make the final for the kayaking,

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Speaker 3: the only thing they've got left to do is the canoeing.

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Speaker 3: Do they just go hard?

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Speaker 10: Yeah, I'm surprising, but their technique is pants.

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Speaker 11: So yeah, that's very very difficult.

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Speaker 3: Okay, very difficult. Maybe they could redeem it.

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Speaker 10: They might, but I think we're all leaning on what

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Speaker 10: happens because if they can get to the K four final,

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Speaker 10: suddenly everything's okay, we saw your master plan.

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Speaker 11: We're all good with that.

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Speaker 3: Okay, I like it. I like it. Okay, what do

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Speaker 3: you think about Razor Squad?

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Speaker 10: It's good that team to come up against Argentina. We

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Speaker 10: have very sensible selections in the first couple of tests,

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Speaker 10: and now we're starting to stretch awey bit and he said,

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Speaker 10: you know, Rico, not entirely sure. If you really have sentus,

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Speaker 10: we'll just stick you on the bench and you can

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Speaker 10: cover wing and center if we need you. And Tom

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Speaker 10: jump in there and have a look. I like the

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Speaker 10: cut of your jib a little meata. I thought maybe

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Speaker 10: Procter might get a role in there. So I think

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Speaker 10: that's the biggest call.

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Speaker 11: Nice to see t J.

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Speaker 10: Bittenara back playing at home again.

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Speaker 11: I think that's good.

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Speaker 10: We've got very thin lockstocks, gottam of thin lockstocks. We

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Speaker 10: get blocks keep dropping out, so we've got I think

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Speaker 10: I'm wrong. Having eighteen test matches between the two starting

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Speaker 10: locks are not a great but I think the development

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Speaker 10: we're seeing here with Scott Robinson and his side and

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Speaker 10: what he's wanting out of these players, it can only

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Speaker 10: be good. So I think the Wellington crowd will be

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Speaker 10: But because they are the best results of recent times, I.

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Speaker 11: Heard they are still tickets available. Come on, Wellie, what

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Speaker 11: are you doing.

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Speaker 3: I mean they've had a whole bunch of people lose

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Speaker 3: their jobs in Wellington, haven't they. They're the hardest hit

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Speaker 3: aren't they? As Cozy lives a hitting them hard.

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Speaker 10: Well, you live down there, you'd know most of them

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Speaker 10: work for the government.

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Speaker 3: Don't they. I feel so yeah, yeah, okay, what about water,

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Speaker 3: grape sports?

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Speaker 13: Stock?

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Speaker 3: With that, more of this misery.

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Speaker 14: Were good?

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Speaker 10: Non blake Outa joins the show after seven.

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Speaker 4: Digging deeper into the day's headlines.

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Speaker 1: It's hither duper c Allen drive with one New Zealand

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Speaker 1: let's get connected and us talks.

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Speaker 3: That'd be twenty five past four.

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Speaker 15: Now.

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Speaker 3: I told you at the start of the program that

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Speaker 3: Shane jos has got some kookie ideas about how to

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Speaker 3: deal with the energy crisis. Not all of them are kookie.

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Speaker 3: One of them is that he wants to regulate. And

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Speaker 3: I'll get to the cookie stuff later, but one of

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Speaker 3: them is that he wants to regulate the gen Taylors.

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Speaker 3: These are the companies that generate electricity and then sell electricity.

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Speaker 3: The gent tailors he reckons not behaving competitively. He's not

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Speaker 3: happy about that. He wants to force them to behave competitively.

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Speaker 3: He's also had a crack directly at Meridian for paying

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Speaker 3: one hundred million dollars to the NITA who tried to

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Speaker 3: get a resource consent. He says he doesn't like that

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Speaker 3: type of behavior. Laura is Meridian speaking. No, what a

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Speaker 3: surprise anyway, So Simeon Brown, who is actually the Minister

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Speaker 3: for Energy, is going to be with us after five o'clock.

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Speaker 3: We'll have a chat Tam about that. How amazing have

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Speaker 3: you seen? Have you seen the effort that that Indian

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Speaker 3: olympian went to try to get her weight under the

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Speaker 3: right amount so that she could compete in the wrestling

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Speaker 3: This woman she was due to compete in the fifty

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Speaker 3: kg freestyle wrestling final overnight our time, right, so it

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Speaker 3: was basically going for gold. Unfortunately, so fifty kgs comes

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Speaker 3: in one hundred grams over. This is the night before

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Speaker 3: and she's got to compete the next morning. So what

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Speaker 3: she does overnight is she starts trying to drop weight, right,

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Speaker 3: stops drinking liquid. I don't know if she eats anything,

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Speaker 3: probably not. Probably tries to get the pose out, you know,

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Speaker 3: to like get everything going. Even went so far as

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Speaker 3: to cut her hair to try to get her weight off.

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Speaker 3: Still though it didn't work, came in just a few

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Speaker 3: grams over the weight that was allowed, and she was

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Speaker 3: disqualified and so she cannot go for gold. And then

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Speaker 3: as a result of not drinking any water. She's hospitalized

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Speaker 3: for severe dehydration and they give her the intravenous flu

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Speaker 3: fluids and stuff. She's fine now, but obviously gutted because

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Speaker 3: because it might have been gold. But anyway, that them

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Speaker 3: are the rules, and unfortunately these kinds of things happen. Heither,

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Speaker 3: I disagree. Why would you send an invitation with Maori

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Speaker 3: words when you're sending it to an English speaking Australianhither,

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Speaker 3: You're wrong. It is basic good manners to communicate in

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Speaker 3: the language the recipient understands. Heather, I can't say this

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Speaker 3: very often. Totally disagree with you, Heither, You and other

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Speaker 3: woke media are the only ones who feel the need

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Speaker 3: to talk. That's right, me woke, woke from wayback is

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Speaker 3: what they always say about me. That got their Heather,

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Speaker 3: she's so woke anyway. I had to go on an

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Speaker 3: Aussie radio station today to talk about this right and

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Speaker 3: defend Chris Luxen, and then afterwards we listened in for

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Speaker 3: a little bit to hear what they were saying. So

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Speaker 3: I've got you a little bit of that stuff to

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Speaker 3: play you as well. Bear with headlines are.

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Speaker 10: Next Plenty Nights on the Pink scales.

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Speaker 4: You taught them to enjoy the day's newsmakers.

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Speaker 1: Talk to Heather first, Heather duper c allan drive with

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Speaker 1: one New Zealand let's get connected and news talk z B.

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Speaker 3: Heather, get off your high horse. You sounded woke, apologized,

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Speaker 3: launch can excuse me? And please can you clip this

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Speaker 3: up for future use like we have got to We've

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Speaker 3: got to remember this day. I'm being accused of being woke.

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Speaker 3: This is how wonderful, how one. I mean, what a shock.

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Speaker 3: There are people in this world who will be shocked.

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Speaker 3: But thank you, I really appreciate that. I'm going to

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Speaker 3: get you across. The announcement from Simmy and Brown on

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Speaker 3: the water thing, it solves. It seems to at least

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Speaker 3: go some way to solving the problems that councils have

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Speaker 3: about how they're going to fundle the you know, the

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Speaker 3: water assets that they need to build in it now

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Speaker 3: that three Waters has gone and so on. Very excited

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Speaker 3: to tell you we now have a third bank calling

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Speaker 3: on the Reserve Bank to cut the rates next week.

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Speaker 3: It's ASB. The bank's economists say. Activity indicators have pointed

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Speaker 3: to the growing likelihood of another period of GDP contraction

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Speaker 3: a much softer outlook than the RB and Z. The

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Speaker 3: Reserve Bank of New Zealand had been anticipating the risk

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Speaker 3: of tight monetary policy overshooting has got real. We think

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Speaker 3: the time for the Reserve Bank to cut is now.

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Speaker 3: So that's ASB KEW Bank and B and Z I mean,

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Speaker 3: I'd prefer that. Like Frankly, the power of those three

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Speaker 3: combined to me is much greater than the power of

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Speaker 3: Adrian All but you know, he's ultimately in charge and

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Speaker 3: he does weird things, doesn't he. Twenty three away from five.

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Speaker 4: It's the world wires on us dogs drive well.

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Speaker 3: It's been a much carbon night than we expected. In

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Speaker 3: the UK. There have been no reports of anti immigration

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Speaker 3: riots or violence, but there were a number of left

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Speaker 3: wing counterprotests overnight our time, which were mostly peaceful. The

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Speaker 3: metropol And Police Commissioner says the cops will put an

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Speaker 3: end to any further unrest.

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Speaker 7: We've changed our tactics in the last couple of days,

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Speaker 7: so besides marsling more officers, we're brigading some of them

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Speaker 7: at key strategic locations across the country so that we

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Speaker 7: can respond with agility and show a whelming force, so

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Speaker 7: that the criminals and thigs on the streets don't succeed

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Speaker 7: Ozzie Prome.

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Speaker 3: Minister Elbow has responded to our own Prime Minister's joke

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Speaker 3: about Ossie's in Parliament yesterday. So Chris Luxon, this is

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Speaker 3: what he said when he was defending Paul Goldsmith's decision

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Speaker 3: to cut all the Marty words out of an invitation

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Speaker 3: to an Ossie cabinet minister.

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Speaker 11: And what I'd say to you.

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Speaker 2: In my dealings with the Australians, it's always pays to

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Speaker 2: be incredibly simple and clear and use English.

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Speaker 3: Here's what Albow thinks of that.

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Speaker 10: Christopher Luxen's a friend of mine, but I often think

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Speaker 10: that whilst we both speak English, sometimes we need interpreters

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Speaker 10: with the Kiwi accent. From time to time things can

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Speaker 10: be missed between.

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Speaker 3: Us and Lord it's rich coming from him with that accent.

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Speaker 11: Right.

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Speaker 3: And finally, a wallaby's been hanging out on a golf

400
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Speaker 3: course in England. A greenkeeper at oakme A golf course

401
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Speaker 3: spot of the Marsupial on one of the greens center

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Speaker 3: photo to a course official. The official assumed it was

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Speaker 3: a prank until a club member came ford and said

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Speaker 3: that's seen the wallaby around the course too. The club

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Speaker 3: has now reported the wallaby to the local Wildlife Trust.

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

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Speaker 1: for New Zealand business.

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Speaker 3: Murray Old Lossie correspondents with us.

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Speaker 16: Now, hey, mus yet made bonds of beauty, beauty bonzer.

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Speaker 3: Mate, I mean even there, you must appreciate that Elbow's

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Speaker 3: accent is atrocious.

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Speaker 16: Well matey, Yes, I mean he does seem to have

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Speaker 16: a unique way of mangling Australian English, that's for sure.

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Speaker 12: But I remember my mum bless her years ago.

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Speaker 16: I'd come home for a holiday to crash church and said, MARSA,

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Speaker 16: I don't understand her.

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Speaker 12: What just sign? So even poor old mum.

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Speaker 3: Struggled, that's a really bad qui accent.

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Speaker 12: Mars.

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Speaker 3: We're going to forgive you. Hey, So, I see your

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Speaker 3: governor is still talking tough on maybe hiking the old

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Speaker 3: ocre there.

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Speaker 12: Absolutely right.

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Speaker 16: Michelle Bullock says the bank will not hesitate to lift

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Speaker 16: rates if inflation looks like getting out of hand. She

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Speaker 16: said that is the number one issue over here. The

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Speaker 16: Reserve Bank did keep the cash right on hold Heather

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Speaker 16: on Tuesday, as we know, at that regular meeting and

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Speaker 16: suggested the earliest rate cut would come early in twenty

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Speaker 16: twenty five, which would time in with the government's planned election.

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Speaker 16: A pretty down well. But the governor today had a

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Speaker 16: speech in northern New South Wales and said, guess what.

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Speaker 16: The board is focused on getting inflation down because it

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Speaker 16: impacts everybody. One third of Australians have a mortgage and

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Speaker 16: that's tough. She said, agreed, lots and lots of people

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Speaker 16: are struggling, but she's more concerned about the greater good

437
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Speaker 16: and the bank's inflation target range two to three percent.

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Speaker 16: By Christmas twenty twenty five, they're saying the rate right

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Speaker 16: now of inflation three point eight percent. And watch also

440
00:20:56,240 --> 00:20:59,120
Speaker 16: for a bit of a bonfight between the Reserve Bank

441
00:20:59,160 --> 00:21:01,040
Speaker 16: and the governant the government.

442
00:21:01,080 --> 00:21:03,160
Speaker 12: I should say it's my Australian accent the.

443
00:21:03,080 --> 00:21:06,280
Speaker 16: Government because the Government says things are looking good, the

444
00:21:06,320 --> 00:21:09,000
Speaker 16: Reserve Bank says not so flash.

445
00:21:09,320 --> 00:21:11,440
Speaker 3: Yeah. Hey, sucks to be Alan Joyce today, isn't it.

446
00:21:13,440 --> 00:21:15,879
Speaker 16: Yeah, he's not worried about inflation though. Parole Alan the

447
00:21:15,920 --> 00:21:20,399
Speaker 16: former Quadis boss. He's last year. He got a bugger

448
00:21:20,440 --> 00:21:23,000
Speaker 16: off paycheck because he was leaving after fifteen years from

449
00:21:23,000 --> 00:21:27,679
Speaker 16: the top job. His goodbye check was twenty five million dollars. Well,

450
00:21:27,840 --> 00:21:32,160
Speaker 16: the outcry was such the board of the Flying Kangaroo

451
00:21:32,520 --> 00:21:34,399
Speaker 16: called in an outsider and said, can you run your

452
00:21:34,440 --> 00:21:37,080
Speaker 16: eye over the books please? Well, guess what, Alan Joyce

453
00:21:37,080 --> 00:21:40,200
Speaker 16: has been snipped ten million dollars because he wasn't that good.

454
00:21:40,240 --> 00:21:43,080
Speaker 16: After all, he has to survive on his final payout

455
00:21:43,080 --> 00:21:45,720
Speaker 16: of fifteen million. Have a listen what they found the

456
00:21:45,720 --> 00:21:50,760
Speaker 16: Flying Kangaroo under Alan Joyce's leadership. Basically, the relationship between

457
00:21:50,840 --> 00:21:55,800
Speaker 16: staff and the public just pancaked. It found between the

458
00:21:55,840 --> 00:21:59,000
Speaker 16: Flying Kangaroo and its own staff dreadful because I went

459
00:21:59,000 --> 00:22:03,400
Speaker 16: and sacked heaps of people while paying the executive's.

460
00:22:02,680 --> 00:22:04,320
Speaker 12: Enormous amounts of money.

461
00:22:04,680 --> 00:22:08,879
Speaker 16: So basically, Alan Joyce, look, once upon a time Australians

462
00:22:08,920 --> 00:22:12,320
Speaker 16: would queue up to fly quantas. Now you talk to

463
00:22:12,359 --> 00:22:14,680
Speaker 16: anybody in the street, the golf club, the pub, they

464
00:22:14,680 --> 00:22:16,720
Speaker 16: go out of their way to avoid flying conas because

465
00:22:16,720 --> 00:22:17,719
Speaker 16: it's so bloody horrible.

466
00:22:17,840 --> 00:22:21,280
Speaker 3: Yeah, okay, that's quite interesting insight. Hey, pretty good, pretty

467
00:22:21,320 --> 00:22:23,520
Speaker 3: good Olympics for you, guys am.

468
00:22:24,119 --> 00:22:25,359
Speaker 12: The Australian are doing well.

469
00:22:25,400 --> 00:22:27,800
Speaker 16: The best return ever at an Olympic Games in terms

470
00:22:27,840 --> 00:22:30,440
Speaker 16: of medals won, in terms of gold medals for that matter,

471
00:22:30,560 --> 00:22:32,800
Speaker 16: eighteen gold medals and the best in a single day

472
00:22:32,840 --> 00:22:37,399
Speaker 16: ever yesterday with six medals, including four gold medals in

473
00:22:37,440 --> 00:22:41,000
Speaker 16: four hours. You know, the men's skateboard, the women's skateboard.

474
00:22:41,000 --> 00:22:44,280
Speaker 16: That little child's fourteen years old and he just knocked

475
00:22:44,280 --> 00:22:44,760
Speaker 16: them off.

476
00:22:44,960 --> 00:22:45,960
Speaker 12: Which was extraordinary.

477
00:22:46,000 --> 00:22:49,320
Speaker 16: Sailing, a women's pole vault, and so on, track cycling

478
00:22:49,720 --> 00:22:52,600
Speaker 16: and Australian now third in the medals tally. I've been

479
00:22:52,640 --> 00:22:55,080
Speaker 16: asked over here to do a few lines on per capita.

480
00:22:55,840 --> 00:22:58,280
Speaker 16: Dominica comes out on top, one gold medal from a

481
00:22:58,280 --> 00:23:03,160
Speaker 16: population of seventy thousand people. Australians are coming in fourth,

482
00:23:03,240 --> 00:23:06,600
Speaker 16: eighteen gold medals from twenty seven billion, New Zealander sixth

483
00:23:07,440 --> 00:23:09,800
Speaker 16: and the United States way down in thirty fourth place.

484
00:23:09,960 --> 00:23:13,199
Speaker 16: China one point four billion people, twenty five gold medals,

485
00:23:13,400 --> 00:23:14,200
Speaker 16: they are forty eight.

486
00:23:14,400 --> 00:23:16,960
Speaker 3: Oh, we'll have to do it per capita. I appreciate that, thanks,

487
00:23:16,960 --> 00:23:19,959
Speaker 3: Mars appreciated. It's Murray Olds Australia corresponds.

488
00:23:19,960 --> 00:23:20,800
Speaker 4: The only way to do.

489
00:23:20,800 --> 00:23:22,280
Speaker 17: It, eh M.

490
00:23:22,760 --> 00:23:24,439
Speaker 3: All right, So this is what the water's plan is

491
00:23:24,440 --> 00:23:26,359
Speaker 3: going to look like. This is the water plan the

492
00:23:26,400 --> 00:23:29,600
Speaker 3: government's revealed to replace how three waters is going to work.

493
00:23:29,640 --> 00:23:31,760
Speaker 3: And this is in particular with regards to the funding

494
00:23:31,760 --> 00:23:33,960
Speaker 3: because the council has been freaking out about this. Okay,

495
00:23:34,480 --> 00:23:38,280
Speaker 3: So the council controlled water bodies that are going to

496
00:23:38,400 --> 00:23:41,880
Speaker 3: run the water will immediately be able to borrow money

497
00:23:41,920 --> 00:23:44,480
Speaker 3: to build water infrastructure through what the government is calling

498
00:23:44,520 --> 00:23:48,159
Speaker 3: the Local Government Funding Agency. They've got a year after that,

499
00:23:48,160 --> 00:23:49,560
Speaker 3: they've got to figure out how they're going to get

500
00:23:49,560 --> 00:23:51,120
Speaker 3: the money they need through the water rates and stuff

501
00:23:51,160 --> 00:23:52,800
Speaker 3: like that. Before a year they're going to be sorted

502
00:23:52,840 --> 00:23:56,080
Speaker 3: out by this local government funding agency. And this funding

503
00:23:56,119 --> 00:23:59,719
Speaker 3: agency can borrow at rapes rates cheaper than councils, like,

504
00:23:59,760 --> 00:24:02,760
Speaker 3: so much cheaper that they're going to be able these

505
00:24:02,800 --> 00:24:05,359
Speaker 3: council controlled organizations, the water bodies will be able to

506
00:24:05,400 --> 00:24:08,680
Speaker 3: borrow about twice what they could borrow on their own

507
00:24:08,920 --> 00:24:11,000
Speaker 3: through this funding body. So that's going to help them

508
00:24:11,000 --> 00:24:13,720
Speaker 3: out a lot. It's pretty technical stuff, but we'll ask

509
00:24:13,760 --> 00:24:15,720
Speaker 3: Sam and Brown just a little bit about that. I'm

510
00:24:15,800 --> 00:24:19,040
Speaker 3: kind of interested if we get time. He's removed the

511
00:24:19,119 --> 00:24:22,960
Speaker 3: requirement for the water bodies and the water regulator, the

512
00:24:23,000 --> 00:24:25,520
Speaker 3: one who sets the quality of the water and stuff

513
00:24:25,520 --> 00:24:27,320
Speaker 3: like that keeps an eye on it. He's removed the

514
00:24:27,359 --> 00:24:29,760
Speaker 3: requirement for them to give effected to money will tell why,

515
00:24:29,760 --> 00:24:31,879
Speaker 3: which has been a subject of some discussion on the

516
00:24:31,920 --> 00:24:34,879
Speaker 3: program recently. I'm not sure that that fixes the problem

517
00:24:34,880 --> 00:24:37,760
Speaker 3: for the farmers, who I think still face issues with

518
00:24:38,119 --> 00:24:40,280
Speaker 3: what the local ee say and the councils and acting

519
00:24:40,280 --> 00:24:42,120
Speaker 3: it and stuff like that. But if we get time,

520
00:24:42,280 --> 00:24:44,560
Speaker 3: we'll hit them up about that. Bary Soapers with US

521
00:24:44,560 --> 00:24:45,680
Speaker 3: next sixteen Away from.

522
00:24:45,600 --> 00:24:49,919
Speaker 1: Five Politics with Centrics Credit check your customers and get payments.

523
00:24:49,560 --> 00:24:52,720
Speaker 3: Certainty Very Soper, Senior Political Correspondence with US. Hey Barry

524
00:24:52,800 --> 00:24:55,800
Speaker 3: good afternoon. Ossie seemed to be taking this comment from

525
00:24:56,200 --> 00:24:58,239
Speaker 3: Chris Luxon as it's intended, which is just a bit

526
00:24:58,280 --> 00:24:58,639
Speaker 3: of banter.

527
00:24:59,359 --> 00:25:01,920
Speaker 14: You said in your editorial there are much more important

528
00:25:01,920 --> 00:25:03,600
Speaker 14: things to be talked true about, and I think you're

529
00:25:03,600 --> 00:25:07,320
Speaker 14: absolutely right that. You know, when I heard the story

530
00:25:07,400 --> 00:25:10,320
Speaker 14: initially I thought, oh, somebody in the public service is leaking,

531
00:25:10,960 --> 00:25:13,720
Speaker 14: trying to embarrass the minister. If I was sitting in

532
00:25:13,760 --> 00:25:17,840
Speaker 14: the minister's chair I was writing a letter to my

533
00:25:18,040 --> 00:25:21,640
Speaker 14: counterpartner Australia, I certainly would have written it in English

534
00:25:21,800 --> 00:25:25,320
Speaker 14: and not in Maldy. And you know, I think that

535
00:25:25,440 --> 00:25:28,879
Speaker 14: was to be expected. So what all the brew hahas about,

536
00:25:28,960 --> 00:25:31,000
Speaker 14: I'm not quite sure. But anyway, it's been sort of

537
00:25:31,040 --> 00:25:35,480
Speaker 14: built up into this government being out of step with

538
00:25:35,600 --> 00:25:39,520
Speaker 14: Maldi in some way. And I thought that quit from

539
00:25:39,600 --> 00:25:42,240
Speaker 14: Luxeon in the House yesterday saying it pays to be

540
00:25:42,280 --> 00:25:45,719
Speaker 14: incredibly simple and clear and use English when you're writing

541
00:25:45,760 --> 00:25:50,320
Speaker 14: to Australians, and the rejoined it today by Alban Easy

542
00:25:51,000 --> 00:25:53,960
Speaker 14: that you know, when you understood, if you understand listen

543
00:25:54,000 --> 00:25:56,440
Speaker 14: to New Zealand, you have to understand that you might

544
00:25:56,920 --> 00:25:58,600
Speaker 14: need an interpreter sometimes.

545
00:25:58,760 --> 00:26:02,160
Speaker 11: I mean it's good nature, but you know.

546
00:26:02,280 --> 00:26:06,639
Speaker 14: I think Paul Goldsmith was absolutely in his right to

547
00:26:06,720 --> 00:26:09,280
Speaker 14: do that. And there are more important things to be

548
00:26:09,359 --> 00:26:12,360
Speaker 14: talking about, and I noticed the mainstream media hasn't been

549
00:26:12,359 --> 00:26:14,879
Speaker 14: talking about it, and that is the speech that was

550
00:26:14,920 --> 00:26:20,000
Speaker 14: made in Parliament yesterday by Riewa Packer, the co leader

551
00:26:20,040 --> 00:26:23,720
Speaker 14: of the MALDI party. And another thing that's probably more

552
00:26:23,720 --> 00:26:27,520
Speaker 14: important to be talking about too, here is Darlene Tana.

553
00:26:27,720 --> 00:26:30,359
Speaker 3: She got her first question today. She got her first

554
00:26:30,400 --> 00:26:32,480
Speaker 3: question today.

555
00:26:32,080 --> 00:26:38,639
Speaker 14: Was boring, boring, and it was quite funny because the

556
00:26:38,720 --> 00:26:42,920
Speaker 14: minister standing in for Shane Jones happened to be Winston

557
00:26:42,960 --> 00:26:46,960
Speaker 14: Peters Now he was awfully polite to her, gave her

558
00:26:47,880 --> 00:26:49,879
Speaker 14: the answer, and I thought he could have made a

559
00:26:49,880 --> 00:26:53,640
Speaker 14: snide remark, but he didn't. And Darlen Tarna, she asked

560
00:26:53,640 --> 00:26:57,000
Speaker 14: about three questions, no follow up from anybody else in

561
00:26:57,040 --> 00:26:58,000
Speaker 14: the house, and she sat.

562
00:26:57,880 --> 00:26:59,400
Speaker 3: Down about oceans.

563
00:26:59,480 --> 00:27:03,480
Speaker 14: Yes, that's right, that's about effective as an independent MP

564
00:27:03,720 --> 00:27:06,040
Speaker 14: can be. And the Greens, of course, as we know,

565
00:27:06,119 --> 00:27:09,159
Speaker 14: they'll be considering it again whether they'll be using the

566
00:27:09,160 --> 00:27:10,159
Speaker 14: Waker legislation.

567
00:27:11,000 --> 00:27:13,160
Speaker 11: They'll be considering that on September first, so.

568
00:27:13,119 --> 00:27:15,359
Speaker 3: They give Karen Saw a hard time in parliament again

569
00:27:15,680 --> 00:27:16,080
Speaker 3: they did.

570
00:27:16,400 --> 00:27:19,879
Speaker 14: And look, I really admire carent Sure. I think you

571
00:27:19,880 --> 00:27:23,000
Speaker 14: know she was brought up in a very difficult circumstance.

572
00:27:23,680 --> 00:27:26,960
Speaker 14: She's had all sorts of racial abuse about her not

573
00:27:27,080 --> 00:27:30,399
Speaker 14: being a maldi. I think she has one thing and

574
00:27:30,440 --> 00:27:35,200
Speaker 14: she's beaten her gums about it constantly. The only thing

575
00:27:35,200 --> 00:27:38,479
Speaker 14: that she's concerned about is the safety of children, and

576
00:27:38,520 --> 00:27:41,760
Speaker 14: I think everyone would empathize with that. And now we

577
00:27:41,800 --> 00:27:44,879
Speaker 14: see her on a tamariki that I've got to report

578
00:27:45,640 --> 00:27:50,600
Speaker 14: essentially now every quarter to the Minister to make sure

579
00:27:50,720 --> 00:27:54,160
Speaker 14: things that have only been reported on once a year

580
00:27:54,520 --> 00:27:57,640
Speaker 14: don't happen. Sure faced as you said here a barrage

581
00:27:57,640 --> 00:28:00,960
Speaker 14: of questions in the house today, but it was unflinching

582
00:28:01,000 --> 00:28:04,399
Speaker 14: in a view that aram Arounga Tamariki needs to be

583
00:28:04,480 --> 00:28:05,360
Speaker 14: more accountable.

584
00:28:05,480 --> 00:28:08,840
Speaker 18: Clearly things need to change. When a child is killed

585
00:28:08,840 --> 00:28:11,720
Speaker 18: every five weeks in this country, and so many more

586
00:28:11,800 --> 00:28:14,040
Speaker 18: are abused and neglected by those who are meant to

587
00:28:14,080 --> 00:28:17,080
Speaker 18: care for them, than a new approach is desperately needed.

588
00:28:17,600 --> 00:28:20,959
Speaker 18: By making Ordering a tomatique report every three months and

589
00:28:21,000 --> 00:28:24,320
Speaker 18: making these reports public, it will give Order Timidiki the

590
00:28:24,359 --> 00:28:27,399
Speaker 18: focus it needs to ensure that it is delivering on

591
00:28:27,440 --> 00:28:30,320
Speaker 18: its core purpose keeping children and young people safe.

592
00:28:30,520 --> 00:28:32,320
Speaker 14: And on that note, you know, I was reading a

593
00:28:32,320 --> 00:28:38,600
Speaker 14: story in the online today that basically five men and

594
00:28:38,680 --> 00:28:44,400
Speaker 14: Nelson are facing illegal weapons charges. In fact, officers in

595
00:28:44,520 --> 00:28:47,320
Speaker 14: June they were serving a search warrant on a house.

596
00:28:47,800 --> 00:28:51,520
Speaker 14: Three loaded rifles leading up against a wall in a

597
00:28:51,560 --> 00:28:56,400
Speaker 14: bedroom next to a child's cot were found and all

598
00:28:56,440 --> 00:29:01,120
Speaker 14: of the weapons were loaded with round's chambered, and they

599
00:29:01,160 --> 00:29:04,920
Speaker 14: didn't have their safety switches on. You imagine that right

600
00:29:04,960 --> 00:29:06,840
Speaker 14: next to a cop with little children.

601
00:29:06,960 --> 00:29:09,240
Speaker 3: Pretty crazy people do some weird things, an't you Listen,

602
00:29:09,280 --> 00:29:11,280
Speaker 3: this water plan that's been announced by Simmy and Brown.

603
00:29:11,560 --> 00:29:14,560
Speaker 3: How far does this go to fixing the funding concerns.

604
00:29:14,640 --> 00:29:18,440
Speaker 14: Well, it creates big loans, doesn't it for councils.

605
00:29:18,800 --> 00:29:22,200
Speaker 11: And what it does is by splitting off the.

606
00:29:21,720 --> 00:29:24,560
Speaker 14: Taking apart the three waters issue, and I think it

607
00:29:24,640 --> 00:29:28,320
Speaker 14: had to be taken apart, makes some councils responsible for

608
00:29:28,360 --> 00:29:32,040
Speaker 14: their own water supplies. What it means is that councils

609
00:29:32,080 --> 00:29:34,640
Speaker 14: that have been able to afford in the past to

610
00:29:34,720 --> 00:29:38,720
Speaker 14: look after water supply, like Auckland for example, they won't

611
00:29:38,760 --> 00:29:41,720
Speaker 14: be impacted terribly on this at all. They'll have to,

612
00:29:41,840 --> 00:29:45,360
Speaker 14: no doubt come up with more infrastructure. But what this does,

613
00:29:45,520 --> 00:29:48,520
Speaker 14: is you said hither just before I came on that

614
00:29:49,040 --> 00:29:53,040
Speaker 14: what it does is allows councils to get money at

615
00:29:53,080 --> 00:29:56,920
Speaker 14: a much more cheaper rate. More but in the end,

616
00:29:57,320 --> 00:30:00,480
Speaker 14: more and cheaper is the key to this. In the end,

617
00:30:00,760 --> 00:30:03,640
Speaker 14: the debt is still there and who ends up paying

618
00:30:03,680 --> 00:30:07,080
Speaker 14: the debt? That's unavoidable though precisely well, we have to

619
00:30:07,080 --> 00:30:08,240
Speaker 14: spend money on wall totally.

620
00:30:08,400 --> 00:30:11,040
Speaker 3: You're right, Barry, Thank you appreciate it's Bary sober seeing

621
00:30:11,040 --> 00:30:12,880
Speaker 3: your political correspondent eight away from five.

622
00:30:13,560 --> 00:30:17,280
Speaker 1: Putting the tough question to the Newspeakers the Mike Hosking.

623
00:30:17,000 --> 00:30:19,560
Speaker 15: Breakfast, Mark Mitchell was accused of barring Ginny Anderson from

624
00:30:19,640 --> 00:30:22,680
Speaker 15: visiting the Albany Police station. The police Minister. Mark Mitchell's

625
00:30:22,680 --> 00:30:24,720
Speaker 15: with us. Are you a monumental hypocriticals?

626
00:30:24,960 --> 00:30:25,760
Speaker 4: No, not at all.

627
00:30:25,880 --> 00:30:28,040
Speaker 19: I was blocked from meeting with the police Commissioner of

628
00:30:28,120 --> 00:30:30,640
Speaker 19: Ginny Anderson. It's sent to a quest yesterday to meet

629
00:30:30,680 --> 00:30:32,600
Speaker 19: with the police commissioner. It would have been approved and

630
00:30:32,680 --> 00:30:34,120
Speaker 19: sent back within thirty seconds.

631
00:30:34,240 --> 00:30:34,880
Speaker 4: She didn't do that.

632
00:30:34,960 --> 00:30:37,160
Speaker 19: She requests to get it an operational police station with

633
00:30:37,240 --> 00:30:40,080
Speaker 19: another listening and can specify who she was going to

634
00:30:40,080 --> 00:30:42,240
Speaker 19: meet with. She is welcome to go to a police station, please,

635
00:30:42,320 --> 00:30:43,800
Speaker 19: let didn't find who she wants to speak to it

636
00:30:43,840 --> 00:30:45,840
Speaker 19: because just rocking up to a police station and saying

637
00:30:45,880 --> 00:30:47,120
Speaker 19: I want to walk in there and just talk to

638
00:30:47,120 --> 00:30:49,719
Speaker 19: commissioned officers, that is not a goer. It's not a library,

639
00:30:49,760 --> 00:30:51,040
Speaker 19: it's an operational police station.

640
00:30:51,240 --> 00:30:54,000
Speaker 15: Back tomorrow at six am the Make Hosking Breakfast with

641
00:30:54,040 --> 00:30:55,600
Speaker 15: the rain drove of the Larne News.

642
00:30:55,480 --> 00:30:56,080
Speaker 12: Toalg Z b.

643
00:30:57,920 --> 00:31:01,120
Speaker 3: Oh Dear that has been down measured again, hasn't it?

644
00:31:01,200 --> 00:31:03,840
Speaker 3: I mean, can these guys copper break. So I mean's

645
00:31:03,840 --> 00:31:07,120
Speaker 3: only just back in service after it ran aground and

646
00:31:07,120 --> 00:31:09,080
Speaker 3: picked in because somebody didn't realize that had to press

647
00:31:09,120 --> 00:31:11,880
Speaker 3: the fire the button for five minutes. And now what's

648
00:31:11,880 --> 00:31:14,280
Speaker 3: happened is it was trying to birth in Wellington. It

649
00:31:14,400 --> 00:31:17,840
Speaker 3: hit what's called a link span. It's damaged its hull.

650
00:31:18,360 --> 00:31:20,880
Speaker 3: No one was injured, passengers were able to get off.

651
00:31:20,960 --> 00:31:23,960
Speaker 3: Vehicles have been on board like obviously kept on board

652
00:31:24,000 --> 00:31:26,640
Speaker 3: while checks were made. No risks to the ship itself

653
00:31:26,680 --> 00:31:28,920
Speaker 3: because the damage is above the water line. But I mean,

654
00:31:32,680 --> 00:31:34,360
Speaker 3: somebody didn't know how to ride a boat, do they?

655
00:31:34,480 --> 00:31:36,320
Speaker 3: I don't know how to drive the thing or something's

656
00:31:36,360 --> 00:31:38,960
Speaker 3: going on anyway. Guess what. Guess what. Simeon Brown is

657
00:31:39,080 --> 00:31:41,440
Speaker 3: quite apart from being the Minister in charge of the

658
00:31:41,440 --> 00:31:44,680
Speaker 3: Water Announcement, also the Minister in charge of Energy, he

659
00:31:44,880 --> 00:31:47,680
Speaker 3: also happens to be the Minister in charge of Kiwi Rail.

660
00:31:47,840 --> 00:31:49,360
Speaker 3: So we're gonna have a lot to talk to him about.

661
00:31:49,400 --> 00:31:50,640
Speaker 3: We're gonna have to bump overy, we don't have to

662
00:31:50,640 --> 00:31:52,520
Speaker 3: clean our slate, so we've got a lot to talk

663
00:31:52,560 --> 00:31:54,200
Speaker 3: to Simeon about. When he's with us. In just a

664
00:31:54,200 --> 00:31:57,400
Speaker 3: few minutes, time on the teaching maths thing. I just

665
00:31:57,400 --> 00:31:59,400
Speaker 3: got to get you across this. I can't believe. I

666
00:31:59,680 --> 00:32:03,760
Speaker 3: just can't. I'm constantly gobsmapped, gobsmacked that people are this

667
00:32:03,960 --> 00:32:07,600
Speaker 3: resistant to maths. The latest resistance is coming from the

668
00:32:07,640 --> 00:32:12,320
Speaker 3: Teacher Education Forum. There's been a meeting between ITE providers

669
00:32:12,320 --> 00:32:15,240
Speaker 3: and the Teaching Council today and they have raised some

670
00:32:15,560 --> 00:32:19,520
Speaker 3: a snaphooy calling it. They've raised some concerns, including the

671
00:32:19,560 --> 00:32:23,680
Speaker 3: fact that teachers primary school teachers would now need NCEEA

672
00:32:23,840 --> 00:32:28,080
Speaker 3: Level two maths. The Teacher Education Forum executive chair doctor

673
00:32:28,160 --> 00:32:30,880
Speaker 3: Razina Mary said the changes do not make any sense.

674
00:32:32,840 --> 00:32:36,960
Speaker 3: What's the problem? I mean, like, listen, Level two is

675
00:32:37,040 --> 00:32:40,400
Speaker 3: year is sixth form, isn't it? Level two? You should

676
00:32:40,440 --> 00:32:42,720
Speaker 3: be doing maths at sixth form. You should be doing

677
00:32:42,760 --> 00:32:45,520
Speaker 3: maths at sixth form. You should also be doing maths

678
00:32:45,520 --> 00:32:47,920
Speaker 3: at seventh form. This should just be like, this should

679
00:32:47,960 --> 00:32:49,560
Speaker 3: be a core thing that you do. Should between your

680
00:32:49,560 --> 00:32:53,560
Speaker 3: maths and your English and your science, whichever of the sciences.

681
00:32:53,760 --> 00:32:55,440
Speaker 3: But you should just do these things and then if

682
00:32:55,440 --> 00:32:57,000
Speaker 3: you want to go be a teacher, you've got like

683
00:32:57,040 --> 00:32:58,840
Speaker 3: I don't know why we don't just do this thing anyway,

684
00:32:58,840 --> 00:33:00,880
Speaker 3: but anyway, we're talking to them and minutes so we'll

685
00:33:00,920 --> 00:33:02,560
Speaker 3: ask them. News Talk ZEDB.

686
00:33:10,880 --> 00:33:14,080
Speaker 1: The only drive show you can trust to ask the questions,

687
00:33:14,160 --> 00:33:15,520
Speaker 1: get the answers.

688
00:33:15,120 --> 00:33:17,760
Speaker 4: By the facts and give the analysis.

689
00:33:18,000 --> 00:33:21,520
Speaker 1: Heather due to Clan Drive with One New Zealand Let's

690
00:33:21,600 --> 00:33:22,720
Speaker 1: get connected.

691
00:33:22,400 --> 00:33:23,480
Speaker 4: And news Talk z B.

692
00:33:25,160 --> 00:33:25,640
Speaker 3: Afternoon.

693
00:33:25,680 --> 00:33:25,800
Speaker 4: Now.

694
00:33:25,800 --> 00:33:29,560
Speaker 3: The government's announced more details on its replacement for three waters,

695
00:33:29,600 --> 00:33:31,560
Speaker 3: specifically what they're going to do with the debt funding.

696
00:33:31,760 --> 00:33:34,800
Speaker 3: They've announced that water bodies, which will be controlled by councils,

697
00:33:35,200 --> 00:33:38,200
Speaker 3: will be able to borrow more money and more cheaply

698
00:33:38,400 --> 00:33:40,760
Speaker 3: from the Local Government Funding Agency than they would be

699
00:33:40,800 --> 00:33:43,520
Speaker 3: able to do by themselves. Simeon Brown is the Local

700
00:33:43,520 --> 00:33:44,960
Speaker 3: Government Minister and with us now, hey.

701
00:33:44,880 --> 00:33:46,640
Speaker 20: Simeon, good evening.

702
00:33:46,800 --> 00:33:48,720
Speaker 3: How much more cheaply can they get it from this

703
00:33:48,800 --> 00:33:49,680
Speaker 3: funding agency?

704
00:33:50,760 --> 00:33:53,440
Speaker 20: Well, if you go out and get excepted deep on

705
00:33:53,480 --> 00:33:55,760
Speaker 20: the open market, which is what some councils do do,

706
00:33:56,040 --> 00:33:59,040
Speaker 20: it'd be about two percent more expensive. So this is

707
00:33:59,280 --> 00:34:04,360
Speaker 20: significantly cheaper. This is lgfas triple A rated because of

708
00:34:04,400 --> 00:34:07,800
Speaker 20: the support that they get from COSS, guarantees from councils

709
00:34:07,800 --> 00:34:12,400
Speaker 20: and the supportive Crown. They already fund councils excess international

710
00:34:12,440 --> 00:34:15,080
Speaker 20: markets and this is the best way to be able

711
00:34:15,080 --> 00:34:17,200
Speaker 20: to ensure that we can keep water as sets in

712
00:34:17,280 --> 00:34:21,719
Speaker 20: local control, with local ownership, they can affordably make those

713
00:34:21,719 --> 00:34:25,280
Speaker 20: investments they need whilst also keeping costs down for consumers.

714
00:34:25,600 --> 00:34:27,359
Speaker 3: Okay, and so are you just giving them a year's

715
00:34:27,360 --> 00:34:29,280
Speaker 3: worth of access to this money or does it continue

716
00:34:29,280 --> 00:34:29,680
Speaker 3: after that?

717
00:34:30,040 --> 00:34:30,080
Speaker 13: No?

718
00:34:30,200 --> 00:34:32,759
Speaker 20: This is this is this continues after that. This is

719
00:34:32,760 --> 00:34:37,320
Speaker 20: this is an endurable solution for water infrastructure in New Zealand.

720
00:34:37,680 --> 00:34:40,200
Speaker 20: This is a deal being done to ensure that we

721
00:34:40,320 --> 00:34:44,600
Speaker 20: can allow councils to invest in the long term infrastructure

722
00:34:44,640 --> 00:34:47,759
Speaker 20: they need in an affordable way. We don't need the

723
00:34:47,840 --> 00:34:51,120
Speaker 20: ten mega co governed entities the last government was putting

724
00:34:51,160 --> 00:34:53,120
Speaker 20: in place. All we need to do is work with

725
00:34:53,200 --> 00:34:55,920
Speaker 20: local government and have a solution which works for them.

726
00:34:55,920 --> 00:34:57,680
Speaker 20: And that's what this government's done in nine months.

727
00:34:57,800 --> 00:34:59,760
Speaker 3: So, I mean, why that theory just crashing.

728
00:34:59,800 --> 00:35:04,479
Speaker 20: Well, Well, I've just been on the phone to Keywi Rail.

729
00:35:04,960 --> 00:35:09,960
Speaker 20: There's been as high wind conditions down here are and

730
00:35:10,160 --> 00:35:14,440
Speaker 20: a number of other things which I think they're looking into.

731
00:35:15,160 --> 00:35:17,200
Speaker 3: What are the number of other things?

732
00:35:17,560 --> 00:35:21,440
Speaker 20: Well, I think the key we rale CEO is here.

733
00:35:21,520 --> 00:35:23,560
Speaker 20: We were spoke to him a few minutes ago in

734
00:35:23,680 --> 00:35:26,600
Speaker 20: terms of whether or not they were, you know, entering

735
00:35:26,760 --> 00:35:30,400
Speaker 20: the particular course correctly. Ultimately they'll be looking into that

736
00:35:30,440 --> 00:35:33,040
Speaker 20: and have more to say about that shortly. But there

737
00:35:33,080 --> 00:35:34,920
Speaker 20: are high wind conditions here and Wellington right now.

738
00:35:35,120 --> 00:35:38,640
Speaker 3: But that's normal, saman, That's not really a surprise, is okay?

739
00:35:38,840 --> 00:35:40,719
Speaker 3: So who puts the little course.

740
00:35:40,480 --> 00:35:44,000
Speaker 20: In well I think those are the things that they're

741
00:35:44,040 --> 00:35:46,359
Speaker 20: looking into to ensure that the correct But.

742
00:35:46,360 --> 00:35:47,840
Speaker 3: Is it the dudes on board are the guys on

743
00:35:47,880 --> 00:35:48,440
Speaker 3: the bridge?

744
00:35:48,719 --> 00:35:51,760
Speaker 20: I mean, we've we've been making out point very clearly

745
00:35:52,000 --> 00:35:56,080
Speaker 20: around the operations of that organization that they need to

746
00:35:56,120 --> 00:35:59,239
Speaker 20: be lifting the game. And that's why we're refreshing the

747
00:35:59,280 --> 00:36:01,480
Speaker 20: board and we're going to be and we're setting very

748
00:36:01,480 --> 00:36:04,080
Speaker 20: clear expectations doing it.

749
00:36:04,120 --> 00:36:06,320
Speaker 3: But they keep on crushing the boat in the meantime,

750
00:36:06,400 --> 00:36:06,799
Speaker 3: don't they?

751
00:36:07,480 --> 00:36:11,200
Speaker 20: Well, these things these exactly and this work needs to

752
00:36:11,200 --> 00:36:11,960
Speaker 20: be dune to ensure that.

753
00:36:12,760 --> 00:36:14,880
Speaker 3: Let me just get this clear, Saman, Are you telling

754
00:36:14,920 --> 00:36:18,280
Speaker 3: me that while they're trying to birth in Wellington's somebody

755
00:36:18,400 --> 00:36:20,919
Speaker 3: there is the possibility and we are investigating that somebody

756
00:36:20,960 --> 00:36:23,000
Speaker 3: has put the wrong coordinates in ok.

757
00:36:23,160 --> 00:36:25,439
Speaker 20: I don't have all the answers. What I'm telling you

758
00:36:25,600 --> 00:36:29,320
Speaker 20: is we've been given a briefing around what's taken place.

759
00:36:30,360 --> 00:36:34,640
Speaker 20: It's being looked into. But the reality here is that

760
00:36:35,640 --> 00:36:39,200
Speaker 20: we need to ensure that that process goes is underway.

761
00:36:40,600 --> 00:36:43,080
Speaker 20: I want to make it very clear to the public.

762
00:36:43,440 --> 00:36:46,080
Speaker 20: We have been unimpressed with the way key Rail has

763
00:36:46,120 --> 00:36:48,719
Speaker 20: been managing its assets and operations.

764
00:36:48,880 --> 00:36:51,360
Speaker 3: But this is what asset management problem? Is it me?

765
00:36:51,440 --> 00:36:53,000
Speaker 3: I mean, this is just somebody being done.

766
00:36:54,120 --> 00:36:55,600
Speaker 20: Well, we don't know all the answers just yet.

767
00:36:55,680 --> 00:36:58,319
Speaker 3: Yes, well, possibly this is possibly being done. How long

768
00:36:58,400 --> 00:36:59,719
Speaker 3: is this thing going to be out of commission for?

769
00:37:00,440 --> 00:37:02,000
Speaker 20: I think a couple of days is what I've been advised.

770
00:37:02,120 --> 00:37:03,960
Speaker 3: Man alive, Are you just putting your hair out at

771
00:37:03,960 --> 00:37:04,440
Speaker 3: these people?

772
00:37:06,360 --> 00:37:06,720
Speaker 13: Well?

773
00:37:06,960 --> 00:37:10,359
Speaker 3: Yes, okay, Now are you on board? This is really

774
00:37:10,400 --> 00:37:12,040
Speaker 3: the energy crisis is actually what I want to talk

775
00:37:12,080 --> 00:37:13,800
Speaker 3: to you about. Are you on board with Shane Jones's

776
00:37:13,840 --> 00:37:16,360
Speaker 3: idea of forcing gent tailors to charge less for power?

777
00:37:17,880 --> 00:37:20,520
Speaker 20: Well, the reality is we have an energy shortage. That

778
00:37:20,640 --> 00:37:24,279
Speaker 20: is the key issue here at the moment, and that

779
00:37:24,400 --> 00:37:27,040
Speaker 20: is because of the last government's policies where they've put

780
00:37:27,040 --> 00:37:29,759
Speaker 20: the ban on or and gas in place. They had

781
00:37:29,840 --> 00:37:32,880
Speaker 20: this ridiculous twenty thirty target of one hundred percent renewal energy.

782
00:37:32,920 --> 00:37:35,200
Speaker 20: They shelled the market by saying they're going to board

783
00:37:35,239 --> 00:37:36,600
Speaker 20: a lake at the bottom of the South Island and the

784
00:37:36,600 --> 00:37:39,000
Speaker 20: Mountains called Lake Conzo, costing sixteen billion dollars. We have

785
00:37:39,000 --> 00:37:42,520
Speaker 20: an energy shortage crisis. That's the issue here. I do

786
00:37:42,600 --> 00:37:45,200
Speaker 20: have an update in terms of a number of key

787
00:37:45,239 --> 00:37:50,920
Speaker 20: things that are being done. Firstly, Transpower has just announced

788
00:37:50,920 --> 00:37:54,279
Speaker 20: that they will be starting consultation on changes to bring

789
00:37:54,280 --> 00:37:59,560
Speaker 20: forward hydrogenerators' ability to access contingent storage. So that has

790
00:37:59,600 --> 00:38:03,520
Speaker 20: been forward. That is really important change. It's just been

791
00:38:03,560 --> 00:38:08,440
Speaker 20: announced by Transpower in terms of being for that additional

792
00:38:09,640 --> 00:38:12,840
Speaker 20: storage in those lakes and making that available based on

793
00:38:12,880 --> 00:38:16,520
Speaker 20: the risk curves that we're seeing. The Ultracity Power Ultricty

794
00:38:16,560 --> 00:38:19,279
Speaker 20: Authority also using their powers to commence an investigation of

795
00:38:19,320 --> 00:38:23,640
Speaker 20: the Section sixteen of the Ultricity Industry Act into spot pricing,

796
00:38:23,680 --> 00:38:28,680
Speaker 20: including whether generators are profiting through this time. I think

797
00:38:28,680 --> 00:38:31,480
Speaker 20: it's really important to make it clear that we need

798
00:38:31,520 --> 00:38:34,520
Speaker 20: to have full assurances we're not seeing price garging during

799
00:38:34,680 --> 00:38:38,120
Speaker 20: this shortage, and I've made my expectations very clear to

800
00:38:38,160 --> 00:38:40,800
Speaker 20: the EA on that, and we are getting advice on

801
00:38:41,360 --> 00:38:43,759
Speaker 20: the powers around what needs to be done. But I

802
00:38:43,800 --> 00:38:47,120
Speaker 20: think the key message is that we have a shortage

803
00:38:47,120 --> 00:38:50,279
Speaker 20: of energy and that is what is driving the situation.

804
00:38:51,160 --> 00:38:53,720
Speaker 20: We do need assurances that there's no that price gaging

805
00:38:53,800 --> 00:38:56,239
Speaker 20: is not happening. We've got that work underway, but we

806
00:38:56,320 --> 00:38:58,640
Speaker 20: have an energy shortage as a country and that is

807
00:38:58,640 --> 00:38:59,840
Speaker 20: the most critical issue we need to.

808
00:38:59,800 --> 00:39:02,000
Speaker 3: Res Okay, I'm glad you're saying that, because I feel

809
00:39:02,040 --> 00:39:04,080
Speaker 3: like Shane Jones is barking up the wrong tree with

810
00:39:04,080 --> 00:39:06,520
Speaker 3: what he's talking about. I'm gonna get to that later.

811
00:39:06,680 --> 00:39:10,520
Speaker 3: But the energy shortage that we've got is primarily caused

812
00:39:10,520 --> 00:39:12,719
Speaker 3: by a gas shortage. So what are you doing about it?

813
00:39:13,640 --> 00:39:16,960
Speaker 20: Well, that's why we've announced yesterday that the government is

814
00:39:17,000 --> 00:39:21,799
Speaker 20: looking at importation of liquid natural gas.

815
00:39:22,280 --> 00:39:23,120
Speaker 3: Where would you store it?

816
00:39:24,400 --> 00:39:27,160
Speaker 20: Well, that is not required to be stored. If this

817
00:39:27,239 --> 00:39:31,080
Speaker 20: is something which can be imported on ships and pumped

818
00:39:31,120 --> 00:39:34,359
Speaker 20: into the existing pipelines. The advice we've received is that

819
00:39:35,360 --> 00:39:38,280
Speaker 20: this is something that could be set up in a

820
00:39:38,400 --> 00:39:40,880
Speaker 20: not a short period of times a year away the

821
00:39:41,480 --> 00:39:44,879
Speaker 20: time it would take some time, So we're getting further

822
00:39:44,920 --> 00:39:47,719
Speaker 20: advice around the speed and what was required in order

823
00:39:47,800 --> 00:39:51,080
Speaker 20: to do this. We're facing a dry year at the moment.

824
00:39:51,480 --> 00:39:55,040
Speaker 20: There's been low snowfall on the southern Alps, which means

825
00:39:55,040 --> 00:39:58,279
Speaker 20: there's low storage down there. We're seeing low wind. We've

826
00:39:58,320 --> 00:40:02,200
Speaker 20: obviously that the gas situation is worsened this year quite quickly,

827
00:40:03,000 --> 00:40:05,000
Speaker 20: and so we are putting this option on the table

828
00:40:05,040 --> 00:40:08,600
Speaker 20: because it's very clear that New Zealanders cannot afford to

829
00:40:08,960 --> 00:40:10,280
Speaker 20: see the shortage continuing.

830
00:40:10,400 --> 00:40:13,040
Speaker 3: Still, for a gas producing nation to be important gas

831
00:40:13,080 --> 00:40:15,040
Speaker 3: does sound a little kooky. So what we actually need

832
00:40:15,080 --> 00:40:17,600
Speaker 3: to do is get the existing people in this country,

833
00:40:17,640 --> 00:40:21,080
Speaker 3: the existing investors, to be drilling and looking for more gas.

834
00:40:21,480 --> 00:40:22,839
Speaker 3: Are you making any headway there?

835
00:40:23,320 --> 00:40:27,040
Speaker 20: Well, that's where we're repealing the oil and gear, but.

836
00:40:27,080 --> 00:40:29,080
Speaker 3: That's still not wanting to do it because labor. If

837
00:40:29,160 --> 00:40:31,000
Speaker 3: labour gets in in sixty years or nine years or something,

838
00:40:31,000 --> 00:40:32,360
Speaker 3: you're just going to do crazy stuff.

839
00:40:32,480 --> 00:40:34,720
Speaker 20: That's one of our biggest issues we face the country

840
00:40:34,920 --> 00:40:37,800
Speaker 20: is around sovereign risk, Yes, and all of these questions,

841
00:40:37,840 --> 00:40:39,640
Speaker 20: and that is because of that. This is the reckless

842
00:40:39,640 --> 00:40:41,240
Speaker 20: decisions made by the last Are.

843
00:40:41,080 --> 00:40:43,080
Speaker 3: You making any headway convincing them? To put money in

844
00:40:43,120 --> 00:40:44,680
Speaker 3: or are you coming up with any ideas to be

845
00:40:44,719 --> 00:40:46,319
Speaker 3: able to kind of hold off Labour's crazy.

846
00:40:47,360 --> 00:40:49,720
Speaker 20: There is work underway in that space and I'm working

847
00:40:49,760 --> 00:40:52,360
Speaker 20: very closely with Honorable Shane Jones on that.

848
00:40:52,520 --> 00:40:54,960
Speaker 3: And when are we going to see it?

849
00:40:55,160 --> 00:40:58,719
Speaker 20: Well, you're seeing we've made commitments around that legislation coming

850
00:40:58,760 --> 00:41:03,640
Speaker 20: into Parliament the year. Okays, that work is underway, but

851
00:41:03,719 --> 00:41:05,640
Speaker 20: I would just point I would just make the point

852
00:41:06,080 --> 00:41:08,840
Speaker 20: and remind your listeners that the sovereign risk issue that

853
00:41:09,000 --> 00:41:12,360
Speaker 20: has been created by the previous government is a very

854
00:41:12,440 --> 00:41:14,719
Speaker 20: serious issue and it has been reckless and it is

855
00:41:15,080 --> 00:41:16,920
Speaker 20: It is one of the things which worries me the

856
00:41:16,960 --> 00:41:21,239
Speaker 20: most about the future of our energy security as a nation. Yeah, fair,

857
00:41:21,440 --> 00:41:23,879
Speaker 20: we need energy as a country and what they did

858
00:41:25,080 --> 00:41:29,120
Speaker 20: has it made fixing these problems a lot harder than

859
00:41:29,120 --> 00:41:29,680
Speaker 20: they should be.

860
00:41:30,120 --> 00:41:32,000
Speaker 3: So me and thank you, mate, appreciate it. Sim And Brown,

861
00:41:32,040 --> 00:41:35,399
Speaker 3: local Government Minister, Minister for Energy, Minister for Transport. By

862
00:41:35,440 --> 00:41:37,880
Speaker 3: the way, I spoke to somebody last night who's involved

863
00:41:37,880 --> 00:41:40,480
Speaker 3: in the energy industry about labor and I said, surely

864
00:41:40,560 --> 00:41:43,239
Speaker 3: labor has learned its lesson and it's going to ditch

865
00:41:43,280 --> 00:41:46,520
Speaker 3: this ridiculous one hundred percent renewables policy and the oil

866
00:41:46,560 --> 00:41:49,520
Speaker 3: and gas ban surely And they were like, no, we

867
00:41:49,680 --> 00:41:52,000
Speaker 3: just caught up with Megan Woods this month or recent

868
00:41:52,000 --> 00:41:54,480
Speaker 3: in the last month, and no, no, she's they're going

869
00:41:54,480 --> 00:41:58,279
Speaker 3: to re announce that as a policy. How crazy is that?

870
00:41:58,640 --> 00:42:02,600
Speaker 3: Sixteen past five's talk about something that affects us all cancer. Now,

871
00:42:02,680 --> 00:42:04,800
Speaker 3: that is a word that changes everything. A It affects

872
00:42:04,840 --> 00:42:07,120
Speaker 3: one in three New Zealanders in their lifetime. That could

873
00:42:07,160 --> 00:42:10,239
Speaker 3: be our friends, our family, our neighbors. But we are

874
00:42:10,239 --> 00:42:12,719
Speaker 3: not facing the salon. For thirty four years, A and

875
00:42:12,800 --> 00:42:15,359
Speaker 3: Z has been supporting the Cancer Society to help our

876
00:42:15,360 --> 00:42:18,200
Speaker 3: communities through the thick and thin of cancer. And this

877
00:42:18,280 --> 00:42:21,239
Speaker 3: Daffodil Day, August thirty, we've got a chance to stand

878
00:42:21,400 --> 00:42:24,759
Speaker 3: united and make a real difference too. Every daffodil represents

879
00:42:24,800 --> 00:42:27,640
Speaker 3: a story of hope, struggle and support, and it's about

880
00:42:27,680 --> 00:42:30,279
Speaker 3: coming together when times are tough, just like kiwis always do.

881
00:42:30,560 --> 00:42:33,239
Speaker 3: And your donation, big or small, can make a real

882
00:42:33,239 --> 00:42:36,520
Speaker 3: difference to someone's journey. It funds vital research and helps

883
00:42:36,520 --> 00:42:39,839
Speaker 3: the Cancer Society provide support services, and it brings hope

884
00:42:39,840 --> 00:42:41,880
Speaker 3: to those who need it most. So let's make this

885
00:42:42,200 --> 00:42:44,680
Speaker 3: make every daffodil count with A and Z the Staffodil

886
00:42:44,719 --> 00:42:47,000
Speaker 3: day and show what New Zealanders are made of. So

887
00:42:47,040 --> 00:42:50,560
Speaker 3: text donate to two four four two to get the

888
00:42:50,600 --> 00:42:51,560
Speaker 3: link to make a donation.

889
00:42:52,160 --> 00:42:53,320
Speaker 4: Heather do for Cela.

890
00:42:53,560 --> 00:42:55,640
Speaker 3: Heather. There is no wind at Wellington at present. It

891
00:42:55,680 --> 00:42:58,720
Speaker 3: hasn't been all day, Heather. Simeon is telling bs current

892
00:42:58,760 --> 00:43:01,439
Speaker 3: wind in Wally is eight kur get a grip. Hither

893
00:43:01,520 --> 00:43:04,040
Speaker 3: Kiwi Rails telling Porky's gentle breeze and Wellington Hither I'm

894
00:43:04,080 --> 00:43:06,120
Speaker 3: driving around Evans Bay and Wellington. The water could not

895
00:43:06,160 --> 00:43:09,840
Speaker 3: be more calm. There's no like multiple texts saying there's

896
00:43:09,840 --> 00:43:14,640
Speaker 3: no wind. So given Kiwi Rails performance in this area,

897
00:43:14,640 --> 00:43:17,319
Speaker 3: was it the wind or was it really somebody putting

898
00:43:17,320 --> 00:43:20,840
Speaker 3: the wrong coordinates into the computer? Hmmm, I wonder. Twenty

899
00:43:20,880 --> 00:43:24,360
Speaker 3: past five Now there's more resistance to maths, this time

900
00:43:24,960 --> 00:43:27,319
Speaker 3: to the Teaching Council's plan, and the plan is to

901
00:43:27,400 --> 00:43:30,320
Speaker 3: require new teachers to basically swat up on their maths,

902
00:43:30,360 --> 00:43:33,200
Speaker 3: have fourteen maths credits at NCAA Level two before they

903
00:43:33,239 --> 00:43:36,280
Speaker 3: become a teacher. The Teacher Education Forum has some problems

904
00:43:36,280 --> 00:43:38,799
Speaker 3: with that. There Chief executive is doctor Rosina Mary and

905
00:43:38,840 --> 00:43:42,919
Speaker 3: with us. Now, hey, Rozina, what's the problem with new

906
00:43:42,960 --> 00:43:46,279
Speaker 3: teachers doing level two maths before they become teachers.

907
00:43:47,640 --> 00:43:51,560
Speaker 21: Well, it's quite a bigger complex picture than an issue

908
00:43:51,640 --> 00:43:54,680
Speaker 21: around doing level two. I mean, this is a very

909
00:43:54,719 --> 00:43:58,360
Speaker 21: significant change that will take some time to tick in.

910
00:43:59,080 --> 00:44:08,719
Speaker 21: It's then currently the universitarily enter requirement. Yeah, and it

911
00:44:08,719 --> 00:44:12,760
Speaker 21: does mean for providers and for people who are thinking

912
00:44:12,800 --> 00:44:16,600
Speaker 21: about becoming teachers, it's a significant shift. There is an

913
00:44:16,640 --> 00:44:21,719
Speaker 21: assumption that school leaders will already be thinking that they

914
00:44:21,760 --> 00:44:24,640
Speaker 21: want to become teachers and be really clear on the

915
00:44:24,800 --> 00:44:28,360
Speaker 21: level and the amount of credits they would need to

916
00:44:28,560 --> 00:44:32,360
Speaker 21: then be able to enter the profession, which clearly isn't correct,

917
00:44:32,360 --> 00:44:33,600
Speaker 21: and many many people.

918
00:44:33,320 --> 00:44:36,840
Speaker 3: Come the problem. I mean, I don't want somebody teaching

919
00:44:36,880 --> 00:44:39,600
Speaker 3: the kids who doesn't understand maths at that level, so good.

920
00:44:39,680 --> 00:44:42,040
Speaker 3: We should only have people who understand maths at that

921
00:44:42,120 --> 00:44:43,880
Speaker 3: level and if they've done it, they can be teachers.

922
00:44:43,920 --> 00:44:45,160
Speaker 3: And if they haven't, bugger off.

923
00:44:46,400 --> 00:44:48,919
Speaker 21: That's a much much bigger problem than that. And it's

924
00:44:48,960 --> 00:44:53,200
Speaker 21: a complex program process you have to think about. Teaching

925
00:44:53,360 --> 00:44:58,120
Speaker 21: is complex, it's messy, and we are not against working

926
00:44:58,320 --> 00:45:02,640
Speaker 21: with the teaching counsel to increase the level of entry requirements.

927
00:45:02,920 --> 00:45:07,520
Speaker 21: What we want is some time, a pause, some good evidence,

928
00:45:08,120 --> 00:45:11,759
Speaker 21: some consultation, to be able to work with our stakeholders

929
00:45:12,160 --> 00:45:12,759
Speaker 21: every day.

930
00:45:13,400 --> 00:45:15,680
Speaker 3: Every year that you guys put this off is another

931
00:45:15,719 --> 00:45:17,320
Speaker 3: year of kids not learning maths properly.

932
00:45:19,440 --> 00:45:22,959
Speaker 21: Well, that's actually not what some of our stakeholders would say,

933
00:45:23,000 --> 00:45:26,040
Speaker 21: and that learning maths is a much bigger problem than that.

934
00:45:26,320 --> 00:45:29,440
Speaker 21: And we're not suggesting we put it off. We're suggesting

935
00:45:29,560 --> 00:45:32,440
Speaker 21: slowing it down a little bit. The pace of change

936
00:45:32,480 --> 00:45:36,320
Speaker 21: for teachers and for the sector is huge. They're already

937
00:45:36,360 --> 00:45:40,440
Speaker 21: coping with new curriculum now our curriculum that's going to

938
00:45:40,440 --> 00:45:44,560
Speaker 21: be fast forwarded with structured literacy and numeracy. So we

939
00:45:44,680 --> 00:45:47,279
Speaker 21: need some really time to work through that and make

940
00:45:47,320 --> 00:45:51,400
Speaker 21: sure there are resources in place, good PD for teachers,

941
00:45:51,760 --> 00:45:55,440
Speaker 21: a whole lot of other things to actually make this successful.

942
00:45:55,560 --> 00:45:57,560
Speaker 3: Look, I have some sympathy for teachers. I realize it's

943
00:45:57,560 --> 00:46:00,160
Speaker 3: a lot of change fast, Rizina. Thank you, doctor is

944
00:46:00,239 --> 00:46:02,960
Speaker 3: in a married teacher Education Forum Chief Executive five twenty two.

945
00:46:03,600 --> 00:46:06,160
Speaker 1: The man you trust to get the answers you need.

946
00:46:06,360 --> 00:46:09,480
Speaker 1: Heather Dup to c allan drive with one New Zealand.

947
00:46:09,600 --> 00:46:11,720
Speaker 1: Let's get connected and news talk as.

948
00:46:11,520 --> 00:46:16,400
Speaker 3: They'd be teaching is complex, Well, host job is not complex.

949
00:46:16,440 --> 00:46:19,680
Speaker 3: Think teaching is complex. Try being an engineer. They need maths.

950
00:46:19,719 --> 00:46:21,759
Speaker 3: You've got to teach them the maths. So how about

951
00:46:21,760 --> 00:46:24,200
Speaker 3: we get on with that anyway, going for hours about us?

952
00:46:24,239 --> 00:46:25,520
Speaker 3: Can we five twenty five?

953
00:46:25,760 --> 00:46:25,920
Speaker 4: Now?

954
00:46:26,000 --> 00:46:28,480
Speaker 3: I was really really glad to hear Simeon Brown just

955
00:46:28,520 --> 00:46:31,440
Speaker 3: before actually articulating the problem, the real problem in the

956
00:46:31,560 --> 00:46:34,239
Speaker 3: energy sector with this crisis at the moment, because Shane

957
00:46:34,320 --> 00:46:36,840
Speaker 3: Jones is giving me a fright. Because when Shane Jones

958
00:46:36,880 --> 00:46:38,799
Speaker 3: was on this program on Tuesday and said that his

959
00:46:38,880 --> 00:46:41,440
Speaker 3: solution to the current energy crisis was to force the

960
00:46:41,520 --> 00:46:45,040
Speaker 3: power retailers to offer sweetheart deals to the mills in

961
00:46:45,120 --> 00:46:47,200
Speaker 3: regional New Zealand who are in trouble like they do

962
00:46:47,320 --> 00:46:51,040
Speaker 3: to t Y, I just assumed he was spitballing. He

963
00:46:51,120 --> 00:46:52,680
Speaker 3: was just making things up on the fly, just doing

964
00:46:52,719 --> 00:46:56,560
Speaker 3: some blue sky thinking, but because it was crazy. But

965
00:46:56,640 --> 00:46:59,000
Speaker 3: it turns out I was wrong. He's actually repeated it

966
00:46:59,040 --> 00:47:01,080
Speaker 3: again this morning. I mean, he actually thinks that this

967
00:47:01,160 --> 00:47:04,040
Speaker 3: is a solution. It is not a solution. I'm sure

968
00:47:04,040 --> 00:47:04,960
Speaker 3: it would help the mills.

969
00:47:04,960 --> 00:47:05,120
Speaker 12: Out.

970
00:47:05,120 --> 00:47:08,399
Speaker 3: Of course, subsidy always helps, doesn't it. But someone asks,

971
00:47:08,480 --> 00:47:11,000
Speaker 3: if there's a subsidy, someone's going to have to pay

972
00:47:11,040 --> 00:47:12,920
Speaker 3: for it, And the people who would be paying for

973
00:47:13,000 --> 00:47:17,160
Speaker 3: that is you and I the households, because FYI, in

974
00:47:17,239 --> 00:47:21,000
Speaker 3: case you didn't know, we are paying so that Tay

975
00:47:21,080 --> 00:47:25,520
Speaker 3: has got a subsidy. At the last estimation, you your household

976
00:47:25,880 --> 00:47:29,040
Speaker 3: is paying an extra two hundred dollars a year in

977
00:47:29,120 --> 00:47:31,520
Speaker 3: your power bill to make sure that Ty gets a

978
00:47:31,520 --> 00:47:34,240
Speaker 3: sweetheart deal with the power two hundred bucks just for Tey.

979
00:47:34,280 --> 00:47:36,319
Speaker 3: You want to roll that out to everybody, No, absolutely not.

980
00:47:36,600 --> 00:47:38,839
Speaker 3: We can't afford to subsidize these guys up and down

981
00:47:38,880 --> 00:47:40,719
Speaker 3: the country because if you think power prices are high

982
00:47:40,800 --> 00:47:43,920
Speaker 3: right now, they are about to be reset for us

983
00:47:44,239 --> 00:47:46,200
Speaker 3: in April next year, it's going to be a lot higher.

984
00:47:46,400 --> 00:47:48,040
Speaker 3: Never mind us helping the mills out as well. So

985
00:47:48,080 --> 00:47:51,080
Speaker 3: we better ditch that idea fast. I mean, I think

986
00:47:51,120 --> 00:47:54,120
Speaker 3: what he's trying to do here is that he's trying

987
00:47:54,160 --> 00:47:56,759
Speaker 3: to kind of find a bad guy and pin it

988
00:47:56,800 --> 00:47:58,920
Speaker 3: on the gent tailors. Make them the bad guy. We

989
00:47:58,920 --> 00:48:00,719
Speaker 3: can all hate them, so that you know the current

990
00:48:00,760 --> 00:48:02,640
Speaker 3: government's not the bad guy. But we all know the

991
00:48:02,680 --> 00:48:05,120
Speaker 3: current government's not the bad guy. We all know who

992
00:48:05,120 --> 00:48:07,680
Speaker 3: the bad guy is. Labor is the bad guy for

993
00:48:07,800 --> 00:48:10,279
Speaker 3: killing the gas industry, because that is our real problem here.

994
00:48:10,320 --> 00:48:14,080
Speaker 3: We do not have enough gas. Shane's plan, like Simeon's plan,

995
00:48:14,360 --> 00:48:16,000
Speaker 3: has got to be how to get more gas into

996
00:48:16,040 --> 00:48:18,800
Speaker 3: this country. Then maybe how we deal with some generation,

997
00:48:19,040 --> 00:48:21,480
Speaker 3: some extra generation, and then maybe somewhere down the line,

998
00:48:21,560 --> 00:48:23,719
Speaker 3: how to get the gentailers to price more fairly, but

999
00:48:23,800 --> 00:48:27,719
Speaker 3: never never to offer sweetheart deals to mills.

1000
00:48:28,120 --> 00:48:30,840
Speaker 4: Here the duplessy Ellen, do you think.

1001
00:48:30,600 --> 00:48:33,759
Speaker 3: That the faery drivers are just gonna continue smashing the

1002
00:48:33,800 --> 00:48:36,319
Speaker 3: fairies until they get new ones? Do you think that's

1003
00:48:36,360 --> 00:48:39,239
Speaker 3: what's going on here? Are they like really grumpy at

1004
00:48:39,320 --> 00:48:42,000
Speaker 3: Nicola because Nikola canceled the new fairies and so they're

1005
00:48:42,040 --> 00:48:44,200
Speaker 3: trying to wreck these like they're trying to find ways

1006
00:48:44,239 --> 00:48:47,640
Speaker 3: to wreck these ones really obviously, so that we hurry

1007
00:48:47,719 --> 00:48:49,200
Speaker 3: up and get the new ones. I just feel like

1008
00:48:49,239 --> 00:48:51,400
Speaker 3: we got a factor this in because otherwise it's incompetence

1009
00:48:51,440 --> 00:48:55,000
Speaker 3: and I'm struggling with that. Listen, Wellington City Council, speaking

1010
00:48:55,000 --> 00:48:58,640
Speaker 3: of incompetence, having another fight, aren't they in public? So

1011
00:48:58,920 --> 00:49:00,800
Speaker 3: we're gonna and they walked down of the council meeting.

1012
00:49:00,840 --> 00:49:02,360
Speaker 3: Will talk to them next news talk.

1013
00:49:05,160 --> 00:49:07,680
Speaker 1: On your smart speaker, on the iHeart app and in

1014
00:49:07,760 --> 00:49:08,440
Speaker 1: your car on.

1015
00:49:08,440 --> 00:49:09,200
Speaker 4: Your drive home.

1016
00:49:09,400 --> 00:49:12,480
Speaker 1: Hither dup to see allan drive with one New Zealand

1017
00:49:12,600 --> 00:49:14,600
Speaker 1: let's get connected and news talk z.

1018
00:49:14,800 --> 00:49:17,760
Speaker 4: Be take.

1019
00:49:24,840 --> 00:49:26,719
Speaker 3: Together as the next map. Teacher, I would like to

1020
00:49:26,719 --> 00:49:28,759
Speaker 3: point out that the teacher unions are only interested in

1021
00:49:28,800 --> 00:49:31,520
Speaker 3: protecting their members, not an actual student welfare Lucas. I

1022
00:49:31,520 --> 00:49:33,439
Speaker 3: would take it even further. I'd say they're not even

1023
00:49:33,520 --> 00:49:36,680
Speaker 3: necessarily interested in protecting their members. They're just interested in

1024
00:49:36,680 --> 00:49:40,719
Speaker 3: protecting themselves. There's a little distinction there that's probably not

1025
00:49:40,760 --> 00:49:42,680
Speaker 3: worth discussing now, but yeah, I take your point. I'm

1026
00:49:42,719 --> 00:49:45,319
Speaker 3: largely on board with you. Listen, all Birds is having

1027
00:49:45,360 --> 00:49:47,759
Speaker 3: a really tough time. They are at risk actually of

1028
00:49:47,800 --> 00:49:50,840
Speaker 3: being delisted from the Nasdaq because if you do not

1029
00:49:50,960 --> 00:49:53,560
Speaker 3: get if you if you're trading under a dollar, which

1030
00:49:53,600 --> 00:49:55,120
Speaker 3: they are at the moment, I think today they were

1031
00:49:55,120 --> 00:49:57,720
Speaker 3: sitting at sixty one cents, you get a little warning.

1032
00:49:57,760 --> 00:50:00,120
Speaker 3: They got a little warning, and then that's whole that

1033
00:50:00,160 --> 00:50:01,600
Speaker 3: they have to be able to trade. They have to

1034
00:50:01,600 --> 00:50:04,200
Speaker 3: trade above a dollar for ten days consecutively by the

1035
00:50:04,880 --> 00:50:07,960
Speaker 3: before September thirty, and it's not looking good and they've

1036
00:50:07,960 --> 00:50:09,920
Speaker 3: got another quarterly loss and stuff. I'll run you through

1037
00:50:09,920 --> 00:50:11,799
Speaker 3: the details later on. We'll talk to Greg Smith after

1038
00:50:11,800 --> 00:50:14,799
Speaker 3: six o'clock. Hudd All standing by, including talking about the

1039
00:50:14,840 --> 00:50:17,560
Speaker 3: maths in just to tick right now twenty three away from.

1040
00:50:17,520 --> 00:50:19,920
Speaker 4: Six forgever do for Sellen Now.

1041
00:50:20,080 --> 00:50:22,680
Speaker 3: Three Wellington City councilors have walked out of a council

1042
00:50:22,760 --> 00:50:26,440
Speaker 3: vote on those controversial raised pedestrian crossings. They were supposed

1043
00:50:26,480 --> 00:50:28,800
Speaker 3: to decide whether to reduce the number of raised crossings

1044
00:50:28,840 --> 00:50:30,840
Speaker 3: on Thorndon Key from five to two, but some of

1045
00:50:30,880 --> 00:50:34,200
Speaker 3: the councilors didn't like it, including Ben McNulty who walked out.

1046
00:50:34,719 --> 00:50:38,400
Speaker 13: I just feel fundamentally uncomfortable about playing role of traffic engineer,

1047
00:50:38,480 --> 00:50:39,600
Speaker 13: so I'm going to leave the room.

1048
00:50:40,040 --> 00:50:42,040
Speaker 3: And Diane Calvert was another one of the three who

1049
00:50:42,120 --> 00:50:44,719
Speaker 3: walked out, is with us, Now, Hey Diane, Diane, huh

1050
00:50:44,880 --> 00:50:46,480
Speaker 3: hi Heather, why do you walk out?

1051
00:50:47,480 --> 00:50:50,879
Speaker 21: Well, we've already tried to move an amendment saying look,

1052
00:50:50,880 --> 00:50:53,640
Speaker 21: we don't have enough information to make a decision. As

1053
00:50:53,719 --> 00:50:56,799
Speaker 21: Band pointed out, we are not traffic engineers. And there

1054
00:50:56,880 --> 00:50:59,200
Speaker 21: was seemed to be a bit of a beg youuty

1055
00:51:00,000 --> 00:51:03,759
Speaker 21: ambiguity sorry from NZTA. So we said, look, we don't

1056
00:51:03,760 --> 00:51:06,799
Speaker 21: have enough information to make a decision, and we wanted to,

1057
00:51:07,120 --> 00:51:08,640
Speaker 21: you know, sort of wait a couple of weeks ntil

1058
00:51:08,640 --> 00:51:12,000
Speaker 21: we could get that information. That was rejected and the

1059
00:51:12,200 --> 00:51:15,640
Speaker 21: chairperson had to have a casting vote because we were

1060
00:51:15,680 --> 00:51:20,279
Speaker 21: fifty to fifty and so basically that was rejected. That

1061
00:51:20,360 --> 00:51:23,240
Speaker 21: was voted down. So then we came to the main vote,

1062
00:51:23,520 --> 00:51:26,279
Speaker 21: which is basically just going to go ahead. And you know,

1063
00:51:26,320 --> 00:51:29,080
Speaker 21: at the end of the day, we had these recommendations

1064
00:51:29,080 --> 00:51:31,920
Speaker 21: put in front of us and we just didn't have

1065
00:51:31,960 --> 00:51:34,520
Speaker 21: the information. And on our council you've either got to

1066
00:51:34,560 --> 00:51:36,200
Speaker 21: vote yes, no or walk out.

1067
00:51:36,080 --> 00:51:40,319
Speaker 3: The room, Diane, Is the answer not obvious that you

1068
00:51:40,400 --> 00:51:43,040
Speaker 3: have to vote down? Like the fewer of these raised

1069
00:51:43,040 --> 00:51:45,600
Speaker 3: crossings you have, the better, because just the other day

1070
00:51:45,640 --> 00:51:48,359
Speaker 3: you had emergency services unable to get to somebody having

1071
00:51:48,360 --> 00:51:50,000
Speaker 3: a heart attack fast enough because they had too many

1072
00:51:50,040 --> 00:51:50,640
Speaker 3: of these things.

1073
00:51:51,239 --> 00:51:54,239
Speaker 21: Yeah, absolutely, when we don't need them, we don't need them.

1074
00:51:54,440 --> 00:52:00,279
Speaker 21: But the council's proposal was, well, since NZTA on Sunday them,

1075
00:52:00,360 --> 00:52:02,960
Speaker 21: we can at least do half of them. And that's

1076
00:52:03,320 --> 00:52:04,840
Speaker 21: it and it's wrong based.

1077
00:52:06,040 --> 00:52:08,320
Speaker 3: Are you like zero raised crossings?

1078
00:52:09,120 --> 00:52:11,960
Speaker 21: Yeah, I said that none of them have been proven

1079
00:52:12,000 --> 00:52:13,799
Speaker 21: to be you know, and if m z t A

1080
00:52:13,800 --> 00:52:16,200
Speaker 21: aren't finding any of them, I mean, that's got to

1081
00:52:16,200 --> 00:52:16,880
Speaker 21: tell you something.

1082
00:52:18,200 --> 00:52:20,640
Speaker 3: What's the outcome? What happened today? What was the vote then?

1083
00:52:21,360 --> 00:52:23,160
Speaker 21: So basically it was it was it was all. It

1084
00:52:23,200 --> 00:52:25,879
Speaker 21: was all pretty much predetermined because once they voted down

1085
00:52:26,080 --> 00:52:29,640
Speaker 21: our amendments, which was basically go back, give some information

1086
00:52:29,680 --> 00:52:33,880
Speaker 21: for men's at a talk to the local businesses about,

1087
00:52:34,200 --> 00:52:38,239
Speaker 21: you know, about what they actually wanted because they're seeing

1088
00:52:38,280 --> 00:52:41,160
Speaker 21: that road every day. But no, that was rejected. But

1089
00:52:41,200 --> 00:52:43,439
Speaker 21: it was only it was bloody lost by the chair

1090
00:52:43,560 --> 00:52:47,440
Speaker 21: having to do a casting vote. So the chair basically

1091
00:52:47,520 --> 00:52:50,240
Speaker 21: got two votes and everyone else one, so we lost

1092
00:52:50,239 --> 00:52:53,359
Speaker 21: that one. So it was basically going to go before

1093
00:52:54,040 --> 00:52:56,040
Speaker 21: you know, the final vote was basically it was it

1094
00:52:56,120 --> 00:52:59,040
Speaker 21: was a done deal. And if we stayed in the room, Yes,

1095
00:52:59,160 --> 00:53:02,239
Speaker 21: the chair what if I to use her casting voted game,

1096
00:53:02,320 --> 00:53:05,160
Speaker 21: But a good decision for something like this, it's not

1097
00:53:05,280 --> 00:53:08,680
Speaker 21: fifty fifty, as I said afterwards, we should get consensus

1098
00:53:08,719 --> 00:53:10,840
Speaker 21: on something or at least seventy five percent.

1099
00:53:12,400 --> 00:53:13,759
Speaker 3: I just need you. I just need you to do

1100
00:53:13,800 --> 00:53:15,760
Speaker 3: a little bit of a little bit of like inside

1101
00:53:15,760 --> 00:53:18,440
Speaker 3: work for me. There's some controversy about whether it's windy

1102
00:53:18,480 --> 00:53:19,680
Speaker 3: and Wellington today, is it?

1103
00:53:21,400 --> 00:53:24,759
Speaker 21: No, it's not. In fact, it's quite still. It's a

1104
00:53:24,760 --> 00:53:26,640
Speaker 21: bit great, but no, it's very still.

1105
00:53:27,160 --> 00:53:29,359
Speaker 3: Okay, Diane, thank you very much. So you go there,

1106
00:53:29,400 --> 00:53:33,800
Speaker 3: there you go still in Wellington, Diane Calvert, Wellington City councilor.

1107
00:53:34,080 --> 00:53:38,399
Speaker 1: The Huddle with New Zealand Southeby's International Realty Unparalleled reach

1108
00:53:38,560 --> 00:53:39,600
Speaker 1: and results.

1109
00:53:39,200 --> 00:53:40,880
Speaker 3: On the Huddle with Me this evening, Allie Jones of

1110
00:53:40,920 --> 00:53:43,440
Speaker 3: Red pr and Matt Heath, Hodaki's breakfast host, Hello, are

1111
00:53:43,440 --> 00:53:46,920
Speaker 3: you too good an day? Okay, So it's not windy

1112
00:53:46,960 --> 00:53:49,799
Speaker 3: and Wellington, which means key, we rouse explanation for why

1113
00:53:49,800 --> 00:53:52,960
Speaker 3: the fairy crashes bs? What's going on that?

1114
00:53:53,680 --> 00:53:54,239
Speaker 11: I don't know?

1115
00:53:55,040 --> 00:53:57,400
Speaker 2: I heard you saying before that you think that they're

1116
00:53:57,440 --> 00:53:59,680
Speaker 2: just ramming it into things to try and make their

1117
00:53:59,760 --> 00:54:01,800
Speaker 2: point that they need to replace you on You probably

1118
00:54:01,800 --> 00:54:04,160
Speaker 2: need a bit more evidence than just a speculation. And that,

1119
00:54:04,239 --> 00:54:06,520
Speaker 2: I mean, how does your career go once you've rammed

1120
00:54:06,520 --> 00:54:07,319
Speaker 2: a fairy at all?

1121
00:54:08,480 --> 00:54:11,239
Speaker 3: Theory is as good my explanation is as good as

1122
00:54:11,320 --> 00:54:14,399
Speaker 3: at Wellington and Windy. Allie, what are you reckons going

1123
00:54:14,400 --> 00:54:14,799
Speaker 3: on here?

1124
00:54:15,160 --> 00:54:15,319
Speaker 12: Well?

1125
00:54:15,400 --> 00:54:18,040
Speaker 22: I think that's not a bad explanation, actually, Heath. I mean,

1126
00:54:18,040 --> 00:54:19,759
Speaker 22: if you've got a crappy car, if you want to

1127
00:54:19,800 --> 00:54:21,640
Speaker 22: get rid of it, just dig it a few times

1128
00:54:21,680 --> 00:54:22,239
Speaker 22: and then you know.

1129
00:54:22,560 --> 00:54:23,879
Speaker 23: The rest is straightforward.

1130
00:54:23,960 --> 00:54:26,319
Speaker 3: Insurance job is that when you think it's going on,

1131
00:54:27,320 --> 00:54:28,160
Speaker 3: they could well be.

1132
00:54:28,239 --> 00:54:29,920
Speaker 2: That takes a bit of guards to ram a theory

1133
00:54:30,040 --> 00:54:32,919
Speaker 2: over your ideological beliefs into it. If that's the case,

1134
00:54:32,920 --> 00:54:35,360
Speaker 2: then I've got a slight amount of admiration for the Kepnet.

1135
00:54:35,560 --> 00:54:38,120
Speaker 3: Just ye the balls that's going on there? Hey, Allie,

1136
00:54:38,800 --> 00:54:41,040
Speaker 3: I would like my teachers. I'd like the teachers in

1137
00:54:41,080 --> 00:54:43,799
Speaker 3: this country to have done Level two maths. What about you.

1138
00:54:44,560 --> 00:54:46,640
Speaker 22: I'd like the teachers in this country to have done

1139
00:54:46,719 --> 00:54:49,680
Speaker 22: Level two English. I'd like the teachers in this country

1140
00:54:49,719 --> 00:54:51,840
Speaker 22: to do Level two on a number of things so

1141
00:54:51,920 --> 00:54:55,200
Speaker 22: that they were proficient in them. I'm actually in agreement

1142
00:54:55,840 --> 00:54:58,440
Speaker 22: with the Teaching Council here. I think that if you

1143
00:54:58,760 --> 00:55:03,520
Speaker 22: force a level to NCAA Level two maths pass if

1144
00:55:03,560 --> 00:55:04,719
Speaker 22: you like, then you.

1145
00:55:04,719 --> 00:55:06,880
Speaker 23: Need to do the same in the other areas. As well.

1146
00:55:07,360 --> 00:55:09,280
Speaker 22: I want my kids to be able to do maths,

1147
00:55:09,280 --> 00:55:11,000
Speaker 22: but I also want them to be able to communicate

1148
00:55:11,000 --> 00:55:12,920
Speaker 22: properly and understand the English language.

1149
00:55:13,160 --> 00:55:16,920
Speaker 3: Okay, So if we take take it to this logical conclusion,

1150
00:55:17,640 --> 00:55:20,000
Speaker 3: do you want to have level two for everything or

1151
00:55:20,000 --> 00:55:21,279
Speaker 3: do you just or do you not?

1152
00:55:22,080 --> 00:55:22,279
Speaker 12: Yeah?

1153
00:55:22,280 --> 00:55:23,920
Speaker 23: Well that's high. I did think about that.

1154
00:55:23,960 --> 00:55:26,400
Speaker 22: And look, I don't know what a reasonable level of

1155
00:55:26,440 --> 00:55:29,200
Speaker 22: teacher ability is to teach at a primary school level.

1156
00:55:29,239 --> 00:55:31,920
Speaker 23: I'm not a primary school teacher. It's been some years since.

1157
00:55:31,719 --> 00:55:35,680
Speaker 22: I was there myself, amazingly, So look, I would like

1158
00:55:35,719 --> 00:55:37,279
Speaker 22: to hear from someone as to what they think the

1159
00:55:37,280 --> 00:55:39,719
Speaker 22: reasonable level, you know, across those subjects is.

1160
00:55:40,000 --> 00:55:41,680
Speaker 23: I can't answer that, Heather, Yeah, what.

1161
00:55:41,600 --> 00:55:42,120
Speaker 3: Do you reckon that?

1162
00:55:42,400 --> 00:55:45,120
Speaker 2: I think some people in the education sector have coalition

1163
00:55:45,200 --> 00:55:47,960
Speaker 2: derangement syndrome. So anything that the government says, even if

1164
00:55:48,000 --> 00:55:50,080
Speaker 2: it's great and they normally agree with it, like teachers

1165
00:55:50,120 --> 00:55:52,920
Speaker 2: need to be good at teaching, they'll disagree with it.

1166
00:55:53,239 --> 00:55:55,879
Speaker 2: And you know what, all these people that say are

1167
00:55:55,920 --> 00:55:58,920
Speaker 2: experts in education, are they the people that are currently

1168
00:55:58,920 --> 00:56:01,680
Speaker 2: making the decisions? And is the current system that they've created,

1169
00:56:01,719 --> 00:56:03,759
Speaker 2: Because the system that we've got now doesn't seem to

1170
00:56:03,760 --> 00:56:04,840
Speaker 2: be that great, does it.

1171
00:56:05,080 --> 00:56:06,839
Speaker 3: No, that's a very good point. And you know, Ali,

1172
00:56:06,960 --> 00:56:10,359
Speaker 3: actually why would we I mean, why not have the

1173
00:56:10,360 --> 00:56:14,120
Speaker 3: most skilled of most available and skilled people teaching the

1174
00:56:14,160 --> 00:56:16,759
Speaker 3: primary school kids? Like, why not go for level two?

1175
00:56:17,480 --> 00:56:17,719
Speaker 6: Yeah?

1176
00:56:17,840 --> 00:56:21,040
Speaker 22: Okay, well level yeah, but if level two is the

1177
00:56:21,120 --> 00:56:24,000
Speaker 22: right level, you can't just unilaterally pluck a level out

1178
00:56:24,000 --> 00:56:25,560
Speaker 22: of the air and go Yeah, that's the one that

1179
00:56:25,640 --> 00:56:28,279
Speaker 22: I think is applicable. I don't know about that. You

1180
00:56:28,320 --> 00:56:30,080
Speaker 22: don't know about that. I'd love to hear from someone

1181
00:56:30,120 --> 00:56:32,279
Speaker 22: who does know about that. And of course we've got

1182
00:56:32,320 --> 00:56:34,600
Speaker 22: to have the best people. But you know, we all

1183
00:56:34,640 --> 00:56:37,120
Speaker 22: know people that like numbers, and do you want that

1184
00:56:37,239 --> 00:56:39,520
Speaker 22: to be the measure As far as the personality and

1185
00:56:39,560 --> 00:56:42,160
Speaker 22: diversity of the people teaching our kids, I don't.

1186
00:56:41,920 --> 00:56:43,960
Speaker 3: Really care about the personality and the diversity.

1187
00:56:44,880 --> 00:56:47,560
Speaker 22: So I know, I want someone to be inspirational. I

1188
00:56:47,600 --> 00:56:49,879
Speaker 22: want them to be able to communicate. Well, I want

1189
00:56:49,880 --> 00:56:52,920
Speaker 22: them to be nice.

1190
00:56:51,480 --> 00:56:54,759
Speaker 3: You have to be interested to Yeah, well, here's an

1191
00:56:54,840 --> 00:56:57,319
Speaker 3: argument for going for level two, Matt. At the moment,

1192
00:56:57,360 --> 00:56:59,319
Speaker 3: I think you only need something like ten credits at

1193
00:56:59,360 --> 00:57:02,120
Speaker 3: level one. That's obviously not enough. So let's go for

1194
00:57:02,120 --> 00:57:02,640
Speaker 3: a level two.

1195
00:57:02,840 --> 00:57:03,359
Speaker 12: Yeah. Sure.

1196
00:57:03,440 --> 00:57:05,200
Speaker 2: But that thing that you've got to have these amazing

1197
00:57:05,200 --> 00:57:07,359
Speaker 2: teachers that do all the stuff, it's the dead poet

1198
00:57:07,440 --> 00:57:09,160
Speaker 2: society thing. I never had a good teacher in the

1199
00:57:09,280 --> 00:57:11,120
Speaker 2: entire time I was there that aspired me.

1200
00:57:12,120 --> 00:57:13,480
Speaker 3: It looks where you are.

1201
00:57:13,840 --> 00:57:18,560
Speaker 2: I am in real I'm real brainy, I'm super real brainy.

1202
00:57:18,800 --> 00:57:20,840
Speaker 3: Yeah. Well, how did you manage if you didn't have

1203
00:57:20,840 --> 00:57:21,400
Speaker 3: good teachers?

1204
00:57:21,520 --> 00:57:23,960
Speaker 2: Well, I mean I had teachers that were that taught me,

1205
00:57:24,080 --> 00:57:27,080
Speaker 2: but I didn't have any with great personalities, particularly that

1206
00:57:27,160 --> 00:57:30,320
Speaker 2: were inspirational and made me wanting to perform a dead

1207
00:57:30,640 --> 00:57:33,520
Speaker 2: Poet society. Yeah, and scream up a DM at them.

1208
00:57:33,560 --> 00:57:35,320
Speaker 3: Yeah, fair enough. Okay, guys will take a break and

1209
00:57:35,360 --> 00:57:37,760
Speaker 3: come back very shortly at sixteen away from six Ali Jones,

1210
00:57:37,760 --> 00:57:38,360
Speaker 3: Matt Heath ow.

1211
00:57:38,280 --> 00:57:43,400
Speaker 1: Huddle the Huddle with New Zealand Southerby's International Realty exceptional

1212
00:57:43,440 --> 00:57:44,920
Speaker 1: marketing for every property.

1213
00:57:45,520 --> 00:57:47,000
Speaker 3: Right, You're back with a huddle, got Matt heath and

1214
00:57:47,080 --> 00:57:49,560
Speaker 3: Ali Jones. Matt, I reckon the Aussies have taken luxe

1215
00:57:49,600 --> 00:57:51,080
Speaker 3: and slur pretty well, haven't they?

1216
00:57:51,240 --> 00:57:53,439
Speaker 12: Yeah? Is it a slur?

1217
00:57:53,480 --> 00:57:56,439
Speaker 2: Haven't we been just making jokes about Australians for absolutely. Ever,

1218
00:57:56,600 --> 00:57:59,200
Speaker 2: and Joe, it's a joke, So people should stop pretending

1219
00:57:59,280 --> 00:58:01,280
Speaker 2: like it's not a joke and that you're not allowed

1220
00:58:01,280 --> 00:58:04,480
Speaker 2: to make jokes about Australians. It's a little brother making

1221
00:58:04,480 --> 00:58:05,520
Speaker 2: a joke about his big brother.

1222
00:58:05,560 --> 00:58:06,280
Speaker 4: It's fine.

1223
00:58:06,440 --> 00:58:08,360
Speaker 3: I've got a theory really that the reason got lots

1224
00:58:08,360 --> 00:58:09,760
Speaker 3: of theorist to now. I've got a theory that the

1225
00:58:09,800 --> 00:58:11,880
Speaker 3: reason that we make jokes about Australians is because we're

1226
00:58:11,880 --> 00:58:12,840
Speaker 3: actually jealous.

1227
00:58:12,520 --> 00:58:15,000
Speaker 23: Of them, Oh, Heather.

1228
00:58:15,320 --> 00:58:17,800
Speaker 3: Because they're richer than us, and they're more confident than us,

1229
00:58:17,880 --> 00:58:19,840
Speaker 3: and they're cooler than us, and their tans better.

1230
00:58:20,280 --> 00:58:23,720
Speaker 22: You really want that accent, I mean even just the accent.

1231
00:58:23,800 --> 00:58:26,840
Speaker 22: It's just, oh, my dear god. No, I think that

1232
00:58:27,600 --> 00:58:30,480
Speaker 22: he's right. This is almost you know, I write a

1233
00:58:30,520 --> 00:58:34,320
Speaker 22: passage you make jokes where competitive take the mickey, So

1234
00:58:34,560 --> 00:58:37,240
Speaker 22: put that aside. I do think it was silly and

1235
00:58:37,320 --> 00:58:41,880
Speaker 22: unnecessary removing today from that invitation. I mean, just put

1236
00:58:41,920 --> 00:58:46,120
Speaker 22: the English in brackets. But it's a bit tone deaf,

1237
00:58:46,120 --> 00:58:48,040
Speaker 22: and again it's created and I.

1238
00:58:48,040 --> 00:58:50,080
Speaker 3: Don't even reckon you need to put the English in brackets.

1239
00:58:50,160 --> 00:58:52,280
Speaker 3: I mean, everybody knows when you get an invitation, the

1240
00:58:52,320 --> 00:58:56,400
Speaker 3: first few words be they killeder or a loha or gooday,

1241
00:58:56,560 --> 00:59:00,600
Speaker 3: just mean hello the last few words before commer Goldsmith

1242
00:59:00,680 --> 00:59:03,360
Speaker 3: mean by and come on outseiet or you know what

1243
00:59:03,360 --> 00:59:04,200
Speaker 3: that means? Right he did?

1244
00:59:04,440 --> 00:59:08,720
Speaker 22: No, I know, you be consistent and as I agree

1245
00:59:08,760 --> 00:59:10,480
Speaker 22: with lux and I think they need all the help

1246
00:59:10,520 --> 00:59:12,800
Speaker 22: that they can get, and I think putting it in

1247
00:59:12,960 --> 00:59:16,320
Speaker 22: English is absolutely the you know, the least you could do.

1248
00:59:16,520 --> 00:59:19,080
Speaker 23: What's really stupid about this, Heather is I.

1249
00:59:19,040 --> 00:59:22,320
Speaker 22: Mean this was an invitation to an event marking the

1250
00:59:22,320 --> 00:59:23,520
Speaker 22: start of marin New Year.

1251
00:59:23,880 --> 00:59:25,400
Speaker 23: I mean, could you be more tone deaf?

1252
00:59:26,720 --> 00:59:26,959
Speaker 12: Yeah?

1253
00:59:27,040 --> 00:59:29,680
Speaker 2: I mean it's interesting that people think that you do

1254
00:59:29,840 --> 00:59:33,760
Speaker 2: read invitations between governments like it's not handed to them

1255
00:59:33,800 --> 00:59:36,200
Speaker 2: by someone underneath them that tells them what's going on.

1256
00:59:36,320 --> 00:59:38,320
Speaker 2: Like he's sitting there going what is this?

1257
00:59:38,640 --> 00:59:41,080
Speaker 3: Where is this going to this? If you get an advertation,

1258
00:59:41,360 --> 00:59:41,760
Speaker 3: understand it.

1259
00:59:41,920 --> 00:59:42,120
Speaker 12: Yeah.

1260
00:59:42,120 --> 00:59:44,200
Speaker 3: The only thing you look at is who it's from,

1261
00:59:44,360 --> 00:59:46,040
Speaker 3: what it's to, and what the date is in the

1262
00:59:46,080 --> 00:59:46,600
Speaker 3: start time.

1263
00:59:47,400 --> 00:59:49,640
Speaker 2: And it just didn't arrive on its own, like in

1264
00:59:49,720 --> 00:59:51,640
Speaker 2: vacuum and you open it, what's this that there would

1265
00:59:51,640 --> 00:59:53,400
Speaker 2: have been a call to doing any discussion. There will

1266
00:59:53,440 --> 00:59:56,560
Speaker 2: be some organization about it. So I'm sure it's.

1267
00:59:56,520 --> 01:00:00,000
Speaker 22: I think you're assuming. I think you're assuming more actually

1268
01:00:00,200 --> 01:00:02,880
Speaker 22: to happen. I suspect that it goes straight into a diary.

1269
01:00:03,040 --> 01:00:05,640
Speaker 22: I don't think that the actual person that's been invited

1270
01:00:05,680 --> 01:00:06,920
Speaker 22: ever gets to see the invitation.

1271
01:00:07,040 --> 01:00:08,800
Speaker 2: Yeah, well exactly, that's exactly what I'm saying. I don't

1272
01:00:08,800 --> 01:00:10,640
Speaker 2: think it even I don't think that they're making a

1273
01:00:10,640 --> 01:00:13,320
Speaker 2: decision based on reading the invitation.

1274
01:00:13,640 --> 01:00:16,800
Speaker 3: So I said just exactly what Ali said at the

1275
01:00:16,840 --> 01:00:18,959
Speaker 3: start of the program, Matt, which was that he should

1276
01:00:19,000 --> 01:00:20,720
Speaker 3: never have taken out his cause to all kinds of trouble.

1277
01:00:20,800 --> 01:00:22,360
Speaker 3: He didn't need. It was just a silly thing to do.

1278
01:00:22,400 --> 01:00:24,280
Speaker 3: And I have been called woke as a result, I

1279
01:00:24,400 --> 01:00:26,240
Speaker 3: have you, which I think we all knew that I

1280
01:00:26,360 --> 01:00:28,320
Speaker 3: was woke. Though, what's your take on it?

1281
01:00:28,480 --> 01:00:29,200
Speaker 11: Well, I don't know.

1282
01:00:29,240 --> 01:00:30,520
Speaker 2: I mean, I don't think this as big as an

1283
01:00:30,680 --> 01:00:34,160
Speaker 2: issue as anyone's making it. But does seem like he's

1284
01:00:34,440 --> 01:00:36,640
Speaker 2: making problems for himself that he didn't need to make.

1285
01:00:36,880 --> 01:00:40,040
Speaker 3: Blood Ali seems like a bad idea to have walked

1286
01:00:40,040 --> 01:00:42,600
Speaker 3: out of that council meeting today because, by my calculations,

1287
01:00:42,600 --> 01:00:45,360
Speaker 3: if Diane Calvin and Ben MacNulty and whoever in Wellington

1288
01:00:45,400 --> 01:00:47,000
Speaker 3: had stayed there, they would have won the vote.

1289
01:00:48,720 --> 01:00:50,440
Speaker 22: No, I don't know whether that's the case hearing what

1290
01:00:50,480 --> 01:00:52,520
Speaker 22: Diane said before. And the other thing that I found

1291
01:00:52,600 --> 01:00:54,840
Speaker 22: interesting from what she said here, and this might be

1292
01:00:54,880 --> 01:00:58,160
Speaker 22: in the standing orders for the Wellington City Council, it's

1293
01:00:58,160 --> 01:01:01,520
Speaker 22: certainly not in the standing orders for christ She was saying.

1294
01:01:01,280 --> 01:01:04,560
Speaker 23: That you either vote yes, no or walk out.

1295
01:01:04,800 --> 01:01:06,600
Speaker 22: Now, what you can do in christ Church is you

1296
01:01:06,640 --> 01:01:09,600
Speaker 22: can vote yes no, or you can abstain. Now, what

1297
01:01:09,640 --> 01:01:12,320
Speaker 22: I'd really like to know from her is the abstention

1298
01:01:12,520 --> 01:01:15,480
Speaker 22: not an is not an option in Wellington. And do

1299
01:01:15,640 --> 01:01:18,360
Speaker 22: you have to walk out? So look until she answers

1300
01:01:18,400 --> 01:01:20,080
Speaker 22: that I can't. I mean, on the face of it, it

1301
01:01:20,080 --> 01:01:22,120
Speaker 22: looks childish walking out. But if it's actually part of

1302
01:01:22,120 --> 01:01:24,880
Speaker 22: the standing orders that you have no choice, then well

1303
01:01:24,960 --> 01:01:25,720
Speaker 22: they had no choice.

1304
01:01:25,720 --> 01:01:26,560
Speaker 23: But I'd like to know that.

1305
01:01:27,120 --> 01:01:29,160
Speaker 3: Slam dunk, isn't it, Matt. If you have a choice

1306
01:01:29,160 --> 01:01:31,840
Speaker 3: of raised poducer and crossing or not, the answer.

1307
01:01:31,560 --> 01:01:33,480
Speaker 2: Is always not, oh yeah, absolutely got to get rid

1308
01:01:33,520 --> 01:01:36,240
Speaker 2: of the terrible Absolutely, But it would seem funny if

1309
01:01:36,240 --> 01:01:38,760
Speaker 2: you your options were yes, no, or you actually have

1310
01:01:38,840 --> 01:01:42,400
Speaker 2: to physically walk out you don't just say abstained like

1311
01:01:42,400 --> 01:01:44,280
Speaker 2: we need to check this, check this out, because if

1312
01:01:44,280 --> 01:01:46,440
Speaker 2: you actually have to stand up and then it's strange.

1313
01:01:46,480 --> 01:01:48,080
Speaker 2: Will see little knaves of voice saying.

1314
01:01:48,520 --> 01:01:51,840
Speaker 3: I happen to have that information about walking out, Then.

1315
01:01:52,000 --> 01:01:54,440
Speaker 2: That seems like the system that they could probably streamline

1316
01:01:54,440 --> 01:01:54,840
Speaker 2: a little bit.

1317
01:01:54,960 --> 01:01:56,680
Speaker 3: I agree with you, guys. Listen, it was wonderful to

1318
01:01:56,680 --> 01:01:58,520
Speaker 3: have you on. Thank you so much, Matt. Matt, I

1319
01:01:58,600 --> 01:02:01,400
Speaker 3: finished your book. Oh did you I really enjoyed it.

1320
01:02:01,480 --> 01:02:02,520
Speaker 2: Oh, thank you for saying that.

1321
01:02:02,720 --> 01:02:04,200
Speaker 3: Are you just constantly zen?

1322
01:02:04,680 --> 01:02:07,360
Speaker 2: Oh yeah, I'm a pretty chill guy. Yeah, amazing. No,

1323
01:02:07,400 --> 01:02:10,320
Speaker 2: not at all. But I aspire to be more children

1324
01:02:10,400 --> 01:02:10,720
Speaker 2: all of my.

1325
01:02:10,800 --> 01:02:13,760
Speaker 3: Stuff that you because it's very handy stuff like count

1326
01:02:13,760 --> 01:02:16,040
Speaker 3: to ten before you have a tantrum at child, which

1327
01:02:16,120 --> 01:02:19,160
Speaker 3: I could have done with last night, frankly, et cetera,

1328
01:02:19,200 --> 01:02:21,000
Speaker 3: et cetera. You're still putting into practice.

1329
01:02:21,040 --> 01:02:25,200
Speaker 2: Oh yeah, absolutely. It's an ideal to aim for. You know,

1330
01:02:25,200 --> 01:02:27,680
Speaker 2: it's a north star and if you get there more

1331
01:02:27,680 --> 01:02:30,000
Speaker 2: often than you're not, they're not than you're winning in life,

1332
01:02:30,040 --> 01:02:30,480
Speaker 2: I believe.

1333
01:02:30,640 --> 01:02:32,240
Speaker 3: Oh, thank you. Oh well, it's a really good book,

1334
01:02:32,280 --> 01:02:34,040
Speaker 3: highly recommended. I'm going to buy it for the husband

1335
01:02:34,040 --> 01:02:35,600
Speaker 3: because I'm trying to get him to count to ten

1336
01:02:35,640 --> 01:02:36,160
Speaker 3: as well.

1337
01:02:36,120 --> 01:02:40,120
Speaker 2: Say the name of it. Heather Lifeless Punishing Thirteen ways

1338
01:02:40,120 --> 01:02:41,439
Speaker 2: to love your life You've Got by.

1339
01:02:41,320 --> 01:02:44,520
Speaker 3: Matte life Less Punishing Thirteen Ways to love the life

1340
01:02:44,520 --> 01:02:46,880
Speaker 3: that You've got by Matt Peete. I will just say

1341
01:02:47,200 --> 01:02:49,280
Speaker 3: there are a lot of your friends who've written all

1342
01:02:49,280 --> 01:02:51,400
Speaker 3: the little bits on it, like Jeremy Wells and Ursula

1343
01:02:51,480 --> 01:02:53,160
Speaker 3: Carlson and Karen Reid.

1344
01:02:53,240 --> 01:02:55,520
Speaker 2: So would you do one? Would you do a little

1345
01:02:55,560 --> 01:02:58,120
Speaker 2: line for the next edition? Yes, the six editions coming

1346
01:02:58,120 --> 01:03:00,120
Speaker 2: out soon, and I get your recommendation on it.

1347
01:03:00,240 --> 01:03:03,720
Speaker 3: Look yeah, sure, I mean to be in the same

1348
01:03:03,760 --> 01:03:07,040
Speaker 3: company as Karen Read. I will thank you anyway you go, well,

1349
01:03:07,040 --> 01:03:09,560
Speaker 3: look after yourself. That's Matt Heath of Hodaki and obviously

1350
01:03:09,600 --> 01:03:12,080
Speaker 3: Alie Jones of fred Power Huddle. This evening ate away from.

1351
01:03:12,000 --> 01:03:15,600
Speaker 1: Six upon your smart speaker, on the iHeart app and

1352
01:03:15,760 --> 01:03:18,960
Speaker 1: in your car on your drive home Heather Duplice Allen

1353
01:03:19,080 --> 01:03:23,000
Speaker 1: Drive with one New zealand one giant Leap for business

1354
01:03:23,320 --> 01:03:25,400
Speaker 1: News talk as it be hi Hea.

1355
01:03:25,440 --> 01:03:27,240
Speaker 3: The more importantly, was there a speed bump the hat

1356
01:03:27,240 --> 01:03:29,360
Speaker 3: to negotiate as they walked out of the council room. Listen,

1357
01:03:29,400 --> 01:03:31,680
Speaker 3: not hey, you what this is not even the end

1358
01:03:32,120 --> 01:03:34,600
Speaker 3: of the stupid stories about traffic out of Wellington. There

1359
01:03:34,680 --> 01:03:37,040
Speaker 3: is an absolute pearler. I've got to tell you before

1360
01:03:37,040 --> 01:03:40,640
Speaker 3: this program's out, so stick around for that. Now. The

1361
01:03:41,240 --> 01:03:43,760
Speaker 3: Ossie minister who was supposed to be getting this Matitaki

1362
01:03:44,520 --> 01:03:47,760
Speaker 3: invitation that Paul Goldsmith had demorried right by taking out

1363
01:03:47,800 --> 01:03:50,800
Speaker 3: ten quare, Knukuna nah and altier so that the Ossie

1364
01:03:50,800 --> 01:03:53,440
Speaker 3: could understand it. He has spoken to the media today.

1365
01:03:53,480 --> 01:03:56,360
Speaker 3: This guy's name is Tony Burke. He says he actually

1366
01:03:56,360 --> 01:03:58,920
Speaker 3: did know what what else heer all meant because he

1367
01:03:59,000 --> 01:04:00,920
Speaker 3: learned it back in nineteen eighty two by listening to

1368
01:04:01,000 --> 01:04:03,120
Speaker 3: six Months in a Leaky Boat by split ends.

1369
01:04:08,920 --> 01:04:09,479
Speaker 1: Right there.

1370
01:04:09,520 --> 01:04:09,800
Speaker 24: It is.

1371
01:04:10,200 --> 01:04:14,520
Speaker 3: Everybody's like, that's basically all of Australasia knows because they sang.

1372
01:04:20,760 --> 01:04:22,520
Speaker 3: What do you think Paul Goldsmith's going to do now

1373
01:04:22,520 --> 01:04:24,480
Speaker 3: that he knows that it's in the song because he

1374
01:04:24,560 --> 01:04:26,640
Speaker 3: is the Arts and Culture Minister, is he going to

1375
01:04:26,680 --> 01:04:28,840
Speaker 3: try and take it out of the song? Better not listen?

1376
01:04:28,840 --> 01:04:30,720
Speaker 3: Doesn't look like the OSSI's, as I said earlier on

1377
01:04:30,800 --> 01:04:32,440
Speaker 3: actually give two hoots about it, right, so I was

1378
01:04:32,480 --> 01:04:35,320
Speaker 3: on six PR Perth where our mate Oli Peterson works.

1379
01:04:35,520 --> 01:04:36,960
Speaker 3: They called me out this can can you come on

1380
01:04:37,000 --> 01:04:39,840
Speaker 3: and talk about it? Like fine, any opportunity to chat?

1381
01:04:40,920 --> 01:04:43,240
Speaker 3: And then after me they had this political panel and

1382
01:04:43,280 --> 01:04:44,800
Speaker 3: like I had a couple of politicians. So we kept

1383
01:04:44,840 --> 01:04:46,880
Speaker 3: on listening and we kept the tape rolling and so

1384
01:04:47,120 --> 01:04:48,720
Speaker 3: this is what they think about it, right. One of

1385
01:04:48,760 --> 01:04:53,040
Speaker 3: the politicians, Andrew Hastings, actually doesn't believe that key Wees

1386
01:04:53,160 --> 01:04:54,600
Speaker 3: really think that Ossie's are simple?

1387
01:04:54,640 --> 01:04:58,400
Speaker 17: Obviously, Why are so many New Zealanders about to come

1388
01:04:58,440 --> 01:05:01,439
Speaker 17: stray citizens? I think it's like just under four hundred

1389
01:05:01,480 --> 01:05:04,040
Speaker 17: thousand kiwis about to come a stray and citizens. If

1390
01:05:04,080 --> 01:05:05,800
Speaker 17: we were so simple, why would you want to join us?

1391
01:05:06,040 --> 01:05:08,280
Speaker 3: Well, what I found written because he's on point right,

1392
01:05:08,320 --> 01:05:10,160
Speaker 3: we don't actually think this is why we all want

1393
01:05:10,160 --> 01:05:12,280
Speaker 3: to be Australians and we're really jealous of them. We

1394
01:05:12,280 --> 01:05:14,640
Speaker 3: would like to live there. The other politician I thought

1395
01:05:14,800 --> 01:05:17,480
Speaker 3: he said was really interesting because his name is Matt Keoh.

1396
01:05:17,920 --> 01:05:21,680
Speaker 3: He thinks Paul Goldsmith is onto something taking out unnecessary

1397
01:05:21,840 --> 01:05:23,920
Speaker 3: non English words because he actually came to New Zealand

1398
01:05:23,960 --> 01:05:24,640
Speaker 3: and sword.

1399
01:05:24,400 --> 01:05:26,720
Speaker 25: In action when I was there last year. I was

1400
01:05:26,760 --> 01:05:29,880
Speaker 25: there with Peter Khalil, the member for Wheel's the charity,

1401
01:05:29,880 --> 01:05:32,080
Speaker 25: the Intelligence Committee and a few others and in one

1402
01:05:32,080 --> 01:05:35,360
Speaker 25: meeting we had a two to three minute introduction in

1403
01:05:35,520 --> 01:05:40,640
Speaker 25: Maury spoken by a bloke who clearly wasn't Mary and

1404
01:05:40,680 --> 01:05:43,960
Speaker 25: who was stumbling his way through it. So you know,

1405
01:05:44,920 --> 01:05:46,600
Speaker 25: I get the point we need to respect for the

1406
01:05:47,040 --> 01:05:52,000
Speaker 25: first nation's languages. But you know, I think always the

1407
01:05:52,080 --> 01:05:55,560
Speaker 25: clarity is important and we all speaking this year, that's

1408
01:05:55,560 --> 01:05:56,440
Speaker 25: what we should strive for.

1409
01:05:56,520 --> 01:05:56,680
Speaker 13: Now.

1410
01:05:56,720 --> 01:05:59,080
Speaker 3: I know what you're thinking. You're thinking that Matt koh

1411
01:06:00,640 --> 01:06:03,760
Speaker 3: right wing racist. Oh no, mat Key O's from the

1412
01:06:03,800 --> 01:06:06,600
Speaker 3: Labor Party. So the Australian from the Labor Party sitting

1413
01:06:06,640 --> 01:06:09,240
Speaker 3: there watching the guy doing the Mardy that he can't speak,

1414
01:06:09,280 --> 01:06:12,240
Speaker 3: thinking this is embarrassing. You shouldn't be doing that anyway.

1415
01:06:12,280 --> 01:06:14,200
Speaker 3: Listen on that asb call to get the rate cut.

1416
01:06:14,240 --> 01:06:15,880
Speaker 3: Next week we have a chat to Liam down about that.

1417
01:06:15,880 --> 01:06:18,000
Speaker 3: But first let's deal with all birds and what's going

1418
01:06:18,040 --> 01:06:20,080
Speaker 3: wrong for these guys straight after the news.

1419
01:06:22,680 --> 01:06:24,600
Speaker 12: Lave or hanging out the party.

1420
01:06:30,360 --> 01:06:34,040
Speaker 1: We're Business and Insight the Business Hour.

1421
01:06:34,320 --> 01:06:36,840
Speaker 4: We're the head the duple. Cy Ellen and my Hr

1422
01:06:37,160 --> 01:06:38,200
Speaker 4: on News Talks at b.

1423
01:06:40,640 --> 01:06:43,040
Speaker 3: Even in coming up in the next hour. Asb as

1424
01:06:43,080 --> 01:06:45,200
Speaker 3: I told you earlier, is now also picking a rate

1425
01:06:45,280 --> 01:06:47,560
Speaker 3: cup next week. Third bank to do that. Liam down

1426
01:06:47,560 --> 01:06:50,360
Speaker 3: on that shortly around the market crash. The question is

1427
01:06:50,360 --> 01:06:51,960
Speaker 3: is there more to come or are we through it?

1428
01:06:51,960 --> 01:06:54,600
Speaker 3: We'll talk to Sam Dickey and has the milk price

1429
01:06:54,680 --> 01:06:57,520
Speaker 3: turned in the right way? Jamie McKay on that very

1430
01:06:57,560 --> 01:07:00,240
Speaker 3: shortly right now at a seven past six. Now more

1431
01:07:00,240 --> 01:07:03,400
Speaker 3: bad news for former market darling. All Birds, the eco

1432
01:07:03,400 --> 01:07:06,320
Speaker 3: friendly shoemaker, which was co founded obviously by former All

1433
01:07:06,320 --> 01:07:08,800
Speaker 3: White Tim Brown, has posted a net loss of nineteen

1434
01:07:08,880 --> 01:07:11,600
Speaker 3: million US dollars for the second quarter this year. All

1435
01:07:11,640 --> 01:07:14,600
Speaker 3: Birds shares were trading at almost thirty US bucks each

1436
01:07:14,640 --> 01:07:17,320
Speaker 3: when the company listed on the Nasdaq three years ago.

1437
01:07:17,360 --> 01:07:20,000
Speaker 3: They're now worth less than a dollar. Greg Smith is

1438
01:07:20,040 --> 01:07:22,280
Speaker 3: the head of retail at Devin Funds Management and with us.

1439
01:07:22,240 --> 01:07:23,360
Speaker 4: Hey, Greg, Hi, Heather.

1440
01:07:23,480 --> 01:07:24,840
Speaker 3: Are they going to be forced a dlist?

1441
01:07:25,560 --> 01:07:28,000
Speaker 13: Well, that's the sort of the latest sort of risk.

1442
01:07:28,200 --> 01:07:31,520
Speaker 13: I suppose the Nazets issued them. I noticed since notice

1443
01:07:31,520 --> 01:07:34,600
Speaker 13: that they've traded below the dollar mark for thirty days,

1444
01:07:34,640 --> 01:07:37,360
Speaker 13: so they've basically got to the end of September to

1445
01:07:38,040 --> 01:07:40,840
Speaker 13: get it above a dollar for ten consecutive business dates.

1446
01:07:40,880 --> 01:07:41,880
Speaker 13: So the clock is ticking.

1447
01:07:41,960 --> 01:07:43,520
Speaker 11: But you know, they.

1448
01:07:43,360 --> 01:07:45,920
Speaker 13: Could actually request an extension of up to six months,

1449
01:07:46,080 --> 01:07:48,000
Speaker 13: and there's actually a way they can engineer it by

1450
01:07:48,360 --> 01:07:51,520
Speaker 13: doing reverse stock splits. So but I think they've got

1451
01:07:51,520 --> 01:07:53,760
Speaker 13: bigger problems than the dlisting.

1452
01:07:53,920 --> 01:07:55,160
Speaker 3: Yeah, what are the bigger problems?

1453
01:07:55,280 --> 01:07:56,919
Speaker 13: Well, look, when you look at I think it's really

1454
01:07:56,920 --> 01:07:59,800
Speaker 13: been a victim of its own high. As you pointed out,

1455
01:08:00,400 --> 01:08:03,960
Speaker 13: listed at the peak of the pandemic late twenty twenty one.

1456
01:08:04,040 --> 01:08:06,600
Speaker 13: Consumer brands are in fashion. You know, had the eco

1457
01:08:07,160 --> 01:08:10,400
Speaker 13: friendly company footwear story to tell people love the love

1458
01:08:10,440 --> 01:08:12,640
Speaker 13: the story. You know, Obama he was wearing will Runners

1459
01:08:12,680 --> 01:08:16,160
Speaker 13: Liano Leonardo DiCaprio. He was an early investor. Time dubbed

1460
01:08:16,160 --> 01:08:18,280
Speaker 13: at the most comfortable shoe in the world. It was

1461
01:08:18,320 --> 01:08:20,160
Speaker 13: crazy when you think about it. You know, the valuation

1462
01:08:20,200 --> 01:08:23,080
Speaker 13: in the company was over four billion US dollars. The

1463
01:08:23,160 --> 01:08:25,559
Speaker 13: year before, they'd made just two hundred million in sales.

1464
01:08:25,840 --> 01:08:28,320
Speaker 13: You fast forward four years, they're still around about two

1465
01:08:28,400 --> 01:08:31,200
Speaker 13: hundred million in sales. So the call fact that dissipated

1466
01:08:31,560 --> 01:08:34,639
Speaker 13: are they expanded overseas. That was expensive. Brooks and Watar

1467
01:08:34,640 --> 01:08:37,400
Speaker 13: stores competitors, and then we've had a cost of living

1468
01:08:37,439 --> 01:08:41,439
Speaker 13: crisis and the company doesn't discount. So yeah, it's a reading.

1469
01:08:41,560 --> 01:08:43,240
Speaker 13: One hundred and fifty million dollars is what the company

1470
01:08:43,320 --> 01:08:46,439
Speaker 13: lost twenty twenty three, and as you point out, the

1471
01:08:46,479 --> 01:08:48,800
Speaker 13: valuation has fallen and if you can invested, the peak

1472
01:08:48,800 --> 01:08:50,920
Speaker 13: could be down around him at ninety eight percent. But

1473
01:08:51,439 --> 01:08:53,080
Speaker 13: they have a new CEO and he has a plan.

1474
01:08:53,640 --> 01:08:56,400
Speaker 3: Yeah. Now on that new CEO, right, he's one of

1475
01:08:56,439 --> 01:09:00,160
Speaker 3: the so called traditional executives that they've brought in. Have

1476
01:09:00,200 --> 01:09:02,080
Speaker 3: also fired a whole bunch of people. They shut a

1477
01:09:02,120 --> 01:09:04,599
Speaker 3: bunch of shops. Is this showing any signs of working?

1478
01:09:05,320 --> 01:09:07,760
Speaker 13: It's actually showing some margin and prement, but it's a

1479
01:09:07,840 --> 01:09:10,040
Speaker 13: long way back, and you know that that top line

1480
01:09:10,479 --> 01:09:12,680
Speaker 13: is never going to eventuate how it was imagined. So

1481
01:09:13,000 --> 01:09:14,400
Speaker 13: all he can do is work with what he's got.

1482
01:09:14,520 --> 01:09:17,479
Speaker 13: So what they're doing really is closing underperforming stores. In

1483
01:09:17,520 --> 01:09:21,400
Speaker 13: the US, they're closing up to fourteen this year. Offshore

1484
01:09:21,479 --> 01:09:24,439
Speaker 13: markets are moving to a distributed model, which is less

1485
01:09:24,479 --> 01:09:28,960
Speaker 13: costly than obviously having their own stores, and they're just

1486
01:09:29,000 --> 01:09:31,479
Speaker 13: having direct markets. In the US, UK and EU, the

1487
01:09:32,120 --> 01:09:34,559
Speaker 13: shifted their factories that's a bit cheaper the factories in

1488
01:09:34,680 --> 01:09:38,120
Speaker 13: Vietnam there as well. They're still not discounting, so yeah,

1489
01:09:38,120 --> 01:09:39,240
Speaker 13: they can be a bit of a here when we

1490
01:09:39,280 --> 01:09:42,000
Speaker 13: have got a cost of living crisis, and yeah, consumers

1491
01:09:42,000 --> 01:09:42,840
Speaker 13: are feeling the pinch.

1492
01:09:43,240 --> 01:09:43,960
Speaker 4: And you look at the.

1493
01:09:43,880 --> 01:09:47,599
Speaker 13: Top line revenues down twenty seven percent at the last

1494
01:09:47,680 --> 01:09:49,720
Speaker 13: quarter on a year ago. Listen to the earning call

1495
01:09:50,280 --> 01:09:54,040
Speaker 13: and management still talking about telling a story to consumers,

1496
01:09:54,080 --> 01:09:56,320
Speaker 13: which I thought was somewhat ironic. They've got some new

1497
01:09:56,360 --> 01:09:59,560
Speaker 13: brands coming. They actually have stopped the pace of the

1498
01:09:59,840 --> 01:10:02,400
Speaker 13: new brands that are coming, but they have got the tree Glider.

1499
01:10:02,479 --> 01:10:05,080
Speaker 13: They're doing things of a few new colors as well.

1500
01:10:05,760 --> 01:10:08,080
Speaker 13: But yet it is a long road back, and you know,

1501
01:10:08,120 --> 01:10:09,559
Speaker 13: we are not going to get back to that four

1502
01:10:09,600 --> 01:10:12,599
Speaker 13: billion valuation, probably not in the next sort of fifty

1503
01:10:12,680 --> 01:10:13,880
Speaker 13: years anyway.

1504
01:10:13,640 --> 01:10:16,600
Speaker 3: Oh great fifty years. Okay. I mean, listen, if what

1505
01:10:16,800 --> 01:10:20,240
Speaker 3: made them so wealthy, so valuable was the fact that

1506
01:10:20,280 --> 01:10:23,320
Speaker 3: they were in it shoe, and when they're not in itshoe,

1507
01:10:23,400 --> 01:10:25,080
Speaker 3: it's not working for them, does that mean that that

1508
01:10:25,200 --> 01:10:26,880
Speaker 3: is the key they need to be cool again.

1509
01:10:27,520 --> 01:10:29,400
Speaker 13: Yeah, and then we were seeing it's cool. You're quite right,

1510
01:10:29,439 --> 01:10:31,880
Speaker 13: you know, we had all the A listers wearing them.

1511
01:10:32,080 --> 01:10:34,519
Speaker 13: You know, they were seeing this comfy. Actually, the other

1512
01:10:34,560 --> 01:10:36,439
Speaker 13: point as well was, you know, supposed part of the

1513
01:10:36,479 --> 01:10:39,360
Speaker 13: issue has been the actual feedback from consumers is actually

1514
01:10:39,400 --> 01:10:42,800
Speaker 13: don't last that long. They're not the lacking and durability,

1515
01:10:42,800 --> 01:10:44,400
Speaker 13: which is a bit of a head when particularly when

1516
01:10:44,760 --> 01:10:46,519
Speaker 13: people are feeling the pinch and they want stuff that's

1517
01:10:46,520 --> 01:10:49,439
Speaker 13: going to last. So that cool factor, I think, you know,

1518
01:10:50,080 --> 01:10:52,599
Speaker 13: was engineered a lot of the hype that you saw,

1519
01:10:52,720 --> 01:10:55,120
Speaker 13: you know, and then the lead up to the stock listing,

1520
01:10:55,120 --> 01:10:58,240
Speaker 13: and also there were stock market conditions which also drove

1521
01:10:58,240 --> 01:11:01,960
Speaker 13: that hype as well, so becoming cool the game would help.

1522
01:11:02,400 --> 01:11:05,360
Speaker 13: I'm not sure we're going to see Donald Trump wearing

1523
01:11:05,400 --> 01:11:09,640
Speaker 13: them all or come on, Harris, But yeah, it is

1524
01:11:09,640 --> 01:11:12,280
Speaker 13: a long road back, and you know, brands do sort

1525
01:11:12,280 --> 01:11:14,240
Speaker 13: of have their day in the sun, but they also

1526
01:11:14,240 --> 01:11:16,800
Speaker 13: do make a comeback. Who would have thought Crocs would

1527
01:11:16,840 --> 01:11:18,160
Speaker 13: make a revival, so you never know.

1528
01:11:18,360 --> 01:11:20,439
Speaker 3: Well that's a very good point, Greg, actually an excellent point.

1529
01:11:20,479 --> 01:11:22,360
Speaker 3: Thank you so much, Mad appreciated Greg Smith, head of

1530
01:11:22,360 --> 01:11:24,920
Speaker 3: retail at Devin Fund's Management. I'll tell you what their

1531
01:11:24,960 --> 01:11:28,519
Speaker 3: problem is right now. One of many obviously, is that

1532
01:11:28,640 --> 01:11:30,760
Speaker 3: all birds have to be really really careful that they

1533
01:11:30,760 --> 01:11:33,519
Speaker 3: don't turn into the old person's shoe. And I say

1534
01:11:33,520 --> 01:11:36,280
Speaker 3: this like with love, but there are a lot of

1535
01:11:36,320 --> 01:11:39,160
Speaker 3: people in their sixties and seventies in my life. Oh

1536
01:11:39,280 --> 01:11:42,400
Speaker 3: love a pair of all birds because they're comfortable. And

1537
01:11:42,479 --> 01:11:45,200
Speaker 3: so you got all the boomers rocking them. And if

1538
01:11:45,200 --> 01:11:47,320
Speaker 3: the boomers are rocking them, well, all of a sudden,

1539
01:11:47,320 --> 01:11:49,320
Speaker 3: it just starts to look like comfy shoes, doesn't And

1540
01:11:49,320 --> 01:11:51,240
Speaker 3: that's not particularly cool. So they may have to figure

1541
01:11:51,240 --> 01:11:52,320
Speaker 3: out how they're going to get around that.

1542
01:11:52,520 --> 01:11:52,680
Speaker 7: Here.

1543
01:11:52,720 --> 01:11:55,160
Speaker 3: This stop being so woke. This is my day for workness,

1544
01:11:55,160 --> 01:11:58,040
Speaker 3: isn't it. You well know that ramps jump out at ships.

1545
01:11:58,479 --> 01:12:00,720
Speaker 3: Thank you Gray. This is true of Vio. That's what's

1546
01:12:00,720 --> 01:12:04,880
Speaker 3: happened to Kwiral. Obviously, the gender row at the Olympics

1547
01:12:04,960 --> 01:12:08,679
Speaker 3: has continued overnight. This is now because the other boxer

1548
01:12:09,000 --> 01:12:12,040
Speaker 3: who's under question is also through to her gold medal final.

1549
01:12:12,080 --> 01:12:13,559
Speaker 3: They're not in the same final by the way, they

1550
01:12:13,600 --> 01:12:16,600
Speaker 3: are in different waight divisions. But this is Taiwan's Li

1551
01:12:16,760 --> 01:12:19,800
Speaker 3: Yu Ting also has been banned. This is the two

1552
01:12:19,840 --> 01:12:22,200
Speaker 3: of them, the Algerian boxer and then this one, this

1553
01:12:22,280 --> 01:12:26,200
Speaker 3: boxer from Taiwan, also banned by the International Boxing Association,

1554
01:12:26,360 --> 01:12:29,000
Speaker 3: doesn't believe that either of these women are actually women

1555
01:12:29,040 --> 01:12:31,400
Speaker 3: by sex. Seems to be that the same problem is

1556
01:12:31,439 --> 01:12:33,920
Speaker 3: true of both of them. That they've done these tests apparently,

1557
01:12:34,160 --> 01:12:36,600
Speaker 3: and the tests have apparently found that they've got x

1558
01:12:36,720 --> 01:12:39,320
Speaker 3: Y chromosomes, and X Y chromosomes obviously belong to blokes

1559
01:12:40,920 --> 01:12:45,400
Speaker 3: or intersex people, so that's a possibility too. Now, what

1560
01:12:45,520 --> 01:12:48,960
Speaker 3: happened here is that the Taiwanese boxer beat a boxer

1561
01:12:49,000 --> 01:12:52,360
Speaker 3: from Turkey, and that boxer from Turkey, who was defeated,

1562
01:12:52,479 --> 01:12:54,840
Speaker 3: did the same thing that the last woman did who

1563
01:12:54,920 --> 01:12:57,080
Speaker 3: Lynn beat. As she walked out of her side of

1564
01:12:57,120 --> 01:12:59,720
Speaker 3: the ring, she put her two index fingers together to

1565
01:12:59,760 --> 01:13:02,840
Speaker 3: form X. Right, so she got the index fingers from

1566
01:13:02,840 --> 01:13:04,479
Speaker 3: each hand put them together form an X, and then

1567
01:13:04,520 --> 01:13:06,320
Speaker 3: she turned and she showed it to all the sides

1568
01:13:06,320 --> 01:13:08,160
Speaker 3: of the boxing ring. So she was trying to make

1569
01:13:08,200 --> 01:13:10,719
Speaker 3: a point. Now this is being read as a reference

1570
01:13:10,760 --> 01:13:15,120
Speaker 3: to her having two X chromosomes. Women have two X chromosomes,

1571
01:13:15,160 --> 01:13:17,200
Speaker 3: so it's obviously a protest by the sounds of things,

1572
01:13:17,360 --> 01:13:19,320
Speaker 3: And what's just happened fourteen past six.

1573
01:13:20,000 --> 01:13:23,599
Speaker 1: Crunching the numbers and getting the results. It's Heather Duplicy

1574
01:13:23,640 --> 01:13:27,000
Speaker 1: Allen with the Business Hour thanks to my HR, the

1575
01:13:27,200 --> 01:13:31,599
Speaker 1: HR platform for SME on newstalks EDB. Whether it's macro,

1576
01:13:31,960 --> 01:13:34,840
Speaker 1: microme or just plain economics, it's all on.

1577
01:13:34,800 --> 01:13:37,280
Speaker 4: The Business Hour with Heather Duplicy.

1578
01:13:36,800 --> 01:13:41,320
Speaker 1: Allen and my HR, the HR platform for SME News TALKSB.

1579
01:13:41,439 --> 01:13:43,320
Speaker 3: Jamie McKay is going to be with us shortly. It

1580
01:13:43,360 --> 01:13:46,400
Speaker 3: looks to me like, judging by what he's telling me,

1581
01:13:47,200 --> 01:13:49,559
Speaker 3: the world record for sharing is held by New Zealand

1582
01:13:49,600 --> 01:13:51,320
Speaker 3: has just been smashed by a Scott. I'm not happy

1583
01:13:51,360 --> 01:13:52,800
Speaker 3: about this. He's going to talk us through the short

1584
01:13:52,840 --> 01:13:55,160
Speaker 3: because it's ours. That's like every time we lose the

1585
01:13:55,200 --> 01:13:57,640
Speaker 3: Rugby World Cup. It's just like it's not okay. So

1586
01:13:57,680 --> 01:13:59,960
Speaker 3: he'll talk us through that shortly. Seventeen past six. Now,

1587
01:14:00,320 --> 01:14:02,000
Speaker 3: as I was telling you earlier, there's been a surprise

1588
01:14:02,080 --> 01:14:05,360
Speaker 3: call from the ASB economists late this afternoon. They now

1589
01:14:05,479 --> 01:14:07,879
Speaker 3: also think that the Reserve Bank will drop the official

1590
01:14:07,920 --> 01:14:10,360
Speaker 3: cash rate next week. Liam dan is The Herald's Business

1591
01:14:10,439 --> 01:14:13,880
Speaker 3: editor at large. ALM got I mean, would you consider

1592
01:14:13,920 --> 01:14:16,600
Speaker 3: this now mounting pressure on the Reserve Bank given that

1593
01:14:16,600 --> 01:14:19,120
Speaker 3: you've got ASB B and z at Ankiwibank saying go

1594
01:14:19,240 --> 01:14:19,719
Speaker 3: next week.

1595
01:14:20,880 --> 01:14:23,719
Speaker 9: Yeah, well, I mean it certainly is pressure of a kind.

1596
01:14:23,880 --> 01:14:27,360
Speaker 9: It's kind of exciting. It's probably the most interesting ocr

1597
01:14:27,479 --> 01:14:30,400
Speaker 9: call we've had for well it is for more than

1598
01:14:30,439 --> 01:14:34,400
Speaker 9: a year. Good on them AFBS throwing caution to the wind.

1599
01:14:34,439 --> 01:14:37,360
Speaker 9: Carp ADM. I think they said, you know that we

1600
01:14:37,880 --> 01:14:40,920
Speaker 9: can go now, which is effectively saying really that they

1601
01:14:40,960 --> 01:14:44,200
Speaker 9: think we've got inflation beat, which is something to cheer

1602
01:14:44,240 --> 01:14:47,200
Speaker 9: about as well. It's a bit of a marginal call

1603
01:14:47,240 --> 01:14:50,040
Speaker 9: for a couple of reasons. You know, we haven't got

1604
01:14:50,080 --> 01:14:53,720
Speaker 9: inflation under three yet, three percent, which is you know,

1605
01:14:54,000 --> 01:14:56,400
Speaker 9: into the target range. So you have to be very

1606
01:14:56,400 --> 01:15:01,439
Speaker 9: confident that the economy is now on its knees and

1607
01:15:01,560 --> 01:15:04,080
Speaker 9: flat and all that sort of stuff, that there's nothing

1608
01:15:04,080 --> 01:15:06,519
Speaker 9: else that can happen that the except for the inflation

1609
01:15:06,560 --> 01:15:10,200
Speaker 9: to keep falling. So there's that, you know. I've argued

1610
01:15:10,200 --> 01:15:14,320
Speaker 9: that maybe the all the market turmoil and and what's

1611
01:15:14,360 --> 01:15:17,760
Speaker 9: happening in the US is in Japan as a sort

1612
01:15:17,760 --> 01:15:20,439
Speaker 9: of a hook that the Reserve Bank can hang its

1613
01:15:20,439 --> 01:15:23,679
Speaker 9: hat on. But KVY Bank also made the point Jared

1614
01:15:23,720 --> 01:15:26,400
Speaker 9: Kerr making the point that you know, technically the Reserve

1615
01:15:26,479 --> 01:15:31,840
Speaker 9: Bank still has next August as in its forecast for

1616
01:15:31,880 --> 01:15:34,040
Speaker 9: the first rate cut, So there is a pretty big

1617
01:15:34,080 --> 01:15:37,920
Speaker 9: credibility gap to leap there, you know, if you're going

1618
01:15:37,960 --> 01:15:40,439
Speaker 9: to be talking about cutting next week this August, and

1619
01:15:41,280 --> 01:15:44,000
Speaker 9: I know they didn't change the forecast because they just

1620
01:15:44,080 --> 01:15:49,559
Speaker 9: don't do that at the last monetary policy review, and

1621
01:15:49,600 --> 01:15:51,320
Speaker 9: it does date back to May when things are a

1622
01:15:51,320 --> 01:15:54,759
Speaker 9: bit different. But still, you know, Keevy Bank actually saying

1623
01:15:54,800 --> 01:15:56,840
Speaker 9: that they think they should cut now that they probably

1624
01:15:56,920 --> 01:16:00,360
Speaker 9: won't because it's just too much of a leap and

1625
01:16:00,360 --> 01:16:02,240
Speaker 9: it would look bad. Now. I don't know, if you're

1626
01:16:02,240 --> 01:16:05,839
Speaker 9: going to save the economy, you've got to yes, but everyone.

1627
01:16:05,640 --> 01:16:08,040
Speaker 3: Else is going to look really bad? Is if they

1628
01:16:08,240 --> 01:16:11,000
Speaker 3: if they hold onto this until November so that they

1629
01:16:11,000 --> 01:16:13,160
Speaker 3: can actually stand in front of the cameras as opposed

1630
01:16:13,200 --> 01:16:16,040
Speaker 3: to just issue a press release in October or August.

1631
01:16:16,360 --> 01:16:19,559
Speaker 3: If they hold onto it until November and they drive

1632
01:16:19,680 --> 01:16:22,040
Speaker 3: us deeper into the Maya that we're in, I mean,

1633
01:16:22,120 --> 01:16:24,280
Speaker 3: that looks worse, doesn't it than changing your mind?

1634
01:16:24,960 --> 01:16:28,240
Speaker 9: Yeah, well, there's never never There are always terrible choices.

1635
01:16:28,840 --> 01:16:31,280
Speaker 9: But yeah, I mean they could they could go in October,

1636
01:16:31,479 --> 01:16:33,920
Speaker 9: but they'll be standing in front of the cameras next week.

1637
01:16:34,120 --> 01:16:37,120
Speaker 3: Will they look they've got to go next week? Then,

1638
01:16:37,120 --> 01:16:39,280
Speaker 3: don't they? Because I mean, this is what is saying.

1639
01:16:39,280 --> 01:16:42,400
Speaker 3: The risk of type monetary policy overshooting has got real.

1640
01:16:42,479 --> 01:16:43,519
Speaker 3: I think we can all see that.

1641
01:16:44,720 --> 01:16:47,839
Speaker 9: Yeah, I mean it was somewhat inevitable. I mean central

1642
01:16:47,880 --> 01:16:51,400
Speaker 9: banks in monetary policy generally has it works and so

1643
01:16:51,479 --> 01:16:53,479
Speaker 9: we like it because it works, but we know that

1644
01:16:54,800 --> 01:16:56,920
Speaker 9: it's very blunt and it tends to be too much.

1645
01:16:56,960 --> 01:16:59,080
Speaker 9: One way. We see too much stimulus and you see

1646
01:16:59,120 --> 01:17:02,920
Speaker 9: too much and then you know, we argue about whether

1647
01:17:03,320 --> 01:17:05,200
Speaker 9: whether it could have been done better, and well, maybe

1648
01:17:05,240 --> 01:17:08,720
Speaker 9: it could have. But there's a there's a there's a

1649
01:17:08,840 --> 01:17:11,519
Speaker 9: you know, there's an opportunity here. It does look like

1650
01:17:11,640 --> 01:17:14,639
Speaker 9: inflation isn't going anywhere, but down from here it would

1651
01:17:14,680 --> 01:17:18,080
Speaker 9: be a surprise. So if it did bounce back up,

1652
01:17:18,080 --> 01:17:19,879
Speaker 9: but you've got to remember that it would be absolutely

1653
01:17:19,960 --> 01:17:24,360
Speaker 9: disastrous to cut and then have inflation bounce back up.

1654
01:17:24,400 --> 01:17:26,760
Speaker 9: You know, that would just blow on their minds and

1655
01:17:27,040 --> 01:17:30,280
Speaker 9: be too much want to go, but this of the cycle,

1656
01:17:30,360 --> 01:17:32,720
Speaker 9: so they do. They do have to be sure, but

1657
01:17:33,439 --> 01:17:36,800
Speaker 9: you know, it's funny. It's such a there's so much

1658
01:17:36,840 --> 01:17:39,520
Speaker 9: going on, it's almost like a long long time till Wednesday.

1659
01:17:40,479 --> 01:17:44,800
Speaker 9: You know, if if we see a couple more nights

1660
01:17:44,800 --> 01:17:48,920
Speaker 9: at market turmoil and so forth, that probably would be enough.

1661
01:17:50,000 --> 01:17:51,760
Speaker 9: You know, a lot of the other economists were saying, well,

1662
01:17:51,760 --> 01:17:56,200
Speaker 9: that unemployment number yesterday wasn't bad enough to justify it yet,

1663
01:17:56,200 --> 01:17:58,000
Speaker 9: you know, which is a weird way of looking at it.

1664
01:17:58,040 --> 01:18:01,759
Speaker 9: But it wasn't wasn't worse than expected. It was about

1665
01:18:01,800 --> 01:18:06,360
Speaker 9: being unexpected. So that might give them some reason to

1666
01:18:06,400 --> 01:18:09,000
Speaker 9: hold on till October. He could end up having to

1667
01:18:09,000 --> 01:18:10,519
Speaker 9: do double cuts at that point.

1668
01:18:11,439 --> 01:18:14,240
Speaker 3: Look, ultimately, they're going to get judged Liam, on what

1669
01:18:14,360 --> 01:18:16,960
Speaker 3: we are like when they are finished with this, and

1670
01:18:17,000 --> 01:18:18,240
Speaker 3: that's not going to be good for the my thing

1671
01:18:18,280 --> 01:18:19,840
Speaker 3: guy the way, Liam, it's really really good to talk

1672
01:18:19,880 --> 01:18:21,280
Speaker 3: to you. Thank you about this, Liam Dan, the Herald's

1673
01:18:21,280 --> 01:18:24,439
Speaker 3: Business editor at large. Heither, I'm forty three. My oldies

1674
01:18:24,439 --> 01:18:26,559
Speaker 3: brought me all birds for Christmas a couple of years ago,

1675
01:18:26,560 --> 01:18:27,880
Speaker 3: and I never wore them because I didn't want to

1676
01:18:27,880 --> 01:18:30,400
Speaker 3: look like a boomer, Right, What did I tell you?

1677
01:18:30,760 --> 01:18:33,200
Speaker 3: I started wearing them recently for a bit of physical stuff.

1678
01:18:33,240 --> 01:18:35,760
Speaker 3: At work at times I thought no one would see

1679
01:18:35,880 --> 01:18:39,559
Speaker 3: me good from you. As it turns out, they've pretty

1680
01:18:39,600 --> 01:18:41,599
Speaker 3: much fallen apart in six months. And there you go.

1681
01:18:41,880 --> 01:18:45,840
Speaker 3: Now I should have mentioned this earlier, But the boss

1682
01:18:45,880 --> 01:18:48,799
Speaker 3: of Wellington Water has quit, hasn't she? In a twist

1683
01:18:48,840 --> 01:18:51,040
Speaker 3: that everybody could see coming. Because I don't know if

1684
01:18:51,080 --> 01:18:54,000
Speaker 3: you remember, but Nick, the chair of Wellington Water, Nick Leggett,

1685
01:18:54,520 --> 01:18:56,240
Speaker 3: was on this show two weeks ago talking to me

1686
01:18:56,640 --> 01:18:59,000
Speaker 3: and he basically couldn't hide the fact he didn't have

1687
01:18:59,040 --> 01:19:00,720
Speaker 3: any confidence and earn that he was looking for her

1688
01:19:00,760 --> 01:19:03,920
Speaker 3: to quit, and that he was blaming her for the

1689
01:19:03,920 --> 01:19:05,880
Speaker 3: fact that, remember they had that fifty one million dollar

1690
01:19:05,920 --> 01:19:08,400
Speaker 3: budgeting error and she hadn't actually told the board how

1691
01:19:08,400 --> 01:19:10,000
Speaker 3: bad it was, but had minimized it. So he was

1692
01:19:10,040 --> 01:19:11,920
Speaker 3: pretty keen to see the back of her. Well, she's

1693
01:19:11,960 --> 01:19:15,559
Speaker 3: gone effective tomorrow now. Credit to her. This is Tanya Haskell.

1694
01:19:15,600 --> 01:19:17,599
Speaker 3: Credit to her. She was actually a pleasure to deal with.

1695
01:19:17,880 --> 01:19:21,559
Speaker 3: I mean, obviously the business wasn't running particularly well, but

1696
01:19:21,600 --> 01:19:24,040
Speaker 3: in terms of her actually coming up, coming on shows,

1697
01:19:24,320 --> 01:19:26,880
Speaker 3: talking to the media, telling the people of Wellington, telling

1698
01:19:26,920 --> 01:19:29,200
Speaker 3: the country what was up, she was always doing that.

1699
01:19:29,280 --> 01:19:31,800
Speaker 3: So good on her but unfortunately, as I say, the

1700
01:19:31,800 --> 01:19:34,519
Speaker 3: business wasn't running well. So she's gone. Six twenty three.

1701
01:19:36,280 --> 01:19:39,479
Speaker 4: The Rural Report on Heather due to see Allen Drive.

1702
01:19:40,240 --> 01:19:42,320
Speaker 3: Hey, well, Jamie McKay. Obviously as a host of the country,

1703
01:19:42,400 --> 01:19:43,400
Speaker 3: Hey Jamie.

1704
01:19:43,280 --> 01:19:46,759
Speaker 24: Hello, woke cousin heathern. I was listening to you between

1705
01:19:47,280 --> 01:19:49,120
Speaker 24: four and five. I didn't realize you were woke.

1706
01:19:49,120 --> 01:19:52,120
Speaker 3: Congratulations, nor did I nor did many of us. But anyway,

1707
01:19:52,120 --> 01:19:53,400
Speaker 3: we're going to take that one. We're going to roll

1708
01:19:53,400 --> 01:19:55,439
Speaker 3: with it because that's something to show off, isn't it?

1709
01:19:55,640 --> 01:19:55,840
Speaker 5: Hey?

1710
01:19:56,280 --> 01:19:58,639
Speaker 3: And one day you can be too, Jomie. The milk

1711
01:19:58,680 --> 01:19:59,960
Speaker 3: price is looking a little better, isn't it.

1712
01:20:00,640 --> 01:20:01,080
Speaker 12: Yeah, it is.

1713
01:20:01,680 --> 01:20:04,840
Speaker 24: We may not have enough natural gas and electricity to

1714
01:20:04,920 --> 01:20:08,920
Speaker 24: run our dairy factories, Heather, but look, the milk futures

1715
01:20:08,920 --> 01:20:10,800
Speaker 24: price is looking pretty good for the twenty four to

1716
01:20:10,840 --> 01:20:13,679
Speaker 24: twenty five season, the one we've just started on. It's

1717
01:20:13,760 --> 01:20:16,280
Speaker 24: currently sitting at eight dollars sixty one. After that good

1718
01:20:16,320 --> 01:20:20,559
Speaker 24: GDT auction Wednesday morning, our time, the volumes are up

1719
01:20:20,560 --> 01:20:24,800
Speaker 24: big time for whole milk powder up sixty percent, So

1720
01:20:24,960 --> 01:20:26,679
Speaker 24: we got rid of those. There's going to be increased

1721
01:20:26,760 --> 01:20:29,479
Speaker 24: volumes in September, China came in and played a more

1722
01:20:29,520 --> 01:20:32,160
Speaker 24: dominant role. If they continue that and we can get

1723
01:20:32,200 --> 01:20:36,120
Speaker 24: through this peak production hump, things are looking pretty positive

1724
01:20:36,120 --> 01:20:39,200
Speaker 24: for twenty four to twenty five. So this season, the

1725
01:20:39,240 --> 01:20:42,439
Speaker 24: one we've just finished twenty three twenty four looks pretty

1726
01:20:42,479 --> 01:20:46,080
Speaker 24: much locked and loaded for Fonterra at about seven dollars

1727
01:20:46,160 --> 01:20:50,480
Speaker 24: eighty the futures market's it's got it at seven eighty seven. Interestingly,

1728
01:20:50,520 --> 01:20:52,640
Speaker 24: twenty five twenty six, yes, they do go out a

1729
01:20:52,720 --> 01:20:55,000
Speaker 24: year and a bit is sitting at eight fifty five.

1730
01:20:55,080 --> 01:20:58,160
Speaker 24: It's also worth looking back twelve months to mid August

1731
01:20:58,640 --> 01:21:02,040
Speaker 24: twenty twenty three, whole milk crashed eleven percent, and at

1732
01:21:02,040 --> 01:21:04,799
Speaker 24: that stage we were looking at a six dollars seventy

1733
01:21:04,800 --> 01:21:07,759
Speaker 24: five milk price, So Deeri certainly turned a corner.

1734
01:21:07,800 --> 01:21:10,719
Speaker 3: Oh thank goodness. Now have we had our own record,

1735
01:21:10,800 --> 01:21:12,760
Speaker 3: like the world record and sharing set by a New

1736
01:21:12,840 --> 01:21:14,680
Speaker 3: Zealander smashed by a scott.

1737
01:21:15,040 --> 01:21:17,880
Speaker 24: Yeah, yeah, this is a great story. A veteran Scottish

1738
01:21:18,040 --> 01:21:21,360
Speaker 24: shearer who's incidentally the only woman who's qualified in the

1739
01:21:21,400 --> 01:21:25,120
Speaker 24: top thirty at the Golden Shares in Master and she

1740
01:21:25,439 --> 01:21:28,320
Speaker 24: shattered a world record set by one of our guns,

1741
01:21:28,360 --> 01:21:31,160
Speaker 24: because we've got a couple of guns here in this country.

1742
01:21:32,040 --> 01:21:35,519
Speaker 24: Sasha Bond held the nine hour record, Meghan Whitehead the

1743
01:21:35,560 --> 01:21:37,960
Speaker 24: eight hour one. So this woman by the name of

1744
01:21:38,200 --> 01:21:40,759
Speaker 24: Una Cameron, I hope I've got a name right, fifty

1745
01:21:40,800 --> 01:21:43,280
Speaker 24: one year old Heather. That's older than you. That's way

1746
01:21:43,400 --> 01:21:46,679
Speaker 24: older than you. So she smashed the existing nine hour

1747
01:21:46,720 --> 01:21:50,000
Speaker 24: strong WILLU record of four hundred and fifty eight she sure,

1748
01:21:50,360 --> 01:21:53,320
Speaker 24: five hundred and seventeen sheep and nine hours. And I

1749
01:21:53,360 --> 01:21:54,920
Speaker 24: know you go to the gym, Heather, and I know

1750
01:21:55,000 --> 01:21:57,599
Speaker 24: you fit, but there's no way you could drag out

1751
01:21:57,800 --> 01:22:00,320
Speaker 24: five hundred and seventeen sheep and nine hours left loan

1752
01:22:00,439 --> 01:22:00,880
Speaker 24: share them.

1753
01:22:01,040 --> 01:22:04,240
Speaker 3: Jeez, But I mean, Jamie, the difference between like let's say,

1754
01:22:04,240 --> 01:22:08,639
Speaker 3: four hundred and sixty and five hundred and twenty is massive, Yeah,

1755
01:22:08,640 --> 01:22:08,840
Speaker 3: it is.

1756
01:22:08,880 --> 01:22:12,320
Speaker 24: And that's where it becomes a wee tricky because all

1757
01:22:12,360 --> 01:22:15,040
Speaker 24: these records are now or it looks like they're almost

1758
01:22:15,080 --> 01:22:17,799
Speaker 24: all being set in the UK. The sheep are easier

1759
01:22:17,840 --> 01:22:20,559
Speaker 24: sharing over there. They do have to have a minimum

1760
01:22:20,640 --> 01:22:24,400
Speaker 24: wall requirement for the U Sharing record of three kilograms

1761
01:22:24,439 --> 01:22:28,479
Speaker 24: for sheep, but they're just easier sharing. Incidentally, there's sort

1762
01:22:28,520 --> 01:22:32,120
Speaker 24: of a very collegial attitude to sharing because in her

1763
01:22:32,280 --> 01:22:36,639
Speaker 24: corner was a former world record holder from New Zealand

1764
01:22:36,680 --> 01:22:39,360
Speaker 24: here by the name of Amy Silcock, who was helping

1765
01:22:39,439 --> 01:22:42,040
Speaker 24: out the back in the pens. The sheep was shorn

1766
01:22:42,320 --> 01:22:44,760
Speaker 24: at a property run by a guy by the name

1767
01:22:44,760 --> 01:22:48,160
Speaker 24: of Matt Smith. He's also a world record holder and

1768
01:22:48,240 --> 01:22:51,160
Speaker 24: he's the brother, wait for it, of our world champion

1769
01:22:51,200 --> 01:22:54,719
Speaker 24: sharer Roland Smith. So yep world record to a fifty

1770
01:22:54,760 --> 01:22:58,400
Speaker 24: one year old I might even have a crack myself, Jamie.

1771
01:22:58,400 --> 01:23:01,200
Speaker 3: Thanks very much, Jamie McKay to the country. Headlines are

1772
01:23:01,200 --> 01:23:07,040
Speaker 3: next to me, Sam Picky.

1773
01:23:05,200 --> 01:23:08,879
Speaker 1: Everything from SMEs to the big corporates of a Business

1774
01:23:08,880 --> 01:23:12,519
Speaker 1: Hour with Heather Duplessy Allen and my HR, the HR

1775
01:23:12,640 --> 01:23:16,560
Speaker 1: platform for SME us talks at Base.

1776
01:23:28,560 --> 01:23:31,040
Speaker 3: He's done another one, so this is the third day

1777
01:23:31,040 --> 01:23:32,720
Speaker 3: in a row that he's done a mural. This time

1778
01:23:32,760 --> 01:23:35,120
Speaker 3: he's done three monkeys swinging across the bridge of an

1779
01:23:35,120 --> 01:23:37,799
Speaker 3: East London train station. So he's got the monkeys today.

1780
01:23:38,200 --> 01:23:40,000
Speaker 3: He did the elephants yesterday and then he did the

1781
01:23:40,040 --> 01:23:42,640
Speaker 3: goat the day before. And because it's all animals, the

1782
01:23:42,680 --> 01:23:45,360
Speaker 3: series is now being called by his fans the London

1783
01:23:45,439 --> 01:23:47,519
Speaker 3: Zoo series, and as I told you the other day,

1784
01:23:47,560 --> 01:23:50,200
Speaker 3: because Banksy isn't putting any captions in here at the moment,

1785
01:23:50,560 --> 01:23:52,639
Speaker 3: people are spending a lot of time trying to figure

1786
01:23:52,640 --> 01:23:55,160
Speaker 3: out what he means by it. The new theory is

1787
01:23:55,200 --> 01:23:58,759
Speaker 3: that he's comparing the recent far right rioters to wild

1788
01:23:58,920 --> 01:24:01,280
Speaker 3: zoo animals, which immediately I am prepared to come out

1789
01:24:01,280 --> 01:24:03,280
Speaker 3: and debunk and say that that's just what you want

1790
01:24:03,360 --> 01:24:05,240
Speaker 3: to believe. That's not what he's doing, because do you

1791
01:24:05,240 --> 01:24:08,240
Speaker 3: know how because all the animals look nice, so that's

1792
01:24:08,240 --> 01:24:10,400
Speaker 3: obviously not it. Anyway, Indebrady is going to be with

1793
01:24:10,479 --> 01:24:12,400
Speaker 3: us back from his holiday in about ten minutes time.

1794
01:24:12,400 --> 01:24:15,880
Speaker 3: It's twenty three away from seven. Ever, now, after the

1795
01:24:15,920 --> 01:24:18,639
Speaker 3: market turmoil of the past week, the question of courses,

1796
01:24:18,720 --> 01:24:20,519
Speaker 3: has the bubble burst or have we still got a

1797
01:24:20,560 --> 01:24:22,160
Speaker 3: little bit of a way to go here. Sam Dickey

1798
01:24:22,200 --> 01:24:26,000
Speaker 3: from Fisher Funds is with me. Now, Hey, Sam, Heathery, Sam,

1799
01:24:26,040 --> 01:24:27,920
Speaker 3: am I right, but you were just warning about all

1800
01:24:27,960 --> 01:24:30,320
Speaker 3: this stuff the other day and then it's happened.

1801
01:24:31,920 --> 01:24:33,800
Speaker 5: I'm not sure about warning, but you and I were

1802
01:24:33,800 --> 01:24:35,400
Speaker 5: certainly talking about Heather Yes.

1803
01:24:35,400 --> 01:24:38,840
Speaker 3: Yeah, okay, So the specific risks that have led to

1804
01:24:38,840 --> 01:24:42,760
Speaker 3: the point that we're at what are they.

1805
01:24:41,560 --> 01:24:44,640
Speaker 5: Yes, we're outside of the unlined of the giant Japanese

1806
01:24:44,720 --> 01:24:47,920
Speaker 5: carry trade, which in plain English means borrowing at near

1807
01:24:48,040 --> 01:24:50,040
Speaker 5: zero present in Japanese yun and using that money to

1808
01:24:50,080 --> 01:24:52,760
Speaker 5: invest in risky assets around the world. Outside of that,

1809
01:24:52,760 --> 01:24:55,320
Speaker 5: that were two other things happening, which caused a third

1810
01:24:55,320 --> 01:24:58,519
Speaker 5: to happen, so the US economic growth risk. The market

1811
01:24:58,640 --> 01:25:01,719
Speaker 5: was far too complacent about what investors call a soft

1812
01:25:01,880 --> 01:25:05,720
Speaker 5: economic landing. So despite the sharpest rate high cycle bi

1813
01:25:05,760 --> 01:25:09,120
Speaker 5: central banks in forty years, the US economy was expected

1814
01:25:09,160 --> 01:25:11,640
Speaker 5: to sail through, and that came unstuck. And then there

1815
01:25:11,720 --> 01:25:15,200
Speaker 5: was the AI hygh risk. And remember that one number

1816
01:25:15,240 --> 01:25:18,679
Speaker 5: to remember, ten trillion dollars. So we add up half

1817
01:25:18,680 --> 01:25:23,000
Speaker 5: a dozen of the AI darlings and their market capitalization

1818
01:25:23,080 --> 01:25:26,439
Speaker 5: or valuations had gone up by over ten trillion dollars

1819
01:25:26,439 --> 01:25:28,439
Speaker 5: in the last twenty months or so. But on the ground,

1820
01:25:29,000 --> 01:25:31,160
Speaker 5: the reality was, you know, you and I were not

1821
01:25:31,200 --> 01:25:33,920
Speaker 5: prepared to pay for that. There was no AI use

1822
01:25:33,960 --> 01:25:36,800
Speaker 5: case out there head that really caught our fancy. So

1823
01:25:36,800 --> 01:25:39,080
Speaker 5: there was this huge yawning gap between the hype and

1824
01:25:39,080 --> 01:25:44,559
Speaker 5: the reality. So those two things caused the market. A

1825
01:25:44,600 --> 01:25:46,439
Speaker 5: third thing to happen that the market was being driven

1826
01:25:46,479 --> 01:25:49,120
Speaker 5: by a very few stocks. So that's a sort of

1827
01:25:49,240 --> 01:25:53,559
Speaker 5: unhealthily narrow rally, so that those were the four risks

1828
01:25:53,560 --> 01:25:55,120
Speaker 5: that kind of came unstuck all at once.

1829
01:25:55,439 --> 01:25:58,559
Speaker 3: I see that the JP Morgan analysts reckon that, especially

1830
01:25:58,600 --> 01:26:01,160
Speaker 3: with regards to the carry trade. And we're only about

1831
01:26:01,200 --> 01:26:03,800
Speaker 3: halfway through that turmoil. What do you think, I mean,

1832
01:26:03,800 --> 01:26:06,439
Speaker 3: can you can you tell whether we're still seeing this

1833
01:26:06,520 --> 01:26:08,040
Speaker 3: happen or whether it's already done.

1834
01:26:09,360 --> 01:26:11,040
Speaker 5: There's a lot of thought gone on to that around

1835
01:26:11,040 --> 01:26:14,560
Speaker 5: the world. My thought with these things is, you know this,

1836
01:26:15,520 --> 01:26:18,240
Speaker 5: the seeds for this was sowed back in the nineteen

1837
01:26:18,280 --> 01:26:21,439
Speaker 5: eighties in Japan. I'm not saying they've been building for

1838
01:26:21,479 --> 01:26:23,920
Speaker 5: that long, but really that's where the seeds were. So

1839
01:26:24,080 --> 01:26:26,320
Speaker 5: when the bubble burst and we took sort of thirty

1840
01:26:26,439 --> 01:26:31,840
Speaker 5: years of anemic growth and anemic inflation, you know, driven

1841
01:26:31,880 --> 01:26:33,879
Speaker 5: by the scar tissue of the burst into that bubble

1842
01:26:34,160 --> 01:26:37,880
Speaker 5: and a shrinking and aging population in Japan, and you know,

1843
01:26:37,920 --> 01:26:42,200
Speaker 5: the Japanese government and the boj is being desperate to

1844
01:26:42,240 --> 01:26:46,560
Speaker 5: manufacture inflation, and finally they got an opportunity to piggyback

1845
01:26:46,600 --> 01:26:49,759
Speaker 5: on a once in forty year spike in global inflation.

1846
01:26:49,840 --> 01:26:51,600
Speaker 5: But they were just kind of a day late and

1847
01:26:51,640 --> 01:26:54,320
Speaker 5: a dollar short. So I do think when these things

1848
01:26:54,320 --> 01:26:58,879
Speaker 5: have been building for months and months, if not years,

1849
01:26:59,600 --> 01:27:02,360
Speaker 5: they're not going to unwind and sort of forty eight hours,

1850
01:27:02,360 --> 01:27:04,360
Speaker 5: So I guess I agree with that long way I've saying,

1851
01:27:04,360 --> 01:27:06,639
Speaker 5: I agree with the Japanese Jping Morman analysts.

1852
01:27:06,640 --> 01:27:09,280
Speaker 3: Interesting, okay, So I mean, what do we take out

1853
01:27:09,280 --> 01:27:12,800
Speaker 3: of this if we're investors.

1854
01:27:12,000 --> 01:27:14,360
Speaker 5: Well, four days of the lifetime in markets, but quite

1855
01:27:14,400 --> 01:27:16,040
Speaker 5: a few things have changed in each of those sort

1856
01:27:16,040 --> 01:27:19,320
Speaker 5: of three or four risks. So on New it's economic

1857
01:27:19,320 --> 01:27:23,320
Speaker 5: growth expectations. The good news is the markets expecting the

1858
01:27:23,400 --> 01:27:27,759
Speaker 5: Federal Reserve to you know, the CaAl cavalry to arrive.

1859
01:27:28,320 --> 01:27:30,519
Speaker 5: So the market was pricing two rate cuts by the

1860
01:27:30,600 --> 01:27:33,080
Speaker 5: end of the year literally seven days ago, and now

1861
01:27:33,080 --> 01:27:36,880
Speaker 5: it's pricing five rate cut and nothing happens in a vacuum.

1862
01:27:36,920 --> 01:27:39,439
Speaker 5: You know, New Zealand is now pricing another rate cut

1863
01:27:39,520 --> 01:27:40,960
Speaker 5: or two by the end of the year as well.

1864
01:27:41,439 --> 01:27:43,720
Speaker 5: And in equity markets, we've seen the frost blown out

1865
01:27:43,760 --> 01:27:47,559
Speaker 5: and economically sensitive stocks down a lot. More so that's

1866
01:27:47,800 --> 01:27:50,280
Speaker 5: that's good news. That's at least partially getting priced and

1867
01:27:51,000 --> 01:27:53,800
Speaker 5: on the AI bubble, you know, in the last week

1868
01:27:53,880 --> 01:27:56,200
Speaker 5: or so, we've seen the big tech companies come out

1869
01:27:56,240 --> 01:27:58,360
Speaker 5: with the results and they're continue to weigh and then

1870
01:27:58,439 --> 01:28:02,639
Speaker 5: plow more money into AI hardware, luck in video's computer chips.

1871
01:28:02,640 --> 01:28:06,639
Speaker 5: But the market's lost patients. They're not prepared to allow

1872
01:28:06,720 --> 01:28:10,000
Speaker 5: them to continue plowing money into this I guess this

1873
01:28:10,120 --> 01:28:13,960
Speaker 5: AI experiment with no revenue out the other side. So

1874
01:28:14,320 --> 01:28:17,639
Speaker 5: the good news is the market is forcing these companies

1875
01:28:17,640 --> 01:28:20,720
Speaker 5: to become more prudent and drive an obvious return on

1876
01:28:20,760 --> 01:28:25,160
Speaker 5: invested capital. So that yawning gap I talked about between

1877
01:28:25,360 --> 01:28:27,240
Speaker 5: kind of the hype and the capex that's going in

1878
01:28:27,240 --> 01:28:29,200
Speaker 5: there and the reality of the fact you and I

1879
01:28:29,240 --> 01:28:30,920
Speaker 5: are not prepared to pay for this yet here is

1880
01:28:31,720 --> 01:28:33,640
Speaker 5: still there. But the good news is we've seen some

1881
01:28:33,680 --> 01:28:37,080
Speaker 5: of these AI darlings correct hard so Super micro Computer,

1882
01:28:38,240 --> 01:28:43,280
Speaker 5: which builds liquid cooling systems for these very hot and

1883
01:28:43,400 --> 01:28:46,360
Speaker 5: video chips around twenty five percent of last week. And

1884
01:28:46,439 --> 01:28:50,320
Speaker 5: on the unline of the giant carry trade Japanese carry trade,

1885
01:28:50,439 --> 01:28:53,800
Speaker 5: the deputy governor of the BOJ almost came out and

1886
01:28:53,840 --> 01:28:57,120
Speaker 5: corrected as the governor, and they said they've heard the

1887
01:28:57,120 --> 01:29:00,519
Speaker 5: market's message loud and clear after the you know, the

1888
01:29:00,600 --> 01:29:04,200
Speaker 5: sharpest fall in the stock market history, and they said

1889
01:29:04,240 --> 01:29:07,200
Speaker 5: they wouldn't raise interest rates anymore until the financial turmoil

1890
01:29:07,920 --> 01:29:10,160
Speaker 5: has calmed down. So we've seen a stabilization there. So

1891
01:29:10,439 --> 01:29:12,160
Speaker 5: the good news is when the Resk's on the front

1892
01:29:12,200 --> 01:29:14,960
Speaker 5: page of every newspaper around the world, or at least

1893
01:29:14,960 --> 01:29:16,720
Speaker 5: on the front page of the business section, we can

1894
01:29:16,800 --> 01:29:19,600
Speaker 5: rest assured it's at least partially priced into assets and

1895
01:29:19,960 --> 01:29:20,639
Speaker 5: stock markets.

1896
01:29:20,960 --> 01:29:22,920
Speaker 3: Fascinating, really fascinating stuff at the moment.

1897
01:29:22,960 --> 01:29:25,599
Speaker 5: Ame, yeah, very fasting. I was going to say, one

1898
01:29:25,680 --> 01:29:27,760
Speaker 5: last thing is a really another good piece of good

1899
01:29:27,800 --> 01:29:31,400
Speaker 5: news is owning a portfolio of stocks and bonds and

1900
01:29:31,520 --> 01:29:35,160
Speaker 5: using the bonds and insurance is definitely working again after

1901
01:29:35,280 --> 01:29:38,320
Speaker 5: not working during the kind of inflation spike of twenty

1902
01:29:38,320 --> 01:29:41,679
Speaker 5: twenty two. So while equities fell sharply this week, your

1903
01:29:41,760 --> 01:29:45,000
Speaker 5: bond investments went up sharply as insurance. So that is

1904
01:29:45,040 --> 01:29:45,439
Speaker 5: good news.

1905
01:29:45,800 --> 01:29:48,160
Speaker 3: Thanks wait smart, Hey, Sam, thank you very much, appreciate it.

1906
01:29:48,160 --> 01:29:50,920
Speaker 3: As always, We'll talk to you soon. Sam Dickey, Fisher Funds.

1907
01:29:51,280 --> 01:29:53,599
Speaker 4: Heather do for ce Alan Listen I don't know if you've.

1908
01:29:53,520 --> 01:29:56,880
Speaker 3: Been following the scandal with the casketeers tip in their funerals,

1909
01:29:57,200 --> 01:30:00,320
Speaker 3: but it is wild and the latest us this has

1910
01:30:00,360 --> 01:30:02,240
Speaker 3: been going on all week. Basically, the latest is of

1911
01:30:02,280 --> 01:30:04,519
Speaker 3: the police actually knew about it and did nothing. Now,

1912
01:30:04,560 --> 01:30:06,000
Speaker 3: if you haven't caught up in it, let me catch

1913
01:30:06,000 --> 01:30:07,360
Speaker 3: you up in it. You're going to want to hear this, kay.

1914
01:30:07,600 --> 01:30:10,800
Speaker 3: So what's happened is that there are several families who've

1915
01:30:10,840 --> 01:30:14,080
Speaker 3: gone to the Herald and said that they they paid

1916
01:30:14,200 --> 01:30:18,040
Speaker 3: tip in their funerals the casketeers for zinc lined coffins, right,

1917
01:30:18,080 --> 01:30:21,320
Speaker 3: special fancy coffins, but their loved ones were put in

1918
01:30:21,360 --> 01:30:25,720
Speaker 3: rubbish bags. Now this is not the casketeers being accused here,

1919
01:30:26,200 --> 01:30:29,200
Speaker 3: it's one of their former employees, one of their former

1920
01:30:29,240 --> 01:30:33,040
Speaker 3: funeral directors now gone, Tanya Buckolitch, who was working for

1921
01:30:33,080 --> 01:30:35,479
Speaker 3: them at the time. So the families, they say that

1922
01:30:35,479 --> 01:30:38,440
Speaker 3: they'd each paid about three thousand dollars for this particularly

1923
01:30:38,479 --> 01:30:40,640
Speaker 3: flashed zinc lined coffin and they needed it to be

1924
01:30:40,720 --> 01:30:43,320
Speaker 3: flash because they were going to be interring their loved

1925
01:30:43,320 --> 01:30:45,200
Speaker 3: ones in a mausoleum, which I don't even know that

1926
01:30:45,240 --> 01:30:47,640
Speaker 3: we do in New Zealand, but evidently we do mausoleum

1927
01:30:47,640 --> 01:30:51,960
Speaker 3: at Waikumete Cemetery in Auckland. But then what happened was

1928
01:30:52,000 --> 01:30:55,080
Speaker 3: that Cyclone Gabrielle hit last year in March and the

1929
01:30:55,120 --> 01:30:58,120
Speaker 3: mausoleum was damaged and so it needed repairs, and so

1930
01:30:58,200 --> 01:31:00,879
Speaker 3: the dead people had to be disinterred, and the families

1931
01:31:00,920 --> 01:31:02,800
Speaker 3: were there for that, and they pulled the dead people out.

1932
01:31:02,840 --> 01:31:04,839
Speaker 3: And did the dead people come out and zinclined coffins

1933
01:31:04,840 --> 01:31:07,640
Speaker 3: worth three thousand dollars each, No, they came out in

1934
01:31:07,720 --> 01:31:11,720
Speaker 3: rubbish bags. And as you can imagine, deeply upsetting, like

1935
01:31:11,800 --> 01:31:13,720
Speaker 3: on a bunch of levels because this is not the

1936
01:31:13,800 --> 01:31:16,120
Speaker 3: treatment that you've paid for or expecting for somebody that

1937
01:31:16,120 --> 01:31:18,160
Speaker 3: you love deeply. But also what happened to the money,

1938
01:31:18,640 --> 01:31:20,840
Speaker 3: And then also there was a raft of other allegations

1939
01:31:20,880 --> 01:31:23,920
Speaker 3: like old mate Tania apparently demanding seven hundred and fifty

1940
01:31:23,880 --> 01:31:28,000
Speaker 3: dollars care dollars cash for post death COVID tests were

1941
01:31:28,640 --> 01:31:30,519
Speaker 3: apparently it is not a thing. And then also seven

1942
01:31:30,600 --> 01:31:32,800
Speaker 3: hundred and fifty dollars cash to pay the cemetery bill,

1943
01:31:32,920 --> 01:31:35,719
Speaker 3: which then apparently the families find out is still unpaid.

1944
01:31:36,200 --> 01:31:39,599
Speaker 3: Now the casketeers, the couple have apologized for this. They

1945
01:31:39,600 --> 01:31:42,680
Speaker 3: are obviously very upset about it. It now turns out

1946
01:31:42,680 --> 01:31:44,920
Speaker 3: that they actually told the police and laid a complaint

1947
01:31:44,920 --> 01:31:48,280
Speaker 3: against Tarnia, but the cops dropped the investigation. They had

1948
01:31:48,280 --> 01:31:52,599
Speaker 3: reported fraud allegations in March and April last year. Police

1949
01:31:52,640 --> 01:31:55,280
Speaker 3: looked into it, but they didn't find sufficient evidence, so

1950
01:31:55,280 --> 01:31:58,400
Speaker 3: they shelved the investigation. So that's not a good look,

1951
01:31:58,479 --> 01:32:02,360
Speaker 3: is hm? Yeah, I feel like there might have been evidence,

1952
01:32:02,439 --> 01:32:05,320
Speaker 3: Like the lack of a coffin feels like evidence. I

1953
01:32:05,360 --> 01:32:09,800
Speaker 3: don't know. Anyway, she's now not working obviously at Tippery Funerals.

1954
01:32:09,880 --> 01:32:11,839
Speaker 3: It hasn't been at her house for two months apparently,

1955
01:32:11,880 --> 01:32:13,400
Speaker 3: and obviously is not going to be on the show

1956
01:32:13,439 --> 01:32:16,519
Speaker 3: again quarter two. Look, here's the reality when it comes

1957
01:32:16,560 --> 01:32:18,920
Speaker 3: to business funding. The big banks hold all the cards, right.

1958
01:32:18,960 --> 01:32:21,360
Speaker 3: They don't blink at charging hefty interest rates and their

1959
01:32:21,400 --> 01:32:23,759
Speaker 3: processes could you leave you hanging for months? You probably

1960
01:32:23,800 --> 01:32:26,240
Speaker 3: know this, But now there's a game changer on the scene.

1961
01:32:26,280 --> 01:32:29,599
Speaker 3: Taxi Taxi allows you to decline the bank with smarter

1962
01:32:29,720 --> 01:32:32,080
Speaker 3: business funding. Now, whether it's another dig for your fleet

1963
01:32:32,200 --> 01:32:34,599
Speaker 3: or you're just helping you to survive to twenty five.

1964
01:32:35,040 --> 01:32:37,280
Speaker 3: Taxi can help fund your business. And of course now

1965
01:32:37,320 --> 01:32:40,360
Speaker 3: you're asking how do they do that? Well, taxi allows

1966
01:32:40,360 --> 01:32:43,320
Speaker 3: you to use your provisional tax to access seriously affordable

1967
01:32:43,360 --> 01:32:46,840
Speaker 3: working capital. You're essentially borrowing against tax you've already paid,

1968
01:32:47,160 --> 01:32:49,599
Speaker 3: but at half the interest rate of the banks. That's right,

1969
01:32:49,840 --> 01:32:53,000
Speaker 3: you heard it, half the rate of the big banks.

1970
01:32:53,200 --> 01:32:54,920
Speaker 3: Now you don't have to be Warren Buffett to see

1971
01:32:54,920 --> 01:32:57,240
Speaker 3: the sense in that, right, So pay your provisional tax

1972
01:32:57,560 --> 01:32:59,920
Speaker 3: through taxi by the twenty eighth of August and get

1973
01:33:00,040 --> 01:33:01,880
Speaker 3: ready to grow your business a smart way. So go

1974
01:33:02,040 --> 01:33:06,000
Speaker 3: check them out. Go Texi, dot co dot in z today.

1975
01:33:06,680 --> 01:33:09,320
Speaker 4: If it's to do with money, it matters to you.

1976
01:33:09,680 --> 01:33:13,479
Speaker 1: The Business Hour with Heather Duplicy Ellen and my HR,

1977
01:33:13,760 --> 01:33:16,160
Speaker 1: the HR platform for SME news talks.

1978
01:33:16,200 --> 01:33:19,880
Speaker 3: It'd be Inda Brady, UK correspondent back from hollidays. How

1979
01:33:19,920 --> 01:33:20,519
Speaker 3: are you Inda?

1980
01:33:22,200 --> 01:33:22,479
Speaker 12: Good?

1981
01:33:22,520 --> 01:33:22,720
Speaker 9: Heather?

1982
01:33:22,880 --> 01:33:24,639
Speaker 8: Yeah, great to speak to you again. Good to be back.

1983
01:33:24,920 --> 01:33:26,479
Speaker 3: Are you feeling refreshed? Where'd you go? Have you got

1984
01:33:26,520 --> 01:33:27,000
Speaker 3: a ten.

1985
01:33:28,640 --> 01:33:31,000
Speaker 8: So as much as Irish people get a hand.

1986
01:33:31,120 --> 01:33:31,320
Speaker 12: Yes.

1987
01:33:31,720 --> 01:33:34,439
Speaker 8: We went to a little Canary island for two weeks.

1988
01:33:34,439 --> 01:33:37,160
Speaker 8: It was about twenty five celsiers each day. And around

1989
01:33:37,200 --> 01:33:40,160
Speaker 8: most days. My son came out with me. It was brilliant.

1990
01:33:40,160 --> 01:33:42,439
Speaker 8: It's just gorgeous, same little fishing village we've been going

1991
01:33:42,439 --> 01:33:46,120
Speaker 8: to for nearly twenty years and absolutely nothing much changes.

1992
01:33:46,160 --> 01:33:46,640
Speaker 8: I love it.

1993
01:33:46,760 --> 01:33:48,960
Speaker 3: Oh nice, that sounds awesome. Hey, I see it was

1994
01:33:49,000 --> 01:33:52,080
Speaker 3: actually a reasonably successful night in terms of those those

1995
01:33:52,200 --> 01:33:53,160
Speaker 3: rallies and riots.

1996
01:33:55,080 --> 01:33:57,679
Speaker 8: Yes, so the police are very very pleased this morning

1997
01:33:57,760 --> 01:34:01,360
Speaker 8: here across England because all of talk yesterday had been

1998
01:34:01,479 --> 01:34:05,400
Speaker 8: of one hundred planned protests by the far right. And look,

1999
01:34:05,439 --> 01:34:07,800
Speaker 8: we've seen all the rioting of the last week or so,

2000
01:34:08,000 --> 01:34:11,160
Speaker 8: and all of the arrests and the dreadful, appalling behavior,

2001
01:34:11,520 --> 01:34:16,479
Speaker 8: the racist abuse of many many minority communities in the UK,

2002
01:34:17,000 --> 01:34:19,920
Speaker 8: people messaging me yesterday saying should I come to work

2003
01:34:20,160 --> 01:34:22,840
Speaker 8: where a hit job is? You know, just we've seen

2004
01:34:23,120 --> 01:34:26,479
Speaker 8: the absolute worst of Britain in the last week. And

2005
01:34:26,520 --> 01:34:28,559
Speaker 8: what we saw last night I think was the best.

2006
01:34:28,920 --> 01:34:31,960
Speaker 8: People turned out and they turned out to counter protest.

2007
01:34:32,360 --> 01:34:34,559
Speaker 8: So in all of these towns and cities where they

2008
01:34:34,560 --> 01:34:36,240
Speaker 8: felt that the far right were going to turn up

2009
01:34:36,280 --> 01:34:40,439
Speaker 8: and wreck places and burn businesses and hurt families, pens

2010
01:34:40,479 --> 01:34:44,000
Speaker 8: of thousands of people turned out. They lined the mosques,

2011
01:34:44,040 --> 01:34:49,120
Speaker 8: they stood outside asylum seeking centers, they stood outside immigration lawyers' offices,

2012
01:34:49,479 --> 01:34:52,760
Speaker 8: and everything passed off peacefully. There were three arrests in

2013
01:34:52,800 --> 01:34:55,880
Speaker 8: the town of Northampton last night for public disorder and

2014
01:34:55,920 --> 01:34:58,360
Speaker 8: that was pretty much is so. I think the police

2015
01:34:58,360 --> 01:35:00,960
Speaker 8: will be hoping that that is now the end of

2016
01:35:01,000 --> 01:35:03,200
Speaker 8: all of the awful rioting that we've seen.

2017
01:35:03,640 --> 01:35:05,719
Speaker 3: Do you think it's going to change the government's approach,

2018
01:35:05,760 --> 01:35:08,439
Speaker 3: the government's policies at all in terms of asylum seek

2019
01:35:08,439 --> 01:35:09,559
Speaker 3: as migrants and so on.

2020
01:35:11,400 --> 01:35:13,639
Speaker 8: No, not at all. I don't think anything is going

2021
01:35:13,640 --> 01:35:15,880
Speaker 8: to change. I think we've had four weeks of cure

2022
01:35:15,960 --> 01:35:18,479
Speaker 8: starmer and I think in all honesty what people should

2023
01:35:18,520 --> 01:35:21,439
Speaker 8: be thanking their lucky stars right now is that the

2024
01:35:21,560 --> 01:35:24,640
Speaker 8: UK has a prime minister who has a background in

2025
01:35:24,720 --> 01:35:28,600
Speaker 8: law and was the chief prosecutor here. So there was

2026
01:35:28,640 --> 01:35:31,960
Speaker 8: a message that went out yesterday very very clearly from

2027
01:35:32,000 --> 01:35:35,400
Speaker 8: the courts and the judges. Three of the rioters from

2028
01:35:35,439 --> 01:35:39,439
Speaker 8: Southport got seven years jail between them yesterday one guy

2029
01:35:39,479 --> 01:35:42,120
Speaker 8: got two and a half years for punching a police officer.

2030
01:35:42,439 --> 01:35:44,280
Speaker 8: And you think back, you know, in the last few

2031
01:35:44,320 --> 01:35:48,000
Speaker 8: governments we've had a hedge fund manager in Rishie Sunek.

2032
01:35:48,040 --> 01:35:50,800
Speaker 8: We've had Liz Truss, let's just not even go there,

2033
01:35:51,000 --> 01:35:54,120
Speaker 8: Boris Johnson, a failed journalist. You've actually got a guy

2034
01:35:54,200 --> 01:35:56,960
Speaker 8: now who's a serious man, who wants to work for

2035
01:35:57,000 --> 01:36:00,240
Speaker 8: the country and as a background in prosecuting criminals. You know,

2036
01:36:00,400 --> 01:36:03,280
Speaker 8: this week could have been far worse had any of

2037
01:36:03,280 --> 01:36:06,400
Speaker 8: the other been in power. But I don't think anything

2038
01:36:06,479 --> 01:36:08,320
Speaker 8: is going to change. And I think, look, there is

2039
01:36:08,360 --> 01:36:12,719
Speaker 8: a conversation to be had about immigration, but abusing people

2040
01:36:12,760 --> 01:36:15,000
Speaker 8: who are out there working and paying tax I mean,

2041
01:36:15,040 --> 01:36:18,639
Speaker 8: it broke my heart yesterday to see people posting messages

2042
01:36:18,680 --> 01:36:22,599
Speaker 8: on social media, doctors and nurses saying we're thinking about

2043
01:36:22,680 --> 01:36:26,439
Speaker 8: leaving this country and why because they've had racist abuse

2044
01:36:26,520 --> 01:36:29,200
Speaker 8: off the scale. And this is I'm just going to

2045
01:36:29,240 --> 01:36:33,560
Speaker 8: say it, Heather, this has been people have been empowered

2046
01:36:34,080 --> 01:36:37,360
Speaker 8: to speak in such racist fashion because of some of

2047
01:36:37,400 --> 01:36:41,719
Speaker 8: the poor leadership and really poor politicians and journalists who've

2048
01:36:41,760 --> 01:36:43,760
Speaker 8: been peddling an awful lot of this racism in the

2049
01:36:43,840 --> 01:36:44,439
Speaker 8: last decade.

2050
01:36:45,120 --> 01:36:47,519
Speaker 3: Interesting. Hey, Inda, thank you, it's really nice to have

2051
01:36:47,560 --> 01:36:49,240
Speaker 3: you back. I've actually missed having you on it. It's

2052
01:36:49,280 --> 01:36:52,400
Speaker 3: Into Brady now UK correspondent either away from seven.

2053
01:36:52,720 --> 01:36:56,080
Speaker 4: Whether it's macro micro or just playing economics.

2054
01:36:56,120 --> 01:36:59,120
Speaker 1: It's all on the business now with Hitther, duplicy Ellen

2055
01:36:59,240 --> 01:37:02,040
Speaker 1: and my HR the HR platform for s.

2056
01:37:05,560 --> 01:37:09,040
Speaker 3: I don't agree with Ender, Heather. Look, Heather Ender is

2057
01:37:09,080 --> 01:37:13,320
Speaker 3: a fanboy of Keir Starmer. Heather, you might not be woke,

2058
01:37:13,400 --> 01:37:15,800
Speaker 3: but that blokes et cetera, et cetera. Look, you got

2059
01:37:15,800 --> 01:37:17,439
Speaker 3: to have listen. You've got to have friends who have

2060
01:37:17,479 --> 01:37:20,000
Speaker 3: different points of view so that you can hear. You know,

2061
01:37:20,080 --> 01:37:24,599
Speaker 3: you can expose yourself to everything ends that friend. So

2062
01:37:24,800 --> 01:37:26,439
Speaker 3: listen to the Wellington I need to tell you what's been

2063
01:37:26,479 --> 01:37:28,479
Speaker 3: going on Wellington. I said I would tell you this earlier.

2064
01:37:28,520 --> 01:37:33,439
Speaker 3: The transport thing. So probably the craziest transport story out

2065
01:37:33,439 --> 01:37:36,880
Speaker 3: of Wellington day. And let's be honest, there are a lot.

2066
01:37:37,240 --> 01:37:39,920
Speaker 3: So this really is quite special. Is what the cycle

2067
01:37:39,960 --> 01:37:43,280
Speaker 3: ways did to the fire brigade. Now, if you know Wellington,

2068
01:37:43,320 --> 01:37:46,040
Speaker 3: you know that there's the Central City Fire Station is

2069
01:37:46,040 --> 01:37:48,920
Speaker 3: at the bottom of Cambridge Terrace, just there by Courtney Place, Okay,

2070
01:37:49,320 --> 01:37:51,280
Speaker 3: and so what the Wellington City Council did was they

2071
01:37:51,360 --> 01:37:54,000
Speaker 3: put a cycle away there and they started mucking around

2072
01:37:54,040 --> 01:37:59,920
Speaker 3: with the roads around there. Now, one day the fire

2073
01:38:00,080 --> 01:38:03,439
Speaker 3: brigade decided to respond to a fire and they went

2074
01:38:03,640 --> 01:38:05,720
Speaker 3: up Kent Terrace. You know how Kent. You know where

2075
01:38:05,760 --> 01:38:07,960
Speaker 3: the Basin Reserve is. You go up Kent Terrace, you

2076
01:38:08,000 --> 01:38:10,439
Speaker 3: go around the Basin Reserve, you come down Cambridge Terrace.

2077
01:38:10,479 --> 01:38:13,240
Speaker 3: The two terraces run parallel to each other, right, and

2078
01:38:13,280 --> 01:38:15,400
Speaker 3: they've got a big traffic, a big island full of

2079
01:38:15,439 --> 01:38:18,040
Speaker 3: trees and statues and stuff in the middle, and they

2080
01:38:18,040 --> 01:38:20,920
Speaker 3: have like two or three little places where you could

2081
01:38:20,960 --> 01:38:23,479
Speaker 3: do a U turn and come from one from one

2082
01:38:23,680 --> 01:38:26,120
Speaker 3: terrace to the other terraces, right from Cambridge to Kent

2083
01:38:26,200 --> 01:38:28,000
Speaker 3: and Kent to Cambridge. Just so on So one day

2084
01:38:28,040 --> 01:38:30,320
Speaker 3: there's a fire and the fire brigade head off and

2085
01:38:30,400 --> 01:38:32,400
Speaker 3: like going up Kent Terrace and they're like, we're just

2086
01:38:32,439 --> 01:38:34,240
Speaker 3: gonna turn down that little U turn thing, I'm gon

2087
01:38:34,280 --> 01:38:36,280
Speaker 3: and go down Cambridge Terrace and that'll get us there

2088
01:38:36,280 --> 01:38:38,360
Speaker 3: really fast. And than they got there and the council

2089
01:38:38,360 --> 01:38:43,400
Speaker 3: will put planter boxes there and they like what And

2090
01:38:43,439 --> 01:38:46,479
Speaker 3: so they had to go all the way up, all

2091
01:38:46,640 --> 01:38:50,240
Speaker 3: the way up Kent Terrace turn around at the Basin Reserve.

2092
01:38:50,280 --> 01:38:52,320
Speaker 3: And if you've ever done that, it's like pulling teeth.

2093
01:38:52,400 --> 01:38:54,240
Speaker 3: It takes you forever and they came all the way

2094
01:38:54,240 --> 01:38:56,040
Speaker 3: down Cambridge Terraces just to be able to get off

2095
01:38:56,040 --> 01:38:57,280
Speaker 3: to the thing anyway. So then they wrote to the

2096
01:38:57,320 --> 01:38:59,599
Speaker 3: council and they was like they were like, guys, this

2097
01:38:59,680 --> 01:39:02,559
Speaker 3: is these planter boxes have been there for two months,

2098
01:39:02,600 --> 01:39:05,160
Speaker 3: get rid of them. This is September. In October they

2099
01:39:05,240 --> 01:39:07,720
Speaker 3: email them like, hey, it's now three months since we

2100
01:39:07,840 --> 01:39:10,000
Speaker 3: flagged this with you as urgent. Get rid of them.

2101
01:39:10,320 --> 01:39:12,639
Speaker 3: Finally the council gets rid of them in November one

2102
01:39:12,720 --> 01:39:16,639
Speaker 3: day four months later. Ay Wellington City Council and sorry

2103
01:39:17,080 --> 01:39:17,599
Speaker 3: senior time.

2104
01:39:17,600 --> 01:39:20,000
Speaker 26: Oh it's just possibly an I ironically appropriate choice give

2105
01:39:20,040 --> 01:39:21,599
Speaker 26: what we're just talking about six months in a leaky

2106
01:39:21,640 --> 01:39:23,840
Speaker 26: boat to play us out tonight. I actually picked the

2107
01:39:23,920 --> 01:39:26,160
Speaker 26: song before the news about the theory. Okay, this is

2108
01:39:26,439 --> 01:39:28,400
Speaker 26: not roughing on that. It's because this is the song

2109
01:39:28,479 --> 01:39:32,200
Speaker 26: by split ends that Immigration Minister Tony Burke learned the

2110
01:39:32,200 --> 01:39:33,920
Speaker 26: word altad or from. So I thought I got'd be

2111
01:39:33,920 --> 01:39:35,040
Speaker 26: a nice thing there to end the show with. I

2112
01:39:35,040 --> 01:39:37,360
Speaker 26: didn't realize I was going to cause a crash and

2113
01:39:37,760 --> 01:39:39,080
Speaker 26: cook straight, but there you go.

2114
01:39:39,200 --> 01:39:42,240
Speaker 3: Because literally we are dealing with six months in a

2115
01:39:42,280 --> 01:39:44,120
Speaker 3: leaky boat. Now because they rammed it so much. It's

2116
01:39:44,120 --> 01:39:45,000
Speaker 3: got a whole haven't they.

2117
01:39:45,479 --> 01:39:48,200
Speaker 26: Well yeah, hopefully it doesn't take six months effects. But

2118
01:39:48,240 --> 01:39:49,200
Speaker 26: at the same time I want them to do a

2119
01:39:49,240 --> 01:39:50,120
Speaker 26: better job of it.

2120
01:39:50,120 --> 01:39:53,120
Speaker 3: It's good, it's key. We ral could take longer. Hey anyway, listen,

2121
01:39:53,200 --> 01:39:55,400
Speaker 3: thank you Back with you tomorrow, had a lovely evening by.

2122
01:40:08,160 --> 01:40:11,320
Speaker 1: For more from Heather Duplessy Allen Drive, listen live to

2123
01:40:11,400 --> 01:40:14,439
Speaker 1: News Talks A B from four pm weekdays, or follow

2124
01:40:14,479 --> 01:40:16,200
Speaker 1: the podcast on iHeartRadio.