1 00:00:01,160 --> 00:00:05,320 Speaker 1: The issues, the interviews and the insight. Andrew Dickens on 2 00:00:05,440 --> 00:00:08,280 Speaker 1: an earlier is show with One Root Love where You 3 00:00:08,360 --> 00:00:09,680 Speaker 1: Live News Talks. 4 00:00:09,680 --> 00:00:13,119 Speaker 2: It'd be well, good morning, welcome to Tuesday. Thank you 5 00:00:13,119 --> 00:00:15,360 Speaker 2: for joining us. I'm Andrew Dickinson for Ryan Bridge, who's 6 00:00:15,400 --> 00:00:19,000 Speaker 2: on holiday on the program today. Another report criticizes the 7 00:00:19,079 --> 00:00:22,480 Speaker 2: number of ministries in New Zealand. So how many public 8 00:00:22,520 --> 00:00:25,120 Speaker 2: servants or how are public servants feeling about the whole 9 00:00:25,160 --> 00:00:27,440 Speaker 2: idea of cutting down the number of ministries? Will have 10 00:00:27,440 --> 00:00:30,920 Speaker 2: the PSA on in about five minutes time. Interest rates 11 00:00:30,960 --> 00:00:33,360 Speaker 2: are falling and mortgage lending is up. So why is 12 00:00:33,440 --> 00:00:36,280 Speaker 2: our housing markets still in limbo? That story in ten 13 00:00:36,800 --> 00:00:39,720 Speaker 2: and tomorrow is crunch day for water. I'll fill you in. 14 00:00:39,840 --> 00:00:42,080 Speaker 2: Are things getting better or are we stuck in the 15 00:00:42,120 --> 00:00:45,000 Speaker 2: same funk? And the big story the government has loosened 16 00:00:45,040 --> 00:00:47,360 Speaker 2: the foreign buyer band, meeting that foreigners with the Golden 17 00:00:47,440 --> 00:00:49,000 Speaker 2: Visa will now be able to buy a home with 18 00:00:49,159 --> 00:00:52,680 Speaker 2: more than five million dollars. But will this attract the investors? 19 00:00:52,680 --> 00:00:54,640 Speaker 2: Stuart Nash will be joining me on how to sell 20 00:00:54,680 --> 00:00:57,840 Speaker 2: the idea to foreigners just before six. We'll have correspondence 21 00:00:57,840 --> 00:01:01,240 Speaker 2: from all around New Zealand. Don Demaio's US from Australia 22 00:01:01,280 --> 00:01:03,160 Speaker 2: and you can have your say on the text. The 23 00:01:03,240 --> 00:01:05,919 Speaker 2: number is ninety two ninety two. A small charge does apply. 24 00:01:06,240 --> 00:01:07,880 Speaker 2: It's seven minutes after five. 25 00:01:09,240 --> 00:01:09,959 Speaker 3: The agenda. 26 00:01:10,240 --> 00:01:13,480 Speaker 2: It's Tuesday, the second of September. More than eight hundred 27 00:01:13,480 --> 00:01:16,679 Speaker 2: people have been killed and thousands others injured after a 28 00:01:16,800 --> 00:01:21,560 Speaker 2: six magnitude quake hit eastern Afghanistan. Offici'll say most deaths 29 00:01:21,560 --> 00:01:23,880 Speaker 2: are in the Kunar province and are warning the death 30 00:01:23,920 --> 00:01:28,280 Speaker 2: toll could climb as entire villages lie in ruins. 31 00:01:28,600 --> 00:01:33,000 Speaker 4: The area as described is really really difficult. The terrain 32 00:01:33,240 --> 00:01:37,000 Speaker 4: is mountainous. This is a place where homes are almost 33 00:01:37,040 --> 00:01:40,280 Speaker 4: built on top of each other in a sort of telespace. 34 00:01:40,360 --> 00:01:43,280 Speaker 4: So when an earthquake, if this magnitude happens, these homes 35 00:01:43,280 --> 00:01:45,480 Speaker 4: are tumbling on top of each other. And because it 36 00:01:45,560 --> 00:01:48,440 Speaker 4: was so late a pint people wear up their homes. 37 00:01:49,280 --> 00:01:51,320 Speaker 2: Now to China we go and put in a mahdi 38 00:01:51,440 --> 00:01:54,080 Speaker 2: had their meeting at the summit in Beijing. By the way, 39 00:01:54,200 --> 00:01:56,920 Speaker 2: Kim Jong un is on his way in an armored 40 00:01:57,000 --> 00:02:00,000 Speaker 2: train for Beijing's big military parade tomorrow. 41 00:02:00,480 --> 00:02:05,160 Speaker 5: With this one army between China, India and Russia. Mister 42 00:02:05,240 --> 00:02:08,320 Speaker 5: Mardy is showing that he cannot be pushed into a 43 00:02:08,400 --> 00:02:11,079 Speaker 5: corner by the US and is answering back. And that's 44 00:02:11,080 --> 00:02:12,800 Speaker 5: what his supporters are saying. 45 00:02:13,200 --> 00:02:17,360 Speaker 2: And the summer's Vladimir Putin claimed he's reached understandings with 46 00:02:17,560 --> 00:02:20,200 Speaker 2: Donald Trump on ending the war in Ukraine after talk 47 00:02:20,240 --> 00:02:21,280 Speaker 2: to Alesca last month. 48 00:02:21,320 --> 00:02:24,280 Speaker 3: He is saying that he welcomes China and India in 49 00:02:24,320 --> 00:02:27,160 Speaker 3: their efforts to bring it to an end, but underlining 50 00:02:27,160 --> 00:02:29,240 Speaker 3: again that as far as he's concerned, that has to 51 00:02:29,280 --> 00:02:33,680 Speaker 3: be on his term. So totally maximalist position from Russia. 52 00:02:33,880 --> 00:02:36,880 Speaker 2: And I'll have more on this big week in China 53 00:02:36,919 --> 00:02:39,120 Speaker 2: in Beijing in just a few moments time. And finally, 54 00:02:39,280 --> 00:02:43,119 Speaker 2: it's been forty years since the discovery of the Titanic 55 00:02:43,120 --> 00:02:59,480 Speaker 2: at the bottom of the Ocean where so the Titanic, 56 00:02:59,600 --> 00:03:02,800 Speaker 2: the un thinkable ship, encountered an iceberg on the fourteenth 57 00:03:02,840 --> 00:03:05,880 Speaker 2: of April nineteen twelve on its first ever voyage. It 58 00:03:05,960 --> 00:03:08,639 Speaker 2: was found in the Atlantic seventy three years later, on 59 00:03:08,680 --> 00:03:13,440 Speaker 2: this day in nineteen eighty five, I went in my room. 60 00:03:13,720 --> 00:03:17,600 Speaker 2: You knew something had happened, and one man said, look 61 00:03:17,639 --> 00:03:21,480 Speaker 2: at that that's an iceberg and it's a waba. 62 00:03:23,120 --> 00:03:25,720 Speaker 1: The first word on the News of the Day early 63 00:03:25,840 --> 00:03:29,680 Speaker 1: edition with Andrew Dickens and one Root Love Where you 64 00:03:29,760 --> 00:03:31,320 Speaker 1: Live News Talks, I'd be. 65 00:03:31,520 --> 00:03:33,080 Speaker 2: It's ten out to five. I don't know about you, 66 00:03:33,120 --> 00:03:35,000 Speaker 2: but I am just a little bit unsettled by this 67 00:03:35,120 --> 00:03:38,920 Speaker 2: Shanghai Cooperation Organization's summit that's been happening over the weekend 68 00:03:38,960 --> 00:03:42,520 Speaker 2: and into this week. President z of China has been 69 00:03:42,520 --> 00:03:45,720 Speaker 2: welcoming leaders from around Asia in sixteen leaders of countries 70 00:03:45,760 --> 00:03:49,120 Speaker 2: they call dialogue partners. And the point of all of this, 71 00:03:49,240 --> 00:03:51,920 Speaker 2: of course is to talk trade and to talk partnerships, 72 00:03:52,240 --> 00:03:54,800 Speaker 2: but it's also to challenge the US led summits like 73 00:03:54,920 --> 00:03:59,320 Speaker 2: NATO or G seven talks, to prove that nations excluded 74 00:03:59,320 --> 00:04:01,880 Speaker 2: from those organized stations have something to say about the 75 00:04:01,880 --> 00:04:05,120 Speaker 2: world as well. The role call of those attending the 76 00:04:05,160 --> 00:04:09,040 Speaker 2: summit is a real rogues gallery. We've got putin from 77 00:04:09,120 --> 00:04:12,320 Speaker 2: Russia there, Madi from India, one from Turkey, and of 78 00:04:12,320 --> 00:04:15,280 Speaker 2: course the Chinese representatives of an enormous block of the 79 00:04:15,280 --> 00:04:17,599 Speaker 2: world's population, and all with a bit of a beef 80 00:04:17,680 --> 00:04:20,520 Speaker 2: with America in the west. Right now, now, North Korea 81 00:04:20,560 --> 00:04:22,800 Speaker 2: is not there for the weekend, but Kim Jong un 82 00:04:23,000 --> 00:04:26,440 Speaker 2: is attending the separate military parade in Tianaman Square in 83 00:04:26,480 --> 00:04:29,920 Speaker 2: Beijing tomorrow. That's being held to commemorate the eightieth anniversary 84 00:04:29,920 --> 00:04:32,200 Speaker 2: of the end of World War II. So that parade 85 00:04:32,520 --> 00:04:35,520 Speaker 2: is going to see Putin and Ji and Kim Jong 86 00:04:35,680 --> 00:04:39,000 Speaker 2: un all sitting there watching China's tanks and missiles and 87 00:04:39,200 --> 00:04:41,920 Speaker 2: soldiers marching up and down Tianaman Square. That's not at 88 00:04:41,920 --> 00:04:44,640 Speaker 2: all scary, is it. And you know this is going 89 00:04:44,680 --> 00:04:47,880 Speaker 2: to drive Donald Trump absolutely crazy with jealousy because huge 90 00:04:47,920 --> 00:04:50,400 Speaker 2: crowds will be there. It's going to be Kim Jong 91 00:04:50,480 --> 00:04:53,920 Speaker 2: UN's first meeting with jig in over six years, and 92 00:04:54,120 --> 00:04:58,279 Speaker 2: his first major international appearance with other world leaders like 93 00:04:58,320 --> 00:05:01,200 Speaker 2: Putin since taking power back in twenty eleven. He is 94 00:05:01,360 --> 00:05:04,600 Speaker 2: in from the cold, and China and India, well, they 95 00:05:04,600 --> 00:05:07,160 Speaker 2: have been helping Russia fund the war in Ukraine. North 96 00:05:07,240 --> 00:05:09,960 Speaker 2: Korea have been providing soldiers in the conflict. They're all 97 00:05:10,000 --> 00:05:12,560 Speaker 2: having a big day out in Beijing. You know, it's 98 00:05:12,600 --> 00:05:15,080 Speaker 2: kind of like a summit of the bad guys, and 99 00:05:15,120 --> 00:05:17,679 Speaker 2: they're saying to the West, you no longer call the shots, 100 00:05:18,279 --> 00:05:21,280 Speaker 2: And you can't help think that Donald Trump's gung host 101 00:05:21,320 --> 00:05:24,480 Speaker 2: style of diplomacy that sees him thinking he can cut quick, 102 00:05:24,560 --> 00:05:28,320 Speaker 2: easy transactional deals and stop wars cold seems to be 103 00:05:28,360 --> 00:05:31,680 Speaker 2: having the opposite effect. Instead of stopping the bad guys, 104 00:05:32,040 --> 00:05:36,120 Speaker 2: seems to be driving them closer together. Now, by the way, 105 00:05:36,160 --> 00:05:38,520 Speaker 2: Helen Clark and John Key will be our representatives at 106 00:05:38,520 --> 00:05:40,720 Speaker 2: this parade. They were invited. They're paying their own way. 107 00:05:41,520 --> 00:05:43,720 Speaker 2: They think they were invited because they were involved back 108 00:05:43,760 --> 00:05:45,680 Speaker 2: in the day in the New Zealand China Free Trade 109 00:05:45,680 --> 00:05:49,120 Speaker 2: Agreement and to represent New Zealand after our involvement in 110 00:05:49,160 --> 00:05:52,159 Speaker 2: the Pacific War. And Helen Clark thinks it's important to 111 00:05:52,200 --> 00:05:54,560 Speaker 2: be an heir at things like this, and I agree, 112 00:05:54,560 --> 00:05:56,960 Speaker 2: And I'll talk more about why this big parade is 113 00:05:57,000 --> 00:05:58,960 Speaker 2: actually a real big deal for the Pacific a bit 114 00:05:59,040 --> 00:06:02,000 Speaker 2: later on in the program. It's twelve minutes after five. 115 00:06:02,160 --> 00:06:04,400 Speaker 2: So the New Zealand Initiative have been looking at just 116 00:06:04,440 --> 00:06:07,440 Speaker 2: how many public servants we have, how many ministries we have, 117 00:06:08,839 --> 00:06:12,280 Speaker 2: how bloated the whole bureaucracy is it is, and there 118 00:06:12,320 --> 00:06:14,520 Speaker 2: is a war against public servants, and that's true, and 119 00:06:14,560 --> 00:06:17,120 Speaker 2: we're trying to cut things down and rationalize things so 120 00:06:17,240 --> 00:06:21,120 Speaker 2: how is the PSA who represents these people feeling about this. 121 00:06:21,480 --> 00:06:22,599 Speaker 2: We're talking to them. 122 00:06:22,440 --> 00:06:27,840 Speaker 1: Next on your radio and online on iHeartRadio early edition 123 00:06:28,120 --> 00:06:31,839 Speaker 1: with Andrew Dickens and one roof Love where you Live. 124 00:06:32,040 --> 00:06:34,960 Speaker 2: Used talk said being it is I point fifteen. How 125 00:06:35,040 --> 00:06:39,320 Speaker 2: many ministries is too many? Will? A report out today 126 00:06:39,839 --> 00:06:43,240 Speaker 2: says we have way too many? The New Zealand Initiative 127 00:06:43,240 --> 00:06:46,039 Speaker 2: reckons we could easily cut over twenty departments and actually 128 00:06:46,080 --> 00:06:49,200 Speaker 2: make our bureaucracy run smoother. So Flur fitz Simons is 129 00:06:49,240 --> 00:06:51,839 Speaker 2: the PSA National Secretary and she joins me. Now, Helloflur, 130 00:06:53,760 --> 00:06:55,920 Speaker 2: there we go, Flirt. Sorry the buttons wasn't working very well. 131 00:06:56,000 --> 00:06:59,480 Speaker 2: Hello Flur, good morning. So we got eighty one minister 132 00:06:59,520 --> 00:07:03,320 Speaker 2: report foit eight ministers, forty three departments, three times as 133 00:07:03,320 --> 00:07:07,040 Speaker 2: many portfolios and nearly twice as many departments as comparable 134 00:07:07,040 --> 00:07:10,800 Speaker 2: countries like Ireland. Surely this can be rationalized. 135 00:07:12,200 --> 00:07:14,880 Speaker 6: Well, we don't object to the discussion about this, but 136 00:07:14,960 --> 00:07:17,400 Speaker 6: I think you have to understand that it's taking place 137 00:07:17,440 --> 00:07:21,200 Speaker 6: in a political context driven by the act Party. He 138 00:07:21,560 --> 00:07:24,400 Speaker 6: David Seymour was very supportive of an earlier version of 139 00:07:24,440 --> 00:07:28,000 Speaker 6: this report, and he's been consistent in saying we need 140 00:07:28,040 --> 00:07:31,400 Speaker 6: to dismiss thousands more public servants and we need to 141 00:07:31,800 --> 00:07:35,560 Speaker 6: move towards models of privatization. Now, I don't think that's 142 00:07:35,680 --> 00:07:38,800 Speaker 6: going to find favor with New Zealanders, and I think 143 00:07:38,840 --> 00:07:41,840 Speaker 6: it would be very dangerous for the delivery of public services. 144 00:07:41,920 --> 00:07:43,680 Speaker 6: So there's a lot of red flags of this report. 145 00:07:43,720 --> 00:07:45,600 Speaker 2: Do you really think it's just ACT Party and the 146 00:07:45,640 --> 00:07:47,800 Speaker 2: ACT Party supporters that are a bit worried about the 147 00:07:47,840 --> 00:07:50,400 Speaker 2: bloated size of our public service? Don't you think it's 148 00:07:50,520 --> 00:07:51,480 Speaker 2: much more widespread? 149 00:07:52,240 --> 00:07:54,360 Speaker 6: Well, when you said bloater, let's look at some of 150 00:07:54,400 --> 00:07:58,800 Speaker 6: the proposals in this report. They, for example, suggest merging 151 00:07:58,880 --> 00:08:02,920 Speaker 6: the Cancer Control Agency into the Ministry of Health. In 152 00:08:02,960 --> 00:08:07,280 Speaker 6: New Zealand, we've had cancer advocates for years calling for 153 00:08:07,320 --> 00:08:10,720 Speaker 6: an agency to hold our health system to accounts. They 154 00:08:10,800 --> 00:08:14,400 Speaker 6: finally got it in the Cancer Control Agency. This report 155 00:08:14,480 --> 00:08:17,320 Speaker 6: doesn't look at the value of that agency, the history 156 00:08:17,320 --> 00:08:19,960 Speaker 6: of its creation, or the importance of its work. It 157 00:08:20,040 --> 00:08:22,640 Speaker 6: simply looks at numbers. Now, when you do that, when 158 00:08:22,680 --> 00:08:26,080 Speaker 6: it comes to something like public policy, it's actually very dangerous. 159 00:08:26,200 --> 00:08:28,800 Speaker 6: But no, I don't think it's as simple as the numbers. 160 00:08:28,840 --> 00:08:31,720 Speaker 2: Where is the go to for advocates when they say 161 00:08:31,720 --> 00:08:33,679 Speaker 2: we've got to do something about cancer, to or just 162 00:08:33,760 --> 00:08:36,600 Speaker 2: automatically say well, let's have another ministry, let's have another department, 163 00:08:36,640 --> 00:08:37,959 Speaker 2: let's have another bureaucracy. 164 00:08:38,880 --> 00:08:40,960 Speaker 6: Well, I don't want to downplay the work that those 165 00:08:41,000 --> 00:08:44,120 Speaker 6: patient advocates did in the frustration that they felt with 166 00:08:44,200 --> 00:08:47,559 Speaker 6: our health system when it came to getting decent cancer treatment. 167 00:08:48,040 --> 00:08:50,800 Speaker 6: But it's not just those patient advocates. If you look 168 00:08:50,840 --> 00:08:53,720 Speaker 6: at what happens in New Zealand where we have a 169 00:08:54,240 --> 00:08:57,920 Speaker 6: disaster or a significant event that we need to investigate, 170 00:08:58,120 --> 00:09:01,240 Speaker 6: we set up a Royal commission Hype River abuse in 171 00:09:01,280 --> 00:09:05,040 Speaker 6: state care, the christ Church terrorist attack. Now those commissions 172 00:09:05,200 --> 00:09:08,800 Speaker 6: look carefully at what went wrong that lead to these 173 00:09:08,840 --> 00:09:11,439 Speaker 6: disasters and how we could do better. If you look 174 00:09:11,440 --> 00:09:14,920 Speaker 6: at the recommendations of those commissions, none of them say 175 00:09:15,160 --> 00:09:18,680 Speaker 6: less public services or less investment in public services. They 176 00:09:18,720 --> 00:09:20,800 Speaker 6: all say we need to do more, we need to 177 00:09:20,840 --> 00:09:23,000 Speaker 6: look more carefully. Here's how we need to set up 178 00:09:23,000 --> 00:09:25,160 Speaker 6: our public policy administration in New Zealand. 179 00:09:25,400 --> 00:09:27,120 Speaker 2: Let's just take the money out of it, let's take 180 00:09:27,200 --> 00:09:29,840 Speaker 2: the advocacy out of it. But doesn't the amount of 181 00:09:29,920 --> 00:09:34,000 Speaker 2: bureaucrats we currently have just lead to confusion and are 182 00:09:34,000 --> 00:09:37,079 Speaker 2: slowing down of our public service. For instance, MB currently 183 00:09:37,160 --> 00:09:40,199 Speaker 2: answers to twenty different ministers. That's confusing. 184 00:09:41,600 --> 00:09:44,960 Speaker 6: Well, actually that's the kind of consolidation that this report's 185 00:09:45,000 --> 00:09:48,559 Speaker 6: asking for more of. So if that's confusing, then the 186 00:09:48,920 --> 00:09:51,280 Speaker 6: reporter is itself confusing, and I think it is. It 187 00:09:51,440 --> 00:09:55,479 Speaker 6: actually just takes a numerica and that analysis and overlays 188 00:09:55,520 --> 00:09:59,160 Speaker 6: it onto public agencies. There's no proper assessment of the 189 00:09:59,200 --> 00:10:01,880 Speaker 6: importance of, for example, the work of the Ministry for 190 00:10:01,960 --> 00:10:04,200 Speaker 6: Woman or the work of the Ministry for Pacific people, 191 00:10:04,360 --> 00:10:06,800 Speaker 6: their history, the role that they play, and I think 192 00:10:06,800 --> 00:10:08,600 Speaker 6: it's just through some plastic when you look at it 193 00:10:08,600 --> 00:10:09,000 Speaker 6: that way. 194 00:10:09,880 --> 00:10:11,400 Speaker 2: All right, flirt, and I thank you so much for 195 00:10:11,440 --> 00:10:14,640 Speaker 2: your time today. Flur Fit Simons is from the PSA. 196 00:10:14,720 --> 00:10:17,840 Speaker 2: She is the National Secretary of the PSA, and of course, 197 00:10:17,880 --> 00:10:19,960 Speaker 2: as we all know, Turkeys don't vote for Christmas, so 198 00:10:20,280 --> 00:10:23,080 Speaker 2: she's not going to look very fondly on any rationalization 199 00:10:23,160 --> 00:10:25,800 Speaker 2: of any job at all. Text through from Howard fitz 200 00:10:25,800 --> 00:10:28,480 Speaker 2: Simons is out of touch. Countries of similar size have 201 00:10:29,000 --> 00:10:32,880 Speaker 2: way less bureaucrats. Where a city the size of a 202 00:10:32,920 --> 00:10:35,600 Speaker 2: city with sixty five thousand bureaucrats, and that is just 203 00:10:35,720 --> 00:10:38,400 Speaker 2: ridiculous thinking for your text, Howard ninety two to ninety 204 00:10:38,400 --> 00:10:40,319 Speaker 2: two is the numbered the phone? A bit of bad 205 00:10:40,360 --> 00:10:42,000 Speaker 2: news around at the moment for a couple of former 206 00:10:42,040 --> 00:10:44,640 Speaker 2: American high fliers. You may know the names. Robert Muehler, 207 00:10:45,000 --> 00:10:48,200 Speaker 2: the former head of the FBI, has Parkinson's. He's using 208 00:10:48,240 --> 00:10:50,600 Speaker 2: that condition to get out of testifying about the FBI's 209 00:10:50,640 --> 00:10:54,600 Speaker 2: investigation into Epstein. And Rudy Giuliani, the man with the 210 00:10:54,640 --> 00:10:57,360 Speaker 2: melting hair, the former New York City mayor and lawyer 211 00:10:57,360 --> 00:11:00,520 Speaker 2: for President Trump. Rudy suffered a fractured vie in a 212 00:11:00,520 --> 00:11:03,480 Speaker 2: car crash in New Hampshire. So the interest rates are 213 00:11:03,480 --> 00:11:07,120 Speaker 2: going down, but the housing market is still stuck. What's 214 00:11:07,160 --> 00:11:09,079 Speaker 2: that about. We'll talk about this with a mortgage broken 215 00:11:09,120 --> 00:11:12,000 Speaker 2: next here on news Talk ZBB. It's five twenty. 216 00:11:12,440 --> 00:11:15,800 Speaker 1: Views and views you trust to start your day. It's 217 00:11:15,880 --> 00:11:19,720 Speaker 1: earlier this Ship with Andrew Dickins and one roof Love 218 00:11:19,800 --> 00:11:21,520 Speaker 1: Where you live newstalks'd B. 219 00:11:21,760 --> 00:11:24,319 Speaker 2: So let's talk about property. Interest rates are softening and 220 00:11:24,440 --> 00:11:28,800 Speaker 2: the proper property market though, is still in limbosh. Excuse me, 221 00:11:28,800 --> 00:11:31,960 Speaker 2: So we've got centric data which was out today. It 222 00:11:32,040 --> 00:11:34,600 Speaker 2: shows new mortgage lending is up twenty five percent year 223 00:11:34,640 --> 00:11:39,360 Speaker 2: on year, listing's up nine percent, and yet prices remain flat. 224 00:11:39,559 --> 00:11:41,600 Speaker 2: So is now really the time to buy? I'm joined 225 00:11:41,600 --> 00:11:44,640 Speaker 2: by Jeremy andrews Now. Jeremy's a mortgage broker at Key Mortgages, 226 00:11:44,679 --> 00:11:46,559 Speaker 2: and I thank you for joining us. Good morning to you, Jeremy, 227 00:11:47,559 --> 00:11:50,160 Speaker 2: Good morning Andrew. You're noticing the uptick and new mortgages. 228 00:11:52,280 --> 00:11:55,840 Speaker 7: It's kind of up and down a bit at the moment. Suddenly, 229 00:11:56,040 --> 00:12:00,199 Speaker 7: the last couple of months were very big months turn 230 00:12:00,240 --> 00:12:03,880 Speaker 7: around times with banks were really blowing out. But it 231 00:12:03,880 --> 00:12:06,439 Speaker 7: has dropped off just a little bit now, so it's 232 00:12:06,520 --> 00:12:08,199 Speaker 7: kind of it comes in waves. 233 00:12:08,600 --> 00:12:10,760 Speaker 2: With the mortgage lending up twenty five percent of people 234 00:12:10,760 --> 00:12:13,480 Speaker 2: are borrowing and yet not buying. Then what are they 235 00:12:13,480 --> 00:12:14,840 Speaker 2: spending the borrowed money on. 236 00:12:19,000 --> 00:12:24,640 Speaker 7: It's probably just around when they're buying. I think we've 237 00:12:24,640 --> 00:12:26,360 Speaker 7: certainly got We've got a lot of people at the 238 00:12:26,360 --> 00:12:31,079 Speaker 7: moment just getting pre approved. Interest rates have dropped a lot, 239 00:12:31,280 --> 00:12:38,520 Speaker 7: especially with their latest OCR drop the the Committee. One 240 00:12:38,559 --> 00:12:41,160 Speaker 7: of the big changes compared to the previous OCR review 241 00:12:41,480 --> 00:12:44,200 Speaker 7: is two out of six in the Reserve Bank Committee 242 00:12:44,880 --> 00:12:48,600 Speaker 7: voted for a fifty drop, a fifty point drop rather 243 00:12:48,679 --> 00:12:51,439 Speaker 7: than twenty five. So following that, interest rates have dropped 244 00:12:51,480 --> 00:12:52,080 Speaker 7: a lot more. 245 00:12:52,520 --> 00:12:55,959 Speaker 2: Yeah, so you reckon that the market is actually factoring 246 00:12:55,960 --> 00:12:57,960 Speaker 2: in the fact that there may be even more interest 247 00:12:58,000 --> 00:12:59,960 Speaker 2: rate drops and so they might hold off a little 248 00:13:00,080 --> 00:13:00,560 Speaker 2: bit longer. 249 00:13:02,679 --> 00:13:05,160 Speaker 7: Yeah, there are a lot of people just kind of 250 00:13:05,800 --> 00:13:11,320 Speaker 7: getting getting approved and just holding off. I saw just 251 00:13:11,400 --> 00:13:14,880 Speaker 7: lately a lot more activity. I saw we had one 252 00:13:14,920 --> 00:13:17,560 Speaker 7: client going to auction and there were nine people registered 253 00:13:18,160 --> 00:13:19,920 Speaker 7: to bid at that auction, which is the first time 254 00:13:19,920 --> 00:13:22,640 Speaker 7: I've seen that in a long time. So I think 255 00:13:22,679 --> 00:13:25,440 Speaker 7: people are still being it's still a buyer's market, and 256 00:13:25,640 --> 00:13:27,720 Speaker 7: people are still being a bit kind of cautious just 257 00:13:27,760 --> 00:13:30,400 Speaker 7: around how much they spend. I don't think FOMO is 258 00:13:30,480 --> 00:13:35,240 Speaker 7: really really fully getted. True, it is a little bit now. 259 00:13:35,720 --> 00:13:39,080 Speaker 2: So the house prices they're still slowly dropping, but we've 260 00:13:39,080 --> 00:13:41,280 Speaker 2: got buyers and they cashed up, they've got their mortgages, 261 00:13:41,280 --> 00:13:43,640 Speaker 2: they're ready to go. So how long before we see 262 00:13:43,960 --> 00:13:46,360 Speaker 2: house prices turning the corner and going the other way. 263 00:13:48,120 --> 00:13:51,200 Speaker 7: I think we probably I think we have turned that corner, 264 00:13:51,640 --> 00:13:54,440 Speaker 7: or we must be very close if we haven't. It 265 00:13:54,480 --> 00:13:56,800 Speaker 7: depends on the region as well. I know some regions 266 00:13:56,920 --> 00:14:01,839 Speaker 7: haven't really really been coming down, still going head a 267 00:14:02,600 --> 00:14:08,200 Speaker 7: couple of big metros that are still struggling. In terms 268 00:14:07,760 --> 00:14:11,360 Speaker 7: of when we turn that corner, I think we'll probably 269 00:14:11,400 --> 00:14:15,080 Speaker 7: see Yeah, it'll be quite a hot summer ahead. 270 00:14:15,440 --> 00:14:17,679 Speaker 2: Jerry Andrews from Key Mortgages. I thank you so much 271 00:14:17,679 --> 00:14:19,800 Speaker 2: for your time. It is now five twenty five News Talks. 272 00:14:19,840 --> 00:14:24,160 Speaker 1: It be the early edition full show podcast on iHeartRadio 273 00:14:24,440 --> 00:14:25,560 Speaker 1: powered by News Talks. 274 00:14:25,560 --> 00:14:28,680 Speaker 2: It be News Talks B five twenty six. Less took 275 00:14:28,720 --> 00:14:32,320 Speaker 2: the really important stuff. Let's took water. The government's new 276 00:14:32,360 --> 00:14:35,040 Speaker 2: plan for water services has called local Water Done Well. 277 00:14:35,240 --> 00:14:37,160 Speaker 2: It's all about keeping control on the hands of local 278 00:14:37,200 --> 00:14:40,880 Speaker 2: councils and communities rather than creating those big centralized bodies, 279 00:14:40,920 --> 00:14:44,640 Speaker 2: which was what three Waters did. Eventually, Labour's three Waters 280 00:14:44,760 --> 00:14:48,200 Speaker 2: idea caved and the policy got renamed ten Waters because 281 00:14:48,200 --> 00:14:51,280 Speaker 2: there'll be ten bodies. But even that wasn't popular, And 282 00:14:51,320 --> 00:14:54,040 Speaker 2: of course it was that travelsome politics around Malordi co 283 00:14:54,240 --> 00:14:57,080 Speaker 2: governance that freaked a lot of people out. So now 284 00:14:57,480 --> 00:14:59,880 Speaker 2: we've got national in and councilors have to submit their 285 00:15:00,080 --> 00:15:03,480 Speaker 2: water services delivery plans showing how they'll manage drinking water, 286 00:15:03,600 --> 00:15:07,640 Speaker 2: wastewater and storm water. There'll be oversight from regulators, but 287 00:15:07,720 --> 00:15:11,040 Speaker 2: the big focuses on local decision making and community accountability 288 00:15:11,040 --> 00:15:14,280 Speaker 2: and better outcomes. And that water service delivery plan has 289 00:15:14,320 --> 00:15:17,360 Speaker 2: to be delivered to the Secretary for Local Government tomorrow 290 00:15:17,560 --> 00:15:20,640 Speaker 2: the third of September. And these plans outline how each 291 00:15:20,720 --> 00:15:25,200 Speaker 2: council will deliver and fund water services. It looks to 292 00:15:25,240 --> 00:15:27,160 Speaker 2: me like it's going to be a bus And the 293 00:15:27,200 --> 00:15:30,640 Speaker 2: big sticking point is funding, which was actually at the 294 00:15:30,640 --> 00:15:33,120 Speaker 2: core of Three Waters. Three Waters was going to force 295 00:15:33,160 --> 00:15:36,240 Speaker 2: water services to be amalgamated the asseots used to borrow 296 00:15:36,280 --> 00:15:39,000 Speaker 2: against and the loans paid off by water rates, not rates, 297 00:15:39,480 --> 00:15:42,320 Speaker 2: to give them more money to fix the pipes. Local 298 00:15:42,360 --> 00:15:44,800 Speaker 2: Waters done well allows for that to happen too, but 299 00:15:44,840 --> 00:15:47,400 Speaker 2: the big difference was it has to be done voluntarily 300 00:15:47,440 --> 00:15:49,880 Speaker 2: by the councils, and it turns out they don't want 301 00:15:49,920 --> 00:15:51,720 Speaker 2: to do that. And I'll give you a concrete example. 302 00:15:52,080 --> 00:15:55,640 Speaker 2: Teams Corrimandal might be a water services situation. The place 303 00:15:55,720 --> 00:15:59,120 Speaker 2: is mountainous, the weather events extreme, there's hardly any rate payers, 304 00:15:59,200 --> 00:16:02,440 Speaker 2: and then the population explodes in summer. The Thames Coromand 305 00:16:02,480 --> 00:16:05,240 Speaker 2: of Council wanted to join forces with Todonga and Western 306 00:16:05,280 --> 00:16:08,400 Speaker 2: Bays to form a bigger regional body to fund the 307 00:16:08,440 --> 00:16:12,040 Speaker 2: water off their existing assets. But Teldonger doesn't want the 308 00:16:12,080 --> 00:16:14,920 Speaker 2: hassle of Thames Coromandel. Who would and so that deal 309 00:16:14,960 --> 00:16:18,040 Speaker 2: hasn't happened. And the estimation is that this is going 310 00:16:18,080 --> 00:16:21,360 Speaker 2: to put five to six hundred dollars onto the Thames 311 00:16:21,440 --> 00:16:25,240 Speaker 2: Corimandal rates. Now we all want better water, but we 312 00:16:25,320 --> 00:16:27,760 Speaker 2: also want lower rates. And we're going to find out 313 00:16:27,800 --> 00:16:30,240 Speaker 2: tomorrow what's going to happen with the water. But at 314 00:16:30,280 --> 00:16:32,080 Speaker 2: the moment to me, it looks like the policy should 315 00:16:32,080 --> 00:16:36,200 Speaker 2: be renamed local Water, done not very well and not funded. 316 00:16:36,520 --> 00:16:39,360 Speaker 2: And after all the talk about water reform, we're right 317 00:16:39,400 --> 00:16:41,840 Speaker 2: back at where we started from. And you and I 318 00:16:42,120 --> 00:16:44,560 Speaker 2: and all the rate payers are the ones who are 319 00:16:44,600 --> 00:16:47,680 Speaker 2: going to have to pay for it. Did be five 320 00:16:47,840 --> 00:16:52,000 Speaker 2: twenty nine. I've got Stuart Nash to chat about. Of course, 321 00:16:52,120 --> 00:16:56,240 Speaker 2: this new rule with the visas, the Golden visas, and 322 00:16:56,240 --> 00:16:58,240 Speaker 2: now I can buy a property worth five million dollars. 323 00:16:58,320 --> 00:17:01,040 Speaker 2: Three hundred and eight people have applied for the Golden visa. 324 00:17:01,560 --> 00:17:04,720 Speaker 2: Do you think these properties are going to being available 325 00:17:04,720 --> 00:17:06,080 Speaker 2: to them now is going to make a difference, is 326 00:17:06,119 --> 00:17:09,160 Speaker 2: going to cause a further rise and this We'll talk 327 00:17:09,200 --> 00:17:11,199 Speaker 2: to Sturt about this, and he's good because he's a 328 00:17:11,240 --> 00:17:15,240 Speaker 2: former immigration minister. He's doing immigration advisory right now and 329 00:17:15,280 --> 00:17:17,320 Speaker 2: he knows the politics of things and he's talking to 330 00:17:17,359 --> 00:17:19,800 Speaker 2: these people that have got the Golden visa. So we've 331 00:17:19,840 --> 00:17:22,200 Speaker 2: got that story. That's a big story. Just before six. 332 00:17:22,600 --> 00:17:25,040 Speaker 2: I'll run you through everything about that right after the News, 333 00:17:25,040 --> 00:17:26,720 Speaker 2: which is next on News Talks. 334 00:17:26,440 --> 00:17:30,919 Speaker 8: Ab As of this World. 335 00:17:38,880 --> 00:17:42,840 Speaker 1: Andrew dickens on earlier this show with one roof love 336 00:17:42,880 --> 00:17:44,520 Speaker 1: where you live used Talks it be. 337 00:17:47,600 --> 00:17:57,639 Speaker 2: That's good morning and welcome to your Tuesday. I'm Andrew Dickinson, 338 00:17:57,680 --> 00:18:03,520 Speaker 2: perwine Bridge, who's getting some and having a sleep them g. 339 00:18:03,720 --> 00:18:06,480 Speaker 2: You're really not liking the PSA's reluctance to see a 340 00:18:06,560 --> 00:18:10,000 Speaker 2: rationalization of public bureaucracy, as suggested by the New Zealand Initiative. 341 00:18:10,320 --> 00:18:13,480 Speaker 2: Simon writes, Andrew, unneeded ministries must be like gliding on 342 00:18:14,000 --> 00:18:16,720 Speaker 2: a twenty twenties version. What do they do all day? 343 00:18:16,960 --> 00:18:20,480 Speaker 2: Simon another text to says ministries to check on other ministries. 344 00:18:20,520 --> 00:18:23,680 Speaker 2: It's just ridiculous, and Graham says, Andrew, it's about time 345 00:18:23,720 --> 00:18:25,200 Speaker 2: we kept up with the plan to make our public 346 00:18:25,240 --> 00:18:28,880 Speaker 2: service smaller and more efficient. Flurfit Simon seem to think 347 00:18:28,880 --> 00:18:32,320 Speaker 2: that we all want some woke reports to run our lives. 348 00:18:32,320 --> 00:18:35,000 Speaker 2: Get real people the whole problem, as it's costing way 349 00:18:35,000 --> 00:18:37,000 Speaker 2: too much. Thank you so much for your text, Graham. 350 00:18:37,080 --> 00:18:40,560 Speaker 2: Now we're talking about this new ability for active investor 351 00:18:40,600 --> 00:18:44,200 Speaker 2: plus visa holders to purchase properties with Stuart Natt a 352 00:18:44,240 --> 00:18:47,640 Speaker 2: bit later on. So foreign buyers are still banned from 353 00:18:47,640 --> 00:18:52,600 Speaker 2: purchasing most residential properties. The property you buy has to 354 00:18:52,600 --> 00:18:55,000 Speaker 2: be valued at five million dollars or more, and that 355 00:18:55,080 --> 00:18:57,840 Speaker 2: excludes over ninety nine percent of homes on the market. 356 00:18:58,000 --> 00:19:00,280 Speaker 2: I think last year's figure point five percent scent of 357 00:19:00,280 --> 00:19:03,440 Speaker 2: homes for over five million dollars. Now, the whole exemption 358 00:19:04,480 --> 00:19:07,000 Speaker 2: to allow them to buy those big homes is to 359 00:19:07,280 --> 00:19:11,320 Speaker 2: attract high net worth individuals who should then invest millions 360 00:19:11,359 --> 00:19:14,720 Speaker 2: into New Zealand's economy. Rural, farm and sensitive land excluded 361 00:19:14,760 --> 00:19:17,919 Speaker 2: from the exemption. Only one home per investor is allowed 362 00:19:17,960 --> 00:19:21,200 Speaker 2: under the new rule to stop speculation and flipping. There 363 00:19:21,200 --> 00:19:23,359 Speaker 2: have been three hundred and eight applications for the gold 364 00:19:23,400 --> 00:19:25,720 Speaker 2: and visa. That visa. If you get that visa, it 365 00:19:25,880 --> 00:19:30,960 Speaker 2: requires multimillion dollar investments in New Zealand businesses or funds, 366 00:19:31,160 --> 00:19:33,240 Speaker 2: so not just property. So they're bringing more than just 367 00:19:33,240 --> 00:19:35,480 Speaker 2: the five million bucks of the house. How will it work? 368 00:19:35,640 --> 00:19:38,320 Speaker 2: Will it work? With Stuart Nash just before six, it's 369 00:19:38,359 --> 00:19:42,560 Speaker 2: twenty two to six news talk z be in the country. 370 00:19:42,560 --> 00:19:44,879 Speaker 2: We go and first to Otago Kellum Proctor. Good morning, 371 00:19:45,440 --> 00:19:48,639 Speaker 2: morning Andrew. The Regional Council. They're assessing the effects of 372 00:19:48,680 --> 00:19:50,320 Speaker 2: earthquakes in the Kluther region. 373 00:19:51,280 --> 00:19:51,520 Speaker 6: Yeah. 374 00:19:51,520 --> 00:19:54,560 Speaker 9: This has been an independent assessment that's part of the 375 00:19:54,560 --> 00:19:57,600 Speaker 9: Regional Council's natural hazards work here. It looked at three 376 00:19:57,640 --> 00:20:01,680 Speaker 9: different earthquakes scenarios and the area, which includes bel Kluth 377 00:20:01,840 --> 00:20:05,520 Speaker 9: and Kaitungata, could be affected by liquefaction and a strong 378 00:20:05,560 --> 00:20:09,000 Speaker 9: to severe earthquake due to the soft sediments making up 379 00:20:09,000 --> 00:20:11,840 Speaker 9: the ground there. The more likely scenario, they would result 380 00:20:11,920 --> 00:20:14,720 Speaker 9: in light to moderates shaking with only minor impacts. The 381 00:20:14,760 --> 00:20:17,520 Speaker 9: Regional Council says the study has helped give them a 382 00:20:17,520 --> 00:20:20,720 Speaker 9: better understanding of the damage earthquakes could cause in the 383 00:20:20,760 --> 00:20:23,440 Speaker 9: area and the secondary hazards as well. That could be triggered, 384 00:20:23,520 --> 00:20:27,800 Speaker 9: such as flooding. How's your weather, shewers clear this afternoon 385 00:20:27,840 --> 00:20:30,800 Speaker 9: for us, a strong south easterly, the high only ten today. 386 00:20:31,000 --> 00:20:32,840 Speaker 2: Grace here as we go, classe here were good morning 387 00:20:32,880 --> 00:20:36,639 Speaker 2: to you. Good morning. We've got people camping out in 388 00:20:36,640 --> 00:20:37,600 Speaker 2: a church car park. 389 00:20:37,720 --> 00:20:41,199 Speaker 10: Why yeah, this has caused quite the stink here, Andrew. 390 00:20:41,240 --> 00:20:43,760 Speaker 10: We've got at least ten, possibly now up to twenty 391 00:20:43,880 --> 00:20:47,000 Speaker 10: residents living in a car park of Holy Trinity Church 392 00:20:47,040 --> 00:20:48,000 Speaker 10: at Avonside. 393 00:20:48,200 --> 00:20:49,040 Speaker 2: It's a real set up. 394 00:20:49,119 --> 00:20:51,439 Speaker 10: There are tense campus sheds, you name it. 395 00:20:51,720 --> 00:20:51,880 Speaker 7: Now. 396 00:20:52,000 --> 00:20:54,480 Speaker 10: Some neighbors had complained about this and leading to the 397 00:20:54,560 --> 00:20:58,440 Speaker 10: Christiach City Council issuing an abatement notice demanding the residents 398 00:20:58,440 --> 00:21:01,520 Speaker 10: stop using the car park within a matter of days. Now, 399 00:21:01,560 --> 00:21:04,159 Speaker 10: the short deadline on that notice and the fact that 400 00:21:04,200 --> 00:21:06,320 Speaker 10: the church was happy for the car park to be 401 00:21:06,400 --> 00:21:09,359 Speaker 10: used to this way fired up reaction. We had locals, 402 00:21:09,359 --> 00:21:12,760 Speaker 10: homeless support groups, city councilors all saying that it had 403 00:21:12,800 --> 00:21:16,560 Speaker 10: to stop. Council has now extended the abatement notice until 404 00:21:16,560 --> 00:21:19,359 Speaker 10: early October. This is to allow the residents to access 405 00:21:19,359 --> 00:21:22,520 Speaker 10: to more support and find suitable living arrangements in the 406 00:21:22,560 --> 00:21:26,320 Speaker 10: interim council has organized some rubbish collection from the site 407 00:21:26,440 --> 00:21:29,840 Speaker 10: and also nighttime security patrols in order to promote safety 408 00:21:30,040 --> 00:21:31,520 Speaker 10: and reassure the community. 409 00:21:31,600 --> 00:21:33,480 Speaker 2: How's your weather a bit. 410 00:21:33,400 --> 00:21:36,200 Speaker 10: Frosty to start, They're mainly fine until some scattered showers 411 00:21:36,240 --> 00:21:39,240 Speaker 10: a bit later. This afternoon. Northwesterlyes are high of fifteen 412 00:21:39,480 --> 00:21:40,080 Speaker 10: in Wellington. 413 00:21:40,119 --> 00:21:42,760 Speaker 2: We have Max Toll Good morning, Max, Good morning. The 414 00:21:42,800 --> 00:21:45,359 Speaker 2: City to See Bridge is going to be demolished. 415 00:21:45,880 --> 00:21:46,120 Speaker 11: Yeah. 416 00:21:46,119 --> 00:21:49,200 Speaker 12: This is the prominent walkway that crosses over the keys 417 00:21:49,280 --> 00:21:52,720 Speaker 12: from Civic Square or Jervis Key to the waterfront. This 418 00:21:52,800 --> 00:21:55,880 Speaker 12: big twisty wooden art work with little nooks and crannies 419 00:21:55,880 --> 00:21:59,240 Speaker 12: and quirky timber benches. At the top. You've got large 420 00:21:59,240 --> 00:22:01,560 Speaker 12: concrete slab on the side. You can see from the harbor. 421 00:22:01,760 --> 00:22:06,000 Speaker 12: Quite an impressive large artwork. The Wellington Civic Trust has 422 00:22:06,000 --> 00:22:07,920 Speaker 12: been mounting a lake bid to try to save it. 423 00:22:08,680 --> 00:22:11,679 Speaker 12: No bueno. Unfortunately, the City Council can, as intended, go 424 00:22:11,760 --> 00:22:15,199 Speaker 12: ahead and knock it down rather than paying tens of 425 00:22:15,240 --> 00:22:18,040 Speaker 12: millions of dollars that is required to fix it to 426 00:22:18,080 --> 00:22:21,240 Speaker 12: make it structurally sound. It is slightly controversial this. You 427 00:22:21,280 --> 00:22:26,280 Speaker 12: would think a lot of Wellingtonians quite highly valued this 428 00:22:26,280 --> 00:22:28,399 Speaker 12: this thing. It's probably just become too expensive. 429 00:22:29,040 --> 00:22:29,440 Speaker 11: In six. 430 00:22:29,840 --> 00:22:33,560 Speaker 2: I love that bridge. It's a beautiful bridge. 431 00:22:33,680 --> 00:22:35,480 Speaker 12: Yeah, now I fear we're in the minority. 432 00:22:35,520 --> 00:22:38,960 Speaker 2: Here looks so solid. It does. 433 00:22:39,160 --> 00:22:41,840 Speaker 12: Unfortunately, the bill has ranged anywhere from eighty to one 434 00:22:41,880 --> 00:22:44,720 Speaker 12: hundred and twenty million dollars just to make it, you know, 435 00:22:44,800 --> 00:22:48,879 Speaker 12: earthquake proof. So the council has just gone ahead and 436 00:22:48,920 --> 00:22:51,600 Speaker 12: written it off. Instead, they're going to get to a 437 00:22:51,600 --> 00:22:54,760 Speaker 12: new pedestrian crossing and then perhaps something more significant in 438 00:22:54,760 --> 00:22:56,720 Speaker 12: the long term. But yeah, we're in the minority. 439 00:22:56,760 --> 00:23:00,600 Speaker 2: It's going how worldly boring? How's your wither exactly? 440 00:23:00,640 --> 00:23:03,640 Speaker 12: I mainly find today some showers later on strong winds 441 00:23:03,640 --> 00:23:05,320 Speaker 12: fifteen the high Central and. 442 00:23:05,240 --> 00:23:07,000 Speaker 2: To walk on we go. Neither written many Good morning 443 00:23:07,000 --> 00:23:10,040 Speaker 2: to you, Good morning to Marbicks's closing in Queen's Arcade. 444 00:23:10,320 --> 00:23:14,280 Speaker 2: Just one of the great retailers. Yes, music music retails. 445 00:23:14,080 --> 00:23:16,600 Speaker 8: USIC retailers. Yes, you'll be feeling quite emotional about that. 446 00:23:16,680 --> 00:23:19,440 Speaker 8: Oh very you'll remember, you'll have fond memories. 447 00:23:19,600 --> 00:23:21,520 Speaker 2: Well look, I was actually in my garage in the 448 00:23:21,520 --> 00:23:24,800 Speaker 2: weekend looking at my CD collection. Wow, which was quite 449 00:23:25,000 --> 00:23:27,080 Speaker 2: comprehensive and a lot of them had the Marbick sticker 450 00:23:27,160 --> 00:23:29,119 Speaker 2: on it, and a lot of them said thirty bucks, 451 00:23:29,480 --> 00:23:30,920 Speaker 2: you know, because that's how much he used to pay 452 00:23:30,920 --> 00:23:32,879 Speaker 2: for a CD there. And I figured out that I 453 00:23:32,960 --> 00:23:35,760 Speaker 2: must have given mar Bicks thousands of dollars of my money. 454 00:23:35,800 --> 00:23:38,320 Speaker 8: Well, good on you. You were representing and contributing on 455 00:23:38,359 --> 00:23:40,040 Speaker 8: my behalf, because I think I've only even been in 456 00:23:40,040 --> 00:23:40,440 Speaker 8: there once. 457 00:23:40,600 --> 00:23:44,200 Speaker 2: Now, well that's you know, it's because they changed, Yes, 458 00:23:44,240 --> 00:23:48,360 Speaker 2: the iPod and streaming means CDs and records go. 459 00:23:48,560 --> 00:23:51,320 Speaker 8: Yep, that's right now. It is moving to trade online. 460 00:23:51,400 --> 00:23:54,760 Speaker 8: Roger Marbick, he's the founding family member. He says, Look 461 00:23:54,840 --> 00:23:57,639 Speaker 8: this online bezore, it's going to represent a continuation of 462 00:23:57,640 --> 00:24:01,800 Speaker 8: the legacy. And as you just say, that retail landscape, 463 00:24:01,840 --> 00:24:06,280 Speaker 8: that big change. But look going forward, this reshaped community engagement. 464 00:24:06,480 --> 00:24:08,919 Speaker 8: They're planning on having, you know, launching up pop up 465 00:24:08,920 --> 00:24:11,760 Speaker 8: events at festivals and music gatherings around the country, just 466 00:24:11,800 --> 00:24:13,720 Speaker 8: to keep the spirit of mar books alive. 467 00:24:13,960 --> 00:24:15,720 Speaker 2: Hous Hawkins well partly. 468 00:24:15,800 --> 00:24:18,280 Speaker 8: Cloudy Odshower seventeen is high here in Auckland. 469 00:24:18,400 --> 00:24:18,600 Speaker 12: Wever. 470 00:24:18,640 --> 00:24:20,520 Speaker 2: I thank you. At his seventeen minutes to six text 471 00:24:20,520 --> 00:24:23,280 Speaker 2: through from John he says Andrew. My property is worth 472 00:24:23,280 --> 00:24:25,720 Speaker 2: about one point seven million dollars, but I will happily 473 00:24:25,760 --> 00:24:29,600 Speaker 2: sell it for five million. Now that's actually almost a 474 00:24:29,680 --> 00:24:32,040 Speaker 2: very good point because one if you've got a property 475 00:24:32,080 --> 00:24:34,040 Speaker 2: that's worth like four point three four point four to 476 00:24:34,040 --> 00:24:36,480 Speaker 2: four point five and suddenly you've got a whole heap 477 00:24:36,520 --> 00:24:38,639 Speaker 2: of investors coming in who can buy a house for 478 00:24:38,720 --> 00:24:42,480 Speaker 2: five Will it mean price escalation for the top end 479 00:24:42,560 --> 00:24:45,360 Speaker 2: but not the not over five but the over fours. 480 00:24:45,600 --> 00:24:48,959 Speaker 2: Will that change things then? I don't know. Stuart nashviill 481 00:24:49,000 --> 00:24:51,480 Speaker 2: have his thoughts on this. Just before six o'clock. If 482 00:24:51,480 --> 00:24:53,320 Speaker 2: this is news, talk to zm B to Australia, we. 483 00:24:53,280 --> 00:24:57,760 Speaker 1: Go next international correspondence with ends and eye insurance feace 484 00:24:57,800 --> 00:24:59,600 Speaker 1: of mind for New Zealand business. 485 00:25:00,560 --> 00:25:04,240 Speaker 2: It's fourteen to six dot on tomorrow from Australia. Good morning, 486 00:25:04,920 --> 00:25:07,639 Speaker 2: Good morning, so Albanezi. He has been speaking on the 487 00:25:07,760 --> 00:25:09,320 Speaker 2: Nauru deportation plan. 488 00:25:10,520 --> 00:25:13,520 Speaker 13: Yes, the PM has spoken and in his words he 489 00:25:13,560 --> 00:25:17,440 Speaker 13: says there's nothing secret about a four hundred million dollar 490 00:25:17,560 --> 00:25:21,360 Speaker 13: deal with Nuru to offload hundreds of non citizens. Now, 491 00:25:21,359 --> 00:25:24,600 Speaker 13: the government announced this deal on Friday night and that 492 00:25:24,920 --> 00:25:29,400 Speaker 13: is a time we know is notoriously used to bury announcements, 493 00:25:29,400 --> 00:25:32,080 Speaker 13: but people noticed and they wanted to know more details. 494 00:25:32,160 --> 00:25:34,440 Speaker 13: So the PM has now spoken out and he says 495 00:25:34,440 --> 00:25:38,280 Speaker 13: that these arrangements are to deport about two hundred and 496 00:25:38,359 --> 00:25:42,680 Speaker 13: eighty members of a cohort, as he put it, non 497 00:25:42,760 --> 00:25:47,240 Speaker 13: citizens living in Australia whose visas were canceled on character grounds. 498 00:25:47,760 --> 00:25:52,000 Speaker 13: And you know, he's saying that you know this decision, 499 00:25:52,440 --> 00:25:56,040 Speaker 13: this deal is hardly secret. He says that these are 500 00:25:56,080 --> 00:25:59,600 Speaker 13: the people that they don't have a legitimate reason to 501 00:25:59,640 --> 00:26:03,439 Speaker 13: stay in Australia. While there's been some swift and strong 502 00:26:03,520 --> 00:26:07,560 Speaker 13: reaction from refugee advocates, human rights lawyers, the Greens, they're 503 00:26:07,600 --> 00:26:11,760 Speaker 13: all furious and they've described as steel as discriminatory, disgraceful 504 00:26:12,000 --> 00:26:13,320 Speaker 13: and dangerous. 505 00:26:13,880 --> 00:26:15,400 Speaker 2: All right, Donna, and I thank you, And yes, there's 506 00:26:15,400 --> 00:26:18,280 Speaker 2: loads of marches at the moment happening regarding immigration's big 507 00:26:18,280 --> 00:26:21,800 Speaker 2: issue in Australia. Now China's big military parade tomorrow. Bob krr, 508 00:26:22,240 --> 00:26:25,320 Speaker 2: the former New South Wales premiert, former Australian Foreign Affairs minister, 509 00:26:25,440 --> 00:26:27,320 Speaker 2: is going and he's written in the Sydney Morning Herald 510 00:26:27,320 --> 00:26:29,760 Speaker 2: this morning as to why, and he says the Pacific 511 00:26:29,840 --> 00:26:32,440 Speaker 2: War started with the rape of Nang King back in 512 00:26:32,520 --> 00:26:35,560 Speaker 2: nineteen thirty seven. Did you know that twenty million Chinese 513 00:26:35,600 --> 00:26:39,159 Speaker 2: people died resisting the Japanese invasion, twenty million And it 514 00:26:39,200 --> 00:26:42,320 Speaker 2: was because of that resistance that one million Japanese troops 515 00:26:42,320 --> 00:26:45,280 Speaker 2: were committed to the Chinese battles. And that meant that 516 00:26:45,359 --> 00:26:49,200 Speaker 2: japan did not have the capacity to invade Australia, which 517 00:26:49,560 --> 00:26:51,840 Speaker 2: you know, which they were wanting to do, but they 518 00:26:51,880 --> 00:26:54,840 Speaker 2: couldn't do that. And if they had invaded Australia, that 519 00:26:54,880 --> 00:26:57,359 Speaker 2: could have changed absolutely everything in our neck of the woods. 520 00:26:57,720 --> 00:27:01,760 Speaker 2: And Bobka says that is worth commemorating the sacrifice of 521 00:27:01,800 --> 00:27:04,080 Speaker 2: the Chinese which saved us. And I think he's white. 522 00:27:04,119 --> 00:27:07,719 Speaker 2: It is twelve to six News Talk Zibby right. Well, 523 00:27:07,720 --> 00:27:09,840 Speaker 2: the government's changed his mind on the foreign buyer's ban. 524 00:27:10,040 --> 00:27:12,680 Speaker 2: Golden visa holders can now snap up homes worth five 525 00:27:12,720 --> 00:27:14,639 Speaker 2: million dollars or more as long as they invest at 526 00:27:14,680 --> 00:27:17,159 Speaker 2: least five million dollars into the country. The wider ban 527 00:27:17,280 --> 00:27:20,480 Speaker 2: on residential property still stands. Stuart Nash is a former 528 00:27:20,560 --> 00:27:23,400 Speaker 2: Labor Cabinet minister. He's currently a co founder of Nash 529 00:27:23,480 --> 00:27:27,760 Speaker 2: Kelly Global, the relocation consultancy that advises wealthy individuals, the 530 00:27:27,760 --> 00:27:30,560 Speaker 2: one we're looking for, particularly from the US on immigration 531 00:27:30,640 --> 00:27:33,800 Speaker 2: to New Zealand, and he joins us. Now, hello's Jurdon. 532 00:27:34,119 --> 00:27:34,639 Speaker 11: Good morning. 533 00:27:34,640 --> 00:27:37,160 Speaker 2: How are you very good on a political point? Bent? 534 00:27:37,200 --> 00:27:39,080 Speaker 2: First of all, how on earth did the government get 535 00:27:39,119 --> 00:27:40,000 Speaker 2: Winston on board? 536 00:27:41,640 --> 00:27:44,080 Speaker 11: I love Winston's all about economic development and growth. He 537 00:27:44,160 --> 00:27:47,280 Speaker 11: knows that. You know, when these investor migrants come to 538 00:27:47,280 --> 00:27:49,080 Speaker 11: New zeald and they invest in the way they are, 539 00:27:49,560 --> 00:27:51,440 Speaker 11: that creates jobs and wealth and it's good for the 540 00:27:51,480 --> 00:27:53,440 Speaker 11: jild economy. I mean at the moment, we've got about 541 00:27:53,440 --> 00:27:56,119 Speaker 11: one point eight billion dollars it's been promised. Now remember 542 00:27:56,160 --> 00:27:59,400 Speaker 11: this is going into active investment into our economy. There's 543 00:27:59,440 --> 00:28:00,200 Speaker 11: nothing better about that. 544 00:28:00,680 --> 00:28:03,080 Speaker 2: Yeah, there are currently three hundred and eight applications for 545 00:28:03,160 --> 00:28:05,440 Speaker 2: the Golden visa and they're bringing a lot of money. 546 00:28:05,440 --> 00:28:08,320 Speaker 2: You just told us that the numbers are they ready 547 00:28:08,320 --> 00:28:10,480 Speaker 2: to snap up a property as well. 548 00:28:11,600 --> 00:28:13,200 Speaker 11: They take a little bit of time because they've got 549 00:28:13,240 --> 00:28:15,440 Speaker 11: to you know, they've got to figure out how they're 550 00:28:15,440 --> 00:28:17,159 Speaker 11: going to invest. They've got to get their visas. But 551 00:28:17,680 --> 00:28:20,880 Speaker 11: you know, this is money that's invested actively into economy. 552 00:28:20,880 --> 00:28:22,640 Speaker 11: But the thing for me is it's not just about 553 00:28:22,680 --> 00:28:26,920 Speaker 11: the money. These people bring their experiences, their contexts, their networks, 554 00:28:26,920 --> 00:28:30,160 Speaker 11: their competencies. So by and large, what happens is when 555 00:28:30,160 --> 00:28:34,040 Speaker 11: they bring their money in, they also bringing a whole 556 00:28:34,119 --> 00:28:37,119 Speaker 11: lot of different skills and competencies into our communities. That 557 00:28:37,280 --> 00:28:38,920 Speaker 11: just creates value. It's fantastic. 558 00:28:39,320 --> 00:28:41,480 Speaker 2: Do you think it's going to drive house prices up? 559 00:28:41,600 --> 00:28:43,959 Speaker 2: Because I saw a guy on the telly last night 560 00:28:44,000 --> 00:28:45,720 Speaker 2: he's saying this is going to pump primes things give 561 00:28:45,760 --> 00:28:48,560 Speaker 2: people more confidence that it should affect the entire market. 562 00:28:48,720 --> 00:28:50,720 Speaker 2: Do you think it will drive the prices up or 563 00:28:50,800 --> 00:28:53,560 Speaker 2: only affect that top point five percent of properties? 564 00:28:54,240 --> 00:28:57,160 Speaker 11: We look, what I say is that these people don't 565 00:28:57,160 --> 00:28:59,120 Speaker 11: compete with the first time buyers. They compete with a 566 00:28:59,200 --> 00:29:02,120 Speaker 11: lot of when theo's keep in mind, these people can't 567 00:29:02,120 --> 00:29:05,520 Speaker 11: buy a house under five million dollars, and it's about 568 00:29:05,960 --> 00:29:08,840 Speaker 11: they reckon. There's about ten million, ten thousand houses or 569 00:29:08,880 --> 00:29:12,040 Speaker 11: seven thousand houses that a who lived in immediately worth 570 00:29:12,120 --> 00:29:14,760 Speaker 11: over five million dollars. So for the vast majority of people, 571 00:29:14,840 --> 00:29:18,840 Speaker 11: that won't have any difference whatsoever. So no, in fact, 572 00:29:19,000 --> 00:29:21,840 Speaker 11: quite the opposite. I think this would be great for 573 00:29:21,920 --> 00:29:24,960 Speaker 11: builders because you know these guys will come in, they 574 00:29:24,960 --> 00:29:27,480 Speaker 11: will build expensive houses because this is what they do. 575 00:29:27,920 --> 00:29:30,960 Speaker 11: But you know, I live in Napier. There are very 576 00:29:31,120 --> 00:29:33,560 Speaker 11: very few houses and they be at any worth over 577 00:29:33,600 --> 00:29:36,240 Speaker 11: five million dollars. So I think they're good hard work 578 00:29:36,240 --> 00:29:38,880 Speaker 11: and keys aren't going to see a change add all 579 00:29:38,920 --> 00:29:39,800 Speaker 11: to their house prices. 580 00:29:39,880 --> 00:29:41,680 Speaker 2: Okay, well, you've been talking to people who have got 581 00:29:41,680 --> 00:29:44,800 Speaker 2: the Golden Visa. Are they keen to build? Would that 582 00:29:44,880 --> 00:29:47,400 Speaker 2: actually be even more attractive to them because they could 583 00:29:47,440 --> 00:29:49,120 Speaker 2: then make the house that they really want. 584 00:29:49,920 --> 00:29:53,560 Speaker 11: Yeah, accommodation of both, so you will see some buy Look, 585 00:29:53,560 --> 00:29:56,360 Speaker 11: it may it may affect house prices at the hanging 586 00:29:56,400 --> 00:29:59,040 Speaker 11: down in Queenstown, but the vast majority of people won't 587 00:29:59,040 --> 00:30:01,440 Speaker 11: see any difference. What's whoever, But I was talking to 588 00:30:01,440 --> 00:30:05,719 Speaker 11: a chap who has got a development. He wants This 589 00:30:05,760 --> 00:30:08,200 Speaker 11: is a this is an American billionaire. He wants to 590 00:30:08,240 --> 00:30:11,920 Speaker 11: build an incredibly big lodge. And there's about thirty sections 591 00:30:11,960 --> 00:30:16,000 Speaker 11: that will that will be worth over five million dollars. 592 00:30:16,120 --> 00:30:19,080 Speaker 11: There that is a significant amount of development. These are 593 00:30:19,120 --> 00:30:21,800 Speaker 11: houses that wouldn't be built otherwise. Of course, you know 594 00:30:21,840 --> 00:30:24,600 Speaker 11: the sections are open for kiwis to buy. But we 595 00:30:24,640 --> 00:30:26,920 Speaker 11: are talking high end and we're talking people who come 596 00:30:26,960 --> 00:30:28,880 Speaker 11: over here and when they have a property here, they 597 00:30:28,880 --> 00:30:32,000 Speaker 11: tend to stay for longer, they spend more. There is 598 00:30:32,000 --> 00:30:34,040 Speaker 11: no downside to this at all. So you know, when 599 00:30:34,080 --> 00:30:36,760 Speaker 11: I hear people say this is going to this is 600 00:30:36,760 --> 00:30:40,200 Speaker 11: going to impact the property prices, I just I just 601 00:30:40,240 --> 00:30:43,240 Speaker 11: think not at all, not at all. At the very 602 00:30:43,280 --> 00:30:46,360 Speaker 11: top end maybe, but good hard work and kiwis, who 603 00:30:46,400 --> 00:30:49,240 Speaker 11: are you know who are looking struggling or working hard 604 00:30:49,280 --> 00:30:52,680 Speaker 11: to get there. So the housing that won't make any difference. 605 00:30:52,800 --> 00:30:54,800 Speaker 2: No matter what the Prime Minister says, this is still 606 00:30:54,800 --> 00:30:58,000 Speaker 2: a compromise to fit in Winston Peters. So should they 607 00:30:58,000 --> 00:30:59,400 Speaker 2: look to open it up further. 608 00:31:00,880 --> 00:31:03,360 Speaker 11: No, I think we've got I think we've struck a 609 00:31:03,440 --> 00:31:06,200 Speaker 11: very nice balance. But I don't think this is a 610 00:31:06,200 --> 00:31:10,520 Speaker 11: compromise now. The reason I say that is New Zealand 611 00:31:10,520 --> 00:31:13,520 Speaker 11: first has always been about economic development and growth and 612 00:31:13,560 --> 00:31:15,440 Speaker 11: making sure that good hard work and keepies have the 613 00:31:15,440 --> 00:31:19,280 Speaker 11: opportunity to work. We're talking so far one point eight 614 00:31:19,320 --> 00:31:21,680 Speaker 11: billion dollars it's been promised to come into our economy. 615 00:31:21,720 --> 00:31:23,040 Speaker 11: I think this is going to get a little bit 616 00:31:23,080 --> 00:31:25,920 Speaker 11: of a boost and my business. I've got about four 617 00:31:25,960 --> 00:31:27,640 Speaker 11: clients in the last couple of weeks. I've said, no, 618 00:31:27,680 --> 00:31:29,400 Speaker 11: we're not interested in New Zealand because we can't buy 619 00:31:29,440 --> 00:31:32,400 Speaker 11: a property. Now they can. You're going to see more 620 00:31:32,400 --> 00:31:34,240 Speaker 11: money coming into the economy and I just want to 621 00:31:34,280 --> 00:31:37,640 Speaker 11: reiterate this is money that has to be invested actively. 622 00:31:37,720 --> 00:31:42,000 Speaker 11: So we're talking about into New Zealand businesses, into areas 623 00:31:42,040 --> 00:31:45,120 Speaker 11: that create jobs and economic wealth for our economy and 624 00:31:45,160 --> 00:31:45,840 Speaker 11: for all key weeks. 625 00:31:45,960 --> 00:31:47,920 Speaker 2: Now, Stuart, you've mentioned New Zealand first and awful lot 626 00:31:47,960 --> 00:31:49,520 Speaker 2: in this interview and does this mean that you're going 627 00:31:49,600 --> 00:31:50,520 Speaker 2: to stand for them. 628 00:31:52,520 --> 00:31:54,520 Speaker 11: No, No, not at all. All I'm saying is that 629 00:31:54,560 --> 00:31:57,800 Speaker 11: Winston and Shane represent the politics of pragmatism and I 630 00:31:57,840 --> 00:32:00,320 Speaker 11: think this is about economic development, growth and job and 631 00:32:00,560 --> 00:32:05,360 Speaker 11: Winston and Shane understand that. It's the reason why we're 632 00:32:05,400 --> 00:32:07,160 Speaker 11: talking about a good news story at the moment. 633 00:32:07,280 --> 00:32:09,360 Speaker 2: Good stuff. Thank you so much. That is Stuart Nash. 634 00:32:09,480 --> 00:32:11,280 Speaker 2: This is news Talks, he'd b it is seven minutes 635 00:32:11,280 --> 00:32:11,880 Speaker 2: to six. 636 00:32:13,080 --> 00:32:15,680 Speaker 1: The news you need this morning and the in depth 637 00:32:15,720 --> 00:32:20,200 Speaker 1: analysis early edition with Andrew Dickots and one Roote Love 638 00:32:20,280 --> 00:32:22,040 Speaker 1: where you Live. News talks that'd be. 639 00:32:22,080 --> 00:32:24,560 Speaker 2: Yeah, big day tomorrow. The councilors have to submit their 640 00:32:24,600 --> 00:32:29,240 Speaker 2: water services delivery plans and uh, if pictator decided what 641 00:32:29,360 --> 00:32:30,360 Speaker 2: and what are they going to do? And are they 642 00:32:30,400 --> 00:32:32,360 Speaker 2: going to fix the leaks? Sue's very worried about the 643 00:32:32,360 --> 00:32:34,600 Speaker 2: whole thing. She's in the wilted Upper. She says their 644 00:32:34,640 --> 00:32:36,880 Speaker 2: local councils have been rushing it through for the third 645 00:32:36,920 --> 00:32:39,840 Speaker 2: September deadline, and she's worried the councils are an election 646 00:32:39,920 --> 00:32:41,840 Speaker 2: mode and she reckons these things should be left until 647 00:32:41,880 --> 00:32:44,480 Speaker 2: after the election. But yeah, big story tomorrow. What's going 648 00:32:44,520 --> 00:32:46,720 Speaker 2: to happen with the water? My casking come morning to you, 649 00:32:46,920 --> 00:32:47,719 Speaker 2: Good morning. 650 00:32:49,920 --> 00:32:54,440 Speaker 14: So the bureaucraw you had you hadn't prepared a proving, 651 00:32:54,680 --> 00:32:56,280 Speaker 14: approbing open question. 652 00:32:56,120 --> 00:32:58,200 Speaker 2: For no, no, no, But well I'm going to talk 653 00:32:58,200 --> 00:33:00,480 Speaker 2: about the bureaucrats because I talked it with Firs Simons 654 00:33:00,480 --> 00:33:02,680 Speaker 2: this morning and the New Zealander Initiative report, yes, and 655 00:33:02,760 --> 00:33:04,600 Speaker 2: then and then she was just so defensive about the 656 00:33:04,600 --> 00:33:06,400 Speaker 2: whole thing. And then of course the audience is so 657 00:33:06,520 --> 00:33:08,200 Speaker 2: angry about the whole thing, and she was saying, people 658 00:33:08,200 --> 00:33:10,680 Speaker 2: don't people don't want public servants cut. And see what 659 00:33:10,760 --> 00:33:11,560 Speaker 2: I'm afraid they do. 660 00:33:11,720 --> 00:33:14,120 Speaker 14: The funny thing is they do and Brian Roch, who's 661 00:33:14,160 --> 00:33:17,560 Speaker 14: the Public Service Commissioners, actually sort of doing that job. 662 00:33:17,600 --> 00:33:19,680 Speaker 14: It's funny. I mentioned to the Prime Minister yesterday they 663 00:33:19,760 --> 00:33:22,600 Speaker 14: ended up cutting two thousand jobs and it was a 664 00:33:22,720 --> 00:33:26,320 Speaker 14: huge They should have done ten thousand because the approbrium 665 00:33:26,320 --> 00:33:28,760 Speaker 14: and anger at the time didn't matter what the number was, 666 00:33:28,800 --> 00:33:31,840 Speaker 14: because everyone who was furious was furious. So they missed 667 00:33:31,880 --> 00:33:32,600 Speaker 14: their opportunity. 668 00:33:32,800 --> 00:33:35,520 Speaker 2: So now to see five thousand buerios, it's a two thousand. 669 00:33:36,120 --> 00:33:37,440 Speaker 2: It's a city. 670 00:33:37,600 --> 00:33:39,480 Speaker 14: And so anyway, he might be doing the job. But 671 00:33:39,520 --> 00:33:41,520 Speaker 14: we'll talk to the New Zealand Initiative. Will also talk 672 00:33:41,560 --> 00:33:44,120 Speaker 14: to Winston Peters, who seemed sort of edgy yesterday, didn't he. 673 00:33:44,320 --> 00:33:46,320 Speaker 2: Said, don't talk about this, don't talk about the house 674 00:33:46,400 --> 00:33:47,720 Speaker 2: raising to drag, kicking. 675 00:33:47,520 --> 00:33:49,800 Speaker 14: And screaming, had that vibe about it. So anyway, he's 676 00:33:49,840 --> 00:33:51,000 Speaker 14: with us, Prime Minister's with us. 677 00:33:51,000 --> 00:33:51,760 Speaker 9: They're all with us. 678 00:33:52,160 --> 00:33:54,880 Speaker 2: They always are. And I thank you Nathan Kensy for 679 00:33:54,960 --> 00:33:57,360 Speaker 2: producing the show. And I'm Andrew Dickinson. I'll see you tomorrow. 680 00:33:57,440 --> 00:33:59,000 Speaker 2: Have yourself a wonderful Tuesday. 681 00:34:08,400 --> 00:34:11,399 Speaker 1: For more from Early Edition with Ryan Bridge, listen live 682 00:34:11,520 --> 00:34:14,520 Speaker 1: to news talks. It'd be from five am weekdays, or 683 00:34:14,600 --> 00:34:16,480 Speaker 1: follow the podcast on iHeartRadio