Latest / Early Edition with Ryan Bridge / Full Show Podcast: 02 September 2024
Transcript
- 0:01Speaker 1: The issues, the interviews and the inside. Ryan Bridge you
- 0:08Speaker 1: for twenty twenty four on the early edition with Smith City,
- 0:12Speaker 1: New Zealand's furniture beds and a player store US doorgs.
- 0:15Speaker 2: It'd be good morning. I hope you've had a great weekend.
- 0:18Speaker 2: Coming up this morning a truth bomb from the Treasury boss,
- 0:22Speaker 2: the outgoing boss, that is, it's about our COVID debt load.
- 0:25Speaker 2: It is so bad. We need new taxes and we
- 0:29Speaker 2: need to cut some pretty important things. I don't want
- 0:32Speaker 2: to say pension, but she mentions the word pension. We
- 0:36Speaker 2: look to Germany this morning, the first state election win,
- 0:40Speaker 2: well potentially the first state election win for a far
- 0:44Speaker 2: right party since the Nazis. We'll ask why who ballots
- 0:48Speaker 2: in East Germany. Also, we get our first red meat
- 0:51Speaker 2: rural report in just a few moments, seven after five.
- 0:55Speaker 1: The agenda.
- 0:56Speaker 2: It's Monday to second of September. The bodies of six
- 0:59Speaker 2: Is hostages have been recovered from a tunnel in Rougher.
- 1:03Speaker 2: Hostages killed right before the IDF reached them.
- 1:08Speaker 3: They were brutally murdered by Hamas Terras a short while
- 1:11Speaker 3: before we reached them.
- 1:13Speaker 2: They were abducted alive on the morning of October seventh. Yeah,
- 1:17Speaker 2: it's pretty hard to hear. It's prompted protests right across Israel,
- 1:21Speaker 2: including from the country's largest union. Now what they want
- 1:25Speaker 2: is a strike to pressure the government to make a
- 1:29Speaker 2: deal and return the remaining hostages. They don't want any
- 1:32Speaker 2: more of them to die. To the Paralympics. Now, our
- 1:35Speaker 2: third medal overnight care we cyclist Nicole Murray won bronze
- 1:38Speaker 2: and the women's C five three thousand meter Danielle Hison
- 1:42Speaker 2: one silver in the women's two hundred m T three six,
- 1:45Speaker 2: which is running. The men's four hundred meters and long
- 1:48Speaker 2: jump finals are on tonight. Also this morning. Forget about
- 1:53Speaker 2: rubber hitting the road, The rubber could soon be the road.
- 1:57Speaker 2: The country's first national tire recycling scheme is under set
- 2:00Speaker 2: to turn the waste into industrial fuel, concrete mix and roading.
- 2:05Speaker 2: Currently we recycle just forty percent of these six and
- 2:09Speaker 2: a half million tires that were important to the country,
- 2:11Speaker 2: just forty percent of recycled. It's being done by the
- 2:15Speaker 2: Sustainability Group three R with government funding.
- 2:18Speaker 4: They also means the risk of tire fires in the
- 2:22Speaker 4: cost of those two ratepayers as suspectively reduced on.
- 2:27Speaker 1: Your radio and online on iHeartRadio Early Edition with Ryan
- 2:32Speaker 1: Bridge and Smith City New Zealand's Furniture, Beds and a
- 2:35Speaker 1: Playing Store, News Talks b.
- 2:37Speaker 2: No One wants a tire fire. Now. Did you see
- 2:40Speaker 2: the story of the weekend. I'm sure you did about
- 2:42Speaker 2: the measly toast at Wellington Hospital. We'd love your views
- 2:46Speaker 2: on this this morning, nine two ninety two. So it's
- 2:48Speaker 2: new mums, you've just given birth. I don't know what
- 2:51Speaker 2: it's like obviously, what that feels like. You can imagine
- 2:54Speaker 2: just you know, the amount of screaming that goes on
- 2:58Speaker 2: that it must be hard anyway. Apparently what you feel
- 3:02Speaker 2: like is a piece of toast, So let them have
- 3:05Speaker 2: a piece of toast. But not so Wellington Hospital. They
- 3:09Speaker 2: pulled back on the service, if that's what you can
- 3:11Speaker 2: call it, and some people say it was cost saving.
- 3:14Speaker 2: I'm not entirely sure at this point whether it was
- 3:17Speaker 2: cost saving Health New zealandce is it was about you know,
- 3:21Speaker 2: dietary requirements and toast not being healthy enough. Honestly, come on,
- 3:28Speaker 2: it's got to be cost cutting. I was raised on toast.
- 3:32Speaker 2: Please raise your hand if you were also raised on toast.
- 3:35Speaker 2: Were all raised on toast. If it's that bad for
- 3:38Speaker 2: us that you can't even get it to a mother
- 3:40Speaker 2: who's just given birth to a child, probably one of
- 3:42Speaker 2: the most strenuous physical experiences they will ever go through
- 3:46Speaker 2: in their life. Apparently you get a cold sandwich now instead,
- 3:50Speaker 2: there you go in ten minutes after five news talks,
- 3:52Speaker 2: hea'd be nine two nine two. What did you you
- 3:54Speaker 2: know when you were after you'd given what did you
- 3:56Speaker 2: feel like? You know, I presumably didn't feel like a
- 3:59Speaker 2: curry or a let's go, let's go get fish and chips,
- 4:02Speaker 2: but what did you feel like? Mothers nine to number
- 4:07Speaker 2: to text and also whether you think this has just
- 4:09Speaker 2: been a bit measly Also this morning, jd Vance he
- 4:13Speaker 2: continuing to sort of tank in the polls over in
- 4:16Speaker 2: the years. By the way we spent it set on
- 4:18Speaker 2: Friday that Harris was having her first interview was Seeing
- 4:21Speaker 2: in which I watched on Friday afternoon. Man, what a
- 4:25Speaker 2: waste of time. It was about eighteen minutes long. No,
- 4:29Speaker 2: the questions weren't really challenging. There wasn't a lot of
- 4:32Speaker 2: follow up. And yes, Tim Walls did sit there like
- 4:37Speaker 2: a spare at a wedding, didn't say much. I mean,
- 4:43Speaker 2: she handled the questions relatively well. But anyway, this morning
- 4:45Speaker 2: it's about JD. Vance because he continues to tank in
- 4:49Speaker 2: the polls. Have a listened to what he said. This
- 4:53Speaker 2: was in a podcast years ago, and they keep dragging
- 4:55Speaker 2: stuff up. This is what he said years ago about
- 4:58Speaker 2: going to women who to elite colleges and the promises
- 5:02Speaker 2: and what they think will happen to their lives. Have
- 5:04Speaker 2: a quick listen. And so you have people at your
- 5:07Speaker 2: law school, you have women who think that, truly the
- 5:10Speaker 2: liberationist path is to spend ninety hours a week working
- 5:14Speaker 2: in a cubicle at Mackenzie instead of starting a family
- 5:16Speaker 2: and having children, which is what they should be doing.
- 5:19Speaker 2: You know, that's the course. Anyway, have a listen where
- 5:22Speaker 2: does this lead women emotionally? What they don't realize, and
- 5:26Speaker 2: I think some of them do eventually realize it, thank god,
- 5:29Speaker 2: is that that is actually a path to misery, go
- 5:33Speaker 2: to work and be miserable women. Anyway, that's why he's
- 5:36Speaker 2: not doing too well. I mean, he does well for
- 5:38Speaker 2: Trump supporters, he doesn't do well more generally interesting. We'll
- 5:41Speaker 2: have later an update on Trump. He's talking about voting
- 5:45Speaker 2: in favor of liberalizing cannabis laws in Florida, and he's
- 5:50Speaker 2: also giving out well It says the government will be
- 5:53Speaker 2: paying for IVF treatment. Harris says this is flip flopping.
- 5:56Speaker 2: Nine two nine two is the number to text twelve
- 5:59Speaker 2: after five News and views.
- 6:02Speaker 1: You trust to start your day is Billy Edition with
- 6:05Speaker 1: Ryan Bridge and Smith City, New Zealand's furniture beds and
- 6:09Speaker 1: a flying store.
- 6:10Speaker 2: News Talk said, be quick update on toastgate. Lots of
- 6:13Speaker 2: people texting in fourteen after five, Ryan, I felt like
- 6:16Speaker 2: sleep after giving birth, not eating or Ryan, I loved
- 6:19Speaker 2: having toast. It wasn't straight after birth, but once I
- 6:21Speaker 2: felt like eating, it was the only thing I felt
- 6:24Speaker 2: like eating. This is after willing. The hospital is putting
- 6:27Speaker 2: the kaibosh on free toast for mums have just gone
- 6:30Speaker 2: through labor. Four kids, Ryan, four kids. The best four
- 6:34Speaker 2: pieces of toast I have ever had must be taken
- 6:38Speaker 2: with Milo. Quarter past five, Ryan Bridge rights lots to
- 6:43Speaker 2: get through here. Busy time for our red meat sector
- 6:45Speaker 2: at the moment. Export numbers for July we've just had
- 6:48Speaker 2: those out. They were a bit of a mixed bag.
- 6:50Speaker 2: China down thirty seven percent to one hundred and fifty
- 6:53Speaker 2: three million. The United States was our biggest export market
- 6:56Speaker 2: in July, worth almost two hundred and fifty million. Actually
- 6:59Speaker 2: that now is four months running. Plus we've had a
- 7:02Speaker 2: few weather bombs affecting landing season, which is still underway
- 7:06Speaker 2: in some places, and also newborn livestock. Joining us this
- 7:09Speaker 2: morning is Dan Bolton, silver Fin Farm's chief executive.
- 7:12Speaker 5: Hey Dan, good morning, Ryan, how are you well.
- 7:15Speaker 2: Thank you, Thanks for coming on the show. I really
- 7:17Speaker 2: appreciate it. Let's start with the weather because it's that
- 7:21Speaker 2: we've had a few snowstorms and I know there's predicted
- 7:24Speaker 2: to continue for the start of September. How they how
- 7:27Speaker 2: the farmers faring.
- 7:30Speaker 5: Yeah, it's you know, we're what day two into the
- 7:33Speaker 5: new season off spring, so it's not going too bad. Obviously,
- 7:37Speaker 5: it's pretty volatile out there. There's a bit of a
- 7:39Speaker 5: bit of weather moving through the through the country. But
- 7:42Speaker 5: our farmers always a step into the new season with
- 7:45Speaker 5: a bit of optimism, an opportunity to reset. But you know,
- 7:49Speaker 5: they're also coming out of some pretty tough, tough conditions.
- 7:51Speaker 5: You know, some farmers up the East coast the store
- 7:53Speaker 5: recovering from the impacts of Gabrielle noticeably dealing with things
- 7:58Speaker 5: like lesser animal conditions which impacting productivity in North Knterbury.
- 8:02Speaker 5: You know, we can't forget they've been through some pretty
- 8:04Speaker 5: extreme dry conditions so and facing some northwest winds so
- 8:08Speaker 5: with the weather's playing a little bit of havoc. But
- 8:11Speaker 5: you know, our farm is a pretty resilient bunch as well.
- 8:14Speaker 2: What are you thinking about the China issue, the slowing
- 8:17Speaker 2: down and you know the thirty seven percent down in
- 8:21Speaker 2: July through our red meat exports, what are your thoughts
- 8:23Speaker 2: on that?
- 8:25Speaker 5: Yeah, I mean those are big headline numbers and clearly
- 8:28Speaker 5: the China markets sub pretty subdued, but you know, we
- 8:32Speaker 5: can't forget. You know, China's been a pretty outstanding story
- 8:35Speaker 5: for New Zealand sheep and beef farmers and more recently Venison.
- 8:39Speaker 5: It was only in twenty twelve we sold very little
- 8:42Speaker 5: into the China market and ten years later it was
- 8:44Speaker 5: a four point two billion dollar market for US, So
- 8:48Speaker 5: you know, that's a big success story. And I was
- 8:50Speaker 5: just looking at those stats and the last twelve months
- 8:52Speaker 5: that's down to a three billion dollar market, so still
- 8:55Speaker 5: a really important market for US as our number two,
- 8:59Speaker 5: you know, and twenty five percent from beef volumes are
- 9:02Speaker 5: still heading there because it's still the highest paying market.
- 9:06Speaker 2: You're going to do a campaign though, aren't you. Well,
- 9:08Speaker 2: I'm not sure if it's you, but the industry to
- 9:11Speaker 2: try and push that grass fed message because the Aussies
- 9:14Speaker 2: in the South Americans aren't doing it like we do it, right.
- 9:18Speaker 5: Yeah, that's that's right. I think we've we've got a
- 9:22Speaker 5: country of origin brands that we're working in partnership with
- 9:25Speaker 5: the Meat Industry Association is working in partnership with Beef
- 9:28Speaker 5: and their New Zealand and that's all about, you know,
- 9:31Speaker 5: celebrating and educating particularly the Chinese consumers around how we
- 9:36Speaker 5: farm their care in New Zealand, so we can differentiate
- 9:38Speaker 5: ourselves from South American beef and Australian beef. You know,
- 9:42Speaker 5: those coordinated approaches that countries such as Australia having in
- 9:46Speaker 5: China make them all different. So, you know, it's really
- 9:49Speaker 5: pleasing that Beef and Lama I've decided to work with
- 9:52Speaker 5: us as the marketers to really sell that really good
- 9:55Speaker 5: story so we can we can differentiate our product out
- 9:57Speaker 5: there and listed valley for New Zealand farmers and such
- 10:00Speaker 5: to an important market.
- 10:01Speaker 2: Yeah, fair enough too, So we shouldn't worry too much
- 10:03Speaker 2: about the slowdown in China. There are other markets that
- 10:05Speaker 2: are packing up the slack for us in the meantime.
- 10:09Speaker 5: Yeah, you civil fold farms. We export to sixty countries
- 10:12Speaker 5: around the world, you know, most countries are and having
- 10:16Speaker 5: that diversification is really important because you know we've seen
- 10:20Speaker 5: it for decades. Then the markets move and change and
- 10:22Speaker 5: we need optionality for our farmers. I think I think
- 10:26Speaker 5: another key point, just on China while we're there, Ryan,
- 10:29Speaker 5: is you know what excites me is the growing middle
- 10:31Speaker 5: class here. You know, forecasting it to grow from four
- 10:35Speaker 5: hundred million to eight hundred million people. You know, that
- 10:37Speaker 5: should make us stand up and take notice. So we've
- 10:40Speaker 5: got a short term challenge, but those consumers are going
- 10:44Speaker 5: to demand exactly what we want here. You know, they
- 10:46Speaker 5: care about health, they care about nutrition, and they cay
- 10:49Speaker 5: very deeply about the environments and these are all things
- 10:52Speaker 5: we can win on.
- 10:53Speaker 2: Dan, Thanks very much for your update this morning. Really
- 10:55Speaker 2: appreciate it. Dan Bolton These Silver Firm Farms Chief Executive
- 10:59Speaker 2: nineteen after five Sport Next.
- 11:01Speaker 1: Ryan Bridge new for twenty twenty four on early edition
- 11:05Speaker 1: with Smith City New Zealand's furniture beds and a playing store.
- 11:09Speaker 2: News talks, it'd be just gone twenty one after five
- 11:11Speaker 2: news talks. It'd be Interestingly, I see the real estate
- 11:14Speaker 2: agents yesterday out in force. We had some sunny weather
- 11:18Speaker 2: here in Auckland and they it looks like I think
- 11:20Speaker 2: they're buying new suits and anticipation the OCR has been cut. Well,
- 11:25Speaker 2: it's actually only been two and a half weeks since
- 11:27Speaker 2: Adrian All started hacking and already they're getting new suits.
- 11:31Speaker 2: So we've got some fresh data this morning for you
- 11:34Speaker 2: on just how that market is. Ferm will get to
- 11:36Speaker 2: it in just a few seconds. Twenty two minutes after
- 11:38Speaker 2: five Andrew Ordison's here was sport.
- 11:40Speaker 6: Good morning greetings. Right now, it's always good to get
- 11:43Speaker 6: a new suit, isn't it? Promising times with the OCA
- 11:45Speaker 6: the interest rates dropping so that you go get yourself
- 11:48Speaker 6: a bargain while pass is alone, get something bespoke.
- 11:50Speaker 2: Hey talk about tea New Zealand that how's the boat doing?
- 11:54Speaker 2: And when is the real should I say real racing
- 11:57Speaker 2: going to start?
- 11:58Speaker 6: Well that's next month, right, Team New Zealand have basically
- 12:01Speaker 6: got this rule as part of the America's Cup. You know,
- 12:03Speaker 6: every defender can create their own rules so they can
- 12:06Speaker 6: be part of the Challenger series, and they're doing well
- 12:09Speaker 6: as part of it, even though the boat was dropped
- 12:11Speaker 6: by the crane last week. So they've had another couple
- 12:15Speaker 6: of wins this morning. One was against a Linge which
- 12:17Speaker 6: was a bit of a well, you know, a hollow victor.
- 12:20Speaker 6: I suppose a Lingy didn't actually make the start line
- 12:23Speaker 6: because they had a problem with their main sale. So
- 12:25Speaker 6: they did, but they went on the course and just
- 12:27Speaker 6: had a bit of a flutter. And then new Team
- 12:31Speaker 6: is has beaten American Magic by twenty nine seconds a
- 12:34Speaker 6: bit more merit to that result, so they do have
- 12:38Speaker 6: the speed so far.
- 12:39Speaker 2: All right, So it sounds like there's a few boat
- 12:41Speaker 2: issues going.
- 12:42Speaker 5: On, is there?
- 12:43Speaker 1: Wow?
- 12:43Speaker 6: There always is, I mean, yeah, it's just yeah, and
- 12:47Speaker 6: I think that the main soil apparently there's something to
- 12:49Speaker 6: do with the bolt attaching it to the actual main
- 12:53Speaker 6: boom and mast, etc. Right, So yeah, just a glitch
- 12:56Speaker 6: there for them, but disappointing on the list. When you
- 12:58Speaker 6: think about the money that's invested, you don't want to
- 13:00Speaker 6: be in a situation where're not getting to the start line,
- 13:03Speaker 6: especially with the louver time. There's another round robin that
- 13:06Speaker 6: starts again tomorrow and then they'll move on to the
- 13:08Speaker 6: semi round robin.
- 13:10Speaker 2: So when do I start hearing next month?
- 13:12Speaker 5: Yeah?
- 13:12Speaker 6: Ok, yeah, that's that's that's that's that's all you need
- 13:14Speaker 6: to know, all right, that's the best business time off
- 13:17Speaker 6: the of the of.
- 13:18Speaker 2: The coast of Barcelona, Ryan the fine Italian GP.
- 13:21Speaker 7: Yeah.
- 13:21Speaker 6: Now there's speaking of exciting action. Charlotte Clare of Ferrari
- 13:27Speaker 6: at the home track and mons of there effectively or
- 13:31Speaker 6: the big Italian of course, fan base for Ferrari has
- 13:34Speaker 6: come home. I mean he won his home Grand Prix
- 13:37Speaker 6: at Monaco. He lives there, as Charlotte Claire has brewt
- 13:40Speaker 6: up there, but he's also been able to do it
- 13:42Speaker 6: at Monza. So a terrific result for Ferrari, but even
- 13:46Speaker 6: moreso for McLaren potentially with Piastre getting second and Norris third,
- 13:52Speaker 6: because that means that they are closing the gap again
- 13:54Speaker 6: in the constructor standing, so just eight points now between
- 13:57Speaker 6: them and for McLaren and red Ball at the top
- 14:00Speaker 6: of those stands, Ferrari also coming into it. So I
- 14:02Speaker 6: think with eight races to go, a terrific Formula one
- 14:06Speaker 6: end of the season, denuemont awaits us really great?
- 14:10Speaker 2: All right, Yeah, three medals in the new Paralympics for
- 14:14Speaker 2: US so far. That's good. Yep, that's great.
- 14:16Speaker 6: So just to add to Anna Taylor's silver, just over
- 14:19Speaker 6: like Daniel Hison with the turner meters in the T
- 14:22Speaker 6: thirty six, she's picked up the silver and the Cole
- 14:25Speaker 6: Murray the bronze in the cycling of the three thousand
- 14:29Speaker 6: meter individual pursuit the C five category. So another couple
- 14:32Speaker 6: of great efforts there, to Anthony Zealands tell it at
- 14:35Speaker 6: the Power.
- 14:35Speaker 2: Games, brilliant Andrew, thank you very much for that. We
- 14:37Speaker 2: haven't even talked about the All Blacks, but yeah, there
- 14:42Speaker 2: would be pleadable to come on that.
- 14:43Speaker 6: I suppose, you know, the try et cetera, non try
- 14:46Speaker 6: and after Cape they've traveled to Cape Town overnight, the
- 14:49Speaker 6: All Blacks. Nothing in Scott Robinson's in box as.
- 14:51Speaker 2: Yet on the on the try Andrew, thank you, Andrew.
- 14:55Speaker 2: Allison was sport just gone twenty five minutes after five o'clock.
- 14:58Speaker 2: And some of these messages are quite funny from women
- 15:00Speaker 2: who've given birth in our hospitals. Also, why none of
- 15:04Speaker 2: this really matters? I know, we've been talking about the
- 15:07Speaker 2: toast issue and you know, penny pinching here and the
- 15:10Speaker 2: air when we come back, why actually it's all a
- 15:13Speaker 2: bit futile.
- 15:14Speaker 1: The Early Edition Film Show podcast on iHeartRadio powered by.
- 15:19Speaker 2: Newstalks at Me, just gone twenty seven after five. As
- 15:22Speaker 2: we squabble over toast for new mums in hospitals and
- 15:27Speaker 2: funding for street dance performers in Auckland. As we pinch
- 15:32Speaker 2: our pennies, pinch our pennies, as we pinch our pennies.
- 15:40Speaker 2: We are penny pinching a lot lately, aren't we. We're
- 15:42Speaker 2: bickering about all sorts of things. You know, should nurses
- 15:45Speaker 2: be getting the free toast in the smokoe room if
- 15:47Speaker 2: they're doing a night shift. The insignificance of all of
- 15:51Speaker 2: these debates is being laid there. This morning. There's an
- 15:54Speaker 2: article in the Heel which is quite good. It's a
- 15:57Speaker 2: bit of a truth bomb from the Treasury boss. So
- 16:00Speaker 2: this is what she has said. She's leaving the job.
- 16:03Speaker 2: By the way, the data is not really new, but
- 16:06Speaker 2: the way that she is speaking so openly and frankly
- 16:09Speaker 2: is quite new. Her name is Carolie McLeish. You probably
- 16:11Speaker 2: don't know her name. She doesn't do many interviews. She
- 16:14Speaker 2: doesn't want to be in the press. She's Australian, she's apolitical.
- 16:18Speaker 2: She's five year term coming to an end. She's actually
- 16:21Speaker 2: going back to Australia to be the Attorney general over there.
- 16:26Speaker 2: Forgive me the order to general over there. So what
- 16:28Speaker 2: if she said, Well, she said, the chickens are coming
- 16:31Speaker 2: home to roost after COVID. We have a structural deficit
- 16:36Speaker 2: and it is so bad that the penny pinching or
- 16:38Speaker 2: the pinching pennies, whatever you want to call it, is
- 16:41Speaker 2: just not going to cut it. Here's a quote from her,
- 16:44Speaker 2: significant concerns about underlying fiscal sustainability of our operating model. Now,
- 16:51Speaker 2: our netcore crown debt is at forty three percent of GDP. Yes,
- 16:55Speaker 2: that is still within a prudent level, but it is
- 16:59Speaker 2: well up on this sub twenty percent of pre COVID.
- 17:03Speaker 2: This is the problem. And so what do we need?
- 17:06Speaker 2: She says, capital gains tax more comprehensive than the one
- 17:10Speaker 2: we've got, and a change to the pension age. Boy,
- 17:13Speaker 2: did we screw the pooch during COVID, right, And everyone said,
- 17:17Speaker 2: I don't worry, We're going to spend all this money
- 17:18Speaker 2: so we don't have a recession. But we've still had recessions,
- 17:23Speaker 2: so it doesn't really matter how much penny pinching though,
- 17:25Speaker 2: we still need the penny pincher.
- 17:27Speaker 1: The first word on the News of the Day Early
- 17:30Speaker 1: edition with Ryan Bridge and Smith City, New Zealand's Furniture
- 17:34Speaker 1: Beds and a playing store, News Talk Zippy.
- 17:43Speaker 2: In the grieb Marko, Welcome to your Monday twenty four
- 17:47Speaker 2: minutes away from six. Donald Trump is supporting the legalization
- 17:52Speaker 2: of cannabis in Florida. The headline slightly misleading. It makes
- 17:56Speaker 2: you think if Trump becomes president, we will be legal
- 17:59Speaker 2: every where. Not quite the case. All he's saying is
- 18:03Speaker 2: that in his home state of Florida, it's going to
- 18:05Speaker 2: be on the ballot to legalize cannabis, and he is
- 18:08Speaker 2: going to vote in favor, which puts them at odds,
- 18:10Speaker 2: by the way, with a whole bunch of apartment In fact,
- 18:12Speaker 2: most Republicans. You have to say, he says, if it's
- 18:15Speaker 2: gonna happen anyway, which the Poles say it will, you
- 18:19Speaker 2: may as well get it right. So he's saying, as
- 18:21Speaker 2: an individual voter in the state of Florida on the ballot.
- 18:24Speaker 2: He will support its interesting he's also going ahead this
- 18:28Speaker 2: is on the national level with making IVF treatment free
- 18:31Speaker 2: as well. So is this a liberal Trump we are
- 18:35Speaker 2: looking at as he faces Kamala Harris in the race
- 18:39Speaker 2: for the White House come November. Also, very quickly, I
- 18:42Speaker 2: promised you some numbers on housing. After two and a
- 18:46Speaker 2: half weeks ago, Adrian all started cutting rates. An increase
- 18:50Speaker 2: in the number of searchers on one roof dot CO
- 18:53Speaker 2: dot nzedg by inquiries jumped forty nine percent on the
- 18:58Speaker 2: same period last year brought up sixty four percent now
- 19:01Speaker 2: some thirty four percent, bay OF plenty twenty five percent,
- 19:04Speaker 2: twenty three to six. Ryan Bridge mcgoing thro oe reporters
- 19:08Speaker 2: around the country, Jamie Cunningham's and Duneed and Jamie some
- 19:10Speaker 2: good news potentially for tourism providers there.
- 19:14Speaker 7: Yes, international flights could be back on the cards, the
- 19:18Speaker 7: odt's reporting. An announcement video appeared on the airport's official
- 19:22Speaker 7: YouTube channel last week but was quickly deleted. Flights between
- 19:26Speaker 7: Dunedin and Australia stopped in twenty twenty. Otago University Tourism
- 19:30Speaker 7: professor Susan Hoji McKenzie says there's a focus on flights
- 19:34Speaker 7: to Queensland, which could be a positive starting point. She
- 19:37Speaker 7: says it would allow Australians and other visitors to explore
- 19:41Speaker 7: Otago while also getting darned and residents over the ditch.
- 19:44Speaker 2: Yeah, you get straight to the warm summary. Vibes of
- 19:48Speaker 2: Queensland would be lovely, wouldn't it. How's speaking of how's
- 19:51Speaker 2: your weather today, Jamie.
- 19:52Speaker 7: Well, it's getting up there today with fine with high
- 19:55Speaker 7: cloud this afternoon, but strong norwesterlies and a high of
- 19:59Speaker 7: twenty one.
- 20:00Speaker 2: Excellent. Thank you have a nice day, Claire. Shewards with
- 20:02Speaker 2: us from christ Church. Clear christ Church mum slamming a
- 20:05Speaker 2: lack of enforcement over child support. Yes, good morning Ryan.
- 20:08Speaker 8: Figures released to news Talks he'd be under the Official
- 20:11Speaker 8: Information Act reveal that of the ninety one thousand New
- 20:14Speaker 8: Zealand is expected to pay child support, seventy two percent
- 20:18Speaker 8: or more than sixty six thousand, are in default now.
- 20:22Speaker 8: Of them, thirty six people or zero point zero five percent,
- 20:25Speaker 8: have been referred for court action. The IIDs confirmed they
- 20:29Speaker 8: don't actually have a policy for court referrals for child
- 20:31Speaker 8: support areas which a family lawyer has labeled as inexcusable.
- 20:35Speaker 8: I've spoken with a mother who herself is owed thousands
- 20:38Speaker 8: of dollars. She asks not to be named, but has
- 20:41Speaker 8: labeled those numbers shameful. She says, if some receiving parents
- 20:45Speaker 8: are in a position where they're forced back to unsafe
- 20:47Speaker 8: situations because they simply financially cannot cope, the governments they're
- 20:51Speaker 8: not doing anything about it. She says, that's a kin
- 20:54Speaker 8: to state sanctioned abuse.
- 20:56Speaker 2: Wow, I mean that's a pretty big call. But you
- 20:59Speaker 2: can understand with a feeling of it. Right, how's your
- 21:01Speaker 2: weather clear?
- 21:02Speaker 8: It's nice here in christ Church two fine variable high
- 21:05Speaker 8: cloud northerly is becoming fresh and a maximum of twenty
- 21:08Speaker 8: one nice one.
- 21:09Speaker 2: Thank you. Max's and Wellington Homes eight bucks for a coffee?
- 21:11Speaker 2: Would I pay it?
- 21:14Speaker 9: Yes?
- 21:14Speaker 2: Probably?
- 21:15Speaker 3: Yeah, Well you probably already have to be fair at
- 21:17Speaker 3: some point. But yeah, look, a lot of us, I think,
- 21:20Speaker 3: at some point have complained about the rising cost of
- 21:23Speaker 3: buying a coffee. How much you pay for your flat white.
- 21:27Speaker 3: We and Wellington have a reputation, I suppose, of being
- 21:29Speaker 3: something akin to coffee snobs. The director of a flight
- 21:33Speaker 3: coffee in Wellington, which supplies a number of Establishments has
- 21:38Speaker 3: published something of an ophead a blog post arguing that
- 21:42Speaker 3: we should be paying more and we're actually getting quite
- 21:44Speaker 3: a good deal at the moment with the cost of coffee.
- 21:47Speaker 3: He says, operational costs have risen so much we should
- 21:50Speaker 3: be paying about eight bucks for just a takeaway flat white,
- 21:54Speaker 3: particularly here in the Capitol, where venues have been weighing
- 21:57Speaker 3: up rising prices, cutting our even closing altogether. He says
- 22:02Speaker 3: the situation is somewhat reminiscence of the two thousand and
- 22:05Speaker 3: eight GFC, but he does can see that actually raising
- 22:08Speaker 3: the price to eight bucks would turn customers off even more,
- 22:11Speaker 3: hence the predicament.
- 22:13Speaker 2: Yeah, it's a vicious circle. I mean, look at the
- 22:15Speaker 2: labor costs you increase of the minimum wage. I am
- 22:18Speaker 2: still dumbfounded. When you get a coffee that's, you know,
- 22:21Speaker 2: sort of under five dollars, How on earth do you
- 22:23Speaker 2: make it work. How's your weather today, Max? Yeah?
- 22:26Speaker 3: Mostly fine. Today's some strong northwesterlyes fifteen central.
- 22:29Speaker 1: Hew.
- 22:29Speaker 2: Do you know what happened with that plane caught on five?
- 22:33Speaker 3: No rationale? Yeah, So, I'm sure the investigations will be
- 22:36Speaker 3: taking place and we'll have the latest when we find.
- 22:38Speaker 2: Out all right, thanks? Next never read of matter is
- 22:40Speaker 2: an Auckland.
- 22:40Speaker 9: Hey, neither hello or just doing that number crunching on
- 22:43Speaker 9: the coffee?
- 22:43Speaker 2: Yeah, what do you pay? Well?
- 22:45Speaker 9: Well, you see the thing is, I can't drink coffee
- 22:47Speaker 9: after nine in the morning because you know, so I
- 22:51Speaker 9: will have a little weeness spree. So so I have
- 22:53Speaker 9: three little pods in the morning, a quarter to four
- 22:55Speaker 9: at home, three pods, three pods one after the other?
- 22:59Speaker 9: Pretty strong profs.
- 23:00Speaker 2: Are they doubles or singles or them?
- 23:02Speaker 1: Yeah?
- 23:03Speaker 9: There will there it's a triple.
- 23:06Speaker 2: But is that sex or is that three? Chief you're
- 23:10Speaker 2: thinking and you want.
- 23:11Speaker 9: To support, you know, the locals and the places. The
- 23:14Speaker 9: eight dollars though, imagine if it was eight dollars and
- 23:17Speaker 9: you're thinking, well, that's forty bucks a week. It's a
- 23:20Speaker 9: little bit, isn't it.
- 23:21Speaker 2: It's getting up there, It certainly is. Hey, how's you there?
- 23:24Speaker 2: Weather looking today in Auckland.
- 23:25Speaker 9: Never, well, there's fog this morning, so yeah, you've better
- 23:28Speaker 9: just check the airports, see what's going on. Cloudy periods
- 23:31Speaker 9: though this afternoon just the odd shower twenty is the high?
- 23:35Speaker 9: Isn't it getting warmer?
- 23:36Speaker 2: It certainly?
- 23:37Speaker 9: Is it?
- 23:37Speaker 2: Certainly is very foggy out there this morning. Take care
- 23:40Speaker 2: on the roads too, Neva. Thank you eighteen away from Sex,
- 23:43Speaker 2: because I know you just can't get enough of me.
- 23:45Speaker 2: I want to tell you about an exciting new project
- 23:48Speaker 2: that is being launched. I'm hosting a weekly podcast called
- 23:51Speaker 2: Bridge Talks Business with Melford. Each episode, I'll be getting
- 23:54Speaker 2: together with a member of Melford's team of leading analysts,
- 23:57Speaker 2: fund managers, and financial experts for a look at the
- 24:00Speaker 2: week's biggest business stories. It's a time for financial turbulence
- 24:04Speaker 2: at the moment, as you will all know, with the
- 24:06Speaker 2: global economy and transition. Inflation looks to be declining in
- 24:09Speaker 2: most developed countries, but volatility remains. So why is it happening,
- 24:14Speaker 2: what can be done about it? And where are things heading.
- 24:17Speaker 2: We'll look at the data, will work out what we
- 24:20Speaker 2: can learn from market history, and we'll ask the hard questions.
- 24:24Speaker 2: This will be your go to for expert insights on
- 24:26Speaker 2: the market's business and the economy, both here and overseas.
- 24:30Speaker 2: Join me for Bridge Talks Business with Melford. Subscribe on
- 24:33Speaker 2: iHeart or wherever you get your podcasts so you don't
- 24:36Speaker 2: miss an episode. Just search Bridge Talks Business. All discussions
- 24:40Speaker 2: are informational only and should not be considered financial advice.
- 24:44Speaker 1: International correspondence with Ends and Eye Insurance Peace of Mind
- 24:48Speaker 1: for New Zealand Business.
- 24:51Speaker 2: Fourteen to six. Now Gavin Gray's a UK and Europe correspondent, Gavin,
- 24:54Speaker 2: what's happening with the elections in Germany.
- 24:57Speaker 10: Well, it's certainly going to be pretty exciting. According to
- 25:01Speaker 10: projections now, it looks like the far right Alternative for
- 25:06Speaker 10: Deutschland is set to win nearly a third of the vote,
- 25:09Speaker 10: coming up to thirty one percent of the vote in
- 25:12Speaker 10: a projection for the Public broadcast for Ard. That is
- 25:16Speaker 10: six points ahead of the Conservative CDU party And if
- 25:20Speaker 10: you look at the three governing parties in the coalition,
- 25:23Speaker 10: they are well behind those two parties and if confirmed,
- 25:27Speaker 10: it would give the far right its first vote win
- 25:29Speaker 10: in a state parliament since World War II and the Nazis. However,
- 25:34Speaker 10: it's unlikely to be able to form a government in
- 25:36Speaker 10: the state of Thuringia because other parties are refusing to
- 25:40Speaker 10: have anything to do with the Alternative for Deutschland. Five
- 25:43Speaker 10: million Germans are ELIGI vote in the two state elections.
- 25:47Speaker 10: The Alternative for Deutschland is also close behind the Conservative
- 25:51Speaker 10: CDU in the election for the state parliament in Saxony.
- 25:55Speaker 10: There we're getting a slightly improved rating for the CDU
- 26:00Speaker 10: and the alternative for Deutschman again polling at thirty point
- 26:03Speaker 10: four percent, and the other three governing parties well down
- 26:07Speaker 10: on that as well. Why well, we've had the knifing
- 26:10Speaker 10: has reported a couple of weeks back, or a week
- 26:13Speaker 10: or so back now, and that was by a Syrian
- 26:16Speaker 10: asylum seeker. And I think basically immigration has played a
- 26:20Speaker 10: huge part in these two elections. And there's another election
- 26:23Speaker 10: coming up in a couple of weeks in the state
- 26:26Speaker 10: of Brandenburg.
- 26:27Speaker 2: All Right, given the keywi skipper of the Basian, the
- 26:31Speaker 2: yacht that sank in near Sicily, The crew members are talking.
- 26:35Speaker 2: What are they saying?
- 26:36Speaker 10: Yeah, they are They've been talking to local reporters. The
- 26:40Speaker 10: most recent interview has been given by Matthew Griffiths, and
- 26:44Speaker 10: he was a crew member of that yacht. You're a
- 26:47Speaker 10: member that seven people died, including sorry, seven people died,
- 26:52Speaker 10: including the British tech tycoon Mike Lynch, in that luxury
- 26:55Speaker 10: yacht sinking off the Sicilian port of Porticello back on
- 26:59Speaker 10: August the ninetheh Now what Matthew Griffiths, who was on
- 27:03Speaker 10: watch duty on the night of the disaster, says to
- 27:06Speaker 10: investigators is the crew members did everything they could to
- 27:09Speaker 10: save those on board. He said, and I quote, I
- 27:11Speaker 10: woke up the captain when the wind was twenty knots
- 27:13Speaker 10: that's roughly thirty seven kmph Ryan, and he gave the
- 27:17Speaker 10: orders to wake everyone else up. The ship then tilted
- 27:21Speaker 10: and we were thrown in the water. We managed to
- 27:23Speaker 10: get back up on and then tried to rescue those
- 27:26Speaker 10: we could. He said. We were walking on the walls
- 27:28Speaker 10: of the boat and basically we did try and save everyone,
- 27:31Speaker 10: and there were fifteen survivors. Now, the boat's captain, the Keiwe,
- 27:35Speaker 10: James Cupfield, and the ship engineer Tim Parker Eaton and
- 27:39Speaker 10: Matthew Griffiths, who's given this interview are all placed under
- 27:43Speaker 10: investigation by the Italian authorities for potential manslaughter and ship rate.
- 27:47Speaker 10: But and I must dress being investigated does not imply
- 27:51Speaker 10: guilt and does not meet formal charges will follow.
- 27:54Speaker 2: Yeah, absolutely given. Thank you for that. Givin Gray you
- 27:56Speaker 2: can you're correspondent. Just gone eleven minutes away from.
- 27:59Speaker 1: Six o'clock, Bryan Bridge.
- 28:01Speaker 2: Doctor Caroly McLeish. She probably don't know her name, but
- 28:04Speaker 2: she is the Treasury boss. She's the outgoing Treasury boss
- 28:07Speaker 2: going back home to Australia after a five year term here,
- 28:10Speaker 2: and she says we have a structural deficit in New
- 28:13Speaker 2: Zealand and things are so bad. She reckons we need
- 28:17Speaker 2: a capital gains tax, comprehensive capital gains tax to try
- 28:20Speaker 2: and fix it into the future, and we need to
- 28:22Speaker 2: change our pension age. Jeff nightingales with us this morning,
- 28:26Speaker 2: Independent tax advisor Jeff good morning.
- 28:29Speaker 4: Good morning Ryan.
- 28:29Speaker 2: Does she have a point here?
- 28:32Speaker 4: Yes, yes she does. Unfortunately, it's very consistent with what
- 28:35Speaker 4: Treasury has been saying for Well, I bet you're part
- 28:39Speaker 4: of five or six years now. They publish every four
- 28:42Speaker 4: years a long term fiscal position and that's consistently showing
- 28:46Speaker 4: The last one they published was twenty twenty one, and
- 28:49Speaker 4: that's consistently showing that we're spending more than we're collecting
- 28:52Speaker 4: and that results in unsustainable levels of debt into the future.
- 28:56Speaker 4: So she's unfortunately, she's right.
- 28:58Speaker 2: She's also linkedo A to COVID quite specifically as well,
- 29:02Speaker 2: isn't she When she talks about the structural deficits so
- 29:06Speaker 2: we're currently at forty three percent of GDP, well up
- 29:09Speaker 2: from the sub twenties before COVID.
- 29:14Speaker 4: That's right. So the COVID expenditure has bumped us, bumped
- 29:18Speaker 4: our debt levels up from sort of twenty forty to
- 29:21Speaker 4: sustainable dead But it's the outward looking track that be
- 29:25Speaker 4: worries and particular and healthcare. When we're all aging, our
- 29:31Speaker 4: population is aging, more of us will draw down on
- 29:34Speaker 4: national super it's a universal benefit, and the aging population
- 29:38Speaker 4: is going to need more healthcare. So the projections on
- 29:40Speaker 4: those two crown expenditures are pretty frightening over the next
- 29:43Speaker 4: sort of thirty years.
- 29:45Speaker 2: Is this not somebody's text and why can't we just
- 29:47Speaker 2: keep cutting? Is this not something we can just cut
- 29:49Speaker 2: our way out of.
- 29:51Speaker 5: Well, we could.
- 29:52Speaker 4: Look, when you're dealing with public finances, there's only three believers.
- 29:56Speaker 4: There's more tax there's cutting expenditure, or this debt. The
- 30:01Speaker 4: debt leave is pretty unsustainable. We've been drawing on that.
- 30:05Speaker 4: This current government's doing a little bit of expenditure cutting,
- 30:08Speaker 4: but it's not really addressing that structural deficit. So that
- 30:10Speaker 4: really leaves us in the position of more taxes and
- 30:14Speaker 4: none of us like that.
- 30:15Speaker 2: Certainly not. Jeff, thank you for that. Independent tax advisor.
- 30:19Speaker 2: Jeff Nightingale nine minutes away from six Rich, good morning.
- 30:26Speaker 2: If you're just joining an early edition, here is your
- 30:28Speaker 2: type five for Monday, the second of September. Number five.
- 30:33Speaker 2: Ukraine is heading Russia, where it hurts overnight drone strikes
- 30:36Speaker 2: on oil refineries in Moscow, of all places. And it
- 30:40Speaker 2: gets worse for Moscow because Ukraine is now producing their
- 30:44Speaker 2: own drones because the West not giving them enough. Four
- 30:47Speaker 2: property market getting a jumpstart. Early signs of one anyway
- 30:50Speaker 2: one roof dot, co, dot and ZED searchers are up
- 30:53Speaker 2: forty nine percent since Adrian Or started hacking the ocr
- 30:57Speaker 2: less than three weeks ago. Ellen plane catches fire in Wellington,
- 31:02Speaker 2: huge barge runs aground in Westport, the yachts sinking in Sicily.
- 31:05Speaker 2: No idea really yet what happened to cause any of
- 31:08Speaker 2: these things. But what we do know human's basically made
- 31:12Speaker 2: to stay on land. Anything else dangerous to rugby. Media
- 31:16Speaker 2: calls it a controversial loss. The spring box quote got lucky. Honestly,
- 31:21Speaker 2: it's a game. There's a ref They're a human. There
- 31:24Speaker 2: will be mistakes. Get over it. Big report out this
- 31:28Speaker 2: morning in the Herald about health. Planned surgeries are being
- 31:31Speaker 2: cut because people are coming in last minute with what
- 31:34Speaker 2: they call more urgent and complex conditions. Usually this is
- 31:38Speaker 2: code for obesity and an aging population causing more problems.
- 31:43Speaker 2: There should be no surprise we are sicker as a
- 31:45Speaker 2: country because we eat more, too much, and we don't
- 31:48Speaker 2: move enough. Plus everybody's getting older, aren't they, And that's
- 31:53Speaker 2: a very expensive thing to try and grapple with. Seven
- 31:55Speaker 2: Away from six.
- 31:58Speaker 1: Get ahead of the headlines, right bridge you for twenty
- 32:01Speaker 1: twenty four on early edition with Smith City, New Zealand's
- 32:05Speaker 1: furniture beds and a player store.
- 32:07Speaker 2: News Talk said be five away from six on news
- 32:09Speaker 2: Talk said, be welcome to your Monday morning. Mike Hosking
- 32:12Speaker 2: is with your next Mike. Good morning to you, Good
- 32:14Speaker 2: morning to you. Ryan. We're just talking about the weather,
- 32:18Speaker 2: aren't we.
- 32:18Speaker 11: We are, because that's all we've got to talk about,
- 32:21Speaker 11: just idle chit chat.
- 32:22Speaker 2: In the ad breaks, well, I was going to talk
- 32:25Speaker 2: to you gaps, so they reckon there's an article and
- 32:27Speaker 2: all it did was print me the photo rather than
- 32:30Speaker 2: the actual article. So I don't have any detail for you.
- 32:33Speaker 2: But not good technically, not great technically but the photo
- 32:36Speaker 2: was good because it's men's abs. Apparently men are getting surgery,
- 32:39Speaker 2: plastic surgery to get abs.
- 32:41Speaker 11: I saw the I saw the piece, didn't read it.
- 32:44Speaker 11: I don't believe it. No, I don't believe it.
- 32:46Speaker 2: Would you get it?
- 32:47Speaker 11: Of course, not because I'm thinking about I mean, it's
- 32:49Speaker 11: hard for you as you look at me. I think
- 32:51Speaker 11: it's hard for you to believe I haven't had some
- 32:53Speaker 11: sort of procedure, given how young I look for my age,
- 32:58Speaker 11: but I haven't.
- 32:59Speaker 2: Do you have abs?
- 33:01Speaker 11: I do, actually I do. Whether you whether to see them, no, no, no, no,
- 33:07Speaker 11: whether whether you can actually see them or not where not,
- 33:09Speaker 11: whether you can see them, whether anyone can see. Everyone's
- 33:12Speaker 11: got ass exactly, just a matter of how it exploss
- 33:14Speaker 11: But I'd go so far as to simon in pretty
- 33:17Speaker 11: damn good shape for my age. And it's the regime
- 33:20Speaker 11: I do each day. The sit ups, the weights, the squats,
- 33:22Speaker 11: oh yes, the bedrn, the plunging everything. Flexibility. I heard
- 33:26Speaker 11: you say flexibility. Read it and look it up and learn.
- 33:31Speaker 11: Flexibility is the go to the ancient cultures, go to
- 33:33Speaker 11: the bogs and the Chinese. Flexibility is the key to
- 33:37Speaker 11: aging gracefully.
- 33:39Speaker 2: What's on the show today.
- 33:41Speaker 11: Difficult to say, Actually no, it's not. Shane Retty funnily enough,
- 33:45Speaker 11: you know this whole business of emergency surgery and racing the.
- 33:49Speaker 2: Shane for some abs we will. He's in charge. Mike's
- 33:53Speaker 2: next to tomorrow
- 33:57Speaker 1: For more from news talks that'd be listen live on
- 34:00Speaker 1: air or online, and keep our shows with you wherever
- 34:03Speaker 1: you go with our podcasts on iHeartRadio.