Latest / Early Edition with Ryan Bridge / Full Show Podcast: 22 July 2025

Transcript

Full Show Podcast: 22 July 2025 · Early Edition with Ryan Bridge

• 0:01
  Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
• 0:05
  Speaker 1: early edition with ex Pole insulation keeping Kiwi Holmes warm
• 0:09
  Speaker 1: and try this winter news talk said, be good.
• 0:12
  Speaker 2: Morning, it is six after five.
• 0:13
  Speaker 3: Welcome to the program.
• 0:14
  Speaker 2: We will look at this new med school that's going
• 0:16
  Speaker 2: to be put up starting construction they say by the
• 0:19
  Speaker 2: end of the year in Waykanto.
• 0:21
  Speaker 3: We'll look at that before six this morning. Donald Demo
• 0:23
  Speaker 3: out of.
• 0:23
  Speaker 2: Australia, the silver Ferns leave the door open a jar
• 0:26
  Speaker 2: to overseas based Kiwi players. We'll investigate that. Cameron Bagri
• 0:30
  Speaker 2: on the economy which is now running close to the
• 0:33
  Speaker 2: Arby and Z's band on inflation, and we will look
• 0:36
  Speaker 2: at new numbers out this morning on a four day
• 0:38
  Speaker 2: work week. If that sounds good to you on a
• 0:40
  Speaker 2: Tuesday morning. It's just gone seven after five. The Agenda
• 0:46
  Speaker 2: twenty second of July twenty five countries have released a
• 0:48
  Speaker 2: joint statement this morning condemning deaths in Gaza and accusing
• 0:52
  Speaker 2: Israel of drip feeding aid to civilians. Italy, France, the UK,
• 0:56
  Speaker 2: they're all on there, condemning the Gaza Humanitarian Foundation, but
• 1:00
  Speaker 2: it's blaming the un.
• 1:02
  Speaker 4: GHF was never meant to meet the needs of the
• 1:04
  Speaker 4: population alone.
• 1:06
  Speaker 5: That is why we have routinely and.
• 1:07
  Speaker 4: From the beginning, pushed for the UN and others to
• 1:11
  Speaker 4: operate alongside us in Gaza. There have been many, many
• 1:15
  Speaker 4: false reports that the UN is not allowed to operate
• 1:18
  Speaker 4: in Gaza. They and others have tens of thousands of
• 1:21
  Speaker 4: pallets of aid sitting inside Gaza, rotted just out of
• 1:26
  Speaker 4: reach of those who needed.
• 1:27
  Speaker 2: Ishiba, the Japanese Prime Minister, going nowhere despite his coalition
• 1:31
  Speaker 2: losing majority in the Upper House sent to right parties
• 1:34
  Speaker 2: governed Japan almost continuously since nineteen fifty five. Coalition needed
• 1:39
  Speaker 2: fifty seats, as we told you yesterday, to retain control
• 1:42
  Speaker 2: of the Upper Chamber.
• 1:43
  Speaker 3: It ended up with forty seven.
• 1:46
  Speaker 5: As President of the Liberal Democratic Party, I offer my
• 1:49
  Speaker 5: deepest and most sincere apologies.
• 1:52
  Speaker 6: This is the war.
• 1:53
  Speaker 5: We must take this result humbly and sincerely to.
• 1:58
  Speaker 2: The US, the Trump administration, and Harvard University and a
• 2:01
  Speaker 2: square off in court today. This is in Boston over
• 2:04
  Speaker 2: the freezing of the two billion dollars in federal grants
• 2:06
  Speaker 2: to the university. This was the money that Trump froze
• 2:10
  Speaker 2: after deciding not to play ball when asked to make
• 2:12
  Speaker 2: changes to hiring, admissions and teaching practices.
• 2:15
  Speaker 7: They argue that the government violated Administrative Procedure Act in
• 2:20
  Speaker 7: freezing this money. They're saying there's actually lives in place
• 2:24
  Speaker 7: that would allow an administration to fund to freeze funding
• 2:28
  Speaker 7: if there was an allegation of improper behavior.
• 2:33
  Speaker 1: That's the first word on the News of the Day
• 2:36
  Speaker 1: early edition with Ryan Bridge and x Fole Insulation keeping
• 2:40
  Speaker 1: Kiwi Holmes warm and dry this winter news talk.
• 2:43
  Speaker 2: Sa'd be so, I suspect just gone nine minutes after
• 2:46
  Speaker 2: five nine two nine two is the number to text,
• 2:48
  Speaker 2: would love to hear from you this morning. I suspect
• 2:50
  Speaker 2: given that it's Tuesday morning, people might be feeling like, oh, yes,
• 2:53
  Speaker 2: I could go for a full day work week.
• 2:55
  Speaker 3: That sounds lovely.
• 2:57
  Speaker 2: And there are some studies out this mornings, numbers out
• 3:00
  Speaker 2: this morning that might please you. A four day work
• 3:04
  Speaker 2: week is linked to improved employee well being in job satisfaction.
• 3:08
  Speaker 2: This is according to one hundred and forty organizations that
• 3:10
  Speaker 2: have been surveyed across six countries, including New Zealand. Because
• 3:14
  Speaker 2: there's a couple of businesses here that have done it.
• 3:16
  Speaker 2: This is US and Irish research teams six months trials
• 3:21
  Speaker 2: involving three thousand employees at these organizations reduced their hours
• 3:25
  Speaker 2: to four days a week without getting a reduction in pay,
• 3:29
  Speaker 2: so you get same pay less time at work compared
• 3:33
  Speaker 2: with employees at twelve companies that didn't shorten their work weeks.
• 3:37
  Speaker 2: The work has reported improvements and burnout, job satisfaction, physical
• 3:42
  Speaker 2: and mental health sounds amazing. Productivity was measured. It's a
• 3:47
  Speaker 2: perception index. So you ask the employees do you feel
• 3:50
  Speaker 2: more productive? And they say yes, Well, of course you
• 3:52
  Speaker 2: would say that if if someone offers you a day
• 3:55
  Speaker 2: off a week and pays you the same money as
• 3:57
  Speaker 2: amount of money and says are you as productive? You're
• 4:00
  Speaker 2: just not. You know, you're not going to be truthful
• 4:03
  Speaker 2: about it, are you. What about the impact on the
• 4:05
  Speaker 2: bottom line, Well, the study doesn't tell us, you know,
• 4:08
  Speaker 2: do you just the business make as much money as
• 4:10
  Speaker 2: it did the week before.
• 4:12
  Speaker 3: Don't know.
• 4:13
  Speaker 2: Also, many of the businesses, when you look a bit closer,
• 4:16
  Speaker 2: who were part of the survey are not for profits
• 4:21
  Speaker 2: who don't care about profit, so it wouldn't be much
• 4:25
  Speaker 2: of a concern for them, and they were offering it
• 4:27
  Speaker 2: in lieu of higher salaries, so you know, we're a charity.
• 4:31
  Speaker 2: We can't afford to pay the big bucks, so we
• 4:33
  Speaker 2: will do a four day week, and you know your
• 4:35
  Speaker 2: salary might be a bit less. So I don't think
• 4:38
  Speaker 2: that's really a comparable example. Personally, nine two the number
• 4:43
  Speaker 2: to text. So the inflation number. We spoke about this
• 4:46
  Speaker 2: yesterday and your inflation up two point seven percent for June.
• 4:50
  Speaker 2: Your rates, as we predicted yesterday, have gone up and
• 4:53
  Speaker 2: led the charge. But there's housing, there's electricity, there's food,
• 4:57
  Speaker 2: all of these things. It's up from two point four percent,
• 5:00
  Speaker 2: much lower than the two point eight percent that the
• 5:02
  Speaker 2: economists were predicting. Tradable inflation was up one point two percent,
• 5:06
  Speaker 2: whereas two one point two percent non tradable inflation that's
• 5:10
  Speaker 2: your domestic stuff, that fell to three point seven percent.
• 5:14
  Speaker 2: We'll get Cameron Baggery's view on this. How long will
• 5:17
  Speaker 2: it be? This is the question most people ask me.
• 5:20
  Speaker 2: How long until we start to feel rich again? You know,
• 5:23
  Speaker 2: there was a thing in Westpac put out there weekly
• 5:25
  Speaker 2: release a couple of weeks ago now and it said
• 5:29
  Speaker 2: that in the last year our disposable income had only
• 5:33
  Speaker 2: gone up zero point nine percent in a year. Now,
• 5:36
  Speaker 2: that doesn't feel great. And I think that's why people
• 5:39
  Speaker 2: are feeling the way that they're feeling out there today.
• 5:41
  Speaker 2: Cameron Baggery.
• 5:42
  Speaker 1: Next on your radio and online on Iheard Radio Early
• 5:47
  Speaker 1: Edition with Ryan Bridge and x Fole Insulation keeping Kiwi
• 5:51
  Speaker 1: Holmes warm and dry. This winter news talks.
• 5:54
  Speaker 3: A'd be into the.
• 5:55
  Speaker 2: Silver ferns just gone fourteen after five, the silver ferns
• 5:57
  Speaker 2: and the fact that they're going to allow foreign based
• 6:00
  Speaker 2: on overseas based keys to play in the team shortly
• 6:03
  Speaker 2: right now. Inflation two point seven cent yesterday. It is
• 6:07
  Speaker 2: close to the top end of the Reserve Banks target
• 6:09
  Speaker 2: Council rates were your main driver. Also, you saw increases
• 6:13
  Speaker 2: in rents, electricity, food. Most think it'll come down, so
• 6:17
  Speaker 2: shouldn't stop the RBNZ from their cutting cycle. Cameron Baggery's
• 6:21
  Speaker 2: independent economists with me this morning. Cameron, good morning, Oh,
• 6:24
  Speaker 2: good morning?
• 6:25
  Speaker 3: Hey? Is it just me?
• 6:27
  Speaker 2: Is it just winter? Everyone feels a little bit miserable
• 6:30
  Speaker 2: out there? When do we start to feel better about things?
• 6:34
  Speaker 6: Do you think, Well, the economy slowly turning the corner,
• 6:40
  Speaker 6: but we're coming out in a mighty economic hole. And
• 6:43
  Speaker 6: it looks like on the gross steaks we might have
• 6:46
  Speaker 6: stopped for a David Longi a cup of tea and
• 6:49
  Speaker 6: the j cord because growth doesn't look like it was
• 6:51
  Speaker 6: flashed them. But the main recession period was the middle
• 6:55
  Speaker 6: of twenty twenty four, the December quarter twenty twenty four
• 7:00
  Speaker 6: Arts quarter twenty twenty five. We've got positive growth, so
• 7:03
  Speaker 6: we're moving in the right direction. But if you look
• 7:06
  Speaker 6: at the level of GDP, we're still well below where
• 7:10
  Speaker 6: we we're twelve months ago. So once again, Ryan, we're
• 7:13
  Speaker 6: getting out of a hole, but we're still in a
• 7:15
  Speaker 6: bit of a hole.
• 7:17
  Speaker 2: And you know, we keep talking about wages are going
• 7:20
  Speaker 2: faster than inflation, so people are feeling richer.
• 7:23
  Speaker 3: I mean, I'm mute to meet someone who.
• 7:24
  Speaker 2: Says that, But these are all averages. I mean, is
• 7:29
  Speaker 2: there a reason why? Can we explain why people are
• 7:32
  Speaker 2: feeling this way?
• 7:35
  Speaker 6: Well, this is a different economic downturn to what we've
• 7:38
  Speaker 6: seen for a long time. Yeah, it's been pretty deep.
• 7:44
  Speaker 6: The economy has not just got what's called sickle damage,
• 7:47
  Speaker 6: i e. The Reserve Bank beat the economy up in
• 7:50
  Speaker 6: order to get rid of inflation. There's some pretty big
• 7:52
  Speaker 6: structural it's just going on. At the same time, we've
• 7:55
  Speaker 6: got massive problems across the educasency, infrastructure, productivity growth them.
• 8:00
  Speaker 6: This economy used to be one point four percent on
• 8:02
  Speaker 6: average per year. It's now down at zero point three percent,
• 8:06
  Speaker 6: which is basically zippo. So a little wonder that people
• 8:08
  Speaker 6: want to hit out the seas and go to Australia
• 8:10
  Speaker 6: because productivity growth is a fundamental driver of wage growth.
• 8:14
  Speaker 6: If you're not getting productivity growth or don't expect to
• 8:16
  Speaker 6: see too much wage growth on the other side. So
• 8:18
  Speaker 6: it's the combination of that, the cyclical downturn that we've
• 8:22
  Speaker 6: been through, the combination with there's a whole lot of
• 8:25
  Speaker 6: structural issues that we still need to address. So this
• 8:27
  Speaker 6: economic recovery, while it's underway, it's going to take a
• 8:30
  Speaker 6: little bit of time before people start to get into
• 8:33
  Speaker 6: that happy zone.
• 8:34
  Speaker 2: How low do you think the r being zen is
• 8:36
  Speaker 2: going to go and end by win?
• 8:40
  Speaker 6: I think they might have another twenty five up their sleeve.
• 8:44
  Speaker 6: The official castraight around three percent, you know. Three percent
• 8:48
  Speaker 6: for thefecial castrat is what's called the neutral ocia. That's
• 8:51
  Speaker 6: where the reserve bent's neither got the foot and accelerator
• 8:54
  Speaker 6: or the break. That's broadly where they need to be.
• 8:56
  Speaker 6: It's the Reserve Bank on holiday. If you're looking at growth,
• 9:00
  Speaker 6: you would say be saying the official cashret is going
• 9:04
  Speaker 6: sub three percent. Now that headline inflation is moving up,
• 9:07
  Speaker 6: and I know yesterday's number was marginally better expect than expectations,
• 9:12
  Speaker 6: but it's still moving up. Economically sensitive parts of the
• 9:16
  Speaker 6: economy such as constructions such as housing, the Reserve Bank
• 9:20
  Speaker 6: is exerting a pretty damping impact on You can't pass
• 9:24
  Speaker 6: on price increases, but the whole lot of administrative charges.
• 9:27
  Speaker 6: There's elocricity prices that are moving up, food prices are
• 9:30
  Speaker 6: moving up. Next quarter, we're going to see local authority
• 9:33
  Speaker 6: rates that are going to be moving up. Now that's
• 9:35
  Speaker 6: going to add I suspect a little bit of inflation persistence.
• 9:38
  Speaker 6: So it may well be I suspect inflation is going
• 9:40
  Speaker 6: to settle up around two and a half, which is
• 9:42
  Speaker 6: not two percent, which is what the Reserve Bank's startling.
• 9:45
  Speaker 2: Yeah, Cameron, appreciate that. Thanks for your analysis this morning,
• 9:48
  Speaker 2: Cameron Bagri. Independent Economists Time now is eighteen minutes after
• 9:50
  Speaker 2: five nine two nine two. The numbers text Ryan. The
• 9:53
  Speaker 2: four day weeks are usually ten hour days. This is
• 9:57
  Speaker 2: coming from a pet food company and hastings that do it.
• 9:59
  Speaker 2: No Reeb's here, says Sarah. So basically, you work longer
• 10:02
  Speaker 2: hours that you're doing fewer days. Would you prefer that? Ryan,
• 10:07
  Speaker 2: it's cold and windy on my kayak this morning, says Richard.
• 10:10
  Speaker 2: I'll feel better when the sun comes up. Richard, What
• 10:12
  Speaker 2: are you doing.
• 10:12
  Speaker 3: Out on the kayak at this time?
• 10:14
  Speaker 2: If somebody if you fall in the water and get
• 10:17
  Speaker 2: yourself in trouble. It's dark.
• 10:20
  Speaker 3: Should you be kayaking in the dark. I don't know.
• 10:22
  Speaker 3: Maybe that's fine. Enjoy your morning, Richard.
• 10:25
  Speaker 2: It's eighteen minutes half to five talk silver Ferns getting
• 10:28
  Speaker 2: Maybe this is part of the problem.
• 10:29
  Speaker 3: The brain drain is happening.
• 10:32
  Speaker 2: All the athletes are moving overseas, so you need to
• 10:35
  Speaker 2: change your eligibility criteria to get them in the Silver Ferns.
• 10:39
  Speaker 1: News and Views you trust to start your day. It's
• 10:42
  Speaker 1: earlier this ship with Ryan Bridge at ex Bowl Insulation Keeping,
• 10:46
  Speaker 1: Kiwi homes Ward and Dray this winter.
• 10:49
  Speaker 2: News Talk, said B five twenty one on news Talk
• 10:51
  Speaker 2: said B. New Zealand's netball team is about to get
• 10:53
  Speaker 2: a serious upgrade. The Netball New Zealand Border is voted
• 10:56
  Speaker 2: to update its eligibility criteria.
• 10:58
  Speaker 3: This is for Silvers.
• 11:00
  Speaker 2: It means that if you are an overseas based athlete
• 11:03
  Speaker 2: you can still play for the national team. This is
• 11:07
  Speaker 2: a text from one of our listeners this morning, Ryan.
• 11:09
  Speaker 2: No coincidence that Netball New Zealand have changed the goalpost
• 11:12
  Speaker 2: this year since they lost their best goal shooting Grace
• 11:14
  Speaker 2: Noiki to the Aussie League and won't let her be
• 11:18
  Speaker 2: eligible for selection here. She's also not eligible for Australia.
• 11:21
  Speaker 2: It's a no brainer. Joining me this morning is Margaret Foster,
• 11:24
  Speaker 2: former Silver Fern and former coach of the Canterbury Fames
• 11:26
  Speaker 2: and the Southern steel Margaret, good morning, Good morning. So
• 11:30
  Speaker 2: what do you make of this change?
• 11:34
  Speaker 8: Well, yay, of course, yeah, without a doubt. I mean,
• 11:39
  Speaker 8: you know rips in your country. You need to have
• 11:41
  Speaker 8: your best athletes surely, regardless of where they're playing in
• 11:45
  Speaker 8: the world. And yeah, no, I think it's brilliant.
• 11:49
  Speaker 2: What is the what was the rationale? Was it to
• 11:52
  Speaker 2: build a better you know depth here in New Zealand?
• 11:56
  Speaker 3: What was it?
• 11:57
  Speaker 8: Well, originally it was I don't know if you remember,
• 12:00
  Speaker 8: but back in the day when Laura Langman was over
• 12:04
  Speaker 8: in Australia playing and she was not eligible to be
• 12:09
  Speaker 8: in the New Zealand team or to make the World
• 12:11
  Speaker 8: Cup team, and they kind of had to do an
• 12:13
  Speaker 8: exception for her. Back then, I think it was really
• 12:17
  Speaker 8: about trying to build our base and ensure that our
• 12:21
  Speaker 8: athletes were staying here in the country to play netball.
• 12:25
  Speaker 8: But it just look, you need to if you want
• 12:29
  Speaker 8: to be playing like top level netball. The best competition
• 12:33
  Speaker 8: is in Australia at the moment.
• 12:36
  Speaker 2: Does this potentially make that situation worse in a way
• 12:41
  Speaker 2: by making their competition stronger?
• 12:44
  Speaker 3: If you know, if you don't need to be in.
• 12:45
  Speaker 2: New Zealand to play for the Silver Ferns, then I
• 12:48
  Speaker 2: suppose why would you.
• 12:50
  Speaker 8: Yeah, well, at the end of the grow that that
• 12:53
  Speaker 8: competition over in Australia has got all the top athletes,
• 12:57
  Speaker 8: so you know, so your weekend leak out playing with
• 13:02
  Speaker 8: the best and against the best, Like you know, you've
• 13:05
  Speaker 8: got the Jamaicans, You've got the English, you've got the
• 13:09
  Speaker 8: South Africans are all all the top athletes are over
• 13:12
  Speaker 8: there playing, so you know, it can only actually make
• 13:15
  Speaker 8: you a better athletes as well, and then you can
• 13:17
  Speaker 8: come back and represent your country and bring in that
• 13:20
  Speaker 8: wonderful form that you've got from playing as an.
• 13:24
  Speaker 2: Level the club teams. Do we have a competition that's
• 13:28
  Speaker 2: you know Trans Tasman.
• 13:31
  Speaker 4: No.
• 13:32
  Speaker 8: And that's the biggest thing is that we really need
• 13:34
  Speaker 8: to to get back into that competition over in Australia,
• 13:39
  Speaker 8: like you know, it's that's that's our biggest thing. I think,
• 13:43
  Speaker 8: you know, like we've we've trialed, we've gone our separate
• 13:46
  Speaker 8: ways and it doesn't really work if you're looking if
• 13:49
  Speaker 8: you're looking at the product that we've got here in
• 13:52
  Speaker 8: New Zealand.
• 13:55
  Speaker 9: I just don't know.
• 13:56
  Speaker 8: I just think it's it would be like much better
• 14:00
  Speaker 8: if we try to get back into that competition.
• 14:05
  Speaker 2: Yeah, it sounds like we would all benefit from it.
• 14:08
  Speaker 3: Mag Thank you.
• 14:09
  Speaker 2: That's Margaret Foster, a former Silver Fern, former Canterbury Fames
• 14:12
  Speaker 2: and Southern Steel coach, talking on the change to the
• 14:15
  Speaker 2: eligibility criteria for from Netball NZ for the Silver Ferns.
• 14:19
  Speaker 3: So there you go.
• 14:20
  Speaker 2: Be good news for any you know, hot not hot,
• 14:25
  Speaker 2: I mean late impressive netballers who are living overseas in
• 14:30
  Speaker 2: Australia right now, including Grace and Riki. Twenty five minutes
• 14:33
  Speaker 2: after five here on News Talks ZVB. Coming up next,
• 14:36
  Speaker 2: we'll talk about Waikato Med School the funding. So we
• 14:41
  Speaker 2: were going to be on the hook for two hundred
• 14:43
  Speaker 2: and eighty million, now it's only eighty What gives?
• 14:46
  Speaker 1: The early edition Full show podcast on iHeartRadio powered by
• 14:50
  Speaker 1: NEWSTALKSB News Talks MB.
• 14:53
  Speaker 3: It is twenty seven minutes after five.
• 14:55
  Speaker 2: Should we be a little worried this morning about the
• 14:57
  Speaker 2: business of business cases? David Siemil from ACT kicked up
• 15:01
  Speaker 2: of USS about the Wycutter University Doctors School cost. He
• 15:04
  Speaker 2: said the cost was out of whack based on a
• 15:07
  Speaker 2: poor quality business case.
• 15:09
  Speaker 3: And he seems to have been proven correct, does he not?
• 15:12
  Speaker 2: Why else would the cost of the taxpayer have shrunk
• 15:15
  Speaker 2: from two hundred and eighty million dollars to eighty million
• 15:18
  Speaker 2: dollars a two hundred million dollar saving if he was right?
• 15:22
  Speaker 2: And he's one guy at the cabinet table. How many
• 15:25
  Speaker 2: other business cases don't stack up? There's an entire lucrative
• 15:30
  Speaker 2: business case industry in Wellington. Some of the workers don't
• 15:33
  Speaker 2: in house by government departments, of course, but much of
• 15:35
  Speaker 2: it is outsourced to the private sector. Can we trust
• 15:39
  Speaker 2: these reports? MB had a business case train wreck A
• 15:42
  Speaker 2: few years back.
• 15:43
  Speaker 3: You might remember this.
• 15:44
  Speaker 2: They were calculating the benefits of hosting events like the
• 15:47
  Speaker 2: World Dance Championships, and questions from the media, they went
• 15:52
  Speaker 2: back and redid their sums, realized they had been incorrectly
• 15:55
  Speaker 2: calculating the cost benefit analyses of events for two years.
• 16:00
  Speaker 2: More than a dozen applications had to be fixed. We've
• 16:04
  Speaker 2: recently had scraps over the benefits of four laning two
• 16:07
  Speaker 2: fun today. And this is a problem because if we
• 16:10
  Speaker 2: can't trust the numbers we're basing decisions on, then how
• 16:13
  Speaker 2: can we make proper decisions. I hope the Wycotter UNI
• 16:16
  Speaker 2: Med School is a success. They say it'll train in
• 16:19
  Speaker 2: extra one hundred and twenty doctors a year. That sounds fantastic,
• 16:22
  Speaker 2: but there are three signs this is a risk of
• 16:24
  Speaker 2: becoming a white elephant project for the government. One other
• 16:28
  Speaker 2: UNI say they could have done it cheaper. Two Wycauter
• 16:31
  Speaker 2: UNI has tons of its own money and the ability
• 16:34
  Speaker 2: to tap into debt. Why aren't they funding it? And
• 16:36
  Speaker 2: three the business case was clearly a bit shonky to
• 16:40
  Speaker 2: begin with.
• 16:41
  Speaker 3: Brian te twenty nine.
• 16:42
  Speaker 2: After five year on news talks, b we talked to
• 16:45
  Speaker 2: the Association of salaried medical specialists after just before six o'clock,
• 16:49
  Speaker 2: I should say this morning for their reaction to this.
• 16:52
  Speaker 2: I mean, if you could funnel the money to existing
• 16:55
  Speaker 2: you know, to Otago and Auckland and get the same outcome,
• 16:59
  Speaker 2: then why wouldn't you do it? I guess that's the question.
• 17:01
  Speaker 2: We'll talk to them just before six o'clock. Come out
• 17:03
  Speaker 2: next to our reporters around the country and Donald de
• 17:05
  Speaker 2: Mayo is out of Australia for us this morning.
• 17:26
  Speaker 1: Brian Bridge on early edition with ex bowl Insulation keeping
• 17:31
  Speaker 1: Kiwi owns warm and try this winter news Talks.
• 17:34
  Speaker 3: It'd be good morning.
• 17:41
  Speaker 2: It is twenty four away from Sex on news Talks.
• 17:43
  Speaker 2: It'd be Donald Demyo out of Australia. Shortly we'll talk
• 17:45
  Speaker 2: to Sarah Dalton. This is from the Association of Salary
• 17:48
  Speaker 2: Medical Specialists. How do they think the doctor training is
• 17:51
  Speaker 2: going to happen at go down at Waikato University. The
• 17:54
  Speaker 2: construction due to start on this project, by the way,
• 17:56
  Speaker 2: by Christmas. Now it is a big ten week on
• 18:00
  Speaker 2: Wall Street this week record gains already to start the week.
• 18:03
  Speaker 2: The S and P five hundred up point six percent.
• 18:06
  Speaker 2: The Nasdaq arepero point seven percent they reached earlier in
• 18:09
  Speaker 2: the day's trading new intra day highs. So things are
• 18:12
  Speaker 2: going well on Wall Street at the moment. And we've
• 18:14
  Speaker 2: got big companies reporting this week. Alphabet which owns Google,
• 18:19
  Speaker 2: is reporting this week. Tesla will kick off the Results
• 18:22
  Speaker 2: seven results season for the Magnificent seven, which is your
• 18:25
  Speaker 2: big tech companies, So big Tech week on Wall Street,
• 18:28
  Speaker 2: and they are expecting big things by the way of
• 18:31
  Speaker 2: those companies that have so far reported in this is
• 18:34
  Speaker 2: reporting season, and above average, eighty three percent of American
• 18:38
  Speaker 2: firms posted earnings per year higher than expected, So eighty
• 18:43
  Speaker 2: three percent have done better than what they were expected
• 18:45
  Speaker 2: to do and that bodes well for a Trump economy.
• 18:48
  Speaker 2: You have to say at this point, isn't it twenty three.
• 18:50
  Speaker 3: Away from six Ryan Bridge Culum proc.
• 18:53
  Speaker 2: To our reporter and to Needin this morning, Colm, Good morning, morning, right,
• 18:56
  Speaker 2: good have you here now? Our South Tonedin community making
• 18:59
  Speaker 2: its message clear it wants change.
• 19:01
  Speaker 3: What's that about? This is sold ship.
• 19:07
  Speaker 10: Future of South Adaptation and flood Prevention.
• 19:11
  Speaker 3: Monitor To come back to Cullum.
• 19:12
  Speaker 2: I think he's having a few issues with this line
• 19:15
  Speaker 2: South to Edin's the flooding of course, Claire Suward is
• 19:18
  Speaker 2: in christ We'll go to Clear first Clear.
• 19:21
  Speaker 3: Christich City Council's got this.
• 19:22
  Speaker 2: Report on election issues. I know when I read this,
• 19:26
  Speaker 2: I thought, is that not up to the voters to
• 19:28
  Speaker 2: decide what the election issues are?
• 19:30
  Speaker 8: Oh?
• 19:30
  Speaker 11: Well, good question, Ryan. Look the council has put out
• 19:33
  Speaker 11: a report saying, look, these are the big issues and
• 19:35
  Speaker 11: this is what's going to be discussed. The idea of
• 19:37
  Speaker 11: this report is to offer key insights into the city,
• 19:40
  Speaker 11: apparently ahead of the local elections, which of course are
• 19:43
  Speaker 11: in October. This council report details basically these strategic, financial
• 19:48
  Speaker 11: and governance issues that council is dealing with at the moment.
• 19:52
  Speaker 11: The Chief Executive, Mary Richardson, says the idea is to
• 19:55
  Speaker 11: present a clear picture to in which basically to explain
• 19:58
  Speaker 11: the environment in which future council decisions need to be made.
• 20:02
  Speaker 11: She says, since the quakes, especially christ Church has re
• 20:05
  Speaker 11: emerged as a resilient and forward focused urban center, and
• 20:10
  Speaker 11: the next council will play a very important role in
• 20:12
  Speaker 11: continuing momentum. Candidate nominations for anyone wanting to put their
• 20:17
  Speaker 11: name in the hat for a run will close next Friday.
• 20:20
  Speaker 3: All right, how's your weather today, Claire.
• 20:22
  Speaker 11: Not so cold this morning. We'll clear too fine, A
• 20:25
  Speaker 11: bit of frost expected later tonight, a southwesterlies and a
• 20:28
  Speaker 11: high of eleven.
• 20:29
  Speaker 3: Nice one. Thank you, have a good day.
• 20:30
  Speaker 2: And Callum is with us from Dunedin back with us,
• 20:33
  Speaker 2: I should say Callum. The South didan community sharing a
• 20:36
  Speaker 2: clear message it wants to change about what.
• 20:40
  Speaker 10: This is about the South and Eden's futures program, the
• 20:44
  Speaker 10: climate adaptation and flood prevention options that have been presented
• 20:47
  Speaker 10: to the community, and more than twelve hundred individuals and
• 20:51
  Speaker 10: organizations have already shared their views on what they think
• 20:54
  Speaker 10: is the best future option for South Dinedan. There were
• 20:57
  Speaker 10: seven options, ranging from the status quo to large scale retreat.
• 21:01
  Speaker 10: A seventy three percent of respondents ryan so keeping the
• 21:04
  Speaker 10: status quo is going in the wrong direction. Fifty nine
• 21:07
  Speaker 10: percent agree more space for waterways in wetlands is the
• 21:10
  Speaker 10: right direction. The hidden the Council says survey shows people
• 21:13
  Speaker 10: do want action and there is now a strong mandate
• 21:16
  Speaker 10: to move beyond the status quo. A final plan is
• 21:19
  Speaker 10: scheduled for completion by the end of next year.
• 21:21
  Speaker 3: All right, how's your weather?
• 21:24
  Speaker 10: Freezing and frosty and foggy as well, so flights early
• 21:27
  Speaker 10: flights already delayed or canceled out as to need an airport.
• 21:30
  Speaker 3: But a fine day today in a high of twelve brilliant.
• 21:33
  Speaker 2: Thank you Max and Wellington Max. This is the Candala
• 21:36
  Speaker 2: Mum daughter murder trial. There is summing up today.
• 21:41
  Speaker 9: Yeah, the Candalah murder trial. Fifty three year older Julia
• 21:44
  Speaker 9: Delooney on trial for killing her elderly mother in a
• 21:46
  Speaker 9: fit of ragel She contends someone broke in and bashed
• 21:50
  Speaker 9: Helen Gregory without robbing her of her precious belongings. The
• 21:54
  Speaker 9: crown case being that Deluney tried to stage the scene
• 21:57
  Speaker 9: to look like an accidental fall from the attic Dealoney
• 22:00
  Speaker 9: had money problems. She'd invested far, far too much in crypto,
• 22:04
  Speaker 9: for instance, and likely stole the last of her mother's
• 22:07
  Speaker 9: savings just to focus on The defense case though, which
• 22:10
  Speaker 9: summed up at the Wellington High Court yesterday. It claims
• 22:13
  Speaker 9: seemingly mundane actions like Deloney taking out a rubbish bag
• 22:17
  Speaker 9: after the death, receiving cash deposits in the weeks prior
• 22:22
  Speaker 9: leaving and returning to the scene, these have all been
• 22:25
  Speaker 9: twisted the defense claims by police to look suspicious, but
• 22:28
  Speaker 9: no intruder on the CCTV valuable. Still, their suggestive evidence
• 22:33
  Speaker 9: of theft, Deloney's fates will soon lie in the jury's hands.
• 22:37
  Speaker 9: How's your weather, max cloudy this morning, clearing this afternoon
• 22:41
  Speaker 9: eleven the high nice one, Thank you, Hey Neva, good morning,
• 22:44
  Speaker 9: good morning. So we spoke about the RSA. They've hit
• 22:47
  Speaker 9: the now illegal challenged from the rebelling clubs.
• 22:51
  Speaker 12: Yes it's right. So news Talk ZDB obtained an augurand
• 22:54
  Speaker 12: district newsletter revealing that some of the clubs is seeking
• 22:57
  Speaker 12: a judicial High Court review. Now they allege the process
• 23:01
  Speaker 12: to change the National Bodies Constitution in April is unlawful
• 23:04
  Speaker 12: and they want it reversed. Obviously, this follows the National
• 23:08
  Speaker 12: irisass spending eighteen defaulting clubs accusing some of deliberately holding
• 23:13
  Speaker 12: fees the annual fees. So Chief Executive Evan Williams he's
• 23:16
  Speaker 12: confirming that a group of Auckland based clubs they want
• 23:19
  Speaker 12: the changes to undergo a judicial review, and he says
• 23:22
  Speaker 12: they had disappointed the sections being taken.
• 23:24
  Speaker 2: Boitiness friendly fined you could say and signed dow say, Hey,
• 23:29
  Speaker 2: what's what's happening with our weather today?
• 23:31
  Speaker 12: It's fine, fine, correct again like yesterday morning frosts in
• 23:36
  Speaker 12: sheltered places, our high thirteen.
• 23:38
  Speaker 2: Nice one, nice bluebird day bit nippy, but that's okay.
• 23:41
  Speaker 2: Eighteen minutes away from six, Thanks neither. You're on News
• 23:44
  Speaker 2: Talk s B. We'll get to don on tomorrow out
• 23:46
  Speaker 2: of Australia next and then before sex we'll talk about
• 23:49
  Speaker 2: the Waikata University School med school that will be constructed
• 23:54
  Speaker 2: they say starting by Christmas. So many people are texting
• 23:59
  Speaker 2: in about a Tiger universities claim that it could have
• 24:01
  Speaker 2: done the same number of students but for cheaper, like
• 24:05
  Speaker 2: this from Mark Ryan. If it's old mate Grant Robertson
• 24:08
  Speaker 2: doing the numbers for Otagian University saying they could have
• 24:10
  Speaker 2: done it cheaper, I'd be inclined to not believe them
• 24:13
  Speaker 2: and go with y Kato. Seventeen away from six. You
• 24:17
  Speaker 2: will know that smart property investors think in decades, not years.
• 24:20
  Speaker 3: Building a strong.
• 24:21
  Speaker 2: Portfolio a property portfolio takes time and it takes the
• 24:25
  Speaker 2: right financial partner. And that's where A and Z comes in.
• 24:28
  Speaker 2: They're passionate about empowering key we property investors to achieve
• 24:30
  Speaker 2: their ambitious long term property portfolio goals. Whether you're acquiring
• 24:35
  Speaker 2: your first investment property or diversifying an established portfolio, A
• 24:39
  Speaker 2: and Z delivers the specialist support and the financial solutions
• 24:43
  Speaker 2: that you need and In big news for investors, A
• 24:46
  Speaker 2: and Z has introduced ten year interest only repayments on
• 24:50
  Speaker 2: home loans that could help you manage your property investment strategies.
• 24:53
  Speaker 2: For some investors, choosing interest only payments could unlock portfolio
• 24:58
  Speaker 2: advantage and advantages of proving your cash flow position, potentially
• 25:02
  Speaker 2: maximizing tax benefits too, which we all love. Am z's
• 25:06
  Speaker 2: mobile mortgage managers bring deep market knowledge, innovative thinking, and
• 25:10
  Speaker 2: competitive rates to client relationships. A and Z provides the
• 25:13
  Speaker 2: financial foundation that could help you build a property investment
• 25:17
  Speaker 2: portfolio for the long run. Search A and Z Property
• 25:21
  Speaker 2: Investment to find out how am Z could help you.
• 25:24
  Speaker 2: A and Z lending criteria t's and c's and fees
• 25:27
  Speaker 2: apply minimum thirty percent deposit may apply for property investment lending.
• 25:33
  Speaker 1: International correspondence with Enzen Eye Insurance. Peace of Mind for
• 25:37
  Speaker 1: New Zealand Business.
• 25:38
  Speaker 2: Sarah Doulton on the med School shortly right now, Donald
• 25:41
  Speaker 2: Mayo out of Australia, Donna, good morning, Good morning to
• 25:44
  Speaker 2: you tell us Parliament resuming for the first time since
• 25:47
  Speaker 2: the election, what's the Prime Minister had to say?
• 25:50
  Speaker 13: I well, this must maintain its sense of discipline as
• 25:58
  Speaker 13: they held back the same discipline they held during the
• 26:00
  Speaker 13: government's first term. Mind you, we'll mention that there's a
• 26:03
  Speaker 13: Labor senator, Charlotte Walker, who turned twenty one on election day,
• 26:08
  Speaker 13: so there's some pretty young fresh faces heading to Canberra today.
• 26:11
  Speaker 13: But Albo says, don't let the majority get to your heads.
• 26:14
  Speaker 13: Mind you, it's a ninety four seat majority, quite huge
• 26:18
  Speaker 13: as you can imagine. He says, don't take the job
• 26:21
  Speaker 13: for granted. And he says that if Labor members keep
• 26:25
  Speaker 13: their discipline, there's no reason why the MPs won't be
• 26:28
  Speaker 13: returned to the next parliament as well. So there's a
• 26:31
  Speaker 13: showing a little bit of confidence there. He says, the
• 26:34
  Speaker 13: caucus must repay the faith to voters.
• 26:36
  Speaker 8: Now.
• 26:36
  Speaker 13: His priority will be his government's priority to swipe student
• 26:40
  Speaker 13: debt by twenty percent, reform childcare and ensriying penalty rates.
• 26:43
  Speaker 13: We also heard from the Opposition leader, of course, Susan Lee,
• 26:46
  Speaker 13: who told the party room let's be ready to take
• 26:48
  Speaker 13: up the fight to labor. I will mention. On another matter,
• 26:52
  Speaker 13: it was interesting to know what Labor was going to do.
• 26:56
  Speaker 13: There was some chat about the fact that the photo
• 27:01
  Speaker 13: of former Labor leader Mark Latham was still on the
• 27:03
  Speaker 13: wall at Parliament. So the wall, yes, the photo is
• 27:07
  Speaker 13: going to stay, but the words have been added. In
• 27:10
  Speaker 13: twenty seventeen, Mark Latham was expelled from the Labor Party
• 27:14
  Speaker 13: and banned for life his actions do not accord with
• 27:17
  Speaker 13: Labour's values. Mark Latham to this day has denied any
• 27:20
  Speaker 13: allegations of emotional and physical abuse of his ex partner.
• 27:24
  Speaker 2: All right, and this Victorian farmer banned for owning cattle
• 27:27
  Speaker 2: after some quite shocking animal abuse.
• 27:30
  Speaker 13: Yes, I won't go into too much detail because it's
• 27:32
  Speaker 13: really quite distressing. This is a thirty three year old
• 27:35
  Speaker 13: from a regional area in Victoria called Colak. He cannot
• 27:38
  Speaker 13: be a cattle farmer for ten years. He's been fined
• 27:40
  Speaker 13: seventy five thousand dollars pleaded guilty to seventy two offenses
• 27:45
  Speaker 13: in relation to cruelty neglect. Now he's a well known
• 27:48
  Speaker 13: bloke in the district, a local amateur footballer. But the
• 27:51
  Speaker 13: court was told in graphic detail that the cattle had
• 27:53
  Speaker 13: suffered greatly they were found dead or dying from emaciation,
• 27:58
  Speaker 13: disease or dehydration. One hundred and seventy animals were found
• 28:01
  Speaker 13: dead on the property.
• 28:03
  Speaker 3: All right, Donald willieve out there. Thank you.
• 28:05
  Speaker 2: Donald are Australia correspondent is eleven away from six ran Bread.
• 28:09
  Speaker 2: So the government's given the green light a new medical
• 28:11
  Speaker 2: school at the University of Waikato. Doors will open twenty
• 28:14
  Speaker 2: twenty eight a starting role of one hundred and twenty
• 28:16
  Speaker 2: students a year. Eighty two million bucks. That's how much
• 28:19
  Speaker 2: we pay down from two hundred and eighty million dollars
• 28:22
  Speaker 2: which was previously promised at the election from National Sarah
• 28:25
  Speaker 2: Dalton's the executive director of the Association of Salary Medical
• 28:28
  Speaker 2: Specialist Sarah. Good morning, Good morning, Ryan, How are you
• 28:31
  Speaker 2: doing very well?
• 28:32
  Speaker 3: Thank you.
• 28:33
  Speaker 2: The government says we will get more rural doctors and
• 28:36
  Speaker 2: gps out of doing this at Wayicuto University. What stops
• 28:41
  Speaker 2: you from you know, once you do your studies, how
• 28:44
  Speaker 2: do you decide or are there rules about where you.
• 28:46
  Speaker 3: Must go next.
• 28:49
  Speaker 14: It's just every new graduate doctor has to do two
• 28:52
  Speaker 14: years practical work. Generally in hospitals, they're the ones known
• 28:56
  Speaker 14: as house officers before they get their general registration with
• 28:59
  Speaker 14: the Medical Council, So no doctor emerging from university has
• 29:04
  Speaker 14: any specialty. They might think they know that they want
• 29:07
  Speaker 14: to be a rural doctor or a surgeon, or an
• 29:11
  Speaker 14: anethetist or a psychiatrist or a GP, but they have
• 29:15
  Speaker 14: to do this two years and then they will continue
• 29:18
  Speaker 14: on as a registrar, choose a training program with one
• 29:22
  Speaker 14: of the colleges, and once they emerge from that training
• 29:27
  Speaker 14: program five to ten years later, they will be a specialist. So,
• 29:31
  Speaker 14: you know, everyone might hope that more people who go
• 29:33
  Speaker 14: to this new medical school will be gps or rural
• 29:36
  Speaker 14: hospital medicine specialists, but we can't guarantee that. The bottom line,
• 29:41
  Speaker 14: and this is the good news, is that the more
• 29:43
  Speaker 14: doctors we train, the more doctors will have And actually
• 29:47
  Speaker 14: the highest proportions of any single specialist group registered with
• 29:51
  Speaker 14: the Medical Council now are gps. So it stands to
• 29:54
  Speaker 14: reason that the more we train, the more GPS will get.
• 29:57
  Speaker 2: Do we know of the doctor that we currently train,
• 30:01
  Speaker 2: how many of them end up overseas?
• 30:04
  Speaker 14: I don't personally know their statistic.
• 30:06
  Speaker 2: But because is there a risk that we train these
• 30:09
  Speaker 2: people and then they bugger off?
• 30:11
  Speaker 14: Oh, There is absolutely that risk. But there is a
• 30:13
  Speaker 14: side of the coin, which is make the terms and
• 30:15
  Speaker 14: conditions to stay here, make it make it easier to
• 30:19
  Speaker 14: stay here, make it better to stay here, Guarantee them jobs,
• 30:23
  Speaker 14: make sure they're earning good money. We've got a real
• 30:26
  Speaker 14: problem with Australian doctors earning so much more than they
• 30:30
  Speaker 14: can possibly.
• 30:31
  Speaker 2: How much How much do you mean, because I mean
• 30:33
  Speaker 2: I've seen some of those specialist rates and I've had
• 30:36
  Speaker 2: friends have moved for these rates and they're double what
• 30:39
  Speaker 2: what you know? Do we need to double what you realistically?
• 30:44
  Speaker 14: Yeah, if you're talking senior doctors, obviously we because we
• 30:49
  Speaker 14: deal with salary doctors. So if we just make that comparison.
• 30:55
  Speaker 14: In Australian they have a state system. So the state
• 30:58
  Speaker 14: we adoptors earn the least current is New South Wales.
• 31:02
  Speaker 14: Our specialist scale starts at step one, goes all awaut
• 31:05
  Speaker 14: step fifteen. So after fifteen years a doctor here will
• 31:09
  Speaker 14: be at the top of our specialist scale. And in Australia,
• 31:13
  Speaker 14: in their first year they can earn more than our
• 31:15
  Speaker 14: step fifteen, which so you can go to Australia and
• 31:20
  Speaker 14: earn more in your first year, then you can earn.
• 31:23
  Speaker 2: Yeah, in your fifteen Sarah, that is that is quite
• 31:27
  Speaker 2: a number. Sarah Doll's and an executive director of the
• 31:30
  Speaker 2: Association of Salaried Medical Specialists.
• 31:33
  Speaker 3: Eight minutes away from six, So.
• 31:34
  Speaker 2: We train them, I mean, you've got to train them,
• 31:37
  Speaker 2: because that's what you have to do. But then what
• 31:39
  Speaker 2: happens after that? Are we willing to happy to let
• 31:42
  Speaker 2: them go for our eighty million dollar sunk investment?
• 31:46
  Speaker 3: Seven away from six?
• 31:48
  Speaker 1: The news you need this morning and the in depth
• 31:51
  Speaker 1: analysis earlier this year with Ryan Bridge and ex Bowl
• 31:54
  Speaker 1: Insulation keeping Kiwi homes warm and dry this winter news talks,
• 31:59
  Speaker 1: he'd been some news talks.
• 32:00
  Speaker 2: The BG, the anti helicopter lobby activist groups are quite determined,
• 32:06
  Speaker 2: aren't they. This is Ali Williams and Animobra wanting the
• 32:08
  Speaker 2: chople to land at their house. They got the green
• 32:11
  Speaker 2: light and now the quiet Sky White and Matar who's
• 32:15
  Speaker 2: the group leading the anti helicopter brigade. They filed an
• 32:19
  Speaker 2: appeal in the Environment Court. So yes, it's going to
• 32:21
  Speaker 2: the Environment Court now. And Mike Lee, who's an Autland counselor,
• 32:24
  Speaker 2: he's going to bring a notice of motion this week
• 32:26
  Speaker 2: to ban helicopters and residential areas full stop. So counsel
• 32:31
  Speaker 2: is actually going to vote on a chopper ban five
• 32:35
  Speaker 2: to six. Bryan Bridge, Mike's here now, Hey, Mike morning,
• 32:39
  Speaker 2: And we wonder why we've got problems in this country.
• 32:41
  Speaker 3: I mean, we can't land the Well, the problem is.
• 32:44
  Speaker 15: They had a process and nobody participated in that process
• 32:48
  Speaker 15: more than those people who are going to the Environment Court.
• 32:50
  Speaker 15: There were fourteen hundred submissions, and most of those people
• 32:54
  Speaker 15: didn't even live in Auckland.
• 32:55
  Speaker 2: And didn't talk about the environmental impacts, but rather about
• 32:59
  Speaker 2: wealthy people.
• 33:00
  Speaker 3: About wealthy people they talk they did.
• 33:01
  Speaker 15: They did have some worries about some birds and some nesting,
• 33:04
  Speaker 15: and I thought the commissioners, the Independent Commissioners, were that
• 33:07
  Speaker 15: they said, there's nothing inherently unurban about a.
• 33:11
  Speaker 2: Helicopter, which is what this group is saying. It's mad
• 33:15
  Speaker 2: that you can compare it to a biker or a
• 33:17
  Speaker 2: car basically a permitted activity.
• 33:19
  Speaker 15: Well, I think they did compare it to a biker
• 33:21
  Speaker 15: a car. But if you look at the numbers in
• 33:23
  Speaker 15: that case, I mean there's sixty landing permits in way Hecki.
• 33:26
  Speaker 15: Now the reason for that is just outside of all
• 33:28
  Speaker 15: it's an Island.
• 33:29
  Speaker 3: Yes, so you need one.
• 33:30
  Speaker 2: So there's that, and there's.
• 33:31
  Speaker 3: The rest of all.
• 33:32
  Speaker 15: There's about three or four. I mean, we're not all
• 33:34
  Speaker 15: going out to buy a halicopter now to land in
• 33:36
  Speaker 15: our backyard.
• 33:37
  Speaker 2: If you lived next door to one, mic.
• 33:39
  Speaker 15: Yeah ins and you had your opportunity to have you
• 33:42
  Speaker 15: all say you know and what do you do?
• 33:46
  Speaker 3: Well, there's medical school this morning, all.
• 33:48
  Speaker 2: Right, look for Mike is here next See tomorrow.
• 33:55
  Speaker 1: For more from Early Edition with Ryan Bridge. Listen live
• 33:58
  Speaker 1: to News Talks. It'd be from five am weekdays, or
• 34:01
  Speaker 1: follow the podcast on iHeartRadio.