Latest / Early Edition with Ryan Bridge / Full Show Podcast: 10 September 2026
Transcript
- 0:00Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
- 0:04Speaker 1: Early Edition with Spark for Business. Technology that keeps business moving.
- 0:09Speaker 2: Newstalk ZB.
- 0:10Speaker 3: Good morning, six after five. Great to have your company
- 0:12Speaker 3: coming up on the show. David Seymour on red tape
- 0:15Speaker 3: this morning. US oil's up over $ 100 a barrel again.
- 0:18Speaker 3: House prices here, $ 20. 29 before we'll get them back to
- 0:22Speaker 3: $ 20. 21 prices according to ASB. Plus we'll do AI and
- 0:25Speaker 3: data centres.
- 0:28Speaker 2: The Agenda.
- 0:29Speaker 3: It is Thursday, the 2th of September. Great to have
- 0:31Speaker 3: your company. Nigel Farage, well, the cops are involved now.
- 0:34Speaker 3: Channel 4 over there has released footage. They sent in
- 0:37Speaker 3: an actor posing as an American businessman. This American businessman
- 0:42Speaker 3: goes and meets with Nigel Farage. Remember, this is the
- 0:46Speaker 3: meeting where Farage says, I wasn't listening to any of that.
- 0:49Speaker 2: I knew you. Yeah, very good, very good.
- 0:51Speaker 1: OK, I.
- 0:54Speaker 4: Run an American family office and I haven't been able
- 0:56Speaker 4: to donate.
- 0:57Speaker 5: Directly up to this point. But I was thrilled to
- 1:02Speaker 5: be able to pick up the tab for the polls
- 1:05Speaker 5: that you had commissioned.
- 1:07Speaker 6: That was great.
- 1:07Speaker 2: And the third poll.
- 1:08Speaker 1: It was.
- 1:09Speaker 7: Boom.
- 1:09Speaker 2: Right.
- 1:10Speaker 3: When I saw the third.
- 1:11Speaker 5: Poll on the front page of the Times, I thought, well,
- 1:13Speaker 5: all right, these are people who know how to spend
- 1:16Speaker 5: their money.
- 1:16Speaker 3: Doesn't sound great, does it? Anyway, reform says nothing to
- 1:20Speaker 3: see here.
- 1:21Speaker 8: The worst case scenario here is jail time. That is
- 1:25Speaker 8: extremely unusual, a custodial sentence for breaking electoral reform. But
- 1:30Speaker 8: this is a big deal. It is a significant update
- 1:34Speaker 8: that the Met Police have launched a criminal investigation after
- 1:38Speaker 8: those two men, Dan Dukes and James Orr, senior officials
- 1:41Speaker 8: in reform, had to step down over that footage.
- 1:44Speaker 3: If it's an actor and not a real thing, can
- 1:48Speaker 3: you be arrested for that?
- 1:49Speaker 9: You know what I mean?
- 1:50Speaker 3: Anyway, Andy Burnham, he's defending his government's sanctions on West
- 1:53Speaker 3: Bank settlements in the House.
- 1:54Speaker 7: Britain has to stand for something. Britain has to show leadership.
- 1:59Speaker 7: Britain has to stand for fairness against injustice, where people
- 2:03Speaker 7: are being bullied out of their homes, intimidated. We will
- 2:07Speaker 7: always stand with the underdog.
- 2:09Speaker 3: Let's go to the U.S. Trump's banning Canadian motorbike spirits
- 2:12Speaker 3: and milk.
- 2:12Speaker 10: The bans on the alcohol and as well as motorcycles
- 2:15Speaker 10: are going to kick in in about three weeks time.
- 2:17Speaker 10: Trump administration has for quite some time talked about how
- 2:21Speaker 10: tariffs are here to stay. Donald Trump truly believes that
- 2:23Speaker 10: tariffs are a way to reshore jobs, bring them to
- 2:26Speaker 10: the United States.
- 2:27Speaker 3: Finally, you know, the jurors in the Lindsay Clancy trial,
- 2:30Speaker 3: this is the mother that they reckon killed her kids.
- 2:33Speaker 3: It was a mistrial. Anyway, three of the jurors have
- 2:35Speaker 3: spoken out saying there was one who just wouldn't budge.
- 2:39Speaker 7: He was very arrogant.
- 2:40Speaker 3: He really did not take anything that anybody said.
- 2:44Speaker 2: He admitted he had reasonable doubt. And I started filling
- 2:48Speaker 2: out the forms. I was so excited.
- 2:50Speaker 7: And then he said, but I'm still not going to
- 2:53Speaker 7: say that she's not guilty by reason of insanity.
- 2:56Speaker 6: We read to him on numerous occasions the definition of
- 2:59Speaker 6: reasonable doubt.
- 3:00Speaker 3: But he had the hardest time getting off.
- 3:02Speaker 10: The fact that Lindsay viciously killed her children.
- 3:08Speaker 2: Hear it first.
- 3:09Speaker 1: Ryan Bridge on early edition with Spark for Business, technology
- 3:13Speaker 1: that keeps business moving.
- 3:15Speaker 3: Newstalk ZB. That's a jury of your peers, isn't it?
- 3:17Speaker 3: Nine minutes after five, 9292 is the number to text.
- 3:20Speaker 3: I'm looking forward to talking about this ASB report that's
- 3:23Speaker 3: just come out. I mean, it's no great revelation that
- 3:26Speaker 3: house prices aren't really going anywhere in a hurry unless
- 3:28Speaker 3: you're in parts of the South Island, unless you're in
- 3:31Speaker 3: Queenstown Lakes, for example. But the interesting part about it
- 3:35Speaker 3: is just how long it's going to take before we
- 3:37Speaker 3: get back to the highs that we saw in 2021.
- 3:40Speaker 3: So that won't happen. And it's only in nominal terms
- 3:43Speaker 3: anyway until 2029. So 10 years, well, almost 10 years
- 3:48Speaker 3: between drinks. And it's only in nominal terms. So much
- 3:53Speaker 3: longer before you actually get once your inflation adjusts, once
- 3:56Speaker 3: you get back to where house prices were. This is obviously,
- 4:00Speaker 3: for a lot of people, a good thing because house
- 4:02Speaker 3: prices aren't taking off and going nuts. And the reasons
- 4:05Speaker 3: are well canvassed, and we will talk about them later
- 4:07Speaker 3: in the program. But they reckon 3.5% for 2027 and
- 4:12Speaker 3: then around 5% per year thereafter. And then, yeah, 2029
- 4:16Speaker 3: is your date. So we'll talk about that a little
- 4:19Speaker 3: later in the program. Also this morning, Very interesting looking
- 4:24Speaker 3: at what happened in Nainai Community Centre in Lower Hutt
- 4:27Speaker 3: last night. That's a joke. It's not. But 120 people
- 4:31Speaker 3: turned up to hear. This is Chris Hipkins' first public
- 4:35Speaker 3: meeting of the campaign. And 120 people and a pet
- 4:39Speaker 3: cat turned up, I'm told, last night. All went off
- 4:42Speaker 3: without a hitch. Mainly, you know, they pack these things
- 4:45Speaker 3: with their own supporters. National does the same. Pack it
- 4:47Speaker 3: with their own supporters. And then you don't look so bad.
- 4:51Speaker 3: But it's just interesting, the strategies. And you have to
- 4:54Speaker 3: give Simeon Brown probably a bit of credit for getting
- 4:58Speaker 3: Luxon out there early. And he's pretty much finished his
- 5:02Speaker 3: round of public meetings now already. But it's created the
- 5:07Speaker 3: impression that he is able to go out there and
- 5:10Speaker 3: talk to real people. He is able to engage with
- 5:12Speaker 3: the public, which is what you need to do. And
- 5:15Speaker 3: then he's basically finished. So he's gone out there. He's
- 5:19Speaker 3: created this impression and then he's done. He won't have
- 5:23Speaker 3: any more planned public meetings henceforth. And there's nine weeks
- 5:28Speaker 3: to go on the campaign, which means he can focus on,
- 5:30Speaker 3: you know, going to cut some ribbons and do a
- 5:33Speaker 3: few press conferences. And this is where the sort of
- 5:38Speaker 3: the muckrakers and the disgruntled folk like to come out
- 5:43Speaker 3: of the woodwork. And this is where Hipkins is starting
- 5:46Speaker 3: his public meetings. So you've probably got to... You've probably
- 5:49Speaker 3: done a smart thing there, I would say, Simeon Brown,
- 5:52Speaker 3: 12 minutes after five. Ryan Bridge on Newstalk ZB. Great
- 5:57Speaker 3: to have your company. We're back after this.
- 5:58Speaker 1: The early edition Paul's Show podcast on iHeartRadio, powered by
- 6:03Speaker 1: Newstalk ZB. Before the news breaks, hear it first. Ryan
- 6:08Speaker 1: Bridge on early edition with Spark for Business, technology that
- 6:12Speaker 1: keeps business moving.
- 6:13Speaker 2: News Talk ZB.
- 6:14Speaker 3: 5.14, interesting, Peter Thiel has a founder's fund and it's
- 6:18Speaker 3: put money into a company called Covenant. Covenant is an
- 6:22Speaker 3: American defence start-up. And they are building new long-range cruise missiles.
- 6:28Speaker 3: They reckon a fraction of the cost of the Tomahawks
- 6:30Speaker 3: that the American military is currently using. We've spoken before
- 6:33Speaker 3: about the fact that they're running a little low. Their
- 6:35Speaker 3: stockpiles are running a little low. So this is a
- 6:37Speaker 3: startup defense company. They've just opened a big factory in Dallas.
- 6:41Speaker 3: They've got a supply factory in Germany. They've got a
- 6:44Speaker 3: factory in Israel. And they reckon they're going to make
- 6:46Speaker 3: 1,000 of these things in their first year, scaling up
- 6:49Speaker 3: to 5,000 of them. Very cheap and go a long way.
- 6:53Speaker 3: 14 after 5. Labour's AI policy. They want an office
- 6:58Speaker 3: of AI. They want a new online safety regulator. They
- 7:01Speaker 3: want new copyright rules. And they want data centres to
- 7:04Speaker 3: wash their own face.
- 7:05Speaker 11: We'll invest in AI's benefits because there are real benefits.
- 7:10Speaker 11: But we will also focus on protecting Kiwis from the
- 7:13Speaker 11: potential harm that AI can cause.
- 7:16Speaker 3: Right, Graeme Muller, Chief Executive of Tech New Zealand with
- 7:18Speaker 3: us this morning. Hey, Graeme.
- 7:20Speaker 12: Hi there, Graeme.
- 7:21Speaker 3: What do you reckon?
- 7:23Speaker 12: I think it's fantastic. I expect probably a lot of
- 7:26Speaker 12: parties will have some sort of stance on AI at
- 7:29Speaker 12: this election. We've been calling for it for about the
- 7:31Speaker 12: last two elections. This is a technology that is more
- 7:35Speaker 12: impactful than any we've seen, even electricity. And finally, I
- 7:40Speaker 12: think it's good to see people taking it seriously.
- 7:42Speaker 3: What is an office of AI in New Zealand going
- 7:45Speaker 3: to do? This is a global phenomenon. It's got a
- 7:48Speaker 3: life of its own. What can you actually do to
- 7:52Speaker 3: regulate it?
- 7:54Speaker 4: Yeah, I think.
- 7:57Speaker 12: Parts will need to be regulated for sure. But I
- 7:59Speaker 12: think the main thing is that it's such a powerful
- 8:04Speaker 12: technology that that we need to have basically a view
- 8:08Speaker 12: on what's happening across government and in society and making
- 8:11Speaker 12: sure that we're, as I say in their press release,
- 8:14Speaker 12: getting the best benefits while managing any of the risks.
- 8:18Speaker 12: At the moment, it's all very ad hoc. It's a
- 8:20Speaker 12: little bit like a lot of people listening to this,
- 8:23Speaker 12: they probably would have had a bit of a play
- 8:25Speaker 12: with Claude or OpenAI, ChatGPT or something like that. And
- 8:29Speaker 12: their kids probably have and their grandparents probably have and
- 8:33Speaker 12: their and then mate down the road probably has but
- 8:36Speaker 12: uh it's it's just random and ad hoc and you're
- 8:39Speaker 12: not getting the best benefits out of it and you're
- 8:40Speaker 12: also probably exposing yourself to vulnerabilities with your data and
- 8:44Speaker 12: things like that by not having a structured approach to
- 8:47Speaker 12: it so.
- 8:47Speaker 3: People are going on there and putting in their information
- 8:50Speaker 3: asking questions here's my bank balance or whatever and it's
- 8:53Speaker 3: taking up that it's sucking up the information i.
- 8:56Speaker 12: Mean it could be it's just that everyone's Excited by the,
- 8:59Speaker 12: when you start playing with these tools, they're powerful and
- 9:02Speaker 12: they're amazing and people get excited by it. And we've
- 9:06Speaker 12: yet to face the potential risks. Like we're seeing it
- 9:11Speaker 12: with other parts of AI already through, as I say,
- 9:13Speaker 12: we need an online safety regulator because we're seeing AI
- 9:16Speaker 12: so embedded in our society already. We're using it a lot,
- 9:21Speaker 12: but we're probably not thinking through the implications in a
- 9:24Speaker 12: lot of places. It's a great, powerful tool and it
- 9:27Speaker 12: will give us a lot of benefits. And it does
- 9:29Speaker 12: need a strong view. And it's not, this is not,
- 9:32Speaker 12: this is not new. I mean, for many, many years now,
- 9:34Speaker 12: other countries have had ministers of AI and officers of AI.
- 9:38Speaker 12: So this is a really good policy.
- 9:40Speaker 3: I agree. Yes, they have. But is anything any better there?
- 9:44Speaker 3: You know, I mean, it's just another thing. It's like
- 9:49Speaker 3: another office. It's another official. It's how you can't stop it.
- 9:54Speaker 12: Yeah, like a really good parallel is if you cast
- 9:57Speaker 12: your mind back, I'm not sure how old you were
- 9:59Speaker 12: when the mobile phone arrived. but everyone freaked out about
- 10:01Speaker 12: the mobile phone. We didn't want people using them in
- 10:06Speaker 12: places people were going to get cancer. There was a
- 10:07Speaker 12: lot of people going, oh, we can't have the mobile phone.
- 10:10Speaker 12: But they eventually coordinated with industry and made some pragmatic
- 10:14Speaker 12: rules around things like, let's not put cell towers in
- 10:16Speaker 12: the middle of schools. Now we've reached an age where
- 10:18Speaker 12: people are really complaining if the cell tower isn't close
- 10:21Speaker 12: enough and they haven't got 5G and fast online streaming.
- 10:24Speaker 12: So it moves on, but at the time when it's
- 10:26Speaker 12: all happening, you don't want it to be happening in
- 10:28Speaker 12: a Roger Random way. You want some sort of structure
- 10:32Speaker 12: and plan, coordination between different agencies, different industry bodies, etc.,
- 10:37Speaker 12: so that things work in a way that's best for
- 10:39Speaker 12: New Zealand.
- 10:40Speaker 3: All right, Graeme, good to have you on the show.
- 10:41Speaker 3: Thank you, Graeme Muller, Chief Executive, Tech New Zealand. Time
- 10:44Speaker 3: is 18 after five. I do remember when the cell
- 10:47Speaker 3: phones came out and they said if you put the
- 10:49Speaker 3: cell phone in your pocket, then it freezes your sperm.
- 10:53Speaker 3: You won't be able to have children. Remember that? I
- 10:55Speaker 3: think people still, I don't know, I don't know that
- 10:57Speaker 3: it's not true. You know, I haven't actually checked. I
- 11:02Speaker 3: know sperm count is going down. That's a recorded scientific fact.
- 11:07Speaker 3: How do we know it's not the cell phones? And
- 11:10Speaker 3: we need an office to tell us that, apparently. 19
- 11:12Speaker 3: minutes after five, very quickly, was reading about Anthropic this morning.
- 11:16Speaker 3: You know, they've got clawed, the AI model. And the
- 11:19Speaker 3: American government is blaming the Chinese. for basically doing what
- 11:25Speaker 3: apprentices do to their bosses, which is just ask them
- 11:27Speaker 3: lots of questions. So the Chinese younger bots go and
- 11:31Speaker 3: ask the American older bots, how do you do this?
- 11:33Speaker 3: Why are you doing this? Learn from them and then
- 11:36Speaker 3: make themselves smarter in the process. They're saying this is theft.
- 11:40Speaker 3: 19 after 5, Newstalk ZB.
- 11:50Speaker 1: News and views you trust to start your day. It's
- 11:53Speaker 1: Early Edition with Ryan Bridge and Spark for Business. Technology
- 11:58Speaker 1: that keeps business moving.
- 11:59Speaker 2: Newstalk ZB.
- 12:01Speaker 3: 5.22, you know there's been lots of protests against migrants
- 12:04Speaker 3: in the UK. Well, in Portsmouth, they went and surrounded
- 12:07Speaker 3: a hotel because they got word that there were some
- 12:10Speaker 3: asylum seekers inside the hotel. This has happened last night.
- 12:13Speaker 3: Inside the hotel, in fact, was Pakistan's under-19 cricket team
- 12:17Speaker 3: on tour.
- 12:18Speaker 2: Whoops.
- 12:21Speaker 3: More news on housing asb's picking house prices to finally
- 12:25Speaker 3: hit their 2021 peak this is a nominal terms only
- 12:28Speaker 3: but not until 2029 prices are still 15 below that
- 12:32Speaker 3: high they're expecting to increase three and a half percent
- 12:35Speaker 3: next year rawdon christie real estate agent with us this
- 12:37Speaker 3: morning rawdon good morning hello how you doing right very
- 12:40Speaker 3: well thank you good to have you on the show
- 12:42Speaker 3: what's it like selling real estate at the moment.
- 12:44Speaker 9: Rawdon We've had quite a quiet August. There's no doubt
- 12:50Speaker 9: about it. We saw a lot of old stock in August.
- 12:54Speaker 9: September's been quite quiet, but there's a lot of activity,
- 12:58Speaker 9: we think, around the corner. We're talking to a lot
- 13:00Speaker 9: of clients at the moment who are lining up and
- 13:03Speaker 9: are making that. Do we jump before the election? Do
- 13:05Speaker 9: we wait until after the election? Look, I appreciate the
- 13:10Speaker 9: fact that prices have been down a little bit. I
- 13:13Speaker 9: reckon there's more activity coming than the ASB report shows.
- 13:18Speaker 9: I think we could have quite a strong start to 2027,
- 13:22Speaker 9: judging by the sheer numbers of people we're talking to
- 13:25Speaker 9: at the moment. And that's partly because people have just
- 13:27Speaker 9: accepted the fact we're in a stable market. Not much
- 13:30Speaker 9: is really changing. There's no point really waiting. So we
- 13:35Speaker 9: may as well move on. And bloody good news for
- 13:37Speaker 9: first home buyers.
- 13:38Speaker 3: It certainly is, especially at that end of the market.
- 13:41Speaker 3: What about the other end of the market? I mean,
- 13:43Speaker 3: what houses are selling? Do you have to be renovated?
- 13:46Speaker 3: Do you have to look good?
- 13:47Speaker 5: 100%.
- 13:49Speaker 9: Well, I mean, the houses which are selling quite easily
- 13:54Speaker 9: and for good money are very well presented. So if
- 13:58Speaker 9: you're thinking about it. You know, do the work, do
- 14:02Speaker 9: the hard work. People are trying to steal bargains out there.
- 14:05Speaker 9: Buyers have got.
- 14:05Speaker 6: A heap of choice.
- 14:07Speaker 9: So if you really produce a shiny product where people
- 14:10Speaker 9: know they do not have to spend any money once
- 14:13Speaker 9: they've purchased, then you're likely to get a good sale
- 14:16Speaker 9: fairly quickly for a good price. But apart from the
- 14:20Speaker 9: first time buyers, we've seen quite a lot of downsizers
- 14:22Speaker 9: who've now decided, hey, and it's probably true that prices
- 14:25Speaker 9: are not going to move a great deal next year.
- 14:28Speaker 9: And so they're thinking, well, there's no point hanging on
- 14:32Speaker 9: all the costs associated with larger homes. So we're going
- 14:34Speaker 9: to downsize now and just bite the bullet. That side
- 14:37Speaker 9: of the market is beginning to move a great deal more.
- 14:40Speaker 9: You've got other indications. I mean, building consents in July
- 14:43Speaker 9: were up 21 percent on the year before. Stats New
- 14:46Speaker 9: Zealand reported residential construction. The Q2 is up 10 percent
- 14:51Speaker 9: from last year. Those are all good signs. that there's
- 14:54Speaker 9: a simmering in the market, which I think will see
- 14:57Speaker 9: a reasonable start to 2027. But it's going to be stable.
- 15:00Speaker 9: There are no massive gains to be made. It is
- 15:03Speaker 9: going to be stable. You know, I look at it
- 15:06Speaker 9: right now after three or four tough years and think,
- 15:08Speaker 9: if we're going to get back to 2021 by 2029,
- 15:12Speaker 9: which is only now, what, a year and a half away, well,
- 15:16Speaker 9: that's not a bad thing.
- 15:18Speaker 5: I'd take that.
- 15:19Speaker 12: That's what we've been through.
- 15:20Speaker 3: Rawdon Christie, real estate agent. It is 25 after five,
- 15:24Speaker 3: Newstalk ZB. We'll talk about the idea of another new
- 15:27Speaker 3: ministry and another new minister next. Newstalk ZB 527. Do
- 15:31Speaker 3: we really need a minister of booze? Back in the
- 15:35Speaker 3: good old days, they were all ministers of booze. The
- 15:37Speaker 3: whole cabinet, especially this one.
- 15:38Speaker 6: Doesn't give my opponents much time to run up to
- 15:43Speaker 6: a election, does it?
- 15:45Speaker 3: But the idea that we need a minister responsible for alcohol,
- 15:49Speaker 3: while well-intentioned, like all the 81-odd portfolios that previous reviews
- 15:56Speaker 3: and recommendations have created, is not necessary. This is one
- 16:00Speaker 3: of the recommendations from the Hospitality Sector Regulatory Review. This
- 16:06Speaker 3: review was done by the Ministry for Regulation. Remember, that
- 16:10Speaker 3: ministry was created to cut red tape and make government
- 16:13Speaker 3: less complicated. It's recommended creating a new agency and a
- 16:18Speaker 3: new ministerial responsibility. It was announced by the Minister for Regulation,
- 16:22Speaker 3: David Seymour, whose role was also set up to cut
- 16:25Speaker 3: red tape. Can you see the problem here? There are
- 16:28Speaker 3: no doubt good reasons to make rules simpler and get
- 16:30Speaker 3: rid of regulations, but creating a new minister and ministry
- 16:34Speaker 3: who then does a review and recommends creating another agency
- 16:38Speaker 3: and another ministerial job just sounds backwards. It's like bacteria,
- 16:43Speaker 3: bureaucratic bacteria. They multiply and spread everywhere. One minute, it's
- 16:47Speaker 3: a single cell. Next minute, it's split into two. Next minute,
- 16:50Speaker 3: there's four. It goes on and on and on. We
- 16:52Speaker 3: need fewer jobs in Wellington, surely not more. Remember, Ireland, Norway, Singapore, Finland,
- 16:58Speaker 3: similar size to us, they've got fewer than 20 ministerial roles.
- 17:02Speaker 3: The UK, Canada, the US, Korea, a lot larger than us,
- 17:06Speaker 3: still fewer than 30. The saving grace here is that
- 17:10Speaker 3: no decisions on this review have yet been made, so
- 17:13Speaker 3: why not just cut the red tape and send the
- 17:16Speaker 3: pollies for a beer at Bellamy's.
- 17:18Speaker 2: Ryan Bridge.
- 17:20Speaker 3: 29 minutes after five. Ryan, how many years has New
- 17:23Speaker 3: Zealand had to prepare for AI? Another knee-jerk reaction from
- 17:27Speaker 3: this dumb, don't-think-ahead government. It was actually a Labour policy, Steve. Oh,
- 17:33Speaker 3: Steve says it doesn't matter which party, they're all idiots.
- 17:38Speaker 2: OK.
- 17:40Speaker 3: Great to have your company, Steve. We're going to the
- 17:42Speaker 3: US next here on Newstalk ZB.
- 17:54Speaker 1: The Early Edition full show podcast on iHeartRadio, powered by
- 17:58Speaker 1: Newstalk ZB. Ryan Bridge on Early Edition with Spark for Business.
- 18:05Speaker 1: Technology that keeps business moving.
- 18:07Speaker 2: Newstalk ZB.
- 18:12Speaker 3: It's 24 away from 6 here on Newstalk ZB. Coming up,
- 18:15Speaker 3: oil up over $ 100 a barrel again. We'll go to
- 18:17Speaker 3: the US for the latest. Trump's going to give a
- 18:19Speaker 3: big speech at the Republican National Convention as well. We'll
- 18:21Speaker 3: give you details of what's to come. David Seymour on
- 18:24Speaker 3: red tape. Loads of your text and feedback we'll get
- 18:27Speaker 3: to in a second as well. But over in Germany,
- 18:31Speaker 3: you know, we've had the far right... And I do
- 18:34Speaker 3: that with some inverted commas because, I mean, what is
- 18:36Speaker 3: far right? How far right do you go before you're
- 18:39Speaker 3: no longer far right? You know what I mean? Before
- 18:41Speaker 3: you're left of far right. Anyway, it's AFD and Mertz.
- 18:45Speaker 3: It's an existential threat to Mertz, who's the chancellor in
- 18:48Speaker 3: Germany at the moment, because they're coming for him when
- 18:51Speaker 3: they have their next general elections. Remember, these are state elections.
- 18:54Speaker 3: But when they have the next general elections, they are
- 18:56Speaker 3: hoping to try and cling them out. Now, Merz has
- 18:59Speaker 3: hit back his first comment since their victory at the weekend.
- 19:02Speaker 3: He's accusing them of ethnic cleansing. And the reason he's
- 19:06Speaker 3: saying the words ethnic cleansing is because of their re-migration policy,
- 19:11Speaker 3: which is basically to take people who are in Germany
- 19:15Speaker 3: illegally and send them home. Now, this is quite a
- 19:21Speaker 3: controversial term, apparently. They refer to it, certainly places like
- 19:25Speaker 3: The Guardian refer to it as Irregular migrants. So it's
- 19:29Speaker 3: large-scale expulsions of irregular migrants. And then you go, well,
- 19:33Speaker 3: what the hell is an irregular migrant? An irregular migrant
- 19:36Speaker 3: is anyone who enters a country without official permission or
- 19:41Speaker 3: legal documents. Now, in my mind, that's an illegal immigration.
- 19:46Speaker 3: You know, it's as the Americans would call an illegal alien.
- 19:50Speaker 3: Isn't it the same thing? Anyway, he's saying that sending
- 19:53Speaker 3: them home is basically ethnic cleansing. He's got a job
- 19:57Speaker 3: to protect. It's 22 minutes away from six. Let's go
- 20:01Speaker 3: around the country. Jamie Cunningham Dunedin. Jamie, good morning.
- 20:04Speaker 9: Morning, Ryan.
- 20:04Speaker 3: You've got some goldmine news for us.
- 20:07Speaker 13: Yes, so Oceana Gold wants to squeeze another decade out
- 20:10Speaker 13: of New Zealand's biggest gold mine, lodging a $ 3. 1 billion
- 20:14Speaker 13: application to extend its McRae's operation in Otago. It's seeking
- 20:19Speaker 13: fast-track approval for the project, targeting another 1 million ounces
- 20:23Speaker 13: of gold over more than a decade. Senior Vice President
- 20:26Speaker 13: for Legal and Public Affairs Alison Poole says it would
- 20:29Speaker 13: benefit East Otago and the wider community, supporting hundreds of
- 20:33Speaker 13: jobs and local businesses. She adds that it's also an
- 20:36Speaker 13: opportunity to improve the way the mine looks after the environment,
- 20:40Speaker 13: meeting New Zealanders' expectations now and in the future. The
- 20:44Speaker 13: application will now be assessed for completeness before being considered
- 20:48Speaker 13: by an independent expert panel.
- 20:50Speaker 3: All right, how's your weather, Jamie?
- 20:52Speaker 13: Fine, apart from rain before dawn, westerlies and a high
- 20:55Speaker 13: of 10.
- 20:55Speaker 3: Thank you. Clare's in Christchurch. Morning, Clare.
- 20:58Speaker 14: Good morning.
- 20:59Speaker 3: What's this mansion been given away?
- 21:01Speaker 15: Yeah, this is a multi-million dollar home in Merivale. It's
- 21:04Speaker 15: up for grabs, but with one catch, whoever takes it
- 21:07Speaker 15: will have to then pay and go to the hassle
- 21:09Speaker 15: of moving it. Developers M Group are keen to clear
- 21:12Speaker 15: this 1,500 square metre property to put six new standalone
- 21:16Speaker 15: townhouses on there. It reportedly bought this mansion for $ 3. 8 million.
- 21:21Speaker 15: It's been dutifully restored since the quakes, and basically now
- 21:25Speaker 15: you can have it if you move it. Now, Director
- 21:28Speaker 15: Sean McCrory says they're not looking to make any money
- 21:30Speaker 15: from this process, but they do think that finding a
- 21:32Speaker 15: buyer won't necessarily be easy because there is relocation and
- 21:35Speaker 15: further investment costs to consider. That said, he reckons there
- 21:39Speaker 15: are already some interested parties who have both the land
- 21:42Speaker 15: and means to move this 120-year-old home. How's your weather, Clare?
- 21:48Speaker 15: We've got rain developing this morning, should clear early afternoon.
- 21:51Speaker 15: Southwesterly is briefly strong, but then dying out to the
- 21:54Speaker 15: high 11.
- 21:54Speaker 6: Nice one.
- 21:55Speaker 5: Thanks.
- 21:55Speaker 3: You have a nice day. Max, good morning.
- 21:57Speaker 5: Good morning.
- 21:57Speaker 3: Ho, ho, ho.
- 22:00Speaker 4: That's right. Yeah, it may seem a little early to
- 22:03Speaker 4: be thinking about Christmas, but September 10. But for 86 years,
- 22:07Speaker 4: the Royal New Zealand RSA has been sending Christmas parcels
- 22:10Speaker 4: to New Zealand military personnel deployed overseas. And today marks
- 22:15Speaker 4: the beginning of that prep. They're wrapping these parcels today
- 22:18Speaker 4: at Trentham Military Camp. You're talking handmade cards from families, well-wishers,
- 22:23Speaker 4: Kiwi treats, non-perishable, I assume, pans providing most of the food.
- 22:28Speaker 5: A really great event.
- 22:29Speaker 4: Last year, more than 150 parcels were sent to Defence
- 22:33Speaker 4: Force personnel serving in places like Korea, South Sudan, Egypt,
- 22:37Speaker 4: the Middle East, Antarctica, among others. And today, September 10,
- 22:41Speaker 4: marks the day that those parcels are wrapped at Trentham.
- 22:44Speaker 5: Oh, wonderful.
- 22:45Speaker 3: How's your weather?
- 22:46Speaker 4: Cloudy with showers. Stronger norwesterlies this morning, 14.
- 22:49Speaker 6: All right.
- 22:49Speaker 3: You enjoy, Max. Thank you. Neva, ho, ho, ho.
- 22:55Speaker 16: We'll be sitting here laughing with my hand over my
- 22:57Speaker 16: mouth going, stop it, Neva.
- 22:59Speaker 5: Stop laughing.
- 23:00Speaker 3: Hey, the Kmart store that's opening in West Auckland this morning.
- 23:02Speaker 11: Pretty big.
- 23:02Speaker 16: Yes, pretty big. And I bet you there will be queues.
- 23:05Speaker 16: There'll be queues of people waiting because, you know, they
- 23:08Speaker 16: love turning up to the opening of an envelope. So
- 23:10Speaker 16: unlike others, it's going to operate with the stores.
- 23:13Speaker 5: Apparently.
- 23:14Speaker 16: A Plan C Plus format. What is that, you ask?
- 23:18Speaker 16: I'm not sure, but it's a new layout. I think
- 23:21Speaker 16: that's really big in Australia. So that's what they have,
- 23:24Speaker 16: the Kmart Plan C Plus format. So it's a whole
- 23:27Speaker 16: new layout. The checkout, instead of, you know, Kmart, you
- 23:30Speaker 16: go to Kmart and the checkout is in the middle
- 23:32Speaker 16: of the store. It's now going to be at the
- 23:34Speaker 16: front of the store or near the exit. So they're
- 23:36Speaker 16: shifting everything around. There's going to be better product presentation there.
- 23:42Speaker 16: expanded self-service technology. And apparently this is pretty cool. So
- 23:49Speaker 16: the Westgate store is going to introduce, you know, like
- 23:51Speaker 16: new kiosks for larger items. So that's your outdoor equipment,
- 23:55Speaker 16: your nursery products. So instead of taking up all the
- 23:58Speaker 16: huge amount of space on the shop floor, customers, you
- 24:02Speaker 16: go to a, you know, kiosk and then you'll just
- 24:04Speaker 16: punch it in and say, oh, I want 10 plants, blah, blah, blah.
- 24:08Speaker 16: Decide on an item. You get a ticket, and then
- 24:11Speaker 16: you collect it from a collection site.
- 24:13Speaker 3: It does seem odd. I'm thinking of the one in
- 24:16Speaker 3: the mall in St.
- 24:17Speaker 2: Luke's.
- 24:18Speaker 3: Oh, yes, I go to that one. Why do they
- 24:19Speaker 3: have it in the middle of the shop? I never
- 24:21Speaker 3: really thought about why it's there, but it doesn't really
- 24:24Speaker 3: make sense.
- 24:24Speaker 13: No, quite right.
- 24:25Speaker 3: And then you've got all the security on the door
- 24:26Speaker 3: wondering who's leaving without paying. It's not immediately obvious if
- 24:30Speaker 3: you've been through the checkout.
- 24:31Speaker 16: And I think they must have thought. about that too.
- 24:34Speaker 2: They hurt you.
- 24:34Speaker 16: They hurt you, Ryan, and decided to change it.
- 24:36Speaker 3: Plan C plus. Someone just trying to be cool with
- 24:39Speaker 3: design and it didn't work. And why C?
- 24:41Speaker 16: Why C?
- 24:42Speaker 3: Why the letter C? C.
- 24:43Speaker 2: C, C. I don't know.
- 24:44Speaker 3: Because that's what you are if you shoplift. How's the weather?
- 24:51Speaker 2: All right.
- 24:52Speaker 5: Cloud increasing. Odd shower from late morning.
- 24:54Speaker 16: Then that rain, I think, will be quite heavy early evening.
- 24:58Speaker 16: 16 the high here in England.
- 24:59Speaker 3: All right. Thank you, Niva. It is 17 away from
- 25:01Speaker 3: six here on Newstalk ZB. What's Trump going to say
- 25:03Speaker 3: to the Republican National Convention? We'll tell you next. There's
- 25:07Speaker 3: no denying it. Businesses are under pressure at the moment.
- 25:10Speaker 3: Keeping up in the current market takes real innovation. And
- 25:13Speaker 3: that's why businesses are getting ahead of the crowd and
- 25:15Speaker 3: looking harder at technology. and technology that genuinely improves how
- 25:19Speaker 3: you operate. Because resilience doesn't just happen overnight, it's something
- 25:23Speaker 3: you build. And that's the conversation Spark is having with
- 25:26Speaker 3: their customers right now. Whether it's smarter connectivity, cloud solutions
- 25:30Speaker 3: that scale with you, or unlocking the power of AI
- 25:33Speaker 3: to drive better decisions and better productivity, Spark is helping
- 25:36Speaker 3: businesses stay ahead of the curve. They're not just selling tech,
- 25:40Speaker 3: they're offering real solutions and real support. It's about making
- 25:43Speaker 3: your systems work together so your people can focus on
- 25:46Speaker 3: the day-to-day stuff that really matters, what they're good at.
- 25:48Speaker 3: So if you're ready to take the pressure off and
- 25:50Speaker 3: move forward with confidence, talk to Spark for Business. They'll
- 25:54Speaker 3: help get you sorted.
- 25:54Speaker 2: 14 away from six.
- 26:03Speaker 3: We'll get to David Seymour in just a second. First,
- 26:05Speaker 3: oil bring crude up over 100 bucks a barrel overnight,
- 26:08Speaker 3: and this is because of the war in the Middle East. Nick,
- 26:11Speaker 3: what do we know?
- 26:11Speaker 14: That's right, Ryan. It's been pushed up even higher, up
- 26:15Speaker 14: above $ 100 a barrel for the first time in several months,
- 26:17Speaker 14: really since about July. And the bad news, it's going
- 26:21Speaker 14: to go higher. That's the expectation because we are once
- 26:23Speaker 14: again seemingly in that cycle of strikes and counter-strikes by
- 26:27Speaker 14: the US and Iran. So in the last 24 hours,
- 26:29Speaker 14: the US destroyed five Iranian oil tankers, Iran in retaliation,
- 26:34Speaker 14: targeted a US base in Jordan, targeted two US vessels
- 26:38Speaker 14: and eight oil tankers near the Strait of Hormuz. And
- 26:41Speaker 14: the US Secretary of State, Marco Rubio, is saying that
- 26:44Speaker 14: the US will continue to hit Iran's oil tankers if
- 26:47Speaker 14: Iran continues to retaliate.
- 26:49Speaker 5: So in theory.
- 26:50Speaker 14: more US retaliation to come in the coming hours. And
- 26:53Speaker 14: on top of that, Iran is threatening to target more
- 26:56Speaker 14: oil tankers. And that's all bad news for energy prices.
- 26:59Speaker 14: We've just seen here in the US the most expensive
- 27:02Speaker 14: holiday weekend, the end of summer Labor Day weekend, the
- 27:05Speaker 14: most expensive for motorists on record, all because petrol prices
- 27:09Speaker 14: have been pushed up by the war in Iran. And
- 27:11Speaker 14: now oil prices rising higher once again.
- 27:13Speaker 3: Nick, what about Trump's big speech at the Republican convention?
- 27:16Speaker 3: Are you going to talk about this? It's cost of living.
- 27:19Speaker 14: Well, this is the big thing. Many Republicans want him
- 27:22Speaker 14: to deal with those issues that matter to voters. Affordability,
- 27:26Speaker 14: rising inflation, this war with Iran that is pushing up prices.
- 27:29Speaker 14: But the big worry is it's going to be all
- 27:31Speaker 14: about Trump and all about Trump's ego. Because you wouldn't
- 27:35Speaker 14: normally have a convention ahead of a midterm election. They
- 27:38Speaker 14: normally only happen every four years, just ahead of the
- 27:41Speaker 14: presidential election. So this is unusual. Donald Trump, though, wanted
- 27:45Speaker 14: to have it. And therefore, the worry is, He's going
- 27:48Speaker 14: to talk about all his old grievances. He's going to
- 27:50Speaker 14: attack Joe Biden, who hasn't been president for a couple
- 27:53Speaker 14: of years, and really not deal with the big problems
- 27:55Speaker 14: that voters will be thinking about when they vote in
- 27:58Speaker 14: under two months in the midterm elections. And today, on
- 28:01Speaker 14: day one of two days, Donald Trump is giving the
- 28:03Speaker 14: headline speech. He didn't want to wait until day two.
- 28:06Speaker 14: He's jumping in, giving the headline speech tonight and says...
- 28:09Speaker 14: He'll speak on day two to give closing remarks. So yes,
- 28:12Speaker 14: it's all about Trump, but will he deal with the
- 28:15Speaker 14: cost of living issues that many Americans are feeling?
- 28:17Speaker 6: All right, Nick.
- 28:18Speaker 3: Nick Harper, that's our US correspondent. Time is 18, sorry,
- 28:22Speaker 3: 12 minutes away from six o'clock. Very quickly, this is
- 28:26Speaker 3: out of China. They've released their inflation number. It's still low,
- 28:29Speaker 3: up 0.8% from a year ago, but it is a
- 28:32Speaker 3: little higher than July, marginally higher than what they were expecting.
- 28:35Speaker 3: The interesting thing is what's falling in pork. is falling
- 28:39Speaker 3: through the floor, the price of it, and the reason
- 28:42Speaker 3: they've got massive industrial-scale pig farms over there. Supply up,
- 28:46Speaker 3: price down. Back home, hospo regulation reviews. This is David
- 28:52Speaker 3: Seymour's lot. Paying too much in fees are our hospo businesses.
- 28:56Speaker 3: Licensing decisions taking too long. Some don't even make sense.
- 29:00Speaker 13: Sometimes what happens is individual agencies don't appreciate.
- 29:05Speaker 5: What.
- 29:06Speaker 13: They're doing is running counter to what another government department
- 29:09Speaker 13: is doing.
- 29:10Speaker 3: No decisions made yet on this review. David Seymour, Minister
- 29:12Speaker 3: for Regulation with us. David, good morning.
- 29:15Speaker 6: Good morning.
- 29:16Speaker 3: Hey, so one of the things that's come up, do
- 29:18Speaker 3: we need a minister for alcohol or regulating responsible for
- 29:23Speaker 3: alcohol and potentially another new agency?
- 29:28Speaker 6: Yeah, well, that's the recommendation that has been put up
- 29:31Speaker 6: by the ministry, um, Not really one that I would
- 29:34Speaker 6: go with. My view is that these things can be
- 29:37Speaker 6: achieved by getting the people we have or ideally less
- 29:41Speaker 6: ministers and departments to do their job. But I think
- 29:45Speaker 6: what they've identified is that there is a problem in
- 29:49Speaker 6: that too many people don't know what the left hand,
- 29:53Speaker 6: doesn't know what the right hand is doing. When it
- 29:56Speaker 6: comes to the point of view of a cafe or
- 30:00Speaker 6: a restaurant or a food truck or a farmer's market storeholder,
- 30:04Speaker 6: often they'll find that they've got to deal with, in
- 30:07Speaker 6: some cases, half a dozen different agencies. That's mad.
- 30:14Speaker 3: I think people understand that, and I think the substance
- 30:17Speaker 3: of that is right. But just from an optics point
- 30:20Speaker 3: of view, David, you've got this Ministry of Regulation set
- 30:23Speaker 3: up to get rid of regulations recommending a new minister
- 30:26Speaker 3: and a new agency. It's like you talk about the
- 30:29Speaker 3: left hand and the right hand. How many hands do
- 30:31Speaker 3: we need?
- 30:31Speaker 2: Yeah.
- 30:33Speaker 6: We'll end up with an octopus. I think from the
- 30:37Speaker 6: point of view of the Ministry for Regulation, I know
- 30:39Speaker 6: there's people who say, oh, how can you have a
- 30:41Speaker 6: bureaucracy to stop bureaucracy? But in time and again, what
- 30:46Speaker 6: they've proven is that when you have some embattled business
- 30:50Speaker 6: or what we call a regulated party with multiple government
- 30:54Speaker 6: departments regulating them, first of all, they don't know where
- 30:57Speaker 6: to start. And second of all, even if they did,
- 31:01Speaker 6: they're very unlikely to complain because if you're regulated, you
- 31:04Speaker 6: rely on having an easy life and a good relationship.
- 31:08Speaker 3: With your regulator.
- 31:09Speaker 6: You don't really want to tell them, to be honest,
- 31:11Speaker 6: we think you're crap because that means they might start
- 31:13Speaker 6: picking on you.
- 31:15Speaker 3: So if you look at.
- 31:16Speaker 6: Everything from Early childhood education, we've totally flipped over the
- 31:20Speaker 6: way that they're regulated thanks to the MFR going and
- 31:23Speaker 6: talking to literally thousands of people in that sector. Now
- 31:29Speaker 6: we're doing hospitality. In the past, we've done telecommunications. even
- 31:33Speaker 6: just the importation of veterinary medicines and agricultural products. So
- 31:38Speaker 6: that's the power of the Ministry for Regulation. A, you
- 31:42Speaker 6: can talk to them, and B, they're not actually a
- 31:45Speaker 6: regulator themselves, but they can tell the rest of the
- 31:50Speaker 6: government what to do. And this will, without taking that
- 31:55Speaker 6: particular recommendation... This is going to make life a hell
- 31:58Speaker 6: of a lot easier for people just trying to make
- 32:01Speaker 6: a buck in the hospital industry.
- 32:02Speaker 2: All right.
- 32:03Speaker 3: David Seymour, ACT Party leader, Deputy PM and Minister for Regulation.
- 32:08Speaker 3: 8 to 6, Newstalk ZB.
- 32:11Speaker 2: The news you need this morning and the in-depth analysis.
- 32:14Speaker 1: Early edition with Ryan Bridge and Spark for Business.
- 32:18Speaker 2: Technology that keeps business moving. Newstalk ZB.
- 32:22Speaker 3: Six to six on Newstalk ZB. Mike is with you
- 32:24Speaker 3: this morning.
- 32:24Speaker 5: Good to see you back, Ryan.
- 32:26Speaker 3: Great to be back, Mike.
- 32:27Speaker 5: It's only when you get Andrew Dickens you realise how
- 32:30Speaker 5: good you are.
- 32:30Speaker 2: Oh, poor Andrew.
- 32:33Speaker 5: Poor Andrew.
- 32:34Speaker 3: Andrew, thank you for saving the day. What are you
- 32:38Speaker 3: discussing today, Mike?
- 32:39Speaker 5: Well, today I'm going to talk to a man called
- 32:41Speaker 5: Geordie Barrett.
- 32:42Speaker 3: Oh, cool.
- 32:43Speaker 5: Who enjoys throwing a football around. So they're in Washington, actually,
- 32:46Speaker 5: which is interesting because if they said to me to
- 32:49Speaker 5: prepare for a test in Baltimore, would you like to
- 32:51Speaker 5: be in Washington? I'd go Washington because Washington is one
- 32:53Speaker 5: of the great cities of America.
- 32:55Speaker 6: Yeah.
- 32:55Speaker 3: I haven't been. Obviously, you have. A friend of mine
- 32:58Speaker 3: went and said you can rent a bike and just
- 33:01Speaker 3: bike around. Best way to do Washington.
- 33:03Speaker 5: That's probably true, actually. On my iFit at home, one
- 33:07Speaker 5: of the early rides I did, ironically, was Washington on
- 33:11Speaker 5: that exact route. So you can do your different things
- 33:13Speaker 5: on your iFit. And this particular guy was one of
- 33:16Speaker 5: those casual routes, you know, like I go up mountains
- 33:18Speaker 5: and down dales and stuff. But on the Washington one,
- 33:20Speaker 5: you could just go gently around Washington. On the streets.
- 33:22Speaker 5: On the streets of Washington. Look at the monuments. It's fantastic.
- 33:25Speaker 3: Because one day, you know, you won't be able to travel.
- 33:28Speaker 3: You'll be too old. But you can go around the
- 33:30Speaker 3: world on your iFit.
- 33:31Speaker 5: I can go around the world on my iFit.
- 33:33Speaker 3: I thought you had a Peloton thing.
- 33:34Speaker 5: No, no, they're the same thing. I go iFit. I
- 33:37Speaker 5: had iFit before I knew what Peloton was, but they're
- 33:40Speaker 5: the same thing. It's well worth getting if you're into
- 33:42Speaker 5: your fitness.
- 33:43Speaker 3: Do you have a sweat towel?
- 33:44Speaker 5: Oh, yeah, I've got one of those, absolutely.
- 33:46Speaker 3: A little drink bottle?
- 33:47Speaker 5: Yeah, no, I don't do the drink bottle, but I've
- 33:48Speaker 5: got the sweat towel. I've got room for the drink bottle.
- 33:50Speaker 3: Not a camelback?
- 33:52Speaker 5: No, mine's a race machine, and the drink bottle's down
- 33:56Speaker 5: between your legs. You know how they reach down? It's
- 33:58Speaker 5: not on the handlebars. Oh, so you've reached down every
- 34:00Speaker 5: now and then. Well, if I had one, I'd reach
- 34:02Speaker 5: down between my legs, and they'd be all on. But
- 34:04Speaker 5: you don't want to cause yourself an injury with that. Anyway,
- 34:07Speaker 5: so Geordie Barrett on the program, and Sir Peter Beck's
- 34:09Speaker 5: coming in for a chat about his rocket lab and
- 34:13Speaker 5: stuff like that. Do you realise he spends half the cut?
- 34:15Speaker 5: I assumed he was an American.
- 34:17Speaker 3: He is, isn't he?
- 34:18Speaker 7: No.
- 34:18Speaker 5: He still lives at least half the year, if not more, here.
- 34:21Speaker 12: Oh.
- 34:21Speaker 5: Yeah, so it's still very much a New Zealand company,
- 34:23Speaker 5: so he's in as well. I think that sounds like
- 34:25Speaker 5: a pretty good show, Ryan.
- 34:26Speaker 3: Sounds great. Can't beat it.
- 34:29Speaker 5: I don't think so, and the evidence is there to
- 34:31Speaker 5: prove it. Anyway, great to see you back.
- 34:33Speaker 3: Have a fantastic day. Newstalk ZB.
- 34:41Speaker 2: Just keep watching.
- 34:43Speaker 1: For more from Early Edition with Ryan Bridge, listen live
- 34:47Speaker 1: to News Talk ZB from 5 a.m. weekdays or follow
- 34:50Speaker 1: the podcast on iHeartRadio.