Latest / Early Edition with Ryan Bridge / Full Show Podcast: 14 August 2026

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Full Show Podcast: 14 August 2026 · Early Edition with Ryan Bridge

0:00
Speaker 1: The issues, the interviews and the inside. Ryan Bridge on
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Speaker 1: an early edition with Spark for business technology that keeps
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Speaker 1: business moving news talks.
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Speaker 2: It'd be good.
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Speaker 3: Morning, six after fivebles talk to the tourism holding's boss
0:14
Speaker 3: on X version of a Bee Livy this morning. Vincent's
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Speaker 3: in the UK for us. We've got grocery supply costs
0:19
Speaker 3: up and we'll talk about myth and rental homes the
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Speaker 3: agenda prior thefording, the borgas standing in the Middle East
0:26
Speaker 3: and the occupied Wish Bank. Dozens of Palestinian families have
0:29
Speaker 3: been told to leave their homes. This is Israeli forces
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Speaker 3: moved to remove settlers.
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Speaker 4: And I was asleep in the morning, my brother and I.
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Speaker 4: They came in and broke down the door, shouting, open up,
0:41
Speaker 4: opened the door. I asked who is it? They said
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Speaker 4: the army. When they came into the house, I was shot.
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Speaker 4: I had just woken up. They took me inside and
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Speaker 4: said go in there and sit down. I sat down
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Speaker 4: while they searched the house. They asked if there was
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Speaker 4: anyone else in the house besides us, and I told
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Speaker 4: them no. They took us inside and honestly I was surprised.
1:01
Speaker 4: I wasn't expecting it.
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Speaker 3: Bright, Let's go to Japan and Russia's Far East. Actually,
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Speaker 3: who does it belong to? These islands? The Kural islands
1:08
Speaker 3: that disputed? Both of them claim them. Take Ichi from Japan.
1:12
Speaker 3: Not happy with Putin because he's gone for a wee
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Speaker 3: visit there.
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Speaker 5: Regarding President Putin's visit to Etorofu today, the Japanese government
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Speaker 5: has been urging Russia to ensure that no presidential visits
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Speaker 5: to the northern territories take place.
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Speaker 6: In light of Russia's invasion of Ukraine. Japan Russia relations
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Speaker 6: are in a severe situation. Even under these circumstances, Japan
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Speaker 6: has made every possible effort, but the current situation in
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Speaker 6: Japan is viewed sternly.
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Speaker 3: So we told you yesterday that Caroline leve At, Trump's
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Speaker 3: hard nose press secretary is leaving and the race is
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Speaker 3: now on to replace her. She explained why she's going
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Speaker 3: on x.
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Speaker 7: Since she had her second child, she felt in her
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Speaker 7: heart that she can't be the best mom her too
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Speaker 7: young short deserve.
2:01
Speaker 3: Now Trump hasn't named the success, so here's how he
2:04
Speaker 3: described Leavitt.
2:05
Speaker 8: Though she's done a fantastic job. We all love her.
2:08
Speaker 8: She's done a fantastic job. She's another way she canna
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Speaker 8: be nasty and sometimes she has no choice.
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Speaker 3: Now the rumors are the front runner is Trump's former
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Speaker 3: lawyer Elena Hubber, Conservative podcaster Katie Miller also in the mix,
2:24
Speaker 3: and White House Deputy Press Secretary Anna Kelly. My money
2:28
Speaker 3: is on Elena Haber. Why she's beautiful?
2:33
Speaker 1: Views and views you trust to start your day. It's
2:37
Speaker 1: early edition with Ryan Bridge and Spark for Business Technology
2:41
Speaker 1: that keeps business moving.
2:43
Speaker 3: Hughes talks that be and we know Trump likes beautiful woman.
2:45
Speaker 3: There's nothing wrong with that. Nine minutes after five, Hey
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Speaker 3: did you see what happened at Sylvia Park yesterday? High drama,
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Speaker 3: Very sad that somebody was shot, allegedly the person who
2:54
Speaker 3: was running around with this gun that was allegedly stolen
2:58
Speaker 3: from a gun shop. My question is, well, you know,
3:02
Speaker 3: I was listening to one of the witnesses and I
3:04
Speaker 3: thought it was very interesting what this witness had to say.
3:06
Speaker 3: He said, you know, obviously was a bit in shock,
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Speaker 3: shaken up all that stuff, but said scary, but very
3:13
Speaker 3: glad that police were there. I mean, imagine being at
3:16
Speaker 3: the mall and someone's running around with a gun. You
3:18
Speaker 3: don't exactly want them running, do you? He said, It
3:21
Speaker 3: makes you appreciate what the police have to deal with
3:24
Speaker 3: clearly on a day to day basis. I thought that
3:26
Speaker 3: was quite interesting from a witness who was there, because
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Speaker 3: there'll be a lot of you know, navel gazing about this,
3:31
Speaker 3: There'll be a lot of discussion about this. But also,
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Speaker 3: how do you and maybe someone who's more o fai
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Speaker 3: with a gun shop than me because I'm not really
3:40
Speaker 3: but do you walk in there and pick the rifles
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Speaker 3: up off the wall and check them out, and you know,
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Speaker 3: line them up and see her and then wander around
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Speaker 3: the shop with them? Like how does that work? Are
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Speaker 3: they locked up? Do you have to be in a
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Speaker 3: certain area to access them? Could you say, I want
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Speaker 3: to look at that gun, take it off the shelf,
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Speaker 3: and then potentially wander out with it. Also, what about
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Speaker 3: the ammunition? It was talking to Glenn about this just before.
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Speaker 3: What about the ammunition? How would you you presumably wouldn't
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Speaker 3: be given. I suppose you could buy the ammunition along
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Speaker 3: with the gun and then just before paying run out
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Speaker 3: the door. I don't know. And then once you're in
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Speaker 3: a car in a police chase, how do you load
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Speaker 3: the gun. I mean people are asking, you know, was
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Speaker 3: the gun loaded? The fact is, in my mind, does
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Speaker 3: it really matter if the gun's loaded or not. If
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Speaker 3: somebody is running into a shopping mall with a gun.
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Speaker 3: You can't let that happen, can you? And if they're
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Speaker 3: known to you, and if they are running from you,
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Speaker 3: I don't know. Ten after five News Talks they'd be
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Speaker 3: We're going to talk about meth and rental homes. You
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Speaker 3: might remember there was a huge hullaballa about this years
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Speaker 3: ago where it was the level of contamination in a
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Speaker 3: home and the government changed the rules. Peter Gluckman did
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Speaker 3: a big, famous report on it. Well, there's been some
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Speaker 3: new information that someone has gone back and had a
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Speaker 3: look at the data. We're going to talk to them. Next.
5:03
Speaker 1: News TALKSB the Early Edition Full the Show podcast on
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Speaker 1: iHeartRadio powered by Newstalks at B The First Word on
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Speaker 1: the News of the Day, Early Edition with Ryan Bridge
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Speaker 1: and Spark for Business Technology that keeps Business Moving.
5:20
Speaker 3: News Talks AB five point thirteen Morning, Ryan Szzanne Marie.
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Speaker 3: If you point a gun at a police officer, I
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Speaker 3: think you expect bad outcomes. I don't think we know
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Speaker 3: yet whether they he actually pointed the gun at the
5:29
Speaker 3: police officer or not. But as I said, if you're
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Speaker 3: running into a crowded mall with a gun, you know
5:35
Speaker 3: what do we expect will happen very quickly. This is
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Speaker 3: an insurance update for you. IAG is given their results.
5:41
Speaker 3: IAG is the parent company of AMI NZDI state. If
5:44
Speaker 3: you've got your insurance. They're the biggest insurer in the
5:47
Speaker 3: country and their financial results are interesting for a couple
5:50
Speaker 3: of reasons. One their profit is down twenty three percent,
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Speaker 3: even though they say they didn't have as many bad
5:55
Speaker 3: weather events to pay out on as they thought they would,
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Speaker 3: and despite the fact they had eighty thousand new customers.
6:01
Speaker 3: So what's going on? Well, it softer commercial insurance market.
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Speaker 3: That's one reason. Another is the weaker New Zealand dollar.
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Speaker 3: It's fourteen after five. A group of researchers have found
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Speaker 3: that meth contamination is going up and previously exposed properties.
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Speaker 3: They say it all started back in twenty eighteen when
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Speaker 3: the Gluckman Report, remember that increased the minimum acceptable level.
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Speaker 3: The worry is that residents have been unnecessarily exposed to
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Speaker 3: higher levels of myth because of the change. Doctor Muhammad
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Speaker 3: Ifan is the data analytics at Analytics lecturer at Unitech
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Speaker 3: and joins me this morning, Doctor Muhammad, good to have
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Speaker 3: you on the program.
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Speaker 9: Thank you very much for having me.
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Speaker 3: So what exactly is happening that myth levels are going
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Speaker 3: up in homes where they were previously exposed? How do
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Speaker 3: we know that there's not more myth being done in
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Speaker 3: the meantime?
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Speaker 9: Although that's the basic thing to understand that if the
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Speaker 9: contamination level is more, it means that the consumption is small.
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Speaker 9: So there is another institute that's called New Zealand Foundation.
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Speaker 9: It shows that from twenty twenty three to twenty twenty five,
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Speaker 9: the MET consumption only not contamination, the MET consumption has
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Speaker 9: drastically increased, so which means that it's also contaminating the
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Speaker 9: properties as well.
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Speaker 3: Right, so people are doing meth in the properties, so
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Speaker 3: the contamination levels going up correct, Right? So what's new here?
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Speaker 3: What is interesting about this because I mean that makes
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Speaker 3: sense to me if people doing meth in the house
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Speaker 3: then the level would go up.
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Speaker 2: Yes.
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Speaker 9: The interesting thing is over here is the other developed
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Speaker 9: countries such as Australia, US UK, they have a met
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Speaker 9: contamination tashure very very low than New Zealand, So they
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Speaker 9: have a met contamination threashold from zero point five microgram
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Speaker 9: but one hundred centimeter scare to one point five per
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Speaker 9: microgram one hundred centimeters scare rather than New Zealand has
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Speaker 9: fifteen microgram per one hundred and meter scare. The very
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Speaker 9: is this much special which is quite high, can drastically
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Speaker 9: impact the children's health as well, right, and that is
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Speaker 9: that might be pushing the healthcare cost up and making
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Speaker 9: parents lots of parents too much worry about it.
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Speaker 3: What is the level? Does do we know? What is
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Speaker 3: the level that the health people say is okay?
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Speaker 9: There was an institute that was called the Environmental and
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Speaker 9: Science Institute, and now I think they have changed their
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Speaker 9: name to New Zealand for Public Health and Forensic Science Institute.
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Speaker 9: That's a Crown research institute. They mentioned in twenty nineteen
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Speaker 9: that it should be one point five microgram one hundred
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Speaker 9: centimeter scare for a general high use area, while it
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Speaker 9: could be three point eight microgram one hundred centimeter scare
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Speaker 9: for limited use area. So these were the two numbers.
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Speaker 9: They did a quite intensive research and they decomind these two.
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Speaker 3: Okay, interesting stuff. DODR Muhammad EIR fun with US Data
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Speaker 3: Analytics Lectur at UNI Tech. Time is seventeen minutes after five.
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Speaker 3: Ryan Guns and Ammunition. This is on the Sylvie Park situation.
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Speaker 3: This is from Darren. Guns and ammunition are all locked
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Speaker 3: up except air rifle pellets. They will pass you a
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Speaker 3: gun or air rifle to look at, at which time
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Speaker 3: you can run out with it. Ammunition for proper guns
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Speaker 3: won't be handed over until showing a gun license and
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Speaker 3: paid for. Well, that's that's heartening. Ryan. Their first eye
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Speaker 3: witness on ZBCD he heard five to six gun shots.
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Speaker 3: If it's a normal air rifle, it makes almost no
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Speaker 3: sound due to no gunpowder, unless it was a PCP
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Speaker 3: pre charged numatic, which has lost on me. But I
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Speaker 3: heard another witness say they heard three gun shots. It's
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Speaker 3: also possible that all the gunshots that were heard came
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Speaker 3: from police guns. Eighteen after five.
9:55
Speaker 1: News TALKSB the Early Edition full show podcast on I
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Speaker 1: Radio powered by Newstalks at me get ahead of the
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Speaker 1: headlines on Early Edition with Ryan Bridge and Spark for
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Speaker 1: business technology that keeps business moving NEWSTALKSB.
10:13
Speaker 3: It is twenty a half to five. Great to have
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Speaker 3: your company. A lot of talk yesterday about Victoria Short,
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Speaker 3: who is the boss of ASB, the ASB bank boss,
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Speaker 3: and her pay. Here are some things that probably weren't
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Speaker 3: mentioned yesterday because it looked like she earned a whole
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Speaker 3: bunch more money last year than she should have. In
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Speaker 3: the last year than she should have because their profit
10:29
Speaker 3: was down. You would have seen in the result profit
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Speaker 3: down four percent and they had to settle a class
10:35
Speaker 3: action lawsuit. They also had a fine from money launder
10:40
Speaker 3: anti money laundering fine, So you go, why is the
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Speaker 3: pay going up? Actually a pay went down, but she
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Speaker 3: had some awards that were vested during the junior year
10:50
Speaker 3: that were from a previous period they would deferred. So overall, yes,
10:54
Speaker 3: there was more, but the actual remuneration went down. Her
10:59
Speaker 3: statutree remuneration was down seven percent year on year, so
11:03
Speaker 3: she went from a three point seven million to about
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Speaker 3: a three and a half twenty one. After price of
11:09
Speaker 3: groceries might be starting to soften, Supply costs to the
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Speaker 3: groceries went up one point nine percent in June, so
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Speaker 3: they still climbing, but the smallest monthly increased since Feb
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Speaker 3: twenty five. Brad Olsen Infametric's principle economists with us this
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Speaker 3: morning brag, good morning, good morning, thoughts.
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Speaker 10: Well, I mean, effectively, what we're seeing here is that
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Speaker 10: there's a slower pace that's coming through. Part of that, though,
11:32
Speaker 10: is as fuel prices have come back from their highs
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Speaker 10: a couple of months ago. They're not cheap, right, but
11:37
Speaker 10: they are down a bit. Some of the various fuel
11:39
Speaker 10: adjustment factors that companies were putting on because it was
11:43
Speaker 10: so much more expensive to transport goods, including grocery supplies,
11:47
Speaker 10: those are now coming back off the other side, which
11:49
Speaker 10: is one of the reasons you're seeing this less intense
11:52
Speaker 10: of an increase. The worry, I guess, is that we
11:55
Speaker 10: still feel like we're almost in a holding pattern. Things
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Speaker 10: seem to be better at the moment. That's great, eight
12:00
Speaker 10: we still don't know what's going to happen globally, you know,
12:03
Speaker 10: every second of every day, because it does seem to
12:05
Speaker 10: keep changing. And most importantly, we have seen a spike
12:08
Speaker 10: and shipping costs in the last couple of months that
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Speaker 10: we do worry might sort of have a second wave
12:13
Speaker 10: effect eventually, but for now that impact is a whole
12:16
Speaker 10: lot less than we might have been first expecting. That's
12:18
Speaker 10: good enough news for now.
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Speaker 3: I saw the survey come out yesterday for Q three.
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Speaker 3: This is of the forecasters and inflation expectations not quite
12:26
Speaker 3: as high as perhaps they.
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Speaker 10: Thought indeed, and I think sort of a continuation of
12:31
Speaker 10: that theme where things have not been as intense that
12:34
Speaker 10: you haven't seen those fuel prices oil prices hold as
12:37
Speaker 10: high as we might have first fared. Again, it's not
12:40
Speaker 10: that they're good. If you look at some of those
12:42
Speaker 10: inflation expectations, it's not that they're low. It's just that
12:46
Speaker 10: they've come off that sort of immediate spike that we
12:48
Speaker 10: had in the second quarter when we all thought, look,
12:50
Speaker 10: fuel prices were going to remain high for quite a while.
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Speaker 10: And again I don't think anyone's discounting that will never happen.
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Speaker 10: But the central view at the moment, everyone looking through
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Speaker 10: all the information we can try and gather, suggests that
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Speaker 10: things should be less intense going forward. And I guess
13:05
Speaker 10: that the difficulty, right from a household perspective is that
13:08
Speaker 10: it depends a lot on exactly what you're buying. We're
13:11
Speaker 10: still going to see electricity prices that are going to
13:13
Speaker 10: be increasing by a significant amount. When we've looked through
13:17
Speaker 10: our supplier index, we've found that the likes of protein
13:19
Speaker 10: costs continue to go up because there's strong demand for that,
13:22
Speaker 10: but not quite as much supply. What we've also seen though,
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Speaker 10: and one that's we haven't normally seen it looking through
13:28
Speaker 10: these figures is just it's a bit broader. So it's
13:31
Speaker 10: not just food products. Now you're seeing you know, laundry products,
13:35
Speaker 10: the likes of you know, soaps and deodorants. So it
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Speaker 10: does look like maybe less intense, less of a big increase,
13:41
Speaker 10: but more increases across the board.
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Speaker 3: All right, Brad Olson informetric principle economists, It is twenty
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Speaker 3: three after five. I am beyond Brad rights Mike Fuge.
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Speaker 3: Brad just mentioned the energy costs. Electricity costs. I spoke
13:54
Speaker 3: to Mike Fuge this week. He's the contact boss, and
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Speaker 3: he said, because their prices. You know, you get letters
14:00
Speaker 3: from your electricity company and you just want them to
14:03
Speaker 3: go away. The last one you got, if you're a
14:06
Speaker 3: contact customer, said it was eleven or twelve percent increase.
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Speaker 3: He said to me this week that their next increase
14:12
Speaker 3: will be at or below the rate of inflation, which
14:14
Speaker 3: is currently about four percent four point one percent, so
14:17
Speaker 3: you can expect that to at least be coming down
14:19
Speaker 3: even though it's still going up. Now, let's I mentioned
14:23
Speaker 3: the quarterly survey of the Forecaster. This is where they
14:26
Speaker 3: ask all of the brain's trust, the economists, the industry leaders,
14:30
Speaker 3: the forecasters, what do you think is going to happen?
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Speaker 3: So we just heard what will they think? What will
14:34
Speaker 3: happen with inflation growth real production GDP growth? They're picking
14:38
Speaker 3: two point two percent for the one year ahead and
14:41
Speaker 3: two point four percent for the two year horizon. And
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Speaker 3: if you add that to what we heard from SMP
14:47
Speaker 3: this week, remember two point four percent for next year
14:50
Speaker 3: and two point six percent call the one after. Oh,
14:54
Speaker 3: look it's not runaway, but it's certainly not to be
14:57
Speaker 3: scoffed at given where we've been. Twenty five after five
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Speaker 3: News Talks EVB, News TALKSB. It is twenty seven after
15:02
Speaker 3: five on your Friday morning. Great to have your company.
15:05
Speaker 3: Nine two ninety two is the number to text. Now,
15:07
Speaker 3: if you're a centrist voter listening to this, maybe a
15:09
Speaker 3: softer voter, a swing voter in this election, you're right
15:12
Speaker 3: to feel that the whole thing so far feels like
15:15
Speaker 3: a bit of a ruse. You've got the left block
15:17
Speaker 3: and the right block basically going to run campaigns against
15:21
Speaker 3: each other rather than for something else. How do we
15:24
Speaker 3: know this? Last Sunday the NAT's put out their budget
15:26
Speaker 3: responsibility rules. The onesday so far haven't been responsible enough
15:30
Speaker 3: to follow themselves. Their main argument here is basically, at
15:34
Speaker 3: least we'd be better than the other lot, isn't it, Which,
15:37
Speaker 3: if you're worried about debt, is probably true. Labor, on
15:40
Speaker 3: the other hand, is boxing itself into a fiscal corner.
15:42
Speaker 3: Every time Hipkins opens his mouth, the circle gets tighter.
15:48
Speaker 3: If it is to be believed, Hopkins yesterday told me
15:51
Speaker 3: he would resign as Prime Minister before introducing any tax
15:55
Speaker 3: being proposed by the parties who support He would need
15:58
Speaker 3: to form a government, and he'd sooner walk away from
16:01
Speaker 3: any talks, any coalition talks than entertain any of them.
16:05
Speaker 3: So no inheritance tax, no wealth tax, no land tax,
16:08
Speaker 3: no nothing, just Labour's capital gains tax. However, the problem
16:11
Speaker 3: with that tax, remember it relies on three percent growth
16:14
Speaker 3: in house prices every single year to wash its own face.
16:18
Speaker 3: And if that doesn't happen, then what the problem with
16:22
Speaker 3: rolling out every other form of revenue raising while at
16:25
Speaker 3: the same time promising the unions a rollback of Brook
16:27
Speaker 3: van Velden's gender bargaining changes. Means there isn't just the
16:31
Speaker 3: perception of a hole in the books, but an actual
16:34
Speaker 3: stonking big one. I'm told Barbara Edmonds is busy beavering
16:38
Speaker 3: away on the books as we speak. But we'll have
16:41
Speaker 3: to pull a bit of a rabbit out of the
16:42
Speaker 3: hat to wriggle their way out of that one. The
16:45
Speaker 3: basis of this campaign, though, is going to be attack.
16:49
Speaker 3: Mark my words. The big parties are not so much
16:52
Speaker 3: telling us how or why New Zealand will be a
16:55
Speaker 3: better place under their stewardship, but rather why it'd be
16:58
Speaker 3: a disaster under their opponents. Ryan Bridge twenty nine minutes
17:03
Speaker 3: after five Here's I'm going to play you a bit
17:05
Speaker 3: of song and guess which two politicians are behind it.
17:10
Speaker 3: I'll tell you after the news at five point thirty.
17:21
Speaker 3: Who do you think there's two of them? Who do
17:24
Speaker 3: you think they're both from the same party? I'll tell
17:26
Speaker 3: you after news at five thirty. We will also get
17:28
Speaker 3: an update on the Clacton by election. This is farage
17:31
Speaker 3: over in the UK. Vincentce with us Live and we'll
17:34
Speaker 3: look at axe idea for a bid tax, that's not
17:38
Speaker 3: a bid tax. News TALKSB.
17:45
Speaker 1: The Early Edition Full the show podcast on iHeartRadio, Power
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Speaker 1: by NEWSTALKB on your radio and online on iHeartRadio Early
17:55
Speaker 1: Edition with Ryan Bridge and Spark for Business Technology, The
18:00
Speaker 1: Chief's Business Moving News Talks B.
18:03
Speaker 6: Your records tell me.
18:10
Speaker 3: Pretty far away from six News Talks on your Friday morning,
18:13
Speaker 3: we'll talk about the act parties, not a bed tax,
18:15
Speaker 3: bed tax. In a second, Vincent's in the UK for us.
18:18
Speaker 3: Got an update on Faraj and his by election that's
18:20
Speaker 3: happening today over there. Oh by the way, I did
18:23
Speaker 3: say before the break, I would tell you who is
18:26
Speaker 3: performing this on the piano. This is two politicians and
18:29
Speaker 3: I asked you to guess maybe who had the talent.
18:39
Speaker 3: The answer you could probably tell by the voice was
18:41
Speaker 3: Paul Goldsmith, now Minister of eleven Portfolios ten or eleven
18:47
Speaker 3: portfolios And you can play the piano, what can't the
18:50
Speaker 3: guy do? Emma Chatterton was the other MP there, National MP.
18:53
Speaker 3: This is a staffer previously staffer for Stamford and others
18:58
Speaker 3: and now running in Judith seat twenty three minutes away
19:01
Speaker 3: from six. Also, I'm going to change in a second
19:05
Speaker 3: what the busiest airport in the world for passengers is,
19:08
Speaker 3: and it's not probably one that would bring to mind,
19:11
Speaker 3: wouldn't be top of mind. I wouldn't have thought that
19:13
Speaker 3: in a second. But first Callum Procter and Dnedan Calen.
19:16
Speaker 3: Good morning morning, right, what's going on with Benedict Gong.
19:21
Speaker 11: He's been kicked out of another council meeting here. He
19:24
Speaker 11: was removed yesterday after our mayors Sophie Barker raised a
19:27
Speaker 11: point of order over a Facebook post that from On
19:32
Speaker 11: that she considered disrespectful. Following advice from the Councilor's chief executive,
19:36
Speaker 11: Onng was asked to de leak the post and apologize.
19:39
Speaker 11: Onng then says he had edited it, had edited it
19:42
Speaker 11: and would apologize if it meant he was wrongfully removed
19:46
Speaker 11: from the meeting. Then Councilor weather Or clapped when the
19:49
Speaker 11: decision was made to eject him. On was also removed
19:52
Speaker 11: last week, and he was also asked to leave two
19:54
Speaker 11: public events the week before that.
19:57
Speaker 3: How's your weather?
19:59
Speaker 11: Local out to start the day, but it clears to
20:01
Speaker 11: find then low cloud back this evening. Light wines for
20:03
Speaker 11: Toned and the heights today fifteen Good.
20:05
Speaker 3: On you com Thank you, Clears and christ It's morning Claire,
20:07
Speaker 3: good morning. Now we've got a big national event down
20:11
Speaker 3: in christ Church this weekend. Yeah.
20:13
Speaker 7: This is six hundred and forty business and political leaders
20:16
Speaker 7: coming together at this South Island election conference today. Prime
20:20
Speaker 7: Minister Christopher Leuxen will be there, so too will Labour
20:22
Speaker 7: leader Chris Sipkins and Acts David Seymour. This is going
20:26
Speaker 7: to be the largest pre election gathering of business and
20:28
Speaker 7: political people in the South. The idea from the South
20:32
Speaker 7: Island's perspective is that there's a very distinct economy here
20:35
Speaker 7: at distinct geography and very distinct needs. But Business Canterbury
20:39
Speaker 7: has been firm for some time that too often the
20:41
Speaker 7: South Island gets the same generic talking points that play
20:44
Speaker 7: out in Wellington and Auckland. Chief executive Leanne Watson says
20:47
Speaker 7: the aim is to make sure these decision makers front
20:49
Speaker 7: up understand that backing the South is the best way
20:52
Speaker 7: to drive New Zealand's economic prosperity. She says, they'll ask
20:55
Speaker 7: the hard questions and will expect politicians to demonstrate how
20:58
Speaker 7: committed they are to investing here.
21:00
Speaker 3: All right, how's your weather?
21:01
Speaker 7: Low clouds lifting and breaking for a time by afternoons
21:04
Speaker 7: some lights south westerlies and the high should be fifteen nice.
21:07
Speaker 3: One clear, Thank you mex. I'm willing to morning mes,
21:09
Speaker 3: Good morning. People don't like cell phone towers?
21:12
Speaker 12: No, what's new residence in a leafy Wellington suburb of
21:15
Speaker 12: protesting the construction of what they say is an exceptionally
21:18
Speaker 12: ugly large cell tower next to a century old church,
21:22
Speaker 12: Saint Michael's, which they're calling vandalism. This is in Kelbourn,
21:26
Speaker 12: close to the city also where the university is Victoria
21:29
Speaker 12: and an almost fifteen meters spark cell tower and an
21:33
Speaker 12: equipment cabinet on the footpath. So you've got posters going
21:36
Speaker 12: up social media, community meetings. I'm sure fifteen meters for
21:40
Speaker 12: a suburb does seem exceptionally high. Cell tower's certainly been
21:44
Speaker 12: a source spot for communities in recent years, and not
21:47
Speaker 12: because people are going to get ill from five G
21:49
Speaker 12: or something. It's a visual thing. But the current legislation
21:52
Speaker 12: does allow it. And there is an article on the
21:54
Speaker 12: Herald website up and it has a mock up of
21:57
Speaker 12: before and after, and to be honest, I dare say
21:59
Speaker 12: it's not much taller than.
22:00
Speaker 3: The street lights.
22:01
Speaker 12: The protests continue.
22:03
Speaker 3: People will have a way of banner about anything, won't they.
22:06
Speaker 3: So we'll go to the Herald to see that article.
22:08
Speaker 3: And how's the.
22:09
Speaker 12: Weather, Yes, cloudly with late winds fourteenth nice fun.
22:12
Speaker 3: Thank you, Max. Good morning, Neva, good morning, a drama
22:16
Speaker 3: at Hi drama and sadly this guy has been killed.
22:19
Speaker 3: Well he has ended up dead, i should say, at
22:22
Speaker 3: Sylvie Park.
22:23
Speaker 13: Yes, and so look police they're urging witnesses in Auckland
22:27
Speaker 13: to get in touch the man who was on bail
22:30
Speaker 13: stole as we know, an air rifle. It all started
22:33
Speaker 13: from Penroses, gun City early yesterday afternoon, leading to this
22:36
Speaker 13: near hour long police chase. Car was left stranded outside
22:40
Speaker 13: the ball after spikes were deployed, causing him to flee
22:42
Speaker 13: on foot with the weapon. As you say, he was
22:45
Speaker 13: shot dead by officers under a nearby overpass moments later.
22:48
Speaker 13: Superintendent Sunny Betells is they're working out you know, still
22:52
Speaker 13: these investigations will continue, but what actually happened. But he
22:55
Speaker 13: is saying too he wants witnesses, people with mobile phone
22:59
Speaker 13: footage and they would have been few around there. They
23:01
Speaker 13: should get in touch with police today. And obviously you
23:04
Speaker 13: know Patel is also saying they don't know if the
23:06
Speaker 13: ear rifle was loaded or what that man's intent was.
23:10
Speaker 13: So yeah, investigations con ne here is of low cloud
23:13
Speaker 13: or fog lifting this morning though a bumie warm warm
23:16
Speaker 13: eighteen degrees is the heme.
23:18
Speaker 3: It is very warm. Hey, we are celebrating one hundred
23:21
Speaker 3: years of z B tonight tonight, what are you going
23:25
Speaker 3: to wear? Neva, how funny you should says tell by everybody?
23:29
Speaker 3: It is.
23:30
Speaker 13: And it's great that it's a Friday night because the
23:32
Speaker 13: breakfast people we can stay awake until lost.
23:34
Speaker 3: Ap for a hundred years to come.
23:36
Speaker 13: Yes, there's going to be lots of fancy dresses and color. No,
23:39
Speaker 13: I don't want to tell you. I'm just gonna surprise
23:40
Speaker 13: you on.
23:43
Speaker 3: The sir, tell us.
23:46
Speaker 13: Lovely long dress. That's all I'm going to say.
23:49
Speaker 3: What about you? What are you wearing?
23:51
Speaker 9: Oh?
23:51
Speaker 13: Sorry, what are you wearing?
23:58
Speaker 3: It is eighteen the sex and news talk said news
24:00
Speaker 3: talks there'd b it is quartered to six. We'll get
24:02
Speaker 3: to Vincent Macaviney out of the UK in just a
24:04
Speaker 3: few seconds. But if I said to you, where is
24:06
Speaker 3: the busiest airport right now in the world for passengers,
24:09
Speaker 3: would you necessarily guess South Korea. Well, that's where it is,
24:12
Speaker 3: and this is largely they are the benefactor of what's
24:15
Speaker 3: going on in the Middle East. So planes aren't going
24:18
Speaker 3: up or down through the Middle East, they're going through Asia.
24:22
Speaker 3: Inchin Airport, it's about fifty k's west of Seoul, had
24:26
Speaker 3: thirty eight point thirty nine million international passengers in the
24:30
Speaker 3: first half of this year. Massive and if you look
24:33
Speaker 3: at number two he thrown the UK, you might expect
24:35
Speaker 3: that thirty seven point seven nine million, Changy Singapore thirty
24:40
Speaker 3: four point five to three million. First time that Inchtin
24:44
Speaker 3: has tappt the international passions of rankings since opening. It
24:46
Speaker 3: was opened in two thousand and one. It was tenth
24:49
Speaker 3: in the world in two thousand and two, fifth in
24:51
Speaker 3: twenty eighteen, and then third in twenty four and twenty five.
24:56
Speaker 1: International correspondence with ends and eye Insurance Peace of for
25:00
Speaker 1: New Zealand Business time.
25:03
Speaker 3: Is fourteen away from six on these talks in Bevins
25:05
Speaker 3: at maka Any our UK europe correspondent getting hot again.
25:10
Speaker 14: Yeah, the fifth heat wave of the year here in
25:12
Speaker 14: the UK, and we've had the hottest day of the
25:14
Speaker 14: year recorded thirty one point eight degrees Celsius in Kew
25:19
Speaker 14: Gardens in London. It is now the fifth hottest day
25:21
Speaker 14: we've ever experienced in Britain since records began, and it's
25:25
Speaker 14: putting a real strain on emergency services. We've had air
25:29
Speaker 14: accident and emergencies, emergency rooms across the country saying that
25:33
Speaker 14: they're at maximum capacity. A lot of care homes obviously
25:36
Speaker 14: struggling with the heat. There's not that much air conditioning here,
25:38
Speaker 14: but a lot of questions about whether we need to
25:40
Speaker 14: be better at adapting to our new more extreme temperatures.
25:44
Speaker 14: Because Europe is a continent now is hotting up more
25:47
Speaker 14: quickly than anywhere else in the world.
25:49
Speaker 3: Speaking of hotting up the rice between Farage and count
25:53
Speaker 3: Binface and Clacton.
25:56
Speaker 14: Yeah, that's right. This by election taking place today. There
26:00
Speaker 14: are some thirty six candidates. The ballot paper is the
26:03
Speaker 14: longest ever printed. It's about three foot long. So good
26:07
Speaker 14: luck to those counting those overnight at a sports center
26:10
Speaker 14: in Clacton upon Sea. What is likely is that Nigel
26:13
Speaker 14: Farrage will win. But then we now believe that his
26:16
Speaker 14: advisors misled him, got the details wrong. They thought if
26:20
Speaker 14: he triggered the by election it would mean that the
26:23
Speaker 14: investigation into some dodgy money that allegedly went his way
26:27
Speaker 14: would sort of disappear, wouldn't come back. But in fact
26:30
Speaker 14: that investigation has merely been paused by parliamentary authorities. Once
26:33
Speaker 14: he wins and is sworn back in, it will just continue.
26:37
Speaker 14: And that could mean that if he is found to
26:40
Speaker 14: have breached the rules and is suspended from the Commons
26:43
Speaker 14: for a set period, the voters in his constituency, I
26:46
Speaker 14: enough of them put in a petition for recall, then
26:50
Speaker 14: we will be right back to the start and there'll
26:52
Speaker 14: be another by election. And in that one the main
26:55
Speaker 14: parties so Labor, the Conservatives, the Liberal Democrats, the Green Party,
27:00
Speaker 14: they all will run against him in that one. So
27:02
Speaker 14: he could be safe for now but be in danger
27:05
Speaker 14: of losing his seat in just a few weeks time.
27:07
Speaker 3: Vintermackaviny, good to have you on the show as always
27:09
Speaker 3: our UK. You're a correspondent twelve away from six Ryan Bridge.
27:13
Speaker 3: Act reckons it's got a better alternative to the bed tax.
27:16
Speaker 3: The bed tax that National's probably going to campaign and
27:18
Speaker 3: they've done work in government. They've done a bit of
27:20
Speaker 3: a deal with Wayne Brown about one well. Act wants
27:24
Speaker 3: a one dollar local tourism dividend for every guest night
27:28
Speaker 3: paid to councils from existing government revenue, so you're not
27:30
Speaker 3: adding more taxes. The cost about forty million a year.
27:34
Speaker 3: Auckland we get eight point two, Queenstown four point nine.
27:37
Speaker 3: Or to do a two grant Webster tourism holdings limits
27:40
Speaker 3: A chief executive with me this morning, Grant, Good morning,
27:43
Speaker 3: good morning. What do you think of this?
27:46
Speaker 2: Look caveat there is You've got to get into the
27:50
Speaker 2: numbers in a little bit more detail and understand it.
27:52
Speaker 2: But philosophically, personally, I think simple tax systems are great.
27:58
Speaker 2: The problem here is it's not going to serve the itch.
28:02
Speaker 2: It's just not big enough. So if it was five
28:06
Speaker 2: ten times what they're talking about, that would address the issue.
28:10
Speaker 2: So my fear is that, fine, let's do this. It's
28:13
Speaker 2: not going to take the bad tax issue off the table.
28:16
Speaker 3: Because they need a lot more than what this and
28:18
Speaker 3: forty million a years are dropping them in the ocean,
28:20
Speaker 3: isn't it? But he's absolutely But the reasoning behind what
28:24
Speaker 3: Seemol's getting at here is right. Isn't it that you
28:26
Speaker 3: complicate things, You add taxes, you create more work, you
28:30
Speaker 3: get more bureaucrats, you start administering things. You don't want
28:34
Speaker 3: to add more layers to the system.
28:37
Speaker 2: So again from a very personal perspective, I agree with
28:40
Speaker 2: you wholeheartedly. And the industry has been asking for some
28:45
Speaker 2: kind of dividend from the enormous amount of GST that
28:48
Speaker 2: it contributes for decades and it just hasn't arrived. So
28:52
Speaker 2: the industry has said, well, come on, we've got to
28:54
Speaker 2: fix this funding issue. Let's look at something like okay
28:57
Speaker 2: at national level, or a big tax or something in
28:59
Speaker 2: that space which does impact us as an industry, just
29:03
Speaker 2: to try and get the right result, as I say,
29:06
Speaker 2: right philosophy, but just too small.
29:09
Speaker 3: Are we getting? You know, we've had a bunch of
29:11
Speaker 3: announcements recently about new toilets going and McKenzie new toilets
29:15
Speaker 3: going in Queenstown Lakes. Is there from that visitor levy,
29:19
Speaker 3: is the money being spent in the right places? And
29:21
Speaker 3: is there enough of it being done at the moment.
29:25
Speaker 2: There's a lot more that needs to be done. I mean,
29:27
Speaker 2: I think when Queenstown raised the issues of the impact
29:30
Speaker 2: of tourism on their broad infrastructure, I think that's right,
29:34
Speaker 2: And the industry does contribute such an amount through that
29:37
Speaker 2: GST contribution, so we need more. Look what's being spent
29:42
Speaker 2: is in good areas, it's good things. We've just got
29:44
Speaker 2: to accelerate it. All good stuff.
29:47
Speaker 3: Grant Webster Tourism Holdings Limited Chief executive time is nine
29:51
Speaker 3: minutes away from Sex by the way over in Australia,
29:53
Speaker 3: you know we've been following Charmers and Elbows budget back
29:56
Speaker 3: in May, and what's happening to the house prices there?
29:59
Speaker 3: So the economists of saying if property slump there of
30:02
Speaker 3: more than fifteen percent are going backwards, fifteen percent or
30:05
Speaker 3: more could trigger a recession in the lucky country. And
30:09
Speaker 3: if you have a look this week AMZ has put
30:11
Speaker 3: out the revised their forecast for house prices. They reckon
30:14
Speaker 3: that Capital city home prices would fall ten percent from
30:18
Speaker 3: peak to trough in the current slump, so you're almost
30:22
Speaker 3: at fifteen Sydney would be down fourteen and a half percent.
30:26
Speaker 3: This is their prediction for right now. Melbourne down twelve
30:29
Speaker 3: point eight almost thirteen percent. So you add the negative
30:33
Speaker 3: gearing stuff the capital gains tax changes that Charmers and
30:36
Speaker 3: Elbow put in in May. But they reckon that fifteen
30:40
Speaker 3: percent is your unlucky number. Anything more than that, you're
30:44
Speaker 3: in recession. News TALKSB before the news breaks.
30:48
Speaker 1: Here it first Ryan Bridge on early edition with Spark
30:51
Speaker 1: for business Technology that keeps business moving.
30:54
Speaker 3: News Talks FB six away from six NEWSTROALKSB. South Korea
30:58
Speaker 3: going full ball again. This is the share price thanks
31:01
Speaker 3: to Samsung, thanks to sk Heinex. They are back into
31:05
Speaker 3: bull territory. The COSPI Index up four percent. This is
31:09
Speaker 3: the semiconductor firm. So when the big tech companies throw
31:11
Speaker 3: a bunch of money into it, then the hardware companies
31:14
Speaker 3: do well and South Korea is the beneficiary of that.
31:17
Speaker 3: Mike is in the studio. Good morning, Mike, Joy to
31:19
Speaker 3: see you.
31:20
Speaker 1: Ryan.
31:20
Speaker 3: Have you seen the numbers on Colin University entrance and
31:24
Speaker 3: the A level results out of the UK for the
31:26
Speaker 3: students They just released them today and it's the first
31:30
Speaker 3: cohort that had their entire secondary study affected by the
31:34
Speaker 3: pandemic And basically they're still doing okay.
31:38
Speaker 15: Well, they're doing okay. I suspect because everyone passes.
31:42
Speaker 3: This is the thing. So you know everyone ten percent
31:46
Speaker 3: get an A or whatever, an A plus and that's
31:49
Speaker 3: the same, but has the bar being lowered. How will
31:52
Speaker 3: you ever really know?
31:53
Speaker 15: Well, it got lowered here. To remember, we had kids
31:56
Speaker 15: at school at the time. Our kids were in the
31:58
Speaker 15: middle of COVID schooling. And so if there's a generation
32:02
Speaker 15: that has been ruined by the COVID approach in this country,
32:05
Speaker 15: they are written that will be the same in Britain
32:07
Speaker 15: because the lockdowns were not dissimilar there than they were here.
32:10
Speaker 3: And when, but when do we actually see it as
32:12
Speaker 3: a society? When do you go a lot dumber than
32:14
Speaker 3: we were? It's a very good question.
32:15
Speaker 15: Well, I don't know that you will ever be able
32:17
Speaker 15: to ascertain that, because I mean, you look at me,
32:19
Speaker 15: so I got school certain U barely. So do you
32:22
Speaker 15: look at me and think there's a dummy?
32:24
Speaker 3: Sometimes? Yeah? So, but but you.
32:26
Speaker 15: Would think you would think that whether you knew my
32:28
Speaker 15: qualifications or not, would you? So for example, one of
32:32
Speaker 15: our kids is a doctor, so she's a practicing doctor.
32:35
Speaker 15: So did she get affected by all you know what
32:40
Speaker 15: I mean? And what one's in London working for a
32:42
Speaker 15: major consultancy firm, So did they get affected by COVID
32:46
Speaker 15: or where they see what I'm saying. So the answer is,
32:48
Speaker 15: I don't think you'll ever know, and that's that's the
32:50
Speaker 15: great question around school and things like that. But they
32:52
Speaker 15: drop the standards.
32:53
Speaker 3: What are you going to wear tonight to a formal?
32:57
Speaker 3: I will wear something that will catch the eye. I'm
33:00
Speaker 3: expecting a little shimmer in the top top somewhere.
33:03
Speaker 15: It's that I will wear something that will be in
33:06
Speaker 15: disputably expensive, and I will wear something that most people
33:12
Speaker 15: will just quietly in the room go bloody, that's not
33:16
Speaker 15: it looks all right.
33:16
Speaker 3: What do you think I'll be wearing?
33:18
Speaker 10: Not that.
33:20
Speaker 15: I think you work your tan coat a lot.
33:23
Speaker 3: Yeah, but you can't wear a tan coat to a
33:25
Speaker 3: cocktail party. Well, I don't know, to be appropriate.
33:27
Speaker 15: Have you got a cocktail outfit?
33:29
Speaker 3: I'm getting one today?
33:30
Speaker 15: You're getting an outfit? How exciting? What which rental company?
33:36
Speaker 8: You know?
33:37
Speaker 3: You know it'll be from my sponsor's ren brand.
33:40
Speaker 15: As you go. My good to have a sponsor.
33:45
Speaker 3: So I know I'll look fantastic, you'll look amazed and
33:47
Speaker 3: good on you.
33:48
Speaker 15: Well, I'll look forward to your company tonight.
33:49
Speaker 3: We'll do happy one hundred years to ZB and thank
33:54
Speaker 3: you for listening. Mike's Next.
34:05
Speaker 1: For more from Early Edition with Ryan Bridge, listen live
34:08
Speaker 1: to news Talks it be from five am weekdays, or
34:11
Speaker 1: follow the podcast on iHeartRadio.