Latest / Early Edition with Ryan Bridge / Full Show Podcast: 19 September 2025
Transcript
- 0:01Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
- 0:05Speaker 1: Earli Initia with one roof love where you live, news talks,
- 0:09Speaker 1: there'd be.
- 0:10Speaker 2: Good morning, Welcome to Friday. The calls for Willis and
- 0:13Speaker 2: Luxurn now to resign. We'll look at those, The shocker
- 0:16Speaker 2: Q two number, the black Ferns, Georgia Miller, the mystery injury,
- 0:19Speaker 2: mystery no more. We're in the UK with Trump and
- 0:22Speaker 2: Starmer and Mark Mitchell joins the program on the ankle
- 0:25Speaker 2: bracelet's go and walk about when they shouldn't. The agenda
- 0:30Speaker 2: it is Friday, the nineteenth of September. Trump and Starmer
- 0:33Speaker 2: of how to joint press this after the state visit.
- 0:35Speaker 2: During the state visits, and Trump has some advice to
- 0:38Speaker 2: Starmer on the border control.
- 0:40Speaker 3: I told the Prime Minis Teroe would stop it.
- 0:42Speaker 2: And it doesn't matter if you call out the military.
- 0:45Speaker 3: It doesn't matter what means you use.
- 0:47Speaker 4: But it's going to destroy it destroys countries from within.
- 0:52Speaker 1: Right.
- 0:52Speaker 2: They've also signed a tech deal. This is AI quantum computing,
- 0:55Speaker 2: nuclear power and big text piling and Microsoft dropping twenty
- 0:59Speaker 2: two billion pounds into the UK, biggest spend outside of America.
- 1:03Speaker 2: Google five billion for II research in Vidia five hundred
- 1:07Speaker 2: million pounds for new data centers.
- 1:09Speaker 3: Two one hundred and fifty billion pounds flowing both ways
- 1:13Speaker 3: across the Atlantic. That is a record expected to create
- 1:17Speaker 3: fifteen thousand jobs here in the United Kingdom, high skilled
- 1:21Speaker 3: jobs in cutting edge sectors where people can build careers
- 1:26Speaker 3: for the long term.
- 1:27Speaker 2: Back how I'm green and p Benjamin Doyle's gone, but
- 1:29Speaker 2: not before this.
- 1:31Speaker 5: I did not come here on my terms. I was
- 1:34Speaker 5: summoned under difficult and unexpected circumstances, but I accepted that call. Today, however,
- 1:43Speaker 5: I leave by choice, not because I want to, but
- 1:47Speaker 5: because I have chosen to put my child first.
- 1:54Speaker 1: Views and views you trust. To start your day, It's
- 1:57Speaker 1: early edition with Ryan Bridge roof love where you live?
- 2:02Speaker 2: News talks. He'd be so Dan as one of the greats,
- 2:04Speaker 2: won't they right? Eight minutes after five news talks, he'd
- 2:06Speaker 2: b I see that in the Herald this morning, Matthew
- 2:09Speaker 2: Howson unsurprisingly is piling on and saying, yes, this is
- 2:13Speaker 2: time for Luxe and to go. I'll read you just
- 2:16Speaker 2: a little bit, he says, no other option now. The
- 2:20Speaker 2: disastrous GDP result reveals Christopher Luxe has failed and what
- 2:24Speaker 2: voters say the most important part of his job is
- 2:27Speaker 2: I think his resignation is now the only sure way
- 2:30Speaker 2: to avoid the catastrophe of a labor green government reliant
- 2:33Speaker 2: on to party. Marti, I think he's wrong. We'll talk
- 2:35Speaker 2: about that a little later in the program. Keen to
- 2:37Speaker 2: hear your thoughts. Nine two ninety two is the number
- 2:39Speaker 2: to text eight minutes after five. Now to the US,
- 2:42Speaker 2: this Jimmy Kimmel business is nuts. I reckon, Have you
- 2:46Speaker 2: caught up with this? The right is now as guilty
- 2:49Speaker 2: as the left on cancel culture. They all need to
- 2:52Speaker 2: check themselves. Here's what he actually said on his show.
- 2:55Speaker 6: We had some new lows over the weekend with the
- 2:58Speaker 6: Maga gang desperately trying character to rise this kid who
- 3:01Speaker 6: murdered Charlie Kirk as anything other than one of them,
- 3:04Speaker 6: and everything they can to score political points from it.
- 3:08Speaker 2: Okay, did he incite violence? No? Did he call for
- 3:10Speaker 2: civil war?
- 3:11Speaker 7: No?
- 3:11Speaker 2: Did he threaten harm to anyone?
- 3:13Speaker 8: No?
- 3:13Speaker 2: Was it insensitive? Yes, because someone's just died. But that's
- 3:17Speaker 2: no reason to cancel Somebody canceling a talk show host
- 3:20Speaker 2: for talking is bonkers.
- 3:22Speaker 6: This is the ultimate in cancel culture.
- 3:25Speaker 9: We're losing our our first Amendment rates it's freedom of.
- 3:28Speaker 2: Speech can canceled.
- 3:33Speaker 10: To me, that's bizarre.
- 3:35Speaker 11: It's fine if you don't like these comedians, and it's
- 3:37Speaker 11: fine if you don't like.
- 3:38Speaker 6: These shows, but what if you say something that someone
- 3:44Speaker 6: doesn't like.
- 3:45Speaker 2: If anything, it might teach the far left the value
- 3:48Speaker 2: of free speech. You know, it's usually them that call
- 3:50Speaker 2: for the sackings, of course, but the far right, if
- 3:54Speaker 2: that's what they want to be called, should be equally
- 3:56Speaker 2: ashamed here. The more we cancel people, the less we listen,
- 3:59Speaker 2: the more divided we become. Ryan Bridge, just gone ten
- 4:04Speaker 2: after five nine two ninety two is the number to text.
- 4:07Speaker 2: We'd love to hear from you this morning. Now we
- 4:08Speaker 2: will get to Vincent mcavinie in the UK Europe. That's
- 4:11Speaker 2: around quarter to six this morning for the latest on
- 4:13Speaker 2: Trump and Starmer. Next though, we're going to Mark Mitchell
- 4:16Speaker 2: corrections Minister. Why Well, you know when you get a
- 4:19Speaker 2: little ankle bracelet instead of going to jail, you get
- 4:21Speaker 2: an ankle bracelet, and they say go home and be
- 4:23Speaker 2: a good boy or girl and stay there. Well they're not.
- 4:27Speaker 2: That's next.
- 4:31Speaker 1: The news you need this morning and the in depth
- 4:33Speaker 1: analysis Early edition with Ryan Bridge and one Root Love
- 4:38Speaker 1: where you live news talks a'd be Brian.
- 4:40Speaker 2: I think Nikola Willis needs to go because she's simply
- 4:43Speaker 2: out of her depth and you could see it yesterday
- 4:45Speaker 2: twelve after five. I'll give you the new SEAK employment
- 4:47Speaker 2: numbers shortly. First, if you've seen more people out with
- 4:50Speaker 2: the corrections ankle bracelets on lately, we know why. Ankle
- 4:54Speaker 2: monitor escapes have increased from sixty four and twenty fifteen
- 4:58Speaker 2: to more than eight hundred an in the last year.
- 5:01Speaker 2: The number of electronic monitoring is also up through the
- 5:04Speaker 2: roof though, from twelve hundred to six thousand, so there's
- 5:07Speaker 2: some context. Mark Mitch was the Corrections minister with us
- 5:09Speaker 2: this morning. Minister, good morning, Hey, good morning, Ryan. You're
- 5:12Speaker 2: still back in your finance minister. You know you're prime Minister.
- 5:16Speaker 2: What do you think of these calls for them to resign?
- 5:19Speaker 8: No hand Per said, I'd bet them. I mean, you know,
- 5:21Speaker 8: this is my second round in government. Is an actual
- 5:24Speaker 8: government and like the first time around, we had we
- 5:27Speaker 8: inherited a roup port economy and some real issues in
- 5:30Speaker 8: the economy, and it took us a while. We turned
- 5:32Speaker 8: it around, and I don't know if you've meant it.
- 5:33Speaker 8: But it used to be called the rock star economy.
- 5:35Speaker 8: This time around we inherited a much bigger problem and
- 5:39Speaker 8: it's going to take a bit of time to turn around.
- 5:41Speaker 8: The Finance minister is doing the outstanding job.
- 5:44Speaker 2: And so as the promise, would you call negative point
- 5:47Speaker 2: nine outstanding?
- 5:49Speaker 8: Well, like I said to you, there's some there's definitely
- 5:52Speaker 8: a few head ons there. There's no doubt about that.
- 5:54Speaker 8: There was some good growth before the negative point nine.
- 5:58Speaker 8: And like I just sit to you, we last time
- 6:00Speaker 8: I was in government and was nationally here John t
- 6:04Speaker 8: in Bill English, we inherited really big problems from.
- 6:06Speaker 2: The labor government.
- 6:07Speaker 8: This is this political cycle we seen to happen. It
- 6:10Speaker 8: seems to happen as that labor comes in, they throw money,
- 6:12Speaker 8: were nothing gets delivered. They reach up huge debt for us.
- 6:16Speaker 8: I mean we're paying angrily about eight nine billion dollars ten.
- 6:22Speaker 2: All right, so just stick to the plan, stick.
- 6:25Speaker 8: Run the police force four times over on now.
- 6:27Speaker 2: Stick to the plan, stick to the script. All right, minister,
- 6:30Speaker 2: Let's talk about this electronic monitoring. So in twenty fifteen
- 6:33Speaker 2: in percentage increase becomes important because there's been an increase
- 6:37Speaker 2: in those who were getting electronic monitoring. Right, So twenty
- 6:41Speaker 2: fifteen it was five percent, twenty twenty five is absconding
- 6:44Speaker 2: is now fourteen percent? So what how did that happen?
- 6:50Speaker 8: Okay, well, you've got different numbers. I've I've got eleven percent,
- 6:53Speaker 8: but it's actually dropped significantly. They're doing equations are quite
- 6:58Speaker 8: quite SI, we're doing out standing job. Yes, to number
- 7:01Speaker 8: of people on electronic bail has increased, you know, it's
- 7:06Speaker 8: getting up towards thirty zerousand. The reason for that is
- 7:10Speaker 8: because there we're now wrapping consequences. Well, we want consequences
- 7:15Speaker 8: to actually that's the serious of the offense. And I've
- 7:16Speaker 8: also we've also had to deal with a massive increase
- 7:19Speaker 8: of people coming into the correction system that's so prioritizing
- 7:23Speaker 8: public safety.
- 7:24Speaker 2: So I've got here from newstalks. There be as a
- 7:26Speaker 2: proportion of individuals on electronically monitored bail, the absconding rate
- 7:30Speaker 2: increased from five percent to fourteen percent. Is that wrong?
- 7:35Speaker 8: Has gone from what twenty fifteen to eleven percent? Is
- 7:39Speaker 8: a thirty one July twenty twenty five.
- 7:41Speaker 2: Okay, so eleven percent or fourteen percent that's gone up?
- 7:45Speaker 8: Yeah, So yeah, So when it's actually coming down. So
- 7:49Speaker 8: if you look at what they're doing, it's actually starting
- 7:51Speaker 8: to come down. But then it's quite that basically Ryan
- 7:55Speaker 8: that there has been a big increase in people on
- 7:58Speaker 8: electronic bail, more than we would have liked because what
- 8:00Speaker 8: was happening is we wore there's people getting electroc bail
- 8:03Speaker 8: that we thought should literally be in prison. So that's
- 8:05Speaker 8: why we've made changes changed to the what.
- 8:08Speaker 2: Does absconding mean you like it is that cutting the.
- 8:11Speaker 8: Brace means basically, what it means is just not complying
- 8:16Speaker 8: with the orders that are in place. So Corrections have
- 8:20Speaker 8: got teams are working twenty four seven that are mooriforing
- 8:23Speaker 8: that they work very closely with the police. They informed
- 8:25Speaker 8: the police when someone breaches there electroc bail and the
- 8:28Speaker 8: police take exture on that. And that's why you start
- 8:30Speaker 8: to see our reduction as well as because you know
- 8:32Speaker 8: we are as the incoming government. We've been very clear
- 8:35Speaker 8: that there's going to be consequences that match, you know,
- 8:38Speaker 8: the serious.
- 8:39Speaker 2: Just how can you say it's coming down when the
- 8:41Speaker 2: rate's gone from five percent to that's eleven or fourteen,
- 8:45Speaker 2: that's going up, isn't it?
- 8:47Speaker 8: Well, No, no, because if you look at if you
- 8:49Speaker 8: look at twenty nineteen, it was nineteen percent, twenty twenty
- 8:54Speaker 8: seventeen percent, twenty twenty one to sixteen percent, twenty twenty
- 8:57Speaker 8: two fifteen percent, twenty twenty three, twenty twenty.
- 9:01Speaker 2: Four, fourteen.
- 9:04Speaker 8: To July twenty five eleven. Gotcha, So in the last
- 9:08Speaker 8: two years it's coming down.
- 9:09Speaker 2: All right, minister, appreciate your time. Mark Mitchell is the corrections. Minister,
- 9:13Speaker 2: time is seventeen after five, lots of your text to
- 9:15Speaker 2: get to next and we'll talk black ferns and that
- 9:18Speaker 2: injury for Georgia Miller. News Talk said B.
- 9:21Speaker 1: The first word on the News of the Day early
- 9:24Speaker 1: edition with Ryan Bridge and one roofe love where you live.
- 9:28Speaker 1: News Talk said B.
- 9:29Speaker 2: It is five nineteen Ryan, for goodness sake, it's the
- 9:32Speaker 2: Reserve Bank that needs to be held to account. Remember
- 9:35Speaker 2: they are independent, says Die morning. Ryan. We have a
- 9:38Speaker 2: saying on the farm. You have one bad year, it
- 9:40Speaker 2: puts you back five. These people that criticize this is
- 9:43Speaker 2: the people calling for the resignation of Luxon and Willis
- 9:47Speaker 2: or Willis. The people that criticize have bugger all understanding
- 9:51Speaker 2: of the economy. Chairs Hamish Hamish. Good morning to you.
- 9:53Speaker 2: It's just gone twenty after five and Ryan Bred share
- 9:56Speaker 2: my views with you on that in just a second.
- 9:58Speaker 2: First women's rugby the any final time is tomorrow's six am.
- 10:02Speaker 2: The Black Ferns, unbeaten against Spain, Japan, Ireland and South
- 10:06Speaker 2: Africa now take on second ranked Canada. Big chat is
- 10:10Speaker 2: about that injury to Georgia Miller. Ricky s fanelle Is
- 10:12Speaker 2: Skysport commentated with us this morning. Ricky, good morning morning
- 10:16Speaker 2: to hear Ryan. How are you very good? Thank you
- 10:18Speaker 2: Georgia Miller. I see there was there was apparently a
- 10:21Speaker 2: post put up by a New Zealand rugby contractor that
- 10:23Speaker 2: said it was a hamstring injury that was taken down
- 10:26Speaker 2: or edited or something. Do we know what's going on here?
- 10:29Speaker 8: Yeah?
- 10:30Speaker 12: Look I think probably a mountain has been made out
- 10:32Speaker 12: of a Molehillowey, but with this one it probably not
- 10:35Speaker 12: helped by this sort of the wording around it. From
- 10:38Speaker 12: my understanding, it's not a major injury, but it's obviously
- 10:41Speaker 12: enough to keep her out of a Rugby World Cup
- 10:43Speaker 12: semi final, which as we know, is a really unfortunate
- 10:46Speaker 12: for her as a person and a player, but for
- 10:48Speaker 12: New Zealand because she's I mean, she's a once in
- 10:51Speaker 12: a generation player, Georgia Miller on them. The bright side though,
- 10:55Speaker 12: her replacement Kennedy took awaf who is not a bad
- 10:57Speaker 12: player to be fish. He's very, very handy. I think
- 11:00Speaker 12: was one of the best in Super rugby. And it
- 11:02Speaker 12: also means Leila Sati can come on to the bench
- 11:04Speaker 12: bench and she's had an outstanding tournament, so you know,
- 11:07Speaker 12: it gives the Black fans options. Yes, it is a
- 11:09Speaker 12: massive loss. Georgia is absolutely incredible. Fingers crossed if they
- 11:14Speaker 12: do go through that she would be available for a
- 11:17Speaker 12: potential final next week. As I understand, the injury isn't
- 11:21Speaker 12: a major and that's the case. But yeah, I guess
- 11:24Speaker 12: it's you know, for the Black Ferns and for Kenny
- 11:26Speaker 12: tok go off in particular, it's like, right, go out,
- 11:28Speaker 12: job done, and go out.
- 11:30Speaker 2: And do that job. And Canada, how have they been
- 11:33Speaker 2: performing so far in the competition and what do we
- 11:35Speaker 2: need to look out for most.
- 11:38Speaker 12: They've been outstanding. I think they've been the best team
- 11:40Speaker 12: in the competition. They played the best forty minutes of
- 11:43Speaker 12: any side in the first half against Australia last week.
- 11:46Speaker 12: They beat the Black Ferns last year, they drew with
- 11:48Speaker 12: them in May this year. They played very similar style
- 11:51Speaker 12: to New Zealand. They will they will want to play,
- 11:53Speaker 12: they want to run, they play really fast, but they
- 11:55Speaker 12: can be physical as well. So it is a superb matchup.
- 12:00Speaker 12: We've got Olympic silver medalists in their team, players who've
- 12:02Speaker 12: been on the.
- 12:02Speaker 2: Big stage that you know.
- 12:05Speaker 12: To me, it is the best match of the tournament
- 12:07Speaker 12: on paper at least looks like the wead is going
- 12:09Speaker 12: to be nice and dry for both teams too, so
- 12:12Speaker 12: that'll be a factor giving them that opportunity to run
- 12:15Speaker 12: and to rarely play. So it should be an absolute
- 12:18Speaker 12: belter and perfect time at six am on a Saturday
- 12:20Speaker 12: morning in New Zealand as well. That's that's a bacon
- 12:22Speaker 12: and eggs bricky, if ever there was one frigant.
- 12:25Speaker 2: We look forward to it. Ricky. Thank you, Ricky sonel
- 12:27Speaker 2: Skysport commentator. The game is tomorrow six o'clock Black Ferns,
- 12:31Speaker 2: be candidate. It's twenty two minutes after five.
- 12:35Speaker 8: Right.
- 12:35Speaker 2: Here's the good news for you this morning. Because we
- 12:37Speaker 2: have the shaker from Q two. We've had flat jobs
- 12:40Speaker 2: numbers from the Sikh New Zealand employment report from basically
- 12:44Speaker 2: October last year until May, and finally their August report
- 12:48Speaker 2: brings some good news and it is clear signs of
- 12:52Speaker 2: hiring activity picking up. So you know, here's a bright
- 12:55Speaker 2: spot for you. Volumes are up one percent month on
- 12:59Speaker 2: month and the prior two months they have been adjusted
- 13:02Speaker 2: up as well, so one percent increases respectively. Annual growth
- 13:07Speaker 2: now up four percent, first time that job abs have
- 13:11Speaker 2: grown year on year since November of twenty twenty two.
- 13:14Speaker 2: Applications are up two percent in July. That's a new
- 13:18Speaker 2: record high solid growth in the big industries Manufacturing, transport
- 13:22Speaker 2: logistics up three percent, trade in services up two percent.
- 13:27Speaker 2: And this is this is across the board. This is
- 13:29Speaker 2: broad based increases for most industries and crucially for the
- 13:35Speaker 2: larger regions including Auckland, which is now up two months consecutively.
- 13:39Speaker 2: Twenty three after five News Talks.
- 13:41Speaker 1: MB the early edition full show podcast on iHeartRadio powered
- 13:46Speaker 1: by Newstalks IV five.
- 13:49Speaker 2: Twenty five News Talks MB has Nikola Willis failed on
- 13:52Speaker 2: growth in her year of growth so far. Yes, we've
- 13:56Speaker 2: gone nowhere in six months. Quarter two basically wiped out
- 13:59Speaker 2: Quarter one. Should she resign? No? Why Trump's tarris She
- 14:04Speaker 2: didn't see them coming, sure, but nobody saw them coming.
- 14:07Speaker 2: Markets thought he was bluffing a negotiation tactic until he wasn't.
- 14:12Speaker 2: Businesses and mums and dads sat on the cash to
- 14:14Speaker 2: wait it out, which is a reasonable response to an
- 14:16Speaker 2: uncertain future. Should she borrow and spend more, she can't.
- 14:21Speaker 2: It'd be political sacrilege for a party elected to do
- 14:23Speaker 2: the opposite. Besides, she's already borrowing Robertson level cash, the
- 14:27Speaker 2: interest tabs nearing ten billion bucks, and rating agencies are
- 14:31Speaker 2: watching closely. The RBNZ printed money like it was going
- 14:35Speaker 2: out of fashion. Governments here and abroad overcook, the COVID
- 14:38Speaker 2: response with border controls, the world ground to a halt,
- 14:43Speaker 2: we artificially concocted, and the inflationary wildfire so hot that
- 14:48Speaker 2: the ambers burned close to the Central limits to this day.
- 14:52Speaker 2: As for those calls from Douglas and Cove for Willis
- 14:55Speaker 2: to her head on a stake. That's what they're asking for.
- 15:00Speaker 2: You've got to ask what exactly is it they want
- 15:03Speaker 2: and what impact would it have had had she gone
- 15:07Speaker 2: full Ruth Richardson in Budgets one and two, Getting the
- 15:10Speaker 2: books in line sooner. That growth number we saw yesterday,
- 15:14Speaker 2: the one that prompted the press release calling for her scalp,
- 15:18Speaker 2: would have been a hell of a lot worse than
- 15:20Speaker 2: zero point nine negative. So the waiting game continues, which
- 15:25Speaker 2: is cold comfort to many, but the medicine for such
- 15:28Speaker 2: a nasty illness was always going to be hard to swallow.
- 15:32Speaker 2: Bryan Bridge by twenty seven News Talks eb Over in
- 15:36Speaker 2: the UK. Nigel Farraj, I mean, this guy could seriously
- 15:38Speaker 2: be the next British Prime minister if you can keep
- 15:41Speaker 2: up the momentum and we'll see what happens with those
- 15:44Speaker 2: local elections are happening next year. But if you can
- 15:47Speaker 2: keep this momentum up and the immigration thing is still
- 15:50Speaker 2: a problem, then yeah, I mean he could be. It's
- 15:53Speaker 2: a potential. Now he along with people like Rudy Giuliani
- 15:58Speaker 2: doing this weird thing. I don't know if you know
- 16:00Speaker 2: about cameo. You might have been sent one of these
- 16:03Speaker 2: for your birthday. And a cameo gets celebrities and pays
- 16:06Speaker 2: them to send personalized sort of messages so you can say,
- 16:10Speaker 2: I want you to say this funny thing or that
- 16:11Speaker 2: funny thing. Farage does ninety five dollars. I'll say anything,
- 16:18Speaker 2: cameos and literally says anything.
- 16:22Speaker 1: Happy birthday, and this is from the lads, lads, lads.
- 16:27Speaker 2: And like there are ten to fifteen second videos. Now,
- 16:30Speaker 2: what he makes from this is apparently one hundred and
- 16:33Speaker 2: eighty thousand dollars in the last year, so ninety five
- 16:36Speaker 2: bucks a pop. He's just sitting in his office with
- 16:39Speaker 2: a microphone and a webcam and filming himself and then
- 16:43Speaker 2: sending them off one hundred and eighty thousand dollars. Now
- 16:45Speaker 2: he reckons, And I think this is actually quite interesting
- 16:48Speaker 2: because he's you know, it sort of looks a bit weird,
- 16:50Speaker 2: it could be a bit risky, but he reckons that
- 16:53Speaker 2: not only is he making a lot of money, he's
- 16:56Speaker 2: engaging with an audience that otherwise would have no idea
- 17:00Speaker 2: who he is or not find him particularly attractive. And
- 17:03Speaker 2: I've interviewed this as a Wall Street Journal article. They
- 17:06Speaker 2: interviewed a young guy who said, not sure I'd vote
- 17:09Speaker 2: for him, but it's hilarious how he'll just say anything,
- 17:12Speaker 2: and it's quite relatable content. So interesting, isn't it that
- 17:15Speaker 2: you could in a way campaign and get paid for it.
- 17:19Speaker 2: That's on top of his parliamentary salary. By the way,
- 17:22Speaker 2: Rudy Giuliani, you don't want to see this, but he
- 17:25Speaker 2: got a few hundred bucks for performing I'm a little teapot.
- 17:30Speaker 2: That's scream's desperation, doesn't it. Twenty nine after five news
- 17:34Speaker 2: talk zib to get to the GDP number before six
- 17:38Speaker 2: and the UK before that.
- 17:46Speaker 1: Get ahead of the headlines on early edition with Ryan
- 17:50Speaker 1: Bridge and one roof love where you live used talks be.
- 18:02Speaker 2: You're twenty four away from six news talk zbe bit
- 18:05Speaker 2: of a rock and a half place for Nicola Willis
- 18:07Speaker 2: really the text machines been lit up, Craig, says Ryan.
- 18:10Speaker 2: The fact that Willison Luckxon's government hasn't done something more
- 18:12Speaker 2: radical like reform the economy, which is what we expected
- 18:15Speaker 2: from them, as a sign that things will only get
- 18:19Speaker 2: worse to an extent, You're right. I mean people, some
- 18:22Speaker 2: on the right wanted them to come in and go
- 18:24Speaker 2: all Ruth Richardson, go all gung ho. And she did reform,
- 18:28Speaker 2: and she did cut deeply, much deeper than Willis as
- 18:32Speaker 2: I mean, she's still Willis borrowing as much as Richard,
- 18:35Speaker 2: as Grant Robertson. But if she had cut deeper that
- 18:41Speaker 2: number you're looking at yesterday would have been much worse.
- 18:45Speaker 2: That's what happens. Yes, Ruth Richardson got to five percent
- 18:48Speaker 2: growth eventually, but it took about three years to get there.
- 18:51Speaker 2: So you're looking at political cycles. You're looking at a party,
- 18:54Speaker 2: a national party, which is our centrist medal manager party,
- 18:59Speaker 2: isn't it. That's what they are. If we wanted what
- 19:02Speaker 2: you suggest, Craig, then we should have all voted act
- 19:06Speaker 2: you know what I mean. That's how you get you
- 19:08Speaker 2: to use their campaign's logan Real change time is anyway,
- 19:12Speaker 2: we'll talk about the GDP number before six and we'll
- 19:15Speaker 2: head to the UK for the Trump Starmer joint presser
- 19:19Speaker 2: in about ten minutes time. I'm thirteen away from six.
- 19:23Speaker 2: Now callen, Proctors and Dnedan for us this morning. Callen,
- 19:25Speaker 2: Good morning morning. Right time is ticking for prosecution over
- 19:29Speaker 2: the South Island's Sea lion killings.
- 19:33Speaker 11: Yeah, the Sea Lion Trust here has this fifty thousand
- 19:36Speaker 11: dollars reward out for information about three deliberate killings and
- 19:40Speaker 11: the captains last year of sea lions.
- 19:42Speaker 2: You may remember.
- 19:43Speaker 11: The prosecution though has to come within a year of
- 19:45Speaker 11: the incident, and tomorrow is the deadline for that action,
- 19:49Speaker 11: so the trust is disappointed. It's fair to say that
- 19:53Speaker 11: there's been no progress on this despite the reward. They
- 19:57Speaker 11: concerned that whoever did it may think they got away
- 19:59Speaker 11: with it and could do it again. The co chair
- 20:02Speaker 11: is Sean McConkie. He's told us he hopes the community
- 20:04Speaker 11: support and the reward, though encourages people in future to
- 20:08Speaker 11: think twice. All right, how's your weather are the odd
- 20:10Speaker 11: early shower clears to find southwester turns northerlyeds and Eden's
- 20:14Speaker 11: high though only twelve today?
- 20:16Speaker 2: All right? Chairs? Jamie Cunningham for christ Church Jamie, good morning,
- 20:20Speaker 2: Good morning Ryan. The Wildlife Photographer the Year exhibition has
- 20:23Speaker 2: returned to Canterbury Museum.
- 20:24Speaker 7: Yeah, that's right. A fresh batch of one hundred animal
- 20:27Speaker 7: images from around the world are online from London's Natural
- 20:31Speaker 7: History Museum, showcasing photographic talent from fifty nine thousand entries
- 20:35Speaker 7: and one hundred and seventeen countries. It gives visitors the
- 20:38Speaker 7: chance to see a grizzly bear fishing in his sub
- 20:41Speaker 7: zero Canadian river, the nocturnal glow of a Chilean volcano,
- 20:45Speaker 7: in the intimate world of tiny insects, Museum Director Anthony
- 20:48Speaker 7: Riots's previous exhibitions have been enormously popular in twenty nineteen
- 20:53Speaker 7: and last year. He sees the captivating images and stories
- 20:56Speaker 7: of the world's wildlife are loved by contabrians and visitors,
- 21:00Speaker 7: so they're delighted to bring it back to christ Church.
- 21:02Speaker 2: Right, how's your weather?
- 21:04Speaker 7: A few showers, clearing to find in the morning, southwesterlies
- 21:07Speaker 7: and a high of twelve.
- 21:08Speaker 2: All right, Max is in Wellington, Max, good morning, good morning.
- 21:11Speaker 2: Now I found this story quite hilarious, not funny, not funny. Yesterday,
- 21:16Speaker 2: this is about the public service still working from home?
- 21:20Speaker 13: Yes, it's fitting that this is a Friday, because really interesting.
- 21:23Speaker 13: Latest data from the Public Service Commission Flexible working arrangements
- 21:27Speaker 13: working from home taking a cheeky Friday off. It's all
- 21:30Speaker 13: still rampant, it seems across the public sector, despite what
- 21:33Speaker 13: the government and previous Minister Nikola Willis might desire, a
- 21:37Speaker 13: majority in fact still working flexibly sixty five percent. That
- 21:41Speaker 13: might also be adjusted or compressed hours, flexible start finish time.
- 21:45Speaker 13: Indeed working from home. The proportion of people working at
- 21:49Speaker 13: home only down slightly on the Commission's last survey. Shockingly, shockingly,
- 21:54Speaker 13: the most common day to take off is Friday. Almost
- 21:56Speaker 13: a quarter work from home on Fridays. No wonder Wellington's
- 22:01Speaker 13: hospitality industries in the pan. And what was also alarming though,
- 22:04Speaker 13: is that the Public Service Commission says it's now going
- 22:06Speaker 13: to stop collecting this type of data, which was perhaps
- 22:11Speaker 13: the problem in the first place. It's rationale is that
- 22:14Speaker 13: working from home arrangements are our agreements between staff and managers,
- 22:18Speaker 13: and it no longer needs to track who's working at home.
- 22:21Speaker 2: Went great, So even when we track them, we get nowhere.
- 22:25Speaker 2: And as soon as we stop tracking them, imagine where
- 22:27Speaker 2: it's going to go Thursday Friday. I mean, just take
- 22:29Speaker 2: the whole week.
- 22:30Speaker 13: You know a lot of people listening to the show
- 22:32Speaker 13: and bed I think today.
- 22:33Speaker 2: Yeah, that's your Wither. No, they're listening.
- 22:36Speaker 13: They're listening to Arned in Wellington, Perhapsia the Odd Show.
- 22:41Speaker 13: Otherwise find Strong Southerly's ten today.
- 22:43Speaker 2: All right, thanks mix, No, our listeners are up in
- 22:46Speaker 2: Adam already, Neva's and Auckland Neva good Morning, Happy Friday,
- 22:49Speaker 2: hopy Friday, and currently only and Wayne Brown are up
- 22:52Speaker 2: and Adam they're going to a stage event today for
- 22:55Speaker 2: a debate.
- 22:55Speaker 14: Just get your popcorn. Oh my goodness, gracious me. So
- 22:58Speaker 14: today's Meet the Candidates of Now. This is hosted by
- 23:01Speaker 14: Gray Power. It will see those two give short speeches
- 23:06Speaker 14: and then take questions from the audience. So Leoni's criticized
- 23:09Speaker 14: Brown in the past, you know, for not showing up
- 23:11Speaker 14: to debates. So apparently a recent freshwater pole, this was
- 23:16Speaker 14: commissioned by Brown, shows him firmly in the driver's seat
- 23:18Speaker 14: with about sixty five percent of likely voters backing him.
- 23:21Speaker 14: That same pole showed Leoni head just six percent support,
- 23:25Speaker 14: although she says, you know, like her internal polling paints
- 23:28Speaker 14: a very different picture. Of course it does. So you know,
- 23:30Speaker 14: that'll be interesting today. I think quite a few media
- 23:33Speaker 14: people are going to head along to that. That's at
- 23:35Speaker 14: the north Shore. On the North Shore one pm, Shall
- 23:38Speaker 14: I say where netballed North Harbor?
- 23:40Speaker 2: Great? Do you know? I had had one Brown on
- 23:42Speaker 2: the show last week or was it week before, and
- 23:44Speaker 2: he had his first candidates event. I said, oh, Wayne,
- 23:48Speaker 2: how did it go? And he goes it was insufferable.
- 23:52Speaker 14: And I could just see his face. I could just
- 23:54Speaker 14: pat Oh right, it's sufferable. I mean it's quite comical.
- 23:58Speaker 2: Really, he's the grinch, but everyone kind of likes it.
- 24:01Speaker 2: It's right right neither. How's our weather cloudy show.
- 24:05Speaker 14: Is clearing to find this afternoon? Yay sixteen the high
- 24:07Speaker 14: first day school holidays.
- 24:09Speaker 2: Have a fantastic weekend. Good to see you. It is
- 24:11Speaker 2: twelve sorry eighteen minutes away from six or on news
- 24:14Speaker 2: Talk SeeDB we will talk GDP just before six o'clock.
- 24:18Speaker 2: Will get to Vincent mcavenie and the UK next News
- 24:21Speaker 2: Talk SeeDB. If you run a small business, you know
- 24:24Speaker 2: the pain of waiting to get paid. You finish the job,
- 24:27Speaker 2: you send the invoice, and then you spend weeks chasing
- 24:30Speaker 2: people up like some sort of debt collector. Zero's tap
- 24:33Speaker 2: to pay pound by Stripe changes all of this. Your
- 24:35Speaker 2: customer taps their card on your phone and boom bam
- 24:39Speaker 2: you're paid on the spot. No fancy payment terminal needed,
- 24:42Speaker 2: just the zero accounting app. Here's the really smart but
- 24:45Speaker 2: though once the payment goes through, the invoice is automatically
- 24:48Speaker 2: marked as paid in zero. This is ready to be reconciled.
- 24:52Speaker 2: Less admind less making around with the paperwork, more time
- 24:55Speaker 2: running your actual business, which is what you want to
- 24:57Speaker 2: be doing. It's secure, it's instant, and it kee your
- 25:00Speaker 2: cash flow moving instead of grinding to a halt every month.
- 25:04Speaker 2: Except payments on the spot as soon as the job's complete.
- 25:07Speaker 2: No more awkward. I'll keep that invoice to your conversations.
- 25:10Speaker 2: For small businesses, this could genuinely be a game changer.
- 25:13Speaker 2: Less time chasing late payments, more time focusing on what
- 25:17Speaker 2: you do best. Supercharge your business with zero tap to
- 25:21Speaker 2: pay getting paid just got a whole lot easier search,
- 25:24Speaker 2: zero tap.
- 25:25Speaker 1: To pay, International correspondence with ends and eye insurance, peace
- 25:30Speaker 1: of mind for New Zealand business sporting away.
- 25:32Speaker 2: From six News talks too. Trump's offered some advice to
- 25:35Speaker 2: Kiir Starmer at a joint press conference. This is during
- 25:38Speaker 2: his state visit. The Vincent Mecavin Exact UK europe correspondent
- 25:41Speaker 2: joining me this morning, Vincent. They seem to be getting
- 25:44Speaker 2: along quite well, Yeah, very well.
- 25:47Speaker 9: Donald Trump likes a winner, and he saw that historic
- 25:50Speaker 9: victory that Kair Starmer had in last year's election, securing
- 25:53Speaker 9: that massive mandate. Yes, he's having a bit of trouble
- 25:56Speaker 9: domestically at the moment, but Donald Trump and Kairs Starmer
- 25:59Speaker 9: c to have developed quite a strong bond, in part
- 26:02Speaker 9: because Kirs Starmer went out and met with Donald Trump
- 26:06Speaker 9: in sort of summer twenty twenty four ahead of his
- 26:09Speaker 9: election victory. So Donald Trump felt sort of flattered and
- 26:12Speaker 9: enamored by that. But over the past two days of
- 26:15Speaker 9: this visit, first the sort of royal day at Windsor
- 26:17Speaker 9: and then today at Checkers, the Prime Minister's country residence,
- 26:21Speaker 9: Trump's deep affection for the United Kingdom, his mother was
- 26:24Speaker 9: of course Scottish has been on full show and he
- 26:27Speaker 9: hasn't really put a foot out of line.
- 26:29Speaker 2: And what about this tick deal that they're talking up?
- 26:32Speaker 2: Is this serious? Is it going to happen? Is it
- 26:34Speaker 2: guaranteed to heppen?
- 26:37Speaker 9: Well, this tech deal is interesting, it's sort of tens
- 26:40Speaker 9: of billions of pounds. But what has been coming from
- 26:42Speaker 9: the US side is it would be much more if
- 26:45Speaker 9: the UK would do two things. Get rid of its
- 26:47Speaker 9: digital services tax and get rid of its new online regulation.
- 26:52Speaker 9: These are two things that Downing Street simply won't get
- 26:54Speaker 9: rid of because they say that the sort of the
- 26:57Speaker 9: online sales services tax, for instance, there has to be
- 27:00Speaker 9: some contribution to these massive online companies, the likes of Amazon,
- 27:04Speaker 9: that have taken away business from the high streets and
- 27:07Speaker 9: the high streets have to pay things like business rates
- 27:09Speaker 9: and rental rates for shops and all that kind of stuff.
- 27:12Speaker 9: And when it comes to the sort of dangers of
- 27:14Speaker 9: the internet, the online regulation built. You can't access, for instance,
- 27:17Speaker 9: pornography here in the UK anymore online without going through
- 27:20Speaker 9: an age certification process. And the Prime Minister was clear
- 27:23Speaker 9: that he didn't want children to be able to access
- 27:26Speaker 9: that kind of meat material and that there has to
- 27:28Speaker 9: be curves online of access to for instance, terrorist material
- 27:31Speaker 9: as well. So a downing Streets are very resolute that
- 27:34Speaker 9: the UK won't fold on this. Trump is trying to
- 27:36Speaker 9: put the same kind of pressure on the European Union
- 27:39Speaker 9: as well, because the likes of Mark Zuckerberg and all
- 27:43Speaker 9: those other tech bros are constantly putting pressure on him
- 27:46Speaker 9: to try and get other nations to get rid of
- 27:48Speaker 9: this before it becomes the international norm.
- 27:50Speaker 2: All right, interesting stuff, Thans and making of any UK
- 27:52Speaker 2: europe correspondent time as twelve away from six Ryan, we
- 27:56Speaker 2: dealt with the politics of this. Now let's get to
- 27:57Speaker 2: the numbers. So GDP fell point nine percent in the
- 28:00Speaker 2: last quarter. That's double what the economists had fared and
- 28:03Speaker 2: lot three times what the Reserve Bank had fared and
- 28:06Speaker 2: joining me this morning, Mark Smith asb Senior Economists, Mark,
- 28:09Speaker 2: good morning.
- 28:10Speaker 10: Good morning.
- 28:10Speaker 2: Right, So yes, worse quarter two change decline. Does it
- 28:15Speaker 2: change your prediction for the quarter three number now that
- 28:19Speaker 2: we've gone so low?
- 28:21Speaker 10: Yeah, probably a little bit. Yeah, the bigger the whole,
- 28:25Speaker 10: I suppose for the larger of the rebounds, so we
- 28:28Speaker 10: do have a little bit more of a bounce back,
- 28:30Speaker 10: but the thing is the whole is bigger.
- 28:33Speaker 2: Why.
- 28:35Speaker 10: Well, essentially we saw quite a pretty strong start the year,
- 28:40Speaker 10: and really what we saw on Q two was very
- 28:43Speaker 10: much an unwining of those things and it happened a
- 28:46Speaker 10: lot more significant than what we thought. And really what
- 28:49Speaker 10: we're seeing now is that the economy does not really
- 28:52Speaker 10: have a lot there that can really push it up,
- 28:55Speaker 10: apart from really monetary policy. And it's really the key.
- 28:58Speaker 2: Would a double cut last time, I mean, it wouldn't
- 29:01Speaker 2: have made a difference to this number because it was
- 29:03Speaker 2: backwards looking, right, But now everyone's thinking they'll do a
- 29:06Speaker 2: double cut next time.
- 29:09Speaker 10: Possibly with the benefit of hindsight. I think with the
- 29:12Speaker 10: Reserve Bank, they're focuses as inflation, and I think we're
- 29:16Speaker 10: getting a lot more confident now that we will see
- 29:18Speaker 10: inflation pick up a bit in Q three, but we're
- 29:22Speaker 10: more confident now that's going to be lower further down
- 29:24Speaker 10: the tracks. And that's really why that there is a
- 29:26Speaker 10: bank with confidence can cut a bit more strongly.
- 29:29Speaker 2: Does the fact that FED is cutting in the US
- 29:32Speaker 2: despite their inflation still being outside band, does that have
- 29:36Speaker 2: any effect on the inflation calculation here going forward?
- 29:41Speaker 10: At the margin? You know, the extent that have fixed
- 29:45Speaker 10: long term interest rates here and the extent that fixed
- 29:48Speaker 10: the New Zealand dollars into the margin. But really it's
- 29:51Speaker 10: the same sort of dilemma that that we're facing as well.
- 29:55Speaker 10: I've gone back a while. I suppose the risk was
- 29:58Speaker 10: inflation will high for longer. I think the comfort now
- 30:03Speaker 10: for both central banks is that there's enough to be
- 30:05Speaker 10: a capacity in the economy and that will result in
- 30:08Speaker 10: inflation falling over time. And now it's also the focus
- 30:12Speaker 10: it's more on the labor market rather than inflation.
- 30:14Speaker 2: So where do you where do you see? How low
- 30:16Speaker 2: do you see the OCA going two point two five?
- 30:20Speaker 10: Yeah, by the end of the year, to give you
- 30:22Speaker 10: an idea of where things are. Typically, if you're like
- 30:26Speaker 10: your goldly locks rates about three percent, So we think
- 30:29Speaker 10: the Reserve Bank will need to put the foot on
- 30:31Speaker 10: the gas pedal to try and get the economy going. Previously,
- 30:35Speaker 10: when the flation was too high, the foot was on
- 30:37Speaker 10: the brake, and now the foot will need to go
- 30:39Speaker 10: on the gas pedal.
- 30:39Speaker 2: Give us an economy, Give us an idea of what
- 30:42Speaker 2: that would mean for a mortgage interest rate? How low
- 30:44Speaker 2: could it go?
- 30:46Speaker 10: A lot of it is already priced in. But you
- 30:48Speaker 10: know we will see for those floating rates will move down,
- 30:51Speaker 10: you know pipelike ware margin. Those fixed rates move not
- 30:55Speaker 10: so much because it's already priced in to some extent.
- 30:58Speaker 10: So certainly those variable rates will will come down.
- 31:00Speaker 2: By This is the thing, right because last time the
- 31:02Speaker 2: Reserve being sure they didn't do a double hit, but
- 31:05Speaker 2: they essentially did a seventy you could aigue a seventy
- 31:08Speaker 2: five point cut because they signaled the rest to come right,
- 31:12Speaker 2: which has been priced in.
- 31:15Speaker 10: Yeah, I think they're signals we want to see the
- 31:17Speaker 10: economy start to start to ready to move. I think
- 31:20Speaker 10: they worry is if it does not move enough, they've
- 31:23Speaker 10: all needed it more. So you know, again, what what
- 31:27Speaker 10: will happen to the official cash rate is really conditional
- 31:31Speaker 10: on the economic outlook and without there being enough tail
- 31:34Speaker 10: when suit the economy going, it's going to come more
- 31:36Speaker 10: on the OCI to do that.
- 31:38Speaker 2: Appreciate your time, Mark Mark Smith ASB Senior Economists. You're
- 31:41Speaker 2: on News Talk sad B.
- 31:43Speaker 1: On your radio and online on Iheard Radio Early edition
- 31:47Speaker 1: with Ryan Bridge and one roof Love where you Live,
- 31:51Speaker 1: News Talks.
- 31:52Speaker 2: EDB six or six on News Talk SEDB.
- 31:54Speaker 8: SO.
- 31:54Speaker 2: Then yesterday, Simon Brown puts out a press statement says
- 31:57Speaker 2: that they've offered one hundred and sixty million dollars extra
- 32:00Speaker 2: to the doctors five and a half thousand senior doctors
- 32:03Speaker 2: over a sixteen month term, and they've walked away from it.
- 32:06Speaker 2: So it strikes happening forty eight hours. Next week goes ahead,
- 32:09Speaker 2: thirteen thousand treatment appointments postponed, eighteen hundred elective procedures, thirty
- 32:14Speaker 2: six hundred specialists, seven thousand follow ups, and eight hundred
- 32:17Speaker 2: outpatients delayed. There you go. Good news Friday morning five
- 32:22Speaker 2: to six, Ryan Breede Morning, Mike Morning. Sorry, what's on
- 32:26Speaker 2: the show today?
- 32:27Speaker 4: Well, we got John Key and we've got Nichola Willis.
- 32:29Speaker 4: You should read if you haven't read already. Thomas Coglin's yeah,
- 32:32Speaker 4: he gat one of them. Yeah, he's like he sums
- 32:35Speaker 4: up yesterday extremely well in the sense he's sort of
- 32:39Speaker 4: I mean, it's in the weeds. But Labour's inability to
- 32:42Speaker 4: focus on the day came in with questions about education,
- 32:46Speaker 4: whether they pulled them out of a basket or whatever
- 32:49Speaker 4: they do. But their day to kill the government was
- 32:51Speaker 4: yesterday and they failed miserably.
- 32:54Speaker 2: They was sick.
- 32:54Speaker 4: But Nikola Willis equally had no real comeback in the sense.
- 32:58Speaker 4: And here's the interesting thing for me in ald time
- 33:00Speaker 4: talk to her about it because she's on the program.
- 33:02Speaker 4: So when the parme miniter came on the program a
- 33:04Speaker 4: couple of weeks ago, you remember I got him to
- 33:06Speaker 4: criticize the Reserve Bank because he is the real issue,
- 33:09Speaker 4: and he all the op ed writers got all angsty
- 33:11Speaker 4: about that, said you can't do it. They're independent, blah
- 33:13Speaker 4: blah blah. But they've been just demonstrably let down by
- 33:18Speaker 4: the Reserve Bank. So if you just chart this, April,
- 33:21Speaker 4: May and June was the quarter we're dealing with. They
- 33:24Speaker 4: came out in July. By that time all was gone,
- 33:26Speaker 4: Hawksby was in and what did they do in July?
- 33:29Speaker 4: It was nothing that was die. So we've just watched
- 33:33Speaker 4: a quarter. We now know it's zero point nine contract
- 33:36Speaker 4: in a major way, and their view of it was
- 33:38Speaker 4: we don't need to do anything more.
- 33:39Speaker 2: These calls for her to resign from it, that's the
- 33:42Speaker 2: usual crad. It's crap, but it's crap for a particular reason.
- 33:46Speaker 4: I just I disagree with what you said earlier. But
- 33:49Speaker 4: the only thing I would say.
- 33:50Speaker 2: Is that that if she had cut, she would have
- 33:54Speaker 2: been far worse. And therefore why put a pressure release
- 33:57Speaker 2: out on it yesterday?
- 33:58Speaker 4: Because at the end of the day, the problem with Douglas,
- 34:01Speaker 4: or the thing about Douglas is Douglas is my financial
- 34:04Speaker 4: minister hero, that guy. We're in many respects, in the
- 34:07Speaker 4: same position. You're too young to remember, but we're in
- 34:09Speaker 4: the same position now that we were in when he
- 34:12Speaker 4: came in at eighty four and he blew the place up,
- 34:15Speaker 4: and we're probably requiring the same restaurant.
- 34:19Speaker 2: Now, look forward to the show today. Mike has looked.
- 34:21Speaker 2: Next Happy Friday, everyone, I'm on Driday next week, Star.
- 34:25Speaker 2: I'll capture the following.
- 34:28Speaker 1: For more from early edition with Ryan Bridge, listen live
- 34:31Speaker 1: to news Talks. It'd be from five am weekdays, or
- 34:34Speaker 1: follow the podcast on iHeartRadio.