Latest / Early Edition with Ryan Bridge / Full Show Podcast: 24 August 2026

Transcript

Full Show Podcast: 24 August 2026 · Early Edition with Ryan Bridge

0:00
Speaker 1: The issues, the interviews and the insight. Ryan Bridge on
0:05
Speaker 1: early edition with Spark for business technology that keeps business moving,
0:09
Speaker 1: News talks.
0:10
Speaker 2: They'd be good morning at a six half to five.
0:12
Speaker 2: Great to have your company.
0:13
Speaker 3: We'll look at labours, fiscals and nets taxes. That's coming
0:16
Speaker 3: up before six this morning. Gavin's in the UK for us.
0:18
Speaker 3: There's a power plant being closed by an attack from Iran,
0:22
Speaker 3: a cyber attack. Vickie Price does the business for us
0:25
Speaker 3: this morning, and we have Sean Fitzpatrick out of Johannesburg.
0:30
Speaker 1: The agenda.
0:30
Speaker 2: Here's Monday, the.
0:31
Speaker 3: Twenty fourth of August. Awful, big crash in the UK.
0:34
Speaker 3: Car accident on a motorway to head on collision. Two
0:37
Speaker 3: police officers have been killed. People are obviously mourning them,
0:41
Speaker 3: but also the five teenagers who were driving the wrong
0:44
Speaker 3: way that hit them. Police asking people to be careful
0:46
Speaker 3: what they're sharing online about the crash.
0:48
Speaker 4: Let's not spread rumors, Let's not speculate on what's happened.
0:51
Speaker 4: The ALPC will do their work, the Force will do
0:53
Speaker 4: their work and that will give an official view of
0:56
Speaker 4: what's happened. Social media can be quite dangerous when rumors
0:59
Speaker 4: get spread around.
1:00
Speaker 3: Right we've got corruption and we've got troop numbers coming
1:02
Speaker 3: out of the war between Russia and Ukraine. Zelensky says
1:05
Speaker 3: Putin could draft another three hundred thousand troops, with half
1:09
Speaker 3: a million possibly mobilized by twenty twenty seven. At the
1:11
Speaker 3: same time, Zelensky's in a bit of trouble at home.
1:15
Speaker 3: The sacked Defense minister has spoken to the BBC about
1:18
Speaker 3: alleged corruption in Zelensky's in a circle.
1:21
Speaker 5: It's definitely in my bastard interests because they wanted this war,
1:24
Speaker 5: it to be old and Ukraine to become a successful country.
1:28
Speaker 5: So yeah, this is in my interest for sure, but
1:31
Speaker 5: of course it's also in the interest of all Ukrainians.
1:35
Speaker 3: You're talking about an election, Zolensky says, it would be
1:38
Speaker 3: suicide for Ukraine to have an election mid war with Russia. Right,
1:43
Speaker 3: we're back to square one in the Carnelie Trump trade
1:45
Speaker 3: war talks have collapsed. Cartig's calling for new tariffs and
1:49
Speaker 3: a miscalculation designed to hurt and divide Canada's how He's
1:53
Speaker 3: describing Trump's latest salvo.
1:55
Speaker 6: In recent days, the United States proposed new terms the
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Speaker 6: Ryan Ekan Army unfair and undermine the net benefits for
2:03
Speaker 6: Canada and called into question the reliability of any deal.
2:09
Speaker 6: In short, they asked too much and they offered too
2:13
Speaker 6: little in return.
2:14
Speaker 3: Trump says, Canada wants the benefits of being a state
2:17
Speaker 3: without being one.
2:19
Speaker 1: On your radio and online on iHeartRadio early edition with
2:23
Speaker 1: Ryan Bridge and Spark for business Technology that keeps business moving,
2:28
Speaker 1: news talks.
2:29
Speaker 3: That'd be eight after five, nine nine, the number to text.
2:32
Speaker 3: Carnie's by the way, just a little update on that
2:35
Speaker 3: Carnie Trump thing.
2:36
Speaker 2: So he has.
2:38
Speaker 3: Trump says, these are the tariffs you're going to get,
2:40
Speaker 3: you know, new fifty percent tariffs, and Carne has come back.
2:44
Speaker 3: This is on Friday, and then Carnie has come back
2:46
Speaker 3: and said, oh, we're going to do our own levies
2:48
Speaker 3: and they will come into force on the eighth of September,
2:50
Speaker 3: thank you very much. Trump's ones affect twenty billion dollars
2:54
Speaker 3: worth of Canadian goods. And basically what's happening now is
2:58
Speaker 3: they're still talking. So they're both fine shots publicly and
3:01
Speaker 3: then talking behind the scenes. So we'll see where they
3:03
Speaker 3: get to the other thing about trade and Trump over
3:05
Speaker 3: the weekend. Well, actually it's going to happen today. Trump
3:08
Speaker 3: is going to announce he did threaten this last week
3:11
Speaker 3: sanctions on anyone doing business with Iran, and if you
3:15
Speaker 3: haven't look and he's going to announce some some sort
3:18
Speaker 3: of sanctions or tariffs on anyone doing business with Iran
3:21
Speaker 3: later today their time. China, Turkey, Iraq are the three
3:26
Speaker 3: big trading partners of Iran. The UAE poul plug on
3:30
Speaker 3: trade with them last week. You remember we gave you
3:32
Speaker 3: that update. China is the number one trading partner. Of course,
3:35
Speaker 3: they're buying about eighty percent of the oil, whatever oil
3:38
Speaker 3: they can get out of there, so you can expect
3:39
Speaker 3: something from the White House on that later today. Also,
3:44
Speaker 3: I found this interesting over the weekend South Korea, because
3:46
Speaker 3: you know, there's obviously a bit of disruption when it
3:49
Speaker 3: comes to trade roots around the world. South Korea has
3:52
Speaker 3: sent its first container ship through the Arctic to try
3:55
Speaker 3: and test whether it could become a commercially viable route.
3:59
Speaker 3: You've got war in the Middle East disrupting global shipping,
4:02
Speaker 3: et cetera, et cetera. So yeah, going to Europe, that's
4:07
Speaker 3: the idea. The Arctic passage could cut ten days they
4:10
Speaker 3: reckon from journeys between Asia and Europe. Compared with the
4:14
Speaker 3: usual route which will take you through the Suez Canal.
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Speaker 3: So there you go. Commerce will always find a way.
4:19
Speaker 3: Oil will always find a way, won't It's ten after five.
4:22
Speaker 3: Ryan Bridge shorn Fitzpatrick joins US Live next from Johannesburg.
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Speaker 2: News Talks EDB, the Early.
4:27
Speaker 1: Edition Full the show podcast on iHeartRadio powered by NEWSTALKSB.
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Speaker 1: The news you need this morning and the in depth
4:36
Speaker 1: analysis Early edition with Ryan Bridge and Spark for business
4:41
Speaker 1: technology that keeps business moving NEWSTALKSB.
4:44
Speaker 3: Great to have your company. Thims thirteen after five Trade deficit.
4:48
Speaker 3: We've got numbers out. On Friday, the balloon blew out
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Speaker 3: a bit. This is for the month of July, biggest
4:53
Speaker 3: and two years. This is our trade deficit with the
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Speaker 3: rest of the world. June we were at two hundred
4:58
Speaker 3: and thirty million. July the deficit was one point nine billion,
5:02
Speaker 3: I know, massive, huge. What happened fuel, of course, the
5:05
Speaker 3: cost of which shot up. The value of what we imported.
5:09
Speaker 3: Course we import all of our fuel to New Zealand.
5:11
Speaker 3: The value doubled to one point seven billion dollars. Fertilizer
5:15
Speaker 3: value was up, prices were up, and then we also
5:19
Speaker 3: imported more vehicles. We imported more machinery, which on balance
5:22
Speaker 3: is probably a good thing for the economy, a good
5:24
Speaker 3: sign for the economy. Yes, we are exporting more as well,
5:27
Speaker 3: but peak dairy and fruit shipments have sailed. And it's
5:30
Speaker 3: thirteen after five. They're calling it one of the All
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Speaker 3: Blacks greatest wins in years. Huge thirty three sixteen victory
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Speaker 3: over the box at Dallas Park, our biggest ever there
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Speaker 3: and first win in South Africa in four years. Five
5:43
Speaker 3: tries to one, just three box points after halftime. So
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Speaker 3: how much credit does Dave Rennie get.
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Speaker 7: It's not about me, you know, I'm really raun for
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Speaker 7: the players. We've got a fantastic group of staff who
5:55
Speaker 7: worked really hard and so yeah, like it's a special night.
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Speaker 7: It's to win Alice Park against a high quality side.
6:03
Speaker 3: Certainly as Sean Fitzpatrick, former All Black captain in Johannesburg
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Speaker 3: with me this morning.
6:07
Speaker 2: Hey Sean, good morning.
6:10
Speaker 8: Should I say a very special day in the life
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Speaker 8: of New Zealand rugby? For sure?
6:17
Speaker 2: Did you think going in? Because I was asking everyone
6:20
Speaker 2: last week are they going to do it? Are they
6:22
Speaker 2: not going to do it?
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Speaker 3: It was kind of fifty to fifty what did you
6:24
Speaker 3: really think was going to happen?
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Speaker 5: Run?
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Speaker 8: I was quietly confident, but I was also a concerned
6:32
Speaker 8: in terms of it's probably the most hostile environment of
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Speaker 8: any any ground I've ever played in, and there was
6:40
Speaker 8: a number of the boys hadn't hadn't experienced that, and
6:44
Speaker 8: it's a case of how they were going to deal
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Speaker 8: with that, really and and they obviously dealt with it
6:50
Speaker 8: pretty well the way they hung in there.
6:53
Speaker 9: So.
6:55
Speaker 8: It sort of played out how I thought it would.
6:58
Speaker 8: But the way they and the atmosphere there ryan was
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Speaker 8: was second to none. The noise was unbelievable, especially in
7:07
Speaker 8: the sort of end of that first half when they
7:09
Speaker 8: were starting to really dominate at scrum time. I was
7:14
Speaker 8: a little bit concerned at that stage.
7:17
Speaker 3: How much of this do you put down to Rennie's coaching?
7:19
Speaker 3: And you know, I mean not only throughout the last
7:22
Speaker 3: few months, but at half time.
7:26
Speaker 8: They've got they've got a real belief in what they're doing.
7:30
Speaker 8: He's picked players to play a particular game plan.
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Speaker 2: And they believed in that.
7:38
Speaker 8: And you know, they said at halftime, you know, the
7:40
Speaker 8: spring Box had had basically thrown everything at them, and
7:45
Speaker 8: we were leading by one point, so I was really
7:52
Speaker 8: pleased at the way they stuck at it, you know
7:55
Speaker 8: that well you saw it, the way they were dominating
7:58
Speaker 8: that scrum that sort of the thirty minute mark, I
8:01
Speaker 8: was thinking, oh, oh this is this is not looking
8:04
Speaker 8: too good. But then they came out in that second
8:09
Speaker 8: half and obviously that Fabian Holand charged down really sort
8:12
Speaker 8: of shifted the mention of the game. And you know,
8:16
Speaker 8: they had trin everything at us, and their attack didn't
8:21
Speaker 8: seem to be doing too much. We were very good defensively,
8:26
Speaker 8: and they sort of thought that, you know, they would
8:30
Speaker 8: out muscle us, especially that first half, and they had
8:32
Speaker 8: about sort of seven or eight scrums and didn't take
8:34
Speaker 8: any shots at goal. And then eventually we got to
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Speaker 8: turnover and in the whole momentum just shifted, you know, hugely.
8:44
Speaker 3: Sure, And I spoke to and we've got three more
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Speaker 3: tests to play now next in Cape Town.
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Speaker 2: I spoke to Ian Jones on Friday.
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Speaker 3: He said, you win the first one, you kind of
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Speaker 3: win them all psychologically, from a psychological point of view,
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Speaker 3: what do you reckon is going to happen next?
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Speaker 8: I think it was paramount we had to win that test,
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Speaker 8: and it was against the We're playing the double world
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Speaker 8: champions in there in their backyard at altitude and and
9:13
Speaker 8: we we nick that. So we go to Cape Town
9:15
Speaker 8: now with a degree of confidence. You know that the
9:19
Speaker 8: press here today have got into them quite a bit.
9:22
Speaker 8: They've got into Rassi and you know, I'd imagine he
9:29
Speaker 8: will make quite a few changes. But I'm you know,
9:33
Speaker 8: Cape Town's a good place for the All Blacks to play.
9:36
Speaker 8: It's almost like a home home game for us. We
9:39
Speaker 8: had a lot of support down here, so you know,
9:42
Speaker 8: we've we've we've just got to get better than what
9:45
Speaker 8: we were because the spring Box they don't go away, Ryan,
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Speaker 8: they don't like losing. They're like us, and it's going
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Speaker 8: to be one hell of a test in Capetown. But
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Speaker 8: it's really set up this whole, this whole greatest, greatest rivalry, Sarah,
10:00
Speaker 8: is that New Zealand Rugby and South African Rugby have
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Speaker 8: created is just phenomenal. The interest here is mind blowing
10:08
Speaker 8: and that's what that's what we need in rugby. We
10:11
Speaker 8: need interests like this to engage engage the fans.
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Speaker 2: Fantastic.
10:16
Speaker 3: Let's hope all of your dreams come true, Schawan. Fitzpatrick's
10:19
Speaker 3: nice to have you on the program this morning. Form
10:20
Speaker 3: of all that Captain in Johannesburg time is eighteen after
10:23
Speaker 3: five nine nine the number of text we get to
10:25
Speaker 3: Business with Vicky Price out of the UK.
10:27
Speaker 1: Next the Early Edition full show podcast on iHeartRadio powered
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Speaker 1: by News Talks ab.
10:35
Speaker 2: Herett.
10:36
Speaker 1: First, Ryan Bridge on Early Edition with Spark for business
10:39
Speaker 1: technology that keeps business moving News talksb It.
10:43
Speaker 3: Is five twenty on News Talks. Heb a lot of
10:45
Speaker 3: people texting in about the weekend's announcements, pronouncements from national
10:49
Speaker 3: and labor. This is to do with spending, but also
10:52
Speaker 3: to do with taxes. We'll get to that in just
10:54
Speaker 3: a second, but first let's go to Vicky Price's business. Vicky,
10:58
Speaker 3: nice to have you on the show, as we do
10:59
Speaker 3: every Monday morning. So in the UK, very busy week.
11:02
Speaker 3: Unemployment steady in three months to June, but you've haired
11:06
Speaker 3: payroll numbers in July down, yes.
11:10
Speaker 9: Thank you. What has been going on for quite some
11:12
Speaker 9: time now is that although unemployment is more or less
11:15
Speaker 9: keeping steady, what is really worrying is that quit a
11:19
Speaker 9: lot of people have moved to self employment for example,
11:22
Speaker 9: or perhaps doing shorter pieces of work. So quite a
11:26
Speaker 9: lot of part time, they're still counting as employed, and worryingly,
11:32
Speaker 9: its firms have been very reluctant to go out and
11:35
Speaker 9: higher moving on to using people on contracts, So proper
11:39
Speaker 9: payroll numbers have been going down for some time. And
11:42
Speaker 9: the July data, which is going to be refined a
11:45
Speaker 9: little bit more because the figures that we've got so
11:48
Speaker 9: far up for June in terms of we're all unemployment rate,
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Speaker 9: the July data suggests that the payroll numbers have continued
11:54
Speaker 9: to go down and that's to worry. When they get
11:56
Speaker 9: worked up again into what it means for unemployment, we
11:59
Speaker 9: might actually see the situation looking a little bit worse.
12:03
Speaker 2: What about inflation, both in the UK and the EU.
12:07
Speaker 9: Yes, I mean the interesting thing is that inflation has
12:09
Speaker 9: moved up to the same level. So if you look
12:11
Speaker 9: at the Eurozone and you look at the UK with
12:14
Speaker 9: gort inflation of two point nine percent, it's gone up
12:17
Speaker 9: slightly faster in the UK to that level, and in
12:20
Speaker 9: Europe it's moved from two point eight to two point nine.
12:23
Speaker 9: And that is, of course, you know, not very surprisingly
12:26
Speaker 9: all due to what's going on in the energy markets.
12:29
Speaker 9: In the UK in particular, we've had this energy cap
12:32
Speaker 9: if you want to call it that. This energy cap
12:34
Speaker 9: for households has been going up now and went up
12:38
Speaker 9: by thirteen percent in July, so it's going to be
12:40
Speaker 9: like that for the next three months. So that is
12:43
Speaker 9: immediately pushed prices up. There is this cap which is
12:45
Speaker 9: supposed to shield you against very violent changes, but it's
12:48
Speaker 9: backward looking. It sort of looks at what was happening
12:51
Speaker 9: in the wholesale markets over a period of time before
12:55
Speaker 9: that price was decided. So it's stuck without the next
12:57
Speaker 9: three months. But of course with you know, if you
13:00
Speaker 9: look at Brent crew today up to ninety four dollars
13:02
Speaker 9: a barrel. If you look at WTI app as well,
13:05
Speaker 9: So that suggests that inflation, both for the UK and
13:09
Speaker 9: for Europe is going to be going up in the
13:12
Speaker 9: coming months. So big question markets to what's going to
13:14
Speaker 9: happen to interest rates?
13:16
Speaker 2: What about markets?
13:17
Speaker 3: We've been watching the bond yields going well, longer term
13:19
Speaker 3: bond yields going up, We've been watching the sell off
13:21
Speaker 3: head and how are the markets over thereacting?
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Speaker 9: Well, Yes, I think it's very much the same story. Yes,
13:28
Speaker 9: of course, everyone is worried about what's going to happen
13:31
Speaker 9: to budgets and the physical side, because of course everyone
13:35
Speaker 9: has to spend more on defense, and also all the
13:39
Speaker 9: wild buyers that we've been discussing before in the program
13:43
Speaker 9: are all going to be quite costly and they're going
13:45
Speaker 9: to affect growth overall for the year. And the summer
13:49
Speaker 9: of course has been affected by that because usually it's
13:51
Speaker 9: a very good period for growth, but for southern European
13:54
Speaker 9: countries in particular. But what the markets are thinking is
13:58
Speaker 9: actual inflation is going to stay up higher than the
14:01
Speaker 9: head anticipator. So not only do they have to fund
14:03
Speaker 9: this debt, but also because I think inflation will be high,
14:06
Speaker 9: they need to be compensated by higher interest rates. So
14:08
Speaker 9: I'm afraid we've seen global yields, bond yields going up,
14:14
Speaker 9: and that means that the cost of servicing the debt
14:16
Speaker 9: for countries is becoming enormous. In the UK now cost
14:20
Speaker 9: one hundred and ten billion pounds a year to just
14:23
Speaker 9: bid interest on the borrowing, and of course the US
14:27
Speaker 9: hasn't even.
14:27
Speaker 3: Big enough massive numbers. Twenty four after five, Vicky appreciate
14:31
Speaker 3: the update. Vickey Price, our business correspondent, your own news
14:33
Speaker 3: Talk seb by the way. Just while we're on spending
14:37
Speaker 3: and government spending, our interest bill on government debt is
14:40
Speaker 3: nearing ten billion.
14:42
Speaker 2: Dollars a year.
14:43
Speaker 3: And over the weekend we had a bunch of announcements,
14:46
Speaker 3: one from Labor, one from National National basically saying we're
14:48
Speaker 3: not going to do any more any more new taxes,
14:51
Speaker 3: and Labour saying we have a fiscal strategy that we've released,
14:55
Speaker 3: not a physical plan that comes later. I'll explain that
14:58
Speaker 3: after five point thirty. But right now we basically spend
15:01
Speaker 3: thirty two point six percent of GDP government spending core
15:06
Speaker 3: crown spending. Labour's National wants that to be thirty percent.
15:10
Speaker 3: Labour says thirty three percent. Now the difference in spending
15:14
Speaker 3: between those two, because it doesn't seem like much, does it,
15:16
Speaker 3: thirty thirty three percent, you know, muscle manness, difference in
15:20
Speaker 3: spending is worth about almost seventeen billion dollars by the
15:24
Speaker 3: end of the decade, so not insignificant at all. Twenty
15:28
Speaker 3: five after five news talks, heb twenty seven, after five
15:31
Speaker 3: news talks, Heid be well, well, well, look who's feeling
15:34
Speaker 3: good on a Monday morning. We are little old New Zealand.
15:37
Speaker 3: Did we just beat the spring box at Alice Park. Yes,
15:39
Speaker 3: we did five tries to one at altitude, our first
15:42
Speaker 3: win in South Africa in four years, thank you very much.
15:44
Speaker 3: And that is just for starters. The Black Ferns, in
15:47
Speaker 3: case you missed it, rolled the Aussies sixty six nineteen.
15:50
Speaker 3: If you thought the all Blacks six tries were impressive,
15:53
Speaker 3: how about ten from the girls. Add to this the
15:56
Speaker 3: fact that Liam Lawson is now driving a big boy
15:58
Speaker 3: car again and the fact that it's definitely the Warrior
16:01
Speaker 3: is yere again, and you've got yourself the ingredients of
16:04
Speaker 3: something special, an overwhelming feeling of good vibes for a
16:07
Speaker 3: country that's been through a rough patch.
16:10
Speaker 2: Why stop there.
16:11
Speaker 3: We spoke about this last week, but let's just remind
16:13
Speaker 3: ourselves again of the SMP's latest growth outlook. Why not
16:16
Speaker 3: upgraded us? Thank you very much. Half a percent they
16:19
Speaker 3: reckon in twenty six, we'll hit two point four in
16:22
Speaker 3: twenty seven, two point five percent tick tick tick. This
16:27
Speaker 3: is in part because we're feeling more confident about our future.
16:30
Speaker 3: Domestic confidence is on the rise. And as for the Aussies,
16:33
Speaker 3: you don't like to laugh at misfortune, but our economy
16:36
Speaker 3: is going to grow faster than theirs. The smart key,
16:39
Speaker 3: we who bug it off to Sydney will surely return
16:41
Speaker 3: to our shores. No, the housing downturn, there's looks like
16:45
Speaker 3: the start of what we've just been through. The fact
16:48
Speaker 3: that we're predicted to grow and not off the back
16:51
Speaker 3: of a house price boom really is something else. And
16:54
Speaker 3: I know what you're thinking. You're thinking that I shouldn't
16:56
Speaker 3: jinx any of this. We're a failed box key or
17:00
Speaker 3: an if one penalty or a tariff war or real
17:03
Speaker 3: war away from collapse, misery and disaster. That may well
17:07
Speaker 3: be true, but why not take the wins where we
17:09
Speaker 3: get them and celebrate. Winter is over, nearly spring is
17:14
Speaker 3: about to spring, the sun is rising, the tider is turning.
17:17
Speaker 2: Etcetera, etcetera. Let's just enjoy Monday.
17:19
Speaker 10: Hang Bryan Bridge, five News Talks the B. We're going
17:26
Speaker 10: to get to Gavin Gray out of the UK after
17:28
Speaker 10: News at five point thirty and Cameron Begriy will weigh
17:32
Speaker 10: in on labor and the nets.
17:34
Speaker 2: And their plans for tax over the weekend, said b.
17:39
Speaker 1: The early edition Full the Show podcast on iHeartRadio, Power
17:44
Speaker 1: by News Talks at B. The first word on the
17:48
Speaker 1: news of the Day Early edition with Ryan Bridge and
17:52
Speaker 1: Spark for Business technology that keeps business moving. News talks
17:56
Speaker 1: at bree far.
18:03
Speaker 3: Away from six News Talk said be Cory says, Ryan,
18:05
Speaker 3: don't talk about the women's Warriors team. Yeah, look, it
18:08
Speaker 3: was selective. I was being selective in my praise of
18:11
Speaker 3: New Zealand in the last half an hour. Okay, we've
18:14
Speaker 3: just picked all the good bits and given you all
18:16
Speaker 3: the good bits and we're ignoring the bad. I think
18:18
Speaker 3: it was sixty six eight that they lost by at
18:20
Speaker 3: the weekend, Corey, thank you for that. Bob's feeling optimistic.
18:24
Speaker 3: World Champions the box what nonsense. They won the World
18:27
Speaker 3: Cup years ago and this All Blacks team is much
18:30
Speaker 3: better than the team that played in the World Cup.
18:32
Speaker 2: I think it's fair to say that at this point.
18:33
Speaker 3: Bob right coming up before six will go to Cameron
18:36
Speaker 3: Baggery on the politics at the weekend and Gaverners in
18:39
Speaker 3: the UK for.
18:39
Speaker 2: Us very quickly.
18:41
Speaker 3: If you are one of those marathon people and you
18:43
Speaker 3: like to travel for a marathon, which many you know
18:46
Speaker 3: lots of people out there that do that. Lots of
18:47
Speaker 3: people went to the christ Church one just recently. There's
18:50
Speaker 3: one in Sydney, this weekend and you will get a
18:52
Speaker 3: If you take part, you will get a medal. I
18:55
Speaker 3: think they're all gold, which come on, not everyone's a winner, clearly,
19:00
Speaker 3: as the Women's Warriors found out. But if you run,
19:05
Speaker 3: you will get a medal this weekend, and the medal
19:08
Speaker 3: shows the landmarks that you have just run past. Except
19:11
Speaker 3: there's been a big error. So you have the Sydney
19:13
Speaker 3: Harbor Bridge on the metal tick Sydney Opera House great,
19:17
Speaker 3: and then you will have Alien's Arena which is actually
19:23
Speaker 3: in Munich, Germany. They've put They've made a mistake and
19:25
Speaker 3: put the wrong stadium on, so it's meant to be
19:28
Speaker 3: Aliens Stadium in Sydney. They've put Aliens Arena in Munich accidentally,
19:33
Speaker 3: so the shape of the stadium just doesn't look right. Anyway,
19:36
Speaker 3: they've admitted this is a problem. They've said that it's
19:38
Speaker 3: going to happen, and it's not like they're going to
19:40
Speaker 3: try and make new medals. They're just going to give
19:42
Speaker 3: you just a medal with a Sydney Opera House, a
19:47
Speaker 3: Sydney Harbor Bridge and a stadium in Munich. Is twenty
19:50
Speaker 3: two to six rayan bridge hand effect is into needed
19:53
Speaker 3: for US this morning, Hannah, good morning, good morning. Support
19:56
Speaker 3: for the big gold mine in central Otago is getting outer.
20:01
Speaker 9: Yeah.
20:01
Speaker 11: Santana Minerals wants to develop the mind near Cromwell, estimating
20:05
Speaker 11: it could add around three hundred and sixty million dollars
20:07
Speaker 11: to GDP each year and employ about three hundred and
20:10
Speaker 11: fifty people directly, but opponents are concerned about the environmental impacts,
20:15
Speaker 11: while the hero of reports more vineyards, supplies and contractors
20:18
Speaker 11: and now publicly backing the project elevates Central chairmen to
20:22
Speaker 11: world to bears, there's more businesses in our speaking art
20:24
Speaker 11: in favor, with some previously reluctant to expressive views because
20:27
Speaker 11: they didn't want to feel victimized for showing support.
20:30
Speaker 2: Great, how about the weather.
20:33
Speaker 11: Fine then some afternoon cloud a high of eighteen.
20:35
Speaker 3: All right, thank you very much, Hannah and Clears and
20:37
Speaker 3: christ it's morning clear, good morning. So finally long awaited
20:41
Speaker 3: facelift for New Brighton more.
20:44
Speaker 12: Yeah, this is long awaited. Anyone who knows New Brighton
20:46
Speaker 12: knows it's been. It was really great and its heyday
20:48
Speaker 12: in the eighties, but it's been pretty miserable since. This
20:51
Speaker 12: is a four point two million dollar upgrade which will
20:53
Speaker 12: include some new paving, there's a central gathering space, new
20:56
Speaker 12: street lights, seating, there's some cultural artwork to go and
20:59
Speaker 12: this will take about twelve weeks to be completed. It's
21:01
Speaker 12: due to be finished though before the end of the year,
21:04
Speaker 12: good time for summer christ At City Council Planning and
21:06
Speaker 12: Delivery Transport Manager Jacob Bradbury says this is a project
21:10
Speaker 12: that has been more than a decade in the making.
21:12
Speaker 12: He says the mall will now act as a gateway
21:14
Speaker 12: to some attractions including Hippoona, timewe Are hot pools, as
21:18
Speaker 12: well as the city to see pathway they've built and
21:20
Speaker 12: will be just in time for the summer month.
21:22
Speaker 2: Fantastic. How's your weather fine?
21:24
Speaker 12: A bit of high cloud about this evening, North Westerly's
21:27
Speaker 12: dying out and a maximum of nineteen Thank you.
21:29
Speaker 3: Clear MAXI and Wellington Morning, Max, Good morning. You've got
21:32
Speaker 3: a backlog in iqre.
21:34
Speaker 13: Yeah, a story in the post. More than eight thousand
21:36
Speaker 13: people have overdue for follow up appointments in Wellington's public
21:40
Speaker 13: eye service. So basically, if you want to see an ophthalmologist,
21:43
Speaker 13: even for the first time, you very well could be
21:45
Speaker 13: waiting more than four months, even half a year. Types
21:48
Speaker 13: of issues people are suffering from in the meantime glow comma,
21:51
Speaker 13: visual loss, infections, degenerative eye disease.
21:54
Speaker 2: It is a staffing.
21:55
Speaker 13: Issue, apparently unsurprisingly prolonged vacancies. Health the New Zealand says
22:00
Speaker 13: it currently has about fifty one full time workers in
22:03
Speaker 13: the ophthalmology service in our part of the country. Apparently
22:07
Speaker 13: a lack of administrative staff is also a big issue.
22:10
Speaker 13: Saturday clinics are starting to pop up around the capital. That's,
22:14
Speaker 13: of course a band aid, not a unique problem. Ultimately,
22:17
Speaker 13: more nurses and needed full stop. This area of the
22:20
Speaker 13: system seems like it may be collateral damage in the meantime.
22:23
Speaker 2: How's your wear?
22:24
Speaker 13: The Max Fine, Northerlyast fifteen.
22:27
Speaker 3: Great date, Neva, Good morning, Good morning. Now I do
22:29
Speaker 3: remember the story contily Off. It's been two years the
22:32
Speaker 3: meth lollies that were donated to the city mission. Has
22:35
Speaker 3: the case been solved yet?
22:36
Speaker 14: Just can you believe two years?
22:38
Speaker 2: Well?
22:38
Speaker 14: Look, I can tell you that the year the three
22:40
Speaker 14: grand blocks they had an estimated street value of fifteen
22:44
Speaker 14: hundred dollars each. People remember they were the little lollies
22:48
Speaker 14: wrecked in that yellow Rinda braned pineapple flavored packaging and
22:53
Speaker 14: led to that big investigation and then the charity rushing
22:56
Speaker 14: to contact. I think there are four hundred families who
22:59
Speaker 14: might have been given potential deadly treats. But the case
23:03
Speaker 14: I can confirm unsolved at the stage, so still two
23:07
Speaker 14: years later and look the reason for there to spokesperson
23:11
Speaker 14: says that there was insufficient evidence to link this case
23:15
Speaker 14: with another with identical packaging and two men from that
23:18
Speaker 14: other case they were awaiting sentencing, so it's still unsolved.
23:22
Speaker 14: They need evidence, they haven't got the evidence.
23:25
Speaker 3: There you go, weird.
23:26
Speaker 2: How's our weather.
23:27
Speaker 14: We've got isolated light showers early this morning they will clear.
23:31
Speaker 14: A lovely fine day here in Auckland. At sixteen is
23:34
Speaker 14: the high here today.
23:35
Speaker 3: Thank you very much, enjoying you. Monday eighteen away from six.
23:38
Speaker 3: You're on News Talk SeeDB. So power plant in the
23:40
Speaker 3: UK was shut down because of a cyber attack and
23:43
Speaker 3: they reckon the cyber attack has come from IRUN. Gavin
23:46
Speaker 3: gregs Us details.
23:47
Speaker 1: Next international correspondence with ends and eye Insurance Peace of
23:52
Speaker 1: mind for New Zealand Business.
23:54
Speaker 2: Sixteen to six on News Talk SEDB.
23:55
Speaker 3: We'll get to Cameron Bagri on labor and nationals fiscals
23:59
Speaker 3: over the weekend, your cup through the noise for us.
24:00
Speaker 3: But first, Gevin Gray in the UK are UK. You're corresponding.
24:04
Speaker 3: Good to have you on the show as always given.
24:06
Speaker 3: Tell me about the power plant. That power plant hit
24:08
Speaker 3: by a cyber attack and they reckon something to do
24:11
Speaker 3: with irun.
24:13
Speaker 15: Yes, so we're not being told which power plant it
24:16
Speaker 15: was and where in the country it was, but we
24:18
Speaker 15: have had it confirmed now that one power plant was
24:21
Speaker 15: knocked out for four days by a cyber attack, and
24:25
Speaker 15: it is thought that basically this is a group of
24:28
Speaker 15: hackers that are affiliated to the Iranian regime. Now, as
24:32
Speaker 15: I said, for security reasons, they aren't saying which which
24:36
Speaker 15: particular plant got hit, but of course this is all
24:39
Speaker 15: part of our critical infrastructure, so it is incredibly important.
24:42
Speaker 15: And if the hackers were able to hit one power plant,
24:46
Speaker 15: then how many more might be susceptible to exactly the
24:49
Speaker 15: same sort of attack. So it was said to be
24:51
Speaker 15: a reasonably small scale generator and at no point was
24:55
Speaker 15: there a wider energy system risk. That's what they're saying.
24:59
Speaker 15: But you know this is now the UK's power network
25:03
Speaker 15: really is built of a number of smaller gas generators
25:05
Speaker 15: providing short term power, so this is something they're very,
25:08
Speaker 15: very worried about. The government has been in touch with
25:10
Speaker 15: other generators to warm them.
25:12
Speaker 3: And the fact that they were able to shut it
25:13
Speaker 3: down for four days. I mean it might have been
25:15
Speaker 3: a small one, but to shut it down for four days,
25:17
Speaker 3: it's not insignificant, is it.
25:19
Speaker 15: No, Absolutely, And it only takes them to get into
25:22
Speaker 15: a few systems for this to be a major problem
25:25
Speaker 15: for the UK.
25:25
Speaker 3: Hey, Harry and Meghan coming home obviously going to need
25:28
Speaker 3: some work to pay for all the illegal bills, but
25:30
Speaker 3: they might be short on film roles at.
25:32
Speaker 15: Least, yes they might so. I think part of the
25:35
Speaker 15: reason that the Sussexes are looking perhaps to come back
25:38
Speaker 15: to the UK is that it's been widely reported that
25:41
Speaker 15: Meghan Mark or the Duchess of Sussex, was being offered
25:46
Speaker 15: a part or in good talks anyway with the Gentleman.
25:49
Speaker 15: Now it's on Netflix. It's a well regarded, well reviewed
25:52
Speaker 15: series organized by Guy Ritchie. Of course, he of Lockstock
25:56
Speaker 15: and Two Smoking Barrels and other films like that. Now,
25:58
Speaker 15: apparently he and Mega Markel had been in some discussions,
26:02
Speaker 15: or at least a company had been in discussions, but
26:05
Speaker 15: it now is being rumored that they have all gone
26:09
Speaker 15: cool on it and Meghan Markel is not now being
26:11
Speaker 15: offered a part in the next series. As you say,
26:14
Speaker 15: they haven't arrived back in the UK, but no sooner
26:17
Speaker 15: have they announced it that they got the bad news
26:20
Speaker 15: that Harry among six other celebrities were going to be
26:23
Speaker 15: charged at least twenty two million New Zealand dollars as
26:27
Speaker 15: the initial downpaymer for the court case that they lost
26:29
Speaker 15: against Associated newspapers that's Daily Mail Mail on Sunday here
26:33
Speaker 15: over phone hacking allegations. So Megan is going to be
26:37
Speaker 15: need to doing something and not quite sure where they
26:39
Speaker 15: see their future here and big discussion still about their security,
26:44
Speaker 15: what is it, who's paying for it and where's it
26:46
Speaker 15: coming from. And already it has been revealed that Harry
26:51
Speaker 15: made a quote desperate plea to the Home Secretary to say,
26:55
Speaker 15: apparently the decision has been made, what is the decision
26:58
Speaker 15: about my security? And it would see I'm a fair
27:00
Speaker 15: question if he's intending to move.
27:02
Speaker 3: Here certainly what Thanks very much for the update. That's
27:05
Speaker 3: Kevin Gray are UK europe correspondent. It's twelve to six,
27:08
Speaker 3: so over the weekend. Labour banking on a capital gains
27:11
Speaker 3: tax to get the books back in surplus by twenty
27:13
Speaker 3: nine to thirty. Their fiscal plan target spending in revenue
27:15
Speaker 3: at around thirty three percent of GDP. Remember the NATS
27:18
Speaker 3: are targeting thirty net debt. They say twenty percent over time.
27:22
Speaker 8: We won't balance the books by shrinking the economy. National
27:26
Speaker 8: has tried it and it hasn't worked.
27:29
Speaker 3: That capital gains tax, though only expected to raise one
27:31
Speaker 3: point three billion by twenty thirty one. Meanwhile, National says
27:34
Speaker 3: no new taxes this election. That means no bid tax,
27:38
Speaker 3: no bank tax. What you've got as a commitment from
27:40
Speaker 3: the government to explore that in twenty twenty seven, we'll
27:43
Speaker 3: do that working with Auckland, Cameron Bagri independent economists with
27:46
Speaker 3: us this morning. Cameron, good morning, good morning. Right, let's
27:50
Speaker 3: start with labor.
27:51
Speaker 16: What do you reckon, Well, a fiscal plan, you've got
27:56
Speaker 16: to deliver on the plan. We're facing choices. Yeah, So
28:00
Speaker 16: if you want to government spending around thirty three percent
28:03
Speaker 16: of GDP, which is where it broadly sits at the moment,
28:07
Speaker 16: and we're running a fiscal deficit, and they go from fiscal
28:10
Speaker 16: deficit into surplus, you've got to pull the tax leader. Now,
28:13
Speaker 16: taxes we pay will go up over time because what's
28:17
Speaker 16: called fiscal drag. That's just says you have bench into
28:19
Speaker 16: or higher tax bracket. That's probably going to give the
28:22
Speaker 16: government about three billion dollars over the next sort of
28:24
Speaker 16: four years. So you sure of get you're part way there,
28:27
Speaker 16: but there is going to have to be other revenue lifted.
28:30
Speaker 16: So it's a bit of a trade off, you Ryan,
28:32
Speaker 16: we want better health services or do are we fair
28:35
Speaker 16: to pay more tax? Because it looks like that's the
28:36
Speaker 16: battle line heading into this election.
28:39
Speaker 3: What about the fact that they were calling this so
28:41
Speaker 3: this is their fiscal strategy, but they haven't given us
28:44
Speaker 3: yet their fiscal plan, which is the more detailed version
28:47
Speaker 3: that will tell us actually in the next four years
28:50
Speaker 3: whether these numbers are actually going up or down.
28:52
Speaker 2: Right.
28:54
Speaker 16: Yeah, Well, every political party heading into the election is
28:57
Speaker 16: going to have to deliver a fiscal plan the details
29:00
Speaker 16: regard to how the numbers are going to stack out.
29:02
Speaker 16: What we see in the past week from both the
29:03
Speaker 16: mainstream political parties is a strategy. Here's the bull of
29:07
Speaker 16: parameters in regard to how we would like to run
29:10
Speaker 16: things over the next sort of four to five years.
29:12
Speaker 16: Of course you need to see the deliverables, how the
29:15
Speaker 16: number is going to stack up and what we know.
29:17
Speaker 16: The truture has been very clear within the documents. Is
29:19
Speaker 16: it we faced complicated trade offs, very hard trade offs
29:23
Speaker 16: for the next sort of three to four years. Because
29:26
Speaker 16: your governments want to show the fiscally prudent responsible, they
29:30
Speaker 16: want to play a money in infrastructure and you've got
29:32
Speaker 16: core government services that you want to maintain.
29:35
Speaker 3: Why is labor talking about those capital gains tax when
29:38
Speaker 3: when it was announced the capital gains tax was going
29:40
Speaker 3: to pay for doctors visits. Why is that material here?
29:45
Speaker 16: Well, I have no problems with capital gains. I think
29:48
Speaker 16: that money should be back into paying free hospital doctors,
29:51
Speaker 16: bits for something like in the South, any social assistance.
29:55
Speaker 16: I like to see that it's pretty well targeted towards
29:57
Speaker 16: select groups in society. The fact that it is unit
30:00
Speaker 16: it was a problem my head with the policy now.
30:03
Speaker 3: And also if you look at where property values are increasing,
30:06
Speaker 3: it's sort of I mean it's South Island, you know,
30:10
Speaker 3: it's Queenstown Lakes. Is it possible that this tax will
30:14
Speaker 3: be paid or spread unevenly across New Zealand?
30:19
Speaker 16: Potentially, look what we've got at the moment, You've got
30:21
Speaker 16: a two speed economy. Generally speaking, things are a lot
30:24
Speaker 16: stronger down south. That queens in its own little bubble.
30:28
Speaker 16: A lot of people would sort of say, but Southlands
30:30
Speaker 16: are Tigo. It Canterbury leading the economic charge economically. So
30:36
Speaker 16: when you're getting better economics and have the equation of
30:38
Speaker 16: course the housing market, it's going to look a little
30:40
Speaker 16: bit better. What we're seeing up up north particularly is
30:44
Speaker 16: it's symptomatically New Zealands economic model, new Zeonds old economic model.
30:49
Speaker 16: We're selling more expensive houses to each other where you
30:51
Speaker 16: don't get fundamentally rich plant net model. That model has
30:54
Speaker 16: actually glowing up in the past with a few years,
30:56
Speaker 16: and we're adjusting to a new economic model which involves
30:59
Speaker 16: product growth, sevestent natural resources and better economic policy.
31:04
Speaker 3: Cameron Berger, Independent Econists, Good to Tavy on the show.
31:06
Speaker 3: This morning time is eight minutes away from six. Could
31:10
Speaker 3: you have a sort of a South Island capital gains
31:12
Speaker 3: tax paying for healthcare, a free doctor's visit for a
31:17
Speaker 3: hermbay rich lister. You know that'll be a question eight
31:21
Speaker 3: to six News Talks. Heb Mike next.
31:23
Speaker 1: Get ahead of the headlines on early edition with Ryan
31:27
Speaker 1: Bridge and Spark for Business Technology that keeps business moving.
31:32
Speaker 2: News Talks EDB.
31:33
Speaker 3: Six to six News Talks, heb John says Ryan, after
31:35
Speaker 3: the horrific hit and run including teenagers at the weekend,
31:39
Speaker 3: I'm picking that top will be pleased. They had quietly
31:42
Speaker 3: removed their dumb idea of not putting anyone before the
31:44
Speaker 3: courts until they were twenty five. John, They haven't that,
31:47
Speaker 3: They've said removed the twenty five age, but they haven't
31:51
Speaker 3: changed the policy. They're still deciding what the.
31:54
Speaker 2: Age should be.
31:54
Speaker 3: So TBC five to two Bryan Bridge, Morning, Mike. Now
32:00
Speaker 3: you've got a Liam Lawson update for us this morning,
32:03
Speaker 3: haven't you.
32:03
Speaker 2: You can tell us how he's done.
32:04
Speaker 3: Oh, he did very well.
32:05
Speaker 17: It was fantastic, a very interesting race apart from anything else,
32:08
Speaker 17: and Vstapan didn't finish. That's the important part. So what
32:11
Speaker 17: you want to do if you don't follow F one,
32:13
Speaker 17: is you want to equal your teammate. In Verstappin's case,
32:16
Speaker 17: of course, he's the greatest driver of a generation. He qualified.
32:20
Speaker 17: Liam qualified within a tenth of a second of the Stappen,
32:23
Speaker 17: which is all you can ask for, if not more.
32:26
Speaker 17: For Stappham crashed out after a couple of laps, his
32:28
Speaker 17: own fault, and so therefore Liam was left to come seven.
32:31
Speaker 17: So he started finished second. You can't ask for anything
32:35
Speaker 17: more than that.
32:36
Speaker 3: And this is in the car that's harder for him
32:38
Speaker 3: because he hasn't been driving.
32:39
Speaker 17: It's a completely different car, so he had to adapt
32:41
Speaker 17: over the weekend, made slightly more complicated by the fact
32:44
Speaker 17: that was a sprint weekend, so you only get one practice.
32:47
Speaker 17: You get one practice, then you qualify for sprint. So
32:49
Speaker 17: you did the sprint race and then you go on
32:50
Speaker 17: to the qualification for the GP. Also important to remember
32:54
Speaker 17: that Hadges probably out, no one knows, but they're probably
32:57
Speaker 17: out for five or six weeks. There's a gap this weekend,
33:00
Speaker 17: then there's a couple in a row, so he will
33:02
Speaker 17: be in for at least three races.
33:05
Speaker 2: All keep it up.
33:06
Speaker 17: All of it's good and the other I listen to
33:08
Speaker 17: Fitsy on your show this morning. Do you reckon? I mean,
33:11
Speaker 17: who doesn't love Fitzy?
33:13
Speaker 2: Do you reckon?
33:13
Speaker 17: They get psychologically bogged down with what used to happen.
33:16
Speaker 17: I mean it's a different team.
33:17
Speaker 16: Right.
33:18
Speaker 17: We spent all of last week going you know why
33:21
Speaker 17: couldn't we win?
33:22
Speaker 3: Why can't Well it is all psychological, yeah, but that's
33:25
Speaker 3: what that's what I'm saying.
33:26
Speaker 17: But these are different team, different time, different plays, you
33:31
Speaker 17: know what I mean?
33:32
Speaker 2: Every every every day should be in your occasion.
33:34
Speaker 3: Yes, and theory, but you it would be hard not
33:37
Speaker 3: to get bogged done, especially alice a Park with all
33:39
Speaker 3: of the who do?
33:41
Speaker 2: But I see this, I do.
33:42
Speaker 17: Think, are you getting bogged down by who do?
33:45
Speaker 2: But isn't it amazing? What just changing exactly change that
33:49
Speaker 2: can do?
33:50
Speaker 3: Attitude is everything.
33:51
Speaker 17: So that was good And of course you haven't mentioned theris.
33:56
Speaker 2: I did mention where are they? Where are they top
33:58
Speaker 2: of the table?
33:59
Speaker 17: If you can't get any high on the top of
34:01
Speaker 17: the term.
34:01
Speaker 3: Again, no you can't. Happy Monday, Mike's with your Next
34:04
Speaker 3: Tier on News Talk TIB.
34:11
Speaker 1: For more from early edition with Ryan Bridge. Listen live
34:14
Speaker 1: to News Talks it B from five am weekdays, or
34:18
Speaker 1: follow the podcast on iHeartRadio.