Latest / Early Edition with Ryan Bridge / Full Show Podcast: 10 October 2024

Transcript

Full Show Podcast: 10 October 2024 · Early Edition with Ryan Bridge

0:01
Speaker 1: The issues, the interviews and the inside. Ryan Bridge new
0:08
Speaker 1: for twenty twenty four on the early edition with Smith City,
0:12
Speaker 1: New Zealand's furniture vans and a playing store.
0:14
Speaker 2: Youth talks.
0:15
Speaker 3: It'd be good morning, welcome to your Thursday. Just gone
0:18
Speaker 3: six after five. Coming up on the show before six,
0:20
Speaker 3: the OCR reduction.
0:22
Speaker 4: A window of.
0:23
Speaker 3: Opportunity has opened for homeowners. How long do you have
0:27
Speaker 3: to jump through it? We'll look at that before six.
0:29
Speaker 3: Also this morning, Hurricane Milton is about to make landfall
0:32
Speaker 3: in Florida. Why people aren't evacuating even though they're being
0:36
Speaker 3: told to? Our US correspondent explained Northland's getting some well
0:40
Speaker 3: I think short changed on the power Piland debarcle and
0:45
Speaker 3: what did Ukraine get putin for his birthday?
0:50
Speaker 2: The agenda.
0:51
Speaker 4: It is Thursday, the tend of October. Category four.
0:54
Speaker 3: Now, this Hurricane Milton, it's just hours away from making
0:57
Speaker 3: landfall in Florida, looks dangerous.
1:00
Speaker 5: Hurricane Milton is still a major, very strong hurricane. While
1:05
Speaker 5: there is the hope that it will weaken more before landfall,
1:10
Speaker 5: there is high confidence that this hurricane is going to
1:13
Speaker 5: pack a major, major punch and do an awful lighter damage.
1:18
Speaker 3: Big Warrior is storm surges of up to three meters.
1:21
Speaker 3: Boeing has withdrawn its thirty percent pay rise off it
1:24
Speaker 3: to its thirty thousand workers who've been on strike for
1:26
Speaker 3: almost a month.
1:27
Speaker 4: We've been talking about this for that long.
1:29
Speaker 3: The union has rejected the offer, saying it wants forty percent,
1:33
Speaker 3: so Boeing now playing hardball. Negotiations have since broken down,
1:36
Speaker 3: with no further talks planned. A hell of a firestorms
1:40
Speaker 3: erupting in the US. Karmela's campaign is distancing itself from
1:44
Speaker 3: running mate Tim Wolves. Nothing funny about this. Wolves says
1:50
Speaker 3: he wants to scrap the electoral college system. That's the
1:53
Speaker 3: two hundred and seventy you need to win, and he
1:57
Speaker 3: said we should be going with just the popular vote.
1:59
Speaker 3: This this is hugely controversial. It's part of their constitution.
2:02
Speaker 3: Messing with the constitution is like touching Donald Trump's here,
2:05
Speaker 3: you just don't do it.
2:07
Speaker 4: What's worse, He.
2:09
Speaker 3: Said it during a private fundraiser with some wealthy Hollywood
2:12
Speaker 3: elites at the home of California government Gavin Newsom. Half
2:18
Speaker 3: of KVY mortgage holders are crouching in the bushes this morning,
2:22
Speaker 3: ready to pounce on a slashed ocr.
2:25
Speaker 6: Around half of mortgage borrowing is now fixed or floating
2:30
Speaker 6: for six months or less. That, by the way, is
2:33
Speaker 6: the largest amount since records began in twenty seventeen.
2:37
Speaker 3: My advice keep crouching, not that you listen to me.
2:40
Speaker 3: We're expecting another fifty basis point cut in November. When
2:44
Speaker 3: you add that to August and the one from yesterday,
2:46
Speaker 3: that's one hundred and twenty five basis points one point
2:49
Speaker 3: two five percent by Christmas, and we will get more
2:52
Speaker 3: next year. The Reserve Bank takes a beach break back
2:56
Speaker 3: in February.
2:57
Speaker 1: The first word on the News of the day the
3:00
Speaker 1: early edition with Ryan Bridge and Smith City, New Zealand's
3:04
Speaker 1: furniture beds and a playing store, New Talk Zipy.
3:07
Speaker 3: So we've done it, New Zealand. Congratulations, we have done it.
3:11
Speaker 3: The war is over. CPI is now within licking distance
3:16
Speaker 3: of its mid point two percent, which is in the
3:18
Speaker 3: target range, the midpoint of the target range. Of course,
3:22
Speaker 3: we should be angry. We should be angry. We had
3:26
Speaker 3: to go to war in the first place, and it
3:27
Speaker 3: was the same general, if you will, in Adrian Or
3:31
Speaker 3: it's brought the boys home, same guy that sent them
3:34
Speaker 3: packing to the bloody fields of punishingly high mortgage interest rates.
3:40
Speaker 3: And that's because of well we all know this story,
3:42
Speaker 3: too much larges, both monetary and fiscal, helping to drive
3:46
Speaker 3: rates up, prices up, and then the rates had to follow.
3:50
Speaker 4: And it's my.
3:50
Speaker 3: First experience of inflation. I'm what thirty six years old,
3:56
Speaker 3: first experience with inflation. And what a horrific heat leiness, brutal,
4:02
Speaker 3: ugly enemy.
4:03
Speaker 4: She is or he is.
4:04
Speaker 3: Don't want to be sexist to inflation, man, boy, I
4:11
Speaker 3: didn't know how it would make you feel. I mean,
4:13
Speaker 3: you learn about this and when you do economics at school,
4:15
Speaker 3: you learn about the theory of it, you understand the
4:18
Speaker 3: machinations of it. But the way that it makes you feel,
4:21
Speaker 3: it's the lack of control. And then it's like you're
4:24
Speaker 3: stuck in a whirlpool and it's just going round and
4:27
Speaker 3: around and around, and you look up and there is
4:30
Speaker 3: a life raft and on that life raft is Desender
4:34
Speaker 3: an Adrian pouring more water in.
4:37
Speaker 7: Ah.
4:38
Speaker 3: Anyway, we've won the war. We won the war. That
4:42
Speaker 3: is the good news this morning. We've made the sacrifices
4:44
Speaker 3: and we have won the war. What are the lessons?
4:47
Speaker 3: The lessons pay down your debt fast, become more self reliant.
4:52
Speaker 3: Think before we vote. We must think more before we vote.
4:56
Speaker 3: When politicians promise things, and you see them doing it
4:59
Speaker 3: over in the States at the moment when they promise
5:01
Speaker 3: you things, ask them how much does that cost and
5:05
Speaker 3: where are you getting that money from? How is that
5:08
Speaker 3: being funded? Because when the shit hits the fan, and
5:11
Speaker 3: it will again, there is no doubt about that. These
5:15
Speaker 3: are the lifeguards on the side of the pool. Please, please,
5:18
Speaker 3: for the love of God, make sure they can swim.
5:22
Speaker 3: Ryan Bridge, eleven minutes after five. We'd love to get
5:29
Speaker 3: your feedback this morning. Nine two ninety two is the
5:31
Speaker 3: number two text. Hey, also just a quick bit of
5:36
Speaker 3: news out of Ukraine. So it's Putin's seventies second birthday.
5:41
Speaker 3: We were talking about this yesterday because Kim Jong sent
5:44
Speaker 3: him a love letter saying you're my best friend. I mean,
5:49
Speaker 3: it's a lonely world that you know, when you're a dictator,
5:52
Speaker 3: I imagine you don't have many friends. So today he's got
5:58
Speaker 3: his present from Ukraine has pushin his seventy second birthday
6:04
Speaker 3: gift was a massive hack cyber attack on Russia. To
6:10
Speaker 3: celebrate the birthday, they've taken out a whole bunch of stuff, businesses,
6:13
Speaker 3: TV stations, you name it.
6:15
Speaker 4: Happy Birthday to President.
6:17
Speaker 1: Pushin on your radio and online on iHeartRadio. Early edition
6:29
Speaker 1: with Ryan Bridge and Smith City, New Zealand's furniture Beds
6:33
Speaker 1: and a playing store.
6:34
Speaker 4: News Talk said be past five.
6:36
Speaker 3: News Talk said, B we'll give you an update on
6:38
Speaker 3: Hurricane Milton, which is making lambfall and Florida at the moment,
6:42
Speaker 3: lots of people aren't evacuating. There will tell you why.
6:45
Speaker 3: We're with a US correspondent. That's just before six this morning.
6:48
Speaker 3: In our neck of the woods, the neewer predictions have
6:51
Speaker 3: come out. This is the Southwest Pacific Tropical cyclone outlook
6:55
Speaker 3: for this season, running from November through April, indicating a
6:59
Speaker 3: normal to below normal activity level. So it sounds so far,
7:04
Speaker 3: so boring. The interesting part is that it's not really
7:07
Speaker 3: the cyclones that hit us, it's the ones that brush
7:09
Speaker 3: by us, as Gabrielle did, and for that we have
7:14
Speaker 3: a normal to elevated risk.
7:16
Speaker 4: So although there are tipped to be.
7:17
Speaker 3: Fewer hurricanes going through our region, the chances of one
7:21
Speaker 3: of them hitting us are normal or elevated. This is
7:25
Speaker 3: within five hundred and fifty kilometers of New Zealand, so
7:28
Speaker 3: bad news in some ways good news for the rest
7:32
Speaker 3: of the region. And we're going to look at this
7:34
Speaker 3: issue of the government's response to cyclones. The government is
7:38
Speaker 3: responding this morning to the North Island storms report that
7:41
Speaker 3: is embargo till five thirty, So after five point thirty
7:44
Speaker 3: i'll give you more details on what exactly.
7:46
Speaker 2: They're going to do brian Bridge.
7:48
Speaker 3: Right now, though, from one disaster to another. That pylon
7:51
Speaker 3: up in Northland that fell over and caused something different
7:56
Speaker 3: impacts and damage across the region. Trans Power is going
8:01
Speaker 3: to be paying one million dollars towards resilient power projects
8:05
Speaker 3: for Northland following that transmission tower collapse. Grant McCallum is
8:09
Speaker 3: the Northern the MP. He's with us this morning, Grant, good.
8:11
Speaker 4: Morning, right.
8:13
Speaker 8: And the difference between this and the cyclone damage is
8:17
Speaker 8: that this was not an act of God. It was
8:18
Speaker 8: an active and competence.
8:19
Speaker 4: But we all know that, yes, quite right. Is this
8:22
Speaker 4: enough to make up for it?
8:24
Speaker 8: No, of course not. I don't think anyone's under illusion
8:27
Speaker 8: about that. But I think one a lot of people
8:29
Speaker 8: don't realize is that Transpower do not have to guarantee
8:32
Speaker 8: power supply it's in the Act. And so to actually
8:36
Speaker 8: get them to give up cough up with anything is
8:38
Speaker 8: it was quite a challenge to be fair, but we managed.
8:42
Speaker 8: So we managed to squirrel a million dollars out of them,
8:44
Speaker 8: which we'll use two A region wide projects and benefit
8:48
Speaker 8: of Northland. Not not a lot of money, really, but
8:51
Speaker 8: at least it's an acknowledgment and a good will payment
8:54
Speaker 8: sense that they did actually cause some harm to the
8:57
Speaker 8: people of Northland.
8:58
Speaker 3: What do you reckon? The cost was tens of millions.
9:00
Speaker 8: Well, well it was. I've seen estimates ranging from forty
9:04
Speaker 8: to eighty million, So take your pick, you know.
9:06
Speaker 4: And they gave you one. They gave you one.
9:09
Speaker 8: Yes, but they started at zero and when they're obliged
9:13
Speaker 8: to do nothing in this case, so that so we
9:18
Speaker 8: did our best to get some money out of them.
9:20
Speaker 8: Do you say that's what we came up.
9:21
Speaker 3: Do you think there should be some kind of lord
9:23
Speaker 3: change so that they're not they're obliged to do.
9:25
Speaker 4: More than zero.
9:26
Speaker 8: Well, ultimately I suppose that come would come down to
9:29
Speaker 8: the how much you will pe to pay for power? Because,
9:32
Speaker 8: as it had explained to me, if we if we
9:34
Speaker 8: may have to make everything more resilient, it'll cost more
9:36
Speaker 8: and the power prices go up. So I think as
9:39
Speaker 8: long as people that undo bolts unnecessarily, we should be fine.
9:42
Speaker 3: Right Northland, I didn't realize this. Northland, you're actually a
9:46
Speaker 3: net exporter of energy. You've got your geo them on
9:49
Speaker 3: your Kai car. You've got a big solar going in.
9:52
Speaker 3: Can you are you confident in the lines the distribution
9:55
Speaker 3: to get it down country to us?
9:57
Speaker 8: This is a real opportunity. Actually we're not quite And
10:00
Speaker 8: then explored right there on the verge, we've got the
10:02
Speaker 8: potential that if we upgrade the transmission lines from Marsden
10:05
Speaker 8: Point North up to Kaikohe and kok Tire and I
10:09
Speaker 8: was arguable we can then generate another six hundred bigger
10:11
Speaker 8: Watson conceded energy, including increasing they there Martha, and that
10:16
Speaker 8: will make a real difference to Northland and also supply
10:19
Speaker 8: energy from the North into Auckland, which will help them
10:21
Speaker 8: because at the moment all their energy comes from the south.
10:24
Speaker 4: Yeah. No, it'd be lovely to have some from you guys.
10:27
Speaker 9: And you know, you know what's happened for it tur
10:29
Speaker 9: if we get.
10:29
Speaker 4: You charge away.
10:31
Speaker 3: But you know what happens as soon as Auckland's involved,
10:34
Speaker 3: and you know everything will be done, will be fixed
10:37
Speaker 3: and done quickly.
10:38
Speaker 8: You know, well, well you know that's there might be
10:41
Speaker 8: a word called leverage we can be trying to use
10:43
Speaker 8: there right absolutely.
10:44
Speaker 3: Hey, thanks very much for your time this morning. Great
10:47
Speaker 3: to have you on Grant McCallum, Northland MP. So there
10:49
Speaker 3: you go, getting a million bucks, which is, as it says,
10:51
Speaker 3: better than none.
10:52
Speaker 2: News and views you trust to start your day.
10:55
Speaker 1: It's early edition with Ryan Bridge and Smith City, New
10:59
Speaker 1: Zealand's furniture.
11:00
Speaker 2: It's and a flying store you've talk zibby.
11:02
Speaker 3: Update on Hurricane Milton and Florida coming your way very shortly.
11:06
Speaker 3: Lots of great texts on inflation, will get to those two.
11:09
Speaker 3: Chinese stocks have suffered their worst fall in twenty seven years.
11:13
Speaker 3: You know that we've been speaking about this. The Chinese
11:15
Speaker 3: government has been trying to stimulate the economy, which has
11:19
Speaker 3: been well a bit lackluster of late. I mean they're
11:22
Speaker 3: still growing, but it's not great for China anyway. They
11:25
Speaker 3: were expecting more because once you put your hand out,
11:27
Speaker 3: people expect the hands to keep getting put out. Hasn't
11:30
Speaker 3: and so stocks are falling, suffering their worst fall than
11:33
Speaker 3: twenty seven years. We'll have more on that a little later,
11:36
Speaker 3: just gone twenty two, after five Ryan Bridge. Air pollution
11:39
Speaker 3: is gradually getting better in New Zealand, but much of
11:42
Speaker 3: the air we breathe is still more polluted than The
11:44
Speaker 3: World Health Organization recommends doctor Guy Colson as the director
11:47
Speaker 3: of the Air Quality Collective.
11:48
Speaker 4: He's with us this morning. Good morning, cure rome is
11:53
Speaker 4: ear so bad here order to kill us?
11:56
Speaker 9: Sorry sir, that again?
11:57
Speaker 4: Is the air so bad in New Zealand that could
11:59
Speaker 4: kill us.
12:02
Speaker 9: In some places? Yes? I mean generally air quality in
12:05
Speaker 9: New Zealand's very very good, you know, but there are
12:09
Speaker 9: small pockets where we could do better. And our best
12:14
Speaker 9: estimate at the moment is that something of the region
12:17
Speaker 9: and three thousand people die each year as a direct
12:22
Speaker 9: result of air pollution where they live.
12:27
Speaker 3: How do we know that these people die from the pollution?
12:29
Speaker 3: Do they live literally next to a motorway?
12:36
Speaker 9: I can't give you their names and addresses. It never
12:38
Speaker 9: said on anyone's death certificate that they died of their pollution.
12:42
Speaker 9: This is a statistical measure, if you like. We know
12:46
Speaker 9: from epidemiological studies around the world that an increasing level
12:53
Speaker 9: of air pollution leads to an increasing number of corresponding
12:57
Speaker 9: number of deaths. A statistical association. You know that as
13:03
Speaker 9: air quality increases, the number of people turning up our
13:06
Speaker 9: hospital or dying will go up as a function of that.
13:11
Speaker 3: This motion concentration, this gradual improvement in our air pollution
13:17
Speaker 3: thanks to what cleaner cars, heat pumps and things.
13:20
Speaker 4: Is this a good thing? Does this meme? We're sort
13:22
Speaker 4: of on the right track.
13:24
Speaker 9: It's going in the right direction, definitely, Yes, it's just
13:27
Speaker 9: happening rather slowly. So when our air quality legislation came
13:33
Speaker 9: in about twenty years ago, there were a lot of
13:36
Speaker 9: places that were very bad and they improved rapidly till
13:41
Speaker 9: they met the legislation and then for the most part
13:45
Speaker 9: improvement from there has been very slow. But yes, we
13:53
Speaker 9: then what's going in the right direction, but as usual,
13:56
Speaker 9: could be better.
13:57
Speaker 3: Where is the best place in New Zealand if you
14:00
Speaker 3: if you do worry about pollution, where's the place to live.
14:05
Speaker 9: Out of the main town centers. So if the large
14:11
Speaker 9: town centers like Auckland, Wellington, christ Church have a traffic
14:18
Speaker 9: pollution problem, and then small towns in the rest of
14:22
Speaker 9: the country, particularly sort of south Ireland.
14:27
Speaker 3: I think we just lost them. Yes, I think we
14:31
Speaker 3: have too. Anyway, that was Dr Guy Colson, director of
14:34
Speaker 3: Air Quality Collective. The interesting thing about the Equality Collective,
14:37
Speaker 3: so he was part of a bunch of guys who
14:39
Speaker 3: were employed at Kneewha to look at ear quality monitoring.
14:42
Speaker 3: They got fired because made redundant because of change is there.
14:46
Speaker 3: He's now gone and set up with his buddies, an
14:49
Speaker 3: independent group and they are contracting back to the government.
14:52
Speaker 3: He says, at the moment, the government doesn't have any
14:55
Speaker 3: any ear quality monitoring experts on hand. Space Just go
15:00
Speaker 3: out somewhere in the country and the wind and breathe
15:03
Speaker 3: if you're really feeling you know, if you've got a
15:05
Speaker 3: bad chest issue, just don't live under a motorway. Twenty
15:10
Speaker 3: five after five.
15:11
Speaker 1: The early edition Full the Show podcast on iHeartRadio Power
15:15
Speaker 1: by News TALKSB.
15:17
Speaker 3: You're on News TALKSB. It is twenty seven minutes after five. Lookout,
15:21
Speaker 3: kiwe's your power bill is about to go up. I know,
15:24
Speaker 3: I know we're celebrating this morning. The ocr the money
15:27
Speaker 3: back in your pockets is coming and fation coming down.
15:29
Speaker 3: But MB has warned the government that electricity prices are
15:33
Speaker 3: likely to rise significantly over the next two years. This
15:37
Speaker 3: is a story from Business Desk. See, we have all
15:41
Speaker 3: seen the spot prices market increase skyrocket even but we
15:44
Speaker 3: haven't felt that at home because our gen Taylor's, the
15:47
Speaker 3: guys that we get it off, insulate us by hedging.
15:50
Speaker 4: Right.
15:51
Speaker 3: However, getting power to us is expensive, and we've just
15:55
Speaker 3: been talking to Grant McCallum from north And about this
15:58
Speaker 3: exact point. Forty percent of our bill is distribution and transmission.
16:03
Speaker 3: Forget your whether whether the wind blows, you know, the
16:06
Speaker 3: sun shines, the rainfalls, whatever. Just getting it to us
16:09
Speaker 3: costs almost half of our total and that job is
16:12
Speaker 3: done by essentially monopolies, the distributors, the lines companies transpower,
16:16
Speaker 3: so the Commerce Commission regulates.
16:17
Speaker 4: Their profits, right, we would expect them to do that.
16:20
Speaker 3: Five year contracts, next contract up for a neural march,
16:25
Speaker 3: your household bill for electricity could go up fifteen dollars
16:29
Speaker 3: per month or one hundred and eighty dollars per year.
16:32
Speaker 3: For some households that will be twenty dollars per month
16:35
Speaker 3: two hundred and forty dollars per year. They say, this
16:39
Speaker 3: is the NB advice. There is a serious risk that
16:42
Speaker 3: some homes won't be able to afford heating. And we
16:45
Speaker 3: know what happens when people can't heat their homes. The
16:47
Speaker 3: hospitals fill up. Industry and business feel the squeeze, and
16:51
Speaker 3: our thin growth forecast could also be squeezed by something
16:55
Speaker 3: like this. So what's the moral of the story. Well, basically,
16:58
Speaker 3: go and buy yourself a nice warm jumper, get a
17:01
Speaker 3: hot water bottle. And if you are single and living alone,
17:06
Speaker 3: you have until April to find someone to cuddle at
17:08
Speaker 3: night twenty nine and.
17:10
Speaker 2: After five, Ryan Bridge, I can't give you.
17:12
Speaker 4: Any more else than that.
17:13
Speaker 3: Really, We're coming up to news Hurricane Milton and the
17:18
Speaker 3: OCEA after that.
17:30
Speaker 1: Ryan Bridge New for twenty twenty four on early edition
17:34
Speaker 1: with Smith City, New Zealand's Furniture Beds and a playing store.
17:37
Speaker 2: News Talk Zibby, Good.
17:45
Speaker 4: Morning New Zealand.
17:46
Speaker 3: There's twenty four away from six News Talk ZIBB. Hurricane
17:50
Speaker 3: Milton is touching down in Florida right now. There are
17:54
Speaker 3: reports of tornadoes that are hitting particularly motorways. Sections of motorways.
17:58
Speaker 3: This as people are obviously trying to flee they have
18:01
Speaker 3: been given evacuation orders. We'll hear from one shortly on
18:04
Speaker 3: why they are not evacuating. We're also live to a
18:07
Speaker 3: US correspondent just before six, the OCRs come down. So
18:11
Speaker 3: is now if you're waiting, crouching, pausing before you engage
18:17
Speaker 3: in a house price purchase, a house purchase, they should say,
18:21
Speaker 3: is now the time to jump? We'll ask real estate
18:24
Speaker 3: agent of all people just before six, they're probably going
18:27
Speaker 3: to say jump, aren't they? Because they're trying to sell
18:28
Speaker 3: houses anyway. I just thought I would let you know
18:31
Speaker 3: because Mike is going to be speaking to Mark Mitchell
18:34
Speaker 3: just after he kicks off his show at six o'clock
18:36
Speaker 3: this morning. But the government has responded to a report
18:40
Speaker 3: that looks at the Civil Defense emergency response to Cyclone
18:45
Speaker 3: Gabrielle in North Island's floods, and there's lots of detail
18:48
Speaker 3: in there, lots of things that they want to change,
18:50
Speaker 3: like giving effect to the whole of society approach to
18:54
Speaker 3: emergency management, which basically means we the people will be
18:57
Speaker 3: doing a hell of a lot more should another big
18:59
Speaker 3: story come like that one. But one thing I found
19:02
Speaker 3: particularly interesting out of this report is they found that
19:06
Speaker 3: most people did actually listen to them and have three
19:08
Speaker 3: days worth of food but it wasn't enough. They are
19:11
Speaker 3: now going to recommend, according to this report, ten days
19:14
Speaker 3: worth of food and water for your household. Ten days
19:19
Speaker 3: worth of food and water for your household in case
19:21
Speaker 3: there's an emergency.
19:22
Speaker 4: That's a hell of a lot of food and water.
19:24
Speaker 4: I spent some time.
19:25
Speaker 3: We flew straight into a napier after cyclone Gabrielle, and
19:30
Speaker 3: the one thing that I think everybody wanted was obviously petrol,
19:35
Speaker 3: and the petrol stations were either running out rationing or
19:38
Speaker 3: there was huge queues. The other thing you want is
19:41
Speaker 3: gas for your barbecue, because your deep freeze goes off,
19:44
Speaker 3: all your meat starts to go bad and thaw and
19:47
Speaker 3: basically you just chuck it on and have a huge
19:49
Speaker 3: fry up, have a huge barbecue.
19:51
Speaker 4: So do this is my advice. Do make sure that
19:54
Speaker 4: you have.
19:54
Speaker 3: Some booze and some gas for your barbecue, because that
19:58
Speaker 3: first night, in particular, will be one hell of a party.
20:02
Speaker 4: Twenty two minutes away from.
20:04
Speaker 2: Six Bryan Bridge.
20:06
Speaker 3: Going to our reporters around the country now, Callum Proctors
20:08
Speaker 3: and Dneda Callen, good morning morning right, tell us that
20:13
Speaker 3: hospital campaign. What's happening next.
20:16
Speaker 10: Well, it's kicking up a notch. It's going mobile, you
20:19
Speaker 10: could say. The mayor here and councilors have unveiled a
20:23
Speaker 10: protest ambulance Ryan to help deliver the campaign message around
20:27
Speaker 10: the South and to Wellington. They say, look, this ambulance
20:30
Speaker 10: needs a bit of work, much like our health system,
20:32
Speaker 10: but they are excited to get the ambulance on the
20:35
Speaker 10: road to encourage more locals to make their frustrations known.
20:38
Speaker 10: So the plans are for the ambulance to be dressed
20:41
Speaker 10: up with process branding, and the council have launched a
20:43
Speaker 10: campaign or a competition for the public to come up
20:46
Speaker 10: with a name for the ambulance.
20:47
Speaker 4: Is it like a broken, crappy looking at ambulance. Is
20:51
Speaker 4: that the idea? Or is it just a normal new
20:53
Speaker 4: flash one.
20:54
Speaker 10: I think it still drives. It's not a new flash one.
20:55
Speaker 10: Looks like something from the seventies or eighties.
20:58
Speaker 4: I gotcha.
20:59
Speaker 10: So why at the moment no branding there yet. But
21:02
Speaker 10: so that's the plan and we'll see how it turns out.
21:04
Speaker 3: All right, So come up with a clever name. Nine
21:07
Speaker 3: two ninety two give us the text if you've got
21:08
Speaker 3: some ideas. How's your weather, Colum good today? Mainly fine?
21:12
Speaker 10: Any early shells will clear cell Westerns nor east TOCEI
21:15
Speaker 10: even things to need is high fifteen.
21:16
Speaker 3: I think you cleiar Sherwoods and christ Church. That smell
21:19
Speaker 3: that stink from the wastewater treatment plant. Any sign of
21:22
Speaker 3: it ending soon clear?
21:24
Speaker 11: Oh, sounds like it might be ending soon. Ryan. There
21:26
Speaker 11: was a period of time there where I had to
21:28
Speaker 11: come up with different ways of saying stink and pong
21:30
Speaker 11: and smell for my news bulletins because it has hung
21:33
Speaker 11: around in christ Church for some years now. But there
21:36
Speaker 11: are finally some plans to replace the trickling filters at
21:39
Speaker 11: the fire damaged wastewater treatment plant, which is in Bromley
21:43
Speaker 11: on the east side of the city. A big blaze,
21:45
Speaker 11: of course, damage to those filters at the end of
21:47
Speaker 11: twenty twenty one that's when the odor started. Now, after
21:50
Speaker 11: almost three years of it, the city Council's now settled
21:53
Speaker 11: in eighty five million dollar insurance claim that means they
21:56
Speaker 11: can replace the filters and hopefully fix the smell. He
22:00
Speaker 11: says the new system will lower the total greenhouse gas
22:02
Speaker 11: emissions from the plant. He says calculations show that the
22:06
Speaker 11: sixty three percent of the council's total gross emissions.
22:10
Speaker 4: Really sixty three percent of the council's emissions are from
22:14
Speaker 4: our business.
22:16
Speaker 7: Who knew?
22:16
Speaker 4: Who knew? How's your weader? Clear?
22:19
Speaker 11: Partly cloudy with a few showers about to early, but
22:22
Speaker 11: will clear to fine fresh southwesterlies easing.
22:25
Speaker 4: The high is thirteen, Thank you very much.
22:27
Speaker 3: Yet the rest of the emissions come out of those councilors' mouths.
22:29
Speaker 3: You can bet that speaking of max Holes and Wellington,
22:33
Speaker 3: the mayor has come to the defense of her city.
22:37
Speaker 7: Yeah, the council. Yeah, this is of course relating to
22:40
Speaker 7: Bordeaux and it's three bakery cafes announcing they're closing this week.
22:44
Speaker 7: There have been incredibly disruptive roadworks taking place outside their
22:47
Speaker 7: front doors for months and months. We asked the math
22:49
Speaker 7: for comment on Tuesday, ahead of the story being published.
22:52
Speaker 7: She said no, she must have seen how much traction.
22:54
Speaker 7: The story then got incredibly well read online. People are
22:57
Speaker 7: talking about it, a lot of people oddly laughing it
23:00
Speaker 7: off on social media. The spin off, for instance, other
23:03
Speaker 7: business owners standing by Tony at Bordeaux. So many feel
23:06
Speaker 7: like no one's listening at the council And so the
23:08
Speaker 7: next day Torri Fano did respond to us in a
23:10
Speaker 7: statement playing down the impact of the road works, instead
23:14
Speaker 7: pointing to public sector cuts in the cost of living.
23:17
Speaker 7: And what she's stressing is how much suppose that the
23:19
Speaker 7: support support the council is giving businesses around the city
23:24
Speaker 7: a communication, she says, engagement services, whatever that means. The council,
23:29
Speaker 7: she says, tries to help with marketing and promotional activity
23:31
Speaker 7: for areas affected better signage, and apparently these businesses get
23:36
Speaker 7: a small business support manager who meets with them one
23:39
Speaker 7: on one. So there you go, not the fault of
23:41
Speaker 7: the works at all.
23:42
Speaker 4: Goodness me. How's your weather?
23:44
Speaker 12: Bill?
23:45
Speaker 7: Colder today, mostly overcast, southerly. He's a high of twelve central.
23:48
Speaker 4: Thank you.
23:48
Speaker 3: Neiva's an Auklan. Good morning, Neva, Good morning. Motet's got
23:51
Speaker 3: some trams that wants to get rid of.
23:53
Speaker 13: Yes, no, Look this is interesting because people are being
23:56
Speaker 13: encouraged to adopt one of Motet's seven trains. I didn't
23:59
Speaker 13: realize they hit seven. But what's happening is that they're
24:01
Speaker 13: hoping to raise a million dollars. They want to upgrade
24:03
Speaker 13: the one hundred year old tracks, so they're seeking donations,
24:06
Speaker 13: encouraging donors to vote for their favorite tram. Now Motet says, Look,
24:11
Speaker 13: we know that the fundraising goal is quite ambitious, but
24:15
Speaker 13: they're not going to get all the funding from that,
24:16
Speaker 13: but they're hoping that they can also seek donations from
24:20
Speaker 13: other sources. And I've just done a straw pole in
24:22
Speaker 13: the newsroom because I have never been to Motet, have you?
24:25
Speaker 4: Yes, I have my niece and nephew. Yeah.
24:27
Speaker 13: Wow, I thought you don't look like a Motet person,
24:30
Speaker 13: but you have.
24:30
Speaker 3: I'm not a Motet when you've got family over. So
24:34
Speaker 3: the trams they're giving them away or you pay for them.
24:37
Speaker 4: You just pay, you know.
24:38
Speaker 9: Yeah, yeah, that's it.
24:39
Speaker 13: And I mean, you know, they just want to upgrade
24:40
Speaker 13: everything there.
24:41
Speaker 4: That's as far as okay, But.
24:43
Speaker 13: We're going to do a little we road trip because
24:44
Speaker 13: only three people in the newsroom have been to Motet
24:46
Speaker 13: and seven of us haven't.
24:48
Speaker 4: So yes, I won't be there. Are you sure you
24:51
Speaker 4: don't want to join us? I'm okay.
24:52
Speaker 3: But you'd have to have a big loan to put
24:55
Speaker 3: a tram on, wouldn't you. I'm assuming it would just
24:57
Speaker 3: sit there. You know, no one's going to actually be
24:59
Speaker 3: able to use the trams, are yes?
25:01
Speaker 14: No?
25:01
Speaker 2: Well?
25:02
Speaker 13: I think you know, I think too that they just
25:04
Speaker 13: want to do this as one of their publicity stunt
25:07
Speaker 13: things as well.
25:08
Speaker 4: So you don't you don't take them.
25:09
Speaker 13: No, you're not going to take the tram home.
25:14
Speaker 4: Who was the case on one where you were going
25:17
Speaker 4: to put these trams?
25:18
Speaker 13: No, we'll leave them there at Motech. We'll just go
25:20
Speaker 13: there and have a glass of wine and look at
25:22
Speaker 13: them and gaze.
25:23
Speaker 4: Yes, there she sounds not fun at all.
25:27
Speaker 13: Okay, right, strike your name if you're not coming on.
25:30
Speaker 4: How we road travel? I go for a wine with you,
25:32
Speaker 4: but I won't go to Mota. Fair enough. How's your
25:34
Speaker 4: weather partley?
25:35
Speaker 13: Cloudy, isolated showers clearing though to fine. Whether this afternoon
25:38
Speaker 13: sixteen is the high thanks Neva.
25:39
Speaker 4: Update on Hurricane Milton from the States yet next.
25:44
Speaker 1: Get ahead of the headlines, Ryan Bridge you for twenty
25:47
Speaker 1: twenty four on early edition with Smith City, New Zealand's
25:51
Speaker 1: furniture bids and a planet store.
25:53
Speaker 2: News Talk said.
25:54
Speaker 4: Fourteen to six.
25:55
Speaker 3: News Talks said, we've been talking about Google's huge monopoly
25:58
Speaker 3: on Search Engine and today the Justice Department over in
26:02
Speaker 3: the United States, this is the Anti Trust Division. They
26:06
Speaker 3: are filing in a federal report, sorry, in a federal court,
26:10
Speaker 3: which could result in Google's monopoly being broken up. Now
26:15
Speaker 3: that is an outside chance. What's more likely is that
26:19
Speaker 3: they will impose restrictions on them. They say that Google
26:22
Speaker 3: has an unlawful monopoly on search engines. Also on news
26:26
Speaker 3: this morning, North Korea is cutting off all roads to
26:29
Speaker 3: the South. They do have some roads, believe it or not,
26:32
Speaker 3: that go between North and South, mostly for military perse
26:35
Speaker 3: purpose purposes.
26:36
Speaker 4: They say that they are.
26:37
Speaker 3: Shutting even those roads in a sign that things are
26:41
Speaker 3: deteriorating between the two states.
26:43
Speaker 4: Thirteen away from.
26:44
Speaker 1: Six International correspondence with Ends and Eye Insurance, Peace of
26:48
Speaker 1: mind for New Zealand business.
26:51
Speaker 3: Hurricane Milton making landfall and Florida. Sally Patterson is a
26:55
Speaker 3: US correspondent. Sally, we're hearing reports of tornadoes as well.
27:00
Speaker 14: That's right, Ryan. This is expected to be a really
27:02
Speaker 14: serious situation hurtling towards the coast of Florida. Now it's
27:07
Speaker 14: an extremely dangerous category for storm and official state it
27:12
Speaker 14: poses a serious threat to life. Storm Milton is expected
27:16
Speaker 14: to make landfall tonight local time, so in the coming
27:19
Speaker 14: hours and overnight, with winds of up to two hundred
27:22
Speaker 14: and thirty three kilometers per hour. A tornado watch is
27:27
Speaker 14: in effect across many of the cities in the southern
27:30
Speaker 14: half of the Florida Peninsula, including many that you'll know
27:32
Speaker 14: of Miami, Tampa Bay, and Fort Myers. It is expected
27:36
Speaker 14: to weaken before it makes landfall, but it still could
27:40
Speaker 14: be one of the most destructive hurricanes on record for
27:43
Speaker 14: the area.
27:44
Speaker 3: People are being told to leave. We found this guy
27:46
Speaker 3: on social media who seed roads are two blocked and busy,
27:50
Speaker 3: plus I might not get back home, so he's staying
27:52
Speaker 3: put heavy.
27:53
Speaker 15: Listen if things do get really really bad, we lose electricity,
27:57
Speaker 15: or maybe the roads are blocked or there's debris everywhere.
28:00
Speaker 15: Even if we were to make it to Georgia, let's say,
28:02
Speaker 15: it could be weeks or maybe months before we're able
28:05
Speaker 15: to get back to our home.
28:07
Speaker 4: Salia. People hating the.
28:08
Speaker 14: Warnings, well, he's one of many people trying to get
28:12
Speaker 14: to nearby Georgia, trying to escape before the storm really
28:17
Speaker 14: hits them. I want to stress the scale of these evacuations.
28:21
Speaker 14: Around half of all the counties in Florida are now
28:25
Speaker 14: under these orders. Florida Governor Ronda Santas says time is
28:30
Speaker 14: running out for residents to evacuate and get out in
28:33
Speaker 14: time you need to remember that people are still reeling
28:36
Speaker 14: from Hurricane Helene, which left at least two hundred and
28:39
Speaker 14: thirty two people dead across six states, and that was
28:42
Speaker 14: very recent. The mayor of Tampa says that was a
28:45
Speaker 14: wake up call, and she's warning locals if you choose
28:49
Speaker 14: to stay in one of the evacuation areas, you are
28:51
Speaker 14: going to die. But people might be trying to leave,
28:54
Speaker 14: but as you've just heard there it is choc a
28:56
Speaker 14: block on the way out of those major cities. People
28:59
Speaker 14: are set for hours in traffic, many choosing to stay
29:02
Speaker 14: in their cars and sleep there because they cannot get
29:05
Speaker 14: any further than that would allow.
29:07
Speaker 4: All right, thanks so much for your time. That great
29:09
Speaker 4: to have you on the show. That's a US correspondent
29:11
Speaker 4: with us just gone ten minutes away.
29:12
Speaker 2: From six Ryan Bridge.
29:15
Speaker 4: Here's an interesting number.
29:16
Speaker 3: Half of us are on either floating or fixed for
29:19
Speaker 3: less than six months. We are just crutch hold weight
29:23
Speaker 3: and to pounce on a lower interest rate. And west
29:26
Speaker 3: PAC's cut by ten basis points after the OCR drop
29:29
Speaker 3: yesterday their one year special rate to six point nine percent.
29:32
Speaker 3: That's the same as Asb's Now their two year rate
29:34
Speaker 3: is five points six nine percent. The variable rates have
29:37
Speaker 3: been cut by fifty basis points. What does it mean
29:39
Speaker 3: for house prices? Campbell Dunnoon is the Old Day Hooker Group,
29:42
Speaker 3: Head of Network New Zealand. Good morning, Campbell, thanks for
29:45
Speaker 3: being on the show.
29:46
Speaker 12: Good morning Ryan, nice to be here.
29:48
Speaker 4: What do you think this is going to do to
29:49
Speaker 4: prices and win.
29:52
Speaker 12: Well, big question, But firstly, I think it's just fantastic news.
29:56
Speaker 12: It's news we've all been waiting for it's effect on prices. Well. Look,
30:01
Speaker 12: I guess at the end of the day, it should
30:03
Speaker 12: increase more activity, more participation from people in the property market,
30:08
Speaker 12: and that could lead to something more positive in prices
30:11
Speaker 12: heading into next year. I think this year is a
30:13
Speaker 12: bit of weight and see a bit of caution still,
30:15
Speaker 12: but looking good for twenty five so.
30:17
Speaker 3: There's no flood of vendors have been lining up waiting
30:21
Speaker 3: for the sun to shine and Adrian or to sing.
30:24
Speaker 12: Well, we've seen an increase in stock this year, in
30:28
Speaker 12: the last half of this year, which is good, and
30:29
Speaker 12: we're heading into the Christmas period and we're seeing more
30:32
Speaker 12: indications of that coming along. So the stock has been there,
30:36
Speaker 12: we're just waiting for the buyers and I think this
30:38
Speaker 12: is just going to give them the nuts just to participate.
30:41
Speaker 12: So again, I think if you're looking to buy, now
30:45
Speaker 12: is probably a good time, and next year I certainly
30:48
Speaker 12: seen much more activity.
30:50
Speaker 3: Now would probably be the better time, though, right while
30:52
Speaker 3: prices are still quite suppressed and before you get the floods,
30:57
Speaker 3: if they come from the cut, it'll come in November
31:01
Speaker 3: and then probably February March.
31:03
Speaker 12: Yeah, it's always funny people always try and pick the
31:05
Speaker 12: bottom of the market, but look, it's been quite quite
31:10
Speaker 12: average for nearly two years now, and I think we're
31:13
Speaker 12: just with the signs, with the interest rates, the general
31:16
Speaker 12: mood in the country, which I also think is important
31:18
Speaker 12: heading into summer. Look, if you're going to buy, if
31:21
Speaker 12: you see the house that you like, if you've done
31:23
Speaker 12: all your due diligence, I'd be jumping in now because
31:27
Speaker 12: next year you could have a bit more competition for
31:29
Speaker 12: the property.
31:29
Speaker 3: Thanks so much for your time, Campbell donon with us
31:32
Speaker 3: al Ja Hooker, Group head of Network New Zealand after
31:34
Speaker 3: the fifty basis point count to the OCI yesterday, eight
31:37
Speaker 3: minutes away from Sex Next, Why Karmala Harris is struggling
31:42
Speaker 3: with working class phocus The.
31:44
Speaker 1: News you need This Morning and the in depth analysis
31:47
Speaker 1: early edition with Ryan Bridge and Fifth City, New Zealand's.
31:50
Speaker 2: Furniture Beds and a playing store. News Talks, zi'd be.
31:54
Speaker 3: Four minutes away from sex You're on, sorry, five minutes
31:56
Speaker 3: away from sexier on news Talks be Democrats. Apparently they
32:00
Speaker 3: really worried about Kamala Harris than the working class voters
32:04
Speaker 3: in these very crucial blue states, particularly Michigan. Privately, they're saying,
32:09
Speaker 3: we need you to be more populist because Trump's coming
32:12
Speaker 3: in and basically eating her lunch.
32:14
Speaker 4: Now.
32:14
Speaker 3: She was on Stephen Colbert, have a listen to this.
32:16
Speaker 3: She was asked, how would you be different to Biden?
32:19
Speaker 16: What would the major changes be, and what would say
32:22
Speaker 16: the same.
32:23
Speaker 17: Sure, well, I mean I'm obviously not Joe Biden, and
32:27
Speaker 17: so that would be one change terms. But also I
32:32
Speaker 17: think it's important to say, with you know, twenty eight
32:34
Speaker 17: days ago, I'm not Donald Trump. And so when we
32:40
Speaker 17: think about the significance of what this next generation of
32:43
Speaker 17: leadership looks like were I to be elected president, it
32:47
Speaker 17: is about Frankly, I.
32:52
Speaker 3: Bridge Rich She never quite gotten that throughout Mike's Yeah, Hey, Mike,
32:55
Speaker 3: good morning.
32:56
Speaker 16: That's a prom there's a poll out this morning nationally
32:58
Speaker 16: she's got a three point lead, and that's outside of
33:01
Speaker 16: the margin of era, which is interesting. Another poll out
33:03
Speaker 16: this morning. I was just reading moments ago. The economy
33:06
Speaker 16: comparatively speaking, is doing really well. So you've got the
33:08
Speaker 16: job numbers the other day, you've got spending up, so
33:11
Speaker 16: buy and Large've got a soft landing, all that sort
33:13
Speaker 16: of stuff.
33:14
Speaker 4: But there is.
33:14
Speaker 16: Nothing apparently, you can convince Americans about the economy that's good.
33:18
Speaker 4: No, and that's the same problem.
33:20
Speaker 3: Were just sinda had the same problem here, right, that
33:22
Speaker 3: was our unemployment. So I don't care my broccoli is.
33:25
Speaker 16: You're personal circumstances. Sixty six percent of people say the
33:29
Speaker 16: economy stinks. And so unless you can turn that around,
33:32
Speaker 16: because Trump's rhetoric is it was never as good as
33:34
Speaker 16: when I was there, they believe it.
33:36
Speaker 3: They believe it because they felt it. Yeah, you know,
33:38
Speaker 3: inflation must be just your worst nightmare as a politician,
33:41
Speaker 3: as that incumbent.
33:42
Speaker 16: Transpower this morning for you, Yes, are we're going to
33:44
Speaker 16: talk to Transpower. They've got a million dollars and hopefully
33:47
Speaker 16: that will smooth things over for the people of the North.
33:49
Speaker 16: And we'll see how that goes for us so and
33:51
Speaker 16: Malcolm Glad will remember him. Yes, Tipping Point, he's back,
33:54
Speaker 16: so we'll have him right.
33:55
Speaker 4: And you've got Mark mitchellon too, Mark, we got them all.
33:58
Speaker 4: It's all on Thursday morning. Mike. That's it for me.
34:01
Speaker 4: Thanks for listening, See you tomorrow.
34:08
Speaker 1: For more from News Talks ed B Listen live on
34:11
Speaker 1: air or online, and keep our shows with you wherever
34:14
Speaker 1: you go with our podcasts on iHeartRadio