Latest / Early Edition with Ryan Bridge / Full Show Podcast: 09 April 2026

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Full Show Podcast: 09 April 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, there'd be.
0:10
Speaker 2: Good morning, six after five. Great to have your company.
0:13
Speaker 2: Got some breaking news just out in the last few minutes.
0:15
Speaker 2: The Iranians say they've closed the strait already because well,
0:18
Speaker 2: Israel's still bombing Lebanon. White House brief and getting underway
0:22
Speaker 2: shortly will keep you across that. Plus Mitch mccam with
0:24
Speaker 2: us from New York. We've got to form a Navy
0:26
Speaker 2: chief on the military objectives here, drugs everywhere at Auckland Airport,
0:30
Speaker 2: and the co Op Bank boss on the OCN.
0:34
Speaker 1: The agenda.
0:35
Speaker 2: It is Thursday, the night of eight befil The spin
0:37
Speaker 2: begins on the ceasefire. His headset this morning.
0:40
Speaker 3: President Trump had the power to cripple Iran's entire economy
0:44
Speaker 3: in minutes, but he chose mercy. He spared those targets
0:47
Speaker 3: because Iran accepted the ceasefire under overwhelming pressure. This new
0:52
Speaker 3: regime was out of options and out of time, so
0:56
Speaker 3: they cut a deal.
0:57
Speaker 2: The Iranians, along with a whole bunch of other people
0:59
Speaker 2: in the world, quite skeptical about all of.
1:00
Speaker 4: This is America's nature ever change.
1:02
Speaker 5: I don't know why they accept it as always they
1:04
Speaker 5: want to buy time for Israel.
1:06
Speaker 1: America can't be trusted as long as a Security Council resolution.
1:10
Speaker 6: Is not issued in reparations not peed, it can't be
1:13
Speaker 6: trusted at all.
1:14
Speaker 2: So they said the Strait is going to open. Now
1:16
Speaker 2: they are saying state media and around that the Strait
1:18
Speaker 2: will close because the Israeli still bombing Lebanon Starma before
1:22
Speaker 2: that happened. Said that, don't worry. I'm on the job,
1:25
Speaker 2: and it's.
1:25
Speaker 7: Very important that we get the straight upol moves open.
1:27
Speaker 7: There's a lot of work to do there. We've been
1:29
Speaker 7: convening a number of countries. I now get the opportunity
1:33
Speaker 7: here in Saui Arabia and countries nearby in the region
1:37
Speaker 7: to have their discussions, to coordinate our actions and to
1:40
Speaker 7: go forward collectively in pursuit of those two missions.
1:43
Speaker 2: In other news in the US, have you heard of
1:45
Speaker 2: the Long Island serial killer? There was a Netflix show
1:47
Speaker 2: about it, plenty of podcasts about it. Absolutely horrific. Happened
1:51
Speaker 2: over decades and the guy, a New York architect who
1:55
Speaker 2: they thought was responsible, has now pleaded guilty to the
1:59
Speaker 2: deaths of eight women in Gilgo Beach. Rix Human is
2:03
Speaker 2: his name. He's agreed to several life sentences without the
2:06
Speaker 2: possibility of parole.
2:08
Speaker 8: We are told from our team inside court that it
2:10
Speaker 8: is very tense in there. We are told that his
2:13
Speaker 8: ex wife is leaning forward in her chair, holding tissues,
2:17
Speaker 8: almost bracing herself on the chair in front of her.
2:21
Speaker 8: The families of the victims are also there too. We
2:23
Speaker 8: are told it is packed.
2:27
Speaker 1: The news you need this morning and the in depth
2:29
Speaker 1: analysis earlier. This ship with Ryan Bridge and Spunk for
2:34
Speaker 1: business technology that keeps business moving, news talks.
2:37
Speaker 2: It be just gone eight minutes alf to five. Nice
2:39
Speaker 2: to have your company this morning. Nine two ninety two
2:41
Speaker 2: is the numbers of text. This was Trump back in
2:44
Speaker 2: February announcing the war with Iran.
2:47
Speaker 6: A short time ago, the United States military began major
2:53
Speaker 6: combat operations in Iran. Our objective is to defend the
2:59
Speaker 6: American people by eliminating eminent threats from the Iranian regime,
3:05
Speaker 6: a vicious group of very hard, terrible people.
3:11
Speaker 2: Right, So has he got what he wanted? You know
3:14
Speaker 2: what has the United States gained from thirteen thousand strikes
3:18
Speaker 2: on targets inside of Iran. Well, if you look at
3:21
Speaker 2: the ten point plan, and by the way, the ten
3:23
Speaker 2: point Plan is a bit like the treaty, you know,
3:25
Speaker 2: two different versions. The Americans are now saying that there
3:28
Speaker 2: are two versions of a ten point plan, and they're
3:30
Speaker 2: working off a different one to the one that the
3:32
Speaker 2: media has got their hands on, the one that the
3:33
Speaker 2: Iranians are putting out there. So who even knows at
3:36
Speaker 2: this point. But if you buy what the Iranian version
3:40
Speaker 2: or the one that's in the media, there's a guarantee
3:43
Speaker 2: of non aggression. Yeap okay, understandable. You need that for
3:46
Speaker 2: a ceasefire, and the Iranians reckon you get China and
3:49
Speaker 2: Russia to mediate, Lord help us. Iran will continue to
3:53
Speaker 2: control the Strait of Hormus. Well they never did beforehand,
3:56
Speaker 2: and now apparently they do. And there's talk of a
3:59
Speaker 2: three and a half million dollar toll. You thought the
4:02
Speaker 2: tolls going north of Auckland were going to be bad,
4:04
Speaker 2: wait till you try and get through the Strait of
4:06
Speaker 2: Horn Moves accepting an Iranian right to enrich uranium. This
4:10
Speaker 2: was the whole point. We were meant to go in
4:13
Speaker 2: there and get the uranium out, the enriched uranium out
4:16
Speaker 2: and they won't have a nuclear weapon. Well, there's wiggle
4:20
Speaker 2: room here, apparently, because Obama did that deal. Remember Trump
4:23
Speaker 2: came in and ripped it up. But Obama did a
4:25
Speaker 2: deal with the Iranians over enriched uranium and nuclear weapons,
4:30
Speaker 2: and it looks like he probably got a better deal
4:32
Speaker 2: than Trump got by bombing the place. Anyway, we'll have
4:35
Speaker 2: to wait and see what happens with that. Sanctions will
4:37
Speaker 2: be lifted according to this termination of all Security Council resolutions.
4:42
Speaker 2: They even want reparations for the damaged calls during the war.
4:46
Speaker 2: But interestingly, and this is a crucial point for all
4:49
Speaker 2: those Golf States because you know they just the Iranians
4:52
Speaker 2: went Kamakazi on the Golf States and just throwing drones
4:55
Speaker 2: in the air. That according to this, there'll be with
5:00
Speaker 2: draw all of US combat forces from the region. Now
5:02
Speaker 2: there's about forty thousand troops in the Middle East from
5:04
Speaker 2: the US right now. What happens to them? And you
5:07
Speaker 2: can't just pull them out because the Gulf States will
5:09
Speaker 2: be so vulnerable. They've just shown that they are basically
5:13
Speaker 2: quite susceptible to a drone or two over the border.
5:17
Speaker 2: So there you go. What have we achieved where? Actually
5:20
Speaker 2: have we achieved anything? Is the question this morning? Is
5:22
Speaker 2: this ceasefire even going to hold? And Allah only knows?
5:26
Speaker 2: Eleven after five Ryan Bridge, Next, we'll talk what we
5:30
Speaker 2: can talk about, which is the OCR and what we
5:34
Speaker 2: can control in New Zealand is the OCR. So we'll
5:37
Speaker 2: talk about that with the co Op bank Boss.
5:39
Speaker 1: Next, get ahead of the headlines on a early edition
5:44
Speaker 1: with Ryan Bridge and Spark for Business Technology that keeps
5:48
Speaker 1: Business Moving News TALKS'B.
5:50
Speaker 2: Five point thirteen on News Talks. B would love to
5:52
Speaker 2: hear from some farmers this morning. Nine two ninety two
5:54
Speaker 2: is the number to text because fed farmers reckon that
5:57
Speaker 2: there are fuel shortages despite what we're being told from
6:00
Speaker 2: the Podium of Truth that we don't call the Podium
6:01
Speaker 2: of Truth because it's not COVID anymore. But despite what
6:04
Speaker 2: we've been told, there are fuel shortages going on, and
6:07
Speaker 2: some farmers are two to three weeks behind their normal
6:09
Speaker 2: fuel drops because most of them get a if you've
6:11
Speaker 2: got an on farm tank, you get a monthly drop,
6:14
Speaker 2: I am told, and some of those are weeks behind
6:17
Speaker 2: usual deliveries and they need it for drinking water systems,
6:20
Speaker 2: for livestock, et cetera. So is this true? Is anyone
6:24
Speaker 2: behind on their fuel deliveries and is anything being done
6:27
Speaker 2: about it? Nine nine two the number to text. It's
6:29
Speaker 2: fourteen minutes after five ray Bred. So the OCA has
6:32
Speaker 2: been held steady at two point twenty five percent RB
6:35
Speaker 2: and zsy's inflational peak at four point two percent this quarter. Though,
6:38
Speaker 2: you know, it's like pinning a tail on donkey with estimates.
6:42
Speaker 2: At the moment, markets thought the announcement was a bit
6:44
Speaker 2: more hawkish than they expected. Kiwi dollar rallied a quarter
6:47
Speaker 2: of a US sent to fifty eight point one eight.
6:49
Speaker 2: In response, Mark Wiltshire is the Cooperative Bank CEO, joins
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Speaker 2: us this morning. Hey Mark, good morning, ra. What did
6:55
Speaker 2: you make of the statement yesterday from the bank?
6:59
Speaker 9: I think there is a banks that are a very
7:00
Speaker 9: difficult job right now. So I think we've had a
7:02
Speaker 9: very good job just basically having a very balanced view
7:06
Speaker 9: highlighting some of those risks that they might need to
7:09
Speaker 9: take action. So the markets, as you said, just did
7:12
Speaker 9: react a bit saying that's a bit of a tone
7:14
Speaker 9: saying they will respond to inflation if that persists into
7:17
Speaker 9: the medium term.
7:18
Speaker 2: What's happening on you on the whole. Yeah, on the balance,
7:21
Speaker 2: on the whole balanced and on the whole sensible, which
7:24
Speaker 2: is good. It's what you want from a reserve bank,
7:26
Speaker 2: right What about your rates, how are they? Have you
7:29
Speaker 2: increased them by how much? And will you in the future.
7:33
Speaker 9: Well, there floating rates on hold, so we've got one
7:35
Speaker 9: of the lowest floating rates out there at four nine
7:37
Speaker 9: to nine. It's a fixed rates that are the one
7:41
Speaker 9: that's moving. And so markets did up a little bit.
7:44
Speaker 2: I mean, good.
7:45
Speaker 9: News on the ceasefire in the Middle East, so that
7:48
Speaker 9: certainly has helped markets. So that was actually a positive effect.
7:52
Speaker 9: But it is, as you mentioned, it's quite volatile right now.
7:55
Speaker 9: So I think the risk is around those fixed rates
7:58
Speaker 9: continue to move up and the markets are expecting more
8:02
Speaker 9: moves in the reserve bank at the moment, so that's
8:06
Speaker 9: they are really coming forward from what was wollcast around
8:09
Speaker 9: December have now looking more like September for those rises
8:13
Speaker 9: start coming through in the OCR here in New Zealand.
8:16
Speaker 9: So that's that's the risk of those fixed rates start
8:20
Speaker 9: to edge up more and that's the upper pressure on
8:22
Speaker 9: those fixed rates.
8:23
Speaker 2: But what about your customers, are they're getting in touch
8:25
Speaker 2: saying today, you know, right now it's a tough time.
8:27
Speaker 2: We need help.
8:29
Speaker 9: We're not seeing a lot of that in the consumer
8:32
Speaker 9: retail market ryand I mean, it is a tough time
8:34
Speaker 9: right now, but I think basically people are managing through
8:37
Speaker 9: this at the moment. We're not really seeing too many
8:40
Speaker 9: adverts and packs. I mean, it is a concern I
8:43
Speaker 9: think for people, this level of volatility, but people are
8:47
Speaker 9: okay at the moment, and I think the rates have
8:49
Speaker 9: been low, so that's helped. So people have been had
8:53
Speaker 9: to have some resilience out there. But you know, we're
8:55
Speaker 9: keeping a close eye on that and keeping in touch
8:57
Speaker 9: with our customers to make sure they continue to manage themselves.
9:00
Speaker 2: Well. Mark, appreciate your time this morning. Thanks for being
9:02
Speaker 2: with me. Mark, Brookshire Cooperative Bank's CEO. Time is seventeen
9:05
Speaker 2: after five.
9:06
Speaker 1: Ryan Bridge.
9:07
Speaker 2: So before the Iranian state media said we've closed the straits,
9:11
Speaker 2: they were looking at this as from the Wall Street Journal,
9:13
Speaker 2: looking at how many vessels have actually crossed through the strait.
9:16
Speaker 2: In the first five hours after the ceasefire was announced,
9:20
Speaker 2: they had two vessels go through. Normally that they get
9:23
Speaker 2: about one hundred and thirty ships a day through here.
9:25
Speaker 2: We've spoken about this before. During the war, they averaged
9:28
Speaker 2: about five or six ships a day. They were normally
9:31
Speaker 2: Iranian ships or Chinese ships. The Philippines actually did a
9:35
Speaker 2: deal with the Iranians to get some of theirs through
9:37
Speaker 2: because they obviously very affected by this. There is a
9:40
Speaker 2: bottleneck right now of four hundred and twenty five oil
9:44
Speaker 2: and fuel tankers just sitting there, just anchored, just waiting
9:48
Speaker 2: to get through, and about twenty vessels carrying alng and
9:53
Speaker 2: the Iranian Navy is basically said to all of them
9:56
Speaker 2: that are all anchored there, said, if you try to
9:59
Speaker 2: go through without permission from us, you will quote be destroyed.
10:03
Speaker 2: And this is the problem, isn't it. Even and we've
10:05
Speaker 2: spoken about this before, But even once you say put
10:08
Speaker 2: a bow on it and say walls over Victory, I'm done,
10:12
Speaker 2: and you walk away, spray and walk away, doesn't mean
10:15
Speaker 2: that the insurers are going to come to the party
10:17
Speaker 2: and actually get shipped through the strait, does it. Eighteen
10:20
Speaker 2: after five News Talks headbe.
10:23
Speaker 1: On your radio and online on iHeartRadio Belly Edition with
10:27
Speaker 1: Ryan Bridge and Spark for Business Technology, The Chief's Business
10:31
Speaker 1: Moving News Talks heedb.
10:33
Speaker 2: By twenty farmers are getting in touch this morning.
10:35
Speaker 9: Hi.
10:35
Speaker 2: Ryan, we farm she sheep, beef and deer. We haven't
10:38
Speaker 2: had a monthly fuel delivery since the second of February.
10:42
Speaker 2: Our fuel tank is nearly empty. Apparently Fern Energy are
10:45
Speaker 2: under strict restrictions and we are on a waiting list.
10:47
Speaker 2: But it's dire. Another here, Ryan March was difficult, usually
10:51
Speaker 2: have two fillips a month, received none after ringing three
10:55
Speaker 2: or four times, got a fill on April first, restricting
10:59
Speaker 2: these to tractors and pumps only. Farm utes have to
11:02
Speaker 2: be filled up off farm. There you go twenty one
11:05
Speaker 2: after five Bryan Bridge. So the supply chain for drugs
11:09
Speaker 2: apparently quite a lot more resilient than oil. Huge drug
11:13
Speaker 2: halls are being caught at Auckland Airport. Numbers have quadrupled
11:16
Speaker 2: between twenty eighteen and twenty twenty four, from one point
11:18
Speaker 2: five to six and a half tons. That's at Aukland
11:21
Speaker 2: Airport alone, and the Customs Minister Casey Costello has revealed
11:25
Speaker 2: for the first time that the nine weeks of this
11:28
Speaker 2: first nine weeks of this year, more than twelve tons
11:31
Speaker 2: of cocaine has been intercepted in the Pacific. Glenn Dobson
11:35
Speaker 2: is with the Drug Detection Agency. The chief executive there, Glenn,
11:38
Speaker 2: good morning, Yeah, good morning, right, So lots of it's
11:41
Speaker 2: still coming through.
11:43
Speaker 10: Yeah, look there is, and it shouldn't be a surprise
11:46
Speaker 10: to us. I guess we'll tell us two things. It
11:48
Speaker 10: tells us that the scale is increasing, but the good
11:52
Speaker 10: thing is also secondly that the border agencies again better
11:56
Speaker 10: detecting it all.
11:57
Speaker 2: Does it mean that we are getting I mean, if
12:00
Speaker 2: is it the tip of the iceberg that we are getting?
12:02
Speaker 2: So if we're seeing six and a half tons that
12:04
Speaker 2: have been intercepted, does that mean we're going to have
12:07
Speaker 2: you know, sixty tons that aren't.
12:09
Speaker 10: Yeah, that potential. What it's certainly showing is that, and
12:13
Speaker 10: the paper outlines as well is that New Zealand's definitely
12:16
Speaker 10: been equally targeted by the organized crime groups of the scale.
12:21
Speaker 10: But it also shows that, as the paper recommends closer
12:25
Speaker 10: consultation between the agencies, that greater seizures also means that
12:29
Speaker 10: they're starting to get some great successes as well, which
12:31
Speaker 10: we want to keep working on as a country.
12:33
Speaker 2: They're coming from some odd places, like there was a
12:35
Speaker 2: spake there last year. I don't know if it's still
12:37
Speaker 2: happening now. They're coming in through the airport from Canada.
12:42
Speaker 10: Yeah, Canada, study enough. Canada isn't an unusual place for
12:46
Speaker 10: drugs to come through on a global supply network. Often
12:50
Speaker 10: they'll move in all sorts of places to make it
12:53
Speaker 10: look less obvious where the original destination is from. And
12:56
Speaker 10: Canada is a known country for the global supply of drugs.
13:01
Speaker 2: Do you think this Ministerial Advisory Group is actually going
13:04
Speaker 2: to make changes? Like, is it going to have an
13:07
Speaker 2: effect that means that we have less drugs that they
13:10
Speaker 2: therefore become more expensive in New Zealand?
13:14
Speaker 10: I mean, look, I think what this paper shows is
13:16
Speaker 10: that we as a country and they're government start to
13:18
Speaker 10: step up, but the reality is that there isn't a
13:21
Speaker 10: single solution. We need enforcement, we need protection, but we
13:25
Speaker 10: also need to reduce demand. And that's one of the
13:27
Speaker 10: big things. As long as there's a high demand, the
13:30
Speaker 10: supply will keep coming. So that's where the community resilience
13:33
Speaker 10: side of the paper really steps up, and that's where
13:35
Speaker 10: every person in this country needs to step up to
13:37
Speaker 10: try and reduce that demand.
13:39
Speaker 2: In your work, what type of drugs are people are
13:43
Speaker 2: you finding that people are using? Yeah?
13:46
Speaker 10: From the Drug Detection Agencies perspective. We released the quarter
13:50
Speaker 10: reports a couple months ago and we saw a huge
13:52
Speaker 10: increase in cocaine across the country. We see the same
13:57
Speaker 10: strong usages of methane feed and both of those drugs
14:02
Speaker 10: that we've seen and increases and strong use in are
14:05
Speaker 10: also married in the recent government wasteful of stats as well,
14:08
Speaker 10: So certainly we're seeing a strong use of both those drugs.
14:12
Speaker 2: Appreciate your times wanting Glenn. Thank you, Glenn Dobson, Drug
14:15
Speaker 2: Detection Agency CEO. Time is twenty four minutes after five.
14:19
Speaker 2: You're on News Talks VB. We will head to Mitch McCann,
14:22
Speaker 2: who's in the US for US at about quarter to
14:24
Speaker 2: six this morning, and we'll speak to a former US
14:27
Speaker 2: Navy chief about the military objectives here and realistically, can
14:33
Speaker 2: you put a bow on this and call it a
14:35
Speaker 2: victory or do you have to accept that what Trump
14:39
Speaker 2: has agreed to is his hand being forced by a
14:43
Speaker 2: domestic audience ahead of a midterm election. News Talks VB the.
14:48
Speaker 1: Early edition full the show podcast on Iartradio. How It
14:52
Speaker 1: by NEWSTALKSB.
14:54
Speaker 2: News Talks MB. It is five twenty six. Should we
14:57
Speaker 2: welcome a ceasefire, Yes, of course we should, should we
15:00
Speaker 2: count on it holding No, of course not. The Iranians
15:03
Speaker 2: now controlled as Strait that they didn't control before the war,
15:06
Speaker 2: and the Israelis are still dropping bombs in Lebanon, even
15:09
Speaker 2: though this cease fire apparently says that they shouldn't be
15:11
Speaker 2: doing that. In fact, both sides now seem to be
15:14
Speaker 2: claiming that they're talking about completely different ten point plans.
15:18
Speaker 2: These are the things you can't control, but on the
15:20
Speaker 2: things we can. Does anybody else feel a bit relieved
15:24
Speaker 2: about the grown ups we have in charge at home?
15:26
Speaker 2: Nikola Willis has risen to the occasion, clear concise, across
15:30
Speaker 2: the detail, realistic about what government can and can't do
15:34
Speaker 2: to fix everybody's problems. You'll remember when this all kicked off,
15:38
Speaker 2: I said that they had very few political choices, given
15:41
Speaker 2: how hard they fought Labour's COVID spending and its effect
15:44
Speaker 2: on inflation. So the targeted, temporary, timely, the three t's,
15:49
Speaker 2: the motto seems to have been for now the right
15:52
Speaker 2: call cometh, the hour cometh the woman. If there was
15:56
Speaker 2: to be a leadership spill in national her performance, I
15:59
Speaker 2: think in this this has put her to the top
16:01
Speaker 2: of the list of contenders, and Winston Peters for all
16:04
Speaker 2: the cries and please for him to thump Trump, to criticize,
16:08
Speaker 2: to protest, to play the role of the ICC. He's
16:12
Speaker 2: held his nerve and he's kept his thoughts to himself.
16:14
Speaker 2: Some argue that shows weakness, but I think most key
16:18
Speaker 2: wees know what he's doing is protecting us from the
16:21
Speaker 2: wrath of a very sensitive, vindictive president. This situation is
16:26
Speaker 2: far from done and dusted, but it's shown us we
16:29
Speaker 2: have competent political and diplomatic leaders who are realistic about
16:34
Speaker 2: what they can and can't control and bread wretch twenty
16:40
Speaker 2: eight minutes alfter five. So Netanyahu's been giving a presser here.
16:43
Speaker 11: It is the US and Israel are the ones who
16:47
Speaker 11: will change the fees of the Middle East. We work
16:51
Speaker 11: together in order to put an end to any threat.
16:55
Speaker 11: Again is the step of Israel, and again is.
16:57
Speaker 2: The free world.
16:59
Speaker 11: This mission is to be done through steps, and through
17:02
Speaker 11: stages and through balls.
17:05
Speaker 2: Now, Caroline levitts, she's giving a press conference at the
17:08
Speaker 2: White House at the moment, she says, and it's the spin.
17:11
Speaker 2: It's the spin. We have met and exceeded our military objectives.
17:14
Speaker 2: Of course, very unclear which ones they'd like to cherry
17:17
Speaker 2: pick that they are meeting and exceeding. This morning. We'll
17:20
Speaker 2: talk too much mccanna about that. He'll have the latest.
17:22
Speaker 2: He's out of New York. He's coming up at quarter two,
17:25
Speaker 2: and we'll speak to a former Navy chief out of
17:28
Speaker 2: the US as well. Lots to come cleany water to
17:32
Speaker 2: go under the bridge. I think is the point of
17:34
Speaker 2: this morning, isn't it? Very early days? Very early days.
17:37
Speaker 2: I've got an update for you on air Chathams as well,
17:41
Speaker 2: my favorite New Zealand airline just putting it out there,
17:44
Speaker 2: sad news for them. I'll update you on the routes
17:47
Speaker 2: after this News Talk ZEBB.
17:52
Speaker 1: News and Views you Trust to start your day. It's
17:56
Speaker 1: early edition with Ryan Bridge and Spark for Business Technology
18:00
Speaker 1: that keeps Business moving, Hues talks.
18:03
Speaker 10: AB You're borning.
18:13
Speaker 2: It is twenty four away from six year on news
18:15
Speaker 2: Talk said be a very fragile piece. Well, cease fire
18:18
Speaker 2: deal is holding four now, although I note that Israel
18:22
Speaker 2: is still pounding Lebanon. In fact the worst attack on
18:26
Speaker 2: his bullet targets and Lebanon, and now the Iranians have
18:28
Speaker 2: come out and said if you keep doing that. Well,
18:30
Speaker 2: unless you stop right now, we will hit you right back. Meantime,
18:33
Speaker 2: in the White House, Caroline Leavitt's up there spinning until
18:36
Speaker 2: she's build in the face, says the US has destroyed
18:39
Speaker 2: one hundred and fifty navy ships. The Iranian Air Force
18:42
Speaker 2: is irrelevant, and here is she is a few moments ago.
18:47
Speaker 12: I've seen a lot of inaccurate coverage today from the
18:49
Speaker 12: media about these negotiations and these plans already, so let
18:53
Speaker 12: me be clear and correct the record. The Iranians originally
18:56
Speaker 12: put forward a ten point plan that was fundamentally unsero
19:00
Speaker 12: O yes, unacceptable and completely discarded. It was literally thrown
19:03
Speaker 12: in the garbage by President Trump and his negotiating team.
19:08
Speaker 12: Many outlets in this room have falsely reported on that
19:11
Speaker 12: plan as being acceptable to the United States.
19:14
Speaker 2: Right, so we're still a little unclear on what the
19:15
Speaker 2: ten points are. Is the gist of that. Meanwhile, oil
19:20
Speaker 2: is down, stocks on Wall Street are up, shares of
19:23
Speaker 2: US airlines climbing, in particular, even though they put up
19:26
Speaker 2: the prices by ten percent. In Delta, for example, the
19:30
Speaker 2: customer is still coming, still flying, actually shrugging that off.
19:35
Speaker 2: You fertilizer, We spoke about this last week. So the
19:37
Speaker 2: fertilizer stocks, the US companies supplying fertilizer, they saw an
19:42
Speaker 2: absolute boom in their share price. They went through the roof.
19:46
Speaker 2: Are they now coming down? C IF Industries the one
19:48
Speaker 2: we spoke about, They are now down nine percent, heading
19:51
Speaker 2: for their worst day since twenty twenty two because obviously
19:53
Speaker 2: everyone's going well, there'll be some fertilizer coming out of
19:56
Speaker 2: the Middle East now, although their shares still up more
20:00
Speaker 2: than fifty percent this year. It is one of the
20:02
Speaker 2: hottest stocks fertilizer company out of North America, one of
20:06
Speaker 2: the hottest stocks on Wall Street this year. Right, it
20:09
Speaker 2: is twenty two minutes away from six Ryan Bread Shadoway
20:12
Speaker 2: reporters around the country Calum and Toned Morning Callum morning, Ryan.
20:16
Speaker 2: How are your house price? Is looking the best in
20:18
Speaker 2: New Zealand at the moment.
20:19
Speaker 13: The latest numbers are out and Otago leading New Zealand
20:22
Speaker 13: as far as property growth has concerned. Residential property growth
20:26
Speaker 13: for the first quarter, which far outpaces the national trend.
20:30
Speaker 13: Home values here rose two point six percent on average.
20:35
Speaker 13: Why Tucky leading the way at four point four percent,
20:37
Speaker 13: Central Otago at four percent. In those three months to
20:41
Speaker 13: the end of March Kluther with the slowest growth locally,
20:44
Speaker 13: but still beating the national decline, which was of zero
20:48
Speaker 13: point one percent. Dunedin's average home values approaching six hundred
20:52
Speaker 13: and sixty thousand dollars now, that's nineteen percent above twenty twenty.
20:55
Speaker 13: QV says the strong gains reflect the ongoing appeal of
20:58
Speaker 13: lifestyle locations.
21:00
Speaker 2: How's the weather in Dunedin.
21:02
Speaker 13: It's mainly fine for a start, but the sale has changed.
21:05
Speaker 13: This afternoon brings the odd shower, possibly heavy and a
21:07
Speaker 13: high of twenty.
21:08
Speaker 2: Good on callum, Thank you, clear than Christ's morning, Clear,
21:11
Speaker 2: Good morning. What's happening with the land? We've spoken about
21:14
Speaker 2: Apollo Projects stadium. What's happening with the land under it?
21:17
Speaker 5: Yeah, well that's the big question. So there are concerns
21:19
Speaker 5: that the Apollo Projects stadium site could sit empty when
21:22
Speaker 5: our new stadium officially opens in a couple of weeks time.
21:25
Speaker 5: There's no clear, confirmed plan.
21:27
Speaker 14: For its future.
21:29
Speaker 5: It will hold its very last event on April eighteen,
21:31
Speaker 5: that's a Wellington Phoenix clash before Council then takes back
21:35
Speaker 5: control of the whole site on April twenty. Now we
21:38
Speaker 5: can reveal today that the options. Report on what comes
21:42
Speaker 5: next is still being drafted by council after being delayed
21:45
Speaker 5: at least five times since November. In the meantime, council
21:49
Speaker 5: has said that the site could be used for community
21:51
Speaker 5: support community sport rather if it's safe as temporary stands
21:55
Speaker 5: and the buildings will be decommissioned around it. The local
21:58
Speaker 5: Council of though Melanie co says the land should serve
22:01
Speaker 5: as a neighborhood park while longer term plans are decided,
22:04
Speaker 5: while Counselor Aaron Kewan, who was on council at the
22:07
Speaker 5: time the stadium was built, says it's no longer needed
22:10
Speaker 5: as either sports or recreation space and he wants to
22:13
Speaker 5: see it being used to reduce residents rate burden.
22:15
Speaker 2: Interesting. How's your weather?
22:17
Speaker 5: I should be fine today a bit of morning high
22:19
Speaker 5: cloud about nor the least turning westerly and a high
22:21
Speaker 5: of twenty four.
22:22
Speaker 2: Thank you cleire Max and Wellington Morning Max, Good morning.
22:25
Speaker 2: What's going on with your buses your public transport?
22:28
Speaker 15: Yeah?
22:28
Speaker 16: You can use a credit or debit card on them
22:31
Speaker 16: or mobile payment on buses and trains from this weekend Sunday.
22:35
Speaker 16: The downside is it still comes with a one point
22:37
Speaker 16: five percent surcharge that seems unavoidable, but to move in
22:41
Speaker 16: the right direction for Wellington, all the major Western cities
22:43
Speaker 16: do it. Christ Church did it in November Auckland as well,
22:47
Speaker 16: and we'll hopefully have a national universal bus card within
22:50
Speaker 16: a year or so. You've also got the regional Council
22:53
Speaker 16: which sets ticket prices here pleading for money from the
22:56
Speaker 16: government as the cost of diesel saws money for fuel
23:00
Speaker 16: discounts on ticket rates. Perhaps they were already planned to
23:03
Speaker 16: go up and may we do no more? People are
23:04
Speaker 16: choosing buses and trains at the moment with petrol at
23:07
Speaker 16: about three dollars fifty. Auckland just had a record public
23:10
Speaker 16: transport day last month. Is it time to capitalize on that?
23:14
Speaker 4: What?
23:14
Speaker 2: And do give free rides? Sure?
23:17
Speaker 16: Well, not free, but discounts. You capitalize on this public
23:21
Speaker 16: transport bood?
23:22
Speaker 2: No. I mean, the thing is that you don't need
23:25
Speaker 2: a carrot. You've already got a stick.
23:26
Speaker 10: You know.
23:27
Speaker 2: The stick is getting paid is the price of petrol
23:29
Speaker 2: getting people on the bus. Anyway, how's you wear the max?
23:32
Speaker 16: Cloudy a little drizzly nineteen the high Thank you.
23:36
Speaker 2: Neva, good morning, good morning. He was actually straying into
23:38
Speaker 2: your territory. There a little bit giving us an Auckland update. Say,
23:42
Speaker 2: lay day in your lane?
23:44
Speaker 4: What's inside voice? Which is now my outside voice?
23:47
Speaker 2: Hey, what's this? Thirty percent of Aucklander's curb side recycling
23:51
Speaker 2: ends up going to land.
23:52
Speaker 4: Well, rip your ninety. Look we've got new research out
23:55
Speaker 4: Waste and Recycling Industry Association report now it finds one
23:59
Speaker 4: third of this wasted recycling is contaminated or being disposed
24:03
Speaker 4: of incorrectly.
24:04
Speaker 14: So calling on more.
24:06
Speaker 4: Education, great enforcement by local and central government. I don't
24:09
Speaker 4: know whether that's going to work. Executive director Barney Irvine.
24:12
Speaker 4: He says that two thirds of waste in the recycling
24:15
Speaker 4: is things that should clearly not be there. Now, I've
24:18
Speaker 4: got to tell you Ryan, anything from stones, would use nappies,
24:22
Speaker 4: old clothes. So people are just treating recycling as a
24:26
Speaker 4: second bin.
24:26
Speaker 2: Yeh do you know? Do you know why? Because the
24:29
Speaker 2: main bin they give you is so small that people
24:32
Speaker 2: who have families fill up the other bin with just anything.
24:36
Speaker 4: Yeah, well that's so true, and it is used as
24:37
Speaker 4: second bin. And I don't think they know. I'll throw
24:40
Speaker 4: on a dirty nappy. I know it's wrong, but no,
24:42
Speaker 4: who cares. I don't think more education is going to
24:45
Speaker 4: listen to me anyway.
24:46
Speaker 2: I love your skepticism. How's have we that ELD will
24:51
Speaker 2: work with you too?
24:51
Speaker 5: Long?
24:52
Speaker 4: Areas of warding, low cloud or fog, still warm. Twenty
24:55
Speaker 4: three to the high here in August.
24:56
Speaker 2: I never thank you. It is seventeen away from six
24:58
Speaker 2: News Talks theb Where States with Mitch McCann.
25:00
Speaker 1: Next international correspondence with Ends and Eye Insurance, Peace of
25:05
Speaker 1: Mind for New Zealand Business Quarter.
25:08
Speaker 2: Next we will head some Malcolm Nance, who is a
25:11
Speaker 2: former United States Navy senior chief in just a few moments.
25:14
Speaker 2: But first, we are right now in a time of
25:18
Speaker 2: very poor quality information. Because you've got the Iranian saying
25:21
Speaker 2: one thing about what's going on, you've got the Americans
25:24
Speaker 2: saying another. Caroline Levitt was just asked about this report
25:28
Speaker 2: that the Strait would be closed because the Israelis are
25:31
Speaker 2: still bombing the hell out of Lebanon. This is what
25:33
Speaker 2: she said.
25:34
Speaker 12: That is completely unacceptable. And again this is a case
25:37
Speaker 12: of what they're saying publicly is different privately. We have
25:40
Speaker 12: seen an uptick of traffic in the street today and
25:43
Speaker 12: I will reiterate the President's expectation and demand that the
25:46
Speaker 12: street of Ramoose is reopened immediately, quickly and safely. That
25:52
Speaker 12: is his expectation. It has been relied to him privately.
25:55
Speaker 2: Right, So Mitch mccannon is with us from the USA.
25:57
Speaker 2: US correspondent, Mitch, what do we know of the strait?
26:01
Speaker 17: Yeah, well, Caroline Leavitt is part of those comments that
26:04
Speaker 17: you just played, Ryan. She also said that that reporting
26:07
Speaker 17: was false, but then asked Iran to actually open up
26:09
Speaker 17: the strait. So it's unclear what the situation is at
26:12
Speaker 17: the moment, but we know in the last couple of
26:13
Speaker 17: hours since the seaspire was enacted overnight, not many ships
26:17
Speaker 17: have actually been passing through the Strait of Hormones anyway,
26:20
Speaker 17: many shipping companies are still concerned about safety. So this seaspire,
26:25
Speaker 17: Ryan is holding, but it's on very, very shaky ground.
26:28
Speaker 17: There's another couple of reasons for this as well. Iran
26:31
Speaker 17: state media also says that an oil refinery has been
26:34
Speaker 17: struck by unspecified enemies, and at the same time, it
26:38
Speaker 17: seems as if Iran is still un launching the attacks
26:40
Speaker 17: in the Persian Gulf. Kuwait, for example, says it has
26:43
Speaker 17: engaged with at least twenty eight drones from Iran since
26:47
Speaker 17: the Seaspire. And at the same time, there's so many
26:49
Speaker 17: updates here. Donald Trump has been truth on truth socials,
26:52
Speaker 17: saying that he's going to slap a fifty percent tariff
26:54
Speaker 17: on anyone that's selling military weapons to Iran. Now it's
26:57
Speaker 17: unclear how he's going to do that because the Supreme
27:00
Speaker 17: Court said most of his tariffs were illegal. So plenty
27:03
Speaker 17: of updates at the moment, But the overall picture really
27:07
Speaker 17: is this ceasefire is on very shaky ground.
27:10
Speaker 2: Big deal for us here, Mitch is the Strait and
27:12
Speaker 2: getting it open and getting the oil to the refinery
27:15
Speaker 2: so we can fill our cars and our tanks on farm.
27:18
Speaker 2: What have they said anything about the potential for a
27:21
Speaker 2: toll on the strait.
27:23
Speaker 17: Yeah, we've seen some reporting this morning from the Financial
27:26
Speaker 17: Times that suggest that Iran is looking to put a
27:29
Speaker 17: toll on the Strait of Hormuz using cryptocurrency. Now it's
27:33
Speaker 17: unclear how that's going to work, whether many of these
27:36
Speaker 17: countries or shipping companies are set up to even do that.
27:39
Speaker 17: But that'll be another point that frustrates the White House
27:42
Speaker 17: that's trying to get more information about this. In the
27:44
Speaker 17: coming days. JD Vance is going to travel to Pakistan.
27:47
Speaker 17: So we've just learned this is going to happen on
27:49
Speaker 17: Saturday morning. Steve Witkoff's going to be with him, Jared Kushner,
27:52
Speaker 17: Donald Trump's son in law, and they're going to try
27:55
Speaker 17: and work out this negotiation. It's interesting here, Ryan, because JD.
27:59
Speaker 17: Vance is widely reported to have been against this war
28:02
Speaker 17: from the first place, so it's possible that Iran sees
28:06
Speaker 17: him as a level head where they might be able
28:08
Speaker 17: to get some some progress here. But Saturday morning is
28:10
Speaker 17: when these negotiations are going to start.
28:12
Speaker 2: Mitch McCann, our US correspondent, chairs Mate twelve to six,
28:15
Speaker 2: Bryan Breed, So Pete hig Seth was out overnight, reckons
28:18
Speaker 2: the ceasefire will hold.
28:20
Speaker 18: Now we have a chance at real peace and a
28:22
Speaker 18: real deal. The War Department four now four now has
28:26
Speaker 18: done its part. We stand ready in the background to
28:30
Speaker 18: ensure Iran upholds every reasonable term and as everyone knows,
28:35
Speaker 18: nobody makes a better deal than President Trump.
28:39
Speaker 2: Let's go to Malcolm Nance, intelligence foreign policy analyst and
28:41
Speaker 2: former United States Navy senior chief. Malcolm, Nice to have
28:44
Speaker 2: you on the program. What are your thoughts, what are
28:48
Speaker 2: your thoughts, what are your feelings about the chance that
28:50
Speaker 2: this thing's going to hold.
28:53
Speaker 15: I should expect it to going the hold principally because
28:56
Speaker 15: the global economy could not take much more of this.
29:00
Speaker 15: And that's where Donald Trump's real pressures came from. That
29:03
Speaker 15: came from the people who were saying that, you know,
29:06
Speaker 15: the entire world system could have gone into recession. The
29:11
Speaker 15: oil that was coming out of the Gulf was being
29:13
Speaker 15: limited natural gas and been cut off twenty percent. You know,
29:16
Speaker 15: it's like doing a you know, one of those vulcan
29:19
Speaker 15: pressure holds on your corotid artery. You know, you might
29:22
Speaker 15: be able to hold it for a while, which you
29:24
Speaker 15: can't hold it forever. You said, you're going to start
29:25
Speaker 15: killing the system. So I don't I think Trump was trapped.
29:29
Speaker 15: He had to take this deal. And now the worst
29:31
Speaker 15: part is, I round comes out of it stronger.
29:34
Speaker 2: Well, we think. And the White House is saying that
29:37
Speaker 2: the ten point plan that everyone's talking about is not
29:40
Speaker 2: the ten point plan that they've signed up to.
29:44
Speaker 15: Yeah, and I've noticed that they've said that after they
29:49
Speaker 15: had already written. Donald Trump had retweeted Minister around she
29:54
Speaker 15: the previous bar Minister's statement which said the basis of
29:59
Speaker 15: it was the original fifteen point plan Loust, the ten
30:02
Speaker 15: point plan that Iran had had set, and that's supposed
30:06
Speaker 15: to be the basis of negotiations. The fifteen point plan
30:10
Speaker 15: wasn't any better. So, you know, if Trump took this
30:14
Speaker 15: as an off ramp to stop the collapse of the
30:16
Speaker 15: world economy to save money for his friends. You know,
30:20
Speaker 15: the Gulf States lost brillions in market capital with these attacks.
30:24
Speaker 15: He's going to have to deal with what's been played
30:26
Speaker 15: now because there's no restarting this war. It will collapse
30:29
Speaker 15: the global global economy if they do it again.
30:32
Speaker 2: Which begs the question was it worth doing in the
30:34
Speaker 2: first place?
30:37
Speaker 15: No, and they should never have done it in the
30:39
Speaker 15: first place. Look, they have been preparing for this war
30:42
Speaker 15: since nineteen forties, since nineteen seventy nine, forty seven years.
30:46
Speaker 15: I fought the Iranians multiple times in the Person Gulf
30:50
Speaker 15: during the nineteen eighties, and it was very clear back
30:54
Speaker 15: then their geographic choke hold was over the Straight of Hormuz.
30:59
Speaker 15: This was done almost halphazardly. They didn't consult anybody, and
31:04
Speaker 15: they didn't listen to the advice of military planners. We
31:07
Speaker 15: are awesome America at blowing things up. We're apparently really
31:12
Speaker 15: awful at meeting our stated objectives.
31:15
Speaker 2: Malcolm Nance, intelligence foreign policy analysts and former United States
31:18
Speaker 2: Navy seem the chief. Nice to have you on the
31:20
Speaker 2: program this morning at eight to six. You're on News
31:22
Speaker 2: Talks EBB.
31:24
Speaker 1: Ryan Bridge on early edition with Spark for business Technology
31:29
Speaker 1: that keeps business moving US TALKSB.
31:31
Speaker 2: Six to six. Hell hath no fury? Like a farmer's
31:34
Speaker 2: scorned and they are lashing out at Trump on the
31:36
Speaker 2: text machine this morning because fuel drops haven't been happening
31:39
Speaker 2: when they should be happening. This pharmacays he's an f wit.
31:42
Speaker 2: David a proud key we farmer. Thanks for your message. Ryan.
31:45
Speaker 2: I live at Fangada Heads. This is from one of
31:47
Speaker 2: our listeners this morning. Opposite Marsden Point. Another fuel tanker
31:51
Speaker 2: has just come into the port. There you go. Problem solved.
31:55
Speaker 2: It is six to two. Ryan Bridge might see morning Mike.
31:58
Speaker 2: Joyous day, Ryan, joyous day. But a little information vacuum.
32:03
Speaker 2: I think at the moment we're not really sure what's
32:05
Speaker 2: going on. Well, what's the matter. Well we'll all move
32:07
Speaker 2: on one side. Well, yeah, but it's going to take
32:09
Speaker 2: a while.
32:09
Speaker 14: Ryan will when did when putn I thing about this yesterday?
32:14
Speaker 15: Right?
32:14
Speaker 14: So this is how wars work, so especially wars in
32:17
Speaker 14: the Middle East.
32:18
Speaker 2: So it all, it's all on and then till it's
32:22
Speaker 2: all But that doesn't mean that the Straight opens. This
32:24
Speaker 2: is the point it does.
32:25
Speaker 14: Straight will open, Yes.
32:27
Speaker 2: But who's going to ensure a ship when the Iranians
32:29
Speaker 2: are sitting there with drones? Tell you how that?
32:32
Speaker 14: Tell you how this will work over time, is that
32:35
Speaker 14: the Strait will open in one way, shape or form.
32:37
Speaker 14: If it doesn't open in a way that business finds acceptable,
32:41
Speaker 14: they will go another route. And that's how the world works.
32:43
Speaker 14: And the Gulf states, who are so invested in the
32:45
Speaker 14: Straight being open, will make it work.
32:47
Speaker 2: Yes, but how long does that take?
32:49
Speaker 14: What's it matter?
32:50
Speaker 2: Well, look at what it's doing to our economy. Look
32:52
Speaker 2: at what it's doing to most economies in Asia.
32:56
Speaker 14: No, that's that's separate to the War's a complete disaster
32:59
Speaker 14: and ambles and should never have started.
33:01
Speaker 2: No, No, totally. But you can't separate the two. Right, one
33:04
Speaker 2: has caused the other, and we're dealing with the fallout
33:07
Speaker 2: of what's happening in the Strait, and the Strait doesn't
33:09
Speaker 2: magically open because Trump waves as magical.
33:11
Speaker 14: Of course it doesn't magically open, but it'll open over
33:13
Speaker 14: the next few weeks because the will the pressure on
33:15
Speaker 14: the words. It's like it's like the fuel. If you
33:18
Speaker 14: look at the fuel. When the fuel problem started, we
33:20
Speaker 14: were going to run out of fuel, right, and everyone
33:21
Speaker 14: was panicking about running out of fuel. Well, then all
33:24
Speaker 14: of a sudden everyone went to the other supplies around
33:26
Speaker 14: the world and worked out actually that twenty percent of
33:28
Speaker 14: the world's oil is only through one part. The eighty
33:30
Speaker 14: percent is available to us. So we've solved our fuel problem.
33:33
Speaker 14: So yes, as of two days ago.
33:37
Speaker 2: We've solved the fuel problem.
33:39
Speaker 14: We've solved the fuel problem in terms of delivery to
33:41
Speaker 14: the country. So if you look at Australia, look at
33:42
Speaker 14: New Zealand, look at the sources where they've gone to.
33:45
Speaker 14: They've got Australia, for example, shored up supplies from Japan.
33:49
Speaker 14: They said, don't worry, we will see you right, we've
33:50
Speaker 14: gone to alternative source.
33:52
Speaker 2: So the refineries that they rely on are still short
33:56
Speaker 2: on the credit they're not they are Japan, isn't Reader's
34:00
Speaker 2: got a big stockpile of course, no, yes, they did
34:02
Speaker 2: three hundred.
34:03
Speaker 14: Day what those guys have done, has gone to alternative
34:06
Speaker 14: sources because there's actually a lot of oil help there.
34:08
Speaker 2: So I'm Mike, so I Mike declares, I am ups over.
34:12
Speaker 14: I know, I am up beat. I am upbeat about
34:15
Speaker 14: this unfolding in the sense that it was always going
34:17
Speaker 14: to last four to six weeks.
34:19
Speaker 2: And Trump's hand has been forced by the global.
34:21
Speaker 14: Economy course, and that's and that's how that's how it works. Anyway,
34:24
Speaker 14: we'll have a lot more, including the governor.
34:26
Speaker 2: Of the brilliant mic is with your next Have a
34:28
Speaker 2: great day, brun Cena Mark
34:34
Speaker 1: For more from early edition with Ryan Bridge, Listen live
34:37
Speaker 1: to News Talks it'd be from five am weekdays, or
34:40
Speaker 1: follow the podcast on iHeartRadio.