Latest / Early Edition with Ryan Bridge / Full Show Podcast: 21 March 2025

Transcript

Full Show Podcast: 21 March 2025 · Early Edition with Ryan Bridge

0:02
Speaker 1: The issues.
0:03
Speaker 2: It's the interviews and the insight. Early with one room
0:08
Speaker 2: to make your property search simple.
0:11
Speaker 3: News talks that'd be good morning. Welcome to Early Edition
0:14
Speaker 3: on Friday, the twenty first of March. I'm Francisca Rudkin
0:17
Speaker 3: filling in for Andrew Dickens this morning. Good to have
0:19
Speaker 3: you with us. You are most welcome to contact me
0:21
Speaker 3: anytime this morning. You can flip me a text on
0:24
Speaker 3: ninety two ninety two. You can email me at Francesca
0:26
Speaker 3: at newstalkszb dot co dot nz. On the show today,
0:29
Speaker 3: good week for dairy farmers. We find out how they're
0:32
Speaker 3: feeling about Fonterra's bump of first half result. We look
0:35
Speaker 3: at what's happening with urgent healthcare in Napier. And we're
0:39
Speaker 3: officially out of a recession. The economy grew by zero
0:42
Speaker 3: point seven percent of the December quarter. Good news, but
0:45
Speaker 3: it still feels like we're in the early stages of recovery.
0:48
Speaker 3: We discussed this before the end of the hour.
0:52
Speaker 1: The agenda.
0:54
Speaker 3: It's Friday, the twenty first of March. All EU leaders
0:57
Speaker 3: except Hungary's Victor Auburn, have voted to continue support for Ukraine.
1:02
Speaker 3: In an official statement, The EU says twenty six of
1:05
Speaker 3: its twenty seven countries have agreed to keep pressure on
1:07
Speaker 3: Russia and give regular financial and military support to Ukraine. Meanwhile,
1:12
Speaker 3: military leaders from twenty countries are currently meeting with the
1:15
Speaker 3: UKPM Kiir Stamer this morning around peacekeeping options. Elon Musk
1:21
Speaker 3: has been urged to cut back on work with US
1:24
Speaker 3: President Donald Trump to stem damage to Tesla. Investors are
1:27
Speaker 3: concerned Tesla shares have lost a third of their value
1:29
Speaker 3: in the last month. Longtime Tesla backer, managing director of
1:32
Speaker 3: US financial firm where Bush Dan Ives, says Musk's involvement
1:37
Speaker 3: in DOGE is a brand crisis Tornado.
1:40
Speaker 4: I think from must he needs to balance this in
1:43
Speaker 4: terms of being house the CEO and DIRGE, and I
1:46
Speaker 4: believe taking a step back from DOGE is crucial to.
1:50
Speaker 1: The neant government.
1:52
Speaker 3: Debt payments in the world's richest nations as at its
1:55
Speaker 3: highest level since two thousand and seven. Across thirty eight
1:58
Speaker 3: OECD members, debt service costs as a percentage of GDP
2:03
Speaker 3: rose to three point three percent in twenty twenty four,
2:05
Speaker 3: up from two point four percent and twenty twenty one.
2:08
Speaker 3: According to the OECD's Global Debt report debt payments are
2:12
Speaker 3: higher than the amount spent on defense, police services and housing,
2:17
Speaker 3: and New Zealand wine has grown a popularity in the
2:20
Speaker 3: United States. For the sixteenth year in a row, New
2:23
Speaker 3: Zealand Wine Growers Report exports to the US totaled seven
2:26
Speaker 3: hundred and eighty seven million dollars in the year to
2:29
Speaker 3: June twenty twenty four. Chair Fabian Yukitch says the popularity
2:34
Speaker 3: has made the United States its most important market.
2:37
Speaker 5: Our wines are quite unique compared with wine for other
2:40
Speaker 5: parts of the world. We actually really make wines at
2:42
Speaker 5: consumers love, and I think that's the difference.
2:44
Speaker 4: But consumers keep coming back to our wines because of
2:46
Speaker 4: their taste and the aromas from the wine.
2:48
Speaker 3: And that's their gender.
2:50
Speaker 2: The first word on the News of the Day early
2:53
Speaker 2: edition with one roof from make Your Property Search Simple
2:57
Speaker 2: News talks.
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Speaker 3: That be So yesterday we spoke about a possible economic
3:01
Speaker 3: growth of zero point three percent towards zero point five percent,
3:05
Speaker 3: So it was a good surprise to see GDP up
3:07
Speaker 3: zero points seven percent for the December quarter, largely of
3:10
Speaker 3: tourism and agriculture, but eleven out of sixteen industries grew,
3:14
Speaker 3: though struggling the most to construction and professional services. The
3:17
Speaker 3: Finance Minister describes it as turning a corner. I tend
3:20
Speaker 3: to like A and Z economist Henry Russell's description. He
3:23
Speaker 3: told New Zealand heralds Liam Dan that it would be
3:26
Speaker 3: stretched to call the figures strong. He said, we chalk
3:29
Speaker 3: this up to the economy bouncing off the bottom. For
3:33
Speaker 3: all that, you could tell the government was relieved with
3:35
Speaker 3: the result. I thought they were restrained in their response.
3:38
Speaker 3: I heard both David Seymour and Nicola Willis comment yesterday
3:40
Speaker 3: and restraint was the right approach there. They are more
3:44
Speaker 3: than aware that there is a long way to go
3:46
Speaker 3: for a lot of keywaves to feel like we've turned
3:48
Speaker 3: a corner. Sure, inflation is back under control, interstrates are
3:52
Speaker 3: on the decline, but global instability is making people nervous.
3:55
Speaker 3: There needs to be something more tangible in hand to
3:57
Speaker 3: make us feel like we're getting back on track. And
3:59
Speaker 3: it doesn't come from a holida of stats and graphs.
4:02
Speaker 3: It's not until my power company informs me my price
4:05
Speaker 3: is coming down and not up. Many good and talented
4:08
Speaker 3: people stop losing their jobs and the price of butter
4:10
Speaker 3: comes down and the general cost of living settles. Then
4:14
Speaker 3: maybe will feel like we've turned a corner. As always,
4:18
Speaker 3: you're most welcome to text throughout the morning. Ninety two
4:21
Speaker 3: ninety two You're with early addition, it is ten past
4:24
Speaker 3: five on your radio.
4:26
Speaker 2: And online on iHeartRadio Early edition with one roof.
4:31
Speaker 1: Make your property search simple, use dog sat be.
4:35
Speaker 3: It's thirteen past five. Protests over a lack of after
4:39
Speaker 3: hours medical care in Napier will go ahead despite an
4:42
Speaker 3: agreement yesterday to enhance the service. Napier currently has no
4:45
Speaker 3: doctor after eight pm mening. The closest medical care overnight
4:48
Speaker 3: is a twenty five minute drive to Hastings. Yesterday, Health
4:51
Speaker 3: Minister Simeon Brown announced an increase in the overnight urgent
4:55
Speaker 3: care service in the area, including access to nurse prescribers
4:59
Speaker 3: and medical support via Tallyhealth. Patient voice says it's not
5:03
Speaker 3: good enough and the planned protest will be going forward.
5:06
Speaker 3: Chair and protest organizer Malcolm mul Holland is worth me now.
5:09
Speaker 3: Good morning, Malcolm, Yeah, good morning. What did you make
5:13
Speaker 3: of the health minister's announcement yesterday?
5:16
Speaker 5: Oh? I found it underwhelming. I don't think it as
5:20
Speaker 5: a service that meets in need of the Napier community,
5:23
Speaker 5: and it certainly doesn't seem to be a service that,
5:27
Speaker 5: if you like, you know, is something that was promised
5:31
Speaker 5: to the community when the hospital shot its stores back
5:35
Speaker 5: in nineteen ninety eight.
5:37
Speaker 3: What do the people of Napier need.
5:40
Speaker 5: I think in particular, they want access to a GP
5:44
Speaker 5: between those hours of eight at night to eight in
5:48
Speaker 5: the morning. You know, Debt's been one of the ladin
5:52
Speaker 5: VEHA calls. They would much rather see a GP in
5:56
Speaker 5: the flesh if they are needing urgent care and write, now,
6:00
Speaker 5: that's not a service that's on the table.
6:03
Speaker 3: So what would have you like to have seen from
6:05
Speaker 3: the Health minister yesterday? A GP as opposed to a
6:08
Speaker 3: nurse practitioner and a nurse put made available.
6:11
Speaker 5: Yeah, absolutely, that are GPP there in the flesh. Because
6:16
Speaker 5: there are some issues around a nurse who is a prescriber.
6:21
Speaker 5: So my understanding is that they can only prescribe medication
6:25
Speaker 5: for common or for long term conditions, and I would
6:30
Speaker 5: assume that many people who present to Napier for urgent
6:34
Speaker 5: care wouldn't be in that bracket as well as the need.
6:41
Speaker 5: So some doctors are quite reluctant to say via telehealth
6:47
Speaker 5: this patient is the need of this medication without actually
6:50
Speaker 5: seeing them in the flesh. So I'm understanding is depending
6:52
Speaker 5: on who the GP is at the under end of
6:54
Speaker 5: the line will determine whether or not a patient will
6:56
Speaker 5: actually receive the medication that they need.
6:59
Speaker 3: You got anywhere that you can pick up a prescription
7:01
Speaker 3: after ours?
7:02
Speaker 5: Yeah, very good question. I don't believe that there is,
7:05
Speaker 5: and I think that that is one of the services
7:08
Speaker 5: that the minister has indicated he would like, you know,
7:11
Speaker 5: there to be more work done and for that to
7:14
Speaker 5: potentially happen at the Napier Health Center. But right now
7:19
Speaker 5: that doesn't seem to be something that people who go
7:23
Speaker 5: there can excess right now.
7:26
Speaker 3: So where did the government it sounds like a series
7:29
Speaker 3: of governments here go wrong with this new plan for Napier.
7:34
Speaker 5: Well, I think they haven't appreciated. I guess that Napier
7:40
Speaker 5: is first for a city of sixty seven thousand people.
7:44
Speaker 5: And that's whilst there might be ed services available in Hastings,
7:49
Speaker 5: which is a twenty twenty five minute drive, the people
7:52
Speaker 5: of Napier do deserve, you know, a robust after our
7:57
Speaker 5: place with the teen go to be seen for urgent
8:00
Speaker 5: here and that was something that was promised to them.
8:03
Speaker 5: So napier citizens do feel like they've been let down
8:07
Speaker 5: and that the government have not come through with their
8:12
Speaker 5: end of steal.
8:14
Speaker 3: I mean, Malcolm, there's probably a lot of places around
8:16
Speaker 3: the country where we're having to drive twenty five minutes
8:18
Speaker 3: to get to after our care. I mean, there will
8:20
Speaker 3: be parts of Auckland where you know you'd be driving
8:23
Speaker 3: at least that to reach care. Is it the issue
8:27
Speaker 3: to drive or is the issue the fact that you know,
8:29
Speaker 3: once again we don't want to be overloading our ed
8:32
Speaker 3: departments such as the one that Hasting's Hospital with cases
8:36
Speaker 3: that don't to be there.
8:38
Speaker 5: Well, that's right, it is absolutely that because right now
8:41
Speaker 5: they will tell you that it's very hard to be
8:44
Speaker 5: seen Hasting ZD. Hasting ZD more times than not has
8:48
Speaker 5: absolutely full to the brim, if not flown out the door.
8:52
Speaker 5: So there is there issue. But you've also got people
8:55
Speaker 5: who I think, quite rightfully, who live in our city
8:59
Speaker 5: you know, should be able to be seen for urgent care,
9:03
Speaker 5: not in an emergency situation, but for urgent care. And
9:06
Speaker 5: keep in mind too that after cyclone Gabriel, the city
9:10
Speaker 5: was actually cut off and so people weren't able to
9:14
Speaker 5: commute from Nature to Hastings and that's a big concern
9:18
Speaker 5: amongst the community, Malcolm.
9:20
Speaker 3: Is a lack of after ours medical service is an
9:23
Speaker 3: issue in other areas of the country.
9:25
Speaker 5: I yeh No, most definitely, and it seems to be
9:31
Speaker 5: that the preferred option is to go towards a telehealth model.
9:35
Speaker 5: So I'm thinking for example, down on the West Coast
9:39
Speaker 5: and Buller where I come from, they've shut down thereafter
9:42
Speaker 5: our clinics. They were about four or five smester amongst
9:47
Speaker 5: the West Coast there, and there was a real concern
9:51
Speaker 5: amongst some via that tellyhealth is not the solution for all.
9:55
Speaker 5: You've got a predominantly older population, but you've also got
9:58
Speaker 5: pockets of a community that don't have or even cell
10:00
Speaker 5: phone access for that matter. So you know, often a
10:04
Speaker 5: lot of communities are very anxious about in my time
10:08
Speaker 5: of need, m I going to be able to get
10:11
Speaker 5: access to in this case, emergency services, not just agent.
10:15
Speaker 3: Yeah, Malcolm, thank you so much for your time this morning.
10:18
Speaker 3: That was Malcolm mul holland there, the chair and protest organizer,
10:22
Speaker 3: and he is also going to be doing a bit
10:24
Speaker 3: of a rojo around the country with the petition around
10:27
Speaker 3: the health system. It is It is eighteen past five.
10:31
Speaker 3: News Dogs their B.
10:32
Speaker 1: News and Views you trust has done.
10:34
Speaker 2: Your day is early edition with one room make your
10:38
Speaker 2: property search simple.
10:40
Speaker 1: News Dogs B.
10:41
Speaker 3: It is twenty one past five. It has been a
10:43
Speaker 3: brilliant week for our dairy farmers. Fonterra has delivered a
10:46
Speaker 3: bumper first half result with net profit up to seven
10:48
Speaker 3: hundred and twenty nine million dollars, a dividend of twenty
10:51
Speaker 3: two cents a share will be paid, and the midpoint
10:53
Speaker 3: milk price is still at ten bucks a kilo. Chair
10:56
Speaker 3: Federated Farmers Dairy Industry Group, Richard McIntyre is where us
10:59
Speaker 3: good more.
11:01
Speaker 6: Good morning.
11:02
Speaker 3: So is the mood the vibe on the farm shifting
11:05
Speaker 3: to something a little bit more positive?
11:08
Speaker 6: Yeah, farmers are, or dairy farmers are a lot more
11:11
Speaker 6: optimistic at the moment.
11:12
Speaker 1: You know.
11:12
Speaker 6: Obviously we've got a few that are going through a
11:14
Speaker 6: draft at the moment in the Northoland, but a lot
11:17
Speaker 6: of it rain over the last few days, which is
11:19
Speaker 6: sitting there. Boyd spirits a little bit in that respect,
11:21
Speaker 6: but look, you know a tend tole a milk price
11:23
Speaker 6: is great, you know the fact that's becoming more and
11:26
Speaker 6: more certain is really really positive. And we're hearing a
11:29
Speaker 6: lot of talk about attend to a milk price for
11:31
Speaker 6: next season as well, which is awesome. So the break
11:34
Speaker 6: even milk price is sitting at around eight dollars fifty
11:36
Speaker 6: at the moment, so it's still really high, but there's
11:38
Speaker 6: still a reasonable margin there for the average farmer, and
11:43
Speaker 6: a lot of talking about, you know, paying down some debt,
11:46
Speaker 6: you know, a lot of accumulated some debt over the
11:48
Speaker 6: last few years to paying that down, some deferred maintenance
11:51
Speaker 6: or some capital projects, and probably you know, for the
11:54
Speaker 6: first time in quite a while, I'm hearing a lot
11:56
Speaker 6: of farmers starting to ask a but few questions and
11:59
Speaker 6: talk about what they could or should invest in their
12:02
Speaker 6: farm that will future proof it for the next ten
12:04
Speaker 6: or twenty years. So, you know, that is awesome.
12:07
Speaker 3: What is the answer to that, Look.
12:10
Speaker 6: It really depends on the farm and this situation. You know,
12:14
Speaker 6: there are a lot of improvements that can be made
12:16
Speaker 6: to I guess, focus on productivity and production. There are
12:20
Speaker 6: improvements that can be made to reduce greenhouse gas emissions
12:24
Speaker 6: or on preved water quality, and it depends on I
12:26
Speaker 6: guess the starting point for those farms and whether low
12:29
Speaker 6: hanging fruit is first and foremost.
12:31
Speaker 3: This follows forecast this week of back to back good seasons,
12:34
Speaker 3: which is quite unusual, isn't it? Can it last?
12:38
Speaker 6: Well, that's a really good question. So it is quite
12:41
Speaker 6: rare to have a couple of good.
12:42
Speaker 5: Seasons in a row.
12:43
Speaker 6: So often when you have a really good milk prices
12:45
Speaker 6: because international milk prices are really high, and although we
12:51
Speaker 6: although we produce a large proportion of the milk that
12:54
Speaker 6: is traded across borders, we only produce a small proportion
12:57
Speaker 6: of the milk that is produced in the world, and
12:59
Speaker 6: so a lot of the other producers in the world
13:01
Speaker 6: actually just ran up production when prices are high, and
13:04
Speaker 6: often they overshoot a little bit and oversupply the following
13:07
Speaker 6: year at the milk price drops. So we've always going
13:09
Speaker 6: to be really aware of that. You know, these productions
13:11
Speaker 6: for next year great, but there is a chance that
13:14
Speaker 6: the milk price might drop still, and.
13:17
Speaker 3: You're all concerned about the global economic instability at the moment.
13:23
Speaker 6: Look, I thank everyone's a little bit worried about where
13:27
Speaker 6: that might go this and there a little bit of uncertainty,
13:29
Speaker 6: but you know, the other side of it is in
13:31
Speaker 6: New Zealand produces really good, safe food and you know
13:36
Speaker 6: it's well, it's grass fed, it's sought out throughout the world,
13:40
Speaker 6: and so you know, we typically get a bit of
13:42
Speaker 6: a premium for that. And so in any sort of
13:44
Speaker 6: trade wars or anything like that, you know, typically we'll
13:48
Speaker 6: still have people that we want to buy, all countries
13:50
Speaker 6: that we want to buy milk products. So last time,
13:53
Speaker 6: you know, Trump got on, we had all that talk
13:56
Speaker 6: about tariffs, etc. What really happened was that Mexico decided
14:02
Speaker 6: that they really wanted our milk products over over Americas,
14:05
Speaker 6: and we set and sold a hold of milk cares
14:08
Speaker 6: just to wait and see, isn't it rich Yeah, yeah,
14:10
Speaker 6: we create opportunities as well.
14:12
Speaker 3: Thank you so much for your time. Richard McIntyre. It
14:15
Speaker 3: is twenty four past.
14:16
Speaker 2: Five the early edition Full The Show podcast on iHeartRadio,
14:20
Speaker 2: Power by News Talks at Me.
14:23
Speaker 1: Right.
14:23
Speaker 3: Did the news yesterday the economy has grown more than
14:26
Speaker 3: expected put you in a good mood for the week.
14:28
Speaker 3: Maybe the news that Fonterra has done so well put
14:31
Speaker 3: a spring in your step, or the opportunity to grab
14:33
Speaker 3: a bargain and they have to pay sales this weekend.
14:35
Speaker 3: Is that putting a smile on your face, or maybe
14:37
Speaker 3: none of these things had an impact on your happiness.
14:41
Speaker 3: According to the World Happiness Report, which was published yesterday
14:43
Speaker 3: by the Well Being Research Center at the University of Oxford,
14:46
Speaker 3: happiness isn't just about wealth or growth. It's about trust,
14:49
Speaker 3: connection and knowing people have your back. It is not
14:53
Speaker 3: a huge surprise. Finland is the happiest country in twenty
14:56
Speaker 3: twenty five for the eighth year. In row. Denmark, Iceland
14:59
Speaker 3: and Eden came in at second, third and fourth. In
15:02
Speaker 3: Costa Rica and Mexico both ranked in the top ten
15:04
Speaker 3: for the first time. New Zealand came in at twelfth,
15:06
Speaker 3: between Australia and Switzerland. Now, look, I tend to roll
15:10
Speaker 3: my eyes every time we compare New Zealand to a
15:12
Speaker 3: Scandinavian country. We make constant comparisons due to population size,
15:16
Speaker 3: but we are different countries with different resources and really
15:19
Speaker 3: follow their lead. But it is intriguing to look at
15:21
Speaker 3: why Finland is such a happy place. According to the
15:24
Speaker 3: managing director at Galop, who partnered on the study, the
15:27
Speaker 3: reason finished people are happier than most is because of
15:30
Speaker 3: a belief in others, optimism for the future, trust and institutions,
15:35
Speaker 3: and support from friends and family. Does any of that
15:39
Speaker 3: feel familiar to us right now? I kind of feel
15:41
Speaker 3: like twelfth for New Zealand feels about right. Between twenty
15:46
Speaker 3: sixteen and twenty twenty, we were eighth, and we've been
15:49
Speaker 3: slowly slipping down the list since twenty twenty one. Look,
15:52
Speaker 3: we all know that health and wealth are not solely
15:55
Speaker 3: responsible for happiness, but they play a part unless you
15:59
Speaker 3: have to stress about them, the more you can focus
16:01
Speaker 3: on being happy. But the study has turned up some
16:03
Speaker 3: unexpected strong predictors of well being. Sharing meals with others,
16:08
Speaker 3: having someone to count on for social support, and household
16:10
Speaker 3: size all play a part. Basically, social connection is key
16:14
Speaker 3: to happiness in this era of social isolation and polarization.
16:18
Speaker 3: This applies particularly to young adults. The study found that
16:21
Speaker 3: nineteen percent of young adults across the world reported that
16:24
Speaker 3: they have no one they could count on for social support.
16:27
Speaker 3: That's a thirty nine percent increase compared to two thousand
16:30
Speaker 3: and six. It may, of course, be a hangover from
16:32
Speaker 3: the pandemic, or, more likely, the consequence of giving our
16:35
Speaker 3: lives over to devices and social media. The Harvard Study
16:40
Speaker 3: of Adult Development, The famous eighty plus year's study into
16:44
Speaker 3: Happiness has already established a strong correlation between deep relationships
16:49
Speaker 3: and well being. So look, this revelation about social connection
16:52
Speaker 3: isn't news. Maybe it's an important reminder though, for us
16:55
Speaker 3: all to put our phones down, sit up at the
16:57
Speaker 3: dining table and have a chat. Said so, health and wealth,
17:02
Speaker 3: is that what makes you happy? Or would you agree
17:04
Speaker 3: that there is more to life? And maybe it's a
17:06
Speaker 3: sort of mind over matter. Maybe we just need to
17:08
Speaker 3: get some good old fashion optimism back. What makes you happy?
17:13
Speaker 3: You can text on ninety two ninety two you're with
17:16
Speaker 3: News Talk siby.
17:34
Speaker 2: Early edition with one roof make your property search a
17:37
Speaker 2: simple News Talk sibbis.
17:50
Speaker 3: Good morning, this is early edition on News Talk ZB.
17:53
Speaker 3: I'm free Tisco bud Can filling in for Andrew today.
17:55
Speaker 3: Thanks for being with us. In the next half hour
17:57
Speaker 3: head to Europe where military leaders are meeting in London
17:59
Speaker 3: to or our operational plans for the Coalition of the
18:02
Speaker 3: Willing to defend Ukraine. And of course the good news yesterday,
18:06
Speaker 3: a better result than expected for the economy, which grew
18:08
Speaker 3: by zero point seven percent in the final quarter of
18:10
Speaker 3: last year. A nice surprise for a Thursday. So we're
18:13
Speaker 3: out of a recession, but does it feel like we are.
18:16
Speaker 3: The government acknowledges there is some way to go, so
18:18
Speaker 3: we're going to talk about what it's going to take
18:20
Speaker 3: to feel like we have turned the corner before the
18:23
Speaker 3: end of the hour. Thank you very much for your feedback.
18:28
Speaker 3: Steve suggested that Malcolm might have been moaning a little bit.
18:31
Speaker 3: He says, I live in Taiappe and we have to
18:33
Speaker 3: drive ninety minutes to ed and says Dargavill also has
18:38
Speaker 3: an issue worth after our care morning. Francesca on the
18:42
Speaker 3: farmers arm a farmer and yes we will try and
18:44
Speaker 3: pay down debt, but back to back profitable years means
18:48
Speaker 3: we can invest in technology to monitor cow health better,
18:52
Speaker 3: milk cows better, fix fences, races, Buildings may be replaced,
18:57
Speaker 3: maybe replace the silent wagon that's get a hammering in
19:00
Speaker 3: this drought. We know we might find ourselves in survival
19:03
Speaker 3: mode again in two years. Meanwhile, we'll try and improve
19:07
Speaker 3: life our people and cows. It's a nice place to
19:10
Speaker 3: be for a change. That is really good to hear.
19:13
Speaker 3: Keep the feedback coming. You can text on ninety two
19:16
Speaker 3: ninety two dos z be right, let's head around the
19:19
Speaker 3: country and joining us now from Dunedin as Callum proctor,
19:22
Speaker 3: what's going on with the bluff oysters?
19:24
Speaker 4: Callum, yeah, Well, one of the one of the major
19:28
Speaker 4: bluff oyster suppliers has pulled the pin on this season.
19:32
Speaker 4: The e WE owned Nightahoo Seafood has says that it
19:35
Speaker 4: will not harvest the oyster the season due to ongoing
19:39
Speaker 4: concerns about the poor state of the fishery. Nightaho owns
19:43
Speaker 4: about twenty percent of the allowable catch quota for bluff oysters.
19:47
Speaker 4: The chief executive, Todd Moyles, toldus Loop they're facing challenges
19:50
Speaker 4: around disease and viruses, as well as other factors like
19:53
Speaker 4: climate change, which has led to see temperatures fluctuating and
19:57
Speaker 4: disrupting the food source. Auckland stant Depot Eastery, an oyster
20:01
Speaker 4: bar owned by Al Brown, has announced it won't be
20:04
Speaker 4: serving the oysters this season, following conversations with the Bluff Fishery.
20:08
Speaker 3: And Dunedin's weather today Callum.
20:11
Speaker 4: Fog patches this morning, but find today light wins and
20:13
Speaker 4: twenty three today good.
20:15
Speaker 3: To hear, Thank you so much. Claire Sherwood is in
20:17
Speaker 3: christ Church and it's exciting times because christ church Is
20:20
Speaker 3: new stadium is opening its doors early to a handful
20:24
Speaker 3: of lucky contabriance.
20:26
Speaker 7: That's the keyword, Francesca, a handful. This is part of
20:28
Speaker 7: the Open christ Church Festival, which starts in May. It's
20:33
Speaker 7: a weekend long event. It showcases fifty one buildings of
20:36
Speaker 7: what they consider architectural interest across christ Church. The Court Theater,
20:40
Speaker 7: for example, is one of them that will be its
20:42
Speaker 7: opening weekend. But Open christ Church director Jessica Holidays also
20:46
Speaker 7: confirmed there'll be twenty tickets available to go inside our
20:50
Speaker 7: new stadium, which is massive and hard to miss at
20:53
Speaker 7: the moment, but it is a good it's still a
20:54
Speaker 7: good year off completion, so everyone wants to see what
20:57
Speaker 7: it looks like and gee, find twenty tickets.
21:02
Speaker 6: I know.
21:02
Speaker 7: Look, and Jessica says, this is really daunting because of
21:05
Speaker 7: the population obviously and the interest it's going to generate.
21:08
Speaker 7: I could count twenty people who I know that would
21:11
Speaker 7: want to go, but it's the best they can do
21:13
Speaker 7: to get around that. And this is where it gets
21:15
Speaker 7: even harder. For the first time ever, they're going to
21:17
Speaker 7: run a ballot for entry, so we'll literally draw names
21:20
Speaker 7: from a hat.
21:21
Speaker 3: Like winning lotto. The weather today.
21:23
Speaker 7: Clear fine aside from some evening and evening cloud rather
21:28
Speaker 7: fresh and northeastles developing and the high should be nineteen.
21:31
Speaker 3: Thank you so much. And Max Toll is with us
21:33
Speaker 3: from Wellington and Max Wellington. Crypto outbreak has authorities on alert.
21:38
Speaker 8: Yeah, not the currency, unfortunately, this is cryptospiidiosis. Health New
21:44
Speaker 8: Zealand warning Wellingtonians have an outbreak. Thirty two cases reported
21:47
Speaker 8: so far. That's far more than the usual in the
21:49
Speaker 8: region and they're mainly linked to the Hut Valley as well.
21:53
Speaker 8: The Health agency warning preschools local health centers specifically to
21:57
Speaker 8: keep an eye out for the disease. Swimming pools are
21:59
Speaker 8: believed to be a key link to many of the cases.
22:03
Speaker 8: The gastric illness causes diarrhea, stomach cramps. Health New Zealand
22:07
Speaker 8: warning that crypto is spread by hands contaminated with BCEs.
22:11
Speaker 8: Sorry too early in the morning.
22:13
Speaker 3: For this charming.
22:15
Speaker 8: Important to know. I suppose that's my only defense during
22:18
Speaker 8: toilet use or nappy changing from hands. It can spread
22:20
Speaker 8: to services, toys, food, water or in water like spas,
22:24
Speaker 8: swimming pools and baths, and if you get it, you
22:27
Speaker 8: probably have to take yourself out of action, incubate for
22:30
Speaker 8: up to twelve days.
22:30
Speaker 3: No important information. And Wellington's weather today max.
22:34
Speaker 8: Much better, cloud clearing becoming fine southerlyas twenty the high central.
22:38
Speaker 3: Thank you so much, have a good weekend and never
22:40
Speaker 3: britty Manu is with us in the Auckland studio. Good
22:43
Speaker 3: morning Friday.
22:44
Speaker 2: We made it.
22:44
Speaker 3: We made it. An Auckland councilor says he would have
22:47
Speaker 3: liked more time to weigh a decision around the fate
22:50
Speaker 3: of the city's speedways. And I'm sorry we are not
22:53
Speaker 3: talking about Western Spring speeds ways, which the council has
22:56
Speaker 3: been discussing for at least a decade. Are you serious?
23:01
Speaker 9: I am serious? Is this that we were talking about
23:03
Speaker 9: this in the newsroom too? I thought, I don't really
23:05
Speaker 9: want to do this story. Is this why we can't
23:07
Speaker 9: do anything here in Auckland? Is this five things never
23:09
Speaker 9: ever happened? Renchie Scat, what do you do? So the
23:12
Speaker 9: final set of races at Western Springs now they're going
23:14
Speaker 9: to be run tomorrow starting at six pm. And that's
23:17
Speaker 9: obviously before they moved to any long as wiye a
23:19
Speaker 9: u a Park. Auckland Council is going to give the
23:21
Speaker 9: park eleven million dollars for upgrades. But you know, as
23:25
Speaker 9: we all know, there have been claims of this misrepresentation
23:27
Speaker 9: and a lack of consultation Speedway INSEAD calling the decision
23:31
Speaker 9: of blind Side counselor of Mike Lisay's. Look, it seems
23:34
Speaker 9: a bit hasty. They needed to be more consideration of,
23:38
Speaker 9: you know, like what those coin consequences would have been, because.
23:43
Speaker 3: It keeps right, it just it just I didn't you
23:45
Speaker 3: hear it's the last race this weekend? You going if
23:48
Speaker 3: you're in.
23:49
Speaker 9: A coma like two years ago and you woke up
23:51
Speaker 9: and we thought and you hear this, you thought, loop
23:53
Speaker 9: there's still going on about that?
23:55
Speaker 3: Well, I think you probably have a lot of other
23:56
Speaker 3: things to be excited about. But yes, you might also
23:59
Speaker 3: think that what's the weather today?
24:01
Speaker 9: We need rain and we're not getting it. We're not
24:03
Speaker 9: getting it at all this weekend. And I'm going to
24:04
Speaker 9: continue my rant a high of twenty five. So that's
24:07
Speaker 9: good fine apart from afternoon cloud.
24:09
Speaker 3: Thank you so much. Next we're off to Europe to
24:11
Speaker 3: get the latest on the coalition of the welling. Maybe
24:13
Speaker 3: that's what we need in Auckland, A Coalition of the Willing.
24:15
Speaker 3: It is seventeen to six news talks AB. If you're
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Speaker 2: INZ International Correspondence with insid Eye Insurance peace of mind
25:12
Speaker 2: for New Zealand business.
25:14
Speaker 3: Vincent Mecaviny is with us this morning from the UK
25:17
Speaker 3: and Europe. Good morning, Vincent, Good morning. Tell me what
25:21
Speaker 3: is happening with this European military meeting over the Ukraine.
25:27
Speaker 10: Yeah, the leaders of twenty militaries from across Europe are
25:31
Speaker 10: meeting in UK today to discuss this potential coalition of
25:35
Speaker 10: the willing what they could deploy to Ukraine if there
25:38
Speaker 10: is a ceasefire. However, President Putin has put down conditions,
25:42
Speaker 10: saying that he wouldn't want any NATO member troops to
25:45
Speaker 10: be in Ukraine, regardless of their badge that they were
25:48
Speaker 10: serving under, which effectively tries to scuffer the plan before
25:51
Speaker 10: it's even started. But President Zelenski has been addressing leaders
25:55
Speaker 10: in Brussels today saying it's not acceptable for Putin to
25:58
Speaker 10: be dictating the terms to the extent that he is
26:01
Speaker 10: banning the likes of joining NATO in the future and
26:03
Speaker 10: trying to stop the country from joining the European Union.
26:06
Speaker 10: So it seems from all that we've seen so far,
26:09
Speaker 10: despite President Trump's assertions that he had a good call
26:12
Speaker 10: with President Putin, if he's not willing to budge on
26:14
Speaker 10: the peacekeepers going in then he is just stalling for
26:18
Speaker 10: more time.
26:19
Speaker 3: And Finland is the happiest country on Earth. Not a
26:24
Speaker 3: huge surprise, eight time in a row.
26:27
Speaker 10: Yeah, this is the UN sponsored World Happiness Report that
26:31
Speaker 10: comes out every year. For the eighth year in a row,
26:33
Speaker 10: Finland has won on this. They're saying it's due to
26:37
Speaker 10: the access to nature and the strong welfare system that
26:40
Speaker 10: the country has. It won't be surprised that there are
26:42
Speaker 10: other Nordic countries right in that sort of top five.
26:45
Speaker 10: You've got Denmark, Iceland, Sweden and the Netherlands. But there
26:48
Speaker 10: are two new editions as well. Costa Rica and Mexico
26:51
Speaker 10: have entered the top ten for the first time due
26:53
Speaker 10: to the strength of family bonds. And I can tell
26:56
Speaker 10: you that New Zealand is sitting pretty pretty at twelve,
27:01
Speaker 10: one behind Australia, though one behind Australian.
27:03
Speaker 3: Afraid we're slipping Vincent. Where was the UK?
27:07
Speaker 10: Well, the UK has fallen as well, down to twenty
27:10
Speaker 10: three along with the US. But one good thing from
27:13
Speaker 10: the study was that it found that people our strangers
27:18
Speaker 10: twice as kind as people think. They measured this using
27:21
Speaker 10: a range of factors showing sort of They did an
27:23
Speaker 10: experiment where people have found a wallet and assessed how
27:27
Speaker 10: many people then attempted to hand it in, and the
27:30
Speaker 10: result was double what the expectation of most people thought
27:33
Speaker 10: it would be.
27:34
Speaker 3: There we go, Vincent, thank you so much, have a
27:36
Speaker 3: lovely weekend. Sid be right, it's starting to look out
27:40
Speaker 3: for New Zealand as all signs point to a stronger economy.
27:44
Speaker 3: The GDP rose by zero point seven percent in the
27:46
Speaker 3: December quarter, indicating we've come out the other side of
27:49
Speaker 3: the recession. Not in any great rush, you could say.
27:52
Speaker 3: Council of Trade Union's economist Craig Greeny is with us now.
27:55
Speaker 3: Good morning, Craig.
27:57
Speaker 1: Good morning.
27:58
Speaker 3: We're out of the recession. But does it feel that way.
28:01
Speaker 11: It won't feel like we're for many people. We're out
28:04
Speaker 11: of the recession on a quarterly basis, as you say,
28:06
Speaker 11: we grew zero point seven percent in the last three months,
28:08
Speaker 11: because on an annual basis, we're still down. We're still
28:11
Speaker 11: down one point one percent. So you know where where
28:14
Speaker 11: where certainly stopped the recession, but we're still the economy
28:18
Speaker 11: is still smaller, and with unemployment rising and the cost
28:21
Speaker 11: of living still being a real challenge for many people,
28:24
Speaker 11: it won't feel like we're we've genuinely seen recovery yet
28:27
Speaker 11: for many people around our ted.
28:29
Speaker 3: What is it going to take for us to feel
28:32
Speaker 3: like the economy is recovering properly? Do you think?
28:36
Speaker 11: I think many people are going to need to feel
28:38
Speaker 11: that difference in their wallets. They're going to need to
28:40
Speaker 11: feel security and confidence. One of the things we know
28:43
Speaker 11: is that businesses are aren't confident to invest. So in
28:47
Speaker 11: the GDP day today yesterday their business investments for whether
28:51
Speaker 11: consumers are going to need to feel confident and go
28:54
Speaker 11: god by as things. So we saw durable birds, washing machines, thosets,
29:00
Speaker 11: things that consumption of those fell last year. I think
29:04
Speaker 11: confidence is really lacking still in an easy Lando colony
29:07
Speaker 11: right now, and that's a function of rising and employment.
29:09
Speaker 3: Sadly, well, we've noticed that we've seen that, haven't we
29:12
Speaker 3: We've seen a recent slump and consumer confidence. So there's
29:15
Speaker 3: growth that we have seen. Do you think it's sustainable?
29:19
Speaker 11: You honest, Like everything else in the economics, we'll find out.
29:22
Speaker 11: But in terms of the next few months, we expect
29:25
Speaker 11: GDP to keep growing. What happens after that really depends
29:29
Speaker 11: upon international factors, including Donald Trump and tariffs, and the
29:35
Speaker 11: extent to which we see more changes at the budget
29:39
Speaker 11: that again reduce consumer confidence and reduce the confidence of
29:43
Speaker 11: businesses to invest.
29:44
Speaker 3: Unemployment is expected to keep rising. What might every day
29:47
Speaker 3: workers win? Might every day workers sort of see some relief.
29:51
Speaker 11: Well, we keep expecting unemployments to keep rising over the
29:55
Speaker 11: next year, or of employments for lagging indicator, so we
29:58
Speaker 11: started to see some growth little a while before start
30:02
Speaker 11: recruiting in a serious way again, so we expect an
30:05
Speaker 11: employment to keep paging during the yes, so by the
30:07
Speaker 11: end of twenty twenty five, workers may feel more confident
30:11
Speaker 11: because of employments on its way down. But it's the
30:14
Speaker 11: extent to which again that translates into pay packets for workers.
30:18
Speaker 11: Forty six percent of workers last year got to pay
30:21
Speaker 11: rise less than inflation, and we saw many workers heading overseas,
30:26
Speaker 11: particularly to Australia where pain conditions are better.
30:30
Speaker 5: So it's going to be.
30:31
Speaker 11: A while before or workers feel any benefit from any
30:35
Speaker 11: growth in the economy. And we saw that in the
30:37
Speaker 11: data yesterday where profits were rising at more than three
30:41
Speaker 11: times the speed of wages in New Zealand. So if
30:45
Speaker 11: there is a recovery, it seems to be tilted towards
30:48
Speaker 11: the side of businesses at the moment rather than workers
30:51
Speaker 11: in their pay packets.
30:52
Speaker 3: And the beings. It sid yesterday that on a per
30:54
Speaker 3: capita basis, our forecast seduced the previous peak and activity
30:58
Speaker 3: won't be achieved until early twenty two. Would you agree
31:01
Speaker 3: with that?
31:03
Speaker 1: Certainly.
31:03
Speaker 11: You know that the GDP PIC capital has fallen for
31:06
Speaker 11: two years, it's taken and it's taken a real battering.
31:09
Speaker 11: It's now more it was in more than five percent
31:11
Speaker 11: lower than it's peak. It's going to take a very
31:14
Speaker 11: long time to get back to it. You know, it's
31:17
Speaker 11: it's peak pre the start of these falls. I hope
31:21
Speaker 11: it doesn't take that long, but it may well be
31:24
Speaker 11: that it takes a very long time to get back
31:26
Speaker 11: to the twenty twenty is raised. It isn't the matter,
31:29
Speaker 11: but certainly a long way off.
31:31
Speaker 3: Craig, I thought the government the response from the government
31:34
Speaker 3: was very restrained yesterday at that positive result. They're very
31:38
Speaker 3: aware there is a long way to go before New
31:42
Speaker 3: Zealanders feel like we, you know, probably have turned a
31:45
Speaker 3: corner or at a heading to a good place. What
31:47
Speaker 3: do you want to see from the government in terms
31:50
Speaker 3: of an economic plan.
31:52
Speaker 11: Well, that's exactly what I'd like to see, is an
31:55
Speaker 11: economic plan. We had the Going for Growth document, which
32:00
Speaker 11: their economic strategy, and it was eighty bullet points, forty
32:05
Speaker 11: of which have already been done. So it's not really
32:09
Speaker 11: a plan. There's no plan for investment right now. Investment
32:13
Speaker 11: every falls every year over the next four years on
32:17
Speaker 11: physical things like roads, schools, hospitals. We don't have a
32:21
Speaker 11: plan for the workforce. We don't have a plan to
32:24
Speaker 11: tackle that rising unemployment. We don't have a plan to
32:28
Speaker 11: help low income families. And it's when we tackle those
32:31
Speaker 11: things that will start to see the return in confidence
32:34
Speaker 11: and that the confidence will result in higher investments and
32:37
Speaker 11: therefore more jobs and the greater economic security for workers.
32:41
Speaker 11: And that's what we need at the moment, is is
32:43
Speaker 11: that sense of an economic plan, And sadly it's still missing.
32:46
Speaker 3: Craig, thank you so much for your time. That was Craig,
32:48
Speaker 3: really the Council of Trade Union's economist. It is five
32:52
Speaker 3: to six My costing up next.
32:53
Speaker 2: The News you Need this Morning and the in depth
32:56
Speaker 2: analysis early edition with One Room, Make Your Properties Simple.
33:01
Speaker 1: News talk z B.
33:04
Speaker 3: Coming up at six is Mike Hostking and he is
33:07
Speaker 3: with me. Now, good morning, good morning, pop quiz.
33:08
Speaker 8: You're ready?
33:08
Speaker 3: Okay, you go?
33:09
Speaker 12: Who's Pete Murray?
33:11
Speaker 3: Pete Murray? No idea, there we go.
33:13
Speaker 8: Four out of four.
33:14
Speaker 12: So Sammy wants me to do an interview with Pete Murray.
33:17
Speaker 3: No, I'm sorry, sam.
33:18
Speaker 12: No, no, no no, because you're a singer. Well, I
33:22
Speaker 12: pick the feedback from the googler in the double play.
33:25
Speaker 3: She's not a googler. Hands off, she's hands off a keyboard.
33:28
Speaker 3: Hands are in the egg Mike.
33:29
Speaker 12: Google, do you sound like one of one of the
33:31
Speaker 12: prize when he's on z B They got it now
33:33
Speaker 12: and now what to hang on? There it is, I've
33:36
Speaker 12: got the answer.
33:37
Speaker 3: So he sounds fantastic when you're talking to him.
33:40
Speaker 12: Well, I don't know that I am, because four out
33:41
Speaker 12: of four said we don't know who he is anyway.
33:44
Speaker 12: Nicola Willis, by the way, our finance minister, to celebrate
33:46
Speaker 12: what I thought was a pretty solid number yesterday. See
33:49
Speaker 12: here a point seven was more than everyone else was thinking,
33:51
Speaker 12: wasn't it?
33:52
Speaker 3: Shortly looking forward to it, I have a great Friday,
33:55
Speaker 3: our Sea on Sunday Sunday Session nine a m. Take care.
34:02
Speaker 1: For more from early edition with Ryan Bridge.
34:05
Speaker 2: Listen live to News Talks it B from five am weekdays,
34:08
Speaker 2: or follow the podcast on iHeartRadio