Latest / Early Edition with Ryan Bridge / Full Show Podcast: 20 May 2026

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Full Show Podcast: 20 May 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 Spunk for Business Technology that keeps Business
0:09
Speaker 1: moving News talks.
0:10
Speaker 2: They'd be good morning. It is Wednesday, six half to five.
0:12
Speaker 2: Great to have your company. We'll look at the public
0:14
Speaker 2: service rejig before six this morning. Gavin's in the UK
0:18
Speaker 2: for US international student numbers are up, hard spending is down.
0:23
Speaker 1: The agenda.
0:24
Speaker 2: It is Wednesday, the twentieth of May. So Trump's been
0:27
Speaker 2: visiting the White House ballroom, the construction site that he's
0:29
Speaker 2: trying to get off the ground, and he told reporters
0:31
Speaker 2: he was an hour away from attacking Iran again.
0:35
Speaker 3: I was an hour away from making the decision to
0:38
Speaker 3: go today, and we would.
0:41
Speaker 4: Probably not be talking.
0:42
Speaker 3: About a beautiful ballroom today. We'd be talking about that.
0:46
Speaker 2: So they called up.
0:47
Speaker 3: They had heard I made the decision. They said, Sir,
0:49
Speaker 3: could you give us a couple of more days because
0:51
Speaker 3: we think they're being reached number.
0:54
Speaker 2: Now the hit hon shows that the military been asked
0:56
Speaker 2: about that strike on the Iranian school.
0:58
Speaker 5: The investigation design god as soon as it's complete. I'm
1:01
Speaker 5: happy to be so that possible.
1:03
Speaker 6: Will not take responsibility for something we very obviously did.
1:07
Speaker 5: So it's a complex investigation. The school itself is located
1:10
Speaker 5: on an active IRGC cruise missile base, so it's more
1:13
Speaker 5: complex than the average strike. As soon as we're complete,
1:17
Speaker 5: I'm fully committed to conspiraency.
1:19
Speaker 3: Just so you know, and I have an enormous amount
1:21
Speaker 3: of respect for you, an enormous amount of respect for
1:23
Speaker 3: the Pentagon.
1:24
Speaker 6: I do not trust that answer.
1:26
Speaker 2: So not respect. Then Now let's go to London Police.
1:29
Speaker 2: There say that fifty seven people twenty companies could face
1:32
Speaker 2: charges over the Grenfell Town disaster. Can you believe that
1:35
Speaker 2: next year that'll be ten years since it happened? Seventy
1:38
Speaker 2: two people dined.
1:39
Speaker 7: This is a really significant day though, When we go
1:42
Speaker 7: to the CPS in September, that marks the point where
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Speaker 7: we're saying we've done enough of the investigation that they're
1:47
Speaker 7: able to take charging decisions and are able to decide
1:50
Speaker 7: whether or not criminal charges should be brought and against
1:53
Speaker 7: whom and what four. So this is a significant day
1:56
Speaker 7: that's taken, we acknowledge a long time to get here.
2:00
Speaker 2: You thought the city rail link was bad, just go
2:02
Speaker 2: to the UK. The largest infrastructure project that built there,
2:05
Speaker 2: the HS two railway line turning into quite the money pit.
2:10
Speaker 2: The original bill thirty two billion pounds meant to open
2:13
Speaker 2: this year. Now it's past one hundred billion, no trains
2:18
Speaker 2: running until at least twenty thirty six.
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Speaker 4: I am angry on behalf of taxpayers and affected communities
2:24
Speaker 4: who have been swindled by the failures of successive Conservative governments.
2:28
Speaker 4: I'm angry on behalf of the thousands of rail and
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Speaker 4: construction workers giving that all on this project, who do
2:36
Speaker 4: not deserve to have their industry tarnished in this way.
2:39
Speaker 2: So it doesn't really matter where you are in the world,
2:41
Speaker 2: whatever the builder is, they give you to start with
2:43
Speaker 2: quadruple it just times are by one hundred and you'll
2:47
Speaker 2: be safe. By the way, the maximum speed that they
2:50
Speaker 2: trains were meant to go the original top speed, they're
2:52
Speaker 2: now going to max out at three twenty k's an
2:54
Speaker 2: hour to save money.
2:57
Speaker 1: News and views you trust to start your day. It's
3:01
Speaker 1: early edition with Ryan Bridge and Spark for Business Technology
3:05
Speaker 1: that keeps business moving, hues talks that be it is.
3:09
Speaker 2: Nine minutes half to five great to have your company.
3:11
Speaker 2: So this talk of a sort of a tax war
3:14
Speaker 2: between New Zealand and Australia is completely overhyped. However, this
3:18
Speaker 2: is what Nicola Willis said to say about it yesterday.
3:20
Speaker 2: This comes after Charmer's budget. You know, I've been talking
3:22
Speaker 2: about the capital gains tax, the negative gearing changes that
3:26
Speaker 2: they've made over there, but more the capital gains particularly
3:29
Speaker 2: as it applies to businesses, because it's not just property
3:32
Speaker 2: that's hit by this, it's businesses that are hit by this.
3:35
Speaker 2: You will be disadvantaged. And so they're worried over there
3:37
Speaker 2: about entrepreneurship. In fact, there's a guy who says it's
3:41
Speaker 2: an entrepreneurial kick in the groin, this capital gains tax plan,
3:46
Speaker 2: and Charmers may yet walk back some of it. Here's
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Speaker 2: what Nicola Willis said to say about it.
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Speaker 8: I have been delighted in recent days to see the
3:54
Speaker 8: number of LinkedIn posts from Kiwis in Australia saying, Hey,
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Speaker 8: I'm considering the move back home because at home I
4:00
Speaker 8: won't face a capital gains text, I'll have a lower
4:03
Speaker 8: inflation rate. In New Zealand's looking like a pretty great
4:06
Speaker 8: place to do business right now. So I repeat what
4:09
Speaker 8: I said last week. If you're an aussy, you're talented,
4:11
Speaker 8: you want to make investments where the bloody, how are
4:14
Speaker 8: you right?
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Speaker 2: So, I mean there's got to be some good banter
4:17
Speaker 2: across the Tasman, doesn't there. This is a guy who
4:21
Speaker 2: David Williams, who is a well known deal maker over
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Speaker 2: in Australia, and he is standing up for your tech startups,
4:29
Speaker 2: for your entrepreneurs, for your businesses over there. This is
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Speaker 2: what he is saying about Charmer's budget.
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Speaker 9: CGT and the budget is a disaster for startups. And
4:40
Speaker 9: it's a disaster because these people will feel the need
4:45
Speaker 9: to move to pursue their ideas. And I think it's
4:51
Speaker 9: a big folly to think that these startups are in transigent.
4:56
Speaker 9: This is not like wanting Treasury to move or begin
5:01
Speaker 9: to move. Those decisions are so huge. People can be
5:04
Speaker 9: in transigent regardless of what you do.
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Speaker 2: So there you go. And this is a guy that
5:09
Speaker 2: people listen to. This is a guy. He's an investment
5:11
Speaker 2: banker out of Melbourne Corporate Advisor. He was best known
5:14
Speaker 2: over in Australia for brokering the deal that returned Veggimite
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Speaker 2: to Australian ownership. There is nothing more Australian than that, surely,
5:21
Speaker 2: Ryan Bridge, even after five News talk ZB coming up
5:24
Speaker 2: next to a look at the card spending data for
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Speaker 2: April here in New Zealand. What does it say about
5:28
Speaker 2: the state of the economy. That's next.
5:32
Speaker 1: The first word on the News of the Day early
5:35
Speaker 1: edition with Ryan Bridge and Spark for Business Technology that
5:39
Speaker 1: keeps Business Moving US Talk ZEDBB.
5:42
Speaker 2: It is thirteen minutes after five. I refuse to sort
5:46
Speaker 2: of buy into this idea that Wellington is nothing but
5:49
Speaker 2: the public service. I lived in Wellington most of my
5:51
Speaker 2: life and most of what happens in Wellington is not
5:54
Speaker 2: the public service, despite the bad rap that it gets
5:57
Speaker 2: and evidence of this there is a company called Factor.
6:00
Speaker 2: Bob says Ryan the public service cunts are disastrous for Wellington.
6:04
Speaker 2: It is the lifeblood of the city. It's not. And
6:07
Speaker 2: there's lots of other stuff happening in Wellington that people
6:09
Speaker 2: just don't hear about. Did you know gen Track had
6:11
Speaker 2: their results the other day? So gen Track, as part
6:15
Speaker 2: of that announcement bought an AI software company called Factor
6:21
Speaker 2: started in Wellington. It is a Wellington utility AI company
6:27
Speaker 2: bought it after two years of operation. These two founders
6:30
Speaker 2: started in Wellington twenty seven million dollars. So there are
6:33
Speaker 2: things to do in Wellington. There are jobs to be
6:35
Speaker 2: had in Wellington. There is innovation happening in Wellington. It's
6:39
Speaker 2: probably just not happening in the public service. And bread bread,
6:42
Speaker 2: which is why they'refore the chop. We'll talk about that
6:44
Speaker 2: more than ten minutes down, but not out. We've got
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Speaker 2: retail cards spinning data out down one point three percent
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Speaker 2: for April. That's despite the petrol prices going up thirteen
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Speaker 2: percent for the month. Core spending so you take out
6:55
Speaker 2: your fuel, you take out your vehicles, that was also
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Speaker 2: down one point three percent month on month or April,
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Speaker 2: following a point three percent decline for March. Consumables down
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Speaker 2: two point one percent following a one point four lift
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Speaker 2: in March, which might tell you that there were some
7:12
Speaker 2: inflated purchases being brought forward because people were worried about
7:15
Speaker 2: the higher prices or supply because of the war. Carolyn Young,
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Speaker 2: Retail and NCO with me this morning. Carolyn, good morning,
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Speaker 2: well In an a bad result or good result given
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Speaker 2: the circumstances.
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Speaker 10: I think it's mixed pretty much what you said. You know,
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Speaker 10: when you look at a year on year non inflation
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Speaker 10: adjusted figures, because retailers they are not dealing in inflation
7:37
Speaker 10: adjusted times right or sorry, inflation, I mean seasonally adjusted.
7:42
Speaker 10: My brain's not working this morning.
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Speaker 9: We look at the.
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Speaker 10: Actuals, you know, you see, their consumables were at one
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Speaker 10: point seven percent on actual, which is the lowest rate
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Speaker 10: we've seen in quite some time. So it does indicate
7:56
Speaker 10: that people are probably making good choices in the supermarket
7:59
Speaker 10: and the two actually buying lower brand values, you know,
8:03
Speaker 10: own brand items, those sorts of things that still spending
8:07
Speaker 10: but was caution, I guess is probably how we'd see it.
8:10
Speaker 2: What how are retailers responding to that?
8:15
Speaker 10: Retailers are pretty cautious at the moment, though. The difference
8:19
Speaker 10: for a retailers despective is that their margins are being
8:21
Speaker 10: squeezed because obviously, you know, the cost of freighters at,
8:26
Speaker 10: the cost of getting your rubbish collected is up, the
8:29
Speaker 10: cost of your recycling is up, you know, a whole
8:32
Speaker 10: lot of costs they are being borne by retailers that
8:36
Speaker 10: where they haven't increased prices, So margins are being squeezed,
8:40
Speaker 10: which makes cash flow tight and it makes payments difficult.
8:43
Speaker 2: Are these letters still arriving? My deary owner tells me
8:46
Speaker 2: every day that I go in there, tells me I'm
8:48
Speaker 2: getting a letter a day from suppliers saying we're putting
8:51
Speaker 2: a surcharge on a search. Have these slowed down now
8:55
Speaker 2: or are they still happening.
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Speaker 10: Well, most people will have received no, but there are
9:00
Speaker 10: still some that are floating in and that just makes it.
9:03
Speaker 10: It does feel, as your local dairy owners said, it
9:08
Speaker 10: feels quite overwhelming when you just continue to see these
9:11
Speaker 10: day out to day. So it's quite troubling, and I
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Speaker 10: guess that's where the margin squeeze is going to come.
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Speaker 2: Carolyn Young Retailing Z. Nice to have you on the
9:21
Speaker 2: show this morning, seventeen after five. So it's quite funny
9:24
Speaker 2: because Putin has just arrived in Beijing for a weir
9:27
Speaker 2: friendship meeting. It's the twenty fifth anniversary of the Treaty
9:30
Speaker 2: of Good Neighborliness and Friendly Cooperation between Russia and China.
9:35
Speaker 2: That's the official title, and he's got the same warm
9:38
Speaker 2: welcome that Trump got just a few days ago. So
9:42
Speaker 2: the flag waving that you saw with the US flag
9:44
Speaker 2: and the Chinese flag, this very same people are waving
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Speaker 2: the Russian flag and the Chinese flag, and they have
9:52
Speaker 2: often described themselves this relationship as a friendship with no limits.
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Speaker 2: Between she and Putin. He sounds a bit weird, doesn't it. Anyway?
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Speaker 2: China is Russia's largest trading partner. Russia just four percent
10:05
Speaker 2: of China's exports, so basically, Putin needs she a lot
10:09
Speaker 2: more than she needs Putin. We know who wears the
10:12
Speaker 2: pants in that relationship with no limits. Eighteen after five.
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Speaker 1: Get ahead of the headlines on early edition with Ryan
10:21
Speaker 1: Bridge and Spark for Business Technology that keeps Business Moving
10:25
Speaker 1: News Talk ZB.
10:26
Speaker 2: Five twenty Global dairy Trade auction overnight. I'll give you
10:29
Speaker 2: the numbers up point six percents for this auction and
10:32
Speaker 2: the stuff we really care about, the stuff we sell
10:34
Speaker 2: the most of the milk powder, skim milk powder up
10:37
Speaker 2: point two and whole milk powder one point two percent.
10:40
Speaker 2: So again, at least moving in the right direction. It
10:44
Speaker 2: is twenty one after five. Ryan Bridge International student numbers
10:47
Speaker 2: bouncing back fourteen percent up on last year, brings the
10:51
Speaker 2: wider education sector to around eighty percent of pre COVID levels.
10:55
Speaker 2: India China still our biggest education markets. Neil Quigley, University
10:58
Speaker 2: of Waikanto, Vice Chance with me live this morning. Now,
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Speaker 2: Good morning, good morning, Ron. What are you seeing.
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Speaker 11: Well? I think that during the pandemic were really struggled,
11:10
Speaker 11: of course to get international students on shore, and so
11:15
Speaker 11: you know, this is partly a return to the markets
11:18
Speaker 11: that we had pro the pandemic. And given that it
11:22
Speaker 11: often takes international students two years from the point of
11:27
Speaker 11: contact through to enrollment in New Zealand, there's a necessary
11:31
Speaker 11: reasonable delay of the pipeline, then it's.
11:33
Speaker 2: A slow beast to wake back up, isn't it. What
11:35
Speaker 2: about the direct you sort of here anecdotally that international
11:38
Speaker 2: students are avoiding places like America because of Trump and
11:41
Speaker 2: other issues. Are you seeing that we're benefiting from that
11:44
Speaker 2: or not? Yet?
11:46
Speaker 11: We are benefiting from the global trend. And it's not
11:49
Speaker 11: just the politics of the United States. It's also that
11:54
Speaker 11: visa policies in Canada and Australia and the UK have changed.
12:00
Speaker 11: And in those countries some universities had really really large
12:06
Speaker 11: percentages of international students and they've probably pushed over the
12:10
Speaker 11: level where there was social license for them to continue
12:14
Speaker 11: taking those numbers of international students. So big changes in
12:19
Speaker 11: visa policy in those countries have certainly helped us.
12:21
Speaker 2: What ratio at a university is too much, do you think?
12:25
Speaker 2: And to the point where you lose your social license.
12:28
Speaker 11: Well, we're talking in Australia and in the UK and
12:33
Speaker 11: Canada about universities that had fifty percent plus international students
12:38
Speaker 11: on shore. So that obviously has a huge impact on
12:43
Speaker 11: the experience of the university because it means in those
12:47
Speaker 11: subjects that are popular with international students, you might face
12:51
Speaker 11: an overwhelming majority of international students in those classes. So
12:56
Speaker 11: the New Zealand universities that I think as leaders in
13:01
Speaker 11: international education, which i'd include Whitcotto, we're sort of in
13:06
Speaker 11: the low twenties as a percentage of total student enrollment
13:09
Speaker 11: on shore at the moment, and you know, we're comfortable
13:13
Speaker 11: with that, but are we certainly not looking at fifty percent?
13:18
Speaker 2: Interesting what revenue wise or sort of income wise through university,
13:23
Speaker 2: how important are the international students.
13:27
Speaker 11: Well, they're very important because we have a free hand
13:32
Speaker 11: in setting the tuition fees, so we're able to set
13:36
Speaker 11: the tuation fees at a level where we can just
13:39
Speaker 11: recruit the number of students that we want to recruit,
13:43
Speaker 11: and normally at the moment varies across different disciplines of course,
13:48
Speaker 11: but that's often net of commissions and recruitment expenses. Maybe
13:54
Speaker 11: twenty percent above the revenue we get for a domestic
13:57
Speaker 11: student in the same program.
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Speaker 2: How stick is the demand? I mean, can you just
14:01
Speaker 2: go as high as you want and they'll keep paying?
14:05
Speaker 11: No, no, no, definitely not, because you know, the international
14:10
Speaker 11: students are very aware of the ranking of universities. So
14:17
Speaker 11: whenever I'm off sure talking to students who are thinking
14:20
Speaker 11: about coming to study in New Zealand, they know more
14:23
Speaker 11: about where every university ranks of each subject than I do.
14:27
Speaker 11: It's very impressive the way they study these things. And
14:30
Speaker 11: so you know, our ability to charge is linked to
14:34
Speaker 11: the international markets perception of our quality. And obviously at
14:38
Speaker 11: the moment that's that's pretty good, But neither are any
14:41
Speaker 11: of us Harvard.
14:42
Speaker 2: Or Standard Neil Quigley University of Why cuts. The vice chancellor.
14:46
Speaker 2: Good to have you on the show this morning. It
14:48
Speaker 2: is five twenty five. We'll deal with the job cuts
14:50
Speaker 2: for the public service next the Early.
14:52
Speaker 1: Edition film show podcast on iHeartRadio powered by News.
14:56
Speaker 2: Talks at Me News Talks it B. It is twenty
15:00
Speaker 2: seven minutes after five. We got the Inevitable Grinch headlines
15:03
Speaker 2: from the media yesterday powered by Union Panic. The public
15:07
Speaker 2: service knew this was coming. They should have Judith Colins,
15:09
Speaker 2: Nicola Willis s, Brian Roach. I've all been talking about
15:12
Speaker 2: it since they got into office, so it's not shocking.
15:15
Speaker 2: It's also not a done deal yet. All that's really
15:18
Speaker 2: happened in the final leg of this government's current term
15:21
Speaker 2: is a few letters have been posted to some chief executives.
15:24
Speaker 2: Did you give us a mood board? Do us a
15:26
Speaker 2: mood board on some cuts to staffing. The savings will
15:30
Speaker 2: be banked, but there is no guarantee any of this
15:32
Speaker 2: will actually happen. Winston Peters was right about that yesterday.
15:36
Speaker 2: That's for an election to decide. Back to the unions
15:39
Speaker 2: and the opposition complaints for a second. Two basic questions.
15:43
Speaker 2: If these proposed cuts are so bad, so evil, so destructive,
15:47
Speaker 2: so armageddon, why was a workforce equivalent to about one
15:52
Speaker 2: percent of the population allowed under Helen Clark? Was she
15:56
Speaker 2: and evil grinch like Nikola? And how can you say
15:59
Speaker 2: the public will suffer, that we will suffer, The sky
16:02
Speaker 2: will fall in, the clouds will gather when you know
16:06
Speaker 2: not what jobs are actually being cut yet, how are
16:09
Speaker 2: you to know there aren't back off for savings to
16:11
Speaker 2: be made. We're told the money will instead go towards
16:14
Speaker 2: the front line in health and education. Wonderful? Should we
16:18
Speaker 2: not celebrate? To be fair, the same argument could be
16:21
Speaker 2: tipped on its head without knowing what's being cut. How
16:24
Speaker 2: can the government claim that no services will be impacted.
16:26
Speaker 2: The proof of that, though, will be in the eating
16:29
Speaker 2: of the pudding, as the saying goes. But remember, the
16:32
Speaker 2: job of figuring out which jobs are for the acts
16:36
Speaker 2: without affecting us the taxpayers, is in the hands of
16:39
Speaker 2: the very people whose jobs are on the line in
16:41
Speaker 2: the first place. If we are to trust them, as
16:44
Speaker 2: the unions in the opposition clearly do, should we not
16:48
Speaker 2: trust that they will know how to be surgical and
16:51
Speaker 2: only trim the fat and not the bone. Twenty nine
16:55
Speaker 2: after five news talks EB, we're going to Gavin Graham
16:58
Speaker 2: the UK very shortly. Job vacancies in Britain have fallen
17:03
Speaker 2: five year low for April, so not good news for them.
17:06
Speaker 2: This is the war in Iran. I remember they are
17:07
Speaker 2: the most effective economy out of the advanced economies. Prices
17:11
Speaker 2: of energy, food going up, Unemployment up to five percent
17:15
Speaker 2: for the quarter from four point nine, private sector wages
17:19
Speaker 2: up three percent, So that is good. However, that is
17:22
Speaker 2: being overtaken by inflation, so your purposing power is going backwards.
17:27
Speaker 2: In the UK at the moment, Gavern is with us
17:29
Speaker 2: Live Next News Talk zib.
17:42
Speaker 1: On your radio and online on iHeartRadio, Bellly Edition with
17:46
Speaker 1: Ryan Bridge and Spark for Business Technology, the Kief's Business
17:50
Speaker 1: Moving News Talk ZEDBX.
17:55
Speaker 2: Prety far away from Sex News Talk zib Carmel and
17:58
Speaker 2: ballots from Labor. This is the one labor MP that
18:00
Speaker 2: opposition MPs tell me will be their political opponents, I
18:05
Speaker 2: should say, in National and Act, the one labor MP
18:07
Speaker 2: that they actually rate. So Kamala Balich is on about
18:10
Speaker 2: the Public Service Council. Talk to her in a few
18:12
Speaker 2: minutes time. And Gavin is in the UK for us
18:15
Speaker 2: this morning. Some slightly bad news if you are a parent,
18:20
Speaker 2: and I say parent intentionally not just mother, but paid
18:23
Speaker 2: parental leave because either of you can get it ey.
18:26
Speaker 2: One of the big firm accounting firms is so PwC
18:29
Speaker 2: does this, KPMG does this, Deloitte does this, A lot
18:32
Speaker 2: of big services firms do this. They will top up
18:35
Speaker 2: your paid parental leave from what the government pays, which
18:39
Speaker 2: taxpayer pays, which is about eight hundred dollars a week
18:42
Speaker 2: for your twenty six weeks, the company will top it
18:45
Speaker 2: up to whatever your normal pay is. So they're out
18:48
Speaker 2: of pocket quite a lot, and they're changing their rules.
18:51
Speaker 2: They've done this, Ey has done this in Australia and
18:53
Speaker 2: they're now going to do it in New Zealand. Claw
18:56
Speaker 2: back the parental leave pay from the staff who quit
19:01
Speaker 2: after returning. So if you go away and have a baby,
19:04
Speaker 2: you get all the money for the six months you
19:06
Speaker 2: come back. You quit, they will make you pay back
19:10
Speaker 2: either by offsetting it or in taking it out of
19:13
Speaker 2: your final pay two months of the six months of
19:16
Speaker 2: your pay, so the free ride. And then because I've
19:20
Speaker 2: had friends who done that, go away, have their baby,
19:23
Speaker 2: come back, quit and then the company is out of
19:26
Speaker 2: pocket and out of a worker. And it's quite a
19:29
Speaker 2: tight labor market and specific parts of these businesses that
19:33
Speaker 2: they operate in, so they are now cracking down and
19:37
Speaker 2: cloring back. Time is twenty two to six, Bryan Bridge,
19:41
Speaker 2: and some might say fair enough too, Callum Proctor, the
19:43
Speaker 2: need it more? Good morning morning, right, what's happening with
19:46
Speaker 2: these attacks and in the cargoo.
19:49
Speaker 12: Yeah, I'm pretty shocking these and police have arrested and
19:51
Speaker 12: charged four people, two fifteen year old boys and two
19:55
Speaker 12: sixteen year old boys. Investigators alleged dating apps will You
20:00
Speaker 12: used to lure these victims, and they're warning that the
20:03
Speaker 12: offending may be linked to harmful online trends. So police
20:08
Speaker 12: describing their offending as deliberate, coordinated, extremely dangerous, dangerous, and
20:14
Speaker 12: completely unacceptable. They also say the level of violence inflicted
20:18
Speaker 12: in these cases was deeply concerning and nothing short of
20:21
Speaker 12: luck the victims weren't more seriously injured or even killed.
20:24
Speaker 12: And Ryan Police say they're also increasingly concerned about the
20:27
Speaker 12: apparent influence of online and social media trends here that
20:31
Speaker 12: appear to be encouraging and glorifying this type of offending. Right,
20:34
Speaker 12: how's your weather well in the cargo fifteen today becoming
20:38
Speaker 12: overcast to need and find to start with, frosty becoming
20:40
Speaker 12: cloudy in fourteen today?
20:42
Speaker 2: Nice one cheers Callum clear in christ this morning, Claire,
20:45
Speaker 2: Good morning, peregets this. How's everyone coping with the golf
20:49
Speaker 2: course reased? Owning well?
20:51
Speaker 13: Interestingly, Wolf Properties are still quite quiet on the rezoning,
20:54
Speaker 13: aside from their initial press release that they put out
20:57
Speaker 13: confirming their plans. From a residence point of view, there's
21:00
Speaker 13: definitely concerns around the redevelopment of their golf course. They
21:03
Speaker 13: say there are concerns around things like the pressure or
21:06
Speaker 13: put on local schools, the local roads and also infrastructure.
21:10
Speaker 13: This proposal, as we know it is likely to go
21:12
Speaker 13: through the fast track process. Pegasus Residence Group president Matt
21:17
Speaker 13: James says while the development directly affects properties bordering the course,
21:21
Speaker 13: the impact will be felt across the wider town as well.
21:24
Speaker 13: He says Pegasus already has problems with the lengths of
21:27
Speaker 13: congestion in the morning and says that residents are brought
21:30
Speaker 13: into a dream which is now being squashed Why muked
21:33
Speaker 13: Eddi MP Matt Doocey wants any redevelopment there to reflect
21:36
Speaker 13: community needs and infrastructure capacity, while Labour's candidate for Why
21:40
Speaker 13: MarCad Eddie Dan Roseworn, has requested a meeting with Wolfbrookie's
21:44
Speaker 13: one of many to ask for a meeting, seeking some
21:47
Speaker 13: answers and a bit more detail for the residents. So
21:49
Speaker 13: still lots of unknowns. How's your wear the Claire morning
21:53
Speaker 13: cloud and then find some light winds and a high
21:56
Speaker 13: of fourteen.
21:57
Speaker 2: You have yourself a great day. Adam and Wellington Morning. Adam, So,
22:00
Speaker 2: a bit of a battle between Razine and the unions. Yeah,
22:03
Speaker 2: it's been going on for a while.
22:04
Speaker 14: Workers at Raziness Factory and the huts have been campaigning
22:07
Speaker 14: for a living wage from more than a year now.
22:09
Speaker 14: Some say they're surviving on just canned food, unable to
22:12
Speaker 14: afford their kid's birthday presents. Now most of the factory
22:15
Speaker 14: workers are on an average of twenty five dollars an hour.
22:17
Speaker 14: They too union wants this up to the living wage,
22:20
Speaker 14: which is twenty eight to eighty five. But the union
22:23
Speaker 14: says it's now taking Razine to the Employment Relations Authority
22:26
Speaker 14: overclaims its union members are being discriminated against in the workplace.
22:30
Speaker 2: Now.
22:31
Speaker 14: They say three Hurricanes rugby tickets are being given out,
22:34
Speaker 14: but only to those not in the union. Razine is
22:37
Speaker 14: a sponsor of the Canes. They're also saying that the
22:39
Speaker 14: company had unlawfully withheld small performance performance bonuses from one
22:43
Speaker 14: department due to the strike action. As well, the union
22:46
Speaker 14: is saying it's American style union busting and very rare
22:50
Speaker 14: extreme behavior. Razine declined to comment to our newsroom on
22:54
Speaker 14: these claims, but they have said that they have negotiated
22:56
Speaker 14: in good faith and will continue to do so. All right,
22:59
Speaker 14: how's your weather partly cloudy today? Northerly's picking up and
23:02
Speaker 14: getting up to fourteen?
23:03
Speaker 2: Nice one never good morning, good morning. Now Auckland is
23:07
Speaker 2: being urged to have awkward bit necessary conversations about taking
23:11
Speaker 2: care of their business.
23:12
Speaker 15: Yes, the business their poopoo's correct. So do people want
23:16
Speaker 15: to hear this at this hour? Of course they do.
23:18
Speaker 15: Everyone does it, my goodness, so the majority of.
23:21
Speaker 2: You might be doing it right now.
23:24
Speaker 15: Yes, so listen up, listen up. So the majority of
23:27
Speaker 15: Auckland's wastewater is treated at Mangti Wastewater Treatment Plant and
23:31
Speaker 15: all the leftover bio solids are then trucked, trucked, I
23:35
Speaker 15: tell you to nearby Pookitutu Island. Now water Care is
23:38
Speaker 15: consulting the public. Want to know, you know, how do
23:40
Speaker 15: we feel about this and how to handle the more
23:43
Speaker 15: than one hundred and seventy five thousand tons of biosolids
23:47
Speaker 15: annually one hundred and seventy five thousand.
23:49
Speaker 2: Wait to so hang on. So, so the water is
23:52
Speaker 2: separated out, but the actual solid stuff is all taken
23:55
Speaker 2: to one island.
23:56
Speaker 15: Yes, yes, and so now there's there are two most
24:00
Speaker 15: likely solutions, either bearing them in another landfill or building
24:04
Speaker 15: an incinerator to burn.
24:08
Speaker 2: That went so well and Bromley put it in the ground.
24:13
Speaker 2: Put it in the ground. Long drop it.
24:15
Speaker 1: You don't want to be anywhere near that.
24:17
Speaker 15: If there's an incinerator too.
24:18
Speaker 2: Yeah, where is Pooka too to Island?
24:21
Speaker 15: It's in South Auckland. It's in you know, we must go.
24:25
Speaker 15: We can't go to many places, can we, because we've
24:28
Speaker 15: got it with not not going there.
24:29
Speaker 2: That's happening there, brendous to think about it. I apologize
24:32
Speaker 2: for Neva's story this morning. Can you cheer us up
24:34
Speaker 2: with the weather please?
24:35
Speaker 15: Never Oh my goodness, Look that's Auckland weather. It's just amazing.
24:39
Speaker 14: Look at my face.
24:40
Speaker 15: I've got browner. I have people said to me out
24:44
Speaker 15: there in the newsroom. Look at you.
24:45
Speaker 16: You're just glowing.
24:46
Speaker 15: I see it's this.
24:47
Speaker 2: It's the weather.
24:48
Speaker 15: Fine, fine, fine, another fine day.
24:51
Speaker 2: Nineteen is the high fantastic enjoyed everybody. Just avoid pook
24:55
Speaker 2: it to to Island seventeen to Sex News Talk said,
24:58
Speaker 2: be we're in London next. The markets have been pretty
25:00
Speaker 2: jumpy lately. We all know this. The war in the
25:03
Speaker 2: Middle East, rising oil prices, ongoing uncertainty, all that stuff,
25:07
Speaker 2: and when that hits your investments, it's hard not to
25:09
Speaker 2: worry about it. I understand that everybody understands that. I think,
25:12
Speaker 2: but volatility isn't new and it doesn't mean long term
25:17
Speaker 2: plans stop working. In fact, markets dips can work in
25:21
Speaker 2: your favor if you're making regular contributions, because those regular
25:24
Speaker 2: contributions can buy more units when the unit prices are lower.
25:27
Speaker 2: This can translate into longer term gains when the market's
25:30
Speaker 2: ultimately recover again. That discipline underpins Milford's approach to active
25:35
Speaker 2: long term management of its Kiwisaver funds. Morning Star data
25:39
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25:43
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25:48
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Speaker 2: performance not a reliable indicator of future performance. Melford Funds
25:55
Speaker 2: Limited as the issue of the Milford Kiwisaver Plan. Go
25:59
Speaker 2: to Milford Asset dot Com to read the Milford Kiwi
26:01
Speaker 2: Savor Plan product disclosure statement and Milford's Financial Advice Provided
26:05
Speaker 2: disclosure statement. Bryan Bridge, Jade Vance give an update on
26:09
Speaker 2: the war in Iran, which by the way, is on
26:11
Speaker 2: pause in case you haven't noticed. The Gulf State's now
26:13
Speaker 2: saying peace is close. Trump saying We're not going to
26:16
Speaker 2: go back to fighting for now. Here's advance just minutes ago.
26:20
Speaker 6: We think that we've made a lot of progress. We
26:21
Speaker 6: think the Iranians want to make a deal. The President
26:23
Speaker 6: of United States has asked us to negotiating good faith,
26:26
Speaker 6: and that's exactly what we've done.
26:28
Speaker 2: So we're at a pretty good spot here.
26:30
Speaker 6: But there's an option B. And the option B is
26:32
Speaker 6: that we could restart the military campaign to continue to
26:36
Speaker 6: prosecute the case, to continue to try to achieve America's objectives.
26:40
Speaker 6: And we could talk a little bit about what that
26:42
Speaker 6: looks like. But that's not what the President wants, and
26:44
Speaker 6: I don't think it's what the Iranians want either.
26:47
Speaker 1: International correspondence with Ends and Eye Insurance, peace of mind
26:51
Speaker 1: for New Zealand business.
26:53
Speaker 2: Let's go to the UK. The could be charges over
26:55
Speaker 2: the Grenfell Town disaster. Gavin Gray are UK europe correspondent.
26:58
Speaker 2: Nice to have you on the show this morning. What's
27:00
Speaker 2: the latest to you?
27:01
Speaker 16: Hither Ron Well, unlike the fast moving and fast talking
27:05
Speaker 16: JD Vans, justice in this country seems to be very slow.
27:08
Speaker 16: You'll remember the Grenfell Tower par ten years ago in
27:12
Speaker 16: West London which killed seventy two people. Well, today police
27:16
Speaker 16: in London are saying up to fifty seven individuals and
27:18
Speaker 16: twenty companies could face criminal charges over the disaster. As
27:22
Speaker 16: I said a year a decade ago, the potential offenses
27:26
Speaker 16: under consideration include corporate gross negligence, manslaughter, fraud, health and
27:31
Speaker 16: safety breaches and misconduct in public office. Why has this
27:34
Speaker 16: taken so long? Will the Crown Prosecution Service prosecute Well,
27:39
Speaker 16: that is a question we'll wait to see. Why has
27:41
Speaker 16: taken so long is because the police said they did
27:43
Speaker 16: start to investigate on day one, but they wanted to
27:45
Speaker 16: wait until the public inquiry was finished. Operation Northley is
27:50
Speaker 16: a massive probe some three hundred and fifty million New
27:54
Speaker 16: Zealand dollars into the disaster of the fourteenth of June
27:57
Speaker 16: twenty seventeen, and it examined the actions of fifteen thousand
28:01
Speaker 16: people across seven hundred organizations. But even if the Crown
28:04
Speaker 16: Prosecution Service says yes, we've got enough here to prosecute
28:08
Speaker 16: the trial, any trial would be unlikely to begin before
28:11
Speaker 16: twenty twenty nine.
28:13
Speaker 2: Gavin gray Are UK europe Correspondent eleven away from six.
28:17
Speaker 2: The government wants to deblot the public service nine thousand
28:20
Speaker 2: redundancies two point four billion dollars in savings take us
28:23
Speaker 2: down to fifty five thousand full time public servants by
28:26
Speaker 2: July of twenty twenty nine.
28:28
Speaker 8: This is actually about giving public servants the opportunity to
28:31
Speaker 8: do their work better. They want to serve New Zealanders
28:35
Speaker 8: in a more joined up modern way.
28:37
Speaker 2: Nick camel Bell, which is with US Labor spokesperson for
28:39
Speaker 2: Public Services, come in a good morning.
28:42
Speaker 10: Good morning.
28:43
Speaker 2: So is one percent of the population roughly public servants?
28:46
Speaker 2: Is that bad?
28:49
Speaker 17: Well, we have a significantly larger number of public servants
28:54
Speaker 17: than one percent at the moment. And so what we
28:57
Speaker 17: don't know is what frontline services will be affected by this.
29:01
Speaker 17: We don't know what services that New Zealand is currently
29:06
Speaker 17: expect from their current public services that will be affected,
29:10
Speaker 17: and we don't know what jobs these are. So it's
29:13
Speaker 17: a really arbitrary target. I suppose that the government has
29:18
Speaker 17: decided to put on the public service and it's going
29:23
Speaker 17: to affect every region in New Zealand. I mean there's
29:25
Speaker 17: a significant number of jobs that the government is going
29:28
Speaker 17: to cut at the same time as we've got decade
29:32
Speaker 17: high levels of unemployment, and this is going to unfortunately
29:38
Speaker 17: hurt tivy families and also at the businesses that they utilize.
29:43
Speaker 2: Camelo, You've been very careful with your language and you
29:46
Speaker 2: are basically describing what is going to happen rather than
29:49
Speaker 2: criticizing it. Do you actually think there is good reason
29:52
Speaker 2: in some cases to go ahead with these cuts.
29:57
Speaker 17: I think the issue with this particular proposal that the
29:59
Speaker 17: government put forward is the fact that there is no
30:03
Speaker 17: detail on what they're actually going to do, so that
30:06
Speaker 17: is definitely a criticism. And the fact that such a
30:11
Speaker 17: significant cut to the public service. I mean, of course,
30:15
Speaker 17: throughout various governments, throughout the last Labor government, throughout previous governments,
30:21
Speaker 17: we've always had certain restructurings. Obviously there's been redundancies for
30:29
Speaker 17: some people, but not on a scale like this year
30:33
Speaker 17: after year. I mean, we have to really understand that
30:36
Speaker 17: what the government is proposing is quite a significant, huge
30:40
Speaker 17: change that every New Zealander will see. I mean, this
30:43
Speaker 17: is a move towards austerity really in the public service.
30:47
Speaker 17: So I think that's the scale of it, and the
30:51
Speaker 17: fact that we don't know what we're losing in terms
30:54
Speaker 17: of the detail is really really consistent.
30:57
Speaker 2: Can you call it austerity if they're putting the money
30:59
Speaker 2: into health and education? I mean, should you not be
31:01
Speaker 2: celebrating that aspect of it? If we can save in
31:03
Speaker 2: the back office, put it to the front line, good
31:05
Speaker 2: news story.
31:07
Speaker 17: I just don't think that there's enough information to be
31:10
Speaker 17: able to say that it's going to be redeployed in
31:13
Speaker 17: a way that is more positive than it is at
31:16
Speaker 17: the moment. It's just almost unbelievable what they've proposed in
31:21
Speaker 17: terms of the scale of the reduction and the timeframe
31:25
Speaker 17: that they say that they want to have that done,
31:28
Speaker 17: and when we've had big restructurings in the past, and
31:32
Speaker 17: you know, there was a smaller two percent reduction under
31:35
Speaker 17: the last labor government, and we've had significant reductions already
31:38
Speaker 17: under this government. So that's the context that we're looking
31:41
Speaker 17: at here.
31:43
Speaker 2: You're not convinced. You're not convinced, Carmela. I've got time
31:46
Speaker 2: for one answer, well, basically a one word answer on this.
31:49
Speaker 2: When the last gave them get labor government increased spending
31:52
Speaker 2: by seventy percent you know, triple spending in real terms,
31:56
Speaker 2: in nominal terms, double debt. What's one thing that we
31:59
Speaker 2: got better out of the pit service?
32:02
Speaker 17: Well, we and I know that this is maybe something
32:05
Speaker 17: that people don't usually bring up, but the reason that
32:08
Speaker 17: there was a huge amount of spending under the last
32:10
Speaker 17: Labor government as we suffered through a historic pandemic and
32:14
Speaker 17: we had to save lives, and that was the decision
32:17
Speaker 17: that the government decided to make was to prioritize debt,
32:21
Speaker 17: and that was one of the reasons that there was
32:23
Speaker 17: increased spending and spending that we hadn't otherwise anticipated. So
32:29
Speaker 17: saving thousands of lives is certainly an objective that I
32:32
Speaker 17: think can certainly a takeaway that I think from my
32:35
Speaker 17: perspective that we can be proud of and we can
32:37
Speaker 17: look at that spending and say that that was put
32:40
Speaker 17: towards a good cause.
32:41
Speaker 2: All right, come on about Labour spokespersons of public services.
32:45
Speaker 2: Seven to six news talks.
32:46
Speaker 1: There'd be before the news breaks here at first Ryan
32:50
Speaker 1: Bridge on early edition with Spark for Business Technology that
32:54
Speaker 1: keeps business movement news talks.
32:56
Speaker 2: They'd be four to six news talks. There'd be to
32:58
Speaker 2: some breaking news. Now it's going to be a fine
33:01
Speaker 2: day across Auckland. So enjoy Mike, good morning. Now we're
33:05
Speaker 2: the man is here. Are you enjoying it?
33:06
Speaker 18: It's beautiful right now that I raised it, aren't you
33:09
Speaker 18: enjoying it? You're looking at the sky and the whole
33:11
Speaker 18: new light.
33:12
Speaker 2: Aren't you enjoying it?
33:13
Speaker 18: Before you mentioned you're lapping it up? And it just
33:17
Speaker 18: goes on and on and on.
33:18
Speaker 2: I was thinking about it yesterday. If someone ran a
33:21
Speaker 2: headline that said breaking news, amazing where they you would
33:25
Speaker 2: criticize the hell out, wouldn't. I wouldn't rubbish the hero.
33:28
Speaker 18: What all I look for is all I look for
33:30
Speaker 18: in life is balance. And so if you've got the
33:32
Speaker 18: obsession with the misery, get the obsession with the positive
33:35
Speaker 18: as well, and then I don't think people would I
33:38
Speaker 18: think if you said Auckland, another beautiful day in North Island,
33:42
Speaker 18: another beautiful day.
33:43
Speaker 2: Hey, what are you doing today? Grant Dalton?
33:44
Speaker 18: Finnily enough, we've got the beginning of the America's Cup
33:47
Speaker 18: this weekend, and didn't you So we're in the smaller
33:49
Speaker 18: boats and all that sort of stuff. But we'll explain that.
33:51
Speaker 2: So we'll do that.
33:52
Speaker 18: Nicola Willis obviously on the jobs, so that another matters,
33:56
Speaker 18: wills that make you.
33:57
Speaker 2: Happy, that makes us happy. JD's doing the thing, then yeah,
34:01
Speaker 2: we've done j D. Mike next said be
34:07
Speaker 1: For more from Early Edition with Ryan Bridge, Listen live
34:10
Speaker 1: to News Talks at B from five am weekdays, or
34:13
Speaker 1: follow the podcast on iHeartRadio